Loading...
R2011-103 - 2011-09-12 RESOLUTION NO. R2011 -103 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, ACCEPTING THE CITY'S INVESTMENT REPORT FOR THE QUARTER ENDING JUNE 2011. 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 June 2011. PASSED, APPROVED, AND ADOPTED this 12 day of September, A.D., 2011. p, TOM REID MAYOR ATTEST: YOi G LOI r , C �- CI ' � F SEC " TARP :3"., " %e/'' APPROVED AS TO FORM: DARRIN M. COKER CITY ATTORNEY r n _.v ,. ... 6„a' ` ;�9„ City of Pearland ..1. ,z P mr=..', 1 Quarterly Investment Report pEA"'`_ ptil March 31 2011 -June 30 2011 v 4 Q X AS 1 ! Portfolio at March 31,2011 Portfolio at June 30,2011 Ending Book Value $ 107,742,270.36 Ending Book Value $ 95,406,393.48 Ending Market Value 107,736,227.06 Ending Market Value 95,450,275.50 Accrued Interest Receivable 63,337.91 Accrued Interest Receivable 83,772.20 FYD Total Interest Earned 126,188.60 FYD Total Interest Earned 182,028.05 Unrealized Gain/(Loss) (6,043.30) Unrealized Gain/(Loss) 43,882.02 Change in Unrealized Gain/Loss (5,227.31) Change in Unrealized Gain/Loss 49,925.32 Weighted Average Maturity 89 Days Weighted Average Maturity 124 Days i Change in Market Value (11,172,775.97) Change in Market Value (12,285,951.56) Yield to Maturity at Cost 0.24% Yield to Maturity at Cost 0.22% T-Bill Benchmark 0.26% T-Bill Benchmark 0.19% Agency Note Benchmark 0.13% Agency Note Benchmark 0.05% Average for Quarter City's Yield to Maturity 0.22% 1 Year T-Bill Benchmark Yield. 0.19% Agency Note Benchmark Yield 0.06% 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: .'"--- 2P,K---1,..._"L_ 13Yr�� Claire Bogard Rick ga d Fatima Uwakwe Director of Finance Assistant Director of Finance Senior Accountant Summary by Type June 30,2011 Description Face Amount\Shares Cost Value Book Value Market Value YTM @ Cost Days To Maturity Cash $ 65,875,472.26 $ 65,875,472.26 $ 65,875,472.26 $ 65,875,472.26 0.10% 1 MM 301,099.04 301,099.04 301,099.04 301,099.04 0.10% 1 FFCB 2,000,000.00 1,999,500.00 1,999,544.51 2,004,846.00 0.75% 668 FHLB 12,000,000.00 12,294,342.33 12,193,341.39 12,209,013.00 0.50% 334 FHLMC 4,000,000.00 4,050,708.41 4,035,593.23 4,035,690.00 0.38% 407 FNMA 11,000,000.00 11,007,907.94 11,001,343.05 11,024,155.20 0.52% 433 Total/Average $ 95,176,571.30 $ 95,529,029.98 $ 95,406,393.48 $ 95,450,275.50 0.22% 124 Group Portfolio Holdings Book Value by Maturity by Type 70,000,000 FNMA 12% 60,000,000 — FHLMC 4% 50,000,000 FHLB 13% 40,000,000 30,000,000 — FFCB 2% MM 20,000,000 0% 10,000,000 -- -- --- Cash 69% —T , --- 1-30 Days 31-60Days 61•90Days yl•120... 1Zl_180...,180Days Interekr des Dale lam 3 mo 6 mo lit 2.3ff 3i.t Sit lit 14.YL 2 LY[ nit 3/31/2011 0.05 0.09 0.17 0.30 0.80 1.29 2.24 2.90 3.47 4.29 4.51 6/30/2011 0.01 0.03 0.10 0.19 0.45 0.81 1.76 2.50 3.18 4.09 4.38 Yield Curve Comparison s.00 4.50 .•.- 4.00 3.50 .. ,, 3.00 .- -- ,^qn . 2.50 , City's Weightod Avg Vleld.22% y' 2.00 ", 124 pay Average Maturity ii :eW 1.50 { I 1.00 { 1-, 4e 0.50 4 0.00 I 1 mo 3 mo 6 mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yr t3/31/2011 - 1-6/30/2011 Portfolio vs. Benchmarks 0.35% __.-...__, 0.30% II 0.25%. 0.20% ii 11 ,,,-sue,. 0 15% • ... ; �r erw, ..._ _, I 0.009' f.. ....x...s..a.au.y.u.,,.,a.....JC...1.L4li' ::iw ::....u.a..Y.:r.i.t....:7.:- --,...w...,a..u... ,1:. -. _ _- Oct-10 Nov-10 Dec-10 Jan-11 Feb-li Mar-11 Apr-il May-11 Jun-11 -0-Port Total --it-1 Yr T-Bill e-Agency Note City of Pearland Quarterly Investment Report Beg to End Report Format:By CUSIP Group By:Security Type Portfolio/Report Group:Report Group:Pearland Begin Date:3/31/2011,End Date:6/30/2011 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 10: General N/A 0.16 14,419,862.75 4,943.52 3,733,270.60 0.00 D.00 10,691,535.67 4,943.52. Sweep Cash Fund Wells Fargo 17: Municipal Sweep Cash WFSWEEP Court N/A 0.12 135,930.64 8,034.46 6,253.27 0.00 0.00 137,711.63 43.44 Security Wells Fargo 18: City WFSWEEP Wide N/A 0.12 58,610.31 3,027.56 0.00 0.00 0.00 61,637.87 18.58 Sweep Cash Donation Wells Fargo WFSWEEP 19: Court N/A 0.12 204,605.20 14,626.29 0.00 0.00 0.00 219,231.49 65.97 Sweep Cash Technology Wells Fargo WFSWEEP 20: Debt N/A 0.12 11,790,606.89 1,125,744.26 3,651,682.68 0.00 0.00 9,264,668.47 3,173.07 Sweep Cash Services 23:Court Wells Fargo Sweep CashWFSWEEP Juvenile N/A 0.12 17,957.11 10,662.58 9,859.15 0.00 0.00 18,760.54 7.26 Mgmt Wells Fargo WFSWEEP 30:Water& N/A 0.12 6,958,354.49 1,750,053.92 66,403.78 0.00 0:00 8,642,004.63 2,378.73 Sweep Cash Sewer Wells Fargo WFSWEEP 31: N/A 0.11 226,148.55 28,466.89 123,375.71 0.00 0.00 131,239.73 45.25 Sweep Cash Solidwaste Wells Fargo 35:Street 1, Sweep Cash WFSWEEP Assessment N/A 0.12 547,021.69 168.89 0.00 0.00 0.00 547,190.58 168.89 Wells Fargo WFSWEEP 42: Utility N/A 0.11 7,027,460.46 1,424.49 5,233,962.97 0.00 0.00 1,794,921.98 1,424.49 •Sweep Cash Impact Fee Wells Fargo WFSWEEP 43: Regional N/A 0.12 4,036.99 1.23 0.00 0.00 0.00 4,038.22 1.23 Sweep Cash Detention 44:Shadow Wells Fargo Sweep Cash WFSWEEP Creek N/A 0.12 1,679,798.59 83,902.08 488,214.50 0.00 0.00 1,275,486.17 498.08 Impact Wells Fargo 45: Sweep Cash WFSWEEP Hotel/Motel N/A 0.12 1,246,942.07 71,245.11 65,514.27 0.00 0.00 1,252,672.91 396.84 Occupancy Wells Fargo WFSWEEP 46:Park N/A 0.13 53,487.44 12,634.41 2,954.84 0.00 0.00 63,167.01 17.27 Sweep Cash Donations 47: Park& Wells Fargo . Sweep CashWFSWEEP Rec N/A 0.12 1,141,243.35 348.46 41,297.50 0.00 0.00 1,100,294.31 348.46 Development 1 of 5 r Portfolio Maturity Annualized Amortized Amortized Investment Description CUSIP/Tkker Name Date TRR-BV Beginning BV Buy Principal Sell Principal Discount Premium Ending BV Income-BV Wells Fargo WFSWEEP 49:Tree N/A 0.12 9,658.22 2.96 0.00 0.00 0.00 9,661.18 2.96 Sweep Cash Trust Fund Wells Fargo WFSWEEP 50:Capital N/A 0.13 3,886,326.12 851,639.53 218,286.23 0.00 0.00 4,519,679.42 1,210.97 Sweep Cash Projects Wells Fargo WFSWEEP 55: Sidewalk N/A 0.12 213,318.09 5,869.54 0.00 0.00 0.00 219,187.63 ' 66.34 Sweep Cash Fund Wells Fargo 60: Police Sweep Cash WFSWEEP State N/A 0.12 160,452.07 12,362.68 6,487.00 0.00 0.00 166,327.75 50.26 Seizure Wells Fargo WFSWEEP 62: Federal N/A 0.12 24,637.59 7.59 0.00 0.00. 0.00 24,645.18 7.59 Sweep Cash Police Fund Wells Fargo 64: 1998 Sweep Cash WFSWEEP Cert of N/A 0.12 947,140.98 290.16 7,368.00 0.00 0.00 940,063.14 290.16 Obligation 67:2003 Wells Fargo Sweep Cash WFSWEEP Revenue N/A 0.12 7,497,950.96 834,421.83 145,029.67 0.00 0.00 8,187,343.12 2,350.63 Bonds Wells Fargo 68: 2001 Sweep Cash WFSWEEP Cert of N/A 0.12 3,577,257.15 1,088.78 160,414.71 0.00 0.00 3,417,931.22 1,088.78 Obligation 69:2001 Wells Fargo WFSWEEP W&S N/A 0.00 8,294,396.50 0.00 8,294,396.50 0.00 0.00 0.00 0.00 Sweep Cash Revenue Bond Wells Fargo 70: 2005 Sweep Cash WFSWEEP Refunding/ N/A 0.14 0.00 7,637,103.79 3,231,641.46 0.00 0.00 4,405,462.33 2,077.63 Mobility •Wells Fargo WFSWEEP 95: Property N/A 0.13 190,178.55 2,586.65 336,410.15 0.00 0.00 -143,644.95 23.05 Sweep Cash Liabillty Wells Fargo 97: Sweep CashWFSWEEP Employee N/A 0.13 64,407.57 32,943.58 0.00 0.00 0.00 97,351.15 28.26 Benefit Trust Wells Fargo .99: COP Sweep Cash WFSWEEP Health N/A 0.00 47,070.50 198,249.91 184,282.25 0.00 0.00 61,038.16 0.00 Claims Fund Wells Fargo WFSWEEP Z101:Grant N/A 0.00 -46,878.40 0.00 27,944.60 0.00 0.00 -74,823.00 0.00 'Sweep Cash Fund Wells Fargo WFSWEEP 2106:2006 N/A -0:80 -4,606.16 4,794.80 0.00 0.00 0.00 188.64 1.10 Sweep Cash CDBG Fund Wells Fargo WFSWEEP Z107:2009 N/A 0.00 -11,039.14 9,574.34 9,700.00 0.00 0.00 -11,164.80' 0.00 Sweep Cash CDBG Fund Wells Fargo WFSWEEP Z108:2010 N/A 0.00 =25,587.08 25,587.08 30,113.07 0.00 0.00 -30,113.07 0.00 Sweep Cash CDBG Fund 2 of 5 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 Wells Fargo ZI16:CDBG Sweep Cash WFSWEEP Recovery N/A 0.01 11,114.25 0.15 9,207.00 0.00 0.00 1,907.40' 0.15 Fund Wells Fargo WFSWEEP Z120: Mgmt N/A 0.10 947.65 0.12 947.77 0.00 0.00 0.00 0.12 Sweep Cash District 1 Wells Fargo WFSWEEP Z140: U of H N/A 0.12 20,159.87 20,880.96 9,551.41 0.00 0.00 31,489.42 7.41 Sweep Cash Fund Z150: Wells.Fargo Sweep Cash WFSWEEP Hurricane IKE N/A 0.00 11.35 0.00 0.00 D.00 0.00 11.35 0.00 . Proj Z200: 2006 Wells Fargo Sweep Cash WFSWEEP Cert of N/A 0.12 3,409,216.08 857.19 755,094.68 D.00 0.00 2,654,978.59 857.19 Obligation Wells Fargo Z201:2007 Sweep Cash WFSWEEP Cert of N/A 0.12 1,549,430.66 476.15 8,275.94 0.00 0.00 1,541,630.87 476.15 Obligation Wells Fargo Z202: Sweep Cash WFSWEEP 2007A Gen N/A 0.14 1,007,034J1. 3,262,332.74 831,847.98 0.00 0.00. 3,437,519.47 1,176.34 Obligation Wells Fargo Z203:2009 Sweep CashWFSWEEP Gen N/A 0.03 3,81.3,106.74 668,905.32 4,480,111.71 0.00 0.00 1,900.35 32.60 Obligation Wells.Fargo Z301:W/S Sweep Cash WFSWEEP Pay As U Go N/A 0.12 1,229,458.14 375.89 17,493.73 0.00 0.00 1,212,340.30 375.89 CIP Sub Total/Average 0.13 81,377,229.50 16,685,635.89 32,187,393.13 0.00 0.00 65,875,472.26 23,654;66 Cash FFCB BOND FFCB 0.75 31331K3Q4 10: General 5/2/2013 0.75 0.00 1,000,000.00 0.00 0.00 0.00 1,000,000.00 1,208.33 5/2/2013 Fund FFCB 0.72 20': Debt 4/25/2013 11 31331K3C5 Services 4/25/2013 0.75 0.00 999,500.00 0.00 44.51 0.00 999,544.51 1,324.51 Sub 'Total/Average 0.75 0.00 1,999,500.00 0.00 44.51 0.00 1,999,544.51 2,532.84 FFCB Bond FHLB BOND FHLB 3.625 3133XQU34 10:General 5/29/2013 0.41 0.00 1,061,320.00 0.00 0.00 -2,556.55 1,058,761.45 361.59 5/29/2013' Fund FHLB 2 3133XUK93 10:General: 9/14/2012 0.62' 1,019,821.89 0.00 0.00 0:00 -3,373.14 1,016,448.75 1,571.31 9/14/2012 Fund 3 of 5 , i' 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 FHLB 3.25 31331YC24 30:Water& 4/9/2012 0.48 1,027,920.36 0.00 .0.00 0.00 -6,809.84 1,021,110.52 1,224.88 4/9/2012 Sewer FHLB 3.625 3Q'33XQU34 30:Water& 5/29/2013 0.41 0.00 1,061,320.00 0.00 0.00 -2,558.55 1,058,761.45 361.59 ' 5/29/2013 Sewer FHLB 1.375 3133XWKU2 30:Water& 6/8/2012 0.45 1,010,804.77 0.00 0.00 0.00 -2,252.05 1,008,552.72 1,147.26 6/8/2012 Sewer FHLB 0.875 3133XYWB7 30:Water& 8/22/2012 0.59 1,003,804.23 0.00 0.00 0.00 -675.80 1,003,128.43 1,487.39 8/22/2012 Sewer FHLB 0.625 3133703Y2 42:Utility 1/12/2012 0.62 1,000,000.00 0.00 0.00 0.00 0.00 1,000,000:00 1,545.14 1/12/2012 Impact Fee FHLB 0.42 313372388 42:Utility 4/13/2012 0.42 1,000,000.00 0.00 0.00 0.00 0.00 1,000,000.00 1,038.33 4/13/2012 .Impact Fee FHLB 3.25 3133XPC51 42: Utility 3/9/2012 0.44 1,026,033.22 0.00 0.00 0.00 -6,911.47 1,019,121.75 1,123.25 3/9/2012 Impact Fee FHLB 0.4 313371YD2 50: Capital - 12/20/2011 0.40 1,000,000.00 0.00 1,000,000.00 0.00 0.00 0.00 877.78 12/20/2011-11 Projects FHLB 0.42 70: 2005 4/13/2 2 3133723B8 Refunding/ 4/13/2012 0.42 1,000,000.00 0.00 0.00 0.00 0.00 1,000,000.00 1,038.33 Mobility FHLB 3.75 70: 2005 9/9/20113133XRY46 Refunding/ 9/9/2011 0.27 1,015,180.41 0.00 0.00 0.00 -8,592.69 1,006;587.72 678.14 Mobility FHLB 1.625 70:2005 7/27/2011623133XTXH4 Refunding/ 7/27/2011 0.45 1,003,763.95 0.00 0.00 0.00 -2,895.35 1,000,868.60 1,122.01 Mobility FHLB 0.85 70:2005 5/4/20113133XVLE9 Refunding/ 5/4/2011 0.49 1,000,319.45 0.00 1,000,000.00 0.00 -319.45 0.00 459.72 Mobility FHLB'0.4 Z203:2009 12/20/2011 11 313371YD2 Gen 12/20/2011 0.40 1,000,000.00 0.00 1,000,000.00 0.00 0.00 0.00 877.78 Obligation Sub Total/Average 0:46 13,107,648.28 2,122,640.00 3,000,000.00 0.00 -36,946.89 12,193,341.39 14,914.50 FHLB Bond FHLMC BOND FHLMC 0.75 3134G1P65, 42:Utility: 12/28/2012 0.00 0.00 2,009,440.00 0.00 0.00 0.00 2,009,440.00 0.00 12/28/2012 'Impact Fee FHLMC 2.125 3137EABY4 42: Utility 3/23/2012 0.33 1,017,501.79 0.00 0.00 0.00 -4,425.17 1,013,076.62 828.30 3/23/2012 Impact Fee FH C'LM 2.125 70:2005 3/23/20123137EA8Y4 Refunding/ 3/23/2012 0.33 1,017,501.78 0.00 0.00 0.00 -4,425.17 1,013,076.61 828.30 Mobility 4•of 5 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 Sub Total/Average 0.33 2,035,003.57 2,009,440.00 0.00 0.00 -8,850.34 4,035,593.23 1,656.60 FHLMC Bond FNMA BOND FNMA 0.5 31398A4T6 10:General 10/30/2012 0.63 1,996,097.64 0.00 0.00 616.16 0.00 1,996,713.80 3,116.16 10/30/2012 Fund FNMA 1.08 31398AK50 10:General 3/30/2012 0.39 1,006,905:02 0.00 0.00 0.00 -1,711.83 1,005,193.19 988.17 3/30/2012 Fund FNMA 1.375 10:General 31398AWQ1 4/28/2011 0.51 1,000,635.08 0.00 1,000,000.00 0.00 -635.08 0.00 396.17 4/28/2011 Fund FNMA 0.375 31398A6F4 20:Debt 12/28/2012 0.65 995,074.87 0.00 0.00 699.10 0.00 995,773.97 1,626.18 12/28/2012 Services FNMA 1.375 31398AWQ1 20: Debt 4/28/2011 0.51 1,000,635.08 0.00 1,000,000.00 0.00 -635.08 0.00 396.17 4/28/2011 Services FNMA 0.5 3139BA4T6 30:Water& 10/30/2012 0.63 998,048.82 0.00 0.00 308.08 0.00 998,356.90 1,556.08 10/30/2012 Sewer FNMA 0.375 • 31398A6F4 30:Water& 12/28/2012 0.65 995,074.87 0.00 0.00 699.10 0.00 995,773.97 1,626.18 12/28/2012 Sewer FNMA 0.875 31398A843 30:Water.& 1/12/2012 0.32 1,004,321.73 0.00 0.00 0.00 -1,368.80 1,002,952.93 794.39 1/12/2012 Sewer FNMA 1.08 31398AK50 30:Water& 3/30/20.12 0:39 1,006,905.02 0.00 0.00 0.00 -1,711.83 1,005,193.19 988.17 3/30/2012. Sewer FNMA 0.5 31398A4T6 42: Utility 10/30/2012 0.63 998,048.82 0.00 0.00 308.08 0.00 998,356.90 1,558.08 10/30/2012 Impact Fee FNMA 0.5 70:2005 10/30/2012NMA 3136FPUC9 Refunding/ 10/30/2012 0.00 0.00 2,003,028.20 0.00 0.00 0.00 2,003,028.20 0.00 Mobility Sub Total/Average 0.54 11,001,746.95 2,003,028.20 2,000,000.00 2,630:52 -6,062.62 11,001,34,3.05 13,047. FNMA Bond • MONEY MARKET 99: COP Wells Fargo MM WF9871 Health N/A 0.05 220,642.06 569,768.90 489,311.92 0.00 0.00 301,099.04 33.10 Claims Fund Sub Total/Average 0.05 220,642.06. 569,768.90 489,311.92 0.00 0.00 301,099.04 33.10 Money Market Total / 0.22 107,742,270.36 25,390,012.99 37,676,705.05 2,675.03 -51,859.85 95,406,393.48 55,839.45 Average 5 of 5 City of Pearland City of Pearland by Fund Report Format: By Transaction Group By: Portfolio Name Portfolio/Report Group: Report Group: Pearland As of 6/30/2011 Security Settlement Face YTM @ Maturity Days,To %of Description CUSIP/Ticker Type Date Amount/Shares Book Value Market Value Cost Date, Maturity Portfolio 10: General Fund Wells Fargo Sweep WFSWEEP Cash 5/31/2006 10,691,535.67 10,691,535.67 10,691,535.67 0.10000 N/A 1 11.19 Cash FNMA 1.08 31398AK50 FNMA Bond 12/10/2010 1,000,000.00 1,005,193.19 1,005,442.00 0.38509 3/30/2012 274 1.05 3/30/2012 FNMA 0.5 31398A4T6 FNMA.Bond 3/30/2011 2,000,000.00 1,996,713.80 2,003,260.00 0.62402 10/30/2012 488 2.09 10/30/2012 FHLB 3.625 3133XQU34 FHLB Bond 5/31/2011 1,000,000.00 1,058,761.45 1,059,340.00 0.53011 5/29/2013 699 1.05 5/29/2013 FHLB 2,9/14/2012 3133XUK93 FHLB Bond 2/22/2011 1,000,000.00 1,016,448.75 1,019,619.00 0.62617 9/14/2012 442 1.05 FFCB 0.75 5/2/2013 31331K3Q4 FFCB Bond 5/2/2011 1,000,000.00 1,000,000.00 1,004,534.00 0.75000 5/2/2013 672 1.05 Sub Total / 16,691,535.67 16,768,652.86 16,783,730.67 0.27610 184 17.46 Average 17: Municipal Court Security Wells Fargo Sweep WFSWEEP Cash 5/31/2006 137,711.83 137,711.83 137,711.83 0.10000 N/A 1 0.14 Cash Sub Total / 137,7.11.83 137,711.83 137,711.83 0.10000 1 0.14 Average 18:City Wide Donation Wells Fargo Sweep WFSWEEP Cash 5/31/2006 61,637.87 61,637.87 61,637.87 0.10000 N/A 1 0.06 Cash Sub Total / 61,637.87 61,637.87 61,637.87 0.10000 1 0.06 Average 19: Court Technology Wells Fargo Sweep WFSWEEP Cash 5/31/2006 219,231.49 219,231.49 219,231.49 0.10000 N/A 1 0.23 Cash Sub Total / 219,231.49 219,231.49 219,231.49 0.10000 1 0.23 Average 20: Debt Services Page 1 of 8 Security Settlement Face YTM @ Maturity Days To %of Description CUSIP/Ticker Type Date Amount/Shares Book Value Market Value Cost Date Maturity Portfolio Wells Fargo Sweep WFSWEEP Cash 5/31/2006 9,264,668.47 9,264,668.47 9,264,668.47 0.10000 N/A 1 9.69 Cash FNMA 0.375 31398A6F4 FNMA Bond 1/28/2011 1,000,000.00 995,773.97 1,000,228.00 0.66003 12/28/2012 547 1.05 12/28/2012 FFCB 0.72 31331KJC5 FFCB Bond 4/26/2011 1,000,000.00 999,544.51 1,000,312.00 0.74531 4/25/2013 665 1.05 4/25/2013-11 Sub Total / 11,264,668.47 11,259,986.95 11,265,208.47 0.20700 108 11.79 Average 23:Court Juvenile Mgmt Wells Fargo Sweep WFSWEEP Cash 9/15/2009 18,760.54 18,760.54 18,760.54 0.10000 N/A 1 0.02 Cash Sub Total/ 18,760.54 18,760.54 18,760.54 0.10000 1 0.02 Average 30:Water&Sewer Wells Fargo Sweep WFS.WEEP Cash 5/31/2006 8,642,004.63 8,642,004.63 8,642,004.63 0.10000 N/A 1 9.04 Cash FNMA 1.08 31398AK50 FNMA Bond 12/10/2010 1,000,000.00 1,005,193.19 1,005,442.00 0.38509 3/30/2012 274 1.05 3/30/2012 FNMA 0.875 31398AB43 FNMA Bond 1/18/2011 1,000,000.00 1,002,952.93 1,003,267.00 0.32002 1/12/2012 196 1.05 1/12/2012 FNMA 0.5 31398A4T6 FNMA Bond 3/30/2011 1,000,000.00 998,356.90 1,001,630.00 0.62402 10/30/2012 488 1.05 10/30/2012 FNMA 0:375 31398A6F4 FNMA Bond 1/28/2011 1,000,000.00 995,773.97 1,000,228.00 0.66003 12/28/2012 547 1.05 12/28/2012 FHLB 1625 3133XQU34 FHLB Bond 5/31/2011 1,000,000.00 1,058,761.45 1,059,340.00 0.53011 5/29/2013 699 1.05 5/29/2013 FHLB 3.25 4/9/2012 31331YC24 FHLB Bond 8/31/2010 1,000,000.00 1,021,110.52 1,022,708.00 0.50658 4/9/2012 284 1.05 FHLB 1.375 3133XWKU2 FHLB Bond 1/18/2011 1,000,000.00 1,008,552.72 1,009,824.00 0.46004 6/8/2012 344 1.05 6/8/2012 FHLB 0.875 3133XYWB7 FHLB Bond 2/22/2011 1,000,000.00 1,003,128.43 1,005,935.00 0.60004 8/22/2012 419 1.05 8/22/2012 Sub Total/ 16,642,004.63 16,735,834.74 16,750,378.63 0.29745 196 17.41 Average 31:Solldwaste Wells Fargo Sweep WFSWEEP Cash 12/1/2006 131,239.73 131,239.73 131,239.73 0.10000 N/A 1 0.14 Cash Page 2.of8 ( ,2 ._ Security Settlement Face YTM @ Maturity Days To _ %of Description CUSIP/Ticker Type Date Amount/Shares Book Value Market Value Cost Date Maturity Portfolio Sub Total/ 131,239.73 131,239.73 131,239.73 0.10000 1 0.14 Average .. . 35:Street Assessment Wells Fargo Sweep WFSWEEP Cash 5/31/2006 547,190.58 547,190.58 547,190.58 0.10000 N/A 1 0.57 Cash Sub Total/ 547,190.58 547,190.58 547,190.58 0.10000 1 0.57 Average 42:Utility Impact Fee Wells Fargo Sweep WFSWEEP Cash 5/31/2006 1,794,921.98 1,794,921.98 1,794,921.98 0.10000 N/A 1 1.88 Cash FNMA 0.5 10/30/2012 31398A4T6 FNMA Bond 3/30/2011 1,000,000.00 998,356.90 1,001,630.00 0.62402 10/30/2012 488 1.05 FHLMC'2.125 3137EABY4 FHLMC Bond 1/28/2011 1,000,000.00 1,013,076.62 1,013,125.00 0.33000 3/23/2012 267 1.05 3/23/2012 FHLMC 0.75 3134G1P65 FHLMC Bond, 6/30/2011 2,000,000.00 2,009,440.00 2,009,440.00 0.43281 12/28/2012 547 2.09 12/28/2012 FHLB 3.25 3/9/2012 3133XPCS1 FHLB Bond 8/31/2010 1,000,000.00 1,019,121.75 1,020,331.00 0.46722 3/9/2012 253 1.05 FHLB 0.625 3133703Y2 FHLB Bond 7/9/2010 1,000,000.00 1,000,000.00 1,002,178.00 0.62500 1/12/2012 196 1.05 1/12/2012 FHLB 0.42 3133723B8 FHLB Bond 12/15/2010 1,000,000.00 1,000,000.00 1,000,902.00 0.42000 4/13/2012 288 1.05 4/13/2012 Sub Total/ 8,794,921.98 8,834,917.25 8,842,527.98 0.39925 294 9.20 Average 43: Regional Detention Wells Fargo Sweep WFSWEEP Cash 5/31/2006 4,038.22 4,038.22 4,038.22 0.10000 N/A 1 0.00 Cash Sub Total/ 4,038.22 4,038.22 4,038.22 0.10000 1 0.00 Average 44: Shadow Creek Impact' Wells Fargo Sweep WFSWEEP Cash 5/31/2006 1,275,486.17 1,275,486.17 1,275,486.17 0.10000 N/A 1 1.33 Cash Sub Total/ 1,275,486.17 1,275,486.17 1,275,486.17 0.10000 1 1.33 Average - . . . 45: Hotel/Motel Occupancy Page 3 of 8 Security Settlement Face YTM @ Maturity Days To Wo of Description CUSIP/Ticker Type Date Amount/Shares Book Value Market Value Cost Date Maturity Portfolio Wells Fargo Sweep WFSWEEP Cash 5/31/2006 .1,252,672.91 1,252,672.91 1,252,672.91 0.10000 N/A 1 1.31 Cash Sub Total'/ 1,252,672.91 1,252,672.91 1,252,672.91 0.10000 1 1.31 Average. 46: Park Donations Wells Fargo Sweep. WFSWEEP Cash 5/31/2006 63,167.01 63,167.01 63,167.01 0.10000 N/A 1 0.07 Cash Sub Total/ 63,167.01 63,167.01 63,167.01 0.10000 1 0.07 Average 47: Park&Rec Development Wells Fargo Sweep WFSWEEP Cash 5/31/2006 1,100,294.31 1,100,294.31 1,100,294.31 0.10000 N/A 1 1.15 Cash Sub Total/ 1,100,294.31 1,100,294.31 1,100,294.31 0.10000 1 1.15 Average 49:Tree Trust Fund Wells Fargo Sweep WFSWEEP Cash 5/31/2006 9,661.18 9,661.18 9,661.18 0.10000 N/A 1 0.01 Cash Sub Total/ 9,661.18 9,661.18 9,661.18 0.10000 1 0.01 Average - 50: Capital Projects Wells Fargo Sweep WFSWEEP Cash 5/31/2006 4,519,679.42 4,519,679.42 4,519,679.42 0.10000 N/A 1 4.73 Cash Sub Total/ 4,519,679.42 4,519,679.42 4,519,679.42 0.10000 1 4.73 Average 55: Sidewalk Fund Wells Fargo Sweep WFSWEEP Cash 5/31/2006 219,187.63 219,187.63 219,187.63 0.10000 N/A 1 0.23 Cash Sub Total/ 219,187.63 219,187.63 219,187.63 0.10000 1 0.23 Average 60: Police State Seizure �T Wells Fargo Sweep WFSWEEP Cash 5/31/2006 166,327.75 166,327.75 166,327.75 0.10000 N/A 1 0.17 Cash Sub Total/ 166,327.75 166,327.75 166,327.75 0.10000 1 0.17 Average Page 4of8 f. Security Settlement Face YTM @ Maturity Days To Woof Description CUSIP/Ticker Type Date Amount/Shares Book Value Market Value Cost Date Maturity Portfolio f 62: Federal Police Fund Wells Fargo Sweep WFSWEEP Cash 5/31/2006 24,645.18 24,645.18 24,645.18 0.10000 N/A 1 0.03 Cash Sub Total/ 24,645.18 24,645.18 24,645.18 0.10000 1 0.03 Average 64: 1998 Cert of Obligation Wells Fargo Sweep WFSWEEP Cash 5/31/2006 940,063.14 940,063.14 940,063.14 0.10000 N/A 1 0.98 Cash Sub Total./ 940,063.14 940,063.14 940,063.14 0.10000 1 0.98 Average 67: 2003 Revenue Bonds Wells Fargo Sweep WFSWEEP Cash 5/31/2006 8,187,343.12 8,187,343.12 8,187,343.12 0.10000 N/A 1 8.57 Cash Sub Total / 8,187,343.12 8,187,343.12 8,187,343.12 0.10000 1 8.57 Average 68: 2001 Cert of Obligation , Wells Fargo Sweep WFSWEEP Cash 5/31/2006 3,417,931.22 3,417,931.22 3,417,931.22 0.10000 N/A 1 3.58 Cash Sub Total / 3,417,931.22 3,417,931.22 3,417,931.22 0.10000 1 3.58 Average 70:2005 Refunding/ Mobility Wells Fargo Sweep WFSWEEP Cash 5/31/2006 4,405,462.33 4,405,462.33 4,405,462.33 0.10000 N/A 1 4.61 Cash FNMA 0.5 3136FPUC9 FNMA Bond. 6/30/2011 2,000,000.00 2,003,028.20 2,003,028.20 0.38604 10/30/2012 488 2.09 10/30/2012 FHLMC-2.125 3137EABY4 FHLMC Bond 1/28/2011 1,000,000.00 1,013,076.61 1,013,125.00 0.33005 3/23/2012 267 1.05 3/23/2012. FHLB 3.75 9/9/2011 3133XRY46 FHLB Bond 8/31/2010 1,000,000.00 1,006,587.72 1,006,833.00 0.29579 9/9/2011 71 1.05 FHLB 1_.625 3133XTXH4 FHLB Bond 6/30/2010 1,000,000.00 1,000,868.60 1,001,101.00 0.46257 7/27/2011 27 1.05 7/27/2011 FHLB 0.42 3133723B8 FHLB Bond 12/15/2010 1,000,000.00 1,000,000.00 1,000,902.00 0.42000 4/13/2012 288 1.05 4/13/2012 Sub Total/ 10,405,462.33 10,429,023.46 10,430,451.53 0.26150 157 10.89 Average Page of 8 ` Security Settlement Face YTM @ maturity Days To 0/0 o f Description cmszp/ricuer Type mate Amount/Shares Book Value Market Value Cost mate Maturity Portfolio gs:Property Liability Wells Fargo,Sweep vvpswssp cosh 10/31/2006 '1*3'6*4.9s 143'6*4ys '143'6*4y5 0.10000 N/A 1 '0.15 Cash Sub Total -143,64*'e5 '143'644.e5 -143'644.95 0.10000 / -0.15 Average 97' Employee Benefit Trust Wells Fargo Sweep vvpswssr cosh 9y1/2007 '97,351.15 97,351.15 97,351.15 0.10000 m/» 1 o.z» Cash Sub Total 97,3 1.1 5 e7,3 z.1s e7,3 o5 0.10000 / 0.:0 uxoraom ee:COP Health Claims Fund Wells Fargo-Sweep WFSwEEP Cash 9/15/2010 61'038.16 61,038.16 61,038.16 0.10000 N/A 1 0.06 Cash Wells Fargo,MM wr987i """ev 7/21|2010 701,099.04 701'099.0* 701,099.0* 0.10000 N/A z 0.73 Market Sub Total/ 762,137.20 762,137.20 7e2,137'20 m'zomom / m'mm Average -_-_-_'_''_-_-_____-___ Z1oi'Grant Fund Wells Fargo Sweep wrswssp Cash s/oz/anoo '/4,823.00 '74,823.00 '74,823.00 0.10000 N/A 'o.ou Cash Sub Total 774,823c00 -74,823.00 -74,823.00 0'10000 1 -a'oo Average o106, noomoomm ponm Wells Fargo Sweep wpswss, cuso 3/15/2009 188.*4 188.*4 188.e4 0.10000 N/A z 0.00 ons» Sub Total 188.64 188.64 188.64 0.10000 | m'oo un*,00m Z1omzooeC000Fund Wells ra"nnSweep wpswssp ca«o zz/z/aon* '11'164.80 'zz'z*o.uo '11'16*.80 0.10000 N/A z '0.01 Cash eubTnto// -14164.80 '11,164.80 '11^164.e0 0'10000 / -0'01 Average - -------- -----'------------- --- - ------------------- - ------- - ----------------------- a1om' om1ocoaoFund 9uoe 6of8 f Security Settlement Face YTM @ Maturity. Days To %of Description CUSIP/Ticker Type Date Amount/Shares Book Value Market Value Cost Date Maturity Portfolio Wells Fargo Sweep WFSWEEP Cash 11/1/2010 -30,113,07 -30,113.07 -30,113.07 0,10000 N/A 1 -0.03 Cash Sub Total/ -30,113.07 -30,113.07 -30,113.07 0.10000 1 -0.03 Average Z116:CDBG Recovery Fund Wells Fargo Sweep WFSWEEP Cash 7/31/2609 1,907.40 1,907.40. 1,907.40 0.10000 N/A 1 0.00 Cash Sub Total/ 1,907.40 1,907.40 1,907.40 0.10000 1 0.00 Average 2140: U of H Fund Wells Fargo Sweep WFSWEEP Cash 12/1/2009 31,489.42 31,489.42 31,489.42 0.10000 N/A 1 0.03 Cash Sub Total/ 31,489.42 31,489.42 31,489.42 0.10000 1 0.03 Average Z150: Hurricane IKE Proj Wells Fargo Sweep WFSWEEP Cash 10/31/2008 11.35 11.35 11.35 0.10000 N/A 1 0.00 Cash Sub Total / 11.35 11.35 11.35 0.10000 1 0.00 Average Z200: 2006 Cert of Obligation - Y Wells Fargo Sweep WFSWEEP Cash 6/30/2006 2,654,978.59 2,654,978.59 2,654,978.59 0.10000 N/A 1 2.78 Cash Sub Total/ 2,654,978.59 2,654,978.59 2,654,978.59 0.10000 1 2.78 Average Z201: 2007 Cert of Obligation Wells Fargo Sweep WFSWEEP Cash 8/31/2006 1,541,630.87 1,541,630.87 1,541,630.87 0.10000 N/A 1 1.61 Cash Sub Total/ 1,541,630.87 1,541,630.87 1,541,630.87 0.10000 1 1.61 Average Z202: 2007A Gen Obligation Wells Fargo Sweep WFSWEEP Cash 12/31/2007 3,437,519.47 3,437,519.47 3,437,519.47 0.10000 N/A 1 3.60 Cash Sub Total/ 3,437,519.47 3,437,519.47 3,437,519.47 0.10000 1 3.60 Average Page 7 of 8 ( -' Security Settlement Face YTM.@ Maturity Days To %of Description CUSIP/Ticker Type Date Amount/Shares Book Value Market Value Cost. Date Maturity Portfolio Z203: 2009 Gen Obligation Wells Fargo Sweep WFSWEEP Cash 10/30/2008 1,900.35 1,900.35 1,900.35 0.10000 N/A 1 0.00 Cash Sub Total / 1,900.35 1,900.35 1,900.35 0.10000 1 0.00 Average - - . --- -- 'Z301:W/S Pay As U Go CIP Wells Fargo Sweep WFSWEEP Cash 12/31/2007 1,212,340.30 1,212,340.30 1,212,340.30 0.10000 N/A 1 1.27 Cash Sub Total/ 1,212,340.30 1,212,340.30 1,212,340.30 0.10000 1 1.27 Average Total./Average 95,576,571.30 95,806,393.48 95,850,275.50 0.22287 124 100 Page 8 of 8 City of Pearland Purchases Portfolio/Report Group:Report Group:Pearland From 4/1/2011 To 6/30/2011 Portfolio Settlement, Maturity Purchase Face YTM @ Name Description. Bullet/Callable CUSIP/Ticker Action Date Date Price Amount/Shares Cost Principal Interest/Dividends Broker/Dealer 10: FHLB 3.625 Duncan General 5/29/2013 3133XQU34 Buy 5/31/2011 5/29/2013 106.132 1,000,000.00 0.53011 1,061,320.00 201.39 Wllliams ncan Fund 10: FFCB 0.75 General 5/2/2013 31331K3Q4 Buy 5/2/2011 5/2/2013 100 1,000,000.00 0.75000 1,000,000.00 0.00 First Southwest Fund 20: Debt FFCB 0.72 Yes 3133105 Buy 4/26/2011 4/25/2013 99.95 1,000,000.00 0.74531 999,500.00 20.00 Duncan K] Services 4/25/2013-11 Williams 30: FHLB 3.625 Duncan Water& 5/29/2013 3133XQ034 Buy 5/31/2011 5/29/2013 106.132 1,000,000.00 0.53011 1,061,320.00 201.39 Williams Sewer 42: Utility FHLMC.0.75 3134G1P65 Buy 6/30/2011 12/28/2012 100.472 2,000,000.00 0.43281 2,009,440.00 83.33 Frost Bank Impact 12/28/2012 Fee 70:2005 FNMA 0.5 Coastal Refunding 10/30/2012 3136FPUC9 Buy 6/30/2011 10/30/2012 100.15141 2,000,000.00 0.38604 2,003,028.20 1,666.67 Securities /Mobility 1 of 1 i City of Pearland Credit Ratings Report Format: By Transaction Group By,:: Security Type Portfolio/Report,Group: Report Group:Pearland As of 6/30/2011 Security Credit Credit Face Settlement Maturity YTM @ Days To Portfolio Name Description CUSIP/Ticker Structure Issuer Rating 1 Rating 2 Amount/Shares Date Date Cost Maturity FFCB Bond 10: General Fund FFCB 0.75 31331KJQ4 Fixed FFCB Moodys-Aaa S&P-AAA 1,000,000.00 5/2/2011 5/2/2013 0.75000 672 5/2/2013 20: Debt Services FFCB 0.72 31331KJC5 Fixed FFCB Moodys-Aaa S&P-AAA 1,000,000.00 4/26/2011 4/25/2013 0.74531 665 4/25/2013-11 Sub Total/ 2,000,000.00 0.74766 668 Average FHLB Bond 10: General Fund FHLB 2 9/14/2012 3133XUK93 Fixed FHLB Moodys-Aaa S&P-AAA 1,000,000.00 2/22/2011 9/14/2012 0.62617 442 10: General Fund FHLB 3.625 3133XQU34 Fixed FHLB Moodys-Aaa S&P-AAA 1,000,000.00 , 5/31/2011 5/29/2013 0.53011 699 • 5/29/2013 30: Water&Sewer FHLB 3.25 31331YC24 Fixed FHLB Moodys-Aaa S&P-AAA 1,000,000.00 8/31/2010 4/9/2012 0.50658 284 4/9/2012 30: Water&Sewer FHL8,0.875 3133XYWB7 Fixed FHLB Moodys-Aaa S&P-AAA 1,000,000.00 2/22/2011 8/22/2012 0.60004 419 8/22/2012 30: Water&Sewer FHLB 1,375 3133XWKU2 Fixed FHLB Moodys-Aaa S&P-AAA 1,000,000.00 1/18/2011 6/8/2012 0.46004 344 6/8/2012 30:.Water&Sewer FHLB 3.625 3133XQU34 Fixed FHLB Moodys-Aaa S&P-AAA 1,000,000.00 5/31/2011 5/29/2013 0.53011 699 5/29/2013 42: Utility Impact FHLB 0.625 3133703Y2 Fixed FHLB Moodys-Aaa S&P-AAA 1-,000,000.00 7/9/2010 1/12/2012 0.62500 196 Fee 1/12/2012 42: Utility Impact FHLB 0.42 3133723B8 Fixed FHLB Moodys-Aaa S&P-AAA 1,000,000.00 12/15/2010 4/13/2012 0.42000 288 Fee 4/13/2012 42: Utility Impact FHLB 3.25 3133XPCS1 Fixed FHLB' Moodys-Aaa S&P-AAA 1,000,000.00 8/31/2010 3/9/2012 0.46722 253 Fee 3/9/2012 70: 2005- FHLB 0.42 3133723B8 Fixed FHLB Moodys-Aaa S&P-AAA 1,000,000.00 12/15/2010• 4/13/2012 0.42000 288 Refunding/Mobility 4/13/2012 70: 2005- FHLB 3.75 3133XRY46 Fixed FHLB Moodys-Aaa S&P-AAA 1,000,000.00 • 8/31/2010 9/9/2011 0.29579 71 Refunding/Mobility 9/9/2011 70: 2005 FHLB 1.625 3133XTXH4 Fixed FHLB Moodys-Aaa S&P-AAA 1,000,000.00 6/30/2010 7/27/2011 0.46257 27 Refunding/Mobility 7/27/2011 Page.1 of 2 , Security Credit Credit Face Settlement Maturity YTM @"" Days To ` Portfolio Name Description CUSIP/Ticker Structure Issuer Rating 1 Rating 2 Amount/Shares Date Date Cost Maturity Sub Total/ 12,000,000.00 0.49530 334 Average FHLMC Bond 42: Utility Impact FHLMC0.75 3134G1P65 Fixed FHLMC Moodys-Aaa S&P-AAA 2,000,000.00 6/30/2011 12/28/2012 0.43281 547 Fee 12/28/2012 42: Utility Impact FHLMC 2.125 3137EABY4 Fixed FHLMC Moodys-Aaa S&P-AAA 1,000,000.00 1/28/2011 3/23/2012 0.33000 267 Fee 3/23/2012 70: 2005 FHLMC 2.125 3137EABY4 Fixed '.FHLMC Moodys-Aaa S&P-AAA 1,000,000.00 1/28/2011 3/23/2012 0.33005 267 Refunding/Mobility 3/23/2012 Sub Total/ 4,000,000.00 0.38142 407 Average FNMA Bond 10: General Fund FNMA 1.08 31398AK50 Fixed FNMA Moodys-Aaa S&P-AAA 1,000,000.00 12/10/2010 3/30/2012 0.38509 274 3/30/2012 10: General Fund FNMA 0.5 31398A4T6 Fixed FNMA Moodys-Aaa S&P-AAA 2,000,000.00 3/30/2011 10/30/2012 0.62402 488 10/30/2012 20: Debt Services FNMA 0.375 31398A6F4 Fixed FNMA Moodys-Aaa S&P-AAA 1,000,000.00 1/28/2011 12/28/2012 0.66003 547 12/28/2012 30: Water&Sewer FNMA 1.08 31398AK50 Fixed FNMA Moodys-Aaa S&P-AAA 1,000,000.00 12/10/2010 3/30/2012 0.38509 274 3/30/2012 30: Water&Sewer FNMA 0.875 31398AB43 Fixed FNMA Moodys-Aaa S&P-AAA 1,000,000.00 1/18/2011 1/12/2012 0.32002 196 1/12/2012 30: Water&Sewer FNMA 0.375 31398A6F4 Fixed FNMA Moodys-Aaa S&P-AAA 1,000,000.00 1/28/2011 12/28/2012 0.66003 547 12/28/2012 30: Water&Sewer FNMA 0.5 31398A4T6 Fixed FNMA Moodys-Aaa S&P-AAA 1,000,000.00 3/30/2011 10/30/2012 0.62402 488 10/30/2012 42: Utility Impact FNMA 0.5 31398A4T6 Fixed FNMA Moodys-Aaa S&P-AAA 1,000,000.00 3/30/2011 10/30/2012 0.62402 488 Fee 10/30/2012 70:2005 FNMA 0.5 3136FPUC9 Fixed FNMA Moodys-Aaa S&P-AAA 2,000,000.00 6/30/2011 10/30/2012 0.38604 488 Refunding/Mobility 10/30/2012 Sub Total/ 11,000,000.00 0.51622 433 Average Total / Average 29,000,000.00 0.50493 405 Page 2 of 2 Pledged Collateral R ;onciliation Report _ o June 30.,2011 Bank Account Number Account Name Amount Wells Fargo 201-0419505 Operating $ - Wells Fargo 201-0419513 Payroll Fund - Wells Fargo 001-304284.1 Sweep Account 72,277,365.60 Wells Fargo 201-0419554 98 CO Escrow - Wells Fargo 807-1613395 Credit Card Account 5,526,351.02 Wells Fargo 818-4567843 Alvin ISD 8,900,884.43 Wells Fargo 001-3043112 PEDC Sales Tax - Wells Fargo 280-7409871 Health Claims 301,099.04 Wells Fargo Certificate of Deposit - Total of Bank Balances $ 87,005,700.09 Pledged Collateral for City 104,323,704.61 FDIC Insurance 250,000.00. Total Collateral $. 104,573,704.61 Over(Under) Collateralized $ 17,568,004.52 Total %Collateralized 120.2% Bank Account Number Account Name Amount Wells Fargo 100-72842'58 Development Authority 1,478,585.91 Total of Bank Balances $ 1,478,585.91 Pledged Collateral for DAP 1,776,513.44 FDIC Insurance 250,000.00 Total Collateral $ 2,026,513.44 Over(Under) Collateralized $, 547,927.53 Total %Collateralized 137.1% Total $ Over(Under) Collateralized $ 18,115,932.05 Total %Collateralized 120.5% Status Collateralized I:\Investments\Investment Reports\City of Pearland\Investment Report-City-Qtr 0611