TREASURER'S REPORT
CITY OF MENIFEE
MENIFEE CASH AND INVESTMENT PORTFOLIO
FINANCE As of July 31, 2024
CITY CASH
PERCENT
BEGINNING ENDING OF STATED
INSTITUTION ACCOUNT TYPE BALANCE DEPOSITS WITHDRAWALS BALANCE MARKET VALUE CITY CASH RATE US BANK CHECKING 2,403,703.93 $ 18,402,894,95 (15,671,531,52)S 5,135,067.36 5,135,067.36 97.80% 0.00% US BANK SAVINGS 47,848.83 $ 3.64 47,852.47 47,852.47 0.91% 0.09% US BANK ASSET FORFEITURE an uninn 55,295.40 4,21 : 55,299.61 55,299.61 1.05% 0.09% CITY OF MENIFEE CASH ON HAND 12,300.00 $ 12,300.00 $ 12,300.00 0.23% 0.00% TOTAL CITY CASH 2,519.148.16 S 18.402.902.80 S (15,671.531.52) S 5,250,519.44 $ 5,250,519.44 100.00%
CITY INVESTMENTS
PERCENT
OF AVG/STATED
BEGINNING DEPOSITS/ WITHDRAWALS/
PURCHASES SALES/MATURITIES ENDING BALANCE MARKET VALUE CITY CASH RATE
ISSUER INVESTMENT TYPE/CATEGORY BALANCE
$ 77,125,117.40 9,358,567.78 86,483,685.18 $ 86,483,685.18 38.05% 5.430% CAMP Pool/Short-Term 11,250,317.08 $
LAIF Pool/Short -Term 126,552.31 11,376,869.39 $ 11,376,869.39 5.01% 4.516% VA tA 128,337,528.17 56.95% 4.208%
CHANDLER ASSET MGMT City Investments/Long-Term 129,101,561.18 $ 4,460,086.87 $ (4,113,027.56) $ 129,448,620.49 $ TOTAL, CITY INVESTMENTS $ 217.476,995.66 $ 13,945,206.96 $ (4,113,027.56) S 227,309.175.06 $ 226,198.082.74 100,00% CASH & INVESTMENTS TOTAL S 219,996,143.82 S 32,348,109.76 S (19/784,559.08) 5 232,550,694.50 S 12,563.550.68INCREASE(DECREASE)
CASH HELD OUTSIDE OF CITY FUNDS
BEGINNING Average Yield for the
BALANCE DEPOSITS WITHDRAWALS ENDING BALANCE Month (Annualized) Wilmington Trust TRIP funds 37,672.40 392.02 38,064.42 5.16% Wilmington Trust Streetlights funds 76,764.54 404.79 (14,246.60) 62,922.73 5.26% 972,613.54 3,962.17 (575,591.21) 400,984.50 5.14%
Wilmington Trust CFD 2019-1 Meadow Run funds
Wilmington Trust CFD 2020-1 McCall Mesa funds 4,267,807.98 17,385.34 4,285,193.32 5.14% Wilmington Trust CFD 2020-2 Del Oro funds 275,575.36 1,122.39 276,697.75 5.14% Wilmington Trust CFD 2021-1 Banner Park funds 5,595,153.86 22,792.82 5,617,946.68 5.14% Wilmington Trust CFD 2021-2 Sumac Ridge funds 4,141,987.38 $ 16,872.85 4,158,860.23 5.14% Wilmington Trust CFD 2022-1 Quartz Ranch funds 5.161,596.03 21,026.48 5,182,622.51 5.14% TOTAL CASH HELD BY TRUSTEE 20,529,171.09 83.958.86 (589,837.81) S 20,023,292.14 TOTAL CASH & INVESTMENTS INCLUDING CASH HELD BY TRUSTEE 252,582,986.64
RESERVE BALANCES & DAILY OPERATIONS
BEGINNING ENDING
TYPE PURPOSE BALANCE DEPOSITS WITHDRAWALS BALANCE
Committed Funds: Operating Reserve Stabilization 11,257,355.00 2,929,784.00 14,187,139.00 City Hall 4,750,000.00 1A 4A MA 4.750,000.00
McCall Bivd Proj Improvments 5,540,317.00 5,540,317.00
Public Facilities 2,000,000.00 2,000,000.00
Sub-Total 21.547,672.00 4,929,784.00 26,477.456.00
Assigned Funds: Economic Uncertainty 11,257,355.00 2,929,784.00 14.187,139.00 и и 569,680.05
Fire Safety 569,680.05
Rockport Ranch Mitigation 80,930.24 80,930.24
General Plan Update 565,041.05 369,421.97 s $ 934,463.02 Bradley Bridge 223,872.00 $ 223,872.00
Encumbrances* 18,822,997.11 156,522.97 (275,908.79) 18,703.611.29 Technoloyy Surcharge 187,501.61 255.158.76 442,660.37
Unassigned Funds: Reserved Cash Flow 9,005,884.00 S 452.209.00 $ 9,458,093.00 Sub-Total 40.632,330.82 S 4.244.026.94 $ (275,908.79)S 44.600,448.97 TOTAL RESERVED BALANCES 71.077.904.97
TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS GENERAL FUND 9.057,183,23 TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS ALL OTHER FUNDS 152.424.606.30 • Preliminary encumbrance numbers pending final year end close of FY2023/24 encumbrances RESERVE BALANCES & DAILY OPERATIONS TOTAL 232,559,694.50 ** 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 Ge ment Agency pooled investment id bank balances. 9/13/24
Travis Hickey, City Treasurer Date