[SchoolFinance] New Paid Family & Medical Leave - budget strategy?

[Kate Bolton]

I was on that webinar, it was really frustrating to have no answers given.
I appreciate that they have their process, but the timeline to actually get
those answers and be able to implement them effectively is way too short.

:) Kate

Kate Bolton
(she/her/hers and here's why <https://www.mypronouns.org/what-and-why/>)
Director of Business & Finance
Scarborough Public Schools
Tel: 207-730-4114



On Fri, Jan 26, 2024 at 8:50 AM Heather Reale <hreale at wocsd.org> wrote:

> I have not heard that they have one yet. Did anyone attend last night? I
> did. I did not realize that they were not going to answer any questions,
> that it was just soliciting questions to then pass onto the MDOL.
> *Heather A. Reale*
> Interim Director of Finance
> Wells-Ogunquit Community School District
> hreale at wocsd.org
> 207-641-6909
>
>
> On Fri, Jan 26, 2024 at 7:32 AM Melannie Keister <mekeister at msad54.org>
> wrote:
>
>> Hello,
>> Is there an object code for this yet?
>> Thank you
>>
>> Get Outlook for iOS <https://aka.ms/o0ukef>
>> ------------------------------
>> *From:* SchoolFinance <schoolfinance-bounces at maillist.informe.org> on
>> behalf of Batista, Ida <Ida.Batista at maine.gov>
>> *Sent:* Wednesday, January 3, 2024 3:54:47 PM
>> *To:* Moderated information sharing for school business managers <
>> schoolfinance at maillist.informe.org>
>> *Subject:* Re: [SchoolFinance] New Paid Family & Medical Leave - budget
>> strategy?
>>
>>
>> *CAUTION:* This email originated from a *Source Outside MSAD54*.org.
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>> Hello,
>>
>>
>>
>> We are looking into the coding needs of this new law.
>>
>>
>>
>> Stay tuned!!!
>>
>>
>>
>> Best,
>>
>> Ida
>>
>>
>>
>> Ida Batista
>>
>>
>>
>> ________________________________________
>>
>> *Ida Batista*
>>
>> School Finance Manager
>>
>> Maine Department of Education
>> 23 State House Station
>> Augusta, Maine 04333-0023
>> *Email**: **Ida.Batista at maine.gov <Ida.Batista at maine.gov>*
>> *Phone*: 207-624-6795
>>
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>> *From:* SchoolFinance <schoolfinance-bounces at maillist.informe.org> *On
>> Behalf Of *Lisa Harkin
>> *Sent:* Wednesday, January 3, 2024 3:38 PM
>> *To:* Moderated information sharing for school business managers <
>> schoolfinance at maillist.informe.org>
>> *Subject:* Re: [SchoolFinance] New Paid Family & Medical Leave - budget
>> strategy?
>>
>>
>>
>> *EXTERNAL: This email originated from outside of the State of Maine Mail
>> System. Do not click links or open attachments unless you recognize the
>> sender and know the content is safe.*
>>
>> .5% from Jan-June.
>>
>>
>>
>> But I need a line/object to book it to.  Do you think the DOE will come
>> up with one in time, if needed?
>>
>>
>>
>> On Wed, Jan 3, 2024 at 3:33 PM Adam Hanson <
>> ahanson at lewistonpublicschools.org> wrote:
>>
>> Hi Kate,
>>
>> I will be discussing this with the superintendent next week, but my
>> initial plan is to do exactly what you're doing and budget the full 1% as
>> worst-case scenario.
>>
>>
>>
>> On Wed, Jan 3, 2024 at 3:11 PM Kate Bolton <
>> kbolton at scarboroughschools.org> wrote:
>>
>> Hi all, happy New Year!
>>
>>
>>
>> Wondering whether you plan to budget for the new payroll tax for Paid
>> Family & Medical Leave in your districts and how you will estimate it...
>>
>>
>>
>> The language of the budget bill says that a total of 1% of all wages must
>> be collected as payroll premiums, and that up to 50% of the required
>> premium may be deducted from the employee's wages. Knowing that DOL
>> rulemaking will be going on at the same time we are all preparing to
>> present our budgets, I'm tempted to prepare for the worst and budget the
>> full 1% based on a January 1, 2025 start date, as I would much rather be
>> able to reduce my cost estimates for second reading than have to add to
>> them.
>>
>>
>>
>> What are y'all thinking? Will you use 0.5% as the employer share? Budget
>> the full 1%? Roll the dice and leave it out of your projections?
>>
>>
>>
>> Thanks!
>>
>>
>>
>> :) Kate
>>
>>
>> Kate Bolton
>>
>> (she/her/hers and here's why <https://www.mypronouns.org/what-and-why/>)
>>
>> Director of Business & Finance
>>
>> Scarborough Public Schools
>>
>> Tel: 207-730-4114
>>
>>
>>
>> _______________________________________________
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>>
>>
>>
>> --
>>
>> Adam Hanson
>>
>> Controller
>>
>> Lewiston Public Schools
>>
>> 36 Oak Street
>>
>> Lewiston, ME 04240
>>
>> Phone: (207) 795-4100, ext. 4051
>>
>> Fax: (207) 795-4177
>>
>>
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>> --
>>
>> Lisa Harkin
>>
>> 207-651-3407
>>
>> Finance Manager
>> _______________________________________________
>> SchoolFinance mailing list
>> SchoolFinance at maillist.informe.org
>> http://maillist.informe.org/mailman/listinfo/schoolfinance
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