Date:

August 12, 2005

Code: AD NOAT 05-118

To:

Financial Managers
Accounting Officers
Budget Officers

From:

Mr. George V. Ashkar
Senior Director, Controller
Financial Services, Accounting

Subject:

Revision of AD NOAT 05-109
2005/06 CSURMA premiums

Transfer Request: 059014
Legal Posting FY2005-06
GAAP Posting FY2005-06
(When GAAP year = Legal year, no GAAP entry is needed)

The attached spreadsheet from the California State University Risk Management Authority (CSURMA) identifies the annual risk pool contributions your campus will pay for fiscal year 2005/2006. The amounts listed will be charged to your campus via a plan of financial adjustment (PFA). Each campus should have already received their invoices.

Since CSURMA has already received payments via check from some campuses, only the amounts listed under “PFA Amounts” on the attachment will be collected with this transaction. Campuses should record the expenses as listed on the attached spreadsheet.

The State Controller has been requested to record these charges with Plan of Financial Adjustment TR059014 dated August 3, 2005.

Please contact Ms. Michelle Schlack at (562) 951-4568 with questions related to the invoices or Mrs. Lisa Gibbons at (562) 951-4621 or via e-mail at lgibbons@calstate.edu with questions related to the transfer.

GVA:LG:tp AD NOAT 05-118

Attachment