Agenda Item No. IV. D. 2.

Washburn University Board of Regents





SUBJECT: Public Fund Investments - December, 2004

DESCRIPTION: The Treasurer reports the following public fund investments:





Investment Date of Successful Rate


$3,596,000 101 days 12-20-04 Capital City 2.47%
$4,000,000 180 days 12-20-04 Capitol Federal 2.59%
$4,000,000 365 days 12-20-04 Kaw Valley 3.01%


Bids for investment of the University's public funds are solicited from area financial institutions in accordance with University policy and in conformance with State law regarding public fund investment (K.S.A. 9-1401 et. seq.)





FINANCIAL IMPLICATIONS: These investments will generate the following interest income at maturity:

General Fund 100,647
Debt Retirement Fund 4,670
Building Constr Fund 9,340
Tort Claim Fund 30,100
Agency Fund 24,050
Smoothing Fund 30,100
Total $198,907




RECOMMENDATION: President Farley recommends approval by the Board of Regents of the Public Fund Investments reported in the description above.





__________________ _________________________

date Jerry B. Farley, President


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