Date:

June 29, 2007

Code:AD NOAT 07-144

To:

Financial Managers
Accounting Officers
Budget Officers

From:

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

Subject:

Statement of Capitalization/ITRP FY 06-07

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

Attached are capitalization statements for the infrastructure terminal resources projects completed on your campus during the last year. These projects must be reclassified from construction work in progress to the appropriate asset classification in FY 06/07 legal basis records.

If you have any questions, please refer to Chapter 5 of the GAAP manual or contact Alice Ong at (562) 951-4534 or via e-mail at aong@calstate.edu.

GVA:AO:lm AD NOAT 07-144

Attachment (.doc)