Richno
Finance Department - Treasury Division
MEMORANDUM
To: Mayor and Members of the City Council
From: Belinda Brown, Finance Director/Treasurer
Date: March 1, 2022
Subject: MONTHLY CASH BALANCES & INVESTMENT REPORT =
January 2022
Enclosed for your information are the Investment Report, Portfolio Suparad by theory raise er pursuant to estate or rearments of City of Richmond
Investment Report for January 2022
Pooled Investment Portfolio Analysis
UNAUDITED
Book Value History
Investment Composition: (in millions)
Book Value of Investments Held 164,605,990.05 $200.0
Market Value of Investments Held 164,605,990.05
$180.0 $177.2
Unrealized Gain (Loss) - amount
$160.0 $158.2$158.2 $148.3 $155.4$152.4
Unrealized Gain (Loss) - percentage 0.00% 5138.45145.7 5256.5 5164.6 $140.0 $135.7$135.8 $130.3
$120.0
$100.0
% Book Value $80.0
Federal Agency Securities 0.00%
$60.0
CalTrust - Short Term Fund 54.44% 89,606,131.02
Local Agency Investment Fund (LAIF) 45.56% 74,999,859.03 $40.0 Certificates of Deposit 0.00% $20.0
Total Investments Held 100.00% 164,605,990.05 $0.0
Jan '21 Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan'22 '21 '21 '21 '21 '21 '21 '21 '21 '21 '21 '21
Book Value by Investment Type
LAIF
Cash Summary: 74,999,859.03
46% Certificates of Deposit
Pooled Investments (Unrestricted) 164,605,990.05
Fiscal Agent & Other Restricted Investments: 0%
City 46,040,478.60
Successor Agency to the RCRA 21,082,157.26 . Federal Agency Securities
Total Fiscal Agent & Other Investments 67,122,635.86
0%
Checking Accounts & Other Activity 58,616,782.17 • Federal Agency Securities Total Cash Balance (Fund detail attached) 290,345,408.08 • Money Market
• LAIF
Money Marke
39,606,131.02 • Certificates of Deposit
54%
City of Richmond
- #SymPro City of Richmond Finance Department
Portfolio Management 450 Civic Center Plaza
Richmond, Richmond, CA 94804
Portfolio Summary (510)620-6740
January 31, 2022
Par Market Book % of Days to YTM/C YTM/C
Investments Value Value Value Portfolio Term Maturity 360 Equiv. 365 Equiv.
Local Agency Investment Funds 74,999,859.03 74,999,859.03 74,999,859.03 45.56 1 1 0.231 0.234 Money Markets 89,606,131.02 89,606,131.02 89,606,131.02 54.44 1 0.290 0.294 -
164,605,990.05 164,605,990.05 164,605,990.05 100.00% 1 1 0.263 0.267 Investments
Cash
rotinue in yed calculations) 16,813,600.64 16,813,600.64 16,813,600.64 1 1 0.000 0.000 Total Cash and Investments 181,419,590.69 181,419,590.69 181,419,590.69 1 1 0.263 0.267 Total Earnings January 31 Month Ending
Current Year 32,496.86
Average Daily Balance 175,416,492.14
Effective Rate of Return 0.22%
he above investments are consistent with the City's Investment Policy and allowable under current legislation of the State of California. Investments were selected using safety, liquidity and yiel s the criteria. The source of the market values for the investments are provided by Union Bank of California in accordance with the California Government Code requirement. The City ha sufficient cash flow to cover anticipated expenditures through the next six months. 2-15-22
Belinda Brown, Director of Finance
Reporting period 01/01/2022-01/31/2022 Portfolio CITY
CP
Run Date: 02/10/2022 - 14:44 No fiscal year history available IE (PRF_PM1) 7.3.11
Report Ver. 7 3.11
City of Richmond
Portfolio Management Page 1
Portfolio Details - Investments
January 31, 2022
Investment# Average Purchase Stated YTM/C Daysto Maturity CUSIP Issuer Balance Date Par Value Market Value Book Value Rate S&P 365 Maturity Date Local Agency Investment Funds
11-07-003 200676 L.A.LF. - TRAN 0.00 0.00 0.00 0.278 0.278 1 98-07-724 1000 L.A.I.F. - City of Richmond 74,999,859.03 74,999,859.03 74,999,859.03 0.234 0.234 1 Subtotal and Average 75,005,331.06 74,999,859.03 74,999,859.03 74,999,859.03 0.234 1 Money Markets
SYS200595 200595 Torrey Pines/Alta Alliance 0.00 0.00 0.00 0.200 0.203 1 SYS200602 200810 CALTRUST TRAN 0.00 0.00 0.00 0.510 0.517 SYS200601 200601 Cal Trust 89,606,131.02 89,606,131.02 89,606,131.02 0.290 0.294 1 1601111894 200581 Wells Fargo Bank 0.00 0.00 0.00 0.100 0.101 1 431114503 200534 Union Bank of Calif - Safekeep 07/01/2015 0.00 0.00 0.00 0.000 1 Subtotal and Average 87,547,480.09 89,606,131.02 89,606,131.02 89,606,131.02 0.294 1 Total and Average 175,416,492.14 164,605,990.05 164,605,990.05 164,605,990.05 0.267 1 Portfolio CITY
CP
Run Date: 02/10/2022 - 14:44
PM (PRF_PM2) 7.3.11
Report Ver. 7.3.11
City of Richmond
Portfolio Management Page 2
Portfolio Details - Cash
January 31, 2022
Averag Purchase Stated YTM/C Days to
CUSIP Investment# Issuer Balancı Date Par Value Market Value Book Value Rate S&P 365 Maturity Cash In Banks
SYS200723 200723 Mechanics Bank 16,813,600.64 16,813,600.64 16,813,600.64 0.000 1 Average Balance 0.00 1
Total Cash and Investments 175,416,492.14 181,419,590.69 181,419,590.69 181,419,590.69 0.267 1 Portfolio CITY
CP
Run Date: 02/10/2022 - 14:44 PM (PRF_PM2) 7.3.11
City of Richmond
Portfolio Management
Investment Status Report - Investments Page 1
January 31, 2022
Stated Maturity Purchas YTM/C YTM/C Payment Accrued Current CUSIP Investment * Issuer Par Value Rate Date 360 365 Dates Interest Principal Book Value
Local Agency Investment Funds
11-07-003 200676 L-TRAN 0.278 0.274 0.278 11/30 - Quarterly 0.00 0.00 5909 0234
98-07-724 1000 LAIF 74,999,859.03 0.234 0.231 0.234 07/01- Quarterly 74,999,859.03 74,999,859.03 Local Agency Investment Funds Totals 74,999,859.03 0.231 74,999,859.03
0.234 0.00 74,999,859.03
Money Markets
SYS200595 200595 ALTA 0.00 0.200 0.200 0.203 07/01 - Monthly 0.00
0.00 SYS200602 200810 CALTR- 0.00 0.510 0.510 0.517 12/01 - Monthly 0.00 0.00 SYS200601 200601 CALTRU 89,606,131.02 0.290 0.290 0.294 07/01 - Monthly 89,606,131.02 89,606,131.02 1601111894 200581 GRBAY 0.00 0.100 0.100 0.101 07/01 - Monthly 0.00 0.00 431114503 200534 UBOC 0.00 07/01/2015 0.000 0.000 08/01 - Monthly
0.00 Money Markets Totals 89,606,131.02 0.290 0.294 0.00 89,606,131.02 89,606,131.02 Investment Totals 164,605,990.05 0.263 0.267 0.00 164,605,990.05 164,605,990.05 Portfolio CITY
CP
Run Date: 02/10/2022. 14:44
PM (PRF_PMS) 7.3.11
Report Ver. 7.3.11
City of Richmond
Portfolio Management
Investment Status Report - Cash Page 2
January 31, 2022
Stated Maturity purchas t YTM/C Payment Accrued Current CUSIP Investment # Issuer Par Value Rate Date 365 Dates Interest Principal Book Value Cash In Banks
SYS200723 200723 MECHBK 16,813,600.64 0.000 0.000 07/31 - Monthly 16,813,600.64 16,813,600.64 Cash Totals 16,813,600.64 0.00 16,813,600.64 16,813,600.64 Total Cash and Investments 181,419,590.69 0.263 0.267 0.00 181,419,590.69 181,419,590.69 Portfolio CITY
CP
Run Date: 02/10/2022 - 14:44 PM (PRF_PMS) 7.3.11
CITY OF RICHMOND
CASH BALANCES BY FUND
COMPARATIVE REPORT - JANUARY 2021 AND JANUARY 2022
JANUARY 2021 JANUARY 2021 JANUARY 2022 SANUARY 2022
FUND FUND DESCRIPTION FUND BALANCE TOTAL FUND BALANCE TOTAL % of Change
GENERAL FUND
0001 GENERAL FUND 28,152104.29 40,748,927.00
General Fund Total 28,152,404.29 40,748,927.00 44.7%
SPECIAL REVENUE FUNDS
1001 SECURED PENSION OVERRIDE (10,301,593.82) (11,625,738.81) 1002 STATE GAS TAX 465,560.79 558,565.57
1003 TRANSPORTATION OPERATIONS 58,007.41 16,825.86)
1004 ASSET SEIZURE FUND 335,904.99 321,142.99
1005 LIBRARY FUND 854,287.97 462,766.24
1006 OUTSIDE FUNDED SVCS - GRANTS 634,176.66 388,569.27 1007 EMERGENCY MED SERV 280,051.74 316,547.81
1008 PT MOLATE SEC & MAINT
1009 VELIA MITIGATION 231,306.03 263,327.73
1010 N.RICHMOND WASTE (5,648.64) (106,313.31)
1011 OUTSIDE FUNDED SVCS - DONATION 6,711.47 6,732.24
1012 HILLTOP LANDSCAPE MAINT DIST 364,610.79 391,824.35 1013 HAZMAT FUND (1,576.86) 71,748.00
1014 EDA GRANT FUND 444,630.11
1015 MARINA BAY LNDSCP & LIGHT DIST 964,870.03 872,340.44 1016
1017 CHEVRON MODERNIZATION PROJECT 13,288,831.73 14,465,777.50 1018 RENT CONTROL 1,567,418.01 2,069,158.23
1019 GAS TAX SEC 201 2,370,930.01 3,063,836.15
1050 CR-PLANNING & BUILDING 4,198,566.52 5,565,284.58
1051 CR-ENGINEERING (2,977,507.67) (2,923,904.89)
1053 CR-CODE ENFORCEMENT (211,677.83) (211,677.83)
1054 ENGINFERING GRANTS ((1,357,343.34) (5,547,521.79)
1055 ENCROACHMENT SERVICES 1,331,254.14 1,818,677.94
1056 RENT CONTROL
1200 HOUSING ADMINISTRATION (1,140,131.52) 299,310.81
1201 CDBG 1,115,781.04 1,490,395.54
1202 HOME PROGRAM 871,025.18 384,512.46
1203 NEIGHBORHOOD STABILIZATION 158,546.01 131,659.12
1204 CDBG RECOVERY
1205 EMPLOYMENT & TRAINING 1,854,099.48 696,992.56
1206 CDBG HOMELESS PREV RAPID RESP
1207 COR-NEIGHBORHOOD STAB(CITY) (97,567.32) (103,478.60) 1208 SUCCESSOR HOUSING AGENCY 1,895,352.69 1,875,040.31 1209 CAL-HOME GRANT FUND 690,790.95 831,821.68
1302 HOUSING IN LIEU 2,773,771,59 2,715,955.16
1303 KIDS FIRST 310,702.25 1,062,484.04
1304 EMERGENCY RECOVERY 139,400.08 (232,162.08)
1305 PUBLIC ART 841,560.20
1306 ARPA 13,866,643.13
Special Revenue Funds 21,413,540.67 34,075,050.88 59%
CAPITAL PROJECT FUNDS
2001 GENERAL CAPITAL FUND 3,148,333.52 2,762,179.01
2002 MEASURE J 759,122.26 858,738.06
CIP LSE REV BOND 01
2004 CIVIC CENTER : :
2006 PARKS FUND
HARBOR FUND 45,533.48
TRANSPORTATION FUND 15328309
-
STATE HIGHWAY FUND
2110 IMPACT FEE - PARKS 119,774.76 154,795.09
2111 IMPACT FEE - TRAFFIC 713,355.01 1,037,179.49
2113 IMPACT FEE - FIRE 141,482.37 178,848.37
2114 IMPACT FEE - POLICE 278,299.49 580,585.47
2115 IMPACT FEE - COMM/AQUATC 373,937.40 516,786.12
2116 IMPACT FEE - PARKS/OPEN 1,908,814.32 2,927,153.75
2117 IMPACT FEE - LIBRARY 1,391,496.12 1,658,168.56
2118 IMPACT FEE - HILLTOP 31,516.14 31,613.65
2119 IMPACT FEE - STORM DRAINAGE 550,349.70 798,011.29
2120 IMPACT FEE - WASTEWATER 2,294,675.28 2,459,060.43
2125 SECTION 108 IRON TRIANGLE 412,488.44 287,152.94
2126 HOUSING CIP FUND (166,431.90) (166,431.90)
Capital Project Funds Total 12,002,605.94 14,129,373.81 17.7% Cash Bai by FUND January 2022, page 1 of 3 2/15/2022
JANUARY 2021 JANUARY 2021 JANUARY 2022. JANUARY 2022
FUND FUND DESCRIPTION FUND BALANCE TOTAL FUND BALANCE TOTAL % of Change
DEBT SERVICE FUNDS
3001 DS - 2005 TAXABLE POB 12,825,796.97 13,386,783.63
3002 DS - 99A PENSION OBLIG BOND 141,112.54 257,176.48
3003 DS - 95A SER REV REDG BDS
3005 DS-2007 REFNDING&CVC CTR (174,891.63) (291,662.56) Debt Service Funds Total 12,792,017.88 13,352,297.55 4.4%
ENTERPRISE FUNDS
4001 PORT OF RICHMOND 7,069,979.24 10,086,105.31
4003 WASTEWATER 51,419,387.66 43,227,259.93
4005 MARINA 4,121,049.03 4,466,781.31
4006 STORMWATER (24,109.53) 1,094,246.12
4007 UTL-ENCROC
4008 KCRT - CABLE TELEVIS 481,250.25 612,809.04
4009 PARKING AUTHORITY
4101 RHA-HSNG CHOICE VOUCHER-SEC & (3.213,173.07) (2,046,734.52) 4102 RHA-HOPE G (459,695.67) 275,141.12
4103 RHA-PROJECT REAL (40,216.09) (33,203.52)
4201 RHA-CAPITAL FUND 317,956.21 396,334.91
4401 RHA-HACIENDA (1,006,013.07) 1,316,773.97
4402 RHA-FRIENDSHIP MANOR (75,304.94) (14,439.98)
4403 RHA-TRIANGLE COURT (191,796.85) (73,168.83)
4404 RHA-NEVIN PLAZA (1,019,705.64) 1,950,116.13
4405 RHA-NYSTROM VILLAGE 1,529,618.84 3,220,590.69
4406 RHA-RICHMOND VILLAGE ONE 62,817.05 66,665.44
4407 RHA-RICHMOND VILLAGE TWO 69,617.81 91,194.00
4408 RHA-RICHMOND VILLAGE THREE 11,956.00 5,926.00
4409 RHA-LOCAL FUND 13,736.87 19,892.40
4501 RHA-CENTRAL OFFICE COST CNTR (3,073,889.36) (2,724,630.76) 4502 RHA - HSG CORP 4,758.87 78,269.87
Enterprise Funds Total 55,997,223.61 62,015,928.63 10.7%
INTERNAL SERVICE FUNDS
5001 INSURANCE RESERVES 49,032,208.20 46,007,446.69
5002 INFORMATION TECHNOLOGY
5003 EQUIPMENT SERVICES 2,469,932,13
5004 FACILITIES MANAGEMENT
5005 CAD DISPATCH SYSTEM :
5006 RMS RECORDS SERVICES
5007 800 MHZ TELECOM SYSTEM
5008 COMP ABSENCES 756,311.07 589,901.20
Internal Service Funds Total 51,241,842.54 49,067,280.02 -4.2%
TRUST & AGENCY FUNDS
6001 GENERAL TRUST & AGENCY 832.16 834.73
6002 JOHNSON TRUST 10,753.05 10,786.31
6003 CUBA FRIENDSHIP
6004 COMMISSION ON AGING 40,634.81 38,968.77
6005 SEAVER GALLERY TRUST FUND 68,811.35 139,676.01
6006 POLICE GENERAL TRUST 2,657,888.02 2,620,269.95
6007 SENIOR TRUST DEPOSIT 71,923.83 60,560.27
6047 CALPERS CERT ACCT 5,653,936.14 6,849,452.29
6048 OPE PL FUND 29,177,364.09 33,922,246.25
6049 PT MOLATE NAVY GRANT 2,357,084.58 2,105,570.31
6050 GENERAL PENSION FUND 1,247,931.46 854,535.85
6051 POLICE & FIRE PENSION 8,812,045.59 9,510,402.75
6052 GARFIELD PENSION FUND 269,732.63 219,755.19
6053 JPFA: 99 REV REFUND
6054 CUTTING CANAL.A.D. 8 :
6055 HILLTOP REDEMPTION F
6056 SAN PABLO 854 ASSES 264,480.56 265,298.80
6057 HARBOR NAVIGATION IM 178,434.59 178,986.63
6058 MARINA WESTSHORE DEB 715,247.08 700,312.66
6059 COUNTRY CLUB VISTA 1,310,689.14 1,510,460.95
6060 REASSESSMENT DISTRICT 2003-1 1,843,444.85 1,849,148.00 6061 REGLA CITY 1,380.12 1,380.12
6062 SHIMADA CITY 14,594.81 14,219.81
6064 ZHOUSHAN FRIENDSHIP COM. 288.71 1,288.71
6999 PAYROLL LIABILITIES FUND 2,208,598.15 (5,875,600.17) Trust & Agency Funds Total 56,906,095.72 54,988,554.19 -3.4%
SUCCESSOR AGENCY - FIDUCIARY FUNDS
6101 SA - PROPERTY TAX TRUST FUND 9,860,930.67 4,035,717.67 6102 SA-ADMINISTRATION 255,567.48 233,681.87
6103 SA-CAPITAL PROJECT FUNDS 11,428,627.52 6,575,393.66 Cash Bal by FUND January 2022, page 2 of 3 2/15/2022
JANUARY 2021 JANUARY 2021 JANUARY 2022 JANUARY 2022
FUND FUND DESCRIPTION FUND BALANCE TOTAL FUND BALANCE TOTAL % of Change 6104 SA-LOW/MOD INCOME HOUSING
6105 SA-WELLS FARGO 2002 LOAN
6106 EPA LN POL
6201 SA-CIP OOA TARB BND PRCDS-JPFA
6202 SA-CIP 0OB TARB BND PRODS-HSNG
6203 SA-CIP 03B TARB BND PRCDS
6204 SA-CIP 04A TARB BND PRODS
6205 SA-CIP 04A TARB BND PRODS-HSG
6206 SA-CIP 04B TARB BND PRODS-HSG
6207 SA-CIP OZA TARB BND PRCDS
6208 SA-CIP 07B TARB BND PRODS-HSG
6300 SA-DS HARBOR 98 TARB 1,244,973.38 1,243,277.86
6301 SA-DS 2000A TARB
6302 SA-DS 2000B TARB - HOUSING :
6303 SA-DS 2003A TARB
6304 SA-DS 2003B TARB 658,444.94 656,271.62
6305 SA-DS 2004A TARB 2/3 1,861,261.47 1,135,075.70
6306 SA-DS 2004A TARB -1/3 HSING 594,878.62 976,344.79
6307 SA-DS 2004B TARB - HOUSING 342,682.12
6308 SA-DS 2007/10A TARB 6,014,406.00
6309 SA-DS 2007/10B TARB - HOUSING 2,018,701.57 2,066,304.51 6401 SA-DS 2014A NON-TAXABLE BONDS 1,299,127.84 3,713,262.20 6402 SA-DS 2014B TAXABLE BONDS
6403 SA-DS LOANS PAYABLE
6404 SA-DS 2021 ANTB : 1,313,050.11
6405 SA-DS 2021 BTRB 9.020.05
6996 SUCCESSOR AGENCY - GLTDAG :
6997 SUCCESSOR AGENCY - GFAAG
Successor Agency - Fiduciary Funds 35,579,601.61 21,957,390.04 -38.29%
RHA CONVL FUNDS
8101 RHA CONVNL (2.215,969.76)
RHA Convni Funds ((2,215,969.76) -100.00%
TREASURER'S FUNDS
9999 TREASURER'S FUND - 22,678.27 10,605.96
Treasurer's Fund Total 22,678.27 10,605.96 -53.23%
TOTAL CASH 271,892,040.77 290,345,408.08 6.79%
Cash Bal by FUND January 2022, page 3 of 3 2/15/2022