Date:

June 1, 2004

Code: AD NOAT 04-65

To:

Financial Managers
Accounting Officers
Budget Officers

From:

George V. Ashkar
Director Systemwide Financial Operations
Business and Finance

Subject:

Distribution of January-March 2004 Interest Earnings for Funds 575-001, 580, 581 and 583

The interest earned from investments through the Surplus Money Investment Fund is being transferred to the campuses for the following:
Dormitory Building Maintenance Equipment and Reserve Fund - Housing (575-001)

Dormitory Revenue Fund - Housing (580-001)
Dormitory Revenue Fund - Parking (580-002, 200, 201, 202)
Dormitory Revenue Fund - CERF (580-300)
Facilities Revenue Fund (581) and
Parking Revenue Fund (583).
The earnings are for the period January 1 through March 31, 2004.

We have requested the State Controller's Office to make the transfers reported on Attachment A and B with Transfer Requests 039241, 039242, 039243, 039244, 039245, and 039277. The listed campuses should record the journal entries described on the attachments.

If you have any questions, please contact Mr. Lawrence Gutierrez at (562) 951-4624 or via e-mail at lgutierrez@calstate.edu.

GVA:LG:tp AD NOAT 04-65

Attachment A
Attachment B