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HomeMy WebLinkAbout08/19/2025 07.C. July 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: August 19, 2025 ITEM TITLE: July 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: 2025-7 Investment Transactions Summary memo JT 8.14.pdf 18 ,`` Y1 FINANCE DATE: August 14, 2025 TO: Mayor and City Council FROM: Kimberly Domino Financial Services Manager RE: July 2025 Investment Transactions The investment transactions for July 2025 were: Matured: • $2,000,000 US Treasury, matured 7/31/25 Yield is 2.78% Called: • none Purchased: • $1,000,000 US Treasury, matures 12/1/28 Yield is 4.57% • $275,000 King County General Obligation Bond, matures 12/1/28 Yield is 4.047% 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"). 19 :-AQ FINANCE City of Yakima Investment Portfolio Maturity Distribution-July 31, 2025 $z,soo,oao $2,000,000 $1,500,000 illinillimiiiiiillinimu 111111111111111111111111111111111111 $l,a0oaao $500,000 $0 ,ti,) by 'Lh 10 �� ti� '4co '4so '10 .y1 ,�A .A 'yA .yA .tit .L4, .y4, ti$ �% ,ti4 .4, Py5b O6- oec ,P pSt ,mac pJb o Qe? 4e'Q IS ,mac v4 06 e, 4e, pq 1 Psi, Dyc cf. City of Yakima Diversification by Issuer July 31, 2025 FFCB FFILB $12,000,000 _$14,000,000 9.3% 11% FAMCA _ 56,000,000 5% FNMA $6,DDD,D00 King 0% Treas „„f i Deere 531,000,000_ __ _$2,000,000 24% �� 2% _Toyota „0001011110111111111 —_—--1 $1,aoa,000 1% _Walmarc 1111" - WEB $2,000,000 1,000,060 2% 1% 20