MEMORANDUM
TO: MAYOR AND CITY COUNCIL
FROM: MICHAEL LEWIS CITY TREASURER
SUBJECT: CASH AND INVESTMENT REPORT - OCTOBER 2024
DATE: MARCH 05, 2025
Attached is the Treasurer Report for the month of October 2024. This performance report lists the various types of securities, institutions from which the securities were purchased, maturity dates, and interest rates for all securities held in the City's investment portfolio as of the end of 1l of the City's investments as of October 31, 2024 are in compliance with the investmen olicy and the California Government Code except as otherwise noted or disclosed herei
SUMMARY
CASH HOLDINGS $23,303,113.31
INVESTMENTS FAIR VALUE $ 0.00
TOTAL AVAILABLE FOR DISCRETIONARY EXPENDITURES $23,303,113.31 Michael J. Lewis
City Treasurer
CITY OF BARSTOW
CASH & AGENCY HOLDING REPORT
OCTOBER 2024
AVAILABLE FUNDS
Total Portfolio
Description of Investment Amount Cost Basis Yield Comments Cash/Union Bank of CA - GL 4,752,057.45
Local Agency Investment Fund (LAIF) 18,549,015.85 4.518 Petty Cash 2,040.00
California Class Investments 0.01
Accrued AR YE 0.00
Total Available Funds 23,303,113.31
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 312.25
Michael Lewis, City Treasurer