Financial Services
401 Golden Shore, 5th Floor
Long Beach, CA 90802-4210
Date:
October 7, 2008
Code AD NOAT 08-096
To:
Financial Managers
Accounting Officers
Budget Officers
Accounting Officers
Budget Officers
From:
George V. Ashkar
Senior Director, Controller
Financial Services, Accounting
Senior Director, Controller
Financial Services, Accounting
Subject:
Centrally Paid Direct Costs for Debt Service only – Student Union FY 2008/09 (1st QTR) Fund 0580 for Chico, Fullerton, Northridge, San Diego, San Francisco and San Jose.
Transfer Request: 089037
Legal Posting FY 2008-09
GAAP Posting FY 2008-09
(When GAAP year = Legal year, no GAAP entry is needed)
Legal Posting FY 2008-09
GAAP Posting FY 2008-09
(When GAAP year = Legal year, no GAAP entry is needed)
In accordance with Financing and Treasury memorandum FT 08-09; the centrally paid direct costs for the student union program for fiscal year 2008/09 will be transferred from the Dormitory Revenue Fund – Campus Union (#580) for the campuses listed above.
The State Controller’s Office is processing the 1ST half centrally paid direct charges on TR089037. The listed campuses should record the journal entry as listed on the Attachment. As stated in the Finance and Treasury memorandum, indirect costs will be passed down via the SWIFT/CPO process for the remaining campuses.
Questions or comments regarding this report should be directed to Escobedo at (562) 951-4561 or via email at Descobedo@calstate.edu.
GVA:DE:lm
ADNOAT 08-096
Attachment (FT 08-09)