Personal Property Loss Fund. The Board agrees to maintain a Personal Property Loss Fund of $10,000. Guidelines for utilization of the fund shall be in compliance with Board Policies governing such expenditure of funds. Loss or damage to personal property (exclusive of personal vehicle, cash, and tools) during the regular working day is to be covered. The parties further agree to establish, jointly, guidelines for the administration of the Personal Property Loss Fund.
Personal Property Loss Fund. A. The BOARD agrees to establish a fund of $500.00 to be used in settling claims of teachers for loss or damage to their personal property brought to their work location to be used in their work assignment, if prior written notification has been given to the administrator, or if it is required in a teacher's assignment.
Personal Property Loss Fund. The Board agrees to allocate to a Personal Property Loss Fund the amount of $9,000 per fiscal year. Guidelines for utilization of the fund shall be in compliance with Board Rules governing such expenditure of funds. Loss or damage to personal property (exclusive of cash) during the regular working day is to be covered. A claim for damage to a personal vehicle must be accompanied by a police report and the incident must have taken place adjacent to or on School Board property while the employee was on official M-DCPS business. Claims for loss or damage to personal property must be submitted within 30 working days of occurrence. Reimbursement for loss or damage to personal property referenced above shall be in the amount of documented actual replacement cost provided, however, such reimbursement shall not exceed the amount of $500.00 per claim. This amount becomes effective following School Board ratification of the 2006-2009 Successor Labor Contract (February 14, 2007) and covers loss or damage to personal property which occur following the ratification date.
Personal Property Loss Fund. The Board agrees to allocate to a Personal Property Loss Fund the amount of $6,000 per fiscal year. Guidelines for utilization of the fund shall be in compliance with Board Policies governing such expenditure of funds. Loss or damage to personal property (exclusive of personal vehicle and cash) during working hours is to be covered. The parties further agree to establish, jointly, guidelines for the administration of the Personal Property Loss Fund. Reimbursement for stolen or damaged personal property shall be in the amount of documented actual replacement cost provided, however, that such reimbursement shall not exceed the amount of $400.00 per claim per employee each fiscal year. This contract provision is effective upon ratification (December 10, 2014).
Personal Property Loss Fund. The Board agrees to allocate to a Personal Property Loss Fund the amount of $6,000 per fiscal year. Guidelines for utilization of the fund shall be in compliance with Board Rules governing such expenditure of funds. Loss or damage to personal property (exclusive of personal vehicle, cash, and tools) during the regular working day is to be covered. The parties further agree to establish, jointly, guidelines for the administration of the Personal Property Loss Fund. Reimbursement for stolen or damaged personal property shall be in the amount of documented actual replacement cost provided, however, that such reimbursement shall not exceed the amount of $300.00 per claim.
Personal Property Loss Fund. The Board agrees to allocate to a Personal Property Loss Fund the amount of $9,000 per f iscal year. Guidelines for utilization of the fund shall be in compliance w ith Board Rules governing such expenditure of funds. Loss or damage to personal property (exclusive of cash) during the regular w orking day is to be covered. A claim for damage to a personal vehicle must be accompanied by a police report and the incident must have taken place adjacent to or on School Board property w xxxx the employee w as on official M-DCPS business. Claims for loss or damage to personal property must be submit xxx w ithin 30 w orking days of occurrence. Reimbursement for loss or damage to personal property referenced above shall be in the amount of documented actual replacement cost provided, how ever, such reimbursement shall not exceed the amount of $500.00 per claim. This amount becomes effective follow ing School Board ratification of the 2006 -2009 Successor Labor Contract (February 14, 2007) and covers loss or damage to personal property w hich occur follow ing the ratification date.
