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Board approves treasurer appointment and bond, designates depositories, renews insurance and updates policies
Summary
The Board named Jeremy Wickham as School Treasurer and approved a Treasurer's Bond; it also approved designation of depositories, renewed CLIC insurance (property/casualty and workers' compensation), and adopted a slate of policy updates including language to allow advisory student representatives.
At the June 9 meeting the Board approved several finance and governance items. The business office presented a School Treasurer's Bond from Gallagher with an annual premium of $13,994 and coverage of $21,529,457 for July 1, 2026'June 30, 2027, and the Board appointed Jeremy Wickham as School Treasurer for fiscal year 2027. The Board also approved the annual list of designated depositories and authorized signatories for 2026-27.
The Board approved insurance renewals with the Collective Liability Insurance Cooperative (CLIC): property/casualty and student accident coverage for $402,368 (a 15.3% increase) and workers' compensation coverage for $347,555 (a 25% increase) accompanied by an approximate $80,000 rebate expected to offset the latter increase. The Board approved a resolution naming Jeremy Wickham as the district's IMRF authorized agent. Separately, the Board approved a package of Board-policy updates, including custom language to Board Policy 2:40 to allow appointment of student representatives in an advisory capacity and multiple student- and operations-related policy updates. All items passed on unanimous roll-call votes.
