Report to Carson Reclamation Authority
Tuesday, January 14, 2020
Consent
SUBJECT:
Title
CONSIDER THE MONTHLY INVESTMENT AND CASH REPORT FOR THE CARSON RECLAMATION AUTHORITY FOR MONTH ENDING NOVEMBER 2019
Body
I. SUMMARY
Submitted to the Carson Reclamation Authority Board members is the monthly Investment and Cash report:
Available cash as of November 30, 2019
$5,203,966.96
Balance of reserve funds as of November 30, 2019
$29,618,709.13
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. The Treasurer attests to the liquidity of the Authority’s assets and not the sufficiency.
Investment of Carson Reclamation Authority funds conform to the Reclamation Authority investment policy, bond indenture and enterprise agreement.
V. FISCAL IMPACT
None
VI. EXHIBITS
1. Carson Reclamation Authority #1 Investment Portfolio Holdings November 30, 2019 (Pg. 3)
2. Carson Reclamation Authority #2 Investment Portfolio Holdings November 30, 2019 (Pg. 4)
3. Carson Reclamation Authority Remediation Investment Portfolio Holdings November 30, 2019 (Pg.5)
4. Carson Reclamation Authority Investment Portfolio Holdings 60-day Rolling Transfer budget Account November 30, 2019 (Pg.6)
1.
Prepared by: Monica Cooper, Carson Reclamation Authority Treasurer