HomeMy WebLinkAbout11/15/2022 06.C. October 2021 Investment Transactions Report 1,),„
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BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT
Item No. 6.C.
For Meeting of: November 15, 2022
ITEM TITLE: October 2021 Investment Transactions Report
SUBMITTED BY: Jennifer Ferrer Santa Ines, Director of Finance and Budget
SUMMARY EXPLANATION:
Monthly report of all investment transactions. Each investment is in full compliance with the City's
Investment Policy, State Statues and City Municipal Code. 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.
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.
ATTACHMENTS:
Description Upload Date Type
0 Memo 11/3/2022 Corer Memo
2
!44£
FINANCE
DATE: November 2, 2022
TO: Mayor and City Council
FROM: Jennifer Ferrer-Santa Ines, Director of Finance and Budget
Kimberly Domine Financial Services Manager
RE: October 2022 Investment Transactions
The investment transactions for October 2022 were:
Matured:
• $1 ,000,000 FFCB matured October 22, 2022
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').
3
4
FINANCE
City of Yakima
Investment Portfolio Maturity Distribution-October 31,2022
$z,5oo,000
$z,000,000
$1,so0,000
$1,000,000
$500,000
$0 •
N N re en M en <n en M M /rf m m enN ect-N N n.N n.N gerN N N N N N 7 1n u+ in L in in . L Nn N i,r
N N N N N ' N N N N rV N N N N N N ' N N ni N N N N N N N N . N N N N N N N
0 2 $ u .E g ¢ 3 - Q O a a u 2 4 2 — 4 31 O Z $ A 2 q 4 2. 4 b ,W o 2 z 8
City of Yakima
Diversification by Issuer-October 31, 2022
Treas
$32,000,000
25.1% FFCB
�. or
$11,000,000
8.6%
FHLB
$4,000,000
3.1% FAMCA
$4,000,000
3.1%
FNMA
$5,000,000
3.9%
Apple
000,
` $1,00g0,000
Walmart
$1,000,000
0.8%
W
.