M E M O R A N D U M
City Clerk
October 1, 2025
TO:
FROM: Kim Sitton
Finance Director
SUBJECT: Monthly Fiscal Report, July 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 July 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: A52BC796-F0CC-40C4-8AB0-FFB58725E6A6
BEGINNING ENDING
DESCRIPTION BALANCE RECEIPTS DISBURSEMENTS BALANCE
Balance Per Bank - Bank of America $ 2,093,004.12 $ 67,493,691.61 $ 62,508,963.91 $ 7,077,731.82 Deposits in Transit 1,714,166.43 1,714,166.43 1,092,076.08 Outstanding Checks (670,147.83) 2,214,681.15 (2,214,681.15) Fiscal Agents 55,603,109.39 994,156.73 55,435,733.18
Developer Escrow Accounts 2,529,523.58
1,092,076.08
670,147.83
826,780.52
2,529,523.58
Investments
Chandler Investment- City Account 406,795,938.48 15,745,176.50 14,856,870.90 407,684,244.08 Chandler Investment -Pension Trust Fund 44,008,808.25 34,206.75 44,043,015.00 LAIF 56,301,691.86 18,638,179.87 38,500,000.00 36,439,871.73 Investments Subtotal 507,106,438.59 34,417,563.12 53,356,870.90 488,167,130.81 Unrealized Investment Gain (Loss)1
15,595,503.32 15,595,503.32
Change Fund 10,248.00 10,248.00
Returned Checks 1,203.12 33,763.92 31,433.91 3,533.13
Credit Card Reconciling Items- Fees (2,427.93) 2,427.93 2,545.47 (2,545.47) TOTAL $ 583,980,620.79 $ 104,536,451.01 $ 120,822,818.50 $ 567,694,253.30 * For informational purpose only
July 31, 2025
CITY OF CORONA
Receipts and Disbursements*
Docusign Envelope ID: A52BC796-F0CC-40C4-8AB0-FFB58725E6A6
ENDING DEPOSITS OUTSTANDING MISCELLANEOUS RECONCILED
ACCOUNTS BANK BAL IN TRANSIT CHECKS RECONCILING ITEMS BALANCES LAIF $ 36,439,871.73 $ 36,439,871.73
Chandler Investment- City Account $ 407,684,244.08 $ 407,684,244.08 Chandler Investment -Pension Trust Fund $ 44,043,015.00 $ 44,043,015.00 Investment Total 488,167,130.81 488,167,130.81
General Account - Bank of America 6,823,971.82 16,345,913.28 (2,119,255.03) 987.66 21,051,617.73 Worker's Comp Account - Bank of America 253,760.00 341,666.12 (95,426.12) 500,000.00 Fiscal Agent Accounts 55,435,733.18 55,435,733.18
Escrow Account 2,529,523.58 2,529,523.58
Cashiers Change 10,248.00 10,248.00
BALANCE PER BOOKS OF CITY TREASURER
& FINANCE DIRECTOR $ 553,220,367.39 $ 16,687,579.40 $ (2,214,681.15) $ 987.66 $ 567,694,253.30 Subject to final audit
CITY OF CORONA
Cash and Investment Status Report
July 31, 2025
Docusign Envelope ID: A52BC796-F0CC-40C4-8AB0-FFB58725E6A6 General Fund $ 222,881,387.26
Special Revenue Funds
Gas Tax 14,270,393.35
Measure A 19,051,764.16
Trip Reduction 2,227,277.50
Asset Forfeiture 384,454.21
Development 34,434,499.47
Residential Refuse/Recycling (886,579.75)
Landscape and Streetlight Maintenance 29,897,863.98
Other Grants and Endowments 11,747,980.29 111,127,653.21 Debt Service Funds
Public Financing Authority 696.19 696.19
Capital Project Funds
Housing/Community Development (1,534,319.30)
Planned Local Drainage 617,317.88
Other Grants (24,328,286.48)
Public Facility Project (4,405,578.32)
Corona Housing Authority 22,632,452.24 (7,018,413.98)
Enterprise Funds
Water Utility 44,176,695.26
Water Reclamation Utility 59,079,412.75
Transit 724,115.45
Electric Utility 31,664,206.64
Airport 2,120,978.14 137,765,408.24
Internal Service Funds
Fleet Operations 2,380,238.20
Workers' Compensation 22,640,414.84
Liability Risk 2,859,114.38
Warehouse Services 1,162,816.20
Information Technology 10,897,565.99 39,940,149.61
Fiduciary Funds
AD & CFD Bond Funds 49,783,742.04
AB109 PACT -
Successor Agency 13,213,630.73 62,997,372.77
Total All Funds $ 567,694,253.30
Subject to final audit
CITY OF CORONA
Cash Balance By Fund
July 31, 2025
Docusign Envelope ID: A52BC796-F0CC-40C4-8AB0-FFB58725E6A6
MARKET BOOK PERCENT OF
INVESTMENTS PAR VALUE VALUE VALUE PORTFOLIO
ABS 49,055,000.00 43,864,958.98 43,566,891.20 8.92%
Agency 19,095,000.00 18,991,218.63 19,036,356.05 3.90%
CMO 47,415,000.00 45,988,682.84 45,002,979.99 9.22%
Pension Trust 756,491.37 55,428,408.27 44,043,015.00 9.02% Receivable 147,911.91 147,911.91 147,911.91 0.03%
Corporate 109,262,000.00 109,297,159.95 108,046,367.34 22.13% LAIF 32,939,871.73 32,939,871.73 32,939,871.73 6.75%
Money Market Fund FI 1,622,813.88 1,622,813.88 1,622,813.88 0.33% Municipal Bonds 4,395,000.00 4,458,718.71 4,418,161.65 0.91% Supranational 21,690,000.00 21,485,399.12 21,544,534.65 4.41% US Treasury 168,620,000.00 168,501,181.43 167,798,227.40 34.37% TOTAL PORTFOLIO $ 454,999,088.89 502,726,325.45 $ 100.00% 488,167,130.81 Subject to final audit
CITY OF CORONA
Investment Portfolio Report
July 31, 2025
Docusign Envelope ID: A52BC796-F0CC-40C4-8AB0-FFB58725E6A6