January 22, 1998 Code: AD 98-04
Vice-Presidents for Administration
From: George A. Pardon
Business and Finance
Revised Plan of Financial Adjustment
The State Controller's Office has
approved the attached revised Plan of Financial Adjustment (PFA).
The plan was changed to incorporate fund 0658. Effective immediately,
PFA's must refer to "a continuing plan of financial adjustment
approved by the State Controller on December 30, 1997."
Please note that PFA's are not intended
to be a means of providing working capital advances, nor overcoming
cash flow problems. They are also not to be used to distort interest
earnings or potential interest earnings between funds. Corrections
of prior PFA's, transfer of funds and other journal entries must
be submitted as a separate request, not a PFA.
If you have questions, please refer
to SAM Section 8452, or contact Bill Musselman via e-mail at firstname.lastname@example.org or Ruth Stipp via e-mail at email@example.com or contact either at
GAP:WM:mc AD 98-04
to Kathleen Connell, SCO, dated October 30, 1997
Distribution: Ms. Lee Ramirez, State Controller's Office
Chancellor's Office Accounting Staff
Chancellor's Office Distribution: Accounts Payable
Marcia Le Beau