clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search		 search for:
clear space
white space
Annual Report of the Comptroller, 1999
Volume 362, Page 20   View pdf image (33K)
 Jump to  
   << PREVIOUS  NEXT >>
clear space clear space clear space white space

CASH MANAGEMENT

During the year, temporary surpluses of cash in general governmental funds were invested in repurchase
agreements, U.S. Treasury and agency obligations, and money market accounts with maturities ranging from 1 to
365 days. As of June 30,1999, the State's cash resources for general governmental funds were invested as follows:
in repurchase agreements, 92.3%; in U.S. Treasury and agency obligations, money market accounts and other, 7.7%.
The average yield on maturing investments during the year was 5.2%, as compared to 5.5% in the prior year, and
the amount of interest received was $174,945,000 which was $23,502,000 more than the previous year.

The Average Yield on Maturing Investments

7%

Source: Investments Report, State Treasurer's Office, 1999.

Interest Received on Maturing Investments of General
Governmental Funds

Source: Investments Report, State Treasurer's Office, 1999.

20

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Annual Report of the Comptroller, 1999
Volume 362, Page 20   View pdf image (33K)
 Jump to  
   << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.

Tell Us What You Think About the Maryland State Archives Website!

An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  November 18, 2025
Maryland State Archives