Liability reserve for claims coverage
Spencer-Van Etten Central School DistrictNew York- Detected
- Oct 8, 2026
- 20 days ago
- Sector
- Insurance
- Est. value
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From the meeting
The district projected the Liability Reserve at $405,750 for FY 2026-27 and noted that annual contributions are limited by law. The report says the reserve is for liability claims and that the Board may approve resolutions during the year to spend from it. No budgetary appropriation is planned from the reserve itself.
This is a risk-management funding signal with potential future claim-related spending.
- Meeting date
- October 8, 2026
- Agency
- Spencer-Van Etten Central School District
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