The Saugerties Central School District held a special Board of Education meeting on June 30, 2025, focusing on critical insurance resolutions and financial matters. The meeting commenced with procedural discussions, including a motion to reconvene, which was unanimously approved.

A significant portion of the meeting was dedicated to the authorization of the establishment of an insurance reserve fund. This fund is intended to cover various costs associated with blocks, judgments, settlements, actions, and claims. The board discussed the importance of this reserve in managing risks related to workers' compensation, liability, and other insurance needs.

The board reviewed recommendations from the Risk Group regarding insurance coverage for the upcoming fiscal year. This included a detailed breakdown of various insurance policies, including property and liability coverage, with specific premiums outlined for each policy. The board emphasized the necessity of these coverages to ensure the district's financial stability and protection against potential liabilities.

In conclusion, the meeting underscored the board's commitment to prudent financial management and risk mitigation through the establishment of the insurance reserve fund. The board plans to continue monitoring these financial strategies to safeguard the district's resources effectively.