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GENERAL MANAGER <br />Jim Friedl <br />TO: Board of Directors <br />From: Loretta Massie, Accounting Supervisor <br />Date: November 6, 2014 <br />Subject: Investment Report for July & August 2014 <br />BOARD OF DIRECTORS <br />Joe Gibson, Chair <br />Ed Jones, Vice Chair <br />George Lange, Director <br />Susan L. Holt, Director <br />Chuck Huffer, 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 District <br />Investment Policy adopted March 6, 2014. This report and the summary of investments attached contain the <br />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 Code, <br />State of California. Investments are made in a manner that provides the highest investment return with the <br />maximum security. <br />At all times, over 98% of the district cash is maintained in some type of interest bearing investment. Currently, <br />investments are pooled cash funds that allow maximum liquidity to meet the daily cash flow demands of the <br />district. <br />The Average invested balance for the month of July 2014 was $31,754,018 and for August was $30,466,049. The <br />average rate of return for July was .466% and the rate for August was .368% and approximate earnings totaled <br />$12,577 for July and $9,534 for August. <br />403 West Hillcrest Drive I Thousand Oaks, CA 91360-4223 <br />(805) 495-6471 FAX: (805) 497-3199 Email: parks@crpd.org <br />