PRESS RELEASE Office of Missouri State Treasurer Sarah Steelman FOR IMMEDIATE RELEASE  --  September 9, 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 (09/01/05 through 09/07/05)

            Avg. Portfolio Book Value:  $      2,999,450,012.19

            Avg. Yield:    3.328 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 (09/01/05 through 09/07/05)

            Amount Returned To Owners:      $     241,515.81

            Number of Accounts Returned:                        899

Banking Division (09/01/05 through 09/07/05)

            State Receipts:            $ 391,282,450.44

            State Disbursements:   $ 294,684,352.54

            Electronic Transfers:                    15,565

            Checks Issued:                            34,681

            Checks Cleared:                          33,903

As of close of business September 7th, cash balances were:

            Budget Reserve             $   277,104,642.58

            General Revenue           $   294,011,030.58*

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

            (Note: On Sept. 1, the state received feddral money to fund Medicaid payments. On Sept. 6, the state made payments to Medicaid providers.)

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