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Home My WebLink AboutDocumentation_Pension Public Safety_Tab 10 _02/05/2007Ina~ependent Can~munlty Bank Member FDIC 250 Tequesta Drive, Suite t O 1 •Tequesta, Florida 33469 (561) 746- t l 90 ACCOUNT STATEMENT PERIOD VILLAGE OF TEQUESTA BD OF TTEE'S GENERAL EMP PENSION TR FUND 250 TEQUESTA DRIVE SUITE 300 TEQUESTA, FL 33469 TYPE OF ACCOUNT... Freedom Business oegir,ni~,y 'vve Have Added Balance Number Deposits/Credits $3,311.53 0 $0.00 Items Minimum Enclosed Balance 1 $1,054.70 Date Check No. Amount 10/03/2006 1050 2,256.83 CHECKS Average Balance $1,200.30 ~~ ~~ \ f~ 0-838-3 09130/2006 To 10131/2006 .-: ~._i '_ -:n J PAGE :.~. - Balance c?'"'"~~ ' $1,054.70 Average Available Balance $1,200.30 DAILY BALANCE INFORMATION Date Balance Date Balance Start 3,311.53 10/03/2006 1,054.70 V1le Have Subtracted Number Checks/Debits 1 $2,256.83 NOTICE: SEE IMPORTANT INFORMATION ON REVERSE SIDE a Independent Cvr~lmunity Bank Member FDIC ACCOUNT 250 Tequesta Drive, Suite t O 1 •Tequesta, Florida 33469 STATEMENT PERIOD (561) 746-1 l 90 VILLAGE OF TEQUESTA BD OF TTEE'S GENERAL EMP PENSION TR FUND 250 TEQUESTA DRIVE SUITE 300 TEQUESTA, FL 33469 0-838-3 11 /01 /2006 To 11/30/2006 PAGE 1 Beginning We Have Added Balance Number Deposits/Credits $1,054.70 1 $4,500.00 Items Minimum Enclosed Balance 6 $1,054.70 We Have Subtracted Number Checks/Debits 7 $4,202.81 Average Balance $3,060.19 Ending Balance $1,351.89 Average Available Balance $3,060.19 CHECKS Date Check No. Amount ~ Date Check No. Amount ~ 11/16/2006 1052 839.20 11/20/2006 1055 771.11 ~ 11 / 15/2006 1053 .1,252.47 11 /29/2006 1056 1,125.00 11/10/2006 1054 ~ 193 32 11/16/2006 1057 11.71 ~ , . ~ OTHER DEBITS Date Amount Description 11/07/2006 ~ 10.00 1NC WIRE FEE - GREATBANC TR CO DEPOSITS /CREDITS Date Amount Description 11/07/2006 4,500.00 INC WIRE - GREATBANC TR CO DAILY BALANCE INFORMATION Date Balance Date Balance Date `Balance Start 1,054.70 11/15/2006 4,098.91 11/29/2006 1,351.89 11/07/2006 5,544.70 11/16/2006 3,248.00 11/10/2006 5,351.38 11/20/2006 2,476.89 J~ /NOTICE: SEE IMPORTANT INFORMATION ON REVERSE SIDE Irldependen~ Community Bank Member FDIC 250 Tequesta Drive, Suite t O 1 •Tequesta, Florida 33469 (56 l) 746- 1190 ACCOUNT ST~'EMENT PERIOD -a .«. • ,. Z H-+ VILLAGE OF TEQUESTA BD OF TTEE'S GENERAL EMP PENSION TR FUND 345 TEQUESTA DRIVE TEQUESTA, FL 33469 Beginning We Have Added Balance Number Deposits/Credits $1,351.89 3 $23,300.00 Items Minimum Enclosed Balance 6 $1,351.89 GHEGKS Average Balance $8,313.39 Ending Balance $9,431.92 Average Available Balance $8,313.39 Date Check No. Amount Date Check No. An;ount 12/18/2006 1058 4,470.72 12/14/2006 1061 62.14 12/14/2006 1059 1,117.68 12/27/2006 1062 7,4:!2.70 12/14/2006 1060 248.56 12/26/2006 1063 1,8.58.17 PAGE 1 OTh1ER DEBITS Date Amount Descrip#ion 12/08/2006 10.00 INC WIRE FEE - GREATBANC TR CO 12/19/2006 10.00 INC WIRE FEE - GREATBANC TR CO 12/21/2006 10.00 INC WIRE FEE - GREATBANC TR CO DEPOSITS !CREDITS Date Amount Description 12/08/2006 6,000.00 Wire transfer in 12/19/2006 9,300.00 INC WIRE - GREATBANC TR CO 12/21/2006 8,000.00 INC WIRE - GREATBANC TR CO DAILY BALANCE INFORMATION Date Balance Date Balance Date Balance Start 1,351.89 12/18/2006 1,442.79 12/26/2006 16,864.62 12/08/2006 7,341.89 12/19/2006 10,732.79 12/27!2006 9,431.92 12/14/2006 5,913.51 12/21/2006 18,722.79 V'Je Have Subtracted Number Checks/Debits 9 $15,219.97 0-838-3 12/01 /2006 To 12/29/2006 NOTICE: SEE IMPORTANT !NFOR^AATIO~! ON REVERSE SIDE SALEM TR~T COMPANY Statemen>r of Account October 1, 2006 Through October 31, 2006 Salem Trust Company As Custodian For Tequesta Public Safety Pension Fund Account Number :80103784 ACCOUNT MANAGER Karen Russo/Pamela Ersty 954-426-5770 Confidential And Privileged Information Village Of Tequesta Attn: Gwen Carlisle 250 Tequesta Dr., Ste. 300 Tequesta, FL 33469-0273 • October 01, 2006 To ~er 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Net Asset Summary Net Assets Beginning 10/01/2006 1.0 Summary Of Receipts 1 1 Cash Contributions 1.2 - 1.4 Earnings from Investments Total Receipts 2.0 Summary Of Disbursements 2.1 Distribution Of Benefits 2.2 Other Distributions 2.3 Administration Expenses 2.4 Other Expenses Total Disbursements 3.0 Changes In Nef 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 Gain/Loss 3.5 Accrued Income -Interest 3.6 Accrued Income -Dividend Total Accrued Income Less: Prior Accrued Income Total Changes In Net Assets Net Assets Ending 10/31/2006 $ 3,349,549.29 $ 3,415,950.50 39, 72 7.99 8, 2i 1.45 47,939.44 0 00 0.00 fi2Q37 3, 380.21 -4,200.58 23:037.89 0.00 37 1, 773.42 311, 069.40 704.02 11,992.57 290.60 12,283.17 13, 36273 22,662.35 STC 74 EBR2NAS-Net Asset Summary Page 2 • October 01, 2006 To ~er 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Changes In Investments Investments Acquired G5 Financial Sq Trsy Oblig Adm The Amount Shown Is The Net Of Deposits For The Entire Period Anheuser-Busch Cos Inc Purchased 1100 Shares At 46.9745 Per Share Trade Date :10/06/2006 Settlement Date :10/12/2006 Broker: Lynch Jones & Ryan Intl Game Technology Purchased 1300 Shares At 42.2578 Per Share Trade Date :10/06/2006 Settlement Date :10/12/2006 Broker: Lynch Jones & Ryan JP Morgan Chase & Co Purchased 1100 Shares At 46.9553 Per Share Trade Date :10/06/2006 Settlement Date :10/12/2006 Broker: Lynch Jones & Ryan U S Treasury Note 4.875% 08/15/16 Purchased 50000 Par Value At 101.5625 Trade Date :10/27/2006 Settlement Date :10/31/2006 Broker: Deutsche Bank Wendy's International Inc Purchased 1600 Shares At 34.0027 Per Share Trade Date : 10!0612006 Settlement Date :10/12/2006 Broker: Lynch Jones & Ryan Total Investments Acquired Market Basis 91,966.79 51,693.95 54,961.14 51,672.83 50,781.25 54,436.32 355,512.28 STC 74 ESR2CIA-Changes in Investments Page 3 • October 01, 2006 Tuber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Changes In Investments Market Basis No Stock Dividends /Splits And Other Changes Qualify STC 74 EBRZCIA-Changes in Investments Page 4 • Account Name : Tequesta Public Safety October 01, 2006 To ~er 31, 2006 • Account No :80103784 Earnings From Investments Interest FHLB 4.700% 10/04/11 10/04/2006 Rate 2.35 Payable 10/04/2006 On 50000.00 Par 1,175.00 Symbol: 3133X8R07 1,175.00 FHLB Series X209 4.100% 03/30/09 10/02/2006 Rate 2.05 Payable 09/30/2006 On 50000.00 Par 1,025.00 Symbo1:3133X15Y9 1,025.00 GNMA Pass Thru Pool #599190 6.000% 03/15/35 10/16/2006 Rate 0.5 Payable 10/15/2006 On 53501.98 Par 267.51 Symbol: 36200EUP4 267.51 GNMA Pass Thru Pool #640896 7.000% 04/15/35 10/16/2006 Rate 0.58333333 Payable 10/15/2006 On 92061.76 Par 537.03 Symbol: 36291 W7H8 537.03 GNMA Pass Thru Pool #641273 4.500% 04/15/35 10/16/2006 Rate 0.375 Payable 10/15/2006 On 72613.21 Par 272.30 Symbol: 36291XMW6 272.30 FNMA Pass Thru Pool #725773 5.500% 09/01/34 10/25/2006 Rate 0.45833333 Payable 10/25/2006 On 26667.33 Par 122.23 Symbol: 31402DJS0 122.23 GS Financial Sq Trsy Oblig Adm 10/02/2006 1,053.79 Symbol: 38141 XXXX STC 74 EBR2EFI-Earnings from Investments Page 5 • Account Name : Tequesta Public Safety October 01, 2006 To•ber 31, 2006 • Account No :80103784 Earnings From Investments Interest 1,053.79 FNMA Pass Thru Pool #735503 6.000% 04/01/35 10/25/2006 Rate 0.5 Payable 10/25/2006 On 42184.95 Par 210.92 Symbol: 31402RDG1 210.92 FNMA Pass Thru Pool #835760 4.500% 09/01/35 10/25/2006 Rate 0.375 Payable 10/25/2006 On 66374.77 Par 248.91 Symbol: 31407NOM8 248.91 FNMA Pass Thru Pool #735897 5.500% 10/01/35 10/26/2006 Rate 0.45833333 Payable 10/25/2006 On 86750.68 Par 397.61 Symbol: 31402RRS0 397.61 Lehman Brothers Holdings 5.500% 04/04/16 10/04/2006 Rate 2.75 Payable 10/04/2006 On 15000.00 Par 423.96 Symbo1:52517PF63 423.96 MidAmerican Energy Co 4.650% 10/01/14 10/02/2006 Rate 2.325 Payable 10/01/2006 On 15000.00 Par 348.75 Symbol: 595620AD7 348.75 U S Treasury Note 4.875% 08/15/16 10/31/2006 Accrued Interest On Purchase -510.02 Symbol: 912828F08 -510.02 Totallnterest 5,572.99 STC 74 EBR2EF!-Earnings from Investments Page 6 • Account Name : Tequesta Public Safety October 01, 2006 To ~er 31, 2006 • Account No :80103784 Earnings From Investments Dividends Brown-Forman Corp Cl B 10/02/2006 610 Shares At 0.28 Per Share Symbol: 115637209 Canadian Pacific Railway Ltd 10/31/2006 935 Shares At 0.16691 Per Share Symbol: 136457100 Chesapeake Energy Corp 10/16/2006 1790 Shares At 0.06 Per Share Symbol: 165167107 170.80 170.80 156.06 156.06 107.40 107.40 El Paso Corp 10/02/2006 3540 Shares At 0.04 Per Share Symbol: 28336L109 HCC Insurance Holdings Inc 10!13/2006 1305 Shares At 0.1 Per Share Symbol: 404132102 141.60 141.60 130.50 130.50 Ileina (H ~ Co 10/10/2006 1060 Shares At 0.35 Per Share Symbol: 423074103 371.00 371.00 Hewlett-Packard Co 10/04/2006 1385 Shares At 0.08 Per Share Symbol: 428236103 110.80 110.80 STC 74 EBR2EFl-Earnings from Investments page 7 • Account Name : Tequesta Public Safety October 01, 2006 To•ber 31, 2006 • Account No :80103784 Earnings From Investments Dividends Kraft Foods Inc A 10/06/2006 1350 Shares At 0.25 Per Share 337.50 Symbol: 50075N104 337.50 McCormick & Co Non Voting Shrs 10/20/2006 1250 Shares At 0.18 Per Share 225.00 Symbol: 579780206 225.00 McKesson HBOC Inc 10/02/2006 860 Shares At 0.06 Per Share 51.60 Symbol: 58155Q103 51.60 PG&ECorp 10/16/2006 1050 Shares At 0.33 Per Share 346.50 Symbo1:69331C108 346.50 Pacer International 10/10/2006 1380 Shares At 0.15 Per Share 207.00 Symbo1:69373H106 207.00 Precision Castparts Corp 10/02/2006 760 Shares At 0.03 Per Share 22 80 Symbol: 740189105 22.80 Safeway Inc 10!05/2006 1720 Shares At 0.0575 Per Share 98 90 Symbol: 786514208 98.90 STC 74 EBR2EF1-Earnings from Investments Page 8 • Account Name : Tequesta Public Safety October 01, 2006 To ~er 31, 2006 • Account No :80103784 Earnings From Investments Di~~aenas T Rowe Price Group Inc 10/12/2006 1150 Shares At 0.14 Per Share Symbol: 741447108 Total Dividend 161.00 161.00 2,638.46 a i c is ttfFiltf~-tarnings from Investments Page 9 October 01, 2006 T~ber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Earnings From Investments Pooled Funds No Data Qualifies Total Earnings Paid 8, 211.45 ~ ~ c is tttKZtfl-Earnings from lnvesfinenfs Page 10 • Account Name : Tequesta Public Safety Earnings From Investments Accrued Income -Interest GS Financial Sq Trsy Oblig Adm 269717.72 Par Value At 0.0486 Par Symbol: 38141 XXXX Lehman Brothers Holdings 5.500% 04/04/16 15000 Par Value At 0.055 Par Symbol: 52517PF63 MidAmerican Energy Co 4.650% 10/01/14 15000 Par Value At 0.0465 Par Symbol: 595620AD7 U S Treasury Note 5.125% 05/15/16 20000 Par Value At 0.05125 Par Symbol: 912828FF2 U S Treasury Note 4.875% 05/31/11 30000 Par Value At 0.04875 Par Symbol: 912828FH8 U S Treasury Note 4.875% 07/31/11 100000 Par Value At 0.04875 Par Symbol: 912828FN5 U S Treasury Note 4.875% 08/15/16 50000 Par Value At 0.04875 Par Symbol: 912828F08 FNMA Pass Thru Pool #735503 6.000% 04/01735 41562.05 Par Value At 0.06 Par Symbol: 31402RDG1 October 01, 2006 To ~er 31, 2006 1,319.63 61.88 58.13 470.72 611.37 1,218.75 510.02 207.81 • Account No :80103784 STC 74 EBR2AE1-Accrued Earnings Page 11 • Account Name : Tequesta Public Safety October 01, 2006 To ~r 31, 2006 • Account No :80103784 Earnings From Investments Accrued Income -Interest FNMA 4.250% 09/28/07 50000 Par Value At 0.0425 Par 194.79 Symbol: 31359MZD8 FHLMC 5.750% 03/15/09 20000 Par Value At 0.0575 Par 146.94 Symbol: 3134A3EM4 FNMA Pass Thru P001 #835760 4.500% 09/01/35 65988.86 Par Value At 0.045 Par 247.46 Symbol: 31407NQM8 FNMA Pass Thru Pool #725773 5.500% 09/01/34 26370.31 Par Value At 0.055 Par 120.86 Symbol: 31402DJS0 FNMA Pass Thru Pool #735897 5.500% 10/01/35 85841.38 Par Value At 0.055 Par 393.44 Symbol: 31402RRS0 FNMA 5.000% 01!23/09 60000 Par Value At 0.05 Par 816.67 Symbol: 31359ME74 Cisco Systems 5.500% 02/22/16 11000 Par Value At 0.055 Par 115.96 Symbol: 17275RAC6 U S Treasury Note 3.625% 06/15/10 80000 Par Value At 0.03625 Par 1,093.44 Symbol: 912828DX5 STC 74 EBR2AE!-Accrued Earnings Page 12 • Account Name : Tequesta Public Safety October 01, 2006 To ~er 31, 2006 • Account No :80103784 Earnings From Investments Accrued Income -Interest Procter & Gamble Co 4.950% 08!15/14 10000 Par Value At 0.0495 Par 104.50 Symbol: 742718DA4 SBC Communications 5.100% 09/15/14 10000 Par Value At 0.051 Par 65.17 Symbol: 78387GAP8 GNMA Pass Thru Pool #599190 6.000% 03/15/35 53447.57 Par Value At 0.06 Par 267.24 Symbol: 36200EUP4 GNMA Pass Thru Pool #640896 7.000% 04/15/35 91974.64 Par Value At 0.07 Par 536.52 Symbol: 36291 W7H8 GNMA Pass Thru Pool #641273 4.500% 04/15/35 72508.52 Par Value At 0.045 Par 271.81 Symbol: 36291 XMW6 FHLB 4.700% 10/04/11 50000 Par Value At 0.047 Par 176.25 Symbol: 3133X8RQ7 FHLB Series UD09 5.250% 02/13/09 25000 Par Value At 0.0525 Par 277 OS Symbol: 3133MLT88 FHLB Series X209 4.100% 03/30/09 50000 Par Value At 0.041 Par 170.83 Symbol: 3133X15Y9 STC 74 EBR2AEl-Accrued Earnings Page 13 • October 01, 2006 To ~er 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Earnings From Investments Accrued Income -Interest FNMA 5.500% 03/15!11 105000 Par Value At 0.055 Par 737 92 Symbol: 31359MHK2 U S Treasury Note 4.000% 11/15/12 50000 Par Value At 0.04 Par 918.48 Symbol: 912828AP5 U S Treasury Note 6.000% 08/15/09 70000 Par Value At 0.06 Par 878 80 Symbo1:9128275N8 Accrued Income -Interest 11,992.57 s i c is tt3FfZAE1-Accrued Earnings Page 14 • October 01, 2006 To ~r 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Earnings From Investments Accrued Income -Dividends t;aterpmar Inc 800 Shares At 0.3 Per Share 240.00 Texas Instruments Inc Symboi: 149123101 1265 Shares At 0.04 Per Share Symbol: 882508104 Acc~^ued Income -Dividends Total Accrued Income 50.60 12,283.17 290.60 ., is tt~raAt~-Accrued Earnings Paqe 15 • Account Name : Tequesta Public Safety October 01, 2006 To ~ er 31, 2006 • Account No :80103784 Balance Sheet As Of 10/01/2006 As Of 10/31/2006 Cost Value Market Value Cost Valuc Market ~%alue 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 13,362.73 13,362.73 12,283.17 12.283.17 Total Cash And Receivables 13,362.73 13,362.73 12,283.17 12,283.17 Cash Short Term Investments 301,833.11 301,833.11 269,717.72 269,717.72 Total Cush 301,833.11 301,833.11 269,717.72 269,717.72 Fixed Income U S Government & Agencies 716,026.62 710,931.28 766,807.87 762,573.46 Corporate Obligations 59,431.12 59,781.74 59,431.12 59,985.50 Govt MBS/CMO/ABS 218,406.70 216,338.71 216,207.02 214,829.15 GNMA Mortgage Pass Thru 225,537.57 217,808.17 225,285.02 218,086.65 Total Fixed Income 1,219,402.01 1,204,859.90 1,267,731.03 1,255,474.76 Equity Equity 1,541,244.13 1,829,493.55 1,583,145.15 1,878,474.85 Total Equity 1,541,244.13 1,829,493.55 1,583,145.15 1,878,474.85 Total Holdings 3,062,479.25 3,336,186.56 3,120,593.90 3,403,667.33 TOTAL ASSETS 3,075,841.98 3,349,549.29 3,132,877.07 3,415,950.50 Payables Due To Broker 0.00 0.00 0.00 0.00 Total Payables 0.00 0.00 0.00 0.00 TOTAL LIABILITIES o.oo o.oo o.oo o.oo Total Net,9sset [value 3,075,841.98 3,349,549.29 3,132,877.07 3,415,950.50 Total Liabilities And Equity 3,075,841.98 3,349,549.29 3,132,877.07 3,415,950.50 STC 74 EBRI6LS•Balance Sheet Page 16 • Account Name : Tequesta Public Safety October 01, 2006 To ~er 31, 2006 • Account No :80103784 Investment Summary Beginning Ending Investment Of Period Of Period Change Cash Cash 0.00 0.00 Short Term Investments 301,833.11 269,717.72 Total Cash 301,833.11 269,717.72 0.00 Fixed Income U S Government & Agencies 710,931.28 762,573.46 860.93 Corporate Obligations 59,781.74 59,985.50 203.76 Govt MBS/CMOlABS 216,338.71 214,829.15 667.73 GNMA Mortgage Pass Thru 217,808.17 218,086.65 522.41 Total Fixed Income 1,204,859.90 1,255,474.76 2,254.83 Equity Equity 1,829,493.55 1,878,474.85 20,783.06 Total Equity 1,829,493.55 1,878,474.85 20,783.06 Changes In Investment -Other Total Changes In Investment - Other 0.00 Realized Gain/Loss On Sales Proceeds 311,773.42 Less: Aggregate Carry Value (Market Value) 311,069.40 Net Period Accruals 0.00 0.00 704.02 Accrued Income Accrued Income 13,362.73 12,283.17 12,283.17 Less: Prior Accrued Income 13,362.73 Total Accrued Income 13,362.73 12,283.17 -1,079.56 InvestmenlSummary Total $ 3,349,549.29 $ 3,415,950.50 Total Changes In Net Assets $ 22,662.35 S TG 74 EBR2S01-Investment Summary Page 17 • Account Name : Tequesta Public Safety Summary of Receipts October 01, 2006 To C•er 31, 2006 • Account No :80103784 1.1 Contributions Employer Contributions 32,422.52 Employee Contributions 7,305.47 Other Contributions 0.00 Total 39,727.99 Earnings From Investments 1.2 Interest 5,572.99 1.3 Dividends 2,638.46 1.4 Pooled Funds 0.00 Total 8,211.45 Total Receipts $ 47,939.44 Summary of Disbursements 2.1 Distribution Of Benefits Total 2.2 Other Distributions Total 2.3 Administration Expenses Fees And Commissions Total 2.4 Other Expenses Miscellaneous Expense Foreign Tax Withheld Total 0.00 0.00 820.37 -820.37 -3,356.80 -23.41 -3,380.21 STC 74 EBR2SOR-Summary of Receipts Page 18 Account Name : Tequesta Public Safety October 01, 2006 To ~er 31, 2006 • Account No :80103784 Summary of Disbursements Total Disbursements -4,200.58 __ 74 EBR2SOR-Summary of Receipts Page 19 • October 01, 2006 To ~er 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Contributions Employer Contribution 10/06/2006 Employer Contribution For payroll period ending 09/30/06 10/06/2006 Employer Contribution Pay period ending 09/30/06 10/12/2006 Employer Contribution Fire supplemental compensation trust fund 2005 10/23/2006 Employer Contribution For payroll period ending 10/14/06 Employee Contributions Total Employer Contribution 10/06!2006 Employee Contributions Pay period ending 09/30/06 10/06/2006 Employee Contributions For payroll period ending 09/30!06 10/23/2006 Employee Contributions For payroll period ending 10/14/06 Total Employee Contributions Total Cash Contributions 6, 394.57 296.11 18,971.37 6,760.47 179.80 3,451.77 3,673.90 32,422.52 7, 305.47 39,727.99 STC 74 EBR2COR•Contributions 8 Other Receipts Page 20 • Account Name : Tequesta Public Safety October 01, 2006 To ~er 31, 2006 • Account No :80103784 Other Receipts No Data Qualifies ~+ c.oncwrc-wmnuuuons 6 vmer rceceipts _ page 21 • Account Name : Tequesta Public Safety October 01, 2006 To ~er 31, 2006 • Account No :80103784 Distribution Of Benefits No Data Qualifies STC 74 EBR2DAE-Distribution & Expenses Page 22 • October 01, 2006 To ~er 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Other Disbursements No Data Qualifies STC 74 EBR2DAE-Distribution ~ Expenses Page 23 • October 01, 2006 To ~er 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Administrative Expenses Fees And Commissions 10/11/2006 To : -210.00 Salem Trust Company For the period 07/01/06 - 09/30/06 10/11/2006 To : -90.00 Salem Trust Company For the period 07/01 /06 - 09/30/06 10/11/2006 To : -520.37 Salem Trust Company For the period 07/01/06 - 09/30/06 Tota Fees And Commissions -820.37 Total Administrative Expenses -820.37 STC 74 EBR2DAE-Distribution & Expenses Page 24 i October 01, 2006 To ~r 31, 2006 i Account Name :Tequesta Public Safety Account No :80103784 Other Expenses Miscellaneous Expense 10/19/2006 To : Village of Tequesta -3,356.80 Renewal of fiduciary liability policy Total Miscellaneous Expense -3,356.80 Foreign Tax Withheld 10/31!2006 To : -23.41 Canadian Pacific Railway Ltd Less :15.00% Canada Tax Total Foreign Tax Withheld -23.41 Total Other Expenses -3,380.21 STC 74 EBR2DAE-Distribution & Expenses Page 25 • Account Name : Tequesta Public Safety October 01, 2006 To ~er 31, 2006 • Account No :80103784 Transactions Date Description Income Principal * * * Starting Balances * * * 10/02/2006 Dividend Payable On 10/01/2006 Brown-Forman Corp CI B 610 Shares At 0.28 10/02/2006 Dividend Payable On 10/02/2006 McKesson HBOC Inc 860 Shares At 0.06 10/02/2006 Dividend Payable On 10/02/2006 EI Paso Corp 3540 Shares At 0.04 10/02/2006 Interest FHLB Series X209 4.100% 03/30/09 Payable On 09/30/2006 Received On 50000 Units 10/02/2006 Dividend Payable On 10/02/2006 Precision Castparts Corp 760 Shares At 0.03 10/02/2006 Interest MidAmerican Energy Co 4.650% 10/01!14 Payable On 10/01/2006 Received On 15000 Units 10/02/2006 Interest GS Financial Sq Trsy Oblig Adm Payable On 09/30/2006 10/03/2006 Sold On 09/28/2006 855 Units CIT Group Inc STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH $ 0.00 $ 0.00 170.80 51.60 141.60 1.025.00 22.80 348.75 1,053.79 41,673.04 Page 26 • Account Name :Tequesta Public Safety October 01, 2006 To ~er 31, 2006 Account No :80103784 Transactions Date Description Income Principal 855 Units At $ 48.7619 Through Lynch Jones & Ryan 10/04/2006 Dividend 110.80 Payable On 10/04/2006 Hewlett-Packard Co 1385 Shares At 0.08 10/04/2006 Interest 1,175.00 FHLB 4.700% 10/04/11 Payable On 10/04/2006 Received On 50000 Units 10/04/2006 Interest 423.96 Lehman Brothers Holdings 5.500% 04/04/16 Payable On 10/04/2006 Received On 15000 Units 10/05/2006 Dividend 9890 Payable On 10/05/2006 Safeway Inc 1720 Shares At 0.0575 10/06/2006 Dividend 337.50 Payable On 10/06/2006 Kraft Foods Inc A 1350 Shares At 0.25 10/06/2006 Scheduled Cash Deposit 6,394.57 Employer Contribution Received From :Village of Tequesta For payroll period ending 09/30/06 10/06/2006 Scheduled Cash Deposit 3,451.77 Employee Contributions Received From :Village of Tequesta For payroll period ending 09/30/06 STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 27 • October 01, 2006 To ~er 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Transactions Date Description Income Principal 10/06(2006 Cash Receipt 296.11 Employer Contribution Pay period ending 09/30/06 10/06/2006 Cash Receipt 179.80 Employee Contributions Pay period ending 09/30/06 10/10/2006 Dividend 371.00 Payable On 10/10/2006 Heinz (H J) Co 1060 Shares At 0.35 10/10/2006 Dividend 207.00 Payable On 10/10/2006 Pacer International 1380 Shares At 0.15 10/11/2006 Fee Charged -520.37 quarterly Periodic Fee For the period 07/01 /06 - 09/30/06 10/11/2006 Fee Charged -210.00 Activity Fee For the period 07/01 /06 - 09/30/06 10/11/2006 Fee Charged -90.00 Activity Fee For the period 07/01/06 - 09/30/06 10/12/2006 Dividend 161.00 Payable On 10/12/2006 T Rowe Price Group Inc 1150 Shares At 0.14 10/12/2006 Purchased On 10/06/2006 1100 Units -51,672.83 JP Morgan Chase & Co 1100 Units At $ 46.9553 Per Unit Through Lynch Jones 8~ Ryan STC 74 LARGE FONT -Transactions (Z col) - NEWTRNH Page 28 • October 01, 2006 To ~er 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Transactions Date Description Income Principal 10/12/2006 Purchased On 10/06/2006 1300 Units -54,961.14 Intl Game Technology 1300 Units At $ 42.2578 Per Unit Through Lynch Jones & Ryan 10/12/2006 Purchased On 10/06/2006 1100 Units -51,693.95 Anheuser-Busch Cos Inc 1100 Units At $ 46.9745 Per Unit Through Lynch Jones & Ryan 10/12/2006 Purchased On 10/06/2006 1600 Units -54,436.32 Wendy's International Inc 1600 Units At $ 34.0027 Per Unit Through Lynch Jones & Ryan 10/12/2006 Sold On 10/06/2006 935 Units 47,439.51 Canadian Pacific Railway Ltd 935 Units At $ 50.759 Through Lynch Jones 8 Ryan 10/12/2006 Sold On 10/06/2006 1790 Units 50,997.86 Chesapeake Energy Corp 1790 Units At $ 28.5113 Through Lynch Jones & Ryan 10/12!2006 Sold On 10/06/2006 585 Units 45,119.48 Prudential Financial Inc 585 Units At $ 77.1497 Through Lynch Jones & Ryan 10/12/2006 Scheduled Cash Deposit 18,971.37 Employer Contribution Received From :State of Florida ,Dept of Financial Ser Fire supplemental compensation trust fund 2005 10/13!2006 Dividend 130.50 Payable On 10/13/2006 Hcc Insurance Holdings Inc 1305 Shares At 0.10 STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 29 • October 01, 2006 To ~er 31, 2006 Account Name : Tequesta Public Safety • Account No :80103784 Trans actions Date Description Income Principal 10/16/2006 Dividend 346.50 Payable On 10/15/2006 PG&ECorp 1050 Shares At 0.33 10/16/2006 Dividend 107.40 Payable On 10/16/2006 Chesapeake Energy Corp 1790 Shares At 0.06 10/16/2006 Mortgage Backed -GNMA Principal 54.41 On 10/15/2006 GNMA Pass Thru Pool #599190 6.000% 03/15/35 10/16/2006 Mortgage Backed -GNMA Interest 267.51 GNMA Pass Thru Pool #599190 6.000% 03/15/35 Payable On 10/15/2006 Received On 53501.98 Units Principal Balance Reduction of 54.410000 10/16/2006 Mortgage Backed -GNMA Principal On 10/15/2006 87 12 GNMA Pass Thru Pool #640896 7.000% 04/15/35 10/16/2006 Mortgage Backed -GNMA Interest GNMA Pass Thru Pool #640896 7.000% 04/15/35 537.03 Payable On 10/15/2006 Received On 92061.76 Units Principal Balance Reduction of 87.120000 10/16/2006 Mortgage Backed -GNMA Principal On 10/15/2006 104.69 GNMA Pass Thru Pool #641273 4.500% 04/15/35 10!16/2006 Mortgage Backed -GNMA Interest GNMA Pass Thru Pool #641273 4.500% 04/15/35 272.30 Payable On 10/15/2006 Received On 72613.21 Units STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 30 • October 01, 2006 To ~er 31, 2006 • Account Na me :Tequesta Public Safety Account No :80103784 Trans actions Date Description Income Principal Principal Balance Reduction of 104.690000 10/19/2006 Scheduled Cash Disbursement -3,356.80 Miscellaneous Expense Paid To :Village of Tequesta Renewal of fiduciary liability policy 10/20/2006 Dividend 225.00 Payable On 10/20/2006 McCormick & Co Non Voting Shrs 1250 Shares At 0.18 10/23!2006 Scheduled Cash Deposit 6,760.47 Employer Contribution Received From :Village of Tequesta For payroll period ending 10/14/06 10/23/2006 Scheduled Cash Deposit 3,673.90 Employee Contributions Received From :Village of Tequesta For payroll period ending 10/14/06 10/25/2006 Mortgage Backed -Other Pass Through Principal 297.02 On 10/25/2006 FNMA Pass Thru Pool #725773 5.500% 09/01/34 10/25/2006 Mortgage Backed -Other Pass Through Interest 122.23 FNMA Pass Thru Pool #725773 5.500% 09/01/34 Payable On 10/25/2006 Received On 26667.33 Units Principal Balance Reduction of 297.020000 10/25/2006 Mortgage Backed -Other Pass Through Principal 622.90 On 10/25/2006 FNMA Pass Thru Pool #735503 6.000% 04/01/35 STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 31 • October 01, 2006 To ~er 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Trans actions Date Description Income Principal 10/25/2006 Mortgage Backed -Other Pass Through Interest 210.92 FNMA Pass Thru Pool #735503 6.000% 04/01/35 Payable On 10/25/2006 Received On 42184.95 Units Principal Balance Reduction of 622.900000 10/25/2006 Mortgage Backed -Other Pass Through Principal 385.91 On 10/25/2006 FNMA Pass Thru Pool #835760 4.500% 09/01/35 10/25/2006 Mortgage Backed -Other Pass Through Interest 248.91 FNMA Pass Thru Pool #835760 4.500% 09/01/35 Payable On 10/25/2006 Received On 66374.77 Units Principal Balance Reduction of 385.910000 10/26/2006 Mortgage Backed -Other Pass Through Principal 909.30 On 10/25/2006 FNMA Pass Thru Pool #735897 5.500% 10/01/35 10!26/2006 Mortgage Backed -Other Pass Through Interest 397.61 FNMA Pass Thru Pool #735897 5.500% 10/01/35 Payable On 10/25/2006 Received On 86750.68 Units Principal Balance Reduction of 909.300000 10/31 /2006 Dividend 156.06 Payable On 10/30/2006 Canadian Pacific Railway Ltd 935 Shares At 0.16691 10/31/2006 Foreign Tax Withholding -23.41 Foreign Tax Withheld Related To Asset :Canadian Pacific Railway Ltd Less :15.00% Canada Tax 10/31/2006 Purchased On 10/27/2006 50000 Units -50,781.25 U S Treasury Note 4.875% 08/15/16 STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 32 • October 01, 2006 To ~er 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Transactions Date Description Income Principal 50000 Units At $ 101.5625 Per Unit Through Deutsche Bank 10/31/2006 Purchase Accrued Interest U S Treasury Note 4.875% 08/15/16 To 10/31 /2006 Short Term Investmenf Summary 10/01/2006 To 10/31/2006 12 Purchase(s) For 4 Sale(s) For * * * Ending Balances * * -510.02 0.00 -91,966.79 0.00 124,082.18 $ 0.00 $ 0.00 STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 33 October 01, 2006 To ~er 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Gain (Loss) On Sale Of Assets Prior Period Ending Market Value Proceeds Gain/(Loss) (Aggregate Cost Basis) Canadian Pacific Railway Ltd Sold 935 Shares At 50.76 Per Share, Less Expenses Trade Date :10/06/2006 Settlement Date :10/12/2006 Broker: Lynch Jones & Ryan Chesapeake Energy Corp Sold 1790 Shares At 28.51 Per Share, Less Expenses Trade Date :10/06/2006 Settlement Date :10/12/2006 Broker: Lynch Jones & Ryan CIT Grouplnc Sold 855 Shares At 48.76 Per Share, Less Expenses Trade Date :09/28/2006 Settlement Date :10/03/2006 Broker: Lynch Jones & Ryan FNMA Pass Thru Pool #725773 5.500% 09/01/34 FNMA Pass Thru Pool #735503 6.000% 04/01/35 FNMA Pass Thru Pool #735897 5.500% 10/01/35 FNMA Pass Thru Pool #835760 4.500% 09/01/35 GNMA Pass Thru Pool #599190 6.000% 03/15/35 GNMA Pass Thru Pool #640896 7.000% 04/15/35 GNMA Pass Thru Pool #641273 4.500% 04/15/35 GS Financial Sq Trsy Oblig Adm The Amount Shown Is The Net Of Withdrawls For The Entire Period 46,506.90 47,439.51 932.61 51,874.20 50,997.86 -876.34 41,578.65 41,673.04 94.39 293.19 297.02 3.83 627.14 622.90 -4.24 896.29 909.30 13.01 360.67 385.91 25.24 55.08 54.41 -0.67 89.94 87.12 -2.82 98.91 104.69 5.78 124,082.18 124,082.18 0.00 STC 74 EBR2GLS-Gain(Loss) on Sale of Asset Page 34 Account Name : Tequesta Public Safety October 01, 2006 To ~er 31, 2006 • Account No :80103784 Gain (Loss) On Sale Of Assets Prior Period Ending Market Value Proceeds Gain/(Loss) (Aggregate Cost Basis) Prudential Financial Inc 44,606.25 45,119.48 513.23 Sold 585 Shares At 77.15 Per Share, Less Expenses Trade Date :10/06/2006 Settlement Date :10/12/2006 Broker: Lynch Jones & Ryan Tolal Gain (Loss) On Sales 311,069.40 311,773.42 704.02 STC 74 EBR2GLS-Gain(Loss) on Sale of Asset Page 35 Account Name : Tequesta Public Safety October 01, 2006 To ~er 31, 2006 • Account No :80103784 List Of Assets Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Gain/(Loss) (Aggregate Market Value) Prlce Cash Short Term Investments GS Financial Sq Trsy Oblig Adm 269717.72 Par Value Total Short Term Investments Fixed Income U S Government & Agencies FHLB 50000 Par Value FHLB Series UD09 25000 Par Value FHLB Series X209 50000 Par Value FHLMC 20000 Par Value FNMA 60000 Par Value FNMA 50000 Par Value FNMA 105000 Par Value U S Treasury Note 50000 Par Value U S Treasury Note 70000 Par Value U S Treasury Note 100000 Par Value U S Treasury Note 50000 Par Value o.oo o.oo o.oo 269,717.72 1.00 269,717.72 0.00 269,717.72 269,717.72 0.00 4.700% 10/04/2011 48,921.88 0.978438 48,921.88 0 .00 5.250% 02/13/2009 25,148.44 1.008125 25,203.13 54 .69 4.100% 03/30/2009 48,984.38 0.983125 49,156.25 171 .87 5.750% 03!15/2009 20,362.50 1.019688 20,393.75 31 .25 5.000% 01/23/2009 59,831.25 0.998125 59,887.50 56 .25 4.250% 09/28/2007 49,546.88 0.99125 49,562.50 15 .62 5.500% 03/15/2011 107,460.94 1.024062 107,526.56 65. 62 4.000% 11/15!2012 48,437.50 0.970313 48,515.63 78. 13 6.000% 08/15/2009 72,559.38 1.035313 72,471.88 -87. 50 4.875% 07!31/2011 101,156.25 1.0125 101,250.00 93. 75 4.875% 08/15/2016 50,781.25 1.020625 51,031.25 250. 00 STC 74 EBR2LOA-List of Assets Page 36 Account Name : Tequesta Public Safety October 01, 2006 To~ber 31, 2006 • Account No :80103784 List Of Assets Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Gain/(Loss) (Aggregate Market Value) Price U S Treasury Note 5.125% 05/15/2016 20,750.00 1.039375 20,787.50 37.50 20000 Par Value U S Treasury Note 4.875% 05/31/2011 30,346.88 1.012188 30,365.63 18.75 30000 Par Value U S Treasury Note 3.625% 06/15/2010 77,425.00 0.96875 77,500.00 75.00 80000 Par Value Total U S Government 8 Agencies 761,712.53 762,573.46 860.93 Corporate Obligations Cisco Systems 5.500% 02/22/2016 11,087.48 1.011525 11,126.77 39.29 11000 Par Value Lehman Brothers Holdings 5.500% 04/04/2016 14,944.59 1.000892 15,013.38 68.79 15000 Par Value MidAmerican Energy Co 4.650% 10!01/2014 14,246.66 0.951688 14,275.32 28.66 15000 Par Value Procter & Gamble Co 4.950% 08/15/2014 9,841.06 0.982835 9,828.35 -12.71 10000 Par Value SBC Communications 5.100% 09/15/2014 9,661.95 0.974168 9,741.68 79.73 10000 Par Value Total Corporate Obligations 59,781.74 59,985.50 203.76 Govt MBS/CMOJABS FNMA Pass Thru Pool #725773 5.500% 09/01/2034 26,030.06 0.989977 26,105.99 75.93 26370.31 Par Value FNMA Pass Thru Pool #735503 6.000% 04/01/2035 41,845.02 1.00845 41,913.26 68.24 41562.05 Par Value FNMA Pass Thru Pool #735897 5.500% 10/01/2035 84,612.88 0.988797 84,879.71 266.83 85841.38 Par Value FNMA Pass Thru Pool #835760 4.500% 09!0112035 61,673.46 0.938495 61,930.19 256.73 65988.86 Par Value Total Govt MBS/CMOlABS 214,161.42 214,829.15 667.73 GNMA Mortgage Pass Thru STC 74 EBR2LOA-List of Assets Page 37 Account Name : Tequesta Public Safety October 01, 2006 To ~r 31, 2006 • Account No :80103784 List Of Assets Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Gain/(Loss) (Aggregate Market Value) Prlee GNMA Pass Thru Pool #599190 53447.57 Par Value GNMA Pass Thru Pool #640896 91974.64 Par Value GNMA Pass Thru Pool #641273 72508.52 Par Value Total GNMA Mortgage Pass Thru Equity Equity AFLAC Inc 815 Shares Anheuser-Busch Coslnc 1100 Shares Apartment Invt & Mgmt Co CI A 970 Shares Boeing Co 570 Shares BRE Properties CI A 795 Shares Brown-Forman Corp CI B 610 Shares Caterpillar Inc 800 Shares EI Paso Corp 3540 Shares Fiserv Inc 960 Shares HCC Insurance Holdings Inc 1305 Shares 6.000% 03/15/2035 54,103. 33 1.013937 54,192.49 89 .16 7.000% 04/15!2035 94,955. 78 1.033964 95,098.43 142. 65 4.500% 04/15/2035 68,505. 13 0.948795 68,795.73 290. 60 217,564. 24 218,086.65 522. 41 37,294.40 44.92 36,609.80 -684.60 51,693.95 47.42 52,162.00 468.05 52,777.70 57.32 55,600.40 2,822.70 44,944.50 79.86 45,520.20 575.70 47,485.35 66.30 52,708.50 5,223.15 46,756.50 72.19 44,035.90 -2,720.60 52,640.00 60.71 48,568.00 -4,072.00 48,285.60 13.70 48,498.00 212.40 45,206.40 49.40 47,424.00 2,217.60 42,908.40 33.66 43,926.30 1,017.90 J ~ CL /4 tliK1LVA-List of Assets Page 38 Account Name : Tequesta Public Safety October 01, 2006 To ~er 31, 2006 • Account No :80103784 List Of Assets Prior Period Ending Market Value (Aggregate Market Value) Current Market Unit Pr1Ce Current Market Value Unrealized Gain/(Loss) Heinz (H J) Co 44,445.80 42.16 44,689.60 243.80 1060 Shares Henry Schein Inc 49,387.90 49.69 48,944.65 -443.25 985 Shares Hewlett-Packard Co 50,815.65 38.74 53,654.90 2,839.25 1385 Shares Intl Game Technology 54,961.14 42.51 55,263.00 301.86 1300 Shares J2 Global Communications Inc 54,611.70 27.44 55,154.40 542.70 2010 Shares JP Morgan Chase & Co 51,672.83 47.44 52.184.00 511.17 1100 Shares Kraft Foods Inc A 48,141.00 34.40 46,440.00 -1,701.00 1350 Shares Landstar System Inc 46,970.00 46.44 51,084.00 4,114.00 1100 Shares Lockheed Martin Corp 52,496.60 86.93 53,027.30 530.70 610 Shares Loew's Corp 57,987.00 38.92 59,547.60 1,560.60 1530 Shares McCormick & Co Non Voting Shrs 47,475.00 37.40 46,750.00 -725.00 1250 Shares McKesson HBOC Inc 45,339.20 50.09 43,077.40 -2,261.80 860 Shares NYSE Group Inc 50,830.00 74.05 50,354.00 -476.00 680 Shares P G & E Corp 43,732.50 43.14 45,297.00 1,564.50 1050 Shares Pacer International 38,308.80 30.69 42,352.20 4,043.40 1380 Shares STC 74 EBR2LOA-List of Assets Page 39 • Account Name : Tequesta Public Safety October 01, 2006 To~er 31, 2006 • Account No :80103784 List Of Assets Prior Period Ending Market Value (Aggregate Market Value) Current Market Unit PClee Current Market Value Unrealized Gain/(Loss) Precision Castparts Corp 48,001.60 68.06 51,725.60 3,724.00 760 Shares Protective Life 43,920.00 44.25 42,480.00 -1,440.00 960 Shares Ryanair Holdings PLC Spons ADR 53,480.05 66.82 56,462.90 2,982.85 845 Shares Safeway Inc 52,202.00 29.36 50,499.20 -1,702.80 1720 Shares Seagate Technology 49,989.85 22.58 48,885.70 -1,104.15 2165 Shares Sears Holdings Corp 47,427.00 174.47 52,341.00 4,914.00 300 Shares Simon Property Group Inc 53,465.80 97.10 57,289.00 3,823.20 590 Shares Stericycle Inc 46,759.30 70.71 47,375.70 616.40 670 Shares T Rowe Price Group Inc 55,027.50 47.31 54,406.50 -621.00 1150 Shares Texas Instruments Inc 42,061.25 30.18 38,177.70 -3.883.55 1265 Shares VCA Antech Inc 53,008.20 32.37 47,583.90 -5,424.30 1470 Shares Volvo Aktiebolaget Spons ADR 50,745.00 62.37 53,014.50 2,269.50 850 Shares Wendy's International Inc 54,436.32 34.60 55,360.00 923.68 1600 Shares Total Equity 1,857,691.79 1,878,474.85 20 783 06 TOTAL INVESTMENTS MARXET VALUE 3,380,629.44 3,403,667.33 , . 23,037.89 TOTAL ACCRUED INCOME 12,283.17 12 283 17 NET ASSETS 3,392,912.61 3,415,950.50 23,037.89 STC 74 EBR2LOA-List of Assets Page 40 • Account Name : Tequesta Public Safety October 01, 2006 To ~er 31, 2006 • Account No :80103784 Brokerage Commissions Broker Name Non-Directed Directed No. of Trades Commission Amt No. of Trades Commission Amt Lynch Jones & Ryan Total 8 185.30 8 185.30 0 0.00 0 0.00 ~ ~ G /4 ttiKZtiKGbroker Commissions ' Page 41 SALEM TRL~' COMPANY Statement of Account November 1, 2006 Through November 30, 2006 Salem Trust Company As Custodian For Tequesta Public Safety Pension Fund Account Number :80103784 i ~4,,~~~,~ '^~ I!lli ACCOUNT MANAGER ~_~- --zJI Karen Russo/Pamela Ersly 954-426-5770 Confidential And Privileged Information Village Of Tequesta Attn: Gwen Carlisle 345 Tequesta Drive Tequesta, FL 33469-0273 :~ • Account Name : Tequesta Public Safety November 01, 2006 To No~er 30, 2006 23, 716.38 7, 882.28 Net Asset Summary Net Assets Beginning 11/01/2006 1.0 Summary Of Receipts 1.1 Cash Contributions 1.2 - 1.4 Earnings from Investments Total Receipts 2.0 Summary Of Disbursements 2.1 Distribution Of Benefits 2.2 Other Distributions 2.3 Administration 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 3 6 Accrued Income -Dividend Total Accrued Income Less: Prior Accrued Income Total Changes In Net Assets Net Assets Ending 11/30/2006 STC 74 EBR2NAS-Net Asset Summary 31, 598.66 0.00 6, 504.61 0.00 0 00 -6,504.61 60, 701.46 0.00 457, 711.86 458,199.55 -487.69 12,096.70 1, 519.16 13,615.86 12, 283.17 61, 546.46 • Account No :80103784 $ 3,415,950.50 $ 3,502,591.01 Page 2 „„~ November 01, 2006 To ~rlber 30, 2006 • Account Narre . Tequesta Public Safety Account No :80103784 Changes In Investments Investments Acquired Market Basis GS Financial Sq Trsy Oblig Adm 182,463.96 The Amount Shown Is The Net Of Deposits For The Entire Period Alliant Energy Corp 50,616.67 Purchased 1300 Shares At 38.9159 Per Share Trade Date :11/07/2006 Settlement Date :11/10/2006 Broker: Lynch Jones & Ryan Colgate-Palmolive Co 51,886.96 Purchased 800 Shares At 64.8387 Per Share Trade Date :11/07/2006 Settlement Date :11/10/2006 Broker: Lynch Jones & Ryan Echostar Communications A 50,921.22 Purchased 1400 Shares At 36.3523 Per Share Trade Date :11/07/2006 Settlement Date :11/10/2006 Broker: Lynch Jones & Ryan PPL Corp 46, 812.64 Purchased 1400 Shares At 33.4176 Per Share Trade Date :11/07/2006 Settlement Date :11/10/2006 Broker: Lynch Jones & Ryan U S Treasury Note 4.625% 11/15/16 50,166.96 Purchased 50000 Par Value At 100.333913 Trade Date :11/02/2006 Settlement Date :11/15/2006 Broker: Lehman Brothers U S Treasury Note 4.625% 11/15/16 49,937.50 Purchased 50000 Par Value At 99.875 Trade Date :11/16/2006 Settlement Date :11/20/2006 Broker: Deutsche Bank TotallnvestmentsAcquired STC 74 EBR2CIA-Changes in Investments 482,805.91 Page 3 • November 01, 2006 To No~er 30, 2006 • Account Name : Tequesta Public Safety Changes In Investments Market Basis Account No :80103784 No Stock Dividends /Splits And Other Changes Qualify art, is tesrczc~A•cnanges m Investments Page 4 • November 01, 2006 Tolmber 30, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Earnings From Investments Interest LT S Treasury Note 4.000% 11/15/12 11!15/2006 Rate 2 Payable 11/15/2006 On 50000.00 Par 1,000.00 Symbol: 912828AP5 1, 000.00 GNMA Pass Thru Pool #599190 6.000% 03/15/35 11/15/2006 Rate 0.5 Payable 11/15/2006 On 53447.57 Par 267.24 Symbol: 36200EUP4 267.24 GNMA Pass 'Thru Pool #640896 7.000% 04/15/35 11/15/2006 Rate 0.58333333 Payable 11/15/2006 On 91974.64 Par 536.52 Symbol: 36291 W7H8 536.52 GNMA Pass Thru Pool #641273 4.500% 04/1.5/35 11/15/2006 Rate 0.375 Payable 11/15/2006 On 72508.52 Par 271.91 Symbol: 36291 XMW6 271.91 FNMA Pass Thru Pool #725773 5.500% 09/01/34 11/27/2006 Rate 0.45833333 Payable 11/25/2006 On 26370.31 Par 120.86 Symbol: 31402DJS0 120.86 GS Financial Sq Trsy Oblig Adm 11 /01 /2006 1,319.63 Symbol: 38141XXXX 1,319.63 FNMA Pass Thru Pool #735503 6.000% 04/01!35 11/27/2006 Rate 0.5 Payable 11/25/2006 On 41562.05 Par 207.81 Symbol: 31402RDG1 STC 74 EBR2EFl-Earnings from Investments Page 5 • Account Name : Tequesta Public Safety November 01, 2006 To No~er 30, 2006 • Account No :80103784 Earnings From Investments Interest FNMA Pass Thru Pool #835760 4.500% 09/01/35 11/27/2006 Rate 0.375 Payable 11/25/2006 On 65988.86 Par Symbol: 31407NQM8 FNMA Pass Thru Pool #735897 5.500% 10/01/35 11/27/2006 Rate 0.45833333 Payable 11/25/2006 On 85841.38 Par Symbol: 31402RRS0 U S Treasury Note 5.125% 05/15!16 11/15/2006 Rate 2.5625 Payable 11/15/2006 On 20000.00 Par Symbol: 912828FF2 U S 'Treasury Note 4.875% 05/31/11 11130/2006 Rate 2.4375 Payable 11/30/2006 On 30000.00 Par Symbol: 912828FH8 U S Treasury Note 4.875% 08/15/16 11/03/2006 Accrued Interest On Sale Symbol: 912828F08 U S Treasury Note 4.625% 11/15/16 11!16/2006 Accrued Interest On Sale Symbo1:912828FY1 11/20/2006 Accrued Interest On Purchase Symbo1:912828FY1 11!30/2006 Accrued Interest On Sale Symbo1:912828FY1 207.81 247.46 247.46 393.44 393.44 512.50 512.50 731.25 731.25 529.89 529.89 6.39 -31.94 95.82 STC 74 EBR2EF1-Earnings from Investments Page 6 • Account Name : Tequesta Public Safety November 01, 2006 To•mber 30, 2006 • Account No :80103784 Earnings From Investments Interest 70.27 Totallnterest 6,208.78 STC 74 EBR2EF!-Earnings from Investments Page 7 • Account Name : Tequesta Public Safety Earnings From Investments Dividends Apartment Invt & Mgmt Co Cl A 11/30/2006 970 Shares At 0.6 Per Share Symbo1:03748R101 Caterpillar Inc 11/20/2006 800 Shares At 0.3 Per Share Symbol: 149123101 Seagate Technology 11/20/2006 2165 Shares At 0.1 Per Share Symbol: G7945J104 Simon Property Group Inc 11/30/2006 590 Shares At 0.76 Per Share Symbo1:828806109 Texas Instruments Inc 11(20/2006 1265 Shares At 0.04 Per Share Symbol: 882508104 Wendy's International Inc 11/20/2006 1600 Shares At 0.085 Per Share Symbol: 950590109 Total Dividend November 01, 2006 To No~er 30, 2006 582.00 240.00 216.50 448.40 50.60 136.00 1, 673.50 • Account No :80103784 STC 74 EBR2EF1-Earnings from Investments 582.00 240.00 216.50 448.40 50.60 136.00 Page 8 • Account Name : Tequesta Public Safety November 01, 2006 To•mber 30, 2006 • Account No :80103784 Earnings From Investments Pooled Funds Total Earnings Paid 7,882.28 No Data Qualifies STC 74 EBR2EFl-Earnings from Investments Page 9 • November 01, 2006 To No~er 30, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Earnings From Investments Accrued Income -Interest FHLB 4.700% 10/04/11 50000 Par Value At 0.047 Par Symbol: 3133X8RO7 FHLB Series UD09 5.250% 02/13!09 25000 Par Value At 0.0525 Par Symbo1:3133MLT88 FHLB Series X209 4.100% 03/30/09 50000 Par Value At 0.041 Par Symbo1:3133X15Y9 FNMA 5.500% 03/15/11 105000 Par Value At 0.055 Par Symbol: 31359MHK2 U S Treasury Note 4.000% 11/15/12 50000 Par Value At 0.04 Par Symbol: 912828AP5 U S Treasury Note 6.000% 08/15/09 70000 Par Value At 0.06 Par Symbol: 9128275N8 GS Financial Sq Trsy Oblig Adm 338422.55 Par Value At 0.0487 Par Symbo1:38141XXXX U S Treasury Note 5.125% 05/15/16 20000 Par Value At 0.05125 Par Symbo1:912828FF2 365.56 382.81 341.67 1.203.13 82.87 1.221.20 1,221.64 42.47 STC 74 EBR2AE1-Accrued Earnings Page 10 • November 01, 2006 To•mber 30, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Earnings From Investments Accrued Income -Interest U S Treasury Note 4.875% 07/31/11 100000 Par Value At 0.04875 Par Symbol: 912828FN5 FNMA 5.000% 01 /23!09 60000 Par Value At 0.05 Par Symbol: 31359ME74 Cisco Systems 5.500% 02/22!16 11000 Par Value At 0.055 Par Symbol: 17275RAC6 U S Treasury Note 3.625% 06/15/10 80000 Par Value At 0.03625 Par Symbol: 912828DX5 Lehman Brothers Holdings 5.500% 04/04/16 15000 Par Value At 0.055 Par Symbo1:52517PF63 MidAmerican Energy Co 4.650% 10/01/14 15000 Par Value At 0.0465 Par Symbol: 595620AD7 FHLMC 5.750% 03/15/09 20000 Par Value At 0.0575 Par Symbol: 3134A3EM4 FNMA Pass Thru Pool #835760 4.500% 09/01/35 65634.58 Par Value At 0.045 Par Symbol: 31407NQM8 STC 74 EBR2AEl-Accrued Earnings 1,616.17 1,058.33 164.69 1,331.15 128.33 114.31 239.58 237.93 Page 11 • November 01, 2006 To No~er 30, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Earnings From Investments Accrued Income -Interest FNMA Pass Thru Pool #735897 5.500% 10/01!35 85009.18 Par Value At 0.055 Par Symbol: 31402RRS0 FNMA Pass Thru Pool #725773 5.500% 09!01/34 26064.71 Par Value At 0.055 Par Symbol: 31402DJS0 FNMA Pass Thru Pool #735503 6.000% 04/01/35 40864.5 Par Value At 0.06 Par Symbol: 31402RDG1 FNMA 4.250% 09/28/07 50000 Par Value At 0.0425 Par Symbol: 31359MZD8 Procter & Gamble Co 4.950% 08/15/14 10000 Par Value At 0.0495 Par Symbol: 742718DA4 SBC Communications 5.100% 09/15/14 10000 Par Value At 0.051 Par Symbol: 78387GAP8 GNMA Pass Thru Pool #599190 6.000% 03/15/35 53392.87 Par Value At 0.06 Par Symbol: 36200EUP4 GNMA Pass Thru Pool #640896 7.000% 04/15/35 91880.22 Par Value At 0.07 Par Symbol: 36291 W7H8 STC 74 EBR2AE!-Accrued Earnings 376.64 115.48 197.51 365.97 144.38 106.25 258.07 518.10 Paqe 12 • November 01, 2006 To~mber 30, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Earnings From Investments Accrued Income -Interest GNMA Pass Thru Pool #641273 4.500% 04/15/35 72402.73 Par Value At 0.045 Par Symbol: 36291XMW6 Accrued Income -Interest 12,096.70 262.46 STC 74 EBR2AEl-Accrued Earnings Page 13 • Account Name : Tequesta Public Safety November 01, 2006 To No~er 30, 2006 • Account No :80103784 Earnings From Investments Accrued Income -Dividends Boeing Co 570 Shares At 0.3 Per Share 171.00 Symbol: 097023105 EI Paso Corp 3540 Shares At 0.04 Per Share 141.60 Symbol: 28336L109 McKesson HBOC Inc 860 Shares At 0.06 Per Share 51.60 Symbol: 58155Q103 Brown-Forman Corp CI B 610 Shares At 0.3025 Per Share 184.53 Symbol: 115637209 Lockheed Martin Corp 610 Shares At 0.35 Per Share 213.50 Symbol: 539830109 Protective Life 960 Shares At 0.215 Per Share 206.40 Symbol: 743674103 Anheuser-Busch Cos Inc 1100 Shares At 0.295 Per Share 324.50 Symbol: 035229103 AFLAC Inc 815 Shares At 0.16 Per Share 130.40 Symbol: 001055102 STC 74 EBR2AEl•Accrued Earnings Page 14 November 01, 2006 To~mber 30, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Earnings From Investments Accrued Income -Dividends Loew's Corp 1530 Shares At 0.0625 Per Share Symbol: 540424108 Accrued Income -Dividends Total Accrued Income STC 74 EBR2AE1-Accrued Earnings 95.63 13, 615.86 1,519.16 Page 15 • N b 01 2006 T N ~ • ovem er , o o er 30 , 2006 Account Name : Tequesta Public Safety Account No :80103784 Balance Sheet As Of 11/O1/200(i As Ot 11/30/2006 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 12,283.17 12,283.17 13,615.86 13,615.86 Total Cash And Receivables 12,283.17 12,283.17 13,615.86 13,615.86 Cash Short Term Investments 269,717.72 269,717.72 338,422.55 338,422.55 Total Cash 269,717.72 269,717.72 338,422.55 338,422.55 Fixed Income U S Government & Agencies 766,807.87 762,573.46 716,026.62 714,526.58 Corporate Obligations 59,431.12 59,985.50 59,431.12 60,550.58 Govt MBS/CMO/ABS 216,207.02 214,829.15 214,028.90 214,613.78 GNMA Mortgage Pass Thru 225,285.02 218,086.65 225,023.25 218,722.56 Total Fixed Income 1,267,731.03 1,255,474.76 1,214,509.89 1,208,413.50 Equity Equity 1,583,145.15 1,878,474.85 1, 626,485.39 1,942,139.10 Total Eyc~ity 1,583,145.15 1,878,474.85 1,626,485.39 1,942,139.10 Total Holdings 3,120,593.90 3,403,667.33 3,179,417.83 3,488,975.15 TOTAL ASSETS 3,132,877.07 3,415,950.50 3,193,033.69 3,502,591.01 Payables Due To Broker 0.00 0.00 0.00 0.00 Total Payables 0.00 0.00 0.00 0.00 TOTAL LIABILITIES o.oo o.oo o.oo o.oo Total Net Asset Value 3,132,877.07 3,415,950.50 3,193,033.69 3,502,591.01 Total Liahilities And Equity 3,132,877.07 3,415,950.50 3,193,033.69 3,502,591.01 STC 74 EBR26LS-Balance Sheet Page 16 Account Nam•Te uesta Public q Safety Investment Summary Cash Cash Short Term Investments Total Cash Fixed Income U S Government & Agencies Corporate Obligations Govt MBS/CMO/ABS GNMA Mortgage Pass Thru Total Fixed Income Equity Equity `Total Equity Changes In Investment - Uther Total Changes In Investment -Other Realized Cain/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 Total Total Changes In Net Assets STC 74 EBR2S01-Investment Summary November 01, 2006 T~mber 30, 2006 Beginning Ending Of Period Of Period 0.00 0.00 269,717.72 338,422.55 269,717.72 338,422.55 762,573.46 714,526.58 59,985.50 60,550.58 214,829.15 214,613.78 218,086.65 218,722.56 1, 255, 474.76 1, 208, 413.50 1,878,474.85 1,942,139.10 1, 878,474.85 1, 942,139.10 457,711.86 458,199.55 0.00 0.00 12,283.17 13,615.86 12,283.17 13,615.86 $ 3,415,950.50 $ 3,502,591.01 • Account No :80103784 Investment Change 0.00 2,984.37 565.08 1,945.98 889.37 6, 384.80 54,316.66 54,316.66 0.00 -487.69 13,615.86 12,283.17 1,332.69 $ 61,546.46 Page 17 • November 01, 2006 To No~er 30, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Summary of Receipts 1.1 Contributions Employer Contributions 15,363.91 Employee Contributions 8,352.47 Other Contributions 0.00 Total 23,716.38 Earnings From Investments 1.2 Interest 6,208.78 1.3 Dividends 1,673.50 1.4 Pooled Funds 0.00 Tota! 7,gg2,28 Total Receipts $ 31,598.66 Summary of Disbursements 2.1 Distribution Of Benefits Total 2.2 Other Distributions Miscellaneous Disbursement Total 2.3 Administration Expenses Fees And Commissions Total 2.4 Other Expenses Total Total Disbursements 0.00 -6,504.61 -6, 504.61 0.00 0.00 -6,504.61 STC 74 EBR2SOR-Summary of Receipts Page 18 • November 01, 2006 T~ember 30, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Contributions Employer Contribution 11/03/2006 Employer Contribution 7,457.05 For payroll period ending 10/28/06 11/20/2006 Employer Contribution 7,906.86 For payroll period ending 11/11/06 Total Employer Contribution 15,363.91 Employee Contributions 11/03/2006 Employee Contributions 4,082.35 For payroll period ending 10/28/06 11/20!2006 Employee Contributions 4,270.12 For payroll period ending 11/11/06 Total Employee Contributions 8,352.47 Total Casl: Contributions 23,716.38 S TC 74 EBR2COR-Confri6ufions 6 Other Receipts Page 79 • November 01, 2006 To No~er 30, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Other Receipts No Data Qualifies ___ STC 74 EBR2COR-Contributions 8 Other Receipts Page 20 • November 01, 2006 T~ember 30, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Distribution Of Benefits No Data Qualifies STC 74 EBR2DAE-Distribution 8 Expenses page 11 • November 01, 2006 To N~er 30, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Other Disbursements Miscellaneous Disbursement 11/17/2006 To : Bogdahn Consulting -2,000.00 Quarterly monitoring fee for period 07101/06 to 09/30/06 11/17/2006 To : Rockwood Capital Advisors -4,436.94 Management fee for quarter ending 09/30/06 11/17/2006 To : Village of Tequesta -67.67 Reimbursement for shipping pension docum Reversed By Tran #3911887 On 12!11/2006 Total Miscellaneous Disbursement -6,504.61 Tolal Other Distributions -6,504.61 STC 74 EBR2DAE-Distribution 8 Expenses Page 22 • Account Name : Tequesta Public Safety Administrative Expenses November 01, 2006 T~ember 30, 2006 Account No :80103784 No Data Qualifies STC 74 EBR2DAE-Distribution & Expenses Page 23 • November 01, 2006 To No~er 30, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Other Expenses No Data Qualifies i c is ttsKZUAt-Distribution & Expenses Page 24 Account Name : November 01, 2006 ember 30, 2006 Tequesta Public Safety • Account No :80103784 Transac tions Date Description Income Principal * * * Starting Balances * * * $ 0.00 $ 0.00 11 /01 /2006 Interest GS Financial Sq Trsy Oblig Adm 1,319.63 Payable On 10/31/2006 11/03/2006 Sold On 11/01/2006 50000 Units U S Treasury Note 4.875% 08/15/16 51,187.50 50000 Units At $ 102.375 Through Deutsche Bank 11/03/2006 Accrued Interest Received U S Treasury Note 4.875% 08/15/16 529.89 Par Value Of 50,000.00 11/03/2006 Scheduled Cash Deposit Employer Contribution 7,457.05 Received From :Village of Tequesta For payroll period ending 10/28/06 11/03/2006 Scheduled Cash Deposit Employee Contributions 4,082.35 Received From :Village of Tequesta For payroll period ending 10/28!06 11/10/2006 Purchased On 11/07/2006 1300 Units Alliant Energy Corp -50,616.67 1300 Units At $ 38.9159 Per Unit Through Lynch Jones & Ryan 11/10/2006 Purchased On 11/07/2006 1400 Units PPL Corp -46,812.64 1400 Units At $ 33.4176 Per Unit Through Lynch Jones & Ryan 11/10/2006 Purchased On 11/07/2006 1400 Units Echostar Communications A -50,921.22 1400 Units At $ 36.3523 Per Unit STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 25 November 01, 2006 To No~er 30, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Transactions Date Description Income Principal Through Lynch Jones & Ryan 11/10/2006 Purchased On 11/07/2006 800 Units -51,886.96 Colgate-Palmolive Co 800 Units At $ 64.8387 Per Unit Through Lynch Jones & Ryan 11/10/2006 Sold On 11/07/2006 1100 Units 50,770.04 Landstar System Inc 1100 Units At $ 46.176 Through Lynch Jdnes & Ryan ~ 11/10/2006 Sold On 11/07/2006 800 Units 48,194.03 Caterpillar Inc 800 Units At $ 60.2644 Through Lynch Jones & Ryan 11/10/2006 Sold On 11/07/2006 2165 Units 49,614.42 Seagate Technology 2165 Units At $ 22.9373 Through Lynch Jones & Ryan 11!10/2006 Sold On 11/07/2006 1380 Units 41,054.70 Pacer International 1380 Units At $ 29.7707 Through Lynch Jones & Ryan 11/15/2006 Interest 1,000.00 U S Treasury Note 4.000% 11/15/12 Payable On 11/15/2006 Received On 50000 Units 11/15/2006 Interest 512.50 U S Treasury Note 5.125% 05/15/16 Payable On 11/15/2006 Received On 20000 Units 11/15/2006 Mortgage Backed -GNMA Principal 54.70 On 11/15/2006 GNMA Pass Thru Pool #599190 6.000% 03/15/35 STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 26 • November 01, 2006 T~ember 30, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Transactions .Date Description Income Principal 11/15/2006 Mortgage Backed -GNMA Interest 267.24 GNMA Pass Thru Pool #599190 6.000% 03/15/35 Payable On 11/15/2006 Received On 53447.57 Units Principal Balance Reduction of 54.700000 11/15/2006 Mortgage Backed -GNMA Principal 94.42 On 11/15/2006 GNMA Pass Thru Pool #640896 7.000% 04/15/35 11/15/2006 Mortgage Backed -GNMA Interest 536.52 GNMA Pass Thru Pool #640896 7.000% 04/15/35 Payable On 11/15/2006 Received On 91974.64 Units Principal Balance Reduction of 94.420000 11/15/2006 Mortgage Backed -GNMA Principal 105.79 On 11 /15/2006 GNMA Pass Thru Pool #641273 4.500% 04/15/35 11/15/2006 Mortgage Backed -GNMA Interest 271.91 GNMA Pass Thru Pool #641273 4.500% 04/15/35 Payable On 11/15/2006 Received On 72508.52 Units Principal Balance Reduction of 105.790000 11/15/2006 Purchased On 11/02/2006 50000 Units -50,166.96 U S Treasury Note 4.625% 11/15/16 50000 Units At $ 100.333913 Per Unit Through Lehman Brothers 11/16/2006 Sold On 11/14/2006 50000 Units 50,273.44 U S Treasury Note 4.625% 11/15/16 50000 Units At $ 100.546875 Through Deutsche Bank STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 27 • November 01, 2006 To No~er 30, 2006 Account Name : Tequesta Public Safety • Account No :80103784 Transactions Date Description Income Principal 11/16/2006 Accrued Interest Received 6.39 U S Treasury Note 4.625% 11/15/16 Par Value Of 50,000.00 11/17/2006 Scheduled Cash Disbursement -2,000.00 Miscellaneous Disbursement Paid To : Bogdahn Consulting Quarterly monitoring fee for period 07/01/06 to 09/30/06 11/17/2006 Scheduled Cash Disbursement -4,436.94 Miscellaneous Disbursement Paid To :Rockwood Capital Advisors Management fee for quarter ending 09/30/06 11/17/2006 Cash Disbursement -67.67 Miscellaneous Disbursement Paid To :Village of Tequesta Reimbursement for shipping pension docum Reversed By Tran #3911887 On 12/11/2006 11/20/2006 Dividend 240.00 Payable On 11/20/2006 Caterpillar Inc 800 Shares At 0.30 11/20/2006 Dividend 216.50 Payable On 11/17/2006 Seagate Technology 2165 Shares At 0.10 11/20/2006 Dividend 136.00 Payable On 11/20/2006 Wendy's International Inc 1600 Shares At 0.085 I STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 28 • Account Name : November 01, 2006 T~ember 30, 2006 Tequesta Public Safety • Account No :80103784 Transactions Date Description Income Principal 11/20/2006 Dividend Payable On 11/20/2006 50.60 Texas Instruments Inc 1265 Shares At 0.04 11/20/2006 Purchased On 11/16/2006 50000 Units U S Treasury Note 4.625% 11/15/16 -49,937.50 50000 Units At $ 99.875 Per Unit Through Deutsche Bank 11/20/2006 Purchase Accrued Interest U S Treasury Note 4.625% 11/15/16 -31.94 To 11 /20/2006 11/20/2006 Scheduled Cash Deposit Employer Contribution 7,906.86 Received From :Village of Tequesta For payroll period ending 11 /11 /06 11/20/2006 Scheduled Cash Deposit Employee Contributions 4,270.12 Received From :Village of Tequesta For payroll period ending 11/11/06 11/27/2006 Mortgage Backed -Other Pass Through Principal 697.55 On 11 /25/2006 FNMA Pass Thru Pool #735503 6.000% 04/01/35 11/27/2006 Mortgage Backed -Other Pass Through Interest 207.81 FNMA Pass Thru Pool #735503 6.000% 04/01/35 Payable On 11/25/2006 Received On 41562.05 Units Principal Balance Reduction of 697.550000 11/27/2006 Mortgage Backed -Other Pass Through Principal On 11 /25/2006 832.20 FNMA Pass Thru Pool #735897 5.500% 10/01/35 STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 29 • November 01 2006 T N ~ 30 2006 • , o o er , Account Name : Tequesta Public Safety Account No :80103784 Transactions Date Description Income Principal 11/27/2006 Mortgage Backed -Other Pass Through Interest 393.44 FNMA Pass Thru Pool #735897 5.500% 10/01/35 Payable On 11/25/2006 Received On 85841.38 Units Principal Balance Reduction of 832.200000 11/27/2006 Mortgage Backed -Other Pass Through Principal 305.60 On 11/25/2006 FNMA Pass Thru Pool #725773 5.500% 09/01/34 11/27/2006 Mortgage Backed -Other Pass Through Interest 120.86 FNMA Pass Thru Pool #725773 5.500% 09/01/34 Payable On 11/25/2006 Received On 26370.31 Units Principal Balance Reduction of 305.600000 11/27/2006 Mortgage Backed -Other Pass Through Principal 354.28 On 11/25/2006 FNMA Pass Thru Pool #835760 4.500% 09/01/35 11/27/2006 Mortgage Backed -Other Pass Through Interest 247.46 FNMA Pass Thru Pool #835760 4.500% 09/01/35 Payable On 11/25/2006 Received On 65988.86 Units Principal Balance Reduction of 354.280000 11/30/2006 Dividend 582.00 Payable On 11/30/2006 Apartment Invt & Mgmt Co CI A 970 Shares At 0.60 11/30/2006 Dividend 448.40 Payable On 11 /30/2006 Simon Property Group Inc 590 Shares At 0.76 STC 74 LARGE FON T -Transactions (2 col) - NEWTRNH Page 30 November 01, 2006 T~ember 30, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Transactions Date Description Income Principal 11/30/2006 Interest 731.25 U S Treasury Note 4.875% 05/31/11 Payable On 11/30/2006 Received On 30000 Units 11/30/2006 Sold On 11/28/2006 50000 Units 50,414.06 U S Treasury Note 4.625% 11/15/16 50000 Units At $ 100.82812 Through Deutsche Bank 11/30/2006 Accrued Interest Received 95.82 U S Treasury Note 4.625% 11 /15/16 Par Value Of 50,000.00 Short Term Investment Summary 11/01/2006 To 11/30/2006 8 Purchase(s) For 0.00 -182,463.96 4 Sale(s) For 0.00 113,759.13 * * * Ending Balances * * * $ 0.00 $ 0.00 S TC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 31 • Account Name : Tequesta Public Safety November 01, 2006 To No~er 30, 2006 • Account No :80103784 Gain (Loss) On Sale Of Assets Prior Period Ending Market Value Proceeds Gain/(Loss) (Aggregate Cost Basis) Caterpillar Inc 48,568.00 48,194.03 -373.97 Sold 800 Shares At 60.26 Per Share, Less Expenses Trade Date :11/07/2006 Settlement Date :11/10/2006 Broker: Lynch Jones & Ryan FNMA Pass Thru Pool #725773 5.500% 09/01/34 302.54 305.60 3.06 FNMA Pass Thru Pool #735503 6.000% 04/01/35 703.44 697.55 - 5.89 FNMA Pass Thru Pool #735897 5.500% 10/01/35 822.88 832.20 9.32 FNMA Pass Thru Pool #835760 4.500% 09!01/35 332.49 354.28 21.79 GNMA Pass Thru Pool #599190 6.000% 03/15/35 55.46 54.70 -0.76 GNMA Pass Thru Pool #640896 7.000% 04/15/35 97.63 94.42 -3.21 GNMA Pass Thru Pool #641273 4.500% 04/15/35 100.37 105.79 5.42 GS Financial Sq Trsy Oblig Adm 113,759.13 113,759.13 0.00 The Amount Shown Is The Net Of Withdrawls For The Entire Period Landstar System Inc 51,084.00 50,770.04 -313.96 Sold 1100 Shares At 46.18 Per Share, Less Expenses Trade Date :11/07/2006 Settlement Date :11/10/2006 Broker: Lynch Jones & Ryan Pacer International 42,352.20 41,054.70 -1,297.50 Sold 1380 Shares At 29.77 Per Share, Less Expenses Trade Date :11/07/2006 Settlement Date : 11!10/2006 Broker: Lynch Jones & Ryan STC 74 EBR2GLS-Gain(Loss) on Sale of Asset Page 32 • November 01, 2006 ember 30, 2006 Account Name : Tequesta Public Safety Gain (Loss) On Sale Of Assets Seagate Technology Sold 2165 Shares At 22.94 Per Share, Less Expenses Trade Date :11/07/2006 Settlement Date :11/10/2006 Broker: Lynch Jones & Ryan U S Treasury Note 4.625% 11/15/16 Sold 50000 Par Value At 100.55 Per ,Less Expenses Trade Date :11/14/2006 Settlement Date :11/16/2006 Broker: Deutsche Bank U S Treasury Note 4.625% 11/15/16 Sold 50000 Par Value At 100.83 Per ,Less Expenses Trade Date :11/28/2006 Settlement Date :11130/2006 Broker: Deutsche Bank U S Treasury Note 4.875% 08/15/16 Sold 50000 Par Value At 102.38 Per ,Less Expenses Trade Date :11/01/2006 Settlement Date :11/03/2006 Broker: Deutsche Bank Total Gain (Loss) On Sales Prior Period Ending Market Value (Aggregate Cost Basis) 48,885.70 50,166,96 49,937.50 51,031.25 458,199.55 • Account No :80103784 Proceeds CUain/(Loss) 49,614.42 728.72 50,273.44 106.48 50,414.06 476.56 51,187.50 156.25 457,711.86 -487.69 STC 74 EBR2GLS-Gain(Loss) on Sale of Asset Page 33 • Account Name : Tequesta Public Safety List Of Assets November 01, 2006 To No~er 30, 2006 • Account No :80103784 Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Gain/(Loss) (Aggregate Market Value) PrICe Cash Short Term Investments GS Financial Sq Trsy Oblig Adm 338422.55 Par Value Total Short Term Investments Fixed L~come U S Government & Agencies FHLB 50000 Par Value FHLB Series 0009 25000 Par Value FHLB Series X209 50000 Par Value FHLMC 20000 Par Value FNMA 50000 Par Value FNMA 60000 Par Value FNMA 105000 Par Value U S Treasury Note 50000 Par Value U S Treasury Note 70000 Par Value U S Treasury Note 100000 Par Value U S Treasury Note 20000 Par Value STC 74 EBR2LOA-List of Assets 0.00 0.00 0.00 338,422.55 1.00 338,422.55 0.00 338,422.55 338,422.55 0.00 4.700% 10/04/2011 48,921.88 0.983438 49,171.88 250.00 5.250% 02/13/2009 25,203.13 1.009688 25,242.19 39.06 4.100% 03/30/2009 49,156.25 0.985625 49,281.25 125.00 5.750% 03/15/2009 20,393.75 1.02125 20,425.00 31.25 4.250% 09/28/2007 49,562.50 0.9925 49,625.00 62.50 5.000% 01/23/2009 59,887.50 0.999688 59,981.25 93.75 5.500% 03/15/2011 107,526.56 1.03 108,150.00 623.44 4.000% 11/15/2012 48,515.63 0.978438 48,921.88 406.25 6.000% 08/15/2009 72,471.88 1.036875 72,581.25 109.37 4.875% 07!31 /2011 101,250.00. 1.017813 101, 781.25 531.25 5.125% 05/15/2016 20,787.50 1.05 21,000.00 212.50 Page 34 • Account Name : Tequesta Public Safety November 01, 2006 ~vember 30, 2006 • Account No :80103784 List Of Assets Prior Period Ending Market Value (Aggregate Market Value) U S Treasury Note 4.875% 05/31/2011 30,365.63 30000 Par Value U S Treasury Note 3.625% 06/15/2010 77,500.00 80000 Par Value Total U S Government 8 Agencies 711,542.21 Corporate Obligations Cisco Systems 5.500% 02/22/2016 11,126.77 11000 Par Value Lehman Brothers Holdings 5.500% 04/04/2016 15,013.38 15000 Par Value MidAmerican Energy Co 4.650% 10/01/2014 14,275.32 15000 Par Value Procter & Gamble Co 4.950% 08/15/2014 9,828.35 10000 Par Value SBC Communications 5.100% 09/15/2014 9,741.68 10000 Par Value Total Corporate Obligations 59,985.50 Govt MBS/CMO/ABS FNMA Pass Thru Pool #725773 5.500% 09/01/2034 25,803.45 26064.71 Par Value FNMA Pass Thru Pool #735503 6.000% 04/01/2035 41,209.82 40864.5 Par Value FNMA Pass Thru Pool #735897 5.500% 10/01/2035 84,056.83 85009.18 Par Value FNMA Pass Thru Pool #835760 4.500% 09/01/2035 61,597.70 65634.58 Par Value Total Govt MBS/CMO/ABS 212,667.80 GNMA Mortgage Pass Thru GNMA Pass Thru Pool #599190 6.000% 03/15/2035 54,137.03 53392.87 Par Value Current Current Market Unit Market Value Price 1.017188 30,515.63 0.973125 77 850 00 1.020922 1.012747 0.961223 0.990022 0.981067 0.998022 1.013058 0.996852 0,951647 1.016223 714,526.58 11,230.14 15,191.21 14,418.34 9,900.22 9, 810.67 60,550.58 26,013.15 41, 398.09 84.741.59 62,460.95 214, 613.78 54,259.05 Unrealized Gain/(Loss) 150.00 350.00 2,984.37 103.37 177.83 143.02 71.87 68.99 565.08 209.70 188.27 684.76 863.25 1,945.98 122.02 STC 74 EBR2LOA-List of Assets Page 35 • Account Name : Tequesta Public Safety List Of Assets November 01, 2006 To Neer 30, 2006 • Account No :80103784 Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Uain/(Loss) (Aggregate Market Value) Price GNMA Pass Thru Pool #640896 91880.22 Par Value GNMA Pass Thru Pool #641273 72402.73 Par Value Total GNMA Mortgage Pass Thru Equity Equity AFLAC Inc 815 Shares Alliant Energy Corp 1300 Shares Anheuser-Busch Cos Inc 1100 Shares Apartment Invt & Mgmt Co CI A 970 Shares Boeing Co 570 Shares BRE Properties CI A 795 Shares Brown-Forman Corp CI B 610 Shares Colgate-Palmolive Co 800 Shares Echostar Communications A 1400 Shares EI Paso Corp 3540 Shares Fiserv Inc 960 Shares 7.000% 04/15/2035 95,000.80 1.034292 95,031.02 30.22 4.500% 04/15/2035 68,695.36 0.958976 69,432.49 737.13 217,833.19 218,722.56 889.37 36,609.80 44 .14 35,974.10 -635 .70 50,616.67 38 .90 50,570.00 -46 .67 52,162.00 47. 51 52,261.00 99 .00 55,600.40 57. 64 55,910.80 310 .40 45,520.20 88. 53 50,462.10 4,941 .90 52,708.50 64. 64 51,388.80 -1,319. 70 44,035.90 69. 45 42,364.50 -1,671. 40 51,886.96 65. 05 52,040.00 153. 04 50,921.22 36. 01 50,414.00 -507. 22 48,498.00 14. 60 51,684.00 3,186. 00 47,424.00 51. 11 49,065.60 1,641. 60 I STC 74 EBR2LOA-List of Assets Page 36 • November 01, 2006 T~ember 30, 2006 • Account Name : Tequesta Public Safety Account No :80103784 List Of Assets Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Gain/(Loss) (Aggregate Market Value) PC1C8 HCC Insurance Holdings Inc 43,926.30 30.19 39,397.95 -4,528.35 1305 Shares Heinz (H J) Co 44,689.60 44.45 47,117.00 2,427.40 1060 Shares Henry Schein Inc 48,944.65 51.53 50,757.05 1,812.40 985 Shares Hewlett-Packard Co 53,654.90 39.46 54,652.10 997.20 1385 Shares Intl Game Technology 55,263.00 43.78 56,914.00 1,651.00 1300 Shares J2 Global Communications Inc 55,154.40 27.93 56,139.30 984.90 2010 Shares JP Morgan Chase & Co 52,184.00 46.28 50,908.00 -1,276.00 1100 Shares Kraft Foods Inc A 46,440.00 35.05 47,317.50 877.50 1350 Shares Lockheed Martin Corp 53,027.30 90.45 55,174.50 2.147.20 610 Shares Loew's Corp 59,547.60 39.92 61,077.60 1,530.00 1530 Shares McCormick & Co Non Voting Shrs 46,750.00 38.72 48,400.00 1,650.00 1250 Shares McKesson HBOC Inc 43,077.40 49.40 42,484.00 -593.40 860 Shares NYSE Group Inc 50,354.00 100.10 68,068.00 17,714.00 680 Shares P G & E Corp 45,297.00 45.93 48,226.50 2,929.50 1050 Shares PPL Corp 46,812.64 36.35 50,890.00 4,077.36 1400 Shares STC 74 EBR2LOA-List of Assets Page 37 • Account Name : Tequesta Public Safety .List Of Assets November 01, 2006 To NL~er 30, 2006 • Account No :80103784 Prior Period Current Current Unrealised Ending Market Value Market Unit Market Value Cain/(Loss) (Aggregate Market Value) Price Precision Castparts Corp 51,725.60 75.46 57,349.60 5,624.00 760 Shares Protective life 42,480.00 47.22 45,331.20 2,851.20 960 Shares Ryanair Holdings PLC Spons ADR 56,462.90 76.59 64,718.55 8,255.65 845 Shares Safeway Inc 50,499.20 30.81 52,993.20 2,494.00 1720 Shares Sears Holdings Corp 52,341.00 171.53 51,459.00 -882.00 300 Shares Simon Property Group Inc 57,289.00 101.98 60,168.20 2,879.20 590 Shares Stericycle Inc 47,375.70 72.42 48,521.40 1,145.70 670 Shares T Rowe Price Group Inc 54,406.50 43.33 49,829.50 -4,577.00 1150 Shares Texas Instruments Inc 38,177.70 29.55 37,380.75 -796.95 1265 Shares VCA Antech Inc 47,583.90 32.24 47,392.80 -191.10 1470 Shares Volvo Aktiebolaget Spons ADR 53,014.50 64.97 55,224.50 2,210.00 850 Shares Wendy's International Inc 55,360.00 32.57 52,112.00 -3,248.00 1600 Shares Total Equity 1,887,822.44 1,942,139.10 54 316 66 TOTAL INVESTMENTSMARIfET VALUE 3,428,273.69 3,488,975.15 , . 60,701.46 TOTAL ACCRUED INCOME 13 615 86 , . 13,615.86 NET ,4SSETS 3,441, 889.55 3, 502, 591.01 60, 701.46 STC 74 EBR2LOA-List of Assets Page 38 • November 01, 2006 T~ember 30, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Brokerage Commissions Broker Name Non-Directed Directed No. of "Trades Commission Amt No. of Trades Commission Amt Lynch Jones & Ryan Total 8 206.90 0 0.00 8 206.90 0 0.00 STC 74 EBR26RC-Broker Commissions Page 39 SALEM TR~ COMPANY Statement of Account December 1, 2006 Through December 31, 2006 Salem Trust Company As Custodian For Tequesta Public Safety Pension Fund Account Number :80103784 ACCOUNT MANAGER Karen Russo/Pamela Ersly 954-426-5770 Confidential And Privileged Information Village Of Tequesta Attn: Gwen Carlisle 345 Tequesta Drive Tequesta, FL 33469-0273 • December 01, 2006 To C~ber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Net Asset Summary Net Assets Beginning 12/01/2006 1.0 Summary Of Receipts 1.1 Cash Contributions 1.2 - 1.4 Earnings from Investments Total Receipts 2,0 Summary Of Disbursements 2 1 Distribution Of Benefits 2 2 Other Distributions 2 3 Administration 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 3.6 Accrued Income -Dividend Total Accrued Income Less: Prior Accrued Income Total Changes In Net Assets Net Assets Ending 12/31/2006 $ 3,502,591.01 $ 3,545,279.28 23, 908.27 S. 940- 84 29, 849.11 2,Ou8 78 0.00 0.00 787.00 -2,835.78 12, 583.97 0.00 284, 068.88 285, 141.12 -1,072.24 14, 236.09 3, 542.98 17,779.07 13, 615.86 15, 674.94 STC 74 EBR2NAS-Net Asset Summary Page 2 • December 01, 2006 ~cember 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Changes In Investments Investments Acquired Market Basis GS Financial Sq Trsy Oblig Adm 23,846.16 The Amount Shown Is The Net Of Deposits For The Entire Period Bayer AG Spons ADR 60,784.52 Purchased 1150 Shares At 52.8361 Per Share Trade Date :12/05/2006 Settlement Date :12/08/2006 Broker: Lynch Jones & Ryan Federated Department Stores 53,737.71 Purchased 1300 Shares At 41.3167 Per Share Trade Date :12/05/2006 Settlement Date : 12!08/2006 Broker: Lynch Jones & Ryan Praxair Inc 56,267.73 Purchased 900 Shares At 62.4997 Per Share Trade Date :12/05/2006 Settlement Date : 12!08/2006 Broker: Lynch Jones & Ryan U S Treasury Note 4.625% 11/15/16 50,562.50 Purchased 50000 Par Value At 101.125 Trade Date 1 113 0/2 006 Settlement Date : 12/04!2006 Broker Deutsche Bank U S Treasury Note 4.625% 11/15/16 50,726.56 Purchased 50000 Par Value At 101.453125 Trade Date :1 210 5/2 0 06 Settlement Date :1 2/0 712 0 06 Broker Lehman Brothers U S Treasury Note 4.625°,% 11/15/16 15,157.03 Purchased 15000 Par Value At 101.046875 Trade Date :12/08/2006 Settlement Date :12/12/2006 Broker: Deutsche Bank Tota[ Investments Acquired 311, 082.21 STC 74 EBR2CIA-Changes in Investments Page 3 • Account Name : Tequesta Public Safety December 01, 2006 To l~ber 31, 2006 • Account No :80103784 Changes In Investments Market Basis No Stock Dividends /Splits And Other Changes Qualify STC 74 EBR2CIA-Changes in Investments Page 4 • December 01, 2006 To ~ber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Earnings From Investments Interest GNMA Pass Thru Pool #599190 6.000% 03/15/35 12/15/2006 Rate 0.5 Payable 12!15/2006 On 53392.87 Par 266,96 Symbo1:36200EUP4 266.96 GNMA Pass Thru Pool #640896 7.000% 04/15/35 12/15/2006 Rate 0.58333333 Payable 12/15/2006 On 91880.22 Par 535.97 Symbol: 36291 W7H8 535.97 GNMA Pass Thru Pool #641273 4.500% 04/15/35 12/15/2006 Rate 0.375 Payable 12/15/2006 On 72402.73 Par 271.51 Symbol: 36291XMW6 271.51 FNMA Pass Thru Pool #725773 5.500% 09/01/34 12!26/2006 Rate 0.45833333 Payable 12/25/2006 On 26064.71 Par 119.46 Symbo1:31402DJS0 119.46 GS Financial Sq Trsy Oblig Adm 12/01 /2006 1,221.64 Symbol: 38141 XXXX 1, 221.64 FNMA Pass Thru Pool #735503 6.000% 04/01/35 12/26/2006 Rate 0.5 Payable 12/25/2006 On 40864.50 Par 204.32 Symbol: 31402RDG1 204.32 FNMA Pass Thru Pool #835760 4.500% 09/01/35 12/26/2006 Rate 0.375 Payable 12/25/2006 On 65634.58 Par 246.13 Symbol: 31407NQM8 STC 74 ESR2EF1-Earnings from Investments Page 5 • December 01, 2006 To C~1ber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Earnings From Investments Interest FNMA Pass Thru Pool #735897 5.500% 10/01/35 12/26/2006 Rate 0.45833333 Payable 12/25/2006 On 85009.18 Par Symbol: 31402RRS0 U S Treasury Note 3.625% 06/15/10 12/15/2006 Rate 1.8125 Payable 12/15/2006 On 80000.00 Par Symbo1:912828DX5 U S Treasury Note 12/04/2006 12/07/2006 12/12/2006 4.625% 11/15/16 Accrued Interest On Purchase Symbol: 912828FY1 Accrued Interest On Purchase Symbol: 912828FY1 Accrued Interest On Purchase Symbol: 912828FY1 Total Interest 246.13 389.63 389.63 1,450.00 1,450.00 -121.37 -140.54 -51.74 -313.65 4, 391.97 STC 74 ESR2EFl-Earnings from Investments Page 6 • Account Name : Tequesta Public Safety December 01, 2006 To ~ber 31, 2006 • Account No :80103784 Earnings From Investments Dividends AFLAC Inc 12/01/2006 815 Shares At 0.16 Per Share 130.40 Symbol: 001055102 130.40 Anheuser-Busch Cos Inc 12/11/2006 1100 Shares At 0.295 Per Share 324.50 Symbol: 035229103 324.50 Boeint; Co 12/01/2006 570 Shares At 0.3 Per Share 171.00 Symbol: 097023105 171.00 BRE Properties Cl A 12/29/2006 795 Shares At 0.5125 Per Share 407.44 Symbo1:05564E106 407.44 Lockheed Martin Corp 12/29/2006 610 Shares At 0.35 Per Share 213.50 Symbol: 539830109 213.50 Loew's Corp 12!11/2006 1530 Shares At 0.0625 Per Share 95.63 Symbol: 540424108 95.63 Protective Life 12/01/2006 960 Shares At 0.215 Per Share 206.40 Symbol: 743674103 206.40 STC 74 EBRIEFI-Earnings from Investments page 7 • December 01, 2006 To ~ber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Earnings From Investments Dividends Total Dividend 1,548.87 STC 74 EBR2EFl-Earnings from Investments Page 8 • December 01, 2006 To ~ber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Earnings From Investments Pooled Funds No Data Qualifies Total Earnings Paid 5,940.84 STC 74 EBR2EFl-Earnings from Investments Page 9 • December 01, 2006 To D~ber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Earnings From Investments Accrued Income -Interest GS Financial Sq Trsy Oblig Adm 208882.57 Par Value At 0.048 Par 921.82 Symbol: 38141XXXX FNMA Pass Thru Pool #835760 4.500% 09/01/35 65247.56 Par Value At 0.045 Par 244.68 Symbol: 31407NOM8 U S Treasury Note 4.625% 11/15/16 115000 Par Value At 0.04625 Par 675.86 Symbo1:912828FY1 U S Treasury Note 4.875% 07/31/11 100000 Par Value At 0.04875 Par 2,026.83 Symbol: 912828FN5 Lehman Brothers Holdings 5.500% 04/04/16 15000 Par Value At 0.055 Par 199.38 Symbol: 52517PF63 MidAmencan Energy Co 4.650% 10/01/14 15000 Par Value At 0.0465 Par 174.38 Symbol: 595620AD7 U S Treasury Note 5.125% 05!15/16 20000 Par Value At 0.05125 Par 130.25 Symbo1:912828FF2 U S Treasury Note 4.875% 05/31!11 30000 Par Value At 0.04875 Par 124.55 Symbol: 912828FH8 STC 74 EBR2AEI-Accrued Earnings Page 10 • December 01, 2006 To D~ber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Earnings From Investments Accrued Income -Interest FNMA Pass Thru Pool #735897 5.500% 10/01/35 84153.69 Par Value At 0.055 Par 385.70 Symbol: 31402RRS0 FNMA 5.000%01/23/09 60000 Par Value At 0.05 Par 1,316.67 Symbol: 31359ME74 Cisco Systems 5.500% 02/22/16 11000 Par Value At 0.055 Par 216.79 Symbol: 17275RAC6 U S Treasury Nole 3.625% 06/15/10 80000 Par Value At 0.03625 Par 127,47 Symbol: 912828DX5 FNMA 4.250% 09/28/07 50000 Par Value At 0.0425 Par 548.96 Symbol: 31359MZD8 FHLMC 5.750% 03/15/09 20000 Par Value At 0.0575 Par 338.61 Symbol: 3134A3EM4 Procter & Gamble Co 4.950% 08/15/14 10000 Par Value At 0.0495 Par 187.00 Symbol: 742718DA4 SBC Communications 5.100% 09/15/14 10000 Par Value At 0.051 Par 150.17 Symbol: 78387GAP8 STC 74 EBR2AEI-Accrued Earnings Page 11 • December 01, 2006 To ~ber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Earnings From Investments Accrued Income -Interest GNMA Pass Thru Pool #599190 6.000% 03/15/35 53337.87 Par Value At 0.06 Par Symbol: 36200EUP4 GNMA Pass Thru Pool #640896 7.000% 04/15/35 86414 Par Value At 0.07 Par Symbol: 36291 W7H8 GNMA Pass Thru Pool #641273 4.500% 04/15/35 72297.14 Par Value At 0.045 Par Symbol: 36291 XMW6 FHLB 4.700% 10/04/11 50000 Par Value At 0.047 Par Symbol: 3133XSRQ7 FHLB Series UD09 5.250% 02/13!09 25000 Par Value At 0.0525 Par Symbol: 3133MLT88 FHLB Series X209 4.100% 03(30!09 50000 Par Value At 0.041 Par Symbo1:3133X15Y9 FNMA 5.500% 03/15/11 105000 Par Value At 0.055 Par Symbol: 31359MHK2 U S Treasury Note 4.000% 11/15/12 50000 Par Value At 0.04 Par Symbol: 912828AP5 266.69 504.08 271.11 567.92 495.83 512.50 1, 700.42 254.14 STC 74 EBR2AEl-Accrued Earnings Page 12 • December 01, 2006 To ~ber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Earnings From Investments Accrued Income -Interest U S Treasury Note 6.000% 08/15/09 70000 Par Value At 0.06 Par 1,575.00 Symbo1:9128275N8 FNMA Pass Thru Pool #735503 6.000% 04!01/35 40244.26 Par Value At 0.06 Par 201.22 Symbol: 31402RDG1 FNMA Pass Thru Pool #725773 5.500% 09/01/34 25758.69 Par Value At 0.055 Par 118.06 Symbo1:31402DJS0 Accrued Income - Inte~~est 14,236.09 STC 74 EBR2AEl-Accrued Earnings Page 13 • December 01, 2006 To l~nber 31, 2006 Account Name : Tequesta Public Safety Earnings From Investments Accrued Income -Dividends • Account No :80103784 iwcKesson Ht3(JG Inc 860 Shares At 0.06 Per Share 51.60 Sold 12/08/2006 Symbol: 58155Q103 EI Paso Corp 3540 Shares At 0.04 Per Share 141.60 Symbol: 28336L109 Heinz (H J) Co 1060 Shares At 0.35 Per Share 371.00 Symbol: 423074103 PG&ECorp 1050 Shares At 0.33 Per Share 346.50 Symbo1:69331C108 Brown-Forman Corp CI B 610 Shares At 0.3025 Per Share 184.53 Symbol: 115637209 Kraft Foods Inc A 1350 Shares At 0.25 Per Share 337.50 Symbol: 50075N104 Hewlett-Packard Co 1385 Shares At 0.08 Per Share 110.80 Symbol: 428236103 Apartment Invt & Mgmt Co CI A 970 Shares At 0.6 Per Share 582.00 Symbol: 037488101 STC 74 EBR2AEl-Accrued Earnings Page 14 • Account Name : Tequesta Public Safety December 01, 2006 To ~nber 31, 2006 • Account No :80103784 Earnings From Investments Accrued Income -Dividends PPL Corp 1400 Shares At 0.275 Per Share 385,00 Symbol: 69351 7106 Safeway Inc 1720 Shares At 0.0575 Per Share 98 90 Symbol: 786514208 HCC Insurance Holdings Inc 1305 Shares At 0.1 Per Share 130.50 Symbol: 404132102 Federated Department Stores 1300 Shares At 0.1275 Per Share 165.75 Symbol 31410H101 McCormick & Co Non Voting Shrs 1250 Shares At 0.2 Per Share 250.00 Symbol: 579780206 T Rowe Price Group Inc 1150 Shares At 0.17 Per Share 195.50 Symbol: 741447108 Intl Game Technology 1300 Shares At 0.13 Per Share 169.00 Symbol: 459902102 Precision Castparts Corp 760 Shares At 0.03 Per Share 22 80 Symbol: 740189105 Accrued Income -Dividends Total Accrued Income STC 74 EBR2AE1-Accrued Earnings 3, 542.98 17,779.07 Page 15 • Account Name : Tequesta Public Safety December 01, 2006 To M~ber 31, 2006 • Account No :80103784 Balance Sheet As of Iziol/2o0~ ~s or 1z/3iizoo~ Cost Value Market Value Cost Value Market Value Cash And Receivables Cash Due From Broker Accrued Income Total Cash And Receivables Cash Short Term Investments Total Cash Fixed Income U S Government & Agencies Corporate Obligations Govt MBS/CMO/ABS GNMA Mortgage Pass Thru Total Frxed Income Equity Equity Total Equity Total Holdings TOTAL ASSETS Payables Due To Broker Total Payables TOTAL LIABILITIE S Total Net Asset Value Total Liabilities And Equity STC 74 EBR28LS-Balance Sheet 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 13,615.86 13,615.86 17,779.07 17,779.07 13,615.86 13,615.86 17,779.07 17,779.07 338,422.55 338,422.55 208,882.57 208,882.57 338,422.55 338,422.55 208,882.57 208,882.57 716,026.62 714,526.58 832,472.71 823,573.46 59,431.12 60,550.58 59,431.12 59,677.34 214,028.90 214,613.78 211,875.43 210,420.14 225,023.25 218,722.56 218,988.36 211,655.60 1,214,509.89 1,208,413.50 1,322,767.62 1,305,326.54 1,626,485.39 1,942,139.10 1,683,862.94 2,013,291.10 1,626,485.39 1,942,139.10 1,683,862.94 2,013,291.10 3,179,417.83 3,488,975.15 3,215,513.13 3,527,500.21 3,193,033.69 3,502,591.01 3,233,292.20 3,545,279.28 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 o.oo o.oo o.oo o.oo 3,193,033.69 3,502,591.01 3,233,292.20 3,545,279.28 3,193,033.69 3,502,591.01 3,233,292.20 3,545,279.28 Page 16 • December 01, 2006 To ~ Account Name : Tequesta Public Safety ber 31, 2006 • Account No :80103784 Investment Summary Beginning Ending Investment Of Period Of Period Change Cash Cash 0.00 0.00 Short Term Investments 338,422.55 208,882.57 Total Cash 338,422.55 208,882.57 0.00 Fixed Income U S Government & Agencies 714,526.58 823,573.46 -7,399.21 Corporate Obligations 60,550.58 59,677.34 -873.24 Govt MBS/CMO/ABS 214,613.78 210,420.14 -2,038.78 GNMA Mortgage Pass Thru 218,722.56 211,655.60 -1,256.14 Total Fixed Income 1,208,413.50 1,305,326.54 -11,567.37 Equity Equity 1,942,139.10 2,013,291.10 24,151.34 Total Equity 1,942,139.10 2,013,291.10 24,151.34 Changes In Investment -Other Total Changes In Investment -Other o.oo Realized Gain/Loss On Sales Proceeds 284,068.88 Less: Aggregate Carry Value (Market Value) 285,141.12 Net Period Accruals 0.00 0.00 -1,072.24 Accrued Income Accrued Income 13,615.86 17,779.07 17,779.07 Less: Prior Accrued Income 13,615.86 Total Accrued Income 13,615.86 17,779.07 4,163.21 Investment Summary Total $ 3,502,591.01 $ 3,545,279.28 Total Changes In Net Assets $ 15,674.94 STC 74 EBR2S0l-Investment Summary Page 17 • December 01, 2006 To [~tber 31, 2006 . Account Name : Tequesta Public Safety Account No :80103784 Summary of Receipts 1.1 Contributions Employer Contributions 15,425.51 Employee Contributions 8,482.76 Other Contributions 0.00 Total 23,908.27 Earnings From Investments 1.2 Interest 4,391.97 1.3 Dividends 1,548.87 1.4 Pooled Funds 0.00 Total 5,940.84 Total IZeccipls $ 29,849.11 Summary of Disbursements 2.1 Distribution Of Benefits Lump Sum Benefit Payment -1,639.02 Federal Withholding -STC -409.76 Total -2,048.78 2.2 Other Distributions Total 0.00 2.3 Administration Expenses Fees And Commissions Total 0.00 2.4 Other Expenses Miscellaneous Expense -787.00 STC 74 EBR2SOR-Summary of Receipts Page 18 • Account Name : Tequesta Public Safety Summary of Disbursements Total Total Disbursements STC 74 E8R2SOR-Summary of Receipts December 01, 2006 To ~ber 31, 2006 -787.00 2,835.78 • Account No :80103784 Page 19 • December 01, 2006 To [•nber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Contributions Employer Contribution 12/07/2006 Employer Contribution 8,615.52 For payroll period ending 11/25/06 12!19/2006 Employer Contribution 6,809.99 For payroll period ending 12/09/06 Total Employer Contribution 15,425.51 Employee Contributions 12/07/2006 Employee Contributions 4,709.66 For payroll period ending 11/25/06 12/19/2006 Employee Contributions 3,773.10 For payroll period ending 12/09/06 Total Employee Contributions 8,482.76 Total Cash Contributions 23,908.27 5 I C 74 EBR2COR-Contributions 8 Other Receipts Page 20 .7 Account Name : Tequesta Public Safety Other Receipts STC 74 EBR2COR-Contributions 8 Other Receipts December 01, 2006 To (~nber 31, 2006 No Data Qualifies • Account No :80103784 Page 21 STC 74 EBR20AE-Distribution d Expenses Page 2? • December 01, 2006 To tuber 31, 2006 • Account Name :Tequesta Public Safety Account No :80103784 Other Disbursements Miscellaneous Disbursement 12!11/2006 To : Village of Tequesta 67.67 Reversing Tran #3862218 On 11/17/2006 Address incorrect 12/11/2006 To : Village of Tequesta -67.67 Check #810414 cleared on 12/04/06 Total Miscellaneous Disbursement o.oo Total Other^ Distributions 0.00 STC 74 EBR2DAE-Distribution 8 Expenses Page 23 • Account Name : Tequesta Public Safety Administrative Expenses December 01, 2006 To D~ber 31, 2006 No Data Qualifies • Account No :80103784 STC 74 EBR2DAE-Distribution & Expenses Page 24 • December 01, 2006 To ~ber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Other Expenses Miscellaneous Expense 12!26/2006 To : Hanson Perry & Jensen P A Legal services through 11/15!06 Total Miscellaneous Expense Total Other Expenses -787.00 -787.00 -787.00 STC 74 EBR2DAE-Distribution 8 Expenses Page 25 • December 01, 2006 To ~ber 31, 2006 Account Name : Tequesta Public Safety • Account No :80103784 Transactions Date Description Income Principal * * * Starting Balances * * * $ 0.00 $ 0.00 12/01/2006 Dividend Payable On 12/01/2006 171.00 Boeing Co 570 Shares At 0.30 12/01/2006 Dividend Payable On 12/01/2006 130.40 AFLAC Inc 815 Shares At 0.16 12/01/2006 Dividend Payable On 12/01/2006 206.40 Protective Life 960 Shares At 0.215 12/01 /2006 Interest GS Financial Sq Trsy Oblig Adm 1,221.64 Payable On 11 /30/2006 12!04/2006 Purchased On 11/30/2006 50000 Units U S Treasury Note 4.625% 11/15/16 -50,562.50 50000 Units At $ 101.125 Per Unit Through Deutsche Bank 12/04/2006 Purchase Accrued Interest U S Treasury Note 4.625% 11/15/16 -121 .37 To 12/04/2006 12/07/2006 Purchased On 12/05/2006 50000 Units U S Treasury Note 4.625% 11/15/16 -50,726.56 50000 Units At $ 101.453125 Per Unit Through Lehman Brothers 12/07/2006 Purchase Accrued Interest U S Treasury Note 4.625% 11/15/16 -140.54 To 12/07/2006 STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 26 • December 01, 2006 To ~nber 31, 2006 • Account Na me :Tequesta Public Safety Account No :80103784 Trans actions Date Description Income Principal 12/07/2006 Scheduled Cash Deposit 8,615.52 Employer Contribution Received From :Village of Tequesta For payroll period ending 11/25!06 12/07/2006 Scheduled Cash Deposit 4,709.66 Employee Contributions Received From :Village of Tequesta For payroll period ending 11/25/06 12/08/2006 Purchased On 12/05/2006 1300 Units -53,737.71 Federated Department Stores 1300 Units At $ 41.3167 Per Unit Through Lynch Jones & Ryan 12/08/2006 Purchased On 12/05/2006 900 Units -56,267.73 Praxair Inc 900 Units At $ 62.4997 Per Unit Through Lynch Jones & Ryan 12/08/2006 Purchased On 12/05/2006 1150 Units -60,784.52 Bayer AG Spons ADR 1150 Units At $ 52.8361 Per Unit Through Lynch Jones & Ryan 12/08/2006 Sold On 12/05/2006 960 Units 44,829.37 Protective Life 960 Units At $ 46.7187 Through Lynch Jones & Ryan 12/08/2006 Sold On 12/05/2006 860 Units 42,074.20 McKesson HBOC Inc 860 Units At $ 48.945 Through Lynch Jones ~ Ryan 12/08/2006 Sold On 12/05/2006 815 Units 35,983.59 AFLAC Inc 815 Units At $ 44.173 Through Lynch Jones 8~ Ryan STC 74 LARGE FONT -Transactions (1 col) - NEWTRNH Page 27 • December 01, 2006 To ~ber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Transactions Dafe Description Income Principal 12/11/2006 Dividend Payable On 12/11/2006 95.63 Loew's Corp 1530 Shares At 0.0625 12/11/2006 Dividend Payable On 12/11/2006 324.50 Anheuser-Busch Cos Inc 1100 Shares At 0.295 12/11/2006 Reversal of Cash Disbursement Miscellaneous Disbursement 67.67 Paid To :Village of Tequesta Reversing Tran #3862218 On 11/17/2006 Address incorrect 12/11/2006 Cash Disbursement Miscellaneous Disbursement -67.67 Paid To :Village of Tequesta Check #810414 cleared on 12/04/06 12/12/2006 Purchased On 12/08/2006 15000 Units U S Treasury Note 4.625% 11/15/16 -15,157.03 15000 Units At $ 101.046875 Per Unit Through Deutsche Bank 12/12/2006 Purchase Accrued Interest U S Treasury Note 4.625% 11/15/16 -51.74 To 12/12/2006 12/15/2006 Interest U S Treasury Note 3.625% 06/15/10 1,450.00 Payable On 12/15/2006 Received On 80000 Units 12/15/2006 Mortgage Backed -GNMA Principal On 12/15/2006 55.00 GNMA Pass Thru Pool #599190 6.000% 03/15/35 STC 74 LARGE FONT -Transactions (2 colt - NEWTRNH Page 28 • December 01, 2006 To ~ber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Transactions Date Description Income Principal 12/15/2006 Mortgage Backed -GNMA Interest 266.96 GNMA Pass Thru Pool #599190 6.000% 03/15/35 Payable On 12/15/2006 Received On 53392.87 Units Principal Balance Reduction of 55.000000 12/15/2006 Mortgage Backed -GNMA Principal 5,466.22 On 12/15/2006 GNMA Pass Thru Pool #640896 7.000% 04/15/35 12/15/2006 Mortgage Backed -GNMA Interest 535.97 GNMA Pass Thru Pool #640896 7.000% 04/15/35 Payable On 12/15/2006 Received On 91880.22 Units Principal Balance Reduction of 5466.220000 12!15/2006 Mortgage Backed -GNMA Principal 105.59 On 12/15/2006 GNMA Pass Thru Pool #641273 4.500% 04/15/35 12/15/2006 Mortgage Backed -GNMA Interest 271.51 GNMA Pass Thru Pool #641273 4.500% 04/15/35 Payable On 12/15/2006 Received On 72402.73 Units Principal Balance Reduction of 105.590000 12/18/2006 Cash Disbursement Lump Sum Benefit Payment -1,639.02 Paid To :Robert Neier Gross $2,048.78 Withholding $409.76 12/18/2006 Transfer Between Accounts -Disbursement Federal Withholding -STC -409.76 Paid To : Acct # 13950800 -STC TEFRA (Federal Tax) W/H Account Paid For Robert Neier STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 29 • Account Name :Tequesta Public Safety December 01, 2006 To ~nber 31, 2006 • Account No :80103784 Transactions Date Description Income Principal 12/1912006 Scheduled Cash Deposit Employer Contribution Received From :Village of Tequesta For payroll period ending 12/09/06 12/19/2006 Scheduled Cash Deposit Employee Contributions Received From :Village of Tequesta For payroll period ending 12/09/06 12/26/2006 Mortgage Backed -Other Pass Through Principal On 12/25/2006 FNMA Pass Thru Pool #725773 5.500% 09/01/34 12/26/2006 Mortgage Backed -Other Pass Through Interest FNMA Pass Thru Pool #725773 5.500% 09/01/34 Payable On 12/25/2006 Received On 26064.71 Units Principal Balance Reduction of 306.020000 12/26/2006 Mortgage Backed -Other Pass Through Principal On 12/25/2006 FNMA Pass Thru Pool #735503 6.000% 04/01/35 12/26/2006 Mortgage Backed -Other Pass Through Interest FNMA Pass Thru Pool #735503 6.000% 04/01/35 Payable On 12/25/2006 Received On 40864.5 Units Principal Balance Reduction of 620.240000 12/26/2006 Mortgage Backed -Other Pass Through Principal On 12/25/2006 FNMA Pass Thru Pool #835760 4.500% 09/01/35 12/26/2006 Mortgage Backed -Other Pass Through Interest FNMA Pass Thru Pool #835760 4.500% 09/01/35 Payable On 12/25/2006 Received On 65634.58 Units 6,809.99 3,773.10 306.02 1 19.46 620.24 204.32 387.02 246.13 STC 74 LARGE FONT -Transactions (1 co!) - NEWTRNH Page 30 • December 01, 2006 To ~nber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 Transactions Date Description Income Principal Principal Balance Reduction of 387.020000 12/26/2006 Scheduled Cash Disbursement -787.00 Miscellaneous Expense Paid To :Hanson Perry & Jensen P A Legal services through 11/15/06 12/26/2006 Mortgage Backed -Other Pass Through Principal 855.49 On 12/25/2006 FNMA Pass Thru Pool #735897 5.500% 10/01/35 12/26/2006 Mortgage Backed -Other Pass Through Interest 389.63 FNMA Pass Thru Pool #735897 5.500% 10/01/35 Payable On 12/25/2006 Received On 85009.18 Units Principal Balance Reduction of 855.490000 12/29/2006 Dividend 213.50 Payable On 12/29/2006 Lockheed Martin Corp 610 Shares At 0.35 12/29/2006 Dividend 407.44 Payable On 12/29/2006 BRE Properties CIA 795 Shares At 0.5125 Short Term Invesfinent Summary 12/01/2006 To 12/31/2006 6 Purchase(s) For 0.00 -23,846.16 5 Sale(s) For 0.00 153,386.14 * * * Ending Balances * * * $ 0.00 $ 0.00 STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 31 • Account Name : Tequesta Public Safety Gain (Loss) On Sale Of Assets December 01, 2006 To ~ber 31, 2006 Prior Period Ending Market Value (Aggregate Cost Basis) • Account No :80103784 Proceeds Gain/(Loss) AFLAC Inc 35,974.10 35,983.59 9.49 Sold 815 Shares At 44.17 Per Share, Less Expenses Trade Date :12/05/2006 Settlement Date :12/08/2006 Broker: Lynch Jones & Ryan FNMA Pass Thru Pool #725773 5.500% 09/01/34 305.41 306.02 0.61 FNMA Pass Thru Pool #735503 6.000% 04/01!35 628.34 620.24 -8.10 FNMA Pass Thru Pool #735897 5.500% 10/01/35 852.80 855.49 2.69 FNMA Pass Thru Pool #835760 4.500% 09/01/35 368.31 387.02 18.71 GNMA Pass Thru Pool #599190 6.000% 03/15/35 55.89 55.00 -0.89 GNMA Pass Thru Pool #640896 7.000% 04/15/35 5,653.67 5,466.22 -187.45 GNMA PASS Thru Pool #641273 4.500% 04/15/35 101.26 105.59 4.33 GS Financial Sq Trsy Oblig Adm 153,386.14 153,386.14 0.00 The Amount Shown Is The Net Of Withdrawls For The Entire Period McKesson HBOC Inc 42,484.00 42,074.20 -409.80 Sold 860 Shares At 48.95 Per Share, Less Expenses Trade Date : 12!05/2006 Settlement Date :12/08/2006 Broker: Lynch Jones & Ryan Protective Life 45.331.20 44.829.37 -501.83 Sold 960 Shares At 46.72 Per Share, Less Expenses Trade Date :12/05/2006 Settlement Date :12108/2006 Broker: Lynch Jones & Ryan Total Gain (Loss) On Sales 285,141.12 284,068.88 -1,072.24 STC 74 E8R2GLS•Gain(Loss) on Sale of Asset Page 32 • Account Name : Tequesta Public Safety December 01, 2006 To ~ber 31, 2006 • Account No :80103784 List Of Assets Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Gain/(boss) (Aggregate Market Value) Price Cash Short Term Investments GS Financial Sq Trsy Oblig Adm 208882.57 Par Value Total Short Term Investments Fixed Income U S Government & Agencies FHLB 50000 Par Value FHLB Series UD09 25000 Par Value FHLB Series X209 50000 Par Value FHLMC 20000 Par Value FNMA 50000 Par Value FNMA 105000 Par Value FNMA 60000 Par Value U S Treasury Note 115000 Par Value U S Treasury Note 100000 Par Value U S Treasury Note 20000 Par Value U S Treasury Note 30000 Par Value 0 00 0 00 0 00 208,882.57 1.00 208,882.57 0.00 208,882.57 208,882.57 0.00 4.700% 10/04/2011 49,171.88 0.977813 48,890 .63 -281. 25 5.250% 02/13/2009 25,242.19 1.004375 25,109. 38 -132. 81 4.100% 03/30/2009 49,281.25 0.980938 49,046. 88 -234. 37 5.750% 03/15/2009 20,425.00 1.015313 20,306. 25 -118. 75 4.250% 09/28/2007 49,625.00 0.992188 49,609 .38 -15. 62 5.500% 03/15/2011 108,150.00 1.02125 107,231. 25 -918. 75 5.000% 01/23/2009 59,981.25 0.999375 59,962. 50 -18. 75 4.625% 11/15/2016 116,446.09 0.993437 114,245. 31 -2,200. 78 4.875% 07/31/2011 101,781.25 1.006875 100.687. 50 -1.093. 75 5.125% 05/15/2016 21,000.00 1.03 20,600. 00 -400. 00 4.875% 05/31/2011 30,515.63 1.006875 30,206. 25 -309. 38 STC 74 EBR2LOA-List o(Assets Page 33 • Account Name : Tequesta Public Safety December 01, 2006 Tolmber 31, 2006 • Account No :80103784 List Of Assets Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Gain/(Loss) (Aggregate Markel Value) Price U S Treasury Note 80000 Par Value U S Treasury Note 50000 Par Value U S Treasury Note 70000 Par Value Total U S Government 8 Agencies Corporate Obligations Cisco Systems 11000 Par Value Lehman Brothers Holdings 15000 Par Value MidAmerican Energy Co 15000 Par Value Procter & Gamble Co 10000 Par Value SBC Communications 10000 Par Vaiue Total Corporate Obligations Govt MBS/CMO/ABS FNMA Pass Thru Poot #725773 25758.69 Par Value FNMA Pass Thru Pool #735503 40244.26 Par Value FNMA Pass Thru Poot #735897 84153.69 Par Value FNMA Pass Thru Pool #835760 65247.56 Par Value Total Govt MBSICMO/ABS GNMA Mortgage Pass Thru 3.625% 06/15/2010 77,850.00 0.965938 77,275.00 -575 .00 4.000% 11/15/2012 48,921.88 0.965625 48,281.25 -640 .63 6.000% 08/15/2009 72,581.25 1.030313 72,121.88 -459 .37 830,972.67 823,573.46 -7,399. 21 5.500% 02/22/2016 11,230.14 1.000638 11,007.02 -223. 12 5.500% 04/04/2016 15,191.21 0.999864 14,997.96 -193. 25 4.650% 10/01/2014 14,418.34 0.946448 14,196.72 -221. 62 4.950% 08/15/2014 9,900.22 0.976615 9,766.15 -134. 07 5.100% 09/15/2014 9,810.67 0.970949 9,709.49 -101. 18 60,550.58 59,677.34 -873. 24 5.500% 09/01/2034 25,707.74 0.989279 25,482.54 -225. 20 6.000% 04!01/2035 40,769.75 1.008432 40,583.58 -186. 17 5.500% 10/01/2035 83,888.79 0.988579 83,192.53 -696. 26 4.500% 09/01/2035 62,092.64 0.937376 61,161.49 -931. 15 212,458.92 210,420.14 -2,038. 78 STC 74 E8R2LOA•List of Assets Page 34 • December 01, 2006 To ~ber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 List Of Assets Prior Period Ending Market Value (Aggregate Market Value) Current Market Unit ~1"iCe Current Market Value Unrealized Gain/(Loss) GNMA Pass Thru Pool #599190 6.000% 03/15/2035 54,203.16 1.014042 54,086.86 -116.30 53337.87 Par Value GNMA Pass Thru Pool #640896 7.000% 04/15/2035 89,377.35 1.033021 89,267.48 -109.87 86414 Par Value GNMA Pass Thru Pool #641273 4.500% 04/15/2035 69,331.23 0.94473 68,301.26 -1,029.97 72297.14 Par Value Total GNMA Mortgage Pass Thru 212,911.74 211,655.60 -1,256.14 Equity Equity Alliant Energy Corp 50,570.00 37.77 49.101.00 -1,469.00 1300 Shares Anheuser-Busch Cos Inc 52,261.00 49.20 54,120.00 1,859.00 1100 Shares Apartment Invt & Mgmt Co CIA 55,910.80 56.02 54,339.40 -1,571.40 970 Shares Bayer AG Spons ADR 60,784.52 53.36 61,364.00 579.48 1150 Shares Boeing Co 50,462.10 88.84 50,638.80 176.70 570 Shares BRE Properties CIA 51,388.80 65.02 .51,690.90 302.10 795 Shares Brown-Forman Corp CI B 42,364.50 66.24 40,406.40 -1,958.10 610 Shares Colgate-Palmolive Co 52,040.00 65.24 52.192.00 152.00 800 Shares Echostar Communications A 50,414.00 38.03 5,3,242.00 2.828.00 1400 Shares EI Paso Corp 51,684.00 15.28 54,091.20 2,407.20 3540 Shares STC 74 EBR2LOA-List of Assets Page 35 • December 01, 2006 To ~nber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 List Of Assets Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Gain/(Loss) (Aggregate Market Value) Pr-Ce Federated Department Stores 53,737.71 38.13 49,569.00 -4,168.71 1300 Shares Fiserv Inc 49,065.60 52.42 50,323.20 1,257.60 960 Shares HCC Insurance Holdings Inc 39,397.95 32.09 41,877.45 2,479.50 1305 Shares Heinz (H J) Co 47,117.00 45.01 47,710.60 593.60 1060 Shares Henry Schein Inc 50,757.05 48.98 48,245.30 -2,511.75 985 Shares Hewlett-Packard Co 54,652.10 41.19 57,048.15 2,396.05 1385 Shares Intl Game Technology 56,914.00 46.20 60,060.00 3,146.00 1300 Shares J2 Global Communications Inc 56,139.30 27.25 54,772.50 -1,366.80 2010 Shares JP Morgan Chase & Co 50,908.00 48.30 53,130.00 2,222.00 1100 Shares Kraft Foods Inc A 47,317.50 35.70 48,195.00 877.50 1350 Shares Lockheed Martin Corp 55,174.50 92.07 56,162.70 988.20 610 Shares Loew's Corp 61,077.60 41.47 63,449.10 2,371.50 1530 Shares McCormick & Co Non Voting Shrs 48,400.00 38.56 48,200.00 -200.00 1250 Shares NYSE Group Inc 68,068.00 97.20 66,096.00 -1,972.00 680 Shares P G & E Corp 48,226.50 47.33 49,696.50 1,470.00 1050 Shares STC 74 EBRILOA-List o/Assets Page 36 • December 01, 2006 To~rrlber 31, 2006 • Account Name : Tequesta Public Safety Account No :80103784 List Of Assets Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Gain/(Loss) (Aggregate Market Value) ~'rlCe PPL Corp 50,890.00 35.84 50,176.00 -714.00 1400 Shares Praxair Inc 56,267.73 59.33 53.397.00 -2.870.73 900 Shares Precision Castparts Corp 57,349.60 78.28 59,492.80 2,143.20 760 Shares Ryanair Holdings PLC Spons ADR 64,718.55 81.50 68,867.50 4,148.95 845 Shares Safeway Inc 52,993.20 34.56 59,443.20 6,450.00 1720 Shares Sears Holdings Corp 51,459.00 167.93 50,379.00 -1,080.00 300 Shares Simon Property Group Inc 60,168.20 101.29 59,761.10 -407.10 590 Shares Stericycle Inc 48,521.40 75.50 50,585.00 2,063.60 670 Shares T Rowe Price Group Inc 49,829.50 43.77 50,335.50 506.00 1150 Shares Texas Instruments Inc 37,380.75 28.80 36,432.00 -948.75 1265 Shares VCA Antech Inc 47,392.80 32.19 47,319.30 -73.50 1470 Shares Volvo Aktiebolaget Spons ADR 55,224.50 68.75 58,437.50 3,213.00 850 Shares Wendy's International Inc 52,112.00 33.09 52,944.00 832.00 1600 Shares Total Equity 1,989,139.76 2,013,291.10 24,151.34 TOTAL INVESTMENTS MARKET VALUE 3,514,916.24 3,527,500.21 12,583.97 TOTAL ACCRUED INCOME 17,779.07 17,779.07 NET ASSETS 3,532,695.31 3,545,279.28 12,583.97 STC 74 EBR2LOA-List of Assets Page 37 • Account Name : Tequesta Public Safety December 01, 2006 To ~nber 31, 2006 • Account No :80103784 Brokerage Commissions Broker Name Non-Directed Directed No. of Trades Commission Amt No. of Trades Commission Amt Lynch Jones 8 Ryan Total 6 119.70 6 119.70 0 0.00 0 0.00 STC 74 EBR28RC-Broker Commissions Page 38