Report to Carson Reclamation Authority
Tuesday, August 01, 2017
Consent
SUBJECT:
Title
CONSIDER MONTHLY INVESTMENT AND CASH REPORT FOR THE CARSON RECLAMATION AUTHORITY AS OF JUNE 30, 2017
Body
I. SUMMARY
Submitted for the Reclamation Authority Board review is the monthly Investment and Cash Report.
Available cash as of June 30, 2017:
$421,701.17
Reserve funds as of June 30, 2017:
$87,663,333.93
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 of estimated expenditures.
V. FISCAL IMPACT
None
VI. EXHIBITS
1. Portfolio Holding Carson Reclamation Authority #1 (Pgs.3-5 )
2. Portfolio Holding Carson Reclamation Authority #2 (Pgs.6 )
3. Portfolio Holding Carson Reclamation Authority Remediation (Pgs.7 )
Prepared by: Monica Cooper, City Treasurer