MEMORANDUM
TO: MAYOR AND CITY COUNCIL
FROM: MICHAEL LEWIS CITY TREASURER
SUBJECT: CASH AND INVESTMENT REPORT - NOVEMBER 2024
DATE: MARCH 06, 2025
Attached is the Treasurer Report for the month of November 2024. This performance report lists the sa inus tyres of tector al scies ned in the chity s incesties porpolice ast me endor he reporting period
All of the City's investments as of November 30, 2024 are in compliance with the investment policy and the California Government Code except as otherwise noted or disclosed herein.
SUMMARY
CASH HOLDINGS $22,637,575.75
INVESTMENTS FAIR VALUE $ 0.00
TOTAL AVAILABLE FOR DISCRETIONARY EXPENDITURES $22,637,575.75 Michael J. Lewi
City Treasurer
CITY OF BARSTOW
CASH & AGENCY HOLDING REPORT
NOVEMBER 2024
AVAILABLE FUNDS
Total Portfolio
Description of Investment Amount Cost Basis Yield Comments Cash/Union Bank of CA - GL 3,083,512.20
Local Agency Investment Fund (LAIF) 18,549,015.85 4.518 Petty Cash 2,040.00
California Class Investments 1,003,007.70 4.8272
Accrued AIR YE 0.00
Total Available Funds 22,637,575.75
Adopted FY2025 Budget Expenditures 63,999,202.00
20% Reserve For Working Capital Per Policy 4,897,828.00 5% Emergency Reserved Per Policy 1,224,457.00
Grand Total For Reserve Amounts 6,122,285.00
Approved by: Date 3-12-25