1 $30,252,323
2 $26,802,502
Ratings
Investments: Agency 29.3% AA+
US Corporate 25.4% A+
US Treasury 25.3% AA+
Money Market Fund 0.4% AAA
ABS 8.9% AAA
Supranational 5.3% AAA
Muni Bonds 0.9% AA‐
CMO 4.5% AAA
Negotiated CD A‐1
3 48,781
4 240
Water revenue bonds ‐ 2012 1
Interest rate 0.01% at 12/31/21
Bank of Stockton
U S Treasury ‐ (fair value basis 1.0)
Interest rate 0.01% at 12/31/21
U S Bank
Water revenue bonds ‐ 2006
CSJVRMA Pool ‐ fair value
Bank of New York (book value ‐ $26,288,121)
Interest rate 1.28% at 12/31/21
U S Treasury ‐ (fair value basis 1.0)
Based upon the Treasurer’s report, the entire investment of the City of Ripon is in FULL COMPLIANCE with the 2003 City of Ripon Investment Policy and the California Government Code.
As of December 31, 2021, the City’s average interest rate for the last 12 months is 0.71%.
At the end of December 2021, City funds are held in the following investments as listed:
INVESTMENTS
State Treasurer ‐ LAIF ‐ (fair value basis 1.0)
Interest rate 0.23% at 12/31/21
CITY OF RIPON
Investment Policy
Quarterly Report
October 01, 2021 ‐ December 31, 2021
The City of Ripon’s investment policy was adopted by Resolution 96‐63 on June 18, 1996 and it has been amended by Resolution 03‐68 on August 19, 2003. This policy provides for the legislative body of a local agency to invest all money belonging to or in the custody of the local agency in accordance with the provisions of California Government Code Sections 5922, 53601 et seq., and 53635.
This quarterly review complies with all of the elements required by California Government Code Section 53646(b).
Investment Report
December 31, 2021
5 1
Total Investments $57,103,848
Lisa Roos
Respectfully Submitted,
Lisa Roos
City Clerk/Finance Director
U S Treasury ‐ (fair value basis 1.0)
Interest rate 0.00% at 12/31/21
U S Bank
Redevelopment agency 2020 tax allocation bonds
This report certifies that all investment actions executed prior to this report have been made in full C:\Users\lroos\Documents\Investment Reports\Investment report for Council.xlsx ‐ 2021.12.31