HomeMy WebLinkAboutInvestment Report - April 2012� �
CITY OF PALM DESERT
FINANCE DEPARTMENT
INTEROFFICE MEMORANDUM
TO
FROM
DATE
RACHELLE KLASSEN, CITY CLERK
NIAMH ORTEGA, RECORDING SECRETARY�'�`��
JUNE 19, 2012
SUBJECT: COMPLIANCE ANALYSIS AND INVESTMENT REPORTS
Please find attached the Compliance Analysis and Investment Report which were
presented and approved at the recent meeting of the Audit, Investment and Finance
Committee for the month of April 2012. Please include the report on the upcoming agenda
for review and acceptance by City Council.
Also included are the Minutes of the April 2012 meeting for acceptance by the City Council.
Please feel free to contact me at Ext. 382 if you have any questions. Thank you.
nmo
Attachment (as noted)
C['t'Y COUNCtL ACTInN
APPROVED—� nENTED
RECEIVED ,�- .t � 1� OTHF,R
MEETt G DATE - ��" �
AYES: -�
NOES: �� �`�P
ABSENT: �1'�_
AI3STAIN:
VERIF[ED BY: r c
Original on File with City Clcrk's Of � e
��('�i tl� � �� �P��� �t�.-�A
i�:�,�......�._�_,�....� �' �-G ! � _.
�
�� ��ti�.. �__. . ; �,-..r._� �tc�.r�._..�__.��.
�ri�;�Aa.� c2�a �id ��•i��x �:;a�:;T �.;�er�'s �'���ci
G:\FINANCE\NIAMH ORTEGA\INVESTMENT COMMITTEE\MEMOS\RKLASSENINVREPORT.WPD
0
rN
I.L. G
�
W d � N
�
� O
� � � N
Q � � O
O M
a o� -
O �L.
O��a
�
�aa
�.i
U >
� a
w
�
M
C
F
o-
«b
O�
N
�
O �
o �
0
a
O 7
mb
7
a, d
�j
�
��I
a>i
.�
C
Cf
�
H
>
C
. m n n rn n o o� o
� N c�7 M � M O a�0 R N
a
0 0 0.= o 0 0 0 0
� � � c0 T- r- �.- I O)
� � M
.- � � O> � .- 7 .- I M
°O N
.- sr
0
V�j t(i N 4 6�i O N � O
O
N cD � � N(V V � O
0
�
I� O? N � il O�i � O �
M
0o rn oo c+i ui ri ro �
� rn r�i rn rni o rn v �
c0 . h c�0 O�i f�0 � V N M
N � M � [O i� �
.47 � u'i N � �!' aD i� OD
N V O> �
0
N
�� N O u^7 rn� O
n W M N (`^') O 0^D V
vi v vi ai o c�i v c�
N � c��'1 O a�0 � n �
ui �vi ri rn c oo �
N V O)
I� Of N O � W O O
00 oi ao o vi o co
� m � O � O O �
N V� N O O N CO (V
tD h c0 O (O h N N
N � M O c0 .— (D O)
in �N th m 7 OD I�
N V O�
�
t0
�
rn
n"
0
N
�
M
O
�
Q1
�
n"
O
N
o �
O N
o �
0
�" �01
M
'- � M
N
r
�
a
N
h
�
�
N
v
(V
n
�n
V
�
N
N
N
0
O
W
Q1
O
N
'a
N
N
'a'
O>
N
N
0
N
M
CV
T
N
M
r'
0
N
I Z _ � � �
1 Z �, � Z � I y i3
o a w FW- � ai � o a�i
w � � Q W � m �
¢
� O�U w a�� � d
i¢ a � `� c
p o � z O�p Z , �,� �
�
�, � m� 2 U' W�U ..�3 i �'o L
� Z e( W � 1- W C
; a LL J�'� �� E o� U
a Q
,� Q a � N O� ..r
} J � U �� W d N N c �
F N o
U� LL���� � U a� F�-
a
U
N�
t c
+� (O
n
� d
N �
N N
C ��
m
ma
`o-
C ¢
�
m N
C .4%
(0 �
m �
. �
T
U .�
a�
.. o
c o.
N
I � .+
N
I > �
i � N
I p �
C fl-
N y
a�i m
io �
� Y
� �
N �
� �
N
� �
� O
a Q
��
w O
a '�
c
.�+ � � a
� o 0
0 rn MU
� _ �n �,a
`' °� o p
a�i CO
U N
>' � >
t) N N
H a
tL � �
U �
c N N
� _ .-�
� � O
Eo N
i �
o X �
C7 'w �
m �
.� � �
o �
o roy
rn ao ao w U
c °° `t o
C M � � � rn
IJJ � � c N
t � � O 7
C y 'O
�> c
O
� N a X
M L �
..+ N
'C L '�
a 3�
a c
V C N
.a'��-' ro
� L N
� U ~
C T
' � U
� .a�
y � O t�- F-
� � o � �
nf a' o y V
io w a @ Cj
N m O t
o> >' :3 a�i � o
C N p� � � �
� � d ; ; � �
W � � � � @ � .
O> >� t a c@o m
�- U Q w F- o.o a
o �
� Q n r�i
U -� ^
� a >
O 1�
� � �
�p a �
�
a
N
O
N
O
M
O
N
0
N
�
O
� o
O N
'�- o
� �
�
0
C o
t.' °�
O 10
Q �
c
� �
r ��
� M 0
a �
° m �
U Y � I �pQp � ( n
0 A
f
g M N N I N c`') I N1
r o 0 0 0 0
��
�
�
7
7
g.
m
N
7
�
Y
N
� �
�
�
�
W � ,F,
W � � � �
0 � = O >
� C � N a
Q � N M
� �
�' O d 'C
O� oa
� o � ��
a to
U L
O a
a
Q/ U
{`O C
7 W
Q m
�
N
�
N
�
c
m
N
>
c
a
h
�
U
v v
N N
O O
I`` a0 N �'�,.
� W �
O � l0
o n n
00 � vS
N N
N b
� � n
O CO 10
o n n
CO I� N
N N
N �
W W
ui N
O r
� n
N
tfi
N
t�D
n
N
N
�
0
W
T
� n
� �
� �
�
�
�W
�
U �
J J y
O O A
a a u,
a o: Q'
� � �
q ¢ o
� U (U �
� O
a
� �
�
a
Z v
� T N
w
a
z
Q
�
� �
a
Q M N
Uv}i t}i>
M
O
� N
W T
� �
� �i
�(7 N '
[7 ty1
� �
O� 01
m �
� T
7 �t(}�
N h
(�7 M
O�i Qi
O�i �
V
� �
� �
m
0�7
N
�
�
�
w
�
W
�
� d
J �
�
a �
LL Q
��
�
A
v �
O
a
7
�
a�
❑
�
O
Z
O
`J
I'� �
U u}i
N I
O
N
N
�
0
I �I �
�I � � �
O I O O I O
ml ,
I 4
� o
(O O
m
O '-
N N 01 �
op OD M C'f
M M m T
� � rn m
c+� M 01 /A
h Y! N N
N N
N
�
�
M
N
N
N
�
M
�
M
N
N
O
�
N
O
O
(�
O
N
N
O
O
M
N N IW W
M M I
u� �e1 ,
r�Oi_ M ''
N N
n
❑ O
Z h
� �
I LL �
f- M
W N
�
�
�
W
>
z
Um
Z �
W
¢ >
Q
U �
o '°
J jp
O
a
�
�
�
� �
�lA o
U �
� �
�
a
�
Z
O
m �
' o
Q �
J N
LL �
I � �
O O
O O
O O
0 0
M M
0
s
N
a
�
o �
O
N
T
W
T
�
Y nj
Z
a
m
z
O
J
W
� d
O �
2 �
J j
¢
w G
o �
w
LL �
O
a
7
N
Z
O
� �
O o
U d
U
Z
w
Q
J "�
��
�
W
� M
LL M
�� 1
M I M
0 0
�
O
tnf� N
M M
m m
00 W
6� O1
7 �
� N I
� N
M M
O O
� �
Oi T
7 V
N N
�!i N
t+r7 M
o�o m
V�' V
�
O
O7
i0
�
�
N
U �
I LL C
a �
O '� '..°
O
� �
�LL �
� N
Z
� o
~ o
W �
>
Z
IU
i�
Q o
J a
UN
�
� �J �
�o �
Q � M
U "
N
� a >
�o i r
� � n
� � � � � � � � � � � � � � a � �
a i
0 0 0 0 0 0 0 0 0 0 0 0 0 0
O O O O O O O O O O O O O O
0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0
m m m m m m m m m m m m m m
a¢¢ a a a a a a a a¢ a a
0 o co 0 0 0 0 o r o o rn o 0
O O O O O O O O O O O O O
N O O O O O O O MO O O th O O
� � � � N
v rn �O � �
O O cD O O O O O f� O O m O O
o O O O O O O O O O O O O
N O O O O O O O O O O M O O
(D N (D O� t1')
N (D (O M tn
V � (D W
0 o co 0 0 0 0 o n o o rn o 0
O O O O O O O O. O O O O O
N O O o O o O O o O O fM O o
�p N co rn u�
v rn `O � �
sossoasosoosso
N N N N N N N N N N N N N N
0000000saossoo
� 0 Q � � 0 � � � � � 0 0 �
LL LL LL IJ. LL lL IJ.. LL LL LL lL LL LL LL
� � � � � � � � � � � � � �
(� !n (� (A N (n (n (� c� (n cn � tn . tn
� � � � � > > � > > � � > >
J J J J J J J _l J J J J J J
a a a a a a a a a a a a a a
� z � � � � � � � � � � � �
� � � � 7 > > > � > > > > �
� � � � � � � � � � N � � �
u� uaJ t�i u� u� uaJ u� u� u`5 u� u� u� u� u�
� � � � � � � � � �' � d' a' �
F- t- I- 1- F- F- f F F F- F- F 1- I-
� W W W W W W W W W W W W W W
� � � i� � � � � � � � � � �
aaaaa¢aaaaaaa¢
� F- � � � � r- r- f-' � � i- � �
z z z z z z z z z z z z z z
a a a a a c¢ a a a a a a a
> > > > > > > > > > > > > >
a Q a a a¢ a a a a a a a a
�."
�
7
'�
��� ~ F- F- t- H 1- F- F- t- F F- H 1- F- 1-
� o 0 0 0 0 0 0 0 0 0 0 0 0 0
��n � � r�. m co 0o rn rn rn o 0
v v v v c v v v c v�n u�
p rn rn rn rn rn rn rn rn rn rn rn rn rn rn
a OD a� W aD a� W W OD OD CO W W W �0
�
0
U
t�7 F�� t- �� r- r; �� r; t- ��
� O O N('� O N O N O
Q O O O O O O O O O O O O O O
�y � r� r� n n ti m ro oo rn rn rn o 0
v v v v v v a a v v�n u�
N rn rn rn rn rn rn rn rn rn rn rn o> rn rn
Jm ao w ro eo eo co ao 0o m eo ao ao ro
lJJ cn tn cn tn (� v� cn tn N ul cn cn tn t�
y } } } } } } } } } } } } }
3 � � � � � � � � � � � � � �
s
0
N
N
Q
0
m
0
�
N
�
�
f0
a
F �
� c �
W G� ,r,,
�
W d
� � � o
�r � � N
J e� N o
�(�—M
a o � •L
p� oa
� a° �
�
a
�w
�O
i0
�
w jp
vi U
o '�
�
U�
� M
�
T
�
�
�:
��
N
a�
�
m
>
Y
8
m
d
7
l0
i
d
Y
N
�
v
3
>
a
y �d''
t0
t 0
�
a'
dd
m U
N C
7 �
¢m
dl
�'
yl
�
�
d
N
>
�
a
�
�
U
�
�
�
�
�
W
�
O
a
�
0
U
O,n
V
a
LL
J
J
�
.- .- � .- .- .- � '- � .- .- .- .- .- .- � � .- '- .- r .- r � r .- � r .- •-- •- •- �- �- •- '-
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
o O O O O o o O O O O O O O O O O O O O O O O O O O O O O O O O O O O O
O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O
m m m m m m m m m m �o m m m m m m m m m ca m m m m m m m m m m m m m m m
m m m m m m m m m m m m m m m m m m m m �o m m m m m m m m m m m m m m m
a a a a a a a a a a a a a a a a a a a a a¢ a a a a a a a¢¢ a a a a a
m uni o 0 o v o 0 0 0 0 o rn o rn o 0 o a�'i o 0 0 o v � o o � c� o 0 0 0 o n o
, . . .
� co 0 0 o N o o c% o 0 0 ��� o 0 0 0 0 0 0 0� m o�n o� o 0 0 0 o M o
rn ao r� ro a .- u� rn v� � v
oi co v vi r- �ri c o cv oi
cD � V' M V' N �
O> M O
N I� O O N O O� O O O tn �p � O O O M O O O O W � O i� N V O O O O O N O
t0 1n O O O� O O O O O O 01 O� O O O a0 O O O O V (O O O I� M O O O O O f� O
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
� t0 O O O N O O M O O O ��� O O O MO O O O O� � O� O� O O O O O M O
� W (`') GO V '- N � tn (O V'
O) N d' tn r 4� V O N �
� .^- m M � O �
c� r� o o c� o o m o 0 0 �n v rn o 0 o r� o 0 0 o rn rn o n �n v o 0 0 0 o N o
co u� o 0 o v o 0 0 0 0 o rn o rn o 0 o co 0 0 0 o c cq o o r� m o 0 0 0 o n o
co co 0 0 o c�i o o co 0 0 0 oi oi co 0 0 o ri o 0 0 0 o vi o oi o 0 0 0 0 � o
00 M cD OD (O O '7 P� 6� [7
01 a0 M [O V �f7 m tn (O V
(O P� . V � � ? M V � . M
� � � o �
O O O O O O O O O. O O O O O O O O O O O O O O O O O O O O O O O O O O O
N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N
O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O
0 0 0 0 0 0`o 0 0 0`o 0 0 0 0 0 0 0 0 0 0'o 0 0 0 0 0 0 0 0 0 0 0 0 0 0
��� ��� ��� ��� ��� ��� ��� ��� ��� ��� ��� ���
LL LL LL LL LL LL LL LL LL Lt.. Il LL LL LL LL lL lL tL LL lL lL lL lL LL LL LL LL LL LL lL LL lL LL LL LL LL
� � � � � � � � � � � � � � � � � � � � � � � � � � � � � g � � � � � �
� � i � � � � � � � � � � � � � � � � � � � � � � � � � � � � � i � � �
� N � N � � N � � � � � � � � � � � � � � � � � � � N � � � � � N � � ti
> > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > >
J J J.J J J J J J J J J J J J J J J J J J J J J J J_I J J J J J J J J J
a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a
} >- } >- � � � >- Y- >- >- Y T } > Y� Y >- � � >- Y >- } >- >- >- > >- Y > � � � >- r
� � � � � R � K � � � � � � � � � 2 � K d' d' � � � d' � K � � d' � � � � �
� > > > > > >� > > > > � � � � � 7 � � � 7 � � > > � > > > �7 � 7 � 7 7 �
fQ� !Q� (Q� fQ� cc�� td� l¢� (d� fc�� !Q/� tQ� (4� �Q VQ� NQ(Q� !a� (d� (Q� la� tQ� fQ� !Q� Na(Q� (¢� !Q� N¢ tq� tq� !c�� tQ� (Q� !Q� (Q� yQ
W W W W W W W W W W W LLJ W W W W W W W ul W W W W W W W W W W W W W W W W
� 2' � � � � � � � � � � � � K � � � � � � � � � � � � � � d' K d' � a' 4.' �
� r- � � � r r- � � � � � F- � � r- � r- � � � � F � � � � � H � � � �- � � �
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 w w w w w w w w w w
c� c� c� c� c� c� c� c� c� c� c� c� c� c� c� c� C� c� c� c7 c� c� c� c7 c� c7 c� c� c� c� c� c� c� c� c� c�
a a a a a a a a a a a a a a a a a a¢ a a a¢ a a a a a a a a a a a a a
f- F- f- h- t- 1- F- F-- I- I- I- F- F- F- H H H F F 1- F- I- 1- F'- F F'- t- f- I- I- F- F F- F f" 1-
Z Z Z Z Z Z Z Z 2 Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z
>» >» >» ? » > > > > » > » > > > > > > > > > i > > > »
O O O � � O � O O O O � � O � � O O O O O O O � O O � O O 0 O O � O � �
a a a a a a a a a a¢ a a a¢ a a a a a a a a a a a a a a a a a a a a a
���-������������������-�������; ����� ���
N M O N M � tf7 [O h aO m O � N M V h (O CO 01 O e- C') � O.- N(h O N 00 O.- N
O O O O O O O O O O O O O O O O O O O O O O O O
O O.- .-- � e- .- .- .- .- s- e- .�- � � � � � �.�- .�- N N N N o0 W a0 aD a0 aD c0
�n �n t� � �� o 0 0 o rn rn rn rn m rn rn
rn rn v v v v v v v v v v v a v v v v v v v N Nc� N N n � ti � u�i v°Di u°0i v00i � v°°i �
�� N N N N N N N N N N N N N N N N N N N N N N N�N N N N N N N N N N N
F H � � � � � � � � r- H � � r- r- � r- � � � � H � � � � � r h r- r r- � � �
N M O N M a lfJ (O 1� O] � O � N M ef N (O OD � O M .O N M O N a0 O.- N
O O O O O O O O O O O O O O O� O O O O O O O O
O O e- �.- .- .- .- .- �- r- .- . � r .r- �.�- .�- �.^- N N N N a0 . aD a0 00 oD aD a0
u� �n r� n � r� o 0 0 o rn rn rn rn rn rn rn
v v v v v v v v�` v� v v v v v v v v v v v ao eo m m m co m
O� W N N N N i� f� f� I� � N� tn tn tn �n
00 aD O O O O O O O O O O O O O O O O O O O N N N N N N N N M I'7 M C7 th (`7 07
� � � h � � N N N � � � N N � h � � N N � � � � � N � � � N � � � � � �
r>r r�� � r�- r �-r r>> > r� � r> r�-�- r�-r ��r ���- r>r
N � � � � � � N � � N � � � � � � � � � � � � � � � � � � � � � � � � N
� ¢ �
M
O �
- a
4O- I
L �
o a
a �
a
s
0
N
�
�
0
d
�
�
M
N
Q1
aa
��
� �
�
« ie
O�
A
�
U�
� �
� M
N
O
O
�
T� 'd''
a� �
�
w
7
>
Y
8
m
d
N
�
d
L
� �
�
d
�
_
W d
N � �
� � � � �
� O >
� C �
� N a
J � H o
� M
a o d •�
O� oa
� •- d �
O � Lo
va �
O a
a
md
��
��
> R
Q m
d
�
N
x
�
d
E
d
>
C
a
�
�
U
O
O
O
m
0
N
�
v
0
01 I
O
N '
I � ,
m
n
0
N
�
v
0
�,
n
N
�
a
d
m
>
a
v
c
R
0
�
�
�
� �
N N
�a
� �
0 0
� V V
0 0l o
O (r0 I W
� O O
Q Q I
� �
a�D M
o � m
°i n m
c'� � N
�� �
v v o0
o n o
O �--
� r N
N N arD I
VNY � ta0 '�I
O 1� tr '
v v oo ''
0 0 0
0 0 0
0 0 0
o c"'o �
c a ao
N �
00
N N
o n
o �
�
a
� �
� a �
J 2' h
F O o0
_ U
a �
V �
U �
� U
U �
O
w O A
J � N
>
� a
Z � C
W 0 A
N � ~ .'�
w o
F- a
O N
z
�
�
W
~ N W
� N r
�
�
WC
G
W
r
�q a
�
a � a
� N l`7
U r�Oi m
� ( �
� ��
� O
QI
a
v
O
,y' �l'
O O�q
� V
N N
� �
n n"
� �
v v
O O
� � I
� I
N N I
O� O> ',
m Q~i I
v �
0
� �
rn m
n �
� T
�
�
�
�
T
z m
�
LL
F
Z
W
�
H
� �
w �
z �
>
� 4
J
O �
O
a �y
0
� a
W �
a' '�
�
�
Q o
LL) �
� N
H �
� O
z
�
�
U
w
o �
N a
� N
i �
� � �
N
N
�
O
M
�
w
M
�
�
A
O
N
a
N
tQD
tf7
�
0
N
0
0
n
�
N
�
�
0
O
N
�
0
N
m
rn
�
>
a
C
�
0
�
� ¢ �
r
O �
.� a�
� �
0�. a
f
a
O
N
O
�
0
0
N
0
�'
0
d'
N
of
�a
a
w A
TU
O A
�
V�
��
M
�
N
T
�
�2
N
� �
�
�
N
7
A
�
8
m
d
7
1O
>
ryll
�',
r
� �
C
N
W d �
W d V N �
� C y O L
N ,�
Q � � M a
t�i° °a
�� �a d�
U a p�, � c
7
a
m N
O) t�
N C
(C
Q m
N
N
u
«
c
w
E
«
d
>
C
a
�
�
U
o O O
O o O
O O O
6� N f0
(� r �
.- C tn
O (D O�
W I� c0
N O O
n �n
rn rn v
� N (D
r � m
� � N
O c0 O>
m I� t0
N O O
O�i rn V
���
O C�O �
W I� fD
N O O
rn rn c
N N
o O
'n t�
0 0
W 0
�
� C
�
� �
Z J O
�O �
� w
F
� Z J
�
� � Q
W LL
� O Q y
J Z U
J J O C
d � �-- N
{y� � q m
� u! d
C W W �
N U � � Q
F-
2
�
O
c�
U
Q
C7 `° "' N
Z (�+7 M M
Y � � '-
U
W
2
U
Y
Z
Q
m � � N
Z O O O
O M ! M
� � � �
N
N
V
O
N
N
O
O
W
r
0
N
V'
N
N
V
O1
O
N
M
�
M
0
N
W
V'
O
N
oi
N
c
�
!
V
A
t
N
W
U
�
�
� a o
�
U �
0
o ai
� �
�O a
i
a
0
0
N
0
N
�
�
O
d
0
�