Wharton County Junior College

Summary of Investments

August 31, 2002

August 31, 2002

Investment Type

Book Value

Market Value

Equity Securities

U.S. Common Stock

$87,447

$87,447

Equity Mutual Funds

0

0

Other Equity Securities (list)

0

0

Total Equity Securities

$87,447

$87,447

Other Investments

Real Estate

$0

$0

Private Equity

0

0

Annuities

0

0

Collective Endowment Funds

0

0

Commodities

0

0

Collectibles

0

0

Other (list)

0

0

Total Other Investments

$0

$0

Debt Investments>1 year

U.S. Government

$1,057,500

$1,057,500

U.S. Government Agency

Mortgage Pass-Throughs

CMOs:

     Interest Only Strips

     Principal Only Strips

     Inverse Floaters

     Stated Maturities longer than 10 years

     PFIA Compliant CMOs

Other Asset-Backed Bonds

Foreign Issued Obligations

Municipal Obligations

Corporate Obligations:

     Highly Rated (AAA/AA)

     Investment Grade (A/BBB)

     NR/High Yield (<BBB)

GICs

Bond Mutual Funds

Other (list)

Total Debt Investments>1 year

$1,057,500

$1,057,500

Short Term Investments

U.S. Government

U.S. Government Agency

CDs/Bas

2,868,136

2,868,136

A1/P1 Commercial Paper

Repurchase Agreements

TexPool

6,153,427

6,153,427

Other Money Market Funds and Pools

Bank Deposits

2,192,630

2,192,630

Cash Held at State Treasury

Other (list)

Total Short Term Investments

$11,214,192

$11,214,192

TOTAL INVESTMENTS

$12,359,139

$12,359,139