Liberty Capital Advisors          Client Name: Penn Manor School District Operating Account
2101 Oregon PikePortfolio: General Fund
Lancaster, PA 17601-4548Month:September 2000

A Summary of Your Portfolio on August 31, 2000
 
PurchaseMarket
CusipPar ValueDescriptionCouponMaturityYieldCostValue
 
1,508,874  Money Market (per bank)1,508,874.081,508,874
313396E74 1,000,000  FHLMC Discount Note     09/05/006.531  996,611.67999,100
313384E88 1,000,000  FHLB Discount Note     09/06/006.562  988,800.00998,900
313312G46 510,000  FFCB Discount Note     09/18/006.546  503,944.32508,368
313396G56 490,000  FHLMC Discount Note     09/19/006.567  485,718.22488,334
313384H51 500,000  FHLB Discount Note     09/27/006.561  497,585.00497,550
313312J35 584,000  FFCB Discount Note     10/03/006.561  580,244.88580,554
313396J38 1,000,000  FHLMC Discount Note     10/03/006.546  991,288.89994,100
313384J42 625,000  FHLB Discount Note     10/04/006.626  614,953.13621,188
313588K87 1,000,000  FNMA Discount Note     10/16/006.537  989,543.89991,700
313588K87 297,000  FNMA Discount Note     10/16/006.615  294,544.64294,535
313384L23 625,000  FHLB Discount Note     10/18/006.595  615,874.65619,625
313396L84 500,000  FHLMC DISC NOTE     10/24/006.572  495,185.00495,150
313384L98 500,000  FHLB Discount Note     10/25/006.551  494,497.50495,050
313588M28 500,000  FNMA Discount note     10/26/006.569  493,866.67494,950
313588N84 1,000,000  FNMA Discount Note     11/09/006.579  986,311.11987,500
313396Q55 2,000,000  FHLMC Discount Note     11/22/006.594  1,968,000.001,970,400
313396Q55 700,000  FHLMC Discount Note     11/22/006.569  689,331.22689,640
313588Q57 775,000  FNMA Discount Note     11/22/006.577  763,444.75763,530
313588S89 1,000,000  FNMA Discount Note     12/11/006.593  979,651.39981,800
313384U80 270,000  FHLB Discount Note     12/27/006.714  262,985.62264,303
313589AD5 1,000,000  FNMA Discount Note     01/04/016.763  969,986.39977,500
313589AU7 1,000,000  FNMA Discount Note     01/19/016.629  972,793.33974,800
31364GQX0 500,000  FNMA Note4.870  01/29/016.970  504,791.67498,475
313313BF4 500,000  FFCB Discount Note     01/30/016.696  484,533.33486,400
313385BJ4 1,000,000  FHLB Discount Note     02/02/016.656  970,273.33972,300
Liberty Capital Advisors          Client Name: Penn Manor School District Operating Account
Portfolio: General Fund
Month:September 2000

A Summary of Your Portfolio on August 31, 2000
 
PurchaseMarket
CusipPar ValueDescriptionCouponMaturityYieldCostValue
 
313385BX3 500,000  FHLB Discount Note     02/15/016.672  483,986.53484,950
31339REE3 1,000,000  FHLMC DISCOUNT NOTE     03/01/016.717  967,593.89967,670
31364GG94 160,000  FNMA Note5.250  04/19/017.101  160,358.53161,625
 
Totals22,044,8746.616  21,715,573.6321,768,871

Cash Transactions Diary
 
     Date     Description     Deposits     Withdrawals
 
     09/05/00     Wire In Funds      2,000,000.00        
     09/06/00     Wire Out Funds              350,000.00
     09/19/00     Wire In Funds      500,000.00        
     09/20/00     Wire Out Funds              1,020,000.00
     09/30/00     Month End Custodian Balance Adjustment      2,929.69        
 
 
 
 
 
 
 
 
 
 
 
Liberty Capital Advisors          Client Name: Penn Manor School District Operating Account
Portfolio: General Fund
Month:September 2000

A Summary of Your Portfolio on September 30, 2000
 
PurchaseMarket
CusipPar ValueDescriptionCouponMaturityYieldCostValue
 
9,128  Money Market (per bank)9,128.019,128
313312J35 584,000  FFCB Discount Note     10/03/006.561  580,244.88583,591
313396J38 1,000,000  FHLMC Discount Note     10/03/006.546  991,288.89999,300
313384J42 625,000  FHLB Discount Note     10/04/006.626  614,953.13624,438
313588K87 1,000,000  FNMA Discount Note     10/16/006.537  989,543.89997,000
313588K87 297,000  FNMA Discount Note     10/16/006.615  294,544.64296,109
313384L23 625,000  FHLB Discount Note     10/18/006.595  615,874.65622,875
313396L84 500,000  FHLMC DISC NOTE     10/24/006.572  495,185.00497,750
313384L98 500,000  FHLB Discount Note     10/25/006.551  494,497.50497,650
313588M28 500,000  FNMA Discount note     10/26/006.569  493,866.67497,600
313396M75 1,000,000  FHLMC Discount Note     10/31/006.563  990,206.94994,300
313588N84 1,000,000  FNMA Discount Note     11/09/006.579  986,311.11992,700
313396Q55 2,000,000  FHLMC Discount Note     11/22/006.594  1,968,000.001,980,800
313396Q55 700,000  FHLMC Discount Note     11/22/006.569  689,331.22693,280
313396Q55 675,000  FHLMC Discount Note     11/22/006.577  666,000.00668,520
313588Q57 775,000  FNMA Discount Note     11/22/006.577  763,444.75767,560
313384R43 1,020,000  FHLB Discount Note     11/29/006.604  1,003,836.121,008,882
313396R54 500,000  FHLMC Discount Note     11/30/006.615  491,975.00494,500
313588S89 1,000,000  FNMA Discount Note     12/11/006.593  979,651.39987,000
313396U27 500,000  FHLMC Disc Note     12/21/006.553  492,050.00492,600
313396U27 510,000  FHLMC Disc Note     12/21/006.568  502,317.42502,452
313588U29 1,000,000  FNMA DISC NOTE     12/21/006.582  981,243.89985,200
313384U80 270,000  FHLB Discount Note     12/27/006.714  262,985.62265,734
313589AD5 1,000,000  FNMA Discount Note     01/04/016.763  969,986.39982,700
313589AU7 1,000,000  FNMA Discount Note     01/19/016.629  972,793.33980,100
31364GQX0 500,000  FNMA Note4.870  01/29/016.970  504,791.67501,607
Liberty Capital Advisors          Client Name: Penn Manor School District Operating Account
Portfolio: General Fund
Month:September 2000

A Summary of Your Portfolio on September 30, 2000
 
PurchaseMarket
CusipPar ValueDescriptionCouponMaturityYieldCostValue
 
313313BF4 500,000  FFCB Discount Note     01/30/016.696  484,533.33489,050
3133MANJ4 1,000,000  FHLB NOTE6.350  02/01/016.689  1,005,046.391,009,646
313385BJ4 1,000,000  FHLB Discount Note     02/02/016.656  970,273.33977,700
313385BX3 500,000  FHLB Discount Note     02/15/016.672  483,986.53487,700
31339REE3 1,000,000  FHLMC DISCOUNT NOTE     03/01/016.717  967,593.89972,758
31364GG94 160,000  FNMA Note5.250  04/19/017.101  160,358.53162,654
 
Totals23,250,1286.621  22,875,844.1123,022,882
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liberty Capital Advisors          Client Name: Penn Manor School District Operating Account
2101 Oregon PikePortfolio: General Fund
Lancaster, PA 17601-4548Month:September 2000

All Transactions for the month of September 2000
 
DateTypeParDescriptionCouponMaturityDebitsCredits
 
09/01/00Buy Trade 1,020,000  FHLB Discount Note  11/29/001,003,836.12   
09/01/00Buy Trade 500,000  FHLMC Discount Note  11/30/00491,975.00   
09/05/00Maturity 1,000,000  FHLMC Discount Note  09/05/00   1,000,000.00
09/06/00Maturity 1,000,000  FHLB Discount Note  09/06/00   1,000,000.00
09/06/00Buy Trade 1,000,000  FHLMC Discount Note  10/31/00990,206.94   
09/06/00Buy Trade 1,000,000  FNMA DISC NOTE  12/21/00981,243.89   
09/08/00Buy Trade 1,000,000  FHLB NOTE6.35002/01/011,005,046.39   
09/08/00Buy Trade 675,000  FHLMC Discount Note  11/22/00666,000.00   
09/18/00Maturity 510,000  FFCB Discount Note  09/18/00   510,000.00
09/19/00Maturity 490,000  FHLMC Discount Note  09/19/00   490,000.00
09/22/00Buy Trade 500,000  FHLMC Disc Note  12/21/00492,050.00   
09/27/00Maturity 500,000  FHLB Discount Note  09/27/00   500,000.00
09/27/00Buy Trade 510,000  FHLMC Disc Note  12/21/00502,317.42   
 
Totals6,132,675.763,500,000.00
Earnings:
     September 2000 Income          123,405.01                                         
     Fiscal Year To Date Income          216,197.77
                                         
Michael StramaraPhone: 717-519-6009
Liz BrownPhone: 800-517-3000
Ken PhillipsFax:    717-519-6120