The URL can be used to link to this page

Home My WebLink About04 OCTOBER 1997 AGENDA- INVESTMENT & FINANCE COMMITTEE OCTOBER 15, 1997 ********************�**:**:*..«**�*******+,******�***�*�**��********:*****:**** VI. NEW BUSINESS A. C�and Redevelopment Agency Investment Schedule Rec: Review and submit to the next City Council agenda. Review the presentation on the investment graphs. Review the investment activity during the month of August. Review status of capital projects and cash flow projections. Action: B. Review Short Term Inreskments Maturine ' N9Yg�er1997 Rec: Review investments in 1) collateralized deposits; 2)treasury bonds and notes; and, 3) Agencies discount notes. Action: C. State of California Local Age�Investment Fund Monthly Re� Rec: Informarional item for the Committee to review. No acrion required. D. Monthjy Financisl Report for City Council Rec: Report and submit to City Council. Action: E. Parkview Professional O�ce BufldinEs- Financial Reports Rec: Review of 8/31/97 financial statements. Acdon: F. Desert Willow Golf Resort Financial Information for September Rec: Review and file report. Action: AGENDA-INVESTMENT & FINANCE COMMITTEE OCTOBER 15, 1997 *�***�****,r**********�*«**:*��*•**�*+�****«***********.***********,r******** G. Palm Desert Recreation Facilities Corporation Income Analysis for October Rec: Review and file report. Action: H. Hiring Consultant to Review Refundiug Bond Issues Rec: Review and file report. Action: VII. REPORTS AND REMARKS A. Reports and Remarks�y any Committee Member B. Items to be pJaced on the Neat Agenda VIII. NEXT MEETING DATE _ Next regulazly scheduled meeting is�c�dlIlllc��dlffid� N`��c�IDnllbc�m Il�� Il��9 �4 IlIl°�� ommo ' IX. ADJOURNMENT VERONICA ABARCA AGENDA INVESTMENT & FINANCE COMMITTEE WEDNESDAY, OCTOBER 15, 1997 —I1:00 A.M. NORTH WING CONFERENCE ROOM ****��*****�,r�***«**+*r*******,r**�****,r****,r*****,r*******«*********�x,e*�*r**** L CALL TO ORDER II. ROLL CALL III. APPROVAL OF MINUTES Rec: Approve the Minutes of September 23, 1997, as submitted. Action: IV. ORAL COMMUNICATIONS A. Any person wishing to discuss any item not otherwise on the agenda may address the Investment&Finance Committee at this poiant by g�yine his or her n�me and alcLress for the record. Remarks shall be litnited to a maximum of five minutes unless addirional time is authorized by the Chairman. B. This is the time and place for any person who wishes to comment on non- hearing agenda items. It should be noted that at the Investment &Finance Committee's discretion,these comments may be deferred until such time on the agenda, as the item is discussed. Remazks shall be limited to a maximum of five minutes unless additional time is authorized by the Chairman. V. OLD BUSINESS A. Stat�s of Peblic and Private Parinershj�B� ackproend Checks for Section 4 Rec: Report by Carlos Ortega. Acdon: B. Alden Canital-Redwood Kinsel O'neal Newcomb &De Dios Markets Rec: Status Report on refunding bonds. Action: �-T--�. • /- � Minutes Finance Committee CONVENE On September 23, 1997, the Investment & Finance Committee was called to order at 11:04 a.m. by Mr. Gibson. ROLL CALL Jean Benson, Ray Diaz, Dave Erwin, Paul Gibson, Murray Magloff, Jean Ruth, and Veronica Abarca. Guest: Antonia Graphos, The McCallum Theatre APPROVAL OF MINUTES Upon motion by Mr. Envin, seconded by Mr. Diaz, the Minutes of the August 27, 1997 meeting were APPROVED as submitted. ORAL COMMUNICATIONS Antonia Graphos of the McCallum Theatre prepared a presentation for the Investment and Finance Committee. Ms. Graphos distributed a report including the balance sheet for the year ending July 31, 1997 and various information to the committee. Ms. Graphos stated that she would iike to address the questions of the committee regarding the City's loan of $500,000 to the McCallum Theatre in January, 1997. She stated that she would give an update as to where the theatre was at financially and what they projected for the future, Ms. Graphos thought the balance sheet would be the best way to display the current year and the comparison to 1996. Included were charts and information based on historical data to give perspective over the last nine seasons, since inception. Ms. Graphos then pointed out the highlight of the 1997 season. It was initially projected that the McCallum would be "in the hole" anywhere from $500,000 to $800,000. However with just � one production the McCallum was "in the hole" over$200,000. Happily they were abie to recover from that production and raised additional funds at the box office as well as fundraisers. The actual paper loss for the McCallum's year end was $30,000, which is a great year for the McCallum. This amount is calculated without the City of Palm Desert Loan of$500,000. Minutes Finance Committee Ms. Graphos then reviewed the "Annual DeficiY'. She stated that the deficit was approximately $300,000 in 1991 and is now � lower in 1997. Mr. Diaz stated that thi� accomplishment had never been met by the McCallum, with its deficit extending to close to $350,000 and now at nearly $0. Ms. Graphos added that in the opening season (1988-1990) and the following two years there was a flurry of fundraising where a lot of money was made not to mention the trustee loans which payment of had created a larger deficit in the following years. Ms. Graphos then reviewed the chart with the "Source of Revenue". Revenues for the McCallum come from ticket sales, fundraising and a small portion from facility rentals. She pointed out that despite rumors over the past several years, fundraisers have increased, exclusive of the City of Palm Desert Loan. Ms. Graphos noted that most revenues were generated during the "season" and also a donation to the McCalium in June, 1997 totaling $536,000 which was addressed in the cover letter to the Finance Committee. Ms. Graphos then addressed the concem regarding the unsecured loan to the McCallum, the reason for her presentation today. Ms. Graphos stated that they have a $6 million/year business, with a $25 miliion facility that has approximately $3 million worth of debt. $2.5 million of that is represented by the mortgage which is held by the Allen Burger Foundation. There is also the credit line for the McCallum which goes from $0 to a high of approximately $700,000 - $800,000 when the shows are being paid. The board members felt that those two relationships could not be disturbed by putting the City of Palm Desert loan ahead of those two creditors, and the City understood this condition and thereby authorizing loan. As a result of the loan and the new ideas which management has instituted, one donor has given the McCallum $500,000 worth of stock. With that stock the McCallum has created a stock redemption plan which generated $110,000 in revenue to the balance. The board • members have placed a restriction on the interest earned from the donor's gift stating that the interest earned from the stock wiil be set aside each year to pay the loan and secure the interest payments to the City of Palm Desert and/or if there is any excess, to pay portions of principal at the boards discretion. 2 _ _ ___ _ _ __ _ . _ _. _ _ Minutes Finance Committee This provides an avenue to the McCallum to secure at a minimum, the interest and possibly some of the principal of the loan issued by the City of Palm Desert. Mr. Diaz stated that one of the reasons a secured loan was not initially required by the City was based on the ability of the McCallum to raise additional funds. Since the loan was not secured the McCallum was able to elevate fundraising, which would not have been possible with a secured loan. _ Ms. Graphos stated that she personally is now looking at where the McCallum wants to be in ten years and emphasized how involved they would like to get in the community. She stated that they have spent time.with strategic pfanning on the goals - and changes they wilF need to-stay current.----- --- - - - - - Ms. Graphos stated that she was unable to guarantee an endowment campaign that would generate $25 million dollars in the next five years, however this is the next step. Ms. Graphos pointed �ut the "Ovation", the newsletter is the McCallum's attempt to keeping contact with their constituents. The very first issue highlights operating efficiencies of the theatre as designed by the new finance director. One article expiains to the community how expensive it is to operate the McCallum and the monitoring which is done constantly to make it better. Mr. Magloff then asked Ms. Graphos which production it was that put the McCallum so far" in the hole" this past year. Ms. Graphos stated that it was a Broadway pertormance which was called "How to Succeed in Business without Really Trying" starring Ralph Macchio. It was technologically one of the most incredibie shows held at the McCallum, however it was very expensive to bring in during Thanksgiving and had very low attendance. She then proceeded to give an example of how quickly the McCallum can lose money in a production. For instance "Chorus Line" which sold out, the so called profd was only $3,000 and staff was ecstatic. Mr. Magloff asked of the $25 million facility what portion was mortgaged. Ms. Graphos stated that approximately $3 - $3.2 million was mortgaged. He then asked what the average 3 Minutes Finance Committee annual revenues where. Ms. Graphos stated that 60% of the $6 million in revenues comes from the box office. Mr. Magloff then • asked what responsibility the board members have in getting donors for the McCallum Theatre. Ms. Graphos stated that the fundamental role of the board is fundraising. They are there not just for their business acumen, knowledge or interest in the arts, but also their personal connections or ability to give money or get money for the McCallum. She also stated that the number of dollars donated by board members alone is substantial. As an example Ms. Graphos stated that the dinner for President Ford brought in a donation from one person alone of$100,000. The McCallum is also attempting other avenues for fundraising as well, such as Sun City, who was not previously approached by the McCallum. Ms. Graphos stated that the oppnrtunity to discuss their budget and how they spend their money is welcomed. She believes that this will enable them to understand what a struggie it is to keep the McCallum going. Ms. Graphos then offered future updates to the committee, similar to the one given, to keep abreast of what is going on at the McCallum. Ms. Graphos completed her presentation to say that a certified copy of the balance sheet would be forwarded to the City along with a detailed description as to how the $500,000 has been set-aside for the City's benefit. • Mr. Magloff stated that he was now more comfortable with the McCallum's situation. OLD BUSINESS A. Status of Public and Private Partnershius Background Checks for Section 4 Mr. Ortega was not present, however had conveyed there was no new information. B. Alden Canital - Redwood Securities Kinsei O'neal N w 4 Minutes Finance Committee Mr. Ortega was not present, however conveyed to staff that there was no new information. NEW BUSINESS A. C� and Redevelopment Agency Investment Schedule Mr. Gibson and Ms. Ruth reviewed the schedules and stated that there were no changes with the exception to the market changing and showing a difference in interest earned. Ms. Ruth stated that there was far too much money invested in the fidelity bonds and should be reinvested real soon. Mr. Gibson stated that he was awaiting a response from the RDA regarding the amount needed to begin work on the South Course at Desert Willow prior to reinvesting. Mr. Diaz then questioned when the City would be receiving the $650,000 loan for the North Course at Desert Willow. Mr. Gibson stated that he was sure within 5 years Desert Willow should be prosperous to afford payment to the City. Mr. Diaz asked Mr. Gibson to please adjust the change and loss lines in the charts of investments to a lay persons comprehension. Mr. Gibson explained each column and stated that he would revise the charts as requested to include an explanation, with the City Manager's approval. Receive and file reports. • B. Review Short Term Investment� Maturing in October 1997 Mr. Gibson stated that the City currently is a little high in the short term liquidity which includes approximately 25% of the total portfolio, about 5% over the Investment Policy. Mr. Gibson stated that the investments would change in the near future now with the audit and interest allocations complete. Ms. Ruth stated that the only investments maturing in the month of October were the Redevelopment Agency bond issues. Receive and file Report. � 5 Minutes Finance Committee C. State of California Local Agency Investment Fund Month y Report Mr. Gibson reviewed the report and asked if there were any questions. Mr. Magloff asked what the balances were for each of the LAIF investments. Mr. Gibson responded that there was approximately $16 million in the City and $12 million in the RDA investments. Receive and file report. D. Monthly Financial Reuort for Ci�y il Mr. Gibson reviewed the report and asked if there were any questions. There were none. Receive and file report. E. Parkview Professional Office Buildinas -7/31/97 Financial Reports Mr. Gibson reviewed the report and asked if there were any questions. Ms. Benson asked when the City wouid be taking over the accounting services. Mr. Gibson stated that as of October 1, 1997, Anthony Hernandez, City Accountant, would be administering the account. Ms. Benson then asked about the management of the Building. Mr. Gibson stated that the managemeRt team would be reviewed at the October 9th City Council meeting, which he recommends selection of Mason and Mason. Mr. Gibson received another offer for management services, however feels thatthe gentleman would have a conflict of interest with managing a commercial building in Indian Wells. Ms. Benson asked if the Buildings included the Waterboard Building. Mr. Gibson stated that yes, it did. Mr. Diaz stated that there were two reasons given for building the office complex, 1) to lease to govemmental agencies; and 2) to raise the revenue to offset the cost of the park. 6 Minutes Finance Committee Mr. Gibson explained in comparison to the previous year, the lower revenues this year were attributed to the additional money paid last year for tenant improvements which were not paid this year. Mr. Diaz asked what percentage of lease's the City now holds. Mr. Gibson stated that approximately 75% of the buiidings are leased currently. Mr. Gibson stated that with the new management he felt that number would increase. Receive and file Report. F. Desert Willow Golf Resort Financial Information for August• Mr. Gibson reviewed the report and asked if there were any questions. Mr. Gibson noted that the total number of rounds were greater than what was projected and also than the month of July. ' Mr. Erwin noted that the numbers for residents and non-resident were opposite of those projected for the year. Mr. Gibson reiterated the total net loss for the 97/98 year is currently ($328,170);budgeted is ($287,326)well within that projection. Mr. Gibson stated that the auditors did review the operations of Desert Willow and will retum their recommendations at the end of October to the City. Receive and file Report. G. Palm Desert Recreation Facilities Corooration Inc��++o Analysis for August. Mr. Gibson reviewed the report and asked if there were any questions. This corporation was created in order to obtain a permit to sell alcohol, per the Alcohol Beverage Control. 7 Minutes Flnance Committee Mr. Erwin questioned the number of employees which are being expended from this area. Mr. Gibson stated that basically all • employees who were previously working under Desert Willow "Food and Beverage", are now included in the equation. Receive and file report. NEXT MEETING DATE The next Investment & Finance Committee meeting will be held Wednesday, October 15, 1997 at 11:00 a.m. ADJOURNMENT The Investment &Finance Committee adjaurned at 12:I5 p.m. on a motion by Mr. Magloff and seconded by Mr. Erwin. Respectfully submitted, ERONICA ABARCA RECORDING SECRETARY 8 Palm Desert Redevelopment Agency Month•end Investment Report September 30, 1997 TABLE OF CONTENTS INVESTMENT INFORMATION FOR ENTIRE PORTFOLIO Portfolio Master SummarY 1 Investment Portfolio Detail - Investments 2 Investment Portfolio Detail - Cash 5 Portfolio Master Investment Activity by Type 6 Investment Activity Summary 9 Distribution of Investments by Type �0 Interest Earnings Summary 11 Investment Portfolio Compliance Checklist 32 Portfolio Composition DesCription 33 INVESTMENT INFORMATION BY FUND/BOND S100 Million Bond 12 S'I7.5 Million Bond �4 S24 Million Bond 16 S4 Million Bond 18 Low-Mod Set Aside Refunding 20 Project Area #1 - 1997 Refunding 22 1996 Desert Rose Series A 23 1996 Desert ROse Series B 25 Blythe County Court Administration Center 27 2edeve�opment a9ency cenera� 2s Self Help 31 10/10/1999 PD Redevelopmen[ Agency PM - 1 PORTFOLIO MASTER SIMMARY RDA SEPT6FIDER 30, 1999 ACCRUAL AVERAGE ---YIELD TO MATURITY"- P£RCENT OF AVERAGE �AYS TO 360 365 INVESTMENTS BOOK VALUE PORTFOLIO T&RM MATURITY EQllIVALENT EQUIVALENT __"__________"__'_______'_'_"_____'________'______'__"_____"_'_"__________'__'_'_'_____'___"_______"__""_"___"'"_______'_"_'_ Local Agency Inveetment Punds. ...............$ 12,983,978.45 8.']0 1 1 5.601 5.6'/9 Federal Agency Ieeues - COupon...............$ 11,114,502.26 9.44 523 153 5.046 5.825 Federal Agency Ieeuea - Diecount.............$ 4,864,752.78 3.26 181 180 5.530 5.606 Tzeasury Sewritiee - Coupon.................$ 12,301,248.99 0.24 521 192 5 J45 5.825 State & Local Govt Seriee....................$ 9,1'/'/,016.00 6.15 'l0'l 63B 0.000 0.000 S[ate 6 LOCaI Govt Seriee - Coupon.......... .$ 66,929,662.00 44.49 1,'/28 1,659 5.'/60 S.B40 Fidelity Tzeaeuly Pool.......................$ 32,443,839.00 21.73 1 1 5.365 5.440 "__"'_'__________'_____'__'_____'_"_'"""_'"___"__'_'_"'"_'______'_'_________ 1'OTAL INVESTMENTS and AVERAGES.............$ 149,314,994.46 100.00f 900 809 5.296i 5.370t "'�"��.........."..��»��a�a a»>��`�'�m'�"��s e�a�s a��s"�" CASH Paeabook/Checking - No Yield 2otale..........$ 44,389.55 0.000 0.000 (not included in Yield calculatione) --'--'--""'--'---------------------'---------"'—'--------"---'--- TOTAL CASH and INVESTM&NTS.................$ 149,359,379.01 sesa�..�e................................=:.a«....��e�...:........:�::�.:..:. . MONTH &NDING FISCAL TOTAL EARNINGS SEPTEFIDER 30 YEAR TO DATE � Current Year $ 658,872.13 $ 1,833,189.57 AVERAGE DAILY BALANCE $ 149,899,619.85 $ 135,321,384.61 EFFECZ'1� RATE OF RETIIRN 5.35& 5.3'lt The inveetment por[folio of ehe P.D. Redevelopment Agency compliee with ita Paul S. Gibson Inveetment Policy and the California Government Code eectione pertaining to the Treaeurer inveetment of local agency Eunda. Pending any Euture actione by the Governing Hoard of the Agency or any unfozeeeen ca[aetrophy, the Redevelopment Agency hae . adequa[e caeh flow Co meet ite expendi[ure zequiremen[e for the next eix monthe. DATfi market values are from eiret xruet s IDC Datafeed pricing service. 1 l0/l0/199� eD xedevelopment Agency PM - 2 INVESTt4.RJT PORTFOLSO DETAILS - INVESTMENTS RDA SEPTEDIDER 30, 1999 ACCRUAL INVESTMENT AVERAGE PURCHASE STATED --- YTM --- MATURII'Y ➢AYS NUNBER ISSUER BALANCE DATE BOOX VALUE FACE VALUE MARKET VALUE RATE 360 365 DATE TO MAT CERTIFICATES OF DEPOSIT - BANK AVERAGES 120,161.33 . LOCAL AGENCY INVESTMENT FIRJOS 21000 Local Agency Inveatment F1u� 12,983,9'1B.a5 12,983,9']8.45 12,9B3,9'lB.45 5.6'l9 5.601 5.6'/9 1 AVERAGES 12,983,9'18.95 FEDERAL AGENCY ISSUES - COUPON 15008 R Federal Faxm Credit 09/13/96 499,309.'/4 500,000.00 501,718.'/S 6.125 6.312 6.900 0'!/09/98 2B1 15016 FedeYal Farm CYedit 02/24/9'/ 1,499,'/94.29 1,500,000.00 1,499,531.25 5.900 5.4'/2 5.548 12/02/97 62 15005 E Federal Home Loan Bank 06/14/95 2,115,804.'/S 2,115,000.00 2,116,982.81 6.105 5.855 5.93'] 12/O1/9] 61 15015 Federal Home Loan Bank 02/Z4/97 999,936.01 1,000,000.00 l,000,000.00 5.4o0 5.430 5.506 11/26/97 56 15019 Federal Home I.oan Bank 07/13/9'/ 1,000,000.00 1,000,000.00 1,000,312.50 6.040 6.040 6.124 OB/13/98 316 15010 R Federal Home Loan Mortgage 10/22/96 1,000,000.00 1,000,000.00 997,500.00 5.800 6.123 6.208 03/19/99 534 15014 Federal National Mortgage A O1/16/9'I 3,999,661.6'I 4,000,000.00 4,001,250.00 5.600 5.630 5.')OB O1/16/98 10� SUBTOTALS and AVEFtAGES 11,114,548.19 11,114,502.26 11,117,295.31 11,115,000.00 5.746 5.825 153 F6DERAL AG&NCY ISSllES - DISCOI7M1' 16013 E Federal National Mortgage A 09/30/9'] 4,869,'/52.'/8 5,000,000.00 9,862,000.28 5.380 5.530 5.606 03/30/98 1B0 AVERAGES 162,158.43 . 1REASVAY SECURITZES - WUPON 1'l00'l I Unites Statea Treasuxy 0'//O1/94 999,992.99 1,000,000.00 1,000,93'/.50 6.000 5.921 6.003 il/30/9'/ 60 1]013 R Unitee Statee Treaeury 0'//O1/95 10'/,040.25 104,000.00 107,965.00 7.750 6.098 6.182 11/30/99 790 1'/015 E Onitee Statee TreaBury 0'//O1/95 231,095.65 231,000.00 231,216.56 6.000 5.645 5.724 11/30/9'/ 60 1]069 OniteB Statee TreaBury OS/24/96 2,001,255.09 2,000,000.00 2,006,875.00 6.125 5.905 5.98] 03/31/98 181 1]07'/ Unitea State9 Treaeury OS/30/96 996,911.31 1,000,000.00 998,750.00 5.000 5.900 5.982 O1/31/98 122 1'10'18 R Unitea S[atee Treaeury 10/03/96 999,9]0.18 1,000,000.00 1,000,312.50 5.625 5.580 5.658 30/31/9'! 30 1]083 Unites State6 Treaeury 03/21/9'! 1,969,008.1"/ 2,000,000.00 1,980,000.00 5.000 6.129 6.209 02/15/99 502 1']084 Unitee S[ates Tieaeury O6/02/9'! 9,995,9'/5.83 5,000,000.00 5,000,000.00 5.250 5.496 5.5"!3 12/31/9'/ 91 _________________ ______________ ______________ ______________ ____"_ "_____ ______ SUBTOTALS and AVERAGES 10,100,056.95 12,301,248.9'/ 12,326,056.56 12,335,000.00 5.745 S.B25 172 STATE & IACAL GOVT SERIES 19002 State 6 Local Govt Ser Secu 0'//24/9'/ 308,933.00 308,933.00 308,933.00 0.000 0.000 0.000 10/O1/9'/ 0 19003 S[a[e fi Local Govt Ser Secu 07/24/97 372,455.00 372,455.00 372,455.00 0.000 0.000 0.000 10/16/97 15 19004 Stdte & LOCdl Govt Sex Secu 0'//24/9'/ 248,145.00 248,145.00 248,145.00 0.000 0.000 0.000 O1/29/98 120 19005 State 8 IACal Govt SeY SeCu 07/24/97 372�455.00 372�955.00 3�2,455.00 0.000 0.000 0.000 03/OS/98 155 19006 State 6 Local Govt Ser Secu 0'!/24/9'! 1,542,8'/1.00 1,542,8'/1.00 1,542,8'/1.00 0.000 0.000 0.000 04/O1/98 182 1900'! State & Local Gov[ Sex' Secu 0'!/24/9'! 361,813.00 361,813.00 361,813.00 0.000 0.000 0.000 04/OB/98 189 19008 State k Local Govt Ser Secu 0'//24/9'/ 239,'/15.00 ]39,715.00 739,'/15.00 0.000 0.000 0.000 10/O1/98 365 2 10/10/199� PD Redevelopment Agency Pnt - 3 INVESTMENT PORTFOLIO DE2AIL5 - INVESTMENTS RDA SEPTEDIDER 30, 1999 ACCRUAL INVESTMENT AVERAGE PURCHASE STATED --- YTM --- MATURITY DAYS NUt�ER ISSUER BALANCE DATE BOOK VALUE FACE VALIIE MARKET VALUE RATE 360 365 DATE TO MAT '_"__"___""_'________"_________________"______________________________________________"_'________________"____"____'___"______"___ STA1'E 6 IACAL GOVT SERIES 19009 S[ate & Local Govt Ser Secu 0]/24/9'! 12,65'/.00 12,65'/.00 12,65'/.00 0.000 0.000 0.000 03/25/99 540 19010 State 6 Local Govt Sei Secu 07/24/9'/ 1,581,91'/.00 1,501,41'/.00 1,581,41'I.00 0.000 0.000 0.000 04/O1/99 54'1 19011 SCa[e & Loeal Govt Ser Secu 00/24/90 12,656.00 12,656.00 12,656.00 0.000 0.000 0.000 09/16/99 915 19012 State 3. Local Govt Ser Secu 0'//24/9'] 1'/'/,191.00 1"1],191.00 1'/'/,191.00 0.000 0.000 0.000 10/O1/99 730 19013 State fi Local Govt Ser Secu 0'!/2a/9'! 12,65'1.00 12,65'/.00 12,65'/.00 0.000 0.000 0.000 03/09/00 B90 19019 State fi Local Gov[ Ser Secu 0']/24/9'] 1,622,191.00 1,622,191.00 1,622,191.00 0.000 0.000 0.000 04/O1/00 913 19015 S[ate 6 Local Govt Ser Secu 07/24/97 361,813.00 361,813.00 361,813.00 0.000 0.000 0.000 04/12/00 924 19016 State & Local Govt Ser Secu 0'1/24/97 158,2'/5.00 158,2'/5.00 158,2'/5.00 0.000 0.000 0.000 10/OS/00 1,100 1901'] S[ate 6 Local Govt Ser Secu 0'//24/9'] 12,656.00 12,656.00 12,656.00 0.000 0.000 0.000 03/29/O1 1,2'!5 19010 State 6 LOCal Govt Ser SeCu 07/24/97 1,664,977.00 1,664,9'/'/.00 1,664,9"!"l.00 0.000 0.000 0.000 04/O1/O1 1,2'10 19019 State 6 Local Govt Ser Secu 0'!/24/9'/ 12,656.00 12,656.00 12,656.00 0.000 0.000 0.000 09/20/O1 1,450 19020 State 6 LOCal Govt Ser Secu 09/24/99 88,829.00 88,82'/.00 88,82L 00 0.000 0.000 0.000 SO/O1/01 1,961 19021 State & Local Govt Ser Secu 07/24/97 12,656.00 12,656.00 12,656.00 0.000 0.000 0.000 03/74/02 1,625 _________________ _'_'_'____"_' _""_______'_ __________"__ __"'_ ___'_' '__"_ SUBTOTALS and AVERAGES 9,301,167.b7 9,177,016.00 9,177,016.00 9,1'/'/,016.00 0.000 0.000 638 STATE 6 IACAL GOVT SERI65 - C1�UPON 19500 State 6 IAcal Govt Ser Secu 07/24/97 5,686,827.00 5,686,82'/.00 5�686�827.00 3.165 3.122 3.1fi5 04/O1/02 1,643 19501 State & Local Govt Ser Secu 0'//24/9� 60,'192,835.00 60,']42,835.00 60,�42,835.00 6.090 6.00'/ 6.090 04/18/02 1,660 ""__'___'___"'_' ____'_"_""___ '_"__'______' _"_"""__"'_ __'___ "____ '__"__ SUBTOTALS and AVERAGES 66,429,662.00 66,929,662.00 66,429,662.00 66,429,662.00 5.]60 5.840 1,659 FIDELITY TREASURY POOL 13002 I Fidelity Inetitutional Caeh ],890,106.00 '/,890,106.00 7,890,106.00 5.440 5.365 5.440 1 11003 R FideliGy InetitutiOnal Caeh 'l48,268.00 '/98,248.00 'l48,248.00 5.490 5.365 5.990 1 11004 E Fidelity Inetitutional Caeh 2,616,00'1.00 2,616,00'/.00 2,616,00�.00 5.940 5.365 5.440 1 11005 I Fidelity InBtltutional Ca9h 1,560,856.00 1,560,856.00 1,560,856.00 5.440 5.365 5.440 1 11006 R Fidelity Inetitutional Caeh 20,993.00 20,993.00 20,993.00 5.440 5.365 5.440 1 11008 R Fldelity IneCltutional C88h 1,618,632.00 1,618,632.00 1,618,632.00 5.440 5.365 5.440 I 11009 I Fidelity Ine[itutional Caeh 1,762,821.00 1,762,821.00 1,'162,821.00 5.440 5.365 5.460 1 13010 I Fidelity Inetitutional Caeh '/,281,244.00 7,281,244.00 7,281,244.00 5.440 5.365 5.640 1 11011 R Fidelity Inetitutional Caah 1,631,677.00 1,631,677.00 1,631,677.00 5.440 5.365 5.440 1 11012 E Fidelity Inetitutional Caeh 0.00 0.00 0.00 5.210 5.139 5.210 1 11018 Fidelity Inetitu[ional Caeh 99,469.00 99,469.00 99,469.00 5.440 5.365 5.440 1 11019 Fidelity Inetitutional Caeh 1'/.00 1'1.00 1'/.00 5.360 5.28'/ 5.360 1 11020 Fidelity Inetitutional Caeh 0.00 0.00 ' 0.00 5.160 5.089 5.160 1 11021 Fidelity Inetitutional Caeh 0.00 0.00 0.00 5.360 5.28'/ 5.360 1 13022 Fidelity Inetitutivnal Cdeh 443.00 943.00 443.00 5.440 5.365 5.440 1 11023 Fidelity Inetitutional Caeh 1.00 1.00 1.00 5.440 5.3fi5 5.440 1 13025 Fidelity Ineti[utional Caeh 0.00 0.00 0.00 5.360 5.28'! 5.360 1 11026 Fidelity Inetitutional Cash 0.00 0.00 0.00 5.440 5.365 5.440 1 3 10/30/1990 PD Redevelopment Agenry PM - 9 INVESTMENT PORTFOLIO DETAILS - INVESTMENTS RDA SEPTEI�IDER 30, 199'1 ACCRUAL INVESTMENT AVERAGE PURCHASE STATED --- YTM --- MATORITY DAYS - NUPIDER ISSUER BALANCE DATE HOOR VALUE FACE VALUE MA[2](ET VALUE RATE 360 365 DATE TO MAT ""__'__________'___________'___'_'__'_"""__'"_'_'_"___'_"'"""_""""""____________'__'___"'__""_"__"__"""_____'_"_________'_ FIDELITY TREASURY POOL 1102] E Fidelity Inetitutional Caeh 304,]45.00 304,'l45.00 304,'/95.00 5.440 5.365 5.990 1 11028 Fidelity Institutional Cash 6'/.00 6'l.00 6'l.00 5.440 5.365 5.440 1 11029 Fidelity Inatitutional Cash 69B,39B.00 698,388.00 69B,388.00 5.440 5.365 5.440 1 11030 R Fideli[y Ins[itutional Cash 653,693.00 653,643.00 653,643.00 5.440 5.365 5.440 1 11031 Fidelity Institutional Caeh 8.00 8.00 8.00 5.360 5.28'! 5.360 1 11032 Fidelity Ins[itutional Cash 0.00 0.00 0.00 5.150 5.0'/9 5.150 1 11037 Fidelity Inatitutional Caeh 0.00 0.00 0.00 5.410 5.336 5.910 1 11038 Fidelity IRetitutional Ca9h 106.00 106.00 106.00 5.440 5.365 5.440 1 11039 R Fidelity Institutional Caeh 36,436.00 36,936.00 36,436.00 5.440 5.365 5.440 1 11040 Fidelity Inetitu[ional Caeh 371.00 3'/1.00 3'/1.00 5.440 5.365 5.440 1 11041 I Fidelity Inetitutional Caeh 99,201.00 99,201.00 99,201.00 5.440 5.365 5.440 1 11042 Fidelity Inetitutional Caeh 12.00 12.00 12.00 5.260 5.188 5.260 1 11044 Fidelity Inetitutional Caeh 35,743.00 35,143.00 35,143.00 5.440 5.365 5.440 1 11096 Fidelity Institutional Caeh 3,853.00 3,853.00 3,853.00 5.440 5.365 5.440 1 1109� Fideli[y IneCitutional Caeh BB�992.00 88�442.00 BB�442.00 5.940 5.365 5.440 1 � 11040 Fidelity Inatitutional Cash 0.00 0.00 0.00 5.220 5.118 5.220 1 11049 Fidelity In9titutional Caeh 9,495.00 9,495.00 9,495.00 5.490 5.365 5.440 1 11050 Fidelity Inetitutional Caeh 020,5'/6.00 820,5']6.00 820,5'l6.00 5.940 5.365 5.440 1 11051 Fidelity Inetitutional Caeh 0.00 0.00 0.00 5.220 5.148 5.220 1 11052 Fidelity Inetitutional Caeh 2,886,633.00 2,886,633.00 2,886,633.00 5.440 5.365 5.990 1 11053 Fidelity Ipetitutional Caeh 1,574,671.00 1,5'/4,6'/1.00 1,5'l4,6"/1.00 5.440 5.365 5.440 1 11054 Fidelity InatiCutiOndl Cdeh 1�395.00 1,395.00 1,395.00 5.440 5.365 5.440 1 11055 Fideli[y Inetitutional Cash 135.00 135.00 135.00 5.440 5.365 5.440 1 _____'___________ ______________ ___________'__ _____'________ ____'_ __""" _""" SUBTOTALS and AV6RAGES 31,644,2]9.03 32,443,834.00 32,443,834.00 37,443,834.00 5.365 5.440 1 1VTAL INVESTMENTS and AVG. $ 149,314,994.46 149,339,842.60 149,856,012.05 149,484,490.45 5.2963 5.370i 809 ....:��»a�a�m�...........�.�:.a�...��....�.�................'............�...��..��.....'.�� 4 l0/l0/1990 PD Redevelopment Agenty PM - 5 INVESTMENT PORTFOLIO OETAILS - CASH RDA SEPTEhID6R 30, 1997 ACCRUAL INVESTMENT AV6RAGE PllRCHASE STATED --- YTM --- MATfJR2TY DAYS NUMIDER ISSUER BALANCE DATE BOOK VALUE FACE VALUE MARKET VALUE RATE 360 365 DATE TO MAT _'_"_""'_'____'_'__________'__'____'"'___"_'_"_"_"'"___'_'"_______""_'____""""__"_'_'___'__'""__"__'____'____"__""'_'"'_ PASSBOOR/CFffiCKING 25002 B of A - Self Help Checking 44,364.61 0.000 0.000 0.000 AVERAGES 43,60'/.'/9 _""_'_'""""_'"'_"""___'__'_______"""____""'"'___'"""'_"__'___________'__________"""'""_____'_ TOTAL CASH and INVESTMIIiTS $ 149,899,619.85 199,359,3]9.01 5 10/10/199� PD Redevelopment Agency PM - 6 PORTFOLIO MASTER INVESTMENT ACTIVITY 6Y TYPE R➢A SEPT&PIDER 1, 1999 - SEPTEM1IDER 30, 199] ACCROAL STATED TRANSACTION PURCHASES SALES/MATURITIES TYPE INVESTMENT p ISSUER RATE DATE OR DEPOSITS OR WITFmRAWALS BALANC£ """""______"__________""""_____"_"__""__"_""""_"""______"____""__"""_______"_`""_"_"'""""""___________'"""_____""""""""""""""_"""" CERTIFICAI'ES OF DEPOSIT - HANK 20001 Union Bank of Cali£ornia 5.oso 09/09/1999 350,000.00 20002 Union Bank of California 4.950 09/09/199'l 100,605.00 SUBTOTALS and ENDING HALANCE D.00 450,605.00 0.00 LOCAL AGENCY INVESTMENT FUNDS (Monthly Summary) 21000 I.ocal Agency Inveetment Fund 5.679 12,983,9'/8.45 PASSBOOK/CHECKING (Monthly Summary) 25002 H of A - Self Help Checking 0.000 801.51 0.00 G+SH WITH 1RUSTEE -FIRST 1RUST (Monthly Summary) 26000 Caeh with 'fruetee 0.000 0.21 26001 Caeh with Truetee O.oOo . 26002 Caah with Truetee 0.000 0.39 26003 Caeh with Tnletee 0.000 1.33 26004 Caeh with Tcuetee 0.000 • ' 0.78 ]6005 Caeh with Truetee o.000 O.a2 26006 Ca9h with Tlustee O.o00 2600'/ Caeh with TLustee o.000 _ 0.23 26008 Caeh with Tivatee o.o00 0.10 26009 Caeh with Txvetee 0.000 0.59 SUBTOTALS and ENDING BALANCE 3.04 1.01 0.00 FEDERAL AGENCY ISSU65 - COUPON 11,114,502.26 FED6RAI. AGENCY ISSUES - DISCOVNT 16013 E Pederal Na[ional Mortgage Aeac 5.380 09/30/199'/ 4,864,"l52.'/8 4,864,75].78 TR&ASURY SECURITZES - COUPON � 17072 Uni[e6 Statee Treaeuxy 5.750 09/30/1997 1,000,000.00 1'l0'l9 E OniCee Statee Treae�ssy 5.'l50 09/30/199'/ 5,000,000.00 � SUBTOTALS and ENDING HALANCE 0.00 6,000,000.00 12,301,248.9'/ 6 10/SO/1999 PO Redevelopment Agency pp� _ � PORTFOLIO MASTER INVESTMENT ACTIVITY BY TYPE Rpp SEPTEMBER 1, 199] - SEPTEMBEA 30, 1997 ACCRUAL � STATED TRANSACTION PURCHASES SALES/MATURITIES TYPE INVESTMENT � ISSUER RATE DATE OR DEPOSITS OR WZTHDRAWALS HAI.NNCE STATE & IACAL GOVT SERIES 19001 State & Local Govt Sez Securit 0.000 09/11/1997 3]2,455.00 9,1'1'1,016.00 STATE & IlJCAL GOVT SERIES - COUPON 66,429,662.00 FIDELITY TREASURY POOL (Monthly Suimmary) 11002 I Fidelity Inetitutional Caeh 5.440 33,645.00 11003 R Fidelity Inetitutional Caeh 5.440 3,191.00 1100a E Fidelity Inatitutional Cash 5.440 288,963.00 11005 I pideliCy Ine[i[u[ional Cash 5.440 6,656.00 11006 R Fidelity Inatitutional Caeh 5.440 89.00 11008 R Fidelity Institutional Caeh 5.440 393,409.00 3s5,a58.00 11009 I Fidelity Inatitutional Caeh 5.440 ],S1Z 00 13010 I Fidelity Inatitutional Cash 5.440 33,598.00 368,881.00 11011 R Fidelity Inatitutional Cash 5.440 35,826.00 11012 E Fidelity Institutional Cash 5.210 11018 Fidelity ineti[utional Caeh 5.990 193,542.00 108,0'/3.00 13019 Fidelity Inetitutional Cash 5.360 11020 Fidelity Inatitutional Caeh 5.160 11021 Fidelity Inetitutional Caeh 5.360 11022 PidelitY InetituCional Caeh 5.940 33p.pd 11023 Fidelity In9titlltiOnal Caeh 5.940 11025 Fidelity Institutional Caeh 5.360 11026 Fidelity Inetitutional Caeh 5.940 1102'l E Fidelity Ine[itutional Caeh 5.440 1,299.00 11028 Fidelity Institutional Caeh 5.440 50.00 11029 Fidelity Inetitutioxtal Caeh 5.440 69'/,658.00 11030 R Fidelity Inetitu[ional Caeh 5.440 2,'/88.00 11031 Fidelity Institutional Caeh 5.360 11032 Fidelity Inetitutional Caeh 5.150 1103'1 Fidelity Inetitutional Caeh 5.410 11038 Fidelity Inetitutional Cash 5.440 32.00 11039 R Pidelity Inetitutional Caeh 5.44U 162.00 11040 Pidelity Inetitutional Caeh 5.440 531,407.00 11041 I Fidelity Inetitutional Caeh 5.440 469.00 1o,500.00 11042 Fidelity Inetitutional Caeh 5.260 11044 - Fidelity Inetitu[ional Caeh 5.440 143.00 11046 Fidelity InstitutiOnal Caeh 5.440 16.00 1104'] Fidelity Inetitutional Caeh 5.440 ��.00 11048 Fidelity Inati[utional Caeh 5.220 7 30/10/1999 pD Redevelopment Agency pM - 8 PORTFOLIO MASTER INVESTMENT ACTIVII'1 HY 1'YPE RDA SEPTEMBER 1, 199'1 - SEPTEMBER 30, 1990 ACCRUAL STATED TRANSACTION PURCHASES SAL65/MATURITIES TYPE INVESTMENT q ISSUER RATE DATE OR DEPOSITS OR WITEIDRAWALS BALANCE 11049 Fidelity Inetitutional Caeh 5.440 91.00 11050 Fidelity Inatitutional Caeh 5.490 3,5'/6.00 13051 Fidelity Inatitutional Caeh 5.220 11052 Fidelity InetituCional Cash 5.440 12,309.00 11053 Fidelity Inetitutional Caeh 5.440 887,535.00 3,189,416.00 11059 Fideli[y Inetitutional Caeh 5.440 509,4']1.00 13055 Fidelity Ineti[utional Cash 5.940 101.00 SUBTOTALS and ENDING HALANCE 2,603,387.00 5,104,206.00 32,943,834.00 __'_"_'__'____'"_'____'_'____'"____"'_"'"______"_'""'_______'_'_____ TOTALS ],468,944.33 11,927,26'/.03 149,314,994.46 $ 10/10/199] PM - 9 PD Redevelopment Agency RDA INVESTMENT ACTIVITY SUMMARY ACCRUAL SEPTEDIDER 1996 through SEPTEhIDER 199] YIELD TO MATURITY MANAGED NUMBER OF NUN�EA OF AVERAGE MONTH NUM1IDER OF TOTAL 360 365 POOL SECURITIES SECf7RITIES AVERAGE DAYS TO END YEAA SECURITZES INVESTED EQUIV EQUIV 7�� p{JRCHASSD MATURED/SOLD TERM MATURITY ____________________"____"________________"'_____________'_______"'______________________""_______________"_______ Sep[ember 96 101 86,905,66'1.09 5.662 5.941 5.099 2 5 590 303 � October 96 106 103,501,531.69 5.568 5.695 5.134 10 5 497 267 November 96 102 B'],516,234.08 5.52'/ 5.604 5.068 3 9 3B3 254 December 96 9'! 79,366,']46.51 5.511 5.58] 5.169 0 6 314 165 January 9'/ 95 B5,'/01,933.9'/ 5.569 5.646 5.241 2 6 320 1'/3 February 97 93 80,869,552.0'l 5.546 5.623 5.10'/ 0 3 332 16B March 97 91 70,533,057.43 5.516 5.592 5.218 1 3 341 194 Aplil 97 97 80,575,386.79 5.582 5.660 5.220 2 2 36B 213 May 97 95 78,585,626.60 5.616 5.694 5.309 0 4 361 198 June 97 8'/ 85�625,456.78 5.494 5.570 5.360 3 13 199 101 July 9] 95 154,112�63].63 5.259 5.332 5.630 24 4 880 820 Augue[ 9'/ 95 153,'l63,674.63 5.2'/9 5.348 5.6'/9 0 0 882 800 Sep[embea 9'/ 91 199.314,994.46 5.296 5.390 5.609 1 5 9V0 809 � __________"____'______________"____________"_'______"___"________"_________________________________ AVERAGES 96 $ 99,')20,961.51 5.4945 5.5'!Ot 5.299t 4 5 490 343 s:ase��s��sen�.....�vez�:::.....�e�_:�a�e.....�.��:.......��a.....a_=z.�:..:.ee_:�....naa�:�:... 9 10/10/199� PM - 10 PD Redevelopment Agency Rpp DISTRIBUTION OF INVESTMENTS BY TYPE ACCRUAL SEPTEFIDER 1996 thzough S£PTEMBER 199] MONTH '________'____"'________'____"___'______""""""" TYPES OF INVESTMENTS _""'___"__'_______'_"__"'"__'________"___"_ END YEAR HCD SCD DID1 LAS PA1 PA2 PA3 MTN BAC COM FAC FAD 1RC TRD MC1 MC2 LA1 '__"_"_____'___'_____'__"__'__"__________"__"___"_"'_'_"'__"________"__""""'_""_____"'_'____'_"'__'__""__""'__'___ September 96 0.3 11.3 3.0 1.1 65.0 0.5 18 J October 96 0.3 9.2 3.2 4.3 6.8 49.3 0.4 26.5 Novembei 96 0.3 10.3 0.1 3.8 5.0 12.2 45.] Z2.5 DecEmbet 96 0.4 9.5 2.4 5.6 13.4 44.4 Zq�s January 9'/ 0.1 22.'] 0.5 ].2 6.'/ 39.9 22�9 February 9'] 0.1 22.8 'l.'1 1.0 42.3 zS,Z March 9'/ 0.1 14.9 8.8 0.6 40.8 34.9 � April 9'/ 0.1 13.0 23.2 3.7 35.'/ 24.3 May 9'/ 0.1 17.2 23.8 3.8 29.2 25.9 June 9'/ 0.5 0.1 15.0 15.3 22.5 46.6 July 9'/ 0.3 8.9 '!.2 11.9 6.2 93.1 22.9 Auguet 9'] 0.3 8.4 _ 7.2 11.9 6.2 93.2 22.'/ SeptembeY 97 8.7 7.9 3.3 8.2 6.2 44.5 21.'! AVERAGES 0.18 0.16 13.2& 0.0& o.e} 9."1i 9.Oi 34.4fi 0.16 1.4i 10.16 26.2k BCD - Certifica[ea of Deposit - Bank SCD - Certlficatea of Depoeit - 5 s L PID1 - Treaeury Secuzi[iee - T-Bill LAS - Local Agenry Inveetment Funde PA1 - Pde9bOOk/ChCcking PA2 - Caeh with Txuetee -Fiaet Truet PA3 - Checking/Self Help Houeing Loane MTN - Medium Term Notee BAC - Bankera Acceptances COM - Co�mnercial Paper - Diecount FAC - Federal Agency Iaeuee - Coupon FAD - Federal Agency Iseues - Diecount . TRC - Treaeuxy Securities - Coupon TRD - Treaeuzy Securitiee - Diecount MC1 - State 6. Local Govt Seriee MC2 - State & Local Govt Seriea - Couport LA1 - Fidelity Tzeasuzy Pool 10 10/10/1997 PM - 11 � PD Redevelopment Agency RDA INTEREST EARNINGS SUtRAARY ACCRUAL SEPTEMBER 30, 199'/ MONTK ENDING FISCAL SEPTEMBER 30, 1997 YF,AR TO DATE CD/Coupon/Diecount Inveetmente: Inteieat Collected $ 262,'l50.00 $ 499,486.82 PLUS Accrued Intereet at End of Peziod 1,083,455.93 1,OB3,455.93 LESS Acciued Inteiee[ at Beginning of Period ( 891,980.96) ( 420,008.60) ____"_____________ ____________'_____ Interest Earned duiing Period $ 454,424.9] 1,162,934.15 :....:va�a_��_ ..zs�__�_m��n..z�_ AAiUSTED by Premiuma and Diecounte 2,330.'/2 6,994.28 ADJUSTED by Capital Gains or Loeeee 0.00 0.00 __'________""_'"_' ___"'__'_______" Earninga during Period 456,'/55.69 $ 1,169,928.43 ' Mortgage Backed Securitiea: II]LEYE9t CO11eCted $ 0.00 $ 0.00 PLUS Accrued Intetee[ at End of Peaiod 0.00 0.00 LESS ACCrued I[1tele9[ at BEginniRg of Pexiod ( 0.00) ( 0.00) "'___ '_____"'__"""_ Intereat Earned during Period S 0.00 0.00 a'�".""'��:... .."'......�a a z." ADNSTED by Pzemiums and Diecounte 0.00 0.00 ADNSTED by Capital Gaina or Loeaee 0.00 0.00 '"_______ _______.� Earnings during Period 0.00 $ p pp - ...��'��'��...sa ��'��»�"..... Caeh/Checking Accounts: Interest ColleCted $ 159,288.35 $ 625,616.82 PLUS Accrued Inteiest a[ End of Period -3,760.00 -3,760.80 L65S Accrued Intereet at Beginning of Period ( -�6,538.8'/) ( -t1,405.12) _____'""__'_'___' ____'_'___"""___ Intereet Earned during Period $ 202,066.92 $ 663,261.14 .".��em��a.. �.e.....��e�«�a�. TOTAL Interest Earned duiing Pesiod $ 656,491.39 $ 1,826,195.29 TOTAL Ajuatmenta Erom Piemiuma and tliecotults $ 2,330."12 �$ 6,994.28 TOTAL Capital GaiRe or Loeeee $ 0.00 $ 0.00 ' " ____'"""_____"' TOTAL Earninga during Period S 658,822.11 S 1,833,189.5'/ ........"�`�""� "'�"`��a�'�� 11 30/30/199� RDA $100 MilliOn 9ond PM - 2 INVESTMENT POATFOLIO DETAILS - INVESTMENTS RDA SEPTEMBER 30, 1997 ACCRUAL INVESTMENT PURCHASE STATED '-" Y'iM "- Mp19J{�ITY DAYS IdOMeER ISSUER DATE B00% VALUE FACE VALllE MAR[(ET VALUE RATE 360 365 DATE TO MAT FEDERAL AG6NCY ISSUES - COUPON 15010 R Federal Home Loan Moitgage 10/22/96 1,000,000.00 1,000,000.00 999,500.00 5.800 6.123 6.208 03/19/99 534 FSDELITY 1REASURY POOL 11010 I Fidelity InetitutiORdl Caeh ],281,244.00 '/,281,244.00 'l,2B1,249.00 5.440 5.365 5.440 1 11011 R Fideli[y Inetitutional Caeh 1,631,6'/'/.00 1,631,6'!"l.00 1,631,6'!'l.00 5.4s0 5.365 5.440 1 11012 E eidelity Inetitutional Caah 0.00 0.00 0.00 5.210 5.139 5.210 1 11018 Fidelity Inatitutional Caeh 99,469.00 99,469.00 99,469.00 5.440 5.365 5.440 1 1303'] Fidelity Inetitutional Caeh 0.00 0.00 0.00 5.410 5.336 5.410 1 "__'_' _"'_____"_'" '""'__ "_"' _"__' SUBTOTALS and AVERAGES 9,012,390.00 9,012,390.00 9,012,390.00 5.365 5.440 1 TOTAL INVESTMENTS and AVG. S 10,012,390.00 10,009,890.00 10,012,390.00 5.4418 5.517t 54 �»_��_��sz�e_��e�ma�a�.��a��ee�.......��.......�e��:........._:......:�a 12 10/10/199] RDA $100 Million Hond PM - 3 INVESTMENT PORTFOLIO OETAILS - CASH RDA , SEPTEDIDER 30, 199'/ ACCRUAL INVESTMSNT PURCHASE STATED --- MM --- MATURITY DAYS NUt�ER ISSUER DATE BOOK VALVE FACE VALllE MARKE't VALUE RATE 360 365 DATE TO MAT '""'_'"'_"_'""""""""""'"_""'_'""'"__'"""__'____"""""""'"_"_'_"_"""""'""""""""""""""""""""""""""""'""""""""" CASH WITH TRUSTEE -FIRST TRUST 26000 Cash with Truetee 1.79 0.000 0.000 0.000 _'__"_'___________________'_________"'_"'_'______'_'__""___'_'_"'_____"'____ TOTAL CASH and INVESTMENTS $ 10,012,391.'/9 . ae�......a��e�e�a»a��'��'��e�»m..�'��"'mez�m'�'�'��"��...�«.�.....�..�.��` 13 10/10/1990 RDA 519.5 Million Bond PM - 2 INVESTMENT PORTFOLIO DETAILS - INVESTMENTS RDA 56P1'EhIDER 30, 199'] ACCRUAL INVESIMENT PURCHASE STATED --- YTM --- MAT[1RITY DAYS NUDIDER ISSUER DATE BOOR VALUE FACE VALllE MARKET VALUE RATE 360 365 DATE TO Mp7' FIDELITY TRfiASllRY POOL ]1008 R Fidelity Inatitutional Caah 1,618,632.00 1,619,632.00 1,618,632.00 5.440 5.365 5.440 1 11009 I Fideli[y Inatitutional Caeh 1,'/62,821.00 1,'l62,B21.00 1,'/62,821.00 5.440 5.365 5.440 1 13021 Fidelity Institutional Cash 0.00 0.00 0.00 5.360 5.2B'/ 5.360 1 11022 Fidelity Inatitutional Caeh 943.00 443.00 993.00 5.440 5.365 5.440 1 11023 Fidelity Snstitutional Caeh 1.00 1.00 1.00 5.440 5.365 5.440 1 '_____ ______ SUBTOTALS and AVERAGES 3,381,89'/.00 3,381,89'/.00 3,381,89'/.00 5.365 5.440 1 TOTAL INVGSTMENTS and AVG. $ 3,381,89'/.00 3,381,89'/.00 3,381,897.00 5.365} 5.440& 1 ....»a�a�e�.�.»............e.e�.....'........`.`......._�=�..a..e._.�.....:�a.:... 14 10/10/199� RDA $1].5 Million Bond PM - 3 INVESTM6NT PORTFOLIO DETAILS - CASH RDA SEP1'EI�IDER 30, 199'1 ACCRUAL INVESTMENT PURCHASE STATED --- Y1M --- MATURITY DAYS NUbIDER ISSUER DATE BOOK VALUE FACE VALUE MARI(ET VALUE RATE 360 365 DATE TO MAT _"`"""'_"""'""""'_"""""'""""""""""'_'""""'""""""""""'""__'___'_"'"'""""""""""'""'"'"""'_____'"'"""""""""""""" CASH WITH TRllSTEE -FIRST TRUST 26005 Cash with Truetee 0.89 0.000 0.000 0.000 ___'_____________'_'___"_"_'"'_____'""_""__'___'________'"___""_____'________ 1C)TAL CASH and INVESTMENTS $ 3,381,89].89 ��s��'��s�e��see��"�'��v�ae��m�`��'.`��ee�ea�.��...��..��`a��` 15 10/10/199� RDA S24 Million BOnd PM - 2 INVESTMENT PORTFOLIO DETAILS - INVESTMENT'S RDA SEPTEDIDER 30, 1999 ACCRUAL INVESIMENT PIIRCF3ASE . STATED --- Y1T7 --- MATURITY DAYS lII1MB6R ISSUER �ATE BOOK VALUE FACE VALUE MARI(ET VALUE AATE 360 365 DATE TO MAT _____'"__""______________________________________________________________________"________________________'_""___"""""""""""""____ P&OERAL AGENCY ISSl1E5 - COUPON 15014 Fedezal Na[ional Moitgage A O1/16/9� 3,999,661.6] 4,000,000.00 4,001,250.00 5.600 5.630 5.'/08 O1/16/90 10� FED&RAL AGENCY ISSUES - DISCOUNT 16013 E Fedeial National MOitgdgE A 09/30/9'] 4,864,'/52.'/8 S,OOU,000.00 4,862,000.28 5.380 5.530 5.606 03/30/98 180 TREASUAY SECURITIES - COUPON 1']0�'/ I Uni[ee Statea Treaeury 0]/O1/94 999,992.49 1,000,000.00 1,000,93'/.50 6.000 5.921 6.003 11/30/9] 60 17089 Unitea States Treaaury 06/02/9'/ 4,995,9'JS.B3 5,000,000.00 5,000,000.00 5.250 5.996 5.5']3 12/31/9'l 91 ________""'_ _""_________ _'________"__ _"'__ '_'___ __'__' SUBTOTALS and AVERAGES 5,995,968.32 6,000,93'1.50 6,000,000.00 5.56"! 5.649 86 FIDELITY 1R6ASURY POOL 11002 I Fidelity InetitutiOnal Caeh '/,890,106.00 '/,890,106.00 7,890,106.00 5.440 5.365 5.440 1 11003 R Fidelity Inatitutional Caeh 748,248.00 748,240.00 748,248.00 5.440 5.365 5.440 1 11003 E Fidelity Znetitutional Caeh 2,616,00'/.00 2,616,00'/.00 2,616,00'1.00 S.t40 5.365 5.4a0 1 11019 Fidelity Inatitutional Caeh 1�.00 17.00 17.00 5.360 5.287 5.360 1 11020 Fidelity InetitutiOnal CaBh 0.00 0.00 0.00 5.160 5.089 5.160 1 11029 Fidelity Inetitu[ional Cash 69B,3B8.00 698,388.00 698,388.U0 5.440 5.365 5.440 1 SUBTOTALS and AVERAGES 11,952,766.00 11,952,766.00 11,952,766.00 5.365 5.440 1 TOTAL INVESTMENTS and AVG. $ 26,813,148.77 26,816,953."!8 26,952,'/66.00 5.48U& 5.556t 68 �`��»�..�.�'.'�..��es�»s�«��«��....��'��"�� 16 10/10/199] RDA $29 Million Hond PM - 3 INVESTMENP PORTFOLIO DETAILS - CASH RDA SEPTEMBER 30, 1999 ACCRUAL INVESTMENT EURCHASE STAT£D --- Y1T1 --- MATURII'Y DAYS NUMIDER ISSUER DATE H00% VALUE PACE VALUE MAR1(ET VALVE RATE 360 ' 365 DATE TO MAT '________________"'__"_______'_""_______________________________________'"'___"_""______""_______________________________________ CASH WITH TRUSTEE -FIRST TRUST 26002 Cash with Truetee 2.3'/ 0.000 0.000 0.000 TOTAL CASH and INVESTMENTS $ 26,813,151.14 17 10/10/199] RDA $9 Million Bond PM - 2 INVESTMENT PORTFOLIO DETAILS - INVESTMENTS RDA SEPTEPIDER 30, 1999 ACCRlIAL INVESTMENT PllRCHASE STATED --- Y1M --- MATURITY DAYS� NUMBER ISSUER DATE BOOK VALVE FACE VALUE MAR%ET VALVE RATE 360 365 DATE TO MAT _____""____"__________________________________"____"________'_______"__""_______________""__"__"'_____________________'__________ FEDERAI. AGENCY ISSUES - COUPON 15005 E Federal Home IAan Bank 06/14/95 2,115,B09.'/S 2,115,000.00 2,116,9B2.B1 6.105 S.B55 5.93'! 12/O1/9'/ 61 1'REASURY SECURITIES - WUPON 17013 R Uni[ea Statee Treasury 07/O1/95 10'/,040.25 704,000.00 107,965.�0 ].'/50 6.098 6.182 11/30/99 790 1'/015 E Unitea Statee Treaeury 0]/O1/95 231,095.65 231,000.00 231,216.56 6.000 5.645 5.'/24 11/30/9'1 60 ____________"' ___"_"_"_'_' _____________' _"'""_ '_____ ______ SUBTOTALS and AVERAGES 338,135.90 339,181.56 335,000.00 5.'l88 S.B69 291 FIDELITY TAEASVRY POOL 11005 I Fideli[y Inatitutional Caeh 1,560,856.00 1,560,856.00 1,560,856.00 5.440 5.365 5.440 1 13006 R Fidelity Inetitutiondl Caeh 20,993.00 20,993.00 20,993.00 5.460 5.365 5.440 1 11025 Fidelity Inetitutional Caeh 0.00 0.00 0.00 5.360 5.287 5.360 1 11026 Fidelity Inetitutional Caeh 0.00 0.00 0.00 5.440 5.365 5.440 1 11027 E Fidelity Ine[i[u[ional Caeh 304,795.00 304,745.00 304,795.00 5.440 5.365 5.440 1 11028 Fidelity Inatitutional Caeh 6'/.00 6'1.00 6'/.00 5.440 5.365 5.440 1 SVBTOTALS and AVERAGES 1,886,661.00 1,886,661.00 1,BB6,661.00 5.365 5.940 1 TOTAL INVESTMENTS and AVG. $ 4,390,601.65 4,342,825.3'/ 4,336,661.00 5.63]k 5.'l15t 53 ��a�`��"��'��'��`��'��'�'��s��'�� 18 10/10/199� RDA $9 Million Hond PM - 3 INVESTMENT PORTFOLIO DETAILS - CASH RDA SEPT6DIDER 30, 199'I ACCRUAL INVESTMENT PURCHASE STATED --- YTF1 --- MATURSTY DAYS NUf�IDER ISSUER DATE BOOK VALUE FAC£ VALUE MARKET VALUE RATE 360 365 DATE TO MAT ___"_'"___"_____________"'___"_________________________________"_________________________________________________________________" CASH WITH 1RUSTEE -FIRST TRUST 26003 Cash with Truetee 3.06 0.000 0.000 0.000 TpTAL CAS}i and INVESTMENTS $ 9,340,604."11 �::�:�m.�:�.:aaas��..�::.��..��.��:e:z=::�ma:«�....��ses:seaeess�ea»e_e� 19 10/10/199� Low Mod Set-aside Refunding Pm - 2 INVESTMENT PORTFOLIO DETAILS - SNVESTMENTS RDA SEPTEhIDER 30, 199"/ ACCAUAL INVESTMENT Pl1kCHASE STATED --- YTM --- MATORITY DAYS NUFIDER ISSUER DATE BOOK VALUE FACE VALUE MARKET VALUE RATE 360 365 DATE TO MAT FIDELITY TR&ASURY POOL 11030 R Fidelity Ine[itutional Caeh 653,643.00 653,643.00 653,643.00 5.990 5.365 S.aaO 1 11031 Fidelity Inetitutional Caeh 8.00 8.00 8.00 5.360 5.28'/ 5.360 1 11032 Fidelity Ineti[u[ional Caeh 0.00 0.00 0.00 5.150 5.0'/9 5.150 1 11040 Fidelity Inetitutional Caeh 3'/1.00 3'/1.00 3'11.00 5.990 5.365 5.940 1 __________"___ ________"_____ _'____________ ______ _____' ______ SUBTOTALS and AVERAGES 654,022.00 654,022.00 654,022.00 5.365 5.940 1 TOTAL INVESTMENTS and AVG. $ 654,022.00 654,OZ2.00 654,022.00 5.365t 5.4406 1 �..��»>��a��a�a��aa��..._e��=�nam�s�as��a_a��a�me��v�amm��...........�� 20 10/10/199� Low Mod Set-aeide Refunding PM - 3 INVESTMENT PORTPOLIO OETAILS - CASH RDA SEPTEI�ER 30, 1999 ACCRUAL INVESTMENT PI7RCHASE STA1'ED --- Y1M --- MATURITY DAYS NUhIDER ISSUER OATE HOOK VALVE FACE VALUE MARI(ET VALUE RATE 360 365 DATE TO MAT _____"______"___________________________________________________"____"______________'________________""""_"___""""_"_"___"'____"" CASH WITH TRUS1'EE -FIRST TRUST 26004 Caeh with T2ue[ee 1J6 0.000 0.000 0.000 '_________________'""'""______'_'_"_"_"____'"_'__'_______"_"'___'_____"__"__"_ TOTAL CASH and INVESTMENTS $ 659,023.'/6 ..�sazz==��ea:....sa«.��e==s.:...sa�a.....:.aaaasae.....n��e�.�......��a�..... 21 10/10/199] Proj Aiea 1-199] refunding PM - 2 INVESTMENT PpRTFOLIO DETAILS - INVESTM6NTS RDA SEPTEPffiER 30, 1997 ACCRIIAL INVESTMENT PURCHASE STATED --- Y1T1 --- MATURITY DAYS NVPIDER ISSUER DATE BOOR VALUE FACE VALUE MARXET VALUE RATE 360 365 DATE '1C) MAT STATE 4 LOCAL GOVT SERIES 19002 State 6 Local Govt Ser Secu 0"//24/9'1 308,933.00 308,933.00 308,933.00 0.000 0.000 0.000 10/O1/9'1 0 19003 Sta[e fi Local Govt Ser Secu 0']/24/9'/ 3]2,455.00 3'/2,455.00 3'I2,455.00 0.000 0.000 0.000 10/16/97 15 19004 SGate fi Loca1 Govt Ser Secu 0'1/24/9"1 298,145.00 240,145.00 248,]45.00 0.000 0.000 0.000 O1/29/90 120 19005 5[ate & Local Govt Sei Secu 0']/24/9'l 3'/2,455.00 3']2,455.00 3'/2,955.00 0.000 0.000 0.000 03/OS/9B 155 19006 State k Local Gov[ Ser Secu 0'1/24/9'1 1,542,8'/1.00 1,542,8]1.00 1,542,8'/1.00 0.000 0.000 0.000 09/O1/90 182 1900'! State 6 Local GovC Ser Secu 0'!/24/9'I 361,813.00 361,813.00 361,813.00 0.000 0.000 0.000 09/09/98 189 19008 State & Local Govt Ser Secu 0'//29/9'/ 239,715.00 239,715.00 239,715.00 0.000 0.000 0.000 10/O1/98 365 19009 State & Local Govt Ser Secu 0'I/29/9'/ 12,65'1.00 12,65'I.00 12,65'/.00 0.000 0.000 0.000 03/25/99 590 19010 State & Local Govt Ser Secu 0�/24/9'/ 1,581,41'].00 1,581,41'/.00 1,581,41].00 0.000 0.000 0.000 04/O7/99 54'] 19011 State S I.ocal Govt Sez Secu 0]/24/9'/ 12,656.00 12,656.00 12,656.00 0.000 0.000 0.000 09/16/99 '/15 19012 State 6 Local Govt Ser SeCu 0'//24/9'/ 1'/'l,191.00 1'/'/,191.00 1'/'1,191.00 0.000 0.000 0.000 10/O1/99 73� 19013 State � Local Govt Ser Secu 0'//24/9'/ 12,65'/.00 12,65'/.00 12,65�.00 0.000 0.000 0.000 03/09/OU 890 19019 State 6 Local Govt Ser Secu 07/24/97 1,622,191.00 1,622,191.00 1,622,191.00 0.000 0.000 0.000 04/O1/00 913 19015 State & Local Govt Ser Secu 07/24/9'] 361,813.00 361,813.00 361,813.00 0.000 0.000 0.000 04/12/00 924 19016 State s IqCal Govt Ser Secu 07/24/97 158,275.00 150,275.00 158,275.00 0.000 0.000 0.000 10/OS/00 1,100 1901'] State 6 LOCal Govt Ser Secu 0'//24/97 12,656.00 12,656.00 12,656.00 0.000 0.000 0.000 03/29/O1 1,275 19018 State & LOCal Govt Ser Secu 07/24/97 1,664,977.00 1,664,977.00 1,664,977.00 0.000 0.000 0.000 04/O1/O1 1,2'18 19019 State 6 Local Govt Ser Secu 0'//24/97 32,656.00 12,656.00 12,656.00 0.000 0.000 0.000 09/20/O1 1,450 19020 State fi I.oCal Govt SeI SeCu 07/24/97 88,827.00 BB,827.00 88,827.00 0.000 0.000 0.000 10/O1/O1 1,461 19021 State 6 Local Gov[ Ser Secu 0'//24/9'/ 12,656.00 12,656.00 12,656.00 0.000 0.000 0.000 03/14/02 1�625 _""_______'__ _'_"'______'__ ____'____'"__' '_"" """ "'____ SUBTOTALS and AVeRAGES 9,1'!'l,016.00 9,1']'J,016.00 9,1'1'1,016.00 0.000 0.000 638 STATE 6 IACAL GOVT SERI25 - COUPON 19500 State S LOCal Govt Ser SeCu 0]/24/97 5,696,827.00 5,686,827.00 5,686,92].U� 3.165 3.122 3.165 04/O1/02 1,693 19501 State 6 Local Govt Ser Secu �"//24/9'! 60,'/42,835.00 60,']42,835.00 60,]92,835.00 6.090 6.00] 6.090 04/18/02 1,660 '_'________"_ ___"' '__'_' _'_"_ SU9TOTALS and AVERAGES 66,429,662.00 66,929,662.00 66�429,662.00 5:960 5.840 1,659 TOTAL INVSSTMENTS and AVG. $ 'l5,606,6'/8.00 75,606,6'/8.00 75,606,6]9.00 S.O61k 5.131$ 1,535 ..........'.��»�»....:.........a��.......`.`...��"�......'��........` 22 30/10/199� 1996 Deeert Roee Seriee A PM - 2 INVESTMENT PORTFOLIO DETAILS - INVESTMENTS RDA SEMEhIDEA 30, 199'/ ACCRUAL INVESIMENT PURCHASE STATED --- Y1M --- MAT[IAITY DAYS NUFIDER ISSUER DATE BOOK VALUE FACE VALUE MAI21(ST VALUE RATE 360 365 DATE TO MAT TREASURY SECURITIES - COVPON 1']0'/8 R Uni[es SCatea Treasury 10/03/96 999,970.38 1,000,000.00 1,000,312.50 5.625 5.580 5.658 10/31/9'/ 30 FIDELITY 1REASURY POOL 11046 Fidelity Inetitutional Caeh 3,853.00 3,053.00 3,853.00 5.440 5.365 5.440 1 1104] Fidelity Inetitutional Caeh 88,442.00 89,442.00 88,442.00 5.440 5.365 5.440 1 11048 Fidelity Inetitutional Caeh 0.00 0.00 0.00 5.220 5.148 5.220 1 11053 Fidelity Ine[itutional Cash 1,5'/4,6'/1.00 1,5'/9,6'/1.00 1,5�4,6'/1.00 5.440 5.365 5.440 1 11054 Fidelity Inetitutional Caeh 1,395.00 1,395.00 1,395.00 5.440 5.365 5.4a0 1 __ '____ ______ ____'_ ______ SUBTOTALS and AV6RAGfiS 1,668,361.00 1,668,361.00 1,668,361.00 5.365 5.440 1 TOTAL INVESTMENTS and AVG. $ 2,668,331.18 2,668,6'/3.50 Y,668,361.00 5.446} 5.522& 12 a.."��".'.""'�.��.�.....��a::".":"':""'........"'...��'.."'...�a a::�_" 23 10/10/1999 1996 Deaert Roae Seriee A pp� - 3 INVESTMENT PORTFOLIO bETAILS - CASH �p � SEPTEDIDER 30, 1997 ACCRUAL INVESTMENT PURCHASE STATED --- YTM --- MATURITY DAYS NUMBSR ISSUER DATE BOOR VALUE FACE VALUE MpR7(gT VALVE RATE 360 365 DATE TO MAT CASN WITH TRUSTEE -FIRST TRVST 26008 Cash with Truetee 5.91 0.0�0 0.000 0.000 TOTAL CASH and INVESTMENTS 5 2,668,33'/.09 24 10/10/199� 1996 Deeert Roee Seriee B pM _ z INVESTMENT PORTFOLIO DETATLS - INVESTM6NTS �p � , SEPTEI�ER 30, 199] ACCAUAL INVESTMENT PURCHASE STAT6D "' Y1M -'- MATqRITY DAYS NUM9ER ISSUER DATE BOOK VALVE FACE VALUE MARi(ET VALUE RATE 360 365 DATE TO MAT __________"_____________"_"________'__________'______________"_____________"_"""""""""""'""""""""____"____________"______________ FEDERAL AGSNCY ISSU65 - O�VPON 15016 Fedezal Farni Credit 02/29/9'l 1,499,']94.29 1,500,000.00 1,499,531.25 5.400 5.472 5.548 12/02/9'/ 62 15015 Federal Aome Loan Hank 02/24/9'/ 999,936.81 1,000,000.00 1,000,000.00 5.400 5.930 5.506 11/26/97 56 ' '_______"___' "'____'"""'__ ____'_ "____ _"__' SUBTOTALS and AVERAGES 2,499,731.10 2,499,531.25 2,500,000.00 5.455 5.531 60 FIO&LITY TREASURY POOL 13049 Fidelity Ingtitutional Caeh 9,495.00 9,495.00 9,495.00 5.440 5.365 5.440 1 11050 Fidelity Inetitutional Caeh 820,5'l6.00 820,5'/6.00 820,5'/6.00 5.940 5.365 5.940 1 51051 Fidelity Inetitutional Caeh 0.00 0.00 0.00 5.220 5.148 5.220 1 11052 Fidelity Inetitutional Caeh ' 2,886,633.00 2,886,633.00 2,886,633.00 5.940 5.3fi5 5.490 1 ' '_" '______"' """'__ __'__' _'____ __'__' SUBTOTALS and AVERAGES 3,716,]04.00 3,'/l6,'/04.00 3,716,'/04.00 5.365 5.440 1 TOTAL INVESTMENTS and AVG. $ 6,216,435.10 6,216,235.25 6,216,709.00 5.402& 5.977$ 25 �::.:.......:..::................:......ea��s�.......��a��e....`��'��'.......�a�� 25 10/10/199] 1996 Deeert Rose Sexiea B PM - 3 . INVESTMENT PORTFOLIO DETAILS - CASx gpp SEPTEMBER 30, 199'/ ACCRUAL INV65TMENT PURCHASE STATED '"' YTM "' MATIIRITY OAYS NUhIDER ISSUEA DATE BOOR VALUE FACE VALUE MARKET VALUE RATE 360 365 DATE TO MAT CASH WITH TRUSTEE -FIRST TRUST 26009 Cash wi[h Tzuetee 1.59 0.000 0.000 0.000 TOTAL CASH and INVESTMENTS $ 6,216,436.69 2V 10/10/199] Blythe County Court Admin Ctz pM - 2 INVESTMENT PORTFOLIO DETAILS - INVESTMENTS RDA SEPTEPIDER 30, 199'I ACCRUAL INVESI'MENT PpR�HqSE STATEO -'- YTM -" Mp'(97RITY DAYS NUFIDER ISSltER DATE B00% VALUE FACE VALUE MARX6T VALVE RATE 360 365 DATE TO MAT FEDfiRAL AGENCY ISSOES - COUPON 15008 R Fedeial Faxm Credit 09/13/96 499,304.]9 500,000.00 501,"l18.']5 6.125 6.312 6.900 0'I/09/9B 281 FIDELITY TREASURY POOL 13039 Fidelity Inatitutional Caeh 106.00 106.00 306.00 5.440 5.365 5.440 1 11039 R Fidelity Inetitutiona� Caeh 36,436.00 36,436.00 36,436.00 5.440 5.365 5.440 1 13041 I Fidelity Inetitutional Caeh 99,201.00 99,201.00 99,201.00 5.44� 5.365 5.440 1 11042 Fidelity Inetitutional Caeh 12.00 12.00 12.00 5.260 5.188 5.260 1 11049 Fidelity Znstitu[ional Caeh 35,143.00 35,143.00 35,143.00 5.440 5.365 5.440 1 11055 Fidelity Inetitutional Caeh 135.00 135.00 135.00 5.990 5.365 5.440 1 ' ' "'_'____ _'_"' '___" ____" SIIBTOTALS and AVERAGES 171,033.00 171,033.00 171,033.00 5.365 5.440 1 TOTAL INVESIMENTS and AVG. $ 670,337.74 672,751.75 6]1,033.00 6.0714 6.1556 210 �....��..�.e_`=�......:...:......::::._.......::�::�........:a.:................... 27 10/30/1990 Blythe County Court Admin Ctr pp _ ; INVESTMENT PORTFOLIO DETAILS - CASH gDp SEPTEMBER 30, 199'! ACCRUAL INVESTFFIEMMl PURCHP,SE STATED -'- y'�qq --- Mp1'pRI1'Y DAYS NUM1IDER ISSUER DATE BO0]( VALUE FACE VALUE MARKET VALUE RATE 360 365 DATE TO MAT ________"_____'______________"_________________________________"___________'_______"_________"_________________"_____________'""" CASH WITH TRUSTEE -FIRST TRUST 26007 Cash with Truatee 2.56 0.000 0.000 0.000 _"______"_____"__'_'__"'_'___'_______"__'"_____'__"'_"____""_____""'_'__ '1Y)TAL CASH and INVESTMENTS 5 6]0,340.30 28 30/10/199v aedevelopment agency - Gmeral PM - 2 INVESTMENT PORTFOLIO DETAILS - INVESTMeNTS RDA SEPTEFIDER 30, 199'/ ACCRVAL INVESTMENT PURCHASE STATBD --- Y1T1 --- MATORII'Y DAYS NIIMBER ISSUER DATE HOOR VALUE FAC6 VALVE MARI(ET VALUE RATE 360 365 DATE TO MAT __________________________"_"________"_'"_______"_"'_________"__'___________"__"__________"___________"_"________'____""__________ IlJCAL AG6NCY INVESTMENT FVNDS 21000 LOCdl Agency InveetmEnt Fun 12,983,9'/8.45 12,983,9'/9.95 1],983,9'/8.45 5.6'/9 5.601 5.6'19 1 FEOERAI. AGENCY ISSVES - COUPON 15019 Federal Home Loan Hank 02/13/9'/ 1,000,000.00 1,000,000.00 1,000,312.50 6.040 6.040 6.124 OB/13/98 316 TREASURY SECVRITIES - COUPON 17069 Unites Statea Treasury OS/24/96 2,001,255.09 2,000,000.00 2,006,8'J5.00 6.125 5.905 5.98'/ 03/31/98 181 1'10]] Unitea Statee Treaeury OS/30/96 996,911.31 1,000,000.00 998,'150.00 5.000 5.900 5.982 O1/31/98 122 17083 Unites Statea Treaeury 03/21/97 1,969,008.17 2,000,000.00 1,9Bo,000.00 5.000 6.1za 6.2os oz/15/59 soz '""""'_""'_ "'_"'__""_ "___'__"_'_' ______ _"___ "_'_' SIIBTOT%S and AVERAGES 4,967,174.57 4,985,625.00 5,000,000.00 5.991 6.0'!4 296 TOTAL INVESTMENTS and AVG. $ 18,951,153.02 18,969,915.95 18,983,978.45 5.]26t 5.806F 95 ...............es�e�a..........ma.............:��........:.......z.�::.............. 29 10/10/199] Redevelopment Agency - General PM - 3 INVESTMENf PORTFOLIO DETAILS - CASH ppp SEYTEt�IDEIt 30, 1999 ACCRVAL INVESTMENT PURC7IASE STATED '-- Y1T1 -" MATURITY DAYS NUMBER ISSUER DATE BOpA VALUE FACE VALVE MARKET VALUE RATE 360 365 DATE TO MAT CASH WITH TRUSTEE -FZRST RRUST 26006 Cash with Trustee 0.01 0.000 0.000 0.000 __"'_"'___"'_"____'"_"'____"___"_"______"'__"_"___'__""___"'____"_'____' TOTAL CASH and INVESTM6NTS $ 18,951,153.03 30 10/30/199� Self Help Checking PM - 3 INVESTMENT PORTFOLIO D6TAIyS - CASH RDA SEPTEFIDER 30, 199� ACCRUAL INVESTMENT PURCHASE STATED --- YTM --- MATURITY DAYS NUf�ER ISSUER DATE BOOR VALllE FACE VALUE MARI(E1' VALUE RATE 360 365 DATE TO MAT __"_"'_______________'"________________"__________"_____________"_'_____________________'______'___________"_______'___________"_ PASSHOOR/Cf�CRING 25002 B of A - Self Help Checking an,364.61 0.000 0.000 0.000 '__'_______""________'_"__'___'__"___"____"____'_____'_____'______'_""_'__' TOTAL CASH and INVESTMENTS $ 49,364.61 31 C N o a � �a � 4 0 0� o � 09 0 o.a a �o � � � � � o $s �gs $s W � y �� C � C Cp C �p Cp Cp Cp � Z'- Z 2 � 2'- Z m co-o� co-�� E n 2'- Z'- � U N � fn (O tA ln y ln tn Vl fn fn fn fA N � � y N W N N y N N N N N � N c W W W W W W W W W W W W W W W W } W W W W W W W W W w � y > rr yr ry > y > y �' > yr > > r y > > r rr > r n � Y Y Y Y > > > > T > � Y � > � T � Y y a J Q J a J Q J ~ J ~ J H U F U F U � U F U � U � U F U � � O � O �- O r O � O � g � � r � Va- O ~ � !a- O ~ � � � F O U f/1 d N d V1 1 tq 4 N 6. v1 tp fq W a. N vl d fA (A tq d W � I Ip T �J m@� '4�° CNO NC � E> EL° 9@� �� v �.-m�`4�n � Y.{ y oy oi $ '$ ��`Q y�c G+�Z°y v 8i E� a�m�o N C� C�� H 'wQ�E� CO� 0 p y� �� J r E E �0 $ � �� vio� � S �r E �m�� a° c c c � �`- c o � E`n`_u.�� o 0 o N °Wc�E � yvy � '��i�`o� _m�p e c c ��5 flm 9� � "'� `��g. NE�C`� n-3 `��;= � p ��mw i "�'c �'p� �,Sc `o �� q= 5 � �".n" � .p -Ld}��' o� OC �C�� S % y bQ")IId Q�A � ~ y r � ar4E�- m� � �p 2;no� ¢—ivSH s5��n j � E E E ce �oc�Npr my `o€ m�NQ[ �E a. �E Ln� e E 'E� E ? � G G G � �N O YY �� •O ��,,p� O NC� O O�� O tn vo ��oEs 6e � � d$�a�3 � va�o e N�`da� c v ��N Evi � � � �rn"d'c Z° '� 7 ��wp � �c�Sw cn z a�"�o•-rr"- a � i,2� t0 .�°� A� T y m W LL U' 2 . Z �, � c c c c � �Q� 0 0 0 �q � Y 'E� Ti • ' l3 ZS t+' ES c � n ;2�' u� in m in m �' � � � `�g.i� � o � � �jE o • o 0 0 0 0 '�r�j ��j �j � � � � u`3 v�i � � � � . � "o a m d� p a c � � �C y � m � m yY3 r $ � m� � a�'iq � n c 'F7 N � � ��(p�� Q1 l0 � N � N y � � N I� U�N y �f�. 6i a U C� Z C N N W � � "yp�S� ~ � a a 140 �� € LL � �� `� � � i S rn rn m E 3i � E � � �m ii �i" gm � ry � w c �� 7 � p Z �.. $ � � 'w a 472 ' V � �8 a �` m �� a 4 � � c y c Palm Deser! Redevelopment Apency Portfollo Composltion as of September 30, 1897 7he Palm Desert Redevelopment agency�s investment portfolio had a total book value of investments on 5eptember 30, �ss�of 5149,31a,994.46. The investments include: Fitlelitv Treasury Pooi-The Fitlelity pools are money market accounts that are tied to bond funds. The bontl trUstee uses the money in the Fitlelity pool accounts to pay for expenses. Deposits are matle from interest earnings, antl maturing investments. 7his month debt service payments were tlue, therefore, you wfll see a net tlecrease in the fidelity pool of$2.500.819.00. Loeal Aaencv Investment Fund (LAIF)-The State of California operates an investment pool for the exclusive use of municipalities and other local agencies. Each account has a maximum limit of S2o million antl funqs are available for withdrawal tlaily. There was no change in the LAIF balance from August 31, 1997 to September 30, 1997. Federel Aaenev Counons-This group inclutles all Fetleral government agency issues that pay periodic interest paymentls) prior to maturity. These items can be purchased at a premium or a discount. rhe category aecreased by S95.o3 wnich is the amortization of securities purchased at a premium. Federal Aaenev Discount-This type of security is also issuetl by Fetleral government agencies, but they do not receive interest payments Iike the coupon securities. They are purchased for an amount less than the face value. The interest earnings is the tlifference between the cost and the face value received at maturity. There is an increase of S4,864,753.78 resulting from the purchase of S5 million ot discount notes. 7reasury touuons-These are securities issuetl by the Unitetl States Treasury called treasury notes. rhey are like the fetleral agency coupons in that they pay periodic interest payment(sl prior to maturity and can be purchased at a premium or a tliscount. The category tlecreased by 55,997,574.25 which resulted from the maturity of S6 million on treasury noYes antl the amortization and accretlon of securities purchased at a premium or discount. Certifieate of Deoosit•This is a bank time tleposit. The 5450,605.00 in CD�s that maturetl in September were special tleposits being help in trust by the RDA. When they maturecf the funtls were returned. �tate antl Local Govemment Series c5LG5)-This a unique type of security that was created by the Treasury department to be used exclusively to invest bond proceeds for refunded municipal bonds. There are two types, O those that earns 0% interest antl m tnose that earn interest paitl twice a Year calletl coupon. The tlecreased in SLGS of S372,455.00 resulted from maturing investments. rhe total sook vawe of the portfolio is the carrying cost of tne investments. In the month of September the book value showetl a net tlecrease of 54,456,795.50. Thls resultetl from bontl tlraws antl tlebt service payments in excess of S3 mfllion, 51,090,000.00 from a matured RDA investment that was temporarlly in the City money market sweep account, antl the S450,605.00 certificate of qeposit that was returnetl to the depositor. Market Value is the amount that would be receivetl if the entire portfollo was soltl on the reporting date. On September 30, �997, the market value was greater than the book value by 524,848.14, that is tlescribetl as a gain in the Gain(Loss)section of the report. � gsa � • e � m c ��n b � E y i. < $ g i m _ � . S. � 1', . . 6 g = ( � 6 X T � Q x � - x B " g � x Ba �a % s $ � � s� g-�� g mE s � � �" � : � � . � 8 mfi � ^ E F � 4 X -s° � �� 9 a n E � � n� y� g 8 a s ,,' � . . .. R ` � g : `€ ' �SE $ �. . . � ,., i . . . � s a � ' � _ � � z o � s „ s _ o � w ��x $ � �o x wOr $ ar$ _ � � 8.� 8 m . R � . o" tt O8� � .e ��.. . x �w� m N g 8 �rH ¢`�h �� w- p . ._,__. _._ . � � a �f b p p ppoyp <' 800gmN 0000 YI Y�101 ��•..' . m �' »�� Q � g3� - a co "r v� n � � � � 8� � y � »� a » �« � ' � e Gpppp {p p 6 �X � O No NNO�1 SO00 O � fO i g� < o ^ � m �i� ^ � ww� o a � - . m � �� B � � B �� « ,�»� q LL $m m �� Q � � ,_- � � _ W «, w € � ; g �n " ` a s s x m g(� � gt°�y8ong1� gpgg �p� Fov°Di. � a �� Y , � 4 m N ron N W M N O N fD h aD O Ol � m X C , � «D W YI aD 0 <D Q h 1� Q � Q m i� m� c m m g v c$" E.� � �. � N� v iph� n{�»n v o Y � Ylj �N � � (�p M N Yl m� LL . .> � � c u lA N 19 M H � g!_^ � Q � p � � C fr t c , E $ � � No ys �� U � ' B o � 8 � � ° ,� � � s � � a � � � mm � ,� .y° o g � r rAm o� ° � . x � � d a � z' �r S c S. � � �'g° . : � � AW E � � � � 88a0o ^ v �s ° q �} U O .� OJ�Zy rJ J N O7 �� a o r a _ --:. -- @@ � 8 a ro m > d F � o" E $ �° � 2 u � � op '�-� m �� X � :Q,t. � H LL � U LL LL !- U F N N m C� rC . . ��$ s $ ry o . .� .., � � ,, . , . ,. : e.�� . � . � . ,� . . _ 4 � � �; . ,. _ a.. . �. v��, � .,�. ��,� , T' _ City of Palm Desert Montn-end Investment Report September 3d, 1997 TABIE OF CONTENTS INVESTMENT INFORMATl4N FOR ENTtRE PORTFOLIO Port€alfo Master'Summary 1 tnvestment Portft�lio Detail - Investments 2 Investment Portfollo Detail -Cash 5 Portfolio Master tnvestment Activity by 7ype 6 InvestmentActlWty Stxmr�ar� 9 pls�rlbution of Inv+�tments by Type 10 inter�st Earnings Sl�mmary 11 Ir�veStrnent PortfialM Compliance ChecklisC 38 Portfailo Gomposftion Description 39 1NVE5TMENT INFORMATION BY FtiNDBOND ASsesssment Distrkt 83-1 12 1995 R�fU�dil'19 BOnd 84-1•R 14 ASSes5k►lent dlStFi�t 87-1 16 Itldldn Ridge 91-1 *.�.HeS A . 18 rndtan �id9e s�-��er�es s 2a StetrB NOv192-1 22 Btg Harn 94-1 24 Stinterrace 94-2 26 aterrano s4-3 2s 95 Refunding Bor►d 83-1,84-1-R, 87-1 �Q Llbrary Foundaticrn 33 City GerlerdF Fu14t1 33 C[ty Loan to RDA 35 OfFice Complex 36 30/10/199] City of Pdlm Deeeit PM - 1 PORTFOLIO MASTER SUMAHRY CITY SEPTEM1IDER 30, 199'] ACCRUAL AVERAGE ---YIELD TO MATURITY--- P6RCENT OF AVERAGE DAYS TO 360 365 INVESTTtENTS HOOK VALUE PORTFOLIO TERM MATpJ217'Y EQUIVALENT EQUSVALENT Fidelity Tieaeury Pool.......................$ 5,296,605.00 5.64 1 1 5.365 5.440 Local Agency InveetmEnt Funde................$ 13,446,010.96 14.44 1 1 5.612 5.690 Pasabook/Checking Accounte...................$ 6,043,069.9'/ 6.49 1 1 4.56'/ 4.630 Fedezal Agency Ieaues - Coupon...............$ 25,506,59'/.39 2'/.39 951 '/l9 6.133 6.218 Treasury Securitiea - Coupon................ .5 23,896,359.01 25.66 ']81 343 6.006 6.090 City Loan to RDA....... . .. . . ............. .. . .$ 19,000,000.00 20.90 2,192 1,369 5.462 5.538 TOTAL INVESTMENTS and AVERAGES........... ..5 93,140,631.83 100.007 908 564 5 '/44& 5.823t ....aan�_e`�`ss�ma...�«�_�_'��___�""_____��___�_':.....�� CASH Paesbook/Checking - No Yleld Totdls..........$ 1,261,9'/4.08 0.000 0.000 (not included in yield calculatione) Acciued Intereat aC Purchase.................$ '/8,095.91 "'_"___"__" '_'"""'______ TOTAL CASH and PURCHASE INTEREST......... . ...$ 1,340,069.99 a�e��e�m�s��........e.:�.:.....��........................z:m....e.......... TOTAL GSH and INVESTM6NTS.. ...............$ 94,480,001.82 ��v��a�:::'_`:�:..��e�_�z..:.".....��»:��.:.....��se�::�wrwawRnw.wav MONTH BNDING FISCAL TOTAL EARNINGS SEPTEPIDER 30 YEAR Tp DATE Cltrrent Yeaz 5 437,206.60 $ 1,355,048.�4 AVERAGE DAILY BALANCE $ 92,062,843.09 $ 94,815,116.03 EFFECl'IVE RATfi OF RETORN 5.78& 5.6'/t The inveetment por[folio of the City of Palm Deeert compliee with ita Inveetment Paul 5. Gibeon Policy and the California Government Code eectione pertaining to Che inveetment Treaeuzer of local agency fu�de. Pending any future actione by ehe Ci[y Council or any � unforeeeen catastrophy ehe City hae an adequate caeh flow to mee[ ite expenditure requirementa for Che nrac[ eix mon[he. The month-end market valuee DATE were ob[ained from Firet Tzue[ and IDC Datafeed pricing eervice. � 10/10/199] City of Palm DEaeit PM - 2 INVESTMENT PORTFOLIO DETAILS - INVESTMETTTS CITY SEPTEMBER 30, 199'1 ACCRUAL INVES'1MIIJT AVEftAGE PORCHASE STATED --- Y'1T7 --- MATURITY DAYS NUPIDER ISSUER BALANCE DATE HO01C VALUE FACE VALUE MARRET VALUE RATE 360 365 DATE TO MAT _____________""____"_"__"""_'_______""'____'_"______"__________________________"____"______________________'_"_____________""'___" FIDSLII'Y TREASURY POOL 12004 Fidelity Ine[itutional Caeh 0.00 0.00 0.00 5.220 5.148 5.220 1 12005 Fidelity I�e[itutional Cash 0.00 0.00 0.00 5.440 5.365 5.440 1 12006 R Fidelity Inetitutional Caeh 209,OB5.00 209,085.00 209,085.00 5.440 5.365 5.440 1 1200] Fidelity Ina[itutional Caeh 352.00 352.00 352.00 5.440 5.365 5.440 1 12009 I Fidelity Inetitutional Caeh 35,305.00 35,305.00 35,305.00 5.990 5.365 5.440 1 12010 R Fidelity Inetitutional Caeh 183,200.00 183,200.00 183,200.00 5.940 5.365 5.440 1 12011 Fidelity InetitutiOndl Cd9h 0.00 0.00 0.00 5.140 5.070 5.190 1 12012 I Fidelity Institu[ional Cash 403,218.00 iO3,218.00 403,218.00 5.440 5.365 5.440 1 12013 R Fidelity InstituGional Cash 125,924.00 125,924.00 125,924.00 5.440 5.365 5.440 1 12015 Fideli[y Inetitu[ional Caeh 664,302.00 669,302.00 664,302.00 5.440 5.365 5.440 1 12016 I Fidelity IneCitutional Caeh 968,842.00 468,892.00 468,842.00 5.440 5.365 5.a40 1 12018 R Pidelity Inetitutio�al Caeh 648,215.00 648,215.00 648,215.00 5.440 5.365 5.940 1 12019 FideliCy Inetitutional Cdeh 428.00 428.00 428.00 5.440 5.365 5.990 1 12020 I Fidelity Inetitu[ional Caeh '/,233.00 ],233.00 '/,233.00 5.440 5.365 5.940 1 12021 Fidelity Ine[itutional Cash 519.00 519.00 519.00 5.440 5.365 5.940 1 12022 R Fidelity Inetitutional Caeh 518,204.00 S1B,209.00 518,204.00 5.440 5.365 5.940 1 12023 Fidelity InstiCutional Caeh 0.00 0.00 0.00 5.360 5.287 5.360 1 12024 Fidelity Inatitu[ional Cash 0.00 0.00 0.00 5.210 5.139 5.210 1 12025 R Fidelity In�tiCutio�l Caeh 919,335.00 419,335.00 419,335.00 5.440 5.365 5.440 1 1202'/ R Fideli[y Ina[iCUCional Caeh 51,'/38.00 51,'/38.00 51,738.00 5.440 5.365 5.440 1 13028 R Fidelity Inatitutional Caeh 19�,140.00 14'l�140.00 14'1,140.00 5.440 5.365 5.440 1 12031 Fideli[y Ineti[u[ional Cash 20.00 20.00 20.00 5.440 5.365 5.440 1 12032 Fidelity Ine[itutional Caeh 9'/,036.00 47,036.00 4'/,036.00 5.400 5.326 5.400 1 12033 Fidelity Sneti[u[ional Caeh 0.00 0.00 0.00 5.430 5.336 5.410 1 12039 Fidelity ineti[u[ional Caeh 109.00 104.00 104.00 5.440 5.365 5.440 1 12035 Fidelity Inatitutional Caeh 486.00 486.00 486.00 5.440 5.365 5.440 1 12036 Fidelity Inetitutional Cash 143.00 143.00 143.00 5.440 5.365 5.440 1 12039 Fideli[y IDeti[u[ional Caeh 90.00 90.00 90.00 5.440 5.365 5.440 1 12039 Fidelity Inetitu[ional Caeh 0.00 0.00 0.00 5.4{0 5.365 5.440 1 12042 I Fidelity Institutional Caeh 606,200.00 606,200.00 606,200.00 5.440 5.365 5.440 1 12043 Fidelity In9titutional Cash 418,853.00 918,853.00 418,853.00 5.440 5.365 5.440 1 12043 R Fidelity In9titutiOnal Caeh 163,']86.00 163,'/86.00 163,'/86.00 5.990 5.365 5.440 1 12099 Fidelity Inetitutional Cash 0.00 0.00 0.00 5.150 5.079 5.150 1 12095 Fidelity IneCi[vYional Czeh 190.00 190.00 190.00 5.440 5.365 5.440 1 11046 FidElity Institutional Caeh 136.00 136.00 136.00 5.440 5.365 5.�40 1 12099 Fidelity Inatitu[ional Caeh 128,521.00 128,521.00 128,521.00 5.440 5.365 5.440 1 SUBTOTALS and AVERAGES 5,006,620.87 5,248,605.00 5,298,605.00 5�248,605.00 5.365 5.440 1 IACAL AGENCY INVESTMENT FUN�S 12000 LOCal AgenCy Invee[ment Fun 13,446,010.46 13,446,010.46 13,946,010.46 5.690 5.612 5.690 1 AVERAGES 12,512,6'1'/.13 2 10/10/199� City of Yalm Oeeeit PM - 3 INVESTMENT P6RTFOLIO DETAILS - INVESTMENTS CITY SEPTEFIDER 30, 1999 ACCRUAL INVESTMENT AVERAGE PURCHASE STATED --- Y1T1 --- MATORITY DAYS NUMBER ISSIIER HALANCE DATE BOOIL VALUE FACE VALllE MARKET VALUE RATE 360 365 DATE TO MAT ___________"__________'________"_______________"______"_________________'"_"'"'_"_____________________'___________________________ PASSHOOR/CHECRING ACCOUNTS 13007 Main Account (Sweep) - UBC 5,992,OB1.22 5,992,081.22 5,992,OB1.22 4.630 4.56'] 4.fi30 1 13012 Office Complex (Sweep) - UB 50,983.'/S 50,983.75 50,983.'/S 4.6'!0 4.606 4.6'!0 1 '__'__"'_________ ______"_"_""__ ____'_'_"_"___ __"'_"'___'_'_ _'___" '__'__ '_"_'" SUBTOTALS and AVERAGES 6,304,545.96 6,043,064.9'/ 6,093,069.9'! 6,043,064.9'/ 4.56'/ 4.630 1 FEDERAL AGENCY ISSUES - COUPON 14016 Federal Farm Credit Hank OB/04/9� 3,000,000.00 3,000,000.00 3,001,8'/5.00 6.000 6.000 6.083 OB/04/00 1,038 14005 I Federal Home Loan Hank 12/12/95 1,016,596.95 1,000,000.00 1,00'J,B12.50 6.285 5.608 5.686 0'I/29/00 1,031 1400'! Federal Home Loan Bank 10/24/96 3,991,993.68 4,000,000.00 4,000,000.00 5.820 6.019 6.102 11/02/98 39"/ 14011 Pederal Home Loan Hank 03/26/97 1,800,000.00 1,800,000.00 1,811,250.00 6.310 6.310 6.398 03/26/99 541 14014 Federal Home Loan Hank 06/30/97 2,000,000.00 2,000,000.00 1,99'/,500.00 6.250 6.250 6.337 12/30/98 455 14015 Federal Home Loan Hank 06/18/97 3,000,000.00 3,000,000.00 3,005,625.00 6.315 6.315 6.403 12/IB/98 493 14009 FED HOME I.OAN MOR1'GAGE CORP O1/09/9'/ 1,999,659.'/2 2,000,000.00 2,005,625.00 6.855 6.930 7.026 O1/09/02 1,561 - 14017 FED HOME IAAN MORTGAGE CORP OB/12/97 1,999,572.92 2,000,000.00 2,003,125.00 6.840 6.851 6.946 08/12/02 1,776 14019 FED HOME I/JAN MORTGAGE CORP 09/09/9] 2,001,95'1.24 2,000,000.00 2,002,500.00 5.840 5.636 5.]14 04/OB/98 189 14001 I Federal National Mortgage A 12/12/95 1,000,128.85 1,000,000.00 1,000,000.00 5.650 5.386 5.461 10/20/97 19 14UO2 I Fedeial National Mox'tgage A 12/12/95 1,045,'/29.64 1,000,000.00 1,042,500.00 8.450 S.8]] 5.958 0'//12/99 649 14004 I Federal National Moitgege A 12/12/95 1,075,89'/.24 1,000,000.00 1,0'/1,562.50 9.050 5.620 5.699 09/10/00 922 14012 Federal National Mortgage A 03/21/9'! 5'/9,133.69 580,000.00 581,268.'/S 6.240 6.350 6.438 03/19/99 534 34018 Tenneeeee Valley Auihority 09/09/9'1 1,001,028.02 1,000,000.00 1,002,500.00 5.950 5.836 5.917 09/15/98 349 "'__________"__ __"_'_"_____ __"_""""" _'_'__""__'_ "____ '__"_ ______ SVBTOTALS and AVERAG&S 24,'l07,960.26 25,506,59'/.39 25,533,193.75 25,380,000.00 6.133 6.218 ]19 TREASURY SECURITIES - COUPON 16006 R United Statee TreasuZy 12/12/95 486,166.11 984,000.00 484,756.25 5.875 5.241 5.314 OB/15/98 318 16007 I United Statee Treaeuzy 12/12/95 1,019,984.50 1,000,000.00 1,011,8'/5.00 6.3'/S 5.338 5.413 O1/15/00 836 36008 R United States Tieasury 12/12/95 464,'I46.15 445,000.00 461,965.63 8.000 5.279 5.352 OB/15/99 683 16U09 I United Statee Treasury 12/12/95 1,012,094.79 1,000,000.00 1,012,500.00 '1.8'15 5.212 5.284 04/15/98 196 16010 I U�i[ed Statee Treasury 12/12/95 1,016,BB].09 1,000,000.00 1,014,3]5.00 '/.125 5.2�2 5.345 10/15/9B 3'/9 16034 Uni[ed Statee Treaeury OS/31/96 1,999,383.40 2,000,000.00 2,005,000.00 6.000 5.96'/ 6.050 OS/31/98 242 16035 Uni[ed Statee Treaeury OS/31/96 1,990,699.04 2,000,000.00 1,99'l,500.00 5.125 6.041 6.125 03/31/98 1B1 16036 United Statee Treaeury 06/26/96 7,988,724.76 3,000,000.00 3,004,68'/.50 5.8'/S 6.252 6.338 oe/15/98 31B 1603'1 United Statee Treaeury 06/26/96 2,959,235.40 3,000,000.00 2,980,312.50 5.125 6.314 6.402 11/30/98 425 16038 United Statee Tzeasury 06/26/96 1,99'/,629.31 2,000,000.00 2,000,000.00 5.375 6.052 6.136 11/30/9'I 60 16042 United S[atee Treasury 09/13/96 1,991,996.95 2,000,000.00 1,99'/,500.00 5.175 6.068 6.152 02/28/98 150 16045 United StaCee Treaeury 09/05/96 1,996,040.95 2,000,000.00 2,008,125.00 6.125 6.270 6.358 OB/31/98 334 16047 United Statee Treaeury OS/O1/9"! 2,003,456.'/9 2,000,000.00 2,018,125.00 6.375 6.1'/l 6.25"! 04/30/99 576 16048 United Statee Treaeuiy 03/21/97 1,969,008.17 2,000,000.00 1,980,000.00 5.000 6.129 6.209 02/15/99 502 _'_'____'________ __________'__' _"'____"__" "___'_____'_' '_"'_ __"__ '_'___ SUBTOTALS and AVERAGES 23,893,796.47 23,89fi,354.01 23,976,721.88 73,929,000.00 6.006 6.090 343 3 l0/10/199� City of Palm Deeert PM - 4 INVESTMENT PORTFOLIO DETAILS - SNVE5IMENTS CTTY SEPTEMBER 30, 1999 ACCRUAL INVESTMENT AV&RAGE PURCHASE STATED --- YTM --- MATURITY DAYS NUMBER ISSUER BALANCE DATE HOOK VALUE FAC& VALVE MARI(ET VALVE RATE 360 365 DATE 1'O MAT ___'"""_"__________"_____"_'___"____"_"'_____""___"___________"__'_________________'______________'___""_________________""""__"_ CITY LOAN TO RDA 12001 Redevelopment Agency-Loan 0'1/O1/95 19,000,000.00 19,000,000.00 19,000,000.00 5.53B 5.462 5.538 0'l/O1/O1 1,369 AVERAGES :9,000,000.00 TOTAL INVESTMENTS and AVG. $ 93,140,631.83 93,299,546.06 91,425,600.68 93,046,680.43 5.'/44t 5.823i 564 4 l0/l0/1999 Ci[y of Palm Deeer[ pM - 5 INVESTMENT PORTFOLIO DETAILS - CASH CITY , SEPTEPIDER 30, 1999 ACCRUAL INVE5IMENT AVERAGE PURCHASE STATEO --- Y1T7 --- MA'('[1RSTY DAYS NUhIDER ISSUER BALANCE DATE HOOK VALUE FACE VALVE MARI(ET VALUE ftATE 360 365 ➢ATE TO MAT __'"'_""____"__"'_____'_'______________'__'___'______"___'_'_'_____"'"'""____'____""__"____"_'_"__"___"_'____'_____"______' PASSH001C/CHECRZNG ACCOSINTS 13009 Desert Willow Checking - BofA 2,'/94.00 0.000 0.000 0.000 13010 Desert Willow Savings - HofA 435,60B.62 0.000 0.000 0.000 13000 City Main Account - HofA 143,499.96 0.000 0.000 0.000 13003 office Complex Checking - BofA 6.04 0.000 0.000 0.000 13004 Office Complex Trust - BofA 0.02 0.000 0.000 0.000 13002 Bank of America - Savings 0.00 2.000 1.9"/3 2.000 13005 Library Foundation - UBC lo,o00.00 0.000 0.000 0.000 13006 City Main Account - UBC 595,866.35 0.000 0.000 0.000 13008 Office Complex Checking - UBC 50,722.96 0.000 0.000 0.000 13011 Office Complex Trust - UBC 23,490.41 0.000 0.000 0.000 ____"'____'__' "___""'____"" SUBTOTALS and AVERAGES 63'/,242.41 1,261,994.08 0.000 0.000 � Accrued In[ereet at Purchaee ']8,095.91 TOTAI, CASx S 1,340,069.99 n��=s a»�..""�_�'��e�e��..a a�'a"""""""""�"""..�«�.��e«��s..�"""�'=a a a'�"""" TOTAL CASH and INVESTMENTS $ 92,062,843.09 94,480,'101.82 a»n�a�:��::=z::s»me��.�a»��a��e��:a:m.�a..........�a.�:es�e��e:.......��«znma:....o...........�� 5 10/10/199] City of Palm Deeer[ pM - 6 PORTFOLIO MASTER INVESTM6NT ACTIVITY HY TYPE �1'ry SEPTEMBER 1, 199v - SEPTEMBER 30, 199'1 ACCRUAL STATED TRANSACTION PURCHASES SALES/MATURITIES TYPE INVESTMENT # ISSUER RATE DATE OR DEPOSITS OR WITF�RAWALS BALANCE "___""'__________________"_____________"__"______"""""""___________"__________'__"_______'__'________"__________________'__'"__ FIDELITY TREASURY YOOL (Monthly Summary) 12009 Fidelity In9titutional Cash 5.220 '11,885.00 12005 Fidelity Ineti[utional Caeh S.a4o 80,000.00 12006 R Fidelity Inetitutional Caeh 5.440 925.00 1200] Fidelity Inetitutional Caeh 5.440 87,198.00 12009 I Fidelity Inatitutional Caeh 5.940 35,305.00 35,149.00 12010 R Fidelity Inetitutional Cash 5.990 183,200.00 1'/'/,6'16.00 12011 Fidelity InetituGiOnal Caeh 5.140 12012 I Fidelity institutional Cash 5.940 1,'/19.00 12013 R Fidelity Ine[itu[ional Caeh 5.440 592.00 12015 Fidelity Ineti[uCional Caeh 5.440 663,950.00 12016 I Fidelity Inatitutional Cash 5.440 2,220.00 51,'/92.00 12018 R Fidelity Insti[utional Cash 5.940 2,82'/.00 12019 £ideli[y Inetitu[ional Cash 5.990 428.00 12020 I Fidelity Inatitutional Caeh 5.440 31.00 12021 Fidelity Ina[itutional Caeh 5.4a0 520.00 699,855.00 12022 x Fidelity Inetitutional Caeh 5.940 20,333.00 24,410.00 12023 Fidelity Ine[itutional Caeh 5.360 12024 Fidelity Inetitutional Caeh 5.210 12025 R Fidelity Institutional Caeh 5.440 1,835.00 1202'1 R Fidelity Inatitutional Caeh 5.940 238.00 12028 R Fidelity Inetitutional Caeh 5.440 640.00 12031 Fidelity Institutional Cash 5.440 5,750.00 � 12032 Fidelity Institutional Caeh 5.400 173.00 4,859.U0 12033 Fidelity InetiGutional Caeh 5.410 120,201.00 12034 Fidelity Inati[utional Caeh 5.440 309,573.00 12035 Fidelity Inetitutional Caeh 5.490 498,989.00 12036 . Fidelity Institu[ional Caah 5.490 396,934.00 3203'l Fideli[y InBCiCutional Caeh 5.490 93,256.U0 12039 Fidelity Institutional Caeh 5.990 189,950.00 189,450.00 12042 I Fideli[y IRStitutional Ca9h 5.940 59,132.00 12043 Fidelity Inetitu[ional Caeh 5.940 335,69'1.00 12043 R Fideli[y Inetitutional Geh 5.940 ]'/5.00 35,610.00 12044 Fidelity Inetltutional Cash 5.150 12045 Fid¢lity Inatitutional Caeh 5.440 1.00 12046 Fidelity Inetitutional Caeh 5.440 652,045.00 683,750.00 12049 Fidelity Inetitutional Caeh 5.440 89,501.00 SUBTOTALS and ENDING HALANCE 2,151,986.00 3,200,838.00 5,248,605.00 6 10/10/1999 City of Palm Oeeert PM - ] PORTFOLIO MASTER INVE5IMENT ACTIVITY BY TYPE CITY SEPTEDIDER 1, 1999 - SEPTEFIDER 30, 1999 ACCRUAL STATED TRANSACTION PURCE3ASE5 SALES/MhTURITIES TYPE INVESTMENT p ISSUER RATE DATE OR DEPOSITS OR WIT}mRAWALS BALANCE I.00AL AGSNCY INVE5IMENT £I1ND5 (Monthly Summary) 12000 Local Agency InveatmenG Fund 5.690 2,000,000.00 13,446,010.46 PASSBpOK�C}iECKING ACCO[RiTS (Monthly Su�mnary) 13009 Desert Willow Checking - HofA 0.000 75,212.30 13010 Deeert Willow Savings - HofA 0.000 13000 City Main Account - HofA 0.000 128,880.9'! 13003 OffiCe COmplex Checking - BofA 0.000 '1,10'l.4� 13004 Office Complex T[uat - BofA 0.000 18.1'I 130o2 aank of America - Savinge 2.00a 13005 Library Foundation - UBC 0.000 13006 City Main Account - UBC 0.000 599,547.67 13008 Office Complex Checking - UBC 0.000 184.32 13011 Office Compleac Truet - UBC 0.000 1300] Main ACCOmt (Sweep7 - [1BC 4.630 321,481.33 13012 Office Complex (Sweep) - I�C 4.6"10 50,983 JS SUBTOTALS and ENDING BALANCE '!'l9,596.'!1 403,819.27 6�043�064.97 CASH NITI{ TRVSTEE -FIRST 1RUST (Monthly Swm�ary) � 24001 Caeh with Trustee 0.000 0.]9 29002 Caeh with True[ee 0.000 1.17 24003 Caeh with True[ee 0.000 0.60 24004 Caeh with Tntetee 0.000 O.Se 24005 Cdeh with Tru9tee 0.000 0.90 24006 Caeh with Truatee 0.000 2,py 2900'1 Caeh with Truetee 0.000 0.50 29008 Caeh with Trustee 0.000 0.23 29009 Caeh with Trustee 0.001 0.67 29010 Caeh with Truetee 0.000 0.90 SOBTOTALS a[ld ENDING HALHNCE 3.71 4.59 0.00 FED6RAL AGENCY ISSUES - COI7PON 14019 FED HOME IqAN pIpRTGAGE CORP 5.840 09/09/1997 2�002�187.50 1401B Tenneseee Valley Authori[y 5.950 09/09/1997 1,001,093.'15 SUBTOTALS and GNDING BALANC6 3,003,781.25 0.00 25,506,597.39 7 10/10/1999 Cicy of Palm Deeezt eM - 8 PORTFOLSO MASTER INVESTMENT ACfIVITY HY TYPE CITY SEPTEPIDER 1, 1999 - SEPTEPIDER 30, 199] ACCRUAL STATED TRANSALTION PURCHAS&S SALES/MATORITIES � TYPE INVESTMENT q ISSOER RATE DATE OR DSPOSITS OR WIT}OJRAWALS BALANCE __'________"_""'_____"'_"""'__"__'_"_"_____'___""'_'_'__'____'"___"____'_____'_"___'__'__""'______"'_'___'_"_""'_'________' TAEASllRY SECURITIES - COUPON � 23,896�354.01 CITY 7AAN TO RDA 19,000,000.00 TOTALS 'J,939,86'!.6] 3,604,661.86 93,140,631.83 8 10/10/199� PM - 9 City of Palm DeaeYt CITY ZNVESTMENT ACTIVITY SUMMARY ACCRUAL SEPTEPIDER 1996 throvgh SEPTEMBER 1997 1'IELD TO MA'�'IJ(i1TY MANAGED NUMBER OF NUFIDER OF AVEftAGE MONTH NIJt�IDER OF TOTAL 360 365 pOOL SECVRITIES SECURITIES AVERAGE DAYS TO END YEAR SECURITIES INVESTED EQUIV EQUIV RATE PVRCHASED MATUR6D/SOLD T6RM MATORITY ________"""_"______""_______________________"""____"__"__________________"""'_'___'""_"__"_"_"__________________ SCptembea 96 94 80,011,229.19 5.908 5.'/8] 5.121 5 3 910 684 October 96 B4 '/9,561,9')0.09 5.690 5.]69 5.150 2 2 928 '!OB November 96 B1 98,001,281.96 5.920 5.999 5.150 3 5 959 '126 December 96 ']8 ']'],'/28,658.14 5.']12 5.'/91 5.259 0 3 950 693 January 97 78 80,691,391.16 5.74E 5.827 5.260 2 2 964 701 February 97 78 80,691,265.62 5.748 S.B27 5.260 0 D 964 700 March 97 78 81,627,550.19 5.735 5.815 5.230 3 2 950 676 April 97 'l7 �8,911,373.34 5.814 5.895 6.985 0 1 973 673 May 9] ]B 84,880�987.05 5.'/44 5.823 5.330 3 2 922 621 June 9'/ 85 90,8'/1,191.91 5.�98 5.8]8 5.360 2 0 896 593 Suly 9] 86 99,5'/5,224.1'1 5.73] 5.81'/ 5.360 0 1 853 539 Auguet 9� 84 91,54"/,19'/.66 5.'132 5.811 5.403 2 4 918 589 6eptember 9'/ 88 93,140,fi31.83 5.']49 5.823 5.440 2 2 908 564 AVERAGES el $ 84,126,150.16 S.'/43$ 5.820i 5.367i 2 2 931 651 9 10/10/199] PM - 10 City of Palm besert CITY DISTRIHUTION OF INVESTMENTS BY TYPE ACC[2VAL SEPTEI�ER 1996 through S6PTEDIDER 1997 MONTH _____'_'""'_""___'"___'_'_""_'__""___"_""_"' 17PE5 OF INVESTMENTS _""'___'""___'__"_______________'_________'___ END YEAR BCD SCD LA1 LA2 LAS PA1 PA2 MTN BAC CPI COM FAC FAII 1RC TRD PID1 MC1 '_______"_"___________'____________"_________""_"_"____________"__"____"____'_______"__"_____"________________"_"_'_________________ September 96 9.9 0.0 19.8 6.5 4.2 40.8 0.3 23.5 Oc[ober 96 3.4 0.0 20.2 3.1 11.5 1.2 36.3 0.3 23.9 November 96 5.2 0.0 16.6 3.1 14.2 �.5 36.2 24.1 December 96 '/.0 15.6 3.2 19.4 35.5 24.4 January 9'! 7.5 19.1 15.'! 34.2 23.6 FebYuary 9'/ ].5 19.1 15.'l 34.2 23.6 March 9'/ 6.5 19.9 18.'/ 32.1 23.3 April 9] 5.9 20.3 19.1 30.6 24.1 May 9'I 5.5 23.6 1'!."! 30.8 22.4 June 9� 5.0 1'!.8 5.4 22.0 28.8 20.9 JUly 9'] 4.6 1'/.9 4.3 5.2 30.] 2'1.'1 20.1 Auguet 99 6.9 14.9 6.9 _ 24.0 26.1 20.8 September 9'l 5.6 14.4 6.5 2'!.4 25.� 20.4 """"_____'___"'_"_'_'_'"_'_"_""'_"_"_"_"___________"____'""""__'_"'_"__'____'__'___"_____""______'______' AVERAGES S.Bk O.Ok 18.3k 1.41 1.St 1'/.6t O.SY 32.2� O.Ot 22.'!t BCD - Certificatee of Depoait - Hank SC9 - Certificatee of Depoai[ - S 6 L LA1 - Fidelity Treaeury Pool LA2 - Managed Pool Accounta LAS - Locdl AgenCy Inveetment Funde PA1 - Paeebook/CheCking ACCOunte PA2 - Caeh with Trustee -Fixst Tauet MTN - Medium Tezm Notee ' HAC - Bankeis Acceptancee CPI - Comnercial Paper - Intezeat Beaiing COM - COmmeZCial Papei - DieCoun[ FAC - Pedeial AgenCy I86ue9 - CDupOn FAD - FEdEidl AgERCy IeeUGB - D19COUnt TTtC - Treaeury sewri[iee - Coupon TRD - Tseaeury Securitie9 - DiBCoun[ MD1 - TiEd9ury SeCuiiClEe - T-B1118 MC1 - City Loan to RDA 10 10/10/199� PM - 11 City of Palm �esert CYTY INTEREST EARNINGS SVMMARY ACCRUAL SEPTEFIDER 30, 199] MONTH ENDING FIS�nr. SEPTEhIDER 70� 199"1 YEAR TO DATE CD/Cwpon/Diecount Investments: Intereet Collected $ 2a9,164.93 $ 989,200.58 PLUS Accrued Interee[ at End of Period 3,111,"l86.05 3,111,"/86.05 LSSS Accrued intereet at Begiruiing of Period ( 3,02],32'].61) ( 2,Bfi3,962.4'/) _'__________'_____ ____'___"""'____ In[eree[ Earned during Period $ 331,623.3] 1,039,029.16 ADJOSTED by Premiume and Diecounts '/43 03 6 =ai 2 525'88 ADNSTED by Capi[al Gains or Loseee 0.00 -914.88 _'"_'__"___"__'_ _'_'________'_'_'_ Earnings during Period 332,366.90 $ 1,038,635.16 ��s.�zm:aa�:z: sa�:::.........s_� Mortgage Eacked Securities: Intere9t Collected 5 0.00 S 0.00 PLUS ACCYued InteYeet at 6nd of Period 0.00 0.00 LESS Acczued Interest at Beginning of Period ( 0.00) ( 0.00) "'_'_'_"___"__' ____'__'_"'_"___ Intereet Earned during Peiiod $ 0.00 0.00 �»»"""""'�` �`:"""""�"�� AATVSTED by Pzemiuma and Diecounte 0.00 0.00 AD30STED by Capital Gaine or Loeses 0.00 0.00 Earninge during Period . 0.00 $ 0.00 ...:...ma�e�..a�.m .�anea��am�e��.... Cash/Checking Accounte: Intereet Collec[ed $ 22,182.96 5 325,110.88 PLUS Accrved In[ereet at End of Period 541,666.25 541,6fi6.25 LESS Accrued Intereet a[ Beginning of Period ( 459,009.01) ( 550,3fi3.55) '"____'_'___"'_'_ ________'______'"' Intere6t Earned dLLiing PeLiod $ 104,840.20 $ 316,413.58 aesa�ses�.amaa��ms ....�a�msss�e�a�.. TOTAL InGerest Earned during Period $ 436,463.57 $ 1,353,437.]4 TOTAL Ajuetmen[e fiom PYemiume dnd DieCountb $ 743.03 •$ 2�525.88 TOTAL Capital Gains oi Loeeee $ 0.00 $ -914.88 '_"'""____________ _______'"""'"___'_ TOTAL 8arninga during Period $ 437,206.60 5 1,355,048.74 �.��.��.`��' ".....'..'.'."�� 11 10/l0/1999 Aseeeement nietiict 93-1 PM - 2 INV65TMENT PORTFOLIO DETAILS - INVESTM&NTS CI1'Y SEPTEMBER 30, 199'] ACCRUAL INVESTMENT PURCHASS STAT�D --- Y'i'�1 --- MATL7AITY pAY$ N[RABER ISSUER DATE BOOK VALUE FAC6 VALUE MARKET VALVE RATE 360 365 DATE 20 MAT FIDELITY TREASURY POOL 12027 R Fidelity Institutional Caeh 51,']38.00 51,'/38.00 51,'/38.00 5.490 5.365 5.490 1 12039 Fidelity Inetitutional Caeh 104.00 104.00 104.00 5.440 5.365 5.44o 1 . ' "' ""' "'""_'_ _""_ _'____ __"_"_ SUBTOTALS and AVERAGES 51,842.00 51,843.00 51,892.00 5.365 5.440 1 __'""'"_____'___"'________'__'___'__'_'_'__""'_"'_______'_"___"___"_"'__"_ TOTAL INVESTMENTS and AVG. $ 51,842.00 51,842.00 51,842.00 5.3654 5.440! 1 12 10/10/1999 Aeaeaemen[ Diatrict 83-1 Pm - 3 INVESTMENT PORTFOLIO DETAILS - CASH CITY SEPTEDIDER 30, 1990 ACCRVAL INVESTMENT PllRCHASE STATED --- Y1M --- MATI7RITY DAYS NUDIDER ISSUER �ATE BOOK VALUE FACE VALUE MARI(ET VALUE RATE 360 365 CATE TO MAT __"'__'_'_'"________'________________________________"_""______________________""__"__""_____________________________""___'__"___ CASH WITH 1RUSTEE -FIRST TRUST 24002 Cash with Truetee 1.62 0.000 0.000 0.000 ____'___'_'____'_'"'"'""_"______"_'_'__'___"""'__'___""_____'____'__'____'_____" TOTAL CASH and INVESTMENTS $ 51,843.62 13 a 10/10/199'/ 1995 Refunding Bonde 84-1-R PM - 2 INVESTMENT PORTFOLIO DETAILS - ZNVESTMENTS CITY � SEYTEhIDER 30, 1999 ACCRUAL INV65TMENT PllRCHASE STATED --- YTM --- MATURITY DAYS NUMBER ISSUER DATE BOOK VALUE FACE VALUE MARKET VALUE RATE 360 365 DATE TO MAT FID8LI17 1REASURY POOL � 12025 R Fidelity Inetitutional Caeh 419,335.00 419,335.00 919,335.00 5.440 5.365 S.a40 1 12035 Fidelity Inetitutional Caah 486.00 486.00 486.00 5.440 5.365 5.440 1 '_'__________' _____'""_"'_"" _"__'_'""_'__' _'____ """"" _____' SIJBTOTALS and AVERAGES 419,821.00 419,021.00 419,821.00 5.365 5.440 1 TOTAL INVESTMENTS and AVG. $ 419,B21.00 919,821.00 419,821.00 5.365t 5.9909 1 14 � 10/10/199] 1995 Refunding Honda 84-1-A � - 3 INVESTM&NT PORTFOLIO 06TATLS - CASH CITY SEPTEMBER 30, 199] ACCRUAL INV&STMENT PUACHASE STATED --- YTM --- MATURITY DAYS NUMBER ISSVER DATE BOOA VALUE PACE VALUE MARKET VALllE RATE 360 365 DATE TO MAT CASH WITH TRUSTEE -FIRST TRUST 24001 Cash with Truetee 0.]9 0.000 0.000 0.000 """'""_______________'___"_______"__"""_""____________'__'______"__"_'____"' TOTAL CASH and INVESTMENI'S $ 919,821.'/9 s�s�s��eeesesas��a�s�a�e�.e�.seeme�e�m�s�a��ns�nsa��ee�m��e»�m��.�.as�s��a�� 15 I 10/10/199] AD 80-1 � - 2 INVESTMENT PORTFOLIO DETAILS - INVESTMENTS CITY SEPTEhIDER 30, 1997 ACCRUAL INVE5IMENT PURCHASE STAT6D --- YTM --- MATURITY DAYS HUMBER ISSUER DATE H001C VALUE FACE VALIIE MAR[�T VALVE RATE 360 365 ➢ATE TO MAT FIDELITY TREASURY POOL 12028 R FidelitY institutional Caeh 14'/,140.00 19'/,140.00 147,140.00 5.440 5.365 5.440 1 12036 Fidelity Institutional Cash 143.00 143.00 143.00 5.440 5.365 5.440 1 _______"__"__' ""__"_________ ______________ ______ ______ ______ SVBTOTALS and AVERAGES 147,283.00 14'/,283.00 14'1,283.00 5.365 5.440 1 _____________"_"______'______'_"_____""'""_____"_____'__________""_'""""" TOTAL INVESTMENTS and AVG. $ 14],283.00 14'7,283.00 14'/,283.00 5.3655 5.4906 1 16 10/10/7997 AO BO-1 PM - 3 INVESTMENT PORTFaLIO DETAILS - CASx CITY SEPTEt�ER 30, 1997 ACCFt[7AL INVESTMENT PURCHASE STATED --- YTM --- MATUAITY DAYS NUPIDER ISSUER OATE HOOK VALUE FACE VALVE MARI(ET VALUE RATE 360 365 DATE TO MAT CASH WITH 1RUSTEE -FIRST TRUST 24009 Cash with Truatee 1.1] 0.001 0.001 0.001 __"_______'_____________"____'____'_"'"'_""_'_"___"'_'_'"_______'__________""'" TOTAL CASH a�d INVESTMENTS $ 14'],209.1'1 seaameee��e��=a:s:::�e.��sss�s�a��:��.��s�a_�_��em�e��mas��::e=a 17 10/10/199� Indian Ridge 914 Seriee A PM - 2 INVES'fMENT PORTPOLIO DETAILS - INVESTMENTS CITY SEPTEDIDER 30, 199'/ ACCRUAL INVESTMENT PURCHASE STATED --- Y1T1 --- MATURITY DAYS NUI�IDER ISSUER DATE BOOX VALUE FACE VALUE MARI(ET' VALIIE RATE 360 365 DATE TO MAT "_"_"""""""""""""........_____�.."'"'___________________________'_"___"__""'_____________________________________"___________________" FIDELITY TREASURY POOL 12015 Fidelity Ine[iCutional Caeh 664,302.00 669,302.00 664,302.00 5.940 5.365 5.940 1 12016 I eidelity Institu[ional Cash 968,842.00 46B4O42.00 968,842.00 5.440 5.365 5.440 1 12022 R Fidelity IneCitutional Caeh 518,204.00 518,204.00 518,204.00 5.440 5.365 5.440 1 __'_'_________ ________'___"_ ______________ ______ ___"__ ______ SVBTOTALS and AVERAGES 1,651,348.00 1,651,348.00 1,651,398.00 5.365 5.440 1 FED£RAI. AGENCY ISSOES - COVPON 19012 Federal National Mortgage A 03/21/9'1 5]9,133.64 580,000.00 581,268.'15 6.240 6.350 6.438 03/19/99 534 TOTAL INVE5IMENTS and AVG. $ 2,230,481.69 2,232,616.']5 2,231,348.00 5.621k 5.699! 139 18 10/10/1999 Indian Aidge 91-1 Se[iea A PM - 3 ZNVESTMENT PORTFOLIO DETAILS - CASH CITY SEPTEPffiER 30, 199'I ACCRUAL INVESTMEN'i' PURCHASE STATED --- YTM --- MA'LURITY DAYS tiI1MBER ISSUER OATE HOOR VALUE FACE VALUE MARK6T VALUE RATE 360 365 DATE TO MAT CASH WITH 1RUSTEE -FIRST TRUST 24004 Caeh with Tzuetee 0.']2 0.000 0.000 0.000 TOTAL CASH and INVESTM£NTS $ 2,230,482.36 19 10/10/1999 Zndian Ridge 91-1 6eries B PM - 2 INVESTM6NT PORTFOLIO DETAILS - INVESTMENTS CITY SEPTEPIDER 30, 199] ACCRUAL INVESTMENT pURCF3ASE STATED --- Y1M --- MATURITY DAYS NONIDER ISSUER DATE HOOK VALUE FAC6 VALUE MARHET VALUE RATE 360 3fi5 DA2E TO MAT FID£LF'�'Y TTZ�+SVRY POOL 120a2 I Fidelity Inetitutional Cash 606,200.00 606,�00.00 606,200.00 5.440 5.365 5.440 1 12043 Fideli[y Institutional Cash 418,853.00 41B4O53.00 918,853.00 5.440 5.365 5.440 1 12093 R Fidelity Znstitutional Caeh 163,'/86.00 163,'186.00 163,'186.00 5.440 5.365 5.440 1 12044 Fidelity Ineti[utional Cash 0.00 0.00 0.00 5.150 5.0�9 5.150 1 ______"___"___ "_"'________"_ "_____"'_""'_" ______ ______ ______ SUBTOTALS and AVERAGES 1,188,839.00 1,188,839.00 1,188,839.00 5.365 5.440 1 FED&RAL AGENCY ISSUES - COUPON 14005 I Federal Home Loan Bank 12/12/95 1,016,596.45 1,000,000.00 1,00'/,812.50 6.285 5.600 5.686 0'//48/00 1,031 14011 Federal Home Loan 6ank 03/26/97 1,800,000.00 1,800,000.00 1,811,250.00 6.310 6.310 6.398 03/26/99 541 14001 I FEdEral National Moitgage A 12/12/95 1,000,128.85 1,000,000.00 1,040,000.00 5.650 5.386 5.461 10/20/9"! 19 14002 I Federal National Mortgage A 12/12/95 1,045,729.69 1,000,000.00 1,042,500.00 8.950 5.877 5.958 07/12/99 649 14004 I FedGral National Mortgdge A 12/12/95 1,0']5,84'].24 1,000,000.00 1,0"l1,562.50 9.050 5.620 5.699 04/10/00 922 _____'_______' ___'__________ _'________'_'_ ____'_ """" "'_"' SUBTOTALS and AVSRAGES 5,938,302.18 5,933,125.00 5,800,000.00 5.833 5.919 625 TREASVRY SECURITIES - WUPON 16006 R United Statee Treaeury 12/12/95 a86,166.i1 484,000.00 484,'/56.25 S.8'/5 5.241 5.319 08/15/98 318 1600'/ I United Statee Treaeury 12/12/95 1,019,484.50 1,000,000.00 1�011,875.00 6.375 5.338 5.413 O1/15/00 836 16008 R United S[atee Treasury 12/12/95 464,'/46.15 995,000.00 461,965.63 8.000 5.2�9 5.352 OB/15/99 683 16009 I United State6 Treasuzy 12/12/95 1,012,894.74 1,000,000.00 1,012,500.00 ].8]5 5.212 5.204 04/15/98 196 16010 S [Inited Statee Treasury 12/12/95 1,016,88"/.04 1,000,000.00 1,014,3'l5.00 '/.125 5.2'/2 5.345 10/15/98 3"/9 SUBTOTALS and AVERAGES 4,000,178.54 3,985,4'/1.88 3,929,000.00 5.271 5.344 4'1'1 TOTAL INVESTMENTS and AVG. $ 11,127,319.72 11,107,435.88 10,91'1,839.00 S.SBli 5.6589 505 .........................`.......:.........��.....�......:...........:.............. 2� 10/10/199� Indian Ridge 91-1 Seriee B PM - 3 INVESTMENT PORTFOLIO DETAILS - CASH CITY SEPTEFIDER 30, 199] ACCRUAL INVESTMENT PURCHASE STATED --- YTM --- MATORITY DAYS NUf�IDER ISSUER DATE BOOK VALVE FACE VALUE MARI(ET VALUE RATE 360 365 DATE TO MAT CASH WITH 1RUSTEE -FIRST TRUST 24010 Cash with Txvetee 1.04 0.000 0.000 0.000 __"_____________________________________'___""_'________________________________'"_ 1C)TAL CASH and ZNVESTMENTS $ 11,12'/,320.'!6 �.�.e.s.��=:e�e�:��meemmm�:::aa��sasa:eem�:��m�e�..�.��me.��e��ae�:m::mse:s 21 10/10/199� Sierra Nova 92-1 � � - Z INVESTMENT PORTFOLIO DETAILS - TNVESTMENTS CITY SEPTEMBSR 30, 199] ACCRUAL INVESTMENT PURCHASE STATED --- Y1T1 --- MATORITY DAYS NUMBER ISSUER DATE HOOK VALUE FACE VALUE MARI(ET VALUE RATE 360 365 DATE TO MAT FIDELITY TREASURY POOL 12009 Fidelity IneCitutional Cash 0.00 0.00 0.00 5.220 5.148 5.220 1 12005 Fidelity InaCitutiOnal Casn 0.00 0.00 0.00 5.440 5.365 5.440 1 12006 R Fidelity Inatitutional Caeh 209,085.00 209,085.00 209,085.00 5.440 5.365 5.440 1 1200'! Fidelity Inatitutional Caeh 352.00 352.00 352.00 5.440 5.365 5.440 1 12045 Fidelity Inetitutional Cash 190.00 190.00 190.00 5.440 5.365 5.440 1 SUBTOTALS and AVERAGES 209,62'/.00 209,62'].00 209,62'J.00 5.365 5.440 1 TOTAL INVESTMENTS and AVG. $ 209,62].00 209,62'].00 ]09,627.00 5.365& 5.4406 1 ..""""".""""""....:......"".'.."....".'.::_...........:.:.:..:.sa�na= 22 10/10/199� Sierra Nova 92-1 PM - 3 INVESTM6NT PORTFOLIO DETAILS - CASH CITY SEPTEPIDER 30, 199'/ ACCRUAL INVESTMENT FURCNASE STATED --- Y1M --- MATURITY DAYS NUMIDER ISSUER DATE H00]( VALllE FACE VALUE MARI(GT VALllE RATE 360 365 DATE TO MAT "___________'_'_"_____________"____"__"_"_"___""____"_'"""_"""______"_"_"______________'____"__'__"_"__"__________"____'"__"____" CASH WITH 1RUST8� -FIRST TAUST 24008 Cash with Ttuetee 0.81 0.000 0.000 0.000 TOTAL CASH and INVESTMENTS $ 209,62'].B1 23 10/10/199� Big Harn 94-1 PM - � INVESTMENT PORTFOLIO OETAILS - INVESTMENTS CI1'P SEPTEMBER 30, 199] ACCRUAL INVESTMENT PURCHASE STATEO --- Y1T1 --- MATURITY ➢AYS NOMBeR ISSUER DATE BOOK VALUE FACE VALUE MARKET VALllE RATE 360 365 DATE '30 MAT FIpELITY TR£ASURY POOL 12018 A Fidelity Ine[itutional Caeh 648,215.00 648,215.00 640,215.00 5.440 5.365 5.440 1 12019 Fidelity Institu[ional Caeh 42B.00 428.00 428.00 5.440 5.365 5.440 1 12020 I Fidelity Ins[itutional Caeh '/,233.00 '1,233.00 '/,233.00 5.440 5.365 5.940 1 12021 Fidelity Ins[itutional Cash 519.00 519.00 519.00 5.440 5.365 5.440 I ___"_"'_'__' ____'"'_'_'_"_ "'_"_'___"'_ ___"_ ____'_ _'__'_ SUBTOTALS and AVERAGES 656,395.00 656,395.00 656,395.00 5.365 5.940 1 TOTAL INVESTMENTS and AVG. $ 656,395.00 656,395.00 656,395.00 5.3656 5.4408 1 �.��:.�es:ese:........��.��a:�zaa:e:.............��.:ee.�.:e�:.==�:e=a:::.:...... 24 10/10/199� Hig Horn 94-1 PM - 3 INVESTMENT PORTFOLIO OETAILS - CASH CITY SEPTEDIDER 30, 199� ACCRUAL INVESTMENT PURCHASE STATED --- YTM --- MATURITY DAYS NUhIDER ISSUER DATE B00% VALUE PACE VALUE MAR[(ET VALUE RATE 360 365 �ATE TO MAT rneH WITH TAUSTEE -FIRST TI2VST 2900'] Caeh with Truetee 1.71 0.000 0.000 0.000 TOTAL CASH and SNVESTMENTS $ 656,396.91 25 10/10/1990 Sunterrace 94-2 PM - 2 INVESTMENT PORTFOLIO DETAILS - INVESTMENTS CITY SEPTEMBER 30, 199� ACCRUAL INVESIMENT PURCHASE STAT6D --- Y1T1 --- MATURITY DAYS NUDIDEA ISSUER �ATE BOOK VALUE FACE VALUE MARI(ET VALUE RATE 360 365 DATE TO MAT FIDELITY TREASURY POOL 12009 I Fidelity Inetitu[ional Cash 35,305.00 35,305.00 35,305.00 5.440 5.365 5.440 1 12010 R Fidelity Znati[u[ional Caeh 183,200.00 183,200.00 193,200.00 5.440 5.365 5.440 1 12032 Fidelity Inatitu[ional Caeh 4'l,036.00 4"/,036.00 4],036.00 5.400 5.326 5.400 1 12033 Fidelity Inetitutional Caeh 0.00 0.00 0.00 5.430 5.336 5.410 1 SUBTOTALS and AVERAGES 265,541.00 265,541.00 265,591.00 5.358 5.933 1 __'________"'_""____""'__"'____'"""_____"__'__"__""______"_'_________"_' TOTAL INVESTMENTS and AVG. 5 265,541.00 265,541.00 265,541.00 5.3588 5.4335 1 26 10/10/1999 Sunterrace 94-2 PM - 3 INVESTMENT PORTFOLIO DETAILS - CASH CITY SEPTEhIDER 30, 1999 ACCRUAL INVESTMENT PURCHASE STATED --- YTM --- MATORITY DAYS NVNBER ISSVER DATE BOOK VALUE FACE VALUE MAR3CET VALUE RATE 360 365 DATE TO MAT CASH WITH TRUSTSE -FIRST 1RUST 24006 Cash with Truetee 0.21 0.000 0.000 0.000 TOTAL CASH and INVESTMENTS $ 265,Sa1.21 27 10/10/199� Merano 94-3 PM - 2 INVESTMENT PORTFOLIO DETAILS - INVESTMENTS CITY S6PTEDIDER 30, 1999 ACCRVAL INVESTMENT PURCNASE STATED --- YTM --- MA'I'URITY DAYS NUMBER ISSUER DATE H00% VALV£ FACE VALVE MARItST VALUE RATE 360 365 DATE TO MAT FIDSLITY TREASURY POOL 12011 Fideli[y Inati[u[ional Caeh 0.00 0.00 0.00 5.140 5.090 5.140 1 12012 I Fideli[y Institutional Caeh 403,218.00 403,218.00 403,218.00 5.440 5.365 5.440 1 12013 R Fideli[y Institutional Caeh 125,924.00 125,924.00 125,929.00 5.440 5.365 5.440 1 12031 Fidelity Inetitutional Cash 20.00 20.00 20.00 5.440 5.365 5.440 1 1203] Fidelity Inetitutional Caeh 90.00 90.00 90.00 5.440 5.365 5.440 1 """___'______ ________"_____ _______'___'__ ______ ____"_ ______ SUBTOTALS and AVERAGES 529,252.00 529,252.00 529,252.00 5.365 5.490 1 TOTAL INVESTMENTS and AVG. $ 529,252.00 529,252.00 529,252.00 � 5.3658 5.440t 1 �a»9sea�.=......`.........��aa.:.'.........�...::..............a:....'.....'......: 28 10/10/199� Merano 94-3 PM - 3 INVESTMENT PORTFOLIO DETAILS - CASH CITY SEPTSPIDER 30, 1997 ACCRllAL INVESTMENT PURCHASE STATED --- YTM --- MATURITY DAYS NUMBER SSSUER DATE BOOK VALUE FACE VALVE MI+R%ET VALUE RATE 360 365 DATE TO MhT ______________________________________________________""_______________________"_____________________""__________________________ CASH WIT}i TRUSTEE -FIRST TRUST 24005 Cash with Trustee 1.8'/ 0.000 0.000 0.000 TOTAL CAS}i and INVESTMENTS $ 529,253.8'/ m�.a»e��..em.aeaaassa�saae=��=�a�me��».e�.....�a��_s.�.��.�sa.��aa«��« 29 10/10/1990 95 A6V HND: 83-1, 84-1-R, BO-1 pM - y INVE5IMENT PORTFOLTO DETAILS - INVESTMENTS CTTY SEPTEDIDER 30, 199� ACCRUAL INVESTMENT PURCHASE STATED --- YTM --- MATURITY OAYS Iil1MBER ISSUER DATE BOOX VALUE FACE VALUE MARKET VALUE RATE 360 365 DATE TO MAT _____'"'""'_______________"____________________________"_"_______________'"____"_________"_______"______________________________" FIDELI'LY 1REASURY POOL 17023 Fidelity Institutional Caeh 0.00 0.00 0.00 5.360 5.28'1 5.360 1 12024 Fidelity Inetitutional Caeh 0.00 0.00 0.00 5.210 5.139 5.210 1 12039 Fidelity InetituCional Caeh 0.00 0.00 0.00 5.490 5.365 5.940 1 12046 Fidelity Institutional Caeh 136.00 136.00 136.00 5.4i0 5.365 S.a40 1 12049 Fidelity Ine[itutional Cash 128,521.00 128,521.00 128,521.00 5.440 5.365 5.440 1 _'_"_ '__'__ '_"__ SUBTOTALS and AVERAGES 128,65'/.00 128,65'/.00 128,65'/.00 5.365 5.440 1 TOTAL INVESTMENTS and AVG. $ 128,659.00 128,fi57.0� 128,65'].00 5.365t 5.990k 1 30 10/10/1990 95 AEV BN�: 83-1, 84-1-R, 8�-1 pM - 3 INVSSTMENT PORTFOLIO DETAILS - CASH CSTY SEPTEMBER 30, 199'/ ACCRUAL INVESTMENT PURCHASE STATED --- Y1M --- MATURII7 DAYS NUDiBER ISSUER DATE BOOK VALUE FACE VALUe MARI(ET VALUE RATE 360 365 DA1'E TO MAT _'_'___"______________"___"_____________________"_______"_____"________"___"_""___________"_"____________'______________"___"_____ CASH WITH 1RUSTEE -FIRST TAVST 29003 Caeh with TrueCee O.�B 0.000 0.000 0.000 TOTAL G9SH and INVESTM&NTS $ 128,65'l.'!B 31 30/10/199'/ Library Foundation PM - 3 INVESTMENT PORTFOLIO DETAILS - CASH CITY SEPTEDIDER 30, 1997 ACCRUAL INVESTM6NT PURCHASE STATED -"" Y1T1 "' MATURITY OAYS NOhIDER ISSUER DATE B00% VALUE FACE VALVE MARXET VALUE RATE 360 365 DATE TO MAT '___'__"__'___________"_______'_""__"______""____'"______""""__'"'_""'_"'_________""'____'_"_____'""'"____'_____'___'""" PASSBOOK/C}iECKING ACCOl1NTS 13005 Library Foundation - UBC 30,000.00 0.000 0.000 0.000 TOTAL CASH and INVESTMENTS $ 10,000.00 32 30/10/199] CiTy General Fund PM - 2 INVESITAENT PORTFOLIO DETAILS - IMIESTMENTS CITY SEPTEPIDER 30, 199] ACCAUAL INVESTMENT PURCHASE STATED --- Y'1M --- MATIJRITY DAYS NUMBER ISSU^eR DATE BOOA VALllE FACE VALf1E MARKET VALUE RATE 360 365 DATE TO MAT ________"'________________"___________'_"___'_____________________________"___'""_________'""____________"__"__""""_""'__'____"_' IACAL AGENCY INVESTMENT FONDS 12000 Local Agency Inveetment Fun 13,9i6,010.46 13,446,010.46 13,996,010.46 5.690 5.612 5.690 1 PASSBOOR/CHECRING ACCOUNIS 13009 Main Acc011nt (Sweep) - UBC 5,992,081.22 5,992,081.22 5,992,081.22 4.630 4.569 4.630 1 F6DERAL AGENCY ISSUES - COUPON 14016 FedeYal Farm Credit Hank OB/04/9] 3,000,000.00 3,000,000.00 3,001,8�5.00 6.00� 6.000 6.083 OB/04/00 1,030 1400'1 Federal Home LOan Bank 10/24/96 3,991,943.68 4,000,000.00 4,000,000.00 S.B30 6.019 6.102 11/02/98 39] 14014 Federal Home Loan Bank 06/30/9'/ 2,000,000.00 2,000,000.00 1,997,500.00 6.250 6.250 6.33'/ 12/30/98 455 14015 Federal Home Loan Bank 06/18/9� 3,000,000.00 3,000,000.00 3,005,625.00 6.315 6.315 6.403 12/18/98 443 14009 FED HOME fAAN MORTGAGE CORP O1/09/97 1,994,659.'!2 2,000,000.00 2,005,625.00 6.855 6.930 ].026 O1/09/02 1,Sfi1 3401] FEO HOME I/JAN MORTGAGE CORP OB/12/9'/ 1,999,5'/2.92 2,000,000.00 2,003,125.00 6.940 6.851 6.946 OB/12/02 1,']'/6 14019 FED HOME IAAN MORTGAG6 CORP 09/09/9] 2,001,957.29 2,000,000.00 2,002,500.00 5.840 5.636 5.714 04/OB/98 1B9 14018 Te[uiessee Valley Authozity 09/09/97 1,001,028.01 1,000,000.00 1,002,500.00 5.950 5.836 5.91'l 09/15/98 399 '"'"'""__"_' ____'_'""_"'"_ '_____""_"'_ __""_ __""" ___"'_ SUBTOTALS and AVERAGES 18,989,161.5'/ 19,U18,'l50.00 19,000,000.00 6.220 6.307 755 1REASURY SECURITIES - COUPON 16034 United Statea Treaeury �5/31/96 1,999,383.40 2,000,000.00 2,005,000.00 6.000 5.967 6.050 OS/31/98 292 16035 United States Treasury OS/31/96 1,990,699.79 2,000,000.00 1,997,500.00 5.125 6.041 6.125 03/31/98 181 16036 Vni[ed Statee Tieaeury 06/26/96 2,988,'129.'l6 3,000,000.00 3,004,68].50 5.8'/S 6.252 6.338 08/15/98 318 1603'/ United States Treasury 06/26/96 2,959,235.90 3,000,000.00 2,980,312.50 5.125 6.314 6.402 11/30/98 425 16038 United Statee Treaeury O6/26/96 1,99'/,629.31 2,000,000.00 2,000,000_00 5.3'/S 6.052 6.136 11/3U/9'! 60 16092 Uni[ed States Treasury 09/13/96 1,991,996.95 2,000,000.00 1,99],SOU.00 5.125 6.068 6.152 02/28/98 150 16045 United Statea Treaeury 09/OS/96 1,996,040.95 2,0OO,OU0.00 2,008,125.00 6.125 6.270 6.358 OB/31/98 33a 1604'/ United States Treaeury OS/O1/9'] 2,003,956.'/9 2,OOO,U00.00 2,018,125.00 6.3'/5 6.1"!1 6.25'/ 04/30/99 5'/6 16048 United Statee Treaeury 03/21/9'] 1,969,008.1'/ 2,000,000.00 1,980,000.00 5.000 6.124 6.209 02/15/99 502 "_"""_ _"""'" __'_" "'___ SUBTOTALS and AVEItAGES 19,896,1�5.47 19,991,25�.U0 20,000,000.00 6.154 6.239 316 TOTAL INVESTMENTS and AVG. $ 58,323,428.72 SB,448,091.68 58,938,091.68 S.BBBt 5.9694 354 ::.:::....w....�.maam�vee�a�«aa�a........�.�saa��ese�a:=�::...��.��e��.��..... 10/10/199� Ci[y General Fund PM - 3 INVESTMENT PORTFOLIO DETASLS - CASH CITY SEPTEMBER 30, 199'/ ACCRUAL INVESTMENT PURCHASE STATfiD --- Y1Tf --- MATURITY DAYS NUMBER ISSIIER DATE BOOK VALUE FACE VALU£ MARKET VALVE RATE 360 365 DATE TO MAT __"____'"___________________________'________________________________________"__"_________________"______________"__"_"'_________ PASSHOOx/CHECxING ACCOONTS 13000 City Main ACCOunt - HofA 193,4'/4.96 0.000 0.000 0.000 13002 Bank of AmeZiCa - Savinge 0.00 2.000 1.993 2.000 130�6 City Main Accoun[ - VBC 595,866.35 O.OUO 0.000 0.000 "_'__"_______ SUeTOTALS and AVERAGES �39,341.31 0.000 0.000 Accrued Intereet at Purchase �8,095.91 TOTAL CASH $ 017,93'1.22 TOTAL CASH and INVESTM6NTS $ 59,140,865.94 ==a_ea�eme��sae��...........��ma�a��.............��saa��aas��s�ss..........a SO/10/199] CITY IIJAN 1Y] RDA pp� - � INVESTMENT PORTFOLIO DETAILS - INVESTMENTS CITY SEPTEMBER 30, 199'1 ACCRVAL INVESTMENT PURCHASE $TAT6D --- YTM --- MATURITY DAYS NUM�6R ISSUER DATE H00% VALVE FACE VALUE MAR](ET VALVE RATE 360 365 �ATE TO MAT '_______'_'___'________""__"__"_'""_____"___""____'____"___'_____"'_'"___"_______'______"__'____"_____"'____'_"'"_"__'_'_' CZTY LOAN TO RDA 12001 Redevelopmen[ Agevcy-Loan 00/O1/95 19,000,000.00 19,000,000.00 19,000,000.00 5.538 5.46� S 538 09/01/O1 1,369 TOTAL INVESIMENTS and AVG. 5 19,000,000.00 19,000,000.00 19,000,000.00 5.462& 5.538& 1,369 ��se��.�...��a�assme��...ae�asn��s��ae_�emsaa�a��.e�sz�_�e��a�=am�z�_a..��a��= 35 10/10/199� Office Complex pM - z INVESTMENT PORTFOLIO DETAILS - INVESTMENTS CITY SEPTEFIDER 30, 199"] ACCRUAL INVESTMENT PURCHASE STAT6D --- YTM --- MATURITY DAYS NUMBER ISSUER DATE HOOIC VALUE FACE VALVE MARKET VALUE RATE 360 365 DATE 'N MAT ______________"_________'____________________'______________"_'__""_____________"_"_______"_______________________'"____'_________ PASSBOOK/CHECKING ACCOUNTS 13012 Office Complex (Sweep) - OB 50,983.'/S 50,983.'/5 50,983 JS 4.600 a.606 4.690 1 TOTAL INVESTMENTS and AVG. $ 50,983.]5 50,983.'/5 50,983.'JS 4.606& 4.6')0& 1 36 10/10/199� OfEice Complex pp� - 3 INVESTMENT PORTFOLIO DETAILS - CASH �ITy SEPTEMBER 30, 1990 ACCRUAL ZNVESTMENT PVRCHASE STATED --- Y1M --- MATI7RITY DAYS TRRABER ISSUER DAT6 HO0]( VALUE FACE VALUE MARAET VALVE RATE 360 365 �ATE TO MAT PASSBOOK/CHECKING ACCOUNTS 13003 Office Complex Checking - BofA 6.04 0.000 0.000 0.000 13004 Office Complex True[ - BofA 0.02 0.000 0.000 0.000 13008 OEfice Complex Checkivg - UBC 50,'l22.96 O.o00 0.000 0.000 13011 Office Complex Tzus[ - UBC 23,490.41 0.000 0.000 0.000 SVBTOTALS and AVERAGES ]4,219.43 0.000 0.000 TOTAL CASH and INVESTMENTS $ 125,203.18 37 C O Q ' O O O O O O O O v o o � � a � p � � � � n a a n n a � n a n � c c c c c c c c c � C � C C C C N C C C E Z 2 Z Z z Z Z Z z 0 U ln 41 ln (/1 V1 fn fn fn (n fQ fn (/1 fn (n Vl W W W W yNj W W W W W W W W � W W W W W W W W W W W W W W W y Y } } T } } y Y Y } > > � } } } } } } T > > } } } Y > } n o � V � } � y � y � > � > � Y � > � Y � T > Y Y y � Y F � U F U � U F U � U � U F U F U F U F U � U � U � U F U fq Q J Q J Q J Q J a J Q J Q J Q J Q J Q J Q J Q J Q J Q J � � o � o � o � o � o ro � o rg ro ro ro ro ro ro y Na ma �na ma rna rna wa w v� a (na cna v� a wa wa w = yv ``o� v��o�p 2C'tt�� r W l0 �jA yrlMi O� �rlOC49 � El° �� VlO��y a v �� Z � O" O)� 'O y Ca myp`Ly�uyl � d r Q?��O � "' N C� Cd� .,I` N �EL CG�� p N .p . N��C �rn j r 'E 'E =� �$ o o �ui�o ��b $ � 8 E �m 10y.4 a� � c � $ � n��i. � � � m mac E� � �' m c c �o .�c o 'o �°�i�� yQn o 0 o y ��E 0 a'm a c =� =�°.o c c _E`rmog E�� c c c � � aon :; �'�o o;�Ee w- ��'usi O.� 9�° t�n"'8 9i°n� �$3 R�� 2r�,d `� Sn tnE tn i�-� g � m � 1� yp�� I� NN (1' ia��C O �E� �E N V� �W W '� a E� Ap N�5`' yr� MFV13 Q�G g � O U,�Oc� (�+)O YY= w I�II� Q�l�j+ y �,� E` � m`s� ��. -r� � � 4 n w � �E E E �''�a 7p�� $ `o� �� w� E �� E 'E��c E ? N C C C � �N O OTEy �C � L�Q�T C ��n O C �O+ G p� ON`p� �N pm,�i. �j �vq Xmc`y8' �jC � � a�$ Z a Z�m Ly �mm $ m w u. c� x _ z „� _ � x � � .- � � � � � ' a �y � � � E� v� � v��i � in in � � i3 `� � � vi 0 U V aEi �a � m � m � �� t�) m � c� o � �n � u°'i u"i �n in C7 N � 0 9 w � „ dvs $ 8�[ g LL mL � pj �C � tliN U O C U N' � b C � Q �E m � dC m d N ��Cp.rr• p � Ut�' y U 2n� a f.) R'�1 ZC C � 'mn' a � Dy^ C�2 m C p m N aE01 C LL 2 „�'�� p �L V� � �C � a a d � �� A .�yp'om �3 � � �; C �N-O (IJ (/J � E O {�`"�A� � 7 p�. �U) LL � �N � 7 � O Z �� N � pG � � � �7S Ny m V � � $� p�in, q � m > �0 � LL J � N� _ City of Paim Desert Portfolfo Composition as of September 30, 1997 7ne City of Palm Desert's investment portfolio had a total book value of investments on September 30, 1997 of S93,140,631.83. The investments include: Fitlelitv Treasury Pool •The Fidelity pools are money market accounts that are tietl to bond funds. Tne bond trustee uses the money in the Fidelity pool accounts to pay for expenses. Deposits are made from interest earnings, and maturing investments. 7his month debt service payments were due, therefore,you will see a net decrease in the fitlelity pool of S1,062,060.00. Local A�encv Investment Fund (LAIF)-The State of California operates an investment pool for the exclusive use of municipalities and other local agencies. Each account has a maximum limit of 520 million and funds are available for withdrawal tlafly. There was no change in the LAIF balance from August 31, 1997 to September 30, 1997. Federal A9enev Counons-7his group includes all Federal government agency issues that pay periodic interest payment(s) prior to maturity. These Items can be purchased at a premium or a discount. The category increased by 52,998,732.82 resulting from the purchases totaling S3 million face antl the amortization of prior purchases. Treasury Couoons•These are securities issued by the United States Treasury called treasury notes. They are like the federal agency coupons(n that they pay periodic interest payment(s) prior to maturity and can be purchased at a premium or a discount. The category increased by S5,291.46 which is the amortization and accretion of securities purchased at a premium or discount. Monev Market Sween-All collected funds in the City's main checking account are placed in a money marKet account at the entl of each day. The balance on this account changes each day depending on the checks presented for payment and the deposits received. The portfolio composition chart compares the balance on August 31, 1997 and September 30, 1997. RDA Loan The City Ipaned the Redevelopment Agency S19 million. There is no change in tnat amount. The total Book Value of the portfolio is the carrying cost of the investments. In the month of September the book value showed a net increase of S�,671,466.70. This resulted from payments from the state for sales tax, motor vehicle, and highway users tax, a payment from CDAG, a legal settlement antl S1,090,000.00 from a matured RDA investment that was temporarily in the City money market sweep account. Market Value is the amount that would be received if the entire portfotio was soid on the reporting date. On September 30, 1997, the market value was greater than the book value by S106,914.23, that is described as a 9ain in the Cain(Loss)seCtion of the report. 39 _ _ - - _-� _ m i m rg , g �e . o � � _ � o m o � � o e , � � A ;, < � e s r �. ._._. .. . . . ry on = _ v � . r „ � � - < , � T ' - ,, . , ' ^ r , , �. �. . , .. ' - r ' � ., . . . � _ s"_ „ ° ` « ; � , a �. ,., � p ' �E � � . a Ep � � �� IL 8 e T m O . I ' '. . L E m E ��a � 9 � I O U C . � � 6b TL 1 . V i Q . � i� m� a . . . � E � n $ m � .. ,i .. � m S � . . Z I �' '� n E �i' � '. m , ry S n . .. , , . , � E �. , ' �. �. �. �� 5 E j � � � � � � j. _.\..._��.__. t� w O m � o ;� � �% o ;e �e � o w p °' m R � o � o m , ' \- ' o � d m Punj�o% ._�... J F v Q O� � ' m m r m m a m ry � � �� '�. � ! z r �41 suwp� � O Uz .. _____— —_ ., e n � � n a � e e > o N o 0 0 o a ��,,. ..._ ___ .. .- __. _ —_ . . ._— - _._. . .... _..._ .... P o g o o m 8 < a o u°4 g �r v � a . � � o » � M w m w � < a' e < m � I ".. W m � m ' i� m «a � m �o � � � . � m �o yi ,� _ + . . ^ c o rn � o o� . s.�. .. . "' U w v�i " .�n in o . �� - 3 ', m �� m �, 88o8 °' 8s8om8 m � � . � ��.�,.",�„� , m o 0 0 . . � . o � . . e . ¢ � - . E � o m o ` {� ` `A m o " v°ii n �' o o �o m �n e E'° '. 0 rc 0 `w e > u� m o o e � � ' S 9 �. ' �I � ' � _ w ' m . a � d a E � w ry � � m m E v , 7 � v �n w w w en o ' � o , o $ o a u"� t� 4 ' _ _ "' g o e g �n o u"'i o o v'"i o `n e m� a �' I� � r n , ". � � - `o_ o �m °' `� m o � m � o � `A �i o � v vO1i � _ n r �.,. p� N p F � o o rn °' o w "' m v E I '" m mo v wo -5 0 - . m � ri <o m m LL � ! � ! � LL• N � N «, m o 5� , . ] f9 M W f9 M t9 N ._ m ° n m 9� 'i 6 A1ktl*Y. L Q U d J E Q i , �ie F C � �w�M"�r �:�:x.`nmpnvrt O C C J O II �. I ¢ Y o �O N O N N Y � u , m ' a S a � b °' o g � � ?i' �' 8 0 � � v , _ - " z�° U o a " m y m m a .. � ^' v oaa c� bm ` � � � ' N � ,i . � r j Z. ? E o m o > w D .w,.www.� ++w�.�wT.....�....w,cn-.n.*+��m m E v v. w � i4 j `p �. c a LL E v a w v v `o O � � m a �� , o I a � LL38 �" LL � � � s � c� s : 1 � o a � o � o o � � r o e � � � � I I _. _ - _ _ ___ -- — ----- STATE OF CAUFORNIA � MATT FONG. Treasure� OFFICE OF THE TREASURER SACRAMENTO '^ LOCAL AGENCY INVESTMENT FUND P.O. BOX 942809 Dnte: OB/31/97 3ACRAMENTO, CA 94209-0001 Paqe: O1 AUGUST, 1997 STATEMENT ACCOUNT NUMBER: 65-33-015 PALM DESERT REDEVELOPMENT AGENCY ATR'N: PAUL GI830N, TREASURER 73-510 FRED WARING DRIVE PALM DESERT CA 92260 EFFECTIVE TRANSACTION TRAN CONF AUTH TRANSACTION DATE DATE TYPE NO CALLER AMOUNT BALANCE --------- ----------- ---- ------ ------ --------------- --------------- BEGINNING BALANCE - REG $12, 983, 976 .45 --------------- ENDING BALANCE - REG $12, 983, 978 .45 --------------- GFtAND TOTAL $12, 983, 978 .45 saseee-xsaaxxmm SUMMARY TRAN COUNT TOTAL DEPOSIT AMT TOTAL WITHDRAWAL AMT ---------- ----------------- -------------------- REG 0 $0 . 00 $0.00 Cr ��ernn��:� �JE'u.r� c�,� �� .r� � � j '. j ' , '�� '�' S'] `l n� . � . .� . .. , _ ._ _ i ii � � . .'. . . : _ _, .• ' POOLED MONEY INVESTMENT ACCOUNT � SUMMARY OF INVESTMENT DATA A COMPARISON OF AUGUST 1997 WITH AUGUST 1996 (Dollars in T6ousands) AUGUST 1999 AUGUST 1996 CHANGE Avetage Daily Portfolio $27,688,353 $28,156,866 -$468,513 Accrued Eamiags $133,804 $133,116 +$688 Effective Yield 5.690 5.566 +.124 Average Life—Month End(in days) 21$ 258 -40 Toffi1 Secutity Transactions Amount $57,672,668 $15,881,484 +$41,791,184 Number 1,244 391 +853 Total Time Deposit Transacrions Amount $581,700 $343,200 +$238,500 Number 37 26 +11 Average Workday Investment Activity $2,774,017 $737,486 +$Z,036,531 Prescribed Demand Account Balancos ForServices $170,159 $126,379 +$43,780 For Uncollected Funds $149,733 $157,925 -58,192 LOCAL AGENCY INVESTMENT FUND* SUMIVIARY OF ACTIVITY AUGUST 1997 BEGINNiING BALANCE DEPOSITS WITHDRAWALS MONTH END BALANCE $10,803,830,587.62 $1,156,669,000.00 $1,291,764,479.70 510,668,735,107.92 'L.ocal Agency Investment Fund Invested Through Pooled Money Investment Acwunt __ _ _ State of California Pooled Money Investment Account Market Valuation 8/31/97 Descriptiort Cartying Cost Plus Estimated Accrued'interesf Purch. ' Markat Value Accrued Interest United SNates Treasu : Bills $ 1,183,752,BS9.34 $ 1,207,641,000.00 NA SVi s $ 121,604,450.00 $ 150,704,750.00 NA Notes $ 5,692,277.621•87 $ 5,668,844,520.00 $ 48,667,251.74 Federel A en : Bonds $ 846,809,722.10 $ 844,640,356.50 $ 11,853,721.13 Floaters $ 219,990,397.05 $ 219.999.450.00 $ 2,062,873.25 MBS $ 150,395,182.32 S 147,793,004.78 $ 888,143.91 GNMA $ 2,830,327.07 $ 3,233,200.65 $ 27.562.82 SBA $ 218,239,039.89 $ 219,354,17528 $ 2,185,228.33 FHLMC PC $ 27,787,115.51 $ 29,753,303.40 $ 446.117.51 Discount Notes $ 226,671,559.03 $ 228,955,400.00 NA Bankers Acce tances $ 561,121,612.87 $ 562,111,651.77 NA Co orate: Bonds $ 1,094,976,819.48 S 1,093,084,770.08 $ 22,088,522.53 Floaters $ 415,576,571.92 $ 415,618,080.00 $ 3,808279.88 CDs $ 5,465,402,954.69 $ 5,464,842,41a.81 $ 14,050,570.00 Bank Notes $ 880,052,677.38 $ 879,825,959.21 $ 1,895,911.11 Re urchase reements $ 75,000,000.00 $ 75,000,000.00 NA Time De osits $ 750,795,000.00 $ 750,795,000.00 NA AB 55 8 GF Loans $ 5,343,588,293.00 $ 5.343,588293.00 NA Commercial Pa er $ 5,042,625,204.04 $ 5,045,238,849.89 NA Reverse Re urchase $ - $ - 50.00 TOTAL $ 28,319,497,207.56 $ 28,351,024,179.37 $ 107,974,182.20 Estimated Market Value InGuding Accrued Interest S 28,458,998,361.57 Repurchase Agreements.Time Deposits,AB 55 8 General Fund loans,and Reverse Repurchase agreements are cartied at poRfolio book value(carrying cost). Cert'fiicates of Deposit(CDs), Bank Notes (9Ns), and Commercial Paper(CPs)less than 90 days are carried at portfolio book value(cartying cost). interest accrued from the date of purchase on CDs and BNs under 90 days is not inGuded. T<::;:' • �::::.'Y.;.�<:: 1 ,..,.�,...�+q.,...'��'3%;. I / ..:!:.':�53 ':,.,..F. :v��. Treasurer Meets PROJECT YEAR 2000 with Rating Agencies The State Treasurer and the Director of SinCe there are statewide Concerns relating Finance, along with staff from their offices, to the Year 2000 problem, the Department of met with the three major rating agencies to Information TeChnology (DOIT) has taken the report on California's rebounding economy. lead in addressing this problem for state agencies. DOIT has charged all state agencies The Treasurer believes that California with the responsibility of ensuring that their deserves a credit rating upgrade to double A programs and business practices continue to on its general obligatioo bonds as a result of operate correctly through the year 2000 and the State's economic recovery and improved bey0nd. To this end, the 1997-98 budget financial management. For the state's $S.5 Contains 8 $50 million approp�iation for the billion backlog of authorized but uaissued remediation of any Year 2000 problems. GOs, having a double A rating, rather than an A-plus rating,would yield $66-132 million in In OCtober of 1996, the STO formed an debc service savings over the life ofthe bonds. officewide committee to identify and address ourYear 2000 problems. Staff in our Information Services Section assumed the leadership roles on this committee, but every unit within the STO was represented. Over this past year, the Local Agency Investment Fund Committee compiled a comptete inventory of Deposits as of August 31, 1997 our atfected software and equipment, determined which ones had problems and developed possible solutions for each piece of ,z,00a,000 equipment or software that had a problem. The STO hopes to implement the solutions ,o,000,000- developed by the STO Year 2000 Committee � .,000,000- over the next yeac " The LAIF program is in the process of $ c.000,000� x ; implementing a new database system. This � e,000,000' change was not initiated due to Year 2000 � � problems, but rather by our desire to cOntinue 0 » :,000,000 to provide quality service to the evergrowing � number of LAIF participants. The new system 'uas �sae �ss� tss� en�n� will be fully Year 2000 compliant. r..r . � STATE OF CALIFORNIA MATT FONG. Tieasurer OFFICE OF THE TREASURER SACRAMENTO '^ LOCAL AGENCY INVESTMENT FUND P.O. BOX 942809 Date: OS/31/97 SACRAMENTO, CA 94209-0001 Page: O1 AUGUST, 1997 STATEMENT ACCOUNT NUMBER: 98-33-621 CITY OF PALM DESERT ATTN: CITY TREASURER 73510 FRED WARING DRIVE PALM DESERT CA 92260 EFFECTIVE TRANSACTION TRAN CONF AUTH TRANSACTION DATE DATE TYPE NO CALLER AMOUNT BALANCE --------- ----------- ---- ------ ------ --------------- --------------- BEGINNING BALANCE - REG $16, 446 , 010 . 46 08�04�97 OB�04�97 RW 737 JER -$3, 000 , 000 . 00 $13, 446 , 010 . 46 08�12/97 08/12�97 RW 738 JER -$2 , 000, 000 . 00 $11 , 446 , 010 . 46 --------------- ENDING BALANCE - REG $11, 446 , 010 .46 --------------- GRAND TOTAL $11 ,446, 010 .46 --------------- --------------- SUMMARY TRAN COUNT ' TOTAL DEPOSIT AMT TOTAL WITHDRAWAL AMT ---------- ----------------- -------------------- gEG 2 $0 .00 -$5,000, 000 . 00 .^ _x�� J�ku`��Or�� ::�'�r� (�'_'r i'k� (' , i , , �� ,. (.�~ i. .,..J IIJ _�J J( I ` � . � •. I�. �� .. . .. � . . . 1.C _ . . � , i � _ . _ .,.. � FQ�LED MONEY INVESTMENT ACCbUNT SUMMARY OF INVESTMENT DATA A COMPARISON OF AUGUST 1997 WITH AUGUST 1996 (Dollars in Thousands) AUGUST 1997 AUGUST 1996 CHAPIGE Average Daily Portfolio $27,688,353 $28,156,866 -$468,513 Accrued Eamings $133,804 $133,116 +$688 Effective Yield 5.690 5.566 +.124 Average Life—Month End(m days) 21$ 258 -40 Total Security Transactions Amouat $57,672,668 $15,881,484 +$q1,791,184 Number 1,244 391 +853 Total Time Deposit Transacaons Amount 5581,700 . $343,200 +$Z38,500 Number 37 26 +11 Average Workday Inveshnent Activity $2,774,017 $737,486 +$2,036,531 Prescribed Demand Account Balances ForSecvicas 5170,159 $126,379 +$43,780 For Uncollected Funds 5149,733 SI57,925 -$8,192 LOCAL AGENCY INVESTMENT FUND• SUMMARY OF ACTIVITY AUGUST 1997 BEGININING BALANCE DEPOSITS WITHDRAWALS MONTH END BALANCE $10,803,830,587.62 $1,156,669,000.00 $1,291,764,479.70 $10,668,735,107.92 'Local Agency Investment Fund Inveswd Throug6 Pooled Money Invesnaent Account State of California Pooled Money Investment Account Market Valuation 8/31/97 Description Carrying'CosYPlus 'Estimated Accruetl]nterest Purch. Market'Value Accrued interest United States Treasu : Bilis $ 1,183,752,659.34 $ 1,207,641,000.00 NA SVi s $ 121,604,450.00 $ 150,704,750.00 NA Notes $ 5,692,277,621.87 $ 5,668,844,520.00 $ 48,667,251.74 Federal A enc : Bonds $ 846,809,722.10 $ 844,640,356.50 $ 11,853,721.13 Floaters $ 219,990,397.05 $ 219,999,450.00 $ 2,062,873.25 MBS $ 150.395.182.32 $ 147,793,004.78 $ 888,143.91 GNMA $ 2,830,327.07 $ 3,233,200.65 $ 27,562.82 SBA $ 218,239,039.89 $ 219,354,175.28 $ 2,185,228.33 FHLMC PC $ 27,787,115.51 $ 29,753,303.40 $ 446,117.51 Discount Notes $ 226,671,559.03 $ 228,955,400.00 NA Bankers Acce tances $ 561,121,612.87 $ 562,111,651.77 NA Co orate: Bonds $ 1,094,976,819.48 $ 1,093,084,770.08 $ 22,088,522.53 Floaters $ 415,576,571.92 $ 415,618,080.00 $ 3,808,279.88 CDs $ 5,465,402,954.69 $ 5,464,842,414.81 $ 14.050.570.00 Bank Notes $ 880,052,677.38 $ 879,825,95921 $ 1,895,911.11 Re urchase A reements $ 75,000,000.00 $ 75,000,000.00 NA Time De osits $ 750,795,000.00 $ 750,795,000.00 NA AB 55& GF Loans $ 5,343,588,293.00 $ 5,343,588,293.00 NA Commercial Pa er $ 5,042,625,204.04 $ 5,045,238,849.89 NA Reverse Re urchase $ - $ - $0.00 TOTAL $ 28,319,497,207.56 $ 28,351,024,179.37 $ 107,974,182.20 Estimated Ma�lcet Value InGuding Accrued Interest $ 28,458,998,361.57 Repurchase Agreements,Time Deposits.AB 55&General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value(cartying cost). Certificates of Deposit(CDs), Bank Notes(BNs),and Commercial Paper(CPs)less than 90 days are camed at portfolio book value(cartying cost). Interest accrued from the date of purchase on CDs and BNs under 90 days is not included. _ __ .;F.,..+..�;.z�: � �:�.. • . �`i�ii:S(o :� i:J.. i.. �i ..�;�"y'.. Z'reasurer lvleets PROJECT YEAR 2000 with Rating Agencies The State Treasurer and the Director of Since there are statewide concerns relating Finance, along with staff from their offices, to the Year 2000 problem, the Department of mec with the three major rating agencies to Information Technology (DOIT) has taken the report on Califomia's rebounding economy. lead in addressing this problem for state agencies. DOIT has charged all state agencies The Treasurer believes that California with the responsibility of ensuring th8t their deserves a credit rating upgrade to double A programs and business practices continue to on its general obligation bonds as a result of operate correCtly through the year 2000 and the State's economic recovery and improved beyond. TO thiS end, the 1997-98 budget financia] management. For the state's $8.5 COntains a $50 million appropriation for the billion backlog of authorized but unissued remediation of any Year 2000 problems. GOs, having a double A rating,rather than an A-plus rating,would yield $66-132 million in In October of 1996, the STO formed an debt service savings over the life ofthe bonds. officewide committee to identify and address ourYear 2000 problems. Staff in our Information 5ervices Section assumed the leadership roles on this committee, but every unit within the STO _ was represented. Over this past year, the Local Agency Investment Fund Committee compiled a complete inventory of Deposits as ofAugust 31, 1997 our affected software and equipment, determined which ones had problems and developed possible solutions for each piece of ,:,000,000 equipment or software that had a problem. The STO hopes to implement the solutions ,o,000,000 - developed by the STO Year 2000 Committee y s,000,000 over the next year. � E � a,000,000- The LAIF program is in the process of r implementing a new database system. This g 4,000,000- change was not initiated due to Year 2000 e � problems, but rather by our desire to cpntinue » :,000,000 to provide quality service to the evergrowing number of LAIF participants. The new system ��sec nsa �ssi +»s en+rov will be fully Year 2000 compliant. r..r � • 2J �l � r H �.v� .�-+ 'SJ aC C'" �] � n o � O ° ^ c � �� ° O � r: �e"o m o m a�i � e�o J G � � � �' -�i � � � O � e�D e��, � y y � C �O 0 N T � �\� "e '" ❑ w ,�y a C'" C F � ? � �o ee y y �o m cQ p O � � � C� �. o � � e G� � Q � ; 'b ° x b' ° � 3 �� 3 Z � � � �' � 'Z `° o �r' d ti p � " �u e � x 3 � a � R � � � � � � �S y y y � � o C � � � � � � � � ', �, � � O 'C O r d `i r � C A � � � �; ��...� '� � � I n � � � �G �p � '� j ' j '. I �I C � arc �7 " � y a TI'' I j � ' I Z Z � � �m m o c) � i, �� i '��. � O C " '� � ' < �7I ', � i a �; '� � � oa N A e � o II .-. A A .� cn tn �l "* Ct ,�,� . � _ �, I '�,�.. ! �, W o �, � w ,� � � � m A �l O �l �-' A A � � � � � I � I O .P A tn O A .-' �� . " � n I 'il I . � � � . .�� ' �� I �a a o, � Rt� , I I '� � ea .Np r .r+ � r-�� N �N V� W �.�. y r� p r-� W �.P v .W .IJ IJ .O Oo �.. p W N OV� ��O � � A. O O a. d �y �y- �y- .y �y y� �y- .y a a �� a a ��-1 r��a a d d, r � � O N � O � N O� a N O .O ��O O .O O O O N O W w A � O� 00 w �w ��N G �0..�.A W oo pq��. �t A �O �o w A �o eo � A.�.J� �N � .�O N ��A O ��..: w cn O A�/ O O Ny '* A ��.y ��y �� -0�y O�� v�yi O�y � ..��. a � .�- a .��. � r� �a � � a ��r�-� r� : .- .r �. .r . �. � r: .�. t hC � � d d C � �. �� , . � �, C/� � O N --� O --� N O� ,� 'r'.. N O 'O O O O O� O O ,y.: ^a O tn w c.n `O C �l C C � �-. �W, N� O O 01� w O� �:, `O p cn w .-� N N A � � U A�.oo� vi O N W Oo p� ..-� w�y o�/-o �yl v� oyo -./�-1 O�y\ W Q� W N�/- ��y-1� W�y-- � o�yo '�,' �l � �l. y �1 � a a M �' � � a � a �?�. .-. .... ..-. �-. .._. . :� .-. ."-� e ° O . ... � ��.. �. . .. . �'�.. C b', �' .-� �O � O� A �O o0 AO� N tWi� t�i� � e��e O�i O A A� �l�. V O� e�Te \' \° \' \° \' \' a \'� \' \°� \' \'�� \° \° e o e o e o o e o e o a o n'1 � ,y�. .. . � C � m � 5, n � n � �'J � c�o c�9 r � w � �� o A? �, � m � �.. � � � o ^, p: � m o� � � � �, y (� (") O o � ..C,' � ,��- ^; � � � .� . 5. ..�, �r. � p��.. � .; � r x a a w m p� . . � �o� �ro � �u � .n.. T �� .� `!° � ti � �. 0 's \ _ � � �. � O PALM DESERT REDEVELOPMENI 5NCY �� COMBINED STATEMENT OF ACTUAL � REVENUES&EXPENDITURES COMPARED TO BUDGET 30-Sep-97 RDA RDA %of (FAV)UNFAV Budget YTD Budget Actual YTD Budget Variance REVENUES 1 Tax increment' 24,328,200.00 6,082,050.00 57,449.00 0.94% 6,024,601.00 2 Interest 1,904,000.00 476,000.00 (8,558.12) -1.80% 484,558.12 Sales of Property 3ReimbursementFromOtherAgencies 759,000.00 189,750.00 29,622.59 15.61% 160,127.41 4 Other Revenue 364,000.00 91,000.00 299.92 0.33°/ 90,700.08 TOTAL REVENUES 27,355,200.00 6,838,800.00 78,813.39 1.15% 6,759,986.61 FAV(UNFAV) EXPENDITURES Variance Administrative Costs 1,068,200.00 267,050.00 176,698.25 66.17°/a 90,351.75 Professional Services 2,383,300.00 595,825.00 63,41324 10.64% 532,411.76 Property Tax Administrative Fee 563,900.00 140,975.00 0.00 0.00% 140,975.00 Cost of Inventory Sold Capital Outlay Deep Canyon&Hwy 111 8,241.00 2,060.25 0.00 0.00% 2,060.25 Parking-The Gardens 5,000,000.00 1,250,000.00 0.00 0.00% 1,250,000.00 EI Paseo/Highway 74 7,719.00 1,929.75 1,700.00 88.09% 229.75 I-t0lnterchange 250,000.00 250,000.00 250,000.00 100.00% 0.00 Super Block III-Landscape 60,000.00 15,000.00 0.00 0.00% 15,000.00 Desert Crossing Public Improvement 43,450.00 10,862.50 0.00 0.00% 10,862.50 Desert Willow-P#1 8,001,478.00 2,000,369.50 0.00 0.00% 2,000,369.50 North Sphere Infrastructure 26,555,050.00 6,638,762.50 5,127.71 0.08°/a 6,633,634.79 Desert Willow P#2 14,955,641.00 3,738,910.25 327,697.52 8.76°/a 3,411,212.73 P#4 Street Improvements 1,011,129.00 252,78225 1,446.40 0.57°/a 251,335.85 Desert Rose Air Quality Management Office Equipment 5,000.00 1,250.00 0.00 0.00% 1,250.00 Land Purchases Housing Subsidies AHA Housing Subsidies 4,300,000.00 1,075,000.00 0.00 0.00% 1,075,000.00 Desert Rose Subsidies Decline in Value on Inventory Held For Resale Payments to Other Govemmental Agencies 6,978,400.00 1,744,600.00 0.00 0.00°/a 1,744,600.00 Bond Issuance Casts Bond Discount Interest And Fiscal Charges 10,622,000.00 2,655,500.00 2,149,732.89 80.95% 505,767.11 5 Principal Payments 2,430,000.00 607,500.00 1,372,655.64 225.95% (765,155.64) TOTAL EXPENDITURES 84,243,508.00 21,248,377.00 4,348,471.65 20.46% 16,899,905.35 •TAX INCREMENT REVENUE ARE USED TO PAY DEBT SERVICE PAYMENTS. 1 Tax Inaement is paitl in Jan an0 May M each year. 2 Mos�In�ercst rcvenue Y5 OaseE an Investmenls heltl antl is recortleC a�rretmity. 3 Reimbursemenls are received a1 vanous tirtres dunng Ihe year. 4 Olher Revenue is received at vanous times tlunng Me year. 5 Pnndpal pymts are tlue m each bonE iuue only twice a year. UsinB%o(VTD Buaget tlaes not allow for ihese Nnce a year pymis. o��a � �nooi � 8ngg��mnm8 0 �_ O�O O N m � Q O O G J C m O O�m C N�O O �� m HMm e� o�Nnom�m� � . N ' n o�v > � � ry e m So � 8880888��0 � m 5 o d m m o d o g o o � QUd � V� � fry ��mv o O �� o S� N�r S O�N N�� O p n n� ^ 0 b �O m N�0�n�n � mn-o ` � rve �ry��gmn� m �Ua � ' M � � � ry m � �� . S g��$�B 8 8 ��. �a� � $$.g �t� H��da� d3� S �Q� g ��wN�� mVa` ��. m `8� ��. mSl�ry $�a:rno . e�. vi�.. m�:.«" '�. �'.. 8 m o'e o m o ovo o .. _. .. . .. . o 0 8�n� m�. vion gocMv� ry v��m� in �n m �o t�m_m q � `° m v e j nN � - r ocv O N � � O O O 001 N 10 OOOO 0000�40 . . . . . . . . . . . . . . � �� P O ry O O O O O ry� Q A i Q�� N O (V n S S O O O O O O O S O 1n O Oo N O SO N O O O 1n � � O�i� Yl W O T f0 O O 1� m�' Z m0 4 h � O �I�V '$� � � � � � ' o^ v5 rv� v �g S o aa:�S Fi �8g �� s '��,� � g '�a� � �$�I �o� ; �� ' � � �� .�. m I � �o 0 oi Oi. Y] S O O N � (V .. .. S . .. O O O a0 IM 1O� O �g � q m� 7 � � 8N Opnp� . . . . � ��<1p:O(? ImV - O 1�0 t��l m.o . . . 1�{p � :Q S�.Np Q O.� N (V �' � P � �.N.��v h� m � O S p O O � . . �. . . . . O . . �5�O O m' � v � �_� rv$ o. S�m ' d d O h �p0 N �F t7 �F N ll (�V � Cm'I � O Y � � � �.�.B O OO O O��. O�.� ��:�9 8��. ��.rys �.p ��p $�d, $ &8�pr�� O Yl�' �. N :�.O �H S� . :!!!1'1� '�l9� .. Oi C! !7 4.�. 1'l. � �D� �.�. d �:�.1(j� Y . . ��.� .. .. .. . . . . . . . ... .. . . . . . . . . . U W J Q � Q f W c 'u E u=iW�u g 9 a f000 v � m S Oiusim°' ¢ � $u : y9 Z w w W F x O� �m � a a_ G y d o a o � � � �y�wpm � y gb ��n n � E E _ac � 3 d� '��' a aa_ r O �rWa o`. w b m p�rR �� '^ 3 � _ � p � o o t�l� c� �z �a2f �'� ml�ii U � �,$ Z. 4.tF°i1°oo° a°E � '� gcmm `m� � m � W i w O � o u � oC uNi '� ' � $ � a Y L ��3 L 3��A ` '� _ �� a �LL �� f O�U 'u u o `a � F� � °'�'S0 o�a o n� �€ �7yial mp o yl1g ��Q�$F �� ` 6 "E ° oE� `< g�aoL°w= m'oOz°o��¢ a h2o"`-LL �.cc $�u � Q6 W � S -m =o o m a o m j 'o a m o o «` � _v�¢� daa`aa[>c> s ❑ ammEa` 6' W ._.___ ___. ......_ .__.. . . . .. ..... . . __.._ ..._ .. . ._._.. .. . . .. ..._._ __._... . o �o rn o � o 0 0 0 0 0 0 0 � m O m O N O tp O O O O O O O O O . . . . . . . . . . . . . . y � � O N O p O N O O O O O � N � � N � t0 (O V N N f0 � � F N V N V r O�i rW � � V m V � N �+1 M O � m m O C ._7'- N N O U O N � (Gp L M C� C J R V lL a v � � O V � m T � d N � � � � m � aa � m � o u � a v � d m rn rn o m �d �o a` a` r rN- o rn o rn V N t�0 � r (�O O V N � p�j �`? m V I� O N R' d Q N N � ' f0 N m � f 0 y Z c�Y N � O V (O � W V X U � Q N fN0 N m N O = W N �p T f0 N !� a (O Of (W,� � O � � N � N W f�D � y aa aw � � � w f > G S o 0 0 o g o 0 0 0 a � m gg � o 0 00 000 ° � o �n o rn a o o M ja � � � � r�i � r°'i o c`�on c`�vm v y� F p �Z � n v� � r� �n rn o o rn W U K N m � N fD O N A - a rc ° � S W W U � W � � ~ C a y N rn � C a W Q ll d _ m Q� N E nl W f t N > E � � V o y p ryL° i m r o Z « � c c � y V � _ u w o " f0 �E d ° �0 c w °' �y' « U � nTi a L V y N a N c 6 d C K N > N j x � � `c ll. T W fn N O � N J W ' C fn � � N O C a J W c `� � a � � j c y W� a�i `—' � h n p � ' �' � E `v � O � � c �' E � � �' u � o m o � r � vr � o aaaaaamm° � a` W X K YI ..._-___ . . ..._.. . . � � � � � PALM DFSERT OFFICE COMPLEX f � FINANCIAL STATEMENTS � AUGUSI' 31, 1997 � � � � � � � � � r r r � � oscnx G. nxMuo �GA Gettificd Public Accountant � 74-133 EL PASEO, SUITE 8 • PALM DESERT, CALIFORNIA 92260• (760) 773-4078 • FAX (760) 773-4079 � October 8, 1997 � � Palm DeseR Office Complex Palm Dese�t, Califoroia � I have compiled the accompanying balance shcet of Palm Desert Office Complex, as of August 31, 1997, and the related income statement and statement of cash flows for the two months then ended, in accordance with statemems on standards for accounting aad review services issued by the American � Institute of CeRified Public Accountanu. A compilazion is limited to presenting in the form of financial statements information that is the � representation of management. I have not auditad or reviewed the accompanying financial statements and, accordingly, do not express an opinion or any other form of assurance on them. � Management has elected m omit substantially all of the disclosures require� by generally accepted accounting principles. If fhe omitted disclosures were included in the financial statements, they might influence the user's conclasions about the organization's financial position,results of operations and cash � flows. Accordingly, these financial statements aze not designed for those who aze not informe� about such matters. � Sincerely, � �� Certified Public Accountant � � � � � � , MEMBER MEMBEN � Calljornln Soctery oJ AmeNcon/nstttute oJ CartlfJed Pu6llc Acmuntonta CerNJled Pu6Nc Accoamm�ts ... � � Palm Dasert Office Complex Balance Sheet Auquet 31, 1997 � Assets � Current Assets Cash in Bank - Union Bank $ 69,981. 13 Sweep Investment Account 218,974.21 � Caeh In Sank-Security Dep. U.B 23 ,490.41 Total Current Assets $ 312, 445.75 � Fixed Assets Buildinq 444 2,585,000.00 Accumulated Depreciation (115,993.58) � Building 555 i,o85,000.00 Accumulated Depreciation (48,685.75) Buildinq Improvements-Sidg 444 137,715. 04 � Accumulated Depreciation (iz, 613.55) Total FiXed A68et8 3 , 630,422.16 � Total Asseta $ 3 ,942, 867.91 � � � � � � � � � See Accountants' Compilation Report � _ __ _ _ .� � � Palm Desert Offica Complex Balance Sheet Auqust 31, 1997 � Liabilities and Equity � Current Liabilities Security Depoait Payable $ 21,200.00 � Total Current Liabilities $ 21,200. 00 Lonq Term Liabilities � Equity Equity 3, 183,885.45 Retained Earninga 727,219.81 Current Income (Loas) 10,562.65 � Total Equity 3 ,921,667.91 � Total Liabilities & Equity $ 3 ,942,867.91 � � - � � � � � � � � See Accountants' Compilation Report � . __ _ ___ _ � � � Palm Desert Office Complex income Statement � For the Period Ended August 31, 1997 1 Month Ended 2 Months Ended � Aug. 31, 1997 Pct Aug. 31, 199T PCt Revenue � Rant Receipts $ 34, 125.45 97.15 $ 67,926.66 98.26 Dividend Tncome-Sweep In 974.21 2 .77 974.21 1.41 Interest Zncome-Security 18.82 0.05 18.82 0.03 Interest Zncome-General 6.31 0.02 213. 17 0. 31 � Tota1 Revenue 35, 124.79 100. 00 69, 132.86 100.00 � operatinq Expenses Interest 815.83 2.32 815.83 1.18 Repairs & Maintenance-Di 436.22 1.24 1,247.64 1.80 Repairs & Maintenance-Bu 1,404.51 4.00 4,697.77 6.80 � R@p81r8 & Maintenance-Ja 2�875.00 8. 19 6�355.00 9.19 Professional Services 5,000.00 14.23 16, 000. 00 23.14 Telephona 141.75 0.40 281.46 0.41 � Utilities 5,739.45 16.34 � 10,800. 65 15.62 Total Expenses 16,412.76 46.73 40, 198.35 58. 15 � Operatiflq Income 18,712.03 53 .27 28,934.51 41.85 DeprBciation Expense 9, i8S.93 26. 15 18, 371.86 26.57 � Total Other Income (9, 185.93) ( 26. 15) (18,371.86) ( 26.57) � Net Income (Loss) $ 9,526. 10 27. 12 $ 10, 562. 65 15.28 � � � � � � � See Accountants� Compilation Report w. � Palm Deaert Offica Complex Statement of Cash Flows For the Period Ended August 31, 1997 � Increasa (Decrease) in Cash or Cash Equivalents � i Month Ended 2 Months Endad Aug. 31, 1997 Aug. 31, 1997 Cash Flow from Operating Activities � Net Income (Loss) $ 9,526.10 $ 10,562. 65 Adjustments to Reconcile Cash Flow Dapreciation 9, 185.93 18,371.86 � Increase (Decrease) in Current Liabilities � Security Deposit Payable 500. 00 1,500.00 Loan Payable-City of Palm Dsrt (40, 000.00) (40,000.00) � Total Adjustments (30, 314.07) (20, 128. 14) Cash Provided (Used) by Operations (20,787.97) (9,565.49) � caeh Flow From Investinq Activities Sales (Purchases) of Assets Cash Flow From Financing Activities � Cash (Used) or provided by: Retained Earninqs o.00 o.00 � Cash Provided (Used) by Financinq 0.00 0.00 Net Zncrease (Decrease) in Cash (20,787.97) (9,565.49) � Cash at Beginning of Period 333,233.72 ,322, 011.24 Cash at End oP Period $ 312,445.75 $ 312,445.75 � � � � � � � See Accountants� Compilation Report � _._ City of Palm Desert Palm Desert Office Complex Analysis of Month to Date Actual to Budget August-97 Aupust-97 # % Budget Actual Vaziance Variance Revenues Rental $ 58,892 $ 63,379 $ 4,487 107.62% Dividends/Interest $ - $ 999 $ 999 100.00% Total Revenues $ 58,892 $ 64,378 $ 5,486 109.32% Expenses Repairs&Maintenance $ 9,005 $ 4,716 $ 4,289 52.37% Landscaping $ 1,079 $ - $ 1,079 0.00% Property Manager $ 3,000 $ 3,000 $ - 100.00°� Accounting $ 2,000 $ 2,000 $ - 100.00% Telephone $ 229 $ 142 $ 87 62.01% Utilities $ 4,809 $ 5,739 $ (930) 119.34% Insurance $ 520 $ - $ 520 0.00% Total Expenses $ 20,642 $ 15,597 $ 5,045 75.56% Operating Income $ 38,250 $ 48,781 $ 10,531 127.53"/0 Depreciation $ 8,083 $ 9,186 $ (1,103) 113.65% Net Income Q 30•167 $ 39.595 $ 9.428 131.25%