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10-12-2010 CC Rpt A06 COUNCIL AGENDA STAFF REPORT CITY CLERK USE ONLY RECEIVED Meeting Date: October 12. 2010 2018 OCT -4 PM 2. 34 Public Hearing: ❑ ,, Discussion Item: ❑ OFFICE CF CITY CLERK Consent Item: CHINO HILLS OCTOBER 5, 2010 TO: HONORABLE MAYOR AND CITY COUNCIL MEMBERS FROM: CITY MANAGER SUBJECT: TREASURER'S REPORT FOR AUGUST 2010 RECOMMENDATION: Approve the Treasurer's Report for August 2010. BACKGROUND/ANALYSIS: The Treasurer's Report for August 2010 may be seen in Exhibit A(attached). The amount of cash and investments for all funds amounts to $150,900,835.53. 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. 4, AGENDA DATE OCTOBER 12, 2010 SUBJECT: TREASURER'S REPORT FOR AUGUST 2010 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 any gains nor suffer any losses, since the pools hold the investments to their maturity dates. 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. 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 February 28, 2011. The investments reported in the Treasurer's Report are in compliance with the City's Investment Policy. Respectfully submitted, Recommended by: Michael S. Fle''gyf, City Manager JttlydR.yancaster, Finance Director MSF:JRL:PS:dk VV Attachment EXHIBIT A CITY OF CHINO HILLS TREASURER'S REPORT AUGUST 2010 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) $ 48,006,791.64 $ 48,230,734.33 Los Angeles County Pooled Funds of Investments (LACPFI) 38,424,499.91 (3) (1) State of California Local Agency Investment Fund (LAIF) 39,758,762.40 (1) Total Investments 126,190,053.95 (2) Cash Bank of America-Checking 1,423,551.24 1,423,551.24 Bank of America-Payroll 10,000.00 10,000.00 Wells Fargo Bank-Credit Card 86,279.19 86,279.19 Total Cash in Bank 1,519,830.43 1519,830.43 Petty Cash 2,800.00 2,800.00 Total Cash 1,522,630.43 1,522,630.43 Total Funds Held by City 127,712,684.38 (2) B. Funds Held by Fiscal Agents: U.S. Bank 23,188,151.15 17,707,762.21 Total Funds Held by Fiscal Agents 23,188,151.15 17,707,762.21 Total Funds Held by City and Fiscal Agents $ 150,900,835.53 $ (2) II. Estimated Composite Investment Earnings Rate: 1.09% (Estimate Investment Earnings Rate for SBCPFI: 1.17%,for LAIF :0.56%; and for LACPFI : 1.41%) III. Cash Flow Transactions by Major Fund Types: Beginning Ending Cash Balance Cash Cash Cash Balance Fund 08/01/10 Receipts Disbursements 08/31/10 General Fund $ 29,264,976.55 $ 4,800,624.04 (4,088,276.13) $ 29,977,324.46 Water Funds 30,403,835.64 2,557,404.20 (3,357,902.35) 29,603,337.49 Sewer Funds 17,667,750.80 537,759.16 (469,482.20) 17,736,027.76 Parks&Landscape 8,897,658.28 372,278.34 (1,148,949.99) 8,120,986.63 Development Funds 11,876,380.69 4,918.51 (2,298,213.30) 9,583,085.90 Comm. Facilities Dist. 35,669,415.92 6,325,091.25 (7,226,871.40) 34,767,635.77 Assessment Districts 5,675,714.06 1,431,066.25 (1,436,138.11) 5,670,642.20 Miscellaneous Funds 16,058,588.15 4,012,009.14 (4,628,801.97) 15,441,795.32 Total $ 155,514,320.09 $ 20,041,150.89 $ (24,654,635.45) $ 150,900,835.53 EXHIBIT A CITY OF CHINO HILLS TREASURER'S REPORT AUGUST 2010 Page 2 of 2 IV.Funds Held by Deferred Compensation Providers- Market Month Ending August 2010 Value ING Life Insurance and Annuity Company N/A ICMA 5,086,757.13 Total Funds Held by Deferred Compensation Providers $ (4) Footnotes: (1)The market valuation is not available as of the date of this report. (2)Total market valuation cannot be determined since the market value for Los Angeles County Pooled Funds of Investments and the State of California Local Agency Investment Fund are not available. (3)The Los Angeles County Pooled Funds of Investment statement is not available as of the date of this report. (4)The total market valuation cannot be determined as the market value for ING Life Insurance and Annuity Company is provided to the City on a quarterly basis. 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 February 28,2011. 411 fiLani.s - nance nirector/City Treasurer City of Chino Hills Treasurer's Report Worksheet I General II Water I Sewer 1 Parks& 1 Development I Comm.Facilities II Assessment I Miscellaneous I Fund II Funds I Funds I Landscape I Funds I District II Districts I Funds I Total Funds Held by City: I I I I I I 1 Beginning Book Balance @ 8/01/10 25,727,521.99 I 29,512,048.14 1 17,667,750.80 1 8,897,658.28 I 11,876,380.69 I 28,458,670.75 1 2,812,336.44 1 16,058,588.15 1 141,010,955.24 I I I 1 1 1 Cash Receipts 3,860,217.79 1 2,557,404.20 1 537,759.16 I 372,278.34 1 4,918.51 1 10,711.20 I 1,066.25 1 4,012,009.14 I 11,356,364.59 1 1 I I 1 1 I Cash Disbursements (4,090,807.13)1 (3,357,902.35)1 (469,482.20)1 (1,148,949.99)1 (2,298,213.30)1 (7,226,871.40)1 (1,436,138.11)1 (4,628,801.97)1 (24,657,166.45) I 1 i I I Journal Entries For Month (4,036.00)1 11 I I I 1 1 (4,036.00)1 1 1 I I 1 11 I Ending Book Balance a 8/31/10 I 25,492,896.65 I 28,711,549.99 1 17,736,027.76 I 8,120,986.63 I 9,583,085.90 I 21,242,510.55 1 1,377,264.58 I 15,441,795.32 I 127,706,117.38 1 I I I I I I 1 Reconciling Transactions 1 6,567.00 I I 1 I 1 I I I 6,567.00 1 I I I I I I Ending Bank Balance Funds Held by City 1 25,499,4_63.65 I 28 711,549.99 I 17.736,027.76 I 8,120,986.63 I 9 583,085.90 I 21,242,510.55 ! 1,377,264.58 I 15,441.795.32 I 127.712.684.38, 1 i 1 I I I 1 Funds Held by Fiscal Anent: I I I I I Beginning Book Balance a 8/1/10 3,537,454.56 891,787.50 1 0.00 I 0.00 0.00 1 7,210,745.17 2,863,377.62 I 0.00 I 14,503,364.85. 1 I 1 1 Cash Receipts 940,406.25 0.00 1 0.00 I 0.00 0.00 1 6,314,380.05 1,430,000.00 0.00 ( 8,684,786.30 1 I Cash Disbursements I 0.00 I 0.00 I 0.00 I 0.00 I 0.00 I 0.00 0.00 ' 0.00 1 0.00 1 I 1 Journal Entries For Month 1 0.00 1 I 1 I 1 0.00 0.00 I I I I I I Ending Book Balance @ 8/31/10 I 4,477,860.81 i 891,787.50 1 0.00 I 0.00 1 0.00 I 13,525,125.22 I 4,293,377.62 0.00 23,188,151.15 1 1 I I 1 Reconciling Transactions 0.00 1 I 1 I 0.00 1 0.00 0.00 1 1 1 1 I 1 Ending Bank Balance Funds Held by F/A 1 4,477,860.81 1 891,787.50 I 0.00 1 0.00 0.00 1 13,525,125.22 I 4,293.377.62 ; 0.00 23.188,151.15 I I I I 1 1 1 I i 1 1 II Summary of Cash Balances: I I i I 1 I I Beginning Cash Balance I I 1 I I 1 Funds Held by City I 25,727,521.99 I 29,512,048.14 I 17,667,750.80 I 8,897,658.28 11,876,380.69 I 28,458,670.75 1 2,812,336.44 I 16,058,588.15 141,010,955.24 Funds Held by Fiscal Agent I 3,537,454.56 I 891,787,50 1 0.00 I 0.00 0.00 I 7.210,745.17 2,863,377.62 I 0.00 14.503,364.85 Total Beginning Cash Balance I 29,264,976.55 I 30,403,835.64 I 17,667,750.80 I 8,897,658.28 11.876,380.69 I 35.669.415.92 5.675.714.06 1 16.058.588.15 155,514.320.09 1 ! 1 I I i Ending Cash Balance i1 1 1 1 I 1 Funds Held by City 11 25,499,463.65 1 28,711,549.99 1 17,736,027.76 1 8,120,986.63 9,583,085.90 1 21,242,510.55 1,377,264.58 I 15,441.795.32 1 127,712,684.38_ Funds Held by Fiscal Agent 11 4,477,860.81 1 891,787.50 1 0.00 I 0.00 0.00 I 13.525,125.22 4.293,377.62 I 0.00 1 23,188,151.15 Total Ending Cash Balance II 29.977.324.46 I 29,603,337.49 1 17736,027.76 1 8.120,986.63 9.583.085.90 1 34.767.635.77 5.670.642.20 1 15.441.795.32 I 150.900.835.53 t****1*t*****tt*}*}**t************************tk*t*****}**t***********t*************}**********a't**k***}****}}******k*t***t*t*tt**k * }***************************************************************************.****************************k***************** *• * * * * REPORT CODE NAME: FZ360 * ** * * * * REPORT DISTRIBUTION SYSTEM FINAL REPORTS * FOR AUGUST, 2010 *• * * * EXPENDITURE DETAIL TRANSACTIONS * * * * * * * * * * *• 4444***************************************************************************************************tt************t***k * * *k*****************************************************************************t*****}*************t*******************k***t******** . CITY OF CHINO HILLS (CMO02 ) PACKET PAGE NUMBER 1 *** PGM : F0360 DETAIL EXPENDITURE TRANSACTION LISTING BY OBJECT CODE PAGE: 6974 TIME: 23:09:55 ACCOUNTING PERIOD 02 - 08/2010 DATE: 09/01/2010 FUND/DEPT/ORG1: SED OBJECT/ BUDGET/ TR DATE ORG GRC TRANSACTION ID DESCRIPTION/VENDOR EXPENDITURES ENCUMBRANCES PRE-ENCUMBRANCES REMAINING BUDGET *** NO ACTIVITY FOR THIS PERIOD *** SED BEGINNING HAL - CASH IN COUNTY TREASURY 48,006,791.64 SED ENDING HAL - CASH IN COUNTY TREASURY 48,006,791.64 • CITY OF CHINO HILLS (CM002 ) PACKET PAGE NUMBER 2 *** .... - =PEW San Bernardino County Pool Summary (as of 8131110) Par Amortized Market Market% of Yield to Maturity Weighted Modified Security Type Value Cost Value Portfolio At Cost Avg.Maturity Duration Bankers Acceptances 0.00 0.00 0.00 0.0% Certificates of Deposit 300,000,000.00 300,000,000.00 300,025,211.30 7.5% 0.30% 30 0.08 Collateralized CD 0.00 0.00 0.00 0.0% Commercial Paper 575,000,000.00 574,923,610.35 574,933,293.34 14.3% 0.25% 18 0.05 Corporate Notes 0.00 0.00 0.00 0.0% Federal Agencies 2,579,651,000.00 2,584,699,913.63 2,601,793,241.51 64.7% 1.58% 446 0.69 Money Market Funds 22,000,000.00 22,000,000.00 22,000,000.00 0.5% 0.11% 1 0.003 Municipal Debt 0.00 0.00 0.00 0.0% Repurchase Agreements 0.00 0.00 0.00 0.0% TLGP Corp.Debt 122,100,000.00 122,951,782.53 123,902,363.60 3.1% 1.12% 399 1.08 U.S.Treasuries 395,000,000.00 397,248,788.55 398,774,230.00 9.9% 0.68% 238 0.65 Total Securities 3,993,751,000.00 4,001,824,095.06 4,021,428,339.75 100.0% 1.18% 329 0.58 Cash Balance 200,755,132.31 200,755,132.31 200,755,132.31 TAGP/FDIC NOW Balance 0.00 0.00 0.00 Total Investments 4,194,506,132.31 4,202,579,227.37 4,222,183,472.06 Accrued Interest 16,200,606.33 16,200,606.33 Total Portfolio 4,194,506,132.31 4,218,779,833.70 4,238,384,078.39 1.Yield for the moneymarket funds rs a weighted average of the month-end yields for the Federated,Goldman,and Fidelity money market funds. 2.Statistics for the total portfolio include money market funds. 3.Market prices are derived from closing bid prices as of the last business day of the month as supplied by F.T.Interactive Data,Bloomberg,or Telerate. Prices that fall between data points are interpolated. 11 =PFM Managed Account Summary Statement For the Month Ending August 31,2010 SAN 6ERNRT2i3IN 7 COUNTY 7 9O8UO v... ..az.._<.._.,_.....«.,.... .a_.a.... . -._....as..._ ....... ....- s .« a.... ...._.....c..........._...e,; _....e...........�.....__.«.. ........«. ...... .............. _..�- ....z.- V �w. ir�Y%I,Kllh{l.Itb'17 1tl IIII�It YU I%IIFVI4 I N.M4 11I�i Opening Market Value $3,802,708,396.98 Maturities/Calls 5,812,594,517.22 Maturities/Calls (5,812,555,000.00) Sale Proceeds 0.00 Coupon/Interest Income 7,499,084.51 Principal Dispositions 0.00 Principal Payments 0.00 Principal Acquisitions 5,984,880,936.63 Security Purchases (6,008,972,289.58) Unsettled Trades 49,995,OOO.00 Net Cash Contribution 188,878,687.85 Change in Current Value (3,600,993.86) Reconciling Transactions 0.00 Closing Market Value $4,021,428,339.75 Interest/Coupons Received 7,538,601.73 Closing Cash Balance $0.00 Less Purchased Interest Related to Interest/Coupons (21,352.95) Plus Net Realized Gains/Losses (4,715,937.83) Total Cash Basis Earnings $2,801,310.95 Ending Amortized Value of Securities 4,001,824,095.06 Ending Accrued Interest 16,200,606.33 Plus Proceeds from Sales 0.00 Plus Proceeds of Maturities/Calls/Principal Payments 5,812,594,517.22 Plus Coupons Received 7,499,084.51 Less Cost of New Purchases (6,034,896,958.85) Less Beginning Amortized Value of Securities (3,780,998,376.89) Less Beginning Accrued Interest (18,392,851.59) Total Accrual Basis Earnings $3,830,115.79 • ENI"ad— Account 76990800 Page 1 PFM Asset Management 1-.1 C S ?FL` Portfolio Summary and Statistics For the Month Ending August 31,2010 SAN BERNA1RDINO COUNTY -769908034 - _ll E__-,. :. Description Par Value Market Value Percent U.S.Treasury Bond/Note 395,000,000.00 398,774,230.00 9.92 Cert of Deposit US TSY Bond/Note I 7.46% U.S.Government Supported Corporate 122,100,000.00 123,902,363.60 3.08 9.9266 �.. Commercial Paper Debt US Govt Supported •t oeW I 14,30% Money Market Fund 22,000,000.00 22,000,000.00 0.55 Corp Debt Federal Agency Discount Note 241,591,000.00 241,340,858.55 6.00 t Fund08% 111004$084. Federal Agency Bond/Note 2,338,060,000.00 2,360,452,382.96 58.69 !Any Mkt Commercial Paper 575,000,000.00 574,933,293.34 14.30 Fed Agy DN ( _ - . i:I err- - ,1Certificate of Deposit 300,000,000.00 300,025,211.30 7.46 - -_ Managed Account Sub-Total 3,993,751,000.00 4,021,428,339.75 100.00% t1 - Accrued Interest 16,200,606.33 Total Portfolio 3,993,751,000.00 4,037,628,946.08 Fed Agy Bond/ Unsettled Trades 50,000,000.00 49,982,050,00 Note 58.69% Maturity Distribution 43.06°°/n Yield to Maturity at Cost 1.18% ltriltUllill`_' i Yield to Maturity at Market 0,52% C - { Duration to Worst 0.58 ;L:41.: --2l'l:, 24.55% g;; _ - -, ;-,1 Weighted Average Days to Maturity 329 rfiltllgt- 15,39% 16.38% { _ -__,.. >r.:,' 0.00% 0.05% 0-6 Months 6.12 Months 1.2Years 2-3 Years 3-4Years 4-5 Years Over Years PIZi' Account 76990800 Page 2 PFM Asset Management LLC FM' Managed Account Issuer Summary For the Month Ending August 31,2010 SAN BERt�IARDINO-CO()M _ Issuer Summary Credit Quality(S&P Ratings) Market Value Issuer of Holdings Percent A-1. • BNP PARIBAS 199,998,496.96 4.97 TSY 2.49% tdiIGROUP INC 25,530,175.00 0.63 9922m ,i4.123A-i+a CREDIT AGRICOLE SA 99,999,500.00 2.49 25.27/n 0.55% FANNIE MAE 669,789,627.01 16.66 =- +a FEDERAL FARM CREDIT BANKS 589,655,481.90 14.66 FEDERAL HOME LOAN BANKS 651,836,996.92 16.21 - z FEDERATED INVESTORS INC 2,000,000.00 0.05 = j FREDDIE MAC 690,511,135.68 17.16 - -- _- GENERAL ELECTRIC CO 197,762,738.60 4.92 =_ GOLDMAN SACHS GROUP INC 70,578,650.00 1.76 = _ - NORDEA BANK AB 199,976,904.56 4.97 - - - RABOBANK NEDERLAND 25,011,792.50 0.62 -_----- -- - ` SOCIETE GENERALE 99,999,361.12 2.49 AAA SVENSKA HANDELSBANKEN 24,993,650.00 0.62 61.77% TORONTO-DOMINION BANK 75,009,599.50 1.87 UNITED STATES TREASURY 398,774,230.00 9.92 Total $4,021,428,339.75 100.00% Account 76990800 Page 3 .41 =PEW PFM Asset Management LLC PFM" Managed Account © of For the Month EndingAugust 31, 2010 g Detail Securities Held e SAN BERNARDINO_COUNTY _ 7699OSOO Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value U.S.Treasury Bond Note US TREASURY NOTES 9120283P5 25,000,000.00 751 TSY 07/28/09 -07/29/09 -25,258,789.05 0.67 126,358,70 -25,033,704.25 25,052,725.00 DTD 10/31/2008 1.500%10/31/2010 - - - - US TREASURY NOTES 912828350 25,000,000.00 TSY TSY 08/03/09 08/01/09 25,159,179.68 0.76 79,405.74 25,029,705.25 25,064,450.00 DTD 11/30/2008 1.250% 11/30/2010 US TREASURY NO its 91282803 25,000,000.00 TSY TSY 11/04/09- 11/05/09 25,112;304.69 0,48 - 37,449.05- 25.032,107.75 ---25,054,700.00 DTD 12/31/2008 0.875%12/31/2010 - - - - - - USTREASURYNOTES 9128283V3 25,000,000.00 TSY TSY 11/16/09 11/17/09 25,127,929.69 0.42 37,449.05 25,037,626.00 25,054,700.00 DTD 12/31/2008 0.875%12/31/2010 US TREASURY NOTES 9128283Y7 25,000,000.00 TSY TSY 01/27/10 01/28/10 25,130,859.38 0.35 19.021,74 25,053,662.5025;069,325.00 DTD 01/31/2009 0.875%01/31/2011 - - - - _ - _ - US TREASURY NOTES 9128233Y7 25,000.000.00 TSY TSY 03/09/10 03/10/10 25,115,234.38 0.36 19,021.74 25,053.224.25 25,069,325.00 DTD 01/31/2009 0.875%01/31/2011 US TREASURY NOTES 912827679 20,000.000.00 TSY- TSY - 12/28/09- 12/29/09 - 20,990,625.00 0.60 - 46,195.65 - 20,398,483.2D - 20,434,380.00 DTT)02/15/2001 5.000%02/15/2011 - US TREASURY NOTES 912828KE9 25,000,000,00 TSY TSY 12/04/09 12/07/09 25,118,164.06 0.49 604.28 25,047,895.25 25,082,025.00 DTD 02/28/2009 0.875%02/28/2011 US TREASURY NOTES 912828KE9 25,000,00000 TSY TSY 02/17/10 ',02/18/10 ' 25,127,929.69 0.38 604.28 - 25,061,965.25 25.082.025.00 DTD 02/28/2009 0,875%02/28/2011 US TREASURY NOTES 912828FA3 25,000,000.00 TSY TSY 01/12/10 01/13/10 26,283,203.13 0.49 499,658.97 25,614,455.00 25,651,375.00 DTD 03/31/2006 4.750%03/31/2011 US TREASURY NOTES 912928101_3 50.000,000.00 TSY- TSY 12/22/09 12/23/0950,175,781.25 0.61 147=418.48 50,086,299.00 - 30,210.95000 DTD 04/30/2009 0.875%04/30/2011 - - - - - - - -- US TREASURY NOTES 912828K113 25,000,000.00 TSY TSY 05/03/10 05/09/10 25,104,492.18 0.98 55.584.02 25,072,613.25 25,117,200.00 DTD 05/31/2009 0.875%05/31/2011 US TREASURY NOTES 912828FN5 25,000;000.00 TSY- TSY 07/23/09- 07/24/09 26.905250.00 1.05 - 105,978.26- 25;866;749.50 26,043,95000 0TT)07/31/2006 4.875%07/31/2011 - US TREASURY NOTES 912828KP4 5,000,000.00 TSY TSY 06/05/09 06/08/09 9,948.828.12 1.73 20,363.45 4,969,995.55 5,078.710.00 DTD 05/15/2009 1.375%05/15/2012 �� =PPSAccount 76990800 Page 4 um PFM Asset Management LLC aim ppm- Managed Account Detail of Securities Held For the Month Ending August 31,2010 SANBERNRDNeOUNTY -75980..._ AI9ffQ - -,-Z ... __._... ..uw:_....__-.. .�- - , ._�.� _.__.. -.±...._»w_. j Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value U.S.Treasury Bond/Note US TREASURY NO7E5 912828KP4 10,000,000.00 TSY TSY 06/08/09 06/09/09 --9,838,28125 1.95 - 40,726.90 9,904,966.00 10,157,420.00 DTD 05/15/2009 1.375%05/15/2012 US TREASURY NOTES 912828KP4 10,000,000.00 TSY TSY 06109/09 06/10/09 9,852,343.75 1.90 40,726.90 9,913,17830 10,157,420.00 DTD 05/15/2009 1.375%05/15/2012 US TREASURY NOTES 912828KP4 25,000,000.00 TSY TSY 04/06/10 04/07/10 25,088,867.18 1.20 101,817.26 25,072,157.75 - 25,393,550.00 DTD 05/15/2009 1.375%05/15/2012 - Security Type Sub-Total 395,000,000.00 400,339,062,48 0.68 1,378,383,97 397,248,788.55 398,774,230.00 U.S.Government Supported Corporate Debt GENERAL ELEC CAP CORP(FOIC)GLOBAL 36967HAM9 22,100,00030 AAA Aaa 11/20/09 11/23/09 22,144,39830 022 30,279.95 22,131,044.53 22,135113.60 FRN DTD 03/12/2009 0.617%03/11/2011 GOLDMAN SACHS GROUP INC(FDIC)GL 38146FAF8 25,000,000.00 AM _Aaa 01/23/09- 01/28/09 -24,931500.00- 1.74 - 51.909.72 24,975,429.25 - 25,289325,00 NOTES - - - - - DID 01/21/2009 1.625%07/15/2011 - - GOLDMAN SACHS GROUP INC(FDIC)GL 38146FAF8 25,000,000.00 AAA Aaa 07/29/09 08/03/09 25,150,500.00 1.31 51,909.72 25,067,794.75 25,289,325.00 NOTES DTD 01/21/2009 1.625%07/15/2011 GENERAL ELEC CAP CORP(FDIC)GLOBAL 36967HAN7 25,000,000.00 AM Aaa 03/11/10 03/16/10 25,557,750.00 1.11 - - 264,062.50 - 25,430,297.75 25,657,825.00 NOTE PTD 03/12/2009 2.250%03/12/2012 - LItIGROUP FUNDING INC(FDIC)GLOBAL 17314AAF9 25,000300.00 MA Aaa 03/10/10 03/15/10 25,447,372.25 1.11 209,722.22 25,347,216.25 25,530,175.00 NOTE DTD 03/30/2009 2.000%03/30/2012 Security Type Sub-Total 122,100,000.00 123,231,521.15 1.12 607,884.11 122,951,782.53 123,902,363.60 Money Market Fund FEDERATED PRIME OBLIGATION MUTUAL 60934N203 1.000,000,00 AAAm Aaa 08/27/08- 08/27/08 - 1,000,000.00 0.11 - - 0.00 1,000,000.00 1300,000.00 FEDERATED GOVT OBLIGATIONS FUND 60934N104 1,000,000.00 AAAm Aaa 06/30/10 06/30/10 1,000,000.00 011 0.00 1,000,000.00 1,000,000.00 air PEW Account 76990800 Page 5 r PFM Asset Management TA C PFM- =mum WManaged Account Detail of Securities Held For the Month Ending August 31, 2010 SAN BERMRDINO COUNTY 76990800 Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value Money Market Fund GOLDMAN FS GOVERNMENT MM FUND 38141W273 20,000.000.00 AAAm Aaa 07/29/10 07/29/10 20,000,000.00 0.11 0.00 20,000.000.00 20,000,000.00 Security Type Sub-Total 22,000,000.00 22,000,000.00 0.11 0.00 22,000,000.00 22,000,000.00 Federal Agency Discount Note FHLMC DISC NOTE 313397G62 25,000,000.00 A-1+ P-1 02118/10 02/19/10 24,962,847.22 0.25 0.00 24,996,527.75 24,997,667.00 - 0.000%09/21/2010 FNMA DISC NOTE 3135891189 41,591,000.00 A-1+ P-1 12/29/09 12/30/09 41,479,801.84 0.35 0.00 41,578,869.15 41,585,245.05 - 0.000%10/01/2010 _ FHLMC DISC NOTE 313397P88 50,000,000.00 A-1+ P-1 01/27/10 01/27/10 49,885,277.78 0.28 0.00 49,969,666.50 49,978,921.00 - 0.000%11/18/2010 FNMA DISC NOTE 3135888W4 25,000,000.00 A-1+ P-1 03/02/10 03/02/10 24,910,326.39 0.37 0.00 24,957.347.25 -24,972,984.00 - 0.000%02/14/2011 FNMA DISC NOTE 313588817 25,000.000.00 A-1+ P-1 03/02/10 03/02/10 24,909,555.56 0.37 0.00 24,956,576.50 24.972.344.25 - 0.000%02/17/2011 FHLB DISC NOTE 313384GA1 25,000,000,00 A-1+ P-1 05/24/10 05/25/10 24,873,263.89 0.50 0.00 24,907,639.00 -24,948,737.50 - 0.000%05/25/2011 FHLB DISC NOTE 313384GA1 25,000,000.00 A-1+ P-1 05/25/10 05/25/10 24,873.263.89 0.50 0.00 24,907,639.00 24,948.737.50 -- 0.000%05/25/2011 FNMA DISC NOTE 3135881111 25,000,000.00 A-1+ P-1 07/20/10 07/20/10 24,901,111.11 0.40- 0.00 24,913,055.50 24,936,222.25 -- 0.000%07/11/2011 - - Security Type Sub-Total 241,591,000.00 240,795,447.68 0.37 0.00 241,187,320.65 241,340,858.55 Federal Agency Bond I Note !, FHLB GLOBAL NOTES(CALLED,OMD 3133XVWS6 25,000,000.00 AAA Ma 11/30/09 12/09/09 24,987,500.00 1.08 59,791.67 24,992,019.75 25,003.150.00 12/9/2011 DTD 12/09/2009 1.050%09/09/2010 FHLMC GLOBAL NOTES 3128X8072 10,000,000.00 AM Aaa 05/26/09 05/27/09 10,079,800.00 0.82 68,875.00 10,001,556.90 10,003.120.00 DID 03/10/2009 1.450%09/10/2010 - - �MAccount 76990800 Page 6 PFM Asset Management TA C AmmiPFiyi, Managed Account Detail of Securities Held For the Month Ending August 31, 2010 SAN BERNARDINO COUNTY 76990800 - Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value Federal Agency Bond/ Note FHLMC GLOBAL NOTES 3128X8072 10,000,000.00 MA Aaa 05/26/09 05/27/09 10,080,010.00 0.82 68,875.00 10,001,561.00 10,003,120.00 DTD 03/10/2009 1.450%09/10/2010 FHLB TAP BONDS 3133XRT83 25,000,000,00 MA Ma - 09/03/08 - 09/01/08 25,045,500.00 3.28 400,781.25 25.000,577.50. 25;019,825,00 DTD 07/09/2008 3.375%09/10/2010 - FFCB BONDS 31331XE40 25,000,000,00 AAA Ma 02/24/09 02/25/09 26,533.250,00 1,24 612,500.00 25,033,191,75 25,040,925.00 DTD 06/13/2007 5.250%09/13/2010 FNMA GLOBAL BENCHMARK NOTES 31398AGU0 25,000,000,00 MA Ma - 02/26/09 02/27/09 -26,153,000.00 1.35 510,416,67 25,025;062,75 25,034,925.00 DTD 09/13/2007 4,375%09/13/2010 _- FHLMC GLOBAL REFERENCE NOTES 3134A35115 25,000,000.00 MA Ma 11/21/08 11/24/08 26,698,500.00 2.98 792,534,72 25,037,270.50 25,066.650.00 DTD 09/22/2000 6.875%09/15/2010 FNMA NOTES 3136FHFE0 25,000,000.00 MA Ma 04/03/09 04/06/09 25,064,250,00 1.32 171,875,00 25,001,866.75 25,013,525.00 DTD 03/16/2009 1.500%09/16/2010 - - FHLB BONDS 3133XTCW4 25,000.000.00 MA Aaa 04/23/09 04/23/09 25,120,000.W 1.11 152,048.61 25,006,769.00 25.025,150.00 DTD 04/01/2009 1.450%09/30/2010 FFCB BONDS 31331X6M9 25,000.000,00 AM Aaa 03/26/08 03/27/08 -26,177,250.00 2,56 -459,375.00 25,043,944.00- - 25;098,900,00 DTD 10/04/2007 4.500Na 10/04/2010 FHLB GLOBAI.BONDS 3133XTHN9 25,000,000.00 MA Aaa 04/30/09 05/01/09 25,071,500,00 1.05 118,923.61 25,005,910.75 25,031,325.00 DTD 04/14/2009 1.250%10/14/2010 FNMA GLOBAL BENCHMARK NOTES 31359MG36 25,000,000,00 AAA Ma 04/08/08 04/09/08 27,478,000.00 2.65 487,673,61 25,201,440.75 25,334,625.00 DTD 11/03/2000 6.625% 11/15/2010 FFCB BONDS 31331H4M6 9,315,000.00 MA Ma 04/08/08 04/09/08 10,248,340,46 2.71 171,628.88 9,397,507.43 9,452,396.25 DTD 11/22/2000 6.700%11/22/2010 FHLMC GLOBAL REFERENCE NOTES 3137EABV0 25,000,000.00 MA Aaa- _ 10/27/08 10/28/08 24,897.000,00 3.08 -_ - 195,659.72 24988,361.25 25,158;525.00 DTD 10/10/2008 2.875% 11/23/2010 - - - FHLB TAP BONDS 3133XRFK1 5,200,000.00 MA Ma 01/09/09 01/12/09 5,392,868.00 1.52 40,950,00 5,228,057,90 5,246,706.40 DTD 06/02/2008 3.500%12/10/2010 FHLB TAP BONDS 3133XR456 11,385,00000 MA Aaa 01/09/09 01/12/09 11,713,514.18_ 1.46, 76,848.75 11,432;772.14 - 11,472,573.42 DTD 05/05/2006 3.000%12/10/2010 s1'FFI Account 76990800 Page 7 s PFM Asset Management f,i C seer- ac- ma Managed Account Detail of Securities Held For the Month Ending August 31,2010 SAN EtRNARDINO COUN!::-.-7---769908Q0 -. Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value Federal Agency Bond/Note . FHLB BONDS(EX-CALLABLE) 31339X1/71 8.485,000.00 MA Ma 05/19/08 05/20/08 8,465,569.35 3.24 43,061.38 8,482425.99 8,569,739.70 DTD 07/03/2003 3.150%01/03/2011 FFCB BONDS 31331G3Y6 25,000,000.00 MA Aaa 01/08/09 01/12/09 25,049,500.00 1.50 - 54,444.44 25,009,107.50 25,129,050.00 DTD 01/12/2009 1.600%01/12/2011 - - FFCB BONDS 31331G3Y6 25,000,000.00 MA Aaa 01/09/09 01/12/09 25,085,000.00 1.43 54,444.44 25,015,630.50 25,129,050.00 DTD 01/12/2009 1.600%01/12/2011 FFCB BONDS 31331YNJ5 10,000,000.00 AM Aaa 05/19/08 05/20/08 - 10,085,800.00 3.16 41,805.56 10,012,733.60 10,126,230.00 DTD 01/18/2008 3.500%01/18/2011 FHLMC GLOBAL REFERENCE NO i ES 3134A4V30 10,000,000.00 MA Aaa 05/19/08 05/20/08 10,394,300.00 3.19 56,736.11 10,058,393.90 10,172,980.00 DTD 12/16/2005 4.750%01/18/2011 FHLMC GLOBAL REFERENCE NOTES 3134A41/30 20,000,000.00 AM Ma 05/22/08 05/23/08 20,731,000.00 3.30 113,472.22 20,108,713.80 20,345,960.00 DTD 12/16/2005 4.7500/0 01/18/2011 - - FHLBGLOBALBONDS 3133XUHG1 25,000,000.00 MA Aaa 11/19/09 11/20/09 25,147,750.00 0.46 18,472.22 25,051,960.75 25,080,675.00 DTD 08/03/2009 0.950%02/03/2011 FFCB DESIGNATED BONDS 31331VSK3 12,500,000.00 AM Aaa 02/03/10 02/04/10 13,078,673.75 0.40 22,005.21 12,758,683.25 12,769.437.50 DTD 03/06/2006 4.875%02/18/2011 FFC8 DESIGNATED BONDS 31331VSK3 12,500,000.00 AM Aaa 02/03/10 02/04/10 13,078,673.75 0.40 22,005.21 12,758,683.25 12,769,437.50 DTD 03/06/2006 4.875%02/18/2011 FHLB TAP BONDS 3133XVU82 25,000,000.00 MA Aaa 11/20/09 11/23/09 -24,975,000.00 0.46 3,385.42 24,990,597.75 25,017,400.00 DTD 11/19/2009 0.375%02/18/2011 FFCB BONDS 31331YWG1 50,000,000.00 AM Aaa 12/23/08 12/24/08 51,429,000.00 1.67 741,666.67 50,334.412,50 50,693.550.00 DTD 03/03/2008 3.000%03/03/2011 FHLMC FLOATING MTN 3128X8RC8 10,000,000.00 MA Aaa 04/07/09 04/08/09 10,011,900.00 1.29 14,167.77 10,004,148.40 10,009,800.00 DTD 03/09/2009 0.607%03/09/2011 FHLMC FLOATING MTN 3128X8RC8 10,000,000.00 AAA Aaa 04/07/09 04/08/09 10,011.940.00 1.29 14,167.77 10,004,159.30 10,009,800.00 DTD 03/09/2009 0.607%03/09/2011 FHLMC FLOATING MIN 3128X8RC8 10,000,000.00 MA Ma 04/07/09 04/08/09 10,011,943.13 1.29 - 14,167.77 10,004160.10 - 10,009,800.00 DTD 03/09/2009 0.607%03/09/2011 Account 76990800 Page 8 1l,i PFM Asset Management T.1 C ac- PPM,. Managed Account Detail of Securities Held For the Month Ending August 31, 2010 ESANBRNARDINO COUNTY- . 6990800 _ Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value Federal Agency Bond/ Note FHLMC FLOATING MTN 3128X8RC8 25,000,000.00 AM Aaa 03/24/09 03/25/09 25,004,500.00 134 35,419.42 25,001,480.00 25,024,500,00 DID 03/09/2009 0.607%03/09/2011 FHLMC FLOATING MTN 3128X8RC8 25,000,000.00 MA Aaa _ 03/26/09 03/27/09 _25,005,000.00 1.34 - 35,419.42 25101,896,25 25,024,500.00 DID 03/09/2009 0.607%03/09/2011 - - - FHLB TAP BONDS 3133XPWW0 25,000,000.00 AM Ma 11/14/08 11/17/08 25,072,500.00 3.12 383,680.56 25,017,141,00 25,394,175.00 DTD 02/22/2008 3.250%03/11/2011 FHLB TAP BONDS 3133XPNY6 25,000,000,00 AAA Aaa 12/03/09 12/04/09 25,732,550.00 0.56 - - 339,409.72 25,305,218.00 - - '25,338,075.00 DTD 02/08/2008 2.875%03/11/2011 - FNMA GLOBAL BENCHMARK NOTES 31359MHK2 25,000,000.00 MA Ma 11/12/08 11/13/08 26,510,650.00 2.81 634,027.78 25,356,936.75 25,705,475.00 DID 03/26/2001 5.500%03/15/2011 FNMA GLOBAL NOTES 31398AV02 25,000,000.00 AM Aaa 12/10/09 12/11/09 25376,250.00 0.57 192,013,89 _ 25,164,857.50 25,205,575.00 DTD 02/27/2009 1.750%03/23/2011 FHLB GLOBAL BONDS 3133XL'SX2 25,000,000.00 AM Aaa 12/03/09 12/01/09 25,063,500.00 0.55 81,250.00 25127,569.25 25,074,125.00 DTD 09/10/2009 0.750%03/25/2011 FFCB BONDS 31331TZN4 12,150,000,00 AAA --Aaa 03/11/08- 03/28/08 12,428,235:00 2,95 -182,250.00- 12,207,126.99 -- 12,400,180.65 DID 04/07/2004 3.750%04/07/2011 - - FHLMC GLOBAL REFERENCE NOTES 3137EAAB5 12,000,000.00 AM Aaa 03/12/08 03/13/08 12,773,400.00 2.93 227,208.33 12,163,051.08 12,363,996.00 DTD 03/09/2006 5.125%04/18/2011 FHLMC GLOBAL REFERENCE NOTES 3137EAAB5 25,000,000.00 AAA Ma 03/11/08 ' 03/12/08 _ 26,612,500.00 2.93 473,350.69 - 25,339,666.00 25,758,325.00 DID 03/09/2006 5.125%04/18/2011 FHLMC GLOBAL REFERENCE NOTES 3137EAAB5 25,000,000.00 AM Ma 10/22/08 10/23/08 26,030,000.00 3.38 473,350,69 25,269,122.50 25,758,325.00 DTD 03/09/2006 5.125%04/18/2011 FFCB BONDS 31331YG46 25,000.000.00 AAA Ma 11/06/08 11/07/08- 24.738,000,00 3.07 _236,979.17 24,930,071.25 25,368,000.00 DTD 04/21/2008 2.625%04/21/2011 FFCB BONDS 31331YG46 50,000,000.00 AM Aaa 1021/08 10/22/08 48,936,500.00 3.52 473,958.33 49,719,414.00 50,736,000,00 DTD 01/21/2008 2.625%04/21/2011 FNMA GLOBAL BENCHMARK NOTES 31359M3H7 50,000,000.00 AM Aaa 71/18/08 11/19/08 53,313,500.00 3.21 883,333.33 50,964,897.00 52,001.650.00 DID 05/25/2001 6.000%05/15/2011 ....a— =PPM' Account 76990800 Page 9 PFM Asset Management I d C a— =PF its- .s, Managed Account Detail of Securities Held For the Month Ending August 31, 2010 SAN BERNARDINO COUNTY 76990800 Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value Federal Agency Bond./Note FFCB FLOATING BONDS 31331GWG0 25,000,000.00 MA Aaa 05/20/09 05/21/09 25,000,500.00 0.42 3.244.40 25,000,000,00 25,023,125.00 DTD 05/18/2009 0,359%05/18/2011 FHLB BONDS 3133XYNZ4 15,000.000.00- MA _Aaa- 06/02110_ 06/03/10 -14,998,950.00 0.59 23,441.67 _ 14,999.203.50 15,030.150.00 DTD 05/24/2010 0.590%06/10/2011 - - - FHLB BONDS 3133XYNZ4 15,000,000.00 AAA Aaa 06/02/10 06/03/10 14,998,950.00 0.59 21441.67 14,999,203.50 15,030,150.00 DTD 05/24/2010 0.580%06/10/2011 FHLB TAP BONDS 3133XBYA7 25,000,000.00 MA Aaa -07/23/08 07/24/08 - 25,158,250.00 4.01', 239,062.50 25,044,616.50 - 25,724,100.00 DTD 05/24/2005 4.250%06/10/2011 FHLB GLOBAL BONDS 3133XRCW8 30,295,000.00 MA Ma 05/18/10 05/19/10 31,220,512.25 0.58 190,290,47 30,982,023.65 31,003,933.30 DTD 05/27/2008 3.375%06/24/2011 FHLB GLOBAL BONDS 3133XTXH4 11,100,000.00 AAA Ma _ 06/02/10 06/03/10 11,229,392.70 -0.61 - 17,035.42 11,201,973.81 11.227,994.10 DTD 06/1212009 1.625%07/27/2011 - - - - - - FFCB BONDS 31331Y286 25,000.000.CD MA Ma 11/05/08 11/06/08 25,518,000.00 3.10 16,145.83 25,187,134.00 25,867,350.00 DTD 06/25/2008 3.875%08/25/2011 FFCB BONDS 31331Y286 50,000,000.00- MA Ma 11/04/08- 11/05/08 50,894,000,00 3.20 32,291.67 50,323,068.50 -,51,734,700.00 DTD 06/25/2008 3.875%08/25/2011 _ FNMA NOTES(CALLABLE) 31398AZ118 25,000,000.00 AAA Ma 11/24/09 11/25/09 25,106,250.00 1.02 132,812.50 25,009,485.50 25,011.900.00 DID 09/28/2009 1.250%09/28/2011 FHLMC(FLOATING)MTN 3134G1BL7 20,800,000.00 AM Ma '05/06/10-- - 05/07/10 20,795,840.00 - 0.28' _ 906,74 20,795,840.00 20,792,928.00 DTD 04/26/2010 0.262% 10/26/2011 - - FFC3 BONDS(FLOATING) 3133162M0 25,000,000.00 AAA Ma 11/06/09 11/09/09 25,000,000.00 0.22 6,074,17 25,000,000,0D 24,998,900.00 DTD 11/02/2009 0.292%11/02/2011 FHLMC GLOBAL NOTES(CALLABLE) 3128X9K02 25,000,000.00 AAA Ma- 10/29/09 11/10/09 -24,975,000.00 1,25 - 92,500.00 24,985,033.75 -25,030,025.00 DTD 11/10/2009 1.200% 11/10/2011 FHLMC GLOBAL NOTES(CALLABLE) 3128X9K02 25,000,000,00 AM Ma 10/29/09 11/10/09 24,975,000.00 1.25 92,500.00 24,985,033.75 25,030025.00 DTD 11/10/2009 1.200%11/10/2011 FFCB BONDS(CALLABLE) 313316607 25.000,000.00 MA Aaa 12/18/09 12/23/09 25,000,000.00 1.05 49,583.33 25,000,000.00 -- 25,059,450.00 DTD 12/23/2009 1.050%12/23/2011 - —PFNi }' Account 76990800 Page 10 PFM Asset Management T.T,C rappm} Managed Account Detail of Securities Held For the Month Ending August 31, 2010 SAN BERNARDINO COUNTY 76990800 - Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value Federal Agency Bond/Note FFCB BONDS 313313BL6 25,000,000,00 MA Aaa 02/18/10 02/19/10 25,065,000,00 0.96 37430.56 25,046,87775 25,218,225.00 DTD 01/12/2010 1.100%01/12/2012 FHLMC GLOBAL NOTES(CALLABLE) 3128X9T1M2 25,000,000.00 MA Aaa 01/05/10 01/25/10 25,000,000,00 1.38 34,375.00 - 25,000,000.00 25,085,275.00 DTD 01/25/2010 1.375%01/25/2012 - - FHLB BONDS(CALLABLE) 3133XWPU7 25,000,000.00 MA Aaa 01/22/10 01/25/10 24,997,500.00 1.13 28,125,00 24,998,244.50 25,072,375.00 DTD 01/25/2010 1.125%01/25/2012 FFCB BONDS(CALLABLE) 3133131>M2 25,000,000.00 MA Aaa 02/05/10 02/09/10 24,992,500.00 1.06 15,888.89 24,994,588.75 25,081,700.00- DTD 02/09/2010 1.090%02/09/2012 - FHLB BONDS 3133XWFP9 25,000,000.00 MA Aaa 12/29/09 12/30/09 24,854,250.00 1.33 5,104.17 24,899,136.25 25,200,900.00 DTD 12/24/2009 1.050°!°02/24/2012 FHLB GLOBAL BONDS 3133X0(PV3 25,000,000.00 MA Aaa 05/11/10 05/12/10 25,035,750.00 1.05 80,468.75 - - 25,030,421.25 25,232,650.00 DTD 03/19/2010 1.125%05/18/2012 FNMA NOTES(CALLABLE) 31398AS37 25,000,000.00 MA Aaa 05/10/10 05/25/10 25,016,250.00 1.27 86,666.67 25,011,930.00 25,059,775.00 DTD 05/25/2010 1.300%05/25/2012 FNMA NOTES(CALLABLE) 31398AS37 25,000,000.00 MA Aaa 05/27/10 05/28/10 25,022,500.00 1.25 86,666.67 25,016,658.50 25,059,775.00 DTD 05/25/2010 1.300%05/25/2012 _ - FHLMC GLOBAL NOTES(CALLABLE) 3134G1EY6 18,260,000.00 MA Aaa 05/26/10 06/15/10 18,260,000.00 1.40 53,968.44 18,260,000.00 18,264,893.68 DTD 06/15/2010 1.400%06/15/2012 FHLMC GLOBAL NOTES 3137EACC1 25,000,000.00 MA Aaa 05/11/10 05/12/10 25,329,750.00 1.11 92,361.11 25,282,513.75 25,509,375.00 DTD 05/21/2009 1.750%06/15/2012 _ - FHLMC NOTES(CALLABLE) 3134G1LT9 15,000,000.00 MA Aaa 07/06/10 07/26/10 15,000,000.00 1,00 14,583.33 15,000,000.00 15,022,170.00 DTD 07/26/2010 1.000%07/26/2012 FHLMC NOTES(CALLABLE) 3134G1LT9 15,000,000.00 MA Aaa 07/06/10 07/26/10 15,000,000.00 1.00 -14,583.33 15,000,000.00 15,022,170.00 DTD 07/26/2010 1.000%07/26/2012 FHLMC NOTES(CALLABLE) 3134G1LT9 20,000,000.00 MA Aaa 07/06/10 07/26/10 20.000,000.00 1.00 19,444.44 20,000,000.00 20,029,560.00 DTD 07/26/2010 1.000%07/26/2012 FHLB BONDS(CALLABLE) 3133XWR76 25,000,000.00 MA Aaa 01/28/10 02/03/10 24,995,000.00 1.46 28,194.44 24,996,140.00 25,111,150.00 DTD 02/03/2010 1.450%08/03/2012 AO Account 76990600 Page 11 SPE r PFM Asset Management T A C 11.1.111.1 r 1 - Managed Account Detail of Securities Held For the Month Ending August 31, 2010 SA-N,-R---SERNARDINt3 COUNTY 769908017 - SecurityType/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value Federal Agency Bond/ Note FHLB GLOBAL BONDS 3133XUE41 50,000,000.00 AM Aaa 07/31/09 08/03/09 49,767,500.00 1.91 21,875.00 49,847,946.00 51,065,050.00 DTD 07/23/2009 1.750%08/22/2012 FHLMC NOTES(CALLABLE) 313401780 25,000,000.00 AAA Aaa 08/30/10 09/17710 24,995,000.00 0.76 0,00 -24,995,000.00 24,997,475.00 DTD 09/17/2010 0.750°/a 09/17/2012 - FHLMC GLOBAL REFERENCE NOTES 3137EACE7 25,000,000.00 AM Aaa 12/22/09 12/23/09 25,393,000.00 1.54 236,111.11 25,296,064.25 25,732,750.00 DTO 08/06/2009 2.125%09/21/2012 FHLB STEP CPN BONDS(CALLABLE) 3133XUZU0 50,000,000.00 AM Aaa 09/29/09 09/30/09 50,050,000.00 2.26 325,000.00 - 50,000,000.00 50,037,500.00 DTD 09/30/2009 1.500%09/25/2012 FHLB BONDS 3133XVN14 25,000,000.00 AM Aaa 12/01/09 12/02/09 25,216,250.00 1.46 93,576.39 25,163,804.25 25,465,325.00 DTD 11/04/2009 1.750%12/14/2012 FHLB BONDS 3133XVNT4 25,000,000.00 -AM Ma 12/04/09 12/07/09 25,039300.00 1.70 93,576.39 25,030,068.00- 25,465,325.00 DTD 11/04/2009 1.750%12/14/2012 - - - - - FHLMC GLOBAL NOTES(CALLABLE) 3128X9PN4 25,000,000.00 AM Aaa 12/02/09 12/17/09 25,016,250.00 1.68 87,361.11 25,004,804.25 25,078,625.00 DTD 12/17/2009 1.700%12/17/2012 FHLMC GLOBAL NOTES(CALLABLE) 3128X9PN4 50,000,000.00 -AAA Ma 12/04/09 12/17/09 49,815,000.00 1.83 174,722.22 49,857,639.00 - 50,157,250.00 DTD 12/17/2009 1.700%12/17/2012 - - - - FFCB BONDS 31331JAB9 25,000,000.00 AM Aaa 12/21/09 12/24/09 24,930,000.00 1.72 75,607.64 24,945,704.75 25,497,950.00 DTD 12/24/2009 1.625%12/24/2012 FNMA GLOBAL NOTES(CALLABLE) 31398AB76 25,000,000.00 AM Aaa 12/15/09 12/28/09 24,890,000.00 1.90 - 76,562.50 24,914,227.75 25,093,450.00 DTD 12/28/2009 1.750%12/28/2012 FNMA GLOBAL NOTES(CALLABLE) 31398AB76 25,000,000.00 AM Ma 02/10/10 02/11/10 24,981,250.00 1.78 76,562.50 24,984,938.00 25,093,450.00 DTD 12/28/2009 1.750%12/28/2012 FFCB BONDS(CALLABLE) 313313E85 25,000,000.00 AAA- Aaa 02/19/10- 02/22/10 24,887,500.00 -1.83 13,916.67 24,906,820.75 25,276,275.00 DTD 02/19/2010 1.670%02/19/2013 - FFCB BONDS 313313BV4 25,000,000.00 AM Aaa 02/11/10 02/12/10 25,035,250.00 1.70 12,152.78 25,028,916.75 25,516,325.00 DTD 01/15/2010 1.750%02/21/2013 FNMA GLOBAL NOTES(CALLABLE) 31398AH70 50,000,000.00 AM Aaa 03/05/10 03/15/10 49,925,000.00 1.85 415,000.00 49,936,264.00 50,305,500.00 DTD 03/15/2010 1.800%03/15/2013 - SAccount 76990800 Page 12 SPFA PFM Asset Management T d C PFM Managed Account Detail of Securities Held For the Month Ending August 31, 2010 SAN BER2IARDINO COUNTY 7b990800 - Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value Federal Agency Bond/ Note FFCB BONDS 31331JKS1 25,000,000,00 AAA Aaa 04/19/10 04/20/10 25,118,100.00 1.71 177,083.33 25,109,030.25 25,668,32500 DTD 09/15/2010 1.875%09/15/2013 FNMA GLOBAL NOTES(CALLABLE) 31398A096 50,000,000,00 AM Ma 04/28/10 05/10/10 49,975,000,00 2.02 - 308,33333 _ 49,977,505.50 50,128,200.00 DTD 05/10/2010 2.000%05/10/2013 - - FHLMC NOTES(CALLABLE) 3134G1ML5 10,000,000,00 AAA Ma 07/12/10 07/26/10 10,000,000.00 1.40 13,611.11 10,000,000.00 10,029,350.00 DTD 07/26/2010 1.900%07/26/2013 FHLMC NOTES(CALLABLE) 3139G1ML5 10,000,000.00 AAA Ma 07/12/10 07/26/10 10,000,000.00 1.40 13,611.11 - 10,000;000.00 10,029,350.00 DTD 07/26/2010 1.400%07/26/2013 - FHLMC NOTES(CALLABLE) 3131G1ML5 10,000,000,00 AAA Aaa 07/12/10 07/26/10 10,000,000.00 1.40 13,611.11 10,000,000.0D 10,029,350.00 DTD 07/26/2010 1.900%07/26/2013 FNMA NOTES(CALLABLE) 31398AZ47 3,175,000,00 AM Ma 07/30/10 08/02/10 3,175,000.00 1.25 3527,78 - 3,175,000.00 - 3,182,997.83 DTD 07/29/2010 1.250°70 07/29/2013 - - - FNMA NOTES(CALLABLE) 31398AZ47 25,000,000.00 AM Ma 07/21/10 07/29/10 24,984,750.00 1.27 27,777.78 24,985,194.75 25,062,975.00 DTD 07/29/2010 1.750%07/29/2013 FNMA NOTES(CALLABLE) 31398AZ47 50,000,000,00 AM - Ma 07/21/10 07/29/10 -99,969,500.00 1.27 55,55556 - 49,970,389.50 - 50,125,950.00 DTD 07/29/2010 1.250%07/29/2013 FNMA NO Ls(CALLABLE) 31398A2H4 20,895,000.00 AAA Ma 07/30/1D 08/16/10 20,895,000,00 1.35 11,753.44 20,695,000.00 20,952,983.63 DTD 08/16/2010 1.350%08/16/2013 FNMA NOTES(CALLABLE) 3136FPCR6 10,390,000,00 MA -Aaa 08/17/10 08/27/10 10,385,894.00 1.01 1,154,44 10,385,859.17 10,379,63038 DTD 08/27/2010 1.00090 08/27/2013 - FNMA NOTES(CALLABLE) 3136FPCR6 39,610,000,00 MA Ma 08/17/10 08/27/10 39,598,117.00 1.01 4,401.11 39,598,160.57 39,570.469.22 DTD 08/27/2010 1.000°Io 08/27/2013 FHLMC NOTES(CALLABLE) 3134G1581 25,000,000,00 AAA .Aaa- 06/24/10 09/03/10 25,000,000.00 1.15 - - -0,00- -25,000,000.00 24,984,575.00 DTD 09/03/2010 1.150%09/03/2013 , - - Security Type Sub-Total 2,338,060,000.00 2,363,375,373.57 1.70 14,104,046.59 2,343,512,592.98 2,360,452,382.96 Commercial Paper - i BNP PARIBAS FINANCE INC COMM PAPER 0556NU12 25,000,000,00 A-1+ P-1 08/31/10 05/31/10 24,999,847,22 0.22 0,00 25,000,000,00 24,999,84722 — 0.000%09/01/2010 i =P1,1‘.1Account 76990800 Page 13 r PFM Asset Management T.1 C r ‘r Managed Account Detail of Securities Held For the Month Ending August 31, 2010 SAN BERNARDINO-COUNTY -76990800 Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value Commercial Paper SOCIETE GENERALE NA COMM PAPER 833655512 50,000,000.00 A-1 P-1 08/31/10 08/31/10 49,999,680.56 0.23 - 0.00 50,000,000.00 49,999,680.56 - 0.000%09/01/2010 - SOCIE i t GENERALE NA COMM PAPER 833655512 50,000,000.00 A-1 P-1 08/31/10 08/31/10 49,999,680.56 0.23 0.00 50,000,000.00 49,999,680.56 -- 0.000%09/01/2010 CREDIT AGRICOLE NA COMM PAPER 22532013 50,000,000.00- A-1+ P-1 08/31/10 08/31/10 49,999,680.56 0.23 0.00 50,000,000.00 - 49,999,750.00 - 0.000%09/01/2010 CREDIT AGRICOLE NA COMM PAPER 22532013 50,000,000.00 A-1+ P-1 08/31/10 08/31/10 49,999,680.56 0.23 0.00 50,000,000.00 49,999,750.00 -- 0.000%09/01/2010 BNP PARIBAS FINANCE INC COMM PAPER 0556N1J12 50,000,000.00 A-1+ - P-1 -08/31/10 08/31/10 49,999,694.44 0.22 0.00 50,000,000.00 49,999,694.44 - 0.000%09/01/2010 GENERAL ELECTRIC CO COMM PAPER 36960M538 25,000.000.00 A-1+ P-1 08/26/10 08/26/10 24,998,944.44 0.19 0.00 24,999,736.00 24,999,625.00 -- 0.000%09/03/2010 GENERAL ELECTRIC CO COMM PAPER 36960MJ87 50,000,000.00 A-1+ P-1 08/26/10 08/26/10 49,996,569.44 0.19 - 0.00 -49,998,153.00 49,998,000.00 - 0.000%09/08/2010 - BNP PARIBAS FINANCE INC COMM PAPER 0556N1K10 25,000,000.00 A-1+ P-1 06/29/10 07/01/10 24,961,666.67 0.60 0.00 24,987,500.00 24,995,025.00 -- 0.000%10/01/2010 NORDEA NORTH AMERICA INC COMM 6555P1K14 25,000,000.00 A-1+ P-1 08/30/10 08/30/10 24,995,000.00 0.23 0.00 24,995,312.50 24,995,025.00 PAPER -- a000%10/01/2010 - NORDEA NORTH AMERICA INC COMM 6555P1K55 5,000,000.00 A-1+ P-1 08/31/10 08/31/10 4,998,930.56 0.22 0.00 4,998,961.10 4,998,930.56 PAPER - 0.000%10/05/2010 NORDEA NORTH AMERICA INC COMM 6555P1K63 35,000,000.00 A-1+ P-1 08/30/10 08/30/10 34"991,906.25 0.23 - 0.00 34,992,343.75 34,991,670.00 PAPER - - 0.000%10/06/2010 NORDEA NORTH AMERICA INC COMM 6555P1K71 35"000.000.00 A-1+ P-1 08/30/10 08/30/10 34,991,687.50 0.23 0.00 34,992,125.00 34,991.390.00 PAPER -- 0.000%10/07/2010 Account 76990800 Page 14 �1" PFM Asset Management T d C Managed Account Detail of Securities Held For the Month Ending August 31, 2010 SAN BERNARDINO COUNTY _ 7699680D Security Type/Description S&P Moody's Trade Settle Original TIM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value Commercial Paper SVENSKA HANDELSBANKEN INC COMM 86958UK86 25,000,000.00 A-1+ P-1 - 07/07/10 07/07/10 24,974.812.50 0.39 0.00- 24,989,979.25 24,993,650.00 PAPER - - 0.000%10/08/2010 GENERAL ELEC CAP SVCS COMM PAPER 36959SL19 25,000,000.00 A-1+ P-1 08/27/10 08/27/10 24,989,000.00 0.24 0.00 24,989,833.25 24,990,525.00 - 0.000%11/01/2010 GENERAL ELEC CAP SVCS COMM PAPER 36959SL19 50,000,000.00 A-1+ P-1 08/27/10 08/27/10 49,978,000.00 0.24 0.00 49.979,666.50 -49,981,050.00 -- 0.000%11/01/2010 Security Type Sub-Total 575,000,000.00 574,874,781.26 0.25 0.00 574,923,610.35 574,933,293.34 Certificate of Deposit BNP PARIBAS SF CERT DEPOS 0556603N5 25,000,000.00 A-1+ P-1 08/09/10 08/09/10 25,000,000.00 0.24 3,833.33 25,000,000.00 24,999,993.00 DTD 08/09/2010 0.240%09/01/2010 NORDEA BANK FINLAND NY CERT DEPOS 6555606K4 50,000,000.00- A-1+ P-1 08/17/10 08/17/10 50,000,000.00 0.21 4,375.00 - 50,000,000.00 49,999,944.50 DTD 08/17/2010 0.210%09/01/2010 - NORDEA BANK FINLAND NY CERT DEPOS 655560612 50,000,000.00 A-1+ P-1 08/19/10 08/19/10 50.000,000.00 0.21 3,791.67 50,000,000.00 49,999.944.50 DTD 08/19/2010 0.210%09/01/2010 BNP PARIBAS SF CERT DEPOS 0556603W 25,000.000.00 A-1+ P-1 -08/25/10 08/25/10 25,000,000.00 0.21 1,020.83 25,000,000.00 -24,999,944.50 DTD 08/25/2010 0.210%09/02/2010 - - BNP PARIBAS SF CERT DEPOS 0555602P1 20,000,000.00 A-1+ P-1 06/23/10 06/23/10 20,000,000.00 0.58 22,555.56 20,000,000.00 20,004,030.00 DTD 06/23/2010 0.580%09/22/2010 BNP PARIBAS SF CERT DEPOS 0556603X3 30,000,000.00 A-1+ P-1 08/27/10 08/27/10 30,000,000.00 0.25 1,041.67 30,000,000.00 29,999,962.80 DTD 08/27/2010 0.250%10/01/2010 _ - - TORONTO DOMINION BANK NY CERT 89112Y3W4 25,000,000.00 A-1+ P-1 08/31/10 08/31/10 25,000,000.00 0.21 145.83 25,000,000.00 24,996,440.00 DEPOS DTD 08/31/2010 0.210%11/01/2010 TORONTO DOMINION BANK NY CERT 89112Y3X2 25,000,000.00 A-1+ P-1- 08/31/10 08/31/10 25,000,000.00 0.21 145.83 25,000,000.00 24,996,327.00- DEPOS - DTD 08/31/2010 0.210%11/02/2010 - RABOBANK NEDERLAND NV NY CERT DEPOS 74977MFL4 25,000,000.00 A-1+ P-1 05/18/10 05/19/10 25,000,000.00 0.54 39,375.00 25,000,000.00 25,011,792.50 DTD 05/19/2010 0.540%11/12/2010 .411 Account 76990800 Page 15 tPFM Asset Management LLC ANIS pFM" Managed Account Detail of Securities Held For the Month Ending August 31, 2010 SAN BERNARDINO COUNTY 76990800 Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value Certificate of Deposit TORONTO DOMINION BANK NY CERT 89112YEP4 25,000,000.00 A-1+ P-1 06/09/10 06/10/10 25,000.000.00 0.59 34,006.94 25.000,000.00 25,016.832.50 DEPOS DTD 06/10/2010 0.590%12/06/2010 Security Type Sub-Total 300,000,000.00 300,000,000.00 0.30 110,291.66 300,000,000.00 300,025,211.30 Managed Account Sub-Total 3,993,751,000.00 4,024,616,186.14 1.18 16,200,606.33 4,001,824,095.06 4,021,428,339.75 Securities Sub-Total $3,993,751,000.00 $4,024,616,186.14 1.18% $16,200,606.33 $4,001,824,095.06 $4,021,428,339.75 Accrued Interest $16,200,606.33 Total Investments $4,037,628,946.08 Bolded items are forward settling trades. Account 76990800 Page 16 =PPM'INN PFM Asset Management T A C LAIF Regular Monthly Statement Page 1 of 1 Local Agency Investment Fund P.O. Box 942809 Sacramento, CA 94209-0001 www.treasurer.ca.vov/nmia-laif (916) 653-3001 September 07, 2010 CITY OF CHINO HILLS FINANCE DIRECTOR 2001 GRAND AVENUE CHINO HILLS,CA 91709 PMIA Average Monthly Yields Account Number: 98-36-151 Transactions Tran Tune Definitions August 2010 Statement Account Summary Total Deposit: 0.00 Beginning Balance: 39,758,762.40 Total Withdrawal: 0.00 Ending Balance: 39,758,762.40 https://laifms.treasurer.ca.gov/RegularStatement.aspx 9/7/2010 State of California Pooled Money Investment Account Market Valuation 8/31/2010 Carrying CostPius i , i Description Accrued Interest:FOOh , fair Vsiue:,r Accrued;)ii)1 t!,, United States Treasury: Bills $ 24,963,909,260.65 $ 25,025,086,000.00 NA Notes $ 6,650,737,268.34 $ 6,714,388,500.00 $ 19,867,605.00 Federal Agency: SBA $ 539,856,586.66 $ 536,533,485.66 $ 586,746.17 MBS-REMIC5 $ 620,234,139.48 $ 660,161,438.02 $ 2,930,517.14 Debentures $ 349,964,845.47 $ 351,486,000.00 $ 1,416,881.50 Debentures FR $ 200,000,000.00 $ 200,216,000.00 $ 55,174.00 Discount Notes $ 6,045,526,981.90 $ 6,061,860,100.00 NA GNMA $ 66,984.32 $ 68,669.84 $ 662.67 IBRD Deb FR $ 300,000,000.00 $ 301,119,000.00 $ 222,866.42 CDs and YCDs FR $ 600,000,000.00 $ 600,000,000.00 $ 153,333.45 Bank Notes $ 200,000,000.00 $ 200,000,000.00 $ 250,000.00 CDs and YCDs $ 6,395,017,771.32 $ 6,395,387,862,60 $ 2,939,847.21 'Commercial Paper $ 5,500,650,444.47 $ 5,502,661,954.44 NA Corporate: Bonds FR $ 100,053,616.76 $ 100,014,000.00 $ 124,302.11 Bonds $ - $ - $ - Repurchase Agreements $ - $ - NA Reverse Repurchase $ - $ - $ - Time Deposits $ 4,198,150,000.00 $ 4,198,150,000.00 NA AB 55& GF Loans $ 11,328,739,650.44 $ 11,328,739,650.44 NA TOTAL $ 67,992,907,549.81 $ 68,175,872,661.00 $ 28,547,935.67 I Fair Value Including Accrued Interest $ 68,204,420,596.67 Repurchase Agreements, Time Deposits, AB 55& General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value(carrying cost).