Component Units

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 Cashpool as of June 30, 2017 is presented below:

Component Unit Participation in Treasurer's Cashpool

June 30, 2017

Total Cash Invested: $ 1,157,059,368.80
Unmatured Earnings: $2,999,804.52
Amount of Purchases Interest: $ 0.00
Treasurer's Total Cashpool Value: $1,160,059,173.32
Market Value of Portfolio: $1,156,366,498.35
 

Component 6/30/17 Fund Balance June 2017 Cashpool Earnings dist'd July Adjusted 6/30/17 Balance
% of Cash Pool
6/30/17 Market Value
University of Maine 5,189,625.27 23,181.54 5,212,806.81 0.449% $5,196,213.52
Maine Maritime Academy 13,692.69 275.33 13,968.02 0.001% $13,923.56
FAME 30,581,691.74 26,650.69 30,608,342.43 2.639% $30,510,910.62
ME Community College System 1,963,608.69 7,521.89 1,971,130.58 0.170% $1,964,856.12
MHEFA Loss Mitigation Fund 5,146,557.21 4,429.91 5,150,987.12 0.444% $5,134,590.61
42,895,175.60
62,059.36 42,957,234.96 3.703% $42,820,494.43
Non Component
ME Veteran's Home 1,236.73 1.06 1,237.79 0.000% $1,223.85
Mount Vernon 14,348.07 12.35 14,360.42 0.001% $14,314.71
Universal Childhood Immunization 12,214,406.91 10,719.81 12,225,126.72 1.054% $12,186,211.96
12,229,991.71 10,733.22 12,240,724.93 1.055%
$12,201,760.52
Total 55,125,167.31 72,792.58 55,197,959.89 4.758% $55,022,254.95