Angelina County Junior College District
Statement of Changes in E & G Fund Investment Assets
Quarter Ended May 31, 2007
			Book Value		Market Value
Beginning Investment Assets - 02/28/07			$    200,000.00		$    200,000.00
Additions			0.00		0.00
Investment Income			0.00		0.00
Distributions			(200,000.00)		(200,000.00)
Changes in Net Unrealized Appreciation/
(Depreciation)			0.00		0.00
Ending Investment Assets  - 05/31/07			0.00		0.00
Angelina County Junior College District
Statement of Changes in Current Fund Investment Assets
Quarter Ended May 31, 2007
			Book Value		Market Value
Beginning Investment Assets - 02/28/07			$ 3,525,000.00		$ 3,525,000.00
Additions			200,000.00		200,000.00
Investment Income			0.00		0.00
Distributions			(400,000.00)		(400,000.00)
Changes in Net Unrealized Appreciation/
(Depreciation)			0.00		0.00
Ending Investment Assets  - 05/31/07			$ 3,325,000.00		$ 3,325,000.00
Angelina County Junior College District
Statement of Changes in Endowment Fund Investment Assets
Quarter Ended May 31, 2007
			Book Value		Market Value
Beginning Investment Assets - 02/28/07			$ 4,323,979.41		$ 4,322,471.09
Receipts/Contributions			0.00		0.00
Investment Income			45,432.76		45,432.76
Distributions			(67,000.00)		(67,000.00)
Net Realized Gains (Losses)			0.00		0.00
Changes in Net Unrealized Appreciation/
(Depreciation)					112,021.67
Ending Investment Assets  - 05/31/07			$ 4,302,412.17		$ 4,412,925.52
Angelina County Junior College District
Statement of Changes in Debt Service Fund Investment Assets
Quarter Ended May 31, 2007
			Book Value		Market Value
Beginning Investment Assets - 02/28/07			$ 1,088,000.00		$ 1,088,000.00
Additions			479,000.00		479,000.00
Investment Income			0.00		0.00
Distributions			(628,000.00)		(628,000.00)
Changes in Net Unrealized Appreciation/
(Depreciation)			0.00		0.00
Ending Investment Assets  - 05/31/07			$    939,000.00		$    939,000.00