Twelfth Annual Report of the Pooled Money Investment Board for the Fiscal Year 1967-68: Accomplishments; Challenges and Future Projections
- Identifier:
- CAC_CC_003_5_50_37_0001
- Contributing Institution:
- Carl Albert Congressional Research and Studies Center, University of Oklahoma, Norman, OK
- Title:
- Twelfth Annual Report of the Pooled Money Investment Board for the Fiscal Year 1967-68: Accomplishments; Challenges and Future Projections
- Date Created:
- 1973-01-01
- EDTF:
- 1973-01-01
- Creator:
- unknown
- Rights:
- http://rightsstatements.org/vocab/NKC/1.0/
- Language:
- eng
- Record Type:
- correspondence
- Collection:
- Dewey F. Bartlett Collection
- Collection Finding Aid:
- https://arc.libraryhost.com/repositories/3/resources/2
- Description:
- The Pooled Money Investment Board was created in 1955 to manage the state's cash and investments. The primary objectives are to keep all available money invested and obtain maximum returns. The Board oversees three investment programs and invests in federal securities, California state or municipal bonds, and interest-bearing time deposits. The Board's investments earned $56.6 million in fiscal year 1967-68, with an interest yield of 5.05 percent. The report highlights the increased resources and challenges faced by the program, as well as the importance of investment earnings as demands on state finances increase.
- Congress:
- 93rd (1973-1975)
- Physical Location:
- CAC_CC_003_5_50_37_0000, Box 50, Folder 37, University of Oklahoma, Carl Albert Center Archives, Norman, OK, Standard Shelving
- Location Represented:
- United States (nation), Oklahoma (state)
- Type:
- Text
- Extent:
- 4 Pages
