HomeMy WebLinkAboutE-03 Treasurers Report 12-2015CONSENT ITEM
E-3
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: ART VASQUEZ, CITY TREASURER
DATE: FEBRUARY 1, 2016
SUBJECT: CITY TREASURER’S STATEMENT OF CASH AND INVESTMENT
BALANCES FOR THE MONTH OF DECEMBER 2015
SUMMARY:
Transmitted herewith is the City Treasurer’s Statement of Cash Balances for the City of Azusa
for the month of December 2015. City investments are made in accordance with the City’s
Investment Policy adopted and approved with Resolution No. 05-C16 dated, February 22, 2005,
and Government Code Section 53600 et seq.
RECOMMENDATION:
Staff recommends that the City Council take the following action:
1) Receive, review, and file the City Treasurer’s Report for the month of December 2015.
DISCUSSION:
The balances of cash, investments, and projected revenues for the next six months are expected
to be sufficient to meet cash disbursement requirements of the City for at least the next six
months.
The change in total cash in bank and investments (at cost) from November 30, 2015 to December
31, 2015 is a net increase of $2,030,515.11.
The change in total cash in bank and investments (at market) from November 30, 2015 to
December 31, 2015 is a net increase of $41,916,491.08.
Prepared by:
Art Vasquez, City Treasurer
APPROVED
COUNCIL MEETING
02/01/2016
CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez, Treasurer
Treasury Checking Accounts and Certificates of Deposit December 31, 2015
Held in Wells Fargo Bank
Face
Amount
Maturity
Date
Interest or
Coupon
Rate
Description Account Number
or CUSIP
Balance
or
Market Value
Checking Accounts
General Checking Account XXX-XXX1244 117,467.00
Stagecoach Sweep Account DDA XXX-XXX1244 5,005,109.03
Worker's Compensation Checking (ZBA account)XXXX-XX3279 0.00
Payroll Checking (ZBA account)XXXX-XX1393 0.00
Police Detective Petty Cash Fund XXX-XXX2231 3,109.06
Section 108
0.020% Choice IV-Public Fund Account XXX-XXX2239 30,380.16
Covington Endowment
WFB Advantage Heritage Money Market Fund (rated AAAm/Aaa)WFB XXXX7554 200.02
100,000 05/30/17 1.100%Certificate of Deposit Goldman Sachs Bank Matures 5/30/17 CUSIP 38147JC75 99,892.70
Sewer Bond Fund
WFB Advantage Heritage Money Market Fund (rated AAAm/Aaa)WFB XXXX1829 271,615.34
250,000 03/28/17 0.750%Certificate of Deposit Georgia B&T Matures 3/28/17 CUSIP 373128EC7 0.00
Philleo TR FBO Azusa
WFB Money Market Fund WFB XXXX8700 2,908.69
Investments In Fixed Income. Equities, Real Asset Funds & Other 145,179.25
TOTALS WELLS FARGO BANK ACCOUNTS 5,675,861.25
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ATTACHMENT 1
CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez, Treasurer December 31, 2015
Broker Face Amount Description Coupon
Rate
Maturity
Date Acct/Cusip No.Settlement
Date Principal**
Market Price
(Changes
Monthly)
Market
Value***
Interest Received Fiscal
Year to Date*
City of Azusa Investments - Certificates of Deposit - FDIC Insured
CERTIFICATES OF DEPOSIT SOLD OR MATURED DURING FISCAL YEAR 6,246.85
245,000.00 American Express Bank, FSB 2.050%07/31/19 02587CAM2 07/31/14 245,000.00 99.745 244,375.25 2,490.61
Multi Bank Securities 245,000.00 American Expr Centurion 2.300%09/23/20 02587DB64 09/23/15 245,000.00 99.617 244,061.65
Multi Bank Securities 205,000.00 BMW Bank 2.150%12/10/19 05580AAZ7 12/10/14 205,000.00 100.101 205,207.05 2,209.79
Higgins/RBC 245,000.00 Bank Baroda New York 1.100%12/27/16 06062ACV9 12/26/13 245,000.00 100.264 245,646.80 1,351.19
Multi Bank Securities 245,000.00 Barclays Bank of Delaware 2.200%09/16/20 06740KJK4 09/16/15 245,000.00 99.590 243,995.50
Multi Bank Securities 245,000.00 Capital One Bank 2.000%11/05/19 140420QN3 11/05/14 245,000.00 99.765 244,424.25 2,470.14
Multi Bank Securities 247,000.00 Capital One NA 2.300%07/07/15 14042E4P2 07/15/15 247,000.00 99.540 245,863.80
Multi Bank Securities 245,000.00 CIT Bank SLC 2.150%11/19/19 17284C3Q5 11/19/14 245,000.00 99.758 244,407.10 2,655.40
Multi Bank Securities 245,000.00 Comenity Cap Bank 1.850%10/09/18 20033AHA7 10/16/14 244,265.00 99.333 243,365.85 2,272.44
Multi Bank Securities 245,000.00 Everbank 2.050%08/28/20 29976DA59 08/28/15 245,000.00 99.858 244,652.10
Multi Bank Securities 245,000.00 First Bank of Highland Park 2.000%11/05/19 319141CY1 11/050/14 245,000.00 99.416 243,569.20 2,470.14
Multi Bank Securities 247,000.00 Goldman Sachs Group, Inc.2.100%01/21/15 38148JHQ7 01/21/20 247,000.00 99.571 245,940.37 2,572.18
Multi Bank Securities 245,000.00 Investors Savings Bank 2.000%08/25/20 46176PEJ0 08/28/15 245,000.00 99.866 244,671.70 (40.27)
Multi Bank Securities 247,000.00 Medallion Bank 2.250%07/27/20 58403BY67 07/27/15 247,000.00 99.551 245,890.97
Wachovia Sec 200,000.00 Merrick Bank South Jordan UT 0.900%01/25/16 59012YU96 07/25/12 200,000.00 100.020 200,040.00 902.49
Multi Bank Securities 245,000.00 Sallie Mae Bank 2.200%11/04/20 795450WV3 10/30/15 245,000.00 99.458 243,672.10
Multi Bank Securities 245,000.00 State Bank of India 1.700%05/28/19 856283YJ9 05/28/15 245,000.00 98.756 241,952.20 2,099.62
Multi Bank Securities 245,000.00 Synchrony Bank 1.900%04/24/15 87165FGF5 04/24/20 245,000.00 98.926 242,368.70 2,333.88
Gillford/Stern Agee 248,000.00 Third Federal Sav&Loan 2.000%11/25/19 88413QAW8 11/24/14 248,000.00 99.701 247,258.48 2,500.38
Wachovia Sec 245,000.00 Webster Bank NA 1.000%12/12/17 94768NJD7 12/12/12 245,000.00 100.345 245,845.25 1,228.36
Wachovia Sec 245,000.00 Wells Fargo Bank WFCO 0.950%02/28/18 94986TMB0 02/27/13 245,000.00 100.008 245,019.60 1,173.32
Multi Bank Securities 200,000.00 Worlds Foremost Bank 2.400%07/16/20 981571BP6 07/07/15 200,000.00 99.537 199,074.00 2,012.05
TOTALS 6,314,000.00 5,268,265.00 5,251,301.92 34,936.52
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CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez, Treasurer December 31, 2015
Broker Face Amount Description Coupon
Rate
Maturity
Date Acct/Cusip No.Settlement
Date Principal**
Market Price
(Changes
Monthly)
Market
Value***
Interest Received Fiscal
Year to Date*
City of Azusa Investments - AAA Rated Federal Agency Bonds
BONDS CALLED OR MATURED DURING FISCAL YEAR 120,336.95
Gilford Sec 1,000,000 FFCB 0.770 6/15/17 0.770%06/15/17 3133EC5L4 12/05/12 999,300.00 100.001 1,000,010.00 3,850.00
Gilford Sec 1,000,000 FFCB 0.900 12/26/17 0.900%12/26/17 3133ECB45 12/26/12 999,500.00 100.002 1,000,020.00 4,500.00
Gilford Sec 1,000,000 FFCB 1.030 3/12/18 1.030%03/12/18 3133ECHS6 03/12/13 1,000,000.00 99.053 990,530.00 5,150.00
RBC Dain Rauscher 1,000,000 FFCB 1.050 3/14/18 1.050%03/14/18 3133ECJ39 03/14/13 999,500.00 99.756 997,560.00 5,250.00
Gilford Sec 1,000,000 FHLB .085 07/24/17 0.850%07/24/17 313380WR4 10/24/12 1,000,000.00 99.651 996,510.00 4,250.00
Gilford Sec 1,000,000 FHLB 0.980 11/15/17 0.980%11/15/17 3133817D1 11/15/12 1,000,000.00 99.406 994,060.00 4,900.00
Higgins 1,000,000 FNMA 1.050 05/25/18 1.050%05/25/18 3135G0XK4 05/30/13 1,000,000.00 99.179 991,790.00 5,250.00
Gilford/Sterne Agee 1,000,000 FNMA 2.00 1/15/20 2.000%01/15/20 3136G2BM8 01/15/15 1,000,000.00 100.045 1,000,450.00 10,000.00
Multi-Bank Sec 1,000,000 FNMA 1.875 2/13/20 1.875%02/13/20 3135G0B93 02/13/15 997,050.00 99.689 996,890.00 9,375.00
Multi-Bank Sec 1,000,000 FNMA 2.000 5/27/20 2.000%05/27/20 3136G2K30 05/27/15 1,000,000.00 100.021 1,000,210.00 10,000.00
Multi-Bank Sec 1,000,000 FHLMC 2.00 6/29/20 2.000%06/29/20 3134G6V42 06/29/15 1,000,000.00 99.531 995,310.00 10,000.00
Gilford/Sterne Agee 1,000,000 FFCB 1.740 3/02/20 1.740%03/02/20 3133EFBV8 09/02/15 1,000,000.00 99.721 997,210.00
Gilford/Sterne Agee 1,000,000 FHLMC 1.340 12/28/18 1.340%12/28/18 3134G7XU0 09/28/15 1,000,000.00 99.544 995,440.00 3,350.00
Gilford/Sterne Agee 1,000,000 FHLMC 2.000 9/30/20 2.000%09/30/20 3134G7UY5 08/26/15 1,000,000.00 100.169 1,001,690.00
Multi-Bank Sec 1,000,000 FHLMC 1.340 9/30/20 2.000%09/30/20 3134G7VJ7 09/30/15 1,000,000.00 100.182 1,001,820.00
Gilford/Sterne Agee 1,000,000 FNMA 2.000 8/26/20 2.000%08/26/20 3136G2LB1 08/26/15 1,000,000.00 100.088 1,000,880.00
Gilford/Sterne Agee 1,000,000 FFCB 1.700 10/08/20 1.700%10/08/20 3133EFHS9 10/08/15 999,000.00 98.012 980,120.00
Multi-Bank Sec 1,000,000 FHLMC 1.800 11/25/20 1.800%11/25/20 3134G76R7 10/29/15 999,440.00 99.047 990,470.00
Gilford/Sterne Agee 1,000,000 FHLMC 1.875 11/25/20 1.875%11/25/20 3134G82E8 10/29/15 1,000,000.00 99.045 990,450.00
Gilford/Sterne Agee 1,000,000 FHLMC 1.900 11/25/20 1.900%11/25/20 3134G82V0 10/30/15 1,000,000.00 99.396 993,960.00
Multi-Bank Sec 2,000,000 FHLMC 2.000 11/25/20 2.000%11/25/20 3134G84G1 11/30/15 2,000,000.00 100.015 2,000,300.00
RBC Dain Rauscher 1,000,000 FNMA 2.000 11/25/20 2.000%11/25/20 3135G0H22 11/06/15 1,000,000.00 100.000 1,000,000.00
Gilford/Sterne Agee 1,000,000 FNMA 2.000 11/25/20 2.000%11/25/20 3135G0H22 11/06/15 1,000,000.00 100.000 1,000,000.00
Gilford/Sterne Agee 1,000,000 FHLB 1.400 10/08/19 1.400%10/08/19 31330A6L54 10/08/15 999,000.00 98.455 984,550.00
Gilford/Sterne Agee 1,000,000 FHLB 1.950 6/23/20 1.950%06/23/20 3130A6VX2 12/23/15 1,000,000.00 99.629 996,290.00
Gilford/Sterne Agee 1,000,000 FHLMC 2.100 12/18/20 2.100%12/18/20 3134G86D6 12/18/15 1,000,000.00 100.074 1,000,740.00
Gilford/Sterne Agee 1,000,000 FHLMC 2.000 10/15/20 2.000%10/15/20 3134G7YY1 10/15/15 1,000,000.00 100.026 1,000,260.00
TOTALS 44,405,556 27,992,790.00 27,897,520.00 196,211.95
WFB - CITY THIRD PARTY CUSTODIAL TRUST ACCT 0.020%N/A N/A N/A 23,652.90 100.000 23,652.90 616.99
LAIF - CITY LOCAL AGENCY INVESTMENT FUND 0.400%N/A N/A N/A 21,906,967.16 100.000 21,906,967.16 37,671.41
CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez, Treasurer December 31, 2015
Broker Face Amount Description Coupon
Rate
Maturity
Date Acct/Cusip No.Settlement
Date Principal**
Market Price
(Changes
Monthly)
Market
Value***
Interest Received Fiscal
Year to Date*
City of Azusa Investments - AAA Rated Corporate Bonds
BONDS CALLED OR MATURED DURING FISCAL YEAR 0.00
Gilford/Sterne Agee 1,000,000 Apple 1.00 5/03/18 1.000%05/03/18 037833AJ9 04/27/15 998,000.00 99.188 991,880.00 5,000.00
TOTALS 1,000,000 998,000.00 991,880.00 5,000.00
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CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez, Treasurer December 31, 2015
Broker Face Amount Description Coupon
Rate
Maturity
Date Acct/Cusip No.Settlement
Date Principal**
Market Price
(Changes
Monthly)
Market
Value***
Interest Received Fiscal
Year to Date*
Light & Water Fund Investments - Certificates of Deposit - FDIC Insured
CERTIFICATES OF DEPOSIT SOLD OR MATURED DURING FISCAL YEAR 198.36
Higgins/RBC 245,000.00 Bank Baroda New York 1.100%12/27/16 06062ACV9 12/24/13 245,000.00 100.264 245,646.80 1,351.19
Wachovia Sec 40,000.00 BMW Bank of NA 1.350%04/27/16 05568PW45 04/27/12 40,000.00 100.234 40,093.60 270.74
Multi National Bank 245,000.00 Discover Bank 1.900%05/06/20 254672NC8 05/06/15 245,000.00 98.891 242,282.95 2,346.63
Wachovia Sec 200,000.00 GE Capital Financial Inc.1.250%05/18/16 36160XD87 05/18/12 200,000.00 100.235 200,470.00 1,260.27
Multi National Bank 245,000.00 Orrstown Bank 2.000%12/28/20 687377DU2 12/28/15 245,000.00 99.090 242,770.50
TOTALS 730,000.00 975,000.00 971,263.85 5,427.19
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CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez, Treasurer December 31, 2015
Broker Face Amount Description Coupon
Rate
Maturity
Date Acct/Cusip No.Settlement
Date Principal**
Market Price
(Changes
Monthly)
Market
Value***
Interest Received Fiscal
Year to Date*
Light & Water Fund Investments - AAA Rated Federal Agency Bonds
BONDS CALLED OR MATURED DURING FISCAL YEAR 25,791.12
Gilford Sec 1,000,000.00 FFCB 0.730 03/13/17 0.730%03/13/17 3133ECHG2 03/13/13 1,000,000.00 99.819 998,190.00 3,650.00
Gilford Sec 1,000,000.00 FFCB 0.820 07/11/17 0.820%07/11/17 3133EA4H8 10/12/12 999,000.00 99.564 995,640.00 4,100.00
Multi-Bank Sec 1,000,000.00 FHLMC 1.800 10/29/20 1.800%10/29/20 3134G7T27 10/29/15 1,000,000.00 100.008 1,000,080.00
Multi-Bank Sec 1,000,000.00 FHLMC 2.000 10/29/20 2.000%10/29/20 3134G7ZN4 10/29/15 1,000,000.00 100.063 1,000,630.00
Gilford Sec 1,000,000.00 FHLB 1.000 02/27/18 1.000%02/27/18 3133823D3 02/27/13 1,000,000.00 99.283 992,830.00 5,000.00
Multi-Bank Sec 1,000,000.00 FHLMC 1.800 11/25/20 1.800%11/25/20 3134G76R7 10/29/15 999,440.00 99.047 990,470.00
Multi-Bank Sec 1,000,000.00 FHLMC 1.900 11/25/20 1.900%11/25/20 3134G82V0 10/29/15 1,000,000.00 99.396 993,960.00
Multi-Bank Sec 1,000,000.00 FNMA 2.000 11/25/20 2.000%11/25/20 3135G0H22 11/06/15 1,000,000.00 100.000 1,000,000.00
Multi-Bank Sec 1,000,000.00 FNMA 1.875 2/19/20 1.875%02/19/20 3135G0C50 02/19/15 1,000,000.00 99.546 995,460.00 9,375.00
TOTALS 9,000,000.00 8,998,440.00 8,967,260.00 47,916.12
WFB - L&W THIRD PARTY CUSTODIAL TRUST ACCT 0.020%N/A N/A N/A 145,681.71 100.000 145,681.71 416.85
CITY OF AZUSA and LIGHT & WATER RATE STABLIZATION Principal**
Market Price
(Changes
Monthly)
Market
Value***
Interest Received Fiscal
Year to Date*
TOTAL INVESTMENTS IN FEDERAL AGENCIES, Corp Bonds, CD's, WFB INSTITUTIONAL TRUSTS, and LAIF 66,308,796.77 66,155,527.54 328,197.03
*The Interest reflects earnings received from July 1, 2014.
**The "Principal" column reflects the balance on the last day of the month or the "historical cost" spent to purchase a security.
***The "Market Value" is the current price at which a security can be traded or sold.
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