HomeMy WebLinkAboutE-04 Staff Report - Treasurer Report 11-2015CONSENT ITEM
E-4
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: ART VASQUEZ, CITY TREASURER
DATE: JANUARY 5, 2016
SUBJECT: CITY TREASURER’S STATEMENT OF CASH AND INVESTMENT
BALANCES FOR THE MONTH OF NOVEMBER 2015
SUMMARY:
Transmitted herewith is the City Treasurer’s Statement of Cash Balances for the City of Azusa
for the month of November 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 November 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 October 31, 2015 to November
30, 2015 is a net increase of $464,486.53.
The change in total cash in bank and investments (at market) from October 31, 2015 to
November 30, 2015 is a net increase of $408,472.60.
Prepared by:
Art Vasquez, City Treasurer
APPROVED
COUNCIL MEETING
1/5/2016
Received & Filed
CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez, Treasurer
Treasury Checking Accounts and Certificates of Deposit November 30, 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 49,828.00
Stagecoach Sweep Account DDA XXX-XXX1244 5,268,084.34
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 30,399.63
Covington Endowment
WFB Advantage Heritage Money Market Fund (rated AAAm/Aaa)WFB XXXX7554 2,573.16
100,000 05/30/17 1.100%Certificate of Deposit Goldman Sachs Bank Matures 5/30/17 CUSIP 38147JC75 100,252.70
Sewer Bond Fund
WFB Advantage Heritage Money Market Fund (rated AAAm/Aaa)WFB XXXX1829 21,456.88
250,000 03/28/17 0.750%Certificate of Deposit Georgia B&T Matures 3/28/17 CUSIP 373128EC7 249,852.00
Philleo TR FBO Azusa
WFB Money Market Fund WFB XXXX8700 5,026.78
Investments In Fixed Income. Equities, Real Asset Funds & Other 143,685.93
TOTALS WELLS FARGO BANK ACCOUNTS 5,874,268.48
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CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez, Treasurer November 30, 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
Wachovia Sec 200,000.00 Bank Hapoalim NY 1.000%07/24/15 06251AYD6 07/24/12 200,000.00 100.042 200,084.00 991.78
WFB 200,000.00 JP Morgan Chase 0.500%02/16/16 48124JSS8 02/15/13 200,000.00 100.011 200,022.00 495.89
Wachovia Sec 200,000.00 Sallie Mae Bank Murray UT 1.100%08/10/15 795450NT8 08/08/12 200,000.00 100.013 200,026.00 1,103.01
RBC Dain Rauscher 245,000.00 American Expr Centurion 2.000%11/28/18 02587DWJ3 11/28/14 245,000.00 99.833 244,590.85 1,516.99
Wachovia Sec 200,000.00 Barclays Bank of Delaware 1.600%01/11/16 06740KFS1 01/11/12 200,000.00 99.809 199,618.00 2,139.18
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 07/31/14 245,000.00 100.351 245,859.95 2,490.61
Multi Bank Securities 245,000.00 American Expr Centurion 2.300%09/23/20 02587DB64 09/23/15 245,000.00 100.252 245,617.40
Multi Bank Securities 205,000.00 BMW Bank 2.150%12/10/19 05580AAZ7 12/10/14 205,000.00 100.781 206,601.05
Higgins/RBC 245,000.00 Bank Baroda New York 1.100%12/27/16 06062ACV9 12/26/13 245,000.00 100.555 246,359.75
Multi Bank Securities 245,000.00 Barclays Bank of Delaware 2.200%09/16/20 06740KJK4 09/16/15 245,000.00 100.228 245,558.60
Multi Bank Securities 245,000.00 Capital One Bank 2.000%11/05/19 140420QN3 11/05/14 245,000.00 100.415 246,016.75 2,470.14
Multi Bank Securities 247,000.00 Capital One NA 2.300%07/07/15 14042E4P2 07/15/15 247,000.00 100.190 247,469.30
Multi Bank Securities 245,000.00 CIT Bank SLC 2.150%11/19/19 17284C3Q5 11/19/14 245,000.00 100.412 246,009.40 2,655.40
Multi Bank Securities 245,000.00 Comenity Cap Bank 1.850%10/09/18 20033AHA7 10/16/14 244,265.00 99.908 244,774.60 1,899.91
Multi Bank Securities 245,000.00 Everbank 2.050%08/28/20 29976DA59 08/28/15 245,000.00 100.511 246,251.95
Multi Bank Securities 245,000.00 First Bank of Highland Park 2.000%11/05/19 319141CY1 11/050/14 245,000.00 100.040 245,098.00 2,470.14
Multi Bank Securities 247,000.00 Goldman Sachs Group, Inc.2.100%01/21/15 38148JHQ7 01/21/20 247,000.00 100.253 247,624.91 2,572.18
Multi Bank Securities 245,000.00 Investors Savings Bank 2.000%08/25/20 46176PEJ0 08/28/15 245,000.00 100.521 246,276.45 (40.27)
Multi Bank Securities 247,000.00 Medallion Bank 2.250%07/27/20 58403BY67 07/27/15 247,000.00 100.200 247,494.00
Wachovia Sec 200,000.00 Merrick Bank South Jordan UT 0.900%01/25/16 59012YU96 07/25/12 200,000.00 100.100 200,200.00 754.54
Multi Bank Securities 245,000.00 Sallie Mae Bank 2.200%11/04/20 795450WV3 10/30/15 245,000.00 100.079 245,193.55
Multi Bank Securities 245,000.00 State Bank of India 1.700%05/28/19 856283YJ9 05/28/15 245,000.00 99.308 243,304.60 2,099.62
Multi Bank Securities 245,000.00 Synchrony Bank 1.900%04/24/15 87165FGF5 04/24/20 245,000.00 99.581 243,973.45 2,333.88
Gillford/Stern Agee 248,000.00 Third Federal Sav&Loan 2.000%11/25/19 88413QAW8 11/24/14 248,000.00 100.358 248,887.84 2,500.38
Wachovia Sec 245,000.00 Webster Bank NA 1.000%12/12/17 94768NJD7 12/12/12 245,000.00 100.869 247,129.05
Wachovia Sec 245,000.00 Wells Fargo Bank WFCO 0.950%02/28/18 94986TMB0 02/27/13 245,000.00 100.157 245,384.65 1,173.32
Multi Bank Securities 200,000.00 Worlds Foremost Bank 2.400%07/16/20 981571BP6 07/07/15 200,000.00 100.189 200,378.00 1,617.53
TOTALS 6,314,000.00 5,268,265.00 5,281,463.25 29,626.70
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CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez, Treasurer November 30, 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 12/05/12 999,300.00 100.006 1,000,060.00
Gilford Sec 1,000,000 FFCB 0.900 12/26/17 0.900%12/26/17 3133ECB45 12/26/12 999,500.00 100.009 1,000,090.00
Gilford Sec 1,000,000 FFCB 1.030 3/12/18 1.030%03/12/18 3133ECHS6 03/12/13 1,000,000.00 99.215 992,150.00 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 99.614 996,140.00 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 99.692 996,920.00 4,250.00
Gilford Sec 1,000,000 FHLB 0.980 11/15/17 0.980%11/15/17 3133817D1 11/15/12 1,000,000.00 100.010 1,000,100.00 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 99.513 995,130.00 5,250.00
Gilford/Sterne Agee 1,000,000 FNMA 2.00 1/15/20 2.000%01/15/20 3136G2BM8 01/15/15 1,000,000.00 100.181 1,001,810.00 10,000.00
Multi-Bank Sec 1,000,000 FNMA 1.875 2/13/20 1.875%02/13/20 3135G0B93 02/13/15 997,050.00 100.000 1,000,000.00 9,375.00
Multi-Bank Sec 1,000,000 FNMA 2.000 5/27/20 2.000%05/27/20 3136G2K30 05/27/15 1,000,000.00 100.179 1,001,790.00 10,000.00
Multi-Bank Sec 1,000,000 FHLMC 2.00 6/29/20 2.000%06/29/20 3134G6V42 06/29/15 1,000,000.00 100.049 1,000,490.00
Gilford/Sterne Agee 1,000,000 FFCB 1.740 3/02/20 1.740%03/02/20 3133EFBV8 09/02/15 1,000,000.00 100.016 1,000,160.00
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 99.725 997,250.00
Gilford/Sterne Agee 1,000,000 FHLMC 2.000 9/30/20 2.000%09/30/20 3134G7UY5 08/26/15 1,000,000.00 100.066 1,000,660.00
Multi-Bank Sec 1,000,000 FHLMC 1.340 9/30/20 2.000%09/30/20 3134G7VJ7 09/30/15 1,000,000.00 100.071 1,000,710.00
Gilford/Sterne Agee 1,000,000 FNMA 2.000 8/26/20 2.000%08/26/20 3136G2LB1 08/26/15 1,000,000.00 100.169 1,001,690.00
Gilford/Sterne Agee 1,000,000 FFCB 1.700 10/08/20 1.700%10/08/20 3133EFHS9 10/08/15 999,000.00 98.485 984,850.00
Multi-Bank Sec 1,000,000 FHLMC 1.800 11/25/20 1.800%11/25/20 3134G76R7 10/29/15 999,440.00 99.546 995,460.00
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 99.846 998,460.00
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 99.838 998,380.00
Multi-Bank Sec 2,000,000 FHLMC 2.000 11/25/20 2.000%11/25/20 3134G84G1 11/30/15 2,000,000.00 100.052 2,001,040.00
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 99.962 999,620.00
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 99.962 999,620.00
Gilford/Sterne Agee 1,000,000 FHLB 1.400 10/08/25 1.400%10/08/19 31330A6L54 10/08/15 999,000.00 98.834 988,340.00
Gilford/Sterne Agee 1,000,000 FHLMC 2.000 10/15/20 2.000%10/15/20 3134G7YY1 10/15/15 1,000,000.00 100.112 1,001,120.00
TOTALS 42,405,556 25,992,790.00 25,952,040.00 174,511.95
WFB - CITY THIRD PARTY CUSTODIAL TRUST ACCT 0.020%N/A N/A N/A 1,796,133.06 100.000 1,796,133.06 501.49
LAIF - CITY LOCAL AGENCY INVESTMENT FUND 0.374%N/A N/A N/A 19,906,967.16 100.000 19,906,967.16 37,671.41
CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez, Treasurer November 30, 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 99.438 994,380.00 5,000.00
TOTALS 1,000,000 998,000.00 994,380.00 5,000.00
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CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez, Treasurer November 30, 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 12/24/13 245,000.00 100.555 246,359.75
Wachovia Sec 40,000.00 BMW Bank of NA 1.350%04/27/16 05568PW45 04/27/12 40,000.00 100.450 40,180.00 270.74
Multi National Bank 245,000.00 Discover Bank 1.900%05/06/20 254672NC8 05/06/15 245,000.00 99.544 243,882.80 2,346.63
Wachovia Sec 200,000.00 GE Capital Financial Inc.1.250%05/18/16 36160XD87 05/18/12 200,000.00 100.412 200,824.00 1,260.27
TOTALS 485,000.00 730,000.00 731,246.55 4,076.00
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CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez, Treasurer November 30, 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 99.925 999,250.00 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 99.682 996,820.00 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 1,000,000.00 100.037 1,000,370.00
Multi-Bank Sec 1,000,000.00 FHLMC 2.000 10/29/20 2.000%10/29/20 3134G7ZN4 10/29/15 1,000,000.00 100.160 1,001,600.00
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 99.451 994,510.00 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 99.546 995,460.00
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 99.838 998,380.00
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 99.962 999,620.00
Multi-Bank Sec 1,000,000.00 FNMA 1.875 2/19/20 1.875%02/19/20 3135G0C50 02/19/15 1,000,000.00 100.311 1,003,110.00 9,375.00
TOTALS 9,000,000.00 8,998,440.00 8,989,120.00 47,916.12
WFB - L&W THIRD PARTY CUSTODIAL TRUST ACCT 0.020%N/A N/A N/A 389,279.21 100.000 389,279.21 365.54
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 64,079,874.43 64,040,629.23 299,669.21
*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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