TREASURER'S REPORT
M CITY OF MENIFEE
MENIFEE CASH AND INVESTMENT PORTFOLIO
As of December 31, 2024
CITY CASH
PERCENT
BEGINNING ENDING OF
BALANCE MARKET VALUE CITY CASH STATED
INSTITUTION ACCOUNT TYPE BALANCE DEPOSITS WITHDRAWALS
US BANK CHECKING 16,165,321.49 $ 7,648,616.62 $ 7,648,616.62 98.31% 0.00% US BANK SAVINGS in us un in 47,866.81 3.64 $ 47,870.45 47,870.45 0.62% 0.09% US BANK ASSET FORFEITURE 71,527.59 5.45 $ 71,533.04 $ 71,533.04 0.92% 0.09% CITY OF MENIFEE CASH ON HAND 12,300.00 12,300.00 $ 12,300.00 0.16% 0.00% TOTAL CITY CASH 3.143.430.18 S 16.165.330.58 S (11.528,440.65) S 7.780,320.11 S 7.780.320.11 100.00%
CITY INVESTMENTS
PERCENT
OF AVG/STATED
BEGINNING DEPOSITS/ WITHDRAWALS/
ISSUER INVESTMENT TYPE/CATEGORY BALANCE PURCHASE: SALES/MATURITIES ENDING BALANCE MARKET VALUE CITY CASH RATE CAMP Pool/Short -Term и и 75,863,421.83 40000000) S 72,153,237.90 $ 72,153,237.9 33.65% 4.730% LAIF Pool/Short-Term 11,511,787.68 28981607% [1,511,787.683 11,511,787.68 5.37% 4.434% CHANDLER ASSET MGMT City Investments/Long-Term 130,262,418.98 $ 3,570,209.41 $ (3,087,747.71) S 130,744,880.68 $ 129,720,974.05 60.98% 3.093% TOTAL CITY INVESTMENTS S 217,637.628.49 S 3.860,025.48 S (7.087.747.71) 5 214.409,906.26 $ 213.385,999.63 100.00% CASH & INVESTMENTS TOTAL S 220,781,058.67 S 20,025,356.06 S (18,616,188.36) S 222,190,226.37S 1,409.167.70 INCREASE(DECREASE)
CASH HELD OUTSIDE OF CITY FUNDS
BEGINNING Average Yield for the
BALANCE DEPOSITS WITHDRAWALS ENDING BALANCE Month (Annualized) Wilmington Trust TRIP funds 231,195.34 522.45 (195,243.67) 36,474.12 4.36% Wilmington Trust Streetlights funds 390,565.57 559.35 (314,594.61) 76,530.31 4.41% Wilmington Trust CFD 2019-1 Meadow Run funds 297,395.61 952.85 298,348.46 4.39% Wilmington Trust CFD 2020-1 McCall Mesa funds 1,937,334.78 6,952.68 1,944,287.46 4.39% Wilmington Trust CFD 2020-2 Del Oro funds 240,135.00 861.86 240,996.86 4.39% Wilmington Trust CFD 2021-1 Banner Park funds 5,634,627.21 20,221.57 5,654,848.78 4.39% Wilmington Trust CFD 2021-2 Sumac Ridge funds 4,163,944.83 14,943.66 4,178,886.49 4.39% Wilmington Trust CFD 2022-1 Quartz Ranch funds 13,617,993.66 51,612.28 13,669,605.94 4.39% Wilmington Trust CFD 2023-1 Rockport Ranch funds 18,014,507.75 (259,750.00) 17,754.757.75 4.39% TOTAL CASH HELD BY TRUSTEE 26,513,192.00 18,111,134.45 (769,588.28) 43,854,738.17 TOTAL CASH & INVESTMENTS INCLUDING CASH HELD BY TRUSTEE 266,044,964.54
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 6A 4A un us 4,750,000.00
City Hall 4,750,000.00
McCall Blvd Proj Improvments 5,540,317.00 5,540,317.00
6A tA 2,000,000.00
Public Facilities 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 tA tA $ : nunn 934.463.02 Bradley Bridge 223,872.00 223,872.00
Encumbrances* 10,293,163.63 22.812.49 -$ 1.032,549.09 9,283,427.03 Technology Surcharge 442,660.37 442,660.37
Unassigned Funds: Reserved Cash Flow 9,458,093.00 $ $ 9,458,093.00 Sub-Total 36.190.001.31 S 22,812.49 (1.032,549.09) S 35.180.264.71 TOTAL RESERVED BALANCES 61.657.720.71
TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS (All Funds)** 160.532.505.66 •Difference of 5753k 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, the final unassigned fund balance as of 7/1/2024 was 59,057,183.23.
RESERVE BALANCES & DAILY OPERATIONS TOTAL IS 222.190.226.37 In compliance with the California Code Section 53646, as the City Treasurer of the City of Menifee, T 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 certi hat this renort reflects all an ernment Agency pooled investme ad bank balances. 2/14/25
Travis Hickey, City Treasurer