ANGELINA COUNTY JUNIOR COLLEGE DISTRICT
SUMMARY OF INVESTMENTS
AT AUGUST 31, 2006
						Book Value	%		Market Value	%
Long-term Securities
Debt Securities
	U.S. Government Obligations
		Direct-Treasuries
		Guaranteed
			Mortgage-Backed			$      467,483.75	5.96%		$      460,190.40	5.57%
		Federal Reserve Bank
Total U.S. Government Obligations						467,483.75	5.96%		460,190.40	5.57%
	U.S. Government Agencies (non-Gtd.)
		Mortgage-Backed
		Other
	Total U.S. Government Agencies (non-Gtd.)
	Foreign Government Obligations
	Municipal and County Bonds
	Corporate Bonds
	Other
		Total Debt Securities				467,483.75	5.96%		460,190.40	5.57%
Equity Securities
	Common Stocks and Other Equities
	Index Funds
	Mutual Funds					521,094.45	6.64%		544,872.43	6.59%
	Other
		Total Equity Securities				521,094.45	6.64%		544,872.43	6.59%
		Total Long-Term Securities				988,578.20	12.60%		1,005,062.83	12.16%
Short-term Securities
	U.S. Govt (Direct & guaranteed)
	U.S. Govt Agencies (Non-Gtd)
	Corporate Bonds
	TexPool
	Other
		Total Short-Term Securities				-			-
Cash and Cash Equivalents
	Cash
	Certificates of Deposit					6,736,601.00	85.84%		6,679,858.70	80.80%
	Money Markets					122,275.64	1.56%		122,275.64	1.48%
	Commercial Paper
		Total Cash and Cash Equivalents				6,858,876.64	87.40%		6,802,134.34	82.28%
		Total Investments				$   7,847,454.84	100.00%		$   7,807,197.17	94.43%
The investment portfolio of Angelina College is in compliance with the investment strategy expressed in the investment
policy and other relevant provisions of Local Government Code, Section 2256, the Public Funds Investment Act.
Larry Phillips			_____________________________			Steve Watters	________________________________
				Michaelyn Greene    ___________________________________
ANGELINA COUNTY JUNIOR COLLEGE DISTRICT
SUMMARY OF E & G FUND INVESTMENT ASSETS
AT AUGUST 31, 2006
						Book Value	%		Market Value	%
Long-term Securities
Debt Securities
	U.S. Government Obligations
		Direct-Treasuries
		Guaranteed
			Mortgage-Backed
		Federal Reserve Bank
Total U.S. Government Obligations
	U.S. Government Agencies (non-Gtd.)
		Mortgage-Backed
		Other
	Total U.S. Government Agencies (non-Gtd.)
	Foreign Government Obligations
	Municipal and County Bonds
	Corporate Bonds
	Other
		Total Debt Securities				$                   -			$                   -
Equity Securities
	Common Stocks and Other Equities
	Index Funds
	Mutual Funds
	Other
		Total Equity Securities
		Total Long-Term Securities				-			-
Short-term Securities
	U.S. Govt (Direct & guaranteed)
	U.S. Govt Agencies (Non-Gtd)
	Corporate Bonds
	TexPool
	Other
		Total Short-Term Securities				-			-
Cash and Cash Equivalents
	Cash
	Certificates of Deposit					700,000.00	100.00%		700,000.00	100.00%
	Money Markets
	Commercial Paper
		Total Cash and Cash Equivalents				700,000.00	100.00%		700,000.00	100.00%
		Total Investments				$      700,000.00	100.00%		$      700,000.00	100.00%
The investment portfolio of Angelina College is in compliance with the investment strategy expressed in the investment
policy and other relevant provisions of Local Government Code, Section 2256, the Public Funds Investment Act.
Larry Phillips			_____________________________			Steve Watters	________________________________
				Michaelyn Greene    ___________________________________
ANGELINA COUNTY JUNIOR COLLEGE DISTRICT
SUMMARY OF CURRENT FUND INVESTMENT ASSETS
AT AUGUST 31, 2006
						Book Value	%		Market Value	%
Long-term Securities
Debt Securities
	U.S. Government Obligations
		Direct-Treasuries
		Guaranteed
			Mortgage-Backed
		Federal Reserve Bank
Total U.S. Government Obligations
	U.S. Government Agencies (non-Gtd.)
		Mortgage-Backed
		Other
	Total U.S. Government Agencies (non-Gtd.)
	Foreign Government Obligations
	Municipal and County Bonds
	Corporate Bonds
	Other
		Total Debt Securities				$                   -			$                   -
Equity Securities
	Common Stocks and Other Equities
	Index Funds
	Mutual Funds
	Other
		Total Equity Securities
		Total Long-Term Securities				-			-
Short-term Securities
	U.S. Govt (Direct & guaranteed)
	U.S. Govt Agencies (Non-Gtd)
	Corporate Bonds
	TexPool
	Other
		Total Short-Term Securities				-			-
Cash and Cash Equivalents
	Cash
	Certificates of Deposit					2,625,000.00	100.00%		2,625,000.00	100.00%
	Money Markets
	Commercial Paper
		Total Cash and Cash Equivalents				2,625,000.00	100.00%		2,625,000.00	100.00%
		Total Investments				$   2,625,000.00	100.00%		$   2,625,000.00	100.00%
The investment portfolio of Angelina College is in compliance with the investment strategy expressed in the investment
policy and other relevant provisions of Local Government Code, Section 2256, the Public Funds Investment Act.
Larry Phillips			_____________________________			Steve Watters	________________________________
				Michaelyn Greene    ___________________________________
ANGELINA COUNTY JUNIOR COLLEGE DISTRICT
SUMMARY OF ENDOWMENT FUND INVESTMENT ASSETS
AT AUGUST 31, 2006
						Book Value	%		Market Value	%
Long-term Securities
Debt Securities
	U.S. Government Obligations
		Direct-Treasuries
		Guaranteed
			Mortgage-Backed			$      467,483.75	12.39%		$      460,190.40	12.33%
		Federal Reserve Bank
Total U.S. Government Obligations						467,483.75	12.39%		460,190.40	12.33%
	U.S. Government Agencies (non-Gtd.)
		Mortgage-Backed
		Other
	Total U.S. Government Agencies (non-Gtd.)
	Foreign Government Obligations
	Municipal and County Bonds
	Corporate Bonds
	Other
		Total Debt Securities				467,483.75	12.39%		460,190.40	12.33%
Equity Securities
	Common Stocks and Other Equities
	Index Funds
	Mutual Funds					521,094.45	13.82%		544,872.43	14.60%
	Other
		Total Equity Securities				521,094.45	13.82%		544,872.43	14.60%
		Total Long-Term Securities				988,578.20	26.21%		1,005,062.83	26.93%
Short-term Securities
	U.S. Govt (Direct & guaranteed)
	U.S. Govt Agencies (Non-Gtd)
	Corporate Bonds
	TexPool
	Other
		Total Short-Term Securities				-			-
Cash and Cash Equivalents
	Cash
	Certificates of Deposit					2,660,601.00	70.55%		2,603,858.70	69.79%
	Money Markets					122,275.64	3.24%		122,275.64	3.28%
	Commercial Paper
		Total Cash and Cash Equivalents				2,782,876.64	73.79%		2,726,134.34	73.07%
		Total Investments				$   3,771,454.84	100.00%		$   3,731,197.17	100.00%
The investment portfolio of Angelina College is in compliance with the investment strategy expressed in the investment
policy and other relevant provisions of Local Government Code, Section 2256, the Public Funds Investment Act.
Larry Phillips			_____________________________			Steve Watters	________________________________
				Michaelyn Greene    ___________________________________
ANGELINA COUNTY JUNIOR COLLEGE DISTRICT
SUMMARY OF DEBT SERVICE FUND INVESTMENT ASSETS
AT AUGUST 31, 2006
						Book Value	%		Market Value	%
Long-term Securities
Debt Securities
	U.S. Government Obligations
		Direct-Treasuries
		Guaranteed
			Mortgage-Backed
		Federal Reserve Bank
Total U.S. Government Obligations
	U.S. Government Agencies (non-Gtd.)
		Mortgage-Backed
		Other
	Total U.S. Government Agencies (non-Gtd.)
	Foreign Government Obligations
	Municipal and County Bonds
	Corporate Bonds
	Other
		Total Debt Securities				$                   -			$                   -
Equity Securities
	Common Stocks and Other Equities
	Index Funds
	Mutual Funds
	Other
		Total Equity Securities
		Total Long-Term Securities				-			-
Short-term Securities
	U.S. Govt (Direct & guaranteed)
	U.S. Govt Agencies (Non-Gtd)
	Corporate Bonds
	TexPool
	Other
		Total Short-Term Securities				-			-
Cash and Cash Equivalents
	Cash
	Certificates of Deposit					751,000.00	100.00%		751,000.00	100.00%
	Money Markets
	Commercial Paper
		Total Cash and Cash Equivalents				751,000.00	100.00%		751,000.00	100.00%
		Total Investments				$      751,000.00	100.00%		$      751,000.00	100.00%
The investment portfolio of Angelina College is in compliance with the investment strategy expressed in the investment
policy and other relevant provisions of Local Government Code, Section 2256, the Public Funds Investment Act.
Larry Phillips			_____________________________			Steve Watters	________________________________
				Michaelyn Greene    ___________________________________
					STATEMENT OF CHANGES