table of contents agenda 3 · 14.0 16.0 18.0 upper colorado basin snowpack 2014-2015 2015-2016...

Table of Contents

Agenda 3Public Health Goals Report

Consideration to Receive, Accept, and File District's2013-2015 Public Health Goals Report 7

Adoption of Water Conservation Ordinance No. 07-16-09 toAmend and Restate Ordinance No. 06-09-07

Consideration to Adopt Ordinance No. 07-16-09 toAmend and Restate Ordinance No. 06-09-07, “AnOrdinance of Walnut Valley Water District to EstablishWater Use Efficiency Requirements and Water SupplyShortages Stages 20

Minutes of the Regular Board Meeting held June 14, 2016Minutes of the Regular Board Meeting held June 14,2016 34

Minutes of the Special Board Meeting held June 16, 2016Minutes of the Special Board Meeting held June 16,2016 41

Minutes of the Special Board Meeting held July 6, 2016Minutes of the Special Board Meeting held July 6, 2016 43

Check RegisterCheck Register 44

Employee Expense Reimbursement ReportEmployee Expense Reimbursement Report 48

Director Expense ReportsDirector Expense Reports 49

P-W-R JWL Water Use ReportsP-W-R JWL reports for water purchases for the monthsof May and June 2016. 59

Follow-Up Regarding Prior Board ActionsFollow-Up Regarding Prior Board Actions 61

District Activities CalendarsThe Board will review District Activities Calendars forAugust, September, and October 2016 63

District Water Supply and Conservation UpdateDistrict Water Supply and Conservation Update 66

Statewide Water Supply ConditionsStatewide Water Supply Conditions 73

Consider Adoption of Water Standby Charge Resolution No. 07-16-630

Consider Adoption of Water Standby Charge ResolutionNo. 07-16-630 76

Proposed State Drinking Water FeesUpdate: Proposed State Drinking Water Fees 80

Acceptance of Work and Notice of Completion for Major LaborContracts: ACE – Nogales (S) Grade Separation (W.O. 03-2820), and Ambushers Reservoir Coating (P.N. 15-3389)

1

Acceptance of Work and Notice of Completion for MajorLabor Contracts: ACE – Nogales (S) Grade Separation(W.O. 03-2820), and Ambushers Reservoir Coating(P.N. 15-3389) 104

The Peak at Three Oaks Tract 72017 – Labor and Materials Bidand CEQA Exemption (P.N. 16-3423)

The Peak at Three Oaks Tract 72017 – Labor andMaterials Bid and CEQA Exemption (P.N. 16-3423) 110

Express Opposition to SB 1170 (Wieckowski)Express Opposition to SB 1170 (Wieckowski) 120

Transactions Reports for the Month EndingConsideration to Receive, Approve, and File InvestmentTransactions Reports for the Month Ending 127

Declaration of Surplus PropertyDeclaration of Surplus Property 139

Request to Fill Utility Service Worker I PositionRequest to Fill Utility Service Worker I Position 145

2

WALNUT VALLEY WATER DISTRICT 271 South Brea Canyon Road

Walnut, California 91789

REGULAR BOARD MEETING Monday, July 25, 2016, 5:00 PM

AGENDA

NOTE: To comply with the Americans with Disabilities Act, if you need special assistance to participate in any Board meeting, please contact the General Manager’s office at least 4 hours prior to a Board meeting to inform the District of your needs and to determine if accommodation is feasible. Each item on the agenda shall be deemed to include any appropriate motion, resolution, or ordinance, to take action on any item. Materials related to an item on this agenda submitted after distribution of the agenda packet are available for public review during regular business hours at the District office, located at 271 S. Brea Canyon Road, Walnut, California.

1. Flag Salute

2. Roll Call: Mr. Ebenkamp_____ Mr. Hilden_____ Ms. Kwong_____ Ms. Lee_____ Dr. Wu _____ 3. Public Comment President Kwong

The President of the Board of Directors may impose reasonable limitations on public comments to assure an orderly and timely meeting. A. Agenda Items - Any person desiring to address the Board of Directors on any Agenda item may do so at

the time the item is considered on the Agenda by requesting the privilege of doing so at this time and stating the Agenda item to be addressed. At the time the item is discussed, those requesting to speak will be called to do so.

B. Non-Agenda Items - At this time the public shall have an opportunity to comment on any non-agenda item relevant to the jurisdiction of the District. Reasonable time limits on each topic and on each speaker are imposed in accordance with Board policy.

4. Additions to Agenda President Kwong

A. Discussion B. Action Taken 5. Reorder of Agenda President Kwong

A. Discussion B. Action Taken

6. Public Hearing: Public Health Goals Report A. Receive Public Comments B. Report by Staff C. Receive Public Comments D. Close Public Hearing E. Consideration to Receive, Accept, and File District's 2013-2015 Public Health Goals Report (pg7)

(1) Discussion (2) Action Taken

3

7. Public Hearing: Ordinance No. 07-16-09 to Amend and Restate Ordinance No. 06-09-07, “An Ordinance of Walnut Valley Water District to Establish Water Use Efficiency Requirements and Water Supply Shortages Stages A. Open Public Hearing B. Report by Staff C. Receive Public Comments D. Close Public Hearing E. Consideration to Adopt Ordinance No. 07-16-09 to Amend and Restate Ordinance No. 06-09-07, “An

Ordinance of Walnut Valley Water District to Establish Water Use Efficiency Requirements and Water Supply Shortages Stages (pg 20) (1) Discussion (2) Action Taken

8. Water Supply Shortage Stage

A. Consider Adoption of Resolution No. 07-16-629 Approving to Implement a Stage 1 Water Supply Shortage (1) Discussion (2) Action Taken

B. Approval to Set a Maximum Number of Three Days Per Week for Irrigation (1) Discussion B. Action Taken

9. Consider Approval of Consent Calendar (Items 1-5 Below)

A. Discussion B. Action Taken (1) Minutes of the Regular Board Meeting held June 14, 2016 (pg 34) (2) Minutes of the Special Board Meeting held June 16, 2016 (pg 41) (3) Minutes of the Special Board Meeting held July 6, 2016 (pg 43) (4) Check Register (pg 44) (5) Employee Expense Reimbursement Report (pg 48)

10. Consider Approval of Director Expense Reports

Provided are Expense Reports disclosing per diem requests for Director meeting attendance and an itemization of expenses incurred by the District on behalf of each Director. A. Discussion B. Action Taken Director Expense Reports (pg 49)

11. Treasurer’s Report Mr. Teuber

(1) Due to the fiscal year-end, the District Statement of Revenues, Expenses, and Change in Net Assets, the District Statement of Net Assets, and the Summary of Cash Investments will be presented at the August Board meeting.

COMMITTEE REPORTS

Standing Committee Reports (The Chair of each committee will report to the full Board) 12. Engineering and Special Projects Director Wu There are no items to come before the Board at this time.

13. Personnel Committee Director Kwong There are no items to come before the Board at this time.

14. Finance Committee Director Wu There are no items to come before the Board at this time.

15. Public Information/Legislative Action Committee

Director Kwong

There are no items to come before the Board at this time.

4

OTHER ITEMS

16. TVMWD/MWD Director Hilden 17. P-W-R Joint Water Line Commission Mr. Hitchman P-W-R JWL reports for water purchases for the months of May and June 2016. (pg 59) Report on the June 16, 2016, Commission meeting (Vernal Update)

18. Matters Related to Puente Basin Water Agency Director Wu

A. Report on the July 7, 2016, Commission meeting (Verbal Update) 19. General Manager’s Report Mr. Holmes

A. Follow-Up Regarding Prior Board Actions (pg 61) (1) State Acknowledgment for Self-Certification (Verbal Update) (2) UWMP – Submitted and Acknowledgement Received (Verbal Update)

B. The Board will review District Activities Calendars for August, September, and October 2016 (pg 63) C. Other Items

20. Water Supply and Drought Mr. Holmes

A. District Water Supply and Conservation Update (pg 66) B. Statewide Water Supply Conditions (pg 73)

21. Directors’ Oral Reports All Directors

22. Legal Reports Mr. Ciampa Report on matters of interest or having an effect on the District

23. Board members and staff will be given an opportunity to request and suggest subjects for discussion at a

future meeting. 24. Board of Directors Business President Kwong

A. Consider Adoption of Water Standby Charge Resolution No. 07-16-630 (pg 76) (1) Discussion (2) Action Taken

B. Update: Proposed State Drinking Water Fees (pg 80) (1) Discussion (2) Action Taken

C. Acceptance of Work and Notice of Completion for Major Labor Contracts: ACE – Nogales (S) Grade Separation (W.O. 03-2820), and Ambushers Reservoir Coating (P.N. 15-3389) (pg) 104 (1) Discussion (2) Action Taken

D. The Peak at Three Oaks Tract 72017 – Labor and Materials Bid and CEQA Exemption (P.N. 16-3423) (pg 110) (1) Discussion (2) Action Taken

E. Express Opposition to SB 1170 (Wieckowski) (pg 120) (1) Discussion (2) Action Taken

F. Consideration to Receive, Approve, and File Investment Transactions Reports for the Month Ending (pg 127) (1) Discussion (2) Action Taken

G. Declaration of Surplus Property (pg 139) (1) Discussion (2) Action Taken

H. Request to Fill Utility Service Worker I Position (pg 145) (1) Discussion (2) Action Taken

25. Public Comment on Closed Session Matters

26. Adjourn to Closed Session

5

27. Closed Session A. CONFERENCE WITH LEGAL COUNSEL – ANITICIAPTED LITIGATION [§54956.9(d)(4)]

Initiation of Litigation – Four Potential Cases. 28. Reconvene in Open Session

A. Report of Action, if any, Taken in Closed Session

Adjournment

6

MINUTES OF SPECIAL MEETING OF THE BOARD OF

DIRECTORS OF WALNUT VALLEY WATER DISTRICT

June 16, 2016 At the Offices of the District

DIRECTORS PRESENT:

Scarlett Kwong, President Theodore L. Ebenkamp Edwin Hilden Theresa Lee Allen Wu (departed at 5:39 p.m.) DIRECTORS ABSENT: None

STAFF PRESENT: Michael Holmes, General Manager Brian Teuber, Director of Finance Sandra Olson, Director of Administrative Services Gabriela Sanchez, Administrative Services Manager Jim Ciampa, Legal Counsel

The meeting was called to order at 5:12 p.m. with President Kwong presiding. There were no guests in attendance. Item 3: Public Comment – President Kwong ♦ There were no requests for public comment.

Item 4: Consider Adoption of Resolution no. 06-16-627, A Resolution Adopting the 2015 Urban Water Management Plan ♦ The Board was asked to adopt Resolution No. 06-16-627, a resolution adopting the 2015 Urban Water

Management Plan. (Item 4)

Motion No. 16-06-940: Upon consideration thereof, it was moved by Director Ebenkamp, seconded by Director Hilden and unanimously carried (5-0), by the roll call vote noted below, to adopt Resolution No. 06-16-627 adopting the 2015 Urban Water Management Plan. (Item 4)

Aye: Ebenkamp, Hilden, Kwong, Lee, Wu No: None Absent: None

President Kwong indicated Motion No. 16-06-940, approving Resolution No. 06-16-627, was approved by a (5-0) roll call vote

Item 5: Approval of the FY 2016-17 Budget ♦ The Board was asked to consider approval of the District’s FY 2016-17 proposed Budget consisting of

an estimated: $33,766,423 in Revenues, $30,612,552 in Expenses, $3,153,871 in Reserve Funding, $16,572,700 in the Capital Investment Program, the District Chart of Positions, District Organizational Chart, and Employee Salary Ranges. (Item 5)

Motion No. 16-06-941: Upon consideration thereof, it was moved by Director Hilden, seconded by

Director Ebenkamp and unanimously carried (5-0) to approve the District’s FY 2016-17 Budget, as presented, consisting of $33,766,423 in Revenues, $30,612,552 in Expenses, $3,153,871 in Reserve Funding, $16,572,700 in the Capital Investment Program, the District Chart of Positions, District Organizational Chart, and Employee Salary Ranges. (Item 5)

President Kwong indicated Motion No. 16-06-941 was approved by a 5-0 vote

41

Item 6: Local Self-Certification of Water Supply: Adopt Resolution No. 06-16-628, A Resolution of the Board of Directors of the Walnut Valley Water District Regarding Compliance with State Water Resources Control Board Emergency Regulation Article 22.5: Drought Emergency Water Conservation ♦ The Board was asked to adopt Resolution No. 06-16-628, a resolution regarding compliance with State

Water Resources Control Board emergency regulation Article 22.5: Drought Emergency Water Conservation.

♦ Mr. Holmes noted that staff will, in light to the District’s ability to self-certify its projected conservation factor in accordance with Section 864.5 of Emergency Regulation Article 22.5, submit a consent form and all supporting documentation to the State Water Resources Control Board indicating the District’s self-certified conservation standard of “zero” by June 22, 2016. (Item 6)


Director Wu and unanimously carried (5-0), by the roll call vote noted below, to adopt Resolution No. 06-16-628 Regarding Compliance with State Water Resources Control Board Emergency Regulation, Article 22.5: Drought Emergency Water Conservation. (Item 6)

Aye: Ebenkamp, Hilden, Kwong, Lee, Wu No: None Absent: None

President Kwong indicated Motion No. 16-06-940, approving Resolution No. 06-16-628, was approved by a (5-0) roll call vote

(Director Wu departed at 5:39 p.m.)

Item 7: Discussion of Ongoing Water Conservation Issues and Possible Direction to Staff Regarding Future Board Considerations of revisions to Existing Water Conservation Policies and Ordinance ♦ Discussion was held regarding the District’s water conservation Ordinance No. 06-09-07 and Water

Shortage Contingency Plan. The Board was advised that updates to the established water use efficiency requirements will be presented for Board consideration and discussion at an upcoming meeting. No action was taken on this matter. (Item 7)

Adjournment at 5:55 p.m.

Motion No: 16-06-942: Upon consideration thereof, it was moved by Director Ebenkamp, seconded by Director Lee and unanimously carried (4-0), to adjourn the meeting.

President Kwong indicated Motion No. 16-06-942 was approved by a (4-0) vote

42

MINUTES OF SPECIAL MEETING OF THE BOARD OF

DIRECTORS OF WALNUT VALLEY WATER DISTRICT

July 6, 2016 At the Offices of the District

DIRECTORS PRESENT: Scarlett Kwong, President Theodore L. Ebenkamp Edwin Hilden Theresa Lee Allen Wu DIRECTORS ABSENT: None

STAFF PRESENT: Michael Holmes, General Manager Erik Hitchman, Assistant General Manager/Chief Engineer Brian Teuber, Director of Finance Sandra Olson, Director of Administrative Services Donna DiLaura, Executive Secretary Carmen Fleming, Executive Assistant Jim Ciampa, Legal Counsel (by phone)

The meeting was called to order at 7:00 a.m. with President Kwong presiding. There were no guests in attendance. Item 3: Public Comment – President Kwong ♦ There were no requests for public comment.

Item 4: Discussion and Possible Approval of Purchase of a Minimum of 5,200 acre feet of Main San Gabriel Basin Replenishment Water by December 31, 2016 ♦ After discussion, the Board was asked to authorize the General Manager to enter into an Agreement with

Three Valleys MWD to secure the purchase of 5,500 acre-feet of MWD imported water and to transfer that water into TVMWD’s Main San Gabriel Basin Cyclic Storage account at the cost of $594/AF, with funding from the Reserve for Replacement fund. A staff report providing background information in support of this request was presented and discussed. (Item 4)


Director Wu and unanimously carried (5-0) to authorize the General Manager to enter into an Agreement with Three Valleys MWD for the total purchase of 5,500 acre-feet of water at the cost of $594/AF, to be funded from the Reserve for Replacement fund; and to authorize the General Manager to enter into an agreement with Three Valleys MWD for the transfer and storage of that water in Three Valleys MWD’s Main San Gabriel Basin Cyclic Storage account. (Item 4)

President Kwong indicated Motion No. 16-07-943 was approved by a 5-0 vote

Adjournment at 7:19 a.m.

Motion No: 16-07-944: Upon consideration thereof, it was moved by Director Hilden, seconded by Director Wu and unanimously carried (5-0), to adjourn the meeting.

President Kwong indicated Motion No. 16-07-944 was approved by a (5-0) vote

43

Wtr Cons. (Acre-feet) % Wtr Cons.

(Acre-feet) %

POMONA 532.9 32.921% MWD 1,055.1 65.037%WALNUT 613.0 37.870% TVMWD 567.2 34.963%ROWLAND 472.8 29.209% LaVERNE 0.0 0.000%LaVERNE 0.0 0.000% Total 1,622.30 100.000%

1,618.7 100.000% 1,618.70BILLING DIFFERENCE 3.600 0.222%

Connection / Description

Allocated Share of Billing Differnce

Adjusted Agency Consumption

Adjusted Consumption for Billing (Acre-

feet)Water Purchased

from MWD

Water Purchased

from TVMWD

Water Purchased

from LaVERNE WELL

Total Water Purchased (Acre-feet)

(Acre-feet) (Acre-feet) (Rounded) 65.037% 34.963% 0.000% 100.000%

POMONA 532.9 1.185 534.1 534.1 347.4 186.7 0.0 534.1WALNUT 613.0 1.363 614.4 614.4 399.6 214.8 0.0 614.4ROWLAND 472.8 1.052 473.9 473.9 308.1 165.7 0.0 473.8LaVERNE 0.0 0.000 0.0 0.0 0.0 0.0 0.0 0.0

1,618.7 3.600 1,622.3 1,622.3 1,055.0 567.2 0.0 1,622.2

MWD PM-15

TVMWD PM-21

MWD CAPACITY RESERVATION

TVMWD CONNECTED

CAPACITY

TVMWD WATER USE

CHARGE TOTAL

City of PomonaCons. A.F. 347.4 186.7 44,303.61 5,748.44 6,936.18Water Rate 918.00$ 918.00$ 37.88% 52.00% 20.93%

Total 318,913.20 171,390.60 16,782.21 2,989.19 1,451.74 $511,526.94Walnut Valley Water District

Cons. A.F. 399.6 214.8 44,303.61 5,748.44 6,936.18Water Rate 918.00$ 918.00$ 37.88% 28.00% 50.34%

Total 366,832.80 197,186.40 16,782.21 1,609.56 3,491.67 $585,902.64Rowland Water District

Cons. A.F. 308.1 165.7 44,303.61 5,748.44 6,936.18Water Rate 918.00$ 918.00$ 24.24% 20.00% 28.73%

Total 282,835.80 152,112.60 10,739.20 1,149.69 1,992.76 $448,830.05City of LaVerne

Cons. A.F. 0.0 0.0Water Rate $918.00 $918.00

Total $0.00 $0.00 $0.00

Total(A.F.) 1,055.0 567.2 1,622.2Total ($) 968,581.80 520,689.60 - - - 1,489,271.40

Total-Other 44,303.61 5,748.44 6,936.18 - - 56,988.23

May 2016 Water Use

AGENCY CONSUMPTION (Per PWR Meter Reads) ACTUAL WATER PRODUCTION

CALCULATION OF AGENCY WATER CONSUMPTION(Water consumption billed to each agency is based on amount of water purchased from MWD and TVMWD)

POMONA-WALNUT-ROWLANDJOINT WATER LINE COMMISSION

WATER USE DISTRIBUTION AND

BILLING REPORT

59

Wtr Cons. (Acre-feet) % Wtr Cons.

(Acre-feet) %

POMONA 515.6 33.476% MWD 1,251.1 80.260%WALNUT 591.6 38.411% TVMWD 307.7 19.740%ROWLAND 433.0 28.113% LaVERNE 0.0 0.000%LaVERNE 0.0 0.000% Total 1,558.80 100.000%

1,540.2 100.000% 1,540.20BILLING DIFFERENCE 18.600 1.193%

Connection / Description

Allocated Share of Billing Differnce

Adjusted Agency Consumption

Adjusted Consumption for Billing (Acre-

feet)Water Purchased

from MWD

Water Purchased

from TVMWD

Water Purchased

from LaVERNE WELL

Total Water Purchased (Acre-feet)

(Acre-feet) (Acre-feet) (Rounded) 80.260% 19.740% 0.000% 100.000%

POMONA 515.6 6.227 521.8 521.8 418.8 103.0 0.0 521.8WALNUT 591.6 7.144 598.7 598.7 480.6 118.2 0.0 598.7ROWLAND 433.0 5.229 438.2 438.2 351.7 86.5 0.0 438.2LaVERNE 0.0 0.000 0.0 0.0 0.0 0.0 0.0 0.0

1,540.2 18.600 1,558.8 1,558.8 1,251.1 307.7 0.0 1,558.8

MWD PM-15

TVMWD PM-21

MWD CAPACITY RESERVATION

TVMWD CONNECTED

CAPACITY

TVMWD WATER USE

CHARGE DEPRECIATION REPLACEMENTADMIN BUDGET

ASSESSMENTMWD LRP REBATE

PROGRAM TOTAL

City of PomonaCons. A.F. 418.8 103.0 44,303.61 5,748.44 6,936.18 5,699.0 4,592.0 26,348.50 163.2Water Rate 918.00$ 918.00$ 37.88% 52.00% 20.93% 25.00% 25.00% 33.33% (100.00)$

Total 384,458.40 94,554.00 16,782.21 2,989.19 1,451.74 1,424.75 1,148.00 8,781.96 (16,320.00) $495,270.24Walnut Valley Water District

Cons. A.F. 480.6 118.2 44,303.61 5,748.44 6,936.18 7,734.00 12,102.00 26,348.50Water Rate 918.00$ 918.00$ 37.88% 28.00% 50.34% 25.00% 25.00% 33.33%

Total 441,190.80 108,507.60 16,782.21 1,609.56 3,491.67 1,933.50 3,025.50 8,781.96 $585,322.80Rowland Water District

Cons. A.F. 351.7 86.5 44,303.61 5,748.44 6,936.18 5,556.00 7,640.00 26,348.50Water Rate 918.00$ 918.00$ 24.24% 20.00% 28.73% 25.00% 25.00% 33.33%

Total 322,860.60 79,407.00 10,739.20 1,149.69 1,992.76 1,389.00 1,910.00 8,781.96 $428,230.20City of LaVerne

Cons. A.F. 0.0 0.0Water Rate $918.00 $918.00

Total $0.00 $0.00 $0.00

Total(A.F.) 1,251.1 307.7 1,558.8Total ($) 1,148,509.80 282,468.60 (16,320.00) - 1,414,658.40

Total-Other 44,303.61 5,748.44 6,936.18 4,747.25 6,083.50 26,345.87 94,164.85

POMONA-WALNUT-ROWLANDJOINT WATER LINE COMMISSION

WATER USE DISTRIBUTION AND

BILLING REPORT

June 2016 Water Use

AGENCY CONSUMPTION (Per PWR Meter Reads) ACTUAL WATER PRODUCTION

CALCULATION OF AGENCY WATER CONSUMPTION(Water consumption billed to each agency is based on amount of water purchased from MWD and TVMWD)

60

WVWD – Staff Report TO: Board of Directors FROM: General Manager DATE: July 25, 2016 SUBJECT: Follow-up Regarding Prior Board Actions

Action/Discussion Fiscal Impact Resolution Information Only

Recommendation For information only.

Background Information Following is an update regarding matters that have recently come before the Board of Directors.

Item Meeting Date Board Activity Status Follow-Up

Proposed Discrimination/ Harassment Policy Revisions 5/16/2016

Adopted amendments to the District’s Discrimination/ Harassment Policy

Pending

A Lunch n’ Learn will be schedule for District employee to review policy revisions.

Public Hearing: Urban Water Management Plan 6/14/16

Held public hearing to receive comments and deferred adoption of resolution to the 6/16/16 Board workshop

Adoption of resolution adopting the plan was agendized for the June 16, 2016, workshop. Refer to the June 16 follow-up on the following page.

Public Hearing: Annual Approval of the District’s Standby Charge Report

6/14/16 Approved continuation of the District Standby Charge at its current rate.

Adoption of resolution establishing water standby charges has been agendized for the July 25, 2016 Board meeting.

Lump-Sum Payment of CalPERS Employer Unfunded Liability

6/14/16

Approved the annual lump sum prepayment option of the CalPERS Annual Employer Unfunded Accrued Liability in the amount of $490,977, and to direct staff to remit the payment to CalPERS by July 31, 2016.

Payment will be remitted by the July 31 deadline.

Los Angeles County Fair Billing Insert 6/14/16

Approved to include a one-time August special water bill insert notifying WVWD customers of the Los Angeles County Fair’s Community Day’s Program for the cities of Diamond Bar and Walnut, and the Rowland Heights area

8/2016 Insert will be included in August’s bill cycle.

Acceptance of Work and Notice of Completion for Major Labor Contracts: SCADA System Update and Network Upgrade (P.N. 14-3351 and 14-3352)

6/14/16

Accepted the work as installed for SCADA System Update and Network Upgrade (P.N. 14-3351 and 14-3352) and authorized the filing of a Notice of Completion with the Office of the Los Angeles County Registrar-Recorder/Count Clerk.

6/21/16 Notice of Completion filed.

61

Item Meeting Date Board Activity Status Follow-Up

Acceptance of Work and Notice of Completion for Major Labor Contract: Ridge Line Reservoir Water Main Extension (P.N. 14-3365)

6/14/16

Accepted the work as installed for Ridge Line Reservoir Water Main Extension (P.N. 14-3365) and authorized the filing of a Notice of Completion with the Office of the Los Angeles County Registrar-Recorder/Count Clerk.

6/21/16 Notice of Completion filed.

Adoption of Resolution no. 06-16-627, A Resolution Adopting the 2015 Urban Water Management Plan

6/16/16 Adopted Resolution No. 06-16-627 adopting the 2015 Urban Water Management Plan.

6/30/16 Received DWR acknowledgment of submittal.

FY 2016-17 Budget 6/16/16 Adopted the budget as presented. 7/1/2016

Authority to spend within budgetary approval by the Board commenced July 1, 2016.

Local self-certification of water supply: Adopt Resolution No. 06-16-628, A Resolution of the Board of Directors of the Walnut Valley Water District Regarding Compliance with State Water Resources Control Board Emergency Regulation Article 22.5: Drought Emergency Water Conservation

6/16/16

Adopted Resolution No. 06-16-28 and approved submitting a consent form and all supporting documentation to the State Water Resources Control Board indicating the District’s self-certified conservation standard of “zero” by June 22, 2016

6/22/16 Received State acknowledgement for self-certification.

62

250

350

450

550

650

750

850

Th

ou

san

d A

cre

-Fe

et

Diamond Valley Lake Storage

0.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

4.5

5.0

Mill

ion

Acr

e-F

ee

t

Lake Shasta Reservoir Storage

2014-2015 2015-2016

Capacity: 4.55 MAF

Record Low: 587 TAF (08/01/1977)

HIGHLIGHTS

55%

15%

Statewide

85%

As of: 07/10/2016

2016 SWP Allocation

1,146,900 AF

60% of Table A

WATER SUPPLY CONDITIONS SWP

Flip Over for CRA Data Turn page for more SWP Data

2.75 MAF OROVILLE

253 TAF

CASTAIC

444 TAF DVL

TOT: 299 TAF

SAN LUIS

SWP: 226 TAF

78%

78%

Average EOM Storage

%

Capacity

Current Storage (% Capacity)

%

WATER SUPPLY CONDITIONS CRA

Turn page for more CRA Data Flip Over for SWP Data

13.92 MAF

POWELL

9.34 MAF

MEAD

1071.79 FT

36%

57%

As of: 07/10/2016

Upper Colorado River Basin

97%

2016 Colorado River

865,000 AF

69% of full CRA

0

10

20

30

98%

25.1" WY

CO

UT

AZ NM

Snowpack % On April 1

% Normal

Avg

%

Rainfall to Date (in) Runoff Forecast Water Year to Date unless otherwise indicated

On April 1 On April 1

1.68 MAF more in storage than this

time last year

117 TAF more in storage than this

time last year

Northern Sierra

102% WY

67%

Owens River Basin

Apr-Sep

92%

Upper Colorado

River Basin

WY

Capacity: 810 TAF

Previous Record Low: 342 TAF (06/03/2009)

1.8 1.1 1.0

1.7 2.4

2.7 2.3

1.2 0.9

0

1

2

3

4

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Mill

ion

Acr

e-F

ee

t

Calendar Year

MWD Storage Reserve Levels

Estimated

Storage Balance

Emergency Storage

810 TAF

325 TAF

2.04 MAF

3.5 MAF

0

5

10

15

20

25

30

Wat

er

Co

nte

nt

(in

)

Southern Sierra Snowpack

2014-2015 2015-2016 Normal

71% of Normal on

April 1

24.3 MAF

26.1 MAF

(Does not include storage withdrawals or exchanges)

1.1-1.5

This report is produced by the Water Resource Management group and contains information from various federal, state, and local agencies. The Metropolitan Water District of Southern California cannot guarantee the accuracy or completeness of this information.

Readers should refer to the relevant state, federal, and local agencies for additional or for the most up to date water supply information.

Reservoirs, lakes, aqueducts, maps, watersheds, and all other visual representations on this report are not drawn to scale.

http://www.mwdh2o.com/WSCR

This report is best printed double sided on legal size paper (8.5" x 14") and folded in quarters

Colorado River Basin

Inflow to Lake Powell in June was 2.9 MAF (109% of normal). Lake Powell water year inflow forecasted at 92% of normal.

Upper Colorado River Basin Water Year precipitation to date is normal.

Northern California

Oroville storage is 98% of the Historical Average for this time of the year.

Sacramento River water year runoff forecasted at 102% of normal. Northern Sierra Water Year precipitation to date is above normal (119%).

73

State Water Project Resources As of: 07/10/2016 Colorado River Resources As of: 07/10/2016

40%

59%

140%

179%

34%

238%

72% 105%

90% 0% 0

4

8

12

16

Pre

cip

itat

ion

(in

)

8 Station Index Precip

Average Monthly Precip Actual Precip to Date

0.0

0.3

0.6

0.9

1.2

1.5

1.8

2.1

Mill

ion

Acr

e-F

ee

t

San Luis Reservoir Storage

Total Current SWP Current

Capacity: 2.04 MAF

Total Last Year

SWP Last Year

6

8

10

12

14

16

18

20

Mill

ion

Acr

e-F

ee

t

Lake Powell Storage

6

8

10

12

14

16

18

20

Mill

ion

Acr

e-F

ee

t

Lake Mead Storage

Surplus

Shortage

90%

109%

142% 133%

20%

143%

78%

61% 50% 0%

0

4

8

12

Pre

cip

itat

ion

(in

)

5 Station Index Precip


87%

100%

130%

93%

63%

99% 103% 139%

29% 48%

0

2

4

6

Pre

cip

itat

ion

(in

)


Upper Colorado Basin Precip

Lake Mead Shortage/Surplus Outlook

Likelihood based on results from the April 2016 USBR MTOM/Colorado River Simulation System model run

57.8 in. Water Year

to Date

0

5

10

15

20

25

30

35

Mill

ion

s A

cre

-Fe

et

Sacramento River Runoff

0

3

5

8

10

13

15

18

Mill

ion

s A

cre

-Fe

et

Powell Unregulated Inflow

Long Term Average Long Term Average

Colorado River Resources As of: 07/10/2016

Colorado River Ag Use Forecast 40.0 in. Water Year

to Date

2017 2018 2019 2020 2021

Shortage 10% 56% 64% 64% 61%

Surplus 0% <1% 4% 8% 12%328 TAF less in SWP storage than this

time last year

Other SWP Contract Supplies for 2016 (AF)

Transfer Supplies TBD

Multi Year Pool 7,000

Pool A/B (Purchased) 0

Article 56 (Prior Cal. Year(s) CO) 2,400

WY 2016 of normal

(forecast)

WY 2016 of normal

(forecast)

319 TAF less in storage than this

time last year

761 TAF more in storage than this

time last year Capacity: 24.3 MAF

Capacity: 26.1 MAF

25.1 in. Water Year

to Date

92%

0.8

1.3

1.8

2.3

2.8

3.3

3.8

Mill

ion

Acr

e-F

ee

t

Oroville Reservoir Storage

2014-2015 2015-2016 Flood Regulation Boundaries

Record Low: 882 TAF (9/7/1977)

Capacity: 3.5 MAF

1.43 MAF more in storage than this

time last year

420

440

460

480

500

J F M A M J J A S O N D

Th

ou

san

d A

cre

-Fe

et

Date of Forecast

PVID/Yuma (QSA Priority 1 & 2)

2.75

2.80

2.85

2.90

2.95

3.00

J F M A M J J A S O N D

Mill

ion

Acr

e-F

ee

t

Date of Forecast

IID/CVWD (QSA Priority 3a)

80

60

20

0

40

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

18.0

Wat

er

Co

nte

nt

(in

)

Upper Colorado Basin Snowpack

2014-2015 2015-2016 Normal

97% of normal on April 1

0

5

10

15

20

25

30

35

Wat

er

Co

nte

nt

(in

)

Northern Sierra Snowpack

2014-2015 2015-2016 Normal

95% of normal on

April 1

102%

Ab

ove

QSA

Thre

sho

ld

This report is best printed double sided on legal size paper (8.5" x 14") and folded in quarters

74

Monthly Account Statement

(213)630-6374

Amy Kung

Bank of New York Mellon Trust Company

CustodianChandler TeamFor questions about your account,

please call (800) 317-4747 or

Email [email protected]

Walnut Valley Water District Consolidated

June 1, 2016 through June 30, 2016

Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Prices are provided by IDC, an independent pricing source.

6225 Lusk Boulevard | San Diego, CA 92121 | Phone 800.317.4747 | Fax 858.546.3741 | www.chandlerasset.com

127

ACCOUNT SUMMARY

Beg. Valuesas of 5/31/16

End Valuesas of 6/30/16

Market Value 40,864,065 41,134,732Accrued Interest 119,729 113,964Total Market Value 40,983,794 41,248,696

Income Earned 42,553 41,315Cont/WD

Par 40,574,973 40,610,061Book Value 40,597,136 40,630,017Cost Value 40,670,898 40,705,985

TOP ISSUERS

Issuer % Portfolio

Government of United States 18.9 %

Federal Home Loan Bank 13.0 %

Federal National Mortgage Assoc 11.5 %

Local Agency Investment Fund 11.4 %

Federal Home Loan Mortgage Corp 9.0 %

Bank Cash Account 7.8 %

Federal Farm Credit Bank 7.3 %

Wells Fargo Corp 1.7 %

80.4 %

PORTFOLIO CHARACTERISTICS

Average Duration 2.06

Average Coupon 1.29 %

Average Purchase YTM 1.22 %

Average Market YTM 0.77 %

Average S&P/Moody Rating AA/Aa1

Average Final Maturity 2.13 yrs

Average Life 2.12 yrs

CREDIT QUALITY (S&P)MATURITY DISTRIBUTIONSECTOR ALLOCATION

PERFORMANCE REVIEW

Total Rate of Return Current Latest Year Annualized SinceAs of 6/30/2016 Month 3 Months To Date 1 Yr 3 Yrs 5 Yrs 10 Yrs

Portfolio SummaryAs of 6/30/2016

Walnut Valley Water District ConsolidatedAccount #10076

Execution Time: 7/8/2016 6:55:22 AMChandler Asset Management - CONFIDENTIAL Page 1128

ACCOUNT SUMMARY

Beg. Valuesas of 5/31/16

End Valuesas of 6/30/16

Market Value 33,007,847 33,255,959Accrued Interest 114,267 106,295Total Market Value 33,122,114 33,362,254

Income Earned 39,144 39,109Cont/WD -36,756

Par 32,718,756 32,731,287Book Value 32,740,918 32,751,243Cost Value 32,814,680 32,827,212

TOP ISSUERS

Issuer % Portfolio

Government of United States 23.3 %

Federal Home Loan Bank 16.0 %

Federal National Mortgage Assoc 14.2 %

Federal Home Loan Mortgage Corp 11.1 %

Federal Farm Credit Bank 9.0 %

Wells Fargo Corp 2.2 %

Apple Inc 2.0 %

Tennessee Valley Authority 1.8 %

79.6 %

PORTFOLIO CHARACTERISTICS

Average Duration 2.55

Average Coupon 1.52 %

Average Purchase YTM 1.43 %

Average Market YTM 0.88 %

Average S&P/Moody Rating AA/Aa1

Average Final Maturity 2.63 yrs

Average Life 2.63 yrs

CREDIT QUALITY (S&P)MATURITY DISTRIBUTIONSECTOR ALLOCATION

PERFORMANCE REVIEW

Total Rate of Return Current Latest Year Annualized SinceAs of 6/30/2016 Month 3 Months To Date 1 Yr 3 Yrs 5 Yrs 10 Yrs 7/31/2009 7/31/2009

Walnut Valley Water District 0.84 % 0.76 % 2.34 % 2.51 % 1.76 % 1.52 % N/A 1.82 % 13.31 %

BAML 1-5 Yr US Treasury/Agency Index* 0.95 % 0.80 % 2.35 % 2.40 % 1.65 % 1.42 % N/A 1.62 % 11.78 %

*BAML 1-3 Yr US Treasury Index to 8/31/10

Portfolio SummaryAs of 6/30/2016

Walnut Valley Water DistrictAccount #10074


Holdings ReportAs of 6/30/16


CUSIP Security Description Par Value/UnitsPurchase Date

Book YieldCost Value

Book ValueMkt PriceMkt YTM

Market ValueAccrued Int.

% of Port.Gain/Loss

Moody/S&P Fitch

MaturityDuration

AGENCY

3137EACW7 FHLMC Note2% Due 8/25/2016

600,000.00 08/31/20111.23 %

622,338.60600,675.07

100.230.46 %

601,403.404,200.00

1.47 %728.33

Aaa / AA+AAA

0.150.15

3135G0ES8 FNMA Note1.375% Due 11/15/2016

700,000.00 03/06/20120.98 %

712,499.90701,000.28

100.340.45 %

702,412.201,229.86

1.71 %1,411.92

Aaa / AA+AAA

0.380.37

313371PV2 FHLB Note1.625% Due 12/9/2016

500,000.00 12/26/20120.63 %

519,400.00502,166.02

100.500.49 %

502,494.50496.53

1.22 %328.48

Aaa / AA+AAA

0.440.44

3133782N0 FHLB Note0.875% Due 3/10/2017

600,000.00 06/25/20150.66 %

602,178.00600,886.68

100.290.46 %

601,716.601,618.75

1.46 %829.92

Aaa / AA+AAA

0.690.69

3135G0JA2 FNMA Note1.125% Due 4/27/2017

525,000.00 05/10/20121.04 %

527,136.23525,353.68

100.440.59 %

527,324.701,050.00

1.28 %1,971.02

Aaa / AA+AAA

0.820.82

3137EADF3 FHLMC Note1.25% Due 5/12/2017

675,000.00 06/20/20120.98 %

683,768.25676,546.47

100.580.58 %

678,881.931,148.44

1.65 %2,335.46

Aaa / AA+AAA

0.870.86

3133EAY28 FFCB Note0.83% Due 9/21/2017

675,000.00 09/25/20120.82 %

675,486.00675,119.30

100.250.63 %

676,665.231,556.25

1.64 %1,545.93

Aaa / AA+AAA

1.231.21

3130A4GJ5 FHLB Note1.125% Due 4/25/2018

530,000.00 03/17/20151.11 %

530,185.50530,108.45

100.820.67 %

534,320.031,093.13

1.30 %4,211.58

Aaa / AA+AAA

1.821.80

3133ED2C5 FFCB Note1.95% Due 9/17/2018

600,000.00 03/15/20161.10 %

612,468.00611,034.11

102.550.79 %

615,300.603,380.00

1.50 %4,266.49

Aaa / AA+AAA

2.222.16

880591EQ1 Tennessee Valley Authority Note1.75% Due 10/15/2018

575,000.00 Various1.67 %

576,503.75576,024.37

102.070.83 %

586,922.632,124.31

1.43 %10,898.26

Aaa / AA+AAA

2.292.24

3135G0YT4 FNMA Note1.625% Due 11/27/2018

425,000.00 Various1.52 %

426,674.31426,042.25

102.130.73 %

434,046.98652.25

1.05 %8,004.73

Aaa / AA+AAA

2.412.36

3133EFSJ7 FFCB Note1.3% Due 12/14/2018

675,000.00 12/29/20151.41 %

672,860.25673,224.80

101.230.79 %

683,297.10414.38

1.66 %10,072.30

Aaa / AA+AAA

2.462.41

3133782M2 FHLB Note1.5% Due 3/8/2019

575,000.00 02/13/20151.45 %

576,190.25575,788.14

101.820.82 %

585,444.302,707.29

1.43 %9,656.16

Aaa / AA+AAA

2.692.62

3137EADG1 FHLMC Note1.75% Due 5/30/2019

575,000.00 Various1.73 %

575,369.38575,251.60

102.750.79 %

590,810.78866.49

1.43 %15,559.18

Aaa / AA+AAA

2.922.84

3135G0ZE6 FNMA Note1.75% Due 6/20/2019

600,000.00 07/28/20141.80 %

598,680.00599,199.28

102.720.82 %

616,335.60320.83

1.49 %17,136.32

Aaa / AA+AAA

2.972.90

3137EADK2 FHLMC Note1.25% Due 8/1/2019

600,000.00 09/05/20141.77 %

585,342.00590,769.07

101.230.85 %

607,360.803,125.00

1.48 %16,591.73

Aaa / AA+AAA

3.093.01

3135G0ZG1 FNMA Note1.75% Due 9/12/2019

575,000.00 Various1.86 %

571,960.88573,033.19

102.770.87 %

590,921.753,046.70

1.44 %17,888.56

Aaa / AA+AAA

3.203.10

3137EADM8 FHLMC Note1.25% Due 10/2/2019

600,000.00 12/08/20141.77 %

585,564.00590,244.61

101.190.88 %

607,125.001,854.17

1.48 %16,880.39

Aaa / AA+AAA

3.263.18

3135G0A78 FNMA Note1.625% Due 1/21/2020

600,000.00 03/15/20161.41 %

604,698.00604,346.65

102.360.95 %

614,171.404,333.33

1.50 %9,824.75

Aaa / AA+AAA

3.563.43

313378J77 FHLB Note1.875% Due 3/13/2020

650,000.00 05/18/20161.26 %

664,885.00664,425.85

103.121.01 %

670,283.903,656.25

1.63 %5,858.05

Aaa / AA+NR

3.703.56








% of Port.Gain/Loss

Moody/S&P Fitch

MaturityDuration

AGENCY

3137EADR7 FHLMC Note1.375% Due 5/1/2020

600,000.00 05/26/20151.61 %

593,323.20594,806.93

101.510.97 %

609,045.601,375.00

1.48 %14,238.67

Aaa / AA+AAA

3.843.72

313383HU8 FHLB Note1.75% Due 6/12/2020

500,000.00 06/23/20151.81 %

498,645.00498,923.47

102.661.06 %

513,303.50461.81

1.25 %14,380.03

Aaa / AA+NR

3.953.81

3133EEW55 FFCB Note1.8% Due 6/15/2020

600,000.00 06/25/20151.82 %

599,424.00599,540.66

102.921.05 %

617,499.00480.00

1.50 %17,958.34

Aaa / AA+AAA

3.963.82

3133EE5Z9 FFCB Note1.75% Due 8/4/2020

402,000.00 12/11/20151.67 %

403,515.54403,337.50

102.651.09 %

412,651.792,872.63

1.01 %9,314.29

Aaa / AA+AAA

4.103.92

3135G0F73 FNMA Note1.5% Due 11/30/2020

600,000.00 12/11/20151.72 %

593,622.00594,322.45

101.701.11 %

610,177.80775.00

1.48 %15,855.35

Aaa / AA+AAA

4.424.26

3130A3UQ5 FHLB Note1.875% Due 12/11/2020

600,000.00 02/12/20161.30 %

616,098.00614,854.06

103.051.17 %

618,301.80625.00

1.50 %3,447.74

Aaa / AA+NR

4.454.26

3135G0H55 FNMA Note1.875% Due 12/28/2020

600,000.00 02/12/20161.28 %

616,818.00615,530.86

103.331.11 %

619,953.0093.75

1.50 %4,422.14

Aaa / AA+AAA

4.504.31

3130A7CV5 FHLB Note1.375% Due 2/18/2021

650,000.00 03/15/20161.64 %

642,018.00642,484.13

101.181.11 %

657,664.803,301.91

1.60 %15,180.67

Aaa / AA+AAA

4.644.46

313382K69 FHLB Note1.75% Due 3/12/2021

625,000.00 03/16/20161.68 %

627,225.00627,096.63

102.761.15 %

642,228.133,311.63

1.56 %15,131.50

Aaa / AA+AAA

4.704.49

Total Agency 17,032,000.00 1.40 %17,114,877.0417,062,136.56 0.84 %

17,328,064.8552,170.69

42.14 %265,928.29

Aaa / AA+Aaa

2.752.66

CASH

90CASH$00 Cash Custodial Cash Account 3,201,599.73 Various0.00 %

3,201,599.733,201,599.73

1.000.00 %

3,201,599.730.00

7.76 %0.00

NR / NRNR

0.000.00

Total Cash 3,201,599.73 N/A3,201,599.733,201,599.73 0.00 %

3,201,599.730.00

7.76 %0.00

NR / NRNR

0.000.00

LAIF

90LAIF$00 Local Agency Investment Fund State Pool

4,677,173.82 Various0.58 %

4,677,173.824,677,173.82

1.000.58 %

4,677,173.827,668.26

11.36 %0.00

NR / NRNR

0.000.00

Total LAIF 4,677,173.82 0.58 %4,677,173.824,677,173.82 0.58 %

4,677,173.827,668.26

11.36 %0.00

NR / NRNR

0.000.00

MONEY MARKET FUND FI

60934N807 Federated Prime Value Oblig Govt Oblig Fund Inst.

39,287.25 Various0.02 %

39,287.2539,287.25

1.000.02 %

39,287.250.00

0.10 %0.00

Aaa / AAAAAA

0.000.00

Total Money Market Fund FI 39,287.25 0.02 %39,287.2539,287.25 0.02 %

39,287.250.00

0.10 %0.00

Aaa / AAAAaa

0.000.00








% of Port.Gain/Loss

Moody/S&P Fitch

MaturityDuration

US CORPORATE

94974BFD7 Wells Fargo Corp Note2.1% Due 5/8/2017

710,000.00 10/18/20121.36 %

732,933.00714,301.67

100.861.09 %

716,100.322,195.08

1.74 %1,798.65

A2 / AAA-

0.850.85

064058AA8 Bank of New York Note1.969% Due 6/20/2017

550,000.00 02/27/20131.21 %

567,594.50553,959.60

100.871.07 %

554,758.05330.90

1.35 %798.45

A1 / AAA-

0.970.96

166764AA8 Chevron Corp Callable Note Cont 11/5/171.104% Due 12/5/2017

540,000.00 12/26/20120.95 %

544,109.40541,189.74

100.170.98 %

540,892.08430.56

1.31 %(297.66)

Aa2 / AA-NR

1.431.33

24422ESR1 John Deere Capital Corp Note1.55% Due 12/15/2017

360,000.00 06/23/20151.26 %

362,509.20361,475.02

100.940.90 %

363,399.12248.00

0.88 %1,924.10

A2 / ANR

1.461.44

459200HZ7 IBM Corp Note1.125% Due 2/6/2018

375,000.00 02/13/20151.28 %

373,293.75374,078.34

100.430.85 %

376,614.001,699.22

0.92 %2,535.66

Aa3 / AA-A+

1.611.58

808513AK1 Charles Schwab Corp Callable Note Cont 2/10/20181.5% Due 3/10/2018

365,000.00 03/17/20151.47 %

365,328.50365,186.63

100.940.91 %

368,429.181,688.13

0.90 %3,242.55

A2 / AA

1.691.58

037833AJ9 Apple Inc Note1% Due 5/3/2018

675,000.00 06/12/20131.56 %

657,342.00668,347.27

100.250.86 %

676,661.181,087.50

1.64 %8,313.91

Aa1 / AA+NR

1.841.82

747525AG8 Qualcomm Inc Note1.4% Due 5/18/2018

360,000.00 05/26/20151.47 %

359,312.40359,565.66

100.890.92 %

363,200.40574.00

0.88 %3,634.74

A1 / A+NR

1.881.85

084664BY6 Berkshire Hathaway Note2% Due 8/15/2018

500,000.00 08/12/20131.98 %

500,380.00500,161.28

102.210.95 %

511,044.003,777.78

1.25 %10,882.72

Aa2 / AAA+

2.132.07

02665WAC5 American Honda Finance Note2.125% Due 10/10/2018

360,000.00 03/17/20151.73 %

364,906.80363,136.58

102.670.94 %

369,623.521,721.25

0.90 %6,486.94

A1 / A+NR

2.282.22

36962G7G3 General Electric Capital Corp Note2.3% Due 1/14/2019

400,000.00 03/19/20141.97 %

405,928.00403,127.64

103.390.94 %

413,579.604,267.78

1.01 %10,451.96

A1 / AA+NR

2.542.45

17275RAR3 Cisco Systems Note2.125% Due 3/1/2019

315,000.00 03/19/20142.03 %

316,411.20315,761.56

102.711.09 %

323,524.532,231.25

0.79 %7,762.97

A1 / AA-NR

2.672.58

30231GAP7 Exxon Mobil Corp Note1.708% Due 3/1/2019

415,000.00 03/16/20161.63 %

415,917.15415,827.82

101.621.09 %

421,742.512,323.35

1.03 %5,914.69

Aaa / AA+NR

2.672.59

91159HHH6 US Bancorp Callable Note Cont 3/25/20192.2% Due 4/25/2019

360,000.00 09/05/20142.04 %

362,516.40361,514.09

102.561.25 %

369,215.641,452.00

0.90 %7,701.55

A1 / A+AA

2.822.64

89236TBP9 Toyota Motor Credit Corp Note2.125% Due 7/18/2019

350,000.00 12/11/20151.97 %

351,844.50351,564.52

102.671.23 %

359,360.403,367.53

0.88 %7,795.88

Aa3 / AA-A

3.052.93

68389XAX3 Oracle Corp Note2.25% Due 10/8/2019

400,000.00 05/18/20161.47 %

410,192.00409,869.63

103.091.28 %

412,367.602,075.00

1.00 %2,497.97

A1 / AA-A+

3.273.14

40428HPN6 HSBC USA Inc Note2.375% Due 11/13/2019

250,000.00 02/12/20162.59 %

248,102.50248,288.91

100.802.13 %

252,003.50791.67

0.61 %3,714.59

A2 / AAA-

3.373.21

713448DC9 Pepsico Inc. Callable Note Cont 9/14/20202.15% Due 10/14/2020

325,000.00 10/20/20152.08 %

326,010.75325,868.30

102.801.46 %

334,085.701,494.55

0.81 %8,217.40

A1 / AA

4.294.00








% of Port.Gain/Loss

Moody/S&P Fitch

MaturityDuration

US CORPORATE

857477AV5 State Street Bank Note1.95% Due 5/19/2021

400,000.00 05/18/20162.01 %

398,884.00398,907.89

101.261.68 %

405,027.60910.00

0.98 %6,119.71

A1 / AAA-

4.894.64

Total US Corporate 8,010,000.00 1.63 %8,063,516.058,032,132.15 1.10 %

8,131,628.9332,665.55

19.79 %99,496.78

A1 / AA-A+

2.262.17

US TREASURY

912828SC5 US Treasury Note0.875% Due 1/31/2017

650,000.00 09/25/20120.57 %

658,406.47651,132.86

100.250.45 %

651,619.152,375.00

1.59 %486.29

Aaa / AA+AAA

0.590.58

912828SY7 US Treasury Note0.625% Due 5/31/2017

700,000.00 01/11/20130.65 %

699,209.38699,834.75

100.090.53 %

700,628.60370.56

1.70 %793.85

Aaa / AA+AAA

0.920.91

912828TM2 US Treasury Note0.625% Due 8/31/2017

300,000.00 06/25/20150.76 %

299,098.66299,515.80

100.090.55 %

300,269.40626.70

0.73 %753.60

Aaa / AA+AAA

1.171.16

912828VQ0 US Treasury Note1.375% Due 7/31/2018

500,000.00 05/12/20141.40 %

499,571.99499,788.77

101.570.62 %

507,851.502,870.88

1.24 %8,062.73

Aaa / AA+AAA

2.082.05

912828WD8 US Treasury Note1.25% Due 10/31/2018

500,000.00 03/19/20141.46 %

495,431.36497,691.29

101.390.65 %

506,933.501,052.99

1.23 %9,242.21

Aaa / AA+AAA

2.342.30

912828A34 US Treasury Note1.25% Due 11/30/2018

500,000.00 03/19/20141.49 %

494,630.58497,240.19

101.430.65 %

507,129.00529.37

1.23 %9,888.81

Aaa / AA+AAA

2.422.38

912828SH4 US Treasury Note1.375% Due 2/28/2019

525,000.00 12/08/20141.52 %

521,802.54522,984.48

101.820.69 %

534,536.102,412.79

1.30 %11,551.62

Aaa / AA+AAA

2.672.61

912828ST8 US Treasury Note1.25% Due 4/30/2019

600,000.00 Various1.64 %

589,115.29593,702.44

101.570.69 %

609,445.201,263.59

1.48 %15,742.76

Aaa / AA+AAA

2.832.78

912828UF5 US Treasury Note1.125% Due 12/31/2019

600,000.00 03/15/20161.33 %

595,408.26595,756.87

101.070.81 %

606,445.2018.34

1.47 %10,688.33

Aaa / AA+AAA

3.503.43

912828UV0 US Treasury Note1.125% Due 3/31/2020

600,000.00 05/26/20151.58 %

587,298.89590,170.82

101.020.85 %

606,093.601,696.72

1.47 %15,922.78

Aaa / AA+AAA

3.753.66

912828VA5 US Treasury Note1.125% Due 4/30/2020

600,000.00 03/15/20161.41 %

593,298.89593,766.72

100.980.86 %

605,883.001,143.75

1.47 %12,116.28

Aaa / AA+AAA

3.843.74

912828XM7 US Treasury Note1.625% Due 7/31/2020

600,000.00 12/11/20151.54 %

602,228.57601,966.15

102.830.92 %

616,992.004,071.43

1.51 %15,025.85

Aaa / AA+AAA

4.093.93

912828L65 US Treasury Note1.375% Due 9/30/2020

300,000.00 10/20/20151.38 %

299,872.10299,889.97

101.820.94 %

305,449.201,036.89

0.74 %5,559.23

Aaa / AA+AAA

4.254.11








% of Port.Gain/Loss

Moody/S&P Fitch

MaturityDuration

US TREASURY

912828WC0 US Treasury Note1.75% Due 10/31/2020

675,000.00 12/29/20151.78 %

674,158.51674,246.14

103.360.96 %

697,702.281,990.15

1.70 %23,456.14

Aaa / AA+AAA

4.344.16

Total US Treasury 7,650,000.00 1.32 %7,609,531.497,617,687.25 0.73 %

7,756,977.7321,459.16

18.86 %139,290.48

Aaa / AA+Aaa

2.782.71

TOTAL PORTFOLIO 40,610,060.80 1.22 %40,705,985.3840,630,016.76 0.77 %

41,134,732.31113,963.66

100.00 %504,715.55

Aa1 / AAAaa

2.132.06

TOTAL MARKET VALUE PLUS ACCRUED 41,248,695.97


Transaction Ledger5/31/16 Thru 6/30/16


Transaction Type

Settlement Date CUSIP Quantity Security Description Price

Acq/DispYield Amount

Interest Pur/Sold Total Amount Gain/Loss

ACQUISITIONS

Purchase 06/02/2016 60934N807 1.70 Federated Prime Value Oblig Govt Oblig Fund Inst.

1.000 0.02 % 1.70 0.00 1.70 0.00

Purchase 06/05/2016 60934N807 2,980.80 Federated Prime Value Oblig Govt Oblig Fund Inst.

1.000 0.02 % 2,980.80 0.00 2,980.80 0.00


1.000 0.02 % 4,062.50 0.00 4,062.50 0.00


1.000 0.02 % 5,625.00 0.00 5,625.00 0.00


1.000 0.02 % 4,375.00 0.00 4,375.00 0.00


1.000 0.02 % 4,387.50 0.00 4,387.50 0.00


1.000 0.02 % 8,190.00 0.00 8,190.00 0.00


1.000 0.02 % 10,664.75 0.00 10,664.75 0.00


1.000 0.02 % 5,625.00 0.00 5,625.00 0.00


1.000 0.02 % 3,375.00 0.00 3,375.00 0.00

Subtotal 49,287.25 49,287.25 0.00 49,287.25 0.00

Security Contribution

06/30/2016 90CASH$00 22,555.64 Cash Custodial Cash Account 1.000 22,555.64 0.00 22,555.64 0.00

Subtotal 22,555.64 22,555.64 0.00 22,555.64 0.00

TOTAL ACQUISITIONS 71,842.89 71,842.89 0.00 71,842.89 0.00

DISPOSITIONS

Security Withdrawal

06/01/2016 60934N807 26,755.52 Federated Prime Value Oblig Govt Oblig Fund Inst.

1.000 26,755.52 0.00 26,755.52 0.00

Security Withdrawal

06/13/2016 60934N807 10,000.00 Federated Prime Value Oblig Govt Oblig Fund Inst.

1.000 10,000.00 0.00 10,000.00 0.00

Subtotal 36,755.52 36,755.52 0.00 36,755.52 0.00

TOTAL DISPOSITIONS 36,755.52 36,755.52 0.00 36,755.52 0.00


Transaction Ledger5/31/16 Thru 6/30/16


Transaction Type

Settlement Date CUSIP Quantity Security Description Price

Acq/DispYield Amount

Interest Pur/Sold Total Amount Gain/Loss

OTHER TRANSACTIONS

Interest 06/05/2016 166764AA8 540,000.00 Chevron Corp Callable Note Cont 11/5/171.104% Due 12/5/2017

0.000 2,980.80 0.00 2,980.80 0.00

Interest 06/09/2016 313371PV2 500,000.00 FHLB Note1.625% Due 12/9/2016

0.000 4,062.50 0.00 4,062.50 0.00

Interest 06/11/2016 3130A3UQ5 600,000.00 FHLB Note1.875% Due 12/11/2020

0.000 5,625.00 0.00 5,625.00 0.00

Interest 06/12/2016 313383HU8 500,000.00 FHLB Note1.75% Due 6/12/2020

0.000 4,375.00 0.00 4,375.00 0.00

Interest 06/14/2016 3133EFSJ7 675,000.00 FFCB Note1.3% Due 12/14/2018

0.000 4,387.50 0.00 4,387.50 0.00

Interest 06/15/2016 24422ESR1 360,000.00 John Deere Capital Corp Note1.55% Due 12/15/2017

0.000 2,790.00 0.00 2,790.00 0.00

Interest 06/15/2016 3133EEW55 600,000.00 FFCB Note1.8% Due 6/15/2020

0.000 5,400.00 0.00 5,400.00 0.00

Interest 06/20/2016 064058AA8 550,000.00 Bank of New York Note1.969% Due 6/20/2017

0.000 5,414.75 0.00 5,414.75 0.00

Interest 06/20/2016 3135G0ZE6 600,000.00 FNMA Note1.75% Due 6/20/2019

0.000 5,250.00 0.00 5,250.00 0.00

Interest 06/28/2016 3135G0H55 600,000.00 FNMA Note1.875% Due 12/28/2020

0.000 5,625.00 0.00 5,625.00 0.00

Interest 06/30/2016 912828UF5 600,000.00 US Treasury Note1.125% Due 12/31/2019

0.000 3,375.00 0.00 3,375.00 0.00

Subtotal 6,125,000.00 49,285.55 0.00 49,285.55 0.00

Dividend 06/02/2016 60934N807 26,755.52 Federated Prime Value Oblig Govt Oblig Fund Inst.

0.000 1.70 0.00 1.70 0.00

Subtotal 26,755.52 1.70 0.00 1.70 0.00

TOTAL OTHER TRANSACTIONS 6,151,755.52 49,287.25 0.00 49,287.25 0.00


Category Standard CommentLocal Agency Bonds No Limitation CompliesTreasury Issues No Limitation CompliesAgency Issues No Limitation CompliesBanker’s Acceptances 40% maximum; 5% max per issuer; 180 days max maturity Complies Commercial Paper 25% maximum; 5% max per issuer; 270 days max maturity; A-1 or

equivalent rated; A- rated issuerComplies

Negotiable Certificates of Deposit 30% maximum; 5 years max maturity; 5% max per issuer Complies Repurchase Agreements No limitation; 1-year max maturity Complies Reverse Repurchase Agreements 20% maximum; 92 days max maturity Complies Medium Term Notes 30% maximum; 5% max per issuer; 5 years max maturity; A-rated

or betterComplies

Money Marker Mutual Funds 20% maximum; AAA by two NRSROs or SEC registered Investment Adviser; 10% max per fund

Complies

Mortgage Pass-throughs, CMOs and Asset Backed Securities

20% maximum; AA-rated issue; A-rated issuer Complies

Supranational Securities 30% maximum; 10% max per issuer; IBRD, IADB or IFC Only; AA- rated or beter

Complies

Local Agency Investment Fund - L.A.I.F. Maximum program limitation CompliesProhibited Securities Inverse floaters; Ranges notes, Interest-only strips from mortgaged

backed securities; Zero interest accrual securitiesComplies

Maximum Issuer Exposure No more than 5% in any single issuer except US Gov and agencies

Complies

Maximum maturity 5 years Complies

Walnut Valley Water DistrictJune 30, 2016

COMPLIANCE WITH INVESTMENT POLICY Assets managed by Chandler Asset Management are in full compliance with State law and with the District's investment policy.

137

Porfolio Index

PeriodNet of 10.9 bps

annual fee*ML 1-5 Year US

Government1 month 0.83% 0.95%3 months 0.73% 0.80%Year to Date 2.28% 2.35%Lastest 12 Months 2.40% 2.40%

Inception Date 7/31/2009 7/31/2009Since Inception 12.46% 11.78%Annualized Since Inception 1.71% 1.62%

Net of Fees Performance Reportas of 06/30/2016

Walnut Valley Water District

138

table of contents agenda 3 · 14.0 16.0 18.0 upper colorado basin snowpack 2014-2015 2015-2016...

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