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HomeMy WebLinkAboutCC AG PKT 2009-05-11 #DCITY OF SEAL BEACH ADMINISTRATIVE SERVICES DEPARTMENT MONTI-ILY INVESTMENT REPORT March-09 D to m a w m 3 Prior Month Cash and Investments: Cash and Investments: Vehicle Replacement Fund RDA Low/Mod Housing Funds RDA Riverfront Fund RDA Tax Increment Fund Trust and Agency Funds, Component Unit Assessment Districts Capital Projects Water Enterprise Fund Sewer Enterprise Fund Special Revenue Funds General Fund Total Cash and Investments General Fund Balance Reserved for Fiscal Policies Designated for City Clerk Designated for Traffic Impact Designated for College Park East Designated for Swimming Pool Designated for Change in Economic Conditions Designated for Street Improvement Designated for Stonn Drain Designated for Buildings Reserved for Compensated Absences Encumbrances Restricted Deposit Accounts Total Designated and Restricted Available General Fund Balance $55,233,653.57 2,000,000.00 1,438,076.59 2,902,783.20 1,033,803.79 299,828.12 216,349.79 105,837.07 9,505,437.93 3,163,501.49 2,743,756.17 30,302,265.84 $53,711,639.99 (6,244,000.00) (79,160.21) (3,172,981.86) (477,000.00) (5,000,000.00) (1,750,000.00) (5,000,000.00) (5,000,000.00) (2,000,000.00) (637,500.00) (182,500.00) 445,614.73 (29,097,527.34) 1,204,738.50 March-09 MONTHLY INVESTMENT REPORT of Yield Earnings Earnings Interest Purchase Current Market Source of Type of Investment Institution Investment Term: Portfolio Allowance Accrual Received Price Value Current Value Checking Bank of America open 1.49% N/A N/A $542,727.28 $800,514.99 Balance is per bank statement. Account is reconciled to the General Ledger within two months of month end. Checking Bank of America open 0.05% N/A N/A $24,935.26 ~ $24,935.26 Section 125 Balance is per bank statement. Account is reconciled to the General Ledger within two months of month end. State Pool Local Agency open 72.28% 1.822% $176,845.13 $825,256.39 $38,824,396.90 $38,824,396.90 Investment Fund State Pool Local Agency-RDA open 24.55% 1.822% $60,059.66 $207,471.24 $13,185,435.84 $13,185,435.84 Investment Fund Certificate of Dep. Broadway Federal Bank 1/7/2004 822/2010 0.15% 3.350% $224.33 $80,357.00 $80,357.00 Sutton Bank Liquidate without early withdraw) penalty 7/5/2005 Cert.Of Dep. Safekeeper Certificate of Dep. Georgia Trust Bank 8/!0/2006 8/10/2009 0.19% 3.900% $325.00 $0.00 $100,000.00 $100,000.00 One Bank & Trust Cert.Of Dep. Safekeeper Certificate of Dep. EI Paso FCU 8/16/2006 8/16/2009 0.18% 3.900% $321.75 $0.00 $99,000.00 $99,000.00 One Bank & Trust Cert.Of Dep. Safekeeper Certificate of Dep. Tuscaloosa VA FCU 8/21/2006 8/21/2009 0.18% 3.700% $305.25 $0.00 $99,000.00 _ $99,000.00 One Bank & Trust Cert.Of Dep. Safekeeper Certificate of Dep. Pacific Trust Bank 4/14/2005 4/14/2010 0.19% 4.050% $337.50 $0.00 $100,000.00 $100,000.00 One Bank & Trust Liquidate without early withdraw) penalty 4/14/2006 Cert.Of Dep. Safekeeper ~'• Certificate of Dep. Professional Bank 4/19/2005 10/18/2010 O.18% 3.700% $305.25 $0.00 $99,000.00 $99,000.00 One Bank & Trust Certificate of Dep. Benchmark Bank 3/4/2009 625/2010 0.19% 2.000% $166.67 $0.00 $100,000.00 $100,000.00 One Bank & Trust Liquidate without early withdraw) penalty 6252010 Cert.Of Dep. Safekeeper Certificate of Dep. Telesis Community, CA 7/122005 7/122010 0.18% 4.000% $330.00 $0.00 $99,000.00 $99,000.00 One Bank & Trust Liquidate without early withdraw) penalty 7/122006 Cert.Of Dep. Safekeeper Certificate of Dep. State Bank of India 8232005 823/2010 0.19% 4.400% $366.67 $0.00 $100,000.00 $100,000.00 One Bank & Trust Liquidate without early withdraw) penalty 8232006 Cert.Of Dep. Safekeeper Subtotal CasJ1 and Investments oval/ab/e for designated reserves and budgeted expenditeres: $53,453,852.28 $53, 711,639.99 Prior month subtotal Cash and Investments available for deli ated reserves and bud eted ex enditures: $55,233,653.57 Y:\Investments\FY 2008-09 Investment ReportsUnvestment Report -March 20095/420095:07 PM Page 1 i March-09 MONTIiLY INVESTMENT REPORT Type of Investment Institution of Investment Term: Portfolio Yield Earnings Earnings Interest Allowance Accrual Received Purchase Current Market Price Value Source of Current Value Held by Trustee for 2000 Sewer COP's: BNY Western Trust Company 328118 Project Account 3/1/2009 3/31/2009 0.00% $101,605.24 Fiscal Agent Statement 328117 Reserve Account 3/1/2009 3/31/2009 0.00% $294,401.26 Fiscal Agent Statement Held by Trustee for 2000A jor RDA BNY Western Trust Company 329288 Reserve Account 3/1/2009 3/31/2009 0.00% $676,582.50 Fiscal Agent Statement Held by Trustee jor 2000E for RDA BNY Western Trust Company 329280 Reserve Account 3/1/2009 3/31/2009 0.00% $65,912.65 Fiscal Agent Statement Held by Trustee jor Countywide 96 Batds BNY Western Trust Company Reserve Account 3/1/2009 3/31/2009 •"°=`"~~~•~ ~-°'°'"•" """""' ' .....•„~t;,:.,;$33',500.`OU ; Fiscal Agent Statement Held by Trustee for Countywide 96 Bonds BNY Wes[em Trust Company 802955 Project Account 3/1/2009 3/31/2009 0.00% $50,974.25 Fiscal Agent Statement Held by Trustee jur Pension Obligation Bonds Wells Fargo Bank., N.A. 22965800 Asset Account 3/1/2009 3/31/2009 0.01% $479,756.03 Fiscal Agent Statement Held by Trustee jor Fire Station Bonds _ Wells Fargo Bank., N.A. 23331206 Project Account 3/1/2009 3/31/2009 0.05% $5,576,736.47 Fiscal Agent Statement Held by Trustee for Fire Station Bonds ~. Wells Fargo Bank., N.A. 23331203 Reserve Account 3/1/2009 3/31/2009 0.05% $630,535.53 Fiscal Agent Statement Earnings Rates and Totallnvestment Portfolio Value 1.85% 0.00% $61,621,643.92 In compliance with the California Government Code Section 53646 and Resolution Number 4552; the Treasurer of the City of Seal Beach hereby certifies that sufficient investment liquidity and anticipated revenue are available to meet the City's budgeted expenditure requirements for the next six months. Investments in this report meet the requirements of the City of Seal Beach's adopted investment policy. Respectfully submitted, NOTED AND APPROVED: Robbeyn S. d David N. Carmany Director of Administrative Services/Treasurer Cily Manager Y:\Investments\FY 2008-09 Investment Reports\Investment Report -March 20095/4/20095:07 PM Page 2