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HomeMy WebLinkAbout2018-03_FNCE Reports 1st QtrINVESTMENTS BY DISTRICT 3/31/2018 INVESTMENTS BY DISTRICT 3/31/2018 FUND NAME TOTAL FUND NAME TOTAL Treasurer's O&M 41,076.71 PUD #1 Tax Revenue 1,925,000.00 County Roads 15,608.55 PUD #1 Bond 1,095,165.77 Public Infrastructure Fund 913,095.39 PUD #1 Tri-Area Bond Reserve 173,648.07 Solid Waste 1,912,012.33 PUD #1 LUD #11 Water Bond 1999 32,107.26 Solid Waste Post Closure 55,132.43 PUD #1 LUD #11 Water Reserve 224,922.45 Solid Waste Equipment Reserve 854,852.97 PUD #1 LUD #13 Bond 20,821.94 Employee Benefit Reserve 647,588.69 PUD #1 LUD #13 Water Reserve 12.59 JC Drainfield Trust 120,083.58 PUD #1 LUD #15 Bond 2008 365,563.91 Cemetery District #3 General 42,699.27 PUD #1 LUD #14 Bond 2009 2,345,752.79 Cemetery District #1 General 3,799.75 Olympic Area on Aging 939,718.37 Cemetery District #2 General 138,240.45 O3A Unemployment Compensation 78,911.69 Fire District #1 General 1,632,639.13 School District #20 General 49,321.41 Fire District #1 Bldg/Apparatus 222,803.07 School District #20 Building 80,453.14 Fire District #1 EMS 926,800.31 School District #20 Transportation 56,825.29 Fire District #1 EMS/Apparatus 1,140.87 School District #46 General 292,181.73 Fire District #2 General 416,515.72 School District #46 Building 9,415.36 Fire District #2 Cap Project 766,454.52 School District #46 Transportation 501.67 Fire District #2 EMS 92,220.55 School District #48 General 1,130,921.91 Fire District #3 General 1,059,717.45 School District #48 Building 50,916.53 Fire District #3 Reserve 882,555.04 School District #48 UTGO 2010 Bond 522,932.59 Fire District #3 EMS 525,788.72 School District #48 ASB 60,821.70 Fire District #3 Cap Project 2008 2,226.27 School District #48 Transportation 17,099.38 Fire District #4 General 93,701.92 School District #49 General 1,735,343.22 Fire District #4 EMS 189,181.10 School District #49 Building 2,030,371.27 Fire District #5 General 7,915.93 School District #49 ASB 108,208.00 Fire District #5 Project Fund 2016 505,322.65 School District #49 Transportation 545,851.00 Fire District #5 EMS 8,106.19 School District #49 UTGO Ref Bond 2007 8,159.62 Park & Recreation #1 General 48,851.52 School District #50 General 846,000.00 Hospital District #1 General 205,000.00 School District #50 UTGO 2016 441,218.84 Hosp #2 LTGO Bond 2004 471,812.83 School District #50 Building 27,231,927.00 UTGO Hospital #2 Bond Ref 2002 78,952.35 School District #50 UTGO Refg 2007 124,455.76 Hospital District #2 Facilities and Equipment 245,459.63 School District #50 ASB 340,200.00 Hospital District #2 Board Designated Cash 16,472,750.42 School District #50 Transportation 114,607.31 Hospital District #2 Community Health 88,727.77 Transit General 1,300,000.00 Hospital District #2 Operating Reserves 1,613,932.90 Transit Capital 2,308,632.69 Library District #1 General 153,302.00 Water District #1 General 9,450.49 Library District #1 Capital Reserve 1,801,738.80 Water District #1 Meter Fund 19,375.02 Library District #1 Unemployment Reserve 196,070.31 Water District #2 General 500.00 Library District #1 Gift Account 53,828.22 Pt. Ludlow Drainage District General 100,000.00 Port Reserve 1,205,833.06 Pt. Ludlow Drainage District Reserve 46,800.00 PUD #1 General 5,866,875.79 Treasurer's Cash 35,443,963.91 TOTAL INVESTMENT PORTFOLIO 122,808,494.84 TOTAL INVESTMENTS BY BANK #BANK 11/30/2017 12/31/2017 1/31/2018 2/28/2018 3/31/2018 275 First Federal Bank 3,000,000.00 3,000,000.00 3,000,000.00 3,000,000.00 3,000,000.00 310 Columbia/Sound Community Bank 5,966,148.87 5,966,148.87 5,966,148.87 5,966,148.87 5,966,227.75 520 Opus Bank 10,008,194.29 10,028,572.17 10,041,817.45 10,053,455.18 10,067,262.91 550 Kitsap Bank 100,000.00 - - - - 900 U.S. Government Securities 9,351,956.43 9,346,388.37 9,346,388.37 9,346,388.37 9,844,645.44 *999 State Investment Pool 112,878,383.47 104,934,784.03 100,239,860.36 100,051,422.27 93,930,358.74 TOTAL 141,304,683.06 133,275,893.44 128,594,215.05 128,417,414.69 122,808,494.84 *Includes Treasurer's Cash for March 18 - State Pool: $7,532,055.56 Includes Treasurer's Cash for February 18 - State Pool: $10,810,819.99 Includes Treasurer's Cash for January 18 - State Pool: $9,441,848.71 Includes Treasurer's Cash for December 17 - State Pool: $12,451,968.93 Includes Treasurer's Cash for November 17 - State Pool: $17,791,740.68 Certificate of Deposit, 8,966,227.75 , 7.30% Public Interest Checking, 10,067,262.91 , 8.20% US Agency Securities, 9,844,645.44 , 8.02% Washington State Pool, 93,930,358.74 , 76.49% Investment Summary March 31, 2018 STATE INVESTMENT POOL RATES 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 January 5.2113%4.3596%1.2669%0.2864%0.2328%0.1213%0.1745%0.1112%0.1345%0.3868%0.6304%1.4286% February 5.2768%3.7871%1.0689%0.2723%0.2189%0.1394%0.1650%0.1053%0.1347%0.4201%0.6304%1.4728% March 5.2372%3.1375%1.0301%0.2245%0.2338%0.1367%0.1778%0.1137%0.1577%0.4484%0.6996%1.5742% April 5.2260%2.6998%0.8905%0.2395%0.1718%0.1479%0.1667%0.1008%0.1431%0.4935%0.8291% May 5.1936%2.4281%0.6678%0.2709%0.1394%0.1443%0.1351%0.0922%0.1428%0.4241%0.8687% June 5.2068%2.2933%0.7396%0.3014%0.1583%0.1746%0.1233%0.0870%0.1691%0.4287%0.9794% July 5.2053%2.2758%0.6507%0.2762%0.1561%0.1764%0.1197%0.1087%0.1449%0.4894%1.0733% August 5.2265%2.3328%0.6036%0.2680%0.1723%0.1848%0.1231%0.1038%0.1561%0.4853%1.1100% September 5.1232%2.3892%0.4703%0.2997%0.1688%0.1807%0.1233%0.1089%0.1871%0.5166%1.1285% October 4.9108%2.4652%0.4164%0.2564%0.1127%0.1777%0.1260%0.0984%0.1865%0.4739%1.1380% November 4.6985%2.1903%0.3300%0.2155%0.1480%0.1792%0.1161%0.0929%0.1676%0.4684%1.1560% December 4.5607%1.8183%0.3347%0.2644%0.1305%0.2350%0.1278%0.1038%0.2529%0.5067%1.2752% 0.0000% 1.0000% 2.0000% 3.0000% 4.0000% 5.0000% 6.0000% State Investment Pool Rates 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 No Activity in January or February 2018 0 100000 200000 300000 400000 500000 600000 700000 800000 900000 Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec 2018 AGENCY PORTFOLIO TRANSACTIONS Matured Called Purchased Treasury Principal Interest Purchase Maturity Poss. Call 2018 Annual Type Amount Rate Date Date Date Interest FFCB -$ 0.94%7/29/2015 3/19/2018 One-time call 1,645.00 FFCB 1,249,213$ 1.106%11/23/2015 5/23/2018 Non-Call 13,500.00 FAMCA 500,000$ 1.30%12/6/2015 12/3/2018 Non-Call 6,500.00 FFCB 250,125$ 1.42%1/14/2016 12/28/2018 Continuous Call 3,550.00 FNMA 1,000,000$ 1.13%7/26/2016 7/26/2019 Quarterly Call 11,300.00 FNMA 1,000,000$ 1.20%10/25/2016 10/25/2019 Quarterly Call 12,000.00 FNMA 999,250$ 1.35%9/15/2016 9/15/2020 Quarterly Call 13,500.00 FNMA 999,750$ 1.70%1/31/2017 1/31/2020 Quarterly Call 17,000.00 FNMA 1,000,000$ 1.65%3/23/2017 1/17/2020 Quarterly Call 16,500.00 FHLB 1,000,000$ 2.00%9/15/2017 9/6/2022 Continuous Call 20,000.00 FAMCA 501,054$ 1.75%9/27/2017 6/15/2020 Non-Call 8,750.00 FAMCA 497,852$ 1.54%9/27/2017 10/15/2020 Non-Call 7,700.00 FHLB 249,975$ 2.13%3/21/2018 3/21/2019 Non-Call 2,656.25 FHLB 248,664$ 2.13%3/21/2018 3/13/2020 Non-Call 2,656.25 FFCB 350,000$ 2.38%3/27/2018 3/27/2020 Non-Call 4,156.25 9,845,883$ 141,413.75 Bank Principal Interest Interest Purchase Maturity Name Amount Rate Yield Date Date First Federal 2,000,000$ 1.55%1.56%3/25/2014 03/25/19 *** First Federal 1,000,000$ 1.53%1.54%3/26/2014 03/25/19 ***Sound Community Bank 1,500,000$ 1.19%1.20%8/31/2016 08/31/20 ** Sound Community Bank 1,000,000$ 1.75%1.76%8/9/2016 08/09/21 ** Sound Community Bank 2,500,000$ 1.75%1.76%8/31/2016 08/31/21 8,000,000$ **CD opened with a 5-year term but can mature at anytime incurring a 90-day interest penalty ***CD opened with a 5-year term but can mature at anytime incurring a 365-day interest penalty TREASURERS CASH TIME CERTIFICATES 208 TREASURERS CASH TREASURY INVESTMENTS 2018 JEFFERSON COUNTY Schedule of Long Term Debt For the Year ended March, 2018 Schedule 09 Date of Amount Beginning Amount that Ending ID Date of Final Interest Originally Unmatured Amount Became Due Unmatured Description No Issue Maturity Rate Issued Debt 1st of Month Issued This Period Debt G.O. DEBT RID PW Transfer Fund Loan 253.13 7/1/2000 7/1/2020 4.00%511,900 78,946 78,946 Castle Hill Property 263.53 3/15/2002 12/1/2021 6.00%2,950,000 902,820 50,458 852,362 LTGO 2007 252.11 3/3/2003 12/1/2026 4.01%2,560,000 - - LTGO Bond 2011 252.11 3/1/2011 12/1/2030 Variable 3,150,000 300,000 300,000 LTGO Refg 2011 252.11 9/1/2011 12/1/2018 Variable 2,350,000 410,000 410,000 LTGO Refg Series B 2016 252.11 11/1/2016 12/1/2030 Variable 2,521,000 2,490,000 2,490,000 Pt Hadlock Wastewater Ln 253.13 3/12/2012 6/1/2046 0.5%10,000,000 1,676,155 1,676,155 LTGO Refg 2016 252.11 6/16/2016 12/1/2026 Variable 1,417,806 1,417,806 TOTAL G.O. DEBT:24,042,900 7,275,727 - 50,458 7,225,269 DEBT OF SPECIAL PURPOSE DISTRICTS FIRE DISTRICT #1 Fire #1 2010 Bond 251.11 6/16/2005 12/1/2030 Variable 4,280,000 325,000 325,000 Fire #1 2013 Bond 252.11 4/6/2013 12/1/2032 Variable 3,585,000 3,585,000 Fire #1 2017 Bond 251.11 12/7/2017 12/1/2020 2.20%500,000 500,000 - 500,000 TOTAL FIRE DISTRICT #1 4,780,000 4,410,000 - - 4,410,000 FIRE DISTRICT #5 UTGO Bond 2016 251.11 5/3/2016 12/1/1935 Variable 530,000 520,000 520,000 TOTAL FIRE DISTRICT #5 530,000 520,000 - - 520,000 Hospital District #2 Real Estate Contract 263.51 7/1/2012 7/1/2027 5.175%7,480,000 4,768,277 4,768,277 ESSB Loan 2016 263.62 7/6/2015 N/A - - UTGO Refunding 2013 252.11 4/9/2013 12/1/2023 Variable 1,180,000 1,180,000 LTGO Bond 17A 7/26/2017 7/26/2047 2.89%1,250,000 1,250,000 1,250,000 LTGO Bond 17B 7/26/2017 7/26/2047 2.89%6,030,000 6,030,000 6,030,000 LTGO Bond 17C 7/26/2017 7/26/2047 3.25%3,900,000 3,861,117 3,861,117 REV Bond 17D 7/26/2017 7/26/2047 3.25%1,945,000 1,925,608 1,925,608 REV Bond 17E 7/26/2017 7/26/2047 3.25%6,000,000 5,940,180 5,940,180 REV Bond 17F 7/26/2017 7/26/2047 3.25%5,700,000 5,643,171 5,643,171 TOTAL HOSPITAL #2 32,305,000 30,598,353 - 0 30,598,353 Port of Port Townsend Port CERB Loan 1997 263.67 7/1/1998 7/1/2017 5.50%600,000 - - Port LTGO Refunding 2006 252.11 11/29/2005 7/1/2017 Variable 1,956,000 - - Port LTGO Bond 2010 252.11 6/9/2010 12/1/2029 Variable 5,515,000 4,105,000 4,105,000 Port Jr Lien Revenue Bond 252.11 5/5/2013 11/1/2016 Variable 409,507 409,507 Port LTGO Refunding 2015 252.11 6/10/2015 7/1/2025 Variable 3,855,000 3,855,000 TOTAL PORT 8,071,000 8,369,507 - - 8,369,507 JEFFERSON COUNTY Schedule of Long Term Debt For the Year ended March, 2018 Schedule 09 Date of Amount Beginning Amount that Ending ID Date of Final Interest Originally Unmatured Amount Became Due Unmatured Description No Issue Maturity Rate Issued Debt 1st of Month Issued This Period Debt DEBT OF SPECIAL PURPOSE DISTRICT (cont.) PUD #1 LUD #11 W&S Rev.1999 253.11 4/15/1999 11/1/2019 variable 1,090,000 365,000 365,000 LUD #14 Revenue 2009 253.11 6/27/2008 12/24/2028 variable 2,000,000 1,247,000 111,000 1,136,000 LUD #15 Revenue 2008 253.11 5/24/2008 5/1/2025 3.99%1,053,076 22,354 22,354 Tri-Area Loan 2003 263.99 4/21/2003 4/21/2043 4.50%3,043,250 2,482,919 2,482,919 Peterson Lake Loan 263.99 2/1/2006 1/1/2026 6.00%2,000,000 1,099,172 8,833 1,090,340 RUS Loan 2013 B 263.99 3/27/2013 12/31/2041 2.603%708,778 4,943 703,835 RUS Loan 2013 A 263.99 3/27/2013 12/31/2041 3.308%105,605,586 804,640 104,800,946 TOTAL PUD 9,186,326 111,530,809 - 929,416 110,601,394 SCHOOL DISTRICT #20 Energy Lease 2013 263.96 8/22/2013 6/1/2023 2.60540%30,695 30,695 TOTAL SCHOOL DIST #20 - 30,695 - - 30,695 SCHOOL DISTRICT #48 UTGO Refg 2010 251.12 7/7/2010 12/1/2018 variable 1,475,000 190,000 190,000 Energy Lease 2012 263.56 3/29/2012 6/1/2022 2.16385%302,372 162,552 162,552 TOTAL SCHOOL DIST #48 1,777,372 352,552 - - 352,552 School District #50 LTGO Bond 2009 252.11 7/30/2009 12/1/2019 4.45%475,000 113,800 113,800 UTGO Bond 2016 252.11 6/1/2016 12/1/2035 Variable 35,195,000 35,195,000 TOTAL SCHOOL DIST #50 475,000 35,308,800 0 0 35,308,800 TRANSIT Transit Sales Tax Bond 2014 252.11 7/1/2014 12/1/2033 variable 1,090,000 410,000 410,000 TOTAL TRANSIT 1,090,000 410,000 - - 410,000 PORT LUDLOW DRAINAGE Public Works Board Loan 253.14 3/16/2009 3/16/2011 0.50%47,813 23,907 23,907 TOTAL PORT LUDLOW DRAINAGE 47,813 23,907 - - 23,907 TOTAL JEFFERSON COUNTY DEBT:82,305,411$ 198,830,350$ -$ 979,874$ 197,850,477$