SUBJECT: Public Fund Investments - June, 2005
DESCRIPTION: The Treasurer reports the following public fund investments:
| Investment | Date of | Successful | Rate |
| $3,000,000 | 175 Days | 6-28-05 | Capital City | 3.51% |
| $3,596,000 | 93 Days | 6-28-05 | Capital City | 3.41% |
| $2,000,000 | 275 Days | 6-28-05 | Commerce | 3.63% |
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 | $ 33,657 |
| Debt Retirement | 5,936 |
| Building Construction | 66,572 |
| Agency Fund | 30,264 |
| Total | $136,429 |
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