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HomeMy WebLinkAboutE-15 Staff Report - Treasurers Report 06-2017CONSENT ITEM E-15 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: ART VASQUEZ, CITY TREASURER DATE: AUGUST 21, 2017 SUBJECT: CITY TREASURER’S STATEMENT OF CASH AND INVESTMENT BALANCES FOR THE MONTH OF JUNE 2017 SUMMARY: Transmitted herewith is the City Treasurer’s Statement of Cash Balances for the City of Azusa for the month of June 2017. City investments are made in accordance with the City’s Investment Policy adopted and approved with Resolution No. 05-C16 dated, February 22, 2005, and Government Code Section 53600 et seq. RECOMMENDATION: Staff recommends the City Council take the following action: 1)Receive, review, and file the City Treasurer’s Report for the month of June 2017. DISCUSSION: The balances of cash, investments, and projected revenues for the next six months are expected to be sufficient to meet cash disbursement requirements of the City for at least the next six months. The change in total cash in bank and investments (at cost) from May 31, 2017 to June 30, 2017 is a net decrease of $573,613.63. The change in total cash in bank and investments (at market) from May 31, 2017 to June 30, 2017 is a net decrease of $664,165.26. Prepared by: Art Vasquez, City Treasurer APPROVED CITY COUNCIL 8/21/2017 Received and Filed CITY OF AZUSA TREASURER'S REPORT Prepared by: Art Vasquez, Treasurer Treasury Checking Accounts and Certificates of Deposit June 30, 2017 Held in Wells Fargo Bank Face Amount Maturity Date Interest or Coupon Rate Description Account Number or CUSIP Balance or Market Value Checking Accounts General Checking Account XXX-XXX1244 43,430.00 Stagecoach Sweep Account DDA XXX-XXX1244 3,596,409.61 Worker's Compensation Checking (ZBA account)XXXX-XX3279 0.00 Payroll Checking (ZBA account)XXXX-XX1393 0.00 Police Detective Petty Cash Fund XXX-XXX2231 2,609.06 Section 108 0.020% Choice IV-Public Fund Account XXX-XXX2239 30,182.23 Covington Endowment WFB Advantage Heritage Money Market Fund (rated AAAm/Aaa)WFB XXXX7554 1,861.74 100,000 05/30/17 1.100%Certificate of Deposit Goldman Sachs Bank Matures 5/30/17 CUSIP 38147JC75 99,943.30 Sewer Bond Fund WFB Advantage Heritage Money Market Fund (rated AAAm/Aaa)WFB XXXX1829 22,350.39 250,000 03/28/17 0.950%Certificate of Deposit Bank of America Matures 12/07/17 06051VA22 249,760.25 Philleo TR FBO Azusa WFB Money Market Fund WFB XXXX8700 3,577.42 Investments In Fixed Income. Equities, Real Asset Funds & Other 154,019.78 TOTALS WELLS FARGO BANK ACCOUNTS 4,204,143.78 Page 1 CITY OF AZUSA TREASURER'S REPORT Prepared by: Art Vasquez, Treasurer June 30, 2017 Broker Face Amount Description Coupon Rate Maturity Date Acct/Cusip No.Settlement Date Principal** Market Price (Changes Monthly) Market Value*** Interest Received Fiscal Year to Date* City of Azusa Investments - Certificates of Deposit - FDIC Insured Higgins/RBC 245,000.00 Bank Baroda New York 1.100%12/27/16 06062ACV9 12/26/13 245,000.00 100.060 245,147.00 1,373.34 Multi Bank Securities 245,000.00 Capital One Bank 2.000%11/05/19 140420QN3 11/05/14 245,000.00 101.627 248,986.15 4,014.98 Multi Bank Securities 247,000.00 Goldman Sachs Group, Inc.2.100%01/21/15 38148JHQ7 01/21/20 247,000.00 101.517 250,746.99 5,201.21 245,000.00 American Express Bank, FSB 2.050%07/31/19 02587CAM2 07/31/14 245,000.00 100.856 247,097.20 6,233.40 Multi Bank Securities 245,000.00 Sallie Mae Bank 2.200%11/04/20 795450WV3 10/30/15 245,000.00 101.138 247,788.10 6,024.99 CERTIFICATES OF DEPOSIT SOLD OR MATURED DURING FISCAL YEAR 22,847.92 Multi Bank Securities 245,000.00 American Expr Bank 2.350%05/03/22 02587CEM8 05/03/17 245,000.00 100.417 246,021.65 Multi Bank Securities 245,000.00 American Expr Centurion 2.300%09/23/20 02587DB64 09/23/15 245,000.00 101.150 247,817.50 5,635.00 Multi Bank Securities 205,000.00 BMW Bank 2.150%12/10/19 05580AAZ7 12/10/14 205,000.00 101.232 207,525.60 4,407.50 Multi Bank Securities 245,000.00 Barclays Bank of Delaware 2.200%09/16/20 06740KJK4 09/16/15 245,000.00 101.306 248,199.70 5,390.00 Multi Bank Securities 245,000.00 Capital One Bank 2.300%03/01/22 140420Y53 03/01/17 245,000.00 100.590 246,445.50 Multi Bank Securities 247,000.00 Capital One NA 2.300%07/07/15 14042E4P2 07/15/15 247,000.00 101.174 249,899.78 5,696.57 Multi Bank Securities 245,000.00 CIT Bank SLC 2.150%11/19/19 17284C3Q5 11/19/14 245,000.00 101.085 247,658.25 5,267.50 Multi Bank Securities 245,000.00 Comenity Cap Bank 1.850%10/09/18 20033AHA7 10/16/14 244,265.00 100.172 245,421.40 4,532.47 Multi Bank Securities 245,000.00 Everbank 2.050%08/28/20 29976DA59 08/28/15 245,000.00 100.699 246,712.55 5,036.26 Multi Bank Securities 245,000.00 First Bank of Highland Park 2.000%11/05/19 319141CY1 11/050/14 245,000.00 100.102 245,249.90 4,900.00 Multi Bank Securities 248,000.00 Firstbank 1.850%02/12/21 33767AVK4 02/12/16 248,000.00 99.830 247,578.40 4588.05 Multi Bank Securities 247,000.00 Goldman Sachs Group, Inc.2.300%03/08/22 38148PGX9 03/08/17 247,000.00 100.567 248,400.49 582.65 Multi Bank Securities 245,000.00 HSBC BK USA 2.450%03/21/22 40434YGK7 03/21/17 245,000.00 101.200 247,940.00 Multi Bank Securities 245,000.00 Investors Savings Bank 2.000%08/25/20 46176PEJ0 08/28/15 245,000.00 101.473 248,608.85 4,913.43 Multi Bank Securities 245,000.00 JP Morgan Chase Bank 1.650%08/16/21 48126XAH8 08/16/16 245,000.00 97.869 239,779.05 3,023.57 Multi Bank Securities 245,000.00 Live Oak Banking Com 2.250%04/07/22 538036CM4 04/07/17 245,000.00 100.240 245,588.00 830.66 Multi Bank Securities 247,000.00 Medallion Bank 2.250%07/27/20 58403BY67 07/27/15 247,000.00 101.200 249,964.00 5,572.73 Multi Bank Securities 245,000.00 Mercantil Commerceba 2.050%12/09/21 58733ADN6 12/09/16 245,000.00 99.797 244,502.65 2,504.37 Multi Bank Securities 245,000.00 Numerica Credit Union 2.300%06/21/22 67054NAK9 06/21/17 245,000.00 100.190 245,465.50 Multi Bank Securities 245,000.00 Private Bank and Trust 2.200%03/30/22 74267GVT1 03/30/17 245,000.00 100.042 245,102.90 Multi Bank Securities 245,000.00 Sallie Mae Bank 2.350%06/21/22 795450A70 06/21/17 245,000.00 100.424 246,038.80 Multi Bank Securities 245,000.00 State Bank of India 1.700%05/28/19 856283YJ9 05/28/15 245,000.00 100.090 245,220.50 4,165.00 Multi Bank Securities 245,000.00 Synchrony Bank 1.900%04/24/20 87165FGF5 04/24/15 245,000.00 100.654 246,602.30 4,655.00 Gillford/Stern Agee 248,000.00 Third Federal Sav&Loan 2.000%11/25/19 88413QAW8 11/24/14 248,000.00 100.946 250,346.08 4,960.00 Wachovia Sec 245,000.00 Webster Bank NA 1.000%12/12/17 94768NJD7 12/12/12 245,000.00 99.924 244,813.80 2,450.00 Multi Bank Securities 200,000.00 Worlds Foremost Bank 2.400%07/16/20 981571BP6 07/07/15 200,000.00 101.176 202,352.00 4,799.99 TOTALS 7,524,000.00 6,296,265.00 6,329,255.15 101,958.68 Page 2 CITY OF AZUSA TREASURER'S REPORT Prepared by: Art Vasquez, Treasurer June 30, 2017 Broker Face Amount Description Coupon Rate Maturity Date Acct/Cusip No.Settlement Date Principal** Market Price (Changes Monthly) Market Value*** Interest Received Fiscal Year to Date* City of Azusa Investments - AAA Rated Federal Agency Bonds Gilford Sec 1,000,000 FFCB 0.770 6/15/17 0.770%06/15/17 3133EC5L4 12/05/12 999,300.00 100.008 1,000,080.00 705.83 Gilford/Sterne Agee 1,000,000 FFCB 1.650 9/8/20 1.650%09/08/20 3133EFK22 03/01/16 999,000.00 100.002 1,000,020.00 5,958.33 Gilford/Sterne Agee 1,000,000 FFCB 1.700 10/08/20 1.700%10/08/20 3133EFHS9 10/08/15 999,000.00 100.003 1,000,030.00 4,438.89 Multi-Bank Sec 1,000,000 FFCB 1.800 3/24/21 1.800%03/24/21 3133EFS65 03/22/16 999,640.00 100.003 1,000,030.00 5,700.00 Gilford Sec 1,000,000 FHLB .085 07/24/17 0.850%07/24/17 313380WR4 10/24/12 1,000,000.00 100.003 1,000,030.00 4,013.89 Gilford Sec 1,000,000 FHLB 0.980 11/15/17 0.980%11/15/17 3133817D1 11/15/12 1,000,000.00 100.002 1,000,020.00 1,633.33 Gilford/Sterne Agee 1,000,000 FHLB 1.400 10/08/19 1.400%10/08/19 31330A6L54 10/08/15 999,000.00 99.970 999,700.00 3,694.45 Gilford/Sterne Agee 1,000,000 FHLB 2.000 1/29/21 2.000%01/29/21 3130A6ZT7 01/29/16 1,000,000.00 100.137 1,001,370.00 10,000.00 Multi-Bank Sec 2,000,000 FHLB 2.000 4/29/21 2.000%04/29/21 3130A7J55 04/29/16 2,000,000.00 100.115 2,002,300.00 10,000.00 Gilford/Sterne Agee 1,000,000 FHLMC 1.750 4/29/21 1.750%04/29/21 3134G8ZS1 04/29/16 1,000,000.00 100.024 1,000,240.00 4,375.00 Multi-Bank Sec 1,000,000 FHLMC 1.800 5/26/21 1.800%05/26/21 3134G9DG9 05/26/16 999,200.00 100.030 1,000,300.00 4,500.00 Gilford/Sterne Agee 1,000,000 FHLMC 1.850 5/26/21 1.850%05/26/21 3134GDV6 05/26/16 1,000,000.00 100.026 1,000,260.00 4,625.00 Multi-Bank Sec 1,000,000 FHLMC 1.700 6/30/21 1.700%06/30/21 3134G9ZF7 06/30/16 1,000,000.00 100.002 1,000,020.00 4,250.00 Multi-Bank Sec 1,000,000 FHLMC 1.800 6/30/21 1.800%06/30/21 3134G9NG8 06/30/16 1,000,000.00 100.015 1,000,150.00 4,500.00 Multi-Bank Sec 1,000,000 FHLMC 1.850 6/30/21 1.850%06/30/21 3134G9NV5 06/30/16 1,000,000.00 100.020 1,000,200.00 4,625.00 Multi-Bank Sec 1,000,000 VR FHLMC 1.800 11/25/20 0.750%03/15/21 3134G8NN5 02/25/16 1,000,000.00 100.015 1,000,150.00 3,750.00 Gilford/Sterne Agee 1,000,000 FHLMC 1.800 4/28/21 1.800%04/28/21 3134G8W62 04/28/16 1,000,000.00 100.019 1,000,190.00 9,000.00 Gilford Sec 1,000,000 FFCB 1.030 3/12/18 1.030%03/12/18 3133ECHS6 03/12/13 1,000,000.00 100.000 1,000,000.00 6,752.22 Multi-Bank Sec 1,000,000 FHLMC 2.450 12/30/21 2.450%12/30/21 3134GAC77 12/30/16 1,000,000.00 100.007 1,000,070.00 6,125.00 National Financial Se 1,000,000 FHLMC 1.800 1/27/20 1.800%01/27/20 3134GAK60 01/27/17 1,000,000.00 99.962 999,620.00 4,500.00 National Financial Se 1,000,000 FHLMC 2.250 12/30/21 2.250%12/30/21 3134GAB86 12/30/16 1,000,000.00 100.004 1,000,040.00 11,250.00 BONDS CALLED OR MATURED DURING FISCAL YEAR 114,396.94 Gilford Sec 1,000,000 FFCB 0.900 12/26/17 0.900%12/26/17 3133ECB45 12/26/12 999,500.00 99.923 999,230.00 9,000.00 RBC Dain Rauscher 1,000,000 FFCB 1.050 3/14/18 1.050%03/14/18 3133ECJ39 03/14/13 999,500.00 99.832 998,320.00 10,500.00 Higgins 1,000,000 FNMA 1.050 05/25/18 1.050%05/25/18 3135G0XK4 05/30/13 1,000,000.00 99.739 997,390.00 10,500.00 Gilford/Sterne Agee 1,000,000 FFCB 1.400 3/16/20 1.400%03/16/20 3133EGFY6 06/16/16 1,000,000.00 99.168 991,680.00 10,500.00 Gilford/Sterne Agee 1,000,000 FFCB 1.850 3/23/21 1.850%03/23/21 3133EFR82 03/16/16 1,000,000.00 99.427 994,270.00 18,500.00 Gilford/Sterne Agee 1,000,000 FFCB 1.250 1/21/20 1.250%01/21/20 3133EGNE1 07/21/16 1,000,000.00 98.899 988,990.00 6,250.00 Gilford/Sterne Agee 1,000,000 FFCB 1.560 7/26/21 1.560%07/26/21 3133EGNM3 07/26/16 1,000,000.00 98.291 982,910.00 7,800.00 Gilford/Sterne Agee 1,000,000 FHLB 1.650 1/22/21 1.650%01/22/21 3130A7RA5 04/22/16 1,000,000.00 97.904 979,040.00 12,375.00 Gilford/Sterne Agee 1,395,000 FHLMC 1.150 6/28/19 1.150%06/28/19 3134GANG5 10/20/16 1,395,000.00 99.249 1,384,523.55 11,051.50 Gilford/Sterne Agee 1,000,000 FFCB 1.68 3/21/21 1.680%03/01/21 3133EGCQ6 06/06/16 999,750.00 98.550 985,500.00 12,600.00 Gilford/Sterne Agee 1,000,000 FFCB 1.150 3/6/19 1.150%03/06/19 3133EGTS4 09/06/16 1,000,000.00 99.312 993,120.00 5,750.00 Gilford/Sterne Agee 1,000,000 FHLB 1.600 9/27/21 1.600%09/27/21 3130A9JZ5 09/27/16 1,000,000.00 98.552 985,520.00 8,000.00 Multi-Bank Sec 1,000,000 FHLB 1.625 9/30/21 1.625%09/30/21 3130A9F89 09/30/16 1,000,000.00 98.311 983,110.00 8,125.00 Gilford/Sterne Agee 1,000,000 FNMA 1.250 9/30/19 1.250%09/30/19 3136G4AA1 09/30/16 1,000,000.00 99.076 990,760.00 6,250.00 Multi-Bank Sec 1,000,000 VR FHLB 1.00 9/30/21 1.000%09/30/21 3130A9JA0 09/30/16 1,000,000.00 99.331 993,310.00 5,000.00 Gilford/Sterne Agee 1,000,000 VR FHLM 1.250 9/29/21 1.250%09/29/21 3134GAKL7 09/29/16 1,000,000.00 98.796 987,960.00 6,250.00 Multi-Bank Sec 1,000,000 FHLMC 1.650 8/25/21 1.650%08/25/21 3134GAAM6 08/25/16 1,000,000.00 98.103 981,030.00 8,250.00 Multi-Bank Sec 1,000,000 FHLMC 1.700 10/27/21 1.700%10/27/21 3134GAPL2 10/27/16 1,000,000.00 97.116 971,160.00 8,500.00 National Financial Se 1,000,000 FHLMC 1.500 12/30/19 1.500%12/30/19 3134GAYY4 12/30/16 998,250.00 99.796 997,960.00 7,500.00 National Financial Se 1,000,000 FHLMC 1.750 12/14/20 1.750%12/14/20 3134GAZJ6 12/14/16 1,000,000.00 99.662 996,620.00 8,750.00 Multi-Bank Sec 1,000,000 FHLMC 2.050 12/30/21 2.050%12/30/21 3134GAZR8 12/30/16 1,000,000.00 99.666 996,660.00 10,250.00 National Financial Se 1,000,000 FNMA 1.250 1/07/20 1.250%01/07/20 3136G4BQ5 10/26/16 1,000,000.00 98.891 988,910.00 2,465.28 Gilford/Sterne Agee 1,000,000 FNMA 1.300 3/30/20 1.300%03/30/20 3135G0Q63 10/17/16 999,600.00 98.779 987,790.00 5,886.11 Gilford/Sterne Agee 1,000,000 FNMA 1.550 8/17/21 1.550%08/17/21 3136G3W35 08/17/16 999,500.00 97.513 975,130.00 7,750.00 National Financial Se 1,000,000 FFCB 1.490 5/3/21 1.490%05/03/21 3133EGC78 11/03/16 999,250.00 98.092 980,920.00 7,450.00 National Financial Se 1,000,000 FFCB 1.950 11/23/21 1.950%11/23/21 3133EGL37 11/23/16 1,000,000.00 99.226 992,260.00 9,750.00 National Financial Se 1,000,000 FFCB 2.100 5/24/21 2.100%05/24/21 3133EHAG8 02/14/17 1,000,000.00 100.003 1,000,030.00 5,250.00 National Financial Se 1,000,000 FHLMC 2.150 2/25/22 2.150%02/25/22 3134GBMJ8 05/25/17 1,000,000.00 99.794 997,940.00 Multi-Bank Sec 1,000,000 FHLMC 1.700 11/10/21 1.700%11/10/21 3134GATC8 11/10/16 1,000,000.00 97.457 974,570.00 8,500.00 TOTALS 51,395,000 29,390,350.00 29,076,613.55 353,149.83 WFB - CITY THIRD PARTY CUSTODIAL TRUST ACCT 0.500%N/A N/A N/A 1,798,699.55 100.000 1,798,699.55 9,966.50 LAIF - CITY LOCAL AGENCY INVESTMENT FUND 0.925%N/A N/A N/A 38,650,269.81 100.000 38,650,269.81 199,702.33 CITY OF AZUSA TREASURER'S REPORT Prepared by: Art Vasquez, Treasurer June 30, 2017 Broker Face Amount Description Coupon Rate Maturity Date Acct/Cusip No.Settlement Date Principal** Market Price (Changes Monthly) Market Value*** Interest Received Fiscal Year to Date* City of Azusa Investments - AAA Rated Corporate Bonds BONDS CALLED OR MATURED DURING FISCAL YEAR 0.00 Gilford/Sterne Agee 1,000,000 Apple 1.00 5/03/18 1.000%05/03/18 037833AJ9 04/27/15 998,000.00 99.638 996,380.00 10,000.00 TOTALS 1,000,000 998,000.00 996,380.00 10,000.00 Page 3 CITY OF AZUSA TREASURER'S REPORT Prepared by: Art Vasquez, Treasurer June 30, 2017 Broker Face Amount Description Coupon Rate Maturity Date Acct/Cusip No.Settlement Date Principal** Market Price (Changes Monthly) Market Value*** Interest Received Fiscal Year to Date* Light & Water Fund Investments - Certificates of Deposit - FDIC Insured CERTIFICATES OF DEPOSIT SOLD OR MATURED DURING FISCAL YEAR 1,070.62 Higgins/RBC 245,000.00 Bank Baroda New York 1.850%11/23/21 06062QXG4 11/23/16 245,000.00 99.017 242,591.65 2,247.62 Multi National Bank 245,000.00 Discover Bank 1.900%05/06/20 254672NC8 05/06/15 245,000.00 100.368 245,901.60 4,655.00 Multi National Bank 245,000.00 Orrstown Bank 2.000%12/28/20 687377DU2 12/28/15 245,000.00 100.277 245,678.65 4,497.23 Multi National Bank 248,000.00 First Tech Fed 1.750%06/30/21 33715LAD2 06/30/16 248,000.00 98.612 244,557.76 4,710.09 Multi National Bank 249,000.00 Wells fargo Bank 1.750%06/17/21 9497485W3 06/17/16 249,000.00 98.644 245,623.56 3,629.26 TOTALS 987,000.00 1,232,000.00 1,224,353.22 20,809.82 Page 4 CITY OF AZUSA TREASURER'S REPORT Prepared by: Art Vasquez, Treasurer June 30, 2017 Broker Face Amount Description Coupon Rate Maturity Date Acct/Cusip No.Settlement Date Principal** Market Price (Changes Monthly) Market Value*** Interest Received Fiscal Year to Date* Light & Water Fund Investments - AAA Rated Federal Agency Bonds Gilford Sec 1,000,000.00 FFCB 0.820 07/11/17 0.820%07/11/17 3133EA4H8 10/12/12 999,000.00 99.925 999,250.00 4,874.44 Multi-Bank Sec 1,000,000.00 FHLMC 1.875 5/24/21 1.875%05/24/21 3134G9FT9 05/25/16 1,000,000.00 100.060 1,000,600.00 4,687.50 Multi-Bank Sec 1,000,000.00 FHLMC 1.750 6/30/21 1.750%06/30/21 3134G9LP0 06/30/16 1,000,000.00 100.015 1,000,150.00 4,375.00 Multi-Bank Sec 1,000,000.00 FHLMC 1.850 6/30/21 1.850%06/30/21 3134G9NV5 06/30/16 1,000,000.00 100.020 1,000,200.00 4,625.00 National Financial Ser 1,000,000.00 FHLB 2.000 9/29/20 2.000%09/29/20 3130AAGZ5 12/29/16 1,000,000.00 100.016 1,000,160.00 10,000.00 BONDS CALLED OR MATURED DURING FISCAL YEAR 28,561.94 Gilford Sec 1,000,000.00 FHLB 1.000 02/27/18 1.000%02/27/18 3133823D3 02/27/13 1,000,000.00 99.863 998,630.00 10,000.00 Gilford Sec 1,000,000.00 FFCB 1.180 10/18/19 1.180%10/18/19 3133EGLD5 07/18/16 999,500.00 99.061 990,610.00 5,900.00 Gilford Sec 1,000,000.00 FFCB 1.200 1/06/20 1.200%01/06/20 3133EGJV8 07/06/16 1,000,000.00 98.711 987,110.00 6,000.00 Multi-Bank Sec 1,000,000.00 VR FHLB 1.000 9/30/21 1.000%09/30/21 3130A9JA0 09/30/16 1,000,000.00 99.331 993,310.00 5,000.00 Multi-Bank Sec 1,000,000.00 FFCB 1.580 10/25/21 1.580%10/25/21 3133EGZP3 10/25/16 999,881.00 97.521 975,210.00 7,900.00 National Financial Ser 1,000,000.00 FFCB 1.480 9/6/19 1.480%09/06/19 3133EGN84 12/06/16 1,000,000.00 99.513 995,130.00 3,700.00 National Financial Ser 1,000,000.00 FHLMC 1.750 9/29/20 1.750%09/29/20 3134GBTR3 06/29/17 1,000,000.00 99.798 997,980.00 National Financial Ser 1,000,000.00 FHLB 2.010 12/22/21 2.010%12/22/21 3130AA5U8 12/22/16 999,600.00 99.772 997,720.00 10,050.00 Multi-Bank Sec 1,000,000.00 FHLMC 2.000 12/30/21 2.000%12/30/21 3134GAYV0 12/30/16 1,000,000.00 99.460 994,600.00 10,000.00 TOTALS 9,000,000.00 8,998,981.00 8,930,300.00 87,111.94 WFB - L&W THIRD PARTY CUSTODIAL TRUST ACCT 0.500%N/A N/A N/A 80,888.69 100.000 80,888.69 3,479.09 CITY OF AZUSA and LIGHT & WATER RATE STABLIZATION Principal** Market Price (Changes Monthly) Market Value*** Interest Received Fiscal Year to Date* TOTAL INVESTMENTS IN FEDERAL AGENCIES, Corp Bonds, CD's, WFB INSTITUTIONAL TRUSTS, and LAIF 87,445,454.05 87,086,759.97 786,178.19 *The Interest reflects earnings received from July 1, 2014. **The "Principal" column reflects the balance on the last day of the month or the "historical cost" spent to purchase a security. ***The "Market Value" is the current price at which a security can be traded or sold. Page 5 Cost Market JUN Inv 87,445,454.05$ JUN Inv 87,086,759.97$ MAY Inv 89,353,287.06$ MAY Inv 89,085,144.61$ JUN Bank 4,204,143.78$ JUN Bank 4,204,143.78$ MAY Bank 2,869,924.40$ MAY Bank 2,869,924.40$ Change (573,613.63)$ Change (664,165.26)$