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Home My WebLink About0001_3_B - Investment Report July 2016CITY of, LAKE I*aa"'hLSMOR—E % DREAM EXTREME - REPORT TO SUCCESSOR AGENCY BOARD OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE To: Honorable Agency Chairman and Members of the Successor Agency From: Grant Yates, Executive Director Prepared by: Nancy Lassey, Finance Administrator Approved by: Jason Simpson, Assistant Executive Director Date: August 23, 2016 Subject: Investment Report for July 2016 Recommendation Receive and file the investment Report for July 2016. Background and _Discussion The Investment Report is a listing of all funds invested for the City of Lake Elsinore and includes funds held for the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore as of the date shown on the report. Fiscal Impact No fiscal impact. Exhibits A: Investment Report for July 2016 CITY OF LAKE ELSINORE INVESTMENT REPORT OF POOLED CASH AND INVESTMENTS AS OF JULY 31, 2016 BANK DEPOSITS OUTSTANDING BOOK CASH ACCOUNTS BALANCE IN TRANSIT CHECKS BALANCE Bank Accounts: General Checking Account $ 5,006,200 $ 421,155 $ (471,019) $ 4,956,335 Cash On Hand: Cashier Drawers #1 & #2 - 300 City of Lake Elsinore Petty Cash Fund - - 1,000 Total Cash Accounts 5,006,200 421,155 (471,019) 4,957,635 INVESTMENTS City Investments: City Local Agency Investment Fund 16,595,162 16,595,162 City Local Agency Investment Fund for the PFA 330,436 330,436 City CAMP Investments: CAMP Pool Account 7,450 7,450 U.S. Treasury Bond / Note 12,021,536 12,021,536 Municipal Bond ! Note 290,464 290,464 Federal Agency Collateralized Mortgage Obligation 530,253 530,253 Federal Agency Bond 1 Note 5,198,845 5,198,845 Corporate Note 7,094,776 7,094,776 Certificate of Deposit 4,650,000 4,650,000 Housing CAMP Investments: Housing CAMP Pool Account 9,896 9,896 Housing U.S. Treasury Bond / Notes 2,221,260 2,221,260 Housing Municipal Bond / Notes 30,084 30,084 Housing Federal Agency Collateralized Mortgage 95,951 95,951 Housing Federal Agency Bond 1 Notes 978,700 978,700 Housing Corporate Notes 1,318,456 1,318,456 Housing Certificate of Deposit 400,000 400,000 Successor Investments: Successor Local Agency Investment Fund 3,990,790 3,990,790 Successor CAMP Investments: Successor CAMP Pool Account 8,186 8,186 Successor U.S. Treasury Bond / Notes 2,440,489 2,440,489 Successor Municipal Bond ! notes 30,084 30,084 Successor Federal Agency Callaterized Mortgage 95,951 95,951 Successor Federal Agency Bond 1 Notes 1,153,741 1,153,741 Successor Corporate Notes 1,120,612 1,120,612 Successor Certificate of Deposit 400,000 - 400,000 Sub -total Investments 61,013,121 61,013,121 Market Value Adjustment: Unrealized Gain/ (Loss) at 06-30-15 City 4,631 4,631 Unrealized Gain! (Loss) at 06-30-15 SARDA 13,632 - - 13,632 i otal Unrealized Gain/ (Loss) at 06-30-15 per GASB 31 18,263 18,263 Total Investments 61,031,384 - 61,031,384 Total Pooled Cash and Investments $ 66,037,583 $ 421,155 $ (471,019) $ 65,989,019 TOTAL POOLED CASH AND INVESTMENTS $ 65.989,019 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 16, 2016. 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 August 10, 2016 _ Director of Administrative Services Date CITY OF LAKE ELSINORE POOLED CASH AND INVESTMENTS BY FUND AS OF JULY 31, 2016 FUND NO FUND NAME 100 General Fund 101 Supplemental Law Enforcement Fund 104 Traffic Offender Fund 106 Affordable Housing In Lieu Fund 107 Developer Agreement Revenue 110 State Gas Tax Fund 112 Measure A Fund 114 SB1186 CASP Education Program Fund 115 Traffic Safety Fund 116 City Hall -Public Works DIF Fund 117 Community Center DIF Fund 118 Lake Side Facility DIF Fund 119 Animal Shelter DIF Fund 120 Camino Del Norte DIF 121 T.R.I.P.-2014A 135 Lighting & Landscape Maintenance Fund Dist. No. 1 140 Geothermal Fund 155 CSA152 -- N.P.D.E.S. 160 PEG Grant Fund 205 Traffic Impact Fee Fund 211 Storm Drain C.I,P. Fund 221 Quimby Park C.I.P. Fund 231 Library C.I.P. Fund 232 City Fire Protection Fund 254 AD 89-1 Railroad Canyon Rd. Improvement Fund 268 CFD 2006-2 Viscaya Improvement 269 CFD 2004-3 IA -1 Improvement 285 CFD 2004-3 IA -2 Improvement 310 Support Service 320 Facilities Service 331 CFD 2006-1 CC Summerly Improvement Area CC 332 CFD 2006-1 Improvement Area B, Summerly 333 CFD 2015-3 Terracina 334 CFD 2015-5 Trieste - Far West Industries 342 CFD 2007-5 Red Kite Service Fund 345 CFD 2003-2S Improvement Area D, Canyon Hills 346 CFD 2014-1 Southshore Debt Service Fund 347 CFD 2006-1 Improvement Area A, Summerly 350 CFD 98-1 Summerhill Debt Service Fund 352 AD 86-1 Debt Service Fund 354 CFD 90-2 Successor RDA Debt Service Fund 356 AD 90-1A Debt Service Fund 357 CFD 2003-2 Canyon Hills Debt Service Fund AMOUNT 11, 832,640 33,333 17,980 2,760,390 1,538,966 1,854,500 998,268 5,643 220,205 1,190,139 517,297 649,563 18,249 110 6,265 447,080 19,718 98,497 12,396 3,729,855 3,399,212 17,494 1,712,271 243,114 126,253 217 250,682 4,318,062 266,151 90,954 38,165 13,078 23,444 44,531 1,319 19,631 62,500 19,670 35,457 659,115 36,356 3 47,123 CITY OF LAKE ELSINORE POOLED CASH AND INVESTMENTS BY FUND AS OF JULY 31, 2016 FUND NO FUND NAME AMOUNT 366 CFD 2005-6 City Center Townhomes Debt Service Fund 38,097 368 CFD 2006-2 Viscaya Debt Service Fund 61,744 369 CFD 2004-3 Area 1 Rosetta Canyon Debt Service Fund 39,647 371 CFD 2005-1 Serenity Debt Service Fund 24,235 372 CFD 2005-2 Alberhill Ranch Debt Service Fund 25,200 374 CFD 2005-4 Lakeview Villas Debt Service Fund 45,479 375 CFD 2006-4 Tract No. 30698 & 32129 Debt Service Fund 16,910 376 CFD 2006-3 La Strada Debt Service Fund 21,638 377 CFD 2006-6 Tessara Debt Service Fund 10,372 378 CFD 2006-8 Tract No. 31957 Debt Service Fund 41,512 384 CFD 2003-2 Area B Canyon Hills Debt Service Fund 57,837 385 CFD 2004-3 Area 2 Rosetta Canyon Debt Service Fund 41,501 386 CFD 2007-4 Mekenna Debt Service Fund 9,661 387 CFD 2007-5 Red Kite Debt Service Fund 64,992 388 CFD 2007-6 Holiday Inn Debt Service Fund 3,703 389 CFD 88-3 (2008A) West Lake Elsinore Debt Service Fund 36,199 390 CFD 2003-2 Area C Canyon Hills Debt Service Fund 45,873 392 CFD 95-1 City Center Debt Service Fund 22,115 393 AD 93-1 Debt Service Fund 38,910 394 CFD 2005-5 (2012A) Wasson Canyon Debt Service Fund 27,917 510 Successor Agency RDA Area 1 526,965 520 Successor Agency RDA Area 11 2,641,626 530 Successor Agency RDA Area III 1,189,674 540 Successor Area RDA Diamond Stadium 3,132,861 604 Endowment Trust Fund 31,101 605 Public Improvement Trust Fund 838,639 606 Mobile Source Air Polution Reduction Fund 221,330 608 Trust Deposit & Pre Paid Expense Fund 5,360,555 617 Successor Agency Housing Fund 12,096,165 620 Cost Recovery System Fund 1,166,054 631 Lake Destratification Equipment Replacement Fund 229,360 731 LEPFA 2011 Series B 2,711 734 LEPFA 2013 Series C 409,115 736 LEPFA 2013 Series A 20 780 LEPFA General 93,402 Total Pooled Cash & Investments $ 65,989,019