Fiscal Year Report 2003
Fiscal Year Report 2003
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In our eReader you can find the full English version of the book. Read Fiscal Year Report 2003 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Fiscal Year Report 2003
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B-22 21,605,295 $ 47,498,749 209 850,240 (187) (761,481) (322,224) (321,480) 1,002,463 2,929,723 22,285,556 50,195,751 22.033.115 49.193,288 252.441 $ 1.002.463 STATE OF MONTANA BOARD OF INVESTMENTS SHORT TERM INVESTMENT POOL - NOTES TO FINANCIAL STATEMENTS JUNE 30, 2003 AND 2002 1. HISTORY AND ORGANIZATION The Board was created by an act of the Legislature to invest and manage the State of Montana's investment funds on a centralized basis. The Short Term Investment Pool (STIP) was created by t...he Board to allow qualifying funds, per sections 17-6-201, 202 and 204, MCA, to participate in a diversified pool. Although state agencies are legally required to invest in STIP, local governments may voluntarily participate in STIP.
The purpose of STIP is to obtain the highest possible return, yet maintain a highly liquid position whereby funds may be invested for relatively short periods, one day or more, depending upon the participant's anticipated use of the funds. The investments and the income from STIP are owned by the participants, as they purchase units, and are managed on their behalf by the Board.
What to read after Fiscal Year Report 2003?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Board of Investments to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
B-22 21,605,295 $ 47,498,749 209 850,240 (187) (761,481) (322,224) (321,480) 1,002,463 2,929,723 22,285,556 50,195,751 22.033.115 49.193,288 252.441 $ 1.002.463 STATE OF MONTANA BOARD OF INVESTMENTS SHORT TERM INVESTMENT POOL - NOTES TO FINANCIAL STATEMENTS JUNE 30, 2003 AND 2002 1. HISTORY AND ORGANIZATION The Board was created by an act of the Legislature to invest and manage the State of Montana's investment funds on a centralized basis. The Short Term Investment Pool (STIP) was created by t...he Board to allow qualifying funds, per sections 17-6-201, 202 and 204, MCA, to participate in a diversified pool. Although state agencies are legally required to invest in STIP, local governments may voluntarily participate in STIP.
The purpose of STIP is to obtain the highest possible return, yet maintain a highly liquid position whereby funds may be invested for relatively short periods, one day or more, depending upon the participant's anticipated use of the funds. The investments and the income from STIP are owned by the participants, as they purchase units, and are managed on their behalf by the Board.
What to read after Fiscal Year Report 2003?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Board of Investments to read onlineMoreLess
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