Laserfiche WebLink
GENERAL MANAGER <br />Jim Friedl <br />TO: <br />From: <br />Date: <br />Subject: <br />Conejo Recreation & Park District <br />Board of Directors <br />Loretta Massie, Accounting Supervisor <br />January 19, 2017 <br />Investment Report for October 2016 <br />BOARD OF DIRECTORS <br />George M. Lange, Chair <br />Susan L. Holt, Vice Chair <br />Joe Gibson, Director <br />Ed Jones, 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 February 18, 2016. 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, State of <br />California. Investments are made in a manner that provides the highest investment return with the 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 district. <br />The average invested balance for the month of October 2016 was $34,650,445.00. The average rate of return for <br />October was .927% and approximate earnings totaled $27,273.00. <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 />