The City of Aliso Viejo is invested in the State Treasurer' s Local Agency Investment Fund

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1 Agenda Item 4-1 City of Aliso Viejo yooauso Agenda Item DATE: November 2, Y LSF o NIL TO: Mayor and City Council gtiforn FROM: Gina M. Tharani, City Treasurer SUBJECT: TREASURER' S STATEMENT SEPTEMBER 2016 Recommended Action: Approve the September 2016 Treasurer' s Statement. Fiscal Impact: No Fiscal Impact. Background: Per City policy, the Finance Department presents the monthly Treasurer's Statement for the City Council' s review and approval. This statement shows the cash balances for the various funds, with a breakdown of bank account balances, investment account balances and the effective yield earned from investments. Discussion: The City of Aliso Viejo is invested in the State Treasurer' s Local Agency Investment Fund LAIF). Investment in LAIF is allowed under the City' s formally adopted investment policy. All funds are available for withdrawal within 24 hours. In addition, in accordance with the City' s Investment Policy, the City has also invested in Certificate of Deposits and other investment instruments. Certificate of Deposits are insured by Federal Deposit Insurance Corporation ( FDIC). FDIC is an independent agency created by Congress in 1933 to supervise banks, insure deposits, and help maintain a stable and sound banking system. Investments in agencies are backed by the full faith and credit of the U. S. government. Full faith and credit means that the U. S. government is committed to pay interest and principal back to the investor at maturity. As a secondary investment option, the City continues to maintain its Money Market account with J. P Morgan Chase & Co. Excess funds are invested into an investment pool of US Treasury Notes. Interest is credited to the City' s bank account on a monthly basis.

2 Agenda Item 4-2 Gina Tharani City Treasurer APPROVED FOR SUBMITTAL TO THE CITY COUNCIL David D City Manager Attachment: Treasurer's Statement City Investments LAIF Statement

3 Agenda Item 4-3 CITY OF ALISO VIEJO TREASURER'S MONTHLY CASH STATEMENT September 30, 2016 BEGINNING TRANSFERS ENDING BALANCE RECEIPTS DISBURSEMENTS IN (OUT) BALANCE GENERAL FUND $ 13,795, ,529, ,988, (1,127.26) 12,335, GAS TAX FUND $ 1,759, , , ,775, MEASURE M $ 1,400, , , ,508, PUBLIC SAFETY GRANTS $ (1,194.78) 43, , , (1) AIR QUALITY IMPRVMNT FD $ 765, , , INTEGRATED WASTE MGMT FD $ 6, , OTHER GRANTS $ 92, , TECHNOLOGY GRANT $ 169, , , DEVELOPMENT IMPACT $ 8,140, , , (6,462.05) 8,118, FEDERAL GRANTS $ CITY FACILITY $ 30, , , (21,341.41) STREET IMPROVEMENTS $ (2) CAPITAL IMPROVEMENTS $ (179.31) , , (2) STORM WATER $ 5, , , , (52,253.83) (2) COP 2006/CFD $ 3, , , (6,666.10) REFUNDABLE DEPOSIT $ 853, , , , COMMUNITY TRUST $ 60, , , , TOTALS $ 27,082, $ 1,850, $ 3,284, $ (0.00) $ 25,648, SUMMARY OF CASH: DEMAND DEPOSITS: GENERAL ACCOUNT $ 7,874, TOTAL DEMAND DEPOSITS $ 7,874, INVESTMENTS: LOCAL AGENCY INVESTMENT FD $ 17,773, TOTAL INVESTMENTS $ 17,773, TOTAL CASH $ 25,648, L.A.I.F. - Effective Yield for September % Money Market-Effective Yield for September % Total Investments - Bank CDs and Agency Bonds $ 7,609,613 See attached chart of investments for additional detail All investments are placed in accordance with the City of Aliso Viejo's Investment Policy. The above summary provides sufficient cash flow liquidity to meet the next six month's estimated expenditures. Other monies held include Cash with Fiscal Agent, Investments, and Payroll and City Facilities Accounts $ 13,101, (1) Public Safety Grant includes the MDC and PVS Program Costs budgeted with SLESF funds. (2) Transfers in and out are done on a quarterly basis. Street Improvements include the Slurry Seal, Traffic Management and Street Improvement Projects. Capital Improvements include park improvement projects. Storm Water includes the Dairy Fork and Wood Canyon Emergent Wetland Project. Gina M. Tharani, City Treasurer

4 City of Aliso Viejo Investments As of 09/30/2016 Agenda Item 4-4 CUSIP Issuer Term Coupon Rate Original Cost Par Value Market Value* Settlment Date Maturity Date Days to Maturity YTM % of Portfolio Federal Agency Coupon Securities 3134G8W21 Federal Home Loan Mtg Corp , , ,456 04/08/ /30/2019 1, G8WG0 Federal Home Loan Mtg Corp , , ,459 04/26/ /26/ G3NB7 Federal National Mtg Assn , , ,073 05/25/ /18/2020 1, G3QD0 Federal National Mtg Assn , , ,641 05/26/ /26/2019 1, G3QK4 Federal National Mtg Assn , , ,098 05/27/ /22/2020 1, G4AF0 Federal National Mtg Assn , , ,089 09/23/ /23/2019 1, GAEF7 Federal Home Loan Mtg Corp , , ,003 09/29/ /29/2021 1, Negotiable CDs 38148JNC1 Goldman Sachs Bank , , ,000 03/19/ /19/ DD39 American Express , , ,000 10/14/ /16/ VM7 Discovery Bank , , ,000 10/15/ /15/ LVG5 Ally Bank , , ,000 10/29/ /01/ XJ4 Capital One USA Bank , , ,000 11/04/ /05/ WT8 Sallie Mae Bank , , ,000 11/04/ /06/ QDM3 Bank of Boroda , , ,000 11/12/ /10/ P1 Wells Fargo Bank , , ,000 11/12/ /12/ PPA8 Compass Bank , , ,000 11/30/ /30/ ADR2 BMW Bank , , ,000 01/22/ /22/ APN0 Comenity Bank , , ,000 03/21/ /21/ FR9 Berkshire Bank , , ,000 03/23/ /25/ CRE8 MB Financial Bank , , ,000 04/15/ /15/ CD2 World Foremost Bank , , ,000 05/05/ /04/ JPE3 Merrick Bank , , ,000 05/19/ /21/ QWS8 Safra Bank , , ,000 05/19/ /21/ WGE9 BMO Harris Bank , , ,000 05/26/ /25/ Y4K7 JP Morgan Bank , , ,000 06/17/ /17/ CDX3 WEX Bank , , ,000 07/29/ /29/2019 1, YBG1 HSBC BANK , , ,000 08/24/ /24/ USC5 Investors Community Bank , , ,000 09/09/ /11/ RBY6 CAPITAL ONE NA , , ,000 09/21/ /23/2019 1, CK3 Bank United NA , , ,000 09/28/ /28/ Portfolio: $ 9,089,613 $ 9,090,000 $ 9,092, % Weighted Average Maturity (years) Weighted Average Yield % *Market Values obtained from US Bank Treasury Division.

5 LAIF Regular Monthly Statement Page 1 of 1 Agenda Item 4-5 Local Agency Investment Fund P.O. Box Sacramento, CA (916) CITY OF ALISO VIEJO FINANCE DIRECTOR 12 JOURNEY, #100 ALISO VIEJO, CA PMIA Average Monthly Yields Tran Type Definitions September 2016 Statement Effective Transaction Tran Confirm Date Date Type Number Authorized Caller Amount 9/12/2016 9/12/2016 RW GINA M. THARANI -2,000, /29/2016 9/29/2016 RW GINA M. THARANI -2,000, Account Summary Total Deposit: 0.00 Beginning Balance: 21,773, Total Withdrawal: -4,000, Ending Balance: 17,773,915.56

6 Agenda Item 4-6 JOHN CHIANG TREASURER STATE OF CALIFORNIA PMIA Performance Report Date Daily Yield* Date Yield 09/19/ /20/ /21/ /22/ /23/ /24/ /25/ /26/ /27/ /28/ /29/ /30/ /01/ Sep % 10/02/ Aug % 10/03/ Jul % 10/04/ /05/ /06/ /07/ /08/ /09/ /10/ /11/ /12/ /13/ /14/ /15/ /16/ /17/ /18/ /19/ *Daily yield does not reflect capital gains or losses View Prior Month Daily Rates Quarter to LAIF Conference October 25, 2016 Register Now! LAIF Performance Report Quarter Ending 09/30/16 Average Maturity (in days) Apportionment Rate: 0.60% Earnings Ratio: Fair Value Factor: Daily: 0.65% Quarter to Date: Average Life: 0.61% 165 Certificates of Deposit/Bank Notes 20.21% PMIA Average Monthly Effective Yields Pooled Money Investment Account Portfolio Composition 09/30/16 $68.3 billion Time Deposits 7.65% Commercial Paper 10.74% Agencies 14.09% Loans 1.17% Mortgages 0.08% Treasuries 46.06% Based on data available as of 10/19/2016