Faculty Association Dues (Mil Rate): As per the results of the Mil Rate Proposal* vote this past April where 82.2% of Members who voted approved a Mil Rate (MR) increase, the Association hereby gives notice that the MR will go from 5 to 8 as of July 1, 2018. The new MR will be reflected in your July 15, 2018 pay.
|Faculty Association Mil Rate|
|Fiscal Year (July 1 – June 30)||Mil Rate|
|2017-2018||5.0 – Current MR
= 0.5% per payroll
|2018-2019||8.0 – New MR as of July 1, 2018
= 0.8% per payroll
*The ratified Mil Rate Proposal will see the MR increase from 5 to 8 for three years and then go down to 6 on July 1, 2021. The MR may be adjusted down to 6 sooner if the target Legal Reserve Fund of $800,000 is reached prior to July 1, 2021.
CUFA-BC Dues: This notice is also to advise of a change to the CUFA-BC member dues rate**. Starting July 1, 2018, the new CUFA-BC dues rate will increase by $0.24 to $3.61 per payroll. The new dues rate will be reflected in your July 15, 2018 pay.
|CUFA-BC Per Member Dues Rates|
|Fiscal Year (July 1 – June 30)||Per Member Per Payroll|
|2017-2018||$3.37 – Old CUFA-BC Dues Rate|
|2018-2019||$3.61 – New CUFA-BC Dues Rate|
**Please note CUFA-BC dues rates are set by CUFA-BC and not the Association.
Please contact us directly at firstname.lastname@example.org or at 250-721-7208 with any questions.