Agenda Item No.



Washburn University Board of Regents







SUBJECT: Public Fund Investments - December







DESCRIPTION: The Treasurer reports the following public fund investments:









Amount Investment Period Date of Investment Successful Bidder Rate



$9,300,000 182 days 12-19-00 Capitol Federal 6.55%

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:



This investment will generate the following interest income at maturity:

Building Construction $ 36,491.53
Employee Benefit 149,392.98
Tort 33,188.15
Agency 73,044.80
Capital Improvement 3,334.24
Government & Research 13,275.26

Total

$308,726.96





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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