Date:

October 11, 2006

Code: AD NOAT 06-156

To:

Financial Managers
Accounting Officers
Budget Officers

From:

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

Subject:

Centrally Paid Housing Direct Costs FY 2006/07

Transfer Request: 069070
Legal Posting FY 2006/2007
GAAP Posting FY 2006/2007
(When GAAP year = Legal year, no GAAP entry is needed)

In accordance with Financing and Treasury memorandum FT 06-06 dated September 15, 2006, the centrally paid housing direct costs for fiscal year 2006/07 will be charged quarterly via Plan of Financial Adjustment (PFA).

The State Controller's Office is processing the second quarter charges on PFA 069070. Campuses should record the journal entry listed on Attachment A and B.

If you have any questions, please contact Brian Lee at (562) 951-4399 or via e-mail at blee@calstate.edu.

GVA:BL:lm AD NOAT 06-156

Attachment A
Attachment B