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Meeting Date:
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Category:
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Type:
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Subject:
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10.28 (Item 30) Withdrawal from the Schools Excess Liability Fund (SELF) Excess Liability Program effective July 1, 2010. |
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LCAP (Local Control Accountability Plan) Goal:
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Enclosure:
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File Attachment:
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Summary:
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The Mt. Diablo Unified School District (“District”) is required to give notice of withdrawal to SELF. A Board Resolution must be received by SELF by close of business on December 31, 2009. If the District decides to rejoin SELF, a New Member Excess Liability application must be completed before June 30, 2010. A three-year commitment to remain with SELF would apply if the District rejoins. Withdrawing from SELF will allow the District to seek alternative quotes. The Excess Liability policy increased 33.5% effective on July 1, 2009. |
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Funding:
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Recommendation
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Approve exemption as presented. |
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Approvals:
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Recommended By: |
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Signed By: |
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Greg Rolen, Esq. - General Counsel |
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Signed By: |
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Richard Nicoll - Interim Sup |
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