TREASURER'S REPORT
M CITY OF MENIFEE
MENIFEE CASH AND INVESTMENT PORTFOLIO
FINANCE As of September 30, 2023
CITY CASH
PERCENT
BEGINNING ENDING OF STATED
DEPOSITS WITHDRAWALS BALANCE MARKET VALUE CITY CASH RATE
INSTITUTION ACCOUNT TYPE BALANCE
CHECKING 7,292,220.87 $ 13,520,520.05 (14,136,346.06) $ 6,676,394.86 6,676,394.86 13.37% 0.00%
UNION BANK
UNION BANK 48,179,157.65 $ 43,601.78 (5,000,000.00) $ 43,222,759.43 43,222,759.43 86.57% 1.15%
SAVINGS
ASSET FORFEITURE 17,741.06 $ 0.72 17,741.78 17,741.78 0.04% 0,05%
UNION BANK A V
12,300.00 $ 12,300,00 12,300.00 0.02% 0.00%
CITY OF MENIFEE CASH ON HAND
TOTAL CITY CASH 55,501,419.58 S 13,564,122.55 S (19,136,346.06) S 49,929,196.07 S 49.929.196.07 100%
CITY INVESTMENTS
PERCENT
BEGINNING ENDING OF STATED
BALANCE DEPOSITS WITHDRAWALS BALANCE MARKET VALUE CITY CASH RATE
ISSUER INVESTMENT TYPE
$ 62,708,980.10 $ 62,708,980.10 $ 62,708,980.10 44.18% 3.534%
CALIFORNIA STATE LOCAL AGENCY INVESTMENT
TREASURER FUNDS (LAIF)
FEDERAL FARM CREDIT BANKS 8,977,500.00 $ 8,977,500.00 $ 8,146,850.00 6.33% 0.800% PIPER SANDLER $
$ 37,000,000.00 $ 37,000,000.00 $ 33,936,670.00 26.07% 0.821% (US BANK) FEDERAL HOME LOAN BANKS
US TREASURY 20,502,500.00 $ 20,502,500.00 $ 18,726,490.00 14.45% 1.480%
1.727,976.24 $ 36,278.68 1,764,254.92 S 1,764,254.92 1.24% 4.960%
MONEY MARKET
SUB-TOTAL 68.207.976.24 $ 36,278.68 68,244,254.92 S 62,574,264.92 48.08% AVG. RATE
3,937,031.45 317,775.10 (442,477.40) 3,812,329.15 $ 3,685,406.35 2.69% 2.896%
CHANDLER FEDERAL AGENCY FUNDS
$ 3,107,528.14 $ 386,514.07 (203,855.86) 3,290,186.35 3,189,000.45 2,32% 2.692%
ASSET MGMT US TREASURY NOTES
CORPORATE BONDS 3,881,403.07 (19,156.60) 3,862,246.47 3,737,216.20 2.72% 5.605% (UNION BANK)
MONEY MARKET 23,547.32 55,894.86 (71,990.40) 7,451.78 7,451.78 0.01% 5.200% 10,949,509.98 S 760,184.03 (737,480.26) 10,972,213.75 10,619,074.78 7.73%
SUB-TOTAL
TOTAL CITY INVESTMENTS $ 141,866,466.32 $ 796,462.71 (737,480.26) S 141,925,448.77 S135,902,319.80 100.00% CASH & INVESTMENTS TOTAL $ 197,367,885.90 $ 14,360,585.26 $ (19,873,826.32) S 191,854,644.84 S (5,513,241.06) INCREASE(DECREASE)
RESERVE BALANCES & DAILY OPERATIONS
BEGINNING ENDING
BALANCE DEPOSITS WITHDRAWALS BALANCE COMMENTS
TYPE PURPOSE
Committed Funds: Operating Reserve Stabilization 11,257,355.00 11,257,355.00 : и и
¡City Hall 4,750,000.00 4,750,000.00
Sub-Total 16,007,355.00 $ $ 16,007,355.00
Assigned Funds: Economic Uncertainty 11,257,355.00 $ 11,257,355.00 Fire Safety 391,735.33 $ 391,735.33
General Plan Update 565,041.05 565,041.05
Central Park Amphitheater 450,000.00 450,000.00
Bradley Bridge 223,872.00 223,872.00
Future Community Center 1,000,000.00 1,000,000.00
Nova CBP 5,540,317.00 $ 5,540,317.00
Encumbrances 19,518,671.21 572947011 20,328,551.65
1491958997)3 187,501.61
Technology Surcharge 187,501.61
9,005,884.00 $ $ 9,005,984.00
Unassigned Funds: Reserved Cash Flow
48,140,377.20 S 5,729,470.41 (4,919,589.97) S 48,950,257.64 Sub-Total
TOTAL RESERVED BALANCES 64.957,612.64
TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS GENERAL FUND 16.058.596.95 TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS ALL OTHER FUNDS S 110,838,435.25 RESERVE BALANCES & DAILY OPERATIONS TOTAL S 191,854,644.84 ** In compliance with the California Code Section 53646, as the City Treasurer of the City of Menifee, I hereby certify that sufficient investment liquidity and anticipated revenues are available to meet the City's expenditure requirements for the next six months and that all investments are in compliance with the City's adopted Investment Policy. I also certify that this report reflects all Government Agency pooled investments and bank balances. musi 11|8/23
Travis Hickey, City Treasurer *Date
NOTE: CASH HELD OUTSIDE OF CITY FUNDS
** This amount does not include Wilmington Trust TRIP Escrow funds in the amount of: 44,498.17 ** This amount does not include Wilmington Trust Streetlights Escrow funds in the amount of : 53,782.21 * This amount does not include Wilmington Trust CFD 2019-1 Meadow Run funds in the amount of: 884,542.63 ** This amount does not include Wilmington Trust CFD 2020-1 McCall Mesa funds in the amount of: 6,092,874.43 ** This amount does not include Wilmington Trust CFD 2021-1 Banner Park funds in the amount of : 7238 175.16 ** This amount does not include Wilmington Trust CFD 2022-1 Quartz Ranch funds in the amount of 11.401,133.20 ** This amount does not include Wilmington Trust CFD 2020-2 Del Oro funds in the amount of : 276,743.10 ** This amount does not include Wilmington Trust CFD 2021-2 Sumac Ridge funds in the amount of: 9,565,860.10