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

 

Date:

October 27, 2006

Code: AD NOAT 06-166

To:

Financial Managers
Accounting Officers
Budget Officers

 

From:

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

 

Subject:

Debt Service Transfer November 2006

 

Transfer Request: 069111
Legal Posting FY2006-07
GAAP Posting FY2006-07
(When GAAP year = Legal year, no GAAP entry is needed)

 

The State Controller's Office has been requested to transfer the following amounts from your campus Dormitory Revenue Fund to the Chancellor's Office for the November 1 debt service payment.

Campus Amount Reference
Channel Islands $168,144.95 Auxiliary Lease Payment-Site Authority
Fresno 1,692,085.29 Auxiliary Lease Payment-Event Center
Los Angeles 688,787.50 Auxiliary Lease Payment-Housing Acquisition
Monterey Bay 1,963,889.38 Auxiliary Lease Payment-New Housing & Renovation
Monterey Bay 1,411,610.00 Auxiliary Lease Payment-Foundation
Northridge 277,058.75 Auxiliary Lease Payment-Food Service Facility
Pomona 1,148,962.50 Auxiliary Lease Payment-Foundation Housing
Sacramento 170,155.00 Auxiliary Lease Payment-Radio Station Project
San Diego 320,600.00 Auxiliary Lease Payment-Bioscience
San Diego 242,700.63 CERF
San Marcos 834,050.00 Auxiliary Lease Payment-Housing Acquisition

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

Debit 680111 Transfers out to Dorm. Interest & Redemption Fund-Interagency
Credit 305022 Fund Balance Clearing

The Chancellor's Office will be recording the following journal entry for SCO fund 578:

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

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

GVA:BL:td AD NOAT 06-166