Date: March 7, 1997 Code: AD NOAT 97-14

To: Financial Managers

Accounting Officers

Budget Officers

From: George A. Pardon

Accounting Director

Business and Finance

Subject: Pro Rata of Interest Income Covering July 1 thru December 31, 1996 for the Special Projects (947) and Trust (948) funds

Attachments A and B reflect the distribution of systemwide income earned from investments through the Surplus Money Investment Fund for the Special Projects and Trust Funds.

We have requested the State Controller's Office make the transfer for Attachment A with PFA #969156 and the transfer for Attachment B with PFA #969157. The journal entries described on Attachments A and B should be recorded by the listed campuses.

If you have any questions, please call Mr. Raynard Gray at (562) 985-2566.

GAP: RG:km AD NOAT 97-14

Attachment A-CSU Trust Fund 948 SMIF Interest Distribution for the Period July - December 1996
Attachment B-Special Projects Fund 947 SMIF Interest Distribution for the Period July - December 1996

c: Ms. Ruth Stipp

Mr. Raynard Gray