The entry of another insurance company bidding for the business of school corporations will likely save money for the Hamilton Southeastern (HSE) Schools.  The district’s insurance broker told the school board Finance Committee Tuesday morning that Church Mutual is now entering the Indiana school market.  In the past, only Liberty Mutual has offered property and casualty insurance coverage for school corporations in our area.  Assistant Superintendent of Operations Bryan Rausch told the committee this would likely save HSE schools $50,000 in next contract.

In other items before the committee:

–Chief Financial Officer Tim Brown is recommending the board purchase an enhanced financial software package.  The cost will go from $290,000 a year to $327,000, but the new software will contain additional features.  Brown said the transition should be seamless because the same vendor is delivering the product.  He also negotiated the cost down to the $327,000 number from a much higher initial quote.

–The Finance Committee may move the meeting date.  In the past, the panel met the day before a scheduled board meeting.  Tim Brown asked that the committee meet the Thursday before the Wednesday session the following week.  Board members Dawn Lang and Ben Orr seemed to agree with the proposed change.