Policy No: 3005
It shall be the policy of the NCSIG to follow the budget preparation/adoption time line as listed below.
|
MONTH |
ACTIVITY |
RESPONSIBILITIES |
|
March – April |
Review Actuarial Study |
Finance Committee |
|
April |
Review of Actuarial Study and the setting of preliminary rates and budget |
Finance Committee |
|
April – May |
Review of Finance Committee recommendation of rates and budget. Make recommendation to Commission. |
Board of Directors |
|
May |
Adopt rates and budget. |
Commission |
First Reading: May 18, 1996
Adopted: Sept. 18, 1996
Workers Compensation 
Property & Liability