Date:

June 29, 2005

Code: AD NOAT 05-98

To:

Financial Managers
Accounting Officers
Budget Officers

From:

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

Subject:

Statement of Capitalization/ITRP FY 04-05

Legal Posting FY2004-05
GAAP Posting FY2004-05
(When GAAP year = Legal year, no GAAP entry is needed)

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 04/05 legal basis records.

If you have any questions, 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 05-98

Attachment