CITY OF FORTUNA
Treasurer's Report
As of September 30, 2023
% of Effective
INSTITUTION COST VALUE MARKET VALUE Total Yield
Local Agency Investment Fund (LAIF) $ 22,836,768 $ 22,524,081 62.86% 3.59% Treasury Obligation Sweep - US Bank 4,502,047 4,502,047 12.56% 4.95% Edward Jones - US Bank Trust 8,863,000 8,584,389 23.96% 3.38% Total Investments $ 36,201,815 $ 35,610,517
US Bank, General Checking $ 142,855 $ 142,855 0.40%
US Bank, Payroll Checking 78,649 78,649 0.22%
Petty Cash/Cashier's Change 1,595 1,595 0.00%
Total Cash with Banks* $ 223,099 $ 223,099 0.62%
TOTAL INVESTMENT & CASH EQUIVALENTS $ 36,424,914 $ 35,833,616 100.00% Respectfully submitted,
Aaron Felmlee
Treasurer
City of Fortuna
The LAIF, Treasury Obligation Sweep/US Bank, and Edward Jones/US Bank investment statements detailing all investment transactions and balances are on file in the Finance Department and available upon request. *Cash with Bank is shown based upon reconciled book balance.
This report accurately reflects all cash and investments and is in conformity with California Government Code Section 53646 and City of Fortuna's investment policy. The investment program shown herein is sufficient to meet City of Fortuna's expenditure requirement over the next six months.