CC SR 20200304 D - Jan 2020 City Treasurer's Report
CITY COUNCIL MEETING DATE: 03/04/2020
AGENDA REPORT AGENDA HEADING: Consent Calendar
AGENDA DESCRIPTION:
Consideration and possible action to receive and file the January 2020 Cash
Balances/Monthly Treasurer’s Report
RECOMMENDED COUNCIL ACTION:
(1) Receive and file the January 2020 Cash Balances/Monthly Treasurer’s Report.
FISCAL IMPACT: None
Amount Budgeted: N/A
Additional Appropriation: N/A
Account Number(s): N/A
ORIGINATED BY: Jane Lin, Accountant
REVIEWED BY: Angelina Garcia, Interim Director of Finance
APPROVED BY: Ara Mihranian, AICP, City Manager
ATTACHED SUPPORTING DOCUMENTS:
A. January 2020 Monthly Treasurer’s Report (page A-1)
BACKGROUND AND DISCUSSION:
This report summarizes the cash balance of all funds and investments for the month of
January 2020. A separate report is prepared monthly for the Improvement Authority,
and is presented under separate cover before the Authority Commission.
The overall cash balances of the City totaled $67,284,852, with more than $32.7 million
or 49% of the total cash balance in the Local Agency Investment Fund (LAIF). The City
has more than $6.9 million or 10% of the total cash balance with Bank of the West, and
over $4.1 million or 6% with Malaga Bank. In addition, the City has a total Certificates of
Deposit (CD) investments and Treasury Bills over $23.2 million or 35% of the total cash
balance and a money market account over $58,000 or less than 1% with Vining Sparks,
our investment brokerage firm. The securities are held by the Bank of New York and are
FDIC-insured.
1
In summary, the City’s General Fund has over $21.4 million or 32% in cash balance,
and the Capital Improvement Projects (CIP) Fund has over $27.5 million or 41% in cash
balance. The remaining cash balances are in the Equipment Replacement Fund with
over $2.6 million or 4%, over $1.6 million or 2% in the 1911 Act Fund, over $0.8 million
or 1% in the Habitat Restoration Fund, over $1.1 million or 2% in the Quimby Fund, and
over $11.9 million or 18% in Other Restricted Funds.
The City’s cash balance increased by $2.7 million from last month, and in comparison to
the same period last year, the cash balance gained $1.8 million. The major variance
was due to the timing of disbursements for City projects and historical high in property
tax apportionment. The major disbursements for this month included Hardy & Harper for
right-of-way maintenance and the Residential Rehabilitation Area 8 Project, Sunbeam
Consulting for a various project with the City, United Irrigation for the Palos Verdes
Drive West Improvement Project, and Stay Green for the Landscaping Maintenance
Project. All other operating expenditures were disbursed in accordance with the Fiscal
Year 2019-20 budgets.
2
BEGINN IN G BALANCE
PLUS DEPOSITS
PLUS INTEREST EARNINGS(1)
LESS CHECK DISBURSEMENTS
LESS ELECTRO NI C DISBURSEMENTS(2 )
ADJUSTMENTS(3)
PLUS TRANSFERS IN
LESS TRANSFERS OUT
ENDING BALANCE
(1) All LAIF 1nterest IS pa1d quarterly
(2 ) ElectroniC Disbursements
Payroll
Payroll Charges
Petty Cash Re1mb
HSA Payment & Catch-up
Sales Taxes
Bank and Merchant Fees
Bank
of the West
OPERATING
6 ,303 ,185 99
5,585 ,522 24
(2 ,384 ,976 50 )
(690,298 87 )
7,377 54
685 ,032 27
(2 ,511 ,598 61 )
6 ,994 ,244 06
361 ,077 15
250 ,929 12
1,610 00
68,833 43
3,035 00
4,814 17
690 ,298 87
(3) The net adJustment was due to returned 1tems and vo1d checks
CITY OF RANCHO PALOS VERDES
MONTHLY TREASURER 'S REPORT
JANUARY 2020
Malaga Ban k
Non-Negotiable Vining Sparks
PETTY CASH LAIF-CITY CD Money Market
5,000 00 30130,19374 4 180,940 39 983 599 06
150,343 65 1587432 48 ,090 78
2 500 000 00 11 59861
(985,032 27 )
5,000 00 32 .780 ,537 39 4 196 814 71 58,25618
JANUARY 2020 CASH BALANCE BY MAJOR FUNDS
1%
YTDINT
INVESTMENT
co TOTAL CASH RECEIVED
22 ,950,000 00 64 ,552 ,919 18
5,585,522 24
214 ,308 75 512 ,907 77
(2,384 976 50)
(690,298 87)
7,377 54
300000 00 3,496 630 88
(3 ,496,630 88 )
23,250 000 00 67,284 ,852 34 512 ,907 77
.GENERAL FUND 32%
.CIP 41%
.EQUIPMENT REPLACE M ENT 4%
11 1911 ACT 2%
C HABITAT RESTORATION 1%
C QUIMBY 2%
C OTHER RESTRICT ED FUNDS 18%
A-1
CASH BALANCES BY FUND
Unrestricted
GENERAL FUN D
Restricted by Council Action
BEAUTIFICATION FUND
CIP
EQUIPMENT REPLACEMENT
BUILDING REPLACEMENT
EMPLOYEE BENEFITS
Subtotal
Restricted by Law or External Agencies
STREET MAINTENANCE
1972 ACT
EL PRADO
CDBG
CDBG-R
1911 ACT
SOLID WASTE
AIR QUALITY MANAGEMENT
PROPOSITION C
PROPOSITION A
PUBLIC SAFE TY GRANTS
MEASURER
MEASURE M
HABITAT RESTORATION
SUBREGION 1 MAINTENANC E
MEASURE A MAINTENANCE
ABALONE COVE SEWER DISTRICT
RPVTV
GINSBURG CULTURE ARTS BUILDING
DONOR RESTRICTED CONTRIBUTIONS
FEDERAL GRANTS
STATE GRANTS
QUIMBY
LOW-MODERATE INCOME HOUSING
AFFORDABL E HSNG IN LIEU
EET
MEASURE A CAPITAL
BI KEWAYS
UNDERGROUND UTILITIES
ROADWAY BEAUT IFICATION
WATER QUALITY FLOOD PROTECT ION
REDEVELOP ME NT OBLIGATION RETIRE
IMPROV EMENT DISTRICT 9
SPECIAL TRUSTS
Subtotal
GRAND TOTAL
BALANCE
FORWARD
18 ,3 98 ,612 .03
0.00
27 ,941 ,546 .31
2 ,669 ,287 .88
0.00
0.00
30 ,610 ,834 .19
1,295 ,433 .51
28 ,532 .18
34 ,144 .05
5,118 .82
0.00
1,617 ,154 .70
431 ,803 .54
111 ,299 .85
924 ,719 .30
2,810 ,194 .15
135 ,201 .17
1,067,412.54
123 ,838.40
877 ,662 .00
769 ,603 .36
17 ,123 .27
555 ,533 .86
0 .00
0.00
782 ,173.30
98 ,821 .23
0.00
1,192 ,419 .77
191 ,234 .21
845 ,676 .79
441 ,113 .56
0.00
0.00
0 00
0.00
74 ,266 .88
193 ,908 .13
0 .00
919,084 .39
15,543,472 .96
64 ,552 ,919 .18
CITY OF RANCHO PALOS VERDES
MONTHLY TREASURER'S REPORT
JANUARY 2020
DEBIT CREDIT CASH
10 ,567 ,854 .69 7,550 ,805.42 21 ,415 ,66 1.30
0 .00 0.00 0.00
73 ,950 .52 426 ,791 .79 27 ,588 ,705 .04
7 ,189 .08 24 ,315 .23 2 ,652 ,161 .73
0 .00 0 00 0.00
0 .00 0 .00 0.00
81 ,139 .60 45 1,107.02 30 ,2 40,866 .77
195 ,554 .87 115,220 .76 1,375 ,767 .62
76.44 0.00 28 ,608 .62
377.90 0.00 34 ,521 .95
10 ,000 .00 13 ,310 .00 1,808 .82
0 00 0.00 0 .00
76 ,531 .98 8 ,64 4 .79 1,685 ,041 .89
9,906 .07 15 ,681 .70 426 ,027 .91
273 .54 0.00 111 ,573 .39
60 ,037 .11 117 ,148 .59 867 ,607 .82
76,933 .59 9 ,210 .00 2,877 ,917 .74
23 ,633 .76 0.00 158 ,834 .93
45 ,943 .81 0.00 1 '113 ,356 .35
48,480 .58 55 ,605 .05 116 ,713 .93
2,385 .69 37 ,940 .00 842 ,107 .69
2,051 .71 3,835 .00 767 ,820 .07
90 .54 0.00 17 ,213 .81
6,496.42 1,948 .44 560 ,081 .84
0 .00 0.00 0 .00
0 .00 0.00 0 .00
2,295 .57 5 ,563 .57 778 ,905 .30
0 00 0.00 98 ,821 .23
35,327 .87 35 ,327 .87 0 .00
3,412 .78 28 ,912 .30 1 '166 ,920 .25
512 .37 0 00 191 ,746 .58
2,265 .78 0.00 847 ,942 .57
1,254 .14 44 ,90 4 .51 397 ,463 .19
0 .00 0.00 0 .00
0 .00 0.00 0 .00
0 00 0.00 0 00
0 .00 0.00 0 .00
19 8 .98 0.00 74 ,465 .86
522 .38 0.00 194 ,430 .51
0 .00 0.00 0.00
52 ,123 .32 78 ,583 .31 892 ,624.40
656 ,687 .20 571 ,835 .89 15 ,628 ,324 .27
11 ,305 ,681.49 8,573 ,748.33 67 ,284 ,852 .34
Total Investmen t: 67 ,284 ,852 .34
Change In
Ending Cash
Balance
3,017,049 .27
0.00
(352 ,841 .27)
(17 ,126 .15)
0.00
0.00
(369 ,967 .42)
80 ,334 .11
76.44
377 .90
(3 ,310 .00)
0 .00
67 ,887 .19
(5 ,775 .63)
273 .54
(57 , 111.48)
67 ,723 .59
23 ,633 .76
45 ,943 .81
(7 , 124 .47 )
(35 ,554 .31)
{1,783 .29)
90 .54
4 ,547 .98
0 .00
0 .00
(3,268 .00)
0.00
0 .00
(25,499 .52)
512 .37
2 ,265 .78
(43 ,650 .37)
0 .00
0 .00
0 00
0 .00
198.98
522 .38
0.00
(26 ,459 .99)
84 ,851 .31
2 ,7 31 ,933 .16
Change In
Ending Cash
Balance in %
16%
0%
-1 %
-1 %
0%
0%
-1%
6%
0%
1%
-65 %
0%
4%
-1 %
0%
-6%
2%
17%
4 %
-6 %
-4 %
0%
1%
1%
0%
0%
0%
0%
0%
-2%
0%
0%
-10%
0%
0%
0%
0%
0%
0%
0%
-3 %
1%
4%
A-2
In vestment
Local Agency Investment Fund (LA IF-CITY)
Note (1)
CD -Non-Negotiable
CD -Non-Negotiable
CD -Bank of New York -Vmmg Sparks (Non-
Negotiab le)
Issuer of
Investment
State of Callforn1a
Malaga Bank
Malaga Bank
Alleg iance Bank
Texas
Ally Bank
Amencan Bank Na
Le Mars
Amencan Express
Bank FSB
Amencan Express
Centunon
BMW Bank North
Amenca
Bank of Deerf1eld
Bank Forward
Bankers Bank
Mad1son W I
Bar Harbor Bank &
Trust
Ba rclays Bank
De laware
Baycoast Bank
Benef1c1al Bank
Bus1ness Bk of St
LOUIS
CIT Bank
Cap1tal One NA
Cap1tal One Bank
USA
Cathy Bank
Commun1ty West
Bank
Continental Bank UT
Crossftrst Bank
Eaglebank
East Boston Sav1ngs
Bank
Enerbank USA
Exchange Ba nk
F armers&Merchants
BK NEB
Ftrst Bank of
H1ghland
Ftrst Commerc1al
Bank MS
Ftrst Fmanc1al Bank
Ftrst Federal SVGS
Bank
Ftrst Internet Bank of
In
Ftrst Nat1onal Bank
of Amenca
Ftrst Nat'l Bank
M1ch1gan
Ftrst Un1ted Bk &
Trust
Flagstar Bank
Gold Cast
Bank/Ch1cago
Goldman Sachs
Bank USA
HSBC Bank USA
Henry County Bank
OH
lndustnai&Com Bank
Ch1na
JP MORGAN
CHASE BA NK
LCA Bank Corp
Lakes1de Bank
CITY OF RANCHO PALOS VERDES
MONTHLY INVESTMENT REPORT
JANUARY 2020
CUSIP#
01748DAY2
02007GKW2
024373AZS
02587C HR4
02587D N38
05580 ASES
06178S EG2
062163B N9
06610RAT6
066851WV4
06740KKD8
072727AZ3
08173Q BT 2
1232S EH V7
12556LBB 1
14042RD A6
14042TBD8
149159NX9
20415QGX1
211163GYO
22766AB BO
27002Y ET9
27113 PBM2
29266N6 P7
301074 DF 4
30781TBD9
319141GE1
31984GFA2
32021MFC8
32031YCD4
32056GCQ1
32110Y JT3
32114VBJS
33742CAQO
33847 E2JS
38058KDMS
38149MAU7
40434YGK7
426336B F9
45581EAF8
48121 C802
801798LK6
51210SMD6
Acqu isi tion
Date
N/A
2/23/2018
2/23/2018
11/3/2017
7/25/2019
9/27/2019
12/19/2017
3/21/2017
8/16/2019
9/25/2019
12/28/2019
12/20/2017
6/28/2019
7/12/2017
1/24/2020
10/7/2016
7/19/2017
8/23/2019
10/13/2016
7/2 4/2019
9/25/2019
7/26/2019
2/23/2018
6/9/2017
1117/2020
1/20/2017
10/13/2017
7/19/2019
1118/2017
6/7/2017
7/31/2019
2/2112018
1117/2018
7/1 4/2017
1120/2017
1/12/2018
10/11/2019
6/12/2019
9/9/2016
5/31/2019
3/21/2019
1/27/2017
6/2/2017
2/15/2017
1/12/2018
1/13/2017
Term
N/A
24 Mas
24 Mas
60Mos
36 Mas
36 Mas
48 Mas
60 Mas
18 Mas
42 Mas
60 Mas
48 Mas
24 Mas
60 Mas
48 Mas
60 Mas
30 Mas
48 Mas
36 Mas
24 Mas
18 Mas
36 Mas
60 Mas
36 Mas
60 Mas
48 Mas
24 Mas
60 Mas
60 Mas
24 Mas
48 Mas
37 Mas
60 Mas
60 Mas
27 Mas
54 Mas
36 Mas
45 Mas
36 Mas
36 Mas
60 Mas
60 Mas
60 Mas
60 Mas
54 Mas
Maturity
Date
On Demand
2/23/2020
2/23/2020
11/3/2022
712512022
912712022
12/20/2021
4/S/2022
2/16/2021
3/24/2023
12/18/2024
12/20/2021
6/28/2021
7/12/2022
1124/2025
10/7/2020
7/19/2022
2/23/2022
10/13/2020
712512022
9/24/2021
1/26/2021
8/23/2021
6/9/2022
1/17/2023
1/20/2022
10/13/2021
7/19/2021
1/18/2022
6/7/2022
7/30/2021
2/22/2022
2/17/2021
7/1 4/2022
1/20/2022
4/13/2020
4/11/2024
6/13/2022
6/9/2020
5/31/2022
3/21/2022
1/27/2022
6/2/2022
2/15/2022
1/12/2023
7/13/2021
Market
Valu e
$ 32 ,780 53 7
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
250 .000
3 946,815
250.000
250 000
250 000
250,000
250 ,000
250 000
250 ,000
250 ,000
250 000
250 ,000
250 ,000
250 ,000
250 000
250,000
250,000
250,000
250,000
250,000
250 .000
250,000
250,000
250 000
250,000
250 ,000
250 ,000
250 ,000
250 ,000
250 .000
250 ,000
250 000
250,000
250 ,000
250 000
250 ,000
250 ,000
250,000
250 000
250 ,000
250 000
250 000
250,000
250 ,000
250 000
Book
Value Yield
$ 32 ,780 ,537 1 97%
$ 250 ,000 1 75%
$ 3,946 ,815 1 60%
$ 250,000 2 20%
$ 250,000 2 15%
$ 250,000 1 65%
$ 250,000 2 20%
$ 250 ,000 2 45%
$ 250 ,000 1 90%
$ 250,000 1 65%
$ 250 ,000 1 75%
$ 250 ,000 2 15%
$ 250,000 2 10%
$ 250,000 2 20%
$ 250 ,000 1 70%
$ 250 ,000 1 35%
$ 250 ,000 2 OS%
$ 250 ,000 1 95%
$ 250 ,000 1 40%
$ 250 ,000 2 10%
$ 250 ,000 1 75%
$ 250 ,000 1 95%
$ 250 ,000 2 30%
$ 250 ,000 2 OS%
$ 250 ,000 1 70%
$ 250 ,000 2 00%
$ 250,000 2 00%
$ 250,000 2 OS%
$ 250 ,000 2 OS%
$ 250,000 2 10%
$ 250 ,000 1 95%
$ 250,000 2 45%
$ 250 ,000 2 15%
$ 250 ,000 2 OS%
$ 250 ,000 2 00%
$ 250,000 2 00%
$
$
$
$
$
250,000 2 00%
250,000 2 SO%
250 ,000 1 15%
250,000 2 SO%
250 ,000 2 45%
250 ,000 1 90%
$ 250,000 2 OS%
$ 250 ,000 2 30%
$ 250 ,000 2 35%
$ 250 ,000 1 95%
A-3
Investment
Treasury-Bank of New York(V1mng Sparks)
Summary
Local Agency Investment Fund (LA IF -C ITY )
Certif1cate of Deposit -Ma laga Bank
Cert1f1cate of Depos it -Ma laga Bank
Certificate of Depos1t -V1n 1ng Sparks
Treasury B1lls -Vin1ng Sparks
Total Investment
Issuer of
Investment
Landmark
Commumty Ban k
L1ve Oak Bank1ng
Company
Luana Sav1ngs Bank
Marhn Bus1ness
Bank
Medallion Bank Utah
Mercant1l Bank NA
Mernck Bank
M1d-M1ssouri Bank
Morgan Stanley
Ban k NA
Morgan Stanley PVT
Bank
Morton Community
Northf1led Bank
Peoples Un1ted Bank
Raymond James
Bank
Sathe Mae Ba nk/Salt
Lake
S1gnature Ban k of
Arkansas
S1gnature Bk
Ch1cago
Southern States
Bank
State Bank of lnd1a
Sterling Bank POP
BL MO
Summ1t Community
Bank
Suntrust Bank
Synchrony Ba nk
Third Fed Sav&Ln
Clevland
Tnad Ba nk
Umted Community
Bk Ill
V1s1on Bank of Iowa
Wellesley Bank
Wells Fargo Nat' I
Bank West
Wells Farg o Bank
Umted States Treas
Umted States Treas
United States Treas
United States Treas
Umted States Treas
32 ,780,537 39
250,000 00
3,946 ,814 71
18,250,000 00
5,000 ,000 00
60 ,227 ,352 10
CITY OF RANCHO PALOS VERDES
MONTHLY TREASURER'S REPORT
JANUARY 2020
CUSIP#
51507LB V5
538036CG7
549103WGO
57116ATMO
58404DF E6
58733AES4
59013JC23
59541KBP 1
61747MD73
61760AZ51
619165HP 1
66612ABX5
71270QQJ8
75472RAN1
7954504 P7
82669LG D9
82669V BY6
843879BB2
856285RS2
85916DVN2
86604XML 7
86789VUPO
87165 HRY8
88413Q BU 1
89579 NBP7
90983WBN O
92834CC L4
94948 LCR O
949495AQ8
949763D45
9128282J8
912828S35
912828S76
912828X H8
912828XM7
Acquisition
Date
8/23/2019
8/19/2016
7/8/2016
1115/2020
9/18/2019
12/29/2017
10/11/2017
1/19/2018
12/21/2017
9/19/2019
1/19/2018
10/25/2017
1/18/2017
11126/2019
11/16/2019
7/15/2016
1118/2017
12/20/2017
11/27/2019
9/18/2019
1/26/2018
8/29/2017
6/2/2017
11/24/2017
6/2/2016
10/12/2017
11/29/2019
7/19/2019
1/17/2020
6/10/2019
7/15/2019
9/12/2019
7/31/2018
6/30/2019
7/31/2018
Term
36 Mos
48 Mos
48 Mos
60 Mos
36 Mos
36 Mos
60 Mos
60 Mos
36 Mos
48 Mos
36 Mos
60 Mos
60 Mos
72 Mos
60 Mos
48 Mos
60 Mos
40 Mos
72 Mos
48 Mos
30 Mos
60 Mos
60 Mos
48 Mos
46 Mos
54 Mos
72 Mos
18 Mos
36 Mos
36 Mos
12 Mos
45 Mos
36 Mos
12 Mos
24 Mos
Maturity
Date
2/23/2022
8/19/2020
7/8/2020
1/15/2025
9/19/2022
12/29/2020
10/11/2022
1/19/2023
12/21/2020
9/19/2023
1/19/2021
10/25/2022
1/18/2022
11/26/2024
10/16/2024
7/15/2020
11/8/2022
4/20/2021
11/27/2024
9/18/2023
7/26/2021
8/29/2022
6/2/2022
11/24/2021
4/2/2020
4/12/2022
11/29/2024
1/19/2021
1/17/2023
6/10/2022
7/15/2020
6/30/2023
7/31/2021
6/30/2020
7/31/2020
Total Investment
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
Market
Value
250,000
250 000
250 000
250 000
250 000
250,000
250,000
250.000
250,000
250 ,000
250 ,000
250 000
250 ,000
250 ,000
250 ,000
250 ,000
250,000
250,000
250 ,000
250 ,000
250 ,000
250 ,000
250 .000
250 ,000
250 ,000
250 ,000
250 ,000
250.000
250,000
250 000
1 000 ,000
1,000 .000
1 000 000
1 000 000
1 000 000
Book
Value Yield
$ 250 ,000 1 90%
$ 250 ,000 1 25%
$ 250,000 1 15%
$ 250,000 1 75%
$ 250,000 1 70%
$ 250,000 2 20%
$ 250,000 2 10%
$ 250 ,000 2 35%
$ 250,000 2 15%
$ 250,000 1 85%
$ 250,000 2 15%
$ 250,000 2 15%
$ 250,000 2 05%
$ 250,000 1 85%
$ 250,000 1 90%
$ 250,000 1 15%
$ 250 ,000 2 15%
$ 250 ,000 2 00%
$ 250 ,000 2 05%
$ 250 ,000 1 65%
$ 250 ,000 2 20%
$ 250,000 1 80%
$ 250,000 2 40%
$ 250,000 2 10%
$ 250,000 1 25%
$ 250,000 2 05%
$ 250 ,000 1 75%
$ 250 ,000 2 00%
$ 250 ,000 1 90%
$ 250 ,000 2 50%
$ 1,000 000 1 50%
$ 1 ,000 ,000 1 38%
$ 1 000,000 1 13%
$ 1,000 ,000 1 63%
$ 1,000,000 1 63%
$ 60,227 ,352
We1ghted Return 1 91%
A-4
NOT E :
Malaga Bank -CD
6%
C IT Y OF RANCHO PALOS VERDES
MO NTH L Y T REASURER'S REPORT
J A NUARY 2020
SUMMARY OF CASH BALANCE BY INSTITUTION
JANUARY 2020
V ini ng Sparks -Tr ea sury
8%
Bank of t he W es t
10%
St ate of California -LA IF
49%
Vin i ng Spa rks-Money Market
0%
(1) LAIF ma rket values Will be reported to vary from book va lue 1f the C1ty calcul ated share of tota l LAIF assets 1s less than the C1ty book value
To the best of my knowledge there are no mtsstatements of matena l amounts wtthtn thts report
or omtsstons of ma tenal amoun ts to cause the report to be mtsleadtng
I cert1fy that th1s report accurately reflects a ll C 1ty Investments and compl1es w1th the Investment policy of the C1ty
of Ra ncho Pa los Verdes as a pproved by the C1ty Council Furthermore I cert1fy that suffiCient Investment l1qu1d 1ty
and antlctpated revenues are avatlable to meet the Ctty 's expendtture requtrements for the next stx mon ths
submitted
Dated
A-5