SUBJECT: Public Fund Investments - March, 2006
DESCRIPTION: The Treasurer reports the following public fund investments:
| Investment | Date of | Successful |
| $10,096,000 | 89 Days | 3-30-06 | Commerce | 5.02% |
| $3,000,000 | 265 Days | 3-30-06 | Commerce | 5.02% |
| $5,000,000 | 182 Days | 3-30-06 | Commerce | 5.02% |
| $5,000,000 | 364 Days | 3-30-06 | Kaw Valley | 5.03% |
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 | 61,173 |
| Debt Retirement Fund | 7,044 |
| Building Constr Fund | 335,172 |
| Agency Fund | 68,655 |
| Smoothing Fund | 136,843 |
| Total | $608,887 |
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