HomeMy WebLinkAboutTreasurer's Invesment Report for the month of June, 2014, the fair value of the portfolio & Transaction ReportingSweeney, Kathleen
From:
Akins, Susan
Sent:
Thursday, July 24, 2014 4:08 PM
To:
Liu, Annie; Christy Patterson, Butte County Schools JPA; Worsham, Colette; Houser, David;
Iturria, Greg; Heather Naylor, Gridley Unified School District; Cook, Holly; Honea, Kory;
Sweeney, Kathleen; Mathes, Kathryn; Kevin Bultema, Chico Unified School District; Lisa
Anderson, TOC Member (BCOE rep); Mark Milburn, TOC Member; Jessee, Meegan; Mia
Osborne -Ng, Executive Assistant to the Butte County Superintendent of Schools; Ramsey,
Mike; Moak, Peggy; Bennett, Robin; Wright, Ruth; Taber, Stephanie; Hubbard, Sheryl;
Connelly, Bill; Kirk, Maureen; Lambert, Steve; Teeter, Doug; Wahl, Larry; Akins, Susan;
Peterson, Susan; Susan Watts, TOC Member (OUHSD rep); Borzage, Susie; Tad Alexander,
Asst Superintendent of Admin Svcs, BCOE; Tim Taylor, Butte County Superintendent of
Schools; Blenn, Tina; Limper, Thomas; Trevor Stewart, Butte -Glenn Community College;
Bangor Cemetary District - Theresa Phillips, Trustee; BCMAD; BCOE, Adrian Barron; BCOE,
Patty Libby; BCOE, Stephanie Wisterman; BCOE, Triny Perales; Butte Co Resource
Conservation; Butte Co Resource Conservation; Butte County Resource Conservation District;
Butte Creek Drainage, Drainage District #2; Buzztail CSD; CARD; Cheryl Smith, District
Manager, Oroville Cemetary District; Christie Rogers (1) as Office Mgr/Bookkeeper, Butte
Creek Drainage District; Christie Rogers (2) as Secretary/Treasurer, Western Canal Water
District; Christy Patterson, Executive Director, Butte Schools Self -Funded Programs; Quigley,
Cindy; Drainage District #1; Drainage District #100; Drainage District #200; Durham Mosquito;
Durham Mosquito; Durham Recreation & Park; Durham Recreation & Park; Dwayne Long,
Lake Oroville Area Public Utility District; EI Medio Fire; EI Medio Fire; Gridley -Biggs Cemetery;
Broderson, Jill; Kimshew Cemetery; Oroville Mosquido; Oroville Mosquito; Paradise
Cemetery; Pine Creek Cemetery; Richardson Springs Comm Svcs District; Richvale
Recreation; Richvale Sanitary; Rock Creek Reclamation; Sacramento River Reclamation;
Sacramento River Reclamation; Wheeler, April; Upham Cemetery
Subject:
For Your Information: Monthly Investment & Fiscal Year End Reporting - June 30, 2014
Attachments:
June 30, 2014 Treasurer's Investment Report including FYE FMV Report.pdf; June 30, 2014
Transaction Reporting to the BOS.pdf
Greetings, everyone:
The Treasurer's Investment Report for the month ending June 30, 2014 is attached, for your reference. And since we
have reached fiscal year end, the fair value of the portfolio is disclosed on the cover letter of the report.
Additionally, the information provided in the attached "June 30, 2014 Transaction Reporting to the BOS" consists of
spreadsheets detailing transaction activity on accounts managed by Trustees or fiscal agents, and copies of monthly
statements from the Local Agency Investment Fund (LAIF), Rabobank, CalTrust and US Bank. At this time, we do not
believe checking account activity for operating cash is required to be detailed and reported.
If you have any questions or concerns, please feel free to contact me.
Thanks, and — have a nice evening!
Susie
Susan Akins
Administrative Analyst
Butte County Treasurer -Tax Collector
25 County Center Drive, Suite 125
Oroville, CA. 95965
(530) 538-2196
-<, (530) 538-7648
sakins(a)buttecoumy. net
CONFIDENTIALITY NO - CiaUNTY OF BUTTE E-MAIL DISCLAIMER: This e-mail and any attachments thereto
may contain priva>,,15onficlen4af, and privileged material for the sole use of the intended recipient. Any review,
reproduction, or distribution of this e-mail (or any attachments thereto) by other than the County of Butte or the intended
recipient is strictly prohibited. If you are not the intended recipient, please contact the sender immediately and
permanently delete the original and any copies of this e-mail and any attachments thereto.
July 24, 2014
(Butte County
LAND OF NATURAL WEALTH AND BEAUTY
PEGGY MOAK
TREASURER - TAX COLLECTOR
COUNTY ADMINISTRATIVE BUILDING
25 COUNTY CENTER DRIVE, SUITE 125
OROVILLE, CALIFORNIA 95965-3384
TELEPHONE: (530) 538-7701
FAX: (530) 538-7648
Butte County Board of Supervisors
Butte County Chief Administrative Officer
Treasury Oversight Committee
The attached investment report for June 30, 2014 is submitted in accordance with the Butte County
Statement of Investment Policy dated July 1, 2013. 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 benchmark for portfolio performance. A look
at the 5 year moving average for the Butte County Treasury yields vs. LAIF 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
12/13 and FY 13/14 performance compared to LAIF shows margins of 1.541% and 1.384%,
respectively. Using $350,000,000 as a baseline portfolio (actively invested balance), this translates
to enhanced earnings averaging $4,844,000 per year for the past five years.
Investments are marked to market monthly based on a current market price determined by U.S.
Bancorp Investments. The fair value of the pooled Treasury portfolio is 99.95% of the cost -
carried balance as of 6-30-14.
Quarterly Investment Reports are made available on the Treasurer -Tax Collector website at
http://www.buttecountV.neVttc.
Respectfully,
jL
Peggy Moak
Butte County Treasurer -Tax Collector
cc: Butte County Auditor -Controller Butte -Glenn Community College
Butte County Board of Supervisors Chico Unified and Gridley Unified School Districts
Butte County District Attorney Iturria, Greg — Butte County Chief Financial Officer
Butte County Schools -JPA Limper, Tom — Butte County Deputy Chief Financial Officer
Butte County Sheriff Jessee, Meegan — Butte County Deputy Chief Financial Officer
Butte County Superintendent of Schools Mathes, Kathryn — Butte County Manager, Gov't. Accounting
Butte County Special Districts (Quarterly) Liu, Annie — Butte County Internal Auditor
BUTTE COUNTY TREASURER'S INVESTMENT REPORT
Butte County Pooled Treasury
Fair Value as of 6130114*
Investment
Cost Carried (CC)
Fair Value (FV)
Percentage (FV/CC)
LAIF
$
76,235,525.92
$
76,258,301.28
100.0298750%
CalTrust
$
4,498.43
$
4,504.50
100.1349360%
Rabobank
$
2,849,232.48
$
2,849,232.48
100.0000000%
Bank CDs
$
10,500,000.00
$
10,500,000.00
100.0000000%
Negotiable CDs
$
3,000,000.00
$
3,005,217.81
100.1739270%
Municipal Bonds
$
3,014,125.50
$
3,002,560.00
99.6162900%
Corporate Notes
$
15,119,261.01
$
15,111,307.75
99.9473965%
Federal Agency Notes
$
257,185,237.37
$
256,977,978.11
99.9194125%
Treasury Notes
$
5,000,891.65
$
5,006,250.00
100.1071479%
School Bonds
LAIF
$
15,637,591.21
$
15,642,262.94
100.0298750%
Investments under Mgmt of Trustees
LAIF
$
1,627.60
$
1,628.09
100.0298750%
Federal Agency Notes
$
1,200,000.00
$
1,193,736.00
99.4780000%
Money Market Funds
$
2,048,891.36
$
2,048,891.36
100.0000000%
Umpqua Bank-Workers'Comp Admin
$
132,814.42
$
132,814.42
100.0000000%
Cash on Hand
US Bank Checking Accounts
$
10,752,763.34
$
10,752,763.34
100.0000000%
Operating Cash
$
97,351.99
$
97,351.99
100.0000000%
TOTAL
$
402,779,812.28
$
402,584,800.07
99.9515834%
99.95%
" The fair value of the pooled Treasury portfolio, including cash on hand, is 99.95% of the cost -carried balance as of 6-30-14
(Please refer to attached "Treasurer's Investment Report - Introduction" for additional information)
Butte County
LAND OF NATURAL WEALTH AND BEAUTY
PEGGY MOAK
TREASURER - TAX COLLECTOR
COUNTY ADMINISTRATIVE BUILDING
25 COUNTY CENTER DRIVE, SUITE 125
OROVILLE, CALIFORNIA 95965-3384
TELEPHONE: (530) 538-7701
FAX: (530) 538-7648
Treasurer's Investment Report - Introduction
The Butte County Treasurer's office manages investments on behalf of the County, various
Trust and Agency Funds, School Districts and Special Districts within the County. "Pooling"
deposits from local agencies and other participants is in the public interest because banking
and investment activities are consolidated, thereby reducing duplication, achieving economies
of scale and carrying out coherent investment strategies. Butte County's portfolio management
is an active management strategy in that a broad range of market analysis techniques,
investment options, and cash management tools are employed in making investment decisions.
The medium term, laddered maturity portfolio allows participants to benefit from higher earnings
than might otherwise be possible. The objective of this strategy is to obtain the highest return
feasible, consistent with a high degree of safety of principal and the level of liquidity necessary
to meet the needs of the County and agencies participating in the Treasury. Earnings on the
pooled investments are paid quarterly, on a pro -rata basis and less Treasury costs, to pool
participants.
The Treasurer's Investment Report is designed to provide specific and general investment
information to pool participants and to interested members of the public. The cover letter
indicates our compliance with the Butte County Treasurer's Statement of Investment Policy,
identifies U.S. Bank as the source of the market value of investments held in the investment
pool, and states our ability to meet estimated liquidity needs for the next six months.
The cover letter also compares the portfolio yield and that of the State Treasurer on a five-year
rolling average basis, which serves to effectively demonstrate the bottom line in terms of
enhanced earnings to pool participants. The Butte County Pooled Treasury Portfolio's medium
term, laddered investment strategy outperformed the State of California's Local Agency
Investment Fund (LAIF) in Fiscal Year (FY) 12/13 by a margin of .893% and by .688% in FY
13/14.* Market conditions (lowering interest rates) allowed the portfolio to significantly
outperform LAIF over the past five years. In a rising market, the portfolio's yield will more
closely approximate that of LAIF and may drop below LAIF's yield, from time to time. A look at
the 5 year moving average for the Butte County Treasury yields vs. LAIF 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 11/12 and FY 12/13 performance compared to LAIF shows margins of 1.541% and 1.384%,
respectively.* Looking at a ten year average, the portfolio exceeded LAIF's yields by a healthy
.934%.
Page 1 of the Investment Report shows the portfolio balance (separately identifying the actively
managed portfolio), the average number of days to maturity and the yield to maturity for the
investments held by the pool. The balances invested are shown in three different ways: Par
Value (the value at maturity of the instrument), Fair Value (the value if sold on the date of the
report) and Cost Carried (the amount paid for the investment, amortized to reach Par Value by
maturity). The difference between the fair value of the investments and the cost carried is
considered to be "unrealized" gain or loss. A gain or loss is only realized if a security is sold
prior to maturity (T-Bills, Corporate Notes, Agency Note, Negotiable CDs and Commercial
Paper are redeemed at a pre-established Par Value at maturity). It is important to note that the
Butte County Pooled Treasury typically uses a "buy and hold" investment strategy; however, we
occasionally sell securities when it is advantageous to the pool's earnings to do so. Cash flow
and liquidity needs are carefully analyzed prior to making investments to ensure liquidity needs
are met. The bottom portion of page 1 indicates the ability of the pool to meet projected cash
flow requirements for the next six months. Please note, however, that the projected and actual
results will vary, sometimes materially, because events and circumstances do not always occur
as predicted.
School Bond Proceeds and, if appropriate, Tax and Revenue Anticipation Notes (TRAN)
proceeds are separately accounted for in the report, and are invested in the State Treasurer's
Local Agency Investment Fund (LAIF) or other securities as deemed appropriate. Note that the
annual portfolio yields quoted (the yield method used is "weighted yield to maturity") exclude
separately invested Bond and TRAN proceeds, as well as investments managed by Trustees,
as they are not part of the actively managed portfolio. Investments of School Bond Proceeds
are detailed on page 2 of the report, and investments managed by outside Trustees as part of
financing agreements are detailed on page 3.
Page 4 of the Report contains chart information that is very helpful in providing a quick overview
of the diversification of the portfolio by type of instrument and maturity ranges. Included is a
chart showing the Treasury Portfolio balance fluctuations from 2004 through the current month
(Investments Managed by Trustees, TRAN and Bond proceeds are not included in the charted
information). An analysis of this chart clearly demonstrates that the Treasury maintains a stable
average balance of approximately $350,000,000, which supports the philosophy of medium
term investment of funds not anticipated to be drawn upon to meet ongoing liquidity needs.
Page 5 provides a listing of specific investment instruments (listed in order of maturity date),
credit ratings, purchase and maturity dates, balances invested and yields obtained.
The Treasury Oversight Committee and the Board of Supervisors receive the Treasurer's
Investment Report on a quarterly basis. The Treasury Oversight Committee was established in
April of 2000 in accordance with California Government Codes 27131 through 27137 and
serves to ensure that representatives of pool participants are involved in the oversight of the
Butte County Treasury pooled investment portfolio.
Questions regarding the Investment Report may be directed to Peggy Moak, Treasurer-Tax
Collector (Treasury), at 530-538-7443, or pmoakCLDbuttecounty.net.
The margins quoted represent the difference between the annual yields of the Butte
County Pooled Treasury Investment Portfolio and the Local Agency Investment Fund.
o �u,rrg4o
a'2:::44.e. b
�UNty BUTTE COUNTY TREASURER'S INVESTMENT REPORT
June 30,2014
YIELD TO WEIGHTED AVERAGE
ACTIVELY MANAGED PORTFOLIO: MATURITY MATURITY (DAYS)` PAR VALUE FAIR VALUE COST CARRIED
LOCAL AGENCY INVESTMENT FUND (LAIF)
CALTRUST SHORT TERM
BANK MONEY MARKET (COLLATERALIZED)
U.S. TREASURY NOTES
MUNICIPAL BONDS
CORPORATE NOTES"
NEGOTIABLE CDS"
CERTIFICATES OF DEPOSIT ICOLLATERALIZED(
FEDERAL AGENCY NOTES"
TOTAL ACTIVELY MANAGED PORTFOLIO:
0,228%
1
76,235,525.92
76,258,301.28
76,235,525.92
0,400%
1
4,504.50
4,504.50
4,498.43
0.250%
1
2,849,232.48
2,849,232.48
2,849,232.48
1.632%
1,767
5,000,000.00
5,006,250.00
5,000,891.65
0.657%
701
31000,000.00
3,002,560.00
3,014,125.50
0.829%
394
14,750,000.00
15,111,307.75
15,119,261.01
1.477%
569
3,000,000.00
3,005,217.81
31000,000.00
0.810%
262
10,500,000.00
10,500,000.00
10,500,000.00
1.237%
1,252
256,795,000.00
256,977,978.11
257,185,237.37
0.997% 921 372,134,262.90 372,715,351.94 372,908,772.36
INVESTMENT OF NOTEIBOND PROCEEDS AND OPERATING CASH
SCHOOL BOND PROCEEDS (see page 2 for details)
OPERATING ACCOUNTS
U.S. BANK CHECKING ACCOUNT DEPOSITS
OPERATING CASH
OTHER
TOTAL TREASURERS FUND LEDGER BALANCE:
INVESTMENTS UNDER MANAGEMENT OF TRUSTEES (see page 3 for details)
TOTAL CASH AND INVESTMENTS:
Estimated Cash Receipts for Next Six Months
Estimated Disbursements for Next Six Months
Estimated Net Cash Flow for Next Six Months^'
Prudent Reserve
Securities Maturing
Local Agency Investment Fund I Cal Trustl MMF
Total Liquidity for Next Six Months
Estimated Cash Available for Long Term Investment
Remaining Available Liquidity
15,637,591.21 15,642,262.94 15,637,591.21
10,752,763.34 10,752,763.34 10,752,763.34
97,351.99 97,351.99 97,351.99
0.00 0.00 0.00
398,621,969.44 399,207,730.21 399,396,478.90
3,383,333.38
PAR VALUE
3,377,069.87 3,383,333.38
FAIR VALUE COST CARRIED
402,005,302.82 402,584,800.07 402,779,812.28
SIX MONTH LIQUIDITY PROJECTIONS
Total Par Value of actively managed Investments maturing in less than 12 months:
Total Par Value of actively managed investments maturing in more than 12 months:
495,168,809
.438,216,271
56,952,538 Al)
.30,000,000 (A2)
15,000,000 (B)
79,089,257 (C)
121,041,795 (A1+A2+B+C)
-30,000,000
91,041,795
102,839,263
269,295,000
Actual Weighted Average Maturity will be shorter, and stoat dollar amount of investments maturing in less than 12 months will be higher than stated, due to call features on investments.
' Seepage 5 for detailed list of investments. -
^' Includes TRAN(Tax and Revenue Anticipation Notes)receipts and disbursements, it applicable,
06/30/2014
BUTTE COUNTY TREASURER'S INVESTMENT REPORT
INVESTMENT OF SCHOOL BOND PROCEEDS
June 30, 2014
INVESTMENT MATURITY ANNUAL PAR FAIR COST
BOND/NOTE DESCRIPTION TYPE DATE DESCRIPTION YIELD' VALUE VALUE CARRIED
BONDS - LOCAL AGENCY INVESTMENT FUND (LAIF)
Chico Unified Measure E Series A LAIF
Gridley Unified School District GO 2012 LAIF
SUBTOTAL
0.228% 13,947,066.63 13,951,233.32 13,947,066.63
0.228% 1,690,524.58 1,691,029.62 1,690,524.58
15,637,591.21 15,642,262.94 15,637,591.21
PAR FAIR COST
VALUE VALUE CARRIED
GRAND TOTAL 15,637,591.21 15,642,262.94 15,637,591.21
- Yields quoted above are a snapshot per investment type. Actual yields earned on school bonds are calculated by the Treamwe office and are a composite or investment earnings less Treasury costs.
2 06/30/2014
BUTTE COUNTY TREASURER'S INVESTMENT REPORT
INVESTMENTS UNDER MANAGEMENT OF TRUSTEES
June 30, 2014
INVESTMENT MATURITY ANNUAL PAR FAIR COST
LOAN PROGRAM TYPE DATE DESCRIPTION YIELD VALUE VALUE CARRIED
2003 REFUNDING COP
WELLS FARGO BANK, TRUSTEE
U.S. BANK, TRUSTEE
Certificate Reserve Fund #XXXX0800
Money Market
Gov MMF Service Fund 9743
First American Prime Obligations
8,500.44
8,500.44
8,500.44
Expense Fund #XXXX6106
Money Market
Fund Cl D CUSIP 31846WO8
0.020%
6,516.74
6,516.74
6,516.74
Money Market
Gov MMF Service Fund #743
First American Prime Obligations
1,041,549.68
1,041,549.68
1,041,549 68
Expense Fund #XXXX0802
Reserve Fund #XXXX6101
Money Market
Fund Cl D CUSIP 31846WO8
0.020%
55,098.25
55 098.25
55,098.25
First Amencan Prime Obligations
2,255,781.44
2,249,517.44
2,255,781.44
SUBTOTAL
Lease Payment #XXXX6I DD
Money Market
Fund Cl D CUSIP 31846WO8
0.020%
422,055.00
422,055.00
422,055.00
SUBTOTAL
PAR
483,669.99
483,669.99
483,669.99
2004 PENSION OBLIGATION BONDS
VALUE
VALUE
CARRIED
GRAND TOTAL
WELLS FARGO BANK, TRUSTEE
3,383,333.38
3,377,069.87
3,383,333.38
Series A Bond Fund #XXXX1106
Money Market
HERITAGE MM #3106
0.010%
104.65
104.65
104.65
Int. Rate Stabilization Fund #XXXXi 109
Money Markel
HERITAGE MM #3106
0.010%
1,004.86
1,004.86
1,004.86
Pooled Agency Funds
Local Agency Investment Fund
0.228%
1,627.60
1,628.09
1,627.60
San.. BInterest Fd#XXXX1301
Money Market
HERITAGE MM#3106
0.010%
508,330.42
508,330.42
508,330.42
SUBTOTAL
511,067.53
511,068.02
511,067.53
2004 WORKERS' COMPENSATION
York Risk Services Group
- Claim Administrators
Umpqua Bank #XXXXX2601 Commercial Bank Business Checking NA 132,814.42 132,814.42 132,814.42
SUBTOTAL 132,814.42 132,814.42 132,814.42
2006 COP - NEAL ROAD RECYCLING 8 WASTE FACILITY
WELLS FARGO BANK, TRUSTEE
Certificate Reserve Fund #XXXX0800
Money Market
Gov MMF Service Fund 9743
0.010%
8,500.44
8,500.44
8,500.44
US Treas/Agency 8/0912017
FHLMC#3134G3ZR4
1.000%
1,200,000.00
1,193,736.00
1,200,000.00
Base Rental Payment Fund #XXXXO801
Money Market
Gov MMF Service Fund #743
0.010%
1,041,549.68
1,041,549.68
1,041,549 68
Expense Fund #XXXX0802
Money Market
Gov MMF Service Fund #743
0.010%
5,731.32
6,731.32
5,731.32
2,255,781.44
2,249,517.44
2,255,781.44
SUBTOTAL
PAR
FAIR
COST
VALUE
VALUE
CARRIED
GRAND TOTAL
3,383,333.38
3,377,069.87
3,383,333.38
06/30/2014
BUTTE COUNTY TREASURER'S INVESTMENT REPORT
ACTIVELY MANAGED PORTFOLIO "AT -A -GLANCE"
June 30, 2014
INVESTMENTS BY TYPE*
0.228%
$
Federal Home Loan Bank
FHLB
$
80,130,000
Fed Home Loan Mortgage Corp
FHLMC
$
37,350,000
Fed National Mortgage Assn
FNMA
$
40,900,000
Federal Farm Credit Bank
FFCB
$
46,500,000
Local Agency investment Fund /CalTrust/Mum
LAI F/CT/MMF $
79,089,263
US Treasury Notes
UST
$
5,000,000
Tennessee Valley Authority
TVA
$
10,000,000
Fed Ag Mortgage Corp
FAMCA
$
41,915,000
Certificates of Deposit(Collateralized/Negotiab CDS
$
13,500,000
Corporate Notes and Municipal Bonds
OTHER
$
17,750,000
TOTAL PAR VALUE
$372,134,263
TVA
UST
LAIF/Cl
/M
FFCB
FHLMC
Butte County Pooled
Net of Tax an'Revenue Ai
$325;000,000.'.
$300,000,000
$225,000,000.`
INVESTMENTS BY MATURITY & YIELD*
LAIF / CALTRUST / MMF (1 day)
0.228%
$
79,089,263
01-12 months
1.227%
$
23,750,000
13-36 months
1.094%
$
68,030,000
37-60 months
1.346%
$
201,265,000
TOTAL PAR VALUE
$
372,134,263
Investments managed by Trustees & School Bond Proceeds not included.
Final maturity dates are used; probable call dates are not considered.
JAN FEB MAR APR MAY JUN JUL AUU SEP d. -:OCT
This chart does not include deposits from TRAIN, Bond Proceeds, or Investments under Management of Trustees.
It is intended to demonstrate cash flow trends and establish a baseline for the portfolio, enabling medium term investments.
Y IAIF / CALTRUST /
MMF (1 day)
0 01-12 months
N 13-36 months
0 37-60 months
3030
3009
�2008
4 06/30/2014
BUTTE COUNTY TREASURER'S INVESTMENT REPORT
MANAGED PORTFOLIO - DETAILS OF SECURITIES HELD
June 30, 2014
1.219 282,545,000.00 283,103,313.67 283,233,814.35
Source: US Bank Safekeeping
Values may differ from Treasurers Cost carded due to accreion method variation.
Notes. Federal Agricultural Mortgage CoMmaOon sedurdes are issued by LLB. Government agency and are not rated.
Negotiable ODs are not rated, but are FDIC insured.
5 06/30/2014
Credit Rating
Purchase
Maturity
Yield to
SLY
Deigf181Il
8&P+
Moodv'z
Fick
jSUB
11,B,
Mgdurts 1-111
Pon Veto,
fa Velua
Coat Cartled'
W582DCK2
AM ERICAN EXPR CENTURION
NR
NR
NR
0/35/]011
8/25/2014
1.150
250,00000
250,531b3
250,000.00
38142604
GOLDMAN SACHS BANK USA
NR
NR
NR
8/24/2011
8/25/2014
1.150
250,00000
250,519.23
25040000
13034ABO
CALIF INFRASTRUCTURE&ECON DEV
AAA
Aaa
AA+
8/13/2012
10/1/2014
0.410
1,000,000.00
1,000,400.00
1,000,581.25
OZW4MW82
ALLY BANK UT CO
NR
NR
NR
10/15/2010
10/15/2014
1.250
250,000.00
251404]0
250,000.00
C55681Y24
BMW BE OF NA
NR
NR
NR
10/22/2010
10/22/2014
1.550
250,00000
251,311.15
250,000.00
3131SPES4
FARMER MAC
NR
NR
NR
12/31/2009
12/30/2014
ST.
5,000,000.00
5,062,25000
4,993,59528
323128DH7
GEORGIA BANK &TRUST
NR
NR
NN
1/25/2012
1/26/2015
1.000
25400000
251,450.60
250,000.00
313326ZQ1
FEDERAL HOME LOAN BANK
PA+
AAA
NR
3/16/2012
3/13/2015
0.659
5,000,00000
5,008,260.00
4,990,17153
64952WAW3
NEW YORK LIFE GLOBAL FDG
M+
Aaa
AAA
3/8/2013
5/4/2015
0500
1,500,000.00
1,529,30400
1,531,34644
36962fSF7
GENERAL ELEC CAP CORP
AA,
Al
AAA
12/3/2012
6/30/2015
1.000
540400000
5,098,200.00
5,062,501,29
31315PD29
FARMER MAC
NR
NR
OR
6/13/2012
2/22/2015
0.616
2,00000000
2,045,980.00
2,036,812.98
64952WBH5
NEW YORK LIFE GLOBAL FDG
AH+
Ads
OR
3/8/2013
2/24/2015
0.500
3,250,000.00
3,254,793.75
3,258,579.47
31337ONE4
FEDERAL HOME LOAN BANK
AS.
Asia
NN
8/20/2010
8/20/2015
1609
5'00000.00
5,080,13500
5,001,12475
254620887
DISCOVER BANK
NR
NR
NR
8/24/2011
0/24/2015
1.500
250,00000
250,000.00
250,00000
3691
GENERAL ELEC CORP
AA+
Al
NR
9/4/2013
9/21/ID15
0.970
5,000,000.00
5,228,930.00
5,205,522.39
3135GOM4
FANNIE MAE
AA+
Aad
AAA
11/6/2012
11/6/2015
0462
101000100000
10,009,43000
10,00130208
06740KFG2
BARCLAYS BANK DELAWARE
NR
NR
OR
12/21/2011
12/21/2015
1.600
250,00000
250,000.00
250,00000
31315PWQ8
FARMER MAC
NR
NR
NN
51
1/19/2016
0625
1,400,000.00
1.401
1,400,00000
36160XUB1
GE CAPITAL FINANCIAL INC CD
NR
NR
NR
8/19/2011
0/19/2016
1.850
250,00000
250,000.00
250,000.00
17C.AXX1
CIT BANK
NR
NR
NR
Si
9/0/2016
1.800
250,00000
254000.00
250,00000
3134G4FK9
FEDERAL HOME LOAN MT6 CORP
AA+
AAA
AAA
9/19/2013
9/19/2016
1,000
6,500,000.00
6,511,089.00
6,500000.M
36157PW5
GE CAPITAL RETAIL BANK
NR
NR
OR
10/11/2013
10/11/2016
1.200
250,00000
250,000.00
250,00000
3n,FGSDR6
FEDERAL HOME LOAN MTS CORP
AA+
Aaa
AAA
7/25/2013
10/25/2016
1000
5,004000.00
5,003,100.00
5,000,00000
313371PV2
FEDERAL FOM E LOAN BANK
AA.
Aaa
OR
12/9/2011
12/9/2016
1,260
3,130,000.00
3,197.15102
31
800591058
TENNESSEE VALLEY AUTHORITY
AA+
AAA
NR
1/22/2012
12/15/20160.970
5'00000.005,491,280,00
5,40,117.07
3111711
FEDERAL TOM E LOAN BANK
AA+
Aaa
NR
12/28/2011
12/28/2016
1.190
5,000,00000
5,064,915.00
5,003,61292
31315PYW
FARM ER MAC
NR
OR
NR
1/30/2012
1/6/2012
1.150
3,000,000.00
3,030.585.00
3,016,802.12
3137EADCO
FREDDIE MAC
AA+
Aaa
AAA
2/14/2013
3/8/2017
0.753
5'.,000.00
5,016,11500
Si
57592PM90
MASSACHUSETTS ST GO LTD TELL
AA+
Aal
NR
4/8/2013
4/1/2012
DREG
2,0.,.0.00
2,002,160.00
2,011,88126
3133EA4H8
FEDERAL FARM CREDIT BANK
AA+
Ads
AAA
10/15/2012
7/11/2012
0.B42
5,000,000.00
4,969,1.00
4,996,80539
3136GOQM6
FEDERAL NATE MORTGAGE ASSN
AA+
AAA
AAA
2/11/2012
7/11/2017
1.100
5'ciffor 0
5,000,720.00
5,004000.00
3133SIB20
FEDERAL HOME LOAN BANK
AA
Asia
NR
12/19/2012
12/8/20ll
0.857
S,O ffoxi o
4,949,990.00
4,902'22.36
3133ECD45
FEDERAL FARM CREDIT BANK
AA+
Asia
AAA
12/26/2012
12/26/2012
0.910
10,000,000,00
9,944,330.00
9,996,513.89
31315PT58
FARMER MAC
NR
NN
NR
1/11/2013
12/27/2017
0,903
4,265,00000
4,246,643.44
4,264,550.30
3137EADN6
FHLMC.75 01/18
AS.
AAA
AAA
1/14/2013
1/12/2018
0.920
5,0offoga 0
4,925,625.00
4,970,734.48
31315PB40
FARMER MAC
MR
NR
NR
2/26/2013
1/24/2018
1.022
30.,.0.00
995,53800
998,18580
3136GIC56
FNMA STEPUP
AA+
Aaa
AAA
1/29/2013
1/29/2018
Dbus,
9,20O.000
9,]88,490.80
9,2dFoi
3131
FEDERAL HOME LOAN MTG CORP
AAL
AAA
AAA
1/30/2013
1/30/2018
1.000
5,0W,00000
41
5,000,000.00
3133026Y4
FEDERAL HOME LOAN BANK
AA+
Asia
NR
2/13/2013
2/13/2018
1.000
10,000,00000
9,901,300.00
10,000,00.00
3135GOUEI
FEDERAL NATL MORTGAGE ASSN
AA+
Ass
AAA
2/14/2013
2/14/2018
1.000
10000,0..00
9,867,220.00
1010"100
4812435Z2
IP MORGAN CHASE BANK NA
NR
Nft
NR
2/20/2013
2/20/2018
1.125
25000000
254000.00
250,001
3133823A9
FEDERAL HOME LOAN BANK
AA+
Ads
NR
2/22/2013
2/22/2018
1.150
5,0ffbard 0
4,962,54000
5,000,000.00
3133ECGC2
FEDERAL FARM CREDIT BANK
Ai
Aaa
AAA
3/13/2013
2/26/2018
1.080
5,000,00000
4,968,295.00
5,000,000.
31315PQM4
FARMER MAC
NR
NR
NR
3/2/2013
3/6/2018
0.940
DC'Ma 0.00
9,964,200.00
9,999,92635
31315PM
FARMER MAC
HE
NR
NR
5/15/2013
3/9/2018
0.926
5,000,000.00
4,925,905.00
4,962,963.04
3134G36D2
FEDERAL HOME LOAN MTG CORP
AA+
Aaa
AAA
3/20/2013
3/20/2018
1.200
850,000.00
848,487.85
850000'0
313382PW7
FEDERAL HOME LOAN BANK
Ai
Asia
NR
4/24/2013
4/24/2018
1..0
5,000,00000
4,935,25000
5,000,00000
3134G4283
FEDERAL HOME LOAN MTG CORP
AA+
AAA
AAA
4/25/2013
4/25/2018
1.100
5,000,000 00
4,913,750.00
5,00400000
3136G1L03
FNMA STEP UP
AA+
Aaa
AAA
11/21/2013
4/30/ID18
1.487
3,200,000.
3,654,660.20
3,662,506.55
3133ECNY6
FEDERAL FARM CREDIT BANK
AA+
Asia
AAA
5/8/2013
5/8/2018
0.986
5,00400000
4,942,980.00
4,993,252.64
3134G45W4
FEDERAL HOME LOAN MTG CORP
AA+
AAA
AAA
5/29/2013
5/29/2018
1.000
5,000,000.00
4,929,020.00
5,000,0000
313329DT3
FHL81.2506/18
PAR
Add
NR
6/13/2013
6/8/2018
1.344
5,000,00SO00
4,983,96000
4,982,238.16
313383QM6
FEDERAL HOME LOAN BANK
CAR
Asia
NN
7/24/2013
2/24/2018
1.91
5,000,00000
5,069,280.00
5,000,00000
313363544
FEDERAL HOME LOAN BANK
Ai
Asia
OR
2/30/2013
7/30/2018
1.850
5,0001 Ad
5,031,860.00
5,00400000
313040529
FEDERAL HOME LOAN BANK
AAF
Aaa
NR
11/21/2013
10/9/2018
1.470
4,000,00000
4,014,404.00
4004,62264
880591EQ1
TENN VALLEY AUTHORITY
PAR
AAA
NR
10/15/2013
10/15/2010
1.670
5,000,000,00
5,038,29000
5,016,340.67
31315PG94
FARMER MAC
OR
NR
NR
11/21/2013
11/14/2010
1.750
1,500,0.00
1,505,69100
1,499,34202
3133EOA51
FEDERAL FARM CREDIT BANK
AA+
Aaa
AAA
11/19/2013
11/19/2010
1.785
5,001
5,025,79500
5,000,429.12
3133EDA51
FEDERAL FARM CREDIT BANK
AA,
Aaa
AAA
11/21/2013
11/19/2018
1.505
5,000,000.00
5,025,295.
5,005,782 12
795450RM9
MLLIE MAE BANDSALTLKE
NR
NR
NR
11/25/2013
11/20/2018
2.050
250,00000
250,000.00
25400000
3130AOBF6
FEDERAL HOME LOAN BANK
AA+
Ads
NR
11/27/2013
11/22/2018
1.775
5,000,00000
5,000,43000
4,998,898,61
313.01
FHL8 STEP-UP
Ai
AAA
NR
1/12/2014
1/17/2019
1,051
3,000,000.00
3,001,140.00
2,997,273.33
3136GSYW
FNMA STEP UP
AA+
AAA
AAA
1/30/2014
1/30/2019
1,650
3000,00000
3,003,84000
3'.0..00
31315Pi
FARMER MAC
NN
NR
NR
3/28/2014
2/28/2019
1.835
4,750,000.00
4,771,945 GO
4,721,55732
3133EDHT2
FEDERAL FARM CREDIT BANK
AA+
Asia
AAA
41
4/1/2019
1,980
5,000,00000
5,038,640.0h
S,000,W0.00
3133EDHT2
FEDERAL FARM CREDIT BANK
AA+
AAA
AAA
4/1/2014
4/1/20H
2001.
615.0..00
6,550,232W
6493825.00
3130A1GU6
FHLB STEP-UP
AA+
Asia
NR
4/17/2014
4/12/2019
1.800
5,000,00000
5,003,540.00
5,000,000.00
912 02 8 02 3
USTREASURY NOTE
OR
Aad
NN
5/12/2014
4/30/2019
1.632
5,000000.00
51006 BY
4,998,290.64
31315Pi
FARMER MAC
NR
NR
OR
5/1/2014
5/1/2019
1920.
4,0.,.0.
4,021,972..
4,000,000.00
313379EES
FEDERAL HOME LOAN BANK
AA.
Aaa
NR
6/16/2014
6/14/2019
1]85
S,O.,.E.
5,002,495.00
4ESS ll.a5
1.219 282,545,000.00 283,103,313.67 283,233,814.35
Source: US Bank Safekeeping
Values may differ from Treasurers Cost carded due to accreion method variation.
Notes. Federal Agricultural Mortgage CoMmaOon sedurdes are issued by LLB. Government agency and are not rated.
Negotiable ODs are not rated, but are FDIC insured.
5 06/30/2014
July 24, 2014
Butte County
LAND OF NATURAL WEALTH AND BEAUTY
PEGGY MOAK
TREASURER - TAX COLLECTOR
COUNTY ADMINISTRATIVE BUILDING
25 COUNTY CENTER DRIVE, SUITE 125
OROVILLE, CALIFORNIA 95965-3384
TELEPHONE: (530) 538-7701
FAX: (530) 538-7648
Butte County Board of Supervisors
Butte County Chief Administrative Officer
The attached statements showing investment transactions for the month ending June 30, 2014
are submitted in accordance with Government Code, and with Local Agency Investment
Guidelines as published by the California Debt and Investment Advisory Commission. The
Investment Policy effective July 1, 2013 includes a provision for monthly reporting of investment
transactions to the Board of Supervisors.
In addition to the above, Investment Reports are submitted via email distribution, on a monthly
basis. Quarterly Investment Reports are also made available on the Treasurer -Tax Collector
website at http://vfww.buttecounty.net/tto.
If you have any questions regarding investment reporting, please feel free to contact Peggy
Moak, at 538-7443.
Yours truly,
`-'-_k_
Peggy Moak
Butte County Treasurer -Tax Collector
Monthly Investment Transaction Reporting
Table of Contents
Funds Under Management of Trustees
U.S. Bank — 2003 Refunding COP
• Wells Fargo Bank — 2004 Pension Obligation Bonds
Wells Fargo Bank — 2006 Certificates of Participation
• 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
Rabobank
CalTrust
U.S. Bank Safekeeping
Butte County Treasurer
Monthly Investment Transaction Reporting
Funds Under Management of Trustees
U.S. BANK, Trustee
2003 Refunding COP
Transaction Activity
Date
Transaction
Lease Payment
Acct. No
XXXX6100
Reserve Fund
Acct. No
XXXX6101
Expense Fund
Acct. No
XXXX6106
Total Cash
With
Fiscal Agent
12/31/2013
Fair Value
7,062.37
436,110.41
6,992.82
450,165.60
Estimated Gain/Loss
0.00
Interest Earned
0.11
6.44
0.11
6.66
Transfer To 94656107
(7,05500)
17,055-001
Transfer From 94656101
7,006.85
7,006.85
Transfer To 94656100
(7.006.6:1)
(7.606,851
Transfer From 94656100
0.00
Interest Payment
0.00
Transfer
0.00
1/31/2014
Fair Value
7,014.33
429,110.00
6,992.93
443,117.26
Estimated Gain/Loss
0.00
Interest Earned
0.06
5.88
0.10
6.04
Transfer To 94656107
0.00
Transfer From 94656101
0.00
Transfer To 94656100
0.00
Transfer From 94656100
0.00
Interest Payment
0.00
Transfer
0.00
2/28/2014
Fair Value
7,014.39
429,115.88 1
6,993.03
443,123.30
Estimated Gain/Loss
0.00
Interest Earned
0.09
5.27
0.09
5.45
Transfer To 94656107
0.00
Transfer From 94656101
0.00
Transfer To 94656100
0.00
Transfer From 94656100
0.00
Interest Payment
0.00
Transfer
0.00
3/31/2014
Fair Value
7,014.48
429,121.15
6,993.12.
443,128.75
Estimated Gain/Loss
0.00
Interest Earned
0.10
5.84
0.10
6.04
Transfer To 94656107
0.00
Transfer From 94656101
0.00
Transfer To 94656100
0.00
Transfer From 94656100
0.00
Interest Payment
0.00
Transfer
0.00
4/30/2014
Fair Value
7,014.58
429,126.99
6,99322
443,134.79
Estimated Gain/Loss
0.00
Interest Earned
0.09
5.65
0.09
5.83
Transfer To 94656107
0.00
Transfer From 94656101
0.00
Transfer To 94656100
0.00
Transfer From 94656100
0.00
Interest Payment
0.00
Transfer
0.00
5/31/2014
Fair Value.
7,014.67
429,132.64
6,993.31
443,140.62
Estimated Gain/Loss
0.00
Interest Earned
0.10
5.84
1 0.10
6.04
AC -942
41,000.00
41,000.00
Transfer From 94656101
374,040.23
374,040.23
Transfer To 94656100
(374.040.291
(374.040.23)
Transfer From 94656100
0.00
Interest Payment
0.00
Trustee Fee
(476 67)
(476.67)
6/30/2014
Fair Value
422,055.00:
55,098.25
6,516.74
483,669.99
Sources: 1) U.S. Bank Statements, 2) Butte County Finance Office
Butte County Treasurer
Monthly Investment Transaction Reporting
Funds Under Management of Trustees
Wells Fargo Bank, Trustee
2004 Pension Obligation Bonds
Transaction Activity
Sources: 1) Wells Fargo Bank Statements, 2) Butte County Finance Office
Series A
Series B
Total Cash With
Transaction & Month End Date
XXXX1106
XXXX1109
XXXX1301
Fiscal Agent
12/3112013 Fair Value
900,555.41
2,630.43
854,085.45
1,757,271.29
Interest Earned
7.88
1.06
8.94
0.00
CSCDA Issuer Fees
Wire Transfer From Butte County AC -049
0.00
W Ire Transfer From Butte County AC-
0.00
Interest Paid to Bondholder
(8,822.41J)
(8,822.49)
Principal Paid to Bondholder
0'00
Transfer/s
0.00
1131/2014 Fair Value
900,563.29
2,631.49
845,262.96
1,748,457,74
Interest Earned
7.65
0.01
7.18
14.84
0.00
CSCDA Issuer Fees
Wire Transfer From Butte County AC -049
0.00
Wire Transfer From Butte County AC-
0.00
Interest Paid to Bondholder
(5'1x2,78)
(9,142.18)
Principal Paid to Bondholder
0.00
0.00
Transfer/s
2/28/2014 Fair Value
900,570.94
2,631.50
636,127.36
1,739,329.80
Interest Earned
6.91
0.01
6.42
13.34
0.00
CSCDA Issuer Fees
Wire Transfer From Butte County AC -049
0.00
Wire Transfer From Butte County AC-
0.00
Interest Paid to Bondholder
(7,8f)m7)
(1,800.87)
Principal Paid to Bondholder
0.00
Transfer/s
0.00
3/31/2014 Fair Value
900,577.85
2,631.51
826,332.91
1,731,542,27
Interest Earned
7.65
0.93
7.04
15.62
0.00
CSCDA Issuer Fees
0.00
Wire Transfer From Butte County AC -049
Wire -Transfer From Butte County AC-
0.00
Interest Paid to Bondholder
(8,008.98)
(8,008.98)
Principal Paid to Bondholder
0'00
Transfer/s
0.00
4130/2014 Fair Value
900,585.50
2,632.44
820,330.97
1,723,548.91
Interest Earned
7.40
0.01
6.74
14.15
0.00
CSCDA Issuer Fees
0.00
Wire Transfer From Butte County AC -049
Wire Transfer From Butte County AC-
0.00
Interest Paid to Bondholder
(8,235.02)
(8,235.02)
Principal Paid to Bondholder
0.00
Transfer/s
0.00
5/31/2014 Fair Value
900,592.90
2,632.45
812,102.69
1,715,328.04
Interest Earned
7.65
0.01
6.90
14.56
0.00
CSCDA Issuer Fees
Wire Transfer From Butte County AC -049
0.00
Wire Transfer From Butte County AC-
0.00
Interest Paid to Bondholder
(845,x95.90)
(8,779.17)
(854,275.071
Principal Paid to Bondholder
(55,000.00)
(295,000.00)
(350,000-00)
0.00
Transfer/s
6/30/2014 Fair Value
104.65
2;632.46
508,330.42 1
511,067.53
Sources: 1) Wells Fargo Bank Statements, 2) Butte County Finance Office
Butte County Treasurer
Monthly Investment Transaction Reports
Investments Under Management of Trustees
Wells Fargo Bank, Trustee
2006 Certificates of Participation
Transaction Activity
Date
Transaction
Reserve Fund
XXXX0800
Base Rental
Payment Fund
XXXX0801
Expense Fund
XXXX0802
Total With
Fiscal Agent
12131/2013
Fair Value
1,192,948.43
161,549.70
"-7,231.32
1,361,729.45
Transfer to another account
(0-06)
(0.06)
Transfer from another account
6,000.36
6,000.36
Transfer from another account
0.06
0.06
0.12
Debt Service Wire Transfer
0.00
Interest Earned
0.08
0.84
0.92
Interest Paid to Bondholder
(1(;7,550.00)
067,550.00
Trustee Fee
(1,50).00)
(1,500.00(
Unrealized Gain/Loss
1,595.64
1,595.64
1/31/2014
Fair Value
1,194,544.15
0.96
5,731.321
1,200,276.43
Transfer to another account
ho 0b)
in 05)
Transfer from another account
0.05
0.05
Transfer from another account
0.00
Debt Service Wire Transfer
0.00
Interest Earned
6,000.02
0.04
0.05
6,000.11
Interest Paid to Bondholder
0.00
Trustee Fee
0.00
Unrealizetl Gain/Loss
(264.00)
(264.00)
2/28/2014
Fair Value
1,200,280.17
1.05
5,731.32
1,206,012.54
Transfer to another account
(O 04)
(004)
Transfer from another account
0.04
0.04
Transfer from another account
0.00
Debt Service Wire Transfer
0.00
Interest Earned
0.06
0.04
0.10
Interest Paid to Bondholder
0.00
Trustee Fee
0.00
Unrealized Gain/Loss
(3,0M,00
(3,09600)
3/3112014
Fair Value
1,197,184.23
1.09
5,731.32
1,202,916.64
Transfer to another account
(0.00)
Transfer from another account
0.05
0.05
Transfer from another account
0.00
Debt Service Wire Transfer
0.00
Interest Earned
0.07
0.05
0.12
Interest Paid to Bondholder
0.00
Trustee Fee
0.00
Unrealized Gain/Loss
2,268.00
2,268.00
4/30/2014
Fair Value
1,199,452.30
1.14
5,731.32
' (:1,205,184.76
Transfer to another account
(0,05)
(0.05)
Transfer from another account
0.05
0.05
Transfer from another account
0.00
Debt Service Wire Transfer
0.00
Interest Earned
0.07
0.05
0.12
Interest Paid to Bondholder
0.00
Trustee Fee
0.00
Unrealized Gain/Loss
552.00
552.00
5/31/2014
Fair Value
1,200,004.37
1.19
5,731.32
1,205,736.88
Transfer to another account
(OM)
(U.05j
Transfer from another account
0.05
0.05
Transfer from another account
0.00
Debt Service Wire Transfer - AC 941
1,041,548.44
1,041,548.44
Interest Earned
0.07
0.05
0.12
Interest Paid to Bondholder
0.00
Trustee Fee i
i
0.00
Unrealized Gain/Loss 1
2,232.00 1
2,232.00
6/30/2014
jFaIr Value I
1,202,236.44 1
1,041,549.68
5,731.32
2,249,517.44
Sources: 1) Wells Fargo Bank, 2) Butte County Finance 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 - 5/31/2014
143,212.70
Deposits
6/04/2014
75,207.45
6/19/2014
79,143.98
6/25/2014
22.00
Disbursements
Checks Paid
(164.656.79)
TM Fee
(114.92)
Ending Balance - 6/30/2014
132,814.42
Source: Umpqua Bank Statement
LAID' Regular Monthly Statement Page 1 of 1
Local Agency Investment Fund
P.O. Box 942809 www.treasnrer.aa.eov/ucuia-iaif
Sacramento, CA 94209.0001 July 01, 2014
(916) 653-3001
BUTTECOUNTY
CHIEF DEPUTY TREASURER PMIA Avenue Mkghly Yields
25 COUNTY CENTER DRIVE
OROVILLE, CA 95965.3384 AccountNmnber:
Account Summary
Total Deposit:
Total Withdrawal:
11,000,000.00 Beginning Balance:
-4,000,000.00 Ending Balance:
11,108,117.85
18,108,117.85
https://Iaifms.treasurer.ca.gov/RegularStatelnent.aspx 7/1/2014
Tc,ni-1h)a
Definitions June 2014 Statement
Effective
Transaction Tran
Confirm
Date
Date
Type
Number
Authorized Caller
Amount
6/24/2014
6/24/2014
RD
1435561
COLETTE WORSHAM
11,000,000.00
6/30/2014
6/30/2014
RW
1436165
COLETTE WORSHAM
-4,000,000.00
Account Summary
Total Deposit:
Total Withdrawal:
11,000,000.00 Beginning Balance:
-4,000,000.00 Ending Balance:
11,108,117.85
18,108,117.85
https://Iaifms.treasurer.ca.gov/RegularStatelnent.aspx 7/1/2014
LAIF Regular Monthly Statement Page 1 of 1
Local Agency Investment Fund
11.6. Box 942809
Sacramento, CA 94209-0001 wwxv,treasurer.ua.govy 01, 2014
(916) 653-3001 July 0t, 2014
BUTTE COMMUNITY COLLEGE DISTRICT
BUTTE COUNTY TREASURER NVIIA AveraMLIcuttitly-Viekig
2S COUNTY CENTER DRIVE, SUITE 125
OROVILLE, CA 95965-3384 Account Number:
Effective Transaction Tran Confirm
Date Date TSPe Number
6/26/2014 6/26/2014 RD 1435854
Account Summary
Total Deposit:
Total Withdrawal:
Tran 7;y4e Definitions June 2014 Statement
Authorized Caller
COLETTE WORST -IAM
5,000,000.00 Beginning Balance:
0.00 Ending Balance:
Amount
5,000,000.00
10,016,924.78
15,016,924.78
https://Iaifins.treasurer.ca.gov/RegularStatement.aspx 7/1/2014
LAIF Regular Monthly Statement Page I of I
Local Agency Investment Fund
P.O. Box 942809 www.trcasurer.ca,;gov/nmis-laif
Sacramento, CA 94209-0001 July 01, 2014
(916) 653-3001
PARADISE UNIFIED SCHOOL DISTRICT
BUTTE COUNTYTREASURER PMIAAvcrn cgyiontillg Yields
25 COUNTY CENTER DRIVE, SUITE 125
OROVILLE„CA 95965 Account Number:
Account Summary
Total Deposit: 0.00 Beginning Balance:
Total Withdrawal: -5,000,000.00 Ending Balance:
15,048,194.21
10,048,194.21
https://Iaifms.treasurer.ca.gov/RegularStatement-aspx 7/l/2014
I ou Tvne
Definitions June 2014 Statement
Effective Transaction Tran
Confirm
Date Date
Type
Number
Authorized Caller
Amount
6/2/2014 6/2/2014
RW
1433853
COLE"TTE WORSHAM
-2,000,000,00
6/52014 6/5/2014
RW
1434180
COLETTE WORSHAM
-3,000,000.00
Account Summary
Total Deposit: 0.00 Beginning Balance:
Total Withdrawal: -5,000,000.00 Ending Balance:
15,048,194.21
10,048,194.21
https://Iaifms.treasurer.ca.gov/RegularStatement-aspx 7/l/2014
LAIF Regular Monthly Statement Page I of 1
Local Agency Investment Fund
C.O. Box 942809 Ailrcasurer.ca.eov/pmia-hut
Sacramento, CA 94209-0001 July 01, 2014
(916) 653-3001
OROVILLE UNION HIGH SCHOOL DISTRICT
BUTTE COUNTY TREASURER 1'Dll i Av�y V'Iclds
25 COUNTY CENTER DRIVE, SUITE 125
OROVILLE, CA 95965-3384 Account Number:
Tran Tvue Uehnidons June 2014 Statement
Effective Transaction Tran Confirm
Date Date T Pe Number Authorized Caller Amount
6/42014 6/4/2014 RW 1434064 COLETTE WORSHAM -5,000,000.00
Account Summary
Total Deposit:
Total Withdrawal:
0.00 Beginning Balance:
-5,000,000.00 Ending Balance:
15,447,492.99
10,447,492.99
https://Iaiffiis.treasurer.ca.gov/RegularStatement.aspx 7/1/2014
LATF Regular Monthly Statement Page 1 of 1
Local Agency Investment Fund
P.O. Box 942809 www.treasurer;ca. wv/Jamia-laif
Sacramento, CA 94209-0001 July 01, 2014
(916) 653-3001
CHICO UNIFIED SCHOOL DISTRICT
BUTTE COUNTY TREASURER PRSIA AverYbuuhlp Yields
25 COUNTY CENTER DRIVE, SUITE 125
OROVILLE, CA 95965-3384 Account Number:
Tran .I yye Definitions June 2014 Statement
Effective Transaction Tran Confirm
Date Date Type Number Authorized Caller Amount
6/16/2014 6/162014 RW 1434957 PEGGY MOAK -5,000,000.00
Account Summary
Total Deposit:
Total Withdrawal:
0.00 Beginning Balance:
-5,000,000.00 Ending Balance:
29,808,095.47
24,808,095.47
https://laifnis.treasurer.ca.gov/RegularStatement.aspx 7/1/2014
LAIF Regular Monthly Statement Page I of 1
Local Agency Investment Fund
F.O. Box 942809
tvww.treusurcr.ca.eov/omia-laif
Sacramento, CA 94809-0001
July 01, 2014
(916) 653-3001
Transaction Tran
BUTTE COUNTY OFFICE OF EDUCATION
BUTTE COUNTYTREASURER
PMIrJ�Aver eMontbly Yields
25 COUNTY CENTER DRIVE, SUITE 125
Authorized Caller Amount
OROVILLE, CA 95965-3384
Account Number:
1434556
COLETTE WORSHAM -4,000,000.00
Account Summary
Total Deposit:
Total Withdrawal:
0.00 Beginning Balance:
-4,000,000.00 Ending Balance:
17,444,291.83
13,444,291..83
https://Iaifms.treasurer.ca.gov/RegularStatemeiit.aspx 7/1/2014
'Iran Tone Definitions June 2014 Statement
Effective
Transaction Tran
Confirm
Date
Date TYPe
Number
Authorized Caller Amount
6/11/2014
6/11/2014 RW
1434556
COLETTE WORSHAM -4,000,000.00
Account Summary
Total Deposit:
Total Withdrawal:
0.00 Beginning Balance:
-4,000,000.00 Ending Balance:
17,444,291.83
13,444,291..83
https://Iaifms.treasurer.ca.gov/RegularStatemeiit.aspx 7/1/2014
l Rabobank. N.A.
P.O.6ox 6002
Rabobank Arroyo Grande, CA 93421-6002
oz 01 RETURN SERVICE REQUESTED
BUTTE COUNTY TREASURER'S
INVESTMENT POOL
epx4c 25 COUNTY CENTER DR ST 125
09992 OROVILLE CA 95965-3384
hil�lllllll�rhlllltllli�ni6l��lll'�'lllll��l'�I���1'�I'I�Irll
Account Number:
Last Statement: May 30, 2014
This Statement: June 30, 2014
Total days in statement period: 31
Page 1 of 1
Direct inquiries to: 888-945-6600
RABOBANK, N.A.
2227 MYERS STREET
OROVILLE CA 95966
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right away. Rabobank, N.A. Member FDIC
Public Investment Money Market
Account number Beginning balance $2,869,107.50
Avg collected balance $2,869,107.00 Total additions $609.19
Interest paid year to date $3,593.99 Total subtractions $0.00
Ending balance $2,869,716.69
CREDITS
Date Description Additions
06-30 INTEREST CREDIT 609.19
DAILY BALANCES
Date Amount Date Amount Date Amount
05-30 2,869,107.50 06-30 2,869,716.69
INTEREST INFORMATION
Total
Annual percentage yield earned
0.25%
Interest-bearing days
31
Average balance for APY
$2,869,107.50
Interest earned
$609.19
OVERDRAFT/RETURN IT EM FEES
'.� Totalfor
Total
this period
year-to-date
Total overdraft fees $0.00
$0.00
Total returned item fees $0.00
$0.00
Thank you for banking with Rabobank
!e Rabobank, N.A. • Member FDIC
C
,iWoa` www.rabobankamerica.mm
31136 rev 02-14
COUNTY OF BUTTE
STATEMENT FOR PERIOD
June 01, 2014 - June 30, 2014
Caffrust Short Term Fund
Date Transaction
05/31/2014
BALANCE FORWARD
06/02/2014
INCOME DISTRIBUTION - MAY
06/30/2014
UNREALIZED GAIN (LOSS)
06/30/2014
ENDING BALANCE
INCOME DISTRIBUTION PAID - MAY
INCOME ACCRUAL -JUNE
CUMULATIVE UNREALIZED GAIN (LOSS)
Shares Price Per Amount Average Average Realized
Share Cost NAV Cost Amount Gain/Loss'
448.962 10.03 4,503.09 10.01977896 4,498.50
0.141 10.03 1.41 10.01977275 1.41 0.00
0.000 0.00 0.00
449.103 10.03 4,504.50 4 499.91
0,00
1.48
4.59
Please note that this information should not be construed as tax advice and it recommended that you Consult with a tax professional regarding your account.
0 ^ r
,M
For Inquiries About Your Account, Contact: COUNTY OF BUTTE
ATTN: PEGGY MOAK
Nottingham lsvostment Administration 25 COUNTY CENTER DR, STE 125
116South Franklin Street
Rocky Mount, NC 27804 OROVILLE CA 95965
Attention: CaITRt1ST Shareholder Services
Phone: 800.773.3663
Fax: 252-972-1908
Email: caltrustsupport@ncfunds.com
Page I of I
EMbanke
Acct Name: BUTTE COUNTY TREASURER SUMMARY - USD Page 1
Acct Number: For period 06/01/2014 - 06/30/2014
ACTIVITY - Settled/Cleared Cash Activity
Transaction Type
Amount
Purchases
0.00
Purchase Reversals
0.00
Sales
0.00
Sale Reversals
0.00
Withdrawals
0.00
Receipts
(4,962,351.39)
Deliveries
0.00
Principal Reversals
0.00
Interest
4]5,118.2]
Interest Reversals
0.00
Interest Adjustments
0.00
Maturities
0.00
Calls
9,500,000.00
Puts
0.00
Paydowns
0.00
Paydown Adjustments
opo
Payups
0.00
Payup Adjustments
0.00
Cash Dividends
0.00
Balance Changes
0.00
Stock Dividends
0.00
Closeouts
0.00
Closeout Dividends _
0.00
Net Activity 5,012,766.88
HOLDINGS - Custody
Your Sales Representative is: SAFEKEEPING OPERATIONS
(800)236-4221
Statement Contents
'Summary
'Activity - Settled/Cleared Cash Activity
`Activity - Projected Activity for Next Statement Period
'Holdings
'Cash Flow Projections
Category
Par/Shares
Original Face
Principal Cost
Market Value
Domestic Time Deposits
3,000,000.00
3,000,000.00
31008000.00
1,255,21].81
Treasury Obligations
5,000,000.00
5,000000.00
4,998,242.19
5,006,250.00
US Government Agency Securities
256,795,000.00
256,795,000.00
257,649,856.45
256,977,978.11
Corporate Securities
14,750,000.00
14,750,000.00
15,368,005.00
15,111,30].]5
Munici al Securities
3,000,000.00
3,000000.00
3,022160.00
3002,560.00
Tota -custody Holdings
282,545,000.00
282,545,000.00
284,038,263.64
281,353,313.6]
CMbank
Acct Name: BUTTE COUNTY TREASURER "" ACTIVITY - USD Page 2
Acct Number SettledlCleared Cash Activity For period 06/01/2014 - 06/30/2014
Date
Ticket
Activity
Description
Rate
Maturity
Par
price
Security ID
Amount
06/09/2014
Interest
FEDERAL HOME LOAN BANK
.750
313381 B20
18,750.00
392135954
12/08/17
12/08/2017
06/09/2014
Interest
FHLB 1.2506/18
1.250
313379DT3
31,250.00
392142749
06/08/2018
06/09/2014
Interest
FEDERAL HOME LOAN BANK
1.625
313371PV2
25,431.25
519027870
12/09/16 BONDS
12/09/2016
06/12/2014
Interest
FEDERAL HOME LOAN MFG CORP
1.150
3134G3WH9
28,750.00
392128733
06/12/17 NOTES
06/12/2017
O6/12/2014
Call
FEDERAL HOME LOAN MTG CORP
1.150
5,000,000.00
3134G3WH9
5,000,000.00
392128733
06/12/17 NOTES
06/12/2017
99.945100
06/16/2014
Interest
TENNESSEE VALLEY AUTHORITY
4.875
880591DSS
121,875.00
392123963
12/15/2016 BONDS
12/15/2016
06/16/2014
Receipt
FEDERAL HOME LOAN BANK
1.625
5,000,000.00
313379EE5
(4,962,351.39)
392154559
06/14/19
06/14/2019
99.238000
06/23/2014
Interest
BARCLAYS BANK DELAWARE
1.600
06740KFG7
1,994.52
392122740
CERT OF DEPOSIT
12/21/2015
06/26/2014
Interest
FEDERAL FARM CREDIT BANK
.900
3133ECS45
45,000.00
392136057
12/26/1]
12/26/2017
06/27/2014
Interest
FARMER MAC
.900
31315PTSB
19,192.50
392136623
12/27/17
12/27/2017
06/27/2014
Interest
FNMA STEP-UP
Variable
3136G1YB9
22,500.00
392148317
12/27/18
12/27/2018
06/27/2014
Call
FNMA STEP-UP
Variable
4,500,00000
3136GIY89
4,500,000.00
392148317
12/27/18
12/27/2018
100.006500
06/30/2014
Interest
FARMER MAC
2.820
31315PES4
70,500.00
392098351
12/30/14 NOTES
12/30/2014
06/30/2014
Interest
FEDERAL HOME LOAN BANK
1,220
313376NC5
30,500.00
392122807
12/28/16 BONDS
12/28/2016
use•
Acct Name: BUTTE COUNTY TREASURER — ACTIVITY - USD Page 3
Acct Number: Settled/Cleared Cash Activity For period 06/01/2014 - 06/30/2014
Rale Par Security ID Amount
Maturity Price
2.375 36962G5F7 59,375.00
392135162 SR UNSECURED 06/30/2015
Net Activity 5,012,166.88
Description
Date Activity
Ticket
CAP CORP
06/30/2014 Interest
GENERAL ELEC