| DATE: | 5/16/03 | 
| AUTHOR: | LISA KERWIN | 
| SUBJECT: | STARS TRANSACTIONS FOR THE 5/23/03 PAYCHECKS | 
| MESSAGE TEXT: | 
| In order to better manage the State General fund balance, Regents payroll expenditures and SHARP encumbrances for the on-cycle payroll for the period ending May 10, 2003 will not be processed into STARS until Wednesday night, May 21, 2003. | 
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