HomeMy WebLinkAbout2025-Q1 Investment PortfolioOverview of portfolio 1
Portfolio detail 2
Maturities and outlook 3
Portfolio performance against benchmarks 4
Cash and investments by fund 5
PDPC report 6
Most recent report (2/28/2025)
Investment emerging issues
Today's agenda
by Nate Malone, Budget & Accounting Manager
Finance
Department
Investment Activity Report
Quarter Ended March 31st, 2025
Presented to the Investment Advisory Committee
Overview of Main Portfolio
Blended1 Core2
60 60
13 29
Blended1 Core2
3.85% 3.50%
1 Blended = Liquid (Cash+LGIP) plus Core Portfolio
2 Core = Main investments of the city defined maturities (fire pension is excluded)
Current %
Blended
Allowed by
policy
Current Portfolio
(principal value)
9%N/A $ 43,227,082
19%100%86,961,602$
47%75%212,441,281$
19%75%85,478,422$
6%75%27,028,128$
0%25%-$
CORE PORTFOLIO INVESTMENTS 100%455,136,515$
Fire Pension Portfolio 356,701$
TOTAL CASH AND INVESTMENTS 455,493,216$
*Excluding cash the portfolio distribution is 51.6% LGIP, 21.1% US Treasury, 20.7% Agency Securities and 6.6% CDs 0.211118259
By Institution Current %
Blended
Allowed by
policy
Current Portfolio
(principal value)Maturity Date APY
Weighted
Yield
Blended
Current
Principal
Balance
Cash US Bank - Cash 9%N/A 43,227,082 overnight 2.75% 0.26%43,227,082
US Treasury Securities*
421259B TREASURY 9,722,266 6/30/2025 1.05% 0.02%
421259A TREASURY 9,746,094 11/30/2025 1.01% 0.02%
425269A TREASURY 4,918,555 1/31/2026 4.23% 0.05%
424269A TREASURY 5,064,325 7/31/2026 3.64% 0.04%
324269A TREASURY 4,715,039 11/30/2026 4.17% 0.04%
424279A TREASURY 4,969,922 1/15/2027 4.22% 0.05%
424279B TREASURY 4,763,281 2/28/2027 4.13% 0.04%
423279A TREASURY 4,891,016 6/30/2027 3.83% 0.04%
424289B TREASURY 4,509,961 1/31/2028 4.11% 0.04%
423289A TREASURY 4,445,313 3/31/2028 3.77% 0.04%
423289B TREASURY 4,482,700 4/30/2028 3.85% 0.04%
423289C TREASURY 4,950,084 8/15/2028 3.86% 0.04%
425289A TREASURY 4,976,016 9/30/2028 4.42% 0.05%
424289A TREASURY 5,047,656 12/31/2028 3.51% 0.04%
324299E TREASURY 4,960,938 10/31/2029 4.18% 0.05%
425309A TREASURY 4,798,438 3/31/2030 4.50% 0.05%Local Government Investment Pool3920State Investment Pool 47%75%212,441,281 4/1/2025 4.40% 2.05%212,441,281
US Federal Agency Securities*
320259A FHLB 9,980,200 9/12/2025 0.42% 0.01%FHLB 5,018,520 6/8/2029 4.54% 0.05%FHLB 2,062,040 3/10/2028 3.79% 0.02%FHLB 4,995,350 6/9/2028 4.02% 0.04%FHLB 5,015,200 2/15/2029 4.10% 0.05%
321259A FHLB 5,044,875 12/10/2027 4.05% 0.04%
323269A FHLB 5,018,200 3/13/2026 3.99% 0.04%
322269B FNMA 4,722,663 4/24/2026 3.90%0.04%
322269A FNMA 4,672,300 9/24/2026 3.54%0.04%
323269B FNMA 5,386,082 5/15/2029 4.50%0.05%
324279B FNMA 4,390,625 10/8/2027 4.70%0.05%
323279B FNMA 4,191,075 11/15/2027 3.85%0.04%12/10/2027 405%004%323289A FFCB 4,986,918 10/22/2026 3.96%0.04%FFCB 5,000,000 5/6/2027 4.75%0.05%
FFCB 4,975,050 7/14/2027 4.00%0.04%
323289B FFCB 5,071,825 12/20/2029 3.57% 0.04%
324299A FHLMC 1% 50%
4,947,500 9/23/2025 0.64% 0.01%4,947,500 Certificates of Deposit
124274A First Savings Bank Northwest 5,853,567 8/16/2027 4.66% 0.06%
122254A First Savings Bank Northwest 5,623,397 8/16/2025 2.40%0.03%
123284A First Savings Bank Northwest 5,551,164 11/1/2028 4.50% 0.05%
124294A First Savings Bank Northwest 10,000,000 8/8/2029 4.31% 0.09%
Fire Pension Portfolio*
US Treasury Strip 356,701 Multiple 5.60% 0.00%356,701
Commercial Paper
none 0%5%- -
455,493,216$ 455,493,216$
20,033,793
23,362,745 5%50%
6%20%27,028,128
TOTAL CASH & INVESTMENTS
*Held in our safekeeping account at Principal Financial
8%50%37,134,385
4%50%
Commercial Paper
19%100%86,961,602
By Type
Cash
US Treasury Securities
Local Government Investment Pool
US Federal Agency Securities (GSE)
Certificates of Deposit
March 31, 2025
Weighted Average Maturity
excluding fire pension
Duration allowed by policy
Current Duration (in months)
Weighted Average Yield
excluding fire pension
Current
Cash
9%
US Treasury 19% LGIP
47%
GSE's 19%
CD's 6%
Distribution by Type
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
4.50%
RENTON CORE RENTON BLENDED SIP FED FUNDS
RATE
2Y TREAS
3.50%3.85%
4.40%4.33%3.97%
How do we compare?
(see performance measures)
City of Renton Investment Report Q1 2025 Page 1
City of Renton Investment Portfolio
Liquid Portfolio
Inv #Institution Instrument Settlement
Date Maturity Date Effective Rate Weighted Yield
Weighted
Average #
Days
Principal
CASH US Bank CASH 3/31/2025 4/1/2025 2.75%0.0046 0.2 43,227,082$
3920 State Investment Pool LGIP 3/31/2025 4/1/2025 4.40%0.0366 0.8 212,441,281$
TOTALS 4.12%1 255,668,362
WAY days
(Princ/Total)xYTM (Princ/Total)xDays to Maturity
Core Portfolio (Cost/Total)xCoupon (Cost/Total)xDays
Inv #Institution Instrument Settlement
Date Maturity Date YTM/APY Weighted Yield
Weighted
Average #
Days
Cost Amount
421259B TREASURY US TREASURY 12/15/2021 6/30/2025 1.05%0.0005 4 9,722,266
122254A First Savings Bank NW CD 8/29/2022 8/16/2025 2.40%0.0007 4 5,623,397
320259A FHLB AGENCY 9/11/2020 9/12/2025 0.42%0.0002 8 9,980,200
321259A FHLMC AGENCY 8/23/2021 9/23/2025 0.64%0.0002 4 4,947,500
421259A TREASURY US TREASURY 10/27/2021 11/30/2025 1.01%0.0005 12 9,746,094
425269A TREASURY US TREASURY 1/13/2025 1/31/2026 4.23%0.0010 8 4,918,555
323269A FHLB AGENCY 3/28/2023 3/13/2026 3.99%0.0010 9 5,018,200
322269B FNMA AGENCY 12/15/2022 4/24/2026 3.90%0.0009 9 4,722,663
424269A TREASURY US TREASURY 10/2/2024 7/31/2026 3.64%0.0009 12 5,064,325
322269A FNMA AGENCY 6/15/2022 9/24/2026 3.54%0.0008 13 4,672,300
323269B FFCB AGENCY 5/22/2023 10/22/2026 3.96%0.0010 14 4,986,918
324269A TREASURY US TREASURY 11/8/2024 11/30/2026 4.17%0.0010 14 4,715,039
424279A TREASURY US TREASURY 2/9/2024 1/15/2027 4.22%0.0011 16 4,969,922
424279B TREASURY US TREASURY 12/11/2024 2/28/2027 4.13%0.0010 17 4,763,281
324279A FFCB AGENCY 5/24/2024 5/6/2027 4.75%0.0012 19 5,000,000
423279A TREASURY US TREASURY 5/23/2023 6/30/2027 3.83%0.0009 20 4,891,016
323279A FFCB AGENCY 2/10/2023 7/14/2027 4.00%0.0010 21 4,975,050
124274A First Savings Bank NW CD 8/16/2024 8/16/2027 4.66%0.0014 25 5,853,567
324279B FNMA AGENCY 5/24/2024 10/8/2027 4.70%0.0010 20 4,390,625
323279B FNMA AGENCY 3/28/2023 11/15/2027 3.85%0.0008 20 4,191,075
322279A FHLB AGENCY 11/23/2022 12/10/2027 4.05%0.0010 25 5,044,875
424289B TREASURY US TREASURY 12/11/2024 1/31/2028 4.11%0.0009 23 4,509,961
323289A FHLB AGENCY 5/22/2023 3/10/2028 3.79%0.0004 11 2,062,040
423289A TREASURY US TREASURY 5/23/2023 3/31/2028 3.77%0.0008 24 4,445,313
423289B TREASURY US TREASURY 12/21/2023 4/30/2028 3.85%0.0009 25 4,482,700
323289B FHLB AGENCY 6/21/2023 6/9/2028 4.02%0.0010 29 4,995,350
423289C TREASURY US TREASURY 12/21/2023 8/15/2028 3.86%0.0010 31 4,950,084
425289A TREASURY US TREASURY 1/13/2025 9/30/2028 4.42%0.0011 32 4,976,016
123284A First Savings Bank NW CD 11/2/2023 11/1/2028 4.50%0.0013 36 5,551,164
424289A TREASURY US TREASURY 10/2/2024 12/31/2028 3.51%0.0009 35 5,047,656
324299A FHLB AGENCY 2/15/2024 2/15/2029 4.10%0.0010 36 5,015,200
324299C FNMA AGENCY 5/24/2024 5/15/2029 4.50%0.0012 41 5,386,082
324299B FHLB AGENCY 5/24/2024 6/8/2029 4.54%0.0011 38 5,018,520
124294A First Savings Bank NW CD 8/8/2024 8/8/2029 4.31%0.0022 80 10,000,000
324299E TREASURY US TREASURY 11/8/2024 10/31/2029 4.18%0.0010 42 4,960,938
324299D FFCB AGENCY 10/2/2024 12/20/2029 3.57%0.0009 44 5,071,825
425309A TREASURY US TREASURY 1/13/2025 3/31/2030 4.50%0.0011 44 4,798,438
Core Portfolio 3.50%2.41 199,468,152$
Maturing/Callable in next quarter WAY years
New since last quarter MV/(TotalxYTM) MV/(TotalxDays to
Mat)/360
Total Overnight + Main Portfolio 0.038466261 1.06 455,136,515$
WAY years
MV/(TotalxYTM) MV/(TotalxDays to
Mat)/360
Fire Pension Portfolio (Maturity - Settlement)(Cost/Total)xCoupon (Cost/Total)xDays
Inv #Instrument CUSIP Settlement
Date Maturity Date Coupon Weighted Yield
Weighted
Average #
Days
Cost Basis
4286 US TREAS STRIP 912803BF9 11/15/2003 8/15/2025 5.60%0.0560 137 356,701
Total Portfolio 5.60%0 356,701$
WAY years
(Cost/Total)xCoupon ((Cost/Total)xDays to Maturity)/360
Fund 611 receives a proportionate share of the interest revenue from liquid and core portfolios as described above
(monthly); interest revenue for pension maturities are recorded upon receipt; accrued interest is recorded only in the 14th
period for financial statements.
Interest from State Investment Pool allocated to funds based on cash position, monthly.
Earnings credit on cash recorded to funds based on cash position, annually.
City of Renton Investment Report Q1 2025 Page 2
Maturities and Outlook
Outlook: Core Portfolio Pending Maturities
0-6 months 6-12 months 1-2 years 2-3 years 3-5 years Total
30,273,362$ 19,682,848$ 33,894,447$ 40,918,209$ 74,699,286$ 199,468,152$
1.13%3.08%3.94%4.19%4.12%Average YTM
$30,273,362
$19,682,848
$33,894,447
$40,918,209
$74,699,286
$-
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
$60,000,000
$70,000,000
$80,000,000
0-6 months 6-12 months 1-2 years 2-3 years 3-5 years
Pending Maturities
(excluding overnight and pension portfolio)
City of Renton Investment Report Q1 2025 Page 3
Portfolio Performance Against Benchmarks
5 year trend (blended)
Period Renton CORE Renton BLENDED SIP Fed Funds Rate 2Y TREAS
March 2020 1.85%1.16%1.29%0.65%0.45%
June 2020 1.87%0.73%0.37%0.08%0.19%
September 2020 1.48%0.62%0.21%0.09%0.13%
December 2020 1.30%0.53%0.16%0.09%0.14%
March 2021 0.88%0.41%0.11%0.07%0.15%
June 2021 0.88%0.41%0.08%0.08%0.20%
September 2021 0.84%0.39%0.09%0.08%0.24%
December 2021 0.84%0.35%0.09%0.08%0.68%
March 2022 0.94%0.45%0.23%0.20%1.91%
June 2022 1.16%0.85%1.01%1.21%3.00%
September 2022 1.37%1.60%2.56%2.56%3.86%
December 2022 1.56%2.33%4.12%4.10%4.29%
March 2023 1.91%3.29%4.77%4.65%4.30%
June 2023 2.31%3.56%5.20%5.08%4.64%
September 2023 2.45%3.67%5.39%5.33%5.02%
December 2023 2.72%3.92%5.43%5.33%4.46%
March 2024 2.96%4.28%5.41%5.33%4.59%
June 2024 3.17%4.31%5.40%5.33%4.74%
September 2024 3.27%4.24%5.23%5.13%3.62%
December 2024 3.43%3.89%4.60%4.48%4.23%
March 2025 3.50%3.85%4.40%4.33%3.97%
"Blended" portfolio includes cash and State Investment Pool
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
Renton CORE Renton BLENDED SIP Fed Funds Rate 2 Year Treasury Linear (Renton CORE)
City of Renton Investment Report Q1 2025 Page 4
Cash Investments by Fund
(year over year comparison)
Fund Name Cash Investments Total C & I Cash Investments Total C & I % chg
GENERAL 111,863,602$ -$ 111,863,602$ 96,558,456$ -$ 96,558,456$ 16%
COMMUNITY SERVICES 2,564,976$ -$ 2,564,976$ 1,619,970$ -$ 1,619,970$ 58%
STREETS 4,602,893$ -$ 4,602,893$ 4,506,200$ -$ 4,506,200$ 2%
MUSEUM 103,923$ -$ 103,923$ 10,981$ -$ 10,981$ 846%
ECONOMIC DEVELOPMENT RESERVE 2,814,942$ -$ 2,814,942$ 2,714,135$ -$ 2,714,135$ 4%
LEASED CITY PROPERTIES 435,283$ -$ 435,283$ 110,167$ -$ 110,167$ 295%
SPECIAL HOTEL-MOTEL TAX 1,247,969$ -$ 1,247,969$ 977,242$ -$ 977,242$ 28%
ONE PERCENT FOR ART 132,134$ -$ 132,134$ 102,756$ -$ 102,756$ 29%
CABLE COMM DEV FUND 376,830$ -$ 376,830$ 374,469$ -$ 374,469$ 1%
HOUSING AND SUPPORTIVE SERVICES 16,412,825$ -$ 16,412,825$ 11,975,377$ -$ 11,975,377$ 37%
SPRINGBROOK WETLANDS BANK 727,494$ -$ 727,494$ 717,669$ -$ 717,669$ 1%
POLICE SEIZURE 793,375$ -$ 793,375$ 582,907$ -$ 582,907$ 36%
POLICE SEIZURE CSAM 132,533$ -$ 132,533$ 131,855$ -$ 131,855$ 1%
AFFORDABLE HOUSING DEVELOPMENT 294,785$ -$ 294,785$ -$ -$ -$ 0%
GEN GOVT MISC DEBT SERV 5,824,765$ -$ 5,824,765$ 5,448,479$ -$ 5,448,479$ 7%
COMMUNITY DEVELOP IMPACT MITIG 441,274$ -$ 441,274$ 732,957$ -$ 732,957$ -40%
FIRE IMPACT MITIGATION 11,351$ -$ 11,351$ 11,600$ -$ 11,600$ -2%
TRANSPORTATION IMPACT MITIGATION 4,339,265$ -$ 4,339,265$ 2,556,532$ -$ 2,556,532$ 70%
REET 1 5,574,725$ -$ 5,574,725$ 2,388,389$ -$ 2,388,389$ 133%
REET 2 2,802,639$ -$ 2,802,639$ 3,775,468$ -$ 3,775,468$ -26%
RENTON SD IMPACT MITIGATION 12,389$ -$ 12,389$ 28,093$ -$ 28,093$ -56%
ISSAQUAH SD IMPACT MITIGATION 14,360$ -$ 14,360$ 85$ -$ 85$ 16774%
KENT SD IMPACT MITIGATION -$ -$ -$ -$ -$ -$ 0%
MUNICIPAL FACILITIES CIP FUND 27,803,309$ -$ 27,803,309$ 21,574,346$ -$ 21,574,346$ 29%
CAPITAL IMPROVEMENT FUND 18,435,615$ -$ 18,435,615$ 14,476,153$ -$ 14,476,153$ 27%
FAMILY FIRST CENTER 3,954,143$ -$ 3,954,143$ 3,685,633$ -$ 3,685,633$ 7%
General funds 211,717,401$ -$ 211,717,401$ 175,059,916$ -$ 175,059,916$ 21%
AIRPORT 8,289,040$ -$ 8,289,040$ 6,103,082$ -$ 6,103,082$ 36%
AIRPORT CAPITAL IMPROVEMENT FUND 5,853,379$ -$ 5,853,379$ 5,630,683$ -$ 5,630,683$ 4%
Airport funds 14,142,419$ -$ 14,142,419$ 11,733,766$ -$ 11,733,766$ 21%
MUNICIPAL GOLF COURSE SYSTEM FUND 1,755,079$ -$ 1,755,079$ 1,649,017$ -$ 1,649,017$ 6%
MUNICIPAL GOLF COURSE SYSTEM CIP FUND 662,465$ -$ 662,465$ 439,273$ -$ 439,273$ 51%
Golf course funds 2,417,543$ -$ 2,417,543$ 2,088,290$ -$ 2,088,290$ 16%
SOLID WASTE UTILITY 5,096,460$ -$ 5,096,460$ 4,501,981$ -$ 4,501,981$ 13%
WATER OPERATIONS FUND 18,289,094$ -$ 18,289,094$ 16,003,353$ -$ 16,003,353$ 14%
WASTEWATER OPERATIONS FUND 8,843,345$ -$ 8,843,345$ 8,525,626$ -$ 8,525,626$ 4%
SURFACE WATER OPERATIONS FUND 14,139,907$ -$ 14,139,907$ 15,722,535$ -$ 15,722,535$ -10%
KING COUNTY METRO MITIGATION 7,612,503$ -$ 7,612,503$ 6,481,647$ -$ 6,481,647$ 17%
WATER CIP FUND 37,718,059$ -$ 37,718,059$ 37,403,123$ -$ 37,403,123$ 1%
WASTEWATER CIP FUND 20,090,092$ -$ 20,090,092$ 18,706,256$ -$ 18,706,256$ 7%
SURFACE WATER CIP FUND 13,669,250$ -$ 13,669,250$ 11,637,424$ -$ 11,637,424$ 17%
WATER WORKS RATE STABLIZATION 18,472$ -$ 18,472$ 17,811$ -$ 17,811$ 4%
Utility funds 125,477,183$ -$ 125,477,183$ 118,999,757$ -$ 118,999,757$ 5%
EQUIPMENT RENTAL 19,841,479$ -$ 19,841,479$ 19,163,055$ -$ 19,163,055$ 4%
INFORMATION SERVICES 9,847,380$ -$ 9,847,380$ 9,099,378$ -$ 9,099,378$ 8%
FACILITIES 2,432,240$ -$ 2,432,240$ 1,413,188$ -$ 1,413,188$ 72%
COMMUNCIATIONS 778,441$ -$ 778,441$ 748,908$ -$ 748,908$ 4%
INSURANCE FUND 25,585,027$ -$ 25,585,027$ 24,698,768$ -$ 24,698,768$ 4%
HEALTH INSURANCE FUND 10,724,612$ -$ 10,724,612$ 9,613,231$ -$ 9,613,231$ 12%
LEOFF1 RETIREES HEALTHCARE 20,659,666$ -$ 20,659,666$ 20,383,411$ -$ 20,383,411$ 1%
FIREMEN'S PENSION 9,246,078$ 356,701$ 9,602,780$ 8,810,188$ 429,684$ 9,239,872$ 4%
SPECIAL DEPOSITS 1,002,377$ -$ 1,002,377$ 1,645,841$ -$ 1,645,841$ -39%
Stand alone funds 100,117,301$ 356,701$ 100,474,002$ 95,575,968$ 429,684$ 96,005,652$ 5%
CUSTODIAL FUND 997,715$ -$ 997,715$ 961,506$ -$ 961,506$ 4%
PAYROLL CLEARING ACCOUNT 266,952$ -$ 266,952$ 215,671$ -$ 215,671$ 24%
SURPLUS BANK BALANCE (411,909,433)$ 411,909,433$ -$ (347,209,298)$ 347,209,298$ -$ 0%
Accounting only funds (410,644,765)$ 411,909,433$ 1,264,668$ (346,032,121)$ 347,209,298$ 1,177,177$
Grand Total:43,227,082$ 412,266,134$ 455,493,216$ 57,425,576$ 347,638,982$ 405,064,557$ 12%
% chg
US Treasury 86,961,602$ 21%US Treasury 43,016,769$ 12%102%
SIP 212,441,281$ 52%SIP 211,820,277$ 61%0%
GSE's 85,478,422$ 21%GSE's 75,605,971$ 22%13%
CD's 27,028,128$ 7%CD's 16,766,281$ 5%61%
Total 411,909,433$ 90%Total 347,209,298$ 86%19%
(of total)(of total) (2025 v 2024)
March 31, 2025
Fund 901 Summary Fund 901 Summary
March 31, 2024
City of Renton Investment Report Q1 2025 Page 5
Public Deposit Protection Commission (PDPC) Report
First Financial Northwest Bank 155,602,287 85,495,727 55%27,028,128 17.37%1.4% $-
Total 27,028,128$ Total -$
First Financial Northwest Bank 153,809,552 82,366,439 54%27,028,128 17.57%2.3% $-
Total 27,028,128$ Total -$
First Financial Northwest Bank 153,896,487 78,939,469 51%27,028,128 17.56%-7.7% $ 10,261,846
Total 27,028,128$ Total -$
First Financial Northwest Bank 151,767,933 89,435,606 59%16,766,281 11.05%2.7% $-
Total 16,766,281$ Total -$
First Financial Northwest Bank 152,263,681 85,762,875 56%16,766,281 11.24%-0.9% $-
Total 16,766,281$ Total -$
First Financial Northwest Bank 149,203,757 85,356,316 57%16,766,281 11.24%2.4% $ 83,105 Total 16,766,281$ Total -$
First Financial Northwest Bank 148,370,627 76,088,118 51%16,683,176 11.24%-3.6% $-
Total 16,683,176$ Total -$
First Financial Northwest Bank 149,068,764 81,774,740 55%16,683,176 11.19%2.9% $-
Total 16,683,176$ Total -$
First Financial Northwest Bank 150,370,315 78,200,502 52%16,683,176 11.09%12.5% $-
Total 16,683,176$ Total -$
Commencement Bank 46,493,640 17,076,449 37%- 0.00%5.4% $ (5,000,000)
First Financial Northwest Bank 150,370,315 60,954,655 41%16,683,176 11.09%0.9% $-
Total 16,683,176$ Total (5,000,000)$
Commencement Bank 46,750,721 16,344,739 35%5,000,000 10.70%35.0% $-
First Financial Northwest Bank 148,174,815 60,661,388 41%16,683,176 11.26%1.4% $ 50,631
Total 21,683,176$ Total -$
PDPC Report December 2024 through February 2025 updated through March 14, 2025 CHANGE since last report
Depository
WA Proportional Net
Worth
12/31/2024
Total WA Deposits
2/28/2025
% public
(PDPC limit 150%)
City of Renton
Deposits % of net worth
(PDPC limit 100%) % public
City of Renton
Deposits
PDPC Report March 2024 through May 2024 updated through June 14, 2024 CHANGE since last report
Depository
WA Proportional Net
Worth
3/31/2024
Total WA Deposits
05/31/2024
% public
(PDPC limit 150%)
City of Renton
Deposits % of net worth
(PDPC limit 100%) % public
City of Renton
Deposits
PDPC Report March 2023 through May 2023 updated through June 14, 2023 CHANGE since last report
Depository
WA Proportional Net
Worth
3/31/2023
Total WA Deposits
5/31/2023
% public
(PDPC limit 150%)
City of Renton
Deposits
% of net worth
(PDPC limit 100%) % public
City of Renton
Deposits
PDPC Report December 2022 through February 2023 updated through March 20, 2023 CHANGE since last report
Depository
WA Proportional Net
Worth
12/31/2022
Total WA Deposits
2/28/2023
% public
(PDPC limit 150%)
City of Renton
Deposits % of net worth
(PDPC limit 100%) % public
City of Renton
Deposits
PDPC Report September 2024 through November 2024 updated through December 16, 2024 CHANGE since last report
Depository
WA Proportional Net
Worth
9/30/2024
Total WA Deposits
11/30/2024
% public
(PDPC limit 150%)
City of Renton
Deposits % of net worth
(PDPC limit 100%) % public
City of Renton
Deposits
PDPC Report June 2022 through August 2022 updated through September 21, 2022 CHANGE since last report
Depository
WA Proportional Net
Worth
6/30/2022
Total WA Deposits
8/31/2022
% public
(PDPC limit 150%)
City of Renton
Deposits % of net worth
(PDPC limit 100%) % public
City of Renton
Deposits
PDPC Report October 2022 through December 2022 updated through February 7, 2023 CHANGE since last report
Depository
WA Proportional Net
Worth
12/31/2022
Total WA Deposits
12/31/2022
% public
(PDPC limit 150%)
City of Renton
Deposits % of net worth
(PDPC limit 100%) % public
City of Renton
Deposits
PDPC Report June 2023 through August 2023 updated through September 18, 2023 CHANGE since last report
Depository
WA Proportional Net
Worth
6/30/2023
Total WA Deposits
8/31/2023
% public
(PDPC limit 150%)
City of Renton
Deposits % of net worth
(PDPC limit 100%) % public
City of Renton
Deposits
PDPC Report September 2023 through November 2023 updated through December 18, 2023 CHANGE since last report
Depository
WA Proportional Net
Worth
9/30/2023
Total WA Deposits
11/30/2023
% public
(PDPC limit 150%)
City of Renton
Deposits % of net worth
(PDPC limit 100%) % public
City of Renton
Deposits
PDPC Report January 2024 through March 2024 updated through May 8, 2024 CHANGE since last report
Depository
WA Proportional Net
Worth
12/31/2023
Total WA Deposits
12/31/2023
% public
(PDPC limit 150%)
City of Renton
Deposits % of net worth
(PDPC limit 100%) % public
City of Renton
Deposits
PDPC Report June 2024 through August 2024 updated through September 16, 2024 CHANGE since last report
Depository
WA Proportional Net
Worth
6/30/2024
Total WA Deposits
8/31/2024
% public
(PDPC limit 150%)
City of Renton
Deposits % of net worth
(PDPC limit 100%) % public
City of Renton
Deposits
City of Renton Investment Report Q1 2025 Page 6