Report to Carson Reclamation Authority
Tuesday, September 05, 2017
Consent
SUBJECT:
Title
CONSIDER MONTHLY INVESTMENT AND CASH REPORT FOR THE CARSON RECLAMATION AUTHORITY AS OF JULY 31, 2017
Body
I. SUMMARY
Submitted for the Reclamation Authority Board review is the monthly Investment and Cash Report.
Available Cash as of July 31, 2017:
$648,830.24
Balance of reserve funds as of July 31, 2017
$86,010,647.11
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.
Future investment of funds will conform to the existing Reclamation Authority Investment Policy.
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 Portfolio Holdings Carson Reclamation Authority #1 (Pgs. 3-5)
2. Investment Portfolio Holdings Carson Reclamation Authority #2 (Pg. 6)
3. Investment Portfolio Holdings Carson Reclamation Authority Remediation
(Pg. 7)
Prepared by: Monica Cooper, Authority Treasurer