AD NOAT 06-136
ATTACHMENT A
THE CALIFORNIA STATE UNIVERSITY
Health Center Facilities Fund
2006/07 Centrally Paid Direct Program Costs
(REVISED)
	Debt Service	Debt		Annual	Quarterly
Campus	Payments	Service Reserve		PFA Amount	PFA Amount (a)
Bakersfield	0	0		-	-
Channel Islands	0	0		-	-
Chico	0	0		-	-
Dominguez Hills	0	0		-	-
Fresno	0	0		-	-
Fullerton	0	0		-	-
Hayward	0	0		-	-
Humboldt	0	0		-	-
Long Beach	0	0		-	-
Los Angeles	0	0		-	-
Maritime Academy	0	0		-	-
Monterey Bay	0	0		-	-
Northridge	0	0		-	-
Pomona	0	0		-	-
Sacramento	0	0		-	-
San Bernardino	0	0		-	-
San Diego	532,100	79,815	(a)	611,915	152,978.75
San Francisco	0	0		-	-
San Jose	0	0		-	-
San Luis Obispo	0	0		-	-
San Marcos	0	0		-	-
Sonoma	0	0		-	-
Stanislaus	0	0		-	-
Totals	532,100	79,815		611,915	152,978.75
Campus Journal Entry Required (FIRMS):
Debit	680126	680126
Credit	305022	305022
	Net Revenue Debt Service Coverage Ratio (DSCR) Calculation
	Example:
	If annual revenue = $15,000,000
	and annual operating expense = $10,000,000
	then, annual net income = $5,000,000
	If annual debt service payment = $750,000 (b)
	then, 15% reserve (of debt service payment) = $112,500 (b)
	and annual debt service transfer = $862,500
	Therefore, DSCR = $5,000,000/$750,000 = 6.67
(a) Revised: Transfers to occur September 1, October 1, February 1 and April 1. Refer to coded memo FT 06-01
Attachment A for centrally paid indirect costs, which has different PFA dates.
(b) Projected debt service reserve for 07/08 is $213,627 and for 08/09 is $136,062.
(c) This should be recorded as "Transfer Out" (680126) in FIRMS.