Date:

July 17, 2003

Code: AD NOAT 03-72

To:

Financial Managers
Accounting Officers
Budget Officers

From:

Mr. George 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

If you have any questions, please contact Mr. Lam Le at (562) 951-4386 or via e-mail at lhle @calstate.edu.

GVA:LL:tp AD NOAT 03-72

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