TREASURER'S REPORT
CITY OF MENIFEE
MENIFEE CASH AND INVESTMENT PORTFOLIO
FINANCE As of July 31, 2025
CITY CASH
PERCENT
BEGINNING ENDING OF STATED
INSTITUTION ACCOUNT TYPE BALANCE DEPOSITS WITHDRAWALS BALANCE MARKET VALUE CITY CASH RATE US BANK CHECKING 11,090,093.33 7,859,007.54 $ (10,434,190.83) $ 8,514,910.04 8,514,910.04 98.29% 0.00% 7,891.79 3.66 47,895.45 $ 47,895.45 0.55% 0.09%
US BANK SAVINGS
US BANK ASSET FORFEITURI 14,880.98 12,676.27 87,557.25 87,557.25 1.01% 0.09% CITY OF MENIFEE CASH ON HANE 2,300.00 $ 12,300.00 $ 12,300.00 0.14% 0.00% TOTAL CITY CASH 11.225.166.10 S 7,871,687.47 $ (10,434,190.83) S 8,662,662.74 8,662,662.74 100.00%
CITY INVESTMENTS
PERCENT
OF AVG/STATED
BEGINNING DEPOSITS/ WITHDRAWALS/
INVESTMENT TYPE/CATEGORY BALANCE PURCHASES SALES/MATURITIES ENDENG BALANCE MARKET VALUE CITY CASH RATE ISSUER
CAMP 87,788,589.54 $ 328,930.24 88,117,519.78 88,117,519.78 34.25% 4.410% LAIF pool short Term 35,871,155.71 $ 393,285.30 36,264,441.01 $ 36,264,441.01 14.09% 4.258% CHANDLER ASSET MGMT City Investments/Long-Term 132,503,292.16 $ 1,848,012.34 (1,433,628.66) $ 132,917,675.84 $ 134,167,175.83 51.66% 3.630% TOTAL CITY INVESTMENTS $ 256,163,037.41 $ 2,570,227.88 $ (1,433,628.66) $ 257,299.636.63 $ 258,549,136.62 100.00% CASH & INVESTMENTS TOTAL $ 267,388,203.51 $ 10,441,915.35 $ (11.86781949) S 265,962,299.37 S (1.425,90414) INCREASE(DECREASE)
CASH HELD OUTSIDE OF CITY FUNDS
BEGINNING Average Yield for the
BALANCE DEPOSITS WITHDRAWALS ENDING BALANCE Month (Annualized) 38,637.13 221.68 38,858.81 3.98%
Wilmington Trust TRIP funds
Wilmington Trust Streetlights funds 74,810.92 293.00 (5,635.90) 69,468.02 4.06% Wilmington Trust CFD 2019-1 Meadow Run funds 261,449.30 $ 835.09 262,284.39 3.96% Wilmington Trust CFD 2020-1 McCall Mesa funds 1,990,862.02 6,425.08 1,997,287.10 3.96% 247,158.07 790.59 247,948.66 3.96%
Wilmington Trust CFD 2020-2 Del Oro funds
5,777,521.48 18,664.87 (947,384.00) 4,848,802.35 3.96%
Wilmington Trust CFD 2021-1 Banner Park funds
Wilmington Trust CFD 2021-2 Sumac Ridge funds 2,008,166.43 6,380.09 (1,042,075.45) 972,471.07 3.96% Wilmington Trust CFD 2022-1 Quartz Ranch funds 7,788,514.68 25,140.10 7,813,654.78 3.96% Wilmington Trust CFD 2023-1 Rockport Ranch funds 17,122,379.01 56,617.72 (4,076,888.00) 13,102,108.73 4.04% Wilmington Trust CFD 2023-2 IA1 Cimarron Ridge Funds 4,421,901.36 14.824.77 4,436,726.13 4.09% TOTAL CASH HELD BY TRUSTEE 39,731,400.40 $ 130,192.99 (6.071,983.35) S 33,789,610.04 TOTAL CASH & INVESTMENTS INCLUDING CASH HELD BY TRUSTEE 299,751,909.41
RESERVE BALANCES & DAILY OPERATIONS
BEGINNING ENDING
TYPE PURPOSE BALANCE DEPOSITS WITHDRAWALS BALANCE
Committed Funds: Operating Reserve Stabilization 14,187,139.00 686,432.00 14.873,571.00 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 4,000,000.00 Community Center 3,854,808.44 3,854,808.44
Sub-Total 26,477,456.00 6,541,240.44 33,018,696.44
Assigned Funds: Economic Uncertainty 14,187,139.00 686,432.00 14,873,571.00 Fire Safety (AMR) $ 569,680.05 156,066.04 (53,000.00) $ 672,746.09 Rockport Ranch Mitigation 80,930.24 3,773,878.20 (3,854,808.44) General Plan Update 934,463.02 515,192.79 (180,158.00) 1,269,497.81 Bradley Bridge 223,872.00 (223,872.00)
Encumbrances* 3,417,280.66 3,690,047.08 (346,221.32) 6,761,106.42 Technology Surcharge 442,660.37 662,738.81 (298,102.00) 807,297.18 Unfunded Liability 424,678.00 274,069.00 698,747.00
Fleet Replacement 1,000,000.00 1,000,000.00
Insurance SIR 500,000.00 500,000.00
Public Facilities 13,271,085.00 (2,000,000.00) 11,271,085.00 Fire Equipment 764,000.00 764,000.00
CIP 14-01: McCall Bivd/1-215 Project 1,200,000.00 1.200,000.00 Unassigned Funds: Reserved Cash Flow 9,458,093.00 $ 457,621.00 9,915,714.00 Sub-Total 45,273,881.34 S 11,416,044.92 S (6,956,161.76) S 49.733,764.50 TOTAL RESERVED BALANCES 82,752,460.94
TOTAL BALANCE AVAILABLE FOR DAILY OPERATIONS (All Funds)* 183,209,838.43 *Difference of S1,053,633.60 from June 2025 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 $ 265,962,299.37 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 hernment Agency pooled investments and bank balances. until 9/5/25
Travis Hickey, City Treasurer Date