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HomeMy WebLinkAbout1995-03-21; City Council; 13060; REPORT ON CITY INVESTMENTS AS OF FEBRUARY 28, 1995REPORT ON CITY INVESTMENTS AS OF FEBRUARY 28,1995 I I I ~RECO"ENDED ACTION: ~~ ~ ~~ I Accebt and file repart E 2 6 8 F z 3 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 February 28, 1995 is as follows: Cost of Investments Current Month Last Month 122,732,253 122,755,062 Market Value 120,558,268 121,812,215 Cash Income Fiscal Year-to-Date 4,798,302 4,443,297 Average Yield 6.08% 5.95% Average Life 1.36 years 1.39 years All investments have been made in accordance with the City's investment policy adopted January 2,1985, last revised January 26,1993, and last reviewed January 25,1994. When held to maturity the above investments will yield $23,188,633.06 in interest income. Investments maturing within 1 year represent 46% of the portfolio, below the goal of 50%. This is a temporary situation caused by reclassifying the county pool investment from a maturity within 1 year to an investment maturing from 1 to 3 years. This will self correct as maturities shorten and as new cash is received (property tax, sales tax, fees,etc.). It is anticipated that this should occur prior to the end of this fiscal year. EXHIBIT: 1. Investment Reports (4) I 0 0 Inw %S v $8 &E E5 aU 32 UW ml k< $5 2% 22 5: zlrr 3s Z$ SE $5 g8 zs ai= 04: -lo &a +> =-I (00 om l s P 8 2 P !!i t 10 e m : > m P - 5 > z 7 F 5 0 I I I 0 I 0 I I I 0 I i 0 I cu m In 2 In a- - I 0 I 0 I I m In ; a, T- N 0 I I I 0 I 0 I I In a E m- r" r- In m Y rn 0. In 0 F (D r- (D a m cu r-- 0 m Lo. i? 0) r- d 6 0- In r- 2 (D 5 Lo '4 d CD ea (D 0 '9 rq 2 z d d ; '9 7 m d cu 8 (4 "- d m m cu 0 0 r- a '4 9 t In m cu r-- ? 5 0 d 'u. s I? z g K- =r lo cu 0 I I I 0 I (D r- x 7 5 v N d d t G d 0 I I I 0 I d d s s P COI In :/ In z I 0 I 8 i( In z d/ I g 2 m In (u m cu cu- r-- !2 E 6 9 s r-- cu d @" % 7- cu d r- m 4 % 2 In ap a % m 8 s i% P cu 0 gj P 0 8 P g 8 r In I- z 3 ' oz ZU 80 naz az5 +5g kg% Gm5 5$8 a$ I *WJ $+O 0'2 YC ?$$ $5 qc wzz I wz 00 k!p @g au p$ Ei$$ @EO ZiG suo Ill (0 w 0 zu g: g% (004 232 nys :5E PS8 WEW Fmo Ill -I 0 gB s:c yzY SG 5 s n 13 Pi 0 .. cn LsoF20 Q z?dgP 82 !? 0 0 r 2 *Q g .- L 2 (D Lnmcu 2 222 2551$ 10 o_ a >. .- In m ? % & 3 k? IT m u. 0 2 Q 9 L? 5 F 3 i n 0 I- > z 0 a a 2 0 8 $ 0 (0 3 0 iij 9 w > W 9 w G 2 d 5 2 r 2 3 s t Y oc a I I-- 0 w- 8 g iij ! LT m 0 F+ az so ?! 5 0 c S a, 52 2s r" z0 0> w 3 s t 2 Y U I- (01 O1 0 5 I 0 c S .- 8 5 s S c c ?! 5 0 5 H s .- b rt 5 2 ?! 5 s c S 0 J/ 0 0 I I I 0 I 0 I I I 0 I 0 I I Q I- (D (0 ? I 0 I m Lo ". o? 9 Y m In m In '4 o? 7 2 (4 In m a- 7 m In m In '4 0- 7 a s n! z 0 N r- 9 $! Y 0 I I 0 cu I-- cx E 7 I 0 I n 0 In 2 ? cu co d m (D 0 u? " (0 w cu m 9 Lo 2 (D m (D " e b- 10 m (D 7 ai k I- In oc I- m 9 (D d v) 7 a- cn (D - cu cu o! 9 t? 7 co 0 2 (0 CO In N- (D " Ne r a I- In zi 9 cn R 0 (D 2 (D 2 0 m I- In F? 9 7 e r- 8 E9 g 0 @l 0- 7 9 % G 9 In @? m N 7 In 0 -3 m W N (9 m z 0 m In (9 3 9 In- m OD (D u? iY rl $! (D I- cu O- 5 2 8 In- In N I-- 2 (D I- N ro 5 2 : 2 0 03 m N co_ m e m 8 7- 0 d d 9: G d $; m.? 0 52 m- d -3 9 G w I- 3 Y z a $1 d :I : % 8 $! PC 10 \ In \ 3 !/ s: z z ? A 0 B c z 3 0 0 co (D 9 cu 0 0) co d m- k ? n! cu a, Y- Y cu OD (D OD In cu- 0- 8 F i3 : 0- In In cu 7 B N! 1' N m cu c I? 8 gr a, P % P o! 'D x u) .- e 3 P c 0 -0 9 u) 3 m 5- 3 u) a >. 0 u) .- e a 9 * 0 0 Reconciliation of Fund Source to Investment Portfolio February 28,1995 Cash Balance by Fund: General Special Revenue Debt Service Capital Projects Enterprise: Carlsbad Municipal Water District Sewer Fund Solid Waste Golf Course Total Internal Service Redevelopment Funds Trust Funds Misc. Special Funds 14,298,000 6,588,000 1,021,000 40,213,000 19,165,000 18,913,000 11 1,000 2,365,000 40,554,000 10,086,000 4,136,000 5,708,000 0 Total General Ledger Balance 122,604,000 Deposits in transit Outstanding checks Wire in/(out) not recorded Other Payroll adjustment Total adjustments 168,000 Total Treasurer’s Investment Portfolio 122,772,000 "Owe4 rwrr u$:2 0 0 h VILh 5? 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