DATE:
November 5, 2024
TO:
Mayor and Council Members
City Council, Serving as Successor Agency to the Hesperia Community Redevelopment Agency
Chair and Commissioners, Hesperia Housing Authority
Chair and Commissioners, Community Development Commission Chair and Board Members, Hesperia Water District
FROM:
Rachel Molina, City Manager
BY:
Casey Brooksher, Assistant City Manager
Anne Duke, Deputy Finance Director
Cristina Hall, Accountant
SUBJECT:
Treasurer’s Cash Report for the unaudited period ending July 31, 2024, and an updated Treasurer’s Cash Report for the unaudited period ended June 30, 2024.
RECOMMENDED ACTION
It is recommended that the Council/Board accept the Treasurer’s Cash Report for the City, Successor Agency to the Hesperia Community Redevelopment Agency, Hesperia Housing Authority, Community Development Commission, and Water District.
BACKGROUND
This report is presented to the City Council pursuant to Government Code Section 53646 (b) setting forth the City’s investment portfolio.
ISSUES/ANALYSIS
The Treasurer’s Cash Reports are presented on the following pages for each agency.
CITY GOAL SUPPORTED BY THIS ITEM
Financial Health – Maintain a balanced budget and adequate reserves.
FISCAL IMPACT
These reports reflect unaudited cash balances as of July 31, 2024, and an update to the June 30, 2024, Treasurer’s Report for additional entries made during the year-end closing process.
ALTERNATIVE(S)
Provide alternative direction to staff.
ATTACHMENT(S)
City of Hesperia Investment Report – Unaudited Period Ending July 31, 2024.
Successor Agency to the Hesperia Community Redevelopment Agency Investment Report – Unaudited Period Ending July 31, 2024.
Hesperia Housing Authority Investment Report – Unaudited Period Ending July 31, 2024.
Community Development Commission Investment Report - Unaudited Period Ending July 31, 2024.
Hesperia Water District Investment Report - Unaudited Period Ending July 31, 2024.
City of Hesperia Investment Report – Revised Unaudited Period Ending June 30, 2024.
Successor Agency to the Hesperia Community Redevelopment Agency Investment Report – Revised Unaudited Period Ending June 30, 2024.
Hesperia Housing Authority Investment Report – Revised Unaudited Period Ending June 30, 2024.
Community Development Commission Investment Report – Revised Unaudited Period Ending June 30, 2024.
Hesperia Water District Investment Report – Revised Unaudited Period Ending June 30, 2024.
City of Hesperia STAFF REPORT City of Hesperia STAFF REPORT City of Hesperia
STAFF REPORT
City of Hesperia
STAFF REPORT
Staff Report to the Mayor and City Council/Board Members Treasurer’s Cash Report
November 5, 2024