M E M O R A N D U M
October 15, 2025
TO: City Clerk
FROM: Kim Sitton
Finance Director
SUBJECT: Monthly Fiscal Report, August 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 August 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: A844083D-0239-4A42-A20F-C2A2BCC583A0
BEGINNING ENDING
DESCRIPTION BALANCE RECEIPTS DISBURSEMENTS BALANCE
Balance Per Bank - Bank of America $ 7,077,731.82 $ 57,380,540.55 $ 58,109,922.44 $ 6,348,349.93 Deposits in Transit 1,092,076.08 1,092,076.08 1,872,714.39 Outstanding Checks (2,214,681.15) 4,270,592.87 (4,270,592.87) Fiscal Agents 55,435,733.18 1,724,756.39 57,121,565.78
Developer Escrow Accounts 2,529,523.58
1,872,714.39
2,214,681.15
3,410,588.99
2,529,523.58
Investments
Chandler Investment- City Account 407,684,244.08 18,305,261.13 16,361,963.08 409,627,542.13 Chandler Investment -Pension Trust Fund 44,043,015.00 196,489.37 44,239,504.37 LAIF 36,439,871.73 17,000,000.00 25,200,000.00 28,239,871.73 Investments Subtotal 488,167,130.81 35,501,750.50 41,561,963.08 482,106,918.23 Unrealized Investment Gain (Loss)1
15,595,503.32 15,595,503.32
Change Fund 10,248.00 10,248.00
Returned Checks 3,533.13 24,294.33 25,390.17 2,437.29
Credit Card Reconciling Items- Fees (2,545.47) 2,545.47 2,678.99 (2,678.99) TOTAL $ 567,694,253.30 $ 100,407,115.38 $ 106,787,380.02 $ 561,313,988.66 * For informational purpose only
August 31, 2025
CITY OF CORONA
Receipts and Disbursements*
Docusign Envelope ID: A844083D-0239-4A42-A20F-C2A2BCC583A0
ENDING DEPOSITS OUTSTANDING MISCELLANEOUS RECONCILED
ACCOUNTS BANK BAL IN TRANSIT CHECKS RECONCILING ITEMS BALANCES LAIF $ 28,239,871.73 $ 28,239,871.73
Chandler Investment- City Account $ 409,627,542.13 $ 409,627,542.13 Chandler Investment -Pension Trust Fund $ 44,239,504.37 $ 44,239,504.37 Investment Total 482,106,918.23 482,106,918.23
General Account - Bank of America 5,876,022.88 17,333,810.75 (4,163,858.86) (241.70) 19,045,733.07 Worker's Comp Account - Bank of America 472,327.05 134,406.96 (106,734.01) 500,000.00 Fiscal Agent Accounts 57,121,565.78 57,121,565.78
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 $ 548,116,605.52 $ 17,468,217.71 $ (4,270,592.87) $ (241.70) $ 561,313,988.66 Subject to final audit
CITY OF CORONA
Cash and Investment Status Report
August 31, 2025
Docusign Envelope ID: A844083D-0239-4A42-A20F-C2A2BCC583A0 General Fund $ 185,585,599.41
Special Revenue Funds
Gas Tax 14,684,739.75
Measure A 17,891,432.93
Trip Reduction 2,227,038.66
Asset Forfeiture 416,777.29
Development 33,963,901.25
Residential Refuse/Recycling (33,097.29)
Landscape and Streetlight Maintenance 29,484,683.88
Other Grants and Endowments 12,195,671.52 110,831,147.99 Debt Service Funds
Public Financing Authority 698.67 698.67
Capital Project Funds
Housing/Community Development 1,179,559.74
Planned Local Drainage 309,886.39
Other Grants (2,137,867.00)
Public Facility Project (41,348.57)
Corona Housing Authority 22,626,379.00 21,936,609.56
Enterprise Funds
Water Utility 48,730,324.51
Water Reclamation Utility 59,371,580.67
Transit 1,045,986.33
Electric Utility 31,872,090.45
Airport 2,149,748.69 143,169,730.65
Internal Service Funds
Fleet Operations 1,845,446.02
Workers' Compensation 22,871,569.87
Liability Risk 2,833,319.07
Warehouse Services 1,142,099.56
Information Technology 9,281,126.29 37,973,560.81
Fiduciary Funds
AD & CFD Bond Funds 50,004,514.44
AB109 PACT -
Successor Agency 11,812,127.13 61,816,641.57
Total All Funds $ 561,313,988.66
Subject to final audit
CITY OF CORONA
Cash Balance By Fund
August 31, 2025
Docusign Envelope ID: A844083D-0239-4A42-A20F-C2A2BCC583A0
MARKET BOOK PERCENT OF
INVESTMENTS PAR VALUE VALUE VALUE PORTFOLIO
ABS 46,055,000.00 43,662,278.25 43,215,505.46 8.96%
Agency 17,200,000.00 17,201,004.08 17,147,060.00 3.56%
CMO 47,415,000.00 46,396,347.49 45,002,979.99 9.33%
Pension Trust 792,150.22 57,009,399.32 44,239,504.37 9.18% Receivable 783,182.09 783,182.09 783,182.09 0.16%
Corporate 104,022,000.00 104,508,834.74 102,704,386.14 21.30% LAIF 24,739,871.73 24,739,871.73 24,739,871.73 5.13%
Money Market Fund FI 10,513,504.75 10,513,504.75 10,513,504.75 2.18% Municipal Bonds 4,395,000.00 4,520,455.28 4,418,161.65 0.92% Supranational 21,690,000.00 21,634,764.67 21,544,534.65 4.47% US Treasury 168,620,000.00 169,984,873.16 167,798,227.40 34.81% TOTAL PORTFOLIO $ 446,225,708.79 500,954,515.56 $ 482,106,918.23 100.00% Subject to final audit
CITY OF CORONA
Investment Portfolio Report
August 31, 2025
Docusign Envelope ID: A844083D-0239-4A42-A20F-C2A2BCC583A0