Date:

February 15, 2007

Code:AD NOAT 07-024

To:

Financial Managers
Accounting Officers
Budget Officers

REVISED: REPLACES
AD NOAT 07-010

From:

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

Subject:

REVISION OF AD NOAT 07-010 - SMIF Interest Distribution (October-December 2006) for Funds 575 and 580

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

The interest earned from investments through the Surplus Money Investment Fund is being transferred to the campuses for the following:

Dormitory Bldg. Maint. Equip. and Reserve Fund – Housing (575-201),
Dormitory Bldg. Maint. Equip. and Reserve Fund – Parking (575-202),
Dormitory Bldg. Maint. Equip. and Reserve Fund – Health (575-203),
Dormitory Bldg. Maint. Equip. and Reserve Fund – Decentralized Student Unions (575-204),
Dormitory Bldg. Maint. Equip. and Reserve Fund – CERF (575-206),
Dormitory Revenue Fund – Housing (580-261),
Dormitory Revenue Fund – Parking (580-262),
Dormitory Revenue Fund – Health (580-263),
Dormitory Revenue Fund – Student Unions (580-265),
Dormitory Revenue Fund – CERF (580-267),
Dormitory Revenue Fund – Auxiliary Organizations (580-268),

The earnings are for the period October 1 through December 31, 2006.

We have requested the State Controller's Office to make the transfers reported on the Attachment with Transfer Requests 069172, 069173, 069174, 069175, 069176, and 069177. The listed campuses should record the journal entries described on the attachment.

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 07-024(REVISION OF AD NOAT 07-010)

Attachment