HomeMy WebLinkAbout1992-03-03; City Council; 11575; REPORT ON CITY INVESTMENTS AS OF JANUARY 31, 1992.CITY F CARLSBAD - AGENDWILL 4
AB#,- REPORT ON CITY INVESTMENTS MTG. 2/25/92
TITLE:
DEPT. TRS AS OF JANUARY 31, 1992 CITY MGR-
RECOMMENDED ACTION:
Accept and file report
ITEM EXPLANATION:
State law requires the City Treasurer to 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 on investments held.
In summary, the City's investment portfolio as of January 31, 1992 is as follows:
Current Month Last Month
Cost of Investmeats 98,051,919 96,437,230
Market Value 99,936,057 98,376,177
Cash Income FY Year-to-Date 4,480,727 3,724,250
Average Yield 7.22% 7.39%
Average Life 1.53 Years 1.33 Years
All investments have been made in accordance with the City's Investment Policy
adopted January 2, 1985, and last revised January 21, 1992.
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This report includes for the first time a breakdown of the investment portfolio as
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investment report. e,
to fund sources. It will continue to be a feature of the City Treasurer's monthly
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FISCAL IMPACT:
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0 When held to maturity the above investments will yield $14,622,241 in interest
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Reconciliation of Fund Source to Investment Portfolio
January 31,1992
Cash Balance by Fund:
General
Special Revenue
Debt Service
Capital Projects
Enterprise:
Carlsbad Municipal Water District 18,254,000
Sewer Fund 14,090,000
Solid Waste 1 68,000
Golf Course 936,000 .
Total
Internal Service
Redevelopment funds
Trust funds
9,930,000
3,993,000
1,197,000
29,821,000
33,448,000
7,591,000
3,421,000
7,669,000
Total General Ledger Balance 97,070,000
Deposits in transits
Outstanding checks
Other
(36,000)
862,000
156,000
Total Treasurer's Investment Portfolio 98,052,000
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