| To | Management Council Members, VPs of Finance, and Business Managers |
| From | Shared Services Center |
| Area | Time, Labor, and Absence Management (TLAM) |
| Reason | Leave Liability Report Preparation |
| Date | June 18, 2025 |
Annually, in preparation for the Fiscal Year-End process, the SSC will publish the initial draft of your agency's Leave Liability Report to each college folder on SharePoint on July 1st.
At present, System Office Finance, ITS, and SSC TLAM are collaborating to update the current Leave Liability Report to comply with the new GASB101 financial standards. Due to the additions and complexity of the new report, our testing phase is taking longer than anticipated. We aim to finalize and have the report ready by July 1st, and we will be hosting calls during the week of July 7th to review the changes with you.
We will keep you informed of our progress over the coming weeks.
Please distribute this information to all appropriate parties.
If you have any questions, please contact us at SSCHTO_HRMS@ssc.vccs.edu.
