Stephen F. Austin State University
Statement of Changes in Bond Proceeds
August 31, 2008
Bancorpsouth
Bond Series 2008
Book Value Market Value Yield
Beginning Balance - 06/01/2008  $ 15,852,891.05  $  15,894,095.05
Receipts/Contributions
Investment Income 30,886.57 30,886.57
Change in Accrued Interest 16,491.00
Distributions (3,434,647.36) (3,434,647.36)
Net Realized Gains (Losses)
Changes in Net Unrealized Appreciation (Depreciation)   39,322.52
Ending Balance - 08/31/2008  $ 12,449,130.26  $  12,546,147.78              0.61
Accrued interest for the reporting period  $         31,336.10
Prior period accrued interest  $         14,845.10
Prepared in Compliance with Generally Accepted Accounting Principles