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Home My WebLink About2004-12-30 - Agendas - Final • Firemen's Pension and Relief Fund Meeting Agenda December 30, 2004 A meeting of the Fayetteville Firemen's Pension and Relief Fund will be held at 11 :00 a.m. on December 30, 2004 in Room 326 of the City Administration Building i 1. Approval of the Minutes: • November 18, 2004 meeting minutes 2. Approval of the Pension List: January 2005 Pension List 3. Longer Investments: • Report 4. Old Business: • 5. New Business: • 2005 Meeting Schedule • Budget Reports for 10/31/04 W • � • o LOD A � V d V m IOq 'O t T N o t 0 0 Mo E O ° om iE d U m LL f0y F m aa)i U LL �6 v N o o 4 O c d c •`o o o c Mo o O c d •C •`o ° T 'c c a m c c ° T 'r c a d c c 7 O O y R R m O m O O 3 O O d R R m O d O O w O N ! N " Mo C 3 LL w (D �N h 1 Mo C R C o .N C d a N , C l6 a) ril000 Y W N O O • • 'a W C C O ~ . . a7 C C O r O O 0 ° £ ° O p OI ° E ° "0 0 C C Td% OC OC O O 0 C 4! C C y7 A R R O O 3 � C R O0 0 0 ? Fitcmcn's Pension Mceting Minutes November 18, 2004 Page 1 of 2 • Firemen's Pension and Relief Fund Meeting Minutes November 18, 2004 A meeting of the Fayetteville Firemen's Pension and Relief Fund was held at 11 :00 a.m. on November 18, 2004 in Room 326 of the City Administration Building Marion Doss called the meeting to order Present: Marion Doss, Danny Farrar, Robert Johnson, Ronnie Wood, Sondra Smith, Marsha Farthing and Trish Leach. Absent: Mayor Coody and Pete Reagan Approval of the Minutes: • Robert Johnson moved to approve the October 25, 2004 and November 4, 2004 meeting minutes. Ronnie Wood seconded the motion, Upon roll call the motion passed 5-0. Mayor Coody and Pete Reagan were absent. Approval of the Pension List: Ronnie Wood moved to approve the December 2004 Pension List. Danny Farrar seconded the motion: Upon roll call the motion passed 5-0. Mayor Coody and Pete Reagan were absent. Longer Investments: A copy of the report was handed out for review. Old Business: There was no old business. Fir ='s Pension Meeting Minutes, November 18, 20D4 Page 2 of 2 New Business: • NCPERS Conference in May 2005: Sondra Smith: Pete Reagan asked that we discuss this conference at this meeting. Ronnie Wood: Do we have anyone that wants to go? Robert Johnson: Did Pete say anything about it? Sondra Smith: He wanted it on the agenda so I assume he wanted to talk about sending someone. Since he is not here we can add it to the December meeting if you would like to. He may be the one that would like to go. Danny Farrar: Can we send more than one? Marion Doss: I guess that is up to us. Sondra Smith: Do we have money in the budget for travel and training? Marion Doss: I don't think we actually do. Robert Johnson: Pete went to this two years ago. • Sondra Smith: We probably need to decide if we are going to a conference each year and then add the cost to the budget. Ronnie Wood: What do we bring back from the conference? Marion Doss: I wonder if this is allowed in the pension laws. We need to ask Kit to look at this and see if we can pay for a conference out of our pension fund. Robert Johnson: Pete said it is pretty much a waste of money unless it is the NCPERS conference. Sondra Smith: There is no money in the budget for dues and subscriptions either to pay the NCPERS dues. A copy of the Budget Reports for 09/30/04 was given to the Board. Marsha Farthing introduced Trish Leach to the Board. She stated that Trish will be handling the Pension fund for the Board in the future. Meeting Adjourned at 11 : 15 AM FIREMEN'S RELIEF AND PENSION January 2005 TMOLLOWING ARE THE OBLIGATIONS OF THE FIREMEN'S RELIEF FUND FOR THE H OF JANUARY. YOU ARE HEREBY INSTRUCTED TO ISSUE CHECKS TO THE PAYEES, IN THE AMOUNTS SHOWN, AND FOR THE PURPOSE SO STATED. DATE OF Regular Mo Year To Date EMP# RETIREMENT NAME Benefit Reg Benefit Fed Tax St Tax Net 79 11/99 ARMSTRONG (DILL), PAMELA 11759.94 1 ,759.94 300.00 100.00 1 ,359.94 177 4/04 BACHMAN, EDDIE 2,542.28 2,542.28 479.27 119.82 1 ,943.19 74 3/86 BAIRD, JULIA 1,749.59 1 ,749.59 350.00 145.00 1,254.59 2 3175 BLACKARD, PAUL 106.09 106.09 106.09 63 5f72 BOLAIN, ANN 106.09 106.09 106.09 68 7/99 BONADUCE, MICHAEL 2,901 .71 2,901.71 475.38 2,426.33 44 9/86 BOUDREY, BETTY MRS. 21405.26 2,405.26 300.00 50.00 2,055.26 45 9/86 BOUDREY, HOWARD 2,028.43 2,028.43 2,028.43 49 7/88 BOUDREY, JACK 1 ,599.64 1 ,599.64 287.68 . 50.00 1 ,261 .96 4 6/67 CARL, FLOYD JR 106.09 106.09 106.09 5 5(72 CASELMAN, ARTHUR 127.31 127.31 127.31 57 5190 CATE, ROY 1 ,736.80 1,736.80 1,736.80 6 4/68 CHRISTIE, ARNOLD 106.09 106.09 106.09 8 10!76 COUNTS, WAYNE 106.09 106.09106.09 77 11/99 DILL,GARYJOHN 11759.95 11759.95 100.00 1,659.95 11 2f76 FARRAR,ALONZO 969.77 969.77 969.77 38 5/84 FRALEY, JOSEPH G. 11716.62 . 10716.62 200.00 15.00 1 ,501 .62 170 5/03 FREEDLE, LARRY 3,705.58 30705.58 500.00 100.00 3,105.58 92 03/02 GAGE,TOMMY 2,521 .06 2,521.06 226.00 50.00 2,245.06 34 6179 HARRIS, JAMES E. 106.09 106.09 106.09 • 70 11/99 HARRIS, MARY RUTH 106.09 106.09 106.09 182 10/04 JENKINS, EILEEN 1 ,736.65 10736.65 350.00 100.00 1 ,286.65 93 06/02 JENKINS, JOHN 1 ,736.66 1 ,736.66 350A0 100.00 1,286.66 86 07/01 JOHNSON,ROBERT 2,983.95 2,983.95 5DOA0 100.00 2,383.95 64 4/95 JORDAN, CHARLIE 20208.69 2,208.69 2,208.69 76 5/88 JUDY, JAN 1 ,599.64 1 ,599.64 200.00 . 50.00 1 ,349.64 37 . 3/84 KING, ARNOLD D. 1 ,478.03 1 ,478.03 265.00 35.00 1 ,178.03 54 5189 KING, ARVIL 10661.37 1 ,661 .37 130.00 50.00 1 ,481.37 12 3/60 LANE, HOPE MRS 106.09 106.09 106.09 13 10/67 LAYER, MERLIN 442.93 442.93 442.93 173 12/03 LEDBETTER, DENNIS 30665.83 3,665.83 575.00 173.00 2,917.83 14 7/74 LEE, HAROLD (DECEASED) 0.00 0.00 0.00 181 10/D4 LEE, VIOLA LOUISE 106.09 106.09- 106.09 " 51 10/88 LEWIS, CHARLES 1 ,599.64 1;599.64 75.00 25.00 1,499.64 40 9/85 LOGUE, PAUL D. 2,78434 20784.74 325.00 75.00 2,384.74 50 9/88 MASON, LARRY 1,583.74 1,583.74 137.61 25.00 10421.13 39 4/85 MC ARTHUR, RONALD A 1 ,702.66 1 ,702.66 150.00 50.00 1,502.66 35 2/62 MC CHRISTIAN, DWAYNE 106.09 106.09 106.09 15 4/77 MC WHORTER, CHARLES 1,295.64 1,295.64 150.00 1 ,145.64 29 8/61 MILLER, DONALD 11266.09 1,266.09 125.00 25.00 1,116.09 73 2/00MILLER,KENNETH 3,087.40 3,087.40 325.00 75.00 2,687.40 42 2/86 MOORE, JAMES H. 106.09 106.09 106.09 176 4/04 MORRIS, DDOE E. 122.00 122.00 122.00 16 4/64 MORRIS, WILLIAM H. (DECEASED) 0.00 0.00 0.00 62 10/68 MORRISON, ELIENE 132.61 132.61 132.61 48 7/88 MULLENS, DENNIS W. 2,127.48 2,127.48 2,127.48 46 5/88 OSBURN, TROY 1 ,844.33 1,844.33 200.00 38.00 1,606.33 81 02101 PHILLIPS,LARRY 2,684:55 2,684.55 2,684.55 53 2/89 POAGE, LARRY 2,278.35 - 2,278.35 300.00 100.00 1 ,878.35 • 22 4/73 REED, JOE r 106.09 106.09 106.09 30 3/81 SCHADER, EARVEL (DECEASED) 0.00 0.00 0.00 172 12/03 SCHADER, MADGE 1,345.64 1 ,345.64 1,345.64 41 9/85 SCHADER, TROY 1 ,480.57 11480.57 57.00 1 ,423.57 83 03/01 SKELTON, KIMBERLY 1 ,182.03 1 ,182.03 125.00 25.00 1 ,032.03 66 8198 SKELTON, PAULINE 413.75 413.75 413.75 DATE OF Regular Mo Year To Date EMP# RETIREMENT NAME Benefit Reg Benefit Fed Tax St Tax Net 82 03/01 SKELTON,KELLY 1 ,182.03 1 ,182.03 125.00 25.00 1 ,032 36 5176 SPRINGSTON, CARL 782.71 782.71 70.00 17.00 695, 90 03/02 STOUT, IMOGENE W. 745.44 745.44 745. 165 12/02 TATE, RALPH 3,561 .26 3,561 .26 300.00 100.00 3,161.26 65 3/66 TUNE, BILLIE SUE 132.61 132.61 132.61 27 3R1 TUNE, MILDRED MRS. 132.61 132.61 132.61 71 1/00 WARFORD,THOMAS 2,429.83 2,429.83 300.00 2,129.83 28 7/68 WATTS, DONALD 424.36 424.36 424.36 88 01/02 WOOD,RONNIE D 2,987.52 2,987.52 800.00 200.00 1 ,987.52 52 9/88 WRIGHT, RANDALL 1 ,642.08 1 ,642.08 200.00 25.00 1 ,417.08 87262.42 87,262.42 9,352.94 . 2,042.82 75,866.66 DROP DATE DROP EMPLOYEES NEW BENEFITS 04/01/00 NAPIER,LONNIE 3,316.32 07/01/00 REAGAN,PETE 3,332.75 01/01/01 DOSS,MARION 5,068.25 03/01/03 MAHAN, MARSHALL 3,843.23 03/01/03 PIERCE, JOEY 3,437.82 03/01/03 SHACKLEFORD, GLEN 3,437.82 04/01/03 O'NEAL, TEDDY 3,884.43 05/01/04 FARRAR, DANNY 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 EXCEED THE AMOUNT ALLOWED BY LAW OR THE CUSTOMARY CHARGE FOR SIMILAR • SERVICES OR SUPPLIES SECRETARY CHAIRMAN AND PRESIDENT ACKNOWLEDGEMENT STATE OF ARKANSAS ) COUNTY OF WASHINGTON) SWORN TO AND SUBSCRIBED BEFORE ME THIS DAY OF , 2003. 2004 NOTARY PUBLIC MY COMMISSION EXPIRES : YTD 6810-9810-5335-00 6810-9810-533506 YTD Colu" • Differ 0.00 r • T n -q FIREMEN'S RELIEF AND PENSION - December 2004 . T�OLLOWING ARE THE OBLIGATIONS OF THE FIREMEN'S RELIEF FUND FOR THE OF DECEMBER. YOU ARE HEREBY INSTRUCTED TO ISSUE CHECKS TO THE PAYEES, IN THE AMOUNTS SHOWN, AND FOR THE PURPOSE SO STATED. DATE OF Regular Mo Year To Date Future EMP# RETIREMENT NAME Benefit Reg Benefit Suppl Fed Tax St Tax Net 79 11199 ARMSTRONG (DILL), PAMELA 1 ,708.68 20,504.16 312.00 300.00 100.00 1 ,308.68 177 4/04 BACHMAN, EDDIE 2,468.23 19,745.84 312.00 479.27 119.82 1 ,869.14 74 3/86 BAIRD, JULIA 1 ,698.63 20,383.56 312.00 350.00 145.00 1 ,203.63 2 3(75 BLACKARD, PAUL 103.00 1 ,236.00 62.40 103.00 63 5/72 BOLAIN, ANN 103.00 1 ,004.25 62.40 103.00 68 7/99 BONADUCE, MICHAEL 2,817.19 • 33,806.28 312.00 475.38 2,341.81 44 9/86 BOUDREY, BETTY MRS. 2,335.20 28,022.40 312.00 300.00 50.00 1,985.20 45 9/86 BOUDREY, HOWARD 1,969.35 23,632.20 312.00 1 ,969.35 49 7/88 BOUDREY, JACK 1 ,553.05 18,636.60 312.00 287.68 50.00 1 ,215.37 4 6/67 CARL, FLOYD JR 103.00 - 1 ,236.00 62.40 103.00 5 5/72 CASELMAN, ARTHUR 123.60 1,483.20 62.40 - 123.60 57 5/90 CATE, ROY - 1 ,686.21 20,234.52 312.00 1 ,686.21 . 6 4/68 CHRISTIE, ARNOLD 103.00 1 ,236.00 62.40 103.00 8 10/76 COUNTS, WAYNE 103.00 1 ,236.00 62.40 103.00 77 11/99 DILL,GARY JOHN 1 ,708.69 20,504.28 312.00 100.00 1 ,608.69 11 2/76 FARRARALONZO - - 941 .52 11 ,298.24 312.00 941.52 38 5/84 FRALEY, JOSEPH G. 1 ,666.62 19,999.44 312.00 _ 200.00 15.00 1.,451 .62 170 5103 FREEDLE, LARRY - 3,597.65 43,171 .80 312.00 500.00 100.00 2,997.65 92 .03/02 GAGE,TOMMY 2,447.63 29,371 .56 312.00 226.00 50.00 2,171.63 34 6179 HARRIS, JAMES E. 103.00 1 ,236.00 62.40 103.00 70 11/99 HARRIS, MARY RUTH 103.00 1,004.25 62.40 103.00 • 182 10/04 JENKINS, EILEEN 1 ,666.07 3,372. 14 350.00 100.00 1 ,236.07 93 06102 JENKINS, JOHN 1,686.08 37,093.66 312.00 350.00 100.00 1,236.08 86 07/01 JOHNSON,ROBERT 2,897.04 34,764.48 312.00 500.00 100.00 2,297.04 64 4195 JORDAN, CHARLIE 2,144.36 25,732.32 312.00 2,144.36 76 5/88 JUDY, JAN 1 ,553.05 180636.60 312.00 200.00 50.00 11303.05 37 3/84 KING, ARNOLD D. 1,434.98 17,219.76 312.00 265.00 35.00 1,134.98 54 5/89 KING, ARVIL 1,612.98 19,355.76 312.00 130.00 50.00 1,432.98 12 3/60- LANE, HOPE MRS 103.00 1 ,004.25 62.40 103.00 13 10/67 LAYER, MERLIN 430.03 5,160.36 312.00 430.03 173 12/03 LEDBETTER, DENNIS . 3,559.06 42,708.72 312.00 575.00 173.00 2,811 .06 14 7A4 LEE, HAROLD (DECEASED) 1,030.00 62.40 0.00 181 10104 LEE, VIOLA LOUISE 103.00 206.00 103.00 51 10188 LEWIS, CHARLES 1 ,553.05 18,636.60 312.00 75.00 25.00 1 ,453.05 40 9/85 LOGUE, PAUL D. 2,703.63 32,443.56 312.00 325.00 75.00 2,303.63 50 9/88 MASON, LARRY 1 ,537.61 18,451.32 312.00 137.61 25.00 1 ,375.00 39 4/85 MCARTHUR, RONALD A. 1 ,653.07 19,836.84 312.00 150.00 50.00 1 ,453.07 35 2/82 MC CHRISTIAN, DWAYNE 103.00 1 ,236.00 62.40 103.00 15 4177 MC WHORTER, CHARLES 1 ,257.90 - 15,094.80 312.00 150.00 1,107.90 29 8/81 MILLER, DONALD - 1 ,229.21 14,750.52 312.00 125.00 25.00 1 ,079.21 73 2/00 MILLER,KENNETH 2,997.48 35,969.76 312.00 325.00 75.00 2,597.48 42 2/86 MOORE, JAMES H. 103.00 1 ,236.00 62.40 103.00 . 176 4/04 MORRIS, DIXIE E. - 118.45 834.30 62.40 118.45 16 4/64 MORRIS, WILLIAM H. (DECEASED) 355.35 0.00' 62 10/68 MORRISON, ELIENE 128.75 1 ,313.25 62.40 128.75 48 7/88 MULLENS, DENNIS W. 2,065.51 24,786.12 312.00 2,065.51 46 5/88 OSBURN, TROY - 1 ,790.61 21 ,487.32 312.00 200.00 38.00 1,552.61 81 02/01 PHILLIPS,LARRY _ 2,606.36 31 ,276.32 312.00 2,606.36 53 2189 POAGE, LARRY 2,211 .99 26,543.88 312.00 300.00 100.00 . 1 ,811 .99 22 4173 REED, JOE 103.00 1,236.00 62.40 103.00 • 30 3/81 SCHADER, EARVEL (DECEASED) 0.00 172 12103 SCHADER, MADGE 1 ,306.45 15,677.40 1,306.45 41 9/85 SCHADER, TROY 1 ,437.45 17,249.40 312.00 57.00 1 ,380.45 83 03/01 SKELTON, KIMBERLY - 1,147.60 13,771 .20 156.00 125.00 25.00 997.60 66 8198 SKELTON, PAULINE 401 .70 4,820.40 312.00 - 401.70 82 03101 SKELTON,KELLY - 1 ,147.60 13,771.20 156.00 125.00 25.00 997.60 36 5176 SPRINGSTON, CARL 759.91 9,118.92 312.00 70.00 17.00 672.91 DATE OF Regular Mo Year To Date Future EMP# RETIREMENT NAME Benefit Reg Benefit Supp) Fed Tax St Tax Net 90 03/02 STOUT, IMOGENE W. 723.73 8,684.76 312.00 723. 165 12/02 TATE, RALPH 3,457.53 41 ,490.36 312.00 300.00 100.00 3,057 65 366 TUNE, BILLIE SUE 128.75 1,313.25 62.40 128. 27 3/71 TUNE, MILDRED MRS. 128.75 1 ,313.25 62.40 128.75 71 1/00 WARFORD,THOMAS 2,359.06 28,308.72 312.00 300.00 2,059.06 28 7/68 WATTS, DONALD 412.00 4,944.00 312.00 412.00 88 01/02 WOOD,RONNIE D 2,900.50 34,806.00 312.00 800.00 200.00 1,900.50 52 966 WRIGHT, RANDALL 1 ,594.25 19,131.00 312.00 200.00 25.00 1 ,369.25 84720.80 1 ,005,154.4314164.80 9,352.94 2,042.82 73,325.04 DROP DATE DROP EMPLOYEES NEW BENEFITS 04/01/00 NAPIER,LONNIE 3,316.32 312.00 07/01/00 REAGAN,PETE 3,332.75 312.00 01/01/01 DOSS,MARION 5,068.25 312.00 03/01103 MAHAN, MARSHALL 3,643.23 312.00 03/01/03 PIERCE, JOEY 3,437.82 312.00 03/01/03 SHACKLEFORD, GLEN 3,437.82 312.00 04/01/03 O'NEAL, TEDDY 3,884.43 312.00 05/01/04 FARRAR, DANNY 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 ACTIONSOF 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 EXCEED THE AMOUNT ALLOWED BY LAW OR THE CUSTOMARY CHARGE FOR SIMILAR SERVICES OR SUPPLIES • SECRETARY CHAIRMAN AND PRESIDENT ACKNOWLEDGEMENT STATE OF ARKANSAS ) COUNTY OF WASHINGTON) SWORN TO AND SUBSCRIBED BEFORE ME THIS DAY OF 22004 NOTARY PUBLIC MY COMMISSION EXPIRES : YrD eal0-9810-5335-00 1,005,154.43 6810-9810-5335-08 14,104.90 YTD Column 1,019,318.23 Diff r D.DD • f i • 2005 Meeting Schedule Firemen's Pension and Relief Fund Board of Trustees Last Thursday of each month 11 :00 a.m. City Administration Room 326 January 27 February 24 March 31 April 28 May 26 June 30 July 28 August 25 September 29 October 27 November 17 December 29 • New 1(orld 91stms 6.0 *LIVE• FI14ANC IAL HA NAG EHE NT PACE 32 DATE'll/17/04 GL2110 TIM 16:48:14 BUDGET PERF01MANCE REPORT PLFALN H7rdn End Date: 1(1/31/0]04 ST ADOPTED BUDGET AHFIm tl)M Y-T-D BUDGET LESS X YEARS Y T-D ACCOUNT NUt6EB - .: BUDGET A1113VFNTS BUDGET TRANSACTIONS REVEM YTDREVEM USED REVEM Furl 6010 - Fire Pmslm Division 0981 - Fire IansLm Revowe . . ACCOUNT CLASSIFICATION REIO -Taxes . 4100.00 RT Taxes 3275(0.00 .00 327500.00 43651.87 158743.65 !6796.35 49 X 145918.84 4100.01 DelingPtcp 13000.00 .00 13000.7 503: 16 18152.09 5152.09- 14D X 16457.11 fiefs§"TOTALS-- : ACCOUNT CLASSIFICATION RE30 -. 11lteriperrmmtal 4301.00 StInffMnb 412;00.00 .00 412688.00 .00 18548.28 227242.72 8 X 412688.18 . 4301.06 ELAue9W .00 10561.00 16661 .00 .00 16660.80 .20 100 X 1147.84 rgw WACCOUNT CLASSIFICATION RE70 - Interest 4703.00 Int-Trust 8]00.00 .00 GDOO.00 82.80 MM.40 3359.60 44 X 4584.00 . 4704.00 Int-lbaw 60000.00 .00 60000.00 492G.66 52196.04 7903.96 7 X 55749.33 4704.02 Int--CD 12700.00 .00 127(X1.00 744.01 7320.00 4600.00 61 X 10602. 11 X04:04 2"iYTt81-7B--X--tO?E96:32 MOO Int-Q ing 100.00 .CO 100.00 61. 14 I60.10 60.10- 160 X 79.65 4708:00 Int-Invest .00 .00 .00 .00 .00 .00 ++r .00 4710.00 D1vOnStock ' 117000.00 .00 117"Alo 736.72 105774.91 11M.09 90 X 97404.03 -X07---39t�2:51398582:51--+x49t14?�9 4770.99 lkml.7c& AID .00 .00 .00 .00 .00 +M .00 4780.00 InvestFees 800(O.OD- .00 80000.00- 20193.74- 85402.80- 5902.80 1(17 X "19.81- Interest i3zR7ifRi Z $2- y.- ACCOINt CLASSIFICATION NEBO - Cm3trilutims 9809.00 Dmatims .00 .00 .00 .00 .00 .00 xt 300.00 4610.00 Off:rfmtr 28671.00 .00 28671 .00 1973.94 21373.57 7M43 75 7. 27337.45 812.00 ( mFWY. ft 57342.00 .00 57342.00 3971.87 45691.10 11600.90 9O X 54674.68 .Contrib TOTALS t '00' --K73-.W --592"f.W -167+99XT --f69I39- -78n -A23I2-fT ACCOUNT CLASS IFICATIOR RE90 - rdscellanews eM.00 Mise Rev .00 .00 .00 .00 .00 .00 +x .00 4999.99 UseFuAal 25(673.00 102793.00 353366.00 .00 .00 333366.00 0 X .00 Mm TOTALS GT3 GG -M279FW --65 i0 -6Y 06 . . . -7172--90430T.W Mid TOTALS . . . . : -ITM74-05 --TTJZ -. 'S X494}' .W -AYTrW -MrL T -& 69T6' -71775Z W Mxld ,5y ew G.0 •LIVE• FINANCIAL MANAGEMENT fPAGE110175 VE 'l1/17Po4 AFA61 TME ]6:47:49 BUDGET PERFORMANCE REPORT rmth the Late: 10/31/-2W4 -_ LURREIL ------ DED_- ADOPTED BUDGET N1FOw MONTH Y-T-0 Y-TD BUDGET IE55 Z YEARS Y-TD OCCOURT NUMBER BUDGET AMQIDMM BUDGET TRANSAGTICi39 ENCQBRANCFS ERPENDITU0 TTD EYP M USED EXPENDITURt5 - 1re s1m -- Division 9810 - fire Fersian Epxme ACCOUNT aASSIFICATION ERZO - Materials and 5d hes :� -- tat/a[1 TOTALS : --- -� -�� - •OS :OG Qf T+T --- fLUMI UA�111 ATIUK-= 5300.00 Pu]s/Wes 00 00 00 00 .00 .00 .00 100.00 ._ S3W:0Uave171-irT'X10----00- 00 5D34.99 T8T Admce .00 .00 .00 .00 .00 .00 .00 +++ .00 5307.00 Aidit Exp 3700.00 .00 3700.00 .01 .00 3700.00 .00 100 XOO.OII 5331.09 5Tm berg .00 .00 J13 .00 .00 .00 00 N+ 00 v - -_ - -:.00- aim -f9C�3.00 914.01 3 l � .00 .00 .00 .00 .00 .00 .00 t++ .00 5323.03 50.00 .00 50.00 15.70 .OD 95.45 45.45 191 .00 537A.00 PemMithd< .00 .00 .00 .00 00 00 .00 +++ 00 3akjp -000---83Q763S3-15321885-X89610:40 5335.01 DROP Eta 40M.00 31335.00 435M.0032304.79 .00 367392.61 68242.39 84 361880.74 5335.0E F GAI)Ban .00 16661.00 16661.00 .00 .00 14164.80 24%.20 85 37168.96 Division TUTUS . . : -1324074.-w- -I39tY�N -TTb7I6�" --.w X79- ZZ3911ZI- 70T -TT4Gm9.m EYad TOTALS . . . . : -f32�1d.06 -Tt3CS7� .OU -TRRf�1kT --Ti67iL'Bd- �S �I7TS79• -fir -�' �IT4�9'TQ" New lbrld 9/stems 6.0 *LIVE* FI HA HCI AL MAHAGEHEHT RttE 229 DATE'll%17/09 ACCUMULATED TRAHSMOH LISTING OL1320 71M 16:41:55 PL"CH TPJM JRN PR1k1EC! G/L DATE MRMAL TYPE TYPE SOURCE DESCRIPTION DEBIT AMOUNT CREDIT MW ACTUAL MAKE -:G/L AOCOUHT HTMER: 6610.9810.M00 00 OFfice aWlies/printM2 FISCAL YEAR TO DATE .00 Base/Detail TOM i OF akIprnt - ' .00 ': .00 .00CA - - /Deta11.107A. . . . . : FWs/Oues 1m 00 CAL 'f00000 Gil. ACCOUNT fftm: 610.9810.5304.00 Travel 8 training FISCAL YEAR TO DATE .00 G/L.A000UHT R W-. 6810.9810.Si09.99 11'avel/training advances FISCAL YEAR TO DATE .00 . Sam/Detail TOTAL .: . : TXT Advice ` - .00.-. . . .00 .AO G/L ACCOUNT NOW: 6810.9910.907.00 Awit egmse FISCAL YEAR TO DATE: 3000.00 Base/Detail TOTAL . . . . : Audit El@ _ .00 .00 3,700.00 , T .AaWH[ -FISC H15 TOTAL . . . . . Settlelmt .00 - .00 .00 G/L ACCM HRM: X610.9810.5314:00 - Professional services FISCAL YEAR TO DATE .00 -i rcof bem . OUITf. HRIBER: 6810.9810.5314.01 Legal services F19CAL YEAR TO DATE: .00 Base/Detail TOTAL . . . . : Legal Sery .00 .00 .00 :GWCOIIr am: 6810.9810.5320.01 - Bank service charRes- FISCAL YEAR TO DATE: 79.75 10/31/21704 406556 JE JB 10265.Cm Rc BR Serv'ar Oct 2004 . 15.70 95.45 Base/Detail TOTAL . . . . : Bmk5erKn 15.70 .00 6.4S T AaoulTr R-� Baw/Detail TOTAL Pen511tteir :00 .00 .00 - CA ACCOUNT HUtm: 6810.9810.5335.00Pension mpmsa FISCAL YEAR TO DATE: 711.667.58 1 i _. I UM523-1willL , 4105M HR JE I Checks 10!31/2004 2468.23 754,847.49 40M HE JE Aava1 Rsc Payroll Checks-10/31/1004 10698.63 756,543.12 405795 HR JE Nimai Rsc Payrol I Checks10/312004 103.00 755,646.12 1 96:85. 40/95 HR JETAma1 Bart Payroll Checks-10/31/2004 2,817.19 _ 759P519.96 i 4(6795 HR JE IAmalaRsc.Payroll Checks-10/31/1004 2,335.20 761,855.16 405145 HR JE:Mmal;Rsrc%Payroll Checks-10!31!1004 1;969.35 763,821.51 40M RR JE Htman Rsc Payroll Checks-.10131/1004 103.00 765,98D.56 418795 HR JE Murat Rsc Payroll Checks-10131/1004 123.60 76.604. 16 4OU79j4ffm_HRS mit an-Rsc Payroil Ctiecica -2684 M- 1b1004 1 .686.21 767,2 40M HR JERsc Payroll Checks-IG/31/20M 103.00 767,496.37 418795 HR JE .Mrean RMC Rycoll Checks1Qr31/1004 - 1 ,708.69 769,26.06 4MM HR a Himan Rsc"Payroll a iecks-10/•3111004 941 .52 770,t416.58 - 405M HR JE Miea1 Rsc Payroll Checks10/31/LOD4 37597.6 775,410.85 ` 40M HR JE Hemi Rsc Payroll Checks-10/31/20342t447.63 7/1,858.48 405165 HR JE Moran Rsc Payroll Checks 1lGnl/1004 103.00 7.7,961.48 Mc-Payroll-aiM s=1 19:1 40576 HR JE Ihma1 Rsc Payroll Checks-10131/10043o372. 15 781 ,39D.28 405M HR- JE l Rsc Payroll Checks-10/31/[004 20897.04 784,287.32 405!93 HR JE IA®a1 Rsc Payroll Checks10/31fM 29144.36 786 431.68 40577 HR JE-IAcea1 Rsc Pawolt Checks-10/31/1004 1 ,434.98 789,419.71 418795 HR JE Ekmm Rsc Payroll Checks10131/1004- 1 .612.98 791 ,032.69 4)5735 HR JE Ikma1 Rsc Payroll Checks-l0/31/2004 56.6 791,089.34 IMM HR a Hawwar RE I; Pay 0 11 aimm-11MMIM ---430.03 1:5193 • 43776 HR JE Ilan Rsc .Wol lChecks-10/31/M 3.559.06 79M78.43 - 45795 HE - JE Moran RTC PayroiI Chmim-lQr31/2004 103.00 795,181.43 405795 HR JE Mmm Rsc Payrol! .[heels-10137/1004 itsm.05 796-,734.4 mm Rs 405795 HR JE Mc P�ayrol I Chet 1W31/M 1.531.61 800.975.72 40576 HR JE IMmm Rsc Payroll Checls-10/31/1004 1,69.07 802,678.79 AT879S HR JE Mma1 Rsc Payroll Checks-10/31/m 103.00 802.731.79 �. . .. c - -251. . 4 Hwwrld Systms 6.0 *LTVE* FINANCIAL 11ANAGEhENT PAGE230 - DATE 11/17/04 ACCUMAID TMSL71ON LISPO NG TIM 16:41:55 PLEACR TRAM JRN _ pROjErT g G/2. DATE . O(WL TYPE TYPE SUIXE DESLRIPI'ION DEBIT AI W a"IT AMET A171fAL Rr11AFn E G/L ACCWM IDT®( 6810.9810.5335.00 PflLsldt elyxehse FISCAL YEAR TO DATE: 7507567.58 406-16 HR JE Htmah Rac Payroll 0earlrs-10/312004 1.7.24.21 885,218.90 4%76 HR A 3kmT1 Rac Payroll Q1aks-10/31/1004 _ 2.997.48 8CR.216.38 __ �- -R--JElllm�RMC ayrF'007'1-ffitic�YID3f2004 r - .-- 4C476 HE X BMW Rac Payroll Checks-10/31/2004 72.10 ONP391.48J- 4676 HR JE Pomao Rac Payroll Crecke-10/312(04 82.40 808,473.88 405195 HR JE RM REM PdWO11 Checks-1631/2004 2,06.51 810.539.39 c rayrol 40M HR JE Ntmn Rac Payrol l Chocks-16312004 2.606.36 814.936 .36 40M ENR JE HAM Rac Payrol l Checks-10/3l/2004 2.211.99 817.148.35 40576 HR JE HMM Rac Pa5Rol1 Checks-10/31/1004103.00 8175257.35 q Taycpll'WOCM-ly31 405795 HR JE MM Rac Payroll Qiecks-101312004 1 ,437.45 619,995.25 403M NR JE Emm Rac Payroll Checks-10/312004 1 , 147.60 821 ,I42.85 40676 NR JE skew Rac wolf Qrecks-IGW2004 17147.60 82`."90.45 - - -- 795 -433 --HIR YI t�0-R6e`CPd9['+11Y . 70 40 RR JE ftRst Payroll Checks-10/31/1004759.91 45 91 823.43.06 403795 HR JE FARM Rsrc Payroll alecks-10/312004 723.73 87/1.175.79 R JE Um Rse Payroll Checks-10/31/1004 3,457.53 82),633.32 40M H bltRk ICV317 A4- .-M-40. - 40i76 HR JE ftm RacPayrol l Checks-10/31/2004 82.40 827.798.12 40M HR JE Mmah Rac Payroll Checks-10/31/20042p359.% 830.157. 18 406795 HR JE HOmm Rac Payroll OTecks-16312004_ 2.412. 833.569. 18 _ 423795 HR JE Ihman Rsrc Payroll Checks-10r'312004 11594.25 835;063.93 MM TOTAL: OCTOBER 84,3%.35 _ .00 835,063.93 _ i652/Detall TOTAL . . . . ; Peesia Tlp 84,3%.35 .00 833.063.93 CJI, ADMIT LAMER: 6810.9910.5335.01 DROP F19CAL YEAR TO DATE 335.087.82 -tabu I I17r3E'Il304- n _ -ER11-Oct--ot-- 3,316:32___ - _ . - 338t 1.1 621769 2 409311 JE JE 1006 56 Record DROP Eip Oct 04 241.15 338r64?.29 62079 1 406311 JE JE 10005 So Record DROP EPP Oct 04 3.332.75 341 .978.04 62(119 2 406311 JE JE I(UE;i_SO Record DROP Eltp Oct 04 751.14 342.2:9.18 4CC311 it it62080 2 406311 JE JE 10019 M DROP EKp Oct04376.61 347;6743V-297-:04 6.2081 1 406311 JE JE 10065 SO Record DROP ERP Oct 07 3,843.23 351 .517.27 62781 2 _ 406311 JE JE 1006 SO IA.mhd DROP Fkp Oct 04 7 •IS 351,763.42 it It IM M RtMv Mor OF M VI t 62082 2 406311 JE JE 1006 SO Record DROP E4 Oct 04 222.51 355 A23.75 GM 1 406311 JE JE 1006 SO Record DROP Figs Oct 04 3.437.82 339.861.57 + 62083 2 406311 JE JE 1006 SO RECO d DROP ERP Oct 04 222.51 3593084.08__ 5 5[089 2 4(6311 JE JE 1006 SO Record DROP BQ Oct 04 746. 15 363,214.66 62085 1 406311 JE JE 10065 S0 Record DROP Exp Oct 04 30916.83 3677131.49 e GM 2 _ 406311 JF JE 1006 SO Record DROP Emp Oct04 261.12 3677392.61 r r" TOTAL. OCTOBER 32,301.79 .00 367.392.61 e + _ Base/mail TOTAL . : DROP Elp 32,304.79 .00 367,382.61 o - G/L ACCa1Nf ffirm.: 6810.9810.5335.06 Fuhae EtTplmndal Bare FISCAL YEAR TO DATE: 14r164.80 Wm/Detail TOTAL . . . . : FIRppBme .00 .00 147164.80 MUMUL . . . . . . . . . - aw -:�irePaiFiOp--- tt6r7I . tsps-- ° FlTOTAL . . . . . . . . . . . . . . . . . . : Fire Pet71 Pets 116,716.84 .00 1. 0.416.79 s _ ie m 19 i9 51 _ 5) SJ 55 T 56 57 Longer Investments Inc. PORTFOLIO APPRAISAL Fayetteville Fire Pension and Relief Fund U/A DTD 6-18-86 November 30, 2004 Unit Total Market Pct. Unit Annual Cur. Quantity Security Cost Cost Price Value Assets Income Income Yield COMMON STOCK 2,300 Abbott Labs 41 .35 95,102.93 41 .96 969508.00 0.9 1 .040 2,392.00 2.5 3,000 Aluminum Co. of 32.84 98,517.30 33.98 101 ,940.00 1.0 0.600 1 ,800.00 1 .8 America 4,000 Amsouth Bancorp 25.09 100,348.57 25.93 103,720.00 1 .0 1 .000 4,000.00 4.0 1 ,450 Anadarko Petroleum 59.37 86,081 .15 69.60 100,920.00 1 .0 0.560 812.00 0.9 Corp 2,550 B.P. Amoco PLC A.D.S. 42.09 107,330.00 61 .35 1569442.50 1 .5 1 .662 4,238.10 3.9 4,000 Balder Electric 25.64 1022557.60 27.58 110,320.00 1 .1 0.600 29400.00 2.3 2,575 BankAmerica Corp. 44.26 113,969.50 46.27 119,145.25 1 .2 2.560 6,592.00 5.8 2,750 Biomet, Inc. 28.89 79,454.80 47.87 131 ,642.50 1 .3 - 0.200 550.00 0.7 1 ,700 Caterpillar Inc. 73.50 124,944.99 91 .55 155,635.00 1 .5 1 .640 2,788.00 2.2 2,000 ChevronTexaco Corp. 36.42 72,841 .76 54.60 109,200.00 1 .1 1 .600 3,200.00 4.4 3,250 Citigroup 40.67 132,177.09 44.75 1459437.50 1 .4 1.600 5,200.00 3.9 2,000 Dell Computer 28.52 57,038.00 40.52 81 ,040.00 0.8 0.000 0.00 0.0 Corporation 2,950 Devon Energy Corp 25.30 74,639.76 41 .42 1229189.00 1 .2 0.200 590.00 0.8 3,250 Dover Corp. 38.80 126,090.05 40.45 131 ,462.50 1 .3 0.640 2,080.00 1 .6 3,000 Ecolab 28.57 85,702.26 34.98 1049940.00 1 .0 0.320 960.00 1. 1 2,500 Emerson Electric 49.75 124,387.50 66.82 1679050.00 1 .6 1.660 4,150.00 3.3 1 ,500 ExxonMobil 27.65 41 ,475.76 51.25 76,875.00 0.7 1 .080 1 ,620.00 3.9 5,750 General Electric . 24.34 139,982.00 35.36 203,320.00 2.0 0.800 4;600.00 3.3 4,000 Genuine Parts 31 .96 127,830.62 43.41 1739640.00 1 .7 1.200 4,800.00 3.8 • 1 ,250 Illinois Tool Works 89.66 112,072.75 94.23 117,787.50 1 .1 0.960 1 ,200.00 1 .1 1 ,500 Intl Business Machines 87.82 131 ,734.20 94.24 1419360.00 1 .4 0.720 1 ,080.00 0.8 3500 Intel Corp 16.12 56,407.50 22.38 78,330.00 0.8 0.320 19120.00 2.0 2500 International Paper Co. 41 .06 102,650.00 41 .52 103,800.00 1 .0 1 .000 29500.00 2.4 3,000 Johnson & Johnson 52.08 156,250.18 60.32 180,960.00 1 .8 1 .140 3,420.00 2.2 2,500 Kennametal, Inc. 39.65 99,124.21 51 .30 128,250.00 1 .2 0.680 1 ,700.00 1 .7 3,000 Kerr McGee Corp. 49.95 149,851 .35 62.23 1869690.00 1 .8 1.800 5,400.00 3.6 2,750 Kraft Foods Inc. - 34.92 96,030.00 34.20 94,050.00 0.9 0.820 2,255.00 2.3 1 ,500 L-3 Communications _ 43.73 65,602.17 74.42 111 ,630.00 1 .1 0.400 600.00 0.9 Holdings Inc. _ 2,000 Lockheed-Martin_ Corp. 54.77 109,536.50 . 60.84 121 ,680.00 1 .2 1.000 29000.00 1 .8 5,250 Mead Westvaco 29.74 156,112.50 33.65 176,662.50 1 .7 0.920 49830.00 3.1 3,000 Medtronic, Inc. 43.91 131 ,715.96 48.05 1449150.00 1 .4 0.335 1 ,005.00 0.8 3,500 Microsoft Corp. 28.58 100,025.02 26.81 . 93,835.00 0.9 0.320 1 ,120.00 1 .1 10,000 Nanogen Inc. . 4.42 44,220.75 4.49 44,900.00 0.4 0.000 0.00 0.0 3,980 Pier 1 Imports - 19.42 77,299.30 18.24 72,595.20 0.7 0.400 1,592.00 2.1 5,000 SBC Communications 24.57 122,840.38 25. 17 125,850.00 1 .2 1 .250 61250.00 5.1 7,500 Schwab Corporation 10.39 77,940.75 10.79 80,925.00 0.8 0.080 600.00 0.8 2,500 Union Pacific Corp. 58.87 147,178.75 63.44 158,600.00 1 .5 1 .200 3,000.00 2.0 4,250 Walgreen Company 33.60 142,816.50 38.18 162,265.00 1 .6 0.210 892.50 0.6 2,850 Walmart Stores 53.84 153,435.63 52.06 148,371.00 1 .4 0.520 1 ,482.00 1 .0 4,123,316.04 498649118.45 47.3 94,818.60 2.3 REAL ESTATE INVESTMENT TRUSTS 1 ,500 Pan Pacific Retail 33.68 50,514.25 59.30 88,950.00 0.9 2.170 3,255.00 6.4 50,514.25 88,950.00 0.9 3,255.00 6.4 PREFERRED DEBT SECURITIES 5,000 G.E. Preferred 6.10°/ 25.00 125,000.00 25.69 128,450.00 1 .2 1 .525 7,625.00 6.1 AAA/AAA (C 11-15-07) 5,000 G.E. Preferred 6.625% 26.01 130,030.00 26.55 132,750.00 1 .3 1 .656 8,281 .25 6.4 AAA/AAA (C 6-28-07) 1 LONGER INVESTMENTS INCORPORATED AO/®I A Regislned Ltvesfinenl Advisor r p • Longer Investments Inc. PORTFOLIO APPRAISAL Fayetteville Fire Pension and Relief Fund U/A DTD 6-18-86 November 30, 2004 Unit Total Market Pct. Unit Annual Cur. Quantity Security Cost Cost Price Value Assets Income Income Yield 3,000 Roch G&E 6.65% 26.30 789893. 10 27.05 819150.00 0.8 1 .662 4,987.50 6.3 AAA/AAA (C 6-20-07) AMBAC 3333923. 10 3423350.00 3.3 20,893.75 6.3 MUTUAL FUNDS-EQUITY 15,000.0000 Japan Webs 9.85 1479750.00 10.31 154,650.00 1 .5 0.002 24.15 0.0 147,750.00 154,650.00 1 .5 24.15 0.0 MUTUAL FUNDS-FIXED 3,000.0000 American Strategic 12.16 36,477.90 12.00 36,000.00 0.3 0.960 2,880.00 7.9 Income Portfolio III _ 36,477.90 36,000.00 0.3 2,880.00 7.9 CORPORATEBONDS 30,000 Exxon Capital Corp. 99.72 29,917.00 101 .77 30,531 .72 0.3 6.000 1 ,800.00 6.0 Notes Aaa/AAA (NC) 6.000% Due 07-01-05 15,000 Gillette Company Notes 99.78 14,967.00 102.07 15,310.24 0.1 5.750 862.50 5.8 Aa3/AA- (NC) 5.750% Due 10-15-05 75,000 Wal-Mart Stores Inc. 98.44 73,831 .00 102.55 76,913.85 0.7 5.875 4,406.25 6.0 5.875% Due 10-15-05 50,000 Boeing Capital Crp 100.00 50,000.00 102.25 51,124.35 0.5 6.040 39020.00 6.0 ANA (NC) 6.040% Due 11-15-05 50,000 NationsBank Corp. 99.79 49,894.00 107.53 53,765.70 0.5 6.375 3,187.50 6.4 Subordinated Notes AA3/A (NC) 6.375% Due 02-15-08 65,000 J.P. Morgan Chase 102.60 66,687.00 109.22 70,994.50 0.7 6.700 4,355.00 6.5 Bank AA3/A+ INC) 6.700% Due 08-15-08 50,000 Bankers Trust NY Corp 99.26 49;630.00 106.88 53,440.95 0.5 6.000 31000.00 6.0 Subordinated Notes A2/A INC) 6.000% Due 10-15-08 _ 259000 First Union Corp. 93.78 239446.00 106.84 26,709.45 0.3 6.000 1 ,500.00 6.4 Subordinated Debentures AI/A- (NC) 6.000% Due 10-30-08 25,000 Pepsico Incorporated ; 97.49 • 24,373.00 106.20 26,549.95 0.3 5.700 19425.00 5.8 Medium Temr Note - _ _ r At/A+ (NC) ! 5.700% Due 11 -01 -08 f 50,000 Hershey Foods Corp. 97.63 489816.00 115.08 57,540.55 0.6 6.950 3,475.00 7.1 Notes Al/A+ (NC) 1 6.950% Due 08-15-12 r 50,000 Paribas New York 96.03 - 48,014.00 112.64 56,317.95 0.5 6.950 3,475.00 7.2 Branch Subordinated Notes AA3/AA- (NC) 6.950% Due 07-22-13 • 2 LLONGER INVESTMENTS INCORPORATED A RrgisirreA Lrveslmenl Advisor ' t Longer Investments Inc. • t . ' PORTFOLIO APPRAISAL Fayetteville Fire Pension and Relief Fund U/A DTD 6-18-86 r November 30, 2004 v , Unit Total Market Pct Unit Annual Cur. Quantity Security Cost Cost Price Value Assets Income Income Yield 60,000 Aetna Inc. Debentures 87.48 52,487.00 108.85 65,311 .56 0.6 6.750 4,050.00 7.7 AA3/A+ (NC) 6.750% Due 09-15-13 509000 Bank America Corp 100.00 503000.00 100.29 50,144.65 0.5 6.250 3,125.00 6.2 AA3/A Monthly Pay (C 2-15-05 @100, monthly thereafter) 6.250% Due 02-15-17 759000 Merrill Lynch & Co. 99.26 74,442.00 108.35 81 ,265.13 0.8 6.500 49875.00 6.5 Inc. Global Bonds AA3/A+ (NC) 6.500% Due 07-15-18 50,000 National City Corp. 96.65 48,326.00 112.77 56,383.05 0.5 6.875 3,437.50 7.1 Sub. Notes A2/A- (NC) 6.875% Due 05-15-19 50,000 IBM Corp. Debentures 100.01 509004.00 116.03 58,013.45 0.6 7.000 3,500.00 7.0 Al/A+ (Subject to make whole call) 7.000% Due 10-30-25 50,000 Dell Computer Corp. 95.46 479731 .00 117.08 58,541 .05 0.6 7.100 3,550.00 7.4 Debentures A2/A- (Subject to make whole call) • 7.100% Due 04-15-28 Accrued Interest 10,777.27 0.1 802,565.00 8999635.38 8.7 53,043.75 6.6 GOVERNMENT BONDS 225,000 U. S. Treasury Note 100.28 225,632.82 100.12 2259281 .25 2.2 3.250 7,312.50 3.2 3.250% Due 08-15-07 200,000 U. S. Treasury Note 100.08 200,162.53 101 .50 203,000.00 2.0 4.000 8,000.00 4.0 4.000% Due 06-15-09 50,000 U. S. Treasury Bond 100.01 50,004.00 105.59 52,796.87 0.5 5.500 2,750.00 5.5 5.500% Due 08.15-28 50,000 U. S. Treasury Bond 98.95 49,474.00 102.16 51 ,078.12 0.5 5.250 2,625.00 5.3 5.250% Due 11-15-28 300,000 U. S. Treasury Bond 98.03 294,097.66 102.25 306,750.00 3.0 5.250 15,750.00 5.4 5.250% Due 02-15-29 Accrued Interest 11 ,286.17 0.1 _ 819,371 .01 8509192.42 8.3 36,437.50 4.5 GOVERNMENT AGENCY 100,000 Federal Farm Credit 100.00 100,000.00 100.28 100,281 .25 1 .0 3.580 3,580.00 3.6 Bank (C 6-15-05 rci 100, 1 X) 3.580% Due 06-15-07 100,000 Federal Home Loan 100.00 100,000.00 98.81 98,812.50 1 .0 3.000 3,000.00 3.0 Bank (C 09-07-05 Q 100 IX) 3.000% Due 09-07-07 100,000 Federal Farm Credit 100.00 100,000.00 98.47 98,468.75 1 .0 3.020 31020.00 3.0 Bank (C I X 03/24/05 @100) 3.020% Due 12-24-07 • 3 LLONGER INVESTMENTS INCORPORATED A Kryislered blves6nrnl Advism • Longer Investments Inc. , PORTFOLIO APPRAISAL Fayetteville Fire Pension and Relief Fund U/A DTD 6-18-86 November 30, 2004 Unit Total Market Pct. Unit Annual Cur. Quantity Security Cost Cost Price Value Assets Income Income Yield 75,000 Federal Home Loan , ' • 100.00 75,000.00 99.22 74,414.06 0.7 3.300 2,475.00 3.3 Bank (C 1 -17-06 @ . 4 ?, 100, 1X) , . 3.300% Due 01 -17-08 250,000 Federal Farm Credit 100.00 250,000.00 97.50 243,750.00 2.4 3.080 7,700.00 3.1 Bank (C I X 04-15-05 @100) 3.080% Due 10-15-08 225,000 Federal Farm Credit 100.00 225,000.00 99.97 224,929.69 2.2 4.000 9,000.00 4.0 Bank (C 12-29-04 @ 100, continuously thereafter) 4.000% Due 12-29-08 125,000 Federal Farm Credit 100.00 - 125,000.00 101.75 127,187.50 1 .2 4.350 5,437.50 4.3 Bank (NC) 4.350% Due 06-01 -09 225,000 Federal Home Loan 100.00 225,000.00 98.78 2229257.81 2.2 4.000 91000.00 4.0 Bank (C 1-3-05 @ 100, continuously thereafter) 4.000% Due 04-01 -10 200,000 Federal Home Loan 100.00 200,000.00 99.25 198,500.00 1 .9 4.200 8,400.00 4.2 Bank (C 1-3-05 @100, continuously thereafter) • 4.200% Due 05-20-10 50,000 Tennessee Valley 98.95 49,474.00 106.83 539415.00 0.5 5.625 2,812.50 5.7 Authority (NC) 5.625% Due 01 -18-11 150,000 Federal Farts Credit 100.00 1509000.00 98.09 147,140.62 1 .4 4.150 6,225.00 4.1 Bank (Call 04-07-06, continuously thereafter) 4. 150% Due 04-07-11 55,556 Federal Home Loan 100.00 55,555.56 99.75 55,416.67 0.5 5.080 22822.22 5.1 Bank (C 1 -3-05 @ 100, continuously thereafter) 5.080% Due 10-03-12 150,000 Federal Farm Credit 100.00 1509000.00 100.00 150,000.00 1 .5 5.000 7,500.00 5.0 Banks (C 1-3-05 @ 100, continuously thereafter) 5.000% Due 10-15-12 75,000 Federal Home Loan 100.00 750000.00 101 .16 75,867.19 0.7 5.375 4,031 .25 5.4 Bank (C 11 -7-05 @100) 5.375% Due II-07-13 Accrued Interest 14,289:63 0.1 1,880,029.56 1 ,884,730.68 18.3 75,003.47 4.0 GNMA 501000.00 GNMA 5.0% Pool# 99.52 49,759.08 93.79 46,897.00 0.5 5.000 2500.00 5.0 GNR 2003-40 AE 5.000% Due 05-20-33 150,000.00 GNMA 6.0% Pool# 100.00 150,000.00 100.62 150,934.50 1 .5 6.000 9,000.00 6.0 GNR 2004-44 EC 6.000% Due 07-20-34 Accrued Interest 926.39 0.0 199,759.08 198,757.89 1.9 11 ,500.00 5.8 • 4 LLONGER INVESTMENTS INCORPORATED A Rryislrred Invrslmenl Advisor • Longer Investments Inc. PORTFOLIO APPRAISAL Fayetteville Fire Pension and Relief Fund UTA DTD 6-18-86 November 30, 2004 Unit Total Market Pct. Unit Annual Cur. Quantity Security Cost Cost Price Value Assets Income Income Yield CASH AND EQUIVALENTS _ Dividends Accrued 21 ,439.12 21 ,439.12 0.2 0.000 0.00 0.0 Money Market 785,486.96 785,486.96 7.6 1 .200 9,425.84 1 .2 806,926.08 806,926.08 7.8 9,425.84 1 .2 CERTIFICATE OF DEPOSIT 50,000 American National 100.00 50,000.00 102. 16 51,079.45 0.5 7.050 3,525.00 7A Bank & Trust Chicago, IL AA2/NR (NC) FDIC-Insured 7.050% Due OS-02-05 50,000 MBNA America Bank 100.00 50,000.00 102.93 51 ,465.45 0.5 6.550 3,275.00 6.5 Newark, DE A3/NR (NC) FDIC-Insured 6.550% Due 12-20-05 40,000 Capital One Bank FSB 100.00 40,000.00 102.94 41,177.08 0.4 4.900 1 ,960.00 4.9 Falls Church, VA BAAI/NR (NC) FDIC-Insured 4.900% Due 02-20-07 Accrued Interest 179255.42 0.2 _ 140,000.00 160,977.40 1 .6 89760.00 6.3 *TOTAL PORTFOLIO 9,340,632.02 10,287,288.29 100.0 316,042.07 3.4 i • 5 LONGER INVESTMENTS INCORPORATED A Regisirrrd Invrslmrnl Advisor Y� •. r— .v ... .c 75� J - - J . • Longer Investments Inc. CONTRIBUTIONS/WITHDRAWAL S City of Fayetteville Fire Pension and Relief Fund From 08-15-02 To 11-30-04 CONTRIBUTIONS 09-10-03 Money Market $350,000.00 08-04-04 Money Market $ 127,000.00 $477,000.00 WITHDRAWALS 10-09-02 Money Market $403000.00 12-12-02 Money Market $99000.00 12-18-02 Money Market $15000.00 01 -08-03 Money Market $735000.00 02-15-03 Money Market $515000.00 03-04-03 Money Market $66,000.00 04-01 -03 Money Market $60,000.00 05-01 -03 Money Market $66,000.00 06-03-03 Money Market $245,000.00 07-01-03 Money Market $30,000.00 • 08-01 -03 Money Market $65,000.00 10-01 -03 Money Market $75,000.00 11-03-03 Money Market $20,000.00 01-06-04 Money Market $24,000.00 01 -22-04 Money Market $216,000.00 02-09-04 Money Market $763000.00 03-01 -04 Money Market $665000.00 04-01 -04 Money Market $755000.00 05-03-04 Money Market $60,000.00 05-19-04 Money Market $88,000.00 06-02-04 Money Market $803000.00 07-01 -04 Money Market $70,000.00 07-29-04 Money Market $ 15,000.00 08- 11-04 Money Market $ 15,000.00 09-08-04 Money Market $80,000.00 10-04-04 Money Market $60,000.00 $1 ,875,000.00 • 6 LONGER INVESTMENTS INCORPORATED e. A Regisferrd lnvrshnml Advisor