Schedule  3
Lamar State College - Orange
Quarterly Investment Report
For the Quarter Ended August 31, 2007
Purchase Maturity Book Balance Additions Deductions Book Balance Market Balance Investment Income
Agency/Description Date Date 5/31/2007 Purchases Earnings Returns 8/31/2007 8/31/2007 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 5/31/2007 OPEN  $    7,189,847.41  $      500,000.00  $    95,418.48  $    100,000.00  $   7,685,265.89  $    95,418.48  $     385,461.34
         TexPool - at Market  $    7,189,847.41  $  7,685,265.89
                 
Total Short-Term Investments    
      At Cost  $    7,189,847.41  $      500,000.00  $    95,418.48  $    100,000.00  $   7,685,265.89  $    95,418.48  $     385,461.34
      At Market  $    7,189,847.41                  $  7,685,265.89        
 
 
Average Earnings Rate 5.20%
Benchmark Rate (See Note A) 4.53%   0.95*(0.0516+0.0513+0.04825)/3
Over/Under Realization 0.67%
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
  02/28/2007                   $ 3,556,213.85
  05/31/2007                   $ 3,487,514.38
  08/31/2007                   $ 3,153,579.87