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Board approves $935,487 district insurance package
Summary
The Maywood School District 89 board approved purchase of property, liability, and workers’ compensation insurance from Illinois Counties Risk Management Trust at a total cost of $935,487.
The Board of Education voted on Nov. 13 to purchase property, liability and workers’ compensation insurance from Illinois Counties Risk Management Trust at a total cost of $935,487.00.
The motion to approve the insurance purchase was made by Board President Shakeesta Williams and seconded by Parker; the minutes record a unanimous 7–0 vote in favor. The action was presented as part of the Consent Agenda and was characterized in the minutes as a standard risk-management procurement.
The public minutes do not include details on coverage limits, deductibles, or the previous year’s premium for comparison. Finance staff would maintain policy documents and binders for the district’s insurance program and provide details to the public on request via FOIA.
