Date:

March 27, 2008

Code:AD NOAT 08-032

To:

Financial Managers
Accounting Officers
Budget Officers

REVISED: REPLACES
AD NOAT 08-031

From:

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

Subject:

REVISION OF AD NOAT 08-031 - CPDC & Accounting Administrative Fees for Capital Renewal Projects

Transfer Request: 079180
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 ($672,809.00) from twenty-two Capital Renewal construction projects on twenty CSU campuses. The Chancellor’s Office and the campuses need to record their respective journal entry as described below:

The Campuses journal entry to record TR079180 in SCO Fund 6048002-2007-002-D is as follows:

The Chancellor’s Office journal entry to record TR079180 in SCO fund 0948000-6620-1971-510-D is as follows:

WORKSHEET ATTACHED

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

GVA: WP: td

AD NOAT 08-032 (REVISION OF AD NOAT 08-031)
Attachment