Agenda Item
Meeting Date: 6/12/2019 - 7:00 PM
Category: Consent Agenda 2
Type: Action
Subject: Approval of Workers' Compensation Renewal with SELF
Vision 2022:
Policy: 4.10 - Fiscal and Business Management
Background: For Workers' Compensation coverage, the district is a member of the School Employees Loss Fund (SELF) cooperative. SELF is a Workers' Compensation pool made up of approximately seventy school districts in the area. In June 2018, the Board of Education approved the Workers' Compensation renewal for 2018-19 with SELF. The total premium for the year was $381,861. However, the final cost including return of contributions and audit adjustments was $317,207.
File Attachment:
Summary: The district received the renewal from SELF for the 2019-20 school year in the amount of $388,750. This represents a 1.8% increase over the 2018-19 premium. The final cost after return of contributions and audit adjustments is $323,554 as compared to a final cost last year (after similar adjustments) of $317,207.
Funding: 2019-2020 Education Fund Budget
Recommendation: It is recommended that the Board of Education approve the renewal with SELF in the amount of $323,554.
Approvals:
Recommended By:
Signed By:
Bill Farley - Assist. Superintendent
Signed By:
Jeff Schuler - Superintendent
Vote Results:

Original Motion
Member Susan Booton Moved, Member Ginna Ericksen seconded to approve the Original motion 'It is recommended that the Board of Education approve the renewal with SELF in the amount of $323,554.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0 Abstain: 1.
The motion Carried 5 - 0
   
Brad Paulsen     Yes
Jim Mathieson     Abstain
Rob Hanlon     Yes
Ginna Ericksen     Yes
Susan Booton     Yes
Dave Long     Yes