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HomeMy WebLinkAbout1986-05-20; City Council; N/A; Report on City InvestmentsMTG. 5/20/86 REPORT ON CITY INVESTMENTS DEPT. TRS I CITY AlNW RECOMMENDED ACTION: 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 MAY 1, 1986 is as follows: Principal Amount CERTIFICATES OF DEPOSIT $34,607,000 FEDERAL GOV'T NOTES OR BONDS FEDERAL AGENCY NOTES OR BONDS 3 , 040 , 880' 2,842,125* LOCAL AGENCY INVESTMENT FUNDS 5,000 , 000 OTHER INVESTMENTS $ 323,856 TOTAL PORTFOLIO $45,813,861 These investments have been made in Average Int eres t Aver age Rate Term 8.60% 296 7.77% 856 8.48% 888 8.62% -- -- 6.3% -- 8.53 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 $ 4,267,564 in interest revenue. EXHIBITS: Detail listing of investments as of MAY 1, 1986. 1 Current Market Value = $3,096,969. Current Market Value = $2,950,998 of which $68,688 represents accrued interest to May 1, 1986. c a L a u z W E rl rl F *?.I c W el a a w X en m a a n I- Z W EI I- cn W > z - 9 m > E N 0 a -. ...... ...... .............................. OoO~O7O00~Oo0aO.a0oOo~o0o~0O~Oo 000000000000000000000000000000 0000000~0~~0000000u00000a000000 Z U oz JU 0 dd d dd rl zz Z uza az Z OUO oa a 0 J JOJ J a m N n m 0 u. 1O V ‘0 h M d n 0 0 u. y3 n m LIS c.l X U 0 y3 OD 0 0 0 0 0 n 0 ‘0, V P-7 J I- O I- I 3 Lo a m mch mm \\ OM NN \\ drl zz 00 33 00 uu LE’LE’ Vh mm m m ZZ 00 Ut) LLLL LLLL an ’. nn mm aa LLk mm mm ZZ r)r) om NN aa y3Q sn m ww ULL 1O1O NO mm m a3 m *I) * N 9 n 0 lr. fi 0 1 0 U irl d 9 9 X n n V m 0 0 LE’ N d N U N ? J X I- O I- I 3 Lo m y3 J\ m 0 0 0 0 m n M ‘0, m N m u. 4 ? a CF m X N n n n 00 rl 0 m ? 0 U 0 M J I- a E m 3 Ln xxx x 000 ip. O0N m 1Oo1O V 1O1Om m .... am0 d 440 M ._. . 000