PRESS RELEASE Office of Missouri State Treasurer Sarah Steelman FOR IMMEDIATE RELEASE  --  November 10, 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 (11/03/05 through 11/09/05)

            Avg. Portfolio Book Value:   $     3,061,059,130.60

            Avg. Yield:    3.604 percent.

                      (Note: does not include Oct. 31 bond earnings; calculations computed on a 30/360 day basis, the standard industry convention. Actual yield is slightly higher.)

Unclaimed Property Division (11/03/05 through 11/09/05)

            Amount Returned To Owners:      $       147,490.97

            Number of Accounts Returned:                         776

Banking Division (11/03/05 through 11/09/05)

            State Receipts:            $ 506,327,670.72

            State Disbursements:   $ 386,669,621.18

            Electronic Transfers:                     17,095

            Checks Issued:                            40,805

            Checks Cleared:                          36,329

            (Note: Nov. 3, the state received federal money to fund Medicaid payments. On Nov. 4, the state received regular employer withholding remittances. On Nov. 5, the state made payments to Medicaid providers.)

As of close of business November 7th 2005, cash balances were:

            Budget Reserve             $   228,615,034.38

            General Revenue           $   330,060,096.58*

                      *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