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.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
