LASP - Reporting Requirements and Forms
Depository Institutions that maintain local agency deposits are required to submit a report on a weekly and quarterly basis to the Administrator of Local Agency Security Program, in accordance with Government Code 53663(b) and 53661(e), respectively.
Agents of Depository Institutions are required to report to the Administrator within two business days after any addition, withdrawal, or substitution of pooled securities that secure local agency deposits, in accordance with California Government Code Section 53663 (a). Agent of Depository Institutions are also, on a quarterly basis, responsible for providing a certification of market value of eligible securities maintained by depository institutions is comply with Government Code 53652.
The weekly report information must be as of the close of business each Wednesday and submitted to the Administrator within five(5) business days.
The quarterly report is due within 20 business days of the date after the quarter ended. Below are the due dates for 2018:
|As of Close of Business:||Received No Later Than:|
|March 31, 2018||April 27, 2018|
|June 30, 2018||July 30, 2018|
|September 30, 2018||October 26, 2018|
|December 31, 2018||January 30, 2019|