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CITY OF SAN LEANDRO
<br />NOTES TO BASIC FINANCIAL STATEMENTS
<br />For The Year Ended June 30, 2014
<br />NOTE 2 - CASH AND INVESTMENTS (Continued)
<br />The City's policy requires that the management company of mutual funds must have attained the highest
<br />rating provided by not less than two of the three largest nationally recognized rating organizations.
<br />Corporate bonds
<br />NOTE 3 — LOANS RECEIVABLE
<br />$ 1,631,213 $ 1,358,292 $ 2,766,150 $ 2,294,981 $ 446,353
<br />At June 30, 2014, the City had loans receivable in the following funds:
<br />Governmental Funds:
<br />General Fund
<br />Affordable Housing Asset Special Revenue Fund
<br />Non Major Funds:
<br />Community Development Block Grant (CDBG)
<br />HOME Fund
<br />Housing In -Lieu
<br />Total Governmental Funds
<br />Less allowance for uncollectible loans:
<br />Community Development Block Grant (CDBG)
<br />Affordable Housing Asset Fund
<br />Total Government -Wide Financials
<br />fi!
<br />$ 1,150,139
<br />8,678,013
<br />736,579
<br />3,235,000
<br />637,000
<br />14,436,731
<br />681,305
<br />589,940
<br />$ 13,165,486
<br />Minimum
<br />Fair
<br />Legal
<br />Exempt From
<br />Investment Type
<br />Value
<br />Rating
<br />Disclosure
<br />Not Rated AAA
<br />AA+
<br />Federal agency securities
<br />$ 20,738,675
<br />N/A
<br />$
<br />20,738,675
<br />Money Market Fund
<br />6,989,590
<br />N/A
<br />$ 6,989,590
<br />U.S. Treasury Notes
<br />8,352,590
<br />N/A
<br />$ 8,352,590
<br />Local Agency Investment Fund
<br />43,531,878
<br />N/A
<br />$ 43,531,878
<br />Corporate bonds
<br />9,507,364
<br />A
<br />1,010,375
<br />Held by Bond Trustee:
<br />U.S. Treasury Money Market Funds
<br />7,563,160
<br />A
<br />7,563,160
<br />Total
<br />$ 96,683,257
<br />$ 8,352,590
<br />$ 43,531,878 $ 6,989,590 $
<br />29,312,210
<br />AA
<br />AA-
<br />A+ A
<br />A -
<br />Corporate bonds
<br />NOTE 3 — LOANS RECEIVABLE
<br />$ 1,631,213 $ 1,358,292 $ 2,766,150 $ 2,294,981 $ 446,353
<br />At June 30, 2014, the City had loans receivable in the following funds:
<br />Governmental Funds:
<br />General Fund
<br />Affordable Housing Asset Special Revenue Fund
<br />Non Major Funds:
<br />Community Development Block Grant (CDBG)
<br />HOME Fund
<br />Housing In -Lieu
<br />Total Governmental Funds
<br />Less allowance for uncollectible loans:
<br />Community Development Block Grant (CDBG)
<br />Affordable Housing Asset Fund
<br />Total Government -Wide Financials
<br />fi!
<br />$ 1,150,139
<br />8,678,013
<br />736,579
<br />3,235,000
<br />637,000
<br />14,436,731
<br />681,305
<br />589,940
<br />$ 13,165,486
<br />
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