01. JULY 31, 2023Introduction
Month Ending
Active Deposits
Ending Book
Value
Inactive
Deposits
Ending Book
Value Interest
Realized
Gain/(Loss)
Yield at
Cost
August 31, 2022 $ 135,248,581 $ 12,479,375 187,432$ $ 5,779 1.820%
September 30, 2022 136,134,070 12,000,898 196,390 (11,985)2.013%
October 31, 2022 137,816,990 12,000,700 281,011 (3,647)2.326%
November 30, 2022 142,166,822 12,327,800 304,147 2,765 2.690%
December 31, 2022 148,512,941 12,000,700 308,283 (8,044)2.833%
January 31, 2023 154,418,779 12,000,700 390,849 (26,577)3.303%
February 28, 2023 162,629,841 12,016,072 407,911 (116)3.274%
March 31, 2023 162,694,333 12,001,949 408,993 (14,774)3.304%
April 30, 2023 167,020,458 12,034,275 425,285 (14,092)3.366%
May 31, 2023 172,587,028 12,052,233 495,818 (6,939)3.410%
June 30, 2023 177,726,380 12,006,037 456,894 (15,281)3.337%
July 31, 2023 176,282,165 12,355,943 389,597 (116,443)3.513%
CITY OF EASTVALE
Treasurer's Report
Fiscal Year 2022-23 as of July 31, 2023
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 July 31,2023 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 3,010,443$ 3,010,443$ 3,010,443$ 0.100%
First American Govt Oblig Fund CI Y 130,252 130,252 130,252 4.920%
Total Money Market 3,140,695$ 3,140,695$ 3,140,695$ 0.300%
Sweep Accounts:
Citizens Business Bank - General Sweep 33,429,920$ 33,429,920$ 33,429,920$ 0.100%
Total Sweep Accounts 33,429,920$ 33,429,920$ 33,429,920$ 0.100%
Pooled Investment Accounts:
CAMP Pool 99,423,442$ 99,423,442$ 99,423,442$ 5.310%
Local Agency Investment Fund*1,416,717 1,416,717 1,395,224 3.150%
Total Pooled Investment 100,840,159$ 100,840,159$ 100,818,665$ 5.280%
PFM Managed Investment Portfolio:
U.S. Treasury Bond / Note 22,140,000$ 21,525,996$ 20,379,145$ 2.280%
Supra-National Agency Bond / Note 565,000 564,840 534,523 0.520%
Municipal Bond / Note 1,570,000 1,570,688 1,496,131 1.120%
Federal Agency Commercial 1,371,053 1,361,033 1,345,500 4.450%
Asset-Back Security / Collateralized 483,186 483,142 465,641 0.530%
Certificate of Deposit 720,000 720,000 711,859 5.260%
Federal Agency Bond / Note 5,960,000 5,955,838 5,478,360 0.570%
Corporate Note 6,709,000 6,689,853 6,426,991 2.680%
Total PFM Managed Investments 39,518,239$ 38,871,390$ 36,838,150$ 2.124%
176,929,014$ 176,282,165$ 174,227,431$ 3.513%
Checking Account:
Citizens Business Bank - General Account 12,355,243$ 12,355,243$ 12,355,243$ 0.000%
Citizens Business Bank - HdL Holding 700$ 700$ 700$ 0.000%
Total Inactive Deposits 12,355,943$ 12,355,943$ 12,355,943$ 0.000%
12,355,943$ 12,355,943$ 12,355,943$
189,284,957$ 188,638,108$ 186,583,375$
*yield as of the prior quarter end
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.
CITY OF EASTVALE
Treasurer's Report
Fiscal Year 2022-23 as of July 31, 2023
ACTIVE DEPOSITS TOTAL
INACTIVE DEPOSITS TOTAL
INACTIVE DEPOSITS
ACTIVE DEPOSITS
Institution
eastvaleca.gov
Dash Board Report Card
I. PORTFOLIO DIVERSIFICATION
Money Market 1.80%Sweep 19.19%LAIF 0.80%CAMP Pool 57.07%Certificates of Deposit 0.41%U.S. Treasury Bond/ Note 11.70%Supra-National Agency Bond/Note 0.31%Municipal Bond / Note 0.86%Federal Agency Collaterized Mortgage 0.77%Asset-Backed Security/ Collateralized 0.27%Federal Agency Bond/ Note 3.14%Corporate Note 3.69%100.00%
Less Than 90 Days 69.48%90 days to Six Months (26 Weeks)0.00%Six Months to One Year (52 Weeks)0.90%One to Two Years (104 Weeks)5.32%Two to Three Years (156 Weeks)7.65%Three to Four Years (208 Weeks)1.96%Four to Five Years 5.04%Five Years +0.00%90.36%
II. PORTFOLIO PERFORMANCE MEASURES
Yield at Cost - July 31, 2023 3.513%
Annual Investment Income Budget 2,539,578$ A
Investment Income Received-YTD 07/31/2023 389,597 B
Less Investment Fees (3,362) C
Net Investment Income Received-YTD 07/31/2023 386,235$ B+C
Over/(Under) Annual Budget (2,153,343)$ C-B
% of Annual Budget 15.209%
Net Yield Annualized at Cost - July 31, 2023 3.531%
CITY OF EASTVALE
Treasurer's Report
Fiscal Year 2022-23 as of July 31, 2023
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 2022-23 as of July 31, 2023
CAMP Pool
72.2%
Local Agency Investment
Fund
1.0%
U.S. Treasury
Bond / Note
14.8%
Supra-National Agency
Bond / Note0.4%
Municipal Bond / Note
1.1%
Federal Agency
Commercial
1.0%
Asset-Back Security /
Collateralized
0.3%
Certificate of Deposit
0.5%
Federal Agency Bond / Note4.0%Corporate Note4.7%
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 2022-23 as of July 31, 2023
Year Over Year Interest Income
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
4,500,000
2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 YTDNet Interest 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 - July 31, 2023
Money Market Accounts 3,140,695$
Sweep Accounts 33,429,920
Pooled Investment Accounts 100,840,159
PFM Managed Investments 38,871,390
Checking Account 12,355,943
Grand Total Cash - July 31, 2023 188,638,108$
Breakdown of Total Cash at July 31, 2023
Non-Spendable & Restricted Funds (Non-Discretionary Per Law):45,559,636$
per 06/30/2022 audited financials
Committed (Formal Action of City Council):101,915,029
per fiscal year 2023-24 budget
Assigned (City's Intent):
per fiscal year 2023-24 budget
Fire Operations
per fiscal year 2023-24 budget 5,915,138
General Fund Emergency Contingency:
per fund balance reserve policy +16,727,608
All Funds Adopted Budget
Revenues 108,054,398 Expenditures 107,946,849
All Funds Net Revenue -107,549
Total Designated/ Assigned 22,535,197
Unassigned*18,628,247
Grand Total Cash - July 31, 2023 188,638,108$
Fiscal Year 2022-23 as of July 31, 2023
Treasurer's Report
CITY OF EASTVALE
*Restricted,committed,and assigned figures based on estimated fund balances at the end of the fiscal
year,06/30/2024.However cash estimates in this report are based on the current month.As a result,it is
typical that a variance exists between projected unassigned cash balance and current unassigned cash
balances.The variance will not be resolved until the end of the fiscal year.A negative unassigned cash
balance in the current period does not indicate a cash flow issue for the city.As an example,the General
and Fire Funds are projected to end the fiscal year with a combined unassigned cash balance of
$29,923,103.
Prepared by the Finance Department in accordance with the adopted Investment Policy eastvaleca.gov
Investment Income Detail
Yield at Cost - July 31, 2023 3.513%
Annual Investment Income Budget A 2,539,578$
Investment Income Received YTD:
Money Market (CBB)256$
Sweep (CBB)2,825
Money Market (PFM)630
LAIF 11,037
CAMP Pool 446,736
Certificate of Deposits -
Municipal Bond/Note 1,793
U.S. Treasury Bond/ Note 16,243
Federal Agency Bond/ Note 656
Federal Agency Commercial Mortgage Backed Security 174
Asset-Backed Security 295
Corporate Note 25,395
Supra-National Agency Bond/Note -
Realized Gain/ (Loss)(116,443)
Total Investment Income Received-YTD 07/31/2023 B 389,597
Less Investment Fees Paid:
Trust Fees-U.S. Bank (318)
Management Fee-PFM (3,044)
Total Investment Fees Paid-YTD 07/31/2023 C (3,362)
Net Investment Income Received-YTD 07/31/2023 B+C 386,235$
Investment Income Over/(Under) Annual Budget C-B (2,153,343)$
% of Annual Budget 15.209%
Net Yield Annualized at Cost - July 31, 2023 3.531%
Fiscal Year 2022-23 as of July 31, 2023
Treasurer's Report
CITY OF EASTVALE
Prepared by the Finance Department in accordance with the adopted Investment Policy eastvaleca.gov