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02 February 24, 2014 Budget & Implementation
RECORDS RIVERSIDE COUNTY TRANSPORTATION COMMISSION • • • BUDGET AND IMPLEMENTATION COMMITTEE MEETING AGENDA TIME: 9:30 a.m. DATE: Monday, February 24, 2014 LOCATION: BOARD ROOM County of Riverside Administrative Center 4080 Lemon Street, First Floor, Riverside COMMITTEE MEMBERS ' Ella Zanowic, Chair / Jeff Hewitt, City of Calimesa Douglas Hanson, Vice Chair / Patrick Mullany, City of Indian Wells Roger Berg / David Castaldo, City of Beaumont Mary Craton / Randy Bonner, City of Canyon Lake Greg Pettis / Kathleen DeRosa, City of Cathedral City Steven Hernandez / Eduardo Garcia, City of Coachella Scott Matas / Russell Betts, City of Desert Hot Springs Larry Smith / Robert Youssef, City of Hemet Bob Magee / Natasha Johnson, City of Lake Elsinore Rick Gibbs / Kelly Bennett, City of Murrieta Steve Adams / Andy Melendrez, City of Riverside Ron Roberts / Jeff Comerchero, City of Temecula John F. Tavaglione, County of Riverside, District II Jeff Stone, County of Riverside, District III •P° STAFF Anne Mayer, Executive Director Theresia Trevino, Chief Financial Officer AREAS OF RESPONSIBILITY ? Annual Budget Development and Oversight Competitive Federal and State Grant Programs Countywide Communications and Outreach Programs Countywide Strategic Plan Legislation Public Communications and Outreach Programs Short Range Transit Plans Comments are welcomed by the Committee. If you wish to provide comments to the Committee, please complete and submit a Speaker Card to the Clerk of the Board. • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION BUDGET AND IMPLEMENTATION COMMITTEE www. rctc. orq AGENDA * *Actions may be taken on any item listed on the agenda 9:30 a.m. Monday, February 24, 2014 BOARD ROOM County Administrative Center 4080 Lemon Street, First Floor Riverside, California In compliance with the Brown Act and Government Code Section 54957.5, agenda materials distributed 72 hours prior to the meeting, which are public records relating to open session agenda items, will be available for inspection by members of the public prior to the meeting at the Commission office, 4080 Lemon Street, Third Floor, Riverside, CA, and on the Commission's website, www.rctc.orq. In compliance with the Americans with Disabilities Act and Government Code Section 54954.2, if you need special assistance to participate in a Committee meeting, please contact the Clerk of the Board at (951) 787-7141. Notification of at least 48 hours prior to meeting time will assist staff in assuring that reasonable arrangements can be made to provide accessibility at the meeting. 1. CALL TO ORDER 2. PLEDGE OF ALLEGIANCE 3. ROLL CALL 4. PUBLIC COMMENTS — Each individual speaker is limited to speak three (3) continuous minutes or less. The Committee may, either at the direction of the Chair or by majority vote of the Committee, waive this three minute time limitation. Depending on the number of items on the Agenda and the number of speakers, the Chair may, at his/her discretion, reduce the time of each speaker to two (2) continuous minutes. Also, the Committee may terminate public comments if such comments become repetitious. In addition, the maximum time for public comment for any individual item or topic is thirty (30) minutes. Speakers may not yield their time to others without the consent of the Chair. Any written documents to be distributed or presented to the Committee shall be submitted to the Clerk of the Board. This policy applies to Public Comments and comments on Agenda Items. Under the Brown Act, the Board should not take action on or discuss matters raised during public comment portion of the agenda which are not listed on the agenda. Board members may refer such matters to staff for factual information or to be placed on the subsequent agenda for consideration. Budget and Implementation Committee February 24, 2014 Page 2 5. APPROVAL OF MINUTES — NOVEMBER 25, 2013 6. ADDITIONS/REVISIONS (The Committee may add an item to the Agenda after making a finding that there is a need to take immediate action on the item and that the item came to the attention of the Committee subsequent to the posting of the agenda. An action adding an item to the agenda requires 2/3 vote of the Committee. If there are less than 2/3 of the Committee members present, adding an item to the agenda requires a unanimous vote. Added items will be placed for discussion at the end of the agenda.) 7. CONSENT CALENDAR - All matters on the Consent Calendar will be approved in a single motion unless a Commissioner(s) requests separate action on specific item(s). Items pulled from the Consent Calendar will be placed for discussion at the end of the agenda. 7A. QUARTERLY FINANCIAL STATEMENTS Overview This item is for the Committee to: Page 1 1) Receive and file the Quarterly Financial Statements for the six months ended December 31, 2013; and 2) Forward to the Commission for final action. 7B. QUARTERLY SALES TAX ANALYSIS Overview This item is for the Committee to: 1) Receive and file the sales tax analysis for Quarter 3 2013 (Q3 2013); and 2) Forward to the Commission for final action. 7C. QUARTERLY INVESTMENT REPORT Overview This item is for the Committee to: Page 7 Page 15 1) Receive and file the Quarterly Investment Report for the quarter ended December 31, 2013; and 2) Forward to the Commission for final action. • • • Budget and Implementation Committee February 24, 2014 Page 3 7D. SINGLE SIGNATURE AUTHORITY REPORT Overview This item is for the Committee to: Page 61 1) Receive and file the Single Signature Authority report for the second quarter ended December 31, 2013; and 2) Forward to the Commission for final action. 8. AGREEMENT WITH CTG INC. OF ILLINOIS DBA NOVANIS FOR INFORMATION TECHNOLOGY SUPPORT SERVICES Overview This item is for the Committee to: Page 63 1) Award Agreement No. 14-12-062-00 with CTG Inc. of Illinois dba Novanis (Novanis) for information technology (IT) support services for a three-year term, and two one-year options to extend the agreement, in an amount not to exceed $680,000; 2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to execute the agreement on behalf of the Commission; and 3) Forward to the Commission for final action. 9. PROPOSED POLICY GOALS AND OBJECTIVES FOR FISCAL YEAR 2014/15 BUDGET Overview This item is for the Committee to: Page 82 1) Approve the proposed Commission Policy Goals and Objectives for the FY 2014/15 Budget; and 2) Forward to the Commission for final action. Budget and Implementation Committee February 24, 2014 Page 4 10. CITY OF JURUPA VALLEY REQUEST FOR CONFIRMATION REGARDING MEASURE A • REVENUE ALLOCATION IN CONNECTION WITH CITY FINANCING Overview This item is for the Committee to: Page 89 1) Receive and file a request from the city of Jurupa Valley (City) for confirmation by the Commission that, in the case of disincorporation, the 2009 Measure A Western County Local Streets and Roads (LSR) allocations annually allocated to the City would be periodically transferred to the county of Riverside (County) to be available to pay debt service on the City's contemplated financing for street improvements; 2) Direct staff to continue to engage legal counsel in the development of a resolution to be adopted by the Commission and in the provision of a legal opinion to the Commission; and 3) Forward to the Commission for final action. 11. RIVERSIDE COUNTY 2015 FEDERAL TRANSPORTATION IMPROVEMENT PROGRAM FINANCIAL RESOLUTION Overview This item is for the Committee to: Page 97 • 1) Adopt Resolution No. 14-013, "Resolution of the Riverside County Transportation Commission Certifying That Riverside County Has Resources to Fund Projects in Federal Fiscal Years 2014/15 Through 2019/20 Transportation Improvement Program and Affirming Commitment to Implement All Projects in the Program"; 2) Forward to the Southern California Association of Governments (SCAG) for inclusion in the 2015 Federal Transportation Improvement Program (FTIP); and 3) Forward to the Commission for final action. 12. 2009 MEASURE A MAINTENANCE OF EFFORT BASE YEAR ADJUSTMENT FOR CITY OF WILDOMAR Overview This item is for the Committee to: Page 107 1) Approve the adjustment to the city of Wildomar's (Wildomar) 2009 Measure A Maintenance of Effort (MOE) base year; and 2) Forward to the Commission for final action. • Budget and Implementation Committee February 24, 2014 Page 5 • 13. SB 821 PROGRAM REVISIONS Overview This item is for the Committee to: Page 120 1) Approve the allocation of $285,897 to the city of Temecula (Temecula) to fully fund the Pauba Road Sidewalk Improvement project and apply $2,114 to the next SB 821 Call for Projects (SB 821 Call); 2) Approve the Technical Advisory Committee (TAC) SB 821 subcommittee's (subcommittee) recommendation to maintain a competitive Call is to extend the SB 821 Call from its current annual basis to a biennial basis, and set the SB 821 Call release date for the first Monday of every other February and the SB 821 Call close date for the last Thursday of every other April, beginning February 2015; and 3) Forward to the Commission for final action. 14. STATE AND FEDERAL LEGISLATIVE UPDATE Overview This item is for the Committee to: 1) Receive and file the Legislative Update; and 2) Forward to the Commission for final action. 15. ELECTION OF OFFICERS Overview Page 124 Page 129 This item is for the Budget and Implementation Committee to conduct an election of officers for 2014 — Chair and Vice Chair. 16. COMMISSIONERS / STAFF REPORT Overview This item provides the opportunity for the Commissioners and staff to report on attended and upcoming meeting/conferences and issues related to Commission activities. 17. ADJOURNMENT AND THE NEXT MEETING The next Budget and Implementation Committee meeting is scheduled to be held at 9:30 a.m., Monday, March 24, 2014, Board Chambers, First Floor, County Administrative Center, 4080 Lemon Street, Riverside. • • • AGENDA ITEM 5 MINUTES • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION BUDGET AND IMPLEMENTATION COMMITTEE Monday, November 25, 2013 MINUTES 1. CALL TO ORDER The meeting of the Budget and Implementation Committee was called to order by Chair Ella Zanowic at 9:31 a.m., in the Board Room at the County of Riverside Administrative Center, 4080 Lemon Street, First Floor, Riverside, California, 92501. 2. PLEDGE OF ALLEGIANCE At this time, Commissioner Douglas Hanson led the Budget and Implementation Committee in a flag salute. 3. ROLL CALL Members/Alternates Present Roger Berg Mary Craton* Rick Gibbs Douglas Hanson Steven Hernandez* Bob Magee Scott Matas Greg Pettis Ron Roberts* Larry Smith Ella Zanowic *Arrived after the meeting was called to order 4. PUBLIC COMMENTS Members Absent Steve Adams Jeff Stone John Tavaglione There were no requests to speak from the public. RCTC Budget and Implementation Committee Minutes November 25, 2013 Page 2 5. APPROVAL OF MINUTES — OCTOBER 28, 2013 M/S/C (Matas/Magee) to approve the minutes of October 28, 2013 meeting as submitted. Abstain: Smith 6. ADDITIONS / REVISIONS There were no additions or revisions to the agenda. 7. CONSENT CALENDAR - All matters on the Consent Calendar will be approved in a single motion unless a Commissioner(s) requests separate action on specific item(s). Items pulled from the Consent Calendar will be placed for discussion at the end of the agenda. M/S/C (Hanson/Matas) to approve the following Consent Calendar item(s): 7A. QUARTERLY FINANCIAL STATEMENTS 1) Receive and file the Quarterly Financial Statements for the period ending September 30, 2013; and 2) Forward to the Commission for final action. 7B. QUARTERLY SALES TAX ANALYSIS 1) Receive and file the sales tax analysis for Quarter 2 (Q2) 2013; and 2) Forward to the Commission for final action. 8. QUARTERLY INVESTMENT REPORT Theresia Trevino, Chief Financial Officer, presented the Quarterly Investment Report, highlighting the following areas: • Cash and investments; • Portfolio and investment types as of September 30, 2013; • STAMP portfolio reports; • STAMP portfolio summary, project funds, capitalized interest funds, and debt reserve fund as of September 30, 2013; and • Primary investment objectives. At this time, Commissioners Mary Craton and Steven Hernandez joined the meeting. • • • RCTC Budget and Implementation Committee Minutes November 25, 2013 Page 3 • In response to Commissioner Douglas Hanson's question regarding rating restrictions, Theresia Trevino replied on most of the asset classes, there are minimum ratings the Commission has to achieve in the securities being purchased. It is in both of the bond indentures, the toll indenture, the sales tax indenture, as well as the overall Commission investment policy. Anne Mayer explained this was the Commission's first investment report since the issuance of sales tax and toll revenue bonds and the execution of the Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for the State Route 91 Corridor Improvement Project (SR -91 CIP). As Theresia Trevino mentioned, there are a variety of different reports and charts staff provided. She requested the Commissioners provide input to staff on the types of information the Commissioners would like to see to ensure the Commissioners have adequate information. M/S/C to: 1) Receive and file the Quarterly Investment Report for the quarter ended September 30, 2013; and 2) Forward to the Commission for final action. • • 9. FEDERAL SURFACE TRANSPORTATION PROGRAM 2013 CALL FOR REHABILITATION PROJECTS — PROJECT PROGRAMMING FOR THE CITIES OF BLYTHE AND INDIAN WELLS Grace Alvarez, Planning and Programming Manager, presented the Federal Surface Transportation Program 2013 CaII for Rehabilitation Projects project programming requests from the cities of Blythe and Indian Wells. M/S/C (Hernandez/Craton) to: 1) Approve programming federal Surface Transportation Program (STP) funds for pavement rehabilitation projects in the amount of $192,714 for the cities of Blythe (Blythe) and Indian Wells (Indian Wells); and 2) Forward to the Commission for final action. 10. SPECIAL PANEL ON 215T CENTURY FREIGHT TRANSPORTATION Aaron Hake, Government Relations Manager, presented the plan for "Improving the Nation's Freight Transportation System". He referred to the National Primary Freight Network map for Southern California and explained almost every major highway in Riverside County is designated with notable exceptions at SR -86 between the county line and Interstate 10, and SR -60 between 1-215 and 1-10, and SR -79. There is a comment period for stakeholders to provide input. He discussed the potential RCTC Budget and Implementation Committee Minutes November 25, 2013 Page 4 implications of this map as well as staff's objectives moving forward. He then referred to an article in the Sacramento Bee about Transportation California, a construction industry trade group in Sacramento, who submitted a ballot initiative to the Attorney General for the 2014 November Ballot called the California Road Repair Act, a one percent levy on vehicles dedicated to road, rehabilitation, and maintenance issues for the state highway system. Commissioner Berg discussed the need for the inclusion of SR -60 as a freight corridor due to the logistics centers on or near this corridor. He stated he believes there are representatives from Los Angeles that do not understand Inland Empire goods movement and need to be educated. Aaron Hake concurred with Commissioner Berg's comments. He explained the U.S. DOT in its notice basically admitted that it does not have an adequate understanding of the urban systems and therefore providing a comment period to receive input. At this time, Commissioner Ron Roberts joined the meeting. Commissioner Larry Smith expressed the Commission needs to evaluate all areas of concern on the map. He asked if there is a plan or methodology of gathering comments in order to fill these gaps during the comment period. Aaron Hake replied there has not been discussion yet and he would be happy to take input from the local jurisdictions. He explained all of the counties are gathering on November 26 at the Southern California Association of Governments (SCAG) to formulate a plan for the region in order to submit a unified set of comments. Commissioner Hernandez concurred with Commissioner Smith's comments and requested staff report back on the plan developed at SCAG. He referred to the SR -86 corridor and requested staff ensure it is included on the network map. Aaron Hake replied absolutely. Anne Mayer briefed the Commissioners on the discussions and concerns expressed at the monthly CEO meetings since these network maps were introduced. She stated staff will continue to articulate the importance of 1-215, SR -60, and SR -86, and work on those gaps. She explained the Commission will have to start grappling with a lack of funding for goods movement related projects in the very near future as sources of funding are drying up. She also discussed the Transportation California initiative. • • • RCTC Budget and Implementation Committee Minutes November 25, 2013 Page 5 • • • M/S/C to: 1) Receive and file the report on Improving the Nation's Freight Transportation System; and 2) Forward to the Commission for final action. 11. COMMISSIONERS / EXECUTIVE DIRECTOR REPORT 11A. Commissioner Hernandez announced the Avenue 52 grade separation groundbreaking ceremony will be held on December 11 in the Coachella Valley. Anne Mayer replied the groundbreaking invitation was received and city staff was notified that December 11 is the next Commission meeting to be held at the Corona City Hall followed by the 91 Project groundbreaking ceremony to be held at the North Main Corona Parking Structure. 11B. Commissioner Hanson stated he read an article about freight transportation and asked if there is any feeling from Amtrak where Amtrak is favoring shorter routes or if there are any changes at Amtrak that might indicate a more willingness to look at the Coachella Valley. Anne Mayer replied Amtrak has been headed in that direction for a number of years and believes it is focusing on the northeast corridor, which is where most of Amtrak's money and time is invested. She suggested the work being conducted as a part of the state rail plan and the service development plan related to service to Coachella Valley will fall in line with what Amtrak is doing. 12. ADJOURNMENT AND NEXT MEETING There being no further business for consideration by the Budget and Implementation Committee, the meeting was adjourned at 10:16 a.m. The next meeting of the Budget and Implementation Committee is scheduled for February 24, 2014, at 9:30 a.m. Respectfully submitted, Jennifer Harmon Clerk of the Board • • • AGENDA ITEM 7A • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: February 24, 2014 TO: Budget and Implementation Committee FROM: Michele Cisneros, Finance Manager/Controller THROUGH: Theresia Trevino, Chief Financial Officer SUBJECT: Quarterly Financial Statements STAFF RECOMMENDATION: This item is for the Committee to: 1) Receive and file the Quarterly Financial Statements for the six months ended December 31, 2013; and 2) Forward to the Commission for final action. BACKGROUND INFORMATION: • • During the first six months of the fiscal year, staff monitored the revenues and expenditures of the Commission. The attached financial statements present the revenues and expenditures for the first six months of the fiscal year. Period closing accrual adjustments are not included for revenues earned but not billed and expenditures incurred for goods and services received but not yet invoiced, as such adjustments are normally made during the year-end closing activities. The operating statement shows the sales tax revenues for the second quarter at 30 percent of the budget. This is a result of Governmental Accounting Standards Board (GASB) Statement No. 33. GASB 33 requires sales tax revenues to be accrued for the period in which it is collected at the point of sale. The State Board of Equalization collects the Measure A funds and remits these funds to the Commission after the reporting period for the businesses. This creates a two -month lag in the receipt of revenues by the Commission. Accordingly, these financial statements reflect the revenues related to collections for October 2013. On a cash basis, the Measure A and Local Transportation Fund (LTF) sales tax revenues are 4.93 percent and 5.15 percent higher, respectively, than the same period last fiscal year. At the January 8 Commission meeting, staff presented the revised FY 2013/14 revenue projections and increased the Measure A and LTF revenues by $10 million and $4 million, respectively. These increased projected revenues are included in the sales tax revenues budget for this quarterly report. State Transit Assistance Fund initial receipts of $3.4 million for FY 2013/14 were received in November 2013. Staff will continue to monitor the trends in the sales tax receipts and report to the Commission any necessary adjustments. Agenda Item 7A 1 Federal, state, and local revenues are on a reimbursement basis. The Commission will receive these revenues as eligible project costs are incurred and invoiced to the respective agencies. Significant federal and state reimbursements are related to the Perris Valley Line and State Route 91 Corridor Improvement Project (SR -91 CIP) projects, which reimbursable costs are anticipated to occur during the last half of the fiscal year. During the FY 2013/14 budget process, the Commission took a conservative approach in estimating the Transportation Uniform Mitigation Fee (TUMF) revenues of $6.3 million passed through from Western Riverside Council of Governments (WRCOG). At the January 8 Commission meeting, staff presented the revised FY 2013/14 revenue projections and increased the TUMF revenues to $12 million, as reflected in this quarterly budget report. The Commission received TUMF receipts through October 2013. The budgeted balance of $423,400 relates to TUMF zone reimbursements from WRCOG for the 74/215 interchange project, of which the Commission received $17,489. Staff will invoice WRCOG for TUMF zone reimbursements as eligible expenditures are incurred in the third and fourth quarters. Other revenues include property management revenues generated from properties acquired in connection with the SR -91 CIP. The Commission took a conservative approach in estimating investment income for FY 2013/14 as a result of flat interest yields on investment balances. The investment losses reflected in the second quarter are related primarily to accrued interest due to sellers of investment securities that were purchased with SR -91 CIP financing proceeds. These amounts will be offset in future quarters when interest coupon payments are received. A portion of investment income related to the second quarter will be recorded in the third quarter. The expenditure categories are in line overall with the expectations of the budget with the following exception: • Professional services expenditures are not expected to exceed budget through the last half of FY 2013/14; • Support costs are under budget due to unused budget authority for station maintenance and repair as well as utilities; • Program operations reflect program management costs submitted through November 2013; • Special studies are under budget due to unused budget authority for project, planning, and monitoring and rail feasibility studies. The Commission will use the authority as the studies are developed; • Local streets and roads expenditures are related to the timing of Measure A sales tax revenues as previously explained. These financial statements reflect expenditures made to the local jurisdictions related to collections through October 2013; • • • Agenda Item 7A 2 • • • • Regional arterial expenditures primarily represent expenditures for the highways and regional arterial program administered by the Coachella Valley Association of Governments (CVAG). CVAG requests reimbursements from the Commission based on available funds and sufficient budget authority; • Capital outlay expenditures are under budget due to unexpended authority for hardware and software improvements and station security improvements; and • Operating transfers are slightly higher through the second quarter as a result of the completion of the 2013 financing for the SR -91 CIP and the transfer of 2013 sales tax revenue bond proceeds to retire commercial paper notes and fund capitalized interest and 2013 toll revenue bond proceeds to establish a debt service reserve fund and fund capitalized interest. In July 2013 the Commission completed the financing for the design and construction of the SR -91 CIP. The financing included the issuance of $462.2 million in sales tax revenue bonds and $176.7 million in toll revenue bonds, execution of a $421.1 million federal Transportation Infrastructure Finance and Innovation Act (TIFIA) loan with the U.S. Department of Transportation, and contribution of $136.5 million from the Commission during construction. A portion of the 2013 Sales Tax Bonds was used to retire $60 million of outstanding commercial paper notes with remaining proceeds to be used to pay a portion of the costs of the SR -91 CIP; capitalized interest on 2013 Sales Tax Bonds through December 1, 2017; and costs of issuance for the 2013 Sales Tax Bonds. The proceeds of the 2013 Toll Bonds were used to pay a portion of the costs of the SR -91 CIP; capitalized interest on the 2013 Toll Bonds through December 1, 2017; and costs of issuance for the 2013 Toll Bonds in addition to funding a debt service reserve of $17.7 million. The TIFIA loan will be used to pay eligible SR -91 CIP costs. The loan is a toll revenue bond (TIFIA Bond) that is subordinate to the 2013 Toll Bonds. Proceeds of the TIFIA Bond may be drawn upon after certain conditions have been met. The following list discusses the significant capital projects (i.e., total budgeted costs in excess of $5 million) and related status. Capital project expenditures are generally affected by lags in invoices submitted by contractors and consultants, as well as issues encountered during certain phases of the projects. The capital projects budgets tend to be based on aggressive project schedules. Highway Engineering/Construction/Design-Build/Right of Way/Land SR -91 High Occupancy Vehicle Lanes Project — Caltrans completed design work and expenditures remain within the budget authority. Utility relocation continues and the submittal of invoices for expenditures incurred to date continues to lag. Staff oversees right of way acquisition, which has been certified; one acquisition is still pending settlement. Construction began in April 2012 and is managed by Caltrans. 71/91 Interchange Project — The availability of federal earmark funds allowed the final design phase of work to move forward. A contract for the final design consultant was awarded at the February 2012 Commission meeting. Notice to proceed (NTP) was issued in March 2012 Agenda Item 7A 3 starting the final design phase. Final design was delayed due to the Army Corps of Engineers (ACOE) requirement for a new environmental assessment on pot holing on federal property. The ACOE also required preparation of an additional environmental assessment to cover project construction impacts on federal property resulting from the eastbound SR -91 to northbound SR -71 flyover connector. Right of way acquisition is expected to begin in the fourth quarter of FY 2013/14 and final design is expected to be completed during the second quarter of FY 2014/15. SR -91 CIP (design -build) — The Commission completed financing activities for this project including the issuance of sales tax and toll revenue bonds and execution of a TIFIA loan in July 2013. With the environmental document approved, full right of way acquisition work is underway including eminent domain proceedings and is expected to peak in FY 2013/14. Through the first half of FY 2013/14, the Commission completed all utility agreements for known private utility relocations and continues with several agency and railroad agreements remaining to be completed. A design -build contract was awarded in May 2013, and a limited NTP was issued concurrent with the contract award and included early deliverables and mobilization. Full NTP has been given and the contractor is proceeding. 1-15 CIP — Staff is working with the consultant to finalize an updated schedule and budget for the revised project scope the Commission approved in January 2013. Staff is proceeding to develop a project report and environmental document. This project is expected to remain under budget as a result of the revised project scope. 1-215 Central Widening Project from Scott Road to Nuevo Road — The NTP for construction was issued December 10, 2012, with the first working day starting in January 2013. Construction is on schedule. Rail Engineering/Construction/Right of Wav/Land Perris Valley Line Project — Final design is complete, and the Federal Transit Administration awarded the Small Starts grant agreement funds. Major outstanding right of way acquisition activity continues for the station and layover facility at South Perris. A lawsuit brought by the Friends of Riverside Hills challenging elements of the California Environmental Quality Act document was settled in July 2013, and recorded in the FY 2012/13 financial statements. The construction contract has been given full NTP and construction has commenced. Attachment: Quarterly Financial Statements — December 2013 • Agenda Item 7A 4 RIVERSIDE COUNTY TRANPORTATION COMMISSION QUARTERLY BUDGET VS ACTUAL 2ND QUARTER FOR SIX MONTHS ENDED 12/31/2013 • • • FY 2013/14 2ND QUARTER REMAINING PERCENT BUDGET ACTUAL BALANCE UTILIZATION Revenues Sales tax $ 246,798,000 $ 74,565,381 $ (172,232,619) 30% Federal reimbursements 94,389,000 2,328,452 (92,060,548) 2% State reimbursements 137,891,241 29,859,440 (108,031,801) 22% Local reimbursements 2,954,400 116,911 (2,837,489) 4% Transportation Uniform Mitigation Fee 12,423,400 2,970,516 (9,452,884) 24% Other revenues 500,000 377,504 (122,496) 76% Investment income (losses) 4,026,500 1,584,730 (2,441,770) 39% Total revenues 498,982,541 111,802,934 (387,179,607) 22% Expenditures Salaries and benefits 7,949,400 3,673,875 4,275,525 46% Professional and support Professional services 17,868,700 4,741,786 13,126,914 27% Support costs 5,576,700 1,965,455 3,611,245 35% Total Professional and support costs 23,445,400 6,707,241 16,738,159 29% Projects and operations Program operations - general 20,105,400 4,154,910 15,950,490 21% Engineering 22,026,000 4,188,631 17,837,369 19% Construction 239,879,774 16,294,273 223,585,501 7% Design Build 217,750,000 77,238,409 140,511,591 35% Right of way/land 177,687,800 49,485,356 128,202,444 28% Operating and capital disbursements 122,723,000 59,798,349 62,924,651 49% Special studies 1,069,000 33,062 1,035,938 3% Local streets and roads 46,865,900 14,139,210 32,726,690 30% Regional arterials 27,471,000 4,838,448 22,632,552 18% Total projects and operations 875,577,874 230,170,648 645,407,226 26% Debt service Principal 86,100,000 60,000,000 26,100,000 70% Interest 41,075,800 20,303,770 20,772,030 49% Cost of issuance 7,051,300 7,050,855 445 100% Total debt service 134,227,100 87,354,625 46,872,475 65% Capital outlay 786,200 26,113 760,087 3% Total Expenditures 1,041,985,974 327,932,502 714,053,472 31% Excess revenues over(under)expenditures (543,003,433) (216,129,568) 731,891,286 40% Other financing sources/(uses) Operating transfer in 637,010,565 321,787,683 (315,222,882) 51% Operating transfer out (637,010,565) (321,787,681) 315,222,884 51% TIFIA loan proceeds 110,000,000 - (110,000,000) N/A Debt proceeds 632,158,000 638,854,602 6,696,602 101% Bond premium 68,616,000 38,328,774 (30,287,226) N/A Bond discount (2,433,300) (2,433,315) (15) N/A Total financing sources/(uses) 808,340,700 674,750,063 133,590,637 83% Net change in fund balances 265,337,267 458,620,495 865,481,923 173% Fund balance July 1, 2013 590,821,600 622,186,895 31,365,295 105% Fund balance December 31 2013 $ 856,158,867 $ 1,080,807,390 $ 896,847,218 126% 5 Debt servic e Principal Interest _ _ 80,000,000 - 60,000,000 Cost of issu ance - _ - - - 789 - 20,302,981 20,303,770 Total de bt service _ - _ _ - - - 4,131,685 2,919,170 - 7,050 ,855 60,000,789 4,131,685 2,919,170 20,302,981 87,354,625 Capital outlay 12,345 13,768 26,113 • •RSIDE COUNTY TRANSPORTATION COMMISSION • QUARTERLY BUDGET VS ACTUALS BY FUND 2ND QUARTER FOR SIX MONTHS ENDED 12/31/2013 MEASURE A SALES TAX PAL O LOCAL TRANSPORT ATI ON FSP/ WESTERN COACHELLA C OMBINED GENERAL FUND VE RDE TRANSPORTATI ON STATE TRANSIT UNIFOR M C OMME RCIAL SALES TAX TOLL REVENUE SAFE COUNTY VALLEY ASSISTANCE MITI GATION FEE PAPER B ONDS BONDS DEBT SERVICE VALLEY FUND T OTAL Revenues (TUMF) Sales tax $ 1,120,000 $ Federal reimbursements 3,450 122 - $ 35,120,319 $ 11,047,760 $ 346,336 $ 23,551,328 $ - 3,379,638 $$ 941,180 _ _$ - $ $ - $ 74,565,381 State reimbursements 17,019 985,504 28,856,917 _ - 1,383,700 2,328,452 Local reimbursements 51 ,214 5,503 60,194 _ _ - 29,859,440 Transportation Uniform M itigatio n Fee 17,489 _ - 116,911 Other rev enues 5,694 345 371,465 - - _ 2.953,027 - - - - 2,970,516 Investment inco me (losses) 10,285 6,473 218,640 25,375 - _ - - 377,504 - Total revenues 77,812 45621 65261 911,785 (749 128) 116 032 856,574 1,584,730 1,207,662 997,947 65,588,204 11,073,135 346,336 23,629,140 3,425,259 3,018,288 911,785 (749,128) 116,032 2,240,274 111,802,934 Expenditures Salaries and benefits 2,134,387 55,427 1,355,827 120 128,114 Professional and support -- 3,673,875 Professional servic es 421,272 125,211 3,825,257 _ Support costs 1,563,808 109,009 292,014 270 ,044 300,000 - - 4,741 ,786 Total Professional and support costs 624 - 1,965,455 PP 1,985,080 234,220 3,917,271 270,670 300,000 - - 6,707,241 Projects and operations Program operations -general 583,219 1,006,453 2,427,489 750 3108,926 5,755 131,994 Engineering - - 4,154,910 Construction 13,217,199 1,078,955 4,188,631 Design Build3,077,074 _ Right of way/land - 77,238,409 _ _ 16,294,273 42,863,323 - - 77,238,409 O pe ra ting and capital disbursements 8,097,026 - 2,367,050 2,608,500 33,558,078 13,147,895 6,822,033 - - 49,485,356 Special studies - 33,082 _ - 59,798,349 Local streets and roads - 9,926,158 3,866,716 346,336 - 33,062 Regio nal arterials 9,926,158 - - 14,139,210 To tal projects and operations 8,680,995 1,008,453 151,201,616 11,319,419 346,336 33,558,078 - 4,838,448 13,147,895 10,910,056 - - 230,170,648 Total Expenditures 12,812,807 1,296,100 158,488,482 11,319,539 346,336 33,558,078 13,147,695 11,308,840 60,300,789 4,131,685 2,919,170 20,302,981 327,932,502 Excess revenues over (under) expenditures (11,605,145) (298,153) (90,902,278) (246,404) (9,928,938) (9,722,436) (8,290,552) (59,389,004) (4,880,813) (2,803,138) (18,062,707) (216,129,568) O ther financing sou rces/(uses) O perating transfer in 8,214,390 - 93,038,548 Operating transfer out _ - _ 414,495 60,001,951 - - 160,118,299 321,787,683 TIFIA loan proceeds - (7,979,836) - - (8,214,390) - (5,928,271) (184,365,952) (113,915,532) (1,383,700) (321,787,681) Debt proceeds _ Bond premium _ - 462,200,000 176,654,602 638,854,602 Bond discount - - 38,328,774 - 38,328,774 Total financ ing sources/(uses) 8,214,390 - 85,058,712 - - - (2,433 315) - (2,433,315) (8,214,390) 414,495 54,073,680 316,162,822 60,305,755 158,734,599 674,750,063 Net change in fund balances Fund balance Ju ly 1, 2013 (3,390,755) (298,153) (5,843,566) (246,404) (18,143,328) (9,722,436) (7,876,057) (5,315,324) 311,282,009 57,502,617 140,671,892 458,620,495 12,840,351 7,482,078 294,464,723 27,356,273 556 105,242,957 55,693,488 67,306,789 36,097,201 4,477,116 Fund balance December 31 2013 11,225,363 080,107,390 $ 9.449.596 $ 7.183.925 $ 288.621. 157 $ 27.109. 869 $ 556 $ 87 099 629 $ 45 971 052 S 59 din 7 32 30 781 877 315 759 125 or and tll / 5 151 697 255 $ 1,080,807,390 6 • AGENDA ITEM 7B • • • • • • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: February 24, 2014 TO: Budget and Implementation Committee FROM: Theresia Trevino, Chief Financial Officer THROUGH: John Standiford, Deputy Executive Director SUBJECT: Quarterly Sales Tax Analysis STAFF RECOMMENDATION: This item is for the Committee to: 1) Receive and file the sales tax analysis for Quarter 3 2013 (03 2013); and 2) Forward to the Commission for final action. BACKGROUND INFORMATION: At its December 2007 meeting, the Commission awarded an agreement to MuniServices, LLC (MuniServices) for quarterly sales tax reporting services plus additional fees contingent on additional sales tax revenue generated from the transactions and use tax (sales tax) audit services. As part of the recurring contracts process, the Commission approved a five-year extension through June 30, 2018. The services performed under this agreement pertain to only the Measure A sales tax revenues. Since the commencement of these services, MuniServices submitted an audit update, which reported findings generated and submitted to the State Board of Equalization (SBOE) for review and determination of errors in sales tax reporting related to 274 businesses. For April through June 2013 (Q2 2013), the SBOE approved corrections for 205 of these accounts for a total sales tax revenue recovery of $3,593,681. Updated amounts through Q3 2013 will be provided once received from MuniServices. If the SBOE concurs with the error(s) for the remaining claims, the Commission will receive additional revenues; however, the magnitude of the value of the remaining findings was not available. It is important to note that while the recoveries of additional revenues will be tangible, it will not be sufficient to alter the overall trend of sales tax revenues. Additionally, MuniServices provided the Commission with the quarterly sales tax summary report for the third quarter of calendar year 2013 (Q3 2013). Most of the Q3 2013 Measure A sales tax revenues were received by the Commission in the fourth quarter of calendar 2013, during October through December 2013, due to a lag in the sales tax calendar. The summary section of the Q3 2013 report is attached and includes an overview of California sales tax receipts, local results, historical cash collections analysis, summary of the top 25 sales tax Agenda Item 7B 7 contributors, historical sales tax amounts, sales tax by business category, economic trends for significant business category (auto sales -new), and results. The following observations were noted in the Q3 2013 report: • Sales tax receipts for Riverside County were flat compared to Q3 2012. While auto sales -new and building materials -wholesale receipts had significant increases in Q3 2013 compared to Q3 2012, staff noted lower receipts during the same period from certain energy -related companies, which may be attributable to solar developments in Riverside County. • Taxable transactions for the top 25 tax contributors in Riverside County, which generated 23 percent of the taxable sales for the year ended Q3 2013 compared to 24 percent for the year ended Q3 2012. The top 100 tax contributors generated 37 percent of the taxable sales for the year ended Q3 2013 compared to 38 percent for the year ended Q3 2012. • All six economic categories experienced increases in the Q3 2013 benchmark year compared to Q3 2012. Construction had the largest increase at 16.7 percent and has experienced significant increases for several recent quarters. The construction increase was primarily related to the building materials wholesale segment. The other top five economic categories had increases ranging from 1.7 percent to 7.1 percent. ECONOMIC CATEGORY ANALYSIS ° afro# " a! � ;* ��r���+ M" � �, # �u ,r ��_�; t '' vE ,. �. - � tE " Vic ' me � ails ,b Cent�a� � F M , . kN ,t "-k � � � Scut Coast � Jr►(and t Emprre �-��, North Coast ,r Central t1as s a General Retail 28.7 / 6.0 28.9/3.5 28.2/3.8 28.9/3.6 30.6/2.5 29.2/3.4 26.7/4.3 28.6/3.8 32.3/3.6 Food Products 15.9 / 4.3 19.3/4.5 20.3/6.3 16.4/2.3 16/2.3 20.1/4,2 16.3/4.1 18/2.9 30.4/2.6 Transportation 26.8 / 6.3 24.9/5.6 22.5/9,3 28.7/7.5 27.2/7.3 24.7/3.4 28/6.8 31.2/4.7 21.5/0.6 Construction 11.9 / 16.7 8.8/4.1 8.7/6 10.2/5.7 10.7/2.3 7.8/0.9 11.9/15.9 12.4/5.5 9.4/12.9 Business to Business 14.9 / 7.1 17/1.1 19.1/-4.8 14.1/5.9 14.4/3.9 17.2/2.5 15.5/10.7 9/1.9 5.2/-3,2 Miscellaneous 1.9 / 1.7 1.2/-0.7 1.2/4.6 1.7/8 1.2/2.4 1/-3.3 1.6/-8.9 0.8/-14.6 1.1/5.9 Total 100.0 / 7.0 100/3.8 100/3.9 100/5.1 100/3.9 100/3.2 100/7 100/3.7 100/3.1 General Retail: Apparel Stores, Department Stores, Furniture/Appliances, Drug Stores, Recreation Products, Florist/Nursery, and Misc. Retail Food Products: Restaurants, Food Markets, Liquor Stores, and Food Processing Equipment Construction: Building Materials Retail and Building Materials Wholesale Transportation: Auto Parts/Repair, Auto Sales - New, Auto Sales - Used, Service Stations, and Misc. Vehicle Sales Business to Business: Office Equip., Electronic Equip., Business Services, Energy Sales, Chemical Products, Heavy Industry, Light Industry, and Leasing Miscellaneous: Health & Government, Miscellaneous Other, and Closed Account Adjustments • For six of the top ten segments (department stores, auto sales -new, restaurants, building materials -wholesale, miscellaneous retail, and apparel stores), sales taxes reached a new high point during Q3 2013. These six segments represent 50.8 percent of the total sales tax receipts. The other four top ten segments (service stations, food markets, light industry, and building materials -retail) were under the high point, which • Agenda Item 7B 8 occurred in one of the two prior quarters except for service stations which occurred in Q4 2012. These four segments represent 25.3 percent of the total sales tax receipts. • Service stations, department stores, and auto sales -new represent the three largest economic segments for Riverside County, or 32.6 percent of total sales taxes. This is the fourth consecutive quarter since Q3 2008 that auto sales -new has been in the top three economic segments, as the restaurants segment held that position since the recession. It should also be noted the growth seen in previous quarters for the service stations segment has been declining as shown by the 1.0 percent decrease for the year ended Q3 2013 due to lower gas prices. ECONOMIC SEGMENT ANALYSIS i t 1 r ��n fl t = {i'?E ROTC gp� FJ t�� Restaurants Y{ `'k!9� Restaurants `�' V�fiH" .=,.. Z� Department Stores ''�'F' �y�.{'{ZyF9zY} rk Department Stores t k Restaurants yy A 1 _ Auto Sales - New 1 `✓'" gk�'#`e 3�4�t Largest Segment Service Stations Department Stores Restaurants % of Total / % Change 11.2 / -1.0 13.3/5.3 14.1/6.5 11.9/3.0 14.3/3.6 14.2/5.1 11.6/15.2 13.6/1.3 20.5/2.3 2nd Largest Segment Department Stores Department Stores Auto Sales - New Auto Sales - New Service Stations Department Stores Service Stations Service Stations Department Stores % of Total / % Change 10.9 / 4.4 10.5/3.6 9.5/20.8 11.4/18.9 11.9/0.2 10.2/3.6 11.2/-1.5 13.3/-1.9 9.7/15.1 3rd Largest Segment Auto Sales - New Auto Sales - New Department Stores Restaurants Restaurants Auto Sales - New Department Stores Restaurants Misc. Retail % of Total/ % Change 10.5 / 15.1 10.1/14.7 9.3/3.9 10.4/4.5 9.6/4.2 10.2/11.8 10.4/2.7 9.6/4.6 9.6/-0.3 During the review of the Q3 2013 detailed report with MuniServices, information regarding sales tax comparisons by city and change by economic category from Q3 2012 to Q3 2013 was provided. Jurupa Valley, as a newly incorporated city, will be listed when sufficient comparative information is available, which could occur in Q4 2013. Staff continues to monitor monthly sales tax receipts and other available economic data to determine the need for any adjustment to the revenue projections. Staff will utilize the forecast scenarios included with the complete report and recent trends in assessing such projections. Attachments: 1) Sales Tax Analysis Q3 2013 2) Sales Tax Comparison by City for Q3 2012 to Q3 2013 Agenda Item 7B 9 ATTACHMENT 1 RCTC Sales Tax Digest Summary • Collections through December 2013 Sales through September 2013 (2013Q3) CALIFORNIA'S ECONOMIC OUTLOOK California sales tax receipts increased by 3.4% over the same quarter from the previous year, with Northern California reporting a 4.0% increase compared to 2.9% for Southern California. Receipts for the RCTC changed by -.2% over the same periods. According to the UCLA Anderson Forecast, Real Personal Income growth in California is projected to be 1,9% for 2013, followed by 3.3% in 2014 and 2015. Employment in the Bay Area, Orange County, San Diego and Ventura has consistently grown at a faster rate than the country as a whole. Los Angeles and the mid -coast have seen employment growth similar to national rates, but the Sacramento Delta, the San Joaquin Valley and the Inland Empire continue to fail further behind the rest of the state. In Addition, according to DataQuick, "In the past, moderate economic fundamentals have supported long term home price growth rates of 3 to 4 percent. Current economic drivers, while positive, are weaker than those experienced in most expansions and considerable uncertainty exists about future economic prospects. The current elevated home price growth rates cannot continue without increased risk of a substantial correction." • LOCAL RESULTS Net Cash Receipts Analysis • Local Collections Share of County Pool 0.0% Share of State Pool 0.0% SBE Net Collections Less: Amount Due County 0.0% Less: Cost of Administration Net 3Q2013 Receipts Net 3Q2012 Receipts Actual Percentage Change $36,787,335 0 0 36,787,335 .00 (447,720) 36,339,615 36,406,568 -.2% Business Activity Performance Analysis Local Collections Less: Payments for Prior Periods Preliminary 302013 Collections Projected 3Q2013 Late Payments Projected 302013 Final Results Actual 302012 Results Projected Percentage Change $36,787,335 (2,228,353) 34,558,983 1,420,360 35,979,343 34,550,799 4.1% www.MuniServices.com (8v) 800-8181 Page 1 RCTC HISTORICAL CASH COLLECTIONS ANALYSIS BY QUARTER $20,00 515,000 Net R+ece pta ndsoi 012 3Q2012 4Q2012 IQ2013 2Q2013 3Q2013 "•10"'500E Admin Fees nut 5450 $400 5350 5300 5250 5200 $150 -'510 0 -550 50 E TOP 25 SALES/USE TAX CONTRIBUTORS The following list identifies RCTC's Top 25 Sales/UseTax contributors. The list is in alphabetical order and represents sales from October 2012 to September 2013, The Top 25 Sales/Use Tax contributors generate 23.2% of RCTC's total sales and use tax revenue. AMAZON.COM MACY'S DEPARTMENT STORE BEST BUY STORES RALPH'S GROCERY COMPANY CARMAX THE AUTO SUPERSTORE RITE AID DRUG STORES CHEVRON SERVICE STATIONS ROSS STORES CIRCLE K FOOD STORES SAM'S CLUB COSTCO WHOLESALE STATER BROS MARKETS DEPT OF MOTOR VEHICLES TARGET STORES DESERT SUNLIGHT TESORO REFINING & MRKTNG CO GENESIS SOLAR TOYOTA OF RIVERSIDE HOME DEPOT VONS SERVICE STATIONS K MART STORES WAL MART STORES KOHL'S DEPARTMENT STORES WALGREEN'S DRUG STORES LOWE'S HOME IMPROVEMENT • • www.MuniServices.com (800) 800-8181 11 Page 2 RCTC • • • (In thousands°FS) MM.". il., 10211MMOSSM WEIVAIOM S s0 HISTORICAL SALES TAX AMOUNTS The following chart shows the sales tax level from sales through September 2013, the highs, and the lows for each segment over the last two years. $18,000 $16,000 $14,000 S12,000 S10,000 $8,000 $6,000 S 4,000 $2,000 $0 QeQ eft ^t3 PJtio 4e ; a ANNUAL SALES TAX BY BUSINESS CATEGORY r Q 2 0 1 3 2 Q 2 0 1 3 1 Q 2 0 1 3 4Q 2 0 1 2 3Q 2 0 1 2 2 Q 2 0 1 2 1 Q 2 0 1 2 4 Q 2 0 1 1 3 Q 2 0 1 1 2 Q 2 0.1 1 1 $20,000 Soo 000 j 11€1 C e e f r t. I R etall'Ill Food PPrr,o`d^r c t s t,%,- T_ r s ,000 $00,000 $100,000 5120,000 5140,000 Constru tion Business To llusinese 13etiiantop s� www.MuniServices.com (800) 800-8181 12 Page 3 RCTC FIVE-YEAR ECONOMIC TREND: Auto Sales - New S4,000 S3,500 $3,000 $2,500 FINAL RESULTS: April -June 2013 Sales Local Net Cash Collections Less: Pool Amounts Less: Prior Quarter Payments Add: Late Payments Local Net Economic Collections after AdjustmentVa { . Percent Change from January -March 2012 Sales MUNISERVICES' ON -GOING AUDIT RESULTS This Quarter $284,223 Total to Date $3,704,962 i $38,757,308 ($-447,720) ($3,098,827) $1,676,245 $37,782,446 UP BY 5.4% 1 www.MuniServices.com (800) 800-8181 13 Page 4 Southern California: Sales Tax Com ariso m Jul -Sept 2012 Sales to Jul -Sept 2013 Sales ATT ACHME RANSPORTATION AUTHORITY ftGTC Retail 4.7% Products 2.1' % A 7 .0°la to Business �� t` .It .o' _± - - . r. Total 363' -, ep r Total t o: o g Largest Gain _ 2nd Largest Gain Largest Decline argest Decline IVERSIDE COU NTY Banning -2.7% -1.2% 8.6 % 6.6 % 27.6% -76 .4% 429,190 413,171 3 .9 % Service Stations Auto Sales - Used Food Markets Miscellaneous Other Beaumont 6 .7% 0.4% 6.6% 10 .3% -0 .3% 30 .3 % 839,913 798,175 5 .2% Misc. Vehicle Sales Department St ores Ser vice Stati ons Heavy Industry Blythe 2.2% 8 .8 % 10.2 % -41.4% -2 .2 % 168 .6% 407,144 406,928 0 .1% Aut o Sales - New Restaurants Bldg .Matls-Whsle Energy Sales Calimesa -4.4% -5 .4 % 0.8 % 35.2 % 11.6 % 11.6% 154,667 156,937 -1 .4% Chemical Products Service Stations R estaurants Food Markets Canyon Lake 7.8% -41.1 % 194.5% -17.2% 189.7 % -4.9% 36,923 38,752 -4 .7 % Service Stations Department Stores Liquor Stores Food Markets Cathedral City 5 .5% -3.1 % 22 .2 % 7.9% 3 .9 % 3.5% 1,683,825 1,479,192 13.8 % Auto Sales - New Misc. Vehicle Sales Business Services Food Markets Coachella -0.8 % 1 .0% -1.8% 27.5% 9 .5 % -20.9 % 726,440 718,081 1.2 % Bldg.Matls-Whsle Light Industry Service Stati ons Auto Sales - Us ed Corona 4.3% 1.7 % 1.8% 23.7% -3 .5% -5.9% 7,953,321 7,458,132 6.6% Bldg .Matls-Whsle Auto Sales - N ew Light Ind ustry Chemical Pr oducts Desert Hot Springs -5.3% -1.1 % 3.6% 343.9 % 19 .5% -12 .2% 319,788 297,356 7 .5% Bldg.Matls-Whsle Service Statio ns Apparel Stores Department St or es Eastv ale 3. 9% 1.7 % -1.0% 11.2% -1.3% 51.4% 1,286,212 1,250,557 2.9% Bldg.Matls-Whsle Misc ella neous Retail Bldg.Matls-Retail Electro nic Equipment Hemet 0.5% 0.8% 20 .4% -33.9% 4.8% -17.3% 2,216,088 2,078,459 6 .6% Auto Sales - New Auto Parts/Repair Bldg.Matls-Retail Servic e Stations Indian Wells 39. 0% -12.3% 30.9% 1367 .3 % -41 .2 % -91 .8% 91,692 96,534 -5.0 % Miscellaneous Retail Bldg.Matls-Whsle Rest aurants Business Services Indio 1.4% 0.0% 20.7% 15.4% -1.5% 28 .6 % 1,800,473 1,631,752 10.3% Auto Sales - New Service Stations Light Industry Electronic Equipment La Quinta -2.6% -0.1% 11.2% -45.6% 13 .8% 9 .8% 1,332,826 1,377,889 -3 .3 % Auto Parts/Repair Auto Sales - New Bldg.Matls-Retail Miscellaneous Retail Lake Elsino re 0. 0% 3.6% -3.4% 12 .6% 11.8 % -51 .1 % 1,652,990 1,635,096 1.1% Bldg .Matls-Whsle F ood Markets Bldg.Matls-Retail Service Stations Menifee 4. 3% 4.2% 9.7% -69 .3% 15.0 % -24.3 % 1,094,256 1,089,620 0.4 % Misc . Vehicle Sales Restaurants Bldg.Matls-Retail Service Stations Moreno Valley 1. 3% 0.1% 5. 4% -13 .5 % -9 .1 % 20 .5% 3,176,482 3,155,687 0.7% Auto Sales - New Bldg.Matls-Whsle BIdg .Matls-Retail Office Equipme nt Murrieta 7. 2% 2.6% 18.3% -21.2 % 25.8% 26 .9% 2,753,245 2,545,784 8.1 % Aut o Sales - New Misc. Vehicle Sales Bldg. Matls-Retail Florist/N ursery Norco 2. 5% -0.1% 12.6% 18.6% 14.2% 0 .9% 1,181,156 1,087,130 8 .6% Aut o Sales - New Auto Sales - Used Service Stations F ood Markets Palm Desert 1. 5% 7. 2% 10.3% 6.1% 1.2% 24 .3% 2,864,248 2,760,230 3 .8% Miscellaneous Retail Restaura nts Bldg.Matls-Retail F urniture/ Appliance Palm Springs 6.4% 8.1% 6.0% -2. 9% 2.9% -22.0% 1,976,632 1,888,554 4.7% Restaurants Miscellaneous Retail Bldg.Matls-Retail Health & Government Perris -0.1% 3. 8% 16.4% 19. 2% 62.9% -20 .6% 1,842,845 1,597,114 15 .4% Electronic Equipme nt Auto Sales - New Miscellane ous Other Light Industry Rancho M irage 20.0% 12.0% 23.8% -1.5% 8.4% 9 .6 % 795,360 698,972 13.8% Auto Sales - New R estaur ants Misc . Vehicle Sales Bldg.Matls-Retail Riverside 3. 0% 3. 5% 9.1% 14.7% 10.7% -2 .8% 11,300,392 10 ,517,881 7 .4 % Auto Sales - New Bldg.Matls-Whsle Service Stati ons Miscellane ous Retail Riverside County 2.9% 7.4% -3. 7% 22.4% -43. 9% 0.2% 7,158 ,512 7,045,297 1.6 % Bldg.Matls-Whsle Food Pr ocessing Eqp Business S ervic es Electr onic Equipment San Jacinto 2.1% -1.7% 8. 7% -6.7% -34.1% -25.0% 507,059 504,173 0.6 % Service Stations Auto Sales - Used Heavy Ind ustry Food Markets Temecula -1.8% 2.3% 3. 6% 12.0% 7. 8% 9.5% 6,368,679 6,233,005 2.2 % Auto Sales - New Energy Sales Light Industry Miscellane ous Retail Wildomar 7.1% -0.3% 3. 2% 2.3% 904.4% -14.8% 318,212 303,000 5.0% Office Equipment Service Statio ns F ood Markets Bldg.Matls-Whsle 14 MuniServices, LLC • • • AGENDA ITEM 7C • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: February 24, 2014 TO: Budget and Implementation Committee FROM: Megan Kavand, Accounting Technician Anne Hallberg, Accounting Supervisor THROUGH: Theresia Trevino, Chief Financial Officer SUBJECT: Quarterly Investment Report STAFF RECOMMENDATION: This item is for the Committee to: 1) Receive and file the Quarterly Investment Report for the quarter ended December 31, 2013; and 2) Forward to the Commission for final action. BACKGROUND INFORMATION: For the past few years and as a result of a low interest rate environment, the Commission's quarterly investment reports have reflected investments primarily concentrated in the Riverside County Pooled Investment Fund (RCPIF). Other investments included the state Local Agency Investment Fund and mutual funds. In connection with the issuance of sales tax revenue bonds and toll revenue bonds and the execution of Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for the State Route 91 Corridor Improvement Project (SR -91 CIP), the Commission anticipated the need to engage an investment manager for the bond proceeds and other required funds. Additionally, the Commission desired to engage an investment manager to provide investment advisory and management services related to the Commission's operating funds. Accordingly, at its May 2013 meeting, the Commission awarded two investment management services agreements to Logan Circle Partners, L.P. (Logan) for SR -91 CIP funds and to Payden & Rygel Investment Management (Payden & Rygel) for Commission operating funds. Logan invested the SR -91 CIP debt proceeds during the first quarter of FY2013/14 in the Short - Term Actively Managed Program (STAMP). Since most of the first quarter activity concentrated in the investment and accounting for the SR -91 CIP financing, Payden & Pygel has not yet been authorized to make specific investments for the Commission's operating funds. The quarterly investment report for the second quarter of FY 2013/14 as required by state law and Commission policy reflects the investment and disbursement activities resulting from the Agenda Item 7C 15 SR -91 CIP. During the quarter ended December 31, 2013, 1:he Commission expended approximately $55,191,000 and $12,811,000 of the SR -91 CIP debt proceeds for project costs and debt service payments, respectively. The quarterly investment report includes the following attachments: • Investment Portfolio Report • STAMP Portfolio by Investment Category • STAMP Portfolio by Account • STAMP Portfolio Transaction Report by Account • STAMP Portfolio Summary of investment by credit rating, industry group, asset class, security type and market sector • STAMP Portfolio Toll Revenue Project Senior Lien Fund Sumrnary of investment by credit rating, industry group, asset class, security type and market sector • STAMP Portfolio Toll Revenue Project Sales Tax Revenue Fund Summary of investment by credit rating, industry group, asset class, security type and market sector • STAMP Portfolio Toll Revenue Series A and Series B Reserve Fund Summary of investment by credit rating, industry group, asset class, security type and market sector • STAMP Portfolio Toll Revenue Project Capitalized Interest Fund Summary of investment by credit rating, industry group, asset class, security type and market sector • STAMP Portfolio Sales Tax Revenue Capitalized Interest Funcl Summary of investment by credit rating, industry group, asset class, security type and market sector • County of Riverside Investment Report for the Quarter Ended December 31, 2013 The Commission's investments were in full compliance with the Commission's investment policy adopted on June 7, 2012. Additionally, the Commission has adequate cash flows for the next six months. Attachments: 1) Investment Portfolio Report 2) STAMP Portfolio by Investment Category 3) STAMP Portfolio by Account 4) STAMP Portfolio Transaction Report by Account 5) STAMP Portfolio Summary of Investments 6) STAMP Portfolio Toll Revenue Project Senior Lien Fund Sumrnary of Investments 7) STAMP Portfolio Toll Revenue Project Sales Tax Revenue Fund Summary of Investments 8) STAMP Portfolio Toll Revenue Series A & Series B Reserve Fund Summary of Investments 9) STAMP Portfolio Toll Revenue Project Capitalized Interest Fund Summary of Investments 10) STAMP Portfolio Sales Tax Revenue Capitalized Interest Funcl Summary of Investments 11) County of Riverside Investment Report • Agenda Item 7C 16 FAIR VALUE RATING MOODYS/FITCH/S&P 15,855,518 377,538,547 3,622,859 397,016,924 A3/BBB + Aaa-bf/AAAN1 Not Rated 87,351,857 Aaa-bf/AAAN1 87,351,857 1 Aaa/AAAm 5,518,090 Aaa-bf/AAAN1 108,897 5,626,989 57,393,719 311,171,935 17,652,657 28,706,583 94,448,209 509,373,102 $ 999,368,871 • • ATTACHMENT 1• Riverside County Transport ation C ommission Investm ent Portfolio Report Period Ended: December 31, 2013 OPERATING FUNDS City National Bank Deposits County Treasurer's Po oled Investment Fund Local Agency Investment Fund (LAIF) Su bto tal Operating Fu nds FUNDS HELD IN TRUST County Treasurer's Pooled Investment Fund: Local Transportation Fund Subtotal Funds Held in Trust CO MMISSION MANAGED PORTFOLIO US Bank Money Market First Americ an Government Obligation Fund Co st of Issuance Fund BNY Mellon M oney Ma rket Subtotal Commission Managed Po rtfolio STAMP PORTFOLIO for 91 CIP To ll Revenue Project Senior Lien Fund Toll Revenue Project Sa le s Tax Revenue Fund Series A & Series B Reserve Fund Toll Revenue Project Capitalize d Interest Fund Sales Tax Revenue Capitalize d Interest Fund Subtotal STAMP Portfolio TOTAL All Cash and Inv estments 400,000,000 • 350,000,000 300,000,000 250,000,000 200,000,000 i 150,000,000 100,000,000 50,000,000 COUPON RATE N/A N/A N/ A N/ A N/A N/A PAR VALUE See atta ched report for details Se e attached report for details See att ached rep ort for details Se e att ached report for details See attached report for details Nature of Investments ■ STAMP Po rtfolio for 91 CIP Reserve ' STAMP Po rtfolio for 91 CIP Project Fund a STAMP Portfo lio for 91 CIP Capitalize d Interest * STAMP Po rtfolio for 91 CIP COI ■ Commission Managed Po rtfolio De bt Reserve *Trust Funds * Operating Funds PURCHASE MATURITY YIELD TO DATE DATE MATURITY N/A 0.37 % N/A 0.37% N/A PURCHASE MARKET UNRE ALIZED COST VALUE GAIN (LOSS) Portf olio In vestment Type 0 .12 % M on ey Market Funds 51 .60% Fixed Inc ome 0 .02% Cash 0 .33% LAIF 0.S5% Mutual Funds 47 .39% C ounty Po ol/Cash 17 • • • loa rrc Account,. ,. d2I I,c2' , ten Res erv e Fund-/ r347621 147021 3 17025 :47.621 ' 317021 :347625 '347621 34701 ;47628 4'.721 17621 .347 021 5347621 3476 28 34,021 34771 .14762 3 ;47623 - 347621 76?, 205091001 .2050,10'11 L47621 47623 205091001 147721 347623 2053191001 34762_1 205091001 20507 1001 205091001 47023 205091001 204,+•11 001 • ATTACHMENT 2 STAMP Portf olio by Category for quarter ended Decemb er 31, 2013 Seeunt} type dePilfu;,_,.. . CatggQry ; 3133331034 Agency Feddii LC -Sr Lren Reserve Fund -1 "I137EA0132 1_C -Sr Lien Resen, hued• l :1 3 71 :A( ':A5 LC -Project Fund -2_ Senio r1.mn 31;46314H L(' -Sr I ,on keae ne Fund -I 3I3�G n1,;B8 LC -Sr Lien Reserv e Fund -1 3I35G0IA2 I.(' -I'1-22 Sales Tav Res en uo Bo nd 31' 1X11300 LC -Sr Lien Re serve Fund -1 313056564 C -Sr L en Rese rv e F, nd-I 8137139(692 LC -Pr -2 Sa les Tax Re , entre fien d 31395/67 2 l. (' -Sr Lre.n Re,erve Fund -1 313 7AQ 134 LC -Sr Gen Reserve Fund -1 313761111;3 LC -Sr 1 ren Resent Fun d -1 31395671'5 LC -Sr Lie n Rese n e Fund -1 3137AEV7 7 L('- 1 1 -2 S, 11es fax Re,nue Bon d 313,5.M1. :r4 LC -Sr Len Reserve. Fund -1 31398VWC6 1 C -Sr Len Reserv e Fund -1 313767622 LC Sr Oren 0b Fund -1 Interest 31393V 21 7 1.L•-tir 1 -ten 00 Fund• 1 ho nest 3137ASN113 LC -Sr Lien Resent Fund -1 3137A SNH 3 , Lien 00 Fond- l ln kacs1 3137A:NL111 LC -2013 A Capnalrz cd Interest 31393\'21'7 LC"2013 A C4 pna lrze d Inte rest 3137AN1.I' 8 LC -Sr Lien Reserv e Fund -1 31392/283 1."C" -S, 1.re n Oh Fun d -1 Iuierevt 33361111018 LC -2013 A Caprtalrzed Interest 313920W63 1 z_' -Sr Lrc n Reserve Fund:1 13 1A7M28 LC -Sr Len 06 Fund -1 Inte rest 3136A 4M89 LC -2013 A Cu lutalized Inte rest 313921313333 LC -Sr L en Reserve Fun d -I 31366 72D 3 LC -'3133 A (' 93' 1 ve/ Interest 3139,2FPPo LC -2013 A Capualizcd In terest 31392F6C6 LC -'_813 A Capttn hred Interest t13064M8'3 LC -20I 3 A Caprtalved Interest 31393EYC8 1 _C -sr Len O6 Fu nd -1 Interest 313668(1311 LC -2013 A Caprtalrzed Interest _3 l36A CCIF2 1.3.-2,)13 .A Cal;ahaal in terest 3336.3038 34,621 .LC - Sr Len Reserve Fund -1 21 1347621 347621 1+' -sr L,,,, Reserv e Fund -1 LC -Sr Lien Re se n e Fun d -1 L(' -Sr 1 :eo R, ,e rse Fuu.l"I 1347021 LC -Sr Len Rese rve Fund -1 12x750°l0616 LC - _013 A (-apru,lrzed Interest 20,001001 LC ?013 A Caprtalrzed Intere,t 213'x91:01 LC -2011 A ('apnalrccd /me rest '347621 LC -Sr Lien R eserv e Fund -1 , 3476 21 1 (' .Sr !Lon It esc rvc Fund• 1 '205091001 LC -201 3 ACapnal¢ed Interest ^CI5,03671 LC -2013 A Caprralreed in terest '205091001 L6-2013 A Caprtahzed Interest '20?0'0, 9 1.('•_013 A Capnelr:ed /mete s/ tier Agena Federal Home Loan Mortgage C orp oratio n :Agenet F ederal Agency Federal H ome Loan Mortg age Corporatio n Ag .. Agency Agene+' Agency CMO Federal H ome L oan Mortgage Corporation A2enr A gency CMO Federal Home Loan Mortgage Corporation Agency„ .Agency CMO Federal Hor ne L oa n Mortg age Corporation .A;enG. 1 o Agency CMO Federal Home Loan M ortgage Corporation Agene+ A gen cy CMO Alai Agenc CMO Federal H ome Loan Mortgage Corporation Agene A gency CMO Agen e Agency CMO AAA ' A gency CMO Federal N ational Mortgage Association Agenc CMO Federal National Mortgage Assoc iation CMO Federa l N ational Mortgage Association enc CMO Federal N ational Mortgage Association `.+ °: '. Federal National Mortg age Ass ociation Federal Home Loan Mortgage Corporation Federal Home Loan Mortgage Corp orati on Federal Home Loan Mortgage Corporati on A. en c CMO Federa l National Mortgage Associatio n Agency CMO Federal National Mortgage Assoc ia tion Agency CMO Federal N ational Mortgage Association 38376LE39 A 35377RVK8 383771Z88 9 393731':1 '7 303776N20 3128H4NRo 3128331- 1x37 3128MBTNCr 3128MMAK9 33376721(5 71294LPZ0 ,333213967 3I 28PG LY 7 41.18f1-^, 65n nc CMO dt" J.s The G overnme nt Natio na l Mortgage Asso ciation Gu aran teed R EMIC Pass -Thro ugh Secu rities The Governmen t Natio na l Mo rtgage Association A±enc CMO Gu aran teed R EMIC Pass -T hrou gh Secu rities The Gov ernment Natio nal Mortgage A sso cia tion Aenc CMO Guaranteed REMIC Pass -Throu gh Securities Agene MBS Federal Home Lo an Mortga ge Corpora tion A, Agency MBS Federal Home Loan Mortgage Co rpo ra tion Agency MBS Federal Home Loan Mortgage Corporation A A gency MBS Federal Home Loan Mortgage Corpo ra F11101 Maturity Trade Hate 01/13/2022 07/05/2013 Current l'av'a 10411 550,000.00 Original 529,303.50 • Base Net Total 13 .' s, 11;x31,,1 (.`nrenlired Val ue Gain/l,ass Coupon Yield 525 ,778 .00 01/23/2017 10/10/2013 2,150,000 .00 2,161,846.50 01/23/2014 2,152,623.00 04/27/2017 07/05/2013 450,000.00 448 ,983.00 05/15/2033 07/08/2013 02/15/2019 07/09/2013 06/25/2022 07/03/2013 --r 05/25/2018 07/03/2013 06/( 06/15/2028 07/08/2013 06/15/2018 07/08/2013 42,501 .26 43,112.21 141,355.88 143,387 .87 235,000.00 220,358.40 251,000.00 258,314 .30 271,400 .50 278,015.89 417,578.70 441,654.72 09/25/2021 07/03/2013 464,798 .44 454,213.38 06/15/2018 07/08/2013 03/25/2018 07/08/2013 02/25/2018 07/12/2013 01/25/2019 07/05/2013 04/25/2022 07/03/2013 12/25/2017 07/09/2013 09/25/2018 07/24/2013 02/25/2016 07/15/2013 12/20/2038 07/08/2013 374,855.52 1,454,124 .53 62,052.34 65,465.22 87,331.63 92,189.45 209,183.16 210,515 .07 395,000.00 375,250.00 590,202.80 626,076.06 698,496.22 738 ,441.48 2,419,128.56 2,425,176. 57,747.69 58 48758 10/20/2039 07/05/2013 248,267.89 01 /20/2040 07/08/2013 428, 791.25 11/01/2019 07/16/2013 09/01/2019 07/08/2013 12/01/2016 07/05/2013 07/17/2013 05/01/2017 198, 605.45 209 00.50 270,370.55 287437. 69 393,109. 21 415,590. 15 447,612.63 471,671. 81 451,750.50 142,185.21 219,180.51 259,321 .91 275 ,996.12 441,399.89 454,905.67 1,453,291.03 65,962.44 92,792.48 210,745.55 371,820.22 625,361 .18 739,372 22 433,619.14 60,1I0.03 436,521.92 210,325 .16 286,346.75 413,763.17 473 .811.40 42,961 .04 1,558.97 (705 .66) '4,567.78) 0 .250 2375 3 790 117.01 2250 2 730 1125 5 23 0 7 .98 `.000 1.426 (237.98) 4.500 2 130 1,846.29) 2 390 4 5033 1,750 .35 2 609 4500 836.52) 7 001 9, 350 ,220.08 4 500 1.459 1 459 1o55 4 500 L653 5,000 4:500 5 .000 152(J 1 934 5 50(1 2 432 4022 53 782 ,17 984.55 368.61 343.99 1 958.26 x 878:69 9 579 ,95 1,758.57 (5,380.81 0.173 2 090 251 0 749 1 000 0 796 1 '9'1 7 I z'9n 1 073 2 1 95 3 310 n 373 I 863 0889 3 218 1412 0 841 1901 1961 1 089 0 840 1 089 0 556 ().762 0558 1 04 1 692 0 c ot; 299 560 1 692 0 762 1 308 1 083 0 750 13^.0 1 240 4 000 -1 077 3,500 2 300 220.96 3 000 S x610 5 000 4 0017 5.000 3.80 ' 997.011 6 .000 2.1vn 1 970 091.0 0 072 1_207 1 764 1 710 1 261 4,753 .37 5.000 0 459 3 Sumntariz` Credit Ratio;; AAA AAA AAA AAA 1:1.1 AAA AAA 06A 0 A A A A AA AAA AA A AAA AAA AA.A AA A AA A AAA AAA AAA' A AA AAA A A4.1. „-,-, AA A AA -7A - AAA' . AAA" AAA'. AAA A AA AA A AA ,AAA A AA AA A: AAA: AAA; AAA' A AA AA A! 18 Page 2 of 30 Riverside County Transpattalios (o mmissa�li STAMP Portfolio by Categ ory f or quart er ended D ecemb er 31, 2013 lelautil I,p, t.,t. Final . Current Face Neu ea MatOrit 'Tr ade !Date Value Origi nal Cost Date nese Net Totnt t t3a4e itarketl 1'nr•enllied 1'aluc Gal ati :WO, Con on Yictd C.untmarii Credit ltati n,. i 347621 LC -Sr Lien Reserve Fun d -1 31385XBG1 3470 21 . 'LCSr E ien Reserve Fund -I 3!4131132 347621 LC Sr Lien Reserve Fund -I 3136A EYG6 147621-.. 313RE16\' :-4 .C-Sr Lien ties. Fund•1 1147623 LC -Sr Lien Ob Fund -1 Interest 31402RBG 3 _76 I . "r° LC-fir Lien Re serve Fun d -1 . 3141 205091001 LC -2013 A Capitaliz ed Interest 31410GSQ7 34'.6 I . ...mi.C-Cr Lien Rese rve Fu nd -2 °3? 347623 LC -Sr Lien Ob Fund -1 Interes '347ri21 LCSr Lien Ra er e Fund -1 [205091001 LC 2013 A Capitalized Interest 314022T68 1205441001 .. LC 20136 til nal we d Inter' 205091001 LC -2013 A Capitaliz ed Interest 2 650"IrOI , rmLLC 2013 aprtalrzed tntere 205091001 LC -2013 A Capitalized Interest 36200AFG9 . „„,�..-.. 22 2 2. .-. . ;203001001 L( 01.3. 00italized lnt 31381QLL8 Agency MBS ''• 'errcy;4138 Agency MBS Agenc A4 A en bdeial i4-titialf101S C: sto..iation» fO6,f01/20 11Iigrall2./.214EMATXS,33 Government Nati onal M ortgage Ass ociati on Federal Nati onal Mortgage Association .181atiOneittiiittil444Association Feder al N ational Mortgage Association edq ti at onat Me4tige Asso'rsltuit- F eder al Nati onal M ortgage Ass ociation 03/01/2018 09/13/2013 08101/202¢'//;' j7f[03/2013 06/25/2018 11/20/2013 ''091(11/2027:V1 .0 8 2013..- . 09/01/2019 --- z-1`12"tittit2rC0t39a$e 033 ittion x '01 .01210:t Federal National Mortgage Associati on 12/01/2017 07/05/2013 48,825.06 84,872 . 170,000.00 "i8?.SOS .G 188,984.08 7,489- 317,425.50 j tatiittal; W -- .ton • , -. tM 011202* Or '20t • 352,81 ,.,,• Federal National M ortgage Associati on 08/01/2017 09/18/2013 397,578.25 bciatian "l lll7.34 1,.01'1 '. „$7:,02 5/2Qt 441,83 gage Associati on 10/01/2019 07/11/2013 582,156.80 8 a£ssoctatioil '1.. 9"91120191: 46 ,299.. g cY MBS Federal Natio nal Mortgage Ass ociation 03/01/2016 07/11/2013 959,895.60 Agency MBS 205091001 LC -2013 A Ca pitaliz ed In terest 38376GWZ9 Agent' MBS ..,_�... -_ 2222. ..- _ 222 2 . ......... ... ... ._. . �.. I ('-1'F Sole s Tax Revenue Bond 0_582JF1'I LC -1'F-2 Sales f as Rev en ue Bon d 05522RAY 4 A sse t Bac ked 1 C•PF•2 Sal 1' ar 6,e cnue.139pd 173i 'SBAL2 µrAlet 15.r 3, 347628 1,C-PF-2 S:les'las Revenue Bond 1716SBAN8 Asset Backed 1347628 t ('- PF-2 Sale, IrkT ak emee mid 3616'>Jt'SS [347620 LC -1162 Sales Tax Resenu e Bon d 3615'11BT7 617r. 20 LC T'-2 Sale s Tae lies epee it d 3n15°l. BNS 47623 LC -Sr Lien Ob Fund -1 In terest 1611,2\VAC] ;17n23 L3%$ Lrer G1, 1 0 •! 1 9aerey' .360 25001 1.17628 1.C-PF-2 S -des "1 as Rev enue Bond 3616 211A134 2_11A134 14752,1 1 C -P9-: Sa le, 1, Re, cow Band 3616250(' 2 27(,49 1. 1'. 11. Salo s Tm R. %epe e ltnrd .. 1111a1(1.9.79( 1.1-o2,1 I 1.-1'1 2 Sale, " I,1( Roeon.r l6vld • 11111X:\13'( 14 I (5 /152 -2 S- rl,-s l a>. I{e.enl e B,:rd 43113\ABI -,1 I te ll/LS \t „26 1, Re ,e nl,e Bon d 477577;,Bo I C-I'f-2 ST,. ts. Ra,encc Bork 1114(A. CC I 14'i 26 I e' -21 -s Sdo, 1, Itovoltio Hord 1111.1\lAl' 0 3CI,,5 r -r1 ,vl ti p;.l 1 Ion 6 7175N.\DO S.:-57 .1 11 1, 1 on 119 Fond -1 Intr rt' st „'127'11,CAI I ( - 1T-2 ia1 ,T:1( R6,cpl,6 Bond 0 627^\(' 0l [151'1250 1, : ti: 1(as o tor ti,.,;i ;171,21 LC -5, Llc n ( I5 50,,,4-1 lete rc, t 1126001 ( c7 ;4770,26 1 (31+ -1.1 Saks 11, Fe Q.1,ae 13,md u=58MI1CZ0 ]1(;)611101 1 0 ,2013 \ 0oplt, ,hrr d Interest 037033067 ,47023 LC' -Sr 1 lea 05 Fed -1 ln terc :,t '8187(1,\P.0 171,2;0 17' 4'9-2 Sale; Tas Revenue Bond 711570-\P8 34'(,38 1.151'15 .2 Saie.. Ia1 Re,enue 110 ,4 ,60115001 '3.126 23 1.( -70I Ien Oh Fund -1 lutenist n55n5()CC6 ;•17,.25 1 C--1115.7. -3 S, t e., la. Revery e Braki , 55„60111 1 147620 L0-111-2 Silos Ta, : 561en.e bond I4'313L.11 n 1175.27 LC -Sr 1 -run 0h 5064-1 1Nc rest (7250'7FD5 1471,20 LC-PF-2 Sa les Tax Revenue Bon d 172607651 147021 LC 2 Sa 1e a l.,. 13 ,ue Bond 2. 2546Q AA -S 347621 LC -Sr Lien Ob n d-1 In terest 231161011 7U3fi L 1(d 21185100`1 Corporate 34761 LC -Sr Lien -1 Interest 263534BX6 Co rpora te et Bceke Asset Bac ked ckcd Asset B ac ked ' Wet get Bach:,! Asset Ba cked Asset Backed ?1set Backed Asset Bac ke d ..let Reeked Asset 601;510 eked Asset Backed et Backe d Asset Ila cko d V "C Or)?ori,In Corporate C, ar Corpn :a le Crap„rate Corporate Corporate Corporal, Corporate Corporate Corporate Corpo rate Corporate Corporate Co rporate ,rate rtttage,44',41, The Gov ernment National Mortgage Association Guaranteed REMIC Pass -Through Securities ler�; BA Credit Card Trust Citibank Omni -S Master Trust GE Capital Credit Card Master Note Trust GeE<ttiS GE Equipment Small Ticket, L.L.C., Series 2012-1 GEEq tkntSrnafT3 Hon da Auto Receivables 2011.1 Owner Trust Harlii�it#ReXxivalr -;! i wu�§i kra Honda Auto Receivables 2012-3 Owner Trust IlondaA utoit- '"x 2 -: >.3Slw aar &. J„<•" L I,3hn NIMAF EQUIP FIN LLC 2012-A MMAF--, oipmapt inaaca-t:,tt,' 0 'r51' Nissan Auto Lease Trust 2011-B Abbey Naglel-TrO1 SetuicesP oie Abbey Nation al Treasury Services PLC Abbey N ational TreaSitirnria American Express Ban k, FSB. Arerican Apple In c. AT &rf In c. B BScT Q4#ptl� 0 x � a.. 2222: k; BP Capita l Ma rkets P.L.C. apical Ma P 1'1_ -.'t' Caterpillar Financial Services Corpo ration Citigroup Inc. Daimler Finance N orth America LLC E. 1 du Pont de Nemours and Company 11/15/2017 07/09/2013 115,604 .41 08/16/2031 07/11/2013 51,998 .69 864:4' 171 341 .41 X99 078.3'y 202,713 .35 0 1 ,i 340835 .63 x 077 +'1 424,414.78 3;07 911 .27 628 .1 974,893 .97 �3.14 ''t 123,190.95 2,653,567.32 2,655,433,11 08/15/2016 07/03/2013 3,100,000.00 11/15/2018 07/11/2013 5,000,000.00 5,274,609.38 11/15/2017 07/11/2013 5,000,000 .00 5,209,179.69 s .3 .. .t•..'. < ..k.. ...ai . ,. . r, .. ,. >dn .>. : 22,22 ;;a 11/25/2016 07/09/2013 925,000.00 921,964.84 11/21/2014 --- 443,472.12 443,724.56 04/17/2017 07/11/2013 3,314 027.81 3,338,883.01 £ Y. a1.• .'a. . 12/15/2014 07/10/2013 345,122.60 345,122.59 03%15/2016 702,22,4 52 702,3 2.91 q•., '°4" 1» 9•:' :.:it d'.b• . 734w 'r ..'. 22,,, 08/10/2016 --- 4,154,000.00 4,164,610.32 02/16/2015 07/11/2013 123,472.38 123,578.49 11/10/2014 07/05/2013 3,000,000.00 3,105,090.00 fr»�.3. 'S"�' r xr r t? . : 2-i , 09/13/2017 07/08/2013 250,000.00 287 890,00 .Fir. '.:' »'.. Y.•�i:%c, tat:.. 1 05/03/2016 07/31/2013 3,000,000.00 3,000,840.00 09/15/2014 07/03/2013 11/06/2017 07/03/2013 05/20/2014 07/09/2013 ri �+ 05/05/2014 07/09/2013 01/11/201• 07/08/2013 03/15/2 /09/2013 3,092,492.19 6,504,000.00 6,842,273.04 :6'x=' sirs 2222 . : t' 300,000.00 292,194.00 6,445,000,00 6,501,071.50 3, 228,000. 00 3,333,232. 80 500, 000. 00 497, 995. 00 950,000.00 1, 014,068.00 51,585.63 :83639 : 169,741 09 198,769.90 201 ,545.85 369.28'1 337,474.09 5,676 .5 418,359.67 2921.6 621,009.94 4.257 ,7 964,743.07 295,65 6.000 450.01 5,140.24) S00 6.000 1 .139 000 6.000 1.778 AA A 5,414 57 6.000 1.634 000 . . ... . .. 7,3 3.295 3013 10 123,955.67 2,663,518 .20 3,098,037 .70 5,183,205 .00 3,310 .93 5,135,395 .00 (1,732 .77) 924,580 .98 1,867 .68 443,695 .19 �..:112.99 3,328,367.60 3,146 .75 345,157.11 34 .51 703,-75.45 512.38 4,160,093.92 (1,127,49 123,505.59 2,16 3 ,081 ,930.00 14,238 .35 287 590 .00 2,999,370.00 6,711,315 .00 •t ' I?I 295,440.00 6,470,135.50 6O' I r 3,275,161.08 500,355.00 996,312.50 (1,345.09 1,069.74 5.500 0.408 9,789.52 1 .864 1.012 4 ,379 .25 0 .367 0.668 4 .900 0 .676 3 .800 0.684 0.690 0.722 0 .850 0 .473 800 0 .415 0.460 0 .301 oV 0.940 0 .697 0.920 0 .550 6,428 21 5.100 0.566 2,410 .05 49 .21) 2.774 .18 5 .125 1,986 .12 1.250 276 .03 ..._4,750 O .5 0.363 19 Page 3 of 30 •rrur,:,r . -A ccount .. Account ; .. Identifier - 1470 38 ( C-PF-2 Salc ~: Tas Reven ue Bond 29250N00" ,347623 LC -Sr I ten Oh Fund -1 Interest 36962 03115 47626 1 1' -('F-_ Sa le, U., Rev enue Bon d 3o',+2041,6 . (47628 I"( -I'F- Saic, I ax Revenue Bond 369670K80 3 (7628 1.0 -P4. 2 Sales La,. Ro, enu e Bond 3703 i'(B1,7 `205091001 L("-201 3 4 Capn:dm,' In terest 4432891008 347038 (-C -('I- 2 Salmi. I ax Re,,,,,- Bond 4,1428E1Q3 -'0091001 LC -2713 -0 C'apitabre d hnorea t 4592000, \3 347„28 (C -P( -' Sales nin e Bond 460391(0 91 , 347823 LC -St 1 Ion Oh Fund -I Intere st 48121CY K6 347620 1.4 -0,1 it') (6' Pon d -1 Interest 4&121CJM9 3476.28 L0-1'5-- 0,1,', Tao Reven ue Bond 081557.00 0 367628 LC -('1'-2 ,Sits, 1 nv Revenue Bond 5'110680 11 .347628 L0-11-2 Saks, Tax Res sa', ,, Bo nd 09156RAW8 209001 rull 14' -2913 4 (opo -+bred Interest 59217'61V 1 347623 L0-0, I yen 06 Fun d -1 Intcvc,: 09217GA C3 34783.8 10' -('(122 Selo , T. 0 12cveno, (loud Et'2 17(10E9 ,347623 L0-0, Lien 00 Fund -I Inte rest 61746130,08 :47628 t C-1'}--2Sale, 1 o Revon„e Bond 8(747W013 1 347628 LC -PE -2 Sales Tax Reven ue Bond 67021CAB3 347623 t C -Sr 1 ,on t)8 Fond -I Interest 093491,012 _ ,347628 LC-PF-2 Sale s Tax R even ue Bond 693476BK8 347628 L(' - PI' -2 Sales - Fax Revenue Bond 74432Q005 1205091001 LC -2013 1 Capitalized L,teieat 216858VBL0 29599(11,'1 i_C-2013 4 0apta8zed In tc ool 216660, 11)2 347623 LC Si Lien O f, Fun d -I In terest 767201 A NN _205),91881 Lt. 2'113 0 Capitalized In terest 786586591 X205091001 40 -2013 A Capita lized Interest 8_2582AC6 347628 .2 . -86-7.. Sale, Tax Revenue Bon d 4&160170 04 347628 LC-PF-2 Sale s Tax Rev enue Bond 020002A R2 347021 1 -('-Sr Lien 00 Fo nd -I Interest 3814404 09 347623 LC-Sr.Lion Ob r a nd -I Interest 38(430606 947638 (C--PP-2 Sales T ax Re, ,rnw Bond 38141(0 `44 347628 LC -1'P-2 Sales Tax Rev enue Bond 38141E033 200991001 LC -2013 A Capitalized Inte re st 7427184V8 '347628 LC-PF 2 Sales Tax Rev enue Bon d 842587CE5 . 20409(00( 1.0-201.i A C'u 'na ii,ed lnte rc5t 8911400E13 ,205091001 LC -2013 A Capitalized Interest 89153V AC3 34762; L0 -5r Lien Ub Fu nd -1 Inte rest 892331'620 205091001 LC -2013 A C apitalized Interest 8923386)0 21190'01981 (( 0,913 9 0 aptohzcd Inte re st 09327Q09'7 347628 LC-PF 2 Sales Tax Revenue Bond 92313V0A( 347623 I t: ti t (den Oh Fun d -1 lntere,l'3o28n7''M2 476228 L0 -8I -t Sale s 1 ax R evenue Bond 92867000,0 ,47628 13' -('I--2 S,iies "E' av Revenue Bond 0497414E11 .34762_8 LC-PF-2 Sale s Tax Re ve nue Bond 9299030 31 LC -Sr Lien Ob 8,103. 1 In terest 94900V0 6) _ LC -Pro ject Fund -2 Se nior Lien 05630N A84 8 t (' -PF-2 Sale, Fax R,,cnuc Bo nd 12_4303002 2.. LC -Pi oleo Fu nd -2 .Servo , Lien 12.1803042 LC -('F Sa le , Ta x Reven ue Bo nd 171811309 0 LCP,oject Fund -2, Selma Len I718113AN 0 I. (' -Pro ject Fuud0 Senior 1len 201130.10H7 L0-('0-2_ Sale, Ta, Revenue Bo nd 200303.0117 I ,C.Ph-2 Sales La, Re venu e Bond 2,191 IMA72 LC -Projec t Fund -2 Scmor Lien 20911MA72 476' _5 47628 347625 (47625 '347628 347625 347625 • STAMP Portf oli o by Categ ory for quarter ended December 31, 2013 Security 7)4 6' Corporate Corp orate C orp umtc • Corporate C orporate Corporate Corporate Corporate Corporate Corporal c Co rpor ate Corporate C'orpa ralc Corporate Ccrpnra,e Corporate Co rr rate. Corpor ate Corpo rate Corporate Corporate Corporate Corpo rate Corporate Corporate Corpo ra te Corporate Corpora te Co rporate Corporate Corporate Corporate Cn ipora te Corpo rate Corporate Corpo rate C'o rynrare Corpo rate Corporate Corporate Corporate Co rpo rate Cc' rporare Corporate Corpo rate Corporate Corporate CP . . Cl' CP cP CP CP CP CP CP Enb, edge Inc General Floctric Capital C orporatio n f icneral El cctnc Carnal Corporation General Electric Capital Corporati on General Mills, tai . - IISBC Bank PLC I1,8, Hank USA Intel national Business M achines CorporatIon JPM orcan Chase & Co 1PMorgan Chase Bank, Natio nal Association )Pr vl organ ('Base Bank, National Associat on McKesson Corporati on S ctt ifs. Inc MetL,fe . Inc Metu,poIitan 1.de Global Funding( .0letro pohtan L,f c Gl obal Funding 1 Metropolitan Life Global Funding htorean Stanley Mo rgan Stanley NSTA R Elec tnc C ompany PNC Hank„ Na116,101 Associaua, PNC 'Funding Corp Prodentral Pinar sal, in C. R abobank Ne derland Rabobank Nederland Rio Tinto Fin ance (USA) Limited Royal Beni: of Canada Shell Inte rnational Finance 13 V Trva Ph,,rnracr utical Finance The Allsta te Corporation The Goldman SacM GretiP. In c The Go ldman Sachs Group, Inc T'he Goldman Sachs Group. Inc 7 ho Go ldman Sachs Group.Inc. The I roctcr a Gamble Company The Sou thern Company The Tnronto;ilo minion Bank Total Capital International Te-yota M otor Credit Corpo:talon To yota Motor Cre dit Corporation 115 Ai Capital COrp9rati1n V enz on Communications Inc Volkias ia gea Irfteritatrm,al FSnaace 0 V Volks wagen Intern ation al Finance N V Wells Fargo Sr,Pamtsany wells Fargo & C ompany Walls Fargo l30 nk. Nn t(c,na l Ass, Bacardi Corporation (' 135 Corporation CBS Co rporation ('((37(0 Corpomnon CIGN A Corporation 000,00at Co rpo ration ComcastCorporation Co nso lida ted Edison Co mpany of New York, .. -.--.,.2.22. 2... _. .__...-.-. .... ... Consolidated Edison Compan y of New Y ork, 1 .- y 01/17/2014 , 01,2014- 01 / 17/2014 12/17/2013 n _1074014, a 01/07/2014 12/23/2013 Final t ur rt Maturity Trade Date Vu 3 r.. t e r• t cti 1 09/15/2017 07/03/2013 300,000.00 09/15/2014 05/24/2016 --- 07/22/2016 07/10/2013 340,212 .00 07/09/2013 5,000,000 .00 5,243,950 .00 (lase Net Total Next Call Base 1larket Unrealized Date Value GainA .oss 10/01/2017 02/15/2014 lErk 07/03/2013 3 625 000.00 3,799 301.25 465,000.00 477,936.30 300,000.00 341.424.00 07/05/2013 4,575,000.00 4,736 131 50 02/06/2014 07/10/2013 8,100,000.00 09/29/2015 07/03/2013 740,000.00 02/25/2016 07/03/2013 500 000 .00 496,725.00 04/15/2014 07/10/2013 7,900,00000 8,161,332.00 05/19/20'.14 07/10/2013 4,970 000.00 5,074,916 .70 10/13/2015 07/03/2013 1,505,000 .00 05/20/2016 07/03/2013 600 000.00 617,400.00 03/22/2017 07/08/2013 tA++ew .atn =..:t 08/15/2014 07/05/2013 02/07/2016 07/03/2013 05/01/2014 07/09/2013 05/15/2014 07/10/2013 06/28/2017 07/08/2013 07/17/2015 07/03/2013 03/28/2014 07/10/2013 04/01/2014 07/09/2013 08/01/__2014 07/05/2013 01/08/2014 12/23/2013 w +per ': r:N 8,184,969.00 341,280.00 5,156,700.00 3,797,006 .25 477 ,717.75 iltrirot1( ' • Summarized Credit Rating 5,505.23 5 .625 1.771 10,838 .08 4 .750 0.299 AAI 343,236.00 4 606 293.00 8 114,661.00 417 IThrVac: 766 ,284 .80 543,467 .80 400,000 .00 449,93600 5,870,000.00 6141,957.10 600,000.00 627936.00 5,000,000 00 5,208.235.00 2,100,000.y00 2,160,648.00 160,000.00 157,765.60 5,000,000.00 5,014,650.00 3,833,000.00 13,974,926 .58 A 4,670,000.00 4,722,117.20 3,911,000.00 4,091,336.21 ) °d 000,000.00 999,904.17 01/10/2014 12/20/2013 3,300,000.00 3,299,557.24 01/22/2014 12/23/2013 2,500,000.00 2,499,395. 83 4,000, 000. 00 3,999,138.88 762.148.20 506,710 .00 25,833 .01 3.100 1.089 1 .737 .13 950 0 .867 6,296.00 6.000 1 .991 (1,368 .79) 6 .500 0 .876 230 .75) 2.375 0.508 1,519.00 2.500 0 .769 9,397.53 1.750 1 .116 7,998,513.00 (1,118 .76 4 .875 0 .546 5 020,395 .800 1,543,798.90 618 756++8g00 446.824.00 6,032,340.72 629,688.00 5,089,300.00 ,128,014 00 160,033 .60 5,030,700 .00 13.883.767 2,983 38 3.000 0 .350 8,438.83 2.125 0.668 4,218 .81 2.500 1 .167 3,143 .69 5.200 1.469 7,845 .69 5 .000 0.541 6,827 .32 3 .625 3,182.56 . 6.000 0.625 ,037 .11 4.150 0.556 2,008 .76 1.550 19 ,498 .05 0 .875 2,75292 4,670,980.70 (16,939.7 4 017 ,3 999,927.00 3,299,712.90 2,499,582 .50 3,999,468 .00 4,000,000. 00 3, 999, 700.00 -- 3,999,732 .00 (28.28 0.000 - 0.376 97.35 0.000 5.42 0.000 0.287 87 .55 0.000 0 .299 (148.00) 0 .000 0.402 AA A A! AI AI 20 Page 4 of 30 Piversidt Caunty Transportation 347 •I1E1411441„•1 347625 LC -Pro ject Fund -2 Sen io r Lien 23333GA61 LCD ;347628 LC-PF-2 Sales Tax Re venu e Bond 26244JA 66 CP STAMP Portfolio by Categ ory for quarter ended December 31, 2013 Security T yp e Category 347625 LC -Pro :347628R LC.' 1347628 LC -PE -2 Sales Tax Rev en ue Bon d 347625 '347623 LC -Pro ject Fun d -2 Senior L ien (47(28 LCP1r 4-Faxlic itieBond 347625 LC -Proje ct Fun d -2 Senior Lien 347625 LC l rn lux Fund _ Senior Lt.: 847623 1,C -Sr Len Ob Fun d -I In terest 347625 I. C-('ra ve( Fund72 Senior i.:en 1347626 LC -1111-2 Sales Tax Rev enue Bond_ 347628 _ t.(11'1'.2 Sales l ax Rc.wnue, Bond 347628 LC -115-2 Sales Tax Rev enue Bond 347(25 LC-I'ro iec, 1 un 5 Senior 1 ra n ;347625 LC F r eje ct Fund -2_ Senior Lien 347626 1.C.1'6. 2hales tae Revenue Bo nd :3.17625 1, C -Project Fund -2 Scn:or 3476'_3 LC -Sr Lien 0b Fund -1 In terest61741 , 347621 LC' -Sr Lien Reserve Fund -1 147,28 LC -6t .2 Sales, Tax Revenue Bond .347625 IS' P-olectFun d - Senior Le n r .. -,r, •r Cap s %era,. 9AMlvl 150511001 LC "'611 4 'Capitaliz ed Interest 184126YS3 Mun i 147623 1 CSr 1 ,on Oh Fun d -I Inte rs t 10{,4 $ , . 147625 ,.r - r Sales Tan Revenue Bon d 19648CAC5 3.176_ '; ..5 5r Lion Uh hund-I Interest 231 -'- 2' '. -245091(,01 LC -'_01 3 A Capitaliz ed Interest 235219352 Muni 147621 LC Sr t. ,cu 0I, I and -1 In raro t 3 ��••--� ; :11�0'JI u01 I.1 ��13.74 apita lrz ed Interest 40728407288Y1,5 Mum 317,121i (1.1'0. 2 Saks Ix1x e•e nue B nd ,4. 62S 1. (' -1'1'-2 Sales Tax Revenue Bond 64468EAZ3 Muni 11 2(15,,v11,11 1»1 1.(1•2011 A Cal rta (r -d inn erest 747021 1 (' 6, L en Reserve Fund -1 912833KR0 US Gov (.0421 LC' :Sr I aen Re serve Fun d -1 '117671 1S L -Sr ,en Rese rve Fund -1 1476 21 LC Sr Llen Ob Fu nd -1 Inter t ,34762.1 LC -Sr Lien Oh Fun d -I Interest .".05s91,)01LC' 01 -3'113 A Capita zed InteO 347023 L(' -Sr Lien .Oh Fund -1 Interest 1 ("-S, I.ren O6 Yund 34-621 L0 -Sr Lien Reserve Fu nd -1 1.176221 70,091051 LC -2013 ACa ';5091001 LC 201,` • 7050 9 1 00 1 LC -2013 A Capita l CP ct Fun d -2 Sen ior Lien 4ir Mun i 1347625 C.I'P italiz ed Interest z ed Interest 912828K Q2 US Gov 912828UA 6 US Go v 912828VG 2 US Go v p7^ 912828VB3 US Go v 6i7S7Gi16. 27743KA 34 CP 27743KA 34 CP 37790BAM3 CP 49455BAA0 CP 65475MAF7 CP ialaarama 65475MAD2 CP 78573FA Ii2 CP 06538CA76 CP 91842MAE2 CP 61747C715 MM Fund M 617470715 M Fund D TE Energy C om Duke 'te -ta i, .�.l" 0 Hose Net Total Current F ace N ext C;,l' Vase Market U nrealiz ed Valve Original C:n,» D at e Value Galn+t•asc C oupon 01 ' .+14 12/232013 - 4,000 ,000.00 3 ,999 720 00 01 /06' 14 1 01/0313414 , 1 Eastman u , .?.c.' - 01'ac ;.14 1- 131013 8,200, .00 8,1917 4 80,70 Glencaei,,...,., i (: - +i ' -' 4°,- t •'u. "13; Z,''' pOO,r r 1999". .110 Kinder v Partners,L .P. 0i/1+' 4 13%2012013 4,000000;00 3. ' 4 1.111111731 .: N Ctissan Aoeepta nce Corporation 01/552014 12/2312013 750000.00 74 *70 .63 Nissan M9te Acce. ' ce Corporation 01/13/2014 12/11 2013 4,000000.00 3,999 ,250 .00 Sa bitu Holdin gs Inc. - 01/I7/2014 12/172013 2,000 ,000 .00. 1 999,550.00 °" II The ( of To kyo -Mitsu bishi UF1 Ltd . 01/07/2014 12/31 2013 800 ,000 .00 799 00 VW Credit, Inc. 01/142014 12/19120I3 2,750 400 .00 2,749 503.46 Morgan Stanle y Institutiona l Liquidity Funds 12/31/2013 -- 0,00 948,139.64 M„ • S1fnleyIn stitutional Liqu idity Fu nds 12/31/2013 - 0 .00 8 ,881 730.06 cls$/*t 755,939.80 000,000 .00 7; rif Water A utho rity Co lo rado H ou sing and Fina nce A uthority City of . Hamilton, Labor Now Hanishira D epartmen t of , (kited Stara 912828VG 2 US Gov " Tta muny a. 912828RU6 US Gov Treasu ry, United States D epartment of 11/302016 07/05/2013 ' 1 000, 000.00 11 989 218. 75 gal: ._ .:s r".b;'. "'a;•. i'. ._:�.m. ' . .. :'1''.'i. "e' Wisco nsin Ho using and Economic Development 05/01/2017 07/11/2013 05/15/21114 07/10/2013 02/15/2017 07/10/2013 12/01/2015 07/18/2013 1,800 ,000, 770 000.00 9 .850000.00 9 ,880 .633 .50 2,135 000.00 133 049 .00 080 000.00 2,080,406.00 11/01/:30 1. 07/03/2013 3,200,000 ,00 3,200,00000 01/02/2014 52018' 07/05/2013 380,000.00 353,517.80 .00 539'' .34 LC -Project Fund -2 Senior Lien 97689RAH 7 'Difference due to rounS8) VRDN Authority 052 013 04/01/2046 07/05/2013 1,815,000. 00 1,815,000.00 01/02/2014 3,199,760 7 999 •' 00 140:00 0.000 0 .432 55 0.000 81 ' ` 67 200 195 .89 ,999 , .,'.00 652.00 749'10 .00 180 .00 0.000 0 432 8.01 0.000 0 .348 11 .25 0 .000 94 .6 0 .000 0.321 26.00 0.000 0 .299 (28.80 0 .000 0.306 (62.48 0.000 0.313 948139.64 0,00 0.040 0.040 8 881 734.06 0.00 0.040 0.040 9, 2, 751,481;50 145,50 3,200000.00 355,159.40 6,113.66) 1.300 2.050 (3,343,00 22,268.05 1.589 1 .247 363.20 0 .803 u.oi7 0 .852 0.00 0 .140 --- 0.574 18.461 0.000 1 .552 53 1 50 3946.67 3.125 1.836 750.. 350.59 0.625 1977 `.. 7,461 .12 0.500 40 109,198.72 1.750 10.1.' 96 '00 34,592.46 12.038.400.00 47,647 .36 1,815,000.00 0 .00 AA; Sunimatlzed. Rati ng i0Y Aa+s AA AA! A A' AA A1 AA1 Tallu3 § AAA. AA A A, AA AAA% 0 .542 AAA T r, 2.963 A AA 0.542 AAA IMP 0.875 0.764 AAA! 0 .110 0 .110 AAA! 490,823,788.46 512,315,728. 98 509,373,103 .97 389,475.00 21 Page 5 of 30 ��A011rce �ecou at, 347cq) 3476^^-1 .347n21 347621 3475: 4762 347621 347521 34 ,. 21 1347631 `3471,21 13476 `1 3470'-1 [347621 -747621 347621 347x;21 Acco unt • ATT ACHMENT 3 STA MP Portfolio by Account for quarter ended December 31, 2013 Sec t!), 15 pc Identifier , CYtegcry'. ... .... LC -Sr Lien Rascne Fund -1 313381H24 Age n, . I -C -S, Lien Rcserse Fund -1 31376.114112 A,e nc) 1 ( -Sr Lien Ream, 1 and -1 3137F,\('AAgen,,, LC -N H en Re;ene bond -I 31350 44138 Agent,, I.1'-Cr I cn ReNe,,c h ind- 3135(,1242 Agen, LC 1, L e , Red, , e Fund 1 3139,6 ,64 Agcnc, ('510 1 (-5, Lien Re,u,e Fund 1 14371303W2 )317 2_ 4getie C M() LC -6i Len Resei, Fun d 1 3137101 24 :\gene, (' MO I (' -6, Linn 12„3n . Fund -1 113756(6: Agend (; MO L( -Sr 1 lin Reserv e Fund- 31198E3(7 .Agency C MO If -Sr 1 ien Rese rve Fun d 1 31)7460 77 Agency 60 0 1 C -. S, L en Reserve Fu nd- 1 31398VA166 Agency CMO IT --8r I lee. Rese r, F,nd-1 31775 7122 A);onu' CMO 1 C -6x1 len Reserve Fu nd 1 31 v7ASNH1 Agency CMO - 9r 1 n ni Reser, e Fund 1 , ,21493 Agr ee) ('M0 L( -Sr Lien Reset c Fu nd- I 3136575/08 A gency CMO L('- `.1 I,uun Res er, Fo nd- I 913,,A424)3 5\. eicti 600 347621 1, C -Sr 1 ,en Reserve Fund- I 383766E39 /347,21 LC- Cr 1 inn Roue,e rued -I 38177)3068 The G overnmen t National Mortgage Association 347621 I C -Sr !deli R sere Fund 1 383771/89 Agen cy CMO Gu aranteed REMIC Pass -Thro ugh Securities 13476 21 If".Sr 1 ten R sc ve Fund,) 38.778"I`AF7 Agen CMO 15S11er Federal Hentit, Paan Ranks Office of Finance Federal Home -Loan Mortgage Corporauon Teter t oa*t 83 Marfga4e.CP?!1}aiii0n Federal Natio nal Mortg age Ass ociation r, 1i?aif92 11 Mortyagp, soc18V0a Federal Home Loa n Mortgage Corporation Feda[at .lwoanMertgagpe�, >ralien Federal Home Loa n Mortgage C orporatio n •t2W-'Federal Home Loa n Mortgage Corporauon ._-r?iur Mortg Federal Home Loan Mortgage Corporatio n -000101014 01124ong tau6. on Federal Home L oan Mortgage Corporation tongaga Natio nal Mortgage Association 1,1 S I u-�"�,1d- The Governme nt Nati onal M ortgage Association Guaran teed REMIC Pass -Through Securities 347621 l.(' -Sr Lien R eserve Fund -1,, 2347621 LC -Sr Lien Reserve Fund -1 (347621 LC -S, Len Reserve Fund -I 1347021 1 (-•Sr L, len Reserve Fu nd -I 1347621 IT 1 ien Reserve Fen d -1 1- (347621 1.c -Sr hen Rese r, Fund -1 347621 I-( -Sr Len Resell , Fund -1 /347, 21 1 1 -Sr l.4en Res,./. 0e Fund -1 _ 1347 671 LC -Sr Lien Reserve Fund -I `347/,21 LC -Sr 1,00 Here,ve Food -1 347621 1.6-01 Lten 12ese ruc Fun d -1 :. ,.147,,,1 1t --Sr Lien Rrser e Fund -I t347121 LC -Sr Lien Resc,e Fun d -1 '347427 L. Ci iSr Tien i Reserv e Fund -1 734 021 LC -Sr L en Re e:uu Fun d -1 147,21 1 ('.5r L .;n 10,160,, e Fund -1 347627 LC -S, Lien 06 Fun d -1 Io teie,t }47 ,22 R: -Sr l,en Oh bo nd -1 lo te,eni 347623 LC -6, Lien 06 l and -I 1n lerest €3474 23 L(' -51 1. ,e,, 00 Fund -1 In teresi 8347623 LC' -8, 1,en 06 Fund -1 interest 3470 _2) 1.0,.. 0,1.1,/n 0h Fon d -1 Interest 1347623 LC -0, Lien 01 Fund -1 1ntere, ) €347 A21 1. 1 -Sr Lien Oh fund -1 Interest 1347623 LC -S, Lien Ob Fund -1 Interes t d347i'_1 1,) "d8"d8 i Lien 05 Fwat 1 In(0e,1 347623 LC -Sr Lien 00 Fund- I Interest 3 I47623 LC -Sr L cn O6 Fun d -1 lnlere% 1347623 LC Sr L e , Ob Fund 1 1106 ,0 , 347x,2 2 ' r L ,ea Oh 1' 3,1,1. 1 h rere >, 1347623 LC -Sr L,an 00 Fund -1 Intere st €347523 :,, a;"' 0 F, rLienO5 Fund -I Interest 3837711N20 1151569 31375 70415 11385X13(11 314168/612 31363,1306 31381/76V5 3!41 432F1 14185(063 313 6A4M48 64.7476705 1112833660 912820b9 0I2X20,K02 '3120280133 9122828063 Agency CMO 54,07 88)35 A gency 51135 Agent,' 0118 :Agcnc} 0E10 Ayent, NABS Agency 01130 A gency MRS Agency 61130 5 55e;x'y M138 MNI Fund 1.10 G' l;S Go , 175 Go, (59 Go, .5 Gi The G overnment Nation al Mor tgage Association Guaranteed REMIC Pass -Throu gh Securities Fina1 , MiatUrity Federal Home Loan Mortgage Corporation FereCm4lPit Federal Nation al Mortgage Association Federal Nation al Mortgage Association Federal National M ortgage Association PWaNdtid*WiTnitiNaniiiii Morgan Stanley Institutional Liquidity ' - *deq, C3 inli Tre asu ry, Un ited States Department o Treason. Un i1S4 $ta40 Treasury, Un ited States Departmen t Trensu rv, Umt64,$fpt e 31393V2F7 Agency CMO Federal Home Loan Mortgage Corporation (37ASNIl1 . .ug6n CM0 F!`14 -0+ttOaff 113 3137 ANLP3 Agency CMO Federal H ome Loan Mortgage Corpo ra tio n 313,31 XC8 y(kiancl.4o 3136541186 t.Agen cy CMO ;13,.. A8678 Ageli t,CM0 314)2)35(33 A gen cy MBS 313691) F3 �t'+M 1„„� ti,JviBS (61623\(1 Asset Backed rot e,2)34(14 ;,' ed 47787&VC9 Asset Backed John Deere Owner Trust 2012 ,,,,2791)146 ,t a -.. , TAW:WI ooai m ;: 02580£((5 Corporate American Express Bank, FSB. 7838; 05565QCC0 Co .orate BP Capital Markets P.L 172; ` ,7 Federal Na tional Mo rtgage A ssociation o rIgage A.6so'`ti)C� Federal Natio nal Mortgage Association GE EQUIP TRAN SN LLC SER 2013-1 1 .o, rent 8 ocr Irate hat e Val ue Oeiginai Cost (l1:1672)115 12/30:2013 01/13/2022 07/05/2013 73,171w11 m 07815.'2UI3 04/16/2019 08/0112013 _175,000 00 177,257 50 04/16/2014 fi4 ?* o7,ns (11?N; 4;11 07/08/2013 42,501 26 43,11221 --- (i},c Gii.... , 07 i1?201 ,1Ti 01/25/2019 1021(013 170,000 00 171,195 31 •-- r 07/03128)3 .?3590(1 .0(1, 08/15/2019 07/09/2013 206.85888 218,85023 •-- 220,48716 i6 n,�1...0703.`2013 ,T 12 .51,00060 w )721 06/15/2028 07/08/2013 271,400 50 278 ,015 89 -- 275,996 12 O;�.S 07,08/z(l 31381s4A0 m "Rte l 7, .46. 09/25/2021 07/03/2013 4(4,798 44 454,213 38 --- 454,905.67 531(,x),00 ' ' $ 1 9680 550 ,000 00 529,303 .50 \r J eon !tale 12.,, N ei vt•ti \lnr6,-t 1 ure.ilinvl Volne , Gain/Loss . Coupon. .. .. 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Treasury, United States Department of Treasury, U nited States D epartment of Il.:::i:a121 ZailMITIONrr bast , Ntt 1'nt t•`irinl t":urccnt Fxc r Nos1-),,u, 513th - thnrealirv4 Slnth rily° Trade Date Y "alae Original Cast Dare 4,-?,,,' 01/1 /2016 07/08/2013 500,000 00 497,995 .00 - 500355.00 1 " 12- - 1 .230 1 .214 X57109211 4,1)01. 09/15/2017 07/03/2013 300 ,000 00 340,212 .00 - 341 280.00 5 05.23 5.635 1.771 71-0037201 7,- 06/13/2016 07/11/2013 500,000.00 492,775.00 - 497,375 .00 3431:34 0.574 0.787 kitzro0tr' 02/25/2016 07/03/2013 500,000 00 496,725.00 - 506 710 .00 9 ' .53 1 .750 1.116 = 7 00 p '5[711 if 01 05/20/2016 07/03/2013 600,000.00 617,400 .00 - 618 756.00 4 18.81 2 .500 1 .167 02/07/2016 07/03/2013 600,000 .00 627 936.00 - 629,688.00 r. .32 3 .625 1 .231 03/22/2015 07/08/2013 600,000.00 607 206 .00 - 606,768.00 1 72.03 1.625 0 .698 01/06/2014 12/23/2013 600,000 00 599,958.00. --- 599,964.00 1.00 0 .000 0.432 "-X[14 2014 -': l2 >,rw1 12/31/2013 - 000 175,465.97 - 175,465.97 0 .00 0 .040 0 .040 02/15/2017 07/10/2013 65R000 00 650,000 .00 - 649,389.00 611 .+ s. 1 .589 1 .620 112015 ;i1 t?ti.r. :: 12/31/2016 09/13/2011?3 950,000.00 945 12.89 - 952078.60 4446.42 0 .875 0 .801 i :::: 's i i s�.!^ .... '�•_f t taz` - - - -.'.:e aka _: 06/15/2016 07/05/2013 2,2x1000 .00 2,188398.44 - 2,197,756.00 7461 .12 0.500 0.542 Federal H ome Loan Mortgage Corporation 01/23/2017-. 10/10/2013 2 150 000.00 2,161,846.50 01/23/2014 2 152,623.00 117 .01 2 .250 0 .251 fs''4,tlAntia1- C:T5050 L201i ? i '+ Bacardi Co eporation T 01/08/2014 1223/2013 1 000,000.00 - 999,904:. 7 - 999,927.00 - 7: 28 - 0.000 - 0.376 CIGN A Corporation 01/22/2014 . 12!23/2013 .i 1 000.00 - 2,499 395.83 - - 499 582.50 5.42 0.000 0.287 m • ca stCo rpoouon n a 4111 Con solidated Edison Company of New Yo Inc 01/07/2014-. 12/23/2013 4000000 .00 3 700.00 - 3999732.00 148 .00 0 .000 . 0 .402 L1P< fir:. 1 ".4 01/06/2014 • 12/12/2013 000,000.00 I 999 694.44 - 1499" 80400 5A.89 0.000 0.432 01/03/2014' 12/11/2013 1 800 000.00 1 799 666 .50 - 1 799 921100 43 ,'' _ 0.000 0 .721 01/21/2014' 12/23/201 000.00 1999,275 .00 - 19996d0:00 180.00 0.000 0.288 01/08/2014 •- 3100;00k 00 3 0994513{0 - 3 ' ' ',773",70 - 5.61 0.000 0.376 01/17/2014 12/17/2013 4 1.'' ' !100;,00 3' "-' 09 .OFM - 3 „ . ., .00 5100 0 .000 0.299 rte, 01/14/2014 12/19/2013 - 7 •' 1''' 00 749 --'' .46 -- 749689:25 • .4E 0.000 0 .313 nergl -V. a tv Duke Energy Corporation CP Eastman Chemical Company ore Fund'lug CP Glencore Funding LLC Cp..1u gY`Mtrrganl. 'nugrParat --_ CP Marriott Intern ational, Inc. P r snit Moto( Acteptan co Corp d l r CP Sa bmiller H oldin gs In c. t P '0, � �3r "dank of T iS:yp.Mnsubish_ t` CP VW Credit, Inc. 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A •1 .3i AAI A, AA AI AA A} kA A l AAAI 23 Page 7 of 30 °347,28 1347628 ;347629 [347628 347,28 1347628 34 .5228 347628 4 ,, 3 28 '347628 347628 '347628 347628 `347628 347628 1347628 1179328 347628 '8417928 347628 3476 28 347628 347828 347628 34702228 4147628 3376283475 28 347628 347,.28 , 347628 417(328 347628 34',. 29 ' 317628 ,47620 317628 147,18 347628 343,,28 :34' 628 347,28 347628 4 76:6 i347o28 31„28 1347(28 147620 .347628 1.0.28 (347628 347(28 :347928 347, 28 147(28 3-87528 1 47628 347,28 7628 147628 Se, uric) 1yp,- identifier Category LC -PP -2 Sales To, leve n6 c B,md 14,162R . A<Se'! Ra ck ed L C -P1 2 Sal . Ta , 1(e,enuc Bond ' 6616261(2 Asset Ba cked 1C -PP ,. Sa la : 3, , Re , 4.1111:, Bond 4181 i I ADS Asset Backed L0 -PP 2 Sales Ta x Re, e o: Bond 888144407 Asset Ba cked LC -PP -2 Sale, r, 18,', curie Bond 43813X48„ .4,3,1 Batted 6C -13P-2 Sales Fa, Revenue Bend 4381244131 Asset Backed 1.0 -6P-2 Sale , Ta s Re,w6u', Bon d 1778718406 Asset 8avkel LC -PI -2 Sales 1a, Re,enu, Bond 5'31404 C1 Asset Racked I.C-61.2 S I _ i es fan Rc'runue Bo nd S,3I4rvSA(ti Asset Raked 9C PF Sales T. Re, c nue Bond 0027900A Corporate [. 82-PF `+.dc, Ire Rwe me 8, 04 '''2711418 ] Corporate LC -IT -2 Sales fax Revenue Bond 0258MOCZ0 Corporate LC-PF-2 Sales Tax Revcnne Hood 78307GAP8 Corporate LC-PF 2 Sales Tic; Reven ue Bo nd 05531FAAI Corporate I.( .PT -2 Sale ; Ta x Res enue Bond !45065Q5[.1 , Corp -orate LC-PF 2 Sales Ta Re, cn ue Bond 14912L4V 0 _Corpo rate LC -NI -2 Sales- Ean Revenue Bond 172" 07085 C,u)rorue I,C-PF 2 Sales Tax Revenue Bond 22546QAA5 Corporate LC - PP -2 Sales 'Cat Re veu uc B+,n8 233851400 Co tpn18]' LC -13E3-2 Sales Tax Reven ue Bond 29250NAC9 Corporate_ LC-PF'-2 Sales ' [6,,, Rc renue Rand 36"626 406 Corporate LC-PF-2 Sales Ta Reven ue Bon d 369620K 86 Corporate LC -1'r-2 Sale, Ta x Re,.nose Ban d 370334807 Corpo rate LC-PF-2 Sale s Tax Revenu e Bond 40-12862Q3 Corpora te LC -11-2 Sa les Ta x Resume Bond 4,x,25HF1A 3 ('orpor4te LC -P13-2 Sales Tax Revenue Bond 581557A WS Corporate LC -Ph-: Stile, 1':10 Rc,erme Bon d 5915684( 11 Corporate LC -PP -2 Sales Tax Revenue Bond 59156RAW8 Corporate l.C-Pin-2 S,ile s Fax Revenue Bond 5" 217046" Cerp„rale LC PF 7 Sale, Tax R evenue Bond 63747WA D1 Corporate 1C -P13-2 Sale, Tat 6e,e nuc (3,n,) 671(21C'A[33 Colpn ralc 1.0 -f1-2 Saes "Fax Re, enue Bond 693476BK8 Corporate L(' -P1=-2 4, ,le c T as Reven ue Bon d 7443204 188 ( orpora10 LC-PF-2 Sales Fax Revenue Bond 88166(2444 Corpo ra te I -C --P1--2 Sala, Ta, Revenue Ii(rid 0200024312 (5o (,mle LC -PP -2 Sales Tax Revenue Bond 38141GCM4 Corporate 1.C.131--2Side s T'4., Rev uwc Bo nd 381416.133 Corporate LC-PF-2 Sale-, Ta Revenue Bond 0425870[5 Corporate 1.C'-PF-2 Sale , L,'. Ro ,en ue Bo nd ` 32343V BA1 Corpora te LC -PP -2 Sale,' fax Revenue Bond 9286704D0 Corporate I (-PF-2 Sales 120 3, R,, en.: Bond '!4474[13' f3 Corporate LC-PF 2 Sales l a, Revenue Bo nd 920903 1)1 Corporate 1.(' -P(- 7 t Ta, Revenu e Ben d 1248C 1AA2 _ CP LC P1- Sales Ta x Revenu e Bond 1710113/ 48 CP Id' -P3' Sales la, R,, -e,,,, Bend 2'S]3A3A117 (1' LC-PF-2 -2 Sales Fax R ev enue Bond 20911414 72 CP LC -1'F.2 Srdc, Ta, k.',,enue 11,,,82624-131633, CP LC-PF-2 Sales T. Reven ue Bon d 27743KA 67 CP LC-PF-2 Sale s Ta, liev cn oe 13o nd 27743K.. .134 CP LC -PC 2 Sales T ax Rev enue Bond 37790134M3 CP LC-PF-2 sahx 1-a, Rc,enuc 6 ,,,] 0547504!72 CP 1. 0 -13F-2 Sales Tax Revenue Bond 73754MA63 CP 113 - PIS-2Sales Tax Revenue Bond 78 2 CP LC - 1'F-2 Sales Tex Res ens e Bond 96538CA 76 Cl' LC-t'F 2 Sal RVAO6uc IT ri d 9174 135 740 Fund LC PF 2 Sales Tax Re , emus Bo -id 8 9648CAC5 Muni 1. t--PF1 e Reven ue Bond 41(72 i Muni I CPF-2 Sales Tax Re, en ue Bon d 61468EA Z3 Mu m LC-PF31 yRc, mire rid 644(5 _yr. VR1)N • STA MP Portf oli o by Acc ount f or qu arter ended December 31, 2013 Issuer E Fgwpment Small '82,eler- L.1 C . Series '_012- I GE Equipme nt Small Ticket , L L C Series 2012-1 09/21/2015 07/10/2013 )1/513 Hond�lu;te,vahks20U l' -f OanurnTr ust 04117�_hl7 07It1t20t3 llonda A uto Recen 'ablcs 2011-2 O wner Trust N ond' -ene6, abies 2012-3 Ov,4rer Tr ust Ronda Auto Receivables 2013-3 Owner Trust Johns Om,, ner Trust 20122-B . _. MMAF EQUIP FI N 1_1,C 2012-A atpment Finance 1.1 .0 2',] 1-A Abbey National Tre asury Sea Ices PLC - Ab rt;d I `remur y 55310 tie., PLC American Express Credit Corporati on BB&T C orp oratio n BPC F 4arkeu ILL Caterpillar Finan cial Ser vices Corporation CtL^ .. ,- Credit Suisse AG D ar' Enbridge Inc. Gene ire Capita] Cnrp orallon General Electric Capital Corporatio n Ggie L1nc _ . Eisbc Ban k USA 11'07. Chas, & Cn- McKesson Corporation MetLife, Inc. 1 America LLC Morgan Stanley tvs fA PNC Funding CorpPaid 'rove. Pharma ceutical Finance 111 BV The The G oldman Sachs The G The Southern 8' e0,', Volkswa Group, In c. Company en In ternational Finance N tta1a + h717. - Wells Fargo & Company CIGNA Co rporation Consolidated Edison Compan of N ew Y ork Inc. Eastman Chemical Co mpan y core Funding LLC Potash Corporation of Saskatchewan Inc. The Ban k of Tokyo -Mitsubishi U FJ, Lt.. Co lo ra do Housing and Finance Authority La bor, New Hampshire Departmen t of 10,11 1. orre0t Fare Nix, (.31 Maturity Trade Date , VNoe . Original Cost Date 112)2014 -.- 443-472 12 441 7,4 t 'r y 6,000 000 00 6,018,984,38 -' 03/18/2015 07/24/2013 12/15/2014 07,'10/2013; 01/15/2016 07/17/2013 6,000,000.00 :NJI71 015 g7q4,2013 'a 5 ,150.51 08/10/2016 4,154,000.00 �60h4{2015 117'10/7013 x31235-'9 01 � ._ .. 11/10/2014 07/05/2,013 3,000,000 .00 / 014, 07112 .'20136 'T 18[5 81450180 08/25/2014 07/03/2013 6,124,00600 i01a _07/03121113 ' (14 0001 04/30/2014 07/09/2013 7,460,000.00 1,4 MZrl Ur?OI3:: '050 Ot}0 (30 .. 05/20/2014_ 07/09/2013 QSt%2014 n09/29 l3 _ 05/01/2014 07/08/2013 9,000,000.00 9,360,720 .00 "W09/15/2014 471119/201}1 2,4nD,O0000, °428,301 -o. 06/15/2014 07/08/2013 5,000 ,000.00 5,234,800.00 4j':0014 0i/08%ZOt .t,3;(700 .000 .00 3.91/0,200-M1 09/15/2014 07/09/2013 5,000,000.00 5,243,950 .00 f 92,44- . 07n11l2J7ik, ;a' oam'txi- 5,8(dl . sx.il(1 58,594 .10 -- ,345,122 5� 5,999,910 60 -- �52,11217- 4 ,164,610.32 3 ,.11 .093.8!1 3,105,090,00 114,027.81 58 ,520.94 5 t .._._. 6,445,000 00 6,430,20000 6:8473,04-1' 7,764,144.20 --- 1,232;3T3„rt� . 6,501,071.50 --- 04/01/2014 --- 13,486 ,000 .00 13,871,230.45 r1,-:96/,01/741,14 ,ti7tn8720t °.._� 000 .0041,006,ii4:5 0, . 02/15/2014 07/05/2013 4,575,000 .00 4,736,131.50 4 [ u08/20_IT- s 017,00000 02/06/2014 07/10/2013 5,100,000 .00 8184,96900 .2 . O.I. ,03 ,730.000,011 �'1 7. 42117 ,7_- 01/24/2014 07/09/2013 9,070 000.00 9,164,146.60 f1/15 0014 97110/2013 a) ! 9(SOOtt(ltBY a ,.111,33211 v' iv 05/19/2014 07/10/2013 4,970,000 00 5,074,9 16.-70 07/09/2013, ,096 ,010 ,0 81 2020,40744 ;22 07/24/2013 5,000 ,000.00 5 ,042,400 .00 07105/21113 876660 00 6,141,957;1 11/15/2014 07/08/2013 2,000,000.00 2,116,560.00 05101/2014 9120 _, ....-m-,. 05/15/2014 07/10/2013 2,100 000.00 2 160,648.00 03/'8/'014 (17/1iu2013 ,833,0110 00 13974 07/09/2013 4 ,670,000.00 4,722,117.20 -10/01/2014 07/0312011 8,300 00),00 911 . 08/01/2014 07/05/2013 ' 3,911 000 00 4,0091,9336 21 01 /101201-:::12729/2913 3,(100 ($k1 n0 3.9`79 ,655.0 01/22/2014 12/23/2013 2,000,00000 1 ,999,516.66 111/17/2014 12(15/'1815i1 4;irv)000,Qn 01/07/2014 12/23/2013 500,000,00 499,962.50 mItlini4 -jV1z2 n13�- 01/06/2014 12/11/2013 8,200,000. 00 -__ 0 -(320/2014 03/21/2014 01/21/2014 12/23/2013 _ YI/134 01. `_1253'1 i2tIT3 01/06/2014_ 12/20/2013 Ot/1721�12%l OT/07/2014 12/31/2013 05/15/2014 07/10/2013 I zu' 01 /201 9;'90) 11/01/2020 07/03/2013 If2 8,198,282.59 8, 000,000. 00 7,997,100.00 3,600, 000.00 3,599,678.02 4,700 000.00 4,699,917.75 1 53'9,583:08 9,850 000 00 9,880,633.50 _-- iiif :71* 6615,101!( SJ i �_ 3,200 000 00 3,200,000.00 01/02/2014 r t 41''),00.1)0," A 2l l • Base Net Total nose' Market U nre alized Value Gain/Loss 443 695.19 6 ,018,636,00 3,528,3677683 58,604 .40 345,157=1) 6,006,078 00 6,133.11 0.540 0 ,775 152-[2`......... .... .», ,.: ...� .. .,w.-. ,.-..._ ._ -_ --- .._...._ 7,693 41 1.040 0.552 42 .43 0.940 0 .192 4160,09392 (1,12749) 0940 0.697 3121!27,37 rl' 2 (, 4$$11 00,, ... 3,081 ,930 .00 14,238,35 3.875 0.678 -. S,n34,20000rj,I ?4;7271 6,310,475 80 9,881 55 5.125 0 .428 7,588,610 40 7,821,479 5 ;l, 6,470,135.50 2:3,273,1613W 9,146,700 00 2,420,760-6_ 5, 116-50'0.00 __642 4,181.78 5 .700 0.514 (49.21) 1.375 0.363 31,774 (1,884 28) 5 .500 0 .595 1,590.69 5,156,700 ,00 10,838 08 4.750 13,624 ,905,80 4,942.09 4.625 0.494 4,606,293,00 (1,368.79) 6 ,500 0.876 j'' `.4- .,---7 a 8,114,661.00 (230.75) 2.375 0 .508 . 1730 88;20 9lam,' 9,081,791.00 754.33 2.875 0.829 85i3me ok,.: ,.. {;;3[8,7 5,020,395.80 2,983.38 74 5,014,800.00 677.72 5 tti2 ,440, .* *�M1s .S,> _ 6-:3.845 2,084,500 .00 5,089 .;300:04'332;k:3 2,128,014 .00 1 8/13 767„11 8,861.18 4,670,98070 (16,939 .77) 3e91�n:fit w,,: ro+ 4,017,332.27 2,996 ,73 1,999,666,00 'i'3.4199 .468.Op 499,966.50 6,589 82 3.000 0.350 1.700 0382 5 .500 0 .634 4.150 0.556 1 .95 1 .875 1.782 3 ,75�s 0.574 4.34 0 .000 0 .287 (18 .50) 0.000 0.402 8199508.00 (161.73) 0000 0.432 7,998,720 .00 720.00 0 .000 0 .288 3,599,784.00 (101.01) 0.000 0.432 4*?Y1{Se ..'.� (169 � 1 .00 4 69 -9:776440,30‘ ' 20) 0.000 0.306 }58308 ) 9,860 ,145.50 (3,343.00 0.852 0 .574 3,200,00 000 0.00 0 .140 --- A S nnmt,trired Cr rdil Rating AAA( A AAi A AA1 AA A, Al A Ai Al Aj A A' AAI AA A AAI AAI 24 311,171,935.85 Page 8 of 30 Sou rce. ".;ACC90Rto Secnril} Ide ntifier 1205091001 LC -2013 A Capitalized Interest 31393V2T7 2ttoo1 t',l LC -21,11 �C;!naalvaeih 1205891001 0C-2013 2013 A Capualiz cd Intere st 28311', in til 102,413 A Capitalized Interem 1205091001 LC "013 0 Capitalized Interest i'20508,I ` 0I nn 1 1( l l 1 1 C ap t l rod Intere st 1205091001 LC -20I3 A Capitalized In terest 18, 8.680. 101) I 10'-.2"i 3 A C paalued Inn^ rest 1.205091001 LC -2013 A Cap8alized Interest 3136ACGF2 Aen CCCO A ency CMG STAMP Portfolio by Account f or quarter ended December 31, 2013 Issuer . . Federal Home L oan Mortgage Corporatio n 31392HWL3 A•en CMG Federal National Mo a,e Association 31392FPP6 A en CMO Federal National Mortgage Association 3136A4M89 A en CM() Federal Mammal Mort age Association atimd Association ,2,05,91001 LC-2n l 3 A Caon Jtz, :d inl,rrsl 3)3 503610 ,, L 1205091001 LC -2013 .A Capitalized Interest 3128114NRG A en M BS Federal H onle-1 oan Mort e C on ^Oi,;•+trtrli I. C-20 ,2 A C. tpualt/ed !!arcs, 3)2086VS1 ,,205071001 1. C-2013 A Capitalized Interest 3 1 28 416 1 110 A en MBS Federal Home an Mortgage Corporation i2U50-n o31 1.(•-.7.,,13 .1 3 oil il z d �ot r t _) 141 1 L 1 120 001001 0C-2013 A Capitalized Interest, 31 . 21E 1K7 A 1205'010o 107-2013 A ( p t. li/ ^d lerest 3128800Y2 1205001 )01 I C -013 0 Capitalized Interest e L 3128CNR ) A encyMBS Federal Ho me Mortg age Corporation .1.080. 01007 I3 ,12 ACaptto118 3 Intere st 3IIICCSQ "050')1001 L( 013 .l Capitalized im lest 3140207 t8 A ency MBS Federal Nationsl Mortgage Associatio n 20 ua i tin; I C 113 A ClIpatt6zed Interest 3140 RN(3 once` 320 • 091(101 1 C 111 3 A Capita lized, Interest 31381Q11. 8 A gency MBS Federal N atiorl Mort a e Associati on 7C-+ 121, . vi n,1 1; A Capna hzed interest 314014 o 3WCI An, -) ;203001001 LC 2013 A.,Capitalized Interest 30200006 9 lee ney MBS Go vernment N itionei-Mort c-AstOCiatt i 0 5 0 0 1 0111 LC' -2013 A C pralieed Interest , 352»1 1-)47 Ag,encr L205ii't1001 LC ?073 :1 Capitalized Interest 3837(G lVZ9 Agenc ,20ci I -C -2013 AC'almalt/cd Interest .13. 7)33AF7, C: -_ 12(1' 10010P I 1 (:-2913 A Capitalized, Interest 4-1328M ALK Co r orate HSBC BM1E.PLC 10 ,i 011) LC -2013 A Capnalved inlereot 49'131113X3 Cos 120 3110 I C 01 „1 ( p z l I n t . 9217600'7 Corporate .2 ,vin 7 0C-2013 A Gptitaltzed Interest 16.5543 310 Co )201 )01 .31 LC 21)l 3 •1 C ,p t ,izui Interest 210060:11)2 Co r orate 20,371)(1^, IC -2 f111 A Capwh -ed Interest 78078955 1 ('0 '120_031001 1 C 2013 A C sp oalized Ins : rest 1122. 8_000 Co ,o ra te ' C.20 1.3 4C'anttalve' 8int rest 732718I)Vi 205031x101 LC -2013 A Capital z,.d Interest 89114QAE8 Corporate .'050'71001 101 073 ACapitalized Interest 4)! ,1AC3 12030.1001 LC 0)30(0pll _ 1 Inter, est 892 ,03J)) Co rpora te '2r ,)' 1 (07 013 A C8pitali3O Interest sl ,3 1131 \\ 7 Corpo rate [20 091001 LC -2013 A Capitaliz,,81Interest JANINI805132 MM Fund ',2030o1001 I. C•3013 0 Caphaltzed Interest 184126;1'83 120.5 1 710 11 LC -2013 13 1 Capitalizo d Interest 23s I US2 41uni Dag/, Cary of 'v,,,"I 1.01-201. 3 . Caput -16,0A Interest 4'' 7289 115 ti oo t _ 120 091001 LC 1113 A C 1 o zed In crest 04161-1487 Mum N ew Y ork, • of 120150')I001 LC•20)4A (aonalved inte rest 342028110,0 320003190,1._ .1.C-2013 A C 1 nd In r st 9128281;62, US Gov t' 21,1.)911101,,. 1. 3 2013 A C pttalt/n d In terest 4!21' 105 7 _7136,,„o _ _ 205091001 LC -2013 A Capitalized In terest 9128288156 - US G ov Treasu United Stalest .artmenl of Federal N Mort e en MBS Federal Home Loan Mortgage C ratio n Metropelue Life Global 13661l FF II Rabo bmk N ederland Shell latmmUonal Finance B.V. . The Toronto-A, omipion Bands Tpc hMellor Craft Carl ,ba t U.S. DeakMeaey st Cdfl ied • 14 n,d C�t u'scui lore Aturif y -.' Trade DA1c 1:,(,:,' ,_ n -'t t .. 06/15/2018 07/08/2013 rr 118 07/12/2013 11/25/2017 07/158013 389 872 .88 412 899.74 01125/2019 07/05/2013 680 957 .96 685 293.74 07/15/2013 02/25/2016 1,374,855.52 2,419128.56 . 2,425176.38 05/01/2018 07/16/2013 184,971.09 195 953.74 034/112019 07/26/2013 223 313.30 236,712.09 12!01/2017 07/03/2013 392 649.50 104)18016 07/05/2013 549,782 .15 5 10!01/2039 07/11/20l3 5 1 . 80 628 911 .27 03101/2016 . 07/11/2013 959,895 .60 971493.97 Bow 51ar6,t L ot 1 92,792.48 412 586.87 686,044.72 \ ,, -di 453 91.03 4,022 .53 4.500 984.55 5 .000 0.558 1 ,339.20 5000 0.560 1,200.62 1.934 1.692 2.433.619 .14 99.9771 .083 0 .750 583,00 5 .000 0.966 173 1 .207 890 .05 5.000 0.734 6,780,06 6 .000 2 .279 '5 414.5 6.000 1.634 7 ,319.41) 3 .295. 3.013 195,860.34 236,464.22 413 470.29 571 384 59 � 621 009 964 ,743 .07 Cr edit Kating if 11/1511017 07/098013 115604.41. 121190.95 - 12395547 1069.94 - 5.500 0 .408 AAA! 13.0:49 AAA) AAA! AA A': yIAA' AA A; AAA AAA! A AA1 AAA! *Al AAA! AAAAA; 06/2942015 1 01/{91/2417 - 545,000 .00 553 7 07/0811013 4110'09040. - 00 77. 45.50 07/17/'�OS,.�9'fK13/2p13 344600000 •-__3,01 .01D 124140 0 ,00 02/15 7 Q7���32133000.40Q7���32133000,00 2,135.000:00 10/01/2017 07/12/2013 1 1'70000.00 !0/19/2016 07 1 454 124 .53 92 189 .45 41 085.77 25 .48 9.64 • 11/30/2016 07/038 013 12 000 000. 00 " 11 91' 218,75 3 ,797,0006/..23 25,833 .01 3 ,100 1.089 33111 .35 780.00 15,272.79 3.375 1.591 > 00 7 672 .50 3 70040 1.64 2 157;268 .05 1,297 .76 . 1.700 0.687 AA AA'' 3143 .69 _. 5 .200 1.469 AA' Ali' 5 993.36 2.375. 0.987 19,498.05 0 .875 0.475 0.00 0.000 0.000 22,268.05 1.589 1.247 (8,999.89) 3.1401 .905 AA( AA 71"1111:4A1 A A) N A; 711 . 12038400.00 47647.36 0.875 0.764 AAA 94,448,208 .63 25 Page 9 of 30 Riverside County Tronsportotim 617470715 M7N ST ANLEY LIQ PRIME -IN MORGAN STANLEY LIQ PRIME -IN 347621 347621 347621 347621 347621 `347621 347621 347621 347621 ?347621 347621 ;347621 3476'1 347621 347621 1347621 347621 :347621 ;47621 :347621 3476_21 347621 3476-' 1 ;347621 ,3476'1 1347621 3. 47 7621 1347621 7621 13:7621 mission LC -Sr Lien Reserve Fund -1 LC -Sr Lien Reserve Fund -1 LC -Sr lien Reserve Fund -1 LC -Sr Lien Reserve Fund -I 1.0 -Sr Lien Reserve Fund -1 LC -Sr Lien Reserve Fund -1 LC -Sr Lien Reserve Fun d -1 LC -Sr Lien Reserve Fund -1 1C -Sr Lien Reserve Fund -1 LC -Sr Lien Reserve Fun d -1 LC -Sr Lien Reserve Fund -1 LC -Sr Lien Reserve Fun d -I LC -Sr lien Re serve Fund -1 LC -Sr Lien Reserve Fund -1 LC -Sr Lien Reserve Fu nd -1 LC -Sr Lien Reserv e Fund -1 I.C-Sr Lien Reserve Fund-1 LC-Sr Lien Reserve Fun d -1 LC -Sr Lien Reserve Fu nd -1 LC -Sr Lien Re serve Fun d -1 1.0 -Sr Lien Reserv e Fun d -I LC-Srlien Reserv e Fun d -1 LC -Sr Lien Reserve Fund -1 LC -Sr Lien Reserv e Fund -1 LC -Sr Lien Reserv e 11m3 - LC -Sr Lien Reserve Fund -1 1„C -Sr 1 en Reserve Fund -1 LC -Sr Lien Rese rv e Fu nd -1 LC -Sr Lien Reserve Fund -1 1L11 -Sr Lien Reserve Fund -1 LC -Sr Lien Reserve Fund -1 61747C715 617479 61747C715 6174 61747C715 617470 617470715 617470 61747C715 • STAMP Portfolio Tran sacti on Rep ort Quarter ended December 31, 2013 MO STANLEY LIQ PRIME -IN MORG AN STANLEY LIQ P RIME -I N ;4250.00 Buy 114,711.84 Buy ATTACHMENT 4 7e Final I Jaturity • 12/31/2013 761,250.00 12/31/2013 1 14,71 1.84 12/31/2013 37,895.78 12/31/2013 2,53125 12/31/2013 9.43 23998 .78 Bu 2,531 25 Buy LEY L.IQ PRIME -IN MORGAN STANLEY LIQ PRIME -IN MORGAN STANLEY LIQ PRIM0-IN MORGAN STANLEY I ,1Q PRIME -I N MORGAN STANLEY 1.1Q PRIME -IN MORGAN STANLEY LIQ PRIME -IN 61747, MORGAN ST ANLEY 1 ` 1 .10 PRIME -IN 61747C715 MORGA N STANLEY LIQ PRIME -IN MORGAN ST ANLEY LIQ PRI ME -IN MORGAN STANLEY LIQ PRIME -IN MORGAN STANLEY LIQ PRI M[ IN ;i( MORGAN ST ANLEY LIQ PRIME -IN MORGAN STANLEY LIQ PRI ME -IN MORGAN STANLEY LIQ PRIME -IN FNR,003-63;x' FN R 2011-6 BA 31397QU Q9 "G6 313381H24 FEDERAL HO ME LOA N BANK 3133811-4 3 1404WTT3 3137AQlt' 912828PE4 383771)PXS 3138EJ6V 5 9 .43 Buy, '' 100 ,124 .44 Buy 279,785 .93 Buy" 12/31/2013 100,124.44 12,31/2013 279;795.93 12/31/2013 55,561.18 12/3112013 __ . .. 24746.08 12/31/2013 31,711.97 55,561.18 Buy 24 .746.08 BayiiI 31,711.97 B uy 36 ,067 76 Buy: s, 3133F_C3U6 313376NF8 313463Y61 1347621 I.C-Sr Lien Reserve Fund -1 3837714N20 1347624 LC -Sr 1_ien Reserve Fund -1 38377ISN20 1347621 LC -Sr Lien Reserve Fund -1 38377UN 20 1347621 LC -Sr Lien Reserv e Fond -1 11398Y`666 13476 I LC -Sr Lien Reserve Fund -1 38376LE39 C— ` 1347621 I,C-Sr Lien Reserve Fund -1 38376LE39 ) ,347621 LC -Sr Lien Reserve Fund -I 38376LE39 347621 1 C -Sr Lien Reserve Fund- 31416YXJ2 Ili /347621 LC -Sr Lien Reserve Fund- 31416Y XJ2 47 3621 LC -Sr Lien Reserve Fund- 31. 416YXJ2 347621 _LC -Sr Lien Reserve Fund- 31393DRM5 347621 L( . 'Sr Lien Reserve Fund- 40921153 1347621 LC -Sr Lien Reserve Fund- 31393DRM5 FEo-FRy ,1 HOME LO AN BANK. FN 780962 Fi3M'08 A2 US TR EA SURY N B .91R 2010-101 NC FN AL2683 FED ERAL FARM CRED IT BANK FREDDIE MA C GNR 2011-62 PA GNR 2011-62 PA G NR 201 I-104 BN GN R 2011-104 BN FN AB3380 FNR 2003-63 Y13 17 I{ FNR 2003-63 YB (7,183. 84) Prin cipal Paydown 07/25/2033 (6,789.77) 26 15.43 B uy 7t3112013 12/31/2013 6;067 ,36 15.43 250 .460 75 Buy: 2 4.38 Buy 6 ,851.30 Buy1 ir 28,313 06 Buy 2,406.25 B uy; 76,536.39 Buy 1 3u Buy ,, "41171,341 .41 Buy - Buy 0,206 .80 13tlyEtiqgii - Buy 195 31 Bit - Buy Buv 202,095 .27 B uy 9G1m1" (99,845 .32) Call Redemption (249 ,867 .84) Call Redemption (14,790.10) Princip al Paydown (12,587.64) Principal Pa dow n iggg (2,180.58) Principal Paydow n (5,320. 15) Principal Paydow n (2,017.13) Principal Paydown (4,497.25) Prin cipal Paydown 131/2013 12/31/2013 11312013 12/31/2013 12/31/2013 12/31/2013 07/25/2033 06/25/2020 61_'5/2018 01/16/2015 01/16/2015 05/01/2019 01/25/2019 10/31/2015 1/20/2036 09/01/2026 11/21/2014 06,27/2019!',. 12/10/2014 01/20/2040 01/20/2040 4511/20,28 12/20/2038 12/20/2038 T 8/01/216, 08/01/2026 07/25/2033 ,468, 75 4.38 28,313 .06 12;406 25 76,536 .39 20,05:.35 226,563 .56 71,341.41 250,175.00 535296.80 179,606 15 171.195.31 60,996.09 4,333.89 202 ,095 .27 651,0.E (100,000.00) 7(50,00. (250 ,000.00) (14,529.05) (12,368.99) (2 ,161 .54) (5,265 .14) `I,2 56 2 (1,926 .04) (4,253.08) 154.68 i 132.16 286,85 . (261,05)' (196 45) (218.65) (500,7/1) (19 .04) (2_3_51) (55.01) (59.17) (91.09) (56 .06) (244.17) (58,32) (394.07) Page 10 of 30 347621 Counly Tramp STAMP Portfoli o Transacti on Rep ort Quarter ended December 31, 2013 LC -5r Lien Reserv e Fund -1 313921183 R 2003-1:HC LC -Sr Lien Reserve Fund -1 313923383 F NR 2003-17 HC KF3 FNMA0293" LC -Sr Lien Reserve Fu nd -1 31417YKF3 FN M A0293 I 5 ff� eFund 1 31417YKF3' FN .MA029 LC -Sr Lien Reserve Fund -1 3137A7E22 FHR 3804 DA I C SrvLien Reserve hind - LC -Sr Lien Reserve Fund -1 31398VWC6-- FHR 3653 AT 1,, C -Sr Lien Reserv e Fund -1 31348V\VC6 FHR 3653 AT LC -Sr Lien Reserve Fund -1 31385XBG1 FN 555439 LC -Sr Len Reserve Fund -1 383773Z89' (3NR2010 117 0K LC -Sr Lien Reserve Fund -1 31385XBG1 FN 555439 1.61 -Sr Lien Reserv e Fund -1 38377RVk.8 GN,R2010-166iG.P LC -Sr Lien Reserve Fund -1 38377JZ89 G NR 2010-117 GK 377JZ89 Glut 38377RVK 8 GN R 2010-166 GP 314171 347621 347 347621 347621 347 '347621 147621 347621 147621 317621 21 1.0 -Sr Lien Reserve Funs ,147621 347521 LC -Sr I LC -Sr Lien Reserve Fund -1 and -1 77RV 347621 317621 '347621 1, C-Srl.ie n Reserve Fund -1 LC -Sr Lien Reserve Fu nd -1 LC -Sr Lien Reserv e Fund -1 3137A 7E22 FHR 3804 DA 3137A 7E22 F1IR 3804DA` 3137ASNH 3 FHMS K019 Al AS1v113 FINS K 019A 3137ASNH 3 FH MS K 019 Al 31395K5G4 FHR 2898 PE 31395EZP5 FH R 2835 MD 31395EZP5 FH1r 2835 -M D 31395EZP5 FI IR 2835 MD 383781A F7 GNR 2013-71:OA` ,- ... 38378TA F7 GN R 2013-71 GA 3128MMAK9 1-Cr G18009 147621 1.0 -Sr Lien J:escr ve Fun 313; 347621 LC -Sr Lien Reserve Fend -1 347621 LC -Sr Lien Reserve Fund -1 147621 LC Sr Lien Reserve Fun d -I 347621 :347621 7621 1-17621 347621 117621 3476_21 347621 147621 347621 347621 -347621 347621 - 347621 1.0 -Sr lien Reserv e Fund -1 LC -Sr Lien Reserve Fund -1 1 C -Sr Lie n Reserve Fund -1 LC -Sr Lien Reserve Fund -1 1, C -Sr Lien Reserv e Fund -1 LC -Sr Lien Reserve Fund -1 LC -Sr Lien Reserve Fund -1 LC -Sr Lien Reserve e Fund -1 1.0 -Sr Lien Reserve. Fund -I LC: -Sr Lien Reserve Fund -1 1. 0 -Sr lien Reserve Fund -1 1 61 -Sr Lien Reserve Fund -I 1.0 -Sr Lien Reserve Fund -1 1.0 Sr Lien Reserve Fund -1 347621 1 C Sr Lien Reserve Fund -1 31762 1 LC -Sr Lien Reserve Fund -1 347(21 LC -Sr Lien Rese rve Fund -1_ 347621 347621 3476 21 347621 347621 ,648.96 (2,314.75) Principal Paydown par ayoown (4,321 54) Principal Paydow n (5,957 .32) Principalaydowri (14,333 80) Pri ncipal Pa down (2 31606) Principal-Pavdo (39,520.80) Principal Payd own (38.393.6-) Prunill,al (2,238.64) Pri ncipal Paydown {4 .178.47) Principal Paydo (1,878.37) Pri ncipal Paydown (2 .802.-2) PnncsP Pavd uwnr' (4,578.11) Pri ncipal Paydown (5149 .5Q) Prin6ipal 'Paydown`„ (2,330.77) Pri ncipal Paydow n 79) Principal Pavdo (7,022.73) Pri ncipal Paydown 4,731.91 , i'rl nut al; Paydot (2,180 .93) Pri ncipal Paydown (2.366 .74) Principa1Paydo ii (2,348.96) Principal Paydown (2,107,11)xPrilicipal' Pavliow' " (3,877.20) Princi ,alPa d ow n 10,347.88) P nnr ids (9,958.15) Principal .i 128MMAK9 i'ii 018009 38378TAF7 GNR:2013 7 . GA 3128MMAK 9 FG G18009 31395K5G4 FFIR 2898 PE 31395K 5G4 El lit 2898 PE 3138E16\'5 FN A1,2683 31418AFW3 FN MA1080 31418A FW3 FNMA1080 .. 31418AFW3 1N MA1080 3136A4ty148 FNA2012-M: 3136A4M48 FNA 2012-M3 1A1 3136A4M48 I NA 2012_-M3 IAI 1.0 -Sr Lien Reserv e Fund -1 61747C715',1 LC -Sr Li Reserve Pund-! 61747C715 LC -Sr Lien Reserve Fund -1 4 61747C715 LC -Sr eserve Fund -1 61747C715 MORGAN STANLEY esuse Fund -1 31393DRM5" ` X11 113 tx3' Y ANSTANLEY I' MORGA N STA NLEY LIQ PRIME -IN LIQ PRIME 9119 (1,536.81) Princi , Print% (10,580 .81) Princi (82 3,9,6) (8,006.98) P ' a 0 000 04 (6,882.72) PTaaq (6,277.30 (6242.44 (2,747. 83) (356,247.70) (142,577.33 Sell 03/25/2018 011, , 01/01/2030 01/01/2030 04/15/2028 03/01/2018, ' . 06/15/2028 /2028 03/01/2018 ]0/20 6039_ 03/01/2018 10/20/2039 04/20/2039 04/1512028 08/1512019 08/15/2019 07/20/204 5/20 06/0112022 06/0112022 12/31/2013 (2 ,51-3 :67 (2,198 .36) (4,087.49) (5„633,3 (13, 849 .15) (2,176 .2$ (38,591.90) .fit . 37,53 (2,100.76) (4,055 ,4— (1,767.32) (2;738 .5 (4,442 .08) 4,997.16 (2,278 .74) (6,781 .99) 2,229 .52) (2,401.98) 0 (3,673.60 9957.25) 6 ,798.3 8.31 6,4)46 .66 215 (345,452 .17) 142,577.33 (171,426.65) Sell 12/31/2013 (171,426 .65) (116 .39) (234 .05) (484 .65) (928 90) (137 .88) (111 .05) (136.03 ) (52.03) (240 .74) r , 48 .59 53 .02 (203 .60) 54j/4 (535.47) (0.10) (623.56) (84 .35) (198 .99) (195.78) (7 .18) (10,795 .53) 8,434.03" 27 Page 11 of 30 't in Yee Account 047621 LC -Sr Lien Reserve Fund -1 Identifier 61747C715 Subtotal - 347621 LC -Sr Lien Reserve Fund -1 • STAMP Portfoli o Transacti on Rep ort Quarter ended December 31, 2013 Descripti on M ORG AN STA NLEY LIQ PRIME -I N .347623 LC -Sr Lien Ob Fund -1 Interest 015 4VX43 347623 LC -Sr Lien Oh Fund -1 Interest 233330.61 :34762 _3 I.C-Sr Lien 06 Fund -1 Interest 617.17C71 5 347623 LC -Sr Lien Oh Fund -1 Interest 61747071.5 347623 1,C -Sr Lien 05 Fund -1 Interest 61747C715 347623 LC -Sr Lie rd -1 1nt st 617715 347623 LC -Sr Lien Ob Fund -1 Interest 61747C715 347623 LC -Sr Li rnd-i 1.7W1i 5 ;347623 1, C -Sr Lien Ob Fun d -1 Interest 617470715 347623 LC -Sr Lie6 urtd-1 In—T t est 61747C715 '347623 LC -Sr Lien O5 Fund -1 Interest 617470715 347623 1,C -S i Wd-1 interest 61747C715 :347623 LC -Sr Lien Ob Fun d -1 Interest 61 747C715 347623 L0 -'Fr... Fund -1 Interest 617470715 .347623 LC -Sr Lien Ob Fund -1 Intere st 617470715 347623 und-1 Interest 617470715 347623 LC -Sr Lien Ob Fund -1 Interest 61747C715 347623 LC -S ,p b Fund -1 Interest 61 74 707 1 5 :347623 LC -Sr Lien Ob Fund -1 Interest 61747C715 347623 1,C--SrLien 05 Fund -1 (n terest 617470715 347623 LC -Sr Lien Ob Fund -1 In terest 61747C715 3476_2 3 LC -Sr Lien 06 Fund -1 In terest 617470715 :347623 LC -Sr Lien Ob Fund -1 Interest 617470715 3476'3 1.0 -Sr Lien 05 Fund -1 Interest 617470715 347623 LC -Sr Lien Ob Fund -I Interest 61747C715 3476'_3 LC -Sr Lien Ob Fu nd -I In terest 3140201303 :347623 1,C -Sr Lien Ob Fund -1 Interest 65475MAF7 347623 LC -Sr Lien 05 Fund -1 Interest 1248C37K5 :347623 LC -Sr Lien 05 Fund -1 Interest 31385JL 347623 LC -Sr Lien 05 Fund -1 Interest '4130170W8 347633 .347623 347623 34762 3 347623 1347623 347623 :347623 147611 LC' -Sr Lien l )6 Fund. -4 Interest LC -Sr Lien 0b Fund -1 Interest L0 -Sr H en 05 Fund -1 Interest 1. 0.61 Lien Ob Fund -1 Interest LC -Sr Lien 05 Fund -I Interest LC' -Sr Lien Ob Farad -1 Interest LC -Sr Lien 06 Fund -1 Interest LC -Sr Lien t)5 Fund -1 Interest C -Sr Lien Ob Fund -1 Interest LC -Sr Lien Ob Fund -1 Interest F3 AllianceBemstein L.P. DIErgy Company MORGAN ST ANLE Y LIQ PRIME -IN MORGAN STANLEY LIQ PRI ME- MORG AN STANLEY LIQ PRIME-1N� I1+JiRG4N STANLEY LIQ PRIME -IN MORG AN STA NLEY LIQ PRIME -IN MORGAN,STANLEY LIQ PRIMmI N MORGA N ST ANLEY LIQ PRIME IN M ORGANSTANLEY LIQ PRIME -IN MORGAN STA NLEY LIQ PRIME -IN MORGAN .STANLEYLIQ;PRtM> lei MORGAN STANLEY LIQ PRIME -IN MORA N: STANLEY LiQ -PRIME IN. MORGAN STANLEY LIQ PRIME -I N MORGAN STA Iit EY,LIQ PRIME MO RGA N STAN LEY LIQ PRIME -IN MORGA STA NLEY LtQ.I' MOR GAN STANLEY LIQ PRIME -IN M tJftGANST N1, EY LIQ;PRIM IB S MOR GA N STANLEY LIQ PRIME -IN MORGAN-STANLEY LIQ;PRIME-1t:. MORGAN STAN LEY LIQ PRIME -IN MOR GAN STANLEY LIQ PRIME -IN FN'735,'39'r; ta x. .. Nissan Motor Acceptance Co rporation CBS. Corp©ralli*'tr_ FN 545826 UNITEDTECH)?1 01854VX43 Alliance 1248C2ZK5 CBS Co )1301713\('8 UNITE 314U2113(i3 311022RB03 3140204303 31393V2T7 31393\12.1'7 31393V2T7 3136A4M89 7354: oration Al: 11) Fran. (20,058 .66) Sell 4;532.59Y', 113,429.57 • Rant' Net l ntal `ype Final Maturity Base Principal Realized .Gain ..o 12/31/2013 499,998 .20 Buy 5958 .00' 738.62 B uy 74,515.36 Bu} t 400,000.00 Buy 3,496,111.94 Buy 4,3 $.71 Buy 28.12 Buy .xt� f3;5S�/9c115uy; 4,156 .25 Buy 0000' ,00-_Btiy 9,000 .00 B uy 8 136 Btt3 80,105 .83 Buy 22 .25 B uy a745 97:BdY 43,664 .30 B uy '531,8 B 8,558.22 Buy 14,582.50 B uy ?i 19,375.00 Buy 749,870 .63 B uy 400 460,355.64 B uy 14 7,846,291.90 (501},000,0,0};itj (400,000. 00) Maturity FN 735439:,,, ;!;:„- FORic. 2627 GY FHR 2627GY, FOR 2627 GY 2-M32A 1 145,000.00) 10/04/2013 01 1'06/2014 8';063)37) Principal P ydown (8,221.86) Principal Paydown (8.329.87) Principal Paydo wn (16,52795) Principal Paydown 7,010,50) Prim'ipal Paydown (14.405 81) Principal Paydown ,;.(1,263_27) Principal Paydown 12/31/2013 (20 ,058.66) (1,322,963 .93) 8 ,434.0.3 947,234.96 (2,074 .66)! 499,998.20_ 599,958 .00 738.62 - 2/31/2013 74,515.36 12/31/2013 400,000.00 1 213 1.1201 12/31/2013 12/31?2013 12/31/2013 11- 121'31 /2013 12/31/2013 121131/2013 12/31/2013 12/31/2013 12/31/2013 12/31/2013 f 2/31/2013 12/31/2013 1/2913 12/31/2013 12/31/2013 01/15/2014 1912111'5, - .. 08/01/2017 12/19/2013 09/01/2019 06/15/2018 t�:udln°a� t 06/15/2018 11 53L88 3,496,111.94 36,328,71�� 28 .12 40:557 .99 4,156 .25 9,000.00 9;581,36 80,105 .83 062 ,5G 22.25 745 .97 43,664 .30 8,558.22 14,582.50 19,375.00 749,870.63 460,355.64 7,846,291 .90 (400,000.00) (1,145,000.00) (7,670.04) (15,653.52) (13,655 .19) FN 735439 (0 .00) (551.82) ;MOO (874 .43) (750.62) 28 Page 12 of 30 `(iit rtt' tasnn1 :iceouttt 347623 LC -Sr Lien Ob Fu nd -1 Interest 34' I C Sr Lien Oil fpd 1 Interest 347623 LC -Sr Lien Ob Fund -1 Interest 347 LC -S, d -I In_ „t 347623 LC -Sr Sr Lien Ob Fun d -1 Interest 347 i. C-Sr „+;d-1 Int`es 1347623 LC -Sr Lien Ob Fund -1 Interest 347 C, r a jInd 1 :440 347623 LC -Sr Lien Ob Fund -1 Interest 347623 LC -Sr Lien Ob Fund -1 Interest .347623 IC -Sr Lien 05 Fund -1 Interest 3137ASNH3 347623 i. C-Sr Lien 06 Fu nd -1 Interest 347623 LC -Sr Lien 0b Fund -I In terest 347623 LC -Sr Lien 06 Fund -1 1 :347623 LC -Sr Lien Ob Fund -1 Interes 347623 LC -SrI. ,347623 LC -Sr Lien Ob Fun d -1 Interest 347623 LC -Sr 1.ien Ob rid -1 347623 LC -Sr Lien Ob Fun d -I Interest Identifier 3136A4M89 347623 317623 347623 3471,23 347623 347623 347623 347623 LC -Sr Sr Lien 06 F u rd 1 Interest Sr I ien (>6 Fund -I Intern et LC -Sr Lien 06 Fund -1 In ternet 142 -Sr Lien 06 Fu nd -1 Interest LC -Sr Liar 06 Fund -1 Interest t t•.Sr I.ern (b Fun d -1 lntcrest LC -Sr Lien 96 Fund -I Interest LC -Sr Lien (16 Fun d -1 In terest 09/25/2021 47787BAC9 477874 47787BAC9 31385JLF3 31393EXC8 3136A8G38 3136A8G38 313 36162RAB4 3616R 36162RAB4 GEEST 2012-1A A2 STAMP Portfoli o Transacti on Rep ort Quarter ended December 31, 2013 I1 FNA 2012-M3 2 A1 J DOT 2012-A A3 J DOT 2012-A A3 FN 545826 FNR 2003-88 TH FHMS K019 Al FNA 2012-M13 1 FNA 2012-M13 1 r'. GEEST 2012-1A A2 61747C7 61747 a' 61747C715 61747C7157 6)747C715 61747C715 61747C715 9128281016 Subtotal -347623 LC -Sr Lien Ob Fund -1 Inter 347625 I.C•Proiect Fund -2 Senior Lien 377. 1A/48 3-17(,25 LC -Project Fund -2 Senior lien 23337SYSI 317625 __. LC -Project Fund -2 Senior lien 05635NA84 3476225 LC-Prolect Fund= Senior Lien 277431X 1'3 347625 I, C-Project Fund -2 Senio r Lien 002t)A2YC0 :347625 LC -Project Fund -2 Senior Lien 47836.IZH5 347625 LC -Project Fund -2 Senior Lien 74433Cr ' 347625 LC -Project Fund -2 Senior Lien 65475LZB 347625 LC -Project Fund -2 Senior Lien 78a73FA11 _347625 LC -Project Fund -2 Senior Lien 3703E0Y79 347625 1,C-Prolect Fund -2 Senior Lien 347625 LC -Project Fund -2 Senior lien 20911LY45 347625 LC -Project Fund -2 Senior Lien 448$OMZ9l `347625 LC -Project Fund -2 Sen ior Lien 66439TY51 347625LC-P- and -2 SeniorLien 57143TZ 23333GA 61 D TE En ergy Compan y 347625 LC -Pou nd -2 Senior Lien eript lr In MORGA N STA NLEY LI MORGAN STAN LEY LI MORGAN STA NLEY II MO RGAN STANLEY LI DTE Gas Com • an Eastman Chemical Com Johnson Co ntrols, In c. Consolidated Edison - N ortheast Utilities PRIME IN PRIME - PRIME -IN PRIMEIN Eue nsactiu n-Type .07) Principal Paydown (53,307 80) Pri ncipal Paydow n • ; ' ci •al Pavdoti ' (61,758 .74) Pri ncipal Payd ow n 7*:,;M:41-4 Paydow (16,022,04) Pri ncipal Payd own 2 ,434. -) Prtnet`.0 'aydcs (2,816.65) Pri ncipal Payd own l ;:3) Principal P avdu' 2,357.72) Pri ncipal Payd own 779.89) Pri ncipal Paydo .5),Principal -Pa 689.96) Pri ncipal Payd ow n tneipal Pa' 9,412.91) Pri ncipal Paydow n (52,699 .87) Pri ncipal Paydow n 1,310,206 .03 Sell 499,998 .20 Sell 461,433 .76 Sell: 347 083 .51 Sell (8,993,018 .46) 4 ,825.00 4, 499,763.75 B Bu y it aturit 01/25/2019 03/15/2016 �l is 03/15/2016 ►8101 0 08/01/2017 09 5/2I 09/25/2018 08/25/2017 11 1/2014 12/31/2013 12/31/2013 12/31/2013 12/31/2013 11/08/2013 10/23/2013 12/17/2013 11/07/2013 11/04/2013 Base Principal (1,355.86) 3,270.83) 5,001.50) 02.29) (2,665 .67) (2,418 (790.50 (699 .56 (39,398 .25) 39 50 . (52,683.50) 11m4'r Ni( I,�lrsl Itcalizcd Gain 1,310,206.03) (499,998 .20)-- (461 433 .76) (347,083 .51 (9,0/7,1,0.04) ,340 K,998,75 3,999 ,200 .00 3,999,400.00 2,699,968.50 ;999100=00 2,999,190 .00 3,998,805.55 4,499,825.00 (8 .21) (36 .97); (59.79)1 (47.63 ,242,12); (1,020.54) '7'72,37Y (150.98) 356 .49 61.08 (1_49.50y 10.61 5-976-01 7 .01 — 9.60 ) _62.21 62 1 (14.66) (9.73)` (16 .37) (6;367.00)€ 34,099.00 34,000 nn 27,732.00 11/05/2013 01/06/2014 4,499,763.75 399;365,32 _ 4 3,999,720.00 29 Page 13 of 30 Riverside County TI 317625 147625 347625 '347625 347625 347625 347625 ;347625 '347625 347625 347625 347625 347625 1347625 347625 347625 347625 347625 347625 347625 347625 '347625 347625 ?347625 34762_5 347625 347625 '347625 347625 347625 317625 1347625 347E+25 1347625 347625 1347625 347625 1347625 347625 1347625 )417625 347625 17625 347625 `347625 347625 3137625 1347625 1 C" -Project Fund -2 Senior Lien LC -Project Fund -2 Senior Lien I.2 -Project Fund -2 Sensor Lien 1.0 --Project Fund -2 Senior Lien LC-Pioject Fund= Senior Lien IC -Project Fu nd -2 Sensor I"ien 1 C -Project Fund -2 Senio r 1 ien LC -Project Fu nd -2 Senio r Lien 1. 0 -Pro ject Fund -2 Senior Lien C -Project Fun d -2 Senior Lien 1.5 -Pro ject Fund -2 Senior Lien 1. 0 -Project Fund -2 Senior Lien LC -Pro ject Fund -2 SeniorIien LC -Project Fund -2 Senior Lien 1,;(3 -Pro ject Fund -2 SeniC r Lien LC -Project Fund -2 Senior Lien 1.C-Pro jeei Fund -2 Senio r Lien LC -Project Fund -2 Sen ior Lien IC -Pro ject Fund -2 Senior Lien LC -Project Fund -2 Senior Lien 1.0 -Pro ject Fund -2 Senior Lien LC -Project Fund -2 Senior Lien 1.0 -Project Fund -2 Senior Hen LC -Project Fund -2 Senior Lien 1C -Project Fund -2 Senio r Lien LC -Project Fund -2 Senior Lien LC -Project Fund -_2 Senior Lien LC -Project Fund -2 Senio r Lien LC -Project Fund -2 Sen ior Lien LC -Project Fund -2 Sen ior Lien LC -Protect Fund 2 Senio r Lien LC -Project Fun d -2 Senior Lien LC-PiojeciFund-2 Senior Lien LC -Proje ct Fun d -2 Senio r Lien LC -Pro je ct Fund -2 Senio r Lien LC-Pioject Fun d -2 Sen ior Lien LC -Pro ject Fun d -2 Senior Lien LC -Project Fun d -2 Senior Lien 1.0 -Project Fund -2 Senior Lien LC -Project Fun d -2 Senior Lien LC -Project Fund -2 Senior Lien LC -Project Fun d -2 Senior Tien I.C.`-Project Fun d -2 Senio r Lien LC -Project Fun d -2 Senior lien LC -Project Fun d -2 Senior Lien 26244JA66 61747C715 61747(3715 617470715 61747(2715 61747(7715 61747( '715 61747C715 61747(2715 61747(2715 61747(3715 61747C715 6l747C715 61747(3715 61747(2715 61747C715 617470715" 61747C715 617470715 61747C715 61747(2715 61747C715 ;617470715 617470715 01834WX'U5 617470715 61747C715 61747C715 617470715 61747C715 617470715 617470715 617470715 61747C715 617470715 • STA MP Portfoli o Transacti on Rep ort Quarter ended December 31, 2013 Duke Energy Corpi MORGAN ST ANLE Y LIQ PRIME -I N MURC; AN --,PR M MORGAN ST ANLEY I.IQ PRIME -I N MGRS T, T lLE`r' LIQ PRIME -IN MORGAN STANLEY LIQ PRIME -I N MCr}R M,, tFa-F. YLI i'Rltvtl I'4 ". MORG AN STANLEY LIQ PRIME -I N Mt} Rt ' -0110 PR 1 ME -IN MORG AN STA NLEY LIQ PRIME -IN MOR : T E ,L L1Q PRI ME -IN MORGAN ST ANLE Y LIQ PRIME -IN MOM " ? T1 ' UQ PRIME -IN MORGA N ST ANLE Y LIQ PRIME -1N MO RT PR[M1~ MORGAN ST ANLE Y LIQ PRIME -I N MO MO RGAN STANLEY LIQ PRIME -IN MORR MORGAN STA NLEY LIQ PRIME -I N MOR Atik,141411011VRIMW MORGAN STAN LEY LIQ PRIME -1N M OR TICSPRIM12TN MORGAN STANLEY LIQ_ PRIME -IN A11ia' MORGAN STANLEY LIQ PRIME -IN M OR rt MORGAN STAN LEY LIQ PRIME -IN MOR t ',, .:UMMI,47401. MORGAN STANLEY LIQ PRIME -IN LM O * = ,L10 PRIME MORGAN STAN LEY LIQ PR IME -IN MORGAN STAN LEY LIQ PR IME -IN LIQ PRIME •1 '.n17. _..., LC -Pro ject Fun d -2 Senior Lien 74433GY42 Prudentia l Funding LLC l.('-Prolee, Fund -2 Sen ior Lien 29251UZB7 Enbridge (1,) S.) Inc LC -Project Fund -2 Sen ior Lien 27743JZ30 Eastman Chemical Co mpan y 1 ,999.694.4-I Buc 8,00(5000.00 Bin' 11,400 ,00 PO Buy 13,500,195.51 Buy F,u00.20Q 9 ';k 790.24 Buy ,.; 4.00 tBu y 5,526,003.93 Buy 4,84 ' ,,t1tl} 900 .00 Buy 1,300,031.50 Buy uy 1,200,014 .00 Buy uy 5,001,451 .71 Buy 10104 ,401,969.67 B uy 2,908,800 .00 Buy 10,508,517 .35 Buy 5,054,017.61 Buy 4,500,000.00 B uy 1,500,000.00 B uy 390,676.17 B uy 413642 Buy 934.44 B uy 3,02 Buy 000,746 .67 B uy 624.44 Buy 3,999,780.00 B uy 9 8,933.3 13uv 3,999,075.56 Buy J99,253.33 Buy ion 4,524,973.62 Buy • 01106)2014 1,999,694.44 8,000,000.00 12/31/2013 13,500,195.51 12/31/2013 790.24 12/31/2013 5,526,003.93 12/31/2013 900.00 12/31/2013 1,300,031 .50 12/31/2013 1,200,014 .00 12/31/2013 5,001,451 .71 12/31/2013 1,401,969 .67 12/31/2013 12/31/2013 12/31/2013 12/31/2013 12/31/2013 12/31/2013 ilw3,1110 12/31/2013 12/31/2013 12/31/2013 2,908,800 .00 10,508,517 .35 5,054 017 .6'1 4,500,000.00 500,000.00 390,676.17 934.44 8,000,746.67 12/03/2013 11/06/2013 3,999,780 .00 3,999,075 .56 11/01/2013 01/0150 12/31/2013 4,524,973 .62 ;374, 553.13 Buy 1,999-75722 Bu y 3, 999,065. 56 BRy 2,749,503.46 Buy - Bun 3,999,960. 00 Buy _;3,999, 065.56 Bu 3,999,377. 78 Buy 01/14/2014 11/19no1 . 11/04/2013 12/03/2013 4: 1,999,757.22 3;999;0654....- p 2,749,503.46 t9935tt;fits;i: ", 3,999,960.00 3,999,377.78 30 Page 14 of 30 '347625 LC -Project Fund -2 Senior Lien 57163UA896 `347625 1. 0 -Project Fund -2 Senior Lien 57163UA89 3476-'5 LC -Project Fund 2 Se nior Lien 17;181RAN10'; - 347625 LC -Project Fund -2 Senior Lien 3134G3JU5 347625 LC -Project Fu6A 2 Senior Lien 65475LYC 347625 LC -Project Fun d -2 Senior Lien 06538CA76 347625 1.0 -Project Fu Senior Lien 91:8421\ 2 ;347625 LC -Project Fun d -2 Sen ior Lien 60920VZW5 ,47625 I,6 1 rojee& do 2;,Se nior Lien 57708LYK8;# 347625 LC -Project Fun d -2 Senior Lien 27743JYC1 347625 1,q-poitottfo gigoor Lien 74433t 347625 LC -Project Fu nd -2 Senior Lien 27743KA34 347625 - Lien 201 347625 LC -Project Fund -2 Senior Lien 347625 1 C-Projedffiiii nior Lien 347625 LC -Project Fund -2 Senior Lien 347625 '1E -Project Fund -2- Senior Lien 1248C 3 7625 LC Project Fund -2 Senior Lien 347625 1 C -Project Fund -2_ Senior Lien 63( . 317625 LC -Project Fund -2 Senior lien 19122WZ54 347625 LC -Project Fund -2 Senior Lien 65475L; 347625 LC -Project Fund -2 Senior Lien 23337SZC1 347625 LC -Project Fund -2 Senior Lien 78355, 317625 i C-i'rnieet Pun d-J .Sen io r ien 44890MY14 347625 LC-Pro it-(4 Fund -2 Se nior Lien 44890MY11 347625 LC -Project Fund -2 Senior Lien 65475 347625 LC -Project Fund -2 Senior Lien 161 571 3.17625 I,C-Project Fund -2 Senior Lien 01854 347625 1. 0 -Project Fund -2 Se nior Lien 49455 347625 LC -Pro ject Fund -2 Senior Lien 4335P2 347625 LC -Project Fund ^ Senior Lien 161 347625 1.0 -Project Fund -2 Senior Lien 92344 347625 1. 0 -Project Fund -2 Sen ior lien 2925A :347625 LC -Pro ject Fu nd -2 Senior Lien 2574P0 347625 LC -Project Fund -2 Senior Lien 17181A Y14 :347625 LC -Project Fund -2 Senior Lien 27743KA 67 347625 Lo -Project Fund -2 Senior Lien 60920V 347625 LC -Project Fu nd -2 Senior Lien 3.7625 LC -Project Fund -2 Senior Lien 347625 LC -Project Fund -2 Senior Lien 347625 LC -Project Fund -2 Senior Lien 1 :347625 LC -Project Fu nd -2 Senior Lien 1248C2Y18 347625 1_C` -Projeet Fund -2 Senior Lien 2524H4Y$3 H 347625 LC -Project Fund -2 Senior en 0020A2ZGO 347625 LC -Project Fund -2 Senior, lien,, , 74 33GX$4 347625 LC-Proect Fun d -2 Senio r Lien 13638WZA3 347625 Senior LC -P und-2 Lien 19122WY.15 1347625 LC -P and -2 Senior Lien 49455BAA 0 1 STAMP Portfolio Transaction Report Quarter ended December 31, 2013 Ma" 3Qit Itttono Marriott I ntemationa FRE DDIE MAC 3 01/10/2014 The Bank of Tokyo -Mitsubishi UFJ, Ltd. Mondelez International Inc Mali p .j c ! Eastma n Chemical Compa n to ential - , Nj '` Eastma n Chemical Compan 1248C3A A2 CBS Corporation 37799$RM3; 01854V XR2 A llianceBemstein L .P . 00287BXG9 2P2YF7, 57 92344LYE9 37799AY 05634BZ43 A bbV ie Inc. Coca-Cola Refreshgtextts USA, Inc: DTE Gas Company H yun dai Capital Ameri Y 16 MAD2 N issan Motor •- VX Q4 Alliance P. ZJ6 Hita Y66 VerizbnC ` 2YCi Do . . r.it Reduces; Inc CBSC� ,, A T& T Inc. Cana dian N atural R esources Limited Kinder Morgan Energy Partners, L. P ,650,01 B 2;1 ;846.50 Bu 986 .00 B 7 800 .00 B uy 3,998,755 .56 B 9,945.55. B, 1,799,666 .50 Bu ,700.00, y.. 299,557 .2_4 Buy 99,275 .00 l3' 1,699,994.34 Buy 99,36112 13 1,999,867 .78 B uy 99,120.33 3,999,560 .00 Buy 9,220 013 3,999,131.12 Buy 9 253• 4,499,752.50 .87.e 3,999,250.00 ag �. 1,124,996.25 3.9 °'',217.76 1,999,93&66 :. 3,999;133.32` B 1,799;623.01 B u 5:56 Buy 3,998, s 60. 00 Buy 3,999,100.00 Bu y 3;9`8,155''• Buy 3,999,416.68 Buy 812014 .;. 01/08/2014 01/23/2017 01/07/2014 12/30/2013 11/12/2013 x/2013 01/03/2014 014 10/25/2013 10/16/2013 12/05/2013 12/12/2013 11/01/2013 01/13/2014 10/24/2013 Ifilill/2013 11 /06/2013 11/01/2013 01/06/2014 11/01/2013 12/16/2013 12/10/2013 1/ /2u13 01/10/2014 -1,299,801.39 1,799,650.01 499,39583 2.161.846.50 799,986.00 998 1,999 1,998 3,998 ,999 1 799 ,999,70000 3,299,557.24 999 275.00 1,699,994.34 +999.361:12;' 1,999,867.78 599„12033- 3,999,560.00 3,959,220.00, " 3,999,131.12 3,999,253.33 G' 4,499,752.50 X739 3,999,250 .00 1,124,996.25 916;67 . 800.00 753.32' 755.56 41:55 666.50 1,999,936 .66 3,999,133 .32 1,799 , 23.01 3,999,305 .56 3,998,960 .00 3,999,100 .00 3,999,416.68 1;.;, Net Total ,e Realized Gain" a; 31 Page 15 of 30 Riverside County Transpor101ioo Ccmttdsion • STA MP Portf olio Transacti on Rep ort Quarter ended December 31, 2013 • if Accoun t Account identifier 347623 LC -Project Fund -2 Senior Lien 2003A3A117 Conuasl Corporation (347625 LC: Project Fund -2 Senior Lien 744.33GX V3 Pr udential Funding LLC Description , Market Value . .:Transaetion,Type Final Maturity 13as 1,349,937.00 Buy 10/29/2013 'rincipa€1 Rase Net Total Realized Cain 347625 LC -Project Fund -2 Senior Lien 97689R AH7 347n25 LC -Project Fund -2 Senior Lien 852722LC3 `3-17625 1_C -Protect Fund -2 Senior Lien 161571673 `347625 LC-Pioject Fund -2 Senior Lien 347625 LC -Project Fund -2 Senior Lien 347625 1.0 -Project Fund -2 Senior Lien 347625 LC -Project Fund -2 Senior Lien 347625 LC -Project Fund -2 Senior Lien 347625 LC -Project Fund -2 SeniorLien ;347625 LC -Project Fund -2 Senior Lien 347625 LC -Project Fund Senio r lien 347625 LC -Project Fund -2 Senior Lien 1347625 . LC -Project Fund -2 Seni or Lien ;347625 LC -Pro ject Fund:2 Senior Lien 347625 LC -Pro ject jeci Fund -2 Senior Lien_ 1347625 LC -Pro ject Lund -2 Senior Lien 347625 1('-Prnjeet Fund -. 2 Senior Lien_ 1347625 i.C-Piocct Fund -2 Senior Lien '347625 C.C-Project Fund -2 Senior lien ;347625 LC -Project Fund -2 Senio r Lien `347625 LC -Project Fund -2 Senio r Lien 317625 LC -Project Fund -2 Senior 1 en '347625 LC -Project Fun i 2 Senior 1.ien 347625 LC -Project Fund -2 Sen io r Lien 3476_'5 C.C-Project Fund -2 Senior 1.ien 347625 , LC -Pro ject Fund -2 Sen ior Lien 347625 LC -Project Fund -2 Senior Lien 347625 LC -Prote ct Fund -2 Senior Lien 347625 1-C-l'roeer Fund -2_ Senior Lien 347625 LC -Project Fund:2 Senior Lien +4762,, LC -Pro ject Fund -2 Senior lien 347625 LC -Project Fund -2 Senio r Lie n 347625jn LC-Project Fund -2 Senio r Lien 347625 LC -Project Fu nd:2 Senior Lien 34762. $ ._ 1.0 -Project Fu nd -2 Senior Lien 347625LC-Pioject Fu nd -2, Senior Lien 34 762$_ l.C-Project Fund -2 Senior Lien 347625 LC -Project Fund -2 Senior Lien 347625 I-C:Project Fund -2 Senior Lien Y. � 347625 LC -Project Fund -2 Senior Lien 05635MX24 347623! LC-£'roject Fund -2 Senio r t ien 2r} 347625 LC -Project Fu nd -2 Senior Lien 9497K2XH0 WI HSG-VAR TXB-B..MF H CHAIT 2011-A3 A3 37790AZ48 Glcncore F _ LLaC 47' .: 27743JXP3 Eastman Chemical Cont 124 .y 0020A2YCO AT&T Inc . 744 65475LZB 1 Nissan Motor 059 20911LY45 Consolidated Edison 370 ` t 25490CYK7 D IRECTV Hoe, 9184 44890MZ96 H . ital Ameri 66439TY51 N ortheast U tilities 57163TZ44 Marriott Internation al, Inc. 05634BXP8 Bacardi USA., Inc, 2254EAZ30 Credit Suisse SA , Inc. 18905LZH 7 The Clo rox Com;,z, 23337SY 81 DTE Gas Co mpany 78573EYN6 Sabmiller Hold' 2574Pt), . . 37331 WZX2 Georc'a-Pacifie LLC 64985 : 5006E0ZC3 ores • 787 .� 27805AXF9 Eaton 7835$t`K 15103GX94 Celgene Co • . Lion Bacardi C ration WellPoin t, In c. of New Y ork, I nc . 0,000.00 Call Redem on 04/01/2046 Call Redemption 12/15/2015 1,349,937.00 (10,000.00) 4,000.000.00) Maturi 12/04/2013 (4,000,000.00) 4,000,000.00) Maturity 10/23/2013 (4,000 000 .00) 2,500,000 .00 Mat uri 11/12/2013 (2,500,000.00) 2,700,00000 Maturi 12/11/2013 (2 700 000.00) 4,500,000 .00 Mat ure 11/04/2013 (4,500,000 .00) (4 000,000 00) Maturity 11/19/2013 (4 000 000.00) 4,000,000.00) Mature 12/09/2013 (4,000,000 .00) 4,500,000.00) Maturity 11/05/2013 (4,500 000 00) (3 400,000 00) Maturity 12/04/2013 3,400 000 .00) 3 000 000.00) Maturity 10/23/2013 (3 000,000 00) .: i}##�Y s i,; rr'' �' ' � "`" 3+" •BP .�; # ::� '� a, sY;s�a::;c tt 1,500 000 00) Maturi 12/03/2013 (1,500,000.00) (4 000,000 00) Maturity 12/17/2013 (4,000,000 .00)i0 (4,000,000 .00) Mat urity 11/08/2013 (4,000,000.00) 4,000, 01 °, ((4,000,000 00 Maturity 11/22/2013 (4,000,000.00) ►Mi1At # CS, +tq r x #N ti a t## is} (2 000,000 00) Mature 12/31/2013 (2,000,000 .00) (1,500,000 00) Mature 12/12/2013 (1,500,000 .00) (3,400,000 00) Matu rity 10/15/2013 (3,400,000.00) 3,000,000 00) Matu rity 10/09/2013 (3,000,000.00) (3,500,000.00) Matu rity 4,0001000. (2,000,000. 00) Matu rity 10/17/2013 (7 non non 00) 0 ,4.1w-- 10/02/2013 (3,500,000 00) 32 Page 16 of 30 STA MP P ortfolio Tran sacti on Report Quarter ended December 31, 2013 Senior Lien 0020 A2XM9 AT&T Inc . 347625 LC -Project Fund -2 Senior Lien 60920VZW5 Mo ndelez Intemational Inc 54 347625 LC -Project Fund -2 Senior Lien 91842LYC2 VW Credit, Inc 76--5 I tsr I t 373. 1347625 LC -Project Fu nd -2 Senior Lien 9497K2XA5 347625 LC -Project Fun(ir rtidr-Lien 5770 347625 LC -Project Fun d -2 Senior Lien 25490CX 36 347625 LC -Project Fund -2 Semot"Lien 744 ;47625 LC -Pro ject Fund -2 Senior Lien 60920VY63 347625 I.C-irroe t1?'tliii eizit�r_Lien 2774 347625 LC -Project Fu nd -2 Senior Lien 01854VXR2 347625 LC -Project Fiirid-2 Senior Lien 43 347625 1.0 -Project Fu nd -2 Sen ior Lien 44890MXA5 347625 LC -Project Fund -2 *tor Lien 1243. ;347625 LC -Project Fun d -2 Senior Lien 347625 IL-Projec Fund-2Se'lio rLien €347625 LC. Project Fund -2 Senior Lien 347625 L.C-Project PCM 2 Senior Lien 1347625 1 C -Pro ject Fun d -2 Senior Lien 78355AZH0 Ryder System, In c. 347625 1.0 -Pro ject Fund -2 Senior Lien 44$ :347625 1 ('-Proie ci Fund -2 Senior Lien Chemical C 347625 LC -Pro ject Fund -2 Senior lien 317625 LC -Project Fun d -2 Senior Lien 347625 LC -Project Fund -2 Senior Lien 347625 LC -Project Fund -2 Senior Lien 347625 1.0 -Project Fund -2 Seniot1,ien ;347625 LC -Project Fund -2 Senior Lien 347625 LC -Project Fund -2 Senior en 347625 LC Projec t Fund -2 Senior Lien -47625 1. 0 -Projec t Fund -2 Senior Lien .347625 LC -Pro ject Fund -2 Senior Lien 347625 LC -Pro ject Fund -2 Senior Lien 317625 LC -Project Fun d -2 Senior Lien 347025 1.0 -Project Fund -2 Senior Lien 347625 Project Fund 2 Senio r Lien 347625 LC -Project Fund -2 Senior Lien 347625 I.C-Project Fund -2 Senio r Lien 347025 1.t' -Project Fund -2 Senior Lien 12 3.1762_5 I C' -Project Fund -2 Senio r Lien 2524H4Y S3 347625 LC -Project Fund -2 Senior Lien 37;1 347625 LC -Project Fund -2 Senior Lien 13638WZA3 347625 1-5. 1'ro_ject Fund= Senior Lien 74433G .. P '347625 LC-Pro 'ect Fund -2 Senior Lien 19122WYJ5 Coca-Cola 3.A7625 LCD and -2 Senior Lien 0020 347625 LC -P and -2 Senior Lien 38141GD Q4 GO LD MAN SACH S GROUP INC WellPoi nt , Inc DIRECTV Holdi n_s LLC Mondelez I nternatio nal Inc AllianceBernstei n L.P Hyundai Ca 'tat Americ a 00287BX G9 A bbVie Inc. 1541' 6362P2YF7 191. National Grid U SA Serv ice Com 277431)(24Eastman emrca Com 49 ifez: o _ 0if'n a 01854VXQ4 A llian ceBemstein L. P. 2574P0Y16 Domin ion Resources, In c. 61 .M Ondel 17181AY14 CIGNA Corporation 92344LY E9 V erizon Communications Inc. mow^ . r; w,""":i. .. 4 • 3 05634BZ43 Bacardi U. S. A. , In c. 7` . ,Cry .. ". 1JI Rabobank.USA Fin ,. c 20911LX20 Consolidated Edison '- CBB tatparatio' Diageo Ca al PLC Canadian Natural Resources Limited Refreshments USA, Inc. (3,400,000 .00) Ma (2,000,000.00) Maturi (4,000,000.00) Mat uri (3,000,000.00) Mat urity 10/21/2013 (3,400,000 .00) 12/30/2013 11/12/2013 10/10/2013 (3,000,000 .00) Mat urity 10/03/2013 (4,000,000.00) Mat urity 11/06/2013 �i�tli+l4l4 �?� i (1,700,000 .00) Mat urity 10/25/2013 (1,700,000 .00) (3,500,000 .00) Maturity . 10/10/2013 (3,500,000.00) (2,000,000.00) Maturi 10/16/2013 (2,000,000.00) 2,600,000.00) Maturi 11/15/2013 (2,600,000.00) 000,000.00) (4,000,000.00) Ma 3,500,000 .00) Ma 1,125,000 .00 4,000,! r 4;0.0 Metuui . 4,000,000.00 Maturi 4,000,000.00 Maturi 4, 000,000.00 4,000 000.00) Maturi (4,000,000.00) Matfluity (4,000,000. 00) Maturi (6,674, 000.00) Maturity 12/17 013 (2,000,000 .00) (4 ,000,000.00) (3,000,000.00) (3,000,000.00) 4,000,000 .00) (4 10/02/2013 (3,500,000.00) 10/24/2013 (1,125,000 .00) 11/15 /2013 (1,740 ,000.00) 10/1602813.- ,+.4!,000.00) 11 /01/2013 ' 4,000,000 .00) =4+ 11/01/2013 4,000,000 .00) 11/14✓2013 4,000 ,000.00 12A14/2083 4,000,00;0.00 4:/02/2013 (4,000,000 .00 11/26/2013 (4,000,000 .00) 12/10/2013 (4,000,000 .00) 11/18/2013 (4,000 000 00) 10/15/2013 (6,674,000.00) 33 Page 17 of 3 1347625 (347625 347625 ;347625 347625 347625 347625 347625 347625 1347625 347625 347625 1. C' -Project Fund -12 Senior Lien 2e 347625 LC -Projec t Fund -2 Seni or Lien 74433GXV3 ;347625 3471;25 '347625 347625 347625 ;47620 `347625 347625 134762.5 1347625 1347625 3476_25 1347625 347625 347625 762; 347625 1C -Project Fund -2 Senior Lien 617470715 MO RGAN STA NLEY LIQ PRIME - .31 -Project Fund -2 Senior 1ien i 0 17.7(75 MORj LC -Project Fund -2 Senior Lien , 61747C715 MORGAN STA NLEY LIQ PR IME -IN 1 (. '-Project Fund ' Senor Lien' ') 61747(11'ii 7 M( RO LC -Project Fund -2 Senior Lien 617470715 MORGAN STAN LEY LIQ PR IME - LC -Protect C -Project Fund -2 Senio r Hen y 6 LC -Project Fund -2 Senior Lien 617470715 MOR GA N STAN LEY LIQ PRIME -04 LC -Project Fund -2 Senior Lien i> 347625 LC -Project Fund -2 Senio r Lien 61747C715 ORGAN STAN LEY LIQ PRIME -IN :17625 112 -Pr oject Fund -2 Senior Lien 347625 LC -Project Fund -2 Sen io r Lien 4(7 -Project (ect Fund -2 Senio r Lien LC -Project Fund -2 Senior Lien LC -Pro ject Fund -2 Sen LC -Project Fu nd -2 Senio r LC -Project Fund -2 Sea LC -Project Fu nd -2 Senior -Li LC -Project Fund -2 Sen LC -Project Fund -2 Senio LC -Project Fund -2 Senio LC -Project Fun d -2 Senior LC -Proje ct Fund -2 Senior Lien • STA MP P ortfoli o Transaction Rep ort Quarter ended December 31, 2013 1.0 -Project Fun d -2 Senior Lien 36162D A135 GEEST 2011-2 A A2 LC -Project Fund' 6. . u lien 6547>HAE1'' AMU' 2011=A A4 LC -Project Fu nd -2 Senior Lien 654751)A NALT 2011- A A4 132 -Pro ject Fund Senior Lien 65475)1r\131 3 NALT 2011-A A43 LC -Project Fund -2 Senior Lien 65475UAB8 NAROT 2012- 4 A2 • LC -Project Fund -2 Senior Licn 6547* NAROT 2012-A- LC -Project Fund -2 Senior Licn 16157187.1 CHAIT2011-A3A3 1 C-1 ro ject Fund -2 Senior lien 1615711 SCI IAIT 2011 137 -Pro ject Fund -2 Sen ior Lien 89236PAB9 TAOT 2012- A A2 2 -Pro ject Fund -2_ Senior Lien 89236PAI34 TA I31 -Project Fund -2 Senior Lien 65475NAD0 LC -Project Fund -2 Senior lien 654 LC-Project Fun d -2 Sen ior Lier. 65475NAD0 LC -Project Fund -2 :Senior Lien 77476 2 5 347625 1347625 ,47625 347625 1347625 '37446257 1. C-ProjectFund 2 Senioriiien Y 61747(2715 LC -Project Fund -2 Senior Lien 61747C715 1.0 -Project Fund -2 Senior Lien 617.170715 Subtotal - 347625 61747C715 el 6I747C715 747C715 61747C715 *et Fund -2 Senior I, i MORGA N STAN LEY OzwA MORGAN ST ORGA N ST LIQ PRIME -IN 11-67' YA 33,098.81 Pri nei al Pa 455,000.. ,340.28 Princi . . Pa ,367 .40 ,190 .97) (2,551,249 .09) 11 2,749 50 73,492 .65 S ell ,999,700.00 Sell 4,998 ,432. 8,755 .56 Sell • 0"0 ) (0 00)' ' (1),00) 04/17/2017 289,979.79) (150.21)) own 10/15/2014 (4 4 ). (33,094.29) (4.52); (01)1)) 12/15/2015 (485,000.00) 10115/2014 (27,336.16) wn 02/16/2015 (60,347.11) 1 12/31/2013 2/31/2013 0.00 0.00 (4 126 (0 11)) (20 29T (32 35) (49 63);) 1101) (2,550 ,952.43) (296.66);`- (73,492.65) (3,999,700 .00) 12/31 /2013 (4,998,472.21) 12/31/2013 (1,998,755 .56) 49,937:00 Sell 12/31/2013 6,524,910.28 Sell 12/31/2013 a a. 574,994. 34 Sell 12/31/2013 830.12) Sell , 12/31/20I3 (130,759,388.8 (349,937.00) 6,524,910.28) (574,994.34) 3,282,830.12 12/31/2013 ° 7,998,956.67) 12/31/2013 (1,998,321.12) (130,759,388.83) Page 18 of 30 34 2sp!! rce Account, ; . :;Account '347628 347628 347628 '347628 347i 347628 *471_ 347628 347628 :347678 347628 347628 347628 347628 347678 347628 347628 347628 347628 347628 347628 347628 347628 347628 347628 `347625 347628 347628 47628 -1768 347628 347628 347h28 1347628 347628 34762$ 34762_8 347628 ;472_8 3-17628 347628 1347628 &34702$ .347628 347628 34762S 347628 ;CC -11 ax Revenue Bond 20911M 1347628 .. P=2 Sales'lax R LC-PF-2 Sales 'Fax Revenue Bond 23337SY81 LC -6F-2 Sales '1ax Revenue 81311+17SLL, LC -61 -2 Sales 'Tax Revenue Bond 25490CYK7 1C -6F 2 Sales 1 ax -Revenue Bond 74433GY1?j LC- PP -2 Sales Tax Revenue Bond 78573F AH2 1 -C -1'F-2 _ Sales fax Rev enue Bond 0020.2Y LC-PF-2 Sales Tax Rev enue Bond 78573EYN6 1 C -PI 2 Sales Fax Revenue Bond - 26244J LC-PF-2 Sales Tax Rev enue Bond 61747C715 I4 PF-2 Sales Tax- 1 c LC-PF-2 Sales Tax Rev enue Bon d 61747C715 1,C - FF 2_ So les T ' g tt ,1o1i1 ` 1X47 1. C-PF-2 Sales Tax R ev enue Bond 61747C715 IA2-66-2 Sales R elf' LC -13F-2 Sales Tax Rev enu e Bon d 61747C715 1 c-PF-2;-S' LC-PF-2 Sales Tax Rev enu e Bond 61747C715 LC-PF-2 Sales Tax Rev enu e Bon d 61747C715 nom.. 1 6 1F'-'2 Sales ii0'00rld 61747(7715 LC-PF-2 Sales Tax R evenu e Bond 20911 L7_36 STA MP P ortfolio Transacti on R eport Quarter ended December 31, 2013 DTE Gas Company DIRECTV Holdings LLC Sabmiller Holdi ngs Inc . Sabmiller Holdi ngs Inc. MORGA N STANLEY LIQ PRIME -IN MORGA N STANLEY LIQ P RIME -IN MORGAN STANLEY LIQ PRIME -I N MORGAN STANLEY LIQ PRIME -IN 1 MORGAN STA NLEY LIQ PRIME -IN MOR GAN STA NLEY LIQ PRIME -IN M(3''a, Con solidated Ediso n Co mpany of New Y ork, 1'rans.Ycti' 'Y 4,699 ,060.00 Bu 3,998,805 .55 Bu 999 ,550 .00 Bu 5,998,399.98 Bu 5,337.40 B 10,158,467.19 B 11,000,000.00 Bu 44,309.38 B 2,385,261.78 :^ 2,349.99 PF-2 Sale 747(7715 LC-PF-2 Sales Tax R evenu e Bond 61747C715 144 Sales Tax Revenue Bond 617470715 .C-1111-2 Sales Fa x Revenue Bond 0174767713 1 C -1'F-2 Sa les Tax Revenue Bo nd 617470715 LC-PF-2 Sales Ta x Revenue Bond o!747C715 LC-PF-2 Sales Tax Revenue Bon d 617470715 1. 0 -1'F-2 Sales Tax Revenue Bond 73754MA63 LC -1'F-2 Sales Tax Rev enue Bond 36159LBN5 1 t. -PF-^_ Sales "lax Revenue Bond 17181 BANG_ I.C-P17-2 Sales Tax Revenue Bond 60920V ZW5 LC -66-2 Sales Tax Revenue Bond 065 Y8CA76` s,, t LC-PF-2 Sales Tax Revenue Bond 64468EAY6 s Tax Revenue Bond 27743KA34 MO RGAN STA NLEY LIQ PRIME -IN MO `GAll MO RGAN STANLEY LIQ PRIME -IN MURG,rAN i MOR GAN STAN LEY LIQ PRIME - MO MORG AN ST MORE -y MORGAN ST - EY LI • PR Bv1E-IN MO MORGAN STAN LEY LI MORGA N STANLEY LI MO1 ( MORGA N STANLEY 11 MO RGAN MORGAN ST task Corpt GED FT 2011-1 A Mondelez International The NH ST BUS FIN-TXB-A *tat d d PRIME -IN PRIME -IN PRIME IN Eastma n Chemical Company 725:00 251.59 5,002,349 0,143,497 .28 B 000 .00 B 12� =82717:50 142,108.62 4. 135,221.48 516 ' 5,999,400.00 91 7' 4,190 000.00 Bu 11/08/2013 11/19/2013 1/1121 01/17/2014 11/22/2013 12/31/2013 12/31/2013 12/31/2013 12/31/2013 12/31/2013 12/31/2013 12/03/2013 31/2013 12/31/2013 I2/31/2013 12131/2013 12131/2013 12/31 013 12/31/2013 12/31/2013 07/20/2016 12/30/201 1/01/2020 8,198,480.70 Bu y 01/03/2014 4,699,060.00 3,998,805.55 1,999,550.00 5,998,399 .98 5,337 .40 10,158,467 .19 aeo '�e�1lb 11,000,000.00 44,309.38 2,385,261 .78 2,349.99 4,999,725 .00 251 .59 5 002 349 .99 :451,: air 14,072.85 10,143,497 .28 300 ,000 .00 128,499 32 41.sl5 82,717 .50 142,108 .62 360,474 .99 ft78.02' 135,221 .48 909,'1666' 5,999,400 00 `699 .9 7.75: 4,190,000 .00 499.962 . p 8,198,480 .70 35 Page 19 of 30 347628 LC-PF-2 Sales Tax Reven ue B ond 55314QAC1 LC-PF-2 Sa les Tax Revenue LC-PF-2 Sales Tax Rev enue Bond LC-PF-2 Sales Tax Revenue Bon d LC-PF-2 Sales Tax Revenu e Bond nd LC-PF-2 Sales Tax Reven ue Bond LC-PF-2 Sales Tax Revenu e Bond LC-PF-2 Sales Tax Revenue LC-PF-2 Sales Tax Revenue B ond 2524H4YS3 4335P2ZJ6 161571EZ3 60920VZ39 1248C2Z90 65475LZ21 Bond 1248C2Y18 Bond 2003A3AH 7 C=Pit t aalesgT x itt en ue$ ltd 1248C2k76 LC-PF-2 Sales Tax Revenu e Bond 23337SY81 8i1 37790,1148. 347628 LC-PF-2 Sales Tax Revenue Bond 0020A 2YC0 nu i i d - 654 347628 LC-PF-2 Sales Tax Revenue Bon d 25490CYIr;'i iP ven Rev enu e d 428.8:♦ Bond 60920VZW5 Tax Revenue Bond ;347628 LC-PF-2 Sales Tax Reve nue Bond 347628<<" Pas. Revenue Bond 347628 LC-PF 2 Sales Tax Revenue Bo nd 1347628 LC -Pi 2 Sales Fax Revenue Bond 347628 347628 347628 347628 347628 347628 347628 347628 347628 347628 LC-PF-2 Sales Tax Revenue Bon d 41805B ,618 .L1 347628 LC-PF-2 Sales Tax Revenue Bond 2091 347628 LC-PF-2 Sales Tax Revenu e Bond 27805 Bond Rev enue 347628 LC-PF-2 Sales Tax Rev B d 1.0 -F 347628 LC-PF-2 Sales Tax Rev 28 L 4 esTax R ven ue Bond 347628 LC-PF-2 Sales Tax Rev enue Bond 60920V Y63 347628 P es'Fax Re venue Bond_ 448 LC-PF-2 Sales Tax Revenue Bond 65475LZ21 ,347628 i * F 2lee�s'lax Revenue Bond 7 3.47628 LC-PF-2 Sales Tax Revenue Bond 49455AZ56 347628 LC; t e 4335152116 „1 17181AY14� 609206,!,9 60920VZ39 1218C'� R • STAMP P ortf olio Tran saction Rep ort Quarter ended December 31, 2013 MMAF 2012 -A A A3 Dia:eo C apital PLC Hitachi America Ca CHAIT 2011-A3A3 Mondelez I ntemati onal Inc CBS Co .oration Nissan Motor Acce.tance Co CBS Corporation Co mcast Corporation Kinder CIGNA C Mondelez In tern ational Inc P. ,524.38 Buy 5 00 13;u 693.32 Buy 995,239.96 B uy 0.00 1,215,047.45 B uy 00 I3uy', 281 .93 Buy X3.33 s" 241.67 Buy .59i"Buy 050.00 B uy ,958.33 B uy 999,138 .88 Buy ' , r9 Q8 Buv 284,068,305 .43 ,700,000 .00) Mat urity 500,000.00) Maturity (4,000,000.00) Maturity (300 000 00) Maturity (5,000,000 .00) Maturity (10,000,000 .00) Maturity (5,000,000.00) Ma (6,000,000.00) Ma (5,500,000.00) Ma (2,000, 000.00) Ma .090.00) (2,000,000.00) Maturit a80Q 040. 00) 1 (4,700,000 00) Matu rity 5�00i10(,00) 08/10/2016 11/26/2013 i € 12/18/2013 12/15/2015 12/03/2013 20 12/09/2013 ;d20 k: 12/02/2013 11/01/2013 01/17/2014 1 • 56,524.3$ 8,693.32 ,998,239.96 1,215,047.45 4 699,281.93 9 998,050.00 5 998,958.33 3 ` `9,138 .88 284,068,305.43 (4,700,000 .00) 1,500,000 .00) �t 00 (4,000,000 .00) 1 011 911 0 13 (300,000 .00 58g,,�000,000.00 '4 r tatpt?'. 1til1Si20t3 10,000,000.00 t i0yt 't ens; 1011 f"'13 5 ,000000 .00 13 6,000,000.00 5,500,000.00 'ttt i' 10,000,000.00 13 (2,000,000.00) ,000,,000 11/0111013 ,000,000.00 0,000 t. (4,700,000.00) 03}0000.(1 36 Page 20 of 30 Riverside County Transportation Co mmission STAMP P ortf oli o Transaction Rep ort Quarter ended December 31, 2013 347628 LC-PF-2 Sales Tax Revenue Bo nd 37790 AYM9 Glencore Fundi ng LLC 34765 LC: :347628 LC-PF-2 Sales 347628 L(_ 347628 ;347628 3476+ 347628 34765`; 347628 347628 317628 3471;28 X347628 347628 347628 347628 347628 347"28 !347628 347628 !3476-)8 347628 347628 47628 347628 347628 31 628 3471-28 347628 34768 347628 347628. X47628 Revenu e Bond 2524H4YS3 Di ageo Capital PLC LC-PF-2 Sales Tax Revenue Bond 47787RAB6 J DOT 2012-B A2 1�. ... LC-PF-2 Sales Tax Revenu e Bond 43814AAC7 H AR OT 2011-2 A3 IC LC-PF-2 Sales Tax Revenue Bond 3133XCQE6 LC -P 1 C-PF-2 Sales Tax R ev enu e Bond LC-PF-2 1 C PF-2 Sa les Tax Reven ue .C411 A LC-PF-2 Sales Tax Revenu e Bond MMAF 20 i C PF 1 x R'.venit d 553 . ,,sA Ai' LC PF 2 Sales Tax Revenue Bond 43814AAC7 HARC 1.C-14F72:$' x Revenue'13 d 31194 M1T4 FHR 29 C-PF-2 Sales Tax Revenue Bon d 31395Ml 14 FHR 2930 1.C-PF-2S 1 ' Reven(1eBunn 3149$M LT4 FHR 29 LC-PF-2 Sales Tax Revenue Bond 43813XAB0 HAROT - 201 1 1 1 2= e Rev enue Bond 4381 AABrr LIAR I C-11-1-2 Sales Tax Reven e Bond '1381 >XA BO HA ROT 2012-, T ax 1 .. :. Bond .ii81 / \i7 HAROT LC-PF-2 Sa les Tux Re�. enue 13on d 4381>TAD5 HA ROT_2 t' -1F Sales'la.x Revenue Bond 438131,\l)S HAR-: P4 c7' 1':,r R� �rnn o 12on i1 161'71 E73 CHAIT 2011 _' I { P1 - Sales "Lax Revenue 13ond 31 3115 3 5 72 Fi IR1 LC -P1-2 Sale, Tax Revenue Bond 36162RAB4 GEE 1 C-PF-2 Sales :tax Revenue Bond 31395. 1S72 FIR!!!1 C -PP -2 Sales Tax Revenue Bond 3616213A134 OGEE I.C-PF-2 Sales Tax Re venue Bond 313953S72 III LC -PP -_2 Sales Tax Rcvcnue Bond ,6162_1:A134 G EEST 2012-1A A2 65475UA B8 Bond 65475UA B8 53. 55314MAC0 3476'_8 LC -11-2 Sa les Tax Rev enue Bond 617470715 347628 LC-PF-2 Sales Tax Revenue 13ond 61747C715. 7151 1,C-11-2• 347628 C-11-2 Sales Tax Revenue Bond 617470715 347628 1 C -13F-2 Sales Tax Revenue Bond 617470.- 3 176'_8 LC -1'1,-2 Sales Ta x Rcvcnue Bond 61747C715 1 347628 C-PF-2 Sales 'Fax Revenue Bond 61747071 347628 LC-PF-2_ - Sal. Tax Revenu e Bond 61747C715 347628 G PF-2 Sales Fax Revenue Bo nd 61747071 :347628 1 C PF- ales Tax Revenue Bo nd 61747C715 347628 Tax Rev enue Bond 617470715 FHLB SD -2015 1 N AROT 211.12-A A2 1ax.� BSt N AROT 2012-A A2 011-1 A4. ST 2012-1A A2 ST 2012-1A A2 MORGAN M�! MO Page 21 of 30 "< 1:1'1/1*2 MO RGAN STANLEY' MORGA N ST . ': ) 'i r'•. . . MORGAN STANLEY U. PRIME -IN OT 2011-2 A3 (3,000,000 .00) Mat urity (4,000,000.00) Maturity (182,800,000.00) /21/2013 (3,000,000 .00) 11/26/2013 (4,000,000.00) (182,800,000 .00) Base Nei Total Realized Gain ,' .97)1 inci.al-Paydow n 02/17/2015 (18,191 .66) 3.69 12,302 52) Principal Paydow n 03/1812015 (12,293.80) (8 .72) (6,563 84) Pri ncipal Paydown 07/28/20i5 (6,243.03) (320.81) 154,256 .04 Principal Pavdowd 10/15/2014 (154,240 .38) (15 ,66) v $54 .60) Pri ncipal Paydown 10/15/2014 (82,854.60) (0 00) 486,360.23) Pri ncipal Paydown 09/15/2015 (485 528.42) (831 81) (19 4 rl 7r 3 = ) (14 009 .57) Principal Paydown 03/18/2015 (13,995 .98) (13.59) (42 219 .58) Principal • -.---, 06/15/2019 (41,687 .89) (531.69) i-3 A2 (217,202 1211512014 (217,202.24) 0 .00 193 39-1 .11) Pond.. 12/15/2014 (198,791.11 (0 .00) (26 03'8 Princi , - P 04/17/2017 25,918 .54 (120.12) 1 15 000.01 Princi P 12/15/2015 1 ,215,000 .00 (0.01) 14:x) (137 113.38' Puna Pa dow n 11/2112014 (137,657.4 (55.91) 9142) $4.138.5 Pri nei•„, wn 11/21/2014 - (114 ,076 .15 (62.42) 8'35) (138,06�6.57XPrateapa*Paydow n 11/21/2014 (13$ ,029.46) (37.11) (1 ,9,98,177:7. Sell 499,583.33 Sell 2/31/2013' ",856.50) 12/31/2013 - (13,998,177.76) .:N 12/31/2013 (16,452,308.31) 12/31/2013 (499,583.33) 37 • • STA MP P ortfoli o Tran sacti on Rep ort Quarter ended December 31, 2013 347628 LC-PF-2 Sales Tax Reven ue Bond • 61747C715 MORG AN STANLEY LIQ PRIME -IN li PF 2 Sales 1a i riue 3otttl` "6 t .::; b g , a " m.' Q P, asst: • 347628 LC PI 2 Sales Tax Revenue Bond 61747C715 MORGAN STANLEY LIQ PRIME -IN 2 SalearaMVepfi Btits0 6) + 347628 LC-PF-2 Sales Tax Rev enue Bond 61747C715 MORG AN STANLEYLIS PRIME- ,,i.--P1_-2 Sales Ths Revensi pond' 61; , 4 Subtafal -347628 I. C-PF-2 Sales 20 101001 205091001 205091011 20509)001 20501001 X205091001 295091001 205091001 :205091001 ax Revenue Bond LC -201 3 A Capitalized Inter, j„:'.31 ;q 'l11tV :li . LC -2013 A Capitalized Interest 31402RBG3 FN 735439 LC -2013 A Capita lized In terest 912828PE4 US TREASURY N/8 I, C-2013 A Capitalize d Interest 9AMMFO5B2 U.S. Bank M on Market Aeoonet Fund LC -2013 A Capitalized Interest 9AMMFO5B2 U.S. Bank Mo ialarlret Act Fmd LC -201 1205091001 LC -2013 1205091001 LC -2 ,205091001 LC -2013 1205091001 1 C-� ;205091001 LC -2013 A Capitalized Interes 205091001 LC -20T sized In !_205091001 LC -2013 A Capitalized In teres 20509100) LC -24:111- lized 205091001 LC -2013 A Capitalized Interest 205991001 10LC-2Ctaiized 205091001 LC -2013 A Capitalized In teres _'05091001 LC -20 " i8 ltzed :205091001 205091001 205091001 _'05091001 1205091001 205091001 205091001 .205091001 X205091001 :205091901 1_205(0 (51! 1205091001 7;1.2050910)11 205091001 205091(101 1205091001 A Capitalized Interest 9AMMFO5B2 U.S. Ban k Mo Metdret 1t4 xsapt Fiend A Capitalized In terest 9A MMFO5B2 U. S. Bank Mo Menus Amt Fund 9AMMFO5B2 U.S. Bank Mon M et Atcotmt Fund 9AMMFO5B2 U S B an k Mo Ie%itet A0e6ttelt Fnid 9AMMFO5B2 U S Ba nk Mo n Mttrkaet A Ftpid 9A MMFO5B2 U.S. Bank Mon ey Market Acco unt Fend LC -2013 A Capitalized Interest 9AMMFO5B2 U.S. Bank Money Market ActAtiaet F LC -20 �Qr t tzcd lnf' i LC -2013 A Ca italized Interest 9AMMFO5B2U S. Bank Mone Matl6et Amma n F A` itp 1,(-201 i1&ized Int resi LC -2013 A Capitalized Interest 9AMMFO5B2 U.S. Bank Money MatlutAoeaxdi� LC-200. %ltzed Interest': . ,: g ," a � >3 •t�� �) - 1,C-2013 A Capitalized Interest 3133X HW57 FED ER AL HOME LO AN BA NX LC -2(1 if ii zed Interest'' a 1 y7'l, say rlr t 4, LC -2013 A Capitalized Interest 313397QC8 FREDDIE MAC D ISCOUNT LC -2_013 A Capitalized Interest Y LC -2013 A Capitalized interest 8911(1)1:YS tom. ; y • n, 1 � LC -2013 A Capita lized Interest 12800AYJ7 Caisse des De.o ts et Cons nation s LC -2013 A *bed -,ingest '.: x.74977 a, LC -2013 A Ca rta ltzed In terest 3133XIIW57 FEDERAL H OME LOAN BAN K !. C"-201 td'fltiert 744330' LC -2013 A Capitalized In terest 74255U YF1 Principal Life Insu rance Compan y 38 1,215,146.67 Sell (787,353 .33 So11 (4,189,991.49) Sell 12/31/2013 12/31/2013 12/31/2013 215,146.67) 4974:1.65) (787,353.33) (4,189,991.49) (93,890,099.59) (93,890,099.59) 50,973.59 Bu 09/01/2019 50,973.59 wi.902r'`S 1,931,542.97 B uy 10/31/2015 1,931,542.97 3,447.89 Bu 12(31/2013 3,447 .89 +"et►tt Ot t;; . a()... ,' 4> t:i t(j t(t 7,727.31 Buy 12131/2013 7,727.31 37 656.25 B 2731/2013 37,656.25 2,750,509 .33 B uy 12/31/2013 2,750,509.33 8 .79 Bu 11131/3013 .8 .79 6,049,914.11 B 131/2013 6,049,914.11 1000,000 00 B uy 12/31/2013 1 000,000 .00 3,023 840 .07 Bu • 12/31/2013 3,023,840 .07 5,872 .50 Bu 12/31/2013 5,872 .50 386,584.31 : 12/31/2013 386,584.31 1,439,246.88 12/31/2013 1,439,246.88 1,408,936. 81 Bu 12/13/2013 1 ,408,936.81 1,249,975. 70 , .05/2013 1,249,975 .70 42,523,575. 33 42,523,575.33 (3,000,000. 00) Matu rity 11/18/2013 (1 405,000.00) Matu rity 12/13/2013 (4,500,000. 00) Maturity 11/15/2013 (3,000,000.00) (1,405,000.00) (4,500,000.00) Page 22 of 30 36290WH47 312 31402RB G3 FN 735439 314e�1T4.,; •g 31401MWC1 FN 712643 314 31401MWC1 FN712643 311 3128H4NR6 FG E96700 313 4Nt) 31393V 21 11 7 FH R 2627 GY 31393V21'7 31393V2T7 FHR 2627 GY 313 _ ,9 3136A4M89 STA MP Portfolio Transacti on Rep ort Quarter ended December 31, 2013 italized In terest 31392F6C6 FNR 2002-77 CB 410GSQ7 FN 888927 ! FNR 2002-74 PE FG Z50010 GN 619551 rside CounfyTr ortalio Commission 205091001 LC -2013 50910)1 1.C-2 12050911 001 LC -2013 5091001 0C 12005091001 0C-2013 A CapitalizedaInterest 3 12_5011001 LC-� 1205091001 LC -2013 A Capitalized In terest 31410GSQ7 FN 888927 _0:091010. I,C-2013ACa; > 1 205091001 0C-2013 A Capitalized Interes 205091001 1 C-ct?. a:)r r a S'4 205091001 LC -2013 A Capitalized Interest 205091001 1.0 -20131,E apitalized ln(Jv 205091001 LC -2013 A Capitalized Interest 205091001 1 C -20137x§ apitalizc d In `205091001 LC -20I 3 A Capitalized Interest 36290WH 47 GN 619551 '0504100 0 11 :i Capitalized Interest 36290 ,205091001 (0-2013 A Capitalized Interest, 31392HWL3 FNR 2003-3 BC '05091001 LC -2013 A Capitalized interest 3128PR 2 05091001 1. C-2013 A Capitalized In terest 31392HWL3 205091001 LC -2013 A Capitalized Inter est 31392 205091001 1.C-2013 A Capitalized in terest, 31410GSQ7 FN 888927 05051001 0C-2013 A Capitalized Interest �e. . _205091001 LC -2013 1 Capitalized In teres t 2;)5091001 1.0-2013 A Capitalised Interest 2(!5091001 t,(' _' 013 .1('-�pitalir' d Interest 205091001 (.201 3 1 Capitalized Inte rest ,205091001 I C-2013 A Capitalize d In te rest 2n 5)0)1t1t11 1 C-2(tl3 '1 (lnita lvui interest 2050010011,C-2013 A Capitalize d Inte rest 205091001 LC -201 3 . '1 Capitalized (m eres t 120509 1001 1,0-2013 A Capita lized Interest 205091001 40 -2013 A Capitalized Interest 205091001 LC2013 A Capitalized Interest 2 05091001 I.C-2013 A Capitalized Interest 1,205091001 LC -2013 A Capita lized Interest 205091 )01 L0-2013 A Capitalized Interest i 205091001.1/-2013 A Capitalized lnterest 3128GNR59 FG E85908_, - (21,981,99) Principal Paydown 205091001 1.0 2013 A Ca,malized interest 31 1" ) p, ii„ IG _ = 6t ) Principal P`tydovv )5 091001 LC 2013 A C 191tadi/ cid Interest 36200AFG9 GN 595167: r•- - 11 51 0134) Prin cipal Paydown a 2) Prin cipal Payd ' 205091001 LC -2_013 A Capitalized Interest 36200AFG9 GN 595167 " " (5 105.69) Principal Paydown 205091001 LC -2013 A Capitalized Interest 31 tr( ,a > IV 20631. 97) Pn nctpal Pa 205091001 1 C-2013 A Capitalized Inrsc t 36200A FG9 GN 595167 (2,992.03) Principal Paydown 205(191001 1 0 21113 A Capitalized interest 3(¢ FN7 507 24 587.49 Principal P4. 2 05091001 1 C 20 Capitalized Interest 31392BVM5 FNR 2002-3 PG (10,833.93) Prin cipal Paydown 205091001 00-2 `apitalizcd Interest 31294LPZ0 50 1702-; e:.9) pgY (12,767.68 A Capitalized Interest 31392F6C6 F NR 2002-77 CB cipal Paydow n Pri ncipal Pa dow n (15,600 .94) Pri ncipal Paydow n . 1: /01/2017 648 45) Pri ncip al Paydown (18,198 .32) Principal Paydown (16,549 .39) Principal Paydown 1/2017 5/2017 *,r e 1/2017 (25,647 .20) (24,322.23) •;348,5°1') (14,553 .87) (12,748 .37) (17,194 .70) 4'724 (1,504 .98) 01,12) (1,450 .17) (1,058.2j)- (1,047.07) (1,013.9S)` (900.08) -(448 63) . (1,003 .62) )' 5,631 .40) (917.99) (14,80IE5St 09/15/2018 (69,093 43) (19 277195) (4,478.74) (74,176.92) Principal Paydown 09/15/2018 (69,789.84) (4,387.08) 67,826.18) Principal Paydoa 1 18 ; . (.63 ,755.71) _. . '7,4515' 047 .4!)-.4657.)) (2,892.46) Principal Paydown 02/25/2018 (2,747.81) (6,433 .57) Principal Paydown e t . 6.118.34) (315 23) (3,966.81) Pri ncipal Paydown 02/25/2018 (3,765.16) (201.65) (1„38937) Principal Pavdo s •. e4(W. (3214;13) )75Od) ) Principal Paydown 12/01/2017 (11,940.80) (826.88) (_'8,223.88) Principal6,331;80) :11821,76) '108) (28,738.291 Pri ncipal , v' wn 09/01/2019 (26,856 .53) O (27 ,814.86) Principal Paydov (52,908 .46) Principal Paydown 26,576.89) Principal Paydow (26,147.56) Principal Paydow n 3,753.851 Principal Paydo (9,465.89) Principal Paydown 5,417 .18) Principal Pavdo wg, 353.4 (56 006 .15) Pr incip al Paydow n 007 .47) 7,430.3'71 Principal 'a dov' 471 .3A (54,417.39) Principal Paydown 879 .03) 4,470. 55) Principal ('a (25,9 (4,112.34) Principal P aydtlW rt (24.31) Principal Pa „ :;: (226 7 (1,182 11) (1,112 266a (675.09) (1,16+822` (304 70) (1,478 27) (181.60) 11.81'1 (523.91) (77 i9' 9 • .:1120)9 }('6 ,027.631 1 06/01/2018 (49,840 .69) 25 ,014 89) 06/01/2018 (24,590 36) (a,447.28)�- f 05/01/2018 (8,953 02) el ( (6063.7S)'4 i»- 06/15/2018 (52,998 68) (3, (44958.99) 06/15/2018 (51,538.36) (2, (-1444 60) _ {11t25/2019 (4,088.03) (`1413.76) 01/206 1(20,799.88) V1111� (20,673 .- iT715/2017 (10,835 .25) 161 : (4,800.99) ?3 2,810 .43) 076. 10,310.02) 11/15/2017 10/01/2019 11/15/2017 10012019 02/25/2017 7872_ (3,067 77) (1,562 00) (1,55720) 306.5 (512 87) 39 Page 23 of 30 205091001 20[3691601 1205691001 203091001 205091001 205(101313 l /205091001 ^05091001 205091001 205091091 205091001 205091001 '205091001 205091001 '205091001 205091001 1205091001 205091001 [205091001 1205091001 1205091001 1205091001 1205091001 L. 1205091001 • STAMP Portfolio Transaction Rep ort Quarter ended December 31, 2013 1.C-2013 A Capitalized Interest 31 102QT68 FN 735073 C-2013 A Ca rest 31399r[,,JU15 FNR 2002e LC -2013 A Capitalized Interest 31392B VM5 FNR 2002-3 PG LC -2113 A Ca ;.,Interest 313- I.C-20 13 1 Capitalized Interest 31393EXC8 FNR 2003-88 TH I.C-2013 ,A Capitah llnterest 313 LC -2 013 A Capitalized Interest 3136A8G38 1 C-2013 A Capital! - t?Tnterest 3136A8G' LC 2 013 A Capitalized Interest 3136A8G38 1E-2013 A Capitalized Interest 31294LP/0 LC -2013 A Capitalized Interest 312940P/0 LC 2013 A Capitalized interest 3128MBT110 LC -2013 A Capitalized Interest 3128M01 1 HO LC -2013 A Capitaliz ed interest `s' )136ACGF2 LC -2013 A Capitalized In terest 3128MBTHO LC -201., A Capitalized Jn terest. t280GL LC -2013 A Capitalized Interest 3128PGLY7 I.9-211.3 A Capitalized Interest 1;28PGLY7 w 1 9-2013 A Capitalized In terest 31381QLL8 LC 2013 A Capitalized Interest I381Q1. 08 LC -2013 A Capitalized Interest 31381 QLLB 09.201.3 A Capitalized interest _ 3837699WZ9 LC -2013 A Capitalized Interest 38376919/9 LC -2013 A Capitalized Interest 383776(15919 FNR 2003-88 Descriptio n FNR 200 .33[TS ORIARAPi F NA 2012-M13 ASQ2 F NA 2012 f) SQ 2 FNA 2012-M13 ASQ2 FOaE02 2; _ FG E02240 FKTG18�1; FG G13052 RITA 2010 tir FG G13052 FJ0f.84.gym FG J04843 FG 5(5(45 FN 467531 EN 4675 FN 467531_ CrNR 20101 1'41 A GNR 2010-i41 A (3NR 2010-141 A 15091(501 I.C-2_013 A Capitaliz ed interest 31338500, 00D 110Mg 205091501 1E-2013 A Capitalized Interest 3I 3385QL3 FED HOME LN DISCOUNT NT 5091001 LC -201 3 A Capitalized Interest )AMMI'0502 U S Bark ,m 4' w tF'p 205091001 LC -2013 A Capitalized Interest 9AMMFO5B2 U.S. Bank Mon ey Market A ccount Fund 691001 13'3-2(113 .A Capitalized Interest '90114,05B2 CI` Bank nee.MarketA41140 Fund 205091 00 1 LC 2013 A Capitalized Interest 9AMMFO5B2 U.S. Bank Money Market A ccou nt Fund 91001 1,113-20, 13 1 5apnal(ze d Interest OAMMF05132 thy. Bank Money Market \ct fund 205091001 LC 2113 :\ Capitalized Interest 9A M1`1H15B2 U .S. Bank Money Market Account Fund "091001 LC -2013 A Capitalized Interest 313385938 FED HOM E LN DISCOUNT NT 205091001 LC2013 A Capitalized Inte rest 313397998 7 REDDIE MAC DISCO UNT NT 091001 09-2013 A Capitlized Interest 891160/22 Toronto Dominion 17o ld.ngs (U S.1. ). 5091001 1.. C. :2013- 1 Capitalized Interest !Grand Total 91 CIP Bonds (STAMP Portfolio) (66, 648, 770.21) 1•1 (1,567,693.05) 31arise! Value `transaction Type Final 1laturitc (22,672.56) Princi.al Paydown (12,386.47) Pri nci.al Pa dow n (25,349.89) Principal Pa down (2,277.62) Pri ncipal Pa down (2,574.47) Principal Pa dow n (12,647.91) Princi.al Pa down (8,202.39) Princi (7,219 .29) Princi.al Pa dow n � 6 (11,253 .28) Principal Paydow n (1 ,372 .52) Pri nci.al Pa dow n 1,381.97) Pri nci.al Paydow n (19,730 52) Principal Paydown cipal Paydown (1,399,961.91) Sell (2,499,650.00) Sell ;','„i1.1" (583,155 .38) Sell .. .Se11 (4,949,880.73) Sell (1,249,984.38) Sell '(4 000b) Sell (32,098,666.89) (7,547,784. 62) 10/01/2019 • Base I'rincip:d (20,997.50) 02/25/2017 (11,756.04) Rase Net Cotat Realized Gain (1,675.06) (630.43) 09/25/2018 08/25/2017 08/25/2017 12/01/2016 03/01/2019. 03/01/2019 05/01/2017 03/01/2016 03/01/2016 08/16/2031 12/13/2013 ttloa. 12/31/2013 tit 12/31/2013 12/31/2013 12/05/2013 (23,990.99) (2 ,309.28) (2,609 .50) (11,947 .05) (7,737 .94) (6,816.18) (10,705.71) (1,353.18) (1,363 .92) (19,726.64) (1,497,622.11) (1,399,962 67) e (2,499,650 .00) (583,155 .38) (4,949,880.73) (1,249,983.33) (32,098,680.74) (61,764,488 .49) (53,050.48) (12891;3) (1,358 .90) 11.54 31 .66 76.79 35.03 (700.86) (464 .45) (403.11) (547.57) (19 .34) (18.05) (3.89y8)) (70,070.94) (1 .48) (2.78) (3 .06) 40 Page 24 of 30 • • • Cted f.C fld AS S ( 41O%) - TefesommuMC adod s (A -U AW— ten...bate 14-168141 Chewdul e 14.eorgo Othe r {3:705 FNMA (1. 217%) FN LVIC [WO (I 7,1390 F1(NA CMO (L.95O%), -- MN PUNO (2. 762%) mu m (5.510%) -r .. • • • 53,009,990.00 t 90, 0917 O 00. 00 7909%00(1CN) ra 10 .{4X !. 000.00 .... 0. 00 AA A • ATTAC HMENT 6 STA MP P ortfolio Toll Revenue Project Senior Lien Fund for quarter ended December 31, 2013 A-1♦ A, Cas h t 0. 00031.) wy Na rks ! Fu nds (15860%) -� F it w ta co.* (9a 5➢199 sum :Air : Rnra1 it, AA *,. 6urt, r V Auta .w Ar t, .M: • aft(M' (V 456%) ttealthca rr-Stervismo (6.99 696) Mwi1 a t9.7SOK1 eargi c ti7:a1M41 ceew 633%9161 Ants 6Na91 6w1rio !11:79516) IXf 9Y eam KM*. NM ws v AtMl ut: 1 As s 10.215% V SaM (4:191%) -3.,. t6 GGV soma (3-71R%) MM PUN ID (II1.4tal5) ci (77.96616) Chen. c htc9W6S1 b y: 9969 Mar t.. Volv o +.0.4916 99 As set D ocked tO:114' 9 .199v..M/ (1.393161 566.14191 (3 .16196) :i„_ M wwcy (3.196%1 Catch 114400%1 utlWCy ( 24.36.9%i M.dusb9N ( 51.542 %) chant(' 9 V' Butt Market V ah at) Atts ti6o 42 • • • • • ATTAC HMENT 7 STAMP Portfoli o Toll Re venue Project Sales Tax Re venue Fund for quarter ended December 31, 2013 C ash 10.000% ecy Marke t Pun da (0 492%) ice d income (99..3Ofl %) fannton t VA tonon n attii:h9 Other C PEO (O.OSa3b). rM MC CH O (0.13e 'rs) NMPu s0 1ti.a9tu1'— VHOH 11 239t4) - f� yarmee 41.4 991% '914 NI tora04%) Alit (1n. 3>attk'F CP 117. 9: CORP 02 .64 .2%) c_ ttestee by, M ace MA ,ke t Va k*. a_ Mrn;ed • Anet rak ed Mortgage Racked 111.19 caw, (0.197%1 Nu nl elP al j7.6d3941— Utility {9.909%) 4 .3 7a I nd ustrial (74.706%1 vnait t kteat a(1 by. i3kta MatWt Vtlinntt nuAnfl ad 43 Riverside to m y Tramporlolian ton .. ,... e .4e oc ag: Pose *. Uttre vruu* e A etrenn • STAMP P ortf olio Series A & Series B Reserve Fund for quarter ended December 31, 2013 CA.IM l0: %KM) FG LMC 11.82MM Y MLN N: i .end`Al FNMA CMo 0, 3 4%) Mnun o tcsarin) N MA C MO iO .)90%) FNMA IR4 58b) HI -MC CMG f41.9011%) -- Aare 8080 144 54a 08 OOV (4%.11% C Is ert C i teLWy bj'. nao e Ma rke l \Muc . a_,Mr.n *c tl ATTACHMENT 8 • FC LMC Collateral (1.62%x) Agon y comet vac CMo 11,5 TL,% ..". FNMA Contend / Wane,/ Collet C 40 I&91256) • Comma/Mel. 1* 85 iwlatN's., (d1 D O%) CheIMAIMIl ee ett bp. 9® e Noe. . A aient OC AM aat (1 .5. 895%) 0548t cfectO st84 tr. !4148 848494 48444 8 4 :1tYLM^. 44 • • • • ATTACHMENT 9 STAMP Portfolio T oll Revenue Project Capitalized Interest Fund f or quarter ended December 31, 2013 CA9 44 0003011 MMFN NO !0'. 0004ci FNMA 41. I.01` 14!"'� FNMA 04 0 (1.14134) LO (4. 2144 46) Aa i (d. 09Z%) Ok9rar . O LIN. S NMA Coit ata nal. 42.162 ..1 2a aa.anca (206t%) "�. ti <_naMrra u.. 43 ° <) -�•. .. kv Cash(2460 ). 24244124 (3.310 %1 ---- Aa sat nackad _ (6 .00341 Municip al 4).64414) • LAW rla.g atatt 0daa 1k 45 • • • • MIMS Riverside (minty Transpodot on Cormsitn • ATT ACHMENT 10 Ili STAMP Portfolio Sales Ta x Re venue Capitalized Interest Fund for quarter ended December 31, 2013 CA3M F0LMC (2_647341 ^- 04MFON0 (4. t.ux4 -" rNM11 (4.261%4 titre._ LIMO t4 .kt Pa ) O NMa. 45,0 20%1 Greer (7.03 11 90 oc0 Coda( C14O 42.249%1 P01d4C Cun4(Vrad 12 .66794) Compute. 43.07450 uturty 40.64/1 CNgr (0 .748%)— Mun(o(pad (6.599444 -"" 40O(stfa4 410.370%) Pa tented (7t.9/ Mortga ge Sac ker" (25 .411%) ..�" 00V erru .I6 (40 .324%) Croft rekteatel1 to 44444 Ma rket Vera* 4 11110. 9: 46 • • • Decem County of Riverside Treasurer's Pooled Investment Fund "Yellen From the Mountain Top" It was a busy year economically speaking with some of the issues we covered being carried over into 2014, namely the federal budget and debt ceiling debate. The biggest news, at least for us involved in the fi- nancial markets, is the changing of the guard at the FED, with Bemanke's term set to expire at the end of January. Dr. Janet Yellen was confirmed by the U.S. Senate and will take over for Bernanke as the first woman in history to hold this most prestigious post. Yellen has served as Vice Chairman and Member of the FOMC, President of the Federal Reserve Bank of San Francisco, Chairman of President Clinton's Council of Economic Advisers as well as professor at UC Berkley. A primary concern among investors and politicians alike is whether the Yellen FED will be able to suc- cessfully withdraw from current quantitative easing (QE) policies without disrupting their two primary goals of keeping prices stable and unemployment low, or, incurring other collateral damage unwind- ing over $4 trillion (yes trillion) currently on the FED's balance sheet. Current QE purchases amount to roughly $85 billion in treasuries and mortgage backed securities per month. While the FED's stimu- lative policies have added liquidity to the markets and double-digit returns with the DJIA closing above 16,500 for the year, employment has lagged some- y,�what behind other economic indicators. Additional- market watchers are concerned we are in another asset bubble; somewould argue the stock market while others say real estate. To the surprise of many, the FED did announce at its December 18th meeting that they will begin the taper of its open market bond purchases, which ironically, sparked a 293 point rally in the DJIA. The FED stat- ed, "The Committee decided to modestly reduce the pace of its asset purchases. Beginning in January, the Committee will add to its holdings of agency mort- gage -backed securities at a pace of $35 billion per month rather than $40 billion per month, and will add to its holdings of longer -term Treasury securities at a pace of $40 billion per month rather than $45 billion per month". They also stated, "The Commit- tee will likely reduce the pace of asset purchases in further measured steps at future meetings." This is huge news in the bond market as just a hint of the taper last year sent rates on an upward trajectory, causing losses in U.S Treasuries; the 10 -year hit a low yield of 1.60% in May only to finish out the year at almost 3.00%. As a reminder, as bond yields (interest rates) increase, the value (or price) decreases accordingly; this is the inverse relationship that ex- ists when investing in bonds and as rates creep up, so too will the unrealized loss figure at the bottom of this report. This is completely natural and is to be expected when managing the nature and size of a fund such as the TPIF. As we wrote about in our June report, the Fund has ample liquidity to meet our depositor's needs due to our historical 12 -month forward cash flow model. It has served us well, and I am proud to say that for the nearly 17 years I have been with this office, we've never lost a penny (even deep m the financial crisis) because we never have to sell a security to generate cash; we are largely a buy and hold portfolio. The best case scenario for investors in 2014 and be- yond is that there is a soft landing for Treasury yields as the FED embarks on the taper; equity inves- tors will want to see the same. Stay tuned for an interesting ride in the coming year with the debt ceiling debate due to come back like a bad movie sequel. We will continue to invest accordingly. Don Kent Treasurer -Tax Collector Capital Markets Team Don Kent Treasurer -Tax Collector Jon Christensen Asst. Treasurer -Tax Collector Giovane Pizano Investment Manager Erika Clark Asst. Investment Manager Investment Objectives The primary objective of the treasurer shall be to safeguard the principal of the funds under the treasurer's control, meet the liquidity needs of the depositor, and achieve a return on the funds under his or her control. RIVERSIDE COUNTY TREASURER'S POOLED INVESTMENT FUND IS CURRENTLY RATED: Aaa-bf BY MOODY'S INVESTOR'S SERVICE AND AAA/V1 BY FITCH RATINGS Month End Month End Book Market Value ($)* Value ($) Paper Gain or Paper Gain Book Yrs to Modified Loss ($) or Loss Co) Yield (%) Maturity Duration December 5,992,725,493.93 ugust 4,703,816,806.01 5,126,815,145.73 6,004,394,253.64 (11,668,759.71) 4,708,007,227.09 (4,190,421.08) 5,143,739,370.71 (16,924,224.98) ,068,151,243.56' October (0.09) (0.33) 0.33 0.39 1.14 1.39 0.38 1.31 1.37 1.28 The Treasurer's Pooled Investment Fund is comprised of the County, Schools, Special Districts4.ynd other Discretionary Depositors. December 18 0-.25% Risk to Growth Current Market Data Economic Indicators 12/24/2013 12/20/2013 12/31/2OE 12/5/2013 yees time or fiiil-tune- r tite tao a s tt tt g � rntr nt st lishments. Employment Situation: Measures the number of unemployed as a percentage of the labor force. ►e ced 'iI odds 3.6% 4.1% Real Gross Domestic Product - Q/Q change: The broadest measure of aggregate economic activity and encompasses every sector of the economy. GDP is the country's most comprehensive economic scorecard. des on present economic conditions itions -1.2% -0:9 Factory Orders M/M change: Represents the dollar level of new orders for both durable and nondurable goods. 76.8 78.1% 12/"17/2013 Consume Price' -Index change: The Consumer Price Index is a measure of the average price level of a fixed basket of goods and services purchased by consumers. 0.0% 0.0% Stock Indices 1,805.81 1,848.36 S&P 500 Index N Imo# {i D Commodities Ny neCtrude`' Gold (USD/OZ) 176 6,70 Fed Funds Target Rate Fed ov Probability for FOMC Dates: 1/29/2014 3/19/2014 Decrease to 0.00% Increase to 0.25% 0% 36.0% 37.7% increase to 0 50% Increase to 0.75% 0.0% 0.0% 1,205.65 $ (47.84) FOMC Meeting Schedule US Treasury Curve (M/M) 125 U5 Tera:vey Actirr: iuvr I n:113 US US Troowr/ Act ept iur,+ 11/iSJI) 6N lY 2Y To 7Y' $Y FY .0 I;Y 'tenor 3M 1Y € _ 2Y s * 0.06:3 0.114: 0.382 0.058 0.119 0.283 1.0 -0.5 92 3UY 3Y l^ r - 7Y 10Y r 30Y'. 0.766 1.7 3 2.452 _ 3.029 3.969' 0.546 ; 1.3 1 2.094; 2.745 3.811 22.0 372 352i 28.4 157; TIMMI The Treasurer's Institutional Money Market Index (TIMMI) is compiled and reported by the Riverside County Treasurer's Capital TMarkets division. It is a composite index derived from four AAA rated prime institutional money market funds. Similar to the reasurer's Office, prime money market funds invest in a diversified portfolio of U.S. dollar denominated money market instruments including U.S. Treasuries, government agencies, commercial paper, certificates of deposits, repurchase agreements, etc. TIMMI is currently comprised of the four multi billion dollar funds listed below. AAA Rated Prime Institutional Fidelity Prime Institutional MMF on arket Funds Federated Prime Obligations Fund POIXX 0.03% Wells Fargo Advantage Heritage WFJXX 0.07% Morgan Stanley Institutional Prime Liquidity Fund JP Morgan 1.00% - 0.80% - 0.60% 0.40% - 0.20% - 0.00% 0.32% 0.37% (3.11 0.11% Dec -12 Feb -13 "'Cash Flows MPFXX CJPXX 0.05% 0.05% itbsu,Pool Yield TIMMI 0.38% 0.38% 0.37% 0.38% 0.39% 0.37% 0.38% 0.38% 0.39% 0.38% 0.33% 1 0 .� ♦ ♦ 4 0.12% 0.11% 0.10% 0.08% 0.07% 0.06% 0.06% 0.05% 0.05% 0.05% 0.05% Apr -13 Jun -13 Aug -13 Oct -13 Dec -13 Required Actual Available Monthly Monthly Matured Investments to Invest > Month Receipts Disbursements Difference Investments Balance Maturin_r 1 Year 01/2014 0' 4 676.58 02/2014 03/2014 04/2014 05/2014 06/2014 07/2014 �® 08/2014 09/2014 10/2014 560.00 839.70. 1,320.00 '5o.00 ; 542.82 600.00 757.29 11/2014 919.01 12/2014 1,691.73 TOTALS 10,157.13 10,936.18 (779.05) 1,646.46 2,133.23 3,894.96 4,357.93 1,293.98 820.00 820.45 738.06 1,124.81 725.41 830.00 890.00 703.43 850.00 {617.40) (260.00) 19.25 581.94 640.04) (581.99) 50.00 (125.41) {230.00) (132.71) 215.58 841.73 427.50 260.00 581.99 75.41 130,00 132.71 189.90 462.00' 265.00 9.25 „44.µ 650.00 _ 601.19 182.11 0.00 412.35 302.00 50.0- 0._ ,,.. 121.70._ - 175.00 68.80..` 151.64 215.58 64.36 1,057.31 „__.. 40.00 27.42% 64.87% 72.58°° * All values reported in mullions ($). • The Pooled Investment Fund cash flow requirements are based upon a 12 month historical cash flow model. Based upon projected cash receipts and maturing investments, there are sufficient funds to meet future cash flow disbursements over the next 12 months. RIVERSIDE COUNTY TREASURER -TAX COLLECTOR 49 3 Asset Allocation M M KT CALTRUST END DDA/PASSBK LOCAL AGCY OI1L1( US TREAS BONDS FR117C DISC NOTES FIILMC BONDS FNMA BONDS FHLB DISC NOTES FHLI) BONDS FFCB BONDS FM AC DISC NOT FARMER MAC MUNIBONDS COMM PAPER NCDS 701,000.00 54,000,00 365,000.00 455.00 701,000.00 54,01 0.00 365,000.00 701,000.00 54,000.00 365,000.00 4551111 370,000.00 370,211.33 370,272.60 458,535.00 899,929 00 49,922 08' 458,409.53 900,229,77 4 9.986,50 457,103 65 892,43_,13 292,000.00 291,826,63 291,952.55 1,(122,654.30 1_019,535 05 420,145.00 420,024.12 420,179 78 262,568.00 30,00 760,000.00 195,000.1)0 909.40 262.54429 63.476 43 759,73138 195 000.00 89,975 70 262530.87 1,347643 759,824 23 195,000.00 100.00% 0.05% .003 100,00°0 100.02% 100 13% 99 72% 99.13% 100.04% 9% 100.04% 100.07% 99.99% 100.00% 100.01% 100 80 9, 0.19% 0.17% 0.90% 0.72% 0.12% 0.3 7% 0 24% 0.14% 0.26% 0.46°x" 0.13 0.14% 100.00% 0.14% .003 6.460 .907 .384 670 2.374 281 1.147 802 ,370 850 1.18.2 142 143 .003 003 003 460 .907 .384 2.728 3,222 281 1.383 849 370 850 1.182 .142 143 0 004 697 0' 4 4 92,725.49 99.81"l" 0.3'3% .810. 38 L500,000.00 1,000,000 0 500,000.00-+ 0.00 Scheduled Book SC )Uf D PAR% NMI HMKT-12% MI CA/TRUST FM) -1gi, N DOA/ PASSBX • 6942 LOCAL AGCY OBLIG ® USTRUSS BONDS -63b mg FM. MCDISC NOTES -13b p FHt. MCBONDS -8% CM FNMA BONDS -15°!u 1=2 FHL8DISC NOTES -5% ▪ FHL8BONDS -'17% FFCBBONDS -?% ▪ FMAC DISC NOTES -1442 FARMER MAC -4% CM MUNI BONDS - 1% p COMM PAPER - 13% = NCOS-3% RIVERSIDE COUNTY 1'REASURER-TAX COLLECTOR 50 4 Maturity Distribution 411,14MKT CALTRUST FND DDA/PASSBK LOCAL AGCY OBLIG US TREAS BONDS . . . . . . . . . . . . . .. FHLMC DISC NOTES FHLMC BONDS FNMA BONDS FHI,B DISC NOTES FHLB BONDS FFCB BONDS FMAC DISC NOTES FARMER MAC MUNJ BENDS 701,000.00 54,000.00 365,000.00 60,000.00 20,000.00 155,000.00 6,000.00 70,000.00 6,000.00 4,995.00 35,000.00 5,000.00 244,150.00 90,000.00 135,000.00 145,000.00 50,000.00 52,000.00 137,000.00 571,700.00 ' 150,000.00 58,685.71 145,000.00 20,000.00 225,000.00 45,000.00 115,000.00 120,625.00 306,887.00 72,568.00 095.00 16,765.00 5,000.00 570.00 701,000.00 54,000.00 365,000.00 455.00 455.00 370,000.00 50,000.00 180,910.00 458,535.00 458,042.00 899,929.00 292,000.00 166,250.00 1,022,635.71 420,145.00 90,000.00 262,568.00 10,000.00 430.00 COMM PAPER NCDS LOCO D:r).X OIRCO PAR (000's) • 250,000.00 45,000.00 450,000.00 150,000.00 60,000.00 -111110 1111111011Ni is ir1i i 1.2 Ho, 3-12 Mos 1.2 Yr YEAR IN MATURITY 2.3 Yr >3 Yr HMKT• Scheduled Par CALTRUST FND • Scheduled Par DOA/ PASSNX - Scheduled Par of LOCAL AGCYOBL IG • Scheduled Par mom US TREAS BONDS - Scheduled Par t! FHLMC DISC NOTES • Scheduled Par PHI MC BONDS- Sdedukd'. P. FNMA BONDS-Sdedukd Par ammo FNLB DISC NOTIS - Scheduled Par FNLB BONDS-Sdedukd Par Nom '.. FFCB BONDS- Scheduled Par I nera /MAC DISC NOTES - Scheduled Par FARMER HAC-SJe..ukd Par t• HUHJ BONDS • Scheduled Par MIMB CONN PAPER -Scheduled Par err NCDS- Scheduled Par 760,000.00 ,000.00 RIVERSIDE COUNTY TREASURER -TAX COLLECTOR 51 r 5 Credit Quality 50,000.00 .4,5 3,9 i4.23n 49,998.50 49,938.75 99.88% 0.22% Aa1' 293,020.00 293,013.67 293,007. .1 00.00% 0.16% Aa2 NR' 37,070.00 300,635.00 45,000.00 37,060.42 300,528.08 44,980.67 37,065.40 300,579.21 44,980.32 _. 100.01 % 100.02% 100.00% 0.28% 0.14% 0.14% 718,023.00 717,908.69 717,961.67 100.01% 0.18% AAA AA+ AA AA - NR MOODY'S BOOK% mMu•76% AA -544 k3.594 EJNR•12A4 ■Ai•1% Q1r2.191 MAi•1% 3,551,508.20 3,540,017.17 99.68% 3,552,094.71 119,980.00 465,000.00 718,023.00 S&P BOOK% INAAA•14% pAA••I% AA+•5914 NB $R•12% IMAA•2'% 120,001.22 119,993.02 464,883.50 464,939.61 717,908.69 717,961.57 0.45% 99.99% 017% 100.01 % 100.01%.,_. 0.14% • 0.189 • 6 RIVERSIDE COUNTY TREASURER -TAX COLLECTOR 52 lonth End Portfolio Holdings CUSIP Description Maturity Maturity Par Book Market Market Unrealized Modified Years To Date Coupon To Mat Value Value Price Value Gain/Loss Duration Maturity and: 1 POOL FUND IMKT 'FJXX P IPX CALTRUST HERITAGE FIDELITY PRIME FEDERATED PRIME MORGAN STANLEY JP MORGAN PRIME 01/01/2014 .062 .062 170,000,000.00 170,000,000.00 100.000000 170,000,000.00 0.00 .003 01/01/2014 .044 .044 150,000,000.00 150,000,000.00 100.000000 150,000,000.00 0.00 .003 01/01/2014 .025 .025 1,000,000.00 1,000,000.00 100.000000 1,000,000.00 0.00 .003 01/01/2014 .044 .044 210,000,000.00 210,000,000.00 100.000000 210,000,000.00 0.00 .003 01/01/2014 .053 .053 170,000,000.00 170,000,000.00 100.000000 170,000,000.00 0.00 .003 .003 .003 .003 .003 .003 ALTRUST FND LTR CALTRUST SHT TERM 01/01/2014 .416 .416 54,000,000.00 54,000,000.00 100.000000 54,000,000.00 0.00 .003 .003 DA/PASSBK ASH UB MANAGED RATE IMDA BANK OF THE WEST 01/01/2014 .080 .080 255,000,000.00 255,000,000.00 100.000000 255,000,000.00 0.00 .003 01/01/2014 .277 .277 110,000,000.00 110,000,000.00 100.000000 110,000,000.00 0.00 .003 .003 .003 DCAL AGCY OBLIG AO US DIST COURTHOUSE 06/15/2020 .878 .878 455,000.00 455,000.00 100.000000 455,000.00 0.00 3.349 6.460 S TREAS BONDS 12828TA8 U.S. TREASURY BOND 12828TA8 U.S. TREASURY BOND 12828TA8 U.S. TREASURY BOND t2828TF7 U.S. TREASURY BOND t2828TU4 U.S. TREASURY BOND 12828TU4 U.S. TREASURY BOND 12828U73 U.S. TREASURY BOND [28285E1 U.S. TREASURY BOND t2828UP3 U.S. TREASURY BOND 12828UK4 U.S. TREASURY BOND 12828R25 U.S. TREASURY BOND 12828RZ5 U.S. TREASURY BOND 12828RZ5 U.S. TREASURY BOND 12828UK4 U.S. TREASURY BOND 12828RZ5 U.S. TREASURY BOND 06/30/2014 .250 .243 20,000,000.00 20,002,343.75 100.078000 20,015,600.00 13,256.25 .495 .496 06/30/2014 .250 .235 25,000,000.00 25,005,859.38 100.078000 25,019,500.00 13,640.62 .495 .496 06/30/2014 .250 .237 25,000,000.00 25,004,882.81 100.078000 25,019,500.00 14,617.19 .495 .496 07/31/2014 .125 .172 25,000,000.00 24,986,328.13 100.012000 25,003,000.00 16,671.87 .583 .581 10/31/2014 .250 .184 25,000,000.00 25,017,578.13 100.086000 25,021,500.00 3,921.87 .832 .833 10/31/2014 .250 .187 25,000,000.00 25,016,601.56 100.086000 25,021,500.00 4,898.44 .832 .833 02/28/2015 .250 .197 25,000,000.00 25,017,578.13 100.063000 25,015,750.00 -1,828.13 1.164 1.162 02/15/2015 .250 .192 25,000,000.00 25,018,554.69 100.070000 25,017,500.00 -1,054.69 1.119 1.126 02/28/2015 .250 .197 25,000,000.00 25,017,578.13 100.063000 25,015,750.00 -1,828.13 1.164 1.162 01/31/2015 .250 .182 25,000,000.00 25,020,507.81 100.082000 25,020,500.00 -7.81 1.080 1.085 01/15/2015 .250 .180 25,000,000.00 25,020,507.81 100.082000 25,020,500.00 -7.81 1.036 1.041 01/15/2015 .250 .180 25,000,000.00 25,020,507.81 100.082000 25,020,500.00 -7.81 1.036 1.041 01/15/2015 .250 .173 25,000,000.00 25,021,484.38 100.082000 25,020,500.00 -984.38 1.036 1.041 01/31/2015 .250 .176 25,000,000.00 25,021,484.38 100.082000 25,020,500.00 -984.38 1.081 1.085 01/15/2015 .250 .179 25,000,000.00 25,019,531.25 100.082000 25,020,500.00 968.75 1.036 1.041 HLMC DISC NOTES 13397XA4 FHLMC DISC NOTE 05/20/2014 .170 .170 50,000,000.00 49,922,083.33 99.973000 49,986,500.00 64,416.67 .383 .384 HLMCBONDS 134G1SGO FHLMC3.5YrNc6MoE 03/03/2014 1.250 1.250 5,000,000.00 5,000,000.00 100.164000 5,008,200.00 8,200.00 .169 .170 137EACR8 FHLMC 3Yr 02/25/2014 1.375 1.375 5,000,000.00 5,000,000.00 100.183000 5,009,150.00 9,150.00 .152 .153 18 FHLMC 3Yr 02/25/2014 1.375 1.465 10,000,000.00 9,973,100.00 100.183000 10,018,300.00 45,200.00 .152 .153 t FHLMC 3Yr 04/29/2014 1.350 1.160 5,000,000.00 5,027,800.00 100.396000 5,019,800.00 -8,000.00 .324 .326 6 FHLMC 2Yr 02/27/2014 .375 .394 10,000,000.00 9,996,000.00 100.037000 10,003,700.00 7,700.00 .158 .159 134G3NLO FHLMC 3YrNc2YrE 02/24/2015 .500 .581 5,000,000.00 4,988,000.00 100.036000 5,001,800.00 13,800.00 1.140 1.151 134G3PD6 FHLMC3YrNc2YrE 02/27/2015 .550 .594 5,000,000.00 4,993,500.00 100.021000 5,001,050.00 . 7,550.00 1.148 1.159 134G3NS5 FHLMC 2Yr 03/21/2014 .300 .378 10,000,000.00 9,984,000.00 100.046000 10,004,600.00 20,600.00 .219 .219 134G3QW3 FHLMC3YrNc2YrE 03/06/2015 .625 .625 5,000,000.00 5,000,000.00 100.082000 5,004,100.00 4,100.00 1.172 1.178 134G3QW3 FHLMC 3YrNc2YrE 03/06/2015 .625 .625 5,000,000.00 5,000,000.00 100.082000 5,004,100.00 4,100.00 1.172 1.178 134G3RP7 FHLMC3YrNc2YrE 03/12/2015 .650 .650 10,000,000.00 10,000,000.00 100.094000 10,009,400.00 9,400.00 1.189 1.195 134G3QW3 FHLMC3YrNc2YrE 03/06/2015 .625 .628 5,000,000.00 4,999,500.00 100.082000 5,004,100.00 4,600.00 1.172 1.178 134G3SB7 FHLMC 2Y'r 04/28/2014 .375 .427 5,000,000.00 4,994,400.00 100.079000 5,003,950.00 9,550.00 .322 .323 134G3SB7 FHLMC2.16Yr 04/28/2014 .375 .460 5,000,000.00 4,991,050.00 100.079000 5,003,950.00 12,900.00 .322 .323 134G3JX9 FHLMC3Yr 01/30/2015 .650 .662 5,000,000.00 4,998,250.00 100.037000 5,001,850.00 3,600.00 1.072 1.082 134G3TL4 FHLMC3.5YrNc2YrB 09/28/2015 .900 .900 5,000,000.00 5,000,000.00 100.177000 5,008,850.00 8,850.00 1.721 1.742 134G3SB7 FHLMC 2Yr 04/28/2014 .375 .509 10,000,000.00 9,972,500.00 100.079000 10,007,900.00 35,400.00 .322 .323 134G3SB7 FHLMC2Yr 04/28/2014 .375 .440 5,000,000.00 4,993,250.00 100.079000 5,003,950.00 10,700.00 .322 .323 134G3SB7 FHLMC 2Yr 04/28/2014 .375 .452 5,000,000.00 4,992,015.05 100.079000 5,003,950.00 11,934.95 .322 .323 134G3SB7 FHLMC2Yr 04/28/2014 .375 .437 12,000,000.00 11,984,880.00 100.079000 12,009,480.00 24,600.00 .322 .323 134G3NS5 FHLMC 2Yr 03/21/2014 .300 .345 10,000,000.00 9,992,000.00 100.046000 10,004,600.00 12,600.00 .219 .219 134G3LA6 FHLMC2Yr 02/27/2014 .375 .303 10,000,000.00 10,011,600.00 100.037000 10,003,700.00 -7,900.00 .159 .159 134G3S50 FHLMC4Yr 11/01/2016 .625 .647 10,000,000.00 9,991,200.00 99.601000 9,960,100.00 -31,100.00 2.801 2.838 134G32E9 FHLMC2Yr 12/03/2014 .320 .320 5,000,000.00 5,000,000.00 100.128000 5,006,400.00 6,400.00 .920 .923 134G33X6 FHLMC 3YrNc1YrB 01/15/2016 .500 .500 5,000,000.00 5,000,000.00 99.952000 4,997,600.00 -2,400.00 2.021 2.041 134G34B3 FHLMC 3YrNc2YrB 01/28/2016 .500 .500 5,000,000.00 5,000,000.00 99.881000 4,994,050.00 -5,950.00 2.057 2.077 134G34B3 FHLMC3YrNc2YrB 01/28/2016 .500 .500 5,000,000.00 5,000,000.00 99.881000 4,994,050.00 -5,950.00 2.057 2.077 134G34B3 FHLMC3YrNc2YrE 01/28/2016 .500 .500 5,000,000.00 5,000,000.00 99.881000 4,994,050.00 -5,950.00 2.057 2.077 134G3453 FHLMC 3YrNc2YrB 01/28/2016 .500 .500 5,000,000.00 5,000,000.00 99.881000 4,994,050.00 -5,950.00 2.057 2.077 134G34B3 FHLMC 3YrNc2YrB 01/28/2016 .500 .500 5,000,000.00 5,000,000.00 99.881000 4,994,050.00 -5,950.00 2.057 2.077 134G34B3 FHLMC 3YrNc2YrB 01/28/2016 .500 .507 10,000,000.00 9,998,000.00 99.881000 9,988,100.00 -9,900.00 2.057 2.077 134G34B3 FHLMC 3YrNc2YrE 01/28/2016 .500 .507 6,000,000.00 5,998,800.00 99.881000 5,992,860.00 -5,940.00 2.057 2.077 134G33R9 FHLMC 3YrNc1YrE 01/15/2016 .450 .450 5,000,000.00 5,000,000.00 99.910000 4,995,500.00 -4,500.00 2.023 2.041 134G3550 FHLMC4Yr 11/01/2016 .625 .600 4,625,000.00 4,629,301.25 99.601000 4,606,546.25 -22,755.00 2.802 2.838 134G36A3 FHLMC3YrNc6MoB 03/28/2016 .600 .600 5,000,000.00 5,000,000.00 100.069000 5,003,450.00 3,450.00 2.220 2.241 134G36J4 FHLMC 3.5YrNc3MoB 09/14/2016 .650 .650 5,000,000.00 5,000,000.00 99.658000 4,982,900.00 -17,100.00 2.670 2.707 134G36J4 FHLMC 3YrNc3MoB 09/14/2016 .650 .656 5,000,000,00 4,999,000.00 99.658000 4,982,900.00 -16,100.00 2.670 2.707 134G36J4 FHLMC 3.5YrNc3MoB 09/14/2016 .650 .650 5,000,000.00 5,000,000.00 99.658000 4,982,900.00 -17,100.00 2.670 2.707 137EADQ9 FHLMC3Yr 05/13/2016 .500 .500 10,000,000.00 9,999,900.00 99.879000 9,987,900.00 -12,000.00 2.348 2.367 137EADQ9 FHLMC 3Yr 05/13/2016 .500 .500 5,000,000.00 5,000,000.00 99.879000 4,993,950.00 -6,050.00 2.348 2.367 [37E Q9 FHLMC3Yr 05/13/2016 .500 .500 5,000,000.00 5,000,000.00 99.879000 4,993,950.00 -6,050.00 2.348 2.367 1 FHLMC5YrNc6MoB 10/15/2018 1.500 1.500 10,000,000.00 10,000,000.00 99.569000 9,956,900.00 -43,100.00 4.590 4.792 FHLMC5YrNc6MoB 10/15/2018 1.500 1.500 10,000,000.00 10,000,000.00 99.569000 9,956,900.00 -43,100.00 4.590 4.792 [34 2 FHLMC 5YrNc6MoB 10/23/2018 1.500 1.500 5,000,000.00 5,000,000.00 99.408000 4,970,400.00 -29,600.00 4.612 4.814 134G4HM3 FHLMC 5YrNc6MoB 10/30/2018 1.250 1.250 10,000,000.00 10,000,000.00 99.512000 9,951,200.00 -48,800.00 4.667 4.833 134G4HX9 FHLMC 5YrNc6MoB 10/30/2018 1.250 1.250 12,000,000.00 12,000,000.00 99.544000 11,945,280.00 -54,720.00 4.667 4.833 134G4J25 FHLMC 5YrNc6MoB 10/30/2018 1.350 1.350 5,000,000.00 5,000,000.00 99.489000 4,974,450.00 -25,550.00 4.654 4.833 IVERISIDE COUNTY TREASURER -TAX COLLECTOR 53 tooth End Portfolio Holdings CUSIP Description Maturity Maturity Par Book Market Date Coupon To Mat Value Value Price 134G4J25 134G4KJ6 134G4KM9 34G4KM9 134G4L97 134G4KM9 134G4LQ9 134G4LG1 134G4LG1 134G4MB1 134G4M88 134G4PC6 134G4PC6 134G4QA9 134G4Q68 134G4QQ4 134G4RC4 FHLMC SYrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 2.5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB FHLMC 4YrNc6MoB FHLMC 5YrNc6MoB FHLMC 5YrNc6MoB 10/30/2018 11/27/2018 11/27/2018 11/27/2018 05/27/2016 11/27/2018 12/11/2018 11/27/2018 11/27/2018 12/18/2018 12/18/2018 12/17/2018 12/17/2018 12/27/2018 12/27/2017 12/27/2018 12/27/2018 1.350 1.250 1.350 1.350 .530 1.350 1.500 1.500 1.500 1.500 1.375 1.375 1.375 1.500 .750 1.500 1.150 1.350 1.250 1350 1.350 .530 1.360 1.500 1.500 1.500 1.500 1.375 1.375 1.422 1.500 .750 1.500 1.150 5,000,000.00 10,000,000.00 10,000,000.00 7,940,000.00 15,000,000.00 4,995,000.00 10,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 10,000,000.00 5,000,000.00 2,675,000.00 13,300,000.00 5,000,000.00 10,000,000.00 10.000.000.00 5,000,000.00 10,000,000.00 10,000,000.00 7,940,000.00 15,000,000.00 4,992,502.50 10,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 10,000,000.00 5,000,000.00 2,668,981.25 13,300,000.00 5,000,000.00 10,000,000.00 10 000 000.00 99.489000 99.085000 98.837000 98.837000 99.807000 98.837000 99.331000 99.283000 99.283000 98.706000 98.921000 98.955000 98.955000 99.293000 99.440000 99.293000 99.213000 Market Unrealized Modified Years To Value Gain/Loss Duration Maturity 4,974,450.00 9,908,500.00 9,883,700.00 7,847,657.80 14,971,050.00 4,936,908.15 9,933,100.00 9,928,300.00 9,928,300.00 4,935,300.00 9,892,100.00 4,947,750.00 2,647,046.25 13,205,969.00 4,972,000.00 9,929,300.00 9,921,300.00 -25,550.00 -91,500.00 -116,300.00 -92,342.20 -28,950.00 -55,594.35 -66,900.00 -71,700.00 -71,700.00 -64,700.00 -107,900.00 -52,250.00 -21,935.00 -94,031.00 -28,000.00 -70,700.00 -78,700.00 4.654 4.738 4.725 4.725 2.386 4.725 4.745 4.706 4.706 4.764 4.780 4.777 4.776 4.789 3.922 4.789 4.834 4.833 4.910 0 4.910 4.948 4.910 4.910 4.967 4.967 4.964 4.964 4.992 3.992 4.992 4.992 VMABONDS 1398A3R1 FNMA 3.5YrNc6MoE 03/21/2014 1.350 1.350 136FP6X0 FNMA 5Yr 02/04/2016 .272 .317 1398A3K6 FNMA 4Yr 03/14/2014 1.250 1.278 1398AVZ2 FNMA 5Yr 03/13/2014 2.750 1.128 t36G0RP8 FNMA 5YrNc1YrB 07/26/2017 .875 .875 136G0PU9 FNMA 5YrNc1YrB 07/10/2017 .850 .850 136GORTO FNMA 5YrNc1YrB 07/26/2017 1.150 1.150 136G0RW3 FNMA SYrNc2YrB 07/25/2017 .750 .750 136GORP8 FNMA 5YrNc1YrB 07/26/2017 .875 .875 136G0RP8 FNMA 5YrNc1YrB 07/26/2017 .875 .875 136GOTZ4 FNMA 5YrNc1YrB 08/15/2017 .750 .750 136GOVZ1 FNMA 5YrNc1YrB 08/14/2017 .750 .750 136GOUX7 FNMA 5YrNc1YrB 08/16/2017 .750 .750 136GOVA6 FNMA 5YrNc1YrB 08/14/2017 .750 .763 136G0YU9 FNMA 5YrNc1YrB 08/28/2017 .880 .880 136G0A27 FNMA 5YrNc1YrB 09/20/2017 .750 .750 136G0A27 FNMA 5YrNc1YrB 09/20/2017 .750 .750 136G0B59 FNMA 5YrNc1YrB 09/20/2017 .700 .700 136G0E64 FNMA 5YrNc1YrB 09/27/2017 .700 .700 136G0E64 FNMA5YrNc1YrB 09/27/2017 .700 .700 136G0059 FNMA 5YrNc1YrB 09/20/2017 .700 .700 136G0W49 FNMA 5YrNc1YrB 11/08/2017 .700 .700 135G0QB2 FNMA 3YrNc1YrE 10/22/2015 .500 .489 135G0RS4 FNMA 3YrNc2YrE 11/06/2015 .500 .500 135G0RY1 FNMA 3YrNc2YrE 11/25/2015 .480 .480 135GORZ8 FNMA 3.5YrNc2YrE 05/26/2016 .550 .550 136G0Y21 FNMA 4YrNc1YrB 11/07/2016 .600 .600 136G0385 FNMA 5YrNc6MoB 11/07/2017 .700 .700 136G12F5 FNMA 5YrNc1YrB 12/18/2017 .750 .750 [3503164 FNMA 3YrNc1YrE 11/06/2015 .500 .500 136G1356 FNMA 5YrNc1YrB 12/13/2017 .800 .800 136G12F5 FNMA 5YrNc1YrB 12/18/2017 .750 .750 136G12D0 FNMA 5YrNc1YrB 12/13/2017 .750 .750 35GOST1 FNMA 3YrNc1YrB 12/24/2015 .450 .450 135GOST1 FNMA 3YrNc1YrB 12/24/2015 .450 .450 135GOST1 FNMA 3YrNc1YrB 12/24/2015 .450 .457 t35G05T1 FNMA 3YrNc1YrB 12/24/2015 .450 .450 t36G14Q9 FNMA 5YrNc1YrB 12/26/2017 .750 .750 135GOST1 FNMA 3YrNclYrB 12/24/2015 .450 .450 135GOST1 FNMA 3YrNc1YrB 12/24/2015 .450 .450 135GOST1 FNMA 3YrNc1YrB 12/24/2015 .450 .450 135GOST1 FNMA 3YrNc1YrB 12/24/2015 .450 .450 136G16J3 FNMA 5YrNc1YrB 12/27/2017 .625 .625 136G1356 FNMA 5YrNc1YrB 12/13/2017 .800 .800 t36G17E3 FNMA 5YrNc1YrB 12/26/2017 .650 .650 136G17A1 FNMA 3YrNc1YrB 12/30/2015 .450 .450 136G1A66 FNMA 5YrNc1YrB 12/26/2017 .700 .700 t35GOST1 FNMA 3YrNc1YrB 12/24/2015 .450 .450 136G1B40 FNMA 5YrNc1YrB 01/30/2018 .750 .750 136G1B32 FNMA 5YrNc1YrB 01/30/2018 .700 .700 t36G1AQ2 FNMA 5YrNc6MoB 01/30/2018 .700 .700 135G0TH6 FNMA 3YrNc1YrB 01/29/2016 .480 .487 135G0TS2 FNMA 3YrNc6MoB 01/15/2016 .500 .502 136G1056 FNMA 5YrNc1YrB 01/29/2018 .800 .800 135GOTTO FNMA 3YrNc1YrB 01/29/2016 .500 .500 136G1AJ8 FNMA 5YrNc1YrB 01/30/2018 .700 .700 t36G1AY5 FNMA 5YrNc1YrB 01/30/2018 .750 .750 .36G1BF5 FNMA 5YrNc1YrB 01/30/2018 .700 .700 .35G0UB7 FNMA 3YrNc6MoB 02/22/2016 .520 .544 .35G0UB7 FNMA 3YrNc6MoB 02/22/2016 .520 .554 36G1D97 FNMA 5YrNc1YrB 02/28/2018 .800 .800 .36G1DA4 FNMA 5YrNc1YrB 02/28/2018 1.000 1.000 .36G1DA4 FNMA 5YrNc1YrB 02/28/2018 1.000 1.006 36G1DB2 FNMA 5YrNc6MoB 02/28/2018 1.000 1.000 36G1CW7 FNMA 5YrNc1YrB 02/20/2018 .800 .826 35GOUSO FNMA 3YrNc1YrE 02/26/2016 .550 .550 36G1DB2 FNMA 5YrNc6MoB 02/28/2018 1.000 1.000 36G1EX3 FNMA 3.5YrNc6MoB 08/26/2016 .700 .700 5,000,000.00 5,000,000.00 100.267000 5,013,350.00 13,350.00 .218 10,000,000.00 9,990,000.00 100.100000 10,010,000.00 20,000.00 2.082 5,000,000.00 4,996,000.00 100.224000 5,011,200.00 15,200.00 .199 10,000,000.00 10,454,500.00 100.516000 10,051,600.00 -402,900.00 .196 5,000,000.00 5,000,000.00 99.497000 4,974,850.00 -25,150.00 3.494 4,980,000.00 4,980,000.00 99.320000 4,946,136.00 -33,864.00 3.462 5,000,000.00 5,000,000.00 99.330000 4,966,500.00 -33,500.00 3.470 10,000,000.00 10,000,000.00 100.206000 10,020,600.00 20,600.00 3.502 10,000,000.00 10,000,000.00 99.497000 9,949,700.00 -50,300.00 3.494 5,000,000.00 5,000,000.00 99.497000 4,974,850.00 -25,150.00 3.494 5,000,000.00 5,000,000.00 99.376000 4,968,800.00 -31,200.00 3.557 5,000,000.00 5,000,000.00 99.617000 4,980,850.00 -19,150.00 3.563 5,000,000.00 5,000,000.00 99.414000 4,970,700.00 -29,300.00 3.560 10,000,000.00 9,995,000.00 98.939000 9,893,900.00 -101,100.00 3.562 10,000,000.00 10,000,000.00 98.847000 9,884,700.00 -115,300.00 3.599 5,000,000.00 5,000,000.00 98.422000 4,921,100.00 -78,900.00 3.654 10,000,000.00 10,000,000.00 98.422000 9,842,200.00 -157,800.00 3.654 5,000,000.00 5,000,000.00 99.125000 4,956,250.00 -43,750.00 3.658 5,000,000.00 5,000,000.00 98.775000 4,938,750.00 -61,250.00 3.678 5,000,000.00 5,000,000.00 98.775000 4,938,750.00 -61,250.00 3.678 5,000,000.00 5,000,000.00 99.125000 4,956,250.00 -43,750.00 3.658 10,000,000.00 10,000,000.00 99.061000 9,906,100.00 -93,900.00 3.791 5,000,000.00 5,001,562.50 100.155000 5,007,750.00 6,187.50 1.796 10,000,000.00 10,000,000.00 100.020000 10,002,000.00 2,000.00 1.835 10,000,000.00 10,000,000.00 100.000000. 10,000,000.00 0.00 1.888 5,000,000.00 5,000,000.00 99.726000 4,986,300.00 -13,700.00 2.383 5,000,000.00 5,000,000.00 99.964000 4,998,200.00 -1,800.00 2.827 5,250,000.00 5,250,000.00 98.748000 5,184,270.00 -65,730.00 3.795 10,000,000.00 10,000,000.00 98.768000 9,876,800.00 -123,200.00 3.897 5,000,000.00 5,000,000.00 100.020000 5,001,000.00 1,000.00 1.835 5,000,000.00 5,000,000.00 98.817000 4,940,850.00 -59,150.00 3.879 8,752,000.00 8,752,000.00 98.768000 8,644,175.36 -107,824.64 3.897 5,000,000.00 5,000,000.00 98.424000 4,921,200.00 -78,800.00 3.890 5,000,000.00 5,000,000.00 99.882000 4,994,100.00 -5,900.00 1.969 10,000,000.00 10,000,000.00 99.882000 9,988,200.00 -11,800.00 1.969 10,000,000.00 9,998,000.00 99.882000 9,988,200.00 -9,800.00 1.969 10,000,000.00 10,000,000.00 99.882000 9,988,200.00 -11,800.00 1.969 10,000,000.00 10,000,000.00 98.003000 9,800,300.00 -199,700.00 3.919 5,000,000.00 5,000,000.00 99.882000 4,994,100.00 -5,900.00 1.969 5,000,000.00 5,000,000.00 99.882000 4,994,100.00 -5,900.00 1.969 10,000,000.00 10,000,000.00 99.882000 9,988,200.00 -11,800.00 1.969 10,000,000.00 10,000,000.00 99.882000 9,988,200.00 -11,800.00 1.969 5,000,000.00 5,000,000.00 98.187000 4,909,350.00 -90,650.00 3.933 5,000,000.00 5,000,000.00 98.817000 4,940,850.00 -59,150.00 3.879 8,750,000.00 8,750,000.00 98.720000 8,638,000.00 -112,000.00 3.928 10,000,000.00 10,000,000.00 99.964000 9,996,400.00 -3,600.00 1.989 10,000,000.00 10,000,000.00 98.967000 9,896,700.00 -103,300.00 3.924 10,000,000.00 10,000,000.00 99.882000 9,988,200.00 -11,800.00 1.969 5,000,000.00 5,000,000.00 98.996000 4,949,800.00 -50,200.00 3.999 5,000,000.00 5,000,000.00 98.268000 4,913,400.00 -86,600.00 4.004 7,200,000.00 7,200,000.00 98.918000 7,122,096.00 -77,904.00 4.004 5,000,000.00 4,999,000.00 99.851000 4,992,550.00 -6,45000 2.061 5,000,000.00 4,999,750.00 99.897000 4,994,850.00 -4,900.00 2.021 10,000,000.00 10,000,000.00 98.809000 9,880,900.00 -119,100.00 3.991 5,000,000.00 5,000,000.00 99.888000 4,994,400.00 -5,600.00 2.060 10,000,000.00 10,000,000.00 98.144000 9,814,400.00 -185,600.00 4.004 4,500,000.00 4,500,000.00 98.769000 4,444,605.00 -55,395.00 3.999 10,000,000.00 10,000,000.00 98.920000 9,892,000.00 -108,000.00 4.004 5,000,000.00 4,996,500.00 99.837000 4,991,850.00 -4,650.00 2.123 5,000,000.00 4,995,000.00 99.837000 4,991,850.00 -3,150.00 2.123 15,000,000.00 15,000,000.00 97.452000 14,617,800.00 -382,200.00 4.079 10,000,000.00 10,000,000.00 98.775000 9,877,500.00 -122,500.00 4.058 5,000,000.00 4,998,500.00 98.775000 4,938,750.00 -59,750.00 4.058 10,000,000.00 10,000,000.00 98.464000 9,846,400.00 -153,600.00 4.058 5,000,000.00 4,993,750.00 98.986000 4,949,300.00 -44,450.00 4.048 5,000,000.00 5,000,000.00 99.966000 4,998,300.00 -1,700.00 2.133 10,000,000.00 10,000,000.00 98.464000 9,846,400.00 -153,600.00 4.058 10,000,000.00 10,000,000.00 99.785000 9,978,500.00 -21,500.00 2.618 .219 2.096 .200 .197 3.570 3.526 3.570 3.567 3.570 3.570 3.625 3.622 3.627 3.622 3.660 3.723 3.723 3.723 3.742 3.742 3.723 3.858 2.403 2.855 3.855 3.967 1.849 3.953 3.967 3.953 1.981 1.981 1.981 1.981 3.989 1.981 1.981 1.981 1.981 3.992 3.953 3.989 1.997 3.989 1.981 4.085 4.085 4.085 2.079 2.041 4.082 2.079 4.085 4.085 4.085 2.145 2.145 4.164 4.142 2.156 4.164 2.655 IVERISIDE COUNTY TREASURER -TAX COLLECTOR 54 lonth End Portfolio Holdings l3 136G1LT4 135G0WS8 135G0WS8 135G0WS8 136G1LT4 136G1QU6 135G0YJ6 136G1559 136G07B1 136G1MUO Maturity Maturity Par Book Market Market Unrealized Modified Years To CUSIP Description Date Coupon To Mat Value Value Price Value Gain/Loss Duration Maturity 136G1ET2 FNMA 5YrNc6Mo8 136G1FW4 FNMA 5YrNc6MoB 136G1FW4 FNMA 5YrNc6MoB [36 FNMA FNMA 5YrNc6MoB FNMA 5YrNc6MoB FNMA 5YrNc1YrB 136 4 FNMA 3.5YrNc6MoB 136G1GR4 FNMA 3.5YrNc6MoB 136G1FW4 FNMA 5YrNc6MoB 136G1HC6 FNMA 5YrNc1YrB 136G1HB8 FNMA 5YrNc1YrB 136G1HE2 FNMA 5YrNc6MoB 136G1HP7 FNMA 5YrNc1YrB 135G0VQ3 FNMA 3YrNc6MoB 135GOWE9 FNMA 3.5YrNc6MoB 135GOWE9 FNMA 3.5YrNc6MoB 135GOWE9 FNMA 3.5YrNc6MoB 135G0WE9 FNMA 3.5YrNc6MoB 135GOWE9 FNMA 3.5YrNc6MoB 135GOWE9 FNMA 3.5YrNc6MoB 135GOWE9 FNMA 3.5YrNc6MoB 136G1JY6 FNMA 5YrNc6MoC 135G0WC3 FNMA 3YrNc6MoB 135GOWC3 FNMA 3YrNc6MoB 135GOWE9 FNMA 3.5YrNc6MoB 136G1KB4 FNMA 5YrNc6MoC t36G1KJ7 FNMA 5YrNc6MoB 135G0WL3 FNMA 3.5YrNc6MoB 135G0WL3 FNMA 3.5YrNc6MoB 135G0WL3 FNMA 3.5YrNc6MoB 136G1KB4 FNMA 5YrNc1YrB 135G0WL3 FNMA 3.5YrNc6MoB 135G0WS8 FNMA 3.5YrNc6MoB L36G1JW0 FNMA 5YrNc6MoB 135G0WS8 FNMA 3.5YrNc1YrB 135GOW W9 FNMA 3YrNc6MoB 136G1KW8 FNMA 5YrNc6MoB 136G14F3 FNMA 3.5YrNc6MoB 135G0WS8 FNMA 3.5YrNc1YrE 135G0WS8 FNMA 3.5YrNc1YrE 135G0WS8 FNMA 3.5YrNc1YrE 135G0WS8 FNMA 3.5YrNc1YrE 13 FNMA 3.5YrNc1YrE FNMA 5YrNc6MoB FNMA 5YrNc6MoB FNMA 3.5YrNc1YrB FNMA 3.5YrNc1YrB FNMA 3.5YrNc1YrB FNMA 3.5YrNc1YrB FNMA 3.5YrNc1YrB FNMA 3YrNc6MoB FNMA 3YrNc6MoB FNMA 3.25YrNc6MoB FNMA 4YrNc6MoB FNMA 5YrNc6MoB 03/06/2018 1.000 1.000 10, 000, 000.00 03/19/2018 1.000 1.005 5, 000, 000.00 03/19/2018 1.000 1.000 10,000, 000.00 03/19/2018 1.000 1.000 5,000,000.00 03/27/2018 1.000 1.000 5,000,000.00 03/27/2018 .800 .800 5,000,000.00 09/27/2016 .625 .634 5,500,000.00 09/27/2016 .625 .625 5,000,000.00 03/19/2018 1.000 1.000 10,000,000.00 03/28/2018 .850 .850 5,000,000.00 03/28/2018 .800 .800 5,000,000.00 03/20/2018 .750 .765 5,000,000.00 03/28/2018 .800 .800 5,000,000.00 09/26/2016 .650 .650 5,000,000.00 10/25/2016 .700 .700 5,000,000.00 10/25/2016 .700 .700 5,000,000.00 10/25/2016 .700 .700 5,000,000.00 10/25/2016 .700 .700 10, 000, 000.00 10/25/2016 .700 .700 5,000,000.00 10/25/2016 .700 .700 10,000,000.00 10/25/2016 .700 .700 10,000,000.00 04/24/2018 .800 .800 10,000,000.00 04/18/2016 .570 .570 5,000,000.00 04/18/2016 .570 .573 5,000,000.00 10/25/2016 .700 .700 5,000,000.00 04/16/2018 .750 .750 10,000,000.00 04/30/2018 .750 .750 10,000,000.00 10/25/2016 .625 .625 5,000,000.00 10/25/2016 .625 .625 10,000,000.00 10/25/2016 .625 .625 10,000,000.00 04/16/2018 .750 .750 5,000,000.00 10/25/2016 .625 .625 20,000,000.00 11/15/2016 .600 .600 10, 000,000.00 04/18/2018 .875 .875 5,610,000.00 11/15/2016 .600 .600 10,000,000.00 05/20/2016 .520 .520 10,000,000.00 05/08/2018 .800 .800 5,000,000.00 12/27/2016 .680 .665 12,000,000.00 11/15/2016 .600 .600 5,000,000.00 11/15/2016 .600 .600 5,000,000.00 11/15/2016 .600 .600 5,000,000.00 11/15/2016 .600 .600 10,000,000.00 11/15/2016 .600 .600 5,000,000.00 04/30/2018 .750 .750 5,000,000.00 05/08/2018 .800 .800 21,750,000.00 11/28/2016 .500 .512 10,000,000.00 11/15/2016 .600 .600 3,635,000.00 11/15/2016 .600 .604 10, 000,000.00 11/15/2016 .600 .600 10,000,000.00 11/28/2016 .500 1.009 752,000.00 07/29/2016 1.000 1.000 10,000, 000.00 09/06/2016 1.000 1.000 3,775,000.00 11/28/2016 1.000 1.047 1,225,000.00 11/27/2017 1.000 1.031 6,250,000.00 06/12/2018 .800 1.000 10,000, 000.00 10,000,000.00 4,998,750.00 10,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 5,498,350.00 5,000,000.00 10,000,000.00 5,000,000.00 5,000,000.00 4,996,250.00 5,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 10,000,000.00 5,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 4,999,500.00 5,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 20,000,000.00 10,000,000.00 5,610,000.00 10,000,000.00 10,000,000.00 5,000,000.00 12,006,600.00 5,000,000.00 5,000,000.00 5,000,000.00 10,000,000.00 5,000,000.00 5,000,000.00 21,750,000.00 9,996,000.00 3,635,000.00 9,998,500.00 10,000,000.00 739,216.00 10,000,000.00 3,775,000.00 1,223,162.50 6,242,375.00 9,911,500.00 98.402000 98.433000 98.433000 98.433000 98.662000 98.481000 99.584000 99.584000 98.433000 98.456000 98.310000 98.800000 98.762000 99.744000 99.535000 99.535000 99.535000 99.535000 99.535000 99.535000 99.535000 98.022000 99.809000 99.809000 99.535000 97.914000 98.357000 99.471000 99.471000 99.471000 97.914000 99.471000 99.334000 98.012000 99.334000 99.621000 98.461000 99.349000 99.334000 99.334000 99.334000 99.334000 99.334000 98.357000 98.461000 99.175000 99.334000 99.334000 99.334000 99.175000 100.054000 100.093000 100.118000 98.913000 98.265000 9,840,200.00 4,921,650.00 9,843,300.00 4,921,650.00 4,933,100.00 4,924,050.00 5,477,120.00 4,979,200.00 9,843,300.00 4,922,800.00 4,915,500.00 4,940,000.00 4,938,100.00 4,987,200.00 4,976,750.00 4,976,750.00 4,976,750.00 9,953,500.00 4,976,750.00 9,953,500.00 9,953,500.00 9,802,200.00 4,990,450.00 4,990,450.00 4,976,750.00 9,791,400.00 9,835,700.00 4,973,550.00 9,947,100.00 9,947,100.00 4,895,700.00 19,894,200.00 9,933,400.00 5,498,473.20 9,933,400.00 9,962,100.00 4,923,050.00 11,921,880.00 4,966,700.00 4,966,700.00 4,966,700.00 9,933,400.00 4,966,700.00 4,917,850.00 21,415,267.50 9,917,500.00 3,610,790.90 9,933,400.00 9,933,400.00 745,796.00 10,005,400.00 3,778,510.75 1,226,445.50 6,182,062.50 9,826,500.00 -159,800.00 -77,100.00 -156,700.00 -78,350.00 -66,900.00 -75,950.00 -21,230.00 -20,800.00 -156,700.00 -77,200.00 -84,500.00 -56,250.00 -61,900.00 -12,800.00 -23,250.00 -23,250.00 -23,250.00 -46,500.00 -23,250.00 -46,500.00 -46,500.00 -197,800.00 -9,550.00 -9,050.00 -23,250.00 -208,600.00 -164,300.00 -26,450.00 -52,900.00 -52,900.00 -104,300.00 -105,800.00 -66,600.00 -111,526.80 -66,600.00 -37,900.00 -76,950.00 -84,720.00 -33,300.00 -33,300.00 -33,300.00 -66,600.00 -33,300.00 -82,150.00 -334,732.50 -78,500.00 -24,209.10 -65,100.00 -66,600.00 6,580.00 5,400.00 3,510.75 3,283.00 -60,312.50 -85,000.00 4.072 4.107 4.108 4.108 4.173 4.151 2.707 2.707 4.108 4.149 4.154 4.137 4.154 2.703 2.781 2.781 2.781 2.781 2.781 2.781 2.781 4.226 2.277 2.277 2.781 4.209 4.251 2.785 2.785 2.785 4.209 2.785 2.841 4.212 2.841 2.367 4.269 2.954 2.841 2.841 2.841 2.841 2.841 4.251 4.265 2.882 2.841 2.841 2.841 2.875 2.528 2.630 2.856 3.847 4.354 4.181 4.216 4.216 4.216 4.238 4.238 2.742 2.742 4.216 4.241 4.241 4.219 4.241 2.740 2.819 2.819 2.819 2.819 2819 2.819 2.819 4.315 2.299 2.299 2.819 4.293 4.332 2.819 2.819 2.819 4.293 2.819 2.877 4.299 2.877 2.386 4.353 2.992 2.877 2.877 2.877 2.877 2.877 4.332 4353 2.912 2.877 2.877 2.877 2.912 2.578 2.685 2.912 3.910 4.449 HLB DISC NOTES 13385YE0 13385XL5 13385TJ5 13385TW6 13385UJ3 13385VA1 13385U06 13385UD6 13385VH6 13385UD6 13385UL8 13385UL8 13385UL8 FHLB DISC NOTE FHLB DISC NOTE FHLB DISC NOTE FHLB DISC NOTE FHLB DISC NOTE FHLB DISC NOTE FHLB DISC NOTE FHLB DISC NOTE FHLB DISC NOTE FHLB DISC NOTE FHLB DISC NOTE FHLB DISC NOTE FHLB DISC NOTE 06/17/2014 05/30/2014 02/21/2014 03/05/2014 03/17/2014 04/02/2014 03/12/2014 03/12/2014 04/09/2014 03/12/2014 03/19/2014 03/19/2014 03/19/2014 .180 .170 .090 .090 .090 .080 .095 .090 .090 .090 .105 .100 .100 .180 .170 .090 .090 .090 .080 .095 .090 .090 .090 .105 .100 .100 27,000,000.00 70,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 15,000,000.00 50,000,000.00 25,000,000.00 25,000,000.00 10,000,000.00 20,000,000.00 10,000,000.00 10,000,000.00 26,951,805.00 69,923,311.11 9,997,850.00 9,997,725.00 9,997,425.00 14,996,200.00 49,987,993.06 24,994,312.50 24,992,562.50 9,997,750.00 19,994,691.67 9,997,500.00 9,997,500.00 99.962889 99.971028 99.997167 99.993000 99.991667 99.987361 99.992222 99.997272 99.986389 99.992272 99.991444 99.991444 99.991444 26,989,980.00 69,979,719.44 9,999,716.67 9,999,300.00 9,999,166.67 14,998,104.17 49,996,111.11 24,998,055.56 24,996,597.22 9,999,222.22 19,998,288.89 9,999,144.44 9,999,144.44 38,175.00 56,408.33 1,866.67 1,575.00 1,741.67 1,904.17 8,118.05 3,743.06 4,034.72 1,472.22 3,597.22 1,644.44 1,644.44 .459 .410 .142 .175 .208 .252 .194 .194 .271 .194 .213 .213 .213 .460 .411 .142 .175 .208 .252 .195 .195 .271 .195 .214 .214 .214 HLB BONDS 13372KE3 FHLB 4Yr 133XWKVO FHLB 3Yr 13373CZ3 FHLB 3Yr 13374FU9 FHLB 3Yr 13376UF0 FHLB 2Yr 13378AC5 FHLB 3Yr 133783D1 FHLB 2YrNc 13378FY2 FHLB 2.25Yr 133781158 FHLB 3Yr 13 FHLB 3YrNc2YrE FHLB 2Yr 1337 6 FHLB 2Yr 13379FL8 FHLB 2Yr 13380UF2 FHLB 5YrNc3MoB 13381H24 FHLB 3Yr 133805TO FHLB 1Yr 02/04/2015 .182 .182 15,000,000.00 15,000,000.00 99.992000 03/14/2014 2.375 1.404 5,000,000.00 5,140,200.00 100.449000 05/27/2014 1.500 1.500 5,000,000.00 5,000,000.00 100.551000 07/07/2014 .910 .910 10,000,000.00 10,000,000.00 100.390000 01/29/2014 .375 .375 5,000,000.00 5,000,000.00 100.018000 05/22/2015 .500 .500 5,000,000.00 5,000,000.00 100.268000 02/13/2014 .300 .379 5,000,000.00 4,992,300.00 100.019000 05/30/2014 .375 .468 5,000,000.00 4,990,014.15 100.101000 05/04/2015 .700 .700 15,000,000.00 15,000,000.00 100.545000 04/30/2015 .650 .650 5,000,000.00 5,000,000.00 100.156000 04/30/2014 .340 .340 5,000,000.00 5,000,000.00 100.069000 05/19/2014 .350 .350 5,000,000.00 5,000,000.00 100.084000 05/19/2014 .350 .350 5,000,000.00 5,000,000.00 100.084000 10/10/2017 .625 .625 10,000,000.00 10,000,000.00 98.948000 01/16/2015 .250 .307 5,000,000.00 4,994,000.00 100.080000 01/23/2014 .270 .233 1,000,000.00 1,000,410.00 100.008000 14,998,800.00 -1,200.00 1.090 1.096 5,022,450.00 -117,750.00 .198 .200 5,027,550.00 27,550.00 .399 .403 10,039,000.00 39,000.00 .512 .515 5, 000, 900.00 900.00 .079 .079 5,013,400.00 13,400.00 1.384 1.389 5,000,950.00 8,650.00 .120 .121 5,005,050.00 15,035.85 .410 .411 15, 081, 750.00 81, 750.00 1.332 1.340 5,007,800.00 7,800.00 1.324 1.329 5,003,450.00 3,450.00 .328 .329 5,004,200.00 4,200.00 .380 .381 5,004,200.00 4,200.00 .380 .381 9,894,800.00 -105,200.00 3.720 3.778 5,004,000.00 10,000.00 1.038 1.044 1,000,080.00 -330.00 .063 .063 IVERISIDE COUNTY TREASURER -TAX COLLECTOR 55 lonth End Portfolio Holdings CUS1P Description Maturity Maturity 1'ar Book Market Date Coupon To Mat Value Value Price 13381SV8 FHLB 3YrNc6MoB 3381Y04 FHLB 2Yr 13381VK8 FHLB 3.5YrNc6MoB 133823V3 FHLB lYr 13381XU4 FHLB 5YrNc3MoB 13382DF7 FHLB 1Yr 133828C3 FHLB 1Yr 13382EG4 FHLB 1Yr 13382DF7 FHLB 1Yr 13382PH0 FHLB 5YrNc6MoB 13382PP2 FHLB 5YrNc3MoB 13382NP4 FHLB 13Mo 13382LE1 FHLB 3.5YrNc3MoB 13382SL8 FHLB 3.5YrNc3MoB 13380557 FHLB 4YrNc3MoA 13382Y31 FHLB 5YrNc6MoB 133833M1 FHLB 5YrNC3MoB 13383358 FHLB 5YrNc6MoB 133834M0 FHLB 5YrNc6MoB 133836N6 FHLB 5YrNc1YrB 133836N6 FHLB 5YrNc1YrB 13383CP4 FHLB 5YrNc3MoB 13383CP4 FHLB 5YrNc3MoB 13383CP4 FHLB 5YrNc3MoB 13383CP4 FHLB 5YrNc3MoB 133838M9 FHLB 5YrNc6MoB 13383EN7 FHLB 5YrNc3MoB t3383EP2 FHLB 5YrNc3MoB 13383G62 FHLB 3.5YrNc1MoB t3383G62 FHLB 3.5YrNc1 MoB t3383HH7 FHLB 3.5YrNc1YrB t3383BX8 FHLB 1Yr 33831(39 FHLB 5YrNc3MoB 13383KJ9 FHLB 5YrNc3MoB 13383KP5 FHLB lYr 13383KJ9 FHLB 5YrNc3MoB 13383MM0 FHLB 1Yr 13383NV9 FHLB 1Yr 13383NR8 FHLB 11Mo 13383P88 FHLB 1Yr 13383PZ8 FHLB 1Yr 13383PY1 FHLB 1Yr 13383Q79 FHLB 1Yr 13383TA9 FHLB 1YrNc6MoE 13383TT8 FHLB 1YrNc6MoE 13383UB5 FHLB 1YrNC6MoE t3383UE9 FHLB 1Yr 13383W64 FHLB 1Yr 13383WR8 FHLB 1YrNc6MoB 13383X22 FHLB 1Yr 13382LT8 FHLB 1.5Yr 13383XP1 FHLB 1Yr 13383YC9 FHLB 1YrNc6MoE 130A0A91 FHLB 1YrNc6MoE t30A0A91 FHLB 1YrNc6MoE 130A0081 FHLB 1Yr 130A0E63 FHLB 1YrNc6MoE 13381YP4 FHLB lYr 130A0FX3 FHLB 1.25Yr 130A0FX3 FHLB 1.25Yr 130A0H78 FHLB 5YrNc3MoB 01/29/2016 02/20/2015 07/29/2016 02/07/2014 02/13/2018 02/25/2014 03/06/2014 03/05/2014 02/25/2014 04/25/2018 04/25/2018 05/16/2014 10/11/2016 10/24/2016 10/11/2016 05/21/2018 05/23/2018 05/25/2018 05/29/2018 06/12/2018 06/12/2018 06/19/2018 06/19/2018 06/19/2018 06/19/2018 06/20/2018 06/20/2018 06/20/2018 12/19/2016 12/19/2016 12/27/2016 05/20/2014 06/27/2018 06/27/2018 06/30/2014 06/27/2018 06/20/2014 06/26/2014 05/01/2014 06/19/2014 07/10/2014 07/17/2014 07/25/2014 08/22/2014 07/29/2014 08/29/2014 08/12/2014 08/20/2014 09/15/2014 08/22/2014 09/22/2014 09/03/2014 09/24/2014 10/30/2014 10/30/2014 11/18/2014 01/02/2015 02/20/2015 02/18/2015 02/18/2015 12/27/2018 .500 .250 .575 .125 .500 .125 .180 .180 .125 .800 .850 .205 .625 .550 .700 .750 .750 .750 .750 .800 .800 .875 .875 .875 .875 .900 1.000 1.250 .750 .750 .700 .125 1.250 1.250 .160 1.250 .125 .190 .150 .200 .190 .190 .190 .200 .200 .200 .170 .170 .200 .125 .220 .125 .220 .250 .250 .125 .200 .250 .210 .210 1.500 .500 .293 .636 .177 .500 .194 .188 .193 .179 .800 .850 .205 .625 .550 .700 .750 .750 .750 .750 .800 .800 .875 .875 .875 .875 .908 1.000 1.250 .750 .750 .700 .167 1.250 1.250 .172 1.250 .175 .205 .182 .213 .202 .193 .177 .200 .200 .200 .177 .170 .200 .182 .188 .187 .220 .250 .250 .170 .200 .189 .210 .215 1.500 5,000,000.00 5,000,000.00 5,000,000.00 15,000,000.00 7,350,000.00 5,000,000.00 5,000,000.00 10,000,000.00 25,000,000.00 10,000,000.00 8,350,000.00 25,000,000.00 9,400,000.00 10,000,000.00 4,285,714.00 12,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 10,000,000.00 5,000,000.00 13,000,000,00 10,000,000.00 5,000,000.00 10,000,000.00 10,000,000.00 25,000,000.00 5,000,000.00 5,000,000.00 25,000,000.00 5,000,000.00 25,000,000.00 50,000,000.00 25,000,000.00 10,000,000.00 25,000,000.00 26,700,000.00 25,000,000.00 25,000,000.00 10,000,000.00 25,000,000.00 15,000,000.00 10,000,000.00 10,000,000.00 25,000,000.00 15,000,000.00 15,000,000.00 25,000,000.00 50,000,000.00 25,000,000.00 25,000,000.00 25,000,000.00 25,000,000.00 25,000,000.00 25,000,000.00 5,550,000.00 5,000,000.00 4,995,550.00 4,989,500.00 14,992,155.00 7,350,000.00 4,996,625.00 4,999,600.00 9,998,750.00 24,987,000.00 10,000,000.00 8,350,000.00 25,000,000.00 9,400,000.00 10,000,000.00 4,285,714.00 12,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 10,000,000.00 4,998,000.00 13,000,000.00 10,000,000.00 5,000,000.00 10,000,000.00 10,000,000.00 24,989,950.00 5,000,000.00 5,000,000.00 24,996,750.00 5,000,000.00 24,987,775.00 49,992,500.00 24,993,150.00 9,998,700.00 24,996,925.00 26,699,332.50 25,003,150.00 25,000,000.00 10,000,000.00 25,000,000.00 14,998,892.55 10,000,000.00 10,000,000.00 24,985,700.00 15,005,250.00 14,990,640.00 25,000,000.00 50,000,000.00 25,000,000.00 24,988,764.33 25,000,000.00 25,018,500.00 25,000,000.00 24,998,500.00 5550,000.00 99.907000 100.021000 99.737000 100.004000 99.112000 99.999000 100.009000 100.009000 99.999000 98.677000 98.349000 100.028000 99.637000 99.409000 99.642000 97.671000 97.584000 97.807000 98.067000 97.871000 97.871000 97.591000 97.591000 97.591000 97.591000 98.004000 97.747000 97.655000 99.529000 99.529000 99.692000 99.998000 98.676000 98.676000 100.005000 98.676000 99.992000 100.021000 100.007000 100.027000 100.021000 100.022000 100.022000 100.004000 100.005000 100.007000 100.010000 100.009000 100.009000 99.980000 100.038000 99.976000 100.001000 100.021000 100.021000 99.996000 100.007000 100.021000 99.977000 99.977000 99.836000 Market Unrealized Modified Years To Value Gain/Loss Duration Maturity 4,995,350.00 5,001,050.00 4,986,850.00 15,000,600.00 7,284,732.00 4,999,950.00 5,000,450.00 10,000,900.00 24,999,750.00 9,867,700.00 8,212,141.50 25,007,000.00 9,365,878.00 9,940,900.00 4,270,371.14 11,720,520.00 9,758,400.00 9,780,700.00 4,903,350.00 9,787,100.00 9,787,100.00 4,879,550.00 4,879,550.00 4,879,550.00 9,759,100.00 4,900,200.00 12,707,110.00 9,765,500.00 4,976,450.00 9,952,900.00 9,969,200.00 24,999,500.00 4,933,800.00 4,933,800.00 25,001,250.00 4,933,800.00 24,998,000.00 50,010,500.00 25,001,750.00 10,002,700.00 25,005,250.00 26,705,874.00 25,005,500.00 25,001,000.00 10,000,500.00 25,001,750.00 15,001,500.00 10,000,900.00 10,000,900.00 24,995,000.00 15,005,700.00 14,996,400.00 25,000,250.00 50,010,500.00 25,005,250.00 24,999,000.00 25,001,750.00 25,005,250.00 24,994,250.00 24,994,250.00 5,540,898.00 -4,650.00 5,500.00 -2,650.00 8,445.00 -65,268.00 3,325.00 850.00 2,150.00 12,750.00 -132,300.00 -137,858.50 7,000.00 -34,122.00 -59,100.00 -15,342.86 -279,480.00 -241,600.00 -219,300.00 -96,650.00 -212,900.00 -212,900.00 -120,450.00 -120,450.00 -120,450.00 -240,900.00 -97,800.00 -292,890.00 -234,500.00 -23,550.00 -47,100.00 -30,800.00 9,550.00 -66,200.00 -66,200.00 4,500.00 -66,200.00 10,225.00 18,000.00 8,600.00 4,000.00 8,325.00 6,541.50 2,350.00 1,000.00 500.00 1,750.00 2,607.45 900.00 900.00 9,300.00 450.00 5,760.00 250.00 10,500.00 5,250.00 10,235.67 1,750.00 -13,250.00 -5,750.00 -4,250.00 -9,102.00 2.060 1.133 2.548 .104 4.069 .153 .178 .175 .153 4.229 4.223 .372 2.746 2.786 2.742 4.306 4.312 4.317 4.328 4.359 4.359 4.370 4.370 4.370 4.370 4.370 4.359 4.332 2.928 2.928 2.953 .383 4.351 4.351 .495 4.351 .468 .484 .331 .465 .524 .543 .566 .641 .577 .666 .613 .635 .704 .641 .724 .671 .729 .832 .832 .879 1.000 1.133 1.128 1.128 4.789 2.079 1.140 .153 .178 .175 .153 4.318 4.318 .373 2.781 2.816 2.781 4.389 4.395 4.400 4.411 4.449 4.449 4.468 4.468 4.468 4.468 4.471 4.471 4.471 2.970 2.970 2.992 .384 4.490 4.490 .496 4.490 .468 .485 .332 .466 :641 .575 .660 .614 .636 .707 .641 .726 .674 .732 .830 .830 .882 1.005 1.140 1.134 1.134 4.992 FCB BONDS t331KHV5 FFCB 5Yr 1331K5K2 FFCB 2Yr 133EAHP6 FFCB 3Yr 133EANJ3 FFCB 3Yr 133EA2K3 FFCB 3YrNc3MoA 133EC4P6 FFCB 1Yr 133ECBA1 FFCB 2.5Yr 133ECAV6 FFCB 2Yr 133ECAV6 FFCB 2Yr 133ECCE2 FFCB 2Yr 133ECFD1 FFCB 1.25Yr 133ECFD1 FFCB 1.25Yr t33ECFD1 FFCB 1.25Yr 133ECFD1 FFCB 1.25Yr 133ECFD1 FFCB 1.25Yr 133ECCE2 FFCB 2Yr 133ECK26 FFCB 3YrNc1YrC 133ECNWO FFCB 1.25 Yr 133ECNWO FFCB 1.25Yr t33ECSV7 FFCB 1Yr 133ECFD1 FFCB 1.25Yr 133ECVH4 FFCB 1Yr t33EAT81 FFCB 2Yr 133ED7H9 FFCB 1.25Yr 04/20/2016 01/03/2014 03/16/2015 05/01/2015 09/28/2015 02/26/2014 07/24/2015 12/24/2014 12/24/2014 01/07/2015 05/13/2014 05/13/2014 05/13/2014 05/13/2014 05/13/2014 01/07/2015 04/11/2016 08/08/2014 08/08/2014 06/24/2014 05/13/2014 08/25/2014 09/11/2014 02/13/2015 .238 .400 .520 .500 .450 .200 .206 .250 .250 .250 .200 .200 .200 .200 .200 .250 .430 .170 .170 .150 .200 .180 .250 .190 .259 .420 .598 .520 .484 .208 .222 .307 .300 .306 .200 .200 .200 .200 .200 .281 .469 .170 .193 .172 .192 .180 .162 .205 10,000,000.00 6,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 4,995,000.00 15,000,000.00 25,000,000.00 10,000,000.00 10,000,000.00 25,000,000.00 25,000,000.00 25,000,000.00 25,000,000.00 25,000,000.00 15,000,000.00 5,000,000.00 10,000,000.00 15,000,000.00 25,000,000.00 5,350,000.00 25,000,000.00 3,800,000.00 25,000,000.00 9,995,000.00 5,997,600.00 4,988,430.00 4,997,000.00 4,995,000.00 4,994,500.50 14,996,061.75 24,971,750.00 9,990,170.00 9,988,850.00 25,000,000.00 25,000,000.00 25,000,000.00 25,000,000.00 25,000,000.00 14,991,750.00 4,994,250.00 10,000,000.00 14,995,907.55 24,994,500.00 5,350,358.45 25,000,000.00 3,803,114.97 24,995,300.00 100.098000 100.001000 100.318000 100.271000 100.003000 100.010000 100.076000 100.061000 100.061000 100.055000 100.025000 100.025000 100.025000 100.025000 100.025000 100.055000 99.729000 100.011000 100.011000 100.002000 100.025000 100.014000 100.060000 99.957000 10,009,800.00 6,000,060.00 5,015,900.00 5,013,550.00 5,000,150.00 4,995,499.50 15,011,400.00 25,015,250.00 10,006,100.00 10,005,500.00 25,006,250.00 25,006,250.00 25,006,250.00 25,006,250.00 25,006,250.00 15,008,250.00 4,986,450.00 10,001,100.00 15,001,650.00 25,000,500.00 5,351,337.50 25,003,500.00 3,802,280.00 24,989,250.00 14,800.00 2,460.00 27,470.00 16,550.00 5,150.00 999.00 15,338.25 43,500.00 15,930.00 16,650.00 6,250.00 6,250.00 6,250.00 6,250.00 6,250.00 16,500.00 -7,800.00 1,100.00 5,742.45 6,000.00 979.05 3,500.00 -834.97 -6,050.00 2.295 .008 1.201 1.326 1.731 .156 1.561 .978 .978 1.013 .364 .364 .364 .364 .364 1.013 2.262 .602 .602 .479 .479 .364 .364 .649 .649 .693 .696 1.114 1.121 2.304 .008 1.205 1.332 1.742 .156 1.562 .981 .981 1.019 .364 .364 .364 .364 .364 1.019 IVERISIDE COUNTY TREASURER -TAX COLLECTOR 56 7 Louth End Portfolio Holdings Maturity Maturity Par CUSIP Description Date Coupon To Mat Value Book Value 133ED7H9 t33EDAL6 t33ED7H9 t33EDBK7 FAMCA DISC NOTE FAMCA DISC NOTE FAMCA DISC NOTE t315LWF1 1315LXX1 1315LXQ6 FFCB 1.25Yr FFCB 1.75Yr FFCB 1.25Yr FFCB 3YrNC1YrA 4RMER MAC 1315PQK8 1315PVR7 1315PVR7 1315PYX1 1315PWS4 1315PXL8 1315PYL7 1315PYE3 f315PYY9 1315PRT8 t315PTM1 1315PTZ2 1315PA74 1315PX20 1315P6N4 13151159 FAMCA 3Yr FAMCA 3YrNc1YrB FAMCA 3YrNc1YrB FAMCA 1.25 Yr FAMCA 2Yr FAMCA 1Yr FAMCA 15Mo FAMCA 1Yr FAMCA 3Yr FAMCA 5YrNc6MoB FAMCA 1.25Yr FAMCA 1.25Yr FAMCA 15Mo FAMCA 1Yr FAMCA 1Yr FAMCA 2Yr Market Market Price Value 02/13/2015 .190 .203 25,000,000.00 24,996,000.00 99.957000 08/25/2015 .280 .280 15,000,000.00 15,000,000.00 99.856000 02/13/2015 .190 .203 25,000,000.00 24,996,075.00 99.957000 12/09/2016 .680 .731 5,000,000.00 4,992,500.00 99.482000 24,989,25000 14,978,400.00 24,989,250.00 4,974,100.00 05/15/2014 .180 .180 25,000,000.00 24,959,750.00 99.974000 24,993,500.00 05/01/2014 .120 .120 40,000,000.00 39,968,266.67 99.977000 39,990,800.00 06/10/2014 .120 .120 10,000,000.00 9,990,966.67 99.965000 9,996,500.00 06/03/2014 .110 .110 15,000,000.00 14,990,421.00 99.966000 14,994,900.00 07/02/2015 09/25/2015 09/25/2015 02/19/2014 01/23/2015 01/25/2014 04/25/2014 01/24/2014 01/28/2016 04/03/2018 06/10/2014 06/10/2014 08/11/2014 11/03/2014 10/10/2014 01/06/2015 .550 .470 .470 .250 .320 .190 .220 .200 .425 .750 .220 .220 .200 .230 .200 .185 .587 .495 .487 .265 320 .190 .220 .200 .425 .750 .220 .220 .213 .230 .200 .190 10,000,000.00 5,000,000.00 2,568,000.00 5,000,000.00 5,000,000.00 25,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 10,000,000.00 25,000,000.00 20,000,000.00 25,000,000.00 30,000,000.00 25,000,000.00 50,000,000.00 9,989,000.00 4,996,250.00 2,566,716.00 4,999,050.00 5,000,000.00 25,000,000.00 10,000,000.00 10,000,000.00 5,000,000.00 10,000,000.00 25,000,000.00 20,000,000.00 24,995,975.00 30,000,000.00 25,000,000.00 49,997,294.50 100.149000 100.063000 100.063000 100.016000 100.116000 100.004000 100.028000 100.004000 99.982000 98.968000 100.037000 100.037000 100.028000 100.042000 100.021000 99.990000 10,014,900.00 5,003,150.00 2,569,617.84 5,000,800.00 5,005,800.00 25,001,000.00 10,002,800.00 10,000,400.00 4,999,100.00 9,896,800.00 25,009,250.00 20,007,400.00 25,007,000.00 30,012,600.00 25,005,250.00 49,995,000.00 Unrealized Modified Years To Gain/Loss Duration Maturity -6,750.00 -21,600.00 -6,825.00 -18,400.00 33,750.00 22,533.33 5,533.33 4,479.00 1.115 1.646 1.115 2.903 .369 .331 .440 .421 25,900.00 1.490 6,900.00 1.722 2,901.84 1.722 1,750.00 .137 5,800.00 1.057 1,000.00 .068 2,800.00 .315 400.00 .066 -900.00 2.060 -103,200.00 4.173 9,250.00 .440 7,400.00 .440 11,025.00 .610 12,600.00 .837 5,250.00 .774 -2,294.50 1.012 1.121 1.649 1.121 2.942 .370 .332 .441 .422 1.501 1.734 1.734 .137 1.063 .068 .315 .066 2.077 4.258 .441 .441 .611 .841 .775 1.016 ZUNI BONDS 7521LH7 OHIO STATE GO 05/01/2014 )772JED0 CONNECTICUT ST 04/15/2014 )772JEE8 CONNECTICUT ST 04/15/2015 327226W6 TEXAS ST GO 04/01/2014 16415L73 LOUISIANA STATE 05/15/2016 '7521207 OHIO STATE 11/01/2014 75212E5 OH1O STATE 11/01/2015 i914AAE2 COUNTY OF RIVERSIDE 10/15/2014 32723FG9 TEXAS STATE 08/01/2015 32723EV7 TEXAS STATE 08/01/2015 12723FH7 TEXAS STATE 08/01/2016 4682T55 STATE OF NEW 04/01/2015 PER COCA-COLA CO 01/09/2014 .110 .110 50,000,000.00 49,982,888.89 99.997111 49,998,555.56 15,666.67 .025 .025 COCA COLA CO 01/24/2014 .120 .120 25,000,000.00 24,990,000.00 99.991694 24,997,923.61 7,923.61 .066 .066 TOYOTA MOTOR CORP 01/24/2014 .150 .150 25,000,000.00 24,987,500.00 99.991694 24,997,923.61 10,423.61 066 .066 TOYOTA MOTOR CORP 02/06/2014 .170 .170 50,000,000.00 49,971,666.67 99.987000 49,993,500.00 21,833.33 .101 .101 TOYOTA MOTOR CORP 01/09/2014 .200 .200 50,000,000.00 49,974,722.22 99.997111 49,998,555.56 23,83334 .025 .025 COCA-COLA CO 01/16/2014 .160 .160 25,000,000.00 24,989,777.78 99.994583 24,998,645.83 8,868.05 .044 .044 COCA-COLA CO 02/18/2014 .100 .100 10,000,000.00 9,996,750.00 99.982667 9,998,266.67 1,516.67 .134 134 EXXON MOBIL 01/27/2014 .070 .070 50,000,000.00 49,991,250.00 99.990611 49,995,305.56 4,055.56 .074 .074 TOYOTA MOTOR CORP 03/07/2014 .150 .150 15,000,000.00 14,992,500.00 99.969306 14,995,395.83 2,895.83 .180 .181 EXXON MOBIL 02/14/2014 .090 .090 25,000,000.00 24,994,500.00 99.984111 24,996,027.78 1,527.78 .123 .123 EXXON MOBIL 01/21/2014 .090 .090 25,000,000.00 24,996,062.50 99.992778 24,998,194.44 2,131.94 057 .058 Commonwealth Bank of 02/21/2014 .150 .150 25,000,000.00 24,990,416.67 99.981583 24,995,395.83 4,979.16 .142 .142 Australia 1411UCC7 UC REGENTS 03/12/2014 .120 .120 5,000,000.00 4,998,150.00 99.966944 4,998,347.22 197.22 .194 .195 1233HC51 TOYOTA MOTOR CORP 03/26/2014 .170 .170 10,000,000.00 9,994,333.33 99.960333 9,996,033.33 1,700.00 .232 .233 5959JCT8 GE CAPITAL CORP 03/27/2014 .140 .140 15,000,000.00 14,993,000.00 99.959861 14,993,979.17 97917 .235 .236 )229B800 EXXON MOBIL 02/28/2014 .080 .080 25,000,000.00 24,995,111.11 99.979056 24,994,76389 -347.22 161 .162 )121BCJ6 COCA-COLA CO 03/18/2014 .120 .120 25,000,000.00 24,991,166.67 99.964111 24,991,027.78 -138.89 .211 .211 )121BCK3 COCA-COLA CO 03/19/2014 .120 .120 10,000,000.00 9,996,466.67 99.963639 9,996,363.89 -102.78 .213 .214 i959JC35 GE CAPITAL CORP 03/03/2014 .120 .120 10,000,000.00 9,997,000.00 99.971194 9,997,119.44 119.44 .170 .170 t411UCC7 UC REGENTS 03/12/2014 .120 .120 25,000,000.00 24,991,833.33 99.966944 24,991,736.11 -97.22 .194 .195 1411UD44 UC REGENTS 04/04/2014 .130 .130 15,000,000.00 14,993,716.67 99.948333 14,992,250.00 -1,466.67 .257 .258 )229BC70 EXXON MOBIL 03/07/2014 .090 .090 50,000,000.00 49,989,000.00 99.969306 49,984,652.78 -4,347.22 .181 .181 3959)083 GE CAPITAL CORP 04/08/2014 .140 .140 20,000,000.00 19,990,666.67 99.946111 19,989,222.22 -1,444.45 .268 .268 1121 BAQ2 1233HAQ7 1233HB60 )233HA95 )121BAG4 )12188)7 )229BAT4 )233I-IC77 )229BBE6 )229BAM9 )272EBM9 1.190 .448 .672 .300 .540 .280 .630 .370 .390 .390 800 2.000 1.190 .448 .672 .300 .540 .280 .630 .370 .390 .390 .800 .428 2,000,000.00 2,000,000.00 2,000,000.00 18,105,000.00 12,070,000.00 9,355,000.00 9,390,000.00 1,635,000.00 1,830,000.00 1,270,000.00 1,500,000.00 2,275,000.00 2,000,00000 2,000,000.00 2,000,000.00 18,105,000.00 12,070,000.00 9,355,000.00 9,390,000.00 1,635,000.00 1,830,000.00 1,270,000.00 1,500,000.00 2,321,432.75 100.000000 100.000000 100.000000 100.000000 100.000000 100.000000 100.000000 100.000000 100.000000 100.000000 100.000000 102.041000 2,000,000.00 2,000,000.00 2,000,000.00 18,105,000.00 12,070,000.00 9,355,000.00 9,390,000.00 1,635,000.00 1,830,000.00 1,270,000.00 1,500,000.00 2,321,432.75 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 .329 .287 1.280 .249 2.353 .831 1.818 .786 1.577 1.577 2.551 1.243 .332 .288 1.288 .249 2.373 .836 1.836 .789 1.584 1.584 2.586 1.249 L411UCB9 i677KCB7 )121BCK3 i677KCH4 1233HDE1 i677KCC5 UC REGENTS CHEVRON COCA-COLA CO CHEVRON TOYOTA MOTOR CORP CHEVRON 03/11/2014 .180 .180 25,000,000.00 24,988,750.00 99.967417 24,991,854.17 3,104.17 .191 .192 03/11/2014 .100 .100 50,000,000.00 49,987,638.89 99.967417 49,983,708.33 -3,930.56 .191 .192 03/19/2014 .110 .110 25,000,000.00 24,992,590.28 99.963639 24,990,909.72 -1,680.56 .213 .214 03/17/2014 .110 .110 25,000,000.00 24,993,048.61 99.964583 24,991,145.83 -1,902.78 .208 .208 04/14/2014 .160 .160 25,000,000.00 24,986,777.75 99.942778 24,985,694.44 -1,08331 .284 .285 03/12/2014 .100 100 25,000,000.00 24,994,097.22 99.966944 24,991,736.11 -2,361.11 .194 .195 CDS 11= TORONTO DOMINION 01/06/2014 TORONTO DOMINION 02/03/2014 ROYAL BANK OF 03/07/2014 )112 S4 TORONTO DOMINION 03/13/2014 1112TTG9 TORONTO DOMINION 03/18/2014 1112TUH5 TORONTO DOMINION 03/26/2014 1112TWV2 TORONTO DOMINION 03/05/2014 .130 .160 .070 .150 .150 .130 .165 .130 .160 .070 .150 .150 .130 .165 45,000,000.00 25,000,000.00 25,000,000.00 20,000,000.00 50,000,000.00 10,000,000.00 20,000,000.00 45,000,000.00 25,000,000.00 25,000,000.00 20,000,000.00 50,000,000.00 10,000,000.00 20,000,000.00 100.000000 100000000 100.000000 100.000000 100.000000 100.000000 100.000000 45,000,000.00 25,000,000.00 25,000,000.00 20,000,000.00 50,000,000.00 10,000,000.00 20,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 .016 .093 .181 .197 .210 .232 .175 .016 .093 .181 .197 .211 .233 .175 IVERISIDE COUNTY TREASURER -TAX COLLECTOR 57 7 lonth End Portfolio Holdings Maturity Maturity Par Book Market Market Unrealized Modified Years To CUStP Uexrit+tiou Date Coupon Totttat Value Value Price Value Gain/Loss Duration Maturity IVERISIDE COUNTY TREASURER -TAX COLLECTOR 58 Full Compliance CThe Treasurer's Pooled Investment Fund was in FULL OMPLIANCE with the Treasurer's Statement of Investment Policy. Y The County's Investment Policy is more restrictive than the Califor- nia Government Code. This policy is reviewed annually by the County's Investment Oversight Committee and approved by the County Board of Supervisors. CIPAL BONDS U.S. TREASURIES LOCAL AGENCY 5 YEARS NO LIMIT OBLIGATIONS (LAO) FEDERAL AGENCIES 5 YEARS NO LIMIT COMMERCIAL PAPER (CP) ERTIFICATE & TIME DEPOSITS (NCD & TCD) REPURCHASE AGREEMENTS (REPO) REVERSE REPOS 1MEDIUM TERM NOTES (MTNO) CALTRUST SHORT TERM FUND MONEY MARKET MUTUAL FUNDS (MMF) LOCAL AGENCY INVESTMENT FUND (LAIF) CASH/DEPOSIT ACCOUNT 5 YEARS 30% GOVERNMENT CODE COUNTY INVESTMENT POLICY 5% 5 YEARS NO LIMIT NA 5 YEARS 100% NA 3 YEARS 2.5% INVESTMEi GRADE AAA 5 YEARS 100% NA 70 DAYS 40% Al/P1/F7 12.65°/ NA 1 YEAR 25% Combined Al/P1/F1 92 DAYS 20% NA 60 DAYS 60: DAYS AA- /Aa3/AA- 1.050 10% NA 20% AA/Aa2/AA DAILY 1.0% NA LIQUIDITY 20% " AAA by 2 0I3 RATINGS AGC. DAILY Max $50 million NA LIQUIDITY NA 1 Mutual Funds maturity may be interpreted as weighted average maturity not exceeding 60 days. 2 Or must have an investment advisor with not less than 5 years experience and with assets under management of $500,000,000. 6.17% 58.22% 3.25% 0.00% 0»00%_ 0.90% 0.00% THIS COMPLETES THE REPORT REQUIREMENTS OF CALIFORNIA GOVERNMENT CODE 53646 RIVERSIDE COUNTY TREASURER -TAX COLLECTOR 59 13 • County of Riverside Treasurer -Tax Collector Capital Markets 4080 Lemon Street, 4th Floor Riverside, CA 92502-2205 .co.xiversid. .ca. US (951) 955-3979 60 • AGENDA ITEM 7D • • • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: February 24, 2014 TO: Budget and Implementation Committee FROM: Marla Dye, Procurement Analyst THROUGH: Matt Wallace, Procurement Manager SUBJECT: Single Signature Authority Report STAFF RECOMMENDATION: This item is for the Committee to: 1) Receive and file the Single Signature Authority report for the second quarter ended December 31, 2013; and 2) Forward to the Commission for final action. BACKGROUND INFORMATION: Certain contracts are executed under single signature authority as permitted in the Commission's Procurement Policy Manual adopted in December 2012. The Executive Director is authorized to sign services contracts that are less than $100,000 individually and in an aggregate amount not to exceed $1 million in any given fiscal year. Additionally, in accordance with Public Utilities Code Section 130323(c), the Executive Director is authorized to sign contracts for supplies, equipment, materials, and construction of all facilities and works under $50,000 individually. The attached report details all contracts executed for the second quarter ended December 31, 2013, under the single signature authority granted to the Executive Director. The unused capacity of single signature authority for services at December 31, 2013 is $660,267. Attachment: Single Signature Authority Report as of December 31, 2013. Agenda item 7D 61 • CONSULTANT AM OUNT AVAILABLE July 1, 2013 Green Com, Inc. Sou thern California Region al Rail Authority Corner Stone Right of Way AECOM Thyssen Krupp Elevator. Americas..'. Bartel & Associates, Inc Express Transportation Systems, Inc Smith, Watts & M artinez LLC Areliano Ass ociates Avila & Pu tnam. PLC. AMOUNT USED AMO UNT USED AMOUNT REMAINING throu gh December 31, 2013 • SINGLE SIGNATURE AUTHORITY AS OF DECE MBER 31, 2013 DESCRIPTION OF RVICES Public outreach services on th e 1-215, Blaine St. to MLK Blvd Project Switchi ng Passenger Train Traffic at Pachappa Crossing over SR -91 HOV Project Relocati on App eal Hearing Officer Services Construction Contract Change Order Supp Juncti on HOV Project or the I.215/SR-60 East Elevator Maintena nce Service - North Main Corona Station Actu arial Valuation Services f or OPEB Calculatio n Taxi Service During the Maintenance of the P edestrian Crossing Extra Work Public .Opinion Survey -Quality of Life Issues In Riversid County Re lease spons orship funds for specific event purpo the SR -91 CIP and PVL groundbreaking event s. Legal Services for Eminen t Domain on the SR -91 CIP . ORIGINAL CONTRACT` AMOUN T PAII A ouNT $1,000,000.00 10,000 .00 30,000.00 10,000.00 58,175,23 54,000 .00 2,500.00 1,257.20 50,000 .00 339,732 .43 339,732.43 $660,267.57 10,000.00 0 .00 5,548.59 REMAINING CONTRACT:AMOt1NT 0.00 30,000 .00 4,451 .41 58,175.23 46,79 I'i2,500.00 0 .00 63,800,00 25,515 ,9 ;'43,426.24 None N/A Agreements hat under Public Utiiitles Code _Ma rla D e Prepared by Note : Shaded Theresia Trevino Reviewed by re a represents new co ntracts listed in thesecond qu arter.] • 62 AGENDA ITEM 8 • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: February 24, 2014 TO: Budget and Implementation Committee FROM: Jennifer Harmon, Office and Board Services Manager THROUGH: John Standiford, Deputy Executive Director SUBJECT: Agreement with CTG Inc. of Illinois dba Novanis for Information Technology Support Services STAFF RECOMMENDATION: This item is for the Committee to: 1) Award Agreement No. 14-12-062-00 with CTG Inc. of Illinois dba Novanis (Novanis) for information technology (IT) support services for a three-year term, and two one-year options to extend the agreement, in an amount not to exceed $680,000; 2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to execute the agreement on behalf of the Commission; and 3) Forward to the Commission for final action. BACKGROUND INFORMATION: Since the inception of the Commission, different consultants have been utilized to support its IT needs, including the county of Riverside, Jaguar Computer Systems, Inc., and ProCompNet. These services provided for basic support under a purchase order. Due to the growth and complexity of the Commission's programs and projects, including multiple office locations, there is a need to go beyond the basic services and provide comprehensive IT services for the Commission. These new services will include: 1) an initial assessment of the Commission's infrastructure including hardware, software, network design, and connectivity; 2) server and network administration services including monitoring of devices; 3) e-mail, security, and backup services including a comprehensive disaster recovery and business continuity plan; and 4) IT planning for future Commission needs. Procurement Process Staff determined the weighted factor method of source selection to be the most appropriate for this procurement, as it allows the Commission to identify the most advantageous proposal with price and other factors considered. Non -price factors include elements such as experience, qualifications of firms and personnel, and the ability to respond to the requirements set forth under the terms of Request for Proposals (RFP) No. 14-12-062-00. The RFP was released by staff and advertised on December 5, 2013. A pre -proposal conference was held at the Commission's office on December 12, 2013, and four firms attended. Agenda Item 8 63 Commission staff responded to all questions submitted by potential proposers prior to the December 19, 2013, deadline date. Five firms — Evolve Partners, Inc.; Jaguar Computer Systems, Inc.; Novanis; US Computers Inc.; and X -act Technology Solutions — submitted proposals prior to the January 9, 2014 submittal deadline. Each of the five firms submitted responsive and responsible proposals. Utilizing the evaluation criteria set forth in the RFP, the five firms were evaluated and scored by an evaluation committee comprised of Commissioner Ben Benoit and Commission staff. Based on the evaluation committee's assessment of the written proposals and pursuant to the terms of the RFP, the evaluation committee short-listed and invited three firms to the interview phase of the evaluation and selection process. Interviews of the short-listed firms — Evolve Partners, Inc.; Jaguar Computer Systems, Inc.; and Novanis — were conducted on February 5. Pursuant to the terms of the RFP, the evaluation committee recommends an agreement be awarded to Novanis, as that firm earned the highest total evaluation score under the evaluation criteria of the RFP. While Novanis originated in Illinois, it has been serving public agencies in Southern California since 2002 including the Los Angeles County Metropolitan Transportation Authority, Orange County Transportation Authority, city of Los Angeles, and Alameda County. The recommended firm labor rates were competitively established and considered fair and reasonable based upon adequate price competition under the above referenced procurement process, and staff evaluation of historical costs paid by the Commission for the same or similar services. Staff is confident that the recommended firm will provide the Commission with quality service at the best possible price. Special projects will be assigned on a task order basis; therefore, the Commission -authorized funds are not guaranteed to the consultant. These services will be provided through the Commission's issuance of contract task orders to the contractor on an as -needed basis. The Commission's standard form professional services agreement will be entered into with the consultant subject to any changes approved by the Executive Director, and pursuant to legal counsel review. Staff oversight of the contract will work to maximize the effectiveness of the consultants and minimize the costs to the Commission. Financial Information In Fiscal Year Budget: No N/A Year: FY 2013/14 FY 2014/15+ Amount: $ 50,000 $630,000 Source of Funds: Measure A, Local Transportation Funds, Motorist Assistance Funds Budget Adjustment: Yes N/A GL/Project Accounting No.: 001001 65520 00000 0001 101 12 65520 Fiscal Procedures Approved: � Date: 02/19/14 Attachment: Agreement No. 14-12-062-00 (Draft) • • • Agenda Item 8 64 • • • Agreement No. 14-12-062-00 RIVERSIDE COUNTY TRANSPORTATION COMMISSION AGREEMENT FOR INFORMATION TECHNOLOGY SUPPORT SERVICES WITH [ CONSULTANT 1 1. PARTIES AND DATE. This Agreement is made and entered into this _ day of , 201_, by and between the RIVERSIDE COUNTY TRANSPORTATION COMMISSION ("the Commission") and [ NAME OF FIRM ] ("Consultant"), a [ LEGAL STATUS OF CONSULTANT e.g., CORPORATION ]. 2. RECITALS. 2.1 Consultant desires to perform and assume responsibility for the provision of certain professional consulting services required by Commission on the terms and conditions set forth in this Agreement. Consultant represents that it is a professional consultant, experienced in providing [ INSERT TYPE OF SERVICES ] services to public clients, is licensed in the State of California, and is familiar with the plans of Commission. 2.2 Commission desires to engage Consultant to render certain consulting services for the [ INSERT PROJECT NAME 1 Project ("Project") as set forth herein. 3. TERMS. 3.1 General Scope of Services. Consultant promises and agrees to furnish to Commission all labor materials, tools, equipment, services, and incidental and customary work necessary to fully and adequately provide professional consulting services and advice on various issues affecting the decisions of Commission regarding the Project and on other programs and matters affecting Commission, hereinafter referred to as "Services". The Services are more particularly described in Exhibit "A" attached hereto and incorporated herein by reference. All Services shall be subject to, and performed in accordance with, this Agreement, the exhibits attached hereto and incorporated herein by reference, and all applicable local, state, and federal laws, rules and regulations. 3.2 Term. The term of this Agreement shall be from the date first specified above to , unless earlier terminated as provided herein. 17336.00000\7415357.2 65 Consultant shall complete the Services within the term of this Agreement and shall meet any other established schedules and deadlines. 3.3 Schedule of Services. Consultant shall perform the Services expeditiously, within the term of this Agreement, and in accordance with the Schedule of Services set forth in Exhibit "B" attached hereto and incorporated herein by reference. Consultant represents that it has the professional and technical personnel required to perform the Services in conformance with such conditions. In order to facilitate Consultant's conformance with the Schedule, the Commission shall respond to Consultant's submittals in a timely manner. Upon request of the Commission, Consultant shall provide a more detailed schedule of anticipated performance to meet the Schedule of Services. 3.4 Independent Contractor; Control and Payment of Subordinates. The Services shall be performed by Consultant under its supervision. Consultant will determine the means, method and details g' of performing the Services subject to the requirements of this Agreement. Commission retains Consultant on an independent contractor basis and Consultant is not an employee of Commission. Consultant retains the right to perform similar or different services for others during the term of this Agreement. Any additional personnel performing the Services under this Agreement on behalf of Consultant shall not be employees of Commission and shall at all times be under Consultant's exclusive direction and control. Consultant shall pay all wages, salaries, and other amounts due such personnel in connection with their performance of Services under this Agreement and as required bylaw. Corsltltant shall be responsible for all reports and, obligations respecting such additionalpersonnel, including, but not limited to: social security taxes, income tax withholding,'` unemployment insurance, and workers' compensation insurance. Conformance to Applicable Requirements. All work prepared by Consultant shall be subject to the approval of Commission. 3.6 Substitution of Kay Personnel. Consultant has represented to Commission that certain key personnel will perform and coordinate the Services under this Agreement, Should one or more of such personnel become unavailable, Consultant may substitute other personnel of at least equal competence and experience upon written approval of Commission. In the event that Commission and Consultant cannot agree as to the substitution of key personnel, Commission shall be entitled to terminate this Agreement for cause, pursuant to provisions of Section 3.16 of this Agreement. The key personnel for performance of this Agreement are as follows: 3.7 Commission's Representative. Commission hereby designates [ INSERT NAME OR TITLE ], or his or her designee, to act as its representative for the performance of this Agreement ("Commission's Representative"). Commission's representative shall have the power to act on behalf of Commission for all purposes • • 17336.00000\7415357.2 APPENDIX B - 2 66 • • • under this Agreement. Consultant shall not accept direction from any person other than Commission's Representative or his or her designee. 3.8 Consultant's Representative. Consultant hereby designates [ INSERT NAME OR TITLE ], or his or her designee, to act as its representative for the performance of this Agreement ("Consultant's Representative"). Consultant's Representative shall have full authority to represent and act on behalf of the Consultant for all purposes under this Agreement. The Consultant's Representative shall supervise and direct the Services, using his or her best skill and attention, and shall be responsible for all means, methods, techniques, sequences and procedures and for the satisfactory coordination of all portions of the Services under this Agreement. 3.9 Coordination of Services. Consultant agrees to work closely with Commission staff in the performance of Services and shall be available to Commission's staff, consultants and other staff at all reasonable times. 3.10 Standard of Care; Licenses. Consultant shall perform the Services under this Agreement in a skillful and competent manner, consistent with the standard generally recognized as being employed by professionals in the same discipline in the State of California. Consultant represents and maintains that it is skilled in the professional calling necessary to perform the Services. Consultant warrants that all employees and subcontractors shall have sufficient skill and experience to perform the Services assigned to them. Finally, Consultant represents that it, its employees and subcontractors have all licenses, permits, qualifications and approvals of whatever nature that are legally required to perform the Services and that such licenses and approvals shall be maintained throughout the, term of this Agreement. Consultant shall perform, at its own cost and expense and without reimbursement from Commission, any Services necessary to correct errors or omissions which are caused by the Consultant's failure to comply with the standard of care provided for herein, and shall be fully responsible to the Commission for all damages and other liabilities provided for in the indemnification provisions of this Agreement arising from the Consultant's errors and omissions. 3.11 Laws and Regulations. Consultant shall keep itself fully informed of and in compliance with all local, state and federal laws, rules and regulations in any manner affecting the performance of the Project or the Services, including all Cal/OSHA requirements, and shall give all notices required by law. Consultant shall be liable for all violations of such laws and regulations in connection with Services. If the Consultant performs any work knowing it to be contrary to such laws, rules and regulations and without giving written notice to Commission, Consultant shall be solely responsible for all costs arising therefrom. Consultant shall defend, indemnify and hold Commission, its officials, directors, officers, employees and agents free and harmless, pursuant to the indemnification provisions of this Agreement, from any claim or liability arising out of any failure or alleged failure to comply with such laws, rules or regulations. 17336.00000\7415357.2 APPENDIX B - 3 67 3.12 Insurance. 3.12.1 Time for Compliance. Consultant shall not commence work under this Agreement until it has provided evidence satisfactory to the Commission that it has secured all insurance required under this section. In addition, Consultant shall not allow any subcontractor to commence work on any subcontract until it has secured all insurance required under this section. 3.12.2 Minimum Requirements. Consultant shall, at its expense, procure and maintain for the duration of the Agreement insurance against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the Agreement by the Consultant, its agents, representatives, employees or subcontractors. Consultant shall also require all of its subcontractors to procure and maintain the same insurance for the duration of the Agreement. Such insurance shall meet at least the following minimum levels of coverage: (A) Minimum Scope of Insurance. Coverage shall be at least as broad as the latest version of the following: (1) General Liability Insurance Services Office Commercial General Liability coverage (occurrence form CG 0001); (2) Automobile Liability: Insurance Services Office Business Auto Coverage form number CA 0001, code 1 (any auto); and (3) Workers' Compensation and Employer's Liability: Workers' Compensation insurance as required by the State of California and Employer's Liability Insurance. (B) Minimum. Limits of Insurance. Consultant shall maintain limits no less than: (1) General Liability: $2,000,000 per occurrence for bodily injury, personal injury and property damage, If Commercial General Liability Insurance or other form ,with general>>,agregae limit is used, either the general aggregate limit shall apply separatelyto this:Agreement/location or the general aggregate limit shall be twice the required occurrence°jimit; (2) Automobile Liability: $1,000,000 per accident for bodily injury and property damage; and (3) if Consultant has an employees, Workers' Compensation and Employer's Liability: Workers' Compensation limits as required by the Labor Code of the State of California. Employer's Practices Liability limits of $1,000,000 per accident. ,12.3 Professional Liability. Consultant shall procure and maintain, and require its sub -consultants to procure and maintain, for a period of five (5) years following completion of the Project, errors and omissions liability insurance appropriate to their profession. Such insurance shall be in an amount not less than $1,000,000 per claim. 3.12.4 Insurance Endorsements. The insurance policies shall contain the following provisions, or Consultant shall provide endorsements on forms approved by the Commission to add the following provisions to the insurance policies: 17336.00000\7415357.2 APPENDIX B - 4 • • • 68 • • • (A) General Liability. The general liability policy shall be endorsed to state that: (1) the Commission, its directors, officials, officers, employees and agents shall be covered as additional insureds with respect to the Services or operations performed by or on behalf of the Consultant, including materials, parts or equipment furnished in connection with such work; and (2) the insurance coverage shall be primary insurance as respects the Commission, its directors, officials, officers, employees and agents, or if excess, shall stand in an unbroken chain of coverage excess of the Consultant's scheduled underlying coverage. Any insurance or self- insurance maintained by the Commission, its directors, officials, officers, employees and agents shall be excess of the Consultant's insurance and shall not be called upon to contribute with it in any way. (B) Automobile Liability. The automobile liability policy shall be endorsed to state that: (1) the Commission, its directors, officials, officers, employees and agents shall be covered as additional insureds with respect to the ownership, operation, maintenance, use, loading or unloading of any auto owned, leased, hired or borrowed by the Consultant or for which the Consultant is responsible; and (2) the insurance coverage shall be primary insurance as respects the Commission, its directors, officials, officers, employees and agents, or if excess, shall stand in an unbroken chain of coverage excess of the Consultant's scheduled underlying coverage. Any insurance or self-insurance maintained by the Commission, its directors, officials, officers, employees and agents shall be excess of the Consultant's insurance and shall not be called upon to contribute with it in any way. (C) Workers' Compensation and Employers Liability Coverage. The insurer shall agree to waive all rights of subrogation against the Commission, its directors, officials, officers, employees and agents for losses paid under the terms of the insurance policy which arise from work performed by the Consultant. D) All Coverages. Each insurance policy required by this Agreement shall be endorsed to state that: (A) coverage shall not be suspended, voided or canceled except after thirty (30) days prior written notice by certified mail, return receipt requested, has been given to the Commission; and, (B) any failure to comply with reporting or other provisions of the policies, including breaches of warranties, shall not affect coverage provided to the Commission, its directors, officials, officers, employees and agents. 3.12.5 Deductibles and Self -Insurance Retentions. Any deductibles or self -insured retentions must be declared to and approved by the Commission. If the Commission does not approve the deductibles or self -insured retentions as presented, Consultant shall guarantee that, at the option of the Commission, either: (1) the insurer shall reduce or eliminate such deductibles or self -insured retentions as respects the Commission, its directors, officials, officers, employees and agents; or, (2) the Consultant shall procure a bond guaranteeing payment of losses and related investigation costs, claims and administrative and defense expenses. 17336.00000\7415357.2 APPENDIX B - 5 69 3.12.6 Acceptability of Insurers. Insurance is to be placed with insurers with a current A.M. Best's rating no less than A:VIII, licensed to do business in California, and satisfactory to the Commission. 3.12.7 Verification of Coverage. Consultant shall furnish Commission with original certificates of insurance and endorsements effecting coverage required by this Agreement on forms satisfactoryto the Commission. The certificates and endorsements for each insurance policy shall be signed by a person authorized by that insurer to bind coverage on its behalf. All certificates and endorsements must be received and approved by the Commission before work commences. The Commission reserves the right to require complete, certified copies of all required insurance policies, at any time. 3.13 Safety. Consultant shall execute and maintain its work so as to avoid injury or damage to any person or property. In carrying out its Services, the Consultant shall at all times be in compliance with all applicable local, state and federal laws, rules and regulations, and shall exercise all necessary precautions for the safety of employees appropriate to the nature of the work and the conditions under which the work is to be performed. Safety precautions as applicable shall include, but shall not be limited to: (A) adequate life protection and life saving equipment and procedures; (B) instructions in accident preventionmfor all employees and subcontractors, such as safe walkways, scaffolds, fall protection ladders, -.bridges, gang planks, confined space procedures, trenchingand'shoring, equipment and other safety devices, equipment and wearing apparel as arenecessary or laysrul required to prevent accidents or injuries; and (C) adequate facilities for -the proper; inspection and maintenance of all safety measures. Paymen 3.14.1 Compensation. Consultant shall receive compensation, including authorized reimbursements, for all Services rendered under this Agreement at the rates set forth in Exhibit "C" attached hereto. The total compensation shall not exceed [ INSERT WRITTEN DOLLAR AMOUNT ] ($[ INSERT NUMERICAL DOLLAR AMOUNT ]) without written approval of Commission's Executive Director ("Total Compensation"). Extra Work may be authorized, as described below, and if authorized, will be compensated at the rates and manner set forth in this Agreement. 3.14.2 Payment of Compensation. Consultant shall submit to Commission a monthly statement which indicates work completed and hours of Services rendered by Consultant. The statement shall describe the amount of Services and supplies provided since the initial commencement date, or since the start of the subsequent billing periods, as appropriate, through the date of the statement. Commission shall, within 45 days of receiving such statement, review the statement and pay all approved charges thereon. 17336.00000\7415357.2 APPENDIX B - 6 • • • 70 • • • 3.14.3 Reimbursement for Expenses. Consultant shall not be reimbursed for any expenses unless authorized in writing by Commission. 3.14.4 Extra Work. At any time during the term of this Agreement, Commission may request that Consultant perform Extra Work. As used herein, "Extra Work" means any work which is determined by Commission to be necessary for the proper completion of the Project, but which the parties did not reasonably anticipate would be necessary at the execution of this Agreement. Consultant shall not perform, nor be compensated for, Extra Work without written authorization from Commission's Executive Director. 3.15 Accounting Records. Consultant shall maintain complete and accurate records with respect to all costs and expenses incurred and fees charged under this Agreement. Ai such records shall be clearly identifiable. Consultant shall allow a representative of Commission during normal business hours to examine, audit, and make transcripts or copies of such records and any other documents created pursuant to this Agreement. Consultant shall allow inspection of all work, data, documents, proceedings, and activities related to the Agreement for a period of three (3) years from the date of final payment under this Agreement. 3.16 Termination of Agreement. 3.16.1 Grounds for Termination. Commission may, by written notice to Consultant, terminate the whole or any part of this Agreement at any time and without cause by giving written notice to= Consultant of such termination, and specifying the effective date thereof. Upon termination, Consultant shall be compensated only for those services which have been fully and adequately rendered to Commission through the effective date of the termination, and Consultant shall be entitled to no further compensation. Consultant may not terminate this Agreement except for cause. 3.16.2 Effect of Termination. If this Agreement is terminated as provided herein, Commission may: require Consultant to provide all finished or unfinished Documents and Data, as 'defined below, and other information of any kind prepared by Consultant in connection with the performance of Services under this Agreement. Consultant shall be required to provide such document and other information within fifteen (15) days of the request. 3.16.3 Additional Services. In the event this Agreement is terminated in whole or in part as provided herein, Commission may procure, upon such terms and in such manner as it may determine appropriate, services similar to those terminated. 3.17 Delivery of Notices. All notices permitted or required under this Agreement shall be given to the respective parties at the following address, or at such other address as the respective parties may provide in writing for this purpose: 17336.00000\7415357.2 APPENDIX B - 7 71 • CONSULTANT: Attn: COMMISSION: Riverside County Transportation Commission 4080 Lemon Street, 3rd Floor Riverside, CA 92501 Attn: Executive Director Such notice shall be deemed made when personally delivered or when mailed, forty-eight (48) hours after deposit in the U.S. Mail, first class postage prepaid and addressed to the party at its applicable address. Actual notice shall be deemed adequate notice on the date actual notice occurred, regardless of the method of service. 3.18 Ownership of Materials/Confidentiality 3.18.1 Documents & Data. This Agreement creates an exclusive and perpetual license for Commission to copy, use, modify, reuse, or sub -license any and all copyrights and designs embodied in -°plans, specifications, studies, drawings, estimates, materials, data and other documents or works of authorship fixed in any tangible medium of expression, including but not limited to, physical drawings or data magnetically or otherwise recorded on computer diskettes, which are prepared or caused to be prepared by Consultant under this Agreement ("Documents & Data"). Consultant shall require al lµ subcontractors to agree in writing that Commission is granted an exclusive andperpetual license for any Documents & Data the subcontractor prepares under, this Agreement. Consultant represents and warrants that Consultant has the legal right to grant the exclusive and perpetual license for all such Documents & Data. Consultant makes no such representation -and warranty in regard to Documents & Data which were prepared by design professionals other than Consultant or provided to Consultant by the Commission. Commission shall not be limited in any way in its use of the Documents & Data at any time, provided that any such use not within the purposes intended by this Agreement shall be at Commission's sole risk. 3.18.2 Intellectual Property. In addition, Commission shall have and retain all right, title and interest (including copyright, patent, trade secret and other proprietary rights) in all plans, specifications, studies, drawings, estimates, materials, data, computer programs or software and source code, enhancements, documents, and any and all works of authorship fixed in any tangible medium or expression, including but not limited to, physical drawings or other data magnetically or otherwise recorded on computer media ("Intellectual Property") prepared or developed by or on behalf of Consultant under this Agreement as well as any other such Intellectual Property prepared or developed by or on behalf of Consultant under this Agreement. 17336.00000\7415357.2 APPENDIX B - 8 72 • • • The Commission shall have and retain all right, title and interest in Intellectual Property developed or modified under this Agreement whether or not paid for wholly or in part by Commission, whether or not developed in conjunction with Consultant, and whether or not developed by Consultant. Consultant will execute separate written assignments of any and all rights to the above referenced Intellectual Property upon request of Commission. Consultant shall also be responsible to obtain in writing separate written assignments from any subcontractors or agents of Consultant of any and all right to the above referenced Intellectual Property. Should Consultant, either during or following termination of this Agreement, desire to use- any of the above -referenced Intellectual Property, it shall first obtain the written approval of the Commission. All materials and documents which were developed or prepared by the Consultant for general use prior to the execution of this Agreement and which are not the copyright of any other party or publicly available and any other computer applications, shall continue to be the property of the Consultant. However, unless otherwise identified and stated prior to execution of this Agreement, Consultant represents and warrants that it has the right to grant the exclusive and perpetual license for all such Intellectual Property as provided herein. Commission further is granted by Consultant a non-exclusive and perpetual license to copy, use, modify =or sublicense any and all Intellectual Property otherwise owned by Consultant which is the basis or foundation for any derivative, collective, insurrectional, or supplemental work created under this Agreement. 3.18.3 Confidentiality. All ideas, memoranda, specifications, plans, procedures, drawings, descriptions, computer program data, input record data, written information, and other Documents and Data 'either created by or provided to Consultant in connection with the performance of this Agreement shall be held confidential by Consultant. Such materials shall not, without the prior written consent of Commission, be used by Consultant for any purposes other than the performance of the Services. Nor shall such materials be disclosed to any person or entity not connected with the performance of the Services or the Project. Nothing furnished to Consultant which is otherwise known to Consultant or is generally known, or has become known, to the related industry shall be deemed confidential. Consultant shall not use Commission's name or insignia, photographs of the Project, or any publicity pertaining to the Services or the Project in any magazine, trade paper, newspaper, television or radio production or other similar medium without the prior written consent of Commission. Should Consultant receive a subpoena or court order related to this Agreement, the Services or the Project, Consultant shall immediately provide written notice of the subpoena or court order to the Commission in order to allow the Commission to pursue legal remedies designed to limit any confidential information required to be disclosed or to assure the confidential treatment of the information 17336.00000\7415357.2 APPENDIX B - 9 73 following disclosure. Consultant shall not respond to any such subpoena or court order until notice to the Commission is provided as required herein, and shall cooperate with the Commission in responding to the subpoena or court order. 3.18.4 Infringement Indemnification. Consultant shall defend, indemnify and hold the Commission, its directors, officials, officers, employees, volunteers and agents free and harmless, pursuant to the indemnification provisions of this Agreement, for any alleged infringement of any patent, copyright, trade secret, trade name, trademark, or any other proprietary right of any person or entity in consequence of the use on the Project by Commission of the Documents & Data, including any method, process, product, or concept specified or depicted. 3.19 Cooperation; Further Acts. The Parties shall fully cooperate with one another, and shall take any additional acts or sign any additional documents as may be necessary, appropriate or convenient to attain the purposes of this Agreement. 3.20 Attorney's Fees. If either party commences an action against the other party, either legal, administrative or otherwise, arising out of or inconnection with this Agreement, the prevailing party in such litigation shall be entitled to have and recover from the losing party reasonable attorney's fees and costs of such actions. 3.21 Indemnification. Consultant shall defend, indemnify and hold the Commission, its directors, officials,.:-officers, agents, consultants, employees and volunteers free and harmless from any and afl claims, demands, causes of action, costs, expenses, liabilities, losses, damages or injuries, in° law or in equity, to property or persons, including wrongful death, in ani manner arising out of or incident to any alleged negligent acts, omissions or willful misconduct of the Consultant, its officials, officers, employees, agents, consultants, and contractors arising out of or in connection with the performance of the Services, .the Project or this Agreement, including without limitation, the payment of all consequential -damages, attorneys fees and other related costs and expenses. Consultant shall defend, at Consultant's own cost, expense and risk, any and all such aforesaid suits, actions or other legal proceedings of every kind that may be brought or instituted against the Commission, its directors, officials, officers, agents, consultants, employees and volunteers. Consultant shall pay and satisfy any judgment, award or decree that may be rendered against the Commission or its directors, officials, officers, agents, consultants, employees and volunteers, in any such suit, action or other legal proceeding. Consultant shall reimburse the Commission and its directors, officials, officers, agents, consultants, employees and volunteers, for any and all legal expenses and costs, including reasonable attorney's fees, incurred by each of them in connection therewith or in enforcing the indemnity herein provided. Consultant's obligation to indemnity shall not be restricted to insurance proceeds, if any, received by the Commission or its directors, officials, officers, agents, consultants, employees and volunteers. Notwithstanding the foregoing, to the extent Consultant's Services are subject to Civil Code Section 2782.8, the above indemnity shall be limited, to the extent required by Civil Code Section 2782.8, to claims that arise out of, pertain • 17336.00000\7415357.2 APPENDIX B -10 74 • • • the prior written consent of Commission. to, or relate to the negligence, recklessness, or willful misconduct of the Consultant. This Section 3.21 shall survive any expiration or termination of this Agreement. 3.22 Entire Agreement. This Agreement contains the entire Agreement of the parties with respect to the subject matter hereof, and supersedes all prior negotiations, understandings or agreements. This Agreement may only be supplemented, amended, or modified by a writing signed by both parties. 3.23 Governing Law. This Agreement shall be governed by the laws of the State of California. Venue shall be in Riverside County.''' 3.24 Time of Essence. Time is of the essence for each and every provision of this Agreement. 3.25 Commission's Right to Employ Other. QConsultants. The Commission reserves the right to employ ,other consultants in connection with this Project. 3.26 Successors and Assigns. This Agreement shall be binding on the successors and assigns of the parties, and shall not be assigned by Consultant without 3.27 Prohibited Interests and Conflicts. 3.27.1 Solicitation. Consultant maintains and warrants that it has not employed nor retained any company or person, other than a bona fide employee working solely for Consultant, to solicit or secure this Agreement. Further, Consultant warrants that it has not paid nor has it agreed to pay any company or person, other than a bona fide employee working solely for Consultant, any fee, commission, percentage, brokerage fee, gift or other consideration contingent upon or resulting from the award or making of this Agreement. For breach or violation of this warranty, Commission shall have the right to rescind this Agreement without liability. 3.27.2 Conflict of Interest. For the term of this Agreement, no member, officer or employee of Commission, during the term of his or her service with Commission, shall have any direct interest in this Agreement, or obtain any present or anticipated material benefit arising therefrom. 3.27.3 Conflict of Employment. Employment by the Consultant of personnel currently on the payroll of the Commission shall not be permitted in the performance of this Agreement, even though such employment may occur outside of the employee's regular working hours or on weekends, holidays or vacation time. Further, the employment by the Consultant of personnel who have been on the Commission payroll within one year prior to the date of execution of this Agreement, 17336.00000\7415357.2 APPENDIX B - 11 75 where this employment is caused by and or dependent upon the Consultant securing this or related Agreements with the Commission, is prohibited. 3.27.4 Employment Adverse to the Commission. Consultant shall notify the Commission, and shall obtain the Commission's written consent, prior to accepting work to assist with or participate in a third -party lawsuit or other legal or administrative proceeding against the Commission during the term of this Agreement. 3.28 Equal Opportunity Employment. Consultant represents that it is an equal opportunity employer and it shall not discriminate against any employee or applicant for employment because of race, religion, color, national origin, ancestry, sex or age. Such non-discrimination shall include, but not be limited to, all activities related to initial employment, upgrading, demotion, transfer, recruitment or recruitment advertising, layoff or termination. Consultant shall also comply with all relevant provi- sions of Commission's Disadvantaged Business Enterprise program, Affirmative Action Plan or other related Commission programs or guidelines currently in effect or hereinafter enacted. 3.29 Subcontracting. Consultant shall not subcontract any portion of the work or Services required by this Agreement, except as expressly stated herein, without prior written approval of the Commission. Subcontracts, if any, shall contain a provision making them subject to all provisions stipulated in this Agreement. 3.30 Prevailing Wages. .-By By its execution of this Agreement, Consultant certified that it is aware of the requirements of.,California Labor Code Sections 1720 et seq. and 1770 et seq., as well as California -Code of Regulations, Title 8, Section 16000 et seq. ("Prevailing Wage Laws"), which require the payment of prevailing wage rates and the performance of otherYre;quir�ements on certain "public works" and "maintenance" projects. " If the Services are being performed `as part° of an applicable "public works" or "maintenance" project,`- as defined by the. Prevailing Wage Laws, and if the total compensation is $1,000``or more, Consultant agrees to fully comply with such Prevailing Wage Laws. The Commission shalt provide Consultant with a copy of the prevailing rate of per diem wages in effect at the commencement of this Agreement. Consultant shall make copies of the prevailing rates of per diem wages for each craft, classification or type of worker needed to execute the Services available to interested parties upon request, and shall post copies at the Consultant's principal place of business and at the project site. Consultant shall defend, indemnify and hold the Commission, its elected officials, officers, employees and agents free and harmless from any claims, liabilities, costs, penalties or interest arising out of any failure or alleged failure to comply with the Prevailing Wage Laws. 3.31 Employment of Apprentices. This Agreement shall not prevent the employment of properly indentured apprentices in accordance with the California Labor Code, and no employer or labor union shall refuse to accept otherwise qualified employees as indentured apprentices on the work performed hereunder solely on the ground of race, creed, national origin, ancestry, color or sex. Every qualified apprentice 17336.00000\7415357.2 APPENDIX B - 12 • • • 76 • • • times. shall be paid the standard wage paid to apprentices under the regulations of the craft or trade in which he or she is employed and shall be employed only in the craft or trade to which he or she is registered. If California Labor Code Section 1777.5 applies to the Services, Consultant and any subcontractor hereunder who employs workers in any apprenticeable craft or trade shall apply to the joint apprenticeship council administering applicable standards for a certificate approving Consultant or any sub -consultant for the employment and training of apprentices. Upon issuance of this certificate, Consultant and any sub -consultant shall employ the number of apprentices provided for therein, as well as contribute to the fund to administer the apprenticeship program in each craft or trade in the area of the work hereunder. The parties expressly understand that the responsibility for compliance with provisions of this Section and with Sections 1777.5, 1777.6 and 1777.7 of the California Labor Code in regard to all apprenticeable occupations lies with Consultant. 3.32 No Waiver. Failure of Commission to insist on any one occasion upon strict compliance with any of the terms, covenants -or conditions hereof shall not be deemed a waiver of such term, covenant or 'condition, nor shall any waiver or relinquishment of any rights or powers hereunder any one time or more times be deemed a waiver or relinquishment of such, other right or power at any other time or 3.33 Eight -Hour's Law. Pursuant to the provisions of the California Labor Code, eight hours of labor shall constitute a'legal day's work, and the time of service of any worker employed on the work shall be limited and restricted to eight hours during any one calendar day, and forty hours in any one calendar week, except when payment for overtime is made at not -less than one and one-half the basic rate for all hours worked in excess of eight hours per day ("Eight -Hour Law"), unless Consultant or the Services are not subject to the Eight -Hour Law. Consultant shall forfeit to Commission as a penalty, $50.00 for each worker employed in the execution of this Agreement by him, or by any sub -consultant under him, for each calendar day during which such workman is required or permitted to work more than eight hours in any calendar day and forty hours in any one calendar week without such compensation for overtime violation of the provisions of the California Labor Code, unless Consultant or the Services are not subject to the Eight -Hour Law. 3.34 Subpoenas or Court Orders. Should Consultant receive a subpoena or court order related to this Agreement, the Services or the Project, Consultant shall immediately provide written notice of the subpoena or court order to the Commission. Consultant shall not respond to any such subpoena or court order until notice to the Commission is provided as required herein, and shall cooperate with the Commission in responding to the subpoena or court order. 3.35 Survival. All rights and obligations hereunder that by their nature are to continue after any expiration or termination of this Agreement, including, but not 17336.00000\7415357.2 APPENDIX B - 13 77 limited to, the indemnification and confidentiality obligations, and the obligations related to receipt of subpoenas or court orders, shall survive any such expiration or termination. 3.36 No Third Party Beneficiaries. There are no intended third party beneficiaries of any right or obligation assumed by the Parties. 3.37 Labor Certification. By its signature hereunder, Consultant certifies that it is aware of the provisions of Section 3700 of the California Labor Code which require every employer to be insured against liability for Workers' Compensation or to undertake self-insurance in accordance with the provisions of that Code, and agrees to comply with such provisions before commencing the performance of the Services. 3.38 Counterparts. This Agreement may be signed in counterparts, each of which shall constitute an original. 3.39 Incorporation of Recitals. The recitals set forth above are true and correct and are incorporated into this Agreement as though fully set forth herein. 3.40 Invalidity; Severability. If any portion of this Agreement is declared invalid, illegal, or otherwise unenforceable by a court of competent jurisdiction, the remaining provisions shall continue in full force and effect. 3.41 Conflicting Provisions. In the event that provisions of any attached exhibits conflict in any way with the provisions set forth in this Agreement, the language, terms and conditions contained in this Agreement shall control the actions and obligations of the Parties and the interpretation of the Parties' understanding concerning the performance of the Services. .42 Heading . Article- and Section Headings, paragraph captions or marginal headings contained in this Agreement are for convenience only and shall have no effect in the construction or interpretation of any provision herein. 3.43 Assignment or Transfer. Consultant shall not assign, hypothecate, or transfer, either directly or by operation of law, this Agreement or any interest herein, without the prior written consent of the Commission. Any attempt to do so shall be null and void, and any assignees, hypothecates or transferees shall acquire no right or interest by reason of such attempted assignment, hypothecation or transfer. 3.44 Authority to Enter Agreement. Consultant has all requisite power and authority to conduct its business and to execute, deliver, and perform the Agreement. Each Party warrants that the individuals who have signed this Agreement have the legal power, right, and authority to make this Agreement and bind each respective Party. 17336.00000\7415357.2 APPENDIX B - 14 • 78 • • • • SIGNATURE PAGE TO RIVERSIDE COUNTY TRANSPORTATION COMMISSION AGREEMENT FOR INFORMATION TECHNOLOGY SUPPORT SERVICES WITH [ CONSULTANT 1 IN WITNESS WHEREOF, this Agreement was executed on the date first written above. RIVERSIDE COUNTY TRANSPORTATION COMMISSION By: Karen S. Spiegel, Chair CONSULTANT [INSERT NAME OF CONSULTANT] [NOT NEEDED IF APPROVED BY COMMISSION] • B: Y • Appro Anne Maye Executive Direct Signature as to Form: e , Attest: By: By: Its: Secretary Best Best & Krieger LLP General Counsel. 17336.00000\7415357.2 APPENDIX B - 16 80 [INSERT MODEL CONTRACT EXHIBITS] EXHIBIT "A" - SCOPE OF SERVICES EXHIBIT "B" - SCHEDULE OF SERVICES EXHIBIT "C" - COMPENSATION • • • 17336.00000\7415357.2 EXHIBITS 81 AGENDA ITEM 9 • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: February 24, 2014 TO: Budget and Implementation Committee FROM: Theresia Trevino, Chief Financial Officer THROUGH: John Standiford, Deputy Executive Director SUBJECT: Proposed Policy Goals and Objectives for Fiscal Year 2014/15 Budget STAFF RECOMMENDATION: This item is for the Committee to: 1) Approve the proposed Commission Policy Goals and Objectives for the FY 2014/15 Budget; and 2) Forward to the Commission for final action. BACKGROUND INFORMATION: The initial step in the budget process is to develop policy goals and objectives for the next fiscal year that are consistent with the Commission's overall strategic direction. Most importantly, the adoption of the Commission Policy Goals and Objectives for the annual fiscal year budget provides an opportunity to match the Commission's spending priorities in a manner that implements the promises made to the citizens of the county of Riverside in both Measure A Expenditure Plans and that fulfills other Commission responsibilities. The Commission's seven long-term policy goals are: • Promote mobility; • Mitigate and address the impact of goods movement; • Encourage economic development; • Ensure improved system efficiencies; • Foster environmental stewardship; • Support transportation choices through intermodalism and accessibility; and • Prioritize public and agency communications. The Commission's Financial and Administrative Policies are also included in the Commission Policy Goals and Objectives for the FY 2014/15 Budget. Attachment: Proposed Commission Policy Goals and Objectives for FY 2014/15 Budget Agenda Item 9 82 Commission Policy Goals and Objectives • • • In addition to financial and administration policies, the Commission has seven long-term policy goals: promote mobility, mitigate and address the impact of goods movement, encourage economic development, ensure improved system efficiencies, foster environmental stewardship, support transportation choices through intermodalism and accessibility, and prioritize public and agency communications. For each of these policy goals, the objectives and initiatives that were considered in the framework of the work plan for the FY 2014/15 budget are identified below. While Riverside County shows signs of economic recovery, the Commission remains cautious about revenue availability. The need for better transportation remains a top public priority, and the Commission is poised to address this challenge via the seven policy goals. In moving forward with an aggressive program of projects and services, the Commission may face fluctuating Measure A, TUMF, and TDA revenues and uncertainty regarding the availability of federal and state transportation revenues. Due to the long-term nature of many of the Commission's programs, many of the policy goals' objectives and initiatives are ongoing from year to year. Promote Mobility The Commission, in cooperation with local, state, and federal agencies, will strive to create a transportation system that promotes efficient mobility both within the County and region. • Continue to aggressively pursue completion of the environmental, design, and construction processes on key components of the Western Riverside County Delivery Plan, which includes the SR -91, 1-15, and 1-215 corridor improvement projects and the SR -60 truck climbing lane project. • Enhance corridor mobility and traveler choice by: o Continuing property acquisition and construction on the SR -91 corridor improvement project through Corona, which includes the extension of tolled express lanes (91 Express Lanes) into Riverside County; and o Continuing to develop a tolled express lane system on 1-15 between SR -60 and Cajalco Road. • Work closely with partners in the Coachella Valley, including CVAG and SunLine Transit Agency (SunLine) to ensure the implementation of Measure A funding priorities. • Complete projects and programs included in the 1989 Measure A ordinance and determine use(s) for any unexpended revenues. • Continue the preliminary engineering and environmental clearance for the Mid County Parkway and SR - 79 realignment projects. • Continue to work with state and federal agencies to fund and construct projects programmed in the STIP, Federal Transportation Improvement Program (FTIP), Proposition 1B bond programs, Active Transportation Program, and Measure A program as well as other high priority regional projects. • Maximize obtaining all available transportation funds and strategically program funds to meet funding deadlines and to prevent the lapse and loss of funds. • Leverage the effective application and use of Measure A Western County regional arterial and other state and federal funds to deliver eligible regional arterial projects. • Work closely with local jurisdictions to administer the TUMF Regional Arterial Program and facilitate the delivery of eligible arterial improvements in Western County. • Actively participate in the SR -91 Advisory Committee to facilitate near and long-term improvements to SR -91, enhance intercounty public transit options, and foster mobility improvements between the two counties. • Advocate streamlining efforts at the state and federal levels that will reduce costs, time, and delays currently associated with project delivery including, but not limited to, timely project reviews and approvals. • Continue to coordinate and provide public access to commuter information via the 1E511 system and focus commuter assistance and 1E511 outreach efforts under one brand. • Continue cooperation with the FTA regarding the Small Starts process to support the continuation of construction and initiation of the Perris Valley Line commuter rail service in 2015. 83 • Continue to work with the public transit operators to control costs and increase system efficiencies in order to accommodate and adjust to fluctuating revenues from local, state and federal sources. • Continue to develop transit service to further promote seamless intracity, intercity, and regional transit connectivity for County residents. Mitigate and Address the Impact of Goods Movement The Commission will work with federal, state, and local governments to facilitate the movement of goods and services to, within, and through the County, recognizing the vital role goods movement mobility plays in the economic health of the County, the State, and the nation. • Seek funding and local agency concurrence to implement the Commission's approved, high -priority railroad grade separation list to mitigate the impact of increased goods movement demands on the transportation system. • Encourage Congress to create a federal freight trust fund, or similar program with a dedicated and firewalled revenue structure, in order to treat the nation's multimodal national goods movement network as a system rather than individual projects. • Remain committed to a regional approach regarding goods movement issues in order to maximize funding from state and federal sources to goods movement needs in Southern California. • Continue working with the Ports and regional transportation commissions to develop a funding mechanism for needed projects and mitigation on a regional basis. • Provide input to the National Freight Advisory Committee regarding the establishment of a national freight network and California State Freight Advisory Committee regarding regional freight priorities. Encourage Economic Development Transportation decisions will consider the economic benefits derived from any improvement, and, where feasible and practical, will pursue transportation alternatives that enhance or complement economic development. • Commit to seek opportunities related to transportation projects that will create jobs and improve the economic base in the County. • Support local agencies in the design and construction of interchanges that are in proximity to regional economic centers and developments. • Support local projects, consistent with countywide transportation goals, which enhance business development, local employment, and area tourism. Ensure Improved System Efficiencies The Commission will select projects and allocate funds in a manner that will improve safety and reduce congested traffic corridors. • Advocate the development and use of advanced technologies for transportation applications that are affordable and practical. • In partnership with SANBAG, implement enhancements to the 1E511 mobile application for improved deployment of real-time traffic information, real-time bus and rail transit trip planning information, and rideshare information available to commuters for the purpose of trip planning and reducing congestion. • Assure the effectiveness of transit planning through coordination with the County's eight transit operators, Citizens' Advisory Committee, and annual SRTP process with a goal toward promoting program productivity, efficiency, and effectiveness. • Provide innovative commuter rideshare programs to reduce single occupant vehicle trips and coordinate with other regional rideshare service providers to address intercounty commute trips. Work with local jurisdictions, Caltrans, and the CHP to continue efficient delivery of a comprehensive motorist aid system which includes an 1E511 traveler information service, a call box program, and a FSP program, including temporary services in freeway construction zones. • Leverage resources to incorporate park and ride facilities and additional connecting bus service at • • • 84 • • r Metrolink stations that may have available capacity. • Continue working with Caltrans to monitor traffic conditions for the purpose of focusing transportation funds on congested corridors and system deficiencies. • Work with Caltrans and regional agencies in developing resources for preservation and maintenance of the highways and regional arterials. • Support the implementation of active transportation facilities that support transportation alternatives. Foster Environmental Stewardship The Commission will achieve its mobility goals while promoting environmental stewardship and protecting the area's natural resources and quality of life. • Continue working with the Western Riverside County Regional Conservation Authority (RCA), Caltrans, and state/federal resource agencies to implement the MSHCP. • Work with the Southern California Association of Governments (SCAG), South Coast Air Quality Management District (SCAQMD), sub -regional agencies, and local jurisdictions to implement the current RTP and sustainable communities' strategy that meets regional air quality goals, conformity guidelines, and SB375 green house reduction targets for the SCAG region. • Support a variety of outreach channels and educational programs that promote the benefits of ridesharing, public and specialized transit, rail, and availability of commuter resources for the purposes of reducing vehicle trips, vehicle miles traveled, and emissions. • Facilitate private/public use of clean fuels technology. • Continue to develop sustainable and green commuter rail stations and provide upgrades and rehabilitation projects to reduce the environmental impact of the existing stations. Support Transportation Choices through Intermodalism and Accessibility County residents will be served, where economically feasible, through the development of transportation alternatives and travel options that consider the needs of a wide range of citizens. • Work with transit providers and local social service agencies to provide specialized transit service to meet a broad spectrum of socio-economic transit needs of seniors, veterans, persons with disabilities, and low income residents. • Leverage commuter and motorist assistance outreach channels in order to increase the awareness and use of alternative commuting modes. • Implement the Commission's commuter rail SRTP and Southern California Regional Rail Authority's (SCRRA or Metrolink) plan for commuter rail services with an emphasis on the Perris Valley Line, an extension from Riverside to Perris via Moreno Valley. • Provide leadership in the planning and development of the San Gorgonio Pass -Coachella Valley corridor rail service. • Continue to pursue the goals and objectives as outlined in the Coordinated Public Transit -Human Services Transportation Plan (Coordinated Plan) for Riverside County related to a unified, comprehensive but flexible strategy for transportation service delivery to address transportation gaps and/or barriers focusing on unmet transportation needs of elderly individuals, persons with disabilities, and individuals of limited income. • Enhance security, surveillance, and emergency response capabilities of County transit facilities and roadway infrastructure through proactive planning, interagency coordination, and investment. Prioritize Public and Agency Communications The Commission will provide timely, informative, and accurate reporting to encourage informed public and agency participation in the Commission's decision -making processes. • Promote a close working relationship with news and civic entities to increase interest and understanding of transportation and related issues. 85 • Enhance the provision of public information through various forms of communication (e.g., website, annual report, monthly newsletter, television, Speakers Bureau, print media, radio, etc.). • Maintain an ongoing effort of informing Riverside County's Congressional and State Legislative delegations regarding transportation issues. • Develop an effective long-range legislative strategy regarding state and federal funding and policy. • Protect and enhance flexibility in the Commission's use of state and federal transportation revenue in addressing regional priorities and needs. • Explore local options for sustainable funding in addressing long-term transportation and quality -of -life needs for Riverside County. • Seek legislative flexibility for innovation in financing, construction, and maintenance of regional transportation projects. • Pursue policy objectives contained in the Commission's comprehensive adopted legislative platforms. • Maintain ongoing efforts to educate commuters, businesses, and the public regarding the Commission's toll planning efforts and specific project development efforts underway. • Keep the public informed about construction -related impacts from projects. Financial and Administration Policies Financial Planning Policies • Administrative costs, including salaries and benefits, shall be funded by allocations from Measure A, LTF, FSP, SAFE, and TUMF funds. • The Commission shall budget no more than one percent (1%) of Measure A sales tax revenues for administrative salaries and benefits. • Administrative program delivery costs will be budgeted at whatever is reasonable and necessary, but not to exceed four percent (4%) of Measure A sales tax revenues (inclusive of the one -percent salary limitation). The Commission shall budget 100% of the annual required contribution related to the postretirement health care benefits. • The Commission shall utilize unexpended 1989 Measure A funds only for projects and programs included in the 1989 Measure A. Sales tax revenues from the 2009 Measure A shall be expended only for projects and programs included in the 2009 Measure A. • Amounts will be budgeted by fiscal year for multi -year projects, based on best available estimates, with the understanding that, to the extent actuals vary from those estimates and the project is ongoing, adjustments will be made on a continual basis. • The fiscal capital budget should be consistent with the strategic plan and deviations appropriately noted, explained, and justified. • A balanced budget shall be adopted annually with operating and capital expenditures and other financing uses equal to or less than identified revenues and other financing sources as well as available fund balances. Revenue Policies • Sales tax revenue projections will be revised semi-annually to ensure use of current and relevant data. Staff may adjust annual amounts during the budget preparation process to reflect the most current economic trends. • A strategic application of local funding sources will be used to maximize federal and state funding of projects. • Fiduciary responsibility regarding Western County TUMF revenues shall be exercised, and revenues will be allocated pursuant to Commission direction and the approved 2009 Measure A. • Adopted toll revenue policies will establish congestion pricing in order to maximize throughput on toll facilities. Such pricing will be adjusted quarterly by pre -defined formulas. • 86 • • • Debt Management Policies • Outstanding sales tax revenue bonds shall not exceed $975 million. • Toll revenue supported debt may be issued for specific highway projects and may comprise toll revenue bonds and federal loans. • The Commission will maintain 2.0x debt ratio coverage on all senior sales tax revenue debt and 1.3x debt ratio coverage on all toll revenue debt. • Debt issuance will be for major capital projects including engineering, right of way, and construction. Operating requirements, if any, must be paid from current ongoing revenues and may not be financed except for initial toll operations. • Costs of issuance, including the standard underwriter's discount, will not exceed two percent (2%). • The Commission may enter into interest rate swaps to better manage assets and liabilities and take advantage of market conditions to lower overall costs and reduce interest rate risk. • While it is the intent of the Commission to establish a cash debt reserve for long term bond issuance, as necessary, surety bonds can be obtained when beneficial to the Commission. • All sales tax revenue debt must mature prior to the termination of 2009 Measure A on June 30, 2039. • All toll revenue supported debt must mature prior to the expiration of toll facility agreements. Expenditure Accountability Policies • Established priorities for planning and programming of capital projects will be reviewed annually with the Commission. • Actual expenditures will be compared to the budget on at least a quarterly basis, and significant deviations will be appropriately noted, explained, and justified. • Operations and maintenance agreements for toll operations will be implemented, and related costs will be compared to toll financing assumptions. Reserve Policies • The Commission will maintain program reserves in accordance with Measure A and TDA policies and guidelines. • The Commission will establish and maintain a transit operator's reserve of ten percent (10%) for the Coachella Valley and Palo Verde Valley. Additionally, a ten percent (10%) reserve will be established and maintained for each of the Western County transit operators (public bus and commuter rail). • The Commission will establish and maintain reserves for toll operations, capital improvements, and debt service in accordance with toll supported debt agreements. Cash Management and Investment Policies • Where possible, the Commission will encourage receipt of funds by wire transfer to its accounts. • Balances in the bank operating account will be maintained at the amount necessary to meet monthly expenditures. • Construction and operating funds will be invested per the Commission's established investment policy emphasizing in order of priority: 1) safety, 2) liquidity, and 3) yield. • Cash disbursements to local jurisdictions and vendors/consultants will be completed in an expeditious and timely manner. 87 Auditing, Accounting, and Financial Reporting Policies • The Commission will maintain its ERP system in order to integrate project and toll operations accounting needs and improve accounting efficiency. • The Commission will issue a Comprehensive Annual Financial Report (CAFR); separate financial reports for the LTF, STA, Proposition 1B Rehabilitation and Security Project Accounts, and toll operations upon commencement of such operations; and State Controller's Transportation Planning Agency Financial Transactions Report as well as Government Compensation in California Report. • An audit is to be conducted annually on the Commission's accounting books and records. As long as the Commission has outstanding bonds and federal loans, an independent accounting firm must conduct the audit. • The Commission is responsible for ensuring that audits of Measure A and TDA funding recipients are completed and reviewed for compliance and other matters in a timely manner. Human Resources Management Policies • While accommodating the assumption of toll operation responsibilities, Commission staffing levels will be consistent with the intent of its enabling legislation, which envisioned a small, but effective staff. • Contract staff and consultants will be used to augment staff efforts as much as necessary to support programs or workloads, which do not appear to be of a permanent nature. Information Technology Management Policy • Significant effort will be made to maintain efficient and cost-effective technology infrastructure by continuously upgrading network equipment and software to ensure quality performance, productivity, and connectivity among staff, other agencies, toll operator, and the public. Network security will continue to be a top priority to maintain the integrity of the Commission's network and information. Linking Commission Policy Goals and Departmental Goals and Objectives The following matrix (Table 19) illustrates the linkage of the Commission's overall policy goals described in this section to the individual departmental goals and objectives included in Section 6. Table 19 — RPlatinnshin Between Commission and Departmental Goals vianagemen Executiv Adrninstr Legislative Aff Finance Regional Programs Planning and Programming Rail Maintenance and Operations Public and Specialized Transit Commuter Assistance X Motorist Assistance X Capital ProiectDevelonment & Delivery X • • • 88 3/12/2014 ©lic a s an jectives Fiscal Year 2014/15 Budget vj ent Department Goals and Objectives Commission Policy Goals Budget Adoptio 1 3/12/2014 Projects & Programs Mobility •Work with other agencies to fund and construct projects, including regional arterials •Maximize available funding and prevent loss of funds >Coordinate public access to commuter information and focus outreach efforts under one brand +Work with transit operators to manage operations with fluctuating revenues •Develop transit service vision for seamless connectivity 2 3/12/2014 Economic eopme 3 3/12/2014 • Advocate for advance EC} nologies for transportation applications • Implement enhancements to the 1E511 system mobile App • Provide innovative rideshare programs • Work with agencies to deliver comprehensive motorist aid system • Use resources to incorporate park and ride facilities and connecting bus services at Metrolink stations • Assure effective transit planning through coordination with other agencies • Work with Caitrans to monitor traffic conditions • Develop resources with Caitrans and other agencies to preserve and maintain highways and arterials • Support implementation of active transportation facilities that support transportation alternatives • Work with local, state and federal agencies on MS H C P implementation • Work With agencies on RTP and SCS to meet air quality goals, conformity,`';`. guidelines, and SB375 reduction targets "Green" • Fa litae use 'of clean fuels technology • Develop sustainable and green commuter rail stations Programs • Support programs that promote multimodal services to reduce trips, miles traveled, and emissions • Play a larger role in supporting and planning active transportation projects 4 3/12/2014 vide specialized transit services motorist ness of con nce outreach to/increase Promote working relationships with news and civic entities Enhance public information delivery methods Inform state and federal delegations Protect and enhance flexibility in use of state and federal funds for regional needs Explore options for sustainable long-term transportation and quality of life needs Develop legislative strategies regarding federal and state funding and policy Seek legislative flexibility for innovation in financine construction and maintenance of regional transportation projects Eursue policy objectives in Commission's adopted legislative • Maintain outreach efforts for toll project planning and specific project development efforts • Keep the public informed of construction -related impacts 5 3/12/2014 Linking Goals ship flevetor eot Accessibility Comm nicati Management Services Executive Management X X X Administration Legislative Affairs & Communications X X X Finance Regional Programs Planning and Programming X X X X X X Rail Maintenance and Operations X X X X Public and Specialized Transit X X X Commuter Assistance X X X X Motorist Assistance X X Capital Project Development & Delivery X X X X X X 6 3/12/2014 Development of Budget Depar ental budgets, including linkage Commission policy goals and.review of budge Draft Proposed Budget April 28—B&l review of executive summary 7 • AGENDA ITEM 10 • • • • • • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: February 24, 2014 TO: Budget and Implementation Committee FROM: Theresia Trevino, Chief Financial Officer THROUGH: Anne Mayer, Executive Director SUBJECT: City of Jurupa Valley Request for Confirmation Regarding Measure A Revenue Allocation in Connection with City Financing STAFF RECOMMENDATION: This item is for the Committee to: 1) Receive and file a request from the city of Jurupa Valley (City) for confirmation by the Commission that, in the case of disincorporation, the 2009 Measure A Western County Local Streets and Roads (LSR) allocations annually allocated to the City would be periodically transferred to the county of Riverside (County) to be available to pay debt service on the City's contemplated financing for street improvements; 2) Direct staff to continue to engage legal counsel in the development of a resolution to be adopted by the Commission and in the provision of a legal opinion to the Commission; and 3) Forward to the Commission for final action. BACKGROUND INFORMATION: In late January the Commission received the attached correspondence from the City advising the Commission that the City was considering participation in the California Statewide Community Development Authority (CSCDA) Total Road Improvement Program (TRIP) to finance street improvements through the issuance of certificates of participation (certificates). Under an installment sale agreement between the City and the CSCDA, the certificates represent an interest in payments by the City and secured by the City's share of Measure A revenues. Participation in the TRIP is similar to financings completed by the cities of Desert Hot Springs, Menifee, Moreno Valley, and Riverside in recent years. In connection with the previous transactions, Commission staff reviewed the preliminary official statements to ensure proper representation and disclosure regarding Measure A, the Commission's senior lien indebtedness secured by Measure A revenues, and eligibility requirements for receipt of LSR allocations. Staff also participated in due diligence calls, when requested, with the particular city's finance team. In all cases, staff provided confirmation, in writing, that the Commission approved the Agenda Item 10 89 city's Five-year Capital Improvement Program for the use of Measure A LSR funds to include the project(s) being financed and that such funds may be used to pay for the cost of the project including any financing costs of the project incurred in connection with such TRIP financing. The City's anticipated TRIP financing is complicated by the City's threatened disincorporation due to the loss of vehicle license fee revenues anticipated upon its incorporation in July 2011. Should the City disincorporate, the County would be obligated to wind down the City's affairs, including the payment or liquidation of City obligations from available City assets. City assets include Measure A revenues, which prior to disincorporation were calculated as the City's local share. Such Measure A funds would need to continue to be available to pay the installment sale agreement payments until maturity of the agreement. Accordingly, the City and the County are discussing entering into a memorandum of understanding (MOU) to ensure 1) the continuation and completion of the financed street projects; and 2) the continued payment of debt service and other amounts related to the certificates fro -n Measure A revenues formerly received by the City. The City's correspondence outlines the points to be included in the proposed MOU between the City and the County. To facilitate the MOU, the City requested confirmation from the Commission that the Commission will continue to transfer the City's share of Measure A LSR revenues to the County in the event of the City's disincorporation, such transfers would be available to pay debt service on the certificates, and such transfers would be not less than would have been available for such purposes had the City not disincorporated. The City believes such confirmation can be achieved by a resolution adopted by the Commission and an opinion provided by legal counsel. The City acknowledges in its correspondence there is almost nip legal precedence regarding the winding down of a city through disincorporation. Should disincorporation occur, as administrator of the 2009 Measure A program, the Commission would allocate to the County, assuming it continues to meet the LSR eligibility requirements, its share of LSR revenues representing the Western County unincorporated area, which would include the area represented by the newly disincorporated area. However, the Commission's ability to provide the confirmation requested by the City presents complex issues to be researched by staff and legal counsel, as the Commission does not want to be responsible for misrepresentations to underwriters and investors involved in this financing. Frankly this is unchartered territory, and staff and legal counsel will endeavor based upon Commission direction to present an acceptable resolution for adoption by the Commission as well as legal counsel opinion at the March or April 2014 meetings. Staff anticipates the Commission will incur legal costs consisting of the Commission's general counsel and possibly bond counsel regarding this matter, including research, developing a resolution to be adopted by the Commission, and providing a legal opinion as requested by the City. It is difficult to estimate the potential legal fees; however, a conservative estimate is $40,000, which is not included in the FY 2013/14 budget. There is sufficient unexpended professional services budget authority from which to make a budget transfer to fund these legal services. Such budget transfer does not require Commission approval. • Agenda Item 10 90 • • • Staff responded to the City and advised, per the attached correspondence, that the Commission must perform appropriate research of the issues in order to develop an acceptable resolution for adoption by the Commission at a future meeting. Additionally, staff requested the City pay a portion of the Commission's legal costs regarding this matter. Financial Information In Fiscal Year Budget: No Year: FY 2013/14 Amount: Not to exceed $40,000 Source of Funds: 2009 Measure A Budget Adjustment: Yes (transfer only) GL/Project Accounting No.: 001001 65101 0001 101 19 65101 $40,000 001001 65520 0001 101 19 65520 ($40,000) Fiscal Procedures Approved: \I-Xiii,tee. �� Date: 02/18/14 Attachments: 1) Correspondence from City of Jurupa Valley 2) Commission Correspondence to City Agenda Item 10 91 • • • Frank Johnston, Mayor . Michael Goodland, Mayor Pro Tem . Laura Roughton, Council Member .Verne Lauritzen, Council Member . Brad Hancock, Council Member January 24, 2014 • • Ms. Anne Mayer, Executive Director ? ` Riverside County Transportation Commission 4080 Limon Street, 3rd Floor Riverside, CA 92501 Ms. Anne Mayer: RIVERSIDE COUNTY RANSPORTA rION COMMISSION The City of Jurupa Valley is contemplating participating in the California Statewide Community Development Authority's ("CSCDA") Total Road Improvement Program ("TRIP") to finance essential street improvements in the City via the issuance of certificates of participation ("Certificates") evidencing interests in payments to be made by the City under an installment sale agreement (the "Installment Sale Agreement") between the City and CSCDA, secured by Measure A Revenues allocated to the City as its local share of Measure A Revenues. Prior to the delivery of the Certificates, the City must enter into a Memorandum of Understanding (the "MOU") between the City and the County of Riverside in order to ensure: (1) the continuation and completion of the street improvement projects to be financed; and (2) the receipt of sufficient Measure A Revenues to pay debt service and other amounts related to the Certificates. Clarifications of these issues are necessary should the City dis-incorporate pursuant to the Cortese -Knox -Hertzberg Local Government Reorganization Act of 2000 (California Government Code Sections 56000-57550) (the "Act"). In the event of disincorporation, the County is obligated to wind down the affairs of the City, including the payment or liquidation of all obligations of the City out of available City assets. This would include assets such as Measure A Revenues which prior to disincorporation were calculated as the City's local share. These funds would need to continue to be available to pay Installment Sale Agreement payments through maturity of the Installment Sale Agreement. The proposed MOU would include the following points related to the status of funds and obligations of the City should the City dis-incorporate: 1) The County will recognize the outstanding obligation of the City under the Installment Sale Agreement as a binding obligation required to be paid out of Measure A Revenues, which prior to disincorporation were allocated to the City. 8304 Limonite Avenue, Suite M, Jurupa Valley, CA 92509-5183, (951) 332-6464 www.jurupavalley.org 92 2) The County will create a separate City of Jurupa debt service payment account (the "TRIP Payment Account") into which Measure A Revenues (which prior to disincorporation were allocated to the City) will be deposited. The Measure A Revenues so deposited will equal the amount which prior to disincorporation was calculated as the City's local share. Immediately following each semiannual Installment Sale Agreement payment date, amounts in excess of the amounts due under the Installment Sale Agreement, and in turn, debt service on the Certificates, will be released from the TRIP Payment Account to be used for any proper purpose of Measure A Revenues by the County. 3) In the event of disincorporation of the City prior to the completion of the street improvement projects, the County will commit to initiate, if needed, and complete any such construction project. 4) If required, the County will accept the assignment of all contracts and agreements, performance bonds and guarantees executed by the City in connection with the Installment Sale Agreement, including street improvement construction contracts. 5) County Counsel will provide an opinion to the effect that the rights and obligations of the County under the MOU are enforceable against the County. To facilitate the above referenced MOU, the City is seeking written correspondence verifying the continued and future transfer by the Riverside County Transportation Commission (the "RCTC") of the City's share of Measure A Revenues to the County in the event of a disincorporation of the City. In addition, it will be important to state to potential investors that the debt service coverage covenant contained in the Installment Sale Agreement, that is, that Measure A Revenues are at least equal to 150% of debt service on the Certificates, still provides protection to investors. We believe this can be accomplished by the RCTC confirming that Measure A Revenues previously annually allocated to the City will be periodically transferred to the County to pay debt service on the Certificates, in an amount which would be not less than would have been available for such purposes had the City not disincorporated. In other words, the City would be able to present investors with a projection of revenues available for debt service, without regard to disincorporation. We believe that confirmation by the RCTC, as the administrator of Measure A Revenues, through a resolution adopted by the RCTC, and a confirming opinion of its counsel, will be required to accomplish the financing of the proposed street improvement projects by the City. The City is fully aware that the winding down of a city though disincorporation under the Act has almost no legal precedence, and accordingly, the City intends to have this financing structure validated through a Code of Civil Procedure Section 860 et seq. validation action commenced in Riverside County Superior Court. The City fully expects that the prosecution of this action will result in an uncontested approving judgment issued by the Superior Court. This should give all parties comfort that this course of action is legal, valid, and binding on the various parties. • 8304 Limonite Avenue, Suite M, Jurupa Valley, CA 92509-5183, (951) 332-6464 www.jurupavalley.org 93 • The City is under the belief the RCTC is neutral regarding the MOU between the City and County. Additionally, it is further our belief that the RCTC agrees with the flow of funding identified above should the City dis-incorporate. Given our beliefs, we respectfully request the RCTC's assistance, as described above, to move this important transaction forward. Should you have any questions or need further information, please do not hesitate to call Mr. George Wentz, Assistant City Manager at (951) 332-6464. Respectfully, /2 'VI. Stephen G. Hardigi City Manager 8304 Limonite Avenue, Suite M, Jurupa Valley, CA 92509-5183, (951) 332-6464 www.jurupavalley.org 94 • • • 4080 Lemon Street, 3rd Floor • Riverside, CA Mailing Address: P. 0. Box 12008 • Riverside, CA 92502-2208 (951) 787-7141 • Fax (951) 787-7920 • www.rctc.org iverside County Triinsporkdkil Corm February 18, 2014 Mr. Stephen G. Harding City Manager City of Jurupa Valley 8304 Limonite Avenue, Suite M Jurupa Valley, CA 92509-1583 Dear Mr. Harding: The Riverside County Transportation Commission (Commission) received correspondence from the city of Jurupa Valley (City) dated January 24, 2014, regarding contemplated financing by the City through the California Statewide Community Development Authority Total Road Improvement Program (TRIP). In connection with the TRIP financing and the possible future disincorporation of the City, the City requested the Commission's confirmation it will continue to transfer the City's share of Measure A Local Streets and Roads (LSR) revenues to Riverside County in the event of the City's disincorporation. Such transfers would be available to pay debt service on the certificates of participation issued in connection with the TRIP financing, Wnd such transfers would be not less than would have been available for such purposes had the City not isincorporated. The City requested such confirmation in the form of a resolution adopted by the Commission and an opinion provided by the Commission's legal counsel. The potential disincorporation of the City and its impact on the administration of the Measure A program and allocation of Measure A sales tax revenues to local jurisdictions for LSR purposes is unprecedented and will require research by the Commission and its general counsel. Further, the Commission must ensure that matters are not misrepresented to underwriters and investors in connection with your financing and that Measure A sales tax disclosures are consistent with the Commission's outstanding indebtedness and to its underwriters and investors. Finally, a resolution must be adopted by the Commission. The Commission intends to present the City's request as an agenda item at the Commission's Budget and Implementation Committee meeting on Monday, February 24, 2014, at 9:30 a.m. Assuming the Committee directs staff to continue to engage legal counsel in the development of a resolution and provision of a legal opinion, staff will work to present such resolution to the Commission at the earliest possible date. While this could occur at the Commission's March 12 meeting, staff believes the April 9 or May 14 meeting may be more realistic given the recent notice of the City's request and the complex and unprecedented issues that must be addressed regarding Measure A and disincorporation. In connection with this request, the Commission will incur legal costs that were unanticipated and are difficult to estimate; however, staff believes the amount of $40,000 is conservative. Staff respectfully •equests the City's consideration to share in at least 50 percent of legal costs incurred by the Commission. 95 Mr. Stephen G. Harding Page 2 February 18, 2014 Please contact me or Theresia Trevino, Chief Financial Officer, at (951) 787-7141 if you have any questions. Anne Mayer Executive Director c: Frank Johnston, Mayor • 96 AGENDA ITEM 11 • • • • • • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: February 24, 2014 TO: Budget and Implementation Committee FROM: Grace Alvarez, Planning and Programming Manager THROUGH: Shirley Medina, Planning and Programming Director SUBJECT: Riverside County 2015 Federal Transportation Improvement Financial Resolution Program STAFF RECOMMENDATION: This item is for the Committee to: 1) Adopt Resolution No. 14-013, "Resolution of the Riverside County Transportation Commission Certifying That Riverside County Has Resources to Fund Projects in Federal Fiscal Years 2014/15 Through 2019/20 Transportation Improvement Program and Affirming Commitment to Implement All Projects in the Program"; 2) Forward to the Southern California Association of Governments (SCAG) for inclusion in the 2015 Federal Transportation Improvement Program (FTIP); and 3) Forward to the Commission for final action. BACKGROUND INFORMATION: Moving Ahead for Progress in the 21st Century (MAP -21) requires SCAG adopt a FTIP for the metropolitan planning area and that this document be included in the Federal Statewide Transportation Improvement Program (FSTIP) before receiving federal funds for transportation projects. The FSTIP must be updated by the metropolitan planning organization every two years. The FSTIP implements projects identified in the first six years (FFY 2014/15 — 2019/20) of the long-range 2012 Regional Transportation Plan. Federal regulations require SCAG to determine the FTIP: 1) conforms to the adopted air plans in the region; 2) is financially constrained; and 3) affirms project commitments. The attached resolution must be included in the 2015 FTIP update to certify the Riverside County portion of the FTIP is financially constrained and to affirm the commitment to implement the projects. Financial constraint and project commitment is defined as follows: 1. Financial Constraint: The Commission must certify the Riverside County Transportation Improvement Program is financially constrained (projects are not programmed in excess of fund levels) and the funding may be reasonably expected to carry out the program. Agenda Item 11 97 2. Project Commitment: The Commission must affirm that its highest priorities for funding are the projects in the 2015 FTIP. The affirmation is sJecifically targeted to enforceable Transportation Control Measures (TCM). TCM are strategies/projects employed to reduce emissions from on -road mobile sources. Over the past three months, staff reviewed projects submitted by Caltrans, local agencies, and transit operators (sponsor agencies) in Riverside County. The review exercise resulted in concurrence by the sponsor agencies and staff, to include federally funded, state funded, and locally funded projects that are regionally significant, including freeways, state highways, principal arterials and major arterials, routes that provide access to major activity centers, goods movement routes, intermodal facilities, and fixed transit routes. Projects that have completed construction were identified and removed from the 2015 FTIP, while other projects were added, deleted, or modified at the request of project sponsors. All project programming was reviewed to ensure each project clearly identified funding sources and schedule and was accomplished with the concurrence of each project sponsor. The end result is that Riverside County is submitting a list of 382 projects totaling $5.6 billion that conform to the adopted air quality plans in the region, are financially constrained, and affirm project commitment and implementation of TCM. There are 20 TCM projects in the 2015 FTIP with completion dates ranging from December 2014 to December 2020 at an estimated cost of $2.05 billion (36.6 percent of the total 2015 FTIP cost). The 2015 FTIP Update is scheduled for approval by the SCAG Regional Council by September 2014. SCAG subsequently will pursue the necessary state and federal approvals for the 2015 FTIP. These approvals are anticipated to occur by early December 2014. Attachments: 1) Resolution No. 14-013 2) 2015 FTIP Funding Summary — FFY 2014/15 — FFY 2019/20 3) TCM Project Categories Agenda Item 11 98 ATTACHMENT 1 • • • RESOLUTION NO. 14-013 RESOLUTION OF THE RIVERSIDE COUNTY TRANSPORTATION COMMISSION CERTIFYING THAT RIVERSIDE COUNTY HAS RESOURCES TO FUND PROJECTS IN FEDERAL FISCAL YEARS 2014/15 THROUGH 2019/20 TRANSPORTATION IMPROVEMENT PROGRAM AND AFFIRMING COMMITMENT TO IMPLEMENT ALL PROJECTS IN THE PROGRAM WHEREAS, Riverside County is located within the metropolitan planning boundaries of the Southern California Association of Governments (SCAG); and WHEREAS, the Moving Ahead for Progress in the 21st Century (MAP -21) requires SCAG to adopt a regional transportation improvement program for the metropolitan area; and WHEREAS, the MAP -21 also requires that the regional transportation improvement program include a financial plan that demonstrates how the transportation improvement program can be implemented; and WHEREAS, the Riverside County Transportation Commission (RCTC) is the agency responsible for short-range capital and service planning and programming for the Riverside County area within SCAG; and WHEREAS, as the responsible agency for short-range transportation planning, the RCTC is responsible for developing the Riverside County Transportation Improvement Program (TIP), including all projects utilizing federal and state highway and transit funds; and WHEREAS, the RCTC must determine, on an annual basis, the total amount of funds that could be available for transportation projects within its boundaries; and WHEREAS, the RCTC has adopted the FFY 2014/15 through FFY 2019/20 Riverside County TIP with funding for FFY 2014/15 and FFY 2015/16 available and committed, and reasonably committed for FFY 2016/17 through FFY 2019/2020. NOW, THEREFORE, BE IT RESOLVED by the RCTC that it affirms its continuing commitment to the projects in the FFY 2014/15 through FFY 2019/20 Riverside County TIP; and BE IT FURTHER RESOLVED, that the FFY 2014/15 through FFY 2019/20 Riverside County TIP Financial Plan identifies the resources that are available and committed in the first two years and reasonably available to carry out the program in the last four years, and certifies that: 1 Projects in the FFY 2014/15 through FFY 2019/20 Riverside County TIP are consistent with the proposed 2014 State Transportation Improvement Program scheduled to be approved by the California Transportation Commission in March 2014; and 99 2 All of the projects in the Riverside County TIP have complete funding identified in the Program. 3 Riverside County has the funding capacity in its county Surface Transportation Program (STP) and Congestion Mitigation and Air Quality Program (CMAQ) allocation to fund all of the projects in the FFY 2014/15 through FFY 2019/20 Riverside County TIP, and 4 The local match for projects funded with federal STP and CMAQ program funds is identified in the TIP, 5 All the Federal Transit Administration funded projects are programmed within MAP -21 Guaranteed Funding Levels. APPROVED AND ADOPTED this 12th day of March, 2014. Marion Ashley, Chair Riverside County Transportation Commission ATTEST: Jennifer Harmon, Clerk of the Board Riverside County Transportation Commission • • • 100 Rivers Local Fund Summ(options) 2015 FTIP (FY 2014/2015 - FY 2019/2020) Local Highway, State Highway, Transit County Approved Cost in Thousands ATTACHMENT 2 • 2014/2015 2017/2018 2018/2019 2019/2020 Total AVUUNS 1 LO CAL - ADVANCED CO NSTRUCTION AGENCY AGENCY 1 097 467 45 851 134 264 392 006 208 481 137 224 126 412 1 044 238 BONDL BON DS - LOCAL 14 495 50 000 224 500 323 500 910 000 200 000 150 000 1_858 000 701 565 CITY CITY FUNDS 315 055 116 224 223 210 41 328 122 494 57 384 140 925 CO _,... DEV FEE COUN TY DEVELOPER FEES 132 847. 17 987 66 357 20 052 520 58 078 35 000 115 685 14 091 96 685 111 000 115 968 401 500 57 808 ERV TUMF FA RE EASTERN RIV TUMF 34 602 41 404 4 3 208 3 000 11 850 39 750 FARE REV ENUE 2 500 LTF LOCAL TRA NS FUND S 147 362 PVT PRIVATE FUND S 7 868 500 2 000 RED REDEVELOPMENT FUN DS 18 812 342 975 TDA4 . TDA A RTICLE #4 7 485 WRVTUMF WESTERN R IV TUMF 179 795 __ . 55 373 101 802 29 800 90 000 25 600 40 400 X RIV RIV CO SALES TA X 249 410. 66 208 48 836 47 920 141 225 37 036 35 000 376 225 SubTotal Local 2 264,589 420 065 794,918 988 239 1,596 826 568244 532 487 4 909,779 Abe /bb STATE AB2766 92 577 577 CMIA GRV -NH CORRIDO R MOBILITY PROGRA M 195,977 N ATIONAL HIGH WAY SY STEM 264,449 26,660 26,660 GRV-STP SU RFA CE TRANS PROG - GAR VEE 240,000 LBSRA NH-IIP LOCAL BRIDGE SEISMIC RETROFIT ACCOUNT N ATION AL HWY SYSTEM - IIP 208 157 57 126 4,221 4,561 ,638 NH -RIP PTMISEA SH OPPAC NATIONAL HWY SYSTEM - RIP PUBLIC TRANS MODERINAZATION IMP 58,187 58,433 " _ ... .._ . SHPACMIN.. .. .. SLP SHOPP - AD VA NCE CONSTR UCTION SHOPP A DVA NCE CONSTRU CTION (A C) - 57,229 8 391ry X470 32,453 530 49,844 628 1,000 _ STATE LOCA L PARTNER 58 381 , STA STA -PUC STA TE TRA NSIT ASSIST �. ___. ..._ 24,243 25,000 2 500 10,000 5,000 000.. STATE PU C 15,000 STCASHCT STATE CASH - CT MINOR PROG RAM 248 STCASHI STATE CASH - IIP 3,932 STCASHR STA TE CA SH - RIP_ .. 38,928 STCASHS STATE CASH - SH OPP 4,084 STIPACRP STIP A DVAN CE CON -RIP 56,000 7,550 97,790 105 ,340 STPE-I STP ENHA NCE-IIP TEA 2,390 STPE-R STP ENH ANCE -RIP TEA 1,600 rint Date: 1/7/2014 11:25:20 AM 101 Page: 1 of 3 OU T HERN CALIFORNIA Fund Summary (options) 2015 FTIP (FY 2014/2015 - FY 2019/2020) Local Highway, St ate Highway, Transit County Approved Cost in Thousands RiversidcCounty�. St t ae STP-GR STP-GRANDFATHER RIP 69,610 STP-R IP SUR FA CE TRANS PROG - RIP 54,348 10 8 965 8,975 TCIF TRADE COR RIDOR PROGR AM 129,155 TCRF TR AFFIC CONGESTION RELIEF 48,974 Su bTo tal State 1 432 734 46,148 130,400 597 19,091 9,221 205 457_ 1'�.UGI a■ 11 a1 1JIL 5307 FTA 5307 UZA FORMULAR 87,057 5307IC IND IO-CATHEDRAL CITY URBANIZED AREA 4,790 5307MT MURRIETA -TEMECULA-MEN IFEE URBANIZED AREA 5,370 5307 -OP 5307RS { FTA 5307 -OPERA TING 7 025 _ RIVERSI/SA N BERN ARD INO DE URBANIZED AREA 6,736 5307-TR : FTA 5307 (FH WA TRANSFER FUND S) 32,091 5308 CLEAN FUEL FORMU LA 7,318 5309a FTA 5309(a) GUIDEWY 10,867 5309b FTA 5309(111) NEW RAIL 75,000 5309c FTA 5309(c) BUS 12,723 5310 ' FTA 5310 ELD AND DISABI 3,495 5311 F FTA 5311 NON -U ZA 2, 633 5316 FTA 5316 JOB A CCESS PR OGRAM FTA 5317 NEW FREEDOM PROG RAM AR RA - FTA 5307 2 b 00 987 987 461 5317 AR -5307 1,657 13,440 461 AR -5311 A RRA - FTA 5311 50 S -PA RK STA TE PARK FUNDS 46 SubTotal Federal Tran sit 272,998 1,448 1,448 Federal Highway 1112 ! RECREATION AL TRAILS 339 2006EAR 2009EAR FFY 2006 APPROPR IATIO NS EARMARKS ..... ._. FFY 2009 A..ro.nations Earmarks 4 229. 1 330 2010EAR • AR-RSTP IFFY 2010 APPROPRIA TIONS EARMARKS AR RA - REGIONA L SURFACE TRA NSPORTATION PROGRA M 674 10,415 CMA • CMA • 172 646 18 173 25 111 26 800 70 084 DEMOSTL DEMO-SAFETEA-LU 27 389 1 440 1 440 2 880 DEMOT21 DEMO - TEA 21 9 476 FLH FEDERAL LAND S HIG HWAYS PRO GR AM 10 298 'H BRR-L GE - LOCAL ` 46 138 — 14 762 4 614 38 413 322 250 - 383 231 238 IM TER STATE MAINTENA NC _ Page: 2 of 3 Print Date: 1/7/2014 11:25:20 AM t:OiVE ' iOE Fund Summoptions) 2015 FTIP (FY 2014/2015 - FY 2019/2020) Local Highway, State Highway, Transit County Approved Cost in Thousands • rl,n YUI3LIU LA ND HWYS 631_ PNR S PROJECTS OF N ATIONAL AND REGIONAL SIGNIFICANCE SCE129 22,750 SECTIO N 129 - SURF ACE TRANSPORTATION PRIORITIES 2,861 _ - ___ . ..... . SEC 125 Section 125 -Surface Transportation Priorities 1,425 "` "' STP SU RFACE TRAN S PROG 2,425 1,739 1 739 . ...._ STP4818 SU RFA CE TRANS PROG - HR4818 STPL 2,222 STP LOCA L SubTotal 147,391 26,264 24,524 8,375 1,275 146 60,584 Federal Highwy 462,639 49,307 67,576 39,789 39,688 322,396 518,756 Innova tive F inanrn TIFIA SubTotal TRAN SPORTA TION INFRA STRUCTURE FINANCE & INN OVATION ACT Innovativ e Finan ce 421,054 421,054 854,014; 96 ,655,605 899 86 ".,487 626,440 Print Date: 1/7/2014 11:25:20 AM 103 Page: 3 of 3 • • • ATTACHMENT 3 2015 FTIP - Transportation Control Measure's Project Category FTIP ID Lead Agency Project Title TCM Program Year* Total Project Cost (in 000's) Project Status Co m Date R1V041030 Riverside Transit Agency Hemet Transit Facility FFY 09/10 1 ,442 PA&ED 12/31/2015 Riverside Transit RIV050553 Agency Temecula-Murrieta Transit Center FFY08/09 9,135 Pre PA&ED 12/31/2015 RIV071240 Moreno Valley Cactus Ave Wideni ng and Signal Synchronization FFY 12/13 3,500 Construction 2/28/2015 RIV071250 RCTC SR -91 Corridor Improvement Project FFY 12/13 1,311,660 Design Build 9/4/2017 RIV071267 RCTC 1-15 Corridor Improvement Project FFY 14/15 433,000 PA&ED 12/31/2020 RIV090609 Riverside Transit Age ncy Advance Traveler Info rmatio n Systems FFY 09/10 740 —sign 12/31/2035 R1V110914 RCTC fo r Indian Health Inc. Mini -Van Expans FFY 10/11 220 Purchasing Vehicles 12/31/2014 • FT As of 1/14/2014 104 DRAFT 2015 FT1P - Transportation Control Measure's Project Category FTIP ID Lead Agency Pr oject Title TCM.Pr ogram Year` Total Project Cost (i n 000's) Pr oject' Status Completion Date R1V111207 RCTC Western Ri verside County Park N Rid e Facilities FFY 12/13 690 - Ongoing 12/31/2018 R1V151201 Eastv ale Hamner Avenue Traffic Signal Synchronization of six signalized intersections FFY 14/15 384 Pre PA&ED 12/31/2015 R1V151202 Moreno Valley Traffic Man ag ement Center and Traffic Signal Synchronization of 45 signalized intersecti ons FFY 15/16 2,4 Pre PA&ED 12/3 1316 RIV151205 Riv erside Traffic Signal Sychronization of 49 sign alized intersections FFY 15/16 1,857 Pre PA&ED 12/31/2016 R1V151207 Riverside 4. 3 mile Pedestrian Walking Path adjacent to Santa Ana Bicycle Trail FFY 15/16 3,250 Pre PA&ED 12/31/2018 RIV151209 Riverside Bicycle Share Program in downtown Riverside and UCR locations FFY 14/15 303 Pre PA&ED 12/31/2015 R1V151210 Riverside County 7. 2 mile Salt Creek Multi - Modal Trail from Canyon Lake to Menifee to Hemet FFY 15/16 6,405 Pre PA&ED 12/31/2020 • • As of 1/14/111 105 • 2015 FTIP - Transp ortation Control Measure's Project Category FTIP ID L ead Age ncy Project Title TCM Pr ogram Year * Total Pr oject Cost (in 000's) Project Status Compl etion Date R1V151211 Riverside Transit Agency Limited Stop Ser vice From UCR to the Galleria at Tyler FFY 15/16 12,283 Pre PA&ED 12/31/2020 R1V151213 Wildomar Grand Ave Phase I Bicycle Lanes from Clinton Keith Rd to David Brown Middle School FFY 14/15 951 Pre PA&ED 12/31/2015 R1V151214 Wildomar Grand Ave Phase II Bicycle Lanes from Corydon Rd to David Brown Middle School FFY 15/16 1,019 Pre PA&ED 12/31/2016 RIV151215 Riverside Bruce Street Pedestrian Sidewalks fro m Adair Ave to Lake Street FFY 14/15 403 Pre PA&ED 12/31/2016 R1V520109 RCTC Perris Valley Line FFY 08/09 248,251 Co nstruction 12/31/2015 RIV520111 RCTC Western Riverside County Regional Rideshare FFY 04/05 .2857 Ongoing 6/30/2018 2,050,750 * TCM Program Year includes carry over projects fro m prior Fm's • FT As of 1/14/2014 106 • • e AGENDA ITEM 12 • • • • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: February 24, 2014 TO: Budget and Implementation Committee FROM: Grace Alvarez, Planning and Programming Manager THROUGH: Shirley Medina, Planning and Programming Director SUBJECT: 2009 Measure A Maintenance of Effort Base Year Adjustment for City of Wildomar STAFF RECOMMENDATION: 1) Approve the adjustment to the city of Wildomar's (Wildomar) 2009 Measure A Maintenance of Effort (MOE) base year; and 2) Forward to the Commission for final action. BACKGROUND INFORMATION: Measure A imposes several requirements on local agencies in order to receive local streets and roads funds. The 2009 Measure A ordinance continued the requirement for local agencies to maintain the current commitment of local discretionary expenditures, such as the general fund toward transportation construction and maintenance activities. This requirement is to ensure Measure A funds supplement current expenditures, not supplant. In accordance with the 2009 Measure A ordinance, if local agencies do not meet the respective MOE base year level in a given year, Measure A Local Streets and Roads disbursements will be withheld the following year. As a newly incorporated city, Wildomar submitted the MOE base year level in 2013, based on the MOE guidelines that state a newly incorporated city determines its respective MOE base year levels after the third year of incorporation. For Wildomar, the third year after incorporation was FY 2011/12. At its July 2013 meeting, the Commission approved Wildomar's Measure A MOE base of $22,100. Wildomar is requesting an adjustment to its base year level from $22,100 to $0. The request is based on the fact that the MOE FY 2011/12 base year included electrical charges for street lighting that were erroneously coded to the general fund when these should have been coded and paid out of the gas tax fund. Wildomar corrected the FY 2011/12 charges through a prior year period adjustment, as reflected in Wildomar's FY 2012/13 audited financial statements. Therefore, there are no general fund expenditures for transportation -related construction and maintenance activities in FY 2011/12, resulting in a revision to the Measure A MOE base year of $0. Agenda Item 12 107 Staff supports Wildomar's request to adjust its 2009 Measure A MOE base year FY 2011/12 to $0, as it is consistent with the MOE guidelines. Additionally, tiis appears reasonable given the fact prior to the incorporation of Wildomar, the Riverside County had no general fund expenditures. As a newly incorporated city, Wildomar will continue the same practice with an MOE of $0. There is no financial impact to the Commission related to the adjustment of Wildomar's 2009 Measure A MOE base year. Attachment: City of Wildomar Restatement of FY 2011/12 MOE • • • Agenda Item 12 108 rsha Swanson, Mayor Ben Benoit, Mayor Pro Tem Bob Cashman, Council Member Bridgette Moore, Council Member Timothy Walker, Council Member December 17, 2013 Theresia Trevino Riverside County Transportation Commission P.O. Box 12008 Riverside CA 92502 4080 Lemon Street, 3`d Floor Riverside, CA. 92501 EVEINEO I_JEC :. 9) 2013 .112 TRANSPORTATION CCOONTY MMISSION RE: City of Wildomar's Restatement of 2012/ 13 Maintenance of Effort Dear Mrs. Trevino, Alkie City of Wildomar is submitting the attached restated 2012/13 Maintenance of Effort (MOE) spreadsheet and Illackup for your review and comment. In June of 2013, the City had discussed with RCTC via e-mail our intent to restate the City's Base Year MOE. We are doing so after the FY 12/13 financial statements have been restated for public record. Our prior 2011/2012 base year MOE spreadsheet included $22,100 general fund expenditure for street lighting electrical charges. It was determined that these expenditures were miscoded and the backup provided shows that there were no general fund expenditures for transportation related construction and maintenance activities in the reporting FY. The backup provided is a prior period adjustment which now shows the $22,099.82 FY 2012/ 13 expenditure as a gas tax expenditure. Please feel free to contact me if you have any questions or need further backup. I can be reached at 951-677-7751 ext. 208 or by e-mail mbennett(a�cityofwildomar.org. Sincerely, Matt Bennett Deputy City Engineer Enclosures: FY 2012/13 MOE FY 2011/12 MOE Atior Period Adjustment Backup e 4, 2013 e-mail (re. City of Wildomar MOE Restatement) 109 • • 0 2012/13 C onstructi on and Maintenance E xpendit ures (Ro und to near est d oll ar) Project Expe nditures Incl uded In Gen Constructi on: CLINTON KEITH / I•Ss BUNDY CANYON / SCOTT ROAD WIDENING SAFE SIDEWALKS TO SCHOOLS PHASE I SAFE SIDEWALKS TO SCHOOLS PHASE 9 GRAND AVE. SIDEWALK HIDDEN SPRINGS / CLINTON KEITH RD TRAFFIC SIGNAL PALOMAR STREET CLINTON KEITH WIDENING COTTONWOOD/ LOST ROAD DRAINAGE ILedger Total Cost Main te nance: STREET MA INTENANCE CONTRACTOR TRAFFIC SIGNAL MAINTENANCE • ELECTRICITY ACCESSIBILITY IMPROVEMENTS ROADWAY SAFETY IMPRO VEMEN TS SLURRY SEAL PROGRA M UNPAVED ROADWAY CITYWID E MAINTENANCE PROGRAM STREET LIGHTS ErrpineeringfAdminiSNa Nve t7verhe Prgiectx: PUBLIC WORKS ADMINISTRATION : O THER (MISC ADMIN, TRAFf1C CCHJNTS, TLMA 'fatal Project C lnter tngjA dmfnlstrestive O verhead N ot Allarnte d to.. facts: Fu nding Breakdown, C,er� eral'Fund Meas A federal State " City Funds "' Other $ 447,305.00 $ 53,668 .00 S 101.339.00 $ 75,777.00 $ 14,916.00 $.. . .11,962 .00 $ 3,577 .00 $ 28,915.00 $ 1159600 5 261,218.00 $ $ 40,559.00 $ 15,31 00 - 236,172.00 $ 13,586.00 $ 2,041 .00. $ 41,312 .00 $ 61,322.00 , S 21,301.00 at e Reason Why Project Expendit ure Sho u(dBe Deducted ra m-MOE • OTHER COLUMN'::. : .DES .... TAY EXPENDIi URES " STATE FUNDS INCLUDE:TDA,5R75, ACLMD •" CITY FUNLiS INCLUDE LLM&D, CSA' FY 2011/12 Construction and Maintenanc e Expenditures lnuursu su IICUI cis a+vrra.r1 f und lntj Br eakd ow n Project ttures Included In G eneral Ledtet =::' .. T otal C ost Gener al Fund Meas A Federal State '• City Fu nds `•• Other Ca nstrut t on: BUNDY CAN YON IMPR OVEMENTS - $ 97 ,055 .00 CUNTON KEITH / (d5 .. .. S 32,754 .00 BUNDY CA NYON / SCOTT ROAD - ' 370.00 SAFESf0E1, ALKS TO SCHOOLS PHASE I - $ 294,655 .00 SAFE SIDEWALKS TO SCHOOLS PHASE 11 ." $ S1,321'00 1EOUGHT REPtAC£MENT 5 122,833 .00 HIDDEN SPRINGS/ C1,INTCN! KEITH R0 TRAFFIC SIGNAL , . $ 2 ,726'00 Ma tnhcnancr. - STREET MAINTENANCE CO NTRACTOR $ 265,218.00. TRAFFICSiGNALMA IN TENANCE+ELECT RICI TY :. $ 40,559.00 ACCESSiRIMY IMPROVEMENTS ROADWAY SAFETY IMPROV EMEN TS - $ 22,890.00 StURRYSEALPROGRAM $ 105,800.00. r: . UNPAVED ROA DWA Y $ 9.2 2,043 .D7 CITYWIDE MAINTENANCE PROGRAM .. . S- 7# STREET U GHTS - $ 22.100.00 . ,:r: }'1 S 61,322.00 ss n.4 Allo cated 80 Speclftc 1 "} a En gin eering/AdmtnI t3 ate Ove rhead Not PUBLIC WORKS AOM INISTRAT1ON .. ^:;;zrja s '"" $ 34,908.00 $ 290,140.00 OTHER (MISC ADMIN TRAFFIC COUNTS TLMA SLF) .. : � .00 Dedu ctions for Special Consideratio n (D eductions Mu st Also Be Inclu ded tn Project Expen ditures Abov e): Constru ctio n: Maintenance: EnaineerAta/AdministrUWe Overhead Not Allocated to Spe cific Prtjetts: Total Project Cost General Fun d State Reas on Why Project Exp enditur e Sh ould Be Deducted from MOE • O THER COLUMN INCLUDES GAS TAX EXPENDITURES •• STATE FUNDS INCLUDE TDA, 5825, AO MO ••• CITY FUNDS INCLUDE LLMRD, GSA's • expdetl.rpt 12/1212013 8:07PM Periods: 0 thr ough 14 • E xpendit ure D etail Report City of Wildomar 07/01/2012 through 06/30/2013 • Pag e: 1 100 General Fund Account Number 100-450 Public Works/Engineering 100-450-4500 Public Works 100-450-4500-58900 Prior Period Adjustment 0.00 6/30/2013 genjrnl GJ GJ13-12A 6/30/2013 genjrnl GJ GJ13-12AK 100-450.4500-58900 Prior Period Adjustment 0.00 Total Public Works/Engineering 0.00 100.460 Public Safety 100-460.4700 Police 100-460-4700-58900 Prior Period Adjustment 0 .00 6/30/2013 genjrnl GJ G J13-120 6130/2013 genjrnl GJ GJ13-120 100-460-4700-58900 Prior Period Adjustment 0.00 Total Public Safety 0.00 Total General Fund 0 .00 Adju sted Year-to-date Year-to-date Prct Appr opriati on Expenditures Expe nditur es E ncumbrance s Balance U sed 0.00 -22.099.82 18,193,93 -3,905,89 -3,905 .89 0 .00 -171,920.89 171,920,89 0.00 0.00 -3 .905 .89 0 .00 -3,905.89 -3,905.89 0.00 0.00 0 .00 -3,905 .89 0 .00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3,905.89 3 .905 .89 0.00 0 .00 0 .00 0.00 0.00 0 .00 3,905 .89 0 .00 0 .00 0.00 Page: 117 expdetl,rpt 12/12/2013 8:07PM Perio ds: 0 through 14 Expenditure Detail Report City of Wildom ar 07/01/2012 through 06/30/2013 Page: 2 200 Gas Tax Account Nu mber 200-450 Public Works/Engineering 200.450.4500 Public Works 200-450-4500-58900 Prior Period Adjustment 6!30/2013 genjrnl GJ GJ13-12A 6/30/2013 genjrnl GJ GJ13-12AK 200-450-4500-58900 Prior Period Adjustment Total Gas Tax Adjusted Year-to-date Year-to-date Prct Appropriation Expe ndit ures Expendit ures E ncumbra nces Bala nce U sed 0.00 0.00 0.00 0 .00 0.00 0.00 22,099 .82 117,989.17 0.00 140,088.99 140,088.99 0 .00 -140,088 .99 0.00 0.00 140,088.99 140,088,99 0 .00 -140 .088 .99 0.00 Grand Total 0.00 \p9),,, ♦s. . 136.183.10 136,183.10 0 .00 -136.183 .10 0.00 • • 113 Page: 2 • • • • ex pdetl.rpt 12/11/2013 3:16P M Periods: 0 through 14 E xpenditure Detail Report City of Wild omar 07/01/2011 thr ough 06/30/2012 Page: 1 100 General Fund Accou nt Numbe r Adjusted Ye ar-to-dat e Year-t o-date Prct Appropriati on Expenditures Expendit ures Encumbran ces Bala nce Used 100-450 Public Works/Engineering 100-450-4500 Public Works 100-450-4500-53025 Electricity 0 .00 7/31/2011 genjrnl GJ GJ12-01C 7/31/2011 genjrnl GJ GJ 12-01 C 7/31/2011 invoice IN 8511 7/31/2011 invoice IN 71611 8/31/2011 invoice IN 81611 9/30/2011 invoice IN 9311 9/30/2011 invoice IN 10511 9/30/2011 invoice IN 91511 10/31/2011 invo ice IN 101811 10/31/2011 invoice IN 11511 11/30/2011 invoice IN 111711 11/30/2011 invoice IN 12811 12/31/2011 invoice IN 1712 12/31/2011 budadj BA BA12-06A 24,800.00 12/31/2011 invoice IN 121711 1/31/2012 invoice IN 2712 1/31/2012 invoice IN 11812 2/29/2012 invoice IN 21612 2/29/2012 invoice IN 3812 3/31/2012 invoice IN 31712 3/31/2012 invoice IN 4612 4/30/2012 invoice IN 41712 4/30/2012 invoice IN 5512 5/31/2012 invoice IN 6612 5/31/2012 invo ice IN 51612 6/30/2012 invoice IN 71712 6/30/2012 invoice IN 7612 6/30/2012 invoice IN 61512 100-450-4500-53025 Electricity 24,800. 00 Total General Fund 24,800.00 0.00 -354.56 -1,127.92 375.99 1,416 .46 1,418.23 376 .00 375 .98 1,399.06 1,457 .15 376 .31 1,691.32 376 .30 376 .30 1,550 .54 369 .66 1,534 .41 1,562 .12 369 .66 1,575.86 369.66 1,507.61 369.66 369.66 1,466,36 1,194.24 371.19 1,332.57 22,099. 82 22,099. 82 0.00 0.00 0.00 0 .00 22,099.82 22,099.82 0.00 2,700 .18 89.11 0 .00 2,700.18 89 .11 Page: 1 114 expdetl.rpt 12/11/2013 3:16P M Perio ds: 0 through 14 Expenditure Detail Rep ort City of Wildomar 07/01/2011 thr ough 06/30/2012 Page: 2 Grand Total 24,800 .00 22,099.82 22,099.82 0.00 2,700.18 89 .11 • • • 2 115 • e xpdetl.rpt 12/11/2013 3:20P M Perio ds: 0 through 14 • • Expe nditure Detail Rep ort City of Wildomar 07/01/2012 thr ough 06/30/2013 Page: 1 100 Genera l Fund Accou nt Number 100-450 Public Works/Engineering 100-450-4500 Public Works 100-450-4500-53025 Electricity 7/31/2012 invoice 8/31/2012 invoice 8/31/2012 invoice 9/30/2012 invoice 9/30/2012 invoice 10/31/2012 invoice 10/31/2012 invoice 10/31/2012 invoice 11/30/2012 invoice 11/30/2012 invoice 12/31/2012 invoice 12/31/2012 invoice 1/31/2013 invoice 2/28/2013 invoice 2/28/2013 invoice 3/13/2013 invoice 3/31/2013 invoice 3/31/2013 budadj 4/11/2013 invoice 4/30/2013 invoice 5/9/2013 inv oice 5/31/2013 genjrnl 5/31/2013 invoice 100-450-4500-53025 Electricity To ta l Genera l Fund Grand Total IN 8412,8412A,8212 IN 9512 IN 81512 IN 91412 CM 11612 IN 101712 IN 10412 IN 11612 IN 111612 IN 12712 IN 121712 IN 1813B IN 11713 IN 2613B IN 21513 IN 3813C IN 31913 BA BA13-09A IN 4613C IN 41713 1N 43013 GJ GJ13-11B IN 50713C Adjusted Year-to-dat e Year-t o-dat e Prct Appropriati on Expe nditures Expe nditures En cumbrances Balance Used 25,000.00 -20,000.00 0 .00 0.00 0 .00 25,000 .00 0.00 371.19 369 .20 2,604 .13 1,322 .68 -10,904.28 1,399 .96 76.57 76.66 1,446 .22 76.66 1,432.45 76.66 1,464.12 80 .55 1,526.68 80.55 1,517.03 80.55 1,398.87 987.03 -5,556 .11 72.63 5,000.00 0.00 0 .00 0.00 5,000.00 0 .00 5,000. 00 0.00 0.00 0.00 5,000,00 0 .00 5,000. 00 0.00 0.00 0.00 5,000.00 0.00 Page: 1 116 Dan York From: Dan York Sent: Tuesday, June 04, 2013 12:14 PM 'To: 'Eric DeHate'; Timothy Dzmura; Misty Cheng Cc: Grace Alvarez; Theresia Trevino; Shirley Medina Subject: RE: General Fund Expenditures for MOE Certification Attachments: 2009 MOE Template - FY11-12.rev1.xls • Eric, attached as requested is Rev 1 to the MOE Base Year. Added was fund account 100-450-4500-53025 Electricity in the amount of $22,100. The City has found these expenditures were mis-ceded for street light electricity. I understand once the City restates the public record by moving these FY 2011/12 expenses to Gas Tax from General Fund, the City's Base Year MOE will be reduced to $0. What date will you need the restatement? Daniel A. York City Engineer City of Wildomar 23873 Clinton Keith Road Suite 201 Wildomar CA 92595 951.677-7751 951.698.1463 (Fax) 8:00 a.m. - 5:00 p.m. Closed Fridays www-sityoftiltiid mar orq • All e-mail to and from the City of Wildornor may be considered public information and may be disclosed upon request. From: Eric DeHate [mailto:EDeHateeRCfC,orol Sent: Thursday, May 30, 2013 10:27 AM To: Timothy Dzmura Cc: Grace Alvarez; Dan York; Theresla Trevino; Shirley Medina Subject: RE: General Fund Expenditures for MOE Certification TIM, I spoke to Theresia about the General Fund expenditures submitted. She asked if the City of Wildomar could re -submit the MOE spreadsheet including the General fund expenditures for Streetlight electricity to be part of the MOE base year for FY11/12. She stated that after FY 12/13 closes, the City of Wildomar could petition the Base Year MOE after the Financial statements were restated for public record and RCTC was able to review the restated financials. Then the MOE base year General Fund expenditures could be reduced to $0. Eric DeHate Programming Staff Analyst Riverside County Transportation Commission 951-778-1095 From: Timothy Dzmura [malltszidzmiraCa�cittofwlldom r.orc l ' t: Monday, May 20, 2013 10:44 AM "7o: Eric DeHate 1 117 Cc: Grace Alvarez Subject: RE: General Fund Expenditures for MOE Certification •HI Eric, Here is the short answer after e fte we researched your question ... The charges were mis-coded and will be transferred to Gas Tax for this year and all prior years. All prior year adjustments will take time but will be complete before the FY ends. Therefore, there will be zero general fund related to maintenance of the city's street system. So ... the City greatly appreciates your "catch" of this issue. Finance continues to refine the accounting system in the City, no fault of theirs, having just recently implemented a new system — Eden. Please let me know if this answers your question. Tim Tim D'Zmura Director of Public Works City of Wildomar 23873 Clinton Keith Road Suite 201 Wildomar CA 92595 00951.677.7751 x211 951.698.1463 (Fax) City Hall Hours: Monday - Thursday 8:00 a.m. - 5:00 p.m. Closed Fridays immializehaimisas From: Eric DeHate fmailto:EDeHateORCTC.org] Sent: Tuesday, May 14, 2013 3:26 PM To: Timothy Dzmura Cc: Grace Alvarez Subject: General Fund Expenditures for MOE Certification Good Afternoon Tim, Grace and I were looking through your packet and saw that the General Fund was paying for electricity for some streetlights. Does the General Fund cover any street maintenance (capital or operational), traffic signal or traffic sign costs? Eric DeHate Programming Staff Analyst 2 118 Riverside County Transportation Commission 951-778-1095 3 119 • AGENDA ITEM 13 • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: February 24, 2014 TO: Budget and Implementation Committee FROM: Jillian Guizado, Staff Analyst THROUGH: Brian Cunanan, Commuter and Motorist Assistance Manager SUBJECT: SB 821 Program Revisions STAFF RECOMMENDATION: This item is for the Committee to: 1) Approve the allocation of $285,897 to the city of Temecula (Temecula) to fully fund the Pauba Road Sidewalk Improvement project and apply $2,114 to the next SB 821 Call for Projects (SB 821 Call); 2) Approve the Technical Advisory Committee (TAC) SB 821 subcommittee's (subcommittee) recommendation to maintain a competitive Call is to extend the SB 821 Call from its current annual basis to a biennial basis, and set the SB 821 Call release date • for the first Monday of every other February and the SB 821 Call close date for the last Thursday of every other April, beginning February 2015; and 3) Forward to the Commission for final action. • BACKGROUND INFORMATION: Each year, 2 percent of the Local Transportation Fund (LTF) revenue is made available for use on bicycle and pedestrian facility projects through the Commission's SB 821 program. This is a discretionary program administered by the Commission. At its June 2013 meeting, the Budget and Implementation Committee reviewed and forwarded to the Commission the SB 821 Bicycle and Pedestrian Facilities Program FY 2013/14 recommended funding schedule (funding schedule). Several committee members commented on concerns with the existing SB 821 evaluation criteria, last revised in 1995. As such, a TAC subcommittee was created to accomplish the task of reviewing and updating the SB 821 Program. At its July 2013 meeting, the Commission approved the funding schedule. In October 2013, staff received a letter from the city of Eastvale withdrawing its Scholar Way project from the funding schedule, freeing up $144,853. At its November 2013 meeting, the Commission approved the revised funding schedule to reallocate $98,500 to fully fund the city of Indio's Jefferson Street Sidewalk project and to allocate the remaining $46,353 to partially Agenda Item 13 120 fund Temecula's Pauba Road Sidewalk Improvement project. Temecula agreed to provide the original match of 20 percent to the $46,353, all of which will be used for the design of the proposed facility. In January 2014, the Commission approved the FY 2013/14 Mid -Year Revenue Projections presented by the Finance Department. That item included a projection of increased SB 821 funding of $288,011. DISCUSSION: Temecula Allocation Staff examined the revised funding schedule where it was discovered that the amount needed by Temecula to fully fund the Pauba Road sidewalk improvement project is $285,897. Staff is recommending another revision to the funding schedule to combine the previously allocated amount of $46,353 with the $285,897 from the increased revenue projection to fully fund Temecula's project in the amount of $332,250. City staff stated Temecula can provide the originally proposed 20 percent match in the amount of $84,450 to complete the project. The remaining $2,114 of the projected increased SB 821 funding will be applied toward the next SB 821 CaII. Subcommittee Recommendation The TAC SB 821 subcommittee consisted of 15 volunteers, equally representing Western Riverside County (WRC) and Coachella Valley (CV). On November 7, the subcommittee convened for its first meeting with 8 members in attendance. The subcommittee discussed the administration of the SB 821 program looking at the following possibilities: • Annual distribution of funds on a per capita basis (no longer administer funds through a competitive call for projects); • Annual or biennial distribution of funds through a competitive call for projects with separate funds for WRC and CV as determined on a per capita basis; • Annual distribution of funds through a competitive call for projects (current administration method); and • Biennial distribution of funds through a competitive call for projects. The subcommittee determined that distributing funds on a per capita basis was not desirable due to the extremely small amounts of funding some of the small CV cities would receive. Members of the subcommittee felt that maintaining a competitive call for projects, even if a jurisdiction does not receive an allocation every year it proposes a project, generally allows cities to secure more funding for a specific project than the jurisdiction would have received if funds were distributed on a per capita basis. • Agenda Item 13 121 • • • Distribution of funds on an annual basis versus a biennial basis was discussed at length. The subcommittee members discussed the benefits and drawbacks of the current annual administration method. The most notable benefit was the ability to compete annually to secure funds for bicycle and pedestrian projects. Several drawbacks were presented, including staff shortages, the minimal amount of funds available in each SB 821 Call, and the difficulty to obtain the appropriate evaluation committee members. Therefore, the subcommittee recommends maintaining a competitive call for projects, extending the SB 821 Call from its current annual basis to a biennial basis, and setting the SB 821 Call release date for the first Monday of every other February and the SB 821 Call close date for the last Thursday of every other April, starting in 2015. In the place of a 2014 call, the subcommittee proposed that bimonthly meetings be held following the TAC meetings throughout 2014, to revise additional SB 821 Program administration policies. These policies may include the evaluation criteria, composition of the evaluation committee, and allowable expenses and claim processes. Staff will present a comprehensive report of the subcommittee's recommendations to the Commission for final approval prior to the February 2015 SB 821 Call release. Staff proposes the approval of the subcommittee's recommendation to maintain a competitive SB 821 Call, extend the SB 821 Call from its current annual basis to a biennial basis, and set the SB 821 Call release date for the first Monday of every other February and the SB 821 Call close date for the last Thursday of every other April, beginning February 2015. Financial Information In Fiscal Year Budget: N/A Year: FY 2014/15 Amount: $285,897 Source of Funds: LTF Budget Adjustment: N/A GL/Project Accounting No.: 601 62 86106 Fiscal Procedures Approved: \14 .ev Date: 02/18/14 Attachments: SB 821 FY 2013/14 Recommended Funding Schedule Agenda Item 13 122 • • • Rank Agency 1 Menifee 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 30 31 32 Perris Moreno Valley Riverside San Jacinto Riverside Moreno Valley Wildomar Eastvale Hemet Riverside County San Jacinto Riverside County Coachella Riverside Menifee Jurupa Valley Indio Indio Temecula Desert Hot Springs Palm Springs Lake Elsinore Jurupa Valley Palm Springs Lake Elsino re Beaumont Banning Lake Elsinore Lake Elsino re Lake Elsinore Totals RIVERSIDE COUNTY T ORTATION COM MISSION SB 821 BICYCLE AND PED IAN FACILITIES PROGRAM FY 2013/14 RECOM MENDED FUNDING SCHEDULE Project Description Total Costs • SB 821 Funds Recommended C ummulati ve A verage Requested Allocation Funds Allocated Score McCall Boulevard Sidewalk Improvements Ruby Drive Sidewalk and Pedestrian Bridge Pedestrian and Bicycle Enhancements Market Street Bike Facilities Chase Street/Ramona Expressway Sidewalk Rutland and Gramercy Avenue Sidewalks Access Ramp Pedestrian Enhancements George Avenue Sidewalk Infill Improvements Scholar Way Sidewalk Accessibility Improvements Gilbert Street ADA Ramps Van Buren Street Cawston Avenue Sidewalk Improvements Columbia Street Rancho Las Flores Park Sidewalk Improvement Wheelchair Ramps Construction Garbani Road Sidewalk Improvements Golden West Avenue Sidewalk Infill Project Highway 111 Pedestrian Accessibility Project Jefferson Street Sidewalk Pauba Road Sidewalk Improvements Cabot Yerxa Elementary Ped. Improvements Indian Canyon Drive Bicycle Lanes Missio n Trail from Hidden Trail to Olive Pyrite Street Sidewalk Infill Project Missing Link Sidewalks Sumner Ave between Lewis and Scrivener Brookside Avenue Sidewalk Sunrise Avenue Sumner Av enue at Scrivener Corydon Road from Cereal to Palomar Lewis Street between Sumner and Heald $ 130,300 $ 108,000 $ 608,000 $ 62,517 $ 60,000 $ 380,042 $ 312,000 $ 139,429 $ 289,706 $ 133,000 $ 550,000 $ 340,000 $ 351,000 $ 150,000 $ 267,600 $ 68,750 $ 140,000 $ 164,100 $ 262,525 $ 416,700 $ 3,229,000 $ 30,550 $ 971,586 $ 59,000 $ 132,150 $ 77,708 $ 119,650 $ 150,000 $ 114,335 $ 618,592 $ 69,230 $ 65,000 $ 50,000 $ 125,000 $ 31,259 $ 30,000 $ 190,021 $ 125,000 $ 69,714 $ 144,853 $ 66,500 $ 275,000 $ 45,000 $ 175,500 $ 75,000 $ 133,800 $ 34,375 $ 70,000 $ 74,900 $ 98,500 $ 332,250 $ 195,000 $ 21,380 $ 667,835 $ 46,200 $ 92,500 $ 33,404 $ 59,825 $ 105,000 $ 44,943 $ 409,794 $ 30,365 S 10,699,951 S 4,004,012 * City submitted project withdrawal 10/2/2013 due to developer building project. 65,000 50,000 125,000 31,259 30,000 190,021 125,000 69,714 0* 66,500 275,000 45,000 175,500 75,000 133,800 34,375 70,000 74,900 98,500 332,250 65,000 115,000 240,000 271,259 301,259 491,280 616,280 685,994 685,994 752,494 1,027,494 1,072,494 1,247,994 1,322,994 1,456,794 1,491,169 1,561,169 1,636,069 1,734,569 2,066,819 S 2,066,819 79 .17 78 .83 78 .83 77.83 77.67 76.67 74 .33 74.33 73.83 73 .83 73 .50 73 .33 72 .33 71 .17 71 .17 71 .00 70 .17 69 .83 69 .67 69.17 66 .83 66.00 64.33 64.17 62 .67 61.00 60 .33 58 .83 58.00 57 .50 53.83 Revised: Feb. 2014 123 • • • • AGENDA ITEM 14 • • • • • • oan Repaymen RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: February 24, 2014 TO: Budget and Implementation Committee FROM: Aaron Hake, Government Relations Manager THROUGH: John Standiford, Deputy Executive Director SUBJECT: State and Federal Legislative Update STAFF RECOMMENDATION: This item is for the Committee to: 1) Receive and file the Legislative Update; and 2) Forward to the Commission for final action. BACKGROUND INFORMATION: State Update Governor's 2014 Budget Proposal Last month Governor Brown released his 2014 state budget proposal. Whereas in recent years transportation stakeholders became accustomed to spending reductions, fund borrowing, and other transfers to keep programs as stable as possible, this budget release featured a $1.7 billion top -line increase in spending over last year. The transportation portion of the Governor's budget accounts for $15.8 billion. The following table summarizes elements of the transportation budget garnering the most attention and of consequence to the Commission: Item Amount Comments HUTA 1 Commuter Rail Connectivity High - $100 million $250 million $50 million Full repayment of a 2010 loan to the General Fund from this account which supports city and county local street and road maintenance. Cap -and -trade auction revenues will be used to fund the initial operating segment of the high-speed rail project. Administered by Caltrans in a competitive grant program for projects that connect regional rail services to the state high-speed rail project. Rail agencies in Southern and Agenda Item 14 124 Northern California must be consulted. This program is also funded from cap -and -trade. $100 million Administered by the Strategic Growth Council for projects that implement SB 375 Sustainable Communities Strategies. Projects could include active transportation, transit - oriented development, clean transportation, and affordable housing. This competitive grant program is also funded by cap -and - trade. $793 million The final remaining funds available under Prop. 1B for public transit operators from the Public Transportation Modernization, Improvement and Service Enhancement Account (PTMISEA) Additional transportation loan funds are proposed for repayment. The Governor recommends investing these proceeds as follows: $110 million for rehabilitation of the state highway system, $100 million for traffic management and mobility projects, $27 million for highway pavement maintenance, $9 million for active transportation projects, and $5 million for environmental mitigation. Commission staff, working in conjunction with the Self -Help Counties Coalition (SHCC), and the California Association of Councils of Governments (CALCOG), will pay particular attention to the investment of cap -and -trade funds and the process by whici those funds are administered. The Commission and its allies strongly believe cap -and -trade funds should be administered as a regional grant program to fund the Sustainable Communities Strategies (SCS) adopted by regions to meet the state mandates of AB 32 and SB 375. Given that regional governments have been tasked with implementation of these ambitious state priorities, staff believes the state should provide the resources to deliver the plans the Commission adopted towards those ends. Assembly Republicans Release Transportation Funding Plan The Assembly Republican Caucus unveiled its own transporta'i:ion investment proposal in early February. The GOP plan identified an additional $2.5 billion of unpaid transportation loans to General Fund. The component of the plan that garnered the most media attention involves returning most of the Proposition 1A High -Speed Rail bond to the ballot and asks voters to repurpose the bond funds for conventional, more immediate rail and highway improvements. Additionally, the plan seeks to return truck weight fees to funding transportation programs, rather than the General Fund (approximately $900 million annually), and reforming a portion of the 2010 fuel tax swap that replaced the state's sales tax on motor fuels with a fluctuating excise tax. The release of this plan was spearheaded by Riverside County Assemblyman Eric Linder of Corona, Vice Chair of the Assembly Transportation Committee. • • • Agenda Item 14 125 • • Item Amount Comments $2.5 billion The Assembly GOP claims $2.5 billion of unpaid loans to the General Fund preceded Proposition 42 (2002), which sealed -off transportation funds from being raided. $8 billion All but $2 billion of the original Proposition 1A High -Speed Rail bond would be repurposed as follows, upon voter approval: • 40% highway maintenance • 40% highway construction • 20% port and freight improvements $1.5 billion Partially unwinds new model where a fluctuating excise tax on fuels is levied in lieu of a sales tax on gasoline. This "tax swap" was enacted to be revenue neutral, yet open some transportation revenues for General Fund relief. By reverting to the Proposition 42 model, more revenue would be protected for transportation purposes. $900 million During previous budget crises, weight fees were diverted to pay debt service on Prop 1B transportation bonds. This had the effect of turning Proposition 1B into a revenue bond rather than a general obligation bond. This proposal would return weight fees to fund transportation programs. California State Transportation Agency Releases Major Reports For more than a year, the newly -formed California State Transportation Agency (CaISTA) has been working on a serious introspective analysis of the role and function of Caltrans and the state of California in general when it comes to transportation. Agency Secretary Brian Kelly led the California Transportation Infrastructure Priorities (CTIP) group, a collection of stakeholders providing recommendations on the vision for CaISTA, Caltrans, and the state's investments. The CTIP group will continue working in 2014, and a set of interim recommendations has been published. Staff is still analyzing this interim document and will return to the Commission with analysis and proposed responses in the near future. Also, CaISTA commissioned a full, independent review of Caltrans by the State Smart Transportation Initiative (SSTI) based at the University of Wisconsin. SSTI worked with 19 state departments of transportation (DOT's) across the country, helping offer best practices and reform recommendations. Released in late January, the SSTI review of Caltrans was highly Agenda Item 14 126 critical and brought to light significant issues worthy of further review by all transportation stakeholders in California. As with the CTIP report, staff is still analyzing the report and will bring forth further information to the Commission in the near future. In general, staff commends CaISTA leadership for taking a thorough look at the state's role in transportation and opportunities for reform. The Commission will continue to engage constructively with CaISTA to deliver transportation solutions for California, and specifically Riverside County. Commission Sponsored Bills Introduced SB 953 (Roth) was introduced on February 6 on behalf of the Commission. This bill will grant authority to the Commission to enforce parking rules at the Metrolink stations in Riverside County. As discussed at the Commission's January meeting, this enforcement authority does not presently exist due to an artifact of how state law is written. As of the time of this report, SB 953 is pending referral to a policy committee by the Senate Rules Committee. Given the bill has no fiscal impact on the state, SB 953 will not need review by Appropriations Committees, thereby hopefully leading to a more streamlined process through the Legislature. AB 1721 (Linder) was introduced in the Assembly on February 13 on behalf of the Commission. This bill will exempt the Interstate 15 Corridor Improvement Project from a state law that prohibits tolling of green- or white-stickered zero -emission vehicles (ZEV's). Presently, every other tolled facility in California other than the future 1-15 Express Lanes and future Bay Area Express Lanes network do not have to abide by this state mandate. The Commission is seeking equity and local control of tolling policy, given the Commission is incurring hundreds of millions of dollars in financial obligations to build and maintain the 1-15 Express Lanes for several decades. AB 1721 is pending referral to a policy committee; most likely it will be sent to the Assembly Transportation Committee, where Assemblyman Linder is the Vice Chairman. This bill also does not need review by Appropriations Committees. Federal Update House and Senate Transportation Committees Begin Hearings House Transportation and Infrastructure Committee Chairman Representative Bud Shuster (R -PA) held an initial hearing on MAP -21 reauthorization on January 14. Senate Environment and Public Works Committee Chairman Senator Barbara Boxer (D -CA) will be holding a similar hearing on February 21 to kick-off the reauthorization season. Oral testimony at these committees has been from the construction industry, organized labor, governors and mayors, and chambers of commerce. All have remained consistent in their theme that congressional action on infrastructure is needed, and economic decline will occur • Agenda Item 14 127 • • • without adequate investment. Commission lobbyists in D.C. attended these hearings and continue to report back on committee activity relative to reauthorization. As the section below will discuss, revenue continues to be the focal point of reauthorization. Congressional Budget Office Cautions Highway Trust Fund on Life Support The Congressional Budget Office (CBO) released an analysis in early February confirming what many have known; the Highway Trust Fund (HTF) will run out of day-to-day cash before MAP -21 expires on October 1, 2014. This sobering reality increases the urgency for Congress to enact a new funding measure even before MAP -21 is due to sunset. As the HTF balance recedes, CBO warns the Treasury could delay payments to states as early as this summer. This cash flow issue could have ripple effects to the Commission if federal reimbursement to California is halted or slowed. Finding revenue continues to be the central challenge. The CBO numbers demonstrate $19 billion in additional revenue is needed to simply enact a one-year extension of MAP -21 that is paid for. A full six -year reauthorization will need at least $100 billion in revenue to maintain status quo funding levels. Agenda Item 14 128 AGENDA ITEM 15 1 • • • • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: February 24, 2014 TO: Budget and Implementation Committee FROM: Jennifer Harmon, Office and Board Services Manager THROUGH: John Standiford, Deputy Executive Director SUBJECT: Election of Officers STAFF RECOMMENDATION: This item is for the Budget and Implementation Committee to conduct an election of officers for 2014 — Chair and Vice Chair. BACKGROUND INFORMATION: The election of officers for the full Commission and its Committees are held on an annual basis. Commissioners Ella Zanowic and Douglas Hanson were elected as the Budget and Implementation Committee's officers in March 2013. Once the election has been conducted, the new Chair and Vice Chair will immediately assume the positions. Past Chairs of the Budget and Implementation Committee are as follows: 2013 — Ella Zanowic, City of Calimesa 2012 — Rick Gibbs, City of Murrieta 2011— Scott Matas, City of Desert Hot Springs 2010 — Greg Pettis, City of Cathedral City 2009 — Mary Craton, City of Canyon Lake 2008 — Steve Adams, City of Riverside 2007 — Rick Gibbs, City of Murrieta 2006 — Jeff Stone, County of Riverside, District 3 2005 — Bob Magee, City of Lake Elsinore 2004 — Terry Henderson, City of La Quinta 2003 — Robert Schiffner, City of Lake Elsinore 2002 — Chris Carlson, City of San Jacinto 2001 — John Hunt, City of Banning 2000 — Ron Roberts, City of Temecula Agenda Item 15 129 • • • 111111111 11111111. Riverside County Transportation Commission TO: Riverside County Transportation Commission FROM: Jennifer Harmon, Office and Board Services Manager DATE: February 19, 2014 SUBJECT: Possible Conflicts of Interest Issues — Budget and Implementation Committee Agenda of February 24, 2014 The February 24, 2014 agenda of the Budget and Implementation Committee includes items which may raise possible conflicts of interest. A RCTC member may not participate in any discussion or action concerning a contract or amendment if a campaign contribution of more than $250 is received in the past 12 months or 3 months following the conclusion from any entity or individual listed. Agenda Item No. 8 — Agreement with CTG Inc. of Illinois dba Novanis for Information Technology Support Services Consultant(s): CTG Inc. of Illinois dba Novanis 15870 Dartford Way Sherman Oaks, CA 91403 Sam Stickler, VP of Business Solutions RIVERSIDE COUNTY TRANSPORTATION COMMISSION BUDGET AND IMPLEMENTATION COMMITTEE SIGN -IN SHEET FEBRUARY 24, 2014 NAME AGENCY MAIL EMAIL ADDRESS E_ 1-A�,R ,,�m -�cl, did' 14 Er ee- Z,1' /s;ole_ , 7 -i, 71)-iu , 54-4 azh.....a , C7 _� , /_t ,1-r i _ °^) pig il<FCS /; �vye G(.1LPr ( Q� � > > S 7 T)-) -6 22a-�- L.._1-7,-/ Gen e1 6 &-�_ ,6-4/, 2 Ric K C/6a6S /14 v�42----/G-`#9- RIVERSIDE COUNTY TRANSPORTATION COMMISSION BUDGET AND IMPLEMENTATION COMMITTEE ROLL CALL FEBRUARY 24, 2014 County of Riverside, District II County of Riverside, District III City of Beaumont City of Calimesa City of Canyon Lake City of Cathedral City City of Coachella City of Desert Hot Springs City of Hemet City of Indian Wells City of Lake Elsinore City of M u rrieta City of Riverside City of Temecula Present a �a 0 ,or A� Absent