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Agenda Packet_2023-08-29
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Agenda Packet_2023-08-29
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8/25/2023 11:45:59 AM
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Agenda Packet
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8/29/2023
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Quarterly Report of Investments <br />August 29, 2023 <br />Page 3 <br />3 <br />6 <br />8 <br />7 <br />The following two tables represent, as of June 30, 2023: (1) the aggregate Average <br />Market Yield To Date (AMTD); and (2) the breakdown of by investment type. <br />Aggregate Average Market Yield To Date <br />Average Month To Date (AMTD)1.877% <br />Investments Book Value of Investments YTM % of Portfolio <br />Certificates of Deposit $6,696,000 1.181%1.19%0.014% <br />LAIF $73,244,242 3.167%13.20%0.418% <br />LAIF (ARPA)$59,582,074 3.167%10.77%0.341% <br />Federal Agency Securities $410,153,770 1.436%73.07%1.049% <br />U.S. Treasury $9,915,500 3.100%1.77%0.055% <br /> $559,591,586 1.877%100%1.877% <br />Cash held by Bank and Cash by Fund(s) Listing (Exhibit 2) <br />The above-referenced exhibit (Exhibit 2) includes a comparison of bank balances <br />between each City Cash account including Investments; Cash held at a City designated <br />financial institution; Cash on Hand; and Restricted Cash versus the Cash held by <br />various Fund(s). <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action. <br />EXHIBIT(S) <br />1. Treasurer’s Report <br />2. Cash Held by Bank and Cash Fund(s) Listing <br />Submitted By: Kathryn Downs, FMSA Executive Director <br />Approved By: Kristine Ridge, City Manager <br /> <br /> <br />City Council 5 – 3 8/29/2023
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