Loading...
HomeMy WebLinkAbout*Other - Finance Committee (002)GRANT COUNTY . . . . . . . . . . AUDITOR'S OFFICE P.O. BOX 37 EPHRATA, WA 98823 Finance Committee Attending were: Kevin Burgess, Cindy Carter, Carrie Heston -Grant County Treasurer, Tom Gaines -County Administrator, Decorah Anderson-Cook-HR Director, Shannon Falstad-Grant County Auditor, and Amanda Simonsen -Accountant, meeting on July 28, 2026. Minutes approved for June 30, 2026. Current interest rates -State Pool now 3.707577% daily - 3.69180% monthly The county pool's net rate was 3.6300% Other Business: Mattawa Port -Event Center - Request to review possible extension of debt limit The next regular meeting of the Finance Committee will be Tuesday, August 25, 2026, at Ipm. 0 1 zr, Treasurer, Chair of Chair ofthe Board The Finance Committee County Commissioners Auditor, Secretary of Finance Committee GRANT COUNTY FINANCE COMMITTEE AGENDA Date: Monday, July 27th, 2026 1:00 pm I. Approval of Prior Minutes II. County Investment Portfolio 6/30 Month 6/30 Daily a. State Pool 3.69180% 3.707577% b. County Pool 3.63000% 7/27/2026 7/27/2026 713112026 6/30 Balance Current Rate Current Balance Estimated 66,701,482.36 3.71035% 41,000,000.00 70,000,000.00 455,640,000.00 522,341,482.36 Tracker Portfolio Accounting & Reporting June 30, 2026 Description CU51P/Ticker Settlement Qala Call Frequency Face Amoui i tares YTM @ Cost Market value Maturity Date Days Ta Maturity Next Call Dale Fixed Assets I US Bank FHLB 0.7 9/18/2026-21 3130AK5J1 9/21/2020 Continuous 10,000,000.00 0.704 0.750 0.920 0.827 9,931,479.10 9/18/2026 80 92 FHLB 0.75 9/30/2026-20 3130AK6U5 9/30/2020 Continuous 10,000,000.00 9,919,655.20 9/30/2026 5,615,491.38 10/1/2026 93 California State 2.375 10/1/2026 13063DRD2 10/13/2020 N/A 5,640,000.00 9,803,094.70 2/16/2027 231 FFCB 0.78 2/16/2027-22 FHLB 0.92 2/26/2027-21 3133EMQW5 2l17/2021 Continuous 10,000,000.00 3130ALCE2 2/26/2021 Quarterly 10,000,000.00 0.925 9,798,019.40 2/26/2027 241 8/26/2026 2/26J2021 Quarterly 10,000,000.00 1.000 9,798,934.80 2/26/2027 241 8/26/2.026 FHLB 1 2/26/2027-21 3130ALOA9 4.158 4.060 19,854,881.60 19,862;584,80 10/9/2029 10/10/2029 1,197 1,198 7/10/2026 FFCB 4.14 10/9/2029-26 FNMA 4.03 10/10/2029-26 3133ETD95 3135GAVR9 10/9/2025 11/6/2025 Continuous Quarterly20,000,000,00 20,000,000.00 4,130 4.002 4,122 19,845,945.40 197688,241.00 19,868,859.60 10/22/2029 11/5/2029 11/13/2029 1,210 1,224 1,232 7/22/2026 7/5/2026 7/13/2026 7/3/2026 FNMA 4.13 10/22/2029-26 FHLMC 3.98 11/5/2029-26 FHLMC 4.1 11/13/2029-26 3136GAYS2 3134HB3F6 3134HB4S7 10/22/2025 11/5/2025 11/12/2025 Monthly Monthly Monthly Monthly 20,000,000.00 20,000,000.00 20,000,000.00 FHLMC 4. 07 1/13/2029-26 3134HB5R8 12/3/2025 20,000,000.00 4.092 19,807,088.80 12,13/2029 1,252 FHLMC 3.07 12/11/2029-26 4.02 12/17/2029-26 3134HCEJ4 3134HCGR4 12/11/2025 12/17/2025 Monthly Monthly 20,000,000.00 20,000,000.00 3.982 4.050 19,811,446.20 19,792,012.40 12/11/2029 12/17/2029 1,260 1,266 7/11/2026 7/17/2026 FHLMC FHLMC 3.94 12/26/2029-26 FNMA 3.93 1/14/2030-26 FHLMC 3.88 1/22/2030-26 3134HCLM9 3136GCE68 3134HCPW3 12/26/2025 1/14/2026 1/22/2026 Monthly Monthly Monthly 10,000,000.00 20,000,000.00 20,000,000.00 3.973 3.965 3.915 9,944,803.30 19,883,040.60 19,870,222.40 12/26/2029 1/14/2030 1J22/2030 1,275 1,294 1,302 7/26/2026 7/14/2026 7/22/2026 FHLMC 3.95 2/1/2030-26 FFCB 4.18 2/12/2030-26 FHLMC 3.85 2/19/2030-26 3134HCRE1 3133ETR90 3134HCVCO 2/2/2026 12/11/2025 2/19/2026 Monthly Continuous Monthlv 20,000,000.00 10,000,000.00 20,000,000.00 3,985 4.211 3.886 19,812,492.40 9,973,388.50 19,844,444.40 2/1/2030 2/12/2030 2/19/2030 1,312 1,323 1,330 7/1/2026 7/19/2026 FHLMC 4.02 3/18/2030-26 FHLMC 4.44 4/15/2030-26 FHLMC 4.29 5/6/2030-26 FHLMC 4,31 5/21/2030-26 FHLMC 4.02 6/11/2030-26 FHLMC 4.47 8/12/2030-26 FNMA 4.57 8/21/2030-26 3134HCZF9 3134HCD71 3134HCR43 3134HCS59 3134HCYR4 3134HCT33 3136GDDA8 3/18/2026 4/15/2026 5/6/2026 5/21/2026 3/11/2026 5/12/2026 5/21/2026 Monthly Monthly Monthly Monthly Monthly Monthly Monthly 20,000,000.00 20,000,000,00 20,000,000.00 20,000,000.00 20,000,000.00 20,000,000.00 20,000,000.00 4.056 4.478 4.328 4.346 4.054 4.506 4.606 19,854,473,20 19,818,918.60 19,815,914.20 19,974,655.00 19,936,772.20 19,850,321.00 19,948,589.40 3/18/2030 4/15/2030 5/6/2030 5/21/2030 6/11/2030 8/12/2030 8/21/2030 1,357 1,385 1,406 1,421 1,442 1,5 1,513 7/18/2026 7/15/2026 8/6/2026 8/21/2026 7/11/2026 8/ /2026 8/21/2U26 Sub Total / Average Fixed Assets j US Bank 455,640,000.00 3.739 451,925,769.58 1,180 LGIP I State of Washington State of Washington LGIP 1-GIP10130 12/31/2020 N/A 66,701,482.36 3.692 66,701,482.36 1 Sub Total /Average LGlP I Stale of 'Washingtor 66,701,482.36 3.692 66,701,482.36 1 Total/Average t 522,341,482.36 3.733 518,627,251.94 1,029 III. Other Revenue & Annual Review (See Reverse) IV. New Business a. Port of Mattawa - Event Center ($100k payment due 11/1/2026), Implementing Ind Dev Levy, 3 reimbursement grants with DOC, Maximum Registered Warrant Debt Limit V. Adjournmanet a. Next Meeting Date: Tuesday, August 25th, 2026 at 1:00 pm Annual Revelnue Comparison ■ 06-2026 � 06- 2025 (001) SALES & USE TAX (135) COMMUNICA-1-I0NS TAX (ONE TENTH) (117) PUBLIC, SAFELY 0 13/133) RURAL COUNTY ST SHARE TAX (DISTRESSED) (-121) COUNTY CRIMINAL JUSTICE (LAW &JUSTICE) (134) HOTEL/MOTEL LONGING PROPERTY TAXES PROPERTY TAXES - INTEREST & PENALTY 0 INVESTMENT INTEREST REAL ESTATE EXCISE TAX ADMISSION TAX STATE OR FEDERAL PILT o CD c] CD 0 Ca C> o o a C? c, o ry C) o C� o 0 o 0Ca CD 0 e� CD o 0 o ea o 0 0 o 0 0 0 0 a C' o o 0 0 o a o a o a o C) O Ci o o Q o 0 0 c a C) CD Co co 0 co c7 ct3 -. k.f4. ANNIIAI RFVFNIIF COMPARISON REVENUE SOURCE 06-2026 05-2026 04-2026 03-2026 02-2026 01-2026 12-2025 11-2025 $1,424,715.73 10-2025 $1,622,233.39 09-2025 $1,187,709.08 08-2025 $1,512,103.00 07-2025 $1,586,778.67 06-2025 $1,117,286.27 (001) SALES & USE TAX $1,278,075.39 $2,190,047.19 $1,150,436.67 $1,101,890.27 $1,311,139.62 $1,193,461.35 $1,299,532.36 TAX TENTH) $347,153.67 $439,961.29 $320,886.44 $314,658.22 $384,179.78 $340,587.01 $361,816.84 $383,401.85 $403,958.57 $345,526.29 $435,509.73 $394,981.64 $333.002.27 (135) COMMUNICATIONS (ONE PUBLIC SAFETY $540,169.34 $715,555.26 $471,343.56 $461,688.19 $657,002.10 $516,951.64 $540,071.76 $621,032.36 $691,856.90 $540,179.33 $742,761.60 $645,158.52 $504,947.12 (117) (113/133) RURAL COUNTY ST SHARE TAX (DISTRESSED) $314,322.97 $387,274.96 $276,826.45 $287,356.69 $346,178.19 $290,861.85 $305,013.32 $340,339.48 $365,617.61 $292,896.93 $395,454.17 $354,700.89 $267,907.72 (121) COUNTY CRIMINAL JUSTICE (LAIN 4, JUSTICE) $0.00 $0.00 $321,559.79 $0.00 $0,00 $321,647.90 $0.00 $0.00 $321,570.83 $0.00 $0.00 $321,918.85 -$15,618.80 (134) HOTEUMOTEL LODGING $31,225.49 $17,324.59 $24,077.83 $25,803.72 $26,777.25 $29,352.54 $39,641.88 $32,223.14 $167,402.34 $96,823.43 $112,067.07 $42,587.61 $27,581.63 PROPERTY TAXES $698,107.19 $1,393,233.39 $10,484,541.98 $682,594.09 $33,265.43 $266,216.27 $439,774.94 $1,253,570.88 $6,889,504.70 $336,279.80 $74,722.06 $24,273.72 $119,924.80 PROPERTY TAXES - INTEREST &PENALTY $104,706.77 $205,503.95 $261,036.95 $96,505.29 $41,144.60 $48,677.82 $167,200.00 $147,672.55 $91,752.44 $63,757.57 $57,254.52 $93,293.40 -$7,188.80 $365,340.03 $300,841.04 $212,672.80 $209,990.75 $245,289.77 $263,951.61 $237,763.31 $180,164.07 $114,583.90 $211,225.97 $168,826.56 $182,230.71 INVESTMENT INTEREST $329,004.18 $17,945.06 $11,463.53 $14,805.82 $15,277.84 $11,764.46 $11,394.86 $17,530.77 $11,828.82 $14,816.43 $18,036.56 $16,301.13 $26,205.76 $16,277.72 EXCISE. TAX REAL ESTATE TAX $522,872.80 $113.57 $15,503.77 $4,451.02 $762,785.83 $173,292.84 $330,007.02 $54,125.90 ADMISSION $305,947.75 $969,342.00 STATE OR FEDERAL PILT $994,779,70 $19,458.14 9ZoZj@qolooUIOAIle2@U@wL)o@qaoueleqs,pun3'(9 Z6V'9T$) 0-0 - o 00V (9c*z6V'91$) sn1dHns331H3HS ot7T 62--VCT'ZCT$ 00,0$ oz--gc-V,T$ 6T'869'OET$ ISSV N1 NOV XVI dOdd - 1AAH 6CT 9T'Z917'8jj7'T$ 8/-*SSZ'9ZT$ /-O-E66'/-OT$ /-8--Vz/-,9ct7,T$ ON101ino 9CT 2Z'TOV'Z-6T'T$ 00*0$ 00,0$ 2Z'TOV'/-6T'T$ IN3W11113S (110ldO LET Z9'6T0'Z$ 00.0$ -V9'/-96'/-ZI7$ Z9*6T0'Z$ 00*0$ HAINAO Noun-losid iindSIG NISVgviownioo 9CT 2z-*/8c,z-zc,e$ /-T.TZT,ogv$ OZ'-VZZ'96Z'8$ SN01IV:DlNnwwoo/k:DN39H3W3 92T Z6*22S'OSC'Z$ OO*OOO,qs t79* I *VO'l S$ 9Z*9CS'TOC'Z$ XVI 91\119GOI VET /-Z'/--VT'Z-Z,L'9$ 00,002,203 69*CZ9'-VZ-T$ 82*Czq,099,9$ 1vHnHIN3W33NVHN3 31HON031 CCT IC*6Z-6'8Z-9'T$ L T - L Z 9'/- L $ 0 2'Z 17Z,88$ 8T'60-V'898'1$ u31dvnO ONZ IJAU ZCT Z6'999'VSS$ 00,0$ ez*-vc-v,g$ vq-mZ,q-vS$ N1WGV9Nisn0H SSAIIHOH ICT T9*Z89'8ZT$ 90--v8z,8z$ 9679Z'8-V$ T/--EO/-'80T$ ONisnOH SSAIIHOH OCT 26'ZZT'6Z$ 9 0 * S v T, S$ 2Z*Z 99'6$ 9/-.OT9,vz$ SNisn0l-1 llqV(IUOJJV 6ZT sl!sod@p pqiomjno s@su@dx@ - sjuej� Aq p@punA (T0'L9L'ZLI$) MOLZ'TCZ$ O9'Ct792t7$ Ze-0966$ Ad0lA M3N 2ZT CC*Z6C'26Z$ -V9*2TL'9T$ 00,0$ L2-OTT'VTC$ INANIAOMM IHf103 IVIHI /-ZT -V0-6TC'9176'-V$ 92-9ze'9L$ Z8'966'L9$ 20*6PT'VC6'"V$ HAIdVnb 1ST IAAH 9ZT T C'S-l79'Z-17Z'Z$ C2-900,-vez$ CL-COC'62Z$ T-V-2VS'L91'Z$ loc] SZ1 99'ZOL'919$ 00*0$ 6Z-689'L$ LE-ETT'809$ w,,R o s,uoiianv VZT 6Z-*ZZO'ZLL'Z$ 09*Ot79'L-V$ TL'-VOO'S$ 89-999'TT2'Z$ JAHASAH dHA CZ1 8Z'SSC'T$ 00.0$ oo*ez$ 8Z*/-ZC'T$ 9NI11-1911 ADINWII zz:1 -vz*ovg'cl-v$ EO'OC9'6ZZ$ 00*0$ LZ'OLT'CV9$ 10 1 IS A f 12 /\AV] TZT 9L'ZLZ'069$ 99-L99'ST$ -vz*ggg,T$ LT*V'S6'209$ dW00 W1101A ANIHO OZT LZ'SVL$ 00,0$-- EL*T6L$ (grg-W HOSS3SSV - NI NOV A-MdOdcl IJAH 61T 00*0$ 00,0$ 00,0$ 00,0$ SIN3WSS3SSV ONnA iN3WISAANl 2TT 16*6VL'ZZS'Tl$ O9*LC9'VZV'C$ LT'LTS'ZI-S$ VZ'OL8'VL2"l7T$ XVI SAWS T NOIIISOdOdd LTT ZZ-996'Z69$ Z2-06L'9TT$ T9*SVC'6VT$ CO*TOt7'099$ HIVA A1NfI00 9TT t76-TW9VZ$ 00.0$ 98*ZTL$ 80*6TL"V-VZ$ WHOOdd ININA:DVIdAH HKAdW03 M3N3H 911 SZOZ j@qw@3@0 U1 @A110@U @wco@q aouclecl s,pun3 (6L'OS-V'CLT$) 9-V'920'96T'S$ 66*"0'LV$ 61*TL9'9,V$ -- 00*009 1 V$-- --,(08"906&OCT$) 80*669'6ET$ L9*890'COT'9$ 9N1SlIH3AOV1swn01 ININIONVHNI 31HON001 K T' ETT ZT-SLL'999$ T6'OEC'L$ 96*8C8'Z$ L0*/-9Z'TL9$ NOISSIONO3 llVf ZIT E3Z*OC-V'L/-T$ L6*9C9'T$ LC*T8C'C$ 28*929'9LT$ wRo midnsvidi TTT C8'8CT'L9$ CO*9ZVT$ ZT,z-v6,z$ VL*ZZC'99$ AHVH all MV-1 OTT 90*6VS'9'OC$ ZL-T6C'9$ -V-V*860'8T$ CS*ZVWMi�$ EldnionoA iANl 60T V/-*96V'OZ9'61$ TZ:*6ZV9T8'T$ O-V'800'L-V9'T$ 99*9T/-'68L'61$ AA3 N 3 d 20T ZC'ZZ9'96T$ 00*0$ 00,0$ ZC*ZZ8'96T$ UNnA]IAVHS] LOT 6L*8t7O'q$ 00*0$ ec'sz$ T-V,Szo,g$ Alldno3s SN0110113 C VAVH 90T Z9*SZ-V'T6Z'Z$ T 9'696'OZ9$ 00"99.v,sz$ 99--Vgg, 9-$ 96*9ZZ'OTC'Z$ NOWN9031H I? HIM0U9'!DNlNlVHI 33A0ldW3 SOT LL*6LI'ZT$ LS*TZ9'8$ T8*/-ZS"VZ9$ 3ONVISISSV NVHJIJA VOT V5-6CT'9LC$ 00*0$ 99760,T$ 69'9V0',VLC$ SJIVIAI 12 HIVd COT 0 0 - Ov 00,0$ 00,0$ 00*0$ SNOU0313 - 13V S3HV3 ZOT 2L'1--VL'-VZ9'ZT$ LL'9L078t7'T$ 09'V9Z'Z86$ 96*196'9Z0'Cl$ SOVOld Adl\lnoo TOT C1v,SZL't762'TC$ T9T-cZC'ZZO'9$ Q -.." rI f1i ri 9 - 6*OTL'C/-Z'S$ ciinnirN C9-LCCTt79'TC$ a-111PIPS3 guluul�OA ASNAdXAINAHHnoj OweN punj TOO 'ON punj Slui3LULUUJ K7 i cl -W . 11 ";j r. -1 1..j 9z0z/os/90 - 9zoz/10/90 q3uejE)-,3-jV cj3uj3jeq qseo punj Ajunoo jainsewiL Ajunoo juej!q .~~~.A-^-_-_