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Agenda Packet_2022-11-15
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Agenda Packet_2022-11-15
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Agenda Packet
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11/15/2022
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Quarterly Investment Report <br />November 15, 2022 <br />Page 2 <br />The attached Cash held by Bank and Cash held by Fund(s) Listing (Exhibit 2) is a <br />schedule of cash by funds added to the monthly and quarterly Report of Investments to <br />enhance FMSA's reporting and transparency. <br />The following two tables represent: (1) percentage limits set by the City's Investment <br />Policy and State Law and shows respective City investment portfolio investment types, <br />amounts, and percentages; and (2) the restricted cash balance as of September 30, <br />2022. <br />Type of Investment <br />yP <br />Amounts <br />Invested $ <br />Portfolio <br />% <br />COSA <br />Policy <br />Limits <br />State Law <br />Limits <br />Certificates of Deposit CDs <br />$6,696,000 <br />1.36% <br />30% <br />30% <br />Federal Farm Credit Bank FFCB <br />$60,409,210 <br />12.23% <br />None <br />None <br />Federal Home Loan Bank FHLB <br />$225,225,370 <br />45.62% <br />None <br />None <br />Federal Home Loan Mortgage Corp. (FHLMC) <br />$44,993,750 <br />9.11 % <br />None <br />None <br />Federal National Mortgage Association FNMA <br />$60,927,930 <br />12.33% <br />None <br />None <br />Local Agency Investment Fund LAIF <br />$18,206,879 <br />3.69% <br />None <br />None <br />Local Agency Investment Fund LAIF — ARPA <br />$72,515,236 <br />14.66% <br />None <br />None <br />U.S. Treasury <br />$4,990,000 <br />1.00% <br />None <br />None <br />Sub- Total: <br />$493,964,375 <br />100% <br />None <br />None <br />Cash : <br />$22,324,861 <br />Total: <br />$516,289,236 <br />Restricted Cash <br />In $ <br />Restricted Cash t, <br />$3,215,323 <br />Total <br />$3,215,323 <br />t Restricted cash is held by various Trustees such as Bank of New York Mellon; US Bank; Signature Bank; and <br />State of California Condemnation Fund. Restricted Cash is segregated from cash used for daily operations. <br />The following City investment portfolio graph represents percentages within the <br />respective investment types as of September 30, 2022. <br />City Council 7-2 11/15/2022 <br />
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