CITY OF VERNON
CASH AND INVESTMENTS REPORT
FOR THE QUARTER ENDED
SEPTEMBER 30, 2023
TABLE OF CONTENTS
• Cash and Investments Report - Summary for the Quarter Ended September 30, 2023 • Statement of Compliance of Quarterly Investment Report to City Investment Policy • Statement of ability to meet budgetary expenditure requirements for the next six months
Cash and Investments Report - Detail Schedule for the Quarter Ended September 30, 2023 City of Vernon
Report of Cash and Investments - Summary
For the Quarter Ended September 30, 2023
Amount Market
Type of Investment Issuer PAR Invested Value Market Price Source Cash and Money Market Funds East West Bank $ 37,406,827 $ 37,406,827 37,406,827 East West Bank State Treasurer Pool "LAIF" State Treasurer LAIF 651,313 530,000 628,084 Local Agency Investment Fund Trust Accounts Bank of New York Mellon Trust Company 36,427,615 36,427,615 36,427,615 Bank of New York Mellon Escrow Accounts Bank of New York Mellon Trust Company 59,965,662 59,965,662 59,965,662 Bank of New York Mellon Cash and Money Market Funds Stifel, Nicolaus & Company 15,771,017 15,771,017 15,771,017 Stifel, Nicolaus & Company US Treasury Bill U.S. Department of the Treasury 20,000,000 19,469,469 19,661,200 Stifel, Nicolaus & Company Certificate of Deposit See the attached detail schedule 5,668,000 5,657,315 5,606,940 Stifel, Nicolaus & Company US Government Agency Bonds See the attached detail schedule 54,477,000 54,359,120 53,940,925 Stifel, Nicolaus & Company Municipal Bonds San Diego County 685,000 629,552 611,924 Stifel, Nicolaus & Company Total Cash and Investments $ 231,052,435 $ 230,216,578 $ 230,020,195 Compliance Statement:
The above portfolio is in compliance with the City's Annual Statement of Investment Policy and has the ability to meet its budgetary expenditure requirements for the next six months.
City of Vernon
Report of Cash and Investments - Detail Schedule
For the Quarter Ended September 30, 2023
FINANCIAL CUSIP PURCHASE DATE OF AMOUNT MARKET INTEREST
INSTITUTION INVESTMENT TYPE INVESTMENT NAME NUMBER DATE MATURITY (PAR) INVESTED VALUE RATE, Cash N/A N/A N/A 26,447,910.14 0.75%
FSA Account Cash N/A N/A N/A 23,957.60 0.75%
Payroll Cash N/A N/A N/A 819.34 $ 819.34 0.76%
Cash N/A N/A N/A 489,592.92 0.75%
N/A N/A N/A 6.36 6.36 6.36 2.07%
ments N/A N/A N/A 616.54 616.54 616.54 2.07%
N/A N/A N/A 445,604.22 2.07%
N/A N/A N/A 15,812.33 2.07%
N/A N/A N/A 5,259.40 2.07%
SCWP N/A N/A N/A 10,551.37 2.07%
Cash N/A N/A N/A 1.00 1.00 1.00 0.00%
Cash N/A N/A N/A 2.07%
N/A N/A N/A 2.07%
N/A N/A N/A 0.00%
$
Local Agency Investment Fund Pooled Money Investment Account N/A 9/30/2003 3.53% Vernon 21 Electric Cap Improv Fd Cash N/A N/A N/A $ 0.00% Vernon 20 Wtr Acquisition FD Money Market Mutual Funds Dreyfus Try Sec CM Admin 582 X9USDTVM2 N/A 4.87% Vernon 20 Wtr Interest Account Money Market Mutual Funds Dreyfus Trsy Sec CM Admin 582 X9USDTVM2 N/A 4.87% Vernon 20 Wtr Revenue Fund Money Market Mutual Fund: Dreyfus Trsy Sec CM Admin 582 X9USDTVM2 N/A 0.70 0.70 $ 0.70 4.29% Vernon 20 Electric Cap Improv Money Market Mutual Funds Dreyfus Try Sec CM Admin 582 X9USDTVM2 N/A 4.87% Vernon Ele Rev 09 Debt Serv Reserve Money Market Mutual Funds Goldman Financial SQ Govt X9USDGFSG N/A 4.77% Vernon Ele Rev 09 Debt Service Fund Money Market Mutual Funds Goldman Financial SQ Govt X9USDGFSG N/A 4.77% ork Mellon Trust Company (Trust Accounts)
City of Vernon Escrow Account Money Market Mutual Funds Invesco Government Agency Private X9USDAIMP N/A 4.76% Vernon Esc '06 Lt & Pwr Stabilization A Money Market Mutual Funds Invesco Government Agency Private X9USDAIMP N/A 4.76% City of Vernon Unrestricted Dep AC Money Market Mutual Funds Morgan Stanley Govt Instl 8302 X9USDMOR3 N/A 4.99% in Trust Comnanv (Escrow Accounts)
N/A N/A 5.14%
9127962Y8 5.50%
87868YAN3 5.05%
219232CR4 5.00%
071811AT1 5.01%
07833E4K3 5.04%
Union 17858 LABO 5.75%
071818C7 us us on 5.05%
898812AB8 5.02%
065847FP5 5.14%
City of Vernon
Report of Cash and Investments - Detail Schedule
For the Quarter Ended September 30, 2023
INANCIA CUSIP PURCHASE DATE OF FACE VALUE AMOUNT MARKET INTEREST NSTITUTIO! ACCOUNT NAME INVESTMENT TYPE INVESTMENT NAME NUMBER DATE MATURITY (PAR) INVESTED VALUE RATE Stifel, Nicolaus & Company City of Vernon Certificate of Deposit GHS Federal CU 36266LAB2 08/02/23 08/17/28 S 249,000.00 $ 249,000.00 $ 249,102.09 5.60% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit PIMA Federal CU 722000AB2 08/02/23 08/17/27 S 249,000.00 $ 249,000.00 $ 246,671.85 5.05% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Greenstate Credit Union 39573LEL8 08/18/23 08/29/28 $ 249,000.00 $ 249,000.00 $ 245,817.78 5.06% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Lincoln Park Community CU 534574AC2 08/18/23 08/28/28 $ 249,000.00 249,000.00 245,820.27 5.06% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Maine Savings Federal CU 560507AR6 08/18/23 08/25/28 S 249,000.00 249,000.00 244,219.20 4.94% Stifel, Nicolaus & Company City of Veron Certificate of Deposit Valleystar Credit Union 92023CAG8 08/18/23 08/30/28 $ 248,000.00 249,000.00 249,806.76 4.85% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Austin Telco Federal CU 052392CN5 08/25/23 01/27/28 $ 248,000.00 246,473.59 243.052.40 4.85% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Blupeak Credit Union 09644EAH5 08/25/23 08/29/24 $ 249,000.00 249,000.00 249,072.21 5.70% Stifel, Nicolaus & Company City of Vernon certicate of Deposit Chartway Federal CU 16141BA04 08/25/23 09/08/27 $ 249,000.00 249,000.00 246,716.67 5.05% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Connexus Credit Union 20825WAC4 08/25/23 07/15/25 S 249,000.00 249,000.00 228,619.35 5.44% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Freedom Northwest CU 356436AN5 08/25/23 08/30/28 $ 249,000.00 249,000.00 247,757.49 5.53% Stifel, Nicolaus & Company City of Veron Certificate of Deposit Granite Federal CU 38731 MAAS 08/25/23 08/31/27 $ 249,000.00 249,000.00 246,261.00 5.01% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Hapo Community CU 41138NAB4 08/25/23 02/26/27 $ 249,000.00 249,000.00 246,420.36 5.05% Stifel, Nicolaus & Company City of Vernon Certificate of Deposit Trustone Financial CU 89841MAR8 08/25/23 08/29/24 $ 249,000.00 249,000.00 249,000.00 5.45% Stifel, Nicolaus & Company City of Veron Certificate of Deposit Umassfive College Fed CU 90407LAF0 08/25/23 08/29/24 $ 245,000.00 245,000.00 245,000.00 5.60% Stifel, Nicolaus & Company City of Vernon US Government Agency Bonds Fed Home Loan Mortgage Corp 3132XGUR5 08/03/23 05/01/28 $ 8,477,000.00 8,416,431.84 8,246,807.06 5.18% Stifel, Nicolaus & Company City of Vernon US Government Agency Bonds Fed Home Loan Bank 3130AUN03 08/17/23 02/21/24 $ 30,000,000.00 30,016,666.67 29.934,600.00 5.01% Stifel, Nicolaus & Company City of Vernon US Government Agency Bonds Fed Home Loan Bank 3130AWTX8 08/17/23 08/28/28 $ 5,000,000.00 5,000,000.00 $ 4,947,350.00 6.16% Stifel, Nicolaus & Company City of Vernon US Government Agency Bonds Federal National Mortgage Assn 3140LLEX5 08/22/23 08/01/28 $ 7,000,000.00 6,926,021.67 S 6.807 948.00 5.12% Stifel, Nicolaus & Company City of Vernon US Government Agency Bonds Fed Home Loan Mortgage Corp 3134H1AS2 08/25/23 09/13/28 $ 2,000,000.00 2,000,000.00 1,999,980.00 6.25% Stifel, Nicolaus & Company City of Veron US Government Agency Bonds Fed Home Loan Mortgage Corp 3134H18B8 08/25/23 09/22/28 $ 2,000,000.00 2,000,000.00 $ 2,004,240.00 5.99% Stifel, Nicolaus & Company City of Vernon Municina Konde San Diego County 797400LF3 08/31/23 04/01/28 $ 685,000.00 629,552.03$ 611,924.20 4.60% Stifel, Nicolaus & Company 96,601,017.48 $ 95,886,473.78 $ 95,592,007.13 Total Cash and Investments $ 231,052,435.07 $ 230,216,577.92 $ 230,020,195.41