TREASURER'S REPORT
CITY OF MENIFEE
MENIFEE CASH AND INVESTMENT PORTFOLIO
As of October 31, 2024
CITY CASH
PERCENT
BEGINNING ENDING OF STATED
BALANCE DEPOSITS WITHDRAWALS BALANCE MARKET VALUE CITY CASH RATE
INSTITUTION ACCOUNT TYPE
US BANK 4,808,781.88 $ 16,166,822.42 (13,287,807.79) $ 7,687,796.51 $ 7,687,796.51 98.32% 0.00%
CHECKING
US BANK SAVINGS 47,859.64 $ 3.64 47,863.28 $ 47,863.28 0.61% 0.09% US BANK ASSET FORFEITURE 67,309.10 $ 4,213.22 71,522.32 $ 71,522.32 0.91% 0.09% CITY OF MENIFEE CASH ON HAND 12,300.00 $ 12,300.00 $ 12,300.00 0.16% 0.00% TOTAL CITY CASH 4.936,250.62 $ 16.171.039.28 S (13.287,807.79) S 7,819,482.11 S 7,819,482.11 100.00%
CITY INVESTMENTS
PERCENT
OF AVG/STATED
BEGINNING DEPOSITS/ WITHDRAWALS/
INVESTMENT TYPE/CATEGORY BALANCE PURCHASES SALES/MATURITIES ENDING BALANCE MARKET VALUE CITY CASH RATE ISSUER
CAMP Pool/Short-Term 81,235,260.45 326,502.37 $ (6,000,000.00) S 75,561,762.82 $ 75,561,762.82 34.77% 5.030% 45 49 11,511,787.68 $ 11,511,787.68 5.30% 4.518%
LAIF Pool/Short •Term 11,376,869.39 134,918.29
CHANDLER ASSET MGMT City Investments/Long-Term $ 129,986,511.78 $ 3,634,492.72 $ (3,394,929.76) $ 130,226,074.74 $ 129,460,242.38 59.93% 3.1353% TOTAL CITY INVESTMENTS $ 222.598,641.62 $ 4,095,913.38 $ (9,394,929.76) $ 217,299,625.24 S 216.533.792.88 100.00% CASH & INVESTMENTS TOTAL S 227,534,89224 S 20,266,952.66 S (22,682.137.55) S 225,119,107.35 S (2.415)784,89) INCREASE(DECREASE)
CASH HELD OUTSIDE OF CITY FUNDS
BEGINNING Average Yield for the
BALANCE DEPOSITS WITHDRAWALS ENDING BALANCE Month (Annualized) Wilmington Trust TRIP funds 38,395.65 $ 140.70 38,536.35 4.55% Wilmington Trust Streetlights funds 58,922.32 247.46 (5,135.90) 54,033.88 4.65% Wilmington Trust CFD 2019-1 Meadow Run funds 295,256.60 1,080.17 296,336.77 4.57% Wilmington Trust CFD 2020-1 McCall Mesa funds 1,922,854.53 7,036.70 1,929,891.23 4.56% Wilmington Trust CFD 2020-2 Del Oro funds 238,340.11 872.19 239,212.30 4.57% Wilmington Trust CFD 2021-1 Banner Park funds 5,592,512.06 $ 20,466.05 5,612,978.11 4.57% Wilmington Trust CFD 2021-2 Sumac Ridge funds 4,132,822.07 $ 15,124.27 4,147,946.34 4.56% Wilmington Trust CFD 2022-1 Quartz Ranch funds 14,935,303.66 32.599.06 14,967,902.72 4.56% TOTAL CASH HELD BY TRUSTEE 27,214,407.00 77,566.60 (5,135.90) $ 27,286,837.70 TOTAL CASH & INVESTMENTS INCLUDING CASH HELD BY TRUSTEE 252,405.945.05
RESERVE BALANCES & DAILY OPERATIONS
BEGINNENG 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
... 5,540,317.00
McCall Blvd Proj Improvments 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
... 13.435,563.89
Encumbrances* 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 39,332,401.57 S 39,332,401.57
TOTAL RESERVED BALANCES 65.809.857.57
TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS (All Funds)** 159,309,249.78 * September and October reports reflect final closing and/or carry overs of FY2023/24 encumbrances. •• Reflects combined balance available for all funds. General Fund, including Quality of Life measure, balance as of 7/1/2024 was 59,057,183.23.
RESERVE BALANCES & DAILY OPERATIONS TOTAL ES 225,119.107.35 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 ernment Agency pooled investments and bank balances.
simoney 12/11/24
Travis Hickey, City Treasurer Date