CSU | AD NOAT 07-188 | Coded Memos | Systemwide Financial Operations

Date:

September 24, 2007

Code:AD NOAT 07-188

To:

Financial Managers
Accounting Officers
Budget Officers

From:

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

Subject:

CPDC & Accounting Administrative fees

Transfer Request: 079065
Legal Posting FY2007-08
GAAP Posting FY2007-08
(When GAAP year = Legal year, no GAAP entry is needed)

Per a request from Nancy Freelander, Fiscal Manager CPDC, a Plan of Financial Adjustment (PFA) was prepared to recover Administrative and Accounting Fees ($53,067.00) from three construction projects funded through the same appropriation at CSU Chico. The Chancellor’s Office and the campus need to record their respective journal entry as described below:

The Campus journal entry to record TR079065 for SCO fund 6048002-2006-002-D is as follows:

Debit	XXXXXX	Capital – Construction other (Object Code 607033)
Credit	305022	Fund Balance – Clearing Account

The Chancellor’s Office journal entry to record TR079065 in SCO Fund 0948000-6620-1971-510-D is as follows:

Debit	101004	Cash in State treasury
Credit	580005	Project Revenue

The project breakdown:

Project Description	Number	Amount
Chiller Replacement Performing Arts Ctr.	CH-505	19,646.00
Chiller Replacement Boiler Chiller Plant	CH-324	19,646.00
Capital Renewal – Re-roof Glenn/O’Connell	CH-326	13,775.00
	Total	53,067.00

If you have any questions, please contact William Pittman at (562) 951-4612 or via e-mail at bpittman@calstate.edu.

GVA: WP: td AD NOAT 07-188