HomeMy WebLinkAbout0002_5_Investment Report - Exhibit D 11-16
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: Andrew Zavala, Accountant I
Approved by: Jason Simpson, Assistant Executive Director
Date: December 13, 2016
Subject: Investment Report for November 2016
Recommendation
Receive and file the Investment Report for November 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 November 2016
BANK DEPOSITS OUTSTANDING BOOK
CASH ACCOUNTS BALANCE IN TRANSIT CHECKS BALANCE
Bank Accounts:
General Checking Account 1,074,747$ 12,847$ (342,082)$ 745,511$
Cash On Hand:
Cashier Drawers #1 & #2 - - - 300
City of Lake Elsinore Petty Cash Fund - - - 1,000
Total Cash Accounts 1,074,747 12,847 (342,082) 746,811
INVESTMENTS
City Investments:
City Local Agency Investment Fund 13,619,815 - 13,619,815
City Local Agency Investment Fund for the PFA 330,938 - - 330,938
City CAMP Investments:
CAMP Pool Account 78,734 - - 78,734
U.S. Treasury Bond / Note 9,754,773 - - 9,754,773
Municipal Bond / Note 290,464 - - 290,464
Federal Agency Collateralized Mortgage Obligation 530,253 - - 530,253
Federal Agency Bond / Note 8,874,612 - - 8,874,612
Corporate Note 6,410,361 - - 6,410,361
Certificate of Deposit 4,075,000 - - 4,075,000
Housing CAMP Investments:
Housing CAMP Pool Account 13,649 - - 13,649
Housing U.S. Treasury Bond / Notes 1,746,904 - - 1,746,904
Housing Municipal Bond / Notes 30,084 - - 30,084
Housing Federal Agency Collateralized Mortgage 95,951 - - 95,951
Housing Federal Agency Bond / Notes 1,485,945 - - 1,485,945
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 22,926 - - 22,926
Successor U.S. Treasury Bond / Notes 1,846,611 - - 1,846,611
Successor Municipal Bond / notes 30,084 - - 30,084
Successor Federal Agency Collaterized Mortgage 95,951 - - 95,951
Successor Federal Agency Bond / Notes 1,781,369 - - 1,781,369
Successor Corporate Notes 1,120,612 - - 1,120,612
Successor Certificate of Deposit 400,000 - - 400,000
Sub-total Investments 58,350,346 - - 58,350,346
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 58,862,748 - - 58,862,748
Total Pooled Cash and Investments 59,937,495$ 12,847$ (342,082)$ 59,609,559$
TOTAL POOLED CASH AND INVESTMENTS 59,609,559$
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 December 5, 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 NOVEMBER 30, 2016
FUND NO FUND NAME AMOUNT
100 General Fund 10,197,452$
101 Supplemental Law Enforcement Fund 62,657
104 Traffic Offender Fund 11,842
106 Affordable Housing In Lieu Fund 2,897,639
107 Developer Agreement Revenue 1,196,962
110 State Gas Tax Fund 1,478,678
111 TUMF C.I.P. Fund 2,706
112 Measure A Fund 1,226,130
114 SB1186 CASP Education Program Fund 6,334
115 Traffic Safety Fund 92,380
116 City Hall-Public Works DIF Fund 1,236,488
117 Community Center DIF Fund 543,243
118 Lake Side Facility DIF Fund 670,365
119 Animal Shelter DIF Fund 29,790
121 T.R.I.P.-2014A 128
135 Lighting & Landscape Maintenance Fund - Dist. No. 1 416,429
140 Geothermal Fund 20,032
150 C.D.B.G. Fund 6,435
155 CSA152 -- N.P.D.E.S.63,459
160 PEG Grant Fund 23,737
205 Traffic Impact Fee Fund 3,797,923
211 Storm Drain C.I.P. Fund 2,402,252
221 Quimby Park C.I.P. Fund 16,427
231 Library C.I.P. Fund 1,721,255
232 City Fire Protection Fund 62,886
254 AD 89-1 Railroad Canyon Rd. Improvement Fund 126,253
268 CFD 2006-2 Viscaya Improvement 221
300 Insurance Service 269,855
320 Facilities Service 470,381
331 CFD 2006-1CC Summerly Improvement Area CC 4,754
332 CFD 2006-1 Improvement Area B, Summerly 7,207
333 CFD 2015-3 Terracina 4,839
334 CFD 2015-5 Trieste - Far West Industries 21,701
336 CFD 2006-1FF Summerly Improvement Area FF 17,006
345 CFD 2003-2S Improvement Area D, Canyon Hills 7,388
346 CFD 2014-1 Southshore Debt Service Fund 63,494
347 CFD 2006-1 Improvement Area A, Summerly 11,978
350 CFD 98-1 Summerhill Debt Service Fund 32,517
352 AD 86-1 Debt Service Fund 659,115
354 CFD 90-2 Successor RDA Debt Service Fund 251,893
357 CFD 2003-2 Canyon Hills Debt Service Fund 44,772
366 CFD 2005-6 City Center Townhomes Debt Service Fund 33,567
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 NOVEMBER 30, 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 NOVEMBER 30, 2016
368 CFD 2006-2 Viscaya Debt Service Fund 61,775
369 CFD 2004-3 Area 1 Rosetta Canyon Debt Service Fund 214,400
371 CFD 2005-1 Serenity Debt Service Fund 19,963
372 CFD 2005-2 Alberhill Ranch Debt Service Fund 14,821
374 CFD 2005-4 Lakeview Villas Debt Service Fund 44,944
375 CFD 2006-4 Tract No. 30698 & 32129 Debt Service Fund 15,952
376 CFD 2006-3 La Strada Debt Service Fund 19,964
377 CFD 2006-6 Tessara Debt Service Fund 9,130
378 CFD 2006-8 Tract No. 31957 Debt Service Fund 46,051
384 CFD 2003-2 Area B Canyon Hills Debt Service Fund 30,227
385 CFD 2004-3 Area 2 Rosetta Canyon Debt Service Fund 45,893
386 CFD 2007-4 Mekenna Debt Service Fund 13,382
387 CFD 2007-5 Red Kite Debt Service Fund 63,456
388 CFD 2007-6 Holiday Inn Debt Service Fund 3,764
389 CFD 88-3 (2008A) West Lake Elsinore Debt Service Fund 26,864
390 CFD 2003-2 Area C Canyon Hills Debt Service Fund 31,901
392 CFD 95-1 City Center Debt Service Fund 20,950
393 AD 93-1 Debt Service Fund 24,986
394 CFD 2005-5 (2012A) Wasson Canyon Debt Service Fund 25,434
500 Capital Improvement Plan 1,257,039
520 Successor Agency RDA Area II 2,011,817
530 Successor Agency RDA Area III 1,031,351
540 Successor Area RDA Diamond Stadium 2,707,884
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 5,833,122
617 Successor Agency Housing Fund 12,144,468
620 Cost Recovery System Fund 1,825,286
631 Lake Destratification Equipment Replacement Fund 214,069
731 LEPFA 2011 Series B 2
734 LEPFA 2013 Series C 409,888
736 LEPFA 2013 Series A 20
780 LEPFA General 93,578
Total Pooled Cash & Investments 59,609,559$
Yield Purchase Date Maturity Rate
0.676%Daily 24-Hour
Agency Beginning Balance Net Increase/(Decrease)Ending Balance
City 14,619,815$ (1,000,000)$ 13,619,815$
City for the PFA 330,938$ -$ 330,938$
Successor Agency 3,996,855$ -$ 3,996,855$
Total Investments Held with
Local Agency Investment Fund:18,947,607$ (1,000,000)$ 17,947,607$
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 NOVEMBER 30, 2016