Nancy Landon, Budget and Finance Administrator for the Boise School District, gets a lot of mail but nothing like the envelope that crossed her desk in March.
"It was crazy," she said. "You know how you get those fake checks in the mail all the time? I wish you could have seen this particular check. It was teeny, and the only thing it said was 'CDA Dairy Queen vs. ISIF.'"
It's a good thing Landon didn't toss the check. Not only wasn't it fake, it was for $419,000, payable to the Independent School District of Boise City.
"We went to a website, researched it and lo and behold, it's very real," said Landon.
A Dairy Queen in Coeur d'Alene had sued the Idaho State Insurance Fund, alleging the fund had not properly calculated or distributed its dividends between July 1, 2002 and May 5, 2009.
"And they prevailed in that lawsuit. I think they ended up winning $35 million," said Landon.
More importantly an Idaho District Court ordered proper dividends to be distributed to members of the fund.
"And yes, our worker's comp insurance is paid to the State Insurance Fund," Landon confirmed. "They had to send dividends out to everyone who had a policy in those years and most of the school districts received money." That included a $419,000 windfall to the Boise School District.
Landon said as soon as she confirmed the validity of the check, it was deposited into the school district's general fund and she was next turning to the district's Board of Trustees for permission to transfer the fund the plant facility account.
"We're in need of doing some facilities maintenance work," said Landon. "This will definitely help pay for some of that maintenance."