PRESS RELEASE Office of Missouri State Treasurer Sarah Steelman FOR IMMEDIATE RELEASE  --  October 28, 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 (10/20/05 through 10/26/05)

            Avg. Portfolio Book Value:   $     2,795,154,377.11

            Avg. Yield:    3.465 percent.

Unclaimed Property Division (10/20/05 through 10/26/05)

            Amount Returned To Owners:      $     184,404.33

            Number of Accounts Returned:                       645

Banking Division (10/20/05 through 10/26/05)

            State Receipts:            $ 309,450,186.39

            State Disbursements:   $ 621,461,989.25

            Electronic Transfers:                     15,950

            Checks Issued:                            39,648

            Checks Cleared:                          40,054

            (Note: On Oct. 20, the state made payments to Medicaid providers. On Oct. 21, the state made a distribution to schools.)

As of close of business October 26th 2005, cash balances were:

            Budget Reserve             $   228,158,801.41

            General Revenue           $   194,332,061.34*

                      *This balance includes a $200 million transfer on July 19 and a $50 million transfer on Oct. 19 by OA from Budget Reserve to General Revenue for cash flow purposes.

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