PRESS RELEASE Office of Missouri State Treasurer Sarah Steelman FOR IMMEDIATE RELEASE  --  December 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 (12/1/05 through 12/07/05)

            Avg. Portfolio Book Value:   $     2,811,156,515.27

            Avg. Yield:    3.663 percent.

Unclaimed Property Division (12/1/05 through 12/07/05)

            Amount Returned To Owners:      $       560,059.67

            Number of Accounts Returned:                      1,282

Banking Division (12/1/05 through 12/07/05)

            State Receipts:            $ 431,725,670.32

            State Disbursements:   $ 349,348,988.52

            Electronic Transfers:                     16,495

            Checks Issued:                            39,609

            Checks Cleared:                          39,023

            (Note: On Dec. 1 the state received federal money to fund Medicaid payments. On Dec. 5, the state made payments to Medicaid providers.)

As of close of business December 6th 2005, cash balances were:

            Budget Reserve             $   330,671,492.31

            General Revenue           $   295,571,080.21*

                      *On Dec. 5, OA repaid $100 million of the $250 million (in total) that was transferred on July 19 and Oct. 19 from Budget Reserve to General Revenue for cash-flow purposes. The GR balance shown here includes the remaining $150 million 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