Laserfiche WebLink
wi Cityl�r <br />Louisville: <br />COLORADO • SINCE 1878 <br />FINANCE COMMITTEE <br />COMMUNICATION <br />SUBJECT: <br />DATE: <br />CASH & INVESTMENTS AT MARCH 31, 2014 <br />APRIL 21, 2014 <br />PRESENTED BY: KEVIN WATSON, FINANCE DEPARTMENT <br />SUMMARY: <br />Attached is the March 31, 2014 report from Davidson Fixed Income Management, the <br />City's Investment Advisor. <br />As of March 31, total cash and investments amounted to $47.7 million, an increase of <br />approximately $100,000 from February 28. The average rate of return on all cash and <br />investments was approximately 0.38% during March 2014. <br />The following chart summarizes the distribution of all cash and investments for <br />December 2013 through March 2014. <br />60,000,000 <br />50,000,000 <br />40,1000,000 <br />3 07000, 00 0 <br />20,000,000 <br />10,000,000 <br />Cash & Investment Balances <br />■ cash ,7wcounts <br />■cert of Eepsit <br />• Invest rent Rcrois <br />■Govt sE v �aties <br />II1 <br />t. <br />Scott Prickett, Davidson Fixed Income Management, the City's Investment <br />Advisor, will be at the meeting to update the Committee on various issues related <br />to the City's investments. <br />FINANCE COMMITTEE COMMUNICATION <br />6 <br />