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HomeMy WebLinkAboutInvestment Report and Transaction Reporting for September 30, 2017 Menchaca, Clarissa From: Worsham, Colette Sent: Monday, October 162D1741GPM To: Liu, Annie; Snyder, Ashley; Gullickson, Cano|U; Christy Patterson, Butte County Schools JPA; Worsham, CoXette� Houser, David; Heather Naylor, Gridley Unified School District; Cook, Holly; Beene, Dana; 0muffettJim; Kevin Bo|tema. Chico Unified School District; Homea. Kory; Lisa Anderson, TOC Member(8C{]Erep); Lam, Lisa; Sandoval, Maritza; ]exsee, Meegan; Menchaca, Clarissa; Mia Dsborne-NQ, Executive Assistant tnthe 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 (]UHSDvep); Tim Taylor, Butte County Superintendent of Schools;William (Jim) Nicholas, Director of Business Services; Bangor Cemetery District- Thenesa Phillips, Trustee; Starkey, Darlene; 0[(}E, Leslie RVrnenn . Arana; 8COE'Travis Haski|U; Bruffet 'Jirm; Butte Co Resource Conservation; Reynolds, Sarah; Butte County Resource Conservation District; Butte Creek Drainage, Drainage District#2; Hobbs, Debbie; CARD; Radcliffe, Heidi; Smith, Cheryl; Christy Patterson, Executive Director, Butte Schools Self-Funded Programs; Quigley, Cindy; Drainage District#1; Drainage District#100; Drainage District#200; Amador, Aavnm;VVeimoeich, Anita; Durham Recreation E& Park; Cyr, Kirsten; Dwayne Long, Lake Orovi||eAvea Public U�ti|ity District B Medio Fire; El Medio Fine; Ramage, Apry|; Pe|tzer, Deborah; Grey, Anita; Teague, Pat; 8nndenom,]i|U;Jane Avrem, Nancy; Cahn,Jeff; 5pneen, Misty; Knight,Jay; Richardson Springs, Carlos Penning; Compton, Vickie; Ravert, Rochelle; Rock Creek Reclamation; OehartDenise; Minasian, Paul;Valentine, Gwen; Larson, Marvin Subject: Investment Report and Transaction Reporting for September 3Q, 2D17 Attachments: Investment Report September 38. 2O17.pdf; Transaction Reporting September 30, 2017.pdf Greetings! The Treasurer's Investment Report forthe month ending September 30, 2017 is attached, for your reference. Additionally,the information provided in the attached "Transaction Reporting September 30, 2017" consists of spreadsheets and statements detailing tranisaction activity for the month. If you have any questions or concerns, please feel free to contact Peggy Moak or Lisa Lam �t 538-7576. Best regards, C0JeWe,W Supervisor. Banking and Cash Management, Treasury OiVis,iom Butte County Treasurer-Tax Collector 25 County Center Drive, Suite 1_25.,..Orov,ifle, CA 95965 T 530.538.6�264 � F 530M&7648 - Treasurer–Tax Collector Peggy Moak, Treasurer-Tax Collector y ' Treasury Division 25 County Center Drive, Suite 125 T: 530.538.7576 Butte � Oroville, California 95965-3384 I F: 530.538.7648 buttecoun#y.net/ttc 7R=TAX TA%COLLECTOR October 16, 2017 Butte County Board of Supervisors Butte County Chief Administrative Officer Investment Pool Oversight Committee The attached investment report for September 30, 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 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,,�Aa-c— 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,Gov't.Accounting Butte County Superintendent of Schools Beene,Dana—Butte County Internal Auditor Butte ,RwURdk.WCCIXkC,OR BUTTE COUNTY TREASURER'S INVESTMENT REPORT September 30,2017 YIELD TO WEIGHTED AVERAGE ACTIVELY MANAGED PORTFOLIO: MATURITY MATURITY(DAYS)' PAR VALUE FAIR VALUE COST CARRIED LOCAL AGENCY INVESTMENT FUND(LAIF) 1.111% 1 43,280,662.95 43,280,662.95 43,280,662.95 CALTRUST SHORT TERM 1.191% 1 4,603.36 4,603.36 4,598.86 CAMP SHORT TERM 1.150% 1 20,300,360.05 20,300,360.05 20,300,360.05 BANK MONEY MARKET(COLLATERALIZED) 1.080% 1 5,018,463.00 5,018,463,00 5,018,463.00 V.S.TREASURY NOTES" 1.622% 1,365 19,000,000.00 18,972,774.00 19,039,217.27 MUNICIPAL BONDS- 1.777% 1,004 38,760,000.00 38,708,472.90 38,911,959.31 CORPORATE NOTES- 1.540% 635 38,202,000.00 38,356,018.25 38,512,387.42 NEGOTIABLE CDS- 1.837% 1,172 8,500,000.00 8,503,701.96 8,497,391.68 FEDERAL AGENCY /SUPRANATIONAL NOTES" 1.410% 832 193,115,000.00 192,138,211.37 192,886,438.76 TOTAL ACTIVELY MANAGED PORTFOLIO: 1.429% 710 366,181,089.36 365,283,267.84 366,451,479.30 INVESTMENT OF NOTEIBOND PROCEEDS AND OPERATING CASH SCHOOL BOND PROCEEDS(see page 2lo,detais) 83,322,150.70 83,322,150.70 83,322,150.70 OPERATING ACCOUNTS U.S.BANK CHECKING ACCOUNT DEPOSITS 30,121,470.51 30,121,470.51 30,121,470.51 OPERATING CASH 21,165.67 21,165.67 21,165.67 OTHER 0.00 0.00 0.00 TOTAL TREASURER'S FUND LEDGER BALANCE: 479,645,876.24 478,748,054.72 479,916,266.18 INVESTMENTS UNDER MANAGEMENT OF TRUSTEES(Aeepaue3io,eeiais) 3,428,282.75 3,428,282.75 3,420,060.87 PAR VALUE FAIR VALUE COST CARRIED TOTAL CASH AND INVESTMENTS: 483,074,158.99 482,176,337.47 483,336,327.05 SIX MONTH LIQUIDITY PROJECTIONS Estimated Cash Receipts for Next Six Months 535,645,404 Estimated Disbursements for Next Six Months -490,360,989 Estimated Net Cash Flow for Next Six Months*" 45,284,415(Al) Prudent Reserve -30,000,000(A2) Securities Maturing 49,515,000(B) Local Agency Investment Fund 1 Cal Trust 1 MMF!CAMP 68,604,085(C) Total Liquidity for Next Six Months 133,403,500(A1+A2+B+C) Estimated Cash Available for Long Term Investment -30,000,000 Remaining Available Liquidity 103,403,500 Total Par Value of actively managed investments maturing In less than 12 months: 143,869,089 Total Par Value of actively managed investments maturing In more than 12 months: 222,312,000 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. Seepage 5 for detailed list of investments. ' Includes TRAN(Tax and Revenue Anticipation Notes)receipts and disbursements,if applicable. 1 BUTTE COUNTY TREASURER'S INVESTMENT REPORT INVESTMENT OF SCHOOL BOND PROCEEDS September 30,2017 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 1.111% 41,353,084.06 41,353,084.06 41,353,084.06 Chico Unified 2012 GO Send Measure E Series A LAIF 1.111% 1,918,129.85 1,918,129.85 1,918,129.85 Chico Unified 2016 GO Bond Series A LAIF 1,111% 40,050,936.79 40,050,936.79 40,050,936.79 PAR FAIR COST VALUE VALUE CARRIED GRAND TOTAL 83,322,150.70 83,322,150.70 83,322,150.70 Yields quoted above are a snapshot per investment type.Actual yields eamed on school bonds are calculated bythe Treasurer's office and are a composite or Investment earnings less Treasury casts. 2 BUTTE COUNTY TREASURER'S INVESTMENT REPORT DEPOSITS AND INVESTMENTS UNDER MANAGEMENT OF TRUSTEESIFISCAL AGENTS September 30, 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 0.862% 2,024,905.57 2,024,905.57 2,024,905.57 Int,Rate Stabilization Fund#XXXX1109 Money Market WF GOVT MMF#1751 0.862% 1,013.00 1,013.00 1,013,00 Pooled Agency Funds Local Agency Investment Fund 1.111% 1,651.91 1,651.91 1,651.91 Principal Account Fund#XXXXi140 Cash Cash 0.000% 11.59 11.59 11.59 Interest Account Fund#XXXX1141 Cash Cash 0.000% 14.54 14.54 14.54 Surplus Account Fund#XXXX1142 Cash Cash 0.000% 5,206.51 5,206.51 5,206,51 Sinking Account Fund#XXXX1143 Cash Cash 0,000% 0.00 0.00 0.00 Series 8 Interest Fund#XXXX1301 Money Market WF GOVT MMF#1751 0.862% 26,993.92 26,993.92 26,993.92 Series 8 Bond Fund#XXXX1305 Money Market WF GOVT MMF#1751 0.862% 1,074,825.61 1,074,825.61 1,074,825.61 Series 8 Interest Fund*XXXX1307 Money Market WF GOVT MMF#1751 0.862% 80.73 80.73 80.73 SUBTOTAL 3,134,703.38 3,134,703.38 3,134,703.38 DEPOSITS WITH FISCAL AGENTS Discovery Benefits Plan Year Cash Balance 1101/16-12131!16` NA 38,221.88 38,221.88 "30,000.00 York Risk Services Group-Claim Administrators Umpqua Bank#XXXXX2601 Commercial Bank Business Checking NA 255,357.49 255,357.49 255,357.49 SUBTOTAL 293,579.37 293,579.37 285,357.49 PAR FAIR COST VALUE VALUE CARRIED GRAND TOTAL 3,428,282.75 3,428,282.75 3,420,060.87 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" September 30,2097 INVESTMENTS BY TYPE* INVESTMENTS BY MATURITY&YIELD* Local Agency Investment FundfCsITtust/MMF/CAMP LAIFICTIMMF/CAMP $ 68,604,489 Federal Home Loan sank FHLB $ 30,200,400 LAIF/CALTRUST/MMF/CAMP(1 day) 1.120% $ 68,604,089 Federal Home Loan Mortgage Corp FHLMC $ 13,000,000 01-12 months 1.042% $ 75,265,000 Federal National Mortgage Assn FNMA $ 25,000,004 13-36 months 1.640% $ 110,722,000 Federal Farm Credit Bank FFCB $ 35,000,044 37-60 months 1.670% $ 111,590,000 Federal Agricultural Mortgage Carp FAMCA $ 34,265,000 TOTAL PAR VALUE $ 366,181,089 Corporate Notes CORP $ 38,202,000 U.S.Treasury Nates UST $ 19,000,000 'Investments managed by Trustees&School Bond Proceeds not included. Tennessee Valley Authority TVA $ 51000,000 Supranational SUPRA $ 509650,000 Final maturity dates are used;probable call dates are not considered. Certificates of Deposit(Collatetal¢ed/Negofiable) CDs $ 8,500,000 Amounts quoted at Par Value. Municipal Bonds MUNI $ 38,760,000 $ 366,181,089 11% 2% 14% 1% 5% 10% •LAIF/CALTRUST/MMF/CAMP)1 day) •LAIF/CT/MMF/CAMP•FHLB <FHLMC -FNMA +01-12 months FFCB ^FAMCA •CORP •UST =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 —1 $450,000,000 -di^^20A6 �h�2015 $425,000,000 --H2O14 --W-2013 $400,000,000 �-z01.z $375,000,000 --.—201.1 —2010 $350,000,000 $325,000,000 —a-2aoa $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 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 September 00,2657 n1e4I,lhIiN FnaRaA. M.WlF Wdw $62tt}L9 peurinllnn HE 11229L6 FIICN 2,1, amMaNrIN I%1 Par V4lue Fa4r VAlle S'a,1GI.CD.45C 113 ,_ FEOERALN ELOAM,w1K M. Xaa NN 1y582e11 12/54201/ 0657 700 5,4 .9 .00 4,76.400.00 -,899.78.'1/ 3,33EC945 FEDERAL FARM MEW UAN4 M. Aa MA 1726272 1226M17 0.910 ]O.000.OW.W 9.997,8]0.00 9.97.763.00 315,$P1$6 FARMERAIAC IRI NR NR 11112013 42272917 0.903 4.285.00.00 4.281.509.82 4261.900.19 3137EAR16 FHI.MC 750'16 M. A. AAA 111251013 11122016 092 5,000,000.00 4,994.215.00 4,927,974.42 3135GIXE1 FEDERAL NATL MORTGAGE ASSN M. A. AM ]114001] 2/142016 1.000 10.000.WOW 9,992,tWW t0,oaooao 0 46124.4:22 OPMORGANCNASco&W R NR NR NR 2120M13 2202016 IA25 23.Moo MIme.m 25000000 31315POW FARMERMAC NR MI NR 3/2013 3r62a1A 09W IO,n0570.W 9,911,X4000 6,999,69166 31315PM FARMERMAC NR M1 NR S,IW0t3 367a,A 0979 5,000,000.00 1.990.07000 4.895,59148 64952W0ZS NEWYOR UFFMO9AFOG M. A. ✓77'29'5 4172015 1.2.10 5.97.999.00 -,593.5767 5.001.66483 020DIXONB ALV 8" NR NR Mi 4'30'1015 4902016 I.M 250.000.00 249.955.27 250.000.00 a133Fawe FEOERALFARMCREOIT"M M. Xaa AM 962013 992ot6 0.965 507,000.7 4.859.190.00 4.998.0{5.14 3134G45W. FEDERANOMELOANMTGCORP M. Au AAA SIAM13 578776 1.000 5.000,000.00 4.990,956.00 5.000.00000 0175.00116 CISCOSYSTEM51NC M- Al NR 11112,2015 6,152010 1.365 5,000,000.00 5,011.380.00 5.009.927.97 69M36TCP6 TOYOTAWMRCREDITCORP M• /7 A WIWDI5 211V20IS 1.800 5,OO.Mo0 5,002].4.00 4,996062,98 M147AE0 GOLOMANSACNSaA k.ISA NR NR NR 6272014 627,2016 1650 250,000.00 250,636.70 250,00000 0VOTCAY8 AmMICAN CAPPE55 aK FSB MR NR NR 5262014 628220,6 1600 M.000D0 250,72248 2 .Moo 459OWAD IFrfL BK RECONX DEVELOP AAA Am AAA 1VS"'o %VE O'6 1261 1.500,000.00 2480,435.00 2.-0.505.9, 660591EG1 TENNVALLEYAI11110RITV M. MA 727017 1&,642016 1.383 S.o7,70.00 5.018.35.00 5.016.655.38 7iMSOFtM9 M kJEMAE&A7WSALTLKE NR Lai NR 112542013 11`70'2016 2.050 77.70.7 252.99950 MODS 0U 669164WA7 oRIEWAaANK NR Tei NR 12/1642015 12/172016 1.750 =000.00 250.60050 25.4.000.00 69336/890 702507.4207042 CREDIT CORP M. Aa3 A &16'1055 T117FI013 1.875 5,000.000.00 5,026.195.00 5.014.000.53 007633902 A E INC M. Aal NR }1172017 V212=19 1.450 1,540,000.00 1,544,370.78 1.545,152.80 85o0]SM NEWYORKSTUR9ANDEVCOWREV MA Aal M. 11161014 1151019 1.980 5,000,000.00 57?,500.W 5,000,698.19 137]LKL3 CLIFOR76ASTGOU 700 111. M. A4] M. 1142422 WWI) 1900 3,000,W0.W 3,025,920.00 ]915,W762 3133EFo2a FEDERAL FARM CREW BANK M. Aa- AM 232016 2531.019 1366 S.000000.Go 4.978,e35.00 4,99611394 SMULACII MICROSOFTOORF AAA Au M. WWOt5 &,20,9 1380 2508000.00 2.509..z 00 2,60562356 91/126592 NOV OF GIIFORNIA GREV T%EL M A4 AA 6742015 81`7018 I.M 5,000,000.00 5,005,00000 S.00B.7u,0$ 31315P16471 FEDERALAMCMTGCORP Mi NR NR 7022014 70]2018 1.513 6,70600.09 5,005.16000 -,661,9"9. 45905XEVI IWL8KRE0ON6DEYELOP AAA Aea MA 1267016 72202019 1.392 567.900.7 4,970.M.W CWA25,61 3t3,5P70t FARMER MAC IMI NR M 62251014 25237019 1.70 5,000,000.00 4,001.515.00 COSSo72.24 BQMvX ORACLE CORP M. Al A. 10,MC15 1&57019 1.645 4,102,000.00 4,216,116.49 4.191,819.62 25905 A INTL&(RECONXDEYSLOP IM A. NR 1282018 1&2YM1e 1.573 5,000,000.00 4,952,050.00 4,071,53891 31MEEBN9 FEDERAFARMCRENTRANK M. A. AM 111128014 111128019 /.600 5,000,000.00 5,017,470.00 5,000,000,00 96859.003 WHITNEY 9AMUL4S NR NR M 125`2017 1272020 1.70D 250.00060 250.amn 250,00000 02587DXE3 AMERK "M CENTURION NR NR NR 12&20.5 1209020 IM 250.00060 75791400 250000.00 6a26o6EM0 TE)(/S STTECHUWV REV M. W M. 1'820.5 4r1S9aM 1M 2570.00✓o00 2.519,50960 25811,325.49 912525354 uSTRSM(.FlYNOTE AA. AAa AAA 462015 =T2520 1.310 5.000.000.00 4,96067.00 5405.143 64 1]0510504 CALIF0WABTG0UMTOTXEL AA. A04 AA. .1"'S 412010 1.860 5.000,00000 4,617.000.00 SM.,3X4,60 7127wwo PEOPLES, nD0.APf NA M NR NR 415`2015 4154020 1.600 250.00060 253.06925 250,00060 3,36471 7 FEDERAL Mn MORTGAGE A55N M. Au .AAA 51192015 5'187020 1.600 57D.70.00 4.989.60000 9,000,000.00 9,Vcue5 USTREMURYT m M. Au .AAA &12015 YIr= 1.503 4600.000.00 3.994.0&.00 3.929,600.95 1404MNA0 CIIRTALOMIANKLISANA NR MR NR 6107015 6,1020M 2.006 27,00000 252,434,00 249,327,45 3$330010.45 FEOERALIIOMELOANS M. Xaa NR &57015 612802 1.760 5,000,000.00 5,015,00000 4,898,131,05 3$33554201 FNL91]75 WIG M. Au NR 7212015 B1NMM 1.795 5,200,00000 5,163,60000 5,10,524,42 6821172AI TEXAS ST NM TNM REV AAA Au AAA &tG2315 Mam 1901 500ap0000 2,98/,6WOD 2661,3X].21 459DSBFMO INTL SK RECON 9 DEVELOP AAA Xaa AM 5232010 &,09020 1.140 5,000,00000 4915.69000 4,917,672,77 05660ACW2 913549ANK IlOR1H AAtEPoG NR wi NR &16'1015 5,6M 2700 250.00000 151.66850 ISO 000,00 200]].4.42520 COMEMW CAPITA RANK NR ,41 NR 621`7015 MIQU10 2250 27.7000 254,860.00 250.00090 4976SYWO KEY 9Aat MA M NR NR 9'27,2017 9252010 1,650 250.00000 25.467.00 250,000.03 3138O11G6 FrVFt,E B M. Au AM 7,257017 9262020 1617 5.000.000.00 4.999.91000 5,003276.06 25.677YT2 PSGOVER BAMS M NR NR lwl2 t5 10712020 2.200 250.7000 254.148.75 250,00.00 1404211 L CA1,17AONENA M M NR 111137055 10767020 2.777 250,00000 151,57350 248608.22 59A9165G6 MIMOSOFTCORP AAA A. M. e2202016 11125220 1,362 5,00500000 5633,55000 5991.725.25 8/95671456 MLLSFARGOIXANANA AIR NR NR 17130015 12/32020 1,500 2W.Moo 253]44.`.4 250,00000 291M.03 ENERoA76S USA UR NR MR 1262010 126771 1.904 2`.0,00000 =9St025 249,55460 3130AXVS FEDERAL NOME LOAN BANK M. Aaa MI V72016 Z,X2021 1.315 5,000,0000D 4,951100.00 5,0M,7w.19 4 IX0005 INTER"ERH:AM DEVIL M MA AAA '"Moto Y1yM21 1.574 $.000.00000 5.00817.00 5,050.R19.1a 130WCP67 CALFORMA ST GO UNLM AA. W AA. &1320,8 414201. 1.430 5.000.00000 4,900,000,00 5.011,736.58 3,NG6Y79 FREDDIE MAC M. MR AM 4`2AM18 54267C21 1,328 36W.WOW 2,9MIW,W 2,995782-60 4560wDo INR aK REGON60EV 51ERI1P NIT NR NR 476'2016 4262071 1.250 3.000.00000 2.967.,0000 3.000.000.00 17MMU2 GALOWELL M 6 TRU6T W NR Mi M 9$251018 5112021 1.400 250.00000 246.162.50 250.07)Go 914120F59 VMVOFCALIFORHIACAREVTxoL M Aug M 2057019 511W021 1.117 507,0007 4,956,55000 5,050.213.37 45768FN1 IML M RESIGN 6 DEVELOP AAA Au AAA 0,132016 524202, 1.412 5.70.0007 4,915.075W 4,91KIA75.55 313853244 FEDERALNATLMORTGAGEASSN M. AY AAA 5!7512018 5252071 1,375 56009007 4,597.MW 5,70,000 90 27113POCO EASTBOSTCNSAVI45e NR NIR 2044 6232018 6212021 1500 M.Moo 245.1 W 250,07.00 3133EC4U2 FEDERAFARMMEMBANK M. Au MA 7/62016 7162021 1.'90 5,0009700 4.819.5WOO 5,70.07.00 3I30MC55 FEDERAL44C44ELOANRANX M. Xaa MR 71.42018 2114701, 1,701 5,o7.00,100 1,886,76500 ..W.097it 5640]6152 MEOALUON BANK UTAH NR NR NR 7262018 2267021 1,400 756.00000 7.,6-0.00 250.0700 A6i130BN7 n9ROFE05.44600CLEYLMp MR NR NR 72&7017 T'267111 2.70 260.0007 250,707 175000.00 9$67-1-15 WESTERNSTAMBANK M4 NR M 729.2018 7287021 1.400 250.7000 221505.50 250.000 Do 5649,9-06 MICROSCHOORP AM - M. &192015 &WWI 1.541 5.70.7000 4.014.7557 5031.958.64 7-MOVM6 PRNAIEdVIX6 TFIUSTCO NR M M! 5130MIG 6,30=1 I,500 250.0000) 2.,58,,7 250.000.00 WIMISRO BENEFICIAL SAM( MR NR M 0,162018 91132011 I,57 250,7000 244,50650 M000,So 45976�P3 IML 9K RECON 6.DEVELOP MA Au MA WI8 IT 620271 IM 5,150977 S.W.214n S,o17,W0.e4 871656205 SYC/94UW EANK M NR NR ,02,2016 10712021 117 2509700 24,158 25 250,000.W 31]QAA2F4 FEDFRA440MELOANSAM M. Iles NR 112190,9 1123702, 17M 5,000,0700 4,911,09000 5,70.70.00 459001328 iML&SRECONXOEVELOP -A nR TBS 1252&1016 IMMIX!$ 2060. 6.000.7000 4.M.Moo 5005000.00 0548DtG58 9ERKSSIRE BK1RT18FIElO 741 NR NR wyml6 12,082023 2.200 210MIX) 251.S65,SO 250.000,00 450OWTA IML SK RECAN60EVELOP M 100 AAA 3`10`2017 1262Pd 2.166 5.07.7000 5.W1.MW 4,965,305,36 3133EWLK9 FEDERALFAR MEWaAJK M. Am AAA 22,2017 20217022 2.0M 5,000.0oe.W 5.013.11000 S,70.O7.W 9.227.4203 W11Sl1NGTONFIRST L IUaR NR NR M 22251017 2212021 2.050 M.0D0W 293,000.00 250.000.00 23665OAV7 DOLLAR aA FSo PA NR NR MA xM017 YMM 2000 250,707 255oW,7 25oDao w 5T417NG6 MARYLANOSTGOIII4T AAA Au AAA Y`2251017 YIS2072 2,M 5,190,70.7 5,1M,151.90 5,190,00060 96677050 1e NA MI NR 2044 402017 4120251 2.100 250,00600 25570.7 218,959.00 3131Ao6K5 FARMERMAC NR !A Ml Mal? MOW 1,615 5,000,0000) 4,985365.0 5,005000.00 55710XZ09 MERCANNLE BVM OF Mt MR NR MR yf 0`2011 STO,= 217 250.0700 750.000,0 M.=to 911445X005 uS TREASURY NOTE M. Au AAA 721`7017 6302012 1610 5.07.000,00 1.911.45500 4,965.95. WT-wims 9A11GtAYS BAKDELAWARE M NR NR 711251017 7117802 227 250.00000 2550007 26507,7 91MM05 USTREASURYNOTE M. - AAA 75IM17 7212021 1.513 567.00000 5.763657 5640755.07 3191 4 1 20 5 5 FIRSTFVWKOFMGI MR NR NR WWOIT &IM022 2.27 250,00000 255000.00 25007.00 67270LA.0 TAAF56 NR NR MS &16201? &,87021 2.200 250,000.00 255000.00 M.OWW 4561%0029 IMM-AMERICANDUaK 664 Xaa MA &142017 8'142002 1,600 5,07,0007 4,M1 MW 4,07,OT8.0 33610RRP2 rIRSTPREMIERDANK M4 NR NR WIMOIT 8'152002 207 250.77 25570.7 250000.00 "Effective Duration:2.179 1.600 297,677,000.00 296,679,178.48 297,770,200.02 41524:'6.9An96alaEA4pknp 25441..4 m.y6la 11an Tmvsw.h Coat Cerrb6AMa b xwtlon motl1o6251ria 0)n. "BatlEe9-PoNobMay4. Nme1:F-hral ApncWlurolfAon9apa Capromnaec,umaaue:}suW b2aVS.Gaamre,u epencyeluere rolraepe. NopollWa C8,aro ml rabl,Et6 x-FpCY1u4ol. 5 ' T> Treasurer—Tax Collector Peggy Moak, Treasurer-Tax Collector - mss. . _ Treasury Division ■ 25 County Center Drive, Suite 125 T: 530.538.7576 a a Oroville, California 95965-3384 F: 530.538.7648 1 buttecounty.net/ttc TREASURER_TAX COLLECTOR October 16, 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 September 30, 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.buffecounty.net/ft . If you have any questions regarding investment reporting, please feel free to contact me, or Lisa Lam, at 538-7539. Yours truly, I%(.$� 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 Fargo Bank,Trustee 2004 Pension Obligation Bonds Transaction Activity Series A Series B Total Cash With Transaction d Month End Date XXXX1106 XXXXI109 XXXX7140 XXXX1141 XXXX1142 XXXX1143 XXXX1301 XXXX1305 XXXX1307 Fiscal Agent 313172017 Fair Value 1,117.940,25 2,664.44 11.54 6,62 624.27 om 20,796,42 866,750,80 Mat 2,007,722.36 Interest Eamed 472.41 3.58 0.07 2.58 372.01 0.01 850.66 Wire Transfer From Butte County 0.00 Transfer To XXXX1307 0.00 Transfer To X70611301 (20,789.86) (20,709.86) Transfer To XXXXI 140 0100 Transfer To X XK1141 0.01) Transfer To XXXXI 142 0,00 Principal Paid to Bondholder 0.00 Interest Paid to Bondholder (20,716 42) (20.716 42) Tiamfor from MXX1706 0.00 Transfer from X%]01305 20,789.66 20,789.86 413012017 Fair Valu. 1,118,412.66 2,668.02 11.64 6.62 624.34 0.00 20,792.44 846,332.96 19.02 1,987,866.69 Interest Earned 554.26 0.50 0.01 0.12 2.43 427.46 0.01 984.79 Wire Transfer From Butte County 0.00 Transfer To XX7X X07 (454.960.97) M147) Transfer To XXXXI301 (23,237.06) 5) Transfer To XXXXI 140 o Transfer To X)0011147 (834,972.583 58) Transfer To)0(%X1142 0 Transfer To XXXX1£43 (280.000.00) 00) Principal Paid to Bondholder (20.792.44) 4)Interest Paid to Bondholder OTransfer from XXXX1106 634,972.58 280,000.00 58 Transfef ttom XXXX1305 23,237.06 454,980.97 478,21 BA3 513112017 Falr V.lue 3,994.34 2,668.62 11.55 834,978.20 624.46 280,000.00 23,238.49 367.642,38 465.000.00 1,068,048,94 Interest Earned 587.55 0.54 0.07 14.51 I)AS 4.12 369.53 80.56 1.050.98 Wire Trarrefm From Butte County 0.00 Transfer To XXXXI 307 0.00 Transfer To XXXX1301 (24,471.06) (24,471.06) Transfer To 7X06(1140 0.00 Transfer To X7tXX1141 0.00 Transfer To X.07%1142 (4.575.89) (4,575.891 Transfer To XXXXI 143 Uo Principal Paid to Bondholder (260,000.40) (455,000.00) (735,000.00) InIca"t Paid to Bondholder (834 978.20) (23,239.49) 1858.217 69) Transfer from XXXXI 106 4.575.69 4.575.89 Transfer from XXXX1305 24.471.06 24.471.176 6!3012017 Falr Value (0.00) 2,669,06 11.66 14.67 6,206.61 DAB 74,478.18 343,440.66 80.66 376,882.23 Inlerast Earned 0.33 4.42 0.01 0,01 1,55 0.55 223.53 0.05 230.45 Wire Transfer From Butte County 0.00 Tfatu lef To XXXXl307.i 0.00 Transfer To XXXXI 30$ {25.078-86) (25.078.86) Transfer To%7(X7(1140 0.00 Transfer To XXXXI I4£ 0.00 Transfer To XXXXI 142 0.00 Transfer To XXXXI 143 0.00 Principal Paid to Bondholder 0.00 Interest PeEd to Bondholder (24471,015) (24 471.063 Transfer from)0=1100 0.00 Transfer ham XXXX1305 25,07$86 25,078.86 7!3112017 Felr Value 023 2,663.48 11.67 14.62 6,202.06 0.00 26,083.63 318,685.62 80.81 361,841.62 Interest Earned 0.70 0.01 0.01 2.15 3,38 236.45 0.06 242.76 Wire Transfer From Sulle County 2.023.447.60 809,063,55 2,632,511,15 Transfer To XXXX1307 0.00 Transfer To XXXXI 301 (26,886,553 (26.886.55) Transfer To XXXXI 140 0.00 Transfer To XXXXI 141 0.00 Transfer To XXXXI 142 0.00 Transfer To XXXXI 143 0.00 Principal Paid to Bondholder 0.00 Interest Paid to Bondholder (25,078.86) (25.078.66) Transfer from XXXX1106 0.00 Transfer from XXXX1305 26,886.55 26,886.55 833172017 Fair Value 2.023,447.93 2,664.18 11.58 14.53 6,204.21 0.00 26,894.60 1.000,998,87 80.67 3,168,316,67 Interest Eomed 1,457.64 0.73 0.01 0.01 2.30 1.89 81(142 0.06 2273.26 Ore Transfer From Butte County 0.00 Transfer To X7%(%7307 0.00 Transfer To XXXX7301 (26,983.98) (26,983.98) Transfer To X7061140 0.00 Transfer To XXXXI 141 0.00 Transfer To XXXX1142 0.00 Transfer To 706(X7143 0.00 Prindpal Paid to Bondholder 0.00 Interest Paid to Bondholder (26,866.55) (26,886.55) Transfer from XXXXI I DIS 0.00 7roasfer from)0(%X1305 26,983.98 26,983.98 !113012017 Fair Varus 2,024,906.67 2,064.91 11.69 1 14.64 6,206,61 8.00 26,993.92 1 1,074,825.61 1 80.73 3,134,703.38 Sources:1)Wells 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- 8/31/2417 $ 251,509.75 Deposits/Additions 918117 $ 60,536.71 9111117 $ 118.36 9121117 $ 79,162.12 9128117 $ 112,455.87 ACH and Electronic Payments/Subtractions (48,337.78) Withdrawals/Subtractions Disbursements Checks Paid $ (199,941.39) Maintenance Fee 9120117 $ (146.15) Ending Balance-9/30/2017 $ 255,357.49 Source: Umpqua Bank Statement LAIF Regular Monthly Statement Page 1 of 1 Local Agency Investment Fund P.O.Box 942809 www.ti,eiisurer.eii.i!ov/]2mia-laif/inif.ils Sacramento,CA 94209-0001 October 02,2017 (916)653-3001 13u•I-rL:COUNTY CI-111317 DMIU1' TREASURER PMIA Average M011thly Yields 25 COUNTY CENTER DRIVE OROVILLC,CA 95965-3384 Account Number: TI'MI'I'ync DclinitiWl September 2017 Statement Effective Transaction Tran Confirm Dale Date Type Nnrrlher Authorized Caller Amount 9/15/2017 9/15/2017 RW 1548290 COLL1-11 WORSHAM -1,500,000.00 9/22/2017 9/22/2017 RD 1548693 LISA LAM 15,000,000.00 Account Summary Total Deposit: 15,000,000.00 Beginning Balance: 4,413,849.93 Total Withdrawal: -1,500,000.00 I,,nding Balance: 17,913,849.93 https:Hlaifms.treasurer.ca.gov/Regulat-Statement.aspx 10/2/2017 LAW Regular Monthly Statement Page 1 of 1 Local Agency Investment Fund P.O.Box 942809 Sacramento,CA 9A2UI-0001 yvtivw.trcasurer.ca, ovl mia-Istif/IHif.as� October 62,2017 (916)653-3001 BUITF COMMUNITY COLLI.i(!G DISTRICT l3 U'I'I'E COUN'I'Y'I'RLASUIZL'R MIA Average Month€ Y€ciJs 25 COUNTY CENTER DRIVE,SUITE 125 OROVII_LE,CA 95965-3384 Account Number: Tran'I'vne Definitions September 2017 Statement Effective 'Transaction.I ran Confirm Date Date 1.ypc Number Autborixed Caller Amount 9/27/2017 9/2712017 RD 1548973 COLI.7TF WORSHAM 4,000,000.00 Account Summary Total Deposit: 4,000,000.00 Beginning Balance: 44,608,879.63 'rota] Withdrawal: 0.00 finding Balance: 48,608,879.63 https://laifms.treasurer.ca.gov/RegLilarStatement.aspx 10/2/2017 LAI!: Regular Monthly Statement Page 1 of 1 Local Agency Investment Fund P.U.Box 942809 wwiv.treasurer.ca.lovl mia-laifllaif.as Sacramento,CA 94209-0001 Oclober 02,2017 (916)653-3001 PARADISE UNIFIED SCI-100I.DISTRICT 130 l'TL'COUNTY"I'RI:ASUIZ131t PMIA Avcra2e Monthly Yields 25 COUNTY CENTER DRIVE,SUFFE, 125 OROVILLE,,CA 95965 Accoarrt Number: Trwi Tyne Definitions September 2017 Statement Effective "Transaction Tran Confirm Date Date 'Type Number Authorized Caller Amount 9/7/2017 9/7/2017 RW 1547588 COLP ITU WORSIIAM 2,500,000.00 9/27/2017 9/27/2017 RD 1548974 COLJi"I'TE,WORSHAM 4,000,000.00 Account SurnmarV 'total Dcposit: 4,000,000,00 Beginning Balance; 5,722,943.73 Total Withdrawal; -2,500,000.00 finding Balance: 7,222,943.73 https://Iaifms.treasurer.ca.gov/Regulai-Statemeiit.aspx 10/2/2017 LAII± Regular Monthly Statement Page 1 of 1 Local Agency Investment fund P.O.Box 942809 ♦vww.]reasurer.ca. oV/ miH-]Hifllaif.as Sacramento,CA 94209-0001 October 02,2017 (916)653-3001 OROVII..I-E UNION HIGH SCi 1001,DISTKICT 1311171:COUNTY TRI_ASURLR ]'MIA Average Monthly Yields 25 COUNTY CENTER DRIVE,SU['1'i: 125 OROVII.LE,CA 95965-3384 Account Number- "frnill"Xpc Definitions September 2017 Statement Account Summary Total Deposit: 0.00 Beginning Balance: 3,115,939.85 Total Witlidrawal: 0.00 Ending Balance: 3,1 15,939 85 https://Iaifms.treasurer.ca.gov/I2egtilEirStatei,nent.aspx 10/2/2017 LA1F Regular Monthly Statement Page 1 of 1 Local Agency Investment Fund P.O.I3ox 942809 wwYv.treasurer.ca.koy/P.mia-Iaif/Iair.RSI Sacramento,CA 9420-0001 October 02,2017 (916)653-3001 CHICO UNIFIED SCHOOL1]1S'1'121C'1' I3U'1"rc COUNTY'1'RI ASUR6R MIA AYceat[c MORI tlY YiCld'S 25 COUNTY Cl"sN'I'FR DRIVE,SUITE 125 OROVILLE,CA 95965-3384 Accoupit Number: I'rat�"1'�1x 1]efinitinns September 2017 StatemcuI ElTective Transnetion Tran Confirm Date Date 'I.Ype Number Authorized Caller Amount 9/13/2017 9/13/2017 RW 1548010 COLA71713-W0161-JAM -1,000,000.00 Account Summary Total Deposit: 0,00 Beginning Balance: 47,137,162.66 Total Withdrawal: -1,000,000.00 Ending Balance: 46,137,162.66 https:Hiaifms.treasurer.ca.goN,/RegularStatement.aspx 10/2/2017 LAIF Regular Monthly Statement Page 1 of 1 Local Agency Investment Fund P.O.Box 942809 www.treasurer.ca. ovl mia-lnifllaifas Sacramento,CA 94209-0001 October 02,2017 (916)653-3001 BUTTE COUNTY OFFICE OF L'DUCAT[0N BUTTE COUNTY TRGASURFR PMJA Averaze i►xunthly Yields 25 COUNTY CENTER DRIVE,SUITE 125 OROVILL6,CA 95965-3384 Accuuat Number: 7Trm."I'yapc Dormitions September 2017 Stalcment Account Summary Total Deposit• 0.00 Beginning Balance: 3,604,037.85 Total Withdrawal: 0.00 Ending Balance: 3,604,037.85 https://Iaifms.treasurer.ca.gov/]ZcgularStatemcnt.aspx 10/2/2017 CalTRUST Go Gemini Fund Services LLC Investment Account PO Box 541150 Summary tiv, Omaha, NE 68154-9150 09/01/2017 through 09/30/2017 CWTRUST: 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 Sep 30{$) Amount Unrealized Sep SD Gainlfl-oss)($) COUNTY OF BUTTE - CalTRUST Short Term Fund 459.417 10.02 4,603.36 4,603.25 0.11 Portfolios Total value as of 0913012017 4,603.36 DETAIL OF TRANSACTION ACTIVITY Activity Activity Amount Amount Balance Price per Average Realized Description Date {$) in Shares in Shares Share{$} Balance{$) Cost Amt{$) Gainl(Loss)($) CalTRUSY Short Term Fund;.. COUNTY OF BUTTE. Acco_urtt,Num6_er- Beginning Balance 0910112017 458.968 10.02 4,598.66 Accrual Income Div Reinvestment 09/29/2017 4.50 0.449 459.417 10.02 4,603.36 0.00 0.00 Closing Balance as of Sep 30 459.417 10.02 4,603.36 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 PDFr 652986 Page 1 of i nn I„ in *+ rl o p cnm a oul O ih Q Ln M N Ln a' � CLC o U CD ^ I wl Q C % i � O t'7wtiM N ai 4q- Ili � i III f 0O 0 °o a ea �D o Q ., tD ul o0000o ao0 C3 a 6 0 6 v- LL M coo � 00r O " p O �fV M o N uiM #d N �i O Q� 3 a 4-0 CD fli � C ti ox, ~iLn 47 y to u �J In raf0 Q Ol vii 0. N IM c fO E th C O in .c CL O N LL LXI' Oaamu U Its d y In nn nQi 3 CD a` M M Ili. 0 CD 0 44 a1 ~ a M M N O O M y} N N N N Q Gl � � O C :O 0 UJ a� M CD tr) CD o O o 0�0 (Up 0 00 NCD� fn M a L N N N U- I0 k b L a s 'c a v no m o $ r n y m A C) rV O O N Q O to d! rn N w CL p O N O N O N N M 9 0 0 o Q N N I �-I Q� O sO OQmC o o C)rN 0yM O O E ko co 00 u > CL CD •N 9 i 0 M Q O N 9 G O m LO v M �O o O N f] Q H J E uJ C a d g c V C:) o y x W es ICO c 1© LA 00 O m w .nw 10 m 0Im O 'jj 10 Z3 y� cm R to O C 0 r s w� F F cn o o In t= ai H C o='' 0 u Q a aa' u u u d * FIVE STAR BANK County of Butte Date 9/29/17 P 25 County Center Drive, suite 125 Account Numbber 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 morel Call(916)626-5012 to enroll. Bonn= ISM: Public Funds MMA Number of Enclosures 0 Account Number statement Dates 9/01/17 thru 9/30/17 Previous Balance 5,018,463.00 Days in the statement period 30 Deposits/credits .00 Average Ledger 5,018,463 checks/Debits .00 Average Collected 5,018,463 Electronic DR .00 service charge .00 Interest Earned 4,445.93 Interest Paid 4,445.93 Annual Percentage Yield Earned 1.08% Ending-Balance 5,022 908.93 2017 Interest Paid 21 386.31 D _' ® n n D 0 '9 ' jl 9/30 INTEREST PAID 30 DAYS 4,445.93 IE -M '. ^ a r . 9/01 5,018,463.00 9 30 5,022,908.93 8/31 1.05% 9/07 1.08% �^ h y (D b N C(7 47 4 2 fP (Oh N N (C OA OOV p , h hN C C7 �+ (= to fn � O CN+ (O h LI) pO Z O PPO) - c' LCD OO � ccLOco h � a p Q C N Lw E ' O Q- 0 o 0 r .o 0 N O N U m W 'T Qz (hLo - C�OF_ PPm d W(D t , ONN h (O `o YN N� () t c� h N LO CO LL LL U co Go N id m< c ao — �LnM Q) o i w a m m o °' V) c 3 � � � rn o CL TT(MLL c m (a Of O 7 9 p N U E:-'-- ��Q Q *) OP 0 0 0 P P 0 P 4 P Cl D OQ PP O C) j LL P P o O P o :4 — 0 0 0 0 0 } (/y tti000PP C00000 ,0LO0N PP (DLnP Q •L (() C7 V (O N N O `° mC'iCD go koM o�C 0 Oa 000 o o o v 0 0 o 0 0 o 00 o o o 0 o o P- P P O P P.: q o O '14: q N: q P P q q P q q q o o q (n Q C) C7 C7 C7 N 0 O O N P Ln CD C7 0 C] C7 C7 C] C] C] C7 C7 C)LO G O CLI LLq OCL IZC E Ph to P a0 N a to co o y P P P P P dy P C) o o P 0 0 0 0 0 C7 G O O C7 P P O O P = P P P P P {I} P P P P O i„ PP000 M C7 C7 in O N aC] OCO LOP CC7 C] 7 (O N LO M f T (V 0 rn N N "N" E N N R. 0 OIC N R ~ � N CCI fU � N C 0 .1D- Q ;... 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