Author Archives: Finance Support

January 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 January 2022 payroll must be received by FinanceConnect no later than Tuesday, January 18th 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 January payroll cycle.

Important Reminders:

  • For faculty who are on release time, please review the Reimbursed Time Authorizations guidelines.
  • Payroll expenditures for Fiscal Year 2021/22 will reflect regular/negative pay for the months of July 2021 through June 2022; positive pay salary expenditures (e.g. student salary and overtime) will represent the months of June 2021 through May 2022. Positive pay for Fiscal Year 2022/23 will reflect expenditures for the twelve month period of June 2022 through May 2023.

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.

2022 Mileage Reimbursement Rate

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 January 1, 2022:

  • The standard mileage rate increased from 56 cents per mile to 58.5 cents per mile.
  • Miles driven for moving purposes will be reimbursed at 18 cents per mile, increased from 16 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.