New base funding rate effective July 1, 2023

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New base funding rate effective July 1, 2023

The new employer base funding rate changes from $1,130 to $1,145 per employee per month on July 1 for fiscal year 2023 - 2024. The employer base funding rate is the rate the employer pays each month for each eligible employee. The new rate is effective from July 1, 2023 through June 30, 2024.

The rate letter is available in the Rates page of the BA website.

Note: Rates for school board members of K-12 school districts do not change until January 1.