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District confirms $137,000 insurance payment for PRE boiler replacement
Summary
Director of Operations Ryan Carruth confirmed a $137,000 insurance claim payment for the Priest River Elementary (PRE) boiler replacement after a $10,000 deductible was applied; funds will be used for facilities expenditures.
Director of Operations Ryan Carruth told the Facilities Committee that the district received a $137,000 insurance payment for the PRE boiler replacement after the policy deductible of $10,000 was assessed to the claim. Carruth said the insurance funds will be utilized for facilities expenditures.
Committee members recorded the confirmation of funds on the minutes; no separate motion or appropriation was recorded in the Facilities Committee minutes. Further budgetary allocation or specific project assignments for the insurance funds were not detailed during the March 12 meeting.
