GASB 31 Fair Value Factor Download the PDF Version of This Document

"FAIR VALUE PER SHARE FACTOR"

GASB Statement 31 requires fair value reporting of all investments. The fair value of your investment in the Public Treasurer's Investment Fund (PTIF) can be calculated by multiplying the pool's fair value per share factor times your pool balance, as shown on your statement.

As an example; if on your PTIF statement your ending balance is $365,382.95 and the applicable fair value per share factor is 1.000018, then the fair value of your investment would be $365,389.53 ($365,382.95 X 1.000018=$365,389.53).

Fair Value information should be provided to your auditor who will determine if the amount is material to your financial statements.

12/31/13
06/30 FY END FACTOR 12/31 FY END FACTOR
06/30/131.005021711.00513106
06/30/121.0058628412/31/121.00557603
06/30/111.0060381312/31/111.00438320
06/30/101.0038563812/31/101.00544475
06/30/091.00138612/31/091.003369
06/30/08.99695212/31/08.990980
06/30/07.99979812/31/07.995095
06/30/06.99968012/31/061.000007
06/30/051.00015412/31/05.999564
06/30/041.00070312/31/041.000255
06/30/031.00143412/31/031.001734
06/30/02.99725712/31/02.999924
06/30/011.00007412/31/011.000267
06/30/001.00002312/31/00.991701
06/30/991.00003012/31/991.000089
06/30/981.00001812/31/981.000223
06/30/97.99927612/31/971.000133
12/31/96.999645
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