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HomeMy WebLinkAboutFY 2001 Second Quarter Investment Report � (�,�� Q� ��'�i� �- i • ��ve�t�reyt �e,Ga7t SeeaKa'2utirt�z �cuae 'I�eaz 2000-ZOD1 • •y INVESTMENT COMMITTEE MEETING August 30, 2001 • Compliance Summary-Legislative Requirements * Second Quarter Review, Fiscal Year 2001 Portfolio Summary Collateral Review * Minutes Review * Appendices Appendix A- Investment Portfolio by Type of Asset Appendix B- Investment Portfolio by Fund Appendix C- Investment Purchases Appendix D- Investment Maturities Appendix E- Investment Maturities by Fund March 31, 2001 * General Discussion or Questions To Investment Committee Members From Vicki Rodriquez, Budget and Treasury Manager Date August 30, 2001 Subject Second Quarter Investment report The City of Euless Investment Policy, adopted by the City Council in January 2001, requires that the City Council and City Manager receive quarterly and annual reports of investment performance. The purpose of this report is to provide a means for Council members and staff to regularly review and monitor the City's investment performance. Attached is the City's pooled funds portfolio for the second quarter of Fiscal Year 2000-2001 and information for all funds for the same period. The City's investment policy provides the general framework for the investment of City funds. The policy emphasizes the City's objective of safety, liquidity, and yield, in that order. The investment policy complies with the Public Funds Investment Act effective September 1, 1999 in all aspects including reporting. The second quarter report of FY 2001 is presented in a format that has been outlined in the investment policy. This report is for all funds and shows the market value at 12/30/00, changes in market value, the market value at 3/31/01, and the book value, market value, and maturity date for each investment. As required, the report indicates compliance with the adopted investment strategies, and is signed by each investment officer of the City as designated by the Investment policy. Investment Strategy Compliance The strategy for all pooled funds is to assure that cash flows are matched with projected needs and assume adequate liquidity and safety. This has been accomplished by purchasing high quality 0 securities in a laddered structure and by utilizing an investment pool (See Appendix E). The following purposes are also considered when investing; -Operating Funds may purchase high quality short-to medium-term securities with a weighted average maturity of 60 to 90 days. These funds include: 101 General Fund 510 Drainage Utility 201 Hotel-Motel Tax Fund 520 Recreation Classes Fund 210 1/2 Cent Sales Tax-Operations 521 Arbor Daze Fund 220 Crime Control & Prevention District 530 Softball World-Operations 230 Police Drug - DEA Awards 540 Golf Course Operations 231 Police Drug -State Awards 550 Athletic Complex operations 232 Ft. Worth DEA Task Force 601 Equipment Replacement Fund 233 LLEBG 99/00 610 Health Insurance Fund 240 Car Rental Tax Fund 615 Risk Management Fund 501 Water& Sewer Fund -Funds for Capital Improvement Projects(CIP) and Special Purposes may purchase securities which allow for flexibility and unanticipated project outlays by having a portion of their investments in highly liquid securities(See Appendix E). The stated final maturity dates of the securities should not exceed the estimated project completion date. These funds include: 301 Developer's Escrow Fund 502 Water& Sewer-CIP 305 Streets & Drainage-CIP 505 Water Impact Fees Fund 310 1/2 Cent Sales Tax-CIP 508 Wastewater Impact Fees Fund 320 General Capital Projects Fund 511 Drainage CIP 0 325 Police Facility Construction Fund 552 Athletic Complex CIP-Phase II -Debt Service Funds should assure adequate liquidity to cover the debt service obligation on the required payment date. These funds include: 401 Debt Service/General Obligation 506 Water/Sewer Debt Service 402 Star Center Debt Service 531 Softball World Debt Service 410 1/2 Cent Sales Tax-Debt Service 541 Golf Course Debt Service -Emergency, Contingency, and Debt Service Reserve funds will have the ability to generate a dependable revenue stream to the appropriate fund. The stated final maturity dates of securities should not exceed five years (See Appendix E). These funds include: 102 General Fund-Emergency 507 Water&Sewer-EmergencysFund 103 General Fund-Contingency 705 Star Center Bond Reserve 211 1/2 Cent Sales Tax-Bond Reserve Based on the above strategies, the investment portfolio reported herein is in compliance with the relevant provisions of the investment policy and the Public Funds Investment Act. Loretta Getchell Director of Fiscal and Administrative Services 0 , V Vicki Rodriquez Finance Administrator Summary of Investments by Fund The following is a summary of investments held by each fund at December 31,2000 and March 31,2001. The changes include all investment purchases, maturities and expenses that occurred during the second quarter of FY2001. Investment Securities Investment Securities Increase/ at Market Value at Market Value Decrease 12/31/00 03/31/01 In Fund 101 6,274,635.33 8,054,413.46 1,779,778.13 Property tax Receipts 102 498,125.00 500,156.25 2,031.25 103 498,125.00 500,156.25 2,031.25 201 198,766.33 97,404.63 (101,361.70) 210 651,703.46 633,732.65 (17,970.81) Operating Expenses 211 981,720.54 996,816.85 15,096.31 Interest Earnings 220 327,301.02 321,563.99 (5,737.03) 230 543,362.92 536,593.54 (6,769.38) 231 5,070.45 13,271.44 8,200.99 232 25,170.35 81,453.91 56,283.56 Task Force Receipts 233 60,408.83 64,761.61 4,352.78 LLEBG Grant Funds 240 7,254,515.27 4,936,288.60 (2,318,226.67) Rebate to DFW 301 1,023,530.68 1,216,265.85 192,735.17 Escrow funds 305 4,652,511.94 4,004,914.45 (647,597.49) Capital Outlay 310 980,998.80 798,776.98 (182,221.82) Capital Outlay 320 21,330.61 21,531.71 201.10 325 7,829,606.77 5,758,372.60 (2,071,234.17) Capital Outlay 401 831,836.99 632,780.36 (199,056.63) Debt Service Payments 402 580,034.75 130,911.33 (449,123.42) Debt Service Payments 501 7,714,694.06 7,595,676.80 (119,017.26) Operating Expenses 502 3,193,425.04 3,221,212.39 27,787.35 Excess Fund Balance 505 1,167,844.18 1,369,405.69 201,561.51 Excess Fund Balance 506 29,242.10 0.00 (29,242.10) Debt Service Payments 507 499,375.00 501,328.13 1,953.13 508 1,246,134.84 952,150.16 (293,984.68) TRA sewer payments 510 629,242.91 684,485.18 55,242.27 Drainage receipts 511 323,516.57 266,986.23 (56,530.34) Capital Outlay 520 88,865.14 105,355.88 16,490.74 Recreation receipts 521 162,702.62 104,281.92 (58,420.70) Arbor Daze expenses 530 425,729.94 357,947.80 (67,782.14) Operating Cost(winter) 540 202,886.20 100,132.81 (102,753.39) Operating Cost(winter) 552 59,856.36 60,776.80 920.44 601 465,247.83 620,184.75 154,936.92 Excess Fund Balance 610 446,903.54 310,808.40 (136,095.14) Insurance Claims 615 652,963.76 557,719.18 (95,244.58) Wkrs Comp/Risk Claims 705 2,028,076.15 2,056,786.33 28,710.18 Interest TOTAL: 52,575,461.28 48,165,404.91 (4,410,056.37) Fund Names 101 General Fund 402 Star Center Debt Service 102 General Fund-Emergency 501 Water&Sewer Fund 103 General Fund-Contingency 502 Water&Sewer-CIP 201 Hotel-Motel Tax Fund 505 Water Impact Fees Fund 210 1/2 Cent Sales Tax-Operations Fund 506 Water and Sewer Debt Service 211 1/2 Cent Sales Tax-Debt reserve 507 Water&Sewer-Emergency Fund 220 Crime Control&Prevention District 508 Wastewater Impact Fees Fund 230 Police Drug-DEA Awards 510 Drainage Utility 231 Police Drug-State Awards 511 Drainage-CIP 232 Ft.Worth DEA Task Force 520 Recreation Classes Fund 233 LLEBG 99/00 521 Arbor Daze Fund 240 Car Rental Tax Fund 530 Softball World Operations 301 Developer's Escrow Fund 540 Golf Course Operations 305 Streets&Drainage-CIP 552 Athletic Complex Phase II-CIP 310 1/2 Cent Sales Tax-CIP 601 Equipment Replacement Fund 0 320 General Capital Projects Fund 610 Health Insurance Fund 325 Police Facility Construction Fund 615 Risk Management Fund 401 Debt Service/General Obligation 705 Star Center Reserve Fund PORTFOLIO SUMMARY The City's pooled investment portfolio at the end of the second quarter, March 31,2001, is summarized by instrument and by maturity as shown below. Distribution by Instrument Average %of Average Yield Instrument Type COST Portfolio Yield Last Qtr Agencies 33,784,690 70.40% 5.96% 6.58% Money Markets/Pools 14,197,685 29.59% 5.46% 6.54% Certificates of Deposit 5.000 0.01% 5.50% 5.50% $47,987,375 100.00% This table shows that the majority of City funds,approximately 70%are invested government agency securities which provide a high level of safety. An additional 30%of our funds are invested in local government investment pools and money market funds, which not only provide a high level of safety but also provide daily liquidity. As of the date of this report,the yield on these investments ranged from 4.88%to 7.07%. Distribution by Maturity #of Days Cost %of Portfolio 1 -30 $17,640,061 36.76% 31 -90 $5,736,189 11.95% 91 - 180 $11,080,676 23.09% 181-365 $8,611,100 17.94% Over 365 $4,919,349 10.25% Total $47,987,375 100.00% This information reflects the current structure and strategy of the City's pooled portfolio. Approximately 72%of the portfolio is invested within the six month area. This strategy was followed, not only to meet cashflow needs for Operations and Capital Projects, but also because this time frame provided competitive yields for the securities available at the time of purchase. Some funds were placed out further on the yield curve in order to take advantage of higher rates. Approximately 18%of our portfolio is invested between the six month and one year range,and an additional 10%beyond one year. We were able to comply with our investment policy by using emergency funds, reserve funds, escrow funds,and bond proceeds. The weighted average maturity of our portfolio is approximately 253 days,well below our maximum of 365 days. By Instrument By Maturity 0% 10% 3001 9 ®1 -30 ®Treasuries 18%® 37% 031 -90 18 O MMM/Pool ■ -365 0% ■CD's 81 181-36 70% ®Over 365 23% 12% 0 City of Euless Pooled Portfolio Summary for Quarter Ending March 31, 2001 Cost Book Market Principal Only Value Value Investments at December 31, 2000 $52,206,716.83 $52,517,833.51 $52,575,461.28 Investment Purchases 47,213,345.09 Investment Maturities (51,917,367.41) Dividends Reinvested (Pools) 275,366.02 Investments at March 31, 2001 $47,778,060.53 $48,051,752.30 $48,165,404.94 Loretta Getchell Director of Fiscal and Administrative Services s V Vicki Rodriquez Finance Administrator Cash Management Activity Average 90 Day T Bill Yield Average City Basis Point 0 Month (Benchmark) Portfolio Yield Difference Jan 5.27% 6.40% 1.13% Feb 4.99% 6.08% 1.09% Mar 4.53% 5.92% 1.39% The Fed cut rates 150 basis points during this quarter. These decreases are indicated above by the drop in the average portfolio yield.The average yield on our portfolio dropped 48 basis points. As the Fed continues to cut rates the yield on our portfolio will continue to decline as investments mature and are reinvested at lower rates. Month Invested Balance Cash Balance % Invested Jan $53,703,346.00 ($742,749.00) 102% Feb $54,019,352.00 ($1,230,701.00) 103% Mar $47,987.375.00 ($759,164.00) 102% Average $51,903,357.67 ($910,871.33) 102% The City's investment program pursues maximum interest income revenues while maintaining safety and liquidity using the following strategy: -immediately deposit all receipts, utilizing wire transfers,ACH,and couriers; -slow down disbursement of funds using ACH,wire transfers, etc.; cashflow forecasting to meet estimated disbursements by each fund; -plan full investment of upcoming resources at their peak availability to maximize interest earnings and ; -to minimize cash at the bank; -purchase diversified investments and hold to maturity -keep abreast of current market environment to benefit from interest rate changes. % Invested Cash 103.20% $0.00 103.00% ($200,000.00) 102.80% 102.60% ($400,000.00) 102.40% ($600,000.00) 102.20% ($800,000.00) 102.00°h ($1,000,000.00) 101.80% 101.60% ($1,200,000.00) IUl AL 101.40% ($1,400,000.00) Jan Feb Mar Jan Feb Mar 0 COLLATERAL REVIEW The first and most important objective of public funds investments is safety of assets. Therefore,all non-government security investments must be secured by collateral. This is accomplished by monitoring daily bank balances and monthly reporting of their full coverage. Collateral levels may be adjusted to secure the varying levels of receipts throughout the fiscal year. City of Euless Collateral Analysis for Cash&C.D.Investments as of 3/31/2001 Pledging Safekeeping Pledged Sec. Security Market Value Inv.Value Difference Institution Location Description Par Value (w/FDIC Ins.) 0? Mat'v(P&1) Over/(Under) Bank One $0 $100,000 $25,252 $74,748 $ Mkt $0 DDA $25,252 Landmark Bank Texas Indep $1,500,000 $1,599,455 $385,054 $1,214,401 Bank-Dallas FHLB due Payroll $45,674 08/24/05 $500,000 Operating $339,379 FNMA due 04/24/06 $1,000,000 !� Reproduced By: Cash&Debt Department l- 1 Reviewed by: Director of Finance This review is practiced on a regular basis assuring thorough coverage. Another regular practice is reviewing each individual instrument purchased. This assures compliance with the Investment policy and consideration of the underlying security. This separate but thorough practice has protected the City's portfolio against derivative products in an unstable rate environment. MINUTES INVESTMENT COMMITTEE MEETING 02/28/01 Members: Gary McKamie, Deputy City Manager Loretta Getchell, Director of Finance Vicki Rodriquez, Budget and Treasury Manager Janina Jewell,Accounting Manager Committee members present included Gary McKamie,Janina Jewell, Loretta Getchell and Vicki Rodriquez. Vicki Rodriquez presented the First Quarter Investment Report to the committee. Vicki noted that all funds with available balances were investing funds and earning interest. The total portfolio at the end of the first quarter was over$52 million. The book value of the portfolio at the end of the first quarter was$52,517,834 and the market value was$52,575,461. Vicki pointed out that Fed had cut interest rates by 100 basis points in January, and that we could see another 50 basis points in March. Vicki also reported that the Local Government Investment Cooperative(LOGIC)owned$20 million in commercial paper issued by Pacific Gas and Electric(PG&E). PG&E commercial paper was downgraded on January 5,2001 from a rating of Al/P1 to a rating of A3/P3. It was then further downgraded to below investment grade on January 17,2001 after defaulting on their commercial paper maturing in January. The committee decided to include a statement in the first quarter report reflecting the situation and the action taken by the city. The committee also discussed the city's investment policy on notification of such incidents. The decision was made that Vicki would bring all incidents relating to deteriorating investments to the investment committee. She would also propose changes to the city's investment policy that would handle such situations. Vicki then presented a list of Broker/Dealers for the committee to review and approve as required by the investment policy. Vicki recommended the approval of Merrill Lynch, Banc One Capital, First Southwest,Vining Sparks, Duncan Williams, and JW Genesis. Janina motioned that we approve these six brokers. Loretta seconded. The committee asked Vicki to prepare a criteria for broker approval and an evaluation process to use for measuring broker performance. Loretta Getchell motioned that the first quarter investment report be approved with the addition of a statement on LOGIC. Gary seconded. Janina motioned to adjourn. Gary seconded. Meeting was adjourned. ' o APPENDIX 0 0 I , cq mss a oN Nac N'R rc vi viro vi'R 61°16.i NmmN n mm N vi p HYI yY�I 1G fG ci YI mNN fG 1C tC fCN♦A�mO �O N p� �mO pN fU f♦G 1A Y YpN Ypf ONfGm m m�(�f NH Olm'1 pmNl tmO�amO RO tyH�� f0 t7<pOA vWnf NY N 01 tCW . . .mO eN- m yO�tNV f tW1 t71C��p YNI GM Hn W A!O-- N YNn O OI MAOOEG� n ntp7 �! 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FMAC Fed.Home Loan Mort.Corp. 1ST Union First Union Capital MKTS FSW First Southwest LOGIC Local Govt Investment Coop. FGIC Money Market Pod FFCB Fed.Farm Credit Bank CD Certificate of Deposit Vining Vining Sparks Merril Merrill Lynch FGIC Financial Investors Trust Texpool Local Govt Pool FHLB Fed.Home Loan Bank BancOne Banc One Capital Everen Everen Securities Texpool TEXPOOL Duncan Duncan Williams LNDMRK Landmark Bank Inv. Cusip Purchase Term Maturity Can Days Price Par Principal Interest Interest Yield To Book Market Market Seller Unamortized Coupon Lw Munn Dam (in days) Date Date Accrued Per f100 yalue Invested 9b mat Accred maturity Yahm Pdce Yalue lust. Discount Premium Prem/Disc gaze U.S.GOVERNMENT AGENCIES Agency Discount Notes FNMA 313589EF6 10/13/00 181 04/12/01 169 96.8426 1,000,000.00 968,425.56 31,574.44 29,481.11 6.57% 997,906.67 99.8350 998,350.00 Merrill FNMA 313589EF6 10/16M 178 04/12101 166 96.9048 500,000.00 484,523.89 15,476.11 14,432.78 6.55% 498,956.67 99.8350 499,175.00 FSW FHLB 313385EP7 0428/00 357 0420/01 337 93.8021 500,000.00 469,010.42 30,989.58 29,253.47 6.65% 498,263.69 99.7283 498,641.67 Merrill FHLB 313385FG6 05/12/00 360 05/07/01 323 93.4100 750,000.00 700,575.00 49,425.00 44,345.21 7.03% 744,920.21 99.6015 746,261.46 Merrill FHLB 313385HA7 1221/00 179 06/18/01 100 97.1211 1,000,000.00 971,210.83 28,789.17 16,083.33 6.04% 987,294.17 98.9708 989,708.06 BancOne FNMA 313589JBO 0721100 357 07/13/01 253 93.8633 500,000.00 468,316.25 31,683.75 22,453.75 6.80% 490,770.00 98.6633 493,316.67 Merrill FMAC 31339REN3 08/10/00 343 07/19/01 233 94.0547 500,000.00 470,273.33 29,726.67 20,193.33 6.62% 490,466.67 98.5883 492,941.67 1St Union FMAC 31339REN3 08/11/00 342 07/19/01 232 94.0460 500,000.00 470,225.01 29,774.99 20,198.24 6.65% 490,423.25 98.5883 492,941.67 FSW FNMA 313WWO7 02/07/01 169 0726/01 52 97.6763 1,000,000.00 976,762.50 23,237.60 7,150.00 5.14% 983,912.50 98.4985 984,985.00 FSW FNMA 313WWE2 0223/01 167 08/09/01 36 97.7687 1,000,000.00 977,686.94 22,313.06 4,810.00 4.99% 982,496.94 98.3734 983,734.17 1St Union FMAC 313397LC3 0128/01 217 08/31/01 64 97.0283 1,000,000.00 970,283.06 29,716.94 8,764.44 5.13% 979,047.50 98.1003 981,002.50 1St Union FNMA 313589LNI 02/02/01 220 09/10/01 57 97.0422 1,000,000.00 970,422.22 29,577.78 7,663.33 5.04% 978,085.56 97.9942 979,941.94 1St Union FNMA 313WWWO 02/02/01 252 10/12/01 57 96.6470 1,000,000.00 966,470.00 33,530.00 7,584.17 4.99% 974,054.17 97.6275 976,275.00 Merrill FNMA 313589PE7 02/02/01 284 11/13101 57 96.2528 500,000.00 481,263.89 18,736.11 3,760.42 4.96% 485,024.31 97.2382 486,190.83 Merrill FMAC 313397PHO 02/02/01 287 11/16101 57 96.2132 500,000.00 481,065.97 18,934.03 3,760.42 4.96% 484,826.39 97.2017 486,008.33 Banc One FMAC 313397PHS 02/14/01 275 11/16/01 45 96.3792 750,000.00 722,843.75 27,156.25 4,443.75 4.95% 727,287.50 97.2017 729,012.50 1St Union FHLB 313385TCO 0223/01 357 02/15/02 36 95.3888 1,000,000.00 953,887.50 46,112.50 4,650.00 4.88% 958,537.50 96.1926 961,925.83 Merrill TOTAL: 13,000,000.00 12,503,246.12 496,753.86 249,027.76 5.76% 12,752,273.87 12,780,412.29 Agency Coupon Notes FHLB 3133M9YK2 02/04/00 180 04/06/01 174 99.3438 500,000.00 496,718.75 15,050.00 14,548.33 6.60% 500,000.00 100.0000 500,000.00 Merrill 3,281.25 6.020% FNMA 31354KMD9 0428/00 180 0426/01 164 99.9420 500,000.00 499,710.00 16,425.00 14,052.50 6.63% 500,000.00 100.1250 500,625.00 1St Union 290.00 6.570% FHLB 3133MBFw12 08/09/00 180 0426/01 154 99.9280 500,000.00 499,640.00 16,250.00 13,902.78 6.59% 500,000.00 100.1094 500,546.88 BancOne 360.00 6.500% FHLB 3133MBBF4 11AW98 180 05/04/01 146 100.0000 1,000,000.00 1,000,000.00 25,600.00 20,764.44 5.12% 1,000,000.00 100.0313 1,000,312.50 Everen 5.120% FNMA 31364KNK2 05/17/00 180 05/17/01 133 99.9350 1,000,000.00 999,350.00 35,000.00 25,861.11 7.07% 999,945.84 100.2813 1,002,812.50 Banc One 650.00 (54.16) 7.000% FMAC 3134A3U07 10/13/00 180 06/15/01 105 99.5000 1,000,000.00 995,000.00 28,750.00 16,770.83 6.51% 998,571.44 100.2188 1,002,187.50 BancOne 5,000.00 (1,428.56) 5.750% FMAC 3134A3U07 1221/00 180 06/15/01 105 99.8329 800,000.00 798,663.47 23,000.00 13,416.67 6.10% 799,554.50 100.2188 801,750.00 FSW 1,336.53 (445.50) 5.760% FHLB 3133M4RX3 04/19/00 180 08/22/01 98 98.8870 250,000.00 247,217.50 7,012.50 3,817.92 6.60% 249,602.50 100.2031 250,507.81 BANC ONE 2,782.50 (397.50) 5.610% FHLB 3133M7ER3 10/13/00 180 0727101 63 99.1303 500,000.00 495,651.39 13,437.50 4,703.13 6.51% 498,389.29 100.2344 501,171.88 Duncan 4,348.61 (1,630.71) 5.375% FHLB 3133M7ER3 10/16/00 180 0727/01 0427/01 63 99.1490 500,000.00 495,745.00 13,437.50 4,703.13 8.50% 498,404.39 100.2344 501,171.88 FSW 4,255.00 (1,595.61) 5.375% FNMA 31364CHN1 12/21/00 100 08/01/01 59 100.3579 1,000,000.00 1,003,579.42 33,350.00 10,931.39 8.05% 1,001,789.70 100.3875 1,003,875.00 Duncan 3,579.42 1,789.70 6.670% FNMA 31364CHX9 0628100 180 08/07/01 53 99.6650 800,000.00 797,320.00 26,760.00 7,879.33 7.00% 799,175.40 100.7188 805,750.00 FSW 2,6110.00 (824.60) 6.690% FHLB 3133M7T89 02102/01 180 09/11/01 19 100.1530 1,000,000.00 1,001,530.00 26,700.00 14,856.03 5.07% 1,001,092.85 100.3125 1,003,125.00 Banc One 0.00 1,530.00 1,092.85 5.340% FNMA 31364G6W4 10/30/00 180 09/14/01 16 99.4063 650,000.00 646,140.63 19,825.00 1,762.22 6.80% 648,070.33 100.6875 654,468.75 Merrill 3,859.37 (1,929.67) 6.100% FFCB 31331RA21 1221/00 180 09/14/01 18 99.5000 250,000.00 248,750.00 8,562.50 583.33 5.95% 249,305.56 100.3125 250,781.25 Banc One 1,250.00 (694.44) 5.250% FHLB 3133MCAZ8 092&00 180 0928/01 2 100.0000 1,000,000.00 1,000,000.00 32,500.00 361.11 6.50% 1,000,000.00 100.9688 1,009,687.50 1St Union 6.500% FFCB 31331HG35 0822/00 1811 10/01/01 179 99.2597 635,000.00 630,299.36 19,050.00 18,944.17 6.70% 632,985.44 100.7500 639,762.50 FSW 4,700.64 (2,014.56) 6.000% FHLB 3133M5R77 01/13/00 180 10/05/01 175 98.1560 500,000.00 490,780.00 13,982.50 13,594.10 6.73% 492,097.15 100.0000 500,000.00 FSW 9,220.00 (7,902.85) 5.593% FNMA 31359MEF6 08/11/00 180 10/15/01 165 97.7031 225,000.00 219,832.03 5,203.13 4,769.53 6.68% 222,785.16 100.0938 225,210.94 Merrill 5,167.97 (2,214.84) 4.625% FNMA 31359MEF6 09/07/00 180 10/15/01 165 97.7656 50,000.00 48,882.81 1,156.25 1,059.90 6.75% 49,484.39 100.0938 50,046.88 Merrill 1,117.19 (515.61) 4.625% FMAC 3134A2ZJ0 09/07/00 180 12/14/01 106 97.5859 50,000.00 48,792.97 1,187.50 699.31 6.76% 49,356.26 100.1719 50,085.94 Merrill 1,207.03 (643.74) 4.750% FHLB 3133MBYDO 01/12101 180 1221/01 99 100.5630 500,000.00 502,815.00 14,687.60 8,078.13 5.25% 501,126.00 100.9688 504,843.75 Duncan 2,815.00 1,126.00 5.875% FNMA 31364GOA0 01/17/01 180 0124/02 66 99.8750 500,000.00 499,375.00 13,350.00 4,895.00 5.47% 499,488.64 100.0000 500,000.00 Merrill 625.00 (511.36) 5.340% FHLB 3133MAT74 0126101 180 02/15/02 45 101.5625 500,000.00 507,812.50 16,875.00 4,218.75 5.20% 506,510.04 101.8544 609,271.88 Merrill 7,812.50 6,510.04 6.750% FNMA 31364K202 0221101 180 0221102 0821/01 39 100.0000 1,000,000.00 1,000,000.00 26,250.00 14,583.33 5.25% 1,000,000.00 100.2656 1,002,656.25 FSW 5.250% FHLB 3133MDGHO 03MMI 360 03/08/02 06/06/01 24 100.0000 1,000,000.00 1,000,000.00 51,300.00 14,250.00 5.13% 1,000,000.00 100.4844 1,004,843.75 1St Union 0.00 5.130% FHLB 3133MDSF1 03/19/01 450 06/19102 06/19101 11 100.0000 1,000,000.00 1,000,000.00 62,937.50 13,986.11 5.04% 1,000,000.00 100.0625 1,000,625.00 Vining 0.00 5.035% FMAC 312923CU7 01/18/01 540 07/18/02 04/18/01 72 100.0000 1,000,000.00 1,000,000.00 79,800.00 14,777.78 5.32% 1,000,000.00 100.0313 1,000,312.50 1St Union 5.320% FHLB 3133M5UB4 1227/00 180 10/09/02 171 99.2800 100,000.00 99,280.00 2,790.00 1,538.84 6.01% 99,382.87 100.0313 100,031.25 Banc One 720.00 (617.13) 5.580% FHLB 3133M62Z0 0223101 180 1028/02 0428/01 152 100.0000 500,000.00 500,000.00 13,750.00 7,638.89 5.49% 500,000.00 100.0469 500,234.38 Banc One 5.500% FHLB 3133MOB23 02/12/01 180 11/05102 05105101 145 99.9250 800,000.00 799,400.00 20,100.00 11,158.29 5.07% 799,800.00 100.0469 800,375.00 Banc One 600.00 (200.00) 5.025% FHLB 31331LDGO 03/14/01 180 03/14/03 06/14/01 16 99.9688 500,000.00 499,843.75 13,100.00 7,275.50 5.26% 499,895.84 100.2344 501,171.88 FSW 156.25 (104.16) 5.240% FHLB 3133MCOVO 01/16/01 180 07/16/03 07/16/01 74 100.0000 1,000,000.00 1,000,000.00 30,000.00 16,666.67 6.00% 1,000,000.00 100.4063 1,004,062.50 Banc One 6.000% TOTAL: 21,110,000.00 21,072,129.68 725,179.38 327,048.54 6.05% 21,096,793.59 21,162,307.81 53,607.34 15,736.92 (13,206.41) CERTIFICATES OF DEPOSITS CD 0423/00 365 0423/01 341 100.0000 5,000.00 5,000.00 275.00 256.92 5.50% 5,000.00 100.0000 5,000.00 Lndmrk 5.500% INVESTMENT POOLS LOGIC WA WA N/A N/A WA 100.0000 101,355.15 101,355.15 WA N/A 5.54% 101,355.15 100.0000 101,355.15 LOGIC Texpool WA WA WA WA WA 100.0000 11,260,870.65 11,260,870.65 WA N/A 5.38% 11,260,870.65 100.0000 11,260,870.65 Texpool FDIC WA WA WA WA WA 100.0000 2,835,459.04 2,835,459.04 WA WA 5.47% 2,835,459.04 100.0000 2,835,459.04 FGIC TOTAL: 14,197,684.64 14,197,684.84 5.46% 14,197,684.84 14,197,684.84 TOTAL PORTFOLIO 48,312,684.64 47,776,060.53 1,222,206.26 576,333.21 46,051,752.30 48,165,404.94 53,607.34 15,736.92 (13,206.41) Gty Invest nd As of Decemb 31,2000 Investment Type Institution i LOGIC Local Gov't Pool FNMA Fed.Narl Mort.Assoc. FHLB Fed.Home Loan Bank JWG JW Genesis FSW First Southwest LNDMRK Landmark Bank FGIC Money Market Pool FFCB Fed.Farre Credit Bank FMAC Fed.Home Loan Mort.Corp. Vining Vining Sparks Merrill Merrill Lynch LOGIC Local Govt Investment Cooperative Texpool Local Govt Pool TNOTE Treasury Note CD Certificate of Deposit BancOne Banc One Capital Everen Everen Securities FGIC Financial Investors Trust Duncan Duncan Williams Texpool TEXPOOL Cost Accrued Inv. Cusip Purchase Term Maturity Price Par Book Value Interest Total Prin.+ Yield To Coupon Interest Seller Market %of I= Number I etc (in days l jailt Per 5100 Value (Prin.Only) 9b mar Int.db Mary Maturity fL%a Purchased insl Discount Prem um Fund YAUe Portfolio )Q(" Fund 101-General Fund LOGIC WA 100.0000 510,093.73 510,093.73 510,093.73 6.50% LOGIC 101 510,093.73 0.97% 0.00 FGIC N/A 100.0000 0.00 0.00 0.00 6.59% FGIC 101 0.00 0.00% 0.00 FMAC 31315LAC2 11/03/00 61 01/03/01 98.9071 700,000.00 692,349.58 7,650.42 700,000.00 6.63% FSW 101 699,661.67 1.32% 0.80 FMAC 312902LU1 042!1/00 263 01/16/01 95.4507 200,000.00 190,901.44 9,098.56 200,000.00 6.60% FSW 101 199,448.89 0.36% 0.96 FNMA 31364BUU2 05/15/00 257 02/02/01 98.9817 500,000.00 494,908.69 27,500.00 527,500.00 6.97% 5.500% 7,868.06 FSW 5,091.32 101 499,687.50 0.96% 2.46 FHLB 313385FG6 05/12/00 360 05/07/01 93.4100 750,000.00 700,575.00 49,425.00 750,000.00 7.03% Merrill 101 734,257.29 1.34% 4.81 FNMA 31364KNI(2 05/17/00 360 05/17/01 99.9350 1,000,000.00 999,350.00 70,000.00 1,070,000.00 7.07% 7.000% 0.00 Banc One 650.00 101 1,002,812.50 1.90% 6.86 FMAC 3134A3UQ7 1221/00 174 06/15/01 99.8329 800,000.00 798,663.47 23,000.00 823,000.00 6.10% 5.750% 766.67 FSW 1,336.53 101 798,705.00 1.52% 2.65 FNMA 31364CHNI 1221/00 220 08/01/01 100.3579 1,000,000.00 1,003,579.42 66,700.00 1,066,700.00 6.05% 6.670% 25,938.89 Duncan 0.00 3,579.42 101 1,003,750.00 1.96% 4.32 FHLB 3133MCAZ8 0928/00 360 0928/01 100.0000 325,000.00 325,000.00 21,125.00 346,125.00 6.50% 6.500% JWG 101 326,218.75 0.62% 2.23 FHLB 3133M5R77 01/13/00 622 10/05/01 98.1560 500,000.00 490,780.00 55,930.00 555,930.00 6.73% 5.593% 7,612.69 FSW 9,220.00 0.00 101 500,000.00 0.95% 5.91 Subtotal 6,285,093.73 6,206,201.33 330,428.98 6,549,348.73 42,186.31 16,297.85 3,579.42 subtotal 6,274,635.33 11.91% 30.99 Fund 102-General Fund-Emergency FHLB 3133M6BF4 11/04/98 900 05/04/01 100.0000 500,000.00 500,000.00 64,000.00 564,000.00 5.12% 5.120% Everen 102 498,125.00 0.95% 8.58 Fund 103-Generat Fund Contingency FHLB 3133M6BF4 11/04/98 900 05/04/01 100.0000 500,000.00 500,000.00 64,000.00 564,000.00 5.12% 5.120% Everen 103 498,125.00 0.95% 8.58 Fund 201-HotelfMotel LOGIC WA 100.0000 198,766.33 198,766.33 198,766.33 6.50% LOGIC 201 198,766.33 0.38% 0.00 FGIC WA 100.0000 0.00 0.00 0.00 6.59% FGIC 201 0.00 0.00% 0.00 subtotal 198,766.33 198,766.33 0.00 198,766.33 subtotal 198,766.33 0.38% 0.00 Fund 210-Haff Cent Operations LOGIC N/A 100.0000 651,703.46 651,703.46 0.00 651,703.46 6.50% LOGIC 210 651,703.46 1.24% 0.00 FGIC N/A 100.0000 (0.00) (0.00) 0.00 (0.00) 6.59% FGIC 210 (0.00) 0.00% 0.00 Subtotal 651,703.46 651,703.46 0.00 651,703.46 0.00 0.00 0.00 subtotal 651,703.46 1.24% 0.00 Fund 21144aff Cent Reserve FGIC WA 100.0000 981,720.54 981,720.54 0.00 981,720.54 6.59% FGIC 211 981,720.54 1.87% 0.00 Fund 220Crime Control and Prevention LOGIC WA 100.0000 251,703.46 251,703.46 0.00 251,703.46 6.50% LOGIC 220 251,703.46 0.48% 0.00 FGIC WA 100.0000 75,597.56 75,597.56 0.00 75,597.56 6.59% FGIC 220 75,597.56 0.14% 0.00 Subtotal 327,301.02 327,301.02 0.00 327,301.02 0.00 0.00 0.00 subtotal 327,301.02 0.62% 0.00 Fund 230-Police DEA(Federal) LOGIC WA 100.0000 543,362.92 543,362.92 543,362.92 6.50% LOGIC 230 543,362.92 1.04% 0.00 FGIC N/A 100.0000 0.00 0.00 0.00 6.59% FGIC 230 0.00 0.00% 0.00 Subtotal 543,362.92 543,362.92 0.00 543,362.92 0.00 0.00 0.00 subtotal 543,362.92 1.04% 0.00 Fund 231-Police DEA(State) LOGIC WA 100.0000 5,070.45 5,070.45 5,070.45 6.50% LOGIC 231 5,070.45 0.01% 0.00 Fund 232•FTW DEA Task Force LOGIC WA 100.0000 25,170.35 25,170.35 25,170.35 6.50% LOGIC 232 25,170.35 0.05% 0.00 Fund 233.LLEBG 99 LOGIC N/A 100.0000 60,408.83 60,408.83 0.00 60,408.83 6.50% LOGIC 234 60,408.83 0.12% 0.00 Fund 235-LLEBG 98 LOGIC WA 100.0000 0.00 0.00 0.00 0.00 6.50% LOGIC 235 0.00 0.00% 0.00 city Inver unci As of Dece 1,2000 Investment Type Institution LOGIC Local Govt Pool FNMA Fed.Nat'l Mort.Assoc. FHLB Fed.Home Loan Bank JWG JW Genesis FSW First Southwest LNDMRK Landmark Bank FGIC Money Market Pool FFCB Fed.Farm Credit Bank FMAC Fed.Home Loan Mort.Corp. Vining Vining Sparks Merrill Merrill Lynch LOGIC Local Govt Investment Cooperative Texpool Local Govt Pool TNOTE Treasury Note CD Certificate of Deposit BancOne Banc One Capital Everen Everen Securities FGIC Financial Investors Trust Duncan Duncan Williams Texpool TEXPOOL Cost Accrued Inv. Cusip Purchase Term Maturity Price Par Book Value Interest Total Prin.+ Yield To Coupon Interest Seller Market %of I= Number Qgle (in days Qdte Per 5100 value (Prin.Only) ®mat'y Int.®Mat'v y $Ln Purchased t., Discount Premium Fund Value Portfolio Ypd Fund 240-Car Rental Fund LOGIC N/A 100.0000 457,663.88 457,663.88 0.00 457,663.88 6.50% LOGIC 240 457,663.88 0.87% 0.00 FNMA 31364GXW4 08/22/00 197 03/09/01 99.4145 500,000.00 497,072.50 28,000.00 528,000.00 6.70% 5.600% 12,677.78 Duncan 2,927.50 240 499,375.00 0.97% 1.91 FMAC 313397DJ7 12/21/00 91 03/22/01 98.4631 1,000,000.00 984,631.11 15,368.89 1,000,000.00 6.26% JWG 240 986,050.00 1.88% 1.71 FNMA 313589EF6 10/13/00 181 04/12/01 96.8426 1,000,000.00 968,425.56 31,574.44 1,000,000.00 6.57% Merrill 240 982,858.33 1.85% 3.34 FNMA 313W9EF6 10/16/00 178 04/12/01 96.9048 500,000.00 484,523.89 15,476.11 500,000.00 6.55% FSW 240 491,429.17 0.92% 1.64 FHLB 3133MBEJ2 08/09/00 257 0426/01 99.9280 500,000.00 499,640.00 32,500.00 532,500.00 6.59% 6.500% 9,298.61 BancOne 360.00 240 500,312.50 0.97% 2.49 FHLMC 3134A2HW1 10/16/00 239 06/15/01 99.6696 500,000.00 498,347.92 30,000.00 530,000.00 6.50% 6.000% 10,083.33 FSW 1,652.08 240 499,687.50 0.97% 2.32 FHLB 313385HA7 1221/00 179 06/18/01 97.1211 1,000,000.00 971,210.83 28,789.17 1,000,000.00 6.04% BancOne 240 972,537.50 1.85% 3.31 FMAC 31339REN3 08/11/00 342 07/19/01 94.0450 500,000.00 470,225.01 29,774.99 500,000.00 6.65% FSW 240 484,138.89 0.90% 3.06 FNMA 31364CHX9 06/28/00 399 08/07/01 99.6650 700,000.00 697,655.00 70,245.00 770,245.00 7.00% 6.690% 20,962.00 FSW 2,680.00 240 702,931.25 1.37% 5.46 FHLB 3133MCAZ8 0928/00 360 0928/01 100.0000 675,000.00 675,000.00 43,875.00 718,875.00 6.50% 6.500% JWG 240 677,531.25 1.29% 4.63 Subtotal 7,332,663.88 7,204,395.69 325,603.61 7,537,283.88 53,021.72 7,619.58 0.00 subtotal 7,254,515.27 13.83% 29.88 Fund 301-Developer's Escrow LOGIC N/A 100.0000 2,584.95 2,584.95 2,584.95 6.50% LOGIC 301 2,584.95 0.00% 0.00 FGIC N/A 100.0000 0.00 0.00 0.00 6.59% FGIC 301 0.00 0.00% 0.00 FNMA 313589BBS 02/22/00 339 0126/01 94.2653 300,000.00 282,795.75 17,204.25 300,000.00 6.47% JWG 301 298,656.67 0.54% 1.83 FNMA 31364BJY3 0420/00 318 03/08/01 99.3438 500,000.00 496,718.75 28,600.00 528,600.00 6.49% 5.720% 3,336.67 JWG 3,281.25 301 499,468.75 0.95% 3.03 FNMA 31359MEF6 08/11/00 424 10/15/01 97.7031 225,000.00 219,832.03 15,609.38 240,609.38 6.68% 4.625% 3,353.13 Merrill 5,167.97 301 222,820.31 0.43% 1.80 Subtotal 1,027,584.95 1,001,931.48 61,413.63 1,071,794.32 6,689.80 8,449.22 0.00 subtotal 1,023,530.68 1.92% 6.66 Fund 305Stnnets CIP LOGIC WA 100.0000 3,380,852.11 3,380,852.11 0.00 3,380,852.11 6.50% LOGIC 305 3,380,852.11 6.44% 0.00 FMAC 313397BH3 08/10/00 175 02/01/01 96.9181 100,000.00 96,918.06 3,081.94 100,000.00 6.65% JWG 305 99,448.89 0.18% 0.32 FNMA 31364GRK7 0120/00 372 02/02/01 98.6875 175,000.00 172,703.13 13,545.00 188,545.00 6.49% 5.160% 4,214.00 Merrill 2,296.87 0.00 305 174,835.94 0.34% 1.25 FHLMC 3134A2HW7 01/06/00 519 06/15/01 99.2500 400,000.00 397,000.00 36,000.00 436,000.00 6.55% 6.000% 1,400.00 FSW 3,000.00 0.00 305 399,750.00 0.76% 3.94 FHLB 3133M7ER3 10/16/00 281 0727/01 99.1490 500,000.00 495,745.00 26,875.00 526,875.00 6.50% 5.375% 5,897.57 FSW 4,255.00 305 498,125.00 0.96% 2.69 FHLB 3133M6DM7 01/07/00 669 11/16/01 97.7188 100,000.00 97,718.75 10,490.00 110,490.00 6.56% 5.245% 743.04 Banc One 2,281.25 0.00 305 99,500.00 0.19% 1.26 Subtotal 4,655,852.11 4,640,937.04 89,991.94 4,742,762.11 12,254.61 11,833.12 0.00 subtotal 4,652,511.94 8.87% 9.46 Fund 310-Haff Cent CIP LOGIC WA 100.0000 28,949.69 28,949.69 0.00 28,949.69 6.50% LOGIC 310 28,949.69 0.06% 0.00 FGIC WA 100.0000 255,183.56 255,183.56 0.00 255,183.56 6.59% FGIC 310 255,183.56 0.49% 0.00 FNMA 313589BB8 0222/00 339 0126/01 94.2653 700,000.00 659,856.75 40,143.25 700,000.00 6.47% JWG 310 696,865.56 1.26% 4.26 Subtotal 984,133.25 943,990.00 40,143.25 984,133.25 0.00 0.00 0.00 subtotal 980,998.80 1.80% 4.26 Fund 320-G.O.CIP-Fire Station LOGIC N/A 100.0000 21,330.61 21,330.61 21,330.61 6.50% LOGIC 320 21,330.61 0.04% 0.00 Texpool N/A 100.0000 0.00 0.00 0.00 6.50% Texpool 320 0.00 0.00% 0.00 Subtotal 21,330.61 21,330.61 21,330.61 0.00 0.00 0.00 subtotal 21,330.61 0.04% 0.00 Fund 325-Police Facility CIP LOGIC WA 100.0000 9,084.68 9,084.68 9,084.68 6.50% LOGIC 325 9,084.68 0.02% 0.00 Texpool WA 100.0000 5,231,374.18 5,231,374.18 5,231,374.18 6.50% Texpool 325 5,231,374.18 9.97% 0.00 FHLB 313385BP0 08/11/00 180 02/07/01 96.8250 500,000.00 484,125.00 15,875.00 500,000.00 6.67% Merrill 325 496,727.78 0.92% 1.66 FHLB 3133MAVL0 08/14/00 181 02/15/01 99.9000 510,000.00 509,490.00 33,124.50 543,124.50 6.70% 6.495% 16,470.24 FSW 510.00 325 510,000.00 1.00% 1.81 FHLMC 3134A3UQ7 10/13/00 242 06/15/01 99.5000 1,000,000.00 995,000.00 57,500.00 1,057,500.00 6.51% 5.750% 18,847.22 BancOne 5,000.00 325 998,281.25 1.93% 4.68 FMAC 31339REN3 08/10/00 343 07/19/01 94.0547 500,000.00 470,273.33 29,726.67 500,000.00 6.62% JWG 325 484,138.89 0.90% 3.07 FNMA 31364G3C1 10/16/00 278 0724/01 99.5433 100,000.00 99,543.30 6,000.00 106,000.00 6.60% 6.000% 1,366.67 Duncan 456.70 325 100,000.00 0.19% 0.53 Subtotal 7,850,458.85 7,798,890.49 142,226.17 7,947,083.35 36,684.13 5,966.70 0.00 subtotal 7,829,606.77 14.93% 11.76 Fund 401-Debt Service LOGIC WA 100.0000 763,637.79 763,637.79 763,637.79 6.50% LOGIC 401 763,637.79 1.46% 0.00 Texpool N/A 100.0000 68,199.20 68,199.20 68,199.20 6.50% Texpool 401 68,199.20 0.13% 0.00 FGIC N/A 100.0000 0.00 0.00 0.00 6.59% FGIC 401 0.00 0.00% 0.00 Subtotal 831,836.99 831,836.99 0.00 831,836.99 0.00 0.00 0.00 subtotal 831,836.99 1.59% 0.00 Fund 402Star Center Debt Service Texpool N/A 100.0000 560,034.75 580,034.75 580,034.75 6.50% Texpool 402 580,034.75 1.11% 0.00 Subtotal 580,034.75 580,034.75 0.00 580,034.75 0.00 0.00 0.00 subtotal 580,034.75 1.11% 0.00 City ofAlft Invest not As of Decem 2000 Investment Type Institution LOGIC Local Gov't Pod FNMA Fed.Nat'l Mort.Assoc. FHLB Fed.Home Loan Bank JWG JW Genesis FSW First Southwest LNDMRK Landmark Bank FGIC Money Market Pod FFCB Fed.Farre Credit Bank FMAC Fed.Home Loan Mort.Corp. Vining Vining Sparks Merrill Merrill Lynch LOGIC Local Gott Investment Cooperative Texpod Local Gov't Pod TNOTE Treasury Note CD Certificate of Deposit BancOne Banc One Capital Everen Everen Securities FGIC Financial Investors Trust Duncan Duncan Williams Texpool TEXPOOL Cost Accrued Inv. Cusip Purchase Term Maturity Price Par Book Value Interest Total Prin.+ Yield To Coupon Interest Seller Market %of LM Num Qtt Q= (in days l pAte Per$100 Value (Prin.Oniv1 db mat'v Int.®Mary Maty(j(y $ille Purchased 11:111, Discount Premium Fund YAW!: Portfolio WM Fund 410-EDC Debt Service LOGIC N/A 100.0000 0.00 0.00 0.00 6.50% LOGIC 410 0.00 0.00% 0.00 Subtotal 0.00 0.00 0.00 0.00 0.00 0.00 0.00 subtotal 0.00 0.00% 0.00 Fund 501-Water and Sewer LOGIC WA 100.0000 161,897.99 161,897.99 161,897.99 6.50% LOGIC 501 161,897.99 0.31% 0.00 FGIC N/A 100.0000 0.00 0.00 0.00 6.59% LOGIC 501 0.00 0.00% 0.00 FHLB 31338581-18 02/11/00 356 02/01/01 93.9876 500,000.00 469,937.78 30,062.22 500,000.00 6.47% Merrill 501 497,244.44 0.90% 3.19 FNMA 31364BUU2 08/09/00 173 02/02/01 99.3750 150,000.00 149,062.50 4,125.00 154,125.00 6.84% 5.500% 160.42 Merrill 937.50 501 149,906.25 0.28% 0.49 FHLB 313M9KU5 OB/16/99 540 02/16/01 100.0000 500,000.00 500,000.00 45,225.00 545,225.00 6.03% 6.030% Everen 501 499,843.75 0.95% 5.15 FHLMC 3134A38B1 05/12/00 289 03/01/01 98.7290 1,000,000.00 987,290.00 53,750.00 1,053,750.00 7.02% 5.375% 10,600.69 JWG 12,710.00 501 998,437.50 1.90% 5.50 FHLB 3133M9YK2 02/04/00 422 04/06/01 99.3438 500,000.00 496,718.75 45,150.00 545,150.00 6.60% 6.020% 9,866.11 Merrill 3,281.25 501 499,687.50 0.97% 4.07 FNMA 31364KMD9 04/28/00 358 0426/01 99.9420 500,000.00 499,710.00 32,850.00 532,850.00 6.63% 6.570% 182.50 JWG 290.00 501 500,468.75 0.95% 3.41 FNMA 313589!80 0721/00 357 07/13/01 93.6633 100,000.00 93,663.25 6,336.75 100,000.00 6.80% Merrill 501 96,874.44 0.18% 0.64 FHLB 3133M7ER3 10/13/00 284 0727/01 99.1303 200,000.00 198,260.55 10,750.00 210,750.00 6.51% 5.375% 0.00 Duncan 1,739.45 501 199,250.00 0.38% 1.07 FNMA 31364CHX9 0628/00 399 08/07/01 99.6650 100,000.00 99,665.00 10,035.00 110,035.00 7.00% 6.690% FSW 501 100,418.75 0.19% 0.76 FNMA 31364F4H1 1222/00 231 08/13/01 99.8281 1,000,000.00 998,281.25 58,000.00 1,058,000.00 6.06% 5.800% 20,783.33 Duncan 1,718.75 501 1,000,000.00 1.94% 4.49 FHLMC 3134A24C9 05/03/00 464 08/17/01 97.9688 500,000.00 489,843.75 40,312.50 540,312.50 7.04% 5.375% 5,673.61 FSW 10,156.25 501 498,125.00 0.94% 4.38 FNMA 31364G6W4 10/30/00 314 09/14/01 99.4063 650,000.00 646,140.63 39,650.00 689,650.00 6.80% 6.100% 5,066.39 Merrill 3,859.37 501 651,015.63 1.24% 3.90 FFCB 31331HG35 08/22/00 399 10/01/01 99.2597 635,000.00 630,299.36 57,150.00 692,150.00 6.70% 6.000% 14,922.50 FSW 4,700.64 501 634,801.56 1.23% 4.91 FHLB 3133M6.158 07/13/00 460 1123/01 98.0748 500,000.00 490,374.00 41,250.00 541,250.00 7.00% 5.500% 3,819.44 Banc One 9,626.00 501 497,812.50 0.94% 4.33 FNMA 31364CWR5 1023/00 470 02/13/02 99.5625 728,000.00 724,815.00 69,232.80 797,232.80 6.69% 6.340% 8,974.62 Merrill 3,185.00 501 728,910.00 1.40% 6.57 Subtotal 7,724,897.99 7,635,959.80 543,879.27 8,232,378.29 80,049.61 52,204.21 0.00 subtotal 7,714,694.06 14.71% 52.85 Fund 502-W8S CIP LOGIC WA 100.0000 2,692,487.54 2,692,487.54 2,692,487.54 6.50% LOGIC 502 2,692,487.54 5.13% 0.00 FGIC WA 100.0000 0.00 0.00 0.00 6.59% FGIC 502 0.00 0.00% 0.00 FHLB 312902RB7 0126/00 716 0122/02 100.0000 500,000.00 500,000.00 68,600.00 568,600.00 6.86% 6.860% 476.39 JWG 0.00 0.00 502 500,937.50 0.95% 6.83 Subtotal 3,192,487.54 3,192,487.54 68,600.00 3,261,087.54 476.39 0.00 0.00 subtotal 3,193,425.04 6.08% 6.83 Fund 505-Water Impact Fees LOGIC WA 100.0000 20,935.01 20,935.01 20,935.01 6.50% LOGIC 505 20,935.01 0.04% 0.00 FGIC N/A 100.0000 0.00 0.00 0.00 0.00 6.59% FGIC 505 0.00 0.00% 0.00 FMAC 313397BH3 08/10/00 175 02/01/01 96.9181 300,000.00 290,754.17 9,245.83 300,000.00 6.65% JWG 505 298,346.67 0.55% 0.97 FFCB 31331RA21 1221/00 263 09/14/01 99.5000 250,000.00 248,750.00 13,125.00 263,125.00 5.95% 5.250% 3,536.46 Banc One 1,250.00 505 248,906.25 0.48% 1.26 FHLB 3133MAMF3 0125/00 720 0125/02 100.0000 500,000.00 500,000.00 68,100.00 568,100.00 6.81% 6.810% 0.00 JWG 0.00 0.00 505 500,156.25 0.95% 6.86 FHLB 3133M5UB4 1227/00 642 10/09/02 99.2800 100,000.00 99,280.00 11,160.00 111,160.00 6.01% 5.580% 1,209.00 Banc One 720.00 505 99,500.00 0.19% 1.23 Subtotal 1,170,935.01 1,159,719.18 101,630.83 1,263,320.01 4,745.46 1,970.00 0.00 subtotal 1,167,844.18 2.22% 10.32 Fund 506-W8S Debt Service LOGIC WA 100.0000 29,242.10 29,242.10 29,242.10 6.50% LOGIC 506 29,242.10 0.06% 0.00 Subtotal 29,242.10 29,242.10 0.00 29,242.10 subtotal 29,242.10 0.06% 0.00 Fund 507-W8S Emergency LOGIC N/A 100.0000 0.00 0.00 0.00 6.50% LOGIC 507 0.00 0.00% 0.00 FMAC 3134A3TE6 06/07/99 1080 06/07/02 100.0000 500,000.00 500,000.00 90,000.00 590,000.00 6.00% 6.000% Everen 507 499,375.00 0.95% 10.29 Subtotal 500,000.00 500,000.00 90,000.00 590,000.00 subtotal 499,375.00 0.95% 10.29 Fund 508-Wastewater Impact Fees LOGIC WA 100.0000 6,159.14 6,159.14 6,159.14 6.50% LOGIC 508 6,159.14 0.01% 0.00 FHLB W3393VR8 0629/00 263 0322/01 99.4685 500,000.00 497,342.38 30,800.00 530,800.00 6.90% 6.160% 8,298.89 DW 2,657.62 508 499,843.75 0.96% 2.53 FHLB 313385EP7 0428/00 357 0420/01 93.8021 500,000.00 469,010.42 30,989.58 500,000.00 6.65% MERRILL 508 490,756.94 0.89% 3.19 FHLB 3133M4RX3 04/19/00 423 0622/01 98.8870 250,000.00 247,217.50 21,037.50 271,037.50 6.60% 5.610% 4,558.13 IANC ONE 2,782.50 508 249,375.00 0.48% 2.03 Subtotal 1,256,159.14 1,219,729.44 82,827.08 1,307,996.64 12,857.02 5,440.12 0.00 subtotal 1,246,134.84 2.35% 7.75 Fund S10-Drainage LOGIC N/A 100.0000 241,745.14 241,745.14 241,745.14 6.50% LOGIC 510 241,745.14 0.46% 0.00 FGIC N/A 100.0000 0.00 0.00 0.00 6.59% FGIC 510 0.00 0.00% 0.00 FNMA 313589JB0 0721/00 357 07/13/01 93.6633 400,000.00 374,653.00 25,347.00 400,000.00 6.80% Merrill 510 387,497.78 0.71% 2.55 Subtotal 641,745.14 616,398.14 25,347.00 641,745.14 0.00 0.00 0.00 subtotal 629,242.91 1.17% 2.55 In not As of Decem 1,2000 Investment Type Institution r LOGIC Local Gov't Pool FNMA Fed.Nat'l Mort.Assoc. FHLB Fed.Home Loan Bank JWG JW Genesis FSW First Southwest LNDMRK Landmark Bank FGIC Money Market Pod FFCB Fed.Farts Credit Bank FMAC Fed.Home Loan Mort.Corp. Vining Vining Sparks Merrill Merrill Lynch LOGIC Local Govt Investment Cooperative Texpod Local Govt Pool TNOTE Treasury Note CD Certificate of Deposit BancOne Banc One Capital Everen Everen Securities FGIC Financial Investors Trust Duncan Duncan Williams Texpool TEXPOOL Cost Accrued Inv. Cusip Purchase Term Maturity Price Par Book Value Interest Total Prin.+ Yield To Coupon Interest Seller Market %of ZU Numbs L Qettt (in dm QaW Per 5100 Value (Prin.Only) db mat'y Int.911)Mar Maturl(y &W pyo 1115L Discount Premium Fund Value pgD[gpQ Yy� Fund 511-Drainage CIP LOGIC WA 100.0000 214,393.33 214,393.33 214,393.33 6.50% LOGIC 511 214,393.33 0.41% 0.00 FGIC WA 100.0000 109,123.25 109,123.25 0.00 109,123.25 6.59% FGIC 511 109,123.25 0.21% 0.00 Subtotal 323,516.57 323,516.57 0.00 323,516.57 0.00 0.00 0.00 subtotal 323,516.57 0.62% 0.00 Fund 520-Recreation Classes LOGIC WA 100.0000 88,865.14 88,865.14 88,865.14 6.50% LOGIC 520 88,865.14 0.17% 0.00 Fund 521-Arbor Daze LOGIC N/A 100.0000 162,702.62 162,702.62 162,702.62 6.50% LOGIC 521 162,702.62 0.31% 0.00 FGIC WA 100.0000 0.00 0.00 0.00 0.00 6.59% FGIC 521 0.00 0.00% 0.00 Subtotal 162,702.62 162,702.62 0.00 162,702.62 0.00 0.00 0.00 subtotal 162,702.62 0.31% 0.00 Fund 530Softball World-Operating LOGIC N/A 100.0000 20,603.20 20,603.20 0.00 20,603.20 6.50% LOGIC 530 20,603.20 0.04% 0.00 FGIC N/A 100.0000 1,802.86 1,802.86 0.00 1,802.86 6.59% FGIC 530 1,802.86 0.00% 0.00 FMAC 313397BH3 08/10/00 175 02/01/01 96.9181 100,000.00 96,918.06 3,081.94 100,000.00 6.65% JWG 530 99,448.89 0.18% 0.32 CD 04/23/00 365 04/23/01 100.0000 5,000.00 5,000.00 0.00 5,000.00 5.50% 5.500% landmark 530 5,000.00 0.01% 0.03 FHLB 3133M7ER3 10/13/00 284 07/27/01 99.1303 300,000.00 297,390.83 16,125.00 316,125.00 6.51% 5.375% 5,673.61 Duncan 2,609.16 530 298,875.00 0.58% 1.64 Subtotal 427,406.05 421,714.94 19,206.94 443,531.05 5,673.61 2,609.16 0.00 subtotal 425,729.94 0.81% 2.00 Fund 5314oftball World-CIP&Debt LOGIC WA 100.0000 0.00 0.00 0.00 0.00 6.50% LOGIC 531 0.00 0.00% 0.00 Fund 540-Goff Course LOGIC WA 100.0000 3,917.45 3,917.45 3,917.45 6.59% LOGIC 540 3,917.45 0.01% 0.00 Texpool WA 100.0000 0.00 0.00 0.00 6.59% Texpool 540 0.00 0.00% 0.00 FGIC WA 100.0000 0.00 0.00 0.00 6.59% FGIC 540 0.00 0.00% 0.00 FHLMC 3134AOXB3 08/22/00 195 03/07/01 99.5156 100,000.00 99,515.63 5,880.00 105,880.00 6.80% 5.880% 2,695.00 Merrill 484.37 540 99,937.50 0.19% 0.38 FNMA 31359MEF6 09/07/00 398 10/15/01 97.7656 50,000.00 48,882.81 3,468.75 53,468.75 6.75% 4.625% 912.15 Merrill 1,117.19 540 49,515.63 0.09% 0.38 FHLMC 3134A2ZJ0 09/07/00 457 12/14/01 97.5859 50,000.00 48,792.97 3,562.50 53,562.50 6.76% 4.750% 540.97 Merrill 1,207.03 540 49,515.63 0.09% 0.43 Subtotal 203,917.45 201,108.85 12,911.25 216,828.70 4,148.12 2,808.59 0.00 subtotal 202,886.20 0.39% 1.19 Fund 552-Phase II Athletic Complex LOGIC N/A 100.0000 59,856.36 59,856.36 0.00 59,856.36 6.50% LOGIC 551 59,856.36 0.11% 0.00 FGIC WA 100.0000 0.00 0.00 0.00 0.00 6.59% FGIC 551 0.00 0.00% 0.00 Subtotal 59,856.36 59,856.36 0.00 59,856.36 0.00 0.00 0.00 subtotal 59,856.36 0.11% 0.00 Fund 601-Equipment Replacement LOGIC N/A 100.0000 255,247.83 255,247.83 255,247.83 6.50% LOGIC 601 255,247.83 0.49% 0.00 FGIC WA 100.0000 0.00 0.00 0.00 6.59% FGIC 601 0.00 0.00% 0.00 FNMA 31364F3S8 10/30/00 276 08/06/01 99.3125 210,000.00 208,556.25 12,411.00 222,411.00 6.83% 5.910% 2,895.90 Merrill 1,443.75 601 210,000.00 0.40% 1.11 Subtotal 465,247.83 463,804.08 12,411.00 477,658.83 2,895.90 1,443.75 0.00 Subtotal 465,247.83 0.89% 1.11 Fund 6104nsurance LOGIC N/A 100.0000 147,730.21 147,730.21 147,730.21 6.50% LOGIC 610 147,730.21 0.28% 0.00 FGIC WA 100.0000 0.00 0.00 0.00 6.59% FGIC 610 0.00 0.00% 0.00 FMAC 312902LUl 04/28/00 263 01/16/01 95.4507 300,000.00 286,352.16 13,647.84 300,000.00 6.60% FSW 610 299,173.33 0.55% 1.44 subtotal 447,730.21 434,082.37 13,647.84 447,730.21 subtotal 446,903.54 0.83% 1.44 Fund 615-Risk Management LOGIC N/A 100.0000 154,370.01 154,370.01 154,370.01 6.50% LOGIC 615 154,370.01 0.29% 0.00 FGIC N/A 100.0000 0.00 0.00 0.00 6.59% FGIC 615 0.00 0.00% 0.00 FHLMC 3134A2H92 09/08/00 479 01/07/02 98.4063 500,000.00 492,031.25 41,625.00 541,625.00 6.81% 5.550% 4,702.08 Vining 7,968.75 615 498,593.75 0.95% 4.53 Subtotal 654,370.01 646,401.26 41,625.00 695,995.01 4,702.08 7,968.75 0.00 subtotal 652,963.76 1.24% 4.53 rk Sank Cooperative CA-Ye-and ��Gott investment Institution LNDMRK inves ember 31.2000 tIhwest LOGIC f inanciaf Investors tn's As of pec Fits OL FSW Merrill Lynch FGxp TEXPO _-- JW Genesis Mer00 Everen Secur* fexp %of JWG Vining SPa ritene al Everen Market Loan Bank v��cone Duncan Wiliiams 6t04 YHlLL6 nttYPe fed.Home Mort Accrued Seller _,_ ,etEMMUM 3.86% 0 .00 M Corp Duncan tt%0 Inveatrns FHLB Home Loan To Coup' interest 1051 2,028 07615 FNMA Fed.NaCI C�4 580 FCO F�ificate of DeP�d _��__,,,�Q�qe�d 705 Yield B� Y�'"'� 0.00 FFCS Fed.Fa Note Total MOO, 0.00% LOGIC Lots GOIA Market l ?NOTE T -ry �t Interest 10 _- Texp� 0.00 FGIC (;; t Pool Book 0& 710 106.00% 211.04 Se%0od Par LEm-W111+ 6.50°h 5.2575,46`1.26 Y;31� LOGIC 3,579.42 TOTAL 'P-fl`c'eo0 2.026,076.1 Purchase Tern, Mat p -Ta" 6.50% 124,611.05 wlom WA 2,028,076.15 384.76 Mv, skp,MOW � 0000 2,028,076.15 0.00 266, DO stars Escrow R05erve 100. 0.00 54,457,642.26 rood705'DeiMs A 0.00 2,129.>�3.T9 Texpcd ency 100.E 52,206,716.82 VW DEAtask Force trust and Ag 52,739,646.34 Fund 710 HIA LOGIC TOTAI- r..-- CIN Euless Investment by Fund As of March 31,2001 InvestmentType Institution LOGIC Local Govt Pod FNMA Fed.Nat1 Mort.Assoc. FMAC Fed.Home Loan Mort.Corp. 1ST Union First Union Capital A FSW First Southwest LOGIC Local Govt Investment Coop. FDIC Money Market Pod FFCB Fed.Farts Credit Bank CD Certificate of Deposit Vining Vining Sparks Merrill Merrill Lynch FGIC Financial Investors Trust Texpoo Local Govt Pod FHLB Fed.Home Loan Bank BancOne Banc One Capital Everen Everen Securities Texpool TEXPOOL Duncan Duncan Williams LNDMRK landmark Bank Cost Accrued Inv. Cuslp Purchase Tenn Maturity Call Price Par Book Value Interest Total Prin.+ Yield To Coupon Interest Seller Market %of I= CLImQ& QaI2 (in days Qale Qalfl Per 5100 yea (Pdn_Only 0 mat'v Int.®Mary Maturi tjat0 Purchased 101L Discou0t Premium Fund YA10 Portfolio IOW Fund 101General Fund LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 101 0.00 0.00% 0.00 FGIC WA 100.0000 64,294.08 64,294.08 64,294.08 5.47% FGIC 101 64,294.08 0.13% 0.00 FHLB 313385FG6 05/12/00 360 05/07/01 93.4100 750,000.00 700,575.00 49,425.00 750,000.00 7.03% Merrill 101 746,261.46 1.46% 5.26 FNMA 31364KNK2 05/17/00 360 05/17/01 99.9350 1,000,000.00 999,350.00 70,000.00 1,070,000.00 7.07% 7.000% 0.00 Banc One 650.00 101 1,002,812.50 2.08% 7.50 FMAC 3134A3UO7 1221/00 174 06/15/01 99.8329 800,000.00 798,663.47 23,000.00 823,000.00 6.10% 5.750% 766.67 FSW 1,336.53 101 801,750.00 1.67% 2.90 FNMA 31364CHN1 1221/00 220 08/01/01 100.3579 1,000,000.00 1,003,579.42 66,700.00 1,066,700.00 6.05% 6.670% 25,938.89 Duncan 0.00 3,579.42 101 1,003,875.00 2.15% 4.72 FNMA 313589KE2 0223/01 167 08/09/01 97.7687 200,000.00 195,537.39 4,462.61 200,000.00 4.99% 1ST Union 101 196,746.83 0.41% 0.68 FNMA 313589LN1 02/02/01 220 09/10/01 97.0422 550,000.00 533,732.22 16,267.78 550,000.00 5.04% 1ST Union 101 538,968.07 1.11% 2.45 FHLB 3133MCAZB 0928/00 360 0928/01 100.0000 325,000.00 325,000.00 21,125.00 346,125.00 6.50% 6.500% 1ST Union 101 328,148.44 0.68% 2.44 FHLB 3133M5R77 01/13/00 622 10/05/01 98.1560 500,000.00 490,780.00 55,930.00 555,930.00 6.73% 5.593% 7,612.69 FSW 9,220.00 0.00 101 500,000.00 1.04% 6.46 FNMA 31364GQA0 01/17/01 367 0124/02 99.8750 500,000.00 499,375.00 40,050.00 540,050.00 5.47% 5.340% 12,830.83 Merrill 625.00 101 500,000.00 1.07% 3.92 FHLB 3133MAT74 0128/01 379 02/15/02 101.5625 500,000.00 507,812.50 50,625.00 550,625.00 5.20% 6.750% 15,093.75 Merrill 7,812.50 101 509,271.88 1.09% 4.13 FHLB 313385TCO 0223/01 357 02/15/02 95.3888 1,000,000.00 953,887.50 46,112.50 1,000,000.00 4.88% Merrill 101 961,925.83 1.99% 7.10 FMAC 312923CU7 01/18/01 540 07/18/02 04/18/01 100.0000 400,000.00 400,000.00 31,920.00 431,920.00 5.32% 5.320% 1ST Union 101 400,125.00 0.83% 4.50 FHLB 3133M62Z0 0223/01 605 1028/02 0428/01 100.0000 500,000.00 500,000.00 55,000.00 555,000.00 5.49% 5.500% 8,784.72 Banc One 101 500,234.38 1.06% 6.41 Subtotal 8,089,294.08 7,972,586.59 530,617.89 8,503,844.08 71,027.55 11,831.53 11,391.92 subtotal 8,054,413.46 16.76% 58.46 Fund 102General Fund-Emergency FHLB 3133MBBF4 11/04198 900 05/04/01 100.0000 500,000.00 500,000.00 64,000.00 564,000.00 5.12% 5.120% Everen 102 500,156.25 1.04% 9.38 Fund 103General Fund Contingency FHLB 3133M6BF4 11/04/98 900 05/04/01 100.0000 500,000.00 500,000.00 64,000.00 564,000.00 5.12% 5.120% Everen 103 500,156.25 1.04% 9.38 Fund 201-Hotel/Motel LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 201 0.00 0.00% 0.00 FGIC WA 100.0000 166.46 166.46 166.46 5.47% FGIC 201 166.46 0.00% 0.00 FNMA 313689PE7 02/02/01 284 11/13/01 96.2528 100,000.00 96,252.78 3,747.22 100,000.00 4.96% Merrill 201 97,238.17 0.20% 0.57 subtotal 100,166.46 96,419.24 3,747.22 100,166.46 subtotal 97,404.63 0.20% 0.57 Fund 210-Half Cent Operations LOGIC WA 100.0000 0.00 0.00 0.00 0.00 5.54% LOGIC 210 0.00 0.00% 0.00 Texpoo WA 100.0000 552,483.82 552,483.82 0.00 552,483.82 5.47% FGIC 210 552,483.82 1.15% 0.00 FGIC WA 100.0000 81,248.82 81,248.82 0.00 81,248.82 5.47% FGIC 210 81,248.82 0.17% 0.00 Subtotal 633,732.65 633,732.65 0.00 633,732.65 0.00 0.00 0.00 subtotal 633,732.65 1.32% 0.00 Fund 2114falf Cent Reserve FGIC WA 100.0000 996,816.85 996.816.85 0.00 996,816.85 5.47% FGIC 211 996,816.85 2.08% 0.00 Fund 220Crlme Control and Prevention LOGIC WA 100.0000 0.00 0.00 0.00 0.00 5.54% LOGIC 220 0.00 0.00% 0.00 FGIC WA 100.0000 29,849.49 29,849.49 0.00 29,849.49 5.47% FGIC 220 29,849.49 0.06% 0.00 FNMA 313589PE7 02/02/01 284 11/13/01 96.2528 300,000.00 288,758.33 11,241.67 300,000.00 4.96% Merrill 220 291,714.50 0.60% 1.71 Subtotal 329,849.49 318,607.83 11,241.67 329,849.49 0.00 0.00 0.00 subtotal 321,563.99 0.66% 1.71 Fund 230-Police DEA(Federal) LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 230 0.00 0.00% 0.00 FGIC WA 100.0000 95,619.67 95,619.67 95,619.67 5.47% FGIC 230 95,619.67 0.20% 0.00 FNMA 313589LN1 02/02/01 220 09/10/01 97.0422 450,000.00 436,690.00 13,310.00 450,000.00 5.04% 1ST Union 230 440,973.87 0.91% 2.00 Subtotal 545,619.67 532,309.67 13,310.00 545,619.67 0.00 0.00 0.00 subtotal 536,593.54 1.11% 2.00 Fund 231-Police DEA(State) LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 231 0.00 0.00% 0.00 FGIC WA 100.0000 13,271.44 13,271.44 13,271.44 5.47% FGIC 231 13,271.44 0.03% 0.00 Subtotal 13,271.44 13,271.44 0.00 13,271.44 0.00 0.00 0.00 subtotal 13,271.44 0.03% 0.00 Fund 232+-1W DEA Task Force LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 232 0.00 0.00% 0.00 FGIC WA 100.0000 81,453.91 81,453.91 81,453.91 5.47% FGIC 232 81,453.91 0.17% 0.00 Subtotal 81,453.91 81,453.91 0.00 81,453.91 0.00 0.00 0.00 subtotal 81,453.91 0.17% 0.00 Fund 233-LLEBG 99 LOGIC WA 100.0000 0.00 0.00 0.00 0.00 5.54% LOGIC 233 0.00 0.00% 0.00 FGIC WA 100.0000 64,761.61 64,761.61 64,761.61 5.47% FGIC 233 64,761.61 0.13% 0.00 Subtotal 64,761.61 64,761.61 0.00 64,761.61 0.00 0.00 0.00 subtotal 64,761.61 0.13% 0.00 Fund 2354.LEBG 98 LOGIC WA 100.0000 0.00 0.00 0.00 0.00 5.54% LOGIC 235 0.00 0.00% 0.00 Fund 240Csr Rental Fund LOGIC WA 100.0000 0.00 0.00 0.00 0.00 5.54% LOGIC 240 0.00 0.00% 0.00 FGIC WA 100.0000 273.62 273.62 273.62 5.47% FGIC 240 273.62 0.00% 0.00 �BIIIII CIN of Euless Investment by Fund 0 As of March 31,2001 Investment Type Institution LOGIC Local Govt Pod FNMA Fed.NaCl Mort.Assoc. FMAC Fed.Home Loan Mort.Corp. 1ST Union First Union Capital A FSW First Southwest LOGIC Local Govt Investment Coop. ' FGIC Money Market Pod FFCB Fed.Farts Credit Bank CD Certificate of Deposit Vining Vining Sparks Merrill Merrill Lynch FGIC Financial Investors Trust Texpoo Local Govt Pod FHLB Fed.Home Loan Bank BancOne Banc One Capital Everen Everen Securities Texpool TEXPOOL Duncan Duncan Williams LNDMRK Landmark Bank Cost Accrued Inv. Cuslp Purchase Term Maturity Call Price Par Book Value Interest Total Pnn.+ Yield To Coupon Interest Seller Market %of I= Num DM jl0dgva; Dale Oaffi Per 5100 Value (Pdn.Only 1 mat Int.®Mat'v Maludy gala Purchased 101L Discou01 Premium EWW Y." Portfolio WM Texpoo WA 100.0000 68,723.08 68,723.08 68,723.08 5.47% Texpool 240 68,723.08 0.14% 0.00 FNMA 313589EF6 10/13/00 181 04/12/01 96.8426 1,000,000.00 988,425.56 31,574.44 1,000,000.00 6.57% Merrill 240 998,350.00 2.02% 3.65 FNMA 313589EF6 10/16/00 178 04/12/01 96.9048 500.000.00 484,523.89 15,476.11 500,000.00 6.55% FSW 240 499,175.00 1.01% 1.80 FHLB 3133MSEJ2 08/09/00 257 0428/01 99.9280 500,000.00 499,640.00 32,500.00 532,500.00 6.59% 6.500% 9,298.61 BancOne 360.00 240 500,546.88 1.06% 2.73 FHLB 313385HA7 1221/00 179 06/18/01 97.1211 1,000,000.00 971,210.83 28,789.17 1.000,000.00 6.04% BancOne 240 989,708.06 2.02% 3.62 FMAC 31339REN3 08/11/00 342 07/19/01 94.0450 500,000.00 470,225.01 29,774.99 500,000.00 6.65% FSW 240 492,941.67 0.90% 3.35 FNMA 31384CHX9 062&00 399 08/07/01 99.6650 700,000.00 697,655.00 70,245.00 770,245.00 7.00% 6.690% 20,962.00 FSW 2,680.00 240 705,031.25 1.50% 5.97 FHLB 3133MCAZ8 0928/00 360 0928/01 100.0000 675,000.00 675,000.00 43,875.00 718,875.00 6.50% 6.500% 1ST Union 240 681,539.06 1.41% 5.06 Subtotal 4,943,996.69 4,835,676.98 252,234.72 5,090,616.69 30,260.61 3,040.00 0.00 subtotal 4,936,288.60 10.14% 26.19 Fund 30143eveloper's Escrow LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 301 0.00 0.00% 0.00 FGIC WA 100.0000 2,624.70 2,624.70 2,624.70 5.47% FGIC 301 2.624.70 0.01% 0.00 FNMA 31359MEF6 011/11/00 424 10/15/01 97.7031 225,000.00 219,832.03 15,609.38 240,809.38 6.68% 4.625% 3,353.13 Merrill 5,167.97 301 225,210.94 0.47% 1.97 FMAC 313397PHO 02102/01 287 11/16/01 96.2132 500,000.00 481,065.97 18,934.03 500,000.00 4.96% Banc One 301 486,008.33 1.00% 2.88 FHLB 3133MDGH0 03MMI 360 03/06/02 06/06/01 100.0000 500,000.00 500,000.00 25,650.00 525,650.00 5.13% 5.130% 0.00 1STUnlor 0.00 301 502,421.88 1.04% 3.75 Subtotal 1,227,624.70 1,203,522.70 60,193.40 1,268,884.07 3,353.13 5,167.97 0.00 subtotal 1,216,265.85 2.51% 8.60 Fund 305Streets CIP LOGIC WA 100.0000 15,964.46 15,964.46 0.00 15,964.46 5.54% LOGIC 305 15,964.46 0.03% 0.00 FGIC WA 100.0000 6,346.85 6,346.85 0.00 6,346.85 5.54% LOGIC 305 6,346.85 0.01% 0.00 Texpoo WA 100.0000 3,189,826.27 3,189,826.27 0.00 3,189,826.27 5.54% LOGIC 305 3,189,826.27 6.65% 0.00 FHLB 3133M7ER3 10/16/00 281 0727/01 99.1490 500,000.00 495,745.00 26,875.00 526,875.00 6.50% 5.375% 5,897.57 FSW 4,255.00 305 501,171.88 1.05% 2.94 FMAC 313397PHO 02/14/01 275 11/16/01 96.3792 300,000.00 289,137.50 10,862.60 300,000.00 4.95% 1ST Union 305 291,605.00 0.60% 1.66 Subtotal 4,012,137.58 3,997,020.08 37,737.50 4,039,012.58 5,897.57 4,255.00 0.00 subtotal 4,004,914.45 8.34% 4.59 Fund 3104istf Cent CIP LOGIC WA 100.0000 23,627.15 23,627.15 0.00 23,627.15 5.54% LOGIC 310 23,627.15 0.05% 0.00 FGIC WA 100.0000 37,648.58 37,648.58 0.00 37,648.58 5.47% FGIC 310 37,648.58 0.08% 0.00 FMAC 313397PHO 02/14/01 275 11/16/01 96.3792 450,000.00 433,706.25 16,293.75 450,000.00 4.95% 1ST Union 310 437,407.50 0.90% 2.49 FMAC 312923CU7 01/18/01 540 07/18/02 04/18/01 100.0000 300,000.00 300,000.00 23,940.00 323,940.00 5.32% 5.320% 1ST Union 310 300,093.75 0.63% 3.38 Subtotal 811,275.73 794,981.98 40,233.75 835,215.73 0.00 0.00 0.00 subtotal 798,776.98 1.66% 5.86 Fund 320-G.O.CIPflre Station LOGIC WA 100.0000 0.00 0.00 0.00 5.38% LOGIC 320 0.00 0.00% 0.00 Texpoo WA 100.0000 21,531.71 21,531.71 21,531.71 5.38% Texpool 320 21,531.71 0.04% 0.00 Subtotal 21,531.71 21,531.71 21,531.71 0.00 0.00 0.00 subtotal 21.531.71 0.04% 0.00 Fund 325-Police Facility CIP LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 325 0.00 0.00% 0.00 FGIC WA 100.0000 9,224.38 9,224.38 0.00 9,224.38 5.47% FGIC 325 9,224.38 0.02% 0.00 Texpoo WA 100.0000 3,250,894.06 3,250,894.06 3,250,894.06 5.54% Texpool 325 3,250,894.06 6.77% 0.00 FHLMC3/34A3t1O7 10/13/00 242 06115/01 99.5000 1,000,000.00 995,000.00 57,500.00 1,057,500.00 6.51% 5.750% 18,847.22 BancOne 5,000.00 325 1,002,187.50 2.11% 5.11 FMAC 31339REN3 08/10/00 343 07/19/01 94.0547 500,000.00 470,273.33 29,726.67 500,000.00 6.62% 1ST Union 325 492,941.67 0.98% 3.36 FHLB 3133M7T89 02102/01 219 09/11/01 100.1530 1,000,000.00 1,001,530.00 53,400.00 1,053,400.00 5.07% 5.340% 20,915.00 Banc One 0.00 1,530.00 325 1,003,125.00 2.13% 4.67 Subtotal 5,760,118.44 5,726,921.77 140,626.67 5,871,018.44 39,762.22 5,000.00 1,530.00 subtotal 5,758,372.60 12.02% 13.14 Fund 401-Debt Service LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 401 0.00 0.00% 0.00 Texpoo WA 100.0000 38,752.32 38,752.32 38,752.32 5.54% Texpool 401 38,752.32 0.08% 0.00 FGIC WA 100.0000 101,535.54 101,535.54 101,535.54 5.47% FGIC 401 101,535.54 0.21% 0.00 FNMA 313589.107 02/07/01 169 0726/01 97.6763 500,000.00 488,381.25 11,618.75 500,000.00 5.14% FSW 401 492,492.50 1.02% 1.72 Subtotal 640,287.86 628,669.11 11,618.75 640,287.86 0.00 0.00 0.00 subtotal 632,780.36 1.31% 1.72 Fund 402Star Center Debt Service Texpoo WA 100.0000 130,911.33 130,911.33 130,911.33 5.54% Texpool 402 130,911.33 0.27% 0.00 Subtotal 130,911.33 130,911.33 0.00 130,911.33 0.00 0.00 0.00 subtotal 130,911.33 0.27% 0.00 Fund 4104ADC Debt Service LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 410 0.00 0.00% 0.00 Subtotal 0.00 0.00 0.00 0.00 0.00 0.00 0.00 subtotal 0.00 0.00% 0.00 city Of Euless - Investment by Fund As of March 31,2001 Investment Type Institution LOGIC Local Gov't Pod FNMA Fed.Nall Mort.Assoc. FMAC Fed.Home Loan Mort.Corp. 1ST Union First Union Capital h FSW First Southwest LOGIC Local Govt Investment Coop. FGIC Money Market Pod FFCB Fed.Farm Credit Bank CD Certificate of Deposit Vining Vining Sparks Merril Merrill Lynch FGIC Financial Investors Trust Texpo0 Local Govt Pool FHLB Fed.Home Loan Bank BancOne Banc One Capital Everen Everen Securities Texpool TEXPOOL Duncan Duncan Williams LNDMRK Landmark Bank Cost Accrued Inv. Cualp Purchase Tenn Maturity Call Price Par Book Value Interest Total Prn.r Yield To Coupon Interest Seller Market %of I= Numpgt Dale (I0 Gaya Dale Data Per 5100 yaltls (Prin.Only 4b M2y Int.®Ma tY MaludhC Bata Purchased IDSL Discount Premium EUIW YAWa Portfolio )YAM Fund 5014Water and Sever LOGIC WA 100.0000 61,763.54 61,763.54 61,763.54 5.54% LOGIC 501 61,763.54 0.13% 0.00 FGIC WA 100.0000 55,368.68 55,368.68 55,368.68 5.47% LOGIC 501 55,368.68 0.12% 0.00 FHLB 3133M9YK2 02/04/00 422 04/06/01 99.3438 500,000.00 496,718.75 45,150.00 545,150.00 6.60% 6.020% 9,866.11 Merrill 3,281.25 501 500,000.00 1.06% 4.45 FNMA 31364KMD9 04/28/00 356 04/26/01 99.9420 500,000.00 499,710.00 32,850.00 532,850.00 6.63% 6.570% 182.50 1ST Unior 290.00 501 600,625.00 1.04% 3.73 FNMA 313WWBO 0721/00 357 07/13/01 93.6633 100,000.00 93,663.25 6,336.75 100,000.00 6.80% Merrill 501 98,663.33 0.20% 0.70 FHLB 3133M7ER3 10/13/00 284 0727101 99.1303 200,000.00 198,260.55 10,750.00 210,750.00 6.51% 5.375% 0.00 Duncan 1,739.45 501 200,488.75 0.41% 1.17 FNMA 31364CHX9 0628/00 399 08/07101 99.6650 100,000.00 99,665.00 10,035.00 110,035.00 7.00% 6.690% FSW 501 100,718.75 0.21% 0.83 FNMA 31364G6W4 10/30/00 314 09/14101 99.4063 650,000.00 646,140.63 39,650.00 669,650.00 6.80% 6.100% 5,066.39 Merrill 3,859.37 501 654,468.75 1.36% 4.26 FFCB 31331HG35 08/22/00 399 10/01101 99.2597 635,000.00 630,299.36 57,150.00 692,150.00 6.70% 8.000% 14,922.50 FSW 4,700.64 501 639,762.50 1.34% 5.36 FNMA 313589MW0 02/02/01 252 10/12101 96.6470 1,000,000.00 966,470.00 33,530.00 1,000,000.00 4.99% Merrill 501 976,275.00 2.01% 5.08 FNMA 31364K202 0221/01 360 0221/02 0821/01 100.0000 500,000.00 500,000.00 26,250.00 526,250.00 5.25% 5.250% FSW 501 501,328.13 1.04% 3.75 FHLB 3133MDSF1 03/19101 450 06/19/02 06/19/01 100.0000 1,000,000.00 1,000,000.00 62,937.50 1,062,937.50 5.04% 5.035% 0.00 Vining 0.00 501 1,000,625.00 2.08% 9.38 FHLB 3133MSB23 02/12101 623 11/05/02 05/05101 99.9250 800,000.00 799,400.00 80,400.00 880,400.00 5.07% 5.025% 10,631.67 Banc One 600.00 501 600,375.00 1.69% 10.52 FHLB 31331LDGO 03/14101 720 03/14/03 06/14/01 99.9668 500,000.00 499,843.75 52,400.00 552,400.00 5.26% 5.240% 0.00 FSW 156.25 501 501,171.88 1.04% 7.50 FHLB 3133MCQVO 01/18/01 900 07/16/03 07/18/01 100.0000 1,000,000.00 1,000,000.00 150,000.00 1,150,000.00 6.00% 6.000% 0.00 Banc One 0.00 0.00 501 1,004,062.50 2.08% 18.75 Subtotal 7,602,132.22 7,547,303.60 607,439.25 8,169,704.72 40,869.17 14,626.96 0.00 subtotal 7,595,676.80 15.81% 75.49 Fund 502 WSS CIP LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 502 0.00 0.00% 0.00 FGIC WA 100.0000 289,246.17 289,248.17 289,248.17 5.47% FGIC 502 289,248.17 0.60% 0.00 Texpoo WA 100.0000 1,950,961.73 1,950,961.73 1,950,961.73 5.47% Texpool 502 1,950,961.73 4.07% 0.00 FMAC 313397LC3 0126/01 217 08/31101 97.0283 1,000,000.00 970,283.06 29,716.94 1,000,000.00 5.13% 1ST Union 502 981,002.50 2.02% 4.39 Subtotal 3,240,209.89 3,210,492.95 29,716.94 3,240,209.89 0.00 0.00 0.00 subtotal 3,221,212.39 6.69% 4.39 Fund 505-Water Impact Fees LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 505 0.00 0.00% 0.00 FGIC WA 100.0000 21.256.94 21,256.94 0.00 21,256.94 5.47% FGIC 505 21,256.94 0.04% 0.00 FNMA 313589JO7 02/07/01 169 0726/01 97.6763 500,000.00 488,381.25 11,618.75 500,000.00 5.14% FSW 505 492,492.50 1.02% 1.72 FFCB 31331RA21 1221/00 263 09/14/01 99.5000 250,000.00 248,750.00 13,125.00 263,125.00 5.95% 5.250% 3,536.46 Banc One 1,250.00 505 250,781.25 0.53% 1.38 FHLB 3133M8YD0 01/12101 159 1221101 100.5630 500,000.00 502,815.00 14,687.50 514,687.50 5.25% 5.875% 1,713.54 Duncan 0.00 2,815.00 505 504,843.75 1.05% 1.67 FHLB 3133MSUB4 1227/00 642 10/09102 99.2800 100,000.00 99,280.00 11,160.00 111,160.00 6.01% 5.580% 1,209.00 Banc One 720.00 505 100,031.25 0.21% 1.34 Subtotal 1,371,256.94 1,360,483.19 50,591.25 1,410,229.44 6,459.00 1,970.00 2,815.00 subtotal 1,369,405.69 2.85% 6.12 Fund 506W&S Debt Service LOGIC WA 100.0000 0.00 0.00 0.00 5.64% LOGIC 506 0.00 0.00% 0.00 Subtotal 0.00 0.00 0.00 0.00 subtotal 0.00 0.00% 0.00 Fund 507W3S Emergency LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 507 0.00 0.00% 0.00 FNMA 31364)(202 0221101 360 0221/02 0821101 100.0000 500,000.00 500,000.00 26,250.00 526,250.00 5.25% 5.250% FSW 507 501,328.13 1.04% 3.75 Subtotal 500,000.00 500,000.00 26,250.00 526,250.00 subtotal 501,328.13 1.04% 3.75 Fund 5011-Wastewater Impact Fees LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 508 0.00 0.00% 0.00 FGIC WA 100.0000 6,253.85 6,253.85 6,253.85 5.54% FGIC 508 6,253.85 0.01% 0.00 FHLB 313385EP7 0428/00 357 0420/01 93.8021 500,000.00 469,010.42 30,989.58 500,000.00 6.65% Merril 508 496,641.67 0.98% 3.49 FHLB 3133M4RX3 04/19100 423 0622101 98.8870 250,000.00 247,217.50 21,037.50 271,037.50 6.60% 5.610% 4,558.13 Banc One 2,782.50 Soo 250,507.81 0.52% 2.22 FNMA 313589KE2 0223/01 167 08/09/01 97.7687 200,000.00 195,537.39 4,462.61 200,000.00 4.99% 1ST Union 505 196,746.83 0.41% 0.68 Subtotal 956,253.65 918,019.16 56,489.69 977,291.35 4,558.13 2,782.50 0.00 subtotal 952,150.16 1.92% 6.39 Fund 510-Drainage LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 510 0.00 0.00% 0.00 FGIC WA 100.0000 94,220.27 94,220.27 94,220.27 5.47% FGIC 510 94,220.27 0.20% 0.00 FNMA 3135OWBO 0721/00 357 07113/01 93.6633 400,000.00 374,653.00 25,347.00 400,000.00 6.80% Merrill 510 394,653.33 0.78% 2.79 FNMA 313589KE2 0223101 167 08109101 97.7687 100,000.00 97,768.69 2,231.31 100,000.00 4.99% 1ST Union 510 98,373.42 0.20% 0.34 FNMA 313589PE7 02102101 284 11/13/01 96.2528 100,000.00 96,252.78 3,747.22 100,000.00 4.96% Merrill 510 97,238.17 0.20% 0.57 Subtotal 694,220.27 662,894.74 31,325.53 694,220.27 0.00 0.00 0.00 subtotal 684,485.18 1.38% 3.70 Fund 51143ralnage CIP LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 511 0.00 0.00% 0.00 FGIC WA 100.0000 266,986.23 266,966.23 0.00 266,986.23 5.47% FGIC 511 266,986.23 0.56% 0.00 Subtotal 266,986.23 266,986.23 0.00 266,986.23 0.00 0.00 0.00 subtotal 266,986.23 0.56% 0.00 Fund 620-Recreation Classes LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 520 0.00 0.00% 0.00 FGIC WA 100.0000 105,355.86 105,355.88 0.00 105,355.88 5.47% FGIC 520 105,355.88 0.22% 0.00 Subtotal 105,355.88 105,355.88 0.00 105,355.88 0.00 0.00 0.00 subtotal 105,355.88 0.22% 0.00 City of Euless F , Investment by Fund As of March 31,2001 Investment Type Institution LOGIC Local Galt pod FNMA Fed.Nall Mort.Assoc. FMAC Fed.Fiome Loan Mort.Corp. 1ST Union First Union Capital fv FSW First Southwest LOGIC Local Govt Investment Coop. FGIC Money Market Pod FFCB Fed.Farm Credit Bank CD Certificate of Deposit Vining Vining Sparks Merrill Merrill Lynch FGIC Financial Investors Trust Texpoo Local Govt Pod FHLB Fed.Home Loan Bank BancOne Banc One Capital Everen Everen Securities Texpool TEXPOOL Duncan Duncan Williams LNDMRK Landmark Bank Cost Accrued Inv. Cuslp Purchase Term Maturity Call Price Par Book Value Interest Total Prin.+ Yield To Coupon Interest Seller Market %of Imp dumber Q= (in days [M peg Per s100 YALM (Prin.Only) IM mary Int.®Ma tY gyp( &W Purchased 10g(, Disenu0t gym Fund yallyg Portfolio WAM Fund 521-Arbor Daze LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 521 0.00 0.00% 0.00 FGIC WA 100.0000 104,281.92 104,281.92 0.00 104,281.92 5.47% FGIC 521 104,261.92 0.22% 0.00 Subtotal 104,281.92 104,281.92 0.00 104,281.92 0.00 0.00 0.00 subtotal 104,281.92 0.22% 0.00 Fund 530Softball World-Operating LOGIC WA 100.0000 0.00 0.00 0.00 0.00 5.54% LOGIC 530 0.00 0.00% 0.00 FGIC WA 100.0000 52,244.68 52,244.68 0.00 52,244.68 5.47% FGIC 530 52,244.68 0.11% 0.00 CD 0423/00 365 0423101 100.0000 5,000.00 5,000.00 0.00 5,000.00 5.50% 5.500% Landmark 530 5,000.00 0.01% 0.04 FHLB 3133M7ER3 10/13/00 284 0727/01 99.1303 300,000.00 297,390.83 16,125.00 316,125.00 6.51% 5.375% 5,673.61 Duncan 2,609.16 530 300,703.13 0.63% 1.79 Subtotal 357,244.68 354,635.50 16,125.00 373,369.68 5,673.61 2,609.16 0.00 subtotal 357,947.80 0.75% 1.83 Fund 531 Softball WorldCIP 6 Debt LOGIC WA 100.0000 0.00 0.00 0.00 0.00 5.54% LOGIC 531 0.00 0.00% 0.00 Fund 540-Golf Course LOGIC WA 100.0000 0.00 0.00 0.00 5.47% LOGIC 540 0.00 0.00% 0.00 Texpoo WA 100.0000 0.00 0.00 0.00 5.47% Texpool 540 0.00 0.00% 0.00 FGIC WA 100.0000 0.00 0.00 0.00 5.47% FGIC 540 0.00 0.00% 0.00 FNMA 31359MEF6 09/07/00 398 10/15/01 97.7656 50,000.00 48,882.81 3,468.75 53,468.75 6.75% 4.625% 912.15 Merrill 1,117.19 540 50,046.88 0.10% 0.41 FHLMC 3134A27J0 09/07/00 457 12/14/01 97.5859 50,000.00 48,792.97 3,562.50 53,562.50 6.76% 4.750% 540.97 Merrill 1,207.03 540 50,085.94 0.10% 0.47 Subtotal 100,000.00 97,675.78 7,031.25 107,031.25 1,453.12 2,324.22 0.00 subtotal 100,132.81 0.21% 0.88 Fund 552-Phase II Athletic Complex LOGIC WA 100.0000 0.00 0.00 0.00 0.00 5.54% LOGIC 551 0.00 0.00% 0.00 FGIC WA 100.0000 60,776.80 60,776.80 0.00 60,776.80 5.47% FGIC 551 60,776.80 0.13% 0.00 Subtotal 60,776.80 60,776.80 0.00 60,776.80 0.00 0.00 0.00 subtotal 60,776.80 0.13% 0.00 Fund 601-Equipment Replacement LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 601 0.00 0.00% 0.00 FGIC WA 100.0000 128,317.67 128,317.67 128,317.67 5.47% FGIC 601 128,317.67 0.27% 0.00 FNMA 313589KE2 0223/01 167 08/09/01 97.7687 500,000.00 488,843.47 11,156.53 500,000.00 4.99% 1ST Union 601 491,867.08 1.02% 1.70 Subtotal 628,317.67 617,161.14 11.156.53 628,317.67 0.00 0.00 0.00 Subtotal 620.184.75 1.29% 1.70 Fund 6104nsurance LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 610 0.00 0.00% 0.00 FGIC WA 100.0000 10,714.65 10,714.65 10,714.65 5.47% FGIC 610 10,714.65 0.02% 0.00 FMAC 312923CU7 01/18/01 540 07/18/02 04/18/01 100.0000 300,000.00 300,000.00 23,940.00 323,940.00 5.32% 5.320% 1ST Union 610 300,093.75 0.63% 3.38 subtotal 310,714.65 310,714.65 23,940.00 334,654.65 subtotal 310,808.40 0.65% 3.38 Fund 615-RIsk Management LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 615 0.00 0.00% 0.00 FGIC WA 100.0000 55,297.31 55,297.31 55,297.31 5.47% FGIC 615 55,297.31 0.12% 0.00 FHLB 3133MDGH0 03/06/01 360 03/06X)2 06/06/01 100.0000 500,000.00 500,000.00 25,650.00 525,650.00 5.13% 5.130% 0.00 1ST Unior 0.00 615 502,421.88 1.04% 3.75 Subtotal 555,297.31 555,297.31 25,650.00 580,947.31 0.00 0.00 0.00 subtotal 557,719.18 1.16% 3.75 Fund 705-Oallas Stars Escrow Reserve Texpoo WA 100.0000 2,056,786.33 2,056,786.33 2,056,786.33 5.54% Texpool 705 2,056,786.33 4.29% 0.00 Fund 710-FW DEA Task Force Trust and Agency LOGIC WA 100.0000 0.00 0.00 0.00 5.54% LOGIC 710 0.00 0.00% 0.00 TOTAL 48,312,684.84 47,778,060.52 2,115,277.01 49,931,207.96 209,314.11 53,607.34 15,736.92 TOTAL 46,165,404.94 100.00% 252.97 CityI Schedule ases ForJanu 01 10 Investment TV" Institution LOGIC Local Govt Pod FNMA Fed.NaCl Mort.Assoc. FHLB Fed.Home Loan Bank FGIC Financial Investors Trst FSW First Southwest LNDMRK Landmark Bank FGIC Money Market Pod FFCB Fed.Farts Credit Bank FMAC Fed.Home Loan Mort.Corp. Vining Vining Sparks Merrill Merrill Lynch LOGIC Local Govt Investment Cooperative SLMA Student Loan Mort.Assoc. TNOTE Treasury Note CD Certificate of Deposit BANCONE Banc One Capital Everen Everen Securities Chase Chase Securities Cost Accrued Total P+I(a� Inv. Cusip Purchase Tenn Maturity Call Price Par Book Value Interest Total Yield To Coupon Interest Seller Maty Net of Total Cost JyW Numbair QaM fin days DAte DAIR Per 5100 YZWB (Prin.Only ft mey Prin+In qty Salfl Purchased IDSL Doscoun Premium Fund prem.Disc 8 Int Pr of Investment LOGIC 01/02101 100.0000 700,000.00 700,000.00 0.00 700,000.00 6.49% LOGIC Various 700,000.00 700,000.00 FHLB 313385BE5 01/03/01 26 01/29/01 99.6450 1,000,000.00 995,450.00 4,550.00 1,000,000.00 6.43% Merrill 101 1,000,000.00 995,450.00 TEXPOOL 01/04/01 100.0000 80,784.44 80,784.44 0.00 80,784.44 6.28% TEXPOOL 402 80,784.44 80,784.44 LOGIC 01/04/01 100.0000 450,000.00 450,000.00 0.00 450,000.00 6.29% LOGIC Various 450,000.00 460,000.00 FGIC 01/09/01 100.0000 850,000.00 850,000.00 0.00 850,000.00 6.07% FGIC Various 850,000.00 850,000.00 LOGIC 01/10/01 100.0000 975,000.00 975,000.00 0.00 975,000.00 6.23% LOGIC Various 975,000.00 975,000.00 FHLB 3133WGH3 01/12/01 397 02/19/02 02/19/01 99.9375 1,000,000.00 999,375.00 108,600.00 1,108,600.00 5.48% 5.430% 48,719.17 FSW 625.00 301,310 1,059,880.83 1,048,094.17 FHLB 3133MSYDO 01/12/01 159 06/21/01 100.5630 500,000.00 502,815.00 14,687.50 514,687.50 5.25% 5.875% 1,713.54 Duncan 0.00 2,815.00 505 510,158.96 504,528.54 FHLB 3133MCOVO 01/16/01 900 07/16/03 07/16/01 100.0000 1,000,000.00 1,000,000.00 150,000.00 1,150,000.00 6.00% 6.000% 0.00 Banc One 0.00 0.00 501 1,150,000.00 1,000,000.00 FNMA 31364GOA0 01/17/01 367 01/24/02 99.8750 500,000.00 499,375.00 40,050.00 540,050.00 5.47% 5.340% 12,830.83 Merrill 625.00 101 527,219.17 512,205.83 FMAC 312923CU7 01/18101 540 07/18/02 04/18/01 100.0000 1,000,000.00 1,000,000.00 79,800.00 1,079,800.00 5.32% 5.320% JWG 101 1,079,800.00 1,000,000.00 LOGIC 0124/01 100.0000 650,000.00 650,000.00 0.00 650,000.00 6.50% LOGIC Various 650,000.00 650,000.00 FHLB 3133M53B4 0124/01 189 08/03/01 02/03/01 99.9266 125,000.00 124,908.28 7,325.00 132,325.00 6.00% 5.860% 3,479.38 FSW 91.72 101 128,845.62 128,387.66 FHLB 3133MAT74 0126101 379 02/15/02 101.6625 500,000.00 507,812.50 50,625.00 550,625.00 5.20% 6.750% 15,093.75 Merrill 7,812.50 101 527,718.75 522,906.25 FMAC 313397LC3 0126/01 217 08/31/01 97.0283 1,000,000.00 970,283.06 29,716.94 1,000,000.00 5.13% JWG 502 1,000,000.00 970,283.06 FGIC 0129/01 100.0000 5,000,000.00 5,000,000.00 0.00 5,000,000.00 5.98% FGIC Various 5,000,000.00 5,000,000.00 TEXPOOL 0129/01 100.0000 5,799,181.14 5,799,181.14 0.00 5,799,181.14 5.97% TEXPOOL Various 5,799,181.14 5,799,181.14 FGIC 01/30/01 100.0000 1,000,000.00 1,000,000.00 0.00 1,000,000.00 5.97% FGIC Various 1,000,000.00 1,000,000.00 TOTALS: 22,129,965.58 22,104,984.42 485,354.44 22,581,053.08 5.89% 81,836.67 1,341.72 10,627.50 22,488,588.91 22,186,821.09 LOGIC DIVIDENDS REINVESTED 54,705.57 54,705.57 TEXPOOL DIVIDENDS REINVESTED 40,843.63 40,843.63 FGIC DIVIDENDS REINVESTED 12,829.37 12,829.37 City o s Schedule ses ForFebru 01 0 Investmant Type Institution , LOGIC Local Gov't Pod FNMA Fed.Nall Mort.Assoc. FHLB Fed.Home Loan Bank FGIC Financial Investors TrailFSW First Southwest LNDMRK Landmark Bank FGIC Money Market Pool FFCB Fed.Farre Credit Bank FMAC Fed.Home Loan Mort Corp. Vining Vining Sparks Merrill Merrill Lynch LOGIC Local Gott Investment Cooperative SLMA Student Loan MorL Assoc. TNOTE Treasury Note CD Certificate of Deposit BANCONE Banc One Capital Everen Everen Securities Chase Chase Securities Cost Accrued Total P+I Q Inv. Cusip Purchase Terre Maturity Call Price Par Book Value Interest Total Yield To Coupon Interest Seller Maty Net of Total Cost I1GIfl Nurnt1CC Data fin days Datfl Data Per 5100 Value (Prin.Only 0 mary Prin+Int MatudhC laa Purchased Inst Dyscoupt Premium Eyed Prem.Disc 8 Int Pr of Investment Texpod 02/01/01 100.0000 2,250,000.00 2,250,000.00 0.00 2,250,000.00 5.72% Texpool various 2,250,000.00 2,250,000.00 FNMA 313589LN1 02/02/01 220 09/10101 97.0422 1,000,000.00 970,422.22 29,577.78 1,000,000.00 5.04% JWG 101,230 1,000,000.00 970,422.22 FHLB 3133M7T89 02/02/01 219 09/11/01 100.1630 1,000,000.00 1,001,530.00 53,400.00 1,053,400.00 5.07% 5.340% 20,915.00 Banc One 0.00 1,530.00 325 1,030,955.00 1,022,445.00 FMAC 313397PH8 02/02101 287 11/16/01 96.2132 500,000.00 481,065.97 18,934.03 500,000.00 4.96% Banc One 301 500,000.00 481,065.97 FNMA 313589MW0 02/02101 252 10/12101 96.6470 1,000,000.00 966,470.00 33,530.00 1,000,000.00 4.99% Merrill 501 1,000,000.00 966,470.00 FNMA 313589PE7 02102101 284 11/13101 96.2528 500,000.00 481,263.89 18,736.11 500,000.00 4.96% Merrill 240 500,000.00 481,263.89 FNMA 313689,107 02107/01 169 07/26101 97.6763 1,000,000.00 976,762.50 23,237.50 1,000,000.00 5.14% FSW 401,605 1,000,000.00 976,762.50 FGIC 02109/00 100.0000 2,000,000.00 2,000,000.00 0.00 2,000,000.00 5.61% FGIC various 2,000,000.00 2,000,000.00 FHLB 3133MOB23 02/12101 623 11105102 05/05101 99.9250 800,000.00 799,400.00 80,400.00 880,400.00 5.07% 5.025% 10,831.67 Banc One 600.00 601 869,568.33 810,231.67 FGIC 02/13/01 100.0000 750,000.00 750,000.00 0.00 750,000.00 5.61% FGIC various 750,000.00 750,000.00 FMAC 313397PH8 02/14/01 275 11/16/01 96.3792 750,000.00 722,843.75 27,156.25 750,000.00 4.95% JWG 305,310 750,000.00 722,843.75 FGIC 02/15/01 100,0000 550,000.00 550,000.00 0.00 550,000.00 5.61% FGIC various 550,000.00 550,000.00 FGIC 02/16101 100.0000 1,100,000.00 1,100,000.00 0.00 1,100,000.00 5.61% FGIC various 1,100,000.00 1,100,000.00 FGIC 0221/00 100.0000 500,000.00 500,000.00 0.00 500,000.00 5.61% FGIC various 500,000.00 500,000.00 FNMA 31364K2O2 0221101 360 0221/02 0821/01 100.0000 1,000,000.00 1,000,000.00 52,500.00 1,052,500.00 5.25% 5.250% FSW 501,507 1,052,500.00 1,000,000.00 FNMA 313589KE2 0223/01 167 08/09/01 97.7687 1,000,000.00 977,686.94 22,313.06 1,000,000.00 4.99% JWG 101,505,510,601 1,000,000.00 977,686.94 FHLB 313385TC0 0223/01 357 02/15/02 95.3888 1,000,000.00 953,887.50 46,112.50 1,000,000.00 4.88% Merrill 101 1,000,000.00 953,887.50 FHLB 3133M62Z0 0223/01 605 1028102 0428/01 100.0000 500,000.00 500,000.00 55,000.00 555,000.00 5.49% 5.500% 8,784.72 Banc One 101 546,215.28 508,784.72 TOTALS: 17,200,000.00 16,981,332.78 460,897.22 17,441,300.00 5.25% 40,531.39 600.00 1,530.00 17,399,238.61 17,021,864.17 LOGIC DIVIDENDS REINVESTED 0.00 0.00 TEXPOOL DIVIDENDS REINVESTED 60,877.15 60,877.15 FGIC DIVIDENDS REINVESTED 22,685.18 22,685.18 Gtl of Schedule ses For March 01 Im mntantTyps Institution LOGIC Local Gov't Pod FNMA Fed.Nall Mort.Assoc. FHLB Fed.Home Loan Bank FGIC Finanacial Investors Trsl FSW First Southwest LNDMRK Landmark Bank FGIC Money Market Pod FFCB Fed.Farm Credit Bank FMAC Fed.Home Loan Mort.Corp. Vining Vining Sparks Merrill Merrill Lynch LOGIC Local Gov't Investment Cooperative SLMA Student Loan Mort.Assoc. TNOTE Treasury Note CD Certificate of Deposit BANCONE Banc One Capital Everen Everen Securities Chase Chase Securities Cost Accrued Total P+I Inv. Cusip Purchase Tenn Maturity Call Price Par Book Value Interest Total Yield To Coupon Interest Seller Mary Net of Total Cost I= Num Daw jj0days Date Datfl Per s100 Vaiue (Pdn.Only IM ma(y Pdn+Int Maturi $atg Purchased jpfil, Discount Premium Fund Prem.Disc&Int Pr of Investment FGIC 03/01/01 100.0000 1,000,000.00 1,000,000.00 0.00 1,000,000.00 5.58% FGIC various 1,000,000.00 1,000,000.00 FHLB 3133MDGHO 03/06/01 360 03/06/02 06/06/01 100.0000 1,000,000.00 1,000,000.00 51,300.00 1,051,300.00 5.13% 5.130% 0.00 JWG 0.00 301,615 1,051,300.00 1,000,000.00 FGIC 03/08/01 100.0000 500,000.00 500,000.00 0.00 500,000.00 5.46% FGIC various 500,000.00 500,000.00 FGIC 03/09/01 100.0000 2,000,000.00 2,000,000.00 0.00 2,000,000.00 5.43% FGIC various 2,000,000.00 2,000,000.00 Texpool 03/09/01 100.0000 127,184.14 127,184.14 0.00 127,184.14 5.47% Texpool 402 127,184.14 127,184.14 FHLB 31331LDGO 03/14/01 720 03/14/03 06/14/01 99.9668 500,000.00 499,843.75 52,400.00 552,400.00 5.26% 5.240% 0.00 FSW 156.25 501 552,400.00 499,843.75 FHLB 3133MDSF1 03/19/01 450 06/19/02 06/19/01 100.0000 1,000,000.00 1,000,000.00 62,937.50 1,062,937.50 5.04% 5.035% 0.00 Vining 0.00 501 1,062,937.50 1,000,000.00 FGIC 03/22/01 100.0000 2,000,000.00 2,000,000.00 0.00 2,000,000.00 5.18% FGIC various 2,000,000.00 2,000,000.00 TOTALS: 8,127,184.14 6,127,027.69 166,637.50 8,293,821.64 5.32% 0.00 156.25 0.00 8,293,621.64 8,127,027.69 LOGIC DMDENDS REINVESTED 0.00 0.00 TEXPOOL DIVIDENDS REINVESTED 60,135.06 60,135.06 FGIC DIVIDENDS REINVESTED 23,290.08 23,290.08 scnedmeees Fw Janu 001 Inveshnent Type Institution LOGIC Local Govt Pod FNMA Fed.Nall Mort.Assoc. FHLB Fed.Home Loan Bank FGIC Financial Investors Trst FSW First Southwest LNDMRK Landmark Bank FGIC Money Market Pod FFCB Fed.Form Credit Bank FMAC Fed.Home Loan Mort.Corp. Vining Vining Sparks Merrill Merrill Lynch LOGIC Local Govt Investment Cooperative SLMA Student Loan Mort.Assoc. TNOTE Treasury Note CD Certificate of Deposit BANCONE Banc One Capital Everen Everen Securities Chase Chase Securities Tenn to Cost Accrued Total P*I Q Inv. Cusip Purchase Maty/Call Maturity Call Price Par Book Value Interest Total Prin.r Yield To Coupon Interest Seller Maty or call Net of Total Cost LW N,mImC Dam fin days Data Date Per&100 VAIIM (Prin.Only) ®maty/Call Int-®Mat'v maturity &W Purchased JUL Discount Premium Fund Prem&Int Pur. of Investment LOGIC 01103/01 100.0000 200,000.00 200,000.00 0.00 200,000.00 6.44% LOGIC Various 200,000.00 200,000.00 FMAC 31315LAC2 11/03/00 61 01/03/01 98.9071 700,000.00 692,349.58 7,650.42 700,000.00 6.63% FSW 101 700,000.00 692,349.58 LOGIC 01/12/01 100.0000 965,000.00 965,000.00 0.00 965,000.00 6.15% LOGIC Various 965,000.00 965,000.00 FMAC 312902LUl 04/28/00 263 01/16/01 95.4507 500,000.00 477,253.60 22,746.40 500,000.00 6.60% FSW 101,610 500,000.00 477,253.60 LOGIC 01/16/01 100.0000 575,000.00 575,000.00 0.00 575,000.00 6.18% LOGIC Various 575,000.00 575,000.00 LOGIC 01/16/01 100.0000 305,000.00 305,000.00 0.00 305,000.00 6.18% LOGIC Various 305,000.00 305,000.00 Texpool 01/17101 100.0000 1,000,000.00 1,000,000.00 0.00 1,000,000.00 6.05% Texpool 325 1,000,000.00 1,000,000.00 Texpool 01/18/01 100.0000 305,000.00 305,000.00 0.00 305,000.00 6.06% Texpool 401,325 305,000.00 305,000.00 LOGIC 01/18101 100.0000 1,000,000.00 1,000,000.00 0.00 1,000,000.00 6.13% LOGIC Various 1,000,000.00 1,000,000.00 FHLB 312902RB7 0126/00 356 01/22102 0122/01 100.0000 500,000.00 500,000.00 34,395.28 534,395.28 6.86% 6.860% 476.39 JWG 502 533,918.89 500,476.39 FHLB 3133MAMF3 0125/00 360 0125/02 0125/01 100.0000 500,000.00 500,000.00 34,050.00 534,050.00 6.81% 6.810% JWG 505 534,050.00 500,000.00 FNMA 313589BB6 02/22/00 339 0126/01 94.2653 1,000,000.00 942,652.50 57,347.50 1,000,000.00 6.47% JWG 301,310 1,000,000.00 942,652.50 LOGIC 0129/01 100.0000 10,799,181.14 10,799,181.14 0.00 10,799,181.14 6.13% LOGIC Various 10,799,181.14 10,799,181.14 FHLB 313385BE5 01/03/01 26 0129/01 99.5450 1,000,000.00 995,450.00 4,550.00 1,000,000.00 6.43% Merrill 101 1,000,000.00 995,450.00 FGIC 01/31/01 100.0000 1,146,773.35 1,146,773.35 0.00 1,146,773.35 5.94% FGIC Various 1,146,773.35 1,146,773.35 TE(POOL 01/31/01 100.0000 660,819.19 660,819.19 0.00 660,819.19 5.88% Texpool 402 660,819.19 660,819.19 TOTAL 21,156,773.68 21,064,479.36 160,739.59 21,225,218.96 6.31% 476.39 0.00 0.00 21,224,742.57 21,064,955.75 �° SchFoedule ties r Feb 01 0 Investment Type Institution 0 LOGIC Local Govt Pool FNMA Fed.Nat1 Mort Assoc. FHLB Fed.Home Loan Bank FGIC Financial Investors Trst FSW First Southwest LNDMRK Landmark Bank FDIC Money Market Pool FFCB Fed.Farm Credit Bank FMAC Fed.Home Loan Mort.Corp. Vining Vining Sparks Merrill Merrill Lynch LOGIC Local Govt Investment Cooperative SLMA Student Loan Mort.Assoc. TNOTE Treasury Note CD Certificate of Deposit BANCONE Banc One Capital Everen Everen Securities Chase Chase Securities Term to Cost Accrued Total P+I Inv. Cusip Purchase Mary/Call Maturity Call Price Par Book Value Interest Total Prin.+ Yield To Coupon Interest Seller Maty or rail Net of Total Cost LW Number Qat9 fin days U= DOW Per 5100 YAIM (Prin.Only) 01)matri/Call Int.®Mary maw ga(a Purchased 105L Diseounl Premium Fund Prem 8 Int Pur. of Investment FHLB 313385BH8 02/11/00 356 02/01/01 93.9876 500,000.00 469,937.78 30,062.22 500,000.00 6.47% Merrill 501 500,000.00 469,937.78 FMAC 313397BH3 08/10/00 175 02/01101 96.9181 500,000.00 484,590.28 15,409.72 500,000.00 6.65% JWG 305,505,530 500,000.00 484,590.28 LOGIC 02/01/01 100.0000 54,705.57 54,705.57 0.00 54,705.57 6.15% LOGIC various 54,705.57 54,705.57 FHLMC 3134A2HW1 10/16/00 239 06/15101 02/01/01 99.6696 500,000.00 498,347.92 30,000.00 530,000.00 6.50% 6.000% 10,083.33 FSW 1,652.08 240 519,916.67 508,431.25 FHLMC 3134A2HW1 01/06/00 519 06/15/01 02/01/01 99.2500 400,000.00 397,000.00 36,000.00 436,000.00 6.55% 6.000% 1,400.00 FSW 3,000.00 0.00 305 434,600.00 398,400.00 FGIC 02/02/00 100.0000 2,900,000.00 2,900,000.00 0.00 2,900,000.00 5.61% FGIC various 2,900,000.00 2,900,000.00 FNMA 31364GRK7 01/20/00 372 02/02/01 98.6875 175,000.00 172,703.13 13,545.00 188,545.00 6.49% 5.160% 4,214.00 Merrill 2,296.87 0.00 305 184,331.00 176,917.13 FNMA 31364BUU2 05/15/00 257 02/02/01 98.9817 500,000.00 494,908.69 27,500.00 527,500.00 6.97% 5.500% 7,868.06 FSW 5,091.32 101 519,631.94 502,776.75 FNMA 313648UU2 08/09/00 173 02102/01 99.3750 150,000.00 149,062.50 4,125.00 154,125.00 6.84% 5.500% 160.42 Merrill 937.50 501 153,964.56 149,222.92 FHLB 3133M53B4 01/24/01 189 071/03/01 02/03/01 99.9266 125,000.00 124,908.28 7,325.00 132,325.00 6.00% 5.860% 3,479.38 FSW 91.72 101 128,845.62 128,387.66 FHLB 313385BP0 08/11/00 180 02/07101 96.8250 500,000.00 484,125.00 15,875.00 500,000.00 6.67% Merrill 325 500,000.00 484,125.00 FGIC 02/07/01 100.0000 300,000.00 300,000.00 0.00 300,000.00 5.61% FGIC various 300,000.00 300,000.00 FGIC 02/12/01 100.0000 800,000.00 800,000.00 0.00 800,000.00 5.61% FGIC various 800,000.00 800,000.00 FNMA 31364CWR5 1023/00 470 02/13102 02/13101 99.5625 728,000.00 724,815.00 69,232.80 797,232.80 6.69% 6.340% 8,974.62 Merrill 3,185.00 501 788,258.18 733,789.62 FGIC 02/14101 100.0000 1,400,000.00 1,400,000.00 0.00 1,400,000.00 5.61% FGIC various 1,400,000.00 1,400,000.00 FHLB 3133MAVL0 08/14/00 181 02/15/01 99.9000 510,000.00 509,490.00 33,124.50 543,124.50 6.70% 6.495% 16,470.24 FSW 510.00 325 526,654.26 525,960.24 FHLB 313M9KU5 08/18/99 540 02/16/01 100.0000 500,000.00 500,000.00 45,225.00 545,225.00 6.03% 6.030% Everen 501 545,225.00 500,000.00 FMAC 3134A3TE6 06107/99 1080 06/07102 02/16/01 100.0000 500,000.00 500,000.00 90,000.00 590,000.00 6.00% 6.000% Everen 507 590,000.00 500,000.00 FHLB 3133M6DM7 01/07/00 669 11/16/01 02/16/01 97.7188 100,000.00 97,718.75 10,490.00 110,490.00 6.56% 5.245% 743.04 Banc One 2,281.25 0.00 305 109,746.96 98,461.79 FHLB 3133M7GH3 01/12/01 397 02/19/02 02/19/01 99.9375 1,000,000.00 999,375.00 108,600.00 1,108,600.00 5.48% 5.430% 48,719.17 FSW 625.00 301,310 1,059,880.83 1,048,094.17 FNMA 31364G3C1 10/18/00 278 0724/01 0220/01 99.5433 100,000.00 99,543.30 8,000.00 106,000.00 6.60% 6.000% 1,366.67 Duncan 456.70 325 104,633.33 100,909.97 FNMA 31364F3S8 10/30/00 276 08/08101 0220/01 99.3125 210,000.00 208,556.25 12,411.00 222,411.00 6.83% 5.910% 2,895.90 Merrill 1,443.75 601 219,515.10 211,452.15 FNMA 3136041-11 1222100 231 08/13/01 0220101 99.8281 1,000,000.00 998,281.25 58,000.00 1,058,000.00 6.06% 5.800% 20,783.33 Duncan 1,718.75 501 1,037,216.67 1,019,064.58 FHLB 3133M6J58 07/13/00 460 1123/01 0223/01 98.0748 500,000.00 490,374.00 41,250.00 541,250.00 7.00% 5.500% 3,819.44 Banc One 9,626.00 501 537,430.56 494,193.44 FGIC 0223/01 100.0000 1,500,000.00 1,500,000.00 0.00 1,500,000.00 5.61% FGIC various 1,500,000.00 1,500,000.00 Texpool 02/23101 100.0000 500,000.00 500,000.00 0.00 500,000.00 5.62% Texpool various 500,000.00 600,000.00 FGIC 0227/01 100.0000 500,000.00 500,000.00 0.00 500,000.00 5.61% FGIC various 500,000.00 500,000.00 FGIC 0228/01 100.0000 300,000.00 300,000.00 0.00 300,000.00 5.61% FGIC various 300,000.00 300,000.00 TOTAL 16,752,705.57 16,658,442.68 654,175.24 17,345,533.87 6.22% 130,977.60 32,915.94 0.00 17,214,556.27 16,789,420.28 t Schedul does For Marc 2001 InvesdmM Typer. Inatitutlon LOGIC Local Gov't Pod FNMA Fed.Nara Mort.Assoc. FHLB Fed.Home Loan Bank FGIC Financial Investors Trst FSW First Southwest LNDMRK Landmark Bank FGIC Money Market Pod FFCB Fed.Farm Credit Bank FMAC Fed.Home Loan Mort.Corp. Vining Vining Sparks Merrill Merrill Lynch LOGIC Local Gov't Investment Cooperative SLMA Student Loan Mort.Assoc. TNOTE Treasury Note CD Certificate of Deposit BANCONE Banc One Capital Everen Everen Securities Chase Chase Securities Terre to Cost Accrued Total P+I Inv. Cusp Purchase Maty/Call Maturity Call Price Par Book Value Interest Total Pdn.+ Yield To Coupon Interest Seller Mafy or call Net of Total Coat Mote Number Dam (in days Date Late Per 5100 Value fPrin_Only) ®m2NICall Int-®MaN matully Bale Purchased 11151. Discount Premium Fund Prem&Int Pur. of Investment FHLMC 3134A3BB1 05/12/00 289 03/01/01 n/c 98.7290 1,000,000.00 987,290.00 53,750.00 1,053,750.00 7.02% 5.375% 10,600.69 JWG 12,710.00 501 1,043,149.31 997,890.69 FHLMC 3134AOXB3 08/22/00 195 03/07/01 n/c 99.5156 100,000.00 99,515.63 5,880.00 105,880.00 6.80% 5.880% 2,695.00 Merrill 484.37 540 103,185.00 102,210.63 FGIC 03/06/01 100.0000 1,000,000.00 1,000,000.00 0.00 1,000,000.00 5.53% FGIC various 1,000,000.00 1,000,000.00 Texpool 03/07/01 100.0000 600,000.00 600,000.00 0.00 600,000.00 5.50% Texpool various 600,000.00 600,000.00 FNMA 313648YJ3 0420/00 318 03/08/01 n/c 99.3438 500,000.00 496,718.75 28,600.00 528,600.00 6.49% 5.720% 3,336.67 JWG 3,281.25 301 525,263.33 500,055.42 FNMA 31364GXW4 0822/00 197 03109101 n/c 99.4145 500,000.00 497,072.50 28,000.00 528,000.00 6.70% 5.600% 12,677.78 Duncan 2,927.50 240 515,322.22 509,750.28 FGIC 03/13101 100.0000 800,000.00 800,000.00 0.00 800,000.00 5.34% FGIC various 800,000.00 800,000.00 FGIC 03/14/01 100.0000 800,000.00 800,000.00 0.00 800,000.00 5.34% FGIC various 800,000.00 800,000.00 FGIC 03/19101 100.0000 1,100,000.00 1,100,000.00 0.00 1,100,000.00 5.32% FGIC various 1,100,000.00 1,100,000.00 FGIC 0320/01 100.0000 450,000.00 450,000.00 0.00 450,000.00 5.29% FGIC various 450,000.00 450,000.00 FHLB 313393VR8 06/29/00 263 0322/01 n/c 99.4685 500,000.00 497,342.38 30,800.00 530,800.00 6.90% 6.160% 8,298.89 Duncan 2,657.62 508 522,501.11 505,641.27 FMAC 313397DJ7 1221/00 91 0322/01 n/c 98.4631 1,000,000.00 984,631.11 15,388.89 1,000,000.00 6.26% JWG 240 1,000,000.00 984,631.11 FHLMC 3134A2H92 09/08100 479 01/07/02 0322/01 98.4063 500,000.00 492,031.25 41,625.00 541,625.00 6.81% 5.550% 4,702.08 Vining 7,968.75 615 536,922.92 496,733.33 FHLMC 3134A24C9 05/03/00 464 08/17/01 0327/01 97.9688 500,000.00 489,843.75 40,312.50 540,312.50 7.04% 5.375% 5,673.61 FSW 10,156.25 501 534,638.89 495,517.36 FGIC 03/30/01 100.0000 2,900,000.00 2,900,000.00 0.00 2,900,000.00 5.04% FGIC various 2,900,000.00 2,900,000.00 Texpod 03/30101 100.0000 2,000,000.00 2,000,000.00 0.00 2,000,000.00 5.32% Texpool various 2,000,000.00 2,000,000.00 TOTAL 14,250,000.00 14,194,445.37 244,336.39 14,478,967.50 6.04% 47,984.72 40,185.74 0.00 14,430,982.78 14,242,430.09 � - @#am■■q##�;■mq#mR@R@s■■�#angq■;P■#■#■lgaq# q s s 01 \ \ 2 } � 2 \ / § k ■ a 8 ■ a a � � \ a 8 8 | k k § § § # 8 8 ; @ � / f ! # ■ ^mn � � ( ) kk! 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