TREASURER'S REPORT
CITY OF MENIFEE
MENIFEE CASH AND INVESTMENT PORTFOLIO
FINANCE As of September 30, 2024
CITY CASH
PERCENT
BEGINNING ENDING OF STATED
INSTITUTION ACCOUNT TYPE BALANCE DEPOSITS WITHDRAWALS BALANCE MARKET VALUE CITY CASH RATE CHECKING 13,130,910.18 S (12,788,928.63) $ 4,808,781,88 $ 4,808,781.88 97.42% 0.00%
US BANK
SAVINGS 3.53 47,859.64 $ 47,859.64 0.97% 0.09%
US BANK nunn
US BANK ASSET FORFEITURE 55,303.82 12,005.28 67,309.10 $ 67,309.10 1.36% 0.09% CITY OF MENIFEE CASH ON HAND 12,300.00 12,300,00 $ 12,300.00 0.25% 0.00% TOTAL CITY CASH 4,582,260.26 S 13.142,918.99 S (12.788,928.63) 5 4,936,250.62 S 4,936,250.62 100.00%
CITY INVESTMENTS
PERCENT
OF AVG/STATED
BEGINNING DEPOSITS/ WITHDRAWALS/
ISSUER INVESTMENT TYPE/CATEGORY BALANCE PURCHASES SALES/MATURITIES ENDING BALANCE MARKET VALUE CITY CASH RATE CAMP Pool/Short-Term 84,379,513.88 355,746.57 $ (3,500,000.00) $ 81,235,260.45 $ 81,235,260.45 36.49% 5,290% LAIF Pool/Short -Term 11,376,869.39 11,376,869.39 $ 11,376,869.39 5.11% 4.575% CHANDLER ASSET MGMT City Investments/Long-Term $ 129,812,989.40 $ 8,946,509.40 $ (8,772,987.02) $ 129,986,511.78 $ 130,857,091.43 58.40% 3.0622% TOTAL CITY INVESTMENTS $ 225,569,372.67 $ 9,302,255.97 S (12,272,987.02) S 222,598,641.62 S 223,469,221.27 100.00% CASH & INVESTMENTS TOTAL $ 230.151,632.93 S 2345.174.96 S25.061,915.65 S 227,534,892.24 (2,616,740,69) INCREASE(DECREASE)
CASH HELD OUTSIDE OF CITY FUNDS
BEGINNING Average Vield for the
BALANCE DEPOSITS WITHDRAWALS ENDING BALANCE Month (Annualized) Wilmington Trust TRIP funds 38,224.79 $ 170.86 38,395.65 4.36% Wilmington Trust Streetlights funds 63,233.76 270.76 (4,582.Z0) 58,922.32 4.76% Wilmington Trust CFD 2019-1 Meadow Run funds 369,605.46 1,776.14 (76,125.00) 295,256.60 4.33% Wilmington Trust CFD 2020-1 McCall Mesa funds 2,310,484.08 31,726.17 (419,355.72) 1,922,854.53 4.33% Wilmington Trust CFD 2020-2 Del Oro funds 308,295.42 1,254.07 (71,209.38) 238,340.11 4.82% Wilmington Trust CFD 2021-1 Banner Park funds 5,880,514.26 36,465.41 (324,467.61) 5,592,512.06 4.33% Wilmington Trust CFD 2021-2 Sumac Ridge funds 4,365,327.05 41,139.73 (273,644.71) 4,132,822.07 4.33% Wilmington Trust CFD 2022-1 Quartz Ranch funds 5,485,544.33 9,977,123.97 (527,364.64) 14,935,303.66 4.33% TOTAL CASH HELD BY TRUSTEE 18,821,229.15 S 10,089,927.11 (1,696,749.26) S 27,214,407.00 TOTAL CASH & INVESTMENTS INCLUDING CASH HELD BY TRUSTEE 254,749,299.24
RESERVE BALANCES & DAILY OPERATIONS
BEGINNING ENDING
TYPE PURPOSE BALANCE DEPOSITS WITHDRAWALS BALANCE
Committed Funds: Operating Reserve Stabilization 14,187,139.00 14,187,139.00 City Hall 4,750,000.00 $ 4,750,000.00
McCall Blvd Proj Improvments $ 5,540,317.00 5,540,317.00 Public Facilities 2,000,000.00 $ 2,000,000.00
Sub-Total 26,477.456.00 S 26,477,456.00
Assigned Funds: Economic Uncertainty 14,187,139.00 14,187,139.00 Fire Safety 569,680.05 569,680.05
Rockport Ranch Mitigation 80,930.24 80,930.24
General Plan Update 934,463.02 934,463.02
Bradley Bridge 223,872.00 223,872.00
Encumbrances* 20,311,469.83 $ 1,089,185.87 13,435,563.89 Technology Surcharge 442,660.37 442,660.37
Unassigned Funds: Reserved Cash Flow $ 9,458,093.00 $ 9,458,093.00 Sub-Total 46,208,307.51 S 1,089,185.87 39,332.401.57
S (7.965,091.81) $
TOTAL RESERVED BALANCES 65,809,857.57
TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS (All Funds)* 161,725,034.67 * Prelíminary encumbrance numbers pending final year end close of FY2023/24 encumbrances. ** Reflects combined balance available for all funds. General Fund, including Quality of Life measuro, balance as of 7/1/2024 was 59,057.183.23.
RESERVE BALANCES & DAILY OPERATIONS TOTAL S 227,534.892.21 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 overnment Agency pooled investmen s and bank balances. simsity 11/15/24
Travis Hickey, City Treasurer Date