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Conejo Recreation & Park District <br />GENERAL MANAGER BOARD OF DOREC T ORS <br />Jim Friedl Chuck Huffer, Chair <br />George M. Lange, Vice Chair <br />Nellie Cusworth, Director <br />Doug Nickles, Director <br />Marissa Buss, Director <br />GENERAL MANAGER EMERITUS <br />DATE: September 7, 2023 Tex Ward <br />TO: Board of Directors <br />FROM: Loretta Massie, Accounting Supervisor <br />SUBJECT: Investment Report for May 2023 <br />This report of investments is submitted in accordance with section 5.0 of the Conejo Recreation & Park <br />District Investment Policy adopted November 03, 2022. This report and the summary of investments <br />attached contain the required elements which include: <br />Type of Investment 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 2023 was $36,503,159.00. The average rate of <br />return for May 2023 was 3.449% and approximate earnings totaled $106,942.00. <br />ADMINISTRATIVE OFFICES <br />403 West Hillcrest Drive, Thousand Oaks, CA 91360-4223 <br />805-495-6471 1 Fax: 805-497-3199 1 parks@crpd.org I www.crpd.org <br />