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HomeMy WebLinkAboutInvestment Report and Transaction Reporting for July 31, 2017 (2) Menchaca,, Clarissa From: Worsham, Colette Sent: Tuesday, August 15, 2017 11:39 AM To: Liu, Annie; Snyder, Ashley; Gullickson, Caroll; Christy Patterson, Butte County Schools JPA;Worsham, Colette; Houser, David; Heather Naylor, Gridley Unified School District; Cook, Holly; Beene, Dana; Bruffett,Jim; Kevin Bulterna, Chico Unified School District; Honea, Kory; Lisa Anderson, TOC Member(BCOE rep); Lam, Lisa; Sandoval, Maritza; Jessee, Meegan; Menchaca, Clarissa; Mia Osborne-Ng, Executive Assistant to the Butte County Superintendent of Schools; Ramsey, Mike; Moak, Peggy; Bennett, Robin; Hubbard, Sheryl; Connelly, Bill; Kirk, Maureen; Lambert, Steve; Teeter, Doug;Wahl, Larry; Peterson, Susan; Susan Watts, TOC Member(OUHSD rep);Tim Taylor, Butte County Superintendent of Schools; William (Jim) Nicholas, Director of Business Services Subject: Investment Report and Transaction Reporting for July 31, 2017 Attachments, Investment Report July 31, 2017,pdf;Transaction Reporting July 31, 2017.pdf Greetings! The Treasurer's Investment Report for the month ending July 31, 2017 is attached,for your reference. Additionally,the information provided in the attached "Transaction Reporting July 31, 2017" consists of spreadsheets and statements detailing transaction activity for the month. If you have any questions or concerns, please feel free to contact Peggy Moak or Lisa Lam at 538-7576. Best regards, C olewe"Worsham Supervisor, Banking and Cash Management, Treasury Division Butte County Treasurer-TaxCollector 25 County Center Drive, Suite 125, Oroville, CA 95965 T- 530538.6264 1 F 530,538.7648 Twitter I Facebook I You"Tube � Pinterest x- Treasurer-Tax Collector Peggy Moak, Treasurer-Tax Collector Treasury Division �Butte 25 County Center Drive, Suite 125 T: 530.538.7576 Oroville,California 95965-3384 ( F:530.538.7648 I buttecounty.net/ttc TREASURER-TAX COLLECTOR August 15, 2017 Butte County Board of Supervisors Butte County Chief Administrative Officer Investment Pool Oversight Committee The attached investment report for July 31, 2017 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 14115 and FY 15116 performance compared to LAIF shows margins of 1.092% and 0.865%, 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 lower than 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•netlttc. Respectfully, -40, 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 Liu,Annie—Butte County Manager,Gout.Accounting Butte County Superintendent of Schools Beene,Dana—Butte County Internal Auditor r , vp Butte County IREASVRER-U%CO¢ECTCR i BUTTE COUNTY TREASURER'S INVESTMENT REPORT July 31,2017 YIELD TO WEIGHTEDAVERAGE ACTIVELY MANAGED PORTFOLIO: MATURITY MATURITY(DAYS)' PAR VALUE FAIR VALUE COSTCARRIED LOCAL AGENCY INVESTMENT FUND(LAI FI 1.051% 1 37,590,443.56 37,590,443.56 37,590,443.56 CALTRUST SHORT TERM 1.117% 1 4,589.57 4,589.57 4,586.27 CAMP SHORT TERM 1.120% 1 40,231,241.23 40,231,241.23 40,231,241.23 BANK MONEY MARKET(COLLATERALIZED) 0.970% 1 5,009,965.33 5,009,965.33 5,009,966.33 U.S.TREASURY NOTES" 1.622% 1,427 19,000,000.00 19,011,524.00 19,039,217.27 MUNICIPAL BONDS" 1.777% 1,062 38,760,000.00 38,731,617.00 38,916,051.68 CORPORATE NOTES- 1.540% 694 38,202,000.00 38,388,930.75 38,514,490.90 NEGOTIABLE CDS" 1.807% 1,172 7,500,000.00 7,503,339.99 7,497,391.68 FEDERAL AGENCY f SUPRANATIONAL NOTES" 1.395% 840 201,115,000.00 200,321,303.01 200,892,555.72 TOTAL ACTIVELY MANAGED PORTFOLIO: 1.400% 704 387,413,239.69 386,792,954.44 387,696,342.64 INVESTMENT OF NOTE/BOND PROCEEDS AND OPERATING CASH SCHOOL BOND PROCEEDS(oe page 21 demd:) 85,012,370.09 85,012,370.09 85,012,370,09 OPERATING ACCOUNTS U.S.BANK CHECKING ACCOUNT DEPOSI'T'S 15,269,719.97 15,209,719.97 15,209,719.97 OPERATING CASH 31,356.73 31,356,73 31,356.73 OTHER 0.00 0.00 0.00 TOTAL TREASURER'S FUND LEDGER BALANCE: 487,666,686.48 487,046,401.23 487,949,789.43 INVESTMENTS UNDER MANAGEMENT OF TRUSTEES SaaeyoyR7rordMalRS 571,589.64 571,589.64 563,367.76 PAR VALUE FAIR VALUE COST CARRIED TOTAL CASH AND INVESTMENTS: 488,238,276.12 487,617,990.87 488,513,157.19 Sax MONTH LIQUIDITY PROJECTIONS Estimated Cash Receipts for Next Six Months 516,592,370 Estimated Disbursements for Next Six Months -484,928,333 Estimated Net Cash Flow for Next Six Months— 31,664,037(A1) Prudent Reserve -30,000,000(A2) Securities Maturing 32,265,000(B) Local Agency Investment Fund 1 Cal Trust 1 MMF/CAMP 82,836,235(C) Total Liquidity for Next Six Months 116,765,272(A1+A2+B+C) Estimated Cash Available for Lang Term Investment -30,000,000 Remaining Available Liquidity 86,765,272 Total Par Value of actively managed Investments maturing in less than 12 months: 165,601,240 Total Par Value of actively managed investments maturing in more than 12 months: 221,812,000 Actual Weighted Average Maturity will 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. See page 5 for detailed list of investments. "' Includes TRAM(Tax and Revenue Anticipation Notes)receipts and disbursements,if applicable. 1 BUTTE COUNTY TREASURER'S INVESTMENT REPORT INVESTMENT OF SCHOOL BOND PROCEEDS July 31,2017 INVESTMENT MATURITY ANNUAL PAR FAIR COST SONDINOTE DESCRIPTION TYPE DATE DESCRIPTION YIELD' VALUE VALUE CARRIED BONDS-LOCAL AGENCY INVESTMENT FUND(LAIF) Butte-Glenn CCD 2016 GO Bond Series A LAW 1.4511.6 41,389,790.35 41,389,790.35 41,389,790.35 Chico Unified 2012 GO Bond Measure E Series LAIF 1.051% 1,957,380.59 1,957,360.59 1,957,380.59 Chico Unified 2016 GO Bond Series LAIF 1.051% 41,665,199.15 41,665,199.15 41,665,199.15 PAR FAIR COST VALUE VALUE CARRIED GRAND TOTAL 85,012,370.09 85,012,370,09 85,012,370.09 Yields quoted above are o anapshOt per investment type.Actual yields...ad ua schoal hm its are caiwleled by the Treasurers office end ere a composite Of inveelment eamino lose Tteasmy cosm. 2 BUTTE COUNTY TREASURER'S INVESTMENT REPORT DEPOSITS AND INVESTMENTS UNDER MANAGEMENT OF TRUSTEESIFISCAL AGENTS July 31,2017 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 Bond Fund#XXXX1106 Money Market WF GOVT MMF#1751 0.087% 0.33 0.33 0.33 Int.Rate Stabilization Fund#XXXX1109 Money Market WF GOVT MMF#1751 0.087% 1,011.57 1,011.57 1,011.57 Pooled Agency Funds Local Agency lnveslmenlFund 1.051% 1,651.91 1,651.91 1,651.91 Principal Account Fund#XXXX1140 Cash Cash 0.000% 11.57 11.57 11.57 interest Account Fund#XXXX1141 Cash Cash 0.000% 14.52 14.52 14.52 Surplus Account Fund#XXXX1 142 Cash Cash 0.000% 5,202.06 5,202.06 5,202.06 Sinking Account Fund#XXXX1143 Cash Cash 0.000% 0.00 0.00 0.00 Series B Interest Fund#XXXX1301 Money Market WF GOVT MMF 91751 0.087% 25,083,53 25,083.53 25,083.53 Series B Bond Fund#XXXX1305 Money Markel WF GOVT MMF#1751 0.087% 318,585.52 318,585.52 318,585.52 Series B Interest Fund#XXXXI3W Money Markel WF GOVT MMF#1751 0.087°/ 80.61 80.61 80.61 SUBTOTAL 351,641.62 361,641.62 351,641.62 DEPOSITS WITH FISCAL AGENTS Discovery Benefits Plan Year Cash Balance 1101116-12131116' NA 38,221.88 38,221.88 -30,000.00 York Risk Services Group-Claim Administrators Umpqua Bank#XXXXX2601 Commercial Bank Business Checking NA 181,726.14 181,726.14 181,726.14 SUBTOTAL 219,948.02 219,948.02 211,726.14 PAR FAIR COST VALUE VALUE CARRIED GRAND TOTAL 571,689.64 571,589.64 563,367.76 Represents the most current data available(source:Auditor-Controiler) •'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" July 31,2017 INVESTMENTS BY TYPE' INVESTMENTS BY MATURITY&YIELD* Local Agency Investment PundiCalTnrsUMMF!CAMP LAIF/CTIMMF/CAMP $ 82,836,240 Federal Home Loan Bank FHLB $ 40,200,000 LAIFICALTRUST/MMFICAMP(1 day) 1.080% $ 82,836,240 Federal Home Loan Mortgage Corp FHLMC $ 13,000,000 01-12 months 1.039% $ 82,765,000 Federal National Mortgage Assn FNMA $ 25,000,000 13-36 months 1.667% $ 105,472,000 Federal Farm Credit Bank FFCB $ 38,000,000 37-50 months 1.642% $ 116,340,000 Federal Agricultural Mortgage Corp FAMCA $ 34,265,000 TOTAL PAR VALUE $ 387,413,240 Corporate Notes CORP $ 38,202,000 U.S.Treasury Notes UST $ 19,000,000 'Investments managed by Trustees&School Bond Proceeds not Included. Tennessee Valley Authority TVA $ 5,000,000 Supranational SUPRA $ 45,650,000 Final maturity dales are used:probable Call dates are not considered, Certificates of Deposit(Collstoralixed/Nognllable) CDS $ 7,500,000 Amouniscluoted at Par Value. MunWEpal Bends MUNI $ 38,760,000 $ 387,413,240 10% 2% 12% 1-A 1O-A a> •LAIF/Cf/MMF/CAMP•FHLB •FHLMC •FNMA •LAIF/CALTRUST/MMF/CAMP(i day) • 01-12 months •FFCB FAMCA •CORP •VST 13-36 months TVA •SUPRA •CDs •MUNI •37-60 months Butte County Pooled Treasury Portfolio Balance" Net of Tax and Revenue Anticipation Notes(TRAN)and Bond Proceeds $500,000,000 $475,000,000 —"2017 $450,000,000 ••iiFx016 -.b—xols $425,000,000 —0--200 $400,000,000 �2e1.3 —8-2012 $375,000,000 2 $350,QOD,000 �xolo •----xwv $325,000,000xooe $300,000,000 $275,000,000 $250,000,000 JAN FEB MAA APR MAY JUN JUL AUG SEP OCT NOV DEC •• This chart does not include deposits from TRAN,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 July 31,2017 Cl46NRa6n9 PUMuea M41ur8y YkId. S�rBvuOulkil S P MolxNI" E= 21k O-ft MaNr11v IY.1 FIaF I,V.),,. Coal Cauktl' ]0 31 =, FEDERAL HOME LOAN BANK M• Aa4 NR 121318014 91128417 1,070 5,000,00000 4,999,70500 4,999958,75 31MEEOX1 FEDERAL FARM CREDIT BANK M• A44 AM 2425'7015 9858017 1,000 7000.00000 2.999,84900 3,000.00000 313381820 FEDERAL HOME LOAH 6ANx M• Au MR 1X192012 1788017 0857 5,000,00000 4,891,32000 4,988154.76 3133ECB45 FECERALFARM CREDIT BANK 004 Au AAA 12,26,2012 1217&2017 0,910 TODOOOM00 9,0".750.00 9.989,597.22 31315PTSB FANNER MAC NR NR NR 1,11,2013 12/278017 0903 4265.00000 4162.812.06 4,284,947.70 3137EADNS FNLMC.75 DIHB M. Au AM 1!147013 1/12/7018 0.810 5,00000000 4,900,500.00 4.936282.66 3135GOUE1 FEDERAL NATL MORTGAGE ASSN M• Ape AAA 2,148013 2/142019 1.000 10,000,000.M 9,981,170.00 10.00o900.00 1812LSZ2 JP MORGAN CHASE BANK NA MR HR NR 2126.1013 21701018 1,175 250,00000 350,021.07 250,000.00 31315MM4 FARMER MAC MR NR HR 388013 382018 0,940 f0,000,000.00 9,991,160.00 8,989,988.05 31315P125 FARMER MAC HR NR NR 51152013 392018 0,976 500D DODO 498991500 4.993 920 14 048520025 NEW YORK LIFE GLOBAL FUG M• Au AAA 4272015 4272018 1230 5,900,008,00 1,99271090 5,00;,530.85 02006LQN6 ALLY8ANx NR NR NR 42,302015 V 018 1.150 750,000.00 248,822.22 250,00000 3IMECNY6 FEDERAL FARM CREDIT BANK M• Aan AAA 552013 • 016 O,B86 5,000.000.00 4.987,360.00 -.9W 653.47 3134G45YJ4 FEDERAL HOME LOAN VITO CORP Mt Au AM 511&7013 5892018 1.000 S.M.ow Do 4,989,13520 S.000000.00 InMRAU6 CISCOSYSTEMS INC M- At NR 1i 11212015 6'152018 1.365 S00000O.Do 5,008,15020 5.012,14BA1 09236TCPB TOYOTA MOTOR CREDIT CORP M. Aa3 A &182015 711MOIS 1.500 5000,000.00 5$107,345.00 4,997,675.07 38147J3E0 GOLDMAN SACHS BANK USA MRHR NR &772014 51712015 1.550 250,000,00 255,252.50 250,000.00 02581 AMERICAN EXPRESS SK FSB NR NR NR 80&2014 8868016 LOOD 250,000.00 251252" 2.50,000.00 AVII INTL 8K RECON Is DEVELOP AAA Av AAA 12152016 1652018 1.281 2,500.000.00 2,486,097.:0 2.497,415.A5 880591EQ1 TENN VALLEY AUTHORITY M• A- AAA 7282017 16/52019 1.01 5,000,OOO.DO 51 5,023,DOn 79845ORM9 SALLIE MAE BANWALT LKE MR NR NR t1257413 11202016 2050 250,000.00 252,099.50 250200.00 6Bela4WJ7 ORIENTAL BANK NR HR NR 121152015 12,178016 1,750 250.000.00 250.800.50 250,000.00 892367Sw TOYOTA MOTOR CREDRCCRP M- w A 9'187015 1,172019 1.875 S.00DDOO.LV 5,07,195.00 5.015 07.03 037613802 APPLEINC M• Aal HR 1117/7017 21272019 1.450 1,540,000.00 1,545,390.00 1,545881.88 6SOD35KOO NEW YORKST URBAN DEVCORP REV AAA Aal M. 12/182014 31157019 1.980 5,ODD,00D.00 5,000,00000 5,000,745.78 13083CKL3 CAUFCR NIA ST M U NLTD TX 6L M. Ae3 M- 111247014 518019 1.900 3,000,00000 3,073,070.00 3917,527.10 3133EFUM FEOEML FAR M CR EDIT BANK M+ AM AAA 21238418 5257016 1.388 5,000,00000 4,98197000 4,998,606.84 594R16ADS MICROSOFTCORP AAA Aaa M• 6288015 6,12019 1.560 2,500,00000 2.07016500 2916,185.91 914120902 UNIVCF CAU FORNIACA REV UHL M Aa2 M 8242015 7!18019 1,094 5.000,000.00 5,009,550.00 5,008,029.20 11315PM71 FEDERALAGRICMTGTAHP NR NR NR 71172014 71178019 1913 5.000000.00 5.014 026.00 4,867,253.61 45005aEV1 i NTL INK R ECON a DEVELOP AAA Aaa AAA 1292056 7861019 1.382 5,000,000.00 4.915 M.00 4,86627494 31315"D1 FARMER MAC NR NR NR 8251014 &138019 1.765 S.ODo OUBM 4.996,175.00 4.083.756.95 65=X=(3 ORACLE CORP M- Al A• 16F8059 10582019 1.845 4,167,00DOG 4,217,075.75 4,191 450MUZJB INTL BK RECON A DEVELOP MR ANl NR 12128016 16757019 1.573 5,000,000.00 4,957,730 D0 4,970,322.15 3133EEOND FEOEML FAR M OR EDW RANK M• Au AAA 111121X14 t114217019 1.600 5,000,000.00 5,027,51000 5000,000.00 986Y74AW3 WHRNEYBANWNS NR NR NR 1852057 1878020 1.700 250,000.00 250,97975 2`2,000.00 025�70XE3 AM E R ICAN EXPR C E NTORION NH NR NR 1808015 1002020 1.950 250,000.00 252,91450 256000.00 MWOEM0 TEXAS ST TECH uHIV REV M• Aes M• llwa15 2/152020 1.790 2570000,00 2.567.193.30 256991299 9128281&1 U5THEASUMY MOTE M• Pao AM 498015 3G12020 1x30 5,000,000.00 4.900.430.00 5,005.746.10 130630SO4 CALIFORNIA ST GO UN LTD UHL M- Aa3 M. A,2S7015 WIF020 166 5,000,000.00 4.970.20000 5,015.27265 7127MM52 PEOPLES U N MEG BANK NA NR MR HR 4152015 41458010 7600 2%ollow 253,06925 250.000.0 31=HF7 FE DEML NATL MORTGAGE ASS N M+ Au AAA 5197615 5,192020 1,800 5.000000.00 4.935.43000 5,00.00.00 91201 USTREASURYMOTE M• AAA AM dll is 5312020 1,SOO 4,000.000.00 4,001,564.00 3,999,646.09 140420RXO CAPMAL ONE MNK USA NA NR NR NR 6.102015 5107020 2.0M 25000020 252,43400 349,285.71 313301 FE DE RAL HOME LOAN MN H M• Au NR 6FlX15 5/17/2020 1.780 5,000,00000 5,810,&55.00 4,111 1,00 3133B3HUa FEDERAL HOME LOAN BANK M• Au NR 7!707015 51X1D2D 1000 5,000.000.00 5,020658.00 4,890,305.53 3133 !H1 FHLS1.375 ONO M• Au NR 7832015 &1X2020 1.785 5,200,000.00 5,1T3,552M 5,140,357.22 6821172(1 TEXAS ST AaM umm AEv AAA A. AAA 8102015 7118020 1,961 3,000,000.00 2,981.21000 29@7281.31 ,MMFMo IML BK RECON&DEVELOP AAA Au AAA 8.232018 &102020 1140 5,000.000.00 4915.120.00 097.746.74 OSS6011CW2 BMWSANKNOHTHAMER] NR NR HR 9'162015 91198020 22M 250.000 00 26066 ED 250,00000 =GAMR4 COMENRYCAPITALEANK NR HR NR 9712015 9218020 2150 250000.00 254.660.00 2SO.000Uo 313GG1H28 FANNIE MAE M. Au AAA 2132017 9288010 1,877 6.00o.000.00 5.005,310.00 5.003256.56 251672VT2 DISCOVER MNK NR HR HR IMIM15 16712810 2200. 250,00000 254,148,75 2`2,00000 14042RBL4 CAPWALONENA NR NR NR 111138055 1X382870 2271 25,200000 254,57350 319,795.09 591816aw MICR450FTCCHP AAA Aeu M• 57X7015 11f38o20 1,382 5,000,00000 5,038}8000 5,098,811,88 9/oGI WELLS FARGOSANK NA MR NR NR 12/57015 12mo20 1500 2`2,00000 252,2m So 750,00000 2R266I ENERSANK USA MR HR NR 1268018 18.2021 5,9M 250,00000 2`2,51825 749,58329 3130A7CV5 FEDERAL HOME LOAN BANK M• An NR VTQGIG 2/188071 1315 $900,00000 -.058290 00 591024003 45111X0055 INTER-AMERICAN REVEL BK AAA Aaa AM 11,152019 31151011 1,574 5,000.00000 5.OD5.0a5.00 5,052.452.56 1306NGP67 CALIFORNIA ST DO UNI M- Aa3 M. 0/132016 40=1 1,430 5,000.00000 4944.600.00 5,012.29601 313405Y29 FREDDE MAC M• NR AM !87016 412SQ021 1.328 3,0000.00 2,91 Do 2.996,642.50 459055FOO I NTL BK RECON a OEV STE PAIP NRNR NR 42&7018 412W 1 3.250 3,Ooo,0o000 2,988,900.00 3.000,000.00 13B83SAC2 CALOWE LL BK S TR UST CO NR NR NH 5112016 5132025 t.400 250000,00 248,192.50 250,000.00 01112GF59 UNIV OFCALIFONNIA CA REV TXSL M Aa2 M &SWIG 51152021 1,417 5,000,000.00 4,970,700.00 S,001,i7279 459051 1NTL RK RECON&DEVELOP MA A4e AAA &132018 5248024 1,412 5000,000.00 4.9041,72000 4,993,177,40 31MG3MV4 FEDERAL NATLMORTGAGE AS6N M• 0.850 AAA 5152018 5152021 1375 5,000900.00 A,90Iw S,aoIDO 27113 BED EAST BOSTON SAVINGS BANK NR NR NR 88X018 4=021 1`20 250,000.00 745,73900 2'2,WO.00 3133EGKA2 FEDERAL FARM CHECK BANK M• Am AM 7B7ale 707021 1.500 5,000,000,00 4929.270 DO 6.000.000 00 312CA5055 FEDERAL HOME LOAN MNK Ma / NR 7112018 71147021 1201 5,000,000.Do 4,666.520.00 4.985.453.78 551838452 ME DALLION MN K UTAH NR NR NR 788/1016 7887021 1,400 250,000.00 2".640.03 150.000 00 BMIMON7 THIRD FED SAV6LH CLEVLHO MR HR NR 7882o17 7262821 2.000 750,000.00 2waxt 0 250,000.00 95950NJN8 WESTERN STATE BANK MR NR NR 72B2o1M 7892071 1.400 2So,o00.00 2",605.50 2E 000.Do 594DISOPS MICRCSOFTCORP AAA Aa1 Ma 611&2018 587021 1.541 5000,000.00 4,923,32000 5,001 Ba 74287GVM8 PRIVATEBANK&TRUSTCO NR HR NR •00'1018 8702021 1500 2`2,000.00 2",581.00 250,000.00 MS730BR8 6ENEFFI BANK NR NR NR 91182018 9'132021 1,500 2`2,000.00 7",500.50 250900.00 455058FP3 INTL MK RECCN a DEVELOP AAA Aaa MA 51192017 8292021 19,49 5150,000,00 5,036.713,65 5.043.301.37 87165FNCA SYCHRMYSANK NR NR NR 16212018 16g11X21 I'M 256000,00 243,95625 250,000,00 313a1 P4 FEDERAL HOME LOAN BANK M• qae HR 11/737016 11,237011 1,700 5,00600800 4,952.93500 6.000.000 00 45O051.1C20. 1 HTL BK R ECON a OCVE LOP MR NR NR 121187016 12882821 2.060 5,D0o,00o.0o 4,965,'20.00 5,OW900.Do 084W1GS6 SERKSHIRE OWPITSFIELD NR NR NR 12,Nmis 121]08021 2.200 250.000.00 251,585.50 200,o00.00 45905BFY4 I HTL BK R ECONA OEVELOP NR Aae AAA 31167017 1862022 2,165 5,000,000,00 5,013,17000 4,865,005.27 3433EHAK9 FEDERAL FARM CREOW RANK M+ 100 AAA =017 X232072 2.000 5006000,00 SM2,995.00 5000,00000 910727AN3 WASHINGTCNFIRST BANKSHAR NR NR NR 212MO17 24252022 2,050 250,000.00 2.290000 2`2,000,00 2561 DOLLAR SANK FSB PA NR NR NR WV2017 182022 2050 2`2,000.00 250.00000 R50A00,M 574t93NCS MARYLAND 5700 uNLT AM A- AM 3222017 5158812 27`2 5,196000.M 5243.093-70 5,160,00000 988788080 ZBM NR NR HR 4732017 &lam 21D2 250,00.00 20.818.95 248.678,95 3132AUsKS FARMER MAC HR NRNR 2,',82017 5'57072 1,875 5,000.00000 5,003.09090 6.000. 00 58740X289 MERCANTILE MHKOF MI NR NR MR 5102017 5'102822 '100 250900.00 250,000.00 250.000.00 912B2aKW5 USTREASURYNOTE M. 241 AM 7212017 62028" LSID SD0O,000,Do 4,981,44500 4,986023.20 0074OKKDB MARCLAYSMNMELAWARF MR NR NR 71128017 71IMM 2.22 250,000 Do 250,000.00 2`2,000,00 91202BX08 U$TREASURY NOTE AM 7012017 7/3112022 1.833 5,000,03.00 S,M6,08500 5,642,18440 "Effective Duration:2.222 1.486 304,577,000.00 303,956,714.75 304,792,351.03 S9urca:US.B4nh SeleAeagbV OwldE Porfffhem Ymew Ye WNCertiue Lua Io ecerelM nn61a6vaHalLii. -BaWEtlpe Pa1f41oAnAyeie Na W:F454mI AyrlelduN Matpapa Carpomlion e.aaroae era dN-IFYeU.S-Ga4++ww4 i9lAGy4M OIa Iw•ralcd, NepNnde COe w Irl rYM,2,u!am FDIC.MurcE_ 5 Treasurer Tax Collector Peggy Moak, Treasurer-Tax Collector Treasury Division 25 County Center Drive, Suite 125 T: 530.538.7576 Butte County Oroville, California 95965-3384 I F: 530.538.7648 buttecounty.net/ttc TREASURER-TAX COLLECTOR August 15, 2017 Butte County Board of Supervisors Butte County Chief Administrative Officer Investment Pool Oversight Committee The attached statements showing investment transactions for the month ending July 31, 2017 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 hftp://www.buftecounty.net/tt . If you have any questions regarding investment reporting, please feel free to contact me, or Lisa Lam, at 538-7539. Yours truly, 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 Far-go Bank,Trustee 2004 Pension Obligation Bonds Transaction Activity Series A Bader B Total Cash Mth Transaction b Month End Data XXXXilo6 XXXXII09 XXXXI140 XXXX7141 XXXX1142 XXXX1143 XXXX7301 XXXX1305 I XXXX1307 Fiscal Agent 11311201T Fair Value 1,117,209.07 2,663.78 11.64 5.62 62423 0.00 17,981.66 903,375.20 18.99 2,041,879.99 Interest Earned374.62 0.34 0,02 1.75 307.55 0.01 684.29 Wire Transfer From Butte County 0,00 Transfer To X100(1307 0.00 Transfer To XXXX1301 (17.503.85) (17.503.65) Transfer To XXXX1140 0.00 Transfer To XXXX1141 0.00 Transfer To XXXXI142 0.80 Principal Paid to Bondholder 0.00 Interest Paid to aondholder (17,981.56) (17,961.56) Transfer from XXXX7105 0.00 Transfer from XXXX1305 17,503.85 17,503,85 212812017 Falr Value 1.117,Sa3.09 2,6".12 11.54 6.82 024.25 0.00 17,606.60 886,178.90 19.00 2,024,682.72 Interest Earned 356.56 0.32 0.02 1.41 266.91 0.01 64523 Wire Transfer From Butte County 0.00 Transfer To XXXX7307 0.00 Transfer To XXXX1301 (20,715.01) (20.715.01) Transfer To X700(1140 0.00 Transfer To XXXXI141 0.00 Transfer To XXXXI 142 0.00 Principal Paid to Bondholder 0.00 Interest Paid to Bondholder (17505.60) (17.505.60) Transfer born XXXXI 106 0.00 Transfer from XXXXI 306 2D,715.01 20,715.01 313112017 Fair Value 1,117,840.25 2,664.44 11.54 6.62 62427 0.00 20,718.42 865,760.80 19.01 2,007,722.36 Interest Earned 472.41 3.58 0.07 2.58 372.01 0.01 850.66 Wire Transfer From Butte County O.DD Transfer To XXXX1307 0.00 Transfer To XXXX7301 (20.769,86) 120,789.661 Transfer To XXXXI140 0.00 Transfer To XXXX1141 0.00 Transfer To XXXXI142 0.00 Principal Paid to Bondholder 0.00 inleresl Paid to Bondholder (20,715.42) (20.718 421 Ttonsfer from XXXXI 100 0.00 Transfer from XXXX1305 20,789.86 20,789.86 413012017 Fair Value 1,118,412.66 2,658.02 11." 5.62 624.34 om 20,792.44 845,332.95 19.02 1,987,866.69 Interest Eamed 554.26 0.50 0.01 1 0.12 243 427,46 6,01 984,79 Wire Transfer From Butte County 0.00 Transfer To XXXXI307 (454,980,97) (454.980.97) Transfer To XXXXI 301 (23.237.06) (23,237.06) Transfer To XXXXI 140 0,00 Transfer To XXXXI 141 (834,07258) (834.972 58) Transfer To XXXXI142 0.00 Transfer To XXXX7143 (280.000.00) (2a0.000.00) Pdndpel Paid to Bondholder (20,792.44) (20,792,441 - Interest Paid to Bondholder 0.00 Transfer tram XXXX1106 834,972.58 260,000.00 1,114,97298 Transfer tram XXXX1305 23,2W.D6 454,980,97 478,218,03 50112017 Fair Value 3,994.34 2,658.62 11.6E 854,978.20 6240.6 280,000.00 23,239.49 367,6,12.38 455,000.00 1,908,048.94 Interest Eamed 581.55 0.54 0.01 14.51 0.16 4.12 369.53 80.55 1,050.98 Whe Transfer From Butte County 0.00 Transfer To XXXXt3D7 0.00 Transfer To XXXX1301 (24,471.O6) (24,471.061 Transfer To XXXXI.140 0.00 Transfer To XXXX1141 0.00 Transfer To XXXXI,142 (4,575.69) (4,575.891 Transfer To XXXXI.143 0.00 Pdndpal Paid to Bondholder (280,000.00) (455,000,00) (735,OD0.00) Interest Feld to Bondholder (814 978.20) (23.239.49) (658,217 691 Transfer from XXXX7106 4.575.89 4.575.89 Transfer ham XXXX1305 24,471,06 24.471.06 613012017 Felr Vafua 0.00 2,659.06 11.56 14.51 6,200.61 OM 24,475.18 343,440.85 80.66 375,08223 Interest Earned 0.33 4.42 D.01 0.01 1.55 0.55 223.53 D.05 230.45 Whe Trenafer From Butte County 0,00 Transfer To XXXX007 0.00 Transfer To XXXXl301 (25.078.88) (25.078.86) Transfer To XXXXl140 0.00 Transfer To XXXXI.141 0.00 Transfer To XXXXI 142 0.00 Transfer To XXXXl143 0,00 Pdndpai Paid to Bondholder 0.00 Interest Paid to Bondholder (24,471.061 (24.471.06) Transfer from XXXXI 105 O.DO Transfer from XXXXI305 25,078.86 25,078.86 713112017 Fair Valuo 0.33 2,863.48 11.67 1 14.62 6,202.08 D.0026,083.53 318685.62 1 80.61 361,"1.62 Sources!1)Wens Fargo Bank Statements,2)Butte County Administration 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-6/30/2017 157,354.59 Deposits/Additions 7/10/17 145,369.11 7/13/17 42,500.00 7/21117 96,851.34 7/27/17 84,657.29 ACH and Electronic Payments/Subtractions (78,576.66) Withdrawals/Subtractions Disbursements Checks Paid (266,302.01) Maintenance Fee 7/20/17 (127.52) Ending Balance-7/31/2017 181,726.14 Source: Umpqua Bank Statement 1,tur Z\.0 Urdl 1VIMILL11y OtaL0111Gl1t i usti i va Local Agency Investment bund P.O.Box 942809 rv4vw.trcalsurer.casovinmia-laifllai£.asn Sacramento,CA 94209-0001 (916)653-3001 August 01,2017 B UTI'E COUNTY CHIEF DEPUTY TREASURER 1'M IA Average Mantbly Yields 25 COUNTY CENTER DRIVE OROVILLE,CA 95965-3384 Account Number: Tran'I'VIX Definitions July 2017 Statement Effective 'Transaction Tran Confirm Date Date Type Number Autlaorivxd Caller Amount 7/6/2017 7!6/2017 RW 1540778 COLETTE WORSHAM -5,000,000.00 7!712017 7/7/2017 RW 1540933 COLETTE WORSHAM -9,500,000.00 7/10/2017 7/10/2017 RW 1540971 LISA LAM -5,000,000.00 7/14/2017 7/13/2017 QRD 1542574 SYSTEM 37,057.57 Account Summary Total Deposit: 37,057.57 Beginning Balance: 26,876,792.36 Total Withdrawal: -19,500,000.00 Ending Balance: 7,413,849.93 https:Hlaifrrls.tl•easurer.ca.gov/RegularStatement.aspx 8/1/2017 Ltllr 1W,8U12U'iV1011L111y OLULU111G11L 1 a 4 1 vi t Focal Agency Investment Fund P.O.Box 942809 vvw►v.treasurer.ca.�ov/poria-laif/laif axn Sacramento,CA 94209-0001 (916)653-3001 August 01,2017 BUTTE COMMUNITY COLLEGE DISTRICT BUTTE COUNTY TREASURER PMIA Aver:lac Monthly Yields 25 COUNTY CENTER DRIVE,SUITE 125 OROVILLE,CA 95965-3384 Account Number: Tran Ty pc DcEmitions July 2017 Statement Effective 'Transaction Tran Confirm Date Date Type Number Autllorizcd Caller Amount 7/14/2017 7/13/2017 QRD 1541428 SYSTEM 119,178.85 7/14/2017 7/14/2017 RW 1543729 LISA LAM -5,000,000.00 7/17/2017 7/17/2017 RD 1543942 COLETTE WORSHAM 4,000,000.00 7/26/2017 7/26/2017 RW 1544633 LISA LAM -3,000,000.00 Account_Summary Total Deposit: 4,119,178.85 Beginning Balance: 50,989,700.78 Total Withdrawal: -8,000,000.00 Ending Balance: 47,108,879.63 https://lailfms.treasurer.ca.gov/RegularStatement.aspx 8/1/2017 Ll-iii, r%z ultll LVIULALWY JLM0,111GAlt 1 ar,%. 1 V1 1 Local Agency Investment Fund P.O.Box 942809 www.treasurer.ca.jzov/mniii-inif/IaiLaM Sacramento,CA 94209-0001 (916)653-3001 August 01,2017 PARADISE UNIFIED SCHOOL DISTRICT BUT'T'E COUNTY TREASURER PMIA Average Monthly Yiclds 25 COUNTY CENTER DRIVE,SUITE 125 OROVILLE„CA 95965 Account Number: I'ran'I' c Defini ions July 2017 Statement Effective Transaction Tran Confirm Date Date IYPe Number Authorized Caller Amount 7/14/2017 7/13/2017 QRD 1541429 SYSTEM 27,174,37 Account Summary Total Deposit: 27,174.37 Beginning Balance: 7,195,769.36 Total Withdrawal: 0.00 Ending Balance: 7,222,943.73 https://Iaifms.treasurer.ca.gov/RegularStatement.aspx $/1/2017 1J)I.11" 1\Ggt11111 1V1LA11L111y 13tULGA11GAAL 1'agu 1 vi 1 Local Agency Investment Fund 11.0.Box 942809 Sacramento,CA 94209-0001 www.treasurer.ca, oW/tAugus 01,201 (916)653-3001 August O1,2017 OROVILLE UNION HIGH SCHOOL DISTRICT' BUTTE COUNTY TREASURER PMIA Average Monthly Yields 25 COUNTY CENTER DRIVE,SUITE 125 OROVILLE,CA 95965-3384 Account Number: 'Tran•1'ype Dclinitions July 2017 Statement Effective Transaction Tran Confirm Date Date Type Number Authorized Caller Amount 7/14/2017 7/13/2017 QRD 1541430 SYSTEM 27,711.69 7/21/2017 7/21/2017 RW 1544347 COLET TE WORSHAM -5,000,000.00 Account Summary Total Deposit: 27,711.69 Beginning Balance: 9,588,228.16 Total Withdrawal: -5,000,000.00 Ending Balance: 4,615,939.85 https:Hlaifms.treasurer.ca.gov/RegularStatement.aspx 8/1/2017 L,L'Ur B-OgULLLL MUMMY OLZLLG1LM11L va a Local Agency Investment Fund P.D.Box 942809 w►vw.treasurcr.ca, ovlumia-Iaif/laiEnsp Sacramento,CA 94209-0001 (916)653-3001 August O1,2017 CHICO UNIFIED SCHOOL DISTRICT BUTTE COUNTY TREASURER PMTA Average Monthly Yields 25 COUNTY CENTER DRIVE,SUITE 125 OROVILLE,CA 95965-3384 Account Number: Trati Type Definitions July 2017 Statement Effective Transaction Tran Confirm Date Date "Type Number Authorized Caller Amount 7/12/2017 7/12/2017 RW 1541186 LISA LAM -3,000,000.00 7/14/2017 7/13/2017 QRD 1541432 SYSTEM 108,764.07 7!24!2017 7/24/2017 RW 1544421 LISA LAM -2,000,000.00 Account_Summary Total Deposit: 108,764.07 Beginning Balance: 55,528,398.59 Total Withdrawal: -5,000,000.00 Ending Balance: 50,637,162.66 https:Hlaifms.treasurer.ca.gov/RegularStatement.aspx 8/1/2017 1✓lAll ArgUldt 1V1UMIlly OULLU11LUM 1 age 1 Vl 1 Local Agency Investment Fund P.O.Box 942809 www.treasurer.ca.eov/pmia-laifllaicasn Sacramento,CA 94209-0001 (916)653-3001 August Oi,2017 BUTTE COUNTY OFFICE OF EDUCATION BUTTE COUNTY TREASURER I'MIA Average Monthly Yields 25 COUNTY CENTER DRIVE,SUITE 125 OROVILLE,CA 95965.3384 Account Number: Tran Tac Definitions July 2017 Statement Effective Transaction Tran Confirm Date Date TYPe Number Authorized Caller Amount 7/14/2017 7/13/2017 QRD 1541433 SYSTEM 19,855,82 Account Summary Total Deposit: 19,855.82 Beginning Balance: 5,584,182.03 Total Withdrawal: 0.00 Ending Balance: 5,604,037.85 https://Iaifms.treasurer.ca.gov/RegularStatement.aspx 8/1/2017 COUNTY OF BUTTE STATEMENT FOR PERIOD July 01,2017 -July 31, 2017 CalTrust Short Term Fund - BUTTE, COUNTY OF Date Transaction Shares Price Per Amount Average Average Realized Share Cost NAV Cost Amount GainlLoss* 06/30/2017 BALANCE FORWARD 457.612 10.02 4,585.27 10.01975473 4,585.16 07/03/2017 INCOME DISTRIBUTION-JUNE 0.429 10.02 4.30 10.01975806 4.30 0.00 07/31/2017 UNREALIZED GAIN(LOSS) 0.000 0.00 0.00 07/31/2017 ENDING BALANCE 458.041 10.02 4,589.574,589.46 INCOME DISTRIBUTION PAID-JUNE 0.00 INCOMEACCRUAL-JULY 4.35 CUMULATIVE UNREALIZED GAIN(LOSS) 0.11 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. For Inquiries About Your Account,Contact: COUNTY OF BUTTE Nottingham Investment Administration BUTTE,COUNTY OF 116 South Franklin Street ATTN: PEGGY MOAK Rocky Mount,NO 27604 25 COUNTY CENTER DR, STE 125 Attention:CaITRUST Shareholder Services OROVILLECA 95965 Phone:800.773.3863 Fax:252-972.1408 Email:caltrustsupport@ncfunds.com Page 1 of 1t n rh M .N M �! N w N N sL cn Ao Rt CL M C N M n p N n O C CD LU u Ov? Lf] O N N r L 1 d P M LL Al v � II I pl f I I II ILII II O aC 0 cs o � So C � a t�/l NMo00 Ln r! _ ,-iLD000 r4ko L� 1-4 N N N r M C O1 00 N id G U IV a � E o< 12 > R CurUI cn c N � Ln w rn Ln NN N P 0 C "CS � 111 V o � E 10 [n N Q c OD N la 61 O L y O V O O i d m } S c c10 CM LA L f v T O M N O Cd7 O Lq Vs ? O LLn C] C] n Ln Ln L LO 00 a CC a7 q N a OMi n 41 n .L 7Ln ai D G w T N M O O N M c N N L N •L ri CO 00 v 0 N m %0 M G 01 p N O o g � � S c o v YJ C Ic c c �u E in c m H �" c c N - R m c m co wIn Im 41c 0 u m c v 0 c .• i v of :3= a O = ars O m d GC`' C V 0 a GC u L3 u FIVE STAR BANK county of Butte Date 7/31(17 P� 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 MMANumber of Enclosures 0 Account Number statement Dates 7/01/17 thru 7/31/17 Previous Balance 5,00 Days in the statement period 31 Deposits/Credits .00 Average Ledger 5,009,965 checks/Debits .00 Average Collected 5,009,965 Electronic DR .00 service charge .00 interest Earned 4,090.30 Interest Paid 4090.30 Annual Percentage Yield Earned 0.97% EndingBalance 5,014',055.63 2017 interest Paid 12 533.01 11 illa 1; ii,ill 11i i MO 7/31 INTEREST PAID 31 DAYS 4,090.30 IE wv.l'.Y;E? :Y` �?5 H if, rf!a_ -L•i .tea ri: `� ah`�.�.�u#.uit't�,.x-!. 7/01 5,009,965.33 7 31 5,014,055.63 6/30 .93% 7/11 .98% r G O� CD Lo � O CD N CO CON " a7 C15 C14 co 00 N O e 0 0 OD C N C' z LCL O O L LC (DO 1LO Lo 00 0 er m r 6 N W E O a- N O O A zr � N Al W� ¢z U) W)O - Nom Q. 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