Transmittal Letter
The investment portfolio complies with the City’s Investment Policy and Strategy and the Public Funds Investment Act, Chapter 2256, Texas Government Code, as amended. We are investing municipal funds in accordance with our investment policy using basically four of our investment type options. Triple A rated (AAA) investment pools Money market sweep accounts Money market deposit accounts Certificates of deposits Details of our current investment portfolio begin on page 77, Exhibit F-1 through F-3.
SUPPLEMENTAL INFORMATION – This section has details of General Fund balances and designations (page 82). Also in this section is a schedule of federal and state grants, a detailed schedule of historical sales tax revenue by month, a schedule of Hotel/Motel receipts by month, and a schedule of parks escrow funds.
CONCLUSION – I want to take time to thank the Finance Department staff for their hard work in preparing these financial statements particularly Assistant Director of Finance, Melissa Przybylski, CPA; Treasury/Grants Manager, Stacey Reisner, CPA; Budget Manager, Jennifer Emerson; Financial Analyst, Sherry Pogor; and Senior Accountant, Erica Glover for their excellent work and efforts.
Respectively submitted,
Traci L. Barnard, CPA Director of Finance City of Temple, Texas
Quarterly Financial Statements – for the nine months ended 06.30.18
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