By TOM
YANCEY
Staff Writer
The Greene
County Commission's Insurance Committee was told Wednesday that the total value set on county
buildings and property, as of Sept. 12, is $184.6 million.
However, Dan
Jackson, a vice president at McInturff, Milligan & Brooks, an insurance agency, who is also the
county's insurance risk manager, said the list is still being
revised.
Jackson said department heads will begin receiving their own
lists this week, and will be asked to add any properties that are not included, and to discuss
anything they think is valued incorrectly.
The purpose of the listing is
to come up with appropriate replacement values.
In response to a question
from County Attorney Roger Woolsey, Jackson said the county office annex on Cutler Street, where the
meeting was taking place, is now valued at $1.81 million, and its replacement cost would average
$89.48 per square foot.
Jackson said that when he saw that figure, he did
not think it was high enough, and it will be revised. The building's contents are valued at
$416,000, he said, plus another $200,000 for computers.
Jackson said the
only individual piece of equipment the county owns that is now insured separately is the large
"Gradeall" rubber-tired grader at the Highway Department, valued at about $125,000. That policy has
a $50,000 deductible.
Woolsey said the Highway Department has several
dump trucks that cost $50,000 each. He asked if it would be sensible for the county to consider
individual insurance on expensive vehicles, rather than covering them with self-insurance, as at
present.
Jackson said the county government has catastrophic insurance
that would cover the biggest portion of a major loss that involved large numbers of trucks or school
buses, for example. Jackson said that the county has covered its equipment with self-insurance since
1988 and had a good record, so far.
County Sheriff Steve Burns pointed
out, however, that the deductible that departments have to pay when equipment is damaged keeps going
up, and this impacts departmental budgets.
He recalled that when one
patrol car wrecked into another patrol car, the $2,500 deductible the department was assessed for
each vehicle negatively impacted the department's budget.
"We are not
budgeted to make up the difference," Burns said, because the budget is so
tight.
Jackson said this and other subjects would be revisited as the
valuation goes forward. He also reported on the balance of the county government's self-insurance
fund that covers buildings and liability.
He said this fund had $955,000
available "on a cash basis" at the end of July last year, but as of July 31 of this year, that
balance had grown to $1.4 million. He said the main reason for the increase is that, last year, the
property tax levy that goes into the county's self-insurance fund was increased from 2 cents to 3.25
cents.
Jackson said this fund's progress means "we might be able to
survive another four or five years" at the current level of
funding.
Sheriff Burns' motion to approve Jackson's report was approved
unanimously.
Individual Claims Studied
The insurance committee met for several hours in closed session with the county
attorney present to discuss individual claims. When the open session resumed, the committee voted to
approve one claim.
In addition, Commissioner Clark Justis made a motion
to ask the county attorney to write a letter to all department heads, asking them to furnish a copy
of a pre-employment physical examinations, including a drug test, and a copy of a job description
for each new employee that is hired. Approval was unanimous.
At the
request of Budget Director David Lawing, the committee approved a motion that county department
heads are instructed to follow workers compensation policies "to the letter," effective Sept.
17.
Woolsey also said the insurance committee would recommend that the
Greene County Commission pass a resolution stating that employees should use accrued sick leave or
vacation leave for health-care claims that involve absences not in excess of 14 days, and that the
resolution allow employees to pay back into the state retirement system to cover all time off,
effective on the date of passage. Approval was unanimous.