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Financial Services
401 Golden Shore, 5th Floor
Long Beach, CA 90802-4210

www.calstate.edu

Date:
September 4, 2009
Code: FS 2009-08-B
To:

Financial Managers
Accounting Officers
Budget Officers

 
From:
George V. Ashkar
Interim Assistant Vice Chancellor/Controller
Financial Services
Subject:
2009/10 Centrally Paid Indirect Costs (CPIC) - All Programs

The purpose of this memorandum is to provide you a summary of the total Indirect Costs that will be charged to your campus during the 200911 0 fiscal year. This memo consolidates program-level data that was shared with you earlier this year.
Campuses will be charged a total of$12.8M of Indirect Costs in 2009/10 which will be assessed in four quarterly installments of$3.2M. Each campus's portion of the quarterly assessment can be found on the attached Summary. The assessments will occur on or about the dates below.

  • 1st Quarter: September 1, 2009
  • 2nd Quarter: November 15, 2009
  • 3rd Quarter: February 15, 2010
  • 4th Quarter: May 15, 2010


The methodology to distribute these costs is the same as in prior years. Overhead costs are distributed based on 1) where retirement expenses (Object Code 603005) were reported two fiscal years ago and 2) relative campus size.


For questions regarding the quarterly assessments, please contact Kelly Cox at (562) 951- 4611. For questions regarding the cost distribution methodology, contact Roberta McNiel at (562)-951-4668.

GVA:JLG;td

Attachment (.pdf)