Report to Carson Reclamation Authority
Tuesday, November 05, 2019
Consent
SUBJECT:
Title
CONSIDER THE MONTHLY INVESTMENT AND CASH REPORT FOR THE CARSON RECLAMATION AUTHORITY FOR MONTH ENDING SEPTEMBER 2019
Body
I. SUMMARY
Submitted to the Carson Reclamation Authority Board members is the monthly Investment and Cash report:
Available cash as of September 30, 2019
$ 2,887,540.75
Balance of reserve funds as of September 30, 2019
$ 29,517,347.64
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 Carson Reclamation Authority Board to ensure 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. Carson Reclamation Authority #1 Investment Portfolio Holdings September 30, 2019 (Pg. 3)
2. Carson Reclamation Authority #2 Investment Portfolio Holdings September 30, 2019 (Pg. 4)
3. Carson Reclamation Authority Remediation Investment Portfolio Holdings September 30, 2019 (Pg.5)
4. Carson Reclamation Authority Investment Portfolio Holdings 60-day Rolling Transfer budget Account September 30, 2019 (Pg.6)
1.
Prepared by: Monica Cooper, Carson Reclamation Authority Treasurer