Craig City School District Business Manager Report 2026-05-27
CCSD Continues Receiving Payments from Former Insurance Carrier APEI
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Description
Craig City School District continues to receive annual capital distribution payments from APEI, the district's previous insurance carrier, as part of a five-year, post-merger payout. This year's payment is $4,462, bringing ongoing insurance-related revenue for the district.
Contract Details
Contract Amount
$7,606.00 (last year), $4,462.00 (this year)
Vendor
APEI
Agency
Craig City School District, AK
Contract Type
INSURANCE
Document Date
May 27, 2026
Contract Term
five years
Renewal Date
2029-05-27
Renewal Info
Five-year distribution of capital funds to former APEI members after merger with AMLJIA; annual payments expected for the next three years.
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