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HomeMy WebLinkAbout2009-04-28 RDA Item No. 4 CIT OF • LAKE LSINORE DREAM EXTREME. REPORT TO THE REDEVELOPMENT AGENCY TO: HONORABLE CHAIRMAN AND MEMBERS OF THE REDEVELOPMENT AGENCY FROM: ROBERT A. BRADY EXECUTIVE DIRECTOR DATE: APRIL 28, 2009 SUBJECT: INVESTMENT REPORT — MARCH 2009 Discussion The Investment Report is a listing of all funds invested for the Redevelopment Agency as of the date shown on the report. Recommendation Receive and file. Prepared By: Nancy L. Lasseyf Accountant Reviewed By: James R. Riley �/ Acting Director of ministrative Services Approved By: Robert A. Brady 1 , ,P Executive Director Agenda Item No. 4 Page 1 of 4 REDEVELOPMENT AGENCY FOR THE CITY OF LAKE ELSINORE MONTHLY REPORT OF INVESTMENTS MARCH 2009 INTEREST DATE MATURITY RATE PURCHASED RATE AMOUNT Local Agency Investment Fund 1.91% Daily 24 -Hour $ 31,973,236.47 INVESTMENT TOTAL $ 31,973,236.47 I certify that this report accurately reflects all pooled investments and it is in conformity with the investment policy as approved by the City Council on June 24, 2008. A copy of this policy is available in the office of the City Clerk. The pooled investments shown above provide sufficient cash flow liquidity to meet the next six months estimated expenditures. James R. Riley Investment Officer April 23, 2009 Date Agenda Item No. 4 Page 2 of 4 Bill Lockyer, State Treasurer Inside the State Treasurer's office Local Agency Investment Fund (LAIF) SAVE THE DATE: LAIF ANNUAL CONFERENCE, OCTOBER 21 -22, 2009 PMIA Performance Report LAIF Performance Report Quarter ending 3/31/2009 .: Apportionment Rate: 1.91% 4/2/2009 1.65 1.76 189 Earnings Ratio: .00005227211614311 4/3/2009 1.65 1.72 190 Fair Value Factor: 1.001829532 4/4/2009 1.65 1.70 190 4/5/2009 1.65 1.69 190 4/6/2009 1.65 1.69 187 4/7/2009 1.65 1.68 186 PMIA Average Monthly Effective Yields 4/8/2009 1.65 1.68 187 4/9/2009 1.65 1.67 189 Mar 2009 1.822% 4/10/2009 1.65 1.67 187 Feb 2009 1.869% 4/11/2009 1.65 1.67 187 Jan 2009 2.046% 4/12/2009 1.65 1.67 187 4/13/2009 1.65 1.67 185 4/14/2009 1.65 1.67 185 4/15/2009 1.62 1.66 183 Pooled Money Investment Account Portfolio Composition $58.7 Billion 03/31/09 Treasuries 19.86% Loans 40.84% �_ Mortgages 1.78% Agencies 21.07% Corporate Bonds 0.47% Commercial Paper Time Deposits CDs /BNs 0.51% 11.89% 3.58% Agenda Item No. 4 Page 3 of 4 L.A.I.F. Account Reconciliation at March 31, 2009 Finance Index File #208 -03 RDA LAIF Account 65 -33 -008 Statement Ending Balance: 31,973,236.47 Transaction in transit: 0.00 Adjusted Account Balance : 31,973,236.47 General Ledger Balance at: March 31, 2009 31,973,236.47 Adjusted G.L. Balance: 31 973 236.47 Cash over / (short) 0.00 Balanced by: ' / �- 9 Reviewed by: Agenda Item No. 4 Page 4 of 4