HomeMy WebLinkAbout2024-12_FNCE_Reports_DECJefferson County Finance Committee Treasurer’s Report
December 2024 Report Page(s)
Table of Contents 1
Treasurer’s Summary Report for quarterly meeting 2
INVESTMENT REPORTS
Investment Summary 3
LGIP Portfolio – Local Government Investment Pool
• Portfolio Summary
• LGIP Allocation and Ending Balances
• Treasury Par Yield Curve Rates and Local Government Investment
Pool (LGIP) Rates (all years and 2017-2024)
4-9
JCIP Portfolio – Treasurer and District Investments
• Portfolio Summary
• JCIP Investments by All Types
• Accrued Interest
10-13
DEBT REPORTS
Debt by District and Issue
• Positions by Period
• Statement of 30 years
14-16
Jefferson County GO Debt: Chart showing amount to be paid by Jefferson County and JeffCom 2024-2046
17
Page 1 of 17
Jefferson County Finance Committee Treasurer’s Summary Report
Meeting date January 27, 2024
Investment Reports
• Investment Summary: Total Investments $242,231,386 by Bank include $236,571,128 in the
State Investment Pool with Treasurer’s Cash of $44 million. General Fund cash balance on
12/31/2024 was $8.46 million, and the rest is comprised of ending fund balance of both county
and special purpose district funds not invested on their behalf.
98% of all county and special district investments are held in the state investment pool and 2%
in US Agency securities. For Treasurer’s Cash, the portion held in the LGIP is 90% and 10% in US
Agency Securities.
• LGIP Portfolio: Investments in the Washington State Treasurer’s Local Government Investment
Pool.
• Portfolio Summary: $236,571,128 was invested in the state pool at month end.
• LGIP Allocation and Ending Balances detailed by fund
• Treasury Par Yield Curve Rates and Local Government Investment Pool (LGIP) Rates
4.6023% for December. The second sheet shows fewer years to better see the treasury
and LGIP rates since 2017.
• JCIP Portfolio – Treasurer and District Investments in securities
• Portfolio Summary $5,660,257 invested at month end.
• JCIP Investments by All Types $4,998,300 was Treasurer’s Cash investments, and the rest
are dedicated investments for districts.
• Accrued Interest: shows detail per investment with accrued interest and interest received
this period.
Debt Reports
• Debt by District and Issue
• Positions by Period provided information per debt issue group summarized by district. This
shows the ending balance as of 12/31/2024.
• Statement of 30 years provides debt service per district. JeffCom is included in County
debt, and we have an agreement for them to pay their portion from communication sales
tax receipts. This includes the $1 million draw for the 2024 GAN done in the beginning of
January 2025.
• Jefferson County GO Debt: Chart showing amount to be paid by Jefferson County and JeffCom
2025-2030. This includes the $1 million draw for the 2024 GAN done in the beginning of January
2025.
Page 2 of 17
Investment Summary
Investment Type
District & Fund
Investments (997:998)Treasurer's Cash (999) All Investments (997:999) 100007:100009 Certificate of Deposit - - 0.00%- 0.00%100006 US Agency Securities 661,957 4,998,301 10.18%5,660,258 2.34%100005 Public Interest Checking - - 0.00%- 0.00%100004 Washington State Pool 192,478,624 44,092,504 89.82%236,571,128 97.66%193,140,581 49,090,805 100.00%242,231,386 100.00%
#Munis Object BANK 12/31/2023 1/31/2024 2/29/2024 3/31/2024 4/30/2024 5/31/2024 6/30/2024 7/31/2024 8/31/2024 9/30/2024 10/31/2024 11/30/2024 12/31/2024
275 100008 First Federal Bank 0 0 0 0 0 0 0 0 0 0 0 0 0
310 100007 Sound Community Bank 0 0 0 0 0 0 0 0 0 0 0 0 0
550 100009 Kitsap Bank 0 0 0 0 0 0 0 0 0 0 0 0 0
520 100005 Pacific Premier Bank 0 0 0 0 0 0 0 0 0 0 0 0 0
900 100006 U.S. Government Securities 9,411,565 9,264,164 9,264,164 8,764,164 8,764,164 8,764,164 8,764,164 7,764,164 7,764,164 7,764,164 7,764,164 6,665,444 5,660,258
999 100004 State Investment Pool 234,431,423 227,466,758 225,675,574 226,316,638 247,136,297 237,111,616 240,751,727 236,444,284 237,945,683 232,383,291 247,267,294 238,784,114 236,571,128
TOTAL 243,842,988 236,730,922 234,939,738 235,080,802 255,900,461 245,875,781 249,515,891 244,208,448 245,709,847 240,147,455 255,031,458 245,449,558 242,231,386
999-100004 Treasurer's Cash in State Pool: 42,221,364 39,964,927 43,350,975 44,102,004 60,403,341 39,845,846 43,917,696 43,330,130 47,590,763 42,212,231 55,965,941 50,632,503 44,092,504
12/31/2024
0
50,000,000
100,000,000
150,000,000
200,000,000
250,000,000
300,000,000
12/31/2023 1/31/2024 2/29/2024 3/31/2024 4/30/2024 5/31/2024 6/30/2024 7/31/2024 8/31/2024 9/30/2024 10/31/2024 11/30/2024 12/31/2024
Total Investments by Bank
First Federal Bank Sound Community Bank Kitsap Bank Pacific Premier Bank U.S. Government Securities State Investment Pool
-
50,000,000
100,000,000
150,000,000
200,000,000
250,000,000
Certificate of Deposit US Agency Securities Public Interest Checking Washington State Pool
All Investments
District & Fund Investments (997:998)Treasurer's Cash (999)
Certificate of Deposit, -, 0%
US Agency Securities, 4,998,301 , 10%Public Interest Checking, -, 0%
Washington State Pool, 44,092,504 , 90%
Treasurer's Cash (999)
Certificate of Deposit US Agency Securities Public Interest Checking Washington State Pool
Certificate of Deposit, -, 0%
US Agency Securities, 5,660,258 , 2%
Public Interest Checking, -, 0%Washington State Pool, 236,571,128 , 98%
All Investments (997:999)
Certificate of Deposit US Agency Securities Public Interest Checking Washington State Pool
-
5,000,000
10,000,000
15,000,000
20,000,000
25,000,000
30,000,000
35,000,000
40,000,000
45,000,000
50,000,000
Certificate of Deposit US Agency Securities Public Interest Checking Washington State Pool
Treasurer's Cash
Certificate of Deposit US Agency Securities Public Interest Checking Washington State Pool
Page 3 of 17
JEFF Co WA LGIP
Portfolio Management
December 31, 2024
Jefferson County
Portfolio Summary
% of
Portfolio
Book
ValueInvestmentsMarket
Value
Par
Value
Days to
MaturityTerm
YTM
360 Equiv.
YTM
365 Equiv.
LGIP 236,571,128.06 1100.00 4.5391236,571,128.06236,571,128.06 4.602
236,571,128.06 100.00%Investments 236,571,128.06236,571,128.06 1 1 4.539 4.602
Current Year
December 31
912,504.38
Average Daily Balance
Effective Rate of Return
233,449,701.10
4.60%
Total Earnings Month Ending
__________________________________________________ ____________________
Stacie Prada, Treasurer
Portfolio LGIP
CP
Reporting period 12/01/2024-12/31/2024
Run Date: 01/24/2025 - 12:03 PM (PRF_PM1) 7.3.0No fiscal year history available
Report Ver. 7.3.6.1Page 4 of 17
1/24/2025
Ending Balance
JEFF Co WA LGIP
Allocation Account Activity
December 1, 2024 - December 31, 2024
Transfer Out / FeesTransfer In Disbursements /Contributions /Beginning Balance EarningsAllocated
Asset Num Fund Description
320.26 81,934.02301.2181,632.81IG-6935 HAVA 3 Grant10411810 320.26
16,610.70 55,998.032,090.6670,282.67Auditor's O&M10511810 235.40
75,320.88 829,060.6483,806.42817,179.73Hotel Motel12511810 3,395.37
580.87 148,606.74956.95147,649.79JC Inmate Commissary13411810 580.87
5.49 1,403.515.161,398.35Jefferson County Drug Fund13511810 5.49
20.46 5,234.2419.255,214.99Federal Forest Title III Fund14711810 20.46
93,152.90 1,058,242.5458,429.771,088,657.28Jeff Co Affordable Housing14811810 4,308.39
20,199.45 97,913.543,876.26113,799.19Homeless Housing Fund14911810 437.54
179.59 45,944.00172.9045,771.10Treasurer's O&M15011810 179.59
4,232.11 235,300.193,212.10235,394.21Veteran's Relief15511810 925.99
43.80 11,205.4441.1911,164.25Post Harvest Tmbr Mgmt Resv17811810 43.80
0.00 0.150.000.15County Roads18011810 0.00
6.74 1,725.556.351,719.20LTGO Refunding Bond 199820470118 6.74
820.81 75,664.49280.6975,908.59HJC PARK JUMP PLAYGROUND30411810 296.02
9,355.32 2,393,408.2790,714.492,302,693.78Public Insfrastructure Fund30611810 9,355.32
3,486.53 891,973.1822,899.45869,073.73Conservation Futures Tax Fund30811810 3,486.53
152,341.76 2,141,044.23819,253.701,465,515.74Solid Wastex40111810 8,616.55
71.59 18,315.8082.7718,233.03Solid Waste Post Closure Fund40211810 71.59
2,198.90 562,552.423,318.34559,234.08Solid Waste Equipment Reserve40311810 2,198.90
43.81 11,208.167,343.183,864.98Yard Waste Education40411810 43.81
2,021,478.00 631,702.831,126,312.921,521,031.51Tri-Area Sewer Fund40511810 5,836.40
69,187.96 1,589,829.530.000.00E R & R50111810 6,255.10
4,929.33 1,261,089.3424,442.391,236,646.95Employee Benefit Reserve Fund50511810 4,929.33
44.52 11,389.4841.8711,347.61JC Drainfield KP Village AssnY62068118 44.52
120.99 30,953.08113.7930,839.29JC Drainfield KP Condo AssnY62069118 120.99
66.82 17,094.9662.8417,032.12JC Drainfield KP RecreationY62070118 66.82
223.60 57,204.38210.3056,994.08JC Drainfield Bluffs Condo AsY62071118 223.60
48.48 12,402.3545.5912,356.76JC Drainfield K Hgts Condo AsY62072118 48.48
115.05 29,433.79108.2029,325.59JC Drainfield K Hgts PUD AssY62073118 115.05
64,785.80 1,227,307.4937,441.901,249,737.11SD #20 M&O64220118 4,914.28
94.31 24,151.86183.6923,968.17SD #20 Building64222118 94.31
343.09 87,861.30668.2587,193.05SD #20 Transportation64223118 343.09
30,401.32 396,521.554,419.09420,893.29SD #46 M&O64620118 1,610.49
432.80 110,725.22407.06110,318.16SD #46 Building64622118 432.80
Portfolio LGIP
CP
Run Date: 01/24/2025 - 12:04 LP (PRF_LPF) 7.1.1
Report Ver. 7.3.6.1Page 5 of 17
Ending Balance
December 1, 2024 - December 31, 2024
Page 2
Transfer Out / FeesTransfer In Disbursements /Contributions /
Allocation Account Activity
JEFF Co WA LGIP
Beginning Balance EarningsAllocated
Asset Num Fund Description
170,530.35 11,895.69669.61181,473.80SD #46 Transportation64623118 282.63
76,488.73 1,068,062.3645,164.501,095,136.05SD #48 M&O64820118 4,250.54
1,693.36 82,830.733,741.3780,465.53SD #48 ASB64821118 317.19
5,116.93 146,269.1411,797.46139,011.46SD #48 Building64822118 577.15
455.03 116,412.07427.96115,984.11SD #48 Transportation64823118 455.03
67.06 17,155.2163.0717,092.14SD #48 UTGO Ref Bond 201064833118 67.06
1,195,488.60 1,226,445.910.002,413,355.35SD #49 M&O64920118 8,579.16
5,436.15 195,612.130.00200,274.86SD #49 ASB64921118 773.42
214,457.98 2,591,638.180.002,795,549.67SD #49 Building64922118 10,546.49
1,605.36 410,705.230.00410,705.23SD #49 Transportation64923118 1,605.36
221,617.59 2,278,949.7163,260.002,427,870.71SD #50 M&O65020118 9,436.59
1,279.29 337,556.1520,923.00316,633.15SD #50 ASB65021118 1,279.29
1,016.42 260,188.02955.00259,233.02SD #50 Transportation65023118 1,016.42
568.03 145,322.61534.24144,788.37SD #50 UTGO Ref Bond 200765027118 568.03
248,514.55 3,029,815.090.003,266,176.09SD #50 - Bldg Capital Projects65031118 12,153.55
1,853.76 474,255.40143,818.19330,437.21SD #50 UTGO Bond 201665049118 1,853.76
14.85 3,799.750.003,799.75Cemetery District #1 General65100118 14.85
663.05 169,631.40623.61169,007.79Cemetery District #2 General65200118 663.05
194.88 49,857.49183.2849,674.21Cemetery District #3 General65300118 194.88
258,523.91 658,102.006,549.47906,814.14JeffCom Capital65930118 3,262.30
1,169,083.25 2,668,261.5347,000.003,778,125.10Fire Dist #1 General66100118 12,219.68
687,103.85 3,182,865.88362,000.003,495,578.18Fire Dist #1 - EMS66110118 12,391.55
3,811.19 975,033.033,478.83971,554.20Fire Dist #1- EMS Capital66111118 3,811.19
5,321.66 1,361,460.744,766.271,356,694.47Fire Dist #1- Fire Capital66113118 5,321.66
1,450.03 500,000.000.000.00Fire Dist #1- Reserve66115118 1,450.03
54,731.33 402,083.3390,690.93364,445.04Fire Dist #2 General66200118 1,678.69
41,960.98 456,712.9751,650.48445,157.39Fire Dist #2 EMS66210118 1,866.08
382,276.90 2,296,229.1011,433.982,657,204.37Fire Dist #2 Capital Projects66231118 9,867.65
45,365.14 486,588.3860,207.82469,794.46Fire Dist #4 General66400118 1,951.24
50,067.63 375,058.3468,720.06354,884.80Fire Dist #4 EMS66410118 1,521.11
61,985.47 154,392.531,364.00214,410.51Fire Dist #4 Bond 201966453118 603.49
18,719.45 453,668.2814,585.99455,985.14Fire Dist #5 General66500118 1,816.60
8,253.47 67,270.627,443.6467,798.35Fire Dist #5 EMS66510118 282.10
0.01 2.770.002.77Fire Dist #5 Project Fund 201666531118 0.01
Portfolio LGIP
CP
Run Date: 01/24/2025 - 12:04 LP (PRF_LPF) 7.1.1
Report Ver. 7.3.6.1Page 6 of 17
Ending Balance
December 1, 2024 - December 31, 2024
Page 3
Transfer Out / FeesTransfer In Disbursements /Contributions /
Allocation Account Activity
JEFF Co WA LGIP
Beginning Balance EarningsAllocated
Asset Num Fund Description
5,078.47 11,997.103,053.2913,957.61Park & Rec Dist #1 General67100118 64.67
1,345.56 429,401.20120,000.00309,401.20Library #1 General67600118 1,345.56
3,465.44 1,074,641.93268,082.68806,559.25Library #1 CPF Building67622118 3,465.44
510.26 130,541.93479.90130,062.03Library #1 CB & O67626118 510.26
1,108.91 283,697.041,047.81282,649.23Library #1 Unemp Reserve67627118 1,108.91
1,877.59 480,352.471,808.67478,543.80Library #1 Cap Asset Fund67632118 1,877.59
2,727.03 697,667.122,649.45695,017.67Library #1 Brd Designated Cash67633118 2,727.03
1,087,209.29 7,009,480.351,688,552.316,382,351.98Olympic Area on Aging67800118 25,785.35
223.63 57,212.06210.3357,001.73O3A Unemployment Compensation67828118 223.63
15,171.19 3,881,307.7114,966.893,866,340.82Port of Port Townsend Reserve67915118 15,171.19
32,552.45 8,328,026.53220,274.188,107,752.35Port of Port Townsend IDD-201967966718 32,552.45
801.30 205,000.000.00205,000.00Hospital #1 General68100118 801.30
87,269.56 25,181,366.074,582,211.7920,599,154.28Hosp #2 - Operating Reserves68215118 87,269.56
3,467.61 887,133.933,382.50883,751.43Hosp #2 - Capital Projects68231118 3,467.61
30,224.81 7,732,535.0263,900.577,668,634.45Hosp #2 Board Designated Cash68233118 30,224.81
39,487.89 10,102,348.0839,035.9610,063,312.12Hosp #2 Bond Reserve68234118 39,487.89
4,277.94 1,094,442.8111,343.401,083,099.41Hosp #2 2023 A Bond Fund68273A00 4,277.94
6.49 1,660.151,660.150.00Hosp #2 2023 B Bond Fund68273B00 6.49
5.48 1,400.861,400.860.00Hosp #2 2023 C Bond Fund68273C00 5.48
85,342.83 21,833,602.3684,423.9321,749,178.43Hosp #2 Funded Depreciation68276118 85,342.83
160,736.01 41,121,747.96176,119.6340,945,628.33Hosp #2 Project Fund68277118 160,736.01
27,726.45 7,093,371.000.007,093,371.00Transit Authority General69000118 27,726.45
54,221.17 13,871,621.690.0013,871,621.69Transit Authority Capital69030118 54,221.17
43.13 11,034.6740.5610,994.11Water Dist #1 General69100118 43.13
22,711.52 0.0083.1722,539.92Water Dist #1 Meter Fund69140118 88.43
1.95 500.000.00500.00Water Dist #2 General69200118 1.95
578.50 148,000.000.00148,000.00Pt Ludlow Drainage Dist Gen69500118 578.50
25,834,689.34 44,092,503.9519,133,654.4950,632,502.80Treasurer's Cashx999 161,036.00
236,571,128.0635,009,842.0829,731,704.01 912,389.34
Portfolio LGIP
CP
Run Date: 01/24/2025 - 12:04 LP (PRF_LPF) 7.1.1
Report Ver. 7.3.6.1Page 7 of 17
Treasury Rates and LGIP Prepared by Jefferson County Treasurer
LIQUID INVESTMENTSLocal Government Investment Pool (LGIP)Local Government Investment Pool (LGIP)
Sum of LGIP Column Labels
Row Labels Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2004 1.0671%1.0595%1.0334%1.0185%1.0169%1.0312%1.1543%1.3073%1.5181%1.7141%1.8810%2.0740%
2005 2.2197%2.3955%2.5502%2.7703%2.9758%3.0411%3.2135%3.3998%3.5788%3.7576%3.9627%4.1605%
2006 4.2322%4.4223%4.5000%4.6566%4.8542%4.9860%5.1637%5.1883%5.2023%5.1931%5.2229%5.2134%
2007 5.2113%5.2768%5.2372%5.2260%5.1936%5.2068%5.2053%5.2265%5.1232%4.9108%4.6985%4.5607%
2008 4.3596%3.7871%3.1375%2.6998%2.4281%2.2933%2.2758%2.3328%2.3892%2.4652%2.1903%1.8183%
2009 1.2669%1.0689%1.0301%0.8905%0.6678%0.7396%0.6507%0.6036%0.4703%0.4164%0.3300%0.3347%
2010 0.2864%0.2723%0.2245%0.2395%0.2709%0.3014%0.2762%0.2680%0.2997%0.2564%0.2155%0.2644%
2011 0.2328%0.2189%0.2338%0.1718%0.1394%0.1583%0.1561%0.1723%0.1688%0.1127%0.1480%0.1305%
2012 0.1213%0.1394%0.1367%0.1479%0.1443%0.1746%0.1764%0.1848%0.1807%0.1777%0.1792%0.2350%
2013 0.1745%0.1650%0.1778%0.1667%0.1351%0.1233%0.1197%0.1231%0.1233%0.1260%0.1161%0.1278%
2014 0.1112%0.1053%0.1137%0.1008%0.0922%0.0870%0.1087%0.1038%0.1089%0.0984%0.0929%0.1038%
2015 0.1345%0.1347%0.1577%0.1431%0.1428%0.1691%0.1449%0.1561%0.1871%0.1865%0.1676%0.2529%
2016 0.3868%0.4201%0.4484%0.4935%0.4241%0.4287%0.4894%0.4853%0.5166%0.4739%0.4684%0.5067%
2017 0.6304%0.6304%0.6996%0.8291%0.8687%0.9794%1.0733%1.1100%1.1285%1.1380%1.1560%1.2752%2018 1.4286%1.4728%1.5742%1.7152%1.7949%1.8855%1.9858%2.0151%2.0685%2.2323%2.2818%2.3706%
2019 2.4920%2.5129%2.5228%2.5393%2.4996%2.5056%2.4775%2.2875%2.1960%2.0542%1.8307%1.7741%
2020 1.7233%1.6787%1.2939%0.8056%0.4984%0.3700%0.3109%0.2562%0.2061%0.1858%0.1613%0.1561%
2021 0.1395%0.1346%0.1139%0.1015%0.0766%0.0753%0.1773%0.0789%0.0871%0.0936%0.0862%0.0908%
2022 0.0909%0.1081%0.2253%0.4058%0.7035%1.0085%1.6098%2.2450%2.5900%3.0354%3.7543%4.1176%
2023 4.3957%4.6093%4.7564%4.9283%5.1498%5.1996%5.2383%5.3400%5.3854%5.3975%5.4342%5.4299%
2024 5.4220%5.4131%5.4066%5.3975%5.3985%5.4042%5.4110%5.3955%5.2290%4.9334%4.7255%4.6023%
0.0000%
1.0000%
2.0000%
3.0000%
4.0000%
5.0000%
6.0000%
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecMonth
Years
Sum of LGIP
0.00
1.00
2.00
3.00
4.00
5.00
6.00
7.00
8.00
9.00
10.00
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1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Average of 1 Yr Average of 2 Yr Average of 3 Yr Average of 5 Yr Average of 10 Yr Average of LGIP
Values
Years Date
Average of 1 YrAverage of 2 YrAverage of 3 YrAverage of 5 YrAverage of 10 YrAverage of LGIP
Page 8 of 17
Treasury Rates and LGIP Prepared by Jefferson County Treasurer
LIQUID INVESTMENTS
Local Government Investment Pool (LGIP)
Local Government Investment Pool (LGIP)
Sum of LGIP Column Labels
Row Labels Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 0.6304%0.6304%0.6996%0.8291%0.8687%0.9794%1.0733%1.1100%1.1285%1.1380%1.1560%1.2752%
2018 1.4286%1.4728%1.5742%1.7152%1.7949%1.8855%1.9858%2.0151%2.0685%2.2323%2.2818%2.3706%
2019 2.4920%2.5129%2.5228%2.5393%2.4996%2.5056%2.4775%2.2875%2.1960%2.0542%1.8307%1.7741%
2020 1.7233%1.6787%1.2939%0.8056%0.4984%0.3700%0.3109%0.2562%0.2061%0.1858%0.1613%0.1561%
2021 0.1395%0.1346%0.1139%0.1015%0.0766%0.0753%0.1773%0.0789%0.0871%0.0936%0.0862%0.0908%
2022 0.0909%0.1081%0.2253%0.4058%0.7035%1.0085%1.6098%2.2450%2.5900%3.0354%3.7543%4.1176%
2023 4.3957%4.6093%4.7564%4.9283%5.1498%5.1996%5.2383%5.3400%5.3854%5.3975%5.4342%5.4299%
2024 5.4220%5.4131%5.4066%5.3975%5.3985%5.4042%5.4110%5.3955%5.2290%4.9334%4.7255%4.6023%
0.0000%
1.0000%
2.0000%
3.0000%
4.0000%
5.0000%
6.0000%
2017 2018 2019 2020 2021 2022 2023 2024
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Month
Years
Sum of LGIP
0.00
1.00
2.00
3.00
4.00
5.00
6.00
Jan Ju
l
Jan Ju
l
Jan Ju
l
Jan Ju
l
Jan Ju
l
Jan Ju
l
Jan Ju
l
Jan Ju
l
Jan
2017 2018 2019 2020 2021 2022 2023 2024 2025
Average of 1 Yr Average of 2 Yr Average of 3 Yr Average of 5 Yr Average of 10 Yr Average of LGIP
Values
Years Date
Average of 1 YrAverage of 2 YrAverage of 3 YrAverage of 5 YrAverage of 10 YrAverage of LGIP
Page 9 of 17
Jefferson County Invest Pool
Portfolio Management
December 31, 2024
Jefferson County
Portfolio Summary
% of
Portfolio
Book
ValueInvestmentsMarket
Value
Par
Value
Days to
MaturityTerm
YTM
360 Equiv.
YTM
365 Equiv.
Federal Agency Coupon Securities 5,288,246.76 1,70093.43 1.7035495,288,246.765,292,000.00 1.726
Treasury Coupon Securities 372,010.90 1,2636.57 4.2561,251372,010.90400,000.00 4.315
5,660,257.66 100.00%Investments 5,660,257.665,692,000.00 1,671 595 1.870 1.896
Cash and Accrued Interest
5,660,656.01Total Cash and Investments
398.35Subtotal
398.35
5,660,656.015,692,000.00
398.35
398.35
1,671 595 1.870 1.896
Accrued Interest at Purchase
Current Year
December 31
16,350.04
Average Daily Balance
Effective Rate of Return
5,863,698.42
3.28%
Total Earnings Month Ending
__________________________________________________ ____________________
Stacie Prada, Treasurer
Portfolio JCIP
CP
Reporting period 12/01/2024-12/31/2024
Run Date: 01/24/2025 - 12:07 PM (PRF_PM1) 7.3.0No fiscal year history available
Report Ver. 7.3.6.1Page 10 of 17
1/24/2025
Jefferson County Invest Pool
Investments by All Types
Jefferson County
December 31, 2024
Active Investments
Par Value
Call
Price
Maturity
Date
Current
Rate
Call
DateFundCUSIPInvestment #Issuer Remaining CostPurchase
Price
Fund: General Fund Treasurer
Federal Agency Coupon Securities
Federal Agricultural Mtg Corp10177001-250-000 1,000,000.0031422XSV5 01/19/2027100.0000000 1.5001,000,000.00
Federal Farm Credit Bank10167001-250-000 1,000,000.003133EMZ21 04/06/2026100.0000000 0.6901,000,000.00
Federal Home Loan Bank10178001-250-000 1,000,000.003130AQHM8 01/27/2027 100.0000000100.0000000 1.500 01/27/20251,000,000.00
Federal Home Loan Bank10179001-250-000 1,000,000.003130AQW25 02/25/2027 100.0000000100.0000000 2.000 02/25/20251,000,000.00
Federal Home Loan Bank10180001-250-000 500,000.003130ARP96 04/28/2025 100.0000000100.0000000 3.000 01/28/2025500,000.00
Federal National Mtg Assn10165001-250-000 500,000.003135G0X24 01/07/202599.6601900 1.625498,300.95
5,000,000.00Subtotal 4,998,300.95
5,000,000.00General Fund Treasurer Subtotal 4,998,300.95
Fund: Fire Dist #2 Capital Projects
Federal Agency Coupon Securities
Federal Home Loan Bank1018966231118 100,000.003130ATFG7 09/12/202599.4326200 3.87599,432.62
100,000.00Subtotal 99,432.62
Treasury Coupon Securities
STIFEL NICOLAUS & CO INC1019366231118 100,000.0091282CDK4 11/30/202694.4373500 1.25094,437.35
STIFEL NICOLAUS & CO INC1019466231118 100,000.0091282CAY7 11/30/202789.9864500 0.62589,986.45
STIFEL NICOLAUS & CO INC1019566231118 100,000.0091282CDL2 11/30/202889.7692600 1.50089,769.26
STIFEL NICOLAUS & CO INC1019666231118 100,000.0091282CFY2 11/30/202997.8178400 3.87597,817.84
400,000.00Subtotal 372,010.90
500,000.00Fire Dist #2 Capital Projects Subtotal 471,443.52
Fund: Library #1 General Fund
Federal Agency Coupon Securities
Federal Farm Credit Bank1018667600118 60,000.003133ENYE4 12/08/202599.2256167 3.37059,535.37
60,000.00Subtotal 59,535.37
60,000.00Library #1 General Fund Subtotal 59,535.37
Portfolio JCIP
CP
Run Date: 01/24/2025 - 12:15 AT (PRF_DT) 7.1.1
Report Ver. 7.3.6.1Page 11 of 17
Par Value Call
Price
Maturity
Date
Current
Rate
Call
DateFund
Page 2
December 31, 2024
Investments by All Types
Jefferson County Invest Pool
CUSIP Investment #Issuer Remaining CostPurchase
Price
Fund: Library #1 Capital Asset Fund
Federal Agency Coupon Securities
Federal Farm Credit Bank1018767632118 132,000.003133ENYE4 12/08/202599.2256212 3.370130,977.82
132,000.00Subtotal 130,977.82
132,000.00Library #1 Capital Asset Fund Subtotal 130,977.82
5,660,257.665,692,000.00Total
Portfolio JCIP
CP
Run Date: 01/24/2025 - 12:15 AT (PRF_DT) 7.1.1
Report Ver. 7.3.6.1Page 12 of 17
FINANCE REPORTS JCIP
Accrued Interest
Jefferson County
Sorted by Fund - Fund
December 1, 2024 - December 31, 2024
Maturity
Date
Security
Type
Current
Rate
Par
Value
* Beginning
Accrued Interest
* Ending
Accrued Interest
Adjusted Acc'd Int.
at Purchase
During PeriodCUSIPInvestment #
Interest
Earned
Interest
Received
General Fund Treasurer
3,743.061017531422XQV70.00 0.770FAC12/06/2024 106.94 3,850.00 0.000.00
5,500.001017731422XSV51,000,000.00 1.500FAC01/19/2027 1,250.00 0.00 6,750.000.00
1,054.17101673133EMZ211,000,000.00 0.690FAC04/06/2026 575.00 0.00 1,629.170.00
5,166.67101783130AQHM81,000,000.00 1.500FAC01/27/2027 1,250.00 0.00 6,416.670.00
5,333.33101793130AQW251,000,000.00 2.000FAC02/25/2027 1,666.67 0.00 7,000.000.00
1,375.00101803130ARP96500,000.00 3.000FAC04/28/2025 1,250.00 0.00 2,625.000.00
3,250.00101653135G0X24500,000.00 1.625FAC01/07/2025 677.08 0.00 3,927.080.00
25,422.235,000,000.00Subtotal 28,347.926,775.69 3,850.000.00
Fire Dist #2 Capital Projects
850.35101893130ATFG7100,000.00 3.875FAC09/12/2025 322.91 0.00 1,173.260.00
0.001019391282CDK4100,000.00 1.250TRC11/30/2026 41.21 0.00 41.210.00
0.001019491282CAY7100,000.00 0.625TRC11/30/2027 20.61 0.00 20.610.00
0.001019591282CDL2100,000.00 1.500TRC11/30/2028 49.45 0.00 49.450.00
0.001019691282CFY2100,000.00 3.875TRC11/30/2029 127.75 0.00 127.750.00
850.35500,000.00Subtotal 1,412.28561.93 0.000.00
Library #1 General Fund
971.68101863133ENYE460,000.00 3.370FAC12/08/2025 168.50 1,011.00 129.180.00
-209.00101823130ASBL20.00 2.850FAC12/23/2024 209.00 1,710.00 -1,710.000.00
762.6860,000.00Subtotal -1,580.82377.50 2,721.000.00
Library #1 CPF Building Fund
3,314.71101833130ASBL20.00 2.850FAC12/23/2024 461.54 3,776.25 0.000.00
3,314.710.00Subtotal 0.00461.54 3,776.250.00
Library #1 Capital Asset Fund
2,137.70101873133ENYE4132,000.00 3.370FAC12/08/2025 370.70 2,224.20 284.200.00
2,137.70132,000.00Subtotal 284.20370.70 2,224.200.00
0.005,692,000.00Total 28,463.588,547.36 12,571.4532,487.67
Portfolio JCIP
CPData Updated: SET_FNCE: 01/24/2025 12:20
Run Date: 01/24/2025 - 12:20 AI (PRF_AI) 7.2.8
Report Ver. 7.3.6.1
* Beginning Accrued may not include investments that redeemed in the previous month that had outstanding accrued interest.
Page 13 of 17
Jefferson County
Positions by Period
Outstanding and Closed Debt Service
12/1/2024 to 12/31/2024
Primary Sort Issue Group, Secondary Sort Issue Group
[*Selected Issues]
Issue Maturity
Dates
Beginning
Balance
Bonds
Issued
Principal
Paid
Ending
Balance
Interest
Paid
Issue Group Dated
Date
Range of
Rates (%)
County Debt
2,000,000.00 0.00 0.00 2,000,000.00 0.00Dec/20262024 GAN County Debt 6/3/2024 Variable
1,036,557.00 138,087.00 11,472.14 898,470.00 0.00Dec/2017 - 2030LTGO REFG 2016B - Tri Area County Debt 12/1/2016 1 to 2.48
682,443.00 90,913.00 7,552.96 591,530.00 0.00Dec/2017 - 2030LTGO Refg 2016B E911 County Debt 9/15/2016 1 to 2.48
498,455.34 162,977.66 5,313.77 335,477.68 0.00Dec/2016 - 2026LTGOR 2016 E911 County Debt 6/16/2016 1.11 to 2.26
1,271,566.01 0.00 0.00 1,271,566.01 0.00Jun/2033Pt Hadlock Wastewater Ln 2012 County Debt 7/28/2013 0.5
Subtotal 5,489,021.35 391,977.66 0.00 24,338.87 5,097,043.69
Fire Dist 1
2,200,000.00 300,000.00 19,486.25 1,900,000.00 0.00Dec/2020 - 2030LTGO RFDG 2019 Fire Dist 1 9/12/2019 1.05 to 3
455,000.00 0.00 6,825.00 455,000.00 0.00Dec/2032LTGO RFDG 2019 Fire Dist 1 9/12/2019 3
Subtotal 2,655,000.00 300,000.00 0.00 26,311.25 2,355,000.00
Fire Dist 4
825,500.00 59,500.00 9,779.23 766,000.00 0.00Jun/2021 - 2030UTGO 2020 Fire Dist 4 1/28/2020 2.09 to 2.58
Subtotal 825,500.00 59,500.00 0.00 9,779.23 766,000.00
Fire Dist 5
80,000.00 25,000.00 1,000.00 55,000.00 0.00Dec/2017 - 2026ULTGO 2016 Fire Dist 5 5/3/2016 1.1 to 2.5
90,000.00 0.00 1,215.00 90,000.00 0.00Dec/2029ULTGO 2016 Fire Dist 5 5/3/2016 2.7
100,000.00 0.00 1,450.00 100,000.00 0.00Dec/2032ULTGO 2016 Fire Dist 5 5/3/2016 2.9
115,000.00 0.00 1,782.50 115,000.00 0.00Dec/2035ULTGO 2016 Fire Dist 5 5/3/2016 3.1
Subtotal 385,000.00 25,000.00 0.00 5,447.50 360,000.00
Hospital Dist 2
6,850,000.00 0.00 196,937.50 6,850,000.00 0.00Dec/20332023A REVENUE BOND Hospital Dist 2 12/19/2023 5.75
13,510,000.00 0.00 447,518.75 13,510,000.00 0.00Dec/20432023A REVENUE BOND Hospital Dist 2 12/19/2023 6.625
46,380,000.00 0.00 1,594,312.50 46,380,000.00 0.00Dec/20532023A REVENUE BOND Hospital Dist 2 12/19/2023 6.875
25,000,000.00 0.00 583,749.97 25,000,000.00 0.00Dec/2025 - 20532023BHospital Dist 2 12/19/2023 4.67
21,650,000.00 0.00 507,692.50 21,650,000.00 0.00Dec/2025 - 20442023CHospital Dist 2 12/19/2023 4.69
Report on : \Selected Issues - Sympro_Jefferson1.ARCGIS-DB
12:25:15PM01/03/2025 1Page
PBP - Build 2.99.9981Page 14 of 17
Jefferson County
Positions by Period
Outstanding and Closed Debt Service
12/1/2024 to 12/31/2024
Primary Sort Issue Group, Secondary Sort Issue Group
[*Selected Issues]
Issue Maturity
Dates
Beginning
Balance
Bonds
Issued
Principal
Paid
Ending
Balance
Interest
Paid
Issue Group Dated
Date
Range of
Rates (%)
948,000.00 0.00 0.00 948,000.00 0.00Jul/2025GOB 2017A Hospital Dist 2 7/26/2017 2.89
4,564,300.00 0.00 0.00 4,564,300.00 0.00Jul/2025GOB 2017B Hospital Dist 2 7/26/2017 2.89
Subtotal 118,902,300.00 0.00 0.00 3,330,211.22 118,902,300.00
Port of Port Townsend
365,000.00 0.00 8,212.50 365,000.00 0.00Dec/2015 - 2025LTGO 2010A Port of Port Townsend 6/9/2010 4 to 4.5
350,000.00 350,000.00 7,875.00 0.00 0.00Dec/2024LTGO 2010A Port of Port Townsend 6/9/2010 4.5
1,630,000.00 0.00 49,918.75 1,630,000.00 0.00Dec/2029LTGO 2010B Port of Port Townsend 6/9/2010 6.125
240,653.63 0.00 0.00 240,653.63 0.00Mar/2027LTGO 2021 Port of Port Townsend 10/10/2023 1.55
717,574.40 0.00 0.00 717,574.40 0.00Mar/2027LTGO 2021 Port of Port Townsend 11/6/2023 1.55
943,586.88 0.00 0.00 943,586.88 0.00Mar/2027LTGO 2021 Port of Port Townsend 12/12/2023 1.55
635,212.66 0.00 0.00 635,212.66 0.00Mar/2027LTGO 2021 Port of Port Townsend 1/19/2024 1.55
710,188.91 0.00 0.00 710,188.91 0.00Mar/2027LTGO 2021 Port of Port Townsend 2/28/2024 1.55
535,000.00 0.00 0.00 535,000.00 0.00Jul/2016 - 2025LTGOR 2015 Port of Port Townsend 6/10/2015 3
Subtotal 6,127,216.48 350,000.00 0.00 66,006.25 5,777,216.48
School District #50
27,785,000.00 1,600,000.00 619,200.00 26,185,000.00 0.00Dec/2017 - 2035UTGO 2016 School District #50 6/1/2016 2 to 5
Subtotal 27,785,000.00 1,600,000.00 0.00 619,200.00 26,185,000.00
Grand Total 162,169,037.83 2,726,477.66 0.00 4,081,294.32 159,442,560.17
[Selected Issues]
Issue Group Issue Issue Group Issue _______________________________________________________________________________________________________County Debt Pt Hadlock Wastewater Ln 2012 County Debt LTGOR 2016 E911 County Debt LTGO REFG 2016B - Tri Area County Debt LTGO Refg 2016B E911 County Debt 2024 GAN Fire Dist 1 LTGO RFDG 2019
Fire Dist 5 ULTGO 2016 Hospital Dist 2 GOB 2017A
Hospital Dist 2 GOB 2017B Hospital Dist 2 2023A REVENUE BOND
Hospital Dist 2 2023B Hospital Dist 2 2023C
Port of Port Townse LTGO 2010A Port of Port Townse LTGO 2010B
Port of Port Townse LTGOR 2015 Port of Port Townse LTGO 2021
School District #50 UTGO 2016 Fire Dist 4 UTGO 2020
_______________________________________________________________________________________________________
Report on : \Selected Issues - Sympro_Jefferson1.ARCGIS-DB
12:25:15PM01/03/2025 2Page
PBP - Build 2.99.9981Page 15 of 17
Jefferson County
Statement of 30 Years - Calendar Year Mode
Outstanding and Closed Debt Service
As of 1/1/2025
Primary Sort Issue Group
[*Selected Issues]
2054
2050 2045
2049 2044
2040 2035
2039
2030
2034 2029 2028 2027 2025 Total 2026
County Debt
493,203.31 0.00 0.00 0.00 0.00 24,489.52 17,970.36 24,034.35 29,713.35 200,540.67 INTEREST 196,455.06
6,097,043.69 0.00 0.00 0.00 0.00 1,247,573.74 312,798.45 307,798.45 302,798.46 457,270.67 PRINCIPAL 3,468,803.92
Fire Dist 1
236,670.00 0.00 0.00 0.00 0.00 38,800.00 26,850.00 36,450.00 40,790.00 48,872.50 INTEREST 44,907.50
2,355,000.00 0.00 0.00 0.00 0.00 790,000.00 325,000.00 320,000.00 310,000.00 305,000.00 PRINCIPAL 305,000.00
Fire Dist 4
62,246.07 0.00 0.00 0.00 0.00 2,586.45 5,938.45 9,098.55 12,086.67 17,613.70 INTEREST 14,922.25
766,000.00 0.00 0.00 0.00 0.00 134,000.00 132,000.00 129,000.00 126,000.00 121,000.00 PRINCIPAL 124,000.00
Fire Dist 5
68,095.00 0.00 0.00 0.00 1,240.00 22,685.00 7,275.00 8,085.00 8,895.00 10,270.00 INTEREST 9,645.00
360,000.00 0.00 0.00 0.00 40,000.00 175,000.00 30,000.00 30,000.00 30,000.00 25,000.00 PRINCIPAL 30,000.00
Hospital Dist 2
129,462,360.96 4,775,673.30 14,706,915.68 21,464,591.34 26,208,554.50 29,752,353.60 6,288,257.28 6,388,451.96 6,483,703.94 6,819,727.90 INTEREST 6,574,131.46
118,902,300.00 28,754,992.00 27,211,338.00 20,352,811.00 15,594,111.00 12,052,224.00 2,075,901.00 1,976,819.00 1,880,379.00 7,217,261.00 PRINCIPAL 1,786,464.00
Port of Port Townsend
465,658.38 0.00 0.00 0.00 0.00 0.00 26,337.50 51,756.26 81,699.85 178,987.06 INTEREST 126,877.71
5,777,216.48 0.00 0.00 0.00 0.00 0.00 430,000.00 415,000.00 1,059,827.24 2,183,877.44 PRINCIPAL 1,688,511.80
School District #50
8,018,500.00 0.00 0.00 0.00 159,250.00 2,798,650.00 865,475.00 948,075.00 1,016,500.00 1,158,400.00 INTEREST 1,072,150.00
26,185,000.00 0.00 0.00 0.00 3,185,000.00 13,205,000.00 2,195,000.00 2,065,000.00 1,955,000.00 1,725,000.00 PRINCIPAL 1,855,000.00
299,249,293.89 33,530,665.30 13,337,393.51 20,468,820.94 17,296,868.70 41,918,253.68 41,817,402.34 45,188,155.50 60,243,362.31 12,738,803.04 12,709,568.57
Principal Total
Grand Total
Interest Total 8,434,411.83 8,039,088.98 7,673,388.81 7,465,951.12 32,639,564.57 7,238,103.59 26,369,044.50 21,464,591.34 14,706,915.68 4,775,673.30
12,034,409.11 9,257,779.72 5,664,004.70 5,243,617.45 5,500,699.45 27,603,797.74 18,819,111.00 20,352,811.00 27,211,338.00 28,754,992.00
138,806,733.72
160,442,560.17
1Page01/03/2025 12:28:33PM
Report on : \Selected Issues - Sympro_Jefferson1.ARCGIS-DB STY - Build 2.99.9981Page 16 of 17
Jefferson County General Obligation Debt 12/31/2024
JC or JeffCom DataJeffCom JC Total Sum of Principal Due Total Sum of Interest DueDate Due Sum of Principal Due Sum of Interest Due Sum of Principal Due Sum of Interest Due
12/1/2025 257,767.21 10,382.37 141,705.00 89,139.88 399,472.21 99,522.25
12/1/2026 266,285.47 7,693.13 3,144,720.00 87,715.74 3,411,005.47 95,408.87
12/1/2027 97,265.00 4,750.80 147,735.00 7,215.95 245,000.00 11,966.75 12/1/2028 99,250.00 3,680.89 150,750.00 5,590.86 250,000.00 9,271.75 12/1/2029 101,235.00 2,534.55 153,765.00 3,849.70 255,000.00 6,384.25
12/1/2030 105,205.00 1,304.54 159,795.00 1,981.46 265,000.00 3,286.00
6/1/2025 10,382.37 57,798.46 90,636.05 57,798.46 101,018.42
6/1/2026 7,693.13 57,798.45 93,353.06 57,798.45 101,046.19 6/1/2027 4,750.80 57,798.46 12,995.80 57,798.46 17,746.60 6/1/2028 3,680.89 57,798.45 11,081.71 57,798.45 14,762.60
6/1/2029 2,534.55 57,798.45 9,051.56 57,798.45 11,586.11
6/1/2030 1,304.54 57,798.46 6,894.33 57,798.46 8,198.87
6/1/2031 57,798.46 4,623.88 57,798.46 4,623.88 6/1/2032 57,798.45 4,334.88 57,798.45 4,334.88 6/1/2033 809,178.37 4,045.89 809,178.37 4,045.89
Grand Total 927,007.68 60,692.56 5,170,036.01 432,510.75 6,097,043.69 493,203.31
-
500,000.00
1,000,000.00
1,500,000.00
2,000,000.00
2,500,000.00
3,000,000.00
3,500,000.00
4,000,000.00
JC - Sum of Interest Due
JC - Sum of Principal Due
JeffCom - Sum of Interest Due
JeffCom - Sum of Principal Due
JC or JeffCom
Values
Date Due
Sum of Principal DueSum of Interest Due
Page 17 of 17