Date:

May 22, 2003

Code: AD NOAT 03-40

To:

Financial Managers
Accounting Officers
Budget Officers

From:

Mr. George V. Ashkar
Director Systemwide Financial Operations

Subject:

Distribution of Jan-Jun 2002 Interest Earnings for Funds 575-001, 580-001, 580-002, 581 and 583

The interest earned from investments through the Surplus Money Investment Fund is being transferred to the campuses for the Dormitory Building Maintenance Equipment and Reserve Fund - Housing (575-001), Dormitory Revenue Fund - Housing (580-001), Dormitory Revenue Fund - Parking (580-002), Facilities Revenue Fund (581) and the Parking Revenue Fund (583). The earnings are for the period January 1 through June 30, 2002.

We have requested the State Controller's Office to make the transfers for the attachment with Transfer Requests 029162, 029163, 029164, 029165 and 029166. The listed campuses should record the journal entries described on the attachment.

If you have any questions, please contact Mr. Lawrence Gutierrez at (562) 951-4624 or via e-mail at lgutierrez@calstate.edu.

GVA:LG:tp AD NOAT 03-40

Attachment