Texas Permanent School Fund Comprehensive Annual Financial Report: 2015 Page: 87
98 p.View a full description of this report.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
Increase
Total Investment (Decrease) Over Net Income Other Total Income
Year Fund Previous Year 2 From Investments 3 Income 4 From Operations Distributions
1854 $ 2,000,000 $ - $ - $ - $ - $ -
1900 9,102,873 682,284 337,437 445,705 783,142 -
1910 16,752,407 712,842 628,669 1,341,858 1,970,527 -
1920 25,698,282 2,832,785 899,946 1,988,609 2,888,555 -
1930 38,718,106 2,349,227 1,668,949 1,100,598 2,769,547 -
1940 68,299,082 5,119,511 2,353,046 978,828 3,331,874 -
1950 161,179,979 10,891,509 3,586,117 399,857 3,985,974 -
1961 454,391,643 28,570,043 13,474,481 291,955 13,766,436 4,593,565
1970 842,217,721 43,557,978 34,114,113 648,842 34,762,955 -
1980 2,464,579,397 401,868,617 158,079,171 8,396,255 166,475,426 -
1990 8,930,703,666 (160,746,667) 671,049,192 3,585,802 674,634,994 -
2000 22,275,586,452 2,659,856,111 694,916,560 3,570,745 698,487,305 -
2006 22,802,708,177 1,448,374,450 - - - 841,878,709
2007 25,311,835,346 2,509,127,169 - - - 843,136,949
2008 23,142,393,002 (2,169,442,344) - - - 716,534,543
2009 20,545,271,679 (2,597,121,323) - - - 716,533,764
2010 22,107,795,468 1,562,523,789 - - - 60,700,000
2011 24,091,592,601 1,983,797,133 - - - 1,092,809,024
2012 25,502,953,268 1,411,360,667 - - - 1,020,886,917
2013 27,165,474,239 1,662,520,971 - - - 1,020,886,919
2014 30,709,230,670 3,543,756,431 - - - 838,672,346
2015 28,949,453,126 (1,759,777,544) - - - 838,672,334
1 Includes cash, stocks at cost, and bonds at par (1854-1986). Beginning in 1987 and thereafter, the total investment fund is reported
using fair values.
2 Includes revenue from GLO, gains and losses on security transactions, and increases/decreases in the fair value of the portfolios.
3 For 2004, income from investments includes interest and dividends on debt and equity securities respectively, interest on funds in
the State Treasury, and securities lending proceeds. Due to the change to the total return methodology, the net income from
investments is through September 29, 2003 only.
For 2003, income from investments includes interest and dividends on debt and equity securities respectively, interest on funds in
accrual basis of accounting.
For the years 1994-2002, income from investments includes interest and dividends on debt and equity securities respectively,
interest on funds in the State Treasury, and securities lending proceeds.
For the years 1987-1993, income from investments includes interest and dividends on debt and equity securities, respectively and
interest on funds in the State Treasury.
For the years 1854-1986, income from investments includes interest and dividends on debt and equity securities, respectively.
4 For the years 1987-2004, other income includes interest on land notes and interest payments and surface rental income from land
owned by the Fund. (Surface rental income included beginning with fiscal year 1979).
For the years 1854-1986, other income includes interest on funds in the State Treasury, interest on land notes, and interest
payments and surface rental income from land owned by the Fund. (Surface rental income included beginning with fiscal year 1979).
One percent, or $4,593,565 and $4,625,982 was transferred to the ASF in 1961 and 1962 respectively (Sec. 5, S.B, 1, 57th
Legislature, 2nd Called Session). Beginning in fiscal year 2004, the ASF received a total return transfer amount in lieu of actual
revenue.87
TEXAS PERMANENT SCHOOL FUND
SCHEDULE OF HISTORICAL EARNED INCOME - PSF(SBOE)
AssIGNED TO THE AvAILABLE SCHOOL FUND
Upcoming Pages
Here’s what’s next.
Search Inside
This report can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Report.
Permanent School Fund (Texas). Texas Permanent School Fund Comprehensive Annual Financial Report: 2015, report, Autumn 2015; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth838482/m1/93/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting UNT Libraries Government Documents Department.