City of i
bichmd
Finance Department - Treasury Division
MEMORANDUM
To: Mayor and Members of the City Council
From: Delmy Cuellar, Director of Finance
Jerry Chak, Accounting Manager
Date: September 13, 2022
Subject: MONTHLY CASH BALANCES & INVESTMENT REPORT -
July 2022
Enclosed for your information are the Investment Report, Portfolio Summary, and Comparative Cash Report for the month of July 2022 prepared by the City Treasurer pursuant to the statutory requirements of City of Richmond
Investment Report for July 2022
Pooled Investment Portfolio Analysis
UNAUDITED
Book Value History
Investment Composition: (in millions)
Book Value of Investments Held 198,902,860.40
$250.0
Market Value of Investments Held 198,902,860.40 $224.1
Unrealized Gain (Loss) - amount $203.6$206.1
0.00% $200.0 $198.9
Unrealized Gain (Loss) - percentage
$148.3$155.4$152.4 $238, 45145. 5156.55164.65166.65164-1 $150.0
% Book Value $100.0
Federal Agency Securities 0.00%
CalTrust - Short Term Fund 62.29% 123,903,456.88
Local Agency Investment Fund (LAIF) 37.71% 74,999,403.52 $50.0 Certificates of Deposit 0.00%
Total Investments Held 100.00% 198,902,860.40 $0.0
July Aug Sept Oct Nov Dec Jan '22 Feb Mar Apr May June July '21 '21 '21 '21 '22 '22 '22 '22 '22 '22
Book Value by Investment Type
LAIF
Cash Summary: 74,999,403.52
38% _ Certificates of Deposit
Pooled Investments (Unrestricted) 198,902,860.40 / -
Fiscal Agent & Other Restricted Investments: 0%
City 35,298,838.72
Successor Agency to the RCRA 21,491,148.00 Federal Agency Securities
Total Fiscal Agent & Other Investments 56,789,986.72
Checking Accounts & Other Activity 53,129,755.03 • Federal Agency Securities Total Cash Balance (Fund detail attached) 308,822,602.15 • Money Market
•LAIF
Money Market
123,903,456.88 • Certificates of Deposit
62%
City of Richmond
City of Richmond Finance Department
-SymPro 450 Civic Center Plaza
FANTE Portfolio Management Richmond, Richmond, CA 94804 Portfolio Summary (510)620-6740
July 31, 2022
Investments Par Market Book Days to YTM/C YTMIC
Value Valu Value Portiolo Term Maturity 360 Equiv. 365 Equiv.
Local Agency Investment Funds 74,999,403.52 74,999,403.52 74,999,403.52 37.71 1 1.075 1.090 Money Markets 123,903,456.88 123,903,456.88 123,903,456.88 62.29 1 2.570 2.606 Investments 198,902,860.40 198,902,860.40 198,902,860.40 100.00% 1 1 2.006 2.034 Cash
assbook/Checkin 12,180,516.94 12,180,516.94 12,180,516.94 1 1 0.000 0.000 not included in yield calculation
Total Cash and Investments 211,083,377.34 211,083,377.34 211,083,377.34 1 1 2.006 2.034 Total Earnings July 31 Month Ending
Current Year 311,286.92
Average Daily Balance 245,980,821.69
Effective Rate of Return
The 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 yield as 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 has sufficient cash flow to cover anticipated expenditures through the next six months.
Dewelly 8/18/27
Delmy Cuellar, Director of Finance
Reporting period 07/01/2022-07/31/2022 Portfolio CITY
CP
Run Date: 08/11/2022 - 09:10 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
July 31, 2022
CUSIP Investment # Average Purchase Stated YTM/C Days to Maturity 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 98-07-724 1000 L.A.I.F. - City of Richmond 74,999,403.52 74,999,403.52 74,999,403.52 1.090 1.090 Subtotal and Average 75,017,851.66 74,999,403.52 74,999,403.52 74,999,403.52
1.090 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 1 SYS200601 200601 Cal Trust 123,903,456.88 123,903,456.88 123,903,456.88 2.570 2.606 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 147,482,122.31 123,903,456.88 123,903,456.88 123,903,456.88 2.606 1 Total and Average 245,980,821.69 198,902,860.40 198,902,860.40 198,902,860.40 2.034 1 Portfolio CITY
CP
Run Date: 08/11/2022 - 09:10
PM (PRF_PM2) 7.3.11
Report Ver. 7.3.11
City of Richmond
Portfolio Management Page 2
Portfolio Details - Cash
July 31, 2022
Average Purchase Stated YTM/C Days to
CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate S&P 365 Maturity Cash In Banks
Mechanics Bank 12,180,516.94 12,180,516.94 12,180,516.94 0.000 1 SYS200723 200723
Average Balance 0.00 1
Total Cash and Investments 245,980,821.69 211,083,377.34 211,083,377.34 211,083,377.34 2.034 Portfolio CITY
CP
Run Date: 08/11/2022 - 09:10 PM (PRF_PM2) 7.3.11
City of Richmond
Portfolio Management
Investment Status Report - Investments Page 1
July 31, 2022
Stated Maturity Purchas YTM/C LYTM/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 0.00 0.278 0.274 0.278 11/30 - Quarterly 0.00 0.00 98-07-724 74,999,403.52 1.090 1.075 1.090 07/01 - Quarterly 74,999,403.52 74.999.403.52 Local Agency Investment Funds Totals 74,999,403.52 1.075 1.090 0.00 74,999,403.52 74,999,403.52 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 - Monthiy 0.00 0.00 SYS200601 200601 CALTRU 123,903,456.88 2.570 2.570 2.606 07/01 - Monthly 123,903,456.88 123,903,456.88 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 0.00 Money Markets Totals 123,903,456.88 . 2.570 2,606 0.00 123,903,456.88 123,903,456.88 Investment Totals 198,902,860.40 2.006 2.034 0.00 198,902,860.40 198,902,860.40 Porfolio CITY
CP
Run Date: 08/11/2022 - 09:10 PM (PRF_PMS) 7.3.11
Report Ver. 7.3.11
City of Richmond
Portfolio Management
Investment Status Report - Cash Page 2
July 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 Cash In Banks
SYS200723 200723 MECHBK 12,180,516.94 0.000 0,000 07/31 - Monthly 12,180,516.94 12,180,516.94 Cash Totals 12,180,516.94 0.00 12,180,516.94 12,180,516.94 Total Cash and Investments 211,083,377.34 2.006 2.034 0.00 211,083,377.34 211,083,377.34 Portfolio CITY
CP
Run Date: 08/11/2022 - 09:10 PM (PRF__PMS) 7.3.11
CITY OF RICHMOND
CASH BALANCES BY FUND
COMPARATIVE REPORT - JULY 2021 AND JULY 2022
JULY 2021 JULY 2021 JULY 2022
FUND FUND DESCRIPTION FUND BALANCE TOTAL FUND BALANCE JULY 2022 TOTAL % of Changs
GENERAL FUND
0001 2 GENERALFUND 42,245,178.17 76,625,273.39
General Fund Total 42,245,178.17 76,625,273.39 81.4%
SPECIAL REVENUE FUNDS
1001 SECURED PENSION OVERRIDE (11,650,748.42) (17,350,989.00) 1002 STATE GAS TAX 907,092.45 847,243.71
1003 TRANSPORTATION OPERATIONS 371,963.41 (41,369.73)
1004 ASSET SEIZURE FUND 309,504,89 323,574.23
1005 LIBRARY FUND 365,062.44 424,573.63
1006 OUTSIDE FUNDED SVCS - GRANTS 322,575.33 2,035,575.15 1007 EMERGENCY MED SERV 438,185.20 460,458.87
1008 PT MOLATE SEC & MAINT
1009 VEOLIA MITIGATION 250,409.55 276,330.25
1010 N.RICHMOND WASTE (105,950.09) (109,436.55)
1011 OUTSIDE FUNDED SVCS - DONATION 6,721.30 6,744.57
1012 HILLTOP LANDSCAPE MAINT DIST 352,609.64 509,509.81 1013 HAZMAT FUND (29,571.25) 71,893.46
1014 EDA GRANT FUND
1015 MARINA BAY LNDSCP & LIGHT DIST 922,908.99 834,395.98 1016
1017 CHEVRON MODERNIZATION PROJECT 15,655,832.10 16,762,645.44 1018 RENT CONTROL 1,715,447.00 1,178,190.04
1019 GAS TAX SEC 201 2,714,616.54 3,221,976.28
1050 CR-PLANNING & BUILDING 5,044,366.64 10,593,134.88
1051 CR-ENGINEERING (2,961,904.89) (2,846,996.89)
1053 CR-CODE ENFORCEMENT (211,677.83) (211,677,83)
1054 ENGINEERING GRANTS (2,353,750.87) (6,454,898.72)
1055 ENCROACHMENT SERVICES 1,571,510.49 2,150,507.74
1056 RENT CONTROL
1200 HOUSING ADMINISTRATION 143,509.82 406,927.29
1201 CDBG 1,527,513.12 1,273,644.22
1202 HOME PROGRAM 893,429.50 417,743.38
1203 NEIGHBORHOOD STABILIZATION 123,019.12 80,542.57
1204 CDBG RECOVERY
1205 EMPLOYMENT & TRAINING 2,179,590.49 1,053,068.95
1206 CDBG HOMELESS PREV RAPID RESP
1207 COR-NEIGHBORHOOD STAB(CITY) (96,580.31) (103,643.27) 1208 SUCCESSOR HOUSING AGENCY 1,672,412.13 2,282,709.99 1209 CAL-HOME GRANT FUND 752,326.07 944,979.79
1302 HOUSING IN LIEU 2,890,534.93 2,583,150.79
1303 KIDS FIRST 334,828.13 1,385,812.15
1304 EMERGENCY RECOVERY (269,964,94) (71,613.77)
1305 PUBLIC ART 521,245.30 1,059,281.16
1306 ARPA 13,443,950.60
Special Revenue Funds 24,307,065.88 37,437,939.27 54%
CAPITAL PROJECT FUNDS
2001 GENERAL CAPITAL FUND 3,005,395.42 2,668,360.32
2002 MEASURE J 98,237.96 2,584,044.58
2003 CIP LSE REV BOND 01
2004 CIVIC CENTER
2006 PARKS FUND
2007 HARBOR FUND
2008 TRANSPORTATION FUND
2009 STATE HIGHWAY FUND
2110 IMPACT FEE - PARKS 166,934.45 155,945.84
2111 IMPACT FEE - TRAFFIC 1,140,953.20 977,074.82
2113 IMPACT FEE - FIRE 187,440.49 82,295.42
2114 IMPACT FEE - POLICE 426,548.67 584,427.95
2115 IMPACT FEE - COMM/AQUATC 502,258.52 509,421.78
2116 IMPACT FEE - PARKS/OPEN 2,865,311.21 2,944,279.60
2117 IMPACT FEE - LIBRARY 1,618,229.27 1,663,890.66
2118 IMPACT FEE - HILLTOP 31,562.27 31,672.00
2119 IMPACT FEE - STORM DRAINAGE 686,275.31 808,042.76
2120 IMPACT FEE - WASTEWATER 2,533,611.87 2,157,449.60
2125 SECTION 108 IRON TRIANGLE 286,687.59 259,770.88
2126 HOUSING CIP FUND (166,431.90) (166,431.90)
Capital Project Funds Total 13,428,473.81 15,305,861.85 14.0% Cash Bal by FUND July 2022, page 1 of 3 8/15/2022
JULY 2021 JULY 2021. JULY 2022
FUND FUND DESCRIPTION FUND BALANCE TOTAL FUND BALANCE JULY 2022. TOTAL % of Change
DEBT SERVICE FUNDS
3001 DS - 2005 TAXABLE POB 11,841,233.32 12,781,802.05
3002 DS - 99A PENSION OBLIG BOND 1,101,229.85 809,730.35 3003 DS - 95A SER REV REDG BDS
3005 DS-2007 REFNDING&CVC CTR 1,156,098.88 1,086,263.94 Debt Service Funds Total 14,098,562.05 14,677,796.34 4.1%
ENTERPRISE FUNDS
4001 PORT OF RICHMOND 3,504,355.48 6,586,095.80
4003 WASTEWATER 50,999,570.24 44,506,802,48
4005 MARINA 4,215,059.32 4,492,277.30
4006 STORMWATER 872,649.33 1,450,257.36
4007 UTL-ENCROC
4008 KCRT - CABLE TELEVIS 607,634.00 880,165.59
4009 PARKING AUTHORITY
4101 RHA-HSNG CHOICE VOUCHER-SEC & (2,045,325.25) 718,873.37 4102 RHA-HOPE 6 275,141.12 275,141.12
4103 RHA-PROJECT REAL. (33,203.52) (33,203.52)
4201 RHA-CAPITAL FUND 524,368.30 272,327.34
4401 RHA-HACIENDA 1,316,773.97 1,306,521.67
4402 RHA-FRIENDSHIP MANOR (14,439.98) (14,439.98)
4403 RHA-TRIANGLE COURT (73,168.83) (73,168.83)
4404 RHA-NEVIN PLAZA 1,879,994.67 120,797.65
4405 RHA-NYSTROM VILLAGE 3,032,048.64 1,882,111.65
4406 RHA-RICHMOND VILLAGE ONE 66,665.44 59,324.92
4407 RHA-RICHMOND VILLAGE TWO 91,194.00 91,194,00
4408 RHA-RICHMOND VILLAGE THREE 5,926.00 5,926.00
4409 RHA-LOCAL FUND 19,892.40 19,892.40
4501 RHA-CENTRAL OFFICE COST CNTR (2,692,834.32) (2,789,185.05) 4502 RHA - HSG CORP 4,758.87 144,676,54
Enterprise Funds Total 62,556,059.88 59,902,387.81 -4.2%
INTERNAL SERVICE FUNDS
5001 INSURANCE RESERVES 50,650,700.99 43,912,348.89
5002 INFORMATION TECHNOLOGY
5003 EQUIPMENT SERVICES 1,582,929.67 3,812,265.78
5004 FACILITIES MANAGEMENT
5005 CAD DISPATCH SYSTEM :
5006 RMS RECORDS SERVICES
5007 800 MHZ TELECOM SYSTEM
5008 COMP ABSENCES 786,386.01 928,527.69
Internal Service Funds Total 53,020,016.67 48,653,142.36 -8.2%
TRUST & AGENCY FUNDS
6001 GENERAL TRUST & AGENCY 833.38 836.27
6002 JOHNSON TRUST 10,768.78 10,806.23
6003 CUBA FRIENDSHIP
6004 COMMISSION ON AGING 40,057.23 38,081.80
6005 SEAVER GALLERY TRUST FUND 68,912.05 287,999.03
6006 POLICE GENERAL TRUST 2,593,769.74 2,688,817.80
6007 SENIOR TRUST DEPOSIT 63,572.03 61,114.72
6047 CALPERS CERT ACCT 6,307,878.72 8,197,526.05
6048 OPE PLUND 32,439,801.85 31,123,968.58
6049 PT MOLATE NAVY GRANT 2,265,747.53 1,458,784.95
6050 GENERAL PENSION FUND 1,060,379.95 1,200,140.54
6051 POLICE & FIRE PENSION 9,531,379.56 8,143,084.19
6052 GARFIELD PENSION FUND 244,929.74 218,591.97
6053 JPFA: 99 REV REFUND
6054 CUTTING CANAL A.D. 8 :
6055 HILLTOP REDEMPTION F
6056 SAN PABLO 854 ASSES 264,867.65 265,788.50
6057 HARBOR NAVIGATION IM 178,695.75 179,316.99
6058 MARINA WESTSHORE DEB 792,419.76 791,296.68
6059 COUNTRY CLUB VISTA 1,626,246.63 927,111.34
6060 REASSESSMENT DISTRICT 2003-1 1,846,142.93 1,852,561.13 6061 REGLA CITY 1,080.12 1,126.12
6062 SHIMADA CITY 14,594.81 14,746.41
6064 ZHOUSHAN FRIENDSHIP COM. 1,288.71 2,288.71
6999 PAYROLL LIABILITES FUND (20,620,239.35) (23,864,008.06) Trust & Agency Funds Total 38,733,127.57 33,599,979.95 -13.3%
SUCCESSOR AGENCY - FIDUCIARY FUNDS
6101 SA - PROPERTY TAX TRUST FUND 2,843,388.27 1,692,358.17 6102 SA-ADMINISTRATION 407,529.30 189,263.20
6103 SA-CAPITAL PROJECT FUNDS 5,890,030.63 7,548,918.05 Cash Bal by FUND July 2022, page 2 of 3 8/15/2022
JULY 2021 JULY 2021 JULY 2022
FUND FUND DESCRIPTION FUND BALANCE TOTAL FUND BALANCE JULY 2022 TOTAL % of Change 6104 SA-LOW/MOD INCOME HOUSING
6105 SA-WELLS FARGO 2002 LOAN
6106 EPA LN POL
6201 SA-CIP 0OA TARB BND PRCDS-JPFA
6202 SA-CIP 00B TARB BND PRCDS-HSNG
6203 SA-CIP 03B TARB BND PRCDS
6204 SA-CIP 04A TARB BND PRCDS
6205 SA-CIP 04A TARB BND PRCDS-HSG
6206 SA-CIP 04B TARB BND PRCDS-HSG
6207 SA-CIP O7A TARB BND PRODS
6208 SA-CIP 07B TARB BND PRCDS-HSG
6300 SA-DS HARBOR 98 TARB 1,181,094.86 1.212,980.08
6301 SA-DS 2000A TARB
6302 SA-DS ZOCOB TARB -HOUSING :
6303 SA-DS 2003A TARB
6304 SA-DS 2003B TARB 1,663,306.11 1,688,717.89
6305 SA-DS 2004A TARB 2/3 1,703,256.67 1,646,182.93
6306 SA-DS 2004A TARB -1/3 HSING 515,771.95 889,316.28
6307 SA-DS 2004B TARB- HOUSING
6308
6309 SA-DS 2007/10B TARB - HOUSING 2,018,884.59 3,213,231.44 6401 SA-DS 2014A NON-TAXABLE BONDS 3,510,651.69 3,506,348.06 6402 SA-DS 2014B TAXABLE BONDS
6403 SA-DS LOANS PAYABLE
6404 SA-DS 2021 ANTB 392,152.02 1,023,413.43
6405 SA-DS 2021 BTRB 4,986.98
6996 SUCCESSOR AGENCY - GLTDAG 10183745
6997 SUCCESSOR AGENCY - GFAAG
Successor Agency - Fiduciary Funds 21,144,403.75 22,615,716.51 6.96%
RHA CONVL FUNDS
8101 RHA CONVNL
RHA Convni Funds 0.00%
TREASURER'S FUNDS
9999 TREASURER'S FUND - 107,986.31 4,504.67
Treasurer's Fund Total 107,986.31 4,504.67 -95.83%
TOTAL CASH 269,640,874.09 / 308,822,602.15 14.53%
Cash Bal by FUND July 2022, page 3 of 3 8/15/2022