Date:

February 1, 2007

Code:AD NOAT 07-016

To:

Financial Managers
Accounting Officers
Budget Officers

From:

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

Subject:

Centrally Paid Student Union (Decentralized) Direct Costs FY 2006/07

Transfer Request: 069189
Legal Posting FY2006-07
GAAP Posting FY2006-07
(When GAAP year = Legal year, no GAAP entry is needed)

In accordance with Financing and Treasury memorandum FT 06-08 dated August 10, 2006, the centrally paid 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 third quarter charges on PFA 069189. Campuses should record the journal entry listed on Attachment A.

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 07-016

Attachment