DATE:
May 19, 2025
TO:
All Administrators
All Financial Administrative Assistants
FROM:
John Larsen, Business Administrator
Daniel Ellis, Director of Accounting, Budgets and Audits
Bonnie Brennan, Director of Insurance Services
SUBJECT:
FY26 Updated Composite Rate
For fiscal year 2026 the insurance composite rate will be increasing to $16,332 annually or $1,361 per month. This rate represents the District’s portion of medical and life insurance premiums for an individual employee. Please ensure you are using this amount when forecasting personnel budget costs for next year.
If you have questions or need assistance, please call Dan Ellis at (801)567-8389.
Thank you.
