7:04 - OTHER SOURCES OF REVENUE

The primary source of funding for the Louisiana School Boards Association is membership dues. However, other sources of funding may include:

7:041 - Registration fees from conferences, training programs, etc.

7:042 - Sales of advertising and exhibit space during the LSBA Annual Convention and the donations of Corporate Affiliate Program (CAPs).

7:043 – Speaker/Presenter Fees

7:044 - Sales of advertising and subscriptions to publications.

7:045 - Policy services, i.e., sale of legal reference manual, policy update service, policy manual revision.

7:046 - Contracts with school boards to conduct superintendent searches.

7:047 - Grants from governmental or non-governmental sources.

7:048 – Leasing of excess office and parking space.

7:049 – Investment of LSBA funds.

7:050 - Other activities which may be approved by the LSBA Board of Directors.

7:05 - INVESTMENTS

It is the policy of the Louisiana School Boards Association to maximize earnings through the investment of idle funds. Funds may be invested by the Executive Director in Bank Certificates of Deposit, Direct Obligations of the U.S. Government, and/or as a participant in the Louisiana Asset Management Pool (LAMP).

7:06 - CONTRACTS

All contracts shall be executed on behalf of the Louisiana School Boards Association by the Executive Director.

7:07 - INSURANCE
7:071 - GROUP INSURANCE

LSBA will make available group health and life insurance programs for eligible employees. Such employees may participate in the East Baton Rouge Parish School Board's group insurance program. LSBA will pay the health insurance premiums for Employee Only coverage, and the employee may elect to cover eligible dependents, and pay for such coverage through payroll deduction. LSBA will pay the life insurance premiums for Basic coverage, and the employee may elect to purchase any additional coverage for which he/she is eligible, and pay the premiums through payroll deduction.

Employees who have group health insurance as a retiree through a former employer, or an employee who is covered under a plan through the employer of his/her spouse shall be reimbursed by LSBA an amount equal to the Employee Only coverage that would have otherwise been paid to the East Baton Rouge Parish School Board. Written evidence of such other group health insurance coverage shall be provided prior to any reimbursement.

Employees who retire from the LSBA after twenty (20) years of LSBA service will continue to be provided with hospitalization, life, and dental insurance at LSBA expense. (Reference policy adopted by LSBA Board of Directors December 9, 1986.)

7:072 - UNEMPLOYMENT COMPENSATION

All LSBA employees will be subject to the provisions of the Louisiana Unemployment Compensation laws.

7:073 - WORKERS' COMPENSATION

Workers' Compensation insurance coverage will be provided for all LSBA employees.

7:074 – DISABILITY INSURANCE

LSBA will provide disability insurance on all its employees with limits set by the Board of Directors.

7:075 - LIABILITY INSURANCE

LSBA will maintain a General Liability policy to protect the Association and its officers, directors, and employees. LSBA will also maintain a Special Events Liability policy to cover events away from the LSBA office. The Special Events coverage will include a Host Liquor clause to protect the Association when alcoholic beverages are served in connection with an LSBA sponsored activity.

7:076 - PROPERTY INSURANCE

LSBA will maintain fire and extended insurance coverage to protect its building and contents. The amount of coverage will be determined by the Executive Director.

7:077 – OFFICERS AND DIRECTORS LIABILITY INSURANCE

LSBA will maintain Officers and Directors Liability Insurance coverage to protect against liability claims resulting from Errors or Omissions by any member of the Executive Committee or Board of Directors.

7:078 - AUTOMOBILE INSURANCE

LSBA will maintain insurance coverage on the Association owned automobile. The policy will include liability coverage in accordance with State Law, with limits determined by the Executive Director. The Executive Director will also determine other coverages, such as collision and comprehensive, as well as deductibles which are to be included in the policy.

7:08 - TRAVEL GUIDELINES AND EXPENSE REIMBURSEMENTS

7:081 – GENERAL REIMBURSEMENT

Reimbursable expenses are limited to those that are actually and necessarily incurred in connection with LSBA business, and which are reasonable in amount under the circumstances. Receipts for major expenditures must be attached to the expense voucher.

In determining the most cost effective method of transportation, factors to be considered include the length of travel time, cost of traveling by vehicle, and the cost and availability of common carrier services. Travelers should arrange for the most economical airfare available, under the circumstances existing at the time. Mileage will be reimbursed at a rate established by the Board of Directors.

7:082 – OFFICERS AND DIRECTORS REIMBURSEMENT

LSBA will reimburse its President for all reasonable and appropriate travel expenses incurred in performing the duties of the office. This includes attending meetings, conventions and conferences sponsored by LSBA, as well as those sponsored by other educational or related organizations both within and outside the state.

Other officers and directors will be reimbursed for their expenses when attending meetings, conferences, and conventions in Louisiana called by the LSBA President, when such attendance is reasonably expected as part of the fulfillment of their official duties as an officer or director of LSBA. This includes executive committee and board of directors meetings, but does not include meetings, conferences, workshops or conventions where attendance is presumed to be more closely related to the duties of a local school board member. In such instances, the expenses are expected to be reimbursed by the local school board.

Travel expenses for trips outside the state will be reimbursed by LSBA for the President only when such trips have been previously approved by the Executive Director. Such trips include, but are not limited to, NSBA Convention, National Leadership Conference, Southern Region Conference, the Federal Relations Network Conference and other meetings where the presence of the LSBA President is required.

LSBA will reimburse members of LSBA committees for all reasonable and appropriate travel expenses incurred while attending duly called meetings of the committee. The chairperson of each committee will confer with the LSBA President and Executive Director prior to calling meetings of the committee.

7:083 - EMPLOYEES

All travel by LSBA employees must be authorized and approved by the Executive Director. All claims for reimbursement shall be submitted on an expense voucher provided by LSBA and shall include all details required on the voucher. The voucher must be signed by the employee and approved by the Executive Director.

7:084 - PERSONALLY OWNED VEHICLES

A mileage allowance shall be authorized for travelers approved to use personally owned vehicles while conducting LSBA business. The mileage allowance shall be that established by the Louisiana School Boards Association. Parking fees will be reimbursed when accompanied by a receipt or a note when receipts are not available.

7:085 - LODGING AND MEALS

Travelers may be paid a meal allowance during business travel when accompanied with meal receipts not to exceed the daily rate established by the Board of Directors.

Reimbursement for lodging shall be at the single room rate, unless otherwise authorized by the Executive Director.

7:086 - INCIDENTAL EXPENSES