Entities that are closely related to the State, in agreement with the State Treasurer, may elect to place funds on deposit with the State, thus participating in the Treasurer's investment activities and earnings. These component units of the State are defined as entities that are legally separate from the State but are either accountable to the State or related so closely to the State that exclusion would cause the State's financial statements to be misleading or incomplete. Component Unit funds on deposit are provided same day liquidity by the Treasurer's Office in the event that a withdrawal is requested; however, the Treasurer's Office requests several days notice for larger withdrawals in order to schedule for efficient cash flows.
Component Unit participation in the Treasurer's Cash Pool as of June 30, 2024 is presented below:
|
Component Unit Participation in Treasurer's Cash Pool June 30, 2024 |
|
|---|---|
| Total Cash Invested 6/30/24: | $ 4,099,157,357.79 |
| Unmatured Earnings in 0084: | $ 75,795,721.45 |
| Amount of Purchases Interest: | $ - |
| Treasurer's Total Cash Pool Value: |
$ 4,174,953,079.50
|
| Market Value of Portfolio: | $ 4,100,590,204.50 |
| Component | 6/30/24 Fund Balance | Adjustments | June 2024 Cashpool Earnings dist'd July | Adjusted 6/30/24 Balance |
% of Cash Pool
|
6/30/24 Market Value |
|---|---|---|---|---|---|---|
| University of Maine |
20,051,433.02
|
97,364.33
|
20,148,797.35
|
0.483% | 19,789,913.68 | |
| Maine Connectivity Authority | 373,772.50 | 1,423.41 | 375,195.91 | 0.009% | 368,513.05 | |
| Maine Maritime Academy |
18.67
|
2,940.83
|
2,959.50
|
0.000% | 2,906.79 | |
| FAME |
40,691,840.24
|
78,774.00 |
165,223.61
|
40,935,837.85
|
0.981% | 40,206,702.33 |
| ME Community College System |
29,084,026.34
|
107,484.05
|
29,191,510.39
|
0.699% | 28,671,560.92 | |
| MHEFA Loss Mitigation Fund |
-
|
-
|
-
|
0.000% | - | |
| MMBB - Transcap | 88,343,108.94 | 358,848.01 | 88,701,956.95 | 2.125% | 87,122,027.21 | |
| MMBB - Liquor Operation | - | - | - | 0.00% | - | |
|
178,544,199.71
|
78,774.00 |
733,284.24
|
179,356,257.95
|
4.296% | 176,161,623.98 | |
| Non Component | ||||||
| ME Veteran's Home |
-
|
-
|
-
|
0.000% | - | |
| Mount Vernon |
16,214.57
|
61.75
|
16,276.32
|
0.000% | 15,986.41 | |
| Universal Childhood Immunization |
6,157,022.06
|
11,478.37
|
6,168,500.43 | 0.148% | 6,058,629.15 | |
|
6,173,236.63
|
11,540.12
|
6,184,776.75 | 0.148% | 6,074,615.56 | ||
| Total |
184,717,436.34
|
78,744.00 |
744,824.36
|
185,541,034.70
|
4.444% | $182,236,239.54 |