THE CALIFORNIA STATE UNIVERSITY
OFFICE OF THE CHANCELLOR
400 Golden Shore Drive
Long Beach, California 90802-4275
(310) 951-4610

Code:  AD 94-04


Date: 	March 9, 1994


Reply by 3/25/94


To:	Vice Presidents for Administration




From:	George A. Pardon

	Accounting Director

	Business and Finance


Subject:	Report of Interest Penalty Fees Under the State Prompt 
Payment Act


Government Code Section 926.17 requires each state agency to submit 
a written annual report to the Legislature about interest penalties that 
have been paid during the last calendar year.  The report must state the 
actions taken to correct the problems which caused the penalty to be 
paid.  Copies of the combined CSU report will be submitted to:


	
The Speaker of the House
	
The President pro tem
	
The Chief Clerk of the Assembly
	
The Secretary of the Senate

Each campus is requested to submit this report to the CSU Accounting 
Department using the format of the attached memo.  The CSU Accounting 
Department will summarize the information into a single report to the 
Legislature for The California State University.  You may fax your reply to 
us at (310) 985-2901.

 
If there are questions concerning the submission, please contact Silvia 
Barajas at (310) 951-4610.


GAP:SB:df:AD 94-04 Int Penalty

Attachment

Distribution:
	Presidents 
	Business Managers
	Financial Managers/Accounting Officers/Budget Officers
	Chancellor's Office Staff (without attachment) 




Date:


To:	George A. Pardon
	Accounting Director
	The California State University
	400 Golden Shore, Room 102
	Long Beach, California  90802-4275


From:	Name:
	Title:
	Campus:


Subject:  19__ Interest Penalty Fee Report

In accordance with the Government Code Section 926.17,
________________________________ campus paid
________________________________ dollars in interest penalty fees 
for late payments during the 19__ calendar year.

The following procedures and/or actions have been implemented to 
avoid late payments in the future:







If there are questions about this report, please contact

_____________________________            at 
____________________.
         (name)                               (telephone number)