TRANSMITTAL LETTER FOR BOARD MEETING OF AUGUST 12, 2010
COMMITTEE ON FINANCE
Mr. Richard Lanyon, Executive Director
Title
Report on the investment interest income during June 2010
Body
Dear Sir:
Attached is a report of cash investment interest income received by the District for the month of June 2010 and a comparison of income for the same period in 2009.
The District’s inventory of investments at June 30, 2010, consisted of 226 items having a total par value of $882,919,048.96, an average annual yield of 1.06%, and total interest income to maturity of approximately $20.0 million. Inventory figures at the same date in 2009 were 217 items having a total par value of $598,197,691.25, an average annual yield of 1.16%, and interest income to maturity of approximately $5.7 million.
Respectfully Submitted, Harold G. Downs, Treasurer, HGD:wns
Attachment