TREASURER'S REPORT
M CITY OF MENIFEE
MENIFEE CASH AND INVESTMENT PORTFOLIO
FINANCE As of November 30, 2023
CITY CASH
PERCENT
BEGINNING ENDING OF STATED
BALANCE DEPOSITS WITHDRAWALS BALANCE MARKET VALUE CITY CASH RATE
INSTITUTION ACCOUNT TYPE
UNION BANK 9,848,494.20 $ 9,346,385.96 (10,406,632.95) 8,788,247.21 8,788,247.21 19.92% 0.00%
CHECKING
UNION BANK SAVINGS us un in 35,259,379.37 $ 33,052.51 35,292,431.88 35,292,431.88 80.01% 1.15% UNION BANK ASSET FORFEITURE 17,742.53 $ 0.72 17,743.25 $ 17,743.25 0.04% 0.05% CITY OF MENIFEE CASH ON HAND 12,300.00 $ 12,300.00 12,300.00 0.03% 0.00% TOTAL CITY CASH 45,137.916.10 S 9,379.439.19 S S 44,110,722.34 S 44,110,722.34 100%
CITY INVESTMENTS
PERCENT
BEGINNING ENDING OF STATED
ISSUER INVESTMENT TYPE BALANCE DEPOSITS WITHDRAWALS BALANCE MARKET VALUE CITY CASH RATE CALIFORNIA STATE LOCAL AGENCY INVESTMENT $ 63,274,464.48 $ 63,274,464.48 $ 63,274,464.48 44.36% 3.843%
TREASURER FUNDS (LAIF)
FEDERAL FARM CREDIT BANKS $ 8,977,500.00 8,977,500,00 8,286,900.00 6.29% 0.785%
PIPER SANDLER
(US BANK) FEDERAL HOME LOAN BANKS $ 37,000,000.00 37,000,000.00 34,411,600.00 25.94% 0.809% US TREASURY 20,502,500.00 $ 20,502,500.00 18,922,520.00 14.37% 1.465% MONEY MARKET 1,833,308.84 S 29,593.53 $ 1,862,902.37 S 1,862,902.37 1.31% 4.978% SUB-TOTAL 68,313,308.84 29,593.53 68,342,902.37 63,483.922.37 47.92% AVG. RATE
CHANDLER FEDERAL AGENCY FUNDS $ 3,926,256.24 $ (110.38) 3,926,145.86 3,838,155.71 2.75% 2.854% ASSET MGMT US TREASURY NOTES $ 3,213,703.93 (78,325.20) 3,135,378.73 3,078,577.50 2.20% 2.668% (UNION BANK) CORPORATE BONDS 3,844,646.42 112,706.40 (19,114.13) $ 3,938,238.69 3,857,722.21 2.76% 5.656% MONEY MARKET 15,925.87. $ 112,794.46 (113,445.98) 15,274.35 15,274.35 0.01% 5.240% SUB-TOTAL $ 11,000,532.46 225,500.86 (210,995.69) $ 11,015,037.63 10,789,729.77 7.72% TOTAL CITY INVESTMENTS 142,588,305.78 S 255,094.39 (210,995.69) S 142,632,404.48 $ 137,548,116.62 100.00% CASH & INVESTMENTS TOTAL $ 187,726,221.88 $ 9,634,533.58 $ (10,617,628.64) S 186,743,126.82 S (983,095.06) INCREASE (DECREASE)
RESERVE BALANCES & DAILY OPERATIONS
BEGINNING ENDING
TYPE PURPOSE BALANCE DEPOSITS WITHDRAWALS BALANCE COMMENTS Committed Funds: Operating Reserve Stabilization 11,257,355.00 $ 11,257,355.00 in u
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 22,334,988.82 517,161.75 135373393 21,258,407.18 Technology Surcharge 187,501.61 $ 187,501.61
Unassigned Funds: Reserved Cash Flow $ 9,005,884.00 S $ 9,005,884.00 Sub-Total 50,956,694.81 $ 517,161.75 49,880,113.17
(159, 74339) $ 65,887.468.17
TOTAL RESERVED BALANCES
TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS GENERAL FUND 8,993,681.29 TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS ALL OTHER FUNDS 111,861,971.36 RESERVE BALANCES & DAILY OPERATIONS TOTAL S 186,743,126.82 ** 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 Gove mment Agency pooled investments and bank balances. simAna 1/11|2024
Travis Hickey, City Treasurer
NOTE: CASH HELD OUTSIDE OF CITY FUNDS
** This amount does not include Wilmington Trust TRIP Escrow funds in the amount of: 239,973.01 *• This amount does not include Wilmington Trust Streetlights Escrow funds in the amount of : 40,484.67 ** This amount does not include Wilmington Trust CFD 2019-1 Meadow Run funds in the amount of : 891,920.86 ** This amount does not include Wilmington Trust CFD 2020-1 McCall Mesa funds in the amount of : 6.043.957.97 *• This amount does not include Wilmington Trust CFD 2021-1 Banner Park funds in the amount of : 7,307,174.82 ** This amount does not include Wilmington Trust CFD Quartz Quartz Ranch funds in the amount of: 5.634.957.59 *• This amount does not include Wilmington Trust CFD 2020-2 Del Oro funds in the amount of : 235,157.61 *• This amount does not include Wilmington Trust CFD 2021-2 Sumac Ridge funds In the amount of: 4,501,718.11