Loading...
12. JUNE 30, 2022 Introduction Month Ending Ending Book Value Interest Realized Gain/(Loss) Yeild at Cost July 31, 2021 $ 101,225,837 31,327$ $ 840 0.781% August 31, 2021 $ 104,175,256 82,937$ $ 22,140 0.655% September 30, 2021 $ 106,587,623 38,052$ $ 22,376 0.629% October 31, 2021 $ 107,164,395 40,440$ $ 1,220 0.611% November 30, 2021 $ 112,132,172 57,396$ $ 35,708 0.575% December 31, 2021 $ 116,355,758 58,476$ $ 44,609 0.542% January 31, 2022 $ 120,564,268 47,036$ $ (14,587)0.518% February 28, 2022 $ 126,190,574 48,744$ $ 18,495 0.496% March 31, 2022 $ 128,945,337 40,531$ $ 2,088 0.506% April 30, 2022 $ 128,533,660 43,611$ $ (1,239)0.642% May 31, 2022 $ 131,179,470 82,495$ $ (983)0.642% June 30, 2022 $ 138,570,047 99,770$ $ (7,937)0.966% CITY OF EASTVALE Treasurer's Report Fiscal Year 2021-22 as of June 30, 2022 In accordance with the City Investment Policy,a quarterly investment report shall be filed with the City Council which provides a clear picture of the status of the current investments.The report for the month ending June 30,2022 has been prepared by City Staff.We hereby certify that this report accurately reflects all pooled investments and is in compliance with the City’s Investment Policy.Combined with anticipated revenues,the portfolio contains sufficient investment liquidity to meet budgeted expenditures for the next six months. 12 MONTH BALANCES eastvaleca.gov Schedule of Investments Par Value Book Value Price @ Cost (Fair Value) Market Value Yield Money Market Accounts: Citizens Business Bank - Money Market 3,007,179$ 3,007,179$ 3,007,179$ 0.100% First American Govt Oblig Fund CI Y 209,067 209,067 209,067 1.000% Total Money Market 3,216,245$ 3,216,245$ 3,216,245$ 0.159% Sweep Accounts: Citizens Business Bank - General Sweep 17,061,380$ 17,061,380$ 17,061,380$ 0.100% Total Sweep Accounts 17,061,380$ 17,061,380$ 17,061,380$ 0.100% Pooled Investment Accounts: CAMP Pool 55,474,271$ 55,474,271$ 55,474,271$ 1.140% Local Agency Investment Fund*12,345,887 12,345,887 12,207,040 0.290% Total Pooled Investment 67,820,158$ 67,820,158$ 67,681,310$ 0.985% PFM Managed Investment Portfolio: U.S. Treasury Bond / Note 17,832,000$ 17,565,573$ 16,773,006$ 1.480% Supra-National Agency Bond / Note 845,000 844,408 803,769 0.460% Municipal Bond / Note 1,570,000 1,572,895 1,493,708 1.120% Federal Agency Commecial 303,095 305,927 302,032 2.050% Asset-Back Security / Collateralized 817,102 817,015 790,139 0.770% Certificate of Deposit 1,495,000 1,495,000 1,482,838 1.440% Federal Agency Bond / Note 9,695,000 9,692,716 9,203,318 0.960% Corporate Note 6,019,000 6,051,015 5,819,594 2.030% Total PFM Managed Investments 38,576,197$ 38,344,551$ 36,668,404$ 1.386% 126,673,980$ 126,442,334$ 124,627,340$ 0.966% Checking Account: Citizens Business Bank - General Account 12,127,013$ 12,127,013$ 12,127,013$ 0.000% Citizens Business Bank - HdL Holding 700$ 700$ 700$ 0.000% Total Inactive Deposits 12,127,713$ 12,127,713$ 12,127,713$ 0.000% 12,127,713$ 12,127,713$ 12,127,713$ 138,801,693$ 138,570,047$ 136,755,053$ *yield as of the prior quarter end CITY OF EASTVALE Treasurer's Report Fiscal Year 2021-22 as of June 30, 2022 ACTIVE DEPOSITS TOTAL INACTIVE DEPOSITS TOTAL INACTIVE DEPOSITS ACTIVE DEPOSITS Institution GRAND TOTAL CASH 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. eastvaleca.gov Dash Board Report Card I. PORTFOLIO DIVERSIFICATION Money Market 2.58%Sweep 13.69%LAIF 9.79%CAMP Pool 44.51%Certificates of Deposit 1.19%U.S. Treasury Bond/ Note 13.46%Supra-National Agency Bond/Note 0.64%Municipal Bond / Note 1.20%Federal Agency Collaterized Mortgage 0.24%Asset-Backed Security/ Collateralized 0.63%Federal Agency Bond/ Note 7.38%Corporate Note 4.67%100.00% Less Than 90 Days 71.14%90 days to Six Months (26 Weeks)0.43%Six Months to One Year (52 Weeks)1.81%One to Two Years (104 Weeks)6.85%Two to Three Years (156 Weeks)7.59%Three to Four Years (208 Weeks)10.82%Four to Five Years 1.35%Five Years +0.00%100.00% II. PORTFOLIO PERFORMANCE MEASURES Yield at Cost - June 30, 2022 0.966% Annual Investment Income Budget 799,390$ A Investment Income Received-YTD 06/30/2022 802,466 B Less Investment Fees (39,727) C Net Investment Income Received-YTD 06/30/2022 762,739$ B+C Over/(Under) Annual Budget (36,651)$ C-B % of Annual Budget 95.415% Net Yield Annualized at Cost - June 30, 2022 0.853% CITY OF EASTVALE Treasurer's Report Fiscal Year 2021-22 as of June 30, 2022 DIVERSIFICATION BY INSTRUMENT DIVERSIFICATION BY MATURITY Prepared by the Finance Department in accordance with the adopted Investment Policy eastvaleca.gov Dash Board Report Card Diversification by Maturity Diversification by Investment CITY OF EASTVALE Treasurer's Report Fiscal Year 2021-22 as of June 30, 2022 CAMP Pool 53.2% Local Agency Investment Fund 11.7% U.S. Treasury Bond / Note 16.1% Supra-National Agency Bond / Note 0.8% Municipal Bond / Note 1.4% Federal Agency Commecial 0.3% Asset-Back Security / Collateralized 0.8% Certificate of Deposit 1.4% Federal Agency Bond / Note 8.8%Corporate Note 5.6% 0% 10% 20% 30% 40% 50% 60% 70% 80% 0 - 0.25 0.25 - 0.50 0.50 - 1 1 - 2 2 - 3 3 - 4 4 - 5 >5% of PortfolioMaturity in Years Prepared by the Finance Department in accordance with the adopted Investment Policy eastvaleca.gov Dash Board Report Card CITY OF EASTVALE Treasurer's Report Fiscal Year 2021-22 as of June 30, 2022 Year Over Year Interest Income - 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 1,800,000 2017-18 2018-19 2019-20 2020-21 2021-22 YTDInterest Income ReceivedFiscal Year Prepared by the Finance Department in accordance with the adopted Investment Policy eastvaleca.gov Cash Breakdown per Fund Balance Reserve Policy Schedule of Investments - June 30, 2022 Money Market Accounts 3,216,245$ Sweep Accounts 17,061,380 Pooled Investment Accounts 67,820,158 PFM Managed Investments 38,344,551 Checking Account 12,127,713 Grand Total Cash - June 30, 2022 138,570,047$ Breakdown of Total Cash at June 30, 2022 Restricted Funds (Non-Discretionary Per Law)37,172,895$ Committed (Per Formal Action of City Council)73,455,029 Designated/ Assigned (Per City's Intent): Fire Operations (Per FY 21-22 Budget)5,169,363$ General Fund Emergency Contingency: To meet City's cash obligations for the next six months General Fund Adopted Budget Expenditures - FY 2021-22 (Per Fund Balance Reserve Policy)17,926,307 Total Designated/ Assigned 23,095,670 Unassigned 4,846,453 Grand Total Cash - June 30, 2022 138,570,047$ Fiscal Year 2021-22 as of June 30, 2022 Treasurer's Report CITY OF EASTVALE Prepared by the Finance Department in accordance with the adopted Investment Policy eastvaleca.gov Investment Income Detail Yield at Cost - June 30, 2022 0.966% Annual Investment Income Budget A 799,390$ Investment Income Received YTD: Money Market (CBB)3,006$ Sweep (CBB)37,507 Money Market (PFM)19 LAIF 9,316 CAMP Pool 104,500 Certificate of Deposits 18,634 Municipal Bond/Note 15,923 U.S. Treasury Bond/ Note 162,974 Federal Agency Bond/ Note 148,163 Federal Agency Commercial Mortgage Backed Security 14,531 Asset-Backed Security 32,653 Corporate Note 130,398 Supra-National Agency Bond/Note 2,113 Realized Gain/ (Loss)122,730 Total Investment Income Received-YTD 06/30/2022 B 802,466 Less Investment Fees Paid: Trust Fees-U.S. Bank (3,978) Mgmt Fee-PFM (35,749) Total Investment Fees Paid-YTD 06/30/2022 C (39,727) Net Investment Income Received-YTD 06/30/2022 B+C 762,739$ Investment Income Over/(Under) Annual Budget C-B (36,651)$ % of Annual Budget 95.415% Net Yield Annualized at Cost - June 30, 2022 0.853% Fiscal Year 2021-22 as of June 30, 2022 Treasurer's Report CITY OF EASTVALE Prepared by the Finance Department in accordance with the adopted Investment Policy eastvaleca.gov