SANTA BARBARA COUNTY TREASURER S REPORT TO THE BOARD OF SUPERVISORS AND THE TREASURY OVERSIGHT COMMITTEE. FOR THE QUARTER ENDED March 31, 2014

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4 SANTA BARBARA COUNTY TREASURER S REPORT TO THE BOARD OF SUPERVISORS AND THE TREASURY OVERSIGHT COMMITTEE FOR THE QUARTER ENDED March 3, 204

5 ECONOMIC TREND The Federal Reserve (FED) continued to maintain the target federal funds rate at a range of 0 to.25% throughout the quarter while continuing to taper its purchase program. The FED continues to anticipate that it will likely be appropriate to maintain the current target range for the federal funds rate for a considerable time after the asset purchase program ends, especially if projected inflation continues to run below the Committee s 2 percent longer-run goal, and provided that longer-term inflation expectations remain well anchored. The FED will closely monitor incoming information on economic and financial developments in coming months and will continue its purchases of Treasury and agency mortgage-backed securities, and employ its other tools as appropriate, until the outlook for the labor market has improved substantially in the context of price stability. INVESTMENT ACTIVITIES The investment portfolio is in compliance with the Government Code and the Treasurer s Investment Policy. The Treasurer s Investment Pool has sufficient cash flow available to meet all budgeted expenditures for the next six months. 2

6 ECONOMIC TREND: Unemployment Rate The unemployment rate represents the number of unemployed persons as a percent of the labor force. The sampling used each month to calculate the rate is approximately 60,000 households. The national unemployment rate began the quarter at 6.7% and ended the quarter at 6.7%. California s preliminary unemployment rate was 8.% in March. 3 Source: Bureau of Labor Statistics

7 ECONOMIC TREND: Inflation The Consumer Price Index (CPI) represents changes in prices of all goods and services purchased for consumption by urban households. CPI was.5 at the end of March. The Core CPI, which excludes food and energy, was.7 at the end of March. 4 Source: Bureau of Labor Statistics

8 ECONOMIC TREND: Consumer Confidence Consumer Confidence is the average of responses to current business and employment conditions and responses to six-month future expectations for business conditions, employment conditions, and total family income. It began the quarter at 77.5 and ended at Source: Conference Board

9 ECONOMIC TREND: GDP (Gross Domestic Product) Gross domestic product is the value of all goods and services produced. The economy experienced its eighteenth consecutive quarter of positive growth, ending December 203 at 2.6%. 6 Source: Bureau of Economic Analysis

10 Santa Barbara County Treasurer's Investment Pool Statement of Assets As of March 3, 204 Asset Description Cost Net Unrealized Holding Gains/(Losses) Fair Value* 3/3/204 Percent of Portfolio Yield to Weighted Average Days to Fair Value 2/3/203 Net Change Cash $ 9,454,067 $ - $ 9,454, $ 57,88,744 $ (66,427,677) California Asset Management Program (CAMP) 0,000,000-0,000, ,000,000 (0,000,000) Local Agency Investment Fund (LAIF) 50,000,000-50,000, ,000,000 - U.S. Treasuries 89,855,762 0,063 89,865, ,874,750 54,99,075 Government Agency Bonds 360,80,83 69,57 360,349, ,36,650 (34,966,950) Government Agency Discount Notes 34,887,825 99,925 34,987, ,945,700 (29,957,950) Government Agency Bonds - Callable 388,979,689 (2,493,068) 386,486, , ,924,78 (,437,557) Total $,25,357,526 $ (2,23,563) $,23,43, $,20,943,022 $ (87,799,059) *Provided by Union Bank Treasurer's Pool Earnings Summary: Total Net Earnings on the Treasurer's Pool $ 970,574 Average Daily Balance on the Treasurer's Pool $,8,26,508 Net Interest Rate on the Treasurer's Pool 0.352% 7

11 TREASURER'S INVESTMENT POOL ASSET DISTRIBUTION BY SECTOR (PAR VALUE) 3/3/204 Callable Securities, 34.6% Treasuries, 8.0% Cash on Deposit at Bank, 8.% CAMP, 0.9% LAIF - State Investment Pool, 4.4% Government Agency Notes, 44.0% Treasuries $ 90,000,000 Cash on Deposit at Bank $ 9,454,067 Government Agency Notes $ 495,000,000 LAIF - State Investment Pool $ 50,000,000 CAMP $ 0,000,000 Callable Securities $ 389,30,000 TOTAL $,25,584,067 8

12 S&P CREDIT RATING AT TIME OF PURCHASE BY PERCENT OF BOOK VALUE 3/3/204 AA (Long Term Rating) 74.5% CA Local Agency Investment Fund/ Cash on Deposit at Bank (Not Rated) 2.6% AAA (Long Term Rating) 2.9% Investment Policy Requirements: -- US Treasuries: N/A -- Agency of the Federal Government/US Government Sponsored: N/A -- Commercial Paper of US Corporations, Assets Greater Than $500 million: A, P, F (by two of the three rating agencies) -- State of California - LAIF/Managed Investment Pools: N/A -- Negotiable CD's: A, P, F (by two of the three rating agencies) -- Medium Term Notes/Corporate Notes of US Corporations: Up to three years: AAby at least two of the three rating agencies. Greater than three years: AA by at least two of the three rating agencies. 9

13 TREASURER'S INVESTMENT POOL MATURITY DISTRIBUTION 3/3/ YEARS, 6.9% OVERNIGHT, 3.5% 3-4 YEARS, 5.9% - 90 DAYS, 7.3% 2-3 YEARS, 3.6% - 2 YEARS, 3.3% 9 DAYS - YEAR, 9.5% 0

14 TREASURER'S INVESTMENT POOL AVERAGE DAILY CASH BALANCE & INCOME DISTRIBUTION FOR THE QUARTER ENDED 3/3/204 Special Districts, 9% County, 40% Schools, 5% The average daily cash balance of all entities in the pool during the quarter was $,8,26,508. Aggregate interest earnings of $970,574 was distributed to pool participants.

15 TREASURER'S INVESTMENT POOL QUARTERLY PERFORMANCE VERSUS SELECTED BENCHMARKS 3/3/ % 6.00% 5.00% 4.00% 3.00% 2.00%.00% 0.00% 0.35% 0.26% 0.25% 0.04% LAIF Treasurer's Pool Federal Funds 3 mo T-Bill 2

16 County Pool Portfolio Management Investment Status Report - Investments March 3, 204 Page CUSIP Investment # Issuer Cash Par Value Stated Rate Purchase Term Days to Market Value Accrued Interest At Purchase Current Principal Book Value SYS BAC 9,454, ,454, ,454, ,454, CAMP Cash Totals 9,454, ,454, ,454, ,454, SYS CAMP 0,000, ,000, ,000, ,000, Local Agency Investment Funds CAMP Totals 0,000, ,000, ,000, ,000, SYS LAIF 50,000, ,000, ,000, ,000, Local Agency Investment Funds Totals 50,000, ,000, ,000, Federal Agency Coupon Securities 50,000, KHW FFCB 5,000, /9/204 04/9/20, ,047, ,997, ,999, KTK6 545 FFCB 0,000, /0/204 08/0/20, ,026, ,000, ,000, EA5F 569 FFCB 5,000, /22/204 0/22/ ,003, ,998, ,999, ECE FFCB 0,000, /0/206 02/0/203, ,998, ,995, ,996, ECWQ FFCB 0,000, /09/205 08/09/ ,00, ,000, ,000, ED2R FFCB 5,000, /0/204 0/08/ ,00, ,999, ,999, EDBE 5762 FFCB 5,000, /09/205 2/0/ ,998,00.00 Received 4,996, ,996, EDAL FFCB 5,000, /25/205 2// ,999, Received 333EDC FFCB 0,000, /8/205 2/3/ ,002, ,998, ,998, EDFP FFCB 5,000, /9/205 02/9/ ,000, ,999, ,999, ZQ 5547 FHLB 5,000, /3/205 03/09/202, ,009, Received 4,975, ,992, L FHLB 5,000, /20/205 08/23/202, ,009, ,998, ,999, H FHLB 5,000, /6/205 2/05/ ,004, ,994, ,997, YP FHLB 5,000, /20/205 0/25/ ,004, ,995, ,998, R9 570 FHLB 5,000, /24/206 05/0/203,4 85 4,979, ,99, ,993, KP5 576 FHLB 0,000, /30/204 06/07/ ,002, ,998, ,999, MA6 578 FHLB 0,000, /9/204 06/26/ ,000, Received 9,992, ,998, MM FHLB 0,000, /20/204 06/27/ ,00,00.00 Received 9,992, ,998, BN FHLB 0,000, /22/204 07/3/ ,000, Received 9,999, ,999, YZ FHLB 0,000, //204 09// ,003, ,998, ,999, A03D FHLB 0,000, /2/204 09/2/ ,00, ,993, ,997, A05Y FHLB 20,000, /30/204 0/28/ ,000, Received 9,997, ,999, A0BE FHLB 0,000, /2/204 /2/ ,00, ,999, ,999, Portfolio SB99 AP Run : 04/28/204-0:43 PM (PRF_PMS) Report Ver. 7.3.

17 County Pool Portfolio Management Investment Status Report - Investments March 3, 204 Page 2 CUSIP Investment # Issuer Federal Agency Coupon Securities Par Value Stated Rate Purchase Term Days to Market Value Accrued Interest At Purchase Current Principal Book Value 330A0C FHLB 5,000, /28/206 /5/203,39,002 4,973, ,985, ,987, A0BZ FHLB 5,000, /5/204 /5/ ,999, ,999, ,999, A05Y FHLB 5,000, /30/204 /20/ ,000, Received 4,997, ,999, SV4 575 FHLB 0,000, /28/204 /25/ ,003, Received 0,00, ,000, A0FE5 576 FHLB 0,000, /0/204 2/0/ ,002, ,999, ,999, TZ FHLB 0,000, /29/204 2/0/ ,00, Received 9,998, ,999, A0DQ FHLB 5,000, /27/204 2// ,000, ,999, ,999, A0CC FHLB 0,000, /20/204 2/2/ ,002, ,994, ,996, A0FX FHLB 5,000, /8/205 2/2/ ,00, A0JV FHLB 0,000, /06/205 0/06/ ,002, ,000, ,000, A0SY FHLB 5,000, /23/205 0/29/ ,998, ,997, ,998, A0TW FHLB 5,000, /03/205 02/03/ ,997, ,997, ,998, AC FHLB 5,000, /8/205 03// ,998, ,999, ,999, AE FHLB 5,000, /2/205 03/4/ ,997, G2YJ FHLMC 5,000, /9/204 09/23/20, ,002, Received 4,994, ,999, EACY FHLMC 5,000, /25/204 0/06/20, ,03, ,998, ,999, G2UA8 554 FHLMC 5,000, /20/204 0/9/ ,04, Received 5,062, ,009, EADS5 573 FHLMC 5,000, /4/206 08/6/203, ,05, ,999, ,999, G4QR FHLMC 5,000, /27/207 2/27/203,46,366 5,000, G0DW FNMA 5,000, /30/204 0/04/20, ,03, Received 4,995, ,999, G0FY FNMA 5,000, /9/204 /7/20, ,022, ,999, ,999, G0AL7 553 FNMA 5,000, /5/206 02/0/202, ,75, Received 5,29, ,39, G0NV 5590 FNMA 5,000, /28/205 08/7/202, ,07, ,995, ,997, G0SB FNMA 0,000, /2/205 /6/202, ,005, ,976, ,987, G0XP3 57 FNMA 5,000, /05/206 05/7/203, ,980, ,982, ,987,55.86 Federal Agency Coupon Securities Totals 360,000, ,349, , ,80,83.00 Federal Agency Disc. -Amortizing 360,060, A FCDN 5,000, /04/204 2/20/ ,997, ,986, ,992, WF9 577 FHDN 0,000, /0/204 06/24/ ,999, ,984, ,998, WP FHLBDN 0,000, /09/204 2/8/ ,999, ,995,66. 9,998, WP7 577 FHLBDN 5,000, /09/204 2/9/ ,999, ,993, ,998, WE FMCDN 0,000, /30/204 07/0/ ,999, ,988, ,998, XR FMCDN 5,000, /04/204 09/06/ ,999, ,986, ,996, XD8 574 FMCDN 5,000, /23/204 0/25/ ,999, ,992, ,998, Portfolio SB99 AP Run : 04/28/204-0:43 PM (PRF_PMS) 7.2.5

18 County Pool Portfolio Management Investment Status Report - Investments March 3, 204 Page 3 CUSIP Investment # Issuer Federal Agency Disc. -Amortizing Par Value Stated Rate Purchase Term Days to Market Value Accrued Interest At Purchase Current Principal Book Value 33397XT FMCDN 5,000, /06/204 /04/ ,999, ,997, ,999, YQ FMCDN 5,000, /27/204 /26/ ,998, ,989, ,995, XH FMCDN 0,000, /27/204 /27/ ,999, ,993, ,998, M FNDN 5,000, /28/204 2/04/ ,994, ,979, ,986, Federal Agency Disc. -Amortizing Totals 35,000, ,987, ,887, Treasury Coupon Securities 34,96, UK USTR 5,000, /3/205 2/27/ ,005, Received 5,004, ,003, TK USTR 0,000, /5/205 2/3/ ,008, Received 9,998, ,998, A USTR 0,000, /3/205 2/3/ ,986, ,976, ,979, VC 5797 USTR 5,000, /5/206 02// ,973, , ,983, ,984, B USTR 2,500, /29/206 03/06/ ,493, ,496, ,496, UR USTR 2,500, /28/208 03/06/204,455,429 2,442, ,459, ,460, B USTR 5,000, /29/206 03/20/ ,960, , ,97, ,972, A USTR 0,000, /5/207 03/2/204,03,020 9,985, , ,977, ,977, SJ USTR 0,000, /28/207 03/2/204,075,064 0,000, , ,994, ,994, UG USTR 5,000, /5/206 03/2/ ,007, , ,995, ,995, VY3 580 USTR 5,000, /30/205 03/24/ ,00, Received 4,997, ,997, Treasury Coupon Securities Totals 90,000, ,865, , ,855,76.73 Federal Agency Coupon - Callables 89,860, EAZK FFCB 5,000, /24/207 07/24/202,826,20 4,97, EAZK FFCB 5,000, /24/207 07/24/202,826,20 4,97, EAZ FFCB 5,000, /26/206 09/26/202, ,989, EA5V FFCB 5,000, /24/206 0/24/202, ,987, EA5V6 562 FFCB 5,000, /24/206 0/24/202, ,987, ,992, ,995, EC3F FFCB 5,000, /26/206 /26/202, ,985, ,990, ,994, EC5B FFCB 5,000, /29/206 /29/202, ,972, ,993, ,995, EC6S FFCB 0,000, /2/206 2/2/202, ,875, ,992, ,994, ECFA FFCB 5,000, /3/208 02/3/203,826,44 4,886, ECKL FFCB 5,000, /03/207 04/03/203,46,098 4,947, ECQW7 574 FFCB 5,000, /04/208 06/04/203,826,525 4,878, ,99, ,993, ECU FFCB 0,000, /09/208 07/09/203,826,560 0,04, ,995, ,995, ECUF FFCB 5,000, /5/206 07/5/203, ,008, ,997, ,998, ECUG FFCB 5,000, /7/207 07/7/203,46,203 5,06, ,997, ,997,529.7 Portfolio SB99 AP Run : 04/28/204-0:43 PM (PRF_PMS) 7.2.5

19 County Pool Portfolio Management Investment Status Report - Investments March 3, 204 Page 4 CUSIP Investment # Issuer Federal Agency Coupon - Callables Par Value Stated Rate Purchase Term Days to Market Value Accrued Interest At Purchase Current Principal Book Value 333ECYG FFCB 5,000, /28/208 08/28/203,826,60 5,030, ECZB FFCB 5,000, //208 09//203,826,624 5,023, ED3C FFCB 5,450, /0/205 0/0/ ,456, ,445, ,446, ED7D FFCB 5,000, /4/206 /22/203, ,978, EDC FFCB 5,000, /8/207 2/8/203,46,357 4,997, ,994, ,994, MF 5606 FHLB 7,080, /8/207 09/8/202,826,266 6,982, ,078, ,079, R4 566 FHLB 0,000, /09/207 2/9/202,786,38 9,83, Received 9,997, ,997, MG FHLB 5,000, /08/206 0/08/203, ,000, RE FHLB 9,850, /24/206 04/24/203, ,794, ,850, ,850, L0 573 FHLB 5,000, /24/208 05/28/203,822,54 4,894, A0B FHLB 6,500, /28/205 0/29/ ,497, ,500, ,500, A0F FHLB 5,000, /8/207 2/8/203,46,357 4,955, A0HP FHLB 5,000, /27/207 2/27/203,86,09 4,983, A0GL FHLB 6,500, /27/208 2/27/203,826,73 6,52, ,500, ,500, A0J FHLB 5,000, /20/205 2/30/ ,00, A0KZ2 579 FHLB 2,500, /22/209 0/22/204,826,757 2,500, ,500, ,500, A0JW 5793 FHLB 2,500, /29/208 0/29/204,46,399 2,487, ,500, ,500, A0NR FHLB 2,500, /29/208 0/29/204,46,399 2,502, ,499, ,499, A0TQ FHLB 5,000, /9/207 02/9/204,85,44 4,970, ACF3 582 FHLB 2,500, /27/208 03/27/204,46,456 2,488, ,500, ,500, G3YK FHLMC 3,550, /24/207 07/24/202,826,20 3,540, ,550, ,550, G3H FHLMC 5,000, /2/207 09/2/202,826,260 4,954, ,998, ,999, G3K FHLMC 5,000, /27/207 09/27/202,642,09 4,979, G3Y FHLMC 5,000, /28/207 /28/202,826,337 4,932, G3Z FHLMC 5,000, /05/206 2/05/202, ,980, ,997, ,998, G33B FHLMC 5,000, //208 0//203,826,38 4,923, ,997, ,998,. 334G33M0 567 FHLMC 0,000, /6/208 0/6/203,826,386 9,858, ,000, ,000, G36F FHLMC 5,000, /8/205 03/28/ ,006, Received 4,999, ,999, G34Y3 570 FHLMC 5,000, /4/208 04/09/203,772,45 4,877, Received 4,998, ,999, G37C FHLMC 7,275, /7/208 04/7/203,826,477 7,32,9.75 7,275, ,275, G42G FHLMC 5,000, /30/208 04/30/203,826,490 4,880, G4EJ FHLMC 5,000, /29/206 07/30/203, ,009, Received 334G4EL FHLMC 5,000, /2/205 08/2/ ,004, G4KD FHLMC 5,000, /20/208 /20/203,826,694 5,000, G4LC FHLMC 4,75, /27/208 2/09/203,84,70 4,52, , ,68, ,69,29.78 Portfolio SB99 AP Run : 04/28/204-0:43 PM (PRF_PMS) 7.2.5

20 County Pool Portfolio Management Investment Status Report - Investments March 3, 204 Page 5 CUSIP Investment # Issuer Federal Agency Coupon - Callables Par Value Stated Rate Purchase Term Days to Market Value Accrued Interest At Purchase Current Principal Book Value 334G4M FHLMC 5,000, /0/208 2/0/203,826,74 4,999, G4RT FHLMC 5,000, /27/206 2/27/ ,993, G4S FHLMC 5,000, /30/206 2/30/203,096,004 4,99, G4R FHLMC 2,450, /30/206 2/30/203,096,004 2,444, ,450, ,450, G4TX FHLMC 5,000, /30/209 0/30/204,826,765 5,08, G4VG0 580 FHLMC 2,500, /27/209 02/27/204,826,793 2,497, ,500, ,500, G4YA0 58 FHLMC 5,250, /26/206 03/26/ ,238, ,250, ,250, G0RN FNMA 5,000, /26/207 07/26/202,826,22 5,000, G0RZ FNMA 9,500, /26/207 07/26/202,826,22 9,436, ,500, ,500, G0ZT 5597 FNMA 9,500, /06/207 09/06/202,826,254 9,439, ,500, ,500, G0NN FNMA 5,000, /28/207 09/4/202,809,245 4,962, Received 336G0H46 56 FNMA 5,000, /26/207 09/26/202,826,274 5,002, G0QN FNMA 5,000, /29/206 0/3/202, ,000, Received 4,996, ,997, G0QW FNMA 5,000, /08/207 /08/202,826,37 4,933, G02U FNMA 5,000, /4/206 /4/202, ,977, ,993, ,995, G0SH FNMA 0,000, /2/207 2/2/202,826,35 9,85, ,000, ,000, G2C FNMA 5,000, /2/206 2/2/202, ,968, ,998, ,999, G0TV FNMA 5,000, /30/208 0/30/203,826,400 4,98, ,998, ,999, G0UE 5685 FNMA 5,000, /4/208 02/4/203,826,45 4,903, ,993, ,995, G0K FNMA 9,550, /27/208 03/27/203,826,456 9,383, ,546, ,546, GHU FNMA 5,000, /04/208 04/04/203,826,464 4,936, G0UN 5798 FNMA 5,000, /28/208 02/3/204,476,429 4,948, Received 4,95, ,952,66.49 Federal Agency Coupon - Callables Totals 389,30,000.00,552, ,486, , ,979, ,007, Investment Totals,25,584, ,23,43, ,64.85,25,357,525.73,25,344, Portfolio SB99 AP Run : 04/28/204-0:43 PM (PRF_PMS) 7.2.5

21 Treasurer's Investment Pool Purchases Report Sorted by Fund - Fund January, March 3, 204 Santa Barbara County CUSIP Investment # Fund Sec. Type Issuer Treasurer's Pooled Investments 330A0JV FAC FHLB 330A0KZ2 579 MC FHLB 330A0SY FAC FHLB 330A0JW 5793 MC FHLB 330A0NR MC FHLB 334G4TX MC FHLMC 330A0TW FAC FHLB 92828VC 5797 TRC USTR 335G0UN 5798 MC FNMA 333EDFP FAC FFCB 330A0TQ MC FHLB 334G4VG0 580 MC FHLMC 92828B TRC USTR 92828UR TRC USTR 330AC FAC FHLB 330AE FAC FHLB 92828B TRC USTR 92828A TRC USTR 92828SJ TRC USTR 92828UG TRC USTR 92828VY3 580 TRC USTR 334G4YA0 58 MC FHLMC 330ACF3 582 MC FHLB Original Par Value Purchase Payment Periods Principal Purchased Accrued Interest Rate at at Purchase Purchase YTM Ending Book Value 0,000, /06/204 07/06-0/06 0,000, /06/ ,000, ,500, /22/204 07/22-0/22 2,500, /22/ ,500, ,000, /29/204 07/23-0/23 4,997, /23/ ,998, ,500, /29/204 07/29-0/29 2,500, /29/ ,500, ,500, /29/204 07/29-0/29 2,499, /29/ ,499,40.9 5,000, /30/204 07/30-0/30 5,000, /30/ ,000, ,000, /03/204 08/03-02/03 4,997, /03/ ,998, ,000, //204 05/5 - /5 4,983, , /5/ ,984, ,000, /3/204 02/28-08/28 4,95, Received.50 02/28/ ,952, ,000, /9/204 08/9-02/9 4,999, /9/ ,999, ,000, /9/204 05/9 - /9 5,000, /9/ ,000, ,500, /27/204 08/27-02/27 2,500, /27/ ,500, ,500, /06/204 08/3-02/28 2,496, /29/ ,496, ,500, /06/204 08/3-02/28 2,459, /28/ ,460, ,000, //204 08/8-02/8 4,999, /8/ ,999, ,000, /4/204 09/2-03/2 5,000, /2/ ,000, ,000, /20/204 08/3-02/28 4,97, , /29/ ,972, ,000, /2/204 04/07 - Final Pmt. 9,977, , /5/ ,977, ,000, /2/204 08/3-02/28 9,994, , /28/ ,994, ,000, /2/204 07/5-0/5 4,995, , /5/ ,995, ,000, /24/204 03/3-09/30 4,997, Received /30/ ,997, ,250, /26/204 09/26-03/26 5,250, /26/ ,250, ,500, /27/204 09/27-03/27 2,500, /27/ ,500, Subtotal 32,750, ,57, , ,576,843.3 Total Purchases 32,750, ,57, , ,576,843.3 Received = Accrued Interest at Purchase was received by report ending date. Data Error = the accrued Interest at Purchase transaction was deleted or does not match the investment screen. Data Updated: SET_: 04/2/204 07:55 Portfolio SB99 AP Run : 04/2/204-07:55 PU (PRF_PU) 7.. Report Ver. 7.3.

22 Treasurer's Investment Pool Report Sorted by Received or due during January, March 3, 204 Santa Barbara County Sec. CUSIP Investment # Fund Type Issuer 3338NB RG RV T94 333K7J SQ D 33383W49 333KAH3 334G3LA6 334G3NS M Par Value Purchase Rate at Book Value at Interest Proceeds FAC FHLB 0,000, /02/204 0/02/ ,000, , ,009, , AFD FNDN 0,000, /02/204 07/09/ ,000, ,000, AFD FMCDN 0,000, /5/204 04/5/ ,000, ,000, FAC FHLB 5,000, /7/204 04/7/ ,000, , ,004, , FAC FFCB 5,000, /23/204 0/23/ ,000, , ,008, , AFD FNDN 0,000, /03/204 04/08/ ,000, ,000, FAC FHLB 0,000, /3/204 02/3/ ,000, , ,05, , FAC FHLB 0,000, /4/204 08/4/ ,000, , ,005, , FAC FFCB 5,000, /27/204 0/9/ ,000, , ,028, ,25.00 FAC FHLMC 0,000, /27/204 0/23/ ,000, , ,08, , FAC FHLMC 5,000, /2/204 02/06/ ,000, , ,007, , FAC FHLB 0,000, /27/204 04/0/ ,000, , ,006, , Total Maturities 00,000, ,000, , ,03, , Net Income Data Updated: SET_: 04/22/204 6:02 Portfolio SB99 AP Run : 04/22/204-6:02 MA (PRF_MA) 7.. Report Ver. 7.3.

23 Treasurer's Investment Pool Sales/Call Report Sorted by - Fund January, March 3, 204 Santa Barbara County CUSIP Investment # /05/205 Fund Issuer Purchase Redem. Sec. Type Matur. Par Value Rate at Redem. Book Value at Redem. Redemption Principal Redemption Interest Total Amount Net Income 333EA6P FFCB /05/202 02/05/204 5,000, , ,006, , MC /05/205 Call 06/5/206 Subtotal 5,000, , ,006, , VG USTR 2/30/203 02/05/204 5,000, ,994, ,006, , ,00, ,830.0 TRC 06/5/206 Sale 07//206 Subtotal 5,000, ,994, ,006, , ,00, , EAWZ FFCB 07//202 03/05/204 0,000, ,000, ,000,000.00, ,0,850.00, MC 07//206 Call 07/9/206 Subtotal 0,000, ,000, ,000,000.00, ,0,850.00, EAYQ FFCB 07/9/202 03/06/204 0,000, ,000, ,000, , ,009, , MC 07/9/206 Call 02/4/207 Subtotal 0,000, ,000, ,000, , ,009, , G3LU FHLMC 02/4/202 02/4/204 5,000, V 26, ,026, , MC 02/4/207 Call 04/24/207 Subtotal 5,000, , ,026, , ED5M FFCB 0/24/203 02/26/204 5,000, , ,09, ,47.22 MC 04/24/207 Call 08/3/207 Subtotal 5,000, , ,09, , TM USTR 2/26/203 02/05/204 5,000, ,908, ,943, , ,957, , TRC 08/3/207 Sale Subtotal 5,000, ,908, ,943, , ,957, , Total Sales 45,000, ,902, ,950, , ,040, , V - Security with variable rate change. Data Updated: SET_: 04/22/204 6:02 Portfolio SB99 AP Run : 04/22/204-6:02 SA (PRF_SA) 7.. Report Ver. 7.3.