The deadline this month to submit deposits to the Finance Department is today, February 27 at noon. As a reminder, transactions should not be held pending deposit. It is necessary to submit those funds and deposit slips to the Finance Department on a daily basis if required. If you have questions, please contact Elyse Calhoun at ext 62204 or Robin Ackman at ext 62762. Thank you.

Message from Accounts Payable: Per the IRS, effective Jan. 1, the 2014 Standard Mileage Rate is 56 cents per mile. This is a decrease of one half cent from the 2013 rate.

The link to the IRS site is:

http://www.irs.gov/2014-Standard-Mileage-Rates-for-Business,-Medical-and-Moving-Announced

A reminder that the cut-off date to turn in expenditures to the Finance Department for payment is this Friday, Dec, 13, 2013.  This will be the last check mailing until Jan. 17, 2014 (for which expenditures are due Jan. 13).

Please check your date stamps to ensure that 2013 is not the last year on your stamp. If you need a date band replacement, contact Holly Walton in Purchasing at holly.walton@llcc.edu or 6-2260.

When bringing deposits to the Finance Department, please either give them to Elyse Calhoun or Robin Ackman. If neither Elyse nor Robin is available, please hand the deposit to another Finance Department employee and it will be locked up for safe keeping. Please do not leave deposits at unattended desks or offices within the Finance Department.

Thank you – Student Accounts, Finance Department

IMPORTANT PAYROLL NOTICE: Monday, Oct. 14 is a federal holiday and is not a banking business day. Therefore, the payroll direct deposits for the Oct. 15 pay period will be credited on Tuesday, Oct. 15. Please contact Cheryl Sneed if you have any questions.

After a review of cash handling procedures, the Finance Department has determined that the Registration Services area will discontinue the practice of cashing checks for students and employees. This is effective immediately. An ATM is provided on the lower level of Menard Hall near Subway.

Over the last several months, the Budget Office and the Business Office have been working together to combine their efforts into one department. Now that the reorganization is complete, it was apparent a new name for the department was needed. Therefore, the Finance Department was created. During the reorganization process, we focused on creating teams. These teams are listed below along with some of their respective responsibilities.

 Budget and Fiscal Team, led by Rachel Patarozzi

Includes: Budget, Purchasing, Grants and Inventory

Disbursements Team, led by Cheryl Sneed

Includes: Payroll and Accounts Payable

 Student Accounts Team, led by Robin Ackman

Includes: Payment Plans, Refunds, Collections and Student Issues

Campus Services Team, led by Andrew Blaylock

Includes: Bookstore, Receiving, Duplicating and Food Services