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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANIES 811-09143 Investment Company Act File Number Eaton Vance Florida Municipal Income Trust (Exact Name of Registrant as Specified in Charter) The Eaton Vance Building, 255 State Street, Boston, Massachusetts 02109 (Address of Principal Executive Offices) Alan R. Dynner, Esq. Eaton Vance Management, 255 State Street, Boston, Massachusetts 02109 (Name and Address of Agent for Services) (617) 482-8260 (Registrants Telephone Number, Including Area Code) November 30 Date of Fiscal Year End February 28, 2007 Date of Reporting Period
Item 1. Schedule of Investments
as of February 28, 2007
Principal Amount (000s omitted) |
|
Security |
|
Value |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Education 1.6% |
|||||||||||
$1,000 | Volusia County, Educational Facilities Authority, (Embry Riddle Aeronautical), 5.75%, 10/15/29 |
$ | 1,041,920 | ||||||||
$ | 1,041,920 | ||||||||||
Escrowed / Prerefunded 7.2% |
|||||||||||
$ 500 | Capital Trust Agency, (Seminole Tribe Convention), Prerefunded to 10/1/12, 8.95%, 10/1/33 (1) |
$ | 614,135 | ||||||||
1,805 | Lakeland Hospital System, (Lakeland Regional Health System), 5.50%, 11/15/32 |
1,983,045 | |||||||||
2,000 | Orange County, Health Facilities Authority, (Adventist Health System), 5.625%, 11/15/32 |
2,210,040 | |||||||||
$ | 4,807,220 | ||||||||||
Health Care - Miscellaneous 0.2% |
|||||||||||
$ 155 | Osceola County Industrial Development Authority, Community Provider Pooled Loan, 7.75%, 7/1/17 |
$ | 155,188 | ||||||||
$ | 155,188 | ||||||||||
Hospital 14.4% |
|||||||||||
$2,000 | Brevard County Health Facilities Authority, (Health First, Inc.), 5.00%, 4/1/36 |
$ | 2,082,200 | ||||||||
500 | Highlands County, Health Facilities Authority, (Adventist Health System), 5.25%, 11/15/36 |
534,695 | |||||||||
1,030 | Jacksonville Economic Development Authority, (Mayo Clinic), 5.00%, 11/15/36 |
1,089,534 | |||||||||
1,250 | Jacksonville Economic Development Authority, (Mayo Clinic), 5.50%, 11/15/36 |
1,338,612 | |||||||||
1,000 | Orange County Health Facilities Authority, (Orlando Regional Healthcare), 4.75%, 11/15/36 |
1,015,980 | |||||||||
900 | Orange County Health Facilities Authority, (Orlando Regional Healthcare), 5.125%, 11/15/39 |
953,478 | |||||||||
1,075 | South Miami Health Facility Authority Hospital Revenue, (Baptist Health), 5.25%, 11/15/33 |
1,134,200 | |||||||||
1,400 | West Orange Health Care District, 5.80%, 2/1/31 |
1,485,022 | |||||||||
$ | 9,633,721 | ||||||||||
Housing 2.7% |
|||||||||||
$ 650 | Capital Trust Agency, (Atlantic Housing Foundation), 5.30%, 7/1/35 |
$ | 670,598 |
$ 585 | Escambia County Housing Finance Authority, Single Family Mortgage, (Multi-County Program), (AMT), 5.50%, 10/1/31 |
$ | 603,492 | ||||||||
500 | Florida Capital Projects Finance Authority, Student Housing Revenue, (Florida University), Prerefunded to 8/15/10, 7.75%,
8/15/20 |
564,050 | |||||||||
$ | 1,838,140 | ||||||||||
Industrial Development Revenue 3.8% |
|||||||||||
$ 804 | Broward County, Industrial Development Revenue, (Lynxs Cargoport), (AMT), 6.75%, 6/1/19 |
$ | 831,968 | ||||||||
1,000 | Capital Trust Agency, (Fort Lauderdale Project), (AMT), 5.75%, 1/1/32 |
1,052,990 | |||||||||
650 | Puerto Rico Port Authority, (American Airlines), (AMT), 6.30%, 6/1/23 |
650,552 | |||||||||
$ | 2,535,510 | ||||||||||
Insured-Electric Utilities 9.5% |
|||||||||||
$1,600 | Burke County, GA, Development Authority, (Georgia Power Co.), (MBIA), (AMT), 5.45%, 5/1/34 |
$ | 1,601,824 | ||||||||
1,100 | Guam Power Authority, (MBIA), 5.125%, 10/1/29 |
1,143,373 | |||||||||
2,750 | Jupiter Island, Utility System, (South Martin Regional Utility), 5.00%, 10/1/28 |
2,822,487 | |||||||||
750 | Puerto Rico Electric Power Authority, (FSA), Variable Rate, 6.63%, 7/1/29 (1)(4) |
829,837 | |||||||||
$ | 6,397,521 | ||||||||||
Insured-Escrowed/Prerefunded 10.5% |
|||||||||||
$ 650 | Miami-Dade County, Professional Sports Franchise Facility, (MBIA), Escrowed to Maturity, 5.25%, 10/1/30 |
$ | 772,746 | ||||||||
1,350 | Miami-Dade County Health Facilities Authority, (Miami Childrens Hospital), (AMBAC), Prerefunded to 8/15/11, 5.125%,
8/15/26 |
1,440,801 | |||||||||
7,625 | Port St. Lucie, Utility System Revenue, (MBIA), Prerefunded to 9/1/13, 0.00%, 9/1/32 |
2,082,616 | |||||||||
1,250 | Puerto Rico Highway and Transportation Authority, (MBIA), Prerefunded to 7/1/16, 5.50%, 7/1/36 |
1,423,638 | |||||||||
1,250 | Saint Petersburg, Public Utilities Revenue, (FSA), Prerefunded to 10/1/09, 5.00%, 10/1/28 |
1,303,813 | |||||||||
$ | 7,023,614 | ||||||||||
Insured-General Obligations 2.6% |
|||||||||||
$1,500 | Puerto Rico, (FSA), Variable Rate, 12.684%, 7/1/27 (1)(3) |
$ | 1,778,940 | ||||||||
$ | 1,778,940 |
Insured-Hospital 5.1% |
|||||||||||
$1,000 | Coral Gables Health Facilities Authority, (Baptist Health System of South Florida), (FSA), 5.00%, 8/15/29 |
$ | 1,059,660 | ||||||||
1,000 | Maricopa County, Industrial Development Authority, (Mayo Clinic Hospital), (AMBAC), 5.25%, 11/15/37 |
1,024,970 | |||||||||
1,250 | South Miami Health Facility Authority, Hospital Revenue, (Baptist Health), (AMBAC), 5.25%, 11/15/33 |
1,326,588 | |||||||||
$ | 3,411,218 | ||||||||||
Insured-Housing 1.7% |
|||||||||||
$1,100 | Broward County, Housing Finance Authority, Multifamily Housing, (Venice Homes Apartments), (FSA), (AMT), 5.70%, 1/1/32 |
$ | 1,131,317 | ||||||||
$ | 1,131,317 | ||||||||||
Insured-Miscellaneous 5.5% |
|||||||||||
$3,500 | Orange County, Tourist Development Tax, (AMBAC), 5.125%, 10/1/30 |
$ | 3,682,945 | ||||||||
$ | 3,682,945 | ||||||||||
Insured-Other Revenue 3.0% |
|||||||||||
$2,000 | Miami-Dade County, (Professional Sports Franchise), (MBIA), 4.75%, 10/1/30 |
$ | 2,033,240 | ||||||||
$ | 2,033,240 | ||||||||||
Insured-Special Tax Revenue 20.5% |
|||||||||||
$1,485 | Cape Coral, Special Obligation, (MBIA), 4.50%, 10/1/36 |
$ | 1,497,043 | ||||||||
2,910 | Dade County, Special Obligation, (AMBAC), 5.00%, 10/1/35 (2) |
2,952,864 | |||||||||
2,100 | Jacksonville, Sales Tax, (AMBAC), 5.00%, 10/1/30 |
2,178,750 | |||||||||
1,470 | Miami Beach, Resort Tax, (AMBAC), 6.25%, 10/1/22 |
1,863,710 | |||||||||
3,040 | Miami-Dade County, Special Obligation, (MBIA), 0.00%, 10/1/35 |
739,358 | |||||||||
5,000 | Miami-Dade County, Special Obligation, (MBIA), 0.00%, 10/1/38 |
1,032,300 | |||||||||
5,610 | Miami-Dade County, Special Obligation, (MBIA), 0.00%, 10/1/40 |
1,042,562 | |||||||||
1,395 | Miami-Dade County, Special Obligation, (MBIA), 5.00%, 10/1/37 |
1,431,675 | |||||||||
1,000 | Sumter Landing Community Development District, (Recreational Revenue), (MBIA), 4.75%, 10/1/35 |
1,032,510 | |||||||||
$ | 13,770,772 | ||||||||||
Insured-Transportation 27.9% |
|||||||||||
$2,250 | Florida Ports Financing Commission, (FGIC), (AMT), 5.50%, 10/1/29 |
$ | 2,354,333 |
$4,500 | Greater Orlando, Aviation Authority, (FGIC), (AMT), 5.25%, 10/1/18 (2) |
$ | 4,686,105 | ||||||||
2,000 | Hillsborough County Port District, (Tampa Port Authority Project), (MBIA), (AMT), 5.00%, 6/1/36 |
2,109,000 | |||||||||
500 | Lee County Airport, (FSA), (AMT), 5.75%, 10/1/25 |
534,620 | |||||||||
650 | Lee County Airport, (FSA), (AMT), 6.00%, 10/1/29 |
700,401 | |||||||||
120 | Miami-Dade County, Aviation Revenue, (Miami International Airport), (CIFG), (AMT), 5.00%, 10/1/38 |
126,505 | |||||||||
3,975 | Miami-Dade County, Aviation Revenue, (Miami International Airport), (CIFG), (AMT), 5.00%, 10/1/38 (2) |
4,190,511 | |||||||||
3,750 | Palm Beach County Airport System, (MBIA), (AMT), 5.00%, 10/1/34 |
3,977,700 | |||||||||
$ | 18,679,175 | ||||||||||
Insured-Water and Sewer 26.9% |
|||||||||||
$1,000 | Emerald Coast, Utility Authority Revenue, (FGIC), 4.75%, 1/1/31 |
$ | 1,036,110 | ||||||||
3,295 | Fort Lauderdale, Water and Sewer, (MBIA), 4.50%, 9/1/35 |
3,330,059 | |||||||||
2,000 | Marco Island, Utility System, (MBIA), 5.00%, 10/1/33 (5) |
2,109,480 | |||||||||
1,500 | Miami Beach, Storm Water, (FGIC), 5.375%, 9/1/30 |
1,584,480 | |||||||||
1,000 | Okeechobee Utility Authority, (FSA), 5.00%, 10/1/25 |
1,035,880 | |||||||||
2,500 | Port St. Lucie, Utility System Revenue, (MBIA), 0.00%, 9/1/32 |
780,550 | |||||||||
2,415 | Port St. Lucie, Utility System Revenue, (MBIA), 0.00%, 9/1/33 |
718,149 | |||||||||
4,000 | Sunrise, Utility System, (AMBAC), 5.00%, 10/1/28 |
4,362,160 | |||||||||
1,156 | Tampa Bay, Water Utility System, (FGIC), 4.75%, 10/1/27 (2) |
1,176,558 | |||||||||
1,844 | Tampa Bay, Water Utility System, (FGIC), Prerefunded to 10/1/08, 4.75%, 10/1/27 (2) |
1,892,352 | |||||||||
$ | 18,025,778 | ||||||||||
Nursing Home 1.6% |
|||||||||||
$ 265 | Orange County Health Facilities Authority, (Westminster Community Care), 6.60%, 4/1/24 |
$ | 275,804 | ||||||||
735 | Orange County Health Facilities Authority, (Westminster Community Care), 6.75%, 4/1/34 |
766,282 | |||||||||
$ | 1,042,086 | ||||||||||
Senior Living / Life Care 2.3% |
|||||||||||
$1,500 | Lee County Industrial Development Authority, (Shell Point Village), 5.50%, 11/15/29 |
$ | 1,540,845 | ||||||||
$ | 1,540,845 |
Special Tax Revenue 17.3% |
|||||||||||
$ 95 | Covington Park Community Development District, (Capital Improvements), 5.00%, 5/1/21 |
$ | 98,016 | ||||||||
500 | Covington Park Community Development District, (Capital Improvements), 5.00%, 5/1/31 |
518,295 | |||||||||
345 | Dupree Lakes Community Development District, 5.00%, 11/1/10 |
344,966 | |||||||||
360 | Dupree Lakes Community Development District, 5.375%, 5/1/37 |
364,003 | |||||||||
320 | Heritage Harbor South Community Development District, (Capital Improvements), 6.20%, 5/1/35 |
344,832 | |||||||||
250 | Heritage Springs Community Development District, 5.25%, 5/1/26 |
255,565 | |||||||||
765 | Heritage Springs Community Development District, 6.75%, 5/1/21 |
781,761 | |||||||||
340 | New River Community Development District, 5.00%, 5/1/13 |
340,782 | |||||||||
140 | New River Community Development District, 5.35%, 5/1/38 |
140,543 | |||||||||
350 | North Springs Improvement District, (Heron Bay), 5.20%, 5/1/27 |
357,270 | |||||||||
660 | North Springs Improvement District, (Heron Bay), 7.00%, 5/1/19 |
674,434 | |||||||||
1,000 | River Hall Community Development District, (Capital Improvements), 5.45%, 5/1/36 |
1,016,830 | |||||||||
490 | Southern Hills Plantation I Community Development District, 5.80%, 5/1/35 |
508,591 | |||||||||
600 | Sterling Hill Community Development District, 6.20%, 5/1/35 |
641,724 | |||||||||
500 | Stoneybrook West Community Development District, 7.00%, 5/1/32 |
533,780 | |||||||||
1,000 | Tisons Landing Community Development District, 5.625%, 5/1/37 |
1,030,280 | |||||||||
820 | University Square Community Development District, 6.75%, 5/1/20 |
869,741 | |||||||||
450 | Vista Lakes Community Development District, 7.20%, 5/1/32 |
483,017 | |||||||||
725 | Waterlefe Community Development District, 6.95%, 5/1/31 |
786,219 | |||||||||
175 | West Palm Beach Community Redevelopment Agency, (Northwood Pleasant Community), 5.00%, 3/1/29 |
184,469 | |||||||||
1,270 | West Palm Beach Community Redevelopment Agency, (Northwood Pleasant Community), 5.00%, 3/1/35 |
1,331,938 | |||||||||
$ | 11,607,056 | ||||||||||
Total Tax-Exempt Investments 164.3% |
|||||||||||
(identified cost $103,431,671) |
$ | 110,136,206 | |||||||||
Other Assets, Less Liabilities (11.3)% |
$ | (7,581,084 | ) | ||||||||
Auction Preferred Shares Plus Cumulative Unpaid Dividends (53.0)% |
$ | (35,503,452 | ) | ||||||||
Net
Assets Applicable to Common Shares 100.0% |
$ | 67,051,670 |
AMBAC |
| AMBAC Financial
Group, Inc. |
AMT |
| Interest earned
from these securities may be considered a tax preference item for purposes of the Federal Alternative Minimum Tax. |
CIFG |
| CDC IXIS Financial
Guaranty North America, Inc. |
FGIC |
| Financial Guaranty
Insurance Company |
FSA |
| Financial Security
Assurance, Inc. |
MBIA |
| Municipal Bond
Insurance Association |
(1) |
Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At February 28, 2007, the aggregate value of the securities is $3,222,912 or 4.8% of the Trusts net assets applicable to common shares. |
(2) |
Security represents the underlying municipal obligation of an inverse floating rate obligation held by the Trust. |
(3) |
Security has been issued as a leveraged inverse floater bond. The stated interest rate represents the rate in effect at February 28, 2007. |
(4) |
Security has been issued as an inverse floater bond. The stated interest rate represents the rate in effect at February 28, 2007. |
(5) |
Security (or a portion thereof) has been segregated to cover margin requirements on open financial futures contracts. |
A summary of financial instruments at February 28, 2007 is as follows:
Futures Contracts
|
|
|
|
|
|
|
|
|
|
|
Expiration |
|
Aggregate |
|
Position |
|
Cost |
|
Value |
|
Net Unrealized |
06/07 |
|
55 U.S. Treasury Bond |
|
Short |
|
$(6,210,510) |
|
$(6,211,562) |
|
$(1,052) |
Interest Rate Swaps
At February 28, 2007, the Trust had entered into an interest rate swap with Merrill Lynch Capital Services, Inc. whereby the Trust makes bi-annual payments at a fixed rate equal to 4.006% on the notional amount of $2,550,000. In exchange, the Trust receives bi-annual payments at a rate equal to the USD-BMA Municipal Swap Index on the same notional amount. The effective date of the interest rate swap is August 7, 2007. The value of the contract, which terminates on August 7, 2037, is recorded as a payable for open interest rate swap contracts of $45,097 at February 28, 2007.
At February 28, 2007, the Trust had entered into an interest rate swap with Citibank N.A. whereby the Trust makes bi-annual payments at a fixed rate equal to 3.925% on the notional amount of $2,550,000. In exchange, the Trust receives bi-annual payments at a rate equal to the USD-BMA Municipal Swap Index on the same notional amount. The effective date of the interest rate swap is August 16, 2007. The value of the contract, which terminates August 16, 2027, is recorded as a payable for open interest rate swap contracts of $28,048 at February 28, 2007.
At February 28, 2007, the Trust had entered into an interest rate swap with JP Morgan Chase Bank, N.A. whereby the Trust makes bi-annual payments at a fixed rate equal to 3.984% on the notional amount of $4,100,000. In exchange, the Trust receives bi-annual payments at a rate equal to the USD-BMA Municipal Swap Index on the same notional amount. The effective date of the interest rate swap is October 25, 2007. The value of the contract, which terminates October 25, 2027, is recorded as a payable for open interest rate swap contracts of $71,943 at February 28, 2007.
At February 28, 2007, the Trust had sufficient cash and/or securities to cover commitments under these contracts.
The cost and unrealized appreciation (depreciation) in value of the investments owned at February 28, 2007, as computed on a federal income tax basis, were as follows:
|
Aggregate cost |
$ |
94,242,373 |
|
Gross unrealized appreciation |
$ |
6,806,313 |
|
Gross unrealized depreciation |
|
(2,480) |
|
Net unrealized appreciation |
$ |
6,803,833 |
Item 2. Controls and Procedures
(a) It is the conclusion of the registrants principal executive officer and principal financial officer that the effectiveness of the registrants current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commissions rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrants principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.
(b) During the second fiscal quarter of the period covered by this report, the registrants internal control over financial reporting was modified to enhance the review and analysis of the relevant terms and conditions of transfers of securities in connection with inverse floating rate obligations in light of Statement of Financial Accounting Standards No. 140.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Eaton Vance Florida Municipal Income Trust
By: |
/s/ Cynthia J. Clemson | |
|
Cynthia J. Clemson |
|
President and Principal Executive Officer
Date: |
April 23, 2007 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: |
/s/ Cynthia J. Clemson | |
|
Cynthia J. Clemson |
|
President and Principal Executive Officer
Date: |
April 23, 2007 |
By: |
/s/ Barbara E. Campbell | |
|
Barbara E. Campbell |
|
Treasurer and Principal Financial Officer
Date: |
April 23, 2007 |
Eaton Vance Florida Municipal Income Trust
Certification
Pursuant to Rule 302 of the Sarbanes-Oxley Act of 2003
I, Cynthia J. Clemson, certify that:
1. |
I have reviewed this report on Form N-Q of Eaton Vance Florida Municipal Income Trust; |
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the schedule of investments included in this report, fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is being filed;
4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and
(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5. The registrant's other certifying officers and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and
(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
By: |
/s/ Cynthia J. Clemson | ||
|
Cynthia J. Clemson |
| |
|
President |
| |
Date: |
April 23, 2007 |
Eaton Vance Florida Municipal Income Trust
Certification
Pursuant to Rule 302 of the Sarbanes-Oxley Act of 2003
I, Barbara E. Campbell, certify that:
1. |
I have reviewed this report on Form N-Q of Eaton Vance Florida Municipal Income Trust; |
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the schedule of investments included in this report, fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is being filed;
4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and
(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5. The registrant's other certifying officers and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and
(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
By: |
/s/ Barbara E. Campbell | ||
|
Barbara E. Campbell |
| |
|
Treasurer |
| |
Date: |
April 23, 2007 |