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HomeMy WebLinkAboutInvestment Report and Transaction Reporting - November 30, 2017 Menchaca, Clarissa From: Worsham, Colette Sent: Friday, December l5, 2817l0:05AM To: Annie Liu, Governmental Accounting Manager, Awditor'[ontroOer; Snyder, Ashley; Gullickson, [anoU; Childs, Heather; Christy Patterson, Butte County Schools JPA; Worsham, Colette; Houser, David; Heather Naylor, Gridley Unified School District; Cook, Holly; Beene, Dana; Bruffett,Jim; Kevin Bultema, Chico Unified School District; Homea, Knr6Jordan, Kurt; Lisa Anderson, TOC Member(B[O2pep); Lam, Lisa; Sandoval' Kdaritza;Jessee, K4eegian; Menchaca, Clarissa; Mia Osborne-Ng, Executive Assistant to the Butte County Superintendent of Schools; Ramsey, Mike; Moak, Peggy; Bennett, Robin; Hubbard, Sheryl; Connelly, Bill; Kirk, Maureen; Lambert, Steve;Teeter, Doug; Wahl, Larry; Peterson, Susan; Susan Watts, TOC Member(JQHSD nep); Tim Taylor, Butte County Superintendent ofSchools;William (Jim) Nicholas, Director nfBusiness Services Subject: Investment Report and Transaction Reporting November 3O, 2017 Attachments* Investment Report November 30, 2017.p,df;Transaction Reporting November 30, 2O17.pdf Greetings! The Treasurer's I nvestment Report for the month ending November 30, 2017 isattached,foryour reference. Additionally,the information provided inthe attached "Transaction Reporting November 3O, 2817° consists of spreadsheets and statements detailing transaction activity for the month. |fyou have any questions or concerns, please feel free to contact Peggy Moak or Lisa Lam at 538-7576. Best regards, C01-OW&w(_n_9Aa4"1 Supervisor, Banking and Cash Man@germent, Treasury Division Butte County Treasurer-Tax Collector 25 County Center Drive, Suite 125, Oroville, CA 95965 T� 530,538.6264 U F: 530,53&7648 1 t Treasurer—Tax Collector Peggy Moak, Treasurer-Tax Collector Treasury Division ■ 25 County Center Drive, Suite '125 T: 530.538.7576 Butte Oroville,California 95965-3384 F: 530.538.7648 buttecounty.net/ttc TREASURER-TAX COLLECTOR December 15, 2017 Butte County Board of Supervisors Butte County Chief Administrative Officer Investment Pool Oversight Committee The attached investment report for November 30, 2017 is submitted in accordance with the Butte County Statement of Investment Policy dated July 1, 2017. All investments are in compliance with this policy. The investment Report demonstrates that sufficient liquidity is available to meet anticipated expenditures during the next six months. The Local Agency Investment Fund (LAIF) is used as a comparison against Butte's portfolio performance. A look at the 5-year moving average for the Butte County Treasury apportioned yields vs. LAIF apportioned yields demonstrates that, over time, a medium term, laddered portfolio will generally outperform a shorter-term investment strategy, which LAIF usually mirrors. The 5-year moving average for Butte County's FY 15/16 and FY 16/17 performance compared to LAIF shows margins of 0.865% and 0.697%, respectively. Using $350,000,000 as a baseline portfolio (actively invested balance), this translates to enhanced earnings averaging $3,027,500 per year for the past five years. NOTE: Fair values are trending lower than cost carried due to an increasing yield environment. Investments are marked to market monthly based on a current market price determined by U.S. Bancorp Investments. Copies of statements reflecting investment and cash management transactions are provided to the Board of Supervisors monthly and are available upon request. Quarterly Investment Reports are made available on the Treasurer-Tax Collector website at hftp://www.buftecounty.net/ftc. Respectfully, 4_ �S�A� Peggy Moak Butte County Treasurer-Tax Collector cc: Butte County Auditor-Controller Butte County Special Districts(Quarterly) Butte County Board of Supervisors Butte-Glenn Community College Butte County District Attorney Chico Unified and Gridley Unified School Districts Butte County Schools-JPA Jessee,Meegan—Butte County Deputy Administrative Officer Butte County Sheriff Liu,Annie—Butte County Manager,Gov't.Accounting Butte County Superintendent of Schools Beene.tuna—Butte County Internal Auditor ty �Butte Coulnt BUTTE COUNTY TREASURER'S INVESTMENT REPORT November 30,2017 YIELD TO WEIGHTED AVERAGE ACTIVELY MANAGED PORTFOLIO: MATURITY MATURITY(DAYS)' PAR VALUE FAIR VALUE COST CARRIED LOCAL AGENCY INVESTMENT FUND(LAIF) 1.172% 1 47,753,903.73 47,753,903.73 47,753,903.73 CALTRUST SHORT TERM 1.275% 1 4,608.64 4,608.64 4,608.41 CAMP SHORT TERM 1.200% 1 15,336,459.34 15,336,450.34 15,336,450.34 BANK MONEY MARKET(COLLATERALIZED) 1.140% 1 5,027,617.18 5,027,617.18 5,027,617.18 U.S.TREASURY NOTES- 1.788% 1,449 44,000,000.00 43,511,835.00 43,847,844.49 MUNICIPAL.BONDS" 1.777% 942 38,760,000.00 38,585,929.00 38,891,145.53 CORPORATE NOTES" 1.540% 573 38,202,000.00 38,167,267.20 38,487,630.57 NEGOTIABLE CDS" 1,864% 1,161 9,250,000.00 9,251,500.91 9,246,917.32 FEDERAL AGENCY !SUPRANATIONAL NOTES" 1.410% 770 193,115,000.00 191,475,472.10 192,869,775.88 TOTAL ACTIVELY MANAGED PORTFOLIO: 1.471% 719 391,449,579.89 389,114,584.10 391,465,893.45 INVESTMENT OF NOTEIBOND PROCEEDS AND OPERATING CASH SCHOOL BOND PROCEEDS(see Paae2tardetaas} 81,269,698.44 81,269,698.44 81,269,698.44 OPERATING ACCOUNTS U.S.BANK CHECKING ACCOUNT DEPOSITS 13,057,518,55 13,057,518.55 13,057,518.55 OPERATING CASH 63,312.01 63,312.01 63,312.01 OTHER 0.00 0.00 0.00 TOTAL TREASURER'S FUND LEDGER BALANCE: 485,840,108.89 483,505,113.10 485,856,422.46 INVESTMENTS UNDER MANAGEMENT OF TRUSTEES(see Paas uforUetaes) 3,248,186.76 3,248,186.76 3,239,964.88 PAR VALUE FAIR VALUE COST CARRIED TOTAL CASH AND INVESTMENTS: 489,488,295.65 486,753,299.86 489,096,387.33 SIX MONTH LIQUIDITY PROJECTIONS Estimated Cash Receipts for Next Six Months 576,675,896 Estimated Disbursements for Next Six Months -533,380,945 Estimated Net Cash Flow for Next Six Months— 43,294,951 (All) Prudent Reserve -30,000,000(A2) Securities Maturing 64,765,000(B) Local Agency Investment Fund/Cal Trust!MMF/CAMP 68,122,580(C) Total Liquidity for Next Six Months 146,182,531 (A1+A2+B+C) Estimated Cash Available for Long Tenn Investment -30,000,000 Remaining Available Liquidity 116,182,531 Total Par Value of actively managed investments maturing In less than 12 months: 151,137,580 Total Par Value of actively managed investments maturing In more than 12 months: 240,312,000 Actual Weighted Average Maturity will be shorter,and actual dollar amount of investments maturing in less than 12 months will be higher than stated,due to call features on investments. See page 5 for detailed list of investments. Includes TRAN(Tax and Revenue Anticipation Notes)receipts and disbursements,if applicable. 1 BUTTE COUNTY TREASURER'S INVESTMENT REPORT INVESTMENT OF SCHOOL BOND PROCEEDS November 30,2017 INVESTMENT MATURITY ANNUAL PAR FAIR COST BOND1NOTE DESCRIPTION TYPE DATE DESCRIPTION YIELD" VALUE VALUE CARRIED BONDS-LOCAL AGENCY INVESTMENT FUND(LAIF) Butte-Glenn CCD 2016 GO Bond Series A LAIF 1.172% 40,970,305.87 40,970,305.87 40,970,305.87 Chico Unified 2012 GO Bond Measure E Series A LAIF 1.172% 1,908,415.23 1,908,415.23 1,908,415.23 Chico Unified 2016 GO Bond Series A LAIF 1.172% 38,390,977.34 38,390.977.34 38,390,977,34 PAR FAIR COST VALUE VALUE CARRIED GRAND TOTAL 81,269,698.44 81,259,698.44 81,269,698.44 Wolds quoted above,are a snapshot per investment type.Actual yields earned an school bonds are calculaled by the Treasurels atCce and are a composite of Investment earnings less Treasury costs. 2 BUTTE COUNTY TREASURER'S INVESTMENT REPORT DEPOSITS AND INVESTMENTS UNDER MANAGEMENT OF TRUSTEESWISCAL AGENTS November 30, 2017 INVESTMENT MATURITY ANNUAL PAR FAIR COST FINANCING PROGRAM TYPE DATE DESCRIPTION YIELD VALUE VALUE CARRIED 2004 PENSION OBLIGATION BONDS WELLS FARGO BANK,TRUSTEE Series A Bond Fund#XXXX1106 Money Market WF GOVT MMF#1751 1.474% 1,201,150.21 1,201,150.21 1,201,150.21 Int,Rate Stabilization Fund#XXXX1109 Money Market WF GOVT MMF#1751 1.474% 1,014.48 1,014.48 1,014.48 Pooled Agency Funds Local Agency Investment Fund 1.172% 1,656.38 1,656.38 1,656.38 Principal Account Fund#XXXX1140 Cash Cash 0.000% 11.61 11.61 11.61 Interest Account Fund#XXXX1141 Cash Cash 0.000% 826,723.80 826,723.80 826,723.80 Surplus Acwunt Fund#XXXX1142 Cash Cash 0.000% 5,211.34 5,211.34 5,211.34 Sinking Account Fund#XXXX1143 Cash Cash 0.000% 0.00 0.00 0.00 Series B Interest Fund#XXXX1301 Money Market WF GOVT MMF#1751 1.474% 26,197.10 26,197.10 26,197.10 Series B Bond Fund#XXXX1305 Money Market WF GOVT MMF#1751 1.474% 1,024,150.35 1,024,150.35 1,024,150.35 Series B Interest Fund#XXXX1307 Money Market WF GOVT MMF 01751 1.474% 80.85 80.85 80.85 SUBTOTAL 3,086,196.12 3,086,196.12 3,086,196.12 DEPOSITS WITH FISCAL AGENTS Discovery Benefits Plan Year Cash Balance 1101/16-12131116' NA 38,221.88 38,221.88 "30,000.00 York Risk Services Group-Claim Administrators Umpqua Bank#XXXXX2601 Commercial Bank Business Checking NA 123,768.76 123,768.76 123,768.76 SUBTOTAL 161,990.64 161,990.64 153,768.76 PAR FAIR COST VALUE VALUE CARRIED GRAND TOTAL 3,248,186.76 3,248,186.76 3,239,964.66 Represents the most current data available(source:Auditor-Controller) Benefits can be paid in advance of receipt of offsetting payroll deductions 3 BUTTE COUNTY TREASURER'S INVESTMENT REPORT ACTIVELY MANAGED PORTFOLIO"AT-A-GLANCE" November 30,2017 INVESTMENTS BY TYPE` INVESTMENTS BY MATURITY&YIELD* Loral Agency Investment FuncUCatTrusWMFICAMP LAIFICTIMMF/CAMP $ 68,122,580 Federal Home Loan Bank FHLB $ 30,200,000 LAIFICALTRUSTIMMFICAMP(Iday) 1.176% $ 68,122,580 Fedora$Home Loan Mortgage Corp FHLMC $ 13,000,000 01-12 months 1.071% $ 63,015,000 Federal Nationat Mortgage Assn FNMA $ 25,000,000 13-36 month$ 1.654% $ 113,472,000 Federal Farm Credit Bank FFCB $ 35,000,000 37-60 months 1.728% $ 126,840,000 Federal Agricutturat Mortgage Corp FAMCA $ 34,265,000 TOTAL PAR VALUE $ 391,449,580 Corporate Notes CORP $ 38,202,000 U.S.Treasury Notes UST $ 44,000,000 'Investments managed by Trustees&School Bond Proceeds not included. Tennessee valley Authority TVA $ 5,000,000 Supranational SUPRA $ 50,650,000 Final maturity dates are used;probable call dates are not considered. Certificates of Deposit(CollateralizedlNegotiable) I $ 9,250,000 Amounts quoted at Per Value, Municipal Bonds MUNI $ 38,760,000 $ 391,449,580 10% 2% 13% 1% 11% 10% •LAIF/CALTRUST/MMF/CAMP(1 day) •LAIF/CT/MMF/CAMP•FHLB FHLMC •FNMA .01-12 months •FFCB =FAMCA .CORP •UST K 13-36 months •TVA •SUPRA •Cos •MUNI •37-60 months Butte County Pooled Treasury Portfolio Balance" Net of Tax and Revenue Anticipation Notes(TRAN) and Bond Proceeds $500,000,000 $475,000,000 —4-2017 •••�1036 $450,000,000 —�zo3s $425,000,000 - --zo3s $400,000,000 —f-2033 —�xi31 $375,000,000 �zo33 $350,000,000 —°-zoos $325,000,000 --0- oes $300,000,000 $275,000,000 $250,000,000 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC •' This chart does not include deposits from TRAN,Bond Proceeds=or Investments under Management of Trustees. It is Intended to demonstrate cash now trends and establish a baseline for the portfolio,enabling medium term Investments. 4 BUTTE COUNTY TREASURER'S INVESTMENT REPORT MANAGED PORTFOLIO-DETAILS OF SECURITIES HELD November 30,2017 Cradlt Raling Purchase Maturity Yield to Secu1 Demotion SBP 1.1c."., FRch Data Data MOW [SLS Py,Value FaIrValue Coat Ca;f0d' 313381820 FEDERAL HOME LOAN BANK AA- Aaa NR 12!1912012 12/82017 O.B57 5.000.000.00 4999,605.DO 4.999,898.27 3133EC345 FEDERAL FARM CREDIT BANK AA. Asa AAA 121202012 121262017 0.910 10,000,000.00 9,996,98O.D0 9,999,930.56 31315PTSB FAR MER MAC NR NR NR 11112013 12272017 0.993 4.265.000.00 4264,360.25 4,264,990.69 3137EADN6 FHL MC.75 01!18 AA+ Aaa AAA 11142013 111212018 0920 5,0000.0 4,99070.0 4,999,055.95 3135GOUE1 FEDERAL NATL MORTGAGE ASSN AA+ Aaa APA 211412013 21142018 1-000 10,000,000.00 9,993,590.DO 10,000,000.00 48124JSZ2 JA MORGAN CHASE DANK NA NR NR NR 21202013 2202018 1.125 250,000.00 250.000.00 25000.0 31315POM4 FARMER MAC NR NR NR 392013 3152010 0.940 10000000.00 9,991,870.00 9,999,994.72 31315PZZ5 FARMER MAC NR NR NR 51152013 3192018 0.976 6,000,000.00 4,990.150.00 4.997,266.85 64952WBZ5 NEWYORK LIFE GLOBAL FOG AA+ An AAA 42712015 4272018 1.230 5.00001)3 DID 4,994,265.00 5,001,392,41 020061-QN6 ALLY BANK NR NR NR 41302015 41302018 1.150 250,000.00 250.000.00 250.000.00 3133ECNY6 FEDERAL FARM CREDIT BANK AA+ Aaa APA 5182013 5182078 0986 5,000,00000 4,986,395.00 4,999,236.01 3134G46W4 FEOERAL HOME LOAN MTG CORP AA. Aaa APA 5292013 5292018 1.DOO 5,000,000.00 4,987,000.00 5.000.000.00 1727SRAU6 CISCOSYSTEMSINC AN Al NR 111122015 61152018 1-365 5,000,GOO.GO 4,999,710.00 5,007,506,32 89236%P8 TOYOTA MOTOR CREDIT CORP AA- Aa3 A 9/182015 71132018 1.600 5,900,000.00 4.995.010.00 4.i)98,490 84 39147J3EO GOLDMAN SACHS BANK USA NR NR NR 827x2014 8272018 1650 250,000,00 250,000.00 250,000.00 0687CAY6 AMERICAN EXPRESS BK FSB NR NR NR 8282014 82812018 1.600 250.000 OD 250.000.00 250.00000 4590SIERO INTL SK RECON&DEVELOP AAA Aaa APA 12+52016 19+52018 1-281 2,S0,000.00 2,485,757.50 2,494.576.36 860591 EQ7 TENN VALLEY AUTHORITY AA+ Aaa AAA 71182017 10/15/2018 1.363 5,000000.00 5.004075.00 5.016.670.02 7954SORMS SALLIE MAE BANKISALT LKE NR NR NR 11252013 11202018 2050, 250,000,00 252,999.50 250,000.00 666184WJ7 ORIENTAL BANK NR NR NR 121182015 121172018 1.750 250.000,00 250.800.60 250,000,00 892367860 TOYOTA MOTOR CREDIT CORP AN Aa3 A 9/182015 1/172019 1875 5,00,000.00 5,008,350.00 5,012,224,02 037833902 APPLE INC AA+ Aa1 NR 11172017 2222019 1.450 1,540.000.00 1,536.986.22 1,544,623,55 65003SK80 NEW YORK ST URBAN CEVCORP REV AAA Aa1 AA. 12/182014 31152019 1980 5.000,00 00 5,010,800.00 5,000,592.53 13063CKL3 CALIFORNIA ST GO UNLTD TXBL AA, A33 AA- 11242014 5112019 1.900 3.000.000.00 3,01464000 3,914,188,67 3133EFD20 FEDERAL FARM CREDIT BANK AA+ An AAA 22312016 Sf2320i9 1.256 5,000,000.0 4,959,415.00 4,998,863,25 59491BACS MICROSOFT CORP AAA Aaa AA- 9282015 6112018 1,580 2.500.000.00 2,585,535.00 2,595.06122 91412GS62 UNIVOF CALIFORNIA CA REV TXBL AA Aa2 AA 82412015 7112019 1,698 5,000,00.00 4,994,950.00 5,007,458,90 31315PM71 FEDERAL AGRIC MTG CORP NA NR NR 71172014 71172019 1.013 5.00.000 00 5.002,805 00 4,993,57028 459058EV1 INTL BK RECON&DEVELOP AAA Asa AAA VOI2016 7202019 1,392 5,000,00.0 4,951,235.00 4,988.577,70 31315PTD1 FARMER MAC NR NR NR 0252014 0232019 1,765 5.0w.000 Go 4,990,80500 4,986,38553 68389XAX3 ORACLE CORP AA- Al A+ 10182015 101812019 1,845 4,162,000,0 4,163,425.98 4,191.966 20 45905UZJ6 INTL BH RECON&DEVELOP NR Aaa NR 1722016 10252019 1573 5.000.00000 4,93367500 4,974,751,68 3133EE01,19 FEDERAL FARM CREDIT BANK AA+ Aaa AAA 11112x2014 111122019 1,60 5,00G,000 00 4,995.575.00 5.000.0w 00 956594AW3 WHITNEY BANKRAS NR NR NR 1252017 1278020 170 250,00.0 250,979.75 250.000 GO 02587DXE3 AMERICIWEXPRCENTURION NR NR NR 1/302015 1/302020 1,959 250,000.0 252,914.50 250.00.00 8828DBEM0 TEXAS ST TECH UNN REV AA- Aal AA, 11102015 21152020 1,790 2,570,000,00 2,567,764.10 2,587,037,98 91282BJ54 VS TREASURY NOTE AA. Aaa AAA 4162015 3/312020 1,330 5,00,000,00 4,950,585.00 5,05.025.62 13OMSO4 CALIFORNIA ST GO UNLTD TXBL AP, Aa3 AA- 42912015 4112020 1,680 5,00,000,00 4,974,450.0 5,013,367.95 71270OMS2 PEOPLES UNITED BANK NA NR NR NR 4!152015 4/1620211 1.80 250.00.0 253.069-25 250,00.0 3136G2HF7 FEDERAL NATL MORTGAGE ASSN AA+ Aaa AAA 61192015 51192020 160 5,00,00.0 4,970,095,0 5,00000.00 912828XE5 VS TREASURY NOTE AA+ Aaa AAA 6!12015 5x312020 1.503 4,00,00.0 3.968.280.0 3.999,687.84 140420RXO CAPITAL ONE BANKUSA NA NR NR NR 61102015 61102020 2000 250,00.0 252,434.00 249,369.18 313383HU8 FEDERAL HOME LOAF BANK AA+ Asa NR 6!52015 6!122020 1.7811 $.00.000.00 4 980,080.0 4,996,370.12 3133834HI FHLB 1.375 DG2O AA- Aaa NR 7232015 Ef122320 1.795 5,20,00.00 5,134,142.0 5,147,295.62 8821172X1 TEXAS ST A&M UNIV REV AAA Aaa AAA 8f102O15 7f1202O 1.953 3.00.00.00 2.979.900 00 2,984,315.16 459059FMO INTL BK RECON&DEVELOP AAA. Aaa AAA 8232016 9!102020 1.140 5,00,00.0 4,891,695,0 4,997,996.81 05580ACW2 BMW BANK NORTH AMERICA NR NR NR 9!182915 9/182020 2200 250.00.00 254,666,50 250,000.0 2033AMR4 GOMENIYY CAPITAL BANK NR NR NR 9212015 9212020 2.250 250,00.06 254.680,00 250.00.0 49306SYWO KEYBANKNA NR NR NR 9272017 9252020 1.850 250.00.00 250,000 DO 250,00.0 3136GiHZO FANNIE MAE AA. Aaa AAA 2WO17 9282020 1.677 5,0D0,D0.0D 4,972,975,0 5.03.093-54 912828222 US TREASURY NOTE AA+ Aaa AAA 10!312017 10/152020 1-712 5,000,00000 4,966,795,0 4,987,858.80 254572VT2 DISCOVER BANK NR NR NR 10212015 10212020 2.200 250.00.00 254.146,75 250,00000 14042R8L4 CAPITALONENA NR NR NR 11!132015 10282020 2277 250,00.90 254,57350 249,816.74 694910BGU MICROSOFT CORP AAA An AA- 8222016 11132020 1.392 5,00,00.00 4.959.240 00 5,086.638.83 94986TWGB WELLS FARGO BANK NA NR NR NR 12x32015 12x32020 1.500 250,00.00 252,244,50 250,06.00 29266NX93 ENERBANKUSA NR NR NR 1282016 1282021 1.903 250,00.00 250,516,25 249.60523 3130A7CV5 FEDERAL HOME LOAN BANK AA+ Aaa NR 4172076 V182021 1.315 5,00,00.0 4,911,095.00 5,009,283.75 4581X0CS5 INTER-AMERICAN REVEL SK APA Ana AAA 111152016 31152021 1.574 5.00.00.00 4,968.170,00 5,047,625.64 13063CP87 CALIFORNIA ST GO UNLTD AA- Aa3 AA. 61132016 412O21 1.430 5,00,00.00 4,897,050.00 5,011,10.56 3134G8Y29 FREDDIE MAC AA- NR AAA 4282016 4282021 1.325 3.00.00.0 2,959,93800 2,996.932.50 459958F60 INTL BK RECON&OEV ST EP-UP NR NR NA 412012016 4282021 1.250 3,00,00.0 2,959,250.00 3,00,00.0 128829AC2 CALDWELL 6K&TRUST CO NR NR Na 511320111 51132021 140 250,1100.0 248.19250 250,00.00 91412GF59 UNIV OF CALIFORNIA CA REV TXBL AA Aa2 AA 8152016 51152021 1.417 500,00.0 4,947,590.00 5,076.248.96 459OSSF81 INTL SK RECON&DEVELOP AAA Aaa AAA 611312D16 5242021 1.412 5.000,000.0 4,878,015.00 4,993,773.69 3136G3MV4 FEDERAL NATL MORTGAGE ASSN AA+ Aaa AAA 5252D18 5252021 1.375 5,000,00.0 4,872,885.00 5.00.00.0 27113POED EAST BOSTON SAVINGS BANK NR NR NR 6232016 6232021 1.500 250,00.0 245,739.00 250,000.00 3133EGKA2 FEDERAL FARM CREDIT BANK AA+ Aaa AAA 7162016 7!611021 1.50 5,00,000.0 4,091,740.90 5.00.000,0 3130ABOSS FEDERAL HOME LOAN BANK AA+ Aaa NR 71142016 7/142021 1.201 5.000,00.0 4,847,925.0 4,986,680.44 58403B452 MEDALLION BANK VTAH NR NR NR 7282016 7252021 1.40 250,00.0 244.840.00 250.00.0 884130BN'7 THIRD FED SAVBLN CLEVLND NR NR NR 72112017 7202021 2-00 250,00.0 250,00.00 250,00.0 95954WN8 WESTERN STATE BANK NR NR NR 7292016 72921121 1.400 250400.0 244905.50 250,00.0 59491SEPS MICROSOFTCOAP AAA Aaa AA+ 8/192016 8182021 1541 5,00,00.0 4,874,745.0 5,01,585.30 74267GVM6 PRIVATE8ANK&TRUST CO NR NR NR B,J82016 8,30x1021 1.500 250.00.0 244,561.00 250,000.0 08173CBA6 BENEFICIAL BANK NR NR NR 9/162016 9/132021 1.500 250,00,00 244,506.50 250,000.0 459058FP3 INTL BK RECON B DEVELOP AAA Aaa AAA 51192017 9202021 1.899 5.150.00.0 5.00.524.35 5.051,9W 32 87155FNC4 SYCHRONY BANK NR NR NR 10212111E 10x212021 1.700 250.000 OD 243,858.25 25040.0 91282ST67 USTREASURYNOTE AA- Aaa AAA 11272017 101312021 1.955 5,00.00.00 4,859,180.00 4.867,769.87 3130AA2F4 FEDERAL HOME LOAN BANK AA+ An NR 11232016 11232021 1,700 5,00,ODO.00 4,909,285.00 5.000,0000 45905UC28 INTL SK RECON&DEVELOP NR NR NR 121282016 12282021 2050, 5,00.00.00 4,97800.00 5,0G0,000 00 084601GS6 BERKSHIRE BKIPITTSFIELD NR NR NR 121J02016 1213012021 2,200 250,0311,00 251,585.50 250,001)00 459058FY4 INTL SK RECON&DEVELOP NR An AAA 31102617 1252022 2,165 5.000.000 Go 4,9E9,77500 4,967,605 50 3133EHAX9 FEDERAL FARM CREDIT BANK AA+ Aaa AAA 2232017 21232022 2000, 5,000.000 Go 4,975,415.00 5,000.000 00 940727AH3 WASHINGTONFIRST BANKSHAR NR NR NR 21132117 2232022 2060, 250,00,0 250000.0 250,00,00 256650AV7 DOLLAR BANK FSB PA NR NR NR 3182017 3182022 2050, 250,00.0 250,0110.00 250.00,00 574193NCS MARYLANDSTGOUNLT AAA Aaa AAA 3222017 31152022 2,250 5.190,D00 Go 5,198,874.90 5,190.000 00 9BB76EIQSO ZB NA NR NR NR 4132017 4112022 2.102 250,00.0 250,00.00 20.959 21 3132XOSKS FARMER MAC NR NR NR 5152017 5152022 1,975 5,00000,00 4,966,540.0 5,000.000 00 5074DXZB9 MERCANTILE BANK OF MI NR NR NR 5!10/2017 51102022 2,10 250,00.00 250.00.00 250.00,00 92834CCD2 VISIONBANK OF IOWA NR NR NR 11282017 5!312022 2.150 250,0000 250,000.0 250,00.0 912828X05 U5TREASURY NOTE AA, Aaa AAA 7212017 6x302022 1.810 5,D0,D0.0 4.929.690.0 4.986,973 68 D574OKKOO BARCLAYS BANKfDELAWARE NR NR NR 7!122017 7!122022 2200. 250,0000 250,00,0 250,00.0 912B28XQ8 USTREASU14YNOTE AA. Aaa AAA 7/312017 7/312022 1.823 5,00,000.0 4,983.985,0 5.039.345.74 319141HGS FIRST BANK OF HIGHLAND NR NR NR 81162017 8!162022 2200 250,000.0 250,000,0 250,00.0 872700201 2 71AAFSB NR NR NR 811E7 SIMM 22 2.200 250,00.00 250.00,0 250.00000 91282SL24 USTREASURYNOTE AA- Aaa AAA 10!102017 8x312022 1935 5,00,00.00 4,953,515,00 4,986,346.93 4581X0CZ9 INTER-AMERICANDEV8K NR Aaa AAA 9!142017 91142022 1.803 5,00,000.00 4.898.115,00 4,988,034.72 3361ORRF2 FIRST PREMIER BANK NR NR NR 9/162017 91152022 2000 250,00.00 250,00,0 250,DO0.0 9128282WS US TREASURY NOTE AA+ Aaa AAA 10162017 9/302022 1.930 5,00,00.00 4.951.170 00 4,987,351.54 66612ABX5 NORTHFIELD BANK NR NR NR 10252017 10252022 2.203 250,00.90 249,387,66 249,387.66 33708UCK3 FIRST STATE COMMUNITYSK NR NR NR 10272017 10272022 2.150 250.00.00 2500000 250,000.00 912828M49 US TREASURY NOTE AA- Aaa AAA lol2017 10x312022 2.037 5,00,00.00 4,948,635.00 4,962.368.65 "Elfecllve Derallon:2.208 1.534 323,327,00.00 320,992,004.21 323,294,098.41 awra:oaeeeur e.r+aegry ,..mry mer Horn]reeyeere CmGnaa new eme[on mnroawa:m -m'�aD wmmowara,e ,9x11:repeer p,�yym uy,pip.('oonrm.cc,ena.u.a,,.epeus Cwrmare epncy rn en mnva rkawede co,.re as rka os.m roc env�a Treasurer-Tax Collector Peggy Moak, Treasurer-Tax Collector r 1 Treasury Division Butte County25 County Center Drive,Suite 125 ( T: 530.538.7576 buttecounty.net/ttc Oroville, California 95965-3384 F: 530.538.7648 TREASURER_TAX COLLECTOR December 15, 2017 Butte County Board of Supervisors Butte County Chief Administrative Officer Investment Pool Oversight Committee The attached statements showing investment transactions for the month ending November 30, 2017 are submitted in accordance with Government Code, and with Local Agency Investment Guidelines as provided by the California Debt and Investment Advisory Commission. The Investment Policy effective July 1, 2017 includes a provision for monthly reporting of investment transactions to the Board of Supervisors. In addition to the above, Investment Reports are submitted on a monthly basis. Quarterly Investment Reports are also made available on the Treasurer-Tax Collector website at hftp://www.buftecounty-net/tt - If you have any questions regarding investment reporting, please feel free to contact me, or Lisa Lam, at 538-7539. Yours truly, Tin� Peggy Moak Butte County Treasurer-Tax Collector Monthly Investment Transaction Reporting Table of Contents Funds Under Management of Trustees • Wells Fargo Bank — 2004 Pension Obligation Bonds • Umpqua Bank - York Risk Services Group Local Agency Investment Fund • Butte County Treasurer • Butte Community College District • Paradise Unified School District • Oroville Union School District • Chico Unified School District • Butte County Office of Education CalTrust CAMP Five Star Bank US Bank Safekeeping Butte County Treasurer Monthly Investment Transaction Reporting Funds Under Management of Trustees Wells Fargo Bank,Trustee 2004 Pension Obligation Bonds Transaction Activity Sort-A Series ToWi Cash WI1h Transaction S Month End Data X-M1108 XXXX1109 XXXXII40 XXXXi141 XXXX1142 XXXXii43 XXXX1301 XXXX1305 XXX%1307 Fiscal Agqnt 543112017 Fafr Vatua 3,994.34 2.858.52 11.55 834,978.20 624A8 280,000.00 23,239.49 357,542.38 455,00.00 1,988,048.94 Irdereal Ea-ed 581.55 0,54 0.01 14.51 0.15 4.12 369,53 80.56 1,050,98 Wua Tfarefar From Butte County 0.00 Transfer To XXXX1307 0,00 Transfer To XXXX4301 (24,411,06) (24.477,067 Transfer To XXXX1140 0.00 Transfer To XXXXi141 000 Transfer To XXXXI142 14.575 89} (4.575.891 Transler To XXXX1143 0.60 Princpal Pad to(Bondholder (280,000 00) (455,009.001 1735,060 061 Interest Paid to Bondholder (834.970.20) 123,239.491 (858,217.691 Transfer from>VM1106 4.575.89 4,575.89 Transler from XX)X1305 24.471.06 24.471.06 6730/2017 Fair Value 0.00 2,059.06 11.50 14.51 5,200,51 0.00 24.475.18 343,440.85 60.56 375882.23 Interest Earned 0.33 442 001 001 1.55 0.55 22353 0.05 230A5 Wire Transfer From Burte County I 1 000 Transfer To XXXX1307 0 00 Transfer To XXXX1301 125.078.66} (25,078.86} Transfer To XXXX1140 0.00 Transfer To XXXX7141 0.00 Transfer Ta XXXX1142 0.06 Transfer To XXXX1143 0.00 Principal Pail to Bondholder 0.00 Interest Pad to Bondholder 124,477 061 (24,471.06) Transler from XXXX1106 000 Transfer ham XXXX1305 25,078.86 125�.,10886713iR017 Fair Value 0.33 2,083.48 11.57 14.52 5,202.08 0.00 25,083.53 318,585.52 80.61Interest Eamed 0.70 0.01 0.01 2.15 3.38 236.45 9.05Wre Trereler From Bu1ie County 2,023.44760 809,063.55 Tmnster TO XXXXt307 Transfer To XXXX1301 (26,8%.551 Transfer To XXXX1140 Transfer To X.XX1141 000 Transfer To XXXX1142 0.00 Transfer To XXXX1143 0.00 Pnncipal Paid to Bondholder 0.90 interest Paid to Bondholder (25,07686) (25.070.66) Transfer from XXXX1106 0.00 Transfer from XXXX1305 26,886,55 26.666.55 813112017 Falr Value 2,023,447.93 2,664.18 11.58 14.53 5,204.21 0.00 28,894.80 1,100,998.97 88.67 3,159,316.67 Interest Earned 1457.64 0.73 0.01 0,01 2,30 1,89 81062 0,05 2.273.26 Wire Transfer From Butte County 1 0.00 Transfer To XXXX1307 0.00 T<ansfer To XXXXI301 (26,983.96) 126.983.98) Transler To XYM1140 0.00 Transfer To XXXX1141 0.00 Transfer To XXXX1142 0-00 Transfer To XXXX1143 000 Principal Paid to Bondhutder 0.00 Interest Pad to Bondholder (26,886 55) (26.886.551 Transfer lrom)0=1106 0.00 Transfer from X1000305 26.983.98 1 25,903.90 913072017 Fal;Velue 2,024,005.57 2,654.91 11.59 14.54 5,206,51 0.00 20,993.92 1,074,825,61 00.731 3.134,703.36 Interest Earned1434,75 5,19 0-01 0.61 2.32 2.55 778,14 0.06 2.223.03 Wire Transfer From Bute County 1 0.00 Transfer To XXXX1307 9.00 Transfer To XXXX1301 (2S.06332) (26,063.32) Transfer To XXXX1140 0.00 Transfer To XXXX1141 0.00 Transfer To XXXX1142 0.00 Transfer To XXXX1143 0,00 Prindpal Pad to Bondholder 000 Interest Paid to Bondholder (26.983.961 (26,463 981 Transfer from XXXX1106 0,00 Transfer from XXXX1305 26,063.32 26,063,32 1013112017 Fair Value 2,020.UD.321 2,870.10 11.80 14.55 5,208.83 0.00 2.075.81 1,49.590.43 80.79 3,109,942A3 Interest Eamed 1,519,13 076 1 0,01 0.01 2.51 1.92 605.10 0.06 2,329.50 Wire Transfer From Butte County 0,00 Transfer 7o XYM1307 0,00 Transfer To XXXX1301 t26.195.18} 0.195.181 Transfer To XXXX1140 0,00 Transfer To XXXX1141 (826.709.241 026.709.24) Transfer To XXXX1142 0.00 Transfer To XXXX1143 0.00 Principal Paid to 8ondhoider (26,075 61) [26.07581} Irderesl Paid to Bondholder 0.00 Transfer from XXXX1106 826,709.24 626.70924 Transfer from XXXX1305 26.195.16 26.19118 1113(V2017 Fair Value 1,201,150.21 1 2.670.861 11.61 828,723.80 6,211.34 1 0.00 1 28,197.10 1 1,024,160.35 1 80.85 3,088,196.12 Sources:1)Wells Fargo Bank Statements,2)Butte County administration Office Butte County Treasurer Monthly Investment Transaction Reports Investments Under Management of Trustees York Risk Services Group, Claims Administrator Umpqua Bank WORKERS' COMPENSATION Account##XXXXX2601 Transaction Activity-Current Month Beginning Balance-1013112017 $ 208,924.38 Deposits/Additions 1118117 $ 38,795.70 11/14/17 $ 25,551.75 11/20/17 $ 107,288.05 ACH and Electronic Payments/Subtractions $ (124,369.11) Withdrawals/Subtractions Disbursements Checks Paid $ (132,291.32) Maintenance Fee 11/21/17 $ (130.69) Ending Balance- 11/30/2017 $ 123,768.76 Source: Umpqua Bank Statement LA11+' Kegular Monthly Ntatement Fage 1 o1- I Local Agency Investment Fund 11.0.Box 942809 www.treasurer.ct►.zov/1►►r►iu luifllaf.►>sn Sacramento,CA 94209-0001 (916)653-3001 December 01,2017 13UrTE COUNTY CHIEF DEPUTY TREASURER I'MIA Average Monthly Yields 25 COUNTY CEN773R DRIVE ORDVILI.E.,CA 95965-3384 Account Number: Thin Type Definitions November 2017 Statement Effective Transaction"gran Confirm Date Date Type Number Authorized Caller Amount 11/8/2017 11/8/2017 RW 1554046 COLETIT WORSHAM -4,500,000.00 11/16/2017 11/16/2017 RD 1554538 COLITrEWORSHAM 5,000,000.00 11/22/2017 11/22/2017 RW 1554954 COI.IE-FTE WORSHAM -4,500,000.00 11127/2017 11/27/2017 RD 1555028 LISA LAM 8,000,000.00 Account Summary Total Deposit: 13,000,000.00 Beginning Balance: 6,035,880.01 "Total Withdrawal: -9,000,000.00 Eroding Balance: 10,035,880.01 https:HlaifMS.treaSul•el•.ca.gov/RegularStatemetit.aspx 12/1/2017 LAIF Regular Monthly Statement gage 1 of 1 Local Agency Investment Fund 11.0.Box 942809 iisP Sacramento,CA 94209-0001 www.trcasurer.ca.Tov/December if/l,201 (916)653-3001 December 01,2017 BU'1-I'E COMMUNITY COLLEGE DISTRICT 13IJ']"fG COUN'I'Y'I'RI:iAS1lRlilt 11MIA Average Monthl Yields 25 COUN'T'Y CENTER DRIVE,SUNT 125 OROV11.1.E,CA 95965-3384 AccountNumher: Tran T p1)olinitions November 2017 Slatement Effective Transaction Tran Confirm Date Date 'Type Number Authorized Caller Amount 11/8/2017 11/8/2017 RW 1554048 COI.HTTE WORSHAM -5,000,000.00 11/16/2017 11/16/2017 RD 1554533 COL.ET'I'E WORSHAM 3,000,000.00 11/29/2017 11/29/2017 RD 1555188 COLL:'1'TE WORSHAM 5,000,000.00 Account Summary Total Deposit: 8,000,000.00 Beginning Balance: 48,734,745.12 Total Withdrawal: •5,000,000.00 lindingBalance: 51,734,745.12 https:Hlaifms.treasurer.ca.gov/Regulai-Statement.aspx 12/1/2017 LAIF Regular Monthly Statement gage 1 of 1 Local Agency Investment Fund P.O.Bos 942809 wtiv�v.treasurer.ca.goyltlmia-laifllaif.asn Sacramento,CA 94209-0001 (916)653-3001 December 01,2017 I'ARADISE UNIFIFI)SCH001,DISTRICT BUTTE COUNTY'1'RF,ASURER I'M1A Average II&IIII11y VicIds 25 COUNTY CENTER DRIVE"-,SUITE 125 OROVIL.LIi„CA 95965 .Nuot Number: '1'rau'Iy 3c 11c3_ ,fp� November 2017 Statement [affective TransactionTrau Confirm Date Date 'Type Number Authorized Caller Amount 11/2/2017 11/2/2017 RW 1553712 COL.ETTE WORSHAM -2,500,000.00 11/9/2017 1119/2017 RW 1554154 COLETTE WORSHAM -2,000,000.00 11/30/2017 11/30/2017 RE) 1555328 COLETTE'WORSEIAM 6,000,000.00 Account Summary Total Deposit: 6,000,000.00 Beginning Balance: 8,237,706.85 Total Withdrawal: •4,500,000 00 landing Balance: 9,737,706.85 https://Iaifms.treasurer.ca.gov/1tegulat-Statement.aspx 12/1/2017 LAIF Regular Monthly Statement cage t ot• 1 Local Agency Investment Fund P.U.Box 942509 Sacramento,CA 94209-0001 www.[reasurer.ca.=uv! cembeiYll,201) (916)653-3003 December O1,2017 OROVILL.Ii UNION I IIGI I SC11001,I)[S'I'R[CT >}U'E"I'E:COUN'I'Y'I'RLiA$fJRi31t I'MIA Average Mundtly Yie_I_d 25 COUNTY CENTER DRIVE,SUITE 125 OROVILLL"•,CA 95965-3384 Account Number: Tran'[ype_llctiuilious Novernber 2017 Statement Account Summary Total Deposit: 0.00 Beginning Balance: 5,129,706.77 Total Withdrawal: 0.00 landing Balance: 5,129,706.77 https://laiftns.treaSLirer'.ca.gov/RegularStatement.aspx 12/1/2017 LAlF Regular Monthly Statement nage i of I Local Agency]Investment Fund P.O.[lox 942809 www.treiisurer.ca.2ov/umia-Iniflinif-asj2 Sacramento,CA 94209-0001 (916)653-3001 December O1,2017 CHICO UNIFIED SCHOOL DISTRICT 13U"rTL COUNTY TRE:ASURI R PMIA Avcra a Monthly Yields 25 COUNTY CENTER DRIVE,SUITT- 125 OROVILIAi,CA 95965-3384 Account Number: Trron'r }c l) fmiucons November 2017 Stutement Effective "Transaction Tran Confirm Date Date TYPe Number Authorized Caller Amount 11/6/2017 11/6/2017 RW 1553869 COM-171 W0161 IAM -2,500,000.00 Account Summary Total Deposit: 0.00 Beginning Balance: 50,269,833.16 Total Withdrawal: -2,500,000.00 Ending Balance: 47,769,833.[6 https.-Hlaifms.treasurer.ca.gov/ReguIarStatement.aspx 12/1/2017 LAID Regular Monthly Statement Fage 1 of 1 Local Agency Investment Fund P.O.Box 942809 asp Sacramento,CA 94209-0001 w+y+y.trensurcr.ca. ov/ cembe i#71,201 (916)653-3001 December O1,2017 SUTTL COUNTY OFFICE OF EDUCA'T'ION 13UTFE COUNTY TREASURER YMIA Avera¢e Monthly Yields 25 COUN'T'Y CENTER DRIVE,SUITE 125 Of{OVI[.I,E?,CA 95965-3384 Emuut Number: frun"rYnc Definitions November 2017 Statement Account Summary Total Deposit: 0.00 Beginning Balance: 4,615,730.26 Total Withdrawal: 0.00 Ending Balance: 4,615,730.26 https:Hlaifms.treasurer.ca.gov/RegularStatenient.aspx 12/1/2017 CalTRUST oto Gemini Fund Services LLC PO Box 541150 Investment Account Summary Omaha, NE 68154-9150 11/01/2017 through 11/30/2017 CaiTRUST www.caltrust.org Email: CalTRUSTSupport@thegeminicompanies.com Fax: 402-963-9094 Phone: 833-CALTRUST(225-8787) SUMMARY OF INVESTMENTS Account Total Shares Net Asset Value Value on Average Cost Cumulative Fund Number Owned per Share on Nov 30($) Amount{$) Unrealized Nov 30 $ Gai!A Loss $ COUNTY OF BUTTE - CaITRUST Short Term Fund 460.404 10.01 4,608.64 4,613.13 (4.49) Portfolios Total value as of 11130/2017 4,608.64 DETAIL OF TRANSACTION ACTIVITY Activity Activity Amount Amount Balance Price per Average Realized Description Date ($) in Shares in Shares Share($) Balance($) Cost Amt($) Gain1(Loss)(S) CaITRU5T Short Term Fund; GOUNTY OF,BUTTE.: Account N,urnher 20100001510 Beginning Balance 1110112017 459.921 10.02 4,608.41 Accrual Income Div Reinvestment 11130/2017 4.83 0.483 460.404 10.01 4,608.64 0.00 0,00 Closing Balance as of Nov 30 460.404 10.01 4.608.64 Please note that this information should not be construed as tax advice and it is recommended that you consult with a tax professional regarding your account. 0000014-0000015 PDFr 665942 Page 1 of 1 P% r+ O C=i 0) ;z illLM L M M i. d! M to ri Z u u M M ¢ C NLri LIAI ■ W cp Lim Ln It O %'*i%« L M Ln O Ln M Ln ma I III I I III I I II III II r�;yrg p c O O CD S< a d O a° O a C c� F°- O st un o 0 0 In H M o 0 0 o Iry o � � 000 Ln Ln Lo ,Lfi-I rl 14 M Ln Ln M Er s .f a 6j M d -0 2 of m in 5 O y W � a fi w 06 w c a O a i �' d CID ;'m's, 0 o c u U c`� f� m In M N M N w N O uy Ln a i M MM LO N Lri M M M C1 O � Z a of c Lu m o Q p � Ln a� o Ln E M M ' a � � � Lr� L6 L d! O O V � i a M S U O v m z R CCcO to D ca CD 0$ a. C l6 y to O z d N Co 1!} N v fn LIS L ri C Ln 0 C? pl Ln :tir5s; p 7 Ln .--I i In IVjI > " O y z M In A N Ln M O O rel r-� 1 N V 41 C k E fp ✓:"qKyf� v N V! IC4 c 7 lC0 C O m m Co m m o � �o a IN m a M os 4a c G al ' Q C E Y C IA 9 41 SLJL :CO-' 0 U 0 CL V C LL F IV E STAR BAN K county of Butte Date 11/30/17 P 1 25 county Center Drive, Suite 125 Account Number oroville CA 95965-3384 Enclosures Our privacy policy has not changed, but you may review our policy and practices at www.fivestarbank.com/privacy-policy or call 1-800-416-6117 to request a free copy by mail. Public Eunds MMA Number of Enclosures 0 Account Number Statement Dates 11/01/17 thru 11/30/17 Previous Balance 5,027116 7.18 Days in the statement period 30 Deposits/Credits .00 Average Ledger 5,027,617 Checks/Debits .00 Average collected 5,027,617 Electronic DR .00 service charge .00 Interest Earned 4,698.88 Interest Paid 4698.88 Annual Percentage Yield Earned 1.14% EndingBalance 5,032:316.06 2017 Interest Paid 30 793.44 c • a � d v m � ;�i1r� - 11/30 INTEREST PAID 30 DAYS 4,698.88 11101 5,027,617.18 t� 11 30 5,032,316.06 T tl A 10/31 11/07 1.14% d N O LO LO O O cq O N C0 N C] LO O f-- N COO CO Nu'1 CD , CD cc Nq r„ zO p CL Lf!I rn - r 0 N O V — 0) CO N a o a a� �— 0 z N y cn O Z N V X N Lu Qz Nm NOm LU C7 c - p CO V C) w- p �N (5! U mf� ko — O F1. LL C] a uiI' N v O o N ONO W n .7 ct�C6 C4 C5 05 N¢ O .w v a (D o � a V1 O CL O 7j a L inUE ii3ocru cU)< CDoo0o0 vo000o fq E 00000 L R0 0 0 O O .-+ LL O O C 7 0 0 0 0 0 rX000300 = C g Q O O O O LO CD CV U) 0 (b U.) 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