Date:

February 4, 2004

Code: AD NOAT 04-16

To:

Financial Managers
Accounting Officers
Budget Officers

From:

Mr. George V. Ashkar
Director Systemwide Financial Operations
Business and Finance

Subject:

Distribution of FY 2003/2004 CERF Interest Earnings - July through December 2003

The Continuing Education Revenue Fund systemwide distribution for the period of July 1, 2003 through December 31, 2003 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.

If you have any questions regarding the charges please contact Sherry Pickering at (562) 951-4647 or via e-mail at spickering@calstate.edu.

GA:SP:tp AD NOAT 04-16

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