Date:

July 6, 2006

Code: AD NOAT 06-108 REVISED

To:

Financial Managers
Accounting Officers
Budget Officers

From:

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

Subject:

REVISED Campus Interest Earned Based On Prepaid Premiums - CSURMA

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

We have processed checks to your campus for 2005-2006 and 2006-2007 interest earned based on prepaid premiums. The checks were issued April 6, 2006. This transaction should be abated against your premium expense.

Please note the FIRMS object code change on the attachment.

If you have any questions, please contact Lisa Gibbons at (562) 951-4621 or via e-mail at lgibbons@calstate.edu.

GVA:KC:td AD NOAT 06-108

Attachment A