TREASURER'S REPORT
M CITY OF MENIFEE
MENIFEE CASH AND INVESTMENT PORTFOLIO
FINANCE As of June 30, 2025
CITY CASH
PERCENT
BEGINNING ENDING OF STATED
INSTITUTION ACCOUNT TYPE BALANCE DEPOSITS WITHDRAWALS BALANCE MARKET VALUE CITY CASH RATE US BANK CHECKING 11,249,496.93 $ 19,807,770.80 (19,967,174.40) $ 11,090,093.33 11,090,093.33 98.80% 0.00% US BANK SAVINGS 47,888.25 $ 3.54 $ 47,891.79 $ 47,891.79 0.43% 0.09% US BANK ASSET FORFEITURE 5.69 74,880.98 74,880.98 0.67% 0.09% 1230000 3 (6,158,66) $ 0.11% 0.00%
CITY OF MENIFEE CASH ON HAND 12,300.00 12,300.00 $ 12,300.00 TOTAL CITY CASH 11,390,719.13 $ 19,807,780.03 (19,973,333.06) S 11,225,166.10 S 11,225,166.10 100.00%
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 79,487,261.80 $ 8,301,327.74 87,788,589.54 $ 87,788,589.54 34.27% 4,400% LAIF Pool/Short -Term $ 35,871,155.71 $ $ 35,871,155.71 35,871,155.71 14.00% 4.269% CHANDLER ASSET MGMT City Investments/Long-Term $ 132,137,287.57 $ 5,441,790.94 (5,075,786.35) 132,503,292.16 $ 134,245,629.99 51.73% 3.640% TOTAL CITY INVESTMENTS $ 247,495,705.08 $ 13,743,118.68 (5,075,786.35) S 256,163,037.41 $ 257,905,375.24 100.00% CASH & INVESTMENTS TOTAL S 258,886,424.21 S 33,550,898.71 S (25,049,119.41) S 267,388,203.51 S 8,501,779.30 INCREASE(DECREASE)
CASH HELD OUTSIDE OF CITY FUNDS
BEGINNING Average Yield for the
BALANCE DEPOSITS WITHDRAWALS ENDING BALANCE Month (Annualized) Wilmington Trust TRIP funds 921,933.19 $ 1,947.60 (885,243.67) 5 38,637.12 3.85% Wilmington Trust Streetlights funds 389,539.43 248.36 (314,976.87) S 74,810.92 3.92% Wilmington Trust CFD 2019-1 Meadow Run funds 252,439.64 40,845.90 (31,836.24) S 261,449.30 3.83% Wilmington Trust CFD 2020-1 McCall Mesa funds 1,976,075.27 46,622.99 (31,836.24) S 1,990,862.02 3.83% Wilmington Trust CFD 2020-2 Del Oro funds 238,830.72 40,800.31 (32,472.96) S 247,158.07 3.83% Wilmington Trust CFD 2021-1 Banner Park funds 5,750,085.51 59,272.21 (31,836.24) S 5,777,521.48 3.83% Wilmington Trust CFD 2021-2 Sumac Ridge funds 1,954,423.45 53,742.98 2,008,166.43 3.82% Wilmington Trust CFD 2022-1 Quartz Ranch funds 7,742,902.40 76,213.28 (30,600.00) S 7,788,515.68 3.83% Wilmington Trust CFD 2023-1 Rockport Ranch funds 17,053,735.87 98,643.14 (30,000.00)S 17,122,379.01 3.92% Wilmington Trust CFD 2023-2 IA1 Cimarron Ridge funds 4,416,952.55 4,948.81 $ 4,421,901.36 3.97% TOTAL CASH HELD BY TRUSTEE $ 40,696,918.03 423,285.58 (1,388.802.22) S 39,731,401.39 TOTAL CASH & INVESTMENTS INCLUDING CASH HELD BY TRUSTEE 307,119,604.90
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
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 13,293,505.10 725,883.31 9,548,474.15 4,470,914.26 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 55.150.105.78 S 725,883.31 (9.548.474.15) S 46,327,514.94 TOTAL RESERVED BALANCES 72.804,970.94
TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS (All Funds)* 194,583,232.57 ** Refects 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 267,388,203.51 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 certif that this report reflects all Government Agency pooled investmi and bank balances. 8/12/25
Travis Hickey, City Treasurer