TRANSMITTAL LETTER FOR BOARD MEETING OF FEBRUARY 18, 2010
COMMITTEE ON FINANCE
Mr. Richard Lanyon, Executive Director
Title
Report on the investment interest income during January 2010
Body
Dear Sir:
Attached is a report of cash investment interest income received by the District for the month of January 2010 and a comparison of income for the same period in 2009.
The District’s inventory of investments at January 31, 2010, consisted of 158 items having a total par value of $910,549,038.82, an average annual yield of 1.1%, and total interest income to maturity of approximately $20.1 million. Inventory figures at the same date in 2009 were 138 items having a total par value of $607,688,467.61, an average annual yield of 1.95%, and interest income to maturity of approximately $10.4 million.
Respectfully Submitted, Harold G. Downs, Treasurer, HGD:wns
Attachment