Financial Services
401 Golden Shore, 5th Floor
Long Beach, CA 90802-4210
Accounting Managers
Financial Services, Accounting
Manager, Capital Projects and Revenue Bonds
Systemwide Financial Operations
FBC adjustments due to June 08 Union Decentralization
Transfer Request: N/A
Legal Posting: FY 2009-10
GAAP Posting: FY 2009-10
(When GAAP year = Legal year, no GAAP entry is needed)
The following attachment reflects fund balance clearing adjustments for the CSU Dormitory Revenue Fund 0580. The adjustment comes as a result of prior year activity involving the transition of centralized unions becoming decentralized that resulted in a negative fund balance. This AD NOAT is to correct that activity in order to have a tie between Fund Balance Clearing and Cash.
Please record the journal entry as described on the next page.
Questions or comments regarding this report should be directed to Brian Lee at (562) 951-4399 or via email at Blee@calstate.edu.
KS:BL;td
ADNOAT 10-043
Attachment