ATTACHMENT A
CITY OF LANCASTER
MONTHLY REPORT OF INVESTMENTS
November 2024
Pooled Cash/Investments Interest Rate Amount Total
Citv of Lancaster
Wells Fargo Bank S8,387,752
City of Lancaster Account 0.00% $8,387,752
US Bank - Safekeeping (Insight) S37,879,957
US Treasury Notes 3.48% $19,541,915
Federal Government Agencies 2.89% $9,452,026
Corporate Securities .28% $7,676,49
Short Term Bills and Notes 0.00% S
Municipal/Provincial Bonds 5.13% S1,166,066
Cash & Equivalents 0.00% $43,455
Chase Bank S153,369
Certificate of Deposit 0.01% S153,369
California Class S47,059,287
City of Lancaster 4.83% $39,335,163
City of Lancaster -Enhanced Cash 4.81% S7,724,123
$1,543,050
Local Agency Investment Fund (L.A.I.F.) 4.48% S1,543,050 Total City of Lancaster $95.023,414
Successor Agency for the Lancaster Redevelopment Agency California CLASS $11,164,710
Successor Agency 4.83% $11,164,710
Local Agency Investment Fund (L.A.I.F.) 4.48% $468,020 $468,020 Total Lancaster Successor Agency $11,632,730
Total Pooled Portfolio S106,656,144
Weighted Average 3.557% 116,015,198
$9,359,054
Interest Rate Amount Total
River City Bank S13,060,786
City of Lancaster ICS Sweep Account 4.650% $11,131,597
Lancaster Choice Energy LockBox Account 0.00% 51,929,189 The Bank of New York Mellon Trust Company, N.A. S13,040,000 LRA & LA County Escrow Account - Government Bonds 0.00% S13,040,000 US Bank $48,626,062
LPA Solar Renewable Energy Issue of 2021 4.11% $3,752
SA Combined Project Areas Refunding Bonds 2015A & B 4.52% $8,253 SA Combined Project Areas Refunding Bonds 2016 A-1 & A-2 4.52% $16,250 SA Combined Project Areas Refunding Bonds 2016B 4.33% $1,481 LFA 2016 Assessment Revenue Bonds (Streetlights Acquisition) 4.52% $2,322 SA 2017 Tax Allocation Revenue Bonds (TARB) 4.52% $10,061 LFA LRB 2018 Construction and Improvements 4.52% $2,662,668 LFA LRB 2019 Street Improvements 4.52% $8,287,645
LFA LRB 2024 Stadium & Event Center Project 3.30% S37,633,629 Total Restricted Cash/Investments Held in Trust (note 4) S74,726,847 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
City of Lancaster
Recap of Securities Held
November 2024
Unrealized Gain Average Effective % Portfolio/ Average Market Historical Cost Amortized Cost Fair Value (Loss) Maturity (Days) Segment Duration (Years) Cash and Equivalents $68.819.642 $68,819,642 $68,819,642 $O 1 64.52% 0.00 Corporate Bonds 7,676,495.00 7,647,274.29 7,622,230.17 (S25,044) 379 7.20% 1.04 Government Agencies 9,452,026.19 9,443,249.16 9,455,250.96 $12,002 581 8.86% 1.59 Government Bonds 19,541,914.89 19,724,127.53 19,678,641.00 (S45,487) 787 18.32% 2.16 Municipal/Provincial Bonds 1,166,066.00 1,163,648.04 1,138,152.62 (S25,495) 1,736 1.09% 4.75 Short Term Bills and Notes $ $0 0 0.00% 0.00
S106,656,144 S106,797,941 S106,713,917 ($84,024) 581 100.00% 1.59 Chart Title
•Cash and Equivalents
•Corporate Bonds
1.09% •Government Agencies
18.32% -0.00% •Government Bonds
• Municipal/Provincial Bonds
• Short Term Bills and Notes
8.86% _
_ 64.52%
7.20%
Maturity Historical Cost Percent
Under 90 Days $ 72,065,448.72 67.57%
91 to 180 Days $ 3,151,825.00 2.96%
180 Days to 1 Year $ 5,835,192.30 5.47%
1 to 2 Years $ 10,795,641.90 10.12%
2 to 3 Years $ 7,412,287.08 6.95%
3 to 4 Years $ 6,229,683.00 5.84%
4 to 5 Years $ 1,166,066.00 1.09%
Over 5 Years 0.00%
$106,656,144.00 100.00%
Maturity Distribution
(Millions)
$80
$70
$60
$50
Historical Cost
$40
$30
$20
$10
Under 90 Days91 to 180 Days 180 Days to 1 1 to 2 Years 3 to 4 Years 4 to 5 Years Over 5 Years
ATTACHMENT A
CITY OF LANCASTER
MONTHLY REPORT OF INVESTMENTS
November 2024
(1) This is the actual City bank account balance as of 11/30/2024. It only reflects checks that have been presented for payment and deposits received by the bank.
The balance on deposit per the City books would reflect reductions for all checks and warrants issued and all deposits transmitted.
(2) This is the safekeeping account utilized for investing City funds pursuant to and consistent with the investment policy adopted on 02/13/2018. The current portfolio consists of treasury notes, government agencies, corporates, and CDs. (3) Pooled Portfolio:
% of Portfolio Policy Limit
Cash 7.91% None
CDs 0.14% 25% of total portfolio
Commercial Paper 0.00% 25% of total portfolio
US Treasury 18.32% None
Federal Securities 8.86% None
Corporate Securities 7.20% 30% of total portfolio
Municipal/Provincial 1.09% None
California CLASS 54.59% None
LAIF 1.89% None
(4) These are restricted cash and investments are held in trust by the banks indicated.
These amounts cannot be pooled for other investments.