Texarkana College
			Investment Report
			May 2007
	Summary of Investments
			May 30, 2007		May 30, 2007
			Book Value		Market Value
	Equity Securities:
	U.S. Common Stock
	Equity Mutual Funds
	Other Equity Securities (list)
	Total Equities
	Other Investments:
	Real Estate
	Private Equity
	Annuities
	Collective Endowment Funds
	Commodities
	Collectibles
	Other (list)
	Total Other Investments
	Debt Investments >1 year:
	U.S. Government
	U.S. Government Agency
	Mortgage Pass Throughs
	C.M.O.s
	Interest Only Strips
	Principal Only Strips
	Inverse Floaters
	Stated Maturities longer than 10 years
	PFIA Compliant C.M.O.s
	Other Asset-Backed Bonds
	Foreign Issued Obligations
	Municipal Obligations
	Corporate Obligations
	Highly Rated (AAA/AA)
	Investment Grade (A/BBB)
	NR/High Yield (<BBB)
	G.I.C’s
	Bond Mutual Funds
	Other (list)
	Total Debt >1 year
	Short Term Investments:
	U.S. Government
	U.S. Government Agency		$990,011.00		$972,950.00
	C.D.’s/B.A.’s		$19,391,930.00		$19,391,930.00
	A1/P1 Commercial Paper
	Repurchase Agreements
	TexPool
	Other Money Market Funds & Pools
	Bank Deposits		$475,664.00		$475,664.00
	Cash Held at State Treasury
	Other (list) Petty Cash on Hand		$7,311.00		$7,311.00
	Other (list) Municipal Bonds
	Other (list) Mutual Funds		$22,063.00		$21,453.00
	Total Short Term Investments		$20,886,979.00		$20,869,308.00
	TOTAL INVESTMENTS:		$20,886,979.00		$20,869,308.00