Schedule  3
Lamar State College - Orange
Quarterly Investment Report
For the Quarter Ended August 31, 2006
Purchase Maturity Book Balance Additions Deductions Book Balance Market Balance Investment Income
Agency/Description Date Date 5/31/2006 Purchases Earnings Returns 8/31/2006 8/31/2006 Current Quarter FY-to-Date
Short-Term Investments (less than 1 year):
     Pooled Investments
          Discount Note - At Cost    
          Discount Note - At Market    
         TexPool - at Cost 5/31/2006 OPEN  $    6,506,042.23  $    2,260,000.00  $    83,787.32  $  1,610,000.00  $   7,239,829.55  $    83,787.32  $     299,734.70
         TexPool - at Market  $    6,506,042.23  $  7,239,829.55
                 
Total Short-Term Investments    
      At Cost  $    6,506,042.23  $    2,260,000.00  $    83,787.32  $  1,610,000.00  $   7,239,829.55  $    83,787.32  $     299,734.70
      At Market  $    6,506,042.23                  $  7,239,829.55        
 
 
Average Earnings Rate 4.94%
Benchmark Rate (See Note A) 4.60%   0.95*(0.0472+0.0484+0.0497)/3
Over/Under Realization 0.34%
Note A:  The Benchmark Rate is 95% of the average 30-day T-bill rate, 
               on the first day of each month of the Quarter (from the Wall Street Journal)
Note B:   Balance of Fund 2 (0285-Local E & G) in State Treasury as of:
11/30/2005                      $ 2,012,803.79
02/28/2006                      $ 2,570,116.96
05/31/2006                      $ 2,570,650.08
08/31/2006                      $ 2,758,120.32