HomeMy WebLinkAbout2019 Q2 Cash and Investment Report
Memorandum
To: Luke Stowe, City Manager
From: Hitesh Desai, CFO/City Treasurer
Subject: 2nd Quarter 2019 Cash & Investment Report
Date: September 1, 2026
Please find attached the Cash and Investment Report as of June 30, 2019.
If there are any questions on the attached report, please contact me by phone at (847) 448 -8082 or by
email: hdesai@cityofevanston.org. For additional financial reports, please visit:
https://www.cityofevanston.org/government/transparency/budget-financial-reports
Table 1
Q1 and Q2 2019 Cash and Investment Position
06/30/2019 03/31/2019 Change ($)
Cash 41,521,260 32,416,985 9,104,275
Investments 54,037,603 41,785,801 12,251,802
TOTAL 95,558,863 74,202,786 21,356,077
Table 2
Cash and Investments by Financial Institution
Sorted by Balance
Bank Balance
(In Millions) % of Total Balance
Byline Bank $ 41.5 43.5%
Wintrust Bank $ 32.3 33.8%
PMA $ 9.0 9.5%
IMET $ 6.0 6.3%
Illinois Funds $ 4.5 4.7%
Fifth Third Bank $ 1.5 1.6%
Other Banks $ 0.7 0.7%
TOTAL $ 95.6 100%