December 5, 1996 Code: AD NOAT 96-55
To: Financial Managers
From: George A. Pardon
Business and Finance
Dormitory Revenue Fund-Parking (580.262) and Building Maintenance
and Equipment Reserve Fund-Parking (575.202)
A financial review of the parking
program is being performed by Auxiliaries Planning and Bonds to
accurately determine the status of systemwide commitments and
funds. If excess funds are identified, a distribution could be
made to campuses. To facilitate this process we are requesting
that campuses remove all items in the Dormitory Revenue Fund-Parking
(580.262) and the Building Maintenance and Equipment Reserve Fund-Parking
(575.202) by January 31, 1997. Please do the following:
(1) Remit current year revenue in
the Dormitory Revenue Fund (DRF)-Parking (580.262) to the CSU
Parking Revenue Fund (PRF)-Parking Fees (583.302).
(2) Move current year expenditures,
and remaining budget balances, from DRF-Parking (580.262) to the
CSU PRF-Parking Fees (583.302).
(3) Clear all assets and liabilities
in the DRF-Parking (580.262). Accounts receivables may be either
written off or moved to the CSU PRF-Parking Fees (583.302).
(4) Move current year expenditures
and remaining budget balances in BMER-Parking (575.202) to the
CSU PRF-Maintenance and Equipment (583.304).
The attachment reflects budget balances
available in DRF-Parking and BMER-Parking per the State Controller
as of October 31, 1996. Please notify the Chancellor's Office
as soon as possible if there is a problem which prevents your
campus from clearing the above mentioned items by January 31,
Questions may be directed to Mr.
Raynard Gray at (310) 985-2566.
GAP:RG:js AD NOAT 96-55
c: Mr. Raynard Gray
Mr. Richard K. Leffingwell
Ms. Cecilia R. Patz
Ms. Rosa Renaud
Ms. Ruth Stipp