School District of Clay County
Green Cove Springs, Florida
Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway MAY 18, 2006 Hearings for Special Actions regarding Students - 3:00 p.m. REGULAR MEETING - 7:00 p.m. Executive Session immediately following Regular Meeting (Closed to the Public)
May 2006 Regular Meeting
Agenda Item #35


Item Title
C-40 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 (Revised)

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 2006-2007

Financial Impact
$8,900 for 2006-2007

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


Attachment:  20060508135923853.pdf-CCSB Actuarial Analysis