3530

Policy

Business

Fixed Charges

It is the intent of the board to provide within its budget for fixed charges which shall accrue as financial obligations to be met for the purposes of such pensions, life insurance programs, liability insurance coverage, property insurance, or employee bonds as are required by statute, board policy or board action.

In the purchase of pension plans, insurance plans, and employee bonds, other than those required by statute, it is the intent of the board to purchase in such a manner as to provide desired coverage and satisfactory service at the lowest possible cost to the district.

Legal Reference:R.R.S.

79-405 District; body corporate; powers; name.

79-610 Pupils; transportation; driver; liability; policy; conditions.

Adopted: October 4, 1983