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City of Los Angeles Office of the Treasurer

INVESTMENT AND CASH MANAGEMENT REPORT March 31, 2007

Joya C. De Foor, CTP City Treasurer

200 N. Spring Street Room 201, City Hall

Los Angeles, CA 90012 (213) 978-1718

CITY OF LOS ANGELES CALIFORNIA

OFFICE OF THE TREASURERJOYA C. DE FOOR, CTP

City Treasurer 200 N. SPRING ST. ROOM 201 – CITY HALL LOS ANGELES, CA 90012 ---

(213) 978-1700

ANTONIO R. VILLARAIGOSA MAYOR

May 18, 2007 Honorable Members of the City Council City of Los Angeles Honorable Members: This is the Investment and Cash Management Report for the month and quarter ending March 31, 2007. It is provided to ensure the City Council is informed of the City Treasurer’s investment and cash management activities. It satisfies the recommended reporting requirements of the City of Los Angeles Administrative Code, Chapter 5.1, Article 1, Section 20.90, which addresses the City Council’s request for monthly financial information. INVESTMENT ENVIRONMENT Economic Outlook The likelihood of strong economic growth appears to be diminishing given the decrease in home prices and fewer jobs that may limit consumer spending, according to a recent survey of economists by Bloomberg News. Economists reduced forecast growth for 2Q 2007 and 3Q 2007. For 2007, the economy is expected to grow at about two percent. This growth rate is the smallest in about five years. The economy expanded at a 1.3 percent annualized rate during 1Q 2007. Based on Commerce Department data, this is the smallest gain in four years. Quarterly rates averaged about three percent over the last 10 years.

Real GDP (YoY%)

0123456

3/1/20

05

6/1/20

05

9/1/20

05

12/1/

2005

3/1/20

06

6/1/20

06

9/1/20

06

12/1/

2006

3/1/20

07

2Q 20

07E

3Q 20

07E

4Q 20

07E

1Q 20

08E

2Q 20

08E

Honorable Members of the City Council Treasurer’s Report – March 2007 May 18, 2007 Page 2

Capital Markets Outlook Since June 29, 2006, the Federal Funds rate has remained at 5.25%. Fed Fund Futures data projects possible Federal Reserve rate cuts during calendar years 2007 and 2008.

Fed Funds Futures

4.74.84.9

55.15.25.3

5/7/20

07

6/7/20

07

7/7/20

07

8/7/20

07

9/7/20

07

10/7/

2007

11/7/

2007

12/7/

2007

2/8/20

08

3/8/20

08

Forward Yield Curves, which are based on the current Treasury spot market curve, depict an expectation of lower short-term rates and relatively unchanged long-term rates.

Forward U.S. Curves (%)

3.84

4.24.44.64.8

55.2

1 Wk

2 Mo

4 Mo

6 Mo

1 Yr

3 Yr

5 Yr

10Yr

20Yr

Spot

8/13/2007

11/13/2007

5/12/2008 Treasury anticipates that interest rates will remain at the current levels during 2Q 2007. For the remainder of 2007, however, we expect short-term rates to decrease with stable longer-term rates. We utilize our view of the investment environment to formulate the investment strategy. COMPLIANCE Investment transactions were executed in accordance with the California State Government Code and the City’s Investment Policy. REVIEW AND MONITORING Chandler Asset Management, the City’s investment advisor, as well as Standard & Poor’s and Moody’s Investors Service, two of the world’s largest independent rating agencies, currently monitor the Department’s investment activities.

Honorable Members of the City Council Treasurer’s Report – March 2007 May 18, 2007 Page 3 PORTFOLIO CHARACTERISTICS The City Treasurer’s Office invests in a variety of fixed income securities that vary in maturity from one day to five years. The following table summarizes the key characteristics of the City’s investment portfolios as of March 31, 2007:

Portfolio Funds Amount of Funds at Market Value Effective Yield

Average Credit Rating

Core Portfolio $899,901,282 5.34% 13.0 Days AAA

Reserve Portfolio $4,669,835,239 4.35% 2.5 Years AAA

Total Investment Pool $5,569,736,521 4.50% 2.1 Years AAA

Average Weighted Maturity

NOTE: Effective yield is a snapshot of how much an investment would yield assuming that when interest is received it is immediately reinvested. It does not include capital gains or losses in its computation. 1

1 Performance is measured as mandated by the Global Investment Performance Standards, which is published by the CFA Institute and is widely accepted as the source of industry standard performance metrics. Section 2.A.1 states that total return, including realized and unrealized gains and losses must be used.

INVESTMENT PERFORMANCE

2The City measures investment performance on a total return basis to an established industry recognized benchmark. The following table summarizes the March 2007 portfolio total rate of return for the City’s general pool.

Core Portfolio Reserve Portfolio Combined Portfolio

Market Value $899,901,282 $4,669,835,239 $5,569,736,521

Total Rate of Return 0.45% 0.32% n/a

Benchmark Total Rate of Return 0.45% 0.35% n/a

Variance 0.00% -0.03% n/a

Additional investment information may be found on pages 8 through 24 of this report.

2 Ibid.

Honorable Members of the City Council Treasurer’s Report – March 2007 May 18, 2007 Page 4 Below please find the FY 2006-2007 and FY 2007-2008 interest earnings projections. Revisions have been/will be made based on economic, market and interest rate conditions.

FY 2006-2007 INTEREST EARNINGS PROJECTION

Description Original November 2006 April 2007

Average Market Value (Billions)

$4.95

$5.00

$5.31

Average Investment Rate

4.1%

4.36%

4.42%

Adjusted Pool Interest

Earnings (Millions)

$206.00

$206.80

$219.98

General Fund % of Pool

16.80%

16.90%

16.88%

General Fund Earnings

(Millions)

$34.1

$34.30

$37.12

FY 2007-2008 INTEREST EARNINGS PROJECTION

Description Original

Average Market Value (Billions)

$5.35

Average Investment Rate

4.99%

Adjusted Pool Interest Earnings

(Millions)

$256.23

General Fund % of Pool

14.85%

General Fund Earnings

(Millions)

$38.05

* Note: General Fund interest earnings do not include TRAN interest earnings.

Honorable Members of the City Council Treasurer’s Report – March 2007 May 18, 2007 Page 5 DEBT MANAGEMENT The Office of the Treasury participated in the annual Citywide volunteer day, Big Sunday ’07. Big Sunday ’07 included approximately 50,000 volunteers from hundreds of congregations, schools, offices, clubs and other organizations. At the Sylmar High School event, the Office partnered with financial institutions to distribute literature that encourages the use of traditional banking services. SYSTEMS The Office of the Treasurer’s Internet site (http://www.lacity.org/treasury) upgrade continues. New reports are being published and additional content is added monthly. The Office of the Treasurer has made arrangements with the Information Technology Agency to help design the department’s intranet site. The disaster recovery business continuity plan is progressing. A gigabit Ethernet connection was established between the Office of the Treasurer’s server room and the server farm. This connection will allow for high-speed file transfers for backup to the Storage Area Network (SAN) device. Active Directory file services have been tested successfully. The Systems Division is waiting for the completion of SAN connection testing before implementing Active Directory. INVESTMENTS The Investment Division is working on several initiatives to improve service to City departments. Value-Added Financial Services The Office of the Treasurer expects to implement the use of a fee-free trading platform that will reduce administrative costs to the City. The Investment Division plans to employ the Bloomberg Bondtrader (BBT) to monitor, execute, and record transactions. Unlike competing products that may subject users to fees of $25,000 per year or more, BBT does not charge commissions or fees for this service. Information Systems The Investment Division is completing an initial review of the Bloomberg information system to determine the best use of this resource. The Bloomberg Automated Portfolio Uploader (BBUP) facilitates the automated upload of Core and Reserve holdings from the SymPro investment software. Once the portfolios are in Bloomberg, the Division can display constituent securities, monitor rating changes, and generate cash flow reports. Portfolio Realignment Realignment of the Treasurer investment pool to better match the characteristics of the established benchmarks has commenced. U.S. Agency exposure continues to be reduced and U.S. Treasury and corporate bond exposure is increased. Interest rate

http://www.lacity.org/treasury

Honorable Members of the City Council Treasurer’s Report – March 2007 May 18, 2007 Page 6 risk remains constant. Staff continues to research, recommend, and take investment action to increase the relative characteristics (and reduce relative risk) between the Reserve Portfolio and the established Merrill Lynch benchmark. The division expects to finalize new Approved Lists (Commercial Paper, Medium Term Note, and Firms for Purchase or Sale) within the next few weeks. ACCOUNTING Accounting continues to work closely with the City departments in the collection of returned items in order to maximize the cash that will revert back to the Reserve Fund from the Revolving Fund by the beginning of the new fiscal year. In view of the fiscal year end process, Accounting staffs have been closely working with the Controller’s Office, CAO and GSD in order to meet the deadlines for FYE requirements. Accounting will implement the work order cost accounting system in June 2007. The work orders have been established in the City’s CCAS (Citywide Cost Accounting System) and will start with labor and labor related expenditures. In the new fiscal year, the work order cost accounting system will be extended to non-labor expenditures. The work order cost accounting system is the initial step in the Asset Management Fee Based methodology that Treasury is developing in line with its Strategic Plan. CASH MANAGEMENT PCI Compliance On May 17, 2007, Treasury staff briefed the Information Technology Policy Committee (ITPC) on the basics of the Visa/MC Payment Card Industry (PCI) standards and the next steps to become compliant. These include completion of an application survey, one-on-one consultation with City departments, ITA and the Treasurer’s Office, completion of the PCI questionnaire, network scans, remediation if necessary, and on-going security requirements. The Treasurer’s Office will be meeting with the 15 departments that currently accept credit cards on June 13, 2007. Treasury Workstation Project The Office of the Controller has agreed to convert the existing ARS Cash Receipt (CR) interface to a Cash Receipt Correction (CRC) interface. This will allow the creation of all original cash receipts by the Treasury Workstation. This will streamline the processing of cash receipts, improve reconciliation and provide for quicker upload of information into FMIS. Bank of America Transformation by Design During the month of May, Treasury and City staff will be participating in a series of interviews with Bank of America to review recent product implementations. These interviews will assist Bank of America in improving their delivery of services to

Honorable Members of the City Council Treasurer’s Report – March 2007 May 18, 2007 Page 8 Cities: City of Los Angeles Counties: San Bernardino County, Orange County Educational Inv.

Pool, Orange County Inv. Pool, and Riverside County State Pools: Some states have more than one pool rated by S&P

Nationwide Governmental Investment Pools - 11 TotalCredit Rating of Aaa

Moody's Investor Service

County Pools4

36%

Cities1

9%

State Pools6

55%

Cities County State


Governmental Investment Pools - 70 Total

Credit Raings - AAAf or AAAmStandard & Poor's

State Pools62

89%

Cities3

4%

Counties5

7%

Cities Counties States

Cities: City of Long Beach, City of Los Angeles, and City of Houston Counties: San Bernardino County, San Diego County, Ventura County, Kings County, Solano County State Pools: Some states have more than one pool rated by S&P


Core PortfolioMarch 31, 2007

U.S. Federal Agencies

0%

Negotiable CDs0%

Cash - BofA3%

L.A.I.F.0%

Commercial Paper97%

Cash - BofA L.A.I.F. Commercial PaperU.S. Federal Agencies Negotiable CDs

Reserve PortfolioMarch 31, 2007

MMF0%

Commercial Paper0%

U.S. Federal Agencies

58%

Med Term Corp Notes

25%

U.S. Treasuries

17%

MMF Commercial PaperMed Term Corp Notes U.S. Federal AgenciesU.S. Treasuries

Consolidated General PoolMarch 31, 2007

Negotiable CDs0%

Cash - BofA1%

L.A.I.F.0%Money Market

0%

U.S. Federal Agencies48%

Med Term Corp Notes21%

Commercial Paper16%U.S. Treasuries

14%

Cash - BofA Money Market L.A.I.F. Commercial PaperNegotiable CDs Med Term Corp Notes U.S. Federal Agencies U.S. Treasuries


Percent of Description Par Value Market Value Total Days YearsBank Deposits* $30,104,777 $30,104,777 0.54% 1.0 0.0Money Market Funds $0 $0 0.00% 0.0 0.0L.A.I.F. (State of California) $2,630,055 $2,630,055 0.05% 1.0 0.0

Subtotal: Cash and Overnight $32,734,833 $32,734,833 0.59% 1.0 0.0

BNY Sweep Account $13,047 $13,047 0.00% 0.0 0.0Bankers Acceptances $0 $0 0.00% 0.0 0.0Commercial Paper $868,925,000 $867,153,402 15.57% 23.0 0.1Negotiable Certificates of Dep $0 $0 0.00% 0.0 0.0Corporate Notes $0 $0 0.00% 0.0 0.0U.S. Federal Agencies $0 $0 0.00% 0.0 0.0U.S. Treasuries $0 $0 0.00% 0.0 0.0Subtotal: Pooled Investments: $868,938,047 $867,166,450 15.57% 6.0 0.0

Total Short-Term Core Portfolio: $901,672,880 $899,901,282 16.16% 13.0 0.0

BNY Sweep Account $0 $0 0.00% 0.0 0.0Bankers Acceptances $0 $0 0.00% 0.0 0.0Commercial Paper $150,000,000 $0 0.00% 0.0 0.0Negotiable Certificates of Dep $0 $0 0.00% 0.0 0.0Corporate Notes $1,140,736,000 $1,131,290,672 20.31% 622.0 1.7U.S. Federal Agencies $2,630,075,000 $2,627,446,039 47.17% 1066.0 2.9U.S. Treasuries $765,000,000 $761,211,188 13.67% 941.0 2.6

Total Long-Term Reserve Portfolio $4,685,811,000 $4,669,835,239 83.84% 899.0 2.5

Total Cash and Pooled Investments $5,587,483,880 $5,569,736,521 100.00% 761.0 2.1

GENERAL PORTFOLIO ASSET HOLDINGSMarch 31, 2007

* Collected Balance For Bank of America Active Account

Average Weighted


LIQUIDITY SCHEDULEMarch 31, 2007

Percent of

Availability Market Value Cumulative Total DescriptionBank Deposits* Immediate $30,104,777 $30,104,777 0.54%Money Market Funds Immediate $0 $30,104,777 0.54%L.A.I.F. (State of California) Immediate $2,630,055 $32,734,833 0.59%

Pooled Investments Maturing:< 30 days $1,017,053,790 $1,049,788,622 18.85%

31 to 90 days $24,980,469 $1,074,769,091 19.30%91 to 180 days $167,626,823 $1,242,395,914 22.31%

181 to 365 days $332,452,984 $1,574,848,898 28.28%1 to 2 years $1,154,888,198 $2,729,737,096 49.01%2 to 3 years $1,275,907,999 $4,005,645,095 71.92%3 to 4 years $955,843,063 $4,961,488,157 89.08%4 to 5 years $608,248,364 $5,569,736,521 100.00%

Total Cash and Pooled Investments $5,569,736,521


Maturity Schedule March 31, 2007

$0

$200

$400

$600

$800

$1,000

$1,200

$1,400

Mill

ions

< 30 d

ays

31 to

90 day

s91

to 18

0 day

s18

1 to 36

5 day

s

1 to 2

yrs

2 to 3

yrs

3 to 4

yrs

4 to 5

yrs


Current Month Prior Month

Description March 31, 2007 February 28, 2007

Yield to Maturity (at market):Bank Deposits* 5.32% 5.32%Money Market Funds 5.11% 4.60%L.A.I.F. 5.21% 5.18%Pooled Investments - Core 5.34% 5.34%Pooled Investments - Reserve 4.35% 4.30%Total Portfolio Funds 4.50% 4.46%

Weighted Average Maturity (Days) 761.0 776.0Weighted Average Maturity (Years) 2.1 2.1

Balances (at Market):Bank Deposits* $30,104,777 $94,261,438Pooled Investments - Core $869,796,505 $803,822,235Pooled Investments - Reserve $4,669,835,239 $4,497,197,409Total Value - Market: $5,569,736,521 $5,395,281,082Total Value - Book: $5,604,282,463 $5,426,708,742Total Value - Par Value: $5,587,483,880 $5,420,095,499

Earnings**Total Interest Earned during Period: $21,355,199 $19,930,350Total Adjustments from Premiums and Discounts: -$699,128 -$499,774Total Capital Gains or Losses: $823,905 -$610,955Total Earnings During Period: $21,479,976 $18,819,621

FY Year to Date Earnings: $163,796,730 $142,316,754


** Interest earnings. Adjustments for Premium/Discounts as calculated by City's SYMPRO investment accounting

SUMMARY AND COMPARISON OF YIELDS AND BALANCESMarch 31, 2007

on an accrual basis. Total Capital Gains or Losses are actual cash values.


Month Ended Year EndedDescription Market Value Book Value Days Years Mar-07 Mar-07 Jan-07 Oct-06 Jul-06 Mar-07

Core Portfolio $899,901,282 $898,357,628 13.0 0.0 0.45% 1.32% 1.36% 1.35% 1.30% 5.37%

Reserve Portfolio $4,669,835,239 $4,705,924,835 899.0 2.5 0.32% 1.51% 0.72% 2.05% 1.16% 5.67%

Total Pooled Funds $5,569,736,521 $5,604,282,463 761.0 2.1 n/a n/a n/a n/a n/a n/a

Performance Benchmarks:

91 Day Treasury Bill: 0.45% 1.25% 1.29% 1.29% 1.22% 5.09%

Merrill Lynch 1 to 5 year Corporate Government, A rated: 0.35% 1.54% 0.69% 1.99% 1.17% 5.58%

Quarter Ending

INVESTMENT PERFORMANCEMarch 31, 2007

1.1%

1.2%

1.2%

1.3%

1.3%

1.4%

1.4%

Mar-07Jan-07Oct-06Jul-06

Quarterly Core Performance

Core Portfolio Benchmark

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

Mar-07Jan-07Oct-06Jul-06

Quarterly Reserve Performance

Reserve Portfolio Benchmark


U.S. Treasury Interest Rates - HistoricalMarch 2005 to March2007

3.0%

3.5%

4.0%

4.5%

5.0%

5.5%

6.0%

91 Day T Bill 2 Yr Note

Treasury Yield CurveMarch 2006 and March 2007

2.0%

2.5%

3.0%

3.5%

4.0%

4.5%

5.0%

5.5%

6.0%

Fed Fds

3 mo

6 mo 1yr 2 yr

3 yr4 yr

5 yr7 yr

10 yr

30 yr

March 2006 March 2007


CORE PORTFOLIO

Maturity Credit Par Book Market AccruedType

Issue Coupon Date Rating Cusip # Value Value Value Interest YTM MMF BOFA EMAND ACCOUNT 5.32 4/1/07 AAA N/A $30,104,777.00 $30,104,777.00 $30,104,777.00 N/A 5.32 %MMF BONY SWEEP A/C 5.11 4/1/07 AAA SYS50070 $13,047.49 $13,047.49 $13,047.49 $11.31 5.11 %MMF LAIF DEPOSIT 5.21 4/1/07 AAA SYS34208 $711,571.10 $711,571.10 $711,571.10 $3,151.07 5.21 %MMF LAIF DEPOSIT 5.21 4/1/07 AAA SYS50078 $628,981.80 $628,981.80 $628,981.80 $2,785.34 5.21 %MMF LAIF DEPOSIT 5.21 4/1/07 AAA SYS50080 $674,758.68 $674,758.68 $674,758.68 $2,988.05 5.21 %MMF LAIF DEPOSIT 5.21 4/1/07 AAA SYS50081 $614,743.77 $614,743.77 $614,743.77 $2,722.29 5.21 %CPD UBS FINANCE 5.25 4/2/07 A1+ 90262DR23 $52,415,000.00 $52,277,410.63 $52,390,972.96 $129,945.52 5.34 %CPD AIG FUNDING 5.26 4/3/07 A1+ 00137FR38 $10,000,000.00 $9,981,005.56 $9,993,955.00 $16,072.22 5.34 %CPD AIG FUNDING 5.26 4/3/07 A1+ 00137FR38 $20,041,000.00 $20,000,005.02 $20,028,885.22 $35,138.55 5.34 %CPD AMERICAN GENERAL FIN 5.27 4/4/07 A1 02635SR41 $30,066,000.00 $29,999,980.08 $30,043,390.37 $52,815.94 5.35 %CPD RABOBANK USA FIN 5.26 4/4/07 A1+ 74977LR41 $10,000,000.00 $9,979,544.44 $9,992,494.00 $16,072.23 5.34 %CPD ABBEY NATIONAL 5.26 4/5/07 A1 0027A1R50 $14,580,000.00 $14,545,915.20 $14,566,926.11 $25,563.60 5.35 %CPD AIG FUNDING 5.26 4/5/07 A1+ 00137FR53 $20,000,000.00 $19,956,166.67 $19,982,066.00 $32,144.44 5.34 %CPD ABBEY NATIONAL 5.26 4/6/07 A1 0027A1R68 $30,075,000.00 $30,000,297.04 $30,043,637.79 $52,731.50 5.35 %CPD ABBEY NATIONAL 5.26 4/9/07 A1 0027A1R92 $31,434,000.00 $31,346,735.72 $31,387,439.96 $50,521.43 5.35 %CPD RABOBANK USA FIN 5.25 4/10/07 A1+ 74977LRA7 $50,386,000.00 $50,246,521.75 $50,304,006.86 $73,409.61 5.33 %CPD ABBEY NATIONAL 5.24 4/11/07 A1 0027A1RB7 $68,496,000.00 $68,087,621.14 $68,374,529.19 $308,774.26 5.34 %CPD AIG FUNDING 5.26 4/11/07 A1+ 00137FRB0 $46,084,000.00 $45,956,065.70 $46,002,274.63 $60,600.46 5.35 %CPD AMERICAN GENERAL CORP 5.26 4/12/07 A1+ 02635SRC3 $40,000,000.00 $39,906,488.89 $39,923,076.00 $29,222.22 5.35 %CPD UBS FINANCE 5.24 4/13/07 A1+ 90262DRD9 $96,586,000.00 $96,066,327.08 $96,386,491.96 $351,130.35 5.34 %CPD CARGILL, INC 5.28 4/16/07 A1 14177URG8 $47,265,000.00 $47,126,356.00 $47,146,653.17 $34,661.00 5.37 %CPD TOYOTA MOTOR CREDIT 5.23 4/17/07 A1+ 89233HRH9 $20,000,000.00 $19,941,888.89 $19,947,000.00 $11,622.22 5.32 %CPD SOCIETE GENERALE 5.25 4/18/07 A-1+ 83365SRJ4 $30,000,000.00 $29,908,125.00 $29,916,114.00 $17,500.00 5.34 %CPD SOCIETE GENERALE 5.25 4/19/07 A-1+ 83365SRK1 $34,136,000.00 $34,026,480.33 $34,035,561.65 $19,912.67 5.34 %CPD RABOBANK USA FIN 5.25 4/20/07 A1+ 74977LRL3 $25,000,000.00 $24,923,437.50 $24,922,790.00 $7,291.67 5.34 %CPD SOCIETE GENERALE 5.24 4/24/07 A-1+ 83365SRQ8 $36,316,000.00 $36,178,564.12 $36,182,618.60 $15,857.99 5.33 %CPD ABBEY NATIONAL 5.24 4/25/07 A1 0027A1RR2 $90,567,000.00 $90,000,151.21 $90,221,133.68 $250,468.07 5.35 %CPD BEAR STEARNS 5.24 4/25/07 A1 07389BRR4 $30,478,000.00 $30,287,241.58 $30,361,385.08 $84,288.60 5.35 %CPD SOCIETE GENERALE 5.24 4/25/07 A-1+ 83365SRR6 $35,000,000.00 $34,867,418.06 $35,000,000.00 $10,198.61 5.34 %

Core Portfolio Total $901,672,880.00 $898,357,627.45 $899,901,282.07 $1,697,601.22 5.34 %

CITY OF LOS ANGELES ASSET HOLDINGSMarch 31, 2007

Purchases

D

Honorable Members of the City Council Treasurer’s Report – March 2007 May 18, 2007 Page 17 RESERVE PORTFOLIO

Maturity Credit Par Book Market Accrued PurchasesType Issue Coupon Date Rating Cusip # Value Value Value Interest YTMCPD TOYOTA MOTOR CREDIT (CP) 5.23 04/04/07 A1+ 89233HR48 $100,000,000.00 $99,912,833.33 $99,924,940.00 $43,583.34 5.31 %CPD AMERICAN EXPRESS (CP) 5.25 04/04/07 A1 02581SR45 $50,000,000.00 $49,963,541.67 $49,962,400.00 $14,583.33 5.33 %MTN GECC 5.00 06/15/07 AAA 36962GYZ1 $10,000,000.00 $10,044,588.34 $9,992,187.50 $41,666.66 2.71 %MTN GECC 5.00 06/15/07 AAA 36962GYZ1 $15,000,000.00 $15,066,426.85 $14,988,281.25 $62,500.00 2.73 %MTN WAL-MART STORES 4.38 07/12/07 AA 931142BR3 $10,000,000.00 $10,052,335.59 $9,977,700.00 $36,458.33 2.42 %MTN ALLSTATE CORP 3.50 07/30/07 AA 02003MAC8 $15,900,000.00 $15,875,715.14 $15,806,190.00 $46,375.00 3.99 %MTN US BANK-NOTE 3.70 08/01/07 AA- 90331HKE2 $20,000,000.00 $20,023,595.88 $19,882,800.00 $61,666.67 3.33 %MTN GECC 3.50 08/15/07 AAA 36962GD68 $45,000,000.00 $45,056,276.95 $44,719,650.00 $131,250.00 3.14 %MTN GOLDEN WEST FINANCIAL 4.13 08/15/07 A+ 381317AP1 $19,000,000.00 $19,006,675.66 $18,922,670.00 $65,312.50 4.02 %AGY FFCB DEBS 2.63 09/17/07 AAA 31331TYF2 $10,000,000.00 $9,983,879.59 $9,884,375.00 $21,875.00 2.99 %AGY FFCB DEBS 2.63 09/17/07 AAA 31331TYF2 $29,000,000.00 $29,032,245.43 $28,664,687.50 $63,437.50 2.37 %AGY FFCB DEBS 2.63 09/17/07 AAA 31331TYF2 $20,000,000.00 $19,993,606.31 $19,768,750.00 $43,750.00 2.70 %AGY FFCB DEBS 3.00 12/17/07 AAA 31331SGQ0 $50,000,000.00 $49,823,335.85 $49,250,000.00 $125,000.00 3.53 %MTN COMMERCIAL CREDIT CO 6.25 01/01/08 AA- 201615DT5 $10,000,000.00 $10,246,544.06 $10,057,812.50 $52,083.33 2.73 %MTN BANC OF AMERICA 3.88 01/15/08 AA- 060505AW4 $25,000,000.00 $25,025,500.95 $24,722,000.00 $80,729.17 3.73 %MTN LEHMAN BROS. 4.00 01/22/08 A 524908FD7 $21,000,000.00 $21,030,498.21 $20,763,120.00 $70,000.00 3.81 %MTN BEAR STEARNS NOTE 4.00 01/31/08 A 073902CA4 $10,000,000.00 $9,985,021.41 $9,905,700.00 $33,333.34 4.19 %MTN CITIGROUP INC. 3.50 02/01/08 AA- 172967BS9 $25,000,000.00 $24,938,194.01 $24,658,000.00 $72,916.66 3.83 %MTN CITIGROUP INC. 3.50 02/01/08 AA- 172967BS9 $15,000,000.00 $15,103,566.70 $14,794,800.00 $43,750.00 2.62 %MTN CITIGROUP INC. 3.50 02/01/08 AA- 172967BS9 $10,000,000.00 $10,068,251.89 $9,863,200.00 $29,166.66 2.63 %MTN CITIGROUP INC. 3.50 02/01/08 AA- 172967BS9 $20,000,000.00 $20,138,233.03 $19,726,400.00 $58,333.34 2.62 %MTN LEHMAN BROS. 7.00 02/01/08 A 524908CV0 $17,025,000.00 $17,443,256.44 $17,232,194.25 $99,312.50 3.85 %MTN IBM CORP 3.80 02/01/08 A1 45920QET7 $15,000,000.00 $14,868,218.79 $14,833,200.00 $47,500.00 4.92 %TSY UST NOTES 5.50 02/15/08 AAA 9128273X8 $50,000,000.00 $51,010,133.00 $50,238,500.00 $235,497.24 4.75 %MTN WELLS FARGO CO. 4.13 03/10/08 AA- 949746JQ5 $27,250,000.00 $27,216,056.64 $26,941,257.50 $93,671.88 4.27 %AGY FHLMC DEBS 2.75 03/15/08 AAA 3134A4TE4 $10,000,000.00 $9,941,897.02 $9,787,500.00 $22,916.66 3.40 %MTN US BANK-NOTE 4.13 03/17/08 AA- 90331HKS1 $30,000,000.00 $29,962,338.05 $29,679,300.00 $103,125.00 4.26 %MTN MORGAN STANLEY 3.63 04/01/08 A+ 617446HW2 $20,000,000.00 $20,115,548.39 $19,681,400.00 $60,416.66 2.99 %MTN MORGAN STANLEY 3.63 04/01/08 A+ 617446HW2 $8,180,000.00 $8,227,242.33 $8,049,692.60 $24,710.41 3.00 %MTN WELLS FARGO CO. 3.50 04/04/08 AA- 949746EX5 $15,000,000.00 $14,915,283.65 $14,745,150.00 $43,750.00 4.10 %MTN MERRILL LYNCH 3.70 04/21/08 A+ 59018YQU8 $45,000,000.00 $45,358,513.71 $44,285,850.00 $138,750.00 2.89 %MTN GECC 3.50 05/01/08 AAA 36962GB78 $25,000,000.00 $25,173,062.50 $24,568,250.00 $72,916.67 2.81 %MTN GECC 3.50 05/01/08 AAA 36962GB78 $15,000,000.00 $15,041,715.33 $14,740,950.00 $43,750.00 3.22 %MTN GENERAL DYNAMICS 3.00 05/15/08 A 369550AJ7 $5,000,000.00 $4,996,330.33 $4,887,150.00 $12,500.00 3.07 %TSY UST NOTES 5.63 05/15/08 AAA 9128274F6 $50,000,000.00 $51,511,384.43 $50,408,000.00 $240,849.45 2.75 %AGY FNMA DEBS 2.50 06/15/08 AAA 31359MSB0 $30,000,000.00 $29,718,108.81 $29,137,500.00 $62,500.00 3.33 %MTN MET LIFE 2.60 06/19/08 AA 59217EAD6 $10,000,000.00 $9,819,625.32 $9,692,900.00 $21,666.67 4.20 %AGY FHLB DEBS 2.63 07/15/08 AAA 31339YGN6 $60,000,000.00 $59,468,197.54 $58,293,750.00 $131,250.00 3.36 %AGY FFCB DEBS 3.38 07/15/08 AAA 31331SJK0 $50,000,000.00 $49,821,425.87 $49,015,625.00 $140,625.00 3.67 %AGY FNMA DEBS 3.25 08/15/08 AAA 31359MSQ7 $30,000,000.00 $29,895,285.67 $29,334,375.00 $81,250.00 3.52 %MTN WELLS FARGO CO. 4.00 08/15/08 AA- 949746JB8 $24,000,000.00 $23,885,477.34 $23,602,320.00 $80,000.00 4.38 %AGY FHLB DEBS 5.80 09/02/08 AAA 3133M5JV3 $100,000,000.00 $102,315,131.26 $101,156,250.00 $483,333.33 3.99 %TSY UST NOTES 3.13 09/15/08 AAA 912828BK5 $50,000,000.00 $49,579,400.86 $48,865,000.00 $132,608.89 3.75 %TSY UST NOTES 3.13 09/15/08 AAA 912828BK5 $50,000,000.00 $50,401,507.54 $48,865,000.00 $132,608.89 2.54 %MTN GECC 3.60 10/15/08 AAA 36962GL51 $50,000,000.00 $49,417,072.78 $48,907,500.00 $150,000.00 4.43 %AGY FFCB DEBS 3.63 10/24/08 AAA 31331THX2 $13,000,000.00 $13,002,362.59 $12,752,187.50 $39,270.83 3.61 %AGY FFCB DEBS 3.63 10/24/08 AAA 31331THX2 $30,000,000.00 $30,034,410.04 $29,428,125.00 $90,625.00 3.55 %


Maturity Credit Par Book Market Accrued PurchasesType Issue Coupon Date Rating Cusip # Value Value Value Interest YTMMTN MERRILL LYNCH 4.83 10/27/08 A+ 59018YWG2 $5,500,000.00 $5,589,902.47 $5,469,750.00 $2,952.27 5.08 %MTN MERRILL LYNCH 4.83 10/27/08 A+ 59018YWG2 $10,000,000.00 $10,162,862.36 $9,945,000.00 $14,761.38 5.02 %MTN AMERICAN HONDA 3.85 11/06/08 A+ 02666QTZ6 $15,000,000.00 $14,901,595.40 $14,704,950.00 $48,125.00 4.30 %AGY FHLB DEBS 3.63 11/14/08 AAA 3133X1XC6 $80,000,000.00 $80,001,548.35 $78,425,000.00 $241,666.67 3.62 %TSY UST NOTES 4.75 11/15/08 AAA 9128274V1 $50,000,000.00 $50,997,413.08 $50,023,437.50 $203,383.98 3.41 %MTN TOYOTA MOTOR CREDIT 5.50 12/15/08 AAA 892332AH0 $11,000,000.00 $11,051,947.43 $11,047,190.00 $50,416.67 5.20 %AGY FNMA DEBS 5.25 01/15/09 AAA 31359MEK5 $60,000,000.00 $61,550,445.14 $60,356,250.00 $262,500.00 3.67 %MTN MORGAN STANLEY 3.88 01/15/09 A+ 61746BAL0 $5,000,000.00 $4,961,410.93 $4,898,650.00 $16,145.84 4.35 %MTN CREDIT SUISSE 3.88 01/15/09 A+ 22541LAL7 $10,000,000.00 $9,921,553.30 $9,803,400.00 $32,291.67 4.36 %AGY FFCB DEBS 3.75 01/15/09 AAA 31331SNF6 $40,000,000.00 $39,665,374.63 $39,225,000.00 $125,000.00 4.25 %MTN IBM CORP 5.38 02/01/09 A1 459200AT8 $11,554,000.00 $11,719,558.27 $11,621,937.52 $18,975.84 4.97 %MTN CITIGROUP INC. 3.63 02/09/09 AA- 172967CH2 $30,000,000.00 $29,127,211.14 $29,277,600.00 $90,625.00 5.32 %MTN BANK OF AMERICA 3.38 02/17/09 Aa1 060505BH6 $35,000,000.00 $34,107,126.58 $33,973,100.00 $98,437.50 4.86 %MTN MERRILL LYNCH 6.00 02/17/09 A+ 590188JP4 $10,000,000.00 $10,114,979.69 $10,149,100.00 $50,000.00 5.34 %MTN MERRILL LYNCH 6.00 02/17/09 A+ 590188JP4 $20,000,000.00 $20,259,078.48 $20,298,200.00 $100,000.00 5.25 %MTN MERRILL LYNCH 6.00 02/17/09 A+ 590188JP4 $16,000,000.00 $16,323,414.86 $16,238,560.00 $80,000.00 4.83 %MTN PEPSI BOTTLING GROUP 5.63 02/17/09 A+ 713411AB2 $29,112,000.00 $29,408,218.00 $29,366,147.76 $136,462.50 5.04 %MTN PEPSI BOTTLING GROUP 5.63 02/17/09 A+ 713411AB2 $15,000,000.00 $15,147,622.60 $15,130,950.00 $70,312.50 5.06 %MTN GOLDMAN SACHS 6.50 02/25/09 A+ 38141MMP3 $10,000,000.00 $10,238,491.46 $10,235,500.00 $54,166.67 5.13 %MTN LEHMAN BROS. 3.60 03/13/09 A 52517PVU2 $25,000,000.00 $24,653,178.57 $24,281,500.00 $75,000.00 4.50 %TSY UST NOTES 3.13 04/15/09 AAA 912828CE8 $80,000,000.00 $79,588,222.79 $77,716,000.00 $212,912.08 3.40 %AGY FFCB DEBS 4.13 04/15/09 AAA 31331SRZ8 $40,000,000.00 $40,173,961.70 $39,425,000.00 $137,500.00 3.89 %MTN US BANK-NOTE 5.30 04/28/09 AA- 91159HGK0 $15,000,000.00 $14,969,736.03 $15,098,700.00 $66,250.00 5.41 %MTN AIG 4.63 05/15/09 A+ 02635PSP9 $10,000,000.00 $9,889,105.47 $9,874,100.00 $38,541.66 5.20 %MTN AIG 4.63 05/15/09 A+ 02635PSP9 $10,000,000.00 $10,086,553.49 $9,874,100.00 $38,541.66 4.17 %MTN AIG 4.63 05/15/09 A+ 02635PSP9 $4,500,000.00 $4,538,523.52 $4,443,345.00 $17,343.75 4.18 %AGY FNMA DEBS 4.25 05/15/09 AAA 31359MVE0 $60,000,000.00 $60,048,082.01 $59,268,750.00 $212,500.00 4.21 %MTN GOLDMAN SACHS 6.65 05/15/09 A-3 38141GAA2 $31,635,000.00 $32,371,413.91 $32,616,634.05 $175,310.62 5.45 %MTN AMERICAN HONDA 4.50 05/26/09 A+ 02666QUW1 $10,000,000.00 $9,860,816.61 $9,875,900.00 $37,500.00 5.21 %MTN ALLSTATE CORP 4.50 05/29/09 AA 02003MAA2 $23,000,000.00 $22,655,877.30 $22,757,580.00 $86,250.00 5.26 %MTN GOLDEN WEST FINANCIAL 4.50 06/15/09 A+ 98153BAE4 $11,150,000.00 $11,079,820.37 $10,998,137.00 $41,812.50 4.81 %MTN GOLDEN WEST FINANCIAL 4.50 06/15/09 A+ 98153BAE4 $20,000,000.00 $19,637,196.30 $19,727,600.00 $75,000.00 5.40 %AGY FHLMC DEBS 4.25 07/15/09 AAA 3134A4US1 $40,000,000.00 $39,963,824.39 $39,475,000.00 $141,666.67 4.29 %AGY FFCB DEBS 4.13 07/17/09 AAA 31331SQ89 $40,000,000.00 $39,886,040.40 $39,375,000.00 $137,500.00 4.26 %AGY FFCB DEBS 4.13 07/17/09 AAA 31331SQ89 $40,000,000.00 $39,764,586.98 $39,375,000.00 $137,500.00 4.40 %AGY FHLB DEBS 3.88 07/24/09 AAA 3133XACK1 $30,000,000.00 $29,707,709.09 $29,334,375.00 $96,875.00 4.34 %MTN WAL-MART STORES 6.88 08/10/09 AA 931142BE2 $25,000,000.00 $26,082,977.65 $26,022,000.00 $143,229.16 4.85 %


Type Issue Coupon Date Rating Cusip # Value Value Value Interest YTMAGY FHLB DEBS 3.75 08/18/09 AAA 3133X8EL2 $60,000,000.00 $59,452,181.69 $58,556,250.00 $187,500.00 4.17 %AGY FHLMC DEBS 6.63 09/15/09 AAA 3134A3M78 $90,000,000.00 $95,584,019.09 $93,656,250.00 $496,875.00 3.83 %MTN HOME DEPOT INC. 3.75 09/15/09 AA 437076AL6 $47,000,000.00 $45,481,193.52 $45,543,000.00 $146,875.00 5.20 %AGY FNMA DEBS 6.63 09/15/09 AAA 31359MEY5 $100,000,000.00 $102,547,000.87 $104,062,500.00 $552,083.33 5.48 %MTN GECC 5.25 10/27/09 AAA 36962GZ31 $45,000,000.00 $45,663,787.94 $45,301,950.00 $196,875.00 4.99 %AGY FHLB DEBS 4.00 11/13/09 AAA 3133MTRK6 $10,000,000.00 $9,893,737.46 $9,796,875.00 $33,333.33 4.45 %AGY FHLB DEBS 4.00 11/13/09 AAA 3133MTRK6 $15,000,000.00 $14,839,259.68 $14,695,312.50 $50,000.00 4.46 %AGY FHLB DEBS 4.00 11/13/09 AAA 3133MTRK6 $10,000,000.00 $9,891,695.25 $9,796,875.00 $33,333.33 4.46 %AGY FHLMC DEBS 4.00 12/15/09 AAA 3134A4UW2 $80,000,000.00 $79,401,290.05 $78,325,000.00 $266,666.67 4.31 %AGY FHLMC DEBS 4.00 12/15/09 AAA 3134A4UW2 $20,000,000.00 $19,966,770.10 $19,581,250.00 $66,666.66 4.07 %TSY UST NOTES 3.50 12/15/09 AAA 912828DE7 $40,000,000.00 $39,792,462.57 $38,932,800.00 $119,230.77 3.71 %MTN GOLDEN WEST FINANCIAL 4.13 12/15/09 A+ 98151GAA3 $10,000,000.00 $9,726,691.92 $9,766,300.00 $34,375.00 5.25 %MTN WELLS FARGO CO. 4.20 01/15/10 AA- 949746JJ1 $22,930,000.00 $22,339,318.65 $22,433,565.50 $80,255.00 5.22 %AGY FNMA DEBS 3.88 02/15/10 AAA 31359MXH1 $70,000,000.00 $69,462,932.83 $68,337,500.00 $226,041.66 4.17 %TSY UST NOTES 6.50 02/15/10 AAA 9128275Z1 $60,000,000.00 $63,027,992.67 $63,105,600.00 $333,977.90 4.55 %TSY UST NOTES 4.00 03/15/10 AAA 912828DP2 $10,000,000.00 $9,855,378.53 $9,853,500.00 $56,047.32 4.55 %AGY FHLB DEBS 4.38 03/17/10 AAA 3133XBB20 $80,000,000.00 $80,362,914.32 $79,125,000.00 $291,666.67 4.20 %AGY FHLB DEBS 4.38 03/17/10 AAA 3133XBB20 $20,000,000.00 $20,205,593.68 $19,781,250.00 $72,916.67 3.99 %TSY UST NOTES 4.00 04/15/10 AAA 912828DR8 $80,000,000.00 $78,454,745.68 $78,775,000.00 $272,527.48 4.71 %AGY FHLB DEBS 4.25 06/11/10 AAA 3133XBTH8 $50,000,000.00 $49,707,398.40 $49,187,500.00 $177,083.34 4.45 %AGY FHLMC DEBS 4.13 07/12/10 AAA 3134A4VB7 $60,000,000.00 $59,071,760.15 $58,762,500.00 $206,250.00 4.65 %AGY FHLMC DEBS 4.13 07/12/10 AAA 3134A4VB7 $40,000,000.00 $39,652,475.14 $39,175,000.00 $137,500.00 4.42 %TSY UST NOTES 4.13 08/15/10 AAA 912828ED8 $60,000,000.00 $59,912,401.69 $59,245,200.00 $211,947.52 4.17 %AGY FHLB DEBS 4.38 09/17/10 AAA 3133XCQZ9 $40,000,000.00 $39,886,486.40 $39,437,500.00 $145,833.34 4.47 %TSY UST NOTES 4.25 10/15/10 AAA 912828EJ5 $40,000,000.00 $39,726,155.62 $39,645,200.00 $144,780.22 4.47 %AGY FHLB DEBS 4.75 12/10/10 AAA 3133XDTA9 $25,000,000.00 $24,761,987.48 $24,906,250.00 $98,958.33 5.04 %AGY FNMA DEBS 4.75 12/15/10 AAA 31359MZL0 $50,000,000.00 $49,588,644.60 $49,875,000.00 $197,916.67 5.00 %AGY FNMA DEBS 4.75 12/15/10 AAA 31359MZL0 $65,000,000.00 $64,433,271.74 $64,837,500.00 $257,291.66 5.01 %MTN WELLS FARGO CO. 4.88 01/12/11 AA- 949746NB3 $20,000,000.00 $19,685,348.25 $19,888,600.00 $81,250.00 5.35 %AGY FHLMC DEBS 4.75 01/18/11 AAA 3134A4VJ0 $60,000,000.00 $59,498,434.94 $59,831,250.00 $237,500.00 4.99 %AGY FHLMC DEBS 4.75 01/18/11 AAA 3134A4VJ0 $40,000,000.00 $39,416,951.84 $39,887,500.00 $158,333.34 5.18 %AGY FNMA DEBS 4.50 02/15/11 AAA 31359MF40 $100,000,000.00 $99,298,837.43 $98,937,500.00 $375,000.00 4.70 %AGY FHLB DEBS 4.63 02/18/11 AAA 3133XECU1 $75,000,000.00 $74,193,620.05 $74,437,500.00 $289,062.50 4.93 %AGY FNMA DEBS 5.50 03/15/11 AAA 31359MHK2 $35,000,000.00 $35,536,194.82 $35,798,437.50 $160,416.67 5.06 %AGY FNMA DEBS 5.50 03/15/11 AAA 31359MHK2 $30,000,000.00 $30,227,043.36 $30,684,375.00 $137,500.00 5.28 %AGY FHLMC DEBS 5.63 03/15/11 AAA 3134A4DY7 $90,000,000.00 $91,758,841.92 $92,531,250.00 $421,875.00 5.07 %AGY FHLMC DEBS 5.13 04/18/11 AAA 3137EAAB5 $50,000,000.00 $51,106,211.38 $50,515,625.00 $213,541.67 4.71 %AGY FNMA DEBS 6.00 05/15/11 AAA 31359MJH7 $100,000,000.00 $102,586,972.97 $104,281,250.00 $500,000.00 5.28 %AGY FNMA DEBS 5.00 10/15/11 AAA 31359MZ30 $70,000,000.00 $70,838,471.25 $70,415,625.00 $291,666.67 5.00 %AGY FNMA DEBS 5.38 11/15/11 AAA 31359MLS0 $78,075,000.00 $80,252,949.38 $79,807,289.06 $349,710.94 5.01 %AGY FHLMC DEBS 5.75 01/15/12 AAA 3134A4JT2 $55,000,000.00 $57,701,214.66 $57,096,875.00 $202,048.61 4.79 %AGY FNMA DEBS 5.00 02/16/12 AAA 31359M5H2 $100,000,000.00 $101,196,944.44 $100,593,750.00 $319,444.45 4.79 %TSY UST NOTES 4.63 02/29/12 AAA 912828GK0 $100,000,000.00 $100,855,602.60 $100,371,000.00 $339,334.24 4.45 %TSY UST NOTES 4.63 02/29/12 AAA 912828GK0 $45,000,000.00 $45,364,414.62 $45,166,950.00 $135,733.69 4.47 %

Reserve Portfolio Total 4,685,811,000$ 4,705,924,835$ 4,669,835,239$ 16,857,858$ 4.35 %

Consolidated Portfolio Total 5,587,483,880$ 5,604,282,463$ 5,569,736,521$ 18,555,459$ 4.50 %


AverageSecurities Total Percent Average

Month Outstanding Portfolio of Funds Earnings Gross Net Earnings CumulativeEnding ($000) ($000)* Invested Spread Earnings to City (80%) Earnings

July 31, 2006 $981,405 $5,245,211 18.71% 0.20% $164,854 $131,901 $131,901August 31, 2006 $991,972 $5,295,424 18.73% 0.10% $83,209 $66,585 $198,486September 30, 2006 $964,209 $5,317,469 18.13% 0.11% $89,072 $71,270 $269,756October 31, 2006 $983,487 $5,350,211 18.38% 0.09% $78,846 $63,090 $332,846November 30, 2006 $982,896 $5,313,064 18.50% 0.09% $73,202 $58,575 $391,421December 31, 2006 $974,974 $5,572,734 17.50% 0.10% $109,938 $87,963 $479,384January 31, 2007 $986,637 $5,505,883 17.92% 0.11% $93,182 $74,558 $553,942February 28, 2007 $996,066 $5,420,095 18.38% 0.09% $68,337 $54,680 $608,622March 31,2007 $999,967 $5,569,737 17.95% 0.13% $108,935 $87,162 $695,784

* Beginning June 2006, the Bank of America Collected Balance is included in the Total Portfolio Value.

Securities Lending Management SummaryMarch 31, 2007

$-

$20,000

Jul-06 Aug-06 Sep-06 Oct-06 Nov-06 Dec-06 Jan-07 Feb-07 Mar-07

$40,000

$60,000

$80,000

$100,000

$120,000

$140,000

$160,000

$180,000

BNY EARNINGSCITY'S EARNINGSGROSS EARNINGS


CITY OF LOS ANGELES Treasury

AUTHORIZED DEALERS AND ISSUERS

PRIMARY DEALERS SECONDARY DEALERS1. BNP Paribas Securities Corp 1. First Tennessee Securities2. Banc of America Securities LLC Securities, LLC 2. Higgins Capital3. Barclays Capital Inc. 12. Goldman, Sachs & Co. 3. Loop Capital4. Bear Stearns & Co., Inc. 13. Greenwich Capital Markets, Inc. 4. Mischler Financial5. Cantor Fitzgerald 14. HSBC Securities (USA) Inc. 5. Morgan Keegan6. Citigroup Global Markets Inc. 15. J.P. Morgan Securities, Inc. 6. NBC Capital Markets Group7. Countrywide Securities Corporation 16. Lehman Brothers Inc. 7. Spear, Leeds & Kellogg8. Credit Suisse First Boston LL 17. Merrill Lynch Gov't. Securities Inc 8. Vining Sparks9. Daiwa Securities America Inc. 18. Mizuho Securities USA Inc 9. Wachovia Securities10. Deutsche Bank Securities Inc. 19. Morgan Stanley & Co. Incorporated

20. Normura Securities International, Inc21. UBS Securties LLS 11. Williams Capital Group

NEGOTIABLE CERTIFICATE OF DEPOSIT ISSUERS1. Bank of America NA 10. Credit Agricole Indo NY 19. Societe Generale2. Bank of Montreal Chicago 11. Deutsche Bank NY 20. Svenska Handelsbanken NY3. Bank of Nova Scotia NY 12. Dexia Bank NY 21. Toronto Dominion NY4. Bank One Corp. 13. Fifth Third Bank 22. UBS AG Stamford CT5. Bank of Scotland NY 14. Fortis Bank NY 23. US Bank NA6. Barclays Bank Plc NY 15. Harris Trust & Savings 24. Wells Fargo Co.7. BNP Paribas NY 16. HSBC Bank USA 25. West Deutsche LB NY8. CIBC NY 17. Lloyds TSB Bk Plc NY 26. Wilmington Trust9. Citibank NA 18. Rabobank Nederland NY

COMMERCIAL PAPER ISSUERS1. Abbey National 21. Dow Jones & Co. 41. Nestle Capital Corp.2. Abbott Laboratories 22. Emerson Electric Co. 42. Pfizer Inc.3. AIG Funding Inc. 23. Exxon Mobil Corp. 43. Pitney Bowes Inc.4. American Express Credit 24. Exxon Project Inv. Corp. 44. Prudential Funding5. Amer. Gen. Finance Corp. 25. Gannett Co. 45. Rabobank USA Fin Corp.6. Amer. Gen. Finance Inc. 26. Gen. Dynamics Corp. 46. Rockwell Collins7. Bear Stearns & Co. 27. GE Capital Corp. 47. SBC Communications Inc.8. Bellsouth Corporation 28. GE Capital Services 48. Sherwin Williams9. BMW US Capital Corp. 29. GE Company 49. Siemens Capital10. Cargill Inc. 30. Gillette Company 50. SLM Corporation11. Caterpillar Financial Serv. 31. Harvard University 51. Societe Generale No. Amer.12. CBA (DE) Finance 32. Int'l Lease Finance 52. State Street Corp.G1813. Chevron Texaco Cor. 33. Johnson Controls 53. Sysco Corp.14. CIT Group Inc. 34. JP Morgan Chase 54. Toyota Motor Credit15. Citicorp 35. Marsh & McLennan Co. 55. UBS Americas16. Citigroup Global Markets 36. Mass Mutual Funding 56. UBS Finance (DE)17. Citigroup Inc. 37. McDonald's Corp. 57. United Parcel18. Coca-Cola Co. 38. Medtronic Inc. 58. USAA Capital Corp.19. Coca-Cola Enterprises 39. Merrill Lynch 59. Wal-Mart Stores20. Computer Science 40. National Australia Funding 60. Wells Fargo & Co.

11. Dresdner Kleinwort Wasserstein

10. Wells Fargo Institutional Securities, LLC


Fund

Description

Book Value208 Wastewater Pool $317,962,834.5726A $285,014,762.2226B $27,907,248.52289 $1,113,379.87290 $19,563,817.04291 $3,058.96292 $673,206.43293 $8,154,163.09294 $9,243,642.14296 $11,454,974.09297 $5,164,992.6645G Sanitation Equipment Fund $4,043.5746A Landscape and Lighting Fund $4,497,963.9349G Solid Waste Resource Rev-2006A $49,171,246.59725 Convention Center Fund $627.2572W Batiquitos Long-Term Investment Fund $5,507,916.27751 Harbor Emergency Fund $91,431,960.26

9304 Harbor Restoration Fund $517,716.23J92 Power System Revenue Bonds 2005 Series A Bond Service Fund $109,679,666.83M7C Water System Revenue Bonds 2005 Series A Construction Fund $100,105,439.54119 2006 Tax and Revenue Anticipation Notes Proceeds $18,584.06P13 TRAN DEBT SERVICE FUND $400,395,156.26

Municipal Improvement Corporation of Los Angeles-AN

Municipal Improvement Corporation of Los Angeles-AU

SPECIAL FUNDS HOLDINGS March 31, 2007

Municipal Improvement Corporation of Los Angeles-AOMunicipal Improvement Corporation of Los Angeles-AQ

Municipal Improvement Corporation of Los Angeles-Lease 2006A-PoliceMunicipal Improvement Corporation of Los Angeles-Lease 2006A-Public Wrk.

Municipal Improvement Corporation of Los Angeles-TMunicipal Improvement Corporation of Los Angeles-AXMunicipal Improvement Corporation of Los Angeles-AR2

Municipal Improvement Corporation of Los Angeles-AR

Total Book Value: $1,447,586,400.38

Special Funds Holdings as of March 31, 2007

208 26A 26B 289 290 291 292 293 294 296 297 45G 46A 49G 725 72W 7519304 J92 M7C 119 P13


CITY OF LOS ANGELES

Office of the Treasurer

Description of Special Funds

Wastewater Pool: The Wastewater Pool represents moneys held in the Sewer Construction and Maintenance Fund (SCM) that includes their Debt Service Funds, Reserve Funds, Construction Funds and Emergency Fund. MICLA-AN: The Special revenue fund is created for the purpose of receiving and disbursing money from the Municipal Improvement Corporation of Los Angeles (MICLA) financing named “Certificate of Participation-Equipment Program AN.” MICLA-AO: The Special revenue fund is created for the purpose of receiving and disbursing money from the Municipal Improvement Corporation of Los Angeles (MICLA) financing named “MICLA Special Tax Lease Revenue Bonds (Police Emergency Command Control Communications System) Series 2002F (MICLA Series AO) Acquisition Fund.” MICLA-AQ: The Special revenue fund is created for the purpose of receiving and disbursing money from the Municipal Improvement Corporation of Los Angeles (MICLA) financing named “MICLA Certificates of Participation (Real Property Program AQ) Acquisition Fund.” MICLA-AR: The Special revenue fund is created for the purpose of receiving and disbursing money from the Municipal Improvement Corporation of Los Angeles (MICLA) financing named “MICLA Certificates of Participation (Real Property Program AR) Acquisition Fund.” MICLA-AU: The Special revenue fund is created for the purpose of receiving and disbursing money from the Municipal Improvement Corporation of Los Angeles (MICLA) financing named “MICLA Certificates of Participation” (Equipment and Real Property.) MICLA-T: The Special revenue fund is created for the purpose of receiving and disbursing money from the Municipal Improvement Corporation of Los Angeles (MICLA) financing named “Additional Certificates of Participation (Real Property Improvement Program T) Series 2002.” MICLA-AX: The Special revenue fund is created for the purpose of receiving and disbursing money from the Municipal Improvement Corporation of Los Angeles (MICLA) financing named “Certificates of Participation (Program AX Equipment Acquisition).” This revenue fund was created to pay for police vehicles, fire equipment vehicles, recreation and park equipment including both vehicles and fleet vehicles, automated ticketing system for the Los Angeles Zoo, mobile data radio system, and uninterruptible power supply system and technology upgrades. MICLA-AR2: The Special revenue fund is created for the purpose of receiving and disbursing money from the Municipal Improvement Corporation of Los Angeles (MICLA) financing named “Additional Certificates of Participation (Program AR Series 2004 Real Property Improvements).” MICLA-AR2, was created to pay for the final phase to retrofit several floors of City Hall East, upgrade maintenance sites, tenant improvements, design costs for service center for Council District 7 and the Ethernet connectivity project. Sanitation Equipment Charge Revenue Bonds: The special revenue fund is created for the purpose of receiving and disbursing money from the sale and issuance of the City of Los Angeles, California Sanitation Equipment Charge Revenue Bonds Series 2001-A. Expenditure from the fund may be made to pay for the cost of construction of real property and all costs of acquisition of equipment required to

Honorable Members of the City Council Treasurer’s Report – March 2007 May 18, 2007 Page 24 implement the 2001-A Bond’s portion of the City’s automated waste collection, disposal and recycling programs and the related costs of sale and issuance of the 2001-A Bonds. Landscape and Lighting District 96-1 Assessment Bonds, Series 2002: The purpose of the Improvement Fund is to receive money from the sale of the Landscape and Lighting District 96-1 Assessment Bonds, Series 2002. Funds will be used for the purpose of the Proposition K acquisition and capital improvement and as provided in the Indenture relating to the Bonds. Solid Waste Resource Rev-2006A: This fund authorizes the issuance of revenue bonds payable from the Solid Waste Collection, Transfer, Recycling, Recovery of Waste Resources Revenue Fund (formerly the Sanitation Equipment Charge Special Revenue Fund) to finance the acquisition of equipment and facilities for the residential refuse collection and disposal system of the City. Convention Center: This fund was created for “the Revolving Fund Account that shall be used solely for the rental or purchase of services, materials, supplies and equipment requested by a licensee and for which the licensee has in advance agreed to rent or purchase from the Department. The Department shall charge a licensee an amount sufficient to recover the total cost of renting or purchasing an item requested by a licensee and may also charge a licensee a service or handling fee for an item rented or purchased provided that receipts received from billings to licensee for items rented and purchased through said account shall be deposited into said account.” Account used in FMIS to record receipts and disbursements for the purpose stated above is “Other Deferred Revenue Account 2223.” Unspent monies at the end of the fiscal year in excess of $15,000 shall be transferred to the Convention Center Revenue Fund. Batiquitos Long Term Investment Fund: The fund is established in accordance with the agreement between the Harbor Department and the California Department of Fish and Game. Disbursement of the funds at the end of the 30-year period will be in accordance with the terms of the agreement. Harbor Emergency Fund: The purpose of the Fund include the reserve of funds for expenses related to earthquake, fire, floods, or other natural disasters. Operation and maintenance expenses, debt service, capital development or other urgent needs consistent with the Tidelands Trust and related State and Federal Law. Harbor Restoration Fund: The Fund will contain investments of funds designated for restoration of property upon termination of lease contracts. Interest earned by any investment shall be credited to the fund. DWP-2005-A Power Systems Revenue Fund: The 2005 Tax-Exempt Series Bonds are issued for the purpose of providing funds to pay Costs of Capital Improvements to the Power System, including paying the Cost of Issuance of 2005 Tax Exempt Series Bonds. Proceeds from the sale of the Bonds shall be deposited in the Construction Fund and shall be expended for the purposes for which the Bonds were issued. DWP-2006- A Water Systems Revenue Fund: The proceeds from the sale of the 2005 Series A Bonds shall be received by the department and allocated as follows: (a) An amount equal to accrued interest, if any received on the sale of such 2005 Series A Bonds shall be deposited in the interest account in the Bond Services Fund. (b) The balance of the amount received on the sale of such 2005 Series A Bonds shall be deposited in the 2005-A Construction Fund. The moneys set aside and placed in the 2005 A Construction Fund shall remain therein until from time to time expended for the purpose of paying Costs of Capital Improvements to the Water System. 2006 Tax and Revenue Anticipation Note (TRAN) Debt Service: The City has established a special fund, designated the “City of Los Angeles 2006 Tax and Revenue Anticipation Note Debt Service Fund” (the “Debt Service Fund”) and has agreed to set aside for the repayment of the Notes, in each case, from the Unrestricted Moneys received by the City during the Fiscal Year 2006-07.


CASH ON HANDChief Teller Cash $40,799Senior Teller Cash $4,000Vault Cash $2,133

Total Cash on Hand $46,932

BANK BALANCESActive Bank Accounts $57,789,923Paying Agent Accounts $40,067

Total Bank Balances (Schedule A1) $57,829,989

INVESTMENT POOLS (at Cost)General Pool $5,575,264,982Special Pool $1,447,585,875

Total Investment Pools (Schedule A2) $7,022,850,857

UNPROCESSED ITEMSWarrants $77,120,037Bonds & Coupons/Miscellaneous $2,354,046

Total Unprocessed Items $79,474,083

Subtotal $7,160,201,861

Cash Receipts in Transit and Adjustments -$18,082,735

TOTAL TREASURER'S CASH $7,142,119,126

Schedule A


STATEMENT OF CASH AND SECURITIES IN THE CITY TREASURYMarch 31, 2007


ACTIVE ACCOUNTSBank of America - Active $28,615,256U.S. Bank - Housing Lockbox - 3301 $650,411U.S. Bank - Housing Lockbox - 9401 $28,524,255

Total Active Accounts: $57,789,923

PAYING AGENT ACCOUNTSU.S. Bank - WW Commercial Paper $1,312U.S. Bank - BRI $38,755

Total Paying Agent Accounts: $40,067

TOTAL BANK BALANCES: $57,829,989

Exhibit A1

City of Los AngelesOffice of the Treasurer

Bank Balances *

March 31, 2007

*Bank Balances are book balances, i.e., balances as reflected in the cash control schedules and general ledger.


Total Investment At Cost

Amortization Premium/Discount

Investments At Book Value

GENERAL POOL $5,575,264,982 -$1,513,478 $5,573,751,504

SPECIAL POOLS

DWP 2005A PSRB #J92 $109,679,667 $0 $109,679,667

Convention Center Fund #725 $46 $0 $46

Harbor Fund #751 $91,432,017 -$56 $91,431,960

Harbor Fund #72W $5,507,916 $0 $5,507,916

Harbor Fund #70L $517,716 $0 $517,716

Landscaping #46A $4,497,964 $0 $4,497,964

MICLA Funds #26A, 26B, 289-294, 296-297 $368,293,245 $0 $368,293,245

Public Work Fund #45G $4,044 $0 $4,044

Solid Waste Resource #49G $49,171,247 $0 $49,171,247

Trans Proceed #119 $18,584 $0 $18,584

Tran Debt Service Fund #P13 $400,395,156 $0 $400,395,156

Wastewater Fund #208 $317,962,835 $0 $317,962,835

DWP 2006A WSRB #M7C $100,105,440 $0 $100,105,440

Total Special Pools: $1,447,585,875 -$56 $1,447,585,819

Total Investment Pools $7,022,850,857 -$1,513,534 $7,021,337,322

INVESTMENT NOT PART OF TREASURER'S CASH

Convention Center Fund #725 $582 $0 $582

Exhibit A2

Category


Investment Pools

March 31, 2007


Departmental Securities Held For Safekeeping (Exhibit B1) $77,348,679

Convention Center Special Pool Investment (Exhibit A2) $582

Departmental Bank Accounts Not Controlled by Treasurer (Exhibit B2)* $50,757,441

Revolving Fund Activity (Bank of America, #8409)**Bank Account Adjusted Balance -$976,138Value of Dishonored Checks (Warrants Due) $1,576,138

Total: $600,000

Returned Check Management-RCC (U.S. Bank, #8708)** $1,700

Returned Check Management-RCK (U.S. Bank, #8971)** $20,301

Collection Receipts (Bank of America, #8086)** $37,025

Sweep Account (Bank of America #1287) ** $0

Procheck Returned Items (Bank of America, #0252) *** $46,396

Procheck Fees (Bank of America,#0253) *** $54,191

Street Improvement Bond Account (Bank of America, #3542) ** $218,587

Total Miscellaneous Items Not Part of Treasurer's Cash $129,084,901

* Department Bank Accounts are certified and submitted quarterly

**For security purposes, only the last four digits of the bank account are reported.

***Account information pending reconciliation

Schedule B


Summary of Miscellaneous Items Not Part of Treasurer's CashMarch 31, 2007


Faithful Performance Bonds $77,291,135

Bid Deposits $0

Street Improvement Bonds $57,544

Total Departmental Securities Held for Safekeeping $77,348,679

* The Cash Bonds $369,100 fund balance held by the Office of the Treasurer is reflected in the Active Account FMIS Fund 821.

Schedule B1


Departmental Securities Held for Safekeeping*

March 31, 2007


City of Los Angeles

Departmental Bank Accounts Not Controlled by Treasurer(Per Department's Quarterly Certification)

Department

Bank Account No*** Total

Aging Bank of America 3764 11,116.95 11,116.95$

Airports City National Bank 3021 7,835.00City National Bank 4117 71,030.33City National Bank 3129 5,111.65 83,976.98

Animal Services Bank of America ** 3556 3,000.00 3,000.00

City Attorney Bank of America 3131 43,421.77Bank of America 9475 4,091.40Bank of America 4704 64,998.26 112,511.43

City Clerk Bank of America ** 0237 3,077.92Bank of America 4110 800.00 3,877.92

City Empl Retirement System Bank of America ** 3546 4,465.14 4,465.14

Comm- Children, Youth & Families Bank of America 0188 2,203.45 2,203.45

Community Development Dept Bank of America 0210 4,442.32Bank of America 0102 1,627.89Union Bank 1636 13,740,424.82Union Bank 1645 0.00Union Bank ** 1921 42,414.24Union Bank 1930 0.00Union Bank 1949 15,786,014.98Washington Mutual 50-8 121,129.95Washington Mutual 24-3 3,941.15City National Bank - Closed 3/31/06 0801 0.00 29,699,995.35

Controller's Office Bank of America 6776 161,196.61Bank of America 0496 7,240.83Wells Fargo (Closed 7/13/05) 2631 0.00Bank of America - Warrant A (ZBA) 0050 0.00Bank of America - Warrant C (ZBA) 0051 0.00Bank of America - Warrant D (ZBA) 0052 0.00Bank of America - Warrant H (ZBA) 0053 0.00Bank of America - Warrant I (ZBA) 0054 0.00Bank of America - Warrant J (ZBA) 0081 0.00Bank of America - Warrant K (ZBA) 0082 0.00Bank One-Purch Card (ZBA) 1618 0.00 168,437.44

Quarter Ending March 31, 2007



Department Bank Account No*** Total Convention Center Bank of America ** 3260 25,000.00

25,000.00

Finance - Tax/Permit Bank of America 4693 1,225.00Bank of America-ZBA (Closed 1/25/06) 1734 0.00Bank of America (ZBA) 7650 0.00Bank of America-ZBA (Closed 1/25/06) 5023 0.00Bank of America-ZBA (Closed 10/19/06) 1291 0.00

1,225.00

General Services Bank of America 4644 348,129.93Bank of America 2234 1,038.00

349,167.93

Harbor Bank of America 0632 260,517.34Bank of America 0633 5,000.00Bank of America 0222 44,084.63Bank of America 5900 100,396.53

409,998.50

Housing Bank of America 5055 167,359.22Bank of America 9156 500,000.00Bank of America 8189 2,425.68Union Bank 0771 60,139.87Union Bank 2243 0.33Union Bank ** 4002 0.00Union Bank ** 4003 0.00Union Bank ** 4004 0.00Union Bank 1832 0.20Union Bank 1823 36,238.03Union Bank ** 1841 0.00Union Bank ** 1850 0.00Union Bank ** 2109 0.00Union Bank ** 2118 0.00Union Bank ** 2127 0.00Union Bank ** 2136 0.00

766,163.33

Los Angeles Zoo Bank of America 1255 5,170.04Bank of America 1268 800.00

5,970.04

Library Bank of America 0101 1,000.00Bank of America 1299 3,774.00

4,774.00

Personnel Bank of America 1292 1,389.00

1,389.00

Police Dept Bank of America 1569 6,400.00Union Bank 8301 1,095,936.63Bank of America ** 5256 8,247.51Union Bank 8148 10,000.00


Department Bank Account No*** Total

Police Dept (Cont) Bank of America 0072 3,965,484.09Bank of America 0108 6,150.00Bank of America 0677 1,000.00Bank of America 0070 97,220.33Bank of America 0676 110,013.75Bank of America 0069 1,590,549.84Bank of America 0675 36,816.47Bank of America 0232 1,114.09Bank of America 0233 307.03Bank of America 1288 4,018.00Bank of America 1289 31.54Bank of America 6087 649.44Bank of America 6124 13,779.40Bank of America ** 6100 0.00Bank of America 0071 863.65Bank of America 3374 14,537.68Explorer's Ckng Accts LAPFCU 6042 6,557.77 LAPFCU 7223 4,097.73 LAPFCU 3757 2,830.13Bank of America 1229 5,860.69Bank of America 0499 10,558.01LAPFCU 4302 5,056.36LAPFCU 2192 5,040.55Broadway Fed (Closed) 5706 0.00Bank of America 7563 30,648.59LAPFCU 3054 8,745.08LAPFCU 5974 91,906.45LAPFCU 4154 27,543.57Bank of America 0343 5,927.96Bank of America ** 5764 1,574.64LAPFCU 8067 11,433.46

Police-Explorer's Accounts US Bank 6840 1,471.23LAPFCU 8548 8,945.46LAPFCU 4029 17,394.08LAPFCU 0078 4,112.27LAPFCU 5853 9,633.46LAPFCU 7006 18,446.59LAPFCU 9705 539.08LAPFCU 0604 38.73LAPFCU 6103 3,769.19B of A (Closed 12/20/05) 5376 0.00Wells Fargo (Closed) 5361 0.00

7,245,250.53

Public Works Union Bank 8217 8,669,974.71Bank of America (ZBA) 1300 0.00 8,669,974.71



Recreation & Parks Bank of America 0201 3,488.11Bank of America 1271 139,938.90Bank of America ( Closed 3/06) 3057 0.00 143,427.01

Dept. of Transportation Bank of America 4216 (301,899.71) Bank of America 0115 1,866.64 Bank of America ** 5479 0.00 (300,033.07)

Dept of Water & Power See Exh B2A Various $3,345,550 3,345,550$

Total: Departmental Bank Accounts Not Controlled by Treasurer 50,757,441.24$ *No activity/statement from account.**Account information pending certification. Figures provided are from last quarter's certification.***For security purposes, only the last four digits of the bank account are reported.



Dept of Water & Power Bank of America 0062 -$ Bank of America - ZBA 0470 0.00Bank of America 0064 1,148.00Bank of America 5515 125,634.29Bank of America 0167 0.00Bank of America 0066 123,759.33Bank of America 0360 97,610.14Wells Fargo Bank 2649 0.01Mojave Desert Bank 4771 4,598.77Bank of America 0210 14,109.21Bank of America 1290 2,520.11Bank of America 0350 2,055.53Bank of America 0156 4,871.00Bank of America 0338 1,762.18Bank of America 0515 9,023.25Bank of America 0909 923.66Bank of America 4547 204,314.91Bank of America 0349 3,000.00Bank of America 0160 5,000.00Bank of America 0363 1,516.24Bank of America 0236 588,256.25Bank of America 0357 740,304.70Bank of America 0356 7,726.41Bank of America 0104 939.47Bank of America 0157 4,676.00Bank of America 2375 2,581.98Bank of America 0234 104,350.00Bank of America 0242 55.17Bank of America 1304 19,302.00Bank of America 0347 322,322.04Bank of America 0364 1,924.06Bank of America 0355 671,287.50Bank of America - ZBA 0373 0.00Bank of America 0345 711.53Bank of America 0158 2,429.83Bank of America 0352 4,648.60Mojave Desert Bank 4466 1,511.17Bank of America 0240 1,516.62Bank of America 0113 12,090.41Bank of America 0368 1,775.71Bank of America 0159 6,568.99El Dorado Savings Bank 3401 2,693.00Bank of America 0340 1,960.17Bank of America 1305 15,000.00Bank of America 0176 3,102.73

Quarter Ending March 31, 2007


Departmental Bank Accounts Not Controlled by Treasurer(Per Department's Quarterly Certification)

Honorable Members of the City Council Treasurer’s Report – March 2007 May 18, 2007 Page 35 Department Bank Account No*** Total

Bank of America 0366 514.30Bank of America 0106 23,003.72Bank of America 7442 4,650.03Bank of America 0238 1,497.11Bank of America 0365 1,952.47Bank of America 0346 128.36Bank of America 1301 5,000.00Bank of America 0063 56,300.00Bank of America 0341 992.82Bank of America 0343 1,680.77Bank of America 0348 22,831.00Bank of America 1274 16,574.55Bank of America 0245 9,391.08Bank of America (Closed 8/06) 6943 0.00Bank of America 0370 1,852.78Bank of America 0161 4,705.00Bank of America 0162 4,784.44GOB Petty Cash 0078 12,000.00Bank of America 3633 46,110.20Bank of America 0175 12,000.00Bank of America - Warrant R (ZBA) 0055 0.00Bank of America - Warrant S (ZBA) 0056 0.00Bank of America - Warrant T (ZBA) 0057 0.00Bank of America-Closed 3/04/05 1280 0.00Bank of America-Closed 4/04/05 0881 0.00Bank of America-Closed 5/10/05 0344 0.00Bank of America-Closed 6/1/05 6977 0.00

Total to Exh B2 3,345,549.60$

***For security purposes, only the last four digits of the bank account are reported.**Account information pending certification. Figures provided are from last quarter's certification.


Total Treasurer's Cash (Schedule A) $7,142,119,126

Total Items Not Part of Treasurer's Cash (Schedule B) $129,084,901

Total Cash Controlled by the City of Los Angeles $7,271,204,027

Schedule C


Summary of City CashMarch 31, 2007

city of los angeles - treasurer.lacity.orgtreasurer.lacity.org/reports/investmentandcash/mar...

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