Date:

April 22, 2004

Code: AD NOAT 04-42

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
January through March 2004

The Continuing Education Revenue Fund systemwide distribution for the period of January 1, 2004 through March 31, 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.

GA:SP:tp AD NOAT 04-42

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