HomeMy WebLinkAbout1997-01-28; City Council; 14015; REPORT ON CITY INVESTMENTS AS OF DECEMBER 31, 1996CITd)bF CARLSBAD - AGENB BILL 4 n 1
._ (
AB# jy,o 15 DEPT. H - TITLE:
MTG. 1/28/97 REPORT ON CITY INVESTMENTS CITYATTY: % -
DEPT. TRS AS OF DECEMBER 31,1996 1 CITY MGR: -2
I RECOMMENDED ACTION: I Accept and file report.
ITEM EXPLANATION
The City’s investment Policy requires the City Treasurer to report to the City Council on
monthly basis the status of the City’s investment portfolio. This report is presented to Cour
each month on the investments held.
I
In summary, the City’s investment portfolio as of December 31, 1996 is as follows:
e
0 Ek a
9
2
Investment Portfolio (Cash and Securities)
Current Month Prior Month
Par Value
Cost of Investments
156,694,49C 170,500,379
155,769,59€ 169,950,735
Book Value of Investments (1)
Market Value (2)
157,082,45E 170,900,700
156,868,18C 170,120,420
(1) Book value is cost adjusted for amortized premiums and discounts.
(2) Source of market values is Wells Fargo’s custodial report as of 12/31/96.
Interest Income
Current
Current
Income Month FYTD Month FYTD
Month Prior
Cash Income Fiscal 990,001 4,429,523 5,419,529 Year-to-Date
Total Income Over The Life 24,158,134 24,194,019 Of The investment If
Held To Maturity
e 0
PAGE TWO OF AGENDA BILL NO. j qi 0 I 2
Investment Performance
Average Life
/Years) Average Yield
October 1996
5.75 1.40 December 1996
5.73 1.51 November 1996
5.72 1.48
I I I I
All investments have been made in accordance with the City’s Investment Policy adopted Janus
1985 and last revised September IO, 1996. All investments were initially made in accordance
the City’s Investment Policy. Events subsequent to the purchase might have resulted in I
investments not being in compliance with the current policy. These events are typically a chanl
the City’s Investment Policy or a change in the credit rating subsequent to a purchase. See Exh
and 6 for details.
Investment portfolio has the ability to meet the City’s cash flow demands for the next six (6) mc
EXHIBITS:
1. Investment Portfolio Breakdown By Book Value, Market Value, Cash Income, and Ave
Yield
2. Investment Portfolio Breakdown Of Maturities
3. Investment Portfolio Graphs
4. Fourth Quarter Transactions
5. Investment Report
6. Reconciliation of Fund Source to Investment Portfolio
7. Corporate Note Ratings
8. Percentage Weightings By Corporate Note Issuer
9. Investments Held Separately - Quarterly Report
0 0 Exhibit 1
0
0 k
3
2
!3
9
2
0 a H z
* tm
5 n
2 4 u
k 0 E i;
W Q\ 5
& w
h l.4 M
!2
21
u w
w n
m 4
2 8 & Q Q
k 8 : E!
Q
g 8 & Q 3 g s
T
-T
4
B 2 g 3
0 M
0 4 h
0 E
4 Q
4
9
% l
Ek
ak 4 'i:
86 2s $5 s cg
u
2%
53 uc, 3:
V*
d 9
c 51 .s >$
15 42 ZE
8
8
c,
k
5 8
L
I 7 z M 81 11
c, E E L 3
$1 5
4 2
3 z
0
0
0
0
0
e
0 8
0 8
G
0
0
0
0'
4 a
0 8
0
0 9
G
0
0
0
0
6
3 z
3 2
M P 2 0 m
m m r-
N,
3 0
m N
I? N 0" 3 !2 2
00 0
:* 2
m m
" a
m 00 3
m N
M"
i5
3 x
m
M ?
s 2 a a, 3
P 2
3 m P m
L? 00 2" L?
U_ m
\b bd
M m
ch 00
00,
2 M
m \D
P 00
o?.
c" 3 \D
e c4
CR
\D 9
CI z
0 0
3 L? "" 3
00 00 2-
3 W
d
m P e,
"*
3 m
w rt
L? * x
3 00
d
m N
00,
a?.
3 0
3 *
6
5
m
M ".
G ".. m m I?
N 0
Q.,
m"
!2 3
m
N 0 3 3 M 0 m
N 0 P 3
3
m m
m 0 a,
c?, r;
m m
h 2
2 v;
vi z
s 2 d
d m z- L? m* 3
d m 2 : N
s 2- L?
M" 3
d M 2 m
d 00,
PI El 3 v1
3
$1
GI
?I \b m
SI
m 00
?I L?
m
E{ 00
m
5 b
4 % 3
s m m z
s
". Q
0 m
m N x
:*
3
69
0 00 3 00- L? :- M
€4 3
0 N 2- 2 e 3
64
M m 3 :" 00
M
64 3
0 0
0 0
t"
3
€4 r;
rn Cll 2 0 b
0 0 Exhibit
N
h 4 0
z
E
Y 2
0 2 E T g ;z E P p e
r/l 4 E5 $4 2 58 J
3: B
0
c;l
ow %
aw h ca Q m9R tri
4-f 2
8 ie
c 8
u
T
4 0 GL 0 8 w
$ Q
SI 8
ssss$s$$$ s
-mNN 2 88" 09- mSem 2 21 8
g s
Gl 2 2
0 0 0 w P 3 3
3
N" N
N e 3 m
N, + \D
3 30 3
3 P
d
N 0
Q.,
",
2
m m
d m :-
2 N E\ CQ
m
m m &*
2 In
!E -1 63
rn E * s
g v,
M
0 0 0 0 m N 3
3 v)
3
LC 0
0,
d -
2- +
0 0 01 m m 3
2- cn
N 63
s
t; c?
2 s
g
ooommoooo1 3r-10 30 m s 3 "! v)d3 *- ;e 3
0- 4 +* * omv) cr) m
N
63 10 0 3 30-
m2
-1
g * d
rl E x E
0 0 0 d z r" 2
3 N
30 rn
d 30
c"
", 0,
v) N
Q',
-*
3 30
3 3
N 0
:* 3
** cn m
d v) 2-
2 N $1 00
m
N z
3 0 3
63 30
3 r- - m
b u q82tH26~gg b&2 *? 2 d b
u rn 4 E e a s
0 0 Exhibit 3
0 I a" m ->> r aa
22 .i4 7-4
I 3 &
h2
Em en
H
G
I i m
d) 5 M
3 E
E
k
aJ 0
h 0 "oa
d 5 n
if j q
mfgo
s b
m T=
................... ...................
................ .............
% A4 ce
d) Ll m
I s
7
F
0
c3
e e
e 0
c6 0
Ifl
c6
*d I
rr!
04
m
H u
h ro
G
r%l I
0 E I m
4) z H
% 0
d
0 Td A4 c6 0
s
a
\9 m m +
c\ * m
8
E s
6) 0 fi
2
CI 0 s r cci N
v)
0
0 u)
C 0 % a z
.I d) E - .c,
2
v) a E a 0 Q + Lp. a U L os
03 3 3 u, JLL Cn
0 Y C
Q) S 330
0"
.c, e? 2 - \
b a= 8 -
a
Im €I la 01 I I
s
ci 0
\O r I
s
c6 0
c')
#
I s
Ti
00
N
0 a Exhibit
00" ~mrnmoe m - 882 o,s;fi:s 0 2:;:
z- z Pf (D*
7 5 g* me 0- m. z: 2 q 0x8 NNOO -00 v) 00
moa (DwNmNm QO- 2 mmom (DO0 j $1
.- !I $2,- 0- mmh~m~ ". m 'z " " 9
-. '". -. " -" 0. 0 g""g- '9 9 u? m.
988E29 :- E- 94MZ 525 9 9 " " " " - 9 9 " -. N- N- " ".-Nmrr " 0. . -
E "0N C"
-
N- -
00.- Nm"O0OO zz2 '?"0?0V0" t 999': 2%: PmmNuln*O
NNICO -0- h 0 000
0.- - 00 -0" m ow-- I; F $E218 mo0 x 99s
'9 = Q. -- 0- o? ht.0 0
P.-N "O.-N'"Z r
$ 888 s ssss gss s $$$$S$ sss
- tnm~~ 262 7 0ICom 0- 0- " - (D-m NN
7 7 c
E, zzz OOONOO N wm"om (9 0-a0 om"
ss
mar ; HI $:: y???~~~
f 2- 2. ;- g m- Ne m-
2 f y?:: Y?: 00
a: 23
000 2x8 00~000 z xxzx
9 9 9 m m (D- m- 0- 0-
wmo
z mm100 mmm hIONhO0 z- :e2
sz - mmo- 2 mmo :- :. :- :- Z
OO~OOO OOrnO oom m
mnN-Lnoo
00
u- -00 0-0 2 $- gjy Owm
0. N. 9 0. 0. e.
mmmmom '9 N- N- " ~ICL~~OIC
m 0-
0-
0
-om- sa ma- ""
: g
N -
$$$
No:
ssg.sss ss$s ss$ [ ZWm 000 $88G8:: 5222 000 ~~=?~c;.~ /?EE :?; oom 03
0
000 000000 0 000 000000 0
9 0. 0- 0- 0- 0- 0. 9 0.
0- 0- 0-
0000 0000
0000 0000
000 0 000 0
000 000000 2 000 000000 0
0- 9 0. 9 0- 9 9
9 ". 4 0.
om0 s
2; I NNN 0-9t..O-O-9 0 9 0- --ma 0- 9 9 "7
0-0 h
"9 rr-~m- LO F F
00 00 g s g- x 00
0
0
- 5 0 a
0
0
m =o IC ?<a sslS& ZZsN~Z
** (D
831 b E22 0- w c! (D 0
ssss ?<? m zzzz a
J W -3 e - W 8 2 -N'O Kg2
b mzzz $WE? e
J a-- -255 5s
&==
'" . s
2%- msJi;g $sa0 "$ 1 :?: @$3$$ =2WW or433 a 15
2g$ 2J83&W OOSS$2 ::$g
Sjao ggzzZ$ Zr" L 2zg SIL=!E g$
::::am W s3m' ICE&& ggZQsg gz22 &; 3z ?ib ++"?':J
$22 99sss2 WOKK
N
J - B
A4 40
08
3
3 x
:o $2 W
&E. gEe s
02 ,249 =!"+ s
t9P EEZ$Z$ GO00 ZZ? 9 %E cLk33 kUU E
won h
(D W m
K 00.- (9"33W? 3 0
00~(D~zJ
m
IC N>k* *Urn
2 :e 1 st5 sssssg ZZEE sss
c
UJ (Dc 28 2, St? .-IC- om0 mmmmr-03 mmmmmm u)(Dm(D
z." m-- maas$& Z,("F;F 0000 Z$$ 33S252 or?B? $g$ (0"
gi fq
.-c - ....
""
c E 20 Q -
9
3 h
c! m
0 (Dww E= eee 888888 (9 ulnmmU7 b!. $:G mNm aa:aaa g SSKS or?? : 0:
3"s n $2
?????or I wo
ne; %al E, "7 ;%gg$ ; SBR t
" c!?!?.
W EgZo ezg c n z W W I- z %;=.
e$ LW (D(D(D 2 (Dmwwww 0 mmm 2 2 3$g SSZZLL + I sz Y z :s 2 c ;I. %-" .- E s3ss ; 1 i E ! ]. g ix I'1. % %
0 ;o 3
d
wm mz q kg m W wmm
mo 4 z ;g 9 1 -I 5 $g pa 2 ji 5 5 a yf3 p B
W I- 0 ? LO 20 &009X c 20 0 ciioi 0:
(9 rn m
0 W + n
r
2
I c K
0
P s
5
n
J
0 c
0 0 Exhib it
- - - - ." -
mmmm~mm-m~-m(~(~-r-~~-mum~(~o~m~m~~~~r-~~r-~~tmm~ - mmmr-NN-a- N~w~-~-~~o~~(DNN~-NN-~~N-NN~~~~~NN~~NN~N-Ic m -mmr-r-mmmm ~mmmmr-uu~r-~r-~-~a~a~(~a~a~a~~~o~a~m~a~m~~~~~r-~~~r-~m~m~r-~m~m~m~m~m~m~r-~ m. r--mmmmmmr-m izj "7" "7 """""""""" .-. -
+ ~~8&%~~%%%~K~x~Xz~~~~~xxx~~~~xx~-?x-?~~~-? 2 g&!cv?~?~~~ (~momom~mmomooom~~~m~mr-ooo~~m~moo~moomr-mo o omco-om-tm
Ez .-a~~~~m~m-~amr-~mtm~~mmmooo-momoommoommmm mm~m~~~-mco--~o~m~r-~o~-~-~u~m~t~-~m~~o~o~u~m~m~o~m~o~o.m~m~m.r-.r-~t~o~m~ 'D ~-E-%-%-~:-Z-S?-I?-%. e.1 ~mmm~tidd~-mouoN(Dmoor-mr-WWmWmmummmmNNmu~N 0- m-ow(uoomm a~~mmmm(~~~m-m~~~mmm~mmmmm~uumou-omo-~~omm o rnoomm~N-N --m-~ooo~mm~m~~~~m-mm~-~--r-u-~-~-m-~-~-m-~-m.(~-~-m-m-(~- m- --N-N--~-.-.-.-.-. gw
~~~~~-?Sa%~~R~~~XSSa~?~~~~~~~-?~x%-?x~~~~~ ; Y?;v?~~!-?~
g ~~~.~.8~.$~.8~~~~~d~~~-~~~~~.8~.~~~~~~~.~.~~~~~~ .@ $g&)g~w~D,pg
8; K~~;~~;;;;~ii~~;;;--; -.-NN---NNrr-N---N 03 t0P)NCUNN-N IC
(~mooom~mm~mooom~~~-omtomor-a~moowmoomr-mo -r om-moa-uw
~aa(~~u~r-m~tmr-o(~~(~~ommmamomo~moo-mooomo~ rg~or~g~~~~~~obrm~~rr~~~g~~r~oo~m~t-~g~m .- b~m~o~~.t-~o~m-qrn r-WwOmmuN.- 9/ " " -Nmu~mNNNNN"-mmmuNNNW(D~NmWNmm(D z N- """""
7
z sssssssssssssssssssssssszsszssszzzsszss s sssssszss
WLU 8RSS885:$5g~5:zSM~88SZ~~4~~S5:5:5:Z~5:85:~~8~~ 5: Z38888k388Z 251 9499y"'4'4-rnrnqN~9-Nq~Nm-999k'4'4mU-999-rn-m~ uI ~mmWmmmm(DmmmmmW~~mmmm(D(D(Dm(D(Dmm(D(DWWW(DmWW(D 2 (DmmmmmmmLT mkqq?r-.m.yno
W
ooomoooooooooooooomo~momooooooooooooooo (D oom(oooooc
E% "8=~85M~~~~888~88z~8~~"~8~~~R~8~8~8z8R~ t a-tmm-rnr-a m~m~m~~~o~m~~~o~m~r-~u~o~o~o~m~o~m~-~m~o~m~o~m~u~o~~~~~m~m~m~o~m~o~o~o~~~o~m~o~ o. ~.a.m.r--r-.m-~-m-cr psl r-r-IC-oNr-r-(DmmooomoWmmommmmo~mWICmoWooooomN
N mmummr-wwa mmmoo~mm~mmooomommmomummo-~~-mooooomomu m mm~--mmmu >I m~m~m~m~o~m~mmmmm~t~~~~o~m~o~mm~~o~uumm~~o~mo~o~m~o~o~o~o~o~mo~mo~ N. ooooom~mmno ""mN "UmN-7 -- NN "FN"FN - N ..- m-m-m-ru-rn"" -
$5 00000000000000000000NN00000000000000000 5 88888888E
"Ornrc999099"99999"9rn9.9"~99999C9999999999 K ~~;x-?x~%=
za W
W 00000000000000000000uuooooooooooooooooo a OOOOOOOOC xxxxxxxxxxxxxxxx-?xxx~~x~xxxxxxxxxxxxxxx 99999999c
ig 221 Wy 9~.~.~.~.~.~.~.999999999999~~~~~~~~~.~.~.~.~~~.~~~~~.~.~.~.~.~~~~ 9 0.9990.0.99= 000m0000000000000000W(Dooooooooooooooooo oooooooooooooooooooommooooooooooooooooo m Z8888888E
gI
o~o~o~m~o~o~o~o~o~o~o~u~r-~o~o~o~o~o~r-~o~-ruo~o"~o~o~o~o~o~o~o~o~o~o~o~o~o~o~ m- "o~o~o~o~o~o~o~c NNN-mm-."-NUCONN.".".- "NN"?.-NN---N-r-N 7 UOmNNNN-P W I-w 20 ww
I- zn oz $8 -2
w 2 t
2
r- ? -
8 0 c z '4 $ %
g z 5
L 03 m !!!!I 2 IC (DDF-euGggg mzr-m ... S 33 -5 L 5 e
-JW z>wLAg"" z d 5% z
m 2 h ma
mmmr
W 'D r-t.
w- r-r.:: 41 lmqJ
3s;&;z==>m WSdd e2 Fsgk % @; q,3g$@@~;
! zs-2 ~~~~~~~~~~~~~~aw~~~~~~eemm wwm~~~~~~mmmm~~~~~m~~~~~~~~~~~~~~ ~arrraagg snnnzs~u ;gqq.azzmu
-r~~,wa"m,sg,~awrasw~~z~~~~~~~~~~~~~~~~r ma?%,%,%,qqwc l-(D(D(o(Dli-lm~~
,,,,T$gm $+sudd33$g$$gg E&:%:$ ,;g$4; 3$ICr-r"-.- <so<$;$jw qNZO;dai;s @~wmgz$~gg 2G$dkd;ms;sg$3 aw$c?s;;aE
r-os~$~~~~~s~zmo===~z==.. er-w%-w&&w "NNN, mmmm~~sz8;80j$$~$zE ug$<$&"z,~~
~~~z~a~~~as~z~~"""s@n~s,~m:~m",~~-s~~~~~ 33nysg$zXz,~P" &>>>>>>6t WWWCiWlYWZ~ %~,~~zEE~w~4~~E~~~~~~~~~~8~~~~~~s~"W"d~ umm<<mmu" mmm<o& .-;dWddm(D IC ;zzgzzzCOII %MSSS;$
mnm,,uunwozn'~""~~~wW~~~~
~~~~II~JonlJ~zgzzzzzo~J~zlll~~~~~,l~III 3=EE=-
uuuuuuuuu<uuuumuuuuuuuuumuuuuuuuuuuuuuu E5!?!?!?222!
mmm.a~~~~<~6~a~mmm~m~m~~ <<mm<<g<
zIIIzzIIu-zIIz-Jzzzzzuu~I~II~zz~zz~~zz~Z
FI dddddddddddddddddddddddd~~~~d~~dd~d~~~d ~~KKKKK~Y~
$1 888~=888888~66"~~~88888~~~~~~~~"zz~~~~~ ai;sazzGazs ooooooooc
5 SI
c k-k-k-k-k-k-k-k-k
z mmmmmmmmmmmmmmmmmmmmmmmmmmooaoooooooooo r-r-r-r-r-mmmmmaammmmmmmmmmmmmmoooooo------- Icr-r-lrr-r-hhr- e2ee??eee? aw ="=""""""==""=""~"==~~==~~~~=~"~~=O-NN- ~~~a222hz2i;s~~zaaaa~~::ssz:a:~z~aa~~a~i;sz 'D;;RZZ44;;;;
E 5 888888888~~~~~~hhh~~hhhh~~~88~~88~888~~ N(DWWWWWm~ ,,, m~mrnomrn~~mt-~m~o~~t-~~~~mm~~~~~~om~o~~~o~ s55s%sGiii? sk ~w~84~~w~~~%~~499w~~~~~~~$~~~~9~~~w~~~~ g%s$$ggBE
2
mmmmmmmmc
0000-0--00.a000-000-0000000000.-.-0000000- aaaooaaoc
0 0
- - - 2 6 (~)~(~)~clnmumm~~mlnln-ln~mww-~omo~ m ----- fj ,z. (I) m~~~c~mmm~mw~~~m~~~~~o~~~o~w~m~w~ln~ln~~~~~~~w~c~w~ m- oouwln~lnelnw-emmum~~~~mmmmmmo m 3 7-7 7 7- """""""" 7 En
g $ 98~ssws~~~%~~s%88g~s%~~s~~~ s gqsso g $ ~p~~~~omm~~mww~ooo~o~~~~m~~ P NY(DYN - mmomo~uo~mo-I-~mm~~~~o~~o~mm m .-ONLN -I 13~- m. ~.O.-I~(I)~(I).~~O~~~N-N~O~-.-I~-~-~~~(I)~O~~~~.~.~.~.~.~.~~-~ m. m-~.rcm-nm N. h. m ~o~~~~omr~~~oorn~om~o~~m~~(~?~ (I? rnoam~b S Y,
-I$NZ u u- y N
$2; ln lnwc-mcc~umu~(~)--~mm~m~mulnm~o mN-m"-ln~N".mN.-".N.N-oN-U-N-N-m.N.LD.LD.U.ln.N.m-U. %. %%-g-z-E- 2- f Ww& $ ---N--N------N-Nln(I)--NN-N--- 7 ln uZ
(I) m mo(~)o~~~mlnou~w~uoo(~)~oum-~oco- IC IC-IO~O -I -I
%$ In l.lnNNmmo-INmln~molnmom-mln-~oomln m lnmmwm In .-
-I x mooowNo~k~qwN-qoo~woq~~o-~~ momln-~ommNumm~uooo-oum-lnm~m Z XSZZk 2 X
rg m m~u-m~-(~)m~o(~)---~m~mlnm(~)oo~m~ m
;/2 2 ~%6~~~2Xa~~Z~~S~~~~~~~~~g~~ g r" r- m m. z. z. NN
tN
ln- mNm- N-NN--NmmNoN.-.NNUlnm(I)mmm LD-
-7
0) m U- N
z s g sssssssssssssssssssssssssss 6 sssss g. 6 ;$I: 2 ~:~~~:2~~~2~~~~~~~~~222~~~~ Z y?!;: 2 2 - lnmlnc~~-(~)lncmu~m~ln~~~mm~m-oln~ m mmmmm N ln -ooooomoooomo(~)ooooooooooooo OONNN
LL
o m ooooooooooooooooooooooooooo o mmomo - o 2 8888~8888888888888&88888888 2 z?gzg a z n+z b mln~~~~ommmuo~ot~oo~~uo~~mmu m bmooo m m
(I)(I)o~-mNm-u~olno-mom--u(I)LDN~-- Z 2$Z-:X 2 S ?;E- 2 999pymK93999"%9~~~99~~~pmm9 % m*.o--"ru :. 0)-
~-~mmm(~)ln--motoo-~oo~m~~-~u~mm r- mN0-0 N LD
wz5 5 o.o.~.mm.o~.m~~m~oo~m~o~qo~o~o~~~~~.~.m.~.~~o~
ga I- 3Iln N U "ON? ug
ki? e- YIQ 8 8888888 op: L3 - g- 9999990.
E5 - R ---N--N
E: z
2: 3 8
(P 0 0 0000000 ? ? 9999999
&p qlg 2- 0000000 0000000 90.99~.0.0.
20 UIW
v)(3 0 WLL z
a 2 a53 $&5 r. 02s " s
km * :s5G zj4
g$i ";;
g
2
F oma~33o
SIB @kZb2Z WZ sonwesy
3 n .gg:2:go :@2:3g Ngfflsm"
~g~~~p
3 v) oo@$Li
d ;;zcs5g
N 1za~qO0
22
0)
d I-!?
XI>ZQQQ:
00000000 ???????? 88888888
99999990.
0.90.0-9990.
00000000 00000000
"""N.-
we JQ2 W3 $e m02
5: iO%O%
i~ozo-rn,= 2g5g:iQ; &?:GggG$ e-l.coqNo (I) L"t-swLDsw4:
.-w.so~n~~ ~g;g.-$LLLL
,fflwm<000
5%:$;$$ ~I-%LLo~~ :gk2wz" gg&$$g8$ '3owI-oov)v) okommkaa
25 ;so< od?$
OZZZZ
:om3
00
000000000000 ???????????? e 888888888888 8
000000000000 0 000l.00000000 b
999999444999 9
ooomo.o~o~o.o.o~o~o~ u- N-dd .-N Cv.-N".- 7 -I
s
3% 2 d k
ss a2 P (I)= Odd 9 WWodZva $$snsyzi$, oo~t8zooT$ oo~ooozi;~ aawzS8g03z &$08"lnN zmmsss~eGg?5
2ss~2#3?3;;zL
$88g~SWg$~g
_I ww 0
J 3 ffl
"
mWW~oz~oZoo
Ummo wzz.s~~ul%~s~
syyznF&q,Qg2 ~no&si"&&mks
w&&LL&3gs:~g; ~~zoI-~o~I-oot- g~~0g~0dfflF0"
LLqqaeFa"N-JaLD
3wwmowmoo~~o ouuazzaozkaz
mmomo NbONO i;j F2 CdGgg 8- g z- z- z. ;- z* Ic o
mmo-o N o m m- 9 " N. L". L".
-I"DN? u 0 -I$
$$
22 ob0
I- v)< z LL 3 0
32
0 8 +> 52 ZW
zzI-52 x2 $0
szgg!?
k%%99 L:E;b E+" zgd&
WTI-aK
+nuuu WE--- EO<<< ii0JJ-I
!IF 000000000000000000000000000 z !J$
zzzzzzzzzzzzzzzzzzzzzzzzzzz 00000 I-
ce m cccccccc~mwm~mmmmmooooo---- mmmmmmmmmmmmmmmmmmooooooooo :Z::ZZ:Z::~ZZZZ:aaa~Z~:~ZZ: ~~~~~~~~~~~~~~~~s~~~~~~~5~~
000000-"000-000000000-000- -
E 0 2
59 ~mmmmmmmmmmmmmmmmmmmmmmmmmm
wWX ~~~~~~~~~~s~~~~~~~~~~~~5~~~
NNN(I)(I)N(I)OU(I)(I)mUwln(I)lnlnln(I)(I)lnww(I)~W ~~~z~z~a~z~~~~~::~~:~2a~~~
E+ 000000-000-000-00-000-0000- 30 5 t
- >. c 3 s E e LL - - -
* 0 Exhibit I
Reconciliation of Fund Source to Investment Portfolio
As of December 31,1996
Cash Balance by Fund:
General
Special Revenue
Debt Service
Capital Projects
Enterprise:
Carlsbad Municipal Water District
Sewer Fund
Solid Waste
Golf Course
Total
Internal Service
Redevelopment Funds
Trust Funds
Misc. Special Funds
18,503,926
10, I 13,594
1,811,910
66,744,562
23,593,782
26,009,824
43,237
826,205
50,473,048
9,774,859
4,862,449
7,752,693
0
Total General Ledger Balance 170,037,041
Amortization of discounts and premiums
Deposits in transit
Outstanding checks
Wire in/(out) not recorded
Other
Net adjustments per bank statement
(949,965)
863,659
Total adjustments (86,306)
Total Treasurer's Investment Portfolio 169,950,735
** Figures based on best estimate at the time report run on 1/16/97.
# Exhibit ' CITY OF CARLSBAD INVESTME ORTFOLIO
AS OF DECEMBER 31,1996
CORPORA TE NOTE RATINGS
Investments Meeting the Current Investment Policy:
(Ratings must be AA or better by both Moody'sand S&P)
ASSOC CORP OF N A
CHEVRON TRUST
DETROIT SEWER
DUKE POWER
FCC NATIONAL. BANK
GENERAL ELECTRIC CREDIT
KENTUCKY UTILITIES
NORWEST
SHELL OIL CO
WALMART STORES
Moody's
AA3
AA2
AAA
AAZ
AA3
AAA
AA2
AA3
AA1
AA2
S&P
AA-
AA
AAA
AA-
AA-
AAA
AA-
AA-
AAA
AA
Investments Made Under a Previons Investment Policy (Ratings must be A or better) Prior to 2/13/96
Moody's SLP
AMERICAN EXPRESS CREDIT AA3 A+
FORD MOTORS CREDIT AI A+
SOUTHERN CALIF ED A2 A+
UNITED TECHNOLOGIES A1 Ai
Investments with Subsequent Changes in Credit Rating *
Maturity Carrying Market
Moody's S&P - p& Purchased a a
DIGITAL EQUIP BA1 BB+ 11/15/97 A2IA- 1,011,814 1,000,670
DONNELLY A1 A+ 12/01/00 AA3IAA- 1,119,738 1,085,720
UNION PACIFIC AA3 A 03/15/01 AA2/AA- 1,998,864 2,000,520
* The City's Investment Policy allows the City Treasurer to determine the course of action that would correct exceptions
to the policy. All investments are paying interest at the required times. The principal of all investments are considered
secure. It is the intent of the City Treasurer to hold these assets in the portfolio until maturity unless the opportunity arises
to sell them at a gain.
dRi Exhib j
eITY OF CARLSBAD INVESTMENT PO OLIO
AS OF DECEMBER 31,1996
PERCENTAGE mIGHTINGS BY CORPORATE NOTE ISSUER
Investments Meeting the Current Investment Policy (Percentage Less Than 5701
Investment Cost Percent of Portfol
AMERICAN EXPRESS CREDIT 1,023,770.00
ASSOCIATES CORP NA
CAMPBELLS SOUP
CHEVRON TRUST
DETROIT SEWER
DIGITAL EQUIP
DONNELLY
DUKE POWER
7,041,136.00
2,062,700.00
1,026,080.00
1,014,980.00
1,053,390.00
1,145,610.00
2,048,020.00
FCC NATIONAL BANK
FORD MOTORS CREDIT
KENTUCKY UTILITIES
NORWEST
SHELL OIL CO NOTES
SOUTHERN CALIF ED
ST PAUL CO
UNION PACIFIC
WAL-MART STORES
975,690.00
1,957,160.00
2,024,340.00
4,055,670.00
1,016,050.00
1,000,000.00
1,037,340.00
1,997,320.00
2,491,325.00
Investments Made Under a Previous Investment Policy (Percentage Limited to 10%) Prior to 2/13/96
GENERAL ELECTRIC CREDIT
Investment Cost Percent of Portfol
9,108,300.00
Total Portfolio $169
e 0 Exhibit
.m .m .m .m .E EffEE * 00000 Y !==!e!== S m 33333 00000 u)%2iE smmm m +;EZ m rn
0" ;
fn '5 ggl?(s
ala 2 z= I- s
2 iT 5 ii
Y-Y-Y-LCY-
al .- *e = QE om Egg2 2 E mcnmfnm
.s 00000
$0 I-G 23 mtsi5jts ts 0 22.222 2s e- X%.+?$ 0 It ++I-++ 22 E iiii tsG5 a 2 .g .g .g .g i5j 0" iiLLLLLLLL
s 3j q y 0 n? I-- a- m -!!
gg c, z 5 (Da0u"(v
CI aJ -*"e - - "C.C.C.
w- 0 I+-
c, 0 aoym (D c, 00000
c PO p: u) 99999 a m7c90m
0 c,
2 rUmra0-J
Q) I-' *I- m g 2 tU(v7m P(D(D0ro
(D 0-J
0 a, n
.e 0 Q 2
c u) 0"
c, E* 'c1 a% :SF < g F-
Q >:
zag n 8
os,
o0a en n
'CI a'. m
a9 a - >"
h L
.- P LS 30 mP E
u%:, $2.;;;
ms ddn:
U u)
S
c E
u)
S 2 -
i; e
Q) 8 - Q 0
0 0 9 % a
(D d "? a 7
.- u,
L
c, c
Q)
.I
8 - Q u
0 8 ro
I- I-
n!
0- 7
7 ? 0 2 om 82
RS: z a-
7 - u) ii
.O (D 0 P 0 v- m om
0- ' " 9 u! $ 82
co nl I- z- m
0 00 5:'f (D mo 7
I-
0-
0 7
7 7
I- s!ss .z TZZ
d s s 5 ea z 2 z 22
s I-$$ $5 $ s ;$ 2 r-
-0-0 KC 22
$$ cnm mm
I-I- F9!
-5-
W K
E
B It!
Sgg etiti
emm una 0 0 0 520 IL IL LL aLL
c)
(3 .Y .N 3?355 :z
JII coo
v) v) v) aJv)
00 WOaJ W 3EE .E c 0 zg ""
c, S
Q)
..
8 - m 0
u) ii
(0~000
7mmr-m 70040
m(DaI-(v ~(D(D0m n?n?7m
tcaaoqq
as" Pan?
00000 8888%
00000
oooo(v
tU0lI-m mI-I-ym
0- 0- 0- 9 @!
I-I-I-I- 0000 zsaza s!ege2 VY7d 0000
9999 a:b"o"og Icucqoo! mmmm
0, n .- -
cn -0 a, Bm
0 om
9!m
c. z c c S ;E
8 gu.2 mu E"g$g
zzzrz; 2J-I aZmk5
-0 zs z:
'O,f€ *5 a
al
Fg".-a)
aQ)l=g1 C c252 S
$%FJ .z.ri;xs .- s zG~bp,s ass.&$ s 2 'U % a LQE-IE La=&$, g$.
w c U I= E $2 -0 C
LL LL .- 0 a .-
III -7 gIII hZmmmm r I II 5 IIIII mamma
I. m
mmm 888 .z .z .z scum 0v)v) ._m .m .m .m .E m m m m m m
kkCC kkkkkkk ZGZZ ZGZZZGZ "
C K 5 t C 'E 'E 'e 'e .z '2 .m .9 8808 8888888 Ef u) Z2F gg e
' 0000 0000000 88 E mmm
0 0 0 0 ZZZ%%%Z (P Z 'Z +d u)
~cccc ccccccc
g'zzzz -".Id mmu)mzzz Ezz >
g .g g
azzzs "e"" sew .- .- 0s: -
ILULLU *k*k*kk $$$$;;& la!!? a Q 222 0L-C L a 2 TZ3
ru- f!iN
s>m$$a =yg=g" * rw brr + Lo s
0oii cd6:ddhr;4 u) 8 z zs 4 bwa OOqF- :*
* 0 0 00 E mob
E a z 22 E apz
*Lo0bcO oLooocoo b* cqb- 9 s-2 Oo,Z$N gzzc3y0 gs - Lo Q) 3 z- w
C s33 LLLL
LLLL ccs
31s .e .= .= mmm
"_
.- a,
C '3333 11s3111
wwwwY)Y)Y)
0 sss "c
* L
0000 0000000 0 0-00 oooLoooa
aaaaom arr0mocD x3q0l-a rwboaoo za '9b- ow z $$% I- 5 5 a ni b- 0- a5 b- a- w- b- 0- E r ii
4)ooo ooawooo ""00 -o(voooo * .. 0 0 00 ;; mob
WOWV K&~+&L& waoo) bcowwow ow Q) mbm e a b- ru- m- 0- b- w- a- v- b- 0- 4 0 0 Q m 0
0- w
- r ni 2
Ea a z zs 2+ 000.8 0000000 000 = 0%
ii
1w; '
QOOOV 00000~4 c99b aoooo, ooooow = 0 0 0 co 0- 0- 0- 0- 0- 0- 03 ow o,bm > 0-a-0-0- 0 0 0 Lo 0 0 '9 b- o cn Ln-
0U)QN (Vmv-rmo bV g-v 0 o_r, :* %% 5," n
OS$
(v- (v
az3 2, bbb bbbbb -=@Fee 3zaowaa o,mmmo, +++.+ w 0
ii u) u)
c,
0000000 0 0 00 mob
boa3
% 5 $:
a" CC
"7"
c*a ea n zp$~~" E!~ZQQZ~
rn
l-wss? s e! ss sss zv zz zzz VW-O-ru 3j 5 'c1 E 0
5 000 00000
ub 323aaSS ..oo S&"o&S& 992 9 2
33,.zzv& zzV?zzz s Ebs $2 s5s 0s zzz
.- CI) 5
m mo
0 om c a, 2m
5 :E
$5 EO 0.: Em
a%gE a .!?
8rQp-5 ZZI%:Cl
c =K
-LLLii
0) =a
m$ oc gg mF mm
c .= E<
80 gz;*ga gg%zza¶g
Z'D-I-IJ a~~rn1~53
cw 32 aam5
ZOO Em
LLLLLLLLZ z (UIII.~~
K
m U
'D C
t 3 LL
t a? q
I=$
E
e
'om Eu)
- -
Y m m S - I xrrx XXXXIXI mmmm mmmmmmm
'CI u)
E 0
0 E
m 0 0
rn
.- c, - z
2 x
e9 ai ai F
$$
E3 sz
2s w p: LLL c m v)v)v) CCI- L? 2 I 3ii z zziz m IHZ
eb
UYm mz
g+
om E4 om
s> A mmm = mmm .- I, '0 3 $ I-I-I- 22?2
Y
Y
00 *
c .- * -0s 5% * c3
295 c, LLgg z$c s ma,
L LE2 a 2 .4 SA?:", 8 .A?$&
I x II * cncnv) m m am $ XII
L
-0
88-0 5 a $5 3st
E" 2%:
LL
a,
2
-.
cc) 0 0 a n
0
c I: ul L. m " Is 0
0 2 a
aQ 0
0
.I
E" a
s>"g 2
L
U fz 0 00-
IZ 0 Q 2
c, Sa U Q,g zg- * 8 7-
Q >* osb QZ .= a 0 hQ, Q,
000 20 n
U C 0 m
c, ..
C
Q) m
0%
pl
0 io
LL .-
Q 3 - 9 t n
.- 0
U 5% P
Dfi; 3 0s mtm
ms "p!
!?E LL
zc ._ c
+-.
CI
0
3
ul K
K
Y K
. .-
- .- -
LL E
2
d s -?-
2s: T-
OT- 99
@-! d" $?
mo 710 mr
0- zz
ad.
T-m -0
Lo-
*! 9
@s 32
Sa 22
= I; : 4-l v)
e 0 E
5%
.w E€ $2
E&
3 ?
>Q
.- $ 0 3 aU ILL (9%
WK 2- JK gz 52
15 00
* .- 0
L c,
-0 C 3 .ur z 2 E$ Z? 's ;$ ;E !2g
"2 v)a
3io OLE
2 rr
00 00
am 00 SC
33 v)v)
!!??
GZ !=!= WW
J-I - mm .o .e KS
mm zz "
.Gs 00 00 8s 73
ss zz
ra3 Yc9
t N
* o?
si3
g2
7
Ya3
d" Loo
om d7
Tu3
-?- m-
* o?
7
00 00
GS ii
'cc aa
JJ - mm KC .e .e mm zz 4"
K ca
~~as
z<zs
.E .r w
S .- 0
Q io C a
c,
E" @
g $2 6 g; .- 3 I-L
* a
0 IIII Q, v)v)v)v)