Date:

November 4, 2004

Code: AD NOAT 04-139

To:

Financial Managers
Accounting Officers
Budget Officers

From:

Mr. George V. Ashkar
Senior Director, Controller
Financial Services, Accounting

Subject:

Distribution of FY 2004/2005 CERF Interest Earnings - July through September 2004

The Continuing Education Revenue Fund systemwide distribution for the period of July 1, 2004 through September 30, 2004 is being transferred to the campuses. Due to the implementation of AB2812, campuses will be receiving checks rather than the transfer request used in prior years. Campuses will have the option of depositing the money in CERF Fund 573 or Trust Fund 948.

The journal entry should credit FIRMS object 507001 interest from SMIF.

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

Attachment

GVA:SP:tp AD NOAT 04-139