HomeMy WebLinkAboutAgenda Packet - December 16, 2013 - CC APPROVED
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CONSENT ITEM
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TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: ART VASQUEZ, CITY TREASURER
DATE: DECEMBER 16, 2013
SUBJECT: CITY TREASURER'S STATEMENT OF CASH AND INVESTMENT
BALANCES FOR THE MONTH OF NOVEMBER 2013
RECOMMENDATION:
It is recommended that the Council Members receive, review, and file the City Treasurer's
Report for the City of Azusa for the month of November 2013.
BACKGROUND:
Transmitted herewith is the City Treasurer's Statement of Cash Balances for the City of Azusa
for the month of November 2013. City investments are made in accordance with the City's
Investment Policy adopted and approved with Resolution No. 05 —C16 dated, February 4, 2013,
and Government Code Section 53600 et seq.
FISCAL IMPACT:
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, 2013 to November
30, 2013 is a net decrease of$952,547.69.
The change in total cash in bank and investments (at market) from October 31, 2013 to
November 30, 2013 is a net decrease of$925,313.64.
CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez, Treasurer
Treasury Checking Accounts and Certificates of Deposit November 30,2013
Held in Wells Fargo Bank
Face Maturity Interest or Balance
Account Number
Amount' Date Coupon Description or
Rate " or CUSIP
Market Value
Checking Accounts
General Checking Account XXX-XXX1244 96,951.00
Stagecoach Sweep Account DDA XXX-XXX 1244 4,164,181.17
Worker's Compensation Checking(ZBA account) XXXX-XX3279 0.00
Payroll Checking(ZBA account) XXXX-XX1393 0.00
Police Petty Cash Fund XXX-XXX0334 105.12
Police Detective Petty Cash Fund XXX-XXX2231 4,258.55
Section 108
0.970% Choice IV-Public Fund Account XXX-XXX2239 30,822.04
Covington Endowment
WFB Advantage Heritage Money Market Fund(rated AAAm/Aaa) WFB XXXX7554 21,218.74
100,000 05/12/14 1.400% Certificate of Deposit Discover Bank DE Matures 5/12/14 CUSIP 254670D66 100,407.80
Sewer Bond Fund
WFB Advantage Heritage Money Market Fund(rated AAAm/Aaa) WFB XXXX1829 17,702.91
250,000 03/28/17 0.750% Certificate of Deposit Georgia B&T Matures 3/28/17 CUSIP 373128EC7 247,793.75
TOTALS WELLS FARGO BANK ACCOUNTS 4,683,441.08
Page 1
CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez,Treasurer
November 30,2013
Market Price
Coupon Maturity Settlement Market Interest Received Fiscal
Broker Face Amount Description Rate Date Acct/Cusip No. Date Principal** (Changes Value*** Year to Date*
Monthly)
City of Azusa Investments Certificates of Deposit-FDIC Insured
CERTIFICATES OF DEPOSIT SOLD OR MATURED DURING FISCAL YEAR 1,880.34
Wachovia Sec 100,000.00 Ally Bank 1.100% 09/08/14 02005QTS2 09/07/11 100,000.00 100.651 100,651.00 554.52
Wachovia Sec 100,000.00 Ally Bank UT 95.000% 02/08/15 02005QYS6 02/08/12 100,000.00 100.732 100,732.00 471.10
Wachovia Sec 250,000.00 American Express Centurion 1.250% 06/09/14 02587DAX6 06/06/11 250,000.00 100.467 251,167.50
Wachovia Sec 200,000.00 Bank Hapoalim NY 1.000% 07/24/15 06251AYD6 07/24/12 200,000.00 100.571 201,142.00 991.78
Wachovia Sec 200,000.00 Bank of China New York 0.600% 01/06/14 06425H4T0 07/05/12 200,000.00 100.012 200,024.00 595.07
Wachovia Sec 200,000.00 Barclays Bank of Delaware 1.600% 01/11/16 06740KFS1 01/11/12 200,000.00 101.673 203,346.00 1,586.85
Wachovia Sec 200,000.00 BMW Bank of North America 1.350% 09/23/14 05568PR90 09/23/11 200,000.00 100.665 201,330.00 1,361.10
Wachovia Sec 200,000.00 CIT Bank SLC 1.450% 11/14/14 17284AH43 11/14/11 200,000.00, 100.905 201,810.00 1,461.92
Wachovia Sec 200,000.00 Compass Bank Birmingham AL 1.000% 12/29/14 20451PACO 06/29/12 200,000.00 100.408 200,816.00 997.26
Wachovia Sec 200,000.00 Goldman Sachs Group,Inc. 1.200% 03/07/16 38143ALTO 03/07/12 200,000.00, 100.427 200,854.00 1,209.86
Wachovia Sec 200,000.00 Huntington National Bank 0.750% 12/08/14 446438QL0 06/08/12 200,000.00 100.398 200,796.00
WFB 200,000.00 JP Morgan Chase 0.500% 02/16/16 48124JSS8 02/15/13 200,000.00 98.728 197,456.00 495.89
First Clearing Corp 245,000.00 Key Bank National Association 0.450% 03/13/15 49306SRH1 03/13/13 245,000.00 99.890 244,730.50 555.78
Wachovia Sec 200,000.00 Merrick Bank South Jordan UT 0.900% 01/25/16 59012YU96 07/25/12 200,000.00 100.613 201,226.00 754.54
Wachovia Sec 245,000.00 Mizuho Corp Bank USA 0.500% 12/12/13 60688TGZ6 12/12/12 245,000.00 100.012 245,029.40
Wachovia Sec 200,000.00 Safra National Bank 0.800% 06/29/15 786580T83 07/28/12 200,000.00 100.590 201,180.00
Wachovia Sec 200,000.00 Sallie Mae Bank Murray UT 1.100% 08/10/15 795450NT8 08/08/12 200,000.00 100.555 201,110.00 1,090.96
Wachovia Sec 200,000.00 Sovereign Bank FSB 0.700% 06/20/14 84603MZ66 06/20/12 200,000.00 100.223 200,446.00
Wachovia Sec 200,000.00 State Bank of India NY 1.250% 06/22/15 856284F74 06/22/12 200,000.00 100.654 201,308.00
Wachovia Sec 245,000.00 Webster Bank NA 1.000% 12/12/17 94768NJD7 12/12/12 245,000.00 99.552 243,902.40
Wachovia Sec 245,000.00 Wells Fargo Bank WFCO 0.950% 02/28/18 94986TMB0 02/27/13 245,000.00 98.536 241,413.20 1,173.32
TOTALS 4,230,000.00 4,230,000.00 4,240,470.00 15,180.29
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CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez,Treasurer November 30,2013
Market Price
Coupon Maturity Settlement Market Interest Received Fiscal
Broker Face Amount Description Rate Date Acct/Cusip No. Date Principal** (Changes Value*** Year to Date*
Monthly)
City of Azusa Investments - AAA Rated Federal Agency Bonds
BONDS CALLED OR MATURED DURING FISCAL YEAR 3,597.22
Gilford Sec 1,000,000 FFCB 0.710 07/19/16 0.710% 07/19/16 3133EAYQ5 07/23/12 1,000,000.00 100.003 1,000,030.00 3,550.00
Gilford Sec 1,000,000 FFCB 0.770 6/15/17 0.770% 06/15/17 3133EC5L4 12/05/12 999,300.00, 99.219 992,190.00
Gilford Sec 1,000,000 FFCB 0.900 12/26/17 0.900% 12/26/17 3133ECB45 12/26/12 999,500.00 98.637 986,370.00
Gilford Sec 1,000,000 FFCB 0.980 09/18/17 0.980% 09/18/17 3133EAX29 09/20/12 1,000,000.00 99.312 993,120.00 4,900.00
Gilford Sec 1,000,000 FFCB 1.030 3/12/18 1.030% 03/12/18 3I33ECHS6 03/12/13 1,000,000.00 98.388 983,880.00 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 98.982 989,820.00 5,250.00
Higgins 1,000,000 FFCB 1.100 06/20/17 1.100% 06/20/17 3133EAVA3 06/20/12 1,000,000.00 100.005 1,000,050.00
Gilford Sec 1,000,000 FHLB.085 07/24/17 0.850% 07/24/17 313380WR4 10/24/12 1,000,000.00 99.123 991,230.00 4,250.00
Gilford Sec 1.500,000 FHLB 0.800 05/23/17 0.800% 05/23/17 313381AN5 11/23/12 1,500,000.00 99.260 1,488,900.00 6,000.00
Gilford Sec 1,000,000 FHLB 0.850 08/15/17 0.850% 08/15/17 313381Z24 02/15/13 1,000,000.00 99.345 993,450.00 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 99.277 992,770.00 4,900.00
WFB 1,000,000 FHLB 1.000 01/30/18 1.000% 01/03/18 313381TW5 01/30/13 1,000,000.00 98.852 988,520.00 5,000.00
Wachovia Sec 1,000,000 FHLB 1.250 07/29/14 1.250% 07/29/14 313370YK8 09/17/10 1,000,000.00 100.717 1,007,170.00 6,250.00
Higgins 1,000,000 FHLB 1.375 6/27/18 1.375% 06/27/18 313383JP7 6/27/2013 1,000,000.00 99.042 990,420.00
Higgins 1,000,000 FNMA 1.05005/25/18 1.050% 05/25/18 3135G0XK4 05/30/13 1,000,000.00 98.628 986,280.00 5,104.17
TOTALS 15,500,000 15,498,300.00 15,384,200.00 58,201.39
WFB-CITY THIRD PARTY CUSTODIAL TRUST ACCT 0.070% N/A N/A N/A 6,692,631.08 100.000 6,692,631.08 1,591.46
LAIF-CITY LOCAL AGENCY INVESTMENT FUND 0.263% N/A N/A N/A 12,806,761.37 100.000 12,806,761.37 0.00
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CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez,Treasurer November 30,2013
Market Price
Coupon Maturity Settlement Market Interest Received Fiscal
Broker Face Amount Description Acct/Cusip No. Principal** (Changes
Rate Date Date Value*** Year to Date*
Monthly)
Light&Water Fund Investments Certificates of Deposit FDIC Insured'
CERTIFICATES OF DEPOSIT SOLD OR MATURED DURING FISCAL YEAR 1,347.50
Wachovia Sec 40,000.00 Bank Hapoalim NY 1.000% 07/24/15 06251AYD6 07/24/12 40,000.00 100.571 40,228.40 198.36
Wachovia Sec 40,000.00 Bank of China NY 0.850% 02/03/14 06425HYW0 02/01/12 40,000.00 100.095 40,038.00 168.60
Wachovia Sec 40,000.00 BMW Bank of NA 1.350% 04/27/16 05568PW45 04/27/12 40,000.00 100.699 40,279.60 270.74
Wachovia Sec 40,000.00 Compass Bank Birmingham AL 0.900% 06/30/14 20451 PAB2 06/29/12 40,000.00 100.234 40,093.60 179.51
Wachovia Sec 200,000.00 Discover Bank Greenwood DE 1.050% 05/11/15 254671AR1 05/09/12 200,000.00 100.599 201,198.00 1,058.63
Wachovia Sec 240,000.00 Enerbank USA 5.000% 09/14/14 29266NUY1 06/14/12 240,000.00 100.267 240,640.80 503.02
Wachovia Sec 240,000.00 First National Bank of Omaha 0.500% 01/10/14 332135EZ1 10/10/12 240,000.00 100.000 240,000.00 601.64
Wachovia Sec 200,000.00 GE Capital Financial Inc. 1.250% 05/18/16 36160XD87 05/18/12 200,000.00 100.273 200,546.00 1,260.27
Wachovia Sec 235,000.00 GE Capital Retail Bank 1.050% 04/27/15 36157PCW7 04/27/12 235,000.00 100.371 235,871.85 1,237.13
Wachovia Sec 40,000.00 Goldman Sachs Group,Inc. 0.850% 02/03/14 38143AJB2 02/01/12 40,000.00 100.058 40,023.20 168.60
Wachovia Sec 40,000.00 Huntington National Bank 0.750% 12/08/14 446438QL0 06/08/12 40,000.00 100.398 40,159.20
Wachovia Sec 40,000.00 Safra National Bank 0.800% 06/29/15 786580T83 07/28/12 40,000.00 100.590 40,236.00
Wachovia Sec 40,000.00 Sovereign Bank FSB 0.700% 06/20/14 84603MZ66 06/20/12 40,000.00 100.223 40,089.20
Wachovia Sec 40,000.00 State Bank of India NY 1.250% 06/22/15 856284F74 06/22/12 40,000.00 100.654 40,261.60
TOTALS 1,475,000.00 1,475,000.00 1,479,665.45 6,994.00
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CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez,Treasurer
November 30,2013
Market Price
Coupon Maturity Settlement Market Interest Received Fiscal
Broker Face Amount Description Rate Date Acct/Cusip No. Date Principal** (Changes Value*** Year to Date*
Monthly)
Light&Water Fund Investments - AAA Rated Federal Agency Bonds
BONDS CALLED OR MATURED DURING FISCAL YEAR 0.00
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 99.727 997,270.00 3,650.00
Gilford Sec 655,172.41 FHLB 0.720 08/08/16 0.720% 08/08/16 3133805K9 08/08/12 654,844.82 100.003 655,192.07 2,358.62
WFB 1,000,000.00 FFCB 0.690 09/26/16 0.690% 09/26/16 3133EAZ76 09/26/12 1,000,000.00 100.003 1,000,030.00 3,450.00
WFB 1,000,000.00 FFCB 0.620 10/24/16 0.620% 10/24/16 3133EA5V6 10/24/12 1,000,000.00 100.003 1,000,030.00 3,100.00
Gilford Sec 1,000,000.00 FFCB 0.820 07/11/17 0.820% 07/11/17 3133EA4H8 10/12/12 999,000.00 99.163 991,630.00 4,100.00
Gilford Sec 1,000,000.00 FFCB 0.980 09/18/17 0 980% 09/18/17 3133EAX29 09/18/12 1,000,000.00 99.312 993,120.00 4,900.00
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 98.835 988,350.00 5,000.00
Higgins Capital 1,000,000.00 FHLB 0.900 06/20/18 0.900% 06/20/18 313383EM9 06/20/13 994,500.00 99.022 990,220.00
TOTALS 7,655,172.41 7,648,344.82 7,615,842.07 26,558.62
WFB-L&W THIRD PARTY CUSTODIAL TRUST ACCT 0.700% N/A N/A N/A 701,766.16 100.000 701,766.16 170.82
Market Price
CITY OF AZUSA and LIGHT&WATER RATE STABLIZATION Principal** (Changes
Mark***
Interest Received Fiscal
Monthly) Value Year to Date*
TOTAL INVESTMENTS IN FEDERAL AGENCIES,CD's,WFB INSTITUTIONAL TRUSTS,and LAIF 49,052,803.43 48,921,336.13 108,696.58
*The Interest reflects earnings received from July 1,2013.
**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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