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

Code:  AD NOAT 95-02

Date: January 11, 1995

To:  Financial Managers
      Accounting Officers
      Budget Officers


From: George A. Pardon
       Accounting Director
       Business and Finance

Subject:  Adjustment of Pro Rata of Interest Income Covering January 1, 1994
	   through June 30, 1994 for the Health and Services Fee - 581

Attachments "A" and "B" reflect the adjustment of systemwide income 
earned from investments through the Surplus Money Investment Fund for 
the Health and Services Fee Fund - 581.

We have requested the State Controller's Office to make the transfer 
indicated on Attachment "B" with PFA #9071.  The campus need not post 
Attachment "B".  The journal entry described on Attachment "A" should be 
recorded by the campus.   The journal entries described in AD NOATs 94-23 
and 94-23A should have been previously recorded.

Please note on Attachment "A" that a reduction of systemwide interest 
income earned in the amount of $83.27 for administrative costs was made 
by the State Controller.  Futhermore, the campuses' monthly balances 
shown on Attachment "B" have been revised resulting in an additional 
adjustment to interest earned.  These reports have been prepared to correct 
prior reporting errors.

If you have any questions, please call Cecilia Rubalcaba at (310) 985-2897.
 
GAP:CR:df:Pro Rata Revised

Attachments