| Table 4b(1)
Coefficient of Variation for Cash and Investment Holdings of State and
Local |
| Government
Employee-Retirement Systems by State and Level of Government: |
|
| Fiscal
Year 2005-2006 |
|
| State and level of government |
Total |
Cash and deposits |
|
|
| Total |
Cash and demand deposits |
Time, savings deposits and nonfederal
short-term investments |
|
|
|
|
|
| United States |
0.05% |
0.20% |
0.94% |
0.13% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.31% |
0.80% |
2.12% |
0.66% |
|
| Alabama |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Alaska |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Arizona |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Arkansas |
0.01% |
1.44% |
10.58% |
0.01% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.40% |
38.63% |
41.09% |
2.15% |
|
| California |
0.00% |
0.48% |
2.77% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.01% |
0.74% |
3.77% |
0.00% |
|
| Colorado |
0.05% |
0.42% |
2.23% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.37% |
1.98% |
2.26% |
0.00% |
|
| Connecticut |
0.15% |
1.65% |
3.44% |
2.20% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.72% |
4.39% |
3.58% |
10.00% |
|
| Delaware |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| District of Columbia |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Florida |
0.32% |
0.37% |
2.37% |
0.12% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
2.82% |
3.45% |
7.80% |
1.94% |
|
| Georgia |
0.02% |
0.15% |
1.85% |
0.10% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.31% |
0.89% |
1.96% |
1.88% |
|
| Hawaii |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Idaho |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Illinois |
0.69% |
1.67% |
2.02% |
2.95% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
2.07% |
4.23% |
4.44% |
8.64% |
|
| Indiana |
0.02% |
1.27% |
1.29% |
2.26% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
2.81% |
14.26% |
16.89% |
2.26% |
|
| Iowa |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Kansas |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Kentucky |
0.01% |
0.04% |
1.56% |
0.02% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.78% |
1.29% |
19.40% |
0.73% |
|
| Louisiana |
0.02% |
0.25% |
0.35% |
0.25% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.24% |
3.79% |
1.52% |
11.14% |
|
| Maine |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Maryland |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Massachusetts |
0.24% |
1.20% |
0.49% |
35.99% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.90% |
4.66% |
2.20% |
36.69% |
|
| Michigan |
0.11% |
2.44% |
12.52% |
0.77% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.46% |
4.80% |
21.37% |
1.58% |
|
| Minnesota |
0.06% |
3.03% |
7.03% |
2.07% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.76% |
9.46% |
18.97% |
7.63% |
|
| Mississippi |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Missouri |
0.04% |
1.98% |
5.10% |
2.21% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.31% |
12.64% |
7.82% |
17.98% |
|
| Montana |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Nebraska |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Nevada |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| New Hampshire |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| New Jersey |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| New Mexico |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| New York |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| North Carolina |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| North Dakota |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Ohio |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Oklahoma |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Oregon |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Pennsylvania |
0.39% |
1.59% |
12.82% |
0.20% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
2.73% |
9.89% |
12.82% |
4.99% |
|
| Rhode Island |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| South Carolina |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| South Dakota |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Tennessee |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Texas |
0.02% |
0.00% |
0.01% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.15% |
0.01% |
0.02% |
0.00% |
|
| Utah |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Vermont |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Virginia |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Washington |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| West Virginia |
0.03% |
22.21% |
36.62% |
26.92% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.57% |
22.23% |
36.67% |
26.92% |
|
| Wisconsin |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Wyoming |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
|
| Note: The standard error
is a measure of the variation among the estimates from all possible 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. Each column in this
table contains the coefficients of variation that have been computed for the
estimated amounts in table 4a(1). |
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Created: June 30 2008