Table 4a(1) Cash and Investment Holdings of State and Local Government Employee-Retirement Systems by State and Level of Government: Fiscal Year 2005-2006 (Thousand dollars) Cash and deposits ------------------------------------------------- Time, savings deposits and nonfederal State and level Cash and short-term of government Total Total demand deposits investments United States 2,912,494,412 92,891,182 17,232,723 75,658,459 State 2,424,307,044 70,075,572 9,640,465 60,435,107 Local 488,187,368 22,815,610 7,592,258 15,223,352 Alabama 30,384,044 1,095,426 38,601 1,056,825 State 28,127,326 1,011,063 15,804 995,259 Local 2,256,718 84,363 22,797 61,566 Alaska 14,799,314 479,375 7,440 471,935 State 14,404,066 472,920 985 471,935 Local 395,248 6,455 6,455 0 Arizona 32,500,260 510,159 121,684 388,475 State 30,102,580 392,547 37,003 355,544 Local 2,397,680 117,612 84,681 32,931 Arkansas 17,616,485 530,103 72,310 457,793 State 17,317,314 510,313 53,681 456,632 Local 299,171 19,790 18,629 1,161 California 562,972,331 14,013,591 2,417,324 11,596,267 State 410,543,406 4,917,762 641,861 4,275,901 Local 152,428,925 9,095,829 1,775,463 7,320,366 Colorado 43,462,858 918,864 171,793 747,071 State 37,769,960 725,503 2,615 722,888 Local 5,692,898 193,361 169,178 24,183 Connecticut 28,562,577 654,840 137,370 517,470 State 22,710,609 408,984 5,372 403,612 Local 5,851,968 245,856 131,998 113,858 Delaware 6,135,813 118,136 37,871 80,265 State 5,609,100 87,612 12,568 75,044 Local 526,713 30,524 25,303 5,221 District of Columbia 6,494,734 402,498 246,429 156,069 State 0 0 0 0 Local 6,494,734 402,498 246,429 156,069 Florida 135,805,678 6,761,622 1,168,438 5,593,184 State 120,255,314 6,047,161 812,925 5,234,236 Local 15,550,364 714,461 355,513 358,948 Georgia 67,047,834 1,261,230 160,393 1,100,837 State 61,707,983 1,051,487 9,067 1,042,420 Local 5,339,851 209,743 151,326 58,417 Hawaii 12,681,533 580,429 48,920 531,509 State 12,681,533 580,429 48,920 531,509 Local 0 0 0 0 Idaho 9,618,449 541,150 4,153 536,997 State 9,601,039 540,314 3,693 536,621 Local 17,410 836 460 376 Illinois 126,956,280 4,780,086 2,258,448 2,521,638 State 84,403,989 2,891,172 1,230,673 1,660,499 Local 42,552,291 1,888,914 1,027,775 861,139 Indiana 27,672,065 534,403 527,112 7,291 State 27,432,653 486,928 486,928 0 Local 239,412 47,475 40,184 7,291 Iowa 23,449,948 693,072 23,545 669,527 State 23,402,250 692,240 23,205 669,035 Local 47,698 832 340 492 Kansas 13,627,374 784,522 15,684 768,838 State 12,750,468 769,398 14,408 754,990 Local 876,906 15,124 1,276 13,848 Kentucky 29,896,744 1,224,178 14,593 1,209,585 State 29,446,886 1,184,871 13,423 1,171,448 Local 449,858 39,307 1,170 38,137 Louisiana 33,165,473 1,211,063 253,524 957,539 State 30,975,836 1,130,118 194,352 935,766 Local 2,189,637 80,945 59,172 21,773 Maine 9,528,945 170,856 170,856 0 State 9,528,945 170,856 170,856 0 Local 0 0 0 0 Maryland 47,012,213 2,037,651 123,546 1,914,105 State 35,408,026 1,525,888 612 1,525,276 Local 11,604,187 511,763 122,934 388,829 Massachusetts 58,032,061 1,459,070 1,391,646 67,424 State 42,380,809 1,083,984 1,082,695 1,289 Local 15,651,252 375,086 308,951 66,135 Michigan 89,201,615 3,738,793 745,518 2,993,275 State 67,627,901 1,838,994 308,626 1,530,368 Local 21,573,714 1,899,799 436,892 1,462,907 Minnesota 52,089,647 451,156 221,987 229,169 State 47,706,991 306,634 139,679 166,955 Local 4,382,656 144,522 82,308 62,214 Mississippi 24,081,088 1,018,101 211,011 807,090 State 24,081,088 1,018,101 211,011 807,090 Local 0 0 0 0 Missouri 57,538,316 2,413,103 155,118 2,257,985 State 50,635,361 2,034,255 53,920 1,980,335 Local 6,902,955 378,848 101,198 277,650 Montana 7,068,244 294,512 144,139 150,373 State 7,068,244 294,512 144,139 150,373 Local 0 0 0 0 Nebraska 9,565,427 293,540 30,569 262,971 State 7,018,041 225,209 2,690 222,519 Local 2,547,386 68,331 27,879 40,452 Nevada 21,656,244 327,144 18 327,126 State 21,656,244 327,144 18 327,126 Local 0 0 0 0 New Hampshire 5,296,311 1,010,549 1,010,549 0 State 5,156,050 1,006,709 1,006,709 0 Local 140,261 3,840 3,840 0 New Jersey 57,430,047 20,706 15,708 4,998 State 57,319,474 12,246 12,246 0 Local 110,573 8,460 3,462 4,998 New Mexico 20,236,745 890,801 816,838 73,963 State 20,236,745 890,801 816,838 73,963 Local 0 0 0 0 New York 343,678,005 11,203,484 84,482 11,119,002 State 230,438,875 8,664,754 0 8,664,754 Local 113,239,130 2,538,730 84,482 2,454,248 North Carolina 67,729,781 23,024 14,324 8,700 State 67,344,744 2,508 2,508 0 Local 385,037 20,516 11,816 8,700 North Dakota 3,653,802 95,923 12,032 83,891 State 3,450,495 92,996 9,635 83,361 Local 203,307 2,927 2,397 530 Ohio 149,874,270 2,803,821 894,177 1,909,644 State 147,421,439 2,700,224 790,580 1,909,644 Local 2,452,831 103,597 103,597 0 Oklahoma 20,156,653 579,046 63,616 515,430 State 19,185,400 559,974 50,451 509,523 Local 971,253 19,072 13,165 5,907 Oregon 56,355,470 2,852,610 73,031 2,779,579 State 56,322,732 2,835,632 56,053 2,779,579 Local 32,738 16,978 16,978 0 Pennsylvania 103,314,191 6,154,474 766,520 5,387,954 State 88,436,635 5,167,591 0 5,167,591 Local 14,877,556 986,883 766,520 220,363 Rhode Island 9,632,652 65,008 34,393 30,615 State 8,747,795 43,689 22,026 21,663 Local 884,857 21,319 12,367 8,952 South Carolina 30,247,191 1,774,369 17 1,774,352 State 30,201,710 1,773,155 0 1,773,155 Local 45,481 1,214 17 1,197 South Dakota 7,300,075 808,129 7,777 800,352 State 7,010,432 804,730 4,421 800,309 Local 289,643 3,399 3,356 43 Tennessee 35,950,936 1,724,180 339,189 1,384,991 State 28,626,573 1,330,458 0 1,330,458 Local 7,324,363 393,722 339,189 54,533 Texas 173,412,502 6,941,133 1,734,890 5,206,243 State 152,168,087 5,627,538 800,823 4,826,715 Local 21,244,415 1,313,595 934,067 379,528 Utah 18,657,043 1,323,977 90 1,323,887 State 18,657,043 1,323,977 90 1,323,887 Local 0 0 0 0 Vermont 3,041,075 348,244 2,353 345,891 State 2,930,199 342,179 0 342,179 Local 110,876 6,065 2,353 3,712 Virginia 58,427,770 2,163,711 294,853 1,868,858 State 48,258,745 1,653,462 232,339 1,421,123 Local 10,169,025 510,249 62,514 447,735 Washington 59,593,696 1,631,488 22,872 1,608,616 State 56,464,427 1,399,880 0 1,399,880 Local 3,129,269 231,608 22,872 208,736 West Virginia 3,894,750 15,583 10,392 5,191 State 3,696,043 16 16 0 Local 198,707 15,567 10,376 5,191 Wisconsin 79,755,515 927,893 113,695 814,198 State 73,647,101 882,298 113,116 769,182 Local 6,108,414 45,595 579 45,016 Wyoming 6,232,338 234,356 885 233,471 State 6,232,338 234,356 885 233,471 Local 0 0 0 0 Note: The standard error is a measure of the variation among the estimates from all samples and thus is a measure of the precision with which an estimate from a particular sample approximates the average results of all possible samples. The coefficient of variation (CV) is the estimated standard error expressed as a percent of the estimated total or proportion. CV's for estimates in this table are displayed in table 4b(1). Source: U.S. Census Bureau, Governments Division Created: September 26, 2007 Last Revised: June 25, 2008