03. SEPTEMBER 30, 2018Book Value (Fair Value)
Par Price @ Market
Institution Value Cost Value Yield
ACTIVE DEPOSITS
Money Market Accounts:
Citizens Business Bank - Money Market 1,184,858.53$ 1,184,858.53$ 1,184,858.53$ 0.350%
First American Govt Oblig Fund CI Y 308,551.25 308,551.25 308,551.25 1.730%
Total Money Market 1,493,409.78$ 1,493,409.78$ 1,493,409.78$ 0.635%
Pooled Investment Accounts:
Local Agency Investment Fund 13,119,840.69$ 13,119,840.69$ 13,095,265.51$ 2.063%
Total Pooled Investment 13,119,840.69$ 13,119,840.69$ 13,095,265.51$ 2.063%
PFM Managed Investment Portfolio:
U.S. Treasury Bond/ Note 11,565,000.00$ 11,485,653.31$ 11,197,932.44$ 2.070%
Supra-National Agency Bond/Note 3,110,000.00$ 3,111,357.69$ 3,064,324.37$ 2.250%
Federal Agency Collaterized Mortgage 397,143.26$ 402,995.26$ 398,596.11$ 2.420%
Asset-Back Security/ Collateralized 2,356,980.20$ 2,356,775.05$ 2,337,110.73$ 2.460%
Certificate of Deposit 6,035,000.00$ 6,034,500.90$ 6,003,556.34$ 2.440%
Federal Agency Bond/ Note 3,505,000.00$ 3,497,527.00$ 3,390,358.99$ 1.910%
Corporate Note 8,245,000.00$ 8,305,134.80$ 8,104,341.57$ 2.260%
Total PFM Managed Investments 35,214,123.46$ 35,193,944.01$ 34,496,220.55$ 2.208%
ACTIVE DEPOSITS TOTAL 49,827,373.93$ 49,807,194.48$ 49,084,895.84$ 2.123%
INACTIVE DEPOSITS
Checking Account:
Citizens Business Bank - Checking 13,679,173.31$ 13,679,173.31$ 13,679,173.31$ 0.000%
Total 13,679,173.31$ 13,679,173.31$ 0.000%
INACTIVE DEPOSITS TOTAL 13,679,173.31$ 13,679,173.31$
GRAND TOTAL CASH 63,486,367.79$ 62,764,069.15$
Ernie Reyna
Finance Director
9/30/2018
City of Eastvale
Schedule of Investments
As of September 30, 2018
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.
I. PORTFOLIO DIVERSIFICATION
DIVERSIFICATION BY INSTRUMENT
Money Market 3.00%
LAIF 26.34%
Certificates of Deposit 12.12%
U.S. Treasury Bond/ Note 23.06%
Supra-National Agency Bond/Note 6.25%
Federal Agency Collaterized Mortgage 0.81%
Asset-Backed Security/ Collateralized 4.73%
Federal Agency Bond/ Note 7.02%
Corporate Note 16.67%
100.00%
DIVERSIFICATION BY MATURITY
Less Than 90 Days 29.34%
Six Months (26 Weeks)0.50%
One Year (52 Weeks)6.35%
Two Years (104 Weeks)17.19%
Three Years (156 Weeks)20.75%
Four Years (208 Weeks)19.99%
Five Years +5.88%
100.00%
II. PORTFOLIO PERFORMANCE MEASURES
Yield at Cost -September 30, 2018 2.123%
Annual Investment Income Budget 211,000$
Investment Income Received:
Money Market 454.46$
LAIF 71,284.75
Certificate of Deposits 11,863.29
U.S. Treasury Bond/ Note (8,145.49)
Federal Agency Bond/ Note 1,138.31
Asset-Backed Security/ Collateralized 4,749.09
Corporate Note 20,826.00
Supra-National Agency Bond/Note -
Realized Gain/ (Loss)(5,086.66)
Total Investment Income Received-YTD 9/30/2018 97,083.75
Less Investment Fees Paid:
Trust Fees-U.S. Bank (2,013.97)
Mgmt Fee-PFM (2,759.70)
Total Investment Fees Paid-YTD 9/30/2018 (4,773.67)
Net Investment Income Received-YTD 9/30/2018 92,310.08$
Over/(Under) Annual Budget (118,689.92)$
% of Annual Budget 43.749%
Net Yield Annualized at Cost - September 30, 2018 2.085%
City of Eastvale
Dash Board Report Card
As of September 30, 2018
City of Eastvale
Cash Breakdown per Fund Balance Reserve Policy
September 30, 2018
Schedule of Investments - September 30, 2018
Money Market Accounts 1,493,409.78$
Pooled Investment Accounts 13,119,840.69
PFM Managed Investments 35,193,944.01
Checking Account 13,679,173.31
Grand Total Cash - September 30, 2018 63,486,367.79$
Breakdown of Total Cash at September 30, 2018
Restricted Funds (Non-Discretionary Per Law)30,531,621.79$
Committed (Per Formal Action of City Council)9,300,000.00
Designated/ Assigned (Per City's Intent):
Fire Operations/ Improvements
(Per FY 18-19 Adopted Budget)6,915,221.00
General Fund Emergency Contingency:
To meet City's cash obligations
for the next six months
General Fund Adopted Budget
Expenditures-FY 2018-19
(Per Fund Balance Reserve Policy)9,766,182.00
Total Designated/ Assigned 16,681,403.00
Unassigned 6,973,343.00
Grand Total Cash - September 30, 2018 63,486,367.79
Yield at Cost -September 30, 2018 2.123%
Annual Investment Income Budget 211,000$
Investment Income Received:
Money Market 454.46$
LAIF 71,284.75
Certificate of Deposits 11,863.29
U.S. Treasury Bond/ Note (8,145.49)
Federal Agency Bond/ Note 1,138.31
Asset-Backed Security/ Collateralized 4,749.09
Corporate Note 20,826.00
Supra-National Agency Bond/Note -
Realized Gain/ (Loss)(5,086.66)
Total Investment Income Received-YTD 9/30/2018 97,083.75
Less Investment Fees Paid:
Trust Fees-U.S. Bank (2,013.97)
Mgmt Fee-PFM (2,759.70)
Total Investment Fees Paid-YTD 9/30/2018 (4,773.67)
Net Investment Income Received-YTD 9/30/2018 92,310.08$
Over/(Under) Annual Budget (118,689.92)$
% of Annual Budget 43.749%
Net Yield Annualized at Cost - September 30, 2018 2.085%
City of Eastvale
Investment Income
As of September 30, 2018