DEPARTMENT of EDUCATION
Feature Image
Printer Friendly Version

Loss and damage/Debts written off

Loss and damage

In providing its services, there is potential for claims to be lodged against the agency, and facilities may be subject to loss and damage due to many different causes. The Tasmanian Risk Management Fund (TRMF) is the department’s insuring agent, with the department covered by the Fund against financial losses arising from all types of events.

Under the department’s asset management policy, responsibility for the management of facilities is devolved to individual site managers who are well positioned to identify and manage priorities in a cost-effective manner.

The following is a summary of claims lodged with the Tasmanian Risk Management Fund in 2005-06:

Item Number of claims Total value of claims $
Property 7 881,008
Legal liability 5 103,612
Motor vehicle 15 12,569
Personal accident (for volunteers and students engaged in workplace learning activities) 1 5,000
Transit/removal 1 937
Total 29 1,003,126

Property protection scheme

The department operates the Property Protection Scheme, a self-funded pool that provides financial assistance to schools and colleges for loss of and damage to facilities and contents.

The following table is a summary of claims for 2005-06:

Number of claims lodged 601
Total value of claims $823,397
Highest valued claim $51,684
Number of schools lodging claims 137
Average cost per claim $1,370

Debts written off

Category Number of debts Amount $
Minor debts up to $50 151 3,508.66
Minor debts between $50 and $500 33 5,605.16
Debts over $500 13 62,632.50
Sub-total 197 71,746.32
School debt write-offs 153,555.30
Total 225,301.62