PRESS RELEASE

Office of Missouri State Treasurer
Sarah Steelman

FOR IMMEDIATE RELEASE  --  July 21, 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 (7/13/06 through 7/19/06)


            Interest Earnings:                   $            2,899,692.00

            Avg. Portfolio Book Value:   $     3,200,770,149.43

            Avg. Yield:                                         4.724 percent


Unclaimed Property Division (7/13/06 through 7/19/06)

            Amount Returned To Owners:      $        462,196.73

            Number of Accounts Returned:                       2,117


Banking Division (7/13/06 through 7/19/06)

 

            State Receipts:                            $     434,844,640.87

            State Disbursements:                   $     363,394,053.23

            Electronic Transfers:                                         67,447

            Checks Issued:                                                 46,443

            Checks Cleared:                                               37,235



            (Note: On July 14, the state received federal money to fund transportation projects, made a distribution to schools, paid state semi-monthly payroll and made MoDOT contractor disbursements. On July 18, the state received federal money to fund Medicaid payments.)


As of close of business July 19th 2006, cash balances were:

 

            Budget Reserve                          $   513,940,190.08*

            General Revenue                        $   395,920,786.22


            *On July 13, OA transferred $20,222,945 into the Budget Reserve Fund from the General Revenue Fund to adjust the balance per the Constitution, Art. IV, Section 27(a).8 to 7.5 percent of net GR collections in FY 2006.

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