Date:

August 5, 2003

Code: AD NOAT 03-74

To:

Financial Managers
Accounting Officers
Budget Officers

From:

George V. Ashkar
Director Systemwide Financial Operations

Subject:

Lottery Fund SMIF Interest FY02 January 1, 2003 thru June 30, 2003

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 July 1 through December 31, 2002.

We have requested the State Controller's Office to make the transfers with Transfer Requests 039010, 039011, 039012, 039013 and 039014. 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:alr

Attachment