HomeMy WebLinkAbout2024-12-31__TreasurerReports2024_DecemberJefferson 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
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.