HomeMy WebLinkAbout08/16/2022 06.C. July 2022 Investment Transaction Report BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT
Item No. 6.C.
For Meeting of:August 16, 2022
ITEM TITLE: July 2022 Investment Transaction Report
SUBMITTED BY: Jennifer Ferrer-Santa Ines, Director of Finance and Budget
Kimberly Domine, Financial Services Manager
SUMMARY EXPLANATION:
Summary Explanation: This monthly report is in compliance 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 that provides a complete position listing with further analysis, economic
outlook and strategy updates. Each investment is in full compliance with the City's Investment
Policy, State Statues and City Municipal Code.
ITEM BUDGETED: NA
STRATEGIC PRIORITY: Public Trust and Accountability
APPROVED FOR SUBMITTAL BY THE CITY MANAGER
RECOMMENDATION:
Review only. Submitted for routine transparency and accountability purposes.
ATTACHMENTS:
Description Upload Date Type
July 2022 Investment Transactions 8/9/2022 Omer Memo
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FINANCE
DATE: August 8, 2022
TO: Mayor and City Council
FROM: Jennifer Ferrer-Santa Ines, Director of Finance and Budget
Kimberly Domine Financial Services Manager
RE: July 2022 Investment Transactions
The investment transactions for July 2022 were:
Matured:
• none
Called:
• none
Purchased:
• none
The focus of investments now is to fill maturity gaps in a 4-5-year maturity horizon to
minimize reinvestment risk and maximize investment earnings while maintaining a
consistent cash flow.
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-July 31,2022
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$o
a . �'y,�cti.1' �titi °,"1v 0 tra,';1?' �ti� °�~, a�°i ati' tr.z"g' 3* �1P �'� 0 0 A' 1, �1, ,:y
City of Yakima
Diversification by Issuer-July 31,2022
Treas
$28,000,000 FFCB
20.7%-... $12,000,000
' 8.9%
FHLB
$5,000,000
ii 3.7% FAMCA
$4,000,000
3.0%
FNMA
$5,000,000
Apple
$1,000,000pp
- Walmert
$1,000,000
0.7%
LGIP
$78,978,581
58.5%— — — —