TREASURER'S REPORT
CITY OF MENIFEE
MENIFEE CASH AND INVESTMENT PORTFOLIO
FINANCE As of November 30, 2024
CITY CASH
PERCENT
EGINNIN ENDING OF STATED
INSTITUTION ACCOUNT TYPE ALANI DEPOSITS WITHDRAWALS BALANCE MARKET VALUE CITY CASH RATE US BANK CHECKING 6,723,739.26 (11,399,799.99) $ 3,011,735.78 $ 3,011,735.78 95.81% 0.00% US BANK SAVINGS 3.53 47,866.81 47,866.81 1.52% 0.09%
US BANK ASSET FORFEITURE 5.27 71,527.59 $ 71,527.59 2.28% 0.09% CITY OF MENIFEE CASH ON HAND 12,300.00 $ 12,300.00 0.39% 0.00% TOTAL CITY CASH SI 7.819482.11 S 6,723,748.06 S (11,399,799.99) S 3,143,430.18 S 3.143.430.18 100.00%
CITY INVESTMENTS
PERCENT
OF AVG/STATED
BEGINNING )EPOSITS WITHDRAWALS/
INVESTMENT TYPE/CATEGORY BALANCE URCHASE SALES/MATURITIES ENDING BALANCE MARKET VALUE CITY CASH RATE ISSUER
Pool/Short -Term 75,561,762.82 S 301,659.01 75,863,421.83 $ 75,863,421.83 34.86% 4.870% CAMP • •
LAIF Pool/Short-Term 11,511,787.68 S 11,511,787.68 $ 11,511,787.68 5.29% 4,477% $ 130,226,074.74 $ 3,895,254.46 (3,858,910.22) $ 130,262,418.98 $ 129,769,295.08 59.85% 3.155% CHANDLER ASSET MGMT City Investments/Long-Term
TOTAL CITY INVESTMENTS $ 217,299,625.24 $ 4,196,913.47 S (3,858,910.22) S 217,637,628.49 $ 217,144,504.59 100.00% CASH & INVESTMENTS TOTAL S 225,119,10735 S 10,920,661.53S S S S S (4,338,048.68) INCREASE(DECREASE)
CASH HELD OUTSIDE OF CITY FUNDS
BEGINNING Average Yeld for the
BALANCE DEPOSITS WITHDRAWALS ENDING BALANCE Month (Annualized) Wilmington Trust TRIP funds 38,536.35 147.99 38,684.34 4.22% Wilmington Trust Streetlights funds 54,033.88 219.01 54,252.89 4.44% Wilmington Trust CFD 2019-1 Meadow Run funds 296,336.77 85,949.41 (84,890.57) 297,395.61 4.25% Wilmington Trust CFD 2020-1 McCall Mesa funds 1,929,891.23 7,443.55 1,937,334.78 4.25% Wilmington Trust CFD 2020-2 Del Oro funds 239,212.30 922.70 240,135.00 4.25% Wilmington Trust CFD 2021-1 Banner Park funds 5,612,978.11 21,649.10 5,634,627.21 4.25% Wilmington Trust CFD 2021-2 Sumac Ridge funds 4,147,946.35 $ 15,998.48 4,163,944.83 4.25% Wilmington Trust CFD 2022-1 Quartz Ranch funds 14,967,902.72 $ 57,687.84 (1,407,596.90) 13,617,993.66 4.25% TOTAL CASH HELD BY TRUSTEE 27,286,837.71 190,018.08 (1.492,487.47) S 25,984,368.32 TOTAL CASH & INVESTMENTS INCLUDING CASH HELD BY TRUSTEE 246,765,426.99
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
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McCall Bld 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 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
: 223,872.00
Bradley Bridge 223,872.00
Encumbrances* 14,189,557.13 904,507.10 (4,00,90060) 3 10,293,163.63 Technology Surcharge 442,660.37
Unassigned Funds: Reserved Cash Flow 9,458,093.00$ $ 9,458,093.00 Sub-Total 40,086,394.81 S 204,507.10S (4,800,900.60) S 36.190,001.31 TOTAL RESERVED BALANCES 62,667,457.31
TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS (All Funds)" 158,113,601.36 •Difference of $753k from October 2024 Encumbrances related to one time final Munis/Eden conversion adjustments. •* Reflects combined balance available for all funds. General Fund, including Quality of Life measure, balance as of 7/1/2024 was $9,057,183.23 RESERVE BALANCES & DAILY OPERATIONS TOTAL 220,781.058.67 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 Go ament Agency pooled investments and bank balances. 1/9/25
Travis Hickey, City Treasurer