Schedule  3
Lamar State College - Orange
Quarterly Investment Report
For the Quarter Ended November 30, 2007
Purchase Maturity Book Balance Additions Deductions Book Balance Market Balance Investment Income
Agency/Description Date Date 2007.08.31 Purchases Earnings Returns 2007.11.30 2007.11.30 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 2007.08.31 OPEN  $    7,685,265.89  $      400,000.00  $    97,767.39  $   8,183,033.28  $    97,767.39  $       97,767.39
         TexPool - at Market  $    7,685,265.89  $  8,183,033.28
                 
Total Short-Term Investments    
      At Cost  $    7,685,265.89  $      400,000.00  $    97,767.39  $                 -    $   8,183,033.28  $    97,767.39  $       97,767.39
      At Market  $    7,685,265.89                  $  8,183,033.28        
 
 
Average Earnings Rate 5.00%
Benchmark Rate (See Note A) 3.96%   0.95*(0.046+0.0393+0.0397)/3
Over/Under Realization 1.04%
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:
  11/30/2007                   $ 3,224,720.14