Report to Carson Reclamation Authority
Monday, November 06, 2017
Consent
SUBJECT:
Title
CONSIDER MONTHLY INVESTMENT AND CASH REPORT FOR THE CARSON RECLAMATION AUTHORITY AS OF SEPTEMBER 30, 2017
Body
I. SUMMARY
Submitted for the Reclamation Authority Board review is the monthly Investment and Cash Report.
Available Cash as September 30, 2017
$650,960.66
Balance of reserve funds as of September 30, 2017
$86,832,231.68
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.
Investment of Carson Reclamation Authority funds conform to the Reclamation Authority Investment Policy and bond indenture.
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. 7-8)
4. Investment Purchases September 2017 (Pg. 9-12)
Prepared by: Monica Cooper, Authority Treasurer