06. DECEMBER 31, 2020
Institution Par Value
Book Value Price
@ Cost
(Fair Value) Market
Value Yield
Money Market Accounts:
Citizens Business Bank - Money Market 3,002,009$ 3,002,009$ 3,002,009$ 0.200%
First American Govt Oblig Fund CI Y 205,140 205,140 205,140 0.010%
Total Money Market 3,207,149$ 3,207,149$ 3,207,149$ 0.188%
Pooled Investment Accounts:
CAMP Pool 10,365,852$ 10,365,852$ 10,365,852$ 0.120%
Local Agency Investment Fund*3,327,669 3,327,669 3,341,361 0.576%
Total Pooled Investment 13,693,520$ 13,693,520$ 13,707,212$ 0.231%
PFM Managed Investment Portfolio:
U.S. Treasury Bond / Note 9,500,000$ 9,509,540$ 10,006,779$ 2.030%
Supra-National Agency Bond / Note 1,200,000 1,199,110 1,210,322 2.210%
Municipal Bond / Note 1,570,000 1,575,939 1,609,390 1.120%
Federal Agency Collaterized Mortgage 1,248,129 1,260,352 1,286,381 2.410%
Asset-Back Security / Collateralized 1,547,035 1,546,944 1,570,679 2.670%
Certificate of Deposit 2,920,000 2,920,000 2,969,818 1.840%
Federal Agency Bond / Note 12,665,000 12,663,092 12,887,659 0.940%
Corporate Note 6,670,000 6,733,661 6,949,094 2.270%
Total PFM Managed Investments 37,320,164$ 37,408,638$ 38,490,122$ 1.696%
ACTIVE DEPOSITS TOTAL 54,220,833$ 54,309,307$ 55,404,484$ 1.238%
Checking Account:
Citizens Business Bank - General Account 20,498,048$ 20,498,048$ 20,498,048$ 0.000%
Citizens Business Bank - HdL Holding 7,817$ 7,817$ 7,817$ 0.000%
Total Inactive Deposits 20,505,865$ 20,505,865$ 20,505,865$ 0.000%
INACTIVE DEPOSITS TOTAL 20,505,865$ 20,505,865$ 20,505,865$
GRAND TOTAL CASH 74,726,699$ 74,815,173$ 75,910,349$
*yield as of the prior quarter end
CITY OF EASTVALE
Schedule of Investments
Fiscal Year 2020-21 as of December 31, 2020
Per Government Code requirements, the Investment Report is in compliance with the City of
Eastvale's Investment Policy, and there are adequate funds available to meet
budgeted and actual expenditures for the next six months.
ACTIVE DEPOSITS
INACTIVE DEPOSITS
I. PORTFOLIO DIVERSIFICATION
DIVERSIFICATION BY INSTRUMENT
Money Market 5.91%
LAIF 6.13%
CAMP Pool 19.09%
Certificates of Deposit 5.38%
U.S. Treasury Bond/ Note 17.51%
Supra-National Agency Bond/Note 2.21%
Municipal Bond / Note 2.90%
Federal Agency Collaterized Mortgage 2.32%
Asset-Backed Security/ Collateralized 2.85%
Federal Agency Bond/ Note 23.32%
Corporate Note 12.40%
100.00%
DIVERSIFICATION BY MATURITY (PFM PORTFOLIO ONLY)
Less Than 90 Days 21.93%
90 days to Six Months (26 Weeks)1.43%
Six Months to One Year (52 Weeks)3.64%
One to Two Years (104 Weeks)14.44%
Two to Three Years (156 Weeks)28.31%
Three to Four Years (208 Weeks)11.20%
Four to Five Years 19.05%
Five Years +0.00%
100.00%
II. PORTFOLIO PERFORMANCE MEASURES
Yield at Cost - December 31, 2020 1.238%
Annual Investment Income Budget 756,379$
Investment Income Received:
Money Market 15$
LAIF 19,123
CAMP Pool 12,092
Certificate of Deposits -
U.S. Treasury Bond/ Note 128,103
Federal Agency Bond/ Note 77,388
Asset-Backed Security/ Collateralized 84,180
Corporate Note 73,685
Supra-National Agency Bond/Note 18,764
Realized Gain/ (Loss)160,523
Total Investment Income Received-YTD 12/31/2020 573,873
Less Investment Fees Paid:
Trust Fees-U.S. Bank (2,590)
Mgmt Fee-PFM (17,433)
Total Investment Fees Paid-YTD 12/31/2020 (20,023)
Net Investment Income Received-YTD 12/31/2020 553,851$
Over/(Under) Annual Budget (202,529)$
% of Annual Budget 73.224%
Net Yield Annualized at Cost - December 31, 2020 1.090%
CITY OF EASTVALE
Dash Board Report Card
Fiscal Year 2020-21 as of December 31, 2020
Diversification by Maturity
Diversification by Investment
CITY OF EASTVALE
Dash Board Report Card
Fiscal Year 2020-21 as of December 31, 2020
CAMP Pool
20%
Local Agency
Investment Fund*
6%
U.S. Treasury Bond /
Note
19%
Supra-National
Agency Bond / Note
2%
Municipal Bond /
Note
3%
Federal Agency Collaterized
Mortgage
3%
Asset-Back Security
/ Collateralized
3%
Certificate of
Deposit
6%
Federal Agency Bond
/ Note
25%
Corporate Note
13%
0%
5%
10%
15%
20%
25%
30%
0 - 0.25 0.25 - 0.50 0.50 - 1 1 - 2 2 - 3 3 - 4 4 - 5 +5 +% of PortfolioMaturity in Years
Schedule of Investments - December 31, 2020
Money Market Accounts 3,207,149$
Pooled Investment Accounts 13,693,520$
PFM Managed Investments 37,408,638$
Checking Account 20,505,865$
Grand Total Cash - December 31, 2020 74,815,173$
Breakdown of Total Cash at December 31, 2020
Restricted Funds (Non-Discretionary Per Law)29,838,796$
Committed (Per Formal Action of City Council)10,500,000
Designated/ Assigned (Per City's Intent):-
Fire Operations/ Improvements
(Per FY 20-21 Budget)9,576,930
General Fund Emergency Contingency:
To meet City's cash obligations
for the next six months
General Fund Adopted Budget
Expenditures-FY 2020-21
(Per Fund Balance Reserve Policy)11,840,728
Total Designated/ Assigned 21,417,658
Unassigned 13,058,719
Grand Total Cash - December 31, 2020 74,815,173
CITY OF EASTVALE
Cash Breakdown per Fund Balance Reserve Policy
Fiscal Year 2020-21 as of December 31, 2020
Yield at Cost - December 31, 2020 1.238%
Annual Investment Income Budget 756,379$
Investment Income Received YTD:
Money Market (CBB)2,516$
Money Market (PFM)15
LAIF 19,123
CAMP Pool 12,092
Certificate of Deposits -
U.S. Treasury Bond/ Note 128,103
Federal Agency Bond/ Note 77,388
Asset-Backed Security/ Collateralized 84,180
Corporate Note 73,685
Supra-National Agency Bond/Note 18,764
Realized Gain/ (Loss)160,523
Total Investment Income Received-YTD 12/31/2020 573,873
Less Investment Fees Paid:
Trust Fees-U.S. Bank (2,590)
Mgmt Fee-PFM (17,433)
Total Investment Fees Paid-YTD 12/31/2020 (20,023)
Net Investment Income Received-YTD 12/31/2020 553,851$
Over/(Under) Annual Budget (202,529)$
% of Annual Budget 73.224%
Net Yield Annualized at Cost - December 31, 2020 1.090%
CITY OF EASTVALE
Investment Income
Fiscal Year 2020-21 as of December 31, 2020