HomeMy WebLinkAbout09/16/2025 07.C. August 2025 Investment Transaction Report r `y s ljlt
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BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT
Item No. 7.C.
For Meeting of: September 16, 2025
ITEM TITLE: August 2025 Investment Transaction Report
SUBMITTED BY: Craig Warner, Director of Finance and Budget
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:
2025-8 Investment Transactions Summary memo.pdf
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"',_ FINANCE
DATE: September 2, 2025
TO: Mayor and City Council
FROM: Kimberly Domino Financial Services Manager
RE: August 2025 Investment Transactions
The investment transactions for August 2025 were:
Matured:
• $2,000,000 FNMA, matured 8/25/25, Yield is 2.87%
Called:
• none
Purchased:
• $1,000,000 Bank of NY Mellon, matures 10/30/28, Yield is 3.90%
• $1,000,000 PACCAR, matures 1/31/29, Yield is 3.90%
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").
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FINANCE
City of Yakima
Investment Portfolio Maturity Distribution-August 31,2025
$2,500,000
$2,000,000
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$500,000
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City of Yakima
Diversification by Issuer August 31,2025
FFCB FHLB
S12 000,000 514,000,000
11%
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FAMCA
S6,000,000
5%
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FNMA
$4,000,000
3%
King
5275,000
„dodo:0000
Tress p%
S31,000,OW,
24%
CARP
$8,000,000
6%
LGIP
554,202,846
42%
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