Vandalism: ECAC-R
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Vandalism: ECAC-R
When a case of vandalism or theft is discovered, the administrator concerned shall do the following:
- Immediately notify the appropriate police authorities.
- During normal business hours, report the incident to the chief financial officer or his or her designee.
- File a written property loss report as soon as possible.
The chief financial officer shall:
- Notify the insurance carrier of the loss.
- Coordinate claims adjustment.
- If circumstances show that district property was properly safeguarded and if sufficient funds are budgeted, make available from the insurance reserve fund the deductible amount not covered by insurance.
- Coordinate replacement of lost/damaged property up to the amount of insurance reimbursement and deductible payment, if appropriate.
Approved April 29, 1980
Revised May 10, 1988
Revised September 13, 2011
Revised February 10, 2014