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02-08-2000 CC Rpt A04 • • �- gcc 2 aarp COUNCIL AGENDA STAFF REPORT CITY C of Y/ED Meeting Date: February 8,2000 6 •p� JAN 27 p 4.2 Public Hearing: 0 Discussion Item: ❑ t CITY 01 CHINO HILLS •(�• Consent Item: oFFI O�:. ( 1w�' at:v FEBRUARY 1, 2000 TO: HONORABLE MAYOR AND CITY COUNCIL MEMBERS FROM: CITY MANAGER SUBJECT: TREASURER'S REPORT FOR DECEMBER 1999 RECOMMENDATION: It is recommended that the City Council: 1. Approve the Treasurer's Report for December 1999; and 2. Authorize staff to continue investing all of the City's funds in State and County investment pools. BACKGROUND/ANALYSIS: The Treasurer's Report for December 1999 may be seen in Exhibit A (attached). The amount of cash and investments for all funds amounts to $103,062,963.04. The amount of cash shown in the checking accounts may be either a positive or negative(overdrawn)amount, depending on whether or not there is an opportunity to invest the "float" amount. It is the Treasurer's intention to invest all cash not needed for the immediate cash flow needs of the City. The cash flow for all major fund types is also reported in Exhibit A. As shown,the City's cash reserves,coupled with the month's cash receipts, are sufficient to meet the City's cash disbursement requirements for the month. Additionally, there are sufficient reserves and forecasted cash receipts to meet the City's future cash disbursement needs. Attached are copies of the summary reports received from the agency pools in which the City invests. Due to the different styles and lengths of reports, only summary information is excerpted from the reports and attached as exhibits to the Treasurer's Report. Additionally,the agencies reports that will be attached to the City Treasurer's Report may not necessarily correspond according to dates,due to the lag time in producing and mailing these reports. Included in Exhibit A is a column showing the market value of investments the City has in the various pooled investment accounts. The investment pools provide the market valuation information for the total pool and City staff then calculates and reports the City's pro rata share of the market valuation amount. • • • AGENDA DATE: FEBRUARY 1, 2000 SUBJECT: TREASURER'S REPORT FOR DECEMBER 1999 PAGE TWO The market value may show unrealized gains or losses for the pooled investments. This does not mean that the pool has actually gained or lost any money on these transactions; it just shows what would have occurred if the pool had redeemed any of the investments as of the date of the report. Typically,the pools may not actually earn many gains nor suffer any losses,since the pools hold the investments to their maturity dates. As a reminder,for interest bearing instruments(which usually comprise most,if not all,of the pools' investments), a change in the market rate of an instrument will cause the value of the instrument to change. For example,when the interest rates increase,the value of bonds,notes,and other interest- rate-sensitive investments will decrease. Conversely, when the market interest rates decrease, the value of bonds,etc., will increase. But the risk of any actual loss (or gain)occurs only if the bonds or other investments are sold before their maturity date. If the investments are held until their maturity date, the investor will receive the total principal of the investment as well as any interest earned on the investment. Due to the City having limited staff and resources, it is recommended that the City continue investing all funds in State and County investment pools as a prudent means of balancing investment returns with the costs of investment activities. FISCAL IMPACT: In accordance with California Government Code,the Finance Director/City Treasurer certifies that sufficient investment liquidity, as well as sufficient anticipated revenues, are available to meet the City's budgeted expenditure requirements for the six months ending June 30,2000.The investments reported in the Treasurer's Report are in compliance with the City's Investment Policy. spectfully submitted, Recommended by: g--27 ?...(4,14 OF Do s N. La Belle, City Manager tan McCartney,Finance Director 0 DLB:SCM:ssr Att. C•AGEN DA\TRSTFRPTDEC99 ' • •EXHIBIT A • CITY OF CHINO HILLS TREASURER'S REPORT December 1999 .. I. Funds Held by City and Fiscal Agents: A. Funds Held by City: Market Investments Cost Value San Bernardino County Pooled Funds of Investments (SBCPFI) $ 32,799,290.45 $ (1) Los Angeles County Pooled Funds of Investments (LACPFI) 43,335,688.29 (4) (1) State of California Local Agency Investment Fund (LAIF) 19,711,367.74 (1) Total Investments 95,846,346.48 (2) Cash Bank of America-Checking 970,805.56 970,805.56 Bank of America- Payroll 10,000.00 10,000.00 Total Cash in Bank 980,805.56 980,805.56 Petty Cash 3,350.00 3,350.00 Total Cash 984,155 56 984,155.56 Total Funds Held by City 96,830,502.04 (2) B. Funds Held by Fiscal Agents: U.S. Bank 5,061,706.50 (3) State Street Bank 1,382.40 (3) Harris Bank 1,169,372.10 (3) Total Funds Held by Fiscal Agents 6,232,461.00 (3) Total Funds Held by City and Fiscal Agents $ 103,062,963.04 (2) II. Estimated Composite Investment Earnings Rate: 5.26% (Estimated Investment Earnings Rate for SBCPFI :4.84%. Actual Investment Earnings Rate for LACPFI :5.49%;&LAIF:5.49%.) III. Cash Flow Transactions by Major Fund Types: Beginning Ending Cash Balance Cash Cash Cash Balance Fund 12/01/99 Receipts Disbursements 12/31/1999 General Fund $ 10,776,246.61 $ 2,868,082.32 $ (1,393,797.77) $ 12,250,531.16 Public Facility Fund 2,000,000.00 0.00 0.00 2,000,000.00 Water Funds 11,945,818.62 1,629,052.54 (1,936,843.33) 11,638,027.83 Sewer Funds 7,913,541.48 377,676.52 (289,568.23) 8,001,649.77 Lighting & Landscap. 8,622,374.70 4,161,759.11 (1,257,538.90) 11,526,594.91 Development Funds 16,507,807.08 647,157.69 (866,846.48) 16,288,118.29 Comm. Facilities Dist. 16,565,478.31 2,797,668.24 (1,533,943.53) 17,829,203.02 Assessment Districts 4,529,065.98 819,207 27 (139,207.23) 5,209,066.02 Miscellaneous Funds 17,936,677.30 3,441,947.98 (3,058,853.24) 18,319,772.04 Total $ 96,797,010.08 $ 16,742,551.67 $ (10,476,598.71) $ 103,062,963.04 • • EXHIBIT A CITY OF CHINO HILLS TREASURER'S REPORT December 1999 Page 2 of 2 IV. Funds Held by Deferred Compensation Providers - Market Month Ending December 31, 1999: Value Aetna Life Insurance and Annuity Company $ 1,668,822.91 ICMA 1,122,544.50 Total Funds Held by Deferred Compensation Providers $ 2,791,367.41 Footnotes: (1)The calculation of the allocation of the City's market value is not provided by the investment pool. (2)Total market valuation cannot be determined since the market value for all investment pool accounts is not available. (3)The most current bank statements available for the Reassessment District 94 and 95 bonds are as of December 31, 1999; these reports are issued on a quarterly basis. The market valuation for all fiscal agents is not available. (4)The County of Los Angeles Investment statement is not available as of the date of this report. V. Certifications: In accordance with the California Government Code, the Finance Director/City Treasurer certifies that the investments reported in the Treasurer's Report comply with the City's Investment Policy and that sufficient liquidity, as well as sufficient anticipated revenues, are available to meet the City's budgeted expenditure requirements for the six months ending June 30, 2000. 04/7:' 1/71 --r (. 1"-4-'0/ Stan McCartney Finance Director/City Treasurer City of Chino Hills • Treasurer's Report Worksheet General Public Facility Water Sewer Lighting& Development Comm Facilities Assessment I Miscellaneous Fund Fund Funds Funds Landscape Funds Distnct Distncts Funds Total Funds Held by City: Beginning Book Balance Q12/01/99 10,776,246 61 2,000,000 00 11,945,827 89 7,913,541 48 8,622,374 70 16,507,807 08 13,667,091 68 1,459,974 04 I 17,873,784 31 90,766,647 79 Cash Receipts 2,868,082 32 000 1,629,052 54 377,676 52 4,161,759 11 647,157 69 2,797,668 24 710,805 59 3,188,629 81 16.380,831 82 Cash Disbursements (1,393,797 77) 0 00 (1,936,843 33) (289,568 23) (1,257,538 90) (866,846 48) (1,533,943 53) (139,207 23) (2,856,646 03) (10,274,391 50) Journal Entries For Month (202,207 21) (202,207 i1) Ending Book Balance Q12/31/99 12,250,531 16 2,000,000 00 11,638,037 10 8,001,649 77 11,526,594 91 16,288,11829 14,930,816 39 2,031,572 40 18,003,560 88 96,670,880 90 Reconciling Transactions 159.621 14 159,621 14 Ending Bank Balance Funds Held by City 12,250,531 16 2,000:000 00 11,638,037 10 8,001,649 77 11,526,594 91 16.288,118 29 14,930,816 39 2,031,572 40 18,163,182 02 96,83 I Funds Held by Fiscal Agent: Beginning Book Balance 012/01/99 (9 27) 2,898,386 63 3,069,091 94 62,892 99 6,030,362 29 Cash Receipts 108,401 68 108,401 68 Cash Disbursements 0 00 Journal Entnes For Month 0 00 Ending Book Balance a l2/31/99 000 0 00 (9 27) 0 00 0 00 0 00 2,898,386 63 3,177,493 62 62,892 99 6,138,763 97 Reconciling Transactions 93,697 03 93,697 03 Ending Bank Balance Funds Held by F/A 000 0 00 (9 27) 0 00 0 00 0 00 2,898,386 63 I 3,177,493 62 156,590 02 6,232,461 00 Summary of Cash Balances Beginning Cash Balance Funds Held by City 10,776,246 61 2,000,000 00 11,945,827 89 7,913,541 48 8,622,374 70 16,507,807 08 13,667,091 68 1,459,974 04 17,873,784 31 90,766, .79 Funds Held by Fiscal Agent (9 27) 2,898,386 63 3,069,091 94 62,892 99 6,03 Total Beginning Cash Balance 10,776,246 61 2,000,000 00 11,945,818 62 7,913,541 48 8,622,374 70 16,507,807 08 16,565,478 31 4,529,065 98 17,936,677 30 96,79 , 08 Ending Cash Balance Funds Held by City 12,250,531 16 2,000,000 00 11,638,037 10 8,001,649 77 11,526,594 91 16,288,11829 14,930,816 39 2,031,572 40 18,163,182 02 98,830,502 04 Funds Held by Fiscal Agent (9 27) 2,898,386 63 3,177,493 62 156,590 02 6,232,461 00 Total Ending Cash Balance 12,250,531 16 2,000,000 00 11,638,027 83 8,001,649 77 11,526,594 91 16,288,11829 17,829,203 02 5,209,066 02 18,319,772 04 103,062,963 04 • . • Detail of Securities Held: 76990800 SAN BERNARDINO COUNTY MONTH ENDED: Dcccmbcr 31, 1999 (Excluding Cash/MoncyFund) SECURITY TYPE S&P MATURITY PURCHASE,. ORIGINAL YTM ACCRUED AMORTIZED MARKET DESCRIPTION CUSIP RATING PAR COUPON DATE DATE COST AT COST INTEREST COST VALUE CERT OF DEPOSIT NATIONAL WEST BANK CERT DLI'OS 63851-IGL45 A-1+ 15,000,000 4 980 1/10/2000 1/8/1999 14,997,090 00 5.00 742,850.00 14.999,928 60 14,995,710.00 TORONTO DOMINION CERT DEPU.S 89112JRG3 A-1+ 20,000,000 6280 1/10/2000 12/10/1999 20,000,00000 6.28 76,755 56 20,000,00000 20,002,940.00 BANK OF MONTREAL(Cl//C)CLRTOFPOS 0636P7RC4 A-I+ 10,000,000 6.280 1/12/2000 12/6/1999 10,000.102 12 627 45,355 56 10.000.030.40 10.001.75000 TORONTO DOMINION CERT DEPOS 891121PP5 A-1+ 25,000.000 6.680 1/14/2000 12/15/1999 25,000,000.00 6.68 78,861.11 25,000,000.00 25,009,050.00 FCC NATIONAL BANK CERT DEPOS 30241KHH7 A-I+ 10,000,000 5.710 1/18/2000 8/10/1999 10,000,436.11 5.70 228,400 00 10,000,04600 9,999,250 NATIONAL BANK OF CANADA(NY) CERT 63306VJF8 A-I 25,000,000 5.950 1/18/2000 9/15/1999 25.001,701.09 5.93 446,250.00 25,000,231.25 25,001,475.00 BANQ PARIBAS(NY)CERT DEPOS 06674EMG3 A-I 10,000.000 6.000 1/19/2000 11/17/1999 10,000,173.18 5.99 75,000.00 10,000,049 50 10,001,200 00 NATIONAL WEST BANKCERTDEPOS 638511GQR9 A-I+ 4,500,000 5.880 1/20/2000 10/18/1999 4,497,132.87 6.10 75,705.00 4,499,420 49 4,500,13500 BANK OF AMERICA CERT DEPOS 06050EAW5 A-1 10,000.000 5 810 1/21/2000 8/12/1999 10,000,000.00 581 229,172.22 10,000,00000 9.999,710 00 NATIONAL BANK OF CANADA(NY)CERT 63306VJNI A-I 15,000,000 6.090 1/31/2000 10/22/1999 15,000,413 78 6.08 180,162 50 15,000,122 85 15,003,750.00 BANQ PARIBAS(NY)CERT DEPOS 06o74ELU3 A-1 15,000,000 6 000 2/8/2000 1 I/8/1999 15,000,377 55 5.99 135,000 00 15,000,156 00 15,003,270.00 - BANK OFAMERICA CERT DEPOS 06050ECE3 A-I 10,000,000 6.000 2/15/2000 10/14/1999 10,000,000.00 6.00 131,666.67 10,000.000 00 10,002,040.00 ABN AMRO(CHICAGO)CERT DEPOS 00u77XWG6 A-1+ 25,000,000 5 100 2/22/2000 2/22/1999 24,992,771.79 5.13 1,108,541.67 24,998,970 25 24,965,800 00 BANK OF AMERICA CERT DEPOS 06050EI3V6 A-I 15,000,000 6.000 2/22/2000 10/6/1999 15,000,000 00 6.00 217,500 00 15,000,000.00 15,002,970.00 BANK OF BOSTON CERT DEPOS 06605QEY0 A-1 15,000,000 5.920 2/22/2000 9/22/1999 15,000,000.00 5.92 249,133.33 15,000,000 00 15,000,960.00 MORGAN GUARANTY CERTDEPOS 61736FSE0 A-1+ 20,000.000 6.100 2/22/2000 10/21/1999 20,000,000.00 6.10 244,000.00 20.000.000.00 20,007,28000 BANK OF BOSTON CERT DEPOS RE0056573 A-1 15,000,000 5.920 3/3/2000 9/3/1999 15,000,000.00 5.92 296,000.00 15,000,000 00 14,999,955.00 - BANK OF AMERICA CERT DEPOS 06050E13 W4 A-1 10,000,000 5.970 3/20/2000 10/6/1999 10,000,000 00 5.97 144,275.00 10.000,000.00 10,000,510.00 MORGAN GUARANTY CERT DEPOS 61736FSS9 A-I+ 10,000,000 6.080 3/22/2000 10/21/1999 10,000,000.00 6.08 121,600 00 10,000,000 00 10,003.140.00 NATIONAL BANK OF CANADA(NY) CERT 63306VJS0 A-I 15,000,000 5.875 4/7/2000 11/10/1999 15,000,606.12 5.87 127,291.67 15,000,394 65 14,996,505.00 BANK ONE CORP CERT DEPOS 06422XCM4 A-I 25,000,000 6.000 4/17/2000 10/21/1999 25,001,207.10 5.99 300,00000 25,000,721.50 24,999,900.0( FLEET BANK NA CERT DEPOS 3390H6FC9 A-1 25.000,000 6 050 4/24/2000 10/27/1999 25,000,000 00 6.05 277,291.67 25,000.000.00 25,003,200 00 MORGAN GUARANTY CERT DEPOS 61736FSP5 A-1+ 15.000,000 6.070 4/24/2000 10/21/1999 15.000,000.00 6.07 182.10000 15,000,000.00 15,002,56500 TORONTO DOMINION CERT DEPOS PP4Q0CU19 A-I+ 15,000,000 5 130 4/28/2000 4/29/1999 14,991.331 16 5.19 527,962.50 14,997,197 40 14,949,900.00 ABN AAfRO CERT DEPOS 00077XB38 A-1+ 15.000.000 5.940 5/1/2000 12/1/1999 15,000,617.85 593 76,725.00 15,000,491 85 14.997,675 00 BANK OF AMERICA CORP CERT DEPOS 06050EFD2 A-I 10,000,000 6.000 5/11/2000 12/16/1999 10,000,000 00 6.00 26,666.67 10.000.000.00 10,000,330.00 1ST UNION NATL CERT DEPOS 33738T1 HO A-I 18,500,000 5.850 5/22/2000 12/17/1999 18,474.669.21 6.06 387,806 25 18,477,089 41 18,480,538 00 ABN AMRO CERT DEPOS 00077X920 A-1+ 10,000,000 5 940 6/1/2000 12/1/1999 10,000,493.46 5.93 51.150 00 10,000,409 90 9,995,660.00 RABOBANK(NY)CERT DEPOS 74977DJD8 A-I+ 20,000.000 5.640 7/20/2000 7/20/1999 19,990.389.30 5.69 517,000.00 19,994,722.00 19,930,960.00 BANK OF AMERICA CERT DEPOS 06050EAX3 A-1 10,000,000 5.970 8/10/2000 8/12/1999 10,000,00000 5.97 235,483.33 10.000,000 00 9,979.33000 458,000,000 457,949,512.69 5 92 7,535,705 71 457,969.982 OS 457,837,458 00 COMMERCIAL PAPER Detail of Securities Held: 76990800 SAN BERNARDINO COUNTY MONTH ENDED: December 31, 1999 (Excluding Cash/MoneyFund) • SECURITY TYPE S&P MATURITY PURCHASE ORIGINAL YTM ACCRUED AMORTIZED MARKET DESCRIPTION CUSIP RATING PAR COUPON DATE DATE COST AT COST INTEREST COST VALUE FORD MOTOR CREDIT COMM I'AI'ER 34539TA70 A-I 12.500,000 1/7/2000 12/14/1999 12,447,666 67 6 31 0 00 12.486.916 62 12,486,32500 BEAR STEARNS CO INC COMM PAPER 07389AAK9 A-I 10,000.000 1/19/2000 8/2/1999 9,736,027.78 5.74 0.00 9,972,050.00 9,970,370.00 BEAR STEARNS CO INC COMM PAPER 07389AAT0 A-I 10.000.000 1/27/2000 9/9/1999 9,772,888.89 5.98 0 00 9,957,822.20 9.957,950 00 BANK OF AMER/CA CORP COMM PAPER 0660P0B36 A-1 15,000,000 2/3/2000 I I/4/1999 14,776,291.67 5.99 0 00 14,918,875.05 14,920,650 00 GENERAL ELECTRIC CAPITAL CORP COMM 36959HB48 A-I+ 10,000,000 2/4/2000 11/3/1999 9,845,775.00 6.06 0 00 9,943,616.70 9,945,540 00 GMAC COMM PAPER 37042DBA0 A-I 5,000.000 2/10/2000 11/16/1999 4,930,244.44 592 0.00 4,967,555.55 4,968,11000 GMAC COMM PAPER 37042DBE2 A-I 10,000.000 2/14/2000 11/16/1999 9,854,000.00 5.93 000 9,928.622.20 9,930,01000• GOLDMANSACHSGROUP.LTCOMM 38142TBH7 A-1+ 10,000,000 2/17/2000 10/20/1999 9,800,666.67 6.10 000 9.921.92780 9,925,350.00 GENERAL ELECTRIC CAPITAL CORP COMM 36959HBQ9 A-I+ 5,000,000 2/24/2000 11/4/1999 4,908,533 33 5.99 0 00 4,955,900 00 4,957,240 00 CENTRIC CAPITAL CORP COMM PAPER 1563X0BV0 A-I+ 5,000,000 2/29/2000 12/3/1999 4,927,522.22 602 0.00 4,951,406.95 4,953.360.00 NIKE INC COMM PAPER 6541D2C30 A-I 10,000.000 3/3/2000 11/10/1999 9,816,333.33 5.91 000 9,900.111.10 9,901,990.00 GENERAL ELECTRIC CAPITAL CORP COMM 36959HC70 A-I+ 10,000,000 3/7/2000 11/3/1999 9,794,444.45 6 04 0 00 9.891,466.70 9,895,640.00 GENERAL ELECTRIC CAPITAL CORP COMM 36959HC96 A-1+ 10,000,000 3/9/2000 11/2/1999 9389,511 II 6 05 0.00 9,888,177.80 9,892,460.00 GENERAL ELECTRIC CAPITAL CORP COMM 36959HCA3 A-I+ 5,000,000 3/10/2000 11/8/1999 4,900,575.00 5.94 0 00 4,944,225 00 4,945,435.00 GOLDMAN SACHS GROUP,LP COMM 38142TCF0 A-I+ 12,500,000 3/15/2000 10/27/1999 12,211,250 00 6.08 0.00 12.347.375 00 12,353,62500 . GOLDMAN SACHS GROUP.LP COMM 381421CG8 A-1+ 10.000,000 3/16/2000 10/20/1999 9,756,211.11 6.08 0.00 9,876,458 30 9,881,300.00 GOLDMAN SACHS GROUP,LP COMM 38142TCP8 A-1+ 12,500.000 3/23/2000 10/27/1999 12,194,750.00 609 0.00 12,330,875 00 12,337,62500 . GENERAL ELECTRIC CAPITAL CORP COMM 369591ICT2 A-1+ 10,000,000 3/27/2000 11/8/1999 9,776,000.00 5 89 0.00 9.862,400.00 9,863,680 00 . LUCENT TECHNOLOGIES COMM PAPER 54946JCV2 A-1 15,000,000 3/29/2000 11/16/1999 14,680,07500 585 0.00 14,789,89995 14,790.690.00 GENERAL ELECTRIC CAPITAL CORP COMM 3695914CW5 A-I+ 10,000,000 3/30/2000 I I/8/1999 9,771,200.00 5.89 0.00 9,857,600 00 9,858.850.00 GENERAL ELECTRIC CAPITAL CORP COMM 36959HD38 A-1+ 10,000,000 4/3/2000 11/10/1999 9,769.208 33 5.87 0.00 9,851,975 00 9.852,500 00 GENERAL ELECTRIC CAPITAL CORP COMM 36959HDC8 A-I+ 10,000.000 4/12/2000 11/16/1999 9,761,966.67 5.93 000 9,835.950 00 9,838,310.00 BANK OF AMERICA CORP COMM PAPER OE'OPODRI A-I 10,000,000 4/25/2000 12/16/1999 9,783,486.11 6.08 000 9,809,930 60 9,817,79000• BEAR STEARNS CO INC.COMM PAPER 07389ACT8 A-I 5,000,000 4/27/2000 12/1/1999 4,880,366.67 5.96 0.00 4,905,42500 4,907,315.00 BEAR STEARNS CO INC.COMM PAPER 07389AE41 A-I 5,000,000 5/4/2000 12/1/1999 4,874,708.33 5.97 0.00 4,899.766 65 4,901,785.00 GENERAL ELECTRIC CAPITAL CORP COMM 36959HE45 A-1+ 15,000,000 5/4/2000 11/9/1999 14,578,887.50 5.87 000 14,704,983.30 14,705,355.00 252,500.000 247,338,590.28 5.99 0 00 249.701.3/2 47 249,759,255 00 FED AGY BOND/N01 E Fl/LB NOTES 3I33M3F83 AAA 3,500,000 5.590 3/27/2000 3/19/1999 3,514,070 00 5 18 51,086 39 3,503,344 46 3,494,531 25 FHLB NOTES 3133M73M6 AAA 6,500,000 S.015 4/3/2000 1/8/1999 6,505,390.29 4 94 905.49 6,501,067.43 6,481,718.75 FHLB NOTES 3I33M4P56 AAA 11.450.000 5.705 6/12/2000 12/23/1998 11,566,446.50 4.98 34,475.63 11,486,356.95 11.424.953.12 FNMA NOTES(CALLABLE) 31364FW80 AAA 10,000.000 5.750 7/7/2000 3/17/1999 10,017,968 75 5.60 277,916 67 10,000,000 00 9,977,270 00 FNMA NOTES 31364F2M2 AAA 9,325,000 5.560 7/24/2000 3/24/1999 9.372,930.50 5 IS 226,110.53 9,345,953.64 9,290.37627 • Detail of Securities Held: 76990800 SANBERNARDINO COUNTY MONTH ENDED: December 31, 1999 (Ncluding Cash/MoneyFund) SECURITY TYPE S&P MATURITY PURCHASE ORIGINAL YTM ACCRUED AMORTIZED MARKET 1 DESCRIPTION • CUSIP RATING PAR COUPON DATE DATE COST AT COST INTEREST COST VALUE FNMA NOTES 31364G4N6 AAA 10.000,000 5 620 8/9/2000 8/9/1999 9,984,200.00 5.78 221,677 78 9,990.345 40 9,961,690 00 FNMA NOTES 31364F4V0 AAA 15,000,000 5.490 8/18/2000 4/29/1999 15,067,800.00 5.12 304,237 50 15,033,915.45 14,927,055.00 FNMA NOTES 31364F5Y3 AAA 10.000.000 5 440 9/1/2000 11/20/1998 10,080,870 00 4.96 181.333 33 10,031,356 70 9,943.850.00 FHLB NOTES 3133916L3 AAA 10,910,000 6.165 9/18/2000 12/23/1998 11,119,799.30 4.99 192,43876 10,998,696.55 10,896,362.50 FFCB NOTES 31331 R6R1 AAA 25,000,000 5.550 9/28/2000 7/1/1999 24,993,500.00 5.55 693,750.00 24,995.688.00 24,849,300.00 FFCB NOTES 31331R6RI AAA 50.000,000 5.550 9/28/2000 7/1/1999 49,987,000.00 5.55 1,387,500.00 49,991.37600 49,698,600.00 F/(LMC NOTES 3134A3UC8 AAA 25.000,000 5.545 9/28/2000 7/1/1999 24,997,00000 5.55 358,114.58 24,999.62925 24,859,37500 FHLMC NOTES 3134A3UC8 AAA 50,000,000 5.545 9/28/2000 7/1/1999 49,994,000.00 5.55 716,229.17 49,999,258.50 49,718,750.00 F/ILB NOTES(CALLABLE) 3133M5QQ6 AAA 10,000,000 5.310 9/29/2000 9/29/1998 10,000,000.00 5.31 135,700.00 10,000,000 00 9.925,000 00 FNMA MTN 31364GCS6 AAA 9,500,000 4.450 10/16/2000 4/29/1999 9.402.031 25 5.19 88,072.92 9,446,309.13 9,362,307.00 FNMA NOTES 31364GHX0 AAA 17,000,000 4.840 11/27/2000 12/16/1998 16,989,709.90 4.87 77,708.89 16,995,392.32 16.773,458.00 FNMA NOTES 31364GKS7 AAA 40,000,000 4.720 12/11/2000 12/11/1998 39,842,000.00 4.93 104,888 89 39,923,520.00 39,400,560 00 FNMA NOTES 31364FKE0 AAA 6,500,000 5.900 12/19/2000 2/5/1999 6,593,600.00 5.08 12,783.33 6,549.647 00 6,470,295.00 FHLB NOTES 3133M6ZU5 AAA 20,000,000 4.885 12/28/2000 12/28/1998 19,994,800.00 4.90 8,141.67 19,997,36200 19,712,500.00 _ FNMA NOTES(CALLABLE) 3I364GSZ3 AAA 3,000,000 5.150 2/9/2001 4/19/1999 2,986,875.00 5.40 60,941.67 2,991.973.89 2,960,199.00 FHLMC DEBENTURES(CALLABLE) 3134A3BB1 AAA 20,000,000 5.375 3/1/2001 3/29/1999 19,975,000.00 544 358,33333 19,985,33340 19,750,000.00 FMB GLOBAL NOTES 3133M7XP6 AAA 10,000,000 5.375 3/2/2001 12/30/1999 9,887,100.00 6.38 177,673.61 9,887,372 40 9,881,250.00 ' Fl/LB GLOBAL BONDS 3133M3D28 AAA 5,700,000 5.625 3/19/2001 12/30/1999 5,649,555.00 6 38 90,843.75 5,649,672.8I 5,648,343,75 FNMA NOTES 31364CBM9 AAA 14,000,000 6.450 4/23/2001 4/22/1999 14,325,640.00 J21 170.566 67 14,216,733.44 13,998.306 00 FIILB NOTES 3I33M8M84 AAA 11,000,000 5.195 4/27/2001 4/27/1999 10,988,654.21 5.25 101,591 II 10,992,373.37 10,821,25000 FIILB NOTES 3133M45U3 AAA 4,605,000 5.750 4/30/2001 12/30/1999 4,567,146.90 6.39 44,866.77 4,567,226.19 4,560,38906 Fl/LB NOTES 3133M8T6I AAA 5,000,000 5.385 5/17/2001 5/17/1999 4,987,650.00 5.52 32,908.33 4,991,358.10 4,926,562.50111 I NMA NOTES 31364C11N 1 AAA 28,425,000 6.670 8/1/2001 10/15/1998 29.789,400.00 4.81 789,978.13 29.221,425 86 28,496,261 47 !MIA NOTES(CALLABLE) 31364F4X6 AAA 10,000,000 5.780 8/20/2001 10/22/1998 10.062,000.00 5.54 210,327.78 10,000,000 00 9,881,160.00 1•111-8 NOTES 3133M5H45 AAA 4,500,000 5.575 8/28/200I 10/15/1998 4,594,921 88 4.7,8 85,715 63 4,556,547 81 4,431,093.75 FNMA NOTLS(CALLABLE) 31364GAP4 AAA 10,000,000 5.450 9/24/2001 9/25/1998 10,000,000.00 5 45 146,847.22 10,000,000.00 9,824,200 00 FNMA NOTES(CALLABLE) 31364GAP4 AAA 10,000,000 5.450 9/24/2001 9/25/1998 10,000,000.00 5.45 146,847 22 10,000,000 00 9,824.200 00 FNMA NOTES(CALLABLE) 31364GAP4 AAA 10,000,000 5.450 9/24/2001 9/25/1998 10.000,000.00 5 45 146,847 22 10,000,000.00 9,824,200.00 F//LB NOTLS 3133M5XY I AAA 17,500,000 4.630 10/9/2001 10/15/1998 17,428,600.00 4.78 184.556 94 17,456,505 32 16,942,187.50 FNMA NOTES(CALLABLE) 31364GE47 AAA 12,000,000 5.500 10/12/2001 4/19/1999 11,985,000.00 5.55 144,833.33 11,989,166.52 11,791,032.00 F//LB NOTES(CALLABLE) 3133M5XE5 AAA 20,000,000 5.140 10/22/2001 10/22/1998 20.000,000.00 5.14 197,03333 20,000,000.00 19,512,50000 FHLB NOTES(CALLABLE) 3133M5YQ7 AAA 20,000,000 5.280 10126/2001 10/26/1998 20,000,000.00 5.28 190,666.67 20,000,000 00 19,556,250 00 FIILB TAPS NOTES 3133MABE8 AAA 10,000,000 6.000 11/15/2001 12/16/1999 9,924,800.00 6 42 76,666.67 9,926,414 80 9,900,000 00 • ..,,�<_,.. , INC. Detail of Securities Held: 76990800 SAN BERNARDINO COUNTY MONTH ENDED: Dcccmbcr 31, 1999 (Excluding Cash/MoneyFund) SECURITY TYPE S&P MATURITY PURCHASE ORIGINAL YTM ACCRUED AMORTIZED MARKET DESCRIPTION CUSIP RATING PAR COUPON DATE DATE COST AT COST INTEREST COST VALUE FHLB NOTES • 3133M6PF9 AAA 10.000,000 4.955 11/20/2001 11/20/1998 9,996,875.00 4 97 56,431.94 9,997,986 20 9,715,625 00 FHLB NOTES 3133M6PF9 AAA 10,000,000 4.955 11/20/2001 12/24/1998 9,968,700.00 5.07 56,431 94 9,979,491 30 9,715,625.00 FIILB GLOBAL NOTES 3 I33M7DR4 AAA 20,000,000 4.875 1/22/2002 10/7/1999 19,412,366 00 6.27 430,625.00 19,469,865 20 19,350,000 00 FIILB NOTES 3133M7K88 AAA 9,700,000 5.015 2/11/2002 4/21/1999 9,628,026.00 5.30 189,176.94 9,645,476.30 9,402,937.50 FHLB NOTES 3133M7LY0 AAA 5,500,000 5.070 2/I12002 12/16/1999 5,343,745.00 6.50 108,441.67 5,346,699.98 5,336,71875 FHLB NOTES 3133M7TT3 AAA 5,000,000 5.240 2/25/2002 5/3/1999 4.977,650.00 5.4I 91,700.00 4,982,93750 4,865,625.00 0 ' FHLB NOTES 3133M84A9 AAA 5,000,000 5.505 3/15/2002 5/3/1999 5,012,050 00 5.4I 81,045.83 5,009.706.00 4,889,062.50 FNMA NOTES 31164CZY7 AAA 10,000,000 6.670 3/27/2002 11/19/1998 10,496,900.00 5.04 174,161 II 10,341,020.00 10,014,250.00 FNMA NOTES 31364CG93 AAA 8,362,000 6.820 4/29/2002 11/12/1998 8,830,272.00 5.04 98,216.34 8,685,463.31 8,399,42831 FFCB DESIGNATED BONDS 3 133 I HWTO AAA 5,000,000 5.250 5/12002 12/3/1999 4,871,550 00 6.4I 43,750.00 4,875,484.20 4,854,687.50 FHLMC REFERENCE NOTES 3134A3RE8 AAA 10,000,000 5.500 5/15/2002 12/3/1999 9,794,84566 6.42 70,277.78 9,801,009 90 9,753.125.00 FIILMC REFERENCE NOTES 3134A3RE8 AAA 10,000,000 5.500 5/15/2002 12/29/1999 9,762,60000 6.59 70,277.78 9,763,129.60 9,753,125.00 Fl/LB NOTES 3133M8S1J9 AAA 10,000,000 5.435 5/17/2002 12/29/1999 9,743,560.24 6.61 66,427.78 9,744,129.50 9,743,750.00 FHLB TAP NOTES 3133M9FE7 AAA 25,000,000 6.000 8/15/2002 10/20/1999 24,719,017.83 643 691,66667 24,740,044.50 24,617,187.50 FNMA NOTES(CALLABLE) 31364FAR2 AAA 9,465,000 6.540 9/18/2002 10/16/1998 9,717,999.45 5.77 177,105.93 9,561.79571 9,374,372.62 - FNMA NOTES 3135866A2 AAA 18,000,000 6.800 1/10/2003 10/28/1998 19,316,880.00 4.85 581,400.00 18,975,978 00 18,050,625.00 FNMA NOTES(CALLABLE) 31364FY54 AAA 10,900,000 6 010 7/172003 10/22/1998 11,074,570.31 5 62 298,429 89 10,956,666 48 10,600.566.10 Fl/LB NOTES(CALLABLE) 3I33M5HN3 AAA 10,000,000 5.910 9/82003 1023/1998 10,150,000 00 5.55 185,508.33 10,056,663.60 9,662,500.00 I FIILMCNOTES(CALLABLE) 3134A2RW0 AAA 10.000,000 5.750 9/18/2003 9/18/1998 10,000,00000 5.75 164,51389 10,000,00000 9.615.62500 FIILMCNOTES(CALLABLE) 3134A2RW0 AAA 10,000,000 5.750 9/18/2003 9/18/1998 10,000,000.00 575 164,513.89 10,000.000 00 9,615,62500 FFCB NOTES(CALLABLE) 31331RB46 AAA 10,000,000 5.750 9/29/2003 9/29/1998 10,000,000.00 5.75 146,944 44 10,000,000 00 9.633,960 00 FFCB NOTES(CALLABLE) 3133181346 AAA 10,000,000 5.750 9/29/2003 9/29/1998 10,000,000.00 5.75 146,944 44 10,000,000.00 9,633,960.00 gik FNMA NOTES(CALLABLE) 31364GDN6 AAA 6,700,000 5.530 10/22/2003 11/10/1999 6,444,998.00 6.64 71,014.42 6,453,209.31 6,403,404.40 FHLMCNOTES(CALLABLE) 3I34A2ZQ4 AAA 10,000,000 5.580 12/102003 11/10/1999 9,618,700.00 6.66 32,550 00 9,630,978 70 9,534,375.00 FHLB NOTES(CALLABLE) 3133M5VY3 AAA 6,550,000 5.635 4/19/2004 11/10/1999 6,287,345.00 6.69 73,818.50 6,294,75501 6,224,546.87 820,592.000 822,344,109 97 5 48 12,702,491 42 820.533,8/2 99 808,458,043 97 MONEY MARKET FEDERATED PRIME OBLIGATION MUTUAL 60934N203 AAA 96,100,000 12/21/1999 96,100,000.00 0.00 0.00 96,100,000 00 96,100,000 00 FEDERATED PRIME OBLIGATION MUTUAL 60934N203 AAA 25,000,000 12/28/1999 25,000,000.00 0.00 0.00 25,000,000.00 25,000,000.00 FEDERATED PRIME OBLIGATION MUTUAL 60934N203 AAA 47,000,000 1229/1999 47,000,000.00 0.00 0.00 47,000,00000 47,000,000.00 FEDERATED PRIME OBLIGATION MUTUAL 60934N203 AAA 21,800,000 12/27/1999 21,800,000.00 0.00 000 21,800,000.00 21,800,000.00 FEDERATED PRIME OBLIGATION MUTUAL 60934N203 AAA 8,000,000 12/10/1999 8,000.000.00 0.00 0.00 8.000,000 00 8,000,000.00 197,900,000 197,900,000.00 0.00 0.00 197.900.00000 /97.900,00000 US TSY BOND/NOTE I I : A u : A : u A INC. Detail of Securities Held: 76990800 SAN BERNARDINO COUNTY MONTH ENDED: December 31, 1999 (Excluding Cash/MoncyFund) SECURITY TYPE S&P MATURITY PURCHASE ORIGINAL YTM ACCRUED AMORTIZED MARKET DESCRIPTION CUSIP RATING PAR COUPON DATE DATE c COST AT COST INTEREST COST VALUE US TREASURY NOTES 9128272P6 AAA 10,000,000 6.625 3/31/2002 5/20/1999 10,292,187.50 5.50 168,340.16 10,233,509.20 10,081,25000 10,000,000 10,292,187.50 5.50 168,340 16 /0.233.50920 /0,08/.25000 TOTAL SECURITIES 1,738,992,000 '1,735,824,400.44 5.04 % 20,406,537.29 1,736,338,616.71 1,724,036,006.97 • • • STATE OF CALIFORNIA PHILIP ANGELIDES, Treasurer OFFICE OF THE TREASUREFW w .�., SACRAMENTO ��? Local Agency Investment Fund PO Box 942809 Sacramento, CA 94209-0001 (916) 653-3001 December, 1999 Statement CITY OF CHINO HILLS Account Number : 98-36-151 Attn: FINANCE DIRECTOR 2001 GRAND AVENUE CHINO HILLS CA 91709 Account Summary Total Deposit : 0.00 Beginning Balance : 19,711,367.74 Total Withdrawal : 0.00 Ending Balance : 19,711,367.74 cp )4f. Page : 1 of 1 • • State of California Pooled Money Investment Account Market Valuation 12/31/99 `' Carrying Cost Plus:, = Description - ,."'. ,-Accrued Interest Purch. Amortized Cost Fair Value Accrued.Interest , United States Treasury: Bills $ 1,389,526,715.72 $ 1,422,135,902 13 $ 1,420,350,830.48 NA Notes $ 2,347,392,850.95 $ 2,347,392,850.95 $ 2,330,850,750.00 $ 25,809,452.75 Federal Agency: Bonds $ 2,821,859,587.83 $ 2,821,591,182.95 $ 2,803,044,984.20 $ 33,453,016.41 Floaters $ 100,000,000.00 $ 100,000,000.00 $ 100,000,000.00 $ 912,465.00 MBS $ 449,497,198.39 $ 449,497,198.39 $ 427,355,487.74 $ 2,435,877.67 GNMA $ 1,497,373.43 $ 1,497,373.43 $ 1,666,825.70 $ 14,749.71 SBA $ 255,168,104.73 $ 255,168,104.73 $ 254,839,239.37 $ 2,259,106.00 FHLMC PC $ 14,589,871.70 $ 14,589,871.70 $ 15,361,745.24 $ 234,209.98 Discount Notes $ 4,441,225,663.92 $ 4,533,752,293 58 $ 4,531,237,376.08 NA Bankers Acceptances $ - $ - $ - NA Corporate: Bonds $ 1,021,775,497.48 $ 1,020,810,162.61 $ 1,011,097,212.75 $ 18,610,634.19 Floaters $ 1,346,977,889.08 $ 1,346,859,144.35 $ 1,350,134,563.00 $ 9,044,801.77 CDs $ 4,508,233,842.08 $ 4,505,607,046.23 $ 4,498,047,209.22 $ 82,307,645.27 Bank Notes $ 1,913,161,212.40 $ 1,912,992,584.80 $ 1,910,657,120.27 $ 37,759,116.66 Repurchase Agreements $ - $ - $ - NA Time Deposits $ 2,799,895,000.00 $ 2,799,895,000.00 $ 2,799,895,000.00 NA AB 55&GF Loans $ 2,333,498,378.10 $ 2,333,498,378.10 $ 2,333,498,378.10 NA Commercial Paper $ 8,770,108,843.47 $ 8,836,109,419.44 $ 8,840,416,606.54 NA Reverse Repurchase $ (466,810,844.64) $ (466,810,844.64) $ (466,810,844.64) $ (1,435,466.89) TOTAL $ 34,047,597,184.64 $ 34,234,585,668.75 $ 34,161,642,484.05 $ 211,405,608.52 Fair Value Including Accrued Interest $ 34,373,048,092.57 Repurchase Agreements, Time Deposits, AB 55 & General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value (carrying cost). The value of each participating dollar equals the fair value divided by the amortized cost (.997869313). As an example: if an agency has an account balance of$20,000,000.00, then the agency would report its participation in the LAIF valued at $19,957,386.26 or $20,000,000.00 x .997869313.