TREASURER'S REPORT
M CITY OF MENIFEE
MENIFEE CASH AND INVESTMENT PORTFOLIO
FINANCE As of January 31, 2025
CITY CASH
PERCENT
BEGINNING ENDING OF STATED
BALANCE DEPOSITS WITHDRAWALS BALANCE MARKET VALUE CITY CASH RATE
INSTITUTION ACCOUNT TYPE
7,648,616.62 $ 21,116,402.68 (13,164,198.06) $ 15,600,821.24 $ 15,600,821.24 99.00% 0.00%
US BANK CHECKING
US BANK SAVINGS 47,870.45 3.65 $ 47,874.10 47,874.10 0.30% 0.09% 71,533.04 26,552.64 98,085.68 98,085.68 0.62% 0.09%
US BANK ASSET FORFEITURE
CITY OF MENIFEE CASH ON HAND 12,300.00 $ $ 12,300.00 $ 12,300.00 0.08% 0.00%
7.780,320.11 $ 21,142,958.97 S (13,164,198.06)S 15.759,081.02 S 15.759,081.02 100.00%
TOTAL CITY CASH
CITY INVESTMENTS
PERCENT
OF AVG/STATED
BEGINNING DEPOSITS/ WITHDRAWALS/
INVESTMENT TYPE/CATEGORY BALANCE PURCHASES SALES/MATURITIES ENDING BALANCE MARKET VALUE CITY CASH RATE ISSUER
$ 278,905.59 $ 72,432,143.49 $ 72,432,143.49 33.67% 4.550% CAMP Pool/Short-Term 72.551787.60 $ $
$ 11,511,787.68 $ 133,885.23 11,645,672.91 11,645,672.91 5.41% 4.366% LAIF Pool/Short-Term
$ $ 4,349,754.86 $ (4,043,038.51) $ 131,051,597.03 $ 130,422,042.82 60.92% 3.093% CHANDLER ASSET MGMT City Investments/Long-Term 130,744,880.68 TOTAL CITY INVESTMENTS 214,409.906.26 S 4.762,545.68 S (4.043.038.51) S 215,129,413.43 S 214,499,859.22 100.00% GISH & INVESTMENTS TOTAL S 222,190226.37 S 25,905.504.65 S (17,207,236.57) S 230,888,494.45S 8,698,268.08, INCREASE(DECREASE)
CASH HELD OUTSIDE OF CITY FUNDS
BEGINNING Average Yield for the
BALANCE DEPOSITS WITHDRAWALS ENDING BALANCE Month (Annualized) 36,474.12 153.01 36,627.13 4.06%
Wilmington Trust TRIP funds
76,530.31 328.31 (5,135.90) 71,722.72 4.15%
Wilmington Trust Streetlights funds
298,348.46 1,070.24 299,418.70 4.08%
Wilmington Trust CFD 2019-1 Meadow Run funds
Wilmington Trust CFD 2020-1 McCall Mesa funds 1,944,287.46 6,975.98 1,951,263.44 4.08% Wilmington Trust CFD 2020-2 Del Oro funds 240,996.86 864.72 241,861.58 4.08% Wilmington Trust CFD 2021-1 Banner Park funds 5,654,848.78 $ 20,288.78 5,675,137.56 4.08% 4,178,888.49 $ 14,993.50 4,193,881.99 4.08%
Wilmington Trust CFD 2021-2 Sumac Ridge funds
13,669,605.94 $ 48,777.53 13,718,383.47 4.08%
Wilmington Trust CFD 2022-1 Quartz Ranch funds
17.754,757.75 31,579.29 17,786,337.04 4.23%
Wilmington Trust CFD 2023-1 Rockport Ranch funds
TOTAL CASH HELD BY TRUSTEE $ 43,854.738.17 $ 125.031.36 (5,135.90) 43,974,633.63 TOTAL CASH & INVESTMENTS INCLUDING CASH HELD BY TRUSTEE 274,863,128.08
RESERVE BALANCES & DAILY OPERATIONS
BEGINNING ENDING
PURPOSE BALANCE DEPOSITS WITHDRAWALS BALANCE
TYPE
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 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* 9,217,779.78 1,440,186.71 S 12,185,001.49 4,407.40342 $ 442,660.37
Technology Surcharge 442,660.37
Unassigned Funds: Reserved Cash Flow $ 9,458,093.00 $ $ 9,458,093.00 Sub-Total 35.114,617.46 $ 4,407,408.42 $ (1,440,186.71) S 38,081.839.17 TOTAL RESERVED BALANCES 64,559.295.17
TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS (All Funds)** 166.329.199.28 • Difference of S65.6k from December 2024 Encumbrances Ending Balance amount related additional PO activity (liquidations) post report completion. * 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 $9,057,183.23 RESERVE BALANCES & DAILY OPERATIONS TOTAL | s 230,888,19445 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 Government Agency pooled investments and bank balances. 3/14/25
Travis Hickey, City Treasurer Date