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

 

Date:

June 04, 2007

Code:AD NOAT 07-101


To:


Financial Managers
Accounting Officers
Budget Officers

 

From:

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

 

Subject:

Pomona Parking Transfer

 

Transfer Request: 069253
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 $2,000,000 in fee revenue from the Pomona Parking Revenue fund & the Pomona Parking Trust Fund to the Pomona Parking Structure 1 account on Transaction Request 069253.

The campus journal entries to record the transactions for SCO fund 580 is as follows:

Debit 680110 Transfers out to Dormitory Construction Fund-Interagency
Credit 305022 Fund Balance Clearing

The campus journal entries to record the transactions for SCO fund 948 is as follows:

Debit 680110 Transfers out to Dormitory Construction Fund-Interagency
Credit 305022 Fund Balance Clearing

The Chancellor's Office will be recording the following journal entries for SCO fund 576:

For the $1,000,000.00 from fund 580

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

For the $1,000,000.00 from fund 948

Debit 101004 Cash in State Treasury
Credit 506125 Transfers in from CSU Trust 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 07-101