TREASURER'S REPORT
CITY OF MENIFEE
MENIFEE CASH AND INVESTMENT PORTFOLIO
FINANCE As of May 31, 2025
CITY CASH
PERCENT
BEGINNING ENDING OF STATED
INSTITUTION ACCOUNT TYPE BALANCE DEPOSITS WITHDRAWALS BALANCE MARKET VALUE CITY CASH RATE US BANK CHECKING 10,059,688.01 $ 21,969,295.91 (20,779,486.99) $ 11,249,496.93 $ 11,249,496.93 98.76% 0.00% US BANK SAVINGS 47,884.59 3.66 47,888.25 47,888.25 0.42% 0.09% un us in un
US BANK ASSET FORFEITURE 31,027.76 6.19 81,033.95 81,033.95 0.71% 0.09% CITY OF MENIFEE CASH ON HAND 12,300.00 $ $ 12,300.00 $ 12,300.00 0,11% 0.00% TOTAL CITY CASH 10,200,900.36 S 21.969,305.76 S (20,779,486.99) S 11,390,719.13 $ 11,390,719.13 100.00%
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 73,210,065.60 6,277,196.20 $ 79,487,261.80 79,487,261.80 32.12% 4.420% Pool/Short -Term $ 35,871,155.71 $ 35,871,155.71 35,871,155.71 14.49% 4.272% CHANDLER ASSET MGMT City Investments/Long-Term $ 131,872,459.11 $ 4,999,755.21 $ (4,734,926.75) 132,137,287.57 $ 133,081,902.27 53.39% 3.590% TOTAL CITY INVESTMENTS $ 240,953,680.42 5 11,276,951.415 (4.734,926.75)S 247,495,705.08 $ 248,440,319.78 100.00% CASH & INVESTMENTS TOTAL S 251,154,580,78 S 33,246,257.17 5 (25,514,413,74) S 258,886,424.21 S 7.731,843.43 INCREASE(DECREASE)
CASH HELD OUTSIDE OF CITY FUNDS
BEGINNING Average Yield for the
BALANCE DEPOSITS WITHDRAWALS ENDING BALANCE Month (Annualized) Wilmington Trust TRIP funds 36,990.60 884,942.59 $ 921,933.19 3.98% Wilmington Trust Streetlights funds 56,988.27 342,822.96 (10,271.80) 389,539.43 4.06% Wilmington Trust CFD 2019-1 Meadow Run funds 251,615.92 $ 823.72 252,439.64 3.97% Wilmington Trust CFD 2020-1 McCall Mesa funds 1,969,626.06 6,449.21 1,976,075.27 3.97% Wilmington Trust CFD 2020-2 Del Oro funds 238,051.36 $ 779.36 238,830.72 3.97% Wilmington Trust CFD 2021-1 Banner Park funds 5,731,319.00 18,766.51 5,750,085.51 3.97% Wilmington Trust CFD 2021-2 Sumac Ridge funds 4,235,364.50 13,867.95 (2,294,809.00) 1,954,423.45 3.97% Wilmington Trust CFD 2022-1 Quartz Ranch funds 11,099,790.35 36,342.05 (3,393,230.00) S 7,742,902.40 3.97% Wilmington Trust CFD 2023-1 Rockport Ranch funds 16,994,956.40 $ 58,779.47 $ 17,053,735.87 4.07% Wilmington Trust CFD 2023-2 IA1 Cimarron Ridge funds 4,673,202.55 (256,250.00) S 4,416,952.55 3.97% TOTAL CASH HELD BY TRUSTEE 40,614.702.46 $ 6,036,776.37 (5,954,560,80) S 40,696,918.03 TOTAL CASH & INVESTMENTS INCLUDING CASH HELD BY TRUSTEE 299.583,342.24
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 un ur tr 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 12,804,446.25 2,368.029.56 -$ 1.878.970.71 13,293.505.10 Technology Surcharge 442,660.37 442,660.37
Unfunded Liability 424,678.00 424,678.00
Fleet Replacement 1,000,000.00 1,000,000.00
Insurance SIR 500,000.00 $ 500,000.00
Public Facilities 13,271,085.00 $ 13,271,085.00
Fire Equipment 764,000.00 $ 764,000.00
Unassigned Funds: Reserved Cash Flow $ 9,458,093.00 $ $ 9,458,093.00 Sub-Total 54.661,046.93 $ 2,368.029.56 S (1.878,970.71) S 55,150,105.78 TOTAL RESERVED BALANCES 81,627,561.78
TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS (All Funds)*• 177,258,862.43 ** 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 $ 258.886,121.21 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 6a mment Agency pooled inves nents and bank balances. 7/7/25
Travis Hickey, City Treasurer