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08-08-2000 CC Rpt A05 • . • •,. 1111 FrrlavtCia( 2 COUNCIL AGENDA STAFF REPORTRE \ 7EONLY Meeting Date: August 8, 2000 T O PLUG -1 IC n Public Hearing:• ❑ ''' � : .. Discussion Item: ❑ / iWox� Consent Item: , AUGUST 1, 2000 TO: HONORABLE MAYOR AND CITY COUNCIL MEMBERS FROM: CITY MANAGER SUBJECT: TREASURER'S REPORT FOR JUNE 2000 RECOMMENDATION: It is recommended that the City Council: 1. Approve the Treasurer's Report for June 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 June 2000 may be seen in Exhibit A (attached). The amount of cash and investments for all funds amounts to $105,776,186.00. 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: AUGUST 8, 2000 SUBJECT: TREASURER'S REPORT FOR JUNE 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 December 31, 2000. The investments reported in the Treasurer's Report are in compliance with the City's Investment Policy. espectfully submitted, Recommended by: 4-11'"'"2 biklAfitGe Dou• - - N. La Belle, ity Manager Stan McCartney, Financ�ectr DLB:SCM:ssr Att. C:AG EN DA\TRSTFR PTMAY00 0 . • EXHIBIT A • CITY OF CHINO HILLS TREASURER'S REPORT June 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) $ 33,621,545.77 $ (1) Los Angeles County Pooled Funds of Investments (LACPFI) (4) 44,079,256.74 (1) State of California Local Agency Investment Fund (LAIF) 19,159,831.54 (1) Total Investments 96,860,634.05 (2) Cash Bank of America -Checking 1,621,949.22 1,621,949.22 Bank of America- Payroll 10,000.00 10,000.00 Total Cash in Bank 1,631,949.22 1,631,949.22 Petty Cash 3,450.00 3,450.00 Total Cash 1,635,399.22 1,635,399.22 Total Funds Held by City 98,496,033.27 (2) B. Funds Held by Fiscal Agents: U.S. Bank 5,901,103.98 (3) State Street Bank 3,143.72 (3) BNY Western Trust Company 1,375,905.03 (3) Total Funds Held by Fiscal Agents 7,280,152.73 (3) Total Funds Held by City and Fiscal Agents $ 105,776,186.00 (2) II. Estimated Composite Investment Earnings Rate: 6.18% (Actual Investment Earnings Rate for SBCPFI :6.15%;& LAIF :6.18%; LACPFI :6.21%.) III. Cash Flow Transactions by Major Fund Types: Beginning Ending Cash Balance Cash Cash Cash Balance Fund 06/01/00 Receipts Disbursements 06/30/00 General Fund $ 19,206,909.32 $ 3,280,732.62 $ (1,802,270.30) $ 20,685,371.64 Water Funds 11,929,240.93 2,017,495.53 (1,637,501.85) 12,309,234.61 Sewer Funds 6,955,249.33 369,772.21 (249,391.42) 7,075,630.12 Parks & Landscape 9,588,186.92 281,087.52 (722,035.31) 9,147,239.13 Development Funds 13,180,776.98 641,014.52 (119,695.22) 13,702,096.28 Comm Facilities Dist. 20,251,875.09 308,119.86 (2,064,089.37) 18,495,905.58 Assessment Districts 5,450,576.23 322,864.61 (299,711.43) 5,473,729.41 Miscellaneous Funds 19,591,789.07 3,113,989.91 (3,818,799.75) 18,886,979.23 Total $ 106,154,603.87 $ 10,335,076.78 $ (10,713,494.65) $ 105,776,186.00 • • . • . • • EXHIBIT A CITY OF CHINO HILLS TREASURER'S REPORT June 2000 Page 2 of 2 IV. Funds Held by Deferred Compensation Providers - Market Month Ending June 30, 2000 Value Aetna Life Insurance and Annuity Company 1,729,542.86 ICMA 1,120,955.34 Total Funds Held by Deferred Compensation Providers $ 2,850,498.20 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 June 30, 2000; 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 December 31, 2000.f ., aC L�Z2G� Fan McCarrtrtney ney Finance Director/City Treasurer City of Chino Hills Treasurer's Report Worksheet I General Water Sewer Parks& Development Comm FacilitiesAssessment Miscellaneous Fund Funds Funds Landscape Funds Distnct I Districts Funds Total Funds Held by City: Beginning Book Balance 006/01/00 19,206,909 32 10,744,668 72 6,955,249.33 9,588,186.92 13,180,776 98 17,311,370 26 1,688,339.95 19,580,760 97 98,256,262 45 Cash Receipts 3,280,732 62 2,017,495.53 369,772.21 281,087.52 641,014 52 92,126 94 59,189 52 2,738,097 14 9,479,516 00 Cash Disbursements (1,802,270 30) (1,637,501.85) (249,391.42) (722,035 31) (119,695 22) (2,064,089 37) (299,711.43) (2,537,969 27) (9,432,664 17) Journal Entnes For Month (182,973 78) (182,973 78) Ending Book Balance(d),06/30/00 20,685,371 64 11,124,662.40 7,075,630.12 9,147,239 13 13,702,096 28 15,339,407 83 1,447,818.04 19,597,915 06 98,120,140 50 Reconciling Transactions 375,892 77 375,892.77 Ending Bank Balance Funds Held by City 20,685,371.64 11,124,662 40 7,075,630.12 9,147,239 13 I 13,702,096.28 15,339,407.83 1,447,818.04 19,973,807 83 98,496,033.27 Funds Held by Fiscal Agent: . 1 Beginning Book Balance(006/01/00 0 00 1,184,572 21 0.00 0 00 0 00 2,940,504 83 3,762,236 28 11,028 10 7,898,341 42 Cash Receipts 0 00 0 00 0 00 0 00 0.00 215,992 92 263,675 09 0.00 479,668 01 Cash Disbursements 0 00 0 00 0 00 0.00 0 00 0 00 0 00 0.00 0 00 Journal Entnes For Month (11,033 09) (11,033 09) Ending Book Balance(o,06/30/00 0 00 1,184,572 21 0 00 0 00 0 00 3,156,497 75 4,025,911 37 (4.99) 8,366,976.34 • Reconciling Transactions (1,086,823 61) (1,086,823.61) Ending Bank Balance Funds Held by F/A 0 00 1,184,572 21 0 00 0 00 0 00 3,156,497 75 4,025,911 37 (1,086,828 60) 7,280,152 73 Summary of Cash Balances Beginning Cash Balance Funds Held by City 19,206,909.32 10,744,668 72 6,955,249 33 9,588,186 92 13,180,776 98 17,311,370 26 1,688,339 95 19,580,760 97 98,256,262 45 Funds Held by Fiscal Agent 1,184,572.21 2,940,504 83 3,762,236 28 11,028 10 7,898,3. Total Beginning Cash Balance 19,206,909 32 11,929,240 93 6,955,249 33 9,588,186.92 13,180,776 98 20,251,875 09 5,450,576 23 19,591,789 07 106,154,6 Ending Cash Balance' Funds Held by City 20,685,371 64 11,124,662 40 7,075,630 12 9,147,239.13 13,702,096 28 15,339,407 83 1,447,818 04 19,973,807 83 98,496,033 27 Funds Held by Fiscal Agent 1,184,572 21 3,156,497 75 4,025,911.37 (1,086,828.60) 7,280,152 73 Total Ending Cash Balance: 20,685,371 64 I 12,309,234 61 7,075,630 12 9,147,239 13 13,702,096 28 ' 18,495,905 58 5,473,729.41 18,886,979.23 105,776,186 00 PGM : F1365 DETAI REVENUE TRANSACTION LISTING BY REVENUE SOURCE PAGE: 3698. TIME: 07:30:24 ACCOUNTING'PERIOD 12.- 06/20001110 DATE: 07/04/2000 FUND/DEPT/ORG1: SED 100 100 CHINO HILLS NO HILLS CHINO HILLS TRN DATE ORG GRC TRANSACTION ID DESCRIPTION/VENDOR REVENUE RECEIVED REVENUE BUDGET ••+ BUDGET FISCAL YEAR 2000 ••• 8145 INT 6 PEN DE DETAIL 8145 .00 .00 `.- - . BAL FORWARD 8145 .01 .00 ENDING BAL 8145 .01 .00 REMAINING BUDG 8145 .01- - 8235 SUPP ROLL PR DETAIL 8235 .00 .00 BAL FORWARD 8235 .04 .00 ENDING BAL 8235 .04 .00 REMAINING BUDG 8235 .04- 8500 INTEREST DETAIL 8500 .00 .00 BAL FORWARD 8500 1,600,653.89 .00 ENDING BAL 8500 1,600,653.89 .00 REMAINING BUDG 8500 1,600,653.89- 9984 OTHER DETAIL 9984 .00 .00 BAL FORWARD 9984 199,929.24 .00 ENDING BAL 9984 199,929.24 .00 REMAINING BUDG 9984 199,929.24- BUDGET FISCAL YEAR 2000 DETAIL FY .00 .00 BUDGET FISCAL YEAR 2000 BAL FORWARD FY 1,800,583.18 .00 BUDGET FISCAL YEAR 2000 ENDING BAL FY 1,800,583.18 .00 BUDGET FISCAL YEAR 2000 REMAINING BUDG FY 1,800,583.18- 100/100 CHINO HILLS CHINO HILLS DETAIL DEPT/ORG1 .00 .00 100/100 CHINO HILLS CHINO HILLS BAL FORWARD DEPT/ORG1 1,800,583.18 .00 100/100 CHINO HILLS CHINO HILLS ENDING BAL DEPT/ORG1 1,800,583.18 .00 100/100 CHINO HILLS CHINO HILLS REMAINING BUDG DEPT/ORG1 1,800,583.18- CITY OF CHINO HILLS (CM002 ) PACKET PAGE NUMBER 8 ••' anti.,b.o.al 0441 Y..mt lb ww•6 :.+u1-0 :,ran(IN&Cow.mi PGM : FZ365 DETAIL REVENUE TRANSACTION LISTING BY REVENUE SOURCE PAGE: 3699 TIME: 07:30:24 ACCOUNTING PERIOD 12 - 06/2000 DATE: 07/04/2000 FUND/DEPT/ORG1: SED CHINO HILLS TRN DATE ORG GRC TRANSACTION ID DESCRIPTION/VENDOR REVENUE RECEIVED REVENUE BUDGET SED CHINO HILLS DETAIL FUND .00 .00 SED CHINO HILLS BAL FORWARD FUND 1,800,583.18 .00 SED CHINO HILLS ENDING SAL FUND 1,800,583.18 .00 SED CHINO HILLS REMAINING BUDG FUND 1,800,583.18- SED CHINO HILLS BEGINNING BAL - CASH IN COUNTY TREASURY 33,621,545.77 SED CHINO HILLS ENDING SAL - CASH IN COUNTY TREASURY 33,621,545.77 CITY OF CHINO HILLS (CM002 ) PACKET PAGE NUMBER 9 '•• C.C•l..,P.000!0319. ....... - .... -..... 1 .all II ANI ilill MI al 41111 OM All AI 11111 ilIlli 11/1 al All ill MU UM OM I ► : ► 4 V : ► : I 1 INC. Detail of Securities Held: 76990800 SAN BERNARDINO COUNTY MONTH ENDED: June 30,2000 (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 BANKERS ACCEPT FLEET BANK NA BANK ACCEP I AA99AHA6 NR 3,016,494 8/10/2000 3/15/2000 2,940,847 03 6 26 0 00 2,996,048 86 2,993,960 79 3,016,494 2,940,847.03 6 26 0 00 2.996,048 86 2.993.960 79 CERT OF DEPOSIT BANQ PARIBAS(NY)CERT DEPOS 06674EPK1 A-I 10,000,000 6 220 7/6/2000 4/6/2000 10,000,000 00 6 22 148,588 89 10,000,000 00 9,999,21000 SOCIETE GENERALE CERT DEPOS 83365UQ76 A-1+ 10,000,000 6.120 7/6/2000 1/14/2000 9,999,139 20 6.13 300,900 00 9,999,975 30 9,998,870 00 BANQ PARIBAS(NY)CERT DEPOS 06674EPK I A-1 10,000,000 6 220 7/6/2000 4/7/2000 9,999,973 54 6.22 148,588 89 9,999,998 50 9,999,21 TORONTO DOMINION CERT DEPOS 891121XG6 A-1+ 20,000,000 6 130 7/12/2000 3/14/2000 20,000,000 00 613 371,205 56 20,000,00000 19,996,060 RABOBANK(NY)CERT DEPOS 749771/1D8 A-I+ 20,000,000 5 640 7/20/2000 7/20/1999 19,990,389 30 5 69 1,087,266.67 19,999,501 00 19,985,420 00 HARRIS TR&SVGS CERT DEPOS 41463M3B9 NR 11,400,000 6.580 7/24/2000 6/30/2000 11,399,784 77 6.60 16,669 33 11,399,793 77 11,399,783 40 BANK OF AMERICA CERT DEPOS 06050EAX3 A-1 10,000,000 5.970 8/10/2000 8/12/1999 10,000,000.00 5.97 537,30000 10,000,00000 9,988,77000 TORONTO DOMINION CERT DEPOS 891121XP6 A-1+ 10,000,000 6.310 9/15/2000 3/17/2000 10,000,000 00 6 31 185,794 44 10,000,000 00 9,990,100 00 • BANK ONE NA ILL CERT DEPOS 06422XNZ3 A-I 15,000,000 6.360 9/21/2000 3/24/2000 15,000,730 80 6 35 262,350 00 15,000,331 05 14,985,630 00 TORONTO DOMINION NY CERT DEPOS 891121 W U6 A-1+ 15,000,000 6.290 9/28/2000 3/6/2000 15,000,000 00 6 29 306,637 50 15,000,000 00 14,980,695 00 CIBC BANK CERT DEPOS 13606SRB7 A-1+ 7,000,000 6 860 9/29/2000 5/31/2000 7,000,000 00 6 86 41,350 56 7,000,000 00 7,002,478 00 . TORONTO DOMINION CERT DEPOS 891121D29 A-1+ 15,000,000 6 810 10/26/2000 6/9/2000 15,000,000 00 6 81 62,425 00 15,000,000 00 15,002,280 00 FLEET NATIONAL BANK CERT DEPOS 3390H6GW4 A-I 20,000,000 6 990 11/22/2000 5/26/2000 20,000,000 00 699 139,800 00 20,000,000 00 20,011,920 00 FLEET BANK NA CERT DEPOS 3390H6H W 3 A-I 5,000,000 6 930 11/29/2000 6/2/2000 5,000,000.00 6 93 27,912 50 5,000,000 00 5,001,780.00 ' SOCIETE GENERALE CERT DEPOS 83365U6V5 A-I+ 10,000,000 7 060 5/2/2001 5/2/2000 10,000,946 25 7.05 117,666 67 10,000,790 70 9,994,880 00 CIBC BANK CERT DEPOS 13606SPL7 A-I+ 10,000,000 7 160 5/8/2001 5/8/2000 10,000,000.00 7.16 107,400 00 10,000,000 00 10,002,890 00 198,400,000 198,390,96386 643 3,861,85601 /98.400.39032 /98,339,97640 COMMERCIAL PAPER FORD MOTOR CREDIT COMM PAPER 34539TG33 A-I 10,000,000 7/3/2000 6/23/2000 9,981,666 67 6 61 0 00 9,996,333 30 9,994,49 FORD MOTOR CREDIT COMM PAPER 34539TG33 A-I 5,000,000 7/3/2000 6/26/2000 4,993,466 67 6 73 0 00 4,998,133 35 4,997,24 1 GMAC COMM PAPER 37042DG31 A-I 15,000,000 7/3/2000 4/4/2000 14,770,125 00 6 23 0 00 14,994,891 60 14,991,73500 BAKER HUGHES COMM PAPER 05722LG52 A-I 25,000,000 7/5/2000 6/30/2000 24,975,694.45 7 01 000 , 24,980,555 50 24,977.025 00 I DOW CHEMICAL CO.COMM PAPER '1 26055AG59 A-1 20,000,000 7/5/2000 6/30/2000 19,980,694 45 6.96 0 00 ' 19,984,555 60 19,981,62000 j GMAC COMM PAPER 37042DG56 A-I 10,000,000 7/5/2000 6/27/2000 9,984,955.56 6.78 000 9,992,477 80 9,990,81000 MORGAN STANLEY DEAN WITTER COMM 61745AG52 A-I+ 20,000,000 7/5/2000 3/7/2000 19,600,000 00 6 12 000 19,986,666 60 19,981,62000 ROYAL BANK OF CANADA COMM PAPER 78009AG57 A-1+ 10,000,000 7/5/2000 4/5/2000 9,845,805 56 6 20 000 9,993,222 20 9,990,81000 SONOCO COMM PAPER 83549RG57 A-I 20,000,000 7/5/2000 6/30/2000 19,980,694 45 6 96 0 00 19,984,555.60 19,981,620 00 C GENERAL ELECTRIC CAPITAL CORP COMM 36959HG68 A-1+ 7,500,000 7/6/2000 6/27/2000 7,487,306 25 6.78 000 7,492,947 90 7,491,73500 f CENTRIC CAPITAL CORP COMM PAPER 1563X0G78 A-I+ 5,000,000 7/7/2000 6/29/2000 4,992,500 00 6.76 0 00 4,994,375 00 4,993,570 00 A 1. S All .dill MI Ali AS 11111 — .r M r r NM Imo a aims a ..rte. 1 h, ' : 1' A &' ' / ' i INC. Detail of Securities Held: 76990800 SAN BERNARDINO COUNTY MONTH ENDED: June 30,2000 • (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 CENTRIC CAPITAL CORP COMM PAPER I563XOGA I A-1+ 6,700,000 7/10/2000 6/22/2000 6,677,923.50 6.61 0 00 6,688,961 75 6,687,698 80 MERRILL LYNCH&CO INC COMM PAPER 590I 81GA6 A-I+ 10,000,000 7/10/2000 4/10/2000 9,845,300 00 6.22 0 00 9,984,700 00 9,981,640 00 BEAR STEARNS CO INC COMM PAPER 07389AGB3 A-I 10,000,000 7/11/2000 1/13/2000 9,702,500 00 6 13 0 00 9,983,472 20 9,979,81000 BEAR STEARNS CO INC COMM PAPER 07389AGB3 A-I 10.000,000 7/I 1/2000 5/31/2000 9,924,719 45 6 66 0 00 9,981,638 90 9,979,810 00 EQUILON COMM PAPER 2944E0H 12 A-I+ 4,000,000 8/1/2000 6/30/2000 3,976,675 56 6 60 000 3,977,404 44 3,976,600 00 GMAC COMM PAPER 37042DHJ5 A-I 15,000,000 8/18/2000 4/20/2000 14,690,000 00 6.33 000 14,875,999 95 14,865,690 00 GENERAL ELECTRIC CAPITAL CORP COMM 36959HHM2 A-I+ 15,000,000 8/21/2000 4/4/2000 14,640,916 67 6.35 000 14,868,250 05 14,857,485 00 GENERAL ELECTRIC CAPITAL CORP COMM 36959HHM2 A-I+ 10,000,000 8/21/2000 4/5/2000 9,763,866.67 6 31 000 9,912,733 30 9,904,990 0 GMAC COMM PAPER 37042DHM8 A-I 10,000,000 8/21/2000 4/28/2000 9,795,875.00 6.52 0 00 9,909,475 00 9,904,990 00 MERRILL LYNCH&CO INC COMM PAPER 590181HN7 A-1+ 10,000,000 8/22/2000 4/10/2000 9,770,711 II 630 0.00 9,911,022 20 9,903,16000 NATIONAL BANK OF CANADA(NY) COMM 63306THP3 A-I 10,000,000 8/23/2000 4/25/2000 9,792,333.33 6 36 0 00 9,908,280 60 9,901,340 00 MERRILL LYNCH&CO INC COMM PAPER 59018JHV9 A-I+ 10,000,000 8/29/2000 4/10/2000 9,758,733 33 6.31 0.00 9,899,044 40 9,890,390 00 BEAR STEARNS CO INC COMM PAPER 07389A153 A-I 10,000,000 9/5/2000 4/7/2000 9,739,944.45 6 37 000 9,886,333 30 9,877,600 00 • MERRILL LYNCH&CO INC COMM PAPER 59018//54 A-I+ 8,500,000 9/5/2000 5/31/2000 8,346,551.39 6 82 0 00 8,395,591 69 8395,960 00 MERRILL LYNCH&CO INC COMM PAPER 59018.1162 A-1+ 10,000,000 9/6/2000 4/26/2000 9,768,358 33 6.42 0 00 9,883,308 30 9,875,770 00 - MARSH USA COMM PAPER 57178U75 A-I+ 10,000,000 9/7/2000 4/10/2000 9,741,666 67 6.36 000 9,882,888 90 9,873,940 00 , MARSH USA COMM PAPER 57178U83 A-1+ 10,000,000 9/8/2000 3/15/2000 9,700,083.33 6 29 000 9,883,083 30 9,872,11000 MARSH USA COMM PAPER 57178UB6 A-1+ 10,000,000 9/11/2000 3/16/2000 9,695,700 00 6 31 0 00 9,877,600 00 9,866,630.00 GENERAL ELECTRIC CAPITAL CORP COMM 36959HiDO A-1+ 10,000,000 9/13/2000 4/26/2000 9,756,166.67 6.43 0.00 9,871,116 70 9,862,970.00 MARSH USA COMM PAPER 57I78UM2 A-1+ 10,000,000 9/21/2000 4/24/2000 9,739,583.33 6 42 0.00 9,857,638 90 9,848,340 00 MARSH USA COMM PAPER 57178LJN0 A-1+ 10,000,000/ 9/22/2000 4/25/2000 9,739,583 33 6 42 0.00 9,855,902 80 9,846.51000 BEAR STEARNS CO INC.COMM PAPER 07389AK36 A-1 7,000,000 10/3/2000 6/12/2000 6,854,324.17 6 77 0.00 6,878,818 31 6,878,424 00 BEAR STEARNS CO INC COMM PAPER 07389AKA0 A-I 10,000,000 10/10/2000 6/1/2000 9,753,647.22 6 94 0 00 9,810,063 90 9,813,370 00 GOLDMAN SACHS GROUP.LP COMM 38142TKH7 A-1+ 7,500,000 10/17/2000 6/12/2000 7,324,316.67 680 000 7,350,60000 7,350,292. GENERAL ELECTRIC CAPITAL CORP COMM 36959HKW6 A-I+ 5,000,000 10/30/2000 6/1/2000 4,858,227 78 6.96 000 4,886,394 45 4,888,120 BEAR STEARNS CO INC.COMM PAPER 07389ALB7 A-I 10,000,000 11/1/2000 6/1/2000 9,711,425 00 699 000 9,768,008 30 9,772,510 00 GOLDMAN SACHS GROUP,LP COMM 11' 38142TL60 A-1+ 5,000,000 II/6/2000 6/6/2000 4,858,475.00 6 85 000 . 4,881,600 00 4,881,600 00 GOLDMAN SACHS GROUP,LP COMM 38142TL78 A-I+ 7,000,000 11/7/2000 6/6/2000 6,800,570 00 6 86 0 00 6,832,945 00 6,832,938.00 GOLDMAN SACHS GROUP,LP COMM 38142TL86 A-1+ 5,000,000 11/8/2000 5/23/2000 4,841,093 06 6 99 0 00 4,877,763 90 4,879,735.00 CENTRIC CAPITAL CORP COMM PAPER 1563X0L98 A-I+ 6,132,000 I I/9/2000 6/7/2000 5,955,636.87 6.88 000 5,982,944 69 5,983,366 45 GOLDMAN SACHS GROUP,LP COMM 38142TL94 A-1+ 7,500,000 I I/9/2000 6/7/2000 7,284,937.50 6.86 000 7,318,237.50 7,318,207 50 GOLDMAN SACHS GROUP,LP COMM 38I42TLE3 A-1+ 5,000,000 11/14/2000 6/8/2000 4,852,925 00 6 86 000 4,874,200.00 4,874,140 00 GOLDMAN SACHS GROUP,LP COMM 38142TLF0 A-I+ 5,000,000 11/15/2000 5/23/2000 4,834,511 II 700 000 4,871,181 95 4,873,21000 i i al gib a11 illi alli MI MB MI MN 11111 Mk 11111 1111 all MIS Elk 11111i Ms VIM ' 1 ► 4 ► a ' , I A INC. • Detail of Securities Held: 76990800 SAN BERNARDINO COUNTY MONTH ENDED: June 30,2000 (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 GENERAL ELECTRIC CAPITAL CORP COMM 36959HLU9 A-I+ 10,000,000 11/28/2000 6/1/2000 9,662,000.00 700 000 9,718,333 30 9,722,120 00 446,832,000 438,752,19056 6.59 000 441,744,25243 442,593,74725 CORPORATE NOTE _ GENERAL ELECTRIC CAPITAL CORP NOTES 36962GLU6 AAA 8,600,000 5 520 1/16/2001 5/1/2000 8,525,008 00 6 80 139,778.67 8,542,347 92 8,526,530 20 GENERAL ELECTRIC CAPITAL CORP MTN 36962G El AAA 9,720,000 5 920 4/3/2001 3/6/2000 9,644,864 40 6 68 169,430 40 9,667,059 33 9,633,880 80 MERRILL LYNCH&CO INC NOTES 590I8SMY7 AA- 5,000,000 7.050 5/8/2001 5/10/2000 4,992,200 00 7 22 45,041 67 4,993,349 60 4,990,845 00 MERRILL LYNCH&CO INC MTN 5901885 W0 AA- 20,000,000 7 030 10/12/2001 4/12/2000 20,000,000.00 7.03 308,538 89 20,000,000 00 19,928,740 43,320,000 43,162,072.40 6.93 662,78963 43,202,75685 43,079,99 FED AGY BOND/NOTE 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 9,999,500 00 FNMA NOTES 3 1364F2M2 AAA 9,325,000' 5 560 7/24/2000 3/24/1999 9,372,930.50 5 15 226,110 53 9,327,380 67 9,319,899 22 FNMA NOTES 31364G4N6 AAA 10,000,000 5 620 8/9/2000 8/9/1999 9,984,200 00 5 78 221,677 78 9,998,309 00 9,990,71000 FNMA NOTES 31364F4V0 AAA 15,000,000 5 490 8/18/2000 4/29/1999 15,067,800 00 5 12 304,237.50 15,007,057 80 14,979,945 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 10,007,886 70 9,981,570 00 FHLB NOTES 3133916L3 AAA 10,910,000 6 165 9/18/2000 12/23/1998 11,119,799.30 499 192,438.76 10,936,770 19 10,896,362 50 FFCB NOTES 31331 R6R I AAA 25,000,000 5 550 9/28/2000 7/1/1999 24,993,500 00 5 55 358,437 50 24,999,178 25 24,936,100 00 FFCB NOTES 31331 R6R I AAA 50,000,000 5.550 9/28/2000 7/1/1999 49,987,000 00 5 55 716,875 00 49,998,356 50 49,872,200 00 FHLMC NOTES 3134A3UC8 AAA 25,000,000 5 545 9/28/2000 7/1/1999 24,997,000 00 5 55 50,059 03 24,999,086 50 24,929,687 50 FHLMC NOTES 3134A3UC8 AAA 50,000,000 5 545 9/28/2000 7/1/1999 49,994,000.00 5 55 100,118 06 49.998,173.00 49,859,375 00 FHLB 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 9,965,625 00 1 FNMA MTN 31364GCS6 AAA 9,500,000 4 450 10/16/2000 4/29/1999 9,402,031 25 5 19 88.072 92 9,480,033 37 9,441,423 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 16,997,876 53 16,874,01300 FNMA NOTES 31364GKS7 AAA 40,000,000 4720 12/11/2000 12/11/1998 39,842,000 00 4.93 104,888.89 39,963,591 20 39,651,04000 FNMA NOTES 31364FKE0 AAA 6,500,000 5 900 12/19/2000 2/5/1999 6,593,600 00 5 08 12,783 33 -6,524,254 55 -6,473,86 ____ FHLB NOTES 3133M6ZU5 AAA 20,000,000 4 885 12/28/2000 12/28/1998 19,994,800 00 490 8,141 67 19,998,682 40 19,818,750 FNMA NOTES(CALLABLE) 31364GSZ3 AAA 3,000,000 5.150 2/9/2001 4/19/1999 2,986,875 00 5.40 60,941 67 2,995,548.27 2,970,975 00 FHLMC DEBENTURES(CALLABLE) 3134A3BB 1 AAA 20,000,000 5 375 3/1/2001 3/29/1999 19,975,000 00 544 358,333 33 , 19,991.393 40 19,812,500 00 FHLB GLOBAL NOTES e1 3133M7XP6 AAA 10,000,000 5.375 3/2/2001 12/30/1999 9,887,100 00 6 38 177,673 61 ' 9,935,227 50 9,906,250 00 FHLB GLOBAL BONDS 3133M3D28 AAA 5,700,000 5 625 3/19/2001 12/30/1999 5,649,555 00 6 38 90,843 75 5,670,336 06 5,655,468 75 FHLB NOTES 3I33MBC96 AAA 10,000,000 6 660 4/6/2001 4/13/2000 10,005,400 00 6 60 157,250 00 10,004.272.80 9,984,375 00 FNMA NOTES 31364CBM9 AAA 14,000,000 6 450 4/23/2001 4/22/1999 14,325.640 00 5 21 170,566 67 14,135,706 06 13,958,23800 FHLB NOTES 3I33M8M84 AAA 11,000,000 5 195 4/27/2001 4/27/1999 10,988,654 21 5 25 101,591 I I 10,995,201 80 10.852,187 50 FHLB NOTES 3133M45U3 AAA 4,605,000 5 750 4/30/2001 12/30/1999 4,567,146 90 6 39 44,866 77 4.581,390 90 4,563,267 19 al f a 1111 MI .M . illil alli MI i as as i is me i III . Ilk ' ' 1 n A 4 ' . / i INC. • Detail of Securities Held: 76990800 SAN BERNARDINO COUNTY MONTH ENDED: June 30,2000 (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 3133M8T61 AAA 5,000,000 5 385 5/17/2001 5/17/1999 4,987,65000 5.52 32,908 33 4,994,420.10 4,935,937 50 FHLMC REFERENCE NOTES 3134A3UQ7 AAA 20,000,000 5 750 6/15/2001 3/31/2000 19,772,00000 6.72 51,111 I I 19,822,723 20 19,787,50000 FNMA NOTES 31364CHN1 AAA 28,425,000 6 670 8/1/2001 10/15/1998 29,789,400.00 4 81 789,978.13 28,976,250 85 28,381,907 70 FHLB TAP NOTES 3I33M9F49 AAA 25,000,000 5 875 8/15/2001 1/31/2000 24,687,500 00 6.73 554,861.11 24,773,392.75 24,7 18,750 00 FNMA 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 9,886,300 00 11 FHLB NOTES 3133M5H45 AAA 4,500,000 5 575 8/28/2001 10/15/1998 4,594,921 88 4.78 85,715 63 4,539,949.78 4,433,906 25 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 9,839,630 ill 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 9,839,630. 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 9.839,63000 FHLB NOTES 3133M5XY 1 AAA 17,500,000 4 630 10/9/2001 10/15/1998 17,428,600 00 4.78 184,556.94 17,468,418.27 17,018,750 00 FNMA NOTES(CALLABLE) 313640E47 AAA 12,000,000 5 500 10/12/2001 4/19/1999 11,985,000.00 5 55 144,833 33 11,992,102 08 11,806,224 00 FHLB NOTES(CALLABLE) 3133M5XE5 AAA 20,000,000 5 140 10/22/2001 10/22/1998 20,000,000 00 5 14 197,033 33 20,000,000 00 19,562,500 00 FHLB NOTES(CALLABLE) 3133M5YQ7 AAA 20,000,000 5 280 10/26/2001 10/26/1998 20,000,000 00 5.28 190,666 67 20,000,000 00 19,587,500 00 FIILB TAPS NOTES 3133MABE8 AAA 10,000,000 6000 11/15/2001 12/16/1999 9,924,800.00 6.42 76,66667 9.945.721 10 9,881,25000 FHLB NOTES 3133M6PF9 AAA 10,000,000 4.955 11/20/2001 11/20/1998 9,996,875 00 4 97 56,431 94 9,998,500 70 9,743,750 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 9,984,748.60 9,743,750 00 FHLB GLOBAL NOTES 3I33M7DR4 AAA 20,000,000 4 875 1/22/2002 10/7/1999 19,412,366 00 6 27 430,625 00 19,592,907 60 19,412,500.00 FFCB NOTES 31331 HP27 AAA 20,000,000 6 625 2/1/2002 1/24/2000 19,947,000.00 6 77 592,569 44 19,958,396 60 19,912,500 00 FHLB NOTES 3I33M7K88 AAA 9,700,000 5 015 2/11/2002 4/21/1999 9,628,02600 5 30 189,176 94 9,657,859 99 9,424,156.25 FHLB NOTES 3133M7LY0 AAA 5,500,000 5 070 2/11/2002 12/16/1999 5,343,745 00 6 50 108,441 67 5,381,512 89 5,348,75000 FNMA NOTES 3135863E7 AAA 9,300,000 7.500 2/11/2002 3/27/2000 9,385,188 00 6.96 271,250 00 9,374,554 10 9,379,625 67 FHLB TAP NOTES 3133MAT74 AAA 10,000,000 6 750 2/15/2002 2/22/2000 9,953,900.00 700 266,250 00 9,962,147 10 9,975,000 00 FHLB NOTES 3133M7TT3 AAA 5,000,000 5 240 2/25/2002 5/3/1999 4,977,650.00 5.41 91,700 00 4,986,736.00 4,871,875 11 FHLB GLOBAL NOTES 3I33M7VB9 AAA 15,000,000 5 125 2/26/2002 1/31/2000 14,500,800.00 6 87 266.927 08 14,599,072 05 14,587.500. FHLB NOTES 3133M84A9 AAA 5,000,000 5 505 3/15/2002 5/3/1999 5,012,050 00 5 41 81,045 83 5,007,603 60 4,889,062 50 FNMA NOTES 31364CZY7 AAA 10,000,000 6 670 3/27/2002 11/19/1998 10,496,900 00 5 04 174,161.11 10,268,069 60 9,960,400 00 FNMA NOTESr1 31364C093 AAA 8,362,000 6 820 4/29/2002 11/12/1998 8,830,272 00 504 98,216 34 . 8,619,064 52 8,346,438 32 FFCB DESIGNATED BONDS 31331 H WTO AAA 5,000,000 5 250 5/1/2002 12/3/1999 4,871,550 00 6.41 43,750 00 4,900,896 65 4,859,375 00 FHLB NOTES 3I33MBER4 AAA 7,500,000 6.750 5/1/2002 4/27/2000 7,476,297 30 6 92 91,406 25 7,478,262 52 7,478,906 25 FHLB NOTES 3I33MBER4 AAA 7,500,000 6.750 5/1/2002 4/27/2000 7,476,292 50 6.92 91,406 25 7,478,255.02 7,478,906 25 FHLMC REFERENCE NOTES 3134A3RE8 AAA 10,000,000 5 500 5/15/2002 12/3/1999 9,794,845 66 6 42 70,277 78 9,840,831 90 9,756,250.00 FHLMC REFERENCE NOTES 3134A3RE8 AAA 10,000,000 5 500 5/15/2002 12/29/1999 9,762,600 00 6 59 70,277 78 9,810.858 80 9,756,25000 FHLB NOTES 3133M8SU9 AAA 10,000,000 5 435 5/17/2002 12/29/1999 9,743,560 24 6.61 66,427 78 9,795,470 40 9.743,750 00 i ill i i i ,ii i i i i IS - MI i me oft ea ti 1111111 o f A41 4 4 4 ' INC. • Detail of Securities Held: 76990800 SAN BERNARDINO COUNTY MONTH ENDED: June 30,2000 (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 FHLMC NOTES(CALLABLE) 3 134A2GY8 AAA 5,000,000 6 000 5/30/2002 4/13/2000 4,901,050 00 7 01 25,833 33 4,910,967 35 4,914,062 50 FNMA NOTES 3 1364C2C I AAA 5,000,000 6 410 7/8/2002 4/14/2000 4,953,450 00 6 86 154,018 06 4,958,170 85 4,949,920 00 FHLB TAP NOTES 3133M9FE7 AAA 25,000,000 6 000 8/15/2002 10/20/1999 24,719,017 83 6 43 566,666 67 24,786,153 25 24,554,687.50 FHLB NOTES 3133MBC88 AAA 15,000,000 7 000 8/15/2002 4/17/2000 15,052,929 84 6 84 253,750 00 15,047,947 50 15,023,437 50 FNMA NOTES(CALLABLE) 31364C6P8 AAA 6,000,000 6 570 9/3/2002 6/15/2000 5,923,620 00 7.19 129,21000 5,925,205 26 5,931,786 00 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 9,494,216 94 9,340,535 25 FHLMC REFERENCE NOTES 3I34A3T48 AAA 25,000,000 6.250 10/15/2002 5/8/2000 24,408,750 00 7 32 329,861.11 24,442,398 25 24,640,625 FHLB TAP NOTES 3133MACZO AAA 10,000,000 6 250 11/15/2002 4/17/2000 9,858,183 86 6 86 79,861.11 9,869,337 30 9,850,000 FNMA NOTES(CALLABLE) 31364FLZ2 AAA 8,000,000 6 250 1/3/2003 6/23/2000 7,805,000 00 7 32 247,222 22 7,807,192 00 7,845,960 00 FNMA NOTES(CALLABLE) 31364FLZ2 AAA 500,000 6 250 I/3/2003 6/27/2000 487,031 25 7.40 15,451 39 487,118 50 490,372 50 FNMA NOTES 3135866A2 AAA 18,000,000 6 800 1/10/2003 10/28/1998 19,316,880 00 4 85 581,400 00 18,824,255 10 17,932,500 00 FHLB NOTES 3133M2B22 AAA 15,000,000 5 660 1/13/2003 3/13/2000 14,493,450.00 6.99 396,200 00 14,543,899 50 14,554,687 50 FHLB NOTES(CALLABLE) 3133M2157 AAA 7,355,000 5 860 1/16/2003 4/6/2000 7,141,043 05 7 03 197,543.04 7,158,410 41 7,157,334 37 FHLB NOTES - 3133M22B2 AAA 4,275,000 5 500 1/21/2003 2/7/2000 4,094,766.00 7.I 1 104,500 00 4,117,205 38 4,130,718 75 FHLB NOTES 3I33M23D7 AAA 6,250,000 5 610 1/23/2003 2/7/2000 6,001,125 00 7.12 153,885.42 6,032,034.06 6,054,687 50 FFCB NOTES(CALLABLE) 31331 RV77 AAA 10,000,000 5 650 1/27/2003 4/13/2000 9,643,750 00 7.08 241,694.44 9,669,895 00 9,679,660 00 • FNMA NOTES(CALLABLE) 31364G W V 7 AAA 5,000,000 5 875 3/3/2003 4/6/2000 4,845,900 00 7 06 96,284 72 4,857,542.70 4,856,490 00 FNMA NOTES(CALLABLE) 3 1364G W V7 AAA 1,000,000 5 875 3/3/2003 4/7/2000 968,070 00 7.11 19,256 94 970,455 37 971,298 00 FNMA NOTES(CALLABLE) 31364FUX7 AAA 4,315,000 6.250 3/10/2003 6/15/2000 4,205,959.95 728 83,153 65 4,207,681 07 4,222,723 72 FNMA NOTES(CALLABLE) 31364GR76 AAA 14,590,000 6 000 5/19/2003 3/23/2000 14,134,062.50 7 12 102,130 00 14,171,272 83 14,173,149 II FNMA NOTES(CALLABLE) 31364FY54 AAA 10,900,000 6 010 7/17/2003 10/22/1998 11,074,570 31 5 62 298,429 89 10,904,634 24 10,571,386 80 FHLB NOTES(CALLABLE) 3133M5HN3 AAA 10,000,000 5 910 9/8/2003 10/23/1998 10,150,000 00 5 55 185,508 33 10,015,473 30 9,662,500 00 FHLMC NOTES(CALLABLE) 3134A2RW0 AAA 10,000,000 5 750 9/18/2003 9/18/1998 10,000,000.00 5 75 164,513 89 10,000,000 00 9,618,750 FHLMC NOTES(CALLABLE) 3134A2RW0 AAA 10,000,000 5 750 9/18/2003 9/18/1998 10,000,00000 5.75 164,513 89 10,000,000 00 9,618,750 FFCB NOTES(CALLABLE) 31331 RB46 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 9,618,890 00 FFCB NOTES(CALLABLE) 31331 RB46 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 9,618,890 00 FNMA NOTES(CALLABLE) el 31364GDN6 AAA 6,700,000 5 530 10/22/2003 11/10/1999 6,444,998 00 6 64 71,014 42 • 6,482,422 86 6,397,240 40 FHLMC NOTES(CALLABLE) 3 134A2ZQ4 AAA 10,000,000 5 580 12/10/2003 11/10/1999 9,618,70000 6.66 32,55000 9,672,698.50 9,543,75000 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 6,321,089 29 6,228,640 62 1,065,727,000 1,062,880,722 43 5 85 15,533,806 42 1,061,431,117 03 1.051,034.918 87 MONEY MARKET FEDERATED PRIME OBLIGATION MUTUAL 60934N203 AAA 10,000,000 4/26/2000 10,000,000 00 0 00 0 00 10,000,000 00 10,000,000 00 10,000,000 10,000,000 00 0 00 0 00 10,000,000 00 10,000,000 00 61 ; Mg i it MI at i as a — , i P ► . Y : ►. i L INC. Detail of Securities Held: 76990800 SAN BERNARDINO COUNTY MONTH ENDED: June 30,2000 (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 TREPOAGRMT MORGAN STANLEY TRIPARTY REPO AGRMT RE0071630 A-1+ 200,000,000 7 205 7/3/2000 6/30/2000 200,000,000.00 7.21 40,027 78 200,000,000 00 200,011,200 00 200,000,000 200,000,000 00 7 21 40,027 78 200,000,000 00 200,011,200 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 50 166,530.05 10,184,192 70 10,018,750 00 10,000,000 10,292,187.50 5 50 166,530 05 10,184,192 70 10,018,750 00 TOTAL SECURITIES 1,977,295,494 1,966,418,983.78 6.21 V. 20,265,009.89 1,968,959,758.19 1,958,072,549.0 • • r1 STATE OF CALIFORNIA ,+ • ' - - PHILIP ANGELIDES, Treasurer • OFFICE OF THE TREASURER Iv C SACRAMENTO � v ;i-_ i", `; '� f7 i _ '.1 Local Agency Investment Fund „ ; 1 PO Box 942809 JUL I 3 Sacramento, CA 94209-0001 ` " (916) 653-3001 June, 2000 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 : 19,159,831.54 Total Withdrawal : 0.00 Ending Balance : 19,159,831.54 Page : 1 of 1 . • . • . . • State of California Pooled Money Investment Account Market Valuation 6130100 i ,'i� � ihiit; s.. ;u :liLiV';fIyltil�rp(,iIICa0.ii �lCo€st 019 i„� I�.IIII I11► �`�i€I 311 1 I�( 2JI Jr iIll 1 IiIII II �lIl rilt111 i ,!,di!l,.:Ii,.,i�Lr i,1 I:f€,fli,i I`aJtiY,. l i,: � , .1,.. tii,)Ertl.,Iii!;ir;�l`r'I,, ifiii fi.IU i ,t !liltlliiI,,.IIj,,,,ttI!, iIl .,.,,,;"iI l l(Jr,t't '.a',,i! I '.il,l ,ti,,,iI,II,,IIJ, t;iii:I,;t!' , ,a "I,,.It1IntI,I1 .I,;iit, lI,glLiiliD,P. cnpi.o.m ,tl,il,t€iiiil AccredtClnere.. Purch,IIIlilliiii1iAm.ortized Costiali,1,11 ;,!;1 Fair;,yaluei,Ijhie,ili,llAccruedlnerest;i, United States Treasury: Bills $ 2,223,184,982.00 $ 2,256,574,315.30 $ 2,258,929,500.00 NA Notes $ 2,322,572,542.64 $ 2,316,997,645.42 $ 2,309,085,000.00 $ 29,825,856.00 Federal Agency: Bonds $ 2,431,185,517.25 $ 2,428,896,053.37 $ 2,419,311,369.30 $ 32,899,941.42 Floaters $ 100,000,000.00 $ 100,000,000.00 $ 100,000,000.00 $ 991,910.00 MBS $ 432,815,262.66 $ 432,815,262.66 $ 412,507,903.64 $ 2,347,295.62 GNMA $ 1,305,638.09 $ 1,305,638.09 $ 1,441,319.64 $ 12,888.23 SBA $ 323,993,907.49 $ 323,880,696.10 $ 322,327,002.65 $ 2,983,605 62 FHLMC PC $ 12,643,250.06 $ 12,643,250.06 $ 13,024,860.68 $ 203,215.38 Discount Notes $ 7,296,606,695.27 $ 7,432,907,756.75 $ 7,429,212,358.89 NA Bankers Acceptances $ 36,707,467.51 $ 37,131,886 06 $ 37,095,317.85 NA Corporate: Bonds $ 695,104,747.48 $ 694,613,993.31 $ 686,206,986.30 $ 12,609,828.24 Floaters $ 1,769,780,584.20 $ 1,769,667,649.83 $ 1,778,457,657.44 $ 14,521,729.54 CDs $ 7,220,204,874.62 $ 7,218,570,202.01 $ 7,212,186,224.31 $ 93,940,208.30 Bank Notes $ 1,920,007,565.22 $ 1,920,007,565.22 $ 1,917,956,404.85 $ 36,258,177.62 Repurchase Agreements $ - $ - $ - NA Time Deposits $ 3,648,440,000.00 $ 3,648,440,000.00 $ 3,648,440,000.00 NA AB 55&GF Loans $ 2,147,797,752 96 $ 2,147,797,752.96 $ 2,147,797,752.96 NA Commercial Paper $ 10,447,950,806.65 $ 10,534,200,566.99 $ 10,533,375,848.44 NA Reverse Repurchase $ - $ - $ - $ - TOTAL $ 43,030,301,594.10 $ 43,276,450,234.13 $ 43,227,355,506.95 $ 226,594,655.97 Fair Value Including Accrued Interest $ 43,453,950,162.92 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 (.998865556). 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 $19,977,311.11 or$20,000,000.00 x .998865556. a di ,111,1!rl'tllf'i' •__- LAIF ,i'itljLl I.I,i „,,,„„ii„ ,„ (t1 • {A1 j l,i. ,}'� j,,{i ' i:i 1,1€,,,„,,,l'i'�,��i_li # ,, ;1NEW S 1;11,„4„111 ,,,, "il'1'F1''(1i'1f1,1a1 JUNE 2000 .,» .,,,.�.. ,t• ,,. .....tt.ti?{I,l'-'^^T':` 1:1'!l�i ,}��^ii:• <, , t..,..-i..............-...p.».r-,.«......,..«.,`.. , ....,9,......-......, i lrl�i' '"' 1'� I ,.' f'�iii' , 1;14'1 1' ti, :1'q3.I 't, i '! 7' I''; `i,, 1;111': ',,°7j. 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If you have a particular question or concern,or if you have a comment to make regarding the LAIF Program,please address them to Eileen Park,LAIF Administrator, at epark@treasurer.ca.gov. We have included a recent question in this month's newsletter along with our response. Q. Assembly Bill 2866 would transfer the authority of the State Treasurer"to act as Admin- istrator of Local Agency Security and to be responsible for the administration of specified statutes governing the deposit and investment of local agency funds and related matters" to the Commissioner of Financial Institutions. Does this include the LAW Program? A. No. AB 2866 refers to the administration of eligible pooled collateral securing local agency deposits. There is no connection to the administration of the LAIF Program that continues to be the statutory responsibility of the State Treasurer. 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 Pa e 1