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03-14-2000 CC Rpt A04 _ t/Afla;MA--- • • v.G/x�,,,�./�X�.Z/ COUNCIL AGENDA STAFF REPORT CITY CLE USE ON A� "� ECE/VED , ,.. Meeting Date: March 14,2000 • Public Hearing: 0 •00 N -•6 /19 :13 -:Y;4 Discussion Item: ,❑_/ parlOMmu+oxws Consent Item: lJ (. FFI ^F C')j` E _ t"/'>i �"J r' e, t I ' L MARCH 7, 2000 !► L.S TO: HONORABLE MAYOR AND CITY COUNCIL MEMBERS • FROM: CITY MANAGER • SUBJECT: TREASURER'S REPORT FOR JANUARY 2000 RECOMMENDATION: It is recommended that the City Council: 1. Approve the Treasurer's Report for January 2000; 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 January 2000 may be seen in Exhibit A (attached). The amount of cash and investments for all funds amounts to $102,320,027.42. 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: MARCH 14, 2000 SUBJECT: TREASURER'S REPORT FOR JANUARY 2000 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 July 31,2000.The investments reported in the Treasurer's Report are in compliance with the City's Investment Policy. spectfully submitted, Recommended by: 1 Dougl s La Belle, City Manager Stan McCartney,Finance Director DLB:SCM:ssr Att. C•AGENDA\TRSTFR PTJ AN 00 • • EXHIBIT A CITY OF CHINO HILLS TREASURER'S REPORT January 2000 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) $ 33,093,870.93 $ (1) Los Angeles County Pooled Funds of Investments (LACPFI) 41,953,646.47 (4) (1) State of California Local Agency Investment Fund (LAIF) 18,882,954.97 (1) Total Investments 93,930,472.37 (2) Cash Bank of America -Checking 1,332,188.52 1,332,188.52 Bank of America - Payroll 10,000.00 10,000.00 Total Cash in Bank1,342,188.52 1,342,188.52 Petty Cash 3,350.00 3,350.00 Total Cash 1,345,538.52 1,345,538.52 Total Funds Held by City 95,276,010.89 (2) B. Funds Held by Fiscal Agents: U.S. Bank 5,868,393.71 (3) State Street Bank 1,387.85 (3) Harris Bank 1,174,234.97 (3) Total Funds Held by Fiscal Agents 7,044,016.53 (3) Total Funds Held by City and Fiscal Agents $ 102,320,027.42 (2) II. Estimated Composite Investment Earnings Rate: 5.52% (Estimated Investment Earnings Rate for SBCPFI :5.39%;&LAIF : 5.49%; Actual Investment Earnings Rate for LACPFI : 5.63%.) III. Cash Flow Transactions by Major Fund Types: Beginning Ending Cash Balance Cash Cash Cash Balance Fund 01/01/00 Receipts Disbursements 01/31/00 General Fund $ 12,250,531.16 $ 8,339,721.26 (5)$ (1,297,467.52) $ 19,292,784.90 Public Facility Fund 2,000,000.00 0.00 (2,000,000.00) (6) 0.00 Water Funds 11,638,027 83 1,930,400.41 (1,817,975.09) 11,750,453.15 Sewer Funds 8,001,649.77 469,670.65 (2,189,297.66)(6) 6,282,022.76 Lighting & Landscap. 11,526,594.91 310,768.28 (2,142,932.02)(6) 9,694,431.17 Development Funds 16,288,118.29 222,710.91 (2,023,811.53)(6) 14,487,017.67 Comm. Facilities Dist. 17,829,203.02 3,055,601.54 (2,645,449.41) 18,239,355.15 Assessment Districts 5,209,066.02 1,035,743.77 (696,983.46) 5,547,826.33 Miscellaneous Funds 18,319,772.04 1,792,101.31 (3,085,737.06) 17,026,136.29 Total $ 103,062,963.04 $ 17,156,718.13 $ (17,899,653.75) $ 102,320,027.42 • • • EXHIBIT A CITY OF CHINO HILLS TREASURER'S REPORT January 2000 Page 2 of 2 IV. Funds Held by Deferred Compensation Providers - Market Month Ending January 31, 2000 Value Aetna Life Insurance and Annuity Company (7) N/A ICMA 1,114,885.00 Total Funds Held by Deferred Compensation Providers $ 1,114,885.00 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. (5)This amount includes loans from the Public Facility Fund, Sewer Fund, Lighting & Landscape Fund, and Development Fund for$7,300,000.00 for the construction of Big League Dreams Sport Park. (6)This amount includes loans to the General Fund for the construction of Big League Dreams Sport Park. (7)The market valuation 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 July 31, 2000. "4,t4A-N-Z171/1-= ,6t .t2.4). Stan McCartney Finance Director/City Treasurer City of Chino Hills Treasurer's Report Worksheet General I Public Facility 11 Water Sewer Lighting& I Development Comm Facilities Assessment Miscellaneous Fund I Fund I Funds Funds Landscape Funds Distnct Districts Funds Total Funds Held by City: Beginning Book Balance(4701/01/00 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 96,830,502 04 Cash Receipts 8,339,721 26 0 00 1,929,193 32 469,670 65 310,768 28 222,710 91 2,988,933 53 141,621 51 1,786,116 47 16,188,735 93 Cash Disbursements (1,297,467 52) (2,000,000 00) (1,817,975 09) (2,189,297 66) (2,142,932 02) (2,023,811 53) (2,645,449 41) (696,983 46) I (2,623,068 84) (17,436,985 53) Journal Entnes For Month (307,057 55) (307,057 55) Ending Book Balance©01/31/00 19,292,784 90 0 00 11,749,255 33 6,282,022 76 9,694,431 17 14,487,017 67 I 15,274,300 51 1,476,210 45 17,019,172 10 95,275,194 89 Reconciling Transactions 816 00 816 00 Ending Bank Balance Funds Held by City 19,292,784 90 0 00 11,749,255 33 I 6,282,022 76 9,694,431 17 I I 14,487,017 67 I 15,274,300 51 I 1,476,210 45 I 17,019,988 10 I 95,276 I 1 I Funds Held by Fiscal Agent: Beginning Book Balance©01/01/00 (9 27) 2,898,386 63 3,177,493 62 156,590 02 6,232,461 00 Cash Receipts 1,207 09 66,668 01 894,122 26 77 98 962,075 34 Cash Disbursements 0 00 Journal Entnes For Month (155,610 67) (155,610 67) Ending Book Balance©01/31/00 0 00 0 00 1,197 82 0 00 I 0 00 0 00 2,965,054 64 4,071,615 88 1,057 33 I 7,038,925 67 Reconciling Transactions 5,090 86 5,090 86 Ending Bank Balance Funds Held by F/A 0 00 0 00 I 1,197 82 I 0 00 I 0 00 I 0 00 2,965,054 64 I 4,071,615 88 11 6,148 19 I 7,044,016 53 I I Summary of Cash Balances Beginning Cash Balance I 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 96,830,502 04 Funds Held by Fiscal Agent (9 27) 2,898,386 63 3,177,493 62 156,590 02 6,232 0 Total Beginning Cash Balance 12,250,531 16 I 2,000,000 00 11,638,027 83 8,001,649 77 I 11,526,594 91 16,288,118 29 17,829,203 02 5,209,066 02 18,319,772 04 103,062 4 Ending Cash Balance I I Funds Held by City 19,292,784 90 0 00 11,749,255 33 I 6,282,022 76 9,694,431 17 14,487,017 67 15,274,300 51 1,476,210 45 17,019,988 10 95,276,010 89 Funds Held by Fiscal Agent 1,197 82 I 2,965,054 64 4,071,615 88 6,148 19 7,044,016 53 Total Ending Cash Balance I 19,292,784 90 I 0 00 I I 11,750,453 15 I 6,282,022 76 I 9,694,431 17 I 14,487,017 67 I 18,239,355 15 5,547,826 33 I I 17,026,136 29 I I 102,320,027 42 • • i 1d ► 1/ : 1 . ll 1 INC. • Detail of Securities Held: 76990800 SAN BERNARDINO COUNTY MONTH ENDED: January 31, 2000 (Eacludmg 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 BANQ PARIBAS(NY)CERT DEPOS 06674ELU3 A-I 15,000,000 6.000 2/8/2000 11/8/1999 15,000,377 55 5 99 212,500.00 15,000,028 80 15,000,390.00 BANK OF AMERICA CERT DEPOS 06050ECE3 A-1 10,000,000 6.000 2/15(2000 10/14/1999 10,000,000.00 6.00 183,333.33 10,000.000.00 10,000,390.00 ABN AMRO(CHICAGO)CERT DEPOS 00077XWG6 A-1+ 25,000,000 5.100 2/22/2000 2/22/1999 24,992,771 79 5.13 1,218,333.33 24,999,584.25 24,985,050.00 BANK OF AMERICA CERT DEPOS 06050EBV6 A-I 15,000,000 6 000 2/22/2000 10/6/1999 15,000,000.00 6.00 295,000.00 15,000,000.00 15,000,795.00 BANK OF BOSTON CERT DEPOS 06605QEY0 A-I 15,000,000 5.920 2/22/2000 9/22/1999 15,000,000 00 5.92 325,600.00 15,000,000.00 14,999,955 00 MORGAN GUARANTYCERTDEPOS 61736FSE0 A-I+ 20,000,000 6.100 2/22/2000 10/21/1999 20.000,000.00 610 349,055.56 20,000,000.00 20,002,440k BANK OF BOSTON CERT DEPOS RE0056573 A-I 15,000,000 5.920 3/3/2000 9/3/1999 15,000,000.00 5.92 372,466.67 15,000,000.00 14,999,700.00 BANK OF AMERICA CERT DEPOS 06050EBW4 A-1 10,000,000 5.970 3/20/2000 10/6/1999 10,000,000.00 5.97 195,683 33 10,000,000.00 10,000,120.00 MORGAN GUARANTYCERTDEPOS 6I736FSS9 A-I+ 10,000,000 6080 3/22/2000 10/21/1999 10,000,000.00 6.08 173,95556 10.000,000.00 10,001,770.00 NATIONAL BANK OF CANADA(NY) CERT 63306V1S0 A-I 15,000,000 5 875 4/7/2000 11/10/1999 15,000,606 12 5.87 203.177 08 15,000,268 50 14,996,985.00 BANK ONE CORP CERT DEPOS 06422XCM4 A-I 25,000,000 6 000 4/17/2000 10/21/1999 25,001,207.10 599 429,166.67 25,000,512.50 24,997,600 00 FLEET BANK NA CERT DEPOS 3390H6FC9 A-I 25,000,000 6 050 4/24/2000 10/27/1999 25,000,000.00 6.05 407,534 72 25,000.000.00 24,998,975.00 , . MORGAN GUARANTYCERTDEPOS 61736FSP5 A-1+ 15,000,000 6.070 4/24/2000 10/21/1999 15,000.000.00 6.07 260,504 17 15.000,000.00 14.999,850.00 TORONTO DOMINION CERT DEPOS PP4Q0CU19 A-1+ 15,000,000 5 130 4/28/2000 4/29/1999 14,991,331.16 5.19 594,225.00 14,997,933 75 14,960,475 00 ABNAMROCERTDEPOS 00077X838 A-I+ 15,000,000 5.940 5/1/2000 12/1/1999 15,000,617 85 5 93 153,450.00 15,000,365.85 14,995,545 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 78,333 33 10,000,000 00 9,998,290 00 1ST UNION NATL CERT DEPOS 33738TJH0 A-1 18,500,000 5.850 5/22/2000 12/17/1999 18,474,669.21 6 06 481,000 00 18,482,090.89 18,480,797 00 ' ABN AMROCERT DEPOS 00077XB20 A-1+ 10,000,000 5940 6/1/2000 12/1/1999 10,000,493.46 593 102,300.00 10,000.32630 9,994.310 00 SOCIETE GENERALE CERT DEPOS 83365UQ76 A-I+ 10,000,000 6.120 7/6/2000 1/14/2000 9,999,139 20 6 13 44,200.00 9,999,228.20 9,999,400.00 RABOBANK(NY)CERT DEPOS 74977DJD8 A-1+ 20,000,000 r 5.640 7/20/2000 7/20/1999 19,990,389.30 5 69 614,133 33 19,995,536.00 19,937,380 00 BANK OF AMERICA CERT DEPOS 06050EAX3 A-I 10,000,000 5.970 8/10/2000 8/12/1999 10,000,000.00 597 286,891 67 10,000,000.00 9,980,820.00 323,500,000 323,451,602.74 5 88 6,980.843.75 313.475.875.04 313.331.037.0 COMMERCIAL PAPER BANK OF AMERICA CORP COMM PAPER 0660P0B36 A-I 15.000,000 2/3/2000 11/4/1999 14,776,291 67 5.99 0 00 14,995,083.30 14,992,710 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 9,995,025.00 9,993.530 00 GMAC COMM PAPER 37042D13A0 A-I 5,000,000 2/10/2000 11/16/1999 4,930,244 44 5.92 0.00 4.992,700 00 4,991,915 00 GMAC COMM PAPER 370420BE2 A-I 10,000,000 2/14/2000 11/16/1999 9,854,000 00 5.93 0.00 9,978,911 10 9,977,380.00 GOLDMAN SACHS GROUP,LT COMM 38142TB117 A-1+ 10,000,000 2/17/2000 10/20/1999 9,800,666 67 6 10 0.00 9,973,422.20 9,972.550 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 4,981,216 65 4,980,640 00 CENTRIC CAPITAL CORP COMM PAPER I563X0BV0 A-I+ 5,000.000 2/29/2000 12/3/1999 4,927,522.22 6 02 0.00 4,976,938.90 4,976,630 00 NIKE INC COMM PAPER 6541D2C30 A-I 10,000,000 3/3/2000 1 I/10/1999 9,816,333.33 5 91 0.00 9,950,055 60 9,948,440 00 GENERAL ELECTRIC CAPITAL CORP COMM 36959HC70 A-I+ 10,000,000 3/7/2000 I I/3/1999 9,794,444.45 6 04 0.00 9,942.444 40 9,941,960.00 WIEZEINIIIIMMIM i M 1 : 1 : 1/ : 1 : 1/i1 • Detail of Securities Held: 76990800 SAN BERNARDINO COUNTY MONTH ENDED: January 31, 2000 (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 GENERAL ELECTRIC CAPITAL CORP COMM 36959HC96 A-I+ 10,000,000 3/9/2000 11/2/1999 9,789,511.11 6.05 0.00 9,939,155 60 9.938,710.00 GENERAL ELECTRIC CAPITAL CORP COMM 36959HCA3 A-I+ 5,000,000 3/10/2000 1 I/8/1999 4,900,575.00 5 94 0 00 4,969,283 35 4,968,540 00 GOLDMAN SACHS GROUP,LP COMM 38142TCFU A-I+ 12,500,000 3/15/2000 10/27/1999 12,211,250.00 6.08 0.00 12,411,31250 12,411,18750 GOLDMAN SACHS GROUP.LP COMM 38142TCG8 A-1+ 10,000,000 3/16/2000 10/20/1999 9,756,211.11 6.08 0.00 9,927,522.20 9,927,32000 GOLDMAN SACHS GROUP,LP COMM 38142TCPd A-1+ 12,500,000 3/23/2000 10/27/1999 12,194,750.00 6.09 0.00 12,394,812.50 12,394,875.00 GENERAL ELECTRIC CAPITAL CORP COMM 36959HC12 A-I+ 10,000,000 3/27/2000 I I/8/1999 9,776,000.00 5.89 0.00 9,912,000.00 9,909,360.00 LUCENT TECHNOLOGIES COMM PAPER 54946JCV2 A-1 15,000,000 3/29/2000 11/16/1999 14,680,07500 5.85 000 14,863,91250 14,859,120.0 GENERAL ELECTRIC CAPITAL CORP COMM 36959HCW5 A-I+ 10,000,000 3/30/2000 11/8/1999 9,771,200.00 5.89 0.00 9,907,200.00 9,904,450 GENERAL ELECTRIC CAPITAL CORP COMM 36959HD38 A-I+ 10,000,000 4/3/2000 11/10/1999 9,769,208 33 5.87 0.00 9,901,316.70 9,897,840.00 GENERAL ELECTRIC CAPITAL CORP COMM 36959HDC8 A-I+ 10,000,000 4/12/2000 11/16/1999 9,761,966.67 5 93 0 00 9,885,808.30 9,882,840 00 BANK OF AMERICA CORP COMM PAPER 0660PODRI A-1 10,000,000 4/25/2000 12/16/1999 9,783,486 II -6 08 0.00 9,861,166 70 9,861,010 00 BEAR STEARNS CO.INC COMM PAPER 07389AC 18 A-I 5,000,000 4/27/2000 12/1/1999 4,880,366 67 5 96 0.00 4,930,483.35 4,928,815 00 BEAR STEARNS CO INC COMM PAPER 07389AE4 I A-I 5,000,000 5/4/2000 12/1/1999 4,874,708 33 5 97 0 00 4,924,825.00 4,922,940 00 GENERAL ELECTRIC CAPITAL CORP COMM 36959HE4j A-1+ 15,000,000 5/4/2000 II/9/1999 14,578,887.50 5.87 0 00 14,778,737.55 14,768.820 00 BEAR STEARNS CO INC COMM PAPER 07389AF)/ A-1 7,500,000 6/5/2000 1/31/2000 7,344,862.50 6.03 0.00 7,346,093.77 7,344,457 50 BEAR STEARNS CO INC.COMM PAPER 07389AF73 A-I 7,500,000 6/7/2000 1/20/2000 7,329,145.83 6.04 0 00 7,343,895 82 7,341,952 50 BEAR STEARNS CO INC COMM PAPER 07389AFL8 A-1 7,500,000 6/14/2000 1/20/2000 7,320,541 67 6.04 0 00 7,335,291.67 7,333,170.00 BEAR STEARNS CO INC COMM PAPER 07389AFN8 A-1 5,000,000 6/22/2000 1/20/2000 4,873,805.56 6.05 0.00 4,883,638.90 4,882,080.00 • MONSANTO CO COMM PAPER 61166AFU i A-1 6,000,000 6/28/2000 1/28/2000 5,850,533.33 6.05 0.00 5.854,466 64 5,852.454.00 BEAR STEARNS CO INC.COMM PAPER 07389AG1;3 A-I 10,000,000 7/11/2000 1/13/2000 9,702,500.00 6.13 0.00 9,733,902 80 9,732,230 00 263,500,000 257,803,395 83 5.99 0 00 260,890.623 00 260,837,926 50 FED AGY BOND/NOTE FHLB NOTES 3133M3Fh3 AAA 3,500,000 5 590 3/27/2000 3/19/1999 3,514,070 00 5.18 67,390.56 3,502,177.77 3,496,718 7 FHLB NOTES 3133M731.16 AAA 6,500,000 5.015 4/3/2000 I/8/1999 6,505,390.29 4 94 28,070.07 6,500,719 35 6,485,781 FHLB NOTES 3133M4P.i6 AAA 11,450,000 5.705 6/12/2000 12/23/1998 11,566,446.50 498 88,910.84 11.479,582.33 11,428,531 25 FNMA NOTES(CALLABLE) 31364FW,u AAA 10,000,000 5.750 7/7/2000 3/17/1999 10,017.968 75 5 60 38,333.33 10,000,000 00 9,970,990 00 FNMA NOTES 31364F2A,2 AAA 9,325,000 5.560 7/24/2000 3/24/1999 9,372,930.50 5 15 10,081 36 9,342,906.79 9,287,653 37 FNMA NOTES 31364G4N6 AAA 10,000,000 5.620 8/9/2000 8/9/1999 9.984,200 00 5 78 268,511 11 9,991,643 80 9.959,280 00 FNMA NOTES 3I364F4Vu AAA 15,000,000 5.490 8/18/2000 4/29/1999 15,067,800.00 5 12 372,862 50 15,029,520 45 14,924,580 00 FNMA NOTES 313641:5N + AAA 10,000,000 5.440 9/1/2000 11/20/1998 10,080,870 00 4.96 226,666.67 10,027,508.30 9,942,400 00 FHLB NOTES 31339I6L AAA 10,910,000 6.165 9/18/2000 12/23/1998 11,119,799.30 499 248,488.89 10,988,521 23 10,906,590.62 FFCB NOTES 3133I R61.1 AAA 25,000,000 5.550 9/28/2000 7/1/1999 24,993,500 00 5.55 809,375 00 24,997,192 00 24,845,575 00 FFCB NOTES 31331861:1 AAA 50,000,000 5.550 9/28/2000 7/1/1999 49,987,000.00 5.55 1,618,750.00 49,994,384 00 49,691,150 00 ,wp.r, of', 4.C.{,;.r. a 1 .,t;. ,. A ,1 I A I I 1 I:I/ I 1 Al A - INC. .. ., 'a v, , -• . Detail of Securities Held: 76990800 SAN BERNARDINO COUNTY MONTH) ENDED: January 31,2000 (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 FHLMC NOTES 3I34A3UC8 AAA 25,000,000 5.545 9/28/2000 7/1/1999 24,997,000.00 5.55 473,635.42 24,999,670.75 24,890,625.00 FHLMC NOTES 3I34A3UC8 AAA 50,000,000 5.545 9/28/2000 7/1/1999 49,994,000.00 5.55 947,270.83 49,999,341.50 49,781,250 00 FHLB NOTES(CALLABLE) 3I33M5QQ6 AAA 10,000,000 5 310 9/29/2000 9/29/1998 10,000,000 00 5 31 179,950.00 10,000,000.00 9,940,625.00 FNMA MTN 31364GCS6 AAA 9,500,000 4.450 10/I6/2000 4/29/1999 9,402,031 25 5.19 123,302 08 9,451,869.86 9.365,812 50 FNMA NOTES 3I364GHX0 AAA 17,000,000 4 840 11/27/2000 12/16/1998 16,989,709.90 4 87 146,275.56 16,995,811 54 16,766,131.00 FNMA NOTES 3I364GKS7 AAA 40,000,000 4.720 12/11/2000 12/11/1998 39,842,000.00 4.93 262,222 22 39,930,180.00 39,380,720 00 FNMA NOTES 31364FKE0 AAA 6,500.000 5.900 12/19/2000 2/5/1999 6,593,600 00 5 08 44.741 67 6,545,422.00 6.460,759 50 FHLB NOTES 3133M6ZU5 AAA 20,000,000 4 885 12/28/2000 12/28/1998 19,994,800 00 4 90 89,558 33 19,997,582.00 19,750,000.00• FNMA NOTES(CALLABLE) 3I364GSZ3 AAA 3,000,000 5.150 2/9/2001 4/19/1999 2,986,875 00 5.40 73,816.67 2,992,557.39 2,956,161 00 F1/LMC DEBENTURES(CALLABLE) 3134A3BBI AAA 20,000,000 5 375 3/1/2001 3/29/1999 19,975,000.00 5.44 447,916.67 19,986,346 60 19,781,250 00 FHLB GLOBAL NOTES 3I33M7XP6 AAA 10,000,000 5 375 3/2/2001 12/30/1999 9,887,100.00 6.38 222,465.28 9,895,545 00 9,871,875 00 FHLB GLOBAL BONDS 3133M3D28 AAA 5,700,000 5 625 3/19/2001 12/30/1999 5,649,555.00 6.38 117,562 50 5,653,207 56 5,653,687 50 FNMA NOTES 31364CBM9 AAA 14,000,000 6.450 4/23/2001 4/22/1999 14,325,640.00 5.21 245,816 67 14,203,361.06 13,954,794 00 FHLB NOTES 3133M8M84 AAA 11,000,000 5.195 4/27/2001 4/27/1999 10,988,654 21 5.25 149,211.94 10,992,840.87 10,828,125.00 FHLB NOTES 3133M45U3 AAA 4,605,000 5.750 4/30/2001 12/30/1999 4,567,146.90 6.39 66,932 40 4.569,605.83 4,561,828 12 FHLB NOTES 3133M8T61 AAA 5,000,000 5.385 5/17/2001 5/17/1999 4,987,650.00 5.52 55,345 83 4,991,864 80 4.928,125 00 FNMA NOTES 31364CHNI AAA 28,425,000 6670 8/1/2001 10/15/1998 29,789,400.00 4.81 947,973.75 29,181,36082 28,373,039 10 ,1 FHLB TAP NOTES 3133M9F49 AAA 25,000,000 5.875 8/15/2001 1/31/2000 24,687,500 00 6.73 799,652.78 24,688,383 25 24,664,062.50 FNMA NOTES(CALLABLE) 31364F4X6 AAA 10,000,000 5 780 8/20/2001 10/22/1998 10,062,000 00 5.54 258,494 44 10,000,000 00 9.846,990 00 FHLB NOTES 3133M5H45 AAA 4,500,000 5 575 8/28/2001 10/15/1998 4,594,921.88 4.78 106,621.88 4,553,826.07 4,421,250 00 FNMA NOTES(CALLABLE) 3I364GAP4 AAA 10,000,000 5.450 9/24/2001 9/25/1998 10,000,000 00 5 45 192,263.89 10,000,000.00 9,784,760 00 FNMA NOTES(CALLABLE) 3I364GAP4 AAA 10,000,000 5.450 9/24/2001 9/25/1998 10,000,000 00 5.45 192,263 89 10,000,000 00 9,784,760 00 FNMA NOTES(CALLABLE) 3I364GAP4 AAA 10,000,000 5.450 9/24/2001 9/25/1998 10,000,000.00 5.45 192,263 89 10,000,000.00 9.784,760 00 FHLB NOTES 3133M5XY1 AAA 17,500,000 4.630 10/9/2001 10/15/1998 17,428,600.00 4.78 252,077.78 17,458,468 30 16.892,968 75• FNMA NOTES(CALLABLE) 31364GE47 AAA 12,000,000 5.500 10/12/2001 4/19/1999 11,985,000 00 5.55 199,833 33 11,989,650 48 11,740,428 00 FHLB NOTES(CALLABLE) 3I33M5XE5 AAA 20,000,000 5.140 10/22/2001 10/22/1998 20.000,000.00 5.14 282,700.00 20,000,000.00 19,450,000.00 FHLB NOTES(CALLABLE) 3133M5YQ7 AAA 20,000,000 5.280 10/26/2001 10/26/1998 20,000,000.00 5.28 278,666 67 20,000,000 00 19,487,500 00 FHLB TAPS NOTES 3I33MABE8 AAA 10,000,000 6.000 11/15/2001 12/16/1999 9,924,800.00 6.42 126,666 67 9,929,644 30 9,853,125.00 FHLB NOTES 3I33M6PF9 AAA 10,000,000 4 955 11/20/2001 11/20/1998 9,996,875.00 4.97 97,723 61 9,998,071.20 9,678,125 00 FHLB NOTES 3133M6PF9 AAA 10,000,000 4.955 11/20/2001 12/24/1998 9,968,700.00 5.07 97,723 61 9,980,362.90 9,678,125 00 FHLB GLOBAL NOTES 3133M7DR4 AAA 20,000,000 4 875 1/22/2002 10/7/1999 19,412.366.00 6.27 24,375 00 19,490,391.00 19,243,750 00 FFCB NOTES 31331 HP27 AAA 20,000,000 6 625 2/1/2002 1/24/2000 19,947,000.00 6 77 40,486.11 19,947,880.00 19,893,218 00 FHLB NOTES 3I33M7K88 AAA 9,700,000 5 015 2/11/2002 4/21/1999 9,628,026.00 5 30 229,714 86 9,647,498 75 9,345,343 75 • Y INC, 1 : ► 1,/ : 1 : t/ 1 r: Detail of Securities Held: 76990800 SAN BERNARDINO COUNTY MONTH ENDED: January 31,20(10 (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 3133M7LY0 AAA 5,500,000 5 070 2/11/2002 12/16/1999 5,343,745.00 6.50 131,679.17 5,352,61001 5,304,062 50 FHLB NOTES 3133M7TT3 AAA 5,000,000 5.240 2/25/2002 5/3/1999 4,977,650.00 5.41 113,533.33 4,983,558.35 4,834,375 00 FHLB GLOBAL NOTES 3I33M7VB9 AAA 15,000,000 5 125 2/26/2002 1/31/2000 14,500,800 00 6.87 330,989.58 14,501,534.40 14,470,312 50 FHLB NOTES 3I33M84A9 AAA 5,000,000 5 505 3/15/2002 5/3/1999 5,012,050.00 5.41 103,983.33 5,009,361 00 4,854,687 50 FNMA NOTES 31364CZY7 AAA 10,000,000 6 670 3/27/2002 11/19/1998 10,496,900.00 5 04 229,744.44 10,329,020 00 9,934,940 00 FNMA NOTES 31364CG93 AAA 8,362,000 6.820 4/29/2002 11/12/1998 8,830,27200 5.04 145,740.37 8,674,492.37 8,328,510 19 FFCB DESIGNATED BONDS 31331 H WTO AAA 5,000,000 5 250 5/1/2002 12/3/1999 4,871,550.00 6 41 65,625.00 4,879,699 40 4.817,187 50411 FHLMC REFERENCE NOTES 3I34A3RE8 AAA 10,000,000 5.500 5/15/2002 12/3/1999 9,794,845.66 6.42 116,111.11 9,807,614.40 9,678,125 00 FHLMC REFERENCE NOTES 3134A3RE8 AAA 10,000,000 5.500 5/15/2002 12/29/1999 9,762,600.00 6.59 116,111.11 9.771,07290 9,678.12500 FHLB NOTES 3I33M8SU9 AAA 10,000,000 5 435 5/17/2002 12/29/1999 9,743,560 24 6.61 111,719.44 9,752,668.60 9,665,625 00 FHLB TAP NOTES 3133M9FE7 AAA 25,000,000 6 000 8/15/2002 10/20/1999 24,719,017.83 6 43 816,666.67 24,748,929 00 24,390,625 00 FNMA NOTES(CALLABLE) 31364FAR2 AAA 9,465,000 6.540 9/18/2002 10/16/1998 9,717,999 45 5.77 228,690.18 9,550,693 27 9,305,533.68 FNMA NOTES 3135866A2 AAA 18,000,000 6.800 1/10/2003 10/28/1998 19,316,880.00 4.85 71,400.00 18,950,840.10 17,853,750 00 • FNMA NOTES(CALLABLE) 31364FY54 AAA 10,900,000 6 010 7/17/2003 10/22/1998 11,074,570.31 5 62 25,475.72 10,948,089.81 10,492,361.50 FHLB NOTES(CALLABLE) 3133M5HN3 AAA 10,000,000 5.910 9/8/2003 10/23/1998 10,150,000.00 5.55 234,758.33 10,049,905.30 9,571,875 00 FIILMC NOTES(CALLABLE) 3134A2RW0 AAA 10,000,000 5.750 9/18/2003 9/18/1998 10,000,000.00 5.75 212,430 56 10,000,00000 9,525,000 00 FHLMC NOTES(CALLABLE) 3134A2RW0 AAA 10,000,000 5 750 9/18/2003 9/18/1998 10,000,000.00 5.75 212,430.56 10,000,000.00 9,525,000 00 , FFCB NOTES(CALLABLE) 31331 RB46 AAA 10,000,000 5.750 9/29/2003 9/29/1998 10,000,000 00 5.75 194,861.11 10,000,000.00 9,533,160 00 FFCB NOTES(CALLABLE) 31331 RB46 AAA 10,000,000 5.750 9/29/2003 9/29/1998 10,000,000.00 5.75 194,861.11 10,000,000 00 9,533,160 00 FNMA NOTES(CALLABLE) 3I364GDN6 AAA 6,700,000 5 530 10/22/2003 11/10/1999 6,444,998.00 6 64 101,890 25 6,458,039.55 6,333,456 40 FHLMC NOTES(CALLABLE) 3 I34A2ZQ4 AAA 10,000,000 5.580 12/10/2003 11/10/1999 9,618,700.00 6.66 79,05000 9,637,90530 9,437.500.00 FHLB NOTES(CALLABLE) 3133M5VY3 AAA 6,550,000 5 635 4/19/2004 11/10/1999 6,287,345.00 6.69 104,576 21 6,299,113 84 6.157,000 00 880,592,000 881,479,409.97 5.57 15,685,294.14 879,630,047 45 864,957,596u. MONEY MARKET FEDERATED PRIME OBLIGATION MUTUAL 60934N203 AAA 1.000,000 I/3/2000 1,000,000.00 0 00 0 00 1,000,00.)00 1,000,000 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 FEDERATED PRIME OBLIGATION MUTUAL 60934N203 AAA 30,500,000 1/27/2000 30,500,000.00 0.00 0 00 30,500,000.00 30,500.000 00 FEDERATED PRIME OBLIGATION MUTUAL 60934N203 AAA 45,000,000 1/28/2000 45,000,000.00 0 00 0.00 45,000,000 00 45,000,000 00 84,500,000 84,500,000.00 000 0 00 84,500,000 00 84,500,000 00 TREPOAGRMT MORGAN STNLY GRP INC TRIPARTY REPO RE0064155 A-I 170,000,000 5.893 2/1/2000 1/31/2000 170,000,000.00 5.89 27,825.69 170,000,00000 170,000,68000 170,000,000 170,000,000.00 5.89 27,825 69 170,000,000 00 170,000,680 00 US TSY BOND/NOTE US TREASURY NOTES 9I28272P6 AAA 10,000,000 6.625 3/31/2002 5/20/1999 10,292,187.50 5.50 224,453.55 10,225,225 60 9,996.875 00 . ., .._ . � �, .. ' ; ► ► l.� : ► : 1,/ ► 'INC. : ., J. • Detail of Securities Held: 76990800 SANBERNARDINO COUNTY MONTH ENDED. January 31,2000 (Excluding Cash/MoncyFund) SECURI I'Y TYPE S&P MATURITY PURCIIASE ORIGINAL YTM ACCRUED AMORTIZED MARKET DESCRIPTION CUSIP RATING PAR COUPON DATE DATE COST AT COST INTEREST COST VALUE 10,000,000 10,292,187 50 5 50 224,453.55 /0.225.225 60 9,996.875.00 TOTAL SECURITIES 1,732,092,000 1,727,526,596.04 5.45 % 22,918,417.13 1,728,721,771.09 1,713,624,114.53 S • OF CALIFORNIA • PHILIP ANGELIDES, Treasurer OFFICE OF THE TREASURER SACRAMENTO Local Agency Investment Fund PO Box 942809 Sacramento, CA 94209-0001 (916) 653-3001 January, 2000 Statement CITY OF CHINO HILLS Account Number : 98-36-151 Attn. FINANCE DIRECTOR 2001 GRAND AVENUE CHINO FULLS CA 91709 Transactions Effective Transaction Tran Confirm Authorized Amount Date Date Type Number Caller 01-14-2000 01-13-2000 QRD SYSTEM 271,587.23 01-31-2000 01-31-2000 RW 810850 PHYLLIS SO - 1,100,000.00 Account Summary Total Deposit : 271,587.23 Beginning Balance : 19,711,367.74 Total Withdrawal : - 1,100,000.00 Ending Balance : 18,882,954.97 / Page : 1 of 1 LAIFL ANEWS I F . i . 111 LOCAL AGENCY INVESTMENT FUND: SUMMARY OF ACTIVITY - JANUARY 2000 BEGINNING BALANCE DEPOSITS WITHDRAWALS MONTH END BALANCE $12,784,544,114.39 $1,701,958,492.70 - $1;479,243,132.39 •-- $13,007,259,474.70 _" POOLED MONEY INVESTMENT ACCOUNT •- - - - SUMMARY OF INVESTMENT DATA A COMPARISON OF JANUARY 2000 WITH JANUARY 1999 (Dollars in Thousands) January 2000 January 1999 Change Average Daily Portfolio $35,750,385 $35,563,802 +$186,583 Effective Yield 5.771 5.265 +.506. Average Life-Month End (in days) _193 - 184 - +9 ° NEW STAFF AT LAIF LAIF is proud to announce the arrival of three new staff r� members, Kim Oakley, Scott Smith, and Sarah Weber. Scott joins LAIF from the State Board of Equalization, while Kim and Sarah both moved from other areas of the State Treasurer's Office, Kim from the PMIA side of Investments and Sarah from the Executive Office. LAIF is now fully staffed and will continue to serve all of your needs. Reminder: The transaction limit on all regular accounts will increase from 10 to 15 per agency, per account on March 1 , 2000 . State Treasurer Philip Angelides Phone (916) 653-3001 Local Agency Investment Fund Fax (916) 654-9931 P.O. Box 942809, Sacramento, CA 94209-0001 http://www.treasurer.ca.gov • • • State of California Pooled Money Investment Account Market Valuation 1/31/00 • - . Larryin"g Cost Plus . Description Acc�ued1nte`rest°Purch. " Fair-Value - .. Accrued.Interest United States Treasury Bills $ 1,557,466,509 84 $ 1,585,530,524.87 NA Notes $ 2,347,990,418.87 $ 2,327,711,000.00 $ 24,908,517 50 Federal Agency: Bonds $ 3,071,025,823.22 $ 3,045,485,845.00 $ 49,949,738.95 Floaters $ 100,000,000 00 $ 100,000,000.00 $ 1,426,764.00 MBS $ 447,640,021.97 $ 421,695,631.36 $ 2,426,752.00 GNMA $ 1,471,268.51 $ 1,628,220.49 $ 14,498 08 SBA $ 269,699,005.11 $ 268,966,614.52 $ 2,406,716.70 FHLMC PC $ 13,859,027 58 $ 14,544,059 22 $ 222,768.55 Discount Notes $ 4,692,541,675.78 $ 4,778,441,850.46 NA Bankers Acceptances $ - $ - NA Corporate: Bonds $ 1,146,156,780 89 $ 1,133,451,297.35 $ 20,039,031.40 Floaters $ 1,394,476,075.77 $ 1,398,980,083.50 $ 10,450,878 35 CDs $ 5,329,062,171.38 $ 5,318,246,315.05 $ 87,606,526.40 Bank Notes $ 2,290,011,047 85 $ 2,287,279,878 70 $ 44,418,636.12 Repurchase Agreements $ - $ - NA Time Deposits $ 2,918,395,000 00 $ 2,918,395,000.00 NA AB 55 & GF Loans $ 2,097,002,402 95 $ 2,097,002,402.95 NA Commercial Paper $ 9,366,851,084 17 $ 9,461,858,233.35 NA Reverse Repurchase $ (589,968,892.00) $ (589,968,892.00) $ (2,287,634.25) TOTAL $ 36,453,679,421.89 $ 36,569,248,064 82 $ 241,583,193.80 Fair Value Including Accrued Interest $ 36,810,831,258.61 Repurchase Agreements, Time Deposits, AB 55 & General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value (carrying cost).