My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Item 11 - Quarterly Report of Investments
Clerk
>
Agenda Packets / Staff Reports
>
City Council (2004 - Present)
>
2021
>
08/17/2021 Regular
>
Item 11 - Quarterly Report of Investments
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/17/2023 3:41:01 PM
Creation date
8/17/2023 3:40:58 PM
Metadata
Fields
Template:
City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Item #
11
Date
10/5/2021
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
11
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Finance and Management Services <br />www.santa-ana.org/finance <br />Item # 11 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br /> Staff Report <br />August 17, 2021 <br />TOPIC: Quarterly Report of Investments <br />AGENDA TITLE: <br />Receive and File Quarterly Report of Investments as of June 30, 2021 <br />RECOMMENDED ACTION <br />Receive and file quarterly report of investments as of June 30, 2021. <br />DISCUSSION <br />California Code Section 53646 (b) states that if a quarterly report is rendered to the <br />legislative body, the quarterly investment report shall be submitted within 30 days <br />following the end of the quarter covered by the report. In an effort to meet the statutory <br />requirement, Finance & Management Services Agency (“FMSA”) submits the Report via <br />email for review and distribution to the City Council in advance. The report was emailed <br />for distribution on July 26, 2021. The legislation specifies that this quarterly report contain <br />the seven major elements listed below: <br />1. Type of investments <br />2. Date of maturity <br />3. Par and dollar amounts invested in each security <br />4. Weighted average maturity of the investments <br />5. Market value as of the date of the report <br />6. Source of the market value information <br />7. Any funds, investments or programs, including loans, <br />under the management of contracted parties <br />These specifications include a statement outlining the ability of the City to meet the <br />budgeted expenditures for the subsequent six months be submitted to the City Council <br />on a quarterly basis. Staff performs an end-of-month expenditure analysis to comply with <br />the expenditure requirement and a statement confirming the ability to meet this <br />requirement in the monthly and quarter-ending Treasurer’s Report. The information is in <br />compliance with State law and the City’s Investment Policy. <br />The attached Treasurer’s Report (Exhibit 1) accurately reflects all pooled investments <br />held on behalf of the City as of June 30, 2021.
The URL can be used to link to this page
Your browser does not support the video tag.