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HomeMy WebLinkAboutDocumentation_Pension Public Safety_Tab 13_02/14/2006SALEM TRU~I' COMPANY Statement of Account October 1, 2005 Through October 31, 2005 Salem Trust Company As Custodian For Tequesta Public Safety Pension Fund Village Of Tequesta Attn: Jody Forsythe Account Number :80103784 ACCOUNT EXECUTIVE Bradley K. Rinsem 954-426-5772 ACCOUNT MANAGER Karen Russo/Julie. Clark 954-426-5770 Confidential And Privileged Information Village Of Tequesta Attention: Jody Forsythe 250 Tequesta Dr,, Ste. 304 Tequesta, FL 33469-0273 ~: • October 01, 2005 To ~er 31, 2005 Account No : 103784 Account Name : Tequesta Public Safety Net Asset Summary s 2,857,300.00 Net Assets Beginning l0/Ol/2005 1.0 Summary Of Receipts 35, ]50.57 1.1 Cash Contributions 5,3]0.08 1.2 - 1.4 Earnings from Investments 40,460.65 Total Receipts 2.0 Summary Of Disbursements o.Do 2.1 Distribution Of Benefits 0.00 2.2 Other Distributions 0. DO 2.3 Administration Expenses 0.00 2.4 Other Expenses 0.00 Total Disbursements 3.0 Changes In Net Assets _]05,979.09 3.1 Unrealized Gain (Loss) 0.00 3.2 - 3.3 Changes In Investments 3.4 Gain (Loss) On Sale of Assets 212,355.85 Aggregate Proceeds Y17,700.71 Less: Aggregate Carry Value (Market Value) _~ -5,344.86 Total GalniLoss 6,988.16 3.5 Accrued Income -Interest 959.88 3.6 Accrued Income -Dividend 7,948.04 Total Acerued Income 7,502.19 Less: Prior Accrued Income -110,878.10 Total Changes In Net Assets Net Assets Ending 10/31/2005 S 2,786,882.55 ` Pgge Z EBR2NAS-Net Asse' Qi~mmary - • ! October 01, 2005 To O~r 31, 2005 • . Account Name : T"e uesta q Public Safety Account No :80103784 Changes In Investments Investments Acquired Market Basis Goldman Sachs Treasury Obligations Fd 19,490.47 The Amount Shown Is The Net Of Deposits For The Entire Period AFLAC Inc Purchased 815 Shares At 45.25 Per Share 36,901.41 Trade Date :10/10/2005 Settlement Date :10/13/2005 Broker: Lynch Jones 8 Ryan FNMA Preassign 4.250% 09/28/07 Purchased 115000 Par Value At 99.375 114,281.25 Trade Date :10/21 /2005 Settlement Date :10/24/2005 Broker: Cantor Fitzgerald 8 Co. Hcc Insurance Holdings Inc Com Purchased 1305 Shares At 28.02 Per Share 36,603.42 Trade Date :10/10/2005 Settlement Date :10/13/2005 Broker: Lynch Jones & Ryan TECO Energy Inc Purchased 2105 Shares At 17.31 Per Share 36,484.91 Trade Date :10/10/2005 Settlement Date :10/13/2005 Broker: Lynch Jones 8 Ryan Total Investments Acquired 243,761.46 EBR2C/A-Chenpes In Investments Pape 3 • Account Name : Tequesta Public Safety Changes in Investments October 01, 2005 To ~er 31, 2005 No Stock Dividends /Splits And Other Changes Qualify Market Basis Account No : 6U'~OS~aa p~+ae 4 EBR2CIA-Ch~npes INmrestments • October 01, 2005 To O~r 31, 2005 •. Account Name ~uesta Public Safety Account No :80103784 Earnings From Investments Interest U S Treasury Note 3.000% 11/15/07 10/24/2005 Accrued Interest On Sale 990.49 Symbol: 912828AN0 U S Treasury Note 3.125% 01/31/07 10/24/2005 Accrued Interest On Sale 288 72 Symbol: 912826DJ6 FHLB 4.700% 10/04!11 10!04/2005 Rate 2.35 Payable 10/04/2005 On 50000.00 Par 1,175.00 Symbol: 3133X8R07 990.49 2aa.7z 1,175.00 GNMA Pass Thru Pool #599190 6.000% 03/15/35 10/18/2005 Rate 0.5 Payable 10/15/2005 On 99449.05 Par 497.25 Symbol: 36200EUP4 497.26 GNMA Pass Thru Pool #640208 6.500% 03/15/35 10/18/2005 Rate 0.54166667 Payable 10/15/2005 On 119962.55 Par 649.80 Symbol: 36291 WGR6 649.80 GNMA Pass Thru Pool #640896 7.000% 04/15/35 10/18/2005 Rate 0.58333333 Payable 10/15/2005 On 119163.12 Par 695.12 Symbol: 36291 W7H8 695.12 GNMA Pass Thru Pool #641273 4.500% 04/15/35 10/182005 .Rate 0.375 Payable 10/15/2005 On 79382.13 Par 297.68 Symbol: 36291 XMW6 E6R2EF1-EaminBs from Investrnents Page S • Account Name : Tequesta Public Safety Earnings From Investments Interest Goldman Sachs Treasury Obligations Fd 10/0312005 Symbol: 38141XXXX October 01, 2005 To•ber 31, 2005 FNMA Pass Thru Pool #735503 6.000% 04/01/35 10/26/2005 Rate 0.5 Payable 10/2512005 On 54589.10 Par Symbol: 31402RDG1 FNMA Preassign 10124/2005 4.250% 09/28/07 Accrued Interest On Purchase Symbol; 31359MZD8 Total Interest ccount No :80103784 A 297.68 221.16 221.16 272.95 272.95 -352.99 -352.99 4,735.18 p+ae B EBR2EF1-EanMQa 17°m Investments Account Name~que8~ public Safe ty Earnings From Investments Dividends Chesapeake Energy Corp 10/17/2005 1790 Shares At 0.05 Per Share Symbol: 165167107 EI Paso Corp 10/03/2005 PG&ECorp 10/17/2005 3540 Shares At 0.04 Per Share Symbol: 28336L109 1050 Shares At 0.3 Per Share Symbol: 69331 C108 Precision Castparts Corp 10/04/2005 960 Shares At 0.03 Per Share Symbol: 740189105 Total Dividend Iron fnvee6no.,~. October 01, 2005 To t~r 31, 2005 89.50 141.60 315.00 28.80 89.50 141.60 315.00 28.80 574.90 • Account No :80103784 Page 7 _1 • October 01, 2005 T~ber 31, 2005 • Account Name : Tequesta Public Safety Account No :80103784 Earnings From Investments Pooled Funds No Data Qualifies Total Earnings Paid 5,310.08 EBR2EF1-EsmJnps from Invastrnenb . P89e e Account Name :Tequesta Public Safe ty October 01, 2005 To ~r 31, 2005 • Account No :80103784 Earnings From Investments Accrued Income -Interest FNMA Pass Thru Pool #735503 6.000% 04/01/35 52813.72 Par Value At 0.06 Par FNMA 4.250% 09/28/07 115000 Par Value At 0.0425 Par FHLMC 5.750% 03/15/09 50000 Par Value At 0.0575 Par GNMA Pass Thru Pool #599190 6.000% 03/15/35 99355.47 Par Value At 0.06 Par GNMA Pass Thru Pool #640208 6.500% 03/15/35 119853.67 Par Value At 0.065 Par GNMA Pass Thru Pool #640896 7.000% 04/15/35 113995.16 Par Value At 0.07 Par GNMA Pass Thru Pool #641273 4.500% 04/15/35 79269.95 Par Value At 0.045 Par U S Treasury Note 4,000% 02/15/15 45000 Par Value At 0.04 Par FHLB 4.700% 10!04/11 50000 Par Value At 0.047 Par FHLB Series UD09 5.250% 02/13/09 25000 Par Value At 0.0525 Par FHLB Series X209 4.100°/a 03!30/09 _ 50000 Par Value At 0.041 Par 264.07 448.02 367.36 496.78 649.21 664.97 297.26 376.63 176.25 277.08 176.53 EBR2AE1-Accrued Eaminys Pays D • Account Name : Tequesta Public Safety Earnings From Investments ,_._ ~. October 01, 2005 T~ber 31, 2005 :$0103784 Account No ACC1'UCU u~cuwc - ......• ~..- U STreasury Note 3.000% 11/15/07 344.43 25000 Par Value At 0.03 Par FNMA 5.500% 03/15111 737.92 105000 Par Value At 0.055 Par FHLMC 3.500% 09/15107 447.22 100000 Par Value At 0.035 Par U S Treasury Note 6.000% 08!15109 878.80 70000 Par Value At 0.06 Par Goldman Sachs Treasury Obligations Fd 385.63 147414.12 Par Value At 0.034 Par Accrued Income -Interest 6,988.16 PAn. a 10 EBR2AE1-Accrwd Ea-»~pa f Account Name ~uesta Public Safety Earnings From Investments Accrued Income -Dividends October 01, 2005 To O~r 31, 2005 • Account No :80103784 Caterpillar Inc Deere 8 Co 800 Shares At 0.25 Per Share 200.00 560 Shares At 0.31 Per Share 173.60 Sprint Corp 1580 Shares At 0.125 Per Share 197.50 Sold 08/18/2005 Graco Inc 980 Shares At 0.13 Per Share 127.40 Sold 10/13/2005 Apache Corp 620 Shares At 0.1 Per Share 62.00 Abbott Laboratories 725 Shares At 0.275 Per Share 199.38 Accrued /ncome -Dividends TotaiAccrued Income 969.88 7,948.04 EBR2AE6Accrued Eamings P~° ~~ I October 01, 2005 To~er 31, 2005 • • Account No :80103784 Account Name : Tequesta Public Safety Balance Sheet As Of 10/01/2005 Cost Value Market Value As Of 10/31/2005 Cost Value Market Value Cash And Receivables 00 0 9,055.04 9,055.04 Cash 0.00 00 0 . 0.00 0.00 0.00 Due From Broker . 502.19 7 7 502 19 7,948.04 7,948.04 Accrued Income , 7,502.19 7,502.19 17,003.08 17,003.08 Total Cash And Receivables Cash 571.06 128 128, 571.06 147,414.12 147,414.12 Short Term Investments , 128,571.06 128,571.06 147,414.12 147,414.12 Total Cash Fixed Income 842.51 082 1 1,068,272.43 1,077,801.81 1,056,479.37 U S Government 8 Agencies , , 1,082,842.51 1,068,272.43 1,077,801.81 1,056,479.37 Total Fixed Income Equity 969.96 434 1 1,597,443.95 1,435,365.53 1,512,692.60 Equity , , 1,434,969.96 1,597,443.95 1,435,365.53 1,512,692.60 Total Equity Fixed Income 813.09 55 55,510.37 53,997.90 53.293.38 Corporate Obligations , 55,813.09 55,510.37 53,997.90 53,293.38 Total FLYed Income 196.62 702 2 2,849,797.81 2,714,579.36 2,769,879.47 Total Holdings , , 2,709,698.81 2,857,300.00 2,731,582.44 2,786,882.55 TOTAL ASSETS Payables 00 0 0.00 0.00 0.00 Due To Broker . 0.00 0.00 0.00 0.00 Tota! Payables oo o 0.00 p•pp o.oo . TOTAL LIABILITIES 2,709,698.81 2,857,300.00 2,731,582.44 2,786,882.55. Total Net Asset Value 2,709,698.81 2,857,300.00 2,731,582.44 2,786,882.55 Total Liabilities And Equity P~7e 12 EBR28LS-Balance Syeet • October 01, 2005 To O~r 31, 2005 • Account Name : Te uesta Public Safe Account No :80103784 q ~ Summary of Receipts 1.1 Contributions Employer Contributions 27,947.08 Employee Contributions 7,203.49 Other Contributions 0.00 Total 35,150.57 Earnings From Investments 1.21 merest 4,735.18 1.3 Dividends 574.90 1.4 Pooled Funds 0.00 Total ~ 5,310.08 Total Receipts S 40,460.65 Summary of Disbursements 2.1 Distribution Of Benefits Total 0.00 2.2 Other Distributions Total 0.00 2.3 Administration Expenses Fees And Commissions Total ~ 0.00 2.4 Other Expenses 0.00 Total 0.00 Total Disbursements Pie EBRYSOR-Summary~f Receipts • i ;r October 01, 2005 To.er 31, 2005 Account No :80103784 Account Name : Tequesta Public Safety Investment Summary Beginning Ending Investment Of Period Of Period Change Cash 0.00 9,055.04 Cash 128,571.06 147,414.12 Short Term Investments 128,571.06 156,468.16 0.00 Total Cash Fixed Income 1,068,272.43 1,056,479.37 -7,618.65 U S Government & Agencies 55,510.37 53,293.38 -411.65 Corporate Obligations 1,123,782.80 1,109,772.75 -8,030.30 Total Fixed Income Equ'ty 1,597,443.95 1,512,692.60 -97,948.79 Equity 1,587,443.95 1,512,692.60 -97,948.79 Total Equity Changes In Invesment -Other 0.00 Total Changes In Invesment -Other Realized Gain/Loss On Sales Proceeds 212,355.85 Less: Aggregate Carry Value (Market Value) 217,700.71 0.00 0.00 -5,344.88 Net Period Accruals Accrued Income 7,502.19 7,948.04 7,948.04 Accrued Income 7,502.19 Less: Prior Accrued Income ~ 7,502.18 7,948.04 445.85 Total Accrued Income S 2,857,300.00 S 2,786,882.55 /nvestment Summary Total E -110,878.10 Total Changes In Net Assets Page 13 EBR2S0~-Investment Summary • Account Name : Tequesta Public Safety Other Receipts October 01, 2005 To ~er 31, 2005 No Data Qualifies • Account No :80103784 ' Pipe 18 E8R2COR-ContrlbulNns 6 Otlrer Recslpb ~ ~ ..,. .. _ Account Name :~uesta Public Safety Distribution Of Benefits October 01, 2005 To O 31, 2005 • Account No :80103784 No Data Qualifies EBR2DAE-Distribution 8 Expenses Page '-~ October 01, 2005 To O~ 31, 2005 •' Account Name :~uesta Public Safety Account No :80103784 Contributions Employer Contribution 10/12/2005 Employer Contribution 16,513.97 State of Florida 10/12/2005 Employer Contribution 131.00 PPE 09/30/05 10/12/2005 Employer Contribution 310.26 PPE 10/01/05 10/12/2005 Employer Contribution 5,162.92 PPE 09/30/05 10/12/2005 Employer Contribution 271,78 PPE 10/01/05 ~ ~ 10/31!2005 Employer Contribution ~ 5,557.14 ~~~ Payroll period ending 10/15/05 Total Employer Contribution Employee Contribut ions 10/12/2005 Employee Contributions 195.08 PPE 10/01/05 10/12/2005 Employee Contributions 3,263.33 PPE 09/30/05 10/12/2005 Employee Contributions 166.79 PPE 10/01/05 10h 2/2005 Employee Contributions 80.39 PPE 09/30/05 10/31/2005 Employee Contributions ~ 3,497.90'- ~'~~ ~~ ~ Payroll period ending 10/15/05 Total Employee Contributions Total Cash Contributions 27,947.08 7,203.49 35,150.57 ~, EBR2COR-Contributions 6 Other Racelpts p~ 15 October 01, 2005 T~ber 31, 2005 • • Account Name : Tequesta Public Safety Account No :80103784 Other Disbursements No Data Qualifies EBR2DAE-Dlsbibutlon b Expenses ~ pie 18 1 October 01, 2005 To O 31, 2005 •~ Account Name :~uesta Public Safety Account No :80103784 Administrative Expenses No Data Qualifies EBR2DAE-0isbibution d Expenses Pie 19 Account Name : Tequesta Public Safety Other Expenses October 01, 2005 To ~er 31, 2005 No Data Qualifies • Account No :80103784 Pie 20 EBR2DAE-DlsU'i6utlon 8 ExpMaes • _ October 01, 2005 To O+~ 31, 2005 Account No :80103784 Account Name : Tequesta Public Safety Transactions Date Description Income Principal * * * Starting Balances * * * 5 0.00 3 0.00 141.60 10/03/2005 Dividend Payable On 10/0312005 EI Paso Corp 3540 Shares At 0.04 10/03/2005 Interest Goldman Sachs Treasury Obligations Fd Payable On 09/3012005 10/04/2005 Interest FHLB 4.700% 10!04/11 Payable On 10/04/2005 Received On 50000 Units 10/04/2005 Dividend Payable On 10/03!2005 Precision Castparts Corp 960 Shares At 0.03 10/12/2005 Cash Receipt Employer Contribution State of Florida 1 0/1 212 0 0 5 Cash Receipt Employee Contributions PPE 09/30/05 10/12/2005 Cash Receipt Employer Contribution PPE 09/30/05 10112/2005 Cash Receipt Employee Contributions PPE 10/01105 221.16 1,175.00 28.80 16,513.97 80.39 131.00 166.79 Page 21 LARGE FONT - Transactions (2 coq - NEWTRNH • Account Name : Tequesta Public Safety Transactions October 01, 2005 To ~er 31, 2005 Income Date 1~escr~puv~~ 10/12/2005 Cash Receipt Principal X71.79 Employer Contnbution 195.08 PPE 10/01/05 10/12/2005 Cash Receipt Employee Contributions 310.26 PPE 10/01/05 10!1212005 Cash Receipt Employer Contribution 5,162.92 PPE 10/01/05 10/1212005 Cash Receipt Employer Contribution 3,263.33 PPE 09/30/05 10/12/2005 Cash Receipt Employee Contributions 24,935.95 PPE 09/30/05 10/13/2005 Sold On 10/10/2005 1250 Units VeriSign Inc 1250 Units At $ 19.96 384.01 32 Through Lynch Jones & Ryan , 10/13/2005 Sold On 10/102005 980 Units Graco Inc 980 Units At $ 33.06 422.88 34 Through Lynch Jones $ Ryan , 10/1312005 Sold On 10!102005 730 Units Carnival Corp 730 Units At $ 47.17 901.41 -36 Through Lynch Jones & Ryan , 10/13/2405 Purchased On 101102005 815 Units AFLAC Inc 815 Units At $ 45.25 Per Unit Through Lynch Jones & Ryan P„qe 22 LARGE FONT - Trarrs•ctions (2 coQ • NEyy'rRNH ccountNo 03784 A '~ October 01, 2005 To O~ 31, 2005 • Account Name : T~ uesta Public Safe q tY • 0 84 Account No . 8 Transactions Date Description Income Principal 10/13/2005 Purchased On 10/10/2005 1305 Units -36,603.42 Hcc Insurance Holdings Inc Com 1305 Units At $ 28.02 Per Unit Through Lynch Jones & Ryan 10/13/2005 Purchased On 10/10/2005 2105 Units -36,484.91 TECO Energy Inc 2105 Units At $ 17.31 Per Unit Through Lynch Jones & Ryan 10/17/2005 Dividend 315.00 Payable On 10/1512005 PG&ECorp 1050 Shares At 0.30 10/17/2005 Dividend 89.50 Payable On 10/1712005 Chesapeake Energy Corp 1790 Shares At 0.05 10/18/2005 Mortgage Backed -GNMA Principal 93.58 On 10/15/2005 GNMA Pass Thru Pool #599190 6.000% 03/15/35 10/18/2005 Mortgage Backed -GNMA Interest 497.25 GNMA Pass Thru Pool #599190 6.000% 03/15/35 Payable On 10/15/2005 Received On 99449.05 Units Principal Balance Reduction of 93.580000 10/18/2005 Mortgage Backed -GNMA Principal 5,167.96 On 10/15/2005 GNMA Pass Thru Pool #640896 7.000% 04/15/35 10/18/2005 Mortgage Backed -GNMA Interest 695.12 GNMA Pass Thru Pool #640896 7.000% 04/15/35 Payable On 10/15/2005 Received On 119163.12 Units LARGE FONT - Tranaacdona (2 coq • NEWTRNH Pape 23 • October 01, 2005 T~ober 31, 2005 • Account Name : Tequesta Public Safety Account No :80103784 Transactions Date Description Income Principal Principal Balance Reduction of 5167.960000 10/18/2005 Mortgage Backed -GNMA Principal 108.88 On 10/15/2005 GNMA Pass Thru Pool #640208 6.500% 03/15/35 10/18/2005 Mortgage Backed -GNMA Interest 649.80 GNMA Pass Thru Pool #640208 6.500% 03/15/35 Payable On 10/15/2005 Received On 119962.55 Units Principal Balance Reduction of 108.880000 10118/2005 Mortgage Backed -GNMA Principal 112.18 On 10/15/2005 GNMA Pass Thru Pool #641273 4.500% 04/15/35 10/18/2005 Mortgage Backed -GNMA Interest 297.68 GNMA Pass Thru Pool #641273 4.500% 04/15/35 Payable On 10/15/2005 Received On 79382.13 Units Principal Balance Reduction of 112.180000 10/24/2005 Purchased On 10/21/2005 115000 Units -114,281.25 FNMA Preassign 4.250°~ 09/28/07 115000 Units At $ 99.375 Per Unit Through Cantor Fitrgerald 8~ Co. 10/24/2005 Purchase Accrued Interest -352.99 FNMA Preassign 4.250% 09/28/07 To 10!24/2005 10/24/2005 Sold On 10/21/2005 75000 Units 73,245.12 U S Treasury Note 3.000% 11/15/07 75000 Units At $ 97.660156 Through Deutsche Bank Securities 10/24/2005 Accrued Interest Received 990.49 U S Treasury Note 3.000% 11/15/07 Par Value Of 75,000.00 LARGE FONT - Transactions (2 col) - NEWTRNH • Pspe 24 October 01, 2005 To 0 31, 2005 Account No : 884 Account Name : Tequesta Public Safety TranSaCtIOt1S Income Principal Date Description 39,462.50 10/24/2005 Sold On 10/21/2005 40000 Units U S Treasury Note 3.125% 01!31107 40000 Units At $ 98.65625 Through First Tennessee 288.72 10!24!2005 Accrued Interest Received U S Treasury Note 3.125% 01/31107 Par Value Of 40,000.00 1,775.38 10/26/2005 Mortgage Backed -Other Pass Through Principal On 10!25/2005 FNMA Pass Thru Pool #735503 6.000% 04/01/35 272 95 10/26/2005 Mortgage Backed -Other Pass Through Interest FNMA Pass Thru Pool #735503 6.000% 04/01/35 Payable On 10/25!2005 Received On 54589.1 Units Principal Balance Reduction of 1775.380000 3,497.90 10/31/2005 Cash Receipt Employee Contributions Payroll period ending 10/15/05 5,557.14 10/31/2005 Cash Receipt Employer Contribution Payroll period ending 10/15/05 Short Term Investment Summary 10/01/2005 To 10/31/2005 0.00 -19,490.47 6 Purchase(s) For 647.41 0.00 1 Sale(s) For S 0.00 S 9,055.04 * * * Ending Balances * * * Pape 25 LARGE FONT • Transactions (T coq - NEyVTRNH • Account Name : Tequesta Public Safety List Of Assets October 01, 2005 To ~er 31, 2005 Prior Period Ending Market Value (Aggregate Market Value) Current Current Market Unit Market Value Price 9,055.04 Cash Short Term Investments Goldman Sachs Treasury Obligations Fd 147414.12 Par Value Fixed Income U S Government & Agencies FHLB 50000 Par Value FHLB Series UD09 25000 Par Value FHLB Series X209 50000 Par Value FHLMC 100000 Par Value FHLMC 50000 Par Value FNMA 115000 Par Value FNMA 105000 Par Value GNMA Pass Thru Pool #599190 99355.47 Par Value GNMA Pass Thru Pool #640208 119853.67 Par Value GNMA Pass Thru Pool #640896 113995.16 Par Value GNMA Pass Thru Pool #641273 79269.95 Par Value 147,414.12 EBRILOA-List of Asf4ts y,uaa.vw 1.00 147,414.12 o : 8103784 Account N Unrealized Gain/(Loss) 0.00 0.00 4.700% 10/04/2011 49,406.25 0.976563 48,828.13 -578.12 5.250% 02113/2009 25,570.31 1.015 25,375.00 -195.31 4.100% 03/3012009 49,390.63 0.980625 49,031.25 -359.38 3.500% 09115/2007 98,468.75 0.980625 98,062.50 -406.25 5.750% 03/15/2009 52,000.00 1.030938 51,546.88 -453.12 4.250% 09/28/2007 114,281.25 0.990625 113,921.88 -359.37 5.500% 03/15/2011 109,659.38 1.030625 108,215.63 -1,443.75 6.000% 03115/2035 101,784.75 1.018223 101,165.99 -618.76 6.500% 0311512035 124,708.51 1.03791 124,397.34 -311.17 7.000% 0411512035 119,859.52 1.051035 119,812.92 -46.60 4.500% 04/15/2035 76,309.29 0.946035 74,992.16 -1,317.13 P.qe 28 Account Name ~uesta Public Safety Gain (Loss) On Sale Of Assets October 01, 2005 To O~r 31, 2005 Prior Period • Account No :80103784 Ending Market Value Proceeds Gain/(Loss) (Aggregate Cost Basis) VeriSign Inc 26,712.50 24,935.95 -1,776.55 Sokl 1250 Shares At 19.96 Per Share, Less Expenses Trade Date :10/10/2005 Settlement Date : 10/13!2005 Broker. Lynch Jones 8 Ryan Total Galn (Loss) On Sales 217,700.71 212,35b.85 ~ -5,344.86 EBR2GLS•Galn(Loss) on Sale of Asset Page 27 • Account Name : Tequeata Pubtic Safety Gain (Loss) On Sale Of Assets October 01, 2005 To ~er 31, 2005 Prior Period Ending Market Value (Aggregate Cost Basis) t No : 8103784 Accoun Proceeds Gain/(Loss) -2.062.52 Carnival Corp Sold 730 Shares At 47.17 Per Share, Less Expenses Trade Date :10/1012005 Settlement Date :10113/2005 Broker: Lynch Jones 8 Ryan FNMA Pass Thru Pool #735503 6.000% 04/01!35 GNMA Pass Thru Pool #599190 6.000% 03115135 GNMA Pass Thru Pool #640208 6.500% 03/15135 GNMA Pass Thru Pool #640896 7.000% 04115135 GNMA Pass Thru Pool #641273 4.500%04115135 Goldman Sachs Treasury Obligations Fd The Amount Shown Is The Net Of Withdrawls For The Entire Period Graco Inc Solo 980 Shares At 33.06 Per Share, Less Expenses Trade Date :1011012005 Settlement Date :1011312005 Broker: Lynch Jones 8 Ryan U S Treasury Note 3.000% 11115107 Sold 75000 Par Value At 97.68 Per ,Less Expenses Trade Date :10/21/2005 Settlement Date :1012412005 Broker: Deutsche Bank Securities U S Treasury Note 3.125% 01131107 Sold 40000 Par Value At 98.66 Per ,Less Expenses Trade Date : 10121!2005 Settlement Date :10124/2005 Broker: First Tennessee 36,485.40 775.38 1 -29.96 1,805.34 , 58 93 "2'29 95.87 . 108.88 -4.41 113.29 167.96 5 -265.86 5,433.82 , 112.18 4.19 107.99 647.41 0.00 647.41 384.01 32 -1,210.39 33,594.40 , 73,245.12 2.93 73,242.19 39,462.50 0.00 39,462.50 Pepe 26 EBR2GLS-Galn(Loaa- on Sale of Aaset • i •• October 01, 2005 To 31, 2005 Account No : 8784 blic Safe Account Name : Tequesta Pu tY List Of Assets Current Unrealized Prior Period Current Ending Market Value Market Unit Market Value Gain/(Loss) (Aggregate Markct Value) Price 804.69 43 0.95625 43,031.25 -773.44 U S Treasury Note 4.000% 02/15/2015 , 45000 Par Value 3.000% 11/1512007 24,414.06 0.973438 24,335.94 -78.12 U S Treasury Note 25000 Par Value 000% 08/15/2009 6 74,440.63 1.05375 73,762.50. -678.13 U S Treasury Note . 70000 Par Value 1,064,098.02 1,058,479.37 -7,618.65 Total U S Government 8 Agencies Corporate Obligations 705.03 53 1.009082 53,293.38 -411.65 FNMA Pass Thru Pool #735503 6.000% 04/01/2035 , 52813.72 Par Value 53,705.03 53,293.38 x411.65 030.30 -8 Total Corporate Obligations 1,117,803.05 1,109,772.75 , Total Fixed Income Equity Equity 3o,7ao.oo 43.05 31,211.25 471.25 Abbott Laboratories 725 Shares 36,901.41 47.78 38,940.70 2,039.29 AFLAC Inc 815 Shares 46,636.40 63.83 39,574.60 -7,061.80 Apache Corp 620 Shares 37,616.60 38.40 37,248.00 -368.60 Apartment Invt & Mgmt Co -A 970 Shares 39,870.00 38.23 38,230.00 -1,640.00 Baxter International Inc 1000 Shares 42,129.00 64.64 40,076.80 -2,052.20 Boeing Co 620 Shares 36,834.00 81,94 36,358.00 -476.00 Bunge Limited 700 Shares Pape 29 EBR2LOA-List of Assets October 01, 2005 To•ber 31, 2005 • • Account No :80103784 Account Name : Tequesta Public Safety List Of Assets Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Gam/(Loss) (Aggregate Market Value) Price 47,000.00 52.59 42,072.00 -4,928.00 Caterpillar Inc 800 Shares 45,948.30 13,2q 40,911.60 -5,036.70 CenterPolnt Energy Inc 3090 Shares 68,467.50 32.10 57,459.00 -11,008.50 Chesapeake Energy Corp 1790 Shares 34,272.00 60.68 33,980.80 -291.20 Deere 8 Co 560 Shares 35,295.70 26.48 32,040.80 -3,254.90 Duke Energy Corp 1210 Shares 49,206.00 11.86 41,984.40 -7,221.60 EI Paso Corp 3540 Shares 37,160.00 70,74 35,360.00 -1,800.00 Entergy Corp 500 Shares 48,017.20 15.64 46,171.20 154.00 Goodyear Tire 8 Rubber Co 3080 Shares 57,556.80 59.10 49,644.00 -7,912.80 Halliburton Co 840 Shares 36,603.42 30.00 39,150.00 2,546.58 Hcc Insurance Holdings Inc Com 1305 Shares 40,371.60 37.33 38,076.60 -2,295.00 Indymac Bancorp Inc Com 1020 Shares 44,033.00 38.52 42,372.00 -1,661.00 Landstar System Inc 1100 Shares 35,856.00 55.58 33,348.00 -2,508.00 Lennar Corp 600 Shares 37,234.40 60.56 36,941.60 -292.80 Lockheed Martin Corp 810 Shares 47,129.10 92;98 47,419.80 290.70 Loews Corp 510 Shares P~qe 30 EBR2LOA-Uat of Assets • , 1 Account Name :~uesta Public Safety List Of Assets October 01, 2005 To O 31, 2005 Account No : 80i1f3784 Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Gain/(Loss) (Aggregate Market Value) Price Mdc Holdings Inc Com 39,445.00 68.60 34,300.00 -5,145.00 500 Shares Murphy Oil Corp 36,903.80 46.85 34,669.00 -2,234.80 740 Shares P G & E Corp 41,212.50 36.38 38,199.00 -3,013.50 1050 Shares Performance Food Group Co 42,250.20 27.59 36,970.60 -5,279.60 1340 Shares Precision Castparts Corp 50,976.00 47.36 45,465.60 -5,510.40 960 Shares Protective L'rfe Protective Life 39,532.80 43.84 42,086.40 2,553.60 960 Shares Rockwell Collins Inc 37,689.60 45.82 35,739.60 -1,950.00 780 Shares Schering-Plough Corp 37,048.00 20.34 35,798.40 -1,249.60 1760 Shares Seagate Technology 34,315.25 14.49 31,370.65 -2,944.40 2165 Shares Simon Property Group Inc Com 43,730.80 71.62 42,255.80 -1,475.00 590 Shares Sprint Nextel Corp 37,572.40 23.31 36,829.80 -742.60 1580 Shares Swift Energy Co 58,560.00 43.66 55,884.80 -2,675.20 1280 Shares TECO Energy Inc 36,484.91 17.30 36,416.50 -68.41 2105 Shares Tenet Healthcare Corp 31,556.30 8.42 23,660.20 -7,896.10 2810 Shares Timberland Co -CIA 33,104.40 28.15 27,587.00 -5,517.40 980 Shares EBR2LOA-List of Assets Pape 31 October 01, 2005 T~ober 31, 2005 • • 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) Price Volvo Ab-Sponsored Adr 37,145.00 41.07 34,909.50 -2,235.50 850 Shares Walgreen Co 38,236.00 45.43 39,978.40 1,742.40 880 Shares Total Equity 1,610,641.39 1,512,692.80 -97,948.79 Total Equity 1,610,841.39 1,512,692.80 -97,948.79 TOTAL INVESTMENTS MARKET VALUE 2,8aa,913.so 2,778,934.51 -105,979.09 TOTAL ACCRUED INCOME 7,948.04 7,948.04 NET ASSETS 2,892,881.64 2,786,882.55 -105,979.09 EBR2LOA-LJst of A~wts ~ ws 32 i\ October 01, 2005 To O r 31, 2005 ~~ Account No : 80T03784 Account Name :~uesta Public Safety Brokerage Commissions Broker Name Non-Directed Directed No. of Trades Commission Amt No. of Trades Commission Amt Lynch Jonea & Ryan Total 6 143.70 0 0.00 6 143.70 0 0.00 E8R26RC-broker Commissions Page 33 SALEM TRU~OMPANY Statement of Account November 1, 2005 Through November 30, 2005 Salem Trust Company As Custodian For Tequesta Public Safety Pension Fund Village Of Tequesta Attn: Jody Forsythe Account Number :80103784 ACCOUNT EXECUTIVE Bradley K. Rinsem 954-426-5772 ACCOUNT MANAGER Karen Russo/Julie Clark 954-426-5770 Confidential And Privileged Information Village Of Tequesta Attn: Gwen Carlisle 250 Tequesta Dr., Ste. 300 Tequesta, FL 33469-0273 ~~~ ~~ ~aQ 1 ~~~ E`,q~s ~~~ F • • November 01, 2005 To ~mber 30, 2005 Account Name : Tequesta Public Safety Net Asset Summary Account No :80103784 S 2,786,882.55 Net Assets Beginning 11/01/2005 1.0 Summary Of Receipts 1.1 Cash Contributions 20.412.43 1.2 - 1.4 Earnings from Investments 4, 946.81 1.5 Miscellaneous Deposits 173.20 25,532.44 Total Receipts 2.0 Summary Of Disbursements 2.1 Distribution Of Benefits 0.00 0.00 2.2 Other Distributions 2.3 Administration Expenses -750.00 -2.661.50 2.4 Other Expenses -3,411.50 Total Disbursements 3.0 Changes In Net Assets 3.1 Unrealized Gain (Loss) 56,481.15 3.2 - 3.3 Changes In Investments 0.00 3.4 Gain (Loss) On Sale of Assets Aggregate Proceeds 210,899.04 Less: Aggregate Carry Value (Market Value) 212,088.57 Total Gain/Loss -1,189.53 3.5 Accrued Income -Interest 9,138.78 3.8 Accrued Income -Dividend 3, 562.60 Total Accrued Income 12,701.38 Less: Prior Accrued Income 7.948.04 Total Changes In Net Asaets 60,044.98 Net Assets Ending 11/30/2005 S 2,869,048.45 EBR2NAS-Net Asset Summary Page 2 • November 01, 2005 To Nov~r 30, 2005 Name : Tequesta Public Safety ount No :80103784 Acc Changes In Investments Investments Acquired Market Basis Goldman Sachs Treasury Obligations Fd The Amount Shown Is The Net Of Deposits For The Entire Period McKesson HBOC lnc Purchased 860 Shares At 45.8972 Per Share Trade Date :11/07/2005 Settlement Date :11110/2005 Broker: Lynch Jones & Ryan Safeway Inc Purchased 1720 Shares At 22.2717 Per Share Trade Date :11/07/2005 Settlement Date :11/10/2005 Broker: Lynch Jones 8 Ryan T Rowe Price Group Inc Purchased 575 Shares At 67.4913 Per Share Trade Date :11/07/2005 Settlement Date :11/10/2005 Broker: Lynch Jones & Ryan U S Treasury Note 4.250% 11/15/14 Purchased 25000 Par Value At 97.0664 Trade Date : 11!04/2005 Settlement Date :11/09/2005 Broker: Citigroup Global MKTS Inc/Salomon Tota! Investments Acquired 101,1btt.yl 39,488.79 38, 341.72 38, 819.00 24,266.60 242,075.02 Page 3 EBR2CIA-Changes in Investments November 01, 2005 To [~ber 30, 2005 • • Account Name : Tequesta Public Safety Changes In Investments No Stock Dividends /Splits And Other Changes Qualify Market Basis Account No :80103784 Page 4 EBR2C/A-Changes in Investments • November 01, 2005 To Novr 30, 2005 ~~~~~r,t Name : Teauesta Public Safety 103784 Account No : 80 Earnings From Investments Interest U S Treasury Note 3.000% 11/15/07 11/08/2005 Accrued Interest On Sale Symbol: 912828AN0 U S Treasury Note 4.250% 11/15/14 11/09/2005 Accrued Interest On Purchase Symbol: 912828DC1 11/16/2005 Rate 2.125 Payable 11/1512005 On 25000.00 Par Symbol: 912828DC1 11/21/2005 Accrued Interest On Sale Symbol: 912828DC1 GNMA Pass Thru Pool #599190 6.000% 03/15/35 11/18/2005 Rate 0.5 Payable 11/15/2005 On 99355.47 Par Symbo1:36200EUP4 GNMA Pass Thru Pool #640208 6.500% 03/15/35 11/16/2005 Rate 0.54166667 Payable 11/15/2005 On 119853.67 Par Symbol: 36291 WGR6 GNMA Pass Thru Pool #640896 7.000% 04/15/35 11/16/2005 Rate 0.58333333 Payable 11/15/2005 On 113995.16 Par Symbol: 36291 W7H8 GNMA Pass Thru Pool #641273 4.500% 04/15/35 11/16/2005 Rate 0.375 Payable 11/1512005 On 79269.95 Par Symbol: 36291 XMW6 360.73 360.73 -513.93 531.25 17.61 34.93 496.78 496.78 649.21 649.21 664.97 664.97 297.26 297.26 Paae 5 EBR2EF1-Earnings from Investments Tiember 30 2005 • November 01, 2005 To No , Account No :80103784 Account Name : Tequesta Public Safety _ Earnings From Investments Interest Goldman Sachs Treasury Obligations Fd 385.63 11 /01 /2005 Symbol: 38141 XXXX 385.63 FNMA Pass Thru Pool #735503 6.000% 04/01/35 11 /28/2005 Rate 0.5 Payable 11 /25/2005 On 52813.72 Par 264.07 Symbol: 31402RDG 1 264.07 3,153.58 Totallnterest Page B EBRIEFI-Earnings from /nvestrnents unt Name : Tequesta Public Safety rnings From Investments November 01, 2005 To Novr 30, 2005 Account No : 8010TT84 Abbott Laboratories 199.38 11/15/2005 725 Shares At 0.275 Per Share Symbol: 002824100 199.38 Apache Corp 62.00 11/22/2005 620 Shares At 0.1 Per Share Symbol: 037411105 62.00 Caterpillar Inc 200.00 11/21/2005 800 Shares At 0.25 Per Share Symbol: 149123101 200.00 Deere & Co 173.60 11/01/2005 560 Shares At 0.31 Per Share Symbol: 244199105 173.60 Landstar System Inc 27.50 11/30/2005 1100 Shares At 0.025 Per Share Symbol: 515098101 27.50 Lennar Corp 96.00 11/17/2005 600 Shares At 0.16 Per Share Symbol: 526057104 96.00 Mdc Holdings Inc Com 125.00 11/22/2005 500 Shares At 0.25 Per Share Symbol: 552676108 125.00 Page 7 EBR2EF1•Eamings from Investments • tuber 01, 2005 To N~ber 30, 2005 • Nove Account No .80103784 Account Name : Tequesta Public Safety Ea nnr ii gs From Investments Dividends Schering-Plough Corp 11/29/2005 1760 Shares At 0.055 Per Share Symbol: 806605101 96.80 96.80 Simon Property Group Inc Com 11/30/2005 590 Shares At 0.7 Per Share Symbol: 828806109 TECO Energy Inc 11/1612005 2105 Shares At 0.19 Per Share Symbol: 872375100 Total Dividend 413.00 399.95 413.00 399.95 1,793.23 Page 8 EBR2EFI-Earnings from Invesbnents • November 01, 2005 To Nove• 30, 2005 . Te,.~ ~o~ta Public Safety Account No : 801 arnings From Investments h'unas No Data Qualifies Total Earnings Paid 4,946.81 Page 9 EBR2EF1-Earnings from Investments • Account Name : Tequesta Public Safety Earnings From Investments Accrued Income -Interest FNMA 4.250% 09/28/07 115000 Par Value At 0.0425 Par FHLMC 5.750% 03/15/09 50000 Par Value At 0.0575 Par FHLB 4.700% 10/04/11 50000 Par Value At 0.047 Par FHLB Series UD09 5.250% 02/13/09 25000 Par Value At 0.0525 Par FHlB Series X209 4.100% 03/30/09 50000 Par Value At 0.041 Par GNMA Pass Thru Pool #599190 6.000% 03/15/35 ' 99261.38 Par Value At 0.06 Par GNMA Pass Thru Pool #640208 6.500% 03/15/35 119747.63 Par Value At 0.065 Par GNMA Pass Thru Pool #640896 7.000% 04/15/35 107959.12 Par Value At 0.07 Par GNMA Pass Thru Pool #641273 4.500% 04/15/35 79166.63 Par Value At 0.045 Par FNMA 5.500% 03/15/11 105000 Par Value At 0.055 Par U S Treasury Note 4.000°!° 02/15/15 45000 Par Value At 0.04 Par November 01, 2005 To N~iber 30, 2005 • Account No :80103784 855.31 606.94 372.08 386.46 347.36 496.31 648.63 629.76 296.87 1,219.17 523.37 Page 10 EBR2AE1-Accrued Earnings • November 01, 2005 To Nov 30, 2005 Name : Tequesta Public Safety Account No :8014 Earnings From Investments '' Accrued Income -Interest FNMA Pass Thru Pool #735503 6.000% 04/01/35 255.43 51085.24 Par Value At 0.06 Par FHLMC 3.500% 09/15/07 738.89 100000 Par Value At 0.035 Par U S Treasury Note 6.000% 08/15!09 1,221.20 70000 Par Value At 0.06 Par Goldman Sachs Treasury Obligations Fd ~ 541.00 221145.07 Par Value At 0.0355 Par Accrued Income -Interest 9,138.78 Page 11 EBR2AE1-Accrued Earnings ber30 2005 • • November 01, 2005 To N~ Account No :80103784 Account Name : Tequesta Public Safety Earnings From Investments Accrued Income -Dividends Boeing Co 155.00 620 Shares At 0.25 Per Share Rockwell Collins Inc 93.60 780 Shares At 0.12 Per Share Murphy Oil Corp 83.25 740 Shares At 0.1125 Per Share McKesson HBOC Inc 51.60 860 Shares At 0.06 Per Share Lockheed Martin Corp 183.00 610 Shares At 0.3 Per Share Sprint Corp 197.50 1580 Shares At 0.125 Per Share Sold 08/18/2005 Halliburton Co 105.00 840 Shares At 0.125 Per Share Entergy Corp 270.00 500 Shares At 0.54 Per Share Protective Life Protective Life 187.20 960 Shares At 0.195 Per Share Apartment Invt 8 Mgmt Co -A 582.00 970 Shares At 0.6 Per Share Gracolnc 127.40 980 Shares At 0.13 Per Share Sold 10/13/2005 Page 12 E9R2AE1-Accrued Earnings • November 01, 2005 To Nov 30, 2005 Account No :8010 84 ccount Name : Tequesta Public Safety arnings From Investments Accrued Income -Dividends _ uke Energy Corp 1210 Shares At 0.31 Per Share indymac Bancorp Inc Com 1020 Shares At 0.42 Per Share AFLAC Inc 815 Shares At 0.11 Per Share CenterPoint Energy Inc 3090 Shares At 0.06 Per Share ~ Loews Corp 510 Shares At 0.15 Per Share Seagate Technology 2165 Shares At 0.08 Per Share Walgreen Co ~ EI Paso Corp 880 Shares At 0.065 Per Share 3540 Shares At 0.04 Per Share Accrued Income -Dividends To[alAccrued Income 375.10 428.40 89.65 185.40 76.50 173.20 57.20 141.60 3,562.80 12,701.38 Page 13 EBR2AE1-Accrued Eamings T • 2005 r 30 ~b • e To November 01, 2005 , Account No :80103784 uesta Public Safety T eq Account Name : Balance Sheet As Of 11/01/2005 As Of 1 1/30/2005 Cost Value Market Value Cost Value Market Value Cash And Receivables 04 055 9 0.00 0.00 Cash 9,055.04 0.00 . , 0.00 0.00 0.00 Due From Broker 948.04 7 7,948.04 12,701.38 12,701.38 Accrued Income , 17,003.08 17,003.08 12,701.38 12,701.38 Total Cash And Receivables Cash 147,414.12 147,414.12 221,145.07 221,145.07 Short Term Investments 147,414.12 147,414.12 221,145.07 221,145.07 Total Cash Fixed Income 077,801.81 1 1,056,479.37 1,046,420.97 1,025,552.59 U S Government 8 Agencies , 1,077,801.81 1,056,479.37 1,046,420.97 1,025,552.59 Total Fixed Income Equity 435,365.53 1 1,512,692.60 1,408,135.04 1,558,256.0 Equity , 1,435,365.53 1,512,692.60 1,408,135.04 1,558,256.00 Total Equity Fixed Income 53,997.90 53,293.38 52,230.66 51,393.41 Corporate Obligations 53,997.90 53,293.38 52,230.66 51,393.41 Total Fixed Income 2,714,579.36 2,769,879.47 2,727,931.74 2,856,347.07 Total Holdings 2,731,582.44 2,786,882.55 2,740,633.12 2,869,048.45 TOTAL ASSETS Payables 0.00 0.00 0.00 0.00 Due To Broker 0.00 0.00 0.00 0.00 Total Payables 0.00 0.00 0.00 0.00 TOTAL LIABILITIES 2,731,582.44 2,786,882.55 2,740,633.12 2,869,048.45 Total Net Asset Value 2,731,582.44 2,786,882.55 2,740,633.12 2,869,048.45 Total Liabilities And Equity Page 14 EBR26LS-Balance Sheet • Name : Tequesta Public Safety November 01, 2005 To Nove~ 30, 2005 Account No :8014 nvestment Summary Beginning Ending Of Period Of Period Investment Change Cash Cash Short Term Investments Total Cash Fixed Income U S Government & Agencies Corporate Obligations Total Fixed Income Equity Equity Total Equity Changes In Invesment -Other Total Changes In Invesment -Other Realized Gain/Loss On Sales Proceeds Less: Aggregate Carry Value (Market Value) Net Period Accruals Accrued Income Accrued Income Less: Prior Accrued Income Total Accrued Income Investment Summary Tota! Tota! Changes In Net Assets 9,055.04 0.00 147,414.12 221,145.07 156,469.16 221,145.07 0.00 056,479.37 1 1,025,552.59 56.85 , 53,293.38 51,393.41 -155.79 1,109,772.75 1,076,946.00 -98.94 512,692.60 1 1,558,256.00 56,580.09 , 1,512,692.60 1,558,256.00 56,580.09 0.00 210,899.04 212,088.57 0.00 0.00 -1,189.53 7, 948.04 12,701.38 12,701.38 7,948.04 7,948.04 12,701.38 4,753.34 $ 2,786,882.55 5 2,869,048.45 S 60,044.96 Page 15 EBR2S01-Investment Summary • November 01, 2005 To l~ber 30, 2005 • Account No :80103784 Account Name : Tequesta Public Safety Summary of Receipts 1.1 Contributions Employer Contributions 12,536.98 Employee Contributions 7,875.45 Other Contributions 0.00 Total 20,412.43 Earnings From Investments 1.2 Interest 3,153.58 1.3 Dividends 1,793.23 1.4 Pooled Funds 0.00 Total 4,946.81 1.5 Other Receipts 173.20 5 25,532.44 Total Receipts Summary of Disbursements 2.1 Distribution Of Benefits 0.00 Total 2.2 Other Distributions 0.00 Total 2.3 Administration Expenses Fees And Commissions -750.00 -750.00 Total 2.4 Other Expenses Miscellaneous Expense -2,661.50 Total -2,661.50 Page 16 EBR2SOR-Summary of Receipts • November 01, 2005 To Nov 30, 2005 Name : Tequesta Public Safety No :80103784 Account ummary of Disbursements Total Disbursements -J,9 1 1 .aV Pege 17 EBR2SOR-Summary of Receipts • ber 01 2005 To ~mber 30, 2005 • Novem , Account Name : Tequesta Public Safety Contributions Employer Contribution 11/09/2005 Employer Contribution PPE 10/29/05 11/21/2005 Employer Contribution PPE 11/18/05 Total Employer Contribution Employee Contributions 11/09/2005 Employee Contributions PPE 10/29/05 11 /21 /2005 Employee Contributions PPE 11/18/05 Total Employee Contributions Total Cash Contributions Account No :80103784 6,590.55 5,946.43 12,536.98 4,136.51 3,738.94 7,875.45 20,412.43 Page 18 EBR2COR-Contributions 6 Oti-er Receipts • Name : Tequesta Public Safety er Receipts Seagate Technology 11/22/2005 Return of capital due 11/18/05 Total Seagate Technology Total November 01, 2005 To Nov,r 30, 2005 173.20 173.20 173.20 • Account No :80103784 EBR2COR-Contributions 8 Ofher Receipts Page 19 • Account Name : Tequesta Public Safety Distribution Of Benefits November 01, 2005 To N~mber 30, 2005 No Data Qualifies • Account No :80103784 Page 20 EBR2DAE-DIs636uUon 6 Expenses November 01, 2005 To Nov 30, 2005 • Account No :801 4 Name : Tequesta Public Safety r Disbursements No Data Qualifies Page 21 EBR2DAE-Distribution 6 Expenses r 01 2005 To ~ber 30, 2005 • • Novembe , Account No :80103784 Account Name : Tequesta Public Safety Administrative Expenses Fees And Commissions 11/03/2005 To : Market Salem Trust Company Based On The Market Value Of :2,849,797.81 Tota Fees And Commissions Totai Administrative Expenses -750.00 -750.00 -750.00 Page 22 EBR2DAE-Distribution 8 Expenses • November 01, 2005 To Nov 30, 2005 Name : Tequesta Public Safety er Expenses Miscellaneous Expense 11/18/2005 To : Bogdahn Consulting Quarterly fee 711/05-9130105 11 /18/2005 To : Hanson Perry & Jensen P A Legal services through 10-15-05 11/18/2005 To : Business Services Connection, Inc. Minutes for 08/11/05 meeting Total Miscellaneous Expense Total Other Expenses Account No :8014 -z,ooo.oo -360.60 -300.90 -2,661.50 -2,661.50 Page 23 EBR2DAE-Distribution 8 Expenses To No~fnber 30, 2005 • • November 01, 2005 Account No :80103784 Account Name : Tequesta Public Safety Transactions T,. ..•inn 1J'silC. y.,,,~...r----- * * * Starting Balances * * 11/01/2005 Dividend Payable On 11/01/2005 Deere & Co 560 Shares At 0.31 11101 /2005 Interest Goldman Sachs Treasury Obligations Fd Payable On 10/31/2005 11!0312005 Market Value Fee Based On A Market Value: 2,849,797.81 Fee Date: 10/31/2005 Frequency: Quarterly Schedule :102 STC 413)2 BP TOTAL DUE - Adjusted (Quarterly ) 100.00 % From Principal, 0.00 % From Income 11/08/2005 Sold On 11/04/2005 25000 Units U S Treasury Note 3.000% 11/15/07 25000 Units At $ 97.199218 Through Deutsche Bank Securities 11/08/2005 Accrued Interest Received 000% 11/15/07 3 . U S Treasury Note Par Value Of 25,000.00 11/09/2005 Purchased On 11/04/2005 25000 Units U S Treasury Note 4.250% 11115/14 25000 Units At $ 97.0664 Per Unit Through Citigroup Global MKTS Inc/Salomon 11/09/2005 Purchase Accrued Interest 4.250°!0 11/15/14 U S Treasury Note To 11/09/2005 1,139.92 750.00 Income Principal $ ~.OU $ 9,055.04 385.63 -750.00 173.60 24,299.81 360.73 -24,266.60 -513.93 Page 24 LARGE FONT -Transactions (2 col) • NEWTRNH • November 01, 2005 To Novr 30, 2005 Name : Tequesta Public Safety Account No :8014 ransactions T.. .•:r.4:nn Income 111/09/2005 111 /09/2005 ~ 11/10/2005 ~ 11/10/2005 ~ 11!10/2005 ~ 11/10/2005 I 11 /10/2005 11 /10/2005 ~...,_. -r --_ Cash Receipt Employee Contributions PPE 10/29/05 Cash Receipt Employer Contribution PPE 10/29/05 Purchased On 11/07/2005 575 Units T Rowe Price Group Inc 575 Units At $ 67.4913 Per Unit Through Lynch Jones & Ryan Purchased On 11/07/2005 1720 Units Safeway Inc 1720 Units At $ 22.2717 Per Unit Through Lynch Jones & Ryan Purchased On 11/07/2005 860 Units McKesson HBOC Inc 860 Units At $ 45.8972 Per Unit Through Lynch Jones & Ryan Sold On 11/07/2005 700 Units Bunge Limited 700 Units At $ 51.8872 Through Lynch Jones & Ryan Sold On 11/07/2005 2810 Units Tenet Healthcare Corp 2810 Units At $ 7.6911 Through Autranet Sold On 11/07/2005 600 Units Lennar Corp 600 Units At $ 57.31 Through Lynch Jones & Ryan Principal 4,136.51 6,590.55 -38,819.00 -38,341.72 -39,488.79 36,305.52 21,554.88 34, 372.56 Paae 25 LARGE FONT -Transactions (2 col) • NEWTRNH November 01, 2005 To ~mber 30, 2005 • • Account Name : Tequesta Public Safety Account No :80103784 Transactions Income Principal Date Description 34,385.96 11/10/2005 Sold On 11/07/2005 500 Units Mdc Holdings Inc Com 500 Units At $ 68.7948 Through Lynch Jones & Ryan 11/15/2005 Dividend Payable On 11/15/2005 Abbott Laboratories 725 Shares At 0.275 11/16/2005 Dividend Payable On 11/15/2005 TECO Energy Inc 2105 Shares At 0.19 11 /16/2005 Interest U S Treasury Note 4.250% 11/15/14 Payable On 11/15/2005 Received On 25000 Units 11/16/2005 Mortgage Backed -GNMA Principal On 11/15/2005 GNMA Pass Thru Pool #640896 7.000% 04/15/35 11/1612005 .Mortgage Backed -GNMA Interest GNMA Pass Thru Pool #640896 7.000% 04/15/35 Payable On 11/15/2005 Received On 113995.16 Units Principal Balance Reduction of 6036.040000 11/16/2005 Mortgage Backed -GNMA Principal On 11 /15/2005 GNMA Pass Thru Pool #640208 6.500% 03/15/35 11/16!2005 Mortgage Backed -GNMA Interest GNMA Pass Thru Pool #640208 6.500% 03/15/35 Payable On 11/15/2005 Received On 119853.67 Units 199.38 399.95 531.25 6,036.04 664.97 106.04 649.21 Page 26 LARGE FONT -Transactions (2 col) - NEYVTRNH • November 01, 2005 To Nov 30, 2005 u~..,e • Toauesta Public Safety Account No :8014 ~fransactions Income Principal 11116/2005 11 /16/2005 11/17/2005 ~ 11/18/2005 11 /18/2005 11 /18/2005 11 /18/2005 iJescn~uv^^ -- Principal Balance Reduction of 106.040000 103.32 Mortgage Backed -GNMA Principal On 1 1 /1 512005 GNMA Pass Thru Pool #641273 4.500% 04/15/35 297.26 Mortgage Backed -GNMA Interest GNMA Pass Thru Pool #641273 4.500% 04/15/35 Payable On 1 1 /1 512005 Received On 79269.95 Units lance Reduction of 103.320000 l B 96.00 a Principa Dividend Payable On 11/17/2005 Lennar Corp 000.00 -2 600 Shares At 0.16 , Cash Disbursement Miscellaneous Expense Paid To : Bogdahn Consulting Quarterly fee 7/1/05-9/30/05 -360.60 Cash Disbursement Miscellaneous Expense Paid To :Hanson Perry & Jensen P A Legal services through 10-15-05 -300.90 Cash Disbursement Miscellaneous Expense Paid To :Business Services Connection, Inc. Minutes for 08/11/05 meeting 94.09 Mortgage Backed -GNMA Principal On 1 1 /1 512005 GNMA Pass Thru Pool #599190 6.000% 03/15/35 Page 27 LARGE FONT • Transactions (2 col) - NEVyTRNH • Account Name : Tequesta Public Safety tuber 01 2005 To November 30, 2005 Nove , • Account No :80103784 Transactions Income Principal Date Description 496.78 11/18/2005 Mortgage Backed -GNMA Interest GNMA Pass Thru Pool #599190 6.000% 03/15/35 Payable On 11/15/2005 Received On 99355.47 Units Principal Balance Reduction of 94.090000 11/21/2005 Dividend Payable On 11/19/2005 Caterpillar Inc 800 Shares At 0.25 11/21/2005 Sold On 11/16/2005 25000 Units U S Treasury Note 4.250% 11/15/14 25000 Units At $ 97.9375 Through Alex, Brown & Sons, Inc. 11/21/2005 Accrued Interest Received U S Treasury Note 4.250% 11/15/14 Par Value Of 25,000.00 11/21/2005 Cash Receipt Employee Contributions PPE 11/18/05 11/21/2005 Cash Receipt Employer Contribution PPE 11/18/05 11 /22/2005 Dividend Payable On 11/22/2005 Apache Corp 620 Shares At 0.10 11/22/2005 Dividend Payable On 11/22/2005 Mdc Holdings Inc Com 500 Shares At 0.25 200.00 24,484.38 17.61 3,738.94 5,946.43 62.00 125.00 Page 28 LARGE FONT -Transactions (2 col) - NEyVTRNi1 • November 01, 2005 To Novlr 30, 2005 .~....,e • Tnn~,psta Public Safety Account No :8014 (Transactions Income Principal Date ilescr~Nuv.. 1112212005 Return of Capital ~ 11 /28/2005 ~ 11!2812005 ~ 11129!2005 ~ 11 /30/2005 11/30/2005 Seagate Technology Return of capital due 11118/05 1,728.48 Mortgage Backed -Other Pass Through Principal On 11/25/2005 FNMA Pass Thru Pool #735503 6.000% 04/01/35 264.07 Mortgage Backed -Other Pass Through Interest FNMA Pass Thru Pool #735503 6.000% 04101135 Payable On 11/25/2005 Received On 52813.72 Units Reduction of 1728.480000 96.80 Principal Balance Dividend Payable On 11/29/2005 Schering-Plough Corp 27.50 1760 Shares At 0.055 Dividend Payable On 11/30/2005 Landstar System Inc 413.00 1100 Shares At 0.025 Dividend Payable On 11/30/2005 Simon Property Group Inc Com 590 Shares At 0.70 Short Term Investment Summary 11/01/2005 To 11/30/2005 -101,158.91 0.00 11 Purchase(s) For 0.00 27,427.96 3 Sale(s) For $ 0.00 $ 0.00 * * * Ending Balances * * * Page 29 LARGE FONT -Transactions (2 coq - NEyyTRNH • Account Name : Tequesta Public Safety November 01, 2005 To N~Gember 30, 2005 • Account No :80103784 Gain (Loss) On Sale Of Assets Prior Period Ending Market Value (Aggregate Cost Basis) 36, 358.00 Bunge Limited Sold 700 Shares At 51.89 Per Share, Less Expenses Trade Date : 11!07/2005 Settlement Date : 11!10/2005 Broker: Lynch Jones & Ryan FNMA Pass Thru Pool #735503 6.000% 04/01/35 GNMA Pass Thru Pool #599190 6.000% 03/15/35 GNMA Pass Thru Pool #640208 6.500% 03/15/35 GNMA Pass Thru Pool #640896 7.000% 04/15/35 GNMA Pass Thru Pool #641273 4.500% 04/15/35 Goldman Sachs Treasury Obligations Fd The Amount Shown Is The Net Of Withdrawls For The Entire Period Lennar Corp Sold 600 Shares At 57.31 Per Share, Less Expenses Trade Date :11/07/2005 Settlement Date :11/10/2005 Broker: Lynch Jones & Ryan Mdc Holdings Inc Com Sold 500 Shares At 68.79 Per Share, Less Expenses Trade Date :11/07/2005 Settlement Date :11/10/2005 Broker: Lynch Jones 8 Ryan Tenet Healthcare Corp Sold 2810 Shares At 7.69 Per Share, Less Expenses Trade Date :11/0712005 Settlement Date :11110/2005 Broker: Autranet Proceeds Gain/(Loss) 36,305.52 -52.48 1, 744.18 1,728.48 -15.70 95.80 94.09 -1.71 110.06 106.04 -4.02 6,344.09 6,036.04 -308.05 97.74 103.32 5.58 27,427.96 27,427.96 0.00 33, 348.00 34, 372.56 1, 024.56 34,300.00 34,385.96 85.96 23,660.20 21, 554.88 -2,105.32 EBR2GLS-Gain(Loss) on Sale of Asset Page 30 • November 01, 2005 To Nov~r 30, 2005 Name : Tequesta Public Safety • Account No :80103784 Gain (Loss) On Sale Of Assets Prior Period Ending Market Value Proceeds Gain/(Loss) (Aggregate Cost Basis) 24,335.94 24,299.81 -36.13 U S Treasury Note 3.000% 11/15/07 Sold 25000 Par Value At 97.20 Per ,Less Expenses Trade Date :11/04/2005 Settlement Date :11/08/2005 Broker: Deutsche Bank Securities 24.266.60 24,484.38 217.78 U S Treasury Note 4.250% 11/15/14 Sold 25000 Par Value At 97.94 Per ,Less Expenses Trade Date :11/16/2005 Settlement Date :11/21/2005 Broker: Alex, Brown & Sons, Inc. Total Gain (Loss) On Sales 212,088.57 210,899.04 -1,189.53 Page 31 EBR2GLS-Gain(Loss) on Sale of Asset • Account Name : Tequesta Public Safety List Of Assets November 01, 2005 To N3Gember 30, 2005 Prior Period Current Current Ending Market Value Market Unit Market Value (Aggregate Market Value) Price • Account No :80103784 Unrealized Gain/(Loss) Cash Short Term Investments Goldman Sachs Treasury Obligations Fd 221145.07 Par Value Fixed Income U S Government & Agencies FHLB 50000 Par Value FHLB Series UD09 25000 Par Value FHLB Series X209 50000 Par Value FHLMC 50000 Par Value FHLMC 100000 Par Value FNMA 105000 Par Value FNMA 115000 Par Value GNMA Pass Thru Pool #599190 99261.38 Par Value GNMA Pass Thru Pool #640208 119747.63 Par Value GNMA Pass Thru Pool #640896 107959.12 Par Value GNMA Pass Thru Pool #641273 79166.63 Par Value 0.00 0.00 0.00 221,145.07 1.00 221,145.07 0.00 4.700% 10/04/2011 48,828.13 0.975938 48,796.88 -31.25 5.250% 02/13/2009 25,375.00 1.01375 25,343.75 -31.25 4.100% 03/30/2009 49,031.25 0.980625 49,031.25 0.00 5.750% 03/15/2009 51,546.88 1.030625 51,531.25 -15.63 3.500% 09/15/2007 98,062.50 0.979688 97,968.75 -93.75 5.500% 03!1512011 108,215.63 1.030938 108,248.44 32.81 4.250% 09/28/2007 113,921.88 0.990313 113,885.94 -35.94 6.000% 03/15/2035 101,070.19 1.015848 100,834.50 -235.69 6.500% 03/15/2035 124,287.28 1.039074 124,426.60 139.32 7.000% 04/15/2035 113,468.83 1.0499 113,346.24 -122.59 4.500% 04/15/2035 74,894.42 0.949598 75,176.49 282.07 EBR2LOA-list of Assets Page 32 • November 01, 2005 To Nor 30, 2005 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) Price 200 00 43 75 168 U S Treasury Note 4.000% 02/15!2015 43,031.25 0.96 . , . 45000 Par Value 000% 08/15/2009 73,762.50 6 1.05375 73,762.50 0.00 U S Treasury Note . 70000 Par Value 495.74 1 025 1,025,552.59 55.85 Total U S Government 8 Agencies , , Corporate Obligations 000% 04/01!2035 51,549.20 6 1.006032 51,393.41 -155.79 FNMA Pass Thru Pool #735503 . 51085.24 Par Value 51,549.20 51,393.41 -155.79 Total Corporate Obligations 1,077,044.94 1,076,946.00 -98.94 Total Fixed Income Equity Equity 31,211.25 37.71 27,339.75 -3,871.50 Abbott Laboratories 725 Shares 38,940.70 48.00 39,120.00 179.30 AFLAC !nc 815 Shares 39,574.60 65.28 40,473.60 899.00 Apache Corp 620 Shares 246,00 37 38.73 37,568.10 320.10 Apartment Invt & Mgmt Co -A , 970 Shares 230.00 38 38.84 38,840.00 610.00 Baxter International Inc , 1000 Shares 40,076.80 68.19 42,277.80 2,201.00 Boeing Co 620 Shares 42,072.00 57.78 46,224.00 4,152.00 Caterpillar Inc 800 Shares 911.60 40 13.22 40,849.80 -61.80 CenterPoint Energy Inc , 3090 Shares Page 33 EBR210A-List of Assets f~~6ember 30 2005 • November 01, 2005 To 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) PrICe 50 820 1 50 638 -5 57,459.00 28.95 , . 5 . , Chesapeake Energy Corp 1790 Shares 33,980.80 69.35 38,836.00 4,855.20 Deere 8 Co 560 Shares 32,040.80 26.86 32,500.60 459.80 Duke Energy Corp 1210 Shares 41,984.40 10.99 38,904.60 -3,079.80 EI Paso Corp 3540 Shares 35,360.00 70.00 35,000.00 -360.00 Entergy Corp 500 Shares 171.20 48 17.13 52,760.40 4,589.20 Goodyear Tire & Rubber Co , 3080 Shares 49,644.00 63.65 53,466.00 3,822.00 Halliburton Co 840 Shares 150.00 39 30.55 39,867.75 717.75 Hcc Insurance Holdings Inc Com , 1305 Shares 076.60 38 38.28 39,045.60 969.00 Indymac Bancorp Inc Com , 1020 Shares 42,372.00 43.04 47,344.00 4,972.00 Landstar System Inc 1100 Shares 941.60 36 60.60 36,966.00 24.40 Lockheed Martin Corp , 610 Shares 47,419.80 96.58 49,255.80 1,836.00 Loews Corp 510 Shares 39,488.79 50.30 43,258.00 3,769.21 McKesson HBOC Inc 860 Shares 34,669.00 49.46 36,600.40 1,931.40 Murphy Oil Corp 740 Shares 38,199.00 36.78 38,619.00 420.00 P G & E Corp 1050 Shares Page 34 EBR2LOA-List o/Assets • Name ~ Teauesta Public Safety November 01, 2005 To Nor 30, 2005 Account No :8084 List Of Assets Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Gain/(Loss) (Aggregate Market Value) Price ~ nnF an 36,970.60 zs.au ~~~~~~•~~ Performance Food Group Co 1340 Shares 45,465.60 50.99 48,950.40 3,484.80 Precision Castparts Corp 960 Shares 42,086.40 44,18 42,412.80 326.40 Protective Life Protective Life 960 Shares 35,739.60 45.70 35,646.00 -93.60 Rockwell Collins Inc 780 Shares gg,341,72 23.25 39,990.00 1,648.28 Safeway Inc 1720 Shares 35,798.40 19.32 34,003.20 -1,795.20 Schering-Plough Corp 1760 Shares 31,370.85 18.92 40,961.80 9,590.95 Seagate Technology 2165 Shares 42,255.80 77.31 45,612.90 3,357.10 Simon Property Group Inc Com 590 Shares 36,829.80 25.04 39,563.20 2,733.40 Sprint Nextel Corp 1580 Shares 55,884.80 46.19 59,123.20 3,238.40 Swift Energy Co 1280 Shares 38,819.00 71.95 41,371.25 2,552.25 T Rowe Price Group Inc 575 Shares 36,416.50 17.49 36,816.45 399.95 TECO Energy Inc 2105 Shares 27,587.00 33.09 32,428.20 4,841.20 Timberland Co - CI A 980 Shares 34,909.50 42.57 36,184.50 1,275.00 Volvo Ab-Sponsored Adr 850 Shares 3g,g78.40 45.68 40,198.40 220.00 Walgreen Co eon CL..~rne Page 35 EBR2LOA-list of Assets r_..__ • • November 01, 2005 To~ember 30, 2005 Account Name : Tequesta Public Safety List Of Assets Account No :80103784 Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Gain/(Loss) (Aggregate Market Value) Price 501,675.91 1 1,558,256.00 56,580.09 Total Equity , 1,501,675.91 1,558,256.00 56,580.09 Total Equity 865.92 799 2 2,856,347.07 56,481.15 TOTAL INVESTMENTS MARKET VALUE , , TOTAL ACCRUED INCOME 12,701.38 12,701.38 2,812,567.30 2,869,048.45 56,481.15 NET ASSETS Page 36 EBRYLOA-List o/Assets November 01, 2005 To No~er 30, 2005 • Account No : 80 84 Account Name : Tequesta Public Safety (Brokerage Commissions Broker Name Autranet Lynch Jones & Ryan Tota! 1 oo.cu 99.10 0 0.00 6 155.30 0 0.00 7 Page 37 Non-Directed No. of Trades Commission Amt Directed No. of Trades Commission Amt n 0.00 EBR26RC-Broker Commissions SALEM TR~ COMPANY ~~~~ Statement of Account ~'G~ Q~~~Q F~C~ December 1, 2005 Through December 31, 2005 ~ P~~ ~~y~ G~,~ Salem Trust Company As Custodian a~ For Tequesta Public Safety ~a,~.P Pension Fund Village Of Tequesta Attn: Jody Forsythe Account Number :80103784 ACCOUNT EXECUTIVE Bradley K. Rinsem 954-426-5772 ACCOUNT MANAGER Karen Russo/Julie Clark 954-426-5770 Confidential And Privileged Information Village Of Tequesta Attn: Gwen Carlisle 250 Tequesta Dr., Ste. 300 Tequesta, FL 33468-0273 • _,.. _.___..~.__.__:,:....~..._._..___.l Account Name :• e:; y to ru~lic Safety December 01, 2005 To Der 31, 2005 Account No :80103784 Net Asset Summary Net Assets Beginning 12/01/2005 S 2,869,048.45 1.0 Summary Of Receipts 1.1 Cash Cont'ibutions 29, 671.93 1.2 - 1.4 Earnings from Investments 5,615.45 1.5 Miscellaneous Deposits 9, 098.58 Total Receipts 2.0 Summary Of,Disbursements 44,385.96 2.1 Distribution Of Benefits -8,878.02 2.2 Other Distributions 0.00 2.3 Administration Expenses 0 ~ 2.4 Other Expenses -3,218.00 Total Disbursements 3.0 Changes In Net Assets -12,096.02 3.1 Unrealized 3ain (Loss) 12,658.09 3.2 - 3.3 Changes In Investments 0.00 3.4 Gain (Loss) On Sale of Assets Aggregate Proceeds 256, 450.10 Less: Aggregate Carry Value (Market Value) 257,910.60 Total Gain/Loss -1,460.50 3.5 Accrued Income -Interest 11,815.56 3.8 Accrued Income -Dividend 2,807.82 Total Accrued Income 14,623.18 Less: Prior Accrued Income 12.701.38 Total Changes In Net Assets 13,119.39 Net Assets Ending 12/31/2005 S 2,914,457.78 74 E8R2NAS-Net Asset :>ummary Page 2 1 • • • December 01, 2005 To December 31, 2005 Account Name : Tequesta Public Safety Account No :80103784 Changes In Investments Investments Acquired Market Basis Goldman Sachs Treasury Obligations Fd 53,150.09 The Amount Shown Is The Net Of Deposits For The Entire Period Canadian Pacific Railway Ltd ADR 41,555.89 Purchased 935 Shares At 44.4248 Per Share Trade Date :12/07/2005 Settlement Date :12/12/2005 Broker: Lynch Jones 8 Ryan Fiserv Inc 42,009.98 Purchased 960 Shares At 43.7404 Per Share Trade Date :12/07/2005 Settlement Date : 12/12!2005 Broker: Lynch Jones 8 Ryan FNMA Pass Thru Pool #835760 4.500% 09/01 /35 65,373.70 Purchased 69408.04Par Value At 94.187503 Trade Date :11/22/2005 Settlement Date :12/13/2005 Broker: Raymond James Texas Instruments Inc 42,483.38 Purchased 1265 Shares At 33.5637 Per Share Trade Date :1210712005 Settlement Date :12/1212005 Broker: Lynch Jones 8 Ryan U S Treasury Note 4.125% 05/15/15 14,641.40 Purchased 15000 Par Value At 97.609333 Trade Date :12/23/2005 Settlement Date :12/2712005 Broker: Citigroup Global MKTS InGSalomon U S Treasury Note 4.250% 08/15/15 19,481.25 Purchased 20000 Par Value At 97.40625 Trade Date :12/13/2005 Settlement Date :12/16/2005 Broker: Lehman Brothers Tota! Investments Acquired 278,695.69 I STC 74 EBR2CIA-Changes !n Investments Pays 3 Account Name : Te uesta Public Safe 4 ty Changes In Investments December 01, 2005 To Defier 31, 2005 Market Basis Account No :80103784 No Stock Dividends /Splits And Other Changes Qualify STC 7I EBR2CfA-Changes In Invesdnents Pam • Account Name : Tequesta Public Safety Earnin s From Inv g estments Interest U S Treasury Note 4.125% OS/15/15 12/27/2005 Accrued Interest On Purchase Symbol: 912828DV9 December 01, 2005 To ~ttber 31, 2005 GNMA Pass Thru Pool #599190 6.000% 03/15/35 12/16/2005 Rate 0.5 Payable 12/15/2005 On 99261.38 Par Symbol: 36200EUP4 GNMA Pass Thru Pool #640208 6.500% 03/15/35 12/16/2005 Rate 0.54166667 Payable 12/15/2005 On 119747.63 Par Symbol: 36291 WGR6 GNMA Pass Thru Pool #640896 7.000% 04/15/35 12/16/2005 Rate 0.58333333 Payable 12/15/2005 On 107959.12 Par Symbol: 36291 W7H8 GNMA Pass Thru Pool #641273 4.500% 04/15/35 12/16/2005 Rate 0.375 Payable 12/15/2005 On 79166.63 Par Symbol: 36291 XMW6 Goldman Sachs Treasury Obligations Fd 12/01 /2005 Symbol: 38141 XXXX • Account No :80103784 -71.79 -71.79 496.31 496.31 648.63 648.63 629.76 629.76 296.87 296.87 541.00 541.00 U S Treasury Note 4.250% 08/15/15 12/16/2005 Accrued Interest On Purchase -284.10 Symbol: 912828EE6 STC 7I EBR2EF1-Earnings from Investments Page 5 ~' Account Name : Tequesta Public Safety December 01, 2005 To Deer 31, 2005 • Account No :80103784 Earnings From Investments Interest 12/21/2005 Accrued Interest On Sale Symbol: 912828EE6 FNMA Pass Thru Pool #735503 6.000% 04/01/35 12/28/2005 Rate 0.5 Payable 12/25/2005 On 51085.24 Par Symbol: 31402RDG1 FNMA Pass Thru Pool #835760 4.500% 09/01/35 12/13/2005 Accrued Interest On Purchase Symbol: 31407NOM8 Totallnterest 296.65 12.55 255.43 255.43 -104.11 -104.11 2,704.85 STC 74 EBR2EF1-Eamings from Investments page 6 • Account Name : Tequesta Public Safety Earnings From Investments Dividends AFLAC Inc 12/02/2005 815 Shares At 0.11 Per Share Symbol: 001055102 Apartment Invt & Mgmt Co -A 12/01/2005 970 Shares At 0.6 Per Share Symbol: 037488101 Boeing Co 12/02/2005 620 Shares At 0.25 Per Share Symbol: 097023105 CenterPoint Energy Inc 12/09/2005 3090 Shares At 0.06 Per Share Symbol: 151897107 Duke Energy Corp 12/1612005 1210 Shares At 0.31 Per Share Symbol: 264399106 Entergy Corp 12/01 /2005 500 Shares At 0.54 Per Share Symbol: 293646103 December 01, 2005 To D~ber 31, 2005 • Account No :80103784 89.65 582.00 155.00 185.40 375.10 270.00 89.65 582.00 155.00 185.40 375.10 270.00 Halliburton Co 105.00 12/22/2005 840 Shares At 0.125 Per Share Symbol: 406216101 105.00 Page 7 STC 74 EBR2EF1-Earnings from Investments • Account Name : Tequesta Public Safety Earnings From Investments Dividends Indymac Bancorp Inc Com 12/08/2005 1020 Shares At 0.42 Per Share Symbo1:456607100 Lockheed Martin Corp 12/30/2005 610 Shares At 0.3 Per Share Symbol: 539830109 Loews Corp 12/12/2005 510 Shares At 0.15 Per Share Symbol: 540424108 Murphy Oil Corp 12/01/2005 740 Shares At 0.1125 Per Share Symbol: 626717102 Protective Life Protective Life 12/02/2005 960 Shares At 0.195 Per Share Symbol: 743674103 Rockwell Collins Inc 12/05/2005 780 Shares At 0.12 Per Share Symbol: 774341101 Sprint Nextel Corp 12/30!2005 1580 Shares At 0.025 Per Share Symbol: 852061100 December 01, 2005 To Deer 31, 2005 • Account No :80103784 428.40 183.00 76.50 83.25 167.20 93.60 39.50 428.40 183.00 76.50 83.25 187.20 93.60 39.50 I Page 8 STC 74 EBR2EF1-Eemings from Investments December 01, 2005 To Ober 31, 2005 • • Account Name : Tequesta Public Safety Earnings From Investments Dividends Walgreen Co 12/12/2005 880 Shares At 0.065 Per Share Symbol: 931422109 Tota! Dividend 57.20 57.20 2,910.80 Account No :80103784 STC 74 E8R2EF1-EamJngs /rom InvesUnents Page 9 December 01, 2005 To Deer 31, 2005 • • Account Name : Tequesta Public Safety Earnings From Investments Pooled Funds Total Earnings Paid No Data Qualifies 6,815.45 Account No :80103784 Page 10 STC 74 EBR2EFl-Earnings from Investments • December 01, 2005 To D~ber 31, 2005 • Account No :80103784 Account Name : Tequesta Public Safety Earnings f rom Investments Accrued Income -Interest FNMA 4.250% 09/28!07 1,262.60 115000 Par Value At 0.0425 Par FHLMC 5.750% 03/15/09 846.53 50000 Par Value At 0.0575 Par FNMA Pass Thru Pool #835760 4.500% 09/01/35 260.28 69408.04 Par Value At 0.045 Par GNMA Pass Thru Pool #599190 6.000% 03/15/35 495.83 99166.78 Par Value At 0.06 Par GNMA Pass Thru Pool #640208 6.500% 03/15/35 648.06 119640.96 Par Value At 0.065 Par GNMA Pass Thru Pool #640896 7.000% 04/15/35 601.09 103043.41 Par Value At 0.07 Par GNMA Pass Thru Pool #641273 4.500% 04/15/35 296.46 79055.99 Par Value At 0.045 Par U S Treasury Note 4.000% 02115/15 675.00 45000 Par Value At 0.04 Par U S Treasury Note 4.125% 05/15/15 78.63 15000 Par Value At 0.04125 Par FHLB 4.700% 10/04/11 567.92 50000 Par Value At 0.047 Par FHLB Series UD09 5.250% 02/13109 495.83 25000 Par Value At 0.0525 Par Pege 11 STC 74 EBR2AE1-Accrued Earnings • Account Name : Tequesta Public Safety December 01, 2005 To Deer 31, 2005 • Account No :80103784 Earnings From Investments Accrued Income -Interest FHLB Series X209 4.100% 03/30/09 50000 Par Value At 0.041 Par 518.19 FHLMC 3.500% 09/15/07 100000 Par Value At 0.035 Par 1,030.56 FNMA 5.500% 03/15/11 105000 Par Value At 0.055 Par 1,700.42 U S Treasury Note 6.000% 08/15/09 70000 Par Value At 0.06 Par 1,575.00 FNMA Pass Thru Pool #735503 6.000% 04/01/35 49818.89 Par Value At 0.06 Par 249.09 Goldman Sachs Treasury Obligations Fd 134881.35 Par Value At 0.0366 Par 514.07 Accrued Income -Interest 11,815.56 STC 74 EBR2AE1-Accrued Earnings Page 12 • Account Name : Tequesta Public Safety December 01, 2005 To December 31, 2005 __. __ • Account No :80103784 Earnings From Investments Accrued Income -Dividends Baxter International Inc 1000 Shares At 0.582 Per Share 582.00 PG&ECorp 1050 Shares At 0.33 Per Share 346.50 Chesapeake Energy Corp 1790 Shares At 0.05 Per Share 89.50 El Paso Corp 3540 Shares At 0.04 Per Share 141.60 McKesson HBOC Inc 860 Shares At 0.06 Per Share 51.60 Apartment Invt & Mgmt Co -A 970 Shares At 0.6 Per Share 582.00 Graco Inc 980 Shares At 0.13 Per Share 127.40 Sold 10/13/2005 Safeway Inc 1720 Shares At 0.05 Per Share 86.00 Hcc Insurance Holdings Inc Com 1305 Shares At 0.075 Per Share 97.88 Deere & Co 560 Shares At 0.39 Per Share 218.40 Canadian Pacific Railway Ltd ADR 935 Shares At 0.1302 Per Share 121.74 STC 71 EBR2AE1-Accrued Earnings Page 13 • Account Name : Tequesta Public Safety December 01, 2005 To Dec~er 31, 2005 • Account No :80103784 Earnings From Investments Accrued Income -Dividends T Rowe Price Group Inc 575 Shares At 0.28 Per Share 161.00 Seagate Technology 2165 Shares At 0.08 Per Share 173.20 Precision Castparts Corp 960 Shares At 0.03 Per Share 28.80 Accrued Income -Dividends Total Accrued Income 2,807.62 14,623.18 I STC 74 EBR2AEI-Accrued Earnings Paps i4 • Account Name : Tequesta Public Safety December 01, 2005 To ~n ber 31, 2005 • Account No :80103784 Balance Sheet As Of 12/01/2005 As Of 12/31/2005 Cost Value Market Value Cost Value Market Value Cash And Receivables Cash 0.00 0.00 10,044.35 10,044.35 Due From Broker 0.00 0.00 0.00 0.00 Accrued Income 12,701.38 12,701.38 14,623.18 14,623.18 Total Cash And Receivables 12,701.38 12,701.38 24,667.53 24,667.53 Cash Short Terminvestments 221,145.07 221,145.07 134,881.35 134,881.35 Total Cash 221,145.07 221,145.07 134,881.35 134,881.35 Fixed Income U S Government & Agencies 1,046,420.97 1,025,552.59 1,055,460.19 1,037,830.11 Total Fixed Income 1,046,420.97 1,025,552.59 1,055,460.19 1,037,830.11 Equity Equity 1,408,135.04 1, 558,256.00 1,425, 596.55 1,601,373.30 Total Equity 1,408,135.04 1,558,256.00 1,425,596.55 1,601,373.30 Fixed Income Corporate Obligations 52,230.66 51,393.41 116,309.62 115,705.49 Total Fixed Income 52,230.66 51,393.41 116,309.62 115,705.49 Total Holdings 2,727,931.74 2,856,347.07 2,732,247.71 2,889,790.25 TOTAL ASSETS 2,740,633.12 2,869,048.45 2,756,915.24 2,914,457.78 Payables Due To Broker 0.00 0.00 0.00 0.00 Total Payables O.oo 0.00 0.00 0.00 TOTAL LIABILITIES 0.00 0.00 0.00 0.00 Total Net Asset value 2,740,633.12 2,869,048.45 2,756,915.24 2,914,457.78 Total Liabilities And Equity 2,740,633.12 2,869,048.45 2,756,915.24 2,914,457.78 ~ STC 74 EBR26LS-Balance Sheei page 1 S • December 01, 2005 To Dec~r 31, 2005 • Account No :80103784 4ccount Name : Tequesta Public Safety Investment Summary Beginning Ending Investment Of Period Of Period Change Cash Cash Short Term Investments Total Cash 0.00 10,044.35 221,145.07 134,881.35 221,145.07 144,925.70 0.00 1,025,552.59 1,037,830.11 3,109.12 51, 393.41 115,705.49 212.37 1,076,946.00 1,153,535.60 3,321.49 1,558,256.00 1,601,373.30 9,336.60 1,558,256.00 1,601,373.30 9,338.80 Fixed Income U S Government & Agencies Corporate Obligations Total Fixed Income Equity Equity Total Equity Changes In Invesment -Other Total Changes In Invesment -Other Realized Gain/Loss On Sales Proceeds Less: Aggregate Carry Value (Market Value) Net Period Accruals Accrued Income Accrued Income Less: Prior Accrued Income Total Accrued Income Investment Summary Total Tota! Changes In Net Assets 0.00 256,450.10 257,910.60 0.00 0.00 -1,460.50 12, 701.38 14,623.18 14,623.18 12,701.38 12,701.38 14,623.18 1,921.80 S 2,869,048.45 3 2,914,457.78 $13,119.39 i Pags 16 STC 74 EBR2S01-Investment Summary • Account Name : Tequesta Public Safety c~~mmarv of Receipts December 01, 2005 To D•ber 31, 2005 Account No :3784 ~ vim...-_____ ~ 1.1 Contributions 18,209.29 Employer Contributions 11,462.64 Employee Contributions 0.00 Other Contributions Total Earnings From Investments 2,704.65 1.2 Interest 2,910.80 1.3 Dividends 0.00 1.4 Pooled Funds Tota! 1.5 Miscellaneous Deposits Total Receipts ~~ ~mmarv of Disbursements -7,102.42 -1,775.60 2.1 Distribution Of Benefits Lump Sum Benefit Payment Federal Withholding -STC Total 2.2 Other Distributions Total 2.3 Administration Expenses Fees And Commissions Total 2.4 Other Expenses 29,671.93 5,615.45 9,098.58 S 44,385.96 -8,878.02 0.00 0.00 Page 17 STC 74 EBR2SOR-Summary of Receipts • Account Name : Tequesta Public Safety December 01, 2005 To Deer 31, 2005 • Account No :80103784 Summary of Disbursements Miscellaneous Expense Total Total Disbursements -3,215.00 -3,215.00 -12,096.02 I STC 7~ EBR2SOR-Summary of Receipts Pape id December 01, 2005 To Deer 31, 2005 • Account No : 80 3784 Account Name : Tequesta Public Safety ~ Contributions Employer Contribution 12/0512005 Employer Contribution PPE 11 /26105 12/19/2005 Employer Contribution PPE 12/10/05 12130!2005 Employer Contribution PPE 12/24/05 Total Employer Contribution Employee Contributions 12/05/2005 Employee Contributions PPE 11/26/05 12119/2005 Employee Contributions PPE 12!10/05 12/30/2005 Employee Contributions PPE 12!24/05 Total Employee Contributions Total Cash Contributions 6,414.14 5,660.44 6,134.71 4,036.91 3,516.09 3,909.64 18,209.29 11,462.64 29,671.93 page f 9 STC 74 EBR2COR-Contributions 8 Other Receipts • Account Name : Tequesta Public Safety December 01, 2005 To Deer 31, 2005 Account No :80103784 ~ Other. Receipts Miscellaneous Receipt 12/28/2005 From Wachovia, initial funding monies Total Miscellaneous Receipt Total Miscellaneous Deposits 9,098.58 9,098.58 9,098.58 I STC 74 EBR2COR-Contributions 8 Other Receipts Pape 20 • Account Name : Tequesta Public Safety Distribution Of Benefits December 01, 2005 To ~nber 31, 2005 • Account No :80103784 Lump Sum Benefit Payment 12/12/2005 To : Jason Fleming -7,102.42 Gross amount $8,878.02 Withholding $1,775.60 Total Lump Sum Benefit Payment -7,102.42 Federal Withholding -STC 12/12/2005 To : Acct # 13950800 STC TEFRA (Federal Tax) W/H Account -1,775.60 Paid For Jason Fleming Total Federal Withholding -STC -1,775.60 Total Distribution OJBenefits -8,878.02 STC 74 EBR2DAE-Dlstrlbutlon 8 Expenses Page 21 f, • • December 01, 2005 To December 31, 2005 Account Name : Tequesta Public Safety Other Disbursements 7w eenenw~ ni_.1~_...__ . No Data Qualifies Account No :80103784 Ppe 22 • Account Name : Tequesta Public Safety Administrative Expenses December 01, 2005 To DlCember 31, 2005 No Data Qualifies • Account No :80103784 Page 23 Account Name :~uesta Public Saf q ety Other Expenses Miscellaneous Expense 12/15/2005 To : Acordia Southeast Palm Beach Acct. #VILLOFT-O1 Invoice #1565R Total Miscellaneous Expense Total Other Expenses 7~ EBR2DAE-DlsbibuUon 6 Expenses December 01, 2005 To Der 31, 2005 -3,218.00 -3,218.00 -3,218.00 • Account No :80103784 Paps Z4 December 01 2005 To ~mber 31, 2005 • • Account Name : Tequesta Public Safety Account No :80103784 Transactions Date Description Income Principal * * * Starting Balances * * * $ 0.00 $ 0.00 12/01/2005 Dividend Payable On 12/01/2005 Murphy Oil Corp 740 Shares At 0.1125 12/01/2005 Dividend Payable On 12/01/2005 Entergy Corp 500 Shares At 0.54 12/01/2005 Dividend Payable On 11130/2005 Apartment Invt & Mgmt Co -A 970 Shares At 0.60 12/01 /2005 Interest Goldman Sachs Treasury Obligations Fd Payable On 11/30/2005 12/02/2005 Dividend Payable On 12/02/2005 Boeing Co 620 Shares At 0.25 12/02/2005 Dividend Payable On 12/01 /2005 AFLAC Inc 815 Shares At 0.11 12/02/2005 Dividend Payable On 12/01/2005 Protective Life Protective Life 960 Shares At 0.195 83.25 270.00 582.00 541.00 155.00 89.65 187.20 STC 74 LARGE FONT -Transactions (2 col) - NEYYTRNH Page 25 • December 01, 2005 To Deer 31, 2005 • Account Name : Tequesta Public Safety Account No :80103784 Transactions Date Description Income Principal 12/05/2005 12/05/2005 112/05/2005 112/08/2005 112/09/2005 112/12/2005 112/12/2005 12/12/2005 Dividend Payable On 12/05/2005 Rockwell Collins Inc 780 Shares At 0.12 Cash Receipt Employee Contributions PPE 11/26/05 Cash Receipt Employer Contribution PPE 11/26/05 Dividend Payable On 12/08/2005 Indymac Bancorp Inc Com 1020 Shares At 0.42 Dividend Payable On 12/09/2005 CenterPoint Energy Inc 3090 Shares At 0.06 Dividend Payable On 12/12/2005 Walgreen Co 880 Shares At 0.065 Dividend Payable On 12/12/2005 Loews Corp 510 Shares At 0.15 Purchased On 12/07/2005 960 Units Fiserv Inc 960 Units At $ 43.7404 Per Unit Through Lynch Jones & Ryan 93.60 4,036.91 6,414.14 428.40 185.40 57.20 76.50 -42,009.98 STC 74 LARGE FONT - Transactions (2 col) - NEWTRNH Paps 2Q • Account Name : Tequesta Public Safety December 01, 2005 To D~ber 31, 2005 • Account No :80103784 Transactions Income Principal Date Description -42,483.38 12/12/2005 Purchased On 12/07/2005 1265 Units Texas Instruments Inc 1265 Units At $ 33.5637 Per Unit Through Lynch Jones & Ryan 12/12/2005 Purchased On 12/07/2005 935 Units Canadian Pacific Railway Ltd ADR 935 Units At $ 44.4248 Per Unit Through Lynch Jones & Ryan 12/12/2005 Sold On 12/07/2005 1210 Units Duke Energy Corp 1210 Units At $ 26.1928 Through Lynch Jones & Ryan 12/12/2005 Sold On 12/07/2005 980 Units Timberland Co - CI A 980 Units At $ 32.4165 Through Lynch Jones & Ryan 12/12/2005 Sold On 12/07/2005 725 Units Abbott Laboratories 725 Units At $ 37.9041 Through Lynch Jones & Ryan 12/12/2005 Cash Disbursement Lump Sum Benefit Payment Paid To :Jason Fleming Gross amount $8,878.02 Withholding $1,775.60 12/12/2005 Transfer Between Accounts -Disbursement Federal Withholding -STC Paid To : Acct # 13950800 -STC TEFRA (Federal Tax) W/H Account Paid For Jason Fleming 12/13/2005 Purchased On 11/22/2005 69408.04 Units FNMA Pass Thru Pool #835760 4.500% 09/01 /35 -41, 555.89 31,667.76 31,747.24 27,464.82 -7,102.42 -1,775.60 -65,373.70 69406.04 Units At $94.187503 Per Unit Page 27 STC 74 LARGE FONT - Transactions (2 col) - NEyV'fRNH • Account Name : Tequesta Public Safety December 01, 2005 To Der 31, 2005 • Account No :80103784 ~ Transactions Date Description Income Principal Through Raymond James 12/13/2005 Purchase Accrued Interest FNMA Pass Thru Pool #835760 4.500% 09/01/35 To 12/13/2005 12/15/2005 Cash Disbursement Miscellaneous Expense Paid To : Acordia Southeast Palm Beach Acct. #V1 LLOFT-01 Invoice #1565R 12/16/2005 Dividend Payable On 1 2/1 612 0 0 5 Duke Energy Corp 1210 Shares At 0.31 12/16/2005 Mortgage Backed -GNMA Principal On 12/15/2005 GNMA Pass Thru Pool #599190 6.000% 03/15/35 12/16/2005 Mortgage Backed -GNMA interest GNMA Pass Thru Pool #599190 6.000% 03/15/35 Payable On 12/15/2005 Received On 99261.38 Units Principal Balance Reduction of 94.600000 12/16/2005 Mortgage Backed -GNMA Principal On 12/15/2005 GNMA Pass Thru Pool #640896 7.000% 04/15/35 12/16/2005 Mortgage Backed -GNMA Interest GNMA Pass Thru Pool #640896 7.000% 04/15/35 Payable On 12/15/2005 Received On 107959.12 Units Principal Balance Reduction of 4915.710000 -104.11 -3,218.00 375.10 94.60 496.31 4,915.71 629.76 STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Page 28 • December 01, 2005 To ~ber 31, 2005 • Account No :80103784 Account Name : Tequesta Public Safety TCaIISaCtIOIIS Income Principal Date Description 106.67 12/16/2005 Mortgage Backed -GNMA Principal On 1 2/1 51200 5 GNMA Pass Thru Pool #640208 6.500% 03/15/35 648.63 12/16/2005 Mortgage Backed -GNMA Interest GNMA Pass Thru Pool #640208 6.500% 03/15/35 Payable On 12/15/2005 Received On 119747.63 Units Principal Balance Reduction of 106.670000 110.64 12/16/2005 Mortgage Backed -GNMA Principal On 12/15/2005 GNMA Pass Thru Pool #641273 4.500% 04/15/35 296.87 12/16/2005 Mortgage Backed -GNMA Interest GNMA Pass Thru Pool #641273 4.500% 04115/35 Payable On 12/15/2005 Received On 79166.63 Units Principal Balance Reduction of 110.640000 -19,481.25 12/16/2005 Purchased On 12/13/2005 20000 Units U S Treasury Note 4.250% 08/15/15 20000 Units At $ 97.40625 Per Unit Through Lehman Brothers -284.10 1 211 6/200 5 Purchase Accrued Interest U S Treasury Note 4.250% 08/15/15 To 12/16/2005 3,516.09 12/19/2005 Cash Receipt Employee Contributions PPE 12/10/05 5,660.44 12/19/2005 Cash Receipt Employer Contribution PPE 12/10/05 19,662.50 12/2112005 Sold On 12/16/2005 20000 Units U S Treasury Note 4.250% 08/15/15 Page 29 STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH • Account Name : Tequesta Public Safety December 01, 2005 To December 31, 2005 • Account No :80103784 Transactions Date Description Income Principal 20000 Units At $ 98.3125 Through Citigroup Global MKTS Inc/Salomon 12/21/2005 Accrued Interest Received U S Treasury Note 4.250% 08/15/15 296.65 Par Value Of 20,000.00 12/22/2005 Dividend Payable On 12/22/2005 105.00 Halliburton Co 840 Shares At 0.125 12/27/2005 Purchased On 12/23/2005 15000 Units U S Treasury Note 4.125% 05/15/15 -14,641.40 15000 Units At $ 97.609333 Per Unit Through Citigroup Global MKTS Inc/Salomon 12/27/2005 Purchase Accrued Interest U S Treasury Note 4.125% 05/15/15 -71.79 To 12/27/2005 12/28/2005 Cash Receipt Miscellaneous Receipt 9,098.58 From Wachovia, initial funding monies 12/28/2005 Mortgage Backed -Other Pass Through Principal On 12/25/2005 1,266.35 FNMA Pass Thru Pool #735503 6.000% 04/01/35 12/28/2005 Mortgage Backed -Other Pass Through Interest FNMA Pass Thru Pool #735503 6.000% 04/01/35 255.43 Payable On 12/25/2005 Received On 51085.24 Units Principal Balance Reduction of 1266.350000 12/30/2005 Dividend Payable On 12/30/2005 183.00 . Lockheed Martin Corp 610 Shares At 0.30 TC 74 LARGE FONT - Transact/ons (2 col) - NEWTRNH Ppe 30 December 01, 2005 To t~ber 31, 2005 , • Account Name : Tequesta Public Safety Account No :80103784 Transactions Date Description Income Principal 12/30/2005 Dividend 39.50 Payable On 12/30/2005 Sprint Nextel Corp 1580 Shares At 0.025 12/30/2005 Cash Receipt 6,134.71 Employer Contribution PPE 12/24/05 12/30/2005 Cash Receipt 3,909.64 Employee Contributions PPE 12/24/05 Short Term Investment Summary 12/01/2005 To 12/31/2005 12 Purchase(s) For 0.00 -53,150.09 5 Sale(s) For 0.00 139,413.81 * * * Ending Balances * * * 3 0.00 3 10,044.35 STC 74 LARGE FONT -Transactions (2 col) - NEWTRNH Psge 31 Account Name : Tequesta Public Safety Gain (Loss) On Sale Of Assets December 01, 2005 To D~ber 31, 2005 • Account No :80103784 Prior Period Ending Market Value Proceeds Gain/(Loss) (Aggregate Cost Basis) Abbott Laboratories Sold 725 Shares At 37.90 Per Share, Less Expenses 27,339.75 27,464.82 125.07 Trade Date :12/07/2005 Settlement Date :12/12/2005 Broker: Lynch Jones & Ryan Duke Energy Corp Sold 1210 Shares At 26.19 Per Share, Less Expenses 32,500.60 31,667.76 -832.84 Trade Date :12/07/2005 Settlement Date :12/12/2005 Broker: Lynch Jones & Ryan FNMA Pass Thru Pool #735503 6.000% 04/01/35 1,273.99 1,266.35 -7.64 GNMA Pass Thru Pool #599190 6.000% 03/15/35 96.10 94.60 -1.50 GNMA Pass Thru Pool #640208 6.500% 03/15/35 110.84 106.67 -4.17 GNMA Pass Thru Pool #640896 7.000% 04/15/35 5,161.00 4,915.71 -245.29 GNMA Pass Thru Pool #641273 4.500% 04/15/35 105.06 110.64 5.58 Goldman Sachs Treasury Obligations Fd The Amount Shown Is The Net Of 139,413.81 139,413.81 0.00 Withdrawls For The Entire Period Timberland Co - CI A Sold 980 Shares At 32.42 Per Share, Less Expenses 32,428.20 31,747.24 -680.96 Trade Date :12/07/2005 Settlement Date :12/12/2005 Broker: Lynch Jones 8 Ryan U S Treasury Note 4.250% 08/15/15 Sold 20000 Par Value At 98.31 Per ,Less Expenses 19'481.25 19,662.50 181 25 Trade Date :12/16/2005 Settlement Date :12/21/2005 Broker: Citigroup Global MKTS IncJSalomon Tola! Gain (Loss) On Sales 257 910 60 , . 256,450.10 -1,460.50 iTC 7~ EBR2GLS-Ge/n(Loss) on Sale o/Asset Pam 92 • Account Name : Tequesta Public Safety List Of Assets December 01, 2005 To DL~ember 31, 2005 ..._ .................. _ _ _ • Account No :80103784 Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Gain/(Loss) (Aggregate Market Value) Price Cash 10,044.35 10,044.35 0 00 Short Term Investments . Goldman Sachs Treasury Obligations Fd 134881.35 Par Value 134,881.35 1.00 134,881.35 0.00 Fixed Income U S Government & Agencies FHLB 4.700% 10/04/2011 48,796.88 0.97875 48 937 50 50000 Par Value , . 140.62 FHLB Series UD09 5.250% 02/13/2009 25,343.75 1 01375 25000 Par Value . 25,343.75 0.00 FHLB Series X209 4.100% 03/30/2009 49,031.25 0 98125 50000 Par Value . 49,062.50 31.25 FHLMC 3.500% 09/15/2007 97,968.75 0.980625 98 062 50 100000 Par Value , . 93.75 FHLMC 5.750% 03/15/2009 51,531.25 1.029375 51 468 75 50000 Par Value , . -62.50 FNMA 4.250% 09/28/2007 113,885.94 0.990313 113 885 94 115000 Par Value , . 0.00 FNMA 5.500% 03/15/2011 108,248.44 1.03375 108 543 75 105000 Par Value , . 295.31 GNMA Pass Thru Pool #599190 6.000% 03/15/2035 100 738 40 99166.78 Par Value , . 1.024062 101,552.98 814.58 GNMA Pass Thru Pool #640208 6.500% 03/15/2035 124 315 76 119640.96 Par Value , . 1.043875 124,890.20 574.44 GNMA Pass Thru Pool #640896 7.000% 04/15/2035 108 185 24 103043.41 Par Value , . 1.049625 108,156.93 _28.31 GNMA Pass Thru Pool #641273 4.500% 04/15/2035 75 071 43 79055.99 Par Value , . 0.959688 75,869.05 797.62 STC 74 EBR2LOA-Clef of Assets Pale 39 V • Account Name : Tequesta Public Safety December 01, 2005 To Deer 31, 2005 • Account No :80103784 List Of Assets Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Cain/(Loss) (Aggregate Market Value) Prit:e U S Treasury Note 4.000% 02/15/2015 43,200.00 0.969375 43,621.88 421.88 45000 Par Value U S Treasury Note 4.125% 05/15/2015 14,641.40 0.978125 14,671.88 30.48 15000 Par Value U S Treasury Note 6.000% 08/15/2009 73,762.50 1.05375 73,762.50 0.00 70000 Par Value Total U S Government 8 Agencies 1,034,720.99 1,037,830.11 3,109.12 Corporate Obligations FNMA Pass Thru Pool #735503 6.000% 04/01!2035 50,119.42 1.010441 50,339.03 219.61 49818.89 Par Value FNMA Pass Thru Pool #835760 4.500% 09/01!2035 65,373.70 0.941771 65,366.46 -7.24 69408.04 Par Value Total Corporate Obligations 115,493.12 115,705.49 212.37 Total Fixed Income 1,150,214.11 1,153,535.60 3,321.49 Egnity Equity AFLAC Inc 39,120.00 46.42 37,832.30 -1,287.70 815 Shares Apache Corp 40,473.60 68.52 42,482.40 2,008.80 620 Shares Apartment Invt 8 Mgmt Co -A 37,568.10 37.87 36,733.90 -834.20 970 Shares Baxter International Inc 38,840.00 37.65 37,650.00 -1,190.00 1000 Shares Boeing Co 42,277.80 70.24 43,548.80 1,271.00 620 Shares Canadian Pacific Railway Ltd ADR 41,555.89 41.95 39,223.25 -2,332.64 935 Shares I STC 74 EBR2LOA-List of Assets Ppe ~ • Dece b 01 2005 T ~b 31 2005 • m er , o er , 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) Price Cater illar Inc p 4 6,224.00 57.77 46,216.00 -8.00 800 Shares CenterPoint Energy Inc 40,849.80 12.85 39,706.50 -1,143.30 3090 Shares Chesapeake Energy Corp 51,820.50 -31.73 56,796.70 4,976.20 1790 Shares Deere & Co 38,836.00 68.11 ~ 38,141.60 -694.40 560 Shares EI Paso Corp 38,904.60 12.16 43,046.40 4,141.80 3540 Shares Entergy Corp 35,000.00 68.65 34,325.00 -675.00 500 Shares Fiserv Inc 42,009.98 43.27 41,539.20 -470.78 960 Shares Goodyear Tire 8 Rubber Co 52,760.40 17.38 53,530.40 770.00 3080 Shares Hatliburton Co 53,466.00 61.96 52,046.40 -1,419.60 840 Shares Hcc Insurance Holdings Inc Com 39,867.75 29.68 38,732.40 -1,135.35 1305 Shares Indymac Bancorp Inc Com 39,045.60 39.02 39,800.40 754.80 1020 Shares Landstar System Inc 47,344.00 41.74 45,914.00 -1,430.00 1100 Shares Lockheed Martin Corp 36,966.00 63.63 38,814.30 1,848.30 610 Shares Loews Corp 49,255.80 94.85 48,373.50 -882.30 510 Shares McKesson HBOC Inc 43,258.00 51.59 44,367.40 1,109.40 860 Shares STC 74 E8R2LOA-List of Assets Page 35 • Account Name : Tequesta Public Safety December 01, 2005 To Deer 31, 2005 • Account No :80103784 List Of Assets Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Gain/(Loss) (Aggregate Market Value) Price Murphy Oil Corp 36,600.40 53.99 39,952.60 3,352.20 740 Shares P G 8 E Corp 38,619.00 37.12 38,976.00 357.00 1050 Shares Performance Food Group Co 38,056.00 28.37 38,015.80 -40.20 1340 Shares Precision Castparts Corp 48,950.40 51.81 49,737.60 787.20 960 Shares Protective Life Protective Life 42,412.80 43.77 42,019.20 -393.60 960 Shares Rockwell Collins Inc 35,646.00 46.47 36,246.60 600.60 780 Shares Safeway Inc 39,990.00 23.66 40,695.20 705.20 1720 Shares Schering-Plough Corp 34,003.20 20.85 36,696.00 2,692.80 1760 Shares Seagate Technology 40,961.80 19.99 43,278.35 2,316.55 2165 Shares Simon Property Group Inc Com 45,612.90 76.63 45,211.70 -401.20 590 Shares Sprint Nextel Corp 39,563.20 23.36 36,908.80 -2,654.40 1580 Shares Swift Energy Co 59,123.20 45.07 57,689.60 -1,433.60 1280 Shares T Rowe Price Group Inc 41,371.25 72.03 41,417.25 46.00 575 Shares TECO Energy Inc 36,816.45 17.18 36,163.90 -652.55 2105 Shares Texas Instruments Inc 42,483.38 32.07 40,568.55 -1,914.83 1265 Shares s ~ L /4 CtfKLLVA-L/dt 0/ASS@LS Pa~@ 3Q • December 01, 2005 To ~ber 31, 2005 Account No : 8 03784 sta Public Safety T eque Account Name : List Of Assets Prior Period Current Current Unrealized Ending Market Value Market Unit Market Value Gain/(Loss) (Aggregate Market Value) Price 36,184.50 47.09 40,026.50 3,842.00 Volvo Ab-Sponsored Adr 850 Shares 40,198.40 44.26 38,948.80 -1,249.60 Walgreen Co 880 Shares 592,036.70 1 1,601,373.30 9,336.60 Total Equity , 1,592,036.70 1,601,373.30 9,336.60 Total Equity 2,887,176.51 2,899,834.60 12,658.09 TOTAL INVESTMENTS MARKET VALUE 14,623.18 14,623.18 TOTAL ACCR UED INCOME 2,901,799.69 2,914,457.78 12,858.09 NET ASSETS Page 37 S7C 74 EBR2LOA-List of Assets December 01, 2005 To Der 31, 2005 • Account Name '.~juesta Public Safety Account No :80103784 Brokerage Commissions Non-Directed Directed Broker Name No. of Trades Commission Amt No. of Trades Commission Amt Lynch Jones 8 Ryan 6 121.50 0 0.00 Tota! STC 7s EBR2BRC-Broker Commissions 121.50 0 0.00 Page 38