Report to Carson Reclamation Authority
Thursday, July 16, 2020
Consent
SUBJECT:
Title
CONSIDER THE MONTHLY RESERVES AND CASH REPORT FOR THE CARSON RECLAMATION AUTHORITY FOR MONTH ENDING MAY 31, 2020
Body
I. SUMMARY
Submitted to the Carson Reclamation Authority Board members is the monthly Reserves and Cash report:
Available cash as May 31, 2020
$885,354.97
Balance of reserve funds as of May 31, 2020
$17,058,900.47
II. RECOMMENDATION
Recommendation
RECEIVE and FILE.
Body
III. ALTERNATIVES
TAKE another action the Council deems appropriate.
IV. BACKGROUND
The monthly Reserves 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 Authority’s assets and not the sufficiency.
V. FISCAL IMPACT
None
VI. EXHIBITS
1. Carson Reclamation Authority #1 Investment Portfolio Holdings May 31, 2020. (Pg. 3)
2. Carson Reclamation Authority #2 Investment Portfolio Holdings, May 31, 2020 (Pg. 4)
3. Carson Reclamation Authority Remediation Investment Portfolio Holdings May 31, 2020 (Pg.5)
4. Carson Reclamation Authority Investment Portfolio Holdings 60-day Rolling Transfer budget Account May 31, 2020 (Pg.6)
1.
Prepared by: Monica Cooper, Carson Reclamation Authority Treasurer