CSU | AD NOAT 07-066 | Coded Memos | Systemwide Financial Operations

Date:

April 27, 2007

Code:AD NOAT 07-066

To:

Financial Managers
Accounting Officers
Budget Officers

From:

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

Subject:

Debt Service Transfer May 2007

Transfer Request: 069246, 069248, 069250
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 May 1 debt service payment.

Campus	Amount	Reference
Channel Islands	$176,736.61	Auxiliary Lease Payment-Site Authority
Fresno	$1,692,083.46	Auxiliary Lease Payment-Event Center
Los Angeles	$683,725.00	Auxiliary Lease Payment-Housing Acquisition
Monterey Bay	$1,116,364.38	Auxiliary Lease Payment-New Housing & Renovation
Monterey Bay	$651,710.00	Auxiliary Lease Payment-Foundation
Northridge	$155,258.75	Auxiliary Lease Payment-Food Service Facility
Pomona	$678,150.00	Auxiliary Lease Payment-Foundation Housing
Sacramento	$94,030.00	Auxiliary Lease Payment-Radio Station Project
San Diego	$188,975.00	Auxiliary Lease Payment-Bioscience
San Marcos	$606,237.50	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:lm AD NOAT 07-066