TREASURER'S REPORT
CITY OF MENIFEE
MENIFEE CASH AND INVESTMENT PORTFOLIO
FINANCE
As of January 31, 2024
CITY CASH
PERCENT
BEGINNING ENDING OF STATED
INSTITUTION ACCOUNT TYPE BALANCE DEPOSITS WITHDRAWALS BALANCE MARKET VALUE CITY CASH RATE US BANK CHECKING 54,116,413.95 $ (57,085,322,41) $ 9,450,915.88 $ 9,450,915.88 48.40% 0,00% US BANK SAVINGS unusua 10,019,336.92 (35,300,000.00) $ 10,045,955.61 $ 10,045,955.61 51.45% 1.15% US BANK ASSET FORFEITURE 17,744.00 0.75 17,744.75 17,744.75 0.09% 0.05% CITY OF MENIFEE CASH ON HAND 12,300.00 12,300.00 $ 12,300.00 0.06% 0.00% TOTAL CITY CASH 47.776,487.03 S 64,135,751.62 $ (92,385.322.41) S 19,526,916.24 $ 19.526,916.24 100%
CITY INVESTMENTS
PERCENT
BEGINNING ENDING OF STATED
ISSUER INVESTMENT TYPE BALANCE DEPOSITS WITHDRAWALS BALANCE MARKET VALUE CITY CASH RATE CA ASSET MANAGEMENT $ $ 35,374,706.43 35,374,706.43 $ 35,374,706.43 19.78% 5.54%
PROGRAM
CALIFORNIA STATE LOCAL AGENCY INVESTMENT 63,274,464.48 $ 635,665.03 $ 63,910,129.51 $ 63,910,129.51 35.73% 4.012% TREASURER FUNDS (LAIF) • LA VA LA
PIPER SANDLER FEDERAL FARM CREDIT BANKS 8,977,500.00 : и 4A 8,977,500.00 $ 8,394,270.00 5.02% 0.780% (US BANK) FEDERAL HOME LOAN BANKS 10-000 37,000,000.00 $ 34,918,560.00 20.69% 0.796% US TREASURY 20,502,500.00 20,502,500.00 19,144,990.00 11.46% 1.448% MONEY MARKET 1,932,320.46 S 98,100.15 2,030,420.61 2,030,420.61 1.14% 4.950% SUB-TOTAL 68,412,320.46 $ 98,100.15 68,510,420.61 S 64,488,240.61 38.30% AVG. RATE
CHANDLER FEDERAL AGENCY FUNDS 3,950,575.35 $ $ (83,571.96) $ 3,867,003.39 3,834,272.21 2.16% 2.824% ASSET MGMT US TREASURY NOTES 3,135,378.73 $ 282,302.73 (66,470.12) 3,351,211.34 3,344,821.70 1.87% 2.721% (US BANK) CORPORATE BONDS $ 3,918,414.08 $ (86,195.01) $ 3,832,219.07 3,803,956.33 2.14% 5.696% MONEY MARKET 36,802.33 128,498.34 (139,986.87) 25,313.80 $ 25,313.80 0.01% 5.210% SUB-TOTAL 11,041,170.49 S 410,801.07 (376,223.96) $ 11,075,747.60 11,008,364.04 6.19% TOTAL CITY INVESTMENTS $ 142,727,955.43 $ 36,519,272.68 (376,223.96) $ 178.871.004.15 $ 174,781,440.59 100.00% CASH & INVESTMENTS TOTAL S 190,504442.46 S 100,655,021.30 S (92,761,546.37) S 198,397,920.39 $ 7,893,477.93 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 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 22,051,639.80 3,725,641.40 (2,874,200.16) 22,903,081.04 Technology Surcharge 187,501.61 187,501.61
Unassigned Funds: Reserved Cash Flow 9,005,884.00 $ 9,005,884.00 Sub-Total $ 50,673,345.79 $ 3,725,641.40 (4,324,200.16) S 50,074.787.03 TOTAL RESERVED BALANCES 66,082,142.03
TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS GENERAL FUND 8.475.492.23 TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS ALL OTHER FUNDS 123.840.286.13 RESERVE BALANCES & DAILY OPERATIONS TOTAL $ 198,397,920.39 ** 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 Gou rament Agency pooled investmer and bank balances. simAiva 3/5/24
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: 42,306.77 ** This amount does not include Wilmington Trust Streetlights Escrow funds in the amount of: 62.015.36 ** This amount does not include Wilmington Trust CFD 2019-1 Meadow Run funds in the amount of: 948,552.49 ** This amount does not include Wilmington Trust CFD 2020-1 McCall Mesa funds in the amount of : 4.102.474.41 * This amount does not include Wilmington Trust CFD 2021-1 Banner Park funds in the amount of : 5,459,576.33 • This amount does not include Wilmington Trust FD 2022-1 Quartz Ranch funds in the amount of : 5.094.958.85 ** This amount does not include Wilmington Trust CFD 2020-2 Del Oro funds in the amount of : 273.942.66 ** This amount does not include Wilmington Trust CFD 2021-2 Sumac Ridge funds in the amount of : 4.214.874.89