Report to Carson Reclamation Authority
Tuesday, May 02, 2017
Consent
SUBJECT:
Title
CONSIDER MONTHLY INVESTMENT AND CASH REPORT FOR THE CARSON RECLAMATION AUTHORITY
Body
I. SUMMARY
Submitted for the Reclamation Authority Board review is the monthly Investment and Cash Report.
Total revenue including cash and investments as of March 31, 2017 was $88,069,092.14
Total Cash Available: $705,201.00
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 Reclamation Board of Directors to ensure that the legislative body is kept abreast of the value of the reserve funds and available cash.
The investment program herein provides sufficient cash flow liquidity to meet the next six months estimated expenditures.
V. FISCAL IMPACT
None
VI. EXHIBITS
1. Investment Report CRA #1 (Pgs. 3-9)
2. Investment Report CRA #2 (Pgs. 10-12)
3. Investment Report CRA - Remediation (Pg. 13 )
Prepared by: Monica Cooper, City Treasurer