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HomeMy WebLinkAbout2021 Q4 Cash and Investment Report Memorandum To: Luke Stowe, City Manager From: Hitesh Desai, CFO/City Treasurer Subject: 4th Quarter 2021 Cash & Investment Report Date: September 1, 2026 Please find attached the Cash and Investment Report as of December 31, 2021. 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 2021 Cash and Investment Position 12/31/2021 9/30/2021 Change ($) Cash 43,262,433 75,383,980 (32,121,547) Investments 64,105,555 39,398,368 24,707,187 TOTAL 107,367,988 114,782,348 (7,414,360) Table 2 Cash and Investments by Financial Institution Sorted by Balance Bank Balance (In Millions) % of Total Balance Wintrust Bank $ 43.5 40.5% Byline Bank $ 43.3 40.3% IMET $ 11.3 10.5% Fifth Third Bank $ 4.4 4.1% Illinois Funds $ 4.1 3.8% Other Banks $ 0.9 0.8% TOTAL $ 107.4 100%