ATTACHMENT A
NOVEMBER & DECEMBER
TREASURER'S REPORT
Interest Rate Amount Total
Pooled Cash/Investments
City of Lancaster
Wells Fargo Bank $17,641,178
City of Lancaster Account 0.00% $17,641,178
U S Bank - Safekeeping (Insight) $42,958,365
US Treasury Notes 3.03% $16,937,029
Federal Government Agencies 2.09% $9,903,486
Corporate Securities 3.00% $8,948,530
Short Term Bills and Notes 0.00% $0
Municipal/Provincial Bonds 0.46% $2,701,452
Cash & Equivalents 0.00% $4,467,868
Chase Bank $153,369
Certificate of Deposi
t 0.01% $153,369
California Class $32,176,220
City of Lancaster 5.51% $32,176,220
Local Agency Investment Fund (L.A.I.F.) 3.59% $13,067,034 $13,067,034 Total City of Lancaster $105,996,166
Successor Agency for the Lancaster Redevelopment Agency California CLASS 5.51% $20,607,426 $20,607,426
Local Agency Investment Fund (L.A.I.F.) 3.59% $448,038 $448,038 Total Successor Agency for the Lancaster Redevelopment Agency $21,055,463 Total Pooled Portfolio $127,051,629
Weighted Average 3.461%
Restricted Cash/Investments Held in Trust
River City Bank $13,847,182
City of Lancaster ICS Sweep Account 3.49% 10,957,781
Lancaster Choice Energy LockBox Account 0.00% $2,889,401 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 $41,223,285
LRA Combined 2004 Fire Protection Facilities Project Bonds 5.25% $1, 646,287 LRA Combined 2004 Sheriff Facilities Project Refunding Bonds 5.25% $3, 532,114 LPA Solar Renewable Energy Issue of 2021 0.01% $1,933,512 SA Combined Project Areas Refunding Bonds 2015A & B 0.04% $1,344,534 SA Combined Project Areas Refunding Bonds 2016 A-1 & A-2 0.01% $4,697,373 SA Combined Project Areas Refunding Bonds 2016B 4.33% $1,252,153 LFA 2016 Assessment Revenue Bonds (Streetlights Acquisition) 0.01% $987,171 SA 2017 Tax Allocation Revenue Bonds (TARB) 0.00% $5,523,688 LFA LRB 2018 Construction and Improvements 3.92% $3,383,785 LFA LRB 2019 Street Improvements 4.25% $16,922,668
Total Restricted Cash/Investments Held in Trust (note 4) $68,110,467 Cal Choice Energy Authority (CCEA)
Interest Rate Amount Total
JP Morgan/Chase $1,523,686
CCEA 1.65% $1,523,686
River City Bank $4,965,330
CCEA Cash Collateral Account 3.53% $2,089,033
CCEA Operating Account 0.00% $2,876,297
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
November 2023
Historical Cost Amortized Cost Fair Value
Unrealized Gain
(Loss)
Weighted
Average Effective
% Portfolio/
Segment
Weighted
Average Market
Cash and Equivalents $88,561,132 $88,561,132 $88,561,132 $0 1 69.70% 0.00 Corporate Bonds $8,948,530 $8,728,128 $8,525,019 ($203,109) 450 7.04% 1.15 Government Agencies $9,903,486 $9,869,406 $9,594,829 ($274,578) 625 7.79% 1.30 Government Bonds $16,937,029 $16,955,685 $16,663,275 ($292,410) 998 13.33% 2.52 Short Term Bills and Notes $0 $0 $0 $0 0 0.00% 0.00
Municipal/Provincial Bonds $2,701,452 $2,700,199 $2,623,865 ($76,334) 218 2.13% 0.58 $127,051,629 $126,814,550 $125,968,119 ($846,431) 645 100.00% 1.57 Recap of Securities Held
November 2023
City of Lancaster
69.70%7.04%
7.79%
13.33%
0.00%
2.13%
Portfolio Diversification
Cash and Equivalents
Corporate Bonds
Government Agencies
Government Bonds
Short Term Bills and Notes
Municipal/Provincial Bonds
City of Lancaster
Maturity Distribution
November 2023
Maturity Historical Cost Percent
Under 90 Days $90,071,844 70.89%
90 to 179 Days 90 180 $3,635,475 2.86%
180 Days to 1 Year 180 365 $5,933,256 4.67%
1 to 2 Years 365 730 $11,244,930 8.85%
2 to 3 Years 730 1095 $7,143,438 5.62%
3 to 4 Years 1095 1460 $5,022,837 3.95%
4 to 5 Years 1460 1825 $3,999,850 3.15%
Over 5 Years $0 0.00%
$127,051,629 100.00%
$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
Under 90 Days 90 to 179
Days
180 Days to 1
Year
1 to 2 Years 2 to 3 Years 3 to 4 Years 4 to 5 Years Over 5 Years Historical Cost
(Millions) Maturity Distribution
Interest Rate Amount Total
Pooled Cash/Investments
City of Lancaster
Wells Fargo Bank $29,723,341
City of Lancaster Account 0.00% $29,723,341
U S Bank - Safekeeping (Insight) $39,495,900
US Treasury Notes 3.03% $16,937,029
Federal Government Agencies 2.09% $9,903,486
Corporate Securities 3.00% $8,948,530
Short Term Bills and Notes 0.00% $0
Municipal/Provincial Bonds 0.46% $2,701,452
Cash & Equivalents 0.00% $1,005,403
Chase Bank $153,369
Certificate of Deposi
t 0.01% $153,369
California Class $32,374,966
City of Lancaster 5.51% $32,374,966
Local Agency Investment Fund (L.A.I.F.) 3.59% $13,067,034 $13,067,034 Total City of Lancaster $114,814,609
Successor Agency for the Lancaster Redevelopment Agency California CLASS 5.51% $20,657,112 $20,657,112
Local Agency Investment Fund (L.A.I.F.) 3.59% $448,038 $448,038 Total Successor Agency for the Lancaster Redevelopment Agency $21,105,150 Total Pooled Portfolio $135,919,759
Weighted Average 3.245%
Restricted Cash/Investments Held in Trust
River City Bank $15,138,058
City of Lancaster ICS Sweep Account 3.49% 11,993,062
Lancaster Choice Energy LockBox Account 0.00% $3,144,996 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 $37,847,650
LRA Combined 2004 Fire Protection Facilities Project Bonds 5.26% $853,884 LRA Combined 2004 Sheriff Facilities Project Refunding Bonds 5.26% $1, 819,840 LPA Solar Renewable Energy Issue of 2021 0.01% $1,933,527 SA Combined Project Areas Refunding Bonds 2015A & B 0.04% $1,344,583 SA Combined Project Areas Refunding Bonds 2016 A-1 & A-2 0.01% $4,697,420 SA Combined Project Areas Refunding Bonds 2016B 4.33% $1,252,158 LFA 2016 Assessment Revenue Bonds (Streetlights Acquisition) 0.01% $987,181 SA 2017 Tax Allocation Revenue Bonds (TARB) 0.00% $5,523,700 LFA LRB 2018 Construction and Improvements 3.25% $3,394,679 LFA LRB 2019 Street Improvements 4.20% $16,040,677
Total Restricted Cash/Investments Held in Trust (note 4) $66,025,708 Cal Choice Energy Authority (CCEA)
Interest Rate Amount Total
JP Morgan/Chase $1,525,684
CCEA 1.65% $1,525,684
River City Bank $4,497,316
CCEA Cash Collateral Account 3.53% $2,089,033
CCEA Operating Account 0.00% $2,408,282
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
December 2023
Historical Cost Amortized Cost Fair Value
Unrealized Gain
(Loss)
Weighted
Average Effective
% Portfolio/
Segment
Weighted
Average Market
Cash and Equivalents $97,429,262 $97,429,262 $97,429,262 $0 1 71.68% 0.00 Corporate Bonds $8,948,530 $8,725,553 $8,574,386 ($151,167) 421 6.58% 1.08 Government Agencies $9,903,486 $9,870,511 $9,672,604 ($197,908) 596 7.29% 1.15 Government Bonds $16,937,029 $16,961,070 $16,871,512 ($89,558) 969 12.46% 2.45 Short Term Bills and Notes $0 $0 $0 $0 0 0.00% 0.00
Municipal/Provincial Bonds $2,701,452 $2,700,166 $2,633,906 ($66,260) 189 1.99% 0.51 $135,919,759 $135,686,561 $135,181,670 ($504,892) 673 100.00% 1.62 City of Lancaster
Recap of Securities Held
December 2023
71.68%
6.58%
7.29%
12.46%
0.00%
1.99%
Portfolio Diversification
Cash and Equivalents
Corporate Bonds
Government Agencies
Government Bonds
Short Term Bills and Notes
Municipal/Provincial Bonds
City of Lancaster
Maturity Distribution
December 2023
Maturity Historical Cost Percent
Under 90 Days $100,139,974 73.68%
90 to 179 Days 90 180 $4,836,927 3.56%
180 Days to 1 Year 180 365 $4,731,804 3.48%
1 to 2 Years 365 730 $12,573,103 9.25%
2 to 3 Years 730 1095 $5,815,265 4.28%
3 to 4 Years 1095 1460 $4,814,989 3.54%
4 to 5 Years 1460 1825 $3,007,698 2.21%
Over 5 Years $0 0.00%
$135,919,759 100.00%
$0
$20
$40
$60
$80
$100
$120
Under 90 Days 90 to 179
Days
180 Days to 1
Year
1 to 2 Years 2 to 3 Years 3 to 4 Years 4 to 5 Years Over 5 Years Historical Cost
(Millions) Maturity Distribution