PRESS RELEASE Office of Missouri State Treasurer Sarah Steelman FOR IMMEDIATE RELEASE  --  September 2, 2005

State Treasurer Sarah Steelman’s

Weekly Office Performance Report

            JEFFERSON CITY—Below is a weekly accounting of the activities and performance of the three divisions of the Missouri Treasurer’s Office.

Investment Division (08/25/05 through 08/31/05)

            Avg. Portfolio Book Value:  $      2,895,648.839.07

            Avg. Yield:    3.127 percent.

            (Note: the portfolio yield on 8/31/05 was 3.289 percent. The rate of return shown above partially reflects accounting issues related to bond interest computations.)

Unclaimed Property Division (08/25/05 through 08/31/05)

            Amount Returned To Owners:      $     171,961.45

            Number of Accounts Returned:                        831

Banking Division (08/25/05 through 08/31/05)

            State Receipts:            $ 201,249,570.44

            State Disbursements:   $ 243,058,904.36

            Electronic Transfers:                    58,915

            Checks Issued:                            37,906

            Checks Cleared:                          36,387

As of close of business August 31st, cash balances were:

            Budget Reserve             $   276,955,942.82

            General Revenue           $   279,153,485.19*

                      *this includes a $200 million cash flow loan from Budget Reserve

            (Note: On Aug. 31, the state paid state semi-monthly payroll and made MoDOT contractor disbursements.)

Contact: Mark Hughes, director of policy and communications (573) 751-7595
Email: mark.hughes@treasurer.mo.gov.
An electronic version of this release is available at:
http://www.treasurer.mo.gov/newsandevents.asp