Loading...
1995 02 08 IABT6 0 6j 4hf 4 Sep Qumra 78-495 CALLE TAMPICO — LA QUINTA, CALIFORNIA 92253 - (619) 777-7000 FAX (619) 777-7101 INVESTMENT ADVISORY BOARD AGENDA Study Session Room 78-495 Calle Tampico La Quinta, CA 92253 February 8, 1995 I CALL TO ORDER a. Pledge of Allegiance b. Roll Call H CONFIRMATION OF AGENDA III PUBLIC COMMENT (This is the time set aside for public comment on any matter not scheduled on the agenda.) IV CONSENT CALENDAR A. Approval of Investment Advisory Board Minutes of January 11, 1995. V BUSINESS SESSION A. Transmittal of Treasurers Report dated December 31, 1995. VI BOARD MEMBER COMMENTS VII ADJOURNMENT MAILING ADDRESS - P.O. BOX 1504 - LA QUINTA, CALIFORNIA 92253 140�1 � oz U _ � C�k OF INVESTMENT ADVISORY BOARD MEETING: February 8, 1995 Business Item: A ITEM TITLE Transmittal of Treasurer's Report dated December 31, 1994 for the City Council Meeting of February 7, 1995 ISSUE AND DISCUSSION: The attached Treasurer's Report of December 31, 1994 was transmitted to the La Quinta City Council at the February 7, 1995 City Council Meeting. Additional attachments in the form of correlating statements are included with the copy presented here. RECOMMENDATION: Review, receive and file. Approved for submission to the Investment Advisory Board: Thomas P. Genovese City Manager CITY OF LA QUINTA BANK RECONCILEMENT DECEMBER 31, 1994 12/31/94 BANK STATEMENT BALANCES 12/31/94 TOTAL BANK STATEMENT BALANCES 12/31/94 ADJUSTED BANK STATEMENT BALANCES 12/31/94 GA. BALANCE POOLED CASH & INVESTMENTS 12/31/94 ADJUSTED G/L BAL - CASH & INVESTMENTS BANK OF AMERICA* CHECKING MIM STATE OF CALIF: 98-33-434 65-33-017 LESS OUTSTANDING CHECKS: A/P P/R ADD OUTSTANDING DEPOSITS: 12/30/94 LAIF LAIF CHECKING M/M 98-33-434 65-33-017 1 TOTALS 511,347.97 I 1 511,347.97 114,213.25 1 I 114,213.25 4,171,541.78 1 4,171,541.78 3, 614, 856.65 1 3, 614, 856.65 511,347.97 114,213.25 4,171,541.78 3,614,856.65 8,411,959.65 (500,744.94) I I 1 (500,744.94) (58,507.87) 1 I (58,507.87) 566.70 1 566.70 (47,338.14) 114,213.25 4,171,541.78 3.614.6%65 1 7,853,273.54 1 (57,083.01) 114,213.25 4,171,541.78 3;614,856.65 1 7,843,528.67 ADJ JE'S POSTED IN JAN 95: 9,903.97 1 9,903.97 1 0.00 i 0.00 i 0.00 SRV CHGBK STMT (159.10) i (159.10) 1 0.00 1 0.00 (47 338.14) 114 213.25 4,171,541.78 3,614,856.65 1 7,853,273.54 rN CITY OF LA QUINTA TREASURER'S REPORT DECEMBER 31,1994 ASSETS UNDER THE INVESTMENT DIRECTION OF THE CITY TREASURER. TYPE OF MATURITY INVESTMENT INSTITUTUION DATE POOLED CASH CHECKING BANK OF AMERICA N/A MONEY MARKET BANK OF AMERICA N/A LAIF/98-33434 STATE OF CALIF. DEMAND LAIF/65-33-017 STATE OF CALIF. DEMAND CITY PETTY CASH N/A N/A MONEY MARKET BANK OF THE DESERT N/A DEFERRED COMP ICMA DEMAND RDA RESTRICTED CASH BANK OF AMERICA RESTRICTED 1ST INTERSTATE RESTRICTED CONSTRUCTION 1ST INTERSTATE DEMAND DISTRIBUTION OF CASH AND INVESTMENTS CITY GENERAL FUND GAS TAX FUND COMMUNITY PROJECT FUND CAPITAL PROJECT FUND QUIMBY FUND INFRASTRUCTURE FUND VILLAGE PARKING FUND ASSESSMENT DIST FUNDS TRUST AND AGENCY FUNDS RDA PA #1 PA #2 CAPITAL IMPROVEMENT FUNDS ($2,314,143) $2,016,555 DEBT SERVICE FUNDS 794885 1327929 LOW/MOD FUNDS 936187 1197468 ($583,071) $4,541,952 INTEREST RATE AMOUNT RANK N/A $ (57,083) 1 2.55 114,213 1 5.528 4,171,542 NIA 5.528 3,614,857 N/A 7,843,529 N/A 1,000 1 2.79 9,464 1 7.6 AVG INT 204,968 2 215,430 3.00 242,787 2 3.30 768,079 2 3.30 4,874,954 2 5,885,820 TOTAL $13,944,779 13,944,779 aaaasssssssaaasaas 3,732,084 0 1,433,089 282,882 183,516 2,766,803 22,429 364,264 1,200,851 3,958,881 13,944,779 13,944,779 a assssassassasasss J Fiscal Year 94/95 La Quinta Redevelopment Agency RDA 89 series file: RDABND94/5 special interest payment service holding restricted fund fund fund reserve fund totals cash 117204600 117204601 117204602 117204603 07/01/94 BEGINNING BAL 93.90 11.82 0.01 0.00 105.73 JUL INTEREST 0.28 0.50 0.00 0.00 0.78 AUG INTEREST 0.00 0.00 0.00 0.00 0.00 SEPT INTEREST (94.18) (12.32) (0.01) 0.00 (108.51) OCT INTEREST 0.00 0.00 0.00 0.00 0.00 NOV INTEREST 0.00 0.00 0.00 0.00 0.00 DEC INTEREST 0.00 0.00 0.00 0.00 0.00 JAN INTEREST 0.00 0.00 0.00 0.00 0.00 FEB INTEREST 0.00 0.00 0.00 0.00 0.00 MAR INTEREST 0.00 0.00 0.00 0.00 0.00 APR INTEREST 0.00 0.00 0.00 0.00 0.00 MAY INTEREST 0.00 0.00 0.00 0.00 0.00 JUN INTEREST 0.00 .0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 C) 24Z?87.q'0I �' �� ' V ►TIT - a] Fiscal Year 94195 file: RDABND94/5 La Quinta Redevelopment Agency RDA 90 series redemption interest payment service investment fund fund fund reserve earnings 117283404 177283400 117283401 117283402 117283403 07/01/94 BEGINNING BAL 0.00 623.91 0.04 1.00 0.00 JUL INTEREST 0.00 1.88 0.00 0.00 0.00 AUG INTEREST 0.00 0.00 0.00 0.00 0.00 SEP INTEREST 0.00 (625.79) (0.04) (1.00) 0.00 OCT INTEREST 0.00 0.00 0.00 0.00 0.00 NOV INTEREST 0.00 0.00 0.00 0.00 0.00 DEC INTEREST 0.00 0.00 0.00 0.00 0.00 JAN INTEREST 0.00 0.00 0.00 0.00 0.00 FEB INTEREST 0.00 0.00 0.00 0.00 0.00 MAR INTEREST 0.00 0.00 0.00 0.00 0.00 APR INTEREST 0.00 0.00 0.00 0.00 0.00 MAY INTEREST 0.00 0.00 0.00 0.00 0.00 JUN INTEREST 0.00 0.00 0.00 0.00 0.00 BALANCE 0.00 0.00 0.00 0.00 0.00 5 totals 624.95 1.86 0.00 (626.83) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Fiscal Year 94/95 file: RDABND94/5 La Quinta Redevelopment Agency RDA 91 series INTEREST PAYMENT REDEMPTION RESERVE DEBT SERVICE FUND FUND FUND FUND FUND totals 117349300 117349301 117349302 117349303 117349304 07/01 /94 BEGINNING BAL 227.87 0.02 0.00 735,284.51 (0.01) 735,512.39 REC SURETY BOND 7/11 0.00 0.00 0.00 ** 0.00 0.00 TRNS TO CKING 7/11 0.00 0.00 0.00 (716,501.45) 0.00 (716,501.45) F.A. SURETY BOND 7111 0.00 0.00 0.00 (21,000.00) 0.00 (21,000.00) JUL INTEREST 0.69 0.00 0.00 2,217.94 0.00 2,218.63 TRNS 0.00 768.57 0.00 (766.57) 0.00 0.00 AUG INTEREST 0.74 0.00 0.00 766.00 0.00 766.74 TRNS 265,829.98 199,233.41 0.00 0.00 465,063.39 930,126.78 DEBT SERV (266,059.41) (200,000.00) 0.00 0.00 (465,063.39) (931,122.80) SEP INTEREST 0.78 0.09 0.00 2.43 0.00 3.30 OCT INTEREST 0.00 0.00 0.00 0.01 0.00 0.01 NOV INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 DEC INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 JAN INTEREST 0.00 . 0.00 0.00 0.00 0.00 0.00 FEB INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 MAR INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 APR INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 MAY INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 JUN INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 BALANCE 0.65 0.09 0.00 2.87 (0.01) 3.60 OUTSTANDING JE (0.65) (0.09) (2.87) 0.01 (3.60) " MBIA SURETY BOND 0.00 0.00 0.00 0.00 0.00 0.00 $728,175.00 3.60 on 70 Fiscal Year 94/95 La Quinta Redevelopment Agency RDA 94 series file: RDABND94/5 DEBT RESERVE REBATE ALTERNATIVE SERVICE FUND ACCOUNT PENALTY 117496800 117496801 117498802 117496803 07/01/94 BEGINNING BAL 239,290.93 " 0.00 0.00 JUL INTEREST 219.39 0.00 0.00 0.00 AUG INTEREST 777.34 0.00 0.00 0.00 SEPT INTEREST 816.02 0.00 0.00 0.00 OCT INTEREST 819.63 0.00 0.00 0.00 NOV INTEREST 864.58 0.00 0.00 0.00 DEC INTEREST 904.50 0.00 0.00 0.00 JAN INTEREST 0.00 0.00 0.00 0.00 FEB INTEREST 0.00 0.00 0.00 0.00 MAR INTEREST 0.00 0.00 0.00 0.00 APR INTEREST 0.00 0.00 0.00 0.00 MAY INTEREST 0.00 0.00 0.00 0.00 JUN INTEREST 0.00 0.00 0.00 0.00 BALANCE 243,692.39 0.00 0.00 0:00 OUTSTANDING JE (904.50) 0.00 0.00 0.00 '* MBIA SURETY BOND 242,787.89 0.00 0.00 0.00 $2,632,040.00 totals 239,290.93 219.39 777.34 816.02 819.63 864.58 904.50 0.00 0.00 0.00 0.00 0.00 0.00 243.692.39 (904.50) 242,787.89 7 Fiscal Year 94195 file: RDABND94/5 La Quinta Redevelopment Agency RDA PAi2 92 Series ESCROW SPECIAL SPECIAL INT PRINCIPLE RESERVE FUND FUND FUND FUND FUND totals 8116202-000 8116202-001 8116202-002 8116202-003 8116202-004 81162024005 07/01/94 BEGINNING BAL 4,317,478.53 526,865.64 0.00 279.91 26.00 483,808.50 5,328,258.58 CITY OF L.Q. 7/11 (19,360.13) 0.00 0.00 0.00 0.00 0.00 0.00 JUL INTEREST 13,061.02 1,593.85 0.00 20.36 0.08 1,462.99 16,138.30 AUG INTEREST 13,979.54 1,708.93 0.00 0.97 0.08 1.568.63 17,258.15 SEP INTEREST 14,905.61 1,827.10 0.00 1.04 0.09 1,677.09 18,410.93 OCT INTEREST 15.085.98 1,849.21 0.00 1.05 0.09 1,697.38 18,633.71 TRNS TO CITY (32,134.61) 0.00 0.00 0.00 0.00 0.00 (32,134.61) NOV INTEREST 16,115.83 1,977.39 0.00 1.12 0.10 1,815.04 19,909.48 REC FROM CITY 0.00 0.00 275,897.86 0.00 0.00 0.00 275,897.86 TRNS FROM SPCL FUND 0.00 0.00 (275,897.86) 195,924.30 79,973.56 0.00 (0.00) DEC INTEREST 17,146.06 2,117.30 0.00 85.56 34.54 1.943.46 21,326.92 DEBT SERV 0.00 0.00 0.00 (196,228.75) (80,000.00) 0.00 (276,228.75) JAN INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 0.00 FEB INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 0.00 MAR INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 0.00 APR INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 0.00 MAY INTEREST 0.00 0.00 0.60 0.00 0.00 0.00 0.00 JUN INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 0.00 BALANCE OUTSTANDING JE * * taisTRItti onl 4,356,277.83 537,939.42 0.00 85.56 34.54 493,773.09 5,388,110.44 (17,146.06) (2,117.30) 0.00 196,143.19 79,965.46 (1,922.84) 254,922.45 4,339,131.77 535,822.12 0.00 196,228.75 80,000.00 491, .25 5,643,032.89 LA QUINTA FINANCING AUTHORITY TREASURER'S REPORT DECEMBER 31,1994 ASSETS UNDER THE INVESTMENT DIRECTION OF THE FINANCING AUTHORITY TREASURER. TYPE OF MATURITY INTEREST INVESTMENT INSTITUTUION DATE RATE AMOUNT CIVIC CENTER BOND PROCEEDS: CASH -CONSTRUCTION BANK OF AMERICA DEMAND 3.15 2,244 CASH -RESERVE BANK OF AMERICA DEMAND 3.15 707,247 CASH -REDEMPTION BANK OF AMERICA DEMAND 3.15 65,464 TOTAL 774,955 xxxaxssas RANK 2 2 2 E Fiscal Year 94/95 file: RDABND94/5 La Quints Financing Authority Revenue Bonds Series 91 BOND RESERVE CONSTRUCTION REBATE FUND FUND FUND FUND totals 117355200 117355201 117355202 117355203 07/01/94 BEGINNING BAL 54,793.12 704,718.50 2,206.21 0.00 0.00 761,719.83 JUL INTEREST 43.04 2,117.39 6.28 0.00 0.00 2,166.71 AUG INTEREST 167.39 2,156.94 6.76 0.00 0.00 2,331.09 SEP INTEREST 177.96 2,293.87 7.19 0.00 0.00 2,479.02 TRNS 8,922.74 (8,922.74) 0.00 0.00 0.00 0.00 TRNS TO 100700025 (155,000.00) 0.00 0.00 0.00 0.00 (155,000.00) RENT 429,176.25 0.00 0.00 0.00 0.00 429,176.25 DEBT SERV (274,176.25) 0.00 0.00 0.00 0.00 (274,176.25) OCT INTEREST 991.66 2,354.54 7.38 0.00 0.00 3,353.56 NOV INTEREST 367.37 2,528.61 7.95 0.00 0.00 2,903.93 DEC INTEREST 247.43 2,673.51 8.48 0.00 0.00 2,929.42 JAN INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 FEB INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 MAR INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 APR INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 MAY INTEREST 0.00 0.00 0.00 0.00, 0.00 0.00 JUN INTEREST 0.00 0.00 0.00 0.00 0.00 0.00 BALANCE 65,710.71 709,920.62 2,252.25 0.00 0.00 777,883.58 777,883.58 OUTSTANDING JE (247.43) (2,673.51) (8.48) (2,929.42) 65,463.28 707,247.11 2,243.77 0.00 0.00 774,954.16 10 Bank of America Your. Bank of America P.O. sox 30746 - Business Money Market Los,Angeles, CA 90039-0746 . Account Statement 0916 E 1-2 Statement Period: December 1 through Dece1pber 30, 1994 Account Number: 09168-16233 CITY OF LA QUINTA At Your Service P 0 ' BOX 1504 Call: 619-340-1867, 24 hours, LAQUINTA CA 92253-1`504 ` 7 days a week Indio Main Office 81-800 Hwy 111 Indio, CA'92201 Customer since 1989 Bank of America appreciates your `. �►» business and we enjoy serving you. 13 Summary of Your Business on Market Account Beginning Balance on 12/01/94 $58,130.58 Anal Peruantage Yield earned this period 2.55% Total Deposits and Other Credits + 100,000,00 I> tsrestRpaid-yoar-to-date. $14,576.26 Total Checks and Other Withdrawal - 45,000,00 Nuiib�ar af..branch/ATM deposits 1 Interest Paid + 82,69 Number of 24 Hour Customer Service Calls Self -Service 1 Ending Balance $114,213.25 Assisted 0 ❑ Bank of America News Thank you for your business. Our best wishes for a happy holiday season and a prosperous New Year. ❑ Branch/ATM Deposits Number Date Posted Amount 12/30 $100,000;00 ❑ Account Activity Date Posted Description Reference Number Amount Other Withdrawals 12/16 Telephone/Telegraphic Transfers 5,000.00 Interest Paid 12/30 Interest Paid from 12/01 /94 Through' 12/30/94 $82.69 ❑ Daily Balance Date Amount Date Amount Date Amount 12/16 $14,130.56 12/30 114,21325 Continued on next page 0015910.001.123 Page 1 of 2 11 � V Bank of America 'dour Bank of America P.O. Box 30746 f_os Angefek CAA8003e74e f� nIUSi,'Ss Checking os10 Statement 400-e • Statement Period: December 1 through December 30, 1994 Account 'Number: 09160-15464 . CITY OF LA QUINTA P 0 BOX 1504 At Your Service LA QUINTA CA 92253.7 _ Call: 619-340-1867, 24 hours, days a week Indio Main Office 81.800 Hwy 1;11 Indio, CA 92201 Customer since 1982 ;Bank of America appreciates your business and we enjoy serving you. 13 Summary of Your Business Checking Account Beginning Balance on 12/01/P4 $169,464.84 Number of branch/ATM deposits Total Deposits and Other Credits + 2,424,p53.00IUtxtber 25 of check$ paid Total Checks and Qther Withdrawals ' . 2,0$2,Q0.4 398 iurnbei► o€ 24 Ho�rs..Customer Service Calls Account Fees • 149.Q3 SelfService Assisted 3 now01 Ending Balance 5511,3i.B7. 0 Important information About Your Account Based on the minimum ;balance you've maintained in this account; your monthly service charge has been waived. If you make more than 15 deposits +each month you might consider our Business Checking Value Pack Account. You'll pay a monthly service charge of only $,15 00 to receive a convenient package of most often used transaction and d it services: Call our 24-Hour ®po Customer Service nurnber for details. 0 Bank of America News Thank you for your business. Our best wishes; for a happy.: tollday season and a prosperous New Year. (3' Branch/ATM DepQaita Number Date Po:t+W 70777 Amylnt 12101 ber Date Potted Amo Num unt L r 29,36554 12/02 . 12/14; �N33,1 73.01 12/05 ; :. 689:1 12106`''�,� 3 '. 12/15 12/16 `�'`..� 29,157.91 �`�.141,268.34 �``�► 12L07 12/16 45,000.00 12/07 1 12/08---•.�a 6G8$L,r.70 ` 12/19 60,413.24 12f2033 . 12/, 12112 pp r 12/2125 148.00 12/21 12f13 130 2/212/12 2—i285.00 12f23 60,694.83 12/27 197.00) Continued on next page 0020977.00 t .123 Page 1 of 6 12 0 ) °crrp' lc7ur-ALIFORNIA KATHLEEN BROWN, Treasurer OFFICE OF THE TREASURER w. ' SACRAMENTO �� ` �IVFD G LOCAL AGENCY. INVESTMENT FUND JA N 1 71995 P.Q. sox 941809 FINANCE Date.: 12/31/94 SACRAMENTO, CA.. 94209-0001 E t��PT Page: 01 DECEMBER, 1994•STATEMENT ACCOUNT NUMBER: 98-33-434 CITY OF LA QUINT, ATTN : FINANCE DIRECTOR P.O. BOX 1504 LA QUINTA CA 92253 .L w EFFECTIVE TRANSACTION TRAN CONE AUTH TRANSACTION DATE DATE TYPE NO CALLER AMOUNT BALANCE --------- BEGINNING ----------- ---- BALANCE - REG ------ ------ ------------ --------------- $5,631,541.78 12/12/94 12/12/94 RW 207 ,TPG --$200,000.00 $5,43115-41.18 12/19/94 12/16/94 RW 208 TPG -$700,000.00 $4,731,541.78 12/22/94 12/21/94 RW 209 TPG -$560,000.00 $4,1711541.78 ENDING BALANCE REG --------------- $4,171,541.78 NO BOND PROCEEDS GRAND TOTAL --------------- $4,171,541.78 SUMMARY. TRAN COUNT TOTAL DEPOSIT AMT TOTAL WITHDRAWAL AMT REG 3 �l0.00, -$1,460,000.00 B/P 0 $0.00, $0.00 TOTAL ---------- 3 ----------------- $0,00 -------------------- -$1,460,000.00 13 . SUMMARY OF INVESTMENT DATA FOR THE POOLED MONEY INVESTMENT ACCOUNT A COMPARISON OF DECEMBER 1994 WITH DECEMBER 1993 (Dollars in Thousands) DECEMBER 1994 DECEMBER 1993 CHANGE AVERAGE DAILY PORTFOLIO TOTAL $25,861,120 $25,154,826 $+ 706,294 TOTAL EARNINGS ON ACCRUAL BASIS $ 121,422 $ 93,663 $+ 27,759 EFFECTIVE YIELD 5.528 4.384 + 1.144 AVERAGE LIFE OF PORTFOLIO ON THE LAST DAY OF THE MONTH (IN DAYS) 412 351 + 61 SECURITY TRANSACTIONS $24,635,023 $17,902,640 $+ 61732,383 TIME DEPOSITS $ 12,000 $ 41095 $+ 71905 AVERAGE WORKDAY INVESTMENT ACTIVITY $ 11173,668 $ 778,554 $+ 395,114 NUMBER OF SECURITY TRANSACTIONS 444 421• + 23 NUMBER OF TIME DEPOSITS 4 4 0 AVERAGE PRESCRIBED DEMAND COMPENSATING BANK BALANCES FOR SERVICES $ 166,902 $ 271,742 $- 104,840 AVERAGE PRESCRIBED DEMAND BANK BALANCES FOR UNCOLLECTED FUNDS $ 290,779 $ 3 0 8 r 212 $- 17 , 4 3 3 LOCAL AGENCY INVESTMENT FUND SUMMARY OF ACTIVITY DECEMBER 1994 BEGINNING BALANCE DEPOSITS WITHDRAWALS MONTH END BALAN^r $8,563,094,380.93 $1,729,847,000.00 $1,515,5101481.45 $8,777,430,899.48 Local Agency Investment Fund Invested Through Pooled Money Investment Account 14 STATE OF CALIFORNIA KATHLEEN BROWN, Treasurer OFFICE OF THE TREASURER ` SACRAMENTO . LOCAL AGENCY. INVESTMENT FUND P,:BO , :9429 Date: 12/31/94 SACRAMENTO, CA 94209-0001 Page: 01 DECEMBER, 1994 STATEMENT ACCOUNT NUMBER: 65-33-017 LA QUINTA REDEVELOPMENT AGENCY ATTN: FINANCE DIRECTOR P.O. BOX 1504 LA QUINTA CA 92253 EFFECTIVE TRANSACTION TRAN CONF AUTH TRANSACTION DATE DATE TYPE NO CALLER AMOUNT BALANCE --------- ----------- - ------ ------------------- ---- ---------- BEGINNING BALANCE - REG $31614,856.65 NO ACTIVITY IN REGULAR ACCOUNT --------------- ENDING BALANCE - REG $3,614,856.65 NO BOND PROCEEDS --------------- GRAND TOTAL $3,614,856.65 TRAN COUNT ---------- REG 0 B/P 0 -- TOTAL 0 SUMMARY TOTAL DEPOSIT AMT ---------------- $0.00 $0.00 ----------------- $o .. a,4. TOTAL WITHDRAWAL AMT -------------------- $0.00 $0.00 -------------------- $0.00 15 SUMMARY OF INVESTMENT.DATA FOR THE POOLED MONEY INVESTMENT ACCOUNT A COMPARISON OF DECEMBER 1994 WITH DECEMBER 1993 (Dollars in Thousands) DECEMBER 1994 DECEMBER 1993 CHANGE AVERAGE DAILY PORTFOLIO TOTAL $25,861,120 $25,154,826 $+ 706,294 TOTAL EARNINGS ON ACCRUAL BASIS $ 121,422 $ 93,663 $+ 27,759 EFFECTIVE YIELD 5.528 4.384 + 1.144 AVERAGE LIFE OF PORTFOLIO ON THE LAST DAY OF THE MONTH (IN DAYS) 412 351 + 61 SECURITY TRANSACTIONS $24,635,023 $17,902,640 $+ 61732,383 TIME DEPOSITS $ 12,000 $ 41095 $+ 71905 AVERAGE WORKDAY INVESTMENT ACTIVITY $ 11173,668 $ 778,554 $+ 395,114 NUMBER OF SECURITY -TRANSACTIONS 444 421 + 23 NUMBER OF TIME DEPOSITS 4 4 0 AVERAGE PRESCRIBED DEMAND COMPENSATING BANK BALANCES FOR SERVICES $ 166,902 $ 271,742 $- 104,840 AVERAGE PRESCRIBED DEMAND BANK BALANCES FOR UNCOLLECTED FUNDS $ 290,779 $ 308,212 $- 17,433 LOCAL AGENCY INVESTMENT FUND SUMMARY OF ACTIVITY DECEMBER 1994 BEGINNING BALANCE DEPOSITS WITHDRAWALS MONTH END BALANCF $8,563,094,380.93 $1,729,847,000.00 $1,515,510,481.45 $8,777,430,899.48 Local Agency Investment Fund Invested Through Pooled Money Investment Account 16 � OZ' ,y OF r�ti TO: Investment Advisory Board Members FROM: Debbie DeRenard, Secretary DATE: February 8, 1995 RE: Balance Sheet @ 12/31/94 ****************************************************************************** Per your request, attached please find a copy of the City of La Quinta, Redevelopment Agency and the Financing Authority as of December 31, 1994. O A T C r C y v v Z v v m 0 D n v n T D p C C O C C O C m O D C� r fn n D p Z m v v v'v r D-0 m n C m Z fA m fTl C C C O n fT� m T m m m D p z (n N 5 Z O r r z > m m -4 m m Z O O v O O g z m m 0 m 0 c Z O Z v m < z m x= p M M z � c Z r n O� 2g m p T A r v 0 m p 8 D C m p m w r-( % x D- D� � n r m 3�� v�� 3 z m O O <��_ D Vj n� T : v x p z Z n m m mC0 Z� T C� m v vm0 �a m v v D it v�i m0 U)m n p m D m g m M Zcb� = m N+ D m s 0 ZvxfJ D m np m m ro W mvm y r D m m m T T C m mD �"rt'IcnD<D� Cp mD< to m D= A ;-04 v m n D D< � n v m Co (n m m r�ir s m< m m T z ox 8x Om 8 ' m m D M m m � o�Z ai r, m�z p � n m m o v Z � D m0 m r r ; T D r v N m07 N Q pp W W V p NpA� Z � W 8 9 CN Z In A N p T p V p 9 a EC 0 0 0 0 Z v 8 8 8 8 w n C O w w w Zv m Z A m � 25 0 25 00 m 0 o g o g o w w w A CCo � '� CT CT OD v v pO O �Up Cn pUp O! � A Np Npp � pOO�f R�1 NN O O N N m N N Z PO o m A POp v O rn co w 0D vo O v -i QQD _NQ CT NQ ttQp A C71 T � Z OW0 V W O > h Cp�p W (p -4 Pco v' � Sie LIN� po OAf (v,� pO lO U A A A A m m J 1 J J Z rlo c0 (p O (p (D 0 0 8 0 o N 0 0 0 0 4 o m G) 0 pp :lj pOp �l 7,4 _N t0 � � _ � _N N tp c��i11 p pvj tOp A O V :Iu N Np O �O W 74 CpTp pJ� A N A f0 N W �-. -1 0 -� f0 Np O -pp+ ip0� C ZZZZv Z -i N A V 8N �pAp� pNp O O Op O O A O1 O 0. V F. (O Op N 8N �p pW� fp V (O <D W Op CT O OppD OD Op V fpAp� Op A O O Opf Oz v � p p ��Opp 0 0 0 0 6 0 0 (O W, W .� U O 000 pOp p -N+ 2 O A N O -�+� 8 0 V O v p p 0 O) O O ($ (°Dil O 0 D D 5 C ° nD� � AyT v Z v v T oD n� c c c 0 c c 0 c 0 m 0 > 0 r Cmnmr ccc�00 �pm r zv m m m m m z z; n m o n m T T O z g r y m D 00000u°imcv(nm0°c� Z�xx�`-���P c p�zvm y v o m o o y N 0 T N z r D r n _0 0 0 0 D O z D T C 0 T° S m� p m mr(n nv m���vcncn-�n�mn mm z cn c D z x X T (D O O (n � x v �n A° m Z C OT m m m0 p° - 0� m N m D m m � ° Z' m x m �,c uzin �E3g r Mnm� zzmn� yr Z0=p-n umi° m m m< T -pm< 0 3 z �� c� Om �x m �nn Z< n maimm(qi�m t°n�<m�z x v m v m =r-M b ° �� goy m m mm z �m v Cl) � � �° m D 22 m m o ° m T r F ; m D D m y W N NIla CppT�� coA. Z� p� coo A pA� A pWp A W ° j W v .O. 00 O � �° T g co coO ?40 V V V -4 v N T g °a -48 `8Np� R - ° 0 co N N O 60 A _ Go T D rn rn a 9 z n Z :5 -0 co to w 0 w w S w Y.'' i°o 0 .. .. ;o I T D m ) rn Z -0 w w o w c�"'i� ° 0 CST CST S C7�1 - A � v Zl J J J T m g PQ _ z g �O �O 9N0 w cwn PO ,paPoo n O OOf A A O O O W W N N AP 00 -4 -4 N N Of A w N) 0 N m 4T) fJ N �1 O N 21 M g N W pA -4 A O O �O to M O 90 O T p O !O tL) -4 S w S 4 Q 8 0 0 4 n ; iT iT cT cT m co co cc coZ M mg g cn cn NpA pN� N N N � A pip pN� 00 Oo O v N O O O OD N o+ -4 OD A O 01 ZCA ° o� W p�pp�pp0000to o000p0p0 pp00 oopp QW�pp o -, v -4v 8 -4pO pO 8 O CON 8 8 8 8 8 w 0 CST COT S S S O S A S S S S O 10 r S v o _ > _ §c E°§ c c o c n g o 2 m 7$° c c c ®� § m°§ E c z m m H m m z n« q o z z z� m m m§$§ 9 z$ ■ n■ 2 d d v d d S m c$ w m 0 c k 7 m c� \ 2 E) p v m a ■ z m m- z r z w m m w o z 2§ m o ■_ r ( o p% Q o o a r r n e o 0 0 q w c w� x� § m 0 E i g m m K%§ J K 7 A$§ §'§ 0 2 2§ I § m t § i ■ m » z q§ r m m§ o e o m m m> n m 0 o z/ m9 - m ® �_ c m z M. a �_ o� m m ;a mm o § U) m § § § �_ m Q % / o \ / 7 ° 2 § / % k) k m § § c 2 I m q m m@ �§ m ■ I§ m § ' 2 q K� m § S%® m % < 2 a § § 2 4 / §2 z . c 8 2 § 8 m § m 0 § 8 m r » 0 . E a r ¢ § § » _� \ z 00 4 ° ; 9 9 9 e " coocA CA e e CA m § w co22§ w Q a a % a w c > o 7 # # $ # z z w o Q 0 § co § 9 9 9 9 P§ 9 P P P 9 P P § 9 9 9 9 9 P 9 9 o P P P P A 9 P)