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Agenda Packet_2023-03-07
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Agenda Packet_2023-03-07
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Clerk of the Council
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3/7/2023
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Quarterly Report of Investments <br />March 7, 2023 <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 December 31, <br />2022. <br />Type of Investment <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 />1.38% <br />30% <br />30% <br />Federal Farm Credit Bank FFCB <br />$57,912,510 <br />11.93% <br />None <br />None <br />Federal Home Loan Bank FHLB <br />$225,225,370 <br />46.41 % <br />None <br />None <br />Federal Home Loan Mortgage Corp.FHLMC) <br />$44,993,750 <br />9.27% <br />None <br />None <br />Federal National Mortgage Association FNMA <br />$59,956,530 <br />12.35% <br />None <br />None <br />Local Agency Investment Fund LAIF <br />$18,811,639 <br />3.88% <br />None <br />None <br />Local Agency Investment Fund LAIF — ARPA <br />$66,706,745 <br />13.75% <br />None <br />None <br />U.S. Treasury <br />$4,990,000 <br />1.03% <br />None <br />None <br />Sub- Total: <br />$485,292,544 <br />100% <br />None <br />None <br />Cash : <br />$30,998,545 <br />Total: <br />$516,291,089 <br />Restricted Cash <br />In $ <br />Restricted Cash t, <br />$12,733,417 <br />Total <br />$12,733,417 <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 />ecuve Invesmmeni <br />U.S. Treasury. <br />1.03% <br />Local Agency Investment <br />Fund (ARPA) <br />13.75% <br />Local Agency Investment Fund <br />(LAIF) <br />as oT UecemDer .3-1. LULL. <br />City of Santa Ana <br />Investment Portfolio <br />December 31, 20 <br />Federal National lop <br />Mortgage Association I <br />(FNMA) Federal Home Loaa <br />12.35% Mortgage Corp. (FHLMC) <br />9.27% <br />Certificates of Deposit <br />(CD) <br />1.38 % <br />Federal Farm Credit Bank <br />(FFCB) <br />11.93% <br />Federal Home Loan <br />Bank (FHLB) <br />46.41% <br />City Council 6-2 3/7/2023 <br />
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