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Home My WebLink AboutSummary Investment Transactions - October 1995 through May 1 ti (11) 7/15/96 - ncil/Agency Agenda - Page 11 Impartial Analyses The City Council may direct the preparation of impartial analyses on the measures by directing the City Attorney to do so. Resolution No. 96-49 - "A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH, CALIFORNIA, SETTING PRIORITIES FOR FILING WRITTEN ARGUMENTS REGARDING CITY MEASURES AND DIRECTING THE CITY CLERK TO PREPARE IMPARTIAL ANALYSES." Recommended Action: Motion to: Adopt Resolution No. 96-49 after Counc-lrnemh�5 authorised to file w tten vvurr rrr ram rrr�v �ruTrrvr-rr.. arguments; OR (b) Adopt Resolution No. 96-49 as amended to not give Council first priority to file written arguments but to direct the preparation of impartial analyses; [Approved 6-0] OR .wo-uld-result-in-lg mpartial-a es-"Gr Counc-ihmembers authe4zed to file arguments. F-2. (City Council) Review of Investment Portfolio Summaries Presented By City Treasurer- Pursuant To The Investment Policy of the City of Huntington Beach (310.20) Communication from the City Treasurer transmitting Investment Portfolio Summaries, pursuant to Section 17.0 of the Investment Policy of the City of Huntington Beach. Recommended Action: Motion to: Review and accept the monthly investment reports for October, November, December, 1995, January, and February, 1996; previously presented to Council but not formally agendized, and review and accept the reports for March, April, and May, 1996, pursuant to Section 17.0 of the Investment Policy of the City of Huntington Beach. Prepared by City Treasurer [Slide Report Presented Recommended Action Approved 6-0 and requested that the Investment Advisory Board review and ask the City Treasurer to report back to Council regarding reducing investment in LAIF Portfolio] (11) SUMMARY OF INVESTMENT PORTFOLIO ACTIVITY FOR OCTOBER, 1995 The following is a summary of investment transactions for the month of October, 1995: End of period City Portfolio Balance $50,787,924.20 Interest Received for Period 253,133.97 Earned Interest Yield 5.903%. Average Maturity 117 days - During the month of October, the city's portfolio increased from $33,996,878.27 to $50,787,924.20, due primarily to the sale of the 1995/96 TRAM The yield on the Treasurer's portfolio decreased from 5.991% to 5.903%. In comparison the 90 day treasury rate was The city's General Account Bank Balance on October 31, 1995 was $1,857,203.06. Interest Received Total current month $253,133.97 _ Total year to date $253,133.97 Transaction Summary Value Number of securities purchased 21 $125,225,000.00 Number of securities matured/sold 24 $130,236,854.88 Percent of Available Funds Invested 96.34% Summary. of Changes in Investment Portfolio October, 1995 Beginning of + OR - End of Month Percent Month This Month of Portfolio Repurchase $ 5,800,000.00 <$1,850,000.00> $ 3,950,000.00 7.78% Agreements Federal Agency $ 7,990,278.61 <$3,152,133.49> $ 4,838,145.12 9.53% Issues Local Agency $18,206,599.66 $21,793,179.42 $39,999,779.08 78.76% Investment Fund Medium Term $ 2,000,000.00 - - - $ 2,000,000.00 3.94% Notes TOTALS $50,787,924.20 100.00% I certify that this report accurately reflects all City and Redevelopment Agency pooled investments and is in conformity with all State laws and the City of Huntington Beach Investment Policy statement adopted by the City Council on October 16, 1995. The investment program herein shown provides sufficient cash flow liquidity to meet next month's estimated expenditures. 11/29/199S CITY OF HUNTINGTON BEACH PM - 1 PORTFOLIO MASTER SUMMARY CITY OC70BER 31, 1995 ACCRUAL AVERAGE ---YIELD TO MATURITY--- PERCENT OF AVERAGE DAYS TO 360 365 INVESTMENTS BOOK VALUE PORTFOLIO TERM MATURITY EQUIVALENT EQUIVALENT Repurchase Agreements........................$ 3,950,000.00 7.78 1 0 5.500 5.576 Federal Agency Issues - Coupon...............S 4,838,145.12 9.53 1,826 1,144 5.845 5.926 Local Agency Investment Funds................S 39,999,779.08 78.76 1 1 5.705 5.784 Medium Term Notes............................$ 2,000,000.00 3.94 1,828 183 8.761 8.883 TOTAL INVESTMENTS and AVERAGFS...�...;�._.,.S - 501787:-924.2- 100.00t- . -247 _ 117 5.823V--. - _ 5.903t ( aasiiaiaatiiaasaCissessOi.s.s..s.m..>s.s.waay.sa.............................. b MON'11H ENDING. FISCAL FiSCr.L TOTAL EARNINGS OCTOBER 31 YEAR TO DATE YEAR ENDING C:rrent Year S 253,133.97 S 253,133.97 j AVERAGE DAILY BALANCE S 50,326,982.32 S 50,126,982.32 EFFECTIVE RATE OF RETLP-lq 5.92% 5.92t Csrrent Budget S 275.000.00 S 275,000.00 S 3,300,000.00 4 I certify that this report accurately reflects all City and Redevelopment Agency rA7; CIA L2<-.LACE pooled investments and is in conformity with all State laws and the investment S=N-CR DEPUTY CITY TREASURER policy statement filed with the City Council on Oct. i6,1995. A copy of this C policy is available at the office of the City Clerk. The investment program herein shown provides sufficient cash flow liquidity to meet next conth's =A== estimated expenditures. i S i r - 1 11/29/1995 CITY OF HUNTINGTON BEACH PM - 2 INVESTMENT PORTFOLIO DETAILS - INVESTMENTS CITY OCTOBER 31, 1995 ACCRUAL INVESTMENT AVERAGE PURCHASE STATED --- YTM --- MATURITY DAYS NUMBER ISSUER BALANCE DATE BOOK VALUE FACE VALUE MARKET VALUE RATE 360 365 DATE TO MAT ---------------------------------------------------------------------------------------------------------------------------------- REPURCHASE AGREEMENTS 96-021 Sanwa Bank - Los Angeles 10/31/95 3,950,000.00 3,950,000.00 3,950,000.00 5.500 5.500 5.576 11/01/95 0 AVERAGES 5,707,258.06 FEDERAL AGENCY.ISSUES - COUPON -- 2736A A. W.--Dougherty Co. 04/20/94 197,368.42 197,368.42 197,368.42 6.B35 6.741 6.835 04/20/99 11266 2734---- edeze3-dome-Loan Bank - --98/26/9} ;; ;�4= b0O�O0O:OO-�--3,tS0,4O -5_=7 5.180 08/26/98 1,029` 2735 Federal Home Loan. Bank 11/18/93 1,000,000..00 1,000,000.00 920,000.00 5.300 5.227 5.300 11/18/98 1,113 2737A Federal Home Loan Bank 04/14/94 640,776.70 640,776.70 640,776.70 6.780 6.687. 6.780 04/14/99 1,260 2739 Tennessee Valley Authority 05/31/94 1,000,000.00 1,000,000.00 1,000,OOO.C3 7.318 7.218 7.318 OS/31/99 1,307 ----------------- -------------- -------------- -------------- ------ ------ ------ SUBTOTALS and AVERAGES 5,BO3,303.29 4,838,145.12 4,608,145.12 4,836,145.12 5.845 5.926 1,144 LOCAL- AGENCY INVESTM�_NT FUNDS 982 Laif City 20,000,000.00 20,000,000.00 20,000,000.00 5.784 5.705 5.784 1 2206 LAIF-Redevelopment Agency 19,999,779.08 19,999,779.08 19,999,779.09 5.784 5.705 5.784 1 2703 Orange County Invest Pool - 0.00 0.00 0.00 0.001 0.001 0.001 1 2703-A Orange County invest Pool - 0.03 0.00 0.00 0.001 0.001 0.001 1 ----------------- -------------- -------------- -------------- ------ ------ ------ SLISTOTALS and AVERAGES 36,816,420.98 39,999,779.08 39,999,779.08 39,999,779.08 5.705 5.764 1 MEDIUM TL..it'.M NOTES: 2721 Ford Motor Credit Corp. CS/01/91 2,000,000.00 2,000,000.00 2,010,000.00 8.875 8.761 8.883, OS/02/96 183 AVERAGES 2,000,000.00 ----------------------------------------------------------------------------------------------------- TOTAL INVESTMENTS and AVG. $ 50,787,924.20 50,567,924.20 50,326,982.32 50,787,924.20 5.823% 5.9C3t 117 ......................................................................................................... a 11/291199S CITY OF HUNTINGTON BEACH PM - 3 - PORTFOLIO MASTER INVESTMENT ACTIVITY BY TYPE CITY OCTOBER 1, 1995 - OCTOBER 31, 1995 ACCRUAL STATED TRANSACTION PURCHASES SALES/MATURITIES TYPE INVESTMENT # ISSUER RATE DATE OR DEPOSITS OR WITHDRAWALS BALANCE ---------------------------------------------------------------------------------------------------------------------------------- REPURCHASE AGREEMENTS 95-249 Sanwa Bank - Los Angeles 4.875 10/02/1995 5,800,000.00 96-001 Sanwa Bank - Los Angeles 4.563 10/02/199S 5,775,000.00 10/03/1995 5,775,000.00 96-002 Sanwa Bank - Los Angeles 4.563 10/03/1995 5,700,000.00 10/04/1995 — 5,700,000.00 96-003 Sanwa Bark - Los Angeles 4.875 1O/04/199S 5,900,000.00 10/OS/1995 5,900,000.00 96-004 Sanwa Bank - Los Angeles 5.625 10/05/1995 24,900,O00.00 10/06/199.5 24,900,000.00 96-OOS Sanwa Bask - Las Angeles 5.375 i0/06/i995 5,700,003.00 i0/i0/1995 5,700,000.00 96-006 Sanwa Bank' - Los Angeles 5.375 10/10/i595 5,400,000.00 i0/i1/1995 5,400,000.00 96-007 Sanwa Bank - Los Angeles 5.375 io/ii/i995 5,500,000.00 10/12/1995 5,500,000.00 96-008 Sanwa Bark - Los Angeles 5.438 :0/12/1995 5,300,000.00 10/13/199S 5,300,000.00 96-009 Sanwa Bank - Los Angeles 5.375 10/13/1995 5,000,000.00 10/16/1995 5,000,000.00 96-0:0 Sanwa Bank - Los Angeles 5.375 10/16/1995 4,000,000.00 i0/i7/1995 4,000,000.00 96-Oii Sanwa Bank- Los Angeles 5.375 i0/17/1995 3,800,OOo.00 10/18/1995 3,800,000.00 96-012 Sanwa Bank - Los Angeles 5.375 i0/i8/1995 3,600,000.00 10/19/1995 3,600,000.00 96-0/3 Sanwa Bank - Los Angeles 5.375 10/19/1995 3,500,000.00 10/20/1995 3,500,000.00 96-014 Sanwa Ba:k - Los Angeles 5.375 :0/20/1995 4,600,000.00 10/23/1995 4,600,000.00 96-0:5 Sanwa Bark - Los Angeles 5.375 iO/23/1995 4,800.0000.00 10/24/1995 41800,000.00 96-Oi6 Sanwa Bark - Los Angeles 5.375 10/24/1995 6,300,000.00 io/25/i995 6,300,000.00 96-017 Sanwa Bank - Los Angeles 5.375 10/25/1995 6,000,000.00 10/26/i995 6,000,000.00 96-018 Sanwa Bark - Los Angeles 5.438 10/26/1995 6,300,000.00 i0/27/1995 6,300,000.00 96-0:9 Sanwa Bank - Los Angeles 5.375 io/27/i995 4,800,000.0O i0/30/:995 4,800,000.00 56-020 Sanwa Bank - Los Angeles 5.375 10/30/1995 4,400,000.00 10/3i/i995 4,400,000.00 96-021 Sanwa Banc - Los Angeles 5.500 i0/31/1995 3,950,000.00 and ENDING BALANCE 125,225,000.00 227,075,000.00 3,950,000.00 .J I - 11/29/199S CITY OF HUNTINGTON BEACH PM - 4 PORTFOLIO MASTER INVESTMENT ACTIVITY BY TYPE CITY OCTOBER 1, 1995 - OCTOBER 31, 1995 ACCRUAL STATED TRANSACTION PURCHASES SALES/MATURITIES TYPE INVESTMENT # ISSUER RATE DATE OR DEPOSITS OR WITHDRAWALS BALANCE ---------------------------------------------------------------------------------------------------------------------------------- FEDERAL AGENCY ISSUES - COUPON 2736 A. W. Dougherty Co. 6.835 10/20/199S 802,631.58 2737 Federal Home Loan Bank 6.780 10/14/1995 359,223.30 2740 Federal Home Loan Mort Corp 7.110 10/06/1995 2,000,000.00 SUBTOTALS and ENDING BALANCE _ -0.00 - 3,161,854.88 4,838,145.12 LOCAL AGENCY 7-JNDS (Mc,-.,-1y 5;.....,ary) 982 Lai: City 5.784 4,381,000.00 271,751.43 2206 LAIF-Redevelopment Agency 5.784 17,413,000.00 269,913.99 2703 Orange County Invest Pool -77% 0.001 2703-A Orange County .,-vest Pool -23% 0.001 SUBTOTALS and ENDING BALANCE 21,794,000.00 541,665.42 39,999,779.08 0 MED:UM TERM NOTES 2,000,000.00 ------------------------------------------------------------------------ TOTALS 147,019,000.00 130,778,520.30 50,787,924.20 ........................................................................ i i _ I 11/29/1995 PM S CITY OF HUNTINGTON BEACH CITY INVESTMENT ACTIVITY SUMMARY OCTOBER 1995 YIELD TO MATURITY MANAGED NUMBER OF NUMBER OF AVERAGE "NUMBER OF TOTAL 360 365 POOL SECURITIES SECURITIES AVERAGE DAYS TO END YEAR SECURITIES INVESTED EQUIV EQUIV RATE PURCHASED MATURED/SOLD TERM MATURITY ---------- October 95 11 50,787,924.20 5.823 5.903 5.784 21 24 247 117 ----------------------------------------------------------------------------------------------------- AVERAGES 11 $ 50,787,924.20 5.823% 5.903t 5.784t 21 24 247 ' 117 ................................................................................................... i I 11/29/1995 PM - 6 CITY OF HUNTING70N BEACH CITY DISTRIBUTION OF INVESTMENTS BY TYPE OCTOBER 1995 MONTH ------------------------------------------------ TYPES OF INVESTMENTS ------------------------------------------------ 7,%- Y"e.AR RPA SCD BAC COM CPI FAC FAD LA1 TRC TRD MTN NCH BCD MCI MD1 PA1 GN1 ------------------------------------------------------------------------------------------------------------------------------------ October 95 7.8 9.5 78.9 3.9 ---------------------------------------------------------------------------------------------------------------------- AVERAGES - - 7.8% 9.5% 78.6% 3.9t ...................................................................................................................... RPA - Repurc:.ase Agreements SCD - Certificates of Deposit BAC - Bankers Acceptances COM - Commercial Paper - Discount CPI - Commercial Paper - Interest Bearing FAC - Federal Agency Issues - Coupon FAD - Federal Agency Issues - Discount LA1 - Local Agency Investment Funds ..RC - Treasury Securities - Coupon M - Treasury Securities = Discount MTN - Variable CD's NCB - Negotiable CD's BCD - Certificates of Deposit - Bank MCI - Medium Term Notes .Sl - Miscellaneous Securities - Discount PAI - Mutual Funds / Passbook GN1 - Mortgage Backed Securities 11/29/1995 PM - 7 CITY OF HUNTINGTON BEACH CITY INTEREST EARNINGS SUMMARY OCPOBER 31, 1995 MONTH ENDING FISCAL OCTOBER 31. 1995 YEAR TO DATE CD/Coupon/Discount Investments: Interest Collected S 166,122.54 S 166,122.54 PLUS Accrued Interest at End of Period 87,212.37 87,212.37 LESS Accrued Interest at Beginning of Period ( 182,507.63) ( 182,507.63) ------------------ ------------------ Interest Earned during Period $ 70,827.28 70,827.28 .................. .................. ADJUSTED by Premiums and Discounts 0.00 0.00 ADJUSTED by Capital Gains or Losses 0.00 0.00 ------------------ ------------------ Earnings during Period 70,827.28 $ 70,827.28 .................. .................. Mortgage Backed Securities: - Interest Collected $ 0.00 S 0.00 PLUS Accrued Interest at End of --riod 646.25 646.25 LESS Accrued Interest at Beginning of Period ( 646.25) ( 646.25) ------------------ ------------------ Interest Earned during Period $ 0.00 0.00 .................. .................. ADJUSTED by Premiums and Discounts 0.00 0.00 ADJUM"D by Capital Gains or Losses 0.00 0.00 ------------------ ------------------ Earnings during Period 0.00 S 0.00 .................. Cash/Checking Accounts: -Interest Collected S 0.00 S 0.00 PLUS Accrued Interest at End of Period 607,352.01 607,352.01 LESS Accrued Interest at Beginning of Period ( 425,045.32) ( 425,045.32.) ------------------ ------------------ Interest Earned during Period 5 182,306.69 $ 192,306.69 .................. .................. TOTAL interest Earned c r_- ?e____ S 253,133.97 5 253,133.97 TOTAL ?;ustments from .__..._fs and Discounts 5 0.00 $ 0.00 TOTAL Capital Gains or Losses S 0.00 S 0.00 ------------------ ------------------ TCTAL Earnings during Period S 253,133.57 S 253,133.97 .................. .................. 06/19/1996 ``': -;. - PM - 7 CITY OF HUNTINGTON BEACH CITY DISTRIBUTION OF INVESTMENTS BY TYPE OCTOBER 1995 through APRIL 1996 MONTH, ------------------------------------------------ TYPES OF INVESTMENTS ------------------------------------------------ END YEAR RPA SCD BAC COM CPI FAC ' FAD LA1 TRC TRD MTN NCB BCD MCI MD1 PAI GN1 ------------m 95 7.8 9.5 78.8 3.9 November 95 5.1 9.8 81.1 4.1 December 95 18.4 3.3 8.1 66.9 3.3 January 96 8.0 3.5 1.8 8.6 71.1 7.1 February 96 7.2 7.1 14.0 59.2 12.5 March 96 7.0 10.8 16.2 53.2 12.8 April 96 13.3 6.4 21.3 47.7 11.3 ---------------------------------------------------------------------------------------------------------------------- AVERAGES 9.5% 4.4% 0.3t 12.5% 65.4% 7.9% RPA - Repurchase Agreements_ SCD - Certificates of Deposit BAC - Bankers Acceptances. COM - Commercial Paper - Discount CPI - Commercial Paper-- Interest Bearing FAC - Federal Agency Issues - Coupon FAD - Federal Agency Issues - Discount LA1 -.Local--Agency.-.Investment-Funds TRC - Treasury Securities - Coupon TRD - Treasury.Securities Discount MTN - Variable CD's NCB. - Negotiable CD's BCD - Certificates of Deposit - Bank MC1.,;_Medium Term Notes MD1 - Miscellaneous Securities - Discount PA1 - Mutual-Funds / Passbook GN1 - Mortgage Backed Securities 06/19/1996, PM - 6 CITY OF HUNTINGTON BEACH CITY INVESTMENT ACTIVITY SUMMARY OCTOBER 1995 through APRIL 1996 YIELD TO MATURITY MANAGED NUMBER OF NUMBER OF AVERAGE MONTH NUMBER OF TOTAL 360' 365 POOL SECURITIES SECURITIES AVERAGE DAYS TO END YEAR SECURITIES INVESTED EQUIV EQUIV RATE PURCHASED MATURED/SOLD TERM MATURITY ------------------------------------------------------------------------------------------------------------------- October 95 11 50,787,924.20 5.823 5.903 5.784 21 24 247 117 November 95 11 49,337,924.20 5.849 5.930 5.805 19 19 254 116 December 95 13 59,806,332.53 5.660 5.739 5.748 22 20 214 95 January 96 15 56,287,912.75 5.713 5.792 5.698 24 22 241 ill February 96 19 55,751,056.43 5.625 5.703 5.643 25 21 316 178 March 96 21 54,547,921.18 5.582 5.660 5.557 23 21 347 195 April 96 20 61,818,147.16 5.635 5.714 5.538 24 25 432 298 " --------------------------------------------------------------------------------------------------- AVERAGES 16 $ 55,476,745.49 5.698% 5.777% 5.682% 23 22 293 159 I � . i I 06/19/1996`�• CITY OF HUNTINGTON BEACH PM - 5 PORTFOLIO MASTER INVESTMENT ACTIVITY BY TYPE CITY APRIL 1, 1996 - APRIL 30, 1996 ACCRUAL STATED TRANSACTION PURCHASES SALES/MATURITIES TYPE INVESTMENT # ISSUER RATE DATE OR DEPOSITS OR WITHDRAWALS BALANCE ' ---------------------------------------------------------------------------------------------------------------------------------- 96-144 Sanwa Bank - Los Angeles 5.000 04/30/1996 8,200,000.00 SUBTOTALS and ENDING BALANCE 144,400,000.00 140,025,000.00 8,200,000.00 BANKERS ACCEPTANCES 2743 Bank of America 5.250 04/01/1996 987,312.50 **** 2749 Sanwa Bank - Los Angeles 5.200 04/30/1996 990,177.78 **** SUBTOTALS and ENDING BALANCE 0.00 1,977,490.28 3,933,537.23 FEDERAL AGENCY ISSUES - COUPON 2737A Federal Home Loan Bank 6.780 04/29/1996 640,776.70 2754 Federal Home Loan Bank 7.000 04/23/1996 3,000,000.00 2755 Federal Home Loan Bank 7.200 04/3-0/1996 2,000,000.00 SUBTOTALS and ENDING BALANCE 5,000,000.00 640,776.70 13,177,939.81 LOCAL AGENCY INVESTMENT FUNDS (Monthly Summary) 982 Laif City 5.538, 263,397.98 2206 LAIF-Redevelopment Agency 5.538 - 248,648.36 2703 Orange County Invest Pool. -77%, 0.001, 2703-A Orange County Invest Pool -23% 0.001 . SUBTOTALS and ENDING BALANCE , 512,046.34 0.00 29,511,825.42 MEDIUM TERM NOTES 6,994,844.70 ------------------------------------------------------------------------ TOTALS 149,912,046.34 142,643,266.98 61,818,147.16 Indicates incomplete recording of maturity redemption. v I 06/19/1996 CITY OF HUNTINGTON BEACH ' PM - 4 PORTFOLIO MASTER INVESTMENT ACTIVITY BY TYPE CITY APRIL 1, 1996 - APRIL 30, 1996 ACCRUAL STATED TRANSACTION PURCHASES SALES/MATURITIES TYPE INVESTMENT # ISSUER RATE DATE OR DEPOSITS OR WITHDRAWALS BALANCE ---------------------------------------------------------------------------------------------------------------------------------- REPURCHASE AGREEMENTS 96-122 Sanwa Bank - Los Angeles 5.125 04/01/1996 3,825,000.00 96-123 Sanwa Bank - Los Angeles 4.875 04/01/1996 3,000,000.00 04/02/1996 3,000,000.00 96-124 Sanwa Bank - Los Angeles 5.125 04/02/1996 3,500,000.00 04/03/1996 3,500,000.00 96-125 Sanwa Bank - Los Angeles 4.750 04/03/1996 4,000,000.00 04/04/1996 4,000,000.00 96-126 . Sanwa Bank - Los Angeles 5.000 04/04/1996 4,600,000.00 04/05/1996 4,600,000.00 96-127 Sanwa Bank - Los Angeles 4.750 04/05/1996 4,600,000.00 04/08/1996 4,600,000.00 96-128 Sanwa Bank - Los Angeles 4.750 04/08/1996 4,600,000.00 04/09/1996 4,600,000.00 96-129 Sanwa Bank - Los Angeles 4.875 04/09/1996 4,200,000.00 04/10/1996 4,200,000.00 96-130 Sanwa Bank - Los Angeles 4.875 04/10/1996 4,000,000.00 04/11/1996 4,000,000.00 96-131 Sanwa Bank - Los Angeles 4.750 04/11/1996 6,000,000.00 04/12/1996 6,000,000.00 96-132 Sanwa Bank - Los Angeles 4.875 04/12/1996 4,200,000.00 04/15/1996 4,200,000.00 96-133 Sanwa Bank - Los Angeles 5.000. 04/15/1996 - 3,800,000.00 04/16/1996 3,800,000.00 96-134 Sanwa Bank - Los Angeles 4.875 04/16/1996 5,100,000.00 04/17/1996 .5,100,000.00 96-135 Sanwa Bank - Los Angeles 4.875 04/17/1996 6,000,000.00 04/18/1996 6,000,000.00 96-136 Sanwa Bank - Los Angeles 5.000 04/18/1996 5,000,000.00 04/19/1996 5,000,000.00 96-137 Sanwa Bank - Los Angeles 4.900 04/19/1996 13,000,000.00 04/22/1996 13,000,000.00 96-138 Sanwa Bank - Los Angeles 5.000 04/22/1996 13,000,000.00 04/23/1996 13,000,000.00 96-139 Sanwa Bank - Los Angeles 5.000 04/23/1996 10,000,000.00 04/24/1996 10,000,000..00 96-140 Sanwa Bank - Los Angeles 5.125 04/24/1996 10,000,000.00 04/25/1996 10,000,000.00 96-141 Sanwa Bank - Los Angeles 5.000 04/25/1996 9,500,000.00 04/26/1996 9,500,000.00 96-142 Sanwa Bank - Los Angeles 5.000 04/26/1996 9,500,000.00 04/29/1996 9,500,000.00 96-143 Sanwa Bank - Los Angeles 4.875 04/29/1996 8,600,000.00 04/30/1996 8,600,000.00 t — i 06/19/1996, CITY OF HUNTINGTON BEACH PM - 3 INVESTMENT PORTFOLIO DETAILS - INVESTMENTS CITY APRIL 30, 1996 ACCRUAL INVESTMENT AVERAGE PURCHASE STATED --- YTM -- MATURITY DAYS NUMBER ISSUER BALANCE DATE BOOK VALUE FACE VALUE MARKET VALUE' RATE 360 365 DATE' TO MAT --------------------- ------------------------------------------------------------------------------------------------------------ ----------------------------------------------------------------------------------------------------- TOTAL INVESTMENTS and AVG. $ 61,818,147.16 61,641,261.04 57,546,775.87 61,909,193.84 5.635% 5.714% 298 i. �r- 06/19/1996, CITY OF HUNTINGTON BEACH PM - 2 INVESTMENT PORTFOLIO DETAILS - INVESTMENTS CITY APRIL 30, 1996 ACCRUAL INVESTMENT AVERAGE PURCHASE STATED --- YTM --- MATURITY DAYS NUMBER ISSUER BALANCE DATE BOOK VALUE FACE VALUE MARKET VALUE RATE 360 365 DATE TO MAT ---------------------------------------------------------------------------------------------------------------------------------- REPURCHASE AGREEMENTS 96-144 : Sanwa Bank - Los Angeles 04/30/96 8,200,000.00 8,200,000.00 8,200,000.00 5.000 5.000 5.069 05/01/96 0 AVERAGES 6,900,000.00 BANKERS ACCEPTANCES - 2742 Bank of America 12/18/95 975,835.00 1,000,000.00 995,972.50 5.370 5.503 5.579 05/28/96 27 2747 BANK OF TOKYO 02/22/96 987,313.33 1,000,000.00 997,260.83 5.190 5.257 5.330 05/20/96 19 2752 BANK OF TOKYO 03/18/96 1,970,388.90 2,000,000.00 1,983,417.78 5.330 5.410 5.485 06/26/96 56 ----------------- -------------- -------------- -------------- ------ ------ ------ SUBTOTALS and AVERAGES 4,890,709.08 3,933,537.23 3,976,651.11 4,000,000.00 5.395 5.470 40 FEDERAL AGENCY ISSUES - COUPON 2734 Federal Home Loan Bank 08/26/93 2,000,000.00 2,000,000.00 1,850,000.00 5.180 5.109 5.180 08/26/98 847 2735 Federal Home Loan Bank 11/18/93 1,000,000.00 1,000,000.00 920,000.00 5.300 5.227 5.300 11/18/98 931 2736A Federal Home Loan Bank 04/20/94 197,368.42 197,368.42 197,368.42 6.835 6.741 6.835 04/20/99 1,084 2754 Federal Home Loan Bank 04/23/96 3,000,000.00 3,000,000.00 3,000,000.00 7.000 6.904 7.000 04/23/01 1,818 2755- Federal Home Loan Bank 04/30/96 2,000,000.00 2,000,000.00 2,000,000.00 7.200 7.101 7.200 04/30/01 1,825 2751 Fed. Nat'l Mort. Assoc. 02/29/96 2,980,571.39 3,000,000.00 2,980,571.39 5.000 5.235 5.308 02/25/98 665 2753 Fed. Nat'l Mort. Assoc. 03/22/96 1,000,000.00 1,000,000.00 1,000,000.00 6.210 6.125 6.210 03/24/99 1,057 2739 Tennessee Valley Authority 05/31/94 1,000,000.00 1,000,000.00 1,000,000.00 7,318 7.218 7.318 05/31/99 1,125 ----------------- -------------- -------------- -------------- ------ ------ ------ SUBTOTALS and AVERAGES 9,642,241.10 13,177,939.81 12,947,939.81 13,197,368.42 6.119 6.204 1,222 LOCAL AGENCY INVESTMENT FUNDS 982 Laif City 16,263,397.98 .16,263,397.98 16,263,397.98 5.538 5.462 5.538 1 2206 LAIF-Redevelopment Agency 13,248,427.44 13,248,427.44 -13,248,427.44 5.538- 5.462 5.538 1 2703 Orange County Invest Pool - 0.00 0.00 0.00 0.001 0.001 0.001 1 2703-A Orange County Invest Pool - 0.00 0.00 0.00 0.001 0.001 0.001 1 ----------------- -------------- -------------- -------------- ------ ------ ------ SUBTOTALS and AVERAGES 29,119,256.56 29,511,825.42 29,511,825.42 29,511,825.42 5.462 5.538 1 MEDIUM TERM NOTES 2748 AT&T 02/22/96 2,000,208.75 2,000,000.00 2,000,208.75 5.350 5.340 5.414 08/12/97 468 2750 AT&T 02/26/96 999,673.72 1,000,000.00 999,673.72 5.410 5.427• 5.503 01/30/98 639 2721 Ford Motor Credit Corp. 05/01/91 2,000,000.00 2,000,000.00 2,010,000.00 8.875 8.761 8.883 05/02/96 1 2745 Gen Mtr Accept Corp 01/10/96 1,994,962.23 2,000,000.00 1,994,962.23 5.000 5.352 5.427 01/27/97 271 ----------------- -------------- -------------- -------------- ------ ------ ------ SUBTOTALS and AVERAGES 6,994,569.13 6,994,844.70 7,004,844.70 7,000,000.00 6.334 6.422 303 I 06/19/1996 CITY OF HUNTINGTON BEACH PM - 1 PORTFOLIO MASTER SUMMARY CITY APRIL 30, 1996 ACCRUAL AVERAGE ---YIELD TO MATURITY--- PERCENT OF AVERAGE DAYS TO 360 365 INVESTMENTS BOOK VALUE PORTFOLIO TERM MATURITY EQUIVALENT EQUIVALENT ------------------------------------------------------------------------------------------------------------------------------------ Repurchase Agreements........................$ 8,200,000.00 13.26 1 0 5.000 5.069 Bankers Acceptances...........................$ 3,933,537.23 6.36 112 40 5.395 5.470 Federal Agency Issues - Coupon...............$ 13,177,939.81 21.32 1,522 1,222 6.119 6.204 Local Agency Investment Funds................$ 29,511,825.42 47.74 1 1 5.462 5.538 Medium Term Notes............................$ 6,994,844.70 11.32 886 303 6.334 6.422 ------------------------------------------------------------------------------ TOTAL INVESTMENTS and AVERAGES.............$ 61,818,147.16 100.00% 432 298 5.635% 5.714% CASH Passbook/Checking Accounts...................$ 0.00 0.000 0.000 (not included in yield calculations) Accrued Interest at purchase.................$ 6,233.62 ---------------------------------------------------------------------------- TOTAL CASH and PURCHASE INTEREST.............$ 6,233,.62 TOTAL CASH and INVESTMENTS.................$ 61,824,380.78 MONTH ENDING FISCAL FISCAL TOTAL EARNINGS APRIL 30 YEAR TO DATE YEAR ENDING Current Year $ 286,558.51 $ 1,840,970.01 AVERAGE ,DAILY BALANCE $ 57,546,775.87 $ 54,255,246.81 EFFECTIVE RATE OF RETURN 6.06% 5.81%- Current Budget $ 275,000.00 $ 1,925,000.00 $ 3,300,000.00 I certify that this report accurately reflects all City and Redevelopment Agency DAN T. VILLELLA pooled investments and is in conformity with all State laws and the investment CITY TREAS R policy statement filed with the City Council on Oct. 16,1995. A copy of this (�J` Z� policy is available at the office of the City Clerk. The }nvestment program herein shown provides sufficient cash flow liquidity to meet next months DATE estimated expenditures. City of Huntington Beach Summary of Investment Portfolio Activity for April, 1996 Financial Information: Increase March April (Decrease) End of month City Portfolio Balance $54,547,922 $61,818,147 $7,270,225 Accrued Interest at Purchase $33,734 $6,224 ($27,510) Interest Earned for Month $256,348 $286,559 $30,211 Earned Interest Yield Average 5.66% 6.06% 0.40% Average Maturity ( in days) 195 298 103 End of Month-Market Value $54,371,673 $61,641,261 $7,269,588 End of month bank cash balance $1,847,905 $996,377 ($851,528) Comparison to Budget: Increase Budget Actual (Decrease) Interest Earned for Month $275,000 $286,559 $11,559 Interest Earned Year to Date $1,9251000 $1,840,970 ($84,030) Earned Interest Yield Year to Date 5.50% 5.81% 0.31% Transaction Summary: Increase March April (Decrease) Number of Securities Purchased 22 23 1 Number of Securities Matured/Sold 21 22 1 Percent of Available Funds Invested 97% 98% 1% Summary by Individual Investment: Days Int. April % of Total Policy Limit to Mat. Rate Repurchase Agreements $8,200,000 13.3% None 1 5.07% Bankers Acceptances $3,933,537 6.4% 25% 40 5.47% Federal Agency Issues $13,177,940 21.3% None 1222 6.20% Local Agency Inv. Fund (LAIF) $29,511,825 47.7% None, 1 5.54% Medium Term Notes $6,994,845 11.3% 20% 303 6.42% Total $61,818,147 100% •)6/1�/1986 PM - 8 CITY OF HUNTINGTON BEACH CITY INTEREST EARNINGS SUMMARY MARCH 31, 1996 MONTH ENDING FISCAL MARCH 31, 1996 YEAR TO DATE CD/Coupon/Discount Investments: Interest Collected $ 96,964.93 $ 485,197.98 PLUS Accrued,Interest.at End of Period 174,186.96 174,186.96 LESS Accrued Interest at Beginning of Period ( 164,742.16) ( 182,507.63) Interest Earned during Period $ 106,409.73 476,877.31 ADJUSTED by Premiums and Discounts 1,475.85 2,469.47 ADJUSTED by Capital Gains or Losses 0.00 0.00 ------------------ ------------------ Earnings during Period 107,885.58 $ 479,346.78' Mortgage Backed Securities: Interest Collected $ _ 0.00 $ 0.00 PLUS Accrued Interest at End of Period -11,849.30 -11,849.30 LESS Accrued Interest at Beginning of Period ( -11,849.30) ( -11,849.30) ------------------ ------------------ 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 Period 0.00 $ 0.00 Cash/Checking Accounts: Interest Collected $ 0.00 $ 563,018.38 PLUS Accrued Interest at End of Period 937,091.66 937,091.66 LESS Accrued Interest at Beginning of Period ( 788,628.95) ( 425,045.32) ------------------ ------------------ Interest Earned during Period $ 148,462.71 $ 1,075,064.72 TOTAL Interest Earned during Period $ 254,872.44 $ 1,551,942.03 TOTAL Ajustments from Premiu s and Discounts $ 1,475.85 $ 2,469.47 TOTAL Capital Gains or Losses $ 0.00 $ 0.00 ------------------ ------------------ TOTAL Earnings during Period $ 256,348.29 $ 1,554,411.50 I 06/19/199.6 PM - 7 CITY OF HUNTINGTON BEACH CITY DISTRIBUTION OF INVESTMENTS BY TYPE OCTOBER 1995 through MARCH 1996 MONTH ------------------------------- TYPES OF INVESTMENTS ------------------------------------------------ END YEAR RPA SCD BAC COM CPI FAC FAD LA1 TRC TRD MTN NCB BCD MCI MD1 PA1 GN1 ------------------------------------------------------------------------------------------------------------------------------------ Dctober 95 7.8 9.5 78.8 3.9 November 95 5.1 9.8 81.1 4.1 December 95 18.4 3.3 8.1 66.9 3.3 January 96 8.0 3.5 1.6 8.6 71.1 7.1 February 96 7.2 7.1 14.0 59.2 12.5 March 96 7.0 10.8 16.2 53.2 12.8 ---------------------------------------------------------------------------------------------------------------------- AVERAGES 8:9% 4.1% 0.3% 11.0% 66.4% - 7.3% RPA - Repurchase Agreements SCD - Certificates of Deposit BAC - Bankers Acceptances COM - Commercial Paper - Discount CPI _ Commercial Paper - Interest Bearing FAC - Federal Agency Issues - Coupon FAD - Federal Agency Issues - Disco nt LA1 - Local Agency Investment Funds TRC - Treasury Securities - Coupon TRD - Treasury Securities - Discount MTN - Variable CD's- NCB - Negotiable CD's BCD - Certificates of Deposit - Bar% MCI - Medium Term Notes MD1 - Miscellaneous Securities - Disccunt PA1 - Mutual Funds / Passbook. GN1 - Mortgage Backed Securities i 06/19/1996-,::. PM - 6' CITY OF HUNTINGTON BEACH CITY INVESTMENT ACTIVITY SUMMARY OCTOBER 1995 through MARCH 1996 YIELD TO MATURITY MANAGED NUMBER OF NUMBER OF AVERAGE MONTH NUMBER OF TOTAL 360 ' 365 POOL SECURITIES SECURITIES AVERAGE DAYS TO END YEAR SECURITIES INVESTED EQUIV EQUIV RATE PURCHASED MATURED/SOLD TERM MATURITY ------------------------------------------------------------------------------------------------------------------- October 95 11 50,787,924.20 5.823 5.903 5.784 21 24 247 117 November 95 11 49,337,924.20 5.849 5.930 5.805 19 19 254 116 December 95 13 59,806,332.53 5.660 5.739 5.748 22 20 214 95 January 96 15 56,267,912.75 5.713 5.792 5.698 24 22 241 111 February 96 19 55,751,056.43 5.625 5.703 5.643 25 21 316 178 March 96 21 54,547,921.18 5.582 5.660 5.557 23 21 347 195 --------------------------------------------------------------------------------------------------- AVERAGES 15 $ 54,419,645.22 5.708% 5.788% 5.706% 22 21 270 135 06/19/1996 CITY OF HUNTINGTON BEACH PM - 5 - PORTFOLIO MASTER INVESTMENT ACTIVITY BY TYPE CITY MARCH 1, 1996 - MARCH 31, 1996 ACCRUAL STATED TRANSACTION PURCHASES SALES/MATURITIES TYPE INVESTMENT # ISSUER RATE DATE OR DEPOSITS OR WITHDRAWALS BALANCE SUBTOTALS and ENDING BALANCE 44,075,000.00 44,250,000.00 3,825,000.00 BANKERS ACCEPTANCES 2752 BANK OF TOKYO 5.330 03/18/1996 1,970,388.90 5,911,027.51 FEDERAL AGENCY ISSUES - COUPON 2753 Fed. Nat'l Mort. Assoc. 6.210 03/22/1996 1,000,000.00 8,817,840.03 LOCAL- AGENCY INVESTMENT FUNDS (Monthly Summary) 982 Laif City 5.538 2,000,000.00 2206 LAIF-Redevelopment Agency 5.538 2,000,000.00 2703 Orange County Invest Pool -77% 0.001 2703-A Orange County Invest Pool -23% 0.001 SUBTOTALS and ENDING BALANCE 0.00 4,000,000.00 28,999,779.08 MEDI-"M TERM NOTES 6,994,274.56 ------------------------------------------------------------------------ TOTA S 47,045,388.90 48,250,000.00 54,547,921.16 1 06,119/1996_:`'` CITY OF HUNTZNGTON BEACH PM - 4 PORTFOLIO MASTER INVESTMENT ACTIVITY BY TYPE CITY MARCH 1, 1996 - MARCH 31, 1996 ACCRUAL STATED TRANSACTION PURCHASES SALES/MATURITIES TYPE - INVESTMENT # ISSUER RATE DATE OR DEPOSITS OR WITHDRAWALS BALANCE ---------------------------------------------------------------------------------------------------------------------------------- REPURCHASE AGREEMENTS 96-101 Sanwa Bank - Los Angeles 5.188 03/01/1996 4,000,000.00 96-102 Sanwa Bank - Los Angeles 5.000 03/01/1996 3,200,000.00 03/04/1996 3,200,000.00 96-103 Sanwa Bank - Los Angeles 4.875 03/04/1996 2,000,000.00 03/05/1996 2,000,000.00 96-104 Sanwa Bank - Los Angeles 5.000 03/05/1996 2,000,000.00 03/06/1996 2,000,000.00 96-105 Sanwa Bank - Los Angeles 4.750 03/06/1996 2,000,000.00 03/07/1996 2,000,000.00 96-106 Sanwa Bank - Los Angeles 4.750 03/07/1996 2,000,000.00 03/08/1996 2,000,000.00 96-107 Sanwa Bank - Los Angeles 5.000 03/08/1996 2,500,000.00 03/11/1996 2,500,000.00 96-108 Sanwa Bank - Los Angeles 5.063 03/11/1996 1,200,000.00 03/12/1996 1,200,000.00 96-109 Sanwa Bank - Los Angeles 4.750 03/12/1996 2,000,000.00 03/13/1996 2,000,000.00 96-110 Sanwa Bank - Los Angeles 5.000 03/13/1996 2,000,000.00 03/14/1996 2,000,000.00 96-111 Sanwa Bank - Los Angeles 5.000 03/14/1996 2,200,000.00 03/15/1996 2,200,000.00 96--112 Sanwa Bank - Los Angeles 5.000 03/15/1996 200,000.00 03/18/1996 200,000.00 96-113 Sanwa Bank - Los Angeles 5.000 03/18/1996 1,000,000.00 03/19/1996 1,000,000.00 96-114 Sanwa Bank - Los Angeles 5.063 03/19/1996 1,000,000.00 03/20/1996 1,000,000.00 96-115 Sanwa Bank - Los Angeles 4.750 03/20/1996 1,200,000.00 03/21/1996 1,200,000.00 96-116 Sanwa Bank - Los Angeles 5.000 03/21/1996 1,500,000.00 03/22/1996 1,500,000.00 96-117 Sanwa Bank - Los Angeles 4.750 03/22/1996 2,000,000.00 03/25/1996 2,000,000.00 96-118 Sanwa Bank, - Los Angeles 5.000 03/25/1996 2,300,000.00 03/26/1996 2,300,000,.00 96-119 Sanwa Bank - Los Angeles 4.500 03/26/1996 2,450,000.00 03/27/1996 2,450,000.00 96-120 Sanwa Bank - Los Angeles 5.000 03/27/1996 2,500,000.00 03/28/1996 2,500,000.00 96-121 Sanwa Bank - Los Angeles 4,875 03/28/1996 5,000,000.00 03/29/1996 5,000,000.00 96-122 Sanwa Bank - Los Angeles 5.125 03/29/1996 3,825,000.00 i 06%19/1996. ' CITY OF HUNTINGTON BEACH PM - 3 INVESTMENT PORTFOLIO DETAILS - INVESTMENTS CITY MARCH 31, 1996 ACCRUAL INVESTMENT AVERAGE PURCHASE STATED --- YTM -- MATURITY DAYS NUMBER ISSUER BALANCE DATE. BOOK VALUE FACE VALUE MARKET VALUE. RATE 360 365 DATE TO MAT TOTAL INVESTMENTS and AVG. $ 54,547,921.18 54,371,672.56 53,336,035.24 54,662,924.20 5.583% 5.660% 195 .a....................................................................................................... t t 06/19/199b; •„ CITY OF HUNTINGTON BEACH PM - 2 INVESTMENT PORTFOLIO DETAILS - INVESTMENTS CITY MARCH 31, 1996 ACCRUAL INVESTMENT AVERAGE PURCHASE STATED {--- YTM --- MATURITY DAYS NUMBER ISSUER BALANCE DATE BOOR VALUE FACE VALUE MARKET VALUE RATE- 360 365 DATE TO MAT ---------------------------------------------------------------------------------------------------------------------------------- REPURCHASE AGREEMENTS 96-122 Sanwa Bank - Los Angeles 03/29/96 3,825,000.00 3,825,000.00 3,825,000.00 5.125 5.125 5.196 04/01/96 0 AVERAGES 2,178,225.81 BANKERS ACCEPTANCES 2742 Bank of America 12/18/95 975,635.00 1,000,000.00 991,497.50 5.370 5.503 5.579 05/28/96 57 2743 Bank of America 01/05/96 987,312.50 1,000,000.00 1,000,000.00 5.250 5.317 5.391 04/01/96 0 2747 BANK OF TOKYO 02/22/96 987,313.33 1,000,000.00 992,935.83 5.190 5.257 5.330 05/20/96 49 2752 BANK OF TOKYO 03/18/96 1,970,388.90 2,000,000.00 1,974,534.45 5.330 5.410 5.485 06/26/96 86 2749 Sanwa Bank - Los Angeles 02/22/96 990,177.78 1,000,000.00 995,611.11 5.200 5.252 5.325 04/30/96 29 -------------- -------------- -------------- -------------- ------ ------ ------ SUBTOTALS and AVERAGES 4,830,491.66 5,911,027.51 5,954,778.89 6,000,000.00 5.356 5.432 51 FEDERAL AGENCY ISSUES - COUPON 2734 Federal Home Loan Bank 08/26/93 2,000,000.00 2,000,000.00 1,850,000.00 5.180 5.109 5.180 08/26/98 877 2735 Federal Home Loan Bank 11/18/93 1,000,000.00 1,000,000.00 920,000.00 5.300 5.227 5.300 11/18/98 961 2736A Federal Home Loan Bank 04/20/94 197,368.42 197,368.42_ 197,368.42 6.835 6.741 6.835 04/20/99 1,114 2737A Federal Home Loan Bank 04/14/94 640,776.70 640,776.70 640,776.70 6.780 6.687 6.780 04/14/99 1,108 2751 Fed. Nat'l Mort. Assoc. 02/29/96. 2,979,694.91 3,000,000.00 2,979,694.91 5.000 5.235 5.308 02/25/98 695 2753 Fed. Nat'l Mort. Assoc. 03/22/96 1,000,000.00 1,000,000.00 1,000,000.00 6.210 6.125 6.210 03/24/99 1,087 2739 Tennessee Valley Authority 05/31/94 1,000,000.00 1,000,000.00 1,000,000.00 7.318 7:218 7.318 05/31/99 1,155 ----------------- -------------- -------------- -------------- ------ ------ ------ SunTOTALS and AVERAGES 8,139,982.44 8,817,840.03 8,587,840.03 8,838,145.12 .5.671 5.749 902 LOCAL AGENCY INVESTI-=- FUNDS 982 Laif City 16,000,000.00 16,000,000.00 16,000,000.00 5.557 5.481 5.557 1 2206 LAIF-Redevelopment Agency 12,999,779.08 12,999,779.08 12,999,779.08 5.557 5.481 5.557 1 2703 Orange County Invest Pool - 0.00 0.00 0.00 0.001 0.001 0.001 1 2703-A Orange County Invest Pool - 0.00 0.00 0.00 0.001 0.001 0.001 1 ----------------- -------------- -------------- -------------- ------ - --- ------ SUBTOTALS and AVERAGES 31,193,327.47 28,999,779.08 28,999,779.08 28,999,779.08 5.481 5.557 1 M-EDI:.^4 TERM NOTES 2748 AT&T 02/22/96 2,000,222.34 2,000,000.00 2,000,222.34 5.350 5.340. 5.414 08/12/97 498 2750 AT&T 02/26/96 959,658.16 1,000,000.00 999,658.16 5.410 5.427 5.503 01/30/98 669 2721 Ford Motor Credit Corp. 05/01/91 2,000,000.00 2,000,000.00 2,010,000.00 8.875 8.761 8.883 05/02/96 31 2745 Gen Mtr Accept Corp 01/10/96 1,994,394.06 2,000,000.00 1,994,394.06 5.000 5.352 5.427 01/27/97 301 ----------------- -------------- -------------- -------------- ------ ------ ------ S:3TOTALS and AVERAGES 6,994,007.87 6,994,274.56 7,004,274.56 7,000,000.00 6.334 6.422 333 06/1511996; CITY OF HUNTINGTON BEACH PM - 1 PORTFOLIO MASTER SUMMARY CITY MARCH 31, 1996 ACCRUAL AVERAGE ---YIELD TO MATURITY--- PERCENT OF AVERAGE DAYS TO 360 365 INVESTMENTS BOOK VALUE PORTFOLIO TERM MATURITY EQUIVALENT EQUIVALENT Repurchase Agreements........................$ 3,625,000.00 7.01 3 0 5.125 5.196 Bankers Acceptances..........................$ 5,911,027.51 10.84 101 51 5.358 5.432 Federal Agency Issues - Coupon...............$ 8,817,840.03 16.17 1,372 902 5.671 5.749 Local Agency Investment Funds................$ 28,999,779.08 53.16 1 1 5.481 5.557 Medium Term Notes............................$ 6,994,274.56 12.82 866 333 6.334 6.422 ------------------------------------------------------------------------------ TOTAL INVESTMENTS and AVERAGES.............$ 54,547,921.18 100.00% 347 195 5.583% 5.660% '............................................................. .......... CASH Passbook/Checking Accounts...................$ 0.00 0.000 0.000 (not included in yield calculations) Accrued Interest at Purchase.................S 13,733.62 ---------------------------------------------------------------------------- TOTAL CASH and PURCHASE INTEREST.............$ 33,733.62 TOTAL CASH and INVESTMENTS.................$ 54,581,654.80 MONTH ENDING FISCAL FISCAL TOTAL EARNINGS MARCH 31 YEAR TO DATE YEAR ENDING Current Year $ 256,348.29 $ 1,554,411.50 AVERAGE DAILY BALANCE $ 53,336,035.24 S 53,715,651.88 EFFECTIVE RATE OF RETURN 5.66% 5.77% Current Budget S 275,000.00 $ 1,650,000.00 $ 3,300,000.00 I certify that this report accurately reflects all City and Redevelopment Agency ::,.AN T. VILLELLA pooled investments and is in conformity with all State laws and the investment CITY TREASURER policy statement filed with the City Council on Oct. 16,1995. A copy of this policy is available at the office of the City Clerk. The investment program herein shown provides sufficient cash flow liquidity to meet next month's -.ATE estimated expenditures. t / City of Huntington Beach Summary of Investment Portfolio Activity for March, 1996 Financial Information: Increase February March (Decrease) End of month City Portfolio Balance $55,751,262 $54,547,922 ($1,203,340) Accrued Interest at Purchase $33,734 $33,734 $0 Interest Earned for Month $256,836 $256,348 ($488) Earned Interest Yield Average 5.79% 5.66% -0.13% Average Maturity ( in days) 178 195 17 End of Month Market Value $55,552,776 $54,371,673 ($1,181,103) End of month bank cash balance $1,109,414 $1,847,905 $738,491 Comparison to Budget: - Increase Budget Actual (Decrease) Interest Earned for Month $275,000 $256,348 ($18,652) Interest Earned Year to Date $1,650,000 $1,554,412 ($95,588) Earned Interest Yield Year to Date 5.50% 5.77% 0.27% Transaction Summary: Increase February March (Decrease) Number of Securities Purchased 25 22 -3 Number of Securities Matured/Sold 21 21 0 Percent of Available Funds Invested 94% 97% 3% Summary by Individual Investment: Days Int. March % of Total Policy Limit to Mat. Rate Repurchase Agreements $3,825,000 7.0% None 1 5.20% Bankers Acceptances $5,911,028 10.8% 25% 51 5.43% Federal Agency Issues $8,817,840 16.2% None 902 5.75% Local Agency Inv. Fund (LAIF) $28,999,779 53.2% None 1 5.56% Medium Term Notes $6,994,275 12.8% 20% 333 6.42% Total $54,547,922 100% i I 55/26/1995 PM - 8 CITY OF P,:-INGTON BEACH CITY INTEREST EA-RNINGS SU"V.ARY FEBRUARY 29, 1996 MONTH ENDING FISCAL FEBRUARY 29, 1996 YEAR TO DATE CD/Coupon/Discount Investments: Interest Collected $ 109,817.26 $ 388,233.05 PLUS Accrued Interest at End of Period 164,742.16 164,742.16 LESS Accrued Interest at Beginning of Period ( 194,832.35) ( 182,507.63) --------- ------------------ Interest Earned during Period $ 79,727.07 370,467.58 ADJUSTED by Premiums and Discounts 595.90 993.62 F�JUSTED by Capital Gains or Losses 0.00 0.00 ------------------ ------------------ Earrings during Period 80,322.97 $ 371,461.20 Mortgage Backed Securities: Interest Collected $ 0.00 $ 0.00 PLUS Accrued Interest at End of Period -11,849.30 -11,849.30 LESS Accrued Interest at Beginning of Period ( -11,849.30) ( -11,849.30) ------------------ ------------------ 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 Period 0.00 $ 0.00 Cash/Checking Accounts: Interest Collected $ 0.00 $ 563,018.38 PLUS Accrued Interest at End of Period 788,628.95 788,628.95 LESS Accrued Interest at Beginning of Period ( 615,904.25) ( 425,045.32) ------------------ ------------------ Interest Earned during Period $ 172,724.70 5 926,602.01 TOTAL Interest Earned during Period $ 252,451.77 $ 1,297,069.59 TOTAL Ajustments from Premiums and Discounts $ 595.90 $ 993.62 TOTAL Capital Gains or Losses $ 0.00 $ 0.00 ----------------- ------------------ TOTAL Earnings during Period $ 253,047.67 $ 1,298,063.21 _ I 05/26/1995 PM - 7 CITY OF HUNTINGTON BEACH CITY DISTRIBUTION OF INVESTMENTS BY TYPE OCTOBER 1995 through FEBRUARY 1996 MONTH ------------------------------------------------ TYPES OF INVESTMENTS ------------------------------------------------ END YEAR RPA SCD BAC COM CPI FAC FAD LA1 TRC TRD MTN NCB BCD MCI MD1 PAI GN1 ------------------------------------------------------------------------------------------------------------------------------------ October 95 7.8 9.5 78.8 3.9 November 95 5.1 9.8 81.1 4.1 December 95 18.4 3.3 8.1 66.9 3.3 January 95 8.0 3.5 1.8 8.6 71.1 7.1 February 96 7.2 7.1 14.0 59.2 12.5 ---------------------------------------------------------------------------------------------------------------------- AVERAGES 9.3% 2.8% 0.4% 10.0% 71.4% 6.2% RPA - Repurchase Agreements SCD - Certificates of Deposit BAC - Bankers Acceptances COM - Commercial Paper - Discount CPI - Commercial.Paper - Interest Bearing FAC - Federal Agency Issues - Coupon FAD - Federal Agency Issues - Discount LA1 - Local Agency Investment ands TRC - Treasury Securities - Coupon TRD - Treasury Securities - Discount MTN - Variable CD's NCB - Negotiable CD's BCD - Certificates of Deposit - .Bank MCI - Medium Term Notes MD1 - Miscellaneous Securities - Discount PA1 - Mutual Funds / Passbook GN1 - Mortgage Backed Securities r 06/26%1496 PM - 6 CITY OF HUNTINGTON BEACH CITY INVESTMENT ACTIVITY SUMMARY OCTOBER 1995 through FEBRUARY 1996 YIELD TO MATURITY MANAGED NUMBER OF f `3ER OF AVERAGE MONTH NUMBER OF TOTAL 360. 365 POOL SECURITIES SE 'RITIES AVERAGE DAYS TO END YEAR SECURITIES =`.'i_STED EQUIV EQUIV RATE PURCHASED MA7'RED/SOLD TERM MATURITY ------------------------------------------------------------------------------------------------------------------- October 95 11 50,7z-7,924.20 5.823 5.903 5.784 21 24 247 117 November 95 11 49,337,924.20 5.849 5.930 5.805 19 19 254 115 December 95 13 S9,BSS,332.53 5.660 5.739 5.748 22 20 214 95 January 96 15 56,287,912.75 5.713 5.792 5.698 24 22 241 111 February 96 19 55,751,C56.43 5.625 5.703 5.643 25 21 316 173 --------------------------------------------------------------------------------------------------- AVERAGES 14 $ 54,394,230.02 5.734!k 5.814% 5.736$ 22 21 254 123 OS/26/1996 CITY OF HUNT:NGTON BEACH PM - 5 PORTFOLIO MASTER INVESTMENT ACTIVITY BY TYPE CITY FEBRUARY 1, 1996 - FEBRUARY 29, 1996 ACCRUAL STATED TRANSACTION PURCHASES SALES/MATURITIES TYPE INVESTMENT # ISSUER RATE DATE OR DEPOSITS OR WITHDRAWALS BALA::CE ---------------------------------------------------------------------------------------------------------------------------------- BANKERS ACCEPTANCES 2747 BANK OF TOKYO 5.190 02/22/1996 987,313.33 2749 Sanwa Bank - Los Angeles 5.200 02/22/1996 990,177.78 SUBTOTALS and ENDING BALANCE 1,977,491.11 0.00 3,940,638.61 COMMERCIAL PAPER - DISCOUNT 2746 General Elec=ric 5.500 02/16/1996 993,583.33 **** SUBTOTALS and ENDING BALANCE 0.00 993,583.33 0.00 FEDERAL AGENCY ISSUES - COUPON 2751 Fed. Nat'l Mort. Assoc. 5.000 02/29/1996 2,978,760.00 7,816,934.34 LOCAL AGENCY INVESTMENT FUNDS (Monthly Summary) 982 Laif City 5.538 2,000,000.00 2206 LAIF-Redevelooment Agency 5.538 5,000,000.00 2703 Orange County Invest Pool -77% 0.001 2703-A Orange County Invest Pool -23k 0.001 SUBTOTALS and ENDING BALANCE 0.00 7,000,000.00 32,999,779.08 MEDIUM TERM NOTES 2748 AT&T 5.350 02/22/1996 2,000,240.00 2750 AT&T 5.410 02/26/1996 999,640.00 SUBTOTALS and ENDING BALANCE 2,999,880.00 0.00 6,993,704.40 ------------------------------------------------------------------------ TOTALS 80,106,131.11 80,643,583.33 55,751,056.43 Indicates incomplete recording of maturity redemption. 1 ' 06/26/1996 CITY OF HUNTINGTON BEACH PM - 4 PORTFOLIO MASTER INVESTMENT ACTIVITY BY TYPE CITY FEBRUARY 1, 1996 - FEBRUARY 29, 1996 ACCRUAL STATED TRANSACTION PURCHASES SALES/MATURITIES TYPE INVESTMENT # ISSUER RATE DATE OR DEPOSITS OR WITHDRAWALS BALANCE ---------------------------------------------------------------------------------------------------------------------------------- REPURCHASE AGREEMENTS 96-031 Sanwa Bank - Los Angeles 5.375 02/01/1996 4,500,000.00 96-082 Sanwa Bank - Los Angeles 5.000 02/01/1996 3,700,000.00 02/02/1996 3,700,000.00 96-083 Sanwa Bank - Los Angeles 4.875 02/02/1996 3,500,000.00 02/05/1996 3,500,000.00 96-084 Sanwa Bank - Los Angeles 5.000 02/05/1996 250,000.00 02/06/1996 250,000.00 96-085 Sanwa Bank - Los Angeles 4.875 02/06/1996 1,200,000.00 02/07/1996 1,200,000.00 96-086 Sanwa Bank - Los Angeles 4.938 02/07/1996 1,100,000.00 02/08/1996 1,100,000.00 96-087 Sanwa Bank - Los Angeles 4.875 02/08/1996 3,000,000.00 02/09/1996 3,000,000.00 96-088 Sanwa Bank - Los Angeles 5.000 02/09/1996 2,500,000.00 02/12/1996 2,500,000.00 96-089 Sanwa Bank - Los Angeles 4.875 02/12/1996 4,000,000.00 02/13/1996 4,000,000.00 96-090 Sanwa Bank - Los Angeles 5.000 02/13/1996 2,100,000.00 02/14/1996 2,100,000.00 96-091 Sanwa Bank - Los Angeles 5.000 02/14/1996 4,300,000.00 02/15/1996 4,300,000.00 96-092 Sanwa Bank - Los Angeles 4.875 02/15/1996 5,000,000.00 02/16/1996 5,000,000.00 96-093 Sanwa Bank - Los Angeles 5.000 02/16/1996 4,500,000.00 02/20/1996 4,500,000.00 96-094 Sanwa Bank - Los Angeles 5.000 02/20/1996 3,200,000.00 02/21/1996 3,200,000.00 96-095 Sanwa Bank - Los Angeles 4.875 02/21/1996 5,000,000.00 02/22/1996 5,000,000.00 96-096 Sanwa Bank - Los Angeles 5.000 02/22/1996 5,000,000.00 02/23/1996 5,000,000.00 96-097 Sanwa Bank - Los Angeles 4.750 02/23/1996 5,800,000.00 02/26/1996 5,800,000.00 96-098 Sanwa Bank - Los Angeles 4.875 02/26/1996 4,900,000.00 02/27/1996 4,900,000.00 96-099 Sanwa Bank - Los A.-igeles 4.813 02/27/1996 4,800,000.00 02/28/1996 4,800,000.00 96-100 Sanwa Bank - Los Angeles 4.875 02/28/1996 4,300,000.00 02/29/1996 4,300,000.00 96-101 Sanwa Bank - Los Angeles 5.188 02/29/1996 4,000,000.00 SUBTOTALS and ENDING BALANCE 72,150,000.00 72,650,000.00 4,000,000.00 . 06/26/1996 CITY OF HUNTINGTON BEACH PM - 3 INVESTMENT PORTFOLIO CETAILS - INVESTMENTS CITY FEBRUARY 29, 1996 ACCRUAL INVESTMENT AVERAGE PURCHASE STATED --- YTM --- MATURITY :AYS NUMBER ISSUER BALANCE DATE BOOK VALUE FACE VALUE MARKET VALUE RATE 360 365 DATE :; `^AT ---------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------- TOTAL INVESTMENTS and AVG. $ 55,751,056.43 55,552,570.32 55,206,784.40 55,837,924.20 5.625% 5.703% 178 i 06/25/.995 CITY OF HUNTINGTON BEACH PM - 2 INVESTMENT PORTFOLIO DETAILS - iN✓ESTMENTS CITY FEBRUA.RY 29, 1995 ACCRUAL INVESTMENT AVERAGE PURCHASE STATED --- YTM --- MATURITY DAYS NUMBER ISSUER BALANCE DATE BOOK VALUE FACE VALUE MARKET VALUE RATE 360 365 DATE TO MAT ---------------------------------------------------------------------------------------------------------------------------------- REPURC:-iASE AGREEMENTS 96-101 Sanwa Bank - Los Angeles 02/29/96 4,000,000.00 4,000,000.00 4,000,000.00 5.188 5.187 5.260 03/01/96 0 AVERAGES 3,767,241.38 BANKERS ACCEPTANCES 2742 Bank of America 12/18/95 975,835.00 1,000,000.00 985,873.33 5.370 5.503 5.579 05/28/96 88 2743 Bank of America 01/05/96 987,312.50 1,000,000.00 995,479.17 5.250 5.317 5.391 04/01/96 31 2747 BANK OF TOKYO 02/22/96 987,313.33 1,000,000.00 988,465.66 5.190 5.257 5.330 05/20/96 80 2749 Sanwa Bank - Los Angeles 02/22/96 990,177.78 1,000,000.00 991,333.34 5.200 5.252 5.325 04/30/96 60 ----------------- -------------- -------------- -------------- ------ ------ ------ SUBTOTALS and AVERAGES 2,508,662.29 3,940,638.61 3,962,152.50 4,000,000.00 5.332 5.406 65 COMMERCIAL PAPER - DISCOUNT AVERAGES 513,922.41 FEDERAL AGENCY ISSUES - COUPON 2734 Federal Home Loan Bank 08/26/93 2,000,000,00 2,000,000.00 1,850,000.00 5.180 5.109 5.180 08/26/98 908 2735 Federal Home Loan Bank 11/13/93 1,000,000.00 1,000,000.00 920,000.00 5.300 5.227 5.300 11/18/98 992 2736A Federal Home Loan Banc 04/20/94 197,368.42 197,368.42 197,368.42 6.835 6.741 6.835 04/20/99 1,145 2737A Federal Home Loan Bank 04/14/94 640,776.70 640,776.70 640,776.70 6.780 6.687 6.780 04/14/99 1,139 2751 Fed. Nat'l Mort. Assoc. 02/29/96 2,978,789.22 3,000,000.00 2,978,789.22 5.000 5.235 5.308 02/25/98 726 2739 Tennessee Valley Authority 05/31/94 1,000,000.00 1,000,000.00 1,000,000.00 7.318 7.218 7.318 05/31/99 1,186 ----------------- -------------- -------------- -------------- ------ ------ ------ SUBTOTALS and AVERAGES 4,940,861.99 7,816,934.34 7,586,934.34 7,838,145.12 5.612 5.690 910 LOCAL AGENCY INVESTMENT FUNDS 982 Laif City 18,000,000.00 18,000.,000.00 18,000,000.00 5.643 5.566 5.643 1 2206 LAIF-Redevelopment Agency 14,999,779.08 14,999,779.08 14,999,779.08 5.643 5.566 5.643 1 2703 Orange County Invest Pool - 0.00 0.00 0.00 0.001 0.001 0.001 1 2703-A Orange County Invest Pool - 0.00 0.00 0.00 0.001 0.001 0.001 1 ----------------- -------------- -------------- -------------- -=---- ------ ------ SUBTOTALS and AVERAGES 38,792,882.53 32,999,779.08 32,999,779.08 32,999,779.08 5.566 5.643 1 MEDIUM TERM NOTES 2748 AT&T 02/22/96 2,000,235.92 2,000,000.00 2,000,235.92 5.350 5.340 5.414 08/12/97 529 2750 AT&T 02/26/96 999,642.59 1,000,000.00 999,642.59 5.410 .5.427 5.503 01/30/98 700 2721 Ford Motor Credit Corp. 05/01/91 2,000,000.00 2,000,000.00 2,010,000.00 8.875 8.761 8.883 05/02/96 62 2745 Gen Mtr Accept Corp 01/10/96 1,993,825.89 2,000,000.00 1,993,825.89 5.000 5.352 5.427 01/27/97 332 ----------------- -------------- -------------- -------------- ------ ------ ------ SUBTOTALS and AVERAGES 4,683,213.80 6,993,704.40 7,003,704.40 7,000,000.00 6.334 6.422 364 b6/26/1996 CITY OF HUNTINGTON BEACH PM - 1 PORTFOLIO MASTER SUMMARY CITY FEBRUARY 29, 1996 ACCRUAL AVERAGE ---YIELD TO MATURITY--- PERCENT OF A',7RAGE DAYS TO 350 365 ItQVES^4E 1TS BOOK VALUE PORTFOLIO TERM 'G=..TUR1TY EQUIVALENT EQUIVALENT ------------------------------------------------------------------------------------------------------------------------------------ Repurchase Agreements.. .. ............ ... .....$ 4,000,000.00 7.17 1 0 5.187 5.260 Bankers Acceotances..... .... .......... .......$ 3,940,638.61 7.07 101 55 5.332 5.406 Federal Agency Issues - Coupon...............$ 7,816,934.34 14.02 1,407 910 5.612 5.690 Local Agency investment Funds................$ 32,999,779.08 59.19 1 1 5.566 5.643 Medium Term Notes...................... ......$ 6,993,704.40 12.54 886 364 5.334 6.422 ------------------------------------------------------------------------------ TOT.AL INVESTv*'NTS and AVERAGES.............$ 55,751,056.43 100.00% 316 178 5.625% 5.703t CASH Passbook/Checking Acco,-nts......... ..........$ 0.00 0.000 0.000 (not included in yield calculations) Accrued Interest at Purchase.................$ 33,733.62 ---------------------------------------------------------------------------- TOTAL CASH and PURCHASE INTEREST... ..........$ 33,733.62 TOTAL CASH and INVES2vS—N`TS.................$ 55,784,790.05 MONTH ENDING FISCAL FISCAL TOTAL EARNINGS FEBRUARY 29 YEAR TO DATE YEAR ENDING Current Year $ 253,047.67 $ 1,298,053.21 AVERAGE DAILY BALANCE $ 55,206,784.40 $ 53,793,C73.70 EFFECTIVE RATE OF RETU.:LN 5.77% 3.79% Current Budget $ 275,000.00 $ 1,375,0C3,00 $ 3,300,000.00 I certify that this report accurately reflects all City and Redevelopment Agency DAN T. VILLELLA pooled investments and is in conformity with all State laws and the investment CITY TREASURER policy statement filed with the City Council on Oct. 16,1995. A copy of this 01, policy is available at the office of the City Clerk. The investment program �6 herein shown provides sufficient cash flow lic.:'-dity to meet next month's DATE estimated expenditures. r� z ' MMARY OF INVESTMENT POR JLIO ACTIVITY FOR FEBRUARY, 1996 The following is a summary of investment transactions for the month of February, 1996: End of period City Portfolio Balance $55,751,262.56 Interest Received for Period 256,836.32 Earned Interest Yield Average 5.740% Average Maturity 178 days During the month of February, the city's portfolio decreased from $56,287,912.75 to $55,784,996.18, for a difference of$502,916.57. The yield on the Treasurer's portfolio decreased from 5.792%, January's ending rate, to 5.740%, February's ending rate Interest Received Total current month $ 256,836.32 Total year to date $1,306,701.66 Transaction Summary Value Number of securities purchased 25 $80,106,131.11 Number of securities matured/sold 21 $80,643,583.33 Percent of Available Funds Invested 94% Summary of Changes in Investment Portfolio February, 1996 Beginning of + OR - End of Month Percent Policy% Month This Month of Portfolio Allowable Repurchase $4,500,000.00 <$500,000.00> $4,000,000.00 7.17% N/A Agreements Bankers $1,963,147.50 <$1,977,491.11> $3,940,638.61 7.07% 25% Acceptances Federal Agency $4,838,145.12 - 0 - $4,838.145.12 8.68% N/A Issues Commercial $993,583.33 <$993,583.33> - 0 - - 0 - 15% Paper Local Agency $39,999,779.08 <$7,000,000.00> $32,999,779.08 59.19% N/A Investment Fund Medium Term $3,993,257.72 $5,979,442.03 $9,972,699.75 17.89% 20% Notes TOTALS $56,287,912.75 $55,751,262.56 100.00% I certify that this report accurately reflects all City and Redevelopment Agency pooled investments and is in conformity with all State laws and the City of Huntington Beach Investment Policy statement adopted by the City Council on October 16, 1995. The investment program herein shown provides sufficient cash flow liquidity to meet next month's estimated expenditures. - --- III 27/199f PM - 7 CITY OF HSJATINGTON BEACH CITY .: IN-.EREST EARS:NGS SUMMARY JANUARY 3:. 1996 Y.mNTH ENDING FISCAL :Kv,„nY •1, 1996 YEAR TO DATE CD/Coupon/Discount,:nvestments? $ 36165.46 ' 'S 276415.79' Ir.:eres: Ccl_ected , , ... .. . ._. , . _ _ 'r:::-z Accrued Interest at End c: Period 194,632.35 154,832.35 .=SS Accrued Interest at Beciriinc Of Period ( 145.361.74) ( :E2,507.63) -- ------------ - ------------------ Interest Earned during Period S 67,61.6.09 290,740.51 A JST=D by Pre-furs and Discounts 357.72 397.72 F=...'ED by Capital Gains r_ Losses C.CD 0.00 Ear^_ c` _..__ _ Period 66.D13.E1 i5I,13E:23 .................. .................. w:r:cace Backed Securities: :-:_rest Cc::e::ed S 0.00 S C.CO .+_.rjed :-»erect at End of -PE__o.. - --_ A _ -_rest at Becinr.inq o: Perron _-:erect =a^.ed durine Period S 0.00 ay =re-__.._ and c.CD 0.00 *y Ca__:._ Gains or Losses C.CO - 0:00 Ear-- cs -___ne :_rood .................. .................. -_rest CC_-__t__ S 563,C_E S S --- r-______ :n:eres_ a: _n_ c_ Period 620,754..'S E2D,-54.C5 -'-- "^--_- -seer___ at ^--=•-^.c C`_ 're^_c5 ( 5EE.0E?.i01 ! 425,045.32) ------------------ ----- ------------ :n:er__: Lanier - =_-io S 19b.-ICE. S 75E,i27.1i .................. .................. - -ar..__ dire r_ricd 467.62 _r_-. .'r_-.__n_ and _:scm;nr s S 35'.-i S 357.72 ------------------ ----- ------------ __r— Lar-:res = -= S 2Ec,72i.c: 5 45.EE5.P4 �( J 11 1 CITY OF..HUNTINGTON BEACH^ CITY DISTRIB=ION OF INVESTMENTS BY TYPE OC-TOBER 1995 through JANUARY 1996 ----- TYPES OF INVESTMENTS ---------•-------------------------------------- END YEAR RPA SCD BAC CD!+. FAC FAD LA1 TRC TRD MTN NCB BCD MCI NL1 PA1 GIN ------------------------------------------------------------------------------------------------------------------------------------ - October 95 7.8 November 95 5.1 5.E 61.1 4.1 December 95 1B.4 3.3 E.i .v. 66.5 3.3 .anuary 96 E.0 3.5. E.6 71.I 7.1-_ ---------------------------------------------------------------------------------------------------------------------- ZVEnA tS 9.E4 1.7} 5.CE 74.4# 4.64 ...................................................................................................................... Rr'A - Repurchase Acreements SCD - Certificates o: Depc_c: BAC - Barkers Acceptances CON. - Commercial Paper - __- _ . C=I - CoT.Mercial 'raper _n:eres: _eer_ ; - FAC - Federal Agency Issues - .c::ncr. FAD - Federal Acencv _ss--es - disc: _ i - Local Agency Investment :.:nds inC - .-reasury Securities-! Co1:7cn _ :,J - Treasury Se ecri t-i es'..� -_sccc-t - D^N - Var_pble CD'- .,.,. N - Negotiable CD's B C - Certificates c` Depcs:: - cz=. N.C_ - Medium Term Notes !i=1 - Miscellaneous Sew__ties P=Ids / Pzssbock. GNl - Mcrtcace Backed Securities I 2/27/i996 ' PM - 5 CITY OF HUNTINGTON BEACH CITY IA'VESTMENT ACTIVITY SUMMARY OCTOBER 1995 through JANUARY 1,996 YIELD TO MATURITY MANAGED NUMBER OF TJIx-=ER OF AVERAGE MOTIF. NUMBER OF TOTAL 360 365 POOL SECURITIES SEC'JRIT:ES AVERAGE DAYS TO END YEAR SE=J.1:7:ES nra.c.TED EQUIV EQUIv RATE PURCHASED N-=.,;RED/SOLD TERM MATURITY ------------------------------------------------------------------------------------------------------------------- October 95 it 50,767,924.20 5.623 5.903 5.764 21 24 247 117 November 95 it 49,337,924.20 5.649 5.930 5.605 19 i9 254 116 December 95 i3 59,E06,332.53 5.660 5.739 5.74E 22 20 214 95 Jaa ry 56 i5 56,2E7 5'2.75 5.713 5.752 5.696 24 22 241 i11 --------------------------------------------------------------------------------------------------- A\_n:GcS -: S 54, :S,C23.42 5.76it 5.641i 5.755� 22 2a 2--9 1_0 ................................................................................................... 0i/27/1996 CITY OF HUNTINGTON BEACH PM - 4 PORTFOLIO MASTER INVESTMENT ACTIVITY BY TYPE CITY JANUARY 1, 1996 - JANUARY 31, 1996 ACCRUAL STATED TRANSACTION PURCHASES SALES/MATURITIES TYPE :NALSTMMNT t! ISSUER RATE DATE OR DEPOSITS OR WITHDRAWALS BALANCE -------------------------------------------------------------------------------------.-------------------------------------------- BANKERS ACCEPTANCES 2741 Bank o: America 5.570 01/22/:996 992,573.33 •«• 2743 Bank o: America 5.250 C1/05/1996 987,312.50 SUBTCTALS and ENDING BALANCE 967,312.50 992,573.33 1,9E3,147.50 C.DW.ZRC:AL PAPER - DISCO:TT :746 Genera. E-ec:r:c 5.500 c:/05/1996 993,5E3.33 993,SE3.33 =D'tiAL A3ENCY :SSUZS - COUPON 4,E3E,:45.:2 :;X-nS 9E2 .'a-- city =.E9E 26E,E42.+' 266,642.47 220E A Redeve-ona-.,_ Acencv _.E9E i7E,_ _.91 276,375.9- 2 i Orance COt...:v :.^.Vest POc- -1 74 C.001 2iC3-A Orange Cc',i-.ty :nVest POOL -2:4 0.001- anal :A_=NC AI+XNCE 563,018.38 3c occ 779.0E +NC 2745 Gen Mt_ Ace Ccr- _.00C C:!:0/1ccE -,c52,EEC.Co :,99:,25i.i2 ------------------------------------------------------------------------ .--r_c :29,SE:,iit.2_ ___,C60,591.i1 56,2E-7,5:2.75 -- - ! dilates _ncO^_-ete record_ o ,.,a,_--ty reder. =cn. i 1 C2/27/1996.`,.rr CITY OF. RUNTINGTON BEACH PM - 3 -: PORTFOLIO MASTERINVESTMENT ACTIVITY BY TYPE C:TY ` " JANUARY 1, 1996r JANUARY,31, 2996 ACCnUAL S:A:ED TRANSACTION PURCHASES SALES/MATURITIES TYPE ,? INVESTMENT 8 ISSUER , ,- •: -.. RATE-. DATE. „ OR DEPOSITS _ OR WMMRAWALS BALANCE REPURCHASE AGREEYJhTS 96-060 Sanwa Bank - Los Angeles 5.000 01/02/1996 11.000.000.00 96-061 Sanwa Bank - Los Angeles 5.5DO 01/02/1996 3.11550,000.00 01/03/1996 ]1,550,000.00 96-062-- Sanwa Bank - Los Anceles 5.50D 01/03/1996, 11,3DD,000.00 " O1/04/1996 , 11,300,00D.00 z 96-063 Sanwa Bank - Los Anceles 5.S75 01/04/1996, - .01575,000.00 01/05/1996' 10,975,OCO.DO 96-064 Sanwa Bank - Los A:ce:es 5.000 - 01/05/i996 , 9,DD0,00o.DO Cl/0E/1996 6,OOD,000.DO 56-065 Sanwa Bark - Los ;=e:es 5.375 01/08/1996 7,2D0,000.OD 96-066 Sanwa BEAK - Los Anceles _.375 0:10911956 7,100,000.00 C1/10/1956 7,100,000.OD 56-067 Sanwa Bank - Los i=ceies 5.:25 Cl/1D,/1996 5,70D,000.00 /h/'996 v _. 5f-C•fa Sanwa Bank - -,Os A_ce:es 5 125 C1/11/1996. - 5,000,000.00 G1/12/1996 S 000,0OO.00 56-0E9 Sanwa Bak LOS AnceIes = 063 01/2.2/1956 5,000,000.00 - , . 96-07D - .. . Sanwa Bank Los-AS_eles _13 .11/16/1996 6,006,ODC.00 01/17/i596 6,00C,ODO.GC 5f-D71 Sanwa Bark - Los ;=nce:es 5.563 C1/'_7/1956 4,7DO.DOC.CO C1/'_6/i596 4,100,000.C'C 5E-C72 Sanwa BF-:-'K - :,cs A_ce:Es 5.__: Di/:E/1556 41000.000.CD C1/19/iccf .. 4,000.000. _ 56-11i3 Sanwa Ban? - Los F_cE,es . 0.:25 C1i19/199E DDG,ODO.GD 01/22/1596 3,CCD,OCC. 5E-C74 Sanwa Bank - :,Cs :-__:es 5.2 i/22/1956 2,600,000.G0 C1/23/1556 2,600,OGG.CC 56-075 Sanwa sank Los_rs_ :es 5.25D C:/v/1956 ECO,D00.C^, .,/24/:956 ',EGO.DG .CC cc_�i6 Sanwa =c.-. - -_ A_ce:es 5-:25 L1/24/1956 9.ODO,DOG.GC C1/25/i556 4,C0D,CDC:CC �c_C.77 Sanwa Bank - Lcs --e_es.-- =.-25 :/25/:95E 5,60D,DCG.CD 1/26/1556 c,6CD,000.C. Sanwa Ba - A.c__ _ c.:25 ::/26/1556 6.DDD.DCD.DC C-/25/195E 6,0CD,DCG.:: --C7- Sanwa Barr. - _-_ .__--es 5f CE0 Sanwa Barr - :.cS A_.ce_es 56-;E1 Sanwa :a-.. - AonztLes an 1 { 2/27/1556_ _. CI_TY OF HUA?INGTON BEACH'S PM _' 2,`.=-_.'- INVESTMENT PORTFOLIO DETAILS = INVESTMENTS CITY JANUARY 31, 1996 " " ACCRUAL :T-.t5:?E-NT AVERAGE PURCHASE STATED --- YTM --- MATURITY DAYS T'J! R ISS•J_n BALANCE DATE BOOK VALUE FACE VALUE MARKET VA::--- RATE` 360 365 ' DATE TO MAT --------------------------------------------------------------------------------------------------------------------------.--_-------- REPURC;:.SE AGREE!d3.:5 96-CE1 Sanwa Bank,-. :.Los Angeles 01/31/56 4,500,OD0.00 4,500,000.00 4.500,DCC.CD 5.375 5.375 5.450 02/01/96 0 AVERAGES 5,966.546.39 nAN'K=RS ACCEFTAN-"S 2742 bank o: America 12/18/95 975,635.D0 1.000,000.00 982,547.5: 5.370 5.503 5.579 05/28/96 117 2743 Bank o: America 01/05/96 967,312.50 S,DDO,DOD.OD 991,25C.DC 5.250 5.317 5.391 04/01/96 60 S=7C=A-c p.._. Av=FAGrS 2.506,:40.72 1.963,147.50 1.973,7 2,000,000.0D - 5:410 5.4E5 86 General =lec:r_c Cl/CS/56 593,SE3.=_ CCO,ODD.OD 997,7CE.-- :.500 5.536 5.612 02/l6/96 15 04/20/94 :97,36E.42 '57,368.42 197,3EE.42 . 6.635 6.741 6.6-5 04/20/99 1.:74 2734 ___ral rome L,.a- Bank 0E/2£/53 2.CCD.CDO-00 2,ODD,ODD.DO "' 1,ESD,C•C:.__ --:EO 5.2_09 S.1;0 06/26/58 S37 2i35 __,.__al -ome :Loan Bari ll/lE/53 1,0O0,CDO.00• 1,DOD.ODD.OD 52D,CC:.__ 5.300 5.227 5.300 11/16/56 1,C21 273iA =e9era: ome moan Sank 04/14/54 - 64C,776.70' 640,776.70 - 640,77£.7_ 6.7E0 6.6E7 6.780 04/14/55 _,IEE 2739 -_:_•essee Valley k.:--hcr::y CS/11/54 1,006.ODO.O0 1,000,000.00 1,000"::._: 7.-:E 7.218 7.31E 05/31/55 1,2:5 4,63E,145.12 5_.E4S 5.926 1,CS2 y 20.00C.000.D0 2C.DC•0,000.L0 20.000.C...__ E.ESE =.E20 5.65E _ 22:=_ Acency 1c c5c 775.D6 :c cce 7^e.DE le' oeo -- -__ -..ESE 5.620 5.65E 2..- ra'ce Cc ::v -:,__: :cc: - C.CO C.OD _ 0.ODl 0.001 O.00i 27:3-r Czar__ Cc•. .:v --.es: r__- - D.cC C.DO _._. C.0C1- O.001 0.00i 1 ----------------- -------------- -------------- -------------- ------ ------ ------ _- 35.5::.7'..DE _- cce 779•C6 =-.E20 5.65E i 2_ _r_ X:___ ..re:__ -- CS/Cl/9: 2,'uL ,CG:.LL 2,C0 ,0C 2,O1C, _..._ E.E75 E.7E1 E.EE- CS/C2/96 5_ Sen M:r .._:e�: _:/:L/56 55=,2�i.72 2,�C C,OCL.CC 1,953,2= -2 5.000- 5.=52 S.427 Ll/21/57 _a. ______________ ______________ ______________ ------ ______ ------ and A=n::'=5 _,4:4.44_. _,55:, _ - 2 4,DL•3,2:-.-2 C co,CCC.._ 7.CE9 7._S7 :26 ----------------------------------------------------------------------------------------------------- - -• ' -- - an! 5 S6,"<E7.5:2.75 SE,DE2.Ec . 5-7521 ......................................................................................................... i I 2/27/1996 CITY OF HUNTINGTON BEACH PM - 1 PORTFOLIO MASTER SUMMARY CITY JAN'JARY 31, :996 ACCRUAL AVERAGE ---YIELD TO MATURITY--- PERCENT OF AXTRAGE DAYS TO 360 3E5 INVESTMENTS BODY VAIXE PORTFOLIO TERM MATURITY EQUIVALENT EQUIVALENT ------------------------------------------------------------------------------------------------------------------------------------ Repurchase Agreements.. . .... ..... ... .... ... . .5 4,50C,00C.00 1.99 1 0 5.375 5,450 Bankers Acceptances... .. ... ......... ...... . ..5 9E3,147.50 3.49 124 BE 5.410 5.485 Commercial Paper - Disco•..rt.... ...... .. . ... ..S 993,5E3.33 1.77 42 15 5.536 5.612 Federal Agency Issues - Coupon..... ....... .. .5 4,E3E,145.12 8.60 1,E26 1,052 5.645 5.526 Local Agency Investment F�nds........ . . ... . ..g 3C Coc i7c.D6 71.06 1 1 5.620 5.E98 Medium Term Notes....... ............ ....... . .5 993,257.72 1.09 1,107 226 7.059 i.i57 ------------------------------------------------------------------------------ �TAh IN1_STP�NTS and AV=RAGZS... ...... ... .5 5E,2E7,912,75 :C0.00% 24i 1i1 5.7 23s 5.752% ................................_.......=a===............____-................ Ct SF _a_sbook/Check_nc Acco,,nts... ......... .... . ..5 0.CD 0.000 0.000 _nc__ded in y_el Accrued :_.terest ,.r_--ase............... . ................ . .5 ---------------------------------------------------------------------------- =AL C�r and PUnC_.SE I!T= ST. ......... .. .5 27,5111..00 ................=......._.......... •............._______.............. _O-P? Ctc_ and .. . .. . . . . . . ... . ..5 _A_ trrJ:INGS `t.?1 TC Dr`.T_ YEAR ET.NG C`.:_ren,. Year 5 2E3,i22.54 5 _,^•49,EE5.35 RA= Gr 5.E:4 ___rent :-Ccet 5 2 CC 5 CC,CCO.DC 5 = QC,GOC.CC - ��/� ! ' �� / ✓/"� • cEr:_`_V --a_ t..__ a,.C�_a:Ely ____EC_5 c__ ��.V and RECE�'E.Cam__.: I:CE.^.CY . .______r. pOC_EC -nve_=mEn.S and is _.. _,..»Crm_tV G'_t_ 0_1 State _aw5 a..., the _nvestmenz PC___- __at_-�_nt ___EC �'_th he C_:y CCL....__ C-: Oct. 1E,194=. A CCy:.v C. L.__ .^.C__CV is a.c__a___ cC _.._ C:__Ce C: t.._ 2_ - Cler.k. The in es--went z�rOCra.,. here__. ....c - ____c__nt Cas-_ __CK - _.-_.V tc meet next. m0..:: _ r SL_ -MARY OF INVESTMENT PORTS JO ACTIVITY FOR JANUARY, 1996 The following is a summary of investment transactions for the month of January, 1996: End of period City Portfolio Balance $56,287,912.75 Interest Received for Period 283,722.54 Earned Interest Yield Average. 5.792% Average Maturity 111 days During the month of January, the city's portfolio decreased from $59,806,332.53 to $56,287,912.75, for a difference of$3,518,419.77. The yield on the Treasurer's portfolio increased from 5.739%, December's ending rate, to 5.792%, January's ending rate. The city's General Account Bank Balance on January 31, 1996 was $2,827,568.51. Interest Received Total current month $ 283,722.54 Total year to date $1,049,865.34 Transaction SummM Value Number of securities purchased 22 _ $129,561,774.21 Number of securities matured/sold 21 $133,080,591.71 Percent of Available Funds Invested 94.98% Summary of Changes in Investment Portfolio January, 1996 Beginning of + OR - End of Month Percent Policy % Month This Month of Portfolio Allowable Repurchase $11,000,000.00 <$6,500,000.00> $4,500,000.00 7.99% N/A Agreements Bankers $1,968,408.33 <$5,260.83> $1,963,147.50 3.49% 25% Acceptances Federal Agency $4,838,145.12 - 0 - $4,838.145.12 8.60% N/A Issues Commercial - 0 - $993,583.33 $993,583.33 1.77% 15% Paper Local Agency S39,999,779.08 - 0 - $39,999,779.08 71.06% N/A Investment Fund Medium Term $2,000,000.00 $1,993,257.72 $3,993,257.72 ?.09% 20% Notes TOTALS $59,806,332.53 $56,287,912.75 100.00% I certify that this report accurately reflects all City and Redevelopment Agency pooled investments and is in conformity with all State laws and the City of Huntington Beach Investment Policy statement adopted by the City Council on October 16, 1995. The investment program herein shown provides sufficient cash flow liquidity to meet next month's estimated expenditures. 01/31/1996 ,�'i:. PM _ 7, C:.Y OF."It :ING,ON, $EACH C:.Y :MEREST, EARNINGS.SLTT'J+RY;� ;DECEMHER 31., 1995 MOh:H EbDING F:SCAL DECEYSER 31. 1995.-. ,. __, . .._. - 'SEAR TO DATE, ... ... - ., CD/Coupon/Discount Investments: -..... - Interest Collected S 31,5C5.74 S 240.250.31 PLUS Accrued interest at end of Period 145,381.74_' 145,381.74 LESS Accrued Interest at Beginning of Period ( 95,894.99) l 132,$07,53) Interest Earned during Period S 80,992.49 2^-3,124.42 ADT�S—E� by Premiums and Discounts - 0.00 .. 0.00 ADjuSTED by Capital Gains o _csses 0.00 0.00 ------ Earnings during.Per-oa ,.. 80.992.49.................. .................. Mor race Backed Securit-es:.— B iterest Collected _:..... S. 0.00 0.0C PLIIS Accrued interest at:End,of Period -11,649.30 _..., _ 1'_.849.30., LESS Accrued Interest at 3 :-c_-ng.of Period - - i -. -11,349,30) ( 849.30): --t_rest -arced during ___o_ S 0.00 0.00 P.D .= =D by Premiums and Discounts 0.00 0.00 by Ca?ital Gains cr _csses 0.00 O.CO ------------------ ------------------ Ear ings during Period 0.00 S 0.00 .................. .................. Cash/Checking Accounts: Interest Collected S 0.00 S D.D0 PLUS Accrued Interest at End of :eriod 954,660.29 :94,680.29 LESS Accrued Interest at Beater. of Period ( 797,532.88)- i 4:5,C45.32) ------------------ ------------------ -n_-rest Earned during ---:cd S /97,147.41 S 5:.,634.97 .................. .................. TOT,=.:, :merest Earned during .'eriod S 278,139.90 S 772,759.39 :0':AL l,ustments from P_-.,.:ums and Discounts S 0.00 S 0.00 .:Y:AL Capital Gains or Losses S 0.00 S 0.00 ------------------ ------------------ -, .AL Earnings during .__:od S 218,139.90 S 772,759.39 .................. .................. Pm .. _.6 CITY OF HIIh::::3:v` BC._r. CITY DISTRIBUTION OF By TYPE OCTOBER 1555 [h:c'_.: DEC= Ei 1993 > \-a --- ---- -------------------•- - '.Y-;ES CF :N%7ES7-=N7S , A SCD BAC COM CPI FAC* FAD LA- :nC :RD M:?I SC3 BCD MCl hL"1 PA1 GV: Oct e: 55 7.3 9.5 78.3 3.9 Sove- e. 55 5.11 9.8.._... 81-.: 4.1 .ec.___ IS, :5.4 3'.3 8.1<... 66.5 - 3.3 :4 9:14' -' i5.:4 - 3.8% ......................................s...................................................sass........................ _-__ - :nzere St Beal- - .-_ - -Federal Acency .sSL'es - ..ou-ocn. . . . . .. ._ -____a_ AC_.-cf :Ss:.es - D_scsunz -.-. _.- -via_ Acency ._.^Vest'_..[ -.--ds •.ess:-_^J Securities. --scct:^L_ ,ma's ...... . .... ... .N.- '�eC =--=''-e CD's C_^___cares __ - Dcsir - Bank . . ., M - Ve___= -e^n Notes- - �_ ___u_-._e5 -_SC...�.a_ --., - -.. P R_-'•_- �.^ems / :-__.,cc< w\_ nacke: Securities C2/31/1996 _. PM -Y Gr n'^ . .:SG-pS 3EACH' CITY aJcST."�E\: AC-:'l:-Y�5?L'�AAY - •-° OCTCEER i995 th:__gh DECE"'3ER 1555 Y:ELD -O MA-LTc:-Y MA.\AGED NLTSffiER OF NL', OF _... ... .. .. A'r E; GE.. _.. . .... MC�:4 NL'�ER OF -AL 360 365 POOL SECL,RITIES SE:t:T:2S AVMAGS DAYS TO E`. YEAR SECUR TES :WES-Ep EC :'J E^�liI'J RA-E PURCHASED Y.A:^ncD/SOLD TERT1 NA:v1ZIiY Cctober i5 11 _.,7.7,924.20 5.823 5.903 S.'784 21 24 247 117 _ 'Nc ember . 2: 4i..3i,924.20 5.845 5.930 5.805 19 :5 254 116_ . ._ . .. .. =ember 55 13 _5._:6',332.53 5.66C 5.735 5.748 22 20 2:4 95 r_RAGca 12 S - 26.33 5.777% ..257t S.7794 21 2: 238 :C9 ................................................................................................... 0•!31/1555 CITY OF E —:S;-CS BEACH PM 4 PORTFOLIO MASTER AC::V:TY BY TY?= CITY DECEMBER •1; :555 -CE'�=+� 31„-,-1995 ACCRUAL S':A-=? ION PURC-__:.ES SALES/MA cITI=S ;v._ INV_S:?��: # ISSUER RA-E DA-E OR DE?:5:.S CR WIT:RAWALS BALANCE BANK=RS ACCEP ANC=S 2741 Bank c: ;.-.erica 5.5;: :2/05/:995 992.573.33 Bank .t.--- B c` .a 5._;: :2/19/ 955 975, _-.00 2742 . �-O:A:.S and =�EiSG BALANC= 1,968.4:9.33 . ,. 0.00 1,968,408.33 - R:L AGENCY --=U'_S - COU?CN C=" AGENCY MNES (>!oa_-_;� 5�.:crary) 5s82 La:: City 221�6 LA_--tec_-___. ._..= Agency 5.749 27:3 Cra.^.ce ccunzv _:vest Pool -77% 0.___ 2703-A Orange Cc_n_y :c.esz Pool -23% 0.:__ _;, S and =\�:NG 3A_tic= —co 0.00 39,°99,i75.C8 2,0u0,CCC.00 ------------------------------------------------------------------------ i5 :50,668.4:?.33 _:0,200,000.00 59,806,332.53 ........................................................................ r li I 02/3141595 a''; CITY OF HUN::NGTON BEACa PM- 3 PORTFOLIO MASTER INVES !Eh:-ACT:'J:'Y BY TYPE CITY DECEMBER 1 1995 - DECE�SER 31, 1995, ACCRUAL STATED TRANSACTION .,.PLRZ A:ZS, SA:_ES/MATURI:I_S TYPE- c5 "_`: # ISSUER .; -. RATE DATE OR .rE?CS:_5 OR WI=JRAWALS.77 . , EALANCE ------ ---------------•----------------------------•-------------------'- --- - --------- -- •---------••-•-•----••------•--- REPLi CH;SE AZAEE.MEh;S 55-C40 Sanwa Bark - Los Angeles 5.500 i2/Oi/1995 2,500,000.00 55-C41 Sanwa Bark - Los Angeles 5.375 i2/C1/i995 5,200,0CC.00 12/04/i955 5,200,000.00....,- 55-_C42 Sanwa Bank - -Lcs Angeles - 5•.375 12/04/i995 5,500,CCC.00 : � _ 12105/1555 5,500,000..00 Sanwa Bank - Los,Angeles_- ,,, 5.375- 12/05/195: 12/05/i555 5,9CO,OOO.CO. . Sawa Bank - Los Prgeles. 5.500 12/O6/1995 3,500, :0 12/C7/1955 3,50C,000.00 _i-C45 Sanwa Bark - Los Angeles 5.375 i2/O8/1995 4,800,2000.T00 557C45 San=a Bank Los Angeles; 5.375 12/O6/i555 3,3CO3 3,300..000. 55-C47 Sanwa Bank - Lcs Angeles 5.375 i2/iz/1555 3,000, ..... 55- 48 Sanwa Bank -. ..cs Angeles ... 5.375 ,. 12/12/19 i2/13/1995. - .. 3,100,9100,00 - 45 Sanwa Bank - _os Angeles 5.375 12/13/2.555 3,300,0C ..: -2/14/19=5 _,300,OOO.D0 --� Sanwa Bank -os A^.geles c ----=.. - - 1.2i15/i955 - 9-,3Co,000." .. Sanwa Ban? - Lcs Angeles 5.375 12/15/1995 9,400,^C...0 12/18/1595 9,,400,000.00 , Sanwa,Bank - Los anceles 5.438 12/18/1995 :95 6,700,000.00 Sa-.53 Saa:a Bank - Los,Angeles 5.375 12/19/1995 8,000, --. : 12/20/1955 8,000,o00.00 _ar..a Bank - Los ?rgeles 5.188 12/20/i555 8,200,CC 12/21/1955 9,200,000.00 Sara Bank Los Aanceles 5.250 -2/.21/i995 12/22/1955 -_,400,000.00 .oa- - _an:a Bark - cos Angeles 5.3i5 12/22/1595 12,000,CC..CC 12/25/i955 12,000,000.00 Sa Sanwa _ank Los Anceles 5.253 12/25/1955 12/27/1555 _1.4^_0,000.00 Sanwa Bank - Los Angeles 5.250 12/27/1555 - 12/25/1995 10,900,OOO.00 San.=a Ba._. - Los Angeles 5.198 121'28/i595 12/29/1995 10,300,000.00 canwa nk - Los Anae1es S.Ooo 12/25/i995 and 140.2C0,000.O0 11,000,OCO.00 { O1/31/1996 CITY+OF HUti!:.G-ON BEACH pm 2 INVESTMEN"1 PORT OLIO :- AILS'- INVESTMENTS -y DECEMBEER 31; 1995' ACCR_A.r I�VEST?"Eh'I n.:at OE PURCP.ASE STATED --- YTM --- Y-:SIT`.' Cn'cS N DER ISSLT_R _ALA-N:E DATE BOOK VALUE FACE VALUE MARKET VALUE RATE 360 ------------------------------------------------------------------------------------------------------------------------------------ REPURCHASE AGREEMENTS 96-060 Sanwa Bark - Los A.^.ce:es :2/29/95 11,000,000.00 :1,000,000.00 11,000,000.00 5.000 5.000 5.069 C1/:2/36 AVERAGES 7.322,560.65 BANKERS ACCEPTANCES" 2:41 Bark of America :2/OS/95 932,573.33 _,OOD,000.00' 995,750.83 5.570 5.612 5.690 .:l22;36 2: 27;2 Bank o. 7.neriea 12/'_8/95 915,635.00 _,O0O,000.00 977,923.33 5.370 5._03 5.5 : .5/26/Si _48 SUBTOTALS and AVERAGES _._:5,:-..03 _,968,408.33 1,974,6774.16 2,000,C00.00' S.558 S.n_E 84 -'c..'-LAL AGENCY ISSUES - COUPON 2736E A. W. Dougherty Co. 04/20/94 197,36i.42 197,368.42 197,368.42 6.835 6.741 6.335 0;120/35 i,2:5 2734 Federal Home Loan Bank -4/26/93 2,000,000.00 2,000,O00.00 1,85O,C00.0 5.190 5.109 _.:8: 0e/2:ir_ 2735 Federal` Home Loan _ank _rile/33 ,CCO,000.00 i,000,000.00 920,000.30 5.300 5.227 5.300 _:/:S/38 1,.52 273'A -___ra l --'ome Loan Bank _4/:4/94 640, 76.70 64-0,776.70 640;776... 6.780 6.=-37 :.7_,, C4/:4/3c 2739 Tennessee Valley Act'-crf-v O5/31/94 1,000,000.00 _,COO,000.00 11 000,000.0: 7.3:8 7.258 '._:3 C5;3:/33 _.2;5 SL?TO7A_.5 and AVERAGES - 4,.33,_;5.:2 4,833,145.12 4,608,145.:2 4,838,145.12 E.S45 C.:C. AGENCY FUNDS 9S2 Lai: City 20,000,000.00 2:,000,000.00 20,000,000.00 5.748 5.669 5.743 _ 22:6 LAT-'-Reaevelozmenz Acer-- i5,55_,773.08 _.,999,779.08 :9,99-5,779.C8 5.748 5.663 1.746 _ I.:3 Ora:__ County Invest :___ - O.CO 0.00 0.00 0.001 0.001 C..._ 2703-A Orance County Invest ?ocl - 0.00 0.30 0.00 0.00i 0.00i ----------------- -------------- -------------- -------------- ------ ------ ------ SU3':O A_.S and AV cRA.GES 33,-:.,'73.08 33,33_,773.08 39,999,775_S , : 33,939,i79.08 E.c69 5.748 !C-: vM TERM NOTES - 2172'_ Fora Motor Crediz Co 0"'_ 9l C• COC.00 2,000.::0.00 2,010,OOD.00 =!' -_ 8.975 B.76: 6.Se C_ 2i. :22 AVERAGES 2.:__,C::.00 ----------------------------------------------------------------------------------------------------- . r_ _NVES^X=N:S and AVG. 5 53,806,322.:- 59,592,599.35 ES.::=.?03.87 E3,837,32;.20 5.660t 5.73?t ._ ......................................................................................................... i 01!31/1996 CITY OF HUh::NGTON BEACH PM - _ PORTFOL:O MASTER SUMMARY CITY DECEMBER 3�1'. 1995'_.*' .; AVE:RAG= --Y:E TO NA- :TY--- PERCENT OF AVERAG- DAYS TO 350 365 Z.VESTMENTS BOOK VALUE PORTFOLIO ERM NA :RiTY EQU:VAL=�T E^,U:':ALEh: Repurchase Agreements. .................... 5 11.000.000.00 19.39s 4 _ S...O 5.059 Bankers Acceptances... ... . ............... ....:5 " 1,568,408.33 3".29`•° 1CS `94 - 5.�59 5.535 =ederal Agency Issues - Cc-�:an.......... . . .5, 4,839,145.12 8.09 1,82.5 1,C83 , 5.545 :.925 Local Agency investment F:.-.4-s................S 39,999.779.C8 66.68 ' _ _.559 5.743 Medium Term Noces._. ....5 2,000,000.00 3.34 1,829 122 9. 151 9.593 TOTAL and n'v_i;G=S:....... ..'.S''`:f '59,805.332.53" 100.00% 2:; 95,. 5.557t 5.735k „ .._ MON—i ZND:NG s. - T=i =:LtiNINC-S D=.:�:R 31`` Y=F,R :AT_ .__sent Year S 278,/39.90 S 772,759.39 �+cRAGE DAILY BALziZZ S 55,965,703.871. 5 - cc.�CT�T-RAT= CF ___r_nt Bud__t S 275,C00.00 S 82510c:.00 S 3,30C,.00.00 /� I certify :hat _.._s report accurately reflects all C .y and Redevelopment Agency DLv Vh=:A pooled _aveszments and is in conformity with a!' State -_.s and `investme nt CI policy statemen. :=led with the City Council on ^ct. 16,_995. A copy of this j C acl_ ..cv is avai_ab_e at the o`_fice of the City- -sk. investment prcgram her__ show: - c.r"es snffi_:ent cash _`low to meet next mon_n's est_.-at_- expendi-..res. i SUMMARY OF INVESTMENT PORTFOLIO ACTIVITY FOR DECEMBER, 1995 The following is a summary of investment transactions for the month of December, 1995: End of period City Portfolio Balance $59,806,332.53 Interest Received for Period 278,139.90 Earned Interest Yield Average _ 5.739% Average Maturity = 95 days During the month of December, the city'.s portfolio increased from $49,337,924.20 to $59,806,332.53, for a difference of$10,468,408.33. This increase is attributable to the City.receiving the December secured "property tax. The yield on the Treasurer's portfolio decreased from 5.930%, November's ending rate, to 5.739%, December's ending rate. In comparison_the 90 day treasury rate was 5.32%. The city's General Account Bank Balance on December 31, 1995 was $1,832,038.28. Interest Received Total current month S278,139.90 Total year to date $772,759.39 Transaction Summary Value Number of securities purchased 22 $150,668,408.33 Number of securities matured/sold 20 $140,200,000.00_ Percent of Available Funds Invested 99.97% ' Summary of Changes in Investment Portfolio December, 1995 Beginning of + OR - End of Month Percent Policy% - Month This Month of Portfolio Allowable Repurchase S2,500,000.00 S8,500,000.00 $11,000,000.00 18.39% N/A Aereements Bankers - 0 - $1,968,408.33 S1,968,408.33 3.29% 25% Acceptances Federal Agency S4,838,145.12 - 0 - $4,838.145.12 8.09% N/A Issues Local Agency S39,999,779.08 - 0 - S39,999,779.08 66.88% N/A Investment Fund Medium Term $2,000,000.00 - 0 - S2,000,000.00 3.34% 20% Notes TOTALS S49,337,924.20 S59,806,332.53 100.00% I certify that this report accurately reflects all City and Redevelopment Agency pooled investments and is in conformity with all State laws and the City of Huntington Beach Investment Policy statement adopted by the City Council on October 16, 1995. The investment program herein shown provides sufficient cash,flow liquidity to meet next month's estimated expenditures. — _ 2/20/1995 PM - 7 CITY OF HUNTINGTON BEACH CITY INTEREST EARNINGS SUMMARY NOVEFffiER 30, 1995 MONTH ENDING FISCAL NOVEMBER 30, 1995 YEAR TO DATE CD/Coupon/Discount Investments: Interest Collected $ 42,622.03 $ 208,744.57 PLUS Accrued Interest at End of Period 95,894.99 95,894.99 LESS Accrued Interest at Beginning of Period ( 87,212.37) ( 182,507.63) Interest Earned during Period $ 51,304.65 122,131.93 .................. .................. ADJUSTED by Premiums and Discounts 0.00 0.00 ADJUSTED by Capital Gains or Losses 0.00 0.00 - ------------------ ------------------ Earnings during Period 51,304.65 $ 122,131.93 .................. .................. Mortgage Backed Securities: Interest Collected $ - 0.00 $ 0.00 PLUS Accrued Interest at End of Period 646.25 646.25 LESS Accrued Interest at Beginning of Period ( 646.25) ( 646.25) ------------------ ------------------ 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 Period 0.00 $ 0.00 Cash/Checking Accounts: Interest Collected $ 0.00 $ 0.00 PLUS Accrued Interest at End of Period 797,532.88 797,532.88 LESS Accrued Interest at Beginning of Period ( 607,352.01) ( 425,045.32) ------------------ ------------------ Interest Earned during Period $ 190,180.87 $ 372,487.56 TOTAL Interest Earned during Period $ 241,485.52 $ 494,619.49 TOTAL Ajustments from Premiums and Discounts $ 0.00 $ 0.00 TOTAL Capital Gains or Losses $ 0.00 $ 0.00 ------------------ ------------------ TOTAI Earnings during Period $ 241,485.52 $ 494,619.49 2/20/1995 PM - 6 CITY OF HUNTINGTON BEACH CITY DISTRIBUTION OF INVESTMENTS BY TYPE OCTOBER 1995 through NOVEMBER 1995 ,)NTH ------------------------------------------------ TYPES OF INVESTMENTS ------------------------------------------------ VD YEAR RPA SCD BAC COM CPI FAC FAD LA1 TRC TRD MTN NCB BCD MCI MD1 PA1 GN1 ----------------------------------------------------------------------------------------------------=------------------------------ =tober 95 7.8 9.5 78.8 3.9 ovember 95 5.1 . 9A 81.1 4.1 l ------------------------------------------------------------------------------------------------- VERAGES 6.4t 9.7% 79.9% 4.0% ...................................................................................................................... RPA - Repurchase Agreements SCD - Certificates of Deposit 3AC - Bankers Acceptances COM - Commercial Paper - Discount =PI - Commercial Paper - Interest Bearing FAC - Federal Agency Issues - Coupon FAD - Federal Agency Issues - Discount LAI - Local Agency Investment Funds :'RC - Treasury Securities - Coupon TRD - Treasury Securities - Discount G':N - Variable CD's NCB - Negotiable CD's 3CD - Certificates of Deposit - Bank MCI - Medium Term Notes MIDI - Miscellaneous Securities - Discount PA1 - Mutual Funds / Passbook 3N1 - Mortgage Backed Securities 1 i 2/20/1995 ` PM - 5 CITY OF HUNTINGTON BEACH CITY INVESTMENT ACTIVITY SUMMARY OCTOBER 1995 through NOVEMBER 1995 YIELD TO MATURITY MANAGED NUMBER OF NUMBER OF AVERAGE MONTH NUMBER OF TOTAL 360 365 POOL SECURITIES SECURITIES AVERAGE DAYS TO END YEAR SECURITIES INVESTED EQUIV EQUIV RATE PURCHASED MATURED/SOLD TERM MATURITY ----------------------------------------------------------------'--------------------------------------------------- October 95 11 50,767,924.20 5.6�3. 5.903 5.764 21 24 241 117 November 95 11 49,337,924.20 5.849 5.930 5.605 19 19 254 116 --------------------------------------------------------------------------------------------------- AVERAGES 11 $ 50,062,924.20 5.836% 5.917% 5.795% 20 22 251 117 iI I 2/20/1995 CITY OF HUNTINGTON BEACH PM - 4 PORTFOLIO MASTER INVESTMENT ACTIVITY BY TYPE CITY NOVEMBER 1, 1995 - NOVEMBER 30, 1995 ACCRUAL STATED TRANSACTION PURCHASES SALES/MATURITIES YPE INVESTMENT # ISSUER RATE DATE OR DEPOSITS OR WITHDRAWALS BALANCE --------------------------------------------------------------------------------------------------------------------------------- EDERAL AGENCY ISSUES - COUPON 4,838,145.12 .00AL AGENCY INVESTMENT FUNDS (Monthly Summary) 982 Laif City 5.805 2206 LAIF-Redevelopment Agency S.B05 2703 Orange County Invest Pool -774 0.001 2703-A Orange County Invest Pool -23% 0.001 SUBTOTALS and ENDING BALANCE 0.00 0.00 39,999,779.08 EDIUM TERM NOTES 2,000,000.00 ------------------------------------------------------------------------ DIALS 58,800,000.00 60,250,000.00 49,337,924.20 ........................................................................ .2/20/1995 CITY OF HUNTINGTON BEACH PM - 3 PORTFOLIO MASTER INVESTMENT ACTIVITY BY TYPE CITY NOVEMBER 1, 1995 - NOVEMBER 30, 1995 ACCRUAL STATED TRANSACTION PURCHASES SALES/MATURITIES YPE INVESTMENT # ISSUER RATE DATE OR DEPOSITS OR WITHDRAWALS BALANCE --------------------------------------------------------------------------------------------------------------------------------- .EPURCHASE AGREEMENTS 96-021 Sanwa Bank - Los Angeles 5.500 11/01/1995 :3,950,000.00 96-022 Sanwa Bank - Los Angeles 5.500 11/01/1995 4,100,000.00 12/02/1995 4,100,000.OT 96-023 Sanwa Bank - Los Angeles 5.375 11/02/1995 4,300,000.00 11/03/1995 4,300,000.00 96-024 Sanwa Bank - Los Angeles 5.375 11/03/1995 4,000,000.00 11/06/1995 4,000,000.00 96-025 Sanwa Bank - Los Angeles 5.375 11/06/1995 4,100,000.00 11/07/1995 4,100,000.00 96-026 Sanwa Bank - Los Angeles 5.375 11/07/1995 3,900,000.00 11/08/1995 3,900,000.00 96-027 Sanwa Bank - Los Angeles 5.500 11/08/1995 3,600,000.00 11/09/1995 3,600,000.00 96-028 Sanwa Bank - Los Angeles 5.500 11/09/-1995 2,000,000.00 11/13/1995 2,000,000.00 96-029 Sanwa Bark - Los Angeles 5.375 11/13/1995 1,300,000.00 11/14/1995 1,300,000.00 96-030 Sanwa Bank - Los Angeles S.375 11/14/1995 1,900,000.00 11/15/1995 1,900,000.00 96-031 Sanwa Bank - Los Angeles 5.500 11/15/i995 3,300,000.00 11/16/199S 3,300,000.00 56-032 Sanwa Bark - Los Angeles 5.375 11/16/1995 3,500,000.00 11/17/1995 3,500,000.00 96-033 Sanwa Bask - Los Angeles 5.375 11/17/1995 3,600,000.00 12/20/1995 3,600,000.00 96-034 Sanwa Bark - Los Angeles 5.375 !1/20/1995 4,100,000.00 11/21/1995 4,100,000.00 96-035 Sanwa Bank - Los Angeles 5.500 11/21/1995 4,300,000.00 11/22/1995 4,300,000.00 96-036 Sanwa Bark - Los Fngeles 5.563 11/22/1995 1,700,000.CO 11/27/1995 1,700,000.00 96-037 Sanwa Bank - Los Angeles 5.375 11/27/1995 2,000,000.CO 11/28/1995 2,000,000.00 96-038 Sanwa Bank - Los Angeles 5.375 11/28/1995 2,200,000.00 11/29/1995 2,200,000.00 96-039 Sanwa Bank - Los Angeles 5.375 11/29/1995 2,400,000.CO 11/30/1995 2,400,C00.00 96-040 Sanwa Bank - Los Pngeles 5.500 !1/30/1995 2,500,000.00 SUBTOTALS and END-ZNG BA:-7,NCE 58,800,000.CC 60,250,000.00 2,500,000.00 I 12/20/1995 CITY OF HUNTINGTON BEACH PM - 2 INVESTMENT PORTFOLIO DETAILS - INVESTMENTS CITY NOVEMBER 30, 1995 ACCRUAL INVESTMENT AVERAGE PURCHASE STATED --- YTM --- MATURITY DAYS NUMBER ISSUER BALANCE DATE BOOK VALUE FACE VALUE MARKET VALUE RATE 360 365 DATE TO MAT ---------------------------------------------------------------------------------------------------------------------------------- REPURCHASE AGREEMENTS 96-040 Sanwa Bank - Los Angeles 11/30/95 2,500,000.00 2,500,000.00 2,500,000.00 5.500 5.500 5.576 12/01/95 0 AVERAGES 2,893,333.33 r'EDERAL AGENCY ISSUES '- COUPON 2736A A. W. Dougherty Co. 04/20/94 197,368.42 197,368.42 197,368.42 6.835 6.741 6.835 04/20/99 1,236 2734 Federal Home Loan Bank 08/26/93 2,000,000.00 2,000,000.00 1,850,000.00 5.180 5.109 5.180 08/26/98 999 2735 Federal Home Loan Bank 11/18/93 1,000,OOC.00 1,000,000.00 920,000.00 5.300 5.227 5.300 11/18/98 1,083 2737A Federal Home Loan Bank 04/14/94 '640,776.70 640,776.70 640,776.70 6.780 6.687 6.780 04/14/99 1,230 2739 Tennessee Valley Authority 05/31/94 1,000,000.00 1,000,000.00 1,000,000.00 7.318 7.218 7.318 05/31/99 1,277 ----------------- -------------- -------------- -------------- ------ ------ ------ SUBTOTALS and AVERAGES 4,838,145.12 4,838,145.12 4,608,145.12 4,838,145.12 5,845 5.926 1,114 FOCAL AGENCY INVESTMENT FUNDS 982 Laif City 20,000,000.00 20,000;000.00 20,000,000.00 5.805 5.725 5.805 1 2206 LAIF-Redevelopment Agency 19,999,779.08 19,999,779.08 19,999,779.08 5.805 5.725 5.805 1 2703 Orange County Invest Pool - 0.00 0.00 0.00 0.001 0.001 0.001 1 2703-A Orange County Invest Pool - 0.00 0.00 0.00 0.001 0.001 0.001 1 ----------------- -------------- -------------- -------------- ------ ------ ------ SUBTOTALS and AVERAGES 39,999,779.08 39,999,779.06 39,999,779.08 39,999,779.08 5.725 5.805 ' 1 I.EDIUM TERM NOTES 2721 Ford Motor Credit Corp. 05/01/91 2,000,000.00 2,000,000.00 2,010,000.00 6.875 8.761 8.883 05/02/96 153 AVERAGES 2,000,000.00 ----------------------------------------------------------------------------------------------------- DTAL :NVESTM=ATS and AVG. $ 49,337,924.20 49,117,924.20 49,731,257.53 49,337,924.20 5.849% 5.930% 116 1 _- 12/20/1995 CITY OF HUNTINGTON BEACH PM - 1 PORTFOLIO MASTER SUMMARY CITY NOVEMBER 30, 1995 ACCRUAL AVERAGE ---YIELD TO MATURITY--- PERCENT OF AVERAGE DAYS TO 360 365 INVESTMENTS BOOK VALUE PORTFOLIO TERM MATURITY EQUIVALENT EQUIVALENT ----------------------------------------------------------------------------------------------------------------------------------- Repurchase Agreements.... ....................$ 2,500,000.00 5.07 1 0 5.500 5.576 Federal Agency Issues - Coupon....... ........$ 4,838,145.12 9.B1 1,826 1,114 5.845 5.926 Local Agency Investment Funds..............:.$ 39,999,779.08 81.07 1 1 .5.725 5.805 Medium Term Notes............................$ 2,000,000.00 4.05 1,828 - 153 '8.761 8.883 ------------------------------------------------------------------------------ TOTAL INVESTMENTS and AVERAGES............ .$ 49,337,924.20 100.00% 254 116 5.849k 5.930% ________'_""'"...."".........................`.........._""""'.. MONTH ENDING FISCAL FISCAL TOTAL EARNINGS NOVEMBER 30 YEAR TO DATE YEAR ENDING Current Year $ 241,485.52 $ 494,619.49 AVERAGE DAILY BALANCE $ 49,731,257.53 $ 50,034,002.92 EFFECTIVE RATE OF RETURN 5.91% 5.92% Current Budget $ 275,000.00 $ 550,000.00 $ 3,300,000.00 � r I certify that this report accurately reflects all City and Redevelopment Agency ATRICIA LOVELACE pooled investments and is in conformity with all State laws and the investment ENIOR DEPUTY CITY TREASURER policy statement filed with the City Council on Oct. 16,1995. A copy of this policy is available at the office of the City Clerk. The investment program herein shown provides sufficient cash flow liquidity to meet next month's ATE estimated expenditures. I SU MMARY OF INVESTMENT PORTF OLIO ACTIVITY FOR NOVEMBER, 1995 The following is a summary of investment transactions for the month of November, 1995: End of period City Portfolio Balance $49,337,924.20 Interest Received for Period 241,485.52 Earned Interest Yield Average 5.930% Average Maturity 116 days During the month of November, the city's portfolio decreased from $50,787,924.20 to $49,337,924.20, for a difference of$1,450,000. This is just the result of a smaller repurchase agreement for the month ending November, 1995. The yield on the Treasurer's portfolio increased from 5.903% to 5.930%. In comparison the 90 day treasury rate was 5.48%. The city's General Account Bank Balance on November 30, 1995 was $1,818,149.83. Interest Received Total current month $ 241,485.52 Total year to date $ 494,619.49 Transaction Summary Value Number of securities purchased 19 $58,800,000.00 Number of securities matured/sold 19 $60,250,000.00 Percent of Available Funds Invested 96.3 1% Summary of Changes in Investment Portfolio November, 1995 Beginning of + OR - End of Month Percent Policy % Month This Month of Portfolio Allowable Repurchase $3,950,000.00 <S1,450,000.00> S2,500,000.00 5.07% N/A Agreements Federal Agency S4,838,145.12 - 0 - S4,838.145.12 9.81% N/A Issues Local Agency $39,999,779.08 - 0 - $39,999,779.08 81.07% N/A Investment Fund :Medium Term S2,000,000.00 - 0 - S2,000,000.00 4.05% 20% Notes TOTALS S49,337,924.20 100.00% I certify that this report accurately reflects all City and Redevelopment Agency pooled investments and is in conformity with all State laws and the City of Huntington Beach Investment Policy statement adopted by the City Council on October 16, 1995. The investment program herein shown provides sufficient cash flow liquidity to meet next month's estimated expenditures. .,ram 06/19/1996-; �, PM - 8 CITY OF HUNTINGTON BEACH CITY INTEREST EARNINGS SUMMARY APRIL 30, 1996 4 MONTH ENDING FISCAL APRIL 30, 1996 YEAR TO DATE CD/Coupon/Discount Investments: Interest Collected $ 124,034.42 $ 609,232.40 PLUS Accrued' Interest at End of Period 202,143.38 202,143.38 LESS Accrued'Interest at Beginning of Period ( 174,186.96) ( 182,507.63) ---------------- ------------------ Interest Earned during Period $ 151,990.84 628,868.15 ADJUSTED by Premiums and Discounts 1,446.62 3,916.09 ADJUSTED by Capital Gains or Losses 0.00 0.00 ------------------ ------------------ Earnings during Period 153,437.46 $ 632,784.24 Mortgage Backed Securities: Interest Collected $ - 0.00 $ 0.00 PLUS Accrued Interest at End of Period -11,849.30 -11,849.30 LESS Accrued Interest at Beginning of Period ( -11,849.30) ( -11,849.30) 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 Period . 0.00 $ 0.00 ------------------ ------------------ ------------------ ------------------ Cash/Checking Accounts: Interest Collected $ 512,046.34 $ 1,075,064.72 PLUS Accrued Interest at End of Period 558,166.37 558,166.37 LESS Accrued Interest at Beginning of Period ( 937,091.66) ( 425,045.32) --------------- ------------------ Interest Earned during Period $ 133,121:05 $ 1,208,185.77 TOTAL Interest Earned during Period $ 285,111.89 $ 1,837,053.92 TOTAL Ajustments from Premiums and Discounts $ 1,446.62 $ 3,916.09 TOTAL Capital Gains or Losses $ 0.00 $ 0.00 ------------------ ------------------ TOTAL Earnings during Period $ 286,558.51 $ 1,840,970.01 _ � I i City of Huntington Beach Summary of Investment Portfolio Activity for May, 1996 Financial Information: Increase April May (Decrease) End of month City Portfolio Balance $61,818,147 $62,185,031 $366,884 Accrued Interest at Purchase $6,224 $125,834 $119,610 Interest Earned for Month $286,559 $305,125 $18,566 Earned Interest Yield Average 6.06% 5.75% -0.31% Average Maturity ( in days) 298 487 189 End of Month Market Value $61,641,261 $61,977,240 $335,979 End of month bank cash balance $996,377 $1,955,446 $959,069 Comparison to Budget: Increase Budget Actual (Decrease) Interest Earned for Month $275,000 $305,125 $30,125 Interest Earned Year to Date $2,200,000 $2,146,095 ($53,905) Earned Interest Yield Year to Date 5.50% 5.80% 0.30% Transaction Summary: Increase April May (Decrease) Number of Securities Purchased 23 23 0 Number of Securities Matured/Sold 22 22 0 Percent of Available Funds Invested 98% 97% -1% Summary by Individual Investment: Days Int. May % of Total Policy Limit to Mat. Rate Repurchase Agreements $4,500,000 7.2% None 1 5.13% Bankers Acceptances $1,970,389 3.2% 25% 25 5.49% Federal Agency Issues $22,177,001 35.7% None 1220 6.42% Local Agency Inv. Fund (LAIF) $26,511,825 42.6% None 1 5.54% Medium Term Notes $7,025,816 11.3% 20% 444 5.72% Total $62,185,031 100% J 06111./1996 CITY OF HUNTINGTON BEACH PM - 1 PORTFOLIO MASTER SUMMARY CITY MAY 31, 1996 ACCRUAL AVERAGE ---YIELD TO MATURITY--- PERCENT OF AVERAGE DAYS TO 360 365 INVESTMENTS BOOK VALUE PORTFOLIO TERM MATURITY EQUIVALENT EQUIVALENT Repurchase Agreements........................$ 4,500,000.00 7.24 3 2 5.063 5.133 Bankers Acceptances..........................$ 1,970,388.90 3.17 100 25 5.410 5.485 Federal Agency Issues - Coupon...............$ 22,177,001.32 35.66 1,390 1,220 6.335 6.423 - Local Agency Investment Funds................$ 26,511,825.42 42.63 1 1 5.462 5.538 Medium Term Notes............................$ 7,025,615.64 11.30 534 444 5.639 5.717 ------------------------------------------------------------------------------ TOTAL INVESTMENTS and AVERAGES.............$ 62,185,031.28 100.00% 560 487 5.7634 5.843% CASH Passbook/Checking Accounts...................$ 0.00 0.000 0.000 (not included in yield calc.'at ions) Accrued Interest at Purchase.................$ 125.833.62 ---------------------------------------------------------------------------- TOTAL CASH and PURCHASE INi=SST.............$ 125,833.62 TOTAL CASHand INVESTMENTS.................$ 62,310,864.90 MONTH ENDING FISCAL FISCAL TOTAL EARNINGS MAY 31 YEAR TO DATE YEAR ENDING Current Year $ 305,125.01 $ 2,146,095.02 AVERAGE DAILY BALANCE $ 62,518,619.77 $ 55,305,101.57 EFFECTIVE RATE OF RETURN 5.75% 5.80k Current Budget $ 275,000.00 $ 2,200,000.00 $ 3,300,000.00 I certify that this report accurately reflects all City and Redevelopment Agency DAN T. VILLELLA pooled investments and is in conformity with all State laws and the investment CITY TREASL7tER policy statement filed with the City Council on Oct. 16,1995. A copy of this policy is available at the office of the City Clerk. The ,investment program herein shown provides sufficient cash flow liquidity to meet next month's DATE estimated expenditures. i 06/19/1996 CITY OF HUNTINGTON BEACH PM - 2 INVESTMENT PORTFOLIO DETAILS - INVESTMENTS CITY MAY 31, 1996 ACCRUAL INVESTMENT AVERAGE PURCHASE STATED --- YTM --- MATURITY DAYS NUMBER ISSUER BALANCE DATE BOOK VALUE FACE VALUE MARKET VALUE RATE 360 365 DATE TO MAT ---------------------------------------------------------------------------------------------------------------------------------- REPURCHASE AGREEMENTS 96-166 Sanwa Bank - Los Angeles 05/31/96 4,500,000.00 4,500,000.00 4,500,000.00 5.063 5.063 5.133 06/03/96 2 AVERAGES 5,609,677.42 BANKERS ACCEPTANCES 2752 BANK OF TOKYO 03/18/96 1,970,388.90 2,000,000.00 1,992,597.23 5.330 5.410 5.485 06/26/96 25 AVERAGES 3,425,437.23 FEDERAL AGENCY ISSUES -,COUPON 2759 FEDERAL FARM CREDIT BANK 05/14/96 2,000,000.00 2,OD0,000.00 2,000,000.00 6.750 6.658 6.750 05/14/99 1,077 2734 Federal Home Loan Bank 08/26/93 2,000,000.00 2,000,000.00 1,850,000.00 5.180 5.109 5.180 08/26/98 816 2735 Federal Home Loan Bank 3.1/18/93 1,000,000.00 1,000,000.00 920,000.00 5.300 5.227 5.300 11/18/98 900 2736A Federal Home Loan Bank 04/20/94 197,368.42 197,366.42 197,368.42 6.835 6.741 6.835 04/20/99 1,053 2754 Federal Home Loan Bank 04/23/96 3,000,000.00 3,000,000.00 3,000,000.00 7.000 6.904 7.000 04/23/01 1,787 2755 Federal Home Loan Bank 04/30/96 2,000,000.00 2,000,000.00 2,000,000.00 7.200 7.101 7.200 04/30/01 1,794 2761 Federal Home Loan Bank - 05/20/96 1,000,000.00 1,OH,000.00 1,000,000.00 6.300 6.214 6.300 11/20/97 537 2757 Federal Home Loan Mort Corp 05/14/96 2,002,458.90 2,000,000.00 2,002,458.90 6.800 6.661 6.753 05/14/99 1,077 2760 Federal Home Loan Mort Corp 05/17/96 2,000,000.00 2,000,000.00 2,000,000.00 6.990 6.894 6.990 05/17/01 1,811 2751 Fed. Nat'l Mort. Assoc. 02/29/96 2,981,477.08 3,000,000.00 2,981,477.08 5.000 5.235 5.308 02/25/98 634 2753 Fed. Nat'l Mort. Assoc. 03/22/96 1,000,000.00 1,000,000.00 1,000,000.00 6.210 6.125 6.210 03/24/99 1,026 2758 Fed. Nat'l Mort. Assoc. 05/14/96 1,995,696.92 2,000,000.00 1,995,696.92 6.850 6.837 6.932 05/14/99 1,077 2762 Fed. Nat'l Mort. Assoc. 05/30/96 1,000,000.00 1,000,000.00 1,000,000.00 6.870 6.776 6.870 06/01/01 1,826 ----------------- -------------- -------------- -------------- ------ ------ ------ SU370TALS and AVERAGES 18,048,295.87 22,177,001.32 21,947,001.32 22,197,368.42 6.335 6.423 1,220 LOCAL AGENCY INVESTMENT FUNDS 982 Lail' City 16,263,397.98 16,263,397.98 16,263,397.98 5.538 5.462 5.538 1 2206 LAIF-Redevelopment Agency 10,248,427,44 10,248,427.44 10,248,427.44 5.538 5.462 5.538 1 2703 Orange County Invest Pool - 0.00 0.00 0.00 0.001 0.001 0.001 1 2703-A Orange County Invest Pool - 0.00 0.00 0.00 0.001 0.001 0.001 1 ----------------- -------------- -------------- -------------- ------ ------ ------ S B=7ALS and AVERAGES 28,737,631.87 26,511,825.42 26,511,825.42 26,511,825.42 5.462 5.538 1 MEDIUM _=RM NOTES 2748 AT&T 02/22/96 2,000,195.17 2,000,000.00 2,000,195.17 5.350 5.340. 5.414 08/12/97 437 2750 AT&T 02/26/96 999,669.28 1,000,000.00 999,669.28 5.410 5.427 5.503 01/30/98 608 2763 Ford Motor Credit Coro. 05/07/96 1,023,850.00 1,000,000.00 1,023,E50.00 8.000 6.329 6.417 12/01/97 548 2745 Gen Xtr Accept Corp 01/10/96 1,995,530.40 2,000,000.00 1,995,530.40 5.000 5.352 5.427 01/27/97 240 2756 US LIFE CORP 05/07/96 1,006,550.79 1,000,000.00 1,006,550.79 6.750 6.310 6.398 01/15/98 593 ----------------- -------------- -------------- -------------- ------ ------ ------ S B-70T.LS and AVERAGES 6,697,577.38 7,025,615.64 7,025,Ei5.64 7,000,000.00 5.639 5.717 444 °:s 06/19/1996 CITY OF HUNTINGTON BEACH PM - 3 INVESTMENT PORTFOLIO DETAILS - INVESTMENTS CITY MAY 31, 1996 ACCRUAL INVESTMENT AVERAGE PURCHASE STATED --- YTM --- MATURITY DAYS NUMBER ISSUER BALANCE DATE BOOK VALUE FACE VALUE MARKET VALUE RATE 360 365 DATE TO MAT ---------------------------------------------------------------------------------------------------------------------------------- ---- TOTAL INVESTMENTS and AVG. $ 62,185,031.28 61,977,239.61 62,518,619.77 62,209,193.84 5.763% 5.843% 487 ..........................................sass........... .........................tea.................... ,0f/19/1996.;'z CITY OF HUNTINGTON BEACH PM - 4 PORTFOLIO MASTER INVESTMENT ACTIVITY BY TYPE CITY MAY 1, 1996 - MAY 31, 1996 ACCRUAL STATED TRANSACTION PURCHASES SALES/MATURITIES TYPE INVESTMENT # ISSUER RATE DATE , OR DEPOSITS OR WITHDRAWALS BALANCE ---------------------------------------------------------------------------------------------------------------------------------- REPURCHASE AGREEMENTS 96-144 Sanwa Bank - Los Angeles 5.000 05/01/1996 8,200,000.00 96-145 Sanwa Bank - Los Angeles 5,063 05/01/1996 8,200,000.00 05/02/1996 - 8,200,000.00 96-146 Sanwa Bank - Los Angeles 5.000 05/02/1996 8,200,000.00 05/03/1996 8,200,000.00 96-147 Sanwa Bank - Los Angeles 5.000 05/03/1996 3.0,200,000.00 05/06/1996 10,200,000.00 96-146 Sanwa Bank - Los Angeles 4.875 05/06/1996 10,200,000.00 05/07/1996 10,200,000.00 96-149 Sanwa Bank - Los Angeles 5.000 05/07/1996 8,500,000.00 05/08/1996 8,500,000.00 96-150 Sanwa Bank - Los Angeles 5.000 05/08/1996 8,500,000.00 05/09/1996 8,500,000.00 96-151 Sanwa Bank - Los Angeles 4.875 05/09-/1996 9,000,000.00 05/10/1996 9,000,000.00 96-152 Sanwa Bank - Los Angeles 5.D00 05/10/1996 8,200,D00.00 05/13/1996 8,200,000.00 96-153 Sanwa Bank - Los Angeles 5.000 05/13/1996 8,200,000.00 05/14/1996 8,200,000.00 96-154 Sanwa Bank - Los Angeles 5.000 05/14/1996 2,000,000.00 05/15/1996 2,000,000.00 96-155 Sanwa Bank - Los Angeles 4.750 05/15/1996 3,000,000.00 05/16/1996 3,000,000.00 96-156 Sanwa Bank - Los Angeles 4.875 05/16/1996 3,000,000.00 05/17/1996 3,000,000.00 96-157 Sanwa Bank - Los Angeles 4.750 05/17/1996 2,000,000.00 05/20/1996 2,000,000.00 96-159 Sanwa Bank - Los Angeles 4.750 05/21/1996 2,500,000.00 05/22/1996 2,500,000.00 96-160 Sanwa Bank - Los Angeles 5.125 05/22/1996 2,500,000.00 05/23/1996 2,500,000.00 96-161 Sanwa Bank - Los Angeles 4.875 05/23/1996 2,500,000.00 05/24/1996 2,500,000.00 96-162 Sanwa Bank - Los Angeles 4.750 05/24/1996 4,500,000.00 05/28/1996 4,500,000..00 96-163 Sanwa Bank - Los Angeles 4.938 05/28/1996 4,500,000.00 05/29/1996 4,500,000.00 96-164 Sanwa Bank - Los Angeles 5.000 CS/29/1996 5,000,000.00 05/30/1996 5,000,000.00 96-165 Sanwa Bank - Los Angeles 5.000 05/30/1996 4,400,000.00 05/31/1996 4,400,000.00 96-166 Sanwa Bank - Los Angeles 5.063 05/1-1/1996 4,500,000.00 SUBTOTALS and ENDING BALANCE 119,600,000.0D 123,300,000.00 4,500,000.00 i •06/19/1996 __ CITY OF HUNTINGTON BEACH PM - 5 PORTFOLIO MASTER INVESTMENT ACTIVITY BY TYPE CITY MAY 1, 1996 - MAY 31, 1996 ACCRUAL STATED TRANSACTION PURCHASES SALES/MATURITIES TYPE ? INVESTMENT # ISSUER RATE DATE OR DEPOSITS OR WITHDRAWALS BALANCE ---------------------------------------------------------------------------------------------------------------------------------- BANKERS ACCEPTANCES 2742 Bank of America 5.370 05/28/1996 975,835.00 **•• 2747 BANK OF TOKYO 5.190 05/20/1996 987,313.33 +•*• SUBTOTALS and ENDING BALANCE 0.00 1,963,148.33 1,970,388.90 FEDERAL AGENCY ISSUES - COUPON 2759 FEDERAL FARM CREDIT BANK 6.750 05/14/1996 2,000,000.00 2761. Federal Hone Loan Bank 6.300 05/20/1996 1,000,000.00 2757 Federal Home Loan Mort Corp 6.800 05/14/1996 2,002,500.00 2760.. Federal Home Loan Mort Corp 6.990 05/17/1996 2,000,000.00 2758 Fed. Nat'l Mort. Assoc. 6.850 05/24/1996 1,995,625.00 2762 Fed. Nat'l Mort. Assoc. 6.870 05/30/1996 1,000,000.00 2739 Tennessee Valley Authority 7.318 05/31/1996 1,000,000.00 SUBTOTALS and ENDING BALANCE 9,998,125.00 1,000,000.00 22,177,001.32 LOCAL AGENCY INVESTMENT FUNDS (Monthly Summary) 982 Laif City 5.538 2206 LAIF-Redeve:cpment Agency 5.538 3,000,000.00 2703 Orange County Invest Pool -77% 0.001 2703-A Orange Cour..ty Invest Pool -23% 0.001 SUBTOTALS and ENDING BALANCE 0.00 3,000,000.00 26,511,825.42 MEDIUM TERM NOTES 2721 Ford Motor Credit Corp. 8.875 05/02/1996 2,000,000.00 ««** 2763 Ford Motor Credit Cc:-p. 8.000 05/07/1996 1,024,910.00 2756 US LIFE CORD 6.750 05/07/1996 1,006,620.00 SUBTOTALS and ENDING BALANCE 2,031,730.00 2,000,000.00 7,025,815.64 ------------------------------------------------------------------------ TOTALS 131,629,855.00 131,263,148.33 62,i85,031.28 ••*• - Indicates -incomplete recording cf maturity redemption. 1, )6119/1996 PM - 6, CITY OF HUNTINGTON BEACH CITY INVESTMENT ACTIVITY SUMMARY OCTOBER 1995 through MAY 1996 YIELD TO MATURITY MANAGED NUMBER OF NUMBER OF AVERAGE MONTH - NUMBER OF TOTAL 360 365 POOL SECURITIES SECURITIES AVERAGE DAYS TO END YEAR SECURITIES INVESTED EQUIV EQUIV RATE PURCHASED MATURED/SOLD TERM MATURITY ------------------------------------------------------------------------------------------------------------------ October - 95 11 50,787,924.20 5.823 5.903 5.784 21 24 247 117 November 95 11 49,337,924.20 5.849 5.930 5.805 19 19 254 116 December 95 13 59,806',332.53 5.660 5.739 5.748 22 20 214 95 January 96 15 56,287,912.75 5.713 5.792 5.698 24 22 241 111 February 96 19 55,751,056.43 5.625 5.703 5.643 25 21 316 178 March 96 21 54,547,921.18 5.582 5.660 5.557 23 21 347 195 April 96 20 61,818,147.16 5.635 5.714 5-.538 24 25 432 298 May 96 24 62,185,031.28 5.762 5.843 5.538 29 25 560 487 --------------------------------------------------------------------------------------------------- AVERAGES 17 $ 56,315,281.22 5.706% 5.766% 5.664% 23 22 326 200 06/19/1996 PM - 7 CITY OF HUNTINGTON BEACH CITY DISTRIBUTION OF INVESTMENTS BY TYPE OCTOBER 1995 through MAY 1996 MONTH ------------------------------- TYPES OF INVESTMENTS ------------------------------------------------ END YEAR RPA SCD BAC COM CPI FAC ' FAD LA1 TRC TRD MTN NCB BCD MCI MDl PA1 GN1 ------------------------------------------------------------------------------------------------------------------------------------ October 95 7.8 9.5 78.8 3.9 November 95 5.1 9.8 81.1 4.1 December 95 18.4 3.3 8.1 66.9 3.3 January 96 8.0 3.5 1.8 8.6 71.1 7.1 February 96 .7.2 7.1 14.0 59.2 12.5 March 96 7.0 10.8 16.2 53.2 12.8 April 96 13.3 6.4 21.3 47.7 11.3 May 96 7.2 3.2 35.7 42.6 11.3 ---------------------------------------------------------------------------------------------------------------------- AVERAGES 9.2% 4.3% 0.2% 15.4% 62.64 8.3% RPA - Repurchase Agreements SCD - Certificates of Deposit BAC - Bankers Acceptances COM - Commercial Paper - Discc,nt CPI - Commercial Paper - Interest Bearing FAC - Federal Agency Issues - Coupon FAD - Federal Agency Issues - Disco,-,-.t LAI - Local Agency Investment -ands RC - Treasury Securities - Coupon TRD - Treasury Securities - Discount v-N - Variable CD's NCB - Negotiable CD's BCD - Certificates of Deposit - Bank MCI - Medium Term Notes w.,)l - Miscellaneous Securities - Discount PAI - Mutual Funds / Passbook GN1 - Mortgage Backed Securities u 06�19J1996 PM - 8 CITY OF HUNTSNGTON REACH" CITY INTEREST EARNINGS SUMMARY" MAY 31, 1996 MONTH ENDING FISCAL MAY 31, 1996, YEAR TO DATE 'CD/Coupon/Discount Investments: Interest Collected $ 132,260.59 $ 741,492.99 PLUS Accrued Interest at End of Period 239,662.70 239,662.70 LESS Accrued Interest at Beginning of Period ( 202,143.38) ( 182,507.63) Interest Earned during Period $ 169,779.91 798,648.06 ADJUSTED by Premiums and Discounts 177.45 4,093.54 ADJUSTED by Capital Gains or Losses 0.00 0.00 ------------------ ------------------ Earnings during Period 169,957.36 $ 802,741.60 Mortgage Backed Securities: Interest Collected $ 0.00 $ . 0.00 PLUS Accrued Interest at End of Period -11,649.30 11,849.30 LESS Accrued Interest at Beginning of Period ( -11,849.30) ( -11,849.30) ------------------ ------------------ 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 Period 0.00 $ 0.00 Cash/Checking Accounts: Interest Collected $ 0.00 $ 1,075,064.72 PLUS Accrued Interest at End of Period 693,334.02 693,334.02 LESS Accrued Interest at Beginning of Period ( 556,166.37) ( 425,045.32) ------------------ ------------------ Interest Earned during Period $ 135,167.65 $ 1,343,353.42 TOTAL Interest Earned during Period $ 304,947.56 $ 2,142,001.48 TOTAL Ajustments from Premiums and Discounts $ 177.45 $ 4,093.54 TOTAL Capital Gains or Losses $ 0.00 $ 0.00 ------------------ ------------------ TOTAL Earnings during Period $ 305,125.01 $ 2,146,095.02 r� RECEIVED FROM � T v AND MADE A PART OF TfiE RECORD AT THE COUNCIL MEETING OF 7—iS-fl- OFFICE OF THE CITY CLERK CONNIE BROCKWAY,CITY CLERK T T --------------- Treasurer's Report-Shari Freidenrich, CPA Investment Policy • Adoption • Goals • Safety, Liquidity, Yield Slide 2 Treasurer's Report-Shari Freidenrich,CPA Portfolio Overview and Trends • Monthly Investment Balances ® Monthly Investment Yields Slide 3 Treasurer's Report-Shari Freidenrich, CPA Monthly Investment Balances =Portfolio Balance in Millions 70- 62 60- so- 40- 30- 20 10 0 Oct Nov. Dec. Jan. Feb. Mar. Apr. May Slide 4 Month Treasurer's Report-Shari Freidenrich, CPA Monthly Investment Yields ® LAW Performance = Actual HB Yield 6.1 6.1 P 6.0 r 5.9 5.8 5.8 ten. c 5.8 :?. e 5.7 <: 5.7 < 6 :'• t 5.5 v .5 >,'. a 9 5.4 <' e 5.3 5.2 Oct. Nov. Dec. Jan. Feb. Mar. Apr. Ma�lide 5 Month Treasurer's Report-Shari Freidenrich, CPA 1996 Portfolio Analysis October- May ® Summary ® Detailed support Slide 6 Treasurer's Report-Shari Freidenrich,CPA Summary - Investment Portfolio Financial Information: May 1996 Description April May Increase Balance $61,818,147$62,185,031 $366,884 Interest / Month$286,559 $305,125 $18,566 Interest Yield 6.06% 5.75% -0.31% Avg Maturity/ Days 298 487 189 End of Month - Cash Balance$996,377 $1,955,446 $959,069 Slide 7 Treasurer's Report-Shari Freidenrich,CPA Summary - Investment Portfolio Individual Investments: May 1996 Investment Amount Policy =Dayslnt.Type May Limit Repurch. Agree $4,500,000 None 1 5.13 Banker Acceptances$1,970,389 25% 25 5.49 Fed. Agcy. Issues$22,177,001 None 1220 6.42 LAIF $26,511,825 $40 Mil 1 5.54 Med Term Notes$7,025,816 20% 444 5.72 Slide 8 Treasurer's Report-Shari Freidenrich, CPA Investment Type Percentage of Total �i •:lr �h:y'•',: >< xx Slide 9 Treasurer's Report-Shari Freidenrich, CPA Issues • State Legislation • Local Agency Investment Fund (LAIF) Meeting Slide 10 A Treasurer's Report-Shari Freidenrich, CPA Summary ® Monthly Treasurer's Report ® Joint Meeting with the Investment Advisory Board (IAB) ® Recommendation to City Council Slide 11 T 9