Loading...
07-11-2000 CC Rpt A05 0j-e.44844-0 COUNCIL AGENDA STAFF REPORT cI j � !NO/ED Meeting Date: July 11, 2000 Public Hearing: 0 �y 9i y• Discussion Item: ❑ i aoH1L1 Consent Item: JULY 3, 2000 TO: HONORABLE MAYOR AND CITY COUNCIL MEMBERS FROM: CITY MANAGER SUBJECT: TREASURER'S REPORT FOR MAY 2000 RECOMMENDATION: It is recommended that the City Council: 1. Approve the Treasurer's Report for May 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 May 2000 may be seen in Exhibit A (attached). The amount of cash and investments for all funds amounts to $106,154,603.87. 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: JULY 11, 2000 SUBJECT: TREASURER'S REPORT FOR MAY 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 November 30, 2000. The investments reported in the Treasurer's Report are in compliance with the City's Investment Policy. espectfully submitted, Recommended by: 411/410 .?? ? e< Fljta4.,_41A D.ugl s N. La Belle, City Manager Stan McCartney, Finance Director DLB:SCM:ssr Att. C:AG EN DA\T R ST F R PTMAY00 • EXHIBIT A • CITY OF CHINO HILLS TREASURER'S REPORT May 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) (5) 45,536,338.55 (1) State of California Local Agency Investment Fund (LAIF) 19,159,831.54 (1) Total Investments 98,317,715.86 (2) Cash Bank of America -Checking (74,903.41) (74,903.41) Bank of America - Payroll 10,000.00 10,000.00 Total Cash in Bank (64,903.41) (64,903.41) Petty Cash 3,450.00 3,450.00 Total Cash (61,453.41) (61,453.41) Total Funds Held by City 98,256,262.45 (2) B. Funds Held by Fiscal Agents: U.S. Bank 5,558,894.80 (3) State Street Bank 1,184,796.07 (3) BNY Western Trust Company (6) 1,154,650.55 (3) Total Funds Held by Fiscal Agents 7,898,341.42 (3) Total Funds Held by City and Fiscal Agents $ 106,154,603.87 (2) II. Estimated Composite Investment Earnings Rate: 5.79% (Estimated Investment Earnings Rate for SBCPFI :5.53%;&LAIF :5.80%; Actual Investment Earnings Rate for LACPFI : 5.97%.) III. Cash Flow Transactions by Major Fund Types: Beginning Ending Cash Balance Cash Cash Cash Balance Fund 05/01/00 Receipts Disbursements 05/31/00 General Fund $ 19,857,146.28 $ 1,157,373.41 $ (1,807,610.37) $ 19,206,909.32 Water Funds 12,393,575.98 2,947,622.33 (3,411,957.38) 11,929,240.93 Sewer Funds 6,768,801.24 377,868.74 (191,420.65) 6,955,249.33 Parks & Landscape 9,534,068.19 285,735.69 (231,616.96) 9,588,186.92 Development Funds 13,602,714.67 128,828.57 (550,766.26) 13,180,776.98 Comm. Facilities Dist. 19,664,040.44 608,562.92 (20,728.27) 20,251,875 09 Assessment Districts 5,240,282.37 213,954.54 (3,660.68) 5,450,576.23 Miscellaneous Funds 19,125,543.87 2,093,565.41 (1,627,320.21) 19,591,789.07 Total $ 106,186,173.04 $ 7,813,511.61 $ (7,845,080.781 $ 106,154,603.87 • EXHIBIT A • CITY OF CHINO HILLS TREASURER'S REPORT May 2000 Page 2 of 2 IV. Funds Held by Deferred Compensation Providers - Market Month Ending May 31,2000 Value Aetna Life Insurance and Annuity Company (4) N/A ICMA 1,082,548.18 Total Funds Held by Deferred Compensation Providers $ 1,082,548.18 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 March 31, 2000; these reports are issued on a quarterly basis. The market valuation for all fiscal agents is not available. (4)The market valuation is not available as of the date of this report. (5)The County of Los Angeles Investment statement is not available as of the date of this report. (6)The Harris Bank was acquired by the BNY Western Trust Company, a subsidiary of the Bank of New York Company. The conversion of Harris accounts to BNYWTC was completed in May 2000. 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 November 30, 2000. ,&6(4 . fr1/1 i 6-ait,,tx—e-Lo. gtan McCartney Finance Director/City Treasurer City of Chino Hills Treasurer's Report Worksheet General 1 Water Sewer Parks& Development Comm Facilities II Assessment Miscellaneous Fund Funds Funds Landscape Funds District Districts Funds Total Funds Held by City: Beginning Book Balance 005/01/00 19,857,146 28 12,392,363 69 6,768,801 24 9,534,068 19 13,602,714.67 16,723,535 61 1,477,283 59 19,119,701 28 99,475,614 55 Cash Receipts 1,157,373.41 1,764,262.41 377,868 74 285,735 69 128,828 57 608,562.92 213,954 54 1,899,558 54 6,436,144.82 Cash Disbursements (1,807,610 37) (3,411,957.38) (191,420 65) (231,616.96) (550,766.26) (20,728 27) (2,898 18) (1,621,392 45) (7,838,390 52) Journal Entnes For Month (80 18) (80 18) Ending Book Balance 005/31/00 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 19,397,787.19 98,073,288.67 Reconciling Transactions 182,973.78 182,973 78 Ending Bank 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 I 17,311,370 26 1,688,339.95 19,580,760.97 98,256,2' Funds Held by Fiscal Agent: Beginning Book Balance 005/01/00 0 00 1,212 29 0 00 0.00 0 00 2,940,504 83 3,762,998 78 5,842 59 6,710,558.49 Cash Receipts 0.00 1,183,359 92 0 00 0 00 0 00 0 00 0 00 0 00 1,183,359 92 Cash Disbursements 0 00 0 00 0.00 0 00 0 00 0 00 (762 50) (1,075 06) (1,837.56) Journal Entnes For Month (4,772 52) (4,772 52) . Ending Book Balance 0 05/31/00 0 00 1,184,572 21 0 00 0 00 0 00 2,940,504 83 3,762,236.28 (4 99) 7,887,308 33 Reconciling Transactions 11,033 09 11,033 09 Ending Bank Balance Funds Held by F/A 0 00 1,184,572 21 0 00 0 00 0 00 2,940,504 83 3,762,236 28 I 11,028 10 7,898,341 42 I Summary of Cash Balances Beginning Cash Balance. Funds Held by City 19,857,146 28 12,392,363 69 6,768,801.24 9,534,068 19 13,602,714.67 16,723,535 61 1,477,283 59 19,119,701 28 99,475,6 Funds Held by Fiscal Agent 1,212 29 2,940,504 83 3,762,998 78 5,842 59 6,710,558 49 Total Beginning Cash Balance: 19,857,146 28 12,393,575.98 6,768,801.24 9,534,068 19 13,602,714 67 19,664,040 44 5,240,282 37 19,125,543 87 106,186,173 04 Ending 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 7,898,341 42 Total Ending 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 I 5,450,576 23 19,591,789 07 106,154,603 87 PGM : .FZ365 ilir REVENUE TRANSACTION LISTING BY REVENUE SOS PAGE: 3523- TIME: 01:10:32 ACCOUNTING PERIOD 11 - 05/2000 DATE: 06/03/2000 FUND/DEPT/ORG1: SED 100 100 CHINO HILLS CHINO HILLS CHINO HILLS TRN DATE ORG GRC TRANSACTION ID DESCRIPTION/VENDOR REVENUE RECEIVED REVENUE BUDGET ••• BUDGET FISCAL YEAR 2000 ••• 8145 INT & PEN DE DETAIL 8145 .00 .00 BAL FORWARD 8145 .01 .00 ENDING SAL 8145 .01 .00 ni 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 SAL 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 SAL 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 SAL 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 ••• o.vi.r 8..660 03/9b rormot 16,ut.c-o Lwa.-6 umn Idg a cmam.Ii5$ )) PGM : FZ365 DETAIL REVENUE TRANSACTION LISTING BY REVENUE SOURCE PAGE: 3524 TIME: 01:10:32 ACCOUNTING PERIOD 11 - 05/2000 DATE: 06/03/2000 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 SAL FORWARD FUND 1,800,583.18 .00 SED CHINO HILLS ENDING BAL 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 621.._sa5.17 SED CHINO HILLS ENDING BAL - CASH IN COUNTY TREASURY 33,621,545.71) CITY OF CHINO HILLS (CM002 ) PACKET PAGE NUMBER 9 ••• O..n..ic.00a 0549e - -- - - - - -- - -- - - ------ - N 411.1401i1MONNA rN810,100ffiet - c • Account Summary: 76990800 SANBE•RNARDINO COUNTY MONTH ENDED; May 31,2000 S MARKET% OF YTM AT YTM AT SECURITY TYPE PAR VALUE AMORTIZED COST MARKET VALUE PORTFOLIO COST MARKET DURATION BANKERS ACCEPT 3,016.494.00 2.980,715.03 2,977.035.24 0.15 626 6.72 0.19 CERT OF DEPOSIT 187,000,000.00 186,999.850.65 186,651,572.00 9.64 6.33 7.02 0.27 COMMERCIAL PAPER 433,781,000.00 430,093,923.16 429,773,499.99 22.19 6.36 6.68 0.13• CORPORATE NOTE 58.320,000.00 58,183,824.68 57,982,289.36 2.99 7.10 7.40 1.08 FED AGY BOND/NOTE 1,058,362,000.00 1.054,366.272.00 1.039.208,137.36 53.66 5.82 6.96 1.27 TREPOAGRMT 200,000,000.00 200,000,000.00 200.002,800.00 10.33 6.89 6.39 0.00 US TSY BOND/NOTE 10.000,000.00 10,192,432.00 9.978.125.00 0.52 5.50 6.75 1.68 . z-OTHER 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL SECURITIES 1.950.479.494.00 1.942,817.017.52 1,925,573,458.95 99.48 6.13 % 6.85 % 0.79 39 CASH/MONEYFUND 10,000,000.00 10,000,000.00 10,000,000.00 n r TOTAL INVESTMENTS 1,960,479,494.00 • 1,952,817,017.52 1,936,573,458.95 • x. n ACCRUED INTEREST 18,942,616.98 18,942,616,98 35 • a TOTAL PORTFOLIO 1,960,479,494.00 51,971.759.63450 $1.955.516.075.93 0 •M 0 V • n Detail of Securities Held: 76990800 SAN BERNARDINO COUNTY MONTH ENDED: May 31,2000 S (Excluding CashlMoncyFund) 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 RANK NADANK ACCEP 1AA99AHA6 NA 3,016,494 8110/1000. 3/15/2000 2940,847.03 6.26 0.00 2,980.715.03 2,977,035.24 3.016,494 2.940,847.03 6.26 0.00 2.WW.7IS./)i 2,974055.24 CERT OF DEPOSIT ABM AMC)CERT DEPOS 000777(020 A-I+ 10.000,000 5.940 6/1/2000 12/111999 10,000,493.46 5.93 301,950.00 10,000000.00 9,999,760.00 TORONTO DOMIINONCERT DEPOS 89112JVY9 A-l+ 10.000000 6.035 6/7/2000 2/12/2000 10,000,000.00 6.04 167,638.89 10,000,000.00 9,991,7)000 BANQPARIBAS(NJ)CERT DEPOS 06674E PRI A-1 10,000,000 6.220 716/200D 4/6/2000 10,000,000.00 6.22 96,755.56 10,000,000.00 9,995,520.00 ip' SOCIETE GENERALE CERT DEPOS 633651/Q76 A-1+ 10.000,000 6.120 7/6/2000 1/14/2000 9,999,139.20 6.13 ' 249,900.00 9,999,826.80 9993,530.00 RAW PARIBAS(NY/CERT DEPOS D6674EPK I A-I 10,000,000 6.220 7/6/2090 4/712000 9,999,973.54 6.22 96,7 S5.56 9,999,989.70 9.995,320.00 TORONTO DOMINIONCUT DEPOS 891121)(06 A-1+ 20,000000 6.130 7/12/2000 3/14/2000 20,000,000.00 6.13 269,038.89 20000,000.00 19,986,260.00 RADODANK(NO CERT DEPOS 749770)08 A-1+ 20000.000 5.640 7/20/2000 7/20/1999 19,990,389.30 5.69 993.266.67 19998,713.40 19,962.520.00 SANK OF AMERICA CERTDEI'O1S 06050EAX3 A-1 10,000.000 5.970 8/1012000 8/12/1999 10,000000.00 5.97 467,350.00 10,000,000.00 9,971,710.00 I TORONTO DOMINION car DEPOS 891123XP6 A•I+ 10000.000 6.310 9/15/2000 3/17/2000 10,000.000.00 6.31 133,211.11 10000,000.00 9958.120.00 DANK ONE NA 1LI.CERTD1POS 06422XNZ3 A-I 15000.000 6,360 9/2112000 3/24/2000 15,000.730.80 6,35 152,850.00 15,000,452.25 14,93/4725.00 TORONTO DOMINION NY CERT DEPOS 891121WU6 A•1+ 15000.000 6.290 . 9/28/2000 3/6/2000 15,000,000.00 6.29 228012.50 15,000,000.00 14,933,325.00 CIBC DANK CERT EXPOS 1360651107 A.1+ 7000.000 6.860 9/29/2000 3/31/2000 7,000,000.00 6.86 1,333.69 7,000.000.00 6,9M.502.00 , FLEET NATIONAL DANK CERT DEPOS 3390H6GW4 A-1 20,000,000 6,990 11/22/2000 5/26/2000 20,000,000.00 6.99 23,300.00 20,000,000.00 19989.800.00 SOCIETEGENERALECERTDEPOS 83365U6V5 A-1+ 10000.000 7.060 SI 2/2001 5/2/2000 10,000,946.25 7.05 58,833.33 10.000,868.50 9,967,830.00 •• 1 I CIBC DANK CERT DUOS 136065PL7 A-1+ 10000,000 7.160 S/8/200I 518/2000 10,000,00040 716 47,733.33 10,000,000.00 9,975.730.00 187.000,000 136,991,672.55 6.33 3,338,129.73 146,9YRILSI.65 186.611,572.08 c COMMERCIAL PAPER co RAW HUGHES COMM PAPER 057221,12 A-1 11.500,000 6/1/2000 5/31/2000 11.497,824.58 6.81 0.00 11,500000.00 11,497,895.50 N. m BEA R STEARNS CO.INC COMM PAPER 07389AF16 A-1 15.000000 6/1/2000 2/29/2000 14.769,050.00 &0S 0,00 15,000,000.00 14.997,255.00 n CARGILL INC COMM PAPER 141777E17 A-1 15,000,000 6/1/2000 3/33/2000 14497,183.33 6.76 0.00 15,000,000.00 14,997,253.00 4 00 `-) EQUILONCO/AM PAPER 2944130F14 A-1+ 40.000,000 6/1/2000 5/30/2000 39,985,212.22 6.65 0.00 40,000,000,00 39.992,680.00 oo MORGAN STANLEY DEAN 1Y1171ER COMM 61745A F12 A-If 5,000,000 6/)12000 3/3/2000 4,925,615.00 6 04 0.00 5,000,000 00 4,999,08540 5 R&(R STZ:ARNSCO/NC.COMM PAPER 07389AF57 A-1 7,300.000 6/512000 1/31/2000 7.344,862.50 6 03 0.00 7,495,074.97 7.493.145.00 N REAR STEARNSCO.INC.COMMPAPER 07389A F73 A•1 7,500,000 617/2000 1/20/2000 7.329,145.83 6.04 0,00 7,492,625.02 7.490.400.00 BANK OF AMERICA CORP COMM PAPER 06601,0F99 A.1 9,000,000 6/9/2000 2128/2000 8.841,530.00 6.04 0.00 11,981,120.00 8.983.195.00 CENTRICCAPMTAL CORP COMM PAPER 1563X01•'95 A-1+ 12,520,000 6/9/2000 4/14/2000 12.401,588.62 6.14 0.00 12,503,064.10 12,499,404.60 GENERAL ELECTRIC CAPITAL CORP CO/AU 369591-1F04 A-I+ 10,000,000 6/13/2000 5,30/2000 9,974,644.45 6.34 0.00 9,978,266.70 9.976,260.00 MONSANTO CO COMM PAPER 61166AFD6 A-1+ 5,761,000 • 6/13/2000 2/18/2000 5.650,548.83 6.07 0.00 5,749,574.03 5.747,323.39 REAR.STEARNSCO.INC COMM PAPER 07389AFE8 A-1 7.500,000 6114/2000 1/20/2000 7.320,541.67 6.04 040 7,464,020.80 7,410,830.00 o N n - • ' ,•-, it IIIIMIESIMISINIIINMMETMINAMMTriphIiNiiiii Detail of Securities Held: 76990800 SAN BERNARDINO COUNTY MON1I.1 ENDED: May 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 GOLDMAN SACHS GROUP.LP COMM 381421FL4. A-1+ 8,000,000 6/202000 512/7000 7.931.50&B9 6.34 0.00 7,973,442.14 7,970.818.00 BEAR STEAMS CO.INC.COMM PAPER 07389AFNS A-I 5,000,000 6/222000 1/20/2000 4,873,805.56 6.05 0.00 4,982,791.65 4.979,945.00 GMAC COMM PAPER 37042DFS7 A-I 15,000,000 6126/2000 4/11/2000 14,607.466.67 6.16 0.00 14.936,666.70 14.921.945.00 MONSANTO CO COMM PA PER 61166AFU8 A-1+ 6,000,000 6/282000 1/282000 5,850,533.33 6.05 0.00 5,973,450.00 5,969,406.00 CA/AC COMM PAPER 370420031 A-I 15,000,000 7/3/2000 4/42000 14,770,125.00 6.23 0.00 14,911,266.63 14,909,88000 MORGAN STANLEY DEAN J1777ER COMM 61745A052 A-1+ 20.000,000 7/5/2000 3/7/2000 19,600,000.00 6.12 0.00 19,816.666.60 19.872.400.00 ROYAL 84104'OFCANAOA COMA/PAPER 76039A057 A-1+ 10.000,000 7/5/2000 4/52000 9.845,805.56 6.20 0.00 9,941.388.90 9.936,100.00 • MERRILL LY7IC?I&CO INC COMM PAPER 590181CA6 A-1+ 10.000.000 7/10/2000 4/102000 9.845,300.00 6.22 0.00 9,933.700.00 9.926,890.00 REAR STEARNS CO.INC.COMM PA P871 . 07389A0133 A-1 10,000000 7/112000 VI 3/2000 9.702,500.00 6.13 0.00 9,933.688.90 9.925,020.00 BEAR STEARNS CO.INC COMM PAPER 07389A0D3 A-1 10,000.000 • 7/1112000 5/31/2000 9,924,719.45 6.66 0.00 9,926,555.60 9,925,020.00 CMAC COMM PAPER • 37042011/5 A-1 15,000,000 8/11/2000 4/20/2000 14.690,000.00 6.33 0.00 14791,500,05 14.780,730.00 GENERAL ELECTRIC CAPITAL CORP COMM 369591111242 A-I+ 15,000,000 821/2000 4/42000 14.640,916.67 6.35 0.00 14,790.750.00 14.772,375.00 GENERAL ELECTRIC CAPITAL CORP COMM 36959HU242 A-1+ 10,000,000 821/2000 4/3/2000 9.763,166.67 ' 6.31 0.00 9,861,400.00 9,848,250.00 GAIAC COMM PAPER 37042DH/dB A-1 10,000,000 8/21/2000 4/28/2000 9.795.873.00 652 0.00 9,856,225.00 9,848,250.00 MERRILL LTNCII&•COINC COMM PAPER 590181H/47 A-1+ 10.000,000 8/222000 4/10/2000 9,770,711.11 ' 6.30 0.00 9.859,688.90 9,146,390.00 _ NATIONAL BANX OPCANADA 7f1) COMM 63306THP3 A-1 10.000,000 8/232000 425/2000 4.792.333.33 6.36 0.00 9.856,363.90 9,144.530.00 MERRILL LYNCH&CO INC COMM PIPER 5901811W9 A-1+ 10,000,000 • 8/29/2000 4/10/2000 9,758,733.33 6.31 0.00 9,847.711.10 9.133,370.00 DEAR STEARNSCO./VC COMM PAPER 07389A733 A-I 10.000,000 9/52000 4/7/2000 9,739.944.45 6.37 0.00 9,834.666.70 9.820,170.00 i MERRILL LYNCH&CO INC COMM PAPER 590187/54 A-1+ 8,500,000 9152000 3/31/1000 8,346,551.39 6.82 0.00 8,341.133.30 1,347,14430 MERRILL LYNCH&CO INC COMA/PAPER 390111/62 A-1+ 10.000,030 9/62000 4/26/2000 9768,358.33 6.42 0.00 9,831,058.30 9,118,270.00 MARSH USA COMM PAPER 37171L375 A-1+ 10.000,000 9/7/2000 4/10/2000 9,741,666.67 6.36 0.00 9,831,222.20 9,116,380.00 MARSH USA COMM PAPER 371761/83 A-1+ 10,000,000 9/82000 3/15/2000 9,700,083.33 6.19 0.00 9,832,250.00 9,114,480.00 MARSH USACOMM PAPER 371781/06 A•1+ 10,000,000 9111/1000 3/16/2000 9,695.700.00 6.31 0.00 9,626,60000 9.808,190.00 GENERILELECTRIC CAPITAL CORP COMM 369391000 A-1+ 10.000,000 9/13/2000 4/26/2000 9,756.166.67 6.43 0.00 9,818,166.70 9.104.990.00 40 MARSH USA COMM PAPER 571781/M2 A-1+ 10,000,000 9/21/2000 4/24/2000 9,739.583.33 6.42 0.00 9,803,555.60 9,789.750.00 i MARST!ULNA COMM PAPER 57178UN0 A-1+ 10,000.000 9/22/2000 4/25/2000 9,739.583.33 6.42 0.00 9.803,819A0 9.787.850.00 3 GOLDMANSACWSGROUP.LP COMM 381427186 A-14 5,000.000 . 11/8/1000 3/232000 4.841.093.06 6.99 0 00 4,849,553.55 4.141,670.00 GOLA14ANSACHSGROUP.LP COMM 38142TLF0 A-I+ 3000.000 11/15/1000 5/232000 4.834,511.11 7.00 0.00 4,842.973.60 4.841,860.00 433,781,000 126.312,20927 6.36 0.00 43/;.193,923.16 419.77..!99:99 1 CORPORATE NOTE 4 GENERAL ELECTRIC CAPITAL CORP NOTES 3696201116 AAA 8.600.000 5.520 1/161001 5/12000 8.525,008.00 6.80 100,218.67 8,533,677.91 8,521,017.60 GENERAL ELECTRIC CAPITAL CORP MYN 369620ME1 AAA 9,720,000 5.920 4/3/2001 3/6/1000 9.644,864.40 6.68 121.478.40 9,661,319.47 9.613,101.76 MERRILLLYNCH&CIO.INC NOTES 39OIISMY7 AA- 5.000,000 7.050 5/8/2001 5/102000 4.992.200.00 7.22 15,666.67 4,992,723.80 4,980,275.00 i • . i n = Detail of Securities Held: 7699080P SAN BERNARDINO COUNTY MONTH ENDED: May 31,2000 (Excluding Cash/Moncyrund) SECURITY TYPE SSCP MATURITY PURCHASE ORIGINAL YTM ACCRUED AMORTIZED MARKET DESCRIPTION CUSIP RATING PAR' COUPON DATE DATE COST AT COST INTEREST COST VALUE MERRILLLYNCII&CO./NCMTN 5901383W0 M- 20,000,000 7.030 10/11/2001 4/1212000 20000,000.00 7.03 ' 191.372.22 20,000,000.00 19,864,360.00 MERRILLLYNCH&CO.INC NOTES 59018S6S1 M• 15,000,000 7.570 11/9/2001 5/11/2000 14,995,950.00 7.59 63,083.33 14,996.103.30 15.001.333.00 58,320,000 58,158,023.40 7.10 491,819.29 511,,16.1,821.611 57.982.21111.11 FED AGY DON D/NOTE FHLB NOTES 3133344P56 AAA 11,4 50,003 5.705 6/12/2000 12/23/1998 11,566,446.50 4.98 306.65L67 11,452,463.96 11,446,421.87 FNMA NOTESIV4LL,4BLEJ 31364FW80 MA 10,000,000 3.750 7/7/2000 3/17/1999 30,017,968.75 5.60 230000.00 10,000,000.00 10,003,310.00 FNMA NOTES 31364F2M2 AAA 9,325.000 5.560 7/24/2000 3/14/1999 9,372,930.50 5.15 182,904.69 9.330,185.19 9,323,806.40 • FNMA NOTES 313640016 MA 10,000,000 5.620 3/9/2000 8/9/1999 9,984.200.00 5.78 174,644.44 9,996.974.00 9,994,E 10.00 FNMA NOTES 31364F4V0 AAA 15,000,000 3.490 8/18/7000 4/2911999 15,067,800.00 3.12 235.612.50 15,011,562.90 14,965,005.00 'NAM NOTES 31364F5Y3 AAA 10,000000 5.440 9/1/1000 11/20/1998 10,080,870.00 4.96 136.000.00 10011,830.00 9,980,730.00 MLR NOTES 3333916L3 MA 10.910000 6.165 9/18/2000 12/23/1998 11,119,799.50 4.99 136,388.64 10,947,200.15 10,192953.12 FFCBNOTES 3133126R1 MA 25,000.000 5.550 9/18/2000 7/1/1999 24.993,500.00 5.55 242.813.50 33,000000.00 24,933,323.00 FFCBNOTES 313311(621 AAA 50.000,000 5.350 9/28/2000 7/1/1999 49,987,000.00 5.55 465.625.00 30000,000.00 49,867050.00 . Filth C NOTES 3134A31JC8 MA 13,000,000 5.545 9/28/2000 7/111999 24,997,000.00 5S5 627.663.19 14,991,917.75 24,914,062.50 FHLMC NOTES 3134A3UC8 AAA 50,000,000 5.545 9/28/2000 7/1/1999 49.994,000.00 5.55 1,255,32639 49,997.975.50 49,828,125.00 FNLB NO TEE(C/LL4lJ LA) 3133M5QQ6 MA 10,000,000 , 3.310 9/29/2000 9/29/1991 10,000000.00 3.31 91.450.00 10,000,000.00 9959,375.00 FNMA AM 31364GCS6 MA 9,500000 ' 4.450 10/1611000 412911999 9,402.031.25 5.19 52,843.75 9,474,328.62 9430,,745,00 FNMA NOTES 31364CHX0 MA 17.000000 4.840 11/2712000 12/16/1998 ' 16,989.709.90 4.87 9,142.22 16,997,490.12 16,830,485.00 FNMA NOTES 313640E57 AAA 40000,000 4.720 12/11/2000 12111/1998 39,842,000.00 4.93 891,355.56 39956,62000 39,586,360.00 . FNMA NOTES 31364FK130 AM 6,500,000 5.900 12/19/2000 2/3/1999 - 6,593,600.00 5.08 171.575.00 6,328,522.00 6,468.839.00 FHLB NOTES 3133M681J5 AAA 20,000,000 4.885 12/21/2000 12/26/1996 19,994,800.00 4.90 415,225.00 19,998,462.00 19,793,750.00 FNMA NOTES(CALLABLI) 31364GSZ3 MA 3,000,000 5.150 2/9/2001 4/19/1999 2,986,875.00 5.40 41,066,67 2.994,949.26 2,964012.00 RAMC DEAUINTURES(CALLABLE) 31344313B1• AAA 20,000,000 5.375 31 112001 3/2911999 19,975,000.00 5.44 268.750.00 19.990,480.00 19,775000.00 FHLB GLOBAL NOTES 3133M7XP6 MA 10,000,000 5.375 3/2/2001 12/30/1999 9,867,100,00 6.36 132,881,94 9927,352.50 9,884,375.00 Fl/LB GLOBAL 8O1'JDS 3133M3028 MA 5,700,000 5.623 3/19/2001 12/30/1999 5,649.535.00 6.38 64,125.00 5.666,961.66 5,643,000.00 FMB NOTES 3133MBC96 MA 10,000,000 6.660 4/6/2001 411312000 10,005,400.00 6.60 101.750.00 10,004.706.40 9,968,750.00 FNMA NOTES 31364C0M9 AAA 14,000,000 6.450 4/23/2001 4/22/1999 14,325,640.00 5.21 95,316.67 14.149,438.44 13,919,17E00 FMB NOTES 3133M88484 MA 11,000.000 5.195 4/27/2001 4/17/1999 10,988,65411 5.25 53,970.21 10,994.723.30 10,821.150.00 1 FHLB NOTES 3133M45123 AM 4,603,000 3.730 4/3D/2001 12/30/1999 4,567,146.90 6.39 22.101.15 4,579,066.89 4,550.315.62 FMB NOTES 3133148761 AAA 5,000,000 5.385 5/17/2001 5/17/1999 4,967,650.00 5.52 10,470.83 4993,898.45 4920,312.50 4 MAC REFERENCE NOTES 3134A3UQ7 MA 20,000,000 5.730 6/15/2001 3/31/2000 19,772.000.00 6.72 530,277.78 19.606,664.20 19,725000.00 FNMA NOTES 31364C117C1 MA 28,425,000 6.670 8/1/2001 10/15/1998 29,789,400.00 (.81 631982.50 29017.272.68 28,265,166.22 RUB TAP NOTES 3133M9F49 MA 25,000,000 5.875 8115/2001 1/31/2000 24,687,500.00 6.73 431,465.28 24,757.56300 24,625000.00 MMIIIIIIIIIIIIMINMMIIIIIMVrtjidiOjhYtigiNJeNitriPhPiDialifiNidliMMIIIMIMIIIIIIIINIIIIIIIIIIMia co cm Detail of Securities Held: 769904100 SAN BERNARDINOCOUNTY MONTH ENDED: May 31,2000 g (Excluding Cash/MoncyFund) • SECURITY TYPE 5&P MATURITY PURCHASE ORI CI NAL YTM ACCRUED AMORTIZED . MARKET DESCRIPTION Cl/SII' RATING PAIL COU PON DATE DATE COST AT COST INTEREST COST . VALUE FNMA NOTES(CALLABLE) 31364 F4X6 AAA 10,000,000 5.780 8/20/2001 10/22/1991 10,062,000.00 5.54 162,161.11 10,000.000.00 9239230.00 FHLB NOTES 3113M51145 MA 4,500,000 1575 6/28/2001 10/15/1996 4,594,921.88 4.78 64,809.38 4,342,736.81 4,414.211.75 FNMA NO7ES(CALLABLEJ 31364GAP4 AAA 10,000,000 5.450 9124/2001 9/25/1998 10,000,000.00 5.45 101,430.56 10000.000.00 9,787,47000 FNMA NOTES(CALLABLE) 31364GAP4 AAA 10,000,000 5.450 9/2412001 9/2511998 10,000,000.00 5.45 101,430.56 10,000,000.00 9,787.470.00 FNMA NOTES(CALLABLE) 313640AP4 AAA 10,000,000 5.450 9/2412001 9/25/1998 10,000000.00 5.45 101,430.56 10000.000.00 9,787,470.00 'we Nora 3133M5XY1 MA 17,300,000 4.630 10/9/2001 10/15/1998 17,428,000.00 4.78 117,036.11 17.466.403.77 16.920,312.50 FNMA NOTES(CALLABLE) 313640E47 AAA 12,000,000 3.500 10/12/2001 4/19/1999 11,910000.00 5.55 19,833.33 11,991.606.12 11,743,356.00 FMB NOTES(CALIABLE) 3133M5XE3 MA 20,000,000 5,140 10122/1001 10/22/1998 20,000,000.00 1.14 111.366.67 20/000,000.00 19456,150.00 • Fl lED NOTES(CALLADL 8) 3133M5YQ7 AM 20,000,000 5.260 10/26/2001 10/26/1998 20,000,000.00 5.28 102,666.47 20,000,000.00 19,437,500.00 FIILDTAPS NOTES 3133MABE8 AAA 10,000,000 6.000 11/1512001 12/16/1999 9,924,800.00 6.42 26,666.67 9,942,537.60 9,834,375.00 F/ILBNOTE>S 3133M6PF9 MA 10,000,000 4.935 11/20/2001 11/20/1998 9,996,173.00 4.97 15.140.28 9,998,412.40 9.690,625.01 FMB NOTES 3133M6PF9 AAA 10,000,000 4.955 11/20/2001 12/24/1998 9,968.700.00 5.07 15,140.21 9,983.836.90 9,690,625.00 FHLB GLOBAL NOTES 3133 M7DR4 AAA 20,000,000 4.875 1/22/2002 10/7/1999 19.412,366.00 6,27 349.375.00 19.572,404.40 19,261,25000 FFCB NOTES 31331 HP27 AAA 20,000,000 6.625 2/112002 1/242000 19,947,000,00 6.77 482,152.78 19.956,133.40 19,812.500.00 FHLB NOTES 3133M7K88 AAA 9,700.000 5.015 2/11/2002 4/21/1999 9,628,026.00 5,30 148,639.03 9,655,784.19 9,363,53123 FHLB NOTES 3133M7LY0 MA 5,500.000 5.070 2/11/2002 12/16/1999 5.343,745.00 6.50 35,204.17 5,375,741.51 5,314375.00 _ FNMA NOTES 3133863E7 MA 9,300,000 7.300 2/11/2002 3/27/2000 9,315.168.00 696 213,125.00 9,377,947.65 9230435.64 FHLB TAP NOTES 3133MAT74 MA 10,000,000 6.750 2/15/2002 222/1000 9,953.900.00 7.00 210000.00 9.960,229.10 9,925,000.00 FWUJ NOTES 3133147773 AAA 5,000000 1.240 225/1002 5/3/1999 4,977.650.00 • 5.41 69,866.67 4,966097.65 4,140.625.00 FMB GLOBAL NOTES 3133M7 VB9 MA 15,000.000 5.123 2/26/2002 1/31/2000 14.500,300.00 6.87 202,864.58 14.530,069.60 14493,730,00 FHLB NOTES 31333.114A9 MA 5,000,000 •5.505 3/1512001 5/311999 5.012.050.00 5.41 58,108.33 5,007,957.80 4,337,112.50 li FNMA NOTES 3i364CZY7 AM 10000.000 6.670 3/272002 11/19/1993 10,496,900.00 5.04 118,577.71 10,210,372.90 9011.110.00 FNMA NOTES 31364C093 AAA 8,362,000 6,820 4/29/2002 11/12/1998 1,830,272.00 5.04 50,692,3D 1,630,312.63 3.306,166.93 D FFCB DESIGNATED BONDS 31331HWTO AAA 5,000,000 5.250 5/1/2002 12/3/1999 4,171,550.00 6.41 21.875.00 4,896,620.35 4,325000.00 • INLO GLOBAL NOTES 3133MDER4 AAA 7,500,000 6,750 5/U2002 4/27/2000 7,476,297.30 6.92 49,216.75 7,477296.22 7.434.375.00 o FHLB GLOBAL NOTES 3133MB1R4 AAA 7,500,000 6.730 5/12002 4/272000 7.476,292.50 692 49,211.75 7,477.288.72 7434,375.00 3 FilL MC REFERENCE NO TES 3134A3RE8 AAA 10.000,000 5.500 5/15/2002 1213/1999 9,794,143.66 6.42 24,444.44 9.1134.100.20 9,687,500.00 FHLMCREFERINCENOTES 3134A3 RES AAA 10,000000 5.500 5/15/2002 1229/1999 9,762.600.00 6.59 24,444.44 9,802,370.40 9,637,50000 > FHLB NOTES 3113168SU9 AAA 10,000,000 5.435 5/17/2002 12/2911949 9,743,560.24 6.61 21,136.11 9,736,858.80 9,67 5,000.00 ' F JC NO TES(CA L.L.4BLE) 3134A20Y1 MA 5,000000 6.000 5130/2002 4113/2000 4,901,050.00 7.01 133.33 4,907,29735 4,832.812.50 1 FNMA NOTES 31364C2C 1 AM 5,000,000 6.410 7/8/2002 4/14/2000 4,953,450.00 6.86 127,309.72 4,956,331.53 4,921.703.00 F/ILl TAP NOTES 3133M9FE7 AM 25,000,000 6.000 8,75/2002 10/20/1999 24,719,017.83 6.43 441,666.67 24,780,355.25 24,359,375.00 > FHLB NOTES 3133M0088 MA 15,000,000 7.000 8/15/2002 4/17/2000 15,052,929.84 • 6.34 166,250.00 15,049,967.40 14,915,625.00 1 i J > 4 4 ' . I'. . h► , 4 t'IENT INC. 1 1. Q Detail of Securities Held: 76990800 SAN BERNARDINO COUNTY MONTH ENDED: May 31,2000 (Excluding Cash/MoncyFund) • SECURITY TYPE S,4? MATURITY PURCHASE ORIGINAL YTM ACCRUED AMORTIZED MARKET DESCRIPTION CUM? RATING PAR COUPON DATE DATE COST AT COST INTEREST COST VALUE FNMA NOTES(CALLABLE) 31364FAR2 AAA 9,465,000 4.540 9/18/2002 10/16/1998 9,717,999.45 3.77 125,321.68 9.505,600.21 9,292,964.16 FIILMC REFERENCE NOTES 3134A3T48 AAA 15,000.000 6.230 10/13/2002 3/8/20D0 24,408,750.00 7.32 199.652.78 24,423,352.00 24,429.687.50 FHLB TAP NOTES 3133MACZO AM 10,000,000 6.250 11/15/2002 4/17/2000 9,858,183.16 6.86 27,777.78 9,865,067.30 9,762,500.00 FNMA NOTES 3135866A2 MA 18,000,000 6.800 1/10/2003 10/28/1998 19,316,880.00 4.85 479,400.00 18,149.572.10 17,769,373.00 FMB NOTES 3333M21322 AAA 15,000,000 5.660 111312003 3/13/2000 14,493.450.00 6.99 325,450.00 . 14,529,115.75 14,404,617.50 FHLB NOTES(CALLABLE) 3133M21$7 AAA 7,355,000 5.860 1/16/2003 4/6/2000 7,141,043.05 7.03 161,626.13 7,132.280.75 7,090,679.69 FMB NOTES 3133/42232 AAA 4.275,000 5.500 1121/2003 2/7/2000 4,094,766,00 7.11 84,906.25 4.112,530.50 4017068.73 i FHLB NOTES 3133142307 AAA 6.230000 5.610 I/23/2003 2/7/2000 6.001,125.00 7.12 124,666.67 6,023,594.62 5,992,18750 FFC8NOTES(C.(LLABLE) 31331RV77 AAA 10,000,000 3.650 1/27/2003 4/13/2000 9,643,750.00 7.08 194,611.11 9,659,839.20 9,394,21040 FNMA NOTES(CALLADLEj 313640WV7 AAA 5,000,000 3.875 313/2003 4/6/2000 4.845,90000 7.06 71,805.36 4,853,433.50 4,813,085.00 FNMA NOTES(CALLABLE) 313640WV7 AAA 1,000,000 3.875 3/3/2003 4/712000 968.070.00 7.11 14,361.11 969.603.45 962,617.00 FNMA NOTES(CALLABLE) 3136401176 AM 14,590000 6.000 511912003 312312000 14,134,062,30 7.12 29,180.00 14,160,241.79 14,035,594.59 L FNMA NOTES(C4LLABLE) 31364FY54 AAA 10,300,000 6.010 7/17/2003 10/2211998 11,074,570.31 5.62 243,839.06 10913,326.12 10.463.716.60 FNLBNOTES(CALLABLEI) 3133M5HN3 AAA 10,000000 5.910 9/8/2003 10/23/1998 10,150,000.00 5.35 136,258.33 10,022,401.60 9,353.125.00 FNLMCNOTM(C4LL4BLE)' 3134AIRWO MA 10,000,000 3.750 9/18/1003 9118/1998 10,000,000.00 5.75 116,597.22 10,000,000.00 9,506,250.00 FHLMCNOTES(C4LLADLE) 3134A2RW0 MA 10,000,000 5.750 9/18/2003 9/13/1998 10,000,000.00 5.75 116,597.22 10,000,000.00 9,506,250.00 FFCB NOTES(CAL/ABLE) 31331111346 MA 10,000,000 5.750 9129/2003 9/19/1998 10,000,030.00 5,75 99,027.78 10.000,000.00 9.511.620.00 FFCB NOTES(CALLABLE) 31331113/6 AAA 10.000,000 5.750 9/19/2003 9/29/1998 10,000,000.00 5.73 99,027.78 10,000.000.00 9,5 41✓620.00 FNMA NOTES(CALLABLE) 313640016 AM 6,700,000 5.530 10/22/2003 11/10/1999 6.444,998.00 6.64 40,138.58 6.477,491.66 6,322066.40 D PAiLl/C NOTES(CAL/ABLE.) 3131A2ZQ4 MA 10,000,000 5.510 12/10(2003 11/10/1999 9,618,700.00 6.66 265,050.0D 9,665,612.00 9.428,125.00 a FHLB NOTES(CALLABLE) 3133M5VY3 AAA 6,530,000 5.635 4/19/2004 11/10/1999 6,287,345.00 6.69 43,060.79 6.316034.94 6,150.859.37 O 1,058,362,000 1.056,025,357.73 5.82 14,962,149.51 40.31..146,i72.00 48.19.20/4137..14 o MONEY MARKET o FEDERATED PRIME OBLIGATION MUTUAL 609341203 AAA 10.000,000 4)26/2000 10,000,000.00 0.00 0.00 10,000,000.00 10,000,000.00 A D 10,000,000 10.000,000.00 aoo 0.00 )0,000,000.0B 140011Vaa04 • 3 TREPOAGRMT MORGAN STANLEY TRIPARTYREPO AGR T RE0069618 A-1 200,000,000 6.893 6/1/2000 5/31/1000 100,000,000.00 6.89 38,291.67 20D,000,000.00 200.002,800.00 200,000,000 200,000,000 00 6.89 38,291.67 20(1,001218/0.00 /PO.002.400.00 r US TSY BOND/NOTE CIS TREASURY NOTES 91282721'6 AAA 10,000,000 6.623 3/31/2001 5/20/1999 10,292,187.50 5.50 112.226.78 10,192,432.00 9978,125.00 -4 10,000,000 10,292,137.50 5.50 111,226.78 /0.192.43 2.00 Y.518.45.00 TOTAL SECUIUTIES 1,960,479,494 1,950,720,496.48 6.10 % 18,942,616,98 1,952,817,017.52 1,936,573,4511,95 J 3 ATE OF CALIFORNIA PHILIP ANGELIDES, Treasurer OFFICE OF THE TREASURER, SACRAMENTO - --- Local Agency Investment Fund i _ { i-- f l Cr fl ^s PO Box 942809 Sacramento, CA 94209-0001 i I JUN 2 I =�. (916) 653-3001 ' r` May, 2000 Statement F.: _ _�._- . . . ..,1 CITY OF CHINO HILLS Account Number : 98-36-151 Attn. FINANCE DIRECTOR 2001 GRAND AVENUE CHINO HILLS CA 91709 Account Sunuuary 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 5/31/00 li.'I�it i in!' „;,�r;�1t I ,',i,,,I,t,ll,ll,�i i1{pit{,III����'�,{I ills,,i`i{.,",,,��:�,a,,,�,1.,.�allu„I�1 1„i;,,;t � �;�slurl( I '{ {I 111 �1, t3t•{� ,!t,'.I'�Ij 111 1 X11 1{4 jl j.�:N!jr �1 1� j '�t'��I"��,i ' !'' �'. '� .l i ,,f, i , iLi;l, 'ii,l1pl I':,,'! 1 �Itil II ciiiiving!�'o tIPIU$ ll 1I,i!1l,il ill,l1l TMI! it w •i!i;ll;!:1, uli i1,1111' :1;,1 '11 !'111' !I•Iiil1ii p,11!.1!I, 1, dill,I�{.1;1 �,1111 1 S 41n� .1i1 I'bill I I i'�ii 1111 P,I ilv ,lii Illj{1l l41,1:m�{ 1� �! ' , I i .,111,,:-.:!111 1, ii t11:11,1,:.,;,111,11111,1,.1;.„,„( I (: 1;0„1 f l t' I 5,,;±111' {,. ,! I� , 1 1 '�, :fl � 1 ��l ,4 II l LEI I Ili d i � I � � �' 61���,, � � I � ia'll,.,,.yl 1•,.,.,, � ' i�i'1{ii�ili-'.I Descripti;on l}1II,li1111111 If,;Acc'rue,d l,I,nteresfi,�Purch,.,1�,lili�I I iI,I��i;II�I�;F,ar;NaIue„i !lillil�'.Ilii,1,' 1 ccr;`ue,d!4l nterest it United States Treasury: Bills $ 1,604,021,273.70 $ 1,627,962,077.60 NA Notes $ 2,123,271,224 02 $ 2,102,898,500.00 $ 18,097,375.75 Federal Agency: Bonds $ 2,330,248,239.47 $ 2,314,326,302.20 $ 32,716,561.34 Floaters $ 100,000,000.00 $ 100,000,000.00 $ 4,508,680.00 MBS $ 435,388,054.06 $ 410,442,526.18 $ 2,361,354.11 GNMA $ 1,315,276.56 $ 1,455,752.06 $ 12,990.18 SBA $ 317,534,485.09 $ 316,688,462.34 $ 2,914,269.91 FHLMC PC $ 12,921,808.13 $ 13,296,871.80 $ 207,712.16 Discount Notes $ 6,572,323,955.01 $ 6,695,486,952.19 NA Bankers Acceptances $ 36,707,467.51 $ 36,869,845 49 NA Corporate: Bonds $ 683,733,399.76 $ 673,524,329.65 $ 8,823,590.65 Floaters $ 1,760,283,020.42 $ 1,769,061,695.84 $ 12,651,116.38 CDs $ 7,648,214,256.66 $ 7,636,615,421.09 $ 116,619,522.50 Bank Notes $ 2,275,007,565.22 $ 2,271,168,496.10 $ 46,691,903.02 Repurchase Agreements $ - $ - NA Time Deposits $ 3,424,190,000.00 $ 3,424,190,000.00 NA AB 55&GF Loans $ 1,519,862,610.69 $ 1,519,862,610.69 NA Commercial Paper $ 11,788,945,116.72 $ 11,881,905,859.72 NA Reverse Repurchase $ (609,402,500.00) $ (609,402,500.00) $ (3,380,698.34) TOTAL $ 42,024,565,253.02 $ 42,186,353,202.95 $ 242,224,377.66 Fair Value Including Accrued Interest $ 42,428,577,580.61 Repurchase Agreements, Time Deposits, AB 55& General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value(carrying cost). • • • • LAI F N E WS Ij iiL(rll V�i i'1�I il'lil i May 2000 19a,i(I' I I E (I�E:,'q'� '(•':` ' , i I rf I I, i t�,,i' i {' ' �,: ul' „ , " ,','LO.CALAGENCY`INVE �MENT FUNDS ! , '! d' , '1, i'' I d, , ,,,u �tl!r!', ,; �(r:: i,, ,1 i(. i' '1',.'1'.1:1 t , 3 q( lilt ,{ „ , '' ,.,I,. ,,;'" ' 1SUMMARYrOF'IAC"TIVITYI,I ,, ,I 1� ,,E, '1° # i i,' ,{' I. :,I,,' " 'llr,, '''I,. 1 „� ' , t :I, l,i, I ', ,,1, .�" 1 61 Lt 1' It'',;;; d'i i III II,,1' .,r :p„ t, 111Iny �I,,'I '1 h1,�4",i d! "P;# ', ,,{.,e :'I.#��.:1'i,:,rr •h 'f,ti, ` s .i',' 'vi, ,i,'. � '�I '� I'� '�I , ,,( IIT I'�, ,i IiI IIf .I 1''',.y li'; '11 i „I• �i,'# 'd, , 'r" I' ;F' i s l ;'11;1!,,,!'tt:;l'd', ; ;I:,,) II I:1 i, � 1,,,,I;;; ,I M I (},.,'I'fl"'1'I II'I'''11'l I ! '' , I I. I,, 11'{'I; !,,•t;..L•17111 I?(, a II;,;f, .'MAYi1200,0'a!i t'!I !,,'.,t#I,' I,•r, 'I!#,, 'I,:' :; ,I; I, `I ,r t1 L� i,lrl!i!"I;II,:,II„1„ ,I,I I,I•,d 6°'i; '+II ,I r'l,' 1t �;' I: I' ;r 'I,' 'r' ul' ,;P,,'ll;i r' 'i,:,��ii�iil( 1+1��, 1<,!��',! t i:�,ii, ,iq't'.��,i I.e, ,cI1!i(Iti�r`i1 rs{ ,.� !� I (;.1,''1,11+.(,,„t"'l.' ;!' 1' �I,' � r�'�i ri,, iilh:l„I I' n P'';' ) 4;,;;;;;;;,,,,,,t;,4„1I, i''1 1, t ,1 iS' „'It t' q-11;u:i„,{ u, ,, ; ,' I I , { I+h '� ,li„I,.,II I!I,Ir„� 1,I �b�`'�I, ';" � �j'.� Ip.• rd.r " � 1 1, i rl 1,., i . I' '� ', $EGINNING'B.L NCE 4;i'; ;;;.'!;D ;POSITS;;,,1' ' III+i ";i'"t'WI I HDRAWALS'i' "t MONTH'. ND BALANCE y.: .i ,is aJ Ir h'1; ,6. 'r t4.'(1,''t•'Id',u+•:I;II".;;III!' °11,'11. a;1'I L!'ru,,,nll l; :r ir'• '' 1ij i ##,.':t ` 1" • tp"� ,,. � ,i'',1i r ,r ,i,i„i I' ! '$13`274 591,390.72;1�!;lI11 t$1�420`916150:0100'''1'',1!''I i?$1'161'9 816' 188.67`; t'i' 'I'I' , '$13'075.691 702:'05 . ' �, � � I;,' � , > II+ ,. h � ', I' I, ,� i' ..I, ,.0: ,I 1 P• 'd,"',nl l �I,i, '''';'St` ;,r,,•';ilj��:,,, r!� :d,1(y' i,,��, ,I,,!It `�' !i it,'#' ' 1i, I, r'i,P{I„ ',i'i1„' i1'il , i'' I i i ,. 7 , „{h, ! t i,;:hh�'�i I:,, I ;'i,,l.,:' 'n';:�,�I';,,..,, ,#,. ,i '! '!„ ;,, 19• �'(• 1 ir,' 'I� li"1II'hl,. ,I�I,�3iII�,hj%I•f''Isl, �� ''I ( I rl ,�l,l„ :j i {,r,n:; :I,I'I "',,,r' i�i,i•,' � �.,.t ,,#::' :I,, ;•, r• �i" ,,'};.:I,: , •ittl',+;i` .i,�'i f1:, t'imi tt'Tilt Li, I,( �,I�I ;i,l q,,, •, :,i'•�',r I'' ',,, ,(, ll,yr.;j,:ii•r';'4"f,l#I#, , Ir r I;,.j I(I I)IIt tiif l4I 1 �'}! rl1;!;! t ,1';t li'i, ,•1 f,'' f" a( ,f f': ,• "'' ''' II• !i•i.i{',, i•,I:j l"t#:,I!''i!;114;tl,f{i) ,I,.I%,:�!#''II#II E1if li1'I{,III,,II1,1{#),t,I«I' 1�'i I i'`,I%I!, ;Vi,, it , �•b,, i,P' ' i ,ji}; i ,. �' :il, 3 i 1; Illt'I, I�, I; I'I% i,,,ull!,i IJ''' '11: '•I, �I bili I. ''{i, '!I� �t I i'i il•; ;"!, :;POOLEDIMONEY'jIINVESTMENT,ACCOUNT: ,,,,I,1,;: °:,'.''t , i ,�, I, ',' n '. . ,II• ,,' I'[i I. I' I('.' U•I ' I,I s,'n , #,'h, I,'I+# ' I i1,11'i'SUMMARY'OF�INVESTMENT;DATA- ;'I,f11•' i;l ''I''I';' I• I " t r 1 (r it r,I' 1 t, lir '1 I 111 I 1, I I, r•I 1 li�, ,,4," 'i I q f 1•i '' , , I,, :'r'' • ..! i k ,,, , r ,'ll,; II, 'l„ I I' )'I'Ir I' 1'' 1; 1' :I. It , '1";r, . ;,; ;h' ;;';`1' ':'"A COM 1999 ' I ��t .:�t1i,11,,,'i ii I4 6 �it I i,ll4�+#1:1#,:hld'I,111,lir,'1'r Itl, :'� 'II'' ','�d' ',II'j i li; ,,, 1,P i ,1'' 1I' Ih,,, � , : ,;; ,,., ,1 :•.�; r, , i (' 1 I�,114,y1. i II ah},1''ii' '' "'' all, YF;'''iai l ,,:, %511;1, I I,';{ ,i, Dollars:!in I Thousands' , �'';1,',1 I I,,, :,, • .I i !#. ai�i�;, ",`,'' :'i,., I,III• I j'iE, ' ! j� ,n t,o s.n• �'""al;' I I '�ii'! #' r, 'I i`• 'q '1!q% d r'':. Y.I ri' ' r'. 'I r•Ei,.i. y''L. ,,p7,,;rt#,:, rllrq�ilh,li:':,I II,1Vl i 2000I,I IIji ,,,glllriP Iil'I�!IILVla .l�ti19.7,7,'I 'lil' 'I'n 1Cllan �'i'�, 'h, r�' ;t yt�. :, i '.,,, ' �,I' I� i;�iil,i;'Il.irl,, II ,Illi,, ,! {il" I,, ,!'I',i I17;',iI,I11i�, n, I!•yl. ,,• ,; !'' i, ,r: g , i 'I t' ,' r �i„„1,:,!'hl,;,r i , '1,I ",,; 1 I d, t;;,p411i i:, ,: dl''ri �i, , 5 ' 'i !,,, ` i.'i� iF r., r I `1 t:l,l l' I'll I .I '{ I 1 , i II'"' � I) i�,' I 'I I! :i , N I'{' `I i I'i ii .II ,1' I it 11 lil i 1�' � ,,InI h�t lfl�ii'I •;III '+I, I iq'I :!ii irL'' II,•' , #i, ,I,:''I•' I' '11,' ,I• :!` ,.i,, 'i '�r;i: , ,,i, �; 1,{I ,,.• i� 1;1@Ii .I,II,{:, 11'1 I f,,r 4 , k,l'i I 1, It ;I''e, r1'::,, I, (:I.`=I, ,, 1 «It}'.,i ,dt; /;N}, L'r i'lltllJ!I i ,I r i, I •,t:, apl'� I ,, Si,,,15, rt. �,.,,,, II, rf I,1. ,.. ;,, ,,I'',I';r, "'q. , 1, pl' :1., ,�� .. 1„• 'hlnll 11,, I :.I'iijr�'ll'j1 }IiI' i t'i �I ;;(.`tlt: '!`i,� :ri 1'hI'I�l,ii't� I'�I'I� it' '' t I ;' ,pl", I' ' il' � i ,I,�11t{ ii' i ''' i� • '1` t?.*' ,. i�. '��., 's ''' "I,ic¢;l;yn 1 Li•�t. iI"'I!� Itl 1 Ii1: I' ,� lltt,11,111 ell�illi'!I•�ti'r � •� � 1' ,;;',Average:iDaily''Portfolio „(;I{„ i,.pl,I; ,,,�E. I$4i1 9'86 8 .9; ,,1 L,11�rf k(, I,;I$37503'1'23 i'•lia, +$4 483;726: , ,i ,r � , I r i;i';' .,I' ,+ (;I,' #�. ..Si; I :�p:,i.i!,f,,, 'I,I II 1, :I•t I i I i, ,r; '1r l,, # E` y !, ',id .5..: ,, Effective,,Yiel'd'' ,r lihii, I I rIl ,{ II:,; ll6 11,;90 ,;,!li ii 'l' 1,'5.086:'-„=,.'11'{il,' .+1:104F''' i` a, • I,,) ,-''rl5p„ 1 ',{,,I,i ,'};, 'isu I,f ,11,(11,;, ,(,r,i�, 'iI II Ii Ci9 ,{Id I i. ,3 •,'i l; ;E'"ii�« I,'r 41 k• 1 1 i, t11„ llj ;I ''i 7' r�r,ll �I li rl i I:i� ,•: 'i5 �'' �'� 1 ? !:I,., l I`'Ili » �itrail,I Pn n ,14',1„ {{I!�'!I i i I If 'yI tt''ll'I'! I'1 '„d, a '" ' ,C ', } � ' a• : { � , ,� I ,I(f,',L,,I,I;I'' '! ,' ' ., '�I I, i III iI't ,I III 1 i,Ylli r li I' I I�I,;i�;, :I� ,bi i' , {,!,i ..1i1,,;;l.S,;;p,;,I'. (1 il�'I«I I I' d It II'll I, li:i 11 , ' i r, il• rl' t ,i„ Averap'�e,Li�fe=Month Erid,l ui da�/s1 '1 ' t• f pll•87+ •; 1! I' t' '1'99:1, 'lir,;jj '1' '12 b !, '1 '� '14,'Y /:'t,i!f I, li�i ;,r „ I',I! li �I� ,�I1lIr�( 11' , ,I I 1 s. ,},, 'I'i I''.I i ( !., 1„ ' � i .4 �, ��iii+!1 r'!i'i 'IIII i,111, 1 II!Igl 1 ;Ptl,l;„r II I, N,;I I I'I''I'll%,1��lll.,•I i',,I:: ,li, !� , , I i', ,j' '' � �' r II'�gl '�;:1, '}i'S ''I'1 , I; 'I ( Ij` "II, . ��'�I''. �. �It' „ ' •' Irll'': (j •11,: I„t fI'�I 1'' I !,,ii' f' (i i$I'i` 1;111,I,'I' ''! i,." ' ' �:• !n'111 rl 11,1,,r:�Iqd, �'tl� :qli i.Illl',r Ilgil.i�i'i",'I•.}li..II pi'., ;'I'i^I�.., ' , 1 + : , ACTING LAIF ADMINISTRATOR In March we reported in the LAIF News that Pat Beal would be retiring on April 30th. We would like to take this opportunity to introduce Daniel Dowell as the Acting Administrator for the Local Agency Investment Fund. Dan has been with the Treasurer's Office for more than twenty- six years. As the Assistant Director of Investments,Dan has had direct oversight of daily portfolio trading, as well as indirect oversight for the LAW since its inception. SUPPORT FOR CALIFORNIA COMMUNITY BANKS Time Deposits in California community banks have increased by over $1.5 billion since January, 1999. More than 50% of the participating financial institutions are banks with less than $250 million in total assets. Such deposits promote personal and commercial lending by financial institutions within the communities they serve. LOCAL AGENCY INVESTMENT FUND ''hone (916) 653-3001 Fax (916) 654-9931 • t I ' 1- : '7 '-000 ltt.' A A - `7• •