Financial Services
401 Golden Shore, 5th Floor
Long Beach, CA 90802-4210
Accounting Managers
Financial Services, Accounting
Sr. Accounting Manager
Systemwide Financial Operations
February and March 2010 Payroll Reimbursement
Transfer Request: 099098
Legal Posting: FY 2009-10
GAAP Posting: FY 2009-10
(When GAAP year = Legal year, no GAAP entry is needed)
Assembly Bill (AB) 37, Chapter 27, Budget Act of 2010 amended existing law which authorized the Director of Finance to defer payments of General Fund moneys for the use of CSU’s February and March 2010 payroll. Furthermore, in AB 37 the payment (use of) of the deferred General Fund moneys shall be made in May 2010. This Plan of Financial Adjustment is to comply with AB 37 and reimburse State University Trust Fund, 0948, for February and March 2010 General Fund payroll expenditures.
The State Controller’s Office has been notified to record the various systemwide charges or credits indicated for your respective campus on Plan of Financial Adjustment/Transfer Request listed above. The attachment will give you the details of the charges or credits.
Questions or comments regarding this ADNOAT or the FIRMS Object Code should be directed to June Cacho at (562) 951-4654 or via e-mail at jcacho@calstate.edu.
KC;JC:td
ADNOAT 10-041
Attachment