Date:

July 14, 2004

Code: AD NOAT 04-91

To:

Financial Managers
Accounting Officers
Budget Officers

From:

George V. Ashkar
Director Systemwide Financial Operations

Subject:

Statement of Capitalization FY 03-04

Attached are capitalization statements for the infrastructure terminal resources projects completed on your campus during the last year. These projects must be reclassified from construction work in progress to the appropriate asset classification in FY 03/04 legal basis records.

If you have any questions regarding this AD NOAT, please refer to Chapter 5 of the GAAP manual or contact Lily Wang at (562) 951-4628 or via e-mail at lwang@calstate.edu.

GVA:LW:tp AD NOAT 04-91