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HomeMy WebLinkAboutMINUTES - 03062001 - C.66 TO: BOARD OF SUPERVISORS '�E`{E�L==°� Contra �. WILLIAM J. POLLACEK Costa FROM: TREASURER-TAX COLLECTOR �. - o� � � CountyDATE: March 13, 2001 ST9 COU11� SUBJECT: TREASURER'S INVESTMENT REPORT THROUGH DECEMBER 31, 2000 SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMMENDATION(S): ACCEPT the report from the Treasurer-Tax Collector on County investments as of December 31, 2000 BACKGROUND/REASON(S) FOR RECOMMENDATION(S): Government Code section 53646 requires the County Treasurer to prepare quarterly reports to the board of Supervisors describing County investments including type, cost, par value, and market value. Attached please find the report covering the period through December 31, 2000. Section 3 of the balance of the report, is an appendix with financial data, which is available for reference at the Clerk of the Board's office. CONTINUED ON ATTACHMENT: YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE c/ APPROVE OTHER SIGNATURE(S): �c SSG ACTION OF BOAR O March 6 , 2001 APPROVED AS RECOMMENDED XX OTHER VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A TRUE AND CORRECT COPY OF AN ACTION TAKEN AND ENTERED ON THE MINUTES OF XX UNANIMOUS(ABSENT XX ) THE BOARD OF SUPERVISORS ON THE DATE SHOWN. AYES: NOES: ATTESTED ABSENT: ABSTAIN: Contact: JOHN SWEETEN, CLERK OF THE BOARD AND COUNTY A%M1 �1�s-rRATQ_R Cc: BY I DEPUTY CONTRA COSTA COUNTY TREASURER'S QUARTERLY INVESTMENT REPORT AS OF DECEMBER 31, 2000 TABLE OF CONTENTS Paqe I. Executive Summary 1 II. Treasurer's County Investment Pool Summary 2 III. Appendix A. Investment Portfolio Detail—Managed by Treasurer's Office 4 1. Portfolio 5 2. Market Valuation Sources 23 B. Investment Portfolio Detail—Managed by Outside Contracted Parties 1. State of California Local Agency Investment Fund 1-1 a. Summary 1-2 b. Statements 1-3 2. Capital Asset Management Funds 2-1 a. Wells Fargo Bank 2-2 b. Bank of America 2-12 3. California Arbitrage Management Program for Redevelopment Agency 3-1 (Contra Costa County Public Financing Authority) a. Summary 3-2 b. Portfolio 3-3 4. Guaranteed Investment Contract Summary 4-1 a. Summary 4-2 b. Statements 4-3 5. U.S. Bank Corporate Trust Services. Community Facilities District 5-1 No. 1991-1 (Pleasant Hill Bart Station Area) 1998 Special Tax Refunding Bonds Reserve 6. Mechanics Bank for Micro Enterprise Loans 6-1 7. Other. 7-1 i EXECUTIVE SUMMARY • The Treasurers investment portfolio is in compliance with Government Code 53600 et. seq.. • The Treasurers investment portfolio is in compliance with the Treasurers current investment policy. • The Treasurer's investment portfolio has no securities lending, reverse repurchase agreements or derivatives. • The total investment pool equaled $1,431,877,089 on December 31, 2000. The fair value was $1,439,200,342, which was 100.5% of cost. • The weighted average maturity of the total investment pool was 86 days. Over 93 percent of the portfolio or over $1,342 million will mature in less than a year. The County is able to meet its cash flow needs for the next six months. A. orM.-xecvtm.wm 1 MmLO � � � � � o ZR ZR � � p CO M M W N d O to W N N tf') r O M N O d d to o O N N J (D r 0o O) 00 d m Na! 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W ^ ^ cc m co O) M to ^ w O M (D Cl) M 14 M W N co co 00 N OM r, >. W 00 N d (o M M CO ^ 01 N (D W co (D M n d O to C' co O (D U, M tf) (D .- M M M O ^ (n N 2 LU d W (o M co CO N Z) LUM M (O co O to N N N U) co U O W U O Q LL (n O O (n U Q cc Q z m Z O u W U !2 M N c C Uca V o ni m O o N o mo. E Z u o c m a o U o'N v H y J U CD a > E J 0 y a o c E y CO y m m y m F 'a LL >. b1 )--• O d (n C Y m C C O O w C rJ C C lu O J F- d m N m p m m O 7 rJ y m Q [[ 03 (n o Q aCi y E m Q p J3 H c cc c (n U m L m y m �- (� N 7 y o m 0 — O y y C ar O O > C y U O m y V m v rnC'� Z m o f a Q m y c E m Q) o E Q a E m > o a c E E ' E m ca m - U to c u t oa a, E ¢ t^ C to O m 0 > m N -t0 m m 0 m C V tp Q m co m LL 2 Z S o m m u F'" OL - m y m LL c ~ Q m m m w 0 n o > 2 E `O � O 1O •+ Q75 (D L x o o an d ar ar a`� 'c c o ") o c m m` m m m c E N ami d d m o o m o ao'i m E E u c 2 O co (n „ 7 (L (L (L (L O (n ¢ U Z i- (n E � O m t C > N m - c U Q m U 2 NOTES TO INVESTMENT PORTFOLIO SUMMARY AS OF DECEMBER 31, 2000 1. All report information is unaudited but due diligence was utilized in its preparation. 2. There may be slight differences between the portfolio summary page and the attached exhibits and statements for investments managed by outside contractors or trustees. The variance is due to the timing difference in recording transactions accomplished by contracted parties during interim periods and later transmitted to the appropriate county agency and/or the Treasurer's Office. In general, the Treasurer's records reflect booked costs at the beginning of a period. A:Notes 3