HomeMy WebLinkAbout4.4 Treasurer's Report 06-30-1991 w
CITY OF DUBLIN
AGENDA STATEMENT
MEETING DATE: July 8, 1991
SUBJECT :City Treasurer's Investment Report as of
June 30, 1991
EXHIBITS ATTACHED:City Treasurer's Investment Report prepared by
Phillip S. Molina.
RECOMMENDATION :Accept the Treasurer's Investment Report.
Attached is the Investment detail list as of June 30, 1991. The report shows
that the City's investment portfolio totals $16,905,000. This is a decrease of
$400,000 in amounts invested when compared to the City's investments of last.
month. The decrease is due to the extra warrant register issued for the annual
debt service payments of the San Ramon Assessment District plus the $685,323.80
check issued in June to Alameda County Treasurer's Office for Police services
for the third quarter.
Note that the rate of interest on investments in the Local Agency Investment
Fund (LAIF) is calculated on a monthly rolling average. The rate identified for
that investment was effective for the moving quarter average ending June 30,
1991. The Fund pays interest once a quarter. It is managed by the State
Treasurer's Office. The advantage in using this investment mechanism is that
there is no minimum investment period, and the interest earned is determined by
the length of time the deposit remains in the fund during any given quarter
period.
The maturity schedule of the City's investments will permit the City to meet its
expenditure requirement for the following month.
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COPIES TO: 3�D' 00
ITEM NO.
1*4
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City of Dublin
City Treasurer's Investment Report
June 30, 1991
interest
Institution Type of Amount rate of maturity
Investment invested investment date
State Treasurer LAIF $10,000,000.00 7.413 0 0 0 1
Palomar Savings c-d $99,000.00 8.500 7 16 91 2
Southern California Sc-d $95,000.00 7.500 7 23 91 3
Valley Federal S&L(5)c-d $99,000.00 8.750 7 24 91 4
Pacific First Bank c-d $99,000.00 8.500 7 25 91 5
Conerstone Bank c-d $99,000.00 8.300 7 26 91 6
Bank of Pleasanton c-d $100,000.00 8.450 7 31 91 7
Torrance S&L c-d $99,000.00 8.400 8 6 91 8
Bank of Beverly Hi11sc-d $99,000.00 7.100 8 19 91 9
Plaza S&LA c-d $99,000.00 8.450 8 21 91 10
U.S.Community S Bank c-d $99,000.00 8.250 8 21 91 11
Summitt S&LA c-d $99,000.00 8.400 8 21 91 12
American Commerce Banc-d $99,000.00 8.350 8 22 91 13
Mission Viejo N.B. c-d $99,000.00 8.300 8 22 91 14.
Downey S&L c-d $99,000.00 8.250 8 22 91 15
Calif Fed S&L Co11r c-d $250,000.00 8.300 8 22 91 16
Ist Credit BAnk c-d $100,000.00 6.600 9 18 91 17
County S. Bank c-d $100,000.00 8.350 9 18 91 18
Western Federal S&L c-d $100,000.00 6.600 9 19 91 19
Commerce Savings Bnk c-d $99,000.00 8.350 9 19 91 20
Community T&L(FDIC) c-d $99,000.00 6.800 9 20 91 21
Fireside Thrift c-d $99,000.00 8.300 9 20 91 22
Commercial Bank of SFc-d $99,000.00 6.650 9 21 91 23
Pacific Inland c-d $99,000.00 6.400 9 23 91 24
Long Beach S&L c-d $99,000.00 6.450 9 23 91 25
Century Fed S&L c-d $99,000.00 6.500 9 23 91 26
ITT Federal Bank c-d $99,000.00 6.650 9 25 91 27
First Bank Beverly Hic-d $95,000.00 6.500 10 2 91 28
Gold River S&L c-d $99,000.00 6.850 10 7 91 29
Ist Republic Thrift c-d $100,000.00 6.250 10 8 91 30
San Fran. S&L c-d $99,000.00 6.250 10 8 91 31
Ist Rep Thrift San D c-d $99,000.00 6.250 10 8 91 32
Topa Thrifts & Loan c-d $99,000.00 8.350 10 9 91 33
Executive S&L c-d $99,000.00 8.300 10 10 91 34
Great Pacific S&L c-d $99,000.00 8.375 10 11 91 35
Great Pacific S&L Cltr c-d $200,000.00 8.375 10 12 91 36
Stockton S&L c-d $100,000.00 6.725 10 15 91 37
Security Pacific Statc-d $99,000.00 6.250 10 15 91 38
Stockton S&L colt c-d $300,000.00 6.775 10 15 91 39
Western Financial S&Lc-d $100,000.00 8.500 10 15 91 40
Girard S. BAnk c-d $99,000.00 8.300 10 17 91 41
Allied Savings c-d $99,000.00 8.250 10 18 91 42
Paramount S. Bank c-d $100,000.00 6.400 10 21 91 43
Beverly Hills FSB c-d $99,000.00 8.200 10 23 91 44
Continental Savings c-d $99,000.00 8.250 10 23 91 45
Hawthorne S&L c-d $100,000.00 6.300 10 28 91 46
Glendale Fed Bank c-d $99,000.00 6.550 10 28 91 47
American Internatnl Bc-d $100,000.00 6.250 11 20 91 48
Standard Pacific c-d $99,000.00 6.350 11 25 91 49
Sequoia Nation Bank c-d $100,000.00 * 6.500 12 24 91 50
Guardian S&L c-d $99,000.00 7.750 1 29 92 51
Countrywide T&L fdic c-d $100,000.00 7.300 2 28 92 52
First Fed Bank c-d $99,000.00 6.850 3 19 92 53
Bank of Calif FNMAY(4) $500,000.00 8.000 4 10 96 54
Bank of Ca1if.FNMAY Debent. (4) $500,000.00 8.000 4 10 96 55
City Natn' l BK FNMAY Debent. (4) $300,000.00 8.000 4 10 96 56
CURRENT AMT INVESTED $16,905,000.00
PRIOR PERIOD INVESTED $17,305,000.00
increase(decrease) ($400,000.00)
weighted average yield next month 7.482%
footnotes
].and 3. United States Treasury Securities are fully guaranteed
by the U.S. Government.
2. The Federal Home Loan bank consolidated bonds are lawful
investments for all fiduciary, trust, and public funds
including those under the control of the U.S. Government.
4. FNMAY stands for the Federal National Mortgage Association. Obligations
issued by FNMAY debentures are "lawful investments and may be accepted
as securities for fiduciaries, trusts, and public funds. "
5. Have been asked by the Federal Government to stop lending and
investing activities to improve equity position (1126190)
6. * = current transactions, but does not show terminated accounts.