Report to Carson Reclamation Authority
Monday, October 04, 2021
Consent
SUBJECT:
Title
CONSIDER THE MONTHLY RESERVES AND CASH REPORT FOR THE CARSON RECLAMATION AUTHORITY FOR MONTH ENDING AUGUST 31, 2021
Body
I. SUMMARY
Submitted to the Carson Reclamation Authority Board members is the monthly Reserves and Cash report:
Available cash as of August 31, 2021
$5,383,936.61
Balance of reserve funds as of August 31, 2021
$13,840,697.55
II. RECOMMENDATION
Recommendation
RECEIVE and FILE.
Body
III. ALTERNATIVES
TAKE another action the Council deems appropriate.
IV. BACKGROUND
The monthly Investment and Cash report is submitted to the Carson Reclamation Authority Board to ensure the legislative body is kept abreast of the value of the reserve funds and available cash. The Treasurer attests to the Authority’s assets and not the sufficiency.
V. FISCAL IMPACT
None
VI. EXHIBITS
1. Carson Reclamation Authority Monthly Cash-Flow Report (Pg. 3)
2. Carson Reclamation Authority Reserve Holdings (Pg. 4)
1.
Prepared by: Monica Cooper, Carson Reclamation Authority Treasurer