301 Budget Blueprint: Part 8

Home » News » District » 301 Budget Blueprint: Part 8

📰 301 Budget Blueprint: Guarding Our Schools — Tort Fund (Fund 80)

In our final entry of the 301 Budget Blueprint series, we’re highlighting the Tort Fund (Fund 80) — a fund designed to reduce risk and ensure we’re protected when it matters most.

This fund doesn’t fund classrooms, books, or buses — but it’s essential. It supports the systems that help Central 301 operate securely and with confidence.

What Does the Tort Fund Cover?

  • Insurance coverage for property and casualty
  • Workers’ compensation
  • Unemployment costs
  • Legal fees associated with the protection and operation of the district

Where Does the Money Come From?

  • Local tax levy
  • Interest income

By maintaining a healthy Tort Fund, we ensure that any legal or liability issue that may arise doesn’t impact our ability to educate students or support staff. It’s a proactive approach to financial responsibility.

➡️ Follow us to stay informed on all Central 301 updates:

#WeAreCentral 🚀