Loading...
HomeMy WebLinkAbout06/17/2025 07.C. May 2025 Investment Transaction Report r `y s ljlt ii! . il BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. 7.C. For Meeting of: June 17, 2025 ITEM TITLE: May 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: 2025-5 Investment Transactions Summary memo.pdf 17 t;00) ; "',_ FINANCE ATE: June 2, 2025 TO: Mayor and City Council FROM: Kimberly Domino Financial Services Manager RE: May 2025 Investment Transactions The investment transactions for May 2025 were: Matured: • $2,000,000 US Treasury matured 5/31/25 Called: • none Purchased: • $2,000,000 US Treasury, matures 8/31/28 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"). 18 .------:''''',..)r...... .. t;iiiik ; ____. ) FINANCE City of Yakima Investment Portfolio Maturity Distribution-May 31,2025 $2,500,000 $2,000,000 $1,500,000 llillilliiillillollinilimiliiiilli 1111111111111111111111111111111111111 $1,D:D,DDa $500,000 $0 ✓1 N 1/1 v1 111 LA,' 10 lD `11 +D 1D 16 tD 1D tD 1D 1O 'D N N N N N N N N N N N pp CO CO tD DO 2 CO N N N N N N N N N N N 4 N N N N N N N N N N N N N N N N N N N N N N N N N N N o r o w w L a 6 6) v u o a6i L LL b a 3 3 ' 6 Y, a '6 v a 3 j a 0 a o g a a 0 2 0 g a a - - a a City of Yakima Diversification by Issuer May 31,2025 FFCB $12,000,000 FI1L0 94% _$14,000,000 1 M 11% ,111111s7 FAMCA $7,000,00C r 5% FNMA. _ $6,000,000 Tress 5% $34,000,000_ J Deere 27% 52,000,000 2% ....00001111111114-____ r Walmart $2,000,000 2% LGIP $50,619,211 40% 19