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 APRIL 30, 2020
Body
I. SUMMARY
Submitted to the Carson Reclamation Authority Board members is the monthly Reserves and Cash report:
Available cash as of April 30, 2020
$ 1,600,594.93
Balance of reserve funds as of April 30, 2020
$ 17,058,321.90
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 April 30, 2020. (Pg. 3)
2. Carson Reclamation Authority #2 Investment Portfolio Holdings April 30, 2020 (Pg. 4)
3. Carson Reclamation Authority Remediation Investment Portfolio Holdings April 30, 2020 (Pg.5)
4. Carson Reclamation Authority Investment Portfolio Holdings 60-day Rolling Transfer budget Account April 30, 2020 (Pg.6)
1.
Prepared by: Monica Cooper, Carson Reclamation Authority Treasurer