TREASURER'S REPORT
CITY OF MENIFEE
MENIFEE CASH AND INVESTMENT PORTFOLIO
FINANCE As of April 30, 2024
CITY CASH
PERCENT
ENDING OF STATED
BEGINNING
DEPOSITS WITHDRAWALS BALANCE MARKET VALUE CITY CASH RATE
INSTITUTION ACCOUNT TYPE BALANCE
63,480,057.91 (64,728,898,88) $ 6,171,505.08 6,171,505.08 98.75% 0.00% US BANK CHECKING 7,420,346.05 $
47,838.15 $ 3.52 $ 47,841.67 47,841.67 0.77% 1.15%
US BANK SAVINGS un on us is
1.30 17,748.03 17,748.03 0.28% 0.05%
US BANK ASSET FORFEITURE 12,300.00 $ 17,746.73
12,300.00 $ 12,300.00 0.20% 0.00%
CITY OF MENIFEE CASH ON HAND
TOTAL CITY CASH 7,498,230.93 S 63,480,062.73 S (64,728,898.88) S 6,249,394.78 S 6,249.394.78 100%
CITY INVESTMENTS
PERCENT
ENDING OF AVG/STATED
BEGINNING
BALANCE MARKET VALUE CITY CASH RATE
ISSUER INVESTMENT TYPE/CATEGORY BALANCE DEPOSITS WITHDRAWALS 6,614,786.14 (50,000,000.00) $ 57,346,454.23 57,346,454.23 28.95% 5.44% CAMP Pool/Short-Term § 10,73012901 $ 4.272%
Pool/Short-Term 10,910,129.51 340,187.57 $ $ 11,250,317.08 $ 11,250,317.08 5.68% LAIF
68,585,439.26 $ 70,670.67 $ 68,656,109.93 $ 64,528,359.93 34.67% 1.988% PIPER SANDLER y Investments/Long-Tel
ANDLER ASSET MGMT City Investments/Long-Te $ 11,129,604.75 S 49,692,773.61 $ (20,767.63) $ 60,801,610.73 $ 60,494,946.30 30.70% 4.208% TOTAL CITY INVESTMENTS S 191,356,841.61 $ 56.718,417.99 $ (50,020,767.63) $ 198.054.491.97 $ 193,620,077.54 100.00% CASH & INVESTMENTS TOTAL S 198,855.072.54 S 720,198.480,72 S 14.708,131.25 S 204,303,886.75 S 5,148,814.21 INCREASE(DECREASE)
CASH HELD OUTSIDE OF CITY FUNDS
BEGINNING Average Yield for the
BALANCE DEPOSITS WITHDRAWALS ENDING BALANCE Month (Annualized) Wilmington Trust TRIP funds 42,653.14 179.70 42,832.84 4.83% Wilmington Trust Streetlights funds 62,545.79 267.17 (13,746.60) 49,066.36 4.89% 960,550.07 4,064.05 964,614.12 4.81%
Wilmington Trust CFD 2019-1 Meadow Run funds
Wilmington Trust CFD 2020-1 McCall Mesa funds 4,214,960.07 17,746.84 4,232,706.91 4.81% 272,138.98 1,170.11 273,309.09 4.81%
Wilmington Trust CFD 2020-2 Del Oro funds
5,525,876.33 23,258.58 5,549,134.91 4.81%
Wilmington Trust CFD 2021-1 Banner Park funds
Wilmington Trust CFD 2021-2 Sumac Ridge funds 4,216,201.87 17,751.25 4,233,953.12 4.81% Wilmington Trust CFD 2022-1 Quartz Ranch funds 5,097,787.56 21,419.05 5,119,206.61 4.81% TOTAL CASH HELD BY TRUSTEE 20,392,713.81 $ 85,856.75 (13,746.60) $ 20.464,823.96 TOTAL CASH & INVESTMENTS INCLUDING CASH HELD BY TRUSTEE 224,768,710.71
RESERVE BALANCES & DAILY OPERATIONS
BEGINNING ENDING
TYPE PURPOSE BALANCE DEPOSITS WITHDRAWALS BALANCE
Committed Funds: Operating Reserve Stabilization 11,257,355.00 $ 11,257,355.00 City Hall 4,750,000.00 $ 4,750,000.00
McCall Blvd Proj Improvments 5,540,317.00 $ 5,540,317.00 Sub-Total 21,547,672.00 21,547,672.00
Assigned Funds: Economic Uncertainty 11,257,355.00 $ 11,257,355.00 391,735.33 177,944.72 569,680.05
Pire Safety
General Plan Update 565,041.05 565,041.05
Central Park Amphitheater $
Bradley Bridge 223,872.00 223,872.00
Future Community Center
Nova CBP
Encumbrances nunn 22,914,818.25 828,990.85 (1,626,050.34) 22,117,758.76 187,501.61 s 187.501.61
Technology Surcharge
Unassigned Funds: Reserved Cash Flow $ 9,005,884.00 $ 9,005,884.00 Sub-Total $ 44,546,207.24 S 1,006,935.57 $ (1.626,050.34) S 43.927.092.47 TOTAL RESERVED BALANCES 65.474,764.47
TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS GENERAL FUND 9.057.183.23 TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS ALL OTHER FUNDS 129.771.939.05 RESERVE BALANCES & DAILY OPERATIONS TOTAL IS 204,303,886.75 ** 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, 1 also certify that this report reflects all Gov ment Agency pooled investments and bank balances. 6/1/24
Travis Hickey, City Treasurer
CASH HELD OUTSIDE OF CITY FUNDS
** This amount does not include funds managed directly by Trustee, Wilmington Trust