Our finance article this month is over everyone’s favorite necessary evil:. OPSRC does not endorse one insurance carrier over another; we are simply not in the insurance business. We don't have any kind of financial arrangement with any insurance group, investment group associated with the insurance business, sponsorship from an inter-local insurance group, and we don't intend to build such a relationship. We are neutral in this area of school finance by design.
We have members that belong to both inter-local insurance groups OSMRT and OSIG for the purposes of vehicle, building, liability and board insurance. We will not recommend one over the other, but we do believe strongly that close attention to all costs attached to a policy, including sponsorship costs, the net membership and the net available assets should be examined and is part of the due diligence of any purchase of this importance. To accomplish your due diligence prior to recommending an insurance purchase to your board, it would be a good idea to research the actual financials of the group, which can be found on the
OSMRT Financial Report
OSIG Financial Report
Before, during, and after the walkout, I talked to superintendents and school leaders about its legal and be, affected. It was fascinating to be in the school business during this time and to experience working with them through many issues none of us had yet encountered.
Congratulations on completing the 2017-2018 school year, and happy summer to you! We realize summers aren’t necessarily packed full with vacations and relaxing; it's the opposite in fact.
It’s news to no one that our public schools face enormous challenges in virtually every area of operations, including finances. Oklahoma education funding is one of the lowest in the nation and yet mandates remain, leaving schools without the proper resources to support them.