Exhibit I - Average Cash Vault Deposits Summary

Exhibit I is a financial analysis document supporting Volusia County's RFP #25-P-131TF for comprehensive banking services, detailing average daily cash vault deposit volumes for the County and its Constitutional Officers (Property Appraiser, Supervisor of Elections, and Tax Collector) for the period June 1, 2024 through May 31, 2025. The exhibit presents critical transaction data across multiple county entities, including the County itself, Property Appraiser, Supervisor of Elections, Tax Collector, and the Corrections Inmate Fund account. The analysis encompasses 2,560 total annual deposits totaling $170,301,000, with 3,380 checks valued at $25,151,000 and cash deposits of $145,150,000, calculated across 250 banking days (52 weeks minus 10 holidays). The County represents the largest volume component with 1,065 annual deposits averaging $131,343 per deposit, followed by the Tax Collector with 1,334 deposits averaging $21,678. Performance metrics include an average daily cash vault volume of $580,600, an average of 14 daily check items, and an average of 10.24 total daily deposits.

The exhibit establishes baseline transaction volumes and deposit patterns essential for evaluating bidder capabilities to manage the County's banking infrastructure. The data demonstrates significant cash flow concentration within the Tax Collector ($28,884,000 annual cash) and County operations ($116,039,000 annual cash), requiring banks to demonstrate processing capacity for high-volume deposit operations. These metrics inform the bank selection process for managing multiple specialized accounts, ensuring float elimination, and optimizing interest earnings through appropriate sweep arrangements and vault processing capabilities within the specified Florida banking geography.