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Meeting Date:
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12/11/2023 - 6:30 PM
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Category:
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New Business
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Type:
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Action
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Subject:
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Missouri United School Insurance Council (MUSIC) Renewal
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Board Goals:
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4. Financial Responsibility i. Maintain a healthy Operational Fund ii. Identify Partners to support schools and programs iii. Facility Management and Capital Improvement Program iv. Compare and compete with similar school districts
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Enclosure
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MUSIC Invoice
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File Attachment:
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Background & Rationale:
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Each year the district obtains insurance coverage to mitigate risk. The district has partnered with MUSIC to obtain this coverage. The coverage includes property, casualty, workers compensation, cyber threat, pollution and umbrella. Umbrella coverage is not part of this invoice and will come to the board for approval at a later date.
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Budget to be Charged:
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Operations
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Motion:
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I move to accept the 2024 insurance premium with Missouri United Schools Insurance Council in the amount of $2,058,524.00.
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Approvals:
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Recommended By:
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Signed By:
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Jacqui Vernon - Director of Finance Operations
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Signed By:
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Penelope Martin-Knox - Superintendent
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