Agenda Item No. IV. D. 3.

Washburn University Board of Regents





SUBJECT: Public Fund Investments - December, 2005



DESCRIPTION: The Treasurer reports the following public fund investments:



Amount

Investment Period

Date of Investment

Successful Bidder

Rate

$4,000,000

100 Days

12-20-05

Capital City

4.46%

$1,000,000

187 Days

12-20-05

Capital City

4.61%

$2,000,000

365 Days

12-20-05

Capital City

4.71%

$1,200,000

282 Days

12-20-05

Capital City

4.66%

$3,096,000

100 Days

12-20-05

Capitol Federal

4.27%













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

$ 42,768

Debt Retirement Fund

7,968

Building & Construction Fund

34,266

Tort Claim Fund

47,100

Agency Fund

41,981

Smoothing Fund

72,288

Total

$246,371





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


[ WU Home ] [ Directory ] [ A-Z Index ] [ Sitemap ] [ Contact WU ] [ Statements & Disclosures ] [ Accessibility ] [ Search ]
© 2014 Washburn University, 1700 SW College Ave, Topeka, Kansas 66621 (785) 670-1010
Contact webmaster@washburn.edu with questions or comments.