HomeMy WebLinkAbout2020 Q4 Cash and Investment Report
Memorandum
To: Luke Stowe, City Manager
From: Hitesh Desai, CFO/City Treasurer
Subject: 4th Quarter 2020 Cash & Investment Report
Date: September 1, 2026
Please find attached the Cash and Investment Report as of December 31, 2020.
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 2020 Cash and Investment Position
12/31/2020 9/30/2020 Change ($)
Cash 35,825,427 69,863,849 (34,038,422)
Investments 30,845,056 17,187,346 13,657,710
TOTAL 66,670,483 87,051,195 (20,380,712)
Table 2
Cash and Investments by Financial Institution
Sorted by Balance
Bank Balance
(In Millions) % of Total Balance
Byline Bank $ 35.8 53.7%
Wintrust Bank $ 13.5 20.3%
IMET $ 8.6 12.9%
Illinois Funds $ 5.1 7.6%
Fifth Third Bank $ 2.4 3.6%
PMA $ 1.3 1.9%
Other Banks $ 0.0 0.0%
TOTAL $ 66.7 100%