HomeMy WebLinkAbout1994-08-02; City Council; 12804; REPORT ON CITY INVESTMENTS AS OF JUNE 30, 1994d" ,7 A * OF CARLSBAD - AG
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 investlment portfolio as of June 30, 1994 is as follows:
Current Month Last Month
Cost of Investments 1 17,940,996 118,583,l 18
Market Value 117,886,378 118,970,155
Cash Income Year-to-Date 6,124,488 5,812,145
Average Yield 5.89% 5.94%
Average Life 1.65 years 1.63 years
All investments have been made in accordance with the City's investment pcolicy adopted
January 2,1985, last revised January 26,1993, and last reviewed January 25,1994.
When held to maturity the above investments will yield $21,226,375.10 in interest income.
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1. Investment Reports (4)
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Reconciliation of Fund Source to Investment Portfolio
June 30, 1994
Cash Balance by Fund:
General
Special Revenue
Debt Service
Capital Projects
12,751,000
6,415,000
1,163,000
38,076,000
Enterprise:
Carlsbad Municipal Water District
Sewer Fund
Solid Waste
Golf Course
Total
Internal Service
Redevelopment Funds
Trust Funds
Misc. Special Funds
16,320,000
17,415,000
73,000
1,954,000
35,762,000
10,612,000
4,609,000
6,822,000
0
Total General Ledger Balance 1 16,210,000
Deposits in transit
Outstanding checks
Wire in/(out) not recorded
Other
HUD Funds
(261,981)
1,420,995
0
(36,530)
570,516
Payroll adjustment 0
Total Treasurer’s Investment Portfolio 11 7,903,000
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