This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting.
Link to Full Meeting
In a recent special board meeting held on June 20, 2025, the Lansing USD 469 school board addressed critical issues surrounding the district's insurance coverage and the financial implications of aging infrastructure. The discussions highlighted the challenges the district faces with its current insurance provider, EMC, and the potential shift to a new insurance pool, Kicks.
The board learned that EMC, one of the largest insurers for schools in Kansas, has been withdrawing from insuring educational institutions, leading to increased premiums for the district. The proposed premium from EMC is over $600,000, while Kicks offers a premium of approximately $812,000. Despite the higher cost, the board is considering Kicks due to its more favorable terms, particularly regarding deductibles for roof damage, which could significantly impact the district's financial stability in the event of a major incident.
A significant factor driving up insurance costs is the age of the district's roofs, many of which are over 35 years old. EMC's policy changes mean that roofs older than 15 years are only covered at a prorated value, leaving the district vulnerable to substantial out-of-pocket expenses. The board discussed the potential need for a bond issue to address these infrastructure issues, but concerns were raised about the community's support for such measures.
Board members expressed the importance of having a contingency plan if the bond does not pass, suggesting that financing options for roof replacements should be explored. This reflects a broader concern about the district's financial health and the potential need for immediate action to prevent further increases in insurance costs.
In conclusion, the meeting underscored the urgency for the Lansing USD 469 school board to make informed decisions regarding insurance coverage and infrastructure maintenance. The board's recommendation to consider Kicks as a viable option aims to stabilize insurance costs while addressing the pressing need for roof repairs. As the district navigates these challenges, the outcome of future bond proposals will be crucial in determining its financial trajectory and ability to maintain safe learning environments for students.
Converted from USD 469 June 20 Special Board Meeting meeting on June 21, 2025
Link to Full Meeting