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HomeMy WebLinkAbout2004-07-29 - Agendas - Final1 • Firemen's Pension and Relief Fund Meeting Agenda July 29, 2004 A meeting of the Fayetteville Firemen's Pension and Relief Fund will be held at 11:00 a.m. on July 29, 2004 in Room 326 of the City Administration Building. 1. Approval of the Minutes: • June 24, 2004 2. Approval of the Pension List: • August 2004 Pension List 3. Longer Investments: • Report 4. New Business: • Budget Report for 05/31/04 j 4 H c O O 2 Motion To: T c O 0 2 0) Seconded: c m 2 m >1 c C m 0 c 0 c c t N L O m m 0. O c c O Sondra Sm U d co Mayor Coody Marion Doss Danny Farrar Robert Johnson Ronnie Wood Sondra Smith t Motion To: O 2 Iv Motion To: 0 2 Seconded: 0 1 Seconded: Mayor Coody Marion Doss Danny Farrar Robert Johnson Mayor Coody Marion Doss Robert Johnson A. Pete Reagan c 0 Sondra Smith Ronnie Wood Sondra Smith • • Firemen's Pension and Relief Fund Meeting Minutes June 24, 2004 Firemen's Pension Meeting Minutes June 24, 2004 Page 1 of 2 A meeting of the Fayetteville Firemen's Pension and Relief Fund Board of Trustees was held at 1.1:00 a.m. on June 24, 2004 in Room 326 of the City Administration Building. Present: Marion Doss, Danny Farrar, Robert Johnson, Pete Reagan Ronnie Wood, City Clerk Sondra Smith, City Attorney Kit Williams, and Marsha Farthing. Absent: Mayor Coody The meeting was called to order by Marion Doss. Approval of the May 27, 2004 Meeting Minutes: Pete Reagan moved to approve the May 27, 2004 minutes. Ronnie Wood seconded the motion. Upon roll call the motion passed 6-0. Mayor Coody was absent. Approval of the Pension List for July, 2004: Marion Doss: Has there been any changes to the Pension List? Pete Reagan: Danny Farrar has been added to the list. Pete Reagan moved to approve the June Pension List. Robert Johnson seconded the motion. Upon roll call the motion passed 6-0. Mayor Coody was absent. Longer Investments: Marion Doss: The next item is the report from Longer Investments. Does anyone want to expand on this report? Pete Reagan: On the bottom of Page 5 the total portfolio current yield is 3.1%. • New Business: Budget report for 04/30/04: Marion Doss: The next item is the budget report. Pete Reagan: Do we have anything we should take note of on the budget report? Firemen's Pension Meeting Minutes June 24, 2004 Page 2 oft • OtherBusfness: ' Pete Reagan: Did we come up with a cost of what Arvest is going to charge us for direct deposit, do we know that yet, it was estimated at $200.00. Marsha Farthing: It should be about that amount. Sondra Smith: Since I am emailing The Monitor to you I am not putting a copy of it tn the packet. Kit Williams: I still have not heard anything from Ashland. Meeting Adjourned at 11:10 am. • • FIREMEN'S RELIEF AND PENSION August 2004 FOLLOWING ARE THE OBLIGATIONS OF THE FIREMEN'S RELIEF FUND FOR THE TH OF AUGUST. YOU ARE HEREBY INSTRUCTED TO ISSUE CHECKS TO THE EES, IN THE AMOUNTS SHOWN, AND FOR THE PURPOSE SO STATED. • • DATE OF REGULAR Year To Date EMP# RETIREMENT NAME MO BENEFIT REG BENEFIT FED. TAX ST. TAX NET 79 11/99 ARMSTRONG (DILL), PAMELA 1,708.68 11,960.76 300.00 100.00 1,308.68 177 4/04 BACHMAN, EDDIE 2,468.23 7,404.69 479.27 119,82 1,869.14 74 3/86 BAIRD, JULIA 1,698.63 11,890.41 350.00 145.00 1,203.63 2 3/75 BLACKARD, PAUL 103.00 721.00 103.00 63 5/72 BOLAIN, ANN 56.65 535.60 56.65 68 7/99 BONADUCE, MICHAEL 2,817.19 19,720.33 475.38 2,341.81 44 9/86 BOUDREY, BETTY MRS. 2,335.20 16,346.40 300.00 50.00 1,985.20 45 9/86 BOUDREY, HOWARD 1,969.35 13 785 45 1,969.35 49 7/88 BOUDREY, JACK 1,553.05 10,871.35 287 68 50.00 1,215.37 4 6/67 CARL, FLOYD JR 103.00 721.00 103.00 5 5/72 CASELMAN, ARTHUR 123.60 865.20 123.60 57 5/90 CATE, ROY 1,686.21 11,803.47 1,686.21 6 4/68 CHRISTIE, ARNOLD 103.00 721.00 103.00 8 10/76 COUNTS, WAYNE 103.00 721.00 103.00 77 11/99 DILL,GARY JOHN 1,708.69 11,960.83 100.00 1,608.69 11 2/76 FARRAR,ALONZO 941.52 6,590.64 941.52 38 5/84 FRALEY, JOSEPH G. 1,666.62 11,666.34 200.00 15.00 1,451.62 170 5/03. FREEDLE, LARRY 3 597 65 25,183.55 500.00 100.00 2 997 65 92 03/02 GAGE,TOMMY 2,44763 17,133.41 226.00 50.00 2,171.63 34 6/79 HARRIS, JAMES E. 103.00 721.00 103.00 70 11/99 HARRIS, MARY RUTH 56.65 535.60 56.65 93 06/02 JENKINS, JOHN 3,372.15 23,605.05 700.00 200.00 2,472.15 86 07/01 JOHNSON,ROBERT 2,897.04 20,27928 500.00 100.00 2,297.04 64 4/95 JORDAN, CHARLIE 2,144 36 15,010.52 2 144 36 76 5/88 JUDY, JAN 1,553.05 10,871.35 200.00 50.00 1,303.05 37 3/84 KING, ARNOLD D. 1,434.98 10,044.86 265.00 35.00 1,134.98 54 5/89 KING, ARVIL 1,612.98 11,290.86 130.00 50.00 1,432.98 12 3/60 LANE, HOPE MRS 56.65 535.60 56.65 13 10/67 LAYER, MERLIN 430.03 3 010 21 430.03 173 12/03 LEDBETTER, DENNIS 3,559.06 24,913.42 575.00 173.00 2,811.06 14 7/74 LEE, HAROLD 103.00 721.00 103.00 51 10/88 LEWIS, CHARLES 1,553.05 10 871 35 75.00 25.00 1,453.05 40 9/85 LOGUE, PAUL D 2,703.63 18,925.41 325.00 75.00 2,303.63 50 9/88 MASON, LARRY 1 537 61 10,763.27 137.61 25.00 1,375.00 39 4/85 MC ARTHUR, RONALD A. 1,653.07 11,571.49 150.00 50.00 1,453.07 35 2/82 MC CHRISTIAN, DWAYNE 103.00 721 00 103.00 15 4/77 MC WHORTER, CHARLES 1,257.90 8,805.30 150.00 1 107 90 29 8/81 MILLER, DONALD 1,229.21 8,604.47 125.00 25.00 1 07921 73 2/00 MILLER,KENNETH 2,997.48 20,982.36 325.00 75.00 2,597.48 42 2/86 MOORE, JAMES H. 103.00 721.00 103.00 176 4/04 MORRIS, DIXIE E. 72.10 288.40 72.10 16 4/64 MORRIS, WILLIAM H. (DECEASED) 355.35 0.00 62 10/68 MORRISON, ELIENE 82.40 715.85 82.40 48 7/88 MULLENS, DENNIS W. 2,065.51 14,458.57 2,065.51 46 5/88 OSBURN, TROY 1,790.61 12,534.27 200.00 38.00 1,552.61 81 02/01 PHILLIPS,LARRY 2,606.36 18,244.52 2,606.36 53 2/89 POAGE, LARRY 2,211.99 15,483.93 300.00 100.00 1,811.99 22 4/73 REED, JOE 103.00 721.00 103.00 30 3/81 SCHADER, EARVEL (DECEASED) 0.00 172 12/03 SCHADER, MADGE 1,306.45 9,145.15 1,306.45 41 9/85 SCHADER TROY 1,437.45 10,062.15 57.00 1,380.45 83 03/01 SKELTON, KIMBERLY 1,147.60 8,033.20 125.00 25.00 997 60 66 8/98 SKELTON, PAULINE 401.70 2,811.90 125.00 25.00 251 70 82 03/01 SKELTON,KELLY 1,147.60 8,033.20 1,147.60 • DATE OF EMP# RETIREMENT NAME 36 5/76 90 03/02 165 12/02 65 3/66 27 3/71 71 1/00 28 7/68 88 01/02 52 9/88 DROP DATE 04/01/00 07/01/00 01/01/01 03/01/03 03/01/03 03/01/03 04/01/03 05/01/04 SPRINGSTON, CARL STOUT, IMOGENE W. TATE, RALPH TUNE, BILLIE SUE TUNE, MILDRED MRS. WARFORD,THOMAS WATTS, DONALD WOOD,RONNIE D WRIGHT, RANDALL DROP EMPLOYEES NAPIER,LONNIE REAGAN,PETE DOSS,MARION MAHAN, MARSHALL PIERCE, JOEY SHACKLEFORD, GLEN O'NEAL, TEDDY FARRAR, DANNY REGULAR Year To Date MO BENEFIT REG BENEFIT FED. TAX ST. TAX 759,91 5,319.37 70.00 17.00 723.73 5,066.11 3,457 53 24, 202.71 300.00 100.00 82.40 715.85 82.40 715.85 2,359.06 16,513.42 300.00 412.00 2 884 00 2,900.50 20,303.50 800.00 200.00 1,594 25 11 159 75 200.00 25.00 84396.35 581874.88 9,352.94 2,042.82 NET 672.91 723.73 3 057 53 82.40 82.40 2,059.06 412.00 1,900.50 1,369.25 73,000.59 NEW BENEFITS 3,316.32 3,332.75 5,068.25 3,843.23 3,437.82 3,437.82 3,884.43 3,916.83 WE, THE UNDERSIGNED, DO SOLEMNLY SWEAR THAT THE ABOVE OBLIGATIONS ARE JUST AND CORRECT' THAT NO PART THEREOF HAS BEEN PREVIOUSLY PAID; THAT THE PENSION PAYMENTS SO CHARGED ARE IN ACCORDANCE WITH THE ACTIONS OF THE BOARD OF TRUSTEES OF THE FIREMEN'S RELIEF AND PENSION FUND; THAT THE SERVICES OR SUPPLIES FURNISHED, AS THE CASE MAY BE, WERE ACTUALLY RENDERED OR FURNISHED; AND THAT THE CHARGES MADE THEREFORE DO NOT ED THE AMOUNT ALLOWED BY LAW OR THE CUSTOMARY CHARGE FOR SIMILAR IIIIVVICES OR SUPPLIES SECRETARY CHAIRMAN AND PRESIDENT ACKNOWLEDGEMENT STATE OF ARKANSAS ) COUNTY OF WASHINGTON) SWORN TO AND SUBSCRIBED BEFORE ME THIS DAY OF 2003. NOTARY PUBLIC MY COMMISSION EXPIRES : • 6810-9810-5335-00 YTD Column Difference YTD 581,874.88 581,874.88 0,00 • 2 3 4 5 6 8 9 2 2 Nau World 94sta9s 5.1 'L?VE' . DOE 6!23/64 TLt% 8:34:3:3 FINANCIAL MANAGEMENT Bi24?TtF[RFc NCE FERRT Mzrth Did Date: ✓312004 TACT rIIRFFRr &FAR .,..s - . .<®, ....: ANT. 'Icer `;: NIENDES1, _>;_ MONTH a x: Y -T -D 8II110ET LESS; ,7.: vFARS Y -T -I11 € -CONNT 1PJ1'BEP.` "` '.'r",""BS'DGEt . AfgIItr ENTSEC I^BUDGET;TNAN99CTI016 REVENGES YTVEEVENNFS DSED�`;REVENDES Foci 6910- Fire Faisicn _ - _ ._. . . __ . _ . ___ __- -- - ----Diviei 6981 - Fire ' ...-. `.x>: �r•-r Lor agsIFICER ftreicri lIevertue- - _ _ rj.6 7 tart"' moo. in-.mnw"'°'wI�`,R""�'. e. s.._.__�_x . %'�'r.:;.a•-t s'.. L.'.....,.." _,.t' .-A-o_ e- .,.ate i g10 Taxes y..1i ' -"r*'r "-w', .,-e; '' - - -- _ __4 4 - ePn00rAAr .. 00.00 Prcj_Taxes 03.01 Delirent9 „Tarns TOTALS,, aAxS:FI6aT• 22750 3M00 00 91 79323.68 2.4767632 2AZ 39412.94_ .:XJ _.00 _ _64338 _ 13000.00. .00 13003:0) 1006, 39 15200/42 2di3.42- 1171 1448.89 .24050)-6U. 01.p,,...4TxT6-63 b 4.71 2T10-..„,,,L4S47195,,.28z 51861.8l.,� ' -4-" ' - 1" 1 8E30 ,ntergoq. t ttal [MAL u.-.. r. . k?§' ;....:n,rtr..,..aake�n4.._ .n..n- '3xn.-...N«fw„d..r....�f.., 4301.00 Stin?Turnb -- 4301.06:CO_ Fnture5hpp inter605t b rmi t 4 6"' "' °"` �)ya1rr CLFSS1fIC.4ttO1� S+ }.. y .,«a.sb' +.-1ac.,w.*C .ansa 417;;86.[0.7 .00 41268800 .00 .00 412688.00 OX .CO . .00 .r0 .00 .00 OX .00 -0R 41/10181 11T 00 iii 07 �7 �T 74IZE96�t707 • j viu C"•. '�'S��Q.*a.' 4`-x fiEJO lnrerest" .."z: -ate'"-�-«�"" :.....' r.: re 4703.00 3 _... 4704.-00 -4711.02 5 5 "' Y47O8 ..4710 7a.. LL.- ..+rit'.`,: .`a. Int-Trust0)03.0) Int- &1dInv Int7S 04 rli±r-Cklnng 1, :a w.Ft---,e;'bd�a...:...,i.."" s.,�.rsS `+. a.. +..4 a "�rr.L".i. _ .00 6000.00 135.40 1605.79 4394.21 27X 3298.84 6C000.00 .00 6c600.00 -4438.51 26334.53 - 33665.47 44X 28462.69 -13')0;1 OO 00 12700 aJ -714 42 X48 O1 8351 99 -331 6592 29-- i ) x,..,.40891.4897910-17 659 52. _ , 34X`3+ 110225: a:.203COA 033 "' 00...0.120000.00. '00-1 "'°"Y"'r "x"'00.----;:::00 --4'+++ 9R 0O hit-h%Vest QO DivCsiSta.Y, r- 67 ` 03 03 4701-. 00 .=411000 i0 -- - C0 11 0i'> X7120 90- -Q ij O0-41Ir- U330,00-"""�..-0SL 41875:734 :$7368.20v:.267682n--4.+++»'169Ja30 .47?0.O1a,f 8 ._47'70.99. 9 - 4783.60 o 2t s.a).405crav-,41,.---T'.1.0..»..x».c2 Ihrealf/L InvestFees irehetest TTPLS- f,. ' ;. .00a�nig&131 .00 .00 .00 .CO_ .00-- .00- _ +r+ .00 80000.00- .00 . stoos.00- . `.�E9.69- 433Q3.6Cr 36635.40 541 40841:44- -Z351iI ZfG, L..7915a4.Ts:.4;,347914,,, 1499..',,,4 8144.. 4 ..,,,,i„,.....0.3 „IT4544 . _ a - 1> �a..-"; 4 :na.._.4. :s ' ii ,:''s CTR8EA0-CentrNutixSTk,,4`i3t o'-Arq,,' COONIcyss 4 4809.00 n 46612:03 I6 Pr nCOrRr �. twain= 10 -47395:613 12 . _ - Donations G9anfl b TOTAL4'{ x9p.e ACCUSAL 6115IFICATIN0 00 00 00 .00 _ .00 _ 00 _ +++ 300.00 .. .---1993.839- 223715:93 -411_ 14192:4428384.79- ont 99996.61- - - 34096.0077 �C.03 .03 - -573&.00 8384. u,Ye w.. t----00-00- -.:c w • -8Fr3P.iZ1'J.....9944- 34}96'9 04 .;b1143-.:S77.0.-7112�T1:23- mg: iris r4 .,t-rac--�,.c-,�.....w 3 --. hlscel�s w.,'. w.. .,a.� . . .,;E �4.' .. .,; Mtss REV 4999.99' liaft.mcBal tt3 - .P' 03""' - ..00 _.w .._ CO -__+44 00- Za.b:3.09 10293: W3 ' 0O.. - .00 - :CO 35336:01.. . _ 07 ... - .00- ttirn TOTALS i4. : yi. .�_�.�...s'...:si... ion-TOTAL -: rA S _ [J:b/3.1C1„� 7029374 ;c" ;0:10x,.ou ,,,.�,- ;y4 � ,4. OTr;:. 3S3.ibb OO�;a , 01 ,,,y - 4er ... .�aw-a:i9` •Tries. 9Z4I 6}�' .VTM9' ..,ra PPI':• tt' ' .: - ,....._r___..e.*n1 .- ya... ::....-.�..Y` p� . $fitrW7L=.�...9$N1Lc;Z8,�' 32Q"143483:Ob:. ..,...idL4874.G7--40.�IO2?3.X00-,..i�'667.6itI'.a.i758a5s'"i.�. .�.=..Dlu75 46 4z - ..Raid TOTALS ..:. WF+f^Y•yR'e^q'^"9'. edam . it:06747ff ;1`.:.8.3.0a 14(16: 100 -I iagbt: - - 1.1/10S-11.72 ._. 9481 .28 - 1434 4 .113- .w-2"� -sa.rctc»*e+^M.r- =50 . 52 53 .__... ... 56 F� ,>ew', $� 4 x'C'•. - ,. .�]�..a1:. �a$i,+? _-.•• ... ? ice'.- 't. • 5 6 7 8 9 10 12 14 15 16 n 18 19 20 21 22 23 24 28 7 28 29 30 35 37 38 3 4 4 44 45 45 47 48 49 50 51 52 53 new Mt) bysteks`.:.1 *LIVE* FIAANCIAL ri A A A L b P1 E NT DATE 6/23 TIrE 8;34;25 &1127 .1=R RCE IR_208T ;Mtn &iia Date: 5/31/2004 ACCOUNT nTe IT IXINTH : ;; 7 -T -D " Y -T -D '* eIPBER """ Fttniat�' N4 (tt fls,:'� MIDGET7RAASACTIONS E ICIAIWRFAiCES. ExpEl JIIURE6 FL7d 6810 - Fire Penske -- '"JiVisio1 9810-'--Flro Tension EVerise - - - •-. . - a3. --a "•ACCOUNT'CCA95'FCalIOI. k?2O rtroa ta15'a'ttf %wiles't" ' `< • 531:000 OFFSwErnT .CAI -...._ .CO -.-. _OO.._, .D0 FAiE-1T 22110 IG 17ZR MUM IASL `RIDGET LESS, Z_YEARS HP fTFERSEStUSED DPECITUFM mair iL II CLASSII CATION EX30 5ervIces end Charges ' Z{ w zoar.w.. .r -u as a.: .. s. �{. .,y,.ag. s'a,.�2.1cv, r. .�.t 5 P[b TLPE.�- .fYl .a} (Yl '.x,.... (13,»n.....(A .'- ,00..�.�.(xla.+++dr:6.4'1;IM) 5304.00 Trav_l/Trn .00 _ .CO .00 .03 .00 .00 .00 +E+ .03 5304.95 TV Al.virx 5x'^7 RPdi Csp 370 00 _ 00 3-727) GO --- 00 -- 00 - lYl--- 31W 00 -OX -00- 5310 095ettle er4 ._„g„ [0 V) 00...„n..03, OO 00 .5314 O<'1.dK.".-Pr9F San ,.R,,, " 00-'+:. • 00 V 00 -00.. i::,u..P�k 0 ." ;"°1. 00. w".c IX°n+++4 o.'"L (0i 5.14 01 Laca1 Snru 049. 09 : ='rr'^" r00 ****7 00'= 00 ,e 00 TMm** W . -.001 -r 53.20•01"="a; ar-'7) , 17 .00a-.� ....,.,. -,w.-..=-00 -r --t fl 00>•..OX-e '.ar• 00N 4-°d 24 ..r Pei.41J IticE' �.,. -_....a....00-..,.F<......°..00 dam :: .00 ...:......: CO. 0. . , 00•. 00 e.144 '004 S335.C11 Pehsier 9103 4.00 71498.00 8tlN2.00 84396.E .00 413092.18 575199.82 42Z 380877.08 bS.t+.01 DROP.EEixpp .. 404300:00 31335.00 435535.00- --32381.31-.__ :00--._155652.27.. -279982.73._362_ .149446:32_ -..:..53.75:06.- - F39.gx8ene .00 .Cl) .00 .00 .00 .03 .00 02 .00 Sero`/QgS TOTALS -1374i74:00-::1027937033-1_. 143436/711";--716778730-_;.5- : abb8/34:A -=__8912.55. L_-5i0Yfgi19A -,. .. _ s.... -•seg: ,`v±�e.-.. -+ - -. •DSvlaicm TOTES :-.73.437ar 104/ 3, 1X1.. i4(t,67.730: TI6TTc1:30y,: ,-tl+-i)P::,r S6tf/.iq 45a407..R.411128:3:381 ;m _...-WMTOTALS --' .-_. -3224374;W--'I6' tai-7&,'7reb7:r=1-16/18.35' - .09-- 03477157-7-85139.32.5s---7407-=mH3: Er- " - _ .a.�o..se...«;.:,.-.ter J. T .`�.._ w• - '+s', ,. _ _ _ .. s-= --. P.aa.r. .�..�. '.m.'.�... �.+��..�.w.r..:..�..o....,. - ..aur • Neu Fbrld%yy54tetls 5.1 ALIVE„ FINANCIAL MANAGEMENT CATS 6/23/04 ACCUrillATED TRANS&(TION LISTING TIME 8:33:59 IRAN MIN GA,-TUTEE-JGOFi:AL T-YPE-7'YFE-S1N1P,:EE-DESCRIvrtot:.... ... MI1_001 PACE 21 x1333 DGRITTIE raml_At1.,UyL-AC Th! ualnrrr3 r"G/L ACLDDBT Nt 1ER• 6810:9810:5-290.00"' Office sc.T317e5 3T3nnng FISCAL:YFAR TO DATE:: „ �'. ,•---- ;Base/Detail -TOTAL IOfFakoPrnta . .v-=-•,�. •-e. ew _ zF --� ar•:OU 6 wT.ACCACR.T"EWER: ..- 7 _.. �......_-_ 6 GAS ACCJE T 17tRLiR; 59 6910.9810.5303.03 .. PCtallcations &,A1es FISCAL YEAR TO DATE: .CX Base/Detail TOTAL Pubs/Diles- ---. _..__. ... _...' _ _ .90 _ :O( .6810.98!0.:309 00 _ Travel 8 tialnlrr3,,,u,,,,�,,,s..�a,,,,,e15LAL-YEAR TO DATE:_ Base/DetailTOTAL . : Travel/Tro:_ ,^:, • , .�-',�„t-4:„s.�., 00 _ F. :00' �;. �.�;a 0( -.... - rev .r r -F "" . -•="-G/I ACCO1JNf NBMBER_`- 6810.9810.5309.99 --4Travel/training-aa+alces- r.r FYSCAL YEAR ID DATE:• -"Pa FOC .---.-...-...� -,.�.. l se/hatA11 TOTAL .. - ..: -TBT Advte- - o- �, x.:0.7° x:00 -j--. ,:+'•L O( 0 c.A. ACe(Ri.Hr nle ESR: 5910.9810.5137.00 AWIt e. 5E FISCAL YEAR TO DATE: .q _ - _ , mnTii-TOTAL: MAY..,0--, 4}WSOMIPWielMMTWE.� �8-�.9.w .,.,e,,,,n ..f1Q/iWi .....M��.q 4 .-" -"` -.aa /Imfail .TOTAL . ..:.Audit EITi.:." """`„� .00 -. ^R°•^'iW �""" '- Y:IX -��rid, ` FISCAL. -YEAR TO DATE:..F..�-._- Settlemt .00 .00 .0l 5 6 7 B G2-ACCG'JNT IlklBER: -_..WL ACCWHT 'NUMBER: 2a """G/ ACCOot71 Tt kTR: • 22 C1/1., ATOM MIER; 23 24 25 27 20 30 34 37 30 39 40 41 42 43 44 45 46 4 4 5 5, 52 53 54 55 056 51/4] -6810.9310.5311.03- TOTAL 6810.3810.531109..TOTAL 6810.9810:5319.00 Race/Retail TOTAL . •6810 9816.5$4 01 FaseiTetail. TOTAL 7. . 6810,9810.5387.01.. • MJNfN TOTAL: Ease/Petail -TOTAL -G/L ArcOJlii NWIRER 6910 9370.5324 Oo ->*aw/Datail"TOTAL ..s. -Professional- services- ----_FISCAL YEAR -TO DATE - -=0t Prof Sere-._, _ _ -f3D. ,r.00„es..., .. „x, .IX 1r 1 vices `-e-"'" -.3TO DATEc 0i -Legal-Sere -�,.a - •:00 �:,:,e'-':OS N31k_smice,#targes -- - ---FIS;ALYEAR, TODATE_ .9I MAY.._ __ .00 .. ... _..•�__�______ :01 • Bal_ftSenCli0Perir- . -< FatS'i;tt�' sfQ u.1. 1 .a�.V-. FI •.•: 00 q GA, ACCUJ1? AMER. 6810.9810.5335:00 . Pensiin.e:Aieie --- --- FISCAL YEAR TO 5/152004' 402770- HR JE Hun] Rsrc Payro 1-t7�ecks-05/31/2C04-- - 1:708:68-- - ------ ..F„,.4027X1 HR e,JE-thrna3.Rsc Payrol I_Q1e.:ks-05/31/2W4.,,,,,,q,�,,.c 46B i3 ;A:992770 _.. HR JEHunan. Rsc Payro ! Checits-0SI312004.,,,,.�,F3 HRT*JE-ikmiafRsc Payrn 1-Checks?05/312Q14.�- 103 00 `- 402770 - HR 3E-Hhnan-Rsc PayTo 1=Checks-00/3110039-m-...m....� 65 ...'..4/ ?70.-. HR...,IE_Humai.Rsc Payroll tecks-05t3120C9,aa� 2.817.19:'.=.:-=: 402770. HR JE Hina) Ra -c Pyre 1 (8-(6/31.2(04 2,339.20 402770 NR - JE Ikenen Rsrd Payroll Ciieck5=0573172W4.._ --- 402770 HR JE Hum Rat Payro 1 -becks -06/312004- - - -1.550<GS ....... - -- - ,902770„,„„ _JE.Hamat,Rsc Payrol1_Checks,GS/3L2C04 1lCi 402770,.,NR JE Human Rsc Payro t Qleckst05/31/2004 • ",::: BIZ? 60.,," . x�*rrre-=- - `t`"" - ""'•.02770 :"HR 7 J Hunah`Rs'c"Payro l"Checks-05/31/2C041a E 21"5 �Y"'"'""• 402770 =HR. "JE-HtmxrRsc Payro 1-iherk5-05/3112004 A' .._•sx,«.rc....,,a..--� �-.... .._-.. 402770w.A. HR a JE. Hunan Rsc Payro �i--Qiecks-05/31-11A04 - - 103.00 _ _ _ .._ - 402770 _HR JE. Human ,REcPayrn 1 Checks -05/31/7004 .708.69 - . 402770 HR JE Hmiei Rsc Pare 1 thecks-05,3172iO4-.�". -941.52`._ ... . 402770 - RR JE Human Rac Payro 1- Checks-OS/31/2c04__.. _. _- ..666.62 40277-,... HR,,,JE.:umal.Rsrc.Pam Itatecl(s05L312004 ,,, .359765. HR -„ Easter' Rsrc Payro t: thecks-05/11/2CO4 4-' $ :;2.44763 ,.,x= si"'•"a 402770'"'•' HR*S JE amen Rat Payro 1;QiecYs�i15/3172034 ,,1 103 00, =70.4CY1779 -- i1R E,Nuuai" Rac Payro 1 Checks -05/31/2034-" 56 65--.. ,.•.,�».40277)•.:-..HR +-dE_Hunai Rkc Payroll. !hacks=051312009 ".v3.372.15; 402770 :R JE Human Rs'c Payto 1 rhecks-05/312004 2,897.04 402770" .HR-. JE.Hl.mlat..R5ri Payrb i-'aiecks-OS/31217042.1'44:36_._"'--" .. - 402770 HR- JE -Htman Rat Payro 1 rbecks-C6/312W4._.. . 1.x.05 .a ye , , 402770. NR -JE.Hurtan.Rsc.Payro 1_fhecks-05/31/2004 1,434.98_1.434402770-P"`HR� ,JE ]Amar Rsc Payroll Coacks-05/312004`k-`-' `'!°x"1,612.98 �^r^� °• -^' 462770 -: HR WJE Htzrar R&C Payro L Qlecks-05/312W4 56165 .E :g- _7:7:::•-;"-F••:-.4.014X4027204,-.,,t"' •'" -a. 402770 .4:NR.,,..,JE HuYari-Rsrc-Payro'1=thecks-0fi/31/2009 r_,.....„ 430:03;;r. ..i1:...,.�."-. :.......E- e...:�.4027/0S llg,.JE.Nhma &sec Payrol.1 Checks -05/3112®4 ,: .3,559.06«.3:.. 402770 HR JE Ntmai Rsc Payroll Chocks-(75/31./2CM 103.01 ."-402770" "NR- JE !Mai Rste Payroll -Qrecks=05/312004]:�.:�_�__ 402770 HR- JE lima) Rac Payroll Checks -05/312004 --- - 2.773.63-- 402770 HRS,JE..Rtmat_RscPayroll_Checksa5/31/2004 1.x'"37.61,. SHR : Jr :hien Rot Payroll'Checks-05/31/203i:7;653.07: DATE:.. .328.6E6:8: 330.394:5: ,,,,332.86!.7• •.934561: :339:664:3, 337. .339.721 538:.20' 339,873.9, 3411842:71 - -..343.395:8: 343.498.8: 343.622;4' 345.'308:6: ,. 345i411f6 5imwr...=r 345,514(6: 398:169:8: 347,223.3 -349.831:4 353,429.1! ,353/876 7 4� 355:979:7 ""`^^v"'�356M036'3i s7.E, 359';408.5 062,3(6.5 _._364;449:5 __. 366.002:5 367..937.Q `369.050:9 :,1691707:5 369r537.p. -1/4373.096.61 373,199.2 -3741752"7 - 377,45Ta-3 378.993.9 380,647.0! 4 5 6 7 8 9 u New ibrld S sMs 5.1 *LIVE. DATE 6/23104 TM 8:33:59 TRAM JRN FINARCIAL MANAGEMENT ACCIRIIIATU TRANSACTION LISTING • PAGE 213 EL13a1 1X,RIT/1E ;®rr Amrem a67J61LSAlAHC,J , wL ACCCFR{f 11@ilie. 6810 9610 5�.6:C10TPets ai eq�atse --FISCAL YEAR TO DATE. "",”328;665 833 xm^rr*.s• `s40.; 27T3 HR JE OanaiiRs... c Payro1P0tecks-05/3112:(04 . .10300 , �-3. '-380.750:00'7, ..--....0 :.=Cr.,~ :. '%102770 21N7°� JE Hum) Rsc Payroll;: Check; 505/3162004-a- ta-7.90.- _,..a..a.^-- +.382,007.94.0 406/i0 HR JE &loan Rsrc Payroll Checks -05/31/2004 ... 1,229.21.... .. 363.237.15 41274/0H1m O HR JE a1 Rsc Payroll Checks -05/31/2004 2,997.48 386,234.63 - - - - - -- 42770 HR -- JE Hunan Rsc Payroll -Checks -05/31/2M4- - _ ' 103:00 - 386:337:63- -- .-.-,.. - ..-.R._ .4027?0` •eIIR V0 J"e-1A ren-Rsc-Payrol 1 -Checks -05/31/2004 .........-10.-72.10.-.. - ....,..,4,..,..388,409.73 ._.-401770 .IIR- E Kria1_Rsc Payroll Checks{6/312004.. - - 82 40 386,492.341 - - = -:4 402770r- IIR'OE Hama Rsc Payroll _11i 15-OS/31/204A tc 2.065:51 """-'""" 3��a`ST,64"I -+..:, --.-402770 HPvJE- Hutlai Rsc Payroll- Cheeks -06/312[04 -y.1,790 61 - '-•r-s :,• =e,% 390.348:25, ...._‘,...s...,.......5-..............,402770 - NR' JE -:Wenn Rsrt Payroll-techs-05/31/2004---g2,6l.36 -b ..,-+-.-.'--^»392,954:61:41 �- 4027/0 HR JR Human Ras Payroll Checks -06/3 11200 4 . _2,211.99. "+95'166.60 402770 HR JE Huron Rsrc Payroll Cllcx1,,s-05/31/7A'1O4 103.00 ... ..- 395.269.60 402770 HR- JE }Aman Rsrc Payroll Checks -05/312004 1430645 3%476.05 47Z"770 rwrI:::,1,,-JERcamRerc_payroll .cubsc:5.'31/0004„4,...”.,1.43745.,,,,, 398,013.50, .:,:4urm ,}}R "`,iEHe19ai.R .c Payroll_ Rlxks05/312�004 ._,w,1:14760 ... n399.161.10_ -i "tom .102770 P J}R "JE *maiRst Payroll'[itecl((s=05/31/2(04'° "=,rx"0 147 60 n-.+ �se 400.308 70) � 4r1i7K� .-I1R, ,c Keai-Rsc Payroll- Checks�131/2a14 ,raj 401 70 3 .400,7101'404 402770 % RR al Hunan Rat Payroll.Chccks05/312034•-+-5---75.91 +.-- -401.470.31+t 402//0._ }IR.. :T Hum) Rsc.Payroll UJecks-05/31/2C04 __ 723.73 4527:154.04 4(2770 HR .)E Roan Rsc Payroll Nicks -05/31/20A 3.457.53 - - -1(5,651.57- 476770' -HR--JE Rum Rsc'Payroi 1-thec}.'5-05/312009 -82.40 408,733.97 .,,.... ,,.... ,.. ; 4127701.rER..--.&raRac-Payrollthcka- /31/2004. _wr 82.40-....... 4C5,816.37.� �:>e s .17 -.a 402773 L,.NR rJE Rmav,Rsc PayroiJ __Checks-05/3120CW....k 2:3506...,s...., .,..r. L M.M.43A - 4r2'770 :1112 .IE Khan Rsrc Paytlil ruiRk 5/312004 „ , �-f 412 00 �, " ?,:�?' '.4%.587:43 a 770 ma•HR- -.Ix'H'n�Rsc Payrol 1•1F,eck6-05/'3t2004'"` 2.90050-.,.--n...-,c ...t , x411487:838 -402770 *-HR'c ar. Hw>at Ram Payroll acks-05/33/2000 1,559 25---.+-: -•a-a- o+• % -413,087:18'.* ikLiu TDTA1< MAY 84.396.35. .00 413762.18 ..,.p,. 8aw/Derati TOTAL, .,petztalF.at,,,®,,.,....,.-..0-,,...,.-...84,3.%.,.,z e.,._f CO.. -„6P-413 08L 18. G!L A0009Hf'RAI' �"'W10 9810 si35o1r" DS expense 4"744•'46i74"TC-.' ' FISYAL YEAR TO DATE - 123 2A":3241 -EE1174 2 --r 5/17/.x104 402839 SE= 4'045063-SK0 u.t-FipI Mtch to-Act1 -- =2 77 16 ,�.�_,R ...,.-123.347.48, -.smug i-.a.5/D/c2'o4::406422.--.T:- 1306790. .Reo:d.CROP e;Tense:itay04..n.--.'3,316,326.-1:..- .,y: :44126.66380: 62069.. 2 . ...... ...- 403422_ JR -.-JE 5067 SO Record DROP expense tpy04 241.15 ?26,904,95_ Ea:79 1 4(044 T .1E5067 90 Record DROP expense lAy04 3,332.75 133.237.70 ...."62773. .2 ....._.. IO3 2- JE... JE 5067'SO Record DROP.expense.tyyCW... _ .... -..,251:14.. ..- ._..__ __130-,488:84- 62080 1 a^^^ Y 1'403422' ANT JE 5067 S ,.- RRecord--DROP envie t k.4a376.617::-.135.5-33.70'm''" `a • v 21 62860 ,2 .,:�*° a.,. . :-50 rd 's 'I-620817'P`kxs '°""",A .4034,'2''" ."7- Jr5C57 90 :Oed DROP expanse TtiyM'1' 3'.843 23'"'=.- ' . l- 139;776:9341 52081 2�r-'= a -F,. 1403422 '�. JE -1e..5067'90 -.,r Record-DROP`expense ttay04-.v^-i 246:15 , »140,023:08• -62082--.1,-.-4,....�••-,..• v4n3422 ••.1E-146. 5067:50... •.Record=DROP-expense-tfly04.--� 3:437 82a;... ------a..: ::•.>- 143,460.90 .62032 _ 2.. .. ..40.342 JE JE 5067,E43 Pecord DROP e-nrse t} J4 222.51 143.683.41 - 62083 1 14 15 7 8 0 21 22 23 24 25 26 27 28 29 31 32 6 7 39 40 41 42 43 44 45 46 47 46 49 50 51 53 . "fl1- r-- 6208 m X62085 B70851 -42 403422....1E JE 5'067 SO Record DROP es43ense P8y04 ..437.82 .'_ - ^. - _147.121.23 147.343.74 151,228.17 151.474:321 155:39 :15-'1 ma5:.: 1,652:27 1 ty%r651.2?_ -40341d -_ JE-- JE 5067 SO RecordDROPa cense fty04.. .. ..__�. Sl. ' ..403422-..aJE .1E-5067; SO,..� Re/urd-DROP-esixense :ltay04„- 7.3"286.5 e a -4'134 -T_ JE 5667.9) r' Record. >ROP expanse P6y04 .,, S , "`40342^1 WJE pmT 567.90': 't�cbrit DROP espase tTayO4.'",P1,3,,.916.8311,7 •ermrY.=40303247.8 00: +-00 5067^8674.-Record=DROP expense-tty04 , . ,,.;,,261 12 . rrnr5s ...�.' y.....»... .rid __... 1071H_TOTALLMAY _ _ _.. _. 32,381.95 _ - .00 155.652.27 ._G'L ACLWNI 2i1RSBr'R. • .5610 98/0.5335:06 Future_Sgtplemmtat.Nene FISrAI: YFAR TO DATE.x ce,,,,m. .OfJ p""�' . !>'a�/Detall TOTAL'" .'FdS1ppF,sle �--_ � - "„':N'a•"'y"' @1 .;_.. 7"'" P0�"r,u.:�0� -m, �..-.-�Divisict-4111,1,5.54:4, --."..�-- Mmszcsl TO1AL' �.:. ..... FarePc... .. -• 4747 ^"4747- -L116.778...568.734.45 Reid TOTAL .....: Fire Pans 116,778.30 .:"60" 568.734.45 lir..w���eC=a.-:6wt-e:`a.d._�wd91ELA rrPrrilnantidi 54 ss • • • UBS 54. a9, Abo UBS Financial Services Inc. 10800 Financial Center Pkwy, Suite 400 Little Rock, AR 72211-3526 rn Tn.'�..� . s (MTel. 501-221-5104 1 r// Fax 501-221-5110 (� Toll Free 888-254-3991 John R. Turbeville First Vice President - Investments john.turbeville@ubs.com www.ubs.com To: Local Fire and Police Pension Fund Board of Trustees Re: Administrative options for Local Funds Date: July 26, 2004 Recently, Trustees of the "old" Fire and Police Pension Funds were advised. of options available for these plans as it relates to their management and administration. Among the options given were to. Continue Local Administration, Merge with LOPFI, or consider the Cash Management Fund. There is a fourth option—Utilize the services of myself and UBS Financial Services. . I am enclosing a brief resume detailing my experience. As for my firm, UBS, we are, according to the September 2003 issue of "Pension and Investment" magazine the world's largest money manager with $1.4 trillion in assets under management. In many cases plans with a modest asset base have limited investment options, typically resulting in low investment returns. In some cases, plans with sufficient assets are :experiencingbeloiv average "returns due to a lack of diversification, professional managemerit; and itheir current representatives inability to understand factors which affect their plan. These factors would include millage, insurance tumback, etc. along with an awareness of actuarial soundness and what it means. I have made it a point to become quite familiar with Fire and Police Pension plans and issues affecting them. I am familiar with the Pension Review Board, the actuary; the legislative process and policies considered that might affect individual plans like yours. The many plans I am currently working with find these services unique and valuable in this regard. The purpose of this letter is to request a 20 -minute meeting with your local board whereby I may introduce myself and answer questions you may have. Please contact me at 501-221-5104 or 888-254-3991 in order that we might schedule a'mutually convenient time to meet. Sincerely, 3e1r6`R: Turbeville First Vice Piesident-Investments UBS Financial Services Inc is a subsidiary of UBS AG. CIN OF FAYETTEVILLE CITY CLERK'S OFFICE • JOHN R. TURBEVILLE • First Vice President — Investments, Investment Manager Advisor • Employed by major national investment firms since 1977, including ten years as a branch manager • Member, Institute for Investment Management Consultants Member, International. Association for Financial Planning • Member, International Who's Who Professionals Registered with all major exchanges. Registrations include Registered Principal and Registered Options Principal • Guest Instructor at Local College and University • • • Attended University of Central Arkansas, Majoring in Business Currently participating in College for Financial Planning Accredited Asset Management Course Visit my Website at: ubs.com/fWjohnturbeville ERIN C. EASON • Graduated from University of Arkansas at Little Rock, Emphasis in Management • Currently participating in Kaplan College's Certified Financial Planner course Employed with Independent Investment Advisory firm since 2000, with 10 years Prior bank management experience