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<DIV><SPAN class=989164914-28062004><FONT face=Arial size=2>Please pass along
the following information on the ICS report on Capital Sub-activity Balances to
the appropriate staff members. OSF is currently populating the old ICS
Budgeting system with the current expenditure information from the People Soft
system. They are working diligently in these last days of the fiscal year to do
this procedure on a daily basis so that we may run an accurately updated
Sub-activity Report. I'll run a new report this afternoon and send to you
through the regular mail system so that staff may reconcile the capital
expenditures down to the sub-activity level and use this report to plan for the
FY05 Budgeting process.</FONT></SPAN></DIV>
<DIV><SPAN class=989164914-28062004><FONT face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=989164914-28062004><FONT face=Arial size=2>Also, on another
note, please have your FY05 operating budgets entered into the ICS no later
than noon tomorrow, June 29th so that I can have them submitted as soon after
the Regents' approve budgets on June 30th to OSF for approval. We will
continue to consolidate your E&G Part I budgets into the activity 11.
If you have questions, please call.
Thanks.</FONT></SPAN></DIV></BODY></HTML>