Item 3B2Reference
Page 3
Page 3
Page 4
Page 4
Page 5
GENERAL FUND
PositiveGeneral Fund Exp. Vs. Rev.
Sales Tax Revenue (2 months prior activity)
Property Tax Revenue
Positive
Positive Positive
Positive
Positive
PERFORMANCE INDICATORS
Positive
Warning
Permit Revenues
Positive Positive
Departmental Expenditures Summary Positive
= Negative variance of 1-4% compared to seasonal trends
= Positive variance or negative variance <1% compared to seasonal trends.
PERFORMANCE AT A GLANCE
Year to Date 3 year Trend
Negative
MONTHLY FINANCIAL REPORT
April 2020
= Negative Variance of > 4% compared to seasonal trends.
Positive
City of Southlake Monthly Financial Report 1 5/14/2020
National GDP:
ECONOMIC INDICATORS
0.048
FINANCIAL ACTIVITY-4.80%
GDP is defined as the output of goods and services
produced by labor and property located in the
United States, The Bureau of Labor and Economic
Analysis reported that the "advance" estimated
GDP for the 1st quarter of 2020 decreased at a
rate of 4.8%.
The National Unemployment rate jumped to 14.7%
in April 2020 due to the COVID-19 crisis threw
millions out of work. Workers in the leisure and
hospitality industry suffered the highest
unemployment rate of any industry at 39.3% as of
April 2020.
National:
Texas Unemployment Rate
Housing Starts:
Housing starts in March 2020 were at a seasonally
adjusted rate of 1,216,000, which is 22.3% below
the revised previous month figure of 1,564,000, but
1.4% above the same month last year.
-22.3%
UNEMPLOYMENT RATES
14.7%
The Dallas/Fort Worth/Arlington Metropolitan Area
unemployment rate for March increased to 4.3%
when compared to 3.2% in February 2020. April
and May unemployment rates will see a larger
COVID-19 impact. Following the 2008 financial
crisis, the DFW area unemployment average was
just under 8% in 2009 and 2010.
4.30%
State-wide:4.70%
The Texas Unemployment rate for March 2020
increased to 4.7% from 3.5% in February 2020.
Based on recent unemployment claims, the Texas
unemployment rate is anticipated to be higher for
April and May. In a short seven-week period during
March and April, more than 1.8M Texans applied
for unemployment insurance, which is more than in
all of 2019.
DFW Area:
City of Southlake Monthly Financial Report 2 5/14/2020
FY 2020
REVENUE
FY 2020
EXPENDITURE VARIANCE
Oct 1,222,686$ 2,363,689$ (1,141,003)$
Nov 2,040,190$ 1,533,381$ 506,809$
Dec 11,056,112$ 2,902,978$ 8,153,134$
Jan 12,177,688$ 4,005,943$ 8,171,745$
Feb 7,400,320$ 3,154,520$ 4,245,800$
Mar 2,082,521$ 3,187,863$ (1,105,342)$
Apr 1,393,145$ 2,904,795$ (1,511,650)$
May -$ -$ -$
Jun -$ -$ -$
Jul -$ -$ -$
Aug -$ -$ -$
Sep -$
Tot 37,372,662$ 20,053,169$ 17,319,493$
POSITIVE
FY 2020 FY 2019 FY 2018
Oct 1,278,635$ 1,253,417$ 1,214,148$
Nov 1,309,584$ 1,140,440$ 1,272,500$
Dec 1,993,686$ 1,613,337$ 1,744,684$
Jan 1,360,873$ 1,030,047$ 1,135,430$
Feb 1,011,429$ 1,094,354$ 1,055,400$
Mar 1,162,936$ 1,321,691$ 1,251,079$
Apr -$ 1,294,023$ 1,096,365$
May -$ 1,295,321$ 1,363,921$
Jun -$ 1,274,338$ 1,292,089$
Jul -$ 1,179,145$ 1,206,050$
Aug 1,344,868$ 1,265,360$
Sep 1,354,327$ $1,227,621
Tot 8,117,142$ 15,195,307$ 15,124,646$
The outlook for the year was positive for the reporting period ending April 30,2020.However in the current environment with COVID -19,the executive team will closely monitor and adjust financial forecast
accordingly.
FY 2020 was off to a great start,year to date sales tax collections (sales from October 2019 through March 2020)are above the two previous years.FY 2020 collections are 8.91%and 5.79%above FY 2019 and
2018,respectively.The economic impact from COVID-19 will necessitate an amendment to the sales tax projections.As indicated on the chart,March 2020 sales were below both 2019 and 2018 sales for the same
period. The city will not receive collections from the sales that occurred in April until June.
POSITIVE
GENERAL FUND REVENUE VS EXPENDITURES 2020
OVERALL FUND PERFORMANCE:
REVENUE ANALYSIS
GENERAL FUND SALES TAX 2020-2018 COMPARISON
CHART OUTLOOK:
GENERAL FUND
CHART OUTLOOK:
$-
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
FY 2020 FY 2019 FY 2018
$-
$2,000,000
$4,000,000
$6,000,000
$8,000,000
$10,000,000
$12,000,000
$14,000,000
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
FY 2020 REVENUE FY 2020 EXPENDITURE 2019 EXPEND.
City of Southlake Monthly Financial Report 3 5/14/2020
GENERAL FUND
FY 2020 FY 2019 FY 2018
Oct 790,236$ 1,151,812$ 217,086$
Nov 1,426,054$ 1,552,708$ 1,832,023$
Dec 9,161,119$ 10,397,278$ 6,601,683$
Jan 10,088,389$ 9,985,201$ 12,435,268$
Feb 4,237,797$ 3,385,436$ 3,744,931$
Mar 420,930$ 395,710$ 196,116$
Apr 55,958$ 156,647$ 102,531$
May -$ -$ 99,690$
Jun -$ 312,620$ 426,191$
Jul *-$ (1,295,201)$ (1,431,282)$
Aug -$ 59,318$ -$
Sep -$ 46,464$ 137,747$
Tot 26,180,483$ 26,147,993$ 24,361,984$
POSITIVE
FY 2020 FY 2019 FY 2018
Oct 134,067$ 85,534$ 126,131$
Nov 238,528$ 75,588$ 145,755$
Dec 135,168$ 160,859$ 87,701$
Jan 204,931$ 121,526$ 126,075$
Feb 212,195$ 121,533$ 199,087$
Mar 126,842$ 186,152$ 229,059$
Apr 188,968$ 111,970$ 126,788$
May -$ 601,621$ 98,364$
Jun -$ 111,503$ 162,515$
Jul -$ 163,760$ 168,508$
Aug -$ 155,328$ 185,552$
Sep 474,884$ 223,441$
Tot 1,240,699$ 2,370,258$ 1,878,976$
POSITIVE
2020 YTD property tax collections ($26,180,483)are approximately 3.12%lower than 2019 YTD ($27,024,792)as of April.The tax rate reduction from .447 to .41 per $100 is the primary reason for the reduction in
revenue. As indicated on the chart, the majority of the property tax revenue is collected in the first few months of the fiscal year.
* Net transfer of TIF revenues to
TIF fund
The value of new construction permits ($58.0M+)issued for FY 2020 YTD is approximately 6.0%and 35.3%lower when compared to FY 2019 and FY 2018 respectively.However,as indicated on the chart the overall
permit revenue is trending higher than the FY 2019 and FY 2018 by 43.7% and 19.2%, respectively.
PERMIT REVENUE 2020-2018 COMPARISON
CHART OUTLOOK:
REVENUE ANALYSIS (continued)
PROPERTY TAX 3 YEAR TREND
CHART OUTLOOK:
$(4,000,000)
$(2,000,000)
$-
$2,000,000
$4,000,000
$6,000,000
$8,000,000
$10,000,000
$12,000,000
$14,000,000
Oct Nov Dec Jan Feb Mar Apr May Jun Jul *Aug
FY 2020 FY 2019 FY 2018
$-
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
FY 2020 FY 2019 FY 2018
City of Southlake Monthly Financial Report 4 5/14/2020
FY 2020 YTD
(APRIL)
FY 2019 YTD
(APRIL)FY 2020 BUDGET FY 2020 % SPENT
558,658$ 536,610$ 1,034,611$ 54.00%
256,463$ 251,922$ 486,472$ 52.72%
2,980,204$ 3,074,942$ 6,076,456$ 49.05%
273,313$ 258,853$ 527,181$ 51.84%
9,964,857$ 9,674,291$ 18,451,018$ 54.01%
78,045$ 71,132$ 154,872$ 50.39%
1,333,364$ 1,408,345$ 2,509,163$ 53.14%
417,901$ 413,044$ 866,157$ 48.25%
1,463,242$ 1,264,262$ 2,858,866$ 51.18%
1,158,309$ 1,204,383$ 2,293,889$ 50.50%
2,534,522$ 2,419,227$ 4,846,636$ 52.29%
1,087,101$ 820,809$ 1,781,845$ 61.01%
22,105,979$ 21,397,820$ 41,887,166$ 52.78%19,781,187$
CHART OUTLOOK:
694,744$
2,312,114$
(4,857)$
1,135,580$ PDS
(198,980)$
253,868$
8,486,161$
76,827$
1,175,799$
448,256$
1,395,624$
CSO
BUDGET VARIANCE
475,953$
3,096,252$
46,074$
(115,295)$
(266,292)$
(708,159)$
As indicated on the chart the 2020 expenditures are higher when comparable to 2019 expenditures for the same period with an increase of 3.31%primarily due to approved public safety pay plan adjustments and true-
up of IT investments. Overall fund expenditures are trending below budget.
FY 2019/2020 YTD
VARIANCE
(22,048)$
94,738$
(14,460)$
(290,566)$
(6,913)$
74,981$
SS
Totals
PW
CMO
CS
COMM
DPS
ED
FIN
HR
IT
DEPARTMENTAL EXPENDITURES SUMMARY
(4,541)$ 230,009$
EXPENDITURE ANALYSIS
POSITIVE
$-
$2,000,000
$4,000,000
$6,000,000
$8,000,000
$10,000,000
$12,000,000
$14,000,000
$16,000,000
$18,000,000
$20,000,000
CMO COMM CS CSO DPS ED FIN HR IT PDS PW SS
FY 2020 YTD (APRIL)FY 2019 YTD (APRIL)FY 2020 BUDGET
City of Southlake Monthly Financial Report 5 5/14/2020
City of Southlake
Investment Portfolio Summary
March 31, 2020
For the Quarter Ended
Prepared by
HilltopSecurities Asset Management
Table of Contents / Market Recap
Report Name
Executive Summary
Benchmark Comparison
Detail of Security Holdings
Change in Value
Earned Income
Investment Transactions
Amortization and Accretion
Projected Fixed Income Cash Flows
Certification Page
MARKET RECAP - MARCH 2020:
On February 24th the World Health Organization’s director general told journalists that the COVID-19
virus was not yet a global pandemic and that “it is still possible to contain the virus.” But within days,
the reality could no longer be denied and on March 11th the WHO finally made it official. Financial
markets had determined weeks earlier that the novel coronavirus was going to be a big problem and
stocks around the world were hammered. The ensuing flight to safety rally sent U.S. Treasury yields to
record lows. Meanwhile, other fixed income sectors came under enormous selling pressure as
investors foresaw massive credit deterioration and companies worked to build up cash reserves to
weather the storm. On March 3rd, in an emergency move, the Federal Reserve cut the fed funds
target rate by 50 basis points, noting in typically understated fashion, “The coronavirus poses evolving
risks to economic activity.” At the time, many market participants saw the Fed’s move as a panicked
reaction and they responded by panicking themselves, sending stock markets tumbling. The hits kept
coming: outbreaks of COVID-19 erupted in Seattle and New York and have now spread to most major
metropolitan areas; sports leagues began suspending and then cancelling games, seasons, and
tournaments; conference organizers around the nation cancelled events; schools sent students home;
local governments started by ordering restaurants to close and banning public gatherings before
eventually issuing mandatory “stay-at-home” orders for all non-essential activities.” This list goes on
and on.
With the economic engine switched to off, policy makers were forced to respond. On Sunday, March
15th, the Fed pulled out all the stops, slicing the fed funds rate by a full percentage point to a range of
0%-0.25%. The Fed also implemented massive quantitative easing, expanded repo operations,
lowered the interest rate on excess reserves, and established a lending facility to support money
market funds and the commercial paper market. There was more to come. By the third week of March,
first time claims for unemployment benefits would skyrocket with nearly 3.3 million Americans filing for
benefits. This would spur Congress to pass the Coronavirus Aid, Relief, and Economic Security Act, or
“CARES Act”, a massive $2 trillion relief package intended to cushion the blow for both employees and
employers, as well as provide support for the many companies buckling under the strain of the sudden
stoppage of business. Central banks and governments around the world would join the U.S. in cutting
interest rates and passing relief measures.
We won’t bother recapping March’s slate of economic data. Suffice it to say, in the weeks and months
ahead we will bear witness to an abrupt economic downturn unlike anything we have ever seen. While
the data will be terrible, the impact on lives and livelihoods will be worse. The major U.S. stock indexes
suffered declines of more than 30% from the record highs reached in mid-February, clawing back
three years of gains. A post-CARES Act rally in the final week of the month would briefly stem the
slide. U.S. Treasury yields plummeted during March with the two-year note closing the month at 0.25%
and the 10-year at 0.67%. At one point in late March, much of the curve inside of a year was trading at
negative yields. It appears a deep (hopefully short-lived) recession is imminent. A zero rate
environment is the new norm for the foreseeable future.
Page 2 of 17
City of Southlake
Investment Officers' Certification
This report is prepared for the City of Southlake (the “Entity”) in accordance with Chapter 2256 of the Texas Public Funds Investment Act ("PFIA"). Section
2256.023(a) of the PFIA states that: “Not less than quarterly, the investment officer shall prepare and submit to the governing body of the entity a written report
of the investment transactions for all funds covered by this chapter for the preceding reporting period.” This report is signed by the Entity’s investment officers
and includes the disclosures required in the PFIA. To the extent possible, market prices have been obtained from independent pricing sources.
The investment portfolio complied with the PFIA and the Entity’s approved Investment Policy and Strategy throughout the period. All investment transactions
made in the portfolio during this period were made on behalf of the Entity and were made in full compliance with the PFIA and the approved Investment Policy.
March 31, 2020
For the Quarter Ended
Officer Names and Titles:
Name: Sharen Jackson Title: Chief Financial Officer
Name: Mary Morgan Title: Deputy Director of Finance
Page 3 of 17
Sharen Jackson
Mary Morgan
Executive Summary
As of 03/31/20
City of Southlake
146,491,069.29
146,409,983.36
146,481,719.99
81,085.93 Unrealized Gain /(Loss)
Par Value
Book Value
Beginning Values as of 12/31/19
Market Value
Market Value % 100.06%
Weighted Avg. YTW
Weighted Avg. YTM 1.805%
1.805%
Account Summary
Ending Values as of 03/31/20
169,555,695.79
168,947,335.12
168,867,802.19
608,360.67
100.36%
1.405%
1.405%
Allocation by Security Type
AGCY BULLET 12%
CP 13%
LGIP 47%
MUNICIPAL 3%
TREASURY 24%
Total:100%
US TREAS 24%
TEXSTAR 22%
TEXPOOL 20%
FHLB 6%
FNMA 4%
TXCLASS 3%
Other Issuers 21%
Total:100%
Allocation by Issuer
0%
10%
20%
30%
40%
50%
Overnight 2 - 90 Days 91 - 180 Days 6 - 12 Months
47%
17%
3%
33%
Maturity Distribution %
Weighted Average Days to Maturity: 100
A-1+16%
AAA 84%
Total:100%
Credit Quality
Page 1 of 1Print Date: 4/23/2020 Print Time: 3:24 pm
Page 4 of 17
As of 03/31/2020
Benchmark Comparison
City of Southlake
0.00%
0.40%
0.80%
1.20%
1.60%
2.00%
2.40%
2.80%
Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20
1-YR CMT 3-MO CMT 6-MO CMT TEXPOOL City of Southlake
Note 2: Benchmark data for TexPool is the monthly average yield.
Note 1: CMT stands for Constant Maturity Treasury. This data is published in Federal Reserve Statistical Release H.15 and represents an average of all actively traded Treasury securities having that time remaining until maturity. This is a
standard industry benchmark for Treasury securities. The CMT benchmarks are moving averages. The 3-month CMT is the daily average for the previous 3 months, the 6-month CMT is the daily average for the previous 6 months, and the
1-year and 2-year CMT's are the daily averages for the previous 12-months.
Page 1 of 1Print Time: 3:25 pmPrint Date: 4/23/2020
Page 5 of 17
Mty DateCUSIPSec. Description CPN Par Value Orig Cost Book Value Market Value
Detail of Security Holdings
As of 03/31/2020
Sec. Type
Mkt
Price
Days
to Mty
Days
to CallNext Call
City of Southlake
YTM
Settle
Date YTWCall Type
Purch
Price
Crime Control District
4,186,921.72 4,186,921.72 4,186,921.72 4,186,921.72TEXSTARTexSTAR 1LGIP 100.000 100.000 0.957 0.957
4,186,921.72 4,186,921.72 4,186,921.72 4,186,921.72 1Total for Crime Control District 100.000 100.000 0.957 0.957
General Operating
1,113,855.59 1,113,855.59 1,113,855.59 1,113,855.59LNSTCRPLoneStar Corp O/N 1LGIP 100.000 100.000 1.500 1.500
2,680,125.62 2,680,125.62 2,680,125.62 2,680,125.62LNSTGOVLoneStar Gov O/N 1LGIP 100.000 100.000 1.110 1.110
33,439,261.47 33,439,261.47 33,439,261.47 33,439,261.47TEXPOOLTexPool 1LGIP 100.000 100.000 1.003 1.003
29,293,163.39 29,293,163.39 29,293,163.39 29,293,163.39TEXSTARTexSTAR 1LGIP 100.000 100.000 0.957 0.957
5,296,746.17 5,296,746.17 5,296,746.17 5,296,746.17TXCLASSTexas CLASS 1LGIP 100.000 100.000 1.470 1.470
5,000,000.00 5,000,000.00 5,000,000.00 5,006,600.0003/19/20 2.000 2.000Columbia Univ19865BAG4CP - INT 2.000 05/13/20 100.000 100.132 43
5,000,000.00 4,990,277.78 4,993,055.55 4,990,706.5003/12/20 1.002 1.002Baylor Scott & White07287CEM0CP - DISC 05/21/20 99.806 99.814 51
5,000,000.00 4,999,250.00 4,999,880.45 5,019,838.0005/31/19 2.325 2.325FFCB3133EKMP8AGCY BULET 2.310 05/28/20 99.985 100.397 58
5,000,000.00 4,988,194.44 4,991,111.10 4,980,924.5003/11/20 1.002 1.002Exxon Mobil30229AF46CP - DISC 06/04/20 99.764 99.618 65
2,350,000.00 2,350,000.00 2,350,000.00 2,348,049.5009/17/19 1.980 1.980Univ of NC09657TGJ6CP - INT 1.980 06/11/20 100.000 99.917 72
6,000,000.00 5,934,660.00 5,987,278.08 6,016,602.6004/23/19 2.454 2.454FNMA3135G0D75AGCY BULET 1.500 06/22/20 98.911 100.277 83
5,000,000.00 5,021,950.00 5,020,691.70 5,056,400.0003/23/20 2.922 2.922State of TX882724PY7MUNICIPAL 4.000 08/27/20 100.439 101.128 149
5,000,000.00 4,936,455.56 4,953,416.65 4,962,134.0001/21/20 1.742 1.742Royal Bank of Canada78009AKD5CP - DISC 10/13/20 98.729 99.243 196
5,000,000.00 5,003,515.63 5,002,942.75 5,040,039.0002/21/20 1.514 1.514U.S. Treasury9128282Z2TREAS NOTE 1.625 10/15/20 100.070 100.801 198
5,000,000.00 4,999,750.00 4,999,859.30 5,036,131.5010/25/19 1.630 1.630FHLB3130AHEM1AGCY BULET 1.625 10/23/20 99.995 100.723 206
5,000,000.00 4,999,750.00 4,999,859.30 5,036,131.5010/25/19 1.630 1.630FHLB3130AHEM1AGCY BULET 1.625 10/23/20 99.995 100.723 206
5,000,000.00 4,969,921.88 4,987,080.90 5,051,172.0005/31/19 2.172 2.172U.S. Treasury9128283G3TREAS NOTE 1.750 11/15/20 99.398 101.023 229
5,000,000.00 5,008,398.44 5,007,153.70 5,051,172.0002/21/20 1.517 1.517U.S. Treasury9128283G3TREAS NOTE 1.750 11/15/20 100.168 101.023 229
5,000,000.00 5,012,500.00 5,009,703.45 5,061,719.0001/17/20 1.597 1.597U.S. Treasury9128283L2TREAS NOTE 1.875 12/15/20 100.250 101.234 259
5,000,000.00 5,022,265.63 5,019,556.80 5,075,000.0002/21/20 1.498 1.498U.S. Treasury9128283Q1TREAS NOTE 2.000 01/15/21 100.445 101.500 290
5,000,000.00 5,037,304.69 5,033,152.75 5,093,359.5002/21/20 1.483 1.483U.S. Treasury9128283X6TREAS NOTE 2.250 02/15/21 100.746 101.867 321
5,000,000.00 5,047,265.63 5,042,451.70 5,107,422.0002/21/20 1.475 1.475U.S. Treasury9128284B3TREAS NOTE 2.375 03/15/21 100.945 102.148 349
5,000,000.00 5,038,867.19 5,032,338.75 5,104,492.0001/17/20 1.594 1.594U.S. Treasury912828C57TREAS NOTE 2.250 03/31/21 100.777 102.090 365
160,173,152.24 160,183,479.11 160,252,685.17 160,861,045.84 105Total for General Operating 100.008 100.431 1.429 1.429
Print Date: 4/23/2020 Print Time: 3:26 pm Page 1 of 2
Page 6 of 17
Mty DateCUSIPSec. Description CPN Par Value Orig Cost Book Value Market Value
Detail of Security Holdings
As of 03/31/2020
Sec. Type
Mkt
Price
Days
to Mty
Days
to CallNext Call
City of Southlake
YTM
Settle
Date YTWCall Type
Purch
Price
Parks Development Corporation
4,507,728.23 4,507,728.23 4,507,728.23 4,507,728.23TEXSTARTexSTAR 1LGIP 100.000 100.000 0.957 0.957
4,507,728.23 4,507,728.23 4,507,728.23 4,507,728.23 1Total for Parks Development Corporation 100.000 100.000 0.957 0.957
168,867,802.19 168,878,129.06 168,947,335.12 169,555,695.79 100Total for City of Southlake 100.007 100.409 1.405 1.405 0
Print Date: 4/23/2020 Print Time: 3:26 pm Page 2 of 2
Page 7 of 17
CUSIP
Change in Value
From 12/31/2019 to 03/31/2020
Amortization /
Accretion
Realized
Gain/(Loss) Book Value
Cost of
Purchases
Market ValueMarket Value
Book Value
Maturities /
Calls / Sales
City of Southlake
Change in
Mkt Value
12/31/19 03/31/20 03/31/2012/31/19Security Type Security Description
Community Enhancement Dev Corp
TEXPOOL 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 LGIP 0.00 TexPool
0.00 0.00 Total for Community Enhancement Dev Corp 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Crime Control District
TEXSTAR 0.00 4,186,921.72 4,172,831.72 4,186,921.72 4,172,831.72 14,090.00 0.00 0.00 LGIP 14,090.00 TexSTAR
4,186,921.72 0.00 Total for Crime Control District 4,172,831.72 4,186,921.72 4,172,831.72 14,090.00 0.00 0.00 14,090.00
General Operating
LNSTCRP 0.00 1,113,855.59 1,109,244.30 1,113,855.59 1,109,244.30 4,611.29 0.00 0.00 LGIP 4,611.29 LoneStar Corp O/N
LNSTGOV 0.00 2,680,125.62 2,670,715.39 2,680,125.62 2,670,715.39 9,410.23 0.00 0.00 LGIP 9,410.23 LoneStar Gov O/N
TEXPOOL 0.00 33,439,261.47 47,213,772.42 33,439,261.47 47,213,772.42 7,438,179.80 0.00 (21,212,690.75)LGIP (13,774,510.95)TexPool
TEXSTAR 0.00 29,293,163.39 25,198,152.94 29,293,163.39 25,198,152.94 4,095,010.45 0.00 0.00 LGIP 4,095,010.45 TexSTAR
TXCLASS 0.00 5,296,746.17 5,274,444.65 5,296,746.17 5,274,444.65 22,301.52 0.00 0.00 LGIP 22,301.52 Texas CLASS
46640PAH6 0.00 0.00 1,998,469.00 0.00 1,997,724.44 0.00 2,275.56 (2,000,000.00)CP - DISC (1,998,469.00)J.P.Morgan Sec 0.000 01/17/20
13068CEA9 0.00 0.00 5,000,781.50 0.00 5,000,000.00 0.00 0.00 (5,000,000.00)CP - INT (5,000,781.50)State of CA 1.730 03/11/20
313378J77 0.00 0.00 6,002,509.20 0.00 5,993,163.60 0.00 6,836.40 (6,000,000.00)AGCY BULET (6,002,509.20)FHLB 1.875 03/13/20
19865BAG4 0.00 5,000,000.00 0.00 5,006,600.00 0.00 5,000,000.00 0.00 0.00 CP - INT 5,006,600.00 Columbia Univ 2.000 05/13/20
07287CEM0 0.00 4,993,055.55 0.00 4,990,706.50 0.00 4,990,277.78 2,777.77 0.00 CP - DISC 4,990,706.50 Baylor Scott & White 0.000 05/21/20
3133EKMP8 0.00 4,999,880.45 5,015,370.50 5,019,838.00 4,999,691.70 0.00 188.75 0.00 AGCY BULET 4,467.50 FFCB 2.310 05/28/20
30229AF46 0.00 4,991,111.10 0.00 4,980,924.50 0.00 4,988,194.44 2,916.66 0.00 CP - DISC 4,980,924.50 Exxon Mobil 0.000 06/04/20
09657TGJ6 0.00 2,350,000.00 2,351,245.50 2,348,049.50 2,350,000.00 0.00 0.00 0.00 CP - INT (3,196.00)Univ of NC 1.980 06/11/20
3135G0D75 0.00 5,987,278.08 5,995,782.60 6,016,602.60 5,973,142.68 0.00 14,135.40 0.00 AGCY BULET 20,820.00 FNMA 1.500 06/22/20
3136G4PC1 0.00 0.00 5,000,551.00 0.00 4,983,024.35 0.00 16,975.65 (5,000,000.00)AGCY CALL (5,000,551.00)FNMA 1.750 07/24/20
882724PY7 0.00 5,020,691.70 0.00 5,056,400.00 0.00 5,021,950.00 (1,258.30) 0.00 MUNICIPAL 5,056,400.00 State of TX 4.000 08/27/20
78009AKD5 0.00 4,953,416.65 0.00 4,962,134.00 0.00 4,936,455.56 16,961.09 0.00 CP - DISC 4,962,134.00 Royal Bank of Canada 0.000 10/13/20
9128282Z2 0.00 5,002,942.75 0.00 5,040,039.00 0.00 5,003,515.63 (572.88) 0.00 TREAS NOTE 5,040,039.00 U.S. Treasury 1.625 10/15/20
3130AHEM1 0.00 9,999,718.60 9,997,042.00 10,072,263.00 9,999,592.50 0.00 126.10 0.00 AGCY BULET 75,221.00 FHLB 1.625 10/23/20
9128283G3 0.00 9,994,234.60 5,004,006.00 10,102,344.00 4,981,924.10 5,008,398.44 3,912.06 0.00 TREAS NOTE 5,098,338.00 U.S. Treasury 1.750 11/15/20
9128283L2 0.00 5,009,703.45 0.00 5,061,719.00 0.00 5,012,500.00 (2,796.55) 0.00 TREAS NOTE 5,061,719.00 U.S. Treasury 1.875 12/15/20
9128283Q1 0.00 5,019,556.80 0.00 5,075,000.00 0.00 5,022,265.63 (2,708.83) 0.00 TREAS NOTE 5,075,000.00 U.S. Treasury 2.000 01/15/21
9128283X6 0.00 5,033,152.75 0.00 5,093,359.50 0.00 5,037,304.69 (4,151.94) 0.00 TREAS NOTE 5,093,359.50 U.S. Treasury 2.250 02/15/21
Print Date: 4/23/2020 Print Time: 3:26 pm Page 1 of 2
Page 8 of 17
CUSIP
Change in Value
From 12/31/2019 to 03/31/2020
Amortization /
Accretion
Realized
Gain/(Loss) Book Value
Cost of
Purchases
Market ValueMarket Value
Book Value
Maturities /
Calls / Sales
City of Southlake
Change in
Mkt Value
12/31/19 03/31/20 03/31/2012/31/19Security Type Security Description
General Operating
9128284B3 0.00 5,042,451.70 0.00 5,107,422.00 0.00 5,047,265.63 (4,813.93) 0.00 TREAS NOTE 5,107,422.00 U.S. Treasury 2.375 03/15/21
912828C57 0.00 5,032,338.75 0.00 5,104,492.00 0.00 5,038,867.19 (6,528.44) 0.00 TREAS NOTE 5,104,492.00 U.S. Treasury 2.250 03/31/21
3134GULE8 0.00 0.00 9,993,592.00 0.00 10,000,000.00 0.00 0.00 (10,000,000.00)AGCY CALL (9,993,592.00)FHLMC 2.000 10/28/21
160,252,685.17 0.00 Total for General Operating 137,825,679.00 160,861,045.84 137,744,593.07 71,676,508.28 (49,212,690.75) 44,274.57 23,035,366.84
Parks Development Corporation
TEXPOOL 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 LGIP 0.00 TexPool
TEXSTAR 0.00 4,507,728.23 4,492,558.57 4,507,728.23 4,492,558.57 15,169.66 0.00 0.00 LGIP 15,169.66 TexSTAR
4,507,728.23 0.00 Total for Parks Development Corporation 4,492,558.57 4,507,728.23 4,492,558.57 15,169.66 0.00 0.00 15,169.66
0.00 168,947,335.12 Total for City of Southlake 146,491,069.29 169,555,695.79 146,409,983.36 71,705,767.94 (49,212,690.75) 44,274.57 23,064,626.50
Print Date: 4/23/2020 Print Time: 3:26 pm Page 2 of 2
Page 9 of 17
From 12/31/2019 to 03/31/2020
City of Southlake
Beg. Accrued Net Income Security DescriptionCUSIP Disc Accr /
Prem Amort
Earned Income
Interest Earned Interest Rec'd /
Sold / Matured
Interest Purchased Ending AccruedSecurity Type
Community Enhancement Dev Corp
0.00 0.00 0.00 0.00 0.00 0.00 Total for Community Enhancement Dev Corp 0.00
Crime Control District
TEXSTAR TexSTAR 0.00 14,090.00 0.00 0.00 14,090.00 14,090.00 LGIP 0.00
0.00 14,090.00 0.00 14,090.00 0.00 14,090.00 Total for Crime Control District 0.00
General Operating
LNSTCRP LoneStar Corp O/N 0.00 4,611.29 0.00 0.00 4,611.29 4,611.29 LGIP 0.00
LNSTGOV LoneStar Gov O/N 0.00 9,410.23 0.00 0.00 9,410.23 9,410.23 LGIP 0.00
TEXPOOL TexPool 0.00 169,292.45 0.00 0.00 169,292.45 169,292.45 LGIP 0.00
TEXSTAR TexSTAR 0.00 95,010.45 0.00 0.00 95,010.45 95,010.45 LGIP 0.00
TXCLASS Texas CLASS 0.00 22,301.52 0.00 0.00 22,301.52 22,301.52 LGIP 0.00
46640PAH6 J.P.Morgan Sec 0.000 01/17/20 0.00 2,275.56 0.00 0.00 0.00 0.00 CP - DISC 2,275.56
13068CEA9 State of CA 1.730 03/11/20 0.00 16,543.71 4,739.73 0.00 16,543.71 21,283.44 CP - INT 0.00
313378J77 FHLB 1.875 03/13/20 0.00 29,336.40 33,750.00 0.00 22,500.00 56,250.00 AGCY BULET 6,836.40
19865BAG4 Columbia Univ 2.000 05/13/20 (277.78) 3,611.11 0.00 3,888.89 3,611.11 0.00 CP - INT 0.00
07287CEM0 Baylor Scott & White 0.000 05/21/20 0.00 2,777.77 0.00 0.00 0.00 0.00 CP - DISC 2,777.77
3133EKMP8 FFCB 2.310 05/28/20 0.00 29,063.75 10,587.50 39,462.50 28,875.00 0.00 AGCY BULET 188.75
30229AF46 Exxon Mobil 0.000 06/04/20 0.00 2,916.66 0.00 0.00 0.00 0.00 CP - DISC 2,916.66
09657TGJ6 Univ of NC 1.980 06/11/20 0.00 11,761.75 13,700.50 25,462.25 11,761.75 0.00 CP - INT 0.00
3135G0D75 FNMA 1.500 06/22/20 0.00 36,635.40 2,250.00 24,750.00 22,500.00 0.00 AGCY BULET 14,135.40
3136G4PC1 FNMA 1.750 07/24/20 0.00 22,565.93 38,159.72 0.00 5,590.28 43,750.00 AGCY CALL 16,975.65
882724PY7 State of TX 4.000 08/27/20 (109,836.07) 3,659.73 0.00 114,754.10 4,918.03 0.00 MUNICIPAL (1,258.30)
78009AKD5 Royal Bank of Canada 0.000 10/13/20 0.00 16,961.09 0.00 0.00 0.00 0.00 CP - DISC 16,961.09
9128282Z2 U.S. Treasury 1.625 10/15/20 (28,637.30) 8,306.90 0.00 37,517.08 8,879.78 0.00 TREAS NOTE (572.88)
3130AHEM1 FHLB 1.625 10/23/20 0.00 40,751.10 30,694.44 71,319.44 40,625.00 0.00 AGCY BULET 126.10
9128283G3 U.S. Treasury 1.750 11/15/20 (23,557.69) 35,402.45 11,298.08 66,346.16 31,490.39 0.00 TREAS NOTE 3,912.06
9128283L2 U.S. Treasury 1.875 12/15/20 (8,452.87) 16,414.51 0.00 27,663.93 19,211.06 0.00 TREAS NOTE (2,796.55)
9128283Q1 U.S. Treasury 2.000 01/15/21 (10,164.84) 8,280.18 0.00 21,153.85 10,989.01 0.00 TREAS NOTE (2,708.83)
9128283X6 U.S. Treasury 2.250 02/15/21 (1,854.40) 8,210.69 0.00 14,217.03 12,362.63 0.00 TREAS NOTE (4,151.94)
9128284B3 U.S. Treasury 2.375 03/15/21 (51,871.57) 8,175.23 0.00 5,485.73 12,989.16 59,375.00 TREAS NOTE (4,813.93)
912828C57 U.S. Treasury 2.250 03/31/21 (33,504.10) 16,524.84 0.00 307.38 23,053.28 56,250.00 TREAS NOTE (6,528.44)
Print Time: 3:26 pmPrint Date: 4/23/2020 Page 1 of 2
Page 10 of 17
From 12/31/2019 to 03/31/2020
City of Southlake
Beg. Accrued Net Income Security DescriptionCUSIP Disc Accr /
Prem Amort
Earned Income
Interest Earned Interest Rec'd /
Sold / Matured
Interest Purchased Ending AccruedSecurity Type
General Operating
3134GULE8 FHLMC 2.000 10/28/21 0.00 15,000.00 35,000.00 0.00 15,000.00 50,000.00 AGCY CALL 0.00
(268,156.62) 635,800.70 452,328.34 591,526.13 180,179.97 587,534.38 Total for General Operating 44,274.57
Parks Development Corporation
TEXSTAR TexSTAR 0.00 15,169.66 0.00 0.00 15,169.66 15,169.66 LGIP 0.00
0.00 15,169.66 0.00 15,169.66 0.00 15,169.66 Total for Parks Development Corporation 0.00
(268,156.62) 665,060.36 180,179.97 452,328.34 620,785.79 616,794.04 Total for City of Southlake 44,274.57
Print Time: 3:26 pmPrint Date: 4/23/2020 Page 2 of 2
Page 11 of 17
Investment Transactions
CUSIP Price Total AmountSecurity Description
From 01/01/2020 to 03/31/2020
Security
Type Coupon Mty Date Call Date
Trade
Date
Settle
Date Par Value
City of Southlake
Realized
Gain / Loss YTM YTW
Principal
Amount
Int Purchased /
Received
General Operating
Calls
100.00007/24/20 1.750FNMAAGCY CALL3136G4PC101/24/2001/23/20 5,000,000.00 5,000,000.00 2.360 1.750 0.00 5,000,000.00 01/24/20
100.00010/28/21 2.000FHLMCAGCY CALL3134GULE801/28/2001/27/20 10,000,000.00 10,050,000.00 2.000 1.999 50,000.00 10,000,000.00 01/28/20
15,050,000.00 15,000,000.00 Total for: Calls 2.120 1.916 15,000,000.00 50,000.00
Maturities
100.00001/17/20J.P.Morgan SecCP - DISC46640PAH601/17/2001/17/20 2,000,000.00 2,000,000.00 2.610 0.00 2,000,000.00
100.00003/11/20 1.730State of CACP - INT13068CEA903/11/2003/11/20 5,000,000.00 5,021,283.44 1.730 21,283.44 5,000,000.00
100.00003/13/20 1.875FHLBAGCY BULET313378J7703/13/2003/13/20 6,000,000.00 6,000,000.00 2.452 0.00 6,000,000.00
13,021,283.44 13,000,000.00 Total for: Maturities 2.198 13,000,000.00 21,283.44
Purchases
100.77703/31/21 2.250U.S. TreasuryTREAS NOTE912828C5701/17/2001/16/20 5,000,000.00 5,072,371.29 1.594 1.594 33,504.10 5,038,867.19
100.25012/15/20 1.875U.S. TreasuryTREAS NOTE9128283L201/17/2001/16/20 5,000,000.00 5,020,952.87 1.597 1.597 8,452.87 5,012,500.00
98.72910/13/20Royal Bank of CanadaCP - DISC78009AKD501/21/2001/17/20 5,000,000.00 4,936,455.56 1.742 1.742 0.00 4,936,455.56
100.07010/15/20 1.625U.S. TreasuryTREAS NOTE9128282Z202/21/2002/20/20 5,000,000.00 5,032,152.93 1.514 1.514 28,637.30 5,003,515.63
100.16811/15/20 1.750U.S. TreasuryTREAS NOTE9128283G302/21/2002/20/20 5,000,000.00 5,031,956.13 1.517 1.517 23,557.69 5,008,398.44
100.44501/15/21 2.000U.S. TreasuryTREAS NOTE9128283Q102/21/2002/20/20 5,000,000.00 5,032,430.47 1.498 1.498 10,164.84 5,022,265.63
100.74602/15/21 2.250U.S. TreasuryTREAS NOTE9128283X602/21/2002/20/20 5,000,000.00 5,039,159.09 1.483 1.483 1,854.40 5,037,304.69
100.94503/15/21 2.375U.S. TreasuryTREAS NOTE9128284B302/21/2002/20/20 5,000,000.00 5,099,137.20 1.475 1.475 51,871.57 5,047,265.63
99.76406/04/20Exxon MobilCP - DISC30229AF4603/11/2003/10/20 5,000,000.00 4,988,194.44 1.002 1.002 0.00 4,988,194.44
99.80605/21/20Baylor Scott & WhiteCP - DISC07287CEM003/12/2003/12/20 5,000,000.00 4,990,277.78 1.002 1.002 0.00 4,990,277.78
100.00005/13/20 2.000Columbia UnivCP - INT19865BAG403/19/2003/18/20 5,000,000.00 5,000,277.78 2.000 2.000 277.78 5,000,000.00
100.43908/27/20 4.000State of TXMUNICIPAL882724PY703/23/2003/20/20 5,000,000.00 5,131,786.07 2.922 2.922 109,836.07 5,021,950.00
60,375,151.61 60,000,000.00 Total for: Purchases 1.612 1.612 60,106,994.99 268,156.62
Income Payments
07/24/20 1.750FNMAAGCY CALL3136G4PC101/24/2001/24/20 43,750.00 43,750.00 0.00
03/13/20 1.875FHLBAGCY BULET313378J7703/13/2003/13/20 56,250.00 56,250.00 0.00
03/15/21 2.375U.S. TreasuryTREAS NOTE9128284B303/15/2003/16/20 59,375.00 59,375.00 0.00
03/31/21 2.250U.S. TreasuryTREAS NOTE912828C5703/31/2003/31/20 56,250.00 56,250.00 0.00
Page 1 of 3Print Date: 4/23/2020 Print Time: 3:26 pm
Page 12 of 17
Investment Transactions
CUSIP Price Total AmountSecurity Description
From 01/01/2020 to 03/31/2020
Security
Type Coupon Mty Date Call Date
Trade
Date
Settle
Date Par Value
City of Southlake
Realized
Gain / Loss YTM YTW
Principal
Amount
Int Purchased /
Received
General Operating
215,625.00 Total for: Income Payments 0.00 215,625.00
Page 2 of 3Print Date: 4/23/2020 Print Time: 3:26 pm
Page 13 of 17
Investment Transactions
CUSIP Price Total AmountSecurity Description
From 01/01/2020 to 03/31/2020
Security
Type Coupon Mty Date Call Date
Trade
Date
Settle
Date Par Value
City of Southlake
Realized
Gain / Loss YTM YTW
Principal
Amount
Int Purchased /
Received
YTWYTMRealized G/LTotal AmountQuantityTransaction Type
15,050,000.00 15,000,000.00Total Calls 2.120 1.916
13,021,283.44 13,000,000.00Total Maturities 2.198
60,375,151.61 60,000,000.00Total Purchases 1.612 1.612
215,625.00 0.00Total Income Payments
Total for All Portfolios
Page 3 of 3Print Date: 4/23/2020 Print Time: 3:26 pm
Page 14 of 17
CUSIP
Amortization and Accretion
From 12/31/2019 to 03/31/2020
Purchase QtySettle Date
Orig
Price Original Cost
Amrt/Accr
for Period
Total Amrt/Accr
Since Purch
Remaining
Disc / Prem Book ValueNext Call Date
City of Southlake
Security DescriptionSecurity Type
General Operating
46640PAH6 0.00 2,275.56 0.00 0.00 0.0004/24/19 98.094 0.00J.P.Morgan Sec 0.000 01/17/20CP - DISC
13068CEA9 0.00 0.00 0.00 0.00 0.0012/12/19 100.000 0.00State of CA 1.730 03/11/20CP - INT
313378J77 0.00 6,836.40 0.00 0.00 0.0004/23/19 99.495 0.00FHLB 1.875 03/13/20AGCY BULET
19865BAG4 5,000,000.00 0.00 0.00 0.00 5,000,000.0003/19/20 100.000 5,000,000.00Columbia Univ 2.000 05/13/20CP - INT
07287CEM0 4,990,277.78 2,777.77 2,777.77 6,944.45 5,000,000.0003/12/20 99.806 4,993,055.55Baylor Scott & White 0.000 05/21/20CP - DISC
3133EKMP8 4,999,250.00 188.75 630.45 119.55 5,000,000.0005/31/19 99.985 4,999,880.45FFCB 2.310 05/28/20AGCY BULET
30229AF46 4,988,194.44 2,916.66 2,916.66 8,888.90 5,000,000.0003/11/20 99.764 4,991,111.10Exxon Mobil 0.000 06/04/20CP - DISC
09657TGJ6 2,350,000.00 0.00 0.00 0.00 2,350,000.0009/17/19 100.000 2,350,000.00Univ of NC 1.980 06/11/20CP - INT
3135G0D75 5,934,660.00 14,135.40 52,618.08 12,721.92 6,000,000.0004/23/19 98.911 5,987,278.08FNMA 1.500 06/22/20AGCY BULET
3136G4PC1 0.00 16,975.65 0.00 0.00 0.0005/31/19 99.313 0.00FNMA 1.750 07/24/20AGCY CALL 01/24/20
882724PY7 5,021,950.00 (1,258.30) (1,258.30) (20,691.70) 5,000,000.0003/23/20 100.439 5,020,691.70State of TX 4.000 08/27/20MUNICIPAL
78009AKD5 4,936,455.56 16,961.09 16,961.09 46,583.35 5,000,000.0001/21/20 98.729 4,953,416.65Royal Bank of Canada 0.000 10/13/20CP - DISC
9128282Z2 5,003,515.63 (572.88)(572.88) (2,942.75) 5,000,000.0002/21/20 100.070 5,002,942.75U.S. Treasury 1.625 10/15/20TREAS NOTE
3130AHEM1 9,999,500.00 126.10 218.60 281.40 10,000,000.0010/25/19 99.995 9,999,718.60FHLB 1.625 10/23/20AGCY BULET
9128283G3 9,978,320.32 3,912.06 15,914.28 5,765.40 10,000,000.0005/31/19 100.168 9,994,234.60U.S. Treasury 1.750 11/15/20TREAS NOTE
9128283L2 5,012,500.00 (2,796.55) (2,796.55) (9,703.45) 5,000,000.0001/17/20 100.250 5,009,703.45U.S. Treasury 1.875 12/15/20TREAS NOTE
9128283Q1 5,022,265.63 (2,708.83) (2,708.83) (19,556.80) 5,000,000.0002/21/20 100.445 5,019,556.80U.S. Treasury 2.000 01/15/21TREAS NOTE
9128283X6 5,037,304.69 (4,151.94) (4,151.94) (33,152.75) 5,000,000.0002/21/20 100.746 5,033,152.75U.S. Treasury 2.250 02/15/21TREAS NOTE
9128284B3 5,047,265.63 (4,813.93) (4,813.93) (42,451.70) 5,000,000.0002/21/20 100.945 5,042,451.70U.S. Treasury 2.375 03/15/21TREAS NOTE
912828C57 5,038,867.19 (6,528.44) (6,528.44) (32,338.75) 5,000,000.0001/17/20 100.777 5,032,338.75U.S. Treasury 2.250 03/31/21TREAS NOTE
3134GULE8 0.00 0.00 0.00 0.00 0.0010/28/19 100.000 0.00FHLMC 2.000 10/28/21AGCY CALL 01/28/20
44,274.57 88,360,326.87Total for General Operating 69,206.06 (79,532.93) 88,350,000.00 88,429,532.93
88,360,326.87 44,274.57 Total for City of Southlake 69,206.06 (79,532.93) 88,350,000.00 88,429,532.93 0.00 0
Print Date: 4/23/2020 Print Time: 3:26 pm Page 1 of 1
Page 15 of 17
CUSIP Pay Date Interest
City of Southlake
Projected Cash Flows
Total AmountSecurity Type
Cash Flows for next 180 days from 03/31/2020
Security Description Principal
General Operating
40,625.00 40,625.009128282Z2TREAS NOTE U.S. Treasury 1.625 10/15/20 04/15/20 0.00
81,250.00 81,250.003130AHEM1AGCY BULET FHLB 1.625 10/23/20 04/23/20 0.00
15,555.55 5,015,555.5519865BAG4CP - INT Columbia Univ 2.000 05/13/20 05/13/20 5,000,000.00
87,500.00 87,500.009128283G3TREAS NOTE U.S. Treasury 1.750 11/15/20 05/15/20 0.00
0.00 5,000,000.0007287CEM0CP - DISC Baylor Scott & White 0.000 05/21/20 05/21/20 5,000,000.00
57,750.00 5,057,750.003133EKMP8AGCY BULET FFCB 2.310 05/28/20 05/28/20 5,000,000.00
0.00 5,000,000.0030229AF46CP - DISC Exxon Mobil 0.000 06/04/20 06/04/20 5,000,000.00
34,071.14 2,384,071.1409657TGJ6CP - INT Univ of NC 1.980 06/11/20 06/11/20 2,350,000.00
46,875.00 46,875.009128283L2TREAS NOTE U.S. Treasury 1.875 12/15/20 06/15/20 0.00
45,000.00 6,045,000.003135G0D75AGCY BULET FNMA 1.500 06/22/20 06/22/20 6,000,000.00
50,000.00 50,000.009128283Q1TREAS NOTE U.S. Treasury 2.000 01/15/21 07/15/20 0.00
56,250.00 56,250.009128283X6TREAS NOTE U.S. Treasury 2.250 02/15/21 08/15/20 0.00
200,000.00 5,200,000.00882724PY7MUNICIPALState of TX 4.000 08/27/20 08/27/20 5,000,000.00
59,375.00 59,375.009128284B3TREAS NOTE U.S. Treasury 2.375 03/15/21 09/15/20 0.00
34,124,251.69Total for General Operating 774,251.69 33,350,000.00
Page 1 of 2Print Date: 4/23/2020 Print Time: 3:26 pm
Page 16 of 17
CUSIP Pay Date Interest
City of Southlake
Projected Cash Flows
Total AmountSecurity Type
Cash Flows for next 180 days from 03/31/2020
Security Description Principal
121,875.00 121,875.00April 2020 0.00
160,805.55 15,160,805.55May 2020 15,000,000.00
125,946.14 13,475,946.14June 2020 13,350,000.00
50,000.00 50,000.00July 2020 0.00
256,250.00 5,256,250.00August 2020 5,000,000.00
59,375.00 59,375.00September 2020 0.00
774,251.69 34,124,251.69Total Projected Cash Flows for City of Southlake 33,350,000.00
Total for All Portfolios
Page 2 of 2Print Date: 4/23/2020 Print Time: 3:26 pm
Page 17 of 17