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.
April 16, 2015 - Regular Meeting
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

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