HomeMy WebLinkAbout1997-03-25; City Council; 14097; REPORT ON CITY INVESTMENTS AS OF FEBRUARY 28, 1997I sb 9 3 -j
CIT F CARLSBAD - AGEND BILL
AB# jwL
MTG. 3125197
TITLE:
REPORT ON CITY INVESTMENTS DEpT-9@ CITY APT :&
AS OF FEBRUARY 28,1997 DEPT. TRS CITY MGR: s
CI u > 0 E a a, <
~ ~ ~~
RECOMMENDED ACTION:
Accept and file report.
ITEM EXPLANATION:
The City’s Investment Policy requires the City Treasurer to report to the City Council o
monthly basis the status of the City’s investment portfolio. This report is presented
Council each month on the investments held.
In summary, the City’s investment portfolio as of February 28, 1997 is as follows:
Investment Portfolio (Cash and Securities)
Current Month Prior Month
Par Value
176,297,14a 176,759,055 Market Value (2)
177,075,807 177,761,595 Book Value of Investments (I)
176,066,286 177,924,446 Cost of Investments
176,926,421 177,550,474
I I I
(1) Book value is cost adjusted for amortized premiums and discounts.
(2) Source of market values is Wells Fargo’s custodial report as of 2/28/97.
Interest Income
Current
Current
Income Month FYTD Month FYTD
Month Prior
Cash Income Fiscal 2,190,076 6,704,694 8,894,771 Year-to-Date
Total Income Over The Life 24,916,180 24,982,172 Of The Investment If
Held To Maturity
I I
0 0
PAGE TWO OF AGENDA BILL NO. I q; 0 97
Investment Performance
Average Life
/Years) Average Yield
December 1996
5.75‘ 1.45 February 1997
5.74‘ 1.41 January 1997
5.75‘ I .40
I I
All investments have been made in accordance with the City’s Investment Policy adopted Jan
2, 1985 and last revised September IO, 1996. All investments were initially made in accord;
with the City’s Investment Policy. Events subsequent to the purchase might have resulted in s
investments not being in compliance with the current policy. These events are typically a chan!
the City’s Investment Policy or a change in the credit rating subsequent to a purchase. See E)
8 and 9 for details.
Investment portfolio has the ability to meet the City’s cash flow demands for the next si:
months.
EXHIBITS:
1. Investment Portfolio Breakdown By Book Value, Market Value, Cash Income, and Ave
Yield
2. Investment Portfolio Breakdown Of Maturities
3. Yield Comparison Graph
4. Cumulative Cash Income Graph
5. First Quarter Transactions
6. Investment Report
7. Reconciliation of Fund Source to Investment Portfolio
8. Corporate Note Ratings
9. Percentage Weightings By Corporate Note Issuer
0 0 Exhibit 1
0 cl El z h
0 a E-r rd c3
P E 2 % 2 5
F Q\ z
00" c1 E
2
E 8 2
c
n
I& 0 =: G
2 8
E! s s E
@
g 8 6
3
% s
h Q4
4 a
P
P
% %
4
k 2 s E 3
0 &
0 Q4 h E 0
Q 4 Q4
5
Jx l L n
s
.2 dE
3s dg 55
8
4s 2
ii2 8Q A$ 52 5s
6, fo WE
4 "k .I +k
i5 si *
5
3
23 L
9 l 5 .; 23
3 &
81 6, Og WE
B
5
Y
L
I1 s
. c z
3 z
0
0
0
0
0
n u
0
0 9
3 8
?. -
0
0
0
0
4 m
0 8
0 -. 0
c
0
0
0
0
0
6
00 :
d
vi r-
d I.- :-
2- m
00 m
P I.-*
t; I.-- N
0 N 3
3 03
N
I.- I.- :- 2 I.-" N
0 0 3
2 00
c-4
E
00 x
d :
0 d
0 0
",
2-
00 vi
I.- 00..
t;
vi* W
I.- I.- 3
3 00
\D
W 2
vi* 00
:* W
N 3 :-
2- o\
\o
2
W 2
I.- 2
0 0 x m 0'- 3
W 2 vi-
N*
vi
W d
00 N 00, d I' "! s
W 2 m- N 3 d
m vi :-
2 \3
M
u z
00 x
00 x
m vi
W 0
I.-,
N 3
N m 3
3 \D
m
* 0
I.- d
00 m
",
00,
N m :-
3 \D
m
d 0
P d
m-
oc, 00 m
b s
vi 2
vi :
d- 0 :- vi
co o\ 3 m
Q', 3
I.- 00 2 vi Q1. 3
00 m 3 m
Q', 3
I.- 00 2 vi ? 3
B 3 tn
-1 2
d- :I
01
51 co
?I s
?\ co
9 0
I.-
m
I.-
M
u t-.
2 E 3
s 0 d 2
s
". M
3 vi
3 I.- 2
2- o\
69
0 5 I.--
2
o\ 2
69
m vi 2
3 vi
69 t;
I.- 0 E-
3 I.-
2 69
vi o\
W* 3 W E- $; 69
rn Gl 2 z
0 e Exhibit
0 w
k;l i5 k 0
c3 k
6
3 d
E%
EE
5$E
0 2
8 e
c
E
gg
@
2: Ei
Hz
wc
nh 3
u
a
e 2 0
2
g k 2
T
8 & E9
s
E
4 8
k( b
0
Q
S?gggggggS? 990.9c?\409". S?
2 2 obommC-3336 "I 0
3
3ccINN E XJ
3 s
3 3 *
0 H
vi
m
2 2
g
*
0
w
& 4 E
rl E X E
0
0
0
0
0
0
0
C
0
0
- -
e
\o m
:*
d
0- 0 N
0
m e *,
on
m 0
H
2
5? ? z- N
* 2
N- m z \D
o\ * Zn
2 \o
3
P m 2 :- 0
m
!? :- IA x 3
\o m % 3 m 3 m
W d 3 x d
i
0 m 2 m 3
e 00-
s so % P 3
* 0 2
2- d
m
0
0
g
!G M
2- m
P 00 2 In o?. 3
0
0
00 b 2 In % 3
!{ 0
10
01
01
!?I 0
In
\o d 2 N
I.-
69
Q',
2
lr, OI
:* 3
3 m-
69 m
0 z a"
m! W
3 m 69
3 F 3 e *- 3
69 o\
9
2 ".
s 2 N
s 1
m 3
6
S s
z E&% m3
u m b 8 b
2pSf3ELb~ 2 c;l
0 *
e e ExhiE
z 0
4
0
r)
d P4
m 2
3
n
F
F4
cl ?
$m t\
m
F4 I
78 4h X' w: 22
E- 85
& 0 h
mCVr(DQ,00r+(Dm- a
cdcdcd Ujuiuiuiui
e 0 Exhi
d) E 0 0 F1
A
H
s 0
a >
6
a1 w
1 E' 3 u
m + 3
8
0 0
L
r\ m
0 G $ c, 4
I
"
-
-
-
r
i
-
-
L
7
-
0
S 3 7
>r ii
k a
2 L
9 aa LL
S a T
0 p"
8
6
Z
*
Q aa cn
0 z
D =I 7
e 0 Exhib
c
mo~~omoom I~NOU)~ m-NNr.0~ o mo mom mom X?X?,=?$ZFZ v?@?ZX f%%XZZZ g- - 2 P -"""~C?~"~.r" N."".".". "N.N.O"-.'C.O-
>- g (D k-2 ma Z-2-Z. 2-2:- 5; rooo~mrou yy&$.ez.%;. %y?z.z. O~~NN WJ-~.W~.S ~mmr-mlra
&X 2s: :x9 000
s :I LDLDPONWOO~ mommco vgNm)mor w 100 rom mot- Z$ vr
N
mcoz boo - ". "N- c in- N' x-
-
rNNNr Nrm rNNrr rrPrrr-r " N. rr ZdN rN)m x- -
mo~womoom h~omm mu~~mo(D 0 0 n 00 mo mom mom - yXz?$xz$ y??ZZ $;w?zz r &Z y?: 222 ? wmororobr- mummm mno-o-m 3 hm ohm -ma m m-m.--m"-m""-m. o""".m- (9usrzo-m-qr?o- I4-J lcommutrcmlco mmwmm a.-mam~.- N- '9m- """ h-rqrn rJ mm wma awm 0-
c x 2 z- el NNrrrWrDDO OmmNN rmUL9hNW -t
-- 5 - c "rrN rrN NrlOmm mNN x-m N Ri: m-o 7- -Om rn" tn
T- 7 - r
Eo
sssssssss sssss sssssss g ss sss ggs
$i K
sg- ooooooooo m-oom .-ommooo o~mmrnl~hmo ummoo mumomm~ LD 70 000 &szgzz$z$ 8z&-?z zz$sv?;g 2 2 z om mmN m-o 1 2 0 s ZI 2; -??% ;-?2 hCB
000-ooooh ooooo OOOOQON m 8xzzzzzz$ y?Zx 88%?=!2% g 22 y?z sa!: 00 000 000 000
* g-z-i%.E.s-z-z.z-L5- k-$Z-E-E. %.Z.2-3-2.?-Z-
5 mm -No Lm[: 1 ; E- :! umm~)orno~u mmmom ~~mmmhm L- gz kc$& mhN
O- O. a- N. m- b- Q.Q-
EO mmmmrmo~u mmmom ro-~r-uo
6 rnm-m.m-o-mo-com- mN.m-0-m o.o-o-o-m-.o- m 0-0. m.0-m- z-z.c& 2 =I, ON
-"r N m N" "U.- " rx- rmr s g
0 t + sssssssss sssss s**s*ss oomooooom 00000 mOmoOOm OONOWOhON (OOmOO UP-NOOON
gg sss ggg
y?F!z;$wz; ~~;~~ X!Z?%zZ 2: 2:: ;X-? 11 000 QO COON WNl.
L bo
g
2 r.
Y)
0 000000000 00000 0000000 0 000000000 00000 0000000 0 ._ c
00 000 000
g-2-g-z-g.g-g-z-E- 2-g-z-z-g- g-z-g.g-gz-g. E- z-z- z-z.g- g-8:. 2- z.
00 000 ;:; l 00
ooa
00000000~ OQOOO OOOOOhO r ; 2 c7iil Lg zKzRz"zzX z2zO.z zzszs$z 2 00 OQO 000 00
" N-N NCY 0-0- 0".9 90-0- 9 9
v> m
6 d $2 k n a!
YI : @I
0 8ZZZZNNZZ gzzss g -zzzzzz zz zzs zzz
h %<<<&%<< %<<%% 2<<<<<< 96 <<% 66s 2
0 8
hr. m mm m m h
- 88 N
G
2 ~ 2- 08 5 $;Qmrn r. hoz2c z-rmm h J% $2
2 m <&ig osn?? " y i 2 ogaz gag85 Jzqsidg !2 5 gi:
8m:Qzgav: s-zmaa- hw r &@ :'= 2
m -I
ha
mO
am
-I x 3 J &yXff 22 5 h %
,4W?OW5W -x-~~aZx S:~OO *5&!s "";;j:d2s ?x z 5% J
EsnQamo n <SFgg H~~~~~~ 50 g3 wzy J 5
mn.gre0s ?$ $g; ggg 2
Xs,,n%==, sgJaa z+2asz I-0 wF& : Wc9 7 ,>o>gl-3yo 8cdww 2z 2~8 gn> 3" W
c ii nK+Qzo& (603== &Www $og222g W *K 2
LL s&&FE-?z qgag$mkb &:e: coam? cuw2gg2 ZA y$ $24 E 9 s?!? =%&a
In i- 3om"$ zsgzz Z4Zoo4 8; Y)p 2
l- $$?Errsyg ZOFZZ 4hEP33E ww $2; E:$
.
SEan .'C 9 W ? m . 4
u) mwsLSyggs obi00 qy,_loo sg 602 sen m Bx%xwnsQz QWF$$ mn.-nxO~mT m-~xNN w Nx~$% 6
7 umrrBstiwmLY
3
?
m l- ml. N
0
I1 9
S
d2e2eEhhe tEStZ hk2SEh2 ow ul-u au3 h 4 <KzKzaaaz u~ol-~uuuo i555i5i5 S5E5SSE 55 SES $SF c
h mmmmommom O~.-NN rrmmoom 3 eo mmmmommom omooo oommoom IC hh $5 G&g 222 = 2pl gg$gs4~~~~ 9523gj ;;;;;;; Icm"Qm7
m 2
Q 0.- :!2g 5:s ..m mn a:::s;;j:s: 000000000 88288 8528222 00 888 P fjz ICP"P.P-ICICICP-~ ~IC~CICIC ICIC.'C~ICIC~ m
n g2g?g??g$s$ $!$S!$$ 22e9922 z 32 g3g g?g2 z sz: r.m=
88888 mmmmmmm Sg SSR $5S fj Sfjt
0000000 ; rnE
Q .. " mm PO B 7
c c NN WN(D NW~ m cc
g e jil eeJ===gQQ OOONN egpqqqq $
u.
z
mm(DOONu
.."?""" 000000000 00 000 000 I- P Okk
eg 25 3s % !?~?~~?~!?~ eppep eeeeqqe 0 B ..... 3s ....
bg
........ ...... .. ....
X mht.hhhhhh hhhlclc l.hr.hhhb :..::.a
c sh
u SSU P :$?a
2 3:
$$$ $?$$$S$!$ 2;pJs sxsssgs n .~~ .+:.x. :.:.:.:.: $3 g .:.:.:.: 2 $j$;
E + %s .. . . a 5 g> 2 g =;c
$+ z m 5 ij:s K 8 i &
:.~ .-hmmmmm)~m hmuoo mmmmmom $ a: .....
2 6 ", 3 -00000000 z 0000000 & :.:.:.:. us 4 e .* . ........ -
. ....... > ....
$j.' -3
?% s I :.:.:.:.: .... u
:....-J I 2 e 1- i: a P 2 E $1: K I 2 I O
:a a ttl 6 I 2
0 0 Exhib
-
v 7 - 7 v
B M ~~~~~~xKa~-o~as~-~~~~-~~-~-~~-~-~~-~-~-~~-~-~-~-~~-~-~-~-~-~- ~~m~mm-mwm-~~ww-~~~~muumwwowum~~u~~~~~~~~u~~mw
gij - rrrr rrr r r~"r"rrrrrrr-r"rrr
I- z wz E $1 sK
c 11 I- z
o~~om~-~~mommooom~~wm~wm~oool-l-om~mooumoom~-mo 9oorn~qqoqrnooo~N~w~~~qNooowwo~N~ooqrnoornwoo ~w~~mm~~~mm~~~o~~rw~~~~~oooow~om~moommoom~mo ~~~m~~~-~wmm~-~m~mw~m~~mmooo~momomoommoommmm "w"~""9~~~~m~~UJ~l-~~~~"~~~~~~"~~~UJ~l-~~~~~~~~~~~~~~~~~UJ~~~~~~~~~UJ~F-~~~~~~~~~ w~~mu~~~-l-~~~u~~w~~mm~-m~ww~~w~~omm~mm~~rn~~rn~w~ ~m~~m~w~-~~m~~~w~~~~~~~~~~~rmmmmwuoommou~omo~~-omm r- UJ- -. N- 0- 0- 0- N- l- m- m- w- UJ- N- r.- N- N- m- r- 7- v) UJ N- N- u- u- N- o- m- N- m- w- w- m- N- m- w- N- m- m- w- Nrmmrrrr NttNN-rr-rr rrNNr-r-rNN-r-Nr-rN
000~~~~O~m000~~~~r0~~~o~o~~o~~moo~~oo~~~o
mw~~~~m~-~m~owtwto~~~mmmom~~o~~oo-mooomo?- ~~~"~N~~~~~Nm~~~~UJ~F-~~~F-"~~~F-~UJ"~w~~~w~~~UJ~~~~~~~~~~~~~*~~~~"~~~UJ~F-~~~~~F-~~~ mum~m~o~~-ouu~wm~l-l-~~moo~mwl--wl-mmmm~mmu~o ~m~~~w~-~~~~~~~w~~~~~~wr~~~mmoow~om~wmu~mmo~mouu
~X~XG~%~X~R~8~X~P~~~~~~~8~~8~~X~8%X88~~~~
r rm FN UJ~~UJNNNNN--~~OO~PN-~NNWWNN~WN~~~
z ~~~~~~~s~~~sss~~~~~~~s~~ss~~~ssss~~~~~~~~ ooooooomooo~~o~oooooo~mowoo~~ooooooooo~oooo ~~~~UJ~~~UJNUJ-~UJN~~~~~UJ~~N~~~~UJUJUJ~~UJ~UJN~~-~ 9o"~w~rm~oqNNorNqqNoqrooq"mmww~qrooor~r~~ !i 7 $2 mwmmmmwmmm~mmwmm~mmwmwww~wwwwmmwwwwwwmwww
!Y
omooooooooooooooomoommo~~ooooooooooooooooo ig =~8S~~X~%A888X8~~~8~~~~~8~~~~~~s8X888~8~~ 9?-.~.o~.o~.o9~4ooo~.~om~.o~~~~ooo~.ooo9~.oooooooo
321 moo~mm~mmmooomommmom~ummo-mr~~-mooooomomu ~ro~l-~wmmmooomowm~~o~mm~~~~ol-m~mwl-mowooooom~
m-m-o-m.m m m m w m-u-r-o-m-o-m m w-o-m u u m m "0-0, m m o~o~m~o~o~o~o~o~m 0-m om
~~~~~~RN~~~~~~UJ~~~~~~~~~~~~UJ~-~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
>z rrmN za -ummrr -7 NN r"N-rrN - N
I- oa kg xxx88888x88888xgggx8~~8888888888888888888
w3 8~~x~~~-~-8~-~-~-~-~-~-~-~-~-~-~-~-~-~*~-~~~~~-~-~-~-~-~~~-~-~-~~~-~-~-~-~-~-~-
00000000000000000000uu0000000000000000000
w 00000000000000000000NN0000000000000000000
0- UJ. 0- 0- 0- 0- 0- 0- l- 0- t- l-- 0- 0- 0- 0- 0- r- 0- 0- u u 0- 0- -- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- g 5 iil ooooooooooooooooooooUJUJooooooooooooooooooo 2s > Nrmmrrrr NlC9NNr-rr-r .?rNNrr-rrNNrrrNr"N +PI
ww ZL I-co
WLL Y)N
zm
2: a
>
p !i :I
$ 0
0 F m vi 0
L c
&I 8 In
a s
P '9
m %
mm !YY ," g
IC . m gg
F- $5 bWWW
F- :g:sxeglT)gl $9 22 2 8 8 k i btj; qi3>wlriGMFjzb s3mdd ?-VAN 0 (D
m JN~~J-~... ,,5zmL-rrr~F-~~3aa 9mSS YS?~ &, $E
ii2zBg oa ~s~a2Aag+gd~~~~zz j~lJ~,w,~ bssme~ mbms ZOS~SC O~C)~O~O I I ,OmZaa I I
;3am OUOQ~WA~~~ a5zr)ygaa:j oaa~~~ zwsN~a mu-&a~
~~ss~~mz~4e~d~ssss~~~~ss~~~~~$o~-O=~~ Oa8-r-riAOg; zj$O m~~m~~~~"~~0~~~~9O~mm&&~:mg~~~~80 CbNm m3=5.?.?mUJ~~a~~~===zjs~~~==o~mUJ o~~o~~ooZ aaaP 25
wNrN~&W-~W~W~Wqq~WaN~~mm-W~~=o-O~g~~~~~gW --WO~<N
~~~~5~~~~~4~~~~~N3UJW~W=== wwW3w o$!$o~~-gsg-~m3 q~03++q~z,Fq~orrro ===ooo~~~~~~g=rF=Nzjg80
~zh~~~~~~~~~X~~~~X~K~~~~qo~oUJ~~b~~~~~w~w~ lnrol"UJklkl+jdO UJh"UJUJmF-wOOw"=~wwww~wOl-
9 5 SBm aA,O~WiAA~Nm~ 700 Im-O2,ZU:3
~~sozz~n~~a~~~~~~~~~~~~~~~~s=sUJgq~~~b~~~~ os.?N" 0
mmaarnmm .~ammaaaaaaaa~~~~mmama~~maamaammaa~a 2~IIAAOqA~AAzszzzzzsOOAJ~JzAA,~~,I~J,~~,~ IIZZII~-IZIIZ~ZZZZZ-~~U~~~~~I~I~~~~~I~~~I~ UUUUU~U~UUU~U~UU~~~~U~~U~U~U~U~UUUUUUUU~U !I uuUUUUUU~~UUUuUUUU~UuUUuuuuuUuuuuUuuuuuuu aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa c
~~-l-mmmmmmmmmmmmmmmmmmmmmmmoooooooo~~~~~~~ PQPQQQBBPBPBPPPPPPPBPPPPPPFF~~~~~~~~~~~~~ m~~~~~m~~mmm~~~~~omw~~mm~~~~u~mF-ou~ow~mml- =egBg~F=g=FF=gccc==g~~==~~F=F~=F~~~=F=gg= mmr~~mmmm~~w~-~-o--r~~~mmmmol-~~~mmo-r~rr~~~rnm 00r0000000000-0000000000-00000----0000000
wwwwwwwmF-mUJomw~Puwwl-uuuuUJwF-bUJwwUJUJwwwwwwww mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm !i ~~d~~~~~~~~~~d~B~~B~~~~~~~~~~~~~d~~dB~~d~
~ON00OOO~~OO~NNNO~~OO~~~OOONNrOONO~~OOO~O q ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
gn z
e 0
h 7 v
I w2-2- S- mmmmmm~mmmmm- m ~-~x~-xs~-~g~s~~-%~-~-~-~-~-~-~-~-~-~-~ hh N gg~zgr-gzgggg g w~~mmummwmm~~mmm~m~mwtw~~
En E+ r 7 r r rr """""".
ww m mwrom-uw~o~w m w~r.~~mm~m~~u~w.-u~~w~ooum~
Bzmm c g%%g$gggggY& $ ~~~~~~~~~~~~~~~~~~~~~~~~: oow~~m~~m~mtw~r~oomwooum~
55155 m roumoommNwmt m d~ddddm-~~;ddd;i~m-~N~~ddN-~ 0- --m-~-m-rn-m-h-m---~-h-~~ N. twwm~w~m~~~~rt~~~w~mow~o~
sE r. N
6% $ F!??6$Gz%gekF a ~s~~s~~a~~G~~a~~ss~sss~~~
cdmu; g g~~~g~~~-ggc.q r& ~~~~=6~~8~X86~"=~~g8~~~~~ w mmr a. mq~.~.q~.qq~.q~.q (9 ~-m~.q~-N9~.~.r~.~.r9-~.~.~.~*~.~.~.~.~"
+ yJ 9 NqkqkkrnqTq??
f/)cm-C9- %- N-N-"V---r-F---O---yN- W m"m-N"-"N-"-"r---N-N-m-yt-N-Nm-N-N-m-m-. wWrv UJ OmNNNN-N-NNr t rNrrNrrNmNr-r-NrNmW-rrNN.
OO~~NN-NWOO~ h ~rm~r.~t~tmmtwwrr~mmom~~m
1-00 m mmoo~mm~mb~m w mm~~om~~uo~umww~ooo-omum~ ~mm w wwommu~-tmrm m NN~~OP~O~P~~~~O~~O~-~O~~~
p%% -- rrrcrrr- rCN W- m- N-NNrNrrrNmONmN-qNNNtm, z $1 r 7-
z sg s 999999999999 s ~99999999999999999~99999. - %&&&L&b&Zn&&& 0 ob~b~b&&~%b&~b&&&bbb&bbb~ sp$$ w ow~oNamN+mmo P mh~--wmmmm~murmomomN~mmN, 2 ;zzzz?s?zz?z ; '"9?wwk9k9'999NN?w9P~rnw9~ L SlW w hmwmmmwmmmmmm~mwwwmwmwmml
E
00 W O~WOOOOONOVO h OOOOOOOOhOOOOOOOOOOOOOOO
nI-g8 2 NOll?ONhOOONmN W 00~00000~~000000000d0000 m,~m.o,lq~~o,w~~m. 7 00000000mw00000000000000
o "rmmrmhmm-m- m r.~hm~mmuwwmtor.o~~oo~-~uo Ezb-0- r- a-m~r.-h-m-w~m-m-m-m-o-m- w- b~m~mmh~~mmmmmomo~oom~~mm~ ~1~~ g gzgzGggg&%gg 3 mh;dN~;m-ddd~ddd;do-m-;;o-dd Zoag- b- o-o-o-o-m-m-mm-mm-m-o- 0- o-m-9mo-o-o-rn-m-N-o-o-o-mo-o-o-o---99o-o-o- N~~~w~-~~~~~o~ooPooN~-NN
>E r N mmNNrr r rrr FJ --- NrrrmCI1r-r N"NULn"rrNN 54 W N
r- 0, +0, Kr O> ntx
zm
22
5: Ftx
$zi
a
WLL 2:
00
00 99
woo ct3xx u n AIo u 0- 0 0-
2"
mm ee mm X$
322 f !
zoo
$$ 2:
00
ww 33 00 sg lqu? ww a2 51 uu
m 2 P 0-
0-
z
0 W
A
0 s
2 53 m
000000000000 000000000000
000000000000
000000000000 000000000000
V7VJNNNN-N-NN-
000000000000
999999999999
999999999999
r.hb
h eb,,eePPCeem
PssGCCwwwPP~
zwwu==sss==c w+ssuwooawwC
q;;;$qmmmmms WwwwmmrrEFEx &&&&L&pgpgpz
mmmmmmmmmmm> $$$$$$$$$$$E5 nnnnKKaEuEam ++I-++++++++a
3333535333333fi
h,SSSam
rmmmoOhhb-r
"m"ww333---
.?22g::GGG::% ~ooooQo&mmmm%~L3
333333
mmmmmmmmmmm2
0
0 0
0 0
m N
9
9
0-
3
0 s
2 3 m
000000000000000000000000 000000000000000000000000 000000000000000000000000 000000000000000000000000 000000000000000000000000
0- 0- 0- 0- 0- 0- 0- 0- r.- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- oooooooowmooooooooo~oooo 99~~99999~"999999999~9999 rN-rN-rNmNrrrrN-WDW "NN
-I ww am
JJ< aacr w3
as -I -I $8 a1
IC wfivvz LdS3 zzo""zo e r gggg zJ40$ g<go 8
;i 2 pzzg ubT, $+..E5 s ,,o3ee: g;gg2 ggsggxg
w>a*3!?F- 80=Ro"I-ss~~~&~~~%~~ESSSw --mm ONP~~ONN
mgams:Em* mwmmrwcc~~n~om~Oaaa~~~~
~~~~8~~~~~~~~~~~nssnkk~a m ~00o.dwo O&&Ad
rr qg
Eh se20zzaozormc aawzz$8
k~,zz?mww nwmow~~z~~~~ss~%~~~s-N~~~ #"e9%++0ggaa <? wcO$>>~~gz~~m WW53OO-N
~k3wnsn~~mmg,~~~swwz~~~~ Emon3hoEn~nmiooO~~~u99~~
n~~~~+ooOo~~to00woo~~~~~
f33~o~~~~~~~8~~~~88~gg~~
~5~~~~~~~~E~~~~~~ss~~~~~ - mmwww [L I-I-I-O~~~GGQ~~
wQ2-l IY>>O+~~E~~YOO~K~~~ zqaf3
!Is s FFFFFFFFFFEE zzzzzzzzzzzzzzzzzzzzzzzz oooooooooovooooooooooooo I-
r g? !=uJ%%
2
hr-r.r.khhh~mmm ~~r.~~~~mmmmmmmmmmmmooooo eeeqeeeeeeee ee~ee4qqqeeeeee~4~e~~~~~ rOmmO0rr"rr rrmmrm-m~rr~mmmmrmmm~~mm CCerPCCCCPCC sBBs::a::Ai2~~aas$aas~aS~ f zla a mUUll.OWWhhh-rN OOrrOrOrrrONrrOrONNrrrrr
00000000000- 0000---000000~0000000000
I- $5
%l-N-N
2
wwwwwwmwwhh~ mmmammmmmmmm ssFias+Saszisa mmmmmmmmmmmmmmmmmmmmmmmm
Or000000rOr~ ~~mwmw~mmmtm~~~~tr~r.mm~o
3asGSSi2i22::: 000000000000 sSBs:aS=:AAaa~asS3ass:aa OOOOrOOOOOOrOOorOOrOooor
NWWNWOPhhhWWmUWmWmmmWr.Wm ........................
NON-"?NONOrN~NOrOOONOOON ; & f:
* e
omv01c m I M E- 8- z- 2- g 6 7rY-r &"" 7
OI-00.7 5 Loo)ONQ) w =
m. N. 0. m. v. v) +
2- c- %- s q 9-79??
f!kgrrza.,
y WWNrNrr
0 9 FLo
w I-- 00
El5 z
boor
mor403 Yqm?
mmmm 0- f N. -7- o031-m NmmN mrnmm
0
0 P-
rc
"
(0 c r W
m m
N. IC
N! 0
0
E
7
NWWON
OLoOWW "rno!?m?
rommo) 9 v? 9 '4 '4
U-J o! m 7. s !22g22
r$Nb
L~~WI-N mmqrcu! F~ONW
I- 8 8 2 8
N- N-
u)
0 9
b.
m
x 7
.? *
m o!
0
rn 0
W
4) "
'4 z
8 a! 2 N - m N e
N- m 0, Tr N
= 00000
w WlcWWW (D
ggggg g ggggg g g $;I""%": 6 48EEE c: z Orc??U? ? rc
L
In~LoLoLo Lo Lo
00000 99999 nFSg:aZ!2 w 2 o) (4 m- I-. 9
wosk;g%g > I v- v- " zq
$3NLoW-r
6 kc
22 5%
O> o-oz
ww EL kc0 v)N WL 2: a
00000 8282%
p! 3 8 8 8 s- g 2 a z- z- 2. z- z- wooooo
>"N"
-I J d q- 03 zo
27 JS+ gay,:
>zwsq qsna
+OIrnZ
3rg;zS PZOSO
i&gge Nm.tUI-
WWJZ' IYFI-w nzxo3 sa:,mQ
a. a 3 a -. mZEE(0 COJOC WI-~VV)
w0i=mz ooamo zuzaz
lnnszg
Wt?$$
I- -7 W In N
00
- m
0 Lo
0 8 0
5 9
N. 0 In
g z 3 (0
W azzzzz &00"0
> 55555 cwmm-Lor f+s$ze
5°oooo-
5 eeeee
Lu ZEZZS
WWI-mu)
E:iiji=AS= 3soooo-
2
I-I-om0 rnP9F-9 mI-om0 mmooo m ". 9 m- 9
0 a- m- " 9
OlmoI-0 OInOUO
ro)NI- yr
t-bomo
mmooo eq N. 0- m- 0- mcooI-o
ZZW38
0 9 2- z- 2- 0LDovo
"
c Z 3 s 2 !zg
w% ZZ
ZI-52 2 40
YIZZ:, QOWV)
s2;ss
uwip
LLU3K0 y2LLIL.u.
z~+nK
00 WLL
a4au- Kh-02
g55j
I-
0 m
9
9
m z
G
t- 8 m 2
z
L
0 z
0
3 (0
I- o) ui
9
o?
v s
I- I- r
m 2 x P-
LD
I- In e
-I 2 2 0 z
0 s
00000
- 0
n >
3
c s E s LL
h 7 v
a 0 Exh il
Reconciliation of Fund Source to Investment Portfolio
As of February 28,1997
Cash Balance by Fund:
General
Special Revenue
Debt Service
Capital Projects:
General Capital Construction
TIF
PFF
Park Development
Other Capital Construction
Carlsbad Municipal Water District
Sewer Fund
Enterprise:
Solid Waste
Golf Course
Total
Internal Service
Redevelopment Funds (1)
Agency Funds
Misc. Special Funds
19,317,982
12,591,994
2,875,257
5,362,173
2,914,868
12,740,730
4,350,663
44,717,170
25,223,288
26,781,303
22,476
840,461
52,867,528
9,966,328
7,784,141
0
Total General Ledger Balance 175,488,834
Amortization of discounts and premiums
Deposits in transit
Outstanding checks
Wire in/(out) not recorded
Other
Net adjustments per bank statement
162,851
2,272,761
Total adjustments 2,435,612
Total Treasurer's Investment Portfolio 177,924,446
(1) Redevelopment Fund Balances are interspersed throughout all funds.
** Figures based on best estimate at the time report run on 3/13/97.
0 0 Exh - CITY OF CARLSBAD INVESTMENT PORTFOLIO
AS OF FEBRUARY 28,1997
CORPORATE NOTE RATINGS
Investments Meeting the Current Investment Policy:
(Ratings must be AA or better by both Moody'sand S&P)
Moody's s&p
ASSOC COW OF N A AA3 AA-
CAMPBELLS SOUP AA3 AA-
DETROIT SEWER AAA AAA
DUKE POWER AA2 AA-
FCC NATIONAL BANK AA3 AA-
GENERAL ELECTRIC CREDIT AAA AAA
KENTUCKY UTILITIES AA2 AA-
NATIONAL RURAL UTILITIES AA3 AA
NORWEST AA3 AA-
PROCTOR & GAMBLE AA2 AA
ST PAUL CO AA3 AA
TOYOTA AAA AAA
WAL-MART STORES AA2 AA
Investments Made Under a Previous Investment Policy (Ratings must be A or better) Prior to 2/13/96
Moody's s&p
AMERICAN EXPRESS CREDIT AA3 A+
FORD MOTORS CREDIT A1 A+
SOUTHERN CALIF ED A2 A+
Investments with Subsequent Changes in Credit Rating *
Maturity Carrying
Moody's s&p Date Purchased X
DIGITAL EQUIP BA 1 BB+ 11/15/97 A2/A- 1,009,7 1 1
DONNELLY A1 A+ 12/01/00 AA3/AA- 1,115,280
UNION PACIFIC AA3 A 03/15/01 AA2/AA- 1,999,315
* 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.
@TY OF CARLSBAD INVESTMENT POR @ OLIO
Exhil
AS OF FEBRUARY 28,1997
PERCENTAGE WEIGHTINGS BY CORPORATE NOTE ISSUER
Investments Meeting the Current Investment Policy (Percentage Less Than 5%)
AMERICAN EXPRESS CREDIT
ASSOCIATES COD NA
CAMPBELLS SOUP
DETROIT SEWER
DIGITAL EQUIP
DONNELLY
DUKE POWER
FCC NATIONAL BANK
FORD MOTORS CREDIT
KENTUCKY UTILITIES
NATIONAL RURAL UTILITIES
NORWEST
PROCTOR & GAMBLE
SOUTHERN CALIF ED
ST PAUL CO
TOYOTA
UNION PACIFIC
WAL-MART STORES
Investment Cost Percent of Portfolio
1,023,770.00
7,041,136.00
2,062,700.00
1,014,980.00
1,053,390.00
1,145,610.00
2,048,020.00
975,690.00
1,957,160.00
2,024,340.00
1,996,920.00
5,066,190.00
2,256,561.60
1,000,000.00
1,037,340.00
5,530,503.57
1,997,320.00
2,491,325.00
Investments Made Under a Previous Investment Policy Percentage Limited to 10%1 Prior to 2/13/96
GENERAL ELECTRIC CREDIT
Investment Cost Percent of Portfolio
9,108,300.00
Total Portfolio $177,92,