Quarterly Report - February 28, 2009

  Amarillo College
     Summary of Investments
    28-Feb-09   28-Feb-09
     Book Value     Market Value 
Equity Securities:        
U.S. Common Stock        
Equity Mutual Funds             3,513,368.28       3,180,835.72
Other Equity Securities (list)        
    Total Equities             3,513,368.28       3,180,835.72
Debt Investments >1 year:        
   Interest Only Strips        
   Principal Only Strips        
   Inverse Floaters                             -                         -  
    Total Debt >1 year                             -                         -  
Short Term Investments:        
U.S. Government        
U.S. Government Agency           22,236,571.15      22,336,239.36
C.D.’s/B.A.’s            11,081,531.28      11,081,531.28
A1/P1 Commercial Paper         
Repurchase Agreements        
TexPool            20,251,545.94      20,251,545.94
Other Money Market Funds & Pools        
Bank Deposits         
Cash Held at State Treasury        
Other (list)        
    Total Short Term Investments           53,569,648.37      53,669,316.58
TOTAL INVESTMENTS:           57,083,016.65      56,850,152.30



March 25, 2009
      Amarillo College employs First Southwest Asset Management Company for investment
          advice with respect to our non-endowed local funds. Their address is 300 West 6th Street,
          Suite 1940, Austin, Texas 78701. They do not have the authority to make investment
          decisions or initiate transactions.
      Amarillo College does not use soft dollar arrangements.
      Amarillo College is associated with the Amarillo College Foundation. The market value of the investments of the
           Foundation at 8/31/08 was $30,719,156.46. The investments are managed by the Investment Committee of
           the Foundation, P.O. Box 447, Amarillo, Texas 79178.
      The Amarillo College Board of Regents reviewed, updated and approved the Amarillo College Investment
           Policy at the March 24, 2009 Board of Regents meeting.