HomeMy Public PortalAbout08 August 27, 2012 Budget & ImplementationTIME:
DATE:
LOCATION:
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
BUDGET AND IMPLEMENTATION COMMITTEE
MEETING AGENDA
9:30a.m.
Monday, August 27, 2012
BOARD ROOM
County of Riverside Administrative Center
4080 Lemon Street, First Floor, Riverside
'§>-COMMITTEE MEMBERS ~
Rick Gibbs, Chair/ Kelly Bennett, City of Murrieta
Ella Zanowic Vice Chair I Jeff Hewitt, City of Calimesa
Roger Berg I Jeff Fox, City of Beaumont
Mary Craton I Barry Talbot, City of Canyon Lake
Greg Pettis I Kathleen DeRosa, City of Cathedral City
Steven Hernandez I Eduardo Garcia, City of Coachella
Scott Matas I Yvonne Parks, City of Desert Hot Springs
Larry Smith I Robert Youssef, City of Hemet
Douglas Hanson I Patrick Mullany, City of Indian Wells
Bob Magee I Melissa Melendez, City of Lake Elsinore
Steve Adams I Andy Melendrez, City of Riverside
Ron Roberts I Jeff Comerchero, City of Temecula
John F. Tavaglione, County of Riverside, District II
Jeff Stone, County of Riverside, District Ill
'§>-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
RECORDS
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.
Alexandra Rackerby
From:
Sent:
To:
Subject:
Alexandra Rackerby
Thursday, August 23, 2012 11 :08 AM
Alexandra Rackerby
RCTC Budget and Implementation Committee Meeting-I pad users
Good Morning Commissioners,
The Budget and Implementation Committee agenda for Monday August 27, 2012 is posted on our
Website at http:/ /www.rctc.org/uploads/media items/budget-and-implementation-committee-august-
27 -2012.original.pdf Let me know if you have any questions or concerns.
Thank you.
Respectfully,
Allie Rackerby
Riverside County Transportation Commission
(951) 787-7141
1
------------------
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
BUDGET AND IMPLEMENTATION COMMITTEE
www. rete. org
AGENDA*
*Actions may be taken on any item listed on the agenda
9:30a.m.
Monday, August 27, 2012
BOARDROOM
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.org.
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.
Budget and Implementation Committee
August 27, 2012
Page 2
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.
5. APPROVAL OF MINUTES-JUNE 25, 2012
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 · QUARTERLY FINANCIAL STATEMENTS
Overview
This item is for the Committee to:
1) Receive and file the Quarterly Financial Statements for the period ended
June 30, 2012; and
2) Forward to the Commission for final action.
8. QUARTERLY INVESTMENT REPORT
Overview
This item is for the Committee to:
1) Receive and file the Quarterly Investment Report for the quarter ended
June 30, 2012; and
2) Forward to the Commission for final action.
9. SINGLE SIGNATURE AUTHORITY REPORT
Overview
This item is for the Committee to:
1) Receive and file the Single Signature Authority report for the fourth
quarter ended June 30, 2012; and
2) Forward to the Commission for final action.
Budget and Implementation Committee
August 27, 2012
Page 3
1 0. OUARTERL Y SALES TAX ANALYSIS
Overview
This item is for the Committee to:
1) Receive and file the sales tax analysis for Quarter 1 (Q 1) 201 2; and
2) Forward to the Commission for final action.
11. FISCAL YEAR 2012/13 ANNUAL LOCAL TRANSPORTATION FUND PLANNING
ALLOCATIONS TO WESTERN RIVERSIDE COUNCIL OF GOVERNMENTS AND
COACHELLA VALLEY ASSOCIATION OF GOVERNMENTS
Overview
This item is for the Committee to:
1) Approve an allocation of Local Transportation Fund (L TF) Planning funds
in the amount of $503,250 to the Western Riverside Council of
Governments (WRCOG) and $274,500 to the Coachella Valley
Association of Governments (CVAG) to support transportation planning
programs and functions as identified in each agency's FY 2012/13 LTF
Program Objectives/Work Plan (Work Plan); and
2) Forward to the Commission for final action.
12. INTERAGENCY FIXED ROUTE TRANSFER AGREEMENT BETWEEN SUNUNE
TRANSIT AGENCY, THE COMMISSION, AND METROUNK
Overview
This item is for the Committee to:
1) Approve Agreement No. 13-25-009-00 with Sunline Transit Agency
(Sunline) and the Southern California Regional Rail Authority (SCRRA)
for fixed route transfers;
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.
Budget and Implementation Committee
August 27, 2012
Page 4
13. COMMISSIONERS I 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.
14. ADJOURNMENT AND NEXT MEETING
The next Budget and Implementation Committee meeting is scheduled to be
held at 9:30 a.m., Monday, September 24, 2012, Board Chambers, First Floor,
County Administrative Center, 4080 Lemon Street, Riverside.
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
BUDGET AND IMPLEMENTATION COMMITTEE
ROLL CALL
AUGUST 27, 2012
County of Riverside, DiS1rict II
County of Riverside, District Ill
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 Murrieta
City of Riverside
City of Temecula
Present
;6"
D ;;r
)lf!r
ft.'
D
J2f
D
~ ~ r
Absent
0
)21'
0
D
0
~ • l ~> c~R \ \l ~~'-
~ @) (\ "<:/'\ Gi ~I"YL
0
D
0
D
0
D
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
BUDGET AND IMPLEMENTATION COMMITTEE SIGN-IN SHEET
AUGUST 27, 2012
ll_lS_d~? '~(,/(qC)@__
I~;)~~
:': .. ·--~-~ l&tA/::,C..J.. (~~
AGENCY
~~~I
~~~ }:::-l<;vt.,?'"L-~
~-7--.. L~.L'""'
(!r7; ~? ~~~~
E MAIL ADDRESS
L g;c_y::: C7~ t(~
L. Ft..-~ A Z-A ..u ~ I c: '~ ...,., . .a ;{;;e.,. A ""'--' • .._ • --
~~-~-----------+---------'-----t--------il
I;
1:------------------+------------+---------------····
li t-. __ -_-__ -.-...... -.. --~------~---~----_-_-_-_-_-_-__ -_ -_-_+-+--_ -_ -_ -_ -_ -_ -_-_-_-_-_-_------·-·--+-------·------·-·-··--·--··--
11
li------------------+------------+----------11
!i
II
if ---·------------------1----------t-----------·---------
1!·················----·-------·-------t-------t----------·-11
l'------·----------+-----------+--------11 'I
ii ,, ···-----·--···------------------+--------------+---------
:i ~~-----------------+-----------+---------....J,I
lj
11-----------------------+-------------+----------·······
I
;:
IC········----·--·----------+-------------t----------··ii
li
!f-----------------+--------------+-----------11 ,,
II ~~----------------+------------+--------··--11
il-----------------+------------1------------il
" li 1!···-----------------+-----------+-------------·
i . -----
AGENDA ITEM 5
MINUTES
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
BUDGET AND IMPLEMENTATION COMMITTEE
Monday, June 25, 2012
MINUTES
1 . CALL TO ORDER
The meeting of the Budget and Implementation Committee was called to
order by Chair Rick Gibbs 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 Steve Adams led the Budget and Implementation
Committee in a flag salute.
3. ROLL CALL
Members/ Alternates Present
Steve Adams
Roger Berg
Mary Craton
Rick Gibbs
Douglas Hanson
Steven Hernandez
Bob Magee
Scott Matas
Greg Pettis
Ron Roberts
Larry Smith
Jeff Stone
Ella Zanowic
4. PUBLIC COMMENTS
Members Absent
John Tavaglione
There were no requests to speak from the public.
RCTC Budget and Implementation Committee Minutes
June 25, 2012
Page 2
5. APPROVAL OF MINUTES-MAY 21, 2012
M/S/C (Adams/Craton) to approve the minutes of May 21, 2012
meeting as submitted.
Abstain: Smith
6. ADDITIONS I 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 (Adams/Smith) to approve the following Consent Calendar
item(s):
7 A. QUARTERLY FINANCIAL STATEMENTS
1) Receive and file the Quarterly Financial Statements for the
period ended March 31, 2012; and
2) Forward to the Commission for final action.
8. REVISED PROCUREMENT POLICY MANUAL
Matthew Wallace, Procurement Manager, presented the revised Procurement
Policy Manual (Policy Manual) for the procurement and contracting activities
undertaken by the Commission.
In response to Commissioner Roger Berg's question regarding the use of
"should" instead of "shall" in the Policy Manual, Matthew Wallace replied the
use of "should" is recommended by legal counsel to allow flexibility. This
Policy Manual provides the Commission with a comprehensive, formal set of
policies and procedures that provides guidance regarding best procurement
practices.
Theresia Trevino added legal counsel recommended this change to provide
flexibility related to projects funded by the Federal Transit Administration and
the Federal Highway Administration.
RCTC Budget and Implementation Committee Minutes
June 25, 2012
Page 3
In response to Commissioner Larry Smith's request for justification for
increasing the single signature authority from $500,000 to $1 million,
Matthew Wallace replied the single signature authority is typically used for
the smaller dollar amount contracts, noting all contracts executed under the
single signature authority must follow the same procurement practices. This
allows the executive director to execute a greater number of contracts during
a fiscal year as well as higher contract amounts in an effort to prevent
project delays.
Theresia Trevino added current single signature authority provision has been
in existence since 1998. She stated staff conducted a survey and found
several agencies had limits higher than the Commission.
In response to Chair Gibbs' request for clarification as to how the Policy
Manual addresses the prime contractor and subcontract management, Anne
Mayer explained the Commission requires a list of subcontractors and a
section in the Policy Manual is used to ensure the contractors perform the
work necessary. She stated one main component is complying with the
Disadvantaged Business Enterprise (DBE) program as it gives the Commission
the ability to ensure the primary consultant maintains control of the work
and complies with the DBE program.
M/S/C (Hanson/Adams) to:
1) Approve the revised Riverside County Transportation
Commission Procurement Policy Manual for the procurement
and contracting activities undertaken by the Commission,
subject to final review by legal counsel as to conformance to
state and federal law;
2) Adopt Resolution No. 12-018, "Resolution of the Riverside
County Transportation Commission Regarding the Revised
Procurement Policy Manual"; and
3) Forward to the Commission for final action.
RCTC Budget and Implementation Committee Minutes
June 25, 2012
Page 4
9. FISCAL YEARS 2013-17 MEASURE A FIVE-YEAR CAPITAL IMPROVEMENT
PLANS FOR LOCAL STREETS AND ROADS
Andrea Zureick, Senior Staff Analyst, provided an overview of the
FYs 2013-17 Measure A Five-Year Capital Improvement Plans (CIPs) for local
streets and roads.
Anne Mayer announced and congratulated Andrea Zureick for accepting a
position at San Bernardino Associated Governments as the Director of
Programming and Fund Administration.
M/S/C (Hanson/Matas) to:
1 ) Approve the FY s 20 13-17 Measure A Five-Year Capital
Improvement Plans (CIPs) for Local Streets and Roads as
submitted; and
2) Forward to the Commission for final action.
10. 2009 MEASURE A MAINTENANCE OF EFFORT BASE YEAR ADJUSTMENT
FOR CITY OF BANNING
Shirley Medina, Programming and Planning Manager, presented the 2009
Measure A maintenance of effort base year adjustment for the city of Banning.
M/S/C (Craton/Adams) to:
1) Approve the adjustment to the city of Banning's (Banning) 2009
Measure A Maintenance of Effort (MOE) base year; and
2) Forward to the Commission for final action.
11. PROPOSITION 1 B STATE-LOCAL PARTNERSHIP PROGRAM FORMULA
PROGRAM -COACHELLA VALLEY ASSOCIATION OF GOVERNMENTS'
PROJECT RECOMMENDATIONS
Shirley Medina provided an overview for the Proposition 1 B State-Local
Partnership Promam (SLPP) formula program and Coachella Valley
Association of Governments (CVAG) project recommendations.
In response to Commissioner Douglas Hanson, Shirley Medina replied all
preconstruction must be completed by April 2013, with funding allocated by
June 30, 2013, which means the projects must be submitted to the
California Transportation Commission (CTC) by April.
RCTC Budget and Implementation Committee Minutes
June 25, 2012
Page 5
Anne Mayer stated the deadlines imposed by the CTC are based on
Proposition 1 B, therefore the statutory deadline is December 2013 to award
contracts. Anne Mayer explained staff will work closely with all project
sponsors to ensure these projects remain on schedule and are delivered. She
discussed the flexibility in working with CVAG if additional funding becomes
available.
M/S/C (Roberts/Adams) to:
1) Approve programming State-Local Partnership Program (SLPP)
formula funds for the following six Coachella Valley projects as
submitted by the Coachella Valley Association of Governments
(CVAG):
• Monterey Avenue interchange loop ramp;
• Varner Road/Jefferson Street intersection improvements;
• Monroe Street widening and intersection improvements
(Avenue 49 to Avenue 52);
• Fred Waring Drive median widening (Adams Street to Port
Maria Road);
• Highway 111 widening and intersection improvements
(Cook Street to Hospitality Row);
• Highway 111 /Washington Street intersection
improvements;
2) Authorize staff per CVAG direction to submit additional eligible
projects or revise funding amounts to the above projects in the
event additional SLPP funds are available through project
savings or California Transportation Commission (CTC) formula
allocations;
3) Submit the CVAG SLPP formula projects to the CTC for
programming; and
4) Forward to the Commission for final action.
12. RIVERSIDE COUNTY TRANSIT SERVICES FUNDING ALLOCATION FOR
FISCAL YEAR 2012/13
Fina Clemente, Transit Manager, presented the FY 2012/13 funding
allocation for Riverside County Transit Services, highlighting the following:
• Short Range Transit Plans (SRTPs) for FY 2012/13 -FY 2014/15;
• Riverside County FY 2012/13 transit funding request;
• FY 2011/12 and FY 2012/13 operating and capital costs;
RCTC Budget and Implementation Committee Minutes
June 25, 2012
Page 6
• Riverside County FY 2012/13 expenditures by funding source; and
• FY 2012/13 transit revenue outlook: Local Transportation Fund,
Measure A, and State Transit Assistance fund.
In response to Commissioner Greg Pettis' question, Fina Clemente replied for
the Section 5307 formula funds there are four urbanized areas (UZA) in
Riverside County, namely: Riverside/San Bernardino; Hemet/San Jacinto;
Temecula/Murrieta; and Indio/Cathedral City/Palm Springs and it is
administered by Southern California Association of Governments (SCAG).
In response to Commissioner Pettis' question, Fina Clemente replied all of the
cities go through the Commission's audit.
Theresia Trevino explained the Commission conducts annual audits of the
Transportation Development Act (TDA) and Measure A recipients so if these
type of funds are allocated to the transit operators then the Commission
prepares an audit. She stated the cities are audited from a federal
prospective by its city auditors.
In response to Commissioner Pettis, Theresia Trevino replied Caltrans and
SCAG accepts the Commission's audits of the transit operators.
M/S/C (Berg/Matas) to:
1) Conduct a public hearing at the July Commission meeting on
the proposed Section 5307 Program of Projects (POP);
2) Approve the FY 2012/13 Federal Transit Administration's (FTA)
Section 5307 and 5311 POP for Riverside County;
3) Approve the FY 2012/13 Local Transportation Fund (L TF) and
State Transit Assistance (STA) fund allocations for transit;
4) Direct staff to add projects into the Federal Transportation
Improvement Program (FTIP);
5) Adopt Resolution No. 12-022, "Resolution of the Riverside
County Transportation Commission to Allocate State Transit
Assistance Funds"; and
6) Forward to the Commission for final action.
13. 2012 UPDATE COORDINATED PUBLIC TRANSIT-HUMAN SERVICES
TRANSPORTATION PLAN
Robert Yates, Multimodal Services Director, provided an overview of the
update to the Coordinated Public Transit-Human Services Transportation Plan
(2012 Coordinated Plan).
RCTC Budget and Implementation Committee Minutes
June 25, 2012
Page 7
Commissioner Mary Craton expressed apprecratron that transportation for
veterans is included in the 2012 Coordinated Plan. She discussed her
meetings with the U.S. Department of Veteran Affairs concerning issues
with transportation for veterans to the VA Hospital in Loma Linda.
Robert Yates replied staff is working with Riverside Transit Agency (RT A) to
resolve this issue.
Anne Mayer explained she and staff visited the local veteran community
center and met with the program director and the job coordinator. This
community center is within biking or shuttle distance from the March Air
Reserve Base and the future Moreno Valley commuter rail station on the
Perris Valley Line. She stated the community center is excited for this
station to open as it will create another transportation option for veterans.
In response to Commissioner Hanson's question if the Alan Seman Bus Pass
program qualifies for these funds, Robert Yates replied unfortunately federal
funding does not allow for the purchase of bus passes. It is a program
criterion that staff has been unsuccessful in changing.
In response to Commissioner Hanson's question about CVAG's van program,
Mr. Yates replied this program is funded and it will continue to be funded.
In response to Commissioner Hanson's clarification about the Sunline Transit
Agency (Sunline) extended services, Robert Yates replied Sunline utilizes
the taxi program and an award for a commuter bus will be implemented in
September 2012. He stated the CVAG project is eligible to receive
$150,000 of Jobs Access Reverse Commute (JARC) and New Freedom
funds.
Robert Yates then added the evaluation criteria are fairly well refined. He
stated staff is asking for the Commission's authority to approve the update
to the coordinated plan in order to move forward, however the Commission
will have final approval on the projects recommended by staff.
In response to Commissioner Steven Hernandez's question regarding a
ridership summary for the transit projects, Robert Yates stated staff works
with the grantees on a final report.
RCTC Budget and Implementation Committee Minutes
June 25, 2012
Page 8
Commissioner Berg clarified the VA Hospital in Loma Linda has volunteers
that provides transportation for the veterans, however the veterans usually
do not utilize it as it is inconvenient. He stated the veterans are reimbursed
for the travel costs to the VA Hospital. He suggested contacting the public
affairs office at the VA Hospital and expressed concern for duplication of
services.
Commissioner Smith noted the fastest growing subgroup in the 2012
Coordinated Plan is adults 85 + and asked if it is anticipated or can staff
encourage projects to meet this demographic group.
Robert Yates replied that he anticipates the Commission will receive
applications from agencies that can serve this group.
Commissioner Smith expressed appreciation to Mr. Yates for his sens1t1v1ty
on this matter and stated this is a subgroup the Commission needs to focus
on and realize the difficulties this group is burdened with.
Chair Gibbs stated as the Iraq and Afghanistan theatres start winding down,
the Inland Empire is likely to see a spike in the population of returning
veterans seeking employment.
M/S/C (Matas/Smith) to:
1) Approve the update to the 2012 Coordinated Public Transit-
Human Services Transportation Plan (20 12 Coordinated Plan);
2) Authorize staff to prepare the evaluation criteria and application
package to support the 2013 Specialized Transit Universal Call
for Projects (2013 Call for Projects);
3) Authorize staff to conduct the 2013 Call for Projects; and
4) Forward to the Commission for final action.
At this time, Commissioners Steven Hernandez and Bob Magee left the
meeting.
14. AGREEMENT WITH SOUTH COAST AIR QUALITY MANAGEMENT DISTRICT
TO FUND THE DEVELOPMENT AND DEPLOYMENT OF AN INLAND EMPIRE
511 MOBILE APPLICATION
Brian Cunanan, Commuter and Motorist Assistance Manager, presented an
overview for the agreement with the South Coast Air Quality Management
District (AQMD) to fund the development and deployment of an Inland.
Empire 511 (IE511) mobile application.
RCTC Budget and Implementation Committee Minutes
June 25, 2012
Page 9
Commissioner Pettis asked when Caltrans or the appropriate agency will
expand IE511 to the Pass Area and the Coachella Valley.
Brian Cunanan replied by Spring 2013, the Commission will have changeable
message signs that plug into the IE511 system. By late 2013, there will be
additional detection through the Coachella Valley.
Anne Mayer explained a working group consisting of California Highway
Patrol, Caltrans, county of Riverside, CVAG, and the Commission was
created due to an incident on 1-10 that caused serious traffic congestion.
Staff anticipates a presentation from the county in the fall to provide
information about the various opportunities to improve communication,
improve access to information to the Coachella Valley, and discuss the short
and long term projects that can be developed to address this issue.
M/S/C (Smith/Pettis) to:
1) Approve Agreement No. 12-45-089-00 with the South Coast
Air Quality Management District (AQMD) for the Commission to
receive $100,000 in grant funding for the development and
deployment costs of an Inland Empire 511 (IE511) mobile
application;
2) Authorize the Chair, pursuant to legal counsel review, to
execute the agreement on behalf of the Commission; and
3) Forward to the Commission for final action.
15. ITEM(S) PULLED FROM CONSENT CALENDAR AGENDA
There were no items pulled from the Consent Calendar.
16. COMMISSIONERS I EXECUTIVE DIRECTOR REPORT
16A. Chair Gibbs expressed appreciation to Anne Mayer and staff as this
was a heavy Budget and Implementation Committee agenda and it
was done in a reasonably expeditious amount of time and it is due to
the quality of the staff reports.
RCTC Budget and Implementation Committee Minutes
June 25, 2012
Page 10
17. ADJOURNMENT AND NEXT MEETING
There being no further business for consideration by the Budget and
Implementation Committee, the meeting was adjourned at 10:26 a.m.
The next meeting of the Budget and Implementation Committee is scheduled
for July 23, 2012 at 9:30a.m.
Respectfully submitted,
Jennifer Harmon
Clerk of the Board
AGENDA ITEM 7
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: August 27, 2012
TO: Budget and Implementation Committee
FROM: Michele Cisneros, Accounting and Human Resources Manager
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 period ended
June 30, 2012; and
2) Forward to the Commission for final action.
BACKGROUND INFORMATION:
During the past fiscal year, staff monitored the revenues and expenditures of the
Commission. The attached financial statements present the revenues and
expenditures for the 12 months of FY 2011/12. Substantially all accrual
adjustments for revenues and expenditures have been made for June 30, 2012,
and are reflected in these financial statements; however, staff will continue to
make year-end accrual adjustments depending upon materiality through the
completion of the audit in October.
The operating statement shows the sales tax revenues for the fourth quarter at
97 percent of the budget. This is a result of the Governmental Accounting
Standards Board (GASB) Statement No. 33. GASB 33 requires sales tax revenue
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 business. This creates a two-month
lag in the receipt of revenues by the Commission. Accordingly, these financial
statements reflect the revenues related to collections through May 2012.
On a cash basis, the Measure A and Local Transportation Fund (LTF) sales tax
revenues are 9.52 percent and 9.69 percent higher, respectively, than the same
period last fiscal year. This continued increase is an encouraging sign that the
economic recovery in the region is occurring. Staff will continue to monitor the
trends in the sales tax receipts and report back to the Commission any necessary
adjustments to the FY 2011/12 budget for sales tax revenues.
Agenda Item 7
1
Federal, state, and local revenues are on a reimbursement basis, except for the
2010 Build America Bonds (BABs) subsidy payments related to the semi-annual
interest payments to the bondholders. In the FY 2011/12 budget, the BABs
subsidy payments were reflected as a reduction of interest payments; however,
generally accepted accounting principles require such payments to be accounted
for as revenues and the Commission has reflected the BABs subsidy payments and
federal revenues. During FY 2011/12, the Commission received $3 million in BABs
subsidy payments. The Commission will receive reimbursement revenues as
eligible project costs are incurred and invoiced to the respective agencies. Staff
will continue to prepare year-end reimbursement revenue accrual adjustments in
connection with the year-en"d closing and audit process.
During the FY 2011/12 budget process, the Commission took a conservative
approach in estimating the Transportation Uniform Mitigation Fee (TUMF) receipts
passed through Western Riverside Council of Governments as a result of the
housing crisis and significant impact this has had on the Inland Empire's local
economy. These budgeted TUMF revenues of $4 million were exceeded as a result
of actual revenues of $5.5 million. TUMF reimbursements related to the 74/215
Interchange project were budgeted at $2.8 million; however, there have been no
reimbursements recorded due to available federal revenues being drawn down first.
Overall the operating statement shows the TUMF revenues at 81 percent of the
budget.
Other revenues include $440,325 from the proceeds related to the sale of land at
the West Corona Station and an easement on the San Jacinto Branch Line
property.
The Commission took a conservative approach in estimating the interest income for
FY 2011/12, due to flat interest yields on invested balances, Interest income is
224 percent of the budget and includes interest earned of $1 .9 million on
outstanding advances of 2009 Measure A funds to the Coachella Valley
Association of Governments (CVAG) and the cities of Blythe and Indio.
Other than the capital project expenditures that are discussed separately, the other
expenditures are in line overall with the expectations of the budget with the
following exceptions:
• Professional services are under budget due to ongoing contract negotiations
with Burlington Northern Santa Fe regarding the 4 1h main track and
significant legal and advisory services related to the State Route 91 Corridor
Improvement Project (SR-91 CIP) design-build procurement being delayed
until a full project funding commitment from the Transportation Infrastructure
Finance and Innovation Act (TIFIA) loan program has been secured;
Agenda Item 7
2
" S u p p o r t c o s t s a r e u n d e r b u d g e t d u e t o u n u s e d b u d g e t a u t h o r i t y f o r s t a t i o n
m a i n t e n a n c e a n d r e p a i r , a n d u t i l i t i e s ;
" P r o g r a m o p e r a t i o n s e x p e n d i t u r e s a r e u n d e r b u d g e t a n d r e f l e c t e s t i m a t e d
a c c r u a l s t h r o u g h J u n e 3 0 , 2 0 1 2 ;
" O p e r a t i n g a n d c a p i t a l d i s b u r s e m e n t s a r e m a d e a s c l a i m s a n d a r e s u b m i t t e d
t o t h e C o m m i s s i o n b y t r a n s i t o p e r a t o r s ;
" S p e c i a l s t u d i e s a r e u n d e r b u d g e t d u e t o t h e u n u s e d b u d g e t a u t h o r i t y f o r
C a l t r a n s p r o j e c t i n i t i a t i o n d o c u m e n t s ( P I D s ) . D u e t o t h e s t a t e ' s b u d g e t
i s s u e s , f u n d s w e r e b u d g e t e d i n F Y 2 0 1 1 / 1 2 s h o u l d t h e C o m m i s s i o n b e
r e q u i r e d t o r e i m b u r s e C a l t r a n s f o r P I D s ;
" L o c a l s t r e e t s a n d r o a d s e x p e n d i t u r e s a r e r e l a t e d t o t h e t i m i n g o f t h e M e a s u r e
A s a l e s t a x r e v e n u e s a s p r e v i o u s l y d i s c u s s e d . T h e s e f i n a n c i a l s t a t e m e n t s
r e f l e c t e x p e n d i t u r e s m a d e t o t h e l o c a l j u r i s d i c t i o n s f o r c o l l e c t i o n s t h r o u g h
M a y 2 0 1 2 . S t a f f e x p e c t s t h a t t h e M e a s u r e A s a l e s t a x r e v e n u e a c c r u a l
a d j u s t m e n t s f o r J u n e a n d t h e c l e a n - u p , t h a t w i l l b e d e t e r m i n e d i n A u g u s t a n d
S e p t e m b e r , w i l l r e s u l t i n r e v e n u e s e x c e e d i n g t h e b u d g e t e d a m o u n t . T h a t w i l l
h a v e a d i r e c t e f f e c t o n t h e l o c a l s t r e e t s a n d r o a d s t u r n b a c k e x p e n d i t u r e s t o
l o c a l j u r i s d i c t i o n s , r e s u l t i n g i n a n e x c e s s o f e x p e n d i t u r e s o v e r b u d g e t . A
b u d g e t a d j u s t m e n t r e q u e s t w i l l b e p r e s e n t e d i n t h e S e p t e m b e r / O c t o b e r
m e e t i n g c y c l e ;
" R e g i o n a l a r t e r i a l e x p e n d i t u r e s p r i m a r i l y r e p r e s e n t e x p e n d i t u r e s f o r t h e
h i g h w a y s a n d r e g i o n a l a r t e r i a l p r o g r a m a d m i n i s t e r e d b y C V A G . C V A G
r e q u e s t s r e i m b u r s e m e n t s f r o m t h e C o m m i s s i o n b a s e d o n a v a i l a b l e f u n d s a n d
s u f f i c i e n t b u d g e t a u t h o r i t y ; a n d
" C a p i t a l o u t l a y e x p e n d i t u r e s a r e u n d e r b u d g e t d u e t o u n e x p e n d e d a u t h o r i t y
f o r f i n a n c i a l s o f t w a r e i m p r o v e m e n t s , r e g i o n a l r i d e s h a r e h a r d w a r e
i m p r o v e m e n t s , a n d s t a t i o n s e c u r i t y i m p r o v e m e n t s . T h i s c a t e g o r y i s
e x p e c t e d t o r e m a i n u n d e r b u d g e t f o r l o w e r c o s t s r e l a t e d t o t h e f i n a n c i a l
s o f t w a r e i m p r o v e m e n t s a n d n o t r e q u i r i n g t h e r e g i o n a l r i d e s h a r e h a r d w a r e .
A t i t s F e b r u a r y m e e t i n g , t h e C o m m i s s i o n a p p r o v e d a n e w m o d e l f o r
o p e r a t i n g t h e r e g i o n a l r i d e s h a r e s y s t e m t h a t d o e s n o t r e q u i r e h a r d w a r e .
D e b t s e r v i c e i n t e r e s t e x p e n d i t u r e s o n t h e 2 0 1 0 B o n d s a r e m a d e i n D e c e m b e r a n d
J u n e , w h i l e i n t e r e s t e x p e n d i t u r e s o n t h e 2 0 0 9 B o n d s a r e m a d e m o n t h l y d u e t o t h e
v a r i a b l e r a t e n a t u r e o f t h e b o n d s . P r i n c i p a l p a y m e n t s o n t h e 2 0 0 9 B o n d s a n d t h e
2 0 1 0 B o n d s a r e m a d e i n J u n e . T h e r e t i r e m e n t o f $ 4 0 m i l l i o n o f c o m m e r c i a l p a p e r
n o t e s i s i n c l u d e d i n p r i n c i p a l p a y m e n t s .
S t a f f w i l l c o n t i n u e t o m o n i t o r t h e r e v e n u e s a n d e x p e n d i t u r e s a n d w i l l n o t i f y t h e
C o m m i s s i o n o f a n y u n u s u a l e v e n t s .
T h e f o l l o w i n g l i s t d i s c u s s e s t h e s i g n i f i c a n t c a p i t a l p r o j e c t s a n d t h e s t a t u s . C a p i t a l
p r o j e c t e x p e n d i t u r e s a r e g e n e r a l l y a f f e c t e d b y l a g s i n i n v o i c e s s u b m i t t e d b y
c o n t r a c t o r s a n d c o n s u l t a n t s , a s w e l l a s i s s u e s e n c o u n t e r e d d u r i n g c e r t a i n p h a s e s o f
A g e n d a I t e m 7
3
the projects. The capital projects budgets tend to be based on aggressive project
schedules.
Highway Engineering/Construction/Design-Build/Right of Way/Land
7 4/21 5 Interchange Project -Construction is substantially completed, except for
irrigation, planting, and punch list items, and is open to traffic.
SR-79 Realignment Project -The draft project report and environmental document
is being reviewed by Caltrans to receive approval to release for public circulation.
Due to the size and complexity of the project, this phase has taken longer than
anticipated.
SR-91 /Van Buren Boulevard Interchange Project -The city of Riverside is the lead
agency for this project. Construction started in March 2010 and the project is
substantially completed and open to traffic. The Measure A funded portion of
construction is $5 million; only $3 million in costs have been submitted by the city
with the remaining $2 million to be billed by the city of Riverside.
SR-91 High Occupancy Vehicle Lanes Project -Caltrans has completed design
work, and expenditures remain within the budget authority. Utility relocation
contractors continue to perform relocation of utilities and submit invoices for
expenditures incurred to date. Staff is performing right of way acquisition, and
negotiations continue to progress and are on schedule; several acquisitions are
pending settlements. Construction began in April 2012 and is managed by
Caltrans.
71 /91 Interchange Project -The preliminary engineering and environmental phase
was completed in late FY 2010/11. The availability of federal earmark funds
allows the final design phase of work to move forward. Procurement for the
design consultant was awarded at the February Commission meeting. Notice to
proceed was issued in March 2012, and the design phase has started.
SR-91 Corridor Improvement Project (CIP) (design-build) -A Transportation
Investment Generating Economic Recovery (TIGER) Ill grant application and letter of
interest for a TIFIA loan was submitted in October 2011 and December 2011,
respectively. In December, the Commission was selected to receive a $20 million
TIGER Ill TIFIA grant that will translate into a TIFIA loan to partially fill the
remaining funding gap for the project. In April, the Commission was notified that it
received an invitation to the 2012 TIFIA program. This invitation, combined with
the TIGER Ill TIFIA grant, provided the final piece needed for full funding of the
project. Early right of way acquisition work was approved by Caltrans in April
2011. Following the public comment period ending in July 2011, early acquisition
work began. Right of way expenditures for FY 2011/12 are weighted toward the
Agenda Item 7
4
end of the fiscal year due to the long lead time to close escrow on property
purchases. The design-build request for proposals was issued in July 2012.
Agency, utility, and railroad agreement work continues with certain agreements
now completed and with others in various stages of completion.
1-15 CIP -Work on the environmental phase continues. Toll feasibility work
continues to evaluate various project options in the Commission's current funding
environment. Staff has used toll feasibility work to develop a seeping and
implementation plan that was presented to the 1-1 5 CIP Ad Hoc Committee in July
2011. Comments were received, and action items were developed to perform
further analysis and to make further project recommendations to the ad hoc
committee in the first quarter of FY 2012/13.
1-215 South Widening Project from Murrieta Hot Springs Road to Scott Road -
Construction began in July 2011 and is on schedule with substantial completion by
September 2012.
1-21 5 Central Widening Project from Scott Road to Nuevo Road -Final design and
right of way acquisitions related to the project are complete. Advertising for the
construction bids occurred in the first quarter of FY 2012/13.
1-215/Van Buren Interchange -This project is managed by the county of Riverside,
and construction bids were received in February. A contract was awarded by the
County in April 2012. A notice to proceed was issued in June 2012, and
construction started in July 2012.
Mid County Parkway Project -Right of way acqu1s1t1ons have been curtailed as
property development has subsided, and the critical need to acquire property for
protection has been delayed due to the substantial rescoping of the project.
Rail Engineering/Construction/Right of Way/Land
Perris Valley Line Project -Advance preliminary engineering is complete.
Environmental clearances were obtained in the fourth quarter of
FY 2011/12, which released the start of final right of way procurement and the
final design phase.
Attachments: Quarterly Financial Statements -June 2012
Agenda Item 7
5
RIVERSIDE COUNTY TRANPORTATION COMMISSION
QUARTERLY BUDGET VS ACTUAL
4TH QUARTER
FOR TWELVE MONTHS ENDED 6/30/2012
FY 2011112 4TH QUARTER REMAINING PERCENT
BUDGET ACTUAL BALANCE UTILIZATION
Revenues
Sales tax $ 194,537,000 $ 188,193,373 $ (6,343,627) 97%
Federal reimbursements 23,650,700 15,304,585 (8,346, 115) 65%
State reimbursements 23,935,100 14,484,527 (9,450,573) 61%
Local reimbursements 1,458,000 1,592,903 134,903 109%
Transportation Uniform Mitigation Fee 6,784,300 5,512,624 (1 ,271 ,676) 81%
Other revenues 310,200 1,040,314 730,114 335%
Interest 1,824,200 4,091,947 2,267,747 224%
Total revenues 252,499,500 230,220,273 (22,279,227) 91%
Expenditures
Salaries and benefits 6,578,100 6,072,793 505,307 92%
Professional and support
Professional services 17,228,400 10,819,326 6,409,074 63%
Support costs 5 103 600 3,699,852 1,403,748 72%
Total Professional and support costs 22,332,000 14,519,178 7,812,822 65%
Projects and operations
Program operations -general 16,472,600 10,434,993 6,037,607 63%
Engineering 44,178,300 21,217,729 22,960,571 48%
Construction 39,276,700 26,665,538 12,611 '162 68%
Design Build 17,038,000 14,467,115 2,570,885 85%
Right of way/land 73,732,000 51,187,687 22,544,313 69%
Operating and capital disbursements 109,656,800 72,833,506 36,823,294 66%
Special studies 784,000 234,084 549,916 30%
Local streets and roads 36,025,000 35,182,822 842,178 98%
Regional arterials 16 162 900 8,761,902 7 400 998 54%
Total projects'and operations 353,326,300 240,985,376 112,340,924 68%
Debt service
Principal 46,525,000 46,523,931 1,069 100%
Interest 16,497,000 15,008,695 1,488,305 91%
Total debt service 63,022,000 61,532,626 1,489,374 98%
Capital outlay 494,200 206,211 287,989 42%
Total Expenditures 445 752 600 323 316184 122 436 416 73%
Excess revenues over (under) expenditures (193,253, 1 00) (93,095,911) 145,396,987 48%
Other financing sources/( uses)
Operating transfer in 169,739,100 107,850,670 (61 ,888,430) 64%
Operating transfer out (169,739,100) (107,850,670) 61,888,430 64%
Debt proceeds 38 000 000 40 000 000 2 000 000 105%
Total financing sources/(uses) 38,000,000 40,000,000 (2,000,000) 105%
Net change in fund balances (155,253, 100) (53,095,911) 143,396,987 34%
Fund balance July 1, 2011 530,978,300 589,364,644 58,386,344 111%
Fund balance June 30, 2012 $ 375,725,200 $ 536,268,733 $ 201,783,331 143%
6
RIVERSIDE COUNTY TRANSPORTATION COMMISSION QUARTERLY BUDGET VS ACTUALS BY FUND 4TH QUARTER FOR TWELVE MONTHS ENDED 6130/2012 MEASURE A SALES TAX FSP/ WESTERN PALO COACHELLA LOCAL STATE TRANSIT TRANSPORTATION COMMERCIAL SALES TAX COMBINED GENERAL FUND VERDE TRANSPORTATION UNIFORM MITIGATION DEBT SERVICE SAFE COUNTY VALLEY VALLEY FUND ASSISTANCE FEE (TUMF) PAPER BONOS TOTAL Revenues Sales tax $ 3,997.115 $ $ 88,032,054 $ 791,298 $ 27,178,940 $ 58,121,011 $ 10,072,955 $ $ $ $ $ 188,193,373 Federal reimbursements 9.342 12,180,011 9,779 119,760 2,985,693 15,304,585 State reimbursements 150.495 3,055,496 11,278,536 14,484,527 Local reimbursements 159,309 335,973 1,086,640 10,981 1,592,903 Transportation Uniform Mitigation Fee 5,512,624 5,512,624 Other revenues 20.028 885 1,017,056 2,345 1,040,314 Interest 48.823 26,279 1 037,881 54,146 302,998 183,537 320,280 1,893,468 70,419 154,116 4,091,947 Total revenues 4,385,112 3.418,633 114.632,178 791,298 27.242,865 58,434,990 10,256,492 5,952,664 1,893,468 72,764 3,139,809 230.220,273 Expenditures Salaries and benefits 3,592,384 132,080 2,226,485 1,113 120,731 6,072,793 Professional and support Professional services 1,196,459 782,269 8.511,388 1,973 327,237 10.819,326 Support costs 2,515,686 515,225 668,598 343 3,699,852 Total Professional and support costs 3,712,145 1,2~!,494 9,179,986 1,973 327,580 14,519,178 Projects and operations Program operations-general 1,349,841 2.385,806 6,466,011 233,335 10,434,993 Engineering 17 389,886 3,708,738 119,105 21,217,729 Construction 25.274,156 99,001 1,292,381 26,665,538 Design Build 14,467,115 14,467,115 Right of way/land 45,581,114 3,127,428 2,479,145 51,187,687 Operating and capital disbursements 18,981.173 4,290,772 4,256,881 43,301,423 2,003,257 72,833,506 Special studies 169.474 64,610 234,084 Local streets and roads 24.878,895 791,298 9,512,629 35,182,822 Regional arterials 8.761,902 8.761,902 Total projects and operations 20,500,488 2,385,806 138.412,559 791,298 22,630,413 43,301,423 2,003,257 8,361,882 2.598,250 240,985,376 Debt service Principal 23,931 40,000,000 6,500,000 46.523,931 Interest 1.310 3,803 15,003.582 15,008,695 Total debt service 25,241 40,003,803 21,503.582 61,532,626 Capital outlay 63.975 142.236 206,211 Total Expenditures 27,894.233 3.815,380 149.961,266 791,298 22,633,499 43,301,423 2,003,257 8,810,193 40,003,803 2.598 250 21,503,582 323,316,184 Excess revenues over (under) expenditures (23,509,121) (396,747) (35.329,088) 4,609,366 15,133,567 8,253,235 (2,857,529) (38,110,335) (2,525,486) (18,363,773) (93,095,911) Other financing sources/( uses) Operating transfer in 23,887.737 800,000 39,323,299 99,055 818,590 3,803 19,173,483 23,744,703 107.850,670 Operating transfer out (1.114,300) (3 1 .063,254) (54) (13,438,437) (4,139,678) (38,822,463) (19,272.484) (107,850,670) Debt proceeds 40,000,000 40,000,000 Total financing sources/(uses) 23 887.737 (314,300) 8,260,045 99 001 (13,438,437) 818,590 35,864,125 (19 ,648 ,980) 4 472.219 40,000,000 Net change in fund balances 378.616 (711,047) (27,069,043) 4,708,367 1,695,130 8,253,235 (2,038,939) (2,246,210) (22, 1 74,466) (1 3,891 .554) (53,095,911) Fund balance July 1, 2011 13,524.354 7 046 938 258,599 521 556 10,162,008 82,210 219 32,178,629 73,294,737 33,227,032 25,226,581 53,894.069 589,364,644 Fund balance June 30, 2012 $ 13,902,970 $ 6.335,891 $ 231,530,478 $ 556 $ 14,870,375 $ 83,905,349 $ 40,431,864 $ 71,255,798 $ 30,980,822 $ 3,052,115 $ 40,002.515 $ 536,268,733 7
AGENDA ITEM 8
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: August 27, 2012
TO: Budget and Implementation Committee
FROM: 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
June 30, 2012; and
2) Forward to the Commission for final action.
BACKGROUND INFORMATION:
Attached are the quarterly investment and cash flow reports as required by state
law and Commission policy. The county of Riverside's Investment Report for the
month ended June 30, 2012, is also attached for review.
Attachments:
1) Quarterly Investment Report for the quarter ended June 30, 2012
2) County of Riverside Investment Report for the month ended June 30, 2012
Agenda Item 8
8
Statement of Compliance
Operating Funds---.:
82.25%
Nature of Investments
ATTACHMENT 1
Debt Reserve
.29%
Portfolio_M_a_tu_r_it_Y __ o to 90 Days
100%
Portfolio Investment Type
~-------Mutual Funds
1.45%
LAIF ____ _
County
Pool/Cash
97.30%
0.71%
County
Pool/Investment
.54%
All of the above investments and any investment decisions made for the quarter ended
June 30, 2012 were in full compliance with the Commission's investment policy as
adopted on June 7, 2012.
The Commission has adequate cash flows for six months of operations.
Signedby:~~
Chief Financial Officer
9
Riverside County Transportation Commission Investment Portfolio Report Period Ended: June 30,2012 OPERATING FUNDS City National Bank Deposijs County Treasurer's Pooled Investment Fund Local Agency Investment Fund (LAIF) Agency/Treasury Securities: Subtotal Operating Funds FUNDS HELD IN TRUST County Treasurer's Pooled Investment Fund Local Transportation Fund Subtotal Funds Held in Trust COMMJSSION BOND PROJECT FUNDS/DEBT RESERVE US Bank Money Market Investment Agreements County of Riverside Pool investment F1rst Amencan Government Obhgat10n Fund First Amencan Treasury Obligations Ft.nd • Held 1n Trust Subtotal Bond Project Funds/Debt Reserve TOTAL All Cash and Investments Investment Transactions for the Quarter Ended June 30, 2012 Purchases: "'"' Maturities: No~ FAIR VALUE 602089 411741 265 3,606.446 ~ 79,709,582 79,709,582 3,657 2,725,815 ~ 10,0Q8,778 505~ ParValuea!Matunty RATING MOODYS!FITCH COUPON S&P RATE A3/BBB+ NIA Aaa1MR1/AAAN1 NIA Not Rated N/A N/A N/A N/A Aaa.MR1/AAAN1 N/A Aaa/AAAm N/A Aaa/MR 1/AAAJ\/1 N/A AaaiAAAm N/A AaaiAAAm NIA MaturrtyDate Coupon I Rate PAR PURCHASE MATURITY YIELD TO PURCHASE MARKET UNREALIZED VALUE DATE DATE MATURITY COST VALUE ~ N/A 0.45% N/A N/A N/A N/A N/A N/A N/A 0.45% 0.45% N/A SUMMARIZED INVESTMENT TYPE Banks 602,089 Cot.11lyPool 491,450,847 CounlyPoollrwestment 2,725,815 LAIF 3,606,446 I Mutual Funds CNI Charter US Bank Money Markel 3,657 F1rst American Government Obhgat1on FIX1d ####### Sub. Total Mutual Funds 7,342,953 FederaiAgencysecurrties Certificates o!Oeposrt U.S. Treasurysecurnies Corporate Note/Commercaal Paper Investment Agreements TOTAL $505,728,160 10
ATTACHMENT 2
2012
County of Riverside June
Treastu~er's Poo lnvest1nent Fund
"Erased 11
In the aftermath of the Great Reces-
sion and lingering recovery, it is noteworthy that
so many aspects of our lives, both professional-
ly and personally, have been affected. Sav-
ings, retirement and investment accounts,
home equity, jobs and benefits have been
erased or greatly diminished because of the
financial turmoil. The not so Great Recession
erased 18 years of household wealth.
This month, a study released from the
Federal Reserve put all of this into perspective,
and it is sobering. According to the FED, medi-
an net worth declined to $77,300 in 2010 from
$126,400 in 2007 representing over a 38%
decline for Americans. They stated, "Almost
every demographic group experienced losses,
which may hurt retirement prospects for middle-
income families. The impact has been a mas-
sive destruction of wealth all across the board.
What you see is an economy that's really very,
very stressed for the bottom 60 to 70 percent of
the population that's struggling just to make
ends meet." The declines in household wealth
in the course of the longest and deepest reces-
sion since the Great Depression have held
back the consumer spending that makes up
about 70 percent of the economy."
Moreover, the FED stated, "Although
declines in the values of financial assets or
business were important factors for some fami-
lies, the decreases in median net worth appear
to have been driven most strongly by a broad
collapse in house prices." We all know far too
well by now that the hit to our County was much
deeper than other areas; we had even been
called one of the epicenters of the subprime
crisis.
The Eurozone debt crisis continues
and now with the Libor price fixing scandal
putting Barclays on the hot seat, it may prove to
be even more troublesome. Unemployment for
June came in at 8.2% and is not showing signs
of dramatic improvement. These and other
troubling issues prompted some changes to the
FOMC statement following the June 201h meet-
ing in which the FED left rates unchanged at 0 -
.25%, with an extension to the end of year to
the tune of $267 billion more in Operation
Twist.
The FED stated, "Growth in employ-
ment has slowed in recent months, household
spending appears to be rising at a somewhat
slower pace than earlier in the year". This con-
tinued financial malaise has forced the FED to
continue its maturity extension program, to
pressure long-term interest rates lower to make
financial conditions more accommodative.
They also stated it was prepared to take further
action (easing), if you read between the lines.
This could prove to be a long, hot drawn out
summer for the financial markets with oodles of
Eurocrisis and other economic drama. We will
continue to read the FED's tea leaves and in-
vest accordingly.
Don Kent
Treasurer-Tax Collector
Capital Markets Team
Treasurer-Tax Collector
Asst. Treasurer-Tax Collector
Jon Christensen
Investment Manager
Giovane Pizano
Asst. Investment Manager
Tressler
Investment Objectives
The priman; objective
of the treasurer shall be to safe-
guard the priucipal of the funds
under the
treasurer's control, meet the
quidity ueeds of the depositor,
and achieve a return on the
under his or her control.
RIVERSIDE COUNTY TREASURER'S POOLED INVESTMENT FUND IS CURRENTLY RATED:
BY MOODY'S INVESTOR'S SERVICE AND AAA/Vl BY FITCH RATINGS
5,245,880,345.96 5,239,604,956.51
, ,, ,~i;;,;it'.>'~~}:'-R~~t~B:\0,
. 8-~~ .. / 5;920~23
5,001,811,731.51 4,997,448,808.53
5,495,948,927.61 5,489,579,174.51 69,753.10 0.12 0.48 1.20
The Treasurer's Pooled Investment Fund is comprised of the County, Schools, Special Districts,
and other Discretionary Depositors.
11
Current Market Date
Economic Indicators
Released on: Indicator Definition Consensus Actual
7/6/2012
7/6/2012
6/27/2012
6/28/2012
6/26/2012<
7/3/2012
6/14/2012
Stock Indices
Noruarm~ayrolls-
MfMcli~~ge
Unemployment Rate
CountS the number of paid employees working ·
part-time or @H-time inJhe ~~tlon'~ businesS!)lltW .. :· :,>
government establishments.
Measures the number of unemployed as a
percentage of the labor force.
Durable Goods Or<f.ers . ..:;Reflects the new ordl:'rs phiced "Wiiili:•do~estic
MjM change l:J)#n~facturers for immediate and future delivery
. f.~~~~ctory hard ""v''""·'"·'··•
Real Gross Domestic
Product-QJQ change
· Coilsum~rConfidenc·e
Factory Orders -MjM
change
The broadest measure of aggregate economic
activity and encompasses every sector of the
economy. GDP is the country's most
comprehensive economic scorecard.
Measures c()nsumer attit.U:a~d£-p1'~$ent.econg9}ic
co~dirlorii~d ~xpectatio:fl~ ~~,future c~hctifi~ij~;;•;}\;i · •;;' · · ..
Represents the dollar level of new orders for both
durable and nondurable goods.
Consuilier Price lliae"x -The Consumer Price Index is a measure of the
. MjM ¢h~hge • ·. • ::;; . average pr.i~~l~vel of a fixed .bAsket of
services purchased by consumers.
1,597.45
64.0%
0.0%.
0.0%
1.9% 1.9'lfo
63.5 • ::· ··.·• 62..0
0.1% 0.7%
-0.2% ..(}.3%
o.o% ··"· ......
0.0%
0.0%
0.0%
Yield (%) Change (%)
0198 .•.•..
0.16
0.02
0.03
... O.,Q3
0.04
RIVERSIDE COUNTY TREASURER-TAX COLLECTOR 2
12
TIMMI
Fidelity Prime Institutional MMF
Federated Prime Obligations Fund
Wells Fargo Advantage Heritage
Morgan Stanley Institutional Prime
Liquidity Fund
BlackRock Prime Cash Fund
1.00%
0.80%
0.60% -
0.40%
0.20%
0.00%
FIPXX
POIXX
WFJXX
MPFXX
BPIXX
0.17%
0.17%
0.13%
0.18%
0.21%
The Treasurer's Institutional Money Market Index
(TIMMI) is compiled and reported by the Riverside
County Treasurer's Capital Markets division. It is a
composite index derived from five AAA rated prime
institutional money market funds. Similar to the
Treasurer'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 five multi billion dollar
funds listed to the left.
-Pool Yield
TIMMI
Jun-11 Aug-11 Oct-11 Dec-11 Feb-12 Apr-12 Jun-12
Cash Flows
Required Actual Available to
Monthly Monthly Matured Investments Invest > 1
Month Receipts Disbursements Difference Investments Balance Maturing Year
07/2012
07/2012 805.00
08/2012 672.00
09/2012 587.00
10/2012 697.00
11/2012 775.00
12/2012 1,459.00
01/2013 695.00
02/2013 638.00
03/2013 841.00
04/2013 1,379.60
05/2013 663.29
06/2013 589.54
908.77
749.04
718.69
812.58
706.19
809.82
1,259.52.
900.45
851,75
821.92
L199.59
1,114.19
(103.77)
(77.04)
(131.69)
(115.58)
68 .. 81
649.18
(564.52)
(262.45)
(10.75)
557.68
(536,30)
(524.65)
31.51
131.69
115.58
108.98
10.75
503.27
149.30
45.53 462.69
0.00 186.97
0.00 148:04
0.00 142.80
68.81 164.12
717.99 55.00
153.47 448.11
0.00 309.40
0.00 . '125.00
557.68 108.30
21.38 427.99
0.00 329.63
TOTALS 9,801.43 10,852.51 (1,051.08) 901.78 2,908.05 3,740.85
19.42% 62.64% 80.58%
* All \alue,:; rcp{)rted in million;;($).
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 disburse-
ments over the next 12 months.
RIVERSIDE COUNTY TREASURER-TAX COLLECTOR 3
13
Asset Allocation
~~b,edul~4. ,.,.,,.. ; :~/c .cc> /. '
Market
REP OS 80,000.00 80,000.00 80,000.00 100.00% 0.11% .008 .008:
MMKT 10,000.00 10,000.00 10,000.00 100.00% 0.03% .003 .003
CAL TRUST FND 54,000.00 54,000.00 54,000.00 100.00% 0.44% .003 .003.
LOCAL AGCY INVST ~ 50,000.00 50,000.00 50,000.00 100.00% 0.38% .003 .003
DDAfPASSBK 115,000.00 115,000.00 115,000.00 100.00% 0.09% .003 .003
LOCALAGCY 535.00 535.00 535.00 100.00% 0.96% 7.964 7.964
US TREAS BILLS 50,000.00 49,915.47 49,950.23 100.07% 0.19% .608 .608
US TREAS BONDS 115,000.00 115,400.00 115,264.50 99.88% 0.21% . 681 .681 .
FHLMC DISC NOTES i 50,000.00 49,894.42 49,937.50 100.09% 0.21% .753< .753
FHLMCBONDS 573,621.00 573,684.67 574,989.12 100.23% 0.72% 1.173 1.928
FNMA DISC NOTES 100,000.00 99,866.03 99,953.13 100.09% 0.14% .426 .426
FNMABONDS 748,850.00 749,545.69 751,372.41 100.24% 0.83% .756 2.353
FHLB DISC NOTES 215,000.00 214,599.19 214,771.92 100.08% 0.18% .618 .618
FHLBBONDS 1,696,251.43 1,696,610.90 1,698,044.53 100.08% 0.37% .811 .992
FFCB DISC NOTES 275,000.00 274,553.50 274,703.13 100.05% 0.19% .635 .635:
FFCBBONDS 247,205.00 247,306.64 247,838.75 100.22% 0.53% 1.044 1.167'
FMAC DISC NOTES 8,000.00 7,982.97 8,000.00 100.21% 0.21% .030 .030
FARMER MAC 37,500.00 37,502.38 37,563.28 100.16% 0.61% .844 .844
MUNIBONDS 76,260.00 76,390.58 76,390.58 100.00% 0.53% .695 .695
COMMPAPER 140,000.00 139,838.33 139,867.13 100.02% 0.26% .192 .192
wDD!t(oom·= ' '""'~''~"'--':!":'>\'*>, ?~:y ~Oi42;222:43' • r;il4~:l~lJt74''o 4lD:tsT2o· ···~···-''loO?f297;"~M·o:tsW::"~aliiJt;·-ti'i5; ................ . . .•. ,.) "' '-;/;' ' ~--·\·. ' , .I ---, . ··, · ' ' ··'·~"-<·o:<.,, '·· ,,,,,W,:[h...,""'· ·",.-~v,..,.<,/~,, v, ,vc.,
Iii
0
0 e
2,000,000.00
1,500,000.00
1,000,000.00
[H
II ILm
500,000.00
0.00
ffil.1h Scheduled Book -Market
RIVERSIDE COUNTY TREASURER-TAX COLLECTOR
nu
Ill Ill 0 w
~ !5
ltl z
ltl u
.... Ill :I: .... u.. 0
ltl u u.. u..
14
111111 0 w z 1-
0 0
ltl z
ltl u u Ill u.. .... u.. 0
~
:;[
u..
SCHEDULED PAR%
... REPOS -2o/o
-MMKT-0% ... CAL TRUST FND-1%
-LOCAL AGCY INVST FND -1%
... DDA/PASSBK-2%
... LOCAL AGCY OBUG -0% = US TREAS BILLS-1%
""" US TREAS BONDS -2% = FHLMC DISC NOTES-1%
-FHLMC BONDS-12%
... FNMA DISC NOTES-2%
-FNMA BONDS-16%
-FHLB DISC NOTES -5%
r= FHLB BONDS -37%
,_ FFCB DISC NOTES -6% = FFCB BONDS-5%
..,. FMAC DISC NOTES -0%
-FARMER MAC-1%
-MUNI BONDS-2%
..,. COMM PAPER-3%
4
Maturity Distribution
10,000.00 10,000.00
54,000.00 54,000.00
50,000.00 50,000.00
115,000.00 115,000.00
535.00 535.00
TREAS BILLS 50,000.00 50,000.00
US TREAS BONDS 115,000.00 115,000.00
FHLMC DISC NOTES 50,000.00 50,000.00
FHLMCBONDS 20,000.00 30,000.00 34,121.00 233,000.00 201,500.00 55,000.00 573,621.00
FNMA DISC NOTES 100,000.00 100,000.00
FNMABONDS 40,000.00 55,000.00 185,000.00 300,000.00 168,850.00 748,850.00
FHLB DISC NOTES 40,000.00 175,000.00 215,000.00
FHLB BONDS 20,040.00 160,700.00 1,077,805.00 304,585.00 90,000.00 43,121.43 1,696,251.43
FFCB DISC NOTES 275,000.00 275,000.00
FFCB BONDS 19,205.00 20,000.00 65,000.00 113,000.00 20,000.00 10,000.00 247,205.00
FMAC DISC NOTES 8,000.00. 8,000.00
FARMER MAC 37,500.00 37,500.00
MUNIBONDS 1,440.00 29,305.00 35,920.00 7,595.00 2,000.00 76,260.00
COMMPAPER 55,000.00 35,000.00 50,000.00 140,000.00
-REPOS-Scheduled Par -MMKT -Scheduled Par -CALTRUST FND-Scheduled Par -LOCAL AGCY INVST FND -Scheduled Par
DDA/PASSBK-Scheduled Par -LOCAL AGCY OBLIG -Scheduled Par
US TREAS BILLS -Scheduled Par -US TREAS BONDS -!;cheduled Par -FHLMC DISC NOTES-Scheduled Par -FHLMC BONDS -Scheduled Par -FNMA DISC NOTES -Scheduled Par
FNMA BONDS -Scheduled Par -FHLB DISC NOTES-Scheduled Par
FHLB BONDS-Scheduled Par -FFCB DISC NOTES-Scheduled Par -FFCB BONDS -Scheduled Par -FMAC DISC NOTES-Scheduled Par -FARMER MAC -Scheduled Par
YEAR IN MATURITY -MUNI BONDS-Scheduled Par -COMM PAPER-Scheduled Par
RIVERSIDE COUNTY TREASURER-TAX COLLECTOR 5
15
Credit Quality
Aaa
A a
Aal
Aa2
AA+
AA
4,141,352.43
10,000.00
8,580.00
73,955.00
117,300.00
MOODY'S
BOOK Ofo
•Aaa-89% -Aal-0% -Aa3-3%
-Aa-0% l!!!i!liiAa2-2% -NR-6o/o
3,465,966.43
48,410.00
4,285.00
4,141,811.67
9,999.35
8,580.27
74,019.81
117,194.30
3,464,689.84
48,531.06
4,285.00
RIVERSIDE COUNTY TREASURER-TAX COLLECTOR
16
4,147,255.05 100.13%
10,004.69 100.05%
8,580.27 100.00%
74,057.35 100.05%
117,185.57 99.99%
291,098.28 100.03%
S&P
BOOK Dfo
IIIIIIAAA-18% l!llliliiiAA--0%
IIIIIIAA+-75% 111111 NR-6%
IIIIIIAA-1%
3,467,170.12
48,531.06
4,285.00
100.07%
100.00%
100.00%
0.48%
0.47%
0.93%
0.45%
0.25%
0.22%
0.40%
0.53%
0.45%
0.22%
6
17
Month End Portfolio Holdings
.Maturity Maturity Par Book Market Market Unrealized Modified Years To
CUSIP Description Date Coupon To Mat Value \ alue Price Value Gain/Loss Duration Maturity
REPOS
REPO
MMKT
COl XX
UBS TRI PARTY REPO
FEDERATED GOY 07/01/2012
.110
,lll!
.013 .013 5,000,000.00
80,000,000.00 .008 .008
SO)IOIJ,OOO,OO .0.08
5,000,000.00 100.000000 5,000,000.00 .003 .003
CLTR CAL TRUST SHTTERM FUND 07/01/2012 .444 .444 54,000,000.00 54,000,000.00 100.000000 54,000,000.00 .003 .003
LOCALAGCYJNVSTFND
LAIF LAlF 07/01/2012 .378 .378 50,000,000.00 50,000,000.00 100.000000 50,000,000.00 .003 .003
>T:,;:.~,,:,t~ ,,· <~',, ,'~::r:,',:::~;~:i::'
DDA/PASSBK
CASH UBOC MANAGED RATE 07/01/2012 .090 .090 115,000,000.00 ]]5,000,000.00 100.000000 115,000,000.00 .003 .003
LOCAL AGCY OBLIG
LAO US DIST COURTHOUS 06/15/2020 .957 .957 535,000.00 535,000.00 100.000000 535,000.00 4.206 7.964
US TREAS BILLS
9127955ZO U.S. TREASURY BILL
USTREAS BONDS
912828NX4 U.S. TREASURY BOND
912828PR5 U.S. TREASURY BOND
912828QZ6 U.S. TREASURY BOND
912828QK9 U.S. TREASURY BOND
912828PR5 U.S. TREASURY BOND
912828QZ6 U.S. TREASURY BOND
02(07(2013
09/30/2012
01/31/2013
05/31/2013
02/28/2013
01/31/2013
05/31/2013
.185
.375
.625
.500
.625
.625
.500
. .,,,;,i~~l:Y" ~liill!ll1.!t..~'' ..•. 1oolilliiiliiii'"'fiik: s®'••mrnrYll:'0t4til:.tut\;:\;~~r .. · ·· :7;!!6,4.
.185 50,000,000.00 49,915,465.28
.327
.151
.181
.176
.199
.243
10,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
45,000,000.00
15,000,000.00
10,006,640.63
10,047,265.63
10,042,187.50
10,047,265.63
45,168,750.00
15,044,531.25
99.900450 49,950,225.23
10,006,000.00
10,025,000.00
10,023,000.00
10,029,000.00
45,112,500.00
15,034,500.00
34,759.95
(640.63)
(22,265.63)
(19,187.50)
(18,265.63)
(56,250.00)
(10,031.25)
.607 .608
.fiff1
.500 .249 15 000 000.00 15 043 359.38
100.060000
100.250000
100.230000
100.290000
100.250000
100.230000
100.230000 15 034 500.00 8 859.38
.251
.581
.915
.665
.581
.914
.914
.252
.589
.918
.666
.589
.918
.918
313397DU2 FHLMC DISC NOTE
, .. , ..... ' ,,,,.,,,,"
FHLMC BOr;/DS •· ...
3137EACG2 FH LMC
31 34G1GQ1 FHLMC
3134G1GQ1 FHLMC
3134G1GQ1 FHLMC
3134G1GQ1 FHLMC
3137EACLJ FHLMC
3134G1SGO FHLMC3.5YrNc6Mo
3134G1 WT7 FHLMC
3137EACK3 FHLMC 2.2Yr
3137EACR8 FHLMC 3Yr
3137EACR8 FHLMC 3Yr
3134G1VG6 FHLMC 2Yr
3134G2CL4 FHLMC 3Yr
3137EACP2 FHLMC 2Yr
3137EACL1 FHLMC 3Yr
3134G2FT4 FHLMC 2.25Yr
3134G2UP5 FHLMC 5YrNc1YrB
3134G2YK2 FHLMC 2YrNc1 YrE
3134G2YK2 FHLMC 2YrNc1 YrE
3137EACK3 FHLMC11Mo
3134G2YJ5 FHLMC 3Yr
3134G2Yj5 FHLMC 3Yr
3134G2U91 FHLMC 5YrNc6MoB
3134G2T69 FHLMC 5YrNc6MoB
3134G2U42 FHLMC 2Yr
3137EACY3 FHLMC 3Yr
3137EACY3 FHLMC 3Yr
3134G2W73 FHLMC 2YrNcl YrE
3134G2Y89 FHLMC 3.5YrNc1YrB
3137EACZO FHLMC 2Yr
3134G3BQ2 FHLMC 5YrNcl YrB
3134G3BF6 FHLMC 2Yr
3134G3BS8 FHLMC 2YrNc1YrE
3134G3BS8 FHLMC 2YrNc1YrE
3134G3BL3 FHLMC 3YrNc1 YrB
3134G3BL3 FHLMC 3YrNcl YrB
3134G3BL3 FHLMC3YrNc1YrB
3134G3BL3 FHLMC 3YrNc1YrB
3134G3BL3 FHLMC 3YrNc1 YrB
3134G3BA7 FHLMC 2YrNd YrB
3134G3BL3 FHLMC 3YrNd YrB
3134G3CVO FHLMC 3YrNc1YrB
3134G3DP2 FHLMC3.5YrNc1YrB
3134G3EB2 FHLMC 3.5YrNc2YrE
3134G3DY3 FHLMC 3YrNc1YrB
3134G3EN6 FHLMC 3.5YrNc2YrE
3134G2U42 FHLMC 1.5Yr
3134G3GG9 FHLMC 3YrNc1YrB
3134G3GZ7 FHLMC 2YrNcl YrE
3134G3HD5 FHLMC 2YrNc1YrB
3134G3HD5 FHLMC 2YrNc1YrB
3134G3HD5 FHLMC 2YrNc1YrB
3134G3HA1 FHLMC 3YrNd YrB
04/01/2013 .210
01/09/2013
08/28/2012
08/28/2012
08/28/2012
08/28/2012
10/28/2013
03/03/2014
11/26/2012
07/27/2012
02/25/2014
02/25/2014
10/30/2012
04/29/2014
11/30/2012
10/28/2013
08(13/2013
08/22/2016
09/06/2013
09/06/2013
07/27/2012
09/19/2014
09/19/2014
10/13/2016
10/13/2016
10/15/2013
11/25/2014
11/25/2014
10/18/2013
04/24/2015
11/27(2013
11/28/2016
12/23/2013
12/06/2013
12/06/2013
12/05/2014
12/05/2014
12/05/2014
12/05/2014
12/05/2014
12/05/2013
12/05/2014
12/19/2014
06/19/2015
06/30/2015
12/19/2014
06/30/2015
10/15/2013
01/09/2015
01/03/2014
01/24/2014
01/24/2014
01/24/2014
01/23/2015
1.375
1.000
1.000
1.000
1.000
.875
1.250
.515
1.125
1.375
1.375
.625
1.350
.375
.875
.875
1.750
.450
.450
1.125
.500
.500
1.000
1.125
.375
.750
.750
.500
1.000
.375
1.375
.625
.700
.700
1.000
1.000
1.000
1.000
1.000
.700
1.000
1.000
1.020
1.000
.875
1.000
.375
.850
.500
.600
.600
.600
.875
RIVERISIDE COUNTY TREASURER-TAX COLLECTOR
.210 50,000,000.00 49,894,416.67 99.875000
1.407
.709
.694
.732
.699
.937
1.250
.470
.514
1.375
1.465
.650
1.160
.385
.790
.611
1.750
.450
.450
.203
.500
.599
1.010
1.156
.483
.755
.761
.516
1.007
.580
1.375
.626
.700
.700
1.000
1.000
1.000
1.000
1.000
.700
1.000
1.000
1.020
1.000
.875
1.000
.400
.850
.500
.600
.600
.600
.875
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
5,000,000.00
10,000,000.00
5,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
14,121,000.00
11,000,000.00
5,000,000.00
10,000,000.00
10,000,000.00
5,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
15,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
10,000,000.00
5,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
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
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
18
9,990,300.00
5,029,450.00
10,061,850.00
10,054,100.00
5,030,400.00
4,990,300.00
5,000,000.00
5,004,700.00
10,102,700.00
5,000,000.00
9,973,100.00
4,998,000.00
5,027,800.00
14,118,881.85
11,022,330.00
5,028,775.00
10,000,000.00
10,000,000.00
5,000,000.00
10,086,400.00
10,000,000.00
9,970,700.00
4,997,500.00
4,992,500.00
14,967,300.00
9, 998,467.22
4,998,300.00
4,998,437.50
4,998,750.00
9,958,700.00
5,000,000.00
9,999,800.00
5,000,000.00
5,000,000.00
5,000,000.00
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
5,000,000.00
5,000,000.00
5,000,000.00
4,997,700.00
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
100.593750
100.125000
100.125000
100.125000
100.125000
100.750000
101.250000
100.156250
100.062500
101.687500
101.687500
100.156250
101.781250
100.125000
100.750000
100.562500
100.218750
100.031250
100.031250
100.062500
100.156250
100.156250
100.031250
100.031250
100.093750
100.750000
100.750000
100.062500
100.156250
100.093750
100.406250
100.375000
100.062500
100.062500
100.156250
100.156250
100.156250
100.156250
100.156250
100.093750
100.156250
100.156250
100.218750
100.500000
100.156250
100.468750
100.093750
100.187500
100.093750
100.093750
100.093750
100.093750
100.156250
.. .fi16 .681
49,937,500.00 43,083.33 .751 .753
10,059,375.00
5,006,250.00
10,012,500.00
10,012,500.00
5,006,250.00
5,037,500.00
5,062,500.00
5,007,812.50
10,006,250.00
5,084,375.00
10,168,750.00
5,007,812.50
5,089,062.50
14,138,651.25
11,082,500.00
5,028,125.00
10,021,875.00
10,003,125.00
5,001,562.50
10,006,250.00
10,015,625.00
10,015,625.00
5,001,562.50
5,001,562.50
15,014,062.50
10,075,000.00
5,037,500.00
5,003,125.00
5,007,812.50
10,009,375.00
5,020,312.50
10,037,500.00
5,003,125.00
5,003,125.00
5,007,812.50
5,007,812.50
5,007,812.50
5,007,812.50
5,007,812.50
5,004,687.50
10,015,625.00
5,007,812.50
10,021,875.00
5,025,000.00
5,007,812.50
5,023,437.50
5,004,687.50
10,018,750.00
5,004,687.50
5,004,687.50
5,004,687.50
5,004,687.50
5,007,812.50
69,075.00
(23,200.00)
(49,350.00)
(41,600.00)
(24,150.00)
47,200.00
62,500.00
3,112.50
(%,450.00)
84,375.00
195,650.00
9,812.50
61,262.50
19,769.40
60,170.00
(650.00)
21,875.00
3,125.00
1,562.50
(80,150.00)
15,625.00
44,925.00
4,062.50
9,062.50
46,762.50
76,532.78
39,200.00
4,687.50
9,062.50
50,675.00
20,312.50
37,700.00
3,125.00
3,125.00
7,812.50
7,812.50
7,812.50
7,812.50
7,812.50
4,687.50
15,625.00
7,812.50
21,875.00
25,000.00
7,812.50
23,437.50
6,987.50
18,750.00
4,687.50
4,687.50
4,687.50
4,687.50
7,812.50
.518
.161
.161
.161
.161
1.315
1.646
.407
.074
1.621
1.620
.333
1.800
.418
1.316
1.110
3.957
1.177
1.177
.074
2.202
2.200
4.176
4.163
1.286
2.375
2.375
1.293
2.766
1.401
4.261
1.471
1.423
1.423
2.394
2.394
2.394
2.394
2.394
1.420
2.394
2.433
2.917
2.948
2.437
2.948
1.286
2.483
1.497
1.553
1.553
1.553
2.520
.529
.162
.162
.162
.162
1.329
1.674
.408
.074
1.658
1.658
.334
1.830
.419
1.329
1.121
4.148
1.186
1.186
.074
2.222
2.222
4.290
4.290
1.293
2.405
2.405
1.301
2.816
1.411
4.416
1.482
1.436
1.436
2.433
2.433
2.433
2.433
2.433
1.433
2.433
2.471
2.970
3.000
2.471
3.000
1.293
2.529
1.512
1.570
1.570
1.570
2.567
7
Month End Portfolio Holdings
Maturity Maturity Par Book Market Market Unrealized Modified Years To
CUSIP Description Date Coupon To I\fat Value Value Price Value Gain/Loss Duration Maturity
3134G3HA1 FHLMC 3YrNc1YrB
3134G3HA1 FHLMC 3YrNc1YrB
3134G3HA1 FHLMC 3YrNc1YrB
3134G3MM9 FH LMC 2YrNc1 YrE
3134G3MM9 FH LMC 2YrNc1 YrE
3134G3LA6 FH LMC 2Yr
3134G3LZ1 FH LMC 2YrNc1 YrB
3134G3MY3 FHLMC 3.5YrNc2YrE
3134G3MY3 FH LMC 3.5YrNc2YrE
3134G3NCO FHLMC 3YrNc1YrB
3134G3NLO FHLMC 3YrNc2YrE
3134G3PD6 FHLMC 3YrNc2YrE
3134G3NS5 FHLMC 2Yr
3134G3QW3 FHLMC 3YrNc2YrE
3134G3QW3 FHLMC 3YrNc2YrE
3134G3RP7 FHLMC 3YrNc2YrE
3134G3SH4 FHLMC 5YrNc1YrB
3134G3550 FH LMC 2.5YrNc1YrE
3134G3QW3 FHLMC 3YrNc2YrE
3134G3SB7 FH LMC 2Yr
3134G2U42 FHLMC 19Mo
3137EADD8 FHLMC 3Yr
3137EADD8 FHLMC 3Yr
3134G3SB7 FHLMC 2.16Yr
3134G3jX9 FHLMC 3Yr
3134G3TL4 FH LMC 3.5YrNc2YrB
3134G3SB7 FHLMC 2Yr
3134G3SB7 FHLMC 2Yr
3134G3SB7 FH LMC 2Yr
3134G3SB7 FHLMC 2Yr
3134G3UU2 FHLMC 3YrNc1YrE
3134G3NS5 FHLMC 2Yr
FNMA DISC NOTES
313588M85 FNMA DISC NOTE
313589AC7 FNMA DISC NOTE
FNMABONDS
31398AV90 FNMA 3YrNc2Yr
31398A3NO FNMA
31398A3A8 FNMA
3136FPEL7 FNMA 3YrNc6Mo
3136FPEL7 FNMA 3YrNc6Mo
3136FPEL7 FNMA 3YrNc6Mo
3136FPEL7 FNMA 3YrNc6Mo
3136FPEL7 FNMA 3YrNc6Mo
31398A3NO FNMA
31398A3L4 FNMA 3YrNc6Mo
31398A3L4 FNMA 3YrNc6Mo
31398A3L4 FNMA 3YrNc6Mo
31398A3L4 FNMA 3YrNc6Mo
31398A3L4 FNMA 3YrNc6Mo
3136FPGA9 FNMA 3YrNc2Mo
3136FPEX1 FNMA 3.25YrNc6Mo
31398A3R1 FNMA 3.5YrNc6Mo
31398A4H2 FNMA 3YrNc6Mo
31398A4H2 FNMA 3YrNc6Mo
31398A4H2 FNMA 3YrNc6Mo
31398AT77 FNMA 2.2Yr
31398AT77 FNMA 2.2Yr
31398A5ZI FNMA 3YrNc6Mo
31398A5Z1 FNMA 3YrNc6Mo
3136FPXXO FNMA 4Yr
3136FPZD2 FNMA 4YrNc2Mo
3136FP6XO FNMA 5Yr
3136FPUC9 FNMA 2Yr
3136FPUC9 FNMA 2Yr
31398A3K6 FNMA 4Yr
31398A5W8 FNMA 3Yr
3136FPUC9 FNMA 2Yr
31398AVZ2 FNMA 5Yr
31398A5Z1 FNMA 3Yr
31398A6F4 FNMA 1.75 Yr
3135GOBR3 FNMA 2.25Yr
3135GOBR3 FNMA 2Yr
3136FRZX4 FNMA 3YrNc1YrE
31398AT77 FNMA 1Yr
3136FRC84 FNMA 3YrNc1YrE
3136FRK44 FNMA 3.5YrNc1YrB
31398A5W8 FNMA 3Yr
3135GOCQ4 FNMA 2YrNc1YrE
3135GOCU5 FNMA 3YrNc2YrE
3135GOCU5 FNMA 3YrNc2YrE
3135GOCN1 FNMA 3YrNc1YrE
3136FRW66 FNMA 5YrNc1YrB
3135GODA8 FNMA 3YrNc1YrE
3136FRS46 FNMA 5YrNc1YrB
31398A T77 FNMA 11 Mo
3136FRW66 FNMA 5YrNc1YrB
3136FRV59 FNMA 5YrNc1YrB
01/23/2015
OJ /23/2015
Ol/23/2015
02/27/2014
02/27/2014
02/27/2014
02/21/2014
08/28/2015
08/28/2015
02/27/2015
02/24/2015
02/27/2015
03/21/2014
03/06/2015
03/06/2015
03/12/2015
03/28/2017
09/22/2014
03/06/2015
04/28/2014
10/15/2013
04/17/2015
04/17/2015
04/28/2014
01/30/2015
09/28/2015
04/28/2014
04/28/2014
04/28/2014
04/28/2014
05/22/2015
03/21/2014
11/01/2012
01/03/2013
07/16/2013
09/24/2012
09/03/2013
09/09/2013
09/09/2013
09/09/2013
09/09/2013
09/09/2013
09/24/2012
09/17/2013
09/17/2013
09/17/2013
09/17/2013
09/17/2013
09/20/2013
12/17/2013
03/21/2014
10/08/2013
10/08/2013
10/08/2013
07/30/2012
07/30/2012
11/19/2013
11/19/2013
11/26/2014
12/03/2014
02/04/2016
10/30/2012
10/30/2012
03/14/2014
12/18/2013
10/30/2012
03/13/2014
11/19/2013
12/28/2012
08/09/2013
08/09/2013
07/18/2014
07/30/2012
07/25/2014
02/23/2015
12/18/2013
09/06/2013
09/12/2014
09/12/2014
08/28/2014
09/21/2016
09/12/2014
09/14/2016
07/30/2012
09/21/2016
09/14/2016
.875
.875
.875
.400
.400
.375
.500
.650
.650
.550
.500
.550
.300
.625
.625
.650
1.050
.540
.625
.375
.375
.500
.500
.375
.650
.900
.875
.875
.875
.400
.400
.394
.500
.650
.650
.567
.581
.594
.378
.625
.625
650
1.050
540
.628
.427
.323
611
.700
.460
.662
.900
5,000,000.00
5,000,000.00
6,500,000.00
5,000,000.00
5,000,000.00
10,000,000.00
5,000,000 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
5,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
10,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
.375 .509 10,000,000.00
.375 .440 5,000,000.00
.375 .452 5,000,000.00
.375 .437 12,000,000.00
.600 .600 5,000,000.00
.300 .345 10,000,000.00
.140 .140
.140 .140
1.300 1.317
.625 .700
1.050 1.058
1.050 1.050
1.050 1.050
1.050 1.050
1.050 1.084
1.050 1.050
.625 .704
1.125 1.132
1.125 1.125
1.125 1.125
1.125 1.125
1.125
1.000
1.125
1.350
1.125
1.125
1.125
1.125
1.125
.800
.800
1.050
1.125
.4%
.500
.500
1.250
.750
.500
2.750
.800
.375
.500
.500
1.200
1.125
1.020
1.000
.750
.450
.625
.625
.650
1.000
.750
1.125
1.125
1.000
1.050
1.125
1017
1.141
1.350
1.125
1.125
1.125
403
.458
.800
.800
1.050
1.125
.523
.550
.557
1.278
1.194
.473
1.128
.870
.349
.580
.600
1.200
.264
1.020
1.000
.480
.450
.625
.625
.650
1.000
.750
1.140
.183
1.021
1.071
50,000,000.00
50,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
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
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000 00
5,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
5,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
15,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
10,000,000.00
10,000,000.00
5,000,000.00
5,00(),000.00
5,000,000.00
5,000,000.00
10,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
4,000,000.00
RIVERISIDE COUNTY TREASURER-TAX COLLECTOR 19
5,000,000.00
5,000,000.00
6,500,000.00
5,000,000.00
5,000,000.00
9,996,000.00
5,000,000.00
5,000,000.00
5,000,000.00
4,997,500.00
4,988,000.00
4,993,500.00
9,984,000.00
5,000,000.00
5,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
4,999,500.00
4,994,400.00
5,004,183.00
9, 966,500.00
9,939,900.00
4,991,050.00
4,998,250.00
5,000,000.00
9,972,500.00
4,993,250.00
100.156250
100.156250
100.156250
100.062500
100.062500
100.031250
100.062500
100.250000
100.250000
100.062500
99.750000
100.093750
99.937500
100.281250
100.281250
100.312500
100.500000
100.125000
100.281250
100.000000
100.093750
100.000000
100.000000
100.000000
100.312500
100.687500
100.000000
100.000000
5,007,812.50
5,007,812.50
6,510,156.25
5,003,125.00
5,003,125.00
10,003,125.00
5,003,125.00
5,012,500.00
5,012,500.00
5,003,125.00
4,987,500.00
5,004,687.50
9,993,750.00
5,014,062.50
5,014,062.50
10,031,250.00
5,025,000.00
5,006,250.00
5,014,062.50
5,000,000.00
5,004,687.50
10,000,000.00
10,000,000.00
5,000,000.00
5,015,625.00
5,034,375.00
10,000,000.00
5,000,000.00
4,992,015.05 100.000000 5,000,000.00
11,984,880.00 100.000000 12,000,000.00
5,000,000.00 100.000000 5,000,000.00
7,812.50
7,812.50
10,156.25
3,125.00
3,125.00
7,125.00
3,125.00
12,500.00
12,500.00
5,625.00
(500.00)
11,187.50
9,750.00
14,062.50
14,062.50
31,250.00
25,000.00
6,250.00
14,562.50
5,600.00
504.50
33,500.00
60,100.00
8,950.00
17,375.00
34,375.00
27,500.00
6,750.00
7,984.95
15,120.00
9,992,000.00 99.937500 9,993,750.00 1,750.00
49,935,444.44 99.968750 49,984,375.00 48,930.56
49,930,583.33 99.937500 ...... 49:968,750:00 .. 38.166.67
4,997,500.00
4,992,300.00
4,998,750.00
5,000,000.00
5,000,000.00
5,000,000.00
4,995,000.00
5,000,000.00
4,992,000.00
4,999,000.00
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
4,997,500.00
4,997,500.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
10,124,000.00
10,114,300.00
10,000,000.00
5,000,000.00
10,000,000.00
10,000,000.00
9,990,000.00
14,988,000.00
9,991,000.00
4,996,000.00
4,941,950.00
5,002,000.00
10,454,500.00
4,991,250.00
5,002,000.00
9,983,000.00
9,979,200.00
5,000,000.00
5,045,700.00
5,000,000.00
5,000,000.00
10,063,305.58
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
4, 996,250.00
5,043,785.00
4,995,000.00
3,996,000.00
100.031250
100.125000
100.750000
100.718750
100.718750
100.718750
100.718750
100.718750
100.125000
100.906250
100.906250
100.906250
100.906250
100.906250
100.062500
100.156250
101.375000
101.031250
101.031250
101.031250
100.093750
100.093750
100.500000
100.500000
100.343750
100.343750
100.375000
100.093750
100.093750
101.531250
100.656250
100.093750
104.062500
100.500000
100.125000
100.250000
100.250000
100.031250
100.093750
100.031250
100.093750
100.656250
100.031250
100.250000
100.250000
100.062500
100.187500
100.125000
100.187500
100.093750
100.187500
100.187500
5,001,562.50
5,006,250.00
5,037,500.00
5,035,937.50
5,035,937.50
5,035,937.50
5,035,937.50
5,035,937.50
5,006,250.00
5,045,312.50
10,090,625.00
5,045,312.50
5,045,312.50
5,045,312.50
5,003,125.00
5,007,812.50
5,068,750.00
5,051,562.50
5,051,562.50
5,051,562.50
10,009,375.00
10,009,375.00
10,050,000.00
5,025,000.00
10,034,375.00
10,034,375.00
10,037,500.00
15,014,062.50
10,009,375.00
5,076,562.50
5,032,812.50
5,004,687.50
10,406,250.00
5,025,000.00
5,006,250.00
10,025,000.00
10,025,000.00
5,001,562.50
5,004,687.50
5,001,562.50
5,004,687.50
10,065,625.00
10,003,125.00
5,012,500.00
5,012,500.00
5,003,125.00
5,009,375.00
5,006,250.00
5,009,375.00
5,004,687.50
5,009,375.00
4,007,500.00
4,062.50
13,950.00
38,750.00
35,937.50
35,937.50
35,937.50
40,937.50
35,937.50
14,250.00
46,312.50
90,625.00
45,312.50
45,312.50
45,312.50
5,625.00
10,312.50
68,750.00
51,562.50
51,562.50
51,562.50
(114,625.00)
(104,925.00)
50,000.00
25,000.00
34,375.00
34,375.00
47,500.00
26,062.50
18,375.00
80,562.50
90,862.50
2,687.50
(48,250.00)
33,750.00
4,250.00
42,000.00
45,800.00
1,562.50
(41,012.50)
1,562.50
4,687.50
2,319.42
3,125.00
12,500.00
12,500.00
3,125.00
9,375.00
6,250.00
13,125.00
(39,097.50)
14,375.00
11,500.00
2.520
2.520
2.520
1.649
1.649
1.648
1.630
3.127
3.127
2.630
2.624
2.630
1.717
2.652
2 652
2.667
4.604
2.208
2.652
1.816
1.287
2.770
2.769
1.816
2.551
3.184
1.816
1.816
1.816
1.816
2.864
1.718
. : .. 1.399
.339
.511
" .. · .425
1.028
.235
1.161
1.178
1.178
1.178
1.177
1.178
.235
1.199
1.199
1.199
1.199
1.199
1.209
1.447
1.694
1.257
1.257
1.257
.082
.082
1.375
1.375
2.367
2.384
3.567
.333
.333
1.676
1.452
.333
1.654
1.374
.495
1.101
1.101
2.008
.082
2.034
2.597
1.458
1.177
2.178
2.178
2.138
4.116
2.173
4.083
.082
4.115
4.091
2.567
2.567
2.567
1.663
1.663
1.663
1.647
3.162
3.162
2.663
2.655
2.663
1.723
2.682
2.682
2.699
4.745
2.230
2.682
1.827
1.293
2.797
2.797
1.827
2.586
3.247
1.827
1.827
1.827
1.827
2.893
1.723
.340
.512
1.044
.236
1.178
1.195
1.195
1.195
1.195
1.195
.236
1.216
1.216
1.216
1.216
1.216
1.225
1.466
1.723
1.274
1.274
1.274
.082
.082
1.389
1.389
2.408
2.427
3.600
.334
.334
1.704
1.468
.334
1.701
1.389
.496
1.110
1.110
2.049
.082
2.068
2.652
1.468
1.186
2.203
2.203
2.162
4.230
2.203
4.211
.082
4.230
4.211
8
Month End Portfolio Holdings
Maturity Maturity Par Book Market I\farket Unrealized Modified Years 1 o
CUSIP Description Date Coupon ToMat Value Value l'rice Value GainfLoss Duration Maturity
3136FR546 FNMA 5YrNr1YrB
3136FR2AO FNMA5\rNliYrB
3135GOCN1 FNMA3YoNc1YrE
3135GODT7 FNMA 3YrNc6MoB
3135GODT7 FNMA 3YrNc6MoB
31398A4T6 FNMA 2Yr
3135GOCN1 FNMA 3YrNc1 YrE
3136FTCX5 FNMA 5YrNc1 YrB
3136FTDJ5 FNMA 5YrNr1YrB
3136FTFT1 FNMA 5YrNc1 YrB
3135GOEM1 FNMA 3YrNc1YrB
3135GOEQ2 FNMA 3YrNc3MoB
3135GOET6 FNMA 3YrNc1 YrE
3135GOFF5 FNMA 3YrNc1YrB
3135GOFF5 FNMA 3YrNc1YrB
3135GOFS7 FNMA 2YrNc1YrB
3135GOFY4 FNMA 3Yr
3136FTQJ1 FNMA 5YrNc1 YrB
3136FTiviT3 FNMA 5YrNc1YrB
3136FTMP1 FNMA 5YrNr1YrB
3135GOGC1 FNMA 3YrNc2YrE
3136FTSB6 FNMA 5YrNc1 YrB
3136FTSH3 FNMA 5YrNcl YrB
3136FTTQ2 FNMA 5YrNc1YrB
3135GOGM9 FNMA 3YrNc2YrE
3135GOGM9 FNMA 3YrNc2YrE
3136FTVW6 FNMA 5YrNc1YrB
3136FTYTO FNMA 3YrNc61vloB
3136FTZT9 FNMA 3YrNc6MoB
3136FTZP7 FNMA 5YrNc1YrB
3136FTB65 FNMA 5YrNc1YrB
3136FTL23 FNMA 3YrNc1YrE
3136FTX38 FNMA 3YrNc6MoB
3136FTW62 FNMA 5YrNc1YrB
3136FT2DO FNMA 5YrNc1YrB
3136FT2K4 FNMA 5YrNc1YrB
3135GOHX4 FNMA 3YrNc6MoB
3136FT2K4 FNMA 5YrNc1YrB
3136FT2K4 FNMA 5YrNc1YrB
3135GO)BO FNMA 3YrNc1YrB
3135GOHG1 FNMA 3Yr
3135GOBR3 FNMA 1.4Yr
3135GOJJ3 FNMA 3YrNc1YrB
3136GOAV3 FNMA 3YrNc6MoB
3136GOAQ4 FNMA 3YrNc6MoB
3135GO)U8 FNMA 3YrNc1YrB
3135GOKD4 FNMA 3YrNc1YrE
3135GO)Tl FNMA 3YrNc6MoB
3135GO)YO FNMA 3YrNc1YrE
3135GOJG9 FNMA 2.5YrNc6MoB
3135GOKL6 FNMA 2.5YrNciYrE
3135GOKS1 FNMA 2.75YrNc1YrB
3135GOKM4 FNMA 3Yr
3135GOLG6 FNMA 3YrNc1YrE
3135GOLX9 FNMA 3YrNc6MoB
3135GOLX9 FNMA 3YrNc6MoB
3136GOMZ1 FNMA 5YrNc1YrB
3135GOLX9 FNMA 3YrNc6MoB
3135GOLX9 FNMA 3YrNc6MoB
3135GOLX9 FNMA 3YrNc6MoB
3135GOLX9 FNMA 3YrNc6MoB
FHLB DISC NOTES
313384C80 FHLB DISC NOTE
313384F61 FHLB DISC NOTE
313384M71 FHLB DISC NOTE
313385BD7 FHLB DISC NOTE
313385GP5 FHLB DISC NOTE
313385HA7 FHLB DISC NOTE
. · • ·. · • · rS:li\!iiX'i, ·
FHLBBONDS
3133XVNT4 FHLB 3Yr
3133XXTU1 FHLB 2.25Yr
3133XYH DO FH LB
313370TA6 FHLB 3Yr
313370TB4 FHLB 3Yr
313371PM2 FHLB2.6Yr
313371UC8 FHLB 3.2Yr
313372KE3 FHLB 4Yr
3133XYVC6 FHLB 5Yr
3133XWKVO FHLB 3Yr
3133736HO FHLB 2.5Yr
313373A51 FHLB 3Yr
313373CZ3 FHLB 3Yr
313373F98 FHLB 2.25Yr
313373)R4 FHLB 3Yr
313373RC8 FHLB 3.25Yr
313373537 FHLB 2.25Yr
313374EV8 FHLB 2YrNc1YrB
313374FU9 FHLB 3Yr
09/14/2016
09/21/2016
08/28/2014
10/17(2014
10/17/2014
10/30/2012
08/28/2014
10/26/2016
10/26/2016
11/09/2016
11(07/2014
11/07/2014
11/07(2014
11/14/2014
11/14/2014
11/21/2013
12/19/2014
11/21/2016
11/21/2016
11/23/2016
12/05/2014
12/07/2016
12/20/2016
12/28/2016
12/23/2014
12/23/2014
12/28/2016
01/30/2015
01/30/2015
01/30/2017
01/30/2017
02/13/2015
03/13/2015
03/08/2017
03/22/2017
03/20/2017
03/13/2015
03/20/2017
03/20/2017
03/13/2015
03(16/2015
08/09/2013
03/26/2015
07/17/2015
03/27/2015
04/17/2015
04/24/2015
04/23/2015
04/23/2015
09/26/2014
10/30/2014
02/10/2015
05/27/2015
05/29/2015
06/26/2015
06/26/2015
06/28/2017
06/26/2015
06/26/2015
06/26/2015
06 26 2015
1.125
1.000
.650
.700
.700
.500
.650
1.250
1.000
1.500
1.000
1.000
.900
1.000
1.000
.600
.750
1.625
1.146
1.000
.650
.700
.700
.228
.650
1.250
1.006
1.500
1.000
1.000
.900
1.000
1.000
.600
.728
1.625
1.125 1.125
1.125 1.125
.850 .850
1.000 1.000
1.250 1.250
1.500 1.500
.825 .825
.825 .825
1.125 1.125
.500 .500
.375 .375
1.000 1.000
1.000 1.000
.300 .300
.600 .600
1.000 1.000
1.000 1.000
1.100 1.100
.700 .700
1.100 1.104
1.100 1.100
.700 .700
.375 550
500 .330
.700 .725
.850 .850
.750 .750
.750 .750
.750 .750
.760 .777
.700 .700
.520 .532
.500 .500
.560 .560
.500 .533
.650 .660
.700 .700
.700 .700
.750 .750
.700 .700
.700 .700
.700 .700
.700 .703
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
20,000,000.00
5,000,000.00
10,000,000.00
5,000,000.00
12,685,000.00
10,000,000.00
10,000,000.00
10,000,000.00
5,000,000.00
10,000,000.00
5,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
12,000,000.00
5,000,000.00
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
4,740,000.00
5,425,000.00
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,600,000.00
5,000,000.00
5,000,000.00
4,400,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
10,000,000.00
5,000,000.00
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
5,000,000.00
5,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
10,000,000.00
15 000 000.00
4,995,000.00
5,000,000.00
5,000,000 00
5,000,000.00
5,000,000.00
20,059,800.00
5,000,000.00
10,000,000.00
4,998,500.00
12,685,000.00
10,000,000.00
10,000,000.00
10,000,000.00
5,000,000.00
10,000,000.00
5,000,000.00
10,006,700.00
5,000,000.00
5,000,000.00
12,000,000.00
5,000,000.00
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
4,740,000.00
5,425,000.00
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,600,000.00
5,000,000.00
4,999,000.00
4,400,000.00
5,000,000.00
4,973,800.00
5,011,850.00
4,996,250.00
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
4,997,500.00
5,000,000.00
4,998,500.00
10,000,000.00
5,000,000.00
4,995,000.00
4,998,500.00
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
10,000,000.00
14 998 500.00
08/21/2012 .200 .200 30,000,000.00 29,939,500.00
09(12/2012 .170
10/31/2012 .170
01/28/2013 .140
06(07(2013 .200
06{18/2013 .200
12/14/2012
07/12/2012
06/14/2013
08/28/2013
07/29/2013
06/26/2013
12/27/2013
02/04/2015
06/18/2015
03/14/2014
09/26/2013
04/29/2014
05/27/2014
08/15/2013
05/28/2014
07/30/2014
08/28/2013
06/28/2013
07(07(2014
1.750
1.260
1.625
.875
.850
500
.875
.406
.968
2.375
1.000
1.350
1.500
1.000
1.375
1.250
.750
.600
.910
.170 10,000,000.00 9,982,811.11
.170 50,000,000.00 49,914,291.67
.140 25,000,000.00 24,964,805.56
.200 50,000,000.00 49,898,888.89
,;i: ;;~:0\Tii\~Zl~:::::::.. ~::::~:~:~i
1.612
1.260
1.198
.851
.840
590
.934
.406
.356
1.404
1.000
1.350
1.500
1.000
1.419
1.250
.671
.600
.910
5,000,000.00
5,000,000.00
15,000,000.00
5,000,000.00
5,000,000.00
10,000,000.00
10,000,000.00
15,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
10,000,000.00
5,000,000.00
7,500,000.00
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
10,000,000.00
5,020,050.00
5,000,000.00
15,185,100.00
5,003,500.00
5,001,442.61
9,976,500.00
9,982,000.00
15,000,000.00
5,091,325.00
5,140,200.00
5,000,000.00
10,000,000.00
5,000,000.00
7,500,000.00
9,986,700.00
5,000,000.00
5,008,850.00
5,000,000.00
10,000,000.00
RIVERISIDE COUNTY 1REASURER-TAX COLLECTOR 20
100.187500
100.187500
100.062500
100.000000
100.000000
100.125000
100.062500
100.281250
100.187500
100.468750
100.187500
100.187500
100.187500
100.187500
100.187500
100.062500
100.718750
100.375000
100.250000
100.281250
100.375000
100.156250
100.375000
100.437500
100.343750
100.343750
100.375000
100.031250
100.000000
100.437500
100.593750
100.000000
100.093750
100.156250
100.375000
100.562500
100.093750
100.562500
100.562500
100.093750
99.718750
100.250000
100.343750
100.156250
100.093750
100.187500
100.000000
100.125000
100.156250
100.093750
99.812500
99.906250
99.937500
99.906250
100.125000
100.125000
99.906250
100.125000
100.125000
100.125000
100.125000
1tl!l.336I!3S
99.994333
99.985806
99.966111
99.917944
99.812500
99.812500
. 99JI989_l7-
100.687500
100.031250
101.281250
100.656250
100.625000
100.218750
100.781250
100.250000
101.531250
103.406250
100.875000
101.750000
102.093750
100.812500
102.031250
101.718750
100.531250
100.062500
101.031250
5,009,375.00
5,009,375.00
5,003,125.00
5,000,000.00
5,000,000.00
20,025,000.00
5,003,125.00
10,028,125.00
5,009,375.00
12,744,460.94
10,018,750.00
10,018,750.00
10,018,750.00
5,009,375.00
10,018,750.00
5,003,125.00
10,071,875.00
5,018,750.00
5,012,500.00
12,033,750.00
5,018,750.00
5,007,812.50
10,037,500.00
10,043,750.00
5,017,187.50
5,017,187.50
5,018,750.00
10,003,125.00
5,000,000.00
4,760,737.50
5,457,210.94
10,000,000.00
5,004,687.50
5,007,812.50
5,018,750.00
5,631,500.00
5,004,687.50
5,028,125.00
4,424,750.00
5,004,687.50
4,985,937.50
5,012,500.00
5,017,187.50
10,015,625.00
5,004,687.50
5,009,375.00
5,000,000.00
5,006,250.00
5,007,812.50
5,004,687.50
9,981,250.00
4,995,31250
4,996,875.00
4,995,312.50
10,012,500.00
5,006,250.00
4,995,312.50
5,006,250.00
5,006,250.00
10,012,500.00
15 018 750.00
14,375.00
9,375.00
3,125.00
(34,800.00)
3,125.00
28,125.00
10,875.00
59,460.94
18,750.00
18,750.00
18,750.00
9,375.00
18,750.00
3,125.00
65,175.00
18,750.00
12,500.00
33,750.00
18,750.00
7,81250
37,500.00
43,750.00
17,187.50
17,187.50
18,750.00
3,125.00
20,737.50
32,210.94
4,68750
7,812.50
18,750.00
31,500.00
4,68750
29,125.00
24,750.00
4,687.50
12,137.50
650.00
20,937.50
15,625.00
4,687.50
9,375.00
8,750.00
7,812.50
6,187.50
(18,750.00)
(4,687.50)
1,875.00
(3,187.50)
12,500.00
6,250.00
(4,687.50)
6,250.00
6,250.00
12,500.00
20250.00
4.083 4.211
4.116 4.230
2.138 2.162
2.272 2.299
2.272 2.299
.334 .334
2.138 2.162
4.186 4.326
4.212 4.326
4.195 4.364
2.316 2.356
2.316 2.356
2.320 2.356
2.336 2.375
2.336 2.375
1.383 1.395
2.442 2.471
4.215 4.397
4.268 4.397
4.274 4.403
2.399 2.433
4.326 4.441
4.335 4.477
4.330 4.499
2.450 2.482
2.450 2.482
4.370 4.499
2.558 2.586
2.565 2586
4.451 4.589
4.451 4.589
2.604 2.625
2.672 2.701
4.556 4.690
4594 4.729
4.576 4.723
2.667 2.701
4.576 4.723
4.576 4.723
2.667 2.701
2.690 2.710
1.103 1.110
2.703 2.737
2.990 3.047
2.704 2.740
2.759 2.797
2.778 2.816
2.775 2.814
2.778 2.814
2.220 2.241
2.315 2.334
2.586 2.616
2.882 2.907
2.880 2.912
2.953 2.989
2.953 2.989
4.893 4.997
2.953 2.989
2.953 2.989
2.953 2.989
2.952 2.989
: '2J!tl6 . . " . ,, i 2.35!0
29,998,300.00 58,800.00 .142 .142
.203
.337
.581
.937
.967
9,998,58056 15,769.45 .202
49,983,055.56 68,763.89 .336
24,979,486.11 14,680.55 .580
49,906,250.00 7,361.11 .934
49,906,250.00 7,361.11 .965
5,034,375.00
5,001,56250
15,192,187.50
5,032,812.50
5,031,250.00
10,021,875.00
10,078,125.00
15,037,500.00
5,076,56250
5,170,31250
5,043,750.00
10,175,000.00
5,104,68750
7,560,937.50
10,203,125.00
5,085,93750
5,026,562.50
5,003,125.00
10,103,125.00
14,325.00
1,56250
7,08750
29,31250
29,807.39
45,375.00
%,125.00
37,500.00
(14,762.50)
30,112.50
43,750.00
175,000.00
104,687.50
60,937.50
216,425.00
85,93750
17,712.50
3,125.00
103,125.00
.454
.033
.946
1.150
1.070
.985
1.478
2583
2.931
1.659
1.225
1.798
1.872
1.112
1.877
2.040
1.152
.990
1.988
.458
.033
.956
1.162
1.079
.989
1.493
2.600
2.967
1.704
1.241
1.830
1.907
1.126
1.910
2.082
1.162
.995
2.019
9
Month End Portfolio Holdings
1\faturity Matunty Par Book Market !\-farket Unrealized Modifted Years To
CUSIP Description Date Coupon To Mat Value \i alue Price Value Gain/Loss Duration Maturity
313374N63 FHLB 2Yr
313374YBO FHLB IYr
313374Y61 FHLB 2Yr
3133XYIVB7 FHLB 1.75Yr
3133756E2 FHLB 1Yr
3133756E2 FHLB 1Yr
313375AHO FH LB 1Yr
313375BN6 FH LB 1 Yr
313374UA6 FHLB liMo
313375FN2 FHLB1Yr
313374VY3 FHLB 1.5Yr
313375C70 FHLB1Yr
313375RP4 FHLB 1Yr
313374VY3 FHLB 1.2Yr
313374VY3 FHLB 1.2Yr
313375UIV5 FHLB 5YrNc3MoB
313375XH5 FHLB 1Yr
313374VY3 FHLB 1.2Yr
313375X51 FHLB 1Yr
313375R33 FHLB 1YrNc3MoE
3133767C3 FHLB 1Yr
313376A47 FHLB 2Yr
313376BU8 FHLB 1Yr
313376CIV3 FHLB 1.5Yr
313376CIV3 FHLB 1.5Yr
313376CIV3 FHLB 1.5Yr
3133760\V2 FHLB 1Yr
313376CIV3 FHLB 1.5Yr
313376CIV3 FHLB 1.5Yr
313376CIV3 FHLB 1.5Yr
3133760E2 FHLB 1.5Yr
313376085 FHLB 18Mo
313376GK5 FHLB 1.5Yr
313376C86 FHLB 1.5Yr
313376JE6 FHLB 1.5Yr
313376)08 FHLB 1Yr
313376)55 FHLB 1.5Yr
313376JY2 FHLB 1.5Yr
313376)55 FHLB 1.5Yr
313376)08 FHLB 1Yr
313376K)3 FHLB 18Mo
313376)08 FHLB 1Yr
313376)08 FHLB 1Yr
313376Kj3 FHLB 18Mo
313376GT6 FHLB 1.5Yr
313376GT6 FHLB 1.5Yr
313376)08 FHLB 1Yr
313376)08 FHLB 1Yr
313376Kj3 FHLB 1.5Yr
313376)08 FHLB 1Yr
313376Kj3 FH LB 1.5Yr
313376LR4 FHLB 1Yr
313376G58 FHLB 1Yr
313376G66 FHLB 13Mo
313374VY3 FHLB 13Mo
313376GT6 FHLB 1.5Yr
313376LIV3 FHLB 1Yr
313375QX8 FHLB 9Mo
313376BE4 FHLB 9Mo
313376KL8 FHLB l.5Yr
313376MAO FHLB 13MoNc9MoE
313375Fj1 FH LB 8Mo
313375FJ1 FHLB 8Mo
313376MP7 FHLB 1Yr
'313376036 FHLB 1.5Yr
313376MP7 FH LB 1 Yr
313376MP7 FHLB 1Yr
313376P58 FHLB 1.5Yr
313376MZ5 FHLB 1Yr
313376)55 FH LB 1.5Yr
313376A96 FHLB 1.5Yr
313376QN8 FHLB 1YrNc9MoE
313376QN8 FHLB 1YrNc9MoE
313376RHO FHLB 1.25Yr
313376UFO FHLB 2Yr
313376VB8 FHLB 2Yr
313376UY9 FHLB 1.5Yr
313376VS1 FHLB l3MoNc9MoE
313376U78 FHLB 1Yr
313376TQ8 FHLB 1Yr
313376\VM3 FHLB lYr
313376VB8 FHLB 1.5Yr
313376\VM3 FHLB 1Yr
313376550 FHLB 1.75YrNc9MoB
313376XA8 FHLB lYr
313376UY9 FHLB 1.5Yr
313378464 FHLB 1Yr
313376UY9 FHLB 1.5Yr
3133784T5 FHLB 1.5Yr
313376VB8 FHLB 1.5Yr
05/30/2013
07/25/2012
08/28/2013
08/22/2012
08/24/2012
08/24/2012
08/08/2012
08/16/2012
07/16/2012
09/14/2012
01/29/2013
08/22/2012
09/19/2012
01/29/2013
01/29/2013
10/20/2016
10/24/2012
01/29/2013
10/24/2012
10/03/2012
11/07/2012
11/29/2013
11/15/2012
05/21/2013
05/21/2013
05/21/2013
11/29/2012
05/21/2013
05/21/2013
05/21/2013
05/28/2013
05/16/2013
06/03/2013
05/07/2013
05/30/2013
01/11/2013
07/09/2013
06/19/2013
07/09/2013
01/11/2013
06/21/2013
01/11/2013
01/11/2013
06/21/2013
05/30/2013
05/30/2013
01/11/2013
01/11/2013
06/21/2013
01/11/2013
06/21/2013
12/13/2012
12/28/2012
12/21/2012
01/29/2013
05/30/2013
01/04/2013
09/26/2012
09/10/2012
06/21/2013
01/08/2013
08/24/2012
08/24/2012
01/03/2013
05/16/2013
01/03/2013
01/03/2013
06/28/2013
01/18/2013
07/09/2013
05/03/2013
OJ /18/2013
01/18/2013
04/12/2013
01/29/2014
07/30/2013
08/05/2013
02/20/2013
02/01/2013
02/06/2013
02/08/2013
07/30/2013
02/08/2013
10/25/2013
02/15/2013
08/05/2013
02/08/2013
08/05/2013
08/09/2013
07/30/2013
.500
.250
.500
.875
.310
.310
.125
.200
.260
.240
.375
.160
.125
.375
.375
1.000
.230
.375
.220
.350
.200
.450
.200
.340
.340
.340
.200
.340
.340
.340
.310
.340
.320
.300
.375
.210
.375
.400
.375
.210
.400
.210
.210
.400
.350
.350
.210
.210
.400
.210
.400
.200
.200
.190
.375
.350
.200
.240
.140
.400
.250
.220
.220
.210
.300
.210
.210
.350
.200
.375
.370
.300
.300
.240
.375
.250
.250
.200
.180
.170
.170
.250
.170
.550
.170
.250
.170
.250
.250
.250
RIVERISIDE COUNTY 1REASURER-TAX COLLECTOR
.500
274
.567
.311
.310
.259
.241
.200
.183
.240
.250
.203
.215
.315
.310
1.010
.259
.315
.220
.350
.203
.470
.213
.343
.343
.340
.203
.340
.340
.340
.310
.340
.320
.340
.375
.249
.375
.400
.375
.244
.400
.239
.214
.380
.344
.344
.229
.210
.348
.215
.371
.208
.203
.198
.203
.330
.200
.153
.143
.361
.250
.147
.147
.210
.290
.204
.204
.350
.203
.350
.293
.300
.300
.243
.375
.268
.250
.200
.180
.183
.183
.288
.165
.508
.173
.285
.170
.250
.250
.266
10,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
20,000,000.00
16,700,000.00
9,000,000.00
10,000,000.00
5,040,000.00
30,000,000.00
5,000,000.00
10,000,000.00
5,000,000.00
20,000,000.00
7,750,000.00
3,571,428.57
20,000,000.00
10,000,000.00
15,000,000.00
2,800,000.00
5,000,000.00
5,000,000.00
20,000,000.00
10,000,000.00
10,000,000.00
15,000,000.00
5,000,000.00
15,000,000.00
10,000,000.00
5,000,000.00
15,000,000.00
15,000,000.00
15,000,000.00
10,000,000.00
15,000,000.00
25,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
5,000,000.00
10,000,000.00
15,000,000.00
15,000,000.00
10,000,000.00
10,000,000.00
15,000,000.00
15,000,000.00
8,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
10,355,000.00
5,000,000.00
25,000,000.00
18,000,000.00
7,000,000.00
10,000,000.00
15,000,000.00
10,000,000.00
15,000,000.00
10,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
10,000,000.00
10,000,000.00
10,085,000.00
10,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
2,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
21
10,000,000.00
9,997,573.00
9,986,100.00
10,059,900.00
20,000,000.00
16,708,491.95
8,989,650.00
10,000,000.00
5,043,528.00
30,000,000.00
5,008,800.00
9,995,800.00
4,995,500.00
20,015,866.20
7,756,634.00
3,569,642.86
19,994,200.00
10,007,870.00
15,000,000.00
2,800,000.00
4, 999,830.00
4,997,944.55
19,997,400.00
9,999,500.00
9,999,500.00
i5,ooo,ooo.oo
4,999,850.00
15,000,000.00
10,000,000.00
5,000,000.00
15,000,000.00
15,000,000.00
15,000,000.00
9,994,300.00
15,000,000.00
24,989,425.00
10,000,000.00
10,000,000.00
10,000,000.00
9, 996,359.34
10,000,000.00
9,996,900.00
4,999,800.00
10,002,988.60
15,001,381.80
15,001,350.00
9,998,000.00
10,000,000.00
15,011,550.00
14,999,250.00
8,003,520.00
9,999,200.00
9,999,700.00
9,999,168.10
10,375,399.35
5,001,450.00
25,000,000.00
18,012,582.00
6,999,839.00
10,005,900.00
15,000,000.00
10,005,140.00
15,007,710.00
10,000,000.00
10,001,400.00
5,000,330.00
5,000,330.00
10,000,000.00
9,999,670.00
10,088,810.82
10,010,200.00
10,000,000.00
10,000,000.00
9,999,629.90
5,000,000.00
4,998,690.00
5,000,000.00
5,000,000.00
5,000,000.00
4,999,350.00
4,999,355.00
4,997,191.10
5,000,250.00
2,001,460.00
9,999,700.00
4,997,372.74
5,000,000.00
5,000,000.00
5,000,000.00
4,998,800.00
100.218750
100.000000
100.250000
100.093750
100.031250
100.031250
100.000000
100.000000
100.000000
100.031250
100.062500
100.000000
100.000000
100.062500
100.062500
100.031250
100.031250
100.062500
100.031250
100.062500
100.031250
100.156250
100.031250
100.062500
100.062500
100.062500
100.031250
100.062500
100.062500
100.062500
100.062500
100.062500
100.062500
100.031250
100.093750
100.000000
100.093750
100.093750
100.093750
100.000000
100.093750
100.000000
100.000000
100.093750
100.093750
100.093750
100.000000
100.000000
100.093750
100.000000
100.093750
100.000000
100.000000
100.000000
100.062500
100.093750
100.000000
100.031250
100.000000
100.125000
100.000000
100.000000
100.000000
100.000000
100.031250
100.000000
100.000000
100.093750
99.968750
100.093750
100.093750
100.031250
100.031250
99.968750
100.031250
99.968750
99.968750
99.968750
99.937500
99.937500
99.937500
99.968750
99.937500
100.062500
99.937500
99.968750
99.937500
99.968750
99.968750
99.968750
10,021,875.00
10,000,000.00
10,025,000.00
10,009,375.00
20,006,250.00
16,705,218.75
9,000,000.00
10,000,000.00
5,040,000.00
30,009,375.00
5,003,125.00
10,000,000.00
5,000,000.00
20,012,500.00
7,754,843.75
3,572,544.64
20,006,250.00
10,006,250.00
15,004,687.50
2,801,750.00
5,001,562.50
5,007,812.50
20,006,250.00
10,006,250.00
10,006,250.00
15,009,375.00
5,001,562.50
15,009,375.00
10,006,250.00
5,003,125.00
15,009,375.00
15,009,375.00
15,009,375.00
10,003,125.00
15,014,062.50
25,000,000.00
10,009,375.00
10,009,375.00
10,009,375.00
10,000,000.00
10,009,375.00
10,000,000.00
5,000,000.00
10,009,375.00
15,014,062.50
15,014,062.50
10,000,000.00
10,000,000.00
15,014,062.50
15,000,000.00
8,007,500.00
10,000,000.00
10,000,000.00
10,000,000.00
10,361,471.88
5,004,687.50
25,000,000.00
18,005,625.00
7,000,000.00
10,012,500.00
15,000,000.00
10,000,000.00
15,000,000.00
10,000,000.00
10,003,125.00
5,000,000.00
5,000,000.00
10,009,375.00
9,996,875.00
10,094,454.69
10,009,375.00
10,003,125.00
10,003,125.00
9, 996,875.00
5,001,562.50
4,998,437.50
4,998,437.50
4, 998,437.50
4,996,875.00
4,996,875.00
4,996,875.00
4,998,437.50
4,996,875.00
2,001,250.00
9,993,750.00
4,998,437.50
4,996,875.00
4,998,437.50
4,998,437.50
4,998,437.50
21,875.00
2,427.00
38,900.00
(50,525.00)
6,250.00
(3,273.20)
10,350.00
(3,528.00)
9,375.00
(5,675.00)
4,200.00
4,500.00
(3,366.20)
(1,790.25)
2,901.78
12,050.00
(1,620.00)
4,687.50
1,750.00
1,732.50
9,867.95
8,850.00
6,750.00
6,750.00
9,375.00
1,712.50
9,375.00
6,250.00
3,125.00
9,375.00
9,375.00
9,375.00
8,825.00
14,062.50
10,575.00
9,375.00
9,375.00
9,375.00
3,640.66
9,375.00
3,100.00
200.00
6,386.40
12,680.70
12,712.50
2,000.00
2,512.50
750.00
3,980.00
800.00
300.00
831.90
(13,927.48)
3,237.50
(6,957.00)
161.00
6,600.00
(5,140.00)
(7,710.00)
1,725.00
(330.00)
(330.00)
9,375.00
(2,795.00)
5,643.87
(825.00)
3,125.00
3,125.00
(2,754.90)
1,562.50
(25250)
(1,562.50)
(1,562.50)
(3,125.00)
(2,475.00)
(2,480.00)
1,246.40
(3,375.00)
(210.00)
(5,950.00)
1,064.76
(3,125.00)
(1,562.50)
(1,562.50)
(362.50)
.913
068
1.154
.145
.150
.150
.107
.129
.044
.208
.579
.145
.222
.579
.579
4.196
.317
.579
.317
.260
.356
1.407
.377
.889
.889
.889
.416
.889
.889
.889
.909
.875
.923
.851
.914
.529
1.022
.967
1.022
.529
.972
.529
.529
.972
.914
.914
.529
.529
.972
.529
.972
.454
.495
.476
.579
.914
.510
.241
.197
.972
.521
.150
.150
.507
.876
.507
.507
.992
.549
1.022
.840
.548
.548
.782
1.572
1.080
1.095
.638
.585
.599
.605
1.080
.605
1.312
.624
1.095
.605
1.095
1.105
1.080
.915
.068
1.162
.145
.151
.151
.107
.129
.044
.208
.584
.145
.222
.584
.584
4.310
.318
.584
.318
.260
.356
1.416
.378
.890
.890
.890
.416
.890
.890
.890
.910
.877
.926
.852
.915
.534
1.025
.970
1.025
.534
.975
.534
.534
.975
.915
.915
.534
.534
.975
.534
.975
.455
.496
.477
.584
.915
.515
.241
.197
.975
526
.151
.151
.512
.877
512
.512
.995
.553
1.025
.841
.553
.553
.784
1.584
1.082
1.099
.644
.592
.605
.611
1.082
.611
1.321
.630
1.099
.6ll
1.099
1.110
1.082
10
Month End Portfolio Holdings
Maturity Maturity Par Book Market I\farket Unrealized Modified Years To
CUSIP Description Date Coupon To Mat \~alue Value Price Value GainfLoss Duration l\Iaturity
313378457 FHLB 1Yr
3133784Y4 FHLB 5YrNc1MoB
313378AC5 FHLB 3Yr
313378CE9 FHLB 1.2Yr
313378B59 FHLB 1Yr
313378BT7 FHLB 1Yr
313378CP4 FHLB 1YrNc6MoE
313378CP4 FHLB 1YrNc6MoE
313378ED9 FHLB 1.5Yr
313378301 FHLB 2YrNc
313378H79 FHLB 1.5Yr
313376ZQ1 FHLB 3Yr
313378)51 FHLB 2YrNc6MB
313378KU4 FHLB 2.5YrNc6MoB
313378KU4 FHLB 2.5YrNc6MoB
313378ED9 FHLB 1.5Yr
313378JN2 FHLB 1Yr
313378JN2 FHLB 1Yr
313376ZQ1 FHLB 3Yr
313378P70 FHLB 5YrNc3MoB
313376YC3 FHLB 1Yr
313378LW9 FHLB 1.5Yr
313378QE4 FHLB 2YrNc1YrA
313378FY2 FHLB 2.25Yr
313376TZ8 FHLB 1Yr
313378BF7 FHLB 1Yr
313378JN2 FHLB 1Yr
313378TF8 FHLB 1Yr
313378TT8 FHLB 1.5Yr
313378U58 FHLB 3Yr
313376XWO FHLB 1.3Yr
313378URO FHLB 5YrNc3MoB
313376DE2 FHLB 1.5Yr
313378KJ9 FHLB 1Yr
313378X30 FHLB 1Yr
313378YL9 FHLB 1.5Yr
313378YN5 FHLB 1YrNc9MoE
313378YX3 FHLB 1.5Yr
313378LH2 FHLB 1.5Yr
3133782U8 FHLB 1Yr
313378Zj3 FHLB 5YrNc3MoB
313378XSS FHLB 3YrNc2YrE
313376T28 FHLB 1Yr
3J3379A90 FHLB 1Yr
313379A66 FHLB 1Yr
313379A66 FHLB 1Yr
313379A82 FHLB 1YrNc9MoE
313379A82 FHLB 1YrNc9MoE
313379A82 FHLB 1YrNc9MoE
313379A82 FHLB 1YrNc9MoE
313379AK5 FHLB 2Yr
3133796L8 FHLB 1.5Yr
313379BN8 FHLB 2YrNc1 MoB
313379BQ1 FHLB 18MoNc1MoB
313376D36 FHLB 1Yr
313379C23 FHLB 5YrNc3MoB
313378F71 FHLB 9Mo
313378BT7 FHLB 9Mo
313379EF2 FHLB 2YrNc1 MoB
3133796L8 FHLB 18Mo
313379821 FHLB 1Yr
313379B21 FHLB 12Mo
313379GB9 FHLB 1.5YrNc6MoB
313379FL8 FHLB 2Yr
313379FKO FHLB 18Mo
313379HC6 FHLB 2YrNc1 MoB
313379G37 FHLB 1Yr
313379FL8 FHLB 2Yr
313379JJ9 FHLB 1YrNc6MoE
313379JD2 FHLB 1YrNc9MoE
313379PX1 FHLB 1Yr
313379QW2 FHLB 1Yr
313379RU5 FHLB 1YrNc3MoB
313379Q85 FHLB 1Yr
313379LN7 FHLB 1YrNc1MoB
313379GP8 FHLB 1YrNcl MoB
3135GOLX9 FHLB 3YrNc6MoB
3135GOLX9 FHLB 3YrNc6MoB
313313809
313313BA5
313313BX5
313313BX5
313313CQ9
313313CQ9
313313CH9
FFCB DISC NOTE
FFCB DISC NOTE
FFCB DISC NOTE
FFCB DISC NOTE
FFCB DISC NOTE
FFCB DISC NOTE
FFCB DISC NOTE
02/11/2013
02/28/2017
05/22/2015
05/07(2013
02/28/2013
02/15/2013
02/28/2013
02/28/2013
09/09/2013
02/13/2014
09/09/2013
03/13/2015
03/05/2014
09/12/2014
09/12/2014
09/09/2013
03/05/2013
03/05/2013
03/13/2015
04/11/2017
02/06/2013
09(12/2013
03/28/2014
05/30/2014
02/27/2013
02/28/2013
03/05/2013
03/27/2013
10/09/2013
05/04/2015
05/10/2013
04/20/2017
05/28/2013
04/05/2013
04/16/2013
10/11/2013
05/07/2013
10/15/2013
09/16/2013
04/18/2013
04/27/2017
04/30/2015
02/27(2013
05/03/2013
05/03/2013
05/03/2013
05/22/2013
05/22/2013
05/22/2013
05/22/2013
04/30/2014
12/03/2013
05/15/2014
11/22/2013
05/16/2013
05/24/2017
02/22/2013
02/15/2013
05/22/2014
12/03/2013
05(17(2013
05(17 /2013
11/26/2013
05/19/2014
11/15/2013
05/23/2014
05/17/2013
05(19/2014
06/14/2013
06/13/2013
05/29/2013
06/14/2013
07/05/2013
06/04/2013
06(17(2013
06/10/2013
06/26/2015
06/26/2015
07 01 2013
.170 .170
1.000 1.000
.500 .500
.260 .260
.190 .219
.190 219
.250 .250
.250 .250
.310 .310
.300 .379
.300 .300
.375 .551
.430 .430
.500 .500
.500 .500
.310 291
.125 .228
.125 .213
.375 .689
1.125 1.125
.150 .250
.280 .348
.500 .500
.375 .468
.170 .240
.180 .240
.125 .254
.250 .258
.400 .400
.700 .700
.200 .268
1.125 1.125
.310 .262
.230 .243
.250 .250
.350 .350
.280 .280
.350 .350
.280 .310
.230 .253
1.000 1.000
.650 .650
.170 .204
.230 .230
.220 .233
.220 .233
.250 .250
.250 .250
.250 .250
.250 .250
.340 .340
.290 .290
.450 .450
.350 .350
.300 .233
1.000 1.000
.190 .190
.190 .204
.400 .400
.290 .300
.220 .233
.220 .233
.330 .330
.350 .350
.300 .302
.420 .420
.230 .235
.350 .350
.290 .290
.280 .280
.240 .240
.240 .240
.300 .300
.230 .233
.310 .310
.300 .300
.700 .700
.700 .700
.250 .284
01/28/2013 .140 .140
01/25/2013 .200 .200
02/15/2013 .180 .180
02/15/2013 .190 .190
03/04/2013 .190 .190
03/04/2013 .190 .190
02/25/2013 .180 .180
03 04 2013 .190 .190
RIVERISIDE COUNTY TREASURER-TAX COLLECTOR
5,000,000.00 5,000,000.00 99.937500
5,000,000.00 5,000,000.00 100.062500
5,000,000.00 5,000,000.00 99.906250
15,000,000.00 15,000,000.00 100.000000
5,000,000.00 4,998,550.00 99.9375QO
5,000,000.00 4,998,550.00 99.968750
15,000,000.00 15,000,000.00 100.000000
20,000,000.00 20,000,000.00 100.000000
10,000,000.00 10,000,000.00 100.031250
5,000,000.00 4,992,300.00 99.906250
5,000,000.00 5,000,000.00 100.000000
5,000,000.00 4,973,550.00 99.625000
5,000,000.00 5,000,000.00 100.000000
5,000,000.00 5,000,000.00 100.062500
5,000,000.00 5,000,000.00 100.062500
5,000,000.00 5,001,450.00 100.031250
5,000,000.00 4,994,955.00 99.906250
5,000,000.00 4,995,700.00 99.906250
5,000,000.00 4,953,525.00 99.625000
5,000,000.00 5,000,000.00 100.031250
10,000,000.00 9,991,100.00 99.937500
5,000,000.00 4,994,950.00 99.968750
5,000,000.00 5,000,000.00 100.218750
5,000,000.00 4,990,014.15 99.968750
9,900,000.00 9,893,565.00 99.937500
10,000,000.00 9,994,400.00 99.937500
5,000,000.00 4,993,850.00 99.906250
10,000,000.00 9,999,164.00 100.000000
15,000,000.00 15,000,000.00 100.125000
15,000,000.00 15,000,000.00 100.468750
20,000,000.00 19,985,000.00 99.937500
5,000,000.00 5,000,000.00 100.031250
14,500,000.00 14,507,830.00 100.062500
5,000,000.00 4,999,350.00 99.968750
5,000,000.00 5,000,000.00 100.000000
5,000,000.00 5,000,000.00 100.062500
10,000,000.00 10,000,000.00 99.968750
5,000,000.00 5,000,000.00 100.062500
5,000,000.00 4,997,850.00 99.968750
5,000,000.00 4,998,850.00 99.%8750
IJ,750,000.00 11,750,000.00 100.062500
5,000,000.00 5,000,000.00 100.281250
7,000,000.00 6,997,970.00 99.937500
5,000,000.00 5,000,000.00 99.968750
10,000,000.00 9,998,680.00 99.968750
5,000,000.00 4,999,340.00 99.968750
5,000,000.00 5,000,000.00 100.000000
5,000,000.00 5,000,000.00 100.000000
10,000,000.00 10,000,000.00 100.000000
5,000,000.00 5,000,000.00 100.000000
5,000,000.00 5,000,000.00 99.937500
10,000,000.00 10,000,000.00 99.937500
5,000,000.00 5,000,000.00 99.937500
5,000,000.00 5,000,000.00 99.937500
10,000,000.00 10,006,980.00 100.031250
12,800,000.00 12,800,000.00 100.093750
15,000,000.00 15,000,000.00 99.937500
7,500,000.00 7,499,158.95 99.968750
5,000,000.00 5,000,000.00 99.906250
5,000,000.00 4,999,250.00 99.937500
20,000,000.00 19,997,400.00 99.968750
5,000,000.00 4,999,345.00 99.968750
5,000,000.00 5,000,000.00 99.937500
5,000,000.00 5,000,000.00 99.937500
5,000,000.00 4,999,850.00 99.968750
5,000,000.00 5,000,000.00 99.875000
15,000,000.00 14,999,250.00 99.968750
5,000,000.00 5,000,000.00 99.937500
30,000,000.00 30,000,000.00 99.968750
20,000,000.00 20,000,000.00 99.968750
10,000,000.00 10,000,000.00 99.968750
10,000,000.00 10,000,000.00 99.968750
5,000,000.00 5,000,000.00 99.968750
5,000,000.00 4,999,850.00 99.968750
5,000,000.00 4,999,999.97 100.000000
10,000,000.00 10,000,000.00 99.968750
5,000,000.00 5,000,000.00 100.125000
5,000,000.00 5,000,000.00 100.125000
10 000 000.00 9 996 620.00 99.968750
25,000,000.00
50,000,000.00
25,000,000.00
50,000,000.00
25,000,000.00
25,000,000.00
25,000,000.00
50 000 000.00
22
24,964,805.56 99.906250
49,913,611.11 99.906250
24,960,500.00 99.906250
49,917,930.56 99.906250
24,956,854.17 99.875000
24,956,854.17 99.875000
24,960,000.00 99.875000
49 922 944.44 99.875000
4,996,875.00
5,003,125.00
4,995,312.50
15,000,000.00
4,996,875.00
4,998,437.50
15,000,000.00
20,000,000.00
10,003,125.00
4,995,312.50
5,000,000.00
4,981,250.00
5,000,000.00
5,003,125.00
5,003,125.00
5,001,562.50
4,995,312.50
4,995,312.50
4,981,250.00
5,001,562.50
9,993,750.00
4,998,437.50
5,010,937.50
4,998,437.50
9,893,812.50
9,993,750.00
4, 995,31 2.50
10,000,000.00
15,018,750.00
15,070,312.50
19,987,500.00
5,001,562.50
14,509,062.50
4,998,437.50
5,000,000.00
5,003,125.00
9,996,875.00
5,003,125.00
4,998,437.50
4,998,437.50
11,757,343.75
5,014,062.50
6,995,625.00
4,998,437.50
9,996,875.00
4,998,437.50
5,000,000.00
5,000,000.00
10,000,000.00
5,000,000.00
4,996,875.00
9,993,750.00
4,996,875.00
4,996,875.00
10,003,125.00
12,812,000.00
14,990,625.00
7,497,656.25
4,995,312.50
4,996,875.00
19,993,750.00
4,998,437.50
4,996,875.00
4, 996,875.00
4,998,437.50
4,993,750.00
14,995,312.50
4,996,875.00
29,990,625.00
19,993,750.00
9,996,875.00
9,996,875.00
4,998,437.50
4,998,437.50
5,000,000.00
9,996,875.00
5,006,250.00
5,006,250.00
9996875.00
'1.69liR~tt.
(3,125.00)
3,125.00
(4,687.50)
(1,675.00)
(112.50)
3,125.00
3,012.50
7,700.00
3,125.00
3,125.00
112.50
357.50
(387.50)
27,725.00
1,562.50
2,650.00
3,487.50
10,937.50
8,423.35
247.50
(650.00)
1,462.50
836.00
18,750.00
70,312.50
2,500.00
1,562.50
1,232.50
(912.50)
3,125.00
(3,125.00)
3,125.00
587.50
(412.50)
7,343.75
14,062.50
(2,345.00)
(1,562.50)
(1,805.00)
(902.50)
(3,125.00)
(6,250.00)
(3,125.00)
(3,125.00)
(3,855.00)
12,000.00
(9,375.00)
(1,502.70)
(4,687.50)
(2,375.00)
(3,650.00)
(907.50)
(3,125.00)
(3,125.00)
(1,412.50)
(6,250.00)
(3,937.50)
(3,125.00)
(9,375.00)
(6,250.00)
(3,125.00)
(3,125.00)
(1,562.50)
(1,412.50)
0.03
(3,125.00)
6,250.00
6,250.00
255.00
24,976,562.50 11,756.94
49,953,125.00 39,513.89
24,976,562.50 16,062.50
49,953,125.00 35,194.44
24,968,750.00 11,895.83
24,968,750.00 11,895.83
24,968,750.00 8,750.00
49 937 500.00 14 555.56
.613 .619
4.534 4.668
2.869 2.893
.851 .852
.665 .666
.624 .630
.665 .666
.665 .666
1.188 1.195
1.612 1.625
1.188 1.195
2.678 2.701
1.671 1.679
2.182 2.203
2.182 2.203
1.188 1.195
.679 .679
.680 .679
2.676 2.701
4.631 4.784
.599 .605
1.196 1.203
1.733 1.742
1.907 1.915
.657 .663
.665 .666
.679 .679
.740 .740
1.269 1.277
2.809 2.844
.859 .860
4.655 4.808
.909 .910
.762 .764
.793 .795
1.276 1.282
.851 .852
1.287 1.293
1.209 1.214
.798 .800
4.691 4.827
2.800 2.833
.657 .663
.840 .841
.840 .841
.840 .841
.893 .893
.893 .893
.893 .893
.893 .893
1.825 1.833
1.422 1.427
1.864 1.874
1.389 1.397
.876 .877
4.766 4.901
.643 .649
.623 .630
1.885 1.893
1.422 1.427
.879 .879
.879 .879
1.402 1.408
1.878 1.885
1.371 1.378
1.887 1.896
.879 .879
1.878 1.885
.953 .956
.951 .953
.912 .912
.954 .956
1.010 1.014
.926 .929
.962 .964
.943 .945
2.953 2.989
2.953 2.989
.999 1.003
"•;'JII4' ., "'":'<993
.580 .581
.571 .573
.629 .630
.629 .630
.675 .677
.675 .677
.656 .658
.675 .677
11
Month End Portfolio Holdings
Maturity 1\.latunty Par Book f\.larket Market Unrealized l\lodified Years To
CUSIP Description Date Coupon ToMat Value Value Price Value GainjLoss Duration l\laturity
FFCB BONDS
31331JQUO FFCB 3Yc
31331JY56 FFCB 2\'c
31331J6A6 FFCB 3Yr
31331J6A6 FFCB3Yc
31331J7AS FFCB1.5Yc
31331)7 AS FFCB 1.5Yc
31331J6A6 FFCB 3Yc
31331 KET3 FFCB 2.5Yc
31331KGN4 FFCB3Yc
31331KHV5 FFCB5Yr
31331KPC8 FFCB 2.2Yc
31331 KQU7 FFCB 1.5Yc
31331 KPD6 FFCB 2.5Yc
31331 KMM9 FFCB 1.5Yc
31331KMM9 FFCB 1.5Yr
31331 KUW8 FFCB 2.25YcNc3MoA
31331 KZJ2 FFCB 2Yr
31331KB82 FFCB 2Yr
31331 KZK9 FFCB 1.25Yc
31331KK74 FFCB3YrNc1YcA
31331KK74 FFCB3YrNc1YrA
31331 K5K2 FFCB 2Yr
3133EACJ5 FFCB 1.5YrNc3MoE
3133EADY1 FFCB 2YcNc1YrA
31331 KZFO FFCB 21MoNc1 MoA
3133EAHP6 FFCB 3Yc
3133EALT3 FFCB 1.5Yr
3133EALN6 FFCB1Yr
3133EALN6 FFCB 1Yr
3133EACJ5 FFCB 1.5YrNc3MoA
3133EACJ5 FFCB 1.5YrNc3MoA
3133EAKT4 FFCB 1.75Yr
3133EANJ3 FFCB 3Yr
3133EAPK8 FFCB 16MoNc3MoA
3133EASH2 FFCB1Yr
3133EATQ1 FFCB 1 Yr
' . '<<:~:> :~ .~·
FMAC DISC NOTES
31315KZFO FMAC DISC NOTE
FARMER MAC
31315PVUO
31315PVUO
31315PVUO
31315PSH3
FARMER MAC GTD
FARMER MAC GTD
FARMER MAC GTD
FARMER MAC GTD
MUNJBONDS
041042RKO ARKANSAS ST
649791EB2 STATEOFNEWYORK
677521LG9 OHIOSTATEGO
677521LH7 OHIOSTATEGO
880541QG5 STATEOFTENNESSEE
6S608UNXO OREGON STATE
68608UNZ5 OREGON STATE
56052AXC5 MAIN ST GO
5946107P6 1vliCHIGAN ST GO
20772JEDO CONNECTICUTST
20772JEE8 CONNECTICUT ST
20772JEC2 CONNECTICUT ST
56052AXC5 MAIN ST GO
56052AXE1 MAIN ST GO
COMMPAPER
36959HJ57 GE CAPITAL CORP
36959HG92 GE CAPITAL CORP
36959HGG6 GE CAPITAL CORP
36959H LE5 GE CAPITAL CORP
06/03/2013
11/02/2012
12/23/2013
12/23/2013
07/10/2012
07/10/2012
12/23/2013
09/23/2013
04/07/2014
04/20/2016
08/20/2012
01/07/2013
11/20/2013
12/03/2012
12/03/2012
11/18/2013
09/23/2013
10/03/2013
11/23/2012
11/07/2014
11/07/2014
01/03/2014
08/07/2013
02/21/2014
12/23/2013
03/16/2015
11/18/2013
04/16/2013
04/16/2013
08/07/2013
08/07/2013
12/23/2013
05/01/2015
09/09/2013
06/04/2013
06/11/2013
05/10/2013
05/10/2013
05/10/2013
04/25/2013
07/01/2012
09/01/2012
05/0l/2013
05/01/2014
08/01/2012
11/01/2013
05/01/2013
06/01/2013
05/15/2013
04/15/2014
04/15/2015
04/15/2013
06/01/2013
06 01 2013
09/05/2012
07/09/2012
07/16/2012
11/14/2012
1600 .752
.400 .540
1.300 1.300
1.300 1.300
.500 .500
.500 .500
1.300 1.184
.980 1.029
1.400 1.400
.314 .327
.250 .250
.400 400
.625 .700
.350 .376
350 .340
.500 .522
.350 .400
.350 .400
.240 .254
.850 .850
.850 .850
.400 .420
.180 .240
.330 .380
.470 .471
.520 .598
.300 .300
.220 .228
.220 .253
.180 .302
.180 .271
.300 .302
.500 .520
.270 .270
.220 .233
.220 .228
.210 .210
10,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
10,000,000.00
9,205,000.00
5,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
20,000,000.00
5,000,000.00
5,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
10,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
6,000,000.00
5,000,000.00
5,000,000.00
2,000,000.00
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
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
10,211,890.00
9,972,900.00
5,000,000.00
5,000,000.00
10,000,000.00
9,205,000.00
5,015,550.00
9,988,000.00
10,000,000.00
9,995,000.00
20,000,000.00
5,000,000.00
4,991,100.00
9,996,600.00
5,000,650.00
4,997,500.00
9,990,100.00
4,995,050.00
4,999,200.00
5,000,000.00
5,000,000.00
5,997,600.00
4,995,500.00
4,995,000.00
1,999,980.00
4,988,430.00
5,000,000.00
4,999,600.00
4,998,337.45
9,984,000.00
4,994,100.00
9,999,600.00
4,997,000.00
5,000,000.00
4,999,350.00
4,999,600.00
8,000,000.00 7,982,966.67
.760
.760
.760
.400
.760 5,000,000.00 5,000,000.00
5,000,000.00
12,502,375.00
15,000,000.00
.760 5,000,000.00
.750 12,500,000.00
.400 15,000,000.00
1.250 1.240
.650 .650
.740 .740
1.190 1.190
.500 .301
.480 .480
.380 .380
2.000 .401
.450 .450
.448 .448
.672 .672
.250 .284
2.000
.330 .331
.150 .150
1,440,000.00 1,440,273.60
23,040,000.00 23,040,000.00
5,140,000.00 5,140,000.00
2,000,000.00 2,000,000.00
6,265,000.00 6,274,522.80
3,595,000.00 3,595,000.00
6,565,000.00 6,565,000.00
1,500,000.00 1,526,895.00
4,285,000.00 4,285,000.00
2,000,000.00 2,000,000.00
2,000,000.00 2,000,000.00
8,300,000.00 8,297,261.00
3,500,000.00 3,556,980.00
6 630 000.00 6 669 647.40
76,260,11iltloo · ::'t:li£~£00fi7t\1lll
34,941,287.50
34,986,875.00
101.187500 10,118,750.00
100.093750 10,009,375.00
101.437500 5,071,875.00
101.437500 5,071,875.00
100.000000 10,000,000.00
100.000000 9,205,000.00
101.437500 5,071,875.00
100.812500 10,081,250.00
101.843750 10,184,375.00
100.187500 10,018,750.00
100.000000 20,000,000.00
100.093750 5,004,687.50
100.406250 5,020,312.50
100.062500 10,006,250.00
100.062500 5,003,125.00
100.000000 5,000,000.00
100.031250 10,003,125.00
100.031250 5,001,562.50
100.031250 5,001,562.50
100.187500 5,009,375.00
100.187500 5,009,375.00
100.093750 6,005,625.00
99.843750 4,992,187.50
99.968750 4,998,437.50
100.000000 2,000,000.00
100.031250 5,001,562.50
99.968750 4,998,437.50
99.937500 4,996,875.00
99.937500 4,996,875.00
99.843750 9,984,375.00
99.843750 4,992,187.50
99.968750 9,996,875.00
99.906250 4,995,312.50
99.937500 4,996,875.00
99.906250 4,995,312.50
99.906250 4,995,312.50
(93,140.00) .918
36,475.00 .341
71,875.00 1.461
71,875.00 1.461
.027
.027
56,325.00 1.462
93,250.00 1.217
184,375.00 1.737
23,750.00 3.784
.139
4,687.50 .517
29,212.50 1.379
9,650.00 .426
2,475.00 .426
2,500.00 1.376
13,025.00 1.225
6,512.50 1.253
4362.50 .399
9,375.00 2.322
9,375.00 2.322
8,025.00 1.499
(3,312.50) 1.101
3,437.50 1.634
20.00 1.474
13,132.50 2.684
(1 ,562.50) 1.380
(2,725.00) .793
(1,462.45) .793
375.00 1.101
(1,912.50) 1.101
(2,725.00) 1.477
(1,687.50) 2.810
(3, 125.00) 1.188
(4,037.50) .926
(4,287.50) .946
100.000000 8,000,000.00 17,033.33 .030
100.000000.
100.218750
100.218750
100.218750
100.093750
100.168780
100.019000
100.000000
100.000000
100.000000
100.152000
100.000000
100.000000
101.793000
100.000000
100.000000
100.000000
99.967000
101.628000
100.598000
100.1712311' .
99.939500
99.994444
.O:lll
5,010,937.50 10,937.50 .856
5,010,937.50 10,937.50 .856
12,527,343.75 24,968.75 .856
15,D14,Q62.50 14,062.50 .817
1,440,273.60
23,040,000.00
5,140,000.00
2,000,000.00
6,274,522.80
3,595,000.00
6,565,000.00
1,526,895.00
4,285,000.00
2,000,000.00
2,000,000.00
8,297,261 .00
3,556,980.00
6 669 647.40
: 76,3!10~,
34,978,825.00
34,998,055.56
37,537.50
11,180.56
.003
.172
.831
1.808
.087
1.331
.834
.913
.872
1.781
2.758
.790
.913
.915
.691
.183
.025
.926
.342
1.482
1.482
.027
.027
1.482
1.233
1.770
3.808
.140
.523
1.392
.427
.427
1.386
1.233
1.260
.400
2.356
2.356
1.512
1.104
1.647
1.482
2.710
1.386
.795
.795
1.104
1.104
1.482
2.836
1.195
.929
.948
.030
Jl30
.860
.860
.860
.819
.003
.173
.836
1.836
.088
1.340
.836
.921
.874
1.792
2.792
.792
.921
.921
1195
.184
.025
.170 .170
35,000,000.00
35,000,000.00
20,000,000.00
50,000,000.00
19,991,500.00 99.989583 19,997,916.67 6,416.67 .044 .044
.320 .321 49,918,666.67 99.784667 49,892,333.33 (26,333.34) .374 .375
RIVERISIDE COUNTY TREASURER-TAX COLLECfOR 23 12
24
Full Compliance
The Treasurer's Pooled Investment Fund was in FULL
COMPLIANCE with the Treasurer's Statement of Investment Policy.
The County's Investment Policy is more restrictive than the California
Government Code. This policy is reviewed annually by the County's
Investment Oversight Committee and approved by the County Board
of Supervisors. -
Investment Category
MUNICIPAL BONDS .
(MUNI)
U.S. TREASURIES 5 YEARS NO LIMIT
LOCAL AGENCY 5 YEARS NO LIMIT
OBLIGATIONS (LAO)
FEDERAL AGENCIES 5 YEARS NO LIMIT
COMMERCIAL 270 DAYS 40%
PAPER(CP)
CERTIFICATE & TIME 5 YEARS 30%
DEPOSITS (NCD &
TCD)
REPURCHASE
AGREEMENTS
{REPO)
REVERSE REPOS
MEDIUM TERM
NOTES (MTNO)
CAL TRUST SHORT
TERM FUND
MONEY MARKET
MUTUAL FUNDS
(MMF)
LOCAL AGENCY
INVESTMENT FUND
(LA IF)
CASH/DEPOSIT
ACCOUNT
1 YEARS NO LIMIT
92 DAYS 20%
5YEARS 30%
NA NA
60DAYs<tl 20%
NA NA
NA
NA
AAA
A1/P1
NA
NA
NA
A
NA
AAA/Aaa
(2)
NA
NA
Quality
Maximum Authorized S&P j
Maturity %Limit Moody's
3YEARS 15% AA-
/Aa3/AA.:.
5 YEARS 100% NA
3YEARS 2.5% INVEST ME
NT GRADE
5 YEARS 100% NA
270DAYS 40% A1/P1/F1
1 YEAR 25% A1/P1/F1
Combined
45DAYS 40% max; A1/P1/F1
25% in term
repoover 7
60 DAYS 10% NA
3YEARS 20% AA/Aa2/
AA
DAILY 1.0% NA
LIQUIDITY
DAILY 20% AAAby2
LIQUIDITY 0£3
RATINGS
DAILY Max $50 NA
LIQUIDITY million
NA NA NA
1 Mutual Funds maturih; may be interpreted as ·weighted average nzaturihj not exceeding 60 days.
3.56%
CHll%
85.11%
3.01%
0.00%
1.72%
0.00%
0.00%
1.16%
0.22%>'
1.08%
2.48%
THIS COMPLETES THE REPORT REQUIREMENTS OF CALIFORNIA GOVERNMENT CODE 53646
RIVERSIDE COUNTY TREASURER-TAX COLLECTOR
25
13
County of Riverside
Treasurer-Tax Collector
Capital Markets
4080 Lemon Street, 4th Floor
Riverside, CA 92502-2205
www. treasurer-tax.co.riverside.ca. us
(951) 955-3967
26
AGENDA ITEM 9
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: August 27, 2012
TO: Budget and Implementation Committee
FROM: Marla Modell, Procurement Administrator
Matt Wallace, Procurement Manager
THROUGH: Theresia Trevino, Chief Financial Officer
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 fourth quarter
ended June 30, 2012; and
2) Forward to the Commission for final action.
BACKGROUNDINFORMA T/ON:
Certain contracts are executed under single signature authority as permitted under:
• Resolution No. 98-013, which authorizes the Executive Director to sign
professional services and administrative contracts in an aggregate amount
not to exceed $500,000 in any given fiscal year; and
• Public Utilities Code Section 1 30323(c), which authorizes the Executive
Director to sign public works contracts.
The attached report details all contracts that have been executed for the fourth
quarter ended June 30, 2012, under the single signature authority granted to the
Executive Director. The unused capacity of single signature authority under
Resolution No. 98-013 at June 30, 2012, is $140,099.
Attachment: Single Signature Authority Report as of June 30, 2012.
Agenda item 9
27
CONSULTANT Agreements that fall under Resolution No. 98-013 AMOUNT AVAILABLE July 1, 2011 Transportation Management & Design, Inc. Joanna Capelle GCAP Services, Inc. MK Consulting Beacon Economics Paul Blackwelder Southstar Engineering & Consulting Gresham Savage Nolan & Tilden David' J:varts & Associates, Inc. AfvardoSmith HDR Engineering, Inc $C Engineering County of Riverside, Employee Assistance Service Department Engineering Resources AMOUNT USED AMOUNT REMAINING Agreements that fall under Public Utilities Code 130323 (C) MGB Construction Elrod Fence Elrod Fence Econo Fence Elrod Fence Elrod Fence Advantage Unlimited Environmental Solutions, Inc AMOUNT USED Matt Wallace -p·,epan:~d by SINGLE SIGNATURE AUTHORITY AS OF June 30, 2012 DESCRIPTION OF SERVICES Strategic Analysis Services-Support SR-91 CIP Project Grant Funding Consulting Services Disadvantaged Business Enterprise Consulting Services Rideshare Incentive Program Analysis & Development Services Sales Tax Reveune Projections TUMF Consulting Services ROW Management Support Services Legal Services for RCA Agreement Amendment No.4 • Construction Support for the SR·7411-215 Interchange Project. Legal Services Assistance on the SR79 Realignment Environmental Documents Right of Way Engineertng Serivces for the SR74 Seg H Project Amendment No. 6 .. Ernployee Assistance Services Agreement Relocation of Ticket Vending Machine Asphalt Repair Services Install chain link fence Pedley Station. Install chain link fence with wrought iron-Corona Station. Install chain link fence and gate posts-La Sierra Install fence located at the north end of the planter-NMC. Install chain link fence Pedley Station. Downtown Riverside Station Crack Seal Project Theres1a Trevino Reviewed· by Note:· Shaded area represents new contracts listed In the fourth quarter. 28 ORIGINAL CONTRACT AMOUNT 500,000.00 35,000.00 6,500.00 20,000.00 10,000.00 18,000.00 40,000.00 50,000.00 5,000.00 50,000.00 50,000,00 15,000.00 27,574.00 1,867.20 30,960,00 359,901.20 140,098.80 3,685.00 5,889.00 16,350.00 12,146.00 10,452.00 1,697.00 12,735.00 $ 62 954.00 PAID AMOUNT 25,147.70 4,160.00 10,881.25 7,242.76 10,000.00 9,408.00 49,830.00 2,800.00 34,120.31 3,025.36 156,615.38 3,685.00 5,889.00 16,350.00 12,146.00 10,452.00 1,697.00 REMAINING CONTRACT AMOUNT 9,852.30 2,340.00 9,118.75 2,757.24 8,000.00 30,592.00 170.00 2,200.00 50,000.00 15,879.69 11,974.64 27,574.00 1,867.20 30,960.00 203,285.82 12,735.00 V 12012109 SeptemberiBudget & lmplementation19.MM Comm.Att1.04SingleSign.xlsx
-----~
AGENDA ITEM 1 0
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: August 27, 2012
TO: Budget and Implementation Committee
FROM: Theresia Trevino, Chief Financial Officer
THROUGH: John Standiford, Deputy Executive Director
SUBJECT: Quarterly Sales Tax Analysis
STAFF RECOMMENDA T/ON:
This item is for the Committee to:
1) Receive and file the sales tax analysis for Quarter 1 (Q 1) 2012; 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. 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 that have been generated and submitted to the
State Board of Equalization (SBOE) for review and determination of errors in sales
tax reporting related to 227 businesses. Through Q1 2012 for January through
March 2012, the SBOE has approved corrections for 166 of these accounts for a
total sales tax revenue recovery of $2,217,831. If the SBOE concurs with the
error(s) for the remaining claims, the Commission would 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 first quarter of calendar year 2012 for January through
March 2012 (Q1 2012). Most of the Q1 2012 Measure A sales tax revenues were
received by the Commission in the second quarter of calendar 2012, during April
through June 2012, due to a lag in the sales tax calendar. The summary section of
the Q 1 2012 report is attached and includes an overview of California sales tax
receipts, local results, historical cash collections analysis, summary of the top 25
Agenda Item 1 0
29
sales tax contributors, historical sales tax amounts, sales tax by business category,
economic trends for significant business category (general retail), and results. The
following observations were noted in the 01 2012 report:
• Sales tax receipts for Riverside County were 7. 7 percent higher compared to
the 01 2011, and slightly lower than the state. This supports the previous
quarterly reports' analyses that an economic recovery statewide and locally
is occurring; however, the Commission should continue to be cautious as
service stations is one of the top three economic segments throughout the
state leading this recovery. A significant portion of this growth is
attributable to the high fuel prices.
• Taxable transactions for the top 25 tax contributors in Riverside County,
which generated 23 percent of the taxable sales for the year ended
01 2012, were comparable to the year ended 01 2011. The top 100 tax
contributors generated 37 percent of the taxable sales in 01 2012 and 01
2011.
• For the fifth consecutive period, all economic categories experienced
increases in the 01 2012 benchmark year comparison to 01 2011.
Transportation had the largest increase at 16 percent, which was primarily
related to an increase in the service station and auto sales-new segments.
The remaining five economic categories had increases ranging from 3.3
percent to 8 percent.
RCTC
BENCHMARK YEAR 2012Ql COMPARED TO BENCHMARK YEAR 2011Ql
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
Agenda Item 1 0
30
" E i g h t o f t h e t o p t e n s e g m e n t s ( s e r v i c e s t a t i o n s , d e p a r t m e n t s t o r e s ,
r e s t a u r a n t s , a u t o s a l e s - n e w , m i s c e l l a n e o u s r e t a i l , a p p a r e l s t o r e s , f o o d
m a r k e t s , a n d l i g h t i n d u s t r y ) s a l e s t a x e s r e a c h e d a n e w h i g h p o i n t d u r i n g Q 1
2 0 1 2 . T h e s e e i g h t s e g m e n t s r e p r e s e n t 6 6 p e r c e n t o f t h e t o t a l s a l e s t a x
r e c e i p t s .
" S e r v i c e s t a t i o n s , d e p a r t m e n t s t o r e s , a n d r e s t a u r a n t s c o n t i n u e t o r e p r e s e n t
t h e t h r e e l a r g e s t e c o n o m i c s e g m e n t s f o r R i v e r s i d e C o u n t y , o r 3 5 p e r c e n t o f
t o t a l s a l e s t a x e s , w h i c h i s c o m p a r a b l e t o t h e Q 4 2 0 1 1 b e n c h m a r k y e a r .
A u t o s a l e s - n e w r e p r e s e n t s t h e f o u r t h l a r g e s t e c o n o m i c s e g m e n t a t
9 . 4 p e r c e n t o f t o t a l s a l e s t a x e s , w h i c h i s a l s o c o m p a r a b l e t o t h e Q 4 2 0 1 1
b e n c h m a r k y e a r .
D u r i n g t h e r e v i e w o f t h e Q 1 2 0 1 2 d e t a i l e d r e p o r t w i t h M u n i S e r v i c e s , i n f o r m a t i o n
r e g a r d i n g s a l e s t a x c o m p a r i s o n s b y c i t y a n d c h a n g e b y e c o n o m i c c a t e g o r y f r o m
Q 1 2 0 1 1 t o Q 1 2 0 1 2 w a s p r o v i d e d , a n d i s a t t a c h e d . N e w l y i n c o r p o r a t e d c i t i e s
s u c h a s E a s t v a l e a n d J u r u p a V a l l e y w i l l b e l i s t e d w h e n s u f f i c i e n t c o m p a r a t i v e
i n f o r m a t i o n i s a v a i l a b l e .
S t a f f c o n t i n u e s t o m o n i t o r m o n t h l y s a l e s t a x r e c e i p t s a n d o t h e r a v a i l a b l e e c o n o m i c
d a t a t o d e t e r m i n e t h e n e e d f o r a n y a d j u s t m e n t t o t h e r e v e n u e p r o j e c t i o n s . S t a f f
w i l l u t i l i z e t h e f o r e c a s t s c e n a r i o s i n c l u d e d w i t h t h e c o m p l e t e r e p o r t a n d r e c e n t
t r e n d s i n a s s e s s i n g s u c h p r o j e c t i o n s .
A t t a c h m e n t s :
1 ) S a l e s T a x A n a l y s i s Q 1 2 0 1 2
2 ) S a l e s T a x C o m p a r i s o n b y C i t y f o r Q 1 2 0 1 1 t o Q 1 2 0 1 2
A g e n d a I t e m 1 0
3 1
ATTACHMENT 1
Riverside County Transportation Commission
Sales Tax Digest Summary
Collections through June 2012
Sales through March 2012 (2012Q1)
CALIFORNIA'S ECONOMIC OUTLOOK
For the 1st Quarter of 2012, overall California sales tax receipts increased by 9.3% over the same quarter
from the previous year, with Northern California reporting an 9.7% increase compared to 9.1% for
Southern California. Receipts for the Riverside County Transportation Commission changed by 7.7% over
the same periods.
A statewide look at economic performance reveals upward movement in the five largest economic
categories. Construction and Business to Business are at a three-year high. Transportation and General
Retail are at a four-year high. Food Products are at a five-year high. While the improvement shows
positive signs, California is still a long way from a full recovery. Tepid job growth and persistently high
unemployment will cause the economy to drag over the next three to four years.
LOCAL RESULTS
Net Cash Receipts Analysis
Local Collections
Share of County Pool 0.0%
Share of State Pool 0.0%
SSE Net Collections
Less: Amount Due County 0.0%
Less: Cost of Administration
Net 1Q2012 Receipts
Net 1Q2011 Receipts
Actual Percentage Change
Business Activity Performance Analysis
Local Collections
Less: Payments for Prior Periods
Preliminary 1Q2012 Collections
Projected 1Q2012 Late Payments
Projected 1Q2012 Final Results
Actuai1Q2011 Results
Projected Percentage Change
www.MuniServices.com (BOO} 800-8181
32
$33,386,443
0
0
33,386,443
.00
(299,350)
33,087,093
30,718,317
7.7%
$33,386,443
(1,504,195)
31,882,248
1,577,125
33,459,373
31,200,015
7.2%
Pagel
Riverside County Transportation Commission
HISTORICAL CASH COLLECTIONS ANAL VSIS BY QUARTER
$30,000
.. $25,000
u ..
1>: $20,000
~ $15,000
Sl 0,000
$5,0 0 0
$0
(io thousands of$)
4Q20091Q20l0 2Q2010 3Q2010 4Q2010 1Q20ll 2Q20113Q20ll 4Q20111Q20l2
-Net Receipts ....,..SBOE Admin Fees Due
TOP 25 SALES/USE TAX CONTRIBUTORS
$300
$250 '"'
" $2 00 --
Si
$150 <
$100
$50
$0
The following list identifies Rete's Top 25 Sales/Use Tax contributors. The list is in alphabetical order and
represents sales from April 2011 to March 2012. The Top 25 Sales/Use Tax contributors generate 22.6%
of Rete's total sales and use tax revenue.
BEST BUY STORES
CARMAX THE AUTO SUPERSTORE
CHEVRON SERVICE STATIONS
CIRCLE K FOOD STORES
COSTCO WHOLESALE
DEPT OF MOTOR VEHICLES
DESERT SUNLIGHT
HOME DEPOT
K MART STORES
KOHL'S DEPARTMENT STORES
LOWE'S HOME IMPROVEMENT
MACY'S DEPARTMENT STORE
RALPH'S GROCERY
www.MuniServices.com
RITE AID DRUG STORES
ROSS STORES
SAM'S CLUB
SEARS ROEBUCK & COMPANY
SHELL SERVICE STATIONS
STATER BROS MARKETS
TARGET STORES
VERIZON WIRELESS
VONS SERVICE STATIONS
W.W. GRAINGER
WAL MART STORES
WALGREEN'S DRUG STORES
(BOO) 800-8181
33
Page2
Riverside County Transportation Commission
HISTORICAL SALES TAX AMOUNTS
The following chart shows the sales tax level from sales through March 2012, the highs, and the lows for
each segment over the last two years.
$18,000
$16,000
$14,000
$12,000
$10,000
$8,000
$6,000
$4,000
$2,000
$0
~., ,+"'" ~~ ~:<. ~"'"" ~~
(io t•ou sands of$)
... ~~ ... :<."' + .. ~0
~ .. ~.,, ~~
<."' "'0 "'"' ~~ ~ ~~ ~~ + ~~ ~0 ~ ~~ ~~ ""'"' ... ~
+'"" ~
ANNUAL SALES TAX BY BUSINESS CATEGORY
(ia ••ousands of$)
IQ2012
4Q2011
3 Q 2 0 I I
2 Q 2 0 I I
I Q 2 0 II
4Q2010
3Q2010
2Q2010
I Q 2 0 I 0
4Q2009
so s 2 0 ,0 0 0 $40,000 $61J>,000 $80,000
*"' ... -~:<.· ~"" ~., ~"' ~:<. ~~ of ~~ ~~ ~
-~ of~ 00 ~ v" ... ~ ~
$1 0 0 ,0 0 0 $120,000 $1 4 0 ,0 0 0
~~--~~~~~~~~--~~------~----------·~~~~---=~~~~~~~----~ •General Retail •Food Products DTransportacio• •c_onstructioo •Busioes' To Busioess •M iscellaoeous
www.MuniServices.com (800) 800-8181 Page3
34
Riverside County Transportation Commission
FIVE-YEAR ECONOMIC TREND: Construction
(in thousands of$)
$7,000 .--------------------------------------------------------------------,
$6,0 00
$5,000
$4 ,o 00
$3,0 00
$2 ,o 00
$ J ,0 00
so
FINAL RESULTS: October-December 2011 Sales
local Net Cash Collections
less: Pool Amounts
less: Prior Quarter Payments
Add: late Payments
local Net Economic Collections after Adjustments
Percent Change from October-December 2010 Sales
MUNISERVICES'. ON-GOING AUDIT RESULTS
This Quarter $205,345
Total to Date $1,695,732
www.MuniServices.com {800) 800-8181
35
$35,398,462
($-329,200)
($1,201,117)
$994,211
$35,520,756
UP BY 11.0%
Page4
ATTACHMENT 2 36 MuniServices, LLC
AGENDA ITEM 11
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: August 27, 2012
TO: Budget and Implementation Committee
FROM: Shirley Medina, Programming and Planning Manager
THROUGH: Cathy Bechtel, Project Development Director
Fiscal Year 2012/13 Annual Local Transportation Fund Planning
SUBJECT: Allocations to Western Riverside Council of Governments and
Coachella Valley Association of Governments
STAFF RECOMMENDATION:
This item is for the Committee to:
1) Approve an allocation of Local Transportation Fund (L TF) Planning funds in
the amount of $503,250 to the Western Riverside Council of Governments
(WRCOG) and $274,500 to the Coachella Valley Association of
Governments (CVAG) to support transportation planning programs and
functions as identified in each agency's FY 2012/13 L TF Program
Objectives/Work Plan (Work Plan); and
2) Forward to the Commission for final action.
BACKGROUND INFORMATION:
Pursuant to section 99233.2 of the Transportation Development Act (TDA), code
of regulations, up to three percent of the annual L TF revenues shall be allocated for
transportation planning and programming purposes. The TDA also requires one half
of these L TF funds to be allocated for planning activities within the Western
Riverside County and the Coachella Valley areas as determined by the Commission.
WRCOG submitted its Work Plan that identifies two key program areas -
planning and energy/environment programs and regional transportation programs,
consisting of:
1) Planning;
2) Air quality, energy efficiency and sustainability;
3) Transportation uniform mitigation fee;
4) Caltrans;
5) Riverside County Transportation Commission programs; and
6) Miscellaneous and geographic information system.
Agenda Item 11
37
CVAG submitted its Work Plan that identifies eight program areas including:
1) Transportation department operations;
2) Project management and contract administration;
3) Riverside County Transportation Commission programs;
4) Planning, programming, and monitoring program;
5) Miscellaneous programs;
6) Congestion management/air quality programs;
7) Transportation uniform mitigation fee program; and
8) Governmental and special projects.
Staff reviewed the work plans and found them consistent with the Commission's
overall transportation programming and planning objectives. The amounts of L TF
funding available to WRCOG ($503,250) and CVAG ($274,500) are included in the
Commission's FY 2012/13 budget.
Financial Information
In Fiscal Year Budget: I Yes I Year: I FY 2012/13 Amount: I $ 777J50
Source of Funds: I LTF funds Budget Adjustment: I No
GL!Project Accounting No.: 002210 86205 106 65 86205
Fiscal Procedures Approved: ~~ I Date: I 08!15/2012
Attachments:
1) WRCOG FY 2012/13 LTF Program Objectives/Work Plan
2) CVAG FY 2012/13 L TF Program Objectives/Work Plan
Agenda Item 11
38
WRCOG
Fiscal Year 2012/2013
Local Transportation Funds Program Objectives
The Work Plan for FY 2013 is divided into two program areas:
1. Planning Programs and Energy/Environment Programs
California Air Resources Board
Department of Energy (DOE) and California Energy Commission
South Coast Air Quality Management District (SCAQMD)
Southern California Edison
Southern California Associations of Governments
Strategic Growth Council
CAL COG
Planning:
ATTACHMENT 1
This program includes the following activities: staff time to complete the Sub
Regional Sustainability Framework in conjunction with a grant from the California
Air Resources Board; staff time to develop a Sub Regional Climate Action Plan in
conjunction with a three year grant from the Strategic Growth Council, continued
participation with SCAG and other regional planning agencies; and continued
support for the WRCOG Planning Directors TAC to review, analyze and make
recommendations to the WRCOG Executive Committee on the sub regional
growth forecast, the regional Housing Needs Assessment, the Regional
Transportation Plan and legislation that will impact/assist the implementation of
AB 32 and SB 375.
Air Quality, Energy Efficiency and Sustainability:
These programs include staff time for: continued participation on the Air Quality
Management Plan Advisory Committee for the development of the 2012 Air
Quality management Plan, continued participation on the advisory committee for
the High Cube Warehouse emissions analysis, support WRCOG Clean Cities
and programs that WRCOG has developed to reduce emissions through energy
efficiency and water conservation; continued participation in the National Clean
Cities Program; assist in the purchase of alternative fuel vehicles and the
development of the supporting infrastructure; review and analyze state and
federal legislation. Continue tracking and participation in energy efficiency
legislation; continued participation in regional air quality meetings and in EPA
and Air Resources Board hearings; and to provide outreach to our jurisdictions
regarding SCAQMD rule making;
: .~· ·.i ::_Q~_:).:}"I~ .;:r·>
; ~ i -~ (;c,·
39
2. Regional Transportation Programs
Riverside County Transportation Commission
Riverside Transit Agency (RTA)
Caltrans
Southern California Association of Governments
CAL COG
TUMF:
This program includes staff time to administer the TUMF Program which includes
but is not limited to: program contract/agreement administration; public
outreach/information; the Annual Report; signage program TUMF Zone TIP
development and amendments; prepare the annual audit; preparation of annual
adjustment for construction costs; maintain TUMF data base of fee collections
and disbursements; work with developers on credit and reimbursement
agreements; develop and maintain a GIS database to support the Program.
Caltrans:
Staff time to manage the Jefferson Avenue Multi-Jurisdiction Corridor Study
Caltrans grant on behalf of the cities of Temecula (lead agency), Murrieta,
Wildomar, and Lake Elsinore.
Riverside Transportation Commission Programs:
These programs include staff time and project management to assist in
transportation planning and air quality programs to include: participation in TUMF
Program tasks as needed to assist RCTC in the implementation of the Regional
TUMF Program; participate in evaluation committees as requested; and other
planning related tasks as determined . in consultation with the RCTC Executive
Director.
Miscellaneous and GIS:
This Program includes staff time and project management to: cooperate with the
County of Riverside and the RCA, participate with the local jurisdictions and
regional partners GIS coverage analysis; develop databases and provide
analysis and mapping to support RCTC's rail, STIP, TUMF and transit programs
and projects; provide land use, population and employment and other GIS
information to local and regional agencies, Caltrans, and other state agencies;
legislative review and analysis.
_-,.;_,~J:J·._ itTr~·~-,-;-_~ ··-;;_tl ,;·!: .. ,-~-~(-.': ·q--
.:r·.
40
CVAG
TRANSPORTATION DEPARTMENT
PROGRAM GOALS AND OBJECTIVES
FISCAL YEAR 2012/13
The Work Plan for 2012/13 is separated into eight main program areas:
1) Transportation Department Operations
• Transportation Program Administration
ATTACHMENT 2
• Implementation of Transportation Project Prioritization Study (TPPS)
• Capital Improvement Program (CIP) Update
• Other Transportation Planning
• Operations Management and Administration
This program area performs primarily administrative functions which consist of general
transportation program administrative activities and various transportation planning
duties in support of the Transportation Department.
(Funded from Measure A and TUMF)
2) Project Management and Contract Administration
• Financial Cash Flow
• Project Status Tracking
• Preparation and Monitoring of Agreements
• Pathway lell
Includes staff time to conduct project oversight (design, environmental, construction and
close-out), preparation of reimbursement agreements for regional arterial projects, review
and approval of project billings in accordance with project scope of work and
participation in project development team meetings and associated staff reports.
(Funded from Measure A, TUMF, LTF and Special Program Funds)
3) Riverside County Transportation Commission (RCTC) Programs
• State Highway Routes in the Coachella Valley
• Congestion Management Program/System (CMP/CMS)
• RCTC Technical Advisory Committee
Includes staff time to support the Riverside County Congestion Management Program
through building permit analysis of the one non-TUMF jurisdiction; analysis of traffic
patterns through the traffic count program; provide RCTC staff regional transportation
project information for the State Regional Transportation Improvement Program (RTIP);
support the RCTC Technical Advisory Committee.
(Funded from LTF and TUMF)
41
TUMF appeals, to enter TUMF collections in the TUMF data base, to meet with
developers on request to review potential TUMF assessments, and to perform special
TUMF analysis on request. The TUMF/GIS Interface program requires support for
continuing the development of integrating the TUMF collection process with
electronic transmission of new development information for land use coverages.
(FundedjromTUA1F)
8) Governmental and Special Projects
• Southern California Association of Governments (SCAG) Overall Work
Program
The SCAG OWP program includes staff time to coordinate the CV AG sub-region
SCAG Overall Work Program needs, develop annual growth projections, collect
annual Highway Performance Monitoring System data, provide input to the
Federal Regional Transportation Plan, and assist SCAG with transportation
modeling refinements. Additionally, staff performs specific transportation project
work for SCAG through their Overall Work Program.
(Funded }rom Special Program Funds)
• Special Projects
Some proposed projects may involve general fund money or special grants. Any
project not already a part of the regular work programs, will be brought through
the committee process for approval of the proposed work.
(Funded from Special Grant funds)
42
AGENDA ITEM 12
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: August 27, 2012
TO: Budget and Implementation Committee
FROM: Henry Nickel, Staff Analyst
Sheldon Peterson, Rail Manager
THROUGH: Robert Yates, Multimodal Services Director
SUBJECT: Interagency Fixed Route Transfer Agreement between Sun line
Transit Agency, the Commission, and Metrolink
STAFF RECOMMENDATION:
This item is for the Committee to:
1) Approve Agreement No. 13-25-009-00 with Sunline Transit Agency
(Sunline) and the Southern California Regional Rail Authority (SCRRA) for
fixed route transfers;
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 INFORMA T/ON:
The Commission's role facilitating interconnectivity between Metrolink and
connecting transit services is essential to ongoing viability of Riverside County's
transit system. Such services address the needs of transit dependent riders as well
as help mitigate congestion and the necessity for expensive parking capacity at the
Commission stations. The Commission seeks to improve the efficiency and
effectiveness of transit connections throughout Riverside County.
Public Utilities Code Section 130262 requires coordinated public transit services for
the benefit of the public. In order to meet such requirements, the Commission
works with transit operators to offer connecting services to and from Riverside
County Commuter Rail stations at no cost for those with valid Metrolink tickets.
Within Riverside County, services include free transfers between fixed route
operators upon presentation of a valid Metrolink fare. The Commission and SCRRA
share in subsidizing the cost of such transfers.
Agenda Item 12
43
In order to extend transit connectivity between Metrolink and the Coachella Valley,
the Commission negotiated an interagency transfer agreement with Sunline. This
agreement provides free connection to the Riverside Downtown Station via the
Line 220 service.
Sunline will operate two commuter express buses from the Palm Desert Mall near
Interstate 10. Intermediate stops include the Morongo Casino/Cabazon Outlets,
Beaumont, Banning, Moreno Valley (2 stops), and Downtown Riverside according
to the following schedule:
Westbound
Palm Banning
0(),~l!rt Thousan(J; .. Morongo Ramsey ;'<~~II Palmsi\F Casino & Sunset
Beaumont-.~E~s~n &
GitY Hall :..·• ';c.Ftr
4:55 AM 5:07 5:41 5:53 6:01 6:21 6:36 7:06 7:19
5:52 AM 6:04 6:38 6:50 6:58 7:18 7:33 7:48 8:06 8:19
.. .. . Downt~~~ D~~mown
:Riverside Moreno Banning
\·::'••Transit Valley Nason & Ramsey Morongo Tho~~ and
;··Terminal Mall Fir . & Sunset Casino . Palms
5:19 PM 5:29 5:43 5:58 6:10 6:30 6:38 6:50 7:22 7:34
6:35 PM 6:45 6:59 7:14 7:26 7:46 7:54 8:06 8:38 8:50
Sunline will honor valid Metrolink fare media for a single local boarding within the
base zone for Line 220 bus stops between Riverside and the Morongo Casino from
one hour before to one hour after Metrolink' s service hours, in the same direction
of travel. A further base fee of $3.00 per fare will be charged to Metrolink valid
fare holders wishing to ride Line 220 to or from Coachella Valley. A preliminary
estimate of the Commission's share of the subsidy for FY 2012/13 is $26,800,
which is included in the FY 2012/13 budget.
The proposed agreement is not federally funded and a procurement process is not
warranted. Therefore, the Commission may enter into the proposed agreement
based on the findings above.
Agenda Item 12
44
I Financial Information I
In Fiscal Year Budget: I Yes I I FY2012/13 Amount: I $ 26,800
N/A Year: FY 2013114+ TBD
Source of Funds: I Local Transportation Fund funds Budget Adjustment: I No
N/A
GL!Project Accounting No.: 004014 86101 103 25 86101
Fiscal Procedures Approved: ~~ I Date: I 08/15/2012
Attachment: Interagency Fixed Route Transfer Agreement
Agenda Item 12
45
INTERAGENCY FIXED ROUTE TRANSFER AGREEMENT
THIS-l\J.€.W-INTERAGENCY FIXED ROUTE TRANSFER AGREEMENT DATED AS OF__}__} __
(AGREEMENT) IS BETWEEN THE SUNLINE TRANSIT AGENCY, RIVERSIDE COUNTY
TRANSPORTATION COMMISSION ("RCTC~, AND THE SOUTHERN CALIFORNIA REGIONAL RAIL
AUTHORITY C.SCRRA~ OR ~METROLINKJ.
WHEREAS:
A. The SUNLINE TRANSIT AGENCY and SCRRA both provide public transportation services
operating to, within, or through Riverside, Los Angeles, San Bernardino and Orange
Counties;
B. SUNLINE TRANSIT AGENCY, a Joint Powers Authority, provides fixed route services
operating in eastern Riverside County (Coachella Valley), serving nine member cities
(Desert Hot Springs, Palm Springs, Cathedral City, Rancho Mirage, Palm Desert, Indian
Wells, La Quinta, Indio, and Coachella) and five unincorporated communities (Bermuda
Dunes, Mecca, Oasis, Thermal, Thousand Palms).
C. Prior to the adoption of an Interagency Transfer Agreement, pPassengers originating on
SUN LINE TRANSIT AGENCY'S system and desiring to transfer to SCRRA'S services would
need to pay a second originating fare on SCRRA'S services.
D. Prior to the adoption of an Interagency Transfer Agreement, pPassengers originating on
SCRRA'S system and desiring to transfer to SUNLINE TRANSIT AGENCY'S fixed route
services would need to pay a second originating fare on SUNLINE TRANSIT AGENCY'S
services.
E. The parties desire to enter into a new Interagency Fi)(ed Route Transferthis Agreement
to ~facilitate transfers between the parties' systems and thereby provide greater
convenience and mobility for its users.
F. Under these amended terms, SUNLINE TRANSIT AGENCY and SCRRA desire to continue•
providing a fully coordinated public transit service for the benefit of the public, in
compliance with Public Utilities Code Section 130262.
G. SCRRA also collects a fee with the sale of each METROLINK ticket that is intended to help
offset some of the costs of operators' services to transferring passengers.
NOW, THEREFORE, in consideration of their mutual obligations set forth herein, the Parties
agree as follows:
1. Subject to paragraph 2 of this Amended Agreement, SUNLINE TRANSIT AGENCY will
accept valid SCRRA fare media as transfers having a value equal to SUNLINE TRANSIT
AGENCY'S base fare on Line 220 between all Line 220 bus stops between Riverside and
Cabazon (inclusive) as identified in Exhibit "A". A further base fee of $3.00 per fare will
be charged to METROLINK fare media holders wishing to ride the Line 220 service to or
from Coachella Valley.
2. SUNLINE TRANSIT AGENCY shall honor valid METROLINK fare media for a single local
boarding within the SUNLINE TRANSIT AGENCY'S base zone for Line 220 bus stops
between Riverside and Cabazon (inclusive), during the period from one hour before to
46
[_FC)~Itl~f:ted: List Paragraph ...
SCRRA Revised Agreement #TA128
one hour after METROLINK'S service hours, in the same direction of travel, on the lines
identified in Exhibit "A", under the following conditions:
a. One-way tickets valid for the date of travel will be honored on boardings
from METROLINK stations.
b. Round-trip tickets valid for the date of travel will be honored on boardings
to and from METROLINK stations.
c. Seven day passes will be honored on boardings to and from METROLINK
stations if already validated on the day of travel.
d. Monthly passes will be honored on boardings to and from METROLINK
stations.
An additional full fare of $3.00 will be applicable for valid Metrolink fare media holders
riding the Line 220 service to or from the Coachella Valley.
3. SUNLINE TRANSIT AGENCY shall be reimbursed as provided herein at the rate of one
SUN LINE TRANSIT AGENCY base $3.00 fare charge per boarding for which no fare was
collected. One-half payable by SCRRA and one-half payable by RCTC. SUNLINE will
collect and retain all additional $3.00 supplementary fares for valid METROLINK fare
media holders.
4. For purposes of counting transferring passengers, the number of passengers
transferring to SUNLINE TRANSIT AGENCY from METROLINK or to METROLINK from
SUNLINE TRANSIT AGENCY shall be defined as the number of transferring passengers
from whom no fare or a supplementary fare was collected by SUNLINE TRANSIT
AGENCY.
5. SUNLINE TRANSIT AGENCY shall estimate the number of passengers transferring
between the SUNLINE TRANSIT AGENCY system and METROLINK service using 100
percent ridership counts (farebox) conducted by SUN LINE TRANSIT AGENCY.
6. SUNLINE TRANSIT AGENCY shall submit monthly invoices to the SCRRA and RCTC for
reimbursement for transfers. Invoices shall specify the number of transfers to and from
METROLINK,-,-_and the agreed reimbursement rate specified in paragraph 5 above.
Invoices shall reference agreement number TA128 and shall be submitted as follows:
To SCRRA:
To RCTC:
Via E-mail: accountspayable@scrra.net
OR
Accounts Payable
Southern California Regional Rail Authority
One Gateway Plaza, 12th Floor
Los Angeles, CA 90012
AND
Riverside County Transportation Commission
4080 Lemon Street, 3rd Floor
Riverside, CA 92501
7. Complete and accurate invoices2 submitted by the 30th day following
17336.00013\7518231.2
47
SCRRA Revised Agreement #TA128
the end of the calendar month shall be paid within 30 days of receipt of the invoice.
8. Disagreements concerning the number of passengers transferring between METROLINK
and SUNLINE TRANSIT AGENCY services shall be resolved by making a good faith effort
to create a joint survey team, to include representatives of METROLINK, RCTC and
SUNLINE TRANSIT AGENCY, whose task would be to conduct a passenger survey to
determine transfer rates.
9. To facilitate effective operations and communications, the results of the transfer
program will be reviewed quarterly by METROLINK, RCTC and SUNLINE TRANSIT
AGENCY during the first year of this Amended Agreement.
10. Each party shall cooperate in the dissemination of information to the public regarding
the transfer document and the services offered by the other party.
11. Each party shall notify the other in advance of implementing plans for changes in its
operations and/or services, which may affect the other party's operations and/or
services.
12. Each party shall notify the other within thirty (30) days of adopting any fare changes
that might affect reimbursement rates or any aspect of transfer privileges.
13. (a) SUN LINE TRANSIT AGENCY agrees to indemnify and hold SCRRA and RCTC harmless
from and against all losses, damages, actions and expenses (including attorneys' fees)
on account of bodily injury to or death of any person or damage to or loss of use of
property incident to or arising from operations of SUN LINE TRANSIT AGENCY under the
terms of this Amended Agreement.
(b)_-SCRRA agrees to indemnify and hold SUNLINE TRANSIT AGENCY and RCTC
harmless from and against all losses, damages, actions and expenses (including
attorney's fees) on account of bodily injury to or death of any person or damage to or
loss of use of property incident to or arising from operations of SCRRA under the terms
of this Amended Agreement.
14. Each party reserves the right to cancel this Ameneed Agreement upon 30 days prior
written notice to the other partiesy.
15. Notices hereunder shall be sent to the parties as follows:
TO SUN LINE TRANSIT AGENCY:
TO RCTC:
17336.00013\7518231.2
Sunline Transit Agency
32-505 Harry Oliver Trail
Thousand Palms, CA 92276
Attention: Joseph Forgiarini
Transit Planning Manager
Riverside County Transportation Commission
4080 Lemon Street, 3rd Floor
Riverside, CA 92501
Attention:
3
Sheldon Peterson
Rail Manager
48
TO SCRRA:
SCRRA Revised Agreement #TA128
Southern California Regional Rail Authority
One Gateway Plaza, 12th Floor
Los Angeles, CA 90012
Attention: Manager, Sales & Marketing
16. This Amended Agreement constitutes the entire agreement between the parties with
respect to any matter referenced herein and supersedes the originai Agreement and any
and all other prior writings and oral negotiations. This Amended Agreement may be
modified only in writing by the parties.
[Signatures on following page]
4
17336.00013\7518231.2
49
SCRRA Revised Agreement #TA128
INTERAGENCY FIXED ROUTE TRANSFER AGREEMENT
THIS INTERAGENCY FIXED ROUTE TRANSFER AGREEMENT DATED AS OF I I
(AGREEMENT) IS BETWEEN THE SUN LINE TRANSIT AGENCY. RIVERSIDE COUNTY
TRANSPORTATION COMMISSION ("RCTC"), AND THE SOUTHERN CALIFORNIA REGIONAL RAIL
AUTHORITY ("SCRRA" OR "METROLINK").
IN WITNESS THEREOF, the parties have caused this J\mended Agreement to be executed by
their respective officers.
DATE:
(SUN LINE TRANSIT AGENCY)
SUN LINE TRANSIT AGENCY
By: ______________________ __
NAME:
TITLE:
APPROVED AS TO FORM:
DATE:
(SCRRA)
SOUTHERN CALIFORNIA REGIONAL RAIL
, AUTHORITY
By: ------------------------
NAME:
TITLE: Chief Executive Officer
APPROVED AS TO FORM:
Don 0. Del Rio
General Counsel
RIVERSIDE COUNTY TRANSPORTATION COMMISSION (RCTC)
By: ______________________ __
NAME:
TITLE:
APPROVED AS TO FORM:
17336.00013\7518231.2
50
SCRRA Revised Agreement #TA128
EXHIBIT "A"
SERVICE($) HONORING METROLINK TICKETS AS OF September 10, 2012
The SUN LINE TRANSIT AUTHORITY (SUN LINE) will accept valid METROLINK fares for a single
local boarding only on routes/lines listed below.
Riverside
(Downtown)
Metrolink Line
Riverside
IEOC and 91
Route Name/Line Nos.
Commuter Link 220
• Transit operators mav submit invoices monthly or quarterly intervals. However, all
invoices for a fiscal year must be submitted no later than the following July 31'1.
17336.00013\7518231.2
51
/Formatted: Centered / '-·····-·········································-··········
j
.... J