HomeMy WebLinkAboutAgenda Report - January 3, 2007 E-03AGENDA ITEM S0 4�
CITY OF LOvI
COUNCIL COMMUNICATION
AGENINA TITLE: Accept the Quarterly Investment Reports as required by law Senate Bill 564
MEETOG DATE: January 3, 2007
PREPARED BY: Management Analyst
RECOMMGNDf!D ACTION: That the City Council accept the quarterly reports of the City of Lodi
pooled money investments for the quarters ended as required by SB
564 and the City of Lodi's Investment policy which was reviewed by
the City Council on December 20, 2006.
BACKOROOUND INFORMATION: SB 564 requires that local agency treasurers submit a report on
investments at a public meeting as required by the City of Lodi
investment policy, which is submitted to council for approval on an
annual basis. Copies of the policy are available in the Finance
Department. The total of all invested funds is as follows:
FUNDING: None
March 31, 2006 - $23,942,388.45
June 30, 2006 - $37,481,984.93
September 30, 2006 - $31,800,005.88
es Krueger
eputy City Manager
APPROVED: 1
r King, City Manager
CITY OF LODI
FINANCE DEPT — BUGDET DIVISION
300 W Pine St / P O Box 3006
Lodi, CA 95240
(209) 333-6800 x 2618
MARCH 31, 2006 INVESTMENT STATEMENT
Local Agency Investment Funds
LAI F
LPIC
Certificates of Deposit
SYS76WEST
SYS75
Passbook/Checking Accounts
Farmers & Merchants
Farmers & Merchants — Payroll
Farmers & Merchants — Central Plume
Local Agency Inv Fund 11,720,529.85
Local Agency Inv Fund (LPIC) 405,078.55
Subtotal LAIF 12,125,608.40
Bank of the West 100,000.00
Bank of America 100,000.00
Subtotal CD 200,000.00
Subtotal P/C Accts
TOTAL
2,880,849.36
90,807.58
8,645,123.11
11,616,780.05
23,942,388.45
Based on the approved budget and to the extent the budget is adhered to, liquidity is available for the
next six months.
Kirk J Evans, Budget Manager
City of Lodi Finance Department
Date
CITY OF LODI
FINANCE DEPT — BUGDET DIVISION
300 W Pine St / P O Box 3006
Lodi, CA 95240
(209) 333-6800 x 2618
JUNE 30, 2006 INVESTMENT STATEMENT
Local Agency Investment Funds
LAI F
LPIC
Certificates of Deposit
SYS76WEST
SYS75
Passbook/Checking Accounts
Farmers & Merchants
Farmers & Merchants — Payroll
Farmers & Merchants — Central Plume
Local Agency Inv Fund 14,875,707.64
Local Agency Inv Fund (LPIC) 409,101.48
Subtotal LAIF 15,284,809.12
Bank of the West 100,000.00
Bank of America 100,000.00
Subtotal CD 200,000.00
Subtotal P/C Accts
TOTAL
13,411,188.24
27,685.68
8,558,301.89
21,997,175.81
37,481,984.93
Based on the approved budget and to the extent the budget is adhered to, liquidity is available for the
next six months.
Kirk J Evans, Budget Manager
City of Lodi Finance Department
Date
CITY OF LODI
FINANCE DEPT — BUGDET DIVISION
300 W Pine St / P O Box 3006 Lodi,
CA 95240 (209) 333-
6800 x 2618
SEPTEMBER 30, 2006 INVESTMENT STATEMENT
Local Agency Investment Funds
LAI F
LPIC
Certificates of Deposit
SYS76WEST
SYS75
Passbook/Checking Accounts
Farmers & Merchants
Farmers & Merchants — Payroll
Farmers & Merchants — Central Plume
Local Agency Inv Fund 17,010,246.66
Local Agency Inv Fund (LPIC) 413,712.66
Subtotal LAIF 17,423,959.32
Bank of the West 100,000.00
Bank of America 100,000.00
Subtotal CD 200,000.00
Subtotal P/C Accts
TOTAL
5,620,172.98
101,511.75
8,454,361.83
14,176,046.56
31,800,005.88
Based on the approved budget and to the extent the budget is adhered to, liquidity is available for the
next six months.
Kirk J Evans, Budget Manager
City of Lodi Finance Department
Date