M E M O R A N D U M
August 20, 2025
TO: City Clerk
FROM: Kim Sitton
Finance Director
SUBJECT: Monthly Fiscal Report, June 2025
Pursuant to CMC Section 2.28.010 (D) the attached report provides an accounting of all receipts, disbursements, and fund balances for the month of June 2025, subject to final audit.
Prepared By: Reviewed By:
_______________________________ _______________________________ Financial Analyst Accounting Manager
Respectfully submitted:
_______________________________ _______________________________ Finance Director Assistant City Manager
_______________________________
City Treasurer
Attachment
Docusign Envelope ID: 7534A125-20DB-4FE7-96BA-C71E3B2B500F
BEGINNING ENDING
DESCRIPTION BALANCE RECEIPTS DISBURSEMENTS BALANCE
Balance Per Bank - Bank of America $ 4,689,148.73 $ 61,788,667.22 $ 64,384,811.83 $ 2,093,004.12 Deposits in Transit (461,242.31) 2,085,139.42 (461,242.31) 2,085,139.42 Outstanding Checks (2,430,680.63) 2,430,680.63 670,147.83 (670,147.83) Fiscal Agents 51,905,788.68 3,739,262.26 41,941.55 55,603,109.39 Developer Escrow Accounts 2,231,086.08 298,437.50 2,529,523.58 Investments
Chandler Investment- City Account 408,899,261.55 17,206,703.00 19,310,026.07 406,795,938.48 Chandler Investment -Pension Trust Fund 43,722,365.86 199,342.27 (87,100.12) 44,008,808.25 LAIF 38,001,691.86 36,700,000.00 18,400,000.00 56,301,691.86 Investments Subtotal 490,623,319.27 54,106,045.27 37,622,925.95 507,106,438.59 Change Fund 10,248.00 10,248.00
Returned Checks 12,146.39 27,390.29 38,333.56 1,203.12
Credit Card Reconciling Items- Fees (2,797.79) 2,797.79 2,427.93 (2,427.93) TOTAL $ 546,577,016.42 $ 124,478,420.38 $ 102,299,346.34 $ 568,756,090.46 * For informational purpose only
June 30, 2025
CITY OF CORONA
Receipts and Disbursements*
Docusign Envelope ID: 7534A125-20DB-4FE7-96BA-C71E3B2B500F
ENDING DEPOSITS OUTSTANDING MISCELLANEOUS RECONCILED
ACCOUNTS BANK BAL IN TRANSIT CHECKS RECONCILING ITEMS BALANCES LAIF $ 56,301,691.86 $ 56,301,691.86
Chandler Investment- City Account $ 406,795,938.48 $ 406,795,938.48 Chandler Investment -Pension Trust Fund $ 44,008,808.25 $ 44,008,808.25 Investment Total 507,106,438.59 507,106,438.59
General Account - Bank of America 1,648,751.85 1,931,097.19 (571,853.33) (1,224.81) 3,006,770.90 Worker's Comp Account - Bank of America 444,252.27 154,042.23 (98,294.50) 500,000.00 Fiscal Agent Accounts 55,603,109.39 55,603,109.39
Escrow Account 2,231,086.08 298,437.50 2,529,523.58
Cashiers Change 10,248.00 10,248.00
BALANCE PER BOOKS OF CITY TREASURER
& FINANCE DIRECTOR $ 567,043,886.18 $ 2,383,576.92 $ (670,147.83) $ (1,224.81) $ 568,756,090.46 Subject to final audit
CITY OF CORONA
Cash and Investment Status Report
June 30, 2025
Docusign Envelope ID: 7534A125-20DB-4FE7-96BA-C71E3B2B500F General Fund $ 226,019,137.10
Special Revenue Funds
4.09E+08 14,760,666.76
42597582 18,573,939.05
Trip Reduction 2,209,976.63
Asset Forfeiture 393,383.39
Development 34,218,675.78
Residential Refuse/Recycling (881,319.95)
Landscape and Streetlight Maintenance 29,998,164.45
Other Grants and Endowments 13,995,973.88 113,269,459.99 Debt Service Funds
Public Financing Authority 693.79 693.79
Capital Project Funds
Housing/Community Development (1,211,214.01)
Planned Local Drainage 649,266.75
Other Grants (21,968,391.00)
Public Facility Project (4,384,349.35)
Corona Housing Authority 22,376,266.83 (4,538,420.78)
Enterprise Funds
Water Utility 44,095,335.32
Water Reclamation Utility 59,879,695.54
Transit 1,085,607.63
Electric Utility 31,031,650.56
Airport 2,105,689.07 138,197,978.12
Internal Service Funds
Fleet Operations (602,652.51)
Workers' Compensation 23,162,912.23
Liability Risk 1,842,874.73
Warehouse Services 1,170,162.94
Information Technology 8,749,088.56 34,322,385.95
Fiduciary Funds
AD & CFD Bond Funds 49,503,066.63
AB109 PACT -
Successor Agency 11,981,789.66 61,484,856.29
Total All Funds $ 568,756,090.46
Subject to final audit
CITY OF CORONA
Cash Balance By Fund
June 30, 2025
Docusign Envelope ID: 7534A125-20DB-4FE7-96BA-C71E3B2B500F
MARKET BOOK PERCENT OF
INVESTMENTS PAR VALUE VALUE VALUE PORTFOLIO
ABS 50,495,000.00 44,237,526.26 43,835,425.57 8.64%
Agency 25,380,000.00 25,238,270.18 25,296,795.25 4.99%
CMO 47,415,000.00 45,927,870.90 45,002,979.99 8.87%
Pension Trust 722,284.62 54,892,853.17 44,008,808.25 8.68% Receivable 330,957.74 330,957.74 330,957.74 0.07%
Corporate 109,262,000.00 109,598,248.93 108,046,367.34 21.31% LAIF 52,801,691.86 52,801,691.86 52,801,691.86 10.41%
Money Market Fund FI 1,994,988.89 1,994,988.89 1,994,988.89 0.39% Municipal Bonds 4,395,000.00 4,472,989.28 4,418,161.65 0.87% Supranational 21,690,000.00 21,514,470.22 21,544,534.65 4.25% US Treasury 160,620,000.00 161,370,001.31 159,825,727.40 31.52% TOTAL PORTFOLIO $ 475,106,923.11 522,379,868.73 $ 507,106,438.59 100.00% Subject to final audit
CITY OF CORONA
Investment Portfolio Report
June 30, 2025
Docusign Envelope ID: 7534A125-20DB-4FE7-96BA-C71E3B2B500F