Loading...
RDAP-2013-04 - 2012-09-30 RESOLUTION NO. RDAP-2013- 4 A RESOLUTION OF THE DEVELOPMENT AUTHORITY OF PEARLAND (DAP), ACCEPTING THE INVESTMENT REPORT FOR THE QUARTERS ENDING JUNE 2012, SEPTEMBER 2012, DECEMBER 2012, MARCH 2013 AND JUNE 2013. BE IT RESOLVED BY THE DAP BOARD OF DIRECTORS: Section 1. That the Board hereby accepts the Investment Report for the Quarters ending June 2012, September 2012, December 2012, March 2013, and June 2013. PASSED, APPROVED, AND ADOPTED this 30th day of September, A.D., 2013. TOM REID DAP CHAIRMAN ATTEST: &4/1 ED BAKER DAP SECRETARY Resolution No. RDAP 2013-4 Attachment Development Authority of Pearland Quarterly Investment Report Sept 30, 2012- Dec 31, 2012 Portfolio at Sent 30.2012 portfolio at Dec 31.2012 Ending Book Value $ 1,488,341.65 Ending Book Value $ 1,848,713.32 Ending Market Value 1,488,341.65 Ending Market Value 1,848,713.32 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 482,871.77 Change in Market Value 360,371.67 Yield to Maturity at Cost 0.03% Yield to Maturity at Cost 0.09% T-Bill Benchmark 0.17% T-Bill Benchmark 0.16% Agency Note Benchmark 0.01% Agency Note Benchmark 0.01% Average for Quarter Total Rate of Return 0.07% 1 Year T-Bill Benchmark Yield 0.17% 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: Claire Bogard Rick 0 r: acrd Fatima.Uwakwe Director of Finance Assistant sirect•r of Finance Accounting Supervisor Development Authority of Pearland Summary by Type December 31,2012 Description Face Amount 1 Shares Cost Value Book Value Market Value YTM 38 Cost Days to Maturity MM S 1,016,140.48 $ 1,016,140.48 $ 1,016,140.48 $ 1,016,140.48 0.14% 1 Cash 832,572.84 832,572.84 832,572.84 832,572.84 0.02% 1 Total/Averaee S 1,848.713.32 S 1.848.713.32 S 1.848.713.32 S 1.848,713.32 0.03% 1 Group Portfolio Holc ings Book Value by Maturity Range by Type 2.000.000.00 r-- ----- 1,600,000.00 1,600.000.00 45%_, 1.400,000.00 1,200,000.00 ! - --- 7.000,000.00 800.000.00 ��55% 600,000.00 400,000.00 200,000.00 ■MM •C?-h 0.00 0-1 r.1 m, 6-9 Months Intere 'ates Date line Law tine Ly.f. Lys Lys £16 L26 Lo_yi: zstv 30w 9/28/2012 0.06 010 0.14 0.17 0.23 0.31 0.62 1.04 1.65 2.42 2.82 12/31/2012 0.02 0.05 0.11 0.16 0.25 0.36 0.72 1.18 1.78 2.54 2.95 Yield Curve Comparison 3.50 3.00 ....---.A1 2.50 .e---- 2.00 Z7 DAF.'5 Portfolio Return.09% ../ 1 Dry WAM 1.50 1.00 ,....AT ..,"" ...-"- 050 .- ---- _ 1 mo 3 rno 6 no 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yr --e-1213112012 ---et-9/28/2012 Portfolio vs.Benchmark 0.25 -I 0.20 ----al- _.__-ai-- / \ti s_______ ---s_.„......„..- ar----- 0.15 / ... 0 10 0.05 e-s■-•-•Z----. • • •-•----4----,-------4 0.00 2 'a •■1 52 52 'il• F03- 02c.. ' F,Vc- 028- Yr v.i''' p23 sec o ,..%o'r O0 . --II-Portfolio Total -a--1 Year T-130 Agency Note City of Pearland Quarterly Investment Report Report Format:By CUSIP Group By:Security Type Portfolio/Report Group:65:Development Authority Begin Date:9/30/2012,End Date:12/31/2012 Ending Portfolio YTM© Maturity Sell Amortized Amortized Investment Description CUSIP/Ticker Name Cost Date Beginning BV Buy Prindpal Prindpal Discount Premium Ending BV Income-BV CASH 65: Regions Bank Cash RG3939 Devebpment 0.02000 N/A 0.00 1.38 0.00 0.00 0.00 1.38 1.38 Authority 65: Regions Bank Cash RG3948 Devebpment 0.02000 N/A 832,524.75 46.71 0.00 0.00 0.00 832,571.46 46.71 Authority Sub Total/Average 0.02000 832,524.75 48.09 0.00 0.00 0.00 832,572.84 48.09 Cash MONEY MARKET Welk Fargo Bank 66: MM WF4258 Devebpment 0.14000 N/A 655,816.90 360,323.58 0.00 0.00 0.00 1,016,140.48 323.58 Authority Sub Total/Average 0.14000 655,816.90 360,323.58 0.00 0.00 0.00 1,016,140.48 323.58 Money Market Total/ 0.08596 1,488,341.65 360,371.67 0.00 0.00 0.00 1,848,713.32 371.67 Average Iofl City of Pearland Quarterly Investment Report at Quarterend Report Format:By Transaction Group By:Security Type Portfolio/Report Group:65:Development Authority As of 12/31/2012 Portfolio Settlement Maturity YTM 8 Face Days To Accrued 0/a of Description CUSIP/Ticker Name Date Date Cost Amount/Shares Cost Value Book Value Market Value Maturity Interest Portfolio Cash 65: Regions Bank Cash RG3948 Development 9/1/2012 N/A 0.020 832,571.46 832,571.46 832,571.46 832,571.46 1 45.04 Authority 65: Regions Bank Cash RG3939 Development 10/31/2012 N/A 0.020 1.38 1.38 1.38 1.38 1 0.00 Authority Sub Total/ 0.020 832,572.84 832,572.84 832,572.84 832,572.84 1 0.00 45.04 Average Money Market Wells Fargo Development Bank MM WF4258 Development 9/30/2006 N/A 0.140 1,016,140.48 1,016,140.48 1,016,140.48 1,016,140.48 1 54.96 Authority Sub Total/ 0.140 1,016,140.48 1,016,140.48 1,016,140.48 1,016,140.48 1 0.00 54.96 Average Total/ 0.086 1,848,713.32 1,848,713.32 1,848,713.32 1,848,713.32 1 0.00 100 Average I of l Pledged Collateral Reconciliation Report December 31, 2012 Bank Account Number Account Name Amount Wells Fargo 201-0419565 Operating $ - Wells Fargo 201-0419513 Payroll Fund - Wells Fargo 001-3042841 Sweep Account 83,767,355.25 Wells Fargo 179-0121790 EMS Payments 71,435.67 Wells Fargo 807-1613395 Credit Card Account 1,030,312.27 Wells Fargo 818-4567843 Alvin ISD 4,223,852.94 Wells Fargo 001-3043112 PEDC Sales Tax - Wells Fargo 280-74098'1 Health Claims 215,436.87 Wells Fargo 865-9860145 BC MUD#4 1.43 Wells Fargo Certificate of Deposit - Total of Bank Balances $ 89,308,394.43 Pledged Collateral for City 98,782,875.92 FDIC Insurance 250,000.00 Total Collateral $ 99,032,875.92 Over(Under)Collateralized $ 9,724,481.49 Total%Collateralized 110.9% Bank Account Number Account Name Amount Wells Fargo 100-7284258 Development Authority 1,016,140.48 Total of Bank Balances $ 1,016,140.48 U Pledged Collateral for DAP 7,317,675.38 F FDIC Insurance 250,000.00 —, i.f Total Collateral $ 7,567,675.38 17 6 t'a Over(Under)Collateralized $ 6,551,534.90 ri Total%Collateralized 744.7% V t ¶Z Total$Over(Under)Collateralized $ 16,276,016.39 Total%Collateralized 118.0% Status Collateralized Development Authority of Pearland Quarterly Investment Report March 31, 2012 -June 30, 2012 Portfolio at March 31,2012 Portfolio at June 30,2012 Ending Book Value $ 4,227,873.88 Ending Book Value $ 1,005,469.88 Ending Market Value 4,227,873.88 Ending Market Value 1,005,469.88 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 (1,158,251.65) Change in Market Value (3,222,404.00) Yield to Maturity at Cost 0.03% Yield to Maturity at Cost 0.04% T-Bill Benchmark 0.19% T-Bill Benchmark 0.21% Agency Note Benchmark 0.01% Agency Note Benchmark 0.01% Average for Quarter Total Rate of Return 0.03% 1 Year T-Bill Benchmark Yield 0.20% 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: r Q ....\6,......a ! \I ur-L.._ A Claire Bogard Ri Oerga:rd Fatima Uwakwe Director of Finance Assista t Di -ctor of Finance Senior Accountant Development Authority of Pearland Summary by Type June 30,2012 Description Face Amount 1 Shares Cost Value Book Value Market Value YTM GD Cost Days to Maturity MM $ 1,005,469.88 $ 1,005,469.88 $ 1,005,469.88 $ 1,005,469.88 0.04% 1 Total/Average S 1.005.469.88 $ 1.005.469.88 $ 1.005.469.88 $ 1.005.469.88 0.04% 1 Group Portfolio Holdings Book Value by Maturity Range by Type 1,200,000.00 1,000.000.00 --- -- - 800.000.00 600.000.00 400.000.00•— — — 200.000.00 l00% •MM 0-1 Month 1-3 Months 3-6 Months 6-9 Months Interest Rates Qate tine i.ms fmc is0 2x 3y.t IA LA 10yr 2sLys 34r 3/30/2012 0.05 0.07 0.15 0.19 0.33 0.51 1.04 1.61 2.23 3.00 3.35 6/29/2012 0.04 0.09 0.16 0.21 0.33 0.41 0.72 1.11 1.67 2.38 2.76 Yield Curve Comparison 4.00 77- 3.50 3.00 / � r 2.50 2.00 DAP's Portfolio Return.04% 1 Day WAM 1.50 1.00 0.50 _... 0.00 i4 1 ore 3 ore 6 nor 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 10)yr 0-6/25/2312 -00--3/30/2012 Portfolio vs.Benchmark 0.25 0.20 0.15 0.10 005 r 0.00 s0.0., 0955 e4'S5 X55 04"55 e�55 er,SZ- ee.51- Sa1.53- A l- 3:0- Jc,■2 P S 00 c5 O ) F � 1,..9, ) a-PoMdio Total -0-1 Year T-Bill Agency Note City of Peartand Quarterly Investment Report Report Format: By CUSP Group By: Security Type Portfolio/Report Group:65:Development Authority Begin Date:3/31/2012,End Date:6/30/2012 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 MONEY MARKET Wells Fargo De: Bank MM WF4258 Development N/A 0.04 2,676,180.25 3,435,872.63 5,106,563.00 0.00 0.00 1,005,469.88 367.63 Authority Wells Fargo Development Bank MM WF8300 Development N/A 0.00 2,808.20 0.00 2,808.20 0.00 0.00 0.00 0.00 Authonty Wells Fargo 65: Bank MM WF8301 Development N/A 0.00 0.04 0.10 0.14 0.00 0.00 0.00 0.00 Authority Wells Fargo 65: Bank MM WF8302 Development N/A 0.00 1,548,885.39 0.10 1,548,885.49 0.00 0.00 0.00 0.10 Authonty Sub Total/Average 0.03 4,227,873.88 3,435,872.83 6,658,276.83 0.00 0.00 1,005,469.88 367.73 Money Market Total/ 0.03 4,227,873.88 3,435,872.83 6,658,276.83 0.00 0.00 1,005,469.88 367.73 Average City of Pearland Quarterly Investment Report at Quarterend Report Format: By Transaction Group By: Security Type Portfolio/Report Group:65:Development Authority As of 6/30/2012 Portfolio Settlement Maturity YTM 4 Face Days To Accrued %of Description CUSIP/Ticker Name Date Date Cost Amount/Shares Cost Value Book Value Market Value Maturity Interest Portfolio Money Market 65: Wells Fargo WF4258 Development 9/30/2006 N/A 0.04000 1,005,469.88 1,005,469.88 1,005,469.88 1,005,469.88 1 N/A 100.00 Bank MM Authority Sub Total/ 0.04000 1,005,469.88 1,005,469.88 1,005,469.88 1,005,469.88 1 0.00 100.00 Average r, Total/ 0.04000 1,005,469.88 1,005,469.88 1,005,469.88 1,005,469.88 1 0.00 100 Average Pledged Collateral Reconciliation Report June 30, 2012 Bank Account Number Account Name Amount Wells Fargo 201-0419505 Operating $ - Wells Fargo 201-0419513 Payroll Fund - Wells Fargo 001-3042841 Sweep Account 67,509,717.92 Wells Fargo 201-0419554 98 CO Escrow - Wells Fargo 807-1613395 Credit Card Account 596,333.22 Wells Fargo 818-4567843 Alvin ISD 7,980,260.78 Wells Fargo 001-3043112 PEDC Sales Tax - Wells Fargo 280-7409871 Health Claims 358,698.95 Wells Fargo 865-9860145 BC MUD#4 26,767.97 Wells Fargo Certificate of Deposit - Total of Bank Balances $ 76,471,778.84 Pledged Collateral for City 87,633,555.68 FDIC Insurance 250,000.00 Total Collateral $ 87,883,555.68 Over(Under)Collateralized $ 11,411,776.84 Total%Collateralized 114.9% Bank Account Number Account Name Amount Wells Fargo 100-7284258 Development Authority 1,005,469.88 Total of Bank Balances $ 1,005,469.88 Pledged Collateral for DAP 9,561,774.04 FDIC Insurance 250,000.00 Total Collateral $ 9,811,774.04 Over(Under)Collateralized $ 8,806,304.16 Total%Collateralized 975.8% Total$Over(Under)Collateralized $ 20,218,081.00 Total%Collateralized 126.1% Status Collateralized Development Authority of Pearland Quarterly Investment Report Mar 31, 2013 -Jun 30, 2013 Portfolio at War 31,2013 Portfolio at Jun 30.2013 Ending Book Value $ 1,008,660.72 Ending Book Value $ 1,004,999.40 Ending Market Value 1,008,660.72 Ending Market Value 1,004,999.40 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 (840,052.60) Change in Market Value (3,661.32) Yield to Maturity at Cost 0.14% Yield to Maturity at Cost 0.15% T Bill Benchmark 0.14% T-Bill Benchmark 0.15% Agency Note Benchmark 0.01% Agency Note Benchmark 0.01% Average for Quarter Total Rate of Return 0.14% 1 Year T-Bill Benchmark Yield 0.13% 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: • � �` Claire Bogard Rick ov•rgaar. Fatima Uwakwe Director of Finance As istant Director of Finance Accounting Supervisor Development Authority of Pearland Summary by Type June 30,2013 Description Face Amount 1$ha-es Cost Value Book Value Market Value YTM(d Cost Days to Maturity MM $ 1,004,892.76 $ 1,004,892.76 5 1,004,892.76 $ 1,004,892.76 0.15% 1 Cash 106 64 106.64 106.64 106.64 0.00% 1 Total/Averaee S 1.004.999.40 $ 1,004.999.40 S 1.004.999.40 $ 1.004.999.40 0.15% 1 Group Portfolio Holdings Book Value by Maturity Range by Type 1.200,000.00 --- 0 t 1,000,000.00 800.00000 600,000.00 400.000.00 E_ _____ 200,000.00 X100% •MM •Cash 0.00 0-1 Month 1-3 Months 3-6 Months 6-9 Months Interest Rates Date 111m Imp 5 mo 1l¢ 2-Y! iso Si! 1st 10 yr 2�t[ 3/LL 3/28/2013 0.04 0.07 0.11 0.14 0.25 0.36 0.77 1,24 1.87 2.71 3.10 6/30/2013 0.02 0.04 0.10 0.15 0.36 0.66 1.41 1.96 2.52 3.22 3.52 Yield Curve Comparison 4.00 -1 3.50 3.00 --- • 2.50 2.00 DAF's Portfolio Return.15% 1DyWAM 1.50 { 1.00 0.50 . a�/"�"�/ I mo D me 6 oro 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yr -0-6/300013 -0-312817013 Portfolio vs.Benchmark 0.20 ___.__ 0.18 0.16 a r ,�•� IL`-..,...,.„0 0.14 ?t......NN....:7711-- 0.12 0.10 • 0.08 0.06 ... //,/------. 0.04 • ■..._ ■ 0.02 _ _ 0.00 r3. 1r- 11 11- 0.51. e 11. a 15 a r 5 a_'0 "1� ay-13 J 0 'o' p.. se- Oc sfV cu 0c pp' �ty -+--Portfolio Total t 1 year T-Bill Agency Note City of Pearland Quarterly Investment Report Report Format:By CUSP Group By:Security Type Portfolio/Report Group:65:Development Authority Begin Date:3/31/2013,End Date:6/30/2013 Ending Portfolio YTM @ Maturity Buy Sell Amortized Amortized Investment Description CUSIP/Ticker Name Cost Date Beginning By Principal Principal Discount Premium Ending BV Income-BV CASH 65: Regions Bank Cash RG3939 Development 0.000 N/A 1.38 0.00 0.00 0.00 0.00 1.38 0.00 Authority 65: Regions Bank Cash RG3948 Development 0.000 N/A 105.26 0.00 0.00 0.00 0.00 105.26 0.00 Authority Sub _.._.__..._ Total/Average 0.000 106.64 0.00 0.00 0.00 0.00 106.64 0.00 Cash MONEY MARKET Welk D Fargo Bank 5: MM WF4258 Development 0.150 N/A 1,008,554.08 338.68 4,000.00 0.00 0.00 1,004,892.76 338.68 Authority Sub Total/Average 0.150 1,008,554.08 338.68 4,000.00 0.00 0.00 1,004,892.76 338.68 Money Market Total/Average 0.150 1,008,660.72 338.68 4,000.00 0.00 0.00 1,004,999.40 338.68 City of Pearland Quarterly Investment Report at Quarterend Report Format:By Transaction Group By:Security Type Portfolio/Report Group:65:Development Authority As of 6/30/2013 Portfolio Settlement Maturity YTM 0 Face Days To Accrued %of Description CUSIP/Ticker Name Date Date Cost Amount/Shares Cost Value Book Value Market Value Maturity Interest Portfolio Cash Regions e Bank Cash RG3948 Development 9/1/2012 N/A 0.000 105.26 105.26 105.26 105.26 1 0.01 Authority Regions 65: Bank Cash RG3939 Development 10/31/2012 N/A 0.000 1.38 1.38 1.38 1.38 1 0.00 Authority Sub Total/ 0.000 106.64 106.64 106.64 106.64 1 0.00 0.01 Average Money Market Welk Fargo De: Bank MM WF4258 Development 9/30/2006 N/A 0.150 1,004,892.76 1,004,892.76 1,004,897.76 1,004,892.76 1 99.99 Authority Sub Total/ 0.150 1,004,892.76 1,004,892.76 1,004,892.76 1,004,892.76 1 0.00 99.99 Average Total/ 0.150 1,004,999.40 1,004,999.40 1,004,999.40 1,004,999.40 1 0.00 100 Average 1ofi Pledged Collateral Reconciliation Report June 30, 2013 Bank Account Number Account Name Amount Wells Fargo 201-0419505 Operating S - Wells Fargo 201-0419513 Payroll Fund - Wells Fargo 001-3042841 Sweep Account 79,255,962.44 Wells Fargo 179-0121750 EMS Payments - Wells Fargo 807-1613305 Credit Card Account - Wells Fargo 818-4567843 Alvin ISD 8,258,369.88 Wells Fargo 001-30431`2 PEDC Sales Tax - Wells Fargo 280-7409871 Health Claims 325,953.37 Wells Fargo 865-98601«5 BC MUD#4 1.43 Total of Bank Balances $ 87,840,287.12 Pledged Collateral for City 112,190,155.72 FDIC Insurance 250,000.00 Total Collateral 5 112,440,155.72 Over(Under)Collateralized $ 24,599,868.60 Total%Collateralized 128.0% Bank Account Number Account Name Amount Wells Fargo 100-7284208 Development Authority 1,005,469.85 Total of Bank Balances $ 1,005,469.85 Pledged Collateral for DAP 11,656,496.28 FDIC Insurance 250.000.00 Total Collateral $ 11,906,496.28 Over(Under)Collateralized $ 10,901,026.43 Total%Collateralized 1184.2% Total$Over(Under)Collateralized $ 35,500,895.03 Total%Collateralized 140.0% Status Collateralized Development Authority of Pearland Quarterly Investment Report Dec 31, 2012- Mar 31, 2013 Portfolio at Dec 31.2012 Portfolio at Mar 31.2013 Ending Book Value $ 1,848,713.32 Ending Book Value $ 1,008,660.72 Ending Market Value 1,848,713.32 Ending Market Value 1,008,660.72 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 360,371.67 Change in Market Value (840,052.60) Yield to Maturity at Cost 0.09% Yield to Maturity at Cost 0.14% T-Bill Benchmark 0.16% T-Bill Benchmark 0.14% Agency Note Benchmark 0.01% Agency Note Benchmark 0.01% Average for Quarter Total Rate of Return 0.11% 1 Year T-Bill Benchmark Yield 0.15% 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: ( ' Claire Bogard Rick• r sar Fatima Director of Finance Assistant Direc or of Finance Accounting Supervisor Development Authority of Pearland Summary by Type March 31,2013 Pescriotion Face Amount 1 Sham Cost Value Book Value Market Value YTM tai Cost Pays to Maturity MM $ 1,008,554.08 $ 1,008,554.08 $ 1,008,554.08 $ 1,008,554.08 0.14% 1 Cash 10E.64 106.64 106.64 106.64 0.02% 1 Total/Average S 1.008,66E 72 S 1.008.660.72 $ 1.008.660.72 $ 1.008.660.72 0.03% 1 Group Portfolio Hok ings Book Value by Maturity Range by Type 1,200,000.00 — — — — —0% 1.000.000.00 800.000.00 600,000.00 - - 400,000.00 - - - 200,000.00 100 ■MM 2164.n 0.00 0-1 Month 1-3 Months 3-6 Months 6-9 Months I nteref rites 9.121S rims 3 MO E[11.4 jar Lys. Lys 5_yi- Is! 12_yr j&yr ig_yr 12/31/2012 0.02 0.05 0.11 0.16 0.25 0.36 0.72 1.18 1.78 2.54 2.95 3/28/2013 0.04 0.07 0.11 0.14 0.25 0.36 0.77 1.24 1.87 2.71 3.10 Yield Curve Comparison 360 3 CO 2 50 ../r------------. I 2 CO DArs Portfolio Return.11% 1 D-y WAM 1,0 ,.-... 0.50 S 000 *-4,■emt■■•••,•-.. -_ 1 nlo i nro 6 no 1 yr 2 yr 3 yr 5 yr 1 yr 10 yr 20 yr 30 yr -.0-31292013 -111-12/31/2012 Portfolio vs.Benchmark 0.25 20 0. I s- ---___,.........„../2\ 1 •-------a 0.15 1 I 0.11 -7. 0.05 •1 40- • ••-"-------. 0.00 L -L 4 ,<1. <I „.11- XL Xl., ...'1 t,..<5 p1 0% V Is.)- ,$)c,3 5eff pc., „...0 ,0e0 NO" e os -.-Portfolio total --1 Year T-Bdi Agency Note City of Pearland Quarterty Investment Report Report Format:By CUSIP Group By:Security Type Portfolio/Report Group:65:Development Authority Begin Date:12/31/2012,End Date:3/31/2013 Ending Portfolio YTM KO Maturity Buy Amortized Amortized Investment Description CUSIP/Ticker Name Cost Date Beginning BV Principal Sell Principal Discount Premium Ending BV Income-BV CASH 65: Regions Bank Cash RG3948 Development 0.020 N/A 832,571.46 41.05 832,507.25 0.00 0,00 105.26 41.05 Authority 65: Regions Bank Cash RG3939 Development 0.020 N/A 1.38 0.00 0.00 0.00 0.00 1.38 0.00 Authority Sub Total/Average 0.020 832,572.84 41.05 832,507.25 0.00 0.00 106.64 41.05 Cash MONEY MARKET Wells Fargo Bank 65: MM WF4258 Development 0.140 N/A 1,016,140.48 337.35 7,923.75 0.00 0.00 1,008,554.08 337.35 Authority Sub ---_- Total/Average 0.140 1,016,140.48 337.35 7,923.75 0.00 0.00 1,008,554.08 337.35 Money Market Total/ 0.140 1,848,713.32 378.40 840,431.00 0.00 0.00 1,008,660.72 378.40 Average 1 of1 City of Pearland Quarterly Investment Report at Quarterend Report Format:By Transaction Group By:Security Type Portfolio/Report Group:65:Development Authority As of 3/31/2013 Portfolio Settlement Maturity YTM @ Face Days To Accrued %of Description CUSIP/Ticker Name Date Date Cost Amount/Shares Cost Value Book Value Market Value Maturity Interest Portfolio Cash Regions 65: Bank Cash RG3948 Development 9/1/2012 N/A 0.020 105.26 105.26 105.26 105.25 1 0.01 Authority Regions Development Bank Cash RG3939 Development 10/31/2012 N/A 0.020 1.38 1.38 1.38 1.38 1 0.00 Authority Sub Total/ 0.020 106.64 106.64 106.64 106.64 1 0.00 0.01 Average Money Market Wells Fargo 65: Bank MM WF4258 Development 9/30/2006 N/A 0.140 1,008,554.08 1,008,554.08 1,008,554.08 1,008,554.08 1 99.99 Authority Sub Total/ 0.140 1,008,554.08 1,008,554.08 1,008,554.08 1,008,554.08 1 0.00 99.99 Average Total/ 0.140 1,008,660.72 1,008,660.72 1,008,660.72 1,008,660.72 1 0.00 100 Average IofI Pledged Collateral Reconciliation Report March 31, 2013 Bank Account NA mber Account Name Amount Wells Fargo 201-04195C5 Operating $ - Wells Fargo 201-04195'3 Payroll Fund - Wells Fargo 001-30428,11 Sweep Account 83,432,146.88 Wells Fargo 179-01217=0 EMS Payments 446,045.16 Wells Fargo 807-161331,5 Credit Card Account 319,150.17 Wells Fargo 818-45678/3 Alvin ISD 4,517,072.17 Wells Fargo 001-30431'2 PEDC Sales Tax - Wells Fargo 280-7409871 Health Claims 478,377.15 Wells Fargo 865-9860145 BC MUD#4 1.43 Total of Bank Balances $ 89,192,792.96 Pledged Collateral for City 109,786,188.62 FDIC Insurance 250,000.00 Total Collateral $ 110,036,188.62 Over(Under)Collateralized $ 20,843,395.66 Total%Collateralized 123.4% Bank Account Number Account Name Amount Wells Fargo 100-7284258 Development Authority 1,008,554.08 Total of Bank Balances $ 1,008,554.08 Pledged Collateral for DAP 6,538,051.42 FDIC Insurance 250,000.00 Total Collateral $ 6,788,051.42 Over(Under)Collateralized $ 5,779,497.34 Total%Collateralized 673.0% Total$Over(Under)Collateralized $ 26,622,893.00 Total%Collateralized 129.5% Status Collateralized Development Authority of Pearland Quarterly Investment Report June 30, 2012-Sept 30, 2012 Period 13 Portfolio at lure 30.2012 Portfolio at Sept 30.2012 Ending Book Value $ 1,005,469.88 Ending Book Value $ 1,488,341.65 Ending Market Value 1,005,469.88 Ending Market Value 1,488,341.65 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 (3,222,404.00) Change in Market Value 482,871.77 Yield to Maturity at Cost 0.04% Yield to Maturity at Cost 0.03% T-Bill Benchmark 0.21% T-Bill Benchmark 0.17% Agency Note Benchmark 0.01% Agency Note Benchmark 0.01% Average for Quarter Total Rate of Return 0.04% 1 Year T-Bill Benchmark Yield 0.16% 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: Claire Bogard Rick 0 -r;acrd Fatima Uw kwe Director of Finance Assistant Director of Finance Accounting Supervisor Development Authority of Pearland Summary by Type Sept 30,2012 Description face Amount 1 Shares Cost Value Book Value Market Value YTM ft Cost Days to Maturity MM $ 655,816.90 $ 655,816.90 $ 655,816.90 $ 655,816.90 0.04% 1 Cash 832,524.75 832,524.75 832,524.75 832,524.75 0.03% 1 Total/Average 5 1.488.341.65 $ 1.488.341.65 $ 1.488.341.65 S 1.488.341.65 0.03% 1 Group Portfolio Holdings Book Value by Maturity Range by Type 1,600,000.00 1,400,000.00 1,200,000.00 44% 1,000,000.00 800,000.00 56% 600,000.00 - - - 400,000.00 200,000.00 OW, ■Ca 0.00 0-1 Month 1-3 Months 3-6 Months 6-9 Months Interest Rates Pate 1ma Imo 11110 LIE 2.L lx! S.1E lxr 10 yr 20 yr 30 yr 6/29/2012 0.04 0.09 0.16 0.21 0.33 0.41 0.72 1.11 1.67 2.38 2.76 9/28/2012 0.06 0.10 0.14 0.17 0.23 0.31 0.62 1.04 1.65 2.42 2.82 Yield Curve Comparison 3.00 2.50 2.00 _._.. _ ...... _ 1.50 OAP's Portfolio Return.04% 1D yWAM 00 0.50 10°.. �. ► !la 0.00 '* 1 150 ,me 6 me 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yr -'--9/28/2012 t 6/2912012 Portfolio vs.Benchmark 0.25 r 11 yr" 'I%\ 0.20 I ,...---#...� \ a 0.15 F_--111---- �/ 111-- III II 0 10 - 0.05 0.00 -°0:N N .. 5', c20- v80-''l. 12 t...9‘.<2 {1- �• - J�,12 '2 12 -e--Portfolio Total -a-1 year T-&II . Agency Note City of Pearland Quarterly Investment Report Report Format:By CUS1P Group By:Security Type Portfollo/Report Group:65:Development Authority Begin Date:6/30/2012,End Date:9/30/2012 Portfolio Maturity Annualized Amortized Amortized Investment Description CUSIP/Ticker Name Date TRR-BV Beginning BV Buy Principal Sell Prindpal Discount Premium Ending BV Income-BV CASH Regions Bank 65: Cash RG3948 Development N/A 0.02 0.00 3,993,029.66 3,160,504.91 0.00 0.00 832,524.75 17.50 Authority Sub Total/Average 0.02 0.00 3,993,029.66 3,160,504.91 0.00 0.00 832,524.75 17.50 Cash MONEY MARKET Welts Fargo 65: Bank MM WF4256 Development N/A 0.04 1,005,469.88 6,391,230.99 6,740,883.97 0.00 0.00 655,816.90 262.40 Authority Sub Total/Average 0.04 1,005,469.88 6,391,230.99 6,740,883.97 0.00 0.00 655,816.90 262.40 Money Market _ Total/ 0.04 1,005,469.88 10,384,260.65 9,901,388.88 0.00 0.00 1,488,341.65 279.90 Average 1 of 1 City of Pearland Quarterly Investment Report at Quarterend Report Format:By Transaction Group By:Security Type Portfolio/Report Group:65:Development Authority As of 9/30/2012 Portfolio Settlement Maturity YTM© Face Days To Accrued %of Description CUSIP/Ticker Name Date Date Cost Amount/Shares Cost Value Book Value Market Value Maturity Interest Portfolio Cash Regions 65: Bank Cash RG3948 Development 9/1/2012 N/A 0.026 832,524.75 832,524.75 832,524.75 832,524.75 1 55.94 Authority Sub Total/ 0.026 832,524.75 832,524.75 832,524.75 832,524.75 1 0.00 55.94 Average Money Market Wells Fargo 65: Bank MM WF4258 Development 9/30/2006 N/A 0.040 655,816.90 655,816.90 655,816.90 655,816.90 1 44.06 Authority Sub Total/ 0.040 655,816.90 655,816.90 655,816.90 655,816.90 1 0.00 44.06 Average Total/ 0.032 1,488,341.65 1,488,341.65 1,488,341.65 1,488,341.65 1 0.00 100 Average 1 of 1 Pledged Collateral Reconciliation Report September 30,2012 Bank Account Number Account Name Amount Wells Fargo 201-0419595 Operating $ - Wells Fargo 201-0419513 Payroll Fund - Wells Fargo 001-3042841 Sweep Account 57,594,144.23 Wells Fargo 201-0419554 98 CO Escrow - Wells Fargo 807-1613395 Credit Card Account 620,889.88 Wells Fargo 818-456783 Alvin ISD 4,222,256.28 Wells Fargo 001-3043112 PEDC Sales Tax - Wells Fargo 280-7409871 Health Claims 201,496.15 Wells Fargo 865-98601'5 BC MUD#4 1.44 Wells Fargo Certificate of Deposit - Total of Bank Balances $ 62,638,787.98 Pledged Collateral for City 92,979,805.97 FDIC Insurance 250,000.00 Total Collateral $ 93,229,805.97 Over(Under)Collateralized $ 30,591,017.99 Total%Collateralized 148.8% Bank Account Number Account Name Amount Wells Fargo 100-72842.`8 Development Authority 656,251.90 Total of Bank Balances $ 656,251.90 Pledged Collateral for DAP 8,145,221.83 FDIC Insurance 250,000.00 Total Collateral $ 8,395,221.83 Over(Under)Collateralized $ 7,738,969.93 Total%Collateralized 1279.3% Total$Over(Under)Collateralized $ 38,329,987.92 Total%Collateralized 160.6% Status Collateralized CITY OF PEARLAND, TX DEVELOPMENT AUTHORITY OF PEARLAND FISCAL YEAR 2012 and 2013 CHECKS FOR RATIFICATION CHECK NO PAYEE AMOUNT CHECK DATE FY2012 1092 Arbitrage Compliance Specialists 1,325.00 7/31/2012 1093 City of Pearland 3,448.54 7/31/2012 1094 void 0.00 1095 Errand Runner 57.21 8/13/2012 1096 ABHR LLP 61.21 8/13/2012 1097 Wells Fargo Bank 800.00 8/14/2012 1098 City of Pearland 1,526.98 8/17/2012 1099 ABHR LLP 185.00 9/27/2012 FY2013 1100 Wells Fargo 250.00 10/7/2012 1101 Wells Fargo 550.00 12/17/2012 1102 City of Pearland 1,500.00 12/17/2012 1103 void 0.00 1104 Wells Fargo 800.00 1/10/2013 1105 ABHR LLP 23.75 1/16/2013 1106 City of Pearland 1,000.00 3/6/2013 1107 Wells Fargo 800.00 3/6/2013 1108 Arbitrage Compliance Specialists 2,750.00 3/6/2013 1109 City of Pearland 500.00 3/14/2013 1110 Regions Bank 4,000.00 4/24/2013 1111 void 0.00 1112 City of Pearland 1,500.00 8/1/2013 1113 Wells Fargo 800.00 8/1/2013 1114 City of Pearland 1,500.00 9/11/2013 Fiscal Year 2012 7,403.94 Fiscal Year 2013 15,973.75 Total Amount for 23,377.69 Ratification