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HomeMy WebLinkAbout4.02 Treasurer's Report 07-31-1986 ti r 3p_0,3 o M E M O R A N D U M TO: City Council FROM: City Manager SUBJECT: City Treasurer ' s Investment Report for Period Ending July 31, 1986. DATE: August 1, 1986 Attached is the Investment Report for the period ending July 31, 1986 . As indicated in the report, the City' s investment portfolio totals $17, 259, 999 . This represents a decrease of $500, 000 in the City' s investments as compared to last month. This decrease is primarily attributable to payment for work associated with the City' s Capital Projects as well as the City' s semi-annual lease payment for the Civic Center. The maturity schedule of the City' s investments will permit the City to meet its expenditure requirement for the upcoming month. ------------------------------------------- ITEM NO. ea COPIES TO: CITY OF DUBLIN CITY TREASURER'S INVESTMENT REPORT For Period Ending July 31, 1986 TYPE OF AMOUNT OF RATE OF DATE OF INSTITUTION INVESTMENT DEPOSIT INTEREST MATURITY ( 1) ( 2 ) State of California State Pooled $10 ,561 ,000 8 . 150% N/A Local Agency Investment Fund Money Investment Account Amador Savings & Loan Cert of Dep 100 , 000 8 . 500% 12/26/86 American Diversified Svgs Bank " " 100 ,000 9 .500% 9/10/86 Antelope Valley Savings & Loan to it 100 ,000 8 . 000% 4/23/87 Bank of Commerce if of 100 ,000 7 . 875% 4/17/87 .Bay View Federal Savings & Loan II of 100 ,000 8 . 625% 1/3/87 Bell Savings & Loan if " 100,000 9 .500% 11/12/86 Beverly Hills Savings & Loan if " 100 ,000 9 . 200% 2/17/87 Brentwood Square Savings & Loan if if 100, 000 9 . 000% 9/18/86 Brookside Savings & Loan of " 100, 000 8 . 250% 3/30/87 Butterfield Savings & Loan It " 99, 000 9 . 850% 8/1/86 Cal America Savings & Loan if " 100 , 000 9 . 400% 11/26/86 Camino Real Savings Bank if if 100 ,000 9 . 250% 12/4/86 Centennial Savings & Loan " If 100 ,000 9 . 500% 1/21/87 Central Savings & Loan it 100 ,000 9 . 250% 9/8/86 Centurion Savings & Loan 100 ,000 9 . 000% 12/19/86 Century City Savings & Loan 100 ,000 9 . 125% 1/22/87 Columbus Savings & Loan 100,000 9 .000% 9/24/86 Commercial Center Bank 100 , 000 8 . 700% 1/22/87 Consolidated Savings Bank 100,000 9 . 250% 9/25/86 Continental Savings & Loan 100 ,000 7 . 500% 4/3/87 County Savings Bank 100 ,000 9 . 500% ' 9/17/86 Deauville Savings & Loan 100 , 000 7 . 875% 6/2/87 Del Amo Savings & Loan 100 ,000 8 . 750% 12/19/86 Equitec Savings Bank 100 , 000 8 . 880% 1/20/87 Escondido Savings & Loan 100 ,000 9 . 250% 9/18/86 Eureka Federal Savings & Loan 100 ,000 9 . 250% 8/22/86 Farmer Savings Bank 100 ,000 9 . 500% 9/9/86 Far West Savings & Loan 100,000 8 . 000% 3/19/87 Fidelity Federal Savings & Loan 100 ,000 8 . 300% 3/25/87 Financial Savings & Loan 100,000 8 . 900% 12/19/86 First Federal Savings Bank 100 ,000 7 . 450% 7/21/87 First Federal S&L San Gabriel Vly of If 99 , 999 8 . 100% 4/15/87 Flagship Federal Savings & Loan " It 100,000 9 . 500% 9/24/86 Gateway Savings Bank 100 ,000 9 . 250% 2/11/87 Gibraltar Savings & Loan 100 , 000 7 . 400% 4/21/87 Great American First Svgs Bank 100 ,000 7 . 650% 5/14/87 Hawthorne Savings & Loan 100 , 000 9 . 000% 10/21/86 Highland Federal Savings & Loan 100, 000 8 . 750% 12/23/86 Home State Savings & Loan 100 ,000 9 . 250% 8/22/86 Household Bank 100 ,000 9 . 050% 9/18/86 Independence Savings & Loan 100 ,000 8 . 800% 12/19/86 International Savings Bank 100, 000 7 . 900% 4/1/87 Investment Savings & Loan 100,000 9 . 250% 1/8/87 La Cumbre Savings Bank 100 , 000 -- 9 . 000% 12/26/86 Long Beach Savings & Loan 100 ,000 9 . 375% 9/24/86 TYPE OF AMOUNT OF RATE OF DATE OF INSTITUTION INVESTMENT DEPOSIT INTEREST MATURITY Merit Savings & Loan " " 100 ,000 7 . 2500 10/20/86 Newport Balboa Savings & Loan it If 100,000 8 . 600% 2/19/87 North America Savings & Loan If it 100 ,000 7 . 5000 8/20/86 North Coast Savings & Loan 100 ,000 8 . 750% 1/22/87 Pacific Coast Savings & Loan 100 ,000 7 .500% 4/17/87 Pacific Savings Bank 100, 000 8 . 350% 3/20/87 Point West Bank 100,000 9 . 000% 1/21/87 Placer Savings & Loan 100 ,000 7 . 875% 4/15/87 Pomona First Federal Savings 100 ,000 8 . 875% 1/20/87 Presidio Savings & Loan 100 , 000 9 . 375% 9/17/86 Provident Federal Savings & Loan 100 ,000 8 . 600% 1/21/87 San Francisco Federal S & L 100,000 7 . 750% 4/13/87 Santa Paula Savings & Loan 100,000 8 . 750% 12/16/86 Saratoga Savings & Loan 100 ,000 9 . 000% 11/26/86 Southwest Savings & Loan 100 ,000 9 . 250% 11/25/86 Sterling Savings & Loan 100,000 9 . 000% 9/26/86 Stockton Savings & Loan 100,000 7 . 750% 4/17/87 Sunrise Bank of CA 100 , 000 7 . 750% 4/27/87 Valley Federal Savings & Loan 100 ,000 7 . 900% 4/23/87 Western Financial Savings & Loan 100 ,000 8 . 500% 10/15/87 Westwood Savings & Loan 100 ,000 8 . 050% 7/15/87 Wilshire Savings & Loan 100 ,000 9 . 000% 12/23/86 Total Funds Invested $17 , 259,999 ( 1 ) The rate of interest on investments is calculated daily. Therefore, the rate identified above was effective on July 31 , 1986 . Interest income is paid quarterly and is determined based on the amount deposited and the length of time the deposit remained in the fund within that respective quarter . ( 2 ) There is no minimum investment period. Monies deposited for investment one day may be withdrawn the next day, with interest earned for one day.