R2004-040 03-08-04 RESOLUTION NO. R2004-40
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PEARLAND, TEXAS, ACCEPTING THE CITY'S INVESTMENT REPORT
FOR THE QUARTER ENDING DECEMBER 2003.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND,
TEXAS:
Section 1. That the City Council hereby accepts the City's Investment Report for
the Quarter ending December 2003.
PASSED, APPROVED, AND ADOPTED this 8th
March ., A.D., 2004.
day of
TOM REID
MAYOR
ATTEST:
APPROVED ASTO FORM:
DARRIN M. COKER
CITY ATTORNEY
CITY OF PEARLAND, TEXAS
Quarterly Portfolio Change - General Revenue Fund
Portfolio Assets as of 9/30/03 Portfolio Assets as of 12/31/03
CD CD
15.3% 14.8%
Sweep S _
3.5/o
o Sweep
' 5.3%
i
„0.000000000,-
1j, D-Note
5.9/0 A-Note
o
.4% D Note
r -- 1.2%
i
I a
, . /
Money Market Money Market
75.4% 76.3%
Average Portfolio Yield : 1.534% Average Portfolio Yield: 1.231%
Average Portfolio Maturity: 10 days Average Portfolio Maturity: 32 days
% Maturing within 3 months: 96% % Maturing within 3 months: 90%