HomeMy WebLinkAbout1986-03-18; City Council; N/A; Report on City Investments4B#
MTG. 3/18/86
DEPT. TRS
___ ~~
RECOMMENDED ACTION:
TITLE:
REPORT ON CITY INVESTMENTS
No action is required.
ITEM EXPLANATION:
State law requires that the City Treasurer report to
the City Council on a monthly basis the status of the
City's investment portfolio. This report is presented
to Council each month reporting on investments held on
the first day of the month.
In summary, the City's investment portfolio as of
March 1, 1986 is as follows:
Principal
Amount
CERTIFICATES OF DEPOSIT 33,107,000
BANKERS ACCEPTANCE NOTES --
FEDERAL AGENCY NOTES OR BONDS 3,875,048"
LOCAL AGENCY INVESTMENT FUNDS 5,00Oy0O0
OTHER INVESTMENTS
TOTAL PORTFOLIO
288 858
42,270,906
These investments have been made in
Average
Interest Average
Rate Term
a. 92% 299
8.41 770
9.17 --
6.65 --
accordance with the
City's investment policy adopted January 2, 1985, and
revised September 10, 1985.
FISCAL IMPACT:
When held to maturity, the above investments will yield
$ 3,858,217 in interest revenue.
EXHIBITS:
Detail listing of investments as of March 1, 1986.
* Current market value = $3,908,937 of which $26,688 constitutes accrued
interest to March 1, 1986.
44 -I -4
._. I
4 $4 I
i 1
I I
I
2 5 ai Jl
j; j
i i !!
I
I
ZI a 3
1
A/
Z x s -I
_.
4
I
z
0 -1
a I
I
3-4
, .N
w 9
L a
9 m
a W LL
n N
, ,
!
I
., ........................... n'm 0.0. a a -aim m m m m m 3. ct. Q m m m1ct.m CD 3. m m I) m m
I
m u. N
rv s.
n 4 *.
Tl U '0
LR .?
...
N 0
n
U
Y
-4 .
r,
'F:
N
Y \ 4 3
m
0 3
0 3 3
n n
-4 " rr\
J X
n I- I
3 cn
r
m
N 3. an
Y r,
rrl
d
-4
n .
N n
V -
N Lo
U rcr 4
9 U P
x l? 0 U
Io
0 m
n f =I > f 1 m
M
-.
I
j
I
I ,
I
-I T
0 t I iD 3
r