TREASURER'S REPORT
CITY OF MENIFEE
MENIFEE CASH AND INVESTMENT PORTFOLIO
FINANCI As of May 31, 2024
CITY CASH
PERCENT
BEGINNING ENDING OF STATED
DEPOSITS WITHDRAWALS BALANCE MARKET VALUE CITY CASH RATE
INSTITUTION ACCOUNT TYPE BALANCE
6,171,505.08 $ 22,519,482.93 (26,523,824,22) $ 2,167,163.79 2,167,163.79 94.94% 0.00%
US BANK CHECKING
SAVINGS 47,B41.67 $ 3.64 47,845.31 $ 47,845.31 2.10% 0.09%
US BANK
37,543.30 55,291.33 55,291.33 2.42% 0.09%
US BANK ASSET FORFEITURE 12,30.00 $
CASH ON HAND 12,300.00 $ 12,300.00 12,300.00 0.54% 0.00%
CITY OF MENIFEE
TOTAL CITY CASH 6.249,394.78 S 22,557,029.87 $ (26.523,824.22) S 2,282,600.43 S 2,282,600.43 100%
CITY INVESTMENTS
PERCENT
BEGINNING ENDING OF AVG/STATED
INVESTMENT TYPE/CATEGORY BALANCE DEPOSITS WITHDRAWALS BALANCE MARKET VALUE CITY CASH RATE ISSUER
CAMP Pool/Short-Term $ 57,346,454.23 11,267,154.18 68,613,608.41 68,613,608.41 32.80% 5.43% LAIF Pool/Short -Term $ 11,250,317.08 $ $ 11,250,317.08 11,250,317.08 5.38% 4.332% PIPER SANDLER City Investments/Long-Term $ 68,656,109.93 $ 31,197.98 (68,687,307.91) $ 0.00% 1.988% CHANDLER ASSET MGMT City Investments/Long-Term $ 60,801,610.73 $ 90,884,200.48 (22,336,577.41) $ 129,349,233.80 $ 125,785,762.04 61.83% 4.208% TOTAL CITY INVESTMENTS S 198,054,491.97 $ 102,182,552.64 $ (91,023,885.32) $ 209,213,159.29 S 205,649,687.53 100.00% CASH & INVESTMENTS TOTAL S 204,303,886.75 S 124,739582.51 S (61.500,06110) S 211.495,759.72 S 7/191,872.97 INCREASE(DECREASE)
CASH HELD OUTSIDE OF CITY FUNDS
BEGINNING Average Vield for the
BALANCE DEPOSITS WITHDRAWALS ENDING BALANCE Month (Annualized) Wilmington Trust TRIP funds 42,832.84 $ 870,210.38 913,043.22 5.15% Wilmington Trust Streetlights funds 49,066.36 341,421.99 (4,582.20) S 385,906.15 5.24% Wilmington Trust CFD 2019-1 Meadow Run funds 964,614.12 3,923.90 968,538.02 5.15% Wilmington Trust CFD 2020-1 McCall Mesa funds 4,232,706.91 17,217.92 4,249,924.83 5.15% Wilmington Trust CFD 2020-2 Del Oro funds 273,309.09 $ 1,111.61 274,420.70 5.15% Wilmington Trust CFD 2021-1 Banner Park funds 5,549,134.91 22,573.43 5,571,708.34 5.15% Wilmington Trust CFD 2021-2 Sumac Ridge funds 4,233,953.12 17,223.12 (126,939.26) 4,124,236.98 5.15% Wilmington Trust CFD 2022-1 Quartz Ranch funds 5,119,206.61 $ 20,760.64 5,139,967.25 5.15% TOTAL CASH HELD BY TRUSTEE 20,464,823.96 $ 1,294,442.99 (131,521.46) 21,627,745.49 TOTAL CASH & INVESTMENTS INCLUDING CASH HELD BY TRUSTEE 233.123.505.21
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 Fire Safety 569,680.05 569,680.05
General Plan Update 565,041.05 565,041.05
Central Park Amphitheater $
223,872.00 223,872.00
Bradley Bridge
Future Community Center $
Nova CBP $
Encumbrances $ 22,118,758.76 973,297.19 1,231,054.63 21,861,001.32 on u on in
Technology Surcharge 187,501.61 187,501.61
Unassigned Funds: Reserved Cash Flow $ 9,005,884.00 $ $ 9,005,884.00 Sub-Total S 43.928,092.47 S 973,297.19 (1,231,054.63) S 43,670,335.03 TOTAL RESERVED BALANCES 65.218.007.03
TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS GENERAL FUND 9,057,183.23 TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS ALL OTHER FUNDS 137,220,569.46 RESERVE BALANCES & DAILY OPERATIONS TOTAL S 211,495,759.72 M In compliance with the California Code Section 53646, as the City Treasurer of the City of Menifee, 1 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 c Government Agency pooled inyestmi and bank balances. 7/2/24
Travis Hickey, City Treasurer
CASH HELD OUTSIDE OF CITY FUNDS
•• This amount does not include funds managed directly by Trustee, Wilmington Trust