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CITY OF TUKWILA
<br />Policy Compliance & Liquidity Analysis
<br />CASH & INVESTMENT REPORT
<br />March 31, 2017
<br />Liauiditv Reauirements and Funds Available for Investina:
<br />Funds immediately available $ 78,659,547
<br />Restrictions & designations:
<br />Operating liquidity (a) 14,000,000
<br />Liquidity threshold 14,000,000
<br />Funds available for longer term investing $ 64,659,547
<br />(a) Represents largest one month decline in portfolio balance over the most recent 36 month period doubled; or the
<br />equivalent of a 100% cushion.
<br />IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII
<br />As of Report Date
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<br />Available
<br />Available Available in
<br />Portfolio
<br />Portfolio
<br />Within 1 Year
<br />Within 5 5 - 10 Years
<br />Liquidity Analysis & Maturity Diversification
<br />Amount
<br />% of Total
<br />Years
<br />Funds immediately available
<br />$ 78,659,547
<br />$ 78,659,547
<br />$ 78,659,547
<br />Fixed Maturity Investments, maturing in:
<br />Yes
<br />Washington State Treasurer
<br />18,066,946
<br />0 -90 days after Report Date
<br />1,250,508
<br />Yes
<br />Opus Bank
<br />91 -180 days after Report Date
<br />2,507,915
<br />50.0%
<br />Yes
<br />181 -270 days after Report Date
<br />525,627
<br />15.3%
<br />50.0%
<br />271 -360 days after Report Date
<br />-
<br />3,208,618
<br />3.4%
<br />Investments maturing in 1 year or less
<br />4,284,050
<br />4,284,050
<br />4,284,050
<br />Investments maturing in 1 -3 years
<br />8,742,687
<br />Yes
<br />8,742,687
<br />Investments maturing in 3 -5 years
<br />1,579,223
<br />1,579,223
<br />Investments maturing in 5 -7 years
<br />-
<br />POLICY
<br />Investments maturing in 7 -10 years
<br />-
<br />Amount
<br />% of Total
<br />Investments maturing in more than 1 year
<br />10,321,911
<br />Depository
<br />21,346,654
<br />and less than 10 years.
<br />insured by PDPC
<br />Yes
<br />State Investment Pool
<br />TOTALS
<br />$ 93,265,508
<br />$ 82,943,597
<br />$ 93,265,508 $
<br />Money market
<br />39,245,947
<br />89%
<br />100% 0%
<br />Investment Policy Parameters
<br />POLICY LIMIT
<br />PORTFOLIO
<br />Policy Met?
<br />Funds available within 1 year
<br />30.0%
<br />min 89%
<br />Yes
<br />Funds available within 5 years
<br />80.0%
<br />min 100%
<br />Yes
<br />Funds available in 5- 10 years
<br />20.0%
<br />max 0%
<br />Yes
<br />Liauiditv Reauirements and Funds Available for Investina:
<br />Funds immediately available $ 78,659,547
<br />Restrictions & designations:
<br />Operating liquidity (a) 14,000,000
<br />Liquidity threshold 14,000,000
<br />Funds available for longer term investing $ 64,659,547
<br />(a) Represents largest one month decline in portfolio balance over the most recent 36 month period doubled; or the
<br />equivalent of a 100% cushion.
<br />IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII
<br />IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII
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<br />Portfolio
<br />POLICY
<br />Policy
<br />Financial Institution Diversification
<br />Amount
<br />% of Total
<br />MAXIMUM
<br />Met?
<br />US Bank
<br />$ 21,346,654
<br />22.9%
<br />50.0%
<br />Yes
<br />Washington State Treasurer
<br />18,066,946
<br />19.4%
<br />75.0%
<br />Yes
<br />Opus Bank
<br />25,002,569
<br />26.8%
<br />50.0%
<br />Yes
<br />Columbia Bank
<br />14,243,379
<br />15.3%
<br />50.0%
<br />Yes
<br />Sound Community Bank
<br />3,208,618
<br />3.4%
<br />50.0%
<br />Yes
<br />Other financial institutions
<br />11,397,342
<br />12.2%
<br />50.0%
<br />Yes
<br />Total
<br />$ 93,265,508
<br />100.0%
<br />Portfolio
<br />POLICY
<br />Policy
<br />Investment Mix
<br />Amount
<br />% of Total
<br />MAXIMUM
<br />Met?
<br />Depository
<br />21,346,654
<br />22.9%
<br />insured by PDPC
<br />Yes
<br />State Investment Pool
<br />18,066,946
<br />19.4%
<br />75.0%
<br />Yes
<br />Money market
<br />39,245,947
<br />42.1%
<br />insured by PDPC
<br />Yes
<br />Certificate of Deposit
<br />3,458,618
<br />3.7%
<br />insured by PDPC
<br />Yes
<br />US Agency
<br />7,996,812
<br />8.6%
<br />75.0%
<br />Yes
<br />Municipal Bonds
<br />3,150,530
<br />3.4%
<br />no limit specified in policy
<br />Yes
<br />Total
<br />93,265,508
<br />100.0%
<br />Weighted Average Maturites:
<br />Years
<br />Performance Analysis
<br />Certificates of deposit
<br />1.9
<br />Current portfolio yield
<br />0.87%
<br />Benchmarks:
<br />Municipal bonds
<br />7.4
<br />6 month treasury
<br />0.91%
<br />Total Investments
<br />3.1
<br />2 year treasury
<br />1.27%
<br />Total Portfolio
<br />F 0.5
<br />Local Govt Invst Pool
<br />(f) 0.51%
<br />POLICY MAXIMUM
<br />3.5
<br />Policy Met?
<br />Yes
<br />Note: Cash and cash equivalents are available within one day and are factored
<br />into the Total Portfolio weighted average maturity.
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