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12-14-2010 CC Rpt A06 COUNCIL AGENDA STAFF REPORT CITY aLERK USE ONLY RECEIVED Meeting Date: December 14. 2010 2010 DEC -6 AM 10: 54 Public Hearing: V OFFICE OF CITY CLERK sr ? Discussion Item: CHINO HILLS °F=M°HIL" Consent Item: DECEMBER 7, 2010 TO: HONORABLE MAYOR AND CITY COUNCIL MEMBERS FROM: CITY MANAGER SUBJECT: TREASURER'S REPORT FOR OCTOBER 2010 RECOMMENDATION: Approve the Treasurer's Report for October 2010. BACKGROUND/ANALYSIS: The Treasurer's Report for October 2010 may be seen in Exhibit A(attached). The amount of cash and investments for all funds amounts to $135,701,553.02. 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: DECEMBER 14, 2010 SUBJECT: TREASURER'S REPORT FOR OCTOBER 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 April 30, 2011. The investments reported in the Treasurer's Report are in compliance with the City's Investment Policy. Respectfully submitted, Recommended by: eat LV nat Su! Michael Stile er, CityManager JudyR rf 9 R. La ester, Finance Director MSF:JRL:PS:gm Attachment EXHIBIT A CITY OF CHINO HILLS TREASURER'S REPORT OCTOBER 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 $ 48,225,073.04 Los Angeles County Pooled Funds of Investments (LACPFI) 35,149,737.48 (3) (1) State of California Local Agency Investment Fund (LAIF) 39,810,111.12 (1) Total Investments 122,966,640.24 (2) Cash Bank of America-Checking 793,638.13 793,638.13 Bank of America- Payroll 10,000.00 10,000.00 Wells Fargo Bank-Credit Card 123,284.78 123,284.78 Total Cash in Bank 926,922.91 926,922.91 Petty Cash 2,900.00 2,900.00 Total Cash 929,822.91 929,822.91 Total Funds Held by City 123,896,463.15 (2) B. Funds Held by Fiscal Agents: U.S. Bank 11,805,089.87 11,805,089.87 Total Funds Held by Fiscal Agents 11,805,089.87 11,805,089.87 Total Funds Held by City and Fiscal Agents $ 135,701,553.02 $ (2) II. Estimated Composite Investment Earnings Rate: 1.07% (Estimated Investment Earnings Rate for SBCPFI: 1.28%,for LAIF : 0.51%; and for LACPFI : 1.39%) III. Cash Flow Transactions by Major Fund Types: Beginning Ending Cash Balance Cash Cash Cash Balance Fund 10/01/10 Receipts Disbursements 10/31/10 General Fund $ 27,715,075.13 $ 1,270,574.30 (2,351,888.72) $ 26,633,760,71 Water Funds 29,550,044.66 2,351,026.00 (1,969,820.76) 29,931,249.90 Sewer Funds 17,779,433.16 495,802.18 (948,943.69) 17,326,291.65 Parks& Landscape 7,837,791.22 248,168.01 (993,674.12) 7,092,285.11 Development Funds 9,578,176.13 61,183.09 (19,258.73) 9,620,100.49 Comm. Facilities Dist. 28,209,556.77 555,296.07 (52,809.51) 28,712,043.33 Assessment Districts 1,768,573.09 13,936.63 (5,607.41) 1,776,902.31 Miscellaneous Funds 14,808,794.95 1,934,980.62 (2,134,856.05) 14,608,919.52 Total $ 137,247,445.11 $ 6,930,966.90 $ (8,476,858.99) $ 135,701,553.02 EXHIBIT A CITY OF CHINO HILLS TREASURER'S REPORT OCTOBER 2010 Page 2 of 2 IV.Funds Held by Deferred Compensation Providers- Market Month Ending October 2010 Value ING Life Insurance and Annuity Company N/A ICMA 5,441,463.70 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 (LAIF)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 April 30,2011. Ju�Y t 'i a?t /Lei �a a► MC-- Finance Director/City Treasurer City of Chino Hills Treasurer's Report Worksheet General I Water Sewer II Parks& Development II Comm.Facilities Assessment Miscellaneous I Fund 1 Funds Funds II landscape Funds II District Districts Funds 1 Total Funds Held by City: 1 II !I I Beginning Book Balance 0 10/01/10 24,177,575.63 1 28,658,248.21 17,779,433.16 II 7,837,791.22 9,578,176.13 ii 21,228,689.42 1,373,646.52 14,808,794.95 1 125,442,355.24 I I 1 Cash Receipts 1,270,574.30 I 2,351.026.00 495,802.18 1 248,168.01 61,183.09 555,296.07 13,936.63 1,843,542.88 1 6,839,529.16 I 1 1 Cash Disbursements (2,349,192.72)1 (1,969.820.76) (948,943.69)1 (993,674.12) (19,258.73) (52,809.51) (5,607.41) (2,134,856.05)1 (8,474,162.99) I 1 Joumal Entries For Month (2,696.00)1 (2,696.00) 1 Ending Book Balance 0 10/31/10 23,096,261.21 I 29,039,453.45 17,326,291.65 7,092,285.11 9,620,100.49 21,731,175.98 1,381,975.74 14,517,481.78 123,805,025.41 i! II Reconciling Transactions I i 91,437.74 91,437.74 1 Ending Bank Balance Funds Held by City 23,096,261.21 1 29 039,453.45 17,326,291.65 7,092,285.11 I 9,620.100.49 21.731,175.98 1,381.975.74 14,608.919.52 123.896,463.15 1 I I Funds Held by Fiscal Agent: I I Beginning Book Balance a 10/1/10 3,537,499.50 1 891,796.45 0.00 0.00 I 0.00 7,646,592.83 3,657,556.60 0.00 15,733,445.38 I 1 Cash Receipts 0.00 I 0.00 0.00 0.00 I 0.00 0.00 0.00 0.00 0.00 I Cash Disbursements 0.00 1 0.00 0.00 i 0.00 0.00 0.00 0.00 ! 0.00 0.00 I Journal Entries For Month 0.00 0.00 Ending Book Balance 010/31/10 3,537,499.50 891,796.45 0.00 0.00 0.00 7,646,592.83 3,657,556.60 0.00 15,733,445.38 Reconciling Transactions , 0.00 (665,725.48) (3.262,630.03) 0.00 1 (3,928,355.51) 1 Ending Bank Balance Funds Held by F/A 3.537,499.50 I 891,796.45 0.00 0.00 0.00 6.980,867.35 394.926.57 I 0.00 I 11.805.089.87 1 ! 1 1 1 1 1 Summary of Cash Balances: I I I � Beginning Cash Balance 1 I 11 Funds Held by City 25,499,463.651 28,711,549.9911 17,736,027.761 8,120,986.631 9,583,085.90 21,242,510.55 1,377,264.581 15,441,795.32 125,442,355.24 Funds Held by Fiscal Agent 4,477,860.81 I 891,787.50 I 0.00 I 0.00 I 0.00 13.525,125.22 4,293,377.62 I 0.00 23,188,151.15 Total Beginning Cash Balance 29,977,324.46 1 29.603.337.49 1 17,736,027.76 I 8.120.986.63 1 9,583.085.90 34,767,635.77 1 5.670.642.20 I 15,441.795.32 148.630.506.39 1 - 1 I 1 11 II Ending Cash Balance IF I I 1 II II Funds Held by City 23,096,261.21 II 29,039,453.45 1 17,326,291.65 I 7,092,285.11 I 9,620,100.49 21,731,175.98 11 1,381,975.74 II 14,608,919.52 123,896,463.15 Funds Held by Fiscal Agent 3,537,499.50 II 891,796.45 1 0.00 I 0.00 11 0.00 6,980,867.35 II 394,926.57 II 0.00 1 11,805.089.87 Total Ending Cash Balance 26.633,760.71 II 29,931,249.90 II 17,326,291.65 1 7,092,285.11 11 9,620,100.49 28,712,043.33 it 1,776,902.31 II 14,608,919.52 I 135,701,553.02 • +++****** 4+++ +i**********4tl+*++*t*+k*ttt+k**+#++++'+****1#********+*ta.+*+*+1*+*+******t+***t14+****#+*11*k+***n*##**t**:+t*k#+*+ * * * * *#****1*4*******************t*S++*********************.***+**************************************t**************t********* * 9• * * * *• * * * * * * * REPORT CODE NAME: FZ360* * .** * * * * * * * * * REPORT DISTRIBUTION SYSTEM 1 FINAL REPORTS �* FOR OCTOBER, 2010 * EXPENDITURE DETAIL TRANSACTIONS + * * * • *****+** ********+**********+*******i*******************+*+********** **+t+i+**+*i*************#*********t*******1**t*** * It * *******...*****************************************t+*************k******i*******************+**********+r. *********************t****t CITY OF CHINO HILLS (04002 ) PACKET PAGE NUMBER 1 *** PGM : F2360 TIME: 21:54:21 DETAIL EXPENDITURE TRANSACTION PERIOD 04 - 10/2010STING Y OBJECT CODE DATE: 11/01/2GE: 010 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 BAL - CASH IN COUNTY TREASURY 46,006,791.64 SED ENDING HAL - CASH IN COUNTY TREASURY 48,006,791.64 CITY OF CHINO HILLS (CM002 ) PACKET PAGE NUMBER 2 +** rtii San Bernardino County Pool Summary (as of 10131110) 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 455,000,000.00 455,000,721.75 455,006,815.10 11.4% 0.27% 20 0.05 Collateralized CD 0.00 0.00 0.00 0.0% Commercial Paper 574,900,000.00 574,880,437.33 574,874,271.10 14.4% 0.22% 6 0.02 Corporate Notes 0.00 0.00 0.00 0.0% Federal Agencies 2,421,780,000.00 2,425,373,437.09 2,442,168,993.17 61.2% 1.52% 474 0.65 Money Market Funds 23,000,000.00 23,000,000.00 23,000,000.00 0.6% 0.08% 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 122,100,000.00 122,838,822.53 123,767,265.90 3.1% 1.12% 338 0.92 U.S.Treasuries 370,000,000.00 371,575,642.25 372,993,190.00 9.3% 0.68% 189 0.51 Total Securities 3,966,780,000.00 3,972,669,060.95 3,991,810,535.27 100.0% 1.09% 321 0.52 Cash Balance 237,129,686.41 237,129,686.41 237,129,586.41 TAGP/FDIC NOW Balance 0.00 0.00 0.00 . Total Investments 4,203,909,686.41 4,209,798,747.36 4,228,940,221.68 Accrued Interest 13,153,896.35 13,153,896.35 . Total Portfolio 4,203,909,686.41 4,222,952,643.71 4,242,094,118.03 I.Weld for the money market funds is a veighted 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 bin 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. H ath— F ` 1"orthe Month Ending October 31,2010 Mana ed Account Summary Statement .._..:--..w.,,.:,:::-_.,::_: • ,;. :: =r- >. —:;,:;; �. F 769908 a o7o zo6 sa6.72 Maturities/CallsMli SAN-SERNARdNC7 C • : , ' - 6,879,667,929.18 Opening Market Value $ Sale Proceeds 31,000,000.00 Maturities/Calls (6,879,591,000.00) Coupon/Interest Income 4,178,577.88 Principal Dispositions {31,000,000.00) Principal Payments 0.00 6,833,027,675.87 Security Purchases (6,878,091,974.49) Principal Acquisitions 35,754,532.57) Unsettled Trades 6.00 Net Cash Contribution { (832,667.32) Reconciling Transactions 0.00 Change in Current Value $3,991,810,535.27 Closing Market Value Cash Balance Earnings Reconciliation(Cash Basis)-Managed Account <: $0.00, 4,255,507.06 Closing Cash Balance Interest/Coupons Received (64,298.62) Less Purchased Interest Related to Interest/Coupons (1,269,455.33) Plus Net Realized Gains/Losses $2,921,753.11 Total Cash Basis Earnings Total Earnings Reconciliation(Accrual Basis) 3,972,669,050.95 Ending Amortized Value of Securities 13,153,896.35 Ending Accrued Interest 13,153,896.35 Plus Proceeds from Sales 6,831,000,000.00 Plus Proceeds of Maturities/Calls/Prindpal Payments 67,929.18 Plus Coupons Received {5,834,9,1178,577.88) Less Cost of New Purchases (4,833,091,974.49) Less Beginning Amortized Value of Securities (12,791,945.85) Less Beginning Accrued Interest $3,521,086.13 Total Accrual Basis Earnings • Account 76990800 Page 1 4110 PFM Asset Management LI C ar Portfolio Summary and Statistics For the Month Ending October 31,2010 SAN BERNARDI1 O COUNTY 76990800 -- - Account Summary - " . , Description Par Value Market Value Percent U.S.TreasuryBond/Note 370,000,000.00 372,993,190.00 9.34 Cert of Deposit US TSY Bond/Note 11.40% U.S.Government Supported Corporate 122,100,000.00 123,767,265.90 3.10 9.34% 4�� Commercial Paper Debt US Govt Supported &�'4: 14.40% MoneyMarket Fund 23,000,000.00 23,000,000.00 0.58 Corp Debt �3eo 3.10% *:: Federal Agency Discount Note 175,000,000.00 174,857,616.50 4.38 Mny Mkt Fund - �i Federal Agency Bond/Note 2,246,780,000.00 2,267,311,376.67 56.80 0.58% �5 .� Commercial Paper 574,900,000.00 574,874,271.10 14.40 Fed Agy DN Certificate of Deposit 455,000,000.00 455,006,815.10 11.40 438% _ -- Managed Account Sub-Total 3,966,780,000.00 3,991,810,535.27 100.000/0 - _-__ ' Accrued Interest 13,153,896.35 -Total Portfolio 3,966,780,000.00 4,004,964,431.62 °_- Fed Agy Bond I Unsettled Trades 0.00 0.00 Note o 56.80/o Maturity:Distribution '1,11' 1 I ' 1111 l 52.73% Yield to Maturity at Cost 1.09% ::-„,,:_,,--.";:::;2:1, _ Yield to Maturity at Market 0.50% -= Duration to Worst 0.52 Weighted Average Days to Maturity 321 _ — 16.43% 18.34% 34.22%-5....:7,2- 12.50% — - __ - _ ---. 0.00% 0.00% 0-6 Months 6-12 Months I-2Years 2-3 Years 3-4Years 4-5Years Over Years Account 76990800 Page 2 1f - - PFM Asset Management LLC AOIT— Managed Account Issuer Summary For the Month Ending October 31,2010 SAN BERNARDINO COUNTY 76990800 , - issuer Summary �'• �• Market Value Issuer of Holdings Percent A-i BNP PARIBAS 164,998,292.80 4.13 TSY 2.51% CITIGROUP INC 25,553,975.00 0.64 9.34% A-1+ CREDIT AGRICOLE SA 189,998,425.30 4.76 AAAro 27.68% 0.58% FANNIE MAE 700,111,703.56 17.54 I _- FEDERAL FARM CREDIT BANKS 563,476,641.44 14.12 ek FEDERAL HOME LOAN BANKS 526,996,922.77 13.20 14 FEDERATED INVESTORS INC 2,000,000.00 0.05 FREDDIE MAC 651,583,725.40 16.32 -= - GENERAL ELECTRIC CO 197,729,115.90 495 GOLDMAN SACHS GROUP INC 71,469,700.00 1.79 NORDEA BANK AB 124,894,208.85 3.13RABOBANK NEDERLAND 149,999,808.50 3.76 SOCIETE GENERALE 99,998,300.00 2.51 SVENSKA HANDELSBANKEN 74,998,279.25 1.88 59.69% TORONTO-DOMINION BANK 75,008,246.50 1.88 UNITED STATES TREASURY 372,993,190.00 9.34 • Total $3,991,810,535.27 100.00% - Account 76990800 Page 3 �PF.lI" PFM Asset Management LI C S Managed Account Detail of Securities Held For the Month Ending October 31,2010 , ,v - - ,- :-_-�, a SAN BERNARDINO COUNTY 76990800 EL "- 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 912828350 25,000,000.00 TSY TSY- 08/03/09 08/04/09 25,159,179.68 0.76 131,489.07 25,009,571.75 25,020,500.00 DTD 11/30/2008 1.250%11/30/2010 US TREASURY NOTES 9128283V3 25,000,000.00 TSY TSY 11/04/09 11/05/09 25,112,304.69 0.48 73,709.24 25,015,921.25 25,028,325.00 DTD 12/31/2008 0.875%12/31/2010 US TREASURY NOTES 9128283V3 25,000,000.00 TSY TSY 11/16/09 11/17/09 25,127,929.69 0.42 73,709.24 25,018,657.50 25,028,325.00 DTD 12/31/2008 0.875%12/31/2010 - US TREASURY NOTES 912828317 25,000,000.00 TSY TSY 01/27/10 01/28/10 25,130,859.38 0.35 55,281.93 25,032,126.75 25,043,950.00 DTD 01/31/2009 0.875%01/31/2011 US TREASURY NOTES 912828317 25,000,000.00 TSY TSY 03/09/10 03/10/10 25,115,234.38 0.36 55,281.93 25,031,864.50 -25,043,950.00 DTD 01/31/2009 0.875%01/31/2011 - US TREASURY NOTES 9128276T4 20,000,000.00 TSY TSY 12/28/09 12/29/09 20,990,625.00 0.60 211,956.52 20,252,929.40 20,277,340.00 DTD 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 37,465.47 25,031,664.00 25,057,625.00 DTD 02/28/2009 0.875%02/28/2011 US TREASURY NOTES 912828KE9 25,000,000.00 TSY TSY 02/17/10 02/18/10 25,127,929.69 0.38 37,465.47 25,040,966.00 25,057,625.00 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 0.49 104,395.60 25,437,292.25- 25,469,725.00 DTD 03/31/2006 4.750%03/31/2011 US TREASURY NOTES 912828KL3 50,000,000.00 TSY TSY 12/22/09 12/23/09 50,175,781.25 0.61 1,208.56 50,064,767.00 50,171,900.00 DTD 04/30/2009 0.875%04/30/2011 US TREASURY NOTES 912828KU3 25,000,000.00 TSY TSY 05/03/10 -05/04/10 -25,104,492.18 0.48 92,042,35 25,056,414.75 25,099,600.00 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 26,906,250.00 1.05 307,999.32 25,709,844.00 25,868,175.00 DTD 07/31/2006 4.875%07/31/2011 US TREASURY NOTES 912828KP4 5,000,000.00 TSY TSY 06/05/09 -06/08/09 - 4,948,828.12 1.73 31,759.51 4,972,870.50 5,082,615.00 DTD 05/15/2009 1.375%05/15/2012 - US TREASURY NOTES 912828KP4 10,000,000.00 TSY TSY 06/08/09 06/09/09 9,838,281.25 1.95 63,519.02 9,914,055.10 10,165,230.00 DTD 05/15/2009 1.375%05/15/2012 Si Account 76990800 Page 4 .=1PF41 PFM Asset Management TA C jantaws ppm' Managed Account Detail of Securities Held For the Month Ending October 31 2010 SAN BERNARDINO COUNTY 7------0: _._. .. - 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 I "' ' ,.: . I _i; , 1 I_ 1 iii v ii I,I I II 1 I I H 1 II US TREASURY NOTES 912828KP4 10,000,000.00 TSY TSY 06/09/09 06/10/09 9,852,343.75 1.90 63,519.02 9,921,486.00 10,165,230.00 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 1.20 158,797.55 25,065,211.50 25,413,075.00 DTD 05/15/2009 1.375%05/15/2012 Security Type Sub-Total 370,000,000.00 375,080,273.43 0.68 1,499,599.80 371,575,642.25 372,993,190.00 GENERAL ELEC CAP CORP(FDIC)GLOBAL 36967HAM9 22,100,000.00 MA Ma 11/20/09 11/23/09 22,144,398.90- 0.22 11,205.01- 22,109,211.28 22,117,215.90 FRN DTD 03/12/2009 0.373%03/11/2011 GOLDMAN SACHS GROUP INC(FDIC)GL 38146FAF8 25,000,000.00 MA Aaa 01/23/09 01/28/09 24,931,500.00 1.74 119,618.06 24,980,101.00 25,234,850.00 NOTES DTD 01/21/2009 1.625%07/15/2011 GOLDMAN SACHS GROUP INC(FDIC)GL 38146FAF8 25,000,000.00 AM Aaa 07/29/09 08/03/09 25,150,500.00 1.31 119,618.06 25,054,889.00 25,234,850.00 NOTES DTD 01/21/2009 1.625%07/15/2011 GENERAL ELEC CAP CORP(FDIC)GLOBAL 36967HAN7 25,000,000.00 MA Aaa 03/11/10 03/16/10 25.557,750.00 1.11 76,562.50 25,383,738.75 25,626,375.00 NOTE DTD 03/12/2009 2.250%03/12/2012 CIIIGROUP FUNDING INC(FDIC)GLOBAL 17314AAF9 25,000,000.00 AAA Aaa 03/10/10 03/15/10 25,447,372.25 1.11 43,055.56 25,310,882.50 25,553,975.00 NOTE - DTD 03/30/2009 2.000%03/30/2012 - - Security Type Sub-Total 122,100,000.00 123,231,521.15 1.12 370,059.19 122,836,822.53 123,767,265.90 Iii p• FEDERATED PRIME OBLIGATION MUTUAL 60934N203 1,000,000.00 AAAm Aaa 08/27/08 08/27/08 1,000.000.00 0.08 0.00 1,000,000.00 1,000,000.00 FEDERATED GOVT OBLIGATIONS FUND 60934N104 1,000,000.00 AAAm Aaa 06/30/10 06/30/10 1,000,000:00 0.08 0.00 1,000,000.00 1,000,000.00 GOLDMAN FS GOVERNMENT MM FUND 38141W273 21,000,000.00 AAAm Aaa 09/30/10 09/30/10 21,000,000.00 0.08 0.00 21,000,000.00 21,000,000.00 Security Type Sub-Total 23,000,000.00 23,000,000.00 0.08 0.00 23,000,000.00 23,000,000.00 Account 76990800 Page 5 INN PFM Asset Management TA C Mt Wimm"mil Managed Account Detail of Securities Held For the Month Ending October 31,2010 SAN BERNARDINO GOUfVTY 76990804 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 Discount Note 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 49.993,389.00 49,996,409.00 -- 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 24,973,020.75 24,984,930.00 - 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 24,972,250.00 24,984.429.00 -- 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 24,928,819.50 24,966,773.00 - 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 24,928,819.50 24,966,773.00 -- 0.000%05/25/2011 FNMA DISC NOTE 313588HZ1 25,000,000.00 A-1+ P-1 07/20/10 07/20/10 24,901,111.11 0.40 0.00 24,930,000.00 24,958,302.50 -- 0.000%07/11/2011 Security Type Sub-Total 175,000,000.00 174,352,798.62 0.39 0.00 174,726,298.75 174,857,616.50 Federal.Agency.Bond/ Note FNMA GLOBAL NOTE(CALLED,OMD 31398A096 50,000,000.00 AAA Aaa 04/28/10 05/10/10 49,975,000.00 2.02 475,000.00 -49,978,859.50 - 50,017,600.00 5/10/2013) DTD 05/10/2010 2.000%11/10/2010 _ - FNMA GLOBAL BENCHMARK NOTES 31359MGJ6 25,000,000.00 AAA Aaa 04/08/08 04/09/08 27,478,000.00 2.65 763,715.28 25,038,110.50 25,064,200.00 DTD 11/03/2000 6.6250/0 11/15/2010 FFCB BONDS 31331H4M6 9,315,000.00 AAA Aaa - 04/08/08- 04/09/08 10,248,340.46 2.71 275,646.38 -9,336,390.78 9,351,011.79 DTD 11/22/2000 6.700%11/22/2010 - - FHLMC GLOBAL REFERENCE NOTES 3137EABV0 25,000,000.00 AM Aaa 10/27/08 10/28/08 24,897,000.00 3.08 315,451.39 24,996,877.50 25,043,925.00 DTD 10/10/2008 2.875%11/23/2010 FHLB TAP BONDS 3133XRFK1 5,200,000.00 AM Aaa 01/09/09 01/12/09 5,392,868.00- 1.52 71,283.33 5,211,053.12 5,218,912.40 DTD 06/02/2008 3.500%12/10/2010 FHLB TAP BONDS 3133XR4S6 11,385.000.00 AM Aaa 01/09/09 01/12/09 11,713,514.18 1.46 133,773.75 11,403,819.29 11,420,623.67 DTD 05/05/2008 3.000%12/10/2010 S Account 76990800 Page 6 PFM Asset Management LI C WManaged Account Detail of Securities Held For the Month Ending October 31,2010 N T IClNT - SAN BERNARDNO O17699080 - 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 BONDS(IX-CALLABLE) 31339XUJ1 8,485,000.00 MA Ma 05/19/08 05/20/08 8,465,569.35 3.24 87,607.63 8,483,691.87 8,529,402.01 DTD 07/03/2003 3.150%01/03/2011 FFCB BONDS 31331GJY6 25,000,000.00 MA Aaa 01/08/09 01/12/09 25,049,500.00 1.50 121,111.11 25,004,936.00 25,073,425.00 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 1.43 121,111.11 - 25,008,471.50 -- 25,073,425.00 DTD 01/12/2009 1.600%01/12/2011 - - FFCB BONDS 31331Y1435 10,000,000.00 MA Aaa 05/19/08 05/20/08 10,085,800.00 3.16 100,138,89 10,007,156.80 10,072,470.00 DTD 01/18/2008 3.500%01/18/2011 FHLMC GLOBAL REFERENCE NOTES 3134A4V30 10,000,000.00 AAA Aaa 05/19/08 05/20/08 10,394,300.00 3,19 135,902.78 10,032,819.90 10,099,190.00 DTD 12/16/2005 4.750%01/18/2011 FHLMC GLOBAL REFERENCE NOTES 3134A4V30 20,000,000.00 MA Ma 05/22/08 05/23/08 20,731,000.00 3.30 271,805.56 20,061,102.00 20,198,380.00 DTD 12/16/2005 4.750%01/18/2011 FHLB GLOBAL BONDS 3133XUHG1 25,000,000.00 MA Aaa 11/19/09 11/20/09 25,147,750.00 0.46 58,055.56 25,031,450,00 25,054,925.00 DTD 08/03/2009 0.950%02/03/2011 FFCB DESIGNATED BONDS 31331VSK3 12,500,000.00 AAA Aaa 02/03/10 02/04/10 13,078,673.75 0.40 123,567.71 12,665,743.13 12,675,037.50 DTD 03/06/2006 4.875%02/18/2011 FFCB DESIGNATED BONDS 31331VSK3 12,500,000.00 MA Ma 02/03/10 02/04/10 13,078,673.75 0.40 123,567.71 12,665,743.13 12,675,037.50 DTD 03/06/2006 4.875%02/18/2011 FHLB TAP BONDS 3133XVUB2 25,000,000.00 MA Aaa 11/20/09 11/23/09 24,975,000.00 0.46 19,010.42 24,993,975.75 25,019,675.00 DTD 11/19/2009 0.375%02/18/2011 FFCB BONDS 31331YWG1 50,000,000.00 MA Aaa 12/23/08 12/24/08 -51,429,000.00 1.67 241,666.67 - 50,224,187.00 - 50.489,400.00 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 5,327.68 10,000,000.00 10,004,890.00 DTD 03/09/2009 0.362%03/09/2011 FHLMC FLOATING MTN 3128X8RC8 10,000,000.00 MA Aaa 04/07/09 04/08/09 10,011,940.00 1.29 - 5,327.68 10,000,000.00 - 10,004,890.00 DTD 03/09/2009 0.362%03/09/2011 FHLMC FLOATING MTN 3128X8RC8 10,000,000.00 MA Aaa 04/07/09 04/08/09 10,011,943.13 1.29 5,327.68 10,000,000.00 10,004,890.00 DTD 03/09/2009 0.362°/a 03/09/2011 Account 76990800 Page 7 ZI' rPFM Asset Management LLC r Ateammis WForManaged Account Detail of Securities Held the Month Ending October 31,2010 SAN BERNA3DIN0 COU1:14V--.47 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 MA Aaa 03/24/09 03/25/09 25,004,500.00 1.34 13,319.21 25,000,000.00 25,012,225.00 DTD 03/09/2009 0.362%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 13,319.21 25,000,000.00 25,012,225.00 DTD 03/09/2009 0.362%03/09/2011 FHLS TAP BONDS 3133XPWW0 25,000,000.00 MA Aaa 11/14/08 11/17/08 25,072,500.00 3.12 112,847.22 25,011,737.50 - 25,283,325.00 DTD 02/22/2008 3.250%03/11/2011 - FHLB TAP BONDS 3133XPNY6 25,000,000.00 AM Aaa 12/03/09 12/04/09 25,732,550.00 0.56 99,826.39 25,208,863.75 25,244,900.00 DTD 02/08/2008 2.875%03/11/2011 FNMA GLOBAL BENCHMARK NOTES 31359MHK2 25,000,000.00 MA Aaa 11/12/08 11/13/08 26,510,650.00 2,81 175,694.44 25,246,790.75 25,502,250.00 DTD 03/26/2001 5.500%03/15/2011 - FNMAGLOBALNOTES 31398AV02 25,000,000.00 MA Ma 12/10/09 12/11/09 25,376,250.00 0.57 46,180.56 25,115,926.00 25,161,625.00 DTD 02/27/2009 L750%03/23/2011 FHLB GLOBAL BONDS 3133XUSX2 25,000,000.00 MA Ma 12/03/09 12/04/09 25,063,500.00 0.55 18,750.00 25,019,467.00 25,063,975.00 DTD 09/10/2009 0.750%03/25/2011 - FFCB BONDS 31331TZN4 12,150,000.00 MA Aaa 03/11/08 03/28/08 12,428,235.00 2.95 30,375.00 12,191,358.60 12,340,159.65 DTD 04/07/2004 3.750%04/07/2011 FHLMC GLOBAL REFERENCE NOTES 3137EAAB5 12,000,000.00 MA Aaa 03/12/08 -03/13/08 12,773,400,00 2.93 22,208.33 12,120,31180 12,275,496.00 DTD 03/09/2006 5.125%04/18/2011 FHLMC GLOBAL REFERENCE NOTES 3137EAAB5 25,000,000.00 AM Aaa 03/11/08 03/12/08 26,612,500.00 2.93 46,267.36 25,250,636,25 25,573,950.00 DTD 03/09/2006 5.125%04/18/2011 FHLMC GLOBAL REFERENCE NOTES 3137EAAB5 25,000,000.00 AM Aaa 10/22/08 - 10/23/08 26,030,000.00 3.38 46,267.36 25,198,673.00 25,573,950.00 DTD 03/09/2006 5.125%04/18/2011 - FFCB BONDS 31331YG46 25,000,000.00 AM Aaa 11/06/08 11/07/08 24,738,000.00 3.07 18,229.17 24,948,143.00 25,288,175.00 DTD 04/21/2008 2.625%04/21/2011 FFCB BONDS 31331YG46 50,000.000.00 AM Aaa 10/21/08 10/22/08 48,936,500.00 3.52 36,458.33 49,791,827.00 50,576,350.00 DTD 04/21/2008 2.625%04/21/2011 - - FNMA GLOBAL BENCHMARK NOTES 31359MJH7 50,000,000.00 MA Aaa 11/18/08 11/19/08 53,313,500.00 3.21 1,383,333.33 50,739,530.50 51,552,700.00 DTD 05/25/2001 6.000%05/15/2011 Account 76990800 Page 8 1:=PIThr PFM Asset Management LLC Ppm: Held Account Detail of Securities For the Month Ending October 31,2010 SAN 6ERNARDINCPCOUNTY 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 I Note FFCB FLOATING BONDS 31331GWG0 25.000,000.00 AM Aaa 05/20/09 05/21/09 25,000,500.00 0.42 3,125.87 25,000,000.00 25,013,300.00 DID 05/18/2009 0.346%05/18/2011 FHLB BONDS 3133XYNZ4 15,000,000.00 MA Ma 06/02/10 06/03/10 14,998,950.00 0,59 37,941.67 14,999,376.45 15,029,730.00 DTD 05/24/2010 0.580%06/10/2011 FHLB BONDS 3133XYNZ4 15,000,000.00 MA Aaa 06/02/10 -06/03/10 14,998,950.00 0.59 37,941.67 - 14,999,376.45 15,029,730.00- DTD 05/24/2010 0.580%06/10/2011 FHLB TAP BONDS 3133XBYA7 25,000,000.00 AM Aaa 07/23/08 07/24/08 25,158,250.00 4.01 416,145.83 25,035,144.25 25,578,925.00 DTD 05/24/2005 4.250%06/10/2011 FHLB GLOBAL BONDS 3133XRCW8 30,295,000.00 MA Aaa 05/18/10 05/19/10 _31,220,512.25 0.58 360,699.84 30,841,585.42-. 30,871,271.49 DTD 05/27/2008 3.375%06/24/2011 - FHLB GLOBAL BONDS 3133)2XH4 11,100,000,00 MA Ma 06/02/10 06/03/10 11,229,392.70- 0,61 47,097.92 11,183,237.01 11,209,357.20 DID 06/12/2009 1.625%07/27/2011 FFCB BONDS 31331YZ86 25,000,000.00 MA Aaa 11/05/08 11/06/08 25,518,000.00 3.10 177,604.17 25,155,66425 25,734,650.00 DID 06/25/2008 3.875%08/25/2011 - FFCB BONDS 31331YZ86 50,000,000.00 MA Aaa 11/04/08 11/05/08 50,894,000.00 3.20 355,208.33 50,268,753.50 51,469,300.00 DID 06/25/2008 3.875%08/25/2011 FHLMC(FLOATING)MTN 3134G1BL7 20,800,000.00 MA Aaa 05/06/10 05/07/10 20,795,840.00 0.28 888.33 20,795,840.00 20,794,030.40 DID 04/26/2010 0.256%10/26/2011 - FFCB BONDS(FLOATING) 31331G2M0 25,000,000.00 AAA Aaa 11/06/09 11/09/09 25,000,000.00 0.22 4,921.88 25,000,000.00 24,994,925.00 DID 11/02/2009 0.236%11/02/2011 FHLMC GLOBAL NOTES(CALLABLE) 3128X9K02 25,000,000,00 MA Aaa 10/29/09 11/10/09 24,975,000.00 1.25 - 142,500.00 24,987,110.50 25,004,225.00 DID 11/10/2009 1,200%11/10/2011 FHLMC GLOBAL NOTES(CALLABLE) 3128X9K02 25,000,000.00 MA Aaa 10/29/09 11/10/09 24,975,000.00 1.25 142,500.00 24.987,110.50 25,004,225.00 DTD 11/10/2009 1.200%11/10/2011 FFCB BONDS(CALLABLE) 31331G607 25,000,000.00 MA Aaa 12/18/09- 12/23/09 -25,000,000.00- 1.05 93,333.33 25.000,000.00 25,029,650.00 DTD 12/23/2009 1,050%12/23/2011 - - - FFCB BONDS 31331313L6 25,000,000.00 MA Aaa 02/18/10 02/19/10 25,065,000.00 0.96 83,263.89 25,041,179.50 25,233,200.00 DID 01/12/2010 1.100%01/12/2012 AU Account 76990800 Page 9 =•—•"PLNI" us PPM Asset Management TA C PFM` imi Managed Account Detail of Securities Held For the Month Ending October 31,2010 --,,,,-.11,,,,,i„, BIN7990AN ERNARDOGOU13.1 6800 - - 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(CALLABLE) 3128X9TM2 25,000,000.00 MA Aaa 01/05/10 01/25/10 25,000,000.00 1.38 91,666.67 25,000,000.00 25,054200.00 DTD 01/25/2010 1.375%01/25/2012 FHLB BONDS(CALLABLE) 3133XWPU7 25,000,000.00 AAA Aaa 01/22/10 01/25/10 24,997,500.00 1.13 75,000.00 24,998,452.25 25,046.675.00 DTD 01/25/2010 1.125%01/25/2012 FFCB BONDS(CALLABLE) 313313DM2 25,000,000.00 MA Aaa 02/05/10 -02/09/10 24,992,500.00 1.06 59,222.22 24,995,212.25 25,055,250.00 DTD 02/09/2010 1.040%02/09/2012 FHLB BONDS 3133XWFP9 25,000,000.00 AM Ma 12/29/09 12/30/09 24,854,250.00 1.33 48,854.17 24,910,414.50 25,236,200.00 DTD 12/24/2009 1.050%02/24/2012 FHLB GLOBAL BONDS 3133)0(PV3 25,000,000.00 MA Aaa 05/11/10 05/12/10 25,035,750.00 1.05 127,343.75 25,027,490.00 25,296,250.00 DTD 03/19/2010 1.125%05/18/2012 - - FFCB NOTES(FLOAT) 313313262 25,000,000.00 AAA Aaa 10/05/10 10/06/10 24,997,925.00 0.33 15,638.89 24,997,925.00 25,000,400.00 DTD 08/23/2010 0.315%05/23/2012 FNMA NOTES(CALLABLE) 31398AS37 25,000,000.00 AAA Aaa 05/10/10 05/25/10 25,016,250.00 1.27 140,833.33 25,009,230.00 25,100,475.00 DTD 05/25/2010 1.300%05/25/2012 FNMA NOTES(CALLABLE) 31398AS37 25,000,000.00 AM Aaa 05/27/10 05/28/10 25,022,500.00 1.25 140,833.33 25,012,889.75 25,100,475.00 DTD 05/25/2010 1.300%05/25/2012 FHLMC GLOBAL NOTES 3137EACC1 25,000,000.00 AAA Aaa 05/11/10 05/12/10 25,329,750.00 1.11 165,277.78 25,256,436.25 25,558,225.00 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 39,583.33 15,000,000.00 15,019,395.00 DTD 07/26/2010 1.000%07(26/2012 FHLMC NOTES(CALLABLE) 3134G1LT9 15,000,000.00 AM Ma 07/06/10 07/26/10 15,000,000.00- 1.00 39,583.33 15.000,000.00 15,019,395.00- DTD 07/26/2010 1.000%07/26/2012 _ FHLMC NOTES(CALLABLE) 3134G1LT9 20,000,000.00 AM Aaa 07/06/10 07/26/10 20,000,000.00 1.00 52,777.78 20,000,000.00 20,025,860.00 DTD 07/26/2010 1.000%07/26/2012 FMB BONDS(CALLABLE) 3133XWR76 25,000,000.00 MA Aaa 01/28/10 02/03/10 24,995,000.00 1.46 _ 88,611.11 24,996,470.75 25,076,675.00 DTD 02/03/2010 1.450%08/03/2012 FHLB GLOBAL BONDS 3133XUE41 50,000,000.00 AAA Aaa 07/31/09 08/03/09 49,767,500.00 1.91 167,708,33 49,860,593.00 51,226,050.00 DTD 07/23/2009 1.750%08/22/2012 Account 76990800 Page 10 ==PF:If r PFM Asset Management LLC Ala Mal pp m r Managed Account Detail of Securities Held For the Month Ending October 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 NOTES(CALLABLE) 3134G1180 25,000,000.00 AAA Ma 08/30/10 09/17/10 24,995,000.00 0.76 22,916.67 24,995,303.75 25,042,300.00 DTD 09/17/2010 0.750%09/17/2012 FHLMC GLOBAL REFERENCE NOTES 3137EACE7 25,000,000.00 AAA Aaa 12/22/09 12/23/09 25,393,000.00 1.54 59,027.78 25,272,382.25 25,807,950.00 DTD 08/06/2009 2.1250/0 09/21/2012 FHLMC(FLOATING)NOTES 3134G1WN0 25,000,000.00 MA Ma 10/13/10 10/14/10 25,002,500.00 0.32 4,569.45 25,002,171.75 25,067,825.00 DTD 10/12/2010 0.330%10/12/2012 - FHL8 BONDS 3133XVNT4 25,000,000.00 AM Aaa 12/01/09 12/02/09 25,216,250.00 1.46 166,493.06 25,152,051.00 25,664,375.00 DTD 11/04/2009 1.750%12/14/2012 FHLB BONDS 3133XVNT4 25,000,000.00 AM Aaa 12/04/09 12/07/09 25,039,500.00 1.70 166,493,06 25,027,916.25 25,664,375.00 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 1.68 158,194.44 25,002,084.75 25,038,950.00 DTD 12/17/2009 1.700%12/17/2012 FHLMC GLOBAL NOTES(CALLABLE) 3128X9PN4 50,000,000.00 AM Aaa 12/04/09 12/17/09 49,815,000.00 1.83 316,388.89 49,867,776.50 --50,077,900.00 DTD 12/17/2009 1.700%12/17/2012 - FFCB BONDS 31331JAB9 25,000,000.00 MA Ma 12/21/09 12/24/09 24,930,000.00 1.72 143,315.97 24,949,543.75 25,616,000.00 DTD 12/24/2009 1.625%12/24/2012 FNMA GLOBAL NOTES(CALLABLE) 31398A875 25,000,000.00 MA Aaa 12/15/09 12/28/09 24,890,000.00 1.90 149,479.17 24,920,252.00 25,050,975.00 DTD 12/28/2009 1.750%12/28/2012 FNMA GLOBAL NOTES(CALLABLE) 31398AB76 25,000,000.00 MA Aaa 02/10/10 02/11/10 24,981,250.00 1,78 149,479.17 24,985,997.25 25,050,975.00 DTD 12/28/2009 1.750%12/28/2012 FFCB BONDS(CALLABLE) 31331JEK5 25,000,000.00 AM Aaa 02/19/10 02/22/10 24,887,500.00 1.83 83,500.00 24,913,001.25 25,258,500.00 DTD 02/19/2010 1.670%02/19/2013 - FFCB BONDS 31331JBV4 25.000,000.00 AM Aaa 02(11/10 02/12/10 25,035,250.00 1.70 85,069.44 25,027,000.50 25,650,125.00 DTD 01/15/2010 1.750%02/21/2013 FNMA GLOBAL NOTES(CALLABLE) 31398A1-170 50,000,000.00 AM Aaa 03/05/10 03/15/10 49,925,000.00 1.85 115,000.00 49,940,364.00 - 50,229,750.00 DTD 03/15/2010 1.800%03/15/2013 FFCB BONDS 3133131451 25,000,000.00 AM Aaa 04/19/10 04/20/10 25.118,100.00 1.71 20,833.33 25,097,569.00 25,806.850.00 DTD 04/15/2010 1.875%04/15/2013 Account 76990800 Page 11 -= PFM Asset Management I A C willr— ANIS PPM` Managed Account Detail of Securities Held For the Month Ending October 31,2010 SAN BERNARD• INO 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 NOTES(CALLABLE) 3134G1ML5 10,000,000.00 AM Aaa 07/12/10 07/26/10 10,000,000.00 1.40 36,944,44 10,000,000.00 10,018,550,00 DTD 07/26/2010 1.400%07/26/2013 FHLMC NOTES(CALLABLE) 3134G1ML5 10,000,000.00 MA Aaa 07/12/10 07/26/10 10,000,000.00 1.40 36,944.44 10,000,000.00 10,018,550.00 DTD 07/26/2010 1.400%07/26/2013 FHLMC NOTES(CALLABLE) 3134G1ML5 10,000,000.00 AM Aaa 07/12/10 -07/26/10 - 10,000,000.00 1.40 36,944.44 10,000,000.00 10,018,550,00 DTD 07/26/2010 1.400%07/26/2013 _ FNMA NOTES(CALLABLE) 31398AZ47 3,175,000.00 MA Ma 07/30/10 08/02/10 3,175,000.00 1.25 10,142.36 3,175,000.00 3,189,474.83 DTD 07/29/2010 1.250%07/29/2013 FNMA NOTES(CALLABLE) 31398AZ47 25,000,000.00 MA Ma 07/21/10 07/29/10 24,984,750.00 1.27 79,861.11 24,986,028.50 25,113,975.00 DTD 07/29/2010 1.250%07/29/2013 - FNMA NOTES(CALLABLE) 31398AZ47 50,000,000.00 AM Aaa 07/21/10 07/29/10 49,969,500.00 1.27 159,722.22 49,972,057.00 50,227,950.00 DTD 07/29/2010 1,250%07/29/2013 FNMA NOTES(CALLABLE) 31398A2H4 20,895,000.00 MA Aaa 07/30/10 08/16/10 20,895,000.00 1.35 58,767.19 20,895,000.00 20,939,360.09 DTD 08/16/2010 1.350%08/16/2013 - FNMA NOTES(CALLABLE) 3136FPCR6 10,390,000.00 AM Aaa 08/17/10 08/27/10 10,385,844,00 1.01 18,471.11 10,386,087.23 10,454,116.69 DTD 08/27(2010 1.000%08/27/2013 FNMA NOTES(CALLABLE) 3136FPCR6 39,610,000.00 MA Aaa 08/17/10 08/27/10 39,598,117.00 1.01 70,417.78 39,598,812.16 39,854,433.31 DTD 08/27/2010 1.000%08/27/2013 FHLMC NOTES(CALLABLE) 3134G1SB1 25,000,000.00 AM Aaa 08/24/10 09/03/10 25,000,000.00 1.15 46,319.44 25,000,000.00 25,046,625.00 DTD 09/03/2010 1.150%09/03/2013 FHLB NOTES TAP ISSUE 313370LB2 25,000,000.00 MA Ma 10/26/10 10/27/10 25,195,250.00 0.73 56,944.44 25,194,505.75 -25,298,025.00 DTD 08/09/2010 1.000%09/13/2013 FNMA NOTES(CALLABLE) 31398A3L4 1,980,000.00 AM Aaa 09/21/10 09/22/10 1,979,901.00 1.13 2,722.50 1,979,904.70 1,984,342.14 DTD 09/17/2010 1.125%09/17/2013 FNMA NOTES(CALLABLE) 31398A3L4 12,500,000.00 AM Aaa 09/21/10 09/22/10 12,499,750.00 1.13 17,187.50 12,499,760.00 - 12,527,412.50 DTD 09/17/2010 1.125%09/17/2013 FNMA NOTES(CALLABLE) 31398A3L4 12,500,000.00 MA Aaa 09/21/10 09/22/10 12,499,750.00 1.13 17,187.50 12,499,760.00 12,527,412.50 DTD 09/17/2010 1.125%09/17/2013 Account 76990800 Page 12 =PEW PPM Asset Management T.1 C x Managed Account Detail of Securities Held i For the Month Ending October 31,2010 e SAN BERNARDINTO-COl1NIN- 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 FNMA NOTES 31398A2M3 25,000,000.00 AAA Aaa 09/09/10 09/10/10 25,041,250,00 1.07 24,218.75 25,039,346.00 25,352,475.00 DTD 08/02/2010 1.125%09/30/2013 FNMA NOTES(CALLABLE) 31398A4D1 25,000,000.00 AM Aaa 09/23/10 09/30/10 25,018,625.00 1.22 26,909.72 25,015,417.25 25,064,775.00 DTD 09/30/2010 1.250%09/30/2013 FNMA NOTES(CALLABLE) 31398A41-32 25,000,000.00 AM Ma 09/23/10 10/08/10 25,000,000.00 1.13 17,968.75 25,000,000.00 25,049,200.00 DTD 10/08/2010 1.125%10/08/2013 - - FNMA NOTES(CALLABLE) 31398A402 5,000,000.00 AM Ma 09/28/10 10/18/10 5,000,000.00 1.00 1,805.56 5,000,000.00 5,015,485.00 DTD 10/18/2010 1.000%10/18/2013 FNMA NOTES(CALLABLE) 31398A402 5,000,000.00 AM Aaa 09/28/10 10/18/10 5,000,000.00 1.00 1,805.56 5,000,000.00 5,015,485.00 DTD 10/18/2010 1.000%10/18/2013 FNMA NOTES(CALLABLE) 31398A402 5,000,000.00 AM Aaa 09/28/10 10/18/10 5,000,000.00 1.00 1,805.56 5,000,000.00 5,015,485.00 DTD 10/18/2010 1.000%10/18/2013 FNMA NOTES(CALLABLE) 31398A402 5,000,000.00 AM Aaa 09/28/10 10/18/10 5,000,000.00 1.00 1,805.56 5,000,000.00 - 5,015,485.00 DTD 10/18/2010 1.000%10/18/2013 - FNMA si LP-RATE NOTES(CALLABLE) 3136FPNT0 25,000,000.00 AM Aaa 10/08/10 10/18/10 24,992,500.00 1.05 5,642.36 24,996,331.00 25,006,150.00 DTD 10/18/2010 0.625%10/18/2013 FHLMC NOTES 3137EACL1 25,000,000.00 AM Aaa 09/02/10 09/03/10 24,903,675.75 1.00 43,142.36 24,908,568.25 25,166,550.00 DTD 08/20/2010 0.875%10/28/2013 • - - Security Type Sub-Total 2,246,780,000.00 2,266,079,690.32 1.61 11,088,022.06 2,250,647,138.34 2,267,311,376.67 Commercial Paper GENERAL ELEC CAP SVCS COMM PAPER 36959SL19 25,000,000.00 A-1+ P-1 08/27/10 08/27/10 24,989,000.00 024 0.00 25,000,000.00 24,999,625.00 — 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 50,000,000.00 49,999,250.00 — 0.000%11/01/2010 SOCIt it GENERALE N AMER COMM PAPER 83365SL19 50,000,000.00 A-1 P-1 10/29/10 10/29/10 49,999,041.67 0.23 0.00 50,000,000.00 49,999,150.00 — 0.000%11/01/2010 CREDIT AGRICOLE NA COMM PAPER 22532CL10 50,000,000.00 A-1+ P-1 10/29/10 10/29/10 49,999,083.33 0.22 0.00 -50,000,000.00- 49,999,250.00 — 0.000%11/01/2010 III Account 76990800 Page 13 =PEW PFM Asset Management LLC ppm- IS 1111111111111111111 Managed Account Detail of Securities Held For the Month Ending October 31,2010 SAN BERNAaDINO GOUNI1 - 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 CREDIT AGRICOLE NA COMM PAPER 22532CL10 50.000,000.00 A-1+ 10-1 10/29/10 10/29/10 49.999.083.33 022 0,00 50,000,000.00 49.999250.00 - 0.000%11/01/2010 SOCIti t GENERALE N AMER COMM PAPER 83365SL19 50,000,000,00 A-1 P-1 10/29/10 10/29/10 49,999,125.00 0.21 0.00 50,000,000.00 49,999,150.00 - 0.000%11/01/2010 BNP PARIBAS FINANCE INC COMM PAPER 0556N1L19 50,000,000.00 A-1+ P-1 10/29/10 10/29/10 49,999,166.67 0.20 0.00 50,000,000.00 49,999,250.00 - 0.000%11/01/2010 BNP PARIBAS FINANCE INC COMM PAPER 0556N1L19 50,000,000.00 A-1+ P-1 10/29/10 10/29/10 49,999,166.67 0.20 0.00 50,000,000.00 -49.999,250.00 - 0.000%11/01/2010 RABOBANK USA FIN CORP COMM PAPER 74977LL13 50,000,000.00 A-1+ P-1 10/29/10 10/29/10 49,999,208.33 0.19 0.00 50,000,000.00 49,999,350.00 - 0.000%11/01/2010 RABOBANK USA FIN CORP COMM PAPER 74977LL13 50,000,000.00 A-1+ P-1 10/29/10 10/29/10 49,999,208.33 0.19 0.00 - 50,000,000.00 49,999,350.00 -- 0.000%11/01/2010 - - NORDEA NORTH AMERICA INC COMM 6555P1M12 24,900,000.00 A-1+ P-1 10/04/10 10/04/10 24,889,970.83 0.25 0.00 24,894,812.58 24,894,746.10 PAPER -- 0.0000/0 12/01/2010 GENERAL ELEC CAP SVCS COMM PAPER 369595M18 25,000,000.00 A-1+ P-1 09/27/10 09/27/10 24,989,618.06 0.23 0.00 24,995,208.25 24,995,550.00 -- 0.000%12/01/2010 GENERAL ELEC CAP SVCS COMM PAPER 369595M18 50,000,000.00 A-1+ P-1 09/27/10 09/27/10 49,979,236.11 0.23 0.00 49,990,416.50 49,991,100.00 -- 0.000%12/01/2010 Security Type Sub-Total 574,900,000.00 574,818,90833 0.22 0.00 574,880,437.33 574,874,271.10 I I in 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 - 9,041.67 25,000,000.00 24,999,972.25 DEPOS DTD 08/31/2010 0.210%11/01/2010 -CREDIT AGRICOLE CIB NY CERT DEPOS 22532YVE3 40,000,000.00 A-1+ P-1 10/29/10 10/29/10 40,000,000.00 0.22 733.33 40,000,000.00 39,999,966.80 DTD 10/29/2010 0.220%11/01/2010 CREDIT AGRICOLE CIB NY CERT DEPOS 22532YVE3 50,000,000.00 A-1+ P-1 10/29/10 10/29/10 50,000,000.00 0.22 - 916.67 50,000,000.00 49,999,958.50 DTD 10/29/2010 0.220%11/01/2010 - - Account 76990800 Page 14 SPEW PFM Asset Management T 4 C sr Managed Account Detail of Securities Held For the Month Ending October 31,2010 SAN BER(�IARDINI 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 BNP PARIBAS SF CERT DEPOS 055660505 10,000,000.00 A-1+ P-1 10/26/10 10/26/10 10,000,000.00 0.21 350.00 10,000,000.00 9,999,977.80 DTD 10/26/2010 0.210%11/02/2010 TORONTO DOMINION BANK NY CERT 89112YJX2 25,000,000.00 A-1+ P-1 08/31/10 08/31/10 25,000,000.00 0.21 9,041.67 25,000,000.00 24,999,944,25 DEPOS DTD 08/31/2010 0.210%11/02/2010 - BNP PARIBAS SF CERT DEPOS 055660433 20,000,000.00 A-1+ P-1 09/23/10 09/23/10 20,000,000.00 0.25 5,416.67 20,000,000.00 19,999,999.80 DTD 09/23/2010 0.250%11/03/2010 NORDEA BANK FINLAND NY CERT DEPOS 655S7VAJO 25,000,000.00 A-1+ P-1 09/16/10 09/16/10 -25,000,000.00 0.22 - - 7,027.78 25,000,000.00 24,999,937.25 DTD 09/16/2010 0.220%11/03/2010 - NORDEA BANK FINLAND NY CERT DEPOS 65557VCY5 25,000,000.00 A-1+ P-1 10/25/10 10/25/10 25,000,000.00 0.21 1,020.83 25,000,000.00 24,999,661.00 DTD 10/25/2010 0.210%11/05/2010 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 - 62,250.00 25,000,000.00 - 25,002,412.50 DTD 05/19/2010 0.540%11/12/2010 - BNP PARIBAS SF CERT DEPOS 0556605A1 10,000,000.00 A-1+ P-1 10/22/10 10/22/10 10,000,000.00 0.24 666.67 10,000,000.00 9,999,947.20 DTD 10/22/2010 0.240%11/19/2010 BNP PARIBAS SF CERT DEPOS 055660569 25,000,000.00 A-1+ P-1 10/25/10 10/25/10 25,000.000.00 -0.24 1,166.67 25,000,000.00 24,999,868.00 DTD 10/25/2010 0.240%11/19/2010 NORDEA BANK FINLAND NY CERT DEPOS 65557VAZ4 50,000,000.00 A-1+ P-1 09/23/10 09/23/10 50,000,000.00 0.24 13,000.00 50,000,000.00 49,999,664.50 DTD 09/23/2010 0.240%11/24/2010 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 59,000.00 25.000,000.00 25,008,330.00 DEPOS DTD 06/10/2010 0.590%12/06/2010 SVENSKA HANDELSBANKEN NY CERT DEPOS 86959BHP3 25,000,000.00 A-1+ P-1 09/27/10 09/28/10 25,000,000.00 0.25 5,902.78 25,000,000.00 24,999,250.25 DTD 09/28/2010 0.250°/ 12/21/2010 SVENSKA HANDELSBANKEN NY CERT DEPOS B6959BHE8 25,000,000.00 A-1+ P-1 09/23/10- 09/23/10 25,000,631.55 0.25 7,041.67 25,000,361,00 24,999,514.50 DTD 09/23/2010 0.260%12/23/2010 - SVENSKA HANDELSBANKEN NY CERT DEPOS 86959BHEB 25,000,000.00 A-1+ P-1 09/27/10 09/27/10 25,000,603.37 0.25 7,041.67 25,000,360.75 24,999,514.50 DTD 09/23/2010 0.260%12/23/2010 _ Account 76990800 Page 15 SPEW PFM Asset Management T.I C S Ma— I ------ Managed Managed Account Detail of Securities Held For the Month Ending October 31,2010 SAN BERNARDINO COUNTY- - 76990800 m . 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 RABOBANK NEDERLAND NV NY CERT DEPO5 7497713Y9 25,000,000.00 A-1+ P-1 09/24/10 09/24/10 25,000,000.00 0.25 6,597.22 25,000,000.00 24,998,696.00 DTD 09/24/2010 0.250%12/31/2010 Security Type Sub-Total 455,000,000.00 455,001,234.92 0.27 196,215.30 455,000,721.75 455,006,815.10 Managed Account Sub-Total 3,966,780,000.00 3,991,564,426.77 1.09 13,153,896.35 3,972,669,060.95 3,991,810,535.27 Securities Sub-Total $3,966,780,000.00 $3,991,564,426.77 1.09% $13,153,896.35 $3,972,669,060.95 $3,991,810,535.27 Accrued Interest $13,153,896.35 Total Investments $4,004,964,431.62 __ Account 76990800 Page 16 �PFB£ PFM Asset Management T.1 C ,AIF Regular Monthly Statement Page 1 of 1 Local Agency Investment Fund P.O. Box 942809 www.treasurer.ca.eov/umia-laif Sacramento, CA 94209-0001 (916) 653-3001 November 16, 2010 CITY OF CHINO HILLS FINANCE DIRECTOR 2001 GRAND AVENUE CHINO HILLS, CA 91709 PMIA Average Monthly Yields Account Number: 98-36-151 Transactions October 2010 Statement Tran Tyne Definitions Effective Transaction Tran Confirm Date Date TYPe Number Authorized Caller Amount 10/15/2010 10/14/2010 ORD 1291196 SYSTEM 51,348.72 Account Summary Total Deposit: 51,348.72 Beginning Balance: 39,758,762.40 Total Withdrawal: 0.00 Ending Balance: 39,810,111.12 https://laifms.treasurer.ca.gov/RegularStatement,aspx 11/16/2010 / State of California Pooled Money Investment Account Market Valuation ����� ��A��A� o�x� nxa�� x� : ^, ; :,' 0 United StateTreasury: Bills $ 26,565.897'835.86 $ 26,826.125,250.00 NA Notes $ 6.049.307,534.12 $ 0.714.762,500.00 $ 17.822'43280 Federal Agency: SBA $ 532,085.331.20 $ 580.806.391.68 $ 578.528.14 MBS-REMICs $ 504,007.29549 $ 824'818.365.47 $ 2.780.907.42 Debentures $ 049'989'742.00 $ 061.205.000.00 $ 799'994.50 Debentures FR $ 208.000.000.00 $ 200,080.000.00 $ 175,374.50 Discount Notes $ 7.278'004,858.62 $ 7,297.360.600.00 NA GNMA $ 03.032.50 $ 64,639.34 $ 623.44 IBRD Deb FR $ 300.000.000.00 $ 308.873,800.00 $ 29,950.67 1 1 CDs and YCDs FR $ 600.000'000.00 $ 600,800'000.00 $ 428,589.56 I Bank Notes $ 100'000'000.00 $ 99,999,997.34 $ 19.833.80 .I CDs and YCDs $ 4'800'000.000.00 $ 4,798'978'150.86 | $ 808,513.89 1 Commercial Paper $ 7'808'374'244.44 $ 7.009'027'718.05 NA Corporate: Bonds FR $ - $ - $ - l Bonds $ - $ - $ _ Repurchase Agreements $ 500,000,000.00 $ 500,000,000.00 NA Reverse Repurchase $ - $ - $ - Time Deposits $ 4.191.650,000.00 $ 4.191,650,000.00 NA AB 55&GF Loans $ 8,042,617,342.52 $ 8,042,617,342.52 NA TOTAL $ 68'601,497,277.81 $ 68,789,349,963.36 $ 23'424'807.45 | Fair Value Including Accrued Interest $ 68`812.774,770.81 Repurchase Agreements, Time Deposits,AB 55&General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value(carrying cost).