HomeMy WebLinkAbout2019 Q4 Cash and Investment Report
Memorandum
To: Luke Stowe, City Manager
From: Hitesh Desai, CFO/City Treasurer
Subject: 4th Quarter 2019 Cash & Investment Report
Date: September 1, 2026
Please find attached the Cash and Investment Report as of December 31, 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
Q3 and Q4 2019 Cash and Investment Position
12/31/2019 9/30/2019 Change ($)
Cash 25,922,387 39,756,929 (13,834,542)
Investments 43,042,905 58,427,217 (15,384,312)
TOTAL 68,965,292 98,184,146 (29,218,854)
Table 2
Cash and Investments by Financial Institution
Sorted by Balance
Bank Balance
(In Millions) % of Total Balance
Wintrust Bank $ 28.7 41.2%
Byline Bank $ 25.9 37.6%
PMA $ 5.7 8.3%
Illinois Funds $ 5.3 7.7%
Fifth Third Bank $ 2.3 4.7%
IMET $ 1.0 1.5%
TOTAL $ 69.0 100%