Date: August 29, 1997 Code: AD NOAT 97-49

To: Financial Managers

Accounting Officers

Budget Officers

From: George A. Pardon

Accounting Director

Business and Finance

Subject: Pro Rata of Interest Income for the Building Maintenance and Equipment Reserve

Fund-Housing (575.201) and the Dormitory Revenue Fund-Housing (580.261)

Plan of Financial Adjustments (PFA) have been prepared to distribute income earned from investments made through the Surplus Money Investment Fund. Earnings for the Building Maintenance and Equipment Reserve Fund-Housing and the Dormitory Revenue Fund-Housing appear on PFA's #979014 and #979015, respectively. Each PFA is dated August 29 and the interest earnings are for the period from January 1 thru June 30, 1997.

The enclosed attachment reflects each campus' allocable share of interest income earned along with journal entry instructions.

Please call Mr. Raynard Gray at (562) 985-2566 with questions.

GAP:RG:mc AD NOAT 97-49

Attachment-The CSU Accounting Department Dormitory Building Maintenance & Equipment Reserve Fund-Housing Dormitory Revenue Fund-Housing Surplus Money Investment Fund Interest Distribution for the Period 1/1/97 to 6/30/97

c: Housing Officers

Mr. Benjamin Figueroa

Mr. Raynard Gray

Ms. Ruth Stipp