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,AN' MARCOS <br />aR <br />t'l <br />Executive Summary <br />November 7, 2008 <br />The Texas Public Funds Investment Act requires the City's Quarterly Investment Report be <br />submitted to the City Councii. This report covers the fourth quarter of the fiscal Year which began <br />July 1, 2008 and ended September 30, 2008 <br />The City earned $749,978 in the Pooled Cash Account and $ 686,904 in the Enterprise Fund for <br />the quarter. Year-to-date the City has earned $5,948,605. The City's total portfolio at September <br />30, 2008 has a book value of $195,958,228 and a market value of $196,828,625. The difference <br />from market is recorded as an unrealized loss but will not result in a monetary loss, since <br />investments are held to maturity. <br />The benchmark yield used is the 6-month T-Bill which has a yield of 1.8611% for this period. The <br />City's yields for the Pooled Cash and Enterprise Fund are 2.833% and 3.012%, respectively, <br />Purchases for the period totaled $66,072,495 and maturities totaled $8,425,858. The complete <br />report is attached for your information, <br />