PRESS RELEASE Office of Missouri State Treasurer Sarah Steelman FOR IMMEDIATE RELEASE  --  February 17, 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 (2/9/06 through 2/15/06)

            Avg. Portfolio Book Value:   $     3,091,643,407.93

            Avg. Yield:    3.980 percent.

Unclaimed Property Division (2/9/06 through 2/15/06)

            Amount Returned To Owners:      $       381,605.45

            Number of Accounts Returned:                         888

Banking Division (2/9/06 through 2/15/06)

            State Receipts:            $ 273,439,042.11

            State Disbursements:   $ 381,078,562.25

            Electronic Transfers:                   125,153

            Checks Issued:                           142,953

            Checks Cleared:                         143,233

                      (Note: On Feb. 15, the state made a distribution to schools, paid state semi-monthly payroll and made MoDOT contractor disbursements.)

As of close of business February 16th 2006, cash balances were:

            Budget Reserve             $   324,813,962.25

            General Revenue           $   164,796,650.81*

                      *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