THE CALIFORNIA STATE UNIVERSITY
Office of the Chancellor
401 Golden Shore, 5th Floor
Long Beach, California 90802-4210
(562) 951-4610

 

Date:

November 10, 2005

Code: AD NOAT 05-162

To:

Financial Managers
Accounting Officers
Budget Officers

 

From:

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

 

Subject:

Northridge Parking Transfer

 

Transfer Request: 059107
Legal Posting FY 2005/2006
GAAP Posting FY 2005/2006
(When GAAP year = Legal year, no GAAP entry is needed)

 

The State Controller's Office has been requested to transfer $1,850,000 in parking fee revenue to the Northridge Parking Local 2003 project account on Transaction Request 059107.

The campus journal entry to record the transaction for SCO fund 580 is as follows:

Debit 680110 Transfers out to Dormitory Construction Fund-Interagency
Credit 305022 Fund Balance Clearing

The Chancellor's Office will be recording the following journal entry for SCO fund 576:

Debit 101004 Cash in State Treasury
Credit 506112 Transfers in from Dormitory Revenue Fund-Interagency

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

GVA:LG:td AD NOAT 05-162