Pooled Cash/Investments Interest Rate Amount Total
City of Lancaster
Wells Fargo Bank $17,379,882
City of Lancaster Account 0.00% $17,379,882
U S Bank - Safekeeping (Insight) $38,098,380
US Treasury Notes 3.56% $21,862,081
Federal Government Agencies 3.57% $8,261,619
Corporate Securities 3.48% $6,616,315
Short Term Bills and Notes 0.00% -$
Municipal/Provincial Bonds 5.13% $1,166,066
Cash & Equivalents 0.00% $192,298
Chase Bank $160,027
Certificate of Deposit 4.36% $160,027
California Class $44,563,253
City of Lancaster 4.41% $36,745,546
City of Lancaster -Enhanced Cash 4.41% $7,817,708
$1,579,854
Local Agency Investment Fund (L.A.I.F.) 4.33% $1,579,854 Total City of Lancaster $101,781,396
Successor Agency for the Lancaster Redevelopment Agency California CLASS $11,288,778
Successor Agency 4.41% $11,288,778
Local Agency Investment Fund (L.A.I.F.) 4.33% $473,463 $473,463 Total Lancaster Successor Agency $11,762,241
Total Pooled Portfolio $113,543,637
Weighted Average 3.146%
Interest Rate Amount Total
River City Bank $9,957,518
City of Lancaster ICS Sweep Account 4.600% $6,650,431
Lancaster Choice Energy LockBox Account 0.00% $3,307,087 US Bank $40,637,792
LPA Solar Renewable Energy Issue of 2021 3.83% $3,790
SA Combined Project Areas Refunding Bonds 2015A & B 4.25% $21,807 SA Combined Project Areas Refunding Bonds 2016 A-1 & A-2 4.25% $18,351 SA Combined Project Areas Refunding Bonds 2016B 4.25% $4,141 LFA 2016 Assessment Revenue Bonds (Streetlights Acquisition) 4.25% $161,788 SA 2017 Tax Allocation Revenue Bonds (TARB) 0.00% $1
LFA LRB 2018 Construction and Improvements 4.25% $2,692,506 LFA LRB 2019 Street Improvements 4.25% $7,455,163
LFA LRB 2024 Stadium & Event Center Project 3.05% $30,280,246 Total Restricted Cash/Investments Held in Trust (note 4) $50,595,310 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
February 2025
Historical Cost Amortized Cost Fair Value
Unrealized Gain
(Loss)
Average Effective
Maturity (Days)
% Portfolio/
Segment
Average Market
Duration (Years)
Cash and Equivalents $75,637,556 $75,637,556 $75,637,556 $0 1 66.62% 0.00 Corporate Bonds 6,616,315.00 6,650,661.17 6,650,025.44 ($636) 334 5.83% 0.92 Government Agencies 8,261,619.39 8,322,622.69 8,376,005.31 $53,383 740 7.28% 2.03 Government Bonds 21,862,080.96 22,068,895.74 22,132,431.51 $63,536 779 19.25% 2.13 Municipal/Provincial Bonds 1,166,066.00 1,160,300.10 1,138,144.92 (22,155.18) 1,646 1.03% 4.51 Short Term Bills and Notes -$ - - $0 0 0.00% 0.00 $113,543,637 $113,840,035 $113,934,163 $94,127 583 100.00% 1.60 City of Lancaster
Recap of Securities Held
February 2025
66.62%
5.83%
7.28%
19.25%
1.03%
0.00%
Investments Held as of 2.28.2025
Cash and Equivalents
Corporate Bonds
Government Agencies
Government Bonds
Municipal/Provincial Bonds
Short Term Bills and Notes
Maturity Historical Cost Percent
Under 90 Days 78,981,679.03$ 69.44%
91 to 180 Days 2,274,288.00$ 2.00%
180 Days to 1 Year 7,352,227.16$ 6.46%
1 to 2 Years 8,817,517.94$ 7.75%
2 to 3 Years 6,637,326.17$ 5.84%
3 to 4 Years 5,191,445.01$ 4.56%
4 to 5 Years 4,481,452.07$ 3.94%
Over 5 Years -$ 0.00%
113,735,935.38$ 100.00%
$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
Under 90 Days91 to 180 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
ATTACHMENT A
CITY OF LANCASTER
MONTHLY REPORT OF INVESTMENTS
February 2025
(1) This is the actual City bank account balance as of 02/28/2025. 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:
Policy Limit
Cash None
CDs 25% of total portfolio
Commercial Paper 25% of total portfolio
US Treasury None
Federal Securities None
Corporate Securities 30% of total portfolio
Municipal/Provincial None
California CLASS None
LAIF
% of Portfolio
15.48%
0.14%
0.00%
19.25%
7.28%
5.83%
1.03%
49.19%
1.81% None
(4) These are restricted cash and investments are held in trust by the banks indicated.
These amounts cannot be pooled for other investments.