THE CALIFORNIA STATE UNIVERSITY
Office of the Chancellor
400 Golden Shore Drive
Long Beach, California 90802-4275
(562) 951-4610
Date: September 10, 1998 Code: AD NOAT 98-59
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) and the Dormitory Revenue Fund-Housing (580)
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 989030 and 989031, respectively. Each PFA is dated September 10 and the interest earnings are for the period January 1 thru June 30, 1998.
The enclosed attachment reflects each campus’ allocable share of interest income earned along with journal entry instructions.
Questions may be directed to Mr. William Musselman at (562) 951-4610 or via email at william_musselman@calstate.edu.
GAP:SK:tp AD NOAT 98-59
Attachment-The CSU Accounting Dept. Dormitory Building Maintenance & Equipment Reserve Fund-Housing, Dormitory Revenue Fund-Housing, Surplus Money Investment Fund Interest Distribution, for the Period January 1 thru June 30, 1998c: Mr. William Musselman
Ms. Susan Koch