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					                  Interfund Loan Survey - December 2006

         City      Investment      Investment                Comments
                      Report          Policy
Agoura Hills            No             No       Contract city-do not have enterprise funds

Alameda                 No             No       Each interfund loan is approved by city council based on a report with detailed info which
                                                then becomes the loan agreement document.
Alhambra               No             No        None

Elk Grove               No             No       None

La Quinta               No             No       Loans are generally not considered investments and are included with 53601 of Gov code.

Lake Forest             No             No       City's investment policy doesn't include a provision for interfund loans.

Marina Coast           Yes             No       Interfund loans are included on quarterly financial report. No set policy.
Water District

Morro Bay               No             No       None

Mountainview            No             No       None

Palo Alto               No             No       Most city funds are pooled together for investment purpose and reported as such in quarterly
                                                reports.
Redlands                No             No        Probably wouldn't qualify under Gov code 53601

Rockville, MD           No             No       None

San Luis Obispo         No             No       If we purchased bonds, we wouldn't report it as an interfund loan it would be
                                                part of our portfolio.

Tustin                  No             No       We don't have a written policy but we do take formal "loan" agreements for the RDA or
                                                Water Enterprise to Council for approval.
Ukiah                   No             No       Any interfund loan is handled on a case by case basis via an ASR for council approval.

				
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