HomeMy WebLinkAboutE- 5 City Treasure Statmentik
To: Honorable Mayor and Members of the City Council
From: Uriel Macias, City Treasurer
-Date: May 19, 2003
Subject: City Treasurer's Statement of Cash and Investment Balances for the month of
April 2003
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 April 2003.
Background:
--- Transmitted herewith is the City Treasurer's Statement -of Cash Balat�;ces for-thes ty of
Azusa for the month of April 2003. City investments are made in accordance with the
City Investment Policy adopted and approved with Resolution No. 02 -.C97 dated,
September 16, 2002 and Government Code Section 53600 et seq. The balance 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.
imount Pledged Securities
Maturi
Callable
Yleld—
Market Value
% of Portfolio
,171,607.00 FDIC up to $100,000.00
Ongoing
n/a
1.375%
1,171,607.00
1.82%
769,889.23 >$100,000 collaterized by 110% ingovn't securities
Ongoing
n/a
1.200%
769,889.23
1.20%
63,718.27 FDIC up to $100,000.00
Ongoin
n/a
None
63,718.27
0.10%
>$100,000 collatenzad by 110% ingovn't securities
16,870.81 FDIC up to $100,000.00
Ongoing
n/a
None
16,870.81
0.03%
>$100,000 collaterized by 110% in govn't securities
1,000,000.00 Federally Sonsorad Agency
02/06/07
02/06/04
3.300%
3,043,140.00
4.73%
,500.000.00 Federally,Sponsored Agency.-
06/20/07
06/20/03
3.500%..
2,508,600.00
.. ----3.90%
,000,000.00 Federally Sponsored Agency
08/27/07
08/27/03
4.000%
5,046,900.00
7.85%
',000,000.00 Federally Sponsored Agency
12/26/07
12/26/03
4.100%
2,036,260.00
3.17%
0.00 FDIC u to $100,000.00
On oin
n/a
None
0.00
0.00%
I 4100,000 collaterized by 110% in govn't securities
j 300,000.00 FDIC up to $100,000.00
Ongoing
n/a
1.200%
1 304,064.73
0.47%
j ISO holds a $300,000 securfty interest in the CD
,975,001.22 FDIC up to $100,000.00 >$100,000 collateralized by 110"k in gov.sec
04/07/03
n/a
1.900%
2,013,351.68
3.13%
,797,086.53
16,974,401.72
,994,000.00 Federally Sponsored Agency
4/17/2008
10/17/2003
3.625%
2,016,480.00
3.14%
,000,625.00 Federally Sponsored Aenc
11/21/2006
Ix 11/21/03
3.242%
2,020,480.00
3.14%
1,000,000.00 Federally Sponsored Agency
8/21/2006
8/21/2003
3.110%
2,008,760.00
3.12%
!,000,000.00 Federally Sponsored Agency
12/19/2007
6/19/2003
4.000%
2,007,380.00
3.12%
368,672.13 Backed by full faith & credit of the State of California
Ongoing
n/a
2.690%
37,368,672.13
58.10%
1,160,383.661
62,396,173.85
,921,285.28 Custodian account for section 108 HUD loan program
Ongoing
We
1.380%
1,921,285.28
2.99%
,921,285.28
1,921,285.28
,081,668.941
1
$64,317,459.13
100.00%