Student insurance premiums drop

Insurance was on the minds of St. Mary Parish School Board members during their monthly meeting on Thursday in Centerville.

Members heard from Tom Hudson, who offered to renew the student accident policy; the accident loss ratio is 7 percent. The insurance company reduced the premium by 19 percent and that equates to just under $15,000 compared to last year.

Also, the board received its quarterly group health insurance premium-to-claims summary. In June 2011, the premium was $984,355, claims were $875,634 and the loss ratio was 88.96 percent.

There was a reduction of inpatient claims of about $1 million, a $500,000 reduction in outpatient claims and professional services and a slight increase in prescription drug claims.

The board went into executive session to discuss possible litigation associated with section 16 township 16 south range 12 east affecting mineral and surface issues.

“Pursuit of a trespass action against Dune Energy, and encompassed within that would be an action for unjust enrichment, also would be included negotiation for a possible resumption of a surface lease and other potential leases with Chevron. Another element would be a demand for further development, including the deep rights in the leaseholds that St. Mary Parish holds. Also would be included claims for property damage, boats, as plaintiff and the board as a potential defendant as claims by third parties for property damage. And also would be claims arising out of the 2011 flood,” Mike Perez said.

In other business:

—The Morgan City High School locker replacement project received four bids. The lowest bid for the project was $45,812 from Synergy Company in New Orleans.

—St. Mary Parish Government, in conjunction with the Shaw Group, has acquired funds to be used for building modifications intended to mitigate hurricane damages. They acquired funds for five different buildings in the parish, and the central office is one of the buildings. They set $130,000 for window film, reinforcing doors and roofing repairs. There is a 25 percent match for this program.

—The board approved IRS standard mileage rates from 51 cents a mile to 55 cents a mile.

—A school board tax renewal proposition will be on the Oct. 22. The 10-year, 11.18 tax renewal will generate $6.3 million. The tax was last renewed in 2001 with a 62 percent favorable vote.

Failure to approve this tax renewal is equivalent to salaries and benefits for 127 teachers, or roughly 18 per-cent of the current number of classroom teachers, according to Superintendent Don Aguillard.

—Final sales tax report for the year showed $17.685 million collected versus $14.86 million budgeted.

—Fiscal risk assessment included good business practices, fiscal management, auditing outcomes, balanced budgets and fund balances and major events.

—Food Service committee will meet on July 26 at 1 p.m.

—BJHS Beta Club was recognized for taking first place at state and going to nationals in Nashville, Tenn.

—The board appointed Cheryl Fromenthal school secretary at Wyandotte Elementary and Holly Provost school secretary at B.E. Boudreaux Middle School.

—The board will advertise for a school secretary at Raintree Elementary.

—The board approved a 90-day extension for IDEA special education and technology and a 90-day extension in the accounting department.

—The board tabled an act of exchange regarding property at Quintana Boat Landing between St. Mary Parish School Board and C&A Properties and amendment of lease between St. Mary Parish School Board and St. Mary Parish Council.

—The board passed a resolution of respect for Lillian Gertrude Hebert.

—A records retention policy as required by the state was introduced for consideration.

St. Mary Now & Franklin Banner-Tribune

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Morgan City Daily Review
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Phone: 985-384-8370
Fax: 985-384-4255

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