School District of Clay County Green Cove Springs, Florida |
Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway Hearings for Special Actions Regarding Students - 4:00 p.m. Regular Meeting - 7:00 p.m. |
Agenda Item #16 Item Title C-16 Agreement Between Clay County School Board and Risk Consulting Services, Inc. to Perform the Actuarial Study of our Workers' Compensation, Automobile and General Liability Self-Insurance Claims Fund Issue/Rationale To determine actuarially sound loss fund reserves for the School Board self-funded insurance programs. The School Board should continue contracting for actuarial services on an annual basis as a prudent business and financial policy. Recommended Action Approve the fee for 2015 - 2016 Financial Impact $11,000 for 2015 - 2016 Submitted By Susan Legutko, Assistant Superintendent for Business Affairs Data Source: Sharon Nellis, Insurance Specialist, Risk Management Coordinator Attachment: Actuarial Analysis Email April 16, 2015 Board Mtg.pdf |