1994 07 20 IAB4 4a
78-495 CALLE TAMPICO — LA QUINTA, CALIFORNIA 92253 - (619) 777-7000
FAX (619) 777-7101
INVESrE- MEWrr ADVISORY BOARD
AGENDA
Study Session Room
78-495 Calle Tampico
1,a Quinta, CA 92253
July 20, 1994 - 5:30 P.M.
I CALL TO ORDER
a. Pledge of Allegiance
b. Roll Call
II PUBLIC COMMENT
(This is the time set aside for public comment on any matter
not scheduled on the agenda.)
III CONSENT CALENDAR
A. Approval of Minutes from the May 11, 1994 Meeting.
B. Investment Policy: City Manager & City Attorneys
comments.
IV BUSINESS SESSION
A. Transmittal of Treasurer's Report Dated May 31, 1994.
V STUDY SESSION
A. Review of Banking Services Request for Proposal
Documents.
VI BOARD MEMBER COMMENTS
VII OTHER
VIII ADJOURNMENT
MAILING ADDRESS - P.O. BOX 1504 - LA QUINTA, CALIFORNIA 92253
� � 2
OF
INVESTMENT ADVISORYOARDJuly 20, 1994
MEETING
ITEM TIT—LE-0-
TRANSMITTAL OF TREASURER'S REPORT DATED
MAY 31, 1994 FOR THE CITY COUNCIL
MEETING OF JULY 5, 199
AGENDA CATEGORY:
CONSENT CALENDAR: ---
BUSINESS SESSION: -.46q—
STUDY SESSION:
ISSUE AND DISCUSSION: May 31, 1994 transmitted to the
The attached Treasurer's Report the July ort of 5, 1994 City Council Meeting.
La Quinta City Council
nts in the form of co
with
attachments
included rrelating statements are
Additionalllthmcopy presented here.
RECOMMENDATION:
Review, receive, and file.
Approved for submi
ssion to the Investment Advisory Board:
Rich Parzonko
Finance Director
LA QUINTA FINANCING AUTHORITY
TREASURER'S REPORT
KAY 311 1994
ASS
ETS UNDER THE INVESTXENT DIRECTION OF THE FINANCING AUTHORITY TREASURER.
TYPE OF KATURITY INTEREST
INVESTKENT INSTITUTUION DATE RATS
RATS....
CIVIC CENTER
BOND PROCEEDS:
CASH-CONSTRUCTIONBANK OF AKBRICA DEKAND
CASH -RESERVE BANK OF AKBRICA DEMAND
CASH-REDEKPTION BANK OF AKBRICA DEMAND
2.03
2.03
2.03
TOTAL
MOUNT
$2,202
756,892
274,957
$1,034,051
RANK
2
2
2
CITY OF LA QUINTA
TREASURER'S REPORT
KAY 31, 1994
ASSETS UNDER THE INVBSTKENT DIRECTION OF THE CITY TRBASURBR-
TYPE OF
KATURITY
INTEREST
RATE
MOUNT
RANK
INVESTKBNT
INSTITUTUION
DATE
- ----
-i-
--....� __
POOLED CASH CHECKING
BANK
OF AKBRICA
--------
NIA
NSA
N A $
2.81
(512,029)
591,828
1
1
KOREY KARKBT
LAIF/98-33-434
BANK
STATE
OF AKERICA
4.434
1,638,911
135434 6,718
NSA
NSA
LAIF/65-33-017
STATE
OF CALIF.
DEKAND
4.,
..l35
$14,496,851
CITY PETTY CASH
N/A
BANK
N/A
OF THE DESERT
N/A
2.75
1,000
9,291
1
1
2
KOREY KARKBT
DEFERRED COKP
ICKA
DBxAND
76 AVG INT
.
184,890
.............
$195,181
RDA RESTRICTED CASH
BANK
OF AKBRICA
RESTRICTED
2.13
1,475,191
405,152
2
2
1ST
INTERSTATE
REST CTBD
2,13
4,907,570
2
CONSTRUCTION
1ST
INTERSTATE
DBKAND
$6,787,919
TOTAL $
21,4791951
$21,479,951
DISTRIBUTION OF CASH AND INVESTKBNTS
CITY
GENERAL FUND
GAS TAX FUND
COKKUNITY PROJECT FUND
QUIKBY FUND
INFRASTRUCTURE FUND
VILLAGE PARKING FUND
ASSESSKENT DIST FUNDS
TRUST AND AGENCY FUNDS
RDA
CAPITAL IKPROVBKBNT FUNDS
DEBT SERVICE FUNDS
LON/KOD FUNDS
PA #1 PA #2
($2,927,681) $21347,154
41140,698 2,379,062
3,136,686 11248,395
---------------............
$4,949,703 $5,974,611
$3,217,872
(149,081)
1,085,540
6971583
2,368,012
21,740
1,191,244
2,122,727
$10,555,637
$10,924,314
-------------
$11,479,951 $21,479,951
CITY OF LA QUINTA
BANK RECONCILEKBNT
KAY 31, 1994
05/31/94 BANK STATEKENT BILANCBS:
BINK OF AKBRICI:
CHECKING
K/K
STATE OF CALIF:
98-33-434
65-33-01T
05/31/94 TOTAL BANK STATBKBNT BALANCES
LESS OUTSTANDING CHBCIS:
A/P
P/R
ADD OUTSTANDING DEPOSITS:
05/31/94
05/31/94 ADJUSTED BANK STATBKENT BALANCES
05/31/94 G/L BALINCE
POOLED CASH & INVESTKENTS
ADJ JE'S POSTED IN JUNB 94:
SRV CHG/BK STKT
OUTSTANDING WHIST
05/31/94 ADJUSTED G/L ILL - CISH & INVESTKENTS
LIIF LAIF
CHECKING K/K 98-33-434 65-33-017 I TOTALS
I
81,311.74 I 81,311.74
591,782.66 1 591,782.66
` I
I
I
7,638,916.73 1 7,638,916.73
6,778,134.69 1 6,778,134.69
.....r..... ........... ......•••••• ........ a... i -----
r.-----
-
81,311.T4 591,782.66 7,638,916.73 6,778,134.69 115,090,145.82
I
I
(960,640.01) I (960,640.01)
(41408.41) I (4,408.4Ti
I
375,035.01 1 375,035.01
............. ........... ............ ............ I -------------
(508,701.73) 591,782.66 7,638,916.73 6,778,134.69 114,500,132.35
----------- .-------===: --- ----------------
134.69 1 14, 496, 850.63
(512,028.45) 591,827.66 7,638,916.73 6,778, i
3,519.00 1 3i165.93)
519.00
(165.93)
0.00
I 0.00
(T1.35)
(26.35) (45.001 I 0.00
I 0.00
0.00
(508,T01.T3) 591,782.66 1,638,916.73 6,TT8,134�69 114,500,132.3.
.r..r....... ......... I
rrr.rr...rr rrr.r.r.... ..r.....r.r.