Report to Carson Reclamation Authority
Tuesday, September 04, 2018
Consent
SUBJECT:
Title
CONSIDER MONTHLY INVESTMENT AND CASH REPORT FOR THE CARSON RECLAMATION AUTHORITY AS OF JUNE 30, 2018
Body
I. SUMMARY
This matter has been carried over from the August 7, 2018 Carson Reclamation Authority agenda due to no quorum on August 7, 2018.
Submitted for the Reclamation Authority Board members is the monthly Investment and Cash Report:
Available cash as of June 30, 2018
$ 291,639.62
Balance of reserve funds as of June 30, 2018
$ 77,470,368.08
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 Authority Board members 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, bond indenture and enterprise agreement.
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. Investment Portfolio Holdings Carson Reclamation Authority #1 (Pgs. 3-4)
2. Investment Portfolio Holdings Carson Reclamation Authority #2 (Pg. 5)
3. Investment Portfolio Holdings Carson Reclamation Authority Remediation
(Pg.6-7)
4. Investment Portfolio Holdings Carson Reclamation Authority Transfer Account (Pg.8)
5. Investment Portfolio Holdings Distribution (Pg.9)
Prepared by: Monica Cooper, Carson Reclamation Authority Treasurer