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14 Attachment 1 -Financial and Investment report September 2023Weighted Average YTM Portfolio Yield on Investments under Management 3.77% Weighted Average Maturity (days)495 This Month Last Month One year ago Portfolio Allocation & Treasurer's Cash Balances $66,196,260 $69,093,001 $62,736,952 Cert. of Participation 2002 Lease Payment Fund Managed Investments $49,276,078 Local Agency Investment Fund $11,138,242 Reconciled Demand Deposit Balances $5,781,940 Portfolio Allocation & Treasurer's Cash Balances $66,196,260 Benchmarks/ References: Town's Average Yield 3.77%3.71%1.80% LAIF Yield for month 3.53%3.43%1.51% 3 mo. Treasury 5.46%5.47%3.29% 6 mo. Treasury 5.55%5.51%3.97% 2 yr. Treasury 5.05%4.87%4.28% 5 yr. Treasury (most recent)4.61%4.26%4.09% 10 Yr. Treasury 4.57%4.11%3.84% Town of Los Gatos Summary Investment Information September 30, 2023 0 - 1 year60% 1 - 2 years 8% 2 - 3 years11% 3 - 5 years 21% Portfolio Maturity Profile Compliance: The Town's investments are in compliance with the Town's investment policy dated February 21, 2023and also in compliance with the requirements of Section 53600 at seq. of the California State Code. Based on the information available, the Town has sufficient funds to meet the cash demands for the next six months. Page 1 ATTACHMENT 1 Month YTD Cash & Investment Balances - Beginning of Month/Period 69,093,000.93$ 78,384,947.79$ Receipts 6,049,493.39 17,050,953.33 Disbursements (8,946,234.68)(29,239,641.48) Cash & Investment Balances - End of Month/Period $66,196,259.64 $66,196,259.64 Portfolio Allocation Amount % of Portfolio Max. % or $ Allowed per State Law or Policy BNY MM $134,420.97 0.22%20% of Town Portfolio US Treasury Notes $17,490,610.47 28.95%No Max. on US Treasuries Government Agency Debenture Notes $17,580,861.65 29.10%No Max. on Non-Mortgage Backed Corporate Medium Term Bonds $14,070,185.01 23.29%30% of Town Portfolio Local Agency Investment Fund $11,138,241.57 18.44%$75 M per State Law Subtotal - Investments 60,414,319.67 100.00% Reconciled Demand Deposit Balances 5,781,939.97 Total Portfolio Allocation & Treasurer's Cash Balances $66,196,259.64 Town of Los Gatos Portfolio Allocation & Treasurer's Cash Balances September 30, 2023 BNY MM0.22% US Treasury Notes28.95% Government Agency Debenture Notes29.10% Corporate Medium Term Bonds23.3% Local Agency Investment Fund18.4% Portfolio Investment Allocation $62.7 M $66.2 M $0.0 M $10.0 M $20.0 M $30.0 M $40.0 M $50.0 M $60.0 M $70.0 M $80.0 M $90.0 M Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Treasurer's Fund Balances Page 2 August 2023 August 2023 August 2023 Beginning Deposits Interest/Ending Balance Realized Gain/Adj.Earnings Withdrawals Balance Non-Treasury Funds: Cert. of Participation 2002 Series A Reserve Fund 701,134.51$ 2,871.01$ 704,005.52$ Note 1 Cert. Of Participation 2010 Ser A Lease Pymt Fund 780.70 3.19 783.89 Note 1 Cert. of Participation 2002 Lease Payment Fund 431.44 1.74 433.18 Note 1 Cert. of Participation 2010 Series Reserve Fund 1,329,825.63 5,860.55 1,335,686.18 Note 2 Total Restricted Funds:2,032,172.28$ -$ 8,736.49$ -$ 2,040,908.77$ CEPPT IRS Section 115 Trust 1,396,058.25 (44,155.59)1,351,902.66$ Grand Total COP's and CEPPT Trust 3,428,230.53$ -$ (35,419.10)$ -$ 3,392,811.43$ These accounts are not part of the Treasurer's fund balances reported elsewhere in this report, as they are for separate and distinct entities. Note 1: The three original funds for the Certificates of Participation 2002 Series A consist of construction funds which will be expended over the next few years, reserve funds which will guarantee the payment of lease payments, and a third fund for the disbursement of lease payments and initial delivery costs. Note 2: The 2010 COP Funds are all for the Library construction, reserves to guarantee lease payments, and a lease payment fund for the life of the COP issue. The COI fund was closed in September 2010. Note 3: The CEPPT Section IRS Section 115 Trust was established as an irrevocable trust dedicated to accumulate resources to fund the Town's unfunded liabilities related to pension and other p Town of Los Gatos Non-Treasury Restricted Fund Balances September 30, 2023 Page 3 July 2023 133,845.42$ August 2023 129,679.93 September 2023 158,361.71 October 2023 - November 2023 - December 2023 - January 2024 - February 2024 - March 2024 - April 2024 - May 2024 - June 2024 - 421,887.06$ Interest by Month Town of Los Gatos Statement of Interest Earned September 30, 2023 Page 4 Town of Los Gatos Investment Schedule September 30, 2023 Market Value Maturity Yield to Interest Interest Interest DaysDepositParOriginalMarketAbove (Under)Purchased Date or Maturity Received Earned Earned toInstitutionCUSIP #Security Coupon Date Value Cost Value Cost Interest Call Date or Call to Date Prior Yrs.Current FY Maturity US Treasury 91282CAP6 US Treasury Note 0.13%6/30/2021 1,000,000.00 995,390.63 998,130.00 2,739.37 10/15/2023 0.33%2,240.44$ 6,520.12$ 821.71$ 15US Treasury 91282CDD0 US Treasury Note 0.38%1/13/2022 1,100,000.00 1,090,675.78 1,095,688.00 5,012.22 10/31/2023 0.85%5,344.27$ 13,599.56$ 2,347.39$ 31 FFCB 3133EKMX1 Gov. Agency Debenture 2.23%8/2/2019 1,000,000.00 1,014,400.00 986,790.00 (27,610.00)2/23/2024 1.90%96,075.83$ 74,902.07$ 4,825.62$ 146FFCB3133EMBE1Gov. Agency Debenture 0.30%10/8/2020 1,600,000.00 1,598,000.00 1,559,744.00 (38,256.00)3/28/2024 0.34%14,253.34$ 14,655.57$ 1,355.09$ 180FFCB3133EMCQ3Gov. Agency Debenture 0.28%10/16/2020 2,000,000.00 1,998,000.00 1,995,880.00 (2,120.00)10/13/2024 0.31%13,953.33$ 16,496.92$ 1,537.71$ 379Apple 037833DB3 Corporate Bond 2.90%12/20/2022 1,300,000.00 1,228,591.00 1,200,576.00 (28,015.00)6/21/2027 4.19%27,437.22$ 28,170.97$ 13,498.59$ 1360Cert. of Participation 2002 Lea437076BM3 Corporate Bond 3.00%8/4/2022 1,000,000.00 991,960.00 948,250.00 (43,710.00)1/1/2026 3.04%19,750.00$ 29,252.66$ 8,155.29$ 824US Treasury 912828ZW3 US Treasury Note 0.25%8/9/2022 350,000.00 322,096.88 321,671.00 (425.88)6/30/2025 3.16%779.89$ 9,366.72$ 2,651.50$ 639IBM 459200JY8 Corporate Bond 3.00%3/25/2021 1,000,000.00 1,071,040.00 983,010.00 (88,030.00)5/15/2024 0.71%64,166.67$ 16,751.96$ 1,863.58$ 228 FFCB 3133EN5V8 Gov. Agency Debenture 4.13%1/17/2023 236,000.00 239,174.20 230,697.08 (8,477.12)1/11/2027 3.76%4,705.25$ 4,016.30$ 2,253.05$ 1199US Treasury 91282CBT7 US Treasury Note 0.75%9/30/2022 800,000.00 712,565.18 723,440.00 10,874.82 3/31/2026 4.14%6,000.00$ 23,165.06$ 7,806.54$ 913FFCB3133ENP95Gov. Agency Debenture 4.25%9/30/2022 900,000.00 900,939.60 884,862.00 (16,077.60)9/30/2025 4.14%38,250.00$ 28,374.86$ 9,562.22$ 731US Treasury 91282CDA6 US Treasury Note 0.25%1/31/2022 1,100,000.00 1,085,222.44 1,100,000.00 14,777.56 9/30/2023 1.07%4,570.74$ 16,417.94$ 2,932.91$ 0 US Treasury 91282CAW1 US Treasury Note 0.25%7/15/2021 1,200,000.00 1,199,437.50 1,192,572.00 (6,865.50)11/15/2023 0.27%5,502.72$ 6,348.21$ 816.83$ 46American Honda 02665WCZ2 Corporate Bond 2.40%11/27/2019 1,000,000.00 1,012,410.01 975,410.00 (37,000.01)6/27/2024 2.12%96,733.34$ 76,483.79$ 5,367.28$ 271JP Morgan Chase 46625HRS1 Corporate Bond 3.20%9/23/2022 500,000.00 474,660.00 470,195.00 (4,465.00)3/15/2026 4.70%11,644.44$ 17,865.15$ 5,869.98$ 897 Honeywell Int'l.438516BW5 Corporate Bond 2.30%11/20/2019 1,000,000.00 1,014,660.00 972,140.00 (42,520.00)7/15/2024 1.64%85,483.33$ 71,679.55$ 5,003.43$ 289Caterpillar Financial Serv 14913Q2V0 Corporate Bond 2.85%2/23/2021 1,000,000.00 1,077,370.00 982,340.00 (95,030.00)5/17/2024 0.44%63,650.00$ 10,677.18$ 1,146.21$ 230FNMA3135G0V75Gov. Agency Debenture 1.75%10/17/2019 1,100,000.00 1,105,833.30 1,069,640.00 (36,193.30)7/2/2024 1.63%71,706.25$ 66,718.86$ 4,540.04$ 276US Bancorp 91159HHV5 Corporate Bond 3.38%12/24/2019 1,000,000.00 1,049,040.00 990,450.00 (58,590.00)1/5/2024 2.12%121,968.75$ 75,978.33$ 5,443.93$ 97 FFCB 3133EKQA7 Gov. Agency Debenture 2.08%10/21/2019 1,000,000.00 1,019,780.00 966,710.00 (53,070.00)9/10/2024 1.66%80,831.11$ 61,888.40$ 4,223.84$ 346FHLB3135G05X7Gov. Agency Debenture 0.38%6/10/2022 1,200,000.00 1,102,952.40 1,097,712.00 (5,240.40)8/25/2025 3.04%5,437.50$ 36,626.55$ 8,752.32$ 695US Treasury 912828ZL7 US Treasury Note 0.38%4/12/2022 1,700,000.00 1,583,927.57 1,576,019.00 (7,908.57)4/30/2025 2.72%6,691.99$ 54,017.06$ 11,192.72$ 578JP Morgan Chase 46625HJT8 Corporate Bond 3.88%9/23/2019 1,400,000.00 1,485,414.00 1,390,060.00 (95,354.00)2/1/2024 2.39%209,163.89$ 130,689.90$ 8,737.99$ 124 US Treasury 912828V23 US Treasury Note 2.25%11/29/2021 1,000,000.00 1,032,933.04 992,030.00 (40,903.04)12/31/2023 0.66%35,706.52$ 10,649.43$ 1,695.07$ 92US Treasury 91282CBE0_2 US Treasury Note 0.13%10/7/2021 1,000,000.00 994,768.98 985,000.00 (9,768.98)1/15/2024 0.36%2,214.67$ 6,137.79$ 894.89$ 107FHLB3130ALH98Gov. Agency Debenture 0.25%2/26/2021 1,000,000.00 997,610.00 978,880.00 (18,730.00)2/26/2024 0.33%6,250.00$ 7,713.30$ 830.94$ 149 FHLB 3130AQF65 Gov. Agency Debenture 1.25%11/30/2022 1,300,000.00 1,160,559.40 1,161,030.00 470.60 12/21/2026 4.15%9,072.92$ 29,385.32$ 12,752.12$ 1178US Treasury 912828U57 US Treasury Note 2.13%7/31/2019 1,000,000.00 1,011,875.00 994,550.00 (17,325.00)11/30/2023 1.84%81,458.33$ 72,526.17$ 4,666.02$ 61US Treasury 912828X70 US Treasury Note 2.20%12/30/2019 1,000,000.00 1,010,589.29 980,390.00 (30,199.29)4/30/2024 1.75%73,703.30$ 68,481.11$ 4,929.78$ 213US Treasury 912828XT2 US Treasury Note 2.00%10/31/2019 1,000,000.00 1,015,667.41 977,230.00 (38,437.41)5/31/2024 1.64%71,639.34$ 60,792.37$ 4,180.04$ 244 American Honda 02665WCQ2 Corporate Bond 3.63%9/14/2021 950,000.00 1,012,871.00 949,601.00 (63,270.00)10/10/2023 0.41%54,143.40$ 7,316.05$ 1,029.17$ 10FFCB3133EJ3Q0Gov. Agency Debenture 2.88%8/28/2019 1,500,000.00 1,587,503.75 1,491,465.00 (96,038.75)12/21/2023 2.12%164,473.96$ 87,804.46$ 5,761.78$ 82US Treasury 91282CBE0 US Treasury Note 0.13%9/15/2021 650,000.00 647,615.46 640,250.00 (7,365.46)1/15/2024 0.28%1,488.12$ 3,281.18$ 462.28$ 107 FHLB 3130APJH9 Gov. Agency Debenture 0.75%1/17/2023 1,000,000.00 907,010.00 901,670.00 (5,340.00)10/28/2026 4.17%2,104.17$ 14,420.85$ 8,089.74$ 1124FFCB3133EN5N6Gov. Agency Debenture 4.00%2/8/2023 1,700,000.00 1,706,732.00 1,648,677.00 (58,055.00)1/6/2028 3.91%27,955.56$ 25,921.64$ 16,794.30$ 1559Freddie Mac 3137EAEX3 Gov. Agency Debenture 0.04%5/1/2023 750,000.00 689,032.50 683,850.00 (5,182.50)156.26 9/23/2025 3.97%(156.26)$ 4,222.09$ 6,473.87$ 724American Honda 02665WED9 Corporate Bond 4.70%5/11/2023 600,000.00 608,856.00 583,122.00 (25,734.00)1/12/2028 4.34%4,778.33$ 3,603.61$ 6,630.64$ 1565 US Treasury 91282CEF4 US Treasury Note 2.50%6/9/2023 1,500,000.00 1,416,626.12 1,393,470.00 (23,156.12)3/31/2027 4.09%11,577.87$ 3,416.23$ 14,966.36$ 1278US Treasury 91282CGA3 US Treasury Note 4.00%6/20/2023 2,100,000.00 2,080,558.59 2,056,530.00 (24,028.59)1,147.54 12/15/2025 4.40%(1,147.54)$ 2,515.25$ 23,140.27$ 807Colgate-Palmolive 194162AR4 Corporate Bond 4.60%7/14/2023 500,000.00 504,655.00 494,610.00 (10,045.00)2/1/2028 4.37%3,002.79$ -$ 4,696.73$ 1585 FannieMae 3135G06G3 Gov. Agency Debenture 0.50%7/14/2023 500,000.00 455,157.00 454,730.00 (427.00)465.28 11/7/2025 4.63%(465.28)$ -$ 4,663.83$ 769FFCB3133EPQC2Gov. Agency Debenture 4.63%7/17/2023 500,000.00 501,957.50 495,405.00 (6,552.50)7/17/2026 4.48%-$ -$ 4,617.76$ 1021FFCB3133EPBM6Gov. Agency Debenture 4.13%7/14/2023 600,000.00 596,220.00 585,246.00 (10,974.00)8/23/2027 4.29%2,681.25$ -$ 5,485.47$ 1423PNC Bank 69353RFJ2 Corporate Bond 3.25%7/25/2023 1,000,000.00 921,490.00 905,030.00 (16,460.00)270.83 12/23/2027 5.23%(270.83)$ -$ 9,228.89$ 1545 US Treasury 91282CFU0 US Treasury Note 4.13%7/31/2023 1,300,000.00 1,290,660.60 1,272,271.00 (18,389.60)13,406.25 10/31/2027 4.31%(13,406.25)$ -$ 9,328.83$ 1492Toyota Motor Credit 89236TKL8 Corporate Bond 5.45%8/25/2023 1,600,000.00 1,617,168.00 1,605,728.00 (11,440.00)25,433.33 11/10/2027 5.16%(25,433.33)$ -$ 8,198.70$ 1502 Subtotal 49,536,000.00$ 49,141,657.13$ 47,942,751.08$ (1,198,906.05)$ 40,879.49$ 1,567,711.35$ 1,298,850.54$ 280,223.25$ BNY MM Money Market 134,420.97 134,420.97 0.00 0.00%1LAIFState Investment Pool 11,138,241.57 10,985,733.86 (152,507.71)3.53%139,864.59 1 $60,414,319.67 $59,062,905.91 ($1,351,413.76)$40,879.49 1,567,711.35$ 1,298,850.54$ 420,087.84$ Matured AssetsPNC Financial 69349LAM0 Corporate Bond 3.80%2/7/2022 1,000,000.00 1,033,470.00 7/25/2023 1.49%55,733.33$ 20,987.56$ 1,032.85$ US Treasury 91282CCN9 US Treasury Note 0.13%1/13/2022 1,200,000.00 1,188,375.00 7/31/2023 0.75%2,323.37$ 13,176.45$ 766.36$ Toyota Motor Credit 89236THA6_1 Corporate Bond 1.35%4/12/2021 500,000.00 510,580.00 8/25/2023 0.45%15,993.75$ 5,065.91$ 350.67$ Toyota Motor Credit 89236THA6 Corporate Bond 1.35%1/11/2022 1,100,000.00 1,107,315.00 8/25/2023 0.94%24,090.00$ 15,144.57$ 1,585.23$ Total Investments "Matured"1,799.21$ Total Interest FY 23_24 Matured and Current 421,887.06$ Maturity Profile Amount Percent0-1 year 35,317,547.69$ 60%1-2 years $5,006,976.85 8% 2-3 years $6,806,830.37 11%3-5 years 12,197,742.32$ 21%$59,329,097.23 Page 5 Security Description Maturity Date Par/Shares Moody Rating S&P Rating Insight ESG Rating Environment Social Governance AMERICAN HONDA FINANCE 3.625% 10OCT2023 10/10/2023 950,000$ A3 A-2 1 3 3 X JPMORGAN CHASE & CO 3.875% 01FEB2024 2/1/2024 1,400,000$ A1 A-3 1 3 4 x US BANCORP 3.375% 05FEB2024 (CALLABLE 05JAN24)2/5/2024 1,000,000$ A3 A 3 3 4 4 x IBM CORP 3.0% 15MAY2024 5/15/2024 1,000,000$ A3 A-2 1 2 3 x CATERPILLAR FIN SERVICES 2.85% 17MAY24 5/17/2024 1,000,000$ A2 A 4 4 3 4 x AMERICAN HONDA FINANCE 2.4% 27JUN2024 6/27/2024 1,000,000$ A3 A-2 1 3 3 x HONEYWELL INTERNATIONAL 2.3% 15AUG2024 (CALLABLE 15JUL24)8/15/2024 1,000,000$ A2 A 4 3 4 3 x HOME DEPOT INC. 3% 01APR2026 (CALLABLE 01JAN2026)4/1/2026 1,000,000$ A2 A 2 2 2 3 x JPMORGAN CHASE & CO 3.2 15JUN2026 (CALLABLE 15MAR2026)6/15/2026 500,000$ A1 A-3 1 3 4 x APPLE INC. 2.9% 12SEP2027 (CALLABLE 12JUN2027)9/12/2027 1,300,000$ Aaa AA+4 1 4 5 x TOYOTA MOTOR CREDIT CORP 5.45% 10NOV2027 11/10/2027 1,600,000$ A1 A+3 2 3 4 x AMERICAN HONDA FINANCE 4.7% 12JAN2028 1/12/2028 600,000$ A3 A-2 1 3 3 x PNC BANK NA 3.25% 22JAN2028 (CALLABLE 01 FEB28)1/22/2028 1,000,000$ A2 A 3 2 3 3 x COLGATE-PALMOLIVE CO 4.6% 01MAR2028 (CALLABLE 01FEB28)3/1/2028 500,000$ Aa3 AA-3 3 3 3 x Total/Average 13,850,000$ 2.9 1.9 3.1 3.5 *ESG ratings are from 1 to 5, with 1 as the highest rating and 5 as the lowest. All ratings are weighted by industry rankings, based on the importance of the category within the individual industry. Town of Los Gatos Insight ESG Ratings as of September 30, 2023 Page 6 Fund Schedule Fund Number Fund Description Current Revenue Current Expenditure Transfer In Transfer Out GENERAL FUND Non-Spendable: Loans Receivable 159,000 - - - - - 159,000 Restricted Fund Balances: Pension 1,400,163 - - - - - 1,400,163 Land Held for Resale 44,338 - - - - - 44,338 Committed Fund Balances: Budget Stabilization 6,129,774 - - - - - 6,129,774 Catastrophic 6,129,775 - - - - - 6,129,775 Pension/OPEB 300,000 - - - - - 300,000 Measure G District Sales Tax 590,581 - - - - - 590,581 Assigned Fund Balances: Open Space 410,000 - - - - - 410,000 Sustainability 140,553 - - - - - 140,553 Capital/Special Projects 10,359,577 - - - - - 10,359,577 Carryover Encumbrances 37,698 - - - - - 37,698 Compensated Absences 1,580,623 - - - - - 1,580,623 ERAF Risk Reserve 689,608 - - - - - 689,608 Council Priorities - Economic Recovery 1,556,614 - - - - - 1,556,614 Unassigned Fund Balances: 111 Other Unassigned Fund Balance Reserve (Pre YE distribution)- (2,199,604) 1,017,592 (2,911,590) - - (4,093,602) General Fund Total 29,528,304 (2,199,604) 1,017,592 (2,911,590) - - 25,434,702 * Interfund transfers and ARPA funding allocation to be performed as part of the fiscal year end closing entries. ** Interfund transfers to be performed as part of the fiscal year end closing entries. Sep 2023 Prior Year Carryforward 7/1/2023* Increase/ (Decrease) July - August Estimated Fund Balance 9/30/2023** Page 7 Fund Schedule Fund Number Fund Description Current Revenue Current Expenditure Transfer In Transfer Out SPECIAL REVENUE 211/212 CDBG 166,653 - - - - - 166,653 222 Urban Runoff (NPDES)629,843 1,845 - (15,367) - - 616,322 231-236 Landscape & Lighting Districts 176,964 (2,520) - (3,558) - - 170,886 241 ARPA - - - -- - - 251 Los Gatos Theatre 74,991 10,842 5,514 (15,259) - - 76,088 711-716 Library Trusts 530,173 (12,355) 87,300 (1,543) - - 603,575 Special Revenue Total 1,578,624 (2,188) 92,814 (35,727) - - 1,633,524 CAPITAL PROJECTS 411 GFAR - General Fund Appropriated Reserve 21,725,837 (163) 8,000 (1,714,695) - - 20,018,979 421 Grant Funded Projects (406,890) 471,046 - (167,604) - - (103,448) 461-463 Storm Basin Projects 3,218,331 10,631 31,615 - - - 3,260,577 471 Traffic Mitigation Projects 431,079 - 4,175 (4,175) - - 431,079 472 Utility Undergrounding Projects 3,438,996 - - - - 3,438,996 481 Gas Tax Projects 1,671,245 168,134 - (367,232) - - 1,472,147 Capital Projects Total 30,078,598 649,648 43,790 (2,253,706) - - 28,518,330 INTERNAL SERVICE FUNDS 611 Town General Liability 212,022 (992,484) - (16,541) - - (797,003) 612 Workers Compensation 514,813 (319,546) - (4,599) - - 190,668 621 Information Technology 2,474,618 (387,365) 10,079 (19,866) - - 2,077,466 631 Vehicle & Equipment Replacement 2,413,719 1,460 - (26,035) - - 2,389,144 633 Facility Maintenance 927,699 (61,081) 5,933 (119,621) - - 752,930 Internal Service Funds Total 6,542,871 (1,759,016) 16,012 (186,662) - - 4,613,205 Trust/Agency 942 RDA Successor Agency (6,187,789) (1,671,877) - (127) - - (7,859,793) Trust/Agency Fund Total (6,187,789) (1,671,877) - (127) - - (7,859,793) Total Town 61,540,608 1,170,208 (5,387,812) - - 52,339,968 * Interfund transfers and ARPA funding allocation to be performed as part of the fiscal year end closing entries. ** Interfund transfers to be performed as part of the fiscal year end closing entries. Deposit Accounts of Interest: 111-23541 General Plan Update deposit account balance $950,229.66 111-23521 BMP Housing deposit account balance $4,021,280.60 Prior Year Carryforward 7/1/2023* Increase/ (Decrease) July - August Sep 2023 Estimated Fund Balance 9/30/2023** Page 8