HomeMy WebLinkAboutWK - March 26, 2019ANb6W
1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755-5100
FAX (763) 755-8923 • WWW.ANDOVERMN.GOV
City Council Workshop
Tuesday, March 26, 2019
Conference Rooms A & B
Call to Order — 6:00 p.m.
2. Discuss Sanitary Sewer Connection Allocation for NE Section of MUSA - Engineering
3. QCTV Strategic Planning Stakeholder Input Discussion—Administration
4. 2020 Budget Development Guidelines Discussion—Administration
5. Discuss Strategic Planning and Council Policy Development Process - Administration
6. 2019 Budget Progress Report —Administration
7. 2019 City Investments Review —Administration
Other Business
9. Adjournment
1685 CROSSTOWN BOULEVARD N.W.. ANDOVER, MINNESOTA 55304 • (763) 755-5100
FAX (763) 755-8923 . WWW.AN DOVE RMN.GOV
TO: Mayor and Council Members
CC: Jim Dickinson, City Administrator
FROM: David D. Berkowitz, Director of Pub, orks/City Engineer
SUBJECT: Discuss Sanitary Sewer Connection Allocation for NE Section of MUSA - Engineering
DATE: March 26, 2019
INTRODUCTION
The City Council is requested to discuss sanitary sewer connection allocation for the northeast section of
the City's Metropolitan Urban Service Area (MUSA) boundary.
DISCUSSION
This item was discussed at the January City Council Workshop. Since that meeting staff has met with Jeff
Piehl with Constance Free Church and through follow up phone calls and email correspondence Constance
Free Church provided the attached response regarding sanitary sewer allocation for their property.
Also attached is my email response regarding assurance from the City for future sanitary distribution to
accommodate the growth of their campus.
The Master Plan for Constance Free Church is not attached as stated in the email from Jeff Piehl as this is
not a formal application and is not public information at this point. A representative from Constance Free
Church could provide this at the meeting if they feel it would be necessary.
ACTION REQUIRED
The City Council is requested to discuss sanitary sewer connection allocation for the northeast section of
the City's Metropolitan Urban Service Area (MUSA) boundary and provide direction to staff on how to
proceed.
Respectfully submitted,
�� 2
David D. Berkowitz
Attachments: Email from Constance Free Church & Response Email
Cc: Jeff Piehl, Constance Free Church
Dave Berkowitz
From: Jeff Piehl <jpiehl@constancefree.org>
Sent: Wednesday, March 06, 2019 8:09 AM
To: Dave Berkowitz
Subject: Re: Sewer Connections
Attachments: IMG 2614.JPG
Dave,
I trust the day finds you well. Thanks for the phone reminder concerning Constance's future development
plans. After consulting members of the congregation with knowledge in the development field and the thirty-year plus
tenured senior pastor, the consensus is Constance does have development plans for the extant of its property, which
may necessitate the need for sewer connections. I have attached a rendition of such plans completed in December of
2017.
However, as Constance does appreciate the courtesy shown by the council and the city with which Constance
has always had a very good relationship and as it recognizes the current need for a redistribution of the sewer
connections, Constance would find such a redistribution more palatable if it received assurances from the city of future
favorable distributions to accommodate any growth of the Constance campus.
I am unsure of or even if there is a next step for Constance in this discussion, but do await any reply, news, or
assigned task as required.
Thank you for your consideration,
Jeff Piehl, MBA, M.Div.
CBA—Constance Free Church
16150 Crosstown Blvd NW
Andover, MN 55304
763-434-5995 ext. 28
CONSTANCE
FREE CHURCH
Helping people connect with Jesus
Dave Berkowitz
From:
Dave Berkowitz
Sent:
Wednesday, March 20, 2019 12:37 PM
To:
'Jeff Piehl'
Cc:
James Dickinson; Joe Janish
Subject:
RE: Sewer Connections
Jeff,
Much of your Master Plan is outside the current MUSA and was not accommodated for sanitary sewer connections. We
can accommodate the expansion of the church but cannot commit to anything outside the MUSA. Tuesday, March 26th
at 6:00 pm (Andover City Hall) the City Council will be discussing this again with staff. You may want to have someone at
the meeting.
Thank You
David D. Berkowitz, P.E.
City of Andover
Director of Public Works/City Engineer
763-767-5133
From: Jeff Piehl <jpiehl@constancefree.org>
Sent: Wednesday, March 06, 2019 8:09 AM
To: Dave Berkowitz <D.Berkowitz@andovermn.gov>
Subject: Re: Sewer Connections
Dave,
I trust the day finds you well. Thanks for the phone reminder concerning Constance's future development
plans. After consulting members of the congregation with knowledge in the development field and the thirty-year plus
tenured senior pastor, the consensus is Constance does have development plans for the extant of its property, which
may necessitate the need for sewer connections. I have attached a rendition of such plans completed in December of
2017.
However, as Constance does appreciate the courtesy shown by the council and the city with which Constance
has always had a very good relationship and as it recognizes the current need for a redistribution of the sewer
connections, Constance would find such a redistribution more palatable if it received assurances from the city of future
favorable distributions to accommodate any growth of the Constance campus.
I am unsure of or even if there is a next step for Constance in this discussion, but do await any reply, news, or
assigned task as required.
Thank you for your consideration,
Jeff Piehl, MBA, M.Div.
CBA—Constance Free Church
16150 Crosstown Blvd NW
Andover, MN 55304
763-434-5995 ext. 28
1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755-5100
FAX (763) 755-8923 • WWW.ANDOVERMN.GOV
TO:
FROM:
SUBJECT:
DATE:
Mayor and Councilmembers
Jim Dickinson, City Administrator
QCTV Strategic Planning Stakeholder Input Discussion
March 26, 2019
INTRODUCTION
QCTV is engaging in strategic planning in 2019. The QCTV board is reaching out to the member
cities to gather input from the respective councils, staff and community stakeholders. At the
workshop, the two City of Andover QCTV board members (City Administrator Jim Dickinson &
Council Member Jamie Barthel) will ask the Council various questions and gather the perspective
of the Council.
DISCUSSION
QCTV is engaging in strategic planning in 2019 and before the QCTV Board meets to discuss and
formulate a strategic plan a number of stakeholder interviews will be conducted by the QCTV
Board and Staff. The goals of the interview activity are:
• To incorporate broad perspective into the strategic planning process.
• For planning participants to hear directly from their stakeholders
• To remind stakeholders about QCTV and build trust in QCTV's planning process
ACTION REQUESTED
The Council is requested to participate in a question and answer session with the two City of
Andover QCTV board members (City Administrator Jim Dickinson & Council Member Jamie
Barthel).
y submitted,
C
Dickinson
1685 CROSSTOWN BOULEVARD N.W.. ANDOVER, MINNESOTA 55304 • (763) 755-5100
FAX (763) 755-8923 • WWW.ANDOVERMN.GOV -
TO: Mayor and Councilmembers
FROM: Jim Dickinson, City Administrator
SUBJECT: Discuss 2020 Budget Development Guidelines
DATE: March 26, 2019
INTRODUCTION
City Administration and Finance are starting to focus on the 2020 Annual Operating Budget
Development process and is looking to the City Council to establish the Council's guidelines for
the preparation of the 2020 Annual Operating Budget.
DISCUSSION
The following are some suggested 2020 Budget Development guidelines (similar to 2019) for
consideration and could be impacted by the Councils discussion:
1) A commitment to a City Tax Capacity Rate to meet the needs of the organization and
positioning the City for long-term competitiveness using sustainable revenue sources and
operational efficiencies.
2) A fiscal goal that works toward establishing the General Fund balance for working capital at
no less than 45% of planned 2020 General Fund expenditures and the preservation of
emergency fund balances (snow emergency, public safety, facility management & information
technology) through targeting revenue enhancements or expenditure limitations in the 2019
adopted General Fund budget.
3) A commitment to limit the 2020 debt levy to no more than 25% of the gross tax levy and a
commitment to a detailed city debt analysis to take advantage of alternative financing
consistent with the City's adopted Debt Policy.
4) A comprehensive review of the condition of capital equipment to ensure that the most cost-
effective replacement schedule is followed. Equipment will be replaced based on a cost benefit
analysis rather than a year -based replacement schedule.
5) The use of long-term financial models that identify anticipated trends in community growth
and financial resources that will help designate appropriate capital resources for future City
needs. The financial models will be used in the budget planning process to ensure that key
short-term fiscal targets are in line with long-term fiscal projections.
6) Continued commitment to strategic planning targeted toward meeting immediate and long-
term operational, staffing, infrastructure and facility needs.
7) A management philosophy that actively supports the funding and implementation of Council
policies and goals, and a commitment to being responsive to changing community conditions,
concerns, and demands, and to do so in a cost-effective manner.
ACTION REQUESTED
The Council is requested to review the proposed Budget Development guidelines, discuss whether
they are appropriate for developing the 2020 Annual Operating Budget. Administration would
like to have the guidelines adopted at the April 2nd City Council meeting
submitted,
im
(ANDOW
:,
1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755-5100
FAX (763) 755-8923 • WWW.ANDOVERMN.GOV
TO: Mayor and Council Members
FROM: Jim Dickinson, City Administrator
SUBJECT: Discuss Strategic Planning and Council Policy Development Process
DATE: March 26, 2019
INTRODUCTION
During the 2019 Budget Development process, the Council did anticipate that a strategic planning
session would be conducted in 2019. Direction provided at the January workshop was for
Administration to seek a facilitator to conduct a strategic planning session.
DISCUSSION
Attached is the current City of Andover City Council Community Vision and Organizational Goals
and Values document, the outcome of previous strategic planning sessions. This document was
last updated the Spring of 2017.
Administration is currently in the process of securing a facilitator for a 2019 strategic planning
session, but with the start of the 2020 Budget Development process, Administration wants to check
in with the Council to determine if there are strategic items missing from the attached document
that Administration should be integrating into the 2020 Budget Development process.
Also, with a more updated document that can be provided to a facilitator more focus during the
session(s) can be placed on the development of the team and the City Council policies to implement
the new strategic plan rather than on the development of a document.
ACTION REQUESTED
The City Council is requested to review with Administration the attached document and provide
direction on potential updates to the document.
City of Andover
COMMUNITY VISION & ORGANIZATION VALUES AND GOALS
The City of Andover's Community Slogan:
"Welcome Home"
The City of Andover's Vision Statement:
"Andover, a safe, growing community in which to live and work which enhances the
quality of its citizens' lives through recreational opportunity, quiet neighborhoods, civic
involvement, and fiscal and environmental stewardship."
City of Andover's Long Term Organizational Values and Goals:
1. EXCELLENCE AND QUALITY IN THE DELIVERY OF SERVICES
The City of Andover exists to provide quality services to the public in a professional
and cost-effective manner.
2. FISCAL RESPONSIBILITY
The City of Andover believes that fiscal responsibility and prudent stewardship of
public funds is essential if citizens are to have confidence in government.
3. ETHICS AND INTEGRITY
The City of Andover believes that ethics and integrity are the foundation blocks of
public trust and confidence and that all relationships are built on these values.
4. TREATING THE CITIZEN AS OUR CUSTOMER
The City of Andover believes that the citizen is our customer and, as such, should
be treated with courtesy, respect, and integrity.
5. OPEN AND HONEST COMMUNICATION
The City of Andover believes that open and honest communication with each other
and the public we serve is the key to having an effective organization and informed
citizens.
City of Andover's Highest Priority External Goals:
Goal #1 To ensure city services keep pace with the city's growing and
changing population.
Goal #2 To enhance communication with the public.
Goal #3 To support processes that involve citizen engagement.
Goal #4 To develop and update the city's capital improvement program.
Goal #5 To broaden and preserve the city's tax base.
Goal #6 To balance and prioritize provision of city services with available
resources.
Goal #7 To respect the environment.
City of Andover's Short -Term (one to five years) Organizational Goals -
(with work plan):
1. FISCAL GOALS - the City recognizes the following fiscal values as the basis for
delivering current and future services to the residents of Andover.
A. Assure city financial stability through cost effective services.
B. Focus spending on community needs; wants need to be supported by new
or redirected sustainable revenues.
C. Explore new revenue streams and capture new growth for community
needs.
D. City investments need to focus on long term sustainability.
E. While still providing excellent services to all Andover residents, look for and
identify opportunities to reduce tax burdens whenever possible.
F. Maintain property values and keep property taxes affordable through good
fiscal management.
G. Prioritize projects to best serve community priorities when resources are
inadequate to address/meet all community demands.
H. Plan ahead for large projects (master planning) to maintain consistent
revenues and expenses to avoid property tax spikes.
2. COMMERCIAL/RESIDENTIAL DEVELOPMENT/REDEVELOPMENT GOALS -
the City wants to be supportive of those invested in or wanting to invest in our
community.
A. Facilitate upgrades or redevelopment of blighted or underdeveloped parcels.
B. Work with business owners and property owners to assist them in being
successful in our community.
C. Continually analyze existing commercial areas to determine if expansion is
feasible and seek out new areas to better serve the community.
D. Continually evaluate how to meet sewer/water and street needs of any
proposed development and redevelopment projects.
E. Review City development processes to help reduce unnecessary steps,
time delays and development costs.
F. Review development requirements to minimize impacts from overly
burdensome requirements.
G. Be aware of negative environmental impacts to our community including to
proposed developments and attempt to mitigate where economically
feasible and practical.
H. Evaluate housing programs to determine useful programs that we could
adopt that have a positive impact on community market value and preserve
neighborhoods.
I. Evaluate whether we are adequately providing locations, through zoning,
for expanded commercial areas and "starter homes".
J. Begin discussion for the 2018 Comprehensive Plan update, soliciting input
from large property owners on land set aside land for future development.
K. Respond to regional and state initiatives that impact our City or residents
through our organizational memberships.
3. COLLABORATION GOALS - the City is supportive of collaboration efforts that are
cost-effective and improve efficiency in delivering services.
A. Cautiously review any new mandate to determine whether we need to act.
B. Foster positive relationships with: school districts, Anoka County, and
nearby cities.
C. Advocate for safe, efficient commuting routes for our residents and business
owners.
D. Support an effective and comprehensive transportation system.
E. Support upgrade of transportation routes to the Twin Cities Metro for our
commuters.
F. Work with waste/garbage haulers to determine if a more efficient garbage
collection process for the community can be achieved without restricting the
citizen's freedom to choose from all available companies.
G. Evaluate how volunteers can help our community become a safer, more
welcoming and attractive place to live.
H. Continue to work with the railroad company that manages the tracks
through Andover to reduce the interference trains have on traffic blockages
and public safety.
4. SERVICE DELIVERY GOALS - the City is committed to providing efficient and
cost-effective city services.
A. Evaluate parks maintenance to ensure the city is preserving park assets
and not committing to unsustainable service delivery.
B. Continue fostering positive relationships with athletic, youth, and other
service organizations to obtain their input and seek their contributions with
time and funds towards community improvements.
C. Alter packet format to improve viewing function on tablets and reduce
redundancy found in format.
D. Keep current with advances in technology where appropriate.
E. Analyze the "administrative fine" process to reduce use of courts, increase
local revenues, and improve code compliance.
F. Commit to providing the public with effective Public Safety through Fire and
Law Enforcement service.
G. Pursue local programming for the community youth.
H. Continually review our processes to reduce unnecessary or unwanted
service deliveries.
I. Encourage quality building standards.
J. Begin comprehensive evaluation of future Public Works needs on city
campus, hire architect, begin construction of new maintenance facility and
related projects along with parkway road to come from Nightingale Street
that equally benefits all citizens of Andover.
K. Begin space needs study for Community Center expansion and financial
pro forma, continue conversations with partners about their needs and
finances. Create public process for public input.
L. Continually evaluate whether we are following our Park Dedication Study
when spending park dedication funds.
M. Continue to maintain Kelsey Round Lake Park as a signature nature park.
N. Preserve current trails and complete trails where we have missing
connections or need to improve pedestrian safety.
O. Develop an effective Emergency Preparedness Plan to come to the aid of
those in Andover when effected by community disasters.
5. LIVABILITY/IMAGE GOALS - the City recognizes that providing quality basic &
desired services enhances the quality of life of our residents.
A. Continue to support preservation of natural resources (land, water and air
quality).
B. Pursue management plan for Open Space properties that minimizes staff
involvement and emphasizes users create their own experience and
support volunteer efforts to provide additional programming and activities.
C. Improve community aesthetics by enhancing corridor to city campus with
sustainable landscape plantings, seeking volunteer assistance.
D. Look at ways to improve and coordinate a cohesive, attractive appearance
along county corridors when the County upgrades roads.
E. Explore new methods of collecting public feedback.
F. Continually review newsletter content.
G. Plan and provide quality city services to residents and adapting to changing
demographics.
H. Look at ways information from resident survey can be incorporated into
goals, plans and policies.
I. Find ways to utilize volunteers and engaged residents.
J. Evaluate whether current policies and codes inhibit families from
improving and upgrading their homes and remove unnecessary barriers to
allow increased market value and updating of private property in ways that
enhance neighborhoods.
K. Support improvements to the website that provide residents with
information that is user-friendly so they can be informed about recreation
opportunities.
1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755-5100
FAX (763) 755-8923 . WWW.ANDOVERMN.GOV
TO: Mayor and Councilmembers
FROM: Jim Dickinson, City Administrator
SUBJECT: February 2019 General Fund Budget Progress Report
DATE: March 26, 2019
INTRODUCTION
The City of Andover 2018 General Fund Budget contains total revenues of $11,378,046 and total
expenditures of $11,740,993; a decrease in fund balance is planned.
Monthly reporting of the City Budget progress to the Governing body is a recommended financial
practice and often viewed positively by rating agencies.
DISCUSSION
Attached is the General Fund Revenue & Expenditure Budget Summary - Budget Year 2019,
reflecting year to date actual through February 2019. The attachments are provided to assist
discussion in reviewing 2019 progress; other documents may be distributed at the meeting.
The following represents Administration's directives and departmental expectations that were in
place for 2018 and will be in effect for 2019:
1. Expenditure budgets while approved, expenses are to meet with the spirit that needs are
fulfilled first, expansions of service and special requests are to be reviewed with City
Administration before proceeding.
2. Departments are to be committed to search for the best possible prices when purchasing goods
and services.
3. Departments are to be committed to continually searching out new efficiencies and to
challenge the status quo of how the City provides services.
4. Departments are to be committed to searching out collaborative opportunities to facilitate
efficient and cost-effective utilization of governmental assets and personnel.
5. Departments are to be committed to developing effective, consistent and ongoing
communications with City residents, businesses and other stakeholders.
6. Departments are to be cognizant that services provided are subject to available revenues and
should not commit to services that are not sustainable.
ACTION REQUESTED
The Council is requested to receive a presentation from staff.
submitted,
Jim
CITY OF ANDO VER
General Fund Budget Summary Totals
Budget Year 2019
PUBLIC WORKS
2018
2019
REVENUES
Budget
Feb YTD
% Bud
Final
Budget
Feb YTD
%Bud
General Property Tax
$ 8,721,256
$ -
0%
S 8,634,130
$ 9,023,970
$ -
0%
Licenses and Permits
377,900
39,935
11%
562,525
384,900
67,861
18%
Intergovernmental
766,274
202,513
26%
829,860
787,918
202,094
26%
Charges for Services
746,700
52,000
7%
834,076
708,700
104,656
15%
Fines
90,250
5,271
6%
73,719
75,250
5,081
7%
Investment Income
75,000
(27,033)
-36%
70,776
75,000
(36,426)
49%
Miscellaneous
129,300
14,605
11%
176,672
134,300
12,720
9%
Transfers In
178,558
178,558
1
178,558
188,008
188,008
100
Total Revenues
S 11,085,238
S 465,849
4 %
1 1,;',2;,:3,51,6 360,316
$ 11,378,046
$ 543 994
Cm5
2018
2019
EXPENDITURES
Budget
Feb YTD
% Bud
Final
Budget
Feb YTD
% Bud
GENERAL GOVERNMENT
Mayor and Council
$ 91,298
S 36,635
40%
S 87,813
S 107,751
S 39,451
37%
Administration
203,833
31,771
16%
198,945
215,952
33,829
16%
Newsletter
26,000
225
1%
17,770
26,800
4,393
16%
Human Resources
28,431
6,951
24%
13,666
28,771
7,281
25%
Attorney
191,360
15,641
8%
188,031
197,041
15,964
8%
City Clerk
155,608
25,775
17%
149,770
163,651
27,376
17%
Elections
59,781
1,957
3%
50,629
65,640
2,034
3%
Finance
278,660
57,752
21%
272,851
290,752
60,023
21%
Assessing
154,000
-
0%
149,040
154,000
-
0%
Information Services
180,597
28,345
16%
171,637
187,743
25,989
14%
Planning & Zoning
438,827
65,483
15%
422,984
456,887
68,840
15%
Engineering
553,765
87,553
16%
527,688
575,968
90,141
16%
Facility Management
678,519
60,715
497,641
695,944
88,727
Total General Gov
3,040,679
418 803
14 %
2,7;8,465
3 166,900
464 048
IS
PUBLIC SAFETY
Police Protection
3,053,526
763,382
25%
3053,526
3,183,610
795,903
25%
Fire Protection
1,423,914
181,580
13%
1,445,167
1,471,101
186,506
13%
Protective Inspection
462,164
66,324
14%
436,789
479,543
76,749
16%
Civil Defense
32,502
4,657
14%
18,060
29,184
6,332
22%
Animal Control
5.950
-
0.04�
2,809
5,950
430
7%/
PUBLIC WORKS
Streets and Highways
659,943
82,926
13%
656,194
696,225
73,284
11%
Snow and Ice Removal
562,706
201,420
36%
599,028
586,375
228,833
39%
Street Signs
219,418
27,658
13%
206,890
227,527
23,629
10%
Traffic Signals
37,000
1,822
5%
33,857
39,500
1,084
3%
Street Lighting
40,400
2,757
7%
32,829
40,400
2,715
7%
Street Lights - Billed
220,500
9,767
4%
142,937
180,500
9,701
5%
Park & Recreation
1,318,395
154.286
12%
1,282,415
1,352,017
161,044
12%
Natural Resource Preservation
15,074
261
0%
5,158
18,107
260
1 %
Recvcline
157.216
21,984
16%_
199,182
168,626
36,788
2212
OTHER
Miscellaneous 31,828 - 0% 233,440 56,828 1,500 3%
Youth Services 38,600 0% 8,500 38,600 8,500 22%
Total Other 70,428 0% 241,940 95,428 10,000 10%
1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755-5100
FAX (763) 755-8923 • WWW.ANDOVERMN.GOV
TO: Mayor and Councilmembers
FROM: Jim Dickinson, City Administrator
SUBJECT: February 2019 City Investment Reports
DATE: March 26, 2019
INTRODUCTION
Summary reporting of the City Investment portfolio to the Governing body is a recommended
financial practice and often viewed positively by rating agencies.
Furthermore, the City of Andover Investment Policy recommends the Finance Director presents
to the City Council at least quarterly the type of investments held by the City.
DISCUSSION
Attached is the Investment Maturities Summary for Febraury 2019, the Febraury 2019
Investment Detail Report, and the Febraury 2019 Money Market Funds Report. These
attachments are intended to provide a status report on the Febraury 2019 investments.
ACTION REQUESTED
Informational, for Council review. Staff will provide a brief presentation and answer questions.
nitted,
Investment Maturities - February 2019
Investment Maturities (in Years)
Credit
Fair
Less Than
More Than
Investment Type
Rating
Value
1
1 - 5
6-10
10
Money market funds
N/A
$ 1,377,553
$ 1,377,553
$
$
$
MN Municipal Money
Market Fund (4M)
N/A
10,892,542
10,892,542
-
-
-
Certificates of deposit
FDIC
12,678,610
8,499,279
4,179,331
-
-
Local governments
A/Al/A2
343,909
184,310
59,461
100,138
-
AA/AAI/AA2/AA3
5,637,710
1,545,772
2,512,594
1,478,771
_ 100,573
AAA
4,982,557
1,715,048
2,471,967
474,484
321,059
State governments
A/Al/A2
202,314
-
202,314
-
-
AA/AAI/AA2/AA3
928,877
84,884
843,994
-
-
AAA
464,115
-
464,115
-
-
U.S. agencies
AAA
11,962,654
5,431,338
6,375,542
155,774
-
U.S. agencies
- N/A
-
-
-
-
-
Total investments
$ 49,470,840
$ 29,730,724
$ 17,109,317
$ 2,209,167
$ 421,632
Deposits
823,952
Total cash and investments
$ 50,294,791
February 2019 Investment Detail
Description
Cusip
Number
Credit
Rating/F
DIC 0
Type
Purchase Price
Carrying Cost
Maturity
Amount
Interest
Rate
Current Market
Value
Interest Paid
Date
Acquired
Coupon
Date
Maturity/
Due Date
Beal Bank SSB
07370XDZ4
32574
CD
245,000.00
245,000.00
245,000.00
2.000%
244,928.95
245,039.20
maturity
maturity
04/11/18
none
04/10/19
Skowhegan Svgs Bk
83084FAR2
19532
CO
245,000.00
245,000.00
245,000.00
2.350%
12114/18
none
04/15/19
Bank Hapoalim, BM of NY
06251AT42
33686
CD
245,000.00
245,000.00
245,000.00
2.100%
244,946.10
maturity
04/20/18
none
04/18/19
Bank Baroda New York
06062RG42
33681
_
CD
245,000.00
245,000.00
245,000.00
2.050%
244,921.60
maturity
04/23/18
none
04123119
Berkshire Bk Pittsfield MA
084601NP4
23621
CD
245,000.00
245,000.00
245,000.00
1.950%
244,882.40
maturity
04/24/18
none
04/24/19
Customers Bank
23204HFAl
34444
CD
245,000.00
245,000.00
245,000.00
2.000%
244,843.20
semi-annual
02/21/18
08/21/18
05/21119
_
Banner Bank
06652XFP5
28489
CD
245,000.00
245,000.00
245,000.00
1.850%
244,779.50
semi-annual
02/23/18
08123118
05/23/19
First Foundation Bk
32026UFSO
58647
CD
245,000.00
245,000.00
245,000.00
2.000%
244,821.15
semi-annual
02/28/18
08128118
05/28/19
Ally Bank Midvale Utah
02006LF32
57803
CD
245,000.00
245,000.00
245,000.00
1.200%
244,054.30
semi-annual
06/30/16
12/30116
07/01/19
Barclays Bank
06740KHB6
57203
CD
247,000.00
247,000.00
247,000.00
2.050%
246,723.36
semi-annual
07/03/14
01/02115
07/02/19
Synchrony Bank
87164W6T4
27314
CD
247,000.00
247,000.00
247,000.00
245,000.00
2.050%
246,691.25
semi-annual
07/11/14
01/11115
07/11/19
JP Morgan Chase Bank NA
48125Y5L4
628
CD
245,000.00
245,000.00
1.100%
243,907.30
quarterly
07/15/16
10/15/16
07/15119
Fanners & Merchants Banc
3081ONBGO
1895
CD
245,000.00
245,000.00
245,000.00
2.300%
244,965.70
semi-annual
07117/18
01/17/19
07117/19
BankUnited A Savings
066519FX2
58979
CD
245,000.00
245,000.00
245,000.00
2.300%
244,938.75
maturity
07/18/18
none
07118/19
MountainOne Bank
62452ACG3
90253
CD
245,000.00
245,000.00
245,000.00
2.250%
244,892.20
maturity
07/18/18
none
07118/19
PdvateBank & Trust Co
74267GUQ8
33306
CD
247,000.00
247,000.00
247,000.00
2.000%
246,661.61
semi-annual
07/21/14
01/21/15
07/22/19
Goldman Sachs Bank USA
38147JU59
33124
CD
247,000.00
247,000.00
247,000.00
2.050%
246,617.15
semi-annual
07/23/14
01/23/15
07/23/19
Sallie Mae Bank
795450895
58177
CD
245,000.00
245,000.00
245,000.00
1.700%
244,294.40
semi-annual
08/09/17
02/09118
08/09/19
Town Bank
892094CK7
34717
CD
245,000.00
245,000.00
245,000.00
2.300%
244,919.15
maturity
08/30/18
none
08/09/19
First Federal Svgs Bk
Santander Bank NA
32021YCH4
29690
29950
_CD
CD
249,000.00
245,000.00
249,000.00
249,000.00
1.500%
248,599.11
monthly
01/21/16
02121/16
08/21/19
80280JRQ6
245,000.00
245,000.00
2.300%
244,889.75
maturity
09/05118
none
09/05119
Valley N/B
919853BB6
9396
CD
245,000.00
245,000.00
245,000.00
2.350%
244,953.45
maturity
09/06118
none
09/06/19
Victory Bank
92644LAB8
58615
CD
247,000.00
247,000.00
247,000.00
2.000%
246,473.89
semi-annual
09/24/14
03/24/15
09/24119
BMO Harris Bk Natl Assoc _
CommerceWest Bank N/A
05581 WA70
16571
CD
245,000.00
245,000.00
2.450%
245,110.25
semi-annual
08/31/18
09/01/18
10/01/19
20084TKXO
57176
CD
245,000.00
245,000.00
_245,000.00
245,000.00
2.300%
244,857.90
semi-annual
04/25/18
10/25/18
10/25/19
Umpqua Bk Roseburg Ore
90421MBZ5
17266
CD
245,000.00
245,000.00
245,000.00
2.350%
244,933.85
semi-annual
04/27/18
10/27/18
10/28/19
Third Federal Sav & Loan
88413QAW8
30012
CD
128,000.00
128,000.00
128,000.00
2.000%
127,705.60
semi-annual
11/24/14
05/24/15
11/25/19
1 Year CD - Premier Bank
1091003210
T1714
CD
245,000.00
245,000.00
245,000.00
2.500%
245,000.00
maturity
12/16/18
none
12/16/19
1 Year CD - Premier Bank Rochester
2055214401
33202
CD
245,000.00
245,000.00
245,000.00
2.500%
245,000.00
maturity
12/16/18
none
12/16/19
1 Year CD- Premier Bank MN
3041574901
33204
CD
245,000.00
245,000.00
245,000.00
2.500%
245,000.00
maturity
12/16/18
none
12/16/19
1 Year CD - Premier Bank
1091003211_
CD
275,000.00
275,000.00
275,000.00
2.500%
275,000.00
maturity
12/17/18
none
12/17/19
Celtic Bank
15118RJM0
57056
CD
247,000.00
247,000.00
247,000.00
2.050%
246,614.68
semi-annual
12120113
06/20/14
12/20/19
Steams Bank NA
857894PB9
10988
CD
247,000.00
247,000.00
247,000.00
1.000%
246,310.87
semi-annual
12/26/14
06/26/15
12/26/19
Compass Bk
20451PVJ2
19048
CD
245,000.00
245,000.00
245,000.00
2.650%
245,399.35
semi-annual
10/11/18
04/11/19
01/13/20
Kearny Bank
48714LAS8
28765
CD
245,000.00
245,000.00
245,000.00
2.750%
245,602.70
semi-annual
12/21/18
06/21/19
01121/20
Elbow Lake MN
284281 KC5
A
local
170,045.70
170,045.70
165,000.00
2.750%
164,231.10
semi-annual
12/08/14
none
12/01/19
Oneida County NY
6824543R2
Al
local
22,877.60
22,877.60
20,000.00
6.250%
20,079.20
semi-annual
08/16/10
none
04115/19
Ramsey MN
751813PB6
AA+
local
158,677.85
158,677.85
145,000.00
4.500%
145,178.35
semi-annual
02/16/12
04/01/16
04/01/19
Cedar Rapids IA
150528RM1
AA1
local
217,672.00
217,672.00
200,000.00
3.000%
200,182.00
semi-annual
06/11/13
12/01/13
06/01/19
Multnomah Cnty OR Sch Dist 1J
625517JM0
/W
local
250,000.00
250,000.00
250,000.00
1.450%
249,157.50
semi-annual
08/10/17
12/15/17
06/15/19
Minneapolis MN
60374YS81
AA1
local
278,632.50
278,632.50
250,000.00
3.500%
251,400.00
semi-annual
02/26/13
none
12/01/19
Sioux City IA
829458FC7
AA2
local
156,100.50
156,100.50
155,000.00
2.000%1
154,697.75
semi-annual
12/22/16
none
06/01/19
8,499,278.67 CD
Description
Cusip
Number
Credit
Rating/F
DIC #
Type
Purchase Price
Carrying Cost
Maturity
Amount
Interest
Rate
Current Market
Value
Interest Paid
Date
Acquired
Coupon
Date
Maturity/
Due Date
Waterloo IA
Western Lake Superior MN
941647PA1
958522WU4
AA2
local
50,559.50
100,000.00
50,559.50
50,000.00
100,000.00
2.000%
3.150%
49,919.00
semi-annual'
semi-annual
06/27/13
08/16111
12/01/13
06/01/19
10/01/19
AA2
local
100,000.00
100,253.00
04/01112
Portsmouth VA
73723RSL8
AA2
local
286,268.00
286,268.00
295,000.00
2.400%
294,144.50
semi-annual
07117/13
02/01114
02/01/20
Moorhead MN
Palm Beach Cnty FLA
Tenn Val Auth Cpn Strip Zero Cpn
6161412R7
_
AA3
kcal
108,820.00
108,820.00
100,000.00
3.800%
100,840.00
semi-annual
11/14/11
none
02/01/20
06101119
06115/19
696497TR7
88059EWZ3
AAA
local
87,444.75
87,444.75
75,000.00
300,000.00
5.898%
75,335.25
semi-annual
07/06/11
none
AAA
local
262,890.00
262,890.00
297,582.00
maturity
12/27/13
none
Norwalk Conn
661
AAA
local
122,464.80
122,464.80
120,000.00
4.050%
120,122.40
semi-annual
08/04110
08/01/11
08/01/19
Greensboro NC
395460V21
AAA
local
366,832.80
366,832.80
360,000.00
3.263%
361,184.40
semi-annual
07115111
none
10/01/19
Mounds View MN ISD #621
620637V70
AAA
local
246,875.00
246,875.00
250,000.00
1.900%
248,117.50
semi-annual
05116118
none
02/01/20
Rothsay MN ISD #850
778731AZ2
AAA
local
208,640.25
201,806.00
208,640.25
195,000.00
3.000%
197,574.00
semi-annual
07106116
none
02/01/20
Saint Paul MN Port Auth_
793028WS6
AAA
local
201,806.00
200,000.00
2.000%
198,388.00
semi-annual
12122/16
08/01/17
02/01/20
Woodbury MN
97913PCQ7
AAA
local
123,037.35
123,037.35
115,000.00
3.250%
115,198.95
semi-annual
12122/11
none
02/01/20
Dallas TX Indpl Sch Dist
235308QK2
AAA
local
116,900.00
116,900.00
100,000.00
4.450%
101,545.00
semi-annual
04/16/12
08/15/11
02/15/20
Colorado St Hsg & Fin Auth
196479A82
AA2
state
84,864.00
84,864.00
85,000.00
1.875%
84,883.55
semi-annual
01/26/18
none
05101119
Fed Farm Credit Bank
3133EC5NO
AAA
US
99,587.00
99,587.00
100,000.00
1.250%
99,991.00
semi-annual
01/07/13
03/04/13
03/04/19
Fed Farm Credit Bank
3133EDTU6
AAA
US
251,285.00
251,285.00
250,000.00
1.700%
249,985.00
semi-annual
07/07/17
03/04/15
03104/19
Fed Farm Credit Bank
3133EHLZ4
AM
US
199,654.80
199,654.80
200,000.00
1.270%
199,970.00
semi-annual
06/16117
09/06117
03/06/19
Fed Home Ln Bank
3133782M2
AAA
US
250,470.00
250,470.00
250,000.00
1.500%
249,970.00
semi-annual
07/07117
09/08/12
03/08/19
Fed Nall Mtg Assn
3136GIFYO
AAA
US
200,000.00
200,000.00
200,000.00
1.375%
199,926.00
semi-annual
06122/17
none
03/13/19
Fed Home Ln Mtg Corp
3137EADZ9
AAA
US
297,417.00
297,417.00
300,000.00
1.125°%
299,544.00
semi-annual
12/14117
10/15/16
04/15/19
Fed Nat Mtg Assn
3135GOK28
AAA
US
299,700.00
299,700.00
300,000.00
1.250%
299,430.00
semi-annual
07/19/17
10/26/16
04/26/19
Fed Home Ln Mtg Corp
3137EADK2
AAA
US
249,035.00
249,035.00
250,000.00
1.250%
246,682.50
semi-annual
07/07/17
02101/13
08101/19
Fed Home Ln Mtg Corp Med Tenn Note
3134G96U6
AAA
US
200,000.00
200,000.00
200,000.00
300,000.00
1.050°%
198,560.00
quarterly
08/23/16
11/23/16
08/23/19
Fed Home Ln Bank
313383VN8
AAA
US
301,065.00
301,065.00
2.000°%
299,112.00
semi-annual
12/07/17
none
09/13/19
Fed Farm Credit Bank
3133EGVJ1
AAA
US
297,300.00
297,300.00
300,000.00
1.160°%
297,789.00
semi-annual
12/08/17
none
09/26/19
Fed Home Ln Bank
3130A LLS1
AAA
US
248,227.50
248,227.50
250,000.00
1.550°%
248,465.00
semi-annual
01/04/18
04111/18
10/11/19
Fed Home Ln Bank
313OA8NRO
AAA
US
294,603.00
294,603.00
300,000.00
1.125°%
297,357.00
semi-annual
04/10/18
10111/16
10/11/19
RFCSP Strip Principal Zero Coupon
76116FAA5
AAA
US
185,568.00
185,568.00
200,000.00
196,782.00
maturity
07/22/15
none
10/15/19
Fed Nat Mtg Assn
3135GOJ95
AAA
US
98,570.00
98,570.00
100,000.00
1.350Yo
99,219.00
semi-annual
02/09/18
10128/16
10/28/19
Fed Farm Credit Bank
3133EGBKO
AAA
US
199,600.00
199,600.00
200,000.00
1.300°%
198,264.00
semi-annual
05/25/16
11/25/16
11/25/19
11/29119
Fed Home Ln Mtg Corp Zero Cpn
31340OBV4
AAA
US
950,527.00
950,527.00
1,000,000.00
980,490.00
maturity
11/02/15
none
Fed Farm Credit Bank
3133EGFR1
AAA
US
223,031.25
223,031.25
225,000.00
1.330°%
222,923.25
semi-annual
11/03/17
none
12/16/19
Fed Home Ln Bank
313381ND3
AAA
US
147,300.00
147,300.00
150,000.00
1.450%
148,617.00
semi-annual
03/23/18
none
01/09/20
_
Fed Home Ln Mtg Corp
3137FAEE5
AAA
US
297,912.00
297,912.00
300,000.00
1.500°%
297,273.00
semi-annual
12/07117
07/17/17
01/17/20
_
Fed Home Ln Bank
313OA3XL3
-
AAA
US
99,500.00
99,500.00
100,000.00
1.500°%
98,988.00
semi-annual
07/22/15
08110/15
02/10/20
245,000.00
-
17,460,629.87
Jefferson Sk&Tr Cc
472376AD4
1071
CD
245,000.00
245,000.00
2.450%
244,762.35
semi-annual
04/11/18
10/11/18
04/10/20
CitiBank NA
17312QJ34
7213
CD
245,000.00
245,000.00
245,000.00
2.550%
245,026.95
semi-annual
04/11/18
10/11/18
04/13/20
Discover Bk Greenwood Del
254673NR3
5649
CD
245,000.00
245,000.00
245,000.00
2.500°%
244,892.20
semi-annual
04/11/18
10/11/18
04/13/20
Iberia Bank
45083AJL7
28100
CD
245,000.00
245,000.00
245,000.00
2.600%
245,166.60
semi-annual
07/12/18
01/11/19
04/13/20
Bank of America, NA
06051VD37
3510
CD
245,000.00
245,000.00
245,000.00
2.850%
245,862.40
semi-annual
12/12/18
06/12/19
06/12/20
Citizens Alliance Bank
17318LAP9
1402
CD
249,000.00
249,000.00
249,000.00
2.000%
247,941.75
monthly
06/27/14
07/27/14
06/26/20
3,445,129.90 local
84,883.55 state
5,431,337.75 US
Less Than 1 Year
Description
Cusip
Number
Credit
Rating/F
DIC #
Type
Purchase Price
Carrying Cost
Maturity
Amount
Interest
Rate
Current Market
value
Interest Paid
Date
Acquired
Coupon
Date
Maturity/
Due Date
Morgan Stanley Bank NA
Morgan Stanley Private Bank
61747M3Q2
61760AMT3
32992
34221
22826
57293
CD
CD
245,000.00
245,000.00
245,000.00
245,000.00
245,000.00
2.750%
245,541.45
245,543.90
semi-annual
semi-annual
semi-annual
07/12/18
07/12/18
07/17/18
01/12/19
07/13/20
245,000.00
2.750%
07/14/18
07113/20
MUFG Union Bank NA
624786CY3
CD
245,000.00
249,000.00
245,000.00
249,000.00
245,000.00
2.600%
2.100%
245,041.65
01/17/19
07/17/20
Enerbank USA
29266NA31
_CD
CD
249,000.00
247,344.15
monthly
07/18/14
08/18/14
07/20/20
NBT Bank Norwich
628779FT2
7230
245,000.00
245,000.00
245,000.00
2.700%
245,369.95
semi-annual
07/18/18
01/18/19
07/20/20
First Republic Bank
33616CBL3
59017
CD
245,000.00
245,000.00
245,000.00
2.800%
245,693.35
semi-annual
08/31/18
09/01/18
08/28/20
_
Merchants State Bank
Wex Bk
589227AF4
1125
CD
245,000.00
245,000.00
245,000.00
2.650%
245,333.20
semi-annual
08/31/18
02128119
08/28/20
92937CHY7
34697
CD
245,000.00
245,000.00
245,000.00
3.000%
246,423.45
semi-annual
10110118
04/10/19
10/13120
Cit Bank Natl Assn
12556LAT3
58978
CD
245,000.00
245,000.00
245,000.00
3.000%
246,435.70
semi-annual
12/17118
06117/19
12/17120
_
First Source Bank
33646CKP8
9087
CD
245,000.00
245,000.00
245,000.00
3.150%
247,182.95
semi-annual
12117118
06/17/19
11/17/21
Raymond James Bk
75472RAA9
33893
CD
245,000.00
245,000.00
245,000.00
2.950%
245,769.30
semi-annual
01/25/19
07/25/19
01/25122
Kaufman TX
486206KR5
A3
local
61,821.00
61,821.00
60,000.00
3.000%
59,460.60
semi-annual
06/28/16
02/15/17
02/15/23
Chaska MN _
Steams Cc MN
1616636S3
AA
local
83,725.60
83,725.60
80,000.00
4.000%
80,900.80
semi-annual
09/08114
none
02/01124
06/01/20
857896MH4
AA+
local
276,875.00
276,875.00
250,000.00
4.500%
250,355.00
semi-annual
04/17/13
none
Hampton VA
4095582,11
AA1
local
100,836.00
100,836.00
100,000.00
2.209%
99,382.00
semi-annual
01/20/16
none
04/01/20
_
Middleton WI
596782RX2
_
AAI
local
106,979.00
106,979.00
100,000.00
3.750%
100,093.00
semi-annual
02/24/15
none
09/01/20
Bristol VA
110331NT8
AAI
local
251,562.50
251,562.50
250,000.00
3.002%
251,300.00
semi-annual
07/05/18
none
10101120
Des Moines IA Area Cmnty Col
250097H21
AA1
local
50,606.00
50,606.00
50,000.00
2.450%
49,491.50
semi-annual
11!10!14
12/01/14
06/01121
Minneapolis MN
60374YG68
AA1
local
110,419.00
110,419.00
100,000.00
4.700%
100,169.00
semi-annual
10/31111
none
03/01/23
Ashwaubenon WI Sch Dist
045153FQ1
AA2
local
197,460.00
197,460.00
200,000.00
1.890%
199,856.00
semi-annual
12/18/18
04/01/19
04/01/20
Brunswick Cnty
117061VHI
AA2
local
108,967.10
108,967.10
110,000.00
1.740%
108,203.70
semi-annual
08/21/15
none
05/01/20
Fon Du Lac Cnty WI
344442KK3
AA2
local
259,715.00
259,715.00
250,000.00
3.250%
250,822.50
semi-annual
03/10/17
none
03/01/21
Adams & Arapahoe Cntys CO
Alexandria MN ISO #206
005482W83
AA2
local
117,817.50
117,817.50
279,760.50
115,000.00
270,000.00
3.930%
116,833.10
semi-annual
07/12/18
none
12/01/21
015131LQ6
AA2
local
279,760.50
3.000%
270,553.50
semi-annual
01/21/15
none
02/01/23
Bangor ME
0600954R4
AA2
local
235,428.00
235,428.00
240,000.00
2.850%
239,121.60
semi-annual
11/21/18
none
11/01/23
Whitewater Wis
966204KA6
AA3
local
109,541.00
109,541.00
100,000.00
4.850%
103,495.00
semi-annual
06/09/11
none
12/01/20
Georgetown MA
372838KG6
AA3
local
98,922.00
98,922.00
100,000.00
2.500%
98,488.00
semi-annual
02/20/19
12/15/20
12/15/21
West Bend WI
951428BNO
AA3
local
97,805.00
97,805.00
100,000.00
1.900%
97,356.00
semi-annual
01/11/18
none
04/01/22
W Palm Beach FL
955116BE7
AA3
local
101,245.00
101,245.00
100,000.00
2.264%
96,173.00
semi-annual
07/05/16
10/01/16
10/01/22
03/01/20
05/01/20
Saint Paul MN Port Auth _ _
Tenn Valley Auth Zero Cpn
793067CC1
AAA
local
79,756.80
79,756.80
80,000.00
2.000%
79,228.00
semi-annual
01/10/17
09101117
88059EHD9
AAA
local
263,970.00
263,970.00
300,000.00
290,301.00
maturity
03/11/13
none
Salt Lake County UT
795676QL2
AAA
local
368,212.50
368,212.50
375,000.00
1.800%
370,702.50
semi-annual
05/18/18
06/15/13
06/15/20
Tenn Val Auth Cpn Strip Zero Cpn
88059EMX9
AAA
local
88,133.00
88,133.00
100,000.00
96,158.00
maturity
03/18/13
none
07/15/20
McAllen TX Dev Corp
579086AW9
45528UGF2
620637V88
AAA
AAA
AAA
local
175,000.00
175,000.00
175,000.00
1.400%
171,587.50
semi-annual
07/26/16
02/15/17
08/15/20
Indianapolis Ind
local
251,507.50
251,507.50
250,000.00
2.219%
247,895.00
semi-annual
07/11/17
07/15/13
01115/21
Mounds View MN ISO #621
local
local
378,408.80
254,532.50
378,408.80
385,000.00
2.050%
379,929.55
semi-annual
12/20/18
none
02/01/21
Rochester MN
771588RH5
AAA
254,532.50
250,000.00
3.750%
253,447.50
semi-annual
12/19/18
none
02101/21
Greenway MN ISO #31
3967BLDF6
AAA
local
27,593.50
27,593.50
25,000.00
5.000%
25,032.75
semi-annual
07/09/13
none
03/15/21
Baltimore Cnty MD
05914FME7
64988RHGO
AAA
local
51,290.00
51,290.00
50,000.00
2.097%
48,976.00
semi-annual
08/31/16
none
08/01/21
_
New York St Mtge Agy
AAA
local
100,000.00
100,000.00
100,000.00
2.375%
98,760.00
semi-annual
10127/15
04/01/16
10/01/21
Columbus OH
Outagamie Cnty WI
199492CS6
AAA
local
39,956.40
39,956.40
40,000.00
2.133%1
39,194.40
semi-annual
02/20/15
none
12/01/21
689900898
AAA
local
170,000.00
170,000.00
170,000.00
2.350%1
167,798.50
semi-annual
11107/17
05/01/18
11/01/22
_
Savage Minn
80465PAN4
AAA
local
198,018.00
198,018.00
200,000.00
4.800%1
202,956.00
semi-annual
06/17/10
02/01/11
02/01/24
4,179,331.30 CD
5,044,021.00 local
Description
Cusip
Number
Credit
RatinglF
DIC #
Type
Purchase Price
Carrying Cost
Maturity
Amount
Interest
Rate
Current Market
Value
Interest Paid
Date
Acquired
Coupon
Date
MaturiTyl
Due Date
Connecticut State
Massachusetts State
20772JQN5
Al
AA1
state
state
214,954.00
199,744.00
214,954.00
200,000.00
200,000.00
3.517%
202,314.00
198,580.00
semi-annual
semi-annual
05/27/16
12/17/14
02/15/14
08/15/21
57582P2T6
199,744.00
2.090%
11101/14
05/01/20
Vermont State Hsg Fin Agy
92419RAE2
AA2
state
74,130.75
74,130.75
75,000.00
2.550%
74,418.00
semi-annual
08/28/18
05/01/18
11/01/21
Florida St Hurricane
34074GDH4
AA3
state
279,439.80
279,439.80
270,000.00
2.995%
2.000%
269,994.60
98,757.00
semi-annual
11110/15
07/01/13
07/01/20
Minnesota St Colleges & Univ
60414FPJ3
_ AA3
AA3
state
100,000.00
100,000.00
100,000.00
semi-annual
02/26/15
10/01/15
10/01/20
Florida St Dept Environmental
34160WUAO
state
217,800.00
217,800.00
200,000.00
6.206%
202,244.00
semi-annual
08/30/10
07/01/10
07/01/22
Tennessee State
880541003
928109XD4
AAA_
AAA
state
48,218.85
48,218.85
45,000.00
3.178%
45,378.90
semi-annual
08/30/16
02/01/12
08/01/20
Virginia State
state
22,126.00
22,126.00
20,000.00
4.100%
20,060.00
semi-annual
02/07/12
none
06/01/21
Kentucky St Hsg Corp
49130TSH0
AAA
state
203,458.00
203,458.00
200,000.00
2.780%
199,292.00
semi-annual
03/29/17
none
07/01/21
_
Georgia State
3733842QB
AAA
state
204,444.00
204,444.00
200,000.00
2.780%
199,384.00
semi-annual
12/13116
none
02/01/23
Fed Home Ln Mtg Corp Med Tenn Note
3134G9ML8
AAA
US
294,390.00
294,390.00
300,000.00
1.300%
296,076.00
semi-annual
12/10/18
none
03/16/20
Fed Home Ln Bank
3130AECJ7
AAA
US
300,114.00
300,114.00
300,000.00
2.625%
300246.00
semi-annual
07/12/18
11/28/18
05/28/20
Fed Farm Credit Bank
3133EHYM9
AAA
US
294,735.00
294,735.00
300,000.00
1.500%
295,185.00
semi-annual
01/17/19
03/14/18
09/14/20
Fed Home Ln Mtg Corp Med Term Note
3134GBS78
AAA
US
200,000.00
200,000.00
200,000.00
1.500%
197,948.00
semi-annual
10/27/17
04/27/18
10/27/20
Fed Farm Credit Bank
3133EJMX4
AAA
US
299,475.00
299,475.00
300,000.00
2.680%
300,000.00
semi-annual
07/12/18
11/02118
11/02120
Fed Home Ln Mtg Corp
3137EAEK1
AAA
US
299,193.00
299,193.00
300,000.00
1.875%
296,520.00
semi-annual
12/07/17
05117118
11/17120
Fed Farm Credit Bank
3133EJPW3
AAA
US
299,769.00
299,769.00
300,000.00
2.700%
300,633.00
semi-annual
05/21/18
06121118
12/21120
Fed Nab Mtg Assn
3136G4JM6
AAA
US
200,000.00
200,000.00
200,000.00
1.850%
197,452.00
semi-annual
12/28/16
06/28117
12128/20
Fed Home Ln Bank
3130ADG48
AAA
US
296,718.75
296,718.75
300,000.00
2.250%
297,798.00
semi-annual
07/10118
07129118
01/29/21
Fed Home Ln Bank
3130ADME9
AAA
US
297,516.00
297,516.00
300,000.00
2.375%
299,010.00
semi-annual
07112118
08108/18
02/08/21
Fed Home Ln Mtg Corp Med Term Note
3134138KU2
AAA
US
246,407.50
246,407.50
250,000.00
1.250%
247,840.00
semi-annual
12/04/18
02/26119
02126/21
Fed Farm Credit Bank
3133EHCN1
AAA
US
295,215.00
295,215.00
300,000.00
2.140%
297,399.00
semi-annual
07/10/18
09/16/17
03/16/21
Fed Farm Credit Bank
3133EFX36
AAA
US
117,277.20
117,277.20
120,000.00
1.680%
117,837.60
semi-annual
01/17/19
10/05/16
04105/21
Fed Home Ln Mtg Corp Mad Term Note
3134GBP89
US
292,425.00
292,425.00
300,000.00
1.850%
295,581.00
semi-annual
08/07/18
04/26118
04/26/21
Fed Farm Credit Bank
3133EGAH8
_AAA
AAA
US
288,960.00
288,960.00
300,000.00
1.550%
293,469.00
semi-annual
10/10/18
11/17/16
05/17/21
Fed Home Ln Bank
313OA7Z73
AAA
US
153,217.50
153,217.50
155,000.00
1.250%
153,171.00
semi-annual
12/18/18
11/25/16
05/25/21
Fed Home Ln Bank
313OA82B8
AAA
US
294,030.00
294,030.00
300,000.00
1.000%
298,455.00
semi-annual
07/17/18
none
05/25/21
_
Fed Nall Mtg Assn
3135GOU35
AAA
US
300,249.00
300,249.00
300,000.00
2.750%
301,359.00
semi-annual
07/12/18
12122/18
06/22/21
Fed Farre Credit Bank
3133EJUN7
AAA
US
300,000.00
300,000.00
300,000.00
2.860%
300,003.00
semi-annual
07/16/18
01/16/19
07/16/21
Fed Home Ln Bank
3130A8SR5
AAA
US
244,531.25
244,531.25
250,000.00
1.000%
247,070.00
semi-annual
07/10/18
none
07/27/21
Fed Home Ln Bank
313OA8MNO
AAA
US
194,414.00
194,414.00
200,000.00
1.625%
195,310.00
semi-annual
01125/19
none
10107/21
Fed Farm Credit Bank
3133EJPD5
AAA
US
299,700.00
299,700.00
300,000.00
2.870%
300,006.00
semi-annual
07/12/18
11/15/18
11/15121
Fed Home Ln Mtg Corp Mad Tenn Note
3134GAWP5
AAA
US
245,875.00
245,875.00
250,000.00
1.900%
247,122.50
semi-annual
12104/18
02/23/16
11/23/21
Fed Home Ln Mtg Corp Med Term Note
3134GSPB5
AAA
US
300,000.00
300,000.00
300,000.00
2.500%
300,051.00
semi-annual
07/02118
12/28118
06/28/22
17,109,316.90
Itasca County Minn
465452GP9
A
local
105,024.00
105,024.00
100,000.00
5.550%
100,138.00
semi-annual
07/12/11
none
02/01/28
Mitchell SD Sch Dist #17-2
606687EHO
AA
local
116,702.00
116,702.00
100,000.00
6.000%
100,940.00
semi-annual
12/20/11
06/15/19
06/15/24
Minneapolis MN
60374YG76
W
local
72,201.35
72,201.35
65,000.00
4.800%
65,000.00
semi-annual
12/09/14
none
03/01/24
Ann Arbor Ml
035438CF5
AA1
local
_
262,025.00
262,025.00
250,000.00
5.750%
251,150.00
semi-annual
12/27/17
05/01/19
05/01/27
Milwaukee Cnly WI
602245XHO
AA2
local
254,142.50
254,142.50
250,000.00
5.100%
252,975.00
semi-annual
12/24/18
10/01/19
10/01/24
Duluth MN
264438ZL9
AA2
local
29,767.20
29,767.20
30,000.00
2.625%
29,063.40
semi-annual
12/05/12
08/01/13
02101/25
South Milwaukee WI
838855ZV9
AA2
local
327,798.25
327,798.25
325,000.00
3.350%
327,554.50
semi-annual
01/25119
04/01/19
10101126
1,510,422.50 state
6,375,542.10 US
1- 5 Years
Description
Cusip
Number
Credit
Rating/F
DIC #
Type
Purchase Price
Carrying Cost
Maturity
Amount
Interest
Rate
Current Market
Value
Date
Acquired
Coupon
Date
Maturityl
Due Date
Will County IL Cmnty Zero Coupon
Hawkins Cnty TN
Lake City Minn ISD #813
Tennessee Valley Auth Ser E
Ice Deposit- National Sports Center
Fed Home Ln Bank
Fed Farm Credit Bank
Van Buren Mich Public Schools
Anoka -Hennepin MN ISD #11
969078UM9
420218PL7
508084DW7
880591 CJ9
none
3130ABW33
31331VLC8
920729HD5
0363032135
AA2
AA3
AAA
AAA
AAA
AAA
AA1
AAA
local
local
local
local
local
US
US
local
local
159.000.00
111,480.00
103,933.00
121,500.00
250,000.00
39,000.00
106,030.45
--
102,750.00
159,000.00
111,480.00
103,933.00
121,500.00
250,000.00
39,000.00
106,030.45
102,750.00
323,613.50
500,000.00
100,000.00
100,000.00
100,000.00
250,000.00
40,000.00
100,000.00
100,000.00
350,000.00
4.800%
5.000%
6.750%
2.100%
5.250%
6.430%
2.550%
351,790.00
100,298.00
maturity
semi-annual
08/25/09
03/13/12
none
none
11/01/27
05/01/24
101,543.00
semi-annual
05/11/11
none
02101/25
122,941.00
250,000.00
37,919.20
117,855.00
-- 2,209,167.10
semi-annual
maturity
semi-annual
03/19/09
02/06/08
07/27/17
none
none
08/22/17
11/01/25
01/01/26
08/22/25
semi-annual
semi-annual
02/26/10
none
-04/21/28
— -
100,573.00
07/17/09
11/01109
05101/29
323,613.50
321,058.50
421,631.50
semi-annual
01/25/19
none
02/01/30
37,200,745.37
2,053,392.90 local
155,774.20 US
6 -10 Years
421,631.50 local
10+ Years
INVESTMENT SCHEDULE - Money Market Funds
February 28, 2019
Description'
Current Market
Value
YTD Interest
WeIIs Far o
1 Wells Fargo Government Money Market Fund
$1,377,552.59
$12,655.51
4M
1 14M
1,023,452.541
3,597.52
4M PLUS
I 14M Plus
8,521.461
30.66
4M PLUS - CIP Bonds
t 14M Plus - CIP Bonds
9,860,567.941
30,787.29
Grand Total Money Market Funds I $12,270,094.53 I $47,070.98
Updated: 3/8/2019