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HomeMy WebLinkAbout05/20/2025 07.B. April 2025 Investment Transaction Report r `y s ljlt ii! . il BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. 7.B. For Meeting of: May 20, 2025 ITEM TITLE: April 2025 Investment Transaction Report SUBMITTED BY: Craig Warner, Director of Finance and Budget Kimberly Domine, Financial Services Manager SUMMARY EXPLANATION: This monthly report is provided consistent with RCW 35.39.032 which requires "The responsible official or committee shall make a monthly report of all investment transactions to the city legislative authority". A complete Treasury report is provided to City Council quarterly which provides a complete position listing with further analysis, economic outlook and strategy updates. ITEM BUDGETED: N/A STRATEGIC PRIORITY 24-25: A Resilient Yakima RECOMMENDATION: Submitted for review. No action necessary. ATTACHMENTS: 2025-4 Investment Transactions Summary memo.pdf 14 t;00 "',_ FINANCE ATE: May 1, 2025 TO: Mayor and City Council FROM: Kimberly Domino Financial Services Manager RE: April 2025 Investment Transactions The investment transactions for April 2025 were: Matured: • $2,000,000 US Treasury matured 4/30/25 Called: • none Purchased: • $2,000,000 J Deere matures 7/14/28 The focus of investments now is to fill maturity gaps in a shortened (3-4-year maturity horizon, instead of 5-year pre-COVID) ladder to minimize reinvestment risk subject to rates at any one point in time and hedging against further decreasing rate exposure. This monthly memorandum of all investment transactions complies with RCW 35.39.032 ("The responsible official or committee shall make a monthly report of all investment transactions to the city legislative authority"). 15 t; s __) FINANCE City of Yakima Investment Portfolio Maturity Distribution-April 30,2025 $2,500,000 — $2,000,000 $1,500,000 $1,000,000 $500,000 so T Le) (!t Lr. V1 (fl V1 (!1 l0 40 (D (0 } CD f0 c0 (0 (0 ID (O N N It A T A A AN N A W Co COT 00 COCO N N N N N N N N N CO N N N N CO N N N N N N N N !4 . N N N N N N N CO N N N N CO N i , ny o w 5 a I L m , ,D A u ¢ 2 yi Q v 4 n a c 3 , ', N O 2 2 Q Q ,N O z Z City of Yakima Diversification by Issuer April 30,2025 FFC6 FHLB 512,000,000 ,000, 9.6% _514000000 11% FAMCA ._57,000,000 6% FNMA 56,000,000 5% Treas 27% €oo e 534,0U0,000_� pir:dogi jigllillIllk---- Walmart $2,000,000 2% LGIP $48,423,864 39% 16