C7RDER NQ. ~ ~~rE4
AF~F~Ri~VE ~1hJD GCC:Ep~T G?UARTERLY FIh1AtJCIAL R
IIVI~ESTMEfVT REF~ORT
On this day tl-te ?.,rd day of Febr+_iary, 19'8 +_~pon motian made by
Commiss~.aner Paldwin, seconded by C:ammissioner Lackey, the
Co+ar~t unanimo+_~sly approved by a vote of 3-~-~1, to accept the
G~+_iar°ter°ly Financial ~ Investment Report presented by Ca+_inty
Trews+_irer, Elarbara ~lemec far Clctober~• i997 thro+_tgh December
1997.
Order NQ• 25222
er1Y
d accept Report
ApprcVe ~`& Inves~nt
Fi~Cia1
~~~~ 23~ 199a
Val V Page 5~5
t
I
1
i
1
1
i

COMMISSIONERS' COURT AGENDA REQUEST
PLEASE FURNISH ONE ORIGINAL AND FIVE COPIES OF THIS REQUEST AND DOCUMENTS
TO BE REVIEWED BY THE COURT.
MADE BY: BARBARA NEMEC OFFICE: TREASURER
MEETING DATE: FEBRUARY 23, 1998
SUBJECT: (PLEASE BE SPECIFIC)
T1ME PREFERRED: AM
ACCEPT QUARTERLY FINANCIAL & INVESTMENT REPORT
EXECUTIVE SESSION REQUESTED: (PLEASE STATE REASON)
ESTIMATED LENGTH OF PRESENTATION:
IF PERSONNEL MATTER -NAME OF EMPLOYEE:
NAME OF PERSON ADDRESSING THE COURT:
BARBARA NEMEC
Time for submitting this request for Court to assure that the matter is posted in accordance with Title 5,
Chapter 551 and 552, Government Code, is as follows:
Meeting scheduled for Mondays:
THIS REQUEST RECEIVED BY:
THIS REQUEST RECEIVED ON:
5 min.
5:00 P.M. previous Monday.

All Agenda Requests will be screened by the County Judge's Office to determine if adequate information has
been prepared for the Court's fom~-al consideration and action at time of Court Meetings. Your cooperation will
be appreciated and contribute towards you request being addressed at the earliest opportunity. See Agenda
Request Rules Adopted by Commissioners' Court.
KERI~ CtJUf~ITY
C?UARTERL_'r' FIt~df,t~aCTF~I_ / Ih~IVE'=a1-t~11=:f 11" REf-~OFiT'
l"he following i.s the G!~_~arterl~y~ In~~~e_tit,F~~nt Report <_inci the G?~_~ar~ter~~l;~
Financial Report for Herr, C:G~_ITlty, for the raor,ths of October, t~lovem-
l~er` Lind Der_einber 199?.
The i.nvestmearits for the q~_~arte~r followed tr,ca i.nvestment~ ~trategiEas
oP the Nterr• Cn~_u,t~:: Inveat~nent f=~~~Ii1_~r. F~_inci<; were invested with
t:~r~eser~v.~tion and safety of princip.:~l being ttte foremost obfECtive.
Fin operating balance was Dept at all tiir~e<.~ tea meet the cash F:LotAa
needs in tt~e depositary band, dr~awi.ng 7.r,terest ~_~ncler tt,e depositor-~y~
contr~act. S~..lrpl~_is f~_~nds wer-~e investia~j in sec~_~ritie<, approved ~_~nder
the co~_inty ~.nvestuient policy.
hdef~:t q~_rarter wi.l.l reflect tarx c_ollec~tion :>~~~:~son therefore are
investment committee meetinia will br= ~r._ried~_~led in oi~•iac~r t:~~ determine
the best investment str~1zteF?y. h1y uot-~l. is ~ta invra.~trr~~-i,t s~_~rpl!_!s f~_inds
r,ot nnly in anr~ form u1` :~ec~_~rit~~ b~_~t divr~rsii=v s~_u_t, t~~_tnds i•~hile still
lrI a l r, t a 1 rr l f l i] t t'i t. [) r' E? ~i E? r' ~' ~ t 1 i) r, ct 1, d 'r cl f' E' t ~~ L) T' p r' 1 T, C:: 1 C:i ci I .
.~ The followrnFx l=ivt pages represent tt,e in~e<stment an~j ~fin:~n~ial.
posi~tian o~t {-,err~~ Cn~_inty as of December 31, i'~`a7.
BARBARA NE_'MEC:
F;E F?R CUUN1°Y TREA SURER
EXAMINED AMID APPROVED IN OPEN COMMISSIONERS COURT THIS THE c?,RD, DAY
OF FEBRUARY, 1998.
ROBERT A. DEN50N, COUNTY ,JUDGE
H. A. BAI._DWIN. COMtr1. F'CT. 1
TOMMY TOMLIN50N, COUNT`f AUDITOR
l". H. L_ACF{EY, COMM. F'C1" ~_
JONA1"HAN l_1='TZ. COMM. 1='CT. .1
BRUCE OEHI__ER, COt~1M. I~'CT. 4
i:.l:::r~a~~: i:;i:;~..1ri.r..•r laial~IZ;I::a) a:I•IZ~c::z•'rl:::z~l~n:::::>s
r~~i:rl:; 'rl-Ir::: I~~1:::f~::I:f7T:~ G:I•Ix;a:l•~I(:~ r:fi:-:;f::IYlf:~l::a': :L`:.~':>~~;:'


fll~~li:)t.11~1'r'
bo
~8 & ~y
15
-_ ~;~
GENERPl1. Uf3~.~C~r IU~NS ... ., .., . .... ,.. .. ~ 73, w~.:ad
R ~ ~ p~Q fuE1UER'FFL. C:fJ'/~TRA~7VAl. U6L~:G/~T f:QNS., ,.... ,.:i: ~.7:t,, 855. 39
(~ 8 6 LEASE AuRCNMSE ~: I d..~ ~ 1. 7th
1994 $R TCL ~OIUD.: ...:... .. ,. „ .. ,...:..: .. ..:{ T. 9+~D6, X56.. 3f~
'T'i:)'T'-"~L.. l::fi:11••Il:?f::Tr 7:1•~IhE:r:~ l..E::Z}hlE:f.;So ... ,. .:, 1 ! I ...
TREASURER'S REP g97
gERR COU1997 TBRU DECEMBER
OCTOBER
REVENUES
BANK ~` TRUST BEGINNING
Y STATE NCE
FROM IB~~' M6NTS
DISBUR5EMENTS TR N ~~ MENT5
22 5424.000.00
853,236'
	TOTAL
TOTAL FUNK
ENDING INVESTMENTS
BALANCE	481 44 51~$~a~~6@,50
3,
62 73
566,789,39 51,515,841.14 5673,623•
37
52
6
715. 43
.
547,
5645,1
512,820,3
182,60 528 872•
471,36
44
1
5
528,
532.78
3	,
50.00 5224.3
805'
0
00
528, 872.4
5224.31	.
5
519,
65
83,6X5.19 58,115•
607.03
31
1?9.40
516, 409.34	522,
54,706.
52x.23 574,774•bl
56
53,
516,079.80
75.31	,
869,199.24 5104,050.9
551, 31 599.39
1
55, 5
499,61
52 $
92.817	,
510
5292.14 552,208.2
90
800.78 t5?,705•
8
1
407.51
01	,
53
50.00 557, 800, 48
47
273'
7
~ ~ }705.9
343.01	515
.
554,45
15
84,374.36 512~9g4.
53,
898.76	5118.97 516,923' Z
51@,
875.18
512,
34
47	9
55,388.66 55 200•
474,14
109.02 8142,
5
.
511,5
591.27	72
8
,
576 581.79 862+ 896•
565,892.35	8450.74 8300,215• e
324•
562, 445.~g
849.	-_
5290,3 50,00 550'
---
59,
55@,324'38	535.55
--_-._---- 40?,
-"~ 53,
217'9
0
,
65 52,99
5ECURIT FUNDS
OPERATING	GALA

32	315,532.2
51,
0
72	51, 421.09
521,
541,45	

049,42
	5280,493.
510,390.73	523~~5
'
566,067.10
1	569,
521,103' 68	56,
5164,950.0
0
10-GENERAL
DG'L
Y	945.71
531535	232•b
434
545'53	8573,879.
531,680.00	5
•
5150 000'00
JUR
11- D & UGE
BRI A	6 e
25	5
.
531724,32	8370,000.00	55,000.00
13-ROA PROTECTION 53, 79
8179.9 5120,887.55 86,970•
14-FIRE & BRIDGE 291.85 53,080.00 523,824.17
15-ROAD 5115, 13 080,01 50.00
16-LATERAL R&B ROAD 52,300. 538, 50 00
~ LATERA LIBRARY 51,g23'96 81,836.03
17 rM 53.739.34 5876.84 53,480.87
18-COUNTY LIBRARY 51,674.89 50.00
19-pUBLIC 81,622.77
ROAD DISTRICTS 613.17 52,962.55 518,240.18
22-FLOOD CONTROTY ,10,444.96 55,534.28 5122,9?0'00
SAFE MENT 80.@0 8?7,579.18 S0•
24-TRAFFIC MANAGE TY 54,858.03 50.00
28-RECORDS SEGURI 848,734.45 50,00
29-GOURT80USE 55,940.13 86,711.85
T yEALT OBL1G' 56,163.33 57,844.71 510,31
58 R BIG OONTRAO• TION 53,689.746 5 8.37 5125.52
OBLIGA 54,222.00
59-GENERAL BOND 597, 561,30 50 0@
GK & SAIL OBL1O, 54,712,50 564 695.84
60 50.00 535,802•g8
61-GERTIFICAT BOND 51972 14 -
62-1994 JAIL CEMENT 59,849•'28 551,036.10 ---__-- - --
IMPRO TRUST 091,27 ----- 509.82
70-PERMANENT ROAD 535, _ _ ------'~ 1 83,251,
7l-SGHREI AGENGY -----"- ~- 82,339,119,9
89-TRUST 5579,707.56
TOTAL revenue from fund 16
8 32 865.53 actual transf from fund 17
et
15 Road & Bridge 5 31,00 00 budget transfer
Fund 545,53 : 5370,
5434,
- - - ~~ 00 5417, 317.
5750,000.00
KERR COUNTY INVESTMENT REPORT
UCT08ER 1997 THRU DECEMBER 1997
FEUERATEG INVESTORS (GOVERNMENT MONEY MARKET)
OPERATING FUNDS
10-GENERAL
11-JURY
13-R&B ADD'L
14-FIRE PROTECTION
15-ROAD & BRIDGE
17-FM & LATERAL
18-COUNTY LAW LIBRARY
19-PUBLIC LIBRARY
20-ROAD DISTRICTS
22-FLOOD CONTROL
24-TRAFFIC SAFETY
28-RECORDS MANAGEMENT
29-COURTHOUSE SECURITY
50-INDIGENT HEALTH
58-R~8 CONTRAC. OBLIG.
59-GENERAL OBLIGATION
60-CH 8~ JAIL BOND
61-CERTIFICATES OF OBLIG
62-1994 JAIL BOND
70-PERMANENT IMPROVENEN'f
71-SCHREINER ROAD 'PRUST
BEGINNING
BALANCE
S1, 522, 561.40
515, 634. 22
5439, 675. 89
549, 628. 52
5164, 172. 52
5152, 193. 72
S9, 598.23
S6, 442. 45
568, 298. 77
S 100, 228.93
5288. 11
538, 296.80
50.00
553, 749. 11
54, 316. 58
5117. 75
S5, 318.79
55, 043. 17
524, 928. 75
S445. 39
5286, 587. 23
TRANSFER IN
5507, 000.00
50.00
50.00
S0.00
50.00
50.00
50.00
S0.00
50.00
50.00
50.00
50.00
50.00
50.00
50.00
50.00
S0. 00
50.00
551, 125. 52
50. 00
50.00
TOTAL S2, 947, 526.33 5558, 125.52
TRANSFER OUT
5424, 000.00
S0. 00
50.00
56, 049. 42
5164, 950.58
5150, 000.00
S5, 000. 00
50. 00
S0. 00
50.00
50. 00
50.00
50. 00
50.00
50.00
50.00
50. 00
S0. 00
50. 00
S0. 00
S0. 00
5750, 000. 00
INTEREST
517, 930.04
5206.92
55, 797. 94
5603.50
5778.06
S1, 432.07
5108.08
584.78
5900.47
51, 322.38
54.03
5503.98
50.00
5708.36
557.78
51.22
569.87
565. 85
5527. 52
S5. 35
S3, 779. 31
ENDING
BALANCE
S1, 623, 491.44
515, 841.14
5445, 473.83
544, 182.60
50.00
S3, 625.79
54, 706.31
56, 527.23
569, 199.24
5101, 551.31
5292.14
538, 800.78
50.00
554, 457.47
54, 374.36
5118.97
S5, 388.66
55, 109.02
576, 581.79
5450.74
5290, 366.54
534, 887.51 52, 790, 539.36
INTEREST REPORT
OCTOBER 1997 - DECEMBER 1997
FEDERATED MONEY MARKET ACCOUNT
OCTOBER 1997

OPERATING FUNDS
10-GENERAL
11-JURY
13-R&B ADD'L
14-FIRE PROTECTION
1~-ROAD & BRIDGE
17-FM & LATERAL
18-000NTY LAW LIBRARY
19-PUBLIC LIBRARY
20-ROAD DISTRICTS
22-FLOOD CONTROL
24-TRAFFIC SAFETY
28-RECORDS MANAGEMENT
50-INDIGENT HEALTH
58-R&B CONT OBLIG.
59-DEN CONT OBLIG.
60-CH & JAIL BOND
61-CERTIFICATE OF OBLIG
62-1994 JAIL BOND
70-PERMANENT IMPROVEMENTS
71-SCHREINER ROAD TRUST
TOTAL
3 MONTH AVERAGE YIELD: 5.23%
NATIONS BANK
GOVERNMENT AGENCIES
10-GENERAL
62-JAIL INTEREST
& SINKING
TOTAL
56,027.35
574.10
92, 082.22
9235.64
9778.06
9721.74
545.94
531.12
5323.08
5474.24
51.48
5180.81
5254.91
520.75
50.00
525.19
523.71
5118.56
51.48
S1, 357.52
512, 777.90
OCTOBER 1997
50.00
NOVEMBER 1997	DECEMBER 1997	TOTAL			
55, 693.15	56, 209.54	517, 930.04			
571.68	561.14	5206.92			
S2, 012.31	S1, 703.41	S5, 797.94			
5199.11	5168.75	5603.50			
50.0@	50.00	5778.06			
5696.88	513.45	51,432.07		DATE	DATE
543.80	518.34	5108.08	YIELD	PURCHASED	MATURED
529.20	524.46	584.78			
5313.26	5264.13	5900.47			
5459.28	5388.86	51, 322.38	19 5.415%	09-30-97	12-30-97
S 1.33	51.22	S4. 03			
5175.21	5147.96	5503.98			
5245.57	5207.88	5708.36	i4 5.415%	09-30-97	12-30-97
519.91	517.12	557.78			
50.00	51.22	51.22			
523.89	520.79	569.87	;6 5.465%	09-30-97	03-27-98
522.57	519.57	565.85			
5115.48	5293.48	5527.52			
52.65	51.22	55.35			
51, 311.46
------
--	51110.33
------------	S3, 779.31
------------			
-
---
511, 436.74	510, 672.87	534, 887.51			
NOVEMBER 1997 DECEMBER 1997 TOTAL
S6, 753.94 S6, 753.94
5679.39 5679.39
----------- ----------- ------------
50.00 S7, 433.33 S7, 433.33
INVESTMENTS
MATURED/PURCHASED
					DATE	DATE	
SECURITY DESCRIPTION	FUND	PRINCIPAL	INTEREST	YIELD	PURCHASED	MATURED	BROKER/DEALER
FNMA DISC NOTE	62-JAIL INTEREST	550,320.61	5679.39	5.415%	09-30-97	12-30-97	NATIONS9ANK
CUSIP 313589RD7	& SINKING						
FNMA DISC NOTE	10-GENERAL	5500,000.00	56,753.94	5.415%	09-3@-97	12-30-97	NATIONSBANK
CUSIP 313589RD7							
FHLB DISC NOTE	13-R&B ADD'L	5199,678.54	55,321.46	5.465%	09-30-97	03-27-98	NATIONS$ANK
CUSIP 313385UU8							
KERR COUNTY
t2URRTERLY FINANCIAL / INVESTMENT REPORT
The following is the Ouar^ter^ly Investment Report ti~nd the Quarter^ly
Financial Report for Kerr. County, for^ the months of October^, Novem-
ber^ and December 1997.
The investments for the g1_~arter followed the investment strategies
of the Ker^r^ County Investment Policy. Funds wer^e invested with
preser^vation and safety of pr^incipal being the foremost objective.
An operating balance was kept at all times to meet the cash flow
needs in the depositor^y bank, drawing inter^est under^ the depository
contr^act. Surplus funds were invested in securities approved ~_tnder
the county investment policy.
Next quay^ter^ will reflect tax collection season ther^efor^e an
investment committee meeting will be schedl_~led in order to deter^mine
the best investment strategy. My goal is to investment s~_ir^pl~_ts f~_~nds
' not only in one form of recur^ity bF.~t diversify such fainds while still
maintaining the pr^eser^vatian and safety of pr^incipal.
The following five pages r^epr^esent the investment and financial
position of Kerr^ County as of December^ 31, 1997.
-------- - .~~U
BARB RA NEMEC
KERR COUNTY TREASURER
EXAMINED AND APPROVED IN OPEN COMMISSIONERS COURT THIS THE c,?,RD, DAY
BRUARY, 1998.
ROB T A. DENS , COUNTY JUDGE
TOMMY TOML-INSON, COUNTY AUDITOR
~~~~~~ ~.i~d
~~ ~
v • ~ ~'eC..~~ s- ~ f
H. A. BALDW I COMM. PCT. 1
T. H. L CKEY. COM PCT ~:
JONATHAN LETZ, COMM. PCT. 3
-------
BRUCE OEHLER, COMM. PC7. 4
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