Consent Item 6
Consent Item 6
To: Ava Community Energy Authority
From: Russell Mills, Chief Financial Officer & Treasurer Subject: Presenting the Treasurer’s Report for Fiscal Year 2025-2026 Q2 (Informational Item)
Date: February 18, 2026
Summary/Recommendation
Receive report on Ava’s cash position.
Background and Discussion
For the quarter ending December 31, 2025, Ava has maintained a positive cash balance on all Ava bank accounts. Below is a summary of account balances, cash received, and outstanding loan balances.
Account Balances as of 12/31/2025
Accounts Held Amount
River City Accounts
Operating
Internal Operating $ 2,982,223
Operating Fund $ 182,173,156
Lockbox $ 26,181,777
Interest Bearing
Money Market $ 60,773,088
Insured Cash Sweep Checking $ 90,302,021
Insured Cash Sweep Saving $ 5,163,661
CDARS $ 50,000,000
US Bank
Checking $ 58,237,429
Reserve Balance $ 330,873,400
Invested Capital $ 20,922,324
Wells Fargo
Security Margin $ 263,907
Total $ 827,872,986
Consent Item 6
Cash Received by Month into Lockbox Account
Outstanding Loan Balances:
PNC Credit Facility: $0.00
Customer Delinquency:
As of December 31, 2025
31 – 60 Days: $ 6,599,534
61 – 90 Days: $ 6,890,213
91 - 120 Days: $ 5,007,818
120+ Days: $ 55,477,688
Oct 2025 $ 125,126,144
Nov 2025 $ 86,248,379
Dec 2025 $ 87,475,914
Total $ 298,850,438