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HomeMy WebLinkAboutInvestment Report and Transaction Reporting - January 31, 2018 Menchaca, Clarissa From: Worsham, Colette Sent: Thursday, February 15' ZO181284PM To: Snyder, Ashley; Gullickson, [ano|l; Childs, Heather; Christy Patterson, Butte County Schools JPA; Worsham, Colette; Houser, David; Heather Naylor, Gridley Unified School District; Cook, Holly; Beene, Dana; Bruffett, Jim; Kevin Bultema, Chico Unified School, District; Honea. Kory;Jordan, Kurt; Lisa Anderson, TOC Member(8COErep); Lam, Lisa; SamdovaK, K4aritza;Jessee, K4eegan; Menchaca. Clarissa; Mia Osborne-Ng, Executive Assistant tmthe Butte County Superintendent ofSchools; Ramsey, Mike; Moak, Peggy; Bennett, Robin; Hubbard, Sheryl; Connelly, Bill; Kirk, Maureen; Lambert, Steve;Teeter, Doug; Wahl, Larry; Peterson, Susan; Susan Watts, TOC Member (OUHSID rep);Tim Taylor, Butte County Superintendent ofSchools;William (Jim) Nicholas, Director of Business Sen/ices Subject: Investment Report and Transaction Reporting January 31, 2O18 Attacbmments: Investment Report January 31, 2018 pdf,Transaction Reporting January 31, 2018.pdf Greetings! The Treasurer's Investment Report for the month ending January 31, 2018 is attached, for your reference. Additionally, the information provided in the attached "Transaction Reporting January 31, 2018" consists of spreadsheets and statements detailing transaction activftyfor the month. If you have any questions or concerns, please feel free to contact Peggy Moak 552'3737mrLisa Lam et552-3731. Best regards, Coq/,tte,Wowshawvv Supervisor, B�aDkingand Cash Management, Treasury Division Butte County Treasurer-Tax Collector 25 County Center Drive, Suite 125, Orovifle, CA 95965 ATTENTION: THIS IS A NEW PHONE NUMBER. PLEASE UPDATE YOUR, RECORDS M:5,30,.552.3730 T: UF: 530.538.7648, Treasurer-Tax Collector Peggy Moak, Treasurer-Tax Collector rs ;` ' Treasury Division 25 County Center Drive, Suite 125 T: 530.552.3730Butte County buttecounty.net/ttc Oroville, California 95965-3384 F: 530.538.7648 TREASURER-TAX COLLECTOR February 15, 2018 Butte County Board of Supervisors Butte County Chief Administrative Officer Investment Pool Oversight Committee The attached investment report for January 31, 2018 is submitted in accordance with the Butte County Statement of Investment Policy dated July 1, 2017. All investments are in compliance with this policy. The Investment Report demonstrates that sufficient liquidity is available to meet anticipated expenditures during the next six months. The Local Agency Investment Fund (LAIF) is used as a comparison against Butte's portfolio performance. A look at the 5-year moving average for the Butte County Treasury apportioned yields vs. LAIF apportioned yields demonstrates that, over time, a medium term, laddered portfolio will generally outperform a shorter-term investment strategy, which LAIF usually mirrors. The 5-year moving average for Butte County's FY 15116 and FY 16117 performance compared to LAIF shows margins of 0.865% and 0.697%, respectively. Using $350,000,000 as a baseline portfolio (actively invested balance), this translates to enhanced earnings averaging $3,027,500 per year for the past five years. NOTE: Fair values are trending lowerthan cost carried due to an increasing yield environment. Investments are marked to market monthly based on a current market price determined by U.S. Bancorp Investments. Copies of statements reflecting investment and cash management transactions are provided to the Board of Supervisors monthly and are available upon request. Quarterly Investment Reports are made available on the Treasurer-Tax Collector website at http://www.buttecounty.net/ttc. Respectfully, 4 Peggy Moak Butte County Treasurer-Tax Collector cc: Butte County Auditor-Controller Butte County Special Districts(Quarterly) Butte County Board of Supervisors Butte-Glenn Community College Butte County District Attorney Chico Unified and Gridley Unified School Districts Butte County Schools-JPA Jessee,Meegan—Butte County Deputy Administrative Officer Butte County Sheriff Beene,Dana—Butte County Internal Auditor Butte County Superintendent of Schools ���N IREASV£E£-W:CCNIKID£ BUTTE COUNTY TREASURER'S INVESTMENT REPORT January 31,2018 YIELD TO WEIGHTED AVERAGE ACTIVELY MANAGED PORTFOLIO: MATURITY MATURITY(DAYS)' PAR VALUE FAIR VALUE COST CARRIED LOCAL AGENCY INVESTMENT FUND(LAIF) 1.350% 1 83,487,914.50 83,487,914.50 83,487,914.50 CALTRUST SHORT TERM 1.508% 1 4,619.40 4,619.40 4,613.50 CAMP SHORT TERM 1.430% 1 20,372,864.75 20,372,864.75 20,372,864.75 BANK MONEY MARKET(COLLATERALIZED) L230% 1 5,037,299.61 5,037,299.61 5,037,299.61 U.S.TREASURY NOTES" 1.765% 1,168 59,000,000.00 57,696,168.00 58,667,709.18 MUNICIPAL BONDS'" 1.777% 880 38,760,000.00 38,277,630.30 38,891,825.87 CORPORATE NOTES" 1.540% 511 38,202,000.00 38,038,007.87 38,444,797.90 NEGOTIABLE CDS" 1.915% 1,135 10,000,000.00 10,000,000.00 9,997,105.47 FEDERAL AGENCY I SUPRANATIONAL NOTES" 1.529% 858 178,850,000.x0 175,951,054.90 178,632,486.90 TOTAL ACTIVELY MANAGED PORTFOLIO: 1.550% 662 433,714,698.26 428,865,559.33 433,536,617.68 INVESTMENT OF NOTEIBOND PROCEEDS AND OPERATING CASH SCHOOL BOND PROCEEDS(we page 2tordetais) 77,948,239.49 77,948,239.49 77,948,239.49 OPERATING ACCOUNTS U.S.BANK CHECKING ACCOUNT DEPOSITS 22,055,473.46 22,055,473.46 22,055,473.46 OPERATING CASH 24,898.63 24,898.63 24,898.63 OTHER 0.00 DAD 0.00 TOTAL TREASURER'S FUND LEDGER BALANCE: 533,743,309.84 528,894,170.91 533,565,229.26 INVESTMENTS UNDER MANAGEMENT OF TRUSTEES(see pagesrordetads) 2,415,947.78 2,415,947.78 2,407,725.90 PAR VALUE FAIR VALUE COST CARRIED TOTAL CASH AND INVESTMENTS: 536,159,257.62 531,310,198.69 535,972,955.16 SIX MONTH LIQUIDITY PROJECTIONS Estimated Cash Receipts for Next Six Months 523,567,867 Estimated Disbursements for Next Six Months -537,356,235 Estimated Net Cash Flow for Next Six Months"" 13,788,366(Al) Prudent Reserve .30,000,400(A2) Securities Maturing 60,500,000(B) Local Agency Investment Fund I Cal Trust I MMF/CAMP 108,902,692(C) Total Liquidity for Next Six Months 125,614,324(A1+A2+B+C) Estimated Cash Available for Long Term Investment -30,000,000 Remaining Available Liquidity 95,614,324 Total Par Value of actively managed Investments maturing In less than 12 months: 182,902,698 Total Par Value of actively managed Investments maturing In more than 12 months: 250,812,000 ' Actual Weighted Average Maturity wll be shorter,and actual dollar amount of investments maturing in less than 12 months will be higher than stated,due to call features on investments. Seepage 5 for detailed list of investments. "' Includes TRAN(Tax and Revenue AnBcipation Notes)receipts and disbursements,if applicable. BUTTE COUNTY TREASURER'S INVESTMENT REPORT INVESTMENT OF SCHOOL BOND PROCEEDS January 31,2018 INVESTMENT MATURITY ANNUAL PAR FAIR COST BONDINOTE DESCRIPTION TYPE DATE DESCRIPTION YIELD` VALUE VALUE CARRIED BONDS-LOCAL AGENCY INVESTMENT FUND(LAIF) Butte-Glenn CCD 2016 GO Bond Series A LAIF 1.350% 40,418,321.53 40,418,321.53 40,418,321.53 Chico Unified 2012 GO Bond Measure E Series A LAIF 1.350% 1,717,818.84 1,717,818.84 1,717,818.84 Chico Unified 2016 GO Bond Series A LAIF 1.350% 35,812,099.12 35,812,099.12 35,812,099.12 PAR FAIR COST VALUE VALUE CARRIED GRAND TOTAL 77,948,239.49 77,948,239.49 77,948,239.49 Yields quoted above are a snapshot per Investment type.Aclual yields earned on school bonds are calculated by She Treasurefs office and are a composite of Investment earnings less Treasury costs. 2 BUTTE COUNTY TREASURER'S INVESTMENT REPORT DEPOSITS AND INVESTMENTS UNDER MANAGEMENT OF TRUSTEES/FISCAL AGENTS January 31, 2018 INVESTMENT MATURITY ANNUAL PAR FAIR COST FINANCING PROGRAM TYPE DATE DESCRIPTION YIELD VALUE VALUE CARRIED 2004 PENSION OBLIGATION BONDS WELLS FARGO BANK,TRUSTEE Series A Band Fund#XXXX1106 Money Market WF GOVT MMF#1751 1.158% 1,203,674.54 1,203,674.54 1,203,674.54 InL Rate Stabilization Fund#XXXX1109 Money Market WF GOVT MMF#1751 1.158% 1,016.15 1,016.15 1,016.15 Pooled Agency Funds Local AflencyInvestment Fund 1.350% 1,661.41 1,661.41 1,661.41 Principal Account Fund#XXXX1140 Cash Cash 0.000% 11.63 11.63 11.63 Interest Account Fund#XXXX1141 Cash Cash 0.000% 84.87 84.87 84.87 Surplus Account Fund#XXXX1142 Cash Cash 0.000% 5,217.54 5,217.54 5,217.54 Sinking Account Fund#XXXX1143 Cash Cash 0.000% 0.00 0.00 0.00 Series B Interest Fund#XXXX1301 Money Market WF GOVT MMF#1751 1.158% 31,728.40 31,728.40 31,728.40 Series B Bond Fund#XXXX1305 Money Market WF GOVT MMF 91751 1.158% 964,039.23 964,039.23 964,039.23 Series B Interest Fund#XXXX1307 Money Market WF GOVT MMF 41751 1.158% 80.98 80.98 80.98 SUBTOTAL 2,207,514.75 2,207,514.75 2,207,514.75 DEPOSITS WITH FISCAL AGENTS Discovery Benefits Plan Year Cash Balance 1101116-12131115" NA 38,221.88 38,221.88 "30,000.00 York Risk Services Group-Claim Administrators Umpqua Bank AXXXXX2601 Commercial Bank Business Checking NA 170,211.15 170,211.15 170,211.15 SUBTOTAL 208,433.03 208,433.03 200,211.15 PAR FAIR COST VALUE VALUE CARRIED GRAND TOTAL 2,415,947.78 2,415,947.78 2,407,725.90 Represents the most current data available(source:Auditor-Controller) Benefits can be paid in advance of receipt of offsetting payroll deductions 3 BUTTE COUNTY TREASURER'S INVESTMENT REPORT ACTIVELY MANAGED PORTFOLIO"AT-A-GLANCE" January 31,2018 INVESTMENTS BY TYPE" INVESTMENTS BY MATURITY&YIELD* Local Agency Investment Fund/CalTrustfMMFfCAMP LAIFICTIMMFICAMP $ 108,902,698 Federal Home Loan Bank FHLB $ 30,200,000 LAIFICALTRUST/MMFICAMP(1 day) 1.359% $ 108,902,698 Federal Home Loan Mortgage Corp FHLMC $ 13,000,000 01-12 months 1.246% $ 74,000,000 Federal Nabonal Mortgage Assn FNMA $ 25,000,000 13-36 months 1.644% $ 108,722,000 Federal Farm Credit Bank FFCB $ 25,000,000 37-60 months 1.763% $ 142,090,000 Federal Agricultural Mortgage Carp FAMCA $ 30,000,000 TOTAL PAR VALUE $ 433,714,698 Corporate Notes CORP $ 38,202,000 U.S.Treasury Notes UST $ 59,000,000 'Invesbnents managed by Trustees&School Bond Proceeds not included. Tennessee Valley Authority TVA $ 5,000,000 Supranational SUPRA $ 50,650,000 Final maturity dates are used;probable call dates are not considered. Cert ficales of Deposit{Collateral¢ed/Nsgotiablef COs $ 10,000,000 Amounts quoted at Par Value. Municipal Bonds MUNI $ 38,760,000 $ 433,714,698 9% 2% 12% 1% 13% e 'E K 9% •LAI F/CALTRUST/MMF/CAMP(1 day) •LAtF/CT/MMF/CAMP•FHLB FHLMC •FNMA .01.12 months •FFCB FAMCA •CORP •UST =13.36 months •TVA •SUPRA •COs •MUNI •37.60 months Butte County Pooled Treasury Portfolio Balance" Net of Tax and Revenue Anticipation Notes(TRAM) and Bond Proceeds $525,000,000 $500,000,000 �•.zo1a $475,000,000 —F-2017 -b 2016 $450,000,000 —.*-2015 $425,000,000 X2011 $400,000,000 --0--2013 ��2012 $375,000,000 -2011 $350,000,000 $325,000,000 "-02009 �r-zoos $300,000,000 $275,000,000 $250,000,000 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC •• This chart does not include deposits from IRAN,Bond Proceeds,or Investments under Management of Trustees. It is intended to demonstrate cash flow trends and establish a baseline for the portfolio,enabling medium term investments. 4 BUTTE COUNTY TREASURER'S INVESTMENT REPORT MANAGED PORTFOLIO•DETAILS OF SECURITIES HELD January 31,2018 Credo RAUn9 Purchase Matur4y Ylerd to SocuritY 0945[i tlon UP Mandy' Fitch Date Date Maturity 4%1 Par V4luo 911V91ua Cast Cerrlad' 3135000E1 FEDERAL MATL MORTGAGE ASSN AA- Ana AAA 2114!2013 2/148018 1.OW 10,W0,00,0 9,898,400,00 10.000.000.00 48124JSZ2JPMORGAN CHASE BANK NA NR NR NR 2282613 ZQ20113 1125 250,000,00 250,000,00 260,0W.00 31315POM4 FARMER MAC NR NR NR 3472013 3162018 0.940 10.000.000.00 9,997,BDU.00 9999,998.05 31315PZZ5 FARMER MAC NR NR NR 51152 ,0 013 370/2015 0.976 50,000.00 4,996,410,00 4,990.940.21 84952WBZ5 NEW YORK LIFE GLOBAL FOG AA- Ana AAA 4078015 4078078 1230 5,00,000.00 4,094,665.00 5,000,820.19 02006LON6 ALLY BANK NR NR NR 47302015 4602016 1.750 2590000 250,0 0000 250,000.00 313JEC14YO FE011RAL FARM CREDIT RANK AA- Ana AAA 5162013 5162018 0.986 5,000,00.00 4.991.170 00 4,999.52647 3134G45W4 FEOERAL HOME LOAN MTG CORP AA- Aaa AAA 5292013 5292018 1.000 5,000,000.00 4,092,185.00 5,000,000.00 17275RAUS CISCO SYSTEMS INC AA- Al NR 11722015 6!152018 1.365 5.00.OoaCo 4,996,360,00 5,005,184.78 89MTCPB TOYOTA MOTOR CREOrr CORP AA- Ana A 91182015 71132o18 1.60 5,000,000.00 4.996,010 DO 4,998.59672 912828XK4 US TREASURY NOTE AA. Aaa AAA 122018 71152018 1.509 5,000,000.00 4,983,010.00 4,985.755.67 91 282 810 0 USTREASURY NOTE AA+ Aaa AAA 1!32016 773172018 1,652 5,000000Go 4,092,775,00 4,995,626.49 38147J3EO G04OMAN SACHS BANK USA NR NR NR 8272014 827/2016 1.650 250,00.0 250.00600 260,000.00 02697CAY6 AMERICAN EXPRESS BK FSB NR NR NR 8262014 8282018 1.600 250AW,00 250,00.00 250.00.00 459053ERO INTL BK RECON B DEVELOP AAA Aaa AAA 12152018 10/52018 1201 2,5000000 2,484,315.0 2,495,845.02 0405911101 PENN VA44EY AUTHORITY AA- Aaa AAA 7282817 1C1162018 1.383 5,00,000.0 4.997,71500 6.G13,484 67 795450RM9 SALLIE MALE BANKISALT LYE NR NR NR 112572013 112011010 2.450 260,00.00 250,00.00 25ROW.00 BW184WJ7 ORIENTAL BANK NR NR NR 12!102010 12/17/2018 1.750 250,00.00 250,000.00 250,00.00 892UTSBO TOYOTAMOTOR CREDIT CORP AA- Ana A 91182015 11172019 1.875 5.00.000.00 4,99992500 5.010,41751 037833802 APPLE INC AA- Act NR 111712017 9!222019 1.450 1,540,00.00 1,53,077.82 1.543.994,49 65003SKSO NEW YORK ST URBAN DEV CORP REV AAA Aal AA+ 121182014 31152019 1.900 5,00000.00 5,00,150.00 5,000,515.91 13W3CK43 CALIFORNIA ST GO UNLTD TXBL AA- A03 AA. 11242014 5112019 1.90 3.000.000.00 3.006.37000 3,012,519.41 3133EFD20 FEDERALFARM CRE OU BANK AA- Aaa AAA 2232416 523/2019 1.208 5,000,000.00 4,951,190.0 4.998.99145 594918ACS WCROSOFTCORP APR Aaa AA+ 9282016 6112019 1.580 2,800,000.00 2,570,290.00 2,584,498.87 01412GS32 UNIV OF CALIFORNIA CA REV TXBL AA Aa2 AA 82412015 7!12019 1.698 5.000.0690 4,978,10000 5,006,67376 31315PM71 FECERAL AGRIC MTG CORP NR NR NR 71172014 71172019 1.613 5,000,00.00 4,978,435.00 4.994.220 Ill 45905SEVI INTL BK RECON S DEVELOP AAA Aon AAA 1282916 7202019 1.392 5,000,000.40 4,933,345.00 4,989,729,53 31315PT01 FARMER MAC NR NR NR 8252014 8232019 1.765 5.000400.90 4965.950 4,907,698,83 t18389XAX3 ORACLE CORP AA- Al A. lo7812o15 1018/2019 1.845 4,162.00.00 4,167,77525 4,189,260.56 45905UZJ6 INTL BK RECON S DEVELOP NR Ano NR 12=016 10252019 1.573 5,000.00.00 4,911,620.00 4.976.966 44 3133EEBN9 FEDERAL FARM CREDIT BANK AA- Aaa AAA 111122014 1111272019 1.800 5,000.00.00 4,967,880.00 5,00,000,00 66 1 9594AW3 WHITNEY BANKfMS NR NR NR 1252017 1272020 1.700 250400.00 250.0W.00 250,00000 02587OXE3 AMERICAN EXPR CENTURION NR NR NR 1808015 1/302020 1.050 250,000.00 250,00.00 250,000.0 8528MEMO TEXAS ST TECH UNIV REV AA. Aa1 AA- 1188015 21152020 1.790 2.$70,00.00 2,552,524.00 2,585,750,48 912828.164 USTREASURY NOTE AA- Ana PAA 4182015 31312020 1.330 5,OW.0moo 49111,990.005,004.6594B 1303CSQ4 CALIFORNA ST GO UNLTD 7X9L AA- Aaa AA- 41292015 4112020 1.680 5,000,00.00 4,945,050.00 5,012,413,09 71270QM52 PEOPLES UNITED BANK NA NR NR NR 4/152015 41152020 1.600 250,000.00 250,000.00 250,000.00 3138WHF7 FEDERAL NAIL MORTGAGE ASSN AA• Ana AAA 51182015 61192020 1.600 5.00.90.00 4,936070.00 5,000.000 00 912B28XE5 U 5 TREASURY NOTE AA r Ann AAA 8112015 57312020 1.503 4,000,D0.W 3,937,188.00 3,999.709 06 140420RXD CAPITAL ONE BANK USA NA NR NR NR 8/102015 81102020 2008 250,000.00 250,000.06 248,411.60 313383HUS FEDERAL HOME LOAN BANK AA+ Aaa NR 8152015 61422020 1.780 5.000,0.00 4,942,905.00 4,006,BW,19 31336341-11 FHLB 1,375 o62o AA- Ana NR 7832015 6/122020 1.795 5,700,D0.W 5.068.938.40 5,150,768,82 8621172X7 TEXAS STABM UNIV REV AAA Aaa AAA BIt02015 7112020 1.03 3,CW,D0.0o 2,949,60.00 2,985,327,09 459058FMO INTL BK RECOM B DEVELOP AAA Aaa AAA 8232016 81102020 1.140 5,000,0000 4,852,135.00 4,998,120,85 05580ACW2 HMw DANK NORTH AMERICA MR NR NR 9/182015 9!182020 2.200 250,000.00 250,00.W 250,000,00 20033AMR4 COh1ENfTY CAPITAL BANK NR NR NR 97212015 912112 0 2.250 250,000.00 250,00.0 25 00000 403DBSYWO HEY BANK MA NR NR NR 9272017 9282028 1850 250,00.00 250,DW.00 250,00.0 3138G11-128 FANNIE MAE AA+ Aen AAA 2742017 9282020 1.677 5400.000.00 4,932,190.0 5,002,911,03 9126282Z2 U S TREASURY NOTE AA r Aae AAA 101312017 10/152020 1.712 5,000,000.0 4,919.140.00 4.980.570.39 254872VT2 DISCOVERBANK NR NR NR 10212015 10872020 2.200 250,00.00 250,000.00 260.00 GO 14042RBL4 CAPITAL ONE NA MR NR NR 11/132015 10282020 2277 250.900.00 250.00.0 240,827,44 594DIZBGB MICROSOFT CORP AAA Aae AA- 8222018 111sY202O 1.382 5,00,00.00 4,947,675.00 5.001.562 40 94966TWM WELLS FARGO BANK NA MR NR NR 127312415 12138020 1500 250,D00.00250,000.0 250.000 GO 20266NX93 ENERBANKUSA NR NR NR 1882016 1282021 1,903 250.000.0 250,000.00 249,626,44 09677DET9 TRISTATE CAPITAL BANK NR NR NR 113112018 2112021 2.350 250.00.00 250.000-00 250,0000 313DA7CV5 FEDERAL HOME LOAN BANK AA- Aaa NR 4/72016 2/182021 1915 51000,000.00 4,862,850.00 5.008.802.31 4581XCCS5 INTER-AMERICAN DEVEL BK AAA Aaa AAA 111152018 31152021 1,574 5,00o,0o.0 4,915,195.0 5,045,212.18 130S3CPa7 CALIFORNIA$T GO UNLTD AA- Aa3 AA- 8/132015 4112021 1.430 5,000,000.00 4.845,050.00 5,010,621.53 3134WY29 FREODIE MAO AA- NR AAA 40&2016 4882021 1826 3,000,00.00 2,939,806,00 2.09TCO2W 459:56FOO INTL OK RECON B.DEV STEP-UP NR NR NR 4282018 4282021 1250 3,00.00,0 2,641,440,00 3,00,00.00 12a629AC2 CALDWELL RK B TRUST CO NR NR NR 0132016 51132021 1.400 250.000.00 250,000.00 250,90.00 2GFS9 UNIVOFCALIFC r;IACARCN''XOL - AA 5'51.'016 FJ,5802' 14!' S,^OC,CW.W 4,876960.4^ 364.54 459056FH1 INTL BK RECON S DEVELOP AAA Aaa AAA Un32010 5842021 1412 5.000,000 00 4,828,035,00 4,994,071.84 313SWMv4 FEDERAL NATL MORTGAGE ASSN AA- Aaa AAA 6252016 5852021 1,375 5.000.00,00 4,6206050 5,00,00.00 313DA05K4 FEDERAL HOME LOAN DANK AA- Aaa NR 1226/2017 6822021 2.197 5,000,000 00 4.954.02,9 00 4,997,22942 27113PBEG EAST BOSTON SAVINGS BANK NR NR NR 02' Zolo 6230021 1,500 250,000.00 250,0000 250,00.00 912826527 US TREASURY NOTE AA- A- AAA 12/152017 8/302021 2027, 5,000,000,00 4,BW.585,GO 4,852,103.33 3733EGKA2 FEDERAL FARM CREDIT BANK AA+ Ana AAP. 71672018 716/2021 1,500 5,000,000 DO 4.539.300 00 5,000,00.00 3130ABOSS FEDERAL HOME LOAN BANK AA+ Aaa NR 7^42018 7/148021 1201, 5.00.000 DO 4,792,835,00 4,987,293.70 584038452 MEDALLION BANK UTAH NR NR NR 7282018 7882D21 1400 250,000,0 250,00 00 250,000.00 Ml3QBN7 THIRO FED SAVOLN CLEVLNO NR MR NR 7288017 7/282021 2.000 250,000 DO 250.000,00 250,000.00 95960NJNB WESTERN STATE BANK NR NR NR 7298016 7298021 1.400 250,000,0 250,000,00 250.000.00 S. '401 MICROSOFTCCRP AAA Ann AA+ 8/192018 8182021 1541 5.000,000 GO 4,034,390,00 5,001,511.87 74267GVM8 PRIVATEBANK B TR UST CO NR MR NR 87302016 8/3072021 1.500 250.0800 25900,00 250.00.00 C81730BRO BENEFICIAL BANK NR NR NR 91182018 97130021 1.500 250,0000 250,00000 210.m.00 459058FP3 INTL BK RECON 8 DEVELOP AAA Aaa AAA 57192017 9202021 1899 5,750,0,00 4,950,540,50 5,00,199.79 87165FNC4 SYCHRONY BANK NR MR NR 10212016 10212021 1.700 250,00000 250,0000 250,000.00 912820TOT U 5 TREASURY NOTE AA- Asa APA 11270017 107312 0 021 1.955 5, 0,000.00 4.796.075 00 4.73,502.93 3130AA2F4 FEDERAL HOME LOAN BANK AA- Aaa NR 1t232o16 11230021 1.70 5,000,000.00 4,843,850.0 5,000.000.00 4590SUC28 INTL BK RECON B DEVELOP NR NR NR 12282016 12282021 2450 5.0000000 4,895,350.00 5,000,000.08 064601656 BERKSHIRE BKJPITTSFIELD MR NR MR 127302016 127302021 2.20 250,00.0 250.000.00 250,00.00 459056FY4 INTL BK AECON B DEVELOP NR Aaa AAA 31102017 1262022 2.2165 5,00,000.0 4,97,840.00 4,968,805.81 31MEHAX9 FEDERAL FARM CREDIT BANK AA+ Aaa AAA 2232017 2232022 2.80 5.0W.o0.00 4,911,040.00 5,000,000.00 940727AH3 WASHINGTONFIRST BANKSHAR NR NR NR 283/2017 2232022 2.0511 250.000.00 250.000-00 250,00.0 256B5OAV7 DOLLAR BANK FSB PA NR NR NR 382017 3/6120222.050 250,0000.00 250,00.00 250.000.00 222 574193MC8 MARYLAND ST GO UNLT AAA Aea AAA 3017 3!152022 2.250 5,190,0 .00 5,121,336.30 5,190,000.0 908796050 ZONA NR MR NR 4138017 4112022 2.102 250.000.00 250.00600 249,000.0 3132KOSKS FARMER MAC NR NR NR 515+2017 5150022 1975. 5,000 Z.00 4,900,835.00 5,000.000 00 58740XZB9 MERCANTILE BANK OF MI NR NR NR 51102017 51102022 2.100 260AW.00 250,000.00 250,000.0 92634CCO2 VISICNBANK OF IOWA NR NR NR 11282017 67312027 2.150 250.000.00 250,00.0 250,000.00 912828XW5 USTREASURYNOTE AA+ Ana AAA 7018017 8/300022 1.810 5,00,00.00 4,851,365.00 4.907,450,72 0874DKKOB BARCLAYS BANKIDELAWARE NR NR NR 71122017 71122022 2.200 250,000.00 250,00.00 250,00.00 912828XOa US TREASURY NOTE AA- Ana AAA 77372017 77312022 1.823 5.00.0.00 4,900,585.00 5,037,913,30 319141HG5 FIRST BANK OF HIGHLAND NR NR MR 81180017 81760022 2.200 250,00.00250,00.00 250.000.00 87270LAJ2 TLAA FSB NR NR NR 81152017 81482022 2-200 250,00.00 250,00.00 250.000.00 g12828L24 US TREASURY NOTE AA. Ann AAA 101102017 87312022 1.835 5.90.000o0 4,889,530.00 4,088,835,11 4581XOCZ9 INTER-AMERICAN DEV SK NR Aea AAA 911412017 01142022 1.803 5,00,00.00 4.809.820.00 4,988,45139 3361ORRF2 FIRST PREMIER BANK NR NR NR 9/152017 UISW22 200 250,00.00 250,000.0 250,000 GO 9128282009 US TREASURY NOTE AA+ Ana PAA 10/82017 9800022 1.930 5,00.000.00 4.885.04000 4,087,706.10 6W12ABX5 NCRTHFIELDBANK MR NR NR 10052017 10258022 2.283 250,00.00 250.000.00 249448,89 33706UCK3 FIRST STATE COMMUNfTY BK NR NR NR 10272017 1(272022 2,150 250,000.0 250,000.0 250,00.00 012826M49 U S TREASURY NOTE AA- Aae AAA 101312017 107312022 2037 5,00,00.0 4,863,085.00 4,03,668.45 3134GBUA5 FEDERAL)IOME LOAN MTG CORP AA- Ana AAA 12062017 121262022 2.440 5,00.00,00 4.931.510 DD 5,000,00.0 58733AET2 MERCANTIL BANK NA MR NR NR 12292017 12898022 2,650 250,000.00 250,000.00 250.00,00 S1747MF63 MORGAN STANLEY BANK NA NR NR NR 11112018 11112023 2.050 250,00000 250,000,00 25ROW.00 "Ettcatiw Duration:2.243 1.014 324,612,000.00 319,982,861-07 324,600,072.b1 eosin:UA.Biot aaMRMPMq e4eRmgaen rom IreR,urerP[c¢Gwacenem¢a+r,anm,avm -QrCF04e Po11¢¢arW,y+ rhea:Fr4ntl Aanatu'rlR'P1.v4a WVvaGm RwKn m2au[U ba VO GaaT+mtoR+p wa>v�¢tiW Ik4¢mb W Ben¢�¢e4.ds sefCkC nswW 5 Treasurer--Tax Collector Peggy Moak, Treasurer-Tax Collector : O a Treasury Division Butte urity 25 County Center Drive, Suite 125 T: 530.552.3730 e Oroville, California 95965-3384 I F: 530.538.7648 buttecontv.netLttc TREASURER-TAX COLLECTOR February 15, 2018 Butte County Board of Supervisors Butte County Chief Administrative Officer Investment Pool Oversight Committee The attached statements showing investment transactions for the month ending January 31, 2018 are submitted in accordance with Government Code, and with Local Agency Investment Guidelines as provided by the California Debt and Investment Advisory Commission. The Investment Policy effective July 1, 2017 includes a provision for monthly reporting of investment transactions to the Board of Supervisors. In addition to the above, Investment Reports are submitted on a monthly basis. Quarterly Investment Reports are also made available on the Treasurer-Tax Collector website at http://www.buftecounty.neVttc. If you have any questions regarding investment reporting, please feel free to contact me, or Lisa Lam, at 552-3731. Yours truly, IL Peggy Moak Butte County Treasurer-Tax Collector Monthly Investment Transaction Reporting Table of Contents Funds Under Management of Trustees • Wells Fargo Bank — 2004 Pension Obligation Bonds • Umpqua Bank - York Risk Services Group Local Agency Investment Fund • Butte County Treasurer • Butte Community College District • Paradise Unified School District • Oroville Union School District • Chico Unified School District • Butte County Office of Education CalTrust CAMP Five Star Bank US Bank Safekeeping Butte County Treasurer Monthly Investment Transaction Reporting Funds Under Management of Trustees Wells Fame Bank,Trustee 2004 Pension Obligation Bonds Transaction Activity Series A Series B Total Cash With Transaction&Month End Data XXXX1106 XXXX1109 XXXX1140 XXXX1141 XXXX1142 XXXX1143 XXXX1301 I XXXX1305 XXXX1307 Fiscal Agent 713112017 FalrVafue 0.33 2,663.48 11.57 14.52 5,202.06 0.00 25,083.53 318,585.52 80.61 351,641.62 Interest Eamed 0.70 0.01 0,01 2,15 3.38 236.45 0.06 242.76 Wire Transfer From Butte County 2,023,447.60 809,063.55 2,832,511.15 Transfer To XXXX1307 0.00 Transfer ToXXXX1361 (26,886.551 (26,886.55) Transfer To XXXX1140 0.00 Transfer To XXXX1141 0.00 Transfer To XXXX1142 UD Transfer To XXXXI143 0.00 Principal Paid to Bondholder 0.00 interest Paid to Bondholder (25078.66) (25.078,86) Transfer from XMI106 0.00 Transfer from XXXX1305 26,886.55 2606.55 8/3112017 Falr Value 2,023,447.93 2,664.18 11.58 74.53 5,204.21 0.00 26,894.60 1,100,998.97 80.67 3,159,316.67 interest Earned 1,457.64 0.73 0.01 0.01 2.30 1.89 810.62 0,00 2,273.26 Wire Transfer From Butte County 0.00 Transfer To XXXX1307 0.00 Transfer ToXXXX1301 (26,983.98) (26,963.98) Transfer To XXXX1140 0.00 Transfer To XXXX1141 0.00 Transfer To XXXX1142 0.00 Transfer To XXXX1143 0.00 Principal Paid to Bondholder 0.00 Interest Paid to Bondholder (26,886.551 (26,886.55) Transfer from XXXX1106 0.00 Transfer from XXXX1305 26.983.93 26.983.98 913012017 Fair Value 2,024,905.57 2,664.91 11.59 14.54 5,206.51 0.00 26,993.92 1,074,825.61 80.73 3,134,703.38 Interest Earned 1,434.75 5.19 D.01 0.01 2.32 2.55 778.14 0.06 2,223.03 Wire Transfer From Butte County 0.00 Transfer To XXXX1307 0.00 Transfer To XXXX1301 (26.063 32) (26.063.32) Transfer To XXXX1140 O.DO Transfer To XXXX1141 O.DO Transfer To XXXX1142 0.00 Transfer To XXXX1143 0.00 Principal Paid to Bondholder 0.00 Interest Paid to Bondholder (25,983.98) (26.983.98) Transfer Srom XXXX1106 0.00 Transfer from XXXX1305 26,063.32 28,063.32 1013112017 Fair Value 2,026,340.32 2,670.10 11.60 14.55 5,208.83 0.00 26,075.81 1,049,640.43 80.79 3,109,942.43 Interest Earned 1,519.13 0.76 0.01 0.01 2.51 1.92 905.10 0.05 2,329.50 Wire Transfer From Butte County 0.00 Transfer To XXXX1307 0.00 Transfer ToXXXX1301 (26,195,18) (26,195.18) Transfer To XXXX1140 0.00 Transfer ToXXXX1141 (626,709.24) (826,709.24) Transfer To XXXX1142 0,00 Transfer To XXXX1143 0.00 Principal Paid to Bondholder (26.075.81) (26.075.61) Interest Paid to Bondholder 0.00 Transfer from XXXX11DS 826,709.24 826,709.24 Transfer from XXXX1305 26,195.16 1 26,195.18 1113012017 Fair Value 1,207,150,21 2,670,86 11.61 626,723.80N5,21 0,00 26,197,10 1,024,150,35 80.85 3,086,196.12 Interest Earned 1,454.76 0.77 0.01 84.79 2.69 794.73 0.06 2.340.49 Wre Transfer From Butte County D.00 Transfer To>0=1307 0.00 Transfer ToXXXX1301 (30,091.70) (30,091.70} Transfer To XXXX1140 0,00 Transrer To XXXX1141 0.00 Transfer To XXXX1142 0.00 Transfer To XXXX1143 0.00 Principal Paid to Bondholder 0.00 Interest PaA to Bondholder {826,723.80) (26,197.10) (652,920.9D) Transfer from XXXX1106 0.00 Transfer from XXXX1305 30,091.70 30,091.70 1231112077 Fair Value 1,202,604.97 2,671.63 11.62 84.79 5,214.02 0.00 30,094.39 994,853.38 80.91 2,235,615.71 Interest Earned 1,069.57 5.93 0.01 0.08 3.52 2.83 908.73 0.07 1,990.74 Wire Transfer From Butte County 0.00 Transfer To XXXX1307 0,00 Transfer ToXM1301 (31,722.68) (31.722.88) Transfer To XXXX1140 O.OD Transfer To XXXX1141 ODD Transfer To XXXX1142 0.00 Transfer To XXXX1143 0.00 Principal Paid to Bondholder 0,00 Interest Paid to 8ondhofder (30.091.7p) (30.091.70) Transfer from XXXX1106 0.00 Transfer from XXXX1305 31,722.88 31,722.88 713112018 Fair Value 1,203,674.64 2,677.56 1 11.63 1 84.87 5,21764 0.00 31,728.40 964,039.23 80.98 2,207,574.75 jpu,( t)wruy F,,g,gmkS q� ",Zla,n,e C...;y Aj,k4i-a ,Office Butte County Treasurer Monthly Investment Transaction Reports Investments Under Management of Trustees York Risk Services Group, Claims Administrator Umpqua Bank WORKERS' COMPENSATION Account#XXXXX2601 Transaction Activity-Current Month Beginning Balance-1213112017 $ 177,765.36 Deposits/Additions 115118 $ 77,797.53 119/18 $ 40,020.00 1/10/18 $ 1,317.37 1110118 $ 34.05 1122118 $ 113,355.27 ACEI and Electronic Payments/Subtractions $ (47,089.26) Withdrawals/Subtractions Disbursements Checks Paid $ (192,890.21) Maintenance Fee 1122118 $ (98.96) Ending Balance- 1/31/2018 $ 170,211.15 Source: Umpqua Bank Statement LA1F Regular Monthly Statement Page 1 of 1 Local Agency Investment bund Y.O.Box 942809 Sacramento,CA 94209-0001 vvwvv.trcttsurcr.ca.�avl ymruary 011,2 1 (916)653-3001 February 01,2018 BUTIE COUNTY CHIEF D13PUTY TRCASURk:R 1'MIA Average MonthlyYields 25 COUNTY CENTER DRIVE OROVILLE,CA 95965-3384 Account Number: Trun'f,vpc I}elinilions January 2018 Statement Effective Transaction Tran Confirm Date Date Type Number Authorized Caller Amount 1/5/2018 1/5/2018 RW 1557697 COU"I"I'I WORSHAM -9,000,000.00 1/12/2018 1/11/2018 QRD 1560345 SYSTEM 37,419.42 1/18/2018 1/18/2018 RW 1560881 COL.ETTL•WORSHAM -3,000,000.00 1126/2018 1/26/2018 RD 1561468 COLETTE WORST IAM 5,000,000.00 1/31/2018 1/31/2418 RW 1561727 LORII:I DWARDS -9,000,000.00 Account Summary Total Deposit: 5,037,419.42 Beginning Balance: 26,035,880.01 Total Withdrawal: -21,000,000.00 Ending Balance: 10,073,299.43 https.//Iaifms.treasui-er.ca.gov/RegularStatenient.aspx 2/1/2018 LA1F Regular Monthly Statement Page 1 of 1 Local Agency btvcstment Fun(] 1W.Box 942809 Sacramento,CA 94209-0001 w►vw.trcasurer.ca. ovl mruaryfll,201 (916)653-3001 February 01,2018 t3U'CI'C:COMMUNITY COUEU",DISTRICT f3U'CJ'E COUNTY TREASURER I'MIA Ayo-age M011011Y Yield& 25 COUNTY CENTER DRIVE,SUITI' 125 OR0VIl.I.,1:,CA 95%5-3384 Account Number: llan'1'vnc 17c1initiu�is lauuary 2018 Statement Effective Transaetion Trnn Confirm Date Date Type Number Autborized Caller Amount 1/12/2018 1/11/2018 QRD 1558268 SYSTGM 153,009.84 1/19/2018 1/19/2018 RW 1560941 C0LIME WORSHAM -5,000,000.00 Account Summary Total Deposit; 153,009.84 Beginning Balance: 56,734,745.12 Total Withdrawal: -5,000,000,00 Ending Balance: 51,887,754.96 https://Iaifms.treasurer.ca.gov/RegularStatement.aspx 2/1/2018 LAIF Regular Monthly Statement Page 1 of 1 Local Agency Investment Fund 11.O.Box 942809 www.treasurer.eii,Llovi[iiiiia-iiiif/laif as Sacramento,CA 94209-0001 I:ebruary 01,2018 (916)653-3001 PARADISE UNIFIED SCHOOL DISTRICT BUTTE COUNTY TREASURER I'MIA Average Monthly Yields 25 COUNTY CENTER DRIVE,SUI'f1i 125 OROVILLE„CA 95965 Account Number: 'Fran'llpc Dct'iniliuns January 2018 Slalemew Effective Transaction Iran Confirm Date Dale .I.YPe Number Authorized Callcr Amount 1/12/2018 1/11/2018 QRD 1558269 SYSTF-.M 23,559.84 Account Summar Towl Deposit: 23,559.84 Beginning Balance: 14,737,706.85 Total Withdrawal: 0.00 Ending Balance: 14,761,266.69 https:Hlaifms.treasurer.ca.gov/Regulai-Statement.aspx 2111201$ LAIF Regular Monthly Statement Page 1 of I Dotal Agency Investment Fund P.O.Box 942809 www.Ercasurcr.cx.t nvllrmia-laifllai#. It Sacramento,CA 94209-0001 February 01,2018 (916)653-3001 OROVILLE UNION HIGH SCI-1001,DISTRICT BUTTE COUNTY TRLASURI R PMIA Average Monthly Yields 25 COUN'T'Y CENTER DRIVE,SU['IT, 125 OROVILLE,CA 95965-3384 Account Number: I'ran'I' )c Iclinilimis January 2018 Slater-mit Effective "Transaction gran Confirm Date Date TYpe Number Authorized Caller Amount 1/12/2018 1/11/2018 QRD 1558270 SYSTEM 23,446.81 Account Summary Total Deposit: 23,446.81 Beginning Balance: 15,629,706.77 Total Withdrawal: 0.00 Ending Balance: 15,653,153.58 littps://laifms.treasul•er.ca.gov/ItegularStatement.aspx 2/1/2018 LAiF Regular Monthly Statement Wage 1 of 1 Local Agency Investment Fund 11.0.!lox 942809 aso Sacramento,CA 94209-0001 www.treasurer.cn.lov/3mruaryfli,201 (916)653-3001 February O1,2018 CHICO UNIFIED SCHOOL.DISTRICT BU'I-I'E COUNTY TREASURER PMIA Average Monthly Yields 25 COUNTY CENTER DRIVES,SOITE 125 OROVII.E.E,CA 95965-3384 Account Number: Tran Tyra:Definitiwas January 2018 Statement Effective Transacdon Tran Confirm Date Date 'Type Number Authorized Caller Amount 1/12/2019 1/11/2018 QRD 1558272 SYSTEM 150,340.76 1/17/2018 1/17/2018 RW 1560731 COLA ITE WORSHAM -3,500,000.00 1/24/2019 1/2412018 RW 1561188 I,ISA I.AM -2,000,000.00 Account Summary Total Deposit: 150,340.76 Beginning Balance: 57,769,833.16 Total Withdrawal: -5,500,000.00 Ending Balance: 52,420,173.92 https://laifrns.treasurer.ca.gov/RegularStatement.aspx 2/1/2018 LAIF Regular Monthly Statement Page 1 of 1 Local Agency Investment Fund P.O.Box 942809 wtvfv.treasurcr.cx,foul mita-hrifllaif.as Sacramento,CA 9.4209-0001 February 01,2018 (916)653-3001 BUTI'r COUNTY OFFICE OF 1,DUCATION !3U'IT6 COUNTY TREASURE"•R PM1A Avera Lc Monthl•Yields 25 COUNTY c NTGR DRIVE,5UITk 125 OROVILl.E,CA 95965-3384 Account Number: TranType Definitions January 2018 Statement Effective Transaetion Tran Confirm Date Date 'I,YPe Nurnber Authorized Caller Amount 1/1212018 1/11/2018 QRD 1558273 SYSTEM 24,775.15 Account Summary Total Deposit, 24,775.15 Beginning Balance: 16,615,730.26 Total Withdrawal: 0.00 Ending Balance: 16,640,505.41 https:Hlaifms.treasurer.ca.gov/Regulat-Statemeiit.aspx 2/1/2018 CalTRUST Gemini Fund Services LLC PO Box 541150 Investment Account Summary P 01 Omaha, NE 68154-9150 01/01/2018 through 01/31/2098 CaITRUST www.caltrust.org Email: CalTRUSTSupport@thegeminicompanies.com Fax: 402-963-9094 Phone: 833-CALTRUST(225-8787) SUMMARY OF INVESTMENTS Account Total Shares Net Asset Value Value on Average Cost Cumulative Fund Number Owned per Share on Jan 31($) Amount($) Unrealized Jan 31 ($) Gainl(Loss} COUNTY OF BUTTE CalTRUST Short Term Fund 461.479 10.01 4,619.40 4,623.89 (4.49) Portfolios Total value as of 01/31/2018 4,619.40 DETAIL OF TRANSACTION ACTIVITY Activity Activity Amount Amount Balance Price per Average Realized Description Date ($} in Shares in Shares Share{$) Balance($) Cost Amt($) Gain/(Loss)($) GaITRUST;Short Term Fund;.; COUNTY OF BUTTE_ .. .. .. .. Aecount,Nu)nherc-' Beginning Balance 01/0112018 460.869 10.01 4,613.50 Accrual Income Div Reinvestment 01/3112016 5.91 0.590 461.479 10.01 4,619.40 0.00 0.00 Closing Balance as of Jan 31 461.479 10.01 4,619.40 Please note that this information should not be construed as tax advice and it is recommended that you consult with a tax professional regarding your account. 0000014.0000015 POFT 682584 Page i of t *� o ^ Lei cm F TI 00 x:i4i:r L M R E N C V V► c o a w o CO N N r G rl n Ln 10 N M +, 7 O O a,c A 41. L lisp 2 0 O.O O C CC..11 a � E a IC un ko000 %D 1/1 n o 0 0 o pp o C E koooko o Ln la co ko N Ln 'c o Q L C4 4 C {r1 rV4 � cn � a .S Eb a, °�,' am vrn Au" E � rn e F- a w m o LL w c 0- Z) u � � 13 Ln d Ti N N A N rn p w Ln I a M ? H M M Ct o M C in C o a w i 4 L G OLNPF U a C L LE_ Q Cull M M lCi V N ON N L1 O ^i ` y O G � o v _d m m C R - E t� 3 n o 0 0 o O 1 0 0 tD LA M p M C n b 4 0 pp O i n •` C co l0 ui UD Ln to Q N O P'1 E N O �O o N H � r-i « � J F �Z Ve= y aoI Ep N ,y,,� E N W U U E,..+p 01 f0 O 7T U Vr c 'O c41 cc v e c m o0 l0 Q V1 m m y ea t7 H V 0 H G m ? 0 C CD D Q N (] c c m YU c CD G 47 i G d o H m; a aa' � v U a FIVE STAR BAlelK County of Butte Date 1/31/18 Paw," 25 County Center Drive, Suite 125 Account Number Oroville CA 95965-3384 Enclosures Use Five Star Bank's mobile banking app on your smart device to check your balance or transaction history,deposit checks,activate your debit card,and more! Call(916)626-5012 to enroll. public Funds MMA Number of Enclosures 0 Account Number statement Dates 1/01/18 thru 1/31/18 Previous Balance 5,03 Days in the statement period 31 Deposits/Credits .00 Average Ledger 5,037,299 checks/Debits .00 Average collected 5,037,299 Electronic DR .00 5,220.16 service Charge .00 Interest Earned Enelene Balancce 5,042:519.77 2018S 220,16ainteresttPaedYie1d Earned5 220.16% 1/31 INTEREST PAID 31 DAYS 5,220.16 1 01 5,037,299.61 1 31 5,042,519.77 -76 12/31 1.17% 1/10 1.24% r ao � (°n' o � On iO 0 0 3aoa0) �(iti N t4 N (0 — > D> CO 1 ll�cc O (a T" z O Ze d � (O0 ��O L L d r a � � LU E 0 O N w Lu Qz U) to O- OO CN ) C7 CL LU req p 0000 a~-- CD C� (� 00o N n `p N (6 a- _ Om n � W LU U- ^ U T a CV h 'W O cz) rorn m rn a e,.. CL yttV•, N � 4 U) " (D R LY O2,5:,5 p c U) U 7 U O @ 0) ccA¢¢=U 6 0 . 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