July LCD Processing

To personnel with Labor Cost Distribution (LCD) responsibilities, this is the monthly reminder to confirm your salary information by running your LCD Setup Audit.

Any changes to the distribution of funding for payroll expenses that you would like made for July 2022 payroll must be received by FinanceConnect no later than Thursday, July 14th at 5:00 p.m.

For temporary appointment funding changes, all requests can be emailed directly to FinanceConnect at financeconnect@sjsu.edu .

We cannot guarantee that requests for changes received after the deadline will be captured for the July payroll cycle.

Important Reminders:

  • For faculty who are on release time, please review the Reimbursed Time Authorizations guidelines.
  • Payroll expenditures for Fiscal Year 2022/23 will reflect regular/negative pay for the months of July 2022 through June 2023; positive pay salary expenditures (e.g. student salary and overtime) will represent the months of June 2022 through May 2023. Positive pay for Fiscal Year 2023/24 will reflect expenditures for the twelve month period of June 2023 through May 2024.

Please refer to Labor Cost Distribution for information regarding the LCD process and Temporary Appointment Funding Changes for instructions on completing the Employee Profile form. If you have any questions about LCD processing, please contact FinanceConnect at financeconnect@sjsu.edu or 4-1558.

Planned USPS Postal Rate Change

Please be advised that the United States Postal Service (USPS) has filed notice with the Postal Regulatory Commission of price changes to take effect July 10, 2022.  The new prices, if favorably reviewed and approved by the Governors of the U.S Postal Service are shown below.

Product

Previous Price

New Price

DOMESTIC

  Letters (First-Class, stamped, up to 1 oz.)+

58 ¢

60 ¢

  Letters (First-Class, metered, up to 1 oz.)

53 ¢

57 ¢

  Letters (each additional oz., up to 3.5 oz.)

20 ¢

24 ¢

  Postcards (First-Class, stamped)+

40 ¢

44 ¢

INTERNATIONAL

  Letters & Postcards (up to 1 oz.)

$1.30

$1.40

  Cost for additional weight varies per destination

Varies

Varies

+ Provided as general information; Distribution Services does not use stamps

For your reference:

USPS Price List – Notice 123

If you have any questions, please contact the Distribution Services Interim Manager, Phil Perez, at (408) 924-1594.

Mileage Reimbursement Rate Effective July 1, 2022

The CSU adjusted its mileage reimbursement rates to reflect the new IRS rates. The mileage rate changes are as follows and apply to business travel occurring on or after July 1, 2022:

  • The standard mileage rate has increased to 62.5 cents per mile for
    business travel, an increase from 58.5 cents per mile.
  • Miles driven for moving purposes will be reimbursed at 22 cents per mile, increased from 18 cents per mile.

The FTS Travel module reflects the standard mileage rate appropriate to the date(s) the mileage was incurred. If you have any questions, please contact FinanceConnect at ext. 4-1558 or financeconnect@sjsu.edu.