RTIRZ-2011-02 - 2011-06-13RESOLUTION NO. RTIRZ-2011-02
A RESOLUTION OF THE TAX INCREMENT REINVESTMENT ZONE
NO. 2 (TIRZ), ACCEPTING THE INVESTMENT REPORT FOR THE
QUARTERS ENDING JUNE 2010, SEPTEMBER 2010, DECEMBER
2010, AND MARCH 2O11.
BE IT RESOLVED BY THE TIRZ BOARD OF DIRECTORS:
Section 1. That the Board hereby accepts the Investment Reports for the
Quarter ending June 2010 through March 2011.
PASSED, APPROVED, AND ADOPTED this 13th day of June, A.D., 2011.
ATTEST:
MIKE
TIRZ NO. 2 SECRETARY
TIRZ II
Quarterly Investment Report
March 31, 2010 - June 30, 2010
Portfolio at March 31, 2010
Portfolio at June 30, 2010
Ending Book Value
$ 8,500,418.10
Ending Book Value
$ 11,196,028.29
Ending Market Value
8,500,418.10
Ending Market Value
11,196,028.29
Accrued Interest Receivable
Accrued Interest Receivable
Unrealized Gain/(Loss)
-
Unrealized Gain/(Loss)
Change in Unrealized Gain/Loss
-
Change in Unrealized Gain/Loss
Weighted Average Maturity
1 Day
Weighted Average Maturity
1 Day
Change in Market Value
2,902,394.13
Change in Market Value
2,695,610.19
Yield to Maturity at Cost
0.15%
Yield to Maturity at Cost
0.27%
T-Bill Benchmark
0.41%
T-Bill Benchmark
0.32%
Agency Note Benchmark
0.18%
Agency Note Benchmark
0.25%
Average for Quarter
Total Rate of Return 0.20%
1 Year T-Bill Benchmark Yield 0.38%
Agency Note Benchmark Yield 0.20%
This quarterly report is in compliance with the investment policy and strategy as established by the City and the Public Funds Investment Act
(Chapter 2256, Texas Government Code).
Prepared by:
Claire Bogard
Director of Finance
Rick Cv r and
Assistant Director f Finance
Fatima Uwakwe
Senior Accountant
Description Face Amount \ Shares
Cash $ 2,599,757.50 $
M M 8,596,270.79
Total/Average $ 11,196,028.29 $
Group Portfolio Holdings
by Type
•Cash ■MM
TIRZ II
Summary by Type
June 30, 2010
Cost Value
2,599,757.50 $
8,596,270.79
11,196,028.29 $
9goy
Book Value
2,599,757.50 $
8,596,270.79
11,196,028.29 S
12,000,000.00
10.000.000.00
8,000,000.00
6,000,000.00
4,000,000.00
2.000.000.00
0.00
Market Value YTM ld Cost Days To Maturity
2,599,757.50 0.27 1
8,596,270.79 0.27 1
11,196,028.29 0.27 1
Book Value by Maturity
0-1 Month 1-3 Months
3-6 Months
6-9 Months
Interest Rates
pate 1 m4 IM fLM 1 yr 2 yr LYE 5-yr Z-Yf l4Ys 24.1E $2H£
3/31/2010 0.15 0.16 0.24 0.41 1.02 1.60 2.55 3.28 3.84 4.55 4.72
6/30/2010 0.17 0.18 0.22 0.32 0.61 1.00 1.79 2.42 2.97 3.74 3.91
5.00
4.50
4.00
3.50
3.00
2.50
2.00
1,50
1.00
0.50
0.00
6.00
5.00
4.00
3.00
2.00
1.00
Yield Curve Comparison
TIRZ's Portfolio YTM .20%_
1 Day WAM
I mo 3 mo 6 mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yi
-613=010 - 313112010 �I
Portfolio vs. Benchmark
co �e��a �e �a� ��( �a �� �Q$ �e Q$ zo ze za Qe za 39 "a "� q\z� eQ"09`Oo oe �a .fie .Na,Np� ,a . 0 NO
O i O J F ,off` Ppi) J P° O O) F �M Ppt� J
-- -Portfolio Total t 1 Year T•Bill -Agency Note
City of Pearland
Quarterly Investment Report
Report Format: By CUSIP
Group By: Security Type
Portfolio/Report Group: 66: TIRZ II
Begin Date: 3/31/2010, End Date: 6/30/2010
Portfolio Maturity
Annualized
Amortized
Amortized
Investment
Description CUSIP/Ticker Name Date
TRR-BV
Beginning BV
Buy Principal
Sell Principal
Discount
Premium
Ending BV
Income-BV
CASH
Wells Fargo WFSWEEP 66: TIRZ N/A
0.19
2,499,756.19
100,001.31
0.00
0.00
0.00
2,599,757.50
1,226.15
Sweep Cash lI
Sub
Total/Average
0.19
2,499,756.19
100,001.31
0.00
0.00
0.00
2,599,7S7.50
1,226.15
Cash
MONEY MARKET
Wells Fargo MM WF7843 66: TIRZ N/A
0.20
6,000,661.91
13,997,325.58
11,401,716,70
0.00
0.00
8,596,270.79
4,068.57
ii
Sub
Total/Average
0.20
6,000,661.91
13,997,325.58
11,401,716.70
0.00
0.00
8,596,270.79
4,068.57
Money Market
Total /
0.20
8,500,418.10
14,097,326.89
11,401,716.70
0.00
0.00
11,196,028.29
5,294.72
Average
Paoc 1 OI
City of Pearland
City of Pearland - By Security Type
Report Format: By CUSIP
Group By: Security Type
Portfolio/Report Group: 66: TIRZ II
As of 6/30/2010
Portfolio
Face
YTM @ Settlement
Maturity
Days To
Accrued
% of
Description CUSIP/Ticker
Name
Amount/Shares
Cost Value
Book Value
Market Value
Cost Date
Date
Maturity
Interest
Portfolio
Cash
Wells Fargo WFSWEEP
66:TIRZ
2,599,757.50
2,599,757.50
2,599,757.50
2,599,757.50
0.27000 N/A
N/A
1
N/A
23.22
Sweep Cash
II
Sub Total /
2,599,757.50
2,599,757.50
2,599,757.50
2,599,757.50
0.27000
1
0.00
23.22
Average
Money Market
Wells Fargo WF7843
66: TIRZ
8,596,270.79
8,596,270.79
8,596,270.79
8,596,270.79
0.27000 N/A
N/A
1
N/A
76.78
MM
II
Sub Total /
8,596,270.79
8,596,270.79
8,596,270.79
8,596,270.79
0.27000
1
0.00
76.78
Average
Total /
11,196,028.29
11,196,028.29
11,196,028.29
11,196,028.29
0.27000
1
0.00
100
Average
Paue 1 of" 1
City of Pearland
City of Pearland - by Fund
Report Format: By Transaction
Group By: Portfolio Name
Portfolio/Report Group: 66: TIRZ II
As of 6/30/2010
Security
Settlement
Face
YTM @ Maturity
Days To % of
Description
CUSIP/Ticker Type
Date
Amount/Shares
Book Value
Market Value
Cost Date
Maturity Portfolio
66: TIR2 II
Wells Fargo MM
WF7843 Money
5/30/20D6
8,596,270.79
8,596,270.79
8,596,270.79
0.27000 N/A
1 76.78
Market.
Wells Fargo Sweep
WFSWEEP Cash
5/31/2006
2,599,757.50
2,599,757.50
2,599,757.50
0,27000 N/A
1 23.22
Cash
Sub Total /
11,196,028.29
11,196,028.29
11,196,028.29
0.27000
1 100.00
Average
11,196,028.29
11,196,028.29
11,196,028.29
0.27000
1 100
Total / Average
Noe 1 of 1
Pledged Collateral Reconciliation Report
June 30, 2010
Bank
Account Number
Account Name
Amount
Wells Fargo
201-0419505
Operating
-
Wells Fargo
201-0419513
Payroll Fund
-
Wells Fargo
001-3042841
Sweep Account
104,085,233.36
Wells Fargo
201-0419554
98 CO Escrow
-
Wells Fargo
807-1613395
Credit Card Account
2,104,675.45
Wells Fargo
818-4567843
Alvin ISD
8,596,270.79
Wells Fargo
001-3043112
PEDC Sales Tax
-
Wells Fargo
Wells Fa 1.50 07/24/10
Certificate of Deposit
1,000,000.00
Wells Fargo
Wells Fa 1.53 01/27/10
Certificate of Deposit
4,000,000.00
Total of Bank Balances
$
119,786,179.60
Pledged Collateral for City
129,995,189.69
FDIC Insurance
250,000.00
Total Collateral
$
130,245,189.69
Over (Under) Collateralized
$
10,459,010.09
Total % Collateralized
108.7%
Bank
Account Number
Account Name
Amount
Wells Fargo
100-7284258
Development Authority
2,667,955.15
Total of Bank Balances
$
2,667,955.15
Pledged Collateral for DAP
2,936,166.84
FDIC Insurance
250,000.00
Total Collateral
$
3,186,166.84
Over (Under) Collateralized
$
518,211.69
Total % Collateralized
119.4%
Bank
Account Number
Account Name
Amount
Pearland State
13249
Certificate of Deposit
1,000,000.00
Pearland State
12847
Certificate of Deposit
$
-
Total of Bank Balances $ 1,000,000.00
Pledged Collateral 2,825,195.81
FDIC Insurance 250,000.00
Total Collateral $ 3,075,195.81
Over (Under) Collateralized $ 2,075,195.81
Total % Collateralized 307.5%
Total $ Over (Under) Collateralized $ 13,052,417.59
Total % Collateralized 110.6%
Status Collateralized
hinvestmentsOvestment ReportMCity of PearlanOnvestment Report - City - Qtr 0610
TIRZ II
Quarterly Investment Report
June 30, 2010 - September 30, 2010
Portfolio at June 30. 2010
Portfolio at September 30, 2010
Ending Book Value
$ 11,196,028.29
Ending Book Value
$ 6,759,996.84
Ending Market Value
11,196,028.29
Ending Market Value
6,759,996.84
Accrued Interest Receivable
-
Accrued Interest Receivable
Unrealized Gain/(Loss)
-
Unrealized Gain/(Loss)
Change in Unrealized Gain/Loss
-
Change in Unrealized Gain/Loss
Weighted Average Maturity
1 Day
Weighted Average Maturity
1 Day
Change in Market Value
2,695,610.19
Change in Market Value
(4,436,031.45)
Yield to Maturity at Cost
0.27%
Yield to Maturity at Cost
0.19%
T-Bill Benchmark
0.32%
T-Bill Benchmark
0.27%
Agency Note Benchmark
0.25%
Agency Note Benchmark
0.14%
Average for Quarter
Total Rate of Return 0.24%
1 Year T-Bill Benchmark Yield 0.27%
Agency Note Benchmark Yield 0.16%
This quarterly report is in compliance with the investment policy and strategy as established by the City and the Public Funds Investment Act
(Chapter 2256, Texas Government Code).
Prepared by:
LUIf `D
Claire Bogard
Director of Finance
Rick O e�aa
Assistant Director of Finance
Fatima Uwakwe
Senior Accountant
Description
Face Amount \ Shares
Cash
$ 1,629,970.22 $
M M
5,130,026.62
Total/Average
$ 6,759,996.84 $
Group Portfolio Holdings
by Type
[____■Cash ■MM
TIRZ II
Summary by Type
September 30, 2010
Cost Value
1,629,970.22 $
5,130,026.62
Book Value
1,629,970.22 $
5,130,026.62
6.759.996.84 $ 6.759.996.84 $
8,000,000.00
7,000,000.00
6,000,000.00
5,000,000.00
4,000,000.00
3,000,000.00
2,000,000.00
1,000,000.00
0.00
Market Value YTM Cal Cost Days To Maturity
1,629,970.22 0.19 1
5,130,026.62 0.19 1
6,759,996.84 0.19 1
Book Value by Maturity
0-1 Month 1-3 Months 3-6 Months 6-9 Months
Interest Rates
Date 1 mo .I4 64 IM 3 Vr I -A 5-1L 7 yr
6/30/2010 0.17 0.18 0.22 0.32 0.61 1.00 1.79 2.42
9/30/2010 0.14 0.16 0.19 0.27 0.42 0.64 1.27 1.91
4.50
4.00
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0.00
Yield Curve Comparison
10 yr Mar 3VL
2.97 3.74 3.91
2.53 3.38 3.69
1 mo 3 mo 6 mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yr
_8J30=10-6/30/2010
Portfolio vs. Benchmark
6.00
5.00
4.00
I
3.00
2.00
1.00 40-9--+s •, n..�_l�
I
�o �eoAa a Oa Aa a! �$ �jJ �$ e4 OO �e 2� 09 0� Ag �9 6P �o �e a� e13 a N0�5ON eQ 10
-�- Portfolio Total t 1 Year T-Blll --*--Agency Note
City of Pearland
Quarterly Investment Report
Report Format: By CUSIP
Group By: Security Type
Portfolio/Report Group: 66: TIRZ II
Begin Date: 6/30/2010, End Date: 9/30/2010
Portfolio
Description CUSIP/Ticker Name
Maturity
Date
Annualized
TRR-BV
Beginning BV
Buy Principal
Sell Principal
Amortized
Discount
Amortized
Premium
Ending BV
Investment
Income-BV
CASH
Wells Fargo Sweep WFSWEEP 66: TIRZ
N/A
0.24
2,599,757.50
541,584.16
1,511,371.44
0.00
0.00
1,629,970.22
1,351.47
Cash II
Sub
Total/Average
0.24
2,599,757.50
541,584.16
1,511,371.44
0.00
0.00
1,629,970.22
1,351.47
Cash
MONEY MARKET
Wells Fargo MM WF7843 66: TIRZ
N/A
0.23
8,596,270.79
556,211.55
4,022,455.72
0.00
0.00
5,130,026.62
4,049.57
Sub
Total/Average
0.23
8,596,270.79
556,211.55
4,022,455.72
0.00
0.00
5,130,026.62
4,049.57
Money Market
0.24 11,196,028.29
1,097,795.71
5,533,827.16
0.00
0.00 6,759,996.84
5,401.04
Total / Average
Page 1 of 1
City of Pearland
City of Pearland - By Security Type
Report Format: By Transaction
Group By: Security Type
Portfolio/Report Group! 66: TIRZ II
As of 9/30/2010
Days To
Accrued
% of
Portfolio
Settlement
Maturity YTM @
Cost
Face
Amount/Shares
Cost Value
Book Value
Market Value
Maturity
Interest
Portfolio
Description CUSIP/Ticker Name
Date
Date
Cash
Wells Fargo WFSWEEP 66: TIRZ
5/31/2006
N/A 0.19000
1,629,970.22
1,629,970.22
1,629,970.22
1,629,970.22
1
N/A
24.11
Sweep Cash II
Sub Total /
0.19000
1,629,970.22
1,629,970.22
1,629,970.22
1,629,970.22
1
0.00
24.11
Average
Money Market
Wells Fargo WF7843 66: TIRZ
5/30/2006
N/A 0.19000
5,130,026.62
5,130,026.62
5,130,026.62
5,130,026.62
1
N/A
75.89
MM
Sub Total /
0.19000
5,130,026.62
5,130,026.62
5,130,026.62
5,130,026.62
1
0.00
75.89
Average
0.19000
6,759,996.84
6,759,996.84
6,759,996.84
6,759,996.84
1
0.00
100
Total /
Average
Page 1 of 1
Pledged Collateral Reconciliation Report
September 30, 2010
Bank
Account Number
Account Name
Amount
Wells Fargo
201-0419505
Operating
$
-
Wells Fargo
201-0419513
Payroll Fund
Wells Fargo
001-3042841
Sweep Account
74,394,101.33
Wells Fargo
201-0419554
98 CO Escrow
-
Wells Fargo
807-1613395
Credit Card Account
5,065,831.82
Wells Fargo
818-4567843
Alvin ISD
5,130,026.62
Wells Fargo
001-3043112
PEDC Sales Tax
-
Wells Fargo
Wells Fa .40 01/28/11
Certificate of Deposit
4,000,000.00
Total of Bank Balances
$
88,589,959.77
Pledged Collateral for City
119,085,786.40
FDIC Insurance
250,000.00
Total Collateral
$
119,335,786.40
Over (Under) Collateralized
$
30,745,826.63
Total % Collateralized
134.7%
Bank
Account Number
Account Name
0
Wells Fargo
100-7284258
Development Authority
4,785,798.39
Total of Bank Balances
$
4,785,798.39
Pledged Collateral for DAP
8,866,429.40
FDIC Insurance
250,000.00
Total Collateral
$
9,116,429.40
Over (Under) Collateralized
$
4,330,631.01
Total % Collateralized
190.5%
Total $ Over (Under) Collateralized
$
35,076,457.64
Total % Collateralized
137.6%
Status Collateralized
(:\Investments\Investment Reports\City of Pearland\Investment Report - City - Qtr 0910
iBNH
Quarterly Investment Report
September 30, 2010 - December 31, 2010
Portfolio at September 30, 2010
Portfolio at December 31. 2010
Ending Book Value
$ 6,759,996.84
Ending Book Value
$ 7,537,206.11
Ending Market Value
6,759,996.84
Ending Market Value
7,537,206.11
Accrued Interest Receivable
-
Accrued Interest Receivable
Unrealized Gain/(Loss)
-
Unrealized Gain/(Loss)
Change in Unrealized Gain/Loss
-
Change in Unrealized Gain/Loss
-
Weighted Average Maturity
1 Day
Weighted Average Maturity
1 Day
Change in Market Value
(4,436,031.45)
Change in Market Value
777,209.27
Yield to Maturity at Cost
0.19%
Yield to Maturity at Cost
0.17%
T-Bill Benchmark
0.27%
T-Bill Benchmark
0.29%
Agency Note Benchmark
0.14%
Agency Note Benchmark
0.01%
Average for Quarter
Total Rate of Return 0.18%
1 Year T-Bill Benchmark Yield 0.28%
Agency Note Benchmark Yield 0.09%
This quarterly report is in compliance with the investment policy and strategy as established by the City and the Public Funds Investment Act
(Chapter 2256, Texas Government Code).
Prepared by:
t..Jd_L1-D Lmll (t1A
Claire Bogard
Director of Finance
L',-]
Rick O e rd
Assistant Direct r of Finance
Fatima Uwakwe
Senior Accountant
TIRZ II
Summary by Type
December 31, 2010
Description
Face Amount \ Shares
Cost Value
Book Value
Market Value YTM Cal Cost Days To Maturity
Cash
$ 2,277,366.94 $
2,277,366.94 $
2,277,366.94 $
2,277,366.94 0.17 1
MM
5,259,839.17
5,259,839.17
5,259,839.17
5,259,839.17 0.17 1
Total/Averaee
7.537.206.11 S
7,537,206.11 S
7.537.206.11 0.17 1
S 7.537.206.11 S
7
Group Portfolio Holdings
by Type
a Cash ■MM
8,000,000.00
7,000,000.00
6,000,000.00
5,000,000.00
4,000,000,00
3,000,000.00
2,000,000.00
1,000,000.00
0.00
Book Value by Maturity
0-1 Month 1-3 Months 3-6 Months 6-9 Month<
Interef `es
P= IlM IM 6 n10 "r LYE iyr IN Zr[ 2911 22YL 32YE
9/30/2010 0.14 0.16 0.19 0.27 0.42 0.64 1.27 1.91 2.53 3.38 3.69
12/31/2010 0.07 0.12 0.19 0.29 0.61 1.02 2.01 2.71 3.30 4.13 4.34
Yield Curve Comparison
5.00 - - - - - - -- --
4.50
4.00
3.50
3.00
2.50
2.00 TIRZ's Portfolio YTM .18%
1 Day WAM
1.50
1.00
0.50
i
0.00 - -
1 mo 3 mo 6 mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yr
- 1213112010 -+- 90=010 i
Portfolio vs. Benchmark
6.00
5.00
4.00
3.00
2.00
1.00
OOI a VOAaa�Q0�AO`,��Q1��0�11��Q1Q�101P $ve�e aY%v aA;\ O94��
y'y'e V
-4 Portfolio Total t 1 Year T-Bill --O-A9e y nc Note
City of Pearland
Quarterly Investment Report
Report Format: By CUSIP
Group By: Security Type
Portfolio/Report Group: 66: TIRZ II
Begin Date: 9/30/2010, End Date: 12/31/2010
Portfolio Maturity
Annualized
Amortized
Amortized
Investment
Description CUSIP/Ticker Name Date
TRR-BV
Beginning BV
Buy Principal
Sell Principal
Discount
Premium
Ending BV
Income-BV
CASH
Wells Fargo Sweep WFSWEEP 66: TIRZ N/A
0.17
1,629,970.22
2,036,815.23
1,389,418.51
0.00
0.00
2,277,366.94
369.35
Cash II
Sub
Total/Average
0.17
1,629,970.22
2,036,815.23
1,389,418.51
0.00
0.00
2,277,366.94
369.35
Cash
MONEY MARKET
Wells Fargo MM WF7843 66: TIRZ N/A
0.18
5,130,026.62
512,119.29
382,306.74
0.00
0.00
5,259,839.17
2,416.97
Sub
Total/Average
0.18
5,130,026.62
512,119.29
382,306.74
0.00
0.00
5,259,839.17
2,416.97
Money Market
1,771,725.25
0.00
0.00 7,537,206.11
2,786.32
Total / Average
0.18
6,759,996.84
2,548,934.52
Page 1 of 1
City of Pearland
City of Pearland - By Security Type
Report Format: By Transaction
Group By: Security Type
Portfolio/Report Group: 66: TIRZ II
As of 12/31/2010
Portfolio
Settlement
Maturity
Date
YTM @
Cost
Face
Amount/Shares
Cost Value
Book Value
Market Value
Days To
Maturity
Accrued
Interest
% of
Portfolio
Description CUSIP/Ticker
Name
Date
Cash
Wells Fargo WFSWEEP
66: TIRZ
5/31/2006
N/A
0.17000
2,277,366.94
2,277,366.94
2,277,366.94
2,277,366.94
1
N/A
30.22
Sweep Cash
II
Sub Total /
0.17000
2,277,366.94
2,277,366.94
2,277,366.94
2,277,366.94
1
0.00
30.22
Average
Money Market
Wells Fargo WF7843
66: TIRZ
5/30/2006
N/A
0,17000
5,259,839.17
5,259,839.17
5,259,839.17
5,259,839.17
1
N/A
69.78
MM
II
Sub Total /
0.17000
5,259,839.17
5,259,839.17
5,259,839.17
5,259,839.17
1
0.00
69.78
Average
Total /
0.17000
7,537,206.11
7,537,206.11
7,537,206.11
7,537,206.11
1
0.00
100
Average
Page 1 of I
Bank
Wells Fargo
Wells Fargo
Wells Fargo
Wells Fargo
Wells Fargo
Wells Fargo
Wells Fargo
Wells Fargo
Wells Fargo
Bank
Wells Fargo
Pledged Collateral F )conciliation Report
Decem bcr 31, 2010
Account Number
Account Name
Amount
201-0419505
Operating
$
-
201-0419513
Payroll Fund
-
001-3042841
Sweep Account
103,938,712.56
201-0419554
98 CO Escrow
-
807-1613395
Credit Card Account
1,053,072.09
818-4567843
Alvin ISD
5,259,089.88
001-3043112
PEDC Sales Tax
-
280-7409871
Health Claims
231,844.50
Wells Fa .40 01/28/11
Certificate of Deposit
4,000,000.00
Total of Bank Balances
$
114,482,719.03
Pledged Collateral for City
122,693,978.03
FDIC Insurance
250,000.00
Total Collateral
$
122,943,978.03
Over (Under) Collateralized
$
8,461,259.00
Total % Collateralized
107.4%
Account Number
Account Name
0
100-7284258
Development Authority
1,483,510.40
Total of Bank Balances
$
1,483,510.40
Pledged Collateral for DAP
2,057,670.14
FDIC Insurance
250,000.00
Total Collateral
$
2,307,670.14
Over (Under) Collateralized
$
824,159.74
Total % Collateralized
155.6%
Total $ Over (Under) Collateralized
$
9,285,418.74
Total % Collateralized
108.0%
Status Collateralized
hinvestmentsllnvestment Reports\City of Pearlandllnvestment Report - City - Qtr 1210
TI RZ 11
Quarterly Investment Report
December 31, 2010 - March 31, 2011
Portfolio at December 31 2010
Portfolio at March 31, 2011
Ending Book Value
$ 7,537,206.11
Ending Book Value
$ 9,385,883.32
Ending Market Value
7,537,206.11
Ending Market Value
9,385,883.32
Accrued Interest Receivable
Accrued Interest Receivable
Unrealized Gain/(Loss)
Unrealized Gain/(Loss)
Change in Unrealized Gain/Loss
Change in Unrealized Gain/Loss
Weighted Average Maturity
1 Day
Weighted Average Maturity
1 Day
Change in Market Value
777,209.27
Change in Market Value
1,848,677.21
Yield to Maturity at Cost
0.17%
Yield to Maturity at Cost
0.16%
T-Bill Benchmark
0.28%
T-Bill Benchmark
0.28%
Agency Note Benchmark
0.01%
Agency Note Benchmark
0.01%
Average for Quarter
Total Rate of Return 0.16%
1 Year T-Bill Benchmark Yield 0.28%
Agency Note Benchmark Yield 0,01%
This quarterly report is in compliance with the investment policy and strategy as established by the City and the Public Funds Investment Act
(Chapter 2256, Texas Government Code).
Prepared by:
Cla
ire
g
Director of Finance
1,J -
Rick v r aar
Assistant Director of Finance
Fatima Uwakwe
Senior Accountant
Description
Face Amount \ Shares
Cash
$ 3,892,70S.68 $
M M
5,493,177.64
Total/Average
S 9.385.883.32 S
59%
Group Portfolio Holdings
by Type
sCash ■MM
TIRZ II
Summary by Type
March 31, 2011
Cost Value
3,892,705.68 $
5,493,177.64
9.385.883.32 S
1%
Book Value Market Value YTM 0 Cost Days To Maturity
3,892,70S.68 $ 3,892,705.68 0.16 1
5,493,177.64 5,493,177.64 0.16 1
9.385.883.32 S 9.385.883.32 0.16 1
10,000,000.00
9,000,000.00
8,000,000.00
7,000,000.00
6,000,000.00
5,000,000.00
4,000,000.00
3,000,000.00
2,000,000.00
1,000,000.00
0.00
Book Value by Maturity
0-1 Month 1-3 Months 3-6 Months 6-9 Months
n
IM
1 m0
3-0
im
12/31/2010
0.07
0.12
0.19
3/31/2011
0.05
0.09
0.17
s.00
4.50
4.00
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0.00
Interest Rates
11_► 2M IM 5x Z-W
0.29 0.61 1.02 2.01 2.71
0.30 0.80 1.29 2.24 2.90
Yield Curve Comparison
10 yr 20 Vr MA
3.30 4.13 4.34
3.47 4.29 4.51
1 m0 3 mo 6 mo 1 yr 2 yr 3 yr- --5 yr 7 yr 10 yr 20 yr 30 yr
-�- 3/31/2011-12/31/2010 I
Portfolio vs. Benchmark
6.00 - - --
5.00
4.00
3.00 _
2.00
1.00
-t
J o\ 10 "V n 11
O� O Ja .
0 Portforro Total 1 Year T-Bill 'mow' -Agency Note
City of Pearland
Quarterly Investment Report
Report Format: By CUSIP
Group By. Security Type
Portfolio/Report Group: 66: TIRZ II
Begin Date: 12/31/2010, End Date: 3/31/2011
Portfolio
Maturity
Annualized
TRR-BV
Beginning BV
Buy Principal
Sell Principal
Amortized
Discount
Amortized
Premium
Ending BV
Investment
Income-BV
Description CUSIP/Ticker Name
Date
CASH
Wells Fargo WFSWEEP 66: TIRZ
N/A
0.18
2,277,366.94
1,615,338.74
0.00
0.00
0.00
3,892,705.68
1,423.42
Sweep Cash II
_
Sub
0.18
2,277,366.94
1,615,338.74
0.00
0.00
0.00
3,892,705.68
1,4
Total/Average
Cash
MONEY MARKET
Wells Fargo MM WF7843 66: TIRZ
N/A
0.15
5,259,839.17
927,285.40
693,946.93
0.00
0.00
5,493,177.64
2,062.83
II
_
Sub
0.15
5,259,839.17
927,285.40
693,946.93
0.00
0.00
5,493,177.64
2,062.83
Total/Average
Money Market
0.16
7,537,206.11
2,542,624.14
693,946.93
0.00
0.00
9,385,883.32
3,486.25
Total /
Average
1 of 1
City of Pearland
Quarterly Investment Report at Quarterend
Report Format: By Transaction
Group By: Security Type
Portfolio/Report Group: 66: TIRZ II
As of 3/31/2011
Portfolio Settlement Maturity
YTM @
Cost
Face
Amount/Shares
Cost Value
Book Value
Market Value
Days To Accrued % of
Maturity Interest Portfolio
Description CUSIP/Ticker
Name Date Date
Cash
Wells Fargo
Sweep WFSWEEP
66: TIRZ
5/31/2006 N/A
0.16000
3,892,705.68
3,892,705.68
3,892,705.68
3,892,705.68
1
N/A
41.47
Cash
II
Sub Total
0.16000
3,892,705.68
3,892,705.68
3,892,705.68
3,892,705.68
1
0.00
41.47
/ Average
Money Market
us Fargo WF7843
66- TIRZ 5/30/2006 N/A
0.16000
5,493,177.64
5,493,177.64
5,493,177.64
5,493,177.64
1
N/A
58.53
MM
Sub Total
0.16000
5,493,177.64
5,493,177.64
5,493,177.64
5,493,177.64
1
0.00
58.53
/ Average
Total / 0.16000 9,385,883.32 9,385,883.32 9,385,883.32 9,385,883.32 1 0.00 100
Average
1 of I
Pledged Collateral Reconciliation Report
March 31, 2011
Bank
Account Number
Account Name
Amount
Wells Fargo
201-0419505
Operating
$
-
Wells Fargo
201-0419513
Payroll Fund
-
Wells Fargo
001-3042841
Sweep Account
89,464,935.96
Wells Fargo
201-0419554
98 CO Escrow
-
Wells Fargo
807-1613395
Credit Card Account
2,164,882,41
Wells Fargo
818-4567843
Alvin ISD
5,493,177.64
Wells Fargo
001-3043112
PEDC Sales Tax
-
Wells Fargo
280-7409871
Health Claims
220,642.06
Wells Fargo
Certificate of Deposit
-
Total of Bank Balances
$
97,343,638.07
Pledged Collateral for City
116,609,270.09
FDIC Insurance
250,000.00
Total Collateral
$
116,859,270.09
Over (Under) Collateralized
$
19,515,632.02
Total % Collateralized
120.0%
Bank
Account Number
Account Name
0
Wells Fargo
100-7284258
Development Authority
1,478,142.00
Total of Bank Balances
$
1,478,142.00
Pledged Collateral for DAP
1,905,479.51
FDIC Insurance
250,000.00
Total Collateral
$
2,155,479.51
Over (Under) Collateralized
$
677,337.51
Total % Collateralized
145.8%
Total $ Over (Under) Collateralized
$
20,192,969.53
Total % Collateralized
120.4%
Status Collateralized
hInvestments\Investment Reports\TIRZ\Investment Report - TIRZ - Qtr 0311