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Conejo Recreation & Park District <br />GENERAL MANAGER <br />Jim Friedl <br />DATE: September 5, 2019 <br />TO: Board of Directors <br />FROM: Loretta Massie, Accounting Supervisor <br />SUBJECT: Investment Report for May & June 2019 <br />UIM <br />BOARD OF DIRECTORS <br />Chuck Huffer, Chair <br />George M. Lange, Vice Chair <br />Susan L. Holt, Director <br />Nellie Cusworth, Director <br />Doug Nickles, Director <br />GENERAL. MANAGER EMERITUS <br />Tex Ward <br />This report of investments is submitted in accordance with section 5.0 of the Conejo Recreation & Park <br />District Investment Policy adopted February 21, 2019. This report and the summary of investments <br />attached contain the required elements which include: <br />Type of Investment <br />Institution the investment is made with <br />Maturity date <br />Amount of investment <br />Rate of interest <br />Approximate accrued interest <br />All investments are made in compliance with the laws set forth in the 53600 series of the Government <br />Code, State of California. Investments are made in a manner that provides the highest investment return <br />with the maximum security. <br />At all times, over 98% of the district cash is maintained in some type of interest bearing investment. <br />Currently, investments are pooled cash funds that allow maximum liquidity to meet the daily cash flow <br />demands of the district. <br />The average invested balance for the month of May 2019 was $36,952,167.00. The average rate of <br />return for May 2019 was 2.668 % and approximate earnings totaled $83,728.00. <br />The average invested balance for the month of June 2019 was $35,713,075. The average rate of return <br />for June 2019 was 2.685 % and approximate earnings totaled 78,810.00. <br />ADMINISTRATIVE OFFICES <br />403 West Hillcrest Drive • Thousand Oaks, CA 91360-4223 <br />(805) 495-6471 • FAX: (805) 497-3199 • Email: parks@crpd.org • Website: www.crpd.org <br />