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 18, 2013 - Regular Meeting
Agenda Item #17

Item Title
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 2013 - 2014

Financial Impact
$11,000 for 2013 - 2014

Submitted By

Dr. George F. Copeland, Assistant Superintendent for Business Affairs

Data Source: Sharon Nellis, Insurance Specialist, Risk Management Coordinator

Attachment: S.Nellis - Actuarial Analysis.pdf