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Schools › School Board meeting of Jun 8, 2026

Approved the 2026-2027 property insurance renewal from APIP for $2,922,467, increasing coverage from $75M to $100M.

Approved Vote 3-0 $2,922,467

The vote: 3-0

Voted on as part of the consent agendaA group of routine items the Board votes on together with one motion. Any commissioner can pull an item out to discuss and vote on it separately. County Commission agendas (CivicClerk portal), one motion for several items (approval of consent agenda items 8.01 through 10.04).

From the School Board's official minutes.

Money, as the agenda lists it: $2,922,467 from Capital Fund Transfer

In plain words

A renewal of the school district's property insurance program for the 2026-2027 school year, covering buildings, contents, equipment, and other risks.

What changes The district will have property insurance coverage increased from $75M to $100M for the 2026-2027 school year.

Who and the money Applies to all Lake County Schools owned and leased buildings and property; costs $2,922,467 from Capital Fund Transfer.

Stated reason (staff, quoted): "This item supports Goal 3A of the District's Strategic Plan, improving the District's financial position through cost effective insurance programs."

Why (staff, quoted) "The Property Insurance program includes coverage for LCS owned and leased buildings, their contents, inland marine equipment, boilers/machinery, Terrorism, Crime, and Pollution."

Paid from Capital Fund Transfer

Written from the Board's minutes and the agenda item's staff text on BoardDocs, checked by script: every number appears in the record. Agenda on BoardDocs

From the record

Property Insurance Renewal 2026-2027

I recommend the Board approve the Property Insurance program from APIP for 2026-2027.
Lake County Schools agenda, Jun 8, 2026, item 8.12. Open the agenda on BoardDocs
The Board's minutes record this item as approved, by a vote of 3-0.
School Board minutes, Jun 8, 2026. Open the official document

The rest of this meeting

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