| Table 4b(3)
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 |
Securities |
| Nongovernmental |
| Corporate bonds |
Corporate stocks |
Mortgages |
Funds held in trust |
Foreign and international securities |
Other |
| United States |
0.06% |
0.06% |
0.07% |
0.64% |
0.03% |
0.21% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.34% |
0.36% |
1.17% |
10.03% |
0.17% |
1.36% |
| Alabama |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Alaska |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Arizona |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Arkansas |
0.15% |
0.07% |
0.00% |
0.00% |
0.00% |
0.31% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
10.86% |
8.57% |
0.00% |
0.00% |
0.00% |
6.52% |
| California |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.49% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
1.48% |
| Colorado |
0.05% |
0.00% |
0.00% |
36.48% |
0.00% |
4.97% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.44% |
0.00% |
0.00% |
36.48% |
0.00% |
7.62% |
| Connecticut |
0.22% |
0.36% |
0.00% |
0.00% |
0.00% |
3.15% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
2.75% |
1.94% |
0.00% |
0.00% |
0.00% |
3.62% |
| Delaware |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| District of Columbia |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Florida |
0.24% |
0.16% |
0.00% |
63.50% |
0.00% |
11.89% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
1.86% |
1.34% |
0.00% |
64.20% |
0.00% |
11.95% |
| Georgia |
0.07% |
0.04% |
0.00% |
0.00% |
0.00% |
1.84% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.40% |
0.62% |
0.00% |
0.00% |
0.00% |
6.72% |
| Hawaii |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Idaho |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Illinois |
0.81% |
0.97% |
100.00% |
1.90% |
0.04% |
3.29% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
2.80% |
2.47% |
100.00% |
21.11% |
0.21% |
4.63% |
| Indiana |
0.00% |
0.00% |
0.00% |
0.96% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.96% |
0.00% |
0.00% |
| Iowa |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Kansas |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Kentucky |
0.00% |
0.00% |
0.00% |
100.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
100.00% |
0.00% |
0.00% |
| Louisiana |
0.05% |
0.00% |
0.00% |
0.00% |
0.00% |
0.59% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.68% |
0.00% |
0.00% |
0.00% |
0.00% |
7.39% |
| Maine |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Maryland |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Massachusetts |
0.79% |
1.25% |
0.00% |
0.00% |
0.56% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.91% |
1.41% |
0.00% |
0.00% |
0.64% |
0.00% |
| Michigan |
0.37% |
0.30% |
3.11% |
13.71% |
0.01% |
0.67% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
1.76% |
1.25% |
3.11% |
13.71% |
0.09% |
5.37% |
| Minnesota |
0.04% |
0.19% |
0.00% |
0.22% |
0.00% |
0.64% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.25% |
0.95% |
0.00% |
75.70% |
0.00% |
2.78% |
| Mississippi |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Missouri |
0.06% |
0.24% |
0.00% |
91.79% |
0.11% |
1.22% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.92% |
1.18% |
0.00% |
100.00% |
1.65% |
10.39% |
| Montana |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Nebraska |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Nevada |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| New Hampshire |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| New Jersey |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| New Mexico |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| New York |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| North Carolina |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| North Dakota |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Ohio |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Oklahoma |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Oregon |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Pennsylvania |
0.51% |
0.37% |
0.00% |
16.47% |
0.17% |
6.04% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
2.77% |
1.78% |
0.00% |
16.47% |
11.25% |
18.36% |
| Rhode Island |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| South Carolina |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| South Dakota |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Tennessee |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Texas |
0.24% |
0.03% |
0.00% |
0.00% |
0.09% |
0.77% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
2.22% |
0.30% |
0.00% |
0.00% |
0.65% |
0.77% |
| Utah |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Vermont |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Virginia |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Washington |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| West Virginia |
5.12% |
2.73% |
0.00% |
0.08% |
0.00% |
14.41% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
5.12% |
2.73% |
0.00% |
43.40% |
0.00% |
14.41% |
| Wisconsin |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Wyoming |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| State |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Local |
0.00% |
0.00% |
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(3). |
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Created: June 30 2008