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HomeMy WebLinkAbout072021-06.2 TO: Mayor and Town Council SUBJECT: May 2021 Month End Treasurer's Report BACKGROUND July 20, 2021 The California Government Code and the Town of Danville's Investment Policy require that a report specifying the investment activity during the month, as well as the month-end investment balances, be prepared and presented to the Town Council on a monthly basis. DISCUSSION Beginning and Ending Cash and Investment Balances for the month of May 2021: Cost Basis Market Value April 30, 2021 May 31, 2021 April 30, 2021 May 31, 2021 Town Funds $91,833,988 $93,049,428 $93,094,389 $94,324,083 Trust Funds 1,204,601 1,065,885 1,204,601 1,065,885 Assessment & SA 1,707,209 1,692,237 1,706,443 1,691,187 Total Cash & Investments $94,745,798 $95,807,550 $96,005,433 $97,081,155 Total Cash & Investments Year-to-Year Comparison 2020 $82,857,014 $84,475,321 $84,832,079 $86,523,099 Purchases for the month of May 2021consisted of one Amazon.com Inc Callable Note for $569,168 (maturity date May 12, 2024), one Caterpillar Financial Service Note for $903,787 (maturity date May 17,2024) and one U.S. Treasury Note for $1,246,094 (maturity date May 15, 2024). There were no purchases for the NERIAD Fund for the month of May 2021. Maturities for the month included one Federal Home Loan Mortgage Corporation Note for $1,498,245 and one Blackrock Inc Note for $1,035,570. Sales before maturities for the month included one John Deere Owner Trust 2019-B A3 (partial) for $26,469.73, one Honda Auto Receivables Trust 2018-2 A3 (partial) for ADMINISTRATIVE STAFF REPORT 6.2