THE CALIFORNIA STATE UNIVERSITY
Office of the Chancellor
401 Golden Shore, 5th Floor
Long Beach, California 90802-4210
(562) 951-4610

 

Date:

July 2, 2003

Code: AD NOAT 03-66

To:

Financial Managers
Accounting Officers
Budget Officers

 

From:

Mr. George V. Ashkar
Director Systemwide Financial Operations

 

Subject:

Statement of Capitalization FY 02-03

 

Attached are capitalization statements for projects completed on your campus during the last year. These projects must be reclassified from construction work in progress to the appropriate asset classification.

The following list indicates which campuses are being issued capitalization statements. This memo is only applicable to the listed campuses.:

  • Maritime Academy
  • San Bernardino
Please consult with your campus property manager if those invoices were recorded in the inventory records. If so, they need to be reversed to avoid duplicate recording of the asset.

If you have any questions, please contact Lily Wang at (562) 951-4628 or via e-mail at lwang@calstate.edu.

GVA:LW:tp AD NOAT 03-66

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