Financial Services
401 Golden Shore, 5th Floor
Long Beach, CA 90802-4210
Accounting Officers
Budget Officers
Senior Director, Controller
Financial Services, Accounting
SMIF Interest Distribution REVERSAL (July-September 2008) for Funds 0575, 0580, 0581 and 0583.
Legal Posting: FY 2008-09
GAAP Posting FY 2008-09
(When GAAP year + Legal year, no GAAP entry is needed)
The interest earned from investments through the Surplus Money Investment Fund is being reversed for the following:
Dormitory Bldg. Maint. Equip. and Reserve Fund – Housing (575-201)
Dormitory Bldg. Maint. Equip. and Reserve Fund – Parking (575-202)
Dormitory Bldg. Maint. Equip. and Reserve Fund – Health (575-203)
Dormitory Bldg. Maint. Equip. and Reserve Fund – Decentralized Student Unions (575-204)
Dormitory Bldg. Maint. Equip. and Reserve Fund – CERF (575-206)
Dormitory Revenue Fund – Housing (580-261)
Dormitory Revenue Fund – Parking (580-262)
Dormitory Revenue Fund – Health (580-263)
Dormitory Revenue Fund – Decentralized Student Unions (580-265)
Dormitory Revenue Fund – CERF (580-267)
Dormitory Revenue Fund – Auxiliary Organizations (580-268)
Dormitory Revenue Fund – (581)
Dormitory Revenue Fund – (583)
The earnings are for the period July 1 through September 30, 2008. The SMIF Interest for this period was originally distributed on CPO 08-0186. We have requested the State Controller’s Office to make the reversals reported on the Attachment with Transfer Requests 089108, 089109, 089110, 089111, 089112, 089113, 089114 and 089115. The listed campuses should record the journal entries as described on the attachment.
Questions or comments regarding this report should be directed to Dagoberto Escobedo at (562) 951-4561 or via email at Descobedo@calstate.edu .
GVA:DE:td
ADNOAT 09-007
Attachment