Transfer Request: N/A
Legal Posting: FY 2009-10
GAAP Posting: FY 2009-10
(When GAAP year = Legal year, no GAAP entry is needed)

With the sale of the 2010AB Revenue Bonds we are now ready to close the Revenue Bond Anticipation Note (RBAN) accounts that were used to provide interim funding for our Revenue Bond Projects. To replenish the BAN funds all expenditures incurred will be moved to the new Bond accounts. The entry to move the expenditures at the State Controller’s Office (SCO) was Transaction Request TC-38 TR099095. All of the campuses involved need to record the entry on their PeopleSoft system. The RBAN expenditure accounts were reduced to zero so the entry to move the expenditures should be straight forward. A worksheet has been attached with the amounts that were transferred between the accounts. The campus needs to credit the expenditures in the BAN account and debit the same expenditures in the new Bond account/s. The total amount should agree with the worksheet provided.

Questions or comments regarding this report should be directed to William Pittman at (562) 951-4612 or via e-mail at bpittman@calstate.edu

KS:BP:td

ADNOAT 10-044
Attachment A
Attachment B