401 Golden Shore, 5th Floor
Long Beach, CA 90802-4210
Financial Services, Accounting
Manager, Capital Projects & Systemwide Revenue Bonds
Financial Services Accounting
Transfer Request: N/A
Legal Posting: FY 2012-13
GAAP Posting: FY 2012-13
(When GAAP year = Legal year, no GAAP entry is needed)
This ADNOAT is an accrual of May and June subsidy monies which will be received from the IRS for the Build America Bonds Subsidy (BABS) in October. The rebate percentage has changed from 35% to 26.3%. We are expecting from the Federal Treasury $1,732,583.92 for six months and $577,527.97 should be accrued for this fiscal year.
Questions or comments regarding this report should be directed to Angelene Renaud at (562) 951-4613 or via email at firstname.lastname@example.org.