Schedule  3
Lamar State College - Orange
Quarterly Investment Report
For the Quarter Ended November 30, 2006
Purchase Maturity Book Balance Additions Deductions Book Balance Market Balance Investment Income
Agency/Description Date Date 8/31/2006 Purchases Earnings Returns 11/30/2006 11/30/2006 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 8/31/2006 OPEN  $    7,239,829.55  $                   -    $    95,638.46  $                 -    $   7,335,468.01  $    95,638.46  $       95,638.46
         TexPool - at Market  $    7,239,829.55  $  7,335,468.01
                 
Total Short-Term Investments    
      At Cost  $    7,239,829.55  $                   -    $    95,638.46  $                 -    $   7,335,468.01  $    95,638.46  $       95,638.46
      At Market  $    7,239,829.55                  $  7,335,468.01        
 
 
Average Earnings Rate 5.32%
Benchmark Rate (See Note A) 4.64%   0.95*(0.0451+0.0466+0.0514)/3
Over/Under Realization 0.68%
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:
  11/30/2006                   $ 2,964,993.33