HomeMy WebLinkAboutItem #2aOVERSIGHT BOARD OF THE
SUCCESSOR AGENCY OF THE REDEVELOPMENT
AGENCY OF THE CITY OF LAKE ELSINORE
TO: CHAIRMAN WILLIAMS AND
MEMBERS OF THE OVERSIGHT BOARD
FROM: BARBARA LEIBOLD, SUCCESSOR AGENCY COUNSEL
DATE: OCTOBER 22, 2013
SUBJECT: INVESTMENT REPORT AS OF AUGUST 2013
Recommendation:
That the Oversight Board receive and file the attached Investment Report Summaries.
Discussion:
Attached is the Investment Report Summary of Pooled Cash and Investments of the
Successor Agency as of August 31, 2013. Note that though such accounts include
housing funds, only unencumbered housing funds are held by the Successor Agency.
Prepared and
approved by: Barbara Leibold,
City Attorney /Successor Agency Counsel
Attachment:
Investment Report Summary — August 2013
•_.-
DREAM EXTREME"
REPORT r; - AGENCY
e` VI 41 • ..f"
. A
FROM.
EXECUTIVE DIRECTOR
l �
SUBJECT: INVESTMENT REPORT — AUGUST 2013
Recommendation
Receive and file.
Discussion
The Investment Report is a listing of all funds Invested for the Successor Agency of the
Redevelopment Agency of the City of Lake Elsinore as of the date shown on the report.
Prepared By: Nancy L. Lassey�
Finance Administ or
Reviewed By: James R. Riley
Director of Admi trative Services
Approved By: Grant M. Yates
Executive Director
Attachments: Investment Report for August 2013
SUCCESSOR AGENCY OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE
INVESTMENT REPORT OF POOLED CASH AND INVESTMENTS
AS OF AUGUST 31, 2013
ACTIVE ACCOUNTS
Bank of America - Successor Agency General
Bank of Amedoa - Housing Fund
Total Active Accounts
INVESTMENTS
Successor.
Successor Local Agency Investment Fund
Successor CAMP Pool Account
Successor U.S. Treasury Bond / Notes
Successor Federal Agency Bond I Notes
Succo sor Corporate Notes
Housing:
Housing CAMP Pool Account
Housing U.S. Treasury Bond / Notes
Housing Federal Agency Bond / Notes
Housing Corporate Notes
Sub -total Investments
BANK
DEPOSITS
OUTSTANG.
BOOK
BALANCE
IN TRANSIT
CHECKS
BALANCE
$158,318.47
0.00
(68,180.00)
100,138.47
250,486.76
0.00
0.00
250,486.76
408,805.23
0.00j68.180.00,
350625,23
7,919,601.08 -
28,846.69
21012,238.39 -
1,515,154.05 -
1,567,322.75
31,146.49
11326,300.86 -
2,0761816.90
1,490,485.45
17,9671883.58
Unrealized Ga(N (Loss) at 630.12 per GASB 31 (LAIF SUC) 5,813.05
Unrealized Gain/ ( Loss) at 6-30.12 per GASS 31 (CAMP SUC) 197,885.57
Unrealized GeIM (LOSS) at 630 -12 per GASS 31 (CAMP HSNG) 56,395.57 -
UnesailzedGaiN (LOSS)at 830 -12 par GASS 31 (Total) 179,674.19
Total Investments 18,1474767.77
18,666,673.00
TOTAL POOLED CASH AND INVESTMENTS
7,91B,8Dt.08
28,848.59
• 21D72,238.39
1,515,154.05
1,567,322.75
31,146.49
1,328,300.68
21076,816.90
149046545
.
17
6,613,05
117,805.57
56,395.51
178 874,19
18,147,787.77
58180.000 18,498,$83.00
18,488,393 00
I cer0fy that this report accurately reflects all pooled investments and It Is In conformity with the Investment policy as
approved by the Members of the Redevelopment Agency on December 11, 2012, A copy of this policy IS available in the office of the Clty Clerk.
The pooled Investments shown above provide sufficient cash flow liquidity to meet the next six months estimated! expenditures.
James R. RiLey Septemher 12 2673
Director of Administrative Servcouv Date
Prepared by N. Lassey, Finance Administ ator
SUCCESSOR AGENCY OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE
LOCAL AGENCY INVESTMENT FUND
TRANSACTION SUMMARY
FOR THE MONTH ENDING AUGUST 31, 2013
Interest Rate Purchase Date Maturity Rate
0.271% Daily 24 -Hour
8aginn(pg Balance Net Increase/Decrease Eqdin Balance
$ 12,019,601.08 $ (4,100,000.00) $ 719191601.08
SUCCESSOR AGENCY OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE
POOLED CASH AND INVESTMENTS BY FUND
AS OF AUGUST 31, 2013
FUND NAME
Area I
Area II
Area III
Housing
Stadium Lease Trust Fund
llllrlffi..
AMOUNT
$4,755,371.97
5,4$9,207.55
2,411,110.15
5,871,481.89
171,221.44