HomeMy WebLinkAbout0002_4_Investment Report - Exhibit C 10-16
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: November 15, 2016
Subject: Investment Report for October 2016
Recommendation
Receive and file the Investment Report for October 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 October 2016
BANK DEPOSITS OUTSTANDING BOOK
CASH ACCOUNTS BALANCE IN TRANSIT CHECKS BALANCE
Bank Accounts:
General Checking Account 1,399,875$ 224,389$ (512,644)$ 1,111,620$
Cash On Hand:
Cashier Drawers #1 & #2 - - - 300
City of Lake Elsinore Petty Cash Fund - - - 1,000
Total Cash Accounts 1,399,875 224,389 (512,644) 1,112,920
INVESTMENTS
City Investments:
City Local Agency Investment Fund 14,619,815 - 14,619,815
City Local Agency Investment Fund for the PFA 330,938 - - 330,938
City CAMP Investments:
CAMP Pool Account 23,619 - - 23,619
U.S. Treasury Bond / Note 9,721,279 - - 9,721,279
Municipal Bond / Note 290,464 - - 290,464
Federal Agency Collateralized Mortgage Obligation 530,253 - - 530,253
Federal Agency Bond / Note 8,891,300 - - 8,891,300
Corporate Note 6,410,361 - - 6,410,361
Certificate of Deposit 4,075,000 - - 4,075,000
Housing CAMP Investments:
Housing CAMP Pool Account 4,347 - - 4,347
Housing U.S. Treasury Bond / Notes 1,849,878 - - 1,849,878
Housing Municipal Bond / Notes 30,084 - - 30,084
Housing Federal Agency Collateralized Mortgage 95,951 - - 95,951
Housing Federal Agency Bond / Notes 1,380,969 - - 1,380,969
Housing Corporate Notes 1,318,456 - - 1,318,456
Housing Certificate of Deposit 400,000 - - 400,000
Successor Investments:
Successor Local Agency Investment Fund 3,996,855 - - 3,996,855
Successor CAMP Investments:
Successor CAMP Pool Account 9,943 - - 9,943
Successor U.S. Treasury Bond / Notes 1,756,243 - - 1,756,243
Successor Municipal Bond / notes 30,084 - - 30,084
Successor Federal Agency Collaterized Mortgage 95,951 - - 95,951
Successor Federal Agency Bond / Notes 1,868,556 - - 1,868,556
Successor Corporate Notes 1,120,612 - - 1,120,612
Successor Certificate of Deposit 400,000 - - 400,000
Sub-total Investments 59,250,957 - - 59,250,957
Market Value Adjustment:
Unrealized Gain/ (Loss) at 06-30-16 City 441,611 - - 441,611
Unrealized Gain/ (Loss) at 06-30-16 SARDA 70,791 - - 70,791
Total Unrealized Gain/ (Loss) at 06-30-16 per GASB 31 512,402 - - 512,402
Total Investments 59,763,360 - - 59,763,360
Total Pooled Cash and Investments 61,163,235$ 224,389$ (512,644)$ 60,876,280$
TOTAL POOLED CASH AND INVESTMENTS 60,876,280$
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 November 8, 2016
Director of Administrative Services Date
C I T Y O F L A K E E L S I N O R E
INVESTMENT REPORT OF POOLED CASH AND INVESTMENTS
AS OF OCTOBER 31, 2016
FUND NO FUND NAME AMOUNT
100 General Fund 11,201,706$
101 Supplemental Law Enforcement Fund 54,324
104 Traffic Offender Fund 8,592
106 Affordable Housing In Lieu Fund 2,861,014
107 Developer Agreement Revenue 1,134,962
110 State Gas Tax Fund 1,303,277
111 TUMF C.I.P. Fund 2,706
112 Measure A Fund 1,268,826
114 SB1186 CASP Education Program Fund 6,145
115 Traffic Safety Fund 92,380
116 City Hall-Public Works DIF Fund 1,235,679
117 Community Center DIF Fund 542,698
118 Lake Side Facility DIF Fund 669,586
119 Animal Shelter DIF Fund 29,790
121 T.R.I.P.-2014A 128
135 Lighting & Landscape Maintenance Fund - Dist. No. 1 425,888
140 Geothermal Fund 20,032
155 CSA152 -- N.P.D.E.S.67,622
160 PEG Grant Fund 23,737
205 Traffic Impact Fee Fund 3,781,495
211 Storm Drain C.I.P. Fund 2,401,258
221 Quimby Park C.I.P. Fund 14,827
231 Library C.I.P. Fund 1,710,155
232 City Fire Protection Fund 62,135
254 AD 89-1 Railroad Canyon Rd. Improvement Fund 126,253
268 CFD 2006-2 Viscaya Improvement 221
300 Insurance Service 270,071
320 Facilities Service 554,559
331 CFD 2006-1CC Summerly Improvement Area CC 5,293
332 CFD 2006-1 Improvement Area B, Summerly 7,745
333 CFD 2015-3 Terracina 22,170
334 CFD 2015-5 Trieste - Far West Industries 21,701
336 CFD 2006-1FF Summerly Improvement Area FF 35,006
345 CFD 2003-2S Improvement Area D, Canyon Hills 7,926
346 CFD 2014-1 Southshore Debt Service Fund 63,494
347 CFD 2006-1 Improvement Area A, Summerly 12,901
350 CFD 98-1 Summerhill Debt Service Fund 33,105
352 AD 86-1 Debt Service Fund 659,115
354 CFD 90-2 Successor RDA Debt Service Fund 253,354
357 CFD 2003-2 Canyon Hills Debt Service Fund 45,465
366 CFD 2005-6 City Center Townhomes Debt Service Fund 34,628
368 CFD 2006-2 Viscaya Debt Service Fund 61,554
369 CFD 2004-3 Area 1 Rosetta Canyon Debt Service Fund 38,622
C I T Y O F L A K E E L S I N O R E
POOLED CASH AND INVESTMENTS BY FUND
AS OF OCTOBER 31, 2016
FUND NO FUND NAME AMOUNT
C I T Y O F L A K E E L S I N O R E
POOLED CASH AND INVESTMENTS BY FUND
AS OF OCTOBER 31, 2016
371 CFD 2005-1 Serenity Debt Service Fund 20,502
372 CFD 2005-2 Alberhill Ranch Debt Service Fund 15,359
374 CFD 2005-4 Lakeview Villas Debt Service Fund 45,136
375 CFD 2006-4 Tract No. 30698 & 32129 Debt Service Fund 16,145
376 CFD 2006-3 La Strada Debt Service Fund 20,348
377 CFD 2006-6 Tessara Debt Service Fund 9,361
378 CFD 2006-8 Tract No. 31957 Debt Service Fund 46,282
384 CFD 2003-2 Area B Canyon Hills Debt Service Fund 44,573
385 CFD 2004-3 Area 2 Rosetta Canyon Debt Service Fund 45,731
386 CFD 2007-4 Mekenna Debt Service Fund 8,612
387 CFD 2007-5 Red Kite Debt Service Fund 63,841
388 CFD 2007-6 Holiday Inn Debt Service Fund 3,764
389 CFD 88-3 (2008A) West Lake Elsinore Debt Service Fund 28,326
390 CFD 2003-2 Area C Canyon Hills Debt Service Fund 33,285
392 CFD 95-1 City Center Debt Service Fund 21,489
393 AD 93-1 Debt Service Fund 26,448
394 CFD 2005-5 (2012A) Wasson Canyon Debt Service Fund 25,819
500 Capital Improvement Plan 2,453,415
520 Successor Agency RDA Area II 1,885,710
530 Successor Agency RDA Area III 1,031,351
540 Successor Area RDA Diamond Stadium 2,844,928
604 Endowment Trust Fund 31,388
605 Public Improvement Trust Fund 866,721
606 Mobile Source Air Polution Reduction Fund 238,500
608 Trust Deposit & Pre Paid Expense Fund 5,830,993
617 Successor Agency Housing Fund 12,160,767
620 Cost Recovery System Fund 1,144,671
631 Lake Destratification Equipment Replacement Fund 219,844
655 CFD 2015-1s Law, Fire, Paramedic Services 17,340
723 LEPFA 2008 Series A 2
734 LEPFA 2013 Series C 409,888
736 LEPFA 2013 Series A 20
780 LEPFA General 93,578
Total Pooled Cash & Investments 60,876,280$
Yield Purchase Date Maturity Rate
0.654%Daily 24-Hour
Agency Beginning Balance Net Increase/(Decrease)Ending Balance
City 14,595,162$ 24,653$ 14,619,815$
City for the PFA 330,436$ 502$ 330,938$
Successor Agency 3,990,790$ 6,065$ 3,996,855$
Total Investments Held with
Local Agency Investment Fund:18,916,387$ 31,220$ 18,947,607$
Note:
Per California State Treasurer, LAIF Statute 16429.1: Separate accounts for each governmental unit
shall be maintained.
LAIF accounts are subject to a $65 million cap per agency.
C I T Y O F L A K E E L S I N O R E
LOCAL AGENCY INVESTMENT FUND
TRANSACTION SUMMARY
FOR THE MONTH ENDING OCTOBER 31, 2016