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Board discusses property/liability options as administration explores pooled alternative
Summary
Business Manager told trustees the district is exploring School Comp and other options for property and liability insurance and has sent a cancellable notice to TASB. The matter will return to the board in July or August for decision.
The board received an update on property and liability insurance options as Business Manager Rodney Stryk said the district is gathering information and evaluating whether participation in a School Comp pool could reduce costs.
Stryk said the district has contacted School Comp to see whether enough districts will sign up to form a pool and that a notice to TASB to cancel the current policy (which requires 30 days' notice) has been sent but could be rescinded. Trustees were told the issue will be brought back for board consideration in July or August.
No formal action was taken at the meeting; administration will return with comparative cost information and a recommendation if a pool is feasible.
