Quarterly Report - May 31, 2009

  Amarillo College
     Summary of Investments
  Book ValueMarket Value
Equity Securities:
U.S. Common Stock
Equity Mutual Funds          3,304,0703,247,549
Other Equity Securities (list)
    Total Equities               3,304,070        3,247,549
Debt Investments >1 year:
   Interest Only Strips
   Principal Only Strips
   Inverse Floaters 00
    Total Debt >1 year 00
Short Term Investments:
U.S. Government
U.S. Government Agency   22,219,315      22,262,962
C.D.’s/B.A.’s        7,530,518   7,530,518
A1/P1 Commercial Paper 
Repurchase Agreements
TexPool              17,504,07617,504,076
Other Money Market Funds & Pools
Bank Deposits 
Cash Held at State Treasury
Other (list)
    Total Short Term  Investments   47,253,909 47,297,556
TOTAL INVESTMENTS: 50,557,979 50,545,106





June 8, 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.