HomeMy WebLinkAbout1996-01-09; City Council; 13452; REPORT ON CITY INVESTMENTS AS OF NOVEMBER 30, 1995A -I clly OF CARLSBAD - AGEQ.A BILL d/ /
AB# 1?!45L TlTLEl
MTG.
DEPT.
1/9/96 REPORT ON CITY INVESTMENTS
TRS AS OF NOVEMBER 30,1995
DEPT
CITY
CITY
RECOMMENDED ACTION:
Accept and file report
ITEM EXPLANATION:
The City’s Investment Policy 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 November 30, 1995 is as follows:
Investment Portfolio
Cost of Investments
Current Month Last Month
132,783,475 131,459,38:
Book Value of Investments* 134,585,084 133,214,75(
Market Value 134,374,363 132,708,86’
* Bookvalue is cost adjusted for amortized premium and discount.
Current Prior Current Montt-
Interest Income Month FYTD Month FYTD Income
Cash Income Fiscal Year-to-Date 3,033,846 2,706,193 327,651
Total Income Over The Life Of The 22,541,389 21,887,293 Investments If Held to Maturity
Investment Performance
Avg Life (Years) Average Yield
September 1.38 6.08%
October 1.38 6.06%
November 1.45 6.03%
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All investments have been made in accordance with the City’s investment policy adopted
accordance with the City’s investment policy. Events subsequent to the purchase might have
resulted in some investments not being in compliance with the current policy. These events are
typically a change in the City’s investment policy or a change in the credit rating subsequent to a
purchase. See Exhibit 5 for detail.
January 2, 1985 and last revised February 7, 1995. All investments were initially made in
Exhibits:
I. Investment Portfolio Breakdown By Cost, Market Value, Cash Income, and Average Yield
2. Investment Portfolio Breakdown of Maturities
3. Investment Report
4. Reconciliation of Fund Source to Investment Portfolio
5. Corporate Note Ratings
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Reconciliation of Fund Source to Investment Portfolio
November 30, 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
12,381,286
8,046,599
1,377,430
47,107,449
4 9,696,469
21,798,017
121,473
1,313,797
42,929,756
10,521,956
4,203,152
6,213,412
0
Total General Ledger Balance 132,781,040
Amortization of discounts and premiums
Deposits in transit
Outstanding checks
Wire in/(out) not recorded
Other
Net adjustments per bank statement
(1,691,446)
1,693,881
Total adjustments 2,435
Total Treasurer’s Investment Portfolio 132,783,475
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