Milan Dale Smith jr

Smith Crane Robinson & Parker LLP Defined Benefit Pen Plan — None — PartVIII

Duke Energy Corp — Int/Div — SBEOD

Alltel Corp (Del) — None

American Intl Group, Inc — None — SBEOD

Cendant Corp — None — SBEOD

Chevron Corp — Int/Div — SBEOD

General Electric Co. — Int/Div

Johnson & Johnson — Int/Div

JP Morgan Chase & Co. — None — SBEOD

Kimberly Clark Corp — Int/Div — SBEOD

Microsoft Corporation — Int/Div

Neenah Paper Inc — None — SBEOD

Pfizer Incorporated — None — SBEOD

Blackrock CA Ins Muni 2008 — Int/Div

VK Muni Inc Trust-Com — None — SBEOD

Coca-Cola Company — Int/Div — Sell

Tamarack Prime MM — None — SBEOD

Federated Automated XXX Cash Mgmt Trust-SS — None

Harrahs Entertainment Inc — None — SBEOD

Intuitive Surgical Inc — None

McCormick and Schmicks Seafood Restaurants Inc. — None

Somanetics Corp New — None — BBEOD

Tribune Company New — None — SBEOD

Franklin Multi Income Trust — None — SBEOD

Putnam High Income Bond Fund — None

Kinder Morgan Energy Partners LP Unit Ltd Partnershihp — None

American Tower Corp CL A — None — Sell

Allstate Corp — Int/Div — SBEOD

Constellation Brands, Inc Cl A — None

Constellation Energy Group — Int/Div

Dell Inc. — None — Sell

Devon Energy Corp New — Int/Div

Dow Chemical Company — Int/Div — SBEOD

Fortune Brands Inc — Int/Div

General Motors Corp — None — SBEOD

Goldman Sachs Group Inc. — Int/Div — SBEOD

Intl Game Technology — Int/Div

L 3 Communications Corp — Int/Div

Pepsico Incorporated — Int/Div

Public Svc Enterprises Group Inc — None — SBEOD

Sempra Energy — Int/Div — SBEOD

Time Wamer Inc — Int/Div

Whole Foods Mkt Inc. — Int/Div — Buy

BPPLC Spons Adr — Int/Div — SBEOD

Canadian Natl Ry Co. — Int/Div

Koninklijke Philips Electrs NV (New) — Int/Div

Morgan Stanley Energ Mkts Fd Inc — None — SBEOD

Nabors Industries Ltd. — None

Teco Energy Inc — Int/Div

Boeing Co — Int/Div — sel

Walt Disney Co — Int/Div

Intel Corp — Int/Div

Mellon Finl Corp (PA) — Int/Div

ViacomIncCL A — Int/Div — Sell

Templeton Growth Fund Class A — Int/Div

Fidelity Adv High Sac Muni Port — Int/Div

Mojave Water Ag Imp Dist CA Go B/E FGIC-5.300 9/1/06 — None — Redemption

Los Angeles CNTY CA Pension Ob 6.770 6/30/05 — Interest — SBEOD

Stockton CA Pub Fing Rev Ref West Eight Str FSA CPN: 3.000 — None — SBEOD

First Colony Life Policy — None

Aetna Life Policy — None

McDonalds Corp — None — SBEOD

Sprint Nextel Corp — Int/Div — By

California Pizza Kitchen — None

Quanta SVCS Inc — None — BBEOD

CBSCorpClA — None — SBEOD

Encana Corp — Int/Div

Petrochina Company Ltd Adr Shs Ser H — Int/Div

Franklin Ltd Mat US Govt Sec A — Interest — SBEOD

Ishares Tr Us Treas Infl Protection Secs FD — Interest

AIM Short Term Bd Cl C — Interest — SBEOD

Ameritech Cap Fdg Corp 6.150 1/15/08 — Interest

CIT Group Inc 4.300 2/15/07 — Interest

CNA Financial Corp 6.6000 12/15/08 — Interest

Commercial Credit 6.625 11/15/06 — Int/Div — Sell

Credit Suisse FB USA Inc. 5.7504/15/07 — Interest

DaimlerChrysler NA Hldg 7.200 9/1/09 — Interest

Dow Chemical Company 5.750 12/15/12 — Interest

Dow Chemical Company 5.3000 3/15/13 — Interest

First Chicago NBD Corp 6.125 2/15/06 — Interest — SBEOD

Franklin Universal Trust — Interest

General Electric Cap Corp 8.125 5/15/12 — Interest

General Electric Cap Corp 4.000 4/15/10 — Interest

Goldman Sachs 5.250 10/15/13 — Interest

Hartford Life 4.500 6/15/12 — Interest

Household Fin Corp 5.000 11/15/07 — Interest

Household Fin Corp 5.875 2/1/09 — Interest

Intermendiate Bond Fund America — None — SBEOD

Intl Lease Fin Corp 4.375 11/1/09 — Interest

Intl Lease Fin Corp 4.200 2/15/10 — Interest

John Hancock Life Ins Co 4.150 2/15/12 — Interest

La Salle Fndg LLC Multi 3.000 1/15/11 — Interest

McDonald's Corp 6.000 4/15/11 — Interest

MFS Charter Income Trust — Interest

MFS Govt Markets Income — Interest

MEFS Intermediate Income Trust — Interest

Motorola Inc. 7.625 11/15/10 — Interest

National Rural Utilities 4.125 2/15/11 — Interest

New York Tel Co. 7.000 6/15/13 — Interest

Pitney Bowes Inc 5.875 5/1/06 — Interest — SBEOD

Putnam Master Intrmd Income Tr — Interest

Solomon Bros Var Rate Strategic Fund — Interest — Sell

TRW Med Tenn Sr Notes Cpn 6.30% Due 5/15/08 — Interest

Van Kampen Income Tr Shs Ben Int — Interest — Sell

Ford Motor Credit Co 7.875 6/15/10 — Interest

Ford Motor Credit Co 7.250 10/25/11 — Interest

Ford Motor Credit Co 5.625 10/1/08 — Interest

General Motors Accp Corp 6.125 11/15/08 — Interest

General Motors Accp Corp 5.750 9/15/06 Smart Notes — Interest — Redemption

General Motors Accp Corp 5.400 2/15/08 — Interest

General Motors Accp Corp 5.625 5/15/09 — Interest

General Motors Accp Corp 5.500 7/15/07 — Interest

JC Penney & Co 6.500 12/15/07 — Interest

Teco Energy Inc 7.200 5/1/11 — Interest

Toys R Us 6.875 8/1/06 — Interest — Sell

Solomon 2008 World Term Trust — Interest

Allegheny Cnty PA Hosp 5.400 5/1/06 — None — SBEOD

Anaheim CA Pub Fing Auth 5.000 10/1/10 — Interest

Blackrock Ins Muni 2008 — Interest

California St Trans Dept 0.000% 3/1/08 — None

California St Go 5.000 11/1/07 — Interest

California St Pub Wks Brd Lease Rev Cap 9/1/07 — None

East Bay Calif Mun Util 4.800 6/1/-8 — Interest

Las Vegas-Clark Cnty NV 2.750 6/1/07 — Interest

Los Angeles Cnty Calif 6.900 6/30/08 — None

Mohave Water Agency 5.300 9/1/06 — Interest — SBEOD

Municipal Advantage FD Inc — Interest — Sell

Parlier Calif Redev Agy 4.650% 8/1/10 — Interest

Pasadena CA Electric 5.000 8/1/09 RFD Bonds — Interest

Putnam CA Inv Grade Muni-Com — Interest

Sacramento CA Mun Rev 5.250 8/15/09 — Interest

Sacramento Cnty CA Arpt 6.000 7/1/16 — Interest — Redemption

Franklin Income Class A — Interest — Buy

Enterprise Prods Partners LP — Distribution

Kinder Morgan Energy — Distribution

Oceanside CA Cert Rdp 6.100 4/1/05 — None — SBEOD

Van Kampen Sr. Income — None — SBEOD

Oneok Inc New — Int/Div — BBEOD

Active Power Inc. — None — Sold

Spectranetics Corp. — None

Acco Brands Corp — None — SBEOD

BP PLC Spons Adr — Int/Div — SBEOD

Mississippi St. Go 5.250 07/01/08 — Interest

Franklin Low Diration Total Return CL — Interest — Buy

Franklin/Templeton Hard Cur Cl A — Int/Div — Buy

Russell Money Market S — Int/Div — Buy

Russell Money Market S — Buy

Templeton Global Bond Fd A — Int/Div — BBEOD

Century Tel., Inc. Cpn 5.000% Due 2/15/15 — Interest — BBEOD

CIT Group, Inc. Sr Unsecured Notes 6.00% 3/15/16 — Interest — BBEOD

Countrywide Fin Cpn 4.000% due 7/28/15 — Interest — BBEOD

Dean Witter Discover Odd Cpn Med Term Notes 7.07% 2/10/14 — Interest — BBEOD

Dow Chemical Co Intemotes Mtn B/E Sr — Interest

Notes

IBM Corp Internotes Mts. B/E Cpn 5.00% Due 11/15/14 — Interest — BBEOD

John Hancock Life Ins Co Sr. Uns 4.15% Due 2/15/12 — Int/Div — BBEOD

Motorola Inc. Notes call @market+25 BP — Interest — BBEOD

AIM Enhanced Sh Bond Cl C — Int/Div — BBEOD

AIM Enhanced Sh Bond Cl C — Sell

AIM Enhanced Sh Bond CI C — Sell

Gabelli GIbl Util Inc Tr — Int/Div — Buy

Tamarack Invt Fds Prime — Int/Div — BBEOD

Templeton Global Bond A — Int/Div — Buy

Western Asset Bros 2008 WW & Gvt Tr — Int/Div — BBEOD

Alliance Bemstein Holding LP — Distribution — BBEOD

CIT Group Inc. Internotes Cpn 6.000% due 3/15/16 — Int/Div — BBEOD

Particle Drilling Technology — Int/Div — BBEOD

Powerwave Technologies Inc — None — BBEOD

Powerwave Technologies Inc — None — Sell

Vipropharma Inc — None — BBEOD

Vipropharma Inc — SBEOD

Reddy Ice Holdings Inc — Interest — BBEOD

Ameritech Cap Fdg Corp NT B/E Con 6.150% Due 1/15/08 — Interest — BBEOD

Boeing Co. Global Notes Cpn 5.125% Due 2/15/13 — Int/Div — BBEOD

LA Calif Uni Sch Dist Cpn 5.50% Due 1MMN7 . — Interest — BBEOD

Genzyme Corp Gen Div — None — BBEOD

Dean Witter Discover Co Med Term Notes Cpn 7.07% Due 2/10/14 — Int/Div — BBEOD

Daimler Chrysler N/P Hldg Global Note Cpn 7.20% Due 9/1/09 — Int/Div — BBEOD

CA St Dept Trans Par East Bay State Rev B/E 4.67% Due 3/1/10 — Int/Div — BBEOD

Fidelity Adv Freedom 2010 Fd Cl A — Int/Div — BBEOD

GTE Cal Deb B/E Cpn 7.00% Due 5/1/08 — Int/Div — Buy

Gen Mtrs Accept Corp Smart Notes Med ] Term — None — Redemption

Embarq Corp — Int/Div — BBEOD

Cisco Systems Inc — None — BBEOD

Medcohealth Solutions — None — BBEOD

Merck & Co. Inc. — None — BBEOD

International Business Machines — None — BBEOD

Marriott Int Inc Class A — None — BBEOD

Wal Mart Stores Inc — None — BBEOD

Windstream Corp — None — SBEOD

Wachovia Sec Bank Deposit Sweep Option — None

The Growth Fund of America-R2 — None

The Bond Fund of America-R2 — None

Fidelity Adv. Muni Inc-T — None — SBEOD

Smith Crane Robinson & Parker LLP Defined Benefit Pen Plan — None — PartVIII

Duke Energy Corp — Int/Div — SBEOD

Alltel Corp (Del) — None

American Intl Group, Inc — None — SBEOD

Cendant Corp — None — SBEOD

Chevron Corp — Int/Div — SBEOD

General Electric Co. — Int/Div

Johnson & Johnson — Int/Div

JP Morgan Chase & Co. — None — SBEOD

Kimberly Clark Corp — Int/Div — SBEOD

Microsoft Corporation — Int/Div

Neenah Paper Inc — None — SBEOD

Pfizer Incorporated — None — SBEOD

Blaclrock CA Ins Muni 2008 — Int/Div

VK Muni Inc Trust-Com — None — SBEOD

Coca-Cola Company — Int/Div — Sell

Tamarack Prime MM — None — SBEOD

Federated Automated XXX Cash Mgmt Trust-SS — None

Harrahs Entertainment Inc — None — SBEOD

Intuitive Surgical Inc — None

McCormick and Schmicks Seafood Restaurants Inc. — None

Somanetics Corp New — None — BBEOD

Tribune Company New — None — SBEOD

Franklin Multi Income Trust — None — SBEOD

Putnam High Income Bond Fund — None

Kinder Morgan Energy Partners LP Unit Ltd Partnershihp — None

American Tower Corp CL A — None — Sell

Allstate Comp — Int/Div — SBEOD

Constellation Brands, Inc Cl A — None

Constellation Energy Group — Int/Div

Dell Inc — None — Sell

Devon Energy Corp New — Int/Div

Dow Chemical Company — Int/Div — SBEOD

Fortune Brands Inc — Int/Div

General Motors Corp — None — SBEOD

Goldman Sachs Group Inc — Int/Div — SBEOD

Intl Game Technology — Int/Div

L 3 Communications Corp — Int/Div

Pepsico Incorporated — Int/Div

Public Svc Enterprises Group Inc — None — SBEOD

Sempra Energy — Int/Div — SBEOD

Time Wamer Inc — Int/Div

Whole Foods Mkt Inc — Int/Div — Buy

BP PLC Spons Adr — Int/Div — SBEOD

Canadian Natl Ry Co. — Int/Div

Koninklijke Philips Electrs NV (New) — Int/Div

Morgan Stanley Energ Mkts Fd Inc. — None — SBEOD

Nabors Industries Ltd. — None

Teco Energy Inc — Int/Div

Boeing Co — Int/Div — Sell

Walt Disney Co — Int/Div

Intel Corp — Int/Div

Mellon Finl Corp (PA) — Int/Div

Viacom IncCL A — Int/Div — Sell

Templeton Growth Fund Class A — Int/Div

Fidelity Adv High Sac Muni Port — Int/Div

Mojave Water Ag Imp Dist CA Go B/E FGIC-5.300 9/1/06 — None — Redemption

Los Angeles CNTY CA Pension Ob 6.770 6/30/05 — Interest — SBEOD

Stockton CA Pub Fing Rev Ref West Eight Str FSA CPN: 3.000 — None — SBEOD

First Colony Life Policy — None

Aetna Life Policy — None

McDonalds Corp — None — SBEOD

Sprint Nextel Corp — Int/Div — Buy

California Pizza Kitchen — None

Quanta SVCS Inc — None — BBEOD

CBS CorpClA — None — SBEOD

Encana Corp — Int/Div

Petrochina Company Ltd Adr Shs Ser H — Int/Div

Franklin Ltd Mat US Govt Sec A — Interest — SBEOD

Ishares Tr Us Treas Infl Protection Secs FD — Interest

AIM Short Tenin Bd C1 C — Interest — SBEOD

Ameritech Cap Fdg Corp 6.150 1/15/08 — Interest

CIT Group Inc 4.300 2/15/07 — Interest

CNA Financial Corp 6.6000 12/15/08 — Interest

Commercial Credit 6.625 11/15/06 — Int/Div — Sell

Credit Suisse FB USA Inc. 5.750 4/15/07 — Interest

DaimlerChrysler NA Hldg 7.200 9/1/09 — Interest

Dow Chemical Company 5.750 12/15/12 — Interest

Dow Chemical Company 5.3000 3/15/13 — Interest

First Chicago NBD Corp 6.125 2/15/06 — Interest — SBEOD

Franklin Universal Trust — Interest

General Electric Cap Corp 8.125 5/15/12 — Interest

General Electric Cap Corp 4.000 4/15/10 — Interest

Goldman Sachs 5.250 10/15/13 — Interest

Hartford Life 4.500 6/15/12 — Interest

Household Fin Corp 5.000 11/15/07 — Interest

Household Fin Corp 5.875 2/1/09 — Interest

Intermendiate Bond Fund America — None — SBEOD

Intl Lease Fin Corp 4.375 11/1/09 — Interest

Intl Lease Fin Corp 4.200 2/15/10 — Interest

John Hancock Life Ins Co 4.150 2/15/12 — Interest

La Salle Fndg LLC Multi 3.000 1/15/11 — Interest

McDonald's Corp 6.000 4/15/11 — Interest

MEFS Charter Income Trust — Interest

MEFS Govt Markets Income — Interest

MEFS Intermediate Income Trust — Interest

Motorola Inc. 7.625 11/15/10 — Interest

National Rural Utilities 4.125 2/15/11 — Interest

New York Tel Co. 7.000 6/15/13 — Interest

Pitney Bowes Inc 5.875 5/1/06 — Interest — SBEOD

Putnam Master Intrmd Income Tr — Interest

Solomon Bros Var Rate Strategic Fund — Interest — Sell

TRW Med Term Sr Notes Cpn 6.30% Due 5/15/08 — Interest

Van Kampen Income Tr Shs Ben Int — Interest — Sell

Ford Motor Credit Co 7.875 6/15/10 — Interest

Ford Motor Credit Co 7.250 10/25/11 — Interest

Ford Motor Credit Co 5.625 10/1/08 — Interest

General Motors Accp Corp 6.125 11/15/08 — Interest

General Motors Accp Corp 5.750 9/15/06 Smart Notes — Interest — Redemption

General Motors Accp Corp 5.400 2/15/08 — Interest

General Motors Accp Corp 5.625 5/15/09 — Interest

General Motors Accp Corp 5.500 7/15/07 — Interest

JC Penney & Co 6.500 12/15/07 — Interest

Teco Energy Inc 7.200 5/1/11 — Interest

Toys R Us 6.875 8/1/06 — Interest — Sell

Solomon 2008 World Term Trust — Interest

Allegheny Cnty PA Hosp 5.400 5/1/06 — None — SBEOD

Anaheim CA Pub Fing Auth 5.000 10/1/10 — Interest

Blackrock Ins Muni 2008 — Interest

California St Trans Dept 0.000% 3/1/08 — None

California St Go 5.000 11/1/07 — Interest

California St Pub Wks Brd Lease Rev Cap 9/1/07 — None

East Bay Calif Mun Util 4.800 6/1/-8 — Interest

Las Vegas-Clark Cnty NV 2.750 6/1/07 — Interest

Los Angeles Cnty Calif 6.900 6/30/08 — None

Mohave Water Agency 5.300 9/1/06 — Interest — SBEOD

Municipal Advantage FD Inc — Interest — Sell

Parlier Calif Redev Agy 4.650% 8/1/10 — Interest

Pasadena CA Electric 5.000 8/1/09 RFD Bonds — Interest

Putnam CA Inv Grade Muni-Com — Interest

Sacramento CA Mun Rev 5.250 8/15/09 — Interest

Sacramento Cnty CA Arpt 6.000 7/1/16 — Interest — Redemption

Franklin Income Class A — Interest — Buy

Enterprise Prods Partners LP — Distribution

Kinder Morgan Energy — Distribution

Oceanside CA Cert Rdp 6.100 4/1/05 — None — SBEOD

Van Kampen Sr. Income — None — SBEOD

Oneok Inc New — Int/Div — BBEOD

Active Power Inc — None — Sold

Spectranetics Corp. — None

Acco Brands Corp — None — SBEOD

BP PLC Spons Adr — Int/Div — SBEOD

Mississippi St. Go 5.250 07/01/08 — Interest

Franklin Low Diration Total Retum CL — Interest — Buy

Franklin/Templeton Hard Cur Cl A — Int/Div — Buy

Russell Money Market S — Int/Div — Buy

Russell Money Market S — Buy

Templeton Global Bond Fd A — Int/Div — BBEOD

Century Tel., Inc. Cpn 5.000% Due 2/15/15 — Interest — BBEOD

CIT Group, Inc. Sr Unsecured Notes 6.00% ; 3/15/16 — Interest — BBEOD

Countrywide Fin Cpn 4.000% due 7/28/15 — Interest — BBEOD

Dean Witter Discover Odd Cpn Med Term Notes 7.07% 2/10/14 — Interest — BBEOD

Dow Chemical Co Intemnotes Mtn B/E Sr — Interest

Notes

IBM Corp Intemotes Ms. B/E Cpn 5.00% Due 11/15/14 — Interest — BBEOD

John Hancock Life Ins Co Sr. Uns 4.15% Due 2/15/12 — Int/Div — BBEOD

Motorola Inc. Notes call @market+25 BP — Interest — BBEOD

AIM Enhanced Sh Bond Cl C — Int/Div — BBEOD

AIM Enhanced Sh Bond Cl C — Sell

AIM Enhanced Sh Bond Cl C — Sell

Gabelli Glbl Util Inc Tr — Int/Div — Buy

Tamarack Invt Fds Prime — Int/Div — BBEOD

Templeton Global Bond A — Int/Div — Buy

Western Asset Bros 2008 WW & Gvt Tr — Int/Div — BBEOD

Alliance Bernstein Holding LP — Distribution — BBEOD

CIT Group Inc. Intemotes Cpn 6.000% due 3/15/16 — Int/Div — BBEOD

Particle Drilling Technology — Int/Div — BBEOD

Powerwave Technologies Inc — BBEOD

Powerwave Technologies Inc — Sell

Vipropharma Inc — BBEOD

Vipropharna Inc — SBEOD

Reddy Ice Holdings Inc — Interest — BBEOD

Ameritech Cap Fdg Corp NT B/E Con 6.150% Due 1/15/08 — Interest — BBEOD

Boeing Co. Global Notes Cpn 5.125% Due 2/15/13 — Int/Div — BBEOD

LA Calif Uni Sch Dist Cpn 5.50% Due nn7 — Interest — BBEOD

Genzyme Corp Gen Div — BBEOD

Dean Witter Discover Co Med Term Notes Cpn 7.07% Due 2/10/14 — Int/Div — BBEOD

Daimler Chrysler N/P Hldg Global Note Cpn 7.20% Due 9/1/09 — Int/Div — BBEOD

CA St Dept Trans Par East Bay State Rev B/E 4.67% Due 3/1/10 — Int/Div — BBEOD

Fidelity Adv Freedom 2010 Fd C1. A — Int/Div — BBEOD

GTE Cal Deb B/E Cpn 7.00% Due 5/1/08 — Int/Div — Buy

Gen Mtrs Accept Corp Smart Notes Med Term — Redemption

Embarq Corp — Int/Div — BBEOD

Cisco Systems Inc — BBEOD

Medcohealth Solutions — BBEOD

Merck & Co. Inc — BBEOD

Intemational Business Machines — BBEOD

Marriott Int Inc Class A — BBEOD

Wal Mart Stores Inc — BBEOD

Windstream Corp — SBEOD

Wachovia Sec Bank Deposit Sweep Option

The Growth Fund of America-R2

The Bond Fund of America-R2

Managing Partner to 6-29-06 and Liquidating Partner from 6-30 to 12-31-06, Smith Crane Robinson & Parker LLP, in dissolution-See Part VIII

Escrow holder, Palos Verdes Peninsula Unified School District-Lunada Bay Little League-See Part VIII

Agreement — 1.1998 — Smith Crane Robinson & Parker LLP. Partnership dissolved and ceased doing business effective 6-30-06. (See Part VIII)

Reimbursement — United States District Court of Oregon Historical Society — October 26-27-Portland, Oregon-Spoke to annual dinner (Transportation, Lodging and Meals)

Income — 2006 — Smith Crane Robinson & Parker LLP-Income from law firm — $247,072

Income — 2006 — Income from service as Trustee for Trust 1 — $1,186

Income — 2006 — Brokerage commission income — $23,078

Spouse's income — 2006 — Smith Crane Robinson & Parker LLP-Income from law firm

PARTI

Filer entered on duty as a circuit judge on June 30, 2006. Prior to that date, filer practiced law as a partner of Smith Crane Robinson & Parker LLP (SCRP).

SCRP ceased doing business effective as of June 29, 2006 and entered into a state of dissolution on June 30, 2006. As liquidating partner of SCRP, filer remained

responsible during reporting period for collection of obligations due SCRP and payment of debts owed by SCRP. Filer receives no compensation for performance

of his duties as liquidating partner of SCRP. Only minor duties remain as of the date of this report and the filer presently believes that all remaining obligations of

SCRP will be paid or provided for, the net assets of SCRP will be distributed to the former partners, and SCRP will terminated during calendar year 2007.

Except as noted in the following paragraph, filer resigned all positions except liquidating partner of SCRP effective on or before June 29, 2006.

Filer has acted as escrow holder of $4,950 since approximately 2002, without compensation, for the benefit of the Lunada Bay Little League (League) and the

Palos Verdes Peninsula Unified School District (PVPUSD). Since no activity requiring the involvement of the filer as escrow holder occurred since the escrow was

opened, filer inadvertently forgot about the account until he was reminded of the escrow after the current reporting period. With the written agreement of the

League and the PVPUSD, filer has now resigned as escrow holder and transferred that responsiblity to R. Scott Robinson. The filer has also executed an

assignment of the bank account holding the $4,950 to R. Scott Robinson. As of the date of this report, filer has no further responsibilities under the escrow

agreement.

.

PARTII

Filer is entitled to 39.91% of all net proceeds from the wind up of SCRP, if any. As of the date of this report, SCRP has approximately $20,000 of remaining assets

and still has some ongoing obligations to discharge before final distribution of net assets to former partners.

SCRP's ERISA based retirement plans were terminated during the reporting period and assets therein were distributed to the filer and other interest holders

pursuant to a formula calculated by the plan administator and actuary. All assets of filer

previously held in SCRP retirement plans are now held in

four IRAs and are individually listed in Part VIL

Part III

All income shown in Part III was earned prior to 6-30-06, but a portion thereof was received after 6-30-06.

PART VII

SCRP Defined Benefit Plan assets attributable to filer were distributed in kind to filer dung reporting period and are reported individually in Part VII.

All securities listed on filer's Initial Financial Disclosure Report that were sold in whole or in part before the date filer took his oath of office and entered on duty

are shown in Part D as "SBEOD," which means "sold before entry on duty."

All securities listed on filer's Financial Disclosure Report that were purchased in whole or in part before the date filer took his oath of office and entered on duty

are shown in Part D as "BBEOD," which means "bought before entry on duty."