School District of Clay County
Green Cove Springs, Florida
Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway Closed Hearings for Special Student Actions: 3:30 p.m. Regular Meeting: 7:00 p.m.
April 21, 2016 - Regular Meeting
Agenda Item #35

Item Title
C-31 Agreement between the School Board of Clay County 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 2016-2017.

Financial Impact
$11,000 for 2016-2017

Submitted By
Dr. Susan Legutko, Assistant Superintendent of Business Affairs

Data Source:  Chris Deeley-Isais, Insurance Specialist, Risk Management Coordinator

Attachment:  Actuarial Analysis Email March 17, 2016 Board Mtg.pdf