Loading...
11-12-2008 CC Rpt A06COUNCIL AGENDA STAFF REPORT Meeting Date: November 12, 2008 o$' Public Hearing: O Discussion Item: ❑� Consent Item: ��,, NOVEMBER 5, 2008 CITY CLERK USE ONLY TO: HONORABLE MAYOR AND CITY COUNCIL MEMBERS FROM: CITY MANAGER SUBJECT: TREASURER'S REPORT FOR SEPTEMBER 2008 RECOMMENDATION: Approve the Treasurer's Report for September; and 2. Authorize staff to continue investing all of the City's funds in State and County investment pools. BACKGROUND/ANALYSIS: The Treasurer's Report for September 2008 may be seen in Exhibit A (attached). The amount of cash and investments for all funds amounts to $159,287,352.86. 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: NOVEMBER 12, 2008 SUBJECT: TREASURER'S REPORT FOR SEPTEMBER 2008 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. Due to the City having limited staff and resources, it is recommended that the City continue investing all funds in State and County investment pools as a prudent means of balancing investment returns with the costs of investment activities. FISCAL IMPACT: In accordance with California Government Code, the Finance Director/City Treasurer certifies that sufficient investment liquidity, as well as sufficient anticipated revenues, are available to meet the City's budgeted expenditure requirements forthe six months ending March 31, 2009. The investments reported in the Treasurer's Report are in compliance with the City's Investment Policy. espectfully submitted, • Cam' ���"' "`_ boucjtaak LaBelle, City Manager DLB:JRL:jw Att. Recommended by: d W / f/ /i . EXHIBIT A CITY OF CHINO HILLS TREASURER'S REPORT SEPTEMBER 2008 I. Funds Held by City and Fiscal Agents: A. Funds Held by City: Investments San Bernardino County Pooled Funds of Investments (SBCPFI) Los Angeles County Pooled Funds of Investments (LACPFI) State of California Local Agency Investment Fund (LAIF) Total Investments Cash Bank of America - Checking Bank of America - Payroll Wells Fargo Bank - Credit Card Total Cash in Bank Petty Cash Total Cash Total Funds Held by City B. Funds Held by Fiscal Agents: U.S. Bank BNY Western Trust Company Total Funds Held by Fiscal Agents Total Funds Held by City and Fiscal Agents 11. Estimated Composite Investment Earnings Rate: (Actual Investment Earnings Rate for SBCPFI : 3.31 %; LAIF: 2.77%; Estimated Investment Earnings Rate for LACPFI : 3.31%) Ill. Cash Flow Transactions by Major Fund Types: Market Cost Value $ 45,993,260.79 $ 45,975,914.53 43,224,771,01 (1) 43,078,538.35 39,145,408.26 39,111,653.01 128, 363, 440.05 128,166,105.89 4,135,116,75 4,135,116.75 10,000.00 10,000.00 100,6a65 100,618,65 4,245,735.40 4,245,735.40 2,600.00 2,600.00 4,248,335.40 4,248,335.40 132,611,775.46 132,414,441.29 24,158,337.37 24,158,337.37 2,517,240.03 2,517,240.03 26,675,577.40 26,675,577A0 $ 159,287,352.86 $ 159,090,018.69 3,16% Beginning Ending Cash Balance Cash Cash Cash Balance Fund 09/01/08 Receipts Disbursements 09/30/08 General Fund $ 58,496,463.60 $ 5,391,438.01 (16,899,573.53) $ 46,988,328.08 Water Funds 28,634,657.16 3,326,868.34 (1,497,609,07) 30,463,916,43 Sewer Funds 11,124,774.63 5,452,364.72 (105,849.25) 16,471,290.10 Parks & Landscape 5,501,881.56 3,813,686.62 (784,358.34) 8,531,209.84 Development Funds 14,278,082.19 238,466.61 (240,017.80) 14,276,531.00 Comm. Facilities Dist. 35,229,472.56 1,983,609.25 (9,770,768,08) 27,442,313.73 Assessment Districts 5,418,726.31 3,905,774.80 (4,922,496.67) 4,402,004.44 Miscellaneous Funds 12,406,380.39 4,634,777.74 (6,329,398.89) 10,711,759.24 Total $ 171,090,438A0 $ 28,746,986.09 $ (40,550,071,63) $ 159,287,352.86 EXHIBIT A CITY OF CHINO HILLS TREASURER'S REPORT SEPTEMBER 2008 Page 2 of 2 IV. Funds Held by Deterred Compensation Providers - Market Month Ending September 2008 Value ING Life Insurance and Annuity Company 1,988,997.29 ICMA 4,008,731.08 Total Funds Held by Deferred Compensation Providers $ 5,997,728.37 Footnotes: (1) The Los Angeles County Pooled Funds of Investment statement is not available as of the date of this report. 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 March 31, 2009. Judy Lancaster Finance Director/City Treasurer Funds Held by City: Beginning Book Balance 0, 09/01/08 Cash Receipts Cash Disbursements Journal Entries For Month Endinq Book Balance (ED, 09/30/08 Reconciling Transactions Endinq Bank Balance Funds Held by City Funds Held by Fiscal Aaent: Beoinninq Book Balance Col 09/01/08 I lCash Receipts I )Cash Disbursements Journal Entries For Month Ending Book Balance aa),, 09/30/08 Reconcilina Transactions I IEndinq Bank Balance Funds Held by F/A 1 I I 18ummary of Cash Balances: IBeoinninq Cash Balance I Funds Held by City Funds Held by Fiscal Aaent Total Beamnina Cash Balance I lEndinq Cash Balance Funds Held by City I Funds Held by Fiscal Aaent 1Total Endina Cash Balance City of Chino Hills Treasurer's Report Worksheet II General II Water II Sewer II Parks & 11 Development 11 Comm. Facilities II II Fund 11 Funds II Funds 11 Landscape II Funds II District II II II II II II 38,084,818,28 II 27,736,485.58 it 11,124,774.63 II 5501,881.56 II II I II If (i II 5,364,267.07 I 3,325.662.65 11 5,452,364.72 II 3,813,686.62 11 is 11 If it II (12412,632.94) I (1,497.609.07) 11 (105,849.25)11 (784,35834)] i 11 it I 11 If I it 11 II 1 II 31,036,452.41 11 29,564,542.16 If 16,471 290.10 11 8,531.209.84 1 It II I) I) (I II II 31_036.452.41 II 29.564.542.16 II 16 471.290.10 II 8 531.209.84 II -�I II 11 it if 11 II If 20, 411, 645.32 11 898A68.58 1 0.00 11 0.00 11 II II I II II 27.170.94 11 1,205.69 1 0.00 11 0.00 I ) II 1 11 11 (4,486.940.59)11 0.0o I o.00 II 0.00 II II II I II II o.0o II It 15.951 875.67 11 899.374.27 11 0.00 11 0.00 11 II it fl � ii 0.00 11 II II 11 It If 11 6 8 II 15.951.875 67 II 899 374 77 11 0.00 II 0.00 11 N - --- -�-I I If !! AA ) I II II I I I II II ) i I 38,084.818.28 27.736.486.581 11.124.774.63 I 5.501.881.561 20.411.645.32 11 898.168.58 i 0.00 1 0.00 1 ( 58496,463.6011_ 28,634,657.1611 11.124.774.6311 5.501,881.5611 31.036.452.41 II 29.564.542.16 II 16A71,290.10 11 8.531,209-84 11 15.951 875.67 11 899,374.27 11 0.0011 0.00 it 46.988.328.08 II 30.463 916.43 II 16 471 290.10 II 8 531 209,84 11 11 If 14,278,082.19 II 18,095,637.88 II It If 238, 466.61 11 1, 970, 258.48 I I it 8 (240,017.80)11 (35.092.83)11 14,276,531.00 II 20.030,803,53 II II I) 14 276 53L00 11 20 030,803.53 it 0.00)) 17 133.834.68 0 II II aoc) II 13,350.77 11 II II 0.00I (9.735.675.25)11 II II II II II II 0.00 11 7-411.510.20 It 0.00 II 7 411 510,20 11 11 11 II II II II II II II II 14 278.082.19 11 18,095.637.88 It 0.00 II 17.133.834.68 11 14.278.082.19 it 35.229.472.56 11 If 11 14,276,531.00 II 20.030.803.53 II 0,00 II T411.510.20 It 14 276 931.0171 If 27 442 313.73 11 Assessment II Miscellaneous Districts II Funds II Total 6 1, 992, 433.05 11 II 12, 406.380.39 11 II 129, 220 , 496.56 � 1,951,620.80 I 4,634,777.74 1 26,751,104.69 I 11,954.866.67)1 I I (6,329,398,89)1 (23,3%825.79) I 0.00 I 0.01) 1,989,187.18 II I 10,711,759.24 it 132,611,775,46 0.00 I) 0.00 1.989.187.18 Il If II 10.711 759.24 ii 132.611.775.46 II 3.426.293.26 II II I I 0.00 1 41.369 941.84 1,954.154,00 11 I 0.00 1 1,995.881.40 II (2.967.630.00)11 II I 0,00 1 I (17.190.245.84) 0.00 I 0.00 tl 2.412.817.2611 II Q0011 II 26.675,577.40 0.00 11 0.00 2 412 817.26 II I 0.00 1 I 1 26 675 577.40 I I I 1.992.433.05 1 I I I 12.406.380.39 1 129,220.496.56 3.425.293.26 1 0.00 it 41.869.941.84 5A18.726.31 1 II 12.406.380.39 it it 171 090 438.40 II 1 98 & 187.18 I I II 10.711, 759.24 11 132.611.775.46 2.412.817.26 It 0.00 11 26.675.577.40 4,402 004 44 11 10 711 75924 11 159287 352.86 PGM : F2260 DETAIL EXPENDITURE TRANSACTION LISTING BY OBJECT CODE PAGE: 7614 TIME: 03:43:39 ACCOUNTING PERIOD 03 - 09/2008 DATE: 10/02/200E FUND/DEPT/ORGI: SED OBJECT/ BUDGET/ TR DATE ORG GEC TRANSACTION ID DESCRIPTION/VENDOR EXPENDITURES ENCUMBRANCES PRE -ENCUMBRANCES REMAINING BUDGET ---------- ------ ------ --------------------------------------------------- ----------------- ----------------- __-------_---_--- #*+ NO ACTIVITY FOR THIS PERIOD #**' RED BEGINNING RAL - CASH IN COUNTY TREASURY 45�993�260.79 BED ENDING BAL - CASH IN COUNTY TREASURY 45:993�260.79 CITY 0£ CHINO HILLS (CM002 ) PACKET PAGE NUMBER 3 ** ti++ k F k n REPORT CODE NAME: FZ365 REPORT DISTRIBUTION SYSTEM FINAL REPORTS FOR SEPTEiBER, 2006 # F Y REVENUE DETAIL TRANSACTIONS X X } X X k X #kYYF*#xF*+*kkrtrt**nrt+fi+xk*{4n*#%4+nFSY*#+ti#F4#if+n*xY*F#kkXW#W#{#*k#Y*+x+n*F##kit+*x%+#+#i+t*Xsrt#kki#h+kn*;**Ys*#*X*Wt#+*k*k++Wk rti CITY OF CHINO HILLS (CM002 ) PACKET PAGE NUMBER 4 * ACCOUrit Summary: 76990800 SANBERNARDINO COUNTY MARKET % OF SECURITY TYPE PAR VALUE AMORTIZED COST MARKET VALUE PORTFOLIO CERTOFDEPOSIT 550,000,000.00 550,069,092.25 548,863,226.30 13.30 COMMERCIAL PAPER 275,000,000.00 274,154,330.50 273,836,696.29 6.64 CORPORATENOTE 188,234,000.00 190,484,209.92 187,777,150,50 4.55 FEDAGYBOND/NOTE 2,307,043,000.00 2,317,369,003.95 2,319,755,860.40 56.22 FEDAGYDN 383,000,000.00 380,397,030.62 380,605,772.79 9.22 MNYMRKTIMUTUAL FND 301,000,000.00 301,000,000.00 301,000,000.00 7.29 REPO AGREEMENT 100,000,000.00 100,000,000.00 99,998,465.00 2.42 USTSYBONDINOTE 15,000,000.00 14,998,689.30 15,014,070.00 0.36 TOTAL SECURITIES 4,119,277,000.00 4,128,472,356.54 4,126,851,241.27 100.00 CASHBALANCE 169,831,834.80 169,881,834.80 169,881,834.80 TOTAL INVESTMEYTS 4,289,158,834.80 4,298,354,191.34 4,296,733,076.07 ACCRUED INTEREST 30,608,040.99 30,608,040.99 TOTAL PORTFOLIO 4,289,158,834.80 $4,328,962,232.33 $4,327,341,117.06 MONTH ENDED: September 30, 2008 YTM AT YTM AT COST MARKET DURATIOY 2.82 3.97 0,18 2.71 3.97 0.10 3.32 5.21 0.75 3.98 3.32 1.24 2.78 2.57 0.23 1.91 1.91 0.00 1,45 2.00 0.00 3,36 0.82 0.04 3,39 % 3.32 % 0.78 Detail Of Securities Held: 76990800 SANBERNARDINO COUNTY MONTH ENDED: September 30, 2008 (Excluding Cash/MoneyFund) SECURITY TYPE S&P MATURITY PURCHASE ORIGINAL YTM ACCRUED AMORTIZED MARKET DESCRIPTION CUSIP RATING PAR COUPON DATE DATE COST AT COST INTEREST COST VALUE CERT OF DEPOSIT WELLS FARGO BANK NA CERT DEPOS 9497P6VBI A -I+ 25,000,000.00 2.450 10/6/2008 913/2008 25,000,000.00 245 47,638.89 25,000,000.00 24,993,479.75 CALYONNYCERTDEPOS 1317AOQWS A-1+ 25,000,00.00 2.730 10/14/2008 4/14/2003 25,003,683.88 2.70 327,979+17 25,000,261.75 24,987,70125 UBS AG STAMFORD CERTDEPOS 90263LUC8 A -I+ 25,000,000.00 2.830 10/16/2008 7/182008 25,000,000.00 2,83 147,395.83 25,000,000.00 24,987,548.50 UBSAG STAMFORD CERTDEPOS 90263LUW4 A -I+ 25,000,000.00 2.825 10/20/2008 7/21/2008 25,000,000.00 2.83 141,250.00 25,000,000.00 24,984,925.25 NORDEA BANK FINLANDNYCERTDEPOS 65556EV24 A-)+ 50,000,000.00 4,820 10/22/2008 327/2008 50,619,20540 260 2,309,583.33 50,062,217.00 50,023,130e0 ROYAL BK OFSCOTLAND NY CERTDEPOS 78010GETI A-]+ 25,000,000.00 2.960 11/3/2008 5/9/2008 25,025,389.50 275 314,500.00 25,004,707.00 24,978,482.50 BARCLAYS BANK PLC NY CERTDEPOS 06738UAE9 A -I+ 55,000,00000 2850 11/10/2008 7/10/2008 55,000,000.00 2,85 361,395.83 55,000,000.00 54,936,797.85 BANK OFAMERICA CERTDEPOS 0605CDGPI A -I+ 45,000,000.00 2790 11/12/2008 7/11/2008 45,000,000+00 2.79 285,975.00 45,000,00000 44,942,431.95 BNP PARIBAS SF CERTDEPOS 05566QR04 A -I+ 25,000,000.00 2,900 11/182008 7/172008 25,000,000.00 2.80 147,777.79 25,000,000.00 24,963,633+75 CITIBANK NA CERTDEPOS 1730DIZP2 A -I+ 25,000,000.00 2.750 11/19/2008 8/19/2008 25,000,000.00 275 82,118.06 25,000,000+00 24,961,460.25 ROYAL BANK OFSCOTLAND (NY) CERT DE 7801OGGZ5 A-1+ 25,000,000.00 2 750 11/24/2008 5/22/2008 25,001,273.65 2.74 252,083.33 25,000,369.75 24,956,314.25 UBSAG STAMFORD CERTDEPOS 90263LTY2 A-l+ 25,000,000.00 2.860 12(11/2008 9/11/2008 25,000,000.00 2.86 39,72222 25,000,000.00 24,946,913.25 UBSAG STAMFORD CERTDEPOS 90263LWE2 A -I+ 25,000,000,00 2.850 12(152008 9/15/2008 25,000,000.00 2.85 31,666.67 25,ODO,000.00 24,942,599,00 BNP PARIBAS SF BRANCH CERTDEPOS 05566QQD2 A-1+ 30,000,000.00 2.920 2/17/2009 5/16/2008 30,000,000.00 2.92 335,800.00 30,000,000,00 29,852,99400 RABOBANKNEDERLAND NVNY CERTDEP 749770KB3 A-1+ 25,000,000+00 2.800 2/25/2009 4/25/2008 25,000,000.00 2.80 309,166.67 25,000,000.00 24,855,585.25 ROYAL BK OFSCOTLAND ATCERT'DEPOS 7SOIOGFAI A-i+ 25,000,000.00 2.900 V2712009 413012008 25,002,054.20 2.89 310,138.39 25,001,010.25 24,863,28000 BARCLAYS BANKPLCNY CERTDEPOS 06738UDJS Ad+ 45,000,000.00 3.150 322009 9/2/2008 45,000,000.00 3.15 114,187.50 45,000,000.00 44,902,14400 ROYAL BANK OFSCOTLAND (NY) CERT DE 780100QK7 A-1+ 25,000,000+00 3.110 3142009 9/4/2008 25,000,618 81 3A I 58,312.50 25,000,526 50 24,883,905.50 550,000,000,00 550,652,225.44 282 5,616,69167 550,069,092.25 548,863,226.30 COMMERCIAL PAPER BARCLAYS US FUNDING LLC COMMPAPER 06737HKi6 A -I+ 25,000,000,00 10/1/2009 6/30/2008 24,820,458.33 2.80 0.00 25,000,00(100 24,997,222.22 WELLS FARGO&CO COMMPAPER 9497FOK19 A-1+ 50,000,000.00 10/1/2008 8/2712008 49,879,930.56 2.48 0.00 50,000,000.00 49,994,44445 WELLS FARGO&CO COMMPAPER 9497FOK19 A-1+ 25,000,000.00 10/1/2008 8/29/2009 24,943,395.83 2.48 0,00 25,000,000.00 24,997,22222 CALYONNORTHAMERICA INC COMMPAP 13170RK71 A -I+ 25,000,000.00 101712008 9/12/2008 24,957,63&89 2.44 0,00 24,989,833.25 24,980,779.I7 CALYONNORTHAMERICA INC COMMPAP 1317ORK97 A-1+ 25,000,000.00 10/912008 9/9/2009 24,949,583.33 2A2 0.00 24,986,555,50 24,975,383.33 DEXIA DELA WARE LLC COMMPAPER 2521EOKH9 A -I+ 50,000,000.00 10/17/2008 7/14/2008 49,631215.28 2.82 0.00 49,937,889.00 49,909,950.00 BARCL,UE US FUNDING LLC COMMPAPER 06737HLUI A -I+ 25,000,000.00 11/28/2008 5/29/2008 24,641,62500 2,86 000 24,886,416.75 24,843,622.69 BARCLAYS US FUNDING LLC COMMPAPER 06737HPL7 A-l+ 25,000,000.00 2/202009 820/2008 24,610,27778 310 0.00 24,699,236.00 24,598,773A8 BARCLAYS US FUNDING LLC COMMPAPER 06737HQC6 A -I+ 25,000,000.00 3/122009 9/12/2008 24,613,966.67 112 000 24,654,400+00 24,539,29903 Letau vi Jecuriites new: 76990800 SANBERNARDINOCOUNTY MONTH ENDED: September 30, 2008 (Excluding CashfMoneyFund) SECURITY TYPE S&P MATURITY PURCHASE ORIGINAL YTM ACCRUED AMORTIZED MARKET DESCRIPTION CUSIP RATING PAR COUPON DATE DATE COST AT COST INTEREST COST VALUE 275,000,000.00 273,047,991.67 2.71 0,00 274,154,330.50 273,836,696,29 CORPORATE NOTE ASSOCIATES CORP NA (CITI) GL SR NOTES O46003M AA- 4,290 000.00 6.250 11/1/2008 6/25/2007 4,336,074.60 5A i 111,71875 4,292,932 47 4,279,279.29 ASSOCIATES CORP NA(CITI) GL SR NO TES O46003M AA- 5,000,000.00 6250 11/l/2008 612512007 5,054,400.00 5.40 130,20833 5,003,461.80 4,997,505.00 GENERAL ELEC CAP CORP GL SR FRN (LI 36962GT53 AAA 3,000,000.00 2.926 12/12/2008 10/23/2007 3,001,560,00 569 4,526.35 3,000,270.00 2,990,700.00 CITIGROUP INC GLOBAL SR FLOATING NOS 172967DF5 AA- 15,000,000.00 2.848 12/26/2008 10/9/2007 14,985,300.00 5.32 5,547.40 14,997,152.70 14,895,180.00 CPTIGROUPINC GLOBAL SR FLOATIA'GN03 172967DG3 AA- 3,410,000,00 2,939 1/30/2009 1072/2007 3,401,16&10 5,33 16,925.32 3,407,801.10 3,373,969.94 BANK OFAMERICA CORP GLOBAL SR NOT 060505SH6 AA- 10,000,000.00 3.375 2/1712009 U7/2008 10,051,300.00 2,82 41,2%00 10,020,694.50 9,802,400.00 BANK OFANIERLCA NA SR FRBN(LIB3+0) 06050TKK7 AA 1,300,000.00 2.638 2/27/2009 10/2/2007 1,296,451.00 5.37 3,551.53 1,298,971.21 1,295,964,80 WAL-MARTSTORESINC GLOBAL SR NOTES 931142BE2 AA 21,000,000.00 6,875 9/10/2009 4/15/2008 22,123,647.00 2.72 204,531.25 21,735,651.63 21,568,365.00 WAL-M4RT STORES INC GLOBAL SR NO TES 931142BE2 AA 6,500,000.00 6.875 8/10/2009 4/21/2008 6,827,186.54 2.90 63,30729 6,717,01&87 6,675,922.50 WAL-MARTSTORES INC GLOBAL SR NO TES 931142BE2 AA 10,000,000.00 6,875 8/102009 4/21/2009 10,508,103.11 2.87 97,395.83 10,336,98420 10,270,65000 WA L- MA R T STORES INC GLOBAL SR NOTES 931142BEZ AA 5,000,00000 6.875 8/10/2009 5/6/2008 5,239,85000 2.97 48,697.92 5,164,28&20 5,135,325.00 WAL-MART STORES INC GLOBALSRNOTES 931142BE2 AA 2,500,000.00 6.875 8/10/2009 5/6/2008 2,619,800.00 2.97 24,348.96 2,582,058.30 2,567,662.50 WA L-MA R T S TORES INC GLOBAL SR NO TES 931142BE2 AA 5,000,000.00 6.875 8/102009 5/6/2008 5,236,550.00 3,02 48,697.92 5,162,046,70 5,135,325.00 GENERAL ELEC CAP CORP GLOBAL SR MT 36962GR48 AAA 7,000,000.00 4.125 9112009 3/17/2008 7,124,530.00 287 24,062.50 7,079,036.44 6,918,863.00 GENERAL ELEC CAP CORP GLOBAL SR MT 36962GR48 AAA 10,000,000.00 4.125 9/1/2009 3/25/2008 10,184,300.00 2.80 34,375.00 10,118,756.90 9,884,090.00 GENERAL ELEC CAP COPP GLOBAL SR MT 36962GR48 AAA 10,000,000.00 4.125 91312009 41212008 10,160,300.00 296 34,375.00 10,104,767,30 9,884,090.00 GENERAL ELEC CAP COPP GLOBAL SR MT 36962GR48 AAA 4,000,000.00 4.125 9/1/2009 4IM008 4,058,880.00 3.04 13,750.00 4,038,953.36 3,953,636.00 GENERAL ELEC CAP CORP GLOBAL SR MT 36962GR48 AAA 10,000,000.00 4.125 9/l/2009 4/15/2009 10,162,000.00 2.91 34,375.00 10,108,625.10 9,884,090.00 GENERAL ELEC CAP CORP GLOBAL SR MT 36962GZHO AAA 5,234,00000 4625 9/15/2009 4/M2008 5,354,43434 2.98 10,758.78 5,314,743.14 5,147,157.47 TOYOTA MOTOR CREDIT CORP SR MTN 89233PW69 AAA 25,000,000.00 2,900 10/6/2009 5/6/2008 25,000,000.00 2,90 292,01389 25,000,00000 24,510,125.00 TOYOTA MOTOR CREDIT CORP SR MTN 89233PX43 AAA 25,000,000.00 3 060 11/4/2009 5/16/2008 25,000,000 00 3.06 286,875 00 25,000,000.00 24,616,850.00 188,234,000.00 191,725,834,69 3.32 1,531,292,02 190,484,209.92 187,777,150,50 FED AGY BONDINOTE FNLMCM7N(CALLED OMD 1010112010) 3128X6ML7 AAA 15,000,000.00 5,000 10/1/2008 10/10/2007 14,991,750.00 5.02 375,000.00 15,000,00000 15,000,000,00 FHLMC MTN(CALLED OMD 1010112010) 3i28X6ML7 AAA 15,000,000.00 5,000 10/1/2008 10/11/2007 14,978,700.00 5.05 375,000.00 15,000,000.00 15,000,00000 FFCBBONDS 31331SEVI AAA 8,000,00000 3,300 10/3/2008 4/13/2007 7,801,669.60 5.07 130,53333 7,999,233.60 8,000,000.00 FFCB BONDS 31331XUV2 AAA 6,900,000.00 4.950 10/9/2008 4/13/2007 6,890,202.00 5.05 163,185.00 6,899,850.82 6,902,156.25 FNMA GLOBAL NOTES (CALLED, OMD 10/ 31398AHN5 AAA 10,000,000.00 5.000 10/15/2008 10/15/2007 9,993,500 00 5.02 230,555 56 9,995,479.00 10,009 375 00 FNMA GLOBAL NOTES (CALLED, OMD 10/ 31398AHX3 AAA 10,000,000.00 5.020 10/15/2008 10/31/2007 10,034,000 00 4,89 231,477.78 10,001,407 80 10,009 375.00 Detail of Securities Held: 76990800 SANBERIVARDINO COUNTY MONTH ENDED: September 30, 2008 (Excluding Cash/MoneyFund) SECURITY TYPE S&P MATURITY PURCHASE ORIGINAL YTM ACCRUED AMORTIZED MARKET DESCRIPTION CUSIP RATING PAR COUPON DATE DATE COST AT COST INTEREST COST VALUE FNMA GLOBAL NOTES (CALLED, OMD 10/ 31398AHX3 AAA 10,000,000,00 5 020 10/15/2008 11/l/2007 10,032,200.00 490 231,477.78 10,001,333.90 10,009,375 00 FFCB BONDS 31331VDGS AAA 10,000,000.00 4.580 10/20/2008 2/1/2006 9,945,80000 4.79 204,827.78 9,998,90570 10,006,250.00 FFCB BONDS 31331 VDG8 AAA 10,000,000.00 4580 10/20/2008 11/7/2006 9,908,500.00 5.08 204,82778 9,997,44310 10,006,250.00 FFCBBONDS 31331THX2 AAA 15,000,000.00 3.625 10/24/2008 11/16/2006 14,629,20000 4.98 237,135.42 14,987,35845 15,004,68750 FHLB STEP CPN BONDS (EX- CALLABLE) 3133XDNN7 AAA 12,315,000A0 5.000 10/27/2008 5/2/2007 12,311,798A0 5.02 263,40417 12,314,845.69 12,330,393.75 FHLMC GLOBAL NOTES (EX -CALLABLE) 3128X4ST9 AAA 10,000,000,00 4,900 11/3/2008 8/29/2007 10,014,700.00 4.76 201,444.44 10,001,177.90 10,014,320.00 FNMA GLOBALNOTES 31398AAF9 AAA 10,000,000.00 4.900 11/3/2008 5A12007 9,975,800.00 5.07 201,444A4 9,998,528.30 10,015,625.00 FNMA GLOBA[,NOTES 31398AAF9 AAA 10,000,000.00 4.900 11/3/2008 5/4/2007 9,975,766,62 5.07 201,444.44 9,998,526.20 10,015,62500 FHLB GLOBAL BONDS (EX-C4LLABLE) 3133XDRXI AAA 5,630,000.00 5,020 1117/2008 12/18/2006 5,639,972,98 4.92 113,050A0 5,630,563.23 5,640,556,25 FHLB BONDS(EX-CALLABLE) 3133XI VYO AAA 3,660,000.00 4,000 11/14/2008 12/18/2006 3,599,646.60 4.92 55,713.33 3,656,095.70 3,663,43L25 FHLB FLOATING GLOBAL BONDS 3133XKNQ4 AAA 6,000,000.00 2.518 11/14/2008 11/27/2007 6,000,000.00 471 21,152.00 6,000,000,00 5,992,488.00 FN,t4A GLOBAL BENCHMRKNOTES(EX--C 31359MTQ6 AAA 10,000,000.00 3,875 11/17/2008 2/10/2006 9,734,700.00 4.91 144,236.11 9,987,104,80 10,006,250.00 FFCB BONDS 31331 XDW9 AAA 15,000,000.00 4.875 11/20/2008 1/12/2007 14,953,650.00 5.05 266,09375 14,996,555.25 15,037,500,00 FFCB BONDS 31331)WW9 AAA 5,000,000.00 4.875 11/20/2008 1/12/2007 4,984,370.00 5.05 88,697.92 4,998,838.10 5,012,500.00 FHLB GLOBAL BONDS 3133XKRM9 AAA 15,000,000.00 5.000 11/21/2008 716/2007 14,947,315.50 5.26 270,833.33 14,994,651,15 15,037,500.00 FNMA NOTES (EX -CALLABLE) 31361`3UG9 AAA 9,000,000.00 3200. 11/28/2008 2/6/2006 8,603,190.00 4.90 98,40000 8,976,407,13 9,000,000.00 FHLB TAP BONDS 3133XDT76 AAA 10,000,000.00 4.750 12/12/2008 4/26/2006 9,883,80000 5.23 143,819.44 9,990,839,80 10,031,25000 FHLB TAP BONDS 3133XDT76 AAA 15,000,000.00 4750 12/12/2008 12/14/2006 14,954,850.00 4.91 215,729.17 14,995,377.00 15,046,875,00 FHLB TAP BONDS 3133XHTU6 AAA 15,000,000.00 5.000 12/12/2008 12/14/2006 15,023,625.15 491 227,083.33 15,002,426.70 15,056,250.00 FHLB TAP BONDS 3133)=U6 AAA 15,000,000.00 5.000 12/12/2008 1/2/2007 14,992,830.00 5.02 227,083.33 14,999,294.70 15,056,250.00 FFCB BONDS 3031SH3 AAA 10,000,000.00 3.650 12/17/2009 4/26/2006 9,616,000.00 5.22 105,444,44 9,967,634,50 10,012,500.00 FHLB GLOBAL BONDS 3133XL7L8 AAA 15,000,000.00 5 250 12/24/2008 7/6/2007 14,997,300.00 5.26 212,187.50 14,999,616.00 15,075,000 00 FFCB BONDS 31331V6A9 AAA 15,000,000.00 5.000 12/29/2008 12/14/2006 15,029,800.00 4.90 191,666.67 15,003,574.20 15,070,312,50 FFCB BONDS 31331 WA9 AAA 15,OW,00000 5,000 IV2912008 12/21/2006 15,020,550.00 4.93 191,66667 15,002,575.80 15,070,312.50 FFCB BONDS 31331XCF7 AAA 15,000,000.00 5.100 1/5/2009 12/15/2006 15,061,800,00 4.89 182,750.00 15,008,12010 15,079,68T50 FHLB FLOATING GLOBAL BONDS 3133XLMS9 AAA 10,000,000 00 2 621 1/5/2009 10/5/2007 10,001,280.00 5.09 64,068 89 10,000,268.30 9,994,950.00 FHLMC GLOBAL NO=(EX-CALLABLE) 312SX2,ME2 AAA 15,000,000.00 3875 1/12/2009 4/16/2007 14,713,050.00 5.03 127,552.08 14,952,41&50 15,023,437.50 FHLMC GLOBAL NOTES (EX -CALLABLE) 3128X2ME2 AAA 15,000,000.00 3.875 1/12/2009 6/7/2007 14,687,997.00 5.25 127,55208 14,943,737.70 15,023,437.50 FFCB DESIGNATED BONDS 31331SNF6 AAA 15,000,000.00 3.750 1/15/2009 5/4/2006 14,452,500.00 522 118,750.00 14,938,092.75 15,028,125.00 FFCB DESIGNATED BONDS 31331 SNF6 AAA 10,000,000.00 3.750 1/15/2009 6/23/2006 9,590,600.00 5.48 79,166.67 9,951,242.60 10,018,75000 FNMA GLOBAL NOTES (EX -CALLABLE) 31359ME74 AAA 5,000,000.00 5.000 1/23/2009 6/14/2007 4,972,20000 536 47,222.22 4,994,519.95 5,026,562.50 Detail Of Securities Held: 76990800 SANBERNARDINO COUNTY MONTH ENDED: September 30, 2008 (Excluding Cmh/MoneyFund) SECURITY TYPE S&P MATURITY PURCHASE ORIGINAL YTM ACCRUED AMORTIZED MARKET DESCRIPTION CUSIP RATING PAR COUPON DATE DATE COST AT COST INTEREST COST VALUE FHLMC UM (EX -CALLABLE) 3128X3D34 AAA 10,000,000.00 4 000 1/29/2009 6/13/2007 9,803,400,00 527 68,888.89 9,959,346.40 10,022,940 00 FHLB BONDS 3133XITC2 AAA 10,000,000.00 5.125 212/2009 4/10/2007 10,016,7W.00 5.02 83,993,06 10,003,343.70 10,068,75000 FHLMC GLOBAL REFERENCE NOTES 3137EAAA7 AAA 10,000,000.00 4,875 2/17/2009 6/29/2006 9,841,300.00 5.53 59,583,33 9,975,988.30 10,059,375.00 FFCB BONDS 31331VZK5 AAA 11,280,000,00 5260 2/18/2009 6/15/2006 11,254,845.60 535 70,869,73 11,276,141.79 11,371,650.00 FFCB BONDS 31331VZK5 AAA 7,670,00000 5,260 2/18/2009 6/22/2006 7,632,800.50 5.46 48,188,91 7,664,31584 7,732,318.75 FHLMC MTN(6X•CALLABLE) 3128X4C41 AAA 11,235,000.00 5000 2/232009 4/10/2007 11,230,961.02 5.02 59,295,83 11,234,264.89 11,309,937.45 FFCB BONDS 31331XQM7 AAA 10,725,000.00 5.000 2232009 4/10/2007 10,721,568.00 5.01 56,604,17 10,724,390.6E 10,805,437.50 FNMA NOTES (EX -CALLABLE) 3136FSDP3 AAA 10,700,000.00 3.740 2/24/2009 12/152006 10,442,237.00 4.91 41,12961 10,651,455.92 10,720,062.50 FNMA NOTES (EX -CALLABLE) 3136FSDP3 AAA 17,950,000.00 3340 2/24/2009 7/6/2007 17,517,225,50 5.30 68,997.81 17,841,830.61 17,983,65625 FHLB TAP BONDS 3133XEN96 AAA 10,000,000.00 4.750 3/13/2009 511012007 9,963,400.00 4.96 23,750.00 9,990,919.80 10,071,87500 FHLB TAP BONDS 3133XFEQ5 AAA 15,000,000,00 5,250 3/13/2009 4/10/2007 15,065,400.00 5.01 39,375.00 15,015,980.85 15,140,625.00 FHLB TAP BONDS 3133XFEQ5 AAA 12,670,000.00 5,250 3/13/2009 5/11/2007 12,726,888.30 4.99 33,25&75 12,684,609.40 12,788,781.25 FHLMC GLOBAL REFERENCENOTES 3134A3EM4 AAA 20,000,000.00 5,750 3/33/2009 6162007 20,177,000.00 5.22 51,111.11 20,047,41360 20,218,750.00 FFCB BONDS 31331VTGI AAA 10,000,000.00 5.080 3/16/2009 621/2006 9,901,800,00 5.47 21,166.67 9,982,694.70 10,087,500.00 FFCB BONDS 31331XVG4 AAA 15,000,000.00 4.875 4/13/2009 4/13/2007 14,974,950.00 4.96 341,250.00 14,993,082.90 15,131,250.00 FFCB BONDS 31331XV04 AAA 15,000,000,00 4.875 4/13/2009 5/18/2007 14,965,050.00 500 341,250.00 14,990,081,70 15,131,250.00 FNMA GLOBAL NOTES (EX -CALLABLE) 31359MUWI AAA 5,000,000.00 3850 4/14/2009 5/162007 4,896,1%00 5.00 89,298.61 4,969,944.65 5,012,500.00 FHLMC GLOBAL REFERENCE NOTES 3134A4UQ5 AAA 15,000,000.00 3.375 4/15/2009 5/18/2007 14,560,440.00 5.00 233,43750 14,871,886.05 14,995,312.50 FHLB BONDS (EX -CALLABLE) 3133M8774 AAA 10,000,000.00 5.823 5/6/2009 12/26/2006 10,204,530.00 4.89 234,537.50 10,054,061.20 10,153,125.00 FHLB BONDS (EX -CALLABLE) 3133M8774 AAA 10,000,000.00 5,823 5/6/2009 12/262006 10,206,10000 4.89 234,537.50 10,054,471.40 10,153,125,00 FHLB FLOATING GLOBAL BONDS 3133XNCD9 AAA 10,000,00000 2,485 5/20/2009 12/10/2007 9,996,000.00 4.74 30,333.33 9,998,246.70 9,972,240.00 FHLMC GLOBAL REFERENCE NOTES 3137EAAE9 AAA 15,000,000.00 5.250 5/21/2009 5121/2007 15,062,850.00 5.03 284,375.00 15,020,719.80 15,173,437,50 FHLMC GLOBAL REFERENCE NOTES 3137EAAE9 AAA 15,000,000.00 5.250 5/21/2009 5/2312007 15,058,200,00 5.04 284,37500 15,019,257.15 15,173,43750 FHLMC GLOBAL REFERENCE NOTES 3137EAAE9 AAA 25,000,000.00 5.250 5/2t/2009 5/28/2008 25,656,750.00 2.52 473,958.33 25,429,399.25 25,289,062.50 FHLB GLOBAL BONDS 3133XRGC8 AAA 10,000,000.00 2,650 6/4/2009 6/16/2008 9,957,20000 3.10 86,125.00 9,970,035.00 9,962,500.00 FHLMC GLOBAL NOTES 3137EAAT6 AAA 16,000,000.00 5.000 6/11/2009 6/122008 16,341,536.00 2.81 244,44444 16,238,56768 16,190,000.00 FHLMC GLOBAL NOTES 3137EAAT6 AAA 2,240,000.00 5,000 611112009 6/12/2008 2,294,486,40 2.96 34,222.22 2,271,079.44 2,266,600.00 FHLMC GLOBAL NOTES 3137EAAT6 AAA 8,000,000.00 5,000 6/11/2009 6112/2008 8,160,800.00 2.94 122,22222 8,112,336.40 8,095,000.00 FHLMC GLOBAL NOTES 3137EAAT6 AAA 10,000,000.00 5.000 6/11/2009 6/16/2008 10,183,100.00 310 152,777.78 10,129,376.00 10,118,750.00 FHLB TAP BONDS 3133XFLG9 AAA 10,000,000.00 5.250 6/12/2009 4117/2007 10,052,98134 4.98 159,95833 10,017,970.70 10,140,625.00 FHLB TAP BONDS 3133XFLG9 AAA 10,000,000.00 5.250 6/12/2009 4/17/2007 10,052,981.34 498 158,958.33 10,017,97030 10,140,625.00 Detail of Securities Held: 76990800 SANBERNARDINO COUNTY MONTH ENDED: September 30, 2008 (Excluding Cash/MoneyFund) SECURITY TYPE S&P MATURITY PURCHASE ORIGINAL YTM ACCRUED AMORTIZED MARKET DESCRIPTION CUSIP RATING PAR COUPON DATE DATE COST AT COST INTEREST COST VALUE FHLB TAP BONDS 3133XPLG9 AAA 10,000,000.00 5.250 6/12/2009 5/23/2007 10,036,000.00 5.06 158,958.33 10,012,726[0 t0, 140,625.00 FHLB TAP BONUS 3133XFLG9 AAA 10,000,000,00 5,2550 6/12/2009 5/3012007 10,021,300.00 5,14 158,958.33 10,007,609.90 10,140,625.00 FHLB TAP BONDS 3133XFLG9 AAA 25,000,000.00 5,250 6/12/2009 7/9/2007 24,974,000.00 5,31 397,395.83 24,990,707.75 25,351,562.50 FHLB BONDS 3133XRBX7 AAA 25,000,000.00 2.600 6/17/2009 5/23/2008 25,007,000.00 2.57 236,527.78 25,004,796.50 24,898,437.50 FFCB BONDS 31331HXL6 AAA 6,630,000.00 6,750 7/7/2009 1/29/2007 6,872,061.30 5.14 104,422.50 6,709,281.41 6,808,181.25 FHLB FLOATING GLOBAL BONDS 3133XNWX3 AAA 10,000,000.00 2.534 7/16/2009 1/16/2008 9,995,600.00 3.91 54,500.00 9,997,927.30 9,981,330.00 FFCB DESIGNATED BONDS 31331SQ89 AAA 6,370,000.00 4.125 7117/2009 1/29/2007 6,225,337.30 5.12 54,012.29 6,321,552.52 6,417,775.00 FFCB DESIGNATED BONDS 31331SQ89 AAA 10,000,000.00 4,125 7/1712009 1/29/2007 9,774,900.00 5.11 84,79L67 9,924,619.50 10,075,000.00 FFCB DESIGNATED BONDS 3I33ISQ89 AAA 15,000,000.00 4.125 7/172009 5/25/2007 14,716,050.00 5.07 127,18T50 14,891,746.65 15,112,50000 FNMA NOTES(EX-CALLABLE) 3136F7EZ6 AAA 10,000,00000 4.500 7/27/2009 1/2512007 9,863,300.00 5.09 80,000.00 9,953,321.50 10,093,750.00 FHLB GLOBAL BONDS 3133XLUM3 AAA 10,000,000.00 5.125 8/5/2009 9/612007 10,097,500.00 4.58 79,722.22 10,044,187.30 10,162,500.00 FHLB GLOBAL BONDS 3133XLUM3 AAA 10,000,000.00 5.125 8/5/2009 10/9/2007 10,097,800.00 4.56 79,722.22 10,046,568.20 10,162,50000 FNMA GLOBAL BENCHMARKNOTES 31359MU68 AAA 15,000,000,00 5.375 811512009 6/26/2008 15,370,950.00 3.14 103,020.83 15,286,193.85 15,285,937.50 FHLB TAP BONDS 3133XGI88 AAA 15,000,000.00 5.250 9/112009 12122/2006 15,138,600.00 4.88 43,750.00 15,050,599.80 15,271,875.00 FHLMC GLOBAL REFERENCE NOTES 3134A3M78 AAA 15,000,000.00 6.625 9/15/2009 5/29/2007 15,485,250.00 SAI 44,166.67 15,209,476.20 15,487,50000 FHLB VARIABLE BONDS (EX -CALLABLE) 3133XSGZ9 AAA 10,000,000.00 4.500 9/162009 1/26/2007 9,847,34300 5,12 18,750.00 9,942,436.40 10,125,000.00 FFCB BONDS 31331V4M5 AAA 15,000,000.00 5.000 9/21/2009 10MI2006 14,953,650.00 5A I 20,833.33 14,983,987.35 15,262,500.00 FFCB BONDS 31331V4M5 AAA 10,000,000.00 5.000 921/2009 10/25/2006 9,967,000.00 5.12 13,888.89 9,988,58740 10,175,000.00 FHLMC GLOBAL NOTES (EX -CA LLA BLE) 3128X3WY5 AAA 4,302,000.00 4,000 9/22/2009 1/26/2007 4,183,953.12 5.12 4,30200 4,256,911.43 4,332,987.31 FHLB BONDS 3133XH7E6 AAA 10,000,000.00 5,000 10/2/2009 5/29/2007 9,976,400.00 5.11 248,611.11 9,989,853.50 10,171,87500 FHLB TAP BONDS 3133MABK4 AAA 10,000,000.00 6,500 11/13/2009 (51122007 10,275,300.00 5.27 245,555.56 10,131,517.00 2Q359,37500 FHLB FLOATING GLOBAL BONDS 3133XNDGI AAA 10,000,00000 2,515 11/202009 11/272007 10,000,000.00 4.88 30,683.33 10,000,000.00 9,963,870.00 FHLB FLOATING GLOBAL BONDS 3133XNDGI AAA 10,000,000.00 2,515 11/20/2009 1127/2007 10,000,000.00 4.88 30,683.33 10,000,000.00 9,963,87000 FHLB FLOATING GLOBAL BONDS 3133XNF61 AAA 10,000,000.00 2,453 11/23/2009 12/4/2007 9,997,000.00 4.84 28,443.33 9,998,258.30 9,962,250.00 FHLB FLOA77NG GLOBAL BONDS 3133)QITF61 AAA 15,000,000.00 2,453 11/23/2009 12/6/2007 14,995,500.00 484 42,672.50 14,997,380.25 14,943,375.00 FHLB FLOATING GLOBAL BONDS 3133XNF61 AAA 15,000,000.00 2,453 11/23/2009 12/10/2007 14,995,3%00 4.84 42,672.50 14,997,277.80 14,943,375.00 PHIS FLOATING GLOBAL BONDS 3133XNF61 AAA 15,000,000.00 2.453 11/23/2009 12/21/2007 15,004,14000 4.81 42,672.50 15,002,461.65 14,943,375,00 FNMA GLOBAL BONDS 31359M2SI AAA 15,000,000.00 4.625 12/15/2009 6/11/2007 14,783,100.00 5.25 204,270.83 14,892,528.30 15,257,81250 FHLB FTLG NOTES (US LIB-19) 3133XRRZ5 AAA 25,000,000,00 2.601 1/62010 8/28/2008 24,942,750,00 2.82 166,190.97 24,942,750.00 24,932,725.00 FHLB FLOATING GLOBAL BONDS 3133XNX95 AAA 10,000,000.00 2563 1/812010 I/1612008 10,009,280.00 4AI 60,613.06 10,005,95560 9,97.6,050.00 FNMA FLTG NOTES US LIB -5.5 31398ATKS AAA 15,000,000.00 2,749 2/12/2010 8/20/2008 14,995,642.50 2.77 57,265.62 14,997,133.95 14,966,925.00 Detail of Securities Held: 76990800 SAN BERNARDINO COUNTY MONTH ENDED: September 30, 2008 (Excluding CastdMoneyFund) SECURITYTYPE S&P MATURITY PURCHASE ORIGINAL YTM ACCRUED AMORTIZED MARKET DESCRIPTION CUSIP RATING PAR COUPON DATE DATE COST AT COST INTEREST COST VALUE FNMA FLTG NOTES US LIB-5-5 31398ATKS AAA 25,000,000.00 2749 2/12/2010 9/3/2008 24,985,750.00 2.79 95,442.7[ 24,998,067.00 24,944,875.00 FNMA GLOBAL NOTES (EX -CALLABLE) 31359MXVO AAA 10,000,000.00 4,400 3/8/2010 4/2/2008 10,357,800.00 2.49 28,111 it 10,267,463,80 10,150,00000 FNMANOTES(CALLABLE) 3136F9ET6 AAA 5,000,00000 2625 4/1/2010 412/2008 5,000,000.00 2.62 65,625U0 5,000,000.00 4,950,000U0 FNMA NOTES (CALLABLE) 3136F9ET6 AAA (4,000,000.00 2625 4/i/2010 4/372008 13,961,64000 2.77 183,750.00 13,970,965.26 13,860,000.00 FNMANOTES(CALLABLE) 3136F9ET6 AAA 5,000,000.00 2.625 4/M010 4/3/2008 5,000,00000 2.62 65,625.00 5,000,000,00 4,950,00000 FNMA NOTES (CALLABLE) 31398APS5 AAA 25,000,000.00 2.750 4/16/2010 4/2nOO8 24,880,250.00 3.00 315,104.17 24,906,38175 24,789,06250 FNMA NOTES (CALLABLE) 3136F9LP6 AAA 25,000,000.00 3.000 4/28/2010 4a8/2008 24,886,000.00 3.24 318,750.00 24,909,644.75 24,882,812,50 FNMA NOTES (CALLABLE) 3136F9LP6 AAA 12,500,000.00 3.000 428/2010 4/28/2008 12,441,875.00 3.24 159,375U0 12,453,930.25 12,441,406.25 FNMA NOTES (CALLABLE) 3136F9LP6 AAA 12,500,00000 3,000 4/28/2010 4/28/2008 12,441,250.00 3,24 159,375.00 12,453,434.63 12,441,406,25 FHLB BONDS (CALLABLE) 3133XQQU9 AAA 10,000,000.00 2.800 4/29/2010 4/29/2008 9,938,700.OD 3.12 118,222.22 9,951,342.30 9,875,000U0 FNMA GLOBAL NOTES (CALLABLE) 31398ARKO AAA 25,000,000.00 3.250 5/21/2010 5/30/2008 24,889,250.00 3AS 293,402.78 24,907,702.50 24,882,812.50 FHLMC GLOBAL NOTES 3137BABHI AAA 10,000,000.00 2.375 5/28/2010 6/11/2008 9,780,70000 3.54 129,965,29 9,814,363.30 9,875,000.00 FNMA GL ORAL NOTES (BX- CALLABLE) 31359MC50 AAA 3,255,0MOD 4.625 6/IY2010 4/2/2009 3,399,554.55 2.50 50,18125 3,367,111.22 3,323,151.56 FNMA GLOBAL NOTES (EX -CALLABLE) 31359MC50 AAA 2,110,000.00 4.625 6/12010 4/2/2008 2,203,705.10 2.50 32,529.17 2,192,674.24 2,154,178.13 FHLMC MTN(CALLABLE) 3128X7VA9 AAA 25,000,000.00 3,250 6/9/2010 6/92008 24,957,500.00 3.34 252,777.78 24,963,94T75 24,977,300.00 FHLB TAP BONDS 3133XBTH8 AAA 15,000,000.00 4.250 6/112010 6/62008 15,303,300.00 3.20 194,79L67 15,256,395.75 15,229,68750 FNMA NOTES (EX -CALLABLE) 3136F67J2 AAA 10,015,000,00 4,625 6/16/2010 4132009 10,433,62TOO 2.66 135,098.18 10,341,90512 10,243,467.19 FNMA NOTES (CALLABLE) 31398ARW4 AAA 15,000,000.00 3,500 6/182010 6/182008 15,015,450.00 3.45 150,208.33 15,011,066.85 t5,037,500.00 FNMA NOTES (CALLABLE) 3136F9VQ3 AAA 9,000,000.00 3,875 6/24/2010 6/24/2008 8,984,25000 397 93,968,75 8,986,309.74 9,056,250,00 FNMA NOTES (EX -CALLABLE) 3136F7GP6 AAA 7,575,000.00 4.750 822010 5/13/2008 7,857,093.00 3,00 58,969.27 7,809,865.98 7,778,578.13 FHLMC GLOBALNOTES(EX-CALLABLEJ 3128X4GL9 AAA 15,000,000.00 4,790 8/42010 41162008 15,713,850.00 2.64 113,76250 15,575,253.15 15,413,970.00 FHLBBONDS 3133XOKH1 AAA 11,000,000.00 4.550 8/62010 4/25/2008 11,329,780,00 3.17 76,465,28 11,269,204,21 11,216,56250 FHLB TAP BONDS 3133MBZEO AAA 13,980,000.00 6875 8/13/2010 4/24/2008 15,133,118.80 2.98 122,810,42 14,961,838.75 14,871,225,00 FHLB TAP BONDS 3133MRCM2 AAA 25,000,000.00 4,750 8/13/2010 6124/2008 25,529,250.00 3.71 151,736,11 25,465,528.00 25,640,625.00 FHLB TAP BONDS 3133XO6Q7 AAA 17,000,00000 4.125 8/13/2010 5/132008 17,417,860.00 2.99 99,604.17 17,349,041.45 17,244,375.00 FHLMC M7N(CALLABLE) 3128X7TC8 AAA 25,000,000.00 3200 9/20/2010 5/20/2008 24,987,500,00 3,22 291,111,11 24,989,59L25 24,987,800.00 FHLBNOTES 3133XRT83 AAA 25,000,000,00 3.375 9/10/2010 9/4/2008 25,045,500.00 3.28 192,187,50 25,044,095.25 25,023,437.50 FHLMCMTN(CALLABLE) 3128X7EG5 AAA 25,000,000.00 2.750 10/l/2010 4//2008 24,952,750,00 2.83 343,750,00 24,961,93650 24,787325.00 FFCBBONDS 31331X6M9 AAA 25,000,000.00 4500 10/4/2010 3127/2008 26,177,250.00 2,56 553,12500 25,944,565.50 25,562,500.00 FNMA GLOBAL BENCHMABKNOTES 31359MGJ6 AAA 25,000,000.00 6.625 11/15/2010 4/9/2008 27A78,000.00 2.65 625,694.44 27,035,435.00 26,773,437.50 FFCB BONDS 31331H4M6 AAA 9,315,000.00 6,700 11/22/2010 4/9/2008 10,248,34046 2.71 223,637.63 10,083,049.32 9,958,31719 Detail Of Securities Held: 76990800 SANBERNARDINO COUNTY MONTH ENDED: September 30, 2008 (Excluding Cash/MoneyFund) SECURITY TYPE S&P MATURITY PURCHASE ORIGINAL YTM ACCRUED AMORTIZED MARKET DESCRIPTION CUSIP RATING PAR COUPON DATE DATE COST AT COST INTEREST COST VALUE FHLB BONDS (EX -CALLABLE) 31339XUJI AAA 8,485,000.00 3.150 1/3/2011 5/20/2008 8,465,569.35 3.24 65,334,50 8,468,348.27 8,437,271.88 FFCB BONDS 31331YNJ5 AAA 10,000,000.00 3.500 1/18/2011 5/20/2008 10,085,800.00 3.16 70,972.22 10,074,716.30 10,018,75000 FHLMC GLOBAL REFERENCE NOTES 3134A4VJ0 AAA 10,000,000.00 4,750 1/18/2011 5/20/2008 10,394,300.00 3.19 96,319.44 10,342,54210 10,337,50000 FHLMC GLOBAL REFERENCE NOTES 3134A4VJ0 AAA 20,000,000.00 4750 1/18/2011 5232008 20,731,000.00 3.30 192,638.89 20,637,120.20 20,675,000.00 FFCB BONDS (CALLABLE) 31331 YQJ2 AAA 10,000,000.00 3.850 1/24/2011 1/252008 10,001,562.00 3.84 71,652.78 10,000,000.00 10,000,000,00 FFCB BONDS (CALLABLE) 31331YQY9 AAA 5,000,000.00 3.625 2/1/2011 2/1/2008 4,986,00000 3.72 30,208.33 4,988,983.20 4,992,187.50 FFCB BONDS ICALLABLEJ 31331 YQY9 AAA 10,000,000.00 3,625 2/1/2011 2/1/2008 9,975,000.00 3.71 60,416.67 9,930,327.80 9,934,375.00 FHLMC M77V(CALLABLE) 3128X6F43 AAA 10,000,000.00 1200 2/4/2011 2/15/2008 9,980,000.00 3,27 50,66667 9,984,134.00 9,956,120.00 FHLMC M7N(CALLABLE) 3128X6F43 AAA 16,000,000.00 3.200 2/4/2011 3/l0/2008 15,992,320.00 3,22 81,066,67 15,994,011.84 15,929,792.00 FHLMC AfFN(CALLABLE) 3128X6F43 AAA 16,000,000.00 3.200 2/42011 3/10/2008 15,991,680.00 3,22 8106667. 35,993,490.72 15,929,792,00 FHLMC AIM (CALLABLE) 3128X6M78 AAA 10,000,000.00 3.600 21412011 2/4/2008 10,000,000.00 360 57,000.00 10,000,000.00 9,995,490,00 FHLMC MTV(CALLABLE) 3128X6U53 AAA 9,490,000.00 3400 2/6/2011 2/13/2008 9,465,780.00 3.45 49,243.33 9,468,726.48 9,451,209.24 FHLMC GLOBALNOTES(CALLABLE) 3128X6T63 AAA 10,000000.00 3750 2/7/2011 2/72008 10,003,500.00 374 56,25000 10,000,000.00 10,008,36000 FHLB BONDS (CALLABLE) 3133XPAL8 AAA 5,000,000.00 3625 2/8/2011 2/8/2008 4,996,250.00 3,65 26,684.03 4,997,02610 4,992,18750 FNMA GLOBALNOTES(CALLABLE) 31398ANC2 AAA 10,000,000.00 3.125 2/11/2011 2/14/2008 9,970,400.00 3.23 43,402.78 9,976,429.10 9,950,000.00 FNMA GLOBAL NOTES(CALLABLE) 31398ANC2 AAA 15,000,000.00 3.125 2/11/2011 2/15/2008 14,932,500.00 3.28 65,104.17 14,946,188.40 14,925,00000 FNMA GLOBAL NOTES (CALLABLE) 31398ANC2 AAA 10,000,000.00 3A25 2/11/2011 2/19/2008 9,955,000.00 3.28 43,402.78 9,964,019.20 9,950,000.00 FNMA GLOBAL NOTES (CALLABLE) 31398ANC2 AAA 50,000,000.00 3.125 2/11/2011 3/6/2008 49,872,50000 322 217,013.89 49,896,989.00 49,750,000.00 FNMA GLOBAL NOTES (CALLABLE) 31398ANC2 AAA 17,026,00000 3.125 2/11/2011 3/712009 16,979,178.50 322 73,89757 16,988,127.71 16,940,870.00 FHLMC MTN(CALLABLE) 3128X62F2 AAA 5,000,00000 3420 2/14/2011 2/1412008 4,992,500A0 3,47 22,325.00 4,99401475 4,985,075.00 FNMA NO FES (CALLABLE) 3136F8W68 AAA 7,400,000.00 3.400 2/14/20H 2/14/2008 7,388,900.00 3,45 32,847.78 7,391,142.35 7,381,500.00 FHLMC MM (CALLABLE) 3128XGZ66 AAA 10,000,000 00 3.500 2/22/2011 2/22/2008 9,990,000 00 3.54 37,916.67 9,991,946.10 9,979,040.00 FNMA GLOBAL NOTES (CALLABLE) 31398ANHI AAA 23,000,000.00 3.250 2/25/2011 2/25/2008 22,910,300.00 3.39 74,750.00 22,927,543.79 22,870,625.00 FNMA GLOBAL NOTES (CALLABLE) 31399ANHI AAA 25,000,000.00 3.250 2/2512011 V2512008 24,832,500.00 3A9 51,250.00 24,864,662.50 24,859,375.00 FNMA GLOBAL NOTES (CALLABLE) 31399ANHI AAA 25,000,000.00 3,250 2/25/2011 2/27/2008 24,845,000.00 3.47 111,250,00 24,874,578.75 24,859,375.00 FNMA GLOBAL NOTES (CALLABLE) 31398ANHI AAA 25,000,000.00 3.250 2/25/2011 2/28/2008 24,883,500.00 3.42 91,250.00 24,905,685.00 24,859,375.00 FNMA GLOBAL NOTES(CALLABLE) 3139SANHI AAA 50,000,000.00 3.250 2/25/2011 3/5/2008 50,000,000.00 3.25 162,500.00 50,000,000.00 49,718,75000 FNMA GLOBAL NOTES (CALLABLE) 31398ANHI AAA 50,000,000.00 3.250 2/25/2011 3/512008 50,021,900.00 3.23 162,500.00 50,009,21800 49,718,750.00 FHLMC GLOBAL NOTES (CALLABLE) 3128X65E2 AAA 25,000,000.00 3.400 3/3/2011 3/14/2008 25,063,25000 3.31 66,11111 25,027,831.25 24,975,700,00 FFCB BONDS (CALLABLE) 31331 YYR5 AAA 12,500,00000 3.150 3/24/2011 3/24/2008 12,493,375.00 3.17 7,656.25 12,494,479,13 12,371,09375 FFCB BONDS (CALLABLE) 31331YYR5 AAA 12,500,000.00 3,150 3/24/2011 3/24/2008 12,490,750.00 118 7,65625 12,492,290.13 12,371,093.75 Detail of Securities Held: 76990800 SANBERNARDINO COUNTY MONTH ENDED: September 30, 2008 (Excluding Cmh/MoneyFund) SECURITY TYPE DESCRIPTION FFCB BONDS (CALLABLE) FFCB BONDS (CALLABLE) FHLB BONDS (CALLABLE) FFCB BONDS FHLMC GLOBAL REFERENCE NOTES FHLMC GLOBAL REFERENCE NOTES FHLB TAP BONDS FED AGY DN FHLB DISC NOTE FNMA DISC NOTE FHLB DISC NOTE FNMA DISC NOTE FHLMC DISC NOTE FHLB DISC NOTE FNMA DISC NOTE FHLB DISC NOTE FHLB DISCNOTE S&P MATURITY PURCHASE CUSIP RATING PAR COUPON DATE DATE 31331YYR5 AAA 12,500,000.00 3150 3/24/2011 3124/2008 31331YYR5 AAA 18,445,000.00 3.150 3/24/2011 3/24/2008 3133XQDQ2 AAA 20,030,000.00 3.150 3/25/2011 3/25/2008 3133ITZN4 AAA 12,150,000.00 3.750 4/7/2011 3/29/2008 3137EAAB5 AAA 25,000,000.00 5.125 4/18/2011 3/12/2008 3137EAAB5 AAA 12,000,000.00 5.125 4/182011 3/13/2008 3133X8YA7 AAA 25,000,000.00 4,250 611012011 7/24/2008 2,307,043,000.00 313384M71 313588N35 313384Q93 313588Q99 313396T45 3 i3384U31 313589AB9 313385AF3 313385DTO MNY MRKT/MUTUAL FND FEDERATED GOUT OBLIGATIONS FUND 60934NI04 FEDERATED GO VT OBLIGATIONS FUND 60934NI04 FEDERATED GOVTOBLIGATIONSFUND 6093414104 FEDERATED GO VTOBLIGA TIONS FUND 60934NI04 FEDERATED GO VT OBLIGATIONS FUND 60934NI04 FEDERATED PRI,NE OBL IGA TION A NTUAL 60934N203 REPO AGREEMENT BANK OFAMERICA REPO AGRMT US TSY BOND/NOTE US TREASUR Y NOTES ORIGINAL YTM ACCRUED AMORTIZED MARKET COST AT COST INTEREST COST VALUE 12,491,750.00 3.17 7,656.25 12,493,123.63 12,37I,093.75 18,447,766.75 314 11,297.56 18,446,339.84 18,254,785 94 20,070,660.90 3.08 10,51575 20,049,796.25 19,823,440.63 12,428,23500 2.95 220,218.75 12,383,242.94 12,225,937.50 26,612,500.00 2.93 580,12L53 26,335,98400 26,117,18750 12,773,400.00 2,93 278,458.33 12,641,31&04 12,536,250,00 25,158,250.00 4.01 327,604.17 25,148,936.25 25,453,12500 2,315,909,073.18 3.98 23,239,584.86 2,317,369,003.95 2,319,755,860.40 A-1+ 22,000,000.00 10/31/2008 9/23/2008 21,944,266.67 2,41 0.00 21,956,00000 21,959,078.46 A-i+ 50,000,000.00 11/4/2008 9/29/2008 49,902,000.00 196 0,00 49,907,444.50 49,893,37100 A-1+ 50,000,000.00 [1126/2008 9/26/2009 49,793,27T78 2A5 0,00 49,810,222.00 49,811,849.00 A -I+ 25,000,000.00 11/26/2008 9/29/2008 24,907,36111 231 0.00 24,910,55550 24,905,924.50 A-1+ 50,000,000.00 12/15/2008 9/25/2008 49,689,500.00 2.78 000 49,712,500+00 49,732,937.00 A -I+ SQ000,000.00 12/22/2008 9/26/2008 49,619,375.00 3.17 000 49,641,25000 49,701,876.50 A-1+ 36,000,000.00 1/22009 9/30/2008 35,736,800.00 2.82 0.00 35,739,600.12 35,749,417 32 A-i+ 50,000,000.00 1/62009 9/26/2008 49,531,09333 3.34 0.00 49,554,069.50 49,634443,50 A-l+ 50,000,000.00 3/31/2009 9/25/2008 49,137,72222 3.38 0.00 49,165,389.00 49,216,875.50 383,000,000,00 380,261,38611 2.78 0.00 380,397,030.62 380,605,772.78 AAA 1,000,000.00 9/172008 1,000,000,00 1,91 0,00 1,000,000.00 1,000,000.00 AAA 100,000,000.00 923/2008 100,000,000.00 191 0.00 100,000,000.00 100,000,000,00 AAA 130,000,000.00 912612008 130,000,00000 L91 0.00 130,000,000.00 130,00Q000.00 AAA 16,000,000.00 9/29/2008 16,000,000,00 191 0.00 16,000,000.00 16,000,000.00 AAA 53,000,000+00 9/30/2008 53,000,000.00 1.91 0,00 53,000,000.00 53,000,000.00 AAA 1,04)0,000.00 8/27/2008 1,00o,000,00 1.91 0.00 1,000,000.00 1,000,000.00 301,000,000.00 301,000,000,00 1.91 0.00 301,000,000.00 301,000,000.00 RE0298266 A-1+ 100,000,000,00 1.450 10/1/2008 9/30/2008 100,000,000.00 912828BMI TSY 5,000,000.00 3,125 10/15/2008 11/222004 100,000,000.00 1.45 100,000,000 00 1.45 4,957,812+50 3.36 4,027.78 100,000,000.00 99,998,465.00 4,027,78 100,000,000.00 99,998,465.00 72,148,22 4,999,563.10 5,004,690.00 sECUFV,sCR1YTSpN �SUgY NOTES Uus �ASURy NOTES TOTpS.sSCURiTl�S 0SepteOF, OWT 30,ZQ�B MpN MIpRIcET pb70RTIZ�P V p�'D i pCGRF¢D C 5p0469000 � OCQQqxy �TPp tNTERRs 99455310 Opa 69000 3. CRIC'oyTL pT CDST '12,1A812 44,999 56310 1 5 O14 p10 0 gp800 PURCRp5E C 336 12,IA822 14.99g689.30 969 �pT�RTP FATE 495 ,812.50 3 35 2t6,w � 356.5A A,1y6 4 FpT� CQ�pON 81250 335 ItR,2i200a 495'I, U40.99 s&P PPR Iti221i00A }4813,43� 50 30,5U&/,..!`�� IpIi5i2008 3.39 �� CIstP tp,tP1C 510 00' 00 331 IOI15P o, t2 , gR.59 ODU- t25 A, 9 4b9,9 T5'+' 5Op0' p0 9128288M1 ,CSC, ' 0� 000 00 �12gz8sM1 I5. A,119,Y77 064 STATE OF CALIFORNIA BBLLOCKYER, Treasurer OFFICE OF THE TREASURER SACRAMENTO Local Agency Investment Fund PO Box 942809 Sacramento, CA 94209-0001 (916)653-3001 www.treasuter.ca.gov/pmia-laif September, 2008 Statement CITY OF CHINO HILLS Account Number : 98-36-151 Attn: FINANCE DIRECTOR 2001 GRAND AVENUE CHINO HILLS CA 91709 Account Summary Total Deposit: 0.00 Beginning Balance: 39,145,408.26 Total Withdrawal: 0.00 Ending Balance: 39,145,408.26 City of Chino Hills Finance Department Page : 1 of 1 (United States Tr ( Bills ( Notes 1 (Federal Agency: State of California Pooled Money Investment Account Market Valuation 9/30/2008 Is 2,748,219,791,561 $ 2,759,841,666.551 $ 2,767,018,000.001 NA I I $ 2,258,285,767.76 I $ 2,255,598,267.761 $ 2,248,814,000.00 I $ 26,112,090.00 I I I I I I 1 1 I I I I SBA I$ ( MBS-REMICs I $ ( Debentures ( $ ( Debentures FIR I $ ( Discount Notes I $ FHLMC PC Is I GNMA I$ I ICDs and YCDs FIR I 1 $ IBank Notes Is I CDs and YCDs Is (Commercial Paper J $ i (Corporate: t _ I Bonds FR I $ 1 Bonds I $ I IRepurchase Agreementi I $ (Reverse Repurchase I I$ I ITime Deposits Is JAB 55 & GF Loans J $ ITOTAL 1$ 572,070,399.37 I $ 1,091,952,732.35 I $ 3,595,105,028.93 ( $ 6,636,029,298.77 I $ 2,476,810,808.34 I $ 18,232.47 I $ 151,673.74 1 $ I 200,000,000.00 I $ 500,000,000.00 I $ 12,357,679,797.84 1 $ 9,248,489,805.55 I $ I I 274,273,366.98 I $ 103,929,621.20 1 $ I$ (393,000,000.00)I $ I 8,861,500,000,00 I $ 13,789,886,641.08 I $ I 64,321,402,965.94 1 $ Fair Value Including Accrued Interest 572,022,919.81 J $ 1,091,952,732.35 I $ 3,593,292,528.94 I $ 6,635,688,152.25) $ 2,490,119,625.001 $ 18,232A7 I $ 151,673.74 I $ I 200,000,000.00 I $ 500,000,000.00 I $ 12,355,036,714.52 ( $ 9,277,346,422.24 I $ I ( 274,273,366.98 1 $ 103,916,249.81 I $ I ($ (393,000,000.00)1 $ 1 8,861,500,000.00 1 $ 13,789,886,641.08 I $ 64,367,645,193.501 $ 570,248,361.761 $ 1,069,818,475.56 ( $ 3,591,323,594,50I $ 6,620,898,790.00 I $ 2,492,166,200.00 I 18,625.001 $ 172,254.921 $ 200,000,000.00 ( $ 499,070,840.00 I $ 12,332,092,266.601 $ 9,266,132,009.15 I 273,333,758.281 $ 102,646,883,001 $ I - I (393,000,000.00)1 $ I 8,861,500,000.00 I 13,789,886,641.08 J I 64,312,140,699.851 $ $ 64,374,686,993.78 Repurchase Agreements, Time Deposits, AB 55 & General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value (carrying cost). The value of each participating dollar equals the fair value divided by the amortized cost(0.999137696). As an example: if an agency has an account balance of $20,000,000.00, then the agency would report it: participation in the LAW valued at $19,982,753.92 or $20,000,000.00 x0.999137696. 2,233,708.28 I 5,180,776.38 I 40,306,308,08 I 21,720,161.38 J NA 1 311.54 I 1,502.60 1 979,602.391 3,324,000.00 I 54,269,147.90 NA 884,641.071 880,021.74 I NA (93,345,977.43)1 I NA I NA I 62,546,293.93