THE CALIFORNIA STATE UNIVERSITY
Office of the Chancellor
400 Golden Shore Drive
Long Beach, California 90802-4275
Date:February 23, 1999 Code: AD 99-04
To: Vice-Presidents for Administration
From: William P. Musselman
Acting Accounting Director
Business and Finance
Subject: Revised Plan of Financial Adjustment
The State Controllers Office has approved the attached revised Plan of Financial Adjustment (PFA). The plan was changed to incorporate fund 0574 and Channel Islands agency 6850. Effective immediately, PFAs must refer to "a continuing plan of financial adjustment approved by the State Controller on February 5, 1999."
Please note that PFAs are not intended to be a means of providing working capital advances, nor overcoming cash flow problems. They are also not to be used to distort interest earnings or potential interest earnings between funds. Corrections of prior PFAs, transfer of funds and other journal entries must be submitted as a separate request, not a PFA.
If you have questions, please refer to SAM Section 8452, or contact Ruth Stipp at (562) 951-4610 or via email at firstname.lastname@example.org.
WPM:RS:tp AD 99-04
Attachment-The CSU Systemwide Reimbursement PFA
Distribution: Ms. Lee Ramirez, State Controllers Office
Chancellors Office Accounting Staff
Chancellors Office Distribution: Accounts Payable
Marcia Le Beau