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Home My WebLink AboutPension General_Documentation_Tab 14_08/06/2007• <;: ," 11~ ~F~ j~ ~'~~ ~Il ~- ~:~~ C~al~~~~l~~~anit}~ Binh ~-~;~b:~ fVie~laer FDIC {J "l~~ic-sta Drive. Suite 10t ~ Tequesta, Florida 3346 cn _ (56 I) 746-1 1 9U L~ r.._ ~s~ ~.t, 1~tLLAGE OF TEQUESTA BD OF TTEE'S , `~ ~ GENERAL EMP PENSION TR FUND - u- ~ ~`.~ 4 ~45 TEQUESTA DRIVE ~~ _ ; ~"~QUESTA, FL 33469 t. Beginning We Have Added Balance Number Deposits/Credits $3,562.08 0 $0.00 Items Minimum Enclosed Balance 2 $1,076.96 ACCOUNT STATEMENT PERIOD We Have Subtracted Number Checks/Debits 2 $2,485.12 CHECKS Date Check No. \ Amount 04/06/2007 1079 v 2,377.63 Average Balance $1,552.05 Ending Balance $1,076.96 Average Available Balance $1,552.05 PAGE 1 Date Check No. Amount 04/23/2007 1080 ~ 107.49 DAILY BALANCE INFORMATION Date Balance Date Balance Date Balance Start 3,562.08 04!06/2007 1,184.45 04/23/2007 1,076.96 0-838-3 03131/2007 To 0413012007 AI~TIf"."F,: SEE IM~'ORTAI~IT INFORMFTION ON REVERSE SIDE ~,C~w Z's11111C41~~% 1 ~cll~}C .~;:~ - • ~err~~c+r FE~64 2~0 Tf'-questa Drive, Suite I OI a Tequesta. Florida 3346<_~ (56 I) 746-1 ]<30 ACCOUNT 0-838-3 STATEMENT PERIOD 05/01/2007 To 05/3112007 VILLAGE OF TEQUESTA BD OF TTEE'S GENERAL EMP PENSION TR FUND 345 TEQUESTA DRIVE TEQUESTA, FL 33469 d~.~"l"~~"~il -!r'~. `i=,i--1111 PAGE 1 Beginning We Have Added Bala~ue !~:.~mber neposits/Credits $1,076.96 2 $5,500.00 Items Minimum Enclosed Balance 6 $1,076.96 Date Check No. 05/31 /2007 1081 • 05/29/2007 05/21/2007 1082 1084* Amount ~• 450.00 ~ 500.00 249.1 S Date Check No. ~ Amount 05/30/2007 1085 1,125.00 05/23/2007 1086 ~ 1,475.56 05/18/2007 1087 ~, 24.64 * -Denotes missing check number in sequence OTHER DEBITS Date Amount Description 05/10/2007 ~, 10.00 INC WIRE FEE - GREATBANC TR CO 05/30/2007 ~ 10.00 INC WIRE FEE- GREATBANC TR CO DEPOSITS /CREDITS Date Amount Description OS/1Qi2007 ~ 4,500.00 TNC WIRE - GREATBANC TR CO 05/30/2007 ~ 1,000.00 INC WIRE - (JKEriTcsANC TR CO DAILY BALANCE INFORMATION Date Balance Date Balance Date Balance Start 1,076.96 05/21/2007 5,293.17 05/30/2007 3,182.61 05/10/2007 5,566.96 05/23/2007 3,817.61 05/31/2007 2,732.61 05/18/2007 5,542.32 05/29/2007 3,317.61 • Average Balance $3,663.87 Ending Balance $2,732.61 Average Available Balance $3,663.87 CHECKS We Have Subtracted Number Checks/Debits 8 $3,844.35 M®7"ICF_: SEE IMPORTANT INFORMATION ON REVERSE SIDE 5400 CORAL WAY n/ilA~Jll, FL 33145 PH.305-421-600 FAX 305-442-064.2 • vvww.sunair~ericanbank.corn ACCOUNT: DOCUMENTS: VILLAGE OF TEQUESTA BD OF TTEE GENERAL EMP PENSION TR FUND 345 TEQUESTA DRIVE TEQUESTA FL 33469 • • ~ ~~~ 29 0 3 TEQUESTA OFFICE TELEPHONE:561-746-1190 250 TEQUESTA DR STE 101 TEQUESTA FL 33469 WE ARE PLEASED TO ANNOUNCE THAT, WITH THE ADDITION OF OUR TEQUESTA OFFICE LOCATED AT 250 TEQUESTA DRIVE, SUN AMERICAN BANK NOW HAS FIFTEEN BRANCHES CONVENIENTLY LOCATED THROUGHOUT THE SOUTH FLORIDA AREA TO BETTER SERVE YOU. COMMERCIAL THRIFT CHECKING ACCOUNT 8383 LAST STATEMENT 06/01/07 2,732.61 AVG AVAILABLE BALANCE 1,880.09 1 CREDITS 1,000.00 4 DEBITS 1,447.22 / THIS STATEMENT 06/29/07 2, 285.39 ~/J`T' - - - - - - - - OTHER CREDITS - - - - - - - - - DESCRIPTION DATE \ AMOUNT WT From: GREATBANC TRUST COMPANY/ 06/29 X51,000.00 - - - - - - - - - - CHECKS - - - - - - - - - - CHECK ~~..DATE......AMOUNT CHECK ~~..DATE.... .AMOUNT CHECK ~~..DATE....' .AMOUNT 1083x`06/27'477.00 1088 06/06 ''768.18 1089 06/04 192.04 (~~) INDICATES A GAP IN CHECK NUMBER SEQUENCE DESCRIPTION Incoming WT Fee - - - - - - - - - OTHER DEBITS - - - - - - - - - PAGE: 1 8383 06/29/2007 3 DATE AMOUNT 06/29 10.00 h~•-•~~ - - - - - - - - DAILY BALANCE - - - - - - - - DATE...........BALANCE DATE...........BALANCE DATE...........BALANCE 06/04 2,540.57 06/27 1,295.39 06/06 1,772.39 06/29 2,285.39 SALEM T4!C~ ST C®MPANY Statement of Account April 1, 2007 Through April 30, 2007 Salem Trust Company As Custodian For Village Of Tequesta General Employees Pension Plan Account Number :80105025 ACCOUNT MANAGER Karen Russo 954-426-5770 Confidential And Privileged Information Village Of Tequesta Attn: Gwen Carlisle 345 Tequesta Drive Tequesta, FL 33469-0273 • April 01, 2007 T~ril 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Net e4sset Summary Net Assets ~3eginnin~ 04/0]/2007 1.0 Summary Of Receipts 1.1 Cash Contributions L2 - 1.4 Earnings from Investments Total Receipts 2.0 Summary Of Disbursements 2.1 Distrib'~ition Of Benefits 2.2 Other Distributions 2-3 AdministraCion Expenses 2.4 Other Expenses Total Disbursements 3.0 Changes In Net Assets 3 1 Unrealized Gain (Loss) 3.2 - 3 3 Changes In Investments 3 4 Gain (Loss) On Sale of Assets Aggregate Proceeds Less- Aggregate Carry Value (Market Value) Total GainlLoss 3.5 Accrued Income - Interest t.6 Accrued Income -Dividend Total Accrued Income Less Prior Accrued Income Total Changes In Net Assets Net Assets Ending; 04/30/2Q07 14 90t 38 ?.509.90 0 00 n on -Sig 4tJ 0.00 22, 72?.91 n no 707, 438.99 164, 0.99.90 3,339.09 2, 88 7.60 2?6..55 3,124.15 Q 728. c5 18,411.28 -515.48 24,456.20 $ 909,564.99 $ 951,916.99 STC 74 EBR2N7' 't Asset Summary 'age 2 • April 01, 200 ,aril 30, 2007 • Account Name : Tequesta General Employees Pension Account No :80105025 Changes In Investments Investments /lcquired Federated Treasury Obligations Fund The Amount Shown Is The Net Of Deposits For The Entire Period Allstate Corp Purchased 165 Shares At 59.8778 Per Share Trade Date 04!04/2007 Settlement Date :04/10/2007 Broker Lynch Jones & Ryan Altria Group Inc Purchased 25 Shares At 70.38 Per Share Trade Date :04/04/2007 Settlement Date .04/10/2007 Broker. Lynch Jones & Ryan American Capital Strategies Purchased 215 Shares At 45.3796 Per Share Trade Date 04/04/2007 Settlement Date :04/10/2007 Broker. Lynch Jones & Ryan Amgen Inc Purchased 150 Shares At 56.625 Per Share Trade Date :04/04/2007 Settlement Date :04/10/2007 Broker: Lynch Jones & Ryan Applied Materials Inc Purchased 80 Shares At 18.55 Per Share Trade Date :04/0412007 Settlement Date :04/10/2007 Broker, Lynch Jones & Ryan AT&T Inc Purchased 30 Shares At 39.43 Per Share Trade Date :04/04/2007 Settlement Date :04/1012007 Broker: Lynch Jones & Ryan Bear Stearns Co Inc Purchased 10 Shares At 150.8 Per Share Trade Date :04/04/2007 Settlement Date :04/10/2007 Broker: Lynch Jones & Ryan Market Basis 18,211.90 9,888.09 1, 760.75 9, 767.36 8,50125 1.488.00 1,184.40 1, 508.50 STC 74 EBR2CIA-Changes in Investments Page 3 • April 01, 2007 Toil 30, 2007 • Account Name : Tequesta General Employees Pension Account No :80105025 Changes In Investments Investments Acquired Market Basis Becton Dickinson & Co 3,163.87 Purchased 40 Shares At 79.0467 Per Share Trade Dale :04104/2007 Settlement Date 04/10/2007 Broker: Lynch Jones 8 Ryan Burlington Northern Santa Fe Corp 1,636.00 Purchased 20 Shares At 81.75 Per Share Trade Date :04104/2007 Settlement Date :0411 0/2 00 7 Broker: Lynch Jones & Ryan Cadence Design Sys Inc 9,057.26 Purchased 420 Shares At 21.5149 Per Share Trade Date - 04/04/2007 Settlement Date :04/10/2007 Broker Lynch Jones & Ryan Caterpillar Inc 2,428.92 Purchased 36 Shares At 67,42 Per Share Trade Date :04/04/2007 Settlement Date :0411012007 Broker: Lynch Jones & Ryan Cisco Systems Inc 9,156.00 Purchased 350 Shares At 26.11 Per Share Trade Date :04/04/2007 Settlement Date :04/10/2007 Broker: Lynch Jones & Ryan Exxon Mobil Corp 8,465.56 Purchased 110 Shares At 76.9096 Per Share Trade Date :04/0412007 Settlement Date :04/10/2007 Broker. Lynch Jones & Ryan General Mills Inc 880.01 Purchased 15 Shares At 58.6174 Per Share Trade Date : 04!04/2007 Settlement Dale :04/10/2007 Broker: Lynch Jones & Ryan Intel Corp 8,937.80 Purchased 460 Shares At 19.38 Per Share Trade Date :04/04/2007 Settlement Date :04/10/2007 Broker: Lynch Jones & Ryan STC 74 EBR2C1/ ages in Investments 'age 4 April 01, 201 ,aril 30, 2007 • Account ame : Tequesta General Employees Pension Account No Changes In Investments Investments Acquired Market Basis 80105025 Johnson Controls Inc 2.414.71 Purchased 25 Shares At 96.5382 Per Share Trade Date :04104/2007 Settlement Date :04/10/2007 Broker Lynch Jones & Ryan Kimberly-Clark Corp 1.040.40 Purchased 15 Shares At 69.31 Per Share Trade Date :04/04/2007 Settlement Date :04/10/2007 Broker. Lynch Jones & Ryan Limited Brands 9.936.39 Purchased 380 Shares At 26.0984 Per Share Trade Date :04/04/2007 Settlement Date :04/10/2007 Broker: Lynch Jones & Ryan Lockheed Martin Corp 8,760.85 Purchased 90 Shares At 97.2928 Per Share Trade Date :04/04/2007 Settlement Date . 04/10/2007 Broker: Lynch Jones & Ryan Nordstrom Inc 1,632.20 Purchased 30 Shares At 54.3568 Per Share Trade Date :04/04/2007 Settlement Date :041 1 0/2 0 0 7 Broker: Lynch Jones & Ryan Penney (JC) Co Inc 10.010-50 Purchased 120 Shares Al 83.3708 Per Share Trade Date :04/04/2007 Settlement Date .04/10/2007 Broker: Lynch Jones & Ryan Pfizer Inc 2,965.85 Purchased 115 Shares At 25.74 Per Share Trade Date :04/04/2007 Settlement Date :04!10/2007 Broker. Lynch Jones & Ryan PPG Industries Inc 1.283.58 Purchased 18 Shares At 71.26 Per Share Trade Date : 04!04/2007 Settlement Date :04!10/2007 Broker: Lynch Jones & Ryan STC 74 EBR2CIA-Changes in Investments Page 5 • April 01, 2007 To~l 30, 2007 • Account Name : Tequesta General Employees Pension Changes In Investments Inveshnents Acyuired Praxair Inc Purchased 120 Shares At 63.3309 Per Share Trade Date .04/04/2007 Settlement Date :04/10/2007 Broker: Lynch Jones & Ryan SAFECO Corp Purchased 150 Shares At 65.4575 Per Share Trade Date :04/04/2007 Settlement Date 04/10/2007 Broker. Lynch Jones & Ryan U S Treasury Bill 05/10/07 Purchased 15000 Par Value At 99.619277 Trade Date :04/11/2007 Settlement Date :04/12/2007 Broker: First Tennessee Bank Natl Assn U S Treasury Note 4.625% 02/15/17 Purchased 15000 Par Value At 99.83984 Trade Date :04/23/2007 Settlement Date 04/24/2007 Broker: Morgan Stanley & Co., Inc. Verizon Communications Inc Purchased 60 Shares At 37.8687 Per Share Trade Date :04/04/2007 Settlement Date :04/10/2007 Broker. Lynch Jones & Ryan Wachovia Corp Purchased 30 Shares At 54.2436 Per Share Trade Date 04/04/2007 Settlement Date :04/10/2007 Broker: Lynch Jones & Ryan Tot«I Irlvestnrents .1 squired STC 74 EBRICI/ 7ges in Investments ~~Tarket L~asis 7,605.71 9,826.1.3 14,942.89 14,975.98 2.275,12 1,628.81 185, 334.79 Account No :80105025 age 6 • April 01, 200• aril 30, 2007 • Account Name : Tequesta General Employees Pension Account No :80105025 Changes In Investments Other Changes 1~larket Basis 04/06/2007 Kraft Foods Inc A Received 62.282 Per stock distribution effective 04/02/07 04/06/2007 Allria Group Inc Adjustment To Book -1499.45 Per stock disiribullon effective 04/02/07 04/06/2007 Altria Group Inc Adjustment To Cost -1499.45 Per stock distribution effective 04/02107 Total Other Changes 1,499.45 1,499.45 0.00 STG 74 EBR2CIA-Changes in Investments Page 7 • April 01, 2007 To~ 30, 2007 Account Name : Tequesta General Employees Pension Account No • :80105025 Earnings Frort~ Investments Interest Federated Treasury Obligations Fund 04,'02/2007 101.84 Symbol 60934N872 101.84 Goldman Sachs Group Inc 5.250°~~, 10/15/13 04/16/2007 Rate 2.625 Payable 04/15/2007 On 5000.00 Par 131.25 Symbol: 38141 GD04 131.25 FHLMC 5.750% 04/15/08 04116/2007 Rate 2.875 Payable 04/15/2007 On 10000.00 Par 287.50 Symbol. 3134A2DT2 287.50 FNMA 5.000`% 04/15/IS 04/16/2007 Rate 2.5 Payable 04/15/2007 On 8000.00 Par 200.00 Symbol: 31359MA45 200.00 U S Treasury Note 4.000% 09/30/07 04/02/2007 Rate 2 Payable 03/31/2007 On 10000.00 Par 200.00 Symbol: 912828EH9 200.00 I~owe's Cornpanies Inc 5.000"/~, 10/15/15 04/16/2007 Rate 2 5 Payable 04/15/2007 On 5000.00 Par 125.00 Symbol: 548661 CH8 125.00 H~BC Finance Corp 5.250°/~ 04/IS/l5 04!16/2007 Rate 2.625 Payable 04/15/2007 On 5000.00 Par 131.25 Symbol: 40429CCR1 STC 74 EBR2EFl ~ngs from Investments 'age 8 • April 01, 2007 ril 30, 2007 • Account Name : Tequesta General Employees Pension Account No :80105025 Earnings From Investments Interest 131.25 FHLB Series 580 4.125%~ 10/19%07 04/19/2007 Rate 2.0625 Payable 04/19/2007 On 10000.00 Par 206.25 Symbol: 3133XDC02 206.25 LI S "Treasury Note 4.250% 10/151:10 04/16/2007 Rate 2.125 Payable 04/15/2007 On 15000.00 Par 318.75 Symbo1:912828EJ5 318.75 Gannett Co 6.375"/„ 04/01/1.2 04!02/2007 Rate 3.1875 Payable 04/01/2007 On 5000.00 Par 159.38 Symbol: 364725AC5 159.38 CSX Corp 6.250% 10/15/08 04/16/2007 Rate 3.125 Payable 04/15/2007 On 5000.00 Par 156.25 Symbol: 126408BR3 156.25 lleutsche Bank Financial 7.500",% 04/25/09 04/25/2007 Rate 3.75 Payable 04/25/2007 On 6000.00 Par 225.00 Symbol: 251529AF0 225.00 FHLMC Gold fool #C90939 5.500'% 12/01/25 04116/2007 Rate 0.45833333 Payable 04/15/2007 On 133x3.34 Par 61.16 Symbol, 3128P7BG7 61.16 FNMA Pass Thru Pool #884093 6.000% 05/01/36 04/26/2007 Rate 0.5 Payable 04/25/2007 On 13973.35 Par 69.87 Symbol: 31410BGA6 STC 74 EBR2EFl-Earnings from Investments Page 9 • April 01, 2007 To~l 30, 2007 • Account Name : Tequesta General Employees Pension Account No :80105025 Earnings From Investments Interest 69.87 FIILMC Gold Pool #C90978 6.000"~ 07/01/26 04!16/2007 Rate 0 5 Payable 04/15/2007 On 14007.49 Par 70.04 Symbol. 3128P7CP6 70.04 U S Treasury Note 4.625% 10/31/11 04/30/2007 Rate 2.3125 Payable 04/30/2007 On 10000.00 Par 231.25 Symbol: 912828FW5 231.25 FNMA 5.000°/a 10/15/I1 04/16/2007 Rate 2.5 Payable 04/15/2007 On 10000.00 Par 244.44 Symbol: 31359MZ30 244.44 U S "Treasury Bill 04/12/07 04/12!2007 J9.73 Symbol: 912795ZB0 59.73 Lid Lease Finance Corp 5.000% U4/15/lU 04/16/2007 Rate 2.5 Payable 04/15/2007 On 5000.00 Par 125.00 Symbol. 459745FP5 125.00 U S Treasury Note 4.625'% 02/15/17 04/24/2007 Accrued Interest On Purchase -130.32 Symbol: 912828GH7 -130.32 U S Treasury Bill 05/10/07 04/24/2007 Rate 0 Payable 04/23/2007 On 15000.00 Par 24.91 Symbo1:912795ZF1 STC 74 EBR2EF1 ings from Investments qe 10 April 01, 200 ril 30, 2007 Account Name : Te uesta General Em to ees Pension 4 p Y • Account No :80105025 Earnings From Investments Interest 24.91 Total Interest 2,998.55 STC 74 EBR2EFl-Earnings from Investments Page 11 • Account Name : Tequesta General Employees Pension April 01, 2007 To~l 30, 2007 Account No :80105025 Earnings From Investrx~ents Dividends Altria Group Inc 04110/2007 90 Shares AI 0.86 Per Share 77 40 Symbol. 02209S103 77.40 Bear Stearns Co Inc 04127,'2007 66 Shares At 0.32 Per Share 21.12 Symbol: 073902108 21.12 Burlington Northern Santa Fe Corp 04102/2007 90 Shares At 0.25 Per Share 22.50 Symbol: 121897104 22.50 Hartford rinancial Svcs Grp 04I02I2007 102 Shares At 0.5 Per Share 51-00 Symbol: 416515104 51.00 .7P Morgan Chase & Co 04/3012007 192 Shares At 0,34 Per Share 65.28 Symbo1:46625H100 65.28 Kimberly-Clark Corp 04/03/2007 120 Shares At 0.53 Per Share 63-60 Symbol: 494368103 63.60 Leggett & Platt Inc 04!1312007 230 Shares At 0.17 Per Share 39.10 Symbol, 524660107 39.10 STC 74 EBR2EF pings from Investments 'ge 12 Account Name : Te uesta General Em to ees Pension 4 P Y Earnings From Investments Dividends April 01, 200 ;ril 30, 2007 • Account No :80105025 McKesson HBOC Inc 04/02/2007 140 Shares At 0.06 Per Share Symbol: 58155Q103 a 40 8.40 Men's Wearhouse Inc 04/02/2007 160 Shares At 0.05 Per Share Symbol: 587118100 8.00 8.00 PPL Corp 04/02;2007 250 Shares At 0.305 Per Share Symbol: 693517106 76.25 76.25 Sempra Energy 04/16/2007 160 Shares At 0.31 Per Share Symboi: 816851109 49.60 49.60 TALX Corp 04/09/2007 270 Shares At 0,05 Per Share Symbol: 874918105 13.50 13.50 PTO Energy Inc 04113/2007 130 Shares At 0.12 Per Share Symbol 98385X106 Total Dividend 15.60 15.60 511.35 STC 74 EBR2EFl-Earnings from Investments Page 13 • April 01, 2007 To~l 30, 2007 • Account Name : Tequesta General Employees Pension Earnings Fr®m Investments fooled ~~ «t,as Account No :80105025 No Data Qualifies Total Earnings Paid 3,509.90 STC 74 EBR2EF sings from Investments vge 14 • April 01, 200 ..ril 30, 2007 Account Name : Tequesta General Employees Pension Earnings From Investments Accrued Income -Interest • Account No :80105025 SLM Corp Series MTN 5.125% 08/27/12 5000 Par Value At 0.05125 Par 44 84 Symbol, 78442FAB4 Intl Lease Finance Corp 5.000% 04/15/10 5000 Par Value At 0.05 Par 10.42 Symbol: 459745FP5 U S Treasury Note 4.625°G 02/15/17 15000 Par Value At 0.04625 Par 141.82 Symbol: 912828GH7 Washington Mutual Inc 5.500% 08/24111 5000 Par Value At 005500082 Par 50.42 Symbol: 939322AX 1 FNMA 5.000% 10/15/11 10000 Par Value At 0.05 Par 20.83 Symbol: 31359MZ30 Home Depot Inc 5.400% 03/01/16 5000 Par Value At 0.054 Par 44.25 Symbol: 437076AP7 Wachov~a Bank NA 5.600% 03/15!16 5000 Par Value At 0.056 Par 3J p0 Symbol: 92976GAE 1 FHLMC Gold Pool #C90939 5.500% 12/01/25 13169.11 Par Value At 0.055 Par 58.35 Symbol: 3128P7BG7 STC 74 EBR2AEl-Accrued Earnings Page 15 • Account Name : Tequesta General Employees Pension Earnings From Investments Accrued Income - [merest April 01, 2007 To~ 30, 2007 • Account No :80105025 U S Treasury Note 5.125% 05/15/16 5000 Par Value At 0.05125 Par 117.51 Symbol: 912828FF2 FHLMC Gold Pool #C90978 6.000% 07/01/26 13850,87 Par Value At 0.06 Par 66.95 Symbol: 3128P7CP6 FNMA 5.375% 08/15/09 10000 Par Value At 0.05375 Par 111.98 Symbol: 31359MU68 FNMA 4,750°/~ 12/15!10 5000 Par Value At 0.0475 Par gg Og Symbol: 31359MZL0 Lehman Brothers Hldgs MTN 5.000%01/14/11 5000 Par Value At 0.05 Par 73 61 Syrnbol: 52517PD57 FNMA 5.000% 04/15/15 8000 Par Value At 0.05 Par 16.87 Symbol 31359MA45 U S Treasury Note 4.125% 08/15/08 20000 Par Value At 0.04125 Par 168.65 Symbol. 912828EC0 U S Treasury Note 4.250% 08/15/15 5000 Par Value At 0.0425 Par 43.44 Syrnbol: 912828EE6 STC 74 EBR2AE ued Earnings 7e 16 • Account Name : Tequesta General Employees Pension Earnings From Investments Accrued Income -Interest April 01, 200 ,ril 30, 2007 • Account No :80105025 Avon Products 4.625% 05/15/13 5000 Par Value At 0.04625 Par 105 99 Symbol: 054303AQ5 FHLMC 5.750% 03/15/09 10000 Par Value At 0.0575 Par 71.88 Symbol: 3134A3EM4 U S Treasury Note 4.000% 09/30/07 10000 Par Value At 0.04 Par 82.79 Symbol. 912828EH9 Lowe's Companies Inc 5.000 ~° 10/15/15 5000 Par Value At 0 05 Par 10 42 Symbol. 548661 CH8 HSBC Finance Corp 5.250°i° 04/15/15 5000 Par Value At 0.0525 Par 10,94 Symbol. 40429CCR1 U S Treasury Note 4.250% 10/15/10 15000 Par Value At 0.0425 Par 26 13 Symbol: 912828EJ5 Capital One Bank 5.750% 09/15/10 5000 Par Value At 0.0575 Par 35.94 Symbol. 14040EHH8 CIT Group Inc. Series MTN 4 750% 08/15/08 5000 Par Value At 0.0475 Par 49.48 Symbol: 125577AQ9 STC 74 EBR2AEl-Accrued Earnings Page 17 • April 01, 2007 To~l 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Earnings From Investments Accrued Income -Interest Gannett Co 6.375% 04/01/12 5000 Par Value At 0.06375 Par 25.68 Symbol: 364725AC5 CSX Corp 6.250°,/0 10/15/08 5000 Par Value At 0.0625 Par 13.02 Symbol: 126408883 Kohls Corporation 6.300%03/01/11 5000 Par Value At 0.063 Par 51.63 Symbol: 500255AM6 Target Corp 5.375% 06!15/09 5000 Par Value At 0.05375 Par 100.78 Symbol: 87612EAJ5 Carolina Power & Light 6.800% 08/15/07 5000 Par Value At 0.068 Par 70.83 Symbol: 144141 CH9 FHLMC 4.875'/° 11/15/13 5000 Par Value At 0.04875 Par 111.72 Symbol: 3134A4UK8 FHLMC 5.750% 04/15/08 10000 Par Value At 0.0575 Par 23.96 Symbol: 3134A2DT2 Countrywide Home Loan 5.625°0 07115/09 5000 Par Value At 0.05625 Par 82.03 Symbol: 22237LMY5 STC 74 EBR2AE -ued Earnings qe 18 • April 01, Z00~ ; it 30, 2007 Account Name : Tequesta General Employees Pension Earnings From Investments Accrued Income -Interest • Account No :80105025 Bank One Corp 5-900% 11/15/11 5000 Par Value At 0.059 Par 135.21 Symbol: 06423AAQ6 Goldman Sachs Group Inc 5.250% 10/15/13 5000 Par Value At 0.0525 Par 10.94 Symbol: 38141 GDQ4 U S Treasury Note 4.250% 08/15/13 10000 Par Value At 0.0425 Par gg gg Symbol: 912828BH2 FNMA 5.500% 03/15/11 7000 Par Value At 0.055 Par 48.13 Symbol: 31359MHK2 FHLMC 4.500%01/15/13 3000 Par Value At 0.045 Par 39.3g Symbol 3134A4SA3 FNMA 5-250% 01/15/09 10000 Par Value At 0.0525 Par 153.13 Symbol 31359MEK5 U S Treasury Note 5.500% 05/15/09 10000 Par Value At 0.055 Par 252.21 Symbol: 912827563 Federated Treasury Obligations Fund 49756.13 Par Value At 0-0477 Par 159 19 Symbo1:60934N872 STC 74 EBR2AE1-Accrued Earnings Page 19 • A ril 01, 2007 To it 30 2007 • P ~ , Account Name : Tequesta General Employees Pension Earnings From investments Accrued Income -Interest Account No :80105025 Deutsche Bank Financial 7.500% 04/25/09 6000 Par Value At 0.075 Par 6 25 Symbol: 251529AF0 FHLB Series 580 4.125°io 10/19/07 10000 Par Value At 0,04125 Par 12.60 Symbol: 3133XDCQ2 FNMA Pass Thru Pool #884093 6.000% 05;01/36 13792.73 Par Value At 0.06 Par 66.66 Symbol: 31410BGA6 .9 ccrued Income -Interest 2,887.60 STC 74 EBR2AE -ued Earnings ge 20 • April 01, 2007• ,il 30, 2007 Account Name : Tequesta General Employees Pension 130 Shares At 0.3 Per Share 39.00 Earnings From Investments Accrued Income -Dividends Caterpillar Inc Symbol: 149123101 Verizon Communications Inc 240 Shares At 0.405 Per Share 72 90 AT&T Inc General Mills Inc Symbol: 92343V104 230 Shares At 0.355 Per Share 71.00 Symbol: 002068102 • Account No :80105025 160 Shares At 0.37 Per Share 53.65 Symbol: 370334104 Accrued Income -Dividends Total Accrued Income 3.124.15 236.55 STC 74 EBR2AEl-Accrued Earnings Page 21 • Account Name : Tequesta General Employees Pension April 01, 2007 To~l 30, 2007 • Account No :80105025 balance Sheet Cash And Receivables Cash Due From Broker Accrued Income Total Cash .9nd Receivables Cash Equivalents Money Market Funds Total Cash Equivalents Fixed Income U S Government & Agencies Corporate Obligations Govt MBSrCMO/ABS Total Fr/~ed Luome Equity Egwty Equity Mutual Funds Total Equity Total Holdings TOT,AG .9SSETS 1'ayables Due To Broker Total Payables TOT,9L LIAf3ILLTIES Tota[ ]Vet A.isel F'alue. Total Liabilities ;1 nd Equity As Of 04/OU2007 As Of 04/30/2007 Cost Value Market Value Cost Value Market Value 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4,728.95 4,728.95 3,124.15 3,124 15 4,728.95 4,728.95 3,124.15 3,124.15 32,046.21 32,046.21 49,756.13 49,756.13 32,046.21 32,046.21 49,756.13 49,756.13 188,316.29 188,220.03 188,352.00 188.337.55 102,613.83 101,371.44 102,613.83 101,171.99 40,772.57 41,542.52 40,268.14 41,032.19 331,702.69 331,133.99 331,233.97 330,541.73 450,947.00 530,663.58 461,749.92 557,393.34 9,274.17 10,992.26 9,274.17 11,101.64 460,221.17 541,655.84 471,024.09 568,494.98 823,970.07 904,836.04 852,014.19 948,792.84 828,699.02 909,564.99 855,138.34 951,916.99 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 o.oo o.oo o.oo o.oo 828,699.02 909,564.99 855,138.34 951,916.99 828,699.02 909,564.99 855,138.34 951,916.99 STC 74 EBR28L once Sheet ge 22 • Account Name : Tequesta General Employees Pension April 01, 200• ,aril 30, 2007 Investment Summary Beginning Ending Investment Of Period Of Period Change Cash Equivalents Cash Money Market Funds Total Cash Equivalents Fixed Income U S Government & Agencies Corporate Obligations Govt MBS/CMO/ABS Total Fixed Income. Equity Equity Equity Mutual Funds Total Equity Changes In Investment -Other Total Changes In Investment -Other Realised Gain/Loss On Sales Proceeds Less: Aggregate Carry Value (Market Value) Net Period Accruals Accrued Income Accrued Income Less. Prior Accrued Income Total Accrued Income Investment Summary Tota! Total Changes In Nel Assets STC 74 EBR2S01-Investment Summary 0 .00 0.00 32,046 21 49,756.13 32,046 .21 49,756.13 0 .00 188,220. 03 188,337.55 122. 79 101,371. 44 101,171.99 -199. 45 41,542. 52 41.032.19 3. 66 331,133. 99 330,541.73 -73. 00 530,663, 58 557,393.34 22,685. 53 10,992. 26 11.101.64 109. 38 541,655. 84 568,494.98 22,794. 91 1,499.45 167.438.99 164,099.90 • Account No :80105025 0.00 0.00 3, 339.09 4,728.95 3,124.15 3.124.15 4, 728.95 4,728.95 3,124.15 -1,604.80 $ 909,564.99 $ 951,916.99 $ 25,955.65 Page 23 • April 01, 2007 Toni ril 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Summary of Receipts 1.1 Contributions Employer Contributions Employee Conlribubons Other Contributions Iota[ Earnings From Investments 1.2 Interest 1.3 Dividends 1.4 Pooled Funds "Iota! Torn! Receipts Summary of ®isbursements 9,196.41 5, 704.97 0.00 14,901.38 2,998.55 511.35 0.00 3,509.90 $ 18,411.28 2.1 Distribution Of Benefits Tnta! 2.2 Other Distributions "Iota! 2.3 Administration Expenses Fees And Commissions Tota! 2.4 Other Expenses Total Total Disbcn~sements 0.00 o.oo 515.48 -515.48 0.00 -515.48 STC 74 EBRZS~ mmary of Receipts age 14 • April 01, 200# ,aril 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Contributions Employer Contribution 04/09/2007 Employer Contribution 4,568.16 For payroll period ending 03/31/07 04;23/2007 Employer Contribution q g2g.2J For payroll period ending 04/14/07 Total Employer Contribution 9,196.41 Employee Contributions 04/09/2007 Employee Contributions 2,833-85 For payroll period ending 03;31/07 04/23/2007 Employee Contributions 2 871 12 For payroll period ending 04/14/07 Total Employee Conlribufinn~s 5,704.97 Tola! Cash Conb~ibulions 14,901.38 S TC 74 EBR2COR-Contributions 8 Other Receipts Page 25 • April 01, 2007 To~,. 130, 2007 Account Name : Tequesta General Employees Pension Account No :80105025 ®ther Receipts No Data Qualifies STC 74 EBR2CC ntributions 8 Other Receipts ,ge 26 • Account Name : Tequesta General Employees Pension Distribution Of Benefits April 01, 20~ ,aril 30, 2007 No Data Qualifies • Account No :80105025 STC 74 EBR2DAE-Distribution 8 Expenses Page 27 • April 01, 2007 To'~i ril 30, 2007 • Account Name : Tequesta General Employees Pension ®ther ®isbursements Account No :80105025 No Data Qualifies STC 74 EBR2D! aribution 8 Expenses age 28 • April 01, 200• iril 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Administrative Expenses }Fees .And Commissions 04109!2007 To Activity Salem Trust Company 04/09/2007 To Activity Salem Trust Company 04/09/2007 To : Market Salem Trust Company Based On The Market Value Of :904,836.04 Tota Fees And Commissions Tota! Administrative Expenses STC 74 EBR2DAE-Distribution & Expenses 380.00 45.00 90.48 -515.48 -515.48 Page 29 • April 01, 2007 Toil 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 ®ther Expenses No Data Qualifies STC 74 EBR2DA~ 'ribution 8 Expenses 7e 30 • Account Name : April 01, 200• ,aril 30, 2007 Tequesta General Employees Pension • Account No :80105025 Transactions Date. Description Income Principal * * '` Starting Balances $ 0.00 $ 0.00 04/02/2007 Dividend Payable On 04/02/2007 22.50 Burlington Northern Santa Fe Corp 90 Shares At 0.25 04/0212007 Dividend Payable On 04/02/2007 51.00 Hartford Financial Svcs Grp 102 Shares At 0.50 04/02/2007 Dividend Payable On 04/02/2007 8.40 McKesson HBOC Inc 140 Shares At 0.06 04/02/2007 Dividend Payable On 04/01/2007 76.25 PPL Corp 250 Shares At 0.305 04/02/2007 Interest U S Treasury Note 4.000% 09/30/07 200.00 Payable On 03/31/2007 Received On 10000 Units 04/02/2007 Interest Gannett Co 6.375% 04/01/12 159.38 Payable On 04/01/2007 Received On 5000 Units 04/02/2007 Dividend Payable On 03/30/2007 8.00 Men's Wearhouse Inc 160 Shares At 0.05. STC 74 LARGE FONT -Transactions (1 col) - NEWTRNH Page 31 • April 01, 2007 Toil 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Transactions Date Description Income Principal 04/02/2007 Interest 101.84 Federated Treasury Obligations Fund Payable On 03/31/2007 04/03/2007 Dividend 63.60 Payable On 04/03/2007 Kimberly-Clark Corp 120 Shares At 0.53 04;06/2007 Spinoff -Adjust Book Value Of -1,499.45 Altria Group Inc New Book Value is 4,790.18 Per stock distribution effective 04/02/07 04/06/2007 Spinoff -Adjust Cost on Taxlots Of -1,499.45 Altria Group Inc New Tax Cost Is 4,790.18 Per stock distribution effective 04/02/07 04/06/2007 Spinoff -Free Receipt 62.282 Units Kraft Foods Inc A Per stock distribution effective 04/02/07 04/09/2007 Dividend 13.50 Payable On 04/06/2007 TALX Corp 270 Shares At 0.05 04109/2007 Activity Fee -380.00 Schedule: STC 104 - $10 Security/$3 Rec Per Pymt 04/09/2007 Activity Fee -45.00 Schedule: STC 129 - $15 Professional Fees 04/09/2007 Market Value Fee Based On A -90.48 Market Value: 904,836.04 STC 74 LARGE f • Transactions (2 colt - NEWTRNH ~e 32 April 01, 200 ;il 30, 2007 • Account Name : Tequesta General Employees Pension Account No :80105025 Transactions llate Description income Principal 04/09/2007 Scheduled Cash Deposit 4.568.16 Employer Contribution Received From :Village of Tequesta For payroll period ending 03/31/07 04/09/2007 Scheduled Cash Deposit 2,833.85 Employee Contributions Received From :Village of Tequesta For payroll period ending 03/31/07 04/10/2007 Dividend 77.40 Payable On 04/10/2007 Altria Group Inc 90 Shares At 0.86 04/10/2007 Purchased On 04/0412007 15 Units -1,040.40 Kimberly-Clark Corp 15 Units At $ 69.31 Per Unit Through Lynch Jones & Ryan 04/10/2007 Purchased On 04!04/2007 380 Units _g y36 39 Limited Brands 380 Units At $ 26.0984 Per Unit Through Lynch Jones & Ryan 04;10/2007 Purchased On 04/04!2007 90 Units -8 760 85 Lockheed Martin Corp 90 Units At $ 97.2928 Per Unit Through Lynch Jones & Ryan 04/10/2007 Purchased On 04/04/2007 30 Units -1,628.81 Wachovia Corp 30 Units At $ 54.2436 Per Unit Through Lynch Jones & Ryan 04/10/2007 Purchased On 04/04/2007 460 Units -8 937 80 Intel Corp 460 Units At $ 19.38 Per Unit Through Lynch Jones & Ryan S TC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 33 • Aprit 01, 2007 To ~ 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 ~~~A LSS~CtIOIIS Date Description Licome Principal 04/10/2007 Purchased On 04/04/2007 25 Units Johnson Controls Inc 2 414 71 25 Units At $ 96.5382 Per Unit Through Lynch Jones & Ryan 04/10/2007 Purchased On 04/04/2007 120 Units Praxair Inc -7,605.71 120 Units At $ 63.3309 Per Unit Through Lynch Jones & Ryan 04/1012007 Purchased On 04/04/2007 150 Units SAFECO Corp -9,826.13 150 Units At $ 65.4575 Per Unit Through Lynch Jones & Ryan 04/10/2007 Purchased On 04/04/2007 60 Units Verizon Communications Inc -2,275.12 60 Units At $ 37.8687 Per Unit Through Lynch Jones & Ryan 04/10/2007 Purchased On 04/04/2007 18 Units PPG Industries Inc -1,283.58 18 Units At $ 71.26 Per Unit Through Lynch Jones ~ Ryan 04/10/2007 Purchased On 04/04/2007 120 Units Penney (JC) Co Inc -10,010.50 120 Units At $ 83.3708 Per Unit Through Lynch Jones & Ryan 04/10/2007 Purchased On 04/04/2007 115 Units Pfizer Inc -2,965.85 115 Units At $ 25.74 Per Unit Through Lynch Jones & Ryan 04!1012007 Purchased On 04/04/2007 150 Units Amgen Inc -8,501.25 150 Units At $ 56.625 Per Unit Through Lynch Jones & Ryan STC 74 LARGE F Transactions (2 colt - NEWTRNH le 34 A April 01, 2007• ,aril 30, 2007 ccount me : Tequesta General Employees Pension Account No :80105025 Transactions Date Description Income Principal 04/10/2007 Purchased On 04/04/2007 80 Units -1,488.00 Applied Materials Inc 80 Units At $ 18.55 Per Unit Through Lynch Jones & Ryan 04/10/2007 Purchased On 04/04/2007 30 Units -1,632.20 Nordstrom Inc 30 Units At $ 54.3568 Per Unit Through Lynch Jones & Ryan 04/10/2007 Purchased On 04/04/2007 165 Units -9 888 0~l Allstate Corp 165 Units At $ 59.8778 Per Unit Through Lynch Jones & Ryan 04/10/2007 Purchased On 04/04/2007 25 Units -1,760.75 Altria Group Inc 25 Units At $ 70.38 Per Unit Through Lynch Jones & Ryan 04/10/2007 Purchased On 04/04/2007 215 Units -9,767.36 American Capital Strategies 215 Units At $ 45.3796 Per Unit Through Lynch Jones 8~ Ryan 04/10/2007 Purchased On 04/04/2007 110 Units -8,465.56 Exxon Mobil Corp 110 Units At $ 76.9096 Per Unit Through Lynch Jones & Ryan 04/10/2007 Purchased On 04/04/2007 15 Units General Mills Inc -880.01 15 Units At $ 58.6174 Per Unit Through Lynch Jones & Ryan 04/10/2007 Purchased On 04/04/2007 30 Units AT&T Inc -1,184.40 30 Units At $ 39.43 Per Unit Through Lynch Jones & Ryan STC 74 LARGE FON T -Transactions (2 col) - NEWTRNH Page 35 April 01, 2007 To~ril 30, 2007 Account Name : Tequesta General Employees Pension Account No :80105025 °Transactions Date Description Income Principal 04/10/2007 Purchased On 04/04/2007 420 Units -9,057.26 Cadence Design Sys Inc 420 Units At $ 21.5149 Per Unit Through Lynch Jones & Ryan 04/10/2007 Purchased On 04/04/2007 36 Units -2 428 92 Caterpillar Inc 36 Units At $ 67.42 Per Unit Through Lynch Jones & Ryan 04/10/2007 Purchased On 04/04/2007 350 Units -9,156.00 Cisco Systems Inc 350 Units At $ 26.1 1 Per Unit Through Lynch Jones & Ryan 04/10/2007 Purchased On 04/04/2007 10 Units -1,508.50 Bear Stearns Co Inc 10 Units At $ 150.80 Per Unit Through Lynch Jones & Ryan 04/1012007 Purchased On 04!04/2007 40 Units -3,163.87 Becton Dickinson & Co 40 Units At $ 79.0467 Per Unit Through Lynch Jones & Ryan 04!10/2007 Purchased On 04/04/2007 20 Units -1,636.00 Burlington Northern Santa Fe Corp 20 Units At $ 81.75 Per Unit Through Lynch Jones & Ryan 04/10/2007 Sold On 04/04/2007 118 Units 9,415.47 Morgan Stanley 1 18 Units At $ 79.8434 Through Lynch Jones & Ryan 04/10/2007 Sold On 04/04/2007 340 Units 6,687.93 Complete Production Services 340 Units At $ 19.7207 Through Lynch Jones & Ryan STC 74 LARGE -- Transactions (2 col) - NEWTRNH age 36 • April 01, 2007 ,aril 30, 2007 Account Name : Tequesta General Employees Pension Account No :80105025 Transactions Date Description Income Principal 04!10/2007 Sold On 04/04/2007 230 Units 5,255.76 Leggett & Platt Inc 230 Units At $ 22.9015 Through Lynch Jones & Ryan 04/10/2007 Sold On 04/04/2007 92 Units 3,945.92 Quanex Corp 92 Units At $ 42.9412 Through Lynch Jones & Ryan 04/10/2007 Sold On 04/04/2007 160 Units 7,551.96 Men's Wearhouse Inc 160 Units At $ 47.2505 Through Lynch Jones & Ryan 04/10/2007 Sold On 04/04!2007 190 Units 6,274.94 PW Eagle Inc 190 Units At $ 33.0765 Through Lynch Jones & Ryan 04/10/2007 Sold On 04/04/2007 180 Units 6,424.33 Capital Bancorp Ltd 180 Units At $ 35.7413 Through Lynch Jones 8 Ryan 04/10/2007 Sold On 04/04/2007 332 Units 9.498.37 Global Imaging Systems Inc 332 Units At $ 28.66 Through Lynch Jones & Ryan 04/10/2007 Sold On 04/04/2007 188 Units 7,156.00 Jarden Corp 188 Units At $ 38.1144 Through Lynch Jones & Ryan 04/10/2007 Sold On 04/04/2007 160 Units 5,082.00 Komag Inc 160 Units At $ 31.813 Through Lynch Jones & Ryan STC 74 LARGE FONT • Transactions (2 col) - NEWTRNH Page 37 April 01, 2007 Toil 30, 2007 • Account Name : Tequesta General Employees Pension Account No :80105025 T'ransaetions Date Description Income Principal 04/1012007 Sold On 04/04/2007 300 Units 9,911 33 Apria Healthcare Group Inc 300 Units At $ 33.0883 Through Lynch Jones & Ryan 04/10/2007 Sold On 04!04/2007 240 Units 8,381.10 Diodes Inc 240 Units At $ 34.9718 Through Lynch Jones & Ryan 04!10/2007 Sold On 04/04/2007 206 Units 7,396.60 Gardner Denver Machy Inc 206 Units At $ 35.9564 Through Lynch Jones & Ryan 04/10/2007 Sold On 04!04/2007 270 Units 8,983.44 TALX Corp 270 Units At $ 33.3225 Through Lynch Jones & Ryan 04/1012007 Sold On 04/04/2007 180 Units 7,378.76 Gymboree Corp 180 Units At $ 41.0438 Through Lynch Jones & Ryan 04/10/2007 Sold On 04/04/2007 40 Units 1,691.05 PPL Corp 40 Units At $ 42.3269 Through Lynch Jones & Ryan 04/10/2007 Sold On 04/04/2007 280 Units 9,473.96 Wabtec 280 Units At $ 33.8861 Through Lynch Jones & Ryan 04/10!2007 Sold On 04/04/2007 352 Units 9,041.82 Selective Insurance Group 352 Units At $ 25.7374 Through Lynch Jones 8~ Ryan STC 74 LARGE ' -Transactions (2 col) - NEWTRNH ge 38 April 01, 2007• ,ril 30, 2007 Account Name : Tequesta General Employees Pension Account No :80105025 Transactions Date Description Income Principal 04/10/2007 Sold On 04/04/2007 170 Units 6,982.71 Sierra Health Services 170 Units At $ 41.1254 Through Lynch Jones & Ryan 04/12/2007 Maturity 04/12/2007 On 15,000.00 Units 14,940.27 U S Treasury Bill 04/12/07 04/12/2007 Maturity -Interest 04/12!2007 On 15000 Units 59 73 U S Treasury Bill 04/12/07 04%12/2007 Purchased On 04/11/2007 15000 Units -14.942.89 U S Treasury Bill 05/10/07 15000 Units At $ 99.619277 Per Unit Through First Tennessee Bank Natl Assn 04/13/2007 Dividend 39.10 Payable On 04/13/2007 Leggett & Platt Inc 230 Shares At 0.17 04/13/2007 Dividend 15.60 Payable On 04!13/2007 XTO Energy Inc 130 Shares At 0.12 04/16; 2007 Interest 131.25 Goldman Sachs Group Inc 5.250% 10/15/13 Payable On 04/15/2007 Received On 5000 Units 04/16/2007 Dividend 49.60 Payable On 04/15/2007 Sempra Energy 160 Shares At 0.31 S 1 L 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 39 . April 01, 2007 Toil 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Transactions Date Description Incorne Principal 04/16/2007 Interest 287.50 FHLMC 5.750% 04/15/08 Payable On 04/15/2007 Received On 10000 Units 04/16/2007 Interest 200.00 FNMA 5.000% 04/15/15 Payable On 04/15/2007 Received On 8000 Units 04/16!2007 Interest 125.00 Lowe's Companies Inc 5.000% 10/15/15 Payable On 04/15/2007 Received On 5000 Units 04/1612007 Interest 131.25 HSBC Finance Corp 5.250% 04/15/15 Payable On 04/15/2007 Received On 5000 Units 04/16/2007 Interest 318.75 U S Treasury Note 4.250% 10/15/10 Payable On 04/15/2007 Received On 15000 Units 04116/2007 Interest 156.25 CSX Corp 6.250% 10/15/08 Payable On 04/15/2007 Received On 5000 Units 04/ 16/2007 Interest 244.44 FNMA 5.000% 10/15/11 Payable On 04/15/2007 Received On 10000 Units STC 74 LARGE -Transactions (2 col) - NEWTRNH age 40 • Account Name : April 01, 2007 .ril 30, 2007 Tequesta General Employees Pension Account No :80105025 Transactions llate Description Income Principal 04/16/2007 Interest Intl Lease Finance Corp 5.000% 04/15/10 125.00 Payable On 04/15/2007 Received On 5000 Units 04/16/2007 Mortgage Backed -Other Pass Through Principal On 04/15/2007 174.23 FHLMC Gold Pool #C90939 5.500% 12/01/25 04/16/2007 Mortgage Backed -Other Pass Through Interest FHLMC Gold Pool #C90939 5.500% 12/01/25 61.16 Payable On 04/15/2007 Received On 13343.34 Units Principal Balance Reduction of 174.230000 04/16/2007 Mortgage Backed -Other Pass Through Principal On 04/15/2007 156.62 FHLMC Gold Pool #C90978 6.000% 07/01/26 04/16/2007 Mortgage Backed -Other Pass Through Interest FHLMC Gold Pool #C90978 6.000% 07/01/26 70.04 Payable On 04/15/2007 Received On 14007.49 Units Principal Balance Reduction of 156.620000 04i 19/2007 Interest FHLB Series 580 4.125% 10/19/07 206.25 Payable On 04/19/2007 Received On 10000 Units 04/23/2007 Scheduled Cash Deposit Employer Contribution 4.628.25 Received From :Village of Tequesta For payroll period ending 04/14/07 STC 74 LARGE FONT -Transactions (1 col) - NEWTRNH Page 41 April 01, 2007 Toil 30, 2007 Account Name :Tequesta General Employees Pension • Account No :80105025 Transactions Date Description 04/23/2007 Scheduled Cash Deposit Employee Contributions Received From :Village of Tequesta For payroll period ending 04/14/07 04/24/2007 Sold On 04/23/2007 15000 Units U S Treasury Bill 05/10/07 15000 Units At $ 99.785333 Through Zions Banks Capital Market Group 04/24/2007 Sell -Interest U S Treasury Bill 05/10/07 Payable On 04/23/2007 Received On 15000 Units 04/24/2007 Purchased On 04/23/2007 15000 Units U S Treasury Note 4.625% 02/15/17 5581.395349 Units At $ 99.83984 Per Unit 1046.511628 Units At $ 99.83984 Per Unit 3139.534884 Units At $ 99.83984 Per Unit 5232.55814 Units At $ 99.83984 Per Unit Through Morgan Stanley & Co., Inc. 04/24/2007 Purchase Accrued Interest U S Treasury Note 4.625% 02/15/17 To 04/24/2007 04/25/2007 Interest Deutsche Bank Financial 7.500% 04/25/09 Payable On 04/25/2007 Received On 6000 Units 04/26/2007 Mortgage Backed -Other Pass Through Principal On 04/25/2007 FNMA Pass Thru Pool #884093 6.000% 05/01/36 STC 74 LARGE --Transactions (2 col) - NEWTRNH Income Principal 2,871.12 14,942.89 24.91 -14,975.98 -130.32 225.00 180.62 age 42 ~ April 01, 2007 ;il 30, 2007 • Account f e : Tequesta General Employees Pension Account No :80105025 Transactions Date Description Income Principal 04/26/2007 Mortgage Backed -Other Pass Through Interest 69.87 FNMA Pass Thru Pool #884093 6.000% 05/01/36 Payable On 04/25/2007 Received On 13973.35 Units Principal Balance Reduction of 180.620000 04/27/2007 Dividend 21.12 Payable On 04/27/2007 Bear Stearns Co Inc 66 Shares At 0.32 04127/2007 Sold On 04!02/2007 0.282 Units 8.93 Kraft Foods Inc A 0.282 Units At $ 31.677378 Received cash in lieu of Kraft Foods fractional shares 04/3012007 Dividend 65.28 Payable On 04/30/2007 JP Morgan Chase & Co 192 Shares At 0.34 04/30/2007 Interest 231.25 U S Treasury Note 4.625% 10/31/11 Payable On 04/30/2007 Received On 10000 Units Short Term Investment Summary 04/01/2007 To 04/30/2007 12 Purchase(s) For 0.00 -18,211.90 1 Sale(s) For 0.00 501.98 * * * Erutr.ng Balulices * * * $ 0.00 $ 0.00 STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 43 • Account Name : Tequesta General Employees Pension April 01, 2007 To~l 30, 2007 • Account No :80105025 Gain (Loss) On Sale Of Assets Prior Period Ending Market Value Proceeds Gainl(Loss1 (Aggregate Cost Basis) Apria Healthcare Group Inc 9,675.00 9,911.33 236.33 Sold "300 Shares At 33.09 Per Share, Less Expenses Trade Date :04/04/2007 Settlement Date :04/10/2007 Broker: Lynch Jones & Ryan Capital Bancorp Ltd 6,633.00 6,424.33 -208.67 Sold 180 Shares At 35.74 Per Share, Less Expenses Trade Date :04/04/2007 Settlement Date 04/10/2007 Broker: Lynch Jones & Ryan Complete Production Services 6,769.40 6,687.93 -81.47 Sold "340 Shares At 19.72 Per Share, Less Expenses Trade Date :04/04/2007 Settlement Date :04/10/2007 Broker: Lynch Jones & Ryan Diodes Inc 8,364.00 8,381.10 17.10 Sold 240 Shares At 34.97 Per Share, Less Expenses Trade Date :04/04/2007 Settlement Date :04/10/2007 Broker: Lynch Jones & Ryan Federated Treasury Obligations Fund 501.98 501.98 0.00 The Amount Shown Is The Net Of Withdrawls For The Entire Period FHLMC Gold Pool #C90939 5.500°/a 12/01/25 173.51 174.23 0.72 FHLMC Gold Pool #C90978 6.000% 07!01/26 158.52 15f 62 -1.90 FNMA Pass Thru Pool #884093 6.000% 05/01136 181.96 180.62 -1.34 Gardner Denver Machy Inc 7,179.10 7,396.60 217.50 Sold 206 Shares At 35.96 Per Share, Less Expenses Trade Date 04/04/2007 Settlement Date 04/10/2007 Broker: Lynch Jones & Ryan STC 74 ESR2Gt ~n(Lossf on Sale of Asset age qq Account N~ie : Tequesta General Employees Pension Gain (Loss) On Sale Of Assets April 01, 2007 it 30, 2007 • Account No :80105025 Prior Period Ending Market Valuc Proceeds Gain/(Loss) (Aggregate Cost Basis) Global Imaging Systems Inc Sold 332 Shares At 28.66 Per Share, Less Expenses Trade Date :04/04/2007 Settlement Date :04/10/2007 Broker: Lynch Jones & Ryan Gymboree Corp Sold 180 Shares At 41.04 Per Share, Less Expenses Trade Date 04/04!2007 Settlement Dale :04/10/2007 Broker. Lynch Jones & Ryan Jarden Corp Sold 188 Shares At 38.11 Per Share. Less Expenses Trade Date :04/04/2007 Settlement Date :04/10/2007 Broker: Lynch Jones & Ryan Komag Inc Sold 160 Shares At 31.81 Per Share, Less Expenses Trade Date :04/04/2007 Settlement Date :04/1012007 Broker: Lynch Jones & Ryan Kraft Foods Inc A Sold 0.282 Shares At 31.68 Per Share, Less Expenses Trade Date :04/02/2007 Settlement Date :04127/2007 Received cash in lieu of Kraft Foods fractional shares Leggett & Platt Inc Sold 230 Shares At 22.90 Per Share, Less Expenses Trade Date :04/04/2007 Settlement Date : 04!10/2007 Broker: Lynch Jones & Ryan Men's Wearhouse Inc Sold 160 Shares At 47.25 Per Share, Less Expenses Trade Date :04/04/2007 Settlement Date .04/10/2007 Broker. Lynch Jones & Ryan 6,474 00 9,498.37 "i.024 37 7,212.60 7,378.76 166 16 7,200.40 7,156.00 -44 40 5.236.80 5,082.00 -154.80 6.79 8.93 2.14 5,214 10 5.255.76 41.66 7,528.00 7,551.96 23.96 STC 74 EBR2GLS•Gain(Loss) on Sale of Asset Page 45 • Account Name : Tequesta General Employees Pension April 01, 2007 To~l 30, 2007 • Account No :80105025 Gain (L®ss) On Saie Of Assets Prior Period Ending Market Value Proceeds Gain/(Lossj (Aggregate Cost Basis) Morgan Stanley 9,293.68 9,415.47 121.79 Sold 118 Shares At 79.84 Per Share, Less Expenses Trade Date 04;04/2007 Settlement Date :04/10/2007 Broker: Lynch Jones ~ Ryan PPL Corp 1,636.00 1,691 05 55.05 Sold 40 Shares At 42.33 Per Sfiare, Less Expenses Trade Date 04/04/2007 Settlement Date :04/10/2007 Broker: Lynch Jones & Ryan PW Eagle Inc 6,277.60 6,274.94 -2.66 Sold 190 Shares At 33.08 Per Share, Less Expenses Trade Date :04/04/2007 Settlement Date :04(10/2007 Broker, Lynch Jones & Ryan Quanex Corp 3,896.20 3,945.92 .19.72 Sold 92 Shares At 42.94 Per Share, Less Expenses Trade Date 04/04/2007 Settlement Date :04/10/2007 Broker: Lynch Jones & Ryari Selective Insurance Group 8,961.92 9,041.82 79.90 Sold 352 Shares At 25.74 Per Share, Less Expenses Trade Date 04/04/2007 Settlement Date :04/10/2007 Broker: Lynch Jones & Ryan Sierra Health Services 6,998.90 6,982.71 -16.19 Sold 170 Shares At 41.13 Per Share, Less Expenses Trade Date :04104/2007 Settlement Date :04/10/2007 Broker: Lynch Jones & Ryan TALX Corp 8,945.10 8,983.44 38.34 Sold 270 Shares At 33.32 Per Share, Less Expenses Trade Date 04/04/2007 Settlement Date :04/10/2007 Broker Lynch Jones & Ryan U S Treasury Bill 04/12/07 14,981.25 14,940.27 -40.98 Matured Per Value Trade Date 04/12!2007 Settlement Date :04/12/2007 STC 74 EBR2GL 'n(Loss) on Sale of Asset ge 46 Account Name : Tequesta General Employees Pension Gain (Loss) On Sale Of Assets April 01, 200 aril 30, 2007 Prior Period F,nding Market VAlue T'roceeds (Aggregate Cost Basis) Account No :80105025 (Gain/(Loss) U S Treasury Bill 05/10/07 14,942.89 14,942.89 O UO Sold 15000 Par Value At 99.79 Per ,Less Expenses Trade Date 04/23/2007 Settlement Date :04/24/2007 Broker: Zions Banks Capital Market Group Wabtec 9,657.20 9,473.96 -183.24 Sold 280 Shares At 33,89 Per Share, Less Expenses Trade Date :04/04/2007 Settlement Date :04110/2007 Broker: Lynch Jones & Ryan Tnlal Gain (Loss) On Sales 164,099.90 167,438.99 3,339.09 STC 74 EBR2GLS-Gain(Loss) on Sale o/Asset Page 47 • Account Name : Tequesta General Employees Pension April 01, 2007 To ~ 30, 2007 • Account No :80105025 List ®f Assets Prior Period Current Current linrealired Ending Market Value Market Llnit Market Value Crain/(boss) (Aggregate Market Value) Pl'ICe CASH Money ~Tarket Funds Federated Treasury Obligations Fund 49756.13 Par Value Total Money Market Funds Fixed Income U S Government & Agencies FHLB Series 580 10000 Par Value FHLMC 10000 Par Value FHLMC 5000 Par Value FHLMC 10000 Par Value FHLMC 3000 Par Value FNMA 7000 Par Value FNMA 8000 Par Value FNMA 10060 Par Value FNMA 10000 Par Value o.oo o.oo 0 00 o.oo o.oo o.oo 49,756.13 1,00 49.756.13 0.00 49,756.13 49,756.13 0.00 4 .125°% 10/19/2007 9,940 63 0 .994688 9,946.88 6.25 5 .750°,% 03/15/2009 10,159.38 1 .015313 10,153.13 -6.25 4 .875% 11/15/2013 4,989.06 0 .999376 4,996.88 7.82 5 .750% 04/15/2008 10,071.88 1 .005938 10,059.38 -12.50 4 .500% O1/15i2013 2,942_81 0 .981877 '2,945.63 2.82 5 .500% 03/ 15/2011 7,159.69 1 .023126 7,161.88 2.19 5. 000% 04/15/2015 8,030.00 1 .005313 8,042.50 12.50 5. 375% O8I15/2009 10,112.50 1 .011875 10,118.75 6.25 5 000% 10/15/2011 10,059.38 1. 006563 10,065.63 6.25 STC 74 EBR2LC ' ofASSets •ge 48 • April 01, 2007 aril 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 List Of Assets Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Gain/(Loss) (Aggregate ~~larket Value) PrICe FNMA 4.750% 12!15/2010 4,987.50 0.998438 4.992.19 4.69 5000 Par Value FNMA 5.250% O1i15/2009 10.059.38 1.005938 10,059 38 0.00 10000 Par Value U S Treasury Note 5.500% 05/15/2009 10,181.25 1.0175 10,175.00 -6.25 10000 Par Value U S Treasury Note 5.125% 05/15/2016 5,170.31 1,036562 5,182.81 12.50 5000 Par Value U S Treasury Note 4.625% 02/15/2017 14,975.98 0.999375 14.990.63 14.65 15000 Par Value U S Treasury Note 4.250% 10/15/2010 14,868.75 0-992187 14,882.81 14.06 15000 Par Value U S Treasury Note 4.125% 08;15/2008 19,831.25 0.991563 19,831.25 0.00 20000 Par Value U S Treasury Note 4.250% 08/15/2015 4,865.63 0.975312 4,876.56 10.93 5000 Par Value U S Treasury Note 4.250% 08/15/2013 9,828.13 0.985313 9,853.13 25 00 10000 Par Value U S Treasury Note 4.000% 09/30/2007 9,950.00 0.995938 9.959.38 9.38 10000 Par Value U S Treasury Note 4.625% 10/31/2011 10,031.25 1.004375 10,043.75 12.50 10000 Par Value Total U S Government 8 Agencies 188 214 76 Corporate Obligations , . 188,337.55 122.79 Avon Products 4.625% 05/15.2013 4.803.32 0.96241 4,812.05 8.73 5000 Par Value Bank One Corp 5.900% 11/15/2011 5,138.26 1.028112 5,140.56 2.30 5000 Par Value Capital One Bank 5.750% 09/15/2010 5.068.83 1.015126 5,075.63 6.80 5000 Par Value STC 74 EBR2LOA-List of Assets Page 49 • Account Name : Tequesta General Employees Pension Last ®f Assets April 01, 2007 To~l 30, 2007 Prior Period Unding Market Value (Aggregate Markel Valuc) Current Current Market Unit Market Value ['rice • Account No :80105025 Ur-realired Gain/(Loss1 Carolina Power & Light 5000 Par Value CIT Group Inc Series MTN 5000 Par Value Countrywide Home Loan 5000 Par Value CSX Corp 5000 Par Value Deutsche Bank Financial 6000 Par Value Gannett Co 5000 Par Value Goldman Sachs Group Inc 5000 Par Value Home Depot Inc 5000 Par Value HSBC Finance Corp 5000 Par Value Intl Lease Finance Corp 5000 Par Value Kohls Corporation 5000 Par Value Lehman Brothers Hldgs MTN 5000 Par Value Lowe's Companies Inc 5000 Par Value SLM Corp Series MTN 5000 Par Value Target Corp 5000 Par Value 6.800% 08/15/2007 5,023.76 1.003688 5,018.44 -5.32 4.750°% 08/1512008 4,967.48 0.992884 4.964.42 -3.06 5.625% 07/15/2009 5,022.00 1.004386 5.021.93 -0.07 6.250% 10!15/2008 5,061.15 1.013052 5,065.26 4.11 7.500% 04/25/2009 6,265.84 1.042883 6,257.30 -8.54 6.375% 04/01/2012 5,224.12 1.042822 5,214.11 -10.01 5.250% 10/15/2013 4,951.19 0.994204 4,971.02 19.83 5.400% 03/01/2016 4,882.44 0.97933 4,896.65 14.21 5.250%, 04%15/2015 4,929.85 0.987396 4,936.98 7.13 5.000°0 04/15/2010 4,988.56 0.997718 4,988.59 0.03 6.300% 03/01/2011 5,203.01 1.038696 5,193.48 -9.53 5.000% 01/14/2011 4,957.90 0.993928 4,969.64 11.74 5.000% 10/15/2015 4,846.51 0.970782 4,853.91 7.40 5.125% 08/27;2012 4,956.92 0.933836 4,669.18 -287.7a 5.375% 06/15/2009 5,041.99 1.008388 5,041.94 -0.05 STC 74 EBR2LC ? o(Assets ge 50 April 01, 2007 ~ aril 30, 2007 Account ~e : Tequesta General Employees Pension • Account fVo :80105025 List Of Assets Prior Period F,ndin~ Market Value (Aggregate Markel Valuc) Current Market Unit Price Current Market Value Unrealized GainlQ,oss) Wachovia Bank NA 5.600% 03/15x'2016 5,034.78 L012468 5.062.34 27.56 5000 Par Value Washington Mutual Inc 5.500°r~ 08!24/2011 5.003.53 1.003712 5.018.56 15.03 5000 Par Value Total Corporate Obligations 101,371.44 101,171.99 -199.45 Govt MBS/CMO/ABS FHLMC Gold Pool #C90939 5.500% 12/01/2025 13,114 50 0.995406 13,108.61 -5.89 13169.11 Par Value FHLMC Gold Pool #C90978 6.000% 07/01/2026 14,018.77 1.012459 14,023.44 4.67 13850.87 Par Value FNMA Pass Thru Pool #884093 6.000°% 05/01/'2036 13,895.26 1.007787 13,900.14 4.88 13792.73 Par Value Total Govt MBS/CMO/ABS 41,028.53 41,032.19 3.66 Equity Equity Allstate Corp 9,888.09 62 32 10.28280 394 71 165 Shares Altria Group Inc 8.164.20 68.92 7,925.80 -238.40 115 Shares American Capital Strategies 9.767.36 48.68 10,466.20 698.84 215 Shares Amgen Inc 8,501,25 64.14 9,621.00 1,119.75 150 Shares Applied Materials Inc 9,182.40 19.22 9.610.00 427.60 500 Shares AT&T Inc 9,070.40 38.72 8,905.60 -164 80 230 Shares Bank of America Corp 9.387.68 50.90 9,365.60 -22 OS 184 Shares STC 74 EBR2LOA•Lisf olAssets Page 51 • Account Name : Tequesta General Employees Pension List ®f Assets April 01, 2007 To~ 30, 2007 Prior Period Lndin~ Market Value (Aggregate Market Valuej Current Current Market Unit Market Value Price • Account No :80105025 Unrealized Gain/(Loss) Bear Stearns Co Inc 9,928.10 155.70 10,276.20 348.10 66 Shares Becton Dickinson & Co 8,546.17 78.69 8,655.90 109.73 110 Shares Burlington Northern Santa Fe Corp 8,874.70 87.54 9,629.40 754.70 110 Shares Cadence Design Sys Inc 9,057.26 22.20 9,324.00 266.74 420 Shares Caterpillar Inc 8,729.74 72.62 9,440.60 710.86 130 Shares Cisco Systems Inc 9,156.00 26.74 9,359.00 203.00 350 Shares CIT Group Inc 9,525.60 59.65 10,737.00 1.211.40 180 Shares Citigroup Inc 8,727.80 53.62 9,115.40- 387.60 170 Shares Citrix Systems Inc 8,968.40 32.60 9.128.00 159.60 280 Shares ConocoPhillips 8,202.00 69.35 8.322.00 120.00 120 Shares Eaton Corp 8,356.00 89.21 8,921.00 565.00 100 Shares Ensco International Inc 6,800.00 56.38 7.047.50 247.50 125 Shares Exxon Mobil Corp 8,465.56 79.38 8,731.80 266.24 110 Shares Fiserv Inc 7,905.94 53.17 7,922.33 16.39 149 Shares General Mills Inc 9,321.91 59 90 9,584.00 262,09 160 Shares STC 74 EBR2L0 t of Assets ~ge 52 • April 01, 2007• ,ril 30, 2007 Account Name : Tequesta General Employees Pension Account No :80105025 List Of Assets Prior Period Ending Market Value (Aggregate Market Value) Cw-rent Current Market Unit Markel Value Price Unrealized Gain/(Loss) Harris Corp 9,425.75 51.35 9.499.75 74 00 185 Shares Hartford Financial Svcs Grp 9,749.16 101.20 10,322.40 573.24 102 Shares Intel Corp 8,937 80 21.50 9.890.00 95220 460 Shares International Business Machines Corp 8,483.40 102.21 9,198.90 715.50 90 Shares iShares MSCI Australia Index 4,904.55 27.09 5,120.01 215.46 189 Shares iShares MSCI Austria Index 6,761.64 40.50 7,047.00 285.36 174 Shares iShares MSCI Brazil 3,297.74 52.56 3.521.52 223.78 67 Shares iShares MSCI EAFE Index Fund 6.253.32 79.16 6.491.12 237.80 82 Shares iShares MSCI Japan Index Fd 4,691.54 14 28 4,598.16 -93.38 322 Shares iShares MSCI Mexico 5,109.84 55 34 5,201.96 92.12 94 Shares iShares MSCI Netherlands Index 3.236.46 30 69 3,498.66 262.20 114 Shares iShares MSCI South Korea Index 4,652.44 53.06 4,881.52 229.08 92 Shares iShares N1SC1 Sweden Index Fd 4,963.92 37.08 5,487.84 523.92 148 Shares iShares MSCI United Kingdom 4,549.23 24,85 4,696.65 147 42 189 Shares Johnson & Johnson 6.568.34 64.22 6,999.98 431.64 109 Shares STC 74 EBR2LOA-List o/Assets Page 53 • April 01, 2007 Toil 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 List ®f Assets Prior Period Ending Market Value (,1~gregate Marke[ Value) Johnson Controls Inc 9,984.31 105 Shares JP Morgan Chase & Co g,2gg gg 192 Shares Kimberly-Clark Corp 9,259.20 135 Shares Kraft Foods Inc A 1,492.66 62 Shares Limited Brands 9,936.39 380 Shares Lockheed Martin Corp 8,760.85 90 Shares Marathon Oil Corp 10,772.47 109 Shares McKesson HBOC Inc 8,195.60 140 Shares MetLife Inc 9,409.35 149 Shares Morgan Stanley India Investment Fund 3,844.80 89 Shares Nordstrom Inc 10,102.60 190 Shares Parker-Hannifin Corp 8,631.00 100 Shares Penney (JC) Co Inc 10,010.50 120 Shares Pepsi Bottling Group Inr, 8,291.40 260 Shares Pfizer Inc 8,396.75 330 Shares Current Current Market Unit Market Value Price 102.33 10, 744.65 52.10 10,003.20 71.17 9,607.95 33.47 2 075 14 27.57 96.14 101.55 58.83 65.70 44.46 54.92 92.14 79.09 32.81 26.46 10,476.60 8,652.60 1 1, 068.95 8,236.20 9, 789.30 3,956.94 10,434,80 9,214.00 9,490.80. 8,530.60 8.731.80 Unrealized Gain/(Loss) 760.34 714.24 348.75 582.48 540.21 108.25 296.48 40.60 379.95 112.14 332.20 583.00 519.70 239.20 335.05 STC 74 EBR2LC t of Assets vge 54 April 01, 2007 ,ril 30, 2007 • Account e : Tequesta General Employees Pension Account No :80105025 List Of Assets Prior Period Ending Market Value (Aggregate 14arke.t Value) Current Current Market Unit Market Value Price Unrealized Gain/(I,o.cs) PPG Industries Inc 7,752.10 73.59 8,094.90 342.80 110 Shares PPL Corp 8.589.00 43.61 9,158.10 569.10 210 Shares Praxair Inc 7.605.71 64.55 7,746.00 140.29 120 Shares SAFECO Corp 9,826.13 66.74 10,011.00 184.87 150 Shares Sempra Energy 9,761.60 63.48 10,156.80 395,20 160 Shares SUPERVALU Inc 8,204.70 45.90 9,639.00 1,434.30 210 Shares United Technologies Corp 8,320.00 67.13 8,592.64 272.64 128 Shares Valero Energy Corp 8.383.70 70.23 9,129.90 746 20 130 Shares Verizon Communications Inc 9,100.72 38.18 9,163.20 62.48 240 Shares VF Core 9,666.54 87.81 10,273.77 Fi0723 117 Shares Wachovia Corp 9,886.31 55.54 9.997.20 110.89 180 Shares Wellpoint Inc 10,543.00 78.97 10,266.10 -276.90 130 Shares Wyeth 7.454.47 55 50 8,269-50 815.03 149 Shares XTO Energy Inc 7.125.30 54.27 7,055.10 -70.20 130 Shares Total Equity 534,707.81 557,393.34 22,685.53 Equity Mutual Funds STC 74 EBR2LOA-List of Assets Page 55 Account Name : Tequesta General Employees Pension List ®f Assets April 01, 2007 To~l 30, 2007 Prior Pe--iod Ending Market Value (Aggregate M:~rket Value) Current Current Market Unit Market Value Price • Account No :80105025 Unrealized Gain/(boss) Central Europe & Russia Fund 5,538.50 51.22 5,634.20 95.70 110 Shares New Ireland Fund Inc 5,453.76 35.97 5,467.44 13.68 152 Shares Total Equity Mutual Funds 10,992.26 11,101.64 109.38 TOTAI, L'VVESTMENTS MARICF.,T l'AI L%E 926,070.93 948,792.84 22,721.91 TOTAI, ACCRUF_D INCOME 3,124.15 3,124.15 N'ET,9SSF.TS 929,195.08 951,916.99 22,721.91 STC 74 EBR2L0 • of Assets qe 56 Account N• : Tequesta General Employees Pension Brokerage Commissions Br~iker ,Name April 01, 2007 ril 30, 2007 Non-Directed ~'o. of 'trades Commission Amt • Account No :80105025 Uirccted No. of ~1'rades Commission Amt. Lynch Jones & Ryan f !Jill! 46 365 35 46 365.35 O O (1(1 0 0.00 STC 74 EBR2BRC-Broker Commissions Page 57 ~ SALEM T1~1ST COMPANY Statement of Account May 1, 2007 Through May 31, 2007 Salem Trust Company As Custodian For Village Of Tequesta General Employees Pension Plan Account Number :80105025 ACCOUNT MANAGER Karen Russo 954-426-5770 Confidential And Privileged Information Village Of Tequesta Attention: Lori McWilliams 345 Tequesta Drive Tequesta, FL 33469-0273 • Account Name : Tequesta General Employees Pension May 01, 2007•,llay 31, 2007 • Account No :80105025 Net Asset Summary ---- -- --- ---------- ----_ --------- Net Assets I3e~innin~ 05/01/2007 $ 951,916.99 1.0 Summary Of Receipts t 1 Cash Contribu(ions ;d,73.5.gq 1.2 - 1 4 Earnings from Investments I ~~;r ~ Total Receipts 16,316.56 2.0 Summary Of Disbursements 2 1 Distribution Of Benefits C ,;,C 2.2 Other Distributions _5.500 CC 2.3 Administration Expenses O.OC 24 Other Expenses C.t70 Total Disbursements -5,500.00 3.0 Changes In Net Assets ?.-1 Unrealized Gain (Loss) 19 i84-76 3.2 - 3 3 Changes In Investments -ti2 t 3.4 Gam (Loss) On Sale cf Assets Aggregate Proceeds 110, 74.9 71 Less- Aggregate Carry V21ue (Market Value) 110,7G8 G7 Total GainlLoss -18 96 3 5 Accrued Income Interest 3,.50N 20 3.6 Accrued Income -Dividend 1.288 83 Total Accrued Income 4,797.03 Less Prior Accrued Income 3 1~q 7 ~; Total Changes In Net Assets 16,210.80 Net Assets F,nding 05/31/2007 $ 978,944.35 STC 74 EBR2NAS-Net Asset Summary Paqe 2 May 01, 200~May 31, 2007 • Account~me : Tequesta General Employees Pension Account Plo :80105025 Changes In Investments Investments Acquired Market Basis Federated Treasury Obligations Fund 25,151.19 The Amount Shown Is The Net Of Deposits For The Entire Period Aegon N V - NY Reg Shr ADR 4,022.54 Purchased 195 Shares At 20.6134 Per Share Trade Date 05/01/2007 Settlement Date 05/04/2007 Broker: Capital Institutional Services British American Tobacco Spons ADR 3.215.94 Purchased 52 Shares At 61 83 Per Share Trade Date :05/01/2007 Settlement Date :05/04/2007 Broker: Capital Institutional Services BT Group PLC Spons ADR 3,233.54 Purchased 51 Shares At 63.3876 Per Share Trade Date .05/01/2007 Settlement Date :05/04/2007 Broker: Capital Institutional Services Canon Inc Spons ADR 4,014.06 Purchased 71 Shares At 56.521 Per Share Trade Date :05/01/2007 Settlement Date :05/04/2007 Broker: Capital Institutional Services Cemex SA Spons Part Cer ADR 4 747 07 Purchased 148 Shares At 32.0598 Per Share Trade Date :05/01/2007 Settlement Date :05/04/2007 Broker. Capital Institutional Services Danske Bank A/S-Unspons ADR 3 946 55 Purchased 170 Shares At 23.2 Per Share Trade Date :05/01/2007 Settlement Date 05/04/2007 Broker: Capital Institutional Services E ON AG Spons ADR 3,941.34 Purchased 80 Shares At 49.2518 Per Share Trade Date :05/01/2007 Settlement Date :05/04/2007 Broker: Capital Institutional Services STC 74 EBR2CIA•Changes in Investments Page 3 May 01, 200~May 31, 2007 • Account~e : Tequesta General Employees Pension Account No :80105025 Changes In Investments L-vestments Acquired Ni:-rket F3asis Endurance Specialty Holdings Purchased 86 Shares At 37.4388 Per Share Trade Date :05101/2007 Settlement Date :05/04/2007 Broken Capital Institutional Services FHLMC Gold Pool #C90983 5,500% 08/01/26 Purchased 14223.27Par Value At 99.203125 Trade Date 05/17/2007 Settlement Date 05/22/2007 Broker: First Tennessee Bank Natl Assn Koninklijke Ahold NV Spons ADR Purchased 253 Shares At 12.7 Per Share Trade Date :05/01/2007 Settlement Date :05;04/2007 Broker. Capital Institutional Services KT Corp Spons ADR Purchased 142 Shares At 22.5996 Per Share Trade Date 05/01/2007 Settlement Date 05/04/2007 Broker. Capital Institutional Services Marks & Spencer plc-ADR Purchased 36 Shares At 89.9 Per Share Trade Date 05/01!2007 Settlement Date :05/04/2007 Broker: Capital Inslitutional Services New Ireland Fund Inc Sold -0.56 Shares At -31.091261 Per Share Trade Date 01/24/2007 Settlement Date 01/25/2007 Reversing Tran #4010268 On 01!25/2007 Reversed to allocate cost value New Ireland Fund Inc Sold -99 Shares At -37.6902 Per Share Trade Date :04/2612007 Settlement Dale .05/01/2007 Reversing Tran #4235593 On 05/01/2007 Reversed to allocate cost value Broker: Capital Institutional Services 3,221.03 14,109-93 3,216-90 3.21 1.27 3,236-94 17.41 3.729.78 STC 74 EBR2CIA-Changes in Investments Page 4 May 01, 200~May 31, 2007 AccountlR~me : Tequesta General Employees Pension Account fTo :80105025 Changes In Investments Investments Acquired 1\'iarket I~asis New Ireland Fund Inc 1,955.64 Sold -53 Shares At -36.9146 Per Share Trade Date :04/27/2007 Settlement Date :05/02/2007 Reversmg Tran #4240241 On 05/02/2007 Reversed to allocate cost value Broker: Capital Institutional Services NTT DoCoMo Inc-Spon ADR 4 131 18 Purchased 236 Shares At 17.49 Per Share Trade Date :05/01/2007 Settlement Date . 05/04/2007 Broker: Capital Institutional Services Petroleo Brasileiro SA-Spons ADR 3,206.10 Purchased 36 Shares At 89.0433 Per Share Trade Date :05/01/2007 Settlement Date :05/04/2007 Broker: Capital Institutional Services Sanofl-Aventis SA ADR 4,029.08 Purchased 88 Shares At 45.77 Per Share Trade Date :05/01/2007 Settlement Date :05/04/2007 Broker Capital Institutional Services Telecom Italia SpA Spons ADR 3,267.21 Purchased 134 Shares At 24.3672 Per Share Trade Date :05/01/2007 Settlement Date :05/04/2007 Broker: Capital Institutional Services Telefonos de Mexico SA Spons ADR 4,023.41 Purchased 119 Shares At 33,7951 Per Share Trade Date 05/01/2007 Settlement Date :05/04!2007 Broker: Capital Institutional Services Toyota Motor Corp Spons ADR 4,118.36 Purchased 34 Shares At 121.1132 Per Share Trade Date :05/01/2007 Settlement Date :05/04/2007 Broker: Capital Institutional Services Wolseley plc-ADR 4,074.02 Purchased 167 Shares At 24.3803 Per Share Trade Date :05/01/2007 Settlement Date :05/04/2007 Broker: Capital Institutional Services STC 74 EBR2CIA-Changes in Investments Page 5 May 01, 201 May 31, 2007 • Accountl~ame : Tequesta General Employees Pension Account (Vo :80105025 Changes in Investments Investments Acquired Viarket E3asis Woori Finance Holdings-ADR 3,250.80 Purchased 43 Shares At 75.5849 Per Share Trade Date 05/01/2007 Settlement Date :05/04/2007 Broker: Capital Institutional Services Yara International-ADR 3,255.44 Purchased 110 Shares At 29.5799 Per Share Trade Date :05/01/2007 Settlement Date :05/0412007 Broker: Capital Institutional Services Zurich Financial Svcs-ADR 3.239.54 Purchased 111 Shares At 29.17 Per Share Trade Date :05/0112007 Settlement Date :05/04/2007 Broker: Capital Institutional Services Total Innestncc nts i1 c yuired 121,566.27 STC 74 EBR2CIA-Changes in Investments Page 6 May 01, 20~ May 31, 2007 Account Name : Tequesta General Employees Pension Changes In Investments Other Changes I~~IarketBasis 05/10!2007 New Ireland Fund Inc 372 12 Received 11.56 Per optional dividend effective i 1110;06 0511 0/2 00 7 New Ireland Fund Inc Delivered -11 56 Reversing Tran #3971775 On 01102/2007 Reversed to allocate rust value Total Other Changes 372.12 s Account No :80105025 STC 74 EBR2CIA-Changes in Inveslmenfs Page 7 May 01, 2007~ay 31, 2007 Account Name : Tequesta General Employees Pension Earnings From Investments Interest • Account No :80105025 Federated Treasury Obligations Fund 05!01 /2007 159.19 Symbol: 60934N872 159.19 U S Treasw•y Note 5.500% OS/l5/09 05!15!2007 Rate 2.75 Payable 05/15/2007 On 10000.00 Par 275.00 Symbol 912827563 275.00 Sank One Corp 5.900"r~ 1]/15/l l 05/15/2007 Rate 2.95 Payable 05/15/2007 On 5000.00 Par 147.50 Symbol: 06423AAQ6 147.50 FHLMC 4.875°/n ll/15/13 05/16/2007 Rate 2.4375 Payable 05/15/2007 On 5000.00 Par 121 88 Symbol: 3134A4UK8 121.88 Avon Products 4.625% OS/IS/13 05,'15/2007 Rate 2.3125 Payable 05/15/2007 On 5000.00 Par 115 63 Symbol: 054303AQ5 115.63 FHLMC Gold Pool #090939 S.St10^r~ 12/0]/25 05!1512007 Rate 0.45833333 Payable 05/15/2007 On 13169.1 1 Par 60 36 Symbol: 3128P7BG7 60.36 FNMA Pass Thru Pool #884093 6.000% OS/O]/3G 05/25/2007 Rate 0.5 Payable 05'25/2007 On 13792 73 Par 68 96 Symbol: 31410BGA6 STC 74 EBR2EFl-Earnings from Investments Page 8 • May 01, 200~May 31, 2007 Account Mme : Tequesta General Employees Pension Earnings From Investments Interest U S 'T'reasury Note 5.125"/" 05/15/16 05/15/2007 Rate 2.5625 Payable 05/15/2007 On 5000.00 Par Symbol: 912828FF2 FHLMC Gold Pool #090978 6.000"/" 07/01/26 05/15r2007 Rate 0.5 Payable 05/15/2007 On 13850.87 Par Symbol 3128P7CP6 FHLMC Gold Pool #090983 5.500"/" 08/01/26 05/22/2007 Accrued Interest On Purchase Symboi 3128P7CU5 Tolullnterest • Account No :80105025 68.96 128.13 128.13 69.25 69.25 -45.63 -45.63 1,100.27 STC 74 EBR2EFl-Earnings from Investments Page 9 ~ Account e : Tequesta General Employees Pension Earnings From Investments Dividends AT&T Inc 05/01/2007 230 Shares At 0 355 Per Share Symbol. 002068102 Caterpillar Inc 05/21/2007 130 Shares At 0 3 Per Share Symbol: 149123101 CIT Grnup Inc OSi30/2007 180 Shares At 0.25 Per Share Symbol. 125581108 Citigroup Inc 05/25/2007 170 Shares At 0.54 Per Share Symbol. 172967101 IJaton Corp 05/25/2007 100 Shares At 0.43 Per Share Symbol 278058102 General Mills Inc 05/01/2007 160 Shares At 0.37 Per Share Symbol: 370334104 Penney (JC) Co Inc 05!01/2007 120 Shares At 0.2 Per Share Symbol: 708160106 May 01, 2007~ay 31, 2007 81.65 39.00 45.00 91.80 43.00 59.20 24.00 81.65 39.00 45.00 91.80 43.00 59.20 24.00 • Account No :80105025 STC 74 EBR2EFl-Earnings from Investments Page 10 May 01, 200 May 31, 2007 Account ame : Tequesta General Employees Pension Account: 80105025 Earnings From Investments llividends Verizon Communications inc 05/01/2007 240 Shares At 0.405 Per Share 97.20 Symbol: 92343V104 Total Dividend 97.20 480.85 STC 74 EBR2EF1-Earnings from Investments Page 11 • May 01, 2007 ~ay 31, 2007 • Account Name : Tequesta General Employees Pension Earnings From Investments Pooled runds Account No :80105025 No Data Qualifies Total Ea~~nings Paid 1.581.12 S ~G 74 EBR2EFI-Earnings from Investments Paget 2 May 01, 2007~May 31, 2007 Account~e : Tequesta General Employees Pension Account 80105025 Earnings From Investments Accrued Income -interest CSX Corp 6.250%> 10/15/08 5000 Par Value At 0.0625 Par ;;g g,j Symbol: 126408BR3 Goldman Sachs Group Inc 5,250% 10/15/13 5000 Par Value At 0.0525 Par 33 54 Symbol: 38141 GDQ4 FHLP~IC 4.500°,'0 01/15/13 3000 Par Value Al 0.045 Par 51 00 Symbo1:3134A4SA3 U S Treasury Nole 4.250% 08/15/13 10000 Par Value At 0.0425 Par 123.27 Symbol: 912828BH2 FNMA 5.500% 03/15/11 7000 Par Value At 0.055 Par 81 28 Symbol: 31359MHK2 FNMA 5.250% 01/15/09 10000 Par Value At 0.0525 Par 198 33 Symbol: 31359MEK5 U S Treasury Note 5.500% 05/15!09 10000 Par Value At 0.055 Par 23.91 Symbol: 912827563 FNMA 4]50°,'0 12/15/10 5000 Par Value At 0.0475 Par 109.51 Symbol. 31359MZL0 STC 74 EBR2AE1-Accrued Earnings Page 13 Account N• : Tequesta General Employees Pension Earnings From Investments Accrued Income -Interest Lehman Brothers Hldgs MTN 5.000% OU14/11 5000 Par Value At 0,05 Par Symbol. 52517PD57 FNMA 5.000% 04/15/15 8000 Par Value At 0.05 Par Symbol: 31359MA45 U S Treasury Note 4,125% 08/15/08 20000 Par Value At 0.04125 Par Symbol: 912828EC0 U S Treasury Note 4.250% 08/15/15 5000 Par Value At 0.0425 Par Symbol: 912828EE6 Avon Products 4.625% 05/15/13 5000 Par Value At 0.04625 Par Symbol: 054303AQ5 FHLMC 5.750% 03/15/09 10000 Par Value At 0.0575 Par Symbol: 3134A3EM4 U S Treasury Note 4.000% 09/30/07 10000 Par Value At 0.04 Par Symbol: 912828EH9 Lowe's Companies Inc 5.000% 10/15115 5000 Par Value At 0.05 Par Symbol: 548661 CH8 May 01, 2007 ~ay 31, 2007 95.14 51.11 239.30 61.64 10.28 121.39 66,67 31.94 • Account No :80105025 STC 74 EBR2AE1-Accrued Earnings Page 14 Account Name : Tequesta General Employees Pension Earnings From Investments .Accrued Income -Interest SLM Corp Series MTN 5.125% 08!27/12 5000 Par Value At 0.05125 Par Svnibol: 78442FAB4 Countrywide Home Loan 5.625% 07/15/09 5000 Par Value At 0.05625 Par Symbol. 22237LMY5 Gannett Co 6,375% 04/01/12 5000 Par Value At 0.06375 Par Symbol. 364725AC5 KohlsCorporation 6.300%03/01/11 5000 Par Value At 0.063 Par Symbol: 500255AM6 Target Corp 5.375% 06/15/09 5000 Par Value At 0.05375 Par Symbol. 87612EAJ5 Carolina Power & Light 6.800% 08/15/07 5000 Par Value At 0.068 Par Symbol: 144141 CH9 FHLMC 4.875% 11/15/13 5000 Par Value At 0.04875 Par Symbol: 3134A4UK8 FHLMC 5-750% 04/15/08 10000 Par Value At 0.0575 Par Symbol: 3134A2DT2 May 01, 2007~ay 31, 2007 66.91 106.25 53.13 78.75 123.92 100.11 10.83 73.47 Account No :80105025 S TC 74 EBR2AEl-Accrued Earnings Page 15 • Account Name : Tequesta General Employees Pension Earnings From Investments Accrued Income -Interest May 01, 2007 T.y 31, 2007 • Account No :80105025 Bank One Corp 5.900% 11/15/11 5000 Par Value At 0.059 Par 13 11 Symbol: 06423AAQ6 FNMA Pass Thru Pool #884093 6.000% 05/01/36 13605,83 Par Value At 0.06 Par 68.03 Symbol_ 31410BGA6 Federated Treasury Obligations Fund 36418.97 Par Value At 0.0477 Par 173.89 Symbo1.60934N872 FHLMC Goltl Pool #C90983 5.500% 08/01/26 14223.27 Par Value At 0.055 Par 130 38 Symbol: 3128P7CU5 FNMA 5.000% 10/15/11 10000 Par Value At 0.05 Par 63.89 Symbol: 31359MZ30 Intl Lease Finance Corp 5.000% 04/15/10 5000 Par Value At 0.05 Par 31 yq Symbol: 459745FP5 U S Treasury Note 4,625% 02/15/17 15000 Par Value At 0.04625 Par 201 23 Symbol: 912828GH7 FNMA 5.375"/° 08/15%09 10000 Par Value At 0.05375 Par 158.26 Symbol: 31359MU68 STC 74 EBR2AEl•Accrued Earnings Page 16 May 01, 2007~11ay 31, 2007 Account Name : Tequesta General Employees Pension Earnings From Investments Accrued Income -Interest • Account No :80105025 Washington Mutual Inc 5.500`;% 08/24/11 5000 Par Value At 0.05500082 Par 74.10 Symbol 939322AX1 U S Treasury Note 4 625°i° 10/31/11 10000 Par Value At 0.04625 Par 3g 96 Symbol: 912828FW5 Home Depot Inc 5.400%03/01/16 5000 Par Value At 0.054 Par 67.50 Symbol: 437076AP7 Deutsche Bank Financial 7 500% 04/25/09 6000 Par Value At 0.075 Par 45.00 Svrnbol 251529AF0 Wachovia Bank NA 5.600% 03/15/16 5000 Par Value At 0.056 Par 59.11 Symbol: 92976GAE 1 FHLMC Gold Pool #C90939 5.500% 12/01/25 12978.68 Par Value At 0.055 Par 59.49 Symbol. 3128P7BG7 U S Treasury Note 5.125% 05/15/16 5000 Par Value At 005125 Par 1 1 14 Symbol: 912828FF2 FHLMC Gold Pool #C90978 6.000% 07/01/26 13629.2 Par Value At 0.06 Par 68.15 Symbol: 3128P7CP6 STC 74 EBR2AEl-Accrued Earnings Page 17 May 01, 2007 ~y 31, 2007 Account Name : Tequesta General Employees Pension Account No :80105025 Earnings From Investments Accrued Income -Interest HSBC Finance Corp 5.250% 04/15/15 5000 Par Value At 0.0525 Par 33.54 Symbol: 40429CCR1 FHLB Series 580 4 125% 10/19/07 10000 Par Value At 0.04125 Par 48 13 Symbol: 3133XDCQ2 U S Treasury Note 4.250% 10/15/10 15000 Par Value At 0,0425 Par 80.12 Symbol. 912828EJ5 Capital One Bank 5.750% 09/15/10 5000 Par Value At 0.0575 Par 60 gq Symbol: 14040EHH8 CIT Group Inc Series MTN 4,750% 08/15/08 5000 Par Value At 0.0475 Par Og 93 Symbol: 125577AQ9 Accrued Licome - ]merest 3,508.20 STC 74 EBR2AEl-Accrued Earnings Page 18 May 01, 200~May 31, 2007 Account~e : Tequesta General Employees Pension Earnings From Investments Accrued Income -Dividends • Account iVo :80105025 Marathon Oil Corp 109 Shares At 0.48 Per Share 5232 Symbol: 565849106 Koninklijke Ahold NV Spons ADR 253 Shares At 0.6799 Per Share 172.01 Symbol: 500467303 Lockheed Martin Corp 90 Shares Al 0,35 Per Share 31.50 Symbol: 539830109 Yara International ADR 1 10 Shares At 0.413052 Per Share 35 64 Symbol: 984851204 Intel Corp 460 Shares At 0.1125 Per Share 51.75 Symbol: 458140100 Nordstrom Inc 190 Shares At 0,135 Per Share 25.85 Symbol 655664100 Harris Corp 185 Shares At 0.11 Per Share 20.35 Symbol: 413875105 SUPERVALU Inc 210 Shares At 0.165 Per Share 34.65 Symbol: 868536103 STC 74 EBR2AEl-Accrued Earnings Paqe 19 Account N• : Tequesta General Employees Pension Earnings From Investments Accrued Income -Dividends International Business Machines Corp 90 Shares At 0.4 Per Share Symbol: 459200101 Valero Energy Corp 130 Shares At 0.12 Per Share Symbol 91913Y100 Hartford Financial Svcs Grp 102 Shares At 0.5 Per Share Symbol: 416515104 ConocoPhillips 120 Shares At 0.41 Per Share Symbol: 208250104 United Technologies Corp 128 Shares At 0.265 Per Share Symbol. 913017109 Parker-Hannifin Corp 100 Shares At 0.26 Per Share Symbol: 701094104 Allstate Corp 165 Shares At 0.38 Per Share Symbol: 020002101 Wyeth 149 Shares At 0.26 Per Share Symbol: 983024100 May 01, 2007.ay 31, 2007 36.00 15.60 51.00 49.20 33,92 26.00 62 70 38, 74 • Account No :80105025 S TC 74 EBR2AE1-Accrued Earnings Page 20 May 01, 20~ May 31, 2007 • Account'IQame : Tequesta General Employees Pension Account No :80105025 Earnings From Investments Accrued Income -Dividends Marks & Spencer plc ADR 36 Shares At 0.736533 Per Share 26.52 Symbol: 570912105 Exxon Mobil Corp 110 Shares At 0,35 Per Share 38 50 Symbol. 302316102 Limped Brands 380 Shares At 0 15 Per Share 57.00 Symbol: 532716107 Wachovia Corp 180 Shares At 0,56 Per Share 100 80 Symbol, 929903102 Pfizer Inc 330 Shares At 0,29 Per Share 95.70 Symbol: 717081103 Johnson & Johnson 109 Shares At 0.415 Per Share 45,24 Symbol. 478160104 Bank of America Corp 184 Shares At 0.56 Per Share 103.04 Symbol: 060505104 Applied Materials Inc 500 Shares At 0.06 Per Share 30.00 Symbol: 038222105 STC 74 EBR2AEl-Accrued Earnings Page 21 • Account Name : Tequesta General Employees Pension Earnings From Investments Accrued Income -Dividends PPG Industries Inc 110 Shares At 0.5 Per Share Symbol: 693506107 Acc~•ued Income - Dividend,c Tntul Accrued Irzcnme STC 74 EBR2AEl-Accrued Earnings May 01, 2007~ay 31, 2007 55.00 4,797.03 Account No :80105025 1,288.83 Page 22 • May 01, ZOO~May 31, 2007 • Account Mme : Tequesta General Employees Pension Account iVo :80105025 Balance Sheet As Of 05/01/2007 As Qf 05/31/2007 Cost Value Market Value Cost Value Market Value Cash And Receivables Cash 0.00 0.00 0.00 0.00 Due From Broker 0.00 0 00 0.00 0.00 Accrued Income 3,124 15 3,124.15 4,797.03 4,797.03 Total Cush And Receivahles 3,124.15 3,124.15 4,797.03 4,797.03 Cash F,quivalents Money Market Funds 49,756.13 49.756.13 36,418.97 36.418.97 Total Cash Equivalents 49,756.13 49,756.13 36,418.97 36,418.97 Fixed Income U S Government & Agencies 188.352.00 188,337 55 188,352.00 186.495.37 Corporate Obligations 102.613.83 101,171.99 102,613.83 100,062.14 Govt MBS/CMO/ABS 40,268.14 41,032.19 53.786.95 54,007.51 Total Fixed Infnlne 331,233.97 330,541.73 344,752.78 340,565.02 Lquity Equity 461,749.92 557,393.34 497,369-91 597,163.33 Equity Mutual Funds 9,274.17 11,101.64 0 00 0.00 TolalEquity 471,024.09 568,494.98 497,369.91 597,163.33 Total Hnldirr.~s 852,014.19 948,792.84 878,541.66 974,147.32 TOTAL ASSF_TS 855.138.34 951,916.99 883,338.69 978,944.35 Pavables Due To Broker 0.00 0 00 0.00 0.00 Total Payahlc~s 0.00 0.00 0.00 0.00 TOT.AI, LIABILITILS o.ao o.oo o.oo o.oo Tnlul Nel Asset Value 855,138.34 951,916.99 883,338.69 978,944.35 Total Liabilities And 1:'quity 855,138.34 951,916.99 883,338.69 978,944.35 STC 74 EBR28LS-Balance Sheet Page 23 Account N~Re : Tequesta General Employees Pension Investment Summary May 01, 2007~ay 31, 2007 Account No :80105025 Beginning Endinl; Investment Of Period Of Period C: hange Cash Equivalents Cash Money Market Funds Total Cash Equivalents Fixed Income U S Government & Agencies Corporate Obligations Govt MBS/CMO/ABS Total Fixed Income Equity Equity Total Equity Changes In Investment -Other Total Changes In Investment -Other Realized Gain/Loss On Sales Proceeds Less: Aggregate Carry Value (Market Value) Net Period Accruals Accrued Income Accrued Income less: Prior Accrued Income Total Accrued Income ~nvestrnenl Sunu~zary Total Total Chaizges In Nel A,cser,c 0.00 0.00 49.756.13 36,418.97 49,756.13 36,418.97 0.00 188.337 55 186,495.37 -1,842.18 101,171.99 100.062 14 -1,109.85 41,032.19 54,007.51 -53226 330,541.73 340,565.02 -3,484.29 557.393.34 597.163.33 17,669.05 557,393.34 597,163.33 17,669.05 372.12 1 10.749, 71 110,768.67 0.00 0.00 -18.96 3,124.15 4, 797.03 4, 797.03 3.124.15 3,124.15 4,797.03 1,672.88 $ 940,815.35 $ 978,944.35 $ 16,210.80 STC 74 EBR2SO1-Investment Summary Page 24 May 01, 200~May 31, 2007 • Account~me : Tequesta General Employees Pension Account hJo :80105025 Summary of Receipts 1.1 Contributions Employer Contributions Employee Contributions Other Contributions Total Earnings Frorn Investments 1.2 Interest 1 3 Dividends 1.4 Pooled Funds Total Total XeccipGs Summary of Disbursements 9,094.00 5.641 44 0.00 14,735.44 1,100.27 480.85 0.00 1,581.12 $ 16,316.56 ?.f Distribution Of Benefits Total 2.2 Other Distributions Wire Transfer Total 2.3 Adminish-atiou Expenses Fees And Commissions Total 2.4 Other Expenses Total Total Disbur•sernents 0 00 5,500.00 -5,500.00 0.00 0.00 -5,500.00 STC 74 EBR2SOR-Summary of Receipts Page 25 May 01, 2007 ~y 31, 2007 Account Name : Tequesta General Employees Pension Contributions Employer Contribution 05/04/2007 Employer Contribution For payroll period ending 04!28/07 05/21/2007 Employer Contribution For payroll period ending 05/12/07 Total F,mployer~ Cnntrihuti.on Employee Contributions 05/04/2007 Employee Contribution; For payroll period ending 04/28/07 05/21/2007 Employee Contributions For payroll period ending 05/12/07 Tot~cl Employee Cnnh~ibulinns Total Cash Conb~ibutinns • Account No :80105025 4.545.24 4,548.76 9,094.00 2,819.63 2.82181 5,641.44 14,735.44 STC 74 EBR2COR-Contributions B Other Receipts Page 26 • May 01, 20~ May 31, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Other Receipts No Data Qualifies STC 74 EBR2COR-Contributions & Other Receipts Page 27 • Account Name : Tequesta General Employees Pension Other Receipts May 01, 200~ay 31, 2007 ~Jo Data Qualifies • Accoun4 No :80105025 STC 7Q EBR2COR-Contributions 8 Other Receipts Page 27 • Account Name : Tequesta General Employees Pension Distribution Of Benefits May 01, 2007 ~y 31, 2007 • AccountNo:80105025 No Data Qualifies STC 74 EBRIDAE-Distribution 8 Expenses Page 28 • May 01, 200~ay 31, 2007 • Account Name :Tequesta General Employees Pension Account No :80105025 Other Disbursements Wire Transfer 05/10/2007 To : Village Of Tequesta Independent Community Bank ABA #067014440 A/C #0-838-3 05/3012007 To : Village Of Tequesta Independent Community Bank ABA #067014440 A/C #0-838-3 Tntul mire Transfer Tn[al Olhc-r Dlsh•ihutions -4.500.00 1,000.00 -5,500.00 -5,500.00 STC 74 EBR2DAE-Distribution 8 Expenses Page 29 • May 01, 2007 T~ 31, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Administrative Expenses No Data Qualifies STC 74 EBR2DAE-Distribution 8 Expenses Page 30 • Account Name : Tequesta General Employees Pension Other Expenses May 01, 2007~ay 31, 2007 • Account No :80105025 fVo Data Qualifies STC 74 EBR20AE-Distribution & Expenses Page 31 • May 01, 2007 T~ 31, 2007 Account fVame : Tequesta General Employees Pension • Account No :80105025 Transactions Date Description * * * Starting Balances 05/01/2007 Dividend Payable On 05/01/2007 General Mills Inc 160 Shares At 0.37 05/01/2007 Dividend Payable On 05/01 /2007 Verizon Communications Inc 240 Shares At 0.405 05/01/2007 Dividend Payable On 05/01/2007 Penney (JC) Co Inc 120 Shares At 0.20 05/01/2007 Interest Federated Treasury Obligations Fund Payable On 04/30/2007 05/01/2007 Dividend Payable On 05/01/2007 AT&T Inc 230 Shares At 0.355 05/01/2007 Sold On 04/26/2007 89 Units Morgan Stanley India Investment Fund 89 Units At $ 46.5481 Through Capital Institutional Services 05/01/2007 Sold On 04/26/2007 99 Units New Ireland Fund Inc 99 Units At $ 37.6902 Through Capital Institutional Services Reversed By Tran #4252951 On 05/10/2007 Income Principal $ 0.00 $ 0.00 59.20 97.20 24.00 159.19 81 .65 4.141.37 3,729.78 S TC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 32 • May 01, 2007~ay 31, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Transactions Date Description Income Principal 05/01/2007 Sold On 04/26/2007 33 Units 1,763.65 Central Europe & Russia Fund 33 Units At $ 53.46 Through Capital Institutional Services 05/02/2007 Sold On 04/27/2007 53 Units 1,955.64 New Ireland Fund Inc 53 Units At $ 36.9146 Through Capital Institutional Services Reversed By Tran #4252952 On 05/10/2007 05/02/2007 Sold On 04/27/2007 77 Units 4,015.13 Central Europe & Russia Fund 77 Units At $ 52.1605 Through Capital Institutional Services 05/04/2007 Purchased On 05/01/2007 43 Units -3,250.80 Woori Finance Holdings-ADR 43 Units At $ 75.5849 Per Unit Through Capital Institutional Services 05/04/2007 Purchased On 05!01/2007 167 Units -4,074.02 Wolseley plc-ADR 167 Units At $ 24.3803 Per Unit Through Capital Institutional Services 05/04/2007 Purchased On 05/01/2007 110 Units -3.255.44 Yara International-ADR 110 Units At $ 29.5799 Per Unit Through Capital Institutional Services 05/04/2007 Purchased On 05/01/2007 86 Units -3,221.03 Endurance Specialty Holdings 86 Units At $ 37.4388 Per Unit Through Capital Institutional Services 05/04;2007 Purchased On 05/01/2007 111 Units -3,239.54 Zurich Financial Svcs-ADR 111 Units At $ 29.17 Per Unit STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 33 • May 01, 2007 T~ 31, 2007 • Account Name : Tequesta General Employees Pension Account No :80105025 Transactions Date Description Income ~'rincipal Through Capital Institutional Services 05/04/2007 Purchased On 05/01/2007 119 Units -4,023.41 Telefonos de Mexico SA Spons ADR 119 Units At $ 33.7951 Per Unit Through Capital Institutional Services 05/04/2007 Purchased On 05/01/2007 34 Units -4,118.36 Toyota Motor Corp Spons ADR 34 Units At $ 121.1132 Per Unit Through Capital Institutional Services 05/04!2007 Purchased On 05/01/2007 236 Units -4,131,18 NTT DoCoMo Inc-Spon ADR 236 Units At $ 17.49 Per Unit Through Capital Institutional Services 05/04/2007 Purchased On 05/01/2007 88 Units -4,029.08 Sanofi-Aventis SA ADR 88 Units At $ 45.77 Per Unit Through Capital Institutional Services 05/04/2007 Purchased On 05/01/2007 142 Units -3,211.27 KT Corp Spons ADR 142 Units At $ 22.5996 Per Unit Through Capital Institutional Services 05/04/2007 Purchased On 05/01/2007 253 Units -3,216.90 Koninklijke Ahold NV Spons ADR 253 Units At $ 12.70 Per Unit Through Capital Institutional Services 05!04/2007 Purchased On 05/01/2007 36 Units -3,236.94 Marks & Spencer plc-ADR 36 Units At $ 89.90 Per Unit Through Capital Institutional Services 05/04/2007 Purchased On 05/01/2007 80 Units -3,941.34 E ON AG Spons ADR 80 Units At $ 49.2518 Per Unit STC 74 LARGE FONT -Transactions (2 co!) - NEWTRNH Page 34 • May 01, 2007 ~y 31, 2007 • Account Name : Tequesta General Employees Pension Account No :80105025 Transactions Date Description Income Principal Through Capital Institutional Services 05/04/2007 Purchased On 05/01/2007 170 Units -3,946.55 Danske Bank A/S-Unspons ADR 170 Units At $ 23.20 Per Unit Through Capital Institutional Services 05/04/2007 Purchased On 05/01/2007 148 Units -4,747.07 Cemex SA Spons Part Cer ADR 148 Units At $ 32.0598 Per Unit Through Capital Institutional Services 05/04/2007 Purchased On 05/01/2007 71 Units -4,014.06 Canon Inc Spons ADR 71 Units At $ 56.521 Per Unit Through Capital Institutional Services 05/04/2007 Purchased On 05/01/2007 51 Units -3,233.54 BT Group PLC Spons ADR 51 Units At $ 63.3876 Per Unit Through Capital Institutional Services 05/04/2007 Purchased On 05/01/2007 52 Units -3,215.94 British American Tobacco Spons ADR 52 Units At $ 61.83 Per Unit Through Capital Institutional Services 05/04/2007 Purchased On 05/01/2007 195 Units -4.022.54 Aegon N V - NY Reg Shr ADR 195 Units At $ 20.6134 Per Unit Through Capital Institutional Services 05/04/2007 Purchased On 05/01/2007 36 Units Petroleo Brasileiro SA-Spons ADR -3,206.10 36 Units At $ 89.0433 Per Unit Through Capital Institutional Services 05/04/2007 Purchased On 05/01/2007 134 Units Telecom Italia SpA Spons ADR -3 267 21 134 Units At $ 24.3672 Per Unit STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 35 May 01, 2007 T~ 31, 2007 • Account Name : Tequesta General Employees Pension Account No :80105025 Transactions Date Description Income ~'rincipal Through Capital Institutional Services 05/04/2007 Sold On 05/01/2007 94 Units 5,171.71 iShares MSCI Mexico 94 Units At $ 55.034 Through Capital Institutional Services 05/04/2007 Sold On 05/01/2007 322 Units 4,570.74 iShares MSCI Japan Index Fd 322 Units At $ 14.2101 Through Capital Institutional Services 05/04/2007 Sold On 05/01!2007 82 Units 6,451.83 iShares MSCI EAFE Index Fund 82 Units At $ 78.6971 Through Capital Institutional Services 05/04/2007 Sold On 05/01/2007 174 Units 7,031.25 iShares MSCI Austria Index 174 Units At $ 40.4251 Through Capital Institutional Services 05/04/2007 Sold On 05/01/2007 67 Units iShares MSCI Brazil 3,490.97 67 Units At $ 52.12 Through Capital Institutional Services 05/04/2007 Sold On 05/01/2007 189 Units iShares MSCI United Kingdom 4,676.63 189 Units At $ 24.7595 Through Capital Institutional Services 05/04/2007 Sold On 05/01/2007 148 Units iShares MSCI Sweden Index Fd 5,459.75 148 Units At $ 36.9058 Through Capital Institutional Services 05/04/2007 Sold On 05/01/2007 92 Units iShares MSCI South Korea Index 4,881.78 92 Units At $ 53.0787 S i L 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 3G • May 01, 2007 ~y 31, 2007 Account Name :Tequesta General Employees Pension • Account No :80105025 Transactions Date Description Through Capital Institutional Services 05/04/2007 Sold On 05/01/2007 114 Units iShares MSCI Netherlands Index 114 Units At $ 30.6966 Through Capital Institutional Services 05/04/2007 Sold On 05/01/2007 189 Units iShares MSCI Australia Index 189 Units At $ 27.1142 Through Capital Institutional Services 05/04/2007 Scheduled Cash Deposit Employer Contribution Received From :Village of Tequesta For payroll period ending 04/28/07 05/04/2007 Scheduled Cash Deposit Employee Contributions Received From :Village of Tequesta For payroll period ending 04/28/07 05/10/2007 Scheduled Cash Disbursement Wire Transfer Paid To :Village Of Tequesta Independent Community Bank ABA #067014440 AiC #0-838-3 05/t0i2007 Reversal of Sell On 01/24/2007 -0.56 Units New Ireland Fund Inc -0.56 Units At $ -31.091261 Reversing Tran #4010268 On 01/25!2007 Reversed to allocate cost value 05/10/2007 Reversal of Sell On 04/26/2007 -99 Units New Ireland Fund Inc -99 Units At $ -37.6902 Through Capital Institutional Services Reversing Tran #4235593 On 05/01/2007 STC 74 LARGE FONT - Transacfrons (2 co!) - NEWTRNH Yncorne Principal 3,497.64 5,121.66 4,545.24 2,819.63 4, 500.00 -17.41 -3,729.78 Page 37 • May 01, 2007 T~ 31, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Transactions Date Description Income Principal Reversed to allocate cost value 05/10/2007 Reversal of Sell On 04/27/2007 -53 Units -1,955.64 New Ireland Fund Inc -53 Units At $ -36.9146 Through Capital Institutional Services Reversing Tran #4240241 On 05/02/2007 Reversed to allocate cost value 05/10/2007 Reversal of Stock Split/Dividend On 12128/2006 New Ireland Fund Inc Units Received -11.56 New Share Value Is 152.56 05/10/2007 Free Receipt 11.56 Units New Ireland Fund Inc Per optional dividend effective 11/10/06 05!10/2007 Sold On 01/24/2007 0.56 Units 17.41 New Ireland Fund Inc 0.56 Units At $ 31.089286 Received cash in lieu of New Ireland Fund Inc fractional shares 05/10/2007 Sold On 04/26/2007 99 Units 3 729 78 New Ireland Fund Inc 99 Units At $ 37.6902 Through Capital Institutional Services 05/10/2007 Sold On 04/27/2007 53 Units 1,955.64 New Ireland Fund Inc 53 Units At $ 36.9146 Through Capital Institutional Services 05/1512007 Interest 275.00 U S Treasury Note 5.500% 05/15/09 Payable On 05/15/2007 Received On 10000 Units S TC 74 LARGE FONT -Transactions (2 colt - NEWTRNH Page 38 • Account Name : May 01, 2007 ~y 31, 2007 Tequesta General Employees Pension • Account No :80105025 Transactions Date Description gncome Principal 05.115/2007 Interest 147.50 Bank One Corp 5.900% 11;15/11 Payable On 05/15/2007 Received On 5000 Units 05/15/2007 Interest 115.63 Avon Products 4.625% 05/15/13 Payable On 05/15/2007 Received On 5000 Units 05/15/2007 Interest 128.13 U S Treasury Note 5.125°,'° 05/15/16 Payable On 05/15!2007 Received On 5000 Units 05/15/2007 Mortgage Backed -Other Pass Through Principal 221 67 On 05/15/2007 FHLMC Gold Pool #C90978 6.000% 07/01/26 05/15/2007 Mortgage Backed -Other Pass Through Interest 69.25 FHLMC Gold Pool #C90978 6.000% 07/01/26 Payable On 05/15/2007 Received On 13850.87 Units Principal Balance Reduction of 221.670000 05/1512007 Mortgage Backed -Other Pass Through Principal 190.43 On 05/15/2007 FHLMC Gold Pool #C90939 5.500°ia 12;01/25 05/15/2007 Mortgage Backed -Other Pass Through Interest 60.36 FHLMC Gold Pool #C90939 5.500% 12/01/25 Payable On 05/15!2007 Received On 13169.11 Units Principal Balance Reduction of 190.430000 STC 74 LARGE FONT • Transactions (1 col) - NEWTRNH Page 39 • May 01, 2007 T~ 31, 2007 Account Name :Tequesta General Employees Pension • Account No :80105025 Transactions Date Description Income lP~-incipal 05/16/2007 Interest 121.88 FHLMC 4.875% 11/15/13 Payable On 05/15/2007 Received On 5000 Units 05/21/2007 Dividend 39.00 Payable On 05/19/2007 Caterpillar Inc 130 Shares At 0.30 05!21/2007 Scheduled Cash Deposit 4,548.76 Employer Contribution Received From :Village of Tequesta For payroll period ending 05/12/07 05/21/2007 Scheduled Cash Deposit 2,821.81 Employee Contributions Received From :Village of Tequesta For payroll period ending 05/12/07 05/22/2007 Purchased On 05/17/2007 14223.27 Units -14.109.93 FHLMC Gold Pool #C90983 5.500% 08/01/26 14223.27 Units At $ 99.203125 Per Unit Through First Tennessee Bank Natl Assn 05/22/2007 Purchase Accrued Interest -45.63 FHLMC Gold Pool #C90983 5.500% 08/01/26 To 05/22/2007 05/25/2007 Dividend 43.00 Payable On 05/25/2007 Eaton Corp 100 Shares At 0.43 05/25/2007 Dividend 91.80 Payable On 05/25/2007 Citigroup Inc 170 Shares At 0.54 STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 40 • May 01, 2007 ~y 31, 2007 Account Name :Tequesta General Employees Pension • Account No :80105025 Transactions Date Description Income Principal 05/25!2007 Mortgage Backed -Other Pass Through Principal On 05/25/2007 FNMA Pass Thru Pool #884093 6.000% 05/01/36 05/25/2007 Mortgage Backed -Other Pass Through Interest FNMA Pass Thru Pool #884093 6.000% 05/01136 Payable On 05/25/2007 Received On 13792.73 Units Principal Balance Reduction of 186.900000 05!30/2007 Dividend Payable On 05/30/2007 CIT Group Inc 180 Shares At 0.25 05/30/2007 Scheduled Cash Disbursement Wire Transfer Paid To :Village Of Tequesta Independent Community Bank ABA #067014440 A/C #0-838-3 Short Term Investment Summary 05/01/2007 To 05/31/2007 8 Purchase(s) For 4 Sale(s) For * * * Brldin~ Balances * * `~ 186.90 68.96 45.00 1.000.00 0.00 -25,151.19 0.00 38,488.35 $ 0.00 ~ 0.00 S TC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 41 • Account Name : Tequesta General Employees Pension Gain (Loss) On Sale Of Assets May 01, 2007 T~ 31, 2007 Prior Period Ending Market Value (Aggregate Cost Basis) • Account No :80105025 Proceeds Gain/(Loss) Central Europe & Russia Fund 1,690.26 1,763.65 'r3 39 Sold 33 Shares At 53,46 Per Share, Less Expenses Trade Date :04/26/2007 Settlement Date :05/01/2007 Broker: Capital Institutional Services Central Europe & Russia Fund 3,943.94 4,015.13 71.19 Sold 77 Shares At 52.16 Per Share, Less Expenses Trade Date :04/27/2007 Settlement Date :05/02/2007 Broker: Capital Institutional Services Federated Treasury Obligations Fund 38,488.35 38,488.35 0.00 The Amount Shown Is The Net Of Withdrawls For The Entire Period FHLMC Gold Pool #C90939 5.500% 12/01/25 189.56 190.43 0.87 FHLMC Gold Pool #C90978 6.000% 07/01/26 224.43 221.67 -2.76 FNMA Pass Thru Pool #884093 6.000% 05!01/36 188.36 186.90 -1.46 iShares MSCI Australia Index 5,120.01 5,121.66 1.65 Sold 189 Shares At 27.11 Per Share, Less Expenses Trade Date :05/01/2007 Settlement Date 05/04!2007 Broker. Capital Institutional Services iShares MSCI Austria Index 7.047.00 7,031.25 15]5 Sold 174 Shares At 40,43 Per Share, Less Expenses Trade Date : 05!01;2007 Settlement Date : 05!04/2007 Broker. Capital Institutional Services iShares MSCI Brazil 3,521.52 3,490,97 -30 55 Sold 67 Shares At 52.12 Per Share, Less Expenses Trade Date :05101/2007 Settlement Date : 05!04/2007 Broker: Capital Institutional Services STC 74 EBR2GLS-Gain(Loss) on Sale of Asset Page 42 • Account Name : Tequesta General Employees Pension May 01, 2007 ~y 31, 2007 • Account No :80105025 Gain (Loss) On Sale Of Assets Prior Period Ending Market Value Proceeds Gain/(Loss) (Aggregate Cost Basis) iShares MSCI EAFE Index Fund 6,491.12 6.451.83 -39.29 Sold 82 Shares At 78 70 Per Share, Less Expenses Trade Date :05/01/2007 Settlement Date :05/04/2007 Broker: Capital Institutional Services iShares MSCI Japan Index Fd 4,598.16 4.570.74 -27.42 Sold 322 Shares At 14.21 Per Share, Less Expenses Trade Date :05/0112007 Settlement Date :05/04/2007 Broker: Capital Institutional Services iShares MSCI Mexico 5.201.96 5.171.71 -30.25 Sold 94 Shares At 55.03 Per Share, Less Expenses Trade Date :05/01/2007 Settlement Date :05/04/2007 Broker: Capital Institutional Services iShares MSCI Netherlands Index 3,498.66 3.497.64 -1.02 Sold 114 Shares At 30.70 Per Share, Less Expenses Trade Date :05101/2007 Settlement Date :05/0412007 Broker. Capital Institutional Services iShares MSCI South Korea Index 4,881.52 4,881.78 0.26 Sold 92 Shares At 53.08 Per Share, Less Expenses Trade Date :05/01/2007 Settlement Date 05/04/2007 Broker: Capital Institutional Services iShares MSCI Sweden Index Fd 5.487.84 5,459.75 -28.09 Sold 148 Shares At 36.91 Per Share, Less Expenses Trade Date :05/01 /2007 Settlement Date :05/04/2007 Broker: Capital Institutional Services iShares MSCI United Kingdom 4,696.65 4.676.63 -20.02 Sold 189 Shales At 24.76 Per Share, Less Expenses Trade Date :05/01/2007 Settlement Date :05!04/2007 Broker. Capital Institutional Services STC 74 EBR2GLS-Gain(Loss) on Sale of Asset Page 43 • May 01, 2007 T~ 31, 2007 • Account Name : Tequesta General Employees Pension Account No :80105025 Gain (Loss) On Sale Of Assets Prior Period Ending Market Value Proceeds Gain/(Loss) (Aggregate Cost Basis) Morgan Stanley India Investment Fund 3.956.94 4,141.37 184.43 Sold 89 Shares At 46.55 Per Share, Less Expenses Trade Date :04x26/2007 Settlement Date :05/01/2007 Broker: Capital Institutional Services New Ireland Fund Inc 22.30 17.41 -4.89 Sold 0.56 Shares At 31.09 Per Share, Less Expenses Trade Date : 01124!2007 Settlement Date :01/25/2007 Received cash in lieu of New Ireland Fund Inc fractional shares New Ireland Fund Inc 3,942.19 3.729.78 -212.41 Sold 99 Shares At 37.69 Per Share, Less Expenses Trade Date :04/26/2007 Settlement Date :05/01/2007 Broker: Capital Institutional Services New Ireland Fund Inc 3,561.03 3.729.78 168.75 Sold 99 Shares At 37.69 Per Share, Less Expenses Trade Date :04/26/2007 Settlement Date 05101/2007 Reversed By Tran #4252951 On 05!10/2007 Broker: Capital Institutional Services New Ireland Fund Inc 1,906.41 1.955.64 49.23 Sold 53 Shares At 36.91 Per Share, Less Expenses Trade Date ; 0412712007 Settlement Date :05/02/2007 Reversed By Tran #4252952 On 05110/2007 Broker: Capital Institutional Services New Ireland Fund Inc 2.110.46 1,955.64 154.82 Sold 53 Shares At 36.91 Per Share, Less Expenses Trade Date :04/27/2007 Settlement Date :05/02/2007 Broker: Capital Institutional Services Tolal Gain (Loss) Oii Salc.c 110,768.67 110,749.71 -18.96 STC 74 EBR2GLS-Gain(Loss) on Sale o(Asset Page 44 • Account Name : Tequesta General Employees Pension May 01, 2007 ~y 31, 2007 Account No :80105025 List Of Assets Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Gain/(Iaoss) (Aggregate Market Value) Pr-1Ce CASH Monev Market Funds Federated Treasury Obligations Fund 36418.97 Par Value Total Money Market Funds Fixed Income U S Government & Agencies FHLB Series 580 10000 Par Value FHLMC 10000 Par Value FHLMC 5000 Par Value FHLMC 10000 Par Value FHLMC 3000 Par Value FNMA 10000 Par Value FNMA 8000 Par Value FNMA 7000 Par Value FNMA 5000 Par Value o.oo 0 00 0 00 o.oo o.oo o.oo 36,418.97 1.00 36,418.97 0.00 36,418.97 36,418.97 0.00 4125% 10/19/2007 9.946.88 0.995938 9,959.38 12.50 5.750% 03/15!2009 10.153.13 1.00875 10,087.50 -65.63 4.875°/ 11/15/2013 4,996.88 0.980938 4,904.69 -92.19 5.750°/a 04/15/2008 10,059-38 1.003438 10,034.38 -25.00 4.500% 01115x2013 2.945.63 0.965627 2,896.88 -48.75 5.250% 01/15/2009 10.059.38 0.999688 9,996.88 -62.50 5,000% 04/15/2015 8,042.50 0.987188 7,897.50 -145.00 5.500% 03/15/2011 7,161.88 1.010626 7,074.38 -87.50 4.750% 12/15/2010 4,992.19 0.987188 4,935.94 -56 25 STC 74 EBR2LOA-List of Assets Page 45 • May 01, 2007 T~ 31, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 List Of Assets Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Cain/(Loss) (Ag~rc~ate Market Value) P~~1Ce FNMA 5.375% 08/15!2009 10,118.75 1004375 10,043.75 -75.00 10000 Par Value FNMA 5.000% 10/15/2011 10,065.63 0.992813 9.928.13 137.50 10000 Par Value U S Treasury Nole 4.625% 02/15/2017 14,990.63 0.978437 14.676.56 -314 07 15000 Par Value U S Treasury Note 4.625% 10/31/2011 10.043.75 0.990938 9.909.38 134.37 10000 Par Value U S Treasury Note 5.125% 05115!2016 5,182.81 1.015626 5,078.13 -104.68 5000 Par Value U S Treasury Note 4.250% 10!1.5/2010 14,882.81 0 981875 14,728.13 -154.68 15000 Par Value U S Treasury Note 4.250% OSi15/2013 9,853.13 0.969375 9,693.75 -159.38 10000 Par Value U S Treasury Note 4.000% 09/30/2007 9,959.38 0.997188 9.971.88 12.50 10000 Par Value U S Treasury Note 4.125% 08/15/2008 19,83L25 0.989375 19,787.50 -43.75 20000 Par Value U S Treasury Note 4.250% 08/15/2015 4.876.56 0,95625 4,781.25 -95.31 5000 Par Value U S Treasury Note 5.500°rh 05/1512009 10,175.00 1.010938 10,109.38 -65.62 10000 Par Value Total U S Government & Agencies 188,337.55 186,495.37 -1,842.18 Corporate Obligations Avon Products 4.625% 05/15/2013 4,812.05 0.946866 4,734.33 -77.72 5000 Par Value Bank One Corp 5.900% 11/15/2011 5.140-56 1 01812 5.090.60 -49.96 5000 Par Value Capital One Bank 5.750% 09/15/2010 5,075.63 1.604108 5,020.54 -55 09 5000 Par Value STC 74 ESR2LOA-List of Assets Page 46 • Account Name : Tequesta General Employees Pension List Of Assets May 01, 2007 ~y 31, 2007 Prior Period Ending Market Value (A~gre~ate Markef Valuc) Current Current Market Unit Market Value Price • Account No :80105025 Unrealized Gain/(Loss) Carolina Power & Light 6.800% 0811512007 5,018.44 1.002016 5,010.08 -8.36 5000 Par Value CIT Group Inc Series MTN 4.750% 08/15/2008 4,964.42 0.991306 4,956.53 -7 89 5000 Par Value Countrywide Home Loan 5.625% 0711512009 5,021.93 1.000078 5,000.39 -21.54 5000 Par Value CSX Corp 6,250% 10/15/2008 5,065.26 1.008928 5,044.64 -20.62 5000 Par Value Deutsche Bank Financial 7.500% 04/25/2009 6,257.30 1.037937 6,227.62 -29 68 6000 Par Value Gannett Co 6.375°io 04/01!2012 5,214.11 1.02126 5,106.30 -107.81 5000 Par Value Goldman Sachs Group Inc 5.250% 10/15/2013 4,971.02 0.9818 4,909.00 -62.02 5000 Par Value Home Depot Inc 5.400% 03/01/2016 4,896.65 0.96284 4,814.20 -8245 5000 Par Value HSBC Finance Corp 5.250% 04/15/2015 4,936.98 0.967572 4,837.86 -99 12 5000 Par Value Intl Lease Finance Corp 5.000% 04!15/2010 4,988.59 0.988354 4,941.77 -46.82 5000 Par Value Kohls Corporation 6.300% 03/01/2011 5,193.48 1.02626 5,131.30 -62.18 5000 Par Value Lehman Brothers Hldgs MTN 5.000% 01/14/2011 4,969.64 0.983458 4.917.29 -52.35 5000 Par Value Lowe's Companies Inc 5.000% 10!15/2015 4,853.91 0.954764 4,773.82 -80.09 5000 Par Value SLM Corp Series MTN 5.125% 08/27/2012 4,669.18 0.918694 4,593.47 -75.71 5000 Par Value Target Corp 5.375% 06/15/2009 5,041.94 0.999968 4,999 84 -42.10 5000 Par Value STC 74 EBR2LOA-List o/Assets Page 47 • Account Name : Tequesta General Employees Pension May 01, 2007 T~ 31, 2007 • Account No :80105025 List ®f Assets Prior Period Ending M:~rket Value ('Aggregate M~rkct Value) Cw•rent Market unit pl-ICQ Current Market Value Unrealized Gain/(Loss) Wachovia Bank NA 5.600`;% 03115/2016 5,062.34 0.995798 4,978.99 -83.35 5000 Par Value Washington Mutual Inc 5.500% 08/24/2011 5.018.56 0.994714 4,973.57 -44.99 5000 Par Value Total Corporate Obligations 101,171.99 100,062.14 -1,109.85 Govt MBS/CMOIABS FHLMC Gold Pool #C90939 5.500% 12/01/2025 12,919.05 0.983055 12,758.75 -160.30 12978.68 Par Value FHLMC Gold Pool #C90978 6.000% 07/01/2026 13,799.01 1.003973 13,683.35 -115.66 13629.2 Par Value FHLMC Gold Pool #C90983 5.500% 08/01/2026 14,109.93 0.982169 13,969.65 -140.28 14223.27 Par Value FNMA Pass Thru Pool #884093 6.000% 05/01/2036 13,711.78 0.99926 13.595.76 -116.02 13605.83 Par Value Total Govt MBS/CMO/ABS 54,539.77 54,007.51 -532.26 Equity Equity Aegon N V - NY Reg Shr ADR 4,022.54 20.45 3.987.75 -34.79 195 Shares Allstate Corp 10,282.80 61.50 10,147.50 -135.30 165 Shares Alma Group Inc 7,925.80 71.10 8,176.50 250.70 115 Shares American Capital Strategies 10,466.20 48.43 10.412.45 -53.75 215 Shares Amgen Inc 9.621.00 56,45 8,467.50 1,153 50 150 Shares Applied Materials Inc 9,610.00 19.10 9,550,00 -60.00 500 Shares STC 74 EBR2LOA-List of Assets Page 48 May 01, 2007 ~y 31, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 List Of Assets Prior Period Current Current L?n realized Ending 11~1arket Value Market unit Market Value Gain/(Loss) (A~gre~ate Market Value) Price AT&T Inc 8.905.60 41.34 9.508.20 60260 230 Shares Bank of America Corp 9,365.60 50.71 9,330.64 -34.86 184 Shares Bear Stearns Co Inc 10,276.20 149.96 9,897.36 -378.84 66 Shares Becton Dickinson & Co 8.655.90 76.25 8.387.50 -268.40 110 Shares British American Tobacco Spons ADR 3,215.94 68.08 3,540.16 324.22 52 Shares BT Group PLC Spons ADR 3,233.54 65.35 3,332.85 99.31 51 Shares Burlington Northern Santa Fe Corp 9,629.40 93.13 10,244.30 614.90 110 Shares Cadence Design Sys Inc 9,324.00 22.71 9,538.20 214.20 420 Shares Canon Inc Spons ADR 4,014.06 58.86 4,179.06 165.00 71 Shares Caterpillar Inc 9,440.60 78 58 10,215.40 774.80 130 Shares Cemex SA Spons Part Cer ADR 4,747.07 38.88 5,754.24 1,007.17 148 Shares Cisco Systems Inc 9,.359.00 26.92 9,422.00 63.00 350 Shares CIT Group Inc 10,737.00 59.93 10,787.40 50.40 180 Shares Citigroup Inc 9,115 40 54.49 9,263.30 147.90 170 Shares Citrix Systems Inc 9.128.00 33.61 8,410.80 282.80 280 Shares STC 74 EBR2LOA-List of Assets Page 49 • Account Name : Tequesta General Employees Pension List Of Assets May 01, 2007 To•31, 2007 • Account No :80105025 Prior Period Cun-ent Current Unrealized Ending Market Value Market Unit Market Value Gain/(Loss) (Aggregate Market Value) Pr-Ce ConocoPhillips 120 Shares Danske Bank A/S Unspons ADR 170 Shares E ON AG Spons ADR 80 Shares Eaton Corp 100 Shares Endurance Specialty Holdings 86 Shares Ensco International Inc 125 Shares Exxon Mobil Corp 110 Shares Fiserv Inc 149 Shares General Mills Inc 160 Shares Harris Corp 185 Shares Hartford Financial Svcs Grp 102 Shares Intel Corp 460 Shares International Business Machines Corp 90 Shares Johnson & Johnson 109 Shares Johnson Controls Inc 105 Shares 8,322.00 77.43 9,291.60 969. 60 3,946 55 21.791 3.704.47 -242. 08 3,941.34 54.84 4,387.20 445. 86 8,921.00 93.74 9,374.00 453. 00 3,221.03 39.83 3,425.38 204. 35 7,047.50 60.57 7,571.25 523. 75 8,731.80 83.17 9,148.70 416. 90 7,922.33 59 25 8,828.25 905. 92 9,584.00 6124 9,798.40 214. 40 9,499.75 49.92 9,235.20 -264. 55 10,322.40 103.17 10,523.34 200. 94 9,890.00 22.18 10.202,80 312. 80 9,198.90 106.60 9.594.00 395. 10 6,999.98 63.27 6,896.43 -103. 55 10,744.65 109 70 11,518.50 773. 85 STC 74 EBR2LOA-List o/Assets Page 50 • May 01, 2007 ~y 31, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 List Of Assets Prior Period Cw•rent Current Unrealized F,ndinfi Market Value Market Unit Market Value (Gainl(Loss) (Aggregate Market Valuc) Prtee JP Morgan Chase & Co 10,003.20 51.83 9,951 36 -51.84 192 Shares Kimberly-Clark Corp 9,607.95 70.96 9,579.60 -28.35 135 Shares Koninklijke Ahold NV Sports ADR 3.216.90 12.50 3.162.50 -54.40 253 Shares Kraft Foods Inc A 2,075.14 33.84 2,098.08 22.94 62 Shares KT Corp Sports ADR 3,211.27 24.03 3.412.26 200.99 142 Shares Limited Brands 1G,476 60 26.25 9.975.00 -501.60 380 Shares Lockheed Martin Corp 8,652.60 98.10 8.829.00 176.40 90 Shares Marathon Oil Corp 11,068.95 123.81 13,495.29 2,426.34 109 Shares Marks & Spencer plc ADR 3.236.94 82.961111 2.986.60 -250.34 36 Shares McKesson HBOC Inc 8,236.20 63,13 8.838.20 602.00 140 Shares Metl.ife Inc 9,789.30 68.00 10,132.00 342.70 149 Shares Nordstrom Inc 10,434.80 51.93 9,866.70 -568.10 190 Shares NTT DoCoMo Inc Sports ADR 4,131.18 17.07 4,028.52 -102.66 236 Shares Parker-Hannifn Corp 9,214.00 101.36 10.136.00 922.00 100 Shares Penney (JC) Co Inc 9,490.80 80.48 9.657.60 166.80 ~3n Sh,~rG STC 74 E8R2LOA-List of Assets Page 51 • Account Name : Tequesta General Employees Pension List Of Assets Pepsi Bottlrng Group Inc 260 Shares Petroleo Brasileiro SA Spons ADR 36 Shares Pfizer Inc 330 Shares PPG Industries Inc 110 Shares PPL Corp 210 Shares Praxair Inc 120 Shares SAFECO Corp 150 Shares Sanof-Aventis SA ADR 88 Shares Sempra Energy 160 Shares SUPERVALU Inc 210 Shares Telecom Italia SpA Spons ADR 134 Shares Telefonos de Mexico SA Spons ADR 119 Shares Toyota Motor Corp Spons ADR 34 Shares United Technologies Corp 128 Shares Valero Energy Corp 130 Shares May 01, 2007 T~ 31, 2007 Prior Period Ending Market Value (,1~grc~atc Markcl Value) 8.530.60 3,206.10 8.731.80 Current Current M~rrket Unif iVIarket Valuc Price 34.99 9,097.40 95.88 3,451.68 27.49 9.071.70 8.094.90 9,158.10 7.746.00 10.011.00 4,029.08 10,156.80 9,639.00 3,267.21 4,023.41 76.19 45.96 68 09 62.75 48.10 61.32 47.64 23.20 40.44 8,380.90 9,651.60 8,170.80 9,412.50 4,232.80 9,811.20 10.004.40 3,108.80 4,812.36 4,118.36 120 76 4,105.84 8.592.64 70.55 9,030.40 9,129.90 74.62 9, 700.60 • Account No :80105025 Unrealized Gain/(Loss) 566 80 245.58 339.90 286.00 493.50 424.80 598.50 203.72 345.60 365.40 158-41 788.95 12.52 437.76 ,`i70.70 STC 74 EBR2LOA-List o(Assets Page 52 Account N•: Te uesta General Em to ees Pension q P Y List Of Assets May 01, 2007 ~y 31, 2007 Prior Period Ending Market Value (A~~re~alc Market V~luc) Current Current 1Vlarket Unit n'iarket Value Price Account N•105025 Unrealized C:aini(Loss) Verizon Communications Inc 9,163.20 43.53 10,447.20 1.284.00 240 Shares VF Corp 10,273.77 93.78 10.972.26 698.49 117 Shares Wachovia Corp 9,997.20 54.19 9,754.20 -243.00 180 Shares Wellpoint Inc 10,266.10 81.41 10,583.30 317.20 130 Shares Wolseley plc ADR 4,074.02 26.15 4,367.05 293.03 167 Shares Woori Finance Holdings ADR 3,250.80 71.08 3,056.44 -194.36 43 Shares Wyeth 8.269.50 57.84 8,618.16 348.66 149 Sf~ares XTO Energy Inc 7,055.10 58.01 7,541.30 486.20 130 Shares Yara International ADR 3,255.44 28.951 3,184.61 -70.83 110 Shares Zurich Financial Svcs ADR 3,239.54 30.580991 3,394 49 154 95 111 Shares Total Equity 579,494.28 597,163.33 17,669.05 T07;4L INVESTMENTS MARKET I~ALUF, 959,962.56 974,147.32 14,184.76 TOTAL ACCRUF,D INCOME 4,797.03 x,797.03 NF.7 ASSCT,S 964,759.59 978,944.35 14,184.76 STC 74 EBR2LOA-List o/Assets Page 53 • Account Name : Tequesta General Employees Pension Brokerage Commissions Broker Name Capital Institutional Services Capital Institutional Services Tnial May 01, 2007 T~ 31, 2007 Non-Directed No. of Trades Commission Amt 38 60.55 2 2 20 40 62.84 • Account No :80105025 Directed No. of Trades Commission Amt 0 0 00 0 0.00 0 0.00 S TC 74 EBRIBRC•Broker Commissions Page 54 SALEM TR~T COMPANY Staterr><ent ®f Acco>la>nt June 1, 2007 Through June 30, 2007 Salem Trust Company As Custodian For Village Of Tequesta General Employees Pension Plan Account Number :80105025 ACCOUNT MANAGER Karen Russo 954-426-5770 Confidential And Privileged Information Village Of Tequesta Attention: Lori McWilliams 345 Tequesta Drive Tequesta, FL 33469-0273 • June 01, 2007 T•e 30, 2007 Account Name : Tequesta General Employees Pension Net Asset Summary • Account No :80105025 Net Assets Beginning 06/01/2007 $ 978,944.35 1.0 Summary Of Receipts 1.1 Cash Contributions 75,61;.76 1.~ - 1 q Earnings from Investments q,g,g ~2 Total Receipts 27,620.28 2.0 Summary Of Disbursements 2 1 Distribution Of Bene(Its 0.00 2.2 Other Distributions 1,000.00 2 3 Administration Expenses 0.00 24 Other Expenses _g 95 Total Disbursements -1,009.95 3.0 Changes In Net Assets 3.1 Unrealized Gain (Loss) -12.807. i0 3.2 - 3 3 Changes In Investments 0 DO 3 4 Gain (Loss) On Sale of Assets Aggregate Proceeds 44.450.36 Less Aggregate Carry Value (Market Value) 45,421.71 Total GainlLoss -971.35 3 5 Accrued Income -Interest 4,335.38 3 6 Accrued Income -Dividend 1,002.29 Total Accrued Income 5,337.67 Less' Prior Accrued Income q ;97.~J Total Changes In Net Assets -13,237.81 Net Assets Ending 06/30/2007 $ 992,316.87 STC 74 EBR2NAS-Net Asset Summary Page 2 • June 01, 2007 T~e 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Changes In Investments Investments Acquired Federated Treasury Obligations Fund The Amount Shown Is The Net Of Deposits For The Entire Period Becton Dickinson 8 Co Purchased 20 Shares At 74.7505 Per Share Trade Date :06/12/2007 Settlement Date :06/15/2007 Broker: Lynch Jones & Ryan Best Buy Co Inc Purchased 180 Shares At 47.7796 Per Share Trade Date 06/12/2007 Settlement Date :06/15/2007 Broker: Lynch Jones & Ryan Johnson & Johnson Purchased 41 Shares At 62.12 Per Share Trade Date :06/12/2007 Settlement Date :06/18/2007 Broker: Lynch Jones & Ryan Lockheed Martin Corp Purchased 10 Shares At 95.6074 Per Share Trade Date : G6/12l2007 Settlement Date :06/15/2007 Broker. Lynch Jones & Ryan Microsoft Corp Purchased 40 Shares At 29.9767 Per Share Trade Date :06/12/2007 Settlement Date 06/15/2007 Broker: Lynch Jones & Ryan Morgan Stanley Purchased 20 Shares At 87.7829 Per Share Trade Date :06/12/2007 Settlement Date :06115/2007 Broker Lynch Jones & Ryan Mylan Laboratories Purchased 290 Shares At 18.5923 Per Share Trade Date :06/12/2007 Settlement Date 06/15/2007 Broker: Lynch Jones & Ryan Market Basis 2Q626 54 1.496.01 8,609.33 2,548.97 956, 57 1,201.07 1, 756.66 5,406.27 STC 74 EBR2CIA-Changes in Investments Page 3 • June 01, 2007 T~e 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Changes In Investments Investments Acquired U S Treasury Bill 07/05/07 Purchased 5000 Par Value At 99.8806 Trade Date :06120/2007 Settlement Date :06/25/2007 Broker: Mizuho Securities USA US Bank NA 6.300% 02/04/14 Purchased 5000 Par Value At 102.905 Trade Date :06/20/2007 Settlement Date :06/25/2007 Broker: First Tennessee Securities Corp Wal-Mart Stores Inc Purchased SO Shares At 49.358 Per Share Trade Date ~ 06/12/2007 Settlement Date :06/15/2007 Broker. Lynch Jones & Ryan Waste Management Inc Purchased 230 Shares At 38.6901 Per Share Trade Date :06/12/2007 Settlement Dale :06/15/2007 Broker: Lynch Jones & Ryan Total Investments Acquired Market Basis 4,994.03 5,145.25 2,470.40 8,910.22 64,121.32 STC 74 EBR2CIA-Changes in Investments Page 4 • June 01, 2007 T•e 30, 2007 • Account Name : Tequesta General Employees Pension Account No :80105025 Changes In Investments Stock llividends Or Splits it'[arket Basis 06/2012007 Marathon Oil Corp Stock Split 94 To reflect 2 for 1 stock split 06/28/2007 Cemex SA Spons Part Cer ADR Stock Dividends 3.632 Per sock dividend at a rate of 1 new share for every 40J50966 old share as of record dale of 05110/07 Total S/oclc Dividends Ov Spirts 0.00 5TC 74 EBR2CIA-Changes in Investments Page 5 • June 01, 2007 T~ 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Earnings From Investments Interest Federated Treasury Obligations Fund 06/01 /2007 173.89 Symbol. 60934N872 173.89 Target Corp 5.375"/" 06/15/09 06/15/2007 Rate 2.6875 Payable 06/15/2007 On 5000.00 Par 134.38 Symbol: 87612EAJ5 134.38 SLM Corp Series MTN 5.125"/" 08/27/12 06/25/2007 Accrued Interest On Sate g3 gg Symbol: 78442FA84 83.99 FNMA 4.750"/" 12!15/10 06/15/2007 Rate 2.375 Payable 06/15/2007 On 5000.00 Par 118.75 Symbol: 31359MZL0 118.75 Home Depot Inc 5.400"/" 03/01/16 06/25/2007 Accrued Interest On Sale 85.50 Symbol: 437076AP7 85.50 FHLMC Gold Pool #C90939 5.500"/~~ 12/Ol/25 06/15/2007 Rate 0.45833333 Payable 06i15l2007 On 12978.68 Par 59.49 Symbol: 3128P7BG7 59.49 FNMA Pass Thru Pool #884093 6.000% 05/01/36 06/26/2007 Rate 0 5 Payable 06/25/2007 On 13605.83 Par 68 03 Symbol: 31410BGA6 STC 74 EBR2EFI-Earnings from Investments Page 6 June 01, 2007 T~ 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Earnings From Investments Interest 68.03 FHLMC Gold Pool #090978 6.000% 07/01/26 06/15/2007 Rate 0,5 Payable 06/15/2007 On 13629.20 Par 68.15 Symbol: 3128P7CP6 FHLMC Gold Pool #090983 5.500% 08/01/26 06/19/2007 Rate 0.45833333 Payable 06/15/2007 On 14223.27 Par 65.19 Symbol: 3128P7CU5 liS Bank NA 6.300^/~ 02/04/14 06125/2007 Accrued Interest On Purchase -123.38 Symbol 90333WAB4 68.15 65.19 -123.38 Tofa[ Interest 733.99 STC 74 EBR2EFl-Earnings from Investments Page 7 • June 01, 2007 T~e 30, 2007 Account Name : Tequesta General Employees Pension Earnings From Investments Dividends AccountN •105025 Applied Materials Inc 06/07/2007 500 Shares At 0.06 Per Share 30.00 Symbol: 038222105 30.00 Bank of America Corp 06/22/2007 184 Shares At 0.56 Per Share 103.04 Symbol: 060505104 103.04 Becton Dickinson & Co 06!29%2007 110 Shares At 0.245 Per Share 26.95 Symbol: 075887109 26.95 ConocoPhillips 06/01/2007 120 Shares At 0.41 Per Share 49.20 Symbol: 208250104 49.20 Ensco International Inc 06/22/2007 125 Shares At 0.025 Per Share 3.13 Symbol: 26874Q100 3.13 Exxon Mobil Corp 06/11/2007 110 Shares At 0.35 Per Share 38.50 Symbol: 302316102 38.50 Harris Corp 06/13/2007 185 Shares At 0.11 Per Share 20.35 Symbol: 413875105 20.35 STC 74 ESR2EF1-Earnings from lnvesiments Page 8 • Account Name : Tequesta General Employees Pension Earnings From Investments Dividends Intel Corp 06/01/2007 460 Shares At 0.1125 Per Share Symbol: 458140100 International Business Machines Corp 06/11/2007 90 Shares At 0.4 Per Share Symbol: 459200101 June 01, 2007 Ta~ 30, 2007 51.75 51.75 36.00 36.00 Johnson & Johnson 06/1212007 109 Shares At 0.415 Per Share Symbol: 478160104 45.24 45.24 Johnson Controls Inc 06/29!2007 105 Shares At 0.33 Per Share Symbol, 478366107 34.65 34.65 Limited Brands 06;1512007 380 Shares At 0.15 Per Share Symbol, 532716107 57.00 57.00 Lockheed Martin Corp 06/2212007 90 Shares At 0.35 Per Share Symbol: 539830109 31 50 31.50 Marathon Oil Corp 06!11/2007 109 Shares At 0.48 Per Share Symbol: 565849106 52.32 52.32 Account No :80105025 STC 74 EBR2EF1-Earnings from Investments Page 9 • June 01, 2007 T~ 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Earnings From Investments Dividends Nordstrom Inc 06/15/2007 190 Shares At 0.135 Per Share 25.65 Symbol: 655664100 25.65 Parker-Hannifin Corp 06/01/2007 100 Shares At 0.26 Per Share 26.00 Symbol: 701094104 26.00 Pepsi Bottling Group I nc 06129/2007 260 Shares At 0,14 Per Share 36.40 Symbol: 713409100 36.40 Pfiaer Inc. 06;05/2007 330 Shares At 0.29 Per Share 95.70 Symbol: 717081103 95.70 PPG Industries Inc 06/12/2007 110 Shares At 0.5 Per Share 55.00 Symbol: 693506107 55.00 Praxair Inc 06!15/2007 120 Shares At 0.3 Per Share 36.00 Symbo1:74005P104 36.00 SUPERVALU Inc 06/15/2007 210 Shares At 0.165 Per Share 34.65 Symboi 868536103 34.65 STC 74 EBR2EFI-Earnings from Investments Page 70 • Account Name : Tequesta General Employees Pension Earnings From Investments Dividends Telefonos de Mexico SA Spons ADR 06/29/2007 119 Shares At 0.207182 Per Share Symbol. 879403780 United Tecluiologies Corp 06/11/2007 128 Shares Al 0,265 Per Share Symbol: 913017109 Valero Enerl;y Corp 06/13/2007 130 Shares At 0.12 Per Share Symbol: 91913Y100 VF Corp 06/18/2007 117 Shares At 0.55 Per Share Symbol: 918204108 Wachovia Corp 06/15/2007 180 Shares At 0.56 Per Share Symbol. 929903102 Wveth 06/01/2007 149 Shares At 0.26 Per Share Symbol: 983024100 Yara International ADR 06/01/2007 11G Shares At 0.413052 Per Share Symbol: 984851204 Total Dividend June 01, 2007 To~ 30, 2007 24.65 33.92 15.60 64.35 100.80 38.74 45.44 24.65 33.92 15.60 64.35 100.80 38.74 45.44 1,212.53 • Account No :80105025 STC 74 EBR2EFl-Earnings from Investments Page 11 Account Name : Tequesta General Employees Pension June 01, 2007 T~e 30, 2007 • Account No :80105025 STC 7Q EBR2EFl-Earnings from Investments Page 12 • June 01, 2007 T~ 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Earnings From Investments Pooled Funds No Data Qualifies Total Ea~~nings Paid 1,946.52 STC 74 EBR2EFl-Earnings from Invesfinents Page 13 • Account Name : Tequesta General Employees Pension Earnings From Investments Accrued Inco-n e -Interest CSX Corp 6.250°~0 10/15/08 5000 Par Value At 0.0625 Par Symbol: 126408BR3 FNMA 4.750% 12/15/10 5000 Par Value At 0.0475 Par Symbol: 31359MZL0 Lehman Brothers H ldgs MTN 5.000% 01/14/11 5000 Par Value At 0.05 Par Symbol: 52517PD57 Deutsche Bank Financial 7.500% 04/25/09 6000 Par Value At 0.075 Par Symbol 251529AF0 Wachovia Bank NA 5.600% 03/15/16 5000 Par Value At 0.056 Par Symbol: 92976GAE 1 Countrywide Home Loan 5.625% 07/15/09 5000 Par Value At 0.05625 Par Symbol: 22237LMY5 Kohls Corporation 6.300%03/01/11 5000 Par Value At 0.063 Par Symbol: 500255AM6 Target Corp 5.375°6 06/15/09 5000 Par Value At 0.05375 Par Symbol: 87612EAJ5 June 01, 2007 T•e 30, 2007 65.10 9.90 115.28 81.25 81.67 128.91 104.13 11,20 • Account No :80105025 STC 74 EBR2AE1•Accrued Earnings Page 14 • June 01, 2007 T~e 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Earnings From Investments Accrued Income -Interest FNMA 5.000% 04;15/15 8000 Par Value At 0.05 Par 83.33 Symbol: 31359MA45 Bank One Corp 5.900% 11!15/11 5000 Par Value At 0.059 Par 3g gg Symbol: 06423AAO6 Carolina Power & Light 6.800% 08/15/07 5000 Par Value At 0.068 Par 127,50 Symbol: 144141CH9 FHLMC 4.875% 11/15/13 5000 Par Value At 0.04875 Par 3p.47 Symbol: 3134A4UK8 FHLMC 5.750°0 04/15/08 10000 Par Value At 0,0575 Par 119.79 Symbol: 3134A2DT2 Goldman Sachs Group Inc 5.250% 10/15/13 5000 Par Value At 0,0525 Par 54.69 Symbol: 38141 GDO4 U S Treasury Note 4.250% 08/15!13 10000 Par Value At 0.0425 Par 158.49 Symbol: 912828BH2 FNMA 5.500% 03!15/11 7000 Par Value At 0.055 Par 112.29 Symbol: 31359MHK2 STC 74 EBRIAEI-Accrued Earnings Page 15 • June 01, 2007 T•e 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Earnings From Investments Accrued Income -Interest FHLMC 4.500% 01/15/13 3000 Par Value At 0,045 Par 61.88 Symbol: 3134A4SA3 FNMA 5250% O1 /15/09 10000 Par Value At 0.0525 Par 240.63 Symbol: 31359MEK5 U S Treasury Note 5.500% 05/15/09 10000 Par Value At 0.055 Par 68.75 Symbol: 912827563 FNMA Pass Thru Pool #884093 6.000% 05/01/36 13432.04 Par Value At 0.06 Par 64.92 Symbol: 31410BGA6 Federated Treasury Obligations Fund 54437.86 Par Value At 0.0458 Par 189.60 Symbol: 60934N872 FHLMC Gold Pool #C90983 5.500% 08/01/26 14113.25 Par Value At 0.055 Par 62.53 Symbol: 3128P7CU5 US Bank NA 6.300% 02/04/14 5000 Par Value At 0.063 Par 127.75 Symbol: 90333WAB4 U S Treasury Note 4.625% 02/15/17 15000 Par Value At 0.04625 Par 258.72 Symbol: 912828GH7 STC 74 EBR2AE1-Accrued Earnings Page 16 • Account Name : Tequesta General Employees Pension Earnings From Investments Accrued Income -Interest June 01, 2007 T~ 30, 2007 • Account No :80105025 U S Treasury Note 4.625% 10/31!11 10000 Par Value At 0.04625 Par 76.66 Symbol: 912828FW5 FNMA 5.000% 10/15/11 10000 Par Value At 0.05 Par 104.17 Symbol; 31359MZ30 Intl Lease Finance Corp 5.000% 04/15/10 5000 Par Value At 0.05 Par 52.08 Symbol: 459745FP5 FHLMG Gold Pool #C90939 5.500% 12/01/25 12800.86 Par Value At 0.055 Par 56.71 Symbol: 3128P7BG7 U S Treasury Note 5.125°i~ 05/15/16 5000 Par Value At 0.05125 Par 32.03 Symbol: 912828FF2 FHLMC Gold Pool #C90978 6.000%07%01/26 13459.87 Par Value At 0.06 Par 65.06 Symbol: 3128P7CP6 FNMA 5.375% 08!15/09 10000 Par Value At 0.05375 Par 201 .56 Symbol: 31359MU68 Washington Mutual Inc 5.500% 08/24/11 5000 Par Value At 0.05500082 Par 96.25 Symbol: 939322AX1 STC 74 EBR2AEl-Accrued Earnings Page 17 • June 01, 2007 T~e 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Earnings From Investments Accrued Income -Interest U S Treasury Note 4.125% 08/15/08 20000 Par Value At 0,04125 Par 307.67 Symbol: 912828EC0 U S Treasury Note 4.250% 08/15/15 5000 Par Value At 0.0425 Par 79.25 Symbol: 912828EE6 Avon Products 4.625% 05/15/13 5000 Par Value At 0.04625 Par 28.91 Symbol. 054303AQ5 FHLMC 5.750% 03/15/09 10000 Par Value At 0.0575 Par 167.71 Symbol: 3134A3EM4 U S Treasury Note 4.000% 09/30/07 10000 Par Value At 0.04 Par 99.45 Symbol. 912828EH9 Lowe's Companies Inc 5.000% 10/15/15 5000 Par Value At 0.05 Par 52.08 Symbol: 548661 CH8 HSBC Finance Corp 5.250% 04/15/15 5000 Par Value At 0.0525 Par 54.69 Symbol: 40429CCR 1 FHLB Series 580 4 125% 10/19/07 10000 Par Value At 0.04125 Par 81.35 Symbol: 3133XDCQ2 STC 74 EBR2AEl-Accrued Earnings Page 18 • June 01, 2007 T~ 30, 2007 Account Name : Tequesta General Employees Pension Account No : 0105025 Earnings From Investments Accrued Income -Interest U S Treasury Note 4.250% 10/15/10 15000 Par Value At 0.0425 Par Symbol: 912828EJ5 Capital One Bank 5.750% 09/15/10 5000 Par Value At 0.0575 Par Symbol: 14040EHH8 CIT Group Inc Series MTN 4.750% 08/15/08 5000 Par Value At 0.0475 Par Symbol: 125577AQ9 Gannett Co 6.375% 04/01112 5000 Par Value At 0.06375 Par Symbol. 364725AC5 Accrued Income - Irate~~est 132.38 83.85 89.06 78.80 4,335.38 STC 74 EBR2AEl-Accrued Earnings Page 19 • Account Name : Tequesta General Employees Pension Earnings From Investments Accrued Income -Dividends PPL Corp 210 Shares At 0.305 Per Share Symbol: 69351 7106 XTO Energy Inc 130 Shares At 0.12 Per Share Symbo1:98385X106 Marks & Spencer plc ADR 36 Shares At 0.736533 Per Share Symbol: 570912105 Kimberly-Clark Corp 135 Shares At 0.53 Per Share Symbol: 494368103 Allstate Corp 165 Shares At 0.38 Per Share Symbol: 020002101 Mylan Laboratories 290 Shares At 0.06 Per Share Symbol: 628530107 Burlington Northern Santa Fe Corp 110 Shares At 0.25 Per Share Sold 06/1 S/2007 Symbol. 121897104 Sempra Energy 160 Shares At 0.31 Per Share Symbo1:816851109 June 01, 2007 T~ 30, 2007 64 05 15.60 26.52 71.55 62.70 17.40 27.50 49.60 Account No :80105025 STG 74 EBR2AE1-Accrued Earnings Page 20 • Account Name : Tequesta General Employees Pension Earnings From Investments Accrued Income -Dividends Hartford Financial Svcs Grp 102 Shares At 0.5 Per Share Symbol: 416515104 American Capital Strategies 215 Shares At 0.91 Per Share Symbol: 024937104 Altria Group Inc 115 Shares At 0.69 Per Share Symbol. 02209S103 Koninklijke Ahold NV Spons ADR 253 Shares At 0.6799 Per Share Symbol: 500467303 McKesson HBOC Inc 140 Shares At 0.06 Per Share Symbol: 58155Q103 Cemex SA Spons Part Cer ADR 148 Shares At 0.942304 Per Share Symbol: 151290889 Endurance Specialty Holdings 86 Shares At 0.25 Per Share SymboC 630397106 Accrued Income -Dividends 7~otal Accrued Income June 01, 2007 T•e 30, 2007 • Account No :80105025 1,002.29 5,337.67 51.00 195.65 79 35 172.01 8 40 139.46 21.50 STC 74 E8R2AE1-Accrued Earnings Page 21 • June 01, 2007 ~e 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Balance Sheet As Of 06/Ol/2007 As Of 06/30/?007 Cost Value Market Value Cost. Value Market Value Cash And Receivables Cash Due From Broker Accrued Income Total Cash ,9nd Receivables Cash Equivalents Money Market Funds Total Cash Equivalents Fixed Income U S Government & Agencies Corporate Obligations Govt MBS/CMO/ABS Total Frxed Income Equity Equity Total Equity Total Holdings TOTAL ASSETS Pavables Due To Broker Total Payables TOTAL LIAI37LITIES Total Nel Asset Value Total Liabilities ,4nd Equity 0.00 0.00 6,939.37 6,939.37 0.00 0.00 0.00 0.00 4,797.03 4;797.03 5,337.67 5,337.67 4,797.03 4,797.03 12,277.04 12,277.04 36,418.97 36,418.97 54,437.86 54,437.86 36,418.97 36,418.97 54,437.86 54,437.86 188.352.00 186,495.37 193.346.03 191,003 15 102,613.83 100,062.14 97,820.83 95,493.05 53.786.95 54,007.51 53,164.00 52,990.71 344,752.78 340,565.02 344,330.86 339,486.91 497,369.91 597,163.33 503,080.17 586.115.06 497,369.91 597,163.33 503,080.17 586,115.06 878,541.66 974,147.32 901,848.89 980,039.83 883,338.69 978,944.35 914,125.93 992,316.87 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 o.oo o.oo o.oo o.oo 883,338.69 978,944.35 914,125.93 992,316.87 883,338.69 978,944.35 914,125.93 992,316.87 STC 74 EBR28LS-Balance Sheet Page 22 • June 01, 2007 T~e 30, 2007 Account Name : Tequesta General Employees Pension 0.00 6,939.37 36,418.97 54,437.86 36,418.97 61,377.23 0.00 186,495.37 191.003.15 -486.25 100,062.14 95,493.05 -306 67 54,007.51 52,990.71 -390.27 340,565.02 339,486.91 -1,183.19 597,163.33 586,115.06 -1 1.623.91 597,163.33 586,115.06 -11,623.91 Investment Summary Beginning Ending Investment Of Period Of Period Change Cash Equivalents Cash Money Market Funds Total Cash Equivalents Fixed Income U S Government & Agencies Corporate Obligations Govt MBS/CMO/ABS Total Fixed Income Equity Equity Total Equity Changes In Investment -Other Total Changes In Investment -Other Realiaed Gain/Loss On Sales Proceeds Less: Aggregate Carry Value (Market Value) Net Period Accruals Accrued Income Accrued Income Less: Prior Accrued Income Total Accrued Income 7ravestnrent Summary "Total Total Changes In Net Assets o.oo 44,450.36 45,421.71 • Account No :80105025 0.00 0.00 -971.35 4,797 03 5,337.67 5.337.67 4, 797.03 4,797.03 5,337.67 540.64 $ 978,944.35 $ 992,316.87 $ -13,237.81 STC 74 EBR2S01-Investment Summary Page 23 • June 01, 2007 T~ 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Summary of Receipts 1.1 Conh•ibutions Employer Contributions 15,844.60 Employee Contributions 9,829.16 Other Contributions 0.00 Tolal 25,673.76 Earnings From Investments 1 2 Interest 733.99 1.3 Dividends 1,212.53 1.4 Pooled Funds 0,00 Total 1,946.52 Total Receipts $ 27,620.28 Summary of Disbursements 2.1 Distribution Of Benefits Total 2.2 Other Distributions Wlre Transfer -1,000.00 Total 2.3 Adrninistration Expenses Fees And Commissions Total 2.4 Other Expenses Foreign Tax Withheld _g 82 Foreign Withholding Fee -3.13 0.00 1,000.00 0.00 S TC 74 EBR2SOR-Summary of Receipts Page 24 • June 01, 2007 T•e 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Summary of Disbursements Tota! Total Disburseme~:ts -9.95 -1,009.95 STC 74 EBRISOR-Summary of Receipts Paqe 25 • June 01, 2007 T~ 30, 2007 Account Name : Tequesta General Employees Pension Contributions Account No~105025 F,mployer Contribution 06/05/2007 Employer Contribution 7,045.34 For payroll period ending 05/26/07 06/15/2007 Employer Contribution 4,516.62 For payroll period ending 06/09/07 06/29/2007 Employer Contribution 4,282.64 For payroll period ending 06/23/07 Total Employer Contribution 15,844.60 Employee Contributions 06/05/2007 Employee Contributions 4.370.54 For payroll period ending 05/26/07 06/15/2007 Employee Contributions 2,801.89 For payroll period ending 06/09/07 06/29/2007 Employee Contributions 2,656.73 For payroll period ending 06/23/07 Total Employee Contributions 9,829.16 Total Cash Cnnh~ihutiofts 25,673.76 S TC 74 EBR2COR-Contributions 8 Other Receipts Page 26 • June 01, 2007 Tq~ 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Other Receipts No Data Qualifies S TC 74 EBR2COR-Contributions 8 Other Receipts Page 27 • June 01, 2007 ~e 30, 2007 • Account Name : Tequesta General Employees Pension Account No :80105025 Distribution ®f Benefits No Data Qualifies STC 74 EBR2DAE-Distribution 8 Expenses Page 28 • June 01, 2007~ne 30, 2007 • Account Name :Tequesta General Employees Pension Account No :80105025 Other Disbursements Wire Transfer 06/2912007 To : Village Of Tequesta Sun American Bank ABA #067013124 A/C #0-838-3 1.000.00 Tnlal 11''ire Transfer Total Other Dish~ihutinns -1,000.00 •1,000.00 STC 74 EBR2DAE-Distribution 8 Expenses Page 29 June 01, 2007 T~ 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Administrative Expenses No Data Qualifies STC 74 EBR2DAE-Distribution ~ Expenses Page 30 • June 01, 2007 T•e 30, 2007 Account Name : Tequesta General Employees Pension Other Expenses Foreign Tax Withheld 06/01/2007 To . -6,82 Yara International ADR Less :15.00% Norway Tax Tntul Foreign Tax Withheld -6.82 Foreign Withholding Fee 06/01 /2007 To Norway -2.20 Yara International ADR Yara International 2% ADR fee on dividend paid 05/31/07 06/0112007 To : Norway -0.33 Yara International ADR Yara International ADR 0.3°~o depositary services charge on dividend paid 05/31/07 06!29/2007 To . Mexico ADR -0.60 Telefonos de Mexico SA Spons ADR To reflect .5% ADR fee for Telefonos de Mexico SA 06/28107 .Total Foreign Withholding Fee -3.13 Total Other Expenses -9.95 • Account No :80105025 STC 74 EBR2DAE•Distribution 8 Expenses Page 31 • June 01, 200~une 30, 2007 • Account Name : Tequesta General Employees Pension Account No :80105025 Transactions Date Description Income Principal * * * Starling Baluncc,s 06/01/2007 Dividend Payable On 06/01/2007 Parker-Hannifin Corp 100 Shares At 0.26 06/01/2007 Dividend Payable On 06/01/2007 Wyeth 149 Shares At 0.26 06!01 /2007 Interest Federated Treasury Obligations Fund Payable On 05/31/2007 06/01/2007 Dividend Payable On 05/31/2007 Yara International ADR 110 Shares At 0.413052 06/01!2007 Foreign Tax Withholding Foreign Tax Withheld Related To Asset :Yara International ADR Less :15.00% Norway Tax 06/01/2007 Cash Disbursement Foreign Withholding Fee Paid To :Norway Related To Asset :Yara International ADR Yara International 2%ADR fee on dividend paid 05/31/07 06/01/2007 Cash Disbursement Foreign Withholding Fee Paid To :Norway Related To Asset :Yara International ADR Yara International ADR 0.3% depositary services charge on dividend paid 05/31/07 STC 74 LARGE FONT - Transactions (2 col) - NEWTRNH $ 0.00 $ 0.00 26.00 38.74 173.89 45.44 -6.82 -2.20 -0.33 Page 32 • June 01, 2007 T~ 30, 2007 Account Name :Tequesta General Employees Pension Account N • 05025 transactions Date Description Income Principal 06/01/2007 Dividend 49.20 Payable On 06/01 /2007 ConocoPhillips 120 Shares At 0.41 06/01/2007 Dividend 51.75 Payable On 06/01/2007 Intel Corp 460 Shares At 0.1125 06/05/2007 Dividend 95 70 Payable On 06/05/2007 Pfizerlnc 330 Shares At 0.29 06/05/2007 Scheduled Cash Deposit 7,045.34 Employer Contribution Received From :Village of Tequesta For payroll period ending 05/26/07 06/05/2007 Scheduled Cash Deposit 4,370.54 Employee Contributions Received From :Village of Tequesta For payroll period ending 05/26/07 06/07/2007 Dividend 30.00 Payable On 06/07/2007 Applied Materials Inc 500 Shares At 0.06 06/11/2007 Dividend 36.00 Payable On 06/09/2007 International Business Machines Corp 90 Shares At 0.40 STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 33 . June 01, 2007 T~ 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Transactions Date Description Income Principal 06/11/2007 Dividend 52.32 Payable On 06/11/2007 Marathon Oil Corp 109 Shares At 0,48 06/11/2007 Dividend 38.50 Payable On 06/11/2007 Exxon Mobil Corp 110 Shares At 0.35 06/1112007 Dividend 33.92 Payable On 06/10/2007 United Technologies Corp 128 Shares At 0.265 06/12/2007 Dividend 45.24 Payable On 06/12/2007 Johnson & Johnson 109 Shares At 0.415 06/12/2007 Dividend 55.00 Payable On 06/12/2007 PPG Industries Inc 110 Shares At 0.50 06113/2007 Dividend 20.35 Payable On 06/13/2007 Harris Corp 185 Shares At 0.11 06/13/2007 Dividend 15.60 Payable On 06/13/2007 Valero Energy Corp 130 Shares At 0.12 STC 74 LARGE FONT -Transactions (2 coQ - NEWTRNH Page 34 • June 01, 200~ne 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Transactions Date Description Income k'rincipal 06/15/2007 Dividend 57.00 Payable On 06/15/2007 Limited Brands 380 Shares At 0.15 06/15/2007 Dividend 25.65 Payable On 06/15/2007 Nordstrom Inc 190 Shares At 0.135 06/15/2007 Dividend 100.80 Payable On 06/15/2007 Wachovia Corp 180 Shares At 0.56 06/15/2007 Dividend 34.65 Payable On 06/15/2007 SUPERVALU Inc 210 Shares At 0.165 06/15/2007 Interest 134.38 Target Corp 5.375% 06/15/09 Payable On 06/15/2007 Received On 5000 Units 06/15/2007 Interest 1 18.75 FNMA 4.750% 12/15/10 Payable On 06/15/2007 Received On 5000 Units 06/15/2007 Dividend 36.00 Payable On 06/1 S/2007 Praxair Inc 120 Shares At 0.30 06/15/2007 Purchased On 06112/2007 290 Units -5,406.27 Mylan Laboratories 290 Units At $ 18.5923 Per Unit STC 74 LARGE FONT • Transactions (2 col) - NEWTRNH Page 35 • June 01, 2007 T~ 30, 2007 Account Name : Tequesta General Employees Pension Account No :80105025 Transactions Date Description Income ~'rincepa~ Through Lynch Jones & Ryan 06/15/2007 Purchased On 06/12/2007 50 Units -2,470.40 Wal-Mart Stores Inc 50 Units At $ 49.358 Per Unit Through Lynch Jones & Ryan 06/15/2007 Purchased On 06/12/2007 230 Units -8,910.22 Waste Management Inc 230 Units At $ 38.6901 Per Unit Through Lynch Jones & Ryan 06!15/2007 Purchased On 06/12/2007 10 Units -956 57 Lockheed Martin Corp 10 Units At $ 95.6074 Per Unit Through Lynch Jones & Ryan 06!15/2007 Purchased On 06/12/2007 40 Units -1,201.07 Microsoft Corp 40 Units At $ 29.9767 Per Unit Through Lynch Jones 8 Ryan 06/15/2007 Purchased On 06/12/2007 20 Units -1,756.66 Morgan Stanley 20 Units At $ 87.7829 Per Unit Through Lynch Jones & Ryan 06/15/2007 Purchased On 06/12/2007 20 Units -1,496.01 Becton Dickinson & Co 20 Units At $ 74.7505 Per Unit Through Lynch Jones & Ryan 06/15/2007 Purchased On 06/12/2007 180 Units -8,609.33 Best Buy Co Inc 180 Units At $ 47.7796 Per Unit Through Lynch Jones 8 Ryan 06/15/2007 Purchased On 06/12/2007 41 Units -2,548.97 Johnson & Johnson 41 Units At $ 62.12 Per Unit STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 36 June 01, 2007 T•e 30, 2007 • Account Name :Tequesta General Employees Pension Account No :80105025 Transactions Date Description Through Lynch Jones 8~ Ryan 06/15/2007 Sold On 06/12/2007 62 Units Kraft Foods Inc A 62 Units At $ 34.5036 Through Lynch Jones & Ryan 06/15/2007 Sold On 06/12/2007 380 Units Limited Brands 380 Units At $ 25.7009 Through Lynch Jones & Ryan 06/15/2007 Sold On 06/12/2007 15 Units Marathon Oil Corp 15 Units At $ 123.9949 Through Lynch Jones & Ryan 06/15/2007 Sold On 06/12/2007 110 Units Burlington Northern Santa Fe Corp 1 10 Units At $ 86.911 Through Lynch Jones & Ryan 06/15/2007 Sold On 06/12/2007 150 Units Amgen Inc 150 Units At $ 57.50 Through Lynch Jones & Ryan 06/15/2007 Scheduled Cash Deposit Employer Contribution Received From :Village of Tequesta For payroll period ending 06/09/07 06/15/2007 Scheduled Cash Deposit Employee Contributions Received From :Village of Tequesta For payroll period ending 06/09/07 06/15/2007 Mortgage Backed -Other Pass Through Principal On 06/15/2007 FHLMC Gold Pool #C90939 5.500% 12!01/25 STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Income Principal 2,136.08 9,747.19 1,859.14 9,554.56 8,617.36 4,516.62 2,801.89 177.82 Page 37 • June 01, 2007 T~ 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Transactions Date Description 06/15/2007 Mortgage Backed -Other Pass Through Interest FHLMC Gold Pool #C90939 5.500% 12/01/25 Payable On 06/15/2007 Received On 12978.68 Units Principal Balance Reduction of 177.820000 06/15/2007 Mortgage Backed -Other Pass Through Principal On 06/15/2007 FHLMC Gold Pool #C90978 6.000% 07!01/26 06/15/2007 Mortgage Backed -Other Pass Through Interest FHLMC Gold Pool #C90978 6.000% 07/01!26 Payable On 06/15/2007 Received On 13629.2 Units Principal Balance Reduction of 169.330000 06/18/2007 Dividend Payable On 06/18/2007 VF Corp 1 17 Shares At 0.55 06119/2007 Mortgage Backed -Other Pass Through Principal On 06/15/2007 FHLMC Gold Pool #C90983 5.500% 08/01/26 Income Principal 59.49 169.33 68.15 06/1912007 Mortgage Backed -Other Pass Through Interest FHLMC Gold Pool #C90983 5.500% 08/01/26 Payable On 06/15/2007 Received On 14223.27 Units Principal Balance Reduction of 110.020000 06/20/2007 Stock Split On 06/18/2007 Marathon Oil Corp Units Received 94 New Share Value Is 188 64.35 110.02 65.19 STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 38 June 01, 2007~ne 30, 2007 Account N e : Tequesta General Employees Pension • Account No :80105025 Transactions Date Description Tncome Principal 06/22/2007 Dividend 3150 Payable On 06/22/2007 Lockheed Martin Corp 90 Shares At 0.35 06/22/2007 Dividend 3.13 Payable On 06/22/2007 Ensco International Inc 125 Shares At 0.025 06/22/2007 Dividend 103.04 Payable On 06/22/2007 Bank of America Corp 184 Shares At 0.56 06/25/2007 Purchased On 06/20/2007 5000 Units -5,145.25 US Bank NA 6.300% 02/04/14 5000 Units At $ 102.905 Per Unit Through First Tennessee Securities Corp 06/25/2007 Purchase Accrued Interest -123.38 US Bank NA 6.300% 02/04/14 To 06!25/2007 06/25/2007 Purchased On 06/20/2007 5000 Units -4,994.03 U S Treasury Bill 07/05/07 5000 Units At $ 99.8806 Per Unit Through Mizuho Securities USA 06/25/2007 Sold On 06/20/2007 5000 Units Home Depot Inc 5.400% 03/01/16 4,699.20 5000 Units At $ 93.984 Through Morgan Keegan 06/2512007 Accrued Interest Received Home Depot Inc 5.400% 03/01/16 85.50 Par Value Of 5,000.00 SIG 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 39 June 01, 2007 ~e 30, 2007 Account Name : Tequesta General Employees Pension Transactions ---- - - Uate llescription • Account No :80105025 ---- ----- -- - - - Income .Principal 06/25/2007 Sold On 06/20/2007 5000 Units SLM Corp Series MTN 5.125% 08/27/12 4,458.75 5000 Units At $ 89.175 Through Morgan Keegan 06/25/2007 Accrued Interest Received SLM Corp Series MTN 5.125% 08/27/12 83 9c) Par Value Of 5,000.00 06/26/2007 Mortgage Backed -Other Pass Through Principal ' On 06/25/2007 17 3 79 FNMA Pass Thru Pool #884093 6.000% 05/01/36 06/26/2007 Mortgage Backed -Other Pass Through Interest FNMA Pass Thru Pool #884093 6.000% 05/01/36 68.03 Payable On 06/25/2007 Received On 13605.83 Units Principal Balance Reduction of 173.790000 06/28/2007 Stock Dividend On 06/07/2007 Cemex SA Spons Part Cer ADR Units Received 3.632 New Share Value Is 151.632 06/28/2007 Sold On 06/01/2007 3.632 Units Cemex SA Spons Part Cer ADR 139.47 3.632 Units At $ 38.400087 Received cash from sell per Cemex optional dividend expiration date 06/01/07 06/29/2007 Dividend Payable On 06/29/2007 34.65 Johnson Controls Inc 105 Shares At 0.33 06/29/2007 Dividend Payable On 06/29/2007 26.95 Becton Dickinson & Co 110 Shares At 0.245 S TC 74 LARGE FONT -Transactions (1 col) - NEWTRNH Page 40 • Account Name : June 01. 2007 T•e 30, 2007 Tequesta General Employees Pension • Account No :80105025 Transac tions Date Description Income Principal 06/2912007 Dividend 36.40 Payable On 06129/2007 Pepsi Bottling Group Inc 260 Shares At 0.14 06/29/2007 Scheduled Cash Disbursement -1,000.00 Wire Transfer Paid To :Village Of Tequesta Sun American Bank ABA #067013124 A/C #0-838-3 06/29/2007 Dividend 24.65 Payable On 06/28/2007 Telefonos de Mexico SA Spons ADR 1 19 Shares At 0.207182 06/29/2007 Cash Disbursement -0.60 Foreign Withholding Fee Paid To :Mexico ADR Related To Asset :Telefonos de Mexico SA Spons ADR To reflect .5% ADR fee for Telefonos de Mexico SA 06/28/07 06/29/2007 Scheduled Cash Deposit 4,282.64 Employer Contribution Received From :Village of Tequesta For payroll period ending 06/23/07 06/2912007 Scheduled Cash Deposit 2,656.73 Employee Contributions Received From :Village of Tequesta For payroll period ending 06/23/07 Shori Term Investment Summary 06/01/2007 To 06/30/2007 12 Purchase(s) For 0.00 -20,626.54 STC 74 LARGE FONT -Transactions (2 col) - NEl1/TRNH Page 4f • June 01, 2007 T•e 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 Transactions Date Description 3 Sale(s) For * * * Fending Balances Income Principal 0.00 $ 0.00 2,607.65 $ 6,939.37 STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 42 • Account Name : Tequesta General Employees Pension Gain (Loss) On Sale Of Assets Amgen Inc Sold 150 Shares At 57.50 Per Share, Less Expenses Trade Date :06/12/2007 Settlement Date 06/15/2007 Broker: Lynch Jones & Ryan Burlington Northern Santa Fe Corp Sold 110 Shares At 86.91 Per Share, Less Expenses Trade Date .06/12/2007 Settlement Date :06/15/2007 Broker; Lynch Jones & Ryan Cemex SA Spons Part Cer ADR Sold 3.632 Shares At 38.40 Per Share, less Expenses Trade Date :06/01/2007 Settlement Date .06/28/2007 Received cash from sell per Cemex optional dividend expiration date 06/01/07 Federated Treasury Obligations Fund The Amount Shown Is The Net Of Withdrawls For The Entire Period FHLMC Gold Pool #C90939 5.500°% 12/01/25 FHLMC Gold Pool #C90978 6.000 ~0 07/01/26 FHLMC Gold Pool #C90983 5.500°~~ 08/01/26 FNMA Pass Thru Pool #884093 6.000% 05/01/36 Home Depot Inc 5.400% 03/01/16 Sold 5000 Par Value At 93.98 Per ,Less Expenses Trade Date :06/20/2007 Settlement Date :06/25/2007 Broker: Morgan Keegan Kraft Foods Inc A Sold 62 Shares At 34.50 Per Share, Less Expenses Trade Date :06112/2007 Settlement Date :06/15/2007 Broker: Lynch Jones & Ryan June 01, 2007 T~ 30, 2007 Account No :80105025 Prior Period Ending Market Value Proceeds Gain/(Loss) (Aggregate Cost Basis) 8,467.50 8,61.7.36 149.86 10,244.30 9,554.56 -689.74 137.83 139.47 1.64 2.607.65 2,607.65 0 00 1 74.81 1 77.82 3.01 170.00 169.33 -0.67 108.06 110.02 1.96 173.66 173.79 0.13 4,814.20 4.699.20 -115.00 2,098.08 2.136.08 38.00 STC 74 EBR2GLS-Gain(Loss) on Sale of Asset Page 43 Account Name uesta General q Employees Pension Gain (Loss) On Sale Of Assets Limited Brands Sold 380 Shares At 25.70 Per Share, Less Expenses Trade Date :06/12/2007 Settlement Date : 06/15!2007 Broker: Lynch Jones & Ryan Marathon Oil Corp Sold 15 Shares At 123.99 Per Share, Less Expenses Trade Date :06/12/2007 Settlement Date :06/15/2007 Broker: Lynch Jones & Ryan SLM Corp Series MTN 5.125°0 08/27/12 Sold 5000 Par Value At 89.18 Per ,Less Expenses Trade Date :06/20/2007 Settlement Date :06/25/2007 Broker: Morgan Keegan Tnta.l Gcri.n (I oss) On Sales June 01, 2007 To• 30, 2007 Prior Period I+'.nding Market Value (Aggregate Cost Basis) 9,975.00 1,857.15 4,593.47 45,421.71 • Accoun4 No :80105025 Proceeds Gain;(Loss) 9,747.19 -227.81 1,859 14 1.99 4,458,75 -134.72 44,450.36 -971.35 STC 74 EBR2GLS-Gain(Loss) on Sale of Asset Page 44 • Account Name : Tequesta General Employees Pension List Of Assets CASH Money Market Funds Federated Treasury Obligations Fund 54437.86 Par Value Total Money Market Funds Fixed Income U S Government & Agencies FHLB Series 580 10000 Par Vafue FHLMC 5000 Par Value FHLMC 10000 Par Value FHLMC 10000 Par Value FHLMC 3000 Par Value FNMA 10000 Par Value FNMA 5000 Par Value FNMA 10000 Par Vatue FNMA 10000 Par Value June 01, 2007 T~ 30, 2007 • Account No :80105025 Prior Period Current Current IInrealized Ending vlarket Value Market Unit Market Value Gain/(Loss) (Aggregate Market Value) PrICe 6,939.37 6,939.37 0.00 6,939.37 6,939.37 0.00 54,437.86 1.00 54,437.86 0.00 61,377.23 61,377.23 0.00 4.125% 10/19/2007 9,959.38 0.99625 9,962.50 3.12 4.875% 11/15/2013 4,904.69 0.974063 4,870.31 -34.38 5.750% 04/15/2008 10,034.38 1.003125 10,031.25 -3.13 5.750% 03/15/2009 10,087.50 1.008438 10,084.38 -3.12 4.500% 01/15/2013 2,896.88 0.960938 2,882.81 -14.07 5.250% 01115!2009 9,996.88 1.00 10,000.00 3.12 4.7505% 12/15/2010 4,935.94 0.985938 4.929.69 -6.25 5.375°'0 08/15/2009 10,043.75 1.00375 10,037.50 -6.25 5.000% 10/15/2011 9,928.13 0.989688 9,896.88 -31.25 SIG 74 EBR2LOA-List 0/Assets Page 45 • Account Name : Tequesta General Employees Pension List Of Assets June 01, 2007 To •30, 2007 Prior Period Ending Market Value (Aggregate Market Value) Current Current Market Unit Market Value PrICe Account No 05025 Unrealized Gain/(Loss) FNMA 5.500% 03/15/2011 7,074.38 1.008438 7,059.06 -15,32 7000 Par Value FNMA 5.000% 04/15/2015 7,897.50 0.975625 7,805.00 -92.50 8000 Par Value U S Treasury Bill 07/05/2007 4,994.03 0.999688 4,998.44 4.41 5000 Par Value U S Treasury Note 4.625% 02/15/2017 14,676.56 0.968438 14,526.56 -150.00 15000 Par Value U S Treasury Note 4.625% 10/31/2011 9,909.38 0.988438 9,884.38 -25.00 10000 Par Value U S Treasury Note 5.125% 05/15/2016 5.078.13 1.005625 5,028.13 -50.00 5000 Par Value U S Treasury Note 4.000% 09/30/2007 9,971.88 0.997813 9,978.13 6.25 10000 Par Value U S Treasury Note 4.250% 10/15/2010 14,728.13 0.980625 14,709 38 -18.75 15000 Par Value U S Treasury Note 4.125% 08/15/2008 19,787.50 0.990625 19,812.50 25 00 20000 Par Value U S Treasury Note 4.250% 08/15/2015 4,781.25 0.94875 4,743.75 -37.50 5000 Par Value U S Treasury Note 4.250% 08/15/2013 9.693.75 0.965625 9,656.25 -37.50 10000 Par Value U S Treasury Note 5.500% 05/15/2009 10,109.38 1.010625 10,106.25 -3.13 10000 Par Value Total U S Government 8 Agencies 191,489.40 191,003.15 -486.25 Corporate Obligations Avon Products 4.625% 05!15/2013 4,734.33 0.945935 4,729.68 -4.65 5000 Par Value Bank One Corp 5.900% 11115/2011 5,090.60 1.014324 5,071.62 -18.98 5000 Par Value STC 74 EBR2LOA-List of Assets Page 46 • June 01, 2007 ~ne 30, 2007 • Account Name : Tequesta General Employees Pension Account No :80105025 List Of Assets Prior Period Cun•ent Current Gnrealized Ending Market Value Market Unit Market Value Gain/(Loss) (aggregate Market Value) Pr1Ce Capital One Bank 5.750% 09x15/2010 5,020.54 1.004735 5,023.68 3.14 5000 Par Value Carolina Power & Light 6.800`% 08/15/2007 5,010.08 1.001173 5,005.87 -4.21 5000 Par Value CIT Group Inc Series MTN 4.750% 08/15/2008 4,856.53 0 991522 4 957 61 5000 Par Value . , . 1 08 Countrywide Home Loan 5.625% 07/15%2009 5,000.39 1.000504 5,002.52 2.13 5000 Par Value CSX Corp 6.250% 10/15/2008 5,044.64 1.008093 5.040.47 -q 17 5000 Par Value Deutsche Bank Financial 7.500% 04/25/2009 6,227.62 1.037757 6,226.54. -1.08 6000 Par Value Gannett Co 6.375% 04/01/2012 5,106.30 1.018036 5,090.18 -16.12 5000 Par Value Goldman Sachs Group Inc 5.250% 10/15/2013 4,909.00 0 969434 4,847.1 ~ -61.83 5000 Par Value HSBC Finance Corp 5.250°% 04/15!2015 4,837.86 0.95533 4,776.65 -61 21 5000 Par Value . Intl Lease Finance Corp 5.000% 04;15/2010 4,941.77 0.988208 4,941.04 -0 73 5000 Par Value . Kohls Corporation 6.300°% 03/01/2011 5,131.30 1.023961 5,119.81 -11.49 5000 Par Value Lehman Brothers Hldgs MTN 5.000% 01/14/2011 4,917.29 0.978111 4 890 56 5000 Par Value , . -26,73 Lowe's Companies Inc 5.000% 10/1512015 4,773.82 0 946205 4 731 03 5000 Par Value . . . -42.79 Target Corp 5.375% 06/15/2009 4,999.84 0.999833 4,999.17 -0 67 5000 Par Value . US Bank NA 6.300% 02/04/2014 5,145.25 1.033883 5,169.42 24 17 5000 Par Value . STC 74 EBR2LOA-List otAssets Page 47 • June 01, 2007 To• 30, 2007 • Account Name : Tequesta General Employees Pension Account No :80105025 Lost Of Assets Prior Period Ending Market Value (,Aggregate Market Value) Current Market Unit Prjce Current Market Value Unrealized Gain/(Loss) Wachovia Bank NA 5.600% 03/15/2016 4,978.99 0.981721 4,908.61 -70.38 5000 Par Value Washington Mutual Inc 5.500% 08/24/2011 4,973.57 0.992283 4.961.42 -12.15 5000 Par Value Total Corporate Obligations 95,799.72 95,493.05 -306.67 Govt MBS/CMO/ABS FHLMC Gold Pool #C90939 5.500%~ 12/01/2025 12.583.94 0.975715 12,489.99 -93.95 12800.86 Par Value FHLMC Gold Pool #C90978 6.000% 07/01/2026 13,513.35 0.999911 13,458.68 -54.67 13459.87 Par Value FHLMC Gold Pool #C90983 5.500% 08/01/2026 13,861.59 0.973995 13.746.23 -115.36 14113.25 Par Value FNMA Pass Thru Pool #884093 6.000°io 05/01!2036 13,422.10 0.989858 13,295.81 -126.29 13432.04 Par Value Total Govt MBSICMOIABS 53,380.98 52,990.71 -390.27 Equity Equity Aegon N V - NY Reg Shr ADR 3,987.75 19.65 3,831.75 -156.00 195 Shares Allstate Corp 10,147.50 61.51 10,149.15 1.65 165 Shares Altria Group Inc 8,176.50 70.14 8,066.10 -110.40 115 Shares American Capital Strategies 10,412.45 42.52 9,141 80 -1.270.65 215 Shares Applied Materials Inc 9.550.00 19.87 9,935.00 385.00 500 Shares AT&T Inc 9,508.20 41.50 9,545.00 36.80 230 Shares STC 74 EBR2LOA-List otAssets Page 48 • Account Name : Tequesta General Employees Pension List Of Assets Bank of America Corp 184 Shares Bear Stearns Co Inc 66 Shares Becton Dickinson & Co 130 Shares Best Buy Co Inc 180 Shares British American Tobacco Spons ADR 52 Shares BT Group PLC Spons ADR 51 Shares Cadence Design Sys Inc 420 Shares Canon Inc Spons ADR 71 Shares Caterpillar Inc 130 Shares Cemex SA Spons Part Cer ADR 148 Shares Cisco Systems Inc 350 Shares CIT Grouplnc 180 Shares Citigroup Inc 170 Shares Gitrix Systems Inc 280 Shares ConocoPhillips 12!1 SI~arF~<: June 01, 2007 ~ne 30, 2007 Prior Period Ending Market Value (Aggregate Market Value) 9,330.64 9.897.36 9,883.51 8,609.33 3,540.16 3,332.85 9,538.20 4,179.06 10,215.40 5,616.41 9,422.00 10, 787.40 9,263.30 9,410.80 9.291.60 Current Current Market Unit 1~~Iarke~t Value Price 48.89 8,995.76 140.00 9,240.00 74.50 9 685.00 46.67 69 14 66.58 21.96 58.64 78.30 36 90 27.85 54.83 51.29 33.67 78.50 8,400.60 3,595 28 3, 395.58 9,223.20 4.163 44 10,179.00 5,461.20 9, 747, `-i0 9.869.40 8.719.30 9,427.60 9,420.00 • Account No :80105025 Un-•caliaed Cain/(Loss) -334.88 -657.36 -198.51 -208.73 55.12 62.73 -315.00 -15.62 -36.40 -155.21 325.50 -918.00 544.00 16.80 128.40 STC 74 EBR2LOA•List of Assets Page 49 • June 01, 2007 To• 30, 2007 Account Name : Tequesta General Employees Pension List Of Assets Prior Period Ending Market Value (Aggregate Markel Value) Danske Bank A/S Unspons ADR 3,704.47 170 Shares E ON AG Spons ADR 4,387.20 80 Shares Eaton Corp 9,374.00 100 Shares Endurance Specialty Holdings 3,425.38 86 Shares Ensco International Inc 7,571.25 125 Shares Exxon Mobil Corp 9,148.70 110 Shares Fiserv Inc 8,828.25 149 Shares General Mills Inc 9,798.40 160 Shares Harris Corp 9,235.20 185 Shares Hartford Financial Svcs Grp 10,523.34 102 Shares Intel Corp 10,20280 460 Shares International Business Machines Corp 9,594.00 90 Shares Johnson & Johnson 9.445.40 150 Shares Johnson Controls Inc 11,518.50 105 Shares JP Morgan Chase & Co 9,951.36 192 Shares Current Current Market Unit Market Value Price 20.507 3,486.19 55.64 4,451.20 93.00 9,300.00 40.04 3 443.44 61.01 83 88 56.80 58.42 54.55 98.51 23.74 105.25 61.62 115.77 48.45 7.626.25 9,226.80 8,463.20 9,347.20 10,091.75 10.048.02 10,920.40 9,47250 9,243.00 12,155.85 9,302.40 • Account No :80105025 Unrealised Gain/(Loss) -218.28 64.00 -74.00 18,06 55.00 78.10 -365.05 -451 20 856.55 -475.32 717 60 -121.50 -202.40 637.35 -648.96 STC 74 EBR2LOA-Lrst of Assets Page 50 • June 01, 2007 ~e 30, 2007 Account Name : Tequesta General Employees Pension List Of Assets • Account No :80105025 Prior Period i~nding Market Value (Aggregate Market Vahrc) Current Market Unit Prlee Curren) Market Value Unrealised Gain!(Loss) Kimberly-Clark Corp 9,579.60 66.89 9,030.15 -549.45 135 Shares Koninklijke Ahold NV Spons ADR 3,162.50 12.52 3,167.56 5.06 253 Shares KT Corp Spons ADR 3,412.26 23.46 3,331.32 -80.94 142 Shares Lockheed Martin Corp 9,785.57 94 13 9,413.00 -372.57 100 Shares Marathon Oil Corp 11,638.14 59.96 11,272.48 -365.66 188 Shares Marks & Spencer plc ADR 2.986.60 75.599 2,721.56 -265.04 36 Shares McKesson HBOC Inc 8,838.20 59.64 8,349.60 -488.60 140 Shares MetLife Inc 10,132.00 64.48 9,607.52 -524.48 149 Shares Microsoft Corp 1,201.07 29.47 1,178.80 -22.27 40 Shares Morgan Stanley 1,756.66 83.88 1,677.60 -79.06 20 Shares Mylan Laboratories 5,406.27 18.19 5.275.10 -131.17 290 Shares Nordstrom Inc 9,866.70 51.12 9,712.80 -153.90 190 Shares NTT DoCoMo Inc Spons ADR 4,028.52 15.80 3,728.80 -299 72 236 Shares Parker-Hannifn Corp 10,136.00 97.91 9,791.00 -345.00 100 Shares Penney (JC) Co Inc 9,657.60 72.38 8,685.60 -972.00 120 Shares STC 74 EBR2LOA-List of Assets Page 51 • June 01, 2007 T~ 30, 2007 Account Name : Tequesta General Employees Pension • Account No :80105025 List Of Assets Prior Period Current .Current Unrealized Ending Market Value Market Unit Market Value Gain/(I_,oss) (Aggregate Marke[ Value) PCiCe Pepsi Bottling Group Inc 9.097.40 33.68 8,756.80 -340.60 260 Shares Petroleo Brasileiro SA Spons ADR 3,451.68 106.68 3,840.48 388.80 36 Shares Pfizer Inc 9,071.70 25.57 8,438.10 -633.60 330 Shares PPG Industries Inc 8,380.90 76.11 8,372.10 -8 80 110 Shares PPL Corp 9,651.60 46.79 9,825.90 174.30 210 Shares Praxair Inc 8,170.80 71.99 8,638.80 468.00 120 Shares SAFECO Corp 9,412.50 62.26 9,339.00 -73.50 150 Shares Sanofi-Aventis SA ADR 4,232.80 40.27 3,543.76 -689.04 88 Shares Sempra Energy 9,811.20 59.23 9,476.80 -334.40 160 Shares SUPERVALU Inc 10,004.40 46.32 9.727.20 -277.20 210 Shares Telecom Italia SpA Spons ADR 3.108.80 22.02 2,950.68 -158.12 134 Shares Telefonos de Mexico SA Spons ADR 4,812.36 37.89 4,508.91 -303.45 119 Shares Toyota Motor Corp Spons ADR 4,105.84 125.88 4,279.92 174.08 34 Shares United Technologies Corp 9,030.40 70.93 9,079.04 48.64 128 Shares Valero Energy Corp 9,700,60 73.86 9,601.80 -98.80 130 Shares STC 74 EBR2LOA-List of Assets Page 52 • Account Name : Tequesta General Employees Pension List Of Assets June 01, 2007 T•e 30, 2007 Prior ,Period ~;nding Market Value (Aggregate Market Value) Current Current Market Unit Market V-aloe Price • Account No :80105025 Unrealized Gain/(I~,oss) Verizon Communications Inc 10,447.20 41.17 9,880.80 -566.40 240 Shares VF Corp 10,972.26 91 58 10,714.86 -257.40 117 Shares '/Vachovia Corp 9.754.20 .51.25 9,225.00 -529.20 180 Shares Wal-Mart Stores Inc 2,470.40 48.11 2,405. 50 -64.90 50 Shares Waste Management Inc 8,910.22 39.05 8,981.50 7128 230 Shares Wellpoint Inc 10,583.30 79.83 10,377.90 -205.40 130 Shares Wolseley plc ADR 4,367.05 24.19 4.039.73 -327.32 167 Shares Woori Finance Holdings ADR 3,056.44 76.54 3,29L22 234.78 43 Shares Wyeth 8.618.16 57.34 8,543.66 -74.50 149 Shares XTO Energy Inc 7,541.30 60.10 7,813.00 271.70 130 Shares Yara International ADR 3,184.61 30.137 3,315.07 130.46 110 Shares Zurich Financial Svcs ADR 3,394.49 30.944 3,434.78 4029 111 Shares Total Equity 597,738.97 586,115.06 -11,623.91 TOTAL INYBSTMEI~rTS N7,9RXET VALUF. 999,786.30 986,979.20 -12,807.10 TOTAL ACCRI/ED LVCOMF, 5,337.67 5,337.67 NET ASSETS 1,005,123.97 992,316.87 -12,807.10 STC 74 EBR2LOA-List o(Assets Page 53 • Account Name : Tequesta General Employees Pension June 01, 2007 T~ 30, 2007 • Accoun4 No :80105025 Brokerage Commissions Broker Name N on-Directed Directed No. of Trades Commission Aml No. of 'Trades Commission Amt Lynch Jones & Ryan Tnlal 14 79.90 14 79.90 0 - - - -- 0.00 0 0.00 STC 74 EBR2BRC-Broker Commissions Page 54