Interest Rate Amount Total
Pooled Cash/Investments
City of Lancaster
Wells Fargo Bank $23,770,031
City of Lancaster Account 0.00% $23,770,031
U S Bank - Safekeeping $42,901,131
US Treasury Notes 2.93% $19,299,647
Federal Government Agencies 2.17% $10,872,956
Corporate Securities 3.04% $10,004,080
Short Term Bills and Notes 0.00% $0
Municipal/Provincial Bonds 0.46% $2,701,452
Cash & Equivalents 0.00% $22,996
Chase Bank $153,369
Certificate of Deposi
t 0.01% $153,369
California Class $31,788,716
City of Lancaster 5.48% $31,788,716
Local Agency Investment Fund (L.A.I.F.) 3.59% $12,883,447 $12,883,447 Total City of Lancaster $111,496,694
Successor Agency for the Lancaster Redevelopment Agency California CLASS 5.48% $20,510,550 $20,510,550
Local Agency Investment Fund (L.A.I.F.) 3.59% $444,034 $444,034 Total Successor Agency for the Lancaster Redevelopment Agency $20,954,583 Total Pooled Portfolio $132,451,278
Weighted Average 3.367%
Restricted Cash/Investments Held in Trust
River City Bank $21,757,551
City of Lancaster ICS Sweep Account 3.49% 8,904,182
Lancaster Choice Energy LockBox Account 0.00% $12,853,368 The Bank of New York Mellon Trust Company, N.A. $13,040,000 LRA & LA County Escrow Account - Government Bonds 0.00% $13,040,000 US Bank $38,656,138
LRA Combined 2004 Fire Protection Facilities Project Bonds 4.33% $858,091 LRA Combined 2004 Sheriff Facilities Project Refunding Bonds 4.33% $1,854,671 LPA Solar Renewable Energy Issue of 2021 1.31% $2,904,978 SA Combined Project Areas Refunding Bonds 2015A & B 0.04% $1,344,436 SA Combined Project Areas Refunding Bonds 2016 A-1 & A-2 0.01% $4,697,277 SA Combined Project Areas Refunding Bonds 2016B 4.33% $1,252,143 LFA 2016 Assessment Revenue Bonds (Streetlights Acquisition) 0.01% $986,699 SA 2017 Tax Allocation Revenue Bonds (TARB) 0.00% $5,523,664 LFA LRB 2018 Construction and Improvements 3.23% $3,361,340 LFA LRB 2019 Street Improvements 3.46% $15,872,840
Total Restricted Cash/Investments Held in Trust (note 4) $73,453,689 Cal Choice Energy Authority (CCEA)
Interest Rate Amount Total
JP Morgan/Chase $1,519,425
CCEA 1.65% $1,519,425
River City Bank $5,256,050
CCEA Cash Collateral Account 0.90% $2,077,101
CCEA Operating Account 0.00% $3,178,949
All investments are authorized pursuant to and consistent with the investment policy of the City of Lancaster. Policy adopted 02/13/18 under resolution number 18-06.
George N. Harris II
Finance Director
ATTACHMENT A
CITY OF LANCASTER
MONTHLY REPORT OF INVESTMENTS
September 2023