PRESS RELEASE Office of Missouri State Treasurer Sarah Steelman FOR IMMEDIATE RELEASE  --  October 7, 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 (09/29/05 through 10/5/05)

            Avg. Portfolio Book Value:  $      2,882,689,070.82

            Avg. Yield:    3.458 percent.

Unclaimed Property Division (09/29/05 through 10/5/05)

            Amount Returned To Owners:      $     488,327.79

            Number of Accounts Returned:                    1,081

Banking Division (09/29/05 through 10/5/05)

            State Receipts:            $ 453,160,606.44

            State Disbursements:   $ 658,904,119.76

            Electronic Transfers:                    70,756

            Checks Issued:                            45,042

            Checks Cleared:                          35,219

            (Note: On Sept. 30, the state paid semi-monthly payroll and made MoDOT contractor disbursements. On Oct. 3, the state received federal money to fund Medicaid payments. On Oct. 5, the state made payments to Medicaid providers.)

As of close of business October 5th 2005, cash balances were:

            Budget Reserve             $   277,787,495.39

            General Revenue           $   223,922,301.65*

                      *This includes a $200 million cash-flow loan on July 19, 2005 from Budget Reserve

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