TREASURER'S REPORT
CITY OF MENIFEE
MENIFEE CASH AND INVESTMENT PORTFOLIO
FINANCE As of June 30, 2024
CITY CASH
PERCENT
BEGINNING ENDING OF STATED
ACCOUNT TYPE BALANCE DEPOSITS WITHDRAWALS BALANCE MARKET VALUE CITY CASH RATE
INSTITUTION
US BANK 2,167,163.79 $ 19,939,653.9 (19,703,113.81) 2,403,703.93 2,403,703.93 95.42% 0.00%
CHECKING
US BANK SAVINGS 7,845.31 3.52 47,848.83 $ 47,848.83 1.90% 0.09% US BANK ASSET FORFEITURE 55,291.33 S 4.07 55,295.40 55,295.40 2.20% 0.09% CITY OF MENIFEE CASH ON HAND 12,300.00 S $ 12,300.00 12,300.00 0.49% 0.00% TOTAL CITY CASH 2.282,600.43 S 19,939,661.54 S (19,703,113.81) S 2,519,148.16 S 2.519.148.16 100.00%
CITY INVESTMENTS
PERCENT
OF AVG/STATED
BEGINNING DEPOSITS/ WITHDRAWALS/ ENDING
ISSUER INVESTMENT TYPE/CATEGORY BALANCE PURCHASES SALES/MATURITIES BALANCE MARKET VALUE CITY CASH RATE CAMP 77,125,117.40 $ 77,125,117.40 35.46% 5.430%
ool/Short -Ter $ 14,553,07.08 $ 8,511508.99
LAIF ool/Sh 11,250,317.08 $ 11,250,317.08 5.17% 4,480%
CHANDLER ASSET MGMT City Investments/Long Term $ 129,349,233.80 $ 15,690,476.34 (15,938,148,96) S 129,101,561.18 $ 126,369,305.46 59.36% 4.208% TOTAL CITY INVESTMENTS $ 209,213,159.29 $ 24,201,985.33 -5 15.938,148.96 $ 217,476,995.66 $ 214,744.739.94 100.00% CASH & INVESTMENTS TOTAL S 211,495,759.72 S44,141,646.87 S 3764,964.85 S 219.996,143.82 S8,500,38410 INCREASE(DECREASE)
CASH HELD OUTSIDE OF CITY FUNDS
BEGINNING ENDING Average Yleld for the
BALANCE DEPOSITS WITHDRAWALS BALANCE Month (Annualized) 913,043.22 3,140.25 (878,511.07) 37,672.40 4,83%
Wilmington Trust TRIP funds
385,906.15 242.08 (309,383.69) 76,764.54 4.92%
Wilmington Trust Streetlights funds
Wilmington Trust CFD 2019-1 Meadow Run funds 968,538.02 4,075.52 972,613.54 4.82% Wilmington Trust CFD 2020-1 McCall Mesa funds 4,249,924.83 17,883.15 4,267,807.98 4.82% Wilmington Trust CFD 2020-2 Del Oro funds 274,420.70 1,154.66 275,575.36 4.82% Wilmington Trust CFD 2021-1 Banner Park funds $ 5,571,708.34 23,445.52 5,595,153.86 4.82% Wilmington Trust CFD 2021-2 Sumac Ridge funds 4,124,236.98 17,750.40 4,141,987.38 4.82% Wilmington Trust CFD 2022-1 Quartz Ranch funds 5,139,967.25 21,628,78 5,161,596.03 4.82% TOTAL CASH HELD BY TRUSTEE 21,627,745.49 89,320.36 -S 1,187,894.76 20,529,171.09 TOTAL CASH & INVESTMENTS INCLUDING CASH HELD BY TRUSTEE $ 240,525,314.91
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 S 569,680.05
General Plan Update 565,041.05 565,041.05
Bradley Bridge 223,872.00
Encumbrances $ 21,861,001.32 11280.51 1 206770430 (2207.28131)3 21,120,954.89 Technology Surcharge 187,501.61
Unassigned Funds: Reserved Cash Flow $ 9,005,884.00 $ $ $ 9,005,884.00 Sub-Total S 43,670,335.03 $ 1,067,784.88 S (1,807,831.31) S 42,930,288.60 TOTAL RESERVED BALANCES 64,477,960.60
TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS GENERAL FUND 9.057.183.23 TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS ALL OTHER FUNDS S 146,460,999.99 RESERVE BALANCES & DAILY OPERATIONS TOTAL S 219,996,143.82 ** 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 certifi that this report reflects all Gov ment Agency pooled investme and bank balances. 8/14/24
Travis Hickey, City Treasurer