HomeMy WebLinkAbout2019-06_FNCE_Reports_June_2ndQuarterJefferson County Finance Committee Treasurer’s Report
Meeting date July 23, 2019 covering Second Quarter 2019
• Investments by District 6/30/2019, Total amount is $121,659,349. Overall investments amount
is up $8.67 million from last quarter and $6.4 million from this time last year. Specifically, Port
Townsend School is down $13 million from last year with the school construction. Treasurer’s
Cash is up $6.4 million from last quarter and up $1.8 million from this time last year. $1.3 million
of the $1.8 million increase from last year is general fund cash.
• Total Investments by Bank 6/30/2019, the State Investment Pool amount of $89.88 million
includes Treasurer’s Cash of $15.7 million. General Fund cash balance on June 30, 2019 was
$8.16 million.
• Investment Summary 6/30/2019. 74% of all county and special district investments are held in
the state investment pool, 8% in CDs, 8% in Public Interest Checking and 10% in US Agency
securities. For Treasurer’s Cash, the portion held in the LGIP is 35%, 18% in CDs, 23% in
public interest checking and 24% in US Agency Securities.
• Liquid Investments: State Investment Pool Rates are now at 2.5056% and has held steady from
January to July. The Public Interest Checking account earned 2.56% in June. It’s ranged from
0.05% to 0.11% over the pool rate this year. With $10.35 million in that account instead of in the
LGIP, we earned $5,000 more last month and approximately $44,000 in 2019 over what we
would have in the LGIP. In 2018, we earned $77,000 more for this highly liquid investment.
Since we opened the account in October 2016, we have made a total of $132,000 more than we
would have in the LGIP. Because I can only invest in this with county funds and we need to
maintain daily cash flow, I believe we are at a good balance for maximizing investment revenue
for our highly liquid investments. See the chart below for analysis on this account.
• 2019 Agency Portfolio Transactions: In the second quarter, we reinvested two CDs valued at $3
million that matured first quarter, and another investment was called. We’re in the process of
reinvesting these funds with a longer term than the LGIP.
• Treasurer’s Cash Treasury & CD Investments as of 6/30/2019 is $11,551.315 in Securities and $8
million in CDs. Annual interest revenue from our current securities is $218,181.
• Schedule of Long Term Debt for the end of the second quarter. General Obligation debt is
$6,099,124 with a net reduction in June of $138,471 and from last quarter of $171,134. The
JeffCom portion of debt includes the two listed items: The LTGO Refunding 2016 at $1,269,761
and a portion of LTGO Refunding 2016B at $974,238 for a total of $2,243,999 of the total $6.1
million general obligation county debt. Total General Obligation and Special Purpose District debt
is $187,696,688 with a net reduction of $1,011,223 from last month and $1,598,579 from last
quarter.
Page 1
2019 FINANCE COMMITTEE INVESTMENTS Month 6
INVESTMENTS BY DISTRICT 6/30/2018 3/31/2019 4/30/2019 5/31/2019 6/30/2019 $ Up/(Down) from$ Up/(Down) from Year to DateFUND NAME TOTAL 6 TOTAL 15 TOTAL 16 TOTAL 17 TOTAL 18 Last Quarter Last Year AVERAGE
Treasurer's O&M 32,880.40 49,839.04 45,559.32 45,653.16 49,389.02 (450.02)16,508.62 48,306.09
County Roads 15,671.89 4,798.43 4,808.16 4,817.67 4,827.34 28.91 (10,844.55)4,803.57
Public Infrastructure Fund 916,850.54 931,612.95 933,559.36 935,458.54 937,392.16 5,779.21 20,541.62 932,641.33
Solid Waste 1,935,871.09 2,084,814.87 2,160,137.93 2,164,637.86 2,232,935.68 148,120.81 297,064.59 2,134,935.74
Solid Waste Post Closure 55,356.43 50,181.72 50,283.88 50,383.62 50,485.12 303.40 (4,871.31)50,235.62
Solid Waste Equipment Reserve 858,359.02 872,150.71 873,969.70 875,744.47 877,551.47 5,400.76 19,192.45 873,111.85
Employee Benefit Reserve 686,534.74 715,396.50 716,349.28 739,848.69 759,044.09 43,647.59 72,509.35 720,893.97
JC Drainfield Trust 120,571.46 122,471.71 122,721.04 122,964.46 123,212.16 740.45 2,640.70 122,603.25
Cemetery District #3 General 42,872.76 43,548.46 43,637.11 43,723.66 43,811.74 263.28 938.98 43,595.23
Cemetery District #1 General 3,799.75 3,799.75 3,799.75 3,799.75 3,799.75 0.00 0.00 3,799.75
Cemetery District #2 General 138,436.13 139,713.41 139,813.41 139,911.04 140,010.39 296.98 1,574.26 139,766.17
Fire District #1 General 2,100,705.01 1,753,253.18 1,476,774.38 2,255,598.13 1,774,221.15 20,967.97 (326,483.86)1,842,109.99
Fire District #1 Bldg/Apparatus 303,749.00 449,646.93 450,530.81 451,424.45 452,333.83 2,686.90 148,584.83 436,818.49
Fire District #1 EMS 1,471,678.87 1,144,766.66 895,536.88 1,307,477.22 949,534.96 (195,231.70)(522,143.91)1,023,964.15
Fire District #1 EMS/Apparatus 1,146.85 115,275.69 115,500.13 115,729.22 115,962.35 686.66 114,815.50 111,073.30
Fire District #2 General 186,286.86 686,927.61 698,167.97 878,181.72 948,458.31 261,530.70 762,171.45 745,909.83
Fire District #2 Cap Project 769,582.48 650,044.14 651,553.07 652,863.45 654,197.83 4,153.69 (115,384.65)700,688.28
Fire District #2 EMS 165,379.98 51,954.71 210,826.69 291,864.66 307,449.78 255,495.07 142,069.80 223,760.09
Fire District #3 General 1,423,669.32 832,264.31 617,737.71 546,281.54 497,283.19 (334,981.12)(926,386.13)763,799.62
Fire District #3 Reserve 883,799.94 888,648.61 889,284.81 889,905.92 890,537.97 1,889.36 6,738.03 888,984.25
Fire District #3 EMS 616,204.70 397,175.95 321,074.34 259,517.88 249,789.42 (147,386.53)(366,415.28)366,458.33
Fire District #3 Cap Project 2008 1,562.85 1,584.22 1,587.44 1,590.58 1,593.78 9.56 30.93 1,585.92
Fire District #4 General 273,451.37 227,296.63 232,751.86 303,215.67 332,170.85 104,874.22 58,719.48 257,537.82
Fire District #4 EMS 211,348.64 271,507.75 263,631.59 315,865.33 326,333.18 54,825.43 114,984.54 288,835.64
Fire District #5 General 54,466.40 100,835.40 94,679.84 131,263.88 130,515.74 29,680.34 76,049.34 101,553.40
Fire District #5 Project Fund 2016 504,759.73 512,722.92 513,771.67 509,642.67 502,665.30 (10,057.62)(2,094.43)510,223.64
Fire District #5 EMS 16,196.84 18,639.56 14,364.70 14,265.23 25,840.37 7,200.81 9,643.53 16,728.37
Park & Recreation #1 General 49,206.18 87,992.94 73,215.53 80,710.21 83,231.73 (4,761.21)34,025.55 82,663.33
Hospital District #1 General 205,000.00 205,000.00 205,000.00 205,000.00 205,000.00 0.00 0.00 205,000.00
Hosp #2 LTGO Bond 2004 474,586.27 498,616.25 500,858.97 503,652.87 506,219.55 7,603.30 31,633.28 499,777.50
79,273.13 45,387.82 45,480.22 45,570.43 45,662.23 274.41 (33,610.90)45,436.57
Hospital District #2 Facilities and Equipment 246,456.91 250,341.14 250,850.79 251,348.35 251,854.68 1,513.54 5,397.77 250,610.02
Hospital District #2 Board Designated Cash 16,682,394.38 20,358,513.05 19,761,603.32 19,304,288.57 19,368,501.73 (990,011.32)2,686,107.35 19,892,300.49
Hospital District #2 Community Health 89,088.27 90,492.32 90,676.54 90,856.39 91,039.42 547.10 1,951.15 90,589.51
Hospital District #2 Operating Reserves 1,620,685.59 1,647,128.74 1,650,608.48 1,654,004.80 1,657,462.08 10,333.34 36,776.49 1,648,966.26
Library District #1 General 153,302.00 553,302.00 553,302.00 553,302.00 553,302.00 0.00 400,000.00 553,302.00
Library District #1 Capital Reserve 1,991,019.33 2,013,509.93 2,015,005.16 2,122,463.81 2,125,486.36 111,976.43 134,467.03 2,049,889.76
Library District #1 Unemployment Reserve 213,866.93 217,216.39 217,658.61 218,090.34 218,529.68 1,313.29 4,662.75 217,449.70
Library District #1 Gift Account 54,046.92 54,898.72 55,010.49 55,119.61 55,230.65 331.93 1,183.73 54,957.69
Port Reserve 1,210,840.28 1,230,481.71 1,253,068.59 1,275,611.22 1,278,245.61 47,763.90 67,405.33 1,248,531.49
PUD #1 General 5,866,875.79 5,866,875.79 5,866,875.79 5,866,875.79 5,866,875.79 0.00 0.00 5,866,875.79
PUD #1 Tax Revenue 1,925,000.00 1,925,000.00 1,925,000.00 1,925,000.00 1,925,000.00 0.00 0.00 1,925,000.00
PUD #1 Bond 1,099,699.65 1,117,496.60 1,119,841.36 1,122,129.48 1,124,458.93 6,962.33 24,759.28 1,118,735.19
PUD #1 Tri-Area Bond Reserve 174,353.58 177,101.44 177,461.98 177,813.97 178,172.17 1,070.73 3,818.59 177,291.65
PUD #1 LUD #11 Water Bond 1999 36,575.13 29,228.03 32,031.49 32,037.38 32,102.70 2,874.67 (4,472.43)30,483.95
Page 2
INVESTMENTS BY DISTRICT 6/30/2018 3/31/2019 4/30/2019 5/31/2019 6/30/2019 $ Up/(Down) from$ Up/(Down) from Year to Date
FUND NAME TOTAL 6 TOTAL 15 TOTAL 16 TOTAL 17 TOTAL 18 Last Quarter Last Year AVERAGE
PUD #1 LUD #11 Water Reserve 225,836.30 229,395.55 229,862.56 230,318.49 230,782.46 1,386.91 4,946.16 229,641.93
PUD #1 LUD #13 Bond 20,906.54 21,236.03 21,279.26 21,321.47 21,364.42 128.39 457.88 21,258.84
PUD #1 LUD #13 Water Reserve 12.65 12.85 12.88 12.91 12.94 0.09 0.29 12.87
PUD #1 LUD #15 Bond 2008 406,847.88 413,259.91 414,101.23 474,107.34 475,062.67 61,802.76 68,214.79 433,451.93
PUD #1 LUD #14 Bond 2009 2,369,928.55 2,429,944.19 2,439,320.03 2,446,080.77 2,455,652.34 25,708.15 85,723.79 2,439,893.34
Olympic Area on Aging 1,127,959.58 873,186.29 879,534.20 754,346.13 540,290.34 (332,895.95)(587,669.24)720,501.79
O3A Unemployment Compensation 79,232.30 80,481.04 80,644.89 80,804.85 80,967.62 486.58 1,735.32 80,567.48
School District #20 General 54,581.50 177,745.36 147,527.47 103,673.93 74,721.30 (103,024.06)20,139.80 114,235.21
School District #20 Building 72,508.67 77,086.34 77,086.34 77,396.08 20,901.29 (56,185.05)(51,607.38)67,675.44
School District #20 Transportation 57,117.05 65,508.45 65,508.45 65,771.67 65,904.06 395.61 8,787.01 65,534.68
School District #46 General 386,086.73 296,309.73 331,079.73 374,269.73 359,433.04 63,123.31 (26,653.69)316,656.12
School District #46 Building 9,453.56 70,349.53 70,486.58 70,626.17 64,859.41 (5,490.12)55,405.85 60,162.97
School District #46 Transportation 503.54 8,012.58 8,028.89 8,044.79 8,060.98 48.40 7,557.44 8,021.18
School District #48 General 1,130,921.91 1,264,520.11 1,320,520.11 1,690,480.63 1,422,517.84 157,997.73 291,595.93 1,335,179.82
School District #48 Building 51,123.41 454,236.52 455,161.26 456,064.07 456,982.79 2,746.27 405,859.38 454,724.38
School District #48 UTGO 2010 Bond 609,399.14 210,257.80 210,983.52 212,357.30 213,294.94 3,037.14 (396,104.20)208,368.38
School District #48 ASB 60,821.70 81,901.61 69,451.61 64,141.81 60,639.97 (21,261.64)(181.73)73,356.37
School District #48 Transportation 17,168.85 65,301.68 65,434.62 65,564.41 65,696.49 394.81 48,527.64 65,371.82
School District #49 General 2,191,343.22 2,389,343.22 2,964,343.22 2,973,343.22 2,487,343.22 98,000.00 296,000.00 2,592,343.22
School District #49 Building 2,622,371.27 2,497,371.27 2,807,371.27 3,187,371.27 3,188,071.27 690,700.00 565,700.00 2,746,821.27
School District #49 ASB 113,208.00 173,208.00 140,208.00 139,708.00 137,708.00 (35,500.00)24,500.00 153,374.67
School District #49 Transportation 548,551.00 488,746.00 490,246.00 491,357.00 492,332.00 3,586.00 (56,219.00)502,562.17
School District #49 UTGO Ref Bond 2007 8,192.77 8,321.89 8,338.83 8,355.37 8,372.20 50.31 179.43 8,330.83
School District #50 General 1,185,000.00 1,531,000.00 1,412,000.00 2,398,000.00 1,751,000.00 220,000.00 566,000.00 1,745,666.67
School District #50 UTGO 2016 1,059,781.84 702,693.18 844,598.18 1,220,900.18 1,224,545.18 521,852.00 164,763.34 857,820.51
School District #50 Building 19,091,927.00 6,001,525.81 5,631,525.81 5,276,525.81 5,346,525.81 (655,000.00)(13,745,401.19)5,726,525.81
School District #50 UTGO Refg 2007 124,960.76 126,930.76 127,190.76 127,440.76 127,700.76 770.00 2,740.00 127,068.26
School District #50 ASB 322,500.00 310,150.00 310,150.00 305,650.00 276,650.00 (33,500.00)(45,850.00)304,750.00
School District #50 Transportation 115,607.31 73,007.31 74,407.31 74,407.31 74,407.31 1,400.00 (41,200.00)73,707.31
Transit General 1,300,000.00 1,300,000.00 1,350,000.00 1,350,000.00 1,350,000.00 50,000.00 50,000.00 1,325,000.00
Transit Capital 3,316,813.69 2,156,813.69 2,156,813.69 4,320,052.69 4,320,052.69 2,163,239.00 1,003,239.00 2,877,893.36
Water District #1 General 9,488.88 9,638.41 9,658.03 9,677.19 9,696.68 58.27 207.80 9,648.76
Water District #1 Meter Fund 19,453.73 19,760.30 19,800.53 19,839.80 19,879.77 119.47 426.04 19,781.53
Water District #2 General 500.00 500.00 500.00 500.00 500.00 0.00 0.00 500.00
Pt. Ludlow Drainage District General 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00 0.00 0.00 100,000.00
Pt. Ludlow Drainage District Reserve 46,800.00 46,800.00 46,800.00 48,000.00 48,000.00 1,200.00 1,200.00 47,200.00
Treasurer's Cash 43,254,859.20 38,739,000.26 56,520,471.03 47,470,095.98 45,131,697.29 6,392,697.03 1,876,838.09 45,364,617.90
TOTAL INVESTMENT PORTFOLIO 128,075,231.92 112,983,010.36 130,236,408.44 126,252,112.82 121,659,349.32 8,676,338.96 (6,415,882.60)120,590,811.31
Page 3
INVESTMENTS BY DISTRICT 6/30/2018 3/31/2019 4/30/2019 5/31/2019 6/30/2019 $ Up/(Down) from$ Up/(Down) from Year to Date
FUND NAME TOTAL 6 TOTAL 15 TOTAL 16 TOTAL 17 TOTAL 18 Last Quarter Last Year AVERAGE
2019 FINANCE COMMITTEE INVESTMENTS - Treasurer's Cash Sub Pool Detail
Auditor's O&M 1,438.66 13,473.97 13,752.20 11,288.38 11,468.28 (2,005.69)10,029.62 27,014.08
Hotel Motel 510,112.20 574,665.94 536,909.94 482,393.92 488,446.75 (86,219.19)(21,665.45)587,571.69
Inmate Comm Tr 62,096.55 82,758.03 84,790.16 82,758.03 88,468.36 5,710.33 26,371.81 79,722.02
JC Drug Fund 51,079.72 47,982.48 48,942.53 45,348.09 45,545.37 (2,437.11)(5,534.35)50,627.78
Fed Forest Title III 84,124.88 104,282.65 123,473.79 123,671.15 123,906.97 19,624.32 39,782.09 103,904.35
Jeff Co Aff Housing - 148,015.92 152,229.11 156,738.85 156,738.85 8,722.93 156,738.85 141,571.56
Homeless Housing - 306,753.48 285,902.43 293,716.91 302,178.60 (4,574.88)302,178.60 291,228.27
Veteran's Relief 82,043.99 98,673.04 103,820.12 95,308.32 88,757.53 (9,915.51)6,713.54 87,609.29
Post Harvest 9,974.75 9,800.33 9,819.22 9,837.65 9,837.65 37.32 (137.10)9,764.78
Emer Rd Res 2,487.87 2,525.10 2,529.97 2,534.72 2,539.55 14.45 51.68 2,515.94
RID #1&2 Bond 6.88 6.97 6.98 6.99 7.00 0.03 0.12 6.95
RID #4 Bond 4,473.51 4,540.46 4,549.21 4,557.75 4,566.44 25.98 92.93 4,523.99
JC LTGO '98 1,489.29 1,511.58 1,514.49 1,517.33 1,520.22 8.64 30.93 1,506.09
Carroll Park 1.25 0.00 0.00 0.00 0.00 0.00 (1.25)0.00
Conserv Futures 741,736.41 634,942.41 729,541.69 740,048.98 743,383.36 108,440.95 1,646.95 604,606.45
Yard Waste 7,306.91 10,035.24 10,054.58 10,073.45 10,073.45 38.21 2,766.54 9,998.83
Tri-Area Sewer 754,852.23 784,645.33 816,335.58 710,722.65 710,192.30 (74,453.03)(44,659.93)793,058.88
Total Sub Pool 2,313,225.10 2,824,612.93 2,924,172.00 2,774,542.91 2,791,842.49 (32,770.44)478,617.39 2,795,230.95
Total Non-Sub Pool Treasurer's Cash 40,941,634.10 35,914,387.33 53,596,299.03 44,695,553.07 42,339,854.80 6,425,467.47 1,398,220.70 40,102,069.28
TOTAL INVESTMENTS BY BANK
#BANK 2/28/2019 3/31/2019 4/30/2019 5/31/2019 6/30/2019
275 First Federal Bank 3,500,000.00 500,000.00 500,000.00 500,000.00 500,000.00
310 Columbia/Sound Community Bank 6,266,742.90 6,266,742.90 9,266,742.90 9,266,742.90 9,266,742.90
520 Opus Bank 10,268,998.92 10,289,905.49 10,313,205.02 10,335,651.20 10,355,728.85
550 Kitsap Bank - -
900 U.S. Government Securities 12,393,727.20 12,143,751.80 12,143,751.80 12,143,751.80 11,652,149.30
*999 State Investment Pool 82,821,988.44 83,782,610.17 98,012,708.72 94,005,966.92 89,884,728.27
TOTAL 115,251,457.46 112,983,010.36 130,236,408.44 126,252,112.82 121,659,349.32
*Includes Treasurer's Cash for June 19 - State Pool: $15,716,256.08
Includes Treasurer's Cash for May 19 - State Pool: $17,583,129.92
Includes Treasurer's Cash for Apr 19 - State Pool: $26,655,951.15
Includes Treasurer's Cash for Mar 19 - State Pool: $11,897,779.91
Includes Treasurer's Cash for Feb 19 - State Pool: $11,358,853.41
Investment Summary, June 2019
-
10,000,000.00
20,000,000.00
30,000,000.00
40,000,000.00
50,000,000.00
60,000,000.00
70,000,000.00
80,000,000.00
90,000,000.00
100,000,000.00
Certificate ofDeposit US AgencySecurities Public InterestChecking WashingtonState Pool
All Investments
District & Fund Investments Treasurer's Cash
Certificate of
Deposit,
8,000,000.00, 18%
US Agency
Securities,
11,059,712.36,
24%
Public Interest
Checking, 10,355,728.85,
23%
Washington State
Pool,
15,716,256.08,
35%
Treasurer's Cash
Certificate of Deposit US Agency Securities
Public Interest Checking Washington State Pool
Certificate of Deposit,
9,766,742.90 , 8%US Agency Securities,
11,652,149.30 , 10%
Public Interest Checking,
10,355,728.85 , 8%
Washington State Pool,
89,884,728.27 , 74%
All Investments
Certificate of Deposit US Agency Securities Public Interest Checking Washington State Pool
0.00
2,000,000.00
4,000,000.00
6,000,000.00
8,000,000.00
10,000,000.00
12,000,000.00
14,000,000.00
16,000,000.00
18,000,000.00
Certificate of
Deposit
US Agency
Securities
Public Interest
Checking
Washington
State Pool
Treasurer's Cash
Treasurer's Cash
LIQUID INVESTMENTS
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2017 2018 2019 2019 Difference From LGIP
January 4.3596%1.2669%0.2864%0.2328%0.1213%0.1745%0.1112%0.1345%0.3868%0.6304%1.4286%2.4920%January 1.47%2.57%0.08%
February 3.7871%1.0689%0.2723%0.2189%0.1394%0.1650%0.1053%0.1347%0.4201%0.6304%1.4728%2.5129%February 1.52%2.58%0.07%
March 3.1375%1.0301%0.2245%0.2338%0.1367%0.1778%0.1137%0.1577%0.4484%0.6996%1.5742%2.5228%March 1.68%2.59%0.07%
April 2.6998%0.8905%0.2395%0.1718%0.1479%0.1667%0.1008%0.1431%0.4935%0.8291%1.7152%2.5393%April 1.78%2.59%0.05%
May 2.4281%0.6678%0.2709%0.1394%0.1443%0.1351%0.0922%0.1428%0.4241%0.8687%1.7949%2.4996%May 1.84%2.61%0.11%
June 2.2933%0.7396%0.3014%0.1583%0.1746%0.1233%0.0870%0.1691%0.4287%0.9794%1.8855%2.5056%June 1.97%2.56%0.05%
July 2.2758%0.6507%0.2762%0.1561%0.1764%0.1197%0.1087%0.1449%0.4894%1.0733%1.9858%July 2.04%
August 2.3328%0.6036%0.2680%0.1723%0.1848%0.1231%0.1038%0.1561%0.4853%1.1100%2.0151%August 2.07%
September 2.3892%0.4703%0.2997%0.1688%0.1807%0.1233%0.1089%0.1871%0.5166%1.1285%2.0685%September 2.11%
October 2.4652%0.4164%0.2564%0.1127%0.1777%0.1260%0.0984%0.1865%0.4739%1.1380%2.2323%October 1.16%2.31%
November 2.1903%0.3300%0.2155%0.1480%0.1792%0.1161%0.0929%0.1676%0.4684%1.1560%2.2818%November 1.18%2.35%
December 1.8183%0.3347%0.2644%0.1305%0.2350%0.1278%0.1038%0.2529%0.5067%1.2752%2.3706%December 1.36%2.45%
0.0000%
0.5000%
1.0000%
1.5000%
2.0000%
2.5000%
3.0000%
3.5000%
4.0000%
4.5000%
5.0000%
State Investment Pool Rates
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
Public Interest Checking Rates
2017
2018
2019
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
Matured 3249975
Called 491603
Purchased 3000000
No Activity Jan, Feb, or May 2019.
0
500000
1000000
1500000
2000000
2500000
3000000
3500000
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
2019 AGENCY PORTFOLIO TRANSACTIONS
Matured
Called
Purchased
Treasury Principal Interest Purchase Maturity Poss. Call 2019 AnnualTypeAmountRateDateDateDateInterest
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 1/27/2020 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 -$ 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 5,312.50
FFCB 350,000$ 2.38%3/27/2018 3/27/2020 Non-Call 8,312.50
FFCB 491,603$ 2.62%4/23/2018 1/30/2023 Quarterly Call 13,100.00
FFCB 988,943$ 2.25%5/25/2018 1/29/2021 One-time call 11,250.00
STRIPS 974,300$ 2.40%7/13/2018 8/15/2019 Non-Call 22,500.00
FHLB 1,000,000$ 3.13%8/24/2018 8/24/2023 Non-Call 31,250.00
FAMCA 499,900$ 3.41%10/29/2018 10/10/2023 Semi-Annual 17,050.00
11,551,315$ 218,181.25
TREASURERS CASH TIME CERTIFICATES 2019
Bank Principal Interest Interest Purchase Maturity
Name Amount Rate Yield Date Date
First Federal -$ 1.55%1.56%3/25/2014 03/25/19 Matured
First Federal -$ 1.53%1.54%3/26/2014 03/25/19 MaturedSound 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
Sound Community Bank 1,000,000$ 3.21%3.26%4/1/2019 04/01/23
Sound Community Bank 2,000,000$ 3.21%3.26%4/1/2019 04/01/238,000,000$
**CD opened with a 5-year term but can mature at anytime incurring a 90-day interest penalty
TREASURERS CASH TREASURY INVESTMENTS 2019
JEFFERSON COUNTY Schedule of Long Term Debt For the Year ended June, 2019 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 52,630 26,316 26,314
Castle Hill Property 263.53 3/15/2002 12/1/2021 6.00%2,950,000 642,848 54,357 588,491
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 3,150,000 200,000 200,000
LTGO Refg 2011 252.11 9/1/2011 12/1/2018 Variable 2,350,000
LTGO Refg 2011: JC PW PTN 252.11 9/1/2011 12/1/2018 Variable 2,035,000 - -
LTGO Refg 2011: JEFF COM 252.11 9/1/2011 12/1/2018 Variable 315,000 - -
LTGO Refg 2016B 252.11 11/1/2016 12/1/2030 Variable 2,521,000
LTGO Refg 2016B- TRI Area 252.11 11/1/2016 12/1/2030 Variable 1,520,163 1,479,762 1,479,762
LTGO Refg 2016B - E911 252.11 11/1/2016 12/1/2030 Variable 1,000,837 974,238 974,238
Pt Hadlock Wastewater Ln 253.13 3/12/2012 6/1/2046 0.5%10,000,000 1,618,357 57,798 1,560,559
LTGO Refg 2016 252.11 6/16/2016 12/1/2026 Variable 1,269,761 1,269,761
TOTAL G.O. DEBT:24,042,900 6,237,596 - 138,471 6,099,124
DEBT OF SPECIAL PURPOSE DISTRICTS
FIRE DISTRICT #1
Fire #1 2010 Bond 251.11 6/16/2005 12/1/2030 Variable 4,280,000 305,000 305,000
Fire #1 2013 Bond 252.11 4/6/2013 12/1/2032 Variable 3,380,000 3,380,000
Fire #1 2017 Bond 251.11 12/7/2017 12/1/2020 2.20%500,000 250,000 250,000
TOTAL FIRE DISTRICT #1 4,780,000 3,935,000 - - 3,935,000
FIRE DISTRICT #5
UTGO Bond 2016 251.11 5/3/2016 12/1/1935 Variable 530,000 500,000 500,000
TOTAL FIRE DISTRICT #5 530,000 500,000 - - 500,000
Hospital District #2
Real Estate Contract 263.51 7/1/2012 7/1/2027 5.175%7,480,000 4,233,308 34,787 4,198,521
ESSB Loan 2016 263.62 7/6/2015 N/A - -
UTGO Refunding 2013 252.11 4/9/2013 12/1/2023 Variable 1,000,000 1,000,000
LTGO Bond 17A 7/26/2017 7/26/2047 2.89%1,250,000 1,212,200 1,212,200
LTGO Bond 17B 7/26/2017 7/26/2047 2.89%6,030,000 5,838,200 5,838,200
LTGO Bond 17C 7/26/2017 7/26/2047 3.25%3,900,000 3,781,445 3,781,445
REV Bond 17D 7/26/2017 7/26/2047 3.25%1,945,000 1,885,874 1,885,874
REV Bond 17E 7/26/2017 7/26/2047 3.25%6,000,000 5,817,608 5,817,608
REV Bond 17F 7/26/2017 7/26/2047 3.25%5,700,000 5,526,728 5,526,728
TOTAL HOSPITAL #2 32,305,000 29,295,363 - 34,787 29,260,576
INFO ONLY - DETAIL BELOW
INFO ONLY - DETAIL BELOW
JEFFERSON COUNTY Schedule of Long Term Debt For the Year ended June, 2019 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
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 3,870,000 3,870,000
Port Jr Lien Revenue Bond 252.11 5/5/2013 11/1/2016 Variable (0) (0)
Port LTGO Refunding 2015 252.11 6/10/2015 7/1/2025 Variable 3,425,000 3,425,000
TOTAL PORT 8,071,000 7,295,000 - - 7,295,000
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 - -
LUD #14 Revenue 2009 253.11 6/27/2008 12/24/2028 variable 2,000,000 1,020,000 1,020,000
LUD #15 Revenue 2008 253.11 5/24/2008 5/1/2025 3.99%1,053,076 0 0
Tri-Area Loan 2003 263.99 4/21/2003 4/21/2043 4.50%3,043,250 2,401,570 2,401,570
Peterson Lake Loan 263.99 2/1/2006 1/1/2026 6.00%2,000,000 961,941 9,519 952,422
RUS Loan 2013 B 263.99 3/27/2013 12/31/2041 2.603%683,911 5,084 678,827
RUS Loan 2013 A 263.99 3/27/2013 12/31/2041 3.308%101,560,248 823,361 100,736,886
TOTAL PUD 9,186,326 106,627,670 - 837,964 105,789,706
SCHOOL DISTRICT #20
Energy Lease 2013 263.96 8/22/2013 6/1/2023 2.60540%21,468 21,468
TOTAL SCHOOL DIST #20 - 21,468 - - 21,468
SCHOOL DISTRICT #48
UTGO Refg 2010 251.12 7/7/2010 12/1/2018 variable 1,475,000 - -
Energy Lease 2012 263.56 3/29/2012 6/1/2022 2.16385%302,372 100,798 100,798
TOTAL SCHOOL DIST #48 1,777,372 100,798 - - 100,798
School District #50
LTGO Bond 2009 252.11 7/30/2009 12/1/2019 4.45%475,000 58,100 58,100
UTGO Bond 2016 252.11 6/1/2016 12/1/2035 Variable 34,255,000 34,255,000
TOTAL SCHOOL DIST #50 475,000 34,313,100 0 0 34,313,100
TRANSIT
Transit Sales Tax Bond 2014 252.11 7/1/2014 12/1/2033 variable 1,090,000 360,000 360,000
TOTAL TRANSIT 1,090,000 360,000 - - 360,000
PORT LUDLOW DRAINAGE
Public Works Board Loan 253.14 3/16/2009 3/16/2011 0.50%47,813 21,915 21,915
TOTAL PORT LUDLOW DRAINAGE 47,813 21,915 - - 21,915
TOTAL JEFFERSON COUNTY DEBT:82,305,411$ 188,707,911$ -$ 1,011,223$ 187,696,688$