PRESS RELEASE

Office of Missouri State Treasurer
Sarah Steelman

FOR IMMEDIATE RELEASE  --  October 27, 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 (10/19/06 through 10/25/06)


            Interest Earnings:                   $             3,312,564.46

            Avg. Portfolio Book Value:   $      3,546,348,371.21

            Avg. Yield:                                           4.871 percent


Unclaimed Property Division (10/19/06 through 10/25/06)

            Amount Returned To Owners:      $         430,346.64

            Number of Accounts Returned:                        1,075


Banking Division (10/19/06 through 10/25/06)

            State Receipts:                              $        363,560,680.58

            State Disbursements:                    $         683,077,918.61

            Electronic Transfers:                                             17,657

            Checks Issued:                                                     32,142

            Checks Cleared:                                                   37,437


(Note: On Oct. 19, the state received federal money for the Dept. of Social Services. On Oct. 20, the state made payments to Medicaid providers and a distribution to schools. On Oct. 25, the state received federal money for the Dept. of Social Services.)



As of close of business October 25th 2006, cash balances were:

            Budget Reserve                           $   519,257,755.31*

            General Revenue                         $   362,219,946.87

*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. On Oct. 20, the loan was repaid with interest.

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