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Updated Insurance Composite Rate

TO:
All Administrators and All Financial Administrative Assistants

FROM:
John Larsen, Business Administrator
Dan Ellis, Director of Accounting
Bonnie Brennan, Director of Insurance Services


For fiscal year 2027 the insurance composite rate will be increasing to $17,652 annually or $1,471 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.

Additionally, for fiscal year 2027 the industrial insurance rate will be increasing to 0.2%.

If you have questions or need assistance, please call Dan Ellis at (801) 567-8389.

Thank you.

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