Date: March 27, 1997 Code: AD NOAT 97-19

To: Financial Managers

Accounting Officers

Budget Officers

From: George A. Pardon

Accounting Director

Business and Finance

Subject: Pro Rata of Interest Income for the CSU Trust Fund (948)

The enclosed attachment reflects additional interest earned from investments through the Surplus Money Investment Fund for the CSU Trust Fund. Plan of Financial Adjustment (PFA) #969157, dated March 14, 1997, previously distributed eanings for the Trust Fund. This AD NOAT and the ensuing PFA will serve as the final distribution for the period July 1 through December 31, 1996.

We have requested the State Controller's Office make the transfer with PFA #969163, dated March 27, 1997. The journal entry described on the attachment in Column J 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 97-19

Attachment--CSU Trust Fund-948 Surplus Money Investment Fund (SMIF) Interest Distribution for the Period July - December 1996

c: Mr. Raynard Gray

Ms. Ruth Stipp