HomeMy WebLinkAbout2010/11/23 Item 5
CITY COUNCIL
AGENDA STATEMENT
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~\{f:.. CITY OF
. ,. - (HUlA VISTA
NOVEMBER 23,2010, Iteml
ITEM TITLE:
INVESTMENT REPORT FOR THE QUARTER ENDED
SEPTEMBER 30,2010 .
DlRECTOR OF FINf:,/TREASURER ~~ ~'()'v 1"'l1G--
CITY MANAGER
ASSISTANT CITY ANAGER '71
SUBMITTED BY:
REVIEWED BY:
4/STHS VOTE: YES D NO ~
SUMMARY
Transmitted herewith is the City's investment report for the quarter ended September 30, 2010.
To meet the reporting requirements set forth in the California 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.
ENVIRONMENT AL 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,
pursuant 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/COMi\1ISSION RECOMMENDATION
Not applicable.
DISCUSSION
The total cash and investment portfolio held by the City as of September 30, 2010 was
$164,371,891. This is a decrease of approximately $26,693,786 from June 30, 2010 to
September 30,2010. 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. The timing of these receipts can cause dramatic cash flow
fluctuations from quarter to quarter. For the quarter ended September 30, 2010, the earned
5-1
NOVEMBER 23, 2010, Item 5
Page 2 of2
interest yield was 1.562%, a slight decrease from the 1.631 % reported for the quarter ended June
30, 2010, reflecting reinvestment in a lower interest rate environment and of maturing securities
purchased in periods of higher interest rates. The weighted average maturity as of September 30,
2010 was 2.48 years which was an increase from the prior quarter's 2.17. 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, as such, does not require the City Council members to make or
participate in making a governmental decision, pursuant to California Code of Regulations
section 1 8702.4(a). Consequently, this item does not present a conflict under the Political
Reform Act (California Government Code ~ 87100, et seq.).
CURRENT FISCAL IMP ACT
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, 2010
Prepared by: N. Mandery, Treasury Manager, Finance Dept.
5-2
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CITY OF
(HULA VISTA
Finance Department
Investment Report for the Quarter Ended September 30,2010
November 23,2010
Honorable Mayor and City Council,
I am pleased to present this report of investment activity for the quarter ended September 30,
2010 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,
2010 as well as provides a comparison to the quarters ended June 30, 2010 and September 30,
2009.
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 0.62% at the beginning of the quarter dropped to 0.42% at the end of the quarter with
economists forecasting a prolonged period of weak economic growth.
The overall consumer price index (CPI) rose 1.1 % on a year-over-year basis, and the core CPI
(excluding food and energy) showed a 0.9% increase year-over-year indicating that inflation
remains under control.
Portfolio Composition
The table below provides a summary of the City's total investment portfolio as of September 30,
2010. The Investment Portfolio ($158,832,719), CashfTime Deposits ($5,539,172) and Bank
Trustee/Fiduciary Funds ($89,271,001) continue to be invested in accordance with the
Government Code, bond covenants and the Council Investment Policy as adopted on March 2,
2010.
.'
5-3
Honorable Mayor and City Council
Investment Report Quarter ended 09/30/2010
Page 2 of 5
Summary of Cash and Investments as of September 30, 2010
%of
Investment Type Par Value Market Value Book Value Portfolio
Investment Portfolio
Federal Securities 113,000,000 113,805,285 112,998,125 44.55%
Pooled Investments 41,832,719 41,891,568 41,832,719 16.49%
Corporate Bonds 4,000,000 4,116,820 3,992,960 1.57%
Subtotal 158,832,719 159,813,673 158,823,804 61.05%
CashlTime Deposits $5,539,172 $5,539,172 $5,539,172 2.18%
Total Cash & Investments Held by the City $164,371,891 $165,352,845 $164,362,976 64.80%
Held by Bank Trustee/Fiduciary Funds (1)
U. S. Government 8,921,563 9,088,467 8,920,863 3.52%
Investment Agreements 14,897,830 14,897,830 14,897;830 5.87%
Mutual Funds 53,885,678 53,885,678 53,885,678 21.25%
Cash with Fiscal Agents 0 0 0 0.00%
Restricted Cash 11,565,930 11,565,930 11,565,930 4.56%
Total Held by Bank Trustee/Fiduciary Funds $89,271,001 $89,437,905 $89,270,301 35.20%
Total Portfolio $253,642,892 $254,790,750 $253,633,277 100,00%
(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, 2010
us Government
Agency
70%
_______ LAIF (State Pool)
~ 23%
SD County Pool
3%
Corporat~ Coupon /(
Bonds
30' CalTrust
'0 1%
5-4
Honorable Mayor and City Council
Investment Report Quarter ended 09/30/2010
Page 3 of 5
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.
Fiscal Year-to-Date
Net Interest Earnings
Net Gains (Losses) from Sales
Net Total Income Recognized
Total Portfolio Income Recognized
Accrual Basis
September 30,2010 June 30, 2010 September 30,2009
$ 670,786 $ 684,640 $ 942,217
$ 4,700 $
$ 675,486 $ 684,640 $ 942,217
$ 670,786 $ 2,990,619 $ 942,217
$ 4,700 $
$ 675,486 $ 2,990,619 S 942,217
Total Portfolio
Quarter-End
Net Interest Earnings
Net Gains (Losses) from Sales
Net Total Income Recognized
This info comes from the monthly Sympro ~lnterest Earnings Summary" reports.
This table shows the City's average yield to maturity as of
September 30, 2010 as compared to the County of San Diego
and other cities in the county. Carls bad 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.
enc
Chula Vista
County of San Diego
Carlsbad
EI Cajon
Oceanside
San Die 0
Yield
1.56%
0.94%
2.02%
1.50%
1.74%
1.48%
Benchmark Com/Jarison
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 2008 through
September 2010.
1.50/0
Monthly Benchmark Comparison
4.0%
3.50/0
3.0%
2.5%
2.00/0
10%
0.5%
0.00/0
Sep-08 Dee-DB
1 ---+- City
Mar-09
Jun-09
Sep-09 Dee-De
______ 2yr Treasury
Mar-10
Jun-10
Sep-10
I
___ LAtF
___ 3yr Treasury
5-5
Honorable Mayor and City Council
Investment Report Quarter ended 09/30/2010
Page 4 of5
. 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 904 days.
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Bem:timar!<~...:if.LeJi:l ., . J;DJI,/I'~
City 1.56% 904
LAIF 0.50% 185
2 Year Treasury 0.42% 730
3 Year Treasu 0.63% 1,095
ADM = Avera e Da s to Maturit
Investment Activitv
During the quarter, twenty investments totaling $68,000,000 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 $48,000,000 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, 2010 was
$164,371,891. This is a decrease of approximately $26,693,786 from June 30, 2010 to
September 30, 2010. 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. The timing of these receipts can cause dramatic cash
flow fluctuations from quarter to quarter. For the quarter ended September 30, 2010, the
earned interest yield was 1.562%, a slight decrease from the 1.631 % reported for the quarter
ended June 30, 2010, reflecting maturing securities purchased in periods of higher interest rates
now being reinvested in a lower interest rate environment.
The weighted average maturity as of September 30,2010 increased from the previous quarter's
2.17 years to 2.48 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 Califomia Government Code on authorized investments and
with the Investment Policy of the City of Chula Vista as stated in Resolution No. 2010-045 dated
March 2, 2010. '
Respectfully submitted,
Maria Kachadoorian
Director of FinancefTreasurer
5-6
Summary of Cash and Investments as of September 30, 2010
%of
Investment Type Par Value Market Value Book Value Portfolio
Investment Portfolio
Federal Securities 113,000,000 113,805,285 112,998,125 44.55%
Pooled Investments 41,832,719 41,891,568 41,832,719 16.49%
Corporate Bonds 4,000,000 4,116,820 3,992,960 1.57%
Subtotal 158,832,719 159,813,673 158,823,804 61.05%
Cash/Time Deposits $5,539,172 $5,539,172 $5,539,172 2.18%
Total Cash & Investments Held by the City $164,371,891 $165,352,845 $164,362,976 64.80%
Held by Bank Trustee/Fiduciary Funds (1)
U. S. Government 8,921,563 9,088,467 8,920,863 3.52%
Investment Agreements 14,897,830 14,897,830 14,897,830 5.87%
Mutual Funds 53,885,678 53,885,678 53,885,678 21.25%
(]1 Cash with Fiscal Agents 0 0 0 0.00%
I
-.I Restricted Cash 11,565,930 11,565,930 11,565,930 4.56%
Total Held by Bank Trustee/Fiduciary Funds $89,271,001 $89,437,905 $89,270,301 35.20%
Total Portfolio $253,642,892 $254,790,750 $253,633,277 100.00%
(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.
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ClIT OF
CHUIA VISTA
Investments
Managed Pool Account 1
Managed Pool Account 3
Managed Pool Account 2
Federal Agency Coupon Securities
Federal Agency CaUables
Corporate Coupon Bonds
Chura Vista Investment Pool
Portfolio Management
Portfolio Summary
September 30,2010
Par
Value
35,801,202.99
5,018,916.36
1,012,599.61
5,000,000.00
108,000,000.00
4,000,000.00
Market
Value
35,860,052.15
5,018,916.36
1,012,599.61
5,078,437.50
108,726,847.50
4,116,820.00
Investments
159,813,673.12
158,823,803.96
158,832,718.96
Book
Value
35,801,202.99
5,018,916.36
1,012,599.61
5,000,000.00
107,998,125.00
3,992,960.00
%of
Portfolio
22.54
3.16
0,64
3.15
68,00
2,51
100.00%
Term
1
1
1
1,262
1,400
1,171
1,022
Days to
Maturity
1
1
1
1,043
1,261
525
904
City of Chula Vista
276 Fourth Ave
Chula Vista CA 91910
(619)691-5250
YTM
0.500
1.020
0.560
1.930
1.892
2.660
1.562
Total Earnings
Current Year
Average Daily Balance
Efflftive Rate of Return ~!
CD Y.< /
//ty /Z~
Phillip A. Davis, Assistant Director of Finance
September 30 Month Ending
Reporting period 09/01/2010-09/30/2010
Run Data: 1012BJ2010 -11:34
201,637.57
157,390,433.68
1.56%
Fiscal Year To Date
675,465.94
166,048,720.93
1.59%
/ LJ- 2 f -/0
Portfolio CHUL
CC
PM (PRF _PM1) SymRapl 6.41.202b
ReportVer.5.00
Chula Vista Investment Pool
Portfolio Management Page 1
Portfolio Details - Investments
September 30, 2010
Average Purchase Stated Days to YTM" Maturity
CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity Date
Managed Pool Account 1
SYS10197 10197 local Agency Investment Fund 35,801,202.99 35,860,052.15 35,801,202.99 0.500 0.500
---
Subtotal and Average 42,167,869.66 35,801,202.99 35,860,052.15 35,801,202.99 0.500
Managed Pool Account 3
SYS10547 10547 San Diego County Inv Pool 5,018,916.36 5018,916.36 5018,916.36 1.020 1.020
---
Subtotal and Average 5,018,916.36 5,018,916.36 5,018,916.36 5,018,916.36 1.020
Managed Pool Account 2
SYS10507 10507 CalTrust SHort Term Fund 1,012,599.6-1 1,012,599.61 1,012599.61 0.560 0.560
---
Subtotal and Average 1,012,599.61 1,012,599.61 1,012,599.61 1,012,599.61 0.560
Federal Agency Coupon Securities
3133XV6UO 10542 Federal Home loan Bank 10/09/2009 2,000,000.00 2,047,500.00 2,000,000.00 1.750 1,096 739 1.750 10/09/2012
3136FMTQ7 10571 Federal Nal'j Mlg. Assoc 05f27/2010 3,000000,00 3,030,937.50 3,000,000.00 2.050 1,372 1245 2.050 02f27f2014
---
(J1 Subtotal and Average 3,000,000.00 5,000,000.00 5,078,437.50 5,000,000.00 1,262 1,043 1.930
I
JQderal Agency Callables
3128X8XS6 10526 Federal Home Loan Mortgage Co. 04/27/2009 3,000,000.00 3,025,290.00 2998,125.00 2.000 1,096 574 2.022 04/27/2012
3133XWU98 10552 Federal Home Loan Bank 02/22/2010 3,000,000.00 3,012,187.50 3,000,00000 1.450 912 691 1.450 08/22/2012
3136FHMAO 10527 Federal Nat'] MIg. Assoc. 04/29f2009 3,000,000.00 3,003,750.00 3,000,000.00 2.250 1,279 759 2.250 10/29/2012
3133XXHS9 10559 Federal Home loan Bank 03/24/2010 3,000,000.00 3,015,000.00 3,000,000.00 1.500 1,006 815 1.500 12/2412012
31331JGZO 10556 Federal Farm Credit Bank 03/15/2010 3,000,000.00 3,034,687.50 3,000,000.00 1.750 1,096 896 1-750 03/15/2013
3134G1FC3 10578 Federal Home loan Mortgage Co. 06/15/2010 4,000,00000 4,007,500.00 4,000,000.00 1.550 1,004 896 1550 03/15/2013
3133XXZR 1 10566 Federal Home loan l3ank 04/26/2010 3,000,000.00 3,002,812.50 3,000,000.00 2.000 1,096 038 2.000 04/26/2013
3133XTNJ1 10532 Federal Home loan Bank ,.05/20/2009 3,000,000.00 3,035,625.00 3,000,000.00 2.500 1,461 962 2.500 OS/20/2013
31331GXN4 10537 Federal Farm Credit Bank 06/03/2009 3,000,000.00 3,041,250_00 3,000,000.00 2.700 1,461 976 2.700 06/03/2013
3133XYl45 10573 Federal Home L.oan Bank 06/03/2010 3,000,000.00 3,021,562.50 3,000,000.00 1.700 1,096 976 1.700 06103/2013
3134G1HW7 10583 Federal Home Loan Mortgage Co. 06/28/2010 3,000000.00 3,025,410.00 3,000,000.00 1.625 1,096 1,001 1.625 06/28/2013
3133XXGM3 10581 Federal Home loan Bank 03/30/2010 3,000,000.00 3,022,500.00 3,000,000.00 2.000 1,280 1,095 2.000 09/30/2013
3134G1GT5 10582 Federal Home loan Mortgage Co. 06/24/2010 3,000,000.00 3,027,690.00 3,000,000.00 1.750 1,279 1,180 1.750 12/24/2013
3134G1UT9 10599 Federal Home loan Mortgage Co. 09/30/2010 3,000,000.00 3,009,420.00 3,000,000.00 1.250 1,187 1,186 1.250 12/30/2013
3133XWSZ3 10550 Federal Home loan Bank 02/10/2010 3,000,000.00 3,021,562.50 3,000,000.00 2.400 1,461 1,228 2.400 02/10/2014
31331JDl4 10553 Federal Farm Credit Bank 02/11/2010 3,000,000.00 3,016,875.00 3,000,000.00 2.420 1,461 1,229 2.420 02/11/2014
3136FM7E8 10591 Federal Nat'l Mtg. Assoc. 08118/2010 3,000,000.00 3,008,437.50, 3,000,00000 1.500 1,280 1,236 1_500 02/18f20t4
3134G1Pl2 10592 Federal Home loan Mortgage Co. 08/26/2010 4,000,000.00 4,034,920.00 4,000,000.00 1.550 1,280 1,244 1.550 02/26/2014
3136FPlGO 10597 Federal Nat'l Mlg. Assoc. 09/28/2010 4,000,000.00 4,013,750.00 4,000,000.00 1_300 1,277 1,274 1.300 03/28/2014
Portfolio CHUL
CC
Run DatB: 10/12/2010-16:35 PM (PRF _PM2) SymRepl 6.41.202b
Report Ver. 500
Chula Vista Investment Pool
Portfolio Management Page 2
Portfolio Details -Investments
September 30,2010
Average Purchase Stated Days to YTM Maturity
CUS1P Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity Date
Federal Agency Callables
3133XXVR5 10564 Federal Home Loan Bank 04/1612010 3,000,000.00 3,074,062.50 3,000,000.00 2490 1,461 1,293 2.490 04/16/2014
3136FM4Wl 10586 Federal Nal'l Mlg. Assoc. 07128/2010 3,000,000.00 3,020,625.00 3,000,000.00 1.500 1,370 1,305 1.500 D4f28/2014
31331JA29 10593 Federal Farm-Credit Bank 09/03/2010 3,000,000.00 3,003,750.00 3,000,000.00 1.300 1,369 1,341 1.300 06f03/2014
3134G1HX5 10584 Federal Home loan Mortgage Co. OB/30/2010 4,000,000.00 4,049,680.00 4,000,000.00 2.100 1,461 1,368 2,100 06/30/2014
3134G1GX6 10585 Federal Home Loan Mortgage Co. 06/30/2010 4,000,000,00 4,047,840.00 4,000,000.00 2.050 1,461 1,368 2.050 06/30/2014
3136FM7F5 10588 "" Federal Nal'l Mlg. Assoc. 08/04/2010 4,000,000.00 4,013,750.00 4,000,000.00 1.650 1,461 1,403 1.650 08/04/2014
3128X9VN7 10554 Federal Home Loan Mortgage Co. 02/19/2010 3,000,000.00 3,022,830.00 3,000,000.00 3.000 1,804 1,580 3.000 01f28/2015
313370Y77 10596 Federal Home Loan Bank 09/27/2010 4,000,000.00 4,001,250.00 4,000,000.00 1.700 1,642 1,638 1.700 03f27/2015
3136FM6W9 10567 Feder~l Nat'l Mlg. Assoc. 07/29/2010 3,000,000,00 3,011,250.00 3,000,000.00 2.000 1,734 1,670 2.000 04128/2015
3136FM5L4 10589 Federal Nat'l Mtg. Assoc. 08/05/2010 4,000,000.00 4,043,750.00 4,000,000.00 2.000 1,826 1,769 2.000 08/05/2015
3136FM5G5 10590 Federal Nal'l Mlg. Assoc. 08/12/2010 2,000,000.00 2,023,125.00 2,000,000.00 2.125 1,826 1,776 2.125 08/12/2015
31331JF32 10594 Federal Farm Credit Bank 09/14/2010 4,000,000.00 4,007,500.00 4,000,000.00 1.875 1,826 1,809 1.875 09/14/2015
31331JH55 10595 Federal Farm Credit Bank 09/21/2010 3,000,000.00 3,013,125.00 3,000,000.00 1.875 1,826 1,816 1.875 09/21/2015
o1134G1TR5 10598 Federal Home Loan Mortgage Co. 09/30/2010 4,000,000.00 4,014,080.00 4,000,000.00 2.000 1,826 1,825 2.000 09/30f2015
I ---
~ Subtotal and Average 59,199,963.06 108,000,000.00 108,726,847.50 107,998,125.00 1,400 1,261 1.892
Qorporate Coupon Bonds
EH6482796 10499 General Electric Cap 12/09f2008 2,000,000.00 2,060,740.00 1,994,260.00 3.000 1,095 434 3.101 12/09/2011
36967HAIl0 10508 General Electric Cap 0110812009 2,000,000.00 2,056,080.00 1,998,700.00 2.200 1,247 .616 2.220 06f0812012
---
Subtotal and Average 1,998,700.00 4,000,000.00 4,116,820.00 3,992,960.00 1,171 525 2.660
Total and Average 112,398,048.68 158,632,718.96 159,813,673.12 158,823,603.96 1,022 90. 1.562
Run Dale: 1011212010-16.35
Portfolio CHUL
CC
PM (PRF _PM2) SymRepl 6,41.202b
CUSlP
Investment #
Chula Vista Investment Pool
Portfolio Management
Activity By Type
September 1, 2010 through September 30, 2010
Page 1
Issuer
Slated Transaction
Rate Date
Balance
Purchases
or Deposits
Redemptions
or Withdrawals
Local Agency Investment Fund
13,000,000.00
13,000,000.00
Managed Pool Account 1 (Monthly Summary)
SYS10197
10197
0.500
14,000,000.00
14,000,000.00
Subtotal
35,801,202.99
Managed Pool Account 3 (Monthly Summary)
Subtotal
5,018,916.36
Managed Pool Account 2 (Monthly Summary)
Subtotal
1,012,599.61
Federal Agency Coupon Securities
Subtotal
c.it1331JPS6
ll1331JPS6
-:t1331JRF2
.....
31331JRM"
31331JAZ9
31331JF32
31331JH55
3133XYR31
3133XYQE8
3133XYPL3
313370Y77
3134G1EH3
3134G1TR5
3134G1UT9
3139SAJ29
3136FPLGo
Federal Agency Callables
10572
10577
10578
10580
10593
10594
10595
10575
10576
10581
10596
10574
10598
10599
10557
105.97
Corporate Coupon Bonds
Run Dale: 10112/2010-16:35
5,000,000.00
Federal Farm Credit Bank
Federal Farm Credit Bank
Federal Farm Credit Bank
Federal Farm Cred.t Bank
Federal Farm Credit Bank
Federal Farm Credit Bank
Federal Farm Credit Bank
Federal Horne Loan Bank
Federal Home loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Mortgage Co.
Federal Home Loan Mortgage Co
Federal Home Loan Mortgage Co.
Federal Nat'l Mtg. Assoc.
Federal Nat'l Mtg. Assoc.
Subtotal
2.350 09/02/2010 0.00 2,99B,500.00
2.350 09f02/2010 0.00 3,000,391.67
1.250 09/14f2010 0.00 3,000,000.00
1.800 09/1Gf2010 0.00 3,000,000.00
1.300 09f03/2010 3,000,000.00 0_00
1.875 09/14/2010 4,000,000.00 0.00
1.875 09/21/2010 3,000,000.00 0.00
2.450 09f09f2010 0.00 4,000,000.00
1.500 09/10/2010 0.00 4,000,000.00
2.000 09f16f2010 0.00 4,000,000.00
1.700 09/2712010 4,000,000.00 0.00
1.300 09/08f2010 0.00 3,000,000.00
2.000 09/30/2010 4,000,000.00 0.00
1.250 09/30f2010 3,000,000.00 000
2.100 09f16/2010 0.00 4,000,000.00
1.300 09/28/2010 4,000,000.00 0.00
25,000,000.00 30,998,891.67
107,990,125.00
Subtotal
Total
3,992,960.00
158,823,803.96
39,000,000.00
43,998,891.67
Portfolio CHUL
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PM (PRF _PM3) SymRept 6.41 202b
ReporlVor. 5.00
Chula Vista Investment Pool
Portfolio Management Page 1
Activity Summary
September 2009 through September 2010
Yield to Maturity Managed Number Number
Month Number of Total 360 36S Pool of Investments of Investments Average Average
End Year Securities Invested Equivalent Equivalent Rate Purchased Redeemed Term Days to M':I1urity
September 2009 38 153,967,772,17 2.242 2.273 0.750 0 0 1,071 892
October 2009 38 145,078,134,30 2.228 2.259 0,646 2 2 1,088 884
November 2009 35 134,079,144.88 2.106 2.136 0.611 0 3 1,039 819
December 2009 33 143,077,123,72 1,877 1,903 0,569 1 3 889 680
January 2010 31 158,128,680.36 1.603 1.626 0.558 3 5 724 560
February 2010 29 152,133,930,36 1.509 1,530 0.577 6 8 697 578
March 2010 35 158,133,930.36 1.624 1.647 0.547 6 0 811 680
April 2010 39 169,221,107.72 1,602 1.624 0.588 7 3 819 705
May 2010 36 188,720,09714 1.367 1.386 0.560 2 5 647 555
June 2010 46 184,719,999,39 1.609 1.631 0.528 14 4 891 793
July 2010 41 174,800,901.83 1.533 1.554 0.531 2 7 849 748
August 2010 42 163,822,695.63 1.606 1.628 0,513 5 4 974 860
cJieptember 2010 40 158,823,803.96 1.541 1.562 0,500 7 9 1,022 904
1
~ Average 37 160,362,101,68 1.727% 1.751% 0,575 4 4 886 743
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PM (PRF]M4) SvmRepI6.41.202b
ReporlVer, 500
Chula Vista Investment Pool
Portfolio Management Page 1
Distribution of Investments By Type
September 2009 through September 2010
September October November December January February March April May June July August September Average
Security Type 2009 2009 2009 2009 2010 2010 2010 2010 2010 2010 2010 2010 2010 by Period
Managed Pool Account 1 214 18.7 20.2 30.8 43.1 44.8 34.9 303 43.3 22.6 27.9 21.2 22.5 29.4%
Short Term Pool Accounts
Managed Pool Account 3 0.7 0.6 3.3 3.2 3.0 2.7 2.7 2.9 3.1 3.2 1.9%
Managed Pool Account 2 . 0.7 0.7 0.8 0.7 0.6 0.7 0.6 0.6 0.5 0.6 0.6 0.6 0.6 0.6%
Federal Agency Coupon Securities 1.4 1.5 1.4 1.3 1.3 1.3 1.2 2.7 2.7 2.9 3.1 3.2 1.8%
Federal Agency Callables 75.3 76.5 74.6 63.6 51.9 47.3 57.6 62.6 48.8 69.3 63.5 69.6 68.0 63.7%
Corporate Coupon Bonds ". 2.6 2.8 3.0 2.8 2.5 2.6 2.5 2.4 2.1 2.2 2.3 2.4 2.5 2.5%
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ReportVer.5,00
Chula Vista Investment Pool
Portfolio Management
Interest Earnings Summary
September 30,2010
Page 1
September 30 Month Ending
Fiscal Year To Date
CD/Coupon/Discount Investments:
Interest Collected
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period
Less Accrued rote rest at Purchase During Period
225,625.00
450,029.58
497,957.79)
0.00)
662,250.00
450,029.58
509,580.58)
0.00)
Interest Earned during Period
Adjusted by Capital Gains or Losses
177,696.79
1,500.00
602,699.00
4,700.00
Earnings during Periods
179,196.79
607,399.00
(J1
I
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.p.
Pass Through Securities:
Interest Collected
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period
Less Accrued Interest at Purchase During Period
0.00
0.00
0.00)
0.00)
0.00
0.00
0.00)
0.00)
Interest Earned during Period
Adjusted by Premiums and Discounts
Adjusted by Capital Gains or Losses
0.00
0.00
0.00
0.00
0.00
0.00
Earnings during Periods
0.00
0.00
Cash/Checking Accounts:
Interest Collected
Plus Accrued Interest <;it End of Period
Less Accrued Interest at Beginning of Period
0.00
70,815.15
48,374.37)
104,746.24
70,815.15
107,474.45)
Interest Earned during Period
22,440.78
68,086.94
Total Interest Earned during Period
Total Capital Gains or Losses '
200,137,57
1,500.00
670,785.94
4,700.00
Total Earnings during Period
201,637.57
675,485.94
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PM (PRF _PM6) SymRepI6,41.202b
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~Jf?-
~;:; Chula Vista Investment Pool City of Chula Vista
~ 276 Fourth Ave
~~~ Accrued Interest Chula Vista C^ 91910
CITY OF Sorted by Issuer - Investment Number (619)G91-5250
(HUlA VISTA
September 1, 2010 - September 30, 2010
Adjusted Acc'd lot
Security p" Maturity Current . Beginning at Purchase Interest Interest . Ending
CUSIP Investment # Type Value Date Rate Accrued Interost During Period Earned Rccelvod Accrued Interest
Federal Farm Credit Bank
31331GXN4 10537 MC, 3,000,000,00 06/0312013 2.700 19,800.00 0.00 6,750.00 0.00 26,55.0.00
31331JDL4 10553 MCl 3,000,000.00 02/11/2014 2.420 4,033.33 0.00 6050.00 0.00 10,083.33
3133UGZO 10556 MCl 3,000,000,00 03115f2013 1.750 24,208.33 0.00 4,375.00 2[3,250.00 2,333.33
31331JPS6 10572 MCl 0.00 06/02/2014 2.350 17,429.17 0.00 195.83 ~7,625.00 0.00
31331JPS6 10577 MCl 0.00 06/02/2014 2.350 17,429.17 0.00 195.83 17,625.00 0.00
31331JHf2 10578 MCl 0.00 09/14f2012 1250 8,020.83 0.00 1354.17 9,375.00 0,00
31331JRM7 10580 MCl 0.00 09/16/2013 1.800 11,250.00 0.00 2,250.00 13,500.00 0.00
31331JA29 10593 MCl 3,000,000.00 06103f20 14 1.300 0.00 0.00 3,033,33 0.00 3,033.33
31331JF32 10594 MCl 4,000,000.00 09/14f2015 1.875 0.00 0.00 3,541.67 0.00 3,541.67
31331JH55 10595 MCl 3,000,000.00 09/21f2015 1,875 0.00 0.00 1,562.50 0.00 1,562.50
Subtotal 19,000,000.00 102,170.83 0.00 29,308.33 84,375.00 47,104.16
(}federal Horne Loan Bank
~133XTNJ1 10532 MCl 3,000,000.00 05/20/2013 2.500 21,041.67 0.00 6,250,00 0.00 27,291,67
(J1133XV6UO 10542 FAC 2,000,000.00 1010912012 1.750 13,805.56 0.00 2,916.66 0.00 16,722.22
3133XWSZ3 10550 MCl 3,000,000.00 02/1012014 2.400 4,200.00 0.00 6,000.00 0.00 10,200.00
3133XWU98 10552 MCl 3,000,000.00 08/22/2012 1.450 1,087.50 0.00 3,62500 0,00 4,712.50
3133XXIlS9 10559 MCl 3,000,000.00 12/24/2012 1.500 8,375.00 0.00 3,750.00 0.00 12,125.00
3133XXGM3 10561 MCl 3,000,000.00 09/30/2013 2,000 25,166.67 0.00 5,000.00 30,000.00 166.67
3133XXVR5 10564 MCl 3,000,000.00 04/16/2014 2.490 28,012.50 0.00 6,225.00 0.00 34,237.50
3133XXZR1 10566 MCl 3,000,000.00 04f26/20 13 2.000 20,833.33 0,00 5,000.00 0.00 25,833.33
3133XYL45 10573 MC' 3,000,000.00 06103/2013 1.700 12,466.67 0.00 4.250.00 0,00 16,716.67
3133XYR31 10575 MCl 0.00 06109/2014 2.450 22,322.22 0.00 2,177.78 24,500.00 0.00
3133XYQE8 10576 MCl 0.00 12/10/2012 1.500 13,500,00 0.00 1,500.00 15,000,00 0.00
3133XYPL3 10581 MCl 0.00 12f16/2013 2.000 16,666.67 0.00 3,333.33 20,000.00 0,00
313370Y77 10596 MCl 4.000,000.00 03/27/2015 1.700 0.00 0.00 755.56 0.00 755.56
Subtotal 30,000,000.00 187,477.79 0.00 50,783.33 89,500.00 148,761.12
Federal Horne Loan Mortgage Co.
3128X8XS6 10526 MCl 3,000,000.00 04/27/2012 2.000 20,666.67 0.00 5,000.00 0,00 25,666.67
3128X9VN7 10554 Mel 3,000,00000 01/28/2015 3,000 8,250.00 0.00 7,500.00 0.00 15,750.00
3134G1EH3 10574 MCl 0.00 06/08f2012 1.300 8,991.67 0.00 758.33 9,750.00 0.00
3134G1FC3 10579 MCl 4,000,000.00 03/15/2013 1.550 13,088.89 0.00 5.166.67 0.00 18,255.56
313401GT5 10582 MCl 3,000,000.00 12/24/2013 1.750 9,770.83 0,00 4,375.00 0.00 14,145.83
3134G1HW7 10583 MCl 3,000,000.00 06/28/2013 1.625 8,531.25 0,00 4,062,50 0.00 12,593.75
* Beginning Accrued may not include investments that redemed in the previous month that had outstanding accrued interest. Ending Accrued includes outstanding purchase interest.
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Chula Vista Investment Pool
Accrued Interest
Sorted by Issuer - Investment Number Page 2
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 Home Loan Mortgage Co.
3134Gl1lX5 10584 MC' 4,000,000.00 06/3012014 2.100 14,233.33 0.00 7,000.00 0.00 21,233.33
3134G1GX6 10585 MC' 4.000,000.00 06130/2014 2.050 13,894.44 0.00 6,833.34 0.00 20,727.78
3134G1PL2 10592 MC' 4,000,000.00 02/26/2014 1.550 861.11 0.00 5,166.67 0.00 6,027.78
3134G1TRS 10598 MC, 4,000,000.00 09/30/2015 2.000 0.00 0.00 222.22 0.00 222.22
3134G1UT9 10599 MC' 3,000,000.00 12/30/2013 1.250 0.00 0.00 104.17 0.00 104.17
Subtotal 35,000,000.00 98,288.19 0.00 46,188.90 9,750.00 134,727.09
Federal Nat'l Mtg. Assoc.
3136FHMAO 10527 MC, 3,000,000.00 10/29/2012 2.250 22,875.00 0.00 5,625.00 0.00 28,500.00
31398AJ29 10557 MC' 0.00 09/16/2013 2.100 38,500.00 0.00 3,500,00 42,000.00 0,00
3136FMTQ7 10571 FAC 3,000,000.00 02/27/2014 2.050 683.33 0.00 5,125.00 0.00 5,808.33
3136FM4W1 10586 MC' 3.000,000.00 04/28/2014 1.500 4,125.00 0.00 3,750.00 0.00 7,875.00
3136FM6W9 10587 MC' 3,000,000.00 04/28/2015 2.000 5,333.33 0.00 5,000.00 0.00 10,333.33
3136FM7F5 10588 MC' 4,000,000.00 08/04/2014 1.650 4,950.00 0.00 5,500.00 0.00 10,450.00
3136FM5l4 10589 MC' 4,000,000.00 08/05/2015 2.000 5,777.78 0.00 6,666.66 0.00 12,444.44
3136FM5G5 10590 MC' 2,000,000.00 08/12/2015 2.125 2,243.06 0.00 3,541.66 0.00 5,784.72
c.ri 136FM7E8 10591 MC, 3,000,000.00 02/18/2014 1.500 1,625.00 0.00 3,750.00 0.00 5,375.00
13136FPLGO 10597 MC' 4,000,000.00 03/28/2014 1.300 0.00 0.00 433.33 0.00 433.33
.....
m Subtotal 29,000,000.00 86,112.50 0.00 42,891.65 42,000.00 87,004.15
General Electric Cap
EH8482798 10499 MC2 2.000,000.00 12/09/2011 3.000 13,770.49 0.00 4,918.03 0.00 18,888.52
36967HAHO 10508 MC2 2,000,000_00 06/08/2012 2.200 10,137.99 0.00 3,606.55 0.00 13,744.54
Subtotal 4,000,000.00 23,908.48 0.00 8,524.58 0.00 32,433.06
Total 117,000,000.00 497,957.79 0.00 J' 177,696.79 225,625.00 450,029.58
. Beginning Accrued may not include investments that redemed in the previous month that had outstanding accrued interest. Ending Accrued includes outstanding purchase interest.
RUf\Da\e'10112J2010-16:36
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Chula Vista Investment Pool
Received Interest
Sorted by Date Received - Grouped by Fund
Received September 1, 2010 - September 30, 2010
City of Chula Vista
276 Fourth Ave
Chula Vista CA 9f91 0
(619)691-5250
CITY OF
CHUlA VISTA
Investment #
Security
Type
p"
Value
Current
Rate
Interest
Dale Heceived
CUStP
Date Due
Date Roceived
Amount Due
Amount Received
Variance
Fund: Chula Vista Investment Pool
September 2010
31331JPS6 10572 MC1 0.00 2.350 09J02/2010 09/02/2010 17,625.00 17,625.00
31331JPS5 10577 MC1 0.00 2.350 09/02/2010 09/02f20 1 0 17,625.00 17,625.00
3134G1EH3 10574 MC1 0.00 1.300 09/08/2010 09/08{2010 9,750.00 9,750.00
3133XYR31 10575 MC1 0.00 2.450 09/09/2010 09/09f2010 24,500.00 24,500.00
3133XYQE8 10575 MC1 0.00 1.500 09f10/2010 09/lOf2010 15,00000 15,000.00
31331JRF2 10578 MC1 0_00 1.250 09f14/2010 09f14f2010 9,375.00 9,375,00
31331JGZO 10556 MC1 3,000,000.00 1.750 09/15/2010 09f15/2010 26,250.00 26,250,00
31331JRM7 10580 MC1 0_00 1.800 09/16/2010 09/16/2010 13,500.00 13,500.00
3133XYPL3 10581 MC1 0.00 2.000 09/16f2010 09/16/2010 20,000.00 20,000.00
31398AJ29 10557 MC1 0.00 2.100 09f16f2010 09/16f2010 42,OUO.00 42,000.00
3133XXGM3 10561 MC1 3,000,000.00 2.000 09f30/2010 09f30/2010 30,000.00 30,000.00
Subtotal 225,625.00 225,625.00
Chula Vista Investment Pool Subtotal 225,625.00 225,625.00
Total 225,625.00 225,625.00
Total Cash Overpayment 0.00
Total Cash Shortfall 0.00
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Rl {PRF_RI} SymRept 6A1_202b
ReportVer. 5.00
~v~ City of Chula Vista
~ Chula Vista Investment Pool 276 Fourth Ave,
~ Realized Gains and Losses Chula Vista CA 91910
- - -- (619)691-5250
CITY OF Sorted By Maturity/Sale/Call Date
CHUlA VISTA Sales/Calls/Maturities: September 1,2010 - September 30,2010
Investment # Illv. Par Value Sale Date Days Held
Purchase Maturity/Sale Realized Total Total Total
Issuer Type Date Current Rate MaturIty Date Term Book Value Proceeds Gain/Loss Earnings Net Earnings Yield 365
10572 MG' 0610212010 3,000,000.00 09/02/2010 92 2,998,500.00 3,000,000.00 1,500.00 17,625.00 19,125.00 2.530
Federal Farm Credit Bank 2.350 06/02/2014 1,461
10577 MC' 06/04/2010 3,000,000.00 09/02f2010 90 3,000,391.67 3,000,391.67 0.00 17,233.33 17,233.33 2.329
Federal Farm Credit Bank 2.350 06/02/2014 1,459
10574 MC' 0610812010 3,000,000.00 09/08f2010 92 3,000,000.00 3,000,000.00 0.00 9,750.00 9,750.00 1.289
Federal Home Loan Mortgage Co. . 1.300 06/08/2012 731
10575 MC' 06/09/2010 4,000,000.00 09/09/2010 92 4,000,000.00 4,000,000.00 0.00 24,500.00 24,500.00 2.430
Federalllome Loan Bank 2.450 06/09/2014 1,461
10576 Me, 06/10/2010 4,000,000.00 09/10/2010 92 4,000,000.00 4,000,000.00 0.00 15,000.00 15,000.00 1.488
Federal Home Loan Bank 1.500 12/10/2012 914
10578 MC, 06/14/2010 3,000,000.00 09/14/2010 92 3,000,000.00 3,000,000.00 0.00 9,375.00 9,375.00 1.240
Federal Farm Credit Bank 1.250 09/14/2012 823
10580 MG' 06/16/2010 3,000,000.00 09/16/2010 92 3,000,000.00 3,000,000.00 0.00 13,500.00 13,500.00 1.785
c.nederal Farm Credit Bank 1.800 09/16/2013 1,188
110581 MG' 06/16/2010 4,000,000.00 09/16/2010 92 4,000,000.00 4,000,000,00 0.00 20,000.00 20,000.00 1.984
-tederal Home Loan Bank 2.000 12/16/2013 1,279
IX! 0557 MC' 03/16/2010 4,000,000.00 09/16/2010 '84 4,000,000.00 4,000,000.00 0.00 42,000.00 42,000.00 2.083
Federal Nat'l Mtg. Assoc. 2.100 09/16/2013 1,280
Total Realized GainsfLosses 30,998,891.67 31,000,391.67 1,500.00 168,983.33 170,483.33 1.918
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Schedule of Cashllnvestments with Fisca! Agent
as of September 30,2010 Fiscal Maturity Purchase Contractual Book
Bond Issue Secur ty Description Trust Acct # Agent Type Date Date Par Value Mkt Value Value Yield
94 CV Pension Oblig Bd 1st American Trs Oblig CL 0 Corp Tr 95439642 US Bank MF Mutual Funds Var
COP 2000A Financing proj Milestone Treasury Oblig FD Prem Shr 94418720/21/24 US Bank MF Mutual Funds 119,023 119,023 119,023 Var
CV Public Financing Authority Milestone Treasury Oblig FD Pram Shr 34430300/112/3/4/5/8/9/10111/1: US Bank MF Mutual Funds 3,434 641 3,434,641 3,434,641 Var
2001~1/2001-2 RAD Trinity Plus Funding Co Invst Agrmt 94430303 US Bank IA Invtmnt Agrmt 02-Sep-17 04-Sep-01 1201,778 1,201 773 1201,778 5.600
Trinity Plus Funding Co Invst Agrmt 94430312 US Bank IA Invtmnt Agrmt 02-Sep-17 04-Sep-01 426,500 426,500 426,500 5.600
2002 COP Police Facilities US Treasury 94445202 US Sank use us Trsy Notes 2,021,563 2,158,120 2,021,563 5.835
Milestone Treasury Oblig FD Prem Shr 9444520012/4 US Bank MF tJlutual Funds 6 6 6 Var
CFD 06-1 Improvement Area A Cash 94477000 US Bank CFA Cash-Fiscal Agt
Milestone Treasury Oblig FO Prem Shr 94477000/3/4/5/6/9f10 US Bank MF Mutual Funds 1,965,514 1,965,514 1,965,514 Var
Local Agency Investment Fund 94477005/6/9 US Bank MF Mutual Funds 4,821 673 4,821,673 4,821,673 Var
FHLB 1.550 08/10/2012 94477003 US Bank USe: US Trsy Notes 10-Aug-2012 31-Mar-2010 2700,000 2,708,451 2,700,000 1.550
2003 Refunding Cert of Participation FSA Capital Mgmt lnvst Agreement 94652201 US Bank IA Invmnt Agrmt 01-Sep-12 11-Jun-03 1,132,000 1,132,000 1 132,000 3.100
Milestone Treasury Obfig FD Prem Shr 94652200/1 US Bank MF Mutual Funds 17,840 17,840 17,840 Var
CFD 2001-2 McMillln-Otay Ranch 6 Milestone Treasury Ob ig FD Prem Shr 94658900/03/04/05/08/09110 US Bank MF Mutual Funds 548,629 548,629 548,629 Var
FHLB 1.550 08/10f2012 94658903 US Bank use US Trsy Notes 10-Aug-2012 31-Mar-2010 700,000 702,191 700,000 1.550
CFD 08-1 Otay Ranch Village 6 Milestone Treasury Oblig FD prem Shr 1682100/03/04/05/06/07/10/111' US Bank MF Mutual Funds 799,508 799,508 799,508 Var
lAlF 84682105/12 US Bank MF Mutual Funds 1,587,051 1,587,051 1,587,051
FNMA MTN 1.850 03/25/2013 94682103 US Bank use US Trsy Noles 25-Mar-2013 25-Mar-2010 1,500,000 1,508,445 1,499,700 1.850
CFD 07-1 McMillin Otay Rnch Vllg 11 Iy1 lestone Treasury Oblig FD Prem Shr 784708000/03/04/05/06/07 US Bank MF Mutual Funds 1,497,500 1,497,500 1,497,500 Var
lAlF 784708003/06 US Bank MF Mutual Funds 2,402,061 2,402,061 2,402,061
CFD 06-1 Improvement Area B Milestone treasury Oblig FD Prem Shr 786104000/3/4/5 US Bank MF Mutual Funds 1,151,264 1,151,264 1,151,264 Var
FNMA MTN 1.850 03/2512013 786104003 US Bank USe: US Trsy Notes 25-Mar-2013 25-Mar-2010 500,000 502,815 499,900 1.850
2004 COP Civic Center Phase I Dreyfus Ins!,1 Res Treasury 325540-44 BNY MF Mutual Funds 700 700 700 Var
FSA Capita! Management Services LLC 325544 BNY IA Invmnt Agrmt 01-Mar-34 16-Sep-04 2,395,911 2,395,911 2,395,911 5205
2006 COP Civic Center Phase II Dreyfus Inst'l Res Treasury 145756/57/58f68/69 BNY MF Mutual Funds 49,862 49,862 49,862 Var
FSA Investment Agreement 145757 BNY IA InvmntAgrmt 01-Mar-36 17-Mar-2006 1,272,459 1,272,459 1,272,459 5.010
CVPFA 2005 Rev Refunding Ser A Milestone Treasury ObJig FO Prem Shr 790488000+ US Bank MF Mutual Funds 11,233,683 11,233,683 11 233,683 Var
0'1 Citigroup GIC #871615.1 Reserve Accounts US Bank IA Invmnt Agrmt 01-Sep-2032 6,436,873 6,436,873 6,436,873 4.889
I US Treasury Escrow Accounts US Bank use US Trsy Notes Var
CFDJl.:I.-1lmprovementArea B M lestone Treasury Oblig FD Prem Shr 792183000-10 US Bank MF Mutual Funds 5,829,010 5,829 010 5,829,010 Var
CO FNMA MTN 1.850 03/25/2013 792183003 US Bank use us Trsy Notes 25-Mar-2013 25-Mar-2010 500,000 502,815 499,900 1.850
CFD 12-1 McMillin Olay Rnch VlIg 7 Milestone Treasury Ob ig FD Prem Shr 79194900014/5/6/718111/12 US Bank MF Mutual Funds 1,546,764 1,546,764 1,546,764 Var
FNMA MTN 1.850 03/25/2013 791949004 US Bank use us Trsy Notes 25-Mar-2013 25-Mar-2010 1,000,000 1,005,630 999,800 1.850
CFD 13-1 Olay Ranch VJ!g 7 Milestone Treasury Oblig FO Prem Shr '93774000/03/04/05/06/07/08f11 US Bank MF Mutual Funds 3,549,802 3,549,802 3,549,802 Var
lAlF 793774003 US Bank MF Mutual Funds 1,260354 1,260,354 1,260354
CFD 07-IB McMillin Otay Rnch VlIg 11 Milestone Treasury Oblig FD Prem Shr 794322000/01 /03/04{Q5/09 US Bank MF Mutual Funds 1,875,190 ~ 875,190 1,875,190 Var
lAlF 794322003 US Bank MF Mutual Funds 211,600 211,600 211,600
2010 COP Cap.tal Facilities Refunding Milestone Treasury Oblig FD Prem Shr 136267000-136267005 US Bank MF" Mutual Funds 4,068,175 4,068,175 4,068,175 Var
Cash 136267005 US Bank CFA Cash-Fiscal Agt
06 Sf. Tax Alloc Ref Bonds A Milestone Treasury PS Fund # M5 103986000/05 US Bank MF Mutual Funds 1 1 1 Var
Rabobank International NY Branch 103986003 US Bank IA Invmnt Agrmt 09-Aug-2027 11-Sep-200B 1,027,945 1,027,945 1,027,945 4.980
06 Subordinate Tax Alloe Ref Bds M.lestone Treasury PS Fund # M5 103987003/05 US Bank MF Mutual Funds 720,813 720,813 720,813 Var
CitiGroup Financial Products, Inc. GIC 103987003 US Bank IA Invmnt Agrmt 26-Sep-2027 11-Sep-2006 1,004,365 1,004,365 1,004,365 5.097
RDA 2008 Tax Alloc Ref Bonds Milestone Treasury PS Fund # M5 127926000 to 6011 US Bank MF Mutual Funds 30-Sep-2036 22-Jul-2008 5,195,014 5,185,014 5,195,014 Var
COBG Section 108 Loan Cash - Interest Bearing Acct 1459703226 B of A RC Restricted Cash 7,056,443 7 056,443 7,056,443 Var
Orange Tree MHP Cash - Interest Bearing Acct 2324-80156 B of A RC Restricted Cash 617,348 617,348 617,348 Var
ROA Housing Program Cash - Interest Bearing Acet Various B of A RC Restricted Cash 3,890,699 3,890,699 3,890,689 Var
COBG Housing Program Cash - Interest Bearing Accl Varous BofA RC Restricted Cash 1.441 1,441 1441 Var
Grand Total as of September 30,2010 89,271,001 89,437,905 89,270,301
Filename:J:\finance\data\invest\inv11.xls
rfinancl:\dala\invest\lnv11.~IS
City of Chula Vista
CashlTime Deposits
30-Sep-10
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
CashlTime Deposits as of 09/30/201 0
j:finance\data\Cash and Time Deposits FY1 011 SEPT 30 2010.xls
5-20
5,035,771
21
1,685
311,102
5,550
185,044
5,348,579
5,550
185,044
5,539,172
Draft, as of 10/25/2010