| | | | | | | | Spotsylvania County
Board of Supervisors Agenda
Executive Summary |
| | | | | | | | Meeting Date:
| February 13, 2018 |
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| | | | | | | | Title:
| Budget Adjustment and Appropriation of Insurance Funds Stemming from Fire/Rescue Vehicle Insurance Claim |
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| | | | | | | | Agenda Title:
| Budget Adjustment and Appropriation of Insurance Funds Stemming from Fire/Rescue Vehicle Insurance Claim |
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| | | | | | | | Recommendation:
| Staff recommends the appropriation of insurance claim funds which were received for two (2) insurance claims. |
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| | | | | | | | Summary:
| An insurance claim was made due to damage to Medic 5-2 after it struck a bollard at the fueling station at Quarles. The claim, totaling $4,270.76, was made to the insurance company and approved for coverage, less a $250 deductible.
An insurance claim was made due to damage to the bay door at Station 8. The claim, totaling $2,475, was made to the insurance company and approved for coverage, less a $250 deductible.
The money from these insurance claims will cover the cost of repairs. |
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| | | | | | | | Committee/Commission Summary:
| Finance Committee |
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| | | | | | | | Review Date:
| January 18, 2018 |
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| | | | | | | | Financial Impact:
| Increase Insurance Reimbursement Revenue - $6,246
Increase FREMS Auto Repairs & Maintenance - $6,246 |
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| | | | | | | | Staff Contacts:
| James M. Cullinan, III, Fire Chief |
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| | | | | | | | Consequence of Denial/Inaction:
| If the insurance claim funds are not appropriated to FREM’s operating budget, the line for Auto Repairs & Maintenance will reflect a negative balance. |
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