Item Coversheet

Santa Rosa County District Schools


Submitted By:Pam Smith, Risk Manager


Human Resources
Action Agenda

Title of Item:FSBIT Insurance Renewal
Description/Introduction:Recommend Approval
Recommendation/Action Requested:Renewal of annual costs for Liability, Property and Casualty lines of coverage.  FSBIT premium increase from 2016-2017 is $21,185.00 for 2017-2018.  See attached letter for details regarding increase.  FSBIT total renewal is $2,041,660.00. Flood Insurance is $15,769.00 and Storage Tank Insurance is $16,840.00. 


Financial Impact:
A-Funds required from School Board?Yes
B-Amount requiredTotal for all lines of coverage is $2,074,269.00.
C-Grant/Project Synopsis attached?No
D-Date Grant/Project Reviewed/Approved by Accountant:


Legal Review
Does item require legal review?No
If Yes, Approval Date

REVIEWERS:
ReviewerActionDate
AnswererApproved6/15/2017 - 9:51 AM
Carnley, ConniApproved6/15/2017 - 9:59 AM
ATTACHMENTS:
DescriptionUpload DateType
Insurance Coverage details6/12/2017Cover Memo