Date:

February 2, 2005

Code: AD NOAT 05-10

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 October through December 2004

The Continuing Education Revenue Fund systemwide distribution for the period of October 1, 2004 through December 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 at (562) 951-4519 or via e-mail at spickering@calstate.edu.

Attachment

GVA:SP:tp AD NOAT 05-10