This record contains private information, which has been redacted from public viewing.
Record #: F2021-19   
Type: Report Status: Placed on File
Intro date: 2/24/2021 Current Controlling Legislative Body:
Final action: 2/24/2021
Title: City Treasurer's preliminary annual report of overall income, asset allocation, cash position and portfolio credit quality (2020)
Sponsors: Dept./Agency
Topic: CITY DEPARTMENTS/AGENCIES - City Treasurer, - REPORTS - Annual
Attachments: 1. F2021-19.pdf

Office of the City Treasurer Melissa Cdnyears-Ervin • Treasurer • City of Chicago

 

January 29, 2021

 

As required by Chicago Municipal Code §2-32-610,1 am submitting the attached report to City Council today, January 29, 2021.

 

For 2020 the overall income on the total holdings across all funds held by the Treasurer's Office was $129,146,778.10 unaudited.

 

The asset allocation as of December 31, 2020 was:

Agency Bonds                     $                     1,147,234,506.29

Agency MBS                     $                     586,002,091.08

Commercial Paper                     $                     2,684,086,000.42

Corporate ABS                     $                     362,253,431.10

Corporate Bonds                     $                     1,401,238,863.67

Catalyst Fund Equity                     $                     50,000,000.00

Money Market Funds                     $                     433,013,429.60

Municipal Bonds                     $                     1,138,703,183.33

US Government                     $                     20,198,474.30

Total                     $                     7,822,729,979.78

 

And the cash position as of December 31, 2020 was $1,060,563,932.96 unaudited. The overall credit quality of the portfolio as of December 31, 2020 was AA+ unaudited.

 

**As historically stated, these numbers are subject to change until the final Comprehensive Annual Financial Report (CAFR) is published later in the year.

Melissa Conyears-Ervin

City Treasurer of the City of Chicago

1 2 1  North LaSalle: Street, Room I CS • Chicago, Il 60602 • Telephone: 3 12.744.3 3 56

 

Best Regards,