Review Agenda Item
Meeting Date: 12/13/2021 - 6:30 PM
Category: New Business
Type: Action
Subject: Missouri United School Insurance Council (MUSIC) Renewal
Board Goals:
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
Enclosure MUSIC Invoice
File Attachment:
MUSIC 2022 Invoice.pdf
Background & Rationale: 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.
Budget to be Charged: Operations
Motion: I move to accept the 2022 insurance premium with Missouri United Schools Insurance Council in the amount of $1,543,297.
Approvals:
Recommended By:
Signed By:
Dr. Steve Shelton - Associate Superintendent of Operations
Signed By:
Jacqueline Vernon - Finance Supervisor
Signed By:
Dr. Allan Markley - Superintendent