PORTFOLIO EVALUATION - PERIOD 13 FY 2001/2002 (5/26/2002 - 6/30/2002)

DESCRIPTION

DOLLAR AMOUNT

FY 01/02 PERIOD 13 (5/26/02 -6/30/02)

FY 01/02 PERIOD 12 (4/28/02 -5/25/02)

FY 00/01 PERIOD 13 (5/27/01- 6/30/01)

TOTAL PORTFOLIO MARKET VALUE

$237,604,009.52

$240,739,654.69

$227,454,407.93

AVERAGE LIFE OF PORTFOLIO (DAYS)

672

674

662

CITY - WEIGHTED YIELD (Current Period)

4.80%

4.74%

5.67%

PRIME RATE AT THE END OF THE PERIOD

4.75%

4.75%

6.75%

STATE POOL YIELD

2.69%

2.75%

4.99%

90 DAY T-BILL RATE (Current Period)

1.68%

1.72%

3.57%

VARIANCE FROM CITY YIELD

3.12%

3.02%

2.10%

1 YEAR T-BILL RATE (Current Period)

2.24%

2.39%

3.51%

VARIANCE FROM CITY YIELD

2.56%

2.35%

2.16%

TOTAL INVESTMENTS MATURING WITHIN 0 TO 1 YEAR

$80,517,747.73

33.89%

35.68%

36.94%

TOTAL INVESTMENTS MATURING WITHIN 1 TO 3 YEARS

$103,323,535.88

43.49%

40.09%

38.53%

TOTAL INVESTMENTS MATURING WITHIN 3 TO 5 YEARS

$53,614,252.53

22.56%

24.16%

24.45%

TOTAL INVESTMENTS MATURING OVER 5 YEARS

$148,473.38

0.06%

0.06%

0.08%

TOTAL

$237,604,009.52

100.0%

100.0%

100.0%

** In accordance with Government Code 53601, the City Council, as part of the City’s investment program, granted express authority to invest in US Treasury and US Agency securities with final stated maturities up to seven years. No investment shall be made in any other security type that at the time of investment has a term remaining to maturity in excess of five years unless granted express authority by the City Council to do so.