PRESS RELEASE Office of Missouri State Treasurer Sarah Steelman FOR IMMEDIATE RELEASE  --  May 12, 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 (5/4/06 through 5/10/06)

            Avg. Portfolio Book Value:   $     3,517,141,137.75

            Avg. Yield:                                           4.382 percent

Unclaimed Property Division (5/4/06 through 5/10/06)

            Amount Returned To Owners:      $     215,183.79

            Number of Accounts Returned:                       823

Banking Division (5/4/06 through 5/10/06)

            State Receipts:                             $     260,467,533.66

            State Disbursements:                    $     343,674,897.17

            Electronic Transfers:                                          16,853

            Checks Issued:                                                  96,618

            Checks Cleared:                                                99,914

                      (Note: On May 4, the state received regular employer withholding remittances. On May 5, the state made payments to Medicaid providers.)

As of close of business May 10th 2006, cash balances were:

            Budget Reserve                           $   490,119,160.77

            General Revenue                         $   554,163,793.17*

                      *A $225 million cash flow loan from Budget Reserve to GR was repaid on May 5. 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