Loading...
2005 11 09 IABC\i O` 2 I7-1501 (760) 777-7000 FA\ (760) 777-7101 AGENDA INVESTMENT ADVISORY BOARD Study Session Room 78-495 Calle Tampico- La Quinta, CA 92253 November 9, 2005 — 5:30 P.M. I CALL TO ORDER a. Pledge of Allegiance b. Roll Call II PUBLIC COMMENT - (This is the time set aside for public comment on any matter not scheduled on the agenda.) III CONFIRMATION OF AGENDA IV CONSENT CALENDAR Approval of Minutes of Meeting on October 12, 2005 for the Investment Advisory Board. V BUSINESS SESSION A. Transmittal of Treasury Report for September 2005 VI CORRESPONDENCE AND WRITTEN MATERIAL A. Month End Cash Report — October 2005 B. Pooled Money Investment Board Reports — August 2005 VII BOARD MEMBER ITEMS VIII ADJOURNMENT INVESTMENT ADVISORY BOARD Business Session: A Meeting Date: November 9, 2005 ITEM TITLE: Transmittal of Treasury Report for September 30, 2005 BACKGROUND: Attached please find the Treasury Report for September 30, 2005. RECOMMENDATION: Review, Receive and File the Treasury Report for September 30, 2005. ohn M. Falcorier, Finance Director T-i&f 4 64�Qulrw MEMORANDUM TO: La Quinta City Council FROM: John M. Falconer, Finance Director/Treasurer SUBJECT: Treasurer's Report for September 30,2005 DATE: October 31, 2005 Attached is the Treasurer's Report for the month ending September 30, 2005. The report is submitted to the City Council each month after a reconciliation of accounts is accomplished by the Finance Department. The following table summarizes the changes in investment types for the month: Investment Beciinnina Purchased Notes Sold/Matured Other Ending Change Cash (3) $ 14,408,288 (1) $ (14,285,447) $122,841 ($14,285,447)1 LAIF 25,858,208 11,200,000 (2,500,000) 34,558,208 8,700,000 US Treasuries (2) 115,675,363 50,000,000 (2) (57,998,000) (457,672) 107,219,691 (8,455,672) US Gov't Sponsored Enterprises (2) 28,570,797 (2) (19,993) 28,550,804 (19,993) Commercial Paper (2) - 0 0 Corporate Notes - 0 0 Mutual Funds 3,569,020 4,613,109 1 8,182,129 4,613,109 Total $ 188,081,676 $ 65,813,109 $ 74,783,447 $ 477,665 $ 178,633,673 $ 9,448,003)1 I certify that this report accurately reflects all pooled investments and is in compliance with the California Government Code; and is in conformity with the City Investment Policy. As Treasurer of the City of La Quinta, I hereby certify that sufficient investment liquidity and anticipated revenues are available to meet the pools expenditure requirements for the next six months. The City of La Quinta used the Bureau of the Public Debt, U.S. Bank Monthly Statement and the Bank of New York Monthly Custodian Report to determine the fair market value of investments at month end. o/ 3 0" John M. Falconer Date Finance Director[Treasurer Footnote (1) The amount reported represents the net increase (decrease) of deposits and withdrawals from the previous month. (2) The amount reported in the other column represents the amortization of premium/discount for the month on US Treasury, Commercial Paper and Agency investments. (3) The cash account may reflect a negative balance. This negative balance will be offset with transfers from other investments before warrants are presented for payment by the payee at the bank. 2 N C O N N N N N C N C N C N C N C U C O Z O Z C O Z O Z Z Z Z Z Z X W C 0 p = N O N N O O O O O N N J9 OOO J J - w U U M Q a 2 N cn G m Cj � m in O y m m ro c m O N O N O U'1 N QI N N O (O m C C C C O O O O Q m O i o m m ° o E E E E n m o E T N o o 0 0 0 0 0 �0000 �n a O 0 O 0 0 N O 0 .N o o O O m c �.`" 0 m 7 20 o 0 07 C c w � . Q 0 0 0 0 - N N 0 0 0 000 0 0 0 0 0 0 0 0 0 J� a C co 0 0 �p 000 O O O O 0 O 0 O o O rn M Q rn p Z u) N > O e» O o O o O 0 0 0 0 0 O O O O 0 O 0 0 0 0 0 p ! yj Ui O O O O O E O O O O 0 0 0 O O O 0 0 0 0 `n Q aE o 000ILL o N Nz � 0 0 0 0 0 coo O O O O O o 0 0 Z C r .- N O O) � � — Q of <D M M N O � 0 0 0 0 0 0 O o 0 O O O co 0 c 0 O c O o 0 0 O 0 o N O O O O O O M rn O O �o O V O O Q O O l N � N 0 0 0 0 0 N E 0 0 0 0 o 0 0 0 0 0 0 J E w O O O O O O O O O ID O O O O O M N N N O M Z O 0 0 0 0 0 0 Q � � N � � C � O � C L O CO N C O N Z C N � � L Q U J Y L N m o 3 CJ Q= o a U N C W T Z C m Y U O O O T O J C m C m� C O (0 O> o N U O N U O- N N a W m N O. D. O` N N N O 2 N Q O m Q m a)N m N N v N O1 lUl N v Dc L C C E_ 5 o` o ORQ° moo' J 3 p �° Z N O S O& Y C r 3 N 0 N O� N C f6 o o _ o co � U � r m E O d J N N E o u) m mJU'� m ID EE Oo m m Z o E E E� aNi a @ o J O t0 O c z x= E E Z U c O U U7 E o> Q c C � N m C-- (0 70 O U O `O Q N m C C m N E C U m N O o O 0 C > -O a O N O L O) N N O UJ L C N (n O O N N N N E 0W IL lL LL E d O U U O J Z K Q W > C — F- F U U 3 � av LLf Y Y Y Y Y 0 N N N N N N N N U YO 0 0 a 0 0 0 0 0 Y Y Y @� Y Y Y Y Y C C C C C C 0] Co M c] c co MC 0]C m r O N O O O a � N VI ' T N @ o Y M N V N O) a N � 2 � O Q .f 0 0 0 p N 10 O m O O O N N N O N N N N I _ i c v N N 0 0 0 N N0 0 aI E v o o 00000, l0 r Cl) O O O O O O o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6 6 0 0 000 0 O O O CV 0 N N N N� t0 � a @ i i.3 0@ mm�Nrmmo V r m O M m m O N O Q V M m 0 V O V Q; [O r N tD r r O O M N (D Ql Ol � Noomco o_N m,r N> L � d3 D�o�N mrnrMrm mNroNrnaa O C m AND D N m co m O N N m M N N N m p v u `v m a � mrNi cM+rNm r <' Q c M M N Om N r r V� m mc+>vMi�v vMrNi�v' m o oi_m_M ovNimN E >' ro Q � N Efl C O O N O O O O O N (p N N N N N N C Olo = Q W LL LL W LL U)I >>»>> a� a � E v m N o aEi aEi aEi v m aEi ocooc[D .@ x s Y s Y s N E aa' >i>i>i of v 3 3 3 3 3 3 3 3 0 @ N z z D O Z Z Z Z Z Z E O O O O O O O O N > m m m co cc m ccm U o vi ~ EO O O O N O N N =m 'h�m�000 (6 t0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 00 O O O O O O O O O O O O O O O O y N N V N N O m O V O r 0 0 N O N (O v m --rnrnm 0 0 o rn rn rn jl V N N M K V N Q N O O V N O m N O, N pl N V Z, (D QC N v amiomrnvo o @ (h N •S M V � i O Q— — r- — — N N h D D D D D D D E E E E E E E z m 0 0 0 0 . 0 > Y Y Q 0 0 0 0 0 0 0~ }}y}}}>-v F- o z z z z z z z N O O O O O O O Q c~ mmmmmmm a., rn O CD CD C)0 0 0 0 0 0 0 0 0000 0000 0 0 0 0 0000 00000 0 o m o L Q O O O O i O O � O Q m Z C cV U-)O- co O V LO N Z t L o o O O Q (O O O LO LO i a Z t- 00 M M M M O Ln Lr) Li') Lf) u7 LO 0 0 0 0 0 0 LO w N N N N O CD C, N O N N N CO M �_ ti Q) CT O O N O O O O O O O M O) 0 0 0 0 0 0 0 C) 0 _ 0 0 0 0 0 C C—- 10 O O O O O O O M M CL 0 0 0 0 0 0 0 r 'V O O O O r- Lf) O o OC C O O N f LO LO Ln t 'D a c W LL c 6 7 UJ — 0 0 0 wad CL.6FGm O O Z Z O N 0 F- a'F Y U (� @ U 41 o U U) L 7 Q m C U C @ c_ LL 41 C r @ T @ d L 4) N U C U C � m R Z L UCL aci E C LI) � U O E �N.. z C 'j @ N N � oo 7 a C) @ E M 0 O> 4) N @ z �_Qm C °6 7 7 7 7}}} S O F- �- 7 o o CovUU'L c J@ O E Y N_ O O d E N F-- Ft- F- LL LL w 7 i6 QQQ�FO- U u3 0 co 0 7 o C O <O Q m RL CD r- Z M O O) N N O Ln Ln LO LO Lo Lo 0 0 0 0 0 0 y O O O O O O Q Q N M O O M C Z N N M M I� O O O O O O , ti d O O O O O O M LO 0 0 W 0 0 0 c"> co a 'V M O O m O O O N 0 0 0 O M ti co r C �t c0 O"tLo r- a w c m U-'. c � > 7 o 5 a_ a- m m Z Z O O aF-F-1-F- Y (n U) (N6 U L F- U C L U O 0 L C y O y U V7 Z O to > @ u) d E Q 'O S L C 7 7 7 7 F-- F- 7 m 0 0 co LL O c C F E a U U N O E �, U)E Y 0 F- F- F- I- LL U- y ;� cu a 7 O C D t C Z U»»QQ C L U C O O U U, 0 @ U L @ O _U) U C C N C O (D W w E E O 2 C C O p O U) @ m m V O M cD �. Q� r m M 0 v T m �(D mr mrn m V O (`� OmyN !P O O V V m m N N � •- m m mm IDS m N N Q� N NNO n M O! M m m co m V m 0 r m �p m m O M M Ol m m O m In 0 w m T N - m o � m N ID w v� w Ip w N n c 0 p cD M N M r N O M o W O r IL` w Ip w a m M (D m m O v o m m i m O N V N e e In U a` � N V m N w N C 07 � � C in y E N E N C D D D LL LL D D a C O LL E DC O1 C U to N U1 D w OC y' � C _ O D N O N U C U O O N l0 7 LL N a U m O D LL a O N O N Ul U C d N D N LL L.• D LL U. E p v j a> Ucr F' E 4'% L O v It LL LL u W 2) O O` C O a d U A O E L O A O Z A J �E mla��oam--oE�o- kayo —who •� mo aEw— W N Qw- N fU fn N (0 N p (n N (n O E a❑ cD asoacn5c�5aJinr- M �-N w m mNN cD m o m m N rn m rn r v m r M M m M N m O cD ON m r m N M Q> O m M N m «> N r Cf7 City of La Ouinta Reconciliation of Actual and Surplus Funds City, Redevelopment Agency and Financing Authority September 30, 2005 Balance of Actual Funds 178,633,673 Less Petty cash Funds (1,000) Less Non -Surplus Funds (1,129,397) Balance o(Surplus Funds �� $177,503278 City Cash 8lnvestments Bank Accounts Surat, 7yPe Book Name - Availability_ No Checking _ $ 94,576 Wells Fargo- Demand N/A I 1,000 Petty Cash- Demand No Ves I ChecKi�_ 27,265 Wells Fargo Mousin Demand 9 - — rtg 122, 41 Total - Bank Accounts Amortiz�etl U. S. Treasury T 52n Surplus All Funds Surplus Surplus SpiuActual %Yes $Y�Ad �Yes$ 27265000054/ 2126 Yes Surplus L 73,194 4,973, 194 Bank of New York -Demantl Ves U.S. Treasury Note 4, 973. 194 q,942,503 Yes U.S. Treasury Note 4,942,50342,111 Bank of New York - Demand 3,998 733 Bank of New York -Demand Yes U.S. Treasury Note 3,998,73300,943 5,000,943 Bank of New York - Demantl Yes U.S. Treasury Note 5.000,943 4 997 928 Bank of New York - Demand Yes U.S Treasury Note 4,997,92897,920 3,993,205 Bank of NewVork -Demand Ves U.S. Treasury Note 3,993,20593,205 5001,171 Bank of New York -Demantl Yes US. Treas�Not�-5,001,17101, 171 32907.677 Total-U. STreasury 32,907,67707,67i�---- S. Government Sponsored Enterprises _Value _Yes Ad Ves _ Custodian-Availablllt� Surplus Issuer/Type — 5,043,434 5A43.411 5,043.434 Bank of New York � Deman Yes I FNMA 998,380 Bank of New Vork - Demand des FARM CREDIT 1,998,380L 98,380 1'998.532 Sank of New Vork - Demand FHLB 1, 998.53298,532 Bank 0f New York -Demand Yes FHLB 2, 510,82210, 822 2,510,822 984, 527 Bank of New York -Demand Yes FHLB-Discount 1,984,52784,527 17 7,545.417 Bank of New York . Demand Yes FHL Mortgage 7,545 41745,458Bank of New York - DemandYesFARM CREDIT 4,941,35841.358 528334 es FHL Mort a e 2.528, 33428334 __ Bank of New York -Deantl —_ Y ..�_ __ _— ?QC - - 2 50,81 28,550,804 Total- U. S. Government Secuntles _ 28,550.804 All Funds Surplus Actual °o Ves 18.0.219% 1 18.5392— All Funds I Surplus Actual °/ Ves_ lit 15.9829°/ 16,084791. Surplus Surplus Surplus Surplus EFurplus Local Agency Investment Funtl Yes No Ad' No Yes NameAv ablliae Book Yes Yes Stae Pool ,,30,034,82�~29.884,784City-Demand 3,638,603LAIF - RDA Demand VesState Pool 3,fi38,6033638603 .8861 --- —�-- 34,558.208 34,550,208 (1,034,821) 33,523,387 Total - State Pool 117506% 53.5099% 98 O1 6 689 96,018,689 (1,034,821) 94,981,868 Total City Investments Total City Cash 8lnvestments 98,139,530 98,043,954 (1,034,821 95,009,133 95,578 1,034,821 1,130,397 53.8194% 53.5253% Fiscal Agent Investments Surplus Surplus Surplus All F nds S plus plus No A ortzed Su _ Partfal > ty nvest ents Ye _ J No �Ad Ad _ Ves _ _ —L. Actual /° es Custotla Availably S rpl s Issuer/Type Val _ —.— jF u Bill T 9 9,922.919 -T I 922 919 9 922,919 2002 RDA U.S Ba k CP Yes U.S Tre - 2004 Finance Author ty -Clp Yes U.S. Treasury Bill 9, 825,028 9 825,028 24 721 015 825,028 2004 Finance Author ty -CIP Yes U S. Treasury Note 24.721.815 24721,815 29 842 252 - 29,842,252 29,842252 ---�-- — 41.6002%t-41 8652Y _n _ ___ - ye, 1 _ _.—_.— 74, 312014 _004 Fin ce Autherf CIP Yes U.S Treasur Note _ 74,3 2,�14 74 312.614 Toni U S. 'yeas i Portfolo Mutual Funds Stews Trusted -Avaldbiht�___ ._.._I. C'vie Center U S. Bank - Project _ I YES Civic Center U.S-Bank - Debt Svc YES 1994 RDA U.S. Bank Debt Svc YES li 1995 RDA U. S. Bank -CIP YES 1995 RDA U S. Bank - Special Fund YES 2004 Fin Auth - 1995 US Bank - Escrow YES 199E RDA U. S. Bank -CIP I YES 1998 RDA U S. Bank - Dbt Svc YES 1998 RDA U_S. Bank - Special Fund YES 1998RDA U.S-Bank -CIP YES 2001 RDA U.S Bank - Dbt SIC YES 2001 RDA U.S. Bank - CIP YES 2002 RDA U.S. Bank - Dbt Svc YES 2002 RDA U S. Bank - CIP YES 2003 Taxable RDA U.S. Bank - DS YES 2003 Taxable RDA U. S. Bank-CO1 YES 2003 Taxable RDA U. S. Bank-CIP YES 2004 Fin Auth US Bank - CIP YES 2004 Fin Auth US Bank - COI YES Subtotal - Mutual Funtl Total Fiscal Agent Investments Grand Total Ao ey Market Book M t-I Fund _. Value _ 1 stAmenear, - 1MAmerican 509, 393 1st American 1st Amencan 1 sl American I - 1stAmerican 1 st American i 1st American - 1stAmerican i st American - I st American 1s1 American 1st American - istAmerican 3.930,100 1st American - 15t American ' 1 st American - 1st American 3 742,636 1st American Surplus I I Surplus AJ Yes — T 509, 393 1 509, 393 i� 3, 930, 100 III 3.930,100 3,70.2,636 3,742,636 8,182,129 8,182.129 ' Surplus Surplus No —.. 82, 44,141 82494,143 82,494,143 46.1808%, 48.4747°/ 178,633,673 178,538,097 (1,034,121) 177,503,276 95,578 1,034,821 1,130,397 100.0000/ 100.0000°/ yl O to r r LL� pOp M O (D r N fOD r N O ODD cD N M N V. .- Q) �- O r v n r N M w M (D O U U V O r O f- O y r v (O � rn M V e- o 7' V (rnD rn to M r to N M p -, N O N ^ D) W LL w ao A (9 O N rn V O V O mo r Qj p N O O ar0 �- (D r rn p N -o O O rn N D) V V N p) r M O M� U7 M N M pp r W M a o0 O t") LL La) N p r (O co n _ O rn M a0 to a0 ID W p o'cD r W of O N U C �.j O N tP N a0 Q O a0 r rn M O V DNi M DI N O M to to m N u� th N N N U N O M O M tNp N� p p of � tD M tD a� onrn c) ,nvm�m cD Dirp tnMroLn v_ o t0 N n M M M N of .-- N N N r N o a o o ti r A o p M o �- r (Mp O MO ro p O rn N t` N N t` N fD No O O O M M LL a r •- N N (V Z N N O O f� W N ap N r rn O N O rn u N r r y U th m o mm wr r wr 00 r N r m0 LL U tb O M N N (D N u7 M N r M O r N N O O M` O V O rn N N M A rn M O O M M I O V rnr rn Nv o o� m 7 m W rntnoa� tD O a0 r? H M O N I� N. lD Oi QO M N rn M c M a r r N r N ul N M tD O O a r _ M w O N M N r tD � O H } N C E L w > o > c L ~ N- � C N (0 7 N � w N d U c C E X N r C (6 C U A C U N tU U m c J C N ca — C fII m m N Q c= r w A N U t m to C p to U U c C O- N LL N O F- x> Q N O .0 a Y otS a d o. C C y N U O) C C C N H O N N a) a O W N O L c, 0ly X wcna00o� z c� w z A m a A E C E c 0 (D 61 4 U m 16 > a)s .. m O � ti N V � > � O C 3 d u w J U U ED U) N O Q O U a-co 10 o ao e o000 o ao °° I C ap In c0 N= ID O J (O a (D r N = O O V O O� In, InO rn N InN In nj O O O N N M V M cA- 0 0 0 o o f0 0 0 0 0 ° f0 f� O o] V m tin (0) M N (9 V a o 0 0 N IO Cl) V O d' O o a o o a (0 m O of m N LL7 N O O tD LL] ID M V f� _ (D O = W 1� UJ .- I� W to O I� M ,W N f0 O] (n i� M N N N CO N O r- N N N (o 7 M Lf) Q Q N (D V O m r Q .- O Q Q M t0 O m n M Q to In of N N N M N � O '- f- N Ln 0InIn In (D M O O M to a0 W m LL� O m AP (0 m w t0 .- <D V N � M N� In M O `. � (0 O I� r � � m N N u� O> .- M o� 7 N N N N N N = O �- •- N O r- r- N= '- N N In 4 L d o \\ o o J] \\ O O J] M\ O \° \ m V M In J7 0 0 In o N N O to I In L o ID o o M LL LL •- N N N M N N N N N (y (D M M O V � O � � LL O AfJ t` N Q� � O � +- LL IN (n O> o� to IN NN LL M O O Ip r- cp to cD I (O � O In N cD 00 O °J O r O N O r O N (O M O to O f� M r 1� In M M N In C C I N In N N N N N N C In M M 0 O C of (p N O N C M (O QI M N O N— — — C M O O O M In ID N O N N O In = M IN (7 O M to V O .-- to r' O O N O of N M N .- N O 7 M N N .- M ID to (I) IO IU >O >O m InIn n o 0 0 0 >O V of of M M > o 0 0 0 o O N O N mO O > o 0 0 o a O (n 0 Q1 O N In M In > o 0 0 0 O (D O O IN d' V N V M In (D V M O Q> N Z M O O N I?Z O f� O Z M (D cD cD (O (O O In M O N O a 0 0 In V O O N In O N I� O V N M M N In N M N M <n m In I I 10 7 M (D CJ t` N O In O QJ 1� W In t` O (D Q� In m M r- O O O V IN O M M M O N� O V N= (O (O wy N In O mM a)N IO M M M M M �- _ �" In O= '- N N= cn IN V M M M V [O (D (O (D <O J M In ap N� I� M J tt7 to O INJ In In r ti 7^ O� J O O O� O M O In I` O 7 In cl,M N O (D UJ m N Q> In In In V In , N QN In In CJ Q" O '- Q `- O •- Q N IN •- N Q V M M M a m Q (D (O (p <D IO O In M O O M Q� o� I O n t` M M G M K N � AD (D (D In O N N N to N N N N N N E E N N C N N E In N C C N N E E vI N C C N N E E E E E E �' .- N N ✓ N E N N N ti N y y N N L C N @ L y C N m �E y C N mE y C N mN y N mQ E o,E UQ olE UQa aQa U U a N m c N a > N m C N > o c N aQa N > o `�° S N aQN N > o c N m N D p o N— a LT Q CY — a iZ a s O m— m a LT c O m— m N N— O 0 0 0 O O O j, O O O m j, O O O m j, O O O m j, O O O m r C NO m Ol m m C C C m C C_ C C_ �. C C C N .>- `m `m �� C E E N '>" m m m �� C C C N .T m m m �� C E E N '>' `m N C C E (9 o w w w° w w w w w w L N w w w N N N L N w w w@ N N N J= N w w w N N N L N N J@ E N N N L N N N N O N N N L N N .� .� C N N N N N N N N 0 N (6 N N -N C N f9 N O N N .N C N tD (9 l9 f0 O N .� I`I C N (0 N c9 (4 O _ O p N J J J LL J J J J J J f9 J J� T LL J J J 2 LL J J J @ LL l= N •_>• N N C C C K> Q C C C K> Q C C C x> Q C C C K> Q Q Q (n Q J C C C K> Q Q Q Q (!7 Q J C C K Q Q Q Q (n Q _J U= (n Q Q Q (n Q J Q Q Q (n Q J Q Q Q (n Q J Q 11 w aN ,1 a� a) I i _ a E o m I � I f ; � .m [ C/) o C +a` I1t1t° M I N C �I' E I I 'c c p'm �+ Q N LL i e (n 0) C jl E m W LL q + C LL N ,^ C o N ♦ � � U LL0 m !, c i � a S V W J ai AW �.Li - _. C — `; @ o Y p r O 4-Q,c x p L Q (n U ra � s oCD N o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 �L O O O In O O O LO O O O O O O In O p Q Q cri CYi c\i luewad .- o p 12 INVESTMENT ADVISORY BOARD Correspondence & Written Material Item A Meeting Date: November 9, 2005 TITI F- Month End Cash Report — October 2005 BACKGROUND: This cash report is not a complete Treasury Report (exclude petty cash, deferred compensation and fiscal agent balances), but would report in a timely fashion selected cash balances. RECOMMENDATION: Information item only. ohn M. Falconer, Finance Director m 0 O O r 0 cf m v S U) � �j a)C) c0 N of c0 O C` p 2, p W 0 CD 0 M LO N r O M p V M V o p t6 N O N LO 0 0 - CDtO N CDO CD CO cO LO V d. V m O co V M CD cD ^ N N M p Co O CO C,p CO F- (9 C) o V o O o L.-j O I- M LO M o CO V V CD LO _ f� LO r m�0 N LO M r N•- N N o '- n r N V N M V to N c0 CD N .� p Ol CDpp LO M. LOO m p CD CD CD V V LO O M p o C m CDV 'ITn M O Co CD M p tO Ln N Eho onv : vv Loo�rn��v C15 -4 C, Apo O O N O pj N N LO V V N� r 2 m M N LO tO O LO LO > O� W V V M M M cMp r M O O o D p o cO CO D O 6 �_' ID r ID0 O C,r Q co co CC)V co r co co co cD M co CO M c0 M p M M M LL CD M M 00 M M CD C) M O O O O r ro m M M M M O V M O M � f6 U LL N N � N p O O O O O LO M O N O O M M N CY O O ocM Cl) O R co W N .0 :.L N N 0 - O m O Q - O S N N N N M 2 M M M 0 CD CDV p O NcO 0) ID Ln m m M Y CD (.0cM0 N NLr� CDp r o6 u) N r CD to p m O O C) C)0 CO c) C)cD W Lo W N CO 00 2� J N 6 06 N M Cl) LO CC)N N O LO Y O O a)(9 LO co U t6 � m N M L V o m N U \O a) d .0¢ LOp N V1 N N N `= c N m @ CJ 0 C 0 CO 0 O O L O U (U cm (6 C t0 m CO - m N C O ` m N O Cl CD Y U N (6 y E E m E > O L L N iA N 0 0 m m m Z m c a 0 m U o o ¢ m a m 0 Q > m C fl W Q a Q W Q (n O Z o LL Q r w N N U � N � N U N O U L � D UJ N 0 > � C U w _0 _00 N O_ O O C L U N L @ F U � m m � O U co m O O U O D � Q m C O N E T � m 0 0 . > o C G O 0 N 2-o N 0 J O O -O C U N O C O N QL. U T O � � Q � O U a o m O O .0 d E N Ll C m o T � U L N N U N N w o 7 E 0 N O O O_ N Qmj '� rn N C N O co a� E _T O N L > C .0 m _� o N a E m O. O N to U C m C O U N' o C 6 O Q O 4 C E m T v d o m m O C a N 3 a)o O N d O p U O N C C O N C N .N LL � LL F H E X N m E cu O - � m O N m � E °- U O O C @ 2 Phil Angelides, State Treasurer Inside the State Treasurer's Office Local Agency Investment Fund LAIF PMIA Performance Report Date Daily Yield .: Quarter to Date Yield Average Maturity (in days) 10/13/2005 3.44 3.42 179 10/14/2005 3.45 3.42 181 10/15/2005 3.45 3.42 181 10/16/2005 3.45 3.42 181 10/17/2005 3.45 3.43 177 10/18/2005 3.45 3.43 178 10/19/2005 3.46 3.43 176 10/20/2005 3.46 3.43 176 10/21/2005 3.49 3.43 184 10/22/2005 3.49 3.43 184 10/23/2005 3.49 3.43 184 10/24/2005 3.49 3.44 181 1012512005 3.49 3.44 178 �10/2-G/2005� L-._.8 3.50 3.44 17 0 LAIF Performance Report Quarter Ending 9/30/05 Apportionment Rate: 3.18% Earnings Ratio: .00008712246785713 Fair Value Factor: .99708304 PMIA Average Monthly Effective Yields September 2005 3.324% August 2005 3.179% July 2005 3.083% Pooled Money Investment Account Portfolio Composition $52.2 Billion 9/30/05 Reverses Loans -0.19% 9.10% Corporate Bonds 1.96% Commercial Paper 15.71 % Time Deposits 14.31 % Treasuries 9.38% Mortgages 0.92% Agencies 25.29% 3 Bureau of the Public Debt : Recent Treasury Bill Auction Results Page 1 of Recent Treasury Bill Auction Results Price Issue Maturity Discount Investment per CUSIP Term Date Date Rate °/, Rate % $100 91-DAY 11-03-2005 02-02-2006 3.890 3.983 99.016694 912795WM9 182-DAY 11-03-2005 05-04-2006 4.125 4.271 97.914583 912795XA4 29-DAY 10-27-2005 11-25-2005 3.635 3.696 99.707181 912795WB3 91-DAY 10-27-2005 01-26-2006 3.850 3.942 99.026806 912795WL1 182-DAY 10-27-2005 04-27-2006 4.065 4.208 97.944917 912795WZO 28-DAY 10-20-2005 11-17-2005 3.520 3.579 99.726222 912795WA5 91-DAY 10-20-2005 01-19-2006 3.785 3.875 99.043236 912795WK3 182-DAY 10-20-2005 04-20-2006 4.015 4.155 97.970194 912795WY3 28-DAY 10-13-2005 11-10-2005 3.460 3.518 99.730889 912795VZ1 91-DAY 10-13-2005 01-12-2006 3.630 3.714 99.082417 912795WJ6 182-DAY 10-13-2005 04-13-2006 3.950 4.086 98.003056 912795WX5 11-DAY 10-06-2005 10-17-2005 3.500 3.552 99.893056 912795TQ4 28-DAY 10-06-2005 11-03-2005 3.295 3.349 99.743722 912795VY4 91-DAY 10-06-2005 01-05-2006 3.525 3.606 99.108958 912795WHO 182-DAY 10-06-2005 04-06-2006 3.870 4.002 98.043500 912795WW7 28-DAY 09-29-2005 10-27-2005 3.150 3.202 99.755000 912795VX6 91-DAY 09-29-2005 12-29-2005 3.440 3.518 99,130444 912795WG2 182-DAY 09-29-2005 03-30-2006 3.745 3.870 98.106694 912795WV9 28-DAY 09-22-2005 10-20-2005 3.210 3.263 99.750333 912795VW8 91-DAY 09-22-2005 12-22-2005 3.495 3.575 99.116542 912795WF4 182-DAY 09-22-2005 03-23-2006 3.715 3.839 98.121861 912795WUI 28-DAY 09-15-2005 10-13-2005 3.230 3.283 99.748778 912795VVO 91-DAY 09-15-2005 12-15-2005 3.450 3.529 99.127917 912795WE7 182-DAY 09-15-2005 03-16-2006 3.670 3.791 98.144611 912795WT4 6-DAY 09-08-2005 09-14-2005 3.450 3.500 99.942500 912795TP6 28-DAY 09-08-2005 10-06-2005 3.245 3.298 99.747611 912795VU2 91-DAY 09-08-2005 12-08-2005 3.435 3.513 99.131708 912795WD9 182-DAY 09-08-2005 03-09-2006 3.570 3.686 98.195167 912795WS6 13-DAY 09-02-2005 09-15-2005 3.470 3.523 99.874694 912795VR9 14-DAY 09-01-2005 09-15-2005 3.470 3.523 99,865056 912795VR9 28-DAY 09-01-2005 09-29-2005 3.395 3.451 99.735944 912795VT5 91-DAY 09-01-2005 12-01-2005 3.495 3.575 99.116542 912795WCI 182-DAY 09-01-2005 03-02-2006 3.705 3.828 98.126917 912795WR8 28-DAY 08-25-2005 09-22-2005 3.275 3.329 99.745278 912795VS7 92-DAY 08-25-2005 11-25-2005 3.460 3.539 99.115778 912795WB3 182-DAY 08-25-2005 02-23-2006 3.690 3.812 98.134500 912795WQO 28-DAY 08-18-2005 09-15-2005 3.260 3.314 99.746444 912795VR9 91-DAY 08-18-2005 11-17-2005 3.470 3.549 99.122861 912795WA5 4 i�ttt�.`�wwws.pubIicdebt.treas.gov/AI/OFB111S 11/1/200 Bureau of the Public Debt : Recent Treasury Bill Auction Results Page 2 of 182-DAY 08-18-2005 02-16-2006 3.705 3.828 98.126917 912795WP2 28-DAY 08-11-2005 09-08-2005 3.330 3.385 99.741000 912795VQ1 Effective with the 11/2/98 auction, all bills are auctioned using the single -priced method. Return to Auction Information Page Privacy & Security Notices l Terms &_Conditions l Accessibility l Data Quality Last Updated November 1, 2005 10:54:57 AM EST 5 )ittp://wwws.publ1cdebt.treas.gov/AI/OFBills 11/1 /20C FR13:Commercial Paper Rates and Outstandings Page 1 of Federal Reserve Release Colinimercial Paper Release I About I Outstandings I Historical discount rates I Historical outstandings I Year End Data as of October 28, 2005 Commercial Paper Rates and Outstandings Derived from data supplied by The Depository Trust Company Trade data insufficient to support calculation of the 90-day AA nonfinancial rate(s) for October 28, 2005 . Posted October 31, 2005 ilicrnnnt rntvc ETrm AA financial AA nonfinancial A2/P2 nonfinancial 1-day 3.89 3.90 3.98 --- ] F=3 7-d.ay 3.95 3.95 4.11 p 5-day 3.97 3.96 4.12 !-,Io-(Iay 4.00 3.98 4.11 f►(1-day 4.07 4.00 4.24 =�O-day 4.15 ND 4.21 Yield curve Nionev market basis Financial A 2/P2 1 7 15 30 Days to Maturity ZE Percent 4.5 90 43 4,i 39 6 I�1t�� www.federalreserve.gov/Releases/CP/ 11/1/200 FRB:Commercial Paper Rates and Outstandings Page 2 of Discount rate spread Basis pollits I20 100 0 60 40 20 0 2001 2(H)2 21M 3 2004 2M5 Discount rate history Percent 4 3 1) [c 2M 1 2M2 2(x)3 2(X)4' 2)M5 Outstandings Weekly (Wednesday), seasonally adjusted rttlp:! www.federalreserve.gov/Releases/CP/ 7 11/ 1 /20C FRB:Commercial Paper Rates and Outstandings Page 3 of Billiows of dollars 1510 14SO 1450 { 420 1390 1360 1330 1300 1270 124fi ►210 1IS0 I I Sft — — — Nonfinancial 4riuht 4'Cal�n ,5 'e t y}�"kI f�, S"¢i �Ja' -14 2001 2(;t)2. ) W3 2(X)4 Billiorls of dollars 290 F 250 i i f, 210 t t l� r ''tf 170 -- 130 90 2005 'I'hr daily commercial paper release will usually be available before 11:00am EST. However, the Federal Resery makes no guarantee regarding the timing of the daily commercial paper release. When the Federal Reserve is (Josed on a business day, yields for the previous business day will appear in the historical discount rates_ table. This policy is subject to change at any time without notice. Commercial paper outstanding Commercial paper outstanding, miscellaneous categories Volume_ Statistics_2005 :_Q3_ Release I About I Outstandinfs I Historical .discount _rates I Historical o_utstandings I Year End l lomc Statistical releases Accessibility) Contact Us Last update: October 31, 2005 1 n p. /. www.federalreserve.gov/Releases/CP/ 8 11/1/200 FR13: 1-4.15--Se1ected Interest Rates, Web -Only Daily update --October 28, 2005 Page 1 of Federal Reserve Statistical Release Selected Interest Rates (Daily) , AT, t„ c mlt(111 Release Date: October 28, 2005 \Veel:ly release dates and announcements I Historical data I About Daily update Otherformats: Screen reader I ASCU The weekly release is posted on Monday. Daily updates of the weekly release are posted Tuesday through Frida �[.l5 DAILY UPDATE: WEB RELEASE ONLY For use at 4:15 p.m. Eastern Time TED INTEREST RATES October 28, 2005 Yields in percent per annum 2005 2005 2005 2005 Oct Oct Oct Oct 1rsi.ruments 24 25 26 27 funds (effective) 1 2 3 3.76 3.74 3.75 3.85 ,rcial paper 3 4 5 Pionfinancial 1-month 3.90 3.92 3.98 3.99 2-month 3.92 4.00 4.03 3-month 4.04 4.06 4.06 i_nancial 1-month 3.94 3.95 3.98 3.96 2-month 3.98 4.02 4.04 4.05 3-month 4.10 4.11 4.13 4.13 isecondary market) 3 6 -month 4.01 4.02 4.02 4.04 3-month 4.17 4.18 4.19 4.20 6-month 4.34 4.36 4.38 4.41 F'.ur_,dollar deposits (London) 3 7 1-month 3.99 4.00 4.01 4.03 3-month 4.14 4.15 4.15 4.19 6-month 4.32 4.33 4.37 4.38 [�,inl<_ prime loan 2 3 8 6.75 6.75 6.75 6.75 unt window primary credit 2 9 4.75 4.75 4.75 4.75 government securities '1'reasury bills (secondary market) 3 4 4-week 3.40 3.65 3.64 3.65 3-month 3.84 3.84 3.81 3.79 6-month 4.06 4.07 4.07 4.06 Treasury constant maturities Nominal 10 1-month 3.51 3.71 3.70 3.72 3-month 3.92 3.93 3.90 3.88 6-month 4.20 4.21 4.21 4.20 1-year 4.22 4.26 4.27 4.26 2-year 4.25 4.34 4.38 4.36 3-year 4.28 4.36 4.42 4.39 5-year 4.32 4.41 4.46 4.43 7-year 4.37 4.46 4.52 4.49 10-year 4.45 4.54 4.60 4.57 n r \�\NW.federalreserve.gov/Releases/H15/update/ 11/1//20C FRB: H.15--Selected Interest Rates, Web -Only Daily Update --October 28, 2005 Page 2 of 20-year 11 Inflation -indexed 12 5-year 7-year 10-year 20-year Inflation -indexed long-term average 13 Interest rate swaps 14 1-year 2-year 3-year 4-year 5-yeas 7-year 10-year 30-year Corporate bonds Moody's seasoned Aaa 15 Baa Slate & local bonds 16 Conventional mortgages 17 overleaf for footnotes 4.74 4.80 4.87 4.84 1.71 1.81 1.84 1.81 1.84 1.94 1.96 1.93 1.93 2.05 2.06 2.01 2.11 2.18 2.21 2.15 2.07 2.14 2.17 2.11 4.59 4.61 4.68 4.66 4.65 4.69 4.78 4.75 4.69 4.73 4.84 4.81 4.72 4.76 4.88 4.85 4.75 4.80 4.92 4.89 4.81 4.85 4.98 4.96 4.89 4.93 5.07 5.05 5.12 5.15 5.29 5.27 5.33 5.38 5.47 5.44 6.30 6.35 6.44 6.41 4.56 6.15 FOOTNOTES 1. The daily effective federal funds rate is a weighted average of rates on brokered trades. ?. Weekly figures are averages of 7 calendar days ending on Wednesday of the current week; monthly figures include each calendar day in the month. Annualized using a 360-day year or bank interest. 4. On a discount basis. Interest rates interpolated from data on certain commercial paper trades settled by The Depository Trust Company. The trades represent sales of commercial paper by dealers or direct issuers to investors (that is, the offer side). The 1-, 2-, and 3-month rates are equivalent to the 30-, 60-, and 90-day dates reported on the Board's Commercial Paper Web page (www.federalreserve.gov/releases/cp). 6. An average of dealer bid rates on nationally traded certificates of deposit. %. Bid rates for Eurodollar deposits collected around 9:30 a.m. Eastern time. Rate posted by a majority of top 25 (by assets in domestic offices) insured U.S.-chartered commercial banks. Prime is one of several base rates used by banks to price short-term business loans. 9. The rate charged for discounts made and advances extended under the Federal Reserve's primary credit discount window program, which became effective January 9, 2003. This rate replaces that for adjustment credit, which was discontinued after January 8, 2003. For further information, see 10 http://www.federalreserve.gov/Releases/H 15/update/ 11 / I /200 FRB: H.15--Selected Interest Rates, Web -Only Daily Update --October 28, 2005 Page 3 of www.federaireserve.gov/boar.ddocs/press/bcreg/2002/200210312/default.htm. The rate reported is that for the Federal Reserve Bank of New York. Historical series for the rate on adjustment credit is available at www.federalreserve.gov/releases/hl5/data.htm. 10. Yields on actively traded non -inflation -indexed issues adjusted to constant maturities. Source: U.S. Treasury. �1. A factor for adjusting the daily nominal 20-year constant maturity in order to estimate a 30-year rate can be found at www.treas.gov/offices/domestic-finance/debt-management/interest-rate/ttcompositeinde 1'). Yields on Treasury inflation protected securities (TIPS) adjusted to constant maturities. Source: U.S. Treasury. Additional information on both nominal and inflation -indexed yields may be found at www.treas.gov/offices/domestic-finance/debt-management/interest-rate/irldex.ht:mi. 15. Based on the unweighted average bid yields for all Inflation Protected Securities with remaining terms to maturity of more than 10 years. t,l. Tnternational Swaps and Derivatives Association (ISDA(R)) maid -market par swap rates. Rates are for a Fixed Rate Payer in return for receiving three month LIBOR, and are based on rates collected at 11:00 a.m. Eastern time by Garban Intercapital plc and published on Reuters Page ISDAFIX(R)1. ISDAFIX is a registered service mark of ISDA. Source: Reuters Limited. 1`). Moody's Aaa rates through December 6, 2001 are averages of Aaa utility and Aaa industrial bond rates. As of December 7, 2001, these rates are averages of Aaa industrial bonds only. Bond Buyer Index, general obligation, 20 years to maturity, mixed quality; Thursday quotations. 1'. Contract interest rates on commitments for fixed-rate first mortgages. Source: FHLMC. DESCRIPTION OF THE TREASURY NOMINAL AND INFLATION -INDEXED CONSTANT MATURITY SERIES ids on Treasury nominal securities at "constant maturity" are interpolated by the U.S. Treasury from the daily yield curve for ju n-i-nflation-indexed Treasury securities. This curve, which relates c yield on a security to its time to maturity, is based on the losing market bid yields on actively traded Treasury securities in the over-the-counter market. These market yields are calculated from ornposites of quotations obtained by the Federal Reserve Bank of New York. The constant maturity yield values are read from the yield curve Lt fixed maturities, currently 1, 3 and 6 months and 1, 2, 3, 5, 7, 10 d 20 years. This method provides a yield for a 10-year maturity, for example, even if no outstanding security has exactly 1.0 years remaining io maturity. Similarly, yields on inflation -indexed securities at ,onstant maturity" are interpolated from the daily yield curve for `r(�-asury inflation protected securities in the over-the-counter market. The inflation -indexed constant maturity yields are read from this yield -urve at fixed maturities, currently 5, 7, 10, and 20 years. Weekly release dates and announcements I Historical data I About Daily update Other formats: Screen reader I ASC_I_I statistical releases t ko c I Economic research and d_ata lucssibility I Contact 11 I)ilp:///www.federalreserve.gov/Releases/HI5/update/ 11 / 1 /200 FRB:: H.15--Selected Interest Rates, Web -Only Daily Update --October 28, 2005 Page 4 of Last update: October 28, 2005 12 ltttp://www.federalreserve.gov/Releases/H 15/update/ I I /1 /20C 0 N U` J N _T m U xS (7 a U N m � v a m � Q) n O 4J N lfJ 7 M (D CD N m O m r N N V l0 In h to of Lo r V M of CD O oo to (D O O m O O CO N CO O O N O N O U O N (A >u) of m O O CO m h r N r (0 7 N O M V �- O tD O F m O CO m O f- Lo Co V h O N O of N 0 O Ln Lo u O N 't V CO N O m DA h O M V N m M T N N O U -O a C - N N U N aQ iI-J m Ln M M N O O O I� Ln oo m of O O CD m N t` m O Cl) CND CD lA ON O O co m � (D .N- O m Dl I� L U ID Nm a (0 O a� O Z V O O M 7 w V e- C' O m of O lO to '7 tD to M "t V m W m O N M N M o� N O m f � of M O O (D f- m r !� O (n 7 O m !� f� V M t� m d' co (D V' (fJ r m v M CO N Cl) co O V r O V H M co N O d' Q O N O M m cl 'tV to N O oq O r N N N m co N N m M L C O c o L U. o E L H N d � � o a M � N n Z Z F W W J .�. O = a } W W W W O F- N T O U (6 C (T U Lu U } J U U O W' > c c (D m z > F W Q Q O x m co cm .� °' x w w LL}w a0 aQF n W J O1c � w n-r- a a�i a �p anwm}��OY Ju)Q N �.o O 'O a) rn Z�Y� aS LL F-O~ZOmaC7 �O m n �LL ,. U a a ( �JwzLu0cnZ�tZLU,a0 x > m O x LL Z x .. U H a J U Z U Z U W LL. S U r OH aNi j U) d W O Q W UZO�� Ja~ WZ I-Z (o a m n a) I y F° d Z} a m g m 0> z a o LL- H o m r> a m c 9 o m O a W W O- D O O O? OQ_ L-u g QC 00 OH Z Z W 0 000ULL_mdUa_ W Z(n Q(nLL a a�(n 13 INVESTMENT ADVISORY BOARD Meeting Date: November 9, 2005 TITLE: Pooled Money Investment Board Report for August 2005 BACKGROUND: Correspondence & Written Material Item B The Pooled Money Investment Board Report for August 2005 is included in the agenda packet. RECOMMENDATION: Receive & File John M. FOIconer, Finance'Director Phil Angelides Treasurer State of California August 2005 STATE OF CALIFORNIA STATE TREASURER'S OFFICE POOLED MONEY INVESTMENT BOARD REPORT August 2005 TABLE OF CONTENTS SUMMARY................................................................. 01 SELECTED INVESTMENT DATA .................................... 02 PORTFOLIO COMPOSITION ........................................ 03 INVESTMENT TRANSACTIONS ..................................... 04 TIME DEPOSITS........................................................ 17 BANK DEMAND DEPOSITS .......................................... 30 POOLED MONEY INVESTMENT BOARD DESIGNATION... 31 POOLED MONEY INVESTMENT ACCOUNT SUMMARY OF INVESTMENT DATA A COMPARISON OF AUGUST 2005 WITH AUGUST 2004 (DOLLARS IN THOUSANDS) AUGUST 2005 AUGUST 2004 CHANGE Average Daily Portfolio $ 52,830,344 $ 50,462,951 $ +2,367,393 Accrued Earnings $ 142,635 $ 71,670 $ +70,965 Effective Yield 3.179 1.672 +1.507 Average Life -Month End (In Days) 183 193 -10 Total Security Transactions Amount $ 21,682,046 $ 14,704,996 $ +6,977,050 Number 448 314 +134 Total Time Deposit Transactions Amount $ 3,549,500 $ 2,757,600 $ +791,900 Number 150 138 +12 Average Workday Investment Activity $ 1,097,024 $ 793,754 $ +303,270 Prescribed Demand Account Balances For Services $ 356,107 $ 817,056 $ -460,949 For Uncollected Funds $ 188,755 $ 132,315 $ +56,440 1 PHIL ANGELIDES TREASURER STATE OF CALIFORNIA INVESTMENT DIVISION SELECTED INVESTMENT DATA ANALYSIS OF THE POOLED MONEY INVESTMENT ACCOUNT PORTFOLIO (000 OMITTED) TYPE OF SECURITY Government Bills Bonds Notes Strips Total Government Federal Agency Coupons Certificates of Deposit Bank Notes Bankers' Acceptances Repurchases Federal Agency Discount Notes Time Deposits GNMAs Commercial Paper FHLMC/Remics Corporate Bonds AB 55 Loans GF Loans Reversed Repurchases Total (All Types) INVESTMENT ACTIVITY Pooled Money Other Time Deposits Totals PMIA Monthly Average Effective Yield Year to Date Yield Last Day of Month August 31, 2005 DIFFERENCE IN PERCENT OF PERCENT OF PORTFOLIO FROM AMOUNT PORTFOLIO PRIOR MONTH $ 2,968,395 0 4,021,727 0 $ 6,990,122 $ 7,410,440 10,370,119 900,000 0 0 6,417,348 7,355,495 312 5,483,959 502,969 1,083,884 5,087,167 0 (397,475) $ 51,204,340 AUGUST 2005 NUMBER AMOUNT 448 $ 21,682,046 6 144,281 150 3,549,500 604 $ 25,375,827 3.179 3.130 2 5.80 0.00 7.85 0.00 13.65 14.47 20.26 1.76 0.00 0.00 12.53 14.36 0.00 10.71 0.98 2.13 9.93 0.00 (0.78) 100.00 JULY 2005 +1.30 0.00 -0.18 0.00 +1.12 +0.99 -0.35 -0.71 0 0 -1.27 +0.59 0 +0.58 -0.01 -0.27 +0.11 0 +.78 NUMBER AMOUNT 428 $ 18,728,973 12 133,941 146 4,221,190 586 $ 23,084,104 3.083 3.083 Pooled Money Investment Account Portfolio Composition $51.2 Billion Corporat( 2.12 Commercial Pap( 10.71 % Time DepositE 14.36% 8/31 /05 Reverses Loans _0 78% Treasuries a ago/ , 000/ CDs/BNs 22.02% 9 jages 8% Agencies 27.00% 'DOLED MONEY INVESTMENT'ACCOUNT d/ a/ A/ MATURITY TRANS PAR DAYS AMOUNT EFFECTIVE DATE TYPE DESCRIPTION DATE YIELD ''. 000 HELD EARNED YIELD 08/01/05 REDEMPTIONS CB BANC ONE 7.625% 08/01/05 2.655 $20,105 255 $385,775.74 2.656 CB BANC ONE 7.625% 08/01/05 2.110 30,000 731 1,194,112.50 2.049 CB BANC ONE 7.625% 08/01/05 1.440 15,000 776 495,441.67 1.380 CP W/F 08/01/05 3.220 50,000 3 13,416.67 3.266 CP W/F 08/01/05 3.220 50,000 3 13,416.67 3.266 CP W/F 08/01/05 3.220 50,000 3 13,416.67 3.266 CP W/F 08/01/05 3.220 50,000 3 13,416.67 3.266 CP W/F 08/01/05 3.220 50,000 3 13,416.67 3.266 CP GECC 08/01/05 3.280 50,000 3 13,666.67 3.326 CP GECC 08/01/05 3.280 50,000 3 13,666.67 3.326 CP GECC 08/01/05 3.280 50,000 3 13,666.67 3.326 CP GECC 08/01/05 3.280 50,000 3 13,666.67 3.326 CP GECC 08/01/05 3.280 50,000 3 13,666.67 3.326 CP GECC 08/01/05 3.280 50,000 3 13,666.67 3.326 08/01/05 PURCHASES CP GECC 08/02/05 3.280 50,000 CP GECC 08/02/05 3.280 50,000 CP GECC 08/02/05 3.280 50,000 CP GECC 08/02/05 3.280 50,000 CP GECC 08/02/05 3.280 50,000 CP GECC 08/02/05 3.280 50,000 CP GECC 08/02/05 3.280 50,000 CP GECC 08/02/05 3.280 50,000 CP TOYOTA 08/08/05 3.250 50,000 CP TOYOTA 08/08/05 3.250 50,000 CP TOYOTA 08/09/05 3.250 50,000 CP CITIGROUP 08/10/05 3.280 50,000 CP CITIGROUP 08/10/05 3.280 50,000 08/02/05 REDEMPTIONS BN WORLD 3.100% 08/02/05 3.100 50,000 96 413,827.54 3.143 BN WORLD 3.090% 08/02/05 3.090 50,000 117 502,125.00 3.133 BN WORLD 3.090% 08/02/05 3.090 50,000 117 502,125.00 3.133 BN WORLD 3.090% 08/02/05 3.090 50,000 117 502,125.00 3.133 BN WORLD 3.090% 08/02/05 3.090 50,000 117 502,125.00 3.133 CP GECC 08/02/05 3.280 50,000 1 4,555.56 3.326 CP GECC 08/02/05 3.280 50,000 1 4,555.56 3.326 CP GECC 08/02/05 3.280 50,000 1 4,555.56 3.326 CP GECC 08/02/05 3.280 50,000 1 4,555.56 3.326 CP GECC 08/02/05 3.280 50,000 1 4,555.56 3.326 CP GECC 08/02/05 3.280 50,000 1 4,555.56 3.326 CP GECC 08/02/05 3.280 50,000 1 4,555.56 3.326 CP GECC 08/02/05 3.280 50,000 1 4,555.56 3.326 CP GECC 08/02/05 3.050 50,000 105 444,791.67 3.120 CP GECC 08/02/05 3.050 50,000 105 444,791.67 3.120 CP GECC 08/02/05 3.050 50,000 105 444,791.67 3.120 CP GECC 08/02/05 3.050 50,000 105 444,791.67 3.120 4 POOLED MONEYINVESTMENT ACCOUNT dl _ a/ a/'MATURITY TRANS PAR DAYS AMOUNT EFFECTIVE DATE TYPE DESCRIPTION DATE YIELD 000 HELD EARNED YIELD 08/02/05 REDEMPTIONS (continued) CID BEAR 08/02/05 3.020 50,000 118 494,944.44 3.093 CID BEAR 08/02/05 3.020 50,000 118 494,944.44 3.093 DISC NOTES FHLMC 08/02/05 2.945 50,000 152 621,722.22 3.023 DISC NOTES FHLMC 08/02/05 2.945 50,000 152 621,722.22 3.023 08/02/05 PURCHASES CID COUNTRY 09/01/05 3.500 16,000 CID COUNTRY 09/01/05 3.500 50,000 CID NISSAN 09/01/05 3.530 33,964 08/03/05 REDEMPTIONS CD CHASE 3.280% 08/03/05 3.280 50,000 34 154,888.89 3.326 CD CHASE 3.280% 08/03/05 3.280 50,000 34 154,888.89 3.326 CD WA MU, FA 3.130% 08/03/05 3.130 50,000 97 421,680.56 3.173 CD WA MU, FA 3.130% 08/03/05 3.130 50,000 97 421,680.56 3.173 CD ABN AMRO 3.065% 08/03/05 3.060 50,000 119 505,758.28 3.102 CD ABN AMRO 3.065% 08/03/05 3.060 50,000 119 505,758.28 3.102 CID COUNTRY 08/03/05 3.300 50,000 34 155,833.33 3.356 08/03/05 PURCHASES CID GE CO 09/01/05 3.440 50,000 CP GE CO 09/01/05 3.440 50,000 CID GE CO 09/01/05 3.440 50,000 CID GE CO 09/01/05 3.440 50,000 CID COUNTRY 09/01/05 3.500 50,000 TREAS BILLS 09/01/05 3.270 50,000 TREAS BILLS 09/01/05 3.270 50,000 TREAS BILLS 09/01/05 3.270 50,000 TREAS BILLS 09/01/05 3.270 50,000 08/04/05 NO REDEMPTIONS 08/04/05 PURCHASES AGENCY FHLB 4.000% 02/02/07 4.240 50,000 CD ANZ 3.820% 01/03/06 3.820 50,000 CD ANZ 3.820% 01/03/06 3.820 50,000 CD UBS 3.860% 01/27/06 3.850 50,000 CD UBS 3.860% 01/27/06 3.850 50,000 CD CALYON 3.870% 01/27/06 3.870 50,000 CID COUNTRY 09/01/05 3.520 50,000 CID COUNTRY 09/01/05 3.520 50,000 CID GECC 01/03/06 3.760 50,000 CID GECC 01/03/06 3.760 50,000 CID GECC 01/03/06 3.760 50,000 CID GECC 01/03/06 3.760 50,000 CID GECC 01/03/06 3.760 50,000 5 POOLED MONEY` INVESTMENT ACCC DATE TYPE DESCRIP 08/04/05 PURCHASES (continued) CP GECC TREAS BILLS TREAS BILLS TREAS BILLS TREAS BILLS 08/05/05 REDEMPTIONS CP B/A CP B/A CP B/A 08/05/05 PURCHASES TREAS BILLS TREAS BILLS TREAS BILLS TREAS BILLS 08/08/05 REDEMPTIONS CD CHASE CD CHASE CD CIBC CD CIBC CP TOYOTA CP TOYOTA CP B/A CP B/A 08/08/05 PURHASES CP GECC CP GECC CP GECC 08/09/05 REDEMPTIONS CP GECC CP GECC CP GECC CP TOYOTA CP B/A CP B/A 08/09/05 PURCHASES AGENCY FHLB AGENCY FHLB AGENCY FHLB dl a/ MATURITY TRANS PAR DATE YIELD (000) 01/03/06 3.760 50,000 09/01/05 3.268 50,000 09/01/05 3.268 50,000 09/01/05 3.268 50,000 09/01/05 3.268 50,000 C EFFECTIVE YIELD` 08/05/05 3.090 20,000 120 206,000.00 3.166 08/05/05 3.090 50,000 120 515,000.00 3.166 08/05/05 3.090 50,000 120 515,000.00 3.166 09/01/05 3.280 50,000 09/01/05 3.280 50,000 09/01/05 3.280 50,000 09/01/05 3.280 50,000 3.280% 08/08/05 3.280 50,000 39 177,666.67 3.326 3.280% 08/08/05 3.280 50,000 39 177,666.67 3.326 3.070% 08/08/05 3.070 50,000 124 528,722.22 3.113 3.070% 08/08/05 3.070 50,000 124 528,722.22 3.113 08/08/05 3.250 50,000 7 31,597.22 3.297 08/08/05 3.250 50,000 7 31,597.22 3.297 08/08/05 3.090 50,000 123 527,875.00 3.166 08/08/05 3.090 50,000 123 527,875.00 3.166 08/09/05 3.490 50,000 08/09/05 3.490 50,000 08/09/05 3.490 50,000 08/09/05 3.490 50,000 1 4,847.22 3.539 08/09/05 3.490 50,000 1 4,847.22 3.539 08/09/05 3.490 50,000 1 4,847.22 3.539 08/09/05 3.250 50,000 8 36,111.11 3.298 08/09/05 3.090 50,000 124 532,166.67 3.167 08/09/05 3.090 50,000 124 532,166.67 3.167 3.750% 01/16/07 4.300 50,000 4.000% 01/23/07 4.300 50,000 4.000% 02/02/07 4.281 50,000 6 POOLED MONEY INVESTMENT ACCOUNT dl a/ a/'MATURITY TRANS PAR DAYS AMOUNT EFFECTIVE` DATE TYPE DESCRIPTION DATE YIELD 000 HELD EARNED YIELD 08/09/05 PURCHASES (continued) AGENCY FHLB 4.000% 02/02/07 4.290 50,000 CID FCAR 08/10/05 3.470 50,000 CID FCAR 08/10/05 3.470 50,000 CID FCAR 08/10/05 3.470 50,000 08/10/05 REDEMPTIONS CID FCAR 08/10/05 3.470 50,000 1 4,819.44 3.519 CID FCAR 08/10/05 3.470 50,000 1 4,819.44 3.519 CID FCAR 08/10/05 3.470 50,000 1 4,819.44 3.519 CID CITIGROUP 08/10/05 3.280 50,000 9 41,000.00 3.328 CID CITIGROUP 08/10/05 3.280 50,000 9 41,000.00 3.328 CID MORG STAN 08/10/05 3.140 50,000 97 423,027.78 3.211 08/10/05 PURCHASES CD ABN AMRO 3.880% 01/27/06 3.880 50,000 CD ABN AMRO 3.880% 01/27/06 3.880 50,000 CD RABO 3.880% 01/27/06 3.880 50,000 CD RABO 3.880% 01/27/06 3.880 50,000 CD RABO 3.880% 01/27/06 3.880 50,000 CD US BANK 3.920% 01/27/06 3.920 50,000 CD US BANK 3.920% 01/27/06 3.920 50,000 CID GECC 08/11/05 3.440 50,000 CID GECC 08/11/05 3.440 50,000 08/11/05 RRS TREAS BILLS TREAS BILLS TREAS BILLS 08/11/05 REDEMPTIONS 12/01/05 3.250 50,000 12/01/05 3.250 50,000 12/01/05 3.250 50,000 CID GECC 08/11/05 3.440 50,000 1 4,777.78 3.488 CID GECC 08/11/05 3.440 50,000 1 4,777.78 3.488 CID AMER EXP 08/11/05 3.230 50,000 42 188,416.67 3.287 CID AMER EXP 08/11/05 3.230 50,000 42 188,416.67 3.287 CID AMER EXP 08/11/05 3.230 50,000 42 188,416.67 3.287 08/11/05 PURCHASES cl/ CID JP MORGAN CID JP MORGAN CID JP MORGAN 08/11/05 PURCHASES AGENCY FHLMC CID GECC 09/09/05 3.500 50,000 09/09/05 3.500 50,000 09/09/05 3.500 50,000 4.250% 02/28/07 4.330 50,000 08/12/05 3.430 50,000 7 08/11/05 PURCHASES (continued) CID COUNTRY 08/12/05 3.500 50,000 CID COUNTRY 08/12/05 3.500 50,000 08/12/05 REDEMPTIONS CID GECC CID COUNTRY CID COUNTRY 08/12/05 PURCHASES BN B/A CD CALYON CD CALYON 08/15/05 REDEMPTIONS AGENCY FFCB AGENCY FFCB AGENCY FHLB AGENCY FHLB MTN CITICORP TREAS NOTES TREAS NOTES TREAS NOTES TREAS NOTES 08/15/05 PURCHASES CD CD CD CD CD CD CD CD CD CD CID CID CID CID 08/12/05 3.430 50,000 1 4,763.89 3.478 08/12/05 3.500 50,000 1 4,861.11 3.549 08/12/05 3.500 50,000 1 4,861.11 3.549 3.830% 01/03/06 3.830 50,000 3.903% 01/27/06 3.890 50,000 3.903% 01/27/06 3.890 50,000 2.125% 08/15/05 1.360 50,000 789 1,450,372.89 1.354 2.125% 08/15/05 1.360 50,000 789 1,450,372.89 1.354 3.000% 08/15/05 1.400 50,000 789 1,543,000.00 1.385 3.000% 08/15/05 1.400 50,000 789 1,543,000.00 1.385 6.750% 08/15/05 2.245 16,459 893 960,752.98 2.162 6.500% 08/15/05 3.437 50,000 1,148 5,693,413.33 3.437 6.500% 08/15/05 3.437 50,000 1,148 5,693,413.33 3.437 6.500% 08/15/05 3.452 50,000 1,148 5,716,850.83 3.452 6.500% 08/15/05 3.452 50,000 1,148 5,716,850.83 3.452 MONTREAL 3.810% 01/03/06 3.810 MONTREAL 3.810% 01/03/06 3.810 MONTREAL 3.810% 01/03/06 3.810 LLOYDS 3.900% 01/27/06 3.900 RABO 3.900% 01/27/06 3.900 RABO 3.900% 01/27/06 3.900 RABO 3.900% 01/27/06 3.900 CS/1ST BOSTON 3.900% 01/27/06 3.910 CS/1ST BOSTON 3.900% 01/27/06 3.910 CS/1ST BOSTON 3.900% 01/27/06 3.910 MORG STAN 08/19/05 3.500 MORG STAN 08/19/05 3.500 MORG STAN 08/19/05 3.500 MORG STAN 08/19/05 3.500 08/16/05 REDEMPTIONS CID GECC CID GECC CID GECC CID GECC 08/16/05 3.060 08/16/05 3.060 08/16/05 3.060 08/16/05 3.060 8 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 155 658,750.00 3.144 50,000 155 658,750.00 3.144 50,000 155 658,750.00 3.144 50,000 155 658,750.00 3.144 a/ DATE TYPE DESCRIP 08/16/05 PURCHASES CD SOC GEN CD SOC GEN CID COUNTRY 08/17/05 REDEMPTIONS CD SOC GEN CD SOC GEN CD SOC GEN CD SOC GEN CD US BANK CD US BANK CD US BANK CD US BANK CID BEAR CID BEAR CID BEAR CID BEAR CID GECC CID GECC CID GECC CID GECC CID NCAT CID GECC CID GECC DISC NOTES FHLMC DISC NOTES FHLMC DISC NOTES FHLMC DISC NOTES FHLMC 08/17/05 PURCHASES CD RB SCOT CD RB SCOT CD SOC GEN CD SOC GEN DISC NOTES FHLMC DISC NOTES FHLMC DISC NOTES FHLMC DISC NOTES FHLMC DISC NOTES FHLMC DISC NOTES FHLMC 08/18/05 NO REDEMPTIONS 08/18/05 PURCHASES CD US BANK CD US BANK CD US BANK a/ MATURITY TRANS PAR DATE YIELD 000 3.905% 01/27/06 3.900 50,000 3.905% 01/27/06 3.900 50,000 08/19/05 3.530 50,000 3.300% 08/17/05 3.300 50,000 48 220,000.00 3.346 3.300% 08/17/05 3.300 50,000 48 220,000.00 3.346 3.300% 08/17/05 3.300 50,000 48 220,000.00 3.346 3.300% 08/17/05 3.300 50,000 48 220,000.00 3.346 3.320% 08/17/05 3.320 50,000 48 221,333.33 3.366 3.320% 08/17/05 3.320 50,000 48 221,333.33 3.366 3.320% 08/17/05 3.320 50,000 48 221,333.33 3.366 3.320% 08/17/05 3.320 50,000 48 221,333.33 3.366 08/17/05 3.110 50,000 125 539,930.56 3.188 08/17/05 3.110 50,000 125 539,930.56 3.188 08/17/05 3.110 50,000 125 539,930.56 3.188 08/17/05 3.110 50,000 125 539,930.56 3.188 08/17/05 3.110 50,000 125 539,930.56 3.188 08/17/05 3.110 50,000 125 539,930.56 3.188 08/17/05 3.110 50,000 125 539,930.56 3.188 08/17/05 3.110 50,000 125 539,930.56 3.188 08/17/05 3.090 30,000 132 339,900.00 3.169 08/17/05 3.090 50,000 133 570,791.67 3.169 08/17/05 3.090 50,000 133 570,791.67 3.169 08/17/05 3.160 50,000 48 210,666.67 3.217 08/17/05 3.160 50,000 48 210,666.67 3.217 08/17/05 3.160 50,000 48 210,666.67 3.217 08/17/05 3.160 50,000 48 210,666.67 3.217 3.900% 01/27/06 3.900 50,000 3.900% 01/27/06 3.900 50,000 3.910% 01/27/06 3.910 50,000 3.910% 01/27/06 3.910 50,000 01/27/06 3.750 50,000 01/27/06 3.750 50,000 01/27/06 3.750 50,000 01/27/06 3.750 50,000 01/27/06 3.750 50,000 01/27/06 3.750 50,000 3.870% 01/03/06 3.870 50,000 3.870% 01/03/06 3.870 50,000 3.870% 01/03/06 3.870 50,000 9 POOLED MONEY INVESTMENT ACCOUNT d/ _ a/ a/'MATURITY TRANS PAR DAYS AMOUNT EFFECTIVE DATE TYPE DESCRIPTION DATE YIELD 10001 HELD EARNED YIELD 08/19/05 REDEMPTIONS CID COUNTRY 08/19/05 3.530 50,000 3 14,708.33 3.580 CID MORG STAN 08/19/05 3.500 50,000 4 19,444.44 3.550 CID MORG STAN 08/19/05 3.500 50,000 4 19,444.44 3.550 CID MORG STAN 08/19/05 3.500 50,000 4 19,444.44 3.550 CID MORG STAN 08/19/05 3.500 50,000 4 19,444.44 3.550 08/19/05 PURCHASES CID GECC 08/22/05 3.460 50,000 CID GECC 08/22/05 3.460 50,000 CID GECC 08/22/05 3.460 50,000 CID GECC 08/22/05 3.460 50,000 CID GECC 08/22/05 3.460 50,000 CID COUNTRY 08/22/05 3.500 50,000 CID COUNTRY 08/22/05 3.500 50,000 08/22/05 REEMPTIONS CID GECC 08/22/05 3.460 50,000 3 14,416.67 3.509 CID GECC 08/22/05 3.460 50,000 3 14,416.67 3.509 CID GECC 08/22/05 3.460 50,000 3 14,416.67 3.509 CID GECC 08/22/05 3.460 50,000 3 14,416.67 3.509 CID GECC 08/22/05 3.460 50,000 3 14,416.67 3.509 CID COUNTRY 08/22/05 3.500 50,000 3 14,583.33 3.550 CID COUNTRY 08/22/05 3.500 50,000 3 14,583.33 3.550 CID GECC 08/22/05 3.110 50,000 130 561,527.78 3.189 CID GECC 08/22/05 3.110 50,000 130 561,527.78 3.189 08/22/05 PURCHASES AGENCY FHLMC 4.250% 02/28/07 4.250 50,000 AGENCY FHLMC 4.250% 02/28/07 4.250 50,000 CD CIBC 3.870% 01/03/06 3.870 50,000 CD CIBC 3.870% 01/03/06 3.870 50,000 CD CIBC 3.870% 01/03/06 3.870 50,000 CID NISSAN 01/27/06 3.900 50,000 CID NISSAN 01/27/06 3.900 50,000 08/23/05 RRS TREAS BILLS 09/29/05 3.260 50,000 TREAS BILLS 09/29/05 3.260 50,000 TREAS BILLS 09/29/05 3.260 50,000 08/23/05 NO REDEMPTIONS 08/23/05 PURCHASES g/ CID MORG STAN 09/01/05 3.510 50,000 CID MORG STAN 09/01/05 3.510 50,000 10 POOLED MONEY INVESTMENT ACCOUNT d/ a/ a/'MATURITY TRANS PAR _ DAYS AMOUNT EFFECTIVE DATE TYPE DESCRIPTION DATE YIELD (0001 HELD EARNED YIELD 08/23/05 PURCHASES g/ (continued) CID MORG STAN 09/01/05 3.510 50,000 08/23/05 PURCHASES AGENCY FHLB 4.125% 08/23/06 4.144 24,780 CD WA MU, FA 3.860% 01/03/06 3.860 50,000 CD WA MU, FA 3.860% 01/03/06 3.860 50,000 CD WA MU, FA 3.860% 01/03/06 3.860 50,000 CD WA MU, FA 3.860% 01/03/06 3.860 50,000 CD SOC GEN 3.880% 01/03/06 3.880 50,000 CD SOC GEN 3.880% 01/03/06 3.880 50,000 CID B/A 01/03/06 3.800 25,000 CID B/A 01/03/06 3.800 50,000 08/24/05 RRS TREAS BILLS 09/29/05 3.250 50,000 TREAS BILLS 09/29/05 3.250 50,000 08/24/05 REDEMPTIONS MTN W/F 7.250% 08/24/05 2.250 10,755 344 236,893.10 2.233 MTN W/F 7.250% 08/24/05 2.100 10,000 672 409,383.09 2.041 MTN W/F 7.250% 08/24/05 2.100 10,000 672 409,383.09 2.041 MTN W/F 7.250% 08/24/05 2.530 16,567 957 1,178,364.56 2.431 MTN W/F 7.250% 08/24/05 3.200 13,980 1,090 1,425,144.50 3.072 08/24/05 PURCHASES g/ CID HSBC 09/07/05 3.500 50,000 CID HSBC 09/07/05 3.500 50,000 08/24/05 PURCHASES CD MONTREAL 3.840% 01/03/06 3.840 50,000 CD MONTREAL 3.840% 01/03/06 3.840 50,000 CD MONTREAL 3.840% 01/03/06 3.840 50,000 CD MONTREAL 3.840% 01/03/06 3.840 50,000 CD HSBC 3.840% 01/03/06 3.840 50,000 CD HSBC 3.840% 01/03/06 3.840 50,000 CD TORONTO 3.865% 01/03/06 3.855 50,000 CD TORONTO 3.865% 01/03/06 3.855 50,000 CD S-E BANK 3.930% 01/27/06 3.930 50,000 CD S-E BANK 3.930% 01/27/06 3.930 50,000 CD BARCLAYS 3.950% 01/27/06 3.950 50,000 CD BARCLAYS 3.950% 01/27/06 3.950 50,000 CD BARCLAYS 3.950% 01/27/06 3.950 50,000 CD BARCLAYS 3.950% 01/27/06 3.950 50,000 CID CITIGROUP 01/03/06 3.790 50,000 CID CITIGROUP 01/03/06 3.790 50,000 11 POOLED MONEYINVESTMENT ACCOUNT d/ a/ _ a/ MATURITY TRANS PAR DJ DATE TYPE DESCRIPTION DATE YIELD (000) HE 08/24/05 PURCHASES (continued) CID CITIGROUP 01/03/06 3.790 50,000 CID CITIGROUP 01/03/06 3.790 50,000 CID B/A 01/27/06 3.850 50,000 CID B/A 01/27/06 3.850 50,000 CID B/A 01/27/06 3.850 50,000 CID B/A 01/27/06 3.850 50,000 08/25/05 NO REDEMPTIONS 08/25/05 PURCHASES CD W/F 3.500% 09/12/05 3.500 25,000 CD W/F 3.500% 09/12/05 3.500 50,000 CD W/F 3.500% 09/12/05 3.500 50,000 CID GECC 08/26/05 3.520 50,000 CID GECC 08/26/05 3.520 50,000 CID GE CO 09/01/05 3.500 50,000 CID GE CO 09/01/05 3.500 50,000 CID GE CO 09/01/05 3.500 50,000 CID GE CO 09/01/05 3.500 50,000 CID GE CO 09/01/05 3.500 50,000 CID GE CO 09/01/05 3.500 50,000 CID COUNTRY 09/09/05 3.540 50,000 CID COUNTRY 09/09/05 3.540 50,000 08/26/05 REDEMPTIONS YS AMOUNT EFFECTIVE LD-- EARNED YIELD CID GECC 08/26/05 3.520 50,000 1 4,888.89 3.569 CID GECC 08/26/05 3.520 50,000 1 4,888.89 3.569 CID GECC 08/26/05 3.110 50,000 134 578,805.56 3.190 CID GECC 08/26/05 3.110 50,000 134 578,805.56 3.190 MTN FR COUNTRY 1.850% 08/26/05 1.850 33,000 365 892,342.20 2.704 08/26/05 NO PURCHASES 08/29/05 REDEMPTIONS BN B/A 3.150% 08/29/05 3.150 50,000 137 599,375.00 3.194 BN B/A 3.150% 08/29/05 3.150 50,000 137 599,375.00 3.194 CD HSBC 3.145% 08/29/05 3.145 50,000 126 550,375.00 3.189 CD HSBC 3.145% 08/29/05 3.145 50,000 126 550,375.00 3.189 CD DEXIA 3.155% 08/29/05 3.155 50,000 126 552,125.00 3.199 CD DEXIA 3.155% 08/29/05 3.155 50,000 126 552,125.00 3.199 CD LLOYDS 3.140% 08/29/05 3.140 50,000 130 566,944.44 3.184 CD LLOYDS 3.140% 08/29/05 3.140 50,000 130 566,944.44 3.184 CD RB CANADA 3.155% 08/29/05 3.140 50,000 137 597,505.93 3.184 CD RB CANADA 3.155% 08/29/05 3.140 50,000 137 597,505.93 3.184 CD BNP PARIBAS 3.155% 08/29/05 3.155 50,000 137 600,326.39 3.199 CD BNP PARIBAS 3.155% 08/29/05 3.155 50,000 137 600,326.39 3.199 CD RB SCOT 3.160% 08/29/05 3.160 50,000 137 601,277.78 3.204 12 POOLED MONEY INVESTMENT ACCOUNT d/ a/ a/ MATURITY TRANS PAR DAYS AMOUNT EFFECTIVE DATE TYPE DESCRIPTION DATE YIELD (000) HELD EARNED YIELD 08/29/05 REDEMPTIONS (continued) CD RB SCOT 3.160% 08/29/05 3.160 50,000 137 601,277.78 3.204 CD RB SCOT 3.160% 08/29/05 3.160 50,000 137 601,277.78 3.204 CD RB SCOT 3.160% 08/29/05 3.160 50,000 137 601,277.78 3.204 CD HSBC 3.170% 08/29/05 3.170 50,000 137 603,180.56 3.214 CD HSBC 3.170% 08/29/05 3.170 50,000 137 603,180.56 3.214 CD UBS 3.170% 08/29/05 3.170 50,000 137 603,180.56 3.214 CD UBS 3.170% 08/29/05 3.170 50,000 137 603,180.56 3.214 CD UBS 3.170% 08/29/05 3.170 50,000 137 603,180.56 3.214 CD UBS 3.170% 08/29/05 3.170 50,000 137 603,180.56 3.214 CD RABO 3.100% 08/29/05 3.100 50,000 150 645,833.33 3.143 CD RABO 3.100% 08/29/05 3.100 50,000 150 645,833.33 3.143 CD RB CANADA 3.160% 08/29/05 3.150 50,000 150 656,276.99 3.194 CD RB CANADA 3.160% 08/29/05 3.150 50,000 150 656,276.99 3.194 CD SOC GEN 3.160% 08/29/05 3.160 50,000 150 658,333.33 3.204 CD SOC GEN 3.160% 08/29/05 3.160 50,000 150 658,333.33 3.204 CD SVENSKA 3.170% 08/29/05 3.160 50,000 150 658,360.41 3.204 CD SVENSKA 3.170% 08/29/05 3.160 50,000 150 658,360.41 3.204 CD RB CANADA 3.165% 08/29/05 3.160 50,000 158 693,459.46 3.204 CD RB CANADA 3.165% 08/29/05 3.160 50,000 158 693,459.46 3.204 CD BNP PARIBAS 3.100% 08/29/05 3.100 50,000 172 740,555.56 3.143 CD BNP PARIBAS 3.100% 08/29/05 3.100 50,000 172 740,555.56 3.143 CD CALYON 3.100% 08/29/05 3.100 50,000 172 740,555.56 3.143 CD CALYON 3.100% 08/29/05 3.100 50,000 172 740,555.56 3.143 CD LLOYDS 3.110% 08/29/05 3.100 50,000 172 740,590.42 3.143 CD LLOYDS 3.110% 08/29/05 3.100 50,000 172 740,590.42 3.143 CD RABO 3.060% 08/29/05 3.060 50,000 179 760,750.00 3.103 CD RABO 3.060% 08/29/05 3.060 50,000 179 760,750.00 3.103 CD CS/1 ST BOSTON 3.070% 08/29/05 3.070 50,000 179 763,236.11 3.113 CD CS/1ST BOSTON 3.070% 08/29/05 3.070 50,000 179 763,236.11 3.113 CD CS/1 ST BOSTON 3.070% 08/29/05 3.070 50,000 179 763,236.11 3.113 CD ANZ 3.080% 08/29/05 3.080 50,000 179 765,722.22 3.123 CD ANZ 3.080% 08/29/05 3.080 50,000 179 765,722.22 3.123 CD ANZ 3.080% 08/29/05 3.080 50,000 179 765,722.22 3.123 CD ANZ 3.080% 08/29/05 3.080 50,000 179 765,722.22 3.123 CD BNP PARIBAS 3.085% 08/29/05 3.085 50,000 181 775,534.72 3.128 CD BNP PARIBAS 3.085% 08/29/05 3.085 50,000 181 775,534.72 3.128 CD BNP PARIBAS 3.085% 08/29/05 3.085 50,000 181 775,534.72 3.128 CD US BANK 3.120% 08/29/05 3.120 50,000 181 784,333.33 3.163 CD US BANK 3.120% 08/29/05 3.120 50,000 181 784,333.33 3.163 CD US BANK 3.120% 08/29/05 3.120 50,000 181 784,333.33 3.163 CD US BANK 3.120% 08/29/05 3.120 50,000 181 784,333.33 3.163 CID TOYOTA 08/29/05 3.160 50,000 150 658,333.33 3.247 CID NCAT 08/29/05 3.070 50,000 173 737,652.78 3.159 CID NCAT 08/29/05 3.070 50,000 173 737,652.78 3.159 CID TOYOTA 08/29/05 3.060 50,000 179 760,750.00 3.150 DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 13 POOLED MONEY INVESTMENT ACCOUNT d/ a/ a/ MATURITY TRANS PAR _ DAYS AMOUNT EFFECTIVE DATE TYPE DESCRIPTION DATE YIELD (000) HELD EARNED YIELD 08/29/05 REDEMPTIONS (continued) DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 DISC NOTES FHLMC 08/29/05 3.060 50,000 150 637,500.00 3.143 DISC NOTES FHLMC 08/29/05 3.090 50,000 158 678,083.33 3.176 DISC NOTES FHLMC 08/29/05 3.090 50,000 158 678,083.33 3.176 DISC NOTES FHLMC 08/29/05 3.090 50,000 158 678,083.33 3.176 DISC NOTES FHLMC 08/29/05 3,090 50,000 158 678,083.33 3.176 DISC NOTES FHLMC 08/29/05 3.090 50,000 158 678,083.33 3.176 DISC NOTES FHLMC 08/29/05 3.090 50,000 158 678,083.33 3.176 08/29/05 PURCHASES AGENCY FHLMC 4.250% 02/28/07 4.250 50,000 DISC NOTES FHLMC 01/03/06 3.710 50,000 DISC NOTES FHLMC 01/03/06 3.710 50,000 DISC NOTES FHLMC 01/03/06 3.710 50,000 DISC NOTES FHLMC 01/03/06 3.710 50,000 DISC NOTES FHLMC 01/03/06 3.710 50,000 DISC NOTES FHLMC 01/03/06 3.710 50,000 DISC NOTES FHLMC 01/03/06 3.710 50,000 DISC NOTES FHLMC 01/03/06 3.710 50,000 DISC NOTES FHLMC 01/03/06 3.710 50,000 DISC NOTES FHLMC 01/03/06 3.710 50,000 DISC NOTES FHLMC 01/03/06 3.710 50,000 DISC NOTES FHLMC 01/03/06 3.710 50,000 08/30/05 NO REDEMPTIONS 08/30/05 PURCHASES AGENCY FHLMC 3.625% 02/15/07 4.260% 50,000 CD BNP PARIBAS 3.950% 02/01/06 3.950 50,000 CD BNP PARIBAS 3.950% 02/01/06 3.950 50,000 CD BNP PARIBAS 3.950% 02/01/06 3.950 50,000 CD BNP PARIBAS 3.950% 02/01/06 3.950 50,000 CD BARCLAYS 3.955% 02/01/06 3.955 50,000 CD BARCLAYS 3.955% 02/01/06 3.955 50,000 CD BARCLAYS 3.955% 02/01/06 3.955 50,000 CD BARCLAYS 3.955% 02/01/06 3.955 50,000 14 a/ DATE TYPE DESCRIPTION 08/30/05 PURCHASES (continued) dl /TD A►CI .. nAC nAVQ CID CITIGROUP 12/02/05 3.770 50,000 CID CITIGROUP 12/02/05 3.770 50,000 CID CITIGROUP 12/06/05 3.770 15,000 CID CITIGROUP 12/06/05 3.770 50,000 CID CITIGROUP 12/06/05 3.770 50,000 CID B/A 12/27/05 3.810 50,000 CID B/A 12/27/05 3.810 50,000 CID B/A 01/27/06 3.880 50,000 CID B/A 01/27/06 3.880 50,000 FR SBA 3.550% 08/25/30 3.550 11,934 08/31/05 REDEMPTIONS INT EFFECTIVE iFn YiFi n BN B/A 3.150% 08/31/05 3.150 50,000 139 608,125.00 3.194 BN B/A 3.150% 08/31/05 3.150 50,000 139 608,125.00 3.194 CD RB CANADA 3.155% 08/31/05 3.140 50,000 139 606,229.13 3.184 CD RB CANADA 3.155% 08/31/05 3.140 50,000 139 606,229.13 3.184 CD HSBC 3.170% 08/31/05 3.170 50,000 139 611,986.11 3.214 CD HSBC 3.170% 08/31/05 3.170 50,000 139 611,986.11 3.214 CD US BANK 3.180% 08/31/05 3.180 50,000 139 613,916.67 3.224 CD US BANK 3.180% 08/31/05 3.180 50,000 139 613,916.67 3.224 CID NCAT 08/31/05 3.080 40,000 170 581,777.78 3.169 CID NCAT 08/31/05 3.080 50,000 170 727,222.22 3.169 CID NCAT 08/31/05 3.080 50,000 170 727,222.22 3.169 DISC NOTES FHLMC 08/31/05 3.210 50,000 62 276,416.67 3.273 DISC NOTES FHLMC 08/31/05 3.210 50,000 62 276,416.67 3.273 DISC NOTES FHLMC 08/31/05 3.210 50,000 62 276,416.67 3.273 DISC NOTES FHLMC 08/31/05 3.210 50,000 62 276,416.67 3.273 08/31/05 PURCHASES CID GECC 09/01/05 3.550 10,000 CID GECC 09/01/05 3.550 50,000 CID GECC 09/01/05 3.550 50,000 CID GECC 09/01/05 3.550 50,000 CID GECC 09/01/05 3.550 50,000 CID NCAT 09/01/05 3.580 44,000 15 a/ The abbreviations indicate the type of security purchased or sold; i.e., (U.S.) Bills, Bonds, Notes, Debentures, Discount Notes and Participation Certificates: Federal National Mortgage Association (FNMA), Farmers Home Administration Notes (FHA), Student Loan Marketing Association (SLMA), Small Business Association (SBA), Negotiable Certificates of Deposit (CD), Negotiable Certificates of Deposit Floating Rate (CD FIR), Export Import Notes (EXIM), Bankers Acceptances (BA), Commercial Paper (CP), Government National Mortgage Association (GNMA), Federal Home Loan Bank Notes (FHLB), Federal Land Bank Bonds (FLB), Federal Home Loan Mortgage Corporation Obligation (FHLMC PC) & (FHLMC GMC), Federal Farm Credit Bank Bonds (FFCB), Federal Farm Credit Discount Notes (FFC), Corporate Securities (CB), US Ship Financing Bonds (TITLE XI'S), International Bank of Redevelopment (IBRD), Tennessee Valley Authority (TVA), Medium Term Notes (MTN), Real Estate Mortgage Investment Conduit (REMIC). b/ Purchase or sold yield based on 360 day calculation for discount obligations and Repurchase Agreements. c/ Repurchase Agreement. d/ Par amount of securities purchased, sold or redeemed. e/ Securities were purchased and sold as of the same date. f/ Repurchase Agreement against Reverse Repurchase Agreement. g/ Outright purchase against Reverse Repurchase Agreement. h/ Security "SWAP" transactions. i/ Buy back agreement. RRS Reverse Repurchase Agreement. RRP Termination of Reverse Repurchase Agreement. 16 NAME ALAMO Diablo Valley Bank ALHAMBRA Omni Bank, NA Omni Bank, NA Omni Bank, NA Omni Bank, NA Omni Bank, NA The Bank of East Asia (USA), NA The Bank of East Asia (USA), NA The Bank of East Asia (USA), NA ARROYO GRANDE Mid State Bank and Trust Mid State Bank and Trust Mid State Bank and Trust Mid State Bank and Trust Mid State Bank and Trust Mid State Bank and Trust BREA Pacific Western National Bank CALABASAS First Bank of Beverly Hills, FSB First Bank of Beverly Hills, FSB First Bank of Beverly Hills, FSB First Bank of Beverly Hills, FSB CAMARILLO First California Bank First California Bank First California Bank First California Bank TIME DEPOSITS DEPOSIT PAR MATURITY DATE YIELD AMOUNT ($) DATE 04/08/05 3.170 4,500,000.00 10/07/05 06/01/05 3.000 4,000,000.00 09/01/05 06/10/05 3.080 6,000,000.00 09/09/05 07/08/05 3.260 4,000,000.00 10/07/05 08/12/05 3.590 2,000,000.00 11/10/05 08/19/05 3.610 4,000,000.00 11/18/05 07/14/05 3.260 3,095,000.00 10/13/05 08/11/05 3.860 3,000,000.00 02/09/06 08/17/05 3.890 6,000,000.00 02/16/06 03/10/05 3.070 5,000,000.00 09/08/05 04/13/05 3.170 5,000,000.00 10/12/05 05/18/05 3.160 5,000,000.00 11/16/05 06/10/05 3.170 5,000,000.00 12/09/05 07/14/05 3.510 5,000,000.00 01/12/06 08/10/05 3.860 5,000,000.00 02/08/06 08/03/05 3.780 4,000,000.00 02/01/06 03/03/05 3.050 10,000,000.00 09/01/05 05/05/05 3.220 10,000,000.00 11/03/05 06/01/05 3.180 10,000,000.00 11/30/05 06/15/05 3.210 10,000,000.00 12/14/05 08/17/05 3.580 2,000,000.00 11/16/05 06/22/05 3.230 6,000,000.00 11/16/05 06/03/05 3.160 6,000,000.00 12/02/05 07/27/05 3.720 6,000,000.00 01/25/06 17 NAME CAMERON PARK Western Sierra National Bank Western Sierra National Bank CARLSBAD Southwest Community Bank CHATSWORTH Premier America Credit Union Premier America Credit Union Premier America Credit Union CHICO Tri Counties Bank CITY OF INDUSTRY EverTrust Bank EverTrust Bank EverTrust Bank CONCORD Cal State 9 Credit Union DUBLIN Operating Engineers Local # 3 FCU Operating Engineers Local # 3 FCU Operating Engineers Local # 3 FCU EL CENTRO Rabobank Rabobank Rabobank Rabobank Rabobank TIME DEPOSITS DEPOSIT PAR MATURITY DATE YIELD AMOUNT ($) DATE 04/06/05 3.130 8,000,000.00 10/05/05 07/13/05 3.480 7,000,000.00 01/11/06 08/31/05 3.620 5,000,000.00 11/30/05 05/12/05 3.050 20,000,000.00 09/09/05 07/07/05 3.240 20,000,000.00 10/06/05 08/05/05 3.560 20,000,000.00 11/04/05 06/16/05 3.060 20,000,000.00 09/15/05 07/28/05 3.480 6,000,000.00 10/27/05 08/03/05 3.480 5,000,000.00 11/02/05 06/10/05 3.170 6,000,000.00 12/09/05 08/24/05 3.880 10,000,000.00 02/23/06 04/06/05 3.160 5,000,000.00 10/05/05 06/10/05 3.150 10,000,000.00 12/09/05 08/11/05 3.840 5,000,000.00 02/09/06 06/02/05 3.020 25,000,000.00 09/01/05 07/15/05 3.270 47,500,000.00 10/14/05 07/22/05 3.370 32,500,000.00 10/21/05 08/05/05 3.550 25,000,000.00 11/04/05 07/08/05 3.490 20,000,000.00 01/06/06 18 TIME DEPOSITS DEPOSIT PAR MATURITY NAME DATE YIELD AMOUNT ($) DATE ELSEGUNDO First Coastal Bank, NA 06/01/05 3.010 2,000,000.00 09/01/05 First Coastal Bank, NA 03/18/05 3.140 5,000,000.00 09/16/05 First Coastal Bank, NA 04/21/05 3.180 2,000,000.00 10/20/05 First Coastal Bank, NA 08/05/05 3.560 3,000,000.00 11/04/05 First Coastal Bank, NA 05/19/05 3.230 2,000,000.00 11/17/05 Xerox Federal Credit Union 03/14/05 3.090 7,000,000.00 09/14/05 Xerox Federal Credit Union 05/18/05 3.240 20,000,000.00 11/18/05 Xerox Federal Credit Union 06/02/05 3.190 20,000,000.00 12/02/05 FAIRFIELD WestAmerica Bank 07/07/05 3.230 60,000,000.00 10/06/05 WestAmerica Bank 07/15/05 3.270 65,000,000.00 10/14/05 WestAmerica Bank 07/28/05 3.480 5,000,000.00 10/19/05 WestAmerica Bank 07/20/05 3.310 10,000,000.00 10/19/05 WestAmerica Bank 07/22/05 3.370 25,000,000.00 10/21/05 WestAmerica Bank 08/10/05 3.600 5,000,000.00 11/09/05 WestAmerica Bank 08/17/05 3.580 75,000,000.00 11/16/05 FRESNO United Security Bank FULLERTON Fullerton Community Bank, FSB Fullerton Community Bank, FSB Fullerton Community Bank, FSB Fullerton Community Bank, FSB GOLETA 04/20/05 3.170 05/18/05 3.170 05/17/05 3.190 07/22/05 3.630 08/05/05 3.800 40,000,000.00 10/19/05 9,000,000.00 11 /16/05 10,000,000.00 11 /16/05 8,000,000.00 01/20/06 5,000,000.00 02/03/06 Pacific Capital Bank, NA 06/17/05 3.030 10,000,000.00 09/08/05 Pacific Capital Bank, NA 03/09/05 3.040 20,000,000.00 09/08/05 Pacific Capital Bank, NA 04/01/05 3.210 78,000,000.00 09/30/05 Pacific Capital Bank, NA 06/08/05 3.170 85,000,000.00 12/07/05 Pacific Capital Bank, NA 08/10/05 3.840 6,000,000.00 02/08/06 Pacific Capital Bank, NA 08/12/05 3.830 72,000,000.00 02/10/06 GRANADA HILLS First State Bank of California 06/02/05 3.180 7,000,000.00 12/01/05 First State Bank of California 06/17/05 3.260 2,000,000.00 12/16/05 19 TIME DEPOSITS DEPOSIT PAR MATURITY NAME DATE YIELD AMOUNT ($) DATE GRANADA HILLS (continued) First State Bank of California HAWTHORNE Western Federal Credit Union Western Federal Credit Union IRVINE Commerce West Bank, NA Commerce West Bank, NA Commercial Capital Bank Commercial Capital Bank Commercial Capital Bank Commercial Capital Bank Commercial Capital Bank Commercial Capital Bank LA JOLLA Silvergate Bank LIVERMORE Valley Community Bank LODI Farmers & Merchants Bk Cen CA Farmers & Merchants Bk Cen CA LOS ANGELES Broadway Federal Bank, FSB Broadway Federal Bank, FSB Cathay Bank Cathay Bank Cathay Bank Cathay Bank Cathay Bank Cathay Bank Cathay Bank Cathay Bank 07/20/05 3.560 3,000,000.00 01/19/06 06/30/05 3.240 25,000,000.00 09/30/05 07/22/05 3.380 30,000,000.00 10/21/05 06/30/05 3.240 5,000,000.00 09/30/05 08/18/05 3.630 500,000.00 11/17/05 07/08/05 3.260 60,000,000.00 10/07/05 07/15/05 3.270 105,000,000.00 10/14/05 08/17/05 3.570 25,000,000.00 11/16/05 08/17/05 3.570 90,000,000.00 11/16/05 06/22/05 3.290 11,000,000.00 12/15/05 06/16/05 3.240 39,000,000.00 12/15/05 06/10/05 3.190 5,000,000.00 12/09/05 03/18/05 3.130 6,000,000.00 09/16/05 07/14/05 3.260 35,000,000.00 10/13/05 07/07/05 3.440 25,000,000.00 01/05/06 03/11/05 3.080 3,000,000.00 09/09/05 07/08/05 3.500 2,500,000.00 01/06/06 04/07/05 3.180 38,000,000.00 10/06/05 04/21/05 3.170 25,000,000.00 10/20/05 05/11/05 3.240 25,000,000.00 11/09/05 08/17/05 3.570 25,000,000.00 11/16/05 05/19/05 3.220 15,000,000.00 11/17/05 06/01/05 3.180 17,000,000.00 11/30/05 08/31/05 3.600 25,000,000.00 11/30/05 06/09/05 3.160 55,000,000.00 12/08/05 20 TIME DEPOSITS DEPOSIT PAR MATURITY NAME DATE YIELD AMOUNT ($) DATE LOS ANGELES (continued Cedars Bank 06/29/05 3.150 10,000,000.00 09/28/05 Cedars Bank 07/13/05 3.500 5,000,000.00 01/11/06 Cedars Bank 08/03/05 3.750 10,000,000.00 02/01/06 Center Bank 03/16/05 3.110 20,000,000.00 09/14/05 Center Bank 06/22/05 3.070 20,000,000.00 09/21/05 Center Bank 06/22/05 3.300 25,000,000.00 12/21/05 Center Bank 07/21/05 3.580 15,000,000.00 01/19/06 CHB America Bank 03/11/05 3.080 8,000,000.00 09/09/05 CHB America Bank 04/14/05 3.190 4,300,000.00 10/13/05 Citibank (West), FSB 04/07/05 3.180 150,000,000.00 10/06/05 Citibank (West), FSB 07/14/05 3.260 100,000,000.00 10/13/05 Citibank (West), FSB 07/20/05 3.310 100,000,000.00 10/19/05 Citibank (West), FSB 04/27/05 3.200 50,000,000.00 10/26/05 Eastern International Bank 05/04/05 3.220 900,000.00 11/02/05 Eastern International Bank 06/09/05 3.160 1,000,000.00 12/08/05 Far East National Bank 08/03/05 3.520 25,000,000.00 11/02/05 Far East National Bank 08/10/05 3.620 25,000,000.00 11/09/05 Hanmi Bank 03/03/05 3.040 20,000,000.00 09/01/05 Hanmi Bank 03/16/05 3.110 20,000,000.00 09/14/05 Hanmi Bank 07/14/05 3.240 10,000,000.00 10/13/05 Hanmi Bank 08/04/05 3.540 25,000,000.00 11/03/05 Hanmi Bank 06/02/05 3.180 25,000,000.00 12/01/05 Hanmi Bank 06/15/05 3.210 25,000,000.00 12/14/05 Hanmi Bank 07/14/05 3.490 25,000,000.00 01/12/06 Hanmi Bank 07/29/05 3.730 10,000,000.00 01/27/06 Hanmi Bank 08/04/05 3.750 40,000,000.00 02/02/06 Manufacturer's Bank 06/22/05 3.300 25,000,000.00 12/21/05 Manufacturer's Bank 08/18/05 3.850 25,000,000.00 02/16/06 Mellon First Business Bank, NA 06/16/05 3.070 50,000,000.00 09/15/05 Mellon First Business Bank, NA 07/15/05 3.270 25,000,000.00 10/14/05 Mellon First Business Bank, NA 07/15/05 3.270 50,000,000.00 10/14/05 Mirae Bank 03/24/05 3.150 2,500,000.00 09/22/05 Mirae Bank 04/15/05 3.200 4,000,000.00 10/14/05 Mirae Bank 08/05/05 3.780 3,000,000.00 02/03/06 Mirae Bank 08/24/05 3.880 2,500,000.00 02/23/06 Nara Bank, NA 07/14/05 3.280 5,000,000.00 10/20/05 Nara Bank, NA 04/21/05 3.170 25,000,000.00 10/20/05 Nara Bank, NA 05/12/05 3.250 5,000,000.00 11/10/05 Nara Bank, NA 05/19/05 3.220 10,000,000.00 11/17/05 Nara Bank, NA 06/10/05 3.170 10,000,000.00 12/09/05 Nara Bank, NA 08/03/05 3.780 20,000,000.00 02/01/06 One United Bank 03/24/05 3.160 5,000,000.00 09/22/05 One United Bank 06/08/05 3.170 10,000,000.00 12/07/05 21 TIME DEPOSITS DEPOSIT PAR MATURITY NAME DATE YIELD AMOUNT ($) DATE LOS ANGELES (continued One United Bank 07/14/05 3.530 5,000,000.00 01/12/06 One United Bank 07/14/05 3.530 5,000,000.00 01/12/06 Preferred Bank 06/17/05 3.050 31,000,000.00 09/16/05 Preferred Bank 08/05/05 3.530 4,000,000.00 11/04/05 Saehan Bank 08/19/05 3.870 16,000,000.00 02/17/06 State Bank of India (California) 07/07/05 3.250 3,000,000.00 10/06/05 State Bank of India (California) 04/28/05 3.240 3,000,000.00 10/27/05 State Bank of India (California) 08/18/05 3.870 2,000,000.00 02/16/06 Wilshire State Bank 06/17/05 3.050 8,000,000.00 09/16/05 Wilshire State Bank 06/17/05 3.050 15,000,000.00 09/16/05 Wilshire State Bank 07/15/05 3.250 19,000,000.00 10/14/05 Wilshire State Bank 08/11/05 3.590 8,000,000.00 11/10/05 Wilshire State Bank 06/01/05 3.180 22,000,000.00 11/30/05 Wilshire State Bank 08/31/05 3.600 36,000,000.00 11/30/05 Wilshire State Bank 06/17/05 3.260 3,000,000.00 12/16/05 MERCED County Bank 06/03/05 3.030 5,000,000.00 09/02/05 County Bank 06/09/05 3.070 10,000,000.00 09/08/05 County Bank 07/15/05 3.270 10,000,000.00 10/14/05 NATIONAL CITY Neighborhood National Bank 07/22/05 3.640 2,000,000.00 01/20/06 Neighborhood National Bank 08/03/05 3.790 2,000,000.00 02/01/06 NEWPORT BEACH Independence Bank 06/24/05 3.180 1,000,000.00 09/23/05 Orange County Business Bank, NA 06/24/05 3.070 4,000,000.00 09/23/05 Orange County Business Bank, NA 07/14/05 3.240 4,000,000.00 10/13/05 Orange County Business Bank, NA 07/28/05 3.480 4,000,000.00 10/27/05 Orange County Business Bank, NA 08/17/05 3.550 4,000,000.00 11/16/05 NORTH HIGHLANDS SAFE Credit Union 07/15/05 3.280 5,000,000.00 10/14/05 SAFE Credit Union 08/12/05 3.600 20,000,000.00 11/10/05 22 NAME OAKDALE Oak Valley Community Bank Oak Valley Community Bank OAKLAND TIME DEPOSITS DEPOSIT DATE YIELD 06/16/05 3.060 07/15/05 3.270 PAR MATURITY AMOUNT ($) DATE 3,500,000.00 09/15/05 2,500,000.00 10/14/05 Metropolitian Bank 03/23/05 3.160 2,000,000.00 09/21/05 Metropolitian Bank 06/02/05 3.180 1,500,000.00 12/01/05 Metropolitian Bank 07/22/05 3.630 1,000,000.00 01/20/06 Metropolitian Bank 07/28/05 3.720 1,500,000.00 01/26/06 Metropolitian Bank 08/25/05 3.850 1,000,000.00 02/23/06 Metropolitian Bank 08/25/05 3.850 1,000,000.00 02/23/06 ONTARIO Citizens Business Bank 03/04/05 3.040 25,000,000.00 09/02/05 Citizens Business Bank 03/23/05 3.160 30,000,000.00 09/21/05 Citizens Business Bank 04/01/05 3.210 25,000,000.00 09/30/05 Citizens Business Bank 05/06/05 3.220 30,000,000.00 11/04/05 Citizens Business Bank 08/18/05 3.850 30,000,000.00 02/16/06 PALO ALTO Greater Bay Bank, NA 03/10/05 3.070 20,000,000.00 09/08/05 Greater Bay Bank, NA 04/20/05 3.160 50,000,000.00 10/19/05 Greater Bay Bank, NA 05/12/05 3.250 25,000,000.00 11/10/05 Greater Bay Bank, NA 05/18/05 3.160 33,500,000.00 11/16/05 Greater Bay Bank, NA 05/25/05 3.210 25,000,000.00 11/23/05 Greater Bay Bank, NA 06/01/05 3.180 30,000,000.00 11/30/05 Greater Bay Bank, NA 06/02/05 3.180 25,000,000.00 12/01/05 Greater Bay Bank, NA 06/08/05 3.170 24,000,000.00 12/07/05 Greater Bay Bank, NA 06/09/05 3.160 22,000,000.00 12/08/05 Greater Bay Bank, NA 06/14/05 3.170 30,000,000.00 12/14/05 Greater Bay Bank, NA 07/13/05 3.500 15,000,000.00 01/11/06 Greater Bay Bank, NA 07/13/05 3.500 25,000,000.00 01/11/06 Greater Bay Bank, NA 08/31/05 3.880 25,000,000.00 03/01/06 PALOS VERDES ESTATES Malaga Bank, FSB 03/04/05 3.040 4,000,000.00 09/02/05 Malaga Bank, FSB 04/07/05 3.180 5,000,000.00 10/06/05 Malaga Bank, FSB 05/11/05 3.240 7,000,000.00 11/09/05 Malaga Bank, FSB 06/15/05 3.210 9,000,000.00 12/14/05 Malaga Bank, FSB 08/05/05 3.800 2,000,000.00 02/03/06 23 TIME DEPOSITS NAME PALOS VERDES ESTATES (continued) Malaga Bank, FSB PASADENA DEPOSIT PAR MATURITY DATE YIELD AMOUNT ($) DATE 08/19/05 3.870 10,000,000.00 02/17/06 Community Bank 03/16/05 3.110 10,000,000.00 09/14/05 Community Bank 04/07/05 3.180 10,000,000.00 10/06/05 Community Bank 04/13/05 3.170 15,000,000.00 10/12/05 Community Bank 05/05/05 3.220 15,000,000.00 11/03/05 Community Bank 06/15/05 3.210 10,000,000.00 12/14/05 Community Bank 07/08/05 3.500 10,000,000.00 01/06/06 Community Bank 08/03/05 3.790 25,000,000.00 02/01/06 Wescom Credit Union 03/18/05 3.150 15,000,000.00 09/16/05 Wescom Credit Union 04/28/05 3.250 25,000,000.00 10/27/05 Wescom Credit Union 08/18/05 3.640 35,000,000.00 11/17/05 Wescom Credit Union 06/22/05 3.320 50,000,000.00 12/21/05 Wescom Credit Union 07/13/05 3.520 25,000,000.00 01/11/06 Wescom Credit Union 07/13/05 3.520 40,000,000.00 01/11/06 PLACERVILLE El Dorado Savings Bank 04/29/05 3.390 5,000,000.00 04/28/06 POMONA PFF Bank and Trust 03/04/05 3.040 20,000,000.00 09/02/05 PFF Bank and Trust 05/05/05 3.220 20,000,000.00 11/03/05 PFF Bank and Trust 06/08/05 3.170 20,000,000.00 12/07/05 PFF Bank and Trust 07/21/05 3.580 20,000,000.00 01/19/06 PFF Bank and Trust 08/26/05 3.850 20,000,000.00 02/24/06 PORTERVILLE Bank of the Sierra 04/21/05 3.170 10,000,000.00 10/20/05 RANCHO SANTA FE La Jolla Bank, FSB 06/03/05 2.990 10,000,000.00 09/01/05 La Jolla Bank, FSB 06/02/05 2.990 10,000,000.00 09/01/05 La Jolla Bank, FSB 06/16/05 3.060 10,000,000.00 09/15/05 La Jolla Bank, FSB 06/23/05 3.090 5,000,000.00 09/22/05 La Jolla Bank, FSB 08/03/05 3.500 25,000,000.00 11/02/05 La Jolla Bank, FSB 05/05/05 3.200 20,000,000.00 11/03/05 La Jolla Bank, FSB 08/12/05 3.590 15,000,000.00 11/10/05 24 TIME DEPOSITS DEPOSIT PAR MATURITY NAME DATE YIELD AMOUNT ($) DATE RANCHO SANTA FE (continued) La Jolla Bank, FSB 08/17/05 3.570 25,000,000.00 11/16/05 REDWOOD CITY Provident Central Credit Union 04/28/05 3.230 20,000,000.00 10/27/05 Provident Central Credit Union 06/02/05 3.180 20,000,000.00 12/01/05 RICHMOND The Mechanics Bank 09/10/04 2.180 10,000,000.00 09/14/05 The Mechanics Bank 10/15/04 2.250 10,000,000.00 10/14/05 The Mechanics Bank 04/21/05 3.180 10,000,000.00 10/20/05 The Mechanics Bank 10/29/04 2.320 10,000,000.00 10/28/05 The Mechanics Bank 11/05/04 2.380 10,000,000.00 11/04/05 The Mechanics Bank 06/09/05 3.170 10,000,000.00 12/08/05 The Mechanics Bank 07/08/05 3.500 10,000,000.00 01/06/06 The Mechanics Bank 07/27/05 3.720 20,000,000.00 01/25/06 The Mechanics Bank 08/04/05 3.780 10,000,000.00 02/02/06 The Mechanics Bank 03/03/05 3.250 10,000,000.00 03/03/06 The Mechanics Bank 04/01/05 3.490 10,000,000.00 04/05/06 RIVERSIDE Provident Savings Bank 03/24/05 3.150 25,000,000.00 09/22/05 Provident Savings Bank 04/07/05 3.180 25,000,000.00 10/06/05 Provident Savings Bank 08/03/05 3.780 25,000,000.00 02/01/06 Provident Savings Bank 08/18/05 3.850 25,000,000.00 02/16/06 ROCKLIN Five Star Bank 06/16/05 3.040 3,000,000.00 09/15/05 Five Star Bank 03/30/05 3.200 2,000,000.00 09/28/05 Five Star Bank 03/30/05 3.200 10,000,000.00 09/28/05 Five Star Bank 07/27/05 3.400 2,000,000.00 10/26/05 Five Star Bank 08/12/05 3.830 3,000,000.00 02/10/06 SACRAMENTO American River Bank 03/17/05 3.120 1,000,000.00 09/08/05 American River Bank 03/18/05 3.120 1,250,000.00 09/15/05 American River Bank 03/24/05 3.130 2,000,000.00 09/22/05 American River Bank 04/06/05 3.150 1,500,000.00 10/05/05 American River Bank 06/16/05 3.240 1,250,000.00 12/15/05 25 TIME DEPOSITS DEPOSIT PAR MATURITY NAME DATE YIELD AMOUNT ($) DATE SACRAMENTO (continued American River Bank 07/08/05 3.490 1,000,000.00 01/06/06 American River Bank 07/28/05 3.720 1,500,000.00 01/26/06 American River Bank 08/26/05 3.850 2,000,000.00 02/24/06 Bank of Sacramento 03/18/05 3.130 2,000,000.00 09/16/05 Bank of Sacramento 05/11/05 3.240 1,500,000.00 11/09/05 Bank of Sacramento 06/01/05 3.180 2,000,000.00 11/30/05 Merchants National Bank of Sacramento 04/13/05 3.170 2,000,000.00 10/12/05 Merchants National Bank of Sacramento 06/22/05 3.300 2,000,000.00 12/21/05 Merchants National Bank of Sacramento 07/21/05 3.580 2,000,000.00 01/19/06 River City Bank 04/06/05 3.160 2,000,000.00 10/05/05 River City Bank 05/26/05 3.240 2,000,000.00 11/23/05 River City Bank 07/29/05 3.750 3,000,000.00 01/27/06 The Golden One Credit Union 08/26/05 3.620 25,000,000.00 11/30/05 U.S. Bank, NA 05/04/05 3.250 75,000,000.00 11/02/05 U.S. Bank, NA 08/19/05 3.610 100,000,000.00 11/18/05 U.S. Bank, NA 05/27/05 3.200 25,000,000.00 11/23/05 U.S. Bank, NA 07/07/05 3.440 100,000,000.00 01/05/06 U.S. Bank, NA 08/11/05 3.860 100,000,000.00 02/09/06 Union Bank of California, NA 06/16/05 3.240 150,000,000.00 12/15/05 Union Bank of California, NA 07/15/05 3.530 175,000,000.00 01/13/06 Union Bank of California, NA 08/04/05 3.770 150,000,000.00 02/02/06 SAN DIEGO First Future Credit Union 03/04/05 3.040 15,000,000.00 09/02/05 First Future Credit Union 03/16/05 3.110 8,000,000.00 09/14/05 First Future Credit Union 05/27/05 3.200 15,000,000.00 11/23/05 First United Bank 04/14/05 3.210 2,000,000.00 10/13/05 First United Bank 08/12/05 3.850 1,000,000.00 02/10/06 Mission Federal Credit Union 07/14/05 3.270 10,000,000.00 10/13/05 Mission Federal Credit Union 08/31/05 3.890 10,000,000.00 03/01/06 SAN FRANCISCO America California Bank 06/03/05 3.000 2,000,000.00 09/02/05 America California Bank 07/07/05 3.420 6,000,000.00 01/05/06 Oceanic Bank 09/10/04 2.160 4,000,000.00 09/13/05 Trans Pacific National Bank 06/22/05 3.080 1,000,000.00 09/21/05 Trans Pacific National Bank 03/24/05 3.160 1,000,000.00 09/22/05 Trans Pacific National Bank 04/13/05 3.180 1,000,000.00 10/12/05 Trans Pacific National Bank 08/31/05 3.630 1,000,000.00 11/30/05 Trans Pacific National Bank 08/04/05 3.780 1,000,000.00 02/02/06 United Commercial Bank 07/14/05 3.260 90,000,000.00 10/13/05 26 TIME DEPOSITS DEPOSIT PAR MATURITY NAME DATE YIELD AMOUNT ($) DATE SAN FRANCISCO (continued United Commercial Bank 07/27/05 3.440 40,000,000.00 10/26/05 United Commercial Bank 08/24/05 3.580 20,000,000.00 11/23/05 United Commercial Bank 06/01/05 3.180 50,000,000.00 11/30/05 United Commercial Bank 06/03/05 3.150 25,000,000.00 12/02/05 United Commercial Bank 06/10/05 3.170 25,000,000.00 12/09/05 United Commercial Bank 06/17/05 3.260 65,000,000.00 12/16/05 United Commercial Bank 07/14/05 3.510 55,000,000.00 01/12/06 SAN JOSE Comerica Bank 04/08/05 3.150 50,000,000.00 10/07/05 Comerica Bank 04/27/05 3.190 25,000,000.00 10/26/05 Comerica Bank 08/12/05 3.870 25,000,000.00 02/10/06 Meriwest Credit Union 03/16/05 3.120 5,000,000.00 09/14/05 Meriwest Credit Union 04/13/05 3.180 10,000,000.00 10/12/05 Meriwest Credit Union 07/21/05 3.600 5,000,000.00 01/19/06 Santa Clara Co. Federal Credit Union 05/06/05 3.240 5,000,000.00 11/04/05 Santa Clara Co. Federal Credit Union 08/05/05 3.820 7,500,000.00 02/03/06 Santa Clara Co. Federal Credit Union 08/19/05 3.890 5,000,000.00 02/17/06 SAN LUIS OBISPO First Bank Of San Luis Obispo 06/03/05 3.020 4,500,000.00 09/02/05 First Bank Of San Luis Obispo 03/16/05 3.110 7,000,000.00 09/14/05 First Bank Of San Luis Obispo 03/25/05 3.190 5,000,000.00 09/23/05 First Bank Of San Luis Obispo 07/07/05 3.210 2,000,000.00 10/06/05 Mission Community Bank 03/03/05 3.020 1,000,000.00 09/01/05 Mission Community Bank 04/06/05 3.130 2,500,000.00 10/05/05 Mission Community Bank 04/27/05 3.170 2,500,000.00 10/26/05 Mission Community Bank 06/09/05 3.140 1,000,000.00 12/08/05 San Luis Trust Bank 04/20/05 3.120 1,700,000.00 10/19/05 SAN MARINO East West Bank 03/11/05 3.080 85,000,000.00 09/09/05 East West Bank 04/13/05 3.170 42,000,000.00 10/12/05 East West Bank 05/06/05 3.220 35,000,000.00 11/04/05 East West Bank 05/11/05 3.240 25,000,000.00 11/09/05 East West Bank 08/18/05 3.620 38,000,000.00 11/17/05 East West Bank 08/24/05 3.580 25,000,000.00 11/23/05 East West Bank 06/15/05 3.210 25,000,000.00 12/14/05 East West Bank 07/08/05 3.490 50,000,000.00 01/06/06 27 NAME SANTA ROSA Summit State Bank Summit State Bank Summit State Bank SONORA Central California Bank STOCKTON Pacific State Bank Pacific State Bank Washington Mutual Bank, FA Washington Mutual Bank, FA Washington Mutual Bank, FA TORRANCE China Trust Bank (USA) China Trust Bank (USA) China Trust Bank (USA) China Trust Bank (USA) TRACY Service 1st Bank VACAVILLE Travis Credit Union WALNUT CREEK Bank of the West Bank of the West Bank of the West Bank of the West TIME DEPOSITS DEPOSIT PAR MATURITY DATE YIELD AMOUNT ($) DATE 06/20/05 3.040 6,000,000.00 09/21/05 06/20/05 3.260 6,000,000.00 12/21/05 07/29/05 3.750 4,000,000.00 01/27/06 03/25/05 3.170 04/06/05 07/07/05 06/15/05 07/21 /05 08/19/05 3.130 3.420 3.220 3.590 3.880 06/10/05 3.080 07/15/05 3.280 07/22/05 3.380 08/12/05 3.600 06/16/05 3.240 5,000,000.00 09/23/05 1,000,000.00 10/05/05 1,000,000.00 01/05/06 45,000,000.00 12/14/05 75,000,000.00 01/19/06 60,000,000.00 02/17/06 35,000,000.00 09/09/05 40, 000, 000.00 10/ 14/05 30,000,000.00 10/21 /05 20,000,000.00 11 /10/05 2,000,000.00 12/15/05 06/01/05 3.160 40,000,000.00 11/30/05 06/16/05 3.060 07/15/05 3.270 07/29/05 3.470 08/19/05 3.610 28 82,000,000.00 09/15/05 134,000,000.00 10/14/05 176,500,000.00 10/28/05 242,000,000.00 11 /18/05 TIME DEPOSITS DEPOSIT PAR MATURITY NAME DATE YIELD AMOUNT ($) DATE WHITTIER Banco Popular Banco Popular Banco Popular TOTAL TIME DEPOSITS AUGUST 2005 04/14/05 3.220 07/29/05 3.490 08/17/05 3.590 29 24,000,000.00 10/13/05 16,000,000.00 10/28/05 25,000,000.00 11 /16/05 7,355,495,000.00 BANK DEMAND DEPOSITS August 2005 ($ in thousands) DAILY BALANCES DAY OF BALANCES WARRANTS MONTH PER BANKS OUTSTANDING 1 $ 788,037 $ 2,473,980 2 1,180,499 2,105,086 3 1,126,494 1,875,827 4 585,601 1,906,043 5 550,853 2,108,249 6 550,853 2,108,249 7 550,853 2,108,249 8 646,953 2,018,749 9 564,192 1,946,238 10 448,868 1,831,393 11 347,733 1,823,754 12 281,393 1,649,230 13 281,393 1,649,230 14 281,393 1,649,230 15 479,684 1,727,345 16 578,087 1,739,854 17 366,340 1,734,701 18 579,630 2,292,106 19 734,903 2,459,887 20 734,903 2,459,887 21 734,903 2,459,887 22 751,592 1,992,992 23 529,520 1,799,442 24 613,791 1,733,746 25 535,688 1,627,010 26 480,724 1,798,658 27 480,724 1,798,658 28 480,724 1,798,658 29 813,845 1,677,566 30 611,770 1,833,893 31 839,962 1,327,520 a/ AVERAGE DOLLAR DAYS $ 597,804 - Al The prescribed bank balance for August was $544,862. This consisted of $356,107 in compensating balances for services, balances for uncollected funds of $190,758 and a deduction of $2,003 for August delayed deposit credit. we DESIGNATION BY POOLED MONEY INVESTMENT BOARD OF TREASURY POOLED MONEY INVESTMENTS AND DEPOSITS In accordance with sections 16480 through 16480.8 of the Government Code, the Pooled Money Investment Board, at its meeting on August 17, 2005, has determined and designated the amount of money available for deposit and investment under said sections. In accordance with sections 16480.1 and 16480.2 of the Government Code, it is the intent that the money available for deposit or investment be deposited in bank accounts and savings and loan associations or invested in securities in such a manner so as to realize the maximum return consistent with safe and prudent treasury management, and the Board does hereby designate the amount of money available for deposit in bank accounts, savings and loan asso6 actions, and for investment in securities and the type of such deposits and investments as follows: 1. In accordance with law, for deposit in demand bank accounts as Compensating Balance for Services No. 1674 $ 356,107,000 The active noninterest-bearing bank accounts designation constitutes a calendar month average balance. For purposes of computing the compensating balances, the Treasurer shall exclude from the daily balances any amounts contained therein as a result of nondelivery of securities purchased for "cash" for the Pooled Money Investment Account and shall adjust for any deposits not credited by the bank as of the date of deposit. The balances in such accounts may fall below the above amount provided that the balances computed by dividing the sum of daily balances of that calendar month by the number of days in the calendar month reasonably approximates that amount. The balances may exceed this amount during heavy collection periods or in anticipation of large impending warrant presentations to the Treasury, but the balances are to be maintained in such a manner as to realize the maximum return consistent with safe and prudent treasury management. 2. In accordance with law, for investment in securities authorized by section 16430, Government Code, or in term interest - bearing deposits in banks and savings and loan associations as follows: Time Deposits in Various Financial Institutions In Securities (sections 16503a Estimated From To Transactions (section 16430)' and 16602)' Total ( 1) 08/15/05 08/19/05 $ (483,700,000) $ 44,816,305,000 $ 7,306,995,000 $ 52,123,300,000 (2) 08/22/05 08/26/05 $ 2,380,400,000 $ 47,196,705,000 $ 7,306,995,000 $ 54,503,700,000 (3) 08/29/05 09/02/05 $ (4,309,300,000) $ 42,887,405,000 $ 7,306,995,000 $ 50,194,400,000 (4) 09/05/05 09/09/05 $ (144,900,000) $ 42,742,505,000 $ 7,306,995,000 $ 50,049,500,000 (5) 09/12/05 09/16/05 $ 3,193,600,000 $ 45,936,105,000 $ 7,306,995,000 $ 53,243,100,000 (6) 09/19/05 09/23/05 $ 1,630,500,000 $ 47,566,605,000 $ 7,306,995,000 $ 54,873,600,000 (7) 09/26/05 09/30/05 $ 147,700,000 $ 47,714,305,000 $ 7,306,995,000 $ 55,021,300,000 (8) 10/03/05 10/07/05 $ (2,567,700,000) $ 45,146,605,000 $ 7,306,995,000 $ 52,453,600,000 (9) 10/10/05 10/14/05 $ (30,800,000) $ 45,115,805,000 $ 7,306,995,000 $ 52,422,800,000 (10) 10/17/05 10/21/05 $ 724,900,000 $ 45,840,705,000 $ 7,306,995,000 $ 53,147,700,000 From any of the amounts specifically designated above, not more than 30 percent in the aggregate may be invested in prime commercial paper under section 16430(e), Government Code. Additional amounts available in treasury trust account and in the Treasury from time to time, in excess of the amounts and for the same types of investments as specifically designated above. Provided, that the availability of the amounts shown under paragraph 2 is subject to reduction in the amount by which the bank accounts under paragraph 1 would otherwise be reduced below the calendar month average balance of $ 356,107,000. POOLED MONEY INVESTMENT BOARD: Chairperson Member Dated: August 17, 2005 ` Government Code Member BOARD MEMBER ITEMS 2005-10-31 14:32 P 212 October 31, 2005 Thomas J Lewis PO Box 541 Palm Desert., CA 92261 City Council City of La Quinta 78495 Calle Tampico La Quinta CA 92253 Re: Investment Advisory Board Mayor Adolph and Council Members: It is with. some regret that I must tender my resignation fxoin the Investment Advisory Board of the City of La Quinta effective November 14, 2005_ My company is allowing me to transfer to an office in Maryland so that I may be closer to my three and one half year old son who lives in that area with his mother. I have greatly enjoyed my terms of service on the Advisory Board and hope that my contributions have helped to improve the cities investment portfolio and policies. I was a little disappointed by the council's decision at our joint meeting this month to postpone looking into hiring a professional money manager to oversee at least a portion of the cities portfolio, but, in light of the cities past experience, I do understand the decision_ La Quinta is growing rapidly and there is going to be a point in the not too distant future when the job of properly managing the cities portfolio will need to be handed over to a professional finn. Again, thank you for giving me the opportunity to serve the city these past years. Sincerely, orrias J. Lewis Delivered via fax & US Mail. 2005-10-31 14:32 P 112 Scottrade More broker for your money. Trade online or through a broker at your local Scottrade branch office. To: John Falconer From. Thomas J Lewis, Branch Phone: 760-777-7150 Fax: 760-341-0443 Fax: 760-777-7105 Phone: 760-674-5858 Pages: 2 Including cover Address: 74950 US Highway 111 Re; Indian Wells, CA 92210-7117 CC: Email: Date: Web: www.Scottrade.com +Deice Again, 5cottrade Ranked -Highest in investor Satisfaction with online Trading Services"' by J.D. Power and Assocpates. That's 6 Times in a Row! Unprecedented. C 1 i Member SIPC www.scottrade.com