HomeMy WebLinkAbout2009 02 09 Awards and Presentations 301 Provided by Steven Alexander (2)Date: February 9, 2009
The attached document was referenced by Mr.
Steven Alexander during Awards and
Presentations "301" by at the February 9, 2009
City Commission Regular Meeting.
~~~
The PFM Group
'i=1Vi Asset C'vlanagernent LLC
PFM Advisors
Presentation to the
Of
Preliminary Cash Flow Analysis
As of Fiscal Year Ended September 30, 2008
prepared on Feb>tiia>-t- 9, ?009
PFM Asset Management LLC
300 South Orange Avenue
Suite 1170
Orlando, Florida 32801
Phone: (407) 648-2208
Fax: (407) 648-1323
~~~ ;>
The PFM Group
-'i='IVI Asset IVlanagement LLC
PFM Advisors
~Lichelle Greco
Fi~~uice Director
City- of ~ti'iiter Springs
1L6 East SR ~3~
«'iiter Springs, FL ;?708
RE: Cash Flow Analysis
Dear GIs. Greco:
407 648-2208
407-648-1323 fax
vvvvw.pfm.com
February 9, ?009
I ha~re enclosed the Prelitninanr Cash h~low u~ahrsis for the City of T~%iater Springs, for dour review.
The p>upose of the ~ua:~lvsis is to identify :u~ allocation between fiords req>ured for short-terns cash needs and
fw~ds that could be iiwested longer-term to potenti~~lhr generate higher rates of return.
The import~u~t element of the cash flow ~u~alvsis is the determination of the "core" cash bal~uice,
which sei-~-es ~>s one of the building blocks of the City's inz-estment progr~un. The "core" b~~l~u~ce represents
the miaimtun bal~ulce of fluids the Cit<T has maiituned during the defined historic~~l period. Fund~unent~~11~-,
the Cash h'low ~u~alvsis attempts to c~lc>ilate ~u~ approsinate ~uno>mt of "core" fw~ds, which may be iwested
more strategicalhr th~ui fluids that are needed on a short-term basis, such ~ operational fluids. This balance
often represents fw~ds that could be iwested more aggressi~=ehr to potenti~~lh enh~u~ce the Citds rate of
return. It is important to note the Cash h~low ~u1~~lvsis is based on historic~~l data and therefore is onh_
estimated.
This u~alvsis is based on monthly cash bal~u~ces by fiu~d ~~ provided by the Citds fu~~u~ce staff. The
hinds sue considered appropriate for possible longer-term u~~-estment strategies. The Cash h~lo~c ~u~al~sis
indicates that the estimated core bal~uice for ill fiu~ds is X33,730,796, which may be invested iii securities that
have longer maturities, possibly e~uning a higher retuiY~.
The cash flow model assumes a 30 percent cushion on the portfolio leaving a core portfolio (the blue
shaded area of the c~lsh flows) carried over the ~-ears. This cushion results ii the model c~~lculating a 30
percent decrease in the core v~~lue, to provide a more consei-~Tative estivate of the core b~~l~u~ce.
The Short-Term ~u~d Core Portfolios are c~~lc>.ilated ~ follows:
Short-Term Portfolio
If a positive net cash flow is ~ulticipated, the short-term portfolio equ:~ls the cushion percentage.
1) If a positive net cash flog is :uiticipated, the short-term portfolio equals the cushion percentage.
Lincoln Plaza
Suite 1170
300 S. Orange Avenue
Orlando, FL
32801-3470
3) If a negative net cash flow is anticipated, the short-teiYn portfolio equals the projected
negative net cash flow plus the cushion percentage.
~lichelle Greco
~ mallCP li2CtOL
~ F2liIllfll~' ~, ~~~~
~~~~ ~
Core Portfolio
The core is computed u~ two steps, as follows:
Step L Subtract the short-term portl=olio allocation from the total portfolio balance. This is the "monthh=
core."
Step ?: Compute the minimum monthh= core for the nett 1? monfl~s. This is the actu~~l core. The core is
always a rolling 1?-month a~-erage of the•mu~iintun monthh core.
The Historical aid Projected ~i~~l~sis of flee Core Portfolio belo~c presents the historic~~l cash flow
balances and adds itivo gears of projected cash flows for each particular i uad on to flee c~~sh flow analysis.
The Gish h~low ~uiahrsis model pro~-ides fl~ree options for c~~lculating hitZUe gro~~th; gro~cth b~~sed on
all historical dat~i, growfl~ based on historical data for a specific period of tune, aid a self-unposed growth
rate. The attached Cash h~low ui~~l~-sis asswnes a zero growfla rate. For forecasting purposes we cup include
ua appropriate growfl~ rate for incorporation itlto the Cash h~low anahrsis.
Please gi~re me a cell wifl~ an~r questions ~u~d I look 1oi-ward to meetuag ~~ith you to discuss flee
~u~ahrsis iia hirfl~er detail.
Sincerely,
PFM Asset Management LLC
~.~.•~
Ste~ren ~Iez~uider, CTP, CGFO
hu~aging Director
C: llel Hamilton, Senioi llanagiiig Consultant
PF~I asset Management LLC
Cite- of ~ti'inter Springs, Florid~l
T ABLE OF CONTENTS
Gash h'lo~~ ~~~~h=sis Page
Tot<~l - _~11 Funds ..................................................................................................................................... .............1
GENER_~L FUND - 001 ...................................................................................................................... .............
POLICE EDliC ~TION FUND - 103 ............................................................................................... ............. ~
SPECI_~L L ~ti~' ENFORCE~IF',NT FUND - 103 ........................................................................... .............7
TR_~NSPORT_~TION I~IPRO~-E~IENT - 10~ .............................................................................. .............9
P3RhS DON_~TION FUND - 10~ ................................................................................................... ...........11
SOLID ~'3STE & RECD CLING - 107 ............................................................................................ ...........13
SPEC L_~~~' ENFORCEMENT-FEDERAL - 108 .......................................................................... ...........1
E~ IERGENC~ & DIS ASTER RELIEF S~~ - 109 ........................................................................... ...........17
_~RBOR FUND - 110 ............................................................................................................................. ...........19
HO ~ PROJECTS-LIGHTS AND SIGNS - 11? .............................................................................. ...........31
STORM RESER~~ SPECI_~L RE~~ENUE - 11-1 ........................................................................... ...........3~
RO_~D I~IPRO~"E~IENTS - 11~ ........................................................................................................ ...........2
`~ETER~NS ~IE~IORI_~L - 116 ......................................................................................................... ..........?7
TR~NSPORT_~TION III' ACT FUND - 1-10 ................................................................................. ...........39
PUBLIC BUILDING I~IP_~CT FEE FND - 1-1~ ............................................................................ ........... ~1
POLICE I~IP 3CT FEE FUND - 1~0 ................................................................................................ ...........33
P_~RhS I~ IP_~CT FEE FUND - 1» .................................................................................................. ........... i
FIRE I~II'_~CT FEE FUND - 160 ...................................................................................................... ...........37
~IEDIC~~L TR_3NSPORT SER~ZCES - 170 .................................................................................... ...........39
PUBLIC & CO~L~I SERVICE T_~~ FUND - 173 .......................................................................... ...........41
ELECTRIC FR3NCHISE FEE FUND - 17-1 .................................................................................. ............1
FIRE _~SSESS~IENT FUND - 17~ ..................................................................................................... ...........~:i
TLBD DEBT SER~ZCE FUND - 183 ............................................................................................... ............17
TLBD ~L3INTEN3NCE FUND - 18-1 ............................................................................................. ............19
TLBD PH II - ~L~INT - 18~ ................................................................................................................ ........... it
O_~h FOREST ~L~INTEN_~NCE - 191 .......................................................................................... ...........~
O ~h FOREST DEBT SERVICE - 193 ............................................................................................ ...........~~
3003 DEBT SERA-'ICE FUND - 306 .................................................................................................. ...........~7
TLBD DEBT SER~ZCE PH_~SE 3 - 313 .......................................................................................... ........... ~9
1999 DEBT SER~ZCE FUND - 31 ~ .................................................................................................. ........... Ci 1
C~ti% G(_) DEBT SER~TICE FUND - 33:i ........................................................................................... ........... Ci
?00-1 LOC DEBT SERVICE FUND - 330 ........................................................................................ ...........6~
1999 CONSTRUCTION FUND - 30~ .............................................................................................. ...........67
RED"OL~'ING REH_~BILIT_~TION FUND - ~06 ......................................................................... ...........69
TLBD I~IPROti"E~LENT FUND - 08 ............................................................................................. ...........71
O_~h FOREST C_~PIT_~L FUND - ~09 ............................................................................................ ...........7
Pit'/UTILITY F_~CILIT~ C_~P PROJ - 11 .................................................................................... ...........7i
PUB F_~CILIT~ ESP C_~P PR(_)J - ~13 ............................................................................................ ...........77
TLBD PH3 I~IPRO~" FUND - 31 ~ .................................................................................................... ...........79
H~IGP PROJECT FUND - ~1~ .......................................................................................................... ...........81
TROTti~'OOD I~ IPROti"E~ LENT FUND - ~ 1 ~ .............................................................................. ........... 8
SENIOR CENTER EZP_~NSION - ~16 .......................................................................................... ...........8~
«'_3TER _~ND SE«~R FUND - 401 ................................................................................................ ...........87
BOND SINhING FUND RESERti'E (BON~~ - X01-1~1800 ..................................................... ...........89
BOND SINhING FUND RESERti~E - 3000 SERIES (SB ~ -POOL ~) - -X01-11801 .......... ...........91
BOND SINhING FUND RESERti'E 3000 SERIES (SB ~ -POOL B) - -101-11803 ............ ...........93
BOND SINhING FUND - 3000 SERIES ("THE RESERti'E") - X01-11803 ......................... ...........9~
DEti-ELOP~IENT SERtiZCES FUND - -1?0 ................................................................................... ...........97
STOR~I`~'_~TER FUND - -I30 ............................................................................................................. ...........99
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: Total -All Funds
Nmuber of Separate Accomits (mas 50): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
1031; 2005
1031/2010
2:}
Quality of Cash Flow Alodel
Eieellent Cash Floc Reliability - 10
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRlor:thh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ange:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(09°0)
(2,993 )
(0.0°0)
(7~0)
930: 2007
930 2005
10.0°0
272,27
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9 30 2005
22,720,796
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-lahuity R:urge of Short-term Portfolio: 12 1~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahuity -Short Term Portfolio 4~
l~ia~imum Weighted AaeraQe blafirit~ -Short Tei7n Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahuit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 365
Core Target Average b-1ahu~it5- (in daj'v): 730
Short-Term Portfolio (in dais): (1,095)
Short-Tenn Allocation: x,680,199
Core Allocation: 22,720,796
Total Portfolio: 28,800,995
PFm Asset Alanagement LLC Page 1
Total -All Funds
Analysis of Core Portfolio
45,000,000
40,000,000
35,000,000
30,000,000
25,000,000
20,000,00 ~ \ \ \ \ \ ~ \ `\ \ ~\
~~~~~
15,000,000 `~\\\\\,\\\~
10,000,000 Q\\\\\\\
\\\\\
5,000,000 ~\\\\\\\~
o ~ 0 0 0 0 0 0 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFI\I asset Dianagement LLC Page 2
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: GENERAL FUND - 001
Nmuber of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9 30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
Quality of Cash Flow Alodel
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9:30 2005
x,714,639
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-lahuity R:urge of Short-term Portfolio: 12 1~lonths
10'3ll200S
10 3112010
24
Eieellent Cash Floc Reliability - 10
no
2.0°ro
17,077
7.7°0
X5,236
9 30 2007
9 30 2005
10.0°0
82.033
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahuity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Tenn Portfolio 4~
Combined Portfolio «'eighted Acrernge l~lahuit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Target Average b-1ahu~it5- (in daj'v): 730
Short-Tenn Portfolio (in dais): (4114)
Short-Tenn Allocation: 2,713,334
Core Allocation: x,714,639
Total Portfolio: 8,427,973
PFm Asset Alanagement LLC Page 3
GENERAL FUND - 001
Analysis of Core Portfolio
16,000,000
14,000,000
12,000,000
10,000,000
8,000,000
6,000,000
~~ ~ ~V AV "~~AA~ \A \A\ A
\\~\\
4,000AUU \\\ \\\\~
~~~~~ ~~
2,000,OOU ~\\\~\\\~
o ~ 0 0 0 0 0 0 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFni asset Dianagement LLC Page ~
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: POLICE EDUCATION FUND - 102
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
1031; 2005
1031/2010
2:}
Quality of Cash Flow Alodel
Inadequate Cash Floc l~iodel - 1
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRlor:thh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ange:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~umal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(78.1°0)
(1,977 )
(293.1°0)
(1.792)
930: 2007
930 2005
10.0°0
~5
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9x30'2005
Short-Teian Portfolio Anal~'sis Inputs
l~lasinnuu 1~Iahirit~ R:urge of Short-term Portfolio:
As of (month-end dnte):
nlalinnuu Weighted Aeerage nlahrrit~~ -Short Term Portfolio
l~ia~imum Weighted Aaerage biafirit~- -Short Term Portfolio
Combined Portfolio Weighted Aaerage blahuit~ Requirement (I',N)
12 bfonths
September-08
d~
4~
N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~-erage Alatuiity (in days):
Core Target Average b-Iahu~it~- (in daj'v):
Short-Term Portfolio (in dais):
36~
730
36~
Short-Term Allocation:
Core Allocation:
Total Portfolio:
1.d9~
0
1,g9S
PFAI Asset Alanagement LLC Page 5
POLICE EDUCATION FUND -102
Analysis of Core Portfolio
70,000
60,000
50,000
40,000
30,000
20,000
10,000
(10,000)
(20,000) " ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I rojected cashJ7o~rs m based on the stafrstical b~erads of historic data. _-leh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$0
000
,
5
000
$
.
4
000
$
.
$3,000
$2,000
$1.000
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFI\I asset Dianagement LLC Page 6
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: SPECL~L Law' ENFORCEn1ENT FUND - 103
Nmuber of Separate Accomits (mas 50): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9 30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
Quality of Cash Flow Alodel
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rate during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9:30'2008
27,640
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-Iahuity R:urge of Short-term Portfolio: 12 l~lonths
10'3ll200S
10 3112010
24
Acerige Cash Floc Reliabilitti - ~
no
72.6° o
1,183
62.1°ro
1,724
9 30 2007
9 30 2008
10.0° o
308
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 365
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Tenn Portfolio (in dais): (294)
Short-Tenn Allocation: 1~.31~
Core Allocation: 27,640
Total Portfolio: 42,955
PFm Asset Alanagement LLC Page 7
SPECIAL LAW ENFORCEMENT FUND - 103
Analysis of Core Portfolio
60,000
50,000
40,000
30,000
20,000 \\~~\~\ \ \\~~\~\\.
\~~~\~
10,000 ~ \ \ \~~~~\~\
\~~ ~~~~~
o ~ 0 0 0 0 0 0 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFI\I asset Dianagement LLC Page 8
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: TRANSPORTATION Il~1PROR'EyIENT - 104
Nmuber of Separate Accomits (mas 50): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9 30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
Quality of Cash Flow Alodel
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata chrring a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9:30 2008
327,148
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-lahuity R:urge of Short-term Portfolio: 12 1~lonths
10'3ll200S
10 3112010
24
Good Cash Floc Reliability - 8
no
4.4°ro
1.836
(15.3° o)
(7,36)
9'30 2007
930 2008
10.0°0
4,29
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio ~i'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (f111 in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 365
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): (1,095)
Short-Term Allocation: 81,787
Core Allocation: 327,148
Total Portfolio: 408,93(,
PFAI Asset Alanagement LLC Page 9
TRANSPORTATION IMPROVEMENT-104
Analysis of Core Portfolio
700,000
600,000
500,000
400,000
300,000 \\\\\\ \\\\\`
~ D \ \ \\
\\
100,000 ~ \ \ ~~ \~\\
\\\\\\
\~~ ~~~~~
o ~ 0 0 0 0 0 0 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFI\I asset Dianagement LLC Page 10
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: PARhS DONATION FUND - 10~
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
1031; 2005
1031/2010
2:}
Quality of Cash Flow Alodel
Acerige Cash Floc Reliabilitti - ~
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRlor~thh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ange:
Month EncJ -Begin Date
1llonth Encl - EnclDate
Option 3=I"our Choice (~umal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(171. i° o)
(d33>
~DI~"!0!
0
930 2007
930 2005
10.0°0
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9x30'2005
Short-Teian Portfolio Anal~'sis Inputs
l~lasinnuu 1~Iahirit~ R:urge of Short-term Portfolio:
As of (month-end date):
nlalinnuu Weighted Aeerage nlahrrit~~ -Short Term Portfolio
l~ia~imum Weighted Aaerage biafirit~- -Short Term Portfolio
Combined Portfolio Weighted Aaerage blahuit~ Requirement (I',N)
12 bfonths
September-08
d~
4~
N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~-erage Alatuiity (in days):
Core Target Average b-Iahu~it~- (in daj'v):
Short-Term Portfolio (in dais):
36~
730
#DI~"/0!
Short-Term Allocation:
Core Allocation:
Total Portfolio:
PFm Asset Alanagement LLC Page 11
PARKS DONATION FUND - 105
Analysis of Core Portfolio
20,000
15,000
1 Q,000
5,000
(5,000) ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
(10,000)
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$4
000
,
500
$3
,
3
000
$
.
$2,500
$2,000
1
500
$
,
$1,000
$500
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFni asset Dianagement LLC Page L
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: SOLID WASTE & RECI"CLING - 107
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
10'3ll200S
1031/2010
24
Quality of Cash Flow Alodel
Good Cash Floc Reliability - 7
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata chrring a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
30.4°~0
14,116
35.6°0
23.010
9 30:2007
X30 2005
10.0°0
6.369
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
930 2005
~64,~51
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-lahuity R:urge of Short-term Portfolio: 12 1~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): (44)
Short-Tenn Allocation: X03.286
Core Allocation: ~64,~81
Total Portfolio: 1,067,867
PFAI Asset Alanagement LLC Page 13
SOLID WASTE & RECYCLING -107
Analysis of Core Portfolio
1,200,000
1,000,000
800,000
600,000
400,000 ~,, ~\ \ \ ~\ ~~~~~,
200,000 ~ ~ ~ ~~~~\~\
\~~ ~~~~~
o ~ 0 0 0 0 0 0 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFni asset Dianagement LLC Page 1~
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: SPEC LAw' ENFORCEMENT-FEDER-~L - 108
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 1 31:2006
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
Quality of Cash Flow Alodel
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~iunal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
930'2005
4,44
Short-Teian Portfolio Analysis Inputs
blasinnuu b-lahuity R:urge of Short-term Portfolio: 12 Months
10'3ll200S
1031/2010
24
Inadequate Cash Floc l~iodel - 1
no
0.6°b
19
31.0°ro
95~
930 2007
930 2005
10.0°0
339
As of (month-end date): September-08
Malinnuu Weighted A~ erage Mahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): 332
Short-Tenn Allocation: 48,842
Core Allocation: 4,44
Total Portfolio: X3,296
PFAI Asset Alanagement LLC Page 15
SPEC LAW ENFORCEMENT-FEDERAL-108
Analysis of Core Portfolio
250,000
200,000
150,000
100,000
50,000
T T T T T
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
PFI\I asset Dianagement LLC Page 16
Note: I rojeeted eashJ7o~rs m based ora the stafrstieal h~erids of historic data. _-leh~a7 cash t7o~r pnttenos mm~ rm~~.
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of ~kinter Springs, Florida
Account Name: El~IERGENCI' & DISASTER RELIEF SR' - 109
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9 30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
Quality of Cash Flow Alodel
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata chrring a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~iunal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9:30 2008
X64,670
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-lahuity R:urge of Short-term Portfolio: 12 1~lonths
10'3ll2008
10 3112010
2:}
Good Cash Floc Reliability - 8
no
9 9°a
~,3~ 1
2.3°0
1,293
9 30 2007
9 30 2008
10.0°0
x,981
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): (9~4)
Short-Term Allocation: 1~6,2~1
Core Allocation: X64,670
Total Portfolio: 720,921
PFAI Asset Alanagement LLC Page 17
EMERGENCY & DISASTER RELIEF SV - 109
Analysis of Core Portfolio
900,000
800,000
700,000
600,000
500,000 ~` \ \ \ \
400,000 `\\\ \\\\\\
300,000 `~~\\\\\\\\\
200,000 ~~~~~~~~
100,000 ~\\\\\\\~
o ~ 0 0 0 0 0 0 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFI\I asset Dianagement LLC Page 18
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: ARBOR FUND - 110
Nmuber of Separate Accomits (mas 50): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
1031; 2005
1031/2010
2:}
Quality of Cash Flow Alodel
Eieellent Cash Flo« Reliability - 9
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRlor:thh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ange:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(6.0°0)
(L176j
(5.5°0)
(1,615)
930: 2007
930 2005
10.0°0
L97R
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
930 2005
1~4,~71
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-lahuity R:urge of Short-term Portfolio: 12 1~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
l~ia~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 365
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): (1,085)
Short-Term Allocation: 38,900
Core Allocation: l~d,~71
Total Portfolio: 193,#71
PFm Asset Alanagement LLC Page 19
ARBOR FUND -110
Analysis of Core Portfolio
300,000
250,000
200,000
~ 50,00 ~ ,~~ \ ~~~\\\\\ \\\\`~\\ \ \~ ~\\\\\\\
~~~~~~~\
50,000 ~ ~ ~ ~~~~\~\
`~` \~\~\
o ~ 0 0 0 0 0 0 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$45
000 -
,
40
000
,
$
$35,000
30
000
$
,
$25,000
20
000
$
,
$15,000
10
000
$
,
$5,000
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFni asset Dianagement LLC Page 20
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of ~kinter Springs, Florida
Account Name: HOA PROTECTS-LIGHTS AND SIGNS - 112
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 1 31:2006
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
1031; 2005
1031/2010
2:}
Quality of Cash Flow Alodel
Inadequate Cash Floc l~iodel - 1
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRlor:thh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ange:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~umal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(>13°0)
(Si0)
(130.6° o)
(916)
930: 2007
930 2005
10.0°0
(2
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
930'2005
d74
Short-Teian Portfolio Anal~'sis Inputs
1~lasinnuu 1~lahirit~ R:urge of Short-term Portfolio:
As of (month-end dnte):
nlalinnuu Weighted Aeerage nlahrrit~~ -Short Term Portfolio
l~ia~imum Weighted Aaerage biafirit~- -Short Term Portfolio
Combined Portfolio Weighted Aaerage blahuit~ Requirement (I',N)
12 bfonths
September-08
d~
4~
N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~-erage Alatuiity (in days):
Core Target Average b-1ahu~it~- (in daj'v):
Short-Term Portfolio (in dais):
3G~
730
331
Short-Term Allocation:
Core Allocation:
Total Portfolio:
x,034
474
~,~08
PFAI Asset Alanagement LLC Page 21
HOAPRQJECTS-LIGHTS AND SIGNS - 112
Analysis of Core Portfolio
35,000
30,000
25,000
20,000
15,000
10,000
5,000
T T T T T
^ Historical Shoat-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFI\I asset Dianagement LLC Page 22
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: STORM RESER~- E SPECI_~L REVENUE - 114
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 3312006
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
10'3ll2008
1031/2010
24
Quality of Cash Flow Alodel
Good Cash Floc Reliability - 8
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata chrring a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
78.6° o
11,098
~J.7°ro
11,848
930: 2007
X30 2008
10.0°0
2,339
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9 30 2008
270,042
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-Iahuity R:urge of Short-term Portfolio: 12 l~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): (91S)
Short-Term Allocation: 76,986
Core Allocation: 270,042
Total Portfolio: 347,028
PFAI Asset Alanagement LLC Page 23
STORM RESERVE SPECIAL REVENUE - 114
Analysis of Core Portfolio
400,000
350,000
300,000
250.000 ~ ~V~~~~ ~~~~~ ~ ~~~ ~~\
150,000 ~\ \~\\\\ \\\
100,000 ~\\\\\\~
50,000 ~\\\~\\\~
~ ~ z° ~ ~ z° ~ ~ z° ~ ~ z° ~
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$80
000 -
,
$70
000
,
60
000
$
.
$50,000
$40,000
30
000
$
,
$20,000
$10,000
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFni asset Dianagement LLC Page 2~
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: ROAD IyIPROti- El~IENTS - 11 ~
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
10'3ll200S
1031/2010
24
Quality of Cash Flow Alodel
Inadequate Cash Floc l~iodel - 1
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~iunal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(2.2°0)
(1,416j
-449° 0
32.430
930 2007
X30 2005
10.0°0
5.404
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9:30'2005
406.943
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-Iahuity R:urge of Short-term Portfolio: 12 l~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): (996)
Short-Term Allocation: 109.108
Core Allocation: 406,943
Total Portfolio: ~1C,,0~1
PFAI Asset Alanagement LLC Page 25
1,800,000
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
(200,000) ~ o
(400,000) ~ ~ o
ROAD IMPROVEMENTS - 115
Analysis of Core Portfolio
1
ov
^ Historical Shoat-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFni asset Dianagement LLC Page 26
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: VETERANS l~lEl~lORI_~L - 116
Nmuber of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 5312005
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date): 10312008
Last Projection Date (must be month-end date): 10.3112010
Projection Period (In months) 24
Quality of Cash Flow Alodel ~DI~"-0!
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No) no
Growth Rate (Enter 1, 2, or 3): 1
Option 1=Historical Period Gro~~rth (annual rate): 4,369.6° o
_=lver~ageRlontlrh~ Chmzge: 14,067
Option 2=Crro«th rate during a specific period: »N
_ lverage_llorrflrh ~ C7rar~ge: ~-N a
_llonth Enc7 -Begin Dcite 930 2007
llontFr Encl - Enc/Date 930 2005
Option 3=four Choice (~mual Crrowth Rate) 10.0°0
_lverage:lfont1711 C:hcrr;fie: -N`a
Shoat-Tern Portfolio Cusluon: 20.0°'0
Compensating Balance Requirement: 0.00
Core Date: 9:;30'2008
Core Balance: ,-;1V'A
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-Iahuity R:urge of Short-term Portfolio: 12 l~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
l~ia~imum Weighted AaeraQe blafirit~ -Short Tenn Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Tenn Portfolio (in dais): #N/A
Short-Tenn Allocation: »Ni
Core Allocation: ~N:~
Total Portfolio: #N/A
PFm Asset Alanagement LLC Page 27
VETERANS MEMORIAL - 116
Analysis of Core Portfolio
16,000
14,000
12,000
10,000
8,000
6,000
4,000
2,000
a' o ¢ a' o ¢ a'
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$1
$1
1
$
1
$
$1
$1
0
$
0
$
$0
$0
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFI\I asset Dianagement LLC Page 28
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: TRANSPORTATION Il~1PACT FLiND - 140
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9 30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
10'3ll200S
10 3112010
24
Quality of Cash Flow Alodel
Inadequate Cash Floc l~iodel - 1
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~iunal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(23.8° o)
(26,278 )
(33.6°0)
lls,~661
9'30: 2007
930 2008
10.0°0
~,12>
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9:30'2008
244,622
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-Iahuity R:urge of Short-term Portfolio: 12 l~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): 94
Short-Tenn Allocation: 329,~7~
Core Allocation: 244,622
Total Portfolio: ~74,19C,
PFAI Asset Alanagement LLC Page 29
TRANSPORTATION IMPACT FUND - 140
Analysis of Core Portfolio
2,000,000
1,800,000
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
o ~ o 0 0 0 0 0 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Shoat-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFI\I asset Dianagement LLC Page 30
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: PUBLIC BUILDING Il~1PACT FEE FND - 14~
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
1031; 2005
1031/2010
24
Quality of Cash Flow Alodel
Acerige Cash Floc Reliabilitti - ~
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRlor~thh ~ Change:
Option 2=Crro~~th rate during a specific period:
_lverage llonthh~ C7~ange:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
47.0°~0
10,226
69° o
L961
9 30:2007
930 2005
10.0°0
3,101
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9:30'2005
299,426
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-Iahuity R:urge of Short-term Portfolio: 12 l~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
l~ia~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Tenn Portfolio (in dais): (1,095)
Short-Tenn Allocation: 74,86
Core Allocation: 299,426
Total Portfolio: 374,282
PFm Asset Alanagement LLC Page 31
PUBLIC BUILDING IMPACT FEE FND - 145
Analysis of Core Portfolio
500,000
450,000
400,000
350,000
300.000 . ~~a ~aa~~~~~ ~~~~ ..~ .,. ~~. ~a ~~~
250,000 ~~~ ` ~ ~~~~~~~~~~~~~\~~~~ .
200,000 `\ \\\\\\\\\
150,000 \\~ ~ ~ ~ ~ ~ \\ ~\
100,000 \ \ \ \ \ \~ \\\\\
50,000 \~\\\\\\\\\\
o ~ 0 0 0 0 0 0 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFI\I asset Dianagement LLC Page 32
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: POLICE IbIPACT FEE FUND - 1~0
Nmuher of Separate Accomits (mas 50): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9 30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
Quality of Cash Flow Alodel
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rate during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9:30 2008
10~,~49
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-lahuity R:urge of Short-term Portfolio: 12 1~lonths
10'3ll200S
10 3112010
24
Abo~ e Acerige Cash Flow Reliabilitti - 6
no
41.9°0
3,860
~.6°0
646
9 30 2007
~0 2008
10.0°0
1,249
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 365
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): (1,095)
Short-Term Allocation: 26.387
Core Allocation: 10~,~49
Total Portfolio: 131,93(,
PFm Asset Alanagement LLC Page 33
POLICE IMPACT FEE FUND - 150
Analysis of Core Portfolio
200,000
180,000
160,000
140,000
120,000
100,000 \, ~~ \ \ \~\ \ \ ~~~ ~~
so,ooo
6000° ~\\\\~~\\`\
40.000 ~\\\\\\\\\
20,000 \~~~~~~~~~~
o ~ o o a o ~ o 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFI\I asset Dianagement LLC Page 3~1
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: PARhS Il~1PACT FEE FUND - 1»
Nmuber of Separate Accomits (mas 50): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9 30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
10'3ll200S
10 3112010
2:}
Quality of Cash Flow Alodel
Inadequate Cash Floc l~iodel - 1
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~umal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(6-4.1°0)
(9,098}
(9~5°0)
(7,197)
9'30: 2007
930 2005
10.0°0
759
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9x30'2005
Short-Teian Portfolio Anal~'sis Inputs
l~lasinnuu 1~Iahirit~ R:urge of Short-term Portfolio: 12 l~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio Weighted Aaerage ~Iahu7t~~ Requirement (I',N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 365
Core Target Average b-lahu~it~- (in daj'v): 730
Short-Term Portfolio (in dais): 365
Short-Term Allocation: 3.891
Core Allocation: 0
Total Portfolio: 3,891
PFAI Asset Alanagement LLC Page 35
PARKS IMPACT FEE FUND - 155
Analysis of Core Portfolio
500,000
400,000
300,000
200,000
100,000
(100,000) ~
o ,~ ~ o ~ ~ o ~ o ~ o
(200.000)
(300,000)
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$200
000
,
$180,000
160
000
$
.
140
000
$
.
$120,000
$100,000
80
000
,
$
60
000
,
$
$40,000
$20,000
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFI\I asset Dianagement LLC Page 36
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: FIRE Il~1PACT FEE FUND - 160
Nmuher of Separate Accomits (mas 50): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9 30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
Quality of Cash Flow Alodel
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata chrring a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9.30 2008
784,948
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-Iahuity R:urge of Short-term Portfolio: 12 l~lonths
10'3ll2008
10 3112010
24
Good Cash Floc Reliability - 7
no
23.9°~0
1 ~,78C,
49° o
3,643
9 30 2007
9 30 2008
10.0°0
8,142
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 365
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Tenn Portfolio (in dais): (1,095)
Short-Term Allocation: 196,237
Core Allocation: 784,948
Total Portfolio: 981,185
PFAI Asset Alanagement LLC Page 37
FIRE IMPACT FEE FUND - 160
Analysis of Core Portfolio
1,200,000
1,000,000
800,000
600.000 <~\\~\\\\\\.
~.~
400.000 "~ \\\\\\\\\
\~
zoo,ooo ~ \ \~\ \`\~\
o ~ o o a o ~ G o 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$250
000
,
200
000
$
.
$150,000
100
000
$
,
$50,000
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFni asset Dianagement LLC Page 38
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: bIEDICAL TRANSPORT SERA-ICES - 170
Nmuber of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
10'3ll200S
1031/2010
24
Quality of Cash Flow Alodel
Good Cash Floc Reliability - 7
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata chrring a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
44.0°~0
11,068
44.E°ro
14,808
930: 2007
X30 2008
10.0°0
3.60
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
930 2005
39.979
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-lahuity R:urge of Short-term Portfolio: 12 1~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Tenn Portfolio (in dais): (809)
Short-Tenn Allocation: 123.10
Core Allocation: 39,979
Total Portfolio: X19,129
PFAI Asset Alanagement LLC Page 39
MEDICAL TRANSPORT SERVICES - 170
Analysis of Core Portfolio
600,000
500,000
400,000
300,000 \~\\\\\\\\\`
\~
~oo,ooo ~ \ \~\ \`\~\
o ~ o o a o ~ G o 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFni asset Dianagement LLC Page ~0
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: PUBLIC & COl~Il~I SERA- ICE T ~l FUND - 172
Nmuher of Separate Accomits (mas 50): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
10'3ll200S
1031/2010
2:}
Quality of Cash Flow Alodel
Inadequate Cash Floc l~iodel - 1
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~umal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(39.2°0)
(399 )
(826.9°0)
(~L669)
930: 2007
930 2008
10.0°0
(63(i)
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9x30'2008
Short-Teian Portfolio Anal~'sis Inputs
l~lasinnuu 1~Iahirit~ R:urge of Short-term Portfolio: 12 l~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio Weighted Aaerage ~Iahu7t~~ Requirement (I',N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 365
Core Target Average b-lahu~it~- (in daj'v): 730
Short-Term Portfolio (in dais): 365
Short-Tenn Allocation: (13,7.11)
Core Allocation: 0
Total Portfolio: (135,781)
PFAI Asset Alanagement LLC Page #1
PUBLIC & COMM SERVICE TAX FUND - 172
Analysis of Core Portfolio
800,000
600,000
400,000
200,000
(200,000) ~ ~ ~ ~ ~ ~ ~ ~ ~ o
(400.000)
(600,000)
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$40,000
$20,000
$0
($20.000)
($40,000)
($60,000)
($80.000)
($100,000)
($120,000)
($140,009)
($160,OOOj
^Target Maturity Distribution ^Liquidity Requirements
Oc 08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
PFI\I asset Dianagement LLC Page ~2
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of ~kinter Springs, Florida
Account Name: ELECTRIC FRANCHISE FEE FUND - 174
Nmuber of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
1031; 2005
1031/2010
24
Quality of Cash Flow Alodel
Inadequate Cash Floc l~iodel - 1
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRlor~thh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ange:
Month EncJ -Begin Date
1llonth Encl - EnclDate
Option 3=I"our Choice (~umal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(166.9° o)
(4,478}
(1,102.8° o)
(29,928)
930: 2007
930 2005
10.0°0
315
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9x30'2005
Short-Teian Portfolio Anal~'sis Inputs
l~lasinnuu 1~Iahirit~ R:urge of Short-term Portfolio:
As of (month-end dnte):
nlalinnuu Weighted Average nlahrrit~~ -Short Term Portfolio
l~iavimum Weighted Average biafirit~- -Short Term Portfolio
Combined Portfolio Weighted Average blahuit~ Requirement (I',N)
12 bfonths
September-08
4~
4~
N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~-erage Alatuiity (in days):
Core Target Average b-Iahu~it~- (in daj'v):
Short-Term Portfolio (in dais):
36~
730
#DI~"/0!
Short-Term Allocation:
Core Allocation:
Total Portfolio:
PFAI Asset Alanagement LLC Page 43
ELECTRIC FRANCHISE FEE FUND - 174
Analysis of Core Portfolio
600,000
500,000
400,000
300,000
200,000
100,000
(100.000) ~ ~ ° ~ ° ~ o ~ o ~ o
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
(200,000)
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$20
000
,
$18,000
16
000
$
.
14
000
$
,
$12,000
$10,000
8
000
$
.
6
000
$
,
$4,000
$2,000
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFni asset Dianagement LLC Page 4~
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: FIRE ASSESSMENT FUND - 17~
Nmuber of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): S312005
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date): 10312008
Last Projection Date (must be month-end date): 10.3112010
Projection Period (In months) 2d
Quality of Cash Flow Alodel ~DI~"-0!
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No) no
Growth Rate (Enter 1, 2, or 3): 1
Option 1=Historical Period Gro~~rth (annual rate): (dd23°o)
_=lverageRlonthh ~ Chmzge: (1~5, 7~9 )
Option 2=Crro«th rate during a specific period: »N; A
_lverage_llorrflrh~ C7rar~ge: ;+N-:A
_llonth Enc7 -Begin Dcite 930 2007
llontFr Encl - Enc/Date 930 2005
Option 3=four Choice (Annual Crrowth Rate) 10.0°0
_lverage:lfont1711 C:hcrr;fie: -N`a
Shoat-Tern Portfolio Cusluon: 20.0°'0
Compensating Balance Requirement: 0.00
Core Date: 9:;30'2008
Core Balance: ,-;1V'A
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-Iahuity R:urge of Short-term Portfolio: 12 Months
As of (month-end date): September-08
Malinnuu Weighted A~ erage Mahrrity -Short Term Portfolio 4~
l~ia~imum Weighted AaeraQe blafirit~ -Short Tenn Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Tenn Portfolio (in dais): #N/A
Short-Tenn Allocation: »NiA
Core Allocation: ~N:~
Total Portfolio: #N/A
PFm Asset Alanagement LLC Page #5
FIRE ASSESSMENT FUND - 175
Analysis of Core Portfolio
1,200,000
1,000,000
800,000
600,000
400,000
200,000
A A A
~ ~ ~ ~ ~ ~ ~ ~
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$1
$1
1
$
1
$
$1
$1
0
$
0
$
$0
$0
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFni asset Dianagement LLC Page ~6
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: TLBD DEBT SERVICE FUND - 182
Nmuber of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
10'3ll2008
1031/2010
2:}
Quality of Cash Flow Alodel
Eieellent Cash Floc Reliability - 10
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
17.0°~0
2,003
3-4.6°0
X4,183
930: 2007
X30 2008
10.0°0
1,36
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
930 2008
X2,873
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-lahuity R:urge of Short-term Portfolio: 12 1~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrernge l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): (380)
Short-Tenn Allocation: 2,909
Core Allocation: X2,873
Total Portfolio: 78,783
PFm Asset Alanagement LLC Page #7
TLBD DEBT SERVICE FUND - 182
Analysis of Core Portfolio
250,000
200,000
150,000
100,000
\~ ~~~~
o ~ o o a o ~ G o 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
PFI\I asset Dianagement LLC Page ~8
Note: I rojeeted eashJ7o~rs m based ora the stafrstieal h~erids of historic data. _-leh~a7 cash t7o~r pnttenos mm~ rm~~.
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: TLBD l~i_~INTEN_ANCE FUND - 184
Nmuber of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
10'3ll200S
1031/2010
24
Quality of Cash Flow Alodel
Acerige Cash Floc Reliabilitti - ~
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rate during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
10.4°~0
3,436
j4 200
19,291
930: 2007
930 2008
10.0°0
4.021
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9 30 2008
286,~~4
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-lahuity R:urge of Short-term Portfolio: 12 1~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): (442)
Short-Term Allocation: 129,683
Core Allocation: 286,»1
Total Portfolio: 41(,,238
PFm Asset Alanagement LLC Page 49
TLBD MAINTENANCE FUND - 184
Analysis of Core Portfolio
700,000
600,000
500,000
400,000
300,000
200A00 ~ \ ~ \~\ \~~~~\
\~\\\\\
~oo.ooo ~ \ \\\\ \~\~\
o ~ o o a o ~ G o 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFni asset Dianagement LLC Page ~0
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: TL.BD PH II - n79INT - 18~
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 11:30.2006
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
1031; 2005
1031/2010
2:}
Quality of Cash Flow Alodel
Acerige Cash Floc Reliabilitti - ~
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRlor~thh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ange:
Month EncJ -Begin Date
1llonth Encl - EnclDate
Option 3=I"our Choice (~umal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(3.387)
(368.4°0)
(17,90)
930: 2007
930 2005
10.0°0
-4~~
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9x30'2005
Short-Teian Portfolio Anal~'sis Inputs
l~lasinnuu 1~Iahirit~ R:urge of Short-term Portfolio:
As of (month-end date):
nlalinnuu Weighted Aeerage nlahrrit~~ -Short Term Portfolio
l~ia~imum Weighted Aaerage biafirit~- -Short Term Portfolio
Combined Portfolio Weighted Aaerage blahuit~ Requirement (I',N)
12 bfonths
September-08
d~
4~
N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~-erage Alatuiity (in days):
Core Target Average b-Iahu~it~- (in daj'v):
Short-Term Portfolio (in dais):
36~
730
#DI~"/0!
Short-Term Allocation:
Core Allocation:
Total Portfolio:
PFm Asset Alanagement LLC Page ~1
200,000
150,000
100,000
50,000
TLBD PH II - MAINT - 185
Analysis of Core Portfolio
Iso,oooi ~ ~ Z ~ ~ Z ~ ~ Z ~
^ Historical Shoat-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$45
000
,
40
000
,
$
$35,000
30
000
$
.
$25,000
20
000
$
.
$15,000
10
000
,
$
$5,000
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFni asset Dianagement LLC Page ~2
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: OAh FOREST bIAINTENANCE - 191
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
1031; 2005
1031/2010
24
Quality of Cash Flow Alodel
Eieellent Cash Floc Reliability - 10
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRlor~thh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ange:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(O.Ci~o)
(16)
22.6°ro
619
930: 2007
930 2005
10.0°0
309
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9:30'2005
14.604
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-Iahuity R:urge of Short-term Portfolio: 12 l~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
l~ia~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Tenn Portfolio (in dais): (184)
Short-Term Allocation: 9.713
Core Allocation: 14.604
Total Portfolio: 24,317
PFm Asset Alanagement LLC Page ~3
OAK FOREST MAINTENANCE - 191
Analysis of Core Portfolio
60,000
50,000
40,000
30,000
20,000
~ ~~ ~ ~~
10,000 ~ ~ ~'\~~~ ~~
`~~ ~\~\~
o ~ o o a o ~ G o 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$12
000
,
10
000
,
$
8
000
$
,
$0,000
$4,000
2
000
$
.
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFni asset Dianagement LLC Page ~~
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: OAh FOREST DEBT SERVICE - 192
Nmuher of Separate Accomits (mas 50): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9 30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
Quality of Cash Flow Alodel
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~umal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
10'3ll200S
10 3112010
2:}
Poor Cash Floc ylodel- 2
no
1
(13.9° o)
(212)
(37.1°0)
(320)
9'30: 2007
930 2003
10.0°0
100
20.0°n
0.00
9x30'2003
Short-Teian Portfolio Anal~'sis Inputs
l~lasinnuu 1~Iahirit~ R:urge of Short-term Portfolio: 12 l~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio Weighted Aaerage ~Iahu7t~~ Requirement (I',N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 365
Core Target Average b-lahu~it~- (in daj'v): 730
Short-Term Portfolio (in dais): 365
Short-Term Allocation: 3.2~ 1
Core Allocation: 0
Total Portfolio: 3,251
PFm Asset Alanagement LLC Page 55
OAK FOREST DEBT SERVICE - 192
Analysis of Core Portfolio
35,000
30,000
25,000
20,000
15,000
10
000
,
5,000
(5,000)
o ~
o ~
o ~
o ~
o
(10,000) " ~ ~
~
~ ~
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$8
000
,
000
$7
.
0
000
$
.
$5,000
$4,000
3
000
,
$
$2,000
$1,000
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFI\I asset Dianagement LLC Page ~6
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: 2003 DEBT SERVICE FUND - 206
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9 30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
Quality of Cash Flow Alodel
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
9,918
182.1°0
42,99
9 30 2007
9 30 2008
10.0°0
2,740
20.0°n
0.00
9:30 2008
16,797
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-lahuity R:urge of Short-term Portfolio: 12 1~lonths
10'3ll2008
10 3112010
24
Poor Cash Floc ylodel- 3
no
X2.1°0
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrernge l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): (190)
Short-Tenn Allocation: 11,03
Core Allocation: 16,797
Total Portfolio: 27,80
PFm Asset Alanagement LLC Page ~7
2003 DEBT SERVICE FUND - 206
Analysis of Core Portfolio
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
o ~ o 0 0 0 0 0 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$12
000
,
10
000
,
$
8
000
$
,
$0,000
$4,000
2
000
$
,
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFI\I asset Dianagement LLC Page ~8
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: TLBD DEBT SERA-ICE PHASE 2 - 213
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 2 X28 2006
End Date (must be month-end): 9 30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
10'3ll2008
10 3112010
24
Quality of Cash Flow Alodel
Inadequate Cash Floc l~iodel - 1
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~umal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(39.9° o)
(%3)
(~2.7°0)
((i29)
9'30: 2007
930 2008
10.0°0
139
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9x30'2008
Short-Teian Portfolio Anal~'sis Inputs
l~lasinnuu 1~Iahirit~ R:urge of Short-term Portfolio:
As of (month-end date):
nlalinnuu Weighted Aeerage nlahrrit~~ -Short Term Portfolio
l~ia~imum Weighted Aaerage biafirit~- -Short Term Portfolio
Combined Portfolio Weighted Aaerage blahuit~ Requirement (I',N)
12 bfonths
September-08
4~
4~
N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~-erage Alatuiity (in days):
Core Target Average b-Iahu~it~- (in daj'v):
Short-Term Portfolio (in dais):
36~
730
36~
Short-Term Allocation:
Core Allocation:
Total Portfolio:
640
0
C,40
PFAI Asset Alanagement LLC Page 59
TLBD DEBT SERVICE PHASE 2 - 213
Analysis of Core Portfolio
100,000
80,000
60,000
40,000
20,000
(20.000) ~ ~ ~ a
o
o
o
o
o
~ ~
~ ~
~ ~ ~ ~
(40,000)
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$25
000
,
20
000
$
.
$15,000
10
000
,
$
$5,000
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFni asset Dianagement LLC Page 60
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: 1999 DEBT SERVICE FUND - 21 ~
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
10'3ll2008
1031/2010
2:}
Quality of Cash Flow Alodel
Inadequate Cash Floc l~iodel - 1
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~umal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(d3.d° o)
(~,d99)
9d3°o
x},073
930: 2007
930 2008
10.0°0
-488
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9x30'2008
Short-Teian Portfolio Anal~'sis Inputs
l~lasinnuu 1~Iahirit~ R:urge of Short-term Portfolio:
As of (month-end dnte):
nlalinnuu Weighted Aeerage nlahrrit~~ -Short Term Portfolio
l~ia~imum Weighted Aaerage biafirit~- -Short Term Portfolio
Combined Portfolio Weighted Aaerage blahuit~ Requirement (I',N)
12 bfonths
September-08
d~
4~
N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~-erage Alatuiity (in days):
Core Target Average b-Iahu~it~- (in daj'v):
Short-Term Portfolio (in dais):
36~
730
36~
Short-Term Allocation:
Core Allocation:
Total Portfolio:
l~,dl l
0
l~,gll
PFAI Asset Alanagement LLC Page 61
1999 DEBT SERVICE FUND - 215
Analysis of Core Portfolio
600,000
500,000
400,000
300,000
200,000
100,000
(100,000) ~ ~ ~ ° ~ ~ ~ ~ ~ o
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$60
000
,
50
000
,
$
40
000
$
.
$30,000
$20,000
10
000
$
,
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFni asset Dianagement LLC Page 62
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'intar Springs, Florida
Account Name: CW GO DEBT SERVICE FUND - 22~
Nmuber of Separate Accomits (mas 50): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9 30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
10'3ll200S
10 3112010
24
Quality of Cash Flow Alodel
Eieellent Cash Floc Reliability - 10
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata chrring a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~umal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(5.2°0)
(734)
(29.7°0)
(2,374)
9'30: 2007
930 2005
10.0°0
904
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9:30'2005
911
Short-Teian Portfolio Anal~'sis Inputs
l~lasinnuu 1~Iahirit~ R:urge of Short-term Portfolio: 12 l~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio Weighted Aaerage ~Iahu7t~~ Requirement (I',N) N
If I"es (f111 in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 365
Core Target Average b-lahu~it~- (in daj'v): 730
Short-Term Portfolio (in dais): 357
Short-Term Allocation: 43.739
Core Allocation: 911
Total Portfolio: 44,650
PFm Asset Alanagement LLC Page 63
CW GO DEBT SERVICE FUND - 225
Analysis of Core Portfolio
200,000
180,000
160,000
140,000
120,000
100,000
80,000
60,000
40,000
20,000
o ~ o 0 0 0 0 0 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Shoat-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
PFI\I asset Dianagement LLC Page 6~
Note: I rojeeted eashJ7o~rs m based ora the stafrstieal h~erids of historic data. _-leh~a7 cash t7o~r pnttenos mm~ rm~~.
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: 2004 LOC DEBT SERVICE FUND - 230
Nmuber of Separate Accomits (mas 50): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
1031; 2005
1031/2010
24
Quality of Cash Flow Alodel
Inadequate Cash Floc l~iodel - 1
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRlor~thh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ange:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~umal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(0.7°0)
(6)
477.4° o
2.034
930 2007
930 2005
10.0°0
49
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9x30'2005
Short-Teian Portfolio Anal~'sis Inputs
l~lasinnuu 1~Iahirit~ R:urge of Short-term Portfolio: 12 l~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
l~ia~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio Weighted Aaerage ~Iahu7t~~ Requirement (I',N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 365
Core Target Average b-lahu~it~- (in daj'v): 730
Short-Term Portfolio (in dais): 365
Short-Term Allocation: 2.170
Core Allocation: 0
Total Portfolio: 25,170
PFAI Asset Alanagement LLC Page 65
2004 LOC DEBT SERVICE FUND - 230
Analysis of Core Portfolio
40,000
30,000
20,000
10,000
(10,000)
o ~ ~ o ~ o ~ ~ o ~ ~ o
(20,000)
(30.000)
(40,000)
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$30
000
,
25
000
$
,
20
000
$
.
$15,000
$10,000
5
000
$
.
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFni asset Dianagement LLC Page 66
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: 1999 CONSTRUCTION FUND - 30~
Nmuber of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9 30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
10'3ll200S
10 3112010
24
Quality of Cash Flow Alodel
Inadequate Cash Floc l~iodel - 1
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~iunal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(21.60)
(32,459 )
(30.3°0)
(29,59)
9'30: 2007
930 2005
10.0°0
10,»3
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9.30'2008
733,242
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-lahuity R:urge of Short-term Portfolio: 12 1~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage 1~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): (~36)
Short-Term Allocation: 297,100
Core Allocation: 733,242
Total Portfolio: 1,030,342
PFAI Asset Alanagement LLC Page 67
1999 CONSTRUCTION FUND - 305
Analysis of Core Portfolio
3,000,000
2,500,000
2,000,000
1,500,000
1,000,000
500,000
o ~ o 0 0 0 0 0 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Shoat-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFni asset Dianagement LLC Page 68
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of ~kinter Springs, Florida
Account Name: RE~'OL~'ING REHABILITATION FUND - 306
Nmuher of Separate Accomits (mas 50): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9 30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
Quality of Cash Flow Alodel
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata chrring a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~iunal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9.30 2008
806,278
Short-Teian Portfolio Analysis Inputs
blasinnuu b-Iahuity R:urge of Short-term Portfolio: 12 l~lonths
10'3ll200S
10 3112010
2:}
Good Cash Floc Reliability - 7
no
6.5"0
x,300
1. -l° o
1,081
9 30 2007
9 30 2008
10.0°0
8,376
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 365
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): (1,095)
Short-Term Allocation: 20L~69
Core Allocation: 806,278
Total Portfolio: 1,007,887
PFAI Asset Alanagement LLC Page 69
REVOLVING REHABILITATION FUND - 306
Analysis of Core Portfolio
1,200,000
1,000,000
800,000 ~ , ~ V~ \ ~~
600
00 ~ ~\\\\\\\\\
, \
`
~ \\\\\\\\
400,000 "
~
200,000 ~ \ \\\ \~\
o ~ 0 0 0 0 0 0 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
PFI\I asset Dianagement LLC Page 70
Note: I rojeeted eashJ7o~rs m based ora the stafrstieal h~erids of historic data. _-leh~a7 cash t7o~r pnttenos mm~ rm~~.
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: TLBD IbfPROti'El~IENT FUND - 308
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
1031; 2005
1031/2010
2:}
Quality of Cash Flow Alodel
Abo~ e Acerige Cash Flow Reliabilitti - 6
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRlor~thh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ange:
Month EncJ -Begin Date
1llonth Encl - EnclDate
Option 3=I"our Choice (~umal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(16Ci.0° o )
(dad)
~DI~"!0!
0
930 2007
930 2005
10.0°0
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9x30'2005
Short-Teian Portfolio Anal~'sis Inputs
l~lasinnuu 1~Iahirit~ R:urge of Short-term Portfolio:
As of (month-end date):
nlalinnuu Weighted Aeerage nlahrrit~~ -Short Term Portfolio
l~ia~imum Weighted Aaerage biafirit~- -Short Term Portfolio
Combined Portfolio Weighted Aaerage blahuit~ Requirement (I',N)
12 bfonths
September-08
d~
4~
N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~-erage Alatuiity (in days):
Core Target Average b-Iahu~it~- (in daj'v):
Short-Term Portfolio (in dais):
36~
730
#DI~"/0!
Short-Term Allocation:
Core Allocation:
Total Portfolio:
PFm Asset Alanagement LLC Page 71
TLBD IMPROVEMENT FUND - 308
Analysis of Core Portfolio
60,000
50,000
40,000
30,000
20,000
10,000
(10,000) ~ o ~ o ~ o ~ o ~ °
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$5
000
,
$4,500
4
000
$
,
3
500
$
.
$3,000
$2,500
2
000
$
.
1
500
$
,
$1,000
$500
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFni asset Dianagement LLC Page 72
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of ~kinter Springs, Florida
Account Name: OAh FOREST CAPITAL FUND - 309
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
1031; 2005
1031/2010
2:}
Quality of Cash Flow Alodel
Inadequate Cash Floc l~iodel - 1
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRlor~thh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ange:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~iunal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(26.7° o)
(737)
(129.3°0)
(2,473)
930: 2007
930 2005
10.0°0
197
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
930 2005
12,418
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-lahuity R:urge of Short-term Portfolio: 12 1~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
l~ia~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): (1,095)
Short-Tenn Allocation: 3,10
Core Allocation: 12,418
Total Portfolio: 1~,~23
PFAI Asset Alanagement LLC Page 73
OAK FOREST CAPITAL FUND - 309
Analysis of Core Portfolio
50,000
45,000
40,000
35,000
30,000
25,000
20,000
15,000
s,oo~ ~ \~~~~~~~ \~~~
o ~ o o a o ~ o 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFni asset Dianagement LLC Page 7~
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of ~kinter Springs, Florida
Account Name: P~'!UTILITY" FACIL.ITI' C.~P PROJ - 311
Nmuher of Separate Accomits (mas 50): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
10'3ll200S
1031/2010
24
Quality of Cash Flow Alodel
Inadequate Cash Floc l~iodel - 1
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~iunal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(449°0)
~ 72-37i )
X6.6° o
~5,27~
930: 2007
9 30 2005
10.0°0
11,393
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9:30'2005
49,629
Short-Teian Portfolio Analysis Inputs
blasinnuu b-Iahuity R:urge of Short-term Portfolio: 12 l~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 365
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): 353
Short-Tenn Allocation: 1,480,616
Core Allocation: 49,629
Total Portfolio: 1,530,245
PFAI Asset Alanagement LLC Page 75
PW/UTILITY FACILITY CAP PROJ - 311
Analysis of Core Portfolio
4,500,000
4,000,000
3,500,000
3,000,000
2,500,000
2,000,000
1,500,000
1,000,000
500,000
o ~ o 0 0 0 0 0 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFni asset Dianagement LLC Page 76
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: PUB FACILITY E1P C_4P PROJ - 312
Nmuher of Separate Accomits (mas 50): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9 30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
10'3ll200S
10 3 U2010
2:}
Quality of Cash Flow Alodel
Inadequate Cash Floc l~iodel - 1
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRlor~thh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ange:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~umal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(».0° o)
(677)
2.3°~0
15
9'30 2007
9%30 2005
10.0°0
R-l
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9x30'2005
Short-Teian Portfolio Anal~'sis Inputs
l~lasinnuu 1~Iahirit~ R:urge of Short-term Portfolio: 12 l~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
l~ia~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio Weighted Aaerage ~Iahu7t~~ Requirement (Y;N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 365
Core Target Average b-lahu~it~- (in daj'v): 730
Short-Term Portfolio (in dais): 365
Short-Term Allocation: 10.176
Core Allocation: 0
Total Portfolio: 10,176
PFAI Asset Alanagement LLC Page 77
PUB FACILITY EXP CAP PROJ - 312
Analysis of Core Portfolio
45,000
40,000
35,000
30,000
25,000
20,000
15,000
10,000
5,000
o ~ o 0 0 0 0 0 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFI\I asset Dianagement LLC Page 78
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of ~kinter Springs, Florida
Account Name: TLBD PH2 Il~~IPRO~' FUND - 313
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 12:31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
1031; 2005
1031/2010
2:}
Quality of Cash Flow Alodel
Inadequate Cash Floc l~iodel - 1
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRlor~thh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ange:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~iunal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(33.0° o)
(7,067)
(172.2° o)
(22,9~d)
930: 2007
930 2005
10.0°0
1,377
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
930 2005
13,175
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-lahuity R:urge of Short-term Portfolio: 12 1~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
l~ia~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): 209
Short-Term Allocation: 30,873
Core Allocation: 13,178
Total Portfolio: q#,0~1
PFAI Asset Alanagement LLC Page 79
TLBD PH2 IMPROV FUND - 313
Analysis of Core Portfolio
500,000
450,000
400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
o ¢ a o ¢ a' o ¢ a o ¢ a' o ¢ a
^ Historical Shoat-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFI\I asset Dianagement LLC Page 80
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: HyIGP PROTECT FUND - 314
Nmuber of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 3312006
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
10'3ll2008
1031/2010
24
Quality of Cash Flow Alodel
Inadequate Cash Floc l~iodel - 1
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnclDate
Option 3=I"our Choice (~umal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
22.2° o
1,101
(121.7°0)
(Z~32)
930 2007
930 2008
10.0°0
6~7
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9x30'2008
Short-Teian Portfolio Anal~'sis Inputs
l~lasinnuu 1~Iahirit~ R:urge of Short-term Portfolio:
As of (month-end dnte):
nlalinnuu Weighted Aeerage nlahrrit~~ -Short Term Portfolio
l~ia~imum Weighted Aaerage biafirit~- -Short Term Portfolio
Combined Portfolio Weighted Aaerage blahuit~ Requirement (I',N)
12 bfonths
September-08
4~
4~
N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~-erage Alatuiity (in days):
Core Target Average b-Iahu~it~- (in daj'v):
Short-Term Portfolio (in dais):
36~
730
#DI~"/0!
Short-Term Allocation:
Core Allocation:
Total Portfolio:
PFAI Asset Alanagement LLC Page 81
HMGP PROJECT FUND - 314
Analysis of Core Portfolio
160,000
140,000
120,000
100,000
80,000
60,000
40,000
20,000
(20,000) ~ _ ~ ~ _ ~ ° _ ~ ° _ ~ ~ _
~ ~ z° ~ ~ z° ~ ~ z° ~ ~ z° ~
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$1
$1
1
$
1
$
$1
$1
0
$
0
$
$0
$0
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFni asset Dianagement LLC Page 82
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: TROT~'OOD Il~IPROV El~IENT FUND - 31 ~
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 1 31'2007
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
10'3ll2008
10 3112010
2:}
Quality of Cash Flow Alodel
Abo~ e Acerige Cash Flow Reliabilitti - 6
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~umal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(117.4°o)
(8,132)
3783°0
12.062
930: 2007
9 30 2008
10.0°0
361
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9x30'2008
Short-Teian Portfolio Anal~'sis Inputs
l~lasinnuu 1~Iahirit~ R:urge of Short-term Portfolio:
As of (month-end date):
nlalinnuu Weighted Aeerage nlahrrit~~ -Short Term Portfolio
l~ia~imum Weighted Aaerage biafirit~- -Short Term Portfolio
Combined Portfolio Weighted Aaerage blahuit~ Requirement (I',N)
12 bfonths
September-08
d~
4~
N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~-erage Alatuiity (in days):
Core Target Average b-Iahu~it~- (in daj'v):
Short-Term Portfolio (in dais):
36~
730
36~
Short-Term Allocation:
Core Allocation:
Total Portfolio:
222.800
0
222,800
PFm Asset Alanagement LLC Page 83
TROTWOOD IMPROVEMENT FUND - 315
Analysis of Core Portfolio
350,000
300,000
250,000
200,000
150,000
100,000
50,000
(50,000)
(100,000) ~ ~ ~ ~ ~ ~ ~ ~ ~
(150,000)
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$400
000
,
$350
000
,
300
000
$
.
$250,000
$200,000
150
000
$
.
$100,000
$50,000
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFni asset Dianagement LLC Page 8~
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: SENIOR CENTER EIPANSION - 316
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 3312006
End Date (must be month-end): 9 30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
10'3ll200S
10 3112010
2:}
Quality of Cash Flow Alodel
Below Average Caah Floc Reliability- - 4
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rate during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
34.E°'0
~,3~ 1
(q7.2°o)
(9,071)
9'30: 2007
930 2005
10.0°0
2.010
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
930'2005
2.615
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-lahuity R:urge of Short-term Portfolio: 12 1~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imunr Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eiglrted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Tenn Portfolio (in dais): (1,095)
Short-Term Allocation: 6~~
Core Allocation: 2.618
Total Portfolio: 3,273
PFm Asset Alanagement LLC Page 85
SENIOR CENTER EXPANSION - 316
Analysis of Core Portfolio
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
(100,000) ~ _ ~ ~ _ ~ ° _ ~ ° _ ~ ~ _
~ ~ z° ~ ~ z° ~ ~ z° ~ ~ z° ~
^ Historical Shoat-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
PFni asset Dianagement LLC Page 86
Note: I rojeeted eashJ7o~rs m based ora the stafrstieal h~erids of historic data. _-leh~a7 cash t7o~r pnttenos mm~ rm~~.
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: WATER AND SE«'ER FUND - 401
Nmuher of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9 30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
10'3ll200S
10 3112010
24
Quality of Cash Flow Alodel
Eieellent Cash Floc Reliability - 10
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(0.4°0)
(2,27)
(16.4° o )
(59,233 )
9'30: 2007
930 2005
10.0°0
X9,260
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9:30 2005
4,734,435
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-lahuity R:urge of Short-term Portfolio: 12 1~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahuity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Tei7n Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahuit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Target Average b-1ahu~it5- (in daj'v): 730
Short-Term Portfolio (in dais): (1,048)
Short-Term Allocation: 1,222,628
Core Allocation: 4,734,438
Total Portfolio: ~,9~7,066
PFm Asset Alanagement LLC Page 87
WATER AND SEWER FUND - 401
Analysis of Core Portfolio
10,000,000
9,000,000
8,000,000
7,000,000
6,000,000
5,000,000
4,000,000 ~ ~ ~` ~~~\ \\ ~\\~
3,000,00 i e\ \ \ \ \ \\ \ \\\
2,000,000 ~\\\\\\\\~
1,000,000 \\\\\\~\\\~
o~ o o a o ~ 0 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
1
400
000
$
,
,
1
200
000
$
.
.
1
000
000
$
.
.
$800,000
600
000
$
,
$400,000
$200,000
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFni asset Dianagement LLC Page 88
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: BOND SINhING FUND RESER~-E (BONI") - 401-11800
Nmuher of Separate Accomits (mas 50): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
Quality of Cash Flow Alodel
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata chrring a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9.30'2008
1,043,07
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-Iahuity R:urge of Short-term Portfolio: 12 l~lonths
1031; 2005
1031/2010
24
Good Cash Floc Reliability - 7
no
3.7°ro
3,749
2.0°0
2,033
930 2007
930 2005
10.0°0
10,802
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahuity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Tei7n Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahuit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 365
Core Target Average b-lahu~it5- (in daj'v): 730
Short-Term Portfolio (in dais): (1,095)
Short-Term Allocation: 260,877
Core Allocation: 1,043,07
Total Portfolio: 1,304,384
PFAI Asset Alanagement LLC Page 89
BOND SINKING FUND RESERVE (BONY) - 401-1 51 8 0 0
Analysis of Core Portfolio
1,400,000
1,200,000
1,000,000 \~\ \\\\\:~~:~~~~~\~ \\ \ \\
600,002 \\\\\\\\\
400A00 ~~~~~ ~~ ~ ~ ~ \~ ~~
\\
200,000 ~ \ \ ~~ \~\\
\~~ ~~\~~
o ~ 0 0 0 0 0 0 0 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFni asset Dianagement LLC Page 90
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: BOND SIlVhING FUND RESERVE - 2000 SERIES (SBA -POOL ~) - 401-11801
Nmuber of Separate Accomits (mas 50): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
1031; 2005
1031/2010
24
Quality of Cash Flow Alodel
Inadequate Cash Floc l~iodel - 1
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRlor~thh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ange:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~umal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(~4.4° o)
(23,SSi)
(462.6° o)
(64.96)
930: 2007
930 2005
10.0°0
1.098
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9x30'2005
Short-Teian Portfolio Anal~'sis Inputs
l~lasinnuu 1~Iahirit~ R:urge of Short-term Portfolio: 12 l~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahuity -Short Term Portfolio 4~
l~ia~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio Weighted Aaerage ~Iahu7t~~ Requirement (I',N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 365
Core Target Average b-lahu~it~- (in daj'v): 730
Short-Term Portfolio (in dais): 365
Short-Term Allocation: X26
Core Allocation: 0
Total Portfolio: 526
PFAI Asset Alanagement LLC Page 91
BOND SINKING FUND RESERVE - 2000 SERIES (SBA - POOL A) - 401-151801
Analysis of Core Portfolio
900,000
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
(100,000)
o
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Shoat-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$25
000
,
20
000
$
.
$15,000
10
000
,
$
$5,000
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFni asset Dianagement LLC Page )2
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: BOND SINhING FUND RESER~- E 2000 SERIES (SB ~ - POOL B) - 401-1 ~ 1802
Nmuber of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 1231'2007
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date): 10:31:2008
Last Projection Date (must be month-end date): 10 31,3010
Projection Period (In months) 24
Quality of Cash Flow Alodel ~DI~"-0!
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No) no
Growth Rate (Enter 1, 2, or 3): 1
Option 1=Historical Period Gro~~rth (annual rate): (202.0°0)
_=lver~ageRlontlrh ~ Chmzge: (9, 741)
Option 2=Crro«th rate during a specific period: »N%A
_lverage_llorrflrh~ C7rar~ge: ;+N-:A
_llonth Enc7 -Begin Dcite 930 2007
llontFr Encl - Enc/Date 930 2008
Option 3=four Choice (~mual Crrowth Rate) 10.0°0
_lverage:lfont1711 C:hcrr;fie: -N`a
Shoat-Tern Portfolio Cusluon: 20.0°'0
Compensating Balance Requirement: 0.00
Core Date: 9:;30'2008
Core Balance: ,-;1V'A
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-Iahuity R:urge of Short-term Portfolio: 12 l~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
l~ia~imum Weighted AaeraQe blafirit~ -Short Tenn Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Tenn Portfolio (in dais): #N/A
Short-Tenn Allocation: »Ni
Core Allocation: ~N:~
Total Portfolio: #N/A
PFm Asset Alanagement LLC Page 93
BOND SINKING FUND RESERVE 2000 SERIES (SBA -POOL B) - 401-1 51 8 0 2
Analysis of Core Portfolio
120,000
100,000
80,000
60,000
40,000
20,000
o ¢ a' o ¢ a' o ¢ a'
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$1
$1
1
$
1
$
$1
$1
0
$
0
$
$0
$0
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFni asset Dianagement LLC Page 9~1
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of ~kinter Springs, Florida
Account Name: BOND SINhING FUND - 2000 SERIES ("THE RESERVE") - 401-11803
Nmuber of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 3312005
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date): 10312008
Last Projection Date (must be month-end date): 10.3112010
Projection Period (In months) 24
Quality of Cash Flow Alodel ~DI~"-0!
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No) no
Growth Rate (Enter 1, 2, or 3): 1
Option 1=Historical Period Gro~~rth (annual rate): 1.5° o
_=lverageRlonthh~ Chmzge: 931
Option 2=Crro«th rate during a specific period: »N A
_lverage_llor~fl~h~ C7~ar~ge: .N-:A
_llonth Enc7 -Begin Dcite 930 2007
Month Encl - EnclDate 930 2005
Option 3=four Choice (~mual Crrowth Rate) 10.0°0
_lverage:lfont1711 C:hcrr;fie: -N`a
Shoat-Tern Portfolio Cusluon: 20.0°'0
Compensating Balance Requirement: 0.00
Core Date: 9:;30'2008
Core Balance: ,-;1V'A
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-Iahuity R:urge of Short-term Portfolio: 12 l~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
l~ia~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): #N/A
Short-Tenn Allocation: »Ni
Core Allocation: ~N:~
Total Portfolio: #N/A
PFm Asset Alanagement LLC Page 9~
BOND SINKING FUND - 2000 SERIES ("THE RESERVE") - 401-151803
Historical Analysis of Core Portfolio
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
~ ~ cn
^Historical Short-term Porffolio ^Historical Core
BOND SINKING FUND - 2000 SERIES ("THE RESERVE") - 401-151803
Analysis of Core Portfolio
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
o _ ~ o
^Historical Short-term Porffolio ^Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
Target Maturity Distribution of Short-Term Portfolio as of September-08
$1
$1
1
$
1
$
$1
$1
0
$
0
$
$0
$0
0
$
Oct-OS Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09
^Target Maturity Distribution ^Liquidity Requirements
PFI\I asset Dianagement LLC Page 96
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
1\Iunicipality: City of «'inter Springs, Florida
Account Name: DE~'ELOPbIENT SERB-ICES FUND - 420
Nmuber of Separate Accomits (mas 50): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9 30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In Itlonths)
10'3ll200S
10 3112010
24
Quality of Cash Flow Alodel
Inadequate Cash Floc l~iodel - 1
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rata during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~iunal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
no
1
(7.8°0)
(8,309 }
(73.3°0)
(61,390)
9'30: 2007
930 2008
10.0°0
5,89
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9:30 2005
X66,799
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-lahuity R:urge of Short-term Portfolio: 12 1~lonths
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 365
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): (1,095)
Short-Tenn Allocation: 141.700
Core Allocation: X66,799
Total Portfolio: 708,498
PFAI Asset Alanagement LLC Page 97
DEVELOPMENT SERVICES FUND - 420
Analysis of Core Portfolio
2,500,000
2,000,000
1,500,000
1,000,000
~~\~ ~~~\
~~~ ~~~~~
o~ o o a o ~ G o 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
PFni asset Dianagement LLC Page 98
Note: I rojeeted eashJ7o~rs m based ora the stafrstieal h~erids of historic data. _-leh~a7 cash t7o~r pnttenos mm~ rm~~.
Cash Flow Analysis Inputs (Inputs in Blue ma}~ be changed)
municipality: City of «'inter Springs, Florida
Account Name: STORl~I~'ATER FUND - 430
Nmuber of Separate Accomits (mas ~0): ~0
Start Date (must be month-end): 10-31 200
End Date (must be month-end): 9.30 "2008
Frequency (Always set at "1 "): 1
First Projection Date (must be month-end date):
Last Projection Date (must be month-end date):
Projection Period (In months)
Quality of Cash Flow Alodel
If you would like to project growth, enter "yes" and select a growth option
Project (Urowth? (Yes or No)
Growth Rate (Enter 1, 2, or 3):
Option 1=Historical Period Gro~~rth (annual rate):
lv°erageRionthh ~ Change:
Option 2=Crro~~th rate during a specific period:
_lverage llonthh~ C7~ar~ge:
Month EncJ -Begin Date
1llonth Encl - EnciDate
Option 3=I"our Choice (~mnal Crro~~#h Rate)
_ltierage ~lfonthlr Change:
Shoat-Term Portfolio Cusluon:
Compensating Balance Requirement:
Core Date:
Core Balance:
20.0°n
0.00
9:30'2005
690,43
Short-Teian Portfolio Anal~'sis Inputs
blasinnuu b-Iahuity R:urge of Short-term Portfolio: 12 l~lonths
10'3ll200S
1031/2010
24
Acerige Cash Floc Reliabilitti - ~
no
26.6° o
1 x,336
(0.9°0)
(~94)
930 2007
930 2005
10.0°0
7,124
As of (month-end date): September-08
nlalinnuu Weighted A~ erage nlahrrity -Short Term Portfolio 4~
1Ria~imum Weighted AaeraQe blafirit~ -Short Term Portfolio 4~
Combined Portfolio «'eighted Acrerage l~lahrrit~ Requirement (Y",N) N
If I"es (fill in the follo~~ ing)
Combined Portfolio Target yy'eighted A~ erage A~Iatuiity (in days): 36~
Core Taget Average l~,iahuit~ (in da~~s): 730
Short-Term Portfolio (in dais): (730)
Short-Term Allocation: 230,172
Core Allocation: 690,43
Total Portfolio: 920,607
PFm Asset Alanagement LLC Page 99
STORMWATER FUND -430
Analysis of Core Portfolio
1,200,000
1,000,000
800,000
600.000 ~~ ~~ ~\ ~ ~~ ~~~ ~\~\~~ ~\\` ~
400,000 ~~~ \\\\\\\\~
\~
2000°° ~ \ \ \`~\~\~\
\~\\\~
~~~ ~~~~~
o~ o o a o ~ G o 0 0
o ~ ~ o ~ ~ o ~ ~ o ~ ~ o ~ ~ o
^ Historical Short-term Porffolio ^ Historical Core ^ Projected Short-term Porffolio ®Projected Core
Note: I ~ ojeeted eashJ7o~rs m based on the staRsh'cal h~ends of historic data. _-Ieh~a7 cash t7o~r pnttenos mm~ rm~~.
PFI\I asset Dianagement LLC Page 100