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HomeMy WebLinkAbout2023-09-30__TreasurerReports2023_3rdQtrJefferson County Finance Committee Treasurer’s Report September 2023 Report Page(s) Table of Contents 1 Treasurer’s Summary Report for quarterly meeting 2 INVESTMENT REPORTS Investments by District 3-4 Investment Summary 5 Agency Portfolio Transactions 6 Liquid Investments Rates – LGIP 7 LGIP Allocation and Ending Balances 8-10 JCIP Investments by All Types, Accrued Interest 11-13 DEBT REPORTS Debt by District and Issue, Positions by Period 14-15 Jefferson County GO Debt • Statement of 30 years • Chart showing amount to be paid by Jefferson County and JeffCom 2023-2046 16-17 Jefferson County Finance Committee Treasurer’s Summary Report Meeting date October 24, 2023 covering Third Quarter 2023 Investment and Debt Reports • Investments by District: Total amount is $163,206,111 with Treasurer’s Cash of $86,966,495. • Investment Summary: Total Investments by Bank include 152,798,600 in the State Investment Pool with Treasurer’s Cash of $77.5 million. General Fund cash balance on 6/30/2023 was $9.67 million, and the rest is comprised of ending fund balance of both county and special purpose district funds not invested on their behalf. 94% of all county and special district investments are held in the state investment pool and 6% in US Agency securities. For Treasurer’s Cash, the portion held in the LGIP is 89% and 11% in US Agency Securities. • Agency & CD Portfolio: The detail for securities and CDs shows the anticipated interest payments for each investment. • Liquid Investments: State Investment Pool Rates was 5.3854%. It’s starting to level off, but it’s still increasing each month. • Allocation Account Activity: This report shows LGIP participant details including beginning balance, allocated interest and ending balance. • The JCIP Investments by All Types: details agencies and CDs held by the Treasurer and districts. The Accrued Interest Report shows interest earned and received for each investment. • Schedule of Long-Term Debt, aka Positions by Period. Total General Obligation and Special Purpose District debt is $154,296,175. County General Obligation debt is $3,931,353. The non- JeffCom County portion is $2,500,390, and the JeffCom portion is $1,430,962.The Statement of 30 years shows Jefferson County debt. The next page shows the County debt with principal and interest amounts to be paid by Jefferson County and JeffCom differentiated.