PRESS RELEASE Office of Missouri State Treasurer Sarah Steelman FOR IMMEDIATE RELEASE  --  October 20, 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 (10/12/06 through 10/18/06)

            Avg. Portfolio Book Value:   $      3,733,319.901.42

            Avg. Yield:                                           4.891 percent

Unclaimed Property Division (10/12/06 through 10/18/06)

            Amount Returned To Owners:      $         511,191.42

            Number of Accounts Returned:                        1,725

Banking Division (10/12/06 through 10/18/06)

            State Receipts:                              $        453,204,267.66

            State Disbursements:                    $         364,773,703.12

            Electronic Transfers:                                             68,581

            Checks Issued:                                                     42,564

            Checks Cleared:                                                   35,666

(Note: On Oct. 13, the state made MoDOT contractor disbursements. On Oct. 16, the state paid semi-monthly payroll. On Oct. 18, the state received federal money to make payments to Medicaid providers and for distribution to schools.)

As of close of business October 18th 2006, cash balances were:

            Budget Reserve                           $   515,533,486.18*

            General Revenue                         $   273,022,724.06

*On Oct. 16 there was a loan from the Budget Reserve Fund to the Mental Health Intergovernmental Transfer Fund (fund No. 0147) in the amount of $3,360,360.00.

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