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Cityof <br />Louisville <br />COLORADO • SINCE 1878 <br />FINANCE COMMITTEE <br />COMMUNICATION <br />SUBJECT: <br />DATE: <br />CASH & INVESTMENTS AT SEPTEMBER 30, 2014 <br />OCTOBER 21, 2014 <br />PRESENTED BY: KEVIN WATSON, FINANCE DEPARTMENT <br />SUMMARY: <br />Attached is the September 30, 2014 monthly report from Chandler Asset Management, <br />the City's Investment Advisor. As of September 30, total cash and investments <br />amounted to $47.4 million, similar to the balance at August 31. The average rate of <br />return on all cash and investments was approximately 0.36% during September 2014. <br />The following chart summarizes the distribution of all cash and investments for <br />December 2013 through September 2014. <br />60,000,000 <br />50,000,000 <br />40,000,000 <br />30,000,000 <br />20,000,000 <br />10,000,000 <br />Cash & Investment Balances <br />tit, 7 ti~p eN r tiN N. oN.. ��1� o�ti tiN r ti�7 o1, 7 yN v 0��4 ti�tia <br />■ Cash Accounts <br />■ Cert of Deposit <br />▪ Irtv25t meet Pods <br />• Dom SecunDes <br />Staff is expecting a continuing downward trend of cash balances during the remainder <br />of 2014. Therefore, the balances in the cash accounts and the local government <br />investment pools have been expanded to provide the necessary liquidity. <br />Scott Prickett, Chandler Asset Management, the City's Investment Advisor, will be <br />at the meeting to update the Committee on issues impacting the City's <br />investments. <br />FINANCE COMMITTEE COMMUNICATION <br />8 <br />