HomeMy WebLinkAboutID# 15-863 Investment Report - June 2015OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY OF THE REDEVELOPMENT
AGENCY OF THE CITY OF LAKE ELSINORE
TO: VICE CHAIR KELLEY AND
MEMBERS OF THE OVERSIGHT BOARD
FROM: BARBARA LEIBOLD, SUCCESSOR AGENCY COUNSEL
DATE: DECEMBER 15, 2015
SUBJECT: Investment Report - June 2015
Recommendation:
That the Oversight Board receive and file the attached June 2015 Successor Agency
Investment Report Summary.
Discussion:
Attached is the Investment Report Summary of Pooled Cash and Investments of the
Successor Agency for June 2015.
Prepared by: Barbara Leibold, Successor Agency Counsel
Attachment:
Investment Report Summaries — June 2015
CITY OF
LAKE
LSINOIZE
DREAM EXTRLMEN
REPORT TO SUCCESSOR AGENCY OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE
TO: HONORABLE AGENCY CHAIRMAN
AND MEMBERS OF THE SUCCESSOR AGENCY
FROM: GRANT M. YATES
EXECUTIVE DIRECTOR
DATE: DECEMBER 8, 2015
SUBJECT: SUCCESSOR INVESTMENT REPORT —JUNE 2015
Recommendation
Staff recommends that the Members of the Successor Agency of the Redevelopment
Agency of the City of Lake Elsinore receive and file the Investment Report for June 2015.
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 Administrator
Approved By: Jason P. Simpson
Director of Administrative Services
Approved By: Grant M. Yates
Executive Director
Attachments: Investment Report for June 2015
SUCCESSOR AGENCY OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE
INVESTMENT REPORT OF POOLED CASH AND INVESTMENTS
AS OF JUNE 30, 2015
I certify that this report accurately reflects all pooled investments and it is in conformity with the investment policy as approved
by the Members of Successor Agency of the Redevelopment Agency on June 91 2015. 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.
Jason P. Simpson November 17, 2015
Director of Administrative Services Date
BANK DEPOSITS OUTSTANG.
BOOK
ACTIVE ACCOUNTS
BALANCE IN TRANSIT CHECKS
BALANCE
Bank of America - Successor Agency General $
6,838,596 $ - $ -
$
6,838,596
Total Active Accounts
6,838,596 - -
6,838,596
INVESTMENTS
Successor:
Successor Local Agency Investment Fund
89,788 - -
89,788
Successor CAMP Pool Account
60,201 - -
60,201
Successor U.S. Treasury Bond / Notes
2,283,119 - -
2,283,119
Successor Municipal Bond / Notes
30,084 - -
30,084
Successor Federal Agency Collateralized Mortgage
25,250 - -
25,250
Successor Federal Agency Bond / Notes
1,163,811 - -
1,163,811
Successor Corporate Notes
11418,196 - -
1,418,196
Successor Certificate of Deposit
200,000 - -
200,000
Sub -total Investments
5,270,448 - -
5,270,448
Unrealized Gain/ (Loss) at 6 -30 -15 (LAIF SUC)
34 - -
34
Unrealized Gain/ (Loss) at 6 -30 -15 (CAMP SUC)
13,598 - -
13,598
Total Unrealized Gain/ (Loss) at 6 -30 -15 per GASB 31
13,632
13,632
Total Investments
5,284,080 - -
51284,080
$
12,122675 $ $
$
12,122,675
Cashier Drawers #1 & #2
0.00
City of Lake Elsinore Petty Cash Fund
0.00
TOTAL POOLED CASH AND INVESTMENTS
$
12,122P675
I certify that this report accurately reflects all pooled investments and it is in conformity with the investment policy as approved
by the Members of Successor Agency of the Redevelopment Agency on June 91 2015. 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.
Jason P. Simpson November 17, 2015
Director of Administrative Services Date
SUCCESSOR AGENCY OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE
LOCAL AGENCY INVESTMENT FUND
TRANSACTION SUMMARY
FOR THE MONTH ENDING JUNE 30, 2015
Interest Rate Purchase Date Maturity Rate
0299% Daily 24 -Hour
Beginning Balance Net Increase /Decrease Ending Balance
$ 89,788 $ $ 89,788
SUCCESSOR AGENCY OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE
POOLED CASH AND INVESTMENTS BY FUND
AS OF JUNE 30, 2015
FUND NAME
Area I
Area II
Area III
Stadium Trust Fund
Total Pooled Cash & Investments
dil• ►1
3,035,102
5,293,157
1, 750,137
2,044,280
$ 12,122,675