|Date:||January 9, 2002
||Code: AD NOAT 02-02
William P. Musselman
Director of Accounting
Business and Finance
|Subject:||Distribution of FY 2000/2001 CERF Interest Earnings
In accordance with the memorandum dated November 29, 2001 from Dr. Edward M. McAleer, included as Attachment A, the Continuing Education Revenue Fund systemwide distribution for the fiscal year 2000/2001 is being transferred to the campuses.
Due to the implementation of AB2812, campuses will be receiving checks this year rather than the transfer request used in prior years. Campuses will have the option of depositing the money in CERF Fund 573 or Trust Fund 948.
The journal entry should credit sub-code 2440, transfer in from CERF.
Questions may be directed to Ms. Susan Koch at (562) 951-4611 or via e-mail at email@example.com.
WPM:SK:tp AD NOAT 02-02