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Pendleton County board accepts treasurer's report, selects Travelers for workers' comp and renews CAN lease

Pendleton County Board of Education (Pendleton County Schools) · June 10, 2025
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Summary

Trustees accepted the May treasurer's report showing a roughly $3.0 million ending balance, approved Travelers as the 2026 workers' compensation carrier at about $22,003.35, and renewed a one-year lease with Christian Assistance Network for $10 consideration.

At its June 9 meeting, the Pendleton County Board of Education accepted the treasurer's May report, selected Travelers Insurance as its 2026 workers' compensation provider and renewed a one-year lease with the Christian Assistance Network (CAN).

Treasurer (identified in the meeting) reported that the district began May with about $2,961,000 in cash, noted receipts and disbursements for the month and reported a month-ending fund balance recorded in the meeting as approximately $3,000,001.78. The treasurer cautioned that multiple payrolls in June and early July will reduce the cash balance. "Began the month with 2,961,000.000 in cash," the treasurer said during the report, and noted year-to-date interest earnings versus the budget.

On workers' compensation, the treasurer said the district solicited quotes through agent Mutual Assured Partners and received bids including Encova and Travelers. The treasurer recommended Travelers at a quoted premium of $22,003.35 and noted that this represents a reduction of about $1,200 from the current year. The board discussed actuarial calculation factors (the district's EMOD was stated as 0.65) and approved selecting Travelers for the coming year by voice vote.

The board also approved renewing the Christian Assistance Network lease for one additional year on the same terms, described in the meeting as a one‑year renewal for 2025–26 at a $10 consideration, with the lease effective July 1. The treasurer said the district continues to own the building and has used it for storage while CAN occupies it under the year‑to‑year arrangement.

All three items were presented by the superintendent/treasurer and approved by voice vote. The board then moved to other business.