Required SCO ReportsYear End SCO Report Requirements from a CSU Perspective

Agenda

Required SCO Reports

Important Dates for Year End Files and Documents

Report Submission and Compliance

SCO and CSU Contacts and Resources

Discussion and Questions

Required SCO Reports

List of Required SCO Reports for Year EndList of Required SCO Reports for Year End Report 1 - Report of Accruals to Controller’s Accounts Report 2 - Accrual Worksheet Report 3 - Adjustments to Controller’s Accounts Report 4 - Statement of Revenue Report 5 - Final Reconciliation of Controller’s Accounts

with Final Budget Report Report 7 - Pre-Closing Trial Balances Report 8 - Post-Closing Trial Balances Report 9 – Analysis of Change in Fund Balance (Statement of Operations) Report 14 - Report of Bank/Savings and Loan Association Accounts Outside

of the Treasury System Report 15 - Reconciliation of Agency Accounts with

Transactions per State Controller Report 18 - Statement of Changes in General Fixed Assets Report 19 - Statement of General Fixed Assets Report 20 - Statement of Financial Condition Report 22 - Statement of Contingent Liabilities

Required SCO Reports

How Does the CSU meet the SCO’s Year End How Does the CSU meet the SCO’s Year End Report Requirements?Report Requirements?

– SAM 99 Electronic FileSAM 99 Electronic File Created in PeopleSoftCreated in PeopleSoft FTP’d to the SCO when FIRMS submission is FTP’d to the SCO when FIRMS submission is

accepted by the CSU COaccepted by the CSU CO

– Hardcopy Report PackageHardcopy Report Package Created ManuallyCreated Manually Templates and Forms are available on lineTemplates and Forms are available on line Mailed or Hand delivered to the SCOMailed or Hand delivered to the SCO

Required SCO Reports

SAM 99 FileSAM 99 FileSatisfies these SCO Report Requirements for Satisfies these SCO Report Requirements for Governmental Cost Funds & Bond FundsGovernmental Cost Funds & Bond Funds

Report 1 - Report of Accruals to Controller’s Accounts Report 2 - Accrual Worksheet Report 4 - Statement of Revenue Report 5 - Final Reconciliation of Controller’s Accounts

with Final Budget Report Report 7 - Pre-Closing Trial Balance Report 8 - Post-Closing Trial Balance Report 9 – Analysis of Change in Fund Balance

(Statement of Operations) Report 15 - Reconciliation of Agency Accounts with

Transactions per State Controller Report 20 - Statement of Financial Condition

Required SCO Reports

SAM 99 FileSAM 99 FileCreated in PeopleSoft Created in PeopleSoft Each Campus has a unique File NameEach Campus has a unique File Name

Required SCO Reports

SAM 99 FileSAM 99 FileGeneral Fund should have NO ACCRUALSGeneral Fund should have NO ACCRUALS

Required SCO Reports

SAM 99 FileSAM 99 FileGeneral Fund should have NO ACCRUALSGeneral Fund should have NO ACCRUALSOperating Expenditures DR = Fund Balance Clearing CROperating Expenditures DR = Fund Balance Clearing CR

Required SCO Reports

SAM 99 FileSAM 99 FileFTP’d to Teale Data Center/SCO when FTP’d to Teale Data Center/SCO when FIRMS is accepted by the CSU COFIRMS is accepted by the CSU CO

Required SCO Reports

Hard Copy Report PackageHard Copy Report Package Certification LetterCertification Letter Report Table of ContentsReport Table of Contents Report 3 - Adjustments to Controller’s Accounts - if needed Report 14 - Report of Bank/Savings and Loan Association

Accounts Outside of the Treasury System Report 18 - Statement of Changes in General Fixed Assets Report 19 - Statement of General Fixed Assets Report 22 - Statement of Contingent Liabilities - if needed

For Campuses that have SCO Funds 0890 and 0942For Campuses that have SCO Funds 0890 and 0942 Report 7 - Pre-Closing Trial Balances

same as SAM 7 Pre Close Report 8 - Post-Closing Trial Balances

same as SAM 7 Post Close Report 9 - Analysis of Change in Fund Balance (Statement of

Operations) Report 20 - Statement of Financial Condition

Required SCO Reports

Report 3 Adjustments to Controller’s Accounts

Required SCO Reports

Report 3Report 3 If needed,If needed, submit on Controller's special computer submit on Controller's special computer

printout (State Form 576) printout (State Form 576) which is mailed to campuseswhich is mailed to campuses A summary statement by appropriation and program A summary statement by appropriation and program

must be preparedmust be prepared The adjustments are to be numberedThe adjustments are to be numbered These numbers will correspond to an attachment which These numbers will correspond to an attachment which

gives a brief explanation of the reason for each gives a brief explanation of the reason for each adjustmentadjustment

This explanation must disclose the reason or nature of This explanation must disclose the reason or nature of the error; not just a restatement of the correctionthe error; not just a restatement of the correction

Do not submitDo not submit letters to the Controller's Office which letters to the Controller's Office which have been written about these adjustmentshave been written about these adjustments

Required SCO Reports

STATE OF CALIFORNIA

STD. 445 (REV. 6-98) (1) (5)

Please return to:State Treasurer's Office (2) (6)

Securities Clearance SectionP.O. Box 942809 (3) Brief description and purpose of account.

Sacramento, CA 94209-0001 (4) Name and address of depository and branch.

DEPARTMENT NAME AND ADDRESS FOR FISCAL YEAR ENDED

California Maritime Academy - 6752 PO Box 1392, Vallejo, CA 94590-0644 June 30, 2006

(2) (4) (5)

AUTHORITY

Federal Perkins Loan Account Title 34, Code of

California Maritime Academy Federal Regulations

9429900096

California Maritime Academy

7020012948 DOF Approval

03/08/96

California Maritime Academy Title 5 Education Code

Sub Account 200220 Section 89721

California Maritime Academy Title 5 Education Code

Sub Account 200220 Section 89721

California Maritime Academy DOF Approval

1436-9-80713 04/06/99

555 Capitol Mall, Ste. 265

SIGNATURE TYP E OR P RINT NAME AND TITLE TELEP HONE NUMBER DATE SIGNED

(707) 654-1038 07/23/2006

$0.00

$565,986.95

$0.00

$116,199.24

Government Services #1436

$71,957.73

11440 San Vicente Bl., 3rd Fl.

Los Angeles, CA 90049

Bank of America

11440 San Vicente Bl., 3rd Fl.

Los Angeles, CA 90049

Met West

PO Box 7104

San Francisco, CA 94120-7104

Met West

Union Bank

Government Services

FFELP Program

First Bank of Calif. - Vallejo

116 Springstowne Center

Vallejo, CA 94591

Investment

Investment

Credit Card Deposits

Account

Transfer funds for

investment

Account

Zero Balance

Short Term

Account

Total Return

PURPOSE

(1) (6)(3)

BANK/SAVINGS & LOANACCOUNT TYPE BALANCE

REPORT OF BANK/SAVINGS AND LOAN ASSOCIATION ACCOUNT OUTSIDE THE TREASURY SYSTEM

Date of Department of Finance approval (Govt.bank/savings and loan statement.

State type of account (savings, checking, certificate of deposit, etc.).

Book balance of account as of June 30.

Code 16305.3) or citation if authorized by statute.

This report will be required of all State agencies. If no account exists, submit report noted "No accounts outside State Treasury." Any account in which State money is deposited, as defined by Government Code 16305.2, and which is not in the centralized State Treasury system will be included in this report.

Account title and number appearing on

ACCOUNT TITLE AND NUMBER

Checking

Zero Balance

I certify (or declare) under penalty of perjury that the foregoing is true and correct and that I have not violated any of the provisions of Article 4, Chapter 1,

Mark Nickerson, Vice President Business Affairs

Sacramento, CA 94814

Report 14 Report of Bank and/or Savings Accounts Outside of the State Treasury System

Required SCO Reports

Report 14 Instructions are included on the form Include campus agency number and name Include Zero Balance Accounts Report 14 is a summary of Reports 14B and 14C which are

submitted to the CSU CO Be sure to include Wells Fargo and Wachovia/Met West Investment

accounts

“Authority” Column– Cite the specific State Code or DOF approval date– All citations will be verified/audited – Education Code Section 89721

Most trusts, loan/scholarship program funds, facility use fees, services, etc.– WFB Authority - Title 5 Education Code Section 89721

“Purpose” Column– Provide detailed information to support authority for account– WFB Purpose - Deposit and Disbursement

Required SCO Reports

Report 18 Statement of Changes in General Fixed Assets

Required SCO Reports

Report 18

A separate report must prepared for each fund

Beginning balances must agree with the previous year's ending balances

A footnote must be provided if an adjustment to the beginning balance is needed, refer to report instructions for further details

Ending asset balances are debit amounts and ending accumulated depreciation amounts are credit balances

Additional information regarding reports 18 and 19 are contained in the Year End Reporting Instructions section 5 part D

Required SCO Reports

Report 19 Statement of General Fixed Assets

Required SCO Reports

Report 19

Total of all general fixed assets of the agency must be reflected in the report

Ending balance must agree with the total ending balances on Report

No. 18

Additional information regarding reports 18 and 19 are contained in the Year End Reporting Instructions section 5 part D

Required SCO Reports

Reports 18 and 19 Additional Information

Year End Reporting

Instructions

on CO SFSR Web Site

Required SCO Reports

Report 22 Statement of Contingent Liabilities Campuses must report contingencies for Federal audit exceptions,

other audit exceptions and pending litigation Amounts on this report are not reflected in any general ledger

accounts

Required SCO Reports

Changes for 06/07 CSU’s First Close under RMP Operations

We remain agencies of the State of California

We must still comply with Year End SCO Report Requirements

RMP’s Impact on SCO Reporting SAM99 General Fund

– There should be No Accruals in the General Fund– Prescribed BBA in 2005, 2004, 2003 as per Year End Checklist

Report 14 Report of Bank/Savings and Loan Association Accounts Outside of the Treasury System

– Wells Fargo - Use standard Legal Authority and Purpose– Wachovia/Met West Investment Balances have Increased

Important Dates: SCO to CSU

Date File

Mid May 2007 Prior Year Accrual SummaryLoad into PS as soon as it’s available

Check “Accr Rev Tape” box on SAM99 Run Control

Run SAM99 with “Accr Rev Tape” box checked thru year end

June 28, 2007 * June Pay File

July 3, 2007 * June SAM99 File

July 5, 2007 * June Paid Checks File

* Anticipated Dates

Important Dates: CSU to SCO

Date Files/Documents

June 15, 2007 PFA’s and Claims RECEIVED by the SCO on or before this date will be processed for 06/07

Important Dates: CSU to SCO

Year End Reports - SCO Due Dates July 31, 2007

CSU Perspective SAM99 File Submit your SAM99 file to the SCO when your FIRMS

submission has been accepted by the CSU CO - on or before July 16, 2007

– Electronic Submission of your SAM99 File satisfies Electronic Submission of your SAM99 File satisfies most reporting requirements for Governmental Fundsmost reporting requirements for Governmental Funds

– Files are considered “Received” by the SCO when Files are considered “Received” by the SCO when they are readable and able to be downloaded into the they are readable and able to be downloaded into the SCO’s systemsSCO’s systems

Important Dates: CSU to SCO

Year End Reports - SCO Due Dates July 31, 2007

CSU Perspective Hardcopy Report Package

Submit your Hardcopy Report Package - before July 31, 2007

Recommended CSU Strategy… Follow the CSU Year End Check List - Campus

Management reviews this information before you submit your FIRMS file to the CO

Assemble the final package and submit shortly thereafter - ahead of SCO deadline

Report Submission

SAM99 Electronic SubmissionFTP Setup - Each campus has its own UserID

Report Submission

SAM99 Electronic SubmissionFTP Setup - Each campus has its own Remote Site Folder

Report Submission

SAM99 Electronic SubmissionFTP Setup - site recfm=fb lrecl=202 blksize=20200 retpd=5

Report Submission

SAM99 Electronic Submission

When your SAM99 is FTP’d to the SCO/Teale Data Center, notify these individuals/entities via email:

– Rod Renteria rrenteria@sco.ca.gov

– Esther Setser esetser@sco.ca.gov

– Sandi Rowland srowland@sco.ca.gov

– Martin Raygoza mraygoza@sco.ca.gov

– DGFIN@sco.ca.gov– FCPROD@sco.ca.gov– FSSR@calstate.edu

Report Submission

SAM99 Electronic SubmissionYour email message must include these elements: Email Subject must state

– SAM99 SUBMISSION FOR AGENCY ####Body of the email must include Agency Name and Number Campus Contact Name, Email address and Phone

Number SAM99 File Data

– Data File Name In this format - FISCAL.MMDDYYA.AGYACR MMDDYY represents the date you are sending the file to the

SCO – Proof Total From the SAM99 printed report – Record Count From the SAM99 printed report

Report Submission

SAM99 Electronic Submission Example - Notification email

Report Submission

Hardcopy Report Package Submission to SCOHardcopy Report Package Submission to SCO

Mail to:Mail to:State Controller’s OfficeDivision of Accounting and ReportingState Government ReportsPO Box 942850Sacramento, CA 94250-5875

Hand Deliver to:Hand Deliver to:State Controller’s OfficeDivision of Accounting and ReportingState Government Reporting3301 C Street, Suite 700Sacramento, CA 95816-3301

Report Submission

Hardcopy Report Package SubmissionHardcopy Report Package SubmissionWhen you prepare your Hardcopy Report Package…

Be sure to follow Report Package Guidelines Report Binding Table of Contents and Page Numbering Certification Letter Font Size Prescribed presentation of transaction amounts,

State GL’s and Debits and Credits

Report Submission

Hardcopy Report Package SubmissionHardcopy Report Package SubmissionReport Package Guidelines, Detailed Instructions, Checklist, Certification Letter and Table of Contents templates as well as most Report Forms and prototypes can be found at…

http://www.calstate.edu/SFSR/Y-E-R_Instructions/Year-End.shtml

Compliance

If you cannot comply with due dates, contact:

– Martin Raygoza 916-323-8754 – Sandi Rowland 916-322-9896– Sedong John 562-951-4577

Revisions to Y/E reports should be submitted by September 28, 2007

– After this date, please contact:– Jocelyn Roubique, 916-322-4671

NOTE: Revisions should be sent on a hardcopy Report 1 or Report 3, not a new SAM99

SCO Contacts and Resources

Section ManagerSection Manager– Jocelyn Roubique

jroubique@sco.ca.gov 916 322-4671

Other SCO-CSU StaffOther SCO-CSU Staff– Carlos Diaz, Supervisor

cdiaz@sco.ca.gov 916 324-4582

– Sandi Rowland srowland@sco.ca.gov 916 322-9896

– Martin Raygoza mragoza@sco.ca.gov 916 323-8754

– http://www.sco.ca.gov/ard/state/

CSU Contacts and Resources

Chancellor’s Office Chancellor’s Office – Sedong John

sjohn@calstate.edu 562 951-4577

SAM99 FTP Issues Lorissa Cheney

– lcheney@calstate.edu– 562 951-4626

Jan Earl– jearl@calstate.edu– 562 951-4597

– http://www.calstate.edu/sfsr/

Finance User Group (FUG) Year End Conference CallsFinance User Group (FUG) Year End Conference Calls– Every Friday 11:00A to 1:00P Beginning June 1, 2007

Discussion and Questions

Discussion

Questions

Ideas

Have a Great Year End!