Date:

August 18, 2004

Code: AD NOAT 04-108

To:

Financial Managers
Accounting Officers
Budget Officers

From:

Mr. George V. Ashkar
Director Systemwide Financial Operations

Subject:

Distribution of April-June 2004 Special Projects
(947) Interest Earnings

Transfer Request: 049025

Attached is the earned income distribution list from the investment through the Surplus Money Investment Fund for the Special Projects for the period of April 1, 2004 through June 30, 2004.

We requested the State Controller's Office to make the transfer with Transfer Request 049025. The listed campuses should record the journal entries described on the attachment.

FOR GAAP REPORTING, PLEASE ACCRUE THE INTEREST IN FY 2003/2004 AS DIRECTED IN CHAPTER 4, PAGE 4-50 TO 4-51 OF THE GAAP MANUAL.

Questions may be directed to Sherry Pickering (562) 951-4519 or via e-mail at spickering@calstate.edu.

Attachment

GVA:SP:tp AD NOAT 04-108