As of August 31, the fiscal year has yielded a preliminary return of 10% on the total investment portfolio, translating to approximately $5.2 billion in earnings. This impressive performance averages out to about $20 million in returns generated daily.

The government has adopted new asset allocation targets, effective February 1, which are projected to enhance returns by an additional $225 million to $250 million annually. Furthermore, the implementation plan aims to add between 50 to 150 basis points, potentially resulting in excess returns ranging from $250 million to $800 million. Collectively, these strategies are designed to achieve a long-term goal of generating an additional $1 billion in returns.

These returns play a crucial role in funding distributions to the available school fund, which helps alleviate the tax burden on state taxpayers. On the operational side, the expenses for the last fiscal year were approximately $47 million. Significant improvements have been made in managing these expenses, including a restructuring of the securities lending program, which is expected to contribute an additional $2.5 million to the bottom line.