Loading...
HomeMy WebLinkAbout2011/12/13 Item 04CITY COUNCIL A STATEMENT ~~~~~ CITY OF '~`CHULAVISTA DECEMBER 13, 2011, Item ITEM TITLE: INVESTMENT REPORT FOR THE QUARTER ENDED SEPTEMBER 30, 2011 SUBMITTED BY: DIRECTOR OF FIN CE/TREASUREl~~~ REVIEWED BY: CITY MANAGER ASSISTANT CITY ANAGER `~~ 4/STHS VOTE: YES ~ NO ~X SUMMARY Transmitted herewith is the City's investment report for the quarter ended September 30, 2011. To meet the reporting requirements set forth in the Califomia Government Code Sections 53600 et seq. and the City of Chula Vista Investment Policy, a separate report was distributed to the City Council as an informational item. ENVIRONMENTAL REVIEW The Environmental Review Coordinator has reviewed the proposed activity for compliance with the California Environmental Quality Act (CEQA) and has determined that the activity is not a "Project" as defined under Section 15378 (b)(4) of the State CEQA Guidelines; therefore, pwsuant to Section 15060(c)(3) of the State CEQA Guidelines the activity is not subject to CEQA. Thus, no environmental review is necessary. RECOMMENDATION Council accept the report. BOARDS/COMMISSION RECOMMENDATION Not applicable. DISCUSSION The total cash and investment portfolio held by the City as of September 30, 2011 was $179,148,724. This is a decrease of approximately $24,829,185 from June 30, 2011 to September 30, 2011. This is primarily due to the fact that only a small portion of the City's major revenues such as property tax and sales tax are received during this quarter as compared to the other three quarters of the year. For the quarter ended September 30, 2011, the earned interest yield was 1.208%, a decrease from the 1.299% reported for the quarter ended June 30, 2011, reflecting higher yielding investments being redeemed and then reinvested at lower 4-1 DECEMBER 13, 2011, Item Page 2 of 2 interest rates. The weighted average maturity as of September 30, 2011 was 2.55 years, an increase from the 2.40 years in the prior quarter. The weighted average maturity remains sufficiently liquid to enable the City to meet all operating requirements which might be reasonably anticipated. DECISION MAKER CONFLICT Staff has determined that the action contemplated by this item is ministerial, secretarial, manual, or clerical in nature and does not require the City Council members to make or participate in making a governmental decision, pursuant to California Code of Regulations section 18702.4(x). Consequently, this item does not present a conflict under the Political Reform Act (Cal. Gov't Code & 87100, et seq.). CUI2I2ENT YEAR FISCAL IMPACT Considering the projected timing of cash receipts and disbursements and the structure of the Pooled Investment Portfolio, the City should be able to comfortably meet overall cash flow needs over the next six months. There is no direct fiscal impact by this action. ONGOING FISCAL IMPACT There is no ongoing fiscal impact by this action. ATTACHMENTS A. Investment Report for the Quarter Ended September 30, 2011 Prepared by: N Mandery, Senior Management Analyst, Finance Dept. 4-2 ~~tr~ .:.w.: CITYOF HULAVISTA Investment Report for the Quarter Ended September 30, 2011 December 13, 2011 Honorable Mayor and City Council, I am pleased to present this report of investment activity for the quarter ended September 30, 2011 in compliance with the reporting requirements as set forth in the California Government Code Sections 53600 et seq. and the City of Chula Vista Investment Policy. The information presented in this report highlights the investment activity for the quarter ended September 30, 2011 as well as provides a comparison to the quarters ended June 30, 2011 and September 30, 2010. Market Overview The Federal Open Market Committee (FOMC) continues to maintain the key Fed Funds rate at a target range of 0.00% to 0.25% in hopes of stimulating the economy. Two-year Treasuries yielding 0.46% at the beginning of the quarter dropped significantly to 0.25% at the end of the quarter. The overall consumer price index (CPI) rose 3.9% on ayear-over-year basis, and the core CPI (excluding food and energy) showed a 2.0% increase year-over-year. The Federal Reserve continues to monitor these increases to ensure that inflation remains under control. Portfolio Composition The table below provides a summary of the City's total investment portfolio as of September 30, 2011. The Investment Portfolio ($166,548,144), Cash/Time Deposits ($12,600,580) and Bank Trustee/Fiduciary Funds ($79,332,922) continue to be invested in accordance with the Government Code, bond covenants and the Council Investment Policy as adopted on February 22, 2011. 4-3 Honorable Mayor and City Council Investment Report Quarter ended 09/30/2011 Page 2 of 4 Summary of Cash and Investments as of September 30, 2011 % of Investment Type Par Value Market Value Book Value Portfolio Investment Portfolio Federal Securities 119,000,000 119,222,682 119,000,000 46.04% Pooled Investments 43,548,144 43,607,237 43,548,144 16.85% Corporate Bonds 4,000,000 4,037,920 3,992,960 1.54% Subtotal 166,548,144 166,867,839 166,541,104 62.89% Total Cash & Investments Held by the City $179,148,724 $179,468,419 $179,141,684 69.31% Held by Bank Trustee/Fiduciary Funds (1) U. S. Government 2,021,563 2,113,040 2,021,563 0.78% InvestmentAgreements* 14,897,830 14,897,830 14,897,830 5.76% Mutual Funds* 57,905,846 57,905,846 57,905,846 22.40% Cash with Fiscal Agents 2 2 _ 2 0.00% Total Portfolio $258,481,646 $258,892,818 $258,474,606 100.00% (1) Reflects bond proceeds held by trustee in accordance with bond covenants. The graph below provides a snapshot of the portfolio composition by investment type for that portion of the portfolio not held by the bank trustee or in a fiduciary fund. Portfolio Composition as of September 30, 2011 US Government Agency 71% LSD County Pool Corporate Coupon 3% Bonds CalTrust 2% 1 °/a (State Pool) 23% 4-4 Honorable Mayor and City Council Investment Report Quarter ended 09/30/2011 Page 3 of 4 Portfolio Performance Portfolio performance is provided in more detail in the attachments to the report. The summary information provided below includes the total portfolio income recognized for the last quarter as compared to the prior quarter and the same quarter one year ago. Total Portfolio Income Recognized Accrual Basis Se ptember 30 2011 June 30 2011 Se ptember 30, 2010 Quarter-End Net Interest Earnings Net Gains (Losses) from Sales 567,170 0 $ $ 656,464 1 875 $ $ 670,786 4,700 Net Total Income Recognized $ 567 170 $ 658,339 $ 675,486 Fiscal Year-to-Date Net Interest Earnings Net Gains (Losses) from Sales $ 567,170 $ $ 2,587,228 6 575 $ $ 670,786 4,700 Net TotallncomeRecognized $ 567,170 $ 2,593,803 $ 675,486 This info comes from the monthly Sympm "Interest Earnings Summary" reports. This table shows the City's average yield to maturity as of September 30, 2011 as compared to the County of San Diego and other cities in the county. Carlsbad and Oceanside both have dedicated staff that actively manage their portfolios by buying and selling investments daily as opposed to our more passive "hold-to-maturity" investment style. Liquidity needs and risk tolerance can also affect yields. Benchmark Comparison of San Diego Cajon 1. The following graph compares the monthly earned interest yield of the City's Portfolio Fund with the monthly average yields for the same period of the State of California Local Agency Investment Fund (LAIF) and the two-year and three-year treasury from September 2009 through September 2011. 2.5% 2.0 t.5% 1.0% 0.5% 0.0% Sep-09 Dec-09 Marv10 Jun-t0 Sep-t0 Oec-t0 Mar-tl un- nary ci„ Syr neez~.y 4-5 Monthly Benchmark Comparison Honorable Mayor and City Council Investment Report Quarter ended 09/30/2011 Page 4 of 4 Per Section 16.1 of the City's Investment Policy, the two- year U.S. Treasury and the Local Agency Investment Fund yields are the performance benchmarks to be used when determining whether market yields are being achieved. The three-year U.S. Treasury is added as an additional point of reference in order to provide an upper range that is above the weighted average maturity of the City's portfolio, which is at 930 days. Investment Activity a .~._.a Be'~'"n_ch- mar _.' Y_,ie_d ADM^ , City 1.21% 930 LAIF 0.38% 236 2YearTreasury 0.25% 730 3 Year Treasu 0.42% 1,095 ADM = Avera a Da s to Maturit During the quarter, twenty investments totaling $66,000,000 were redeemed prior to their maturity dates. These monies represent pooled cash received from various funding sources such as sewer, RDA, TDIF, PAD, General Fund, etc. These funds were reinvested through the purchase of fourteen Federal Agency Securities totaling $45,000,000 using the City's Investment Policy guideline to ensure safety, liquidity and yield. There is no further activity to report on other than routine investments in money market mutual funds by the City's fiscal agents. Conclusion The total cash and investment portfolio held by the City as of September 30, 2011 was $179,148,724. This is a decrease of approximately $24,829,185 from June 30, 2011 to September 30, 2011. This is primarily due to the fact that only a small portion of the City's major revenues such as property tax and sales tax are received during this quarter as compared to the other three quarters of the year. For the quarter ended September 30, 2011, the earned interest yield was 1.208%, a decrease from the 1.299% reported for the quarter ended June 30, 2011, reflecting higher yielding investments being redeemed and then reinvested at lower interest rates. The weighted average maturity as of September 30, 2011 increased from the previous quarter's 2.40 years to 2.55 years which is within the. Council Policy of less than 3.0 years. The weighted average maturity remains sufficiently liquid to enable the City to meet all operating requirements that might be reasonably anticipated. Considering the projected timing of cash receipts and disbursements and the structure of the Pooled Investment Portfolio, the City should be able to comfortably meet overall cash flow needs over the next six months. There is no direct fiscal impact by this action. I certify that this report reflects the City of Chula Vista and related agencies pooled investments and is in conformity with the State of California Government Code on authorized investments and with the Investment Policy of the City of Chula Vista as stated in Resolution No. 2011-020 dated February 22, 2011. Respectfully submitted, Maria Kachadoorian Director of FinancelTreasurer 4-6 Summary of Cash and Investments as of September 30, 2011 Investment T~ Par Value Market Value Book Value Portfolio Investment Portfolio Federal Securities 119,000,000 119,222,682 119,000,000 46.04% Pooled Investments 43,548,144 43,607,237 43,548,144 16.85% Corporate Bonds 4,000,000 4,037,920 3,992,960 1.54% Subtotal 166,548,144 166,867,839 166,541,104 62.89% Cash/Time Deposits $12,600,580 $12,600,580 $12,600,580 4.87% Total Cash & Investments Held by the City _ $179,148,724 $179,468,419 $179,141,684 69.31% Held by Bank Trustee/Fiduciary Funds (1) U. S. Government 2,021,563 2,113,040 2,021,563 0.78% Investment Agreements 14,897,830 14,897,830 14,897,830 5.76% ~ Mutual Funds` 57,905,846 57,905,846 57,905,846 22.40% ~, Cash with Fiscal Agents 2 2 2 0.00% Restricted Cash 4,507,681 4,507,681 4,507,681 1.74% Total Held by Bank Trustee/Fiduciary Funds $79,332,922 $79,424,399 $79,332,922 30.69% Total Portfolio $258,481,646 $258,892,818 $258,474,606 100.00% (1) Reflects bond proceeds held by trustee in accordance with bond covenants. Par value is the principal amount of the investment on maturity. All market values contained herein are received from sources we believe are reliable, however we do not guarantee their accuracy. Book value is the par value of the security plus or minus any premium or discount and accrued interest that was included in the purchase price. ~~~~i rKt CITY OF CHULA VISTA Investments Mana9etl Pool Account 1 Managed Pool Account 3 Managed Pool ACCOUnt2 Federal Agency Coupon Securities Federal Agency Callables Corporate Coupon Bonds i.,..o~anenr 166,548,144.47 166,867,838.65 166,541,104.47 100.00° City of Chula Vista 276 Fourth Ave Chula Vista CA 91910 (619)691-5250 Days to YTM Term Maturity 1 1 0.378 1 1 0.770 1 1 0.540 1,096 374 1.750 1,428 1,311 1.439 1,171 160 2.660 1,045 930 1.208 Total Earnings September 30 Month Ending Fiscal Year To Date Ct~rent Year 176,921.64 567,170.36 Avbrage Daily Balance 175,005,748.03 181,566,001.41 Effective Rate of Return ~~J/ 1.23% 1.24% ~;G'lt.~~1~ Phillip A. Davis, Assistant Director of FilSance Reporting period 09101!2011-0913012011 Run Date: 10/27/2071 -13:10 Chula Vista Investment Pool Portfolio Management Portfolio Summary September 30, 2011 Par Value Market Value Book Value % of Portfolio 37,484,337.63 37,543,430.56 37,484,337.63 22.51 5,052,217.81 5,052,217.81 5, 052,217.81 3.03 1,011,589.03 1,011,589.03 1,011,589.03 0.61 2,000,000.00 2,029,540.00 2,000,000.00 1.20 117,000,000.00 117,193,147.25 117,000,000.00 70.25 4,000,000.00 4,037,920.00 3,992,960.00 2.40 Portfolio CHUL CC PM (PRF PMi)SymRept 6.41.202b Report Ver. 5.00 Chula Vista Investment Pool Portfolio Management Portfolio Details -Investments September 30, 2011 Page 2 Average Purchase Staled Days to YTM Maturity CUSIP Investment# Issuer Balance Dale Par Value Market Value Book Value Rate Term Malurlty Date Managed Pool Account 1 SYS1 0197 10187 Local Agency Investment Fund 37,484,337.63 37,543,430.56 37,484,337.63 0.378 1 1 0.378 Subtotal and Average 44,717,670.98 37,484,337.63 37,543,430.56 37,484,337.63 1 1 0.378 Managed Pool Account3 SY510547 10547 San Diego County Inv Pool Subtotal and Average 5,052,217.81 5,052,217.81 5,052,217.81 5,052,217.81 0.770 5,052,217.81 5,052,217.81 5,052,217.51 1 1 0.770 1 1 0.770 Managed Pool Account 2 SYS70507 10507 CaRrust SHort Term Fund 1,011,589.03 1,011,589.03 1,011,589.03 0.540 1 1 0.540 Subtotal and Average 1,012,585.92 1,011,589,03 1,011,589.03 1,011,589.03 1 1 0,540 Federal Agency Coupon Securities 3133XV6U0 10542 Federal Home Loan Bank Subtotal and Average FLUeral Agency Callables 3134G2EL2 10617 3133XXVR5 10564 313373EN8 10818 31331 KL64 10819 31331 KLP3 10628 31331KMU1 10629 31331 KQL7 10638 3136FRTW3 10640 3134G1Y65 10611 3134G1XD1 10602 3135GOBZ5 10641 313373GL18 10620 3134G2CK6 10818 3134G2HC9 10621 3134G2HC9 10622 3136FRUZ4 1063E 3136FRXN8 10835 31331KVR8 10644 313373VH2 10628 3134G2LL4 1063° Run Hate: 10/252011 -16:14 10/09/2009 2,000,000.00 2,029,540.00 2,000,000.00 2,000,000.00 2,029,540.00 2,000,000.00 1.750 1,096 374 1.750 10/0912012 2,000,000.00 1,096 374 1.750 Fetleral Home Loan Mortgage Co. 04/28/2011 3,000,000.00 3,002,370.00 3,000,000.00 1.500 1,006 850 1.500 01/20/2014 Federal Homa Loan Bank 04/16/2010 3,000,000.00 3,028,050.00 3,000,000.00 2.490 1,461 928 2.490 04/16/2014 Federal Home Loan Bank 04/29/2011 3,000,000.00 3,021,060.00 3,000,000,00 1.450 1,097 942 1.450 04/30/2014 Federal Farm Credit Bank 05/16/2011 3,000,000.00 2,998,650.00 ~ 3,000,000.00 1.200 1,096 958 1.200 05/16/2014 Federal Fann Credit Benk 06/06/2011 3,000,000.00 3,014,340.00 3,000,000.00 1.180 1,096 979 1.180 06!06!2014 Federal Fann Credit Bank 06/13/2011 3,000,000.00 ~ 3,009,330.00 3,000,000.00 1.050 1,096 988 1.050 08/13!2014 Federal Farm Credit Bank 06!27!2011 3,000,000.00 3,007,410.00 3,000,000.00 1.050 1,096 1,000 1.050 06/27/2014 Federal Nat'I Mtg. ASSOC. 06/3012011 3,000,000.00. 3,004,800.00 3,000,000.00 1.100 7,096 1,003 1.100 06/30/2014 Federal Home Loan Mortgage Co. 01/25/2011 3,000,000.00 3,028,410.00 3,000,000.00 1.500 1,277 1,028 1.500 07/25!2014 Federal Home Loan Mortgage Co. 10/2812010 3,000,000.00 3,001,470.00 3,000,000.00 1.150 1,389 1,031 1.150 07/28!2014 Federal Nat'I Mtg. Assoc. 06/08/2011 3,000,000.00 3,004,980.00 3,000,000.00 1,150 1,096 7,042 1:150 08!08/2014 Federal Home Loan Bank 05/25/2011 3,000,000.00 3,004,530.00 ~ 3,000,000.00 1.500 1,188 1,059 1.500 08/25/2014 Federal Home Loan Mortgage Co. 04/14!2011 3,000,000.00 3,001,280.00 3,000,000.00 1.800 1,279 1,109 1.800 10/14!2014 Federal Home Loan Mortgage Co. 05/25/2011 3,000,000.00 3,004,590,00 3,000,000.00 1.500 1,260 1,151 1.500 11/25!2014 Federal Home Loan Modgage Co. 05125/2011 3,000,000.00 3,004,590.00 3,000,000.00 1.500 1,260 1,151 1.500 11/25/2014 Federal Nat'I Mtg. Assoc. 08/29/2011 3,000,000.00 3,012,270.00 3,000,000.00 1.250 1,279 1,185 1.250 12/29/2014 Federal Nat'I Mtg. Assoc. 06/30/2011 3,000,000.00 3,011,760.00 3,000,000.00 1.250 1,279 1,186 1.250 12/30/2014 Federal Farm Credit Banl< 08/2272011 4,000,000.00 3,999,960.00 4,000,000.00 1.050 1,389 1,329 1.050 05/21/2015 Fede21 Home Loan Bank 06/10/2011 3,000,000.00 3,051,480.00 3,000,000.00 1.700 1,461 1,348 1.700 06/10/2015 Federal Home Loan Modgage Co. 06!22/2011 3,000,000.00 3,007,290.00 3,000,000.00 1.550 1,461 1,360 1.550 06/22/2015 Portfolio CHUL CC PM (PRF_PM2)SymRept 6.41.202b Report Ver. 5.00 Chula Vista Investment Pool Portfolio Management Portfolio Details -Investments September 30, 2011 Page 3 Average Purchase Stated Days to YTM Maturity CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate Term Maturliy Date Federal Agency Callables 3138FRQU0 10830 Federal Nat'I Mtg. Assoc. 06123!2011 3,000,000.00 3,008,310.00 3,000,000.00 1.600 1,481 1,361 1.600 0612312015 3136FR000 10631 Federal Nal'I Mtg. Assoc. 06/23/2011 3,000,000.00 3,006,310.00 3,000,000.00 1.600 1,461 1,361 1.600 06/23/2015 3136FRH30 10642 Federal Nat'I Mtg. Assoc. 08/10!2011 3,000,000.00 3,012,658.25 3,000,000.00 1.625 1,461 1,409 1.825 08/10/2015 3134G2HW5 10627 Federal Home Loan Mortgage Co. 08/08/2011 3,000,000.00 ~ 3,008,730.00 3,000,000.00 2.000 1,553 1,438 2.000 09/0812015 3136FRX73 10647 Federal Nal'I Mtg. Assoc. 09/08!2011 3,000,000.00 2,983,980.00 3,000,000.00 1.000 1,461 1,439 1.000 09!09/2015 31331JH55 10595 Federal Farm Credlt Bank 09/21/2010 3,000,000.00 3,040,980.00 3,000,000.00 1.875 1,826 1,451 1.875 09/2112015 31331 KZL7 10651 Federal Farm Credit Bank 09/28!2011 3;000,000.00 2,987,812.50 3,000,000.00 1.020 1,481 1,458 1.020 09/28/2015 313462535 10852 Faderal Home Loan Mortgage Co. 09/2912011 - 3,000,000.00 2,977,590.00 3,000,000.00 1.050 1,461 1,459 1.050 09/29/201: 3130FTBJ7 10694 Federal Nat'I Mtg. Assoc. 09/30/2011 5,000,000.00 5,000,000.00 5,000,000.00 1.050 1,461 1,460 1.050 09/30/201: 31331JT45 10601 Federal Farm Credit Bank 10/19/2010 3,000,000,00 3,008,930.00 3,000,000.00 1.500 1,826 1,479 1.500 10/19/2015 3138FTAK5 10653 Federal Nat'I Mtg, Assoc. 09128/2011 3,000,000.00 2,991,150.00 3,000,000.00 1.000 1,552 1,549 1.000 12/28/2015 313GFP5R4 10613 Federel Nat'I Mtg. Assoc. 02117!2011 3,000,000.00 3,026,550.00 3,000,000.00 2.500 1,826 1,600 2.500 OZ/17/201E 313375J24 10650 Federal Home Loan Bank 09/21/2011 3,000,000.00 2,986,260.00 3,000,000.00 1.480 1,643 1,633 1.480 03/21/201E 3'31 KVD9 10645 Federal Farm Credit Bank - 08/22/2011 3,000,000.00 2,991,810.00 3,000,000.00 1.500 1,827 1,787 1.500 08/22/201E 3113375AU1 10643 Federal Home Loan Bank 08!22/2011 3,000,000.00 3,003,420.00 3,000,000.00 1.875 1,827 1,787 1.075 OBl22/201E 3j~J75E45 10646 Federal Home Loan Bank 08/24/2011 3,000,000.00 2,983,470.00 3,000,000,00 1.550 1,827 1,789 1.550 OB/24I201E 3 375GK7 10648 Federal Home Loan Bank 09/16!2011 3,000,000.00 2,984,062.50 3,000,000.00 1.510 1,827 1,812 1.510 09/16/2011 3136FRX57 10649 Federal Nat'I Mtg. Assoc. .09/20/2011 3,000,000.00 2,972,520.00 3,000,000.00 1.420 1,827 1,816 1.420 09/20I201E ' Subtotal and Average 118,233,333.33 117,000,000.00 117,193,141.25 117,000,000.00 1,428 1,311 1.439 Corporate Coupon Bonds EH6482796 10499 General Electric Cap 12!09/2008 2,000,000.00 2,010,660.00 1,994,260.00 3.000 1,095 69 3.101 12/09/2011 36967HAH0 10508 Gene2l Electric Cap 0110812009 2,000,000.00 2,027,280.00 1,998,700.00 2.200 1,247 251 2.220 06108/2012 Subtotal and Average 1,990,700.00 4,000,000.00 4,037,920.00 3,992,960.00 1,771 160 2.660 Total antl Average 173,014,488.03 166,548,144.47 166,867,838.65 166,541,104.47 1,045 930 1.208 Portfolio CHUL CC Run Dale: 1012512011 ~ 76:14 PM (PRF PM2) 3ymRep16.41.202b Chula Vista Investment Pool Portfolio Management Activity By Type September 1, 2011 through September 30, 2011 Page 4 Stated Transaction Purchases Redemptions CUSIP Investment# Issuer Rate Date or Deposits or Withdrawals Balance Managed Pool Account 1 (Monthly Summary) SYS10197 10197 Locel Agency Investment Fund 0.378 0,00 10,000,000.00 Subtotal 0.00 10,000,000.00 37,464,337.63 Managed Pool Account 3 (Monthly Summary) ' Subtotal 5,052,217.81 Managed Pool Account 2 (Monthly Summary) SY510507 10507 CalTrust SHort Term Fund 0.540 -1,010.58 0.00 Subtotal •1,010.58 0.00 7,011,589.03 Federal Agency Coupon Securities Subtotal 2,000,000.00 Feral Agency Caliables 3T3S1JGZ0 10556 r Federal Farm Credit Bank 1.750 09/15/2011 0.00 3,000,000.00 31331 KZL7 10651 Federal Farm Credit Bank 1.020 09/28/2011 3,000,000,00 0.00 3133747K0 10632 Federal Home Loan Bank 1.350 09/30/2011 0.00 3,000,000.00 313374833 10634 Federal Home Loan Bank 1.400 09/30/2011 0.00 3,000,000.00 313375GK7 10648 Federal Home Loan Bank 1.510 0911 612011 3,000,000.00 0.00 313375J24 10850 Federal Home Loan Bank 1.460 0912112011 3,000,000.00 0.00 3134G1TR5 10596 Federal Home Loan Mortgage Co. 2.000 09/30/2011 0.00 4,000,000.00 313461 UT9 10599 Federal Home Loan Mortgage Co. 1.250 09/30/2011 0.00 3,000,000.00 3134G2NF5 10638 Federal Home Loan Mortgage Co. 1.250 09/3012011 0.00 3,000,000.00 313462535 10852 Federal Home Loan Mortgage Co. 1.050 09/29/2011 3,000,000.00 0.00 3136FPLG0 10597 Federal Nat'I Mtg. Assoc. 1.300 09!28/2011 0.00 4,000,000.00 3136FRX73 10647 Federal Nat'I Mtg. Assoc. 1.000 09/09/2011 3,000,000.00 0.00 3136FRX57 10649 Federal Nat'I Mtg. Assoc. 1.420 09/20/2011 3,000,000.00 0.00 ' 3136FTAK5 10653 Federal Nat'I Mtg. Assoc. 1.000 09/28/2011 3,000,000.00 0.00 3136F1'BJ7 10654 Federal Nat'I Mtg. Assoc. 1.050 09/30/2011 5,000,000.00 0.00 Subtotal 26,000,000.00 23,000,000.00 117,000,000.00 Corporate Coupon Bonds Subtotal 3,992,960.00 Total ~ 25,998,889.42 33,000,000.00 188,541,104.47 Portfolio CHUL CC Run Date: 10/25201T~ 76:74 pM (PRF_PM3)SymRep16.4t.202b Report Ver. 5.00 Chula Vista Investment Pool onth End ear umber of Securities Portfolio Management Activity Summary September 2010 through September 2011 Yield to Maturity Managed Total 360 365 Pool Invested Equivalent Equivalent Rate umher of Investments Purchased umher of Investments Redeemed verage Term Page 5 verage Days to Maturity September 2010 40 ~ 158,823,803.96 1.541 1.562 0.500 7 9 1,022 904 October 2010 40 152,886,453.20 1.542 1.563 0.480 2 2 1,077 945 November 2010 42 149,386,453.20 1.602 1.624 0.454 2 0 1,165 1,006 December 2010 46 157,386,453.20 1.653 1.676 0.462 5 1 1,226 1,055 January 2011 47 181,427,163.31 1.505 1.526 0.538 2 1 1,079 914 Pehruary 2011 45 174,427,163.31 1.481 1.502 0.512 2 4 1,070 900 March 2011 43 166,427,163.31 1.482 1.503 0.500 0 2 1,081 891 April 2011 45 182,475,880.14 1.441 ~ 1.461 0.588 4 2 1,016 838 May 2011 AB 200,476,890.72 1.335 1.354 0.413 6 3 974 812 June 2011 50 194,476,890.72 1.281 1.299 0.448 14 12 1,006 877 July 2011 48 184,543,125.63 1.274 1.292 0.381 0 2 ~ 1,017 865 August 2011 43 173,542,115.05 1.192 1.209 0.408 6 1Q` 11 ado 942 816 S~tember 2011 44 166 541 104.A7 1.191 1.208 0.378 8 ~ 7 . ~':, 1,045 930 N Average 45 172,524,666.17 1.425°/ 1.444% 0.466 4 4 1,055 904 Run Oaie: 1012512011 -16:14 Portfolio CHUL CC PM (PRF_PM41 SymRep16.41202b Report Ver. 5,00 Chula Vista Investment Pool Portfolio Management Page 6 Distribution of Investments By Type September 2010 through September 2011 September October November December January February March April May Juna July August September Average Security Type 2010 ~ 2010 2010 2010 2011 2011 ~ 2011 2011 2011 2011 2017 2011 2011 by Period Managed Pool Account 1 22.5 19.5 13.6 11.0 20.6 21.4 21.3 24.9 27.2 23.4 22.5 27.4 22,5 21.4% Short Term Pool Accounts Managed Pooi Account 3 3.2 3.3 3.4 3.2 2.8 2.9 3.0 2.8 2.5 2.6 2.7 2.9 3.0 2.9% Managed Pool Account 2 0.6 0.7 0.7 0.6 0.6 0.6 q.6 0.6 0.5 0.5 0.6 0.6 0.6 0.6% Federal Agency Coupon Securities 3.2 3.3 3.4 32 2.8 2.9 3.0 2.7 1.0 1.0 1.1 1.2 1.2 2.3% Federal Agency Callables 68.0 70.6 76.3 79.4 71.1 69.9 69.7 66.9 66.8 70.5 71.0 65.7 70.3 70.5% Corporate Coupon Bonds 2.5 2.6 2.7 2.5 2.2 2.3 2.4 2.2 2.0 2.1 2.2 2.3 2.4 2.3% -P W Run Dale: 70125/2011 - 76:14 Portfolio CHUL CC PM (PRF_PM5) SymRepl6.4t.202b Report Ver. 5.00 Chula Vista Investment Pool Portfolio Management Interest Earnings Summary September 30, 2011 September 30 Month Ending Fiscal Year To Date Page 7 CD/Coupon/Discount Investments: Interest Collected 184,125.00 531,197.92 Plus Accrued Interest at End of Period 383,682.8D 383,682.80 Less Accrued Interest at Beginning of Period ( 409,473.80) ( 402,116.71) ' Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) '- Interest Earned during Period 158,334.00 512,764,01 Adjusted by Capital Gains or Losses 0.00 0.00 Earnings during Periods 158,334.00 512,764.01 Pass Through Securities: Interest Collected 0.00 0.00 Plus Accrued Interest at End of Period 0.00 0.00 ~ Less Accrued Interest at Beginning of Period ( 0.00) ( 0.00) Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) ~ Interest Earned during Period 0.00 0.00 Adjusted by Premiums and Discounts 0.00 0.00 Adjusted by Capital Gains or Losses ~ 0.00 0.00 Earnings during Periods 0.00 0.00 Cash/Checking Accounts: ' Interest Collected ~ -1,010.58 ~ 64,213.75 Plus Accrued Interest at End of Period 64,243.03 64,243.03 Less Accrued Interest at Beglnning of Period ( 44,644.81) ( 74,050.43) Interest Earned during Period 18,587.64 - 54,406.35 Total Interest Earned during Period 176,921.64 567,170.36 Total Capital Gains or Losses 0.00 0.00 Total Earnings during Periotl Run nale: i6/2520tt -16:14 176,921.64 567,170.36 Portfolio CHUL CC PM (PRF_PM6) SymRept 6.41.202b Repad Ver. 5.00 ~«~i -~.-- .r City of Chula Vista Chula Vista Investment Pool 276 Fourth Ave ri Received Interest cnuia vista cA 91910 CI1Y OF Sorted by Date Received -Grouped by Fund (619)691-5250 CHULAVISTA Received September 1, 2011 -September 30, 2011 Security Par Current Interest Date Received CUSIP Investment# Type Valua Rate Date DUe Date Received Amount Due Amoun[Received Variance Fund: Chula Vista lnvesfinent Pool September 2011 3134G2HW5 10627 MC1 3,000,000,00 2.000 09/08/2011 0910812011 15,000.00 ~ 15,000. 00 - - 31331JGZ0 10558 MCt 0.00 1.750 09!15/2011 09/15/2011 28,250.00 28,250. 00 - 31331JH55 10595 MC1 3,000,000.00 1.875 09121/2011 09/21/2011 28,125.00 28,125. 00 ~ - 3136FPLG0 10597 MC7 0.00 1.300 ~09l28/2011 09/2812011 26,000.00 28,000, 00 - 3133747K0 10632 MC1 3,000,000.00 1.350 09/30/2011 09/3012011 10,125,00 10,125. 00 - 313374833 10634 MC1 3,000,000.00 1.400 0913012011 09/30/2011 10,500.00 10,500. 00 - 3134G1TR5 10598 MC1 4,000,000.00 2.000 09/30(2011 09130/2011' 40,000.00 40,000. 00 - 3134G1 UT9 10599 MC1 3,000,000.00 1.250 09/3012011 09/30/2011 18,750.00 18,750. 00 - 3134G2NF5 10838 MC1 3,000,000.00 1.250 09/30/2011 09!30/2011 9,375.00 9,375. 00 - Subtotal 184,125.00 184,125 .01/ ? - Chula Vista Investment Pool Suhtotal 184,125.00 184,125 .00 ~ Total 184,125.00 184,125 .00 CJ7 Total Cash Overpayment 0.00 Total Cash Shortfall 0.00 Run Dale:101252011 -16:15 Portfolio CHUL CC RI (PRF_RI) 3ymRept 6.4t.202h Repod Ver. 5.00 Chula Vista Investment Pool Received Interest Received Septemher 1, 2011 -September 30, 2011 Page 2 - Security Par Current Interest Dale Received CUSIP Investment # Type Value Rate gate Received Amount Received Cash Accounts Fund: Chula Vista Investment Pool September 2011 ~ SY510507 10507 PA1 1,012,599.61 0.540 09/30/2011 430.57 Subtotal 430.57 Chula Vista Investment Pool Subtotal .430.57 Total 830.57 07 ' Run Hale: 10/25x2017 - 16:15 Portfolio CHUL CC RI (PRF_RI) SymRep16.41202b Report Ver. 5.00 ~«r~ ~~ Chula Vista Investment Pool cdz~e Fo~lratn n~a ~'~''"~' Accrued Interest Chula vista CA 91910 CI7YOF Sorted by Issuer -Investment Number (619)691-5250 CHUTAVISTA September 1, 2011 -September 30, 2011 Adjusted Acc'd Int. Security ~ Par Maturity Current `Beginning at Purchase Interest Interest `Ending CUSIP Investment# Type Value Date Rate Accrued Interest During Period Earned Received Accrued Interest Federal Farm Credit Bank 31331JGZ0 10556 37331JH55 10595 - 31331JT45 10601 313371<LB4 70679 31337 KLP3 10626 31331KMU1 10629 . 31331KGL7 10638 31331KVR8 10844 31331 KV09 10645 31331 KZL7 10651 MC1 MCt MC1 MC1 MC1 MC7 MC1 MC1 MC1 MC1 Subtotal 0. 3,000,000. 3,000,000. 3,000,000. 3,000,000. 3,000,000. 3,000,000. 4,000,000. 3,000,000. 3,000,000. 28,000,000. 00 00 00 00 00 00 00 00 00 00 00 03/15/2013 09/21!2015 10119/2015 05/16/2014 OGlO6/2014 06/13/2014 06/27/2014 05/22/2015 08/22/2016 09/28/2015 1.750 1.875 1.500 1.200 1.180 1.050 1.050 1.050 1.500 1.020 24,206.33 25,000.00 18,500.00 10,500.00 8,358.33 G,825.00 5,600.00 1,050.00 1,125.00 0.00 99,166.66 - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,041.67 4,687.50 3,750.00 3,000.00 2,950.00 2,825,00 2,fi25.00 3,500.00 3,750.00 255.00 29,184.17 26,250.00 28,125.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 54,375.00 b.00 1,562.50 20,250.00 13,500.00 11,308.33 9,450,00 6,225.00 4,550.00 4,875.00 255.00 73,975.83 Fgtleral Home Loan Bank 31~XV6U0 10542 FAC 2,000,000. 00 10109/2012 7.750 13,805.56 0.00 2,916.66 0.00 16,722.22 37y$XXVR5 10564 MC1 3,000,000. 00 04/16/2014 2.490 26,012.50 0.00 6,225.00 0.00 34,237.50 313373EN8 10818 MC1 3,000,000. 00 04/30/2014 1.450 14,741.87 0.00 3,625.00 0.00 18,366.67 313373GC)8 10820 MC1 3,000,000. 00 08/25/2074 1.500 750.00 0.00 3,750.00 0.00 4,500.00 313373VH2 10628 MC1 3,000,000. 00 OG/10/2015 1.700 11,475.00 0.00 4,250.00 0.00 15,725.00 3133747K0 10632 MC7 0 .00 09130/2014 1.350 G,862.50 0.00 3,262.50 10,125.00 0.00 313374833 10634 MC1 0 .00 12/30/2014 1.400 7,178.67 0.00 3,363.33 10,500.00 0.00 313375AU1 10643 MC1 3,000,000 .00 08/2212016 1.875 1,406.25 0.00 4,687.50 0.00 6,093.75 313375E45 70648 MC1 3,000,000 .00 08/2412016 1.550 904.17 0.00 3,875.00 0.00 4,779.17 313375GK7 70848 MC1 3,000,000 .00 09/76/2076 1.570 0.00 0.00 1,887.50 0.00 1,887.50 313375J24 10650 MC1 3,000,000 .00 03/21/2018 1.480 0.00 0.00 1,233.33 0.00 1,233.33 Subtotal 26,000,000 .00 05,074.32 0.00 ~ 39,095.82 20,625.00 103,545.14 Federal Home Loan Mortgage Co. 3134G1TR5 10598 MC1 0 .00 09/30/2015 2.000 33,555.56 0.00 8,444.44 40,000.00 0.00 3134G1 UT9 10599 MC1 0 .00 12/30/2073 1.250 15,729.17 0.00 3,020.83 18,750.00 0.00 3134G1XD1 10602 MC7 3,000,000 .00 07/26/2074 1.150 3,182.50 0.00 2,875.00 0.00 6,037.50 3134G1Y65 10611 MC7 3,000,000 .00 07/25/2074 1.500 4,500.00 0.00 3,750.00 0.00 8,250.00 3134G2CK6 10618 MC1 3,000,000 .00 10/14/2014 1.800 20,550.00 0,00 4,500.00 0.00 25,050.00 3134G2EL2 10817 MC1 3,000,000 .00 01/28/2014 1.500 4,125.00 0.00 ~ 3,750.00 0.00 7.875.00 3134G2HC9 10821 MC1 3,000,000 ,00 11/25/2074 1.500 12,000.00 0.00 3,750.00 0.00 15,750.00 3134G2HC9 10622 MC1 3,000,000 .00 11/25/2014 1.500 12,000.00 0.00 3,750.00 0.00 15,750.00 * Beginning Accrued may not inclu de investments that redemed in the previou s month that had outstanding accrued interest. Ending Accrued includes outstanding purchase interest. Portfolio CHUL ~ CC Run [)ate: 10/25/201 1 -16:16 AI (PRF _AO SymRep16.41.202b Report Ver. 5.00 Chula Vista Investment Pool Accrued Interest Sorted by Issuer ~ Investment Number Page 2 Adjusted Acc'd Int. Security Par Maturity Current ' Beginning al Purchase Interest Interest 'Ending CUSIP Investment# Type Value Date Rate Accrued Interest During Period Earned Received Accrued Interest Federal Home Loan Mortgage Co. " 3134G2HW5 10827 MC1 3,000,000.00 09/08/2015 2.000 13,833.33 0.00 5,000.00 15,000.00 3,833.33 3134G2LL4 10633 MCt 3,000,000.00 06/22/2015 1.550 8,912.50 0.00 3,875.00 0.00 12,787.50 3134G2NF5 10638 MC1 0.00 12/30/2014 1,250 6,354.17 0.00 3,020.83 9,375.00 0.00 313462535 10652 MC1 - 3,000,000.00 09/2912015 1.050 0.00 0.00 175,00 0.00 175.00 Subtotal 27,000,0110.00 134,722.23 0.00 43,911.10 83,125.00 95,508.33 Federal Nat'l Mtg. Assoc. ' 313GFPLGO 10597 MC7 0.00 03/28/2014 1.300 22,100.00 ~ 0.00 3,900.00 28,000.00 0.00 3136FPSR4 10613 MC1 3,000,000.00 02177/2016 2.500 2,916.67 0.00 fi,250.00 0.00 9,166.fi7 3136FRQU0 10630 MC7 3,000,000.00 06/23/2015 1.600 9,066.67 0.00 4,000.00 0.00 13,066.67 3136FR000 70631 MC1 3,000,000.00 08!23/2015 1.600 9,066.87 0.00 4,000.00 0.00 13,066.67 3136FRUZ4 10835 MC1 3,000,000.00 12/2912074 1.250 6,458.33 0.00 3,125.00 0.00 9,583.33 3136FRXN8 10639 MC1 3,000,000.00 12/3012014 1.250 6,354.17 0.00 3,125.00 0.00 9,479.17 3136FRTW3 10640 MC1 3,000,000.00 06/3012014 1.100 5,591.67 0.00 2,750.00 0.00 8,347.67 3135GOBZ5 10641 MC1 3,000,000.00 08/08/2014 1.150 2,204.17 0.00 2,875.00 0.00 5,079.17 313GFRH30 10642 MC1 3,000,000.00 08!10/2015 1.625 2,843.75 0,00 - 4,082.50 0.00 6,90625 3Z36FRX73 10647 MC1 3,000,000.00 09/09!2075 1.000 0.00 0,00 7,833.33 0.00 1,833,33 31t36FRX57 70649 MC7 3,000,000.00 09!20/2016 1.420 0.00 0.00 1,301.67 ~ 0.00 1,301.67 1 3~FTAK5 10653 MC1 3,000,000.00 12/2812015 1.000 0.00 0.00 250.00 0.00 250.00 3136FTDJ7 10854 MC7 5,000,000.00 09/30/2015 1.050 0.00 0,00 145.83 0.00 145.03 Subtotal 38,000,000.00 68,602.10 0.00 37,618.33 26,000.00 78,220.43 General Electric Cap EH6482786 10499 MC2 2,000,000,00 12/09/2011 3.000 13,770.49 0.00 4,918.03 0.00 18,888.52 36967HAH0 10508 MC2 2,000,000.00 06/0812012 2:200 10,137.99 ~ 0.00 3,608.55 0.00 13,744.54 Subtotal 4,000,000.00 23,808.48 0.00 8,524.58 0.00 32,433.06 Total 123,000,000.00 409,473.79 0.00 158,334.00 184,125.00 383,882.79 ' Beginning Accrued may not include investments that redemed in the previous month that had outstanding accrued interest. Ending Accrued includes outstanding purchase interest. Run Date: 1 0/252011 -16;16 Portfolio CHUL CC AI (PRF_A8 SymRept 6.41202b Report Ver. 5.00 `~~,~ ~ City of Chula Vista Chula Vista Investment Pool 276 Fourth Ave ri Chula Vista CA 91910 CI71(Of Realized Gains and Losses (619)691-5250 Sorted By Maturity/Sale/Call Date CHULAVISTA Sales/CaIIslMaturities: September 1, 2011 -September 30, 2011 Investment # Inv, Purchase Par Value Sale Date Days Held MaturitylSale Realized Total Total Total Issuer Type Date Current Rate Maturity Date Term Book Value Proceeds GaInlLOSS Earnings Net Earnings Yield 365 1055G ~ MC1 03/15/2010 3,000,000.00 0911512011 549 3,000,000.00 3,000,000,00 0,00 78,750.00 78,750,00 1.745 Federal Farm Credit Bank 1.750 03/15/2013 1,096 10597 MC1 09128/2010 4,000,000.00 09/28!2011 385 4,000,000.00 4,000,000.00 0.00 52,000.00 52,000.00 1.300 Federal Nat'I Mtg. ASSOC. 1.300 03/28/2014 1,277 , 10632 MC1 06/30/2011 3,000,000.00 09/30/2011 92 3,000,000.00 3,000,000.00 0.00 10,125,00 10,125.00 1.339 Federal Home Loan Bank 1.350 09/30/2014 1,188 ' 10634 MC1 06/30!2011 3,000,000.00 09130/2011 92 3,000,000.00 3,000,000.00 0.00 10,500.00 10,500.00 1.389 Federal Home Loan Bank 1.400 12/30/2014 1,279 10598 MC1 0913012010 4,000,000.00 09/30/2011 365 4,000,000.00 4,000,000.00 0.00 80,000.00 80,000.00 2.000 Federal Home Loan Mortgage Co. 2.000 09/30/2015 1,82fi 10599 MC1 09/30/2010 3,000,000.00 09/30/2011 385 3,000,000.00 3,000,000.00 0.00 37,500.00 37,500.00 1.250 Federal Home Loan Mortgage Co. 1.250 12/30/2013 1,187 10636 MC1 06/30/2011 3,000,000.00 09/30/2011 92 3,000,000.00 3,000,000.00 0.00 9,375.00 9,375.00 1.240 F ral Home Loan Modgage Co. 1.250 12/30/2014 1,279 I Tolal Realized Galns/Losses 23,000,000.00 23,000,000.00 0.00 278,250.00 278,250.00 1.482 CD Run Oate: 7025/2071 -16:16 ' Portfolio CHUL CC CG (PRF CGRi) SymRep16.41.202b Report Ver. 5.60 Schedule of Cash/Investments with Fiscal Agent as of September 30, 2011 Bond Issue Security De: 2001-1/2001-2 RAD Trinity Plus Funding Co Invst Agrmt Trinity Plus Funding Co Invst Agrmt 2002 COP Police Facilities US Treasury Milestone Treasury Oblig FD Prem Shr CFD OG-I linprovement Area A Milestone Treasury Oblig FD Prem Shr Local Agency Investment Furid 2003 Refunding Cert of Participation FSA Capital Mgmt Invst Agreement Milestone Treasury Oblig FD Prem Shr CFD 2001-2 McMillin-Otay Ranch 6 Milestone Treasury Oblig FD Prem Shr CFD 08-I Otay Ranch Village 6 Milestone Treasury Oblig FD Prem Shr LAIF CFD 07-I McMillin Otay Rnch VIIg 11 Milestone Treasury Oblig FD Prem Shr LAIF CFD 06-I Improvement Area B Milestone Treasury Oblig FD Prem Shr 2004 COP Civic Center Phase I Dreyfus Inst'I Res Treasury FSA Capital Management Services LLC 2006 COP Civic Center Phase II Dreyfus Inst'I Res Treasury FSA Investment Agreement CVPFA 2005 Rev Refunding Ser A Milestone Treasury Oblig FD Prem Shr Citigroup GIC #871615.1 CFD 01-1 Improvement Area 8 Milestone Treasury ObIIg FD Prem Shr CFD 12-I McMillin Otay Rnch Vllg 7 Milestone Treasury Oblig FD Prem Shr Cash CFD 13-I Otay Ranch Vllg 7 Milestone Treasury Oblig FD Prem Shr ~ LAIF CFDN7-IB McMillin Otay Rnch Vllg 11 Milestone Treasury Oblig FD Prem Shr 201SZLOP Capital Facilities Refunding LAIF Milestone Treasury Oblig FD Prem Shr Rabobank International NY Branch 06 Subordinate Tax Alloc Ref Bds Milestone Treasury PS Fund # M5 CitiGroup Financial Products, Inc. GIC RDA 2008 Tax Alloc Ref Bonds Milestone Treasury PS Fund # M5 CDBG Section 108 Loan Cash -Interest Bearing Acct Orange Tree MHP Cash -Interest Bearing Acct Grand Total as of September 30, 2011 Filename:J:\f nance\data\investVnv11. xls Trust Acct # Type Maturity Purchase Contractual Date Date Par Value Mkt Value Book Value Yield 34430300/1/2/3/4/5/8/9110/11/1: Mutual Funds 3,814,182 3,814,182 3,814,182 Var 94430303 Invtmnt Agrmt 02-Sep-2017 04-Sep-01 1,201,778 1,201,778 1,201,778 5.600 94430312 Invtmnt Agrmt 02-Sep-2017 04-Sep-01 426,500 42G,500 426,500 5.600 94445202 US Trsy Notes 2,021,563 2,113,040 2,021,563 5.835 94445200/2/4 Mutual Funds 9 9 9 Var 94477000/3/4!5/6!9/10 Mutual Funds 4,911,005 4,911,005 4,911,005 Var 94477005/6/9 Mutual Funds 4,845,236 4,845,236 4,845,236 Var 94652201 Invmnt Agrmt 01-Sep-2012 11-Jun-03 1,132,000 1,132,000 1,132,000 3.100 94652200/1 Mutual Funds 18,034 18,034 18,034 Var 94658900/03/04/05/08/09/10 Mutual Funds 1,332,935 7,332,935 1,332,935 Var 1682100/03I04/05/O6/07/10/11l'Mutual Funds 2,341,772 2,341,772 2,341,772 Var 946 821 0 5/1 2 Mutual Funds 1,594,807 1,594,807 1,594,807 784708000103/04/05/06/07 Mutual Funds 667,559 667,559 667,559 Var 784708003/06 Mutual Funds 2,339,689 2,339,689 2,339,689 786104000/3/4/5 Mutual Funds ~ 1,754,565 1,754,565 1,754,565 Var 325540-44 Mutual Funds 61,661 61,661 61,661 Var 325544 Invmnt Agrmt O7-Mar-2034 16-Sep-04 2,395,911 2,395,911 2,395,911 5.205 14575fi/57/58I68/69 Mutual Funtls 32,761 32,761 32,761 Var 145757 Invmnt Agrmt 01-Mar-2036 17-Mar-2006 1,272,459 1,272,459 1,272,459 5.010 790488000+ Mutual Funds 12,026,447 12,026,447 12,026,447 Var Reserve Accounts Invmnt Agnnt Ot-Sep-2032 6,436,873 6,436,873 6,436,873 4.889 792183000-10 Mutual Funds 5,207,611 5,207,611 5,207,611 Var 791949000/4/6/7/8/12 Mutual Funds 2,041,694 2,041,694 2,041,694 Var 791949005 Cash-Fiscal Agt 2 2 2 '93774000/03/04!05!06/07I081 1~Mutual Funds 3,990,873 3,990,873 3,990,873 Var 793774003 Mutual Funds 1,147,000 7,147,000 1,147,000 794322000/01/03/04105!09 Mutual Funds 1,187,491 1,187,491 1,187,491 Var 794322003 Mutual Funds 212,635 212,635 212,635 136267000-136267005 Mutual Funds 3,451,185 3,451,185 3,451,185 Var 103986003 Invmnt Agrmt 09-Aug-2027 11-Sep-2006 1,027,945 1,027,945 1,027,945 4.980 103987003/05 Mutual Funtls 731,463 731,463 731,483 Var 103987003 Invmnt Agrmt 26-Sep-2027 11-Sep-2006 1,004,365 1,004,365 1,004,365 5.097 127926000 to 6011 Mutual Funds 30-Sep-2036 22-Jul-2008 4,195,236 4,195,236 4,795,236 Var 1459703226 Restricted Cash 3,875,016 3,875,016 3,875,016 Var 2324-80156 Restricted Cash 632,665 632,665 632,665 Var 79,332,922 79,424,399 79,332,922 City of Chula Vista Cash/Time Deposits 30-Sep-11 CASH IN BANK Bank of America -General Account Bank of America -Payroll Account California Bank -Direct Deposit Account Wells Fargo Bank-CV Workers Comp Account CASH ON HAND Petty Cash Fund TIME DEPOSIT Bank of America Time Deposit. Cash/Time Deposits as of.09/30/2011 j:finance\data\Cash and Time Deposits FY1112 SEPT 2011.x1s 4-21 11,836,856 167 1, 525 445,982 12,284,530 6,050 6,050 310,000 310,000 12,600,580 Graff, as of 10/31/11