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Damon ISD accepts TASB policy update 125 and renews TASB Risk Management Fund coverage

Board of Trustees Damon Independent School District · June 19, 2025

Summary

Trustees accepted TASB Localized Policy Update 125 and approved renewal of the TASB Risk Management Fund insurance proposal for 2025–26; the fund contribution summary in the packet lists a total contribution estimate of $110,365.

The Damon ISD Board voted to accept TASB's Localized Policy Manual Update 125 and to approve renewal of coverage through the TASB Risk Management Fund for the participation period beginning July 1, 2025.

Trustee Jason Soileau moved to accept TASB update 125; Trustee Tracy Eversole seconded and the motion passed unanimously (For: 5, Against: 0). Trustee Virginia Morris then moved to approve the TASB insurance policy for 2025–26; the motion was seconded by Vice President Ami George and approved by the same vote tally.

The TASB Risk Management Fund materials included in the packet describe coverage summaries and a Contribution & Coverage Summary (CCS). The CCS in the packet shows a total estimated contribution of $110,365 and outlines property, automobile, school-liability and cyber coverage limits and deductibles for the July 1, 2025–June 30, 2026 participation period.

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