The rate increase for next year's member assessments, covering database access from July 1, 2017 - June 30, 2018, has been approved as 5% rather than the 7.5% under consideration last fall. This rate will be in effect for one year while the Funding Work Group works on a revised funding formula to be implemented the following year.
No F2018 payments are due at this time; invoices, when sent, will be due in July. This post is simply to give maximum notice for budgeting purposes.
Please email KYVL@ky.gov or call 844.400.5985 to request your institution's F2018 assessment amount.