Date: March 5, 1998 Code: AD NOAT 98-18

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, 1997 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 #979087 and the transfer for Attachment B with PFA #979088. The journal entries described on Attachments A and B should be recorded by the listed campuses.

If you have any questions, please call Ms. Emelda Becerra at (562) 985-2730 or e-mail at emelda_becerra@calstate.edu.

GAP:EB:tp:AD NOAT 98-18

Attachment A-The CSU Accounting Dept. Special Projects Fund - 947, Surplus Money Investment Fund (SMIF) Interest Distribution, for the Period July thru December 1997
Attachment B-The CSU Accounting Dept. CSU Trust Fund - 948, Surplus Money Investment Fund (SMIF) Interest Distribution, for the Period July thru December 1997

c: Ms. Ruth Stipp