THE CALIFORNIA STATE
OFFICE OF THE CHANCELLOR
400 Golden Shore Drive
Long Beach, California 90802-4275
Code: AD NOAT 95-15
Date: April 7, 1995
To: Financial Managers
From: George A. Pardon
Business and Finance
Subject: Fund 498 Higher Education Fees and Income - Revenue
Collections Applicable to
Reverted General Fund Appropriations
Effective July 1, 1994, the 1991/92 appropriation reverted. Fund 498 revenue
collections applicable to reverted General Fund appropriations will be
remitted to Fund 498 as current year revenue. Campuses will continue to
prepare a PFA requesting transfer of revenue collections from Fund 498 -
Higher Education Fees and Income to Fund 001 - General Fund Support.
Revenue collections are available for current year General Fund Support
expenditures. The 1994/95 Budget Act, Chapter 0139, Item 6610-001-498,
Provision 1 states, "All funds received in the Higher Education Fees and
Income, CSU Fund, which are in excess of the amount appropriated in this
item are hereby appropriated in augmentation of this item".
To facilitate the recording of assets and liabilities for revenue collections
from applicable General Fund reverted appropriations (1991/92), the
following global accounts were established in Fund 498:
Description Global Campus Range
General Ledger 0-10515 0-10531 to 0-10699
Subsidiary Ledger 1-00515 1-00531 to 1-00699
Campuses are to transfer any 1991/92 balances recorded in other general
ledger accounts (i.e. 0-10004) to the above general ledger account. To
reconcile with the SCO, revenue collections should be recorded using
the new sub-ledger account.
The new globals will be added to the pre edit table on April 10, 1995 under
level/version 84. Execute the edit table tieline and AM400 attribute updates
before creating the new accounts.
If you have any questions, please contact Mr. Fyle Cabagnot at (310) 985-2889.
GAP:FC:df:ADNOAT 95-15 Fund 498RevertApp