PRESS RELEASE Office of Missouri State Treasurer Sarah Steelman FOR IMMEDIATE RELEASE  --  May 05, 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 (4/27/06 through 4/5/06)

            Avg. Portfolio Book Value:   $     3,392,585,958.41

            Avg. Yield:                                         4.351 percent

Unclaimed Property Division (4/27/06 through 4/5/06)

            Amount Returned To Owners:      $     248,193.87

            Number of Accounts Returned:                       676

Banking Division (4/27/06 through 4/5/06)

            State Receipts:                            $    533,250,081.24

            State Disbursements:                   $    329,098,639.23

            Electronic Transfers:                                        63,157

            Checks Issued:                                              119,725

            Checks Cleared:                                             85,967

                      (Note: On April 28, the state paid semi-monthly payroll and made MoDot contractor disbursements. On May 3, the state received federal money to fund Medicaid payments.)

As of close of business May 3rd 2006, cash balances were:

            Budget Reserve                          $   260,593,522.87

            General Revenue                        $   759,028,249.72*

                      *The GR balance shown is from close of businesses on May 3 and reflects a $225 million cash flow loan from Budget Reserve. On May 4, the $225 million cash flow loan was repaid from GR to Budget Reserve. Interest in the amount of $4,376,753.42 was paid to 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