Report to Carson Reclamation Authority
Tuesday, February 04, 2020
Consent
SUBJECT:
Title
CONSIDER THE MONTHLY INVESTMENT AND CASH REPORT FOR THE CARSON RECLAMATION AUTHORITY FOR MONTH ENDING DECEMBER 2019
Body
I. SUMMARY
Submitted to the Carson Reclamation Authority Board members is the monthly Investment and Cash report:
Available cash as of December 31, 2019
$ 591,457.10
Balance of reserve funds as of December 31, 2019
$ 28,376,102.59
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 Treasurer attests to the liquidity of the Authority’s assets and not the sufficiency.
V. FISCAL IMPACT
None
VI. EXHIBITS
1. Carson Reclamation Authority #1 Investment Portfolio Holdings December 31, 2019 (Pg. 3)
2. Carson Reclamation Authority #2 Investment Portfolio Holdings December 31, 2019 (Pg. 4)
3. Carson Reclamation Authority Remediation Investment Portfolio Holdings December 31, 2019 (Pg.5)
4. Carson Reclamation Authority Investment Portfolio Holdings 60-day Rolling Transfer budget Account December 31, 2019 (Pg.6)
1.
Prepared by: Monica Cooper, Carson Reclamation Authority Treasurer