PRESS RELEASE Office of Missouri State Treasurer Sarah Steelman FOR IMMEDIATE RELEASE  --  February 10, 2006

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 (2/2/06 through 2/8/06)

            Avg. Portfolio Book Value:   $     3,127,094,751.75

            Avg. Yield:    3.963 percent.

Unclaimed Property Division (2/2/06 through 2/8/06)

            Amount Returned To Owners:      $       677,811.75

            Number of Accounts Returned:                      1,446

Banking Division (2/2/06 through 2/8/06)

            State Receipts:            $ 542,744,048.92

            State Disbursements:   $ 370,772,193.11

            Electronic Transfers:                   121,277

            Checks Issued:                           178,289

            Checks Cleared:                         109,782

                      (Note: On Feb. 2, the state received federal money to fund Medicaid payments. On Feb. 6, the state made payments to Medicaid providers.)

As of close of business February 8th 2006, cash balances were:

            Budget Reserve             $   332,351,798.58

            General Revenue           $   409,814,471.44*

                      *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