Loading...
HomeMy WebLinkAbout2022 City Treasurer - Quarterly Investment Summary Reports ,OSTINGro 2000 Main Street, Huntington Beach,CA o F e 48 _ City of Huntington Beach f-�I'�ev✓ 7-0 * ifte--7:_. Z COoNTsi File #: 23-111 MEETING DATE: 2/7/2023 REQUEST FOR CITY COUNCIL ACTION SUBMITTED TO: Honorable Mayor and City Council Members SUBMITTED BY: Alisa Backstrom, City Treasurer VIA: Alisa Backstrom, City Treasurer PREPARED BY: Alisa Backstrom, City Treasurer Subject: Receive and File the City Treasurer's December 2022 Quarterly Investment Summary Report Statement of Issue: Receive and File the City Treasurer's Quarterly Investment Report for December 2022, pursuant to Section 17.0 of the Investment Policy of the City of Huntington Beach. Financial Impact: Not Applicable. Recommended Action: Receive and File the City Treasurer's Quarterly Investment Report for December 2022, pursuant to Section 17.0 of the Investment Policy of the City of Huntington Beach. Alternative Action(s): Deny or Critique Quarterly report. Analysis: Not Applicable. Environmental Status: Not Applicable. Strategic Plan Goal: Financial Sustainability, Public Safety or Other Attachment(s): 1. Treasurer's Quarterly Investment Report for December 2022 2. Treasurer's PowerPoint Presentation for December 2022 City of Huntington Beach Page 1 of 1 Printed on 2/1/2023 powered3lj Legistarr" City Huntingtonof Beach Quarterly Investment Report December 2022 I ,Nv 1NG�p': �t C ¢us�pnar " `k C0V(y�T�lf!"'� ' Prepared by: Alisa Backstrom, MBA, CCMT, CPFIM City Treasurer Colin Stevens, MPP Treasury Associate 1 32 INVESTMENT PORTFOLIO SUMMARY AS OF: December 31 , 2022 Investment Type $ in 000's Market Value Book Value Federal Agency Issues $ 137,664 $ 147,116 CA Asset Management Program (CAMP) $ 19,127 $ 19,127 Treasury Securities $ 81,463 $ 85,671 Medium Term Notes -Supranationals $ 27,099 $ 29,059 Corporate Bonds $ 38,469 $ 39,568 Commercial Paper $ 4,877 $ 4,889 TOTAL $ 308,699 $ 325,430 Currently, funds within this portfolio are invested in the California Asset Management Program "CAMP", commercial paper, U.S. Treasury securities, Supranationals (International Bank of Reconstruction and Development "IBRD", Inter-American Development Bank "IADB"), Federal Agency securities and corporate bonds. Only the investment types allowed under California Government Code Section 53601 and the City's Investment Policy Statement are utilized. Short-term interest rates continued to rise during the fourth quarter of 2022 as the Federal Reserve continued to raise the Federal Funds rate. As interest rates rise, the market price of the securities previously purchased (at lower than the current market rates) goes down. This has resulted in the current market value of the portfolio being lower than the book value, at $308.7 million versus $325.4 million, respectively. These increasing interest rates will allow excess funds to be invested at higher rates resulting in increased interest income in the future. 2 33 PORTFOLIO BREAKOUT BY TYPE- BOOK VALUE as % of Total Portfolio Sector Breakdown CAMP Corporates 5.88% 12.16% Commercial Paper 1.50% U.S. Treasuries 26.33% j. 51 U.S. Agencies 4� 45.21% Supranational 8.93% Book Value % of Port The largest holding by security type at month-end was Federal Agency securities at approximately 45% of the total overall portfolio. This was followed by U.S. Treasury securities at approximately 26% of the total portfolio as of December 30. Overnight liquidity has been reduced as higher interest rates have become available in marketable securities. INVESTMENT PORTFOLIO EARNINGS Period Earnings Summary(31 Days) Fiscal YTD Summary(184 Days) Net Period Earnings $462.459.62 Net Period Earnings $2,232,897.34 Last FY Period Net Earnings $260.935.33 Last FY Period Net Earnings $1,559.308.07 Avg Daily Book Balance $314,957.219.95 Avg Daily Book Balance $309,497.256.99 Net Effective Annual Return 1.743% Net Effective Annual Return 1.436% Earnings for the month of December 2022 were $462,460, an increase of approximately 77% from the same month in the prior year, due to the increase in interest rates. Fiscal year to date earnings of $2,232,897 were up approximately 43% from the previous fiscal year. The effective rate of return for December was 1.74%, with a fiscal year-to-date return of 1.44%. The increase in the December rate of 3 34 return over that of the fiscal year-to-date return is a result of the portfolio investing in the higher available rates. The benchmark has increased rapidly with the sharp rise in interest rates, especially on the short end, during 2022. At the end of December, the 12-month moving average of the interpolated 1.5-year U.S. Treasury was 2.84%. The portfolio rate of return will lag behind the benchmark, as it will take time for previously purchased securities to mature and funds reinvested. QUARTERLY PORTFOLIO ACTIVITY ., October 1 to December 30, 2022$ Investment Type Purchases/ Calls/Maturities/ $ in 000's Deposits Withdrawals Federal Agency Issues $ 8,000 Local Agency Investment Fund (LAIF) * $ 68 $ 3,788 CA Asset Management Program (CAMP)* $ 9,128 $ 9,001 Corporate Bonds $ 5,000 Commercial Paper $ 5,000 $ 5,000 Treasury Securities $ 8,000 $ - OC Investment Pool * $ 10 $ 17 TOTAL $ 35,206 $ 17,806 *Includes Interest Income As the Federal Reserve continued to raise rates in the latter half of the 2022, funds were moved when possible into higher yielding options. Liquidity funds were moved from LAIF to the California Asset Management Program ("CAMP") account in order to take advantage of the higher yield. The CAMP Pool is a permitted investment for all local agencies under California Government Code Section 53601(p). It also has the highest rating by Standard & Poor's of AAAm. As of 01/17/23, this fund had a current seven-day yield of 4.48%. In addition to moving funds to CAMP, $5 million in Commercial Paper matured. $8 million in Federal Agencies was purchased, one $5 million Corporate Bond (Bristol-Myers Squibb) was purchased, $5 million in Commercial Paper was purchased, and two U.S. Treasury Securities were purchased for a total of $8 million. 4 35 COMPLIANCE SUMMARY MAXIMUM SPECIFIED%OF INVESTMENT MAXIMUM MINIMUM QUALITY IN PORTFOLIO/ TYPE MATURITY REQUIREMENTS COMPLIANCE? MAXIMUM PER ISSUER Commercial 270 days 25%/10% Al, "A" Rating Paper YES State Obligations- 5 years None/10% "A" Rating YES -CA And Others U.S.Treasury 5 years None None YES Obligations U.S. Government Agency 5 years None None YES Obligations IBRD, IFC, IADB 5 years 10% "AA" Rating YES Corporate Notes 5 years 30%/10% "A" Rating YES Local Agency Investment Fund N/A Up to$75,000,000 None YES (LAIF) Orange County Investment Pool N/A Up to$75,000,000 None (OCIP) YES CA Asset Mgt N/A Up to$75,000,000 None YES Program (CAMP) Maximum Maturities No more than 50%of portfolio maturing over 4 years. YES There were no compliance issues during this period. 5 36 ECONOMIC AND MARKET OVERVIEW MARKET SUMMARY: SEPTEMBER 30, 2022 - December 30, 2022 Fed Funds 2-Yr. 10-Yr. As of: Rate Treasury Treasury S&P 500 DJIA 9130/2022 3.00 - 3.25% 4.22% 3.83% $ 3,585.62 $ 28,725.51 12/30/2022 4.25-4.50% 4.41% 3.88% $ 3,839.50 $ 33,147.25 %Change 41.67% 4.50% 1.31% 7.08% 15.39% The Federal Open Market Committee (FOMC) met in December to discuss the current state of the economy and to examine potential future interest rate adjustments. They concluded that recent indicators point to modest growth in spending and production. In addition to Russia's war against Ukraine causing tremendous human and economic hardship, inflation remains elevated, reflecting supply and demand imbalances related to the pandemic. Fixed Income I Equity Markets: The yield on the 10-year U.S. Treasury finished the quarter at 3.88%, up from 3.83% at the end of last quarter. The S&P 500 increased by 7.08% while the DJIA increased by 15.39% respectively, over the same period. Employment: Total nonfarm payroll employment rose by 223,000 in December and the unemployment rate remained the same at 3.5 percent. Notable job gains occurred in leisure and hospitality, health care, construction, and social assistance. 6 37 N T A , c C O CO CO O 0 O. .�-! 'O r O O 10 U y 0- .ti 0 co N N 0 0 i U CO N_ O ci N N N .O m co c r 3 «� M C6 C ~ N C O R 't t Ts mam am oo E u Q E ` .°.. 7 t eo c Co o au Ta co Y csi .7 o ff o Co o a H C F U n LL oN N O V -I1q N c °O 0 0 0 0 0 0 a-I E `" `° m 0 a O 7 O' C 5 0 O O 0 ✓ p -0 C N V N a C s ca 0 O c' 0 o o Ui co 0 ch O .p Y L C N 7 • O. p . .o • Lri o. O N g° C ut .+ co"I C) co O� Co O .�-i �-? a/ a) ' CZ CO7 N V N i O N fo O N ^ P b .N a-I Q Y i V O V N a--i O > CL O R c,: W a-i I. N O 00 CI bq to 03 +14- .E E p O. b1 Wf OM tO Mti, M C Loy 1- co s ao a) E o c v o 0 E CO .>- fl- Cifi O O La E v C ' C) O`• N e-1 Oa C C NO C: O .0 CYN c0 V H O c O O. a. co fo - 0 > E aai 03 Q CO `• a > LL• C O m a7 •- N N OV C '� > > 22 N m O C O Z a+ > W a0+ ,'j, c 7 Cl V -O N �O O co e-I N O 3 < Z 's � v i a " N °i � `o cst NO 0 °_, "O F- Y N Co N to e-I -a M to m j 0 a� co so O `~ Ln a LL O } v m U a0 N o; N O, ifl LCO O. M WO 44 co N1 OVI. N M L,7 v a.) co a+ N -C oN. to T 7 O Z' Y N co e0-.1 00.0.O > to U H _ N C7 N 0' co N to p_ a-. O O. m v o. uN1` v aocY > M0008o 01 0 N O p, N C co m ra o C1 7 CO • O O o 0 M n ei Tr N .- `l 'D E 2 C is CO 00 O O O O C t,R eA VT a > C p so .. CN'! 0 0 O N .Op O co 'C II E d .�-! g W N 'crr' M N E OEU ,,t) .0@A c !R V# to t to I y C COO O E Ca C -2 OL N C C u O N pO C a Yl ` C W •E C_ CO A a+ C E N J (E W 1a ja a C v, W m O O C X p Ln W N Z O0 COQ �+ O a 9 y 0 O E O. a. 0 co a ` `2N a va - 2 c v o wCOa y -C.,_. Cl- Y NO a 1 W WZti; • iii N "u ea VN 42i ° Q - a Z u in 0 H Q J tJ D VI n u i- M CO 0 a0 N NCO N % co `A 3 $ M N N o COO M N CCOO O Ni • N v N • coc co co coo O. O. - el oi - a..i N a♦ 0 v .p a '0 ' N N a-. lC U N .n M M M*FrN W CO y a-1 to w to +A to E a �, R Em � coNm a) m N O .. OA 0 i3„ is m O t O c N NJ > Y v C U w r m- �' 0 Q N4 O Y 3 t a C — a m d .. f0 to R w d2aceaN-N-1u- ° v a, m y 0/ E 2 a) ; a fa y a .0 co 'a CO Y y a! ' W N N •> N 't yco 4,L O a/ ad+ cl am' ,.. Ys O. O C 3 CO O 7 H C 1 0. i r o ° �i '+4 1 ai ai w m 2y co a < 0. u 0 0 C CL Z 0 E 0 U _ 0 O o o co p co co O 0? cc! ix) 0 • 0 1p C) N P O` • CO C) N C) C•) • C) CO ▪ C) C) n N N 2 o. 1i Cr Os (1) CO 0) O C),13 fh > C) M o L m o O o CL 0] of C a' O t Co C C C 7 :F a C L.L C 0 C) C) T > > Ci 0) CO 2 C') CMi t ri ri 0 (G N N U + Os' a0.7 ✓ 0 1— E 00 O o E ▪ c c v LJ 0 o Q v ' m •E `o DD • ro O O O .fl u u o U. LL iiilli z z z z ZZZZ a 4- + + + + + + + + + -F + + + + + + + + + + + + -I- -I- -I- + ++ + o a / * * a a a a aaaaa + aa w T d 0 0 0 f0 0 f0 0 0 m'.0 0 0 0 0 0 0 0 0 N' 0 0 t\t) 0 0 0 t0 0 f0 0 IC c-1 co N A N v d a a ¢ ¢ a a ¢ ¢ a a a ¢ ¢ .2 a ¢ ¢ a a a a a a a a a a a a a a d Q a ¢ a a 0 O 0 0000000000000000000 00000 'a 0 000000000000 46t O 0 N V M V N M Ln M..V M M P N N O N CI a.U) 0, M CO Cr .O CO Cr n M a s Ln N N Cr P Cr Cr Cr M Cr Lo Lo P Lo Lo ul rl Lo Ln N Ln Ln P co Lo Lo .o ul M Ln V N to Ln Lc-) Ln Ln P to Ln .-1 P 0, Ln CO Ln Ln Ln N N dN e4 O ri .-i .-i N ,i ri .-i .-i e-I O O ,i ri r O r l ,i i ,i N r1 .--i .--i ,i ,--i .--i co e-i e-i N O O "I O v. v. ri v. .--i 0y j O W r1 v. N .0 •0 N N N CO P .0 N CO CO p CO CO st O N Ln P M Lo P P P P P Cr rl N O V Ln rI j,y,, C N r-I .--I V Cr V N N P co .o P a N N M M M `O O N O M p .--I Cr t!) Ln .D .O Ln P CO CO Cr O N QEl 1 N N N Ln Ln to Ln to .O •O co P P P N N O P r1'r1 .--I c-I rI N N Cr Ln Ln `0 U) 2 o C .2.2. O `O .O N Ln Ln,Ln N N Ln.P N CO c-I P O Cr N N O M O O O M M O M co Ln Ln N CO Ln CO Ln O O U cy Ln c-I Ln Ln •0 Cr Cr Ln ul Ln .O N CO Ln Ln Ln V Ln Ln a. Ln •o •o Ln N 0 s a a a a a `D N r1 CO Cr .O .O 41'.j O O.O O O .-i .--i .-I .-i .--; .--I .-+ N N N N M Cl M a O O .--i N N M O O O O O O O .-i e-I .--i .--i .-I W0 Tu N V .--( e-I M O N O Ln O Ln O .O Ln Ln co o o Ln 0 O .-i Ln CO N O ON > O N .-1 P 0 co .O N P `Cr P N N c-I CO O Ln P CO 0 N N N CO .--I N Ln V O Ln co •O .r CO V N O V y `0 Ln N P P N Ct o Ln N Ln P N UD N r1 P CD N O.. N N V Ln Ln co Ln N N Cr V V CO N N 0, 0 N V .� 00 O N N c-i ri N .--I O V O O .--i O O .--I V N N O O O O Ni N N N N N V N V O .--i V o 8 8 8880800000888008o88 0 888888 8 008888800008 0 O O CCCCCCCCCCCCCCCCCC 0 O O O'0 0 0 0 0 0 0 0 0 0 > In Ln co Ln.In 0 `D 0.0 0 Ln co .O 0 0 In Ln.0 N T co o U o P N. 0 0 o CO 0 C ^ Ln O W o 0 (N rl N Ln co c-i P O .O O N CO co Ln P .--I O .--sN CO O N N •o ri LD W N W N .O a N N P ri .O •D LD N V N Ln CO C co .-� •o C N CO `O Cr Cr Ln Cr N •0 rl CO N N N CO O `O CO O O CO N N Cr Cr P rl P O .--. Ln N M Lo CO Cr rI P V P `O N V N N co P Ln o .-I Ln N 0 W co. P 0P W W N CO N co.0D N N 00 Ln CT co. V 2 a 00 a P P N Ln V V O P P P P P P CO W O N N P 2 a a N V V V •D V a a V N N V V a a 0 a V co co a a a a a N V V `O N N Cr N Cr Ln V COi V O 0 0, rl co .0 N .O .0 N CO Cl- 0, 0 N Cl- O Ln N `O o CO Cr CO Ln N O U) o- co 0 Ln Ln Cr O O Ln 70 O •O W N o. .0 .-a co N co Ln N .0 V •O co O O '0 co so N o- so. N Ln .O N N O P Ln o- N Ln N V rI O o. N a Ln N P `O V es N a: Ln O ul coN P P P P a U) N Ln C' P co so O W .'y N M N CO co O o o N Ln Lo Ln rl Ln Ln .O.a 0 Ln V N Ln •D N (A rl .O O W N a Ln co Co .o N Ln V O 0 .0 Ln M V N V 000v. > N N `O Ln rl P'.to N l+) Ln O M N Ln M N N 0` r1 O Ln M co to M .-'� 0 a N P r1 V co M N O o co Y c C P Ln Ln Ln o `O `D P O N .--i M co'.O V co 0' Ln N O N o CD M CO .O P O O N M V co CO r1 cc O O O 0 co co P .-, N..-) o `o Ln.o .-i P M O Ln co e-I V V o V N ti N CO N P .0 0 c-I c-I O O rl CO 0 0 0 0 - 0 00 CO P o 0, O 0, 0, 0 0 0 0, 0 0, 0, 0, N 0, 0` 0, CO •0 O O O 0, o, P O O o 0 O o O m 0 0 0 0 0 t • m V a N Lft V ul `O of L!1'a'Lcs V C1 N V V Ln V P a a co a Ln Ln a a a N Ln Ln n Cj c Ln N Lfl Ln Ln V Ln O ,- 0_ V el ccN o m 3 O O 0 0 0 0 0 0 O.0 0 0 0 0 0 0 0 0 0 0 0 0.. 0 CCCCCC 8 O O O O O O O O O O O O ++ O y 0 O O O O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O O O O O O goo O O O O O O o 0 0 V -OA 7 O 0000000200000000000. 8 O O O p O O $ O O O O O O O O O O O O D 8 0 0 0 o o O O 0 0 0 0 0 0 0 0 O O O a o 0 0 0 -I-, > O O 0000000 0 0 0 0 0 0 0 0 COC C CCCCCC 0 0 0 O O O O O O O O o +' . 0 0 0 0 O'O O O O O.O.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8 0 0 0 0 0 0 0 0 0 0 0 0 N O La O O CCCCCCCCCCCCCCCCCCC $ O O O O O o , O CCCCCCCCCCCC >. m a 0 0 0 0 0 0 0 O o O o O o 0 0 o O o o O o o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o O o Ib = Ln ul M Ln Ln Ln N Ln Ln a Ln Ln (`l M Ln Ln Ln Ln rl Ln LC) W a Ln Ln Ln Ln U) , N Ln Ln N C) co Ln Lh Ln Ln Ln o- Ln Lo 9- • O Y C) L �+ (Ni P N N N N N N N N P rl N rl "1 ti rr .-1 C'I N P O .-I r1 rI r, P CO N P P P N P N .i "I N co N .-( N N N N N N N N rl N NNNNNNNN NNN .--I rl N .--1 .-I rl N rl N N N N O• u 0 O O O O O O O.O O O O O O O O O O O O O O O O O O O 0 0 0 0 0 0 0 0 0 0 0 0 In y N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N Ln Lo V N .-i N N V (N N Ln a-I CO P N rI O Cl co P CO CD M O N O `O O P CO V Ln N Cl N N N C) . O O \ O N O N ri \ N O M .'I N M M N N N N N N M \ <\l N N O O rI rI O N N N O N O N ti N .\-1 U) Ln .-I N CO N N rI Ln P N Cr, P rI N M M V N e) V N N Ln M CO CO N Ln N N N P O rl rl 0 0 0 0 0 0 0 0 e-1 .-1 rl 0 0 rl 0 o rl -) CCCCCC 0 rI 0 0 0 0 rI 0 .--I " rl 0 CZ as v C) x o .0ii el! 'v C) a a-D 0 0 D D p a s a v 8 a p p 0 V -a -o v v -CS -o >7 -a a >7 -0 v -o x x x x x O x X X •x x x x x p p x x x x x x 0) 0) x x x x X X x X x x X x Il 11 It LE 11 2 is W W LL L 0 LL LCC g g IL P LL LL .1c LL LL LL LL LL LL LL LL LL LL 11 LL LL LL LL LL r r r r r op r r r vp } > } co a r C O 0 r r > > r r r >- >- r r r r r r r r >- >- - U) N U N W c-i 7 V V a V ON 00 O csi •ri O O M ~ ." : V V cl, co Ul `NO, N CO V CO so so Lo so so d' 0 O O .-1 N N z 0 o 0.0 O a ri .i z z rl Q N p) O O O O .--i .-i .-I .-C C ti ti N N N N M M M V ~ co M V W coN coN NI N N N coN.N N N N M M a a Y } V N O 0 N N N N N N N N N N N N N N N N N N N C O C O O N C O O O O O O O O N 0000000000000000000 N N N N N N v O N N N P P N N N O N N N N N N N N N N N N N N N N N N N LC N P W O P P c-I e-I M V co i W , , , O O , .-I U) O \-I Ln .-I .--i c-I , .,-I .-I O ON ". N N N `D C co o O `� `"I ri ,-I V a .--I O N N CO CO CO CO CO CO CO c-I M CO rl CO CO\ CO (\) CO CO CO H N CO co N O O 12 Ln so O p p P \O Cl .O N0 ON D' 0 N N N .o .o N N.O P O •O N W LD N N W •O Vi O O O O .-� N O O O O O O `"� O O N N O N O 0 0 0 0 0 0 0 0 O O .--� 0 0 0 0 0 0 0 0 O O O ) o Ln O O Ln Ln Ln ^ 0 O ul O O O o O O ,) Ln O O O O Ln O O Ln O O O Ln O O O = NO a p CON O N Ln N .Np N N m p N O N L\I CO { Y V) N .Lrl N-I M N o N N Cl U L CO. N N N .O N N N N N .-i O O N Ni C'C N N N N C (V V `0 co V m ,-I .--i O .-i .-1 N rI ri N ri ri O O N O o O M m m 0 0 p LL ♦- F- F- F- I- I- I- I- I- I- I- I- I- I- I- I- I- I- I- 0 0 0= c K ON 2 2 2 -I -1 z 0 LL 2 NN O 2 D a a m m m .0 LL LL. LL LL 2 LL LL LL LL O o LL 2 o p CO CO ce m LL LL '.. CO 0, N 0` "I CO CO N N `D N `0 rI N p p a P P N M .-. N V O V r1 Ln O Ln to co N Ln co N Ln CO NPz0NXwoDLn22Om Na333 Xr > w XCC0 zza0Xuau a F X CO CO 2 N a 2 w w D z I > O M 0 - 2 co co u co co co co co LO m m u 0 u w u u u 0 .O W W g LL M M a a O V U 0'Of > P N N N N N N N N N N N N N N N N NM so OD CO O 0 0 O ap oM co N N 0 pM CO 0 0 0 CO ✓ N co CD c0 LD 00 CO W CO CO O CO Lb O 00 N CO CO CO N N Ly N N N N N N N N N N N N N N N N CO CO P P M CO Cl CO CO CO CO CO M co CO CO N .--I rl 0' 0' rl rl rl rl rl rl rl ri 0 rl rl r/ r1 a.0' rl Ln Ln Ul Ln Ln Ln .-i coa. rl ."I rl ri .M ri rl rl rl a. (N cx P P 0, P P P P P P P P P P P P P P P P V V V V V V co.M M co.co co co co co co co M 0 O to ',. C a a. N N Cr a O elLD "I 00 O `0 0 0 "I "I 0, N OsCO CO0, a 11 0 rt 1 "I O Niz 0, N COL N CO CO d' • N = N P ul N ul 40 N Lo Ln .O P Ln N M Cr Ln V CO V N P P N M rl N CO CO `0 CO CO CO N Cr. N Cr V N a N j M N CO L`l L'N M M Cl C7 M N L`l M M C7 M M M C) M N N C) M M M N N C) N N N M N M M M M 00 N D ,i. a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a C ii . ▪ M o N IY r-I U 1=u, crrcece � cecece0 � Y � o = cece ce oo zzzzz zzzzl zzzzzzzz z '' a + � 0 LL Q a ++Q Q+Q q+q q+q q+q + Q+Q Q+Q + q+q + Q+Q.QQ+ qq+ + q+q Q++ Q+Q Q+Q QQ Q Ln Q Q ...5.. Q * 3 c O Q Q Q Q Q Q Q. Q ,Q Q Q / Q Q Q Q.. Q Q m Q a N M N Q a -, 0 (0 is 0 is A 0 0 A 0 m 2 0 0 0 0 0 0 0 ,0 .ti Q Q Q N 0 0 0 0 0 0 LU N m IG o t0 N N o N O N Q Q QQQQQQQQQQQQQQQ < QQQ QQQ 0 oe a o 0 0 0 00 0 0 0 0 0 0 0 0 , o . . N C c o N r '0 o 0 0 a a a a a CO M a 0 a N'.a s a a a CO a a ci a N O N O co u) co h , '1 N LL-, u) ul v) Vl ul a Vl a u) 0.lr) ul u) u) u) v) u) u) N v) X) U u) N Vl CO LC, a a-I ri a0 r.l ,4 .--1 .--i ,I ,I .-i .-i .-i .-i 0 .-1 .-1 c+ r 1 ,I .--i ,I t 1 V r O 0 r „ „ „ „ „ .Ni Oa. O V co j 00 N 00 P co 00 c-I •O O T u~l O� H N V .a-1 a co O `O L. 00 N .O j„N CO CO CO N O 0. .-i CO h CO O .1 .y .-q .1 N N N co , O h M h'N M CO N N N •0 `O •O h CO CO 0, 0, U 0• c-i .-1 ei ei .--i e-I e-1 .--i e-i' N N u) u1 ,00, 0. ci 0 0 C O 0 0' O. a C,") 0, 0 N CO .--1 CO CO a N Ln Ln N -i N . Cl a N'..-1 0.v) '0 0. h. Wi h -1•O .O O. . co. u) .O Cr:N. • ...O. O N M C.? M O Ln a u '0 CO V N l a-i .,> ,-I ,-I .-1 .'-i N a Q;N N N N N N N N CO CO CO CO r) O O O „ .-1 .-1 N N M W 0 w O.O O O u) 0 0 0 40 O O u) 0 0 0 0 CO O, ul O c+ O O 0 0 0 0 0 >- O O O O N N u) O'- O O a •O O O M N M N N N N u) N C0 .-i ul C0 y CO O O v) .O Y) N CO CO h u),ul u1 u) CO O CO M.M h •O O N u) 0` N .-1 7 O 0 .4 ,i O O O .-1 O .-1 O O.O O'O O .-i O „ c+ O .-1 N .-1 O o M a a m w 0000000000000000000. 01 0 0 0 •0 0 0 0 0 0~D o 0 0 0 0 0 0 u) O O O O O O O O O o .p o O.N 0 O O.O 0 0 .--i m 000dod0idroddoddddddd o od .-iovoodo 'r' N > Ln.Ln ut O Ln in co 0 a Li) N v.v) C u) 0 CO 0 O N 0 a O• O a u) N CO Ln ti .O 00 •O •0 N CO u) a CO •O u) co. O• a a •O „ a 0. co C.j `O'N CO N. N .-1 •0 0: N ...j Y .O CO. M u1 a O. 0 O N h C 0'00 0 •O u1 M 0. .-1 `O h .--i N h .-1 a N co •O 0' h co h N O. N a h a co O CO N CO N Cr) '0 u) vi .O •O 0` c .-1 •0 •0 O N •0 u) l0 •0 .O .O Ln u) In N u) N V)'•O a a a a a a ul u) N 0. O. co.. N '0 •O O. 0• h a P 2 a a a a a a a a a a N a a 7 a a a a a co V .-1 N a M a V) a s cc O ei N 0 0 0 0 0 O• 0 O , O c0 .1 .-1 O O O u) N O 00 h a 0• O O. N a .-1 0. M 0 O. O O O O M O O O O O „ •O O O O o M O co M rn '0 P N N O CO h N 2 o 0 0 0 0 .-1 O O h 0 00 .-1 ri O o 0 0` a d a co o` N co .-1 N ri 0 0 h M j 0 0 0 0 0 Ln O O 00 O u) •O.h O O O u) u) o N 00 0'.O N CO h •O .-1 N 0 O O O O O O a O O •O O O• O• a O O O N u) o .D •O',�'.co. a u) .--i M -co •O 0j O O d 0 O V O O 0. O .-1 •O.O 0 0 0 0' .-1 O cl N co a N h 07 h 0) h h O O O O O O O c0 ut O a OO a 0. O o o N O o .-1 O r-1 ci Ll) .--( •O N •O 0. ,0 M CO o O O O O 0. •O O C O O a O. O O o o` O O ^ O O O. 0• 0• 0• O o. h P .D lCi Ln V) v) u1 a a..ul..a u'I M a a ul Lll u1 a u) u) N N N a M a `O a s M M o t 0_ a) CO j C O O O o 0 0 0 0 0 0 O 0 0 0 0 0 0 0 0 8 0.0 0 0 0 0 0 0 0 8 8 u ° = 8 8 8 0 o 8 8 o 0p 08 8 o 8 od 8 8 8d 8 8 o 00 8 8 8 8 8 8 d 8 7 , 00 0 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0 0 8 0 0 0 0 8 O p y C > 0 0 0 0 0 0 CI 0 0 0 o 0 0 0 0 0 0 0 0 uj O O O O 0 0 0 0 0 a 0. y 0 0 0 0 0 0 0 0 u) 0 0 0 0 0 O O O d 0 N 00v00, 0000 O N C m 0 0 0 0 0 0 ut O h 0 O.0 0 0 0 0 0 0 0 N O o N 0 0 0 0 0 0 co a >. = a 00000o •O0ul000000CooOO N oomomOOOO o m = ul uj Li Ln u1 u1 a 6 a CON u) u) ul u) u) u) ul Ln N u) N N V7 M u) •O ul Ln M M N O ++ C) s_ ,I .y .-) .-1 .-1 ci ,I ci N ci .-. ci .--1 .-1 H .-1 .-1 .-1 N O O Cr. N .--1 .-( N N N O N N N N N N N N N N N N N N N N N N N N N .-1 N N N N N N L.) V 0 0 0 0 0 0 0 0 O O O O O O O O O O O 0 0 0 0 0 0 0 0 0 Q) to NNNNNNNNNNNNNNNNNNN NNNNNNNNN N V O O O O a a 0 v1 •O c l O W O •O � O h O. .-1 •0 a O N .-1 N •0 .0 M M M M .ti .-1.N N O 00 \ 00 N N 00 N .-1 CC0 0 N N .-I N COO .'1 N .0 •O N N .O •O v) N v ")) ( .O .-1 ci .-1 c O L i i . •O N N a N N tO a N CO 0• .-1 O O .--0 .-1 0 0 0 .-0 0 0 0 0 0 O o 0 0 0 .-1 O 0 0 .-1 O O '-• O O .-1 a -O -0 v -0 -0 -0 -0 a 0 a "0-o "0 w v v v v CU w v a) x w v v v a) X) a) '0 v w X X X X X X LL X X X X X X X X X LL LL LL LL LL LL LL 11 LL LL LL LL LL LL LL X LE u y 6- O- 6- O' 0v Q 7 >, 0 p C Q O- 8- 8- O'.-, u u LLu 00000 00 ''10 000000ODO -O V u vV xV - -O O O O O O 0 0 0 O O O O O O X O 0 0 0 X X 0 LL 0 N L N L N N N N O > N a a ( 0. •0 N N N N ' LLNLLLL ' •0 0• 0. O. O. a0 00 0. CO a •00. O00 >' O• } N L a 0• } a O 0 0 0 U V �i.V V V.V V V V V V V M V V i�a O V h Z U N N co tC .a Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z 0 Z.0 ..4 N Z m U CO CO v}) O o N0 0• •>0 '0 .}-' 00 a v}) N h o N O. O 0 N .}O co Lc) > In N N > 12 N F N h h h O N N a u) •O N 00 0 0 0 r- a o a •0 •O NN Ln 0 ti co ,--,N O N W 0 ci t O .--i N N N N N N N N CO CO CO Cr) N CO C d N N N i0 m N h C 0 a a a a v) •'1 v) u) N Lc, Ln •O •O •O N •O .N1 .O •O oOp rMi M �i N tL N O O N N N N N N N N N N N N N N N N N < N O a G j 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 •0 0 0 O N O U NNNNN NNNNNNNNNNONN V I O N O, N O 0 0 O N V -- too O O o 0 a 0 0 Ln 0 •O N u) 0 00 a •O 0 O N D 8 a O ti N O 0 O ' co co co co .'1 ul co N N ci \..\ N N O N h co 0 a N 0 N .0 0 P .-I 0• 0• 0. N CO O .0 h 0 O• tO tO tO tO M COO •O 0 0 0 .-+ 0 Q 0 0 0 0 .--0 0 0 0 0 0 m 0 0 J NO a 0 h o a FM- '0 0.0 0 0 N ON 0 0 0 .00 N OC 0 0 OM = 0 N 0...8.p u0l 0Q m z 8 ul 0 O u) •0 LZL N CO `O h u) u) ul Lo co O LL N co a d a V - 0 .ti ci O O t 0 .-1 O.O O O O O „ - „ 0 00 00 m 0] m O] m 00 Q m m m m m 00 00 coM Q N M J J J J J J J J J J J J J J J J m 0 COch > LL 11 LL L. LL LL LL L.iii � Z LL LL L. LL LL LL LL 7 Z D 0 LL •0 0' P CO N co co r) a a co •O'CO co .0 co •O N 0' h •ti CO 00 ''1 .-1 O• 0. .0 COv) .0 •0 N V) J a N N.co c0 Cl) > Z V) LL N. L.0 > c4 J x 0. V) 3 Z X 0 0 O"a Ln 0 F.O N Z Z V LL I O LL N V Z V Q 2 N Y LL V G 2 0 a 2 2 0 0'2 Cf 2 Q Y Y Y J 2 2 0'0' M 2 h 17 2 0. O N N U O O O QO O 41 O QO O OQ L- 0 0 0 0 0 0 0 0 co M .0 `O uull `', NN ,I •, .M-1 \0 .co M-I M .M-I ..1 .M-1 .Mi .M-i N .co Mi c. c.. .M-i .M-. cM-i .Mi .M1 00 co MO ua N 0' l tO a v) M O co co co (.`~l co M M co co co 0) co co M M co co co co 0. N •0 0. .'1 a 0. .-1 '0 0 .2 C ..co •0 O. a N 0' Lc) N O .-L CO 0 .-1 N M 00 u) N '0 M •0 O.CO CO 00 tI N CO N N co a a co CO N a N 'ON - N N N M N CO a CO tO O O u) N a N N N C 01 M M M co CO M M M M CO CO CO co M M M CO M M M co CO co01 M M M 00 N0 o a a a a a a a a a a a a a a a a a a a a a a a a a a a a C N u Q 0.CO N N , k \ q % $ \ < $0000 R \ \ \C\ \ \\ / - � \ � \ . ` '4? 8. 8. { / / } # ! k k } U e / / ) ]2 R£ 7 «/> § / 2 2 # ) § /e \ u \ o EEEE ƒ 222 \ \ \ \ EEEE r } \ J } 0- cq 0 \ 2 2 7 2 « 5 ( « - ° f2 k \ n 2 « \ ra co co C EEEE \� § \ \ \ \ u co .. _ / c § a ■ o e u = a c . . a T \ § % / nnnn . ate ) ! § aa» 8 \ z ® . � g j . di w $ ' 2 a 2 ra - o . ) a. ƒ § . 2 ° III § R It R $ / I c } � � eo ) | J � / \ o # ; t k CC » \ > � � k & ` 0 CI u \t5 / . § $ . 0 2 § o g 2 tx = acc E 2g. // 3 < o — ;} ( ° 7'\ f .. . }\ \ C `»: ~ § # O N O 0 N _ co H .2 O' N .'- N. N g ' 000rn N O O N C o M 'O ao O '0 p L.11 CO W t9 p 7 2 co co " u w w d+ O 0 o o :'. 0 a so o o y O N N C N O •45. (h C. o^o o oho _ N V N Vi b4 tag " '.. O O O 0 y O C.' O' q O O O 0 TV O0 O O 51 a c o o v ri vi ti U C 0 U �' N N N N O O O i v O N O N N N ra C N N N C a' E y 0 0 0 *; O N N N N N N N N N c-I c-I ati ifl O O N O O u N n M cc) a` o, O o� ui ,o � M 0N N N (0 N C ON r O H so co O n O > W O co .0 0 TiON < N O m 0 U LL ~ O a-1 C V aN-i 0 U RI a;y a Z w V CO r RI U COco O CO Q C CO CO C N aJ O C bp ro M y f0 C L �+ 4C_, o C a a 3 a2a°O � ua > > mmm co Pri Gly ea :! 5 C CO co V yU 0 0 0 0 O. 0 0 0 0 0 0 0 0 0 0 O (I) o 0 0 o m o 0 0 0 0 1n o 0 0 y O 0 0 aD 0 0 0 0 0 N 0 0 0 co c ' .. N r` 1n O Co N O Ln U) O O .o O O O C N m N so co m o N N o u1 O o ul O N y. e-i , 0 V N ,0 N .-i a-+ M N P u1 N u) n a) N a c-1 .--1 e- e-1 a d- N .--I N N (`') N Z wtfl w 4.9.*A eAw to vl.1,I.IA V)V+w C d E In In Q H v 1,1 to y V 7 a m d li o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 C 0 o o o 0l0 0 0 0 0 0 u o 0 0 N ., o Ui o O O u1 0 0 0 0 0 N 0 0 0 ,o H Ul N ul 0 0 N 0 ul u) 0 0 .00 0 0 ,o E N CD N 'O 0 e-I N N N O N 0 O 0 a) .-1 N CD V 0 C) N , e-1 C) N O' 1n r` 1n 'O ++ N a ,1 ,1 CC V ,1 V .7 N ,I N N M N N [[ C M69tA W kAtfl VibRtR tfl8gb4b4bRbR 2 t d N •D N N N N N N N NN N N N N N N 2 U N N N N NNN N NNN N N N N +• 000OOOo0o0oo0o0 NNNNNNNNNNNNNNN CD• O' vv COP a N V u1 u1a 0 0 CO 0 0 0 0 0 Cd a) 0 0 e-I .--I .-I ti a-I ei ."I N CO CO M CO M 4, M \ \ \ \ \ \ \ \ - \ \ \ \ \ \ 0 MNNNNNNNNNNNNNNN L0 .-I c-1 .-1 r-I r-I .-I ..-1 .-I .-I c-1 c-I .-I .-1 r-I .-I v a) 4, C C 0 CO mm N N N N N NN NO N N Ut N N sO N N 0o0N0NNNNOONNNONNNO NN N " C U P N 1- ,0 N N . co O O O O O .69 O O O .--1 ' .--I " \ \ N M M M M M O e-I H a 0 0 0 0 0 ' O o o 0 ,I0000 N Z. L. 0 O CO 0 O u) ul •> O O O N f\ O N N.P N O O U 6 cV O 0 Ci m 0 0 0 r-i .--i ei .-i < m m m Q } nj Q V V m m m m m m —I J J ; c F Z J J J J —I J J _I iiiu u LL Z m LL I I LL LL LL LL W LL LL LL t 0 a w m Z c-1 co Z a LL.J O W N Z Z ut > N TAcoM2 (a.7Nu0 « a200'0' O �:+ N 7 Co m < `O N N (7 W W a < Q < Q l) M M O .O .--i C0 1n r` r` 0 0 0 0 0 0 V 0 M M M O O N M M M M C) M M M M Q N ti N ti e-1 .-1 e-1 c-1 •--I c-1 M \ M M M .O .-1 ah M M M M c.7 M M M M N C y V e� y C! U �. 4., a V a) a) a) 41 a) a) a) a) a) a) a) a) CO a) inm 0 >. EEEEEEEEEEEEEEE i C V CI F- o o o o o o o o o o o o o o o C U U U U V U U V U U V V U U U .. = 0 CCCCCCCCCCCCCCC 'W• UU F N VI n N VI V V UI I U —4 VI I VI 7I — ZC 2 a, 0) 0) CO a) 0.) 0) ar 0) CO v ar 0/ 0) v ` 0) 0) ar 0) 0) ar a) w ar 0) 0) w 0) a) 0)0 ca CC CCCCCoM0a) C C C C C C C C Ts CO 2 a Ce U c r1 co VI 1.11 1n .o o. r\ co co V 1n .o r o. 2 ' ' C m CO ,n r, r` N CO aD a M d' I' V V N M M M M M M N N M M M M M M ► _ fp..•o : Statement of Cash Receipts and Disbursements and d~% 7�,1 Summary of Cash by Fund ���F Foy►►► Finance Department �-.�ou December 2022 Cash Receipts and Disbursements November 2022 December 2022 Receipts General Fund Property Tax $ 13,932,088 $ 23,693,577 Local Sales Tax 4,134,068 4,237,274 Public Safety Sales Tax 241,265 290,139 Transient Occupancy Tax(TOT) 1,554,091 1,000,355 Utility Users Tax(UUT) 1,773,734 1,359,100 Other Revenue 7,108,845 4,242,624 Total General Fund Revenue 28,744,092 34,823,068 Total All Other Funds Revenue 23,245,292 19,732,658 Total Receipts $ 51,989,384 $ 54,555,727 Disbursements General Fund Personnel Services (10,628,635) (16,439,936) Operating Expenses (4,631,674) (4,141,076) Capital Expenditures - - Non-Operating Expenses (1,115) (465,427) Total General Fund Disbursements (15,261,424) (21,046,440) Total All Other Funds Disbursements (19,944,033) (21,907,222) Total Disbursements (35,205,456) (42,953,662) Net Change in Cash Flow $ 16,783,928 $ 11,602,065 Summary of Cash by Fund November 2022 December 2022 General Fund $ 82,962,969 $ 96,739,597 General Fund Other 3,266,741 3,190,174 Capital Projects Funds 29,030,279 28,340,156 Debt Service Funds 24,626,564 22,675,329 Enterprise Funds 85,720,624 85,914,556 Trust and Agency Funds 6,117,338 7,402,428 Internal Service Funds 30,920,596 30,146,736 Special Revenue Funds 63,814,965 63,653,164 General Ledger Cash Balances * $ 326,460,075 $ 338,062,140 Total cash will differ from investment portfolio total due to outstanding checks and/or other timing differences. Note: Above information was obtained from the City's accounting system records.The above information includes receipts from maturing investments and payments for purchased investments in the city investment portfolio.This statement is prepared in compliance with the City's Charter. 15 46 C L i c 0 N N 0 sO sO .N-I a/'5 t64.6 a-I 0 1 CIO LO CO �-+ U ac,▪•Cr N N N N '0 O^ U 0A N— 0 e fa C t6 3 C vi i C r O N o N oC o O E u Q E u Q V u e .L w ; w ' _ C ON O n• p' O. F N c a - c w N } O N N u1 Ln N N .-t LL 7 O C N O P07 O1 so N an 0 O C O O O O O O _l L o Q N g O !-^ u a a) Q` C L' N Ls-) O O 0 so .-t NI N �. CO') r6 3 0 w N 0 0 0 0 O 60• inCO O N * C o_ ,L., O m O O CO N N C CO > V ^ N O N--i CI Q CO L '� TA Q R O eN-I a N a--1 ill. O a a f as-I V N N N CO O` (C) CO •C E O In tf# tR to tfi to to .�.. 0 0 ro AF t. ca c,2 a) C r-r E O a) O O E u a)> EL e 3 a E O E u O 61 0° o0 a * V) C a) 7 .O N ra 0. 4 7 t' ^ O a '0 O 8 p oD L I co fx ▪ > a; I • •C O .0 C Y ."I N a pi. e-i sy u oc 1 _ E 0Ou LZ co = w m o v o Q u -• > L. $ O CO > w I= N N F,: O C >- O coo a a "m t', N N to W } U T,--I ` `� n 0 n co N 0 z G. OD> W Y 0 0 7 N 0 O O. M O C Z _ U co a -0 F C N ' 1 O N N co LL O >': ` CO .O O O O, (> O, e F N in >` 7 O Z. w V W 0'1 g.O > o o U 1- > o o * a s O u) ' to N CO CO C >> N 0 0 0 0 0 n Q u'I 7 .O C ,a, r6 r6 w CV O O 0 O sN M Vts� u'� rl '6 E 2 CO N O O O O O `r_ O O N LA C O t(j N tR a > C O L. O 0 0 0 N .O O` a) ,C O E a so O ,--i O' tT o. O: a-I N co N M co 0 u To +L+ tR to tR if,. tn.EM c CA t'l M - - a1 0. 0 Cl) .0 CO O E N C C . N -c C u y ra C m C-. co i c E v O W •` m O .x 3 m Y C = v, O 11 "O W O C �, O O W c o m° a yy v E w •C > c e ¢ o. w . O. a Q u y g y, 0 V m V '� o -t; tu w 1-4 W '� w rn 0 m U w` w i6 N Z > w - ° v u °° m E it g t c Q Z `w' E to L N a U to U H _ ° F a N V N O N CO 0 NF.Csi NO M N b n "zrN• P O O N u t") o c.O•) -M a H � M a 'O N N0. N aN•I g a t"L LL \ o o to O N tR Vt N c0 E fa W ei �r to Vt t/4 V# E COF OS CV m Si 7 Tv O O u C N O C o Q t6 G Y C a t o. — w m o 0 o a) a-L 3 a C° a) O v to a = a � �LL� co to > o" w > > a 0. w > O�Q�H FPxy✓ t6 m ; u c iPI I O u H u Lam. 4 c, a < a a Q U o_ O c c •o z a o U 0 0 000 a Q vi Ln 0 0 0 ri a) N N o h � ' m N N 1 0 0 a) s s Y N N as 0 0 2 ' •• N N 7N CV N 0> � ' o N Nsci m O O L `0 st5 t O ma O a) C - a' O C C N N U C N N T j N N CO L '6 ' • O a N N (C5 a 0 0 U + '6 ' V a) a_ T F- J E i O 0 a m F N p g u- , N a m C _o To U 0 m C M 7 O 0 ft u flCC . O � U. QQ QQ QQ Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Qa C U. LL Z Z ZQ Q Q Q Z Z Z Z Z Z a ti + + + + + + + + + + + + + + + + + + QQQQQ ++ + + + + + + + QS * 111 * 111 * 11 * 11Q111 5. aii * * 1 / * / * I * Il1 >` CO M N al CO CO M l CO N @. CO CO CO CO MI al no N p co Cp Cp C6 co co co A N t6 !p N (6 N co N to 2 ° a < < < «<'aaaa ¢ «<«< aaaa'aa aaaQaaaaaaaaa o _O O o * o o o o o o o o O N N N 0 0 0 0 o o g NNNNNN * N O O N o o o N 0 0 0 0 0 N N N N N N M O'.CO 0 N N CO Cr 0 0, Os N CO O N 7 .--1 .--; O O N N N N N N N N 0, N N a•-1 N ..n U1 as •O •O 0N .O'•O M •O.0 0, 0, •O U) •O •O CO U) CO.•O 0 .O 0 .0 0/ 0..O N ON Os •O •O N 0 .0 '0a d N ' .-i O ,--i N .-+ N N N .-i .-i N O O N ,-i 0 ,-ii N`"� ati .--i .ti ,-ic-i ,-IC. ‘-i ‘-i Ni O O N ,-i .-i ,--i ‘--iN ,.-i a-i ` N os P NWN N N CO N N co CO M P O N CO O O .0 .O ati 00 O O .O O O O O 0 U) CO U) 0 N P 0, Osj,jc-1 P M.7 7 N N N..O O N •O O N N O 0 M M M CO L11 CO N co N CO P P O O CO •O N CO U) .O •O •O Cp Cp N N N N U) Ln •O •O •O .O N P P ^ ay ay ay c-1 N N 0 OsN .-1 a-1 N N N 7 U) •O 0 0 •O 0 0 N C N 7 U1 U) M N N O O M N U) co 0, CA 0, M O O N O. CC c0 N N Cb O O CI CO •O.7 N 0, CO CO N N U•1p U) N •O •O N U) Ul .O .O •O N CO M U) •O U) U) .0.•0 .O .O .O U) CO N 7 U) N N U) N N U) •O •O N N N 1 'j O O CJ O O .-) .-i .-i a-i N N .-) Ni Ni N N ri ri C) O O .--i Ni N ri O O O O O O N .--i a--i .-i a--i a--i .-) WD v Tu N 7 N N M O N CO U) O U) 0 •O U1 U) C) O 0 U) O .ti U) CO N O O M N O N U) .O 0 0 0 0 0 0 } O N N P O.M •O N P 7 P N N .--1 CO O U) O. 03 N N N CO .--C N CO 7 0 CO co •O M N 0 7 0 0 0 Y •O U) N P P N 7 0 U) N'.U) P N •O N .--C P CO N N N 7 U) U) co U) N N 7 7 7 N P O N U) O O 7 OO 7 c-i O O O N N a--i .--i N .-i C7 0 0 .-i O O .-C N No 0 0 0 N Ni Ni N N N N C; a C 7 0 N N co ,? p 7 0 S 00, 0000000000000 .0. O S O O o0 O O Oo O Oo O O Oo O o O Oo 0 0000, 00 O Oo Oo Oo Oo 0 O O O O 0 0 O O O O O O 0 'p O O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0. O O O.0 0 0 0 O.O O 0 0 OC7 0 0 0 0 0 0 > N U) P O O O P O O •O O ,n •O Cb N 0 0 0 ' .o 0 0 to 0 0 Ln LL') o- N N N 0 0 0 7 o' O o U) n N 7 N 7 0 N 7 N P N N N N N N CO co c'") •O N 7 co •O P c 1 7 co O• •O •O •O U1 U) co •O P 7 .O .O y •O •O co •O C. -co U) I�N N 7'.M N N u1 . c-i P O '0 •O .-, Co .-1 P n N P 7 CO .O •O U) U) N N 7 CO P P 7 7 N CO 7 N O O N N N 7 7 0 N O• N N CO 7 U) 7 7 N 0, U) 7 0 N 0 •0 N 7 0 7 CO N •O •O CO CO. CO 0, CO CO CO N Cb N CO CO N CO P U) 7 CO 7 0 7 0, P N U) .0. V a� P P P P P P CO N N P •O •O •O 2 7 7 N 7 7 7 •O 7 7 M 7 7 N N 7 7 7 7 7 n M 7.7 7 V cr N 7 7 •O N N 7 7 7 CO' 7 7 7 7 7 CO CO cM� OM •O M C. •O co •MO N N LPn ON• T •NO n .�-i N N N N N CO U7 M 0 CO 0 .O-O OO• N 0 0 0 0 0 0 0 O O O U1 N O co 7 P N P N C) Ci N .--i ri Ci C') O CC O N 7 .--� N n O U) 7 7 .--� P N O O C 0 0 0 P P N C. 0 7 7 7.N •O P 7 0 .-C 7 •O 7 N 7 P 7 0 N CO CO Ln O CO CO •O N 7 7 0 0 7 0 0 0 > Ln U) 7 n U) 7 co_ •O N O O •O co P O co 0 P N P N 7 .--i co N co N � O M c-i •O CO'0 7 0 0 r) O O O P OP O. N c-i n C 7 P O N c-i N P N 7 CO CO � N 7 M N N 05 U) O N U) 7 7 Ui .-C CJ O .--i 0 0 0 O •O •O P N N CO P •O U) CO CO P co P CO CO N 7 7 0 CO N P N P •O O N c-i O O N O O O N O O O o y.� co co co_ cr. P O o1 a- N a- 0-O O O P O co_P P P O O O O• P P O O O O O O O O O O O O O V 7 N vi 7 U) •O 7 U1 7 U7 7 M N 7 7 CO 7 Cr CO 7 U1 U1 7 7 7 N U) U1 N CO CO U) U) U) Cr U) U) U) U) O L ✓ m +... 0 . 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0. o 0 0 0 0 ' 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7t43 7 O 0 U ) 0 0 C7 C7 0 O ) U C) O O C7 C7 C) ) C) 8 O O 0 0 0 0 8 0000 000000000 ip 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0 0 0 0 0 0 pC 1- C > O O. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O 0 0 O 0 0 0 0 0 0 O 0 0 0 0 0 0 0 0 0 0 0 0 0 v) + o ' o 0000000 O'000000 0000 8 000000 0000000000000 C CO O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 j O O O O 0 0 0 0 O O O O O >. 0 a 0 Q 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 m = l('1 L!) (") U1 U'1 U) U1 U1 7 U) U1 C) C) U1 U1 U) U1 c-1 U1 CO U) N U) U1 U) N U) U) N C) COi U) U) U1 7 U1 U1 CO U1 CU p IP N C ++ N P N N N N N N N N P .-i N .-I .-O c-1 N N N P P c-I .-i N ati P CO N P P P P .-I N N ... N c-) O ✓ U N N NNNNNNNN N NNNNN N NN N N N N N N N . N N N N N N N N N N N ( 0 O O.O O O 0 0 0 0 0 0 0 0 0 0 0 0 0 O. O.00000 O O O O O O O O O O O O O (L N N N N N N N N N N N N N N N N N N N N'. NNNNNN N N N N N N N N N N N N N N co U ) 7 N N) U N N N. N N U) N cO 0, N N O CO M C) CO r) O N O •O O 0, CO 7 U) Cl N N M 0 0 0 L O O N O N O N N N N O N .-C N N M M N N N N N M N M N N O O N N N N O N M M M ao cC-O 0 0 0 0 0 0 0 0N N - o o C o o r 0 0 0 0 0 0 0 cC-1 0 0 0 0 0 cC-I cC-I 00 00 N--1 cC-O v C) C) vC C) U. Li: Li: U UU OU CS "O -D CS 6- CS CT CS -ovv -a -o 0 0 a./-o13 — CIva00la000 '.. _ x x x Ex Ex LLx X O O C) O O 60 -o -. -. v -o -0 - -o -o o -o 7 -0 v 1/5 7 17 -0 XCC N N N 0., N ) ( N C) N ( N N N (U N N N x 1 i LE i i LE LL> xx xx xxxx xxx CO LL Li Il LL LL it it U. LL U. U. U. 11 l.L LL LL LL LL } } } } } } } } co1 N 0 } CN. a } CP. T P C } } } } } } } } } } } } } } } } } } �p co c"I 7 •O N N _ P N N U) U) N CO O N P O O O O O � 7 •O •O U) CO CO .O •O .-O r) N 7 •O U) U) •O U) U1 •O N N •O P U 7 O O N U V N U V U co N •O •O N U) U) .O •O N co P U1 •O N N •O N N O O O c i N N Z O 0 0 0 a� Z Z �-I Z Z Z O O. O O O O .� .-� a-i .� .-+..-� .-i N (V N N M M ('7 ~ M M 7 U) U) } co co ~ M M M.N N..N 7 } } 7 } } } N al co co co CO 7 7 7 7 7 7 7 Lc, U) U) ,n •O.•O •O O O D O O al M C O O O ON ON O O n O MW S CL N N N N N N N N N N N N N N N N N N N N O O 0 0 0 0 0 0 0 0 O O O O O O O O O O N N N N N N v O N N N C. C. N N• v• N v• v M N N N N N N N N N'N N N N N N N N N Cp N .p CO Up O P C. c-I N N CO M •O i ` N N N N N •O C M O O' `' N 7 7 N 7 7 7 N N N N O O N.N U) O c-I U) N N N N N N N CO M C•) C) CO CO C.CI CO CO \ CO CO C CM F -' O C C O ru O E \ CO '0 \ \ C OOOO 7O O O OONCNNN N N N O O O N N O P O O N O N N C W Cn O = lc: O N O Cn U)O 0O N NNCO N 0 0 0 d V OOOOOOOOOOOOO0000 U) N OO N CO 0, U) CO Cn NN CO CO 01 N M I Y N ,I M N O N N CO oo • CD N N N •O N N N N CO O O N N M N N N N N 'O CO V C. P C. CO N ,i 0 N N N N N N N N Ni O O N 0 0 0 m co 0 0 0 O CI) m m U V Q m O O m 0 0 0 LL rrl— I— FI— I— FFFI— I— I— FI— I— I— I— COCYCi' aui JJi _r _1 , O0J000 D 0 0 CO CO CO .p LL L.L LL 2 2 Z LL ON• O U. U) O O 2 O LL LL LL 0 ati O .--I .-i 0 co m co co co CC II III — L.L U. Li_ LL LL I I ' M P N P N CO M N N •O N •O N N 0 0 7 P P co .- N d. W 7 N U1 O U) U) co U) N U) co •O P P I N P Z 0 N X cO cO un = 2 0 0] N a 5 3 X >' > w J J X Cr O Z Z 7 X 7 U Ln '^ D. F a Ln V N •o X } } 0 } } w Q a 7 V V V m m = N a 2 w w D 2 0 M O X 00 N co co , mwwc000m0000U V V oOVv V � 3 000mg LLMCyQ o V 00 > 20'0 lj ^ N N CV N N N N N N N N N N N N N NO NO O co O N 0 O aO N N N N O co O O COX 0 0 0 CO CO O CO CO Cp CO CO CO CO c0 CO CO CO CO CO O O '.. 7 N N ,._, -4 0' N 0N-I cC-1 0N-I cC-I cC-I 0' C. " C-I 00' N N co CO ,r, U1 U1 LPf) M co N M COco CM-I N ,.. C co co M-I CC') C co M-I CCOC CI cO M-I '.. N C. P O,.C. P C. P C. P C. C. P P C. C. P P C. 7.7 7 7 7 7 ce, CO co M M CO M M M M COM M M 0 -0 0 O 00 C 7 P N N 7 O co co a-C co 0 •O O 0 N N P N O N CM CO P 7 U) N CO N CO P N CO M •O •O P cu d• N C CO N CCO CCO C01 0 M CCOO CI C Ul EO N M CI COC M CO ul M CM7.C7c) N N CO M M CNO N N ° N N N Cr, C77 M M C7') CI 00 O o 7 7 7 7 7 7 7 7 7 7 7 7 7 ? 7 7 7 7 7 7 7 7 7 7 ? 1- 7 7 7 7 7 7 7 7 7 7 7 7 C N u C t \O < ... 0... • al Ct N U o y Ce � � CCCeCCC CYCCCO CO rrr � ce 0 LL zzQzzzz zzzzzzzz zQa + \ 5'a a + + + + + + + +.+ + + + + +.+ + + Nn COQ.a ¢ Q �. ], CO fa m CO CO CO CO r, CO CO CO CO CO CO CO CO fa ,1 N Q a (a N 2 Q Q frI fa Q a Q a a Q.Q Q a a fa fa Ca fa Q Q a ra fa Q Q/71 Q Q Q Q o • C-C C-C o\° 0 o C N o\° N o\° o\° o\° o\° o\° o\° c- g ' N O o\° O N 0° o 0 o0 C °0 O O '-1 , ,-I 0 ,1 N. ,1 P. ,1 v-I ,1 ,1 ci v-I N ei 'a N ul a O f\ 0 V1 O ul e-1 -t so ,o ul ,O V 'O O` so so so so X) so P so so O. so N �'Os `O ul N� O zao ,; ,-I ,-i ,-i ,I ,-i ,; o ,4 ,-I ,; ri ,-i ,I ,; ,-I v .4 o o ,-t ,1 ,; ,1 ,-i ,-i , csi a ci O N ,1 ,O V O, N O. ul M N O CO N No p N O.C 'C ul co I,. co0 [r M ul 7 N. ,0 N II c-1 c-1 ,; ,, ,-I ,-1 ,-I ,-I ,-I ,-I ,-1 N 0-4 ul 0 .0 Q..c-1 ,-1 0 C N ,-, NN N- 0 ,1 0 IN N M Ln CO.1- 0, 0 '0 N N O.O. CO M'.V1..IN 0 Wry O. N.7 7 Ln ,O N cc! 0 0 0 ,--I M M 0") or) ,1 ,O co. 7 'fl N 1- ul N N N N N N N N N M M M M M M M M 0 0 0 ,--I ,--I ,--N N N M Lu 0 N O Ln 0 0 0 ,O 0 0 ul 0 0 0 0 M O. vl O ,C 0 0 0 0 0 0 0 >- O N N vl O ,--I 0 O d' ,0 0 0 M N M N N N N ul N CO ,--N ul O ul 0 ,O N CO. CO N ul ul lel 0 CO. 0 CO. M M I\ b O. N ul Cr,. CO. c-I V 00 O O O .- O ,--I O O O O O O ,-; 0 ,--I ,--I O ,--I N ,-;'O O co V V CO al 0 0 0 0 0 0 O O O O O'O O O O O O 0 0 Ln o .. O O O'O oO O 0000000000000000. Csj O O N O O O O O O .0 CO 0 0 0 O, 0 (h 0 0.0 0 0 0 0 0 0 0' N O o ,0 0 N o 0 0 0 V ,0 > Ln Ln N 0 0 0 0 •O.0 0 ul 0 ul '0 ul Ln H ul V N 0 N O V ul u) CO P O 1- N ,O CO CON M M O 1- ul ci 0, Ln 07 M N co... Nam.O N N N. N O Y 00 0 M O. O ,O• M O. N N 05 O• N� ul •O N •o 0 ul O 'O V co N N 01 '0 CO N` ul N M M 0 O N CO N'.ul ,O ul N ,O ,O CO CO V 0'N ul 0 co 0 V N. CO ul ul Ln N ul N ul ,O V V V V V V u) Ln O' OP O, N N. 'O 0 O:O, O .6 2 7 7 7 V V , V N V V V V V V V V N V ,� N V ('7 V Ln V V M N c N 0 0 N 0 0 0 0 O O V 0 0 0 ,O ,O 0 N O, N N co ,o co coo` ,O ,O j 0 0 O. 0 O ul 0 N N O, O O O ,O co O N N 0 N N ul N Ln 7 N q O 0 0 V 0 0 M 0 7 N ,4 0 0 0 N ,--N O M ,1 O O N V h. T N O O co @ O O N O O O, 0 ,1 N M 0 0 0 0 o, 0 V O, co co V N ,--N V M or N O, > O O 0' O O co O O O V O O O N ul O Ln co ,-C N t\N 0 N 0 N 0 n O O M O O O O N ,O 0 0 0 0 0 ci O N U,--� O, O, M 0 CON Ln O 00 N Lrl 0 V 0 0 0, 0, 0 0 0 N 0 0 N O N ,--I 7 N ,0 N ,O 0, N h y O 0 O O, ,O O ul O O O, P O O O O. O O O, O O O, Cr, 0, 0, O O, N Ln co m 4'1 Ln V ul �' u) M V 7 ul Ln N of ul N - ul N N V M V '0 V V M N O t Sao ce O O m p p O O 0000000000000000 O 000000000 0 0 ++ O , 0000000000000000 0 O O O O O O O O O 55�� v , c o o o o o o 0 0 0 0 0 00 0 o 0 0 o 0 0 0 0 0 0 0 0 8 25` O m 0000000000000000 0 000000000 rn > 0000000000000000' Lrj 000000000 p N +' 0 0 0 0 0 vi 0 0 0 0 0 0 0 0 0 0 N O O ul O Os'0 0 O O � O C CO 0 0 0 ul O N 0 0 0 0 0 0 0 0 0 0 N O O N 0 0 0 0 0 0 .O 0' >. O O. O O O ,O O ul 0 0 0 O O O O O O O O, 0 0 O 0 c0 O 0'0 O co CO I ul N ul V ui V ul N ui ui Ln ui 0 vi to ul CI vi N N vi Nl ui ,0 ui ul M N v Q N a) L .-I ,--N c-I ,1 c-N N ,1 ,-a.,1 ,-a ,-L ,1 ,-N a. ,1 N 0 0 O, N ,1 ,1 N N N O CO NNNNNNNNNNNNNN N N N N ,-� N N N N N N U V 0000000000000000 0 0 0 0 0 0 0 0.0 0) y N N N N N N N N N N N N N N N N N N N N N N N N N Oo O 1- C' i V ,O ci fl O coOO O ,O I O n ON N, ,1 0 1- 0 ,-N N 0 t M ci ,-1 M N O ,-N \ C N N ei N cC M O N N eC N 07 0 ,-1 N C ,0 .O LP N LCO M `0 ,1 ,1 ,C ,i',O ul ,O N N V N N ,1 V N Co P ,-1 O 000 .. 0000000000 .. 0 O O ci 0 0 ,1 0 0 ,-1 CI- v v v-o 0 a 0 0 -a v 'o a a v "o-0 -CO a) a! m a a, a1 X OJ 01 N. UJ aJ a) a' a) v X.. v N x x x X X x LE x x x. x x x X X x LT. LE l.L LL Il LL L. LL LL LL LL Li LL X w LL u- LL LL Cr 6- a" O" X CO 0 CC CT CT O Cr 6,y • • O 0 ,1D o00000v0 0. U V u UV U vU a a 0 o o 0 0 0 2 o 0 0 0 o x o 2 OLL 0'• ,O 0` ,O `O co ul ,1 CO 0' M P 0, N M N O O O Lsfl O NN N O` ,�1 ,ti ,ti ,4 0 N M O NN O } 'O 0 0,, tnn O 0 z z N z z Z Z Z Z Z z z z M z z 0 Z Z OD z Z ,-i N N Z Ts' ! , a. U C CO N 0 Ln V O0, ,O N V ,,00 ,}O CO so N CO N > co 7 > N N N r N I- W O N ON Ln ,O ^ N� O, ,-+ ,1 ,-1 N cy' O Ln ,O O ,� •0 NO ,O O 0 NN N aJ 0 N N N N N N N C6 M C'l M co.N v C O D N � N N CO C V Ln ,"N ul Lrl ul Ln Ln ,O ,O 0 0 0 ,Ni 0 '0 0ba M ,1 R -�-M N O, •?-' N N N N N N N N N N N N N N Q N N 0 N V `'"� N . 'O a V 0 0 ,A 0 0 0 0 0 0 0 0 0 0 ,O O O O O N 0 0 _ u N N O N N N N N N N N N N O N N V) N O N O p O ON U Ln 0 7 0 00 Ln O ,C, N� Ln 0 00 7 •0 0 0 N� D co "- O 00 (') , Ln co N N N N O N ^ M O N O ,1 OM O O O. ,"1 N M 0 ,O N CO O, ,1 ci ,\-I ,-1 M on 0 ,O CO ci N O O O 0 M - ,1 O Q 0 0 0 0 ,1 O O O O O m 0 0 0 so 0 7 N I- O ON20000 ,OON � 00N10N� 000c0 < 0 Ln 'O Z N co 'D.N�'ul Ln Ln Ln co O Ly ul co V V O U N O O O' ,-a 0 `"I O O O O O O N ti r N (,j Q C M Ca NZl CO 0 0 0 Q 0 0 0 0 0 0 m m N J J J J J J J J J J J J J CI- Ln 0 } 2 2 2 2 2 - 2 2 2 2 2 22 CO. D > 0 2. LL LL U LL U- L.L Z LL L.L. LL LL LL LL LL Z D CD LL • N co CO M V V 07 0 ul M .O CO ,O N 0, N - Ln CO ,"I ,-I O, O` ,O a CI 7 ul 0 I- 0'N Z Z O W Z LL N N O Z O ¢ 2 N Y 3 U 2 2 O O• 2 02 ¢ Y Y Y -I2 2 a a. M I N (7 2 CC O N N U O O u'j O Q0 0 p¢ 'Ul 0 0 0 O 0 O O O co ,,,, ,-0 0 ,0o LLnn .-1 co ON ,�1 ,Ni MM03M MM 01 MM 0NN � 0 , H ,-1 ,i " ,i " CC -N ,-( ,, ci ,-I ,-N ci ,-I co 0 N a-N V Lo M M M co M M co M co co co co co co M co co O 0' N '0 0` ,"I V 0` ,1 - 0 O o0 •� C V N 0' ul N 0 ,1 co ,-N N CI coLn N ,O co so O ul ul co ,1 N Ln C''Cf 47. co M N V N ,O M ,ti N N N CO N M.V Ln ,1 0 0 Ln N d' N N N d CV j coco (M co co co co co co co co co co co co co 0) M CI CO CO M CO M 0.)0 o O V V V V 7 V V 7 V V 4 V V V V 7 V V V V V V V V • CNI o 0.-. 0) -1 CL a-I 44 U, r vi C _ o r co N 0aO nao 0- ` >rieQ rn ^ Ooo cd ° iC ul 4r' -0 ' -N Oes E cl CO C C O. '07 co:Te- M O _ O e-I C y.W M M 16 N �3 111 E_ 4 hii C) 11 C) U) O) o LLu u,11 u a) LL v u yC - C d' CL R' 0' C e o L -C a �p N N -o C) > N 0 -0 I N Qo, o, o, o,'Q3 0, 3 F cc c c, c > _ U C C U U U Q 4, a) {r o f0 N N N N N N N N N N N 2 D 0 0 0 'aO O O -O O O y . -1-1 W c co \N co C) .\-i CC9 Lr) C > O N N N N N Ni 5,..) N N o Q N H N .�-I H H e<-1 4 ti G .--I c-I c-I .--I c-I c-I e•1 =a-I a-I a--I .0 In I6 U t E E E O. ion CC Ci) a) ; o 0 0 0 00 0 00 00 0 00 (u > >C) :r •> aao>_ o_ o_ aa E E E r' C > 4- . > > > > C 1'. C) C) 0) C i+ O Q C C C C C C C )- > ry F N a 3 3 3 3 3 3 > c C C O 0 0 0 0 0 0 4- s' @ F. 16 ",. a p u uuuvuuu •54222 > ` C 222222 J 0 COf6 f0 Q IN/1 of VNI Q ate) M 0000000 i15 m m r = c c C ra U `o `o 0 .coO U IT 'U U> a) C U C C p p 0 p C_ Lo C C p 7 o. U = ape �4 �N E? f 0 s �"3 & '$, c zS •C a-I el e-I a-I e-1 e-1 a-I -:M V) C+) 1 8888888 z888 U, F o d c o ' of -a V a o -C/ O C pi a • 0 m 0 `m w[ a tn 0 u a c 0 It Y o o. a C a v E a a a V & C 5 .. O 0 ? c a 0 •' N O 0 O. N a 0 co .' V u a a C m - R U O C V o C 00 E C O E 7 T N r 1 �d1a;J•� a. Q o -I N a--1 C' CO ate+ O F IVMNN CO 0' N N I: W W Fq 0 Ci M 1• M C 1-1 '0 1-1N (� W ^ '0 co 0 u ww N 0 0 m 0 0 d 0. 0 a--1 'y a) In CO C O oD o0 0. N ODD '00 v P. t 00 8 ' y 0 0 d o d > o o o a o 0 0 u C7 op c O U N N N 0 O O N N '0 CO v-1 N \ \ N '- '- R U N N E O. NCO sO CO In ti ti 0 0 o 0 tr. CO In o N N o Ln N - o o 0 o > 0 N N c' Q 0 N O I ~ t N CO O 0 O. c) 4 a-I •O Z. V e-1 Z > y � y 'in N u '� m m U ,N-1CO Q cue oN � d c 4-1 0' r 0 c a 2 a a �F m' 0 A 1 �1- ORS 3 O ! W o O O'O ♦�.. O o O0.O0. O C O N N o N. z �' Hire N IA C N E iA YI Q � of w o : o ` 4:01. ' v N CO 0 U o. U w d ce o 0 0 0 0 0 0 a v oQ. 'n N. y3 ON N b • W M tR M L 'O N N N N > y N N N N '.. .0 Ot U 0 0N00 n N co W -I N N N A c-I a)L i 0 e a-I r-I a-I N a! C C 0 03 N 'D M NNNN N N 0 N N 0 '.. CIOOo O O O O N Q ammoo 2 J J J IMM LZL LL LL LL L 0 a a) N J co X N •ui Q 2 2 LL u'lU N C7 Q Q Q Q 0 M O O M mcomm r ti N m a) C el U }} faui T EinCO EEE L c 0 C o 0 0 0 0 of) 0 U c c c too c V in in in .O y0 O v v c t a ` ° ° ° °' O O O a) F- c c c c mxace 7tg= CONN CO o vvaa 3 CY Statement of Cash Receipts and Disbursements and fiorkie Summary of Cash by Fund :. , - yin cam= Finance Department Fa' ;,r'� November 2022 Cash Receipts and Disbursements October 2022 November 2022 Receipts General Fund Property Tax $ 440,651 $ 13,932,088 Local Sales Tax 4,402,273 4,134,068 Public Safety Sales Tax 231,794 241,265 Transient Occupancy Tax(TOT) 1,737,764 1,554,091 Utility Users Tax(UUT) 1,991,253 1,773,734 Other Revenue 3,747,691 7,108,845 Total General Fund Revenue 12,551,426 28,744,092 Total All Other Funds Revenue 11,323,268 23,245,292 Total Receipts $ 23,874,694 $ 51,989,384 Disbursements General Fund Personnel Services (11,068,897) (10,628,635) Operating Expenses (2,746,380) (4,631,674) Capital Expenditures (222) - Non-Operating Expenses (70,142) (1,115) Total General Fund Disbursements (13,885,641) (15,261,424) Total All Other Funds Disbursements (17,864,856) (19,944,033) Total Disbursements (31,750,497) (35,205,456) Net Change in Cash Flow $ (7,875,803) $ 16,783,928 Summary of Cash by Fund October 2022 November 2022 General Fund $ 69,410,947 $ 82,893,615 General Fund Other 3,230,629 3,263,028 Capital Projects Funds 30,764,567 28,964,429 Debt Service Funds 23,131,836 24,584,593 Enterprise Funds 82,397,405 85,567,084 Trust and Agency Funds 5,181,101 5,989,025 Internal Service Funds 30,475,469 30,855,028 Special Revenue Funds 64,503,530 63,762,611 General Ledger Cash Balances * $ 309,095,485 $ 325,879,412 Total cash will differ from investment portfolio total due to outstanding checks and/or other timing differences. Note: Above information was obtained from the City's accounting system records.The above information includes receipts from maturing investments and payments for purchased investments in the city investment portfolio.This statement is prepared in compliance with the City's Charter. 24 55 Z c G .--i a--i N O so V co� a) as .--i N CO '0 CT 0 U y 6 2 .-� V v.) 'O N N N T..; N N_ o N N N co -o N ro m c cc 3 +• uo (Isi *E 0 . C 4. N W ~ W . ~ o m •> O > OL O , u a (0 Z @ E u Q E u Q U O • a w yv N vc H O H L }= \ o o o \ \d S a ce 1- o u =C .g-I O CO co� sO CO N 3 . - 00 C 0 0 0 0 0 0 .-i E m cou a) 'o v O u 0_ a) O c -, N 0 CO• � o o co u 't g 0 0 N a n y O N 7 m 0 0 m N .�•1 O O o C in -. ei n.> coua N N co .p N ,p in- ol >` V CM7 co O O O m Y co a c�� co CNI N I� O. QM CO �„� L— '� H p O N T M .-i yq O > O- a 2 7 n N N M co N to E O n to +fl tA) dam efl w -o U 4.9 r ons H la O p o E o c > 0 0 E N u a)•- 3° 0 N N itt0) coI ' ! ! o Cq c O.-O a a) (0 t6 CO n3 H > E Y w u N c O o m o v co r, Z Y1 > w TB -� N L % O: COLn e-i e-i fV CO CI Ln CO c) J Q Z O 7 v a)CO a > CO. O O. O: ' V OD I u_0-O H Y M .--i -I co M O 0 m a'> C O Le' C* co el. CO ot LL 0 } ` m .D N c> V .-1 _oO a--1 N !A -.49. _ 69 CI v ro ;a - y al 4 _ 1- .P-i .n >. 7 O Z. r mN a C 0 0 o0 a N in OD'E' a vo 4 a,L a so Cl in Il Nv Mo0000., co tR M vi ,j Ln a > v O > O O V 4 mODN OOON ,0 a cc v .0 O E O. '0 OLe) N M M O V OA ro L tR IR N M tR CO a) a) L 0 N . co E c u co O y `i a N C y bD C m c c ,� z `o •E E a) ii w E co 7 O 7 x j N 'O ya) i 2 O P4 O o v °o a y v .o -V E o. o. Z ar ° m y O o > 0. v m u, F- a a cotr y y a° V -5 u@ a 0 eu a) Z W yv,, a) U m l7 E F A Q O Q 1 my E ) T E • cH P.' 3 Z nU0 u, y F- Q J U D c D i- N V N M CO C') V O, C') O. 1!1 N O. M .0 NO M h .M.i a � N cco N O N o. >- M o 0 N OM. H N N. N .-I .-i N .-i M N 0 coo .c O N O,) tR CI y E } io: ca EmF- (5Nm a) 3 cU � N m 3 = ToN O .. oo O 7 Ca > O t' O •c N v > > y, O :_ O L `i Q R O Y o.) o A R co 3 > a Y o wcv >i -v in a) > l N N N o > O i A = ER ` ) .,,,,to, '' 't O tO f6Od i r R Ori S CO r ` O aC 2 a+ A .0 c 0° Cft , R 0. c -0 _ ' < a < < U .- 0 I S a) CL oz z 0. E 0 U 0 o o a o O r d O co M O vi vi 0 un co CO j M V .� ^ N vj v) M N co W u Y N N CO cis .p O O 2 4 a) M V > t(j vl CC) co M lil O I, N M j OO Yi O O O 00 3 c Ce o N C CaJ N U C y M m = V1 N vl N CO W Lr to O m I6 N CO U O o 0 0 U r a) a a i C7 no O a` c o l N f6 >, w 1 no u 7 c - 0 2 LL a, C O Q V c0 G O CU o m C M 0 0 0 0 uu U 0 1L LL Q Q aaa Q ZZ Z i i /.Z Z Z Z Z Z Z a "0 O - N N N. N @ N N 2 R. 2 2 2 22 N 22 N N 2N N 0 A 0 N I o 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 \ \ \ 0 0 0 0 0 O O 0, .O v) .O O a co co .0 Ln c-1 a CO CO a M N . CO 0, V a CO0 l .O .O •O N 0 0 •O .O .O N •O •O 'O •O •O •D '0 P N 43'.. CO .D .O O •O .O n M •O co c3-I •O •O •O •O •O •O •O •O coO.O •O .O .O M.•O •O •O .O •O a0 . a-1 O c-I .-1 .-I N .-I .-I c-I c-I .-1 .-1 c-I .-1 .-1 a-I O ."1 N N 4-1 .-I .-1 .-1 .--1 a, .-i .-i CV .--1 .--i 4-1 .-1 .-1 4-1 .y 4-1 4-1 .4 -4 O.• y " P N N CO N N CO CO CO P O O M •O P P ` O `O O P .-1 0 0 0 0 0 v O u1 •O N Os 0, 0, Oj a - N N O O O coM COM v1 P COM O O O M M M . N . . .O • . O N `O O O N N N • a". N N CO CO - 0, O `O O Os Os 0, 0,N N N N N CO a •O O •O .O •O .O NQ O)C O 4/ N CO CO .-1 0 0 CO CO N u1 M CO •O N .-1 0, 0, 0, N .O ,C) 0 0 •O CO CO . .1 a N .-1 N N •O u) 01 O N` 'O CON N OD •O .O .O 'O N co a, .0 N 'O..0 'O 0 'O N N .O P N uO to u1 .O .O CO CO .O N N CO CO CO .-1 O 0 O O O O .-. .-I .--i .--i .-i .-i .-i N N N M M C') O O .-i N N cM O O O O O O .i .-1 .-i .-1 .--i .--1 .-1 N La O N a .-1 .-1 M'O N CO v1 0.'0 O u1 v1 CO.O O 1n 0'..-1 u1 CON O O CO -4 O N u1 .O 0 0 0 0 0 0 0 Y 0 N .-+ P O cM •O N P a P N .i CO O u1 P CO N N N CO .-4 N v. a 0 u1 M 'O M N O a O O pp O y 'O v1 N Os OsN a O u1 N u1 0, •O N .-1 a, CO N N N a u1 in co Lc) 0.- N a a a N P 0 N u1 0 0 ul Ga .-• 0 0 0 N N .-1 .-I N .-1 0 0 0 .100 .-1 N N 0 0 0 0 N N N N N N N O .-1 a O .--i -( O m CU 0 8 00000000088888808 8 888888 8 88888888888888 o 888028v) � 8S000g � a01 ci � g0000 8 000000oo � � � SBg '.. N N M 0 a •O M N .n N N O •O M. a N 0 c" •O '0 •O N •O co. .-� co N V N •O 7.a s •O N CO CO ut .-i .-1 M Y a a co vi V •O O'.--i .ti o, co a N a N N. •D. .n a O a O a ui 'O N a •O 0i a s .--i I� co i Os 1� CV I� N •O N N N N M .O co P •O O O N N •O a N v1 C, .O M v) M CO .O CO CO O Cr u1 .-1 .O .D N CO O N N O •O •O v) t0 N co. P co co co •O N N co O N co a a N M N M N P P N a a M P P P P P P P co •O N P •O •O •O vl a aN a a a •0 a a M a a N a a a s O a N M a a a a s N a s •O (V'N a a a M a V V a a .1 .4 N N v1 O O. N co CO N .O O CO CO P .-1 .O CO M N .4 CO a 'O a O N P 0'a .-4 N 0 O .-1 0 0 0 O N 'O 'O on a N P a M N O .-1 a N N •O O Lc, co M ul O P N CO O CO P O N 0 CO 4 P N 0 0 CO 0 0 0 0 3 O O .-i .--1 O .O N .O .-i'.a s N a P 0 0' .-4 7r. N ' .-4 N CO O a .--1 '"N 0 .-+.N O O .n vi 0 0 co. 0 0 0 0 N a V a. 0 •O v1 0 0 v1 .0 M .O .ti .O O a N N .O M a .� .0 LC) CO 'O COO •O O N .ti v1 CO O O N O O O O > O O N O 0, c`� o_ CO.e-� .n.40 NN . O COO.N CON COP O co 'O 0-) •O Lc) O O co O O O Y .-1 .--i O. O N P P N N O .i .-I a 0 N N O O .'i •O 0-) N .-1 CO a CO O a 04. vi ui •O .-1 O O 41 O O O O O v1 v1 P N .O .4 CO •O .-1 .--i 0 CO v1 Cc) a , 0 -4 N 0, N cr., 0 .-I . 0 0 .-I 0 0 0 .-1 0 0 0 0 mO co_ P O 0, O co P O O O P 0 P P N P N P O' O O O P a, 0, O OOOOO O OOO O O O O O a 1 ) l. O a u a .l a ( a s v a a ^ 4- vl 11 a a a N LC', N 0.) 0.) 0.) In ul a '0 Vl Lc, ul • t 0. 0 ce a) CO . o v o 8 00000000000000000 8. 000000 8 00000000000000 u 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8 0 0 0 0 0 8 o 0 o d o 0 0 0 0 8 8 00000000000000000 000000 00000000000000 y > q O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O 0 0 0 O.O O O O O 0 0 0 0 0 N N 0 0 00000000000000000 000000 8 00000000000000 C O 0 00000000000000000 000000 00000000000000 >. 6 a 0 0 00000, 000000000000 000000 ° 00000000000000 CO = vi vi M ui .n .n N .ri vi v .ri vi ri vi vi vi vi .-i vi N v vi tn.'vi vi vi N vi vi N CO CO vi vi vl v vi vi vi vi vi U p •L Cs' P N N N N N N N N P .-I .-1 .-I .-I .-1 L. .-I P P .-1 .-1 .-1 L. P CO N P P P P .1 .-1 N .ti .-I .ti .-1 CO .-1 N N N N N N N N '0 N N N N N N N I .( N N N N .--I .-1.N .4 .4 .4 .i N N N N N N N U U 0 O 00000000000000000 000000 00000000000000 O) y N N N N N N N N'.N N N N N N N N N N NNNNNN NNNNNNNNNNNNNN N v1 N a N . N N a .'� N u1 .-1 P N .-1 O M M CO O M O N O •O 0 0. CO a ul M O N CO 0 0 0 0 L O 0 .-1 0 N 0 N O -4 N 0 M .i N M CO N N N N N C) .-1 M N N O O'.-1 .-I N N O N M M M M i 0 N .i N O u1 .-1 c1 N M N N u1 P N 0 P .-1 CO CO a N .-1 a N N ul CO CO CO u1 N N P .O N N 'O I 0-' " .400000000 .+ .. 001 00I-1 000000 0 ., 000 00 .( .o 00 .+ .40 N v 0) v �0X1 0) v N ii iL iL ii iL iL LL o Q v a 6- 6-- 6- 6- 6 IT v -o -o -a -op •oav v cu v -a00 -80000 O -0 -0 -0 -0 v -0 -0 a '0 -0 '0 -0 "0 "0 -0 "0 -0x X X X X p X x z LL LL '_' '4 o o x o 0 0 0 X X X X X X X X X X X X X X X X X LL Li: IL LL it LL LL LA. LL LL 2 2 11 2 2 2 2 so -1 N N N N N 1L it IL IL it I.L 1L 1L IL it IL lL IL L lL I.L Li_ Li_ } } } } } N } } } M CO Y } O. O, } O, O, p, O, C 0 C Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y `- N N 0' 0 �a N .mo o `O• `O• 43 ., 000 .-1 .i .. .-i O co ~ co n N W `O 4O N N Cr, P 0 N CO CO N CO CO O O O .-1 N N Z o 0 0 0 - ."1 Z Z Z Z Z Z C N O O O O .� .-a .-i ri .- .-1 N N N N M M M ~ cococc, N N co N a } } a } } ` }` P, O Ct0 co co co co a a a a a a a u1 u) vl .O •D •O N M 0.) a v) 01 Y N N N N N N i0 NNN jf • '. O 0 , N 0 ~ � OOOOOM C OOONNNNO .00OO. UO• ..1 co O_ NNNNNNNNNNNNNNNNN N NNNN M O NNN N N • p c. O O ON O O O O O O O O O O O O O O O p :2-, CO 'co- W 0. 0„ -, v0 0, 0, . .. � CO M C CD O O • a s -1 a a a a� \O . . . O O L. - n O . . . - . . . N . NNN •O j 0 0) N CO CO CO CO CO M \ .-I M M M M M co C\7 CO F N W O\ N 0 0 •n `O `O 0 0 P M p O P 0 0 0 0 8 N N N co .o .o N N COO 0. 0 r CO CO N CO CO v) 0000 . N 0 0 0 O O O O N N O N N N N IOn 0 O O O O O O O O O O O O O O O O O O = •OO O N O N tn O� Oo N N N N 00 00 co r CO CO CO CO O O O O 0 U O P v1 co v1 v1 N N M Y N .. 01 N O r N M U1 � N N N .O N N N N .4 0 0 N N M N U U N N O O a 0 0 O N m .+ '0 0 .-1 .-1 N .-I .-1 N .4 .-i O O N O O O 0303000 O LL F F F F F F F F F F F F F F F F F O p ce ce K . _ _ _ _ _ u ON O m 0 0 0 0 p ¢ ¢ co co co ,o LL LL LL 2 2 Z LL P O LL .n O o .n O LL LL LL 0 '0 0 .-i .-1 O 1 p CO m m CO m CO I pO I I X 2 S I - LL LL LL LL LL LL CO P N O` . O M N N •O N `O N 0 0 a P P M '0 N a co a `� v1 O u1 .n M ul N u1 M •O N N P Z p N X CO m v1 = 2 m N a X Y > w _, LL X cc O Z Z a X a N O Ln o F a cn U N sO X Y Y 0 Y Y Q a a U U U CO m = N 0'2 L. L. p 2 0 M p X 0 0 5. moOUmOmoomcomm V V mU V V aoOCo2 LLMM ¢ ¢ 0ua0' > 2cia2 U N N N N N N N N N N N N N N N N N N O O O u1 .n O Q0 O co N N u-1 L.M ¢ ¢ X ¢ ¢ ¢ co O OO co co co co co co co co co co co O O O M O O M 0 0 0 ¢ a .N-1 .N-1 H .Ni .N-1 .-1 .Ny .N-1 .N1 .N-1 .N-1 .N-I .Nti .N-1 " N N O CO Lr, N .f1 N M N .co My .M'1 NM-1 .N'1 .N NM-1 .M-I N .N N ..1 OM N P P 0 P P P P P P P P P P P P P P a a.a a a a M M M M M co M M co M M M M M -0 0 O o0 •t C a P N N a Cr O CO CO c-1 CO 0 0 0 .•I .i P N O .-1 CO O P a NCO P N CO CO •O .O P a 01 d N C (47. N•) N M CO CO CO M CO M CO N M CI CN7 CO M M Ca0 N N C9 N C) CN7 CO CO CO N CO CO N COa 01 CO COM CO M M b.0 N a a a a a a a a a a a a a a a a a a a a s as a s a a a a a a a a a a a a a a f '-.- < 0.M 0 0 U o i� zry I z z z zQ Q z.zQ z z..zQ z z z z /+ + + + + + + + ++ + + + + Q "+ QQ \ 0. + Q 0 o N qiQQQQiQQQQQQQQQ QQmNQ 000 0 � 0 NQQQ iQQQQ QQQQQ QQQ NM o < Q < Q 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ,o Ln a ,o ., ,o o„o ,o ,o ,o ,o Ln ,o ,o N'1 ,O N N a O a O u1 CO 0_ 0 ,ti .-i .-: ,ti .-i ,ti O c, c-i ,ti .-, l c, .-, .-i V c-1 O O ,ti ., .-, N ., .~-i .4- o. ., O N ," ,0 a 0, N O, N LO M o] N a M LO c, N N N c, O c, M N CO u1 a ," N N O, a }.4 O O c, ., c, c, N M M M M N ,O M O, M.N 0,O 02 .-i c-i .-, ,--, ,ti .. .-i ,ti ,ti ,--, ., N CO u) ,O ,O P s. WC >O 0 u1 u1 M O N a 0 ,-, a ,-, O N ,0 ., 0 0 P N N N M UI U is M u1 ul ,O N N O. 0 c, 0 N.a a a ul N N.00 V1 ,0 N u1 .0 ,P2 j N N N N N N N 6 M M M M M M M 0 0 0 c, ,-i ,-; N N' no a d ut N 0 0 ,0 0 0 0 0 0 0 0 M 0. Lf1 0 ., 0 0 N 0 0 0 } N N LO 0 c, 0 0 a',0 0 0 M N M N N N N LO N N 0 V 1 Y .O ,O N N N N u1 u1 u1 u1 N.O N M M N ,O O N u1 0, N c, O 0 0 0 O ,--0 O O O O O O 0 O ,-, ,-, O ,--I N ., O O M a O m w O O O O u1 O O O O O O.O O O O N O O O'0 a 0 0 0 P ,-, O O O O O N O O O O O O O O O O V O O O O o. O O O M La O O N O N O O O O o 0 0 0 0 0 co O O O O N 0 00 N M > 0 v1 ,-, m v1 O N O 0 0 O m O ul O ,0 0 ,O 0 m o 0 CO 0 M 0 Cll M `,0N N MN. N 0' N co. ,O O ., 0, •0 N u1 ,O 0 , M C',/c -.7 Y C'1 N 0, -i 0 a N 0 ,O 0 en M 0 0 0 N O u1 N a O N a m N ,O M O M 0, 0, v1 a N N.,0 0, 0 N ,O 0 N CO N a ,0 a'.0 u1 0, c, m u1'ut N V c, a ,O M M cl M a f`l a 0 0 0: O, co.. ,O ,O ,O N co.. V n 2 a a a a a a N a a a a a a a a .N a ,--I N V M a u1 coc N co O a 0 0 0• O N a N O o O N 0 0 v1 ,-, ,-, u1 N N a N N a • 0 O a 0 0 O` O 7 V N 0 0 0 N a COu COCM 0 0, N M 1 O `O No u1 O ," M c, N N ,O V N En0, 0 O, 0 0 0, O N 0, 0, 0 0'0 u1 N O ,0 0 u1 u1 N 0, u1 M ,0 co ,-, > O co 0 0 0 0 0 N M O O O N ,O 0 ,..j ,--0 co ,0 0 0_O ,y ,0 " f.i -,, O M O O N O N ,O N 0 0 0 N ,-i O M ,O M N N N ui 0, ,O 0 N O N m O a 0 0 0. 0, O 0'0 N 0 0 N r, N N a N ,0 N .0 N m O N ,0 O 0 O O 0, N O O O N O O 0, O O o` o, o, O, O o, N Ln '�' ut Lri Lf1 M a a u1 ul Lr1 N ul N c,l a M a ,O a N O L au Ce aai 00 = c o 0 0 0 0 0 0 0 0 0 0 0 0 0 o O 0 0 0 0 0 0 0 0 8 , 8 +., O a, 0. 0 0. 0 0. 0 0 0. 0 0 0. 0. 0. 0 0. 0 0. 0 0 0 0 0'0. O 00000000000000 08000000 O 0, �.. > 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ui 0 0 0 0 0 0 0 O 0 N ( ,-' O.O O O ui 0 0 0 0 0 0 0 0 0 O N 0 0 ui O a` O O O O C m 0 0 ut O N 0 0 0 0 0 0 0 0.0 0 N O O N O O po'0 0 01 >. M 00 ,0000000000000 Cr, 0. 0. 00.. 01u9. 0. 0..N N m = ui ul a ui a Ili M u l u) ui Vi ul ul ui ul M ul N.N ul M L ,O u COa c, N N O N 44 c, c, ,-, N N ,-, c, c,.N N N ," N N N O O 0, N N N N N U• U 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0) 0 N N N N N N N N N N N N N N N N N N N N N N N N N a a 0 Ln a ,O ,-� M O N O ,D N O N O, ., ,O V O N ., N L .-, ,-, M N O .-, 0 N N c,'N 0 M 0 N N ., N M O c, N ,O Ln N u1 M ,,OO ., c, 0 0 ,0 u1 ,O N N a N N ., a N M O• 0 00 ., 0000000000 ., 0 00 ., 00 ., 00 w v v 0 v v v'N v O v 0 aai v a v x x x x x x x x x x x x °' x x LL LL LL L.L LL V' ll. Il LL LL Le. LL V1 [,� 1 LL L.L O. u 6 6 X ^, 0 6 6 6 6. 6 6,-x-I U u 0 v •, 0 0 0 O u d u U v O •X O O 6 0 0 0 0 0 O. O x 0 2 O p x O O X (, • LL u1 N '� . .0 0 ,O N N ul LL N N 0 N l.L 00, s L. L. LL C .-I ,O ,--I O M 0 0 N N N ,4 O `" e' N c-I N• .}, N N n a '0 Y a Z N Z Z Z Z Z Z Z Z Z Z M Z Z 0 Z Z p Z U C�� I. is O r o N 1- N N N m a N " y M ,ONNONNNCu1 ,ON ) `OOOO O N N04N N N M M M M M M M M ^ NN 0 C OON N Z. u1 `" LO LO u1 u1 u1 ,O ,O ,O ,O ,O ,. ,0 ,0 W M M ., N N, N O ry L N N N N N N N N N N N.N Q N N O a N O c O O O N O 0 0 0 0 0 ,0 O O O O N O, O O y N O N N N O N N N N N.N O N N V) N ,9 O N.o OO.O a _ In s. O O N N - s. O N.O N '" M o = cM, N O . 0 0 0 0 V M 0 ,O N N 0 0 c, c, M u1 O ,0 CO c, N O '0 M ,O O M 0 Q 0 0 0 8 `' 0 0 0 0 0 m 0 0 O 0 V 0 N O V F N .100 0 `0 N 0 0 0 0 J O N O o N N O T< ,0 Z N N ,D o Ln ..O LO u1 N o ,. u1 M v O u1 O U m O LL ., 0 0 O 0 0 0 0 0 .-I ., ., N O a co07 0] 0] Q 00 m 0] 0] m moo J M Q N J J J J m 2 J J J J J J J 0Q Om - m 2 2 2 2 S Z S S S S 2 II Q D > u LL LL LL LL LL LL U U LL U LL LL LL Z D N M N M a C' M ,0 LO M .0 M ,O N 0, N 0 u1 N •,.," O, 0, .0 N 0 J 0` U N M N UI } Z Ln Lu N w > M J X a TO a s u1 0 i- a N Z Z D uJ LL N V1 0 Z U Q 2 Na 2 o a 2 a 2 Q Y Y Y J 2 2 a a M I N O 2 . O N j Q 0 0 0 Q Q 0 Q Q Q Q Q Q Q Q M ,y N ,O 0. M o a U 0 .n0000000000000 N M ,O ,O u1 •O N ., M M M M M M M M M M'M M M M M N M a 0 ," 0, 0, ,-1 r, ., ," ,., ," ," ., ., c, c, ," c, c, ," c, M o u1 N ,-, a u1 M M M M M M M M M M M M M M M M 0 0, N ,0 0, .. a 0, - 0 O oa C N 0, ul N 0 ,-, N 0 ,-, N M N ul N ,0 M ,0 ul ul M ," N 4) N = M N a N ,0 M ,0 N N N M N M a Ln 0 O O u1 N a N N a N j M co coM M M M M M M M M M M M MMMMMMMM 00 N o v v a a a a a a a a v v a a a a a v v a C a a O.M vO ap, 0 C Eo O a-+ , V N h- csi to 1 W OO O O •0 c7 t\ O p. O, O CO N 0 3 CC M 7, W � ,..--i 0 O N y_O V O n 'N M g`1 O O .-1 7 co O ei y v `O O a NN c to to N `� tf}bq tR Hi NVi MM- ai F y ,y a; 1I G 0 V -."O U N N N > > > > > v m is is is C LL V U (30 f30 V l30 C O 45 1 c 0 -o ^`ce -D •O E L a+ N L L to', L c Q 5. v E.' v to ` v I- E C c I, 4 Q C14 C O u Q rn Y W N N N N N N N N a G O O O -O O O 0 0 T 0 N N N , N N N -N N N > O I N O ti N ti H C o Q O 0.0 p;.0 0 0 0 0 '; (...)co Ii 1, t E m E o tzu 0. o 0 0 Ce 0_ a a 0 0 0 0 0) c ° ° ° wv a a a — Eww !�°00T y o n on o0 ~ ~1— ccc LL LL l 0aO > > ' „ mm m 55 "QNN 0 U U 54222 .za p .i`m m m M 0 0 0 t m v Y L 0 •c E c t0 V O O O 2 iii p = :_ T.m 0 rgU U U c p 41 U 00 O to O C C U 2 a C 1,.W t*rydp".. p h4co � t il'...1, C I ;i-i, .ti N o1 M M M N N = 4 0 888 .888 o u 9 u rQ 1t� �p'h a 0o 0 0 0 m 8 8 F°- o 0 ` 0 er w w w `w 8 0 2 `A. w u u Q 0 8 Tii 0 d a 0 0 ' •Zj 0, ' a`Coo o N if 64 b4 i O 8 8 0 O O 0 a o 0 w w t c 0 :_� N ate+ N C• 0• o i ] M M O m o a• ° o :0.E Cs, N y 0 O y m N cn W \O M 0 V 0 0. 0 0 N CV N M C a O ~ 0 • • vvi 8 .> p 0 Ti , Y Q ': CV 0 0 0 LL C. N 7 N cc M c 0 a Y o c V uN O bD ad ° E ,p E E o t co cv C . • > Cl-. j O 2 'SiYp .. �t p• V Q _ a C) C')) F M M 411. yV M N V. d C. O 0 7in. bet `u V Q .--I ei .--I ei o .� .-I a •o .o .D 0 c. C C')') el, `IL ao cr' co_ o $ ' o d ' >" o 0 O. o 0 ui vi ul 0 o --' N co m ON C -0 '1 i 2O w o a. N al L N u d a) CAa d (ou z0O w o 0 .--I N W N V O.- o. c., N 0 N 0 C M To O O F O d 8 1 Y a N Ca 0 LL t N D O ei 0. M W 0L 0 M Q C V O u N o C VIto? sO u C t a 2 L 0 U d T a2 el_ n: taa = c~m H 42.4 0 i Q C, d 00 0 0 ++ 0 0 0 C If) N V1 1n ZWI e-I N a H9 tR to M 07 Y N � t $ ' 0 0. • $ $ $ w )n n )n m m .ry-1 N (NI C tR W tR tl4 L ryN 'O N N > N N N N u 0 0 0 0 tn 0) O O O N m 0 CG c� n N 0 N 0 (NI — C co N 1.0 mO ' > o So $ ti ; O vi a s o 0 0. a) m `c, a u co 2 Q N u• 0 co Ln � �. .a \ N O� ai > M u O m Rce o. E E E i C V 0 F o o o 4+ U O = O C C C '... Cti -aO C v v C " 0. a a) a c m° = a° � F 1 •;•,,, o0 %, If5 $ a a a AA Statement of Cash Receipts and Disbursements and Summary of Cash by Fund Finance Department October 2022 Cash Receipts and Disbursements September 2022 October 2022 Receipts General Fund Property Tax $ 1,068,070 $ 440,651 Local Sales Tax 4,187,866 4,402,273 Public Safety Sales Tax 245,526 231,794 Transient Occupancy Tax(TOT) 1,817,586 1,737,764 Utility Users Tax(UUT) 1,935,246 1,991,253 Other Revenue 4,834,163 3,747,691 Total General Fund Revenue 14,088,457 12,551,426 Total All Other Funds Revenue 20,272,775 11,323,268 Total Receipts $ 34,361,232 $ 23,874,694 Disbursements General Fund Personnel Services (10,165,158) (11,068,897) Operating Expenses (4,949,218) (2,746,380) Capital Expenditures (176) (222) Non-Operating Expenses (4,208) (70,142) Total General Fund Disbursements (15,118,761) (13,885,641) Total All Other Funds Disbursements (18,454,372) (17,864,856) Total Disbursements (33,573,133) (31,750,497) Net Change in Cash Flow $ 788,099 $ (7,875,803) Summary of Cash by Fund September 2022 October 2022 General Fund $ 70,137,007 $ 68,802,792 General Fund Other 6,430,278 3,229,834 Capital Projects Funds 33,730,578 30,751,189 Debt Service Funds 23,257,914 23,123,707 Enterprise Funds 80,157,399 82,354,355 Trust and Agency Funds 5,745,625 5,178,840 Internal Service Funds 31,219,568 30,462,392 Special Revenue Funds 65,594,486 64,493,944 General Ledger Cash Balances * $ 316,272,855 $ 308,397,052 Total cash will differ from investment portfolio total due to outstanding checks and/or other timing differences. Note: Above information was obtained from the City's accounting system records.The above information includes receipts from maturing investments and payments for purchased investments in the city investment portfolio.This statement is prepared in compliance with the City's Charter. 33 64 2 LL e3 1--6 •ce...,. 2 c‘i e� y% N 6 0 . .. � �� .2 cc.- :4-- ,ii- -,_31. c--, A ig 4-A M a y e�� rA `. 110 04E ‹..,.. rnLad 4, g 1 ... 0 6 LU Ei g _ 1 0 I '.5 10 a a 8 C. ti rn a) 1 0000 N C") LC) = CV �° Cr) 0 0 fi4 m a) N- Is) rn ti �p M 00 N• M CO > 0 M L_ 0 4 2 U E I o 0 a o_ N c a) N Cl) QN E N 13 co fl. I— 4-1 C To p te " (a N 0 m - N CNI E = c� cNn Cl) C o Q a) c - < 03 Q H r c ._ a3 Q = o E O M _ } U- 0 F- V) 0 0 I— ...,,,,,,.. 1 r CO co a. 0 . . . . . . . . .Ca . . . . . 166 o E O 0 c _ 0 C...)\ _ C. ,� III II W o O <� CN LLI o ce. Cc) CV o CU LIMI IC', 0- CZ CU LEM V a O 0 c.-: ...,) ..:„. to a) 0 . . N Q cv N CD z N UM i M x a) CD U 0 ci) ;-+ 4-' ct I 'Lj 0 () O '� a) -AkP I' _ ;v-, cy a, o E w I) o V o CI) 4 5 Q . 1 cc L Do P. a o a) ct 1 . . E E N a) M 0 �. r Cl) E a� cE E co„ o NP 0 1 :k Pcr kr) Q i f•9 2 I ■ (J CC a3 i cm c) co v. d' c CQ , N Imo+ v. 00 ?, N cal N N Lal t0 o ' N i.77 CC a5 co O N O cv a) 'i N '� _ N Q- O N C N �5 N M N ++ N E O CVO " 8 a) 4.- c .Q S3 O N "—' 0 s H = cm i- a o o n a n a 71 M I ON - o 1 _. i I >- cu U I I I 0 L N. n co co �— o M F— o O — co(nd; � (/) d). N- d,0 jCO N Co CO N LC) n , IN ese r, s� 1 � 4 ✓y ■ ■ - NcC �, c>?I) Q 2N O c`°1, CON i 1 c lea:ffi (..) In CO CO f /4y v1 4 CO CC „'-'.'' c:e tv 9 0 ?.... .(r> vi 0 N S' O � ota. p c, ....,,,,, g w eoc, ..„ e....ct., ., fc.„ ,,3 e.fly, w C.) z Q LiN Cl) a w w w w w w 0_ 0Z N >- Q Z c0 %ID w :ill O' 2 co c c • +r a)w co c 2 0 0 0 m _ Q Z Z Q Z a Q a z Q a) 6 2 iron W m ' 0 Li- J CO 0 J von o O. a � 0 a� m o 0 0 CO w C C O 0 d. 0 0 0 ti LL lf) Z Z 0 t!4 2 0 2 N M p 6 acs 2 * .c >' i Cl) Cl) m ca co m Q ac X H 0 > a) > a) Z L M N S ca w Q. a p a) v n- ca N ° .— c) _ a m F- — y N 0 m +� V co N Z �0 bi0 .. W w V Q N a)a) C \ g — c to' N r� H ~ o Q C CO U) E p a a Q ` w E 'a • `o o 2 '5 \ Z p U N 4.. a N 7 CO N r 6 L CO gi IMMO C 0 a OEM araillala ■ NW. :::.::. la IMO O morn er) Cski • CNII 2 co i = 40 c Q� 0 .0 Eu) •..... a) 8 c c ..... 8 0) . ■ O 8 ' 0. livii b.. E "7 c lit 1 8 co 2 *a 0 0 , I 0 ' ti c41 ci. 4.) -0, •u .= 4....,„ _ 4.0 co4 •o 0) ,.�- air IN a ...., L s� 'L � N-- -F-a C '■ al #011 Loa 41) 0 2 O E . . . z i ,, 8 .� O 115 ;���� GTo 2000 Main Street, � y Huntington Beach,CA ° • F • 92648 City of Huntington Beach 9 IIPPeoY E D File #: 22-391 MEETING DATE: 11/1/2022 REQUEST FOR CITY COUNCIL ACTION SUBMITTED TO: Honorable Mayor and City Council Members SUBMITTED BY: Al Zelinka, City Manager VIA: Alisa Backstrom, City Treasurer PREPARED BY: Alisa Backstrom, City Treasurer Subject: Receive and File the City Treasurer's September 2022 Quarterly Investment Summary Report Statement of Issue: Receive and File the City Treasurer's Quarterly Investment Report for September 2022, pursuant to Section 17.0 of the Investment Policy of the City of Huntington Beach. Financial Impact: Not Applicable Recommended Action: Motion to: Receive and File the City Treasurer's Quarterly Investment Report for September 2022, pursuant to Section 17.0 of the Investment Policy of the City of Huntington Beach. Alternative Action(s): Deny or provide feedback on the Quarterly report Analysis: Not Applicable Environmental Status: Not Applicable Strategic Plan Goal: Non Applicable - Administrative Item Attachment(s): 1 . Treasurer's Quarterly Investment Report for September 2022 2. Treasurer's PowerPoint Presentation for September 2022 City of Huntington Beach Page 1 of 1 Printed on 10/28/2022 powerec LegistarT" CityHuntingtonof Beach Quarterly Investment Report September 2022 ox t� }�$ ..sear/s Prepared by: Alisa Backstrom, MBA, CCMT, CPFIM City Treasurer Colin Stevens, MPP Treasury Associate 29 INVESTMENT PORTFOLIO SUMMARY Ptift p/ V-Aie cif kink Pod Catitimi lariatkivPocisiliM $22,727,16L46 $22,7E,16146 7.36% $22727,16146 0,1 1 calmede m S5.OQO,000.00 $2,99961L11 163 0,000 i O.i 2 larrasives 4, $70,000,,MCO $77,913,697.71 25 $73. 21,36G.00 0345%, 763 941gami $29. ).QOQ.0 $29.081184.55 9 $26,963,780.00 3.105% 799 if $139.45.000100 $139.237,.125 4109% $129,094755.00 0.614 857 CeponteMIN $34,+': CO $34,315,685''• 11.2 $3a575,1E 3 0. 6 660 T % ; ,.;16146 4 =775,27148 ,781,66530 1. 7B9 Currently, funds within this portfolio are invested in Local Government Investment Pools (State of California's pooled account-Local Agency Investment Fund "LAIF", Orange County Investment Pool "OCIP" and California Asset Management Pool "CAMP"), commercial paper, U.S. Treasury securities, Supranationals (International Bank of Reconstruction and Development "IBRD", Inter-American Development Bank "IADB"), Federal Agency securities and corporate bonds. Only the investment types allowed under California Government Code Section 53601 and the City's Investment Policy Statement are utilized. Short-term interest rates continued to rise during the third quarter of 2022 as the Federal Reserve continued to raise the Federal Funds rate. As interest rates rise, the market price of the securities previously purchased (at lower than the current market rates) goes down. This has resulted in the current market value of the portfolio being slightly lower than the book value, at $290.8 million versus $308.8 million, respectively. Increasing interest rates will allow excess funds to be invested at higher rates thus, allowing the portfolio an opportunity to earn increased interest income in the future. 30 PORTFOLIO BREAKOUT BY TYPE — BOOK VALUE as % of Total Portfolio Breakdown corporate NMI LGIP 1128% 7 CP s N 1. ktr � �- 2523% AgefltieS � a 45.09% Stima 9. nook Value S of Portfolio The largest holding by security type at month-end was Federal Agency securities at approximately 45% of the total overall portfolio. This was followed by U.S. Treasury securities at approximately 25% of the total portfolio as of September 30. Cash held in the Local Government Investment Pools ("LGIP") has been reduced as higher interest rates have become available in marketable securities. INVESTMENT PORTFOLIO EARNINGS Period Earrings Summary Days) Fits YTi3 Summary(92 Days) Net Penrod Earnings $362.964- Net Period Ems .S951.576_20 Last FY Period Net Earrmrgs: S235.824.00 Last FY Period Net Earnings $783,380_74, Avg D y Bo Balance $3O3.872,406.69 Avg Daily Oily Book BalaKe $330.785.459.54 Net EffectiveAnnual Return 1463% Net Effective Annual Return T Earnings for the month of September 2022 were $362,965, an increase of approximately 54% from the same month in the prior year, due to the increase in interest rates. Fiscal year to date earnings of $951,576 were up approximately 21% from the previous fiscal year. The effective rate of return for September was 1.46%, with a fiscal year-to-date return of 1.22%. The increase in the September rate of return over that of the fiscal year-to-date return is a result of the portfolio investing in the higher available rates. The benchmark has increased rapidly with the sharp rise in interest rates during 2022. At the end of September, the 12-month moving average of the interpolated 1.5-year U.S. Treasury was 1.85%. The portfolio will lag behind as it will take time for previously purchased securities to mature and funds to be reinvested. 31 INVESTMENT PORTFOLIO ACTIVITY MONTHLY ACTIVITY: September 2022 Purchases Investment Type (Face Calls/Maturities/ $ in 000's Value)/Deposits Withdrawals Federal Agency Issues $ 5,000 $ 3,000 Local Agency Investment Fund(LAW)* $ 8,000 $ 25,000 CA Asset Management Program (CAMP)* $ 18,000 $Medium Term Notes-Supranationals $ $ Corporate Bonds $ 5,000 $ - Commercial Paper $ $ Treasury Securities $ - $ - OC Investment Pool;* $ 7 $ 617 TOTAL $ 36,007 $ 28,617 *Includes Interest Income QUARTERLY ACTIVITY: July 1 to September 30, 2022 Purchases Investment Type (Face Calls/Maturities/ $ in 000's Value)/Deposits Withdrawals Federal Agency Issues $ 5,000 $ 13,000 Local Agency Investment Fund(LAIF)* $ 16,030 $ 38,000 CA Asset Management Program (CAMP)* $ 19,000 $ - Medium Term Notes-Supranationals $ $ 6,000 Corporate Bonds $ 11,000 $ 3,000 Commercial Paper $ $ Treasury Securities $ - $ - OC Investment Pool* $ 17 $ 10,617 TOTAL $ 51,047 $ 70,617 *Includes Interest Income As the Federal Reserve continued to raise rates, funds were moved as much as possible into higher yielding options. Liquidity funds were moved to the California Asset Management Program ("CAMP") account. CAMP is a California Joint Powers Authority ("JPA") established in 1989 to provide California public agencies with professional investment services. The CAMP Pool is a permitted investment for all local agencies under California Government Code Section 53601(p). It also has the highest rating by Standard & Poor's of AAAm. As of 10/13/22, this fund has a current seven-day yield of 3.13%. One rebalance was made in the portfolio at 8/11/22. An IADB bond was sold and an IBM bond was purchased. The book loss for sale of IADB was $78.5K. The IADB bond interest payments of$48K versus the IBM bond interest payments of$118.3K resulted in a net positive position of $12.4K beginning January 2023, including all cash flows, with ongoing positive interest payments of$118.3K thereafter. All bonds were examined for rebalance at this time however, this was the only one that would be cash flow positive within 6 months. 32 COMPLIANCE The portfolio is in conformity with all relevant State regulations and the City's Investment Policy statement as approved by the City Council on February 1, 2022. The investment program herein shown provides sufficient cash flow liquidity to meet the next six months' obligations. MAXIMUM SPECIFIED%OF IN INVESTMENT MAXIMUM MINIMUM QUALITY Put FOLJOI . _ DQMPIIAPME TYPE MATURITYREQUIREMENTS MAXIMUM PER:. ,.;', ..,: "" ISSUER Commercial Paper 270 days 25%I10% A1, "A" Rating YES State Obligations- 5 years Nonell0% "A" Rating YES CA And Others U.S.Treasury 5 years None None YES Obligations U.S.Government 5 years None None YES Agency Obligations IBRD,IFC,IADB 5 years 10% "AA" Rating YES Corporate Notes 5 years 30%/10% "A" Rating YES Local Agency Investment Fund N/A Up to $75,000,000 None (LAIF) YES Orange County Investment Pool N/A Up to $75,000,000 None (OCIP) YES Joint Powers N/A Up to $20,000,000 Misc Authority Funds YES Maximum Maturities No more than 50%of portfolio maturing over 4 years. YES ECONOMIC AND MARKET OVERVIEW MARKET SUMMARY: JUNE 30, 2022-SEPTEMBER 30, 2022 Fed Funds 2-Yr. 10-Yr. As of: Rate Treasury Treasury S&P 500 DJIA 6/30/2022 1.50-1.75% 2.92% 2.98% $ 3,785.38 $ 30,775.43 9/30/2022 3.00-3.25% 4.22% 3.83% $ 3,585.62 $ 28,725.51 %Change 100.00% 44.52% 28.52% -5.28% -6.66% The Federal Open Market Committee (FOMC) met in September to discuss the current state of the economy and to examine potential future interest rate adjustments. They concluded that the invasion of Ukraine by Russia is causing tremendous human and economic hardship, and that the war and related events are creating additional upward pressure on inflation and are weighing on global economic activity. Fixed Income / Equity Markets: The yield on the 10-year U.S. Treasury finished the quarter at 3.83%, up from 2.98% at the end of last quarter. The S&P 500 decreased by 5.28% while the DJIA decreased by 6.66% respectively, over the same period. 33 Employment: Total nonfarm payroll employment rose by 263,000 in September, and the unemployment rate declined to 3.5 percent. Notable job gains occurred in leisure and hospitality and in health care. TREASURY RATES The following chart shows the 2-and 5-year Treasury Yield Curve rates for the period September 2021 to September 2022. Both the 2- and 5-year Treasury rates have been increasing sharply over the past year as the Federal Reserve continues to increase the Fed Funds rate. These Treasury rates are proxies for the type of rates the portfolio will obtain upon investment. Daily Treasury Yield Rates Jan-Sept 2022 5 2-year Treasury 4.22% at 9/30' 4.5 4 3.5 5-year Treasury 3 0 � 4.06% at 9(3 2.5 1.5 0 1/3/2022 2/3/2022 3/3/2022 4/3/2022 5/3/2022 6/3/2022 7/3/2022 8/3/2022 9/3/2022 10/3/2022 2Yr 5Yr NOTE:The above Treasury Rates are from the U.S.Department of the Treasury,Resource Center. They are the"Treasury Yield Curve Rates," which is defined as follows:These rates are commonly referred to as "Constant Maturity Treasury" rates, or CMTs. Yields are interpolated by the Treasury from the daily yield curve.This curve,which relates the yield on a security to its time to maturity is based on the closing market bid yields on actively traded Treasury securities in the over-the-counter market. These market yields are calculated from composites of indicative,bid-side market quotations(not actual transactions)obtained by the Federal Reserve Bank of New York at or near 3:30 PM each trading day.The CMT yield values are read from the yield curve at fixed maturities,currently 1,2,3 and 6 months and 1,2,3,5,7, 10, 20,and 30 years.This method provides a yield for a 10 year maturity,for example,even if no outstanding security has exactly 10 years remaining to maturity. 34 c al-- C. r' N M O Vl as co m •q C.1 Os 0 Os O .... c Q. e•I N .O P I^ N U CO 0_ O n n a0 ^ N to c ti ° '" I- = N _r v s o I— as ° a •> 0 N r> m . 0. N V . '0 t U o a -oa .49: 'fl ,70 +� �,N W i+. of * * * * * c- , a 12 H C a F u Y a n N 7 0 1- N ON. LL ,-•c Y.c e•I o co .-I .0 N O 8 C 0 0 0 0 0 0 .. c N m U u a c 8 O .T 0_ 'O c N 0 Z3 N 0 vOSSgm P1 0N N u y O N c 0 o v * c. . of m oo : mN" a P1o:. > 0 m n c N:. C�7 N £'1 V co ate+ I� 0 .-i O 'O Vj rl '+ aito Ln co °r° cy v0 as O i 0 i n $ v a 0 a. !A r. O >L E. 1 N I. N N P. Q m .2] O.Im E O C W O E u N >_ e� O 00 E ,O v N of * * I E `: Iri ri Q,3 : v E oN v N V W Z O 4. to u.. rO F-Y › m N G a CC m W e N N N C •c. •c Z > u t O CO 0 01 i N O. 4. G 0 U - D w .0 .y .I 'n m p ... . eo -a w Tr '., N In CO csi Z > W N v W n C ? .0 ,-I 0. co 03 co N N Q d �, ,_LL-0 a v4 .0 .-I au .0 ci z i Z.. N N > I 0 aPaoNm N. as 'O N 2 `iiiil : co N 1� P M d' o N G1..ic 0 7 N I N .y M O F. > v N I W b4 M w b4 tl►j ma) y u m `I is 0 `n I-1 S — mac,, > Ui 1- j, d N CO nEv S v io P al. N •O N Oa to Y 7 O 8S SS ,SQL SS o CI N C) M. o_ C 2 A N $ O O O .0 V. M W c,.1 C O.c I > N X g N ca v. ato ao m i0 I N CO N,ao M M*ft O 7 CO _C oD O 0) m C CI ..6 c ,n c m E u d E m 2 o I a W £ W. m 7 C Q L X V i . 'O. W Z C. C E N C _.8 O _ 8 •v .o0 $ m 0 . . c Io � a— — v A 0H 0. a a a W f9- _c c .. N 0 0C� u Z m W fL..l w N d m L7 E 0 re H N Q t '" Q ) m wr.:: E I u E v 8. E• 47. 0 0 as r , c N •p ,I N P C> V1 P M fV 0 .reN .-1 __ - b N 0 CONN nN -0 •NNN p d N v .p a0 m Mm ff a0 O. W T�.0 M 03 fu6 N M M MM W W y O E CJ >- a+ co4.1 7 m Q N m m v c N CO V eao _ 7. R : > w au +C w `4 `m o c _ aCLIaaOa1 d R , 2 m > n. Y N N > N > • N p. .cr iiir o ° wa ° c v a) m Sys a Qu 0. Q Q . ,,, 73t� 1 E II!! , v '8 8.-: � Ij1III .74 8 O O . o 0 o , o 1 Npp > 0) ,v c (0 (`0 2 y �. N H uQl (0 pH CO (0 V LL Ca' C'..a a.. V a..45 � N i tn. y � 'L' 8 y L I I- I Q 4 Q 4 N N N N ,NN N N pi N c Q N N N N ;N N N N N N N 14, G O O O O ;O.O O O O O O 4. N N N% N ^N N N N N N N 01 00 c'I 0 00 9 0 N C a (4 e-I N C ? CO). .+ O COI, �O O .-( O N N N C Q a s O), a. Io' a. a s a'O' 4 2 O O O O ,000 0000 YI V 4 4 4 f - E=E E O ,., CO a o.o 0 taaa o 0 0 0 a c c > a° a° a° a°' _ E E'' A � m a Y' m , w U C C C C F-' N-N N ~ LL Li. LL LL I-a N ; 7 5 n c uuuu 27i 555 J fV CI C (0 (0 C < m < < C m 02 m 1 W M 0 0 0 0 i m 1 C E • }} N To TO ra >' (5 io U o O O Y. OD I I I O C ( 3 O C As U 2 a cc 11 11 g ;> N N N N. 07 M M N N-N N p� {j _ 0 8888 4888 aaaa 8 8 M M 8 8 u Q 81 8 ` 0. § b q § � g a ri ai 0'', 8 § >� fo tH' a M I € N C PI E o ON' H 0 o a° o' '«. a E Ca � E 2 CO. O. o N o, fn 0 u a 8 N N O' N o (7 8 .8a o I- z•' w N < N t m Q N U- 0 L C Q m R MI v 0 ov0 0o M am.° • E E o 2 a° s..y C 7 : % & (0 2 i {' ` 12 o o j2 as ,8 § t >2l ▪ ƒ\ 1 2 - ' [§) # {mil _ 8 8 ;8 - 8 & {a) / § 2 1^ !�) \ } ±A (k) 8 8 :s / } f\ k t 2 \\ \k\ � s \e) }� \ ) � ka (k - NCM \ \ a 00 8 1\ { Csi , 00 .2 J : $ o » 8 L 2 Aw \ \ / N /\ O. \�y ..\ \ $ . /\ / m m ^ � j - k § . a . 5 3 > m 227 \ o. } a. t. : � W,'— } ® �� ° : /� § !-\ &, : .. � m } \ § / « . t » } # . : i NFi8888888N88 M 4.4 03 CO Ln 'O 1 u Lri I C `'� O O N N u1 N N N C) cs4 cs4 rs. Z tq t4 M Mi!R fA tR to M 44.' ai CCC a 8 8I .. QQ OQ 3 W c a ,.I tA' N N , I -o > I O p p p p p 0 N 0 pp cetiCf. Cf. vi o o vi OO. 00 N ffi . 88o o q 1'uv. _I. C V#.'tR N C) N N ul:.-. .ti �:.. ('7 N AA.-bar M tq tH*AM :tR-Va. .0 V C) a N N NN N NNNN NN N > W NOJNOJNCINCN.N CV CV N y t"' O O O O 0 0 O O O O O O U ON N N N N N, N N '0N N N N Wa 4-. 4.4 �:P N ') ' CO O O Ce N O O O O .. .-I N .-1 .-. N O') C') ,. a' a' a' a a a' N A P cr. O. O. cr. O. a O. O. cr. as asy Ca O O O O O O O O O O O o W C 5 E Q I— n c. M I C O OO O N O O O O O 1 Ud � NNO4N0CVO N n c 0000a000 0O ~ ' m o o a �' ga ^ 8N' mggTIG , m ' °° '0N ti C ON N N:O O C O ul < C LL LL u_ U U. LL LL ~LL '''Z-) U a w Z. o. O. O .O O o . ul N , 'O N 2 o _ aO ,- O 2 CO I 8 0 M M N ti M O cn C) 0. y > Ce al ilj W O. W W W W W I N a) y a) a) 4.., CO u G I- '4 y O I O O O O' 0 0 v O O C u LL V 'a' 'a' V . 'a' `E' u u V Q) }O+ OQ O W :C C G u C: C C W C.C 7-4 C O 2 w v v w.w w w w u v'.v O C Q .) N N N al N u W W O M O W c c c .S c c-c — Io. a: - - - - ptM J.u; ....... ...:...._ .:........ i 00 , _ •'..� - f') ' M •^O m '' 0..C) C) r' C) O. 5 7 8 8 c') C) N CI N C) O) 8 c')'N L 0 C '7 R R R R R u v on co ° Q o • • 0 c cc cc Z ZIZ U • 1 0 p LS. p. O ' ' 0 0, " 0 • • W CV " • c ••o • • • ce VN , n: V Ta eel t�(1 N `Q p rl Y70r R. p- 1N. CV N ( N • • • • • so N �. ^ 4 n • e .-i N po p" N 03 P01 O. 4) •• CL O o • O y00 C CO v- 8> I a o a U CJ ." " N • • a aaa' J J • • • • • 0 0 c a E m, o c g 2 -o N' Q ao 4 J: a m' N O • • • n Q a.. m 0 C " M:N 0 • 8 8• la ` u CO OD O ._a......C O v a 0.0 d o: O o: e-I • U m o 11 �, a a s ZZZ 1ZZZZZZZ a • N. •- `+ + + + + + + + +.`+ + + +'+ + + + + + + + +I+ + N. + + +N. + + + e � a * * * * � � Q � * a � � a * � � � QQ� 1Q � Q � � � � � ▪. m m m io io is m m m m is m m m m m:m io m m.�o m io m m Cl m m m m m.. m m m m.,. nrio coo a ¢ ala a ¢ ala l� a ¢ ¢'� a / alb ¢ am am a am am', a a a < < .2 < a am a a a a a 0 Ma'p * 0 N ( tOaa * 0 (Naa0 ( 0 C * ff o N o ; N N * o (N * * * o NN N N ( . MM . VO ( N < O000N0 MV . N ( N N (N N NMN ( ONNNN ued •O •0 0, 0 ,0 0 N 0 ..0 M ..0 0, 0 `O N 0 M V1 NM •O •O •0 •O 0 R `ro 0 N P P .O •0 •O CI .0 ,C) 0 ..0 , "i ".i 0 ‘-I .-1 .-i N .-i'.ti .-N .! .ti 0 ri .-i •-i .i O-.ti In .-i .ti .ti .y ri O: .i .ti cV O 0 -i .i .ti .y .ti .ti e+-� ti Z. Y1 30 co co V N N 0, 0, cf. 0 <N CV0 •O •0 00' MO OM N 0, N M N V .-1 .-I .-1 . 1-1 .0 0, `0 N co O.O r. QN 1n O O M M co •O •0 CO Cy, ,0 0 0 0 M V ,I. O' •-1 O' 0 .y N V V1 0, •0 •0 srN Cc) Os .+ C') CO Cc) N. cc .-� CI:M M 0 0 ..0 •0 •0 N N .-1(:_ .-i.<:.. N M 0-.`„ < a-i N N N N N c0 1n •O •0: : N N N N CO 0`• O O .-I :.-1 0, 0, CO N N 0 V O N In •D CO CO N N In In CO 0,V N N N •O O N N W Os O N CO N N N N N co CO N 0, N V N N O O N O P In In V V P •O ..-a O N N 0, V •0 N 00 0• 0, 0• .-1NO iO O 0 O , - . H . e'ICyNN NM M-.M O O .i:Ni N M 0 0 0 0 0:0 .ti .-i .-i .-I .-1 .-1:.i N t.0 CI • �C'D O V .-I:(N M O N N In O In O In In M O O In 0 .-1 In M N o OM .-I O N In ..0 0 0 0 0 0 0 0 0- (N N -P 0 C0 •0 N P sr P N .-1 M:0 In 0, CO N N N CO .-I N.. In V 0 VI M '0 M N'.O V 0 O:O 0 Ov V (0 N:P P N O. In N..In P •0 N:.-I P CO:N N N V-In In N'.. (0 N N V V:V N P O N In 0 0 (0 m.} -+ .-i':O O O N N--:.i .-1.N--..i O O.O-.<-i O:O .-I N N:O O.O O, N:ri N ni N:N N O::.-+ V O .+:.-1:O �' 0 8 ocod000000000pooae 8 000000 $ci 8000000000 88' > 8 0 0ICO n CO 00a0o0-Ing'(0In0'a 888Ln8� 00 eeLn � oa ,nL W▪ O e'1 CO N 0. .i N CA of of 0 •O P V:.V N P v a 1. Vl .I V In N •O O M.00 Vi N.ri m cos V P ri cV 0 0 N Y O oQ N N. M •O 0 0-.N N N:V co •0 V1 P N ':00 N V1 V V N V P '0 V •0 N •0 •O N Vl P:co P ti co-N •O N 0 Q P CO CO CO N CO N CO CO N .0 Cr. 'Cr:N co_m_co 0 P N.V Q co Q` P.P P P P P CO •0 N Cr, •O •O `0 In 2 L6 N N.V V V •O V V c]V V N V V:V V _:V ^. M V V V V V N V:V •Ci N N V V ‘I M V V V V:V O) (N •"1 In OS M <N N •0 P N CO CO V •O In:CO In- .-1 N .-I In .-I q0 V N V, :0 N CO .-1:P •O P p 0 HI, ey P P'...-I M N 03'0 N V; N n t 0.:0..O.'.V N - N •O N:'Cr N .-i a 0:.-I N V C•1 In co 8',8 Vl 8 0;8 8 Ti a-I <'1 •0 O N N P •O:c-I co •O.O N .-i co-V Vj • O o.. co In 0 co •0 In co p 030 N CO N 0- O CO p O .'I e-I 0 CO:ey CO N 0 N N co-co •O N-N N-•0 N .0 co co .-I..p co •O: e,.1 p co co N V •O N pp p O O 8 p pp cv <r Y P P 0. N V .-i V O.In 0i N-:o vi 0 o V o- 'o co co .-i O co co O.•0 O •o•0 co .-i O O N O O.O O P 0. P N •O N N '0 •0 .-I .-1 P co V co:co co V P .-I N 0-N P •O }Q{ N p .-1 .-I aU m V Cs R ui •0 , ui V .Y 7 7-.Li 7 P d' I d' u> oi:V' V V' ` 0000.O S O O O O O:O O. w CO • o ,, 0 8 08880000000 8'e8888808s0888 888888 8 888888 cn " § 8 § §§§888888888888 § 8 §§§§8 §§8 §8 §§88 §§ 8 §§ C 5� a Z$ o 0 0 0 0 0 0 0 0 00 0 0 0 0 pp I In N ai In'In In N Iri In v In ui cos v In Iri(0 <N(0 CO v In In In Li-) In 0,- In In N: M CI In In sc v In In In In In In w CJ p Y '• _ N P N N N N N N N N P N r1 N N N CN-:T.N P P .-I < T.N CT.N P CO N P P P P .-I N N N s.N CN N O �. 0 00000000000000000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 000000 0 0.0 0 0 0 0 0 0 0 000000000 0 0 0 0 0:0 0 U U O'. O O O O O O:O O O:0 0 0 O O O 0 0 0 0 O:O O O. O O O O O . . . II) ..Cy. N: N N.N N N NN N NN N N N N N N N N N NN N N.. N N N N NNNNNNNNN N. N U R .-1 N �':N c\-I N N:V .'-I N-:V1 .-1 P.N. O'M M CO M O N O •0 0 O 00 V In M N ....... N. 0 0 0 0 ]:0 O O r1 O N O N:\ .'1 N O M .1 N:M M_N N N N N-M \ M N N O O \ .-1 N N O N M M M M O. V N .-1 N <N V1 01 N N M-.N N 01 0• N 0, 0, <N M M V-N .-I p N N WI N. CO M N. N N P •O N-N •0 0'., (N 0 0 0 0 0 0 0 0 .1 .-I 0 0 "0 O.0 .+. 000000, : 0 .-I 0 0 0'.,0 0 a .+ 0 0 <N T" 0. '... '... '... a 0., 0) 01 0 v--.w CU LL LL<IL L.L.:Lt.. U. LL O •v -0 '0-vap ziv-0wluv -00p-a0app. 6. -a.a a c a.v v v a.�-o ZI-o x x x x x a. z x x L X X 0 0 x o 0 o o. N N CO C) 01 C) C) N C) N 01 N m m m m Ul : LL LL LL 11 ll 11 c LL I.L Li: LL LL X % X X X X.X X X X X X X X X X.X L N o. P a U .}.I LL lL I.L I. LL LE LL LL LL l.L LL LT. LL LL w LL l.L r•1 Y' Y l0 O O 0- (N (N } y y` (N } N 8 8 8 } } 8 } } y co 0 P co 0 .-1 y N N P " N u � u u u u N ~ V 03 CO 0• n IN CO Ou I000 0 O 00 P Os GO P I._ O O ,i N M Z': O OO O - Z Z Z Z Z Z •�' N- L O O O O .-1 .-i ri .-i .-I Ni CV Ni CV.N oii ci.CiI- or) M ✓ O. Ct N CMN N N:N N 0 (O N N N Q p 8 8 a..� 8 00 8 8 - N- m (N M.M M V V V V V V V N In Vt •0 •0:•O OO pp pp y O. N N N N N N N N N:N N N N:N N N N 0 0 0.0 O V C O O O E....!N N O N P O O p.O N o \- m 0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 N N N N N ri- 0 N:N N . O• N N N N N N N N N-N N. N N N N N N N N N N N N N N m O •0 N N N4. O O• co, .-1 N M M 3i Cr :1, O CO (N<N <N 0 0 e�i e4 Ill.0 .1 .\-I.e-1:.-I <'0 I\-I .\-I 1 N .-1 N.N N N C M O O •0•o "N N:N N N N N N C •"1- co N M:M C\0 M M.M M .-I,M M M-M.M M M:M. � N CO 0.0 0 ON' O. O-O O 0 0.Q O 0 0 0, 0 0.0 0o 4., 52 E 000 co o �000cooco .Ho 00000 gd, o oolnuluo ^ ommino000 1 0 E O o o o o o 0 0 0 0p 0 o o o 0 O o 0 o p n In O v0 0 0 In In O O O O In 0 0 0 0 0 In O'O D m a S (Nj In N In un'N •NO ^ N co. N N N MN' M M M M Y.. V) N-.eN-I M N :N N M'.VI In N N IA •O N.N: N N < 0 O N N.C`7 C! N N:N N •0.0 V O. as 0' N. CO T. e-i 0 .-i .� CV .+ .-+ CV ri .+ O O N O O O. 00 m 0 0 0 0 CO CO CO U U a CO O O CO O O O:<N C- I- 1--.F- I-- 1.- I- I- I- I- I- 1- F-.I-- I-- I- I- I- O O ce ce ce O w w w z U O w �'., aamm co III --' -'I=i S S'LL lwi a 80 LL g 0 a $. 2.. _ o:. LL LL 0I rI O .-I:...pC:i co co co co co CO < SS.. M 2 S 2. m- . LLLL I.L. LL LL LL.. '., N N °'1' N a':Z O CO X:C C °..2 2 m �.N a 5 5 co Y j:W Cw° -: X:cc 0 Z Z'v X e:u 1M.7 -'ca. �, N O. Y.. a In u N •0 X.0- T O.y Y a a'v U U:U m CO = N > a s w wJ S OIcO Ox0 O 5 'N 2, coN,uNNNNNNNNUUCOUuu .0mm2 wr1Mu�L.I ',Co7wa'a> 2O'0'2 N o 0.: N N N N N N:.N N N N N N N N N N N CO CO VI.O O •O. a CO CO a s X a a a:a: <--1 N. CO CO:co 03 CO CO.CO CO CO..CO CO CO..OJ N N CO:.CO .y O. O O.M M N N-.In M O:O M.O.O O U V: e<l .N N N .N-I eei T. <N ( .N•1 N N .N'1 <<N eNy N N N CO :.IPn .4. M .M..I M .M-1 .M-1:.eO-1 .My .Mi=..My..M-I .M'1-.M-1.A O U •0:. e1 ey .1 e'1. .0 P P.C7• P P-P:P P.P:P P P:P P P:P':P V V.V'',.V V..d.: M C0 (N M M..M M M M.CO M.M M..C.O 0 • if .I-. O 00 e-I O C c0 P N N V yy'' :CI CON .-1 CO 0 0 0 .-I- 0, N O ."I COc0 N as V In ti CON N CON 0.. N CON CI •O 0, `Cr`Cra.,• N - as in in in •O N Vl V1 •O as Vl c1 NI- VT V C1 V 0, Os CI e1 N CO CO •O 00 00 CO IT sr CO N co..V Cr CI d NC •0 CO: N M.M M M M M M 01 N CO M M.M M el CI N N M.M M OI N:N M N N N N M.M M M:M M M. C C N : 0' o• co 0 CC o cc a w N U N 00 co y z Q a +ce cec ceacecececececece � - 1 p Lz Z ZZZZ < ZZZZZZZZ: + + + + 't y ++ + ++ + + ++ + + + + + + + , OQ ¢ Q Q v o o Qa * QaaQQaQ aQmNaMd nRA A N. i 5 � N i 2 F W - Qa N N ? 5 m m A m m A m a 0 m , a m saN Q a a 17 a Q <,a a aQ a a a a a a a a a 0 00 Nc '0 (NNNN (N NC° ( s-eCN a CO * * * * 1-10e 3 N ti .ti:N h.N.h N N N:N N so.N so CO -.u) O h so ul ,o s0 s::ul-.•O V-`O:O. '0 `O `O:b `O so `O 0 •O `O:O` s0 N:s0 P s0 C/ oe 0 ri .•+..-i:ri .-+ .ti O .-i .ti:.ti-.-i s-i .-i:.-i .ti 0 .-i O:O .-i .ti::ri .-i .ti •-,. 0' <L ,0.' 01 CO N c.:M N I, 0:0 CO 0 W `0 O V N j ul 0 O-N 'O OJ d' 0 0 a-,-(0 CO (0 `0 0 V �O .0 N CO M O O Q 0• 0` 0.0 0 0 e-, N N (N N CO.M M V O P '0 N 'O s-� O O. N-.-i ci ti .-i ci ci ti-..-' .- c. .ti.ti v. N M h ti sy • O CO Cr Cr N Cr. h M 0• 0 CO'0 Os h Cr `O N CO u) .0 ul'.0 N Cr 0..` M `O ' N. I'` CO O c-1 N N'.CO Cr. 0 u1 ul N N O. •O N 0. `O h N N N N N N:C) c`] M (''> CI (") M M O O:O e1 e, e,:(NI N WO . u1 co 0:0 -O 0-:0 ut 0 0 0.0 co O. 91 0 ,400c0000 0- N N (0 0 '0 0 0 Cr `0 0 O M h M h- N N N in N CO. (0 O N CO CO (0 N (0 co M I, `.0OO O ch ' 0 O. N 01:Cr.fi ',0 'ADN O O .+ O .4 O O O O OO e-i O .4 .4- O ',2, N O N '0 .-, O:.O M a Q d• cu O O O'.O O O O O O'.0 0 0 0 O : 8. O O'.O O C O'.O O 00' 0 o Ln:o Ln O O 8 0 0 0 0 0 0 o sr; O O 9n O co O O o co c•€ t0 p O N.O N!o o O o o O pO O O O to O O-.h O ..4 O O O Q 0 > 0 0"N.ul '0 (0 O (n 0 0 (0 O (n O O. NI O N O v0 N (n •0 O s,y in Os O a,..-+ h WI CO O CO CO ul M 0 h M .0 s-1 0;e, V N h V 0C 11 Cr'a c`i Ln `O:h-.O O ,-( O N a4.. N (N 0. (. M:O O M N'.N N: in V e, sr, O O •O 00s Cr. CO N e,;CO N 0 CO CO:.O I, 0N CO '0 Ls.u1 p j0 ul ul N ul N V.sO CO CO CI 'Cr Cl. Cr Cl:kil O, 0. 0, CO •O `O •0 CO C. oo 2 V V V--.C 7 'a N V a a 7 V V V 7 : ( a .-1 N V M V ( V M. : N Ul N , 000 N P N .-I 0. 0 V. Vly 80. 88Vh 88eN 11 �' 888h�o M8 ., 'O '0O' a0 , �, ' pp e, . O .-0 O OQ `O O N N . 0 p a 00 N CO s-, d 0 .--I h .-N -I 03 `0 ONO 0 0 0 N .--0 V 0 0 O v1 so O 00 O.h h cos N 0. N 0. O 0 N M 0 000000 O '0 M h IN O O •O O ^ 00:ul O N N V:O •0 CO Y oQoQ N O QQ h QQ pN•O CO QQ N so-1 pp M N.O CO V' d' M 0 (0 0 O '0 (0 00 ' °' 000N N N Cr M .OM `O. Q Os s0 Ln Os as 0. O O Os 0• Os 0.0 0. '. m ..r V-V Lc cr.N M ci V' Lai':ul ul eY v1 ul M ul N:N Cr' M V s0 V' V m 00._ -( Cc) N (1 MI Ce 0) 0) m ' 0 888888888888888 • 88888888 8 ci 0 " t 888888800000088 o 00000088 8 ,'�, c >' 00 o0000000.00000 ,6 00000000 8 0. m = ut u1 •c' ul V N M Le,-Ln Lci VI-N N:ul ul M ul:N N ul M:Ln s0 u1 V co co u- : •-I M 01 N O L Y '0 s-1 s-( N N s•, V. H e. e. e, s-' s-( e, N 0 0 0. N s( '0 N N U U N. N N N.N N N'N N N N.NNN.N N N N aa-, N N N N N VI 0 0 O:O O O O O O O O O O O O 00000000 . : 0) =:Y N N N-\ N N'N N N N.N N N:N N j N N_N N N NN N N 0 R Cr V 0 0 d' •O " 1n O co 0 •O Imo:O , O- .\,.•0 Cr O N si N >0 .-1 sti CO N sti '0 T. N N .-0 N .-1-:.CO 0 N N c1 N M 0 .ti N O. s0 V1 CV uY (N `..0 c, '0 c\1 '0•0 0 •0 N (N I N:01 e, Cr CA CO O. 0 0 -( 0 0 0 0 0 0 0 0 0 0 .-• O 0 0 e, 0 0 '0 0 0 ( v v.y y m w aai 0) �'.'Os v u w: w -c w •v j x x x x X'x x x x x x x x v ) x Z. IL Z jy L L I 1is: lL Z. LT. W., Z LL LL Ls. LL O v 0 0 •-. 0C3 0 0 0 0 0 v.0 . U d,r V U v-o v. O x 0 0 0 0. 0 0 0 0 0 0' x.. 0 2: I 0 0-X 0 0 u. X x 2t± 2222222272S2v 22i1 , 2iL LL LL `O 0, V •0 M-O O` '.0 CA Cr h P N ' COM .a Z z Z Z zZ Z Z z Z Z MZ Z F Z Z `�z 2 I- Ts h. un N u}t:s}. eY, Y M 0. 0 M.N u}l N tr, N I y CO eY.,-::N y N.N N F_ y. V NO h..CO Os �..a, N CO M:V `0 �'N CO 'V N 00 0 r.9.. M O:O ON 2 ui Q fV ^ N:N N V-:.�M V M M M h:M M: : C O O N .~�� (V N h 0 OD '• N e, NN N 1" N N N N..N N ~:N N- 00 N M0 N V e,:N0 f0 U O `0 O O O N:O O O O O O b O O Q O N O N P. 0 0 N Q O, N N N O-N N N N N N 0 N N N O.p N 0 Oos ^p Q 0 ❑. _. CO N cam, 0 CO N N ,._. ., N N.O N O.0 O = ' N__O 0 O CI 0...O Q 0 0 a 0 0 0 0:O 00000000. ',, 0 0 V p o O Oa CO v12oo 2vl0000 _Jg1n 8 L. . Qg2 •NO Z 0,1 03 � g . (0 (0 (n w e LL Ln ohi ! a 8'o 0 86 m O u' ., O '0 O O O O O.O ., e, ti N (•j- 0 a m CO CO CO m a CO m CO m CO CO CO a m m N N `0 CO CO J P M.0 N CI M CO (Mi) '0 Z 0'w 0' w >-ce -9 X 6. '0 P' 0 O. C7 V (n 0 ,- a N z z w LL h 'n O Z U a I N u, 2 0 a 2 a2.a Y Y Y --. 220'Ct M = NO = O: N IN 7 aLIaaa < O7 co -, O M aaaaaaaa ' `O0. 8 U 0 0-0 0 0 0 u1 0 0 0..O 0 0-0 0 00 c•).`O •0 01 �'N eV, ei M eM, T.CI M .M, M',.M-'-' r..CO CO e, ,0 e'•i .M-+.eM, 4M-' (N M:..Cr N �:a u0s1 ( a, U � CO CO M CO M:M CO CO CO:M M M'CO M' � 0 00.:N •O D` ." � P'. 0 Q y O too 0, u1 h 0 s-' CO O ., N C) C) N h s0 CI ‘.0p (0 N C) '0 N 121 v N as C N M N:Cr N '0 M.c. N N N.CI co.V ul: e, 0:0 Ill N Cr N h d N { C M M M M M M'.M M M M CO CO:CO CO CO'. CO CO M M M CO M CO C 00 0 3 V V' C `Cr V V V V-V Cr V V:V V V V V:V V V VVV > C N ( uCe 0 O t Q _.�_ : _ :CO o N Os C. Ol 0 Cd Q ,,,t4vEsr, ,'. State of California w PP�IA Pooled Money Investment Account 0. . Market Valuation s, 40 9/30/2022 as a s ,a '4- 1, .a:F a !a a s -*...E:..�- e United States Treasury: Bills $ 46,457,160,163.94 $ 46,657,126,553.35 $ 46,514,062,000.00 NA Notes $ 101,947,915,596.75 $ 101,931,736,332.18 $ 98,369,732,500.00 $ 237,324,054.50 Federal Agency: SBA $ 334,748,643.50 $ 334,663,003.17 $ 335,043,755.16 $ 569,406.02 MBS-REMICs $ 3,916,682.58 $ 3,916,682.58 $ 3,897,852.17 $ 17,633.20 Debentures $ 8,593,591,055.03 $ 8,592,721,013.39 $ 8,353,930,850.00 $ 19,156,465.50 Debentures FR $ - $ - $ - $ - Debentures CL $ 2,650,000,000.00 $ 2,650,000,000.00 $ 2,574,109,000.00 $ 18,005,248.00 Discount Notes $ 30,277,339,791.63 $ 30,410,365,854.03 $ 30,310,774,000.00 NA Supranational Debentures $ 2,229,190,558.99 $ 2,229,010,003.43 $ 2,133,180,400.00 $ 7,597,861.50 Supranational Debentures FR $ - $ - $ - $ - CDs and YCDs FR $ - $ - $ - $ - Bank Notes $ 100,000,000.00 $ 100,000,000.00 $ 99,780,349.59 $ 775,000.00 CDs and YCDs $ 14,260,000,000.00 $ 14,260,000,000.00 $ 14,229,806,876.24 $ 76,472,855.58 Commercial Paper $ 10,239,348,756.91 $ 10,295,023,243.07 $ 10,275,778,388.91 NA Corporate: Bonds FR $ - $ - $ - $ - Bonds $ 481,185,800.06 $ 481,129,063.95 $ 451,006,190.00 $ 2,646,445.75 Repurchase Agreements $ - $ - $ - $ - Reverse Repurchase $ - $ - $ - $ - Time Deposits $ 4,909,000,000.00 $ 4,909,000,000.00 $ 4,909,000,000.00 NA PMIA&GF Loans $ 367,981,000.00 $ 367,981,000.00 $ 367,981,000.00 NA TOTAL $ 222,851,378,049.39 $ 223,222,672,749.15 $ 218,928,083,162.07 $ 362,564,970.05 Fair Value Including Accrued Interest $ 219,290,648,132.12 Repurchase Agreements,Time Deposits, PMIA&General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value(carrying cost). The value of each participating dollar equals the fair value divided by the amortized cost (0.980760962). As an example: if an agency has an account balance of$20,000,000.00, then the agency would report its participation in the LAIF valued at$19,615,219.23 or$20,000,000.00 x 0.980760962. 43 Statement of Cash Receipts and Disbursements and + Summary of Cash by Fund Fa Finance Department fs� September 2022 Cash Receipts and Disbursements August 2022 September 2022 Receipts General Fund Property Tax $ 138,981 $ 1,068,070 Local Sales Tax 4,208,390 4,187,866 Public Safety Sales Tax 300,569 245,526 Transient Occupancy Tax(TOT) 2,126,743 1,817,586 Utility Users Tax(UUT) 1,835,214 1,935,246 Other Revenue 8,639,102 4,834,163 Total General Fund Revenue 17,249,000 14,088,457 Total All Other Funds Revenue 12,344,326 20,272,775 Total Receipts $ 29,593,326 $ 34,361,232 Disbursements General Fund Personnel Services (12,449,357) (10,165,158) Operating Expenses (3,726,828) (4,949,218) Capital Expenditures - (176) Non-Operating Expenses (797,912) (4,208) Total General Fund Disbursements (16,974,097) (15,118,761) Total All Other Funds Disbursements (16,302,285) (18,454,372) Total Disbursements (33,276,382) (33,573,133) Net Change in Cash Flow $ (3,683,057) $ 788,099 Summary of Cash by Fund August 2022 September 2022 General Fund $ 71,717,017 $ 70,686,712 General Fund Other 6,485,480 6,430,278 Capital Projects Funds 33,315,475 33,180,578 Debt Service Funds 23,128,850 23,257,914 Enterprise Funds 79,468,117 80,157,399 Trust and Agency Funds 5,918,165 5,745,625 Internal Service Funds 32,416,315 31,219,568 Special Revenue Funds 63,035,338 65,594,781 General Ledger Cash Balances * $ 315,484,757 $ 316,272,855 Total cash will differ from investment portfolio total due to outstanding checks and/or other timing differences. Note: Above information was obtained from the City's accounting system records.The above information includes receipts from maturing investments and payments for purchased investments in the city investment portfolio.This statement is prepared in compliance with the City's Charter. 44 c C .1 N CI us co co Ip;6 ... N CIa N. O 1'- C U. •c ff Z .-I N p' N W p' U W 2 m c to to -ra 0 v 1a C A H N C N : U N O O. R u O. A. ri L U 0 E 0 Q E ,U Q c 0. F L. H u Ya a N a o ti N ON E O O M .. b N '' - LL 0 . 1 p c 0 0 0 0 O 0 v:1 c 'A 0]V O U:4 c O I `_2 a I -o c NI p vOs A 3 O a). co M 8 N N N N P �L �1 ?. O n 0i ao O '' 1< 3 n m v `* a) c� 1,Nj l >To m N m N a' N Q' .4 r� m N E v U 1 :: v . o ri ri CI CO N e°`. g ri T N r) n N. 1n a) OI O L0 co.. oo r) V r0)' N ., puss co O '•1 N L R as.. ^ a O. NA to to L C C as O 4NR b.4 V^4 NM t.A W OC 7 m :fl a3 E c -= E .97 v `o E o -o uu E.>_ X c X� 1n c v E `° I �� li e °ae 8 0' . .E G v 7 0 .O aJ 0 C R 0 Zr .Np N -. N p• t. c tL m • C. a) E c:a c c I °.. >a ri ri N a` y r 8 a c—0 E 4 co c - 0- ',p—. a ^•- N 00 W Z 8 Q "O U) •U Ti~Y > m U. Ol v C w::N N co C 0. 0 m i N N yy _ .. 'C V T N T '� O N .sa, `� CO'' o )-el O N n r) c,)) oo '0 1 in Q it, coN ." a ' et co v ..c.- '"1 co0 Z in _c: a) U 0'B 1 Y C) c., .N, c c--, 0'. C O a) 2 411 m N d. N P P7 V p C_ L`1•- a N 1 fR M 1oR ,R M H4 fh C U >' 10 1 < +� I- m O N r m N co � a � . ' r .p 8 N �. c c t 0 > U 1= o a E 088g8 g N: to in Y 7 O ° ° N N '" o °° . 2 m § QQ$ QQ$ $ $ g (h fR W C - a V C > O O N -F �': O �, 16 . _ A M $ N 'O N E .Y� O IU a). a N 00 a a' C 0 Z' m R N N 1� N M r) 0 E OU O•6p M tn. W y# +R O V) 7 C _c oo O vi m E �o 'E I �--� N C C V d L R 7 c 0. = m E ca o t_ 0 t7 1p •C {y. ! c O N E • i �.. W E .+ 0] T. 'V LO.� 1. tC x �u W a) Y c c _ N-o ' 1 ^ sj- p N v, c X a vc m N• > d ai vc o n0 v ;R ,a H y O dc 1 0:1 u 'c 10 ti 1-4 eg z LL > w g 3 c w 0 a CO , o E H A Q c UI < m c o — v v E ° E ui a •vi a .° .-1 e, N V v, a e-1 ch N N ''00 8 '4 a 8 O N. N C m vi CO O 1n O O NIiiu1 • 0 N. N N '0 N. ul f0') }N} ey N. 'p N 'p n O L LL M 1p a0 N as P N n O coi N m v H O V 00O ` , a > 0 U 8 CN .V > Y v ........... _. ...._.............. p c O t' u p s w +.. 0 0 Q m p .. 1a v as m = > a sZ a ' H ! — '0 U ai co 0- 0 a !'... E� Z Z Z Q i o O ON:;c0 C- d. 0 C) O I� I) 0,LO CO O V N 1 c r1 N 41 CO o v > N N 00 c 0 40 2. �O.OOay NN N. 0 QA m 0 N d' m N O N N ,o, 0> N O sO O .-� j I� M o 5 03 N a. v ce co 7 131 U C C a) L.O n 0 Q§ CNI N> n..`...0: .p coO t `O O N- M � 8N 0 O. •o 0 f6 = N N V V V o. a a F (.7 J N O I I O o a a v o ",�'g' o as a Iq' a 0 N " N 0 00• w C m 0 SSa 03 0 a N ¢ C 0 No ..............._... a a M 0 a a 0 a .) U N 0o O i.i. LLiiilii ZZZZ Z Z Z Z Z Z. t a �' + + + `+ + +'+ `+ + + + + + + + +.N+ +'+ + ++ + + + + + + +,+ + 0 < 111Q1a1a111111 it it � � � �� � a � Q � � � a � a. > is m.is rs m to (0 tO ia;m m i0 (0 is tO m.m.. m ra �.m m m' m m m m ra m. m to m m-. m m. g C. a 1 ¢1 a a ,,a c .'a ¢ Qm Qia a a", a a" a" a a" a,' a a a a a .2 ,2 a ¢ a a a a a 0 a'o * Ne 0' * o NN N° to C) Ne ' '0 Ne to Ne N° C N a * ' to -c o I f * N° ' C) 0 o Ne '0 ' C) '0 to t Ne Net "0 a � ,0 ,0N ,0N toot Ntoc' cc) -0 o -o . M88so .08 .0 O ,', c+ O C) .i C) N ri -i .-i ri .-I .I .-+-..-', .-i .-C O:..ti N _-i C) ri-'.-t c-i .-� p. ci .2. ,i N .-t .-t .-4 .-+..a-t .ti C a-'. ,i .-i a G 2Z. ( O 0, P N - M rO N M ...0 V1 I� c-. .-1 1-1 H , vO P .1 t., O O O e-1N N NCO CO Cl M `O `O tO 0, 0, .-. `O 0, 0 0 0 K V d' N d' N O ey N CO NOJcoP 0, IN 01 .O N `O .O `O 0 .-1 C.) (2) 0) •O •O ..0 N N N iI1c :.- .- .-I-.-I .-i , .1 N N N N N C) u1 •O N N N N c0 Q r.O 0: P O O CO N N..O •O Ot s1 P •O V u1 O N N ,0 CO V V N O,'.. N CO 01 N CO CO P N C) V M M'.M 00 Nto O: V 0 P P N N:CO CO. CO O O CO 0• CO CO CO CO: CO P O,-.CO O M'. O:N N N N N Cr, V-N P O O O.N > O 0 0 0 0 .-I .+ .I .-I .y N N (V hi (4 Ci M M 0 0 .-i c•l CO CO O.O O O O O O ti ti .-1 N N N N W Cl Y O V ,:.-I M O N aO vl O to 0 u) 1n CO O 0-. O .-1 CM N 0 MO M .-1 O N 1n 0 0 0 O O Op O O- .--i: N 0, 0 CI -0 N 0, V 0, N .I CO 0 1n Os CO N N N.N 1-1 N 0 V) V O u1 c•O `O M N 0 0 0 S O o 2 V u) N P P N V O u) N u) P •0 N .-1 P CO N N N V' 1n N CO .-1.Vt N N V; 7 V N P O O u1 OO t 1. m.Y .ti .. O O O N N'....-i .-+• •N',.-1 O 0'.O'.-1 O 0 , N• N O O.O O .-1:N N (V N N N N.:0 .21 10..-1 -1 O' 000000 c0000000c00000 7 O S O O:O O O O.O O O O O O O.O O O_O 8 O O O O O O 8 0'0 0 0 0 0 0 0 0 0 0 0.O 0. O 0 0 0 0 0 O 0 0 0 0 0 0 O:0 0 0 0 0�0 0 0 O.O pp O $ O'0 0 0 0 0 0 0 0 0 0 0 0 O ? O. $ 1n O.._O 0 N 0-.0 V 1n 0 V 0 tn.u1 ut-O.0 O Co. 0:to O 1n 01'.1n to P V V .n 0) O co u) 0...0.0. co co M:•O O 1n N .--,CO N N CO .-1 P:O.M CO O V' •- O O sp. N OO N .O •0 .-1 R .-) .-. .-I 0) P O O N-N •O N Nam'. N V p.O•O N .-7 cV V'r-:V 00 ri O:V•O c-oo �0 4.+V Ci O<4. N. o:'.O`P a-1 O O M .-I•c0 P ui u)'..ul:•O 7 co co N 8'ul P co N..V N P O N u)..V P co S O N N O:C) V 0 ul 0:V) N Lc, 0' N •O O.V C) N V'.V M.. N. P. 0, P P.co CO N CO CO CO CO CO CO u1 V CO V;.P u) .. P P CO..u) V) u)- M 0' P P 0.0' P P P.N N .0 r, N •0'. V V' N V V' V •O V-V ri VI V N V V V V V n ri V V V V V N N V V •O N:N V V V M V V:V V. j . .y co 00 V M N M M M P .I N P (O N •O C 0 N ..1 O M 0 N VV-� N .y S S N uW NW.'+ PV `ON N S S S S S SNN rCD N CO (h b N O 0, 0) CO Cr, •O O, N N ."I V P] N N 00 N V) (4 C N V V 0 ui M N N P M .1 C cy •O C) .+ O00OVcr.:,ri O O V M O P C7 O O pO O > N IZ's P V NNWO O N N C) O tC 0 0:M d. CO N CC-1 ' m uC) V- uC):O M V N. O CO n O O O O.8 O co c.i Ci V O r)co O Ci .-I N:O s h co ,i N ul •O .y. O .-1 4 O O N m 8 8 CO"N 4 N�0. .r 8 OQ 8 8 8 8 O. 0' a OP. O'.o0• O CO O`n•;O O O-,OP. C a._ ON._N OM•.0. m.. 0` O O O N O. O. 0 O:O O O S S O S O O O O O O t j. m V' ,i cV ul• 7 ui•O 7.u) 4 1Cf V' M V' cf u) V' P."t ^ 7 ui u). V' y N Cj:ui ui I:C7 M ui ui ui V'ui ui'0 L5 O -C a CC co ' o a, 8 8 88888888888888888 8 888888 $ 88888888888888 2 C i > d q 88888888888888800 8 OO888a 8 8,8888088888588 aS a 8 $ 88,§ §§§§§§ §§§§§§§§ 8 888888 § 88888888888888 , m = u1 Vi M ul V1 u N C) u V t0 u M u u1 u) u) .4'..u) C:. V' u) t0 to u) trl- 0' M:u1 u) N M M ul Lri ul 7 u) tO u) ul N .4- '}1 LL Z._ N- P N N N N N N N N 0, .1 .-I .I .+ .-I .I C) cr. O. ) .-I .1 .1 ' N 0, CO N P 0, 0, 0, .Iv-, v., .I .1 .1 N N .1 N N N N N N N N .-I N N N N N N N .-I 1-1 N N N N N:.1 el N .1 .1 .+ .-1-N N N N N N u U u1 0 CCCCCCCCCCCCCCCCC CCCCCC CCCCCCCCCCCCCC ai N VN.N N N N-.N N N N'.:N N N''.'..N N N N N N'..N.N N N N'..N N N N:N N N N N N N N N N N N N n N . NNV .rN1 .+ O• ;:. O o M NC7mriOO P •O 0 Os CO V tO CO CO N O 0'.0 0 O O O 0 N O N ` . N O N . N M M N N' N N N M \ M O N N O 0 .-1 .-1 N N O N M M M N. n. N .-1 N !n1 V) .-I N c`O N N N O N O• P r1 co co N N V in N N IA M 0) 0) tO N N •O N N '0 ,1 O O O.O.O'',O O O.:.I .1 O,.0:C 0',.0.C'. 000000, '., O:O .+ O O'...O.O 0-:.+ .I O .1:.C 0 tO 0 x c.0 0 x 0 B a a'.a'a 0 a-.23 v-w y 2;0 0 0 Cr. Cr' 0 -. ao-c a��a�va a'�c z:a a, ar 0 0 to a) 0 0) 0 x x x m 0 a) 0 a, a) 0 0 I. a,'. 0 0 0', 0 0 a, a, a, X x x X X p x'. X X X X O O O O o'. O ` x x x x x x x x x x x x x x LL 1- M- ii •u= f i�'ii LL it Li-. 2 2 g 2,2 g P T. LL lL L. li u. t.L 11 Li_ l.L L.L It t% iL U. U. LA..-.i.L P } } :N N P P P P } } }` } N } } } } 0 0 } 0 P P P P P C. OO p 0' >`'' }` }` }` }` } t0 j } } } }` } j.}` o m 0. P P C) N y p N ^ ^ O m O . 0 N O O O O H P .. .+ O M M .+ .+ ut co I� .+ O O .-1 O O p. U O O ,y U U U U:U U G N. Q Cr, P 0 a) 00'.P P 0 o .-1 P O.O P O O N. O O �.N r7 Z. O..O O,O �--�'.._Z Z Z Z.Z Z. N: 0) O O:0 .: .-1 .-1 ,ii .+ .+:N <`i r.i r) C')c_i V V ._0 M M M ✓ O GL 1 `. N. cc8 N N N } 10 N c8.! N '04 O O `r 8 c}V P 00 CO 0 M N. N M M:M M V •7.V V V.V V N u).u) •O •O.•O OO O �. N N:N N N N N N N.N N N N N N N:N 0 ,‘",'2, 0 0 0 V. C O O O O N N N O 00 P O O O.CO 0 0 0 0 0 0 0 0 0 0 0 O.O:O O O O ♦ N N N . N O N N N N N N (siM m , P P cam+ N' csi O N N N N .1 N N N N N N cc,,,' N.N N N.N N.. O `O N 00 00 C P.O P O .. .1 ). M O Q1 c-1 a-1 .-1 O O .-1 .-I tll.O .1 .1-.+:.-i .-1 .i .-i a) N •• N N N N_ : C O M O O `O •O - N N N N..N N 10 ""1- 0) N CO:CO CO CO CO'..CO M .-1'..('M CO CO CO CO M CO.CO It; N C) C7 N O O- ( 0 u1 .O •O O O 8 CO 0 0 0 0 0 0 U R. E N N N C) •O •O.1- N C0- 0' O N.CO C) N� �:C) vi O O O O C) N: O. 0.O O O O O u) O'N N N N N N.. o O: E O 0..0 O O O.O O O:O .)+ 0:0.0 O 0'0 O 0 ut O t a C to N N'N •o (n o' 0 S O to (n O S2 0 O .1 S 8 O o o to O o N o'O._ g N 0 N ' 8 0 0 N o N co O,N N o 0 0'0 Y' u) N:.N-1 M IN N �S N N (`vl N'l u) V) N:N-N ,0 N..�: N N sy 0 O N: cy c•1 M N U....U N N.O O O O O .1. m- ati c+:.O .-. .-i c•l cti .+ c l'..i .-+ O O N O O O m m O Q O O co-.0] 0O 0] Q co ,_ I-. H 1- I-- F- I F- I- I-, f- I.-..F. F- F- I_ F- 0 0 Ce K 0_' NO -.J J J -' z u- 04 S S S S S Q Q m m m .O. u. LL LL u =.S LL..LL 0" 0 u) O O L. �_ .0 CD CO CO 03 CO CO J J JJ.J --I - m U_ U. U. U. U. U. N N No CO 10, Z In CO X CO CON N = 2 m 0:N d. ? X } C. W f J. � X OC o Z.Z V X.V 0 d u1-.u).': CA m Y 0. V) O N .p X } } 0 } } Q V U.U U 00 m = N U. (a 7 W W c _ o M X o:c 7 •� .4 030vCO000C) CCOCC0UC) 00U � 3 .00oao2 OLLMMQ . ( 0 0.0'CI 2 a..O 2 00 , NNNNNNNNNNNNN CO00 O M < LuLu Opa CV^ co C)_OC) C) co co cO co m co N C) W coC) co N0 MM u1MOOpOV N N. NNN - NN NNN .N .1NNN N ,n CO MNMMMMMMM.MM a H .-I .O .-1 .-1 .-1 .-1 .-1 . . i .-1 Le, - VLn .-1 .-I ..I .-1 .4, .-1 .- .r n .-1 .-1 .-I 0, 0, 0, P 0, P 0, 0, 0, 0, 0. 0, 0" P 0, 0. P V V V V d. M (..) CO CO M V) CI CI C) C) CI V) C) M Cr) O to co •t C M O. N N V' V O M co .-I N 0 0 0 .-1 .>1 OsN 0 .-4 CO CO Os V' N u) .1 CO N:.CO OsN QO V' .O •O 0, V' 0 CD CV Lc) P• u).u) N .O N:ul u) .O:P V) 0) V' >0 V' M.V: es 0, N.C.) .-. N. •O.CO CO •O CO CO CO 0.V Q M V:V' o, d N C, CM N Cn-M Cn M M M M M:N M M M-.CI M M:M N N M C) M M M N N C' N N N N M M M M M M C C C. a V• et V V V V a V•.V• V V V V V V- •Ch V 'Cr V• 'I' V V Cr V V V V• V V V V V a V'V V O 0 CA u cc L. .%-N Q 0 vco 0. w ceo N U aJ on p 3. Z .Z Z Z Z, Z Z ZZ Z ZZ Z' Z QIQ +a Q,\ - m t a. ++Q + ++Q:q+q + Q+Q + ++Q Q+Q Q+Q Q+Q q+ q+ + q+. `+`+ . CO+ a + Q a v or o ! 0 Q 1 0 0 0 Q 1 Q Q QQ V Q Q 4 ? ., Q N a d A2Rmm ii2mimiy mQ N M a, Q bs " a' " s "` c00 .-1 N Q Q aaa¢ ;a ¢ a a a a a'a a a'a a a 0 0- ae ae ae a ae ae 3e ;e a° ?: ,° ae ae ae gam, ae ae * a.° oe a, .e o. •O ul a `O e" -O O 'O -O -O.so 'O <N so so N NN:N. V (:4 O : e4 N `0 .0 In )0"0 -0 O "O •O •o •o "O "0 "0 "O "O .0 0". "0 CO "0 O O, °E 0 <N ,ei.ei e ei <N-:e" e, e, a":. ..-4 <N-N -N <N1 Ln .-( 0 0 .-i <N .ti ni 0 ni a i•.r-' 0 CI CO N <N C) N N 4 O 0 0 co 'o :O 0 74 N CO Lc, P <N N. V) CI a:N "000 Os CO a .O 1n N CO M .O N N P 0 0 0 O <N e, NN c N CM CO CO aCO 1-1 < C`, 0O 0 N'0' 0 el'el ei e♦el ei ele-i c-i e-i e-i .-i ri e-i. el 0)C O '0 TN COO'N e ,r,N CO O N CO 0, .0 a a u.O N N l CO CO e-, W` a:N. N co co a.:.-1 N CO CO M N .O 4 'O- M co N CO 0' N N N:N N (V ni CO Ci M M M M C) C') M, O O e-1 e1 .-i .ti N W.Cl. .a Ln N 0 0 ,0 00 ,0 0 0 0 0 M P ut 0 ,4000000 . N N <N 0 eti 0 0 a •0:01 0 coN co n N N N N. 1n NCO.e, 0 v NCO O ul ut <n ul co 0 M CO N O N <N P CO m.7- 0 0 .+'.O O O O O O:O.-+ ' r-1 O'ri .+' O .-i N ,, O O'.cn a. on.;: 8 0 0.O 0 P O ,. '..O N 0 0 0 0 0'O O O O O'O O O.O O. 1n O O vl O N O O cV m 0 0 N. m 0 0 0 0 0.O 0 0 0 O'. co O O'.If O O O.O H 00 ul to N 1n 'O 0 a) � ul ul-.O ul:uN 1n'. V' uN �:.ul 1n b 0..,., - 0 u1. C) NI n oc -4) •o ul N CO CO 8 O.•0 CO O 1n co co .-a O' N O •o N'.o;0-•o.N I. P N<N ai N'vi<N N r vi:•0 <N•O Imo.O: < N. (5 N P CO:03 P N N CO O N..e-1 CO N'.P '0 0 CO P 00 0') N P CO Q OO N: •0 ul M--N N ul 1. v: V V VI ul Vl u1 `O P P CO.I. N."0.P Q. •� g a a a a a a N a a a a a a a , N a e-i-.. a Ci a Ln 0• '0 N N N e-1C0 a 8 Pa 8 8 •0,O 8 m CN. a 8 8 8 W N 8 Ln a N'o 8 N A •vO O 1 N ao-: ul N O a N ' 0 0 0 M N NO N N 0 P a NN cc:. NSa8o -( 0mN0000O0 N <NPO `O . aO uj MOO (l O <N `D M O O O N. NO ...j vl N ut ul 0_O' '0 r 0 NOo .OpN -0 O ooO^ 01 8N N Ncc:4aOO 0, 00 P KOl Q I. Q p P 0, 0 Q p P . O.O P 0, O. P O t m, ui a V Li a ul C] a a 4 Lei N a Lri N CC') ul N N T) CO V•O P n 0.L e.1 N N N N Ce N a) m 0 5) 888880S88.8S 888 8• 8858888 8 8 2 00 888885888888888' 0 8888888 8 ,,, c > 000000000000000 (n 0.0:00.0O. 0 0, lc V' c ea 8FgN §M V1§ §V1 ul 8 8 § § 8 § csiN §§ N § b §§ >• 0 a 0 -0 ul O :0 O N co co `0_ m CO = I... Vl ui or u a ul l Li 4L 'l <N peJ 4 N N 4.0 l CO-u l,.O 0. N. ,-1 N N C .1.+ e-1 a-1 e, < N <N N e" r1 a-4 H T. V. el N 0-0 P N e, e,:N I 7 I a) N N N N N N:N N N N N N.N N N N N.e, N N N.N U 0 15 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Q J ea a) N N N N N N N N N N:N N.N.N N N:N-N N N N N VR a s O'.u\'1 .0:.-1 ul 0 O •O'.N. 0 Imo'. a-:<N '0 Tr 0 N-:.-4 ,-0 .-1 e-1 CO N <N:el .-4 N N e, N e-1 CO 0 N N .-1 N M 0 .-1 CL •0 11 N'.1n M .O-<-1 .\-1 .-1 <N .O 4l •O N N'. '7-N-CV <N N-.CO O 0 ,':0 0 0 0 0 0 0:0 0.0.e, 0 0 0 e, 0 0 <N 0 el v 0 y',N N N N.W N N W a) N x X X X X X X x N X. X Li: 11 LL LL Li: LL it: EL' Li: Li: ll :ll tl I.1. LL LL a `aax0f0aaaaa a.. u . u �� O v 0 0 e, 0 D O O 00 0:0 0 Uj U'B U U b X o 0 0 0 0 0 0 00 0 x 0 g 0. 0 X o a X X ' 2 `i 2 E 2 2 2 2 2 2 2 2 LL 2 M 2 E ii 2 2 i LL CV NI' 0' 0- <N MI V. '0 0 P .M-1 � Y OP• M V; ^ •a 0; } } C O N O N <N 0 N ei et ei O N ^ 0 N I, M o::co P ., ch 0 m C U v U'O U.U U U U U'U O O U: U U 0 U N O P O p Z Z'.Z Z Z Z Z Z Z Z Z Z Z 1_ Z Z:v Z Z N N I.. h Y H M N.M.O O`..a � N 0' '1-1 0 M N M M. y I}. 1-.M T �, N.N fZ.. H. VI 0:CO P 0. 0 N CO M a (l N N OO 0 M P N I. , O O U N.n Ni N N.M M C) CI CC)' C),C-1 M " C O O.. ....�i N,..N a)a. C VI •"1 ul Vl ul.ul <N -O •O b -O •O e, •o -O: aC co M ti ca`! eM,'.\ fa 'O N N:N N N N N N N N N N N: N O O n 0 O O,O O O O OHO O 0p 0 O Q O (54 ON N,P IN a =: U N O N N N N N N N N N N O N N VI N N N O O aJ a 00 O vl co d N, vl O m a S. ON:O N. j " NO-1 :if-:0 .a-1 0 $....Q 0 V) .-I <N• CI N N'., ,' e, N N 0 N N CO O N Oa' U M O .O n 00.a '" N .-I o M Ln O .O 0 0 O -0 CO 0 O Q O O O O:e" O O O O O ca 0 0 O p 7 0 n O a � � � 888'2 � oggoJ'18 � 8o '^ 19pQ2 .o Z.N-:CO •0..._N VI ul ul Le)co O LL ul M a 0..0 ul O U m: O LL'a",O r-i'O.O O O O O ri :ei a". (.4 c•j' Q d' m OO 0 0 0 < 00 0 0 0 co moo 1 N J -I J --I J.2 J J J-J J J -a 0- m: O CO U U. LL u u_ U LL U LL LL U U. LL < Z O N N `NO Cl {U J Os <N N M NCO (M > Z <N W N W'..>:ce .- X •a:.N CV O CI: Q• ul O F O•:N Z Z 7.uJ LL IN Vl O Z O Q =.N Y •,�. a:2 O'2 Q Y Y Y.J 1..2 O.O•.' cN 2 N. Q =.cc al 8. CO N U. 00 .Ui 00 00 0 00 , 00 0 TC 00 00 00 0 0 0 W cn •43 ..0 v<i e,-N C, CI Cl M M c-, C) CI 09 M C) cn M:C) CO N co at 0 e, P 0' 0. e, e, .-+:e, a":r,.e-I .-1 e-I .-1:' er .-1 .ti e-1. M 0 vl IN <N Cr vl Q) CNI M CO M C):M.C) CM M M CI M M:(,) M 0 P:N -O O. r1 a O ,.+ m 0 L C N P Vl N O e, CO O e, N.(") O N NN .O: ,,Ci 8 Vl ul 'C N a) N M N a N -O C) e, N N N CI N a) a N e, O 8 u N a N d N =: co) M M a) M M ea M CI M M CO-CO M ea M-M C7 M CI C)'CI C 000 0 a a a a a a a a a a'a,a a a a a'a a s av v O C_ N U. cc a\-I l Q _ _...._._. O CI ao 0. N cc O cc U aJ 0o o f6 a w Q t 0 a I ON O. 8 aS " o '4g8 C O',p T I N. O 0 o o,,^ V O po u , n T O m d U Q' O co "i P - ri CO 4. aA °yF a) O mc O L " NU � v m -0 p C Q d m c 1- — il .di. N N N N Q O O O 0 N ` N N O u NLn f6 i .j. .may O N: N. COCe ( u CO CO CO CO ? O Q O O O O OD u c t tri (-)CO E t 5 O O coo 1 N c a a Q. T. E T 0 c h 1 N O +. cc c ;. O g° ' J— CL 0 0 0 c c c,. l Q 4 O O-0 c' U' i a_ 00 3 C r-I I-I '-I M j000 0 > 000 0 0 Q ......... ....... ... .:............ 0 N DO N 0. a) -o ai 0 io d CV N 0 OD 0 co0 CC CC o 0.1 CO aJ U mo o a O M c") O a :1 2$ rn a o 0' r ci ooa a N a0 W C O M C) N O;oo.: ct- 2 N N1 U I 88 8 • 8 8 8 C: 0..-i , ei 0 io Mu, ; co 8'8', 8 § Q' > O Q a 0 o g NO a IN NN. u OOo E �: o �� Q c o m CO a o 0 o m a aC C N N E C i a) O O CD 0 E F c 4) oo N O 0 C 0 w gg g o o rn N O mC o C. . I^ 0 0 o r Q m in a • P u VON co.' tf1 7 C N O y N 0 asa• y N R 2 N a a) N a) C - r� d N o. cr v OD c 7 C▪ N O CO O0. 1-1 U a.; no a M. M O a Ti CI 03 m q o 'o' a u += Cl C*3 '0C' M y C M P' 0 U U C 8 O 4 8 S Ln C 0_ O. 0 o ,o g S > § § 0. § g se 0 a H • L N "0j ) U C a< O do C13C C {C N - d• = c0 ti w `^ a O m ! a) to u ry_ O I U ry O C n *0 O ai 0 v V a 2 m Q. N ag ry ! FJ Q, C N N u w >' O URi,�+ c` N N co t/OI 0 N O C y' m o • N a N Vbo C ON Ucc Q co cc o ce v V 088888NP ;;0p0Mbpgp8p0800ogg888p8 •,,; Y CO O N NO O a ^...�0 g n., OM. 0 Ln 0 0..0 M �.� o N:1n., 0 C.1 C n N .-1 •O N N 0 co O, M 0, CO N ul n n N u1 ai uI .I C7 fV V cc d' N\ m ,O n O u1 cG N a N N , N , M V M M �' c� M N 1. r, , M N M M .0 .1 ,O M N 00 Z to Va V4 V+V♦•64 Vi . .VT tR tR Vi Vi V4 V3 Vf Vi W.4 u4.4 V♦ W ( C W E 7 ' N a M gsr) a M 0: W ul s d N N .co pNOJ M .-.C - b4csi N N N L U 7 a Ti re• 8808008 8'eM8'e8'88808g'8888 0 W ul O O O �! 0 Q ul o 0 0 o g O O L4 O �� yy�1 0 , N N ut ut N g ,O g N C7 N g ul 0 g OP O O in ul n O a. n N .-1 ,O N N ,Ni Q` M N M N ul O '0 N 1. N I�1N M ul - • ,n 0 u1 .-i of ul V 00 n O. d' •O N 0 ,O 00 co V N n C C' N .+ M 7 M Vi V co ul IN .-1 M N Cl M M N ,0 M N Va V4 V4 b,V# Vi Vt V# 64 Vi#.9_- 64 tl4 VI' - - Vi a Lryry U V V N N N N N N N N N N N N N N N N-N N N N N N N N N > V N N N N N N N N N N N N N N N N N N N N N N N N N 0000000000000000000000000 N N NN N N NN N NN N N.N N NN N N N NN N:N N W G• O. 0 .1 .1 .1 0 N-I0 .1 .-O 0 r1 00 .-+ ' ,O Cr 0, O. a O• .. .-. N .ti .-) .1 OC co. 0 0 00 O O 00 O 0.0 .-1 ,-, <-1 N N N N M CI CI CI 01 h ▪ 00 00 CO 00 0 0 0 07 O] 0 0C13 CO 00 a0 00 00 a0 00 00 00 00 0 oD--.0 0 y G 0000 0 O 0',00 0 0 O 00 O 00 0 0 0 0 0 00 O 4, C. r 0 M ,O co M •O V Tr ul O N O N N N N:N 0 N T3 CI N N N-N N ON ON N 0 N N Ul N N In N N N O N 0 0 0 00 a � � 0 , � N . a 0 0 0 0 0A C -N N �.N N N N.N O.N O N.,O V'.W00 07 N N N N N N 0 C M N 0 N N N N N ,, O M ul . N N N N Z..\i N N .1..-) N O G M M M M M M > ;4 00 '.1 .'1 00 N O 00 00 > M M M M M N Na n O n n n n n 0 0 0 O Op O O O 0 O O 00 00 00 O OO N Z O ,,, 0000OUglQO0014-1 gRgO000000 >>; 0 oO O N ul O O ul 0 0.1 0 0 o-) a v, 2i .o a,O O O O ul �! O V ul CO N ul ul N u, •M N. ul ul ul ul I, 8 CV N .-1 •O N n .-1 n m .-, T. .i M N O .-i .. .-i n, is, N N. N M ul a 0 O O .1 .-i O .-+ 00 0] 0] N 00 0 0 0 0 O O O (V-- .-1 a V = T. N 0' N N 0. N a ' 0' ' ,O'' 1- N U a a 0. 0 Cr' 0..-1 0' n 2 ¢ = a.0 0 U co 'u U 'et U a m N = U O' u U a u NI CI a > N m 2UgUmwu00o � � OaaoUUU � aum 7 O, N N N N NN m.Q 00 N 00 •O ul Q Q N N.N N N N i+ N (f ul 00 N 00 00 00 CO 00 .-1 I-1 0 .1 00 .-1 0 0 0 0 .1 00 00 CO CO UU N .-1 N 0. N N N N N 0 0 M 03 N 00 0, O. M M 0 N N N N N N .i .. ul:.1 .-1 .1 .-1 .+ 0 N r1 N .. Ill N N .-1 .t 0 , .1 ,y .-I .-1 .i 0. 0` 7 0. O, 0` 0, T Tr M C 0, a Tr Tr M M 0..0, 0. O. 0• 0' 17 H CU M - { uL C R m N a0+ a V U V V V V V V V.V V U V V V V V 0, V V V V V U in -. m - ro > EEEEEEEE V E E E E E E E E E ..>_ E E E E E E ai c u p 1- 0 0 0 0 0 0 00 V 0 0 0 O O O O O O V O O O O O O h, C U U U U U U U U LL UUUU y O b4 O CCCCCCCC CCCCCCCCCOCCCCCC IL .-6 v w w n w 'tro w a v `' cot v- ' t cw w ` ` v` v w ` v V v ` V V w w �, d V 2 aCa FcV cV cV cV cV Vc cV cVQ cV Vc Vc cV Vc c c V Vc v Vc Vc Vc Uc Vc cV O O O a) c I- 2 a a _ - - N a # ul O C .t N M ul 00 N •O N .1 .r M O 0. O N .1 Ln 0. C g +=' N M n R ut VI of 1A ~ .i of .0 •O O. N N .O ~ M a a 1n 1n O. C M M N M M M M M g M M M M-N M M M M g M M M M M N ... a c, G TV' V Tr Tr R V v CRV v v v Rv v Tr TR Tr Tr V y{+1,7 J a 4.t..,,NNVEsr4f,, State of California • PMIA Pooled Money Investment Account n El• limillIO ""`. a Market Valuation tfo mo 8/31/2022 ii � 1 a r v a .3� ;ate" `,,l 2 r�� c t' 1 t ad � S �n �3z'a United States Treasury: Bills $ 50,959,355,621.66 $ 50,974,222,500.00 NA Notes $ 104,276,905,095.93 $ 101,503,463,000.00 $ 204,742,620.50 Federal Agency: SBA $ 339,716,586.08 $ 340,078,930.38 $ 273,153.10 MBS-REMICs $ 4,016,572.17 $ 4,041,914.86 $ 18,102.58 Debentures $ 8,941,905,096.37 $ 8,752,298,750.00 $ 17,870,500.95 Debentures FR $ - $ - $ - Debentures CL $ 2,550,000,000.00 $ 2,511,845,000.00 $ 14,005,459.00 Discount Notes $ 30,130,920,319.35 $ 30,144,393,000.00 NA Supranational Debentures $ 2,281,987,475.83 $ 2,200,894,100.00 $ 7,424,528.90 Supranational Debentures FR $ - $ - $ - CDs and YCDs FR $ - $ - $ - Bank Notes $ 100,000,000.00 $ 99,745,085.56 $ 525,000.00 CDs and YCDs $ 13,510,000,000.00 $ 13,486,320,640.14 $ 58,292,522.21 Commercial Paper $ 10,096,386,048.57 $ 10,124,743,430.62 NA Corporate: Bonds FR $ - $ - $ - Bonds $ 542,757,382.10 $ 518,895,100.00 $ 2,889,619.48 Repurchase Agreements $ - $ - $ - Reverse Repurchase $ - $ - $ - Time Deposits $ 4,714,000,000.00 $ 4,714,000,000.00 NA PMIA&GF Loans $ 841,492,000.00 $ 841,492,000.00 NA TOTAL $ 229,289,442,198.06 $ 226,216,433,451.56 $ 306,041,506.72 Fair Value Including Accrued Interest $ 226,522,474,958.28 Repurchase Agreements,Time Deposits, PMIA&General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value(carrying cost). 53 Statement of Cash Receipts and Disbursements and Summary of Cash by Fund �?t Finance Department August 2022 Cash Receipts and Disbursements July 2022 August 2022 Receipts General Fund Property Tax $ 994,921 $ 138,981 Local Sales Tax 4,699,739 4,208,390 Public Safety Sales Tax 238,004 300,569 Transient Occupancy Tax(TOT) 1,967,294 2,126,743 Utility Users Tax(UUT) 1,624,043 1,835,214 Other Revenue 6,889,932 8,639,102 Total General Fund Revenue 16,413,933 17,249,000 Total All Other Funds Revenue 14,061,533 12,344,326 Total Receipts $ 30,475,466 $ 29,593,326 Disbursements General Fund Personnel Services (20,909,490) (12,449,357) Operating Expenses (4,875,847) (3,726,828) Capital Expenditures - - Non-Operating Expenses (1,753,071) (797,912) Total General Fund Disbursements (27,538,409) (16,974,097) Total All Other Funds Disbursements (29,889,149) (16,302,285) Total Disbursements (57,427,558) (33,276,382) Net Change in Cash Flow $ (26,952,092) $ (3,683,057) Summary of Cash by Fund July 2022 August 2022 General Fund $ 89,029,011 $ 89,303,913 General Fund Other 3,676,484 3,484,389 Capital Projects Funds 32,063,377 31,216,780 Debt Service Funds 23,913,610 23,043,679 Enterprise Funds 77,771,976 79,682,175 Trust and Agency Funds 3,158,845 229,245 Internal Service Funds 26,849,374 26,038,651 Special Revenue Funds 61,920,811 61,701,598 General Ledger Cash Balances * $ 318,383,486 $ 314,700,430 Total cash will differ from investment portfolio total due to outstanding checks and/or other timing differences. Note: Above information was obtained from the City's accounting system records.The above information includes receipts from maturing investments and payments for purchased investments in the city investment portfolio.This statement is prepared in compliance with the City's Charter. 54 CYNN :ir ti N (v.) O LC) CICO OU; C 1 ., O N sO N CO CO v. n A N v. 4.. s- ,n ,4• a�O A CI O N '> Q CO y j —.L a m t `` 'o• m •t s m = Q T s a C 3 8 O O C 0 0 0 0 0 0 N c v m uC oa c > I • N O c 3 N I V Ln O 41 O N O 7 m 0 01 4, .0 7 0 , N I� co C N V vN i � N ^ Ct O �O n V 'O O c .\•1 > .3 N W n P N Ct n n 2 N E'y u 1 ate+ W ti 0 M C) ',..N M T 0 >. 44 w N r n v- o f a> a w C' •• co e'! c• 0' N 0 >L n' M. M N N O `"" N... Cf c E Q W +r4 V# <H tR M as va v i u . cot Z , E 0C4) `o i E u w > i N E g u N v oe oe N QX C V 7 O N y 7 ^ ^ ar 41 ^ T `! C.. m :'E C k' ,te+ > v„ i c m 0 W , 41 , c.;,' O C W C. C O•c c I g Y a. �.'i N O. e-i 8 rr a. co �C8 O o. y ' a, Cto ' Wp Z O Q ~Y m LL O C 1�. W e .- N Cl N M C a '� Z �° N `O co O 41 G U > r 0 so 8 N N v, m o. Z °° w y a a T t w h. vi a. `o .-i o cnn U •7 C M W as O N W N "m0 N O - m. e•j ^ a CV M mr. N F- 'U w a 7 OM ^W 'ti CI M c T v +A W @ y u m ` O. O u. f- 11 0 of m a m > w o ao0 > U H j.. ''o N O a : :' a E v ar 0:. p p Q p to N-Y ..O Ca N 1 -. Tr O cGJ � M N '- ~ a .=L so § § QQ A sn. O ui O in .a -to c > QC8Nm ?cI NN ip i C) 4' N' N M C') •"� >ea O c0 b0 I b4 Hi di M Vi ';. 7 (O v, c4 _c C O ea C .5 V ' O . 7 a '� C W m C �'= O - • O N E W. EN 4.4 m j p d L,, x �� ,N i -C; W Y C E .0'in O v V ° 44 at y m E - " Z d .t m c O ,> a u .A N 1-- a o. 0. A N f6 y 7 y y •5 U N:. C..C L 11'. }} .0 w E u : c m R y0g i Z FL. j W U w ti W m : l7 E Ft as Q O a `Q c +, v a a m z °° ° a a 3 V D SI`tnn D u F°-- ^M 0 `o M M Mof ^ o co .p cf N ` b ao o N.N ei N V a' 4 N 0. M O M o fQ• U 'N. .r M 0, fPF 0f M M • �p } Y1 y� W {R W 41 tR E m — N N m d 7 in c u 00o = -7 f-, > O O c N `u >.:. > 3 v Ci 'i ` 315 +' .� 4 m 0 , Coy0O. m Wm 7 z .....? - _.._..C N a = aOLou. • ; m, > a m a m m> m y N L > N 5,, u .__ h �o? a g _• o m a S 0 3 2 - �Q c �a var m 0 1 Co L0 O 0, o �oa w a C• 'O N 5000. N '' 0 n L 4N OO O O O O ' U i bT4 N o O C O a+ s va co-:O v1 �j e!' I- V ' 4 y 1 0 A Ii;! F v w w ,� m o 3 c LL 1 3 3 3 w is 0 ` 8. o.vaa E c'= "1 °''3Ii 3 3' =F c c '.. •> I ct y N N N N N N N. m p O.O i0 O:O O O'. N N N N N N N y . N V1 N.N .1 N O. C 1 O N .-I O N N N < o0 OOOOo R U 1 a 3 1 I 11 t O• O 4 Q CV •a c,c ~ IA--: i- JN = c Q s Q ti 4. n ' I Y L to u Q ,,m co • o0 ° • c U ° � E = a , 4 ,.,*,C'< <v,,4 a 1 , 1,'4..'. ;I. ;,' -5 4• -1 4-1 N N N N N 0 0 O o. 8 88 8 8 88 0 tq to .+ .. Ill d d C 00 0 O 0O a.) to to to o V Q O O 8• a 88 § • 00 0 o. 88 8 I• to o ',. o 8 $ o § 8 • s8 I1n N C 0 U . N N M +' N N tn RI C 0 N N T. 9 e\-I N C O I- ate. O N n o a O O r o. E - N N 7.1 C N N N Nw 0 m N N .-1 N GOcvc N OO pO 8 • QQ 8 88•V § O a` 8 8 N • N N N O N N i rl N _'i O ^ p I.;..- O F- 0 0 _Z L 'O^ 8 > O - Z a t • O w co a N LL S W \ LL Ce M a+ •>_ u O o z •U y }} W N � N1 amF- R 7 w w V M M • Cu 0 M M ) O O 00 r�i 0.o° C E . o t CCSd1 Diu « C F- . . 2 2 'r 1P kid-. F" g. ., 5.... .o a 1 l°�.. Mr V c $ co F w in YI N 4 al0 uu Q a 81 u c p a` `n V o >" 8 ' ''i m C m a C c P. H w UI m M L C W a J.h d o a u u a` C N O I-O c CI z. N N 0 t N O a ''' ce N ) u O > t ate+ a+ CO �_ m U Q c U 0 �; o .. o0 o c d c 1— }�,, syc,t vylj6`h„� f' ,: . j7 y.� tiJ O Q 41 �• 888 888n80 ' N ▪ § cs, NN 0N8 nos N aM-I N eM-1 Ln M P r Z M▪ + .M:M:M.W M+R M"b" d E 8 y Ci' y a v d y0. M 8 0. 0 ti 0 0. O N O S Cf• di n n O-eNr'n n :8 -0 ^'' N C rn M b M«n tR w lA w w 4) 'O N N N N N N N N N N N > W N N N N N N N N N N N 'y u 00000000000 C4CICAN ' W VO O v1 I� a0. N N N N N N N N N N N. N y G o00000010000 ar c m 0 N M `O •O M M `O U) • N O N O N N N o N N N O NN O N N N O O CL � O. CO O z.•O N'..2, ON N N z.N:N j O: 0. ^ H a\-1 LL a\-1 ^ H ^ H N 4. UOou1 0 nU8 �' N N !1 Q Q OOD.N �..Ln. V1 rsi �.W l(1 M U: �.ri N:O ONj 0.:0 Q co oo co QQ < , LLLL Q U- LLLL Q LLLL co — L O 0. ai M H d' a w M LL CO X'> a LMn w' •1+ Moo .c, OU N Q O. co 4) C"L • u O cc a v y m oG Cv C w oo a v_.ov'a CCgCyKyC Co • w .w. C w v w W P. W F 2 CaO Q 2 .) , .2 v wc v w O O d Fccc c C' c — SaoG • v1,�� ya 0 ' C ,'y .O M O N H 'es b •..L N 00 C 8 N M M M 8 `,7 M V L ..YE f,�'< W .-I U .23 75 al a; o o ! eas n O 0o a U L.0 0 0 a a � M �O at 0'.O' ` N NC., U N P. $ � o $ X o a N N O. r CO N O fa• U M,to a0. Cli co cc a) a L 0 = L bio 7 0 1 ▪ = ) $ .10 $ In a r1 O • 2 k � 01 5 a 4d - m O o N U U k a a J J 1. 1 .� 3 u° g a C 6 m - I O v C ON $ A 7 i � 1Q M O N I� 0. O ce O ce � � � � � Q u LL QQ QQ QQ QQ QQ QQ ¢.a a ¢ a.1.1.1 1 1 1'. it l i.i i i. Z:Z Z Z : Q.Z Z Z.Z Z Z.Z Q) y , Q Q Q Q Q Q UOA O "� + + + + + + + + + + + + + + + + + + + + + + + --+- + + + + + + + + 03 111111a111a111111 1m 1 m1 1 1 1 1 1 1 1 /m 11 1 1 11111 / a O a- RmiimiRm0mmmim a- m m m m m m m m m m m m m ms m m mmmi mim a ¢ a Co Co rs m m m m m m m m f a ¢ a,¢ a ¢,a ¢ ¢ a a ¢ ¢ a a a a a a am a a � ¢ a a a aa a ala a aaio CD a $- a 0 ' 0 * 0O �eN * 0a Noeo NNN CO CD N0 - COa * N ae00o 'eo 0 , C (0 . i; 0CC P 01 •0 O C0 O P CO N C0 0 P N:N N N N N •O'. N:0 .ti M:P P C0 CO 0 0 V •0.•0 0 o O W o 0 0 0 0 CO It) P •O N `O . CM N •0 CM P'..Lo CM •O Cn co Cn CO P N •O .O 01 Ln LO N P •O •0 N P P •0 •0.•0 N .0 •0 •0 •O •0ae .: a0 'C "j 0 'C .4 .4 N .ti .4:.4 .4 .4 o:.-i .4 ei .4 o .4 N .4 .4 .4 .4 .4 .ti .-i o a-i - cV o o .-i .-i .-*, � s i:.ti .-- .-+ .-i r.'C N M M M •O •O N N N N W ii . a V P co O N N N N N N O N.co + ti `1 N .0 o. '. '1 N N O 0, 0, ul P 0, CT CO u2 0 •O `O Os 0, Os M CI V P N p ' .-. .4- VV CO Cn co Cn p ' •-. co co N iMi co co co co co co V CO `O I� N N N CO PCO CO e .. . -i -.. ei -.. e- CZ me U2' O : N CD CO .O: `0 Cn N •O O CO:CPI co o P vl L P Cn .( .-i:M N N '-1 '-1 V V CO':`0 CO '0 CO o N CO 0) N in �p .i u-, P P o co CO P P P 0 P O P CO O P 7 P o o P -( V .--( M. 00 CO OJ M. O CO M. o .-( O o M CO E. O o O .. ,. .. . .. .� N N N CO CV CO M M O O N N M M O O O O O O 0. .-1 N N N (V N N a .1e TS O: V 0 0CI O N CO v1 0 Cn o Cn v1 M:O O C'. O O '. cnM N O MO M .-( O N C.'O 0 0 0 0 0 0 CO 8 w. .-I : CIinOsCO'. Ln':N N N,OJ 0 N CO:CO V O �f1:coO co.N O O O O O N: a' CO N 0, P:N 0:CO N CO 0- ',0 N e-�.0, W N'. �n N N C CO CO CO '+.CO N N VI::V C.N P O CO.0 0 CO CO • m� 0 01 O 0.0 CV N:'1'.0 N 0 0 0 0 0 0 O:'+'. ON NOO OO'.. '.I:N N Ni N}N Ni N:0 0 OI0 L.1 0 0.. "= 0'.. 0 0000.000--:.0000.005OCO!. 0 0000.000. 0 O00000000000080.. m pp 0 o 0 0 0 0 o O.O o 0 0-O o 0 o O• o 0 0 0 0 0 0 0 0 in o'O o 0 O o 0 0:.o O o O O O o .7 O 0 NO Ln o LO O CO N O O 0 0 0 N 0 0 cr, O CO o O o Ln 0 0 CO O v1 0• -( .-1 N O O N v1 0 4, N P, ,n N 0 CO •O co co N P M CO-O...-( -( O � c0 . P o V .-.'.-1 N N ',O CO 0 `O-'O C. O:VO 0, CO-:V v. co ( 0! CO: Ifl CA `O o CO N CO O� 0`O V o:OsO N-CO Lc) ' .-i 0- .4`0 OJ `O . .O: V 00.:I� .4 a. o o --co '+ V .0'o; 00 C7 In t N n. N .-. .0 '. Cn '.:.CO 0 V CO 0 N N CO P C') 0N .0-:Q. 0, :CON CO- 0P N 01 N cr., Qs o. V:.-. Cn V '1 '-1 P co A P.. 01 0, 0, CO 0' CO,0' CO.CO.0. CO P.-CO •0 0'CO 0. CO. c l P.P P CO C CO C0.. 1D 0' P O P.0:0, P..P:0) CO N CO. CO '0 CO Z V.. a; N V V V,CO V:VM .4 -4- N.V OI C VI" V n In-.M V a:a C V: N N.d' Ln .O N-N V:.7 V el ,r V V Vr. 7 S N sO sO N,N .0 01 41 CCO N 0I IN0 ON P O N p O1 C CC') O N N CO N 0; o RI 8 CO P O C:O O . 0 0 0 0 C CO •D V Vain P V-m co m..0 Cri Cn v1 O 05 p P•.P '-1 M.N O N. In In Q. O C O.V v1 .O pp O o pp O pO 8 N n N N ti N N ..-. ..--..o N '-1-WNl O C')co co 0' `O C) N O O P VP1 N .V-. `O-N. ~ CO O N 03 ' CO V N O 000. 00 O. AL n ri CO •O N V1 CO I. '-i CV c"i O O .o so N •O V• V': OC '+fV C7 O O N 0 10 N'O O V N N '-i 0 O O CO (n P N CO N N CO N. 0 P C') N V'C) V P G M N M 0 •0 P b N o O N N O'O N O 800000 .1_) 8 P Ol 0 O Or O l co P O 1 0 o P o P P N'.P P O' 01 O O o 01 a P P 11 000..000. 000 0 0 l- ID <j .. N lM V Co •o V Co--.V CO ' of 7 V .n V '0 r. ..o V I!)V V V In of u) I/ N of co vi It)vl V• In In• cn•In OVi: 0 Q v O R' N co of 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0000000 0 0 0 0 o O o 0 0 0 8 0 0 0 0,8 7 0 v 0 O o 0 0 0 0 0 0 0 o O o 0 0 0 0 o • CCCCCCC 0 0 0 0 0 0 0 0 0 0 u CO m 0' 0 00000000000000000 00 0000000' 00 CCCCC0008 0888 § M C > 0 0 o O 0 O;0 0 0 O.0 0 0.0.0 o,O o 0 • o 0 O. 0 O. 0 0 o O o o LI 0 o;o o C o 0 0 0 o Co 8So030005 SDS0080 0 0000000 0 88 �88800808 � 8 0' N▪ C d o op 0 0 0:0 0 O:0 0 0 0 O 0 0':O 0 0 0 0 0 0 0 0 0 0-. O o-.0 0 0 O:O O.O >, Co N c. In ui v)',N Cn CO V ui Co,C')'Co u tn..Co .-i Cn: a .O V CO 60'.Co Co CO Le M:Cn u)N M M v):ui.Cn V u In Cn Cn•.CO CO = IN to O a- • O N P N N N N N N N N O. 01 01 01 0 0 0 0 O P P '. .-. 1-1 0 N P CO N P P P P '. 0 '. 'C 0 .-. 'C' 0 >• 01 N 0 N N N N N N N N .-. N N N N N N N N 0 0 N N N N N 0 'C N CO 'C 0 '. N N N N N N N ++ I0 N 0 CCCCCCCCCCCCCCOCC CCCCCCC. O.O o 0 0 0 0 0,0 o 0 0 0-0 O N N N N N N N N N N N N N N N N N N-. N N N N N N N:N. N:N N N N N N N'N N N N N N N • U M N. 100 .-+. CO,y' N .-.:N. N N NV:.: N CO N. 0• N 0 O o) CI Or 0 a0 CO O N O'. Or CO O O. m'..� CO M:0) N O':O O.N. O V LL] O C \ O N O N a-1 '-1 N O M:'. N M'.M N N N N N N M \ co O N N o 0 'i '1-N N o.M M M M 0 a Cam. V'. N '-1 N '. CA CO .N'C N N. N N. CO OO• N N. O• .-1 st C') M V N '+ V C11::N N C(1 M-.M M Cn N N.CO N N •NO N. o: C 0 0 0 0 0 0 O o 01 0 0 o '.'.0 0 'r 0000000 O:.O '. O O o o.0'.0 '.'O -( 0 0 o V 0-0 L V- v''. l '.. - X X X'. X X X X LL LL.Si it:LL:it L. II iis6 Lam" is ii Q 7 C7 V Q Q C7" �:v 0 0 0 v 0 -:-0 0 -o v C) v -0 0 0 0 0 0 0 0 o o a�n v a v a v a v 0 X CC CC CC CC X o X X X X I j -` Co 0 0 0 0 0 0 0 'V v CU 0 0) W 0) 0 0 0 N C) W C0 0/ 0) cu , LL x x x e. x x x x x x x: x x x x x x Ur- IL C1 ii LL LL � LL 'y f. n i- LL iL Ur LL LL i.LL i.� Li i.� ur LL Li ur ii .L + }` } VY T } }` ^ _ }` }` } } co m U. >. 6.> OV• P 0 O 0 O V 0 ~O O }` p}` }p }` } } }` p} }` }` }` p}` y` j.:p} }` }` Q 'n a O O P N •8 "C:m N c00 .1 O d '-1 _U 0 N N N U '+ N L C00n O O O:P P 8 8 8 CO N O O O O O O t- O'O N c6 Z g 0-.0 0 0 ' Z Z Z Z Z Z Z" V Np C. O N N N N N vi vi Ch V' V 4 N M-M M Cn v) } N co CO CSN N N V-} } } } } } N N N CO CO CO CO C V V:V V V V'v1 u7 ,):•O '0 '0 C NN NN N N N. C NN N N o o p N .-1 0 N..N N N. U) M: LL N N N N'N N N.N N N N.N N N-N N N ' O O O.O O 0 -, C C C 0 0 N N N O.O, p '. '.1 'C V .O O O O O o O O:O 0 0 p.0 0 0 0 0 0 N cV:N N:N.N N M. 0 N:N N N P P N N v N• N cV N CV N' O 10 N N N N N N N N N N N N N N N N N 10 O.0 •O:00 CO 00 •a P:o O. O• '1 '. 0 ('1. m .\-. '+ '.,O O '.. . C+1 O .-1 .-C .-1 'a,'1 'C '. a M N '+.N N N .O C C.Ca O O N _ V V V V V V Cn c N. C0 CO CO N N N N N N N' v. a N CO M MM \ MM 01 M c` M M MM M M {- O.O O.O O 0 N ` O-o p o O O p.O:N O OO N O O.. 8 E N N N W N N 00 P o N W N W d o 0 6 0' E 0000000000 , 000000 vi 8: 2 8 8 �' 0'0 p N N ^ r $ m m o 0 0 o v CA o:. a O O Cn Cn.0 ul p0p 0.0 Cn 0 0.0 0 0:Cn O 0. = .O.co 0.c(1 M Lc., N- 0:co N .D CO N.N N CO'.M M CO .-.. Y: U CO N 'N-1 M N O N Ln N coN OCn OCn N N N;.N LC/ LOO N N '. N N:.-i O O N N N c') N V U N CON 00000 ,10 N CO CO e-i '-1 O '+ '+ N '. '1 N e-1 'i O O N O O O CO CO CO:0 0 0 0 CO m CO CO a CO u u. f- H F H.H H L- 1.- H F I_:F. F H.I- 1- I"': 0.0 O Y 2 O: J.J J J � � V N Cod O O Oo O N, ¢:a a:.CO CO CO -: LL LL LL LL S 2 W LL:P O Cn O O Cn •0: N �. p.. a u_ : O '+ o..-i '1 0.0. N - ' cc _.2 2 S 2 2 S CD oo - U. LL U. LL LL U. LL M C0.0 C'): N rn Z 0 NN) X:0.N LO 2 2.m p N a 5 3 ~ x } >..w ro J O x CO o Z Z C') x.V u CO Cn In •>0 .0 = d Y a ,n u N .o x >- } 0 } }:a a a'u u u um m = N L o E w w D x O M X 0 0 > C7 < coII 2 'CO U CO CO CO CO CO CO CO m,U u CO u u U �, , co ,n o u. M M a ¢ 0 u 0' Cr z C7 C7 22 NNNNINNN W CO CO 00 CON:CO N W CO-W 00 C70.O CO CO COC CO CO'C p-,P p O N O 03 M CO') N N CM:C") 0 0 0 0 0 ¢p ao v O U ..4- N N N N N N N N N N N N N N N N N CO CO CO O. P C') co co M M M CO CO CO M CO CO 0 N N 0 ' ' :' y 0 ' ' 'i CO '. ' H ' 0 ,'C CO CO CM CO <r 0. Cr, •'0 1-1 .1 '. 0 0 . 0 '.'' 'M-1 co CO N .17 .0 P P 0. P P P P-P P P P P N N P P P V V V V V M C') M cn C`9 C') CO-CO CO CO'.CO CO co M 0 OD O c O C N G Cn 01 N n V V 0 M CO cti CO 0 0 0 Cti C-C 01 N.. N.0 r/ In CO O1 V I, CA 'i CO N. CO 00 N CO V 1D.CD 01 •7 N: ce •i rI D� °' N m m in'.Enn in tD n m m m N Cn.RI In fn M.m m m MVI'. 1,1 N N m..m m1 1 1. CO N N C11 N..N N N In RV) n'1.In PI et m m m - a VVVVv VVVa0VVVVVVV, VVVVVVV VVVVVVVVVVVVVVV 0 a�i n < 0. a' O CL a) cc cc cc cc 1 cc cc cc cc ac cc cc cc CA U '-'' a.Z Z Z Z ZZ.Z Z Z.Z Z Z Z:.Z Q Q Q a.. N + - + + + + + + + + + + + + + a o % aaaaaa / a / aaaa 1.. am -- a • 2 t0 N N. ilf 2 2 tC t0 2 m m M'`m < a N a O }. a a R m m a o a m m a m N: ""'< a,� Q a"a a s a,a a a a a < O CO N . OfP CO 0 to 0 `O P P 0 0 0 0 0 0 ^ •O .- l V CO •0 0 N . V. •Od `O C": to •O •O •OVl i � P •O •DPtoNV1. uA a .- ,- .ti v.:.ti O .ti .-i T. ,. ,.:.' .- ti M O •-i CD0:1. . N co r��� C:1- 0. N N d' M co ...0 . < . 0'-, N •'-to •0 CO N V 0 `O '0 N .--N 0•.....1 N •0 to N '0 N 0' < �'.F. 0 0 O .+-.-N N N N N M M V 7 V 0.•OO Lrl M N `O NN. N Q10 .i..-1 .i .-1 .-. ri .-i .-1-:.y . . e-1 .-C N 18J C N r: 07 7 N t P-..+ 4 V Ul 00 •O-. 0'to N N V N N {J N N SS O� N M M-.V' V' V N to e-1 O '7 P .-I CO. O e N'N N N.M ('M M M-:M M ci (.6 M M O O O .'1 .' .. N J!'Q CO.0 0 •O 8 O to 0 8 0 0 M 0' to tn:O .N O O c0 O 8 N to 8 .-1 O O R •O 8 O M'.N M N N N N N to N CO-. G1 •0 N CO CO N to to to N 00 0 CO co-.N co'.N '0 0 N to 0' CO O .-i O .41 O O O;ci O O .i',O .".1 ,., .-t O .4 N .-1 O O O 0 ' Lo 00040000000000` Oa• 00. 0 I 0 CO 0 N o R O:i� 0 .-1.0 0 0 0 0 0 O 0p 0 Co O-o O M.O co O m f O > tn:.. O .-1 to •0 O-0 0 to O':N 0 tn. m Otn •O N.to P to O o �e .O..I .-I V M P V .-, M V P N (7 .-Nr. 0 .-N V N-N M V A. O! '..-i I: 0i 1� V •O O.N N N. O N M V 0',ri M N:N.- 00 N 1 co N •O O .-r N CO N O N 0• N 0. 0P O •0 a co to •oe v L '0 •o .o '0 .0 '0 .om m 0: 000NNN .a aft f vvv4- ,Netv .re 4. v e v; .-I rivNcsfvM .r: co ti • In 000 '0 � N080'o 8 N 0 M o � � a , cci o P,O 0 P p .-1 to 8p pp O.N O• O N O to CO M M I- N. m (O 0"'1 or •o'O O Lo co 'a N .-1 N'.f •O i� m v1 > W 8 8 NIO N to N O. O. 0 N N 8 ni 0 N 0 P CO N MI m^ Y co N 8 v'p0 0 0' a 0 p 0 0'..'IS 0 0 m 0'.M ON') 01 co- v '00 n '.. 8 •O O vl O O 0 0 O P 0 0 N O O O P P P CO : .. OCO V V tri V tri of V a.N to Li-) a vi tri m of vi N N:,7 of V'. N s. �: Q rl N. N CC ca = c 43 o0808000000000l o 0000000" ' .. o - 0 0 ''. 0 docid 0 !v OD m 08o0ee8000 0 080880 Cr 0 . i. o -o0088000No °0008 oco1 C d ^ omo a >, 3 to .}to Q to M to to to rl to trl tri tri (l to N N to M tri o M .... m = ,I N N' O .-1 .1 .1 N .1 N .-1 .-1 .-I ... r1 .1 .-1 N: CO 0 0 P N N .1 O A y N N N N.N N N N.N N N N N N .-1 N N .-I-N N N _ 00000000000000: 0000000 i-. 15O1 N N N N.N N N N,N N N:N N N- N N N NN N N O U L A V 0 to .� •O .-1 to 0 00 0 •0 N 0 N CO 0• ." •O •t O N O. Q .n-.M N 0:.-1 .-i N N N .-1 N'..-1 CO O N:N'N .-I N ` 0 p, N N CO N:•O .N. \-t .-1 N .1 •0 to •0 N N: 0' V N N N .r N O_.+ 0 0 0 0 0 0 0 0 0'.0 .-1 O 0 0 0 N O O N x x1. x x x x x x x x' x B Ill CU x x x LL LL L1:L1 L1. LL LL:i1 Li: Ll it L. LL -Li. l.L O' o- x N N O`. Or or O' LT Cr.x-1', u u u u �. o 0 0 •-1.0 0 0 0'O O O..0 0 O: cry"'U U .�:o V 'p .t x 0O <O 0: O 0 0 O. O O O J( O x O O X..g O x �` O N N G 7 2 f N N 2 � 2 N Li, 2 2 LL to Z i t y O N t\ V 0 •O N IN IN O N :7 a 7 M o 00 O 00 P to to •O P .+ m T O V T ( 0 NNL�OOJNO `0U M N N U O (VN O O N ic NN }1UUUU � U00U °? UU � oV �+ ,� N � oG NZZZZZZZZ Z °? ZZ H OZUVUN : H !i Z. L. 00 N 0TO N_ CCOO O .TO N 0' ((NN N N N 04 N to T N > NZF4 N P P O-.-1 M V .Y to CO N P 0 U. O V' CO 0.. O 0 ba ^ [V N M .M..,M C7 M M: V". C NO• ON N , C!Z •'1 to Lli tn.to to •O:•O •O •O..N-I •O •0 N •,:M .\-+ „My. Lip+,QNNNNNNNN (N NN O N MOd' L° v(0 O ONNNN cx ON CV NI ON0 NN 1!1 0 O 0 O N 0 e' _ N 8 O (N c:, - •"' .-+ N 0-3 g ((NN.,0 80. 7 ^:.M-1 8 O 0. o ," (/} o M N 0 .O N 00-:0' `'1 N N .-1 Cl Vl O '-0 CO cc'. .'1 N 0 •O M a 0 0 0 0 "1 O O O or m 0 0 •"1 O N t O O O ZNS0N '0c00 03 00LL0 ^ mg8o � 8O N LL .a O N O 0 0 0 0 O _ .+ .1 cV 0 CO m co m a co m co 0 CO m COl J M a N N J J J._J 2 J-:J J J J: J -I 0. 0 Q Rl : O 0.1 LL U. U. U. LL L.L.:LL :oiC LL LI- LL U. Z :.;.,', M N OD M OO M V a' OM •O to .O M •0 IV-P- P:N .+ tn.to •� .1 N tN 0 I-..a N Z Z W Z VI Ill LL I� c! U` W O J X D_G Oa� a� aYJ � � aa =0:N = n (a7 = �. U a < < a O a s a a a a a a 0:M .1 O •O op.! , M to O O O0 to 0 0 0 0 0 0 0 0 N:CO M .O •O to .-1 N U co:M M M M co co co co M CI In M M- P IN co0 ... 0' iu O N N ,.. N N N L.-1N .1 .1 N N N Vl CO0 N N . CO .r- M:.CO M CO;M M CO-CO CO CO CO CO CO CO a 0 P N-'O 0., a'. 0.) 0 d 0.4 or C bA O c O +' CA in N 0 .-L CO 0 .-i-N in CO:LA N Co �t m Co 0 an in m. cc C N d' N t0:in I.-4 N N N m N.in 'af N. N..-L 0 0-.in N Tr t\'i 70:� m m m m in m m in m in m m m m: N m m in in in m o cou aaavvvaaavvvva vaava .ra 0 N Q : a N cc 0 cc �`��„tovEsr '`� State of California Q �""A Pooled Money Investment Account ttiIA ? Market Valuation ,'..i,Qd1� y�`�Q 7/31/2022 ..Vartfirik4 ,,, W.,,,,ittertfeitkiteiiiiii: United States Treasury: Bills $ 52,098,128,291.11 $ 52,057,747,000.00 NA Notes $ 104,818,985,610.97 $ 102,520,395,000.00 $ 273,587,614.00 Federal Agency: SBA $ 300,318,315.91 $ 300,555,022.11 $ 189,527.40 MBS-REMICs $ 4,432,359.73 $ 4,497,025.55 $ 20,034.96 Debentures $ 8,895,418,676.26 $ 8,738,846,550.00 $ 14,157,686.50 Debentures FR $ - $ - $ - Debentures CL $ 2,450,000,000.00 $ 2,439,724,500.00 $ 9,836,029.50 Discount Notes $ 29,458,450,347.10 $ 29,441,160,000.00 NA Supranational Debentures $ 2,231,820,920.27 $ 2,165,702,700.00 $ 6,556,084.60 Supranational Debentures FR $ - $ - $ - CDs and YCDs FR $ - $ - $ - Bank Notes $ 100,000,000.00 $ 99,792,447.60 $ 266,666.67 CDs and YCDs $ 12,760,000,000.00 $ 12,735,555,691.17 $ 41,454,066.65 Commercial Paper $ 10,111,738,076.32 $ 10,123,658,513.84 NA Corporate: Bonds FR $ - $ - $ - Bonds $ 492,556,729.32 $ 473,132,560.00 $ 2,271,300.58 Repurchase Agreements $ - $ - $ - Reverse Repurchase $ - $ - $ - Time Deposits $ 4,614,000,000.00 $ 4,614,000,000.00 NA PMIA&GF Loans $ 829,187,000.00 $ 829,187,000.00 NA TOTAL $ 229,165,036,326.99 $ 226,543,954,010.27 $ 348,339,010.86 Fair Value Including Accrued Interest $ 226,892,293,021.13 Repurchase Agreements, Time Deposits, PMIA&General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value(carrying cost). 63 4 Statement of Cash Receipts and Disbursements and Summary of Cash by Fund F.::,;„ 4' Finance Department July 2022 Cash Receipts and Disbursements June 2022 July 2022 Receipts General Fund Property Tax $ 513,443 $ 994,921 Local Sales Tax 3,893,998 4,699,739 Public Safety Sales Tax 281,067 238,004 Transient Occupancy Tax(TOT) 1,472,176 1,967,294 Utility Users Tax(UUT) 1,463,331 1,624,043 Other Revenue 5,241,673 6,889,932 Total General Fund Revenue 12,865,688 16,413,933 Total All Other Funds Revenue 49,191,142 14,061,533 Total Receipts $ 62,056,830 $ 30,475,466 Disbursements General Fund Personnel Services (11,198,519) (20,909,490) Operating Expenses (3,837,373) (4,875,847) Capital Expenditures (1,442) - Non-Operating Expenses (21,397,315) (1,753,071) Total General Fund Disbursements (36,434,648) (27,538,409) Total All Other Funds Disbursements (36,271,532) (29,889,149) Total Disbursements (72,706,180) (57,427,558) Net Change in Cash Flow $ (10,649,350) $ (26,952,092) Summary of Cash by Fund June 2022 July 2022 General Fund $ 101,940,106 $ 90,815,630 General Fund Other 3,233,709 3,466,062 Capital Projects Funds 33,580,474 32,008,406 Debt Service Funds 21,964,633 22,065,980 Enterprise Funds 82,241,797 77,643,133 Trust and Agency Funds 5,642,032 3,170,258 Internal Service Funds 33,368,186 26,787,344 Special Revenue Funds 62,763,601 61,825,635 General Ledger Cash Balances * $ 344,734,539 $ 317,782,447 Total cash will differ from investment portfolio total due to outstanding checks and/or other timing differences. Note: Above information was obtained from the City's accounting system records.The above information includes receipts from maturing investments and payments for purchased investments in the city investment portfolio.This statement is prepared in compliance with the City's Charter. 64 2 2 u. 0 o 1-7 U 0 Q 00 040-4040.. 2 N tJ �.PCH b//b ilk 2 o a- E— o � . CO z 0 (i) .0'/1 i3 ORP w Z Q H cow � o- Z J w I-- (/) . . (3 w Z Z Liu Liu z D Z J to w _ W at LLI U. cr Hp� o I— St 5 s L L U) ( (o Co Cn N Qn V) p CD Co Co a) a) >, > I I N LC) N m W ry 0 ■ • N Nm 0 N 0 0 N "mJ N W Ww w^O N` MN ONTN n M ct co r^ (/I V' W W y } N W = ry 3 N v♦ fp m N v\ • Fi N O U) m N W 0 H- N N Q CJ O m I— N Wm Q ry Cr W z N V0 N m O Z < V1 Ln u1 fANV1 V-1 ei6V M n CO p L (0 N- N r T O .cr' `, N p o . (3 CD N r N , O N o O ti a) N N N- O N a) LO OL] O a. >, O >' CO as to 2 o 73 co LV ; N Ct N co a U OO C E W_ CL' E co co o 0 0 0 0 0 "Cra0 co � � O 00 co NW 4d v M cr) I- C ...,„„.,.. , "-- -- „.,,,;:;',.::::::.:-..';',11T;,, , --4-:,,-,, '''•,'..4'ik'' ''''-2reZ'Z'.''''' , ' ',:,:".0:t.:0i'fg::. ' '; :-,i;,::.4 „„„.•.:..•;1!"9,!'''';','"'„- ,,,, , t%s a) oft Ilk NS 404. . IPs, Lo . co 0 Cti 1— CI) AC 0 ... 0 0 C3) Cf) C3) Cf) cs) ce) L() 0 N N—. 1%. N CV) > N— N - - 6. co as 1_ . • as as ICC as 2 4,, CL 2 0, D •• 2 0 Cf) ... 1144b 03 CI) *....... = .47... . .... 0 u- o I- , L_ o.. Li.. 0 CL = I-- CI) CC c) E C 1 . /WWI (1) til E ‘CIS (1) I.. CLas u) a) A. .— .1.•./> I a) 0 — .0 >1 . Z I— e — c3E 0M' s a >t 0 a) W 4.,4) 1— Ena igra) (1) '" Ea' o °w = cr) 4-1,„ ,.,0 E - cn .... ...,.. LLI as I- , . . . . . . . . . . . . . . . . 0 0 ; . EL 0 tEt: i ; ; ; :—: . : : : :: u):::: = w (I) :> \, . c r \ IZ 0 Cl In CO W o a. CO 43) Cl) o L G d o LU N :.: III: 2 W 0 03 Z p,. `) O E w .gt v Ct O a. F- •0 Z = w s 2 et Ects- : . . . . . . . . . . . . . . . (I) 4.. ( .. w °' z L.L. C.) O O O O 1— r ,. 2NMco co co � U) o V {f} -4f� 1, .. i N N 0 ' : .>- M p o p p (`„ tial O C O , E O p ; to cot to r ;0 / Q. 0 in 0 tU N r Cl) 03 '� 0' i 0 +. . . . a' a CIo ter > } : ca F— �..> > t� CC Q F immk - _� } '� tit J W o HE lies. (I) LI- ,nit . ''. Cl)C C o + __ ~ d) u) N 5 c t� Z W Cl) .�'` N2 M a) k * I— C ttt 41)O S tv U on c N Q :? = ram[ O ca co W N C w des a O C.. Q r„.s0 ' } > O tU 2 I Q. v 1». lies ' .'. lies ,.. .rr. lies lies lies. COrz CO V.L I.._ `� �O 0C 0) LC, N) V: CO N y, CON LC) r T... ■M 0) r- a) L L.. cc >1 ,';fir 0 co O N O a) N .L N .L CNV -a hi ,_' O 0_ r`1„r Co M CD CZN E �-► E N V N `�-- w- C) (n .0S2 .G2 0 E o a) o -E � E _ Z 1' = t" a) 3— 0 O G) c. = L2 CD .w a) N QZ C/) = 1- = COLL COt- D O 0 0 O D O 71 W I 0 J O O ca 0 CL o 1 I— Z `Q °) (/) a) 2 0 0 W u. L a) Z t ' ■ ■ Ltd`' '. H ZQ ' W W W W W W W CO CO Wt • - '�• ,.'> } } } } } } >- >- } } 1, W ` , 2 `U W CC ,,�. . 4 C _ a7, , t a : z° z° zcc z z zCC W a i Q 0 0 0 a� I us o 0 0 oo o_ W.u. �" o 0 0 0 0 0 o.1... 2-Lu o 1- c c o 0 0 0 0 iti' =" y. ;.4gva In o c z z 0 0 -r:� .... 0n �"a-;' a Z co ° ° O a W a a a. o as > > > t 0 2 o a o J 0 ! ). o ^ ca �i�. L. L. L. S. C<< CO;, a; CO CO CO l CO < z zLem. X ;,~' o >, >1 >, >, >, W 22 N 0 al , E .,.0 Z W ' .. a 0 L L N 0CC O o C C O �2 L ;lot- : c � Oa 2a • Z ° -0 > o � 't co ca ° a anEOo � EEEa, c (- O — L — Ja R :_ -00ap Od aME .1";r' E Qu) Q dL > OW Em cowco J > OOU Z ' I = 0 - 0 a • Q � Lcu-- 0 , . W J W tl lY9Fl T' d J, 1�+pg��� . ,lam ,. � y�� r air �y ` -- 4:11 • M 3° :: ,,. 4w 4 Ky V1f.. i; ;✓ .. *rt VI Y S y i a) L t- V? ,; ,,,„,,, _ CL C I= '-i + - . z >um I +.1p.,>1';':'.:,,:: '":7'1.'''11:11—,•';'17.'''', -.-c1;*Li,A.I'L.-;'-'-'---!**-'-',-;61 sir I.,. Q .� MINIM `'~'` " > 5 tf) _1 a` (f) 2000 Main Street, Huntington Beach,CA 92648 r _ City of Huntington Beach01 File #: 22-254 MEETING DATE: 8/2/2022 REQUEST FOR CITY COUNCIL ACTION SUBMITTED TO: Honorable Mayor and City Council Members SUBMITTED BY: Sean Joyce, Interim City Manager VIA: Alisa Backstrom, City Treasurer PREPARED BY: Alisa Backstrom, City Treasurer Subject: Receive and File the City Treasurer's June 2022 Quarterly Investment Summary Report Statement of Issue: Receive and File the City Treasurer's Quarterly Investment Report for June 2022, pursuant to Section 17.0 of the Investment Policy of the City of Huntington Beach. Financial Impact: Not Applicable Recommended Action: Receive and File the City Treasurer's Quarterly Investment Report for June 2022, pursuant to Section 17.0 of the Investment Policy of the City of Huntington Beach. Alternative Action(s): Deny the Quarterly Report, and direct staff accordingly. Analysis: A detailed analysis is available in the Quarterly Report, along with a high-level summary in the PowerPoint presentation. Both documents are attached. Environmental Status: Not Applicable. Strategic Plan Goal: Non Applicable - Administrative Item Attachment(s): 1. Treasurer's Quarterly Investment Report for June 2022 City of Huntington Beach Page 1 of 2 Printed on 7/27/2022 poweredlA Legistar- File #: 22-254 MEETING DATE: 8/2/2022 2. Treasurer's PowerPoint Presentation for June 2022 City of Huntington Beach Page 2 of 2 Printed on 7/27/2022 poweredlt£-Legistar- ATTACHMENT # 1 • Fg"1j'1909P ` ` CITY OF HUNTINGTON BEACH QUARTERLY INVESTMENT REPORT CITY TREASURER, ALISA BACKSTROM , MBA, CCMT, CPFIM QUARTER ENDED: !U N E 30, 2022 17 , s 4; INVESTMENT PORTFOLIO - SUMMARY: AS OF: June 30, 2022 Investment Type $ in 000's Market Value Book Value Federal Agency Issues $ 140,790 $ 147,245 Local Agency Investment Fund (LAI F) $ 259690 $ 25,690 Treasury Securities $ 749944 $ 773,907 Medium Term Notes - Supranationals $ 332552 $ 35,139 Corporate Bonds $ 262063 $ 26,862 Commercial Paper $ 41967 $ 41982 OC Investment Pool 10,607 102607 TOTAL 3169613 3289432 18 INVESTMENT PORTFOLIO - INVESTMENTS BY TYPE: 44% 3% 8% 24% 11% 8% 2% :N: :: ::. Federa#�A. enc�es:� ���: O Invest ent-Poo1: Cor orate-Bonds 0: j s.� �:�.� �:� �: :� 9 p a �. . INT �.'Su r s: Go:m nercial: 'a: er: . . . .:.:. :... p p 19 .71. , INVESTMENT PORTFOLIO - QUARTERLY ACTIVITY (APRIL JUNE): ($ in 000's) Federal Agency Issues $20,000 LAI F $23,006 Commercial Paper $10,000 Treasury Securities $12,000 OC Investment Pool $ 33 TOTAL $65,039 ($ in 000's) Federal Agency Issues $ 5,000 LAI F $ 3,000 Corporate Bonds $20,000 Commercial Paper $ 8,000 OC Investment Pool $ 2 TOTAL $36,002 20 D June 2022: �336,651 Gurrent Year - Month D vs. budget: $100,000 D Through o6130/22: $3,495,631 Current Fiscal Year-to-date D vs. bud et:g $1 ,200,000 D June 2022: 1 .22% Effective Rate of Return ° D Fiscal Year-to-date: 1 .19 /° Benchmark D June 2022: 1 .06% D 12-month moving average 1 .5-year Treasury INTEREST RATES - US TREASURY RATES JAN UARY 1, 2022 - J U N E 30, 2022: FW.�, —Marta wonU.S.Tmasmy Qvwdonintves wtBws . —IdarketYiddanU.S.ireuury5ecunaesat3Ye�CmstantAtetu1ry,pwkdonnalnvesVnenlBazs 35 1 3.0 �''/� 3.5 LS 1 V `.. 30 /V E z °u `m 20 2 Lr a a 15 20 to IS 05 1.0 20�'-0E-iP 2022At-26 :0'_n-0:-&7 20Il4c21 ;+ 4W 2WWl S'i 444 20=411 1021-05-02 20224616 ?M-" IM43 20 427 2M41.1s =4247 2OZ242-21 24214087 20621 20224N 2M44-11 ?22-M 2P-iW 2M45.30 Z0*4 202Mr Spa*ME IS,rn KRIS SGYRE.RAG MGove f n ItO Fedn,Rwme Syit m iUS I ',M.l*WsW,6TJ WLM arm Mil?U S.,'e 9��tS. Sc,rce,tall Of G v Tm of the F.,VJ RESffY?St3t?n iUS Qd.S70UifFd.Gl9 2-year US Treasury 5-year US Treasury 2.92% 3.01% at 6/30 at 6/30 22 SELECTED INVESTMENT POLICY COMPLIANCE REQUIREMENTS: MAXIMUM SPECIFIED INVESTMENT TYPE MAXIMUM % O F PO RTFO LIO/ MINIMU M Q UALITY IN MATURITY MAXIMUM PER REQUIREMENTS COMPLIANCE? ISSUER U.S. Treasury 5 years None None YES Obligations U.S. Government 5 years None None YES Agency Obligations Supranationals 5 years 10% "AA" Rating YES Corporate Notes 5 years 30%/10% "A" Rating YES Local Agency Investment Fund N/A Up to $75,000,000 None LAIF YES Orange County Investment Pool N/A Up to $75,000,000 None OCIP YES Maximum Maturities INo more than 50% of portfolio maturing over 4years. YES (Requirements are at purchase) 23 SUMMARY: ■Safety - No principal losses ■ Liquidity - Sufficient funds for operations ■ Market rate of return - 1.22% .dune, 1.19% Fiscal Year-to-date {upward trend} ■ Prudently managed - ,No, compliance issues •Positive contributor to City - Ea m ings of '' , , 1 fiscal year 2021-22 to be utilized for operating and other expenses 24 City of Huntington Beach City of Huntington Beach 2000 Main St. Portfolio Management Huntington Beach, Portfolio Summary 11 April 30, 2022 Par Market Book %of Days to YTM YTM Investments Value Value Value Portfolio Term Maturity 360 Equiv. 365 Equiv. Federal Agency Issues-Coupon 132,225,000.00 126,152,302.00 132,221,217.64 44.13 1,484 1,011 1.229 1.246 Local Agency Investment Funds 5,690,330.58 5,690,330.58 5,690,330.58 1.90 1 1 0.516 0.523 Treasury Securities-Coupon 66,000,000.00 63,338,610.00 66,094,118,47 22.06 1,171 938 1.129 1.145 Medium Tenn Notes-Supras 35,000,000.00 33,634,770.00 35,164,108.66 11.74 1,464 835 1.006 1.020 Corporate Bonds 41,684,000.00 41,190,357.56 41,919,300.46 13.99 1,186 427 1.848 1.874 Commercial Paper Disc.-Amortizing 8,000,000.00 7,955,410.00 7,965,485.28 2.66 149 119 1.230 1.247 ORANGE COUNTY POOL 10,589,594.18 10,589,594.18 10,589,594A8 3.53 1 1 0.540 0.547 299,188,924.76 288,551,374.32 299,644,155.27 100.00% 1,255 814 1.229 1.246 Investments Total Earnings April 30 Month Ending Fiscal Year To Date Fiscal Year Ending Current Year 321,230.66 2,805,126.37 Current Budget 100,000.00 1,000,000.00 1,200,000.00 Last Year Actual 254,963.45 2,864,509.68 3,403,369.60 Average Daily Balance 301,970,642.81 285,696,091.97 Effective Rate of Return 1.29% 1.18% 1 certify that this report accurately reflects all City pooled investments and is in conformity with all State laws and the investment policy statement filed with the City Council on February 1,2021.A copy of this policy is available at the office of the City Clerk.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations. Market Values provided by US Bank Custody. L zz Alisa Backstrom,CITY TREASURER Reporting period 04101/2022-0413012022 Portfolio CITY AP Run Date:0725/2022-11:06 PM(PRF PM 1)7.3.11 Report Ver.7.3.11 25 City of Huntington Beach Portfolio Management Page 1 Portfolio Details - Investments April 30, 2022 Average Purchase Stated YTM Days to Maturity CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate S&P 366 Maturity Date Federal Agency Issues-Coupon 3133ECHX5 4292 Federal Farm Credit Bank 05/23/2019 5,000,000.00 4,977,350.00 5,002,097.57 2.260 AA 2.236 682 03/13/2024 3133EKTG1 4296 Federal Farm Credit Bank 07/01/2019 5,000,000.00 5,008,650.00 4,999,430.56 1.750 1.821 61 07/01/2022 313383QR5 4281 Federal Home Loan Bank 12/20/2018 5,000,000.00 5,051,850.00 5,026,220.01 3.250 2.743 404 06/09/2023 3130AFWX1 4285 Federal Home Loan Bank 02/26/2019 5,000,000.00 5,015,100.00 5,000,000.00 2.550 2.550 394 05/30/2023 313OAKN36 4320 Federal Home Loan Bank 01/15/2021 5,000,000.00 4,605,800.00 4,996,294,44 0.525 0.545 1,355 01/15/2026 3130AKN85 4321 Federal Home Loan Bank 01/20/2021 5,000,000.00 4,566,600.00 4.998,140.28 0.550 0.560 1,360 01/20/2026 313OAKUS3 4322 Federal Home Loan Bank 01/28/2021 5,000,000.00 4,563,350.00 5,000,000.00 0.500 0.500 1,368 01/28/2026 3130AMDL3 4327 Federal Home Loan Bank 05/25/2021 5,000,000.00 4,677,250.00 5,000,000.00 0.800 0.800 1.181 07/25/2025 3130AMJN3 4328 Federal Home Loan Bank 05/26/2021 5,000,000.00 4,657,450.00 5,000.000.00 1.030 1.030 1,486 05/26/2026 3130AMQ54 4331 Federal Home Loan Bank 06/16/2021 5,000,000.00 4,643,400.00 5,000,000.00 0.700 0.700 1,234 09/16/2025 3130AMQ62 4332 Federal Home Loan Bank 06/14/2021 5,000,000.00 4,689,650.00 5,000,000.00 0.625 0.625 1,048 03/14/2025 3130ALEY6 4333 Federal Home Loan Bank 06/10/2021 5,000,000.00 4,576,550.00 5,000,000.00 0.800 0.800 1,403 03/04/2026 3130AMW65 4334 Federal Home Loan Bank 06/30/2021 5,000,000.00 4,723,350.00 5.000,000.00 0.500 0.500 974 12/30/2024 3130AMFS6 4335 Federal Home Loan Bank 06/17/2021 5,000,000.00 4,559,550.00 4,975,247.91 0.750 0.873 1,503 06/1212026 3130AMXJ6 4336 Federal Home Loan Bank 06/30/2021 5,000,000.00 4,734,850.00 5,000,000.00 0.500 0.500 883 09/30/2024 313OAQ3C5 4344 Federal Home Loan Bank 12/02/2021 4,000,000.00 3,852,800.00 4,000,000.00 1.000 1.000 850 08/28/2024 313OAQ5S8 4345 Federal Home Loan Bank 12/30/2021 4,650,000.00 4,442,610.00 4,650,009.00 1.250 1.250 1,156 06/30/2025 313OAQD59 4346 Federal Home Loan Bank 12/30/2021 5,000,000.00 4,812,000.00 5,000,000.00 1.000 1.000 883 09/30/2024 313OAQ7E7 4347 Federal Home Loan Bank 12130/2021 5,000,000.00 4,756,600.00 5,001,850.62 1.500 1.491 1,521 06/30/2026 313OAQD42 4348 Federal Home Loan Bank 12/28/2021 5,000,000.00 4,809,900.00 5,000,000.00 0.920 0.920 789 06/28/2024 313OAQD59 4349 Federal Home Loan Bank 12/30/2021 5.000,000.00 4,812.000.00 5,000,000.00 1.000 1.000 883 09/30/2024 313OAQS79 4356 Federal Home Loan Bank 02/07/2022 5,000.000.00 4,770,400.00 5,000,000.00 1.375 1.755 1,559 08/07/2026 313OAQT94 4360 Federal Home Loan Bank 03/04/2022 4,575,000.00 4.392,732.00 4.543,338.92 1.600 1.816 1,215 08/28/2025 3137EAEN5 4287 Federal Home Loan Mort Corp 03/08/2019 3,000,000.00 3,014,100.00 3,009,610.90 2.750 2.450 414 06/19/2023 3137EAEN5 4288 Federal Home Loan Mort Corp 03/14/2019 3,000,000.00 3,014,100.00 3,010,039.19 2.750 2.437 414 06/19/2023 3135GOU43 4289 Fed.Nat'l Mort.Assoc. 03/15/2019 5,000,000.00 5,026,550.00 5,026,295.98 2.875 2.465 499 09/12/2023 3135GA2Z3 4318 Fed.Nat'l Mort.Assoc. 01/11/2021 3,000,000.00 2,761,560.00 3,002,411.68 0.560 0.537 1,296 11/17/2025 3135GO4Z3 4329 Fed.Natl Mort.Assoc. 05/14/2021 5,000,000.00 4,636,200.00 4,980,239.58 0.500 0.628 1,143 06/17/2025 Subtotal and Average 132,222,660.01 132,225,000.00 126,152,302.00 132,221,217.64 1.246 1,011 Local Agency Investment Funds SYS982 982 Laif City 5,690,330.58 5,690,330.58 5,690,330.58 0.523 0.523 1 Subtotal and Average 5,687,492.51 5,690,330.58 5,690,330.68 5,690,330.58 0.523 1 Portfolio CITY AP Run Date:07/26/2022-11:06 PM(PRF_PM2)7.3.11 Report Ver.Z3.11 City of Huntington Beach Portfolio Management Page 2 Portfolio Details -Investments April 30, 2022 Average Purchase Stated YTM Days to Maturity CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate S&P 366 Maturity Date Treasury Securities-Coupon 912828YH7 4298 US Treasury Notes 12/05/2019 5,000,000.00 4,845,500.00 4,988,968.77 1.500 AAA 1.595 883 09/30/2024 912828P79 4299 US Treasury Notes 12/05/2019 3,000,000.00 2,987,940.00 2,998,196.05 1,500 AAA 1.574 303 02/28/2023 91282CAB7 4330 US Treasury Notes 05119/2021 5,000,000.00 4,586,550.00 4,941,501.17 0,250 0.615 1,187 07/31/2025 91282CCW9 4339 US Treasury Notes 09/23/2021 1,000,000.00 910,700.00 994,073,63 0.750 0.890 1,583 08/31/2026 91282CAJO 4340 US Treasury Notes 09/27/2021 5,000,000.00 4,576,150.00 4,920,371.34 0.250 0.735 1,218 08/31/2025 91282CCP4 4341 US Treasury Notes 09/30/2021 5.000,000.00 4,535,150.00 4,932,634.93 0.625 0.950 1,552 07/31/2026 91282CCW9 4342 US Treasury Notes 11/23/2021 5,000,000.00 4,553,500.00 4,887,829.18 0.750 1.285 1,583 08/31/2026 912828YM6 4350 US Treasury Notes 12/31/2021 3,000,000.00 2,902,500.00 3,042,838.78 1.500 0.920 914 10/31/2024 9128284ZO 4351 US Treasury Notes 12/31/2021 5,000,000.00 4,971,100.00 5,268,160.12 2.750 1A03 1,218 08/31/2025 912828S92 4352 US Treasury Notes 01/14/2022 5,000,000.00 4,930,450.00 5,033,531.79 1.250 0.711 456 07/31/2023 912828Y87 4353 US Treasury Notes 01/14/2022 5,000,000.00 4,887,900.00 5,080,076.43 1.750 1.028 822 07/31/2024 9128282D1 4354 US Treasury Notes 01/21/2022 5,000,000.00 4,930,850.00 5,031,111.58 1.375 0.903 487 08/31/2023 91282CCN9 4357 US Treasury Notes 02/02/2022 5,000,000.00 4,861,150.00 4,946,300.55 0.125 0.991 456 07/31/2023 912828Y87 4358 US Treasury Notes 02/11/2022 4,000,000.00 3,910,320.00 4,013,611.81 1.750 1.595 822 07/31/2024 912828D56 4361 US Treasury Notes 03/22/2022 5,000,000.00 4,948,850.00 5,014,912.34 2,375 2.240 837 08/15/2024 Subtotal and Average 66,096,545.32 66,000,000.00 63,338,610.00 66,094,118.47 1.145 938 Medium Term Notes-Supras 45818WBX3 4290 Inter-American Dev.Bank 03/28/2019 4,000,000.00 4,017,680.00 4,027,697.73 2.870 2.270 445 07/20/2023 45818WBYI 4291 Inter-American Dev.Bank 03/28/2019 5,000,000.00 5,027,200.00 5,042,124.05 2.960 2.271 472 08/16/2023 45818WCT1 4312 Inter-American Dev.Bank 04/29/2020 6,000,000.00 5,977,140.00 6,046,661.05 1.600 0.550 274 01/30/2023 459058J1-8 4319 Intl Bk Recon&Development 01/12/2021 5,000,000.00 4,586,850.00 4,997,997.25 0.500 AAA 0.512 1,276 10/28/2025 459056HV2 4323 Intl Bk Recon&Development 04/23/2021 5,000,000.00 4,850,100.00 5,123,917.68 1.500 AAA 0.425 850 08/28/2024 45906M21-4 4324 Intl Bk Recon&Development 04/30/2021 5,000,000.00 4,574,950.00 4,968,984.20 0.650 AAA 0.870 1,395 02/24/2026 459058JE4 4338 In0 Bk Recon&Development 07/30/2021 5,000,000.00 4,600,850.00 4,966,726.70 0.376 AAA 0.584 1,184 07/28/2025 Subtotal and Average 36,170,129.27 35,000,000.00 33,634,770.00 36,164,108.66 1.020 836 Corporate Bonds 037833DE7 4313 Apple Inc. 04/29/2020 5,000,000,00 5,014,700.00 5,056,350.72 2.400 0.720 257 01/13/2023 14913R2P1 4343 Caterpillar Financial Corp. 12/02/2021 5,000,000.00 4,725,050.00 4,955,697.70 0.600 0.980 866 09/13/2024 166764AH3 4294 Chevron Corp 05/24/2019 5,000,000.00 5,023,000.00 5,033,854.76 3.191 AA 2.528 419 06/24/2023 254687CR5 4300 Disney 12/16/2019 2,875,000.00 2,910,190.00 2,950,192.31 4.000 2.070 518 10/01/2023 459200HG9 4274 IBM Corp 09/28/2018 3,000,000.00 2,996,370.00 2,989,945.77 1.875 A 3.257 92 08/01/2022 67066GALS 4355 Nvidia 01/24/2022 5,000,000.00 4,758,350.00 4,930,664.59 0.584 1.250 775 06/14/2024 713448CX4 4280 PEPSICO INC 12/21/2018 5,000,000.00 5,002.400.00 4,999,400.16 3.100 3.160 77 07/17/2022 904764AW7 4286 Unilever 03/01/2019 5,000,000.00 5,000,300.00 4,999.681.64 2.200 2.802 4 05/05/2022 Portfolio CITY AP Run Date:07125/2022-11:06 PM(PRF_PM2)7.3.11 27 City of Huntington Beach Portfolio Management Page 3 Portfolio Details -Investments April 30, 2022 Average Purchase Stated YTM Days to Maturity CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate S&P 366 Maturity Date Corporate Bonds 90331 HNVI 4306 US Bank NA Cincinnati 02/21/2020 2,000,000.00 2,016,360.00 2,040,175.39 3.400 AA 1.671 449 07/24/2023 91159HHX1 4325 US Bank NA Cincinnati 04/30/2021 3,809,000.00 3,743,637.56 3,963,337.42 2.400 0.528 821 07/30/2024 Subtotal and Average 44,255,590.10 41,684,000.00 41,190,367.56 41,919,30OA6 1.874 427 Commercial Paper Disc.-Amortizing 62479MFVO 4362 MUFG Bank Ltd/NY 03/31/2022 3,000,000.00 2,995,410.00 2,995,624.17 0.890 0.904 59 06/29/2022 62479MK36 4363 MUFG Bank Ltd/NY 04/01/2022 5,000,000.00 4,960,000.00 4,969,861.11 1,400 1A53 155 10/03/2022 Subtotal and Average 7,961,590.42 8,000,000.00 7,965,410.00 7,965,485.28 1.247 119 ORANGE COUNTY POOL OCP1 01 Orange County Invest Pool 10,589,594.18 10,589,594.18 10,589,594.18 0.547 0.547 1 Subtotal and Average 10,676,635.18 10,689,594.18 10,689,594.18 10,689,694.18 0.647 1 US Bank Sweep First AM Gov FAM1 02 First American 08/01/2021 0.00 0.00 0.00 0,020 0.020 1 Subtotal and Average 0.00 0.00 0.00 0.00 0.000 0 Total and Average 301,970,642.81 299,188,924.76 288,651,374.32 299,644,155.27 1.246 814 Portfolio CITY AP Run Date:0725/2022-11:06 PM(PRF_PM2)7.3.11 28 City of Huntington Beach Portfolio Management Page 4 Portfolio Details -Cash April 30, 2022 CUSIP Investment# Issuer Average Purchase Stated YTM Days to Balance Date Par Value Market Value Book Value Rate S&P 366 Maturity Average Balance 0.00 0 Total Cash and Investments 301,970,642.81 299,188,924.76 288,551,374.32 299,644,155.27 1.246 814 Portfolio CITY AP Run Date:07M2022-11:06 PM(PRF PM2)7.3.11 29 City of Huntington Beach Portfolio Management Page 1 Activity By Type April 1, 2022 through April 30, 2022 Stated Transaction Purchases Redemptions CUSIP Investment# Issuer Rate Date or Deposits or Withdrawals Balance Federal Agency Issues-Coupon Subtotal 132,221,217.64 Local Agency Investment Funds (Monthly Summary) SYS982 982 Laif City 0.523 6,081,57 0.00 Subtotal 6,081.57 0.00 6,690,330.58 Treasury Securities-Coupon Subtotal 66,094,118.47 Medium Term Notes-Supras Subtotal 35,164,108.66 Corporate Bonds 882506BAl 4279 Texas Instruments Inc 1.850 04/15/2022 0.00 4,995,185.05 Subtotal 0.00 4,995,185.05 41,919,300.46 Commercial Paper Disc.Amortizing 62479MK36 4363 MUFG Bank Ltd/NY 1.400 04/01/2022 4,964,027.78 0.00 Subtotal 4,964,027.78 0.00 7,966,486.28 ORANGE COUNTY POOL (Monthly Summary) OCP1 01 Orange County Invest Pool 0.547 14,952.69 982.87 Subtotal 14,952.69 982.87 10,689,594.18 US Bank Sweep First AM Gov (Monthly Summary) Subtotal 0.00 Total 4,985,062.04 4,996,167.92 299,644,155.27 Portfolio CITY AP Run Date:0725/2022-11:06 PM(PRF_PM3)7.3.11 Report Ver.7.3.11 30 City of Huntington Beach Portfolio Management Page 1 Interest Earnings Summary April 30, 2022 April 30Month Ending Fiscal Year To Date CD/Coupon/Discount Investments: Interest Collected 108,540.00 2,589,332.73 Plus Accrued Interest at End of Period 1,019,601.09 1,019,601.09 Less Accrued Interest at Beginning of Period ( 798,062.29) ( 764,664,92) Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period 330,078.80 2,844,268.90 Adjusted by Premiums and Discounts -21,929.04 -264,850.98 Adjusted by Capital Gains or Losses 4,814.95 -5,267.17 Earnings during Periods 312,964.71 2,574,150.75 Pass Through Securities: Interest Collected 0.00 0.00 Plus Accrued Interest at End of Period 0.00 0.00 Less Accrued Interest at Beginning of Period ( 0.00) ( 0.00) Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period 0.00 0.00 Adjusted by Premiums and Discounts 0.00 0.00 Adjusted by Capital Gains or Losses 0.00 0.00 Earnings during Periods 0.00 0.00 Cash/Checking Accounts: Interest Collected 21,034.26 339,257.26 Plus Accrued Interest at End of Period -34,158.43 -34,158.43 Less Accrued Interest at Beginning of Period ( -21,390.12) ( 74,123.21) Interest Earned during Period 8,265.95 230,975.62 Total Interest Earned during Period 338,344.75 3,075,244.52 Total Adjustments from Premiums and Discounts -21,929.04 -264,860.98 Total Capital Gains or Losses 4,814.95 -5,267.17 Total Earnings during Period 321,230.66 2,805,126.37 Portfolio CITY AP Run Date:07/25/2022-11:06 PM(PRF_PM6)7.3.11 Report Ver.7.3.11 31 �Q��r��"ESTMtyq State of California w e Pooled Money Investment Account Market Valuation �4 4/30/2022 Carrying Cost Plus Description Accrued Interest Purch. Fair Value Accrued Interest United States Treasury: Bills $ 53,275,095,471.58 $ 53,201,486,000.00 NA Notes $ 101,092,401,017.47 $ 98,748,241,000.00 $ 184,438,357.50 Federal Agency: SBA $ 325,136,045.55 $ 325,633,741.49 $ 137,267.38 MBS-REMICs $ 5,302,655.98 $ 5,408,333.67 $ 24,107.44 Debentures $ 9,067,824,774.36 $ 8,927,129,350.00 $ 9,385,293,80 Debentures FR $ - $ - $ - Debentures CL $ 1,000,000,000.00 $ 971,224,000.00 $ 1,453,916.00 Discount Notes $ 27,920,384,110.92 $ 27,879,681,000.00 NA Su ranational Debentures $ 2,115,238,528.33 $ 2,044,573,000.00 $ 4,051,723.00 Su ranational Debentures FR $ - $ - $ - CDs and YCDs FR $ - $ - $ - Bank Notes $ - $ - $ - CDs and YCDs $ 13,335,000,000.00 $ 13,315,141,876.03 $ 13,016,183.34 Commercial Paper $ 11,958,500,472.11 $ 11,954,531,525.06 NA Corporate: Bonds FR $ - $ - $ - Bonds $ 424,349,911.03 $ 405,100,890.00 $ 2,127,189.33 Re urchase Agreements $ - $ - $ - Reverse Repurchase $ - $ - $ - Time Deposits $ 4,229,000,000.00 $ 4,229,000,000.00 NA PMIA&GF Loans $ 756,896,000.00 $ 756,896,000.00 NA TOTAL $ 225,505,128,987.33 $ 222,764,046,716,25 $ 214,634,037.79 Fair Value Including Accrued Interest $ 222,978,680,754.04 Repurchase Agreements, Time Deposits, PMIA&General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value (carrying cost). 32 Statement of Cash Receipts and Disbursements and Summary of Cash by Fund Finance Department 40, April 2022 Cash Receipts and Disbursements March 2022 April 2022 Receipts General Fund Property Tax $ 4,542,358 $ 20,940,879 Local Sales Tax 3,601,263 3,476,893 Public Safety Sales Tax 312,313 206,845 Transient Occupancy Tax(TOT) 852,125 1,547,490 Utility Users Tax(UUT) 1,775,334 1,647,701 Other Revenue 6,235,951 6,249,692 Total General Fund Revenue 17,319,345 34,069,500 Total All Other Funds Revenue 15,001,011 19,329,250 Total Receipts $ 32,320,356 $ 53,398,750 Disbursements General Fund Personnel Services (12,230,806) (9,941,857) Operating Expenses (3,213,471) (4,292,608) Capital Expenditures - (22) Non-Operating Expenses (4,208) (266,558) Total General Fund Disbursements (15,448,485) (14,501,046) Total All Other Funds Disbursements (16,109,562) (19,722,256) Total Disbursements (31,558,048) (34,223,302) Net Change in Cash Flow $ 762,308 $ 19,175,447 Summary of Cash by Fund March 2022 April 2022 General Fund $ 91,061,550 $ 110,630,003 General Fund Other 3,927,496 3,218,923 Capital Projects Funds 23,481,033 24,866,966 Debt Service Funds 35,051,475 35,676,493 Enterprise Funds 77,382,316 77,837,550 Trust and Agency Funds 5,408,120 7,131,898 Internal Service Funds 23,856,246 25,090,155 Special Revenue Funds 54,188,702 49,080,397 General Ledger Cash Balances $ 314,356,937 $ 333,532,384 Total cash will differ from investment portfolio total due to outstanding checks and/or other timing differences. Note: Above information was obtained from the City's accounting system records.The above information includes receipts from maturing investments and payments for purchased investments in the city investment portfolio.This statement is prepared in compliance with the City's Charter. 33 City of Huntington Beach City of Huntington Beach 2000 Main St. Portfolio Management Huntington Beach, Portfolio Summary IGO May 31, 2022 Par Market Book %of Days to YTM YTM Investments Value Value Value Portfolio Tenn Maturity 360 Equiv. 365 Equiv. Federal Agency Issues-Coupon 142,225,000.00 136,824,386.75 142,254,571.53 41.79 1,401 932 1.274 1.292 Local Agency Investment Funds 24,690,330.58 24,690,330.58 24,690,330.58 7.25 1 1 0.675 0.684 Treasury Securities-Coupon 78,000,000.00 76,507,680.00 77,904,512.82 22.88 1,112 885 1.350 1.368 Medium Tenn Notes-Supras 35,000,000.00 33,768,840.00 35,151,652.21 10.33 1,465 804 1.006 1.020 Corporate Bonds 26,684,000.00 26,244,420.00 26,874,425.98 7.89 1,111 541 1.321 1.340 Commercial Paper Disc.-Amortizing 13,000,000.00 12,965,150.00 12,973,256.66 3.81 103 56 1.064 1.079 Federal Agency Disc.-Amortizing 10,000,000.00 9,991,000.00 9,992,173.62 2.94 58 35 0.761 0.772 ORANGE COUNTY POOL 10,596,197.55 10,596,197.55 10,596,197.55 3.11 1 1 0.629 0.638 340,195,528.13 330,588,004.88 340,437,120.95 100.00% 1,085 721 1.181 1.197 Investments Total Earnings May 31 Month Ending Fiscal Year To Date Fiscal Year Ending Current Year 353,854.07 3,158,980.44 Current Budget 100,000.00 1,100,000.00 1,200,000.00 Last Year Actual 264,851.32 3,129,361.00 3,403,369.60 Average Daily Balance 326,807,995.82 289,407,939.79 Effective Rate of Return 1.28% 1.19% 1 certify that this report accurately reflects all City pooled investments and is in conformity with all State laws and the investment policy statement filed with the City Council on February 1,2021.A copy of this policy is available at the office of the City Clerk.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations. Market Values provided by US Bank Custody. -7 . _ ^i 2 Alisa Backstrom,CITY TREASURER Reporting period 0610112022-0513112022 Portfolio CITY AP Run Date:07/25/2022-11:0B PM(PRF PM1)7.3.11 Report Ver.7.3.11 34 City of Huntington Beach Portfolio Management Page 1 Portfolio Details -Investments May 31, 2022 Average Purchase Stated YTM Days to Maturity CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate S&P 366 Maturity Date Federal Agency Issues-Coupon 3133ECHX5 4292 Federal Farm Credit Bank 05/23/2019 5,000,000.00 4,977,050,00 5,002,003.93 2.260 AA 2.236 551 03/13/2024 3133EKTG1 4296 Federal Farm Credit Bank 07/01/2019 5,000,000.00 5,003,300.00 4,999,715.28 1.750 1.821 30 07/01/2022 313383QR5 4281 Federal Home Loan Bank 12/20/2018 5,000,000.00 5,054,300,00 5,024,243.63 3.250 2.743 373 06/09/2023 3130AFWX1 4285 Federal Home Loan Bank 02/26/2019 5,000,000.00 6,014,900.00 5,000,000.00 2.550 2.550 363 05/30/2023 313OAKN36 4320 Federal Home Loan Bank 01/15/2021 5,000,000.00 4,637,500.00 4,996,377.78 0.525 0.545 1,324 01/15/2026 313OAKN85 4321 Federal Home Loan Bank 01/20/2021 5.000,000.00 4,598,550.00 4,998.181,94 0.550 0.560 1,329 01120/2026 313OAKUS3 4322 Federal Home Loan Bank 01/28/2021 5,000,000.00 4,594,900.00 5,000,000.00 0.500 0.500 1,337 01/28/2026 3130AMDL3 4327 Federal Home Loan Bank 05/25/2021 5.000,000.00 4,707,650.00 5.000.000.00 O.B00 0.800 1,150 07/25/2025 3130AMJN3 4328 Federal Home Loan Bank 05/26/2021 5,000,000.00 4,688,850.00 5,000,000.00 1.030 1.030 1,455 05/26/2026 3130AMQ54 4331 Federal Home Loan Bank 06/16/2021 5,000,000.00 4,673,800.00 5,000,000.00 0.700 0.700 1,203 09/16/2025 3130AM062 4332 Federal Home Loan Bank 06/14/2021 5,000,000.00 4,720,650.00 5,000,000.00 0.625 0.625 1,017 03/14/2025 3130ALEY6 4333 Federal Home Loan Bank 06/10/2021 5,000.000.00 4,622,050.00 5,000,000,00 0.800 0.800 1,372 03/04/2026 3130AMW65 4334 Federal Home Loan Bank 06/30/2021 5,000,000.00 4.752,850.00 5,000,000.00 0.500 0.500 943 12/30/2024 3130AMFS6 4335 Federal Home Loan Bank 06/17/2021 5,000,000.00 4,588,850.00 4,975,749.30 0.750 0.873 1,472 06/12/2026 3130AMXJ6 4336 Federal Home Loan Bank 06/30/2021 5,000,000.00 4,763,100.00 5,000,000.00 0.500 0.500 852 09/30/2024 313OAQ3C5 4344 Federal Home Loan Bank 12/02/2021 4,000,000.00 3,873,280.00 4,000,000.00 1.000 1.000 819 08/28/2024 313OAQ5S8 4345 Federal Home Loan Bank 12/30/2021 4,650,000.00 4,470,370.50 4,650,000.00 1.250 1.250 1,125 06/30/2025 313OAQD59 4346 Federal Home Loan Bank 12/30/2021 5,000,000.00 4,838,250.00 5,000,000.00 1.000 1.000 852 09/30/2024 3130AQ7E7 4347 Federal Home Loan Bank 12/30/2021 5,000,000.00 4,789,700.00 5,001,813.58 1.500 1.491 1,490 06/30/2026 313OAQD42 4348 Federal Home Loan Bank 12/28/2021 5,000,000.00 4,834,750.00 5,000,000.00 0.920 0.920 758 06/28/2024 313OAQ059 4349 Federal Home Loan Bank 12/30/2021 5.000,000.00 4,838,250.00 5.000,000.00 1.000 1.000 852 09/30/2024 313OAQS79 4356 Federal Home Loan Bank 02/07/2022 5,000,000.00 4.804,500.00 5,000,000.00 1.375 1.755 1,528 08/07/2026 313OAQT94 4360 Federal Home Loan Bank 03/04/2022 4,575,000.00 4,418,306.25 4,544,132.43 1.600 1.816 1,184 08/28/2025 3133BOGJO 4367 Federal Home Loan Bank 05/09/2022 3,000,000.00 3,006,120.00 3,006,615.00 2.000 1.183 100 09/09/2022 313383MDO 4368 Federal Home Loan Bank 05/09/2022 7,000,000.00 7,029,750.00 7,029,723.08 2.625 2.201 373 06/09/2023 3137EAEN5 4287 Federal Home Loan Mort Corp 03/08/2019 3,000,000.00 3,019,440.00 3,008,904.22 2.750 2.450 383 06/19/2023 3137EAEN5 4288 Federal Home Loan Mort Corp 03/14/2019 3,000.000.00 3,019,440.00 3,009,301.02 2.750 2.437 383 06/19/2023 3135GOU43 4289 Fed.Natl Mort Assoc. 03/15/2019 5,000,000.00 5,034,050.00 5,024,689.30 2.875 2.465 468 09/12/2023 3135GA2Z3 4318 Fed.Natl Mort Assoc. 01/11/2021 3,000,000.00 2.780,280.00 3,002,354.98 0.560 0.537 1,265 11/17/2025 3135GO4Z3 4329 Fed.Nat'l Mort Assoc. 05/14/2021 5.000,000.00 4,669,600.00 4,980,766.06 0.500 0,628 1,112 06/17/2025 Subtotal and Average 139,667,048.66 142,225,000.00 136,824,386.76 142,254,571.53 1.292 932 Local Agency Investment Funds SYS982 982 Laif City 24,690,330.58 24,690,330.58 24,690,330.58 0.684 0.684 1 Subtotal and Average 16,046,169.29 24,690,330.68 24,690,330.68 24,690,330.68 0.684 1 Portfolio CITY AP Run Date:07/25/2022-11:08 PM(PRF PM2)7.3.11 Report Ver.J6.11 City of Huntington Beach Portfolio Management Page 2 Portfolio Details -Investments May 31, 2022 Average Purchase Stated YTM Days to Maturity CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate S&P 365 Maturity Date Treasury Securities-Coupon 912828YH7 4298 US Treasury Notes 12/05/2019 5,000,000.00 4,874,200.00 4,989,356.05 1.500 AAA 1.595 852 09/30/2024 912828P79 4299 US Treasury Notes 12/05/2019 3,000,000.00 2,990,850.00 2,998,380.61 1.500 AAA 1.574 272 02/28/2023 91282CAB7 4330 US Treasury Notes 05/19/2021 5,000,000.00 4,620,700.00 4,943,028.94 0.250 0.615 1,156 07/31/2025 91282CCW9 4339 US Treasury Notes 09/23/2021 1,000,000.00 917,190.00 994,189.68 0.750 0,890 1,552 08/31/2026 91282CAJ0 4340 US Treasury Notes 09/27/2021 5,000,000.00 4,609,200,00 4,922,398.01 0.250 0.735 1,187 08/31/2025 91282CCP4 4341 US Treasury Notes 09/30/2021 5,000,000.00 4,569,150.00 4,933,980.50 0.625 0.950 1,521 07/31/2026 91282CCW9 4342 US Treasury Notes 11/23/2021 5,000.000.00 4,585,950.00 4,890,025.83 0.750 1.285 1,552 08/31/2026 912828YM6 4350 US Treasury Notes 12/31/2021 3,000,000.00 2,920,200.00 3,041,385.83 1.500 0,920 883 10/31/2024 9128284ZO 4351 US Treasury Notes 12/31/2021 5,000,000.00 4,998,250.00 5,261,335.03 2.750 1.103 1,187 08/31/2025 912828S92 4352 US Treasury Notes 01/14/2022 5,000.000.00 4,943,550.00 5,031,252.22 1.250 0.711 425 07/31/2023 912828Y87 4353 US Treasury Notes 01/14/2022 5,000,000.00 4,914,250.00 5,077,056.51 1.750 1.028 791 07/31/2024 9128282131 4354 US Treasury Notes 01/21/2022 5,000,000.00 4,946,300.00 5.029,131.18 1.375 0.903 456 08/31/2023 91282CCN9 4357 US Treasury Notes 02/02/2022 5,000.000.00 4,880,450.00 4,949,951.17 0.125 0.991 425 07/31/2023 912828Y87 4358 US Treasury Notes 02/11/2022 4,000,000.00 3,931,400.00 4,013,098.47 1.750 1.595 791 07/31/2024 9128281356 4361 US Treasury Notes 03/22/2022 5,000,000.00 4,974,800.00 5,014,360.03 1375 2.240 806 08/15/2024 9128286Z8 4364 US Treasury Notes 05/02/2022 7,000,000.00 6,887,090.00 6,862,151.39 1.750 2.730 760 06/30/2024 912828XX3 4370 US Treasury Notes 05/27/2022 5,000,000.00 4,944,150.00 4,953,431.37 2.000 2.462 760 06/30/2024 Subtotal and Average 73,628,607.87 78,000,000.00 75,507,680.00 77,904,512.82 1.368 886 Medium Term Notes-Supras 45818WBX3 4290 Inter-American Dev.Bank 03/28/2019 4,000,000.00 4,022.320.00 4,025,804.95 2.870 2.270 414 07/20/2023 45818WBY1 4291 Inter-American Dev.Bank 03/28/2019 5,000,000.00 5,033,400.00 5,039,406.37 2.960 2.271 441 08/16/2023 4581BWCT1 4312 Inter-American Dev.Bank 04/29/2020 6,000,000.00 5,983,920.00 6,041,457.21 1.600 0.550 243 01/30/2023 459058JLB 4319 Intl Bk Recon&Development 01/12/2021 5,000,000.00 4,621.400.00 4,998,045.05 0.500 AAA 0.512 1,245 10/28/2025 459056HV2 4323 Intl Bk Recon&Development 04/23/2021 5,000,000.00 4,873,200.00 5,119,476.18 1.500 AAA 0.425 819 08/28/2024 45906M21-4 4324 Intl Bk Recon&Development 04/30/2021 5,000.000.00 4,600,800.00 4,959,880.39 0.650 AAA 0.870 1,364 02/24/2026 459058JE4 4338 Intl Bk Recon&Development 07/30/2021 5,000,000.00 4,633,800.00 4,967,582.06 0.376 AAA 0.584 1,153 07/28/2025 Subtotal and Average 36,167,488.99 35,000,000.00 33,768,840.00 35,161,652.21 1.020 804 Corporate Bonds 037833DE7 4313 Apple Inc. 04/29/2020 5,000,000.00 5,009,950.00 5,049,642.30 2.400 0.720 226 01/13/2023 14913R2P1 4343 Caterpillar Financial Corp. 12/02/2021 5,000,000.00 4,748,650.00 4,957,257.64 0.600 0.980 835 09/13/2024 254687CR5 4300 Disney 12/16/2019 2,875,000.00 2,912,202.50 2,945,769.23 4.000 2.070 487 10/01/2023 459200HG9 4274 IBM Corp 09/28/2018 3,000,000.00 3,001,050.00 2,993,297.18 1.875 A 3.257 61 08/01/2022 67066GAL8 4355 Nvidia 01/24/2022 5,000,000.00 4,793,600.00 4,933,390.76 0.584 1.250 744 06/14/2024 90331 HNV1 4306 US Bank NA Cincinnati 02/21/2020 2,000,000.00 2,017,580.00 2,037,454.71 3A00 AA 1.671 418 07/24/2023 Portfolio CITY AP Run Date:07/2512022-11:08 PM(PRF PM2)7.3.11 36 City of Huntington Beach Portfolio Management Page 3 Portfolio Details - Investments May 31, 2022 Average Purchase Stated YTM Days to Maturity CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate S&P 365 Maturity Date Corporate Bonds 91159HHX1 4325 US Bank NA Cincinnati 04/30/2021 3,809,000.00 3,761,387.50 3,957,614.16 2.400 0.528 790 07130/2024 Subtotal and Average 31,729,210.76 26,684,000.00 26,244,420.00 26,874,425.98 1.340 641 Commercial Paper Disc.-Amortizing 62479MFVO 4362 MUFG Bank Ltd/NY 03/31/2022 3,000,000.00 2,997,750.00 2,997,923.33 0.890 0.904 28 06/29/2022 62479MK36 4363 MUFG Bank Ltd/NY 04/01/2022 5,000,000.00 4,967,950.00 4,975,888.89 1.400 1.453 124 10/03/2022 62479MF65 4365 MUFG Bank Ltd/NY 05/09/2022 5,000,000.00 4,999,450.00 4,999,444.44 0.800 0.812 5 06/06/2022 Subtotal and Average 11,678,141A8 13,000,000.00 12,966,160.00 12,973,256.66 1.079 56 Federal Agency Disc.-Amortizing 313385YJS 4366 Federal Home Loan Bank 05/09/2022 5,000,000.00 4,997,750.00 4,998,194.45 0,650 AAA 0.669 20 06/21/2022 313385ZRO 4369 Federal Home Loan Bank 05/09/2022 5,000,000.00 4,993,250.00 4,993,979.17 0.850 AAA 0.875 51 07/22/2022 Subtotal and Average 7,411,847.90 10,000,000.00 9,991,000.00 9,992,173.62 0.772 35 ORANGE COUNTY POOL OCP1 01 Orange County Invest Pool 10,596,197.55 10,596,197.55 10,596,197.55 0.638 0.638 1 Subtotal and Average 10,590,480.87 10,696,197.56 10,696,197.55 10,596,197.56 0.638 1 US Bank Sweep First AM Gov FAM1 02 First American 08/01/2021 0.00 0.00 0.00 0.020 0.020 1 Subtotal and Average 0.00 0.00 0.00 0.00 0.000 0 Total and Average 326,807,995.82 340,195,528.13 330,688,004.88 340,437,120.95 1.197 721 Portfolio CITY AP Run Date:07/2512022-11:08 PM(PRF_PM2)7.3.11 37 City of Huntington Beach Portfolio Management Page 4 Portfolio Details -Cash May 31, 2022 Average Purchase Stated YTM Days to CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate S&P 365 Maturity Average Balance 0.00 0 Total Cash and Investments 325,807,995.82 340,195,628.13 330,588,004.88 340,437,120.96 1.197 721 Portfolio CITY AP Run Date:07/25/2022-11:D8 PM(PRf PM2)7.3.11 38 City of Huntington Beach Portfolio Management Activity BY Type e Page 1 May 1, 2022 through May 31, 2022 Stated Transaction Purchases Redemptions CUSIP Investment# Issuer Rate Date or Deposits or Withdrawals Balance Federal Agency Issues-Coupon 3133BOGJO 4367 Federal Home Loan Bank 2.000 05/09/2022 3,008,100.00 0.00 313383MDO 4368 Federal Home Loan Bank 2.625 05/09/2022 7,031,500.00 0.00 Subtotal 10,039,600.00 0.00 142,254,571.63 Local Agency Investment Funds (Monthly Summary) SYS982 982 Laif City 0,684 19,000,000.00 0.00 Subtotal 19,000,000.00 0.00 24,690,330.58 Treasury Securities-Coupon 9128286Z8 4364 US Treasury Notes 1.750 05/02/2022 6,856,710.00 0.00 912828XX3 4370 US Treasury Notes 2.000 05/27/2022 4,953,125.00 0.00 Subtotal 11,809,836.00 0.00 77,904,512.82 Medium Term Notes-Supras Subtotal 35,151,652.21 Corporate Bonds 166764AH3 4294 Chevron Corp 3.191 05/11/2022 0.00 5,033,035.03 713448CX4 4280 PEPSICO INC 3.100 05/17/2022 0.00 4,999,526.44 904764AW7 4286 Unilever 2.200 05/05/2022 0.00 5,000,000.00 Subtotal 0.00 16,032,561.47 26,874,426.98 Commercial Paper Disc.-Amortizing 62479MF65 4365 MUFG Bank Ltd/NY 0.800 05/09/2022 4,996,888.89 0.00 Subtotal 4,996,888.89 0.00 12,973,266.66 Federal Agency Disc.-Amortizing 313385YJ9 4366 Federal Home Loan Bank 0.650 05/09/2022 4,996,118,06 0,00 313385ZRO 4369 Federal Home Loan Bank 0,850 05/09/2022 4,991,263.89 0.00 Subtotal 9,987,381.95 0.00 9,992,173.62 ORANGE COUNTY POOL (Monthly Summary) 0CP1 01 Orange County Invest Pool 0.638 7,108.90 505.53 Subtotal 7,108.90 506.53 10,696,197.55 Portfolio CITY AP Run Date:0725/2022-11:08 PM(PRF_PM3)7.3.11 Report Ver.7.3.11 39 City of Huntington Beach Portfolio Management Activity BY Type e Page 2 May 1, 2022 through May 31, 2022 Stated Transaction Purchases Redemptions CUSIP Investment# Issuer Rate Date or Deposits or Withdrawals Balance US Bank Sweep First AM Gov (Monthly Summary) Subtotal 0.00 Total 56,840,814.74 16,033,067.00 340,437,120.95 Portfolio CITY AP Run Date:07/25/2022-11:08 PM(PRF_PM3)7.3.11 40 City of Huntington Beach Portfolio Management Page 1 Interest Earnings Summary May 31, 2022 May 31Month Ending Fiscal Year To Date CD/Coupon/Discount Investments: Interest Collected 300,201.27 2,889,534.00 Plus Accrued Interest at End of Period 1,051,653.92 1,051,655.59 Less Accrued Interest at Beginning of Period ( 1,019,599.42) ( 764,664.92) Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period 332,255.77 3,176,624.67 Adjusted by Premiums and Discounts -14,782.06 -279,633.04 Adjusted by Capital Gains or Losses 20,407.15 15,139.98 Earnings during Periods 337,880.86 2,912,031.61 Pass Through Securities: Interest Collected 0.00 0.00 Plus Accrued Interest at End of Period 0.00 0.00 Less Accrued Interest at Beginning of Period ( 0.00) ( 0.00) Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period 0.00 0.00 Adjusted by Premiums and Discounts 0.00 0.00 Adjusted by Capital Gains or Losses 0.00 0.00 Earnings during Periods 0.00 0.00 Cash/Checking Accounts: Interest Collected 7,108.90 346,366.16 Plus Accrued Interest at End of Period -25,294.12 -25,294.12 Less Accrued Interest at Beginning of Period ( -34,158.43) ( 74,123.21) Interest Earned during Period 15,973.21 246,948.83 Total Interest Earned during Period 348,228.98 3,423,473.50 Total Adjustments from Premiums and Discounts -14,782.06 -279,633.04 Total Capital Gains or Losses 20,407.15 15,139.98 Total Earnings during Period 353,864.07 3,158,980.44 Portfolio CITY AP Run Date;0725/2022-11:08 PM(PRF PM6)7.3.11 Report Ver.7.3.11 41 State of California o Pooled Money Investment Account y Market Valuation 5/31/2022 Carrying Cost Plus Description Accrued Interest Purch. Fair Value Accrued Interest United States Treasury: Bills $ 49,529,238,397.29 $ 49,488,826,500.00 NA Notes $ 102,013,123,817.00 $ 100,021,677,500.00 $ 192,901,284.00 Federal Agency: SBA $ 315,292,168.08 $ 315,360,436.72 $ 133,146.58 MBS-REMICs $ 5,097,672.07 $ 5,208,914.66 $ 23,114.60 Debentures $ 9,339,541,608.83 $ 9,207,339,900.00 $ 10,573,977.25 Debentures FR $ - $ - $ - Debentures CL $ 1,100,000,000.00 $ 1,085,400,000.00 $ 2,601,417.00 Discount Notes $ 29,979,361,770.70 $ 29,960,407,000.00 NA Su ranational Debentures $ 2,215,238,528.33 $ 2,151,711,500.00 $ 4,681,224.00 Su ranational Debentures FR $ - $ - $ - CDs and YCDs FR $ - $ - $ - Bank Notes $ - $ - $ - CDs and YCDs $ 13,835,000,000.00 $ 13,818,806,856.78 $ 21,271,062.51 Commercial Paper $ 12,043,520,242.90 $ 12,049,514,547.31 NA Corporate: Bonds FR $ - $ - $ - Bonds $ 448,806,188.80 $ 431,129,370.00 $ 2,562,883.48 Repurchase Agreements $ - $ - $ - Reverse Repurchase $ - $ - $ - Time Deposits $ 4,224,000,000.00 $ 4,224,000,000.00 NA PMIA&GF Loans $ 825,022,000.00 $ 825,022,000.00 NA TOTAL $ 225,873,242,394.00 $ 223,584,404,525,47 $ 234,748,109.42 Fair Value Including Accrued Interest $ 223,819,152,634.89 Repurchase Agreements,Time Deposits, PMIA&General Fund loans,and Reverse Repurchase agreements are carried at portfolio book value(carrying cost). 42 Statement of Cash Receipts and Disbursements and Summary of Cash by Fund Finance Department 49, May 2022 Cash Receipts and Disbursements Aril 2022 May 2022 Receipts General Fund Property Tax $ 20,940,879 $ 15,540,909 Local Sales Tax 3,476,893 4,766,712 Public Safety Sales Tax 206,845 206,922 Transient Occupancy Tax(TOT) 1,547,490 1,523,037 Utility Users Tax(UUT) 1,647,701 1,654,836 Other Revenue 6,249,692 7,060,049 Total General Fund Revenue 34,069,500 30,752,465 Total All Other Funds Revenue 19,329,250 14,691,231 Total Receipts $ 53,398,750 $ 45,443,696 Disbursements General Fund Personnel Services (9,941,857) (10,696,910) Operating Expenses (4,292,608) (3,298,757) Capital Expenditures (22) (1,000) Non-Operating Expenses (266,558) (8,314) Total General Fund Disbursements (14,501,046) (14,004,981) Total All Other Funds Disbursements (19,722,256) (11,446,887) Total Disbursements (34,223,302) (25,451,868) Net Change in Cash Flow $ 19,175,447 $ 19,991,828 Summary of Cash by Fund April 2022 May 2022 General Fund $ 110,816,259 $ 127,563,743 General Fund Other 3,220,997 3,237,083 Capital Projects Funds 24,887,232 23,991,215 Debt Service Funds 35,704,846 36,513,700 Enterprise Funds 77,906,316 79,652,645 Trust and Agency Funds 7,139,146 8,671,850 Internal Service Funds 25,111,355 24,377,746 Special Revenue Funds 49,146,805 49,916,800 General Ledger Cash Balances $ 333,932,954 $ 363,924,782 Total cash will differ from investment portfolio total due to outstanding checks and/or other timing differences. Note: Above information was obtained from the City's accounting system records.The above information includes receipts from maturing investments and payments for purchased investments in the city investment portfolio.This statement is prepared in compliance with the City's Charter. 43 City of Huntington Beach City of Huntington Beach 2000 Main St. Portfolio Management Huntington Beach, Portfolio Summary June 30, 2022 Investments Par Market Book %of Days to YTM YTM Value Value Value Portfolio Term Maturity 360 Equiv. 365 Equiv. Federal Agency Issues-Coupon 142,225,000.00 135,793,826.25 142,247,139.24 43.31 1,401 902 1.274 1.291 Local Agency Investment Funds 25,690,330.58 25,690,330.58 25,690,330.58 7.82 1 1 0.849 0.861 Treasury Securities-Coupon 78,000,000.00 74,943,500.00 77,906,771.41 23.72 1,112 855 1.350 1.369 Medium Term Notes-Supras 35,000,000.00 33,552,070.00 35,139,195.76 10.70 1,465 774 1.006 1.020 Corporate Bonds 26,684,000.00 26,063,087.94 26,862,488.04 8.18 1,111 511 1.322 1.340 Commercial Paper Disc.-Amortizing 5,000,000.00 4,966,950.00 4,981,722.22 1.52 185 94 1.434 1.453 Federal Agency Disc.-Amortizing 5,000,000.00 4,995,900.00 4,997,520.83 1.52 74 21 0.863 0.875 ORANGE COUNTY POOL 10,606,917.64 10,606,917.64 10,606,917.64 3.23 1 1 0.752 0.762 Investments 328,206,248.22 316,612,582.41 328,432,085.72 100.00% 1,122 720 1.213 1.230 Total Earnings June 30 Month Ending Fiscal Year To Date Fiscal Year Ending Current Year 336,650.63 3,495,631.07 3,495,631.07 Current Budget 100,000.00 1,200,000.00 1,200,000.00 Last Year Actual 274,008.60 3,403,369.60 3,403,369.60 Average Daily Balance 336,600,164.35 293,204,560.99 Effective Rate of Return 1.22% 1.19% 1 certify that this report accurately reflects all City pooled investments and is in conformity with all State laws and the investment policy statement filed with the City Council on February 1,2021.A copy of this policy is available at the office of the City Clerk.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations. Market Values provided by US Bank Custody. Alisa Backstrom,CITY TREASURER Reporting period 06101/2022-0613012022 Portfolio CITY AP Run Date:07/25/2022-11:09 PM(PRF PM1)7.3.11 Report Ver.7.3.11 44 City of Huntington Beach Portfolio Management Page 1 Portfolio Details - Investments June 30, 2022 Average Purchase Stated YTM Days to Maturity CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate S&P 366 Maturity Date Federal Agency Issues-Coupon 3133ECHX5 4292 Federal Farm Credit Bank 05/23/2019 5,000,000.00 4,935,600.00 5,001,910.29 2.260 AA 2.236 621 03/13/2024 3133EKTG1 4296 Federal Farm Credit Bank 07/01/2019 5,000,000.00 5,000,000.00 5,000,000.00 1.750 1.821 0 07/01/2022 313383QR5 4281 Federal Home Loan Bank 12120/2018 5,000,000.00 5,014.250.00 5,022.267.25 3.250 2.743 343 06/09/2023 3130AFWX1 4285 Federal Home Loan Bank 02/26/2019 5,000,000.00 4,980,750.00 5,000,000.00 2.550 2.550 333 05/30/2023 313OAKN36 4320 Federal Home Loan Bank 01/15/2021 5,000,000,00 4,600,100.00 4,996,461.11 0.525 0.545 1,294 01/15/2026 313OAKN85 4321 Federal Home Loan Bank 01/20/2021 5,000,000.00 4,562,300.00 4,998,223.61 0.550 0.560 1,299 01120/2026 313OAKUS3 4322 Federal Home Loan Bank 01/28/2021 5,000,000.00 4,558.950.00 5,000,000.00 0.500 0.500 1,307 01/28/2026 3130AMDL3 4327 Federal Home Loan Bank 05/25/2021 5,000,000.00 4,671,900.00 5,000,000.00 0.800 0.800 1,120 07/25/2025 3130AMJN3 4328 Federal Home Loan Bank 05/2612021 5,000,000.00 4,647,300.00 5,000.000.00 1.030 1.030 1,425 05/26/2026 313DAMQ54 4331 Federal Home Loan Bank 06/16/2021 5,000,000.00 4,638,050.00 5,000,000.00 0.700 0.700 1,173 09/16/2025 3130AMQ62 4332 Federal Home Loan Bank 06/14/2021 5,000,000.00 4,686,750.00 5,000.000.00 0.625 0.625 987 03/14/2025 3130ALEYS 4333 Federal Home Loan Bank 06/10/2021 5,000,000.00 4,566,100.00 5,000,000.00 0.800 0.800 1,342 03/04/2026 3130AMW65 4334 Federal Home Loan Bank 06/30/2021 5,000,000.00 4,718,100.00 5,000,000.00 0.500 0.500 913 12/30/2024 3130AMFS6 4335 Federal Home Loan Bank 06/17/2021 5,000,000.00 4,551,350.00 4,976,250.70 0.750 0.873 1,442 06/12/2026 3130AMXJ6 4336 Federal Home Loan Bank 06/30/2021 5,000,000.00 4,729,700.00 5,000,000.00 0.500 0.500 822 09/30/2024 313OAQ3C5 4344 Federal Home Loan Bank 12/02/2021 4,000,000.00 3,844,160.00 4,000,000.00 1.000 1.000 789 08/28/2024 3130AQSS8 4345 Federal Home Loan Bank 12/30/2021 4,650,000.00 4,433,728.50 4,650,000.00 1.250 1.250 1,095 06/30/2025 313OAQD59 4346 Federal Home Loan Bank 12/30/2021 5.000,000.00 4,801,400.00 5,000,000.00 1.000 1.000 822 09/30/2024 313OAQ7E7 4347 Federal Home Loan Bank 12/30/2021 5.000,000.00 4,743,200.00 5,001,776.54 1.500 1,491 1,460 06/30/2026 313OAQ042 4348 Federal Home Loan Bank 12/28/2021 5,000,000.00 4,800.550.00 5,000,000.00 0.920 0.920 728 06/28/2024 313OAQD59 4349 Federal Home Loan Bank 12/30/2021 5,000,000.00 4,801,400.00 5,000,000.00 1.000 1.000 822 09/30/2024 313OAQS79 4356 Federal Home Loan Bank 02/07/2022 5,000,000.00 4,758,500.00 5,000,000.00 1.375 1.755 1,498 08/07/2026 313OAQT94 4360 Federal Home Loan Bank 03/04/2022 4,575,000.00 4,381,797.75 4,544,925.94 1.600 1.816 1,154 08/28/2025 3133BOGJO 4367 Federal Home Loan Bank 05/09/2022 3,000,000.00 3,001,170.00 3,004,590.00 2.000 1.183 70 09/09/2022 313383MDO 4368 Federal Home Loan Bank 05/09/2022 7,000,000.00 6,984,180.00 7,027,300.00 2.625 2.201 343 06/09/2023 3137EAEN5 4287 Federal Home Loan Mort Corp 03/08/2019 3,000,000.00 2,992,950.00 3,008,197.53 2.750 2.450 353 06/19/2023 3137EAEN5 4288 Federal Home Loan Mort Corp 03/14/2019 3,000,000.00 2,992.950.00 3,008,562.84 2.750 2A37 353 06/19/2023 3135GOU43 4289 Fed.NaYI Mort Assoc. 03/15/2019 5.000,000.00 4,999,550.00 5,023,082.62 2.875 2.465 438 09/12/2023 3135GA2Z3 4318 Fed.Natl Mort Assoc. 01/11/2021 3,000.000.00 2,759,040.00 3,002,298.28 0.560 0.537 1,235 11/17/2025 3135GO4Z3 4329 Fed.Nat1 Mort Assoc. 05/14/2021 5.000,000.00 4,638,050.00 4,981,292.53 0.500 0.628 1,082 06/17/2025 Subtotal and Average 142,260,731.51 142,726,000.00 135,793,826.25 142,247,139.24 1.291 902 Local Agency Investment Funds SYS982 982 Laif City 25,690,330.58 25,690,330.58 25,690,330.58 0.861 0.861 1 Subtotal and Average 25,890,330.68 25,690,330.58 25,690,330.58 25,690,330.58 0.861 1 Portfolio CITY AP Run Date:07252022-11:09 PM(PRF_PM2)7.3.11 Report Ver.4t11 City of Huntington Beach Portfolio Management Page 2 Portfolio Details - Investments June 30, 2022 Average Purchase Stated YTM Days to Maturity CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate S&P 365 Maturity Date Treasury Securities-Coupon 912828YH7 4298 US Treasury Notes 12/05/2019 5,000,000.00 4,836,700.00 4,989,730.83 1.500 AAA 1.595 822 09/30/2024 912828P79 4299 US Treasury Notes 12/05/2019 3,000,000.00 2,975,160.00 2,998,559.22 1.500 AAA 1.574 242 02/28/2023 91282CAB7 4330 US Treasury Notes 05/19/2021 5,000,000.00 4,590,800.00 4,944,607.43 0.250 0.615 1,126 07/31/2026 91282CCW9 4339 US Treasury Notes 09/23/2021 1,000,000.00 910,230.00 994,302.00 0.750 0.890 1,522 08/31/2026 91282CAJO 4340 US Treasury Notes 09/27/2021 5,000,000.00 4,578,150.00 4,924,369.31 0.250 0.735 1,157 08/31/2025 91282CCP4 4341 US Treasury Notes 09/30/2021 5,000,000.00 4,534,400.00 4,935,282.66 0.625 0.950 1,491 07/31/2026 91282CCW9 4342 US Treasury Notes 11/23/2021 5,000,000.00 4,551,150.00 4,892,151.62 0.750 1.285 1,522 08/31/2026 912828YM6 4350 US Treasury Notes 12/31/2021 3,000,000.00 2,898,390.00 3,039,979.74 1.500 0.920 853 10/31/2024 9128284ZO 4351 US Treasury Notes 12/31/2021 5,000,000.00 4,955,300.00 5,254,730.10 2.750 1.103 1,157 08/31/2025 912828S92 4352 US Treasury Notes 01/14/2022 5,000,000.00 4.909,750.00 5,029,046.18 1.260 0.711 395 07/31/2023 912828Y87 4353 US Treasury Notes 01/14/2022 5,000,000.00 4,874,600.00 5,074,134.02 1.750 1.028 761 07/31/2024 9128282D1 4354 US Treasury Notes 01/21/2022 5,000,000.00 4,907,600.00 5,027,214.65 1.375 0.903 426 08/31/2023 91282CCN9 4357 US Treasury Notes 02/02/2022 5,000,000.00 4,850,000.00 4,953,484.03 0.125 0.991 395 07/31/2023 912828Y87 4358 US Treasury Notes 02/11/2022 4,000,000.00 3,899,680.00 4,012,601.69 1.750 1.595 761 07/31/2024 912828D56 4361 US Treasury Notes 03/22/2022 5,000,000.00 4,933,800.00 5,013,825.64 2.376 2.240 776 08/15/2024 9128286Z8 4364 US Treasury Notes 05/02/2022 7,000,000.00 6,832,140.00 6,867,592.78 1,750 2.730 730 06/30/2024 912828XX3 4370 US Treasury Notes 05/27/2022 5,000,000.00 4,905,650.00 4,955,269.61 2.000 2.462 730 06/30/2024 Subtotal and Average 77,905,679.76 78,000,000.00 74,943,500.00 77,906,771.41 1.369 855 Medium Term Notes-Supras 45818WBX3 4290 Inter-American Dev.Bank 03/28/2019 4.000,000.00 3,994,120.00 4,023,912.16 2.870 2.270 384 07/20/2023 45818WBY1 4291 Inter-American Dev.Bank 03/28/2019 5,000,000.00 4,996,500.00 5,036,688.69 2.960 2.271 411 08/16/2023 45818WCT1 4312 Inter-American Dev.Bank 04/29/2020 6,000,000.00 5,965,200.00 6,036,253.38 1.600 0.550 213 01/30/2023 459058JLS 4319 Intl Bk Recon&Development 01/12/2021 5,000,000.00 4,584,850.00 4,998,092.84 0.500 AAA 0.512 1,215 10/28/2025 459056HV2 4323 Intl Bk Recon&Development 04/23/2021 5,000,000.00 4,840,100.00 5,115,034.69 1.500 AAA 0.425 789 08/28/2024 45906M21-4 4324 Intl Bk Recon&Development 04/30/2021 5,000,000.00 4,573,000.00 4,960,776.59 0.650 AAA 0.870 1,334 02/24/2026 459058JE4 4338 Intl Bk Recon&Development 07/30/2021 5,000,000.00 4,598,300.00 4,968,437.41 0.376 AAA 0.584 1.123 07/28/2025 Subtotal and Average 35,146,216.38 36,000,000.00 33,552,070.00 35,139,195.76 1.020 774 Corporate Bonds 037833DE7 4313 Apple Inc. 04/29/2020 5,000,000.00 4,993,650.00 5,042,933.88 2.400 0.720 196 01/13/2023 14913R2P1 4343 Caterpillar Financial Corp. 12/02/2021 5,000,000.00 4,704,450.00 4,958,817.58 0.600 0.980 805 09/13/2024 254687CR5 4300 Disney 12/16/2019 2,875,ODO.00 2,906,481.25 2,941,346.15 4.000 2.070 457 10/01/2023 459200HG9 4274 IBM Corp 09/28/2018 3,000,000.00 2,998,500.00 2,996,648.59 1.875 A 3,257 31 08/01/2022 67066GAL8 4355 Nvidia 01/24/2022 5.000,000.00 4,746,350.00 4,936,116.92 0.584 1.250 714 06/14/2024 90331HNV1 4306 US Bank NA Cincinnati 02/2l/2020 2,000,000.00 1,998,320.00 2,034,734.03 3.400 AA 1.671 388 07/24/2023 Portfolio CITY AP Run Date:072512022-11:09 PM(PRF PM2)7.3.11 46 City of Huntington Beach Portfolio Management Page 3 Portfolio Details -Investments June 30, 2022 Average Purchase Stated YTM Days to Maturity Balance Date Par Value Market Value Book Value Rate S&P 366 Maturity Date CUSIP Investment# Issuer Corporate Bonds 91159HHX1 4325 US Bank NA Cincinnati 04/30/2021 3,809,000.00 3,715,336.69 3,951,890.89 2.400 0.528 760 07/30/2024 Subtotal and Average 26,868,258.05 26,684,000.00 26,063,087.94 26,862,488.04 1.340 511 Commercial Paper Disc.-Amortizing 62479MK36 4363 MUFG Bank Ltd/NY 04/01/2022 5,000,000.00 4,966,950.00 4,981,722.22 1.400 1.453 94 10/03/2022 Subtotal and Average 8,611,264.58 5,000,000.00 4,966,950.00 4,981,722.22 1.453 94 Federal Agency Disc.-Amortizing 313385ZRO 4369 Federal Home Loan Bank 05/09/2022 5,000,000.00 4,995,900.00 4,997,520.83 0.850 AAA 0.875 21 07/22/2022 Subtotal and Average 8,328,570.60 5,000,000.00 4,995,900.00 4,997,520.83 0.875 21 ORANGE COUNTY POOL OCP1 01 Orange County Invest Pool 10,606,917.64 10,606,917.64 10,606,917.64 0.762 0.762 1 Subtotal and Average 10,600,112.89 10,606,917.64 10,606,917.64 10,606,917.64 0.762 1 US Bank Sweep First AM Gov FAM1 02 First American 08/01/2021 0.00 0.00 0.00 0.020 0.020 1 Subtotal and Average 0.00 0.00 0.00 0.00 0.000 0 Total and Average 336,600,164.36 328,206,248.22 316,612,582.41 328,432,085.72 1.230 720 Portfolio CITY Run Date:07125l2022-11:09 AP PM(PRF_PM2)7.3.11 47 City of Huntington Beach Portfolio Management Page 4 Portfolio Details - Cash June 30, 2022 Average Purchase Stated YTM Days to CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate S&P 365 Maturity Average Balance 0.00 0 Total Cash and Investments 335,600,164.35 328,206,248.22 316,612,682.41 328,432,085.72 1.230 720 Portfolio CITY AP Run Date:07/25/2022-11:09 PM(PRF_PM2)7.3.11 48 City of Huntington Beach Portfolio Management Activity BY Type e Page 1 June 9, 2022 through June 30, 2022 Stated Transaction Purchases Redemptions CUSIP Investment# Issuer Rate Date or Deposits or Withdrawals Balance Federal Agency Issues-Coupon Subtotal 142,247,139.24 Local Agency Investment Funds (Monthly Summary) SYS982 982 Laif City 0.861 4,000,000.00 3,000,000.00 Subtotal 4,000,000.00 3,000,000.00 25,690,330.58 Treasury Securities-Coupon Subtotal 77,906,771.41 Medium Term Notes-Supras Subtotal 36,139,196.76 Corporate Bonds Subtotal 26,862,488.04 Commercial Paper Disc.-Amortizing 62479MFVD 4362 MUFG Bank Ltd/NY 0.890 06/29/2022 0.00 3,000,000.00 62479MF65 4365 MUFG Bank Ltd/NY 0.800 06/06/2022 0.00 5,000,000.00 Subtotal 0.00 8,000,000.00 4,981,722.22 Federal Agency Disc.-Amortizing 313385Y.19 4366 Federal Home Loan Bank 0.650 06/21/2022 0.00 5,000,000.00 Subtotal 0.00 5,000,000.00 4,997,520.83 ORANGE COUNTY POOL (Monthly Summary) OCP1 01 Orange County Invest Pool 0.762 10,900.29 180.20 Subtotal 10,900.29 180.20 10,606,917.64 US Bank Sweep First AM Gov (Monthly Summary) Subtotal 0.00 Total 4,010,900.29 16,000,180.20 328,432,085.72 Portfolio CITY AP Run Date:0725/2022-11:09 PM(PRF_PM3)7.3.11 Report Ver.7.3.11 49 City of Huntington Beach Portfolio Management Page 1 Interest Earnings Summary June 30, 2022 June 30Month Ending Fiscal Year To Date CD/CouponlDiscount Investments: Interest Collected 403,088.30 3,292,622.30 Plus Accrued Interest at End of Period 978,350.78 978,352.62 Less Accrued Interest at Beginning of Period ( 1,051,653.75) ( 764,664.92) Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period 329,785.33 3,506,310.00 Adjusted by Premiums and Discounts -15,755.32 -295,388.36 Adjusted by Capital Gains or Losses 0.00 15,139.98 Earnings during Periods 314,030.01 3,226,061.62 Pass Through Securities: Interest Collected 0.00 0.00 Plus Accrued Interest at End of Period 0.00 0.00 Less Accrued Interest at Beginning of Period ( 0.00) ( 0.00) Less Accrued Interest at Purchase During Period { 0.00) ( 0.00) Interest Earned during Period 0.00 0.00 Adjusted by Premiums and Discounts 0.00 0.00 Adjusted by Capital Gains or Losses 0.00 0.00 Earnings during Periods 0.00 0.00 Cash/Checking Accounts: Interest Collected 7,833.81 354,199.97 Plus Accrued Interest at End of Period -10,507.31 -10,507.31 Less Accrued Interest at Beginning of Period ( -25,294.12) ( 74,123.21) Interest Earned during Period 22,620.62 269,569.45 Total Interest Earned during Period 352,405.95 3,775,879.45 Total Adjustments from Premiums and Discounts -15,755.32 -295,388.36 Total Capital Gains or Losses 0.00 16,139.98 Total Earnings during Period 336,650.63 3,495,631.07 Portfolio CITY AP Run Date:07252022-11:09 PM(PRF PM6)7.3.11 Report Ver.7.3.11 50 %Nv>vsry�y� State of California Pooled Money Investment Account 0 Market Valuation 6/30/2022 fryuau�otity.� Carrying Cost Plus Description Accrued Interest Purch. Amortized Cost Fair Value Accrued Interest United States Treasury: Bills $ 54,848,665,577.86 $ 54,942,932,200.87 $ 54,781,856,500.00 NA Notes $ 104,643,095,916.36 $ 104,593,661,357.83 $ 102,160,461,000.00 $ 245,265,780.00 Federal Agency: SBA $ 307,350,707.85 $ 307,350,707.85 $ 308,985,118.38 $ 193,926.96 MBS-REMICs $ 4,692,696.64 $ 4,692,696.64 $ 4,761,517.29 $ 21,218.19 Debentures $ 9,362,179,022.09 $ 9,361,738,008,20 $ 9,198,083,200.00 $ 10,102,007.55 Debentures FR $ - $ - $ - $ - Debentures CL $ 2,350,000,000.00 $ 2,350,000,000.00 $ 2,333,288,000.00 $ 4,963,026.00 Discount Notes $ 30,059,675,770.69 $ 30,110,253,965.21 $ 30,001,238,500.00 NA Su ranational Debentures $ 2,211,832,920.27 $ 2,211,832,920.27 $ 2,141,709,500.00 $ 5,074,333.50 Su ranational Debentures FR $ - $ - $ - $ - CDs and YCDs FR $ - $ - $ - $ - Bank Notes $ 100,000,000.00 $ 100,000,000.00 $ 100,127,240.39 $ 8,333.33 CDs and YCDs $ 13,285,000,000.00 $ 13,285,000,000.00 $ 13,259,760,785.79 $ 28,932,798.53 Commercial Paper $ 11,523,629,687.36 $ 11,549,363,979.09 $ 11,525,497,727.72 NA Corporate: Bonds FR $ - $ - $ - $ - Bonds $ 492,674,729.32 $ 492,342,145.99 $ 473,145,680.00 $ 3,245,257.95 Repurchase Agreements $ - $ - $ - $ - Reverse Repurchase $ - $ - $ - $ - Time Deposits $ 4,453,000,000.00 $ 4,453,000,000.00 $ 4,453,000,000.00 NA PMIA&GF Loans $ 828,153,000.00 $ 828,153,000.00 $ 828,153,000.00 NA TOTAL $ 234,469,950,028.44 $ 234,590,320,981.95 $ 231,570,067,769.57 $ 297,806,682.01 Fair Value Including Accrued Interest $ 231,867,874,451.58 Repurchase Agreements,Time Deposits, PMIA&General Fund loans,and Reverse Repurchase agreements are carried at portfolio book value(carrying cost). The value of each participating dollar equals the fair value divided by the amortized cost(0.987125414). As an example: if an agency has an account balance of$20,000,000.00,then the agency would report its participation in the LAW valued at$19,742,508.28 or$20,000,000.00 x 0.987125414. 51 Statement of Cash Receipts and Disbursements and Summary of Cash by Fund Finance Department go June 2022 Cash Receipts and Disbursements May 2022 June 2022 Receipts General Fund Property Tax $ 15,540,909 $ 513,443 Local Sales Tax 4,766,712 3,893,998 Public Safety Sales Tax 206,922 281,067 Transient Occupancy Tax(TOT) 1,523,037 1,472,176 Utility Users Tax(ULIT) 1,654,836 1,463,331 Other Revenue 7,060,049 5,241,673 Total General Fund Revenue 30,752,465 12,865,688 Total All Other Funds Revenue 14,691,231 49,191,142 Total Receipts $ 45,443,696 $ 62,056,830 Disbursements General Fund Personnel Services (10,696,910) (11,198,519) Operating Expenses (3,298,757) (3,837,373) Capita l'Expenditures (1,000) (1,442) Non-Operating Expenses (8,314) (21,397,315) Total General Fund Disbursements (14,004,981) (36,434,648) Total All Other Funds Disbursements (11,446,887) (36,271,532) Total Disbursements (25,451,868) (72,706,180) Net Change in Cash Flow $ 19,991,828 $ (10,649,350) Summary of Cash by Fund May 2022 June 2022 General Fund $ 127,578,486 $ 104,009,525 General Fund Other 3,237,112 3,220,822 Capital Projects Funds 23,991,630 33,494,238 Debt Service Funds 36,514,282 20,361,695 Enterprise Funds 79,653,980 81,675,336 Trust and Agency Funds 8,671,989 5,620,868 Internal Service Funds 24,378,176 32,316,387 Special Revenue Funds 49,941,885 62,619,318 General Ledger Cash Balances $ 363,967,539 $ 343,318,190 Total cash will differ from investment portfolio total due to outstanding checks and/or other timing differences. Note: Above information was obtained from the City's accounting system records.The above information includes receipts from maturing investments and payments for purchased investments in the city investment portfolio.This statement is prepared in compliance with the City's Charter. 52 ATTACHMENT #2 i CITY OF HUNTINGTON BEACH QUARTERLY INVESTMENT REPORT CITY TREASURER, ALISA BACKSTROM , MBA, CCMT, CPFIM QUARTER ENDED: J U N E 30, 2022 53 INVESTMENT PORTFOLIO - SUMMARY: AS OF: June 30, 2022 Investment Type $ in 000's Market Value Book Value Federal Agency Issues $ 140,790 $ 147,245 Local Agency Investment Fund (LAIF) $ 25,690 $ 259690 Treasury Securities $ 74,944 $ 779907 Medium Term Notes - Supranationals $ 339552 $ 359139 Corporate Bonds $ 26,063 $ 269862 ' Commercial Paper $ 49967 $ 4,982 OC Investment Pool $ 109607 $ 107607 TOTAL 3169613 3289432 54 INVESTMENT PORTFOLIO - INVESTMENTS BY TYPE: 44% 3% 8% 24% 11 % 8% 2% :u Federal Agencies ■ OC Investment Pool ■ corporate Bores Treasuries WN-Supras ■ LAIF ■ Commercial Paper 55 INVESTMENT PORTFOLIO - QUARTERLY ACTIVITY (APRIL-JUNE): Purchases: ($ in 000's) Federal Agency Issues $20,000 LAI F $23,006 Commercial Paper $10,000 Treasury Securities $12,000 OC Investment Pool $ 33 TOTAL $65,039 Maturities/Calls/Withdrawals: ($ in 000's) Federal Agency Issues $ 5,000 LAI F $ 3,000 Corporate Bonds $20,000 Commercial Paper $ 8,000 OC Investment Pool $ 2 TOTAL $36,002 56 ❑ June 2022: $336,651 Current Year - Month ❑ vs. budget: $100,000 . ❑ Through 06/30122: $3,495,631 j Current Fiscal Year-to-date ❑ vs. budget: $1 ,200,000 ❑ June 2022: 1 .22% INVESTMENT PORTFOLIO — EARNINGS: Effective Rate of Return ❑ Fiscal Year-to-date: 1 .19°l0 Benchmark ❑ June 2022: 1 .06°I° ❑ 12-month moving average 1 .5-year Treasury 57 INTEREST RATES - US TREASURY RATES JAN UARY 1, 2022 - J U N E 30, 2022: FRGQ —Market Yield on U.S.Treasury Securities at2-YearConstantMamdry,Quoted onan Investment Basis F —Market Yield on U.S.TreasurySecudtiesat5-YearConstanlMatunty,QuotedonanInvestmentBasis 35 4.0 3'3 35 10 C t 25 O 8 a a IS 20 14 1.5 r 05 �j 10 ' 2022-01-10 20-11.24 207t-9297 2922.02.21 2022A347 2022-03-21 2012-01-04 20418 2022-0SQ2 2422A5.15 2U22-0S76 2Q22.06.13 2071.0637 2M-01-10 2822-01-24 202242-07 2072-02.21 222M 20L43.21 28224H 2022-918 20-M2 2022*16 2022-05-H 2022*13 202*27 Stladed area indicate U.S.recessions_ Source.Board 0 Governors of He Federa(Reserve System IN, iredstb dsfed.argShM areas Indicate U S.recessions. Source Board of Governors of Ire Federal Reserve System(US) Ged sdouaied org 2-year US Treasury 5-year US Treasury 2.92% o 3.01 /o at 6/30 at 6/30 58 1 SELECTED INVESTMENT POLICY COMPLIANCE REQUIREMENTS: MAXIMUM SPECIFIED INVESTMENT TYPE MAXIMUM % OF PORTFOLIO/ MINIMU M Q UALITY IN MATURITY MAXIMUM PER REQUIREMENTS COMPLIANCE? ISSUER U.S. Treasury Obligations 5 years None None YES U.S. Government 5 years None None YES Agency Obligations Supranationals 5 years 10% "AA" Rating YES Corporate Notes 5 years 30%/10% "A" Rating YES Local Agency Investment Fund N/A Up to $75,000,000 None LAIF YES Orange County Investment Pool N/A Up to $75,000,000 None OCIP YES Maximum Maturities No more than 50 of portfolio maturing over 4 yea rs. YES (Requirements are at purchase) ' �" ."a59 SUMMARY: Safety - No principal losses Liquidity - Sufficient funds for operations Market rate of return - 1.22% June, 1.19% Fiscal Year-to-date (upward trend) Prudently managed - No compliance issues Positive contributor to City - Earnings of $3,495,631 fiscal year 2021-22 to be utilized for operating and other expenses � � 60 � r 2000 Main Street, Huntington Beach. CA City of Huntington Beach 92648 8 File #: 22-160 MEETING DATE: 5/3/2022 REQUEST FOR CITY COUNCIL ACTION SUBMITTED TO: Honorable Mayor and City Council Members SUBMITTED BY: Sean Joyce. Interim City Manager VIA. Alisa Backstrom, City Treasurer PREPARED BY: Alisa Backstrom, City Treasurer Subject: Receive and File the City Treasurer's March 2022 Quarterly Investment Summary Report Statement of Issue: Receive and File the City Treasurer's Quarterly Investment Report for March 2022, pursuant to Section 17.0 of the Investment Policy of the City of Huntington Beach. Financial Impact: Not Applicable Recommended Action: Receive and file the City Treasurer's Quarterly Investment Report for March 2022, pursuant to Section 17.0 of the Investment Policy of the City of Huntington Beach. Alternative Action(s): Deny or critique the Quarterly Investment Report for March 2022. Analysis: Not Applicable Environmental Status: Not Applicable Strategic Plan Goal: Non Applicable - Administrative Item Attachment(s): 1 Treasurer's Quarterly Investment Report for March 2022 City of Huntington Beach Page 1 of 2 Panted on 4/27/2022 20 File #: 22-160 MEETING DATE: 5/3/2022 2. Treasurer's PowerPoint Presentation for March 2022 City of Huntington Beach Page 2 of 2 Printed on 4/27/2022 m.erec27-Legisiar° City of Huntington Reach Quarterly Investment Report March 2022 Prepared by: Alisa Backstrom, MBA, CCMT, CPFIM City Treasurer Colin Stevens, MPP Treasury Associate 22 INVESTMENT PORTFOLIO SUMMARY AS OF: March 31, 2022 Investment Type $ In 000's Market Value Book Value %of Portfolio Federal Agency Issues $ 127,387 $ 132,224 44.1% Local Agency Investment Fund(LAIF) $ 5,684 $ 5,684 1.9% Treasury Securities $ 63,898 $ 66,100 22.1% Medium Term Notes-Supranatlonals $ 33,914 $ 35,177 11.7% Corporate Bonds $ 46,412 $ 46,924 15.7% Commercial Paper $ 2,994 $ 2,993 1.0% OC Investment Pool $ 10,575 $ 10,575 3.5% TOTAL $ 290,864 $ 299,677 100% Currently, funds within this portfolio are invested in federal agency securities, corporate bonds, commercial paper, the International Bank of Reconstruction and Development ("IBRD"), the Inter-American Development Bank ("IADB"), U.S. Treasury Securities, the State of California's pooled account (Local Agency Investment Fund "LAIF"), and the Orange County Investment Pool ("OCIP"). Only the investment types allowed under California Government Code Section 53601 and the City's Investment Policy Statement are utilized. Short-term interest rates continued to rise during the first quarter of 2022- As interest rates rise, the market price of the securities previously purchased at lower than the current market rates goes down. This has resulted in the current market value of the portfolio being slightly lower than the book value, at $290.9 million versus $299.7 million, respectively. Increasing interest rates will allow excess funds to be invested at higher rates thus allowing the portfolio an opportunity to earn increased interest income in the future. 23 PORTFOLIO BREAKOUT BY TYPE - BOOK VALUE as % of Total Portfolio The largest holding by security type at month-end was federal agency securities at approximately 44% of the total overall portfolio. This was followed by treasury securities at approximately 22% of the total portfolio as of March 31 . Cash held in the LAIF fund and the Orange County Pool has been reduced as higher interest rates have become available. INVESTMENT PORTFOLIO EARNINGS A8 OF: March 31, 2022 Total Earnings Month: March Fiscal YTD Current Year $ 324,815 $ 2,483,158 Current Budget $ 100,000 $ 900,000 Last Year Actual $ 261,545 $ 2,609,546 Average Daily Balance $ 303,455,743 $ 283,914,207 Effective Rate of Return 1.260io 1.17 Benchmark ' 0.50% n/a '12-month moving average of interpolated 1.5-year treasury Earnings for the month of March 2022 were $324,815, an increase of approximately 24% from the same month in the prior year. Fiscal year-to-date earnings of $2,483,158 were down slightly 24 from the same period during the previous year. The effective rate of return for March was 1.26%, with a fiscal year-to-date return of 1.17%. The increase in the March rate of return over that of the fiscal year-to-date return is a result of the portfolio investing in the higher available rates. The benchmark of the 12-month moving average of the interpolated 1.5-year U.S. Treasury was 0.50% at the end of March. This rate will quickly increase as short-term rates have risen rapidly. INVESTMENT PORTFOLIO ACTIVITY MONTHLY ACTIVITY: March 2022 Investment Type Purchases (Face Calls/Maturities/ $ in 000's Value)/Deposits Withdrawals Federal Agency Issues $ 4,575 Local Agency Investment Fund (LAIF)* $ 3,000 Medium Term Notes - Supranationals Corporate Bonds $ 5,000 Commercial Paper $ 3,000 Treasury Securities $ 5,000 OC Investment Pool * $ 18 10,001 TOTAL $ 12,593 $ 18,001 `Includes Interest Income QUARTERLY ACTIVITY: January 1 to March 31, 2022 Investment Type Purchases (Face Calls/Maturities/ $ in 000's Value)/Deposits Withdrawals Federal Agency Issues $ 9,575 Local Agency Investment Fund (LAIF)* $ 5 $ 3,000 Medium Term Notes - Supranationals Corporate Bonds $ 5,000 $ 5,000 Commercial Paper $ 3,000 Treasury Securities $ 29,000 OC Investment Pool * $ 74 40,006 TOTAL $ 46,654 $ 48,006 'Includes Interest Income For the quarter ended March 31. 2022, approximately $40 million was moved from the Orange County pool into other investments in order to take advantage of the increasing interest rates available. As well, additional funds will become available as the property taxes are received by the City in April. The $5 million Home Depot corporate bond was called in March, providing additional funds for reinvestment. 25 COMPLIANCE The portfolio is in conformity with all relevant State regulations and the City's Investment Policy statement as approved by the City Council on February 1, 2022. The investment program herein shown provides sufficient cash flow liquidity to meet the next six months' obligations. MAXIMUM INVESTMENT MAXIMUM PORTFOLIO!SPECIFIED % MINIMUM QUALITY IN COMPLIANCE TYPE MATURITY MAXIMUM PER REQUIREMENTS 9 ISSUER Commercial Paper 270 days 25%110% All, "A" Reting YES State Obligations- 5 years Nona/10% "A" Rating YES CA And Others U.S.Treasury 6 years None None YES Obligations U.S.Government A enc Obll atlons 6 years None None YES IBRD, IFC,IADB 6 years 10% "AA" Rating YES Corporate Notes 6 years 80%I10% "A" Rating YES Local Agency Investment Fund NIA Up to$76,000,000 None LAIF YES Orange County Investment Pool NIA Up to 476,000,000 None OCIP YES Maximum Maturitles No more than 50%of portfolio maturing over 4 years. YES Note:Compliance is measured at purchase per government code. ECONOMIC AND MARKET OVERVIEW MARKET SUMMARY: December 31, 2021 - MARCH 31, 2022 Fed Funds 2-Yr. 10-Yr. As of: Rate Treasury Treasury S&P 500 DJIA 12/31/2021 0.00 -0.25% 0.73% 1.52% $ 4,766.18 $ 36,338.30 3131/2022 0.25 -0.50 % 2.28% 2.32% 4 530.41 $ 34,678.35 %Change 100.00% 212.33% 52.63% -4.95% -4.57% The Federal Open Market Committee (FOMC) met in March to discuss the current state of the economy and to examine potential future interest rate adjustments. They concluded that the invasion of Ukraine by Russia is causing tremendous human and economic hardship, and that this will likely create additional upward pressure on inflation and weigh on economic activity. The Fed Funds approved a rate hike for the first time in three years in March to 0.25-0.50%. Fixed Income f Equity Markets: The yield on the 10-year U.S. Treasury finished the quarter at 2.32%, up from 1.52% at the end of last quarter. The S&P 500 decreased by 4.95% over the quarter and the DJIA decreased by 4.57% over the same period. 26 Employment: Total nonfarm payroll employment rose by 431,000 in March, and the unemployment rate declined to 3.6 percent. Notable job gains occurred in leisure and hospitality, professional and business services, retail trade, and manufacturing. 27 TREASURY RATES The following chart shows the 2- and 5-year Treasury Yield Curve rates for the period March 2021 to March 2022, Both the 2- and 5-year Treasury rates have been increasing over the past six months. These Treasury rates are proxies for the type of rates the portfolio will obtain upon investment. � 2Yr Tsy - Syr Tsy Treasury Rates 2.20 2.10 2.110 2.00 1,80 1.910 1.80 2.70 1.60 1.0 1.50 2.4 0 2.40 V 1.30 : 1.20 2.200 1.7 gM 1.10 u C 1.00 0.0 0 f 0.90 0. o 0.800 0.040 0.0 a: o.elo 0.80 .100 0.21 0.70 o.a 0.60 0.3 0.50 0.40 0.30 0.30 0.20 0.200 0.220 0.220 0.2 °,t30 0.100 0.130 0.20 N h N N N N N N N N N N N NOTE: The above Treasury Rates are from the U.S. Department of the Treasury, Resource Center. They are the "Treasury Yield Curve Rates," which is defined as follows:These rates are commonly referred to as "Constant Maturity Treasury" rates, or CMTs.Yields are interpolated by the Treasury from the daily yield curve. This curve,which relates the yield on a security to its time to maturity is based on the closing market bid yields on actively traded Treasury securities in the over- the-counter market. These market yields are calculated from composites of indicative, bid-side market quotations (not actual transactions) obtained by the Federal Reserve Bank of New York at or near 3:30 PM each trading day. The CMT yield values are read from the yield curve at fixed maturities, currently 1, 2, 3 and 6 months and 1, 2, 3, 5, 7, 10, 20, and 30 years. This method provides a yield for a 10 year maturity, for example, even if no outstanding security has exactly 10 years remaining to maturity. 28 City of Huntington Beach City of Huntington Beach 2000 Main St. - Portfolio Management Huntington Beach, Portfolio Summary January 31, 2022 Par Market Book %of Daysto YTM YTM Investments Value Value Value Portfolio Term Maturity 360 Equiv. 365 Equiv. Federal Agency Issues-Coupon 122,850,000.00 121,303,852.50 122.689.211.86 40.07 1485 1.070 1,187 1.204 Local Agency Investment Funds 8,684,249.01 8.684.249.01 8,684,249.01 2.84 1 1 0.231 0.234 Treasury Securities-Coupon 52.000.000.00 51.518.700.00 52,141,610.91 17.03 1,279 1.091 1.006 1.020 Medium Term Notes-Supras 35,0130,000.00 34 710,580.00 35.201 477.99 11.50 1.464 923 1eD6 1.020 Corporate Bonds 51,684,000.00 51,991,878.30 51,940,272.52 16.96 1.183 438 2.064 2.093 ORANGE COUNTY POOL 35,533,601.78 35.533.601.78 35,533,601.78 11.61 1 1 0,396 0.402 305,551,850.79 303,742,861.59 306,190,424.07 100.00% 1,182 795 1.165 1.182 Investments Total Earnings January 31 Month Ending Fiscal Year To Date Fiscal Year Ending Current Year 294,599.75 1,854,643.79 Current Budget 100,000.00 700,000.00 1,200,000.00 Last Year Actual 264,248.91 2.080.252.53 3,403,369.60 Average Daily Balance 303,250,810.44 278,613,537.62 Effective Rate of Return 1.14% 1 A 3% I certify that this report accurately reflects all City pooled investments and is in conformity with all State laws and the investment policy statement fled with the City Council on February 1,2021.A copy of this policy is available at the office of the City Clerk.The investment program herein shown provides sufficient cash now liquidity to meet the next six month's obligations. Market Values provided by US Bank Custody. Alisa Backstrom,CITY TREASURER Reporting period 0 110 112 0 2 2-0 113112 0 2 2 Portfolio CITY AP Run Dato',OO20R012-13'.57 PM(PRF PM1)7.3.11 Report Ve,7.3.11 29 City of Huntington Beach Portfolio Management Page 1 Portfolio Details - Investments January 31, 2022 Average Purchase Stated YTM Days to Maturity CUSIP Investment tt Issuer Balance Date Par Value Market Value Book Value Rate S&P 365 Maturity Date Federal Agency Issues-Coupon 3133ECHX5 4292 Federal Farm Credit Bank 05232019 5.000.000.00 5.109.600.00 5.002,378.50 2.260 AA 2.236 771 03/132024 3133EKTG1 4296 Federal Farm Credit Bank 07/Dlt2Ol9 5.000.000.00 5.029.200.00 4.993.576.39 1.750 1.821 150 07/Gl2022 3133830R5 4281 Federal Home Loan Bank 1220/2018 5.000.000.00 5.153.550.00 5,032.149.16 3.250 2.743 493 06/092023 3130AFWX1 4286 Federal Home Loan Bank 02/262019 5.000.000.00 5.107.150.00 S,ODO,000.00 2.550 2.550 483 O5/302023 313OAKN36 4320 Federal Hams Loan Bank 01/152021 5.000.000.00 4.832,850.00 4.996,044.44 0.525 0.545 1,444 01/152026 3130AKNBS 4321 Feacml Hama Loan Bank 011202021 5,000.000.00 4.816450.00 4.998.015.28 0.550 0.560 1449 01202026 313OAKUS3 4322 Federal Hume Loan Bank 01282021 5,000.000.00 4.789.700.00 5,000,0DO.00 0.500 0.500 1457 01282026 3130AMDL3 4327 Federal Home Loan Bank 05252021 5,000,000.00 4,881.900.00 5,000,000.00 0.800 0.800 1.270 07252025 3130AMJN3 4328 Federal Home Loan Bank 05262021 5,000,0DODO 4,898,050.00 5,000,ODO.00 1.030 1.030 1.575 05262026 3130AM054 4331 Federal Home Loan Bank 06/162021 5,000,ODO.00 4,855.500.00 5.000.000.00 0.700 0.700 1.323 09/162025 3130AM082 4332 Federal Home Loan Bank 06/142021 5,000,000.00 4,B73,450.00 5,000,ODO.00 0.625 0.625 1.137 OW142025 3130ALEY6 4333 Federal Home Loan Bank 06/102021 5,000,ODO.00 4.969.350.00 5.000.000.00 0.800 0.800 1.492 03t042026 3130AMMS 4334 Federal Home Loan Bank 06130/2021 5.000.000.00 4.894.450.00 5.000.000.00 0.500 0.500 1,063 12/30/2024 3130AMFS6 4335 Federal Home Loan Bank 06/172021 5,000,000.00 4,626.450.00 4.973.743.73 0.750 0,873 1.592 06/12/2026 3130AMXJ6 4336 Federal Home Loan Bank 06(102021 5,000,000.00 4,890.100.00 5.000,ODO.00 0.500 0.500 972 09/302024 313OA03C5 4344 Federal Home Loan Bank 1WO22021 4.000.000.00 3.972.640.00 4,000,000.00 1.000 1.000 939 08212024 3130ACSSS 4345 Federal Home Loan Bank 12/30/2021 4.650.000.00 4.621.402.50 4,650,000.00 1.250 1.250 1.245 06/302025 3130A0D59 4346 Federal Home Loan Bank 12/302021 5.000,000.00 4.966.450.00 5.000.000.00 1.000 1.000 972 09/302024 313OA07E7 4347 Federal Home Loan Bank 12r302021 5.000.000.00 4.978.150.00 5.001,961.73 1.500 1.491 1.610 06/302025 313OA0042 4348 Federal Home Loan Bank 12282021 5.000.000.00 4,951,050.00 5.000,000.00 0.920 0.920 878 0628/2024 313UAOD59 4349 Federal Home Loan Bank 12t 2021 5.000.000.00 4.966 450.00 5,000,000.00 1.000 1.000 972 09f302024 3137EAEN5 4287 Federal Home Loan Mort Corp 03/082019 3.000,000.00 3,072 390.00 3,011.730.95 2.750 2.450 503 06/192023 3137FAEN5 4288 Federal Home Loan Mort Corp 03J142019 3.000.000.00 3.072,390.00 3,012.253.72 2.750 2.437 503 06/192023 3135GOU43 4289 Fed.Nail Mort Assoc. 03/152019 5.000.000.00 5.142,550.00 5,031.116.02 2.875 2.465 588 09/122023 3135GA2Z3 4318 Fed.Nail Mort.Assoc. 01/112021 3,OOD,000.00 2,886480.00 3,002,5B1.79 0.560 0.537 1,385 11/172025 3135GO4Z3 4329 Fed.Nail Mon.Assoc. 05/142021 5.000.000.00 4,846,150.00 4.978,660.15 0.500 0,628 1.232 06/172025 Subtotal and Average 122,690,978.89 122,650.000.00 121,303,852.60 122,689.211.86 1.204 1,070 Local Agency Investment Funds SYS982 982 Lae City 8,684,249.01 8,684,249.01 8.664,249.01 0.234 0.234 1 Subtotal and Average 8,682,080.49 8,684,249.01 8,654,249.01 8,684,249.01 0234 1 Treasury Securities-Coupon 912828YH7 4298 US Treasury Notes 12/O5/2019 5,000.000.00 5.023.050.00 4.987,856.90 1.500 AAA 1.595 972 D9/3 012 0 2 4 912828P79 4299 US Treasury Notes 12/052019 3,000.000.00 3,020,970.00 2.997,666.17 1,500 AAA 1.574 392 02282023 91282CAS7 4330 US Treasury Notes 05/192021 5,000.000.00 4,792.800.00 4.937.114.99 0.250 0.615 1.276 07/312025 Portfolio CITY AP Run Date Dula 0 2-1357 PM(PRF PM2)7.3.11 Repast Ve/].3.11 City of Huntington Beach Portfolio Management Page 2 Portfolio Details - Investments January 31, 2022 Average Purchase Stated YTM Days to Maturity CUSIP Investment a Issuer Balance Date Par Value Market Value Book Value Rate S&P 365 Maturity Date Treasury Securities-Coupon 91282CCW9 4339 US Treasury Notes 09232021 1 000,ODO.00 962.770.00 993.740.43 0.750 0.890 1.672 OB/312026 91282CAJO 4340 US Treasury Notes 0927/2021 5.000.000.00 4,784,000.00 4,914.552.82 0.260 0.735 1,307 08/312025 91282CCP4 4341 US Treasury Notes 09/302021 5.000.000.00 4,790.300.00 4.926.771.86 0.625 0.950 1,641 07/372026 91282CCM 4342 US Treasury Notes 11/23/2021 5,000,000.0D 4.813.850.00 4.881.522.68 0.750 1.285 1.672 08/312026 912828YM6 4350 US Treasury Notes 12/31/2021 3,000,000.00 3.012.660.00 3.047.010.17 1.500 0.920 1.003 10131n024 9128284ZO 4351 US Treasury Notes 12/312021 5,000,ODD.OD 5,219.350.00 5.287.754.74 2.750 1.103 1.307 08/3/2025 91282BS92 4352 US Treasury Notes 01/142022 5,000,000.OD 6.016,600.00 5.040.076.38 1.250 0.711 545 07Al2O23 91282BY87 4353 US Treasury Notes 01/142022 5,000,000.00 5.057,250.00 5.088.746.50 1.750 1.028 911 07/312024 9128282D1 4354 US Treasury Notes 01212022 5,000,000.00 5.024,600.00 5,036.797.27 1.375 0.903 576 08/312023 Subtotal and Average 44,645,689.27 52.000.000.00 51,518,700.00 52,141,610.91 1.020 1,091 Medium Term Notes-Supras 45818WBX3 4290 Inter-American Dev.Bank 032MO19 4,000.000.00 4,106.000.00 4.033.376.08 2.870 2.270 534 07202023 45818WBY1 4291 Inter-American Dev.Bank 03282019 5.000.000.00 5,143.700.00 5050,277.09 2.960 2.271 561 Oa/162023 45818WCT1 4312 Inter-American Dev.Bank 0429/2020 6.000.000.00 6,038,580.00 6.062.272.55 1.600 0.550 363 01/30/2023 459058JI 8 4319 Intl Bk Recon 8 Development 01/122021 5.000.000.00 4,804.100.00 4.997,853.85 0.500 AAA 0.512 1,365 10/ W025 459056HV2 4323 Intl Bk Recon 8 Development 04232021 5,000,000.00 5,021,350,00 5.137,242.16 1.500 AAA 0.425 939 06/28/2024 4590610214 4324 Intl Bk Recon B Development W30/2021 5,000,000.00 4,794.100.00 4.955.295.62 0.650 AAA 0.870 1,484 02242026 459058JE4 4338 Intl Bk Recon 0 Development OWWZ021 5,000.000.00 4.802.750.00 4.964,160.64 0.376 AAA 0.5a4 1.273 07282025 Subtotal and Average 35,207,309.99 35,000.000.00 34,710,580.00 35,201,4T7.99 1.020 923 Corporate Bonds 037833DE7 4313 Apple Inc. 04292020 5.000.000.00 5.068.950.00 5,076.475.98 2.400 0.720 346 01/132023 14913R2P1 4343 Caterpillar Financial Corp. 12/02/2021 5.000.000.00 4.871,000.00 4,951,017.BB 0.600 0.980 955 09/132024 166764AH3 4294 Chevron Corp 05242019 5.000.000.00 5.120.300.00 5,041.232.31 3.191 AA 2.528 508 06242023 254687CR5 43DO Disney 12/162019 2.875.000.00 3.000,810.00 2.963.481.54 4.000 2.070 607 10/01/2023 437076BG6 4293 Home Depot Inc 05242019 5.000.000.00 5.027.950.00 5.002,345.91 2.625 A 2.474 120 06/012022 459200HG9 4274 IBM Corp 09/2a/2018 3,OOD,000.00 3,017.580.00 2.979.891.54 1.875 A 3,257 181 D8/012022 67066GALB 4355 Nvidia 01242022 5.000,000.00 4,884.650.00 4,922,486.10 0.584 1.250 864 06/142024 713448CX4 4280 PEPSICO INC 12212018 5.000.000.00 5.039.500.00 4,998.669.81 3.100 3.160 166 07/172022 882508SAl 4279 Texas Instruments Inc 12/2120/8 5,000.000.00 5.008.400.00 4,983,300.17 1.850 3.564 103 OS115/2022 904764AW7 4286 Unilever 03/012019 5,ODO,000.00 5,013.250.00 4.992.618.62 2.200 2.802 93 05/052022 90331HNV1 4306 US Bank NA Cincinnati 0221/2020 2,01)0,000.00 2.059,260.00 2.048,337.44 3.400 AA 1,671 538 0724nO23 91159HHX1 4325 US Bank NA Cincinnati 04/302021 3,8D9,000.00 3.880,228.30 3.980,507.22 2.400 0.528 910 07/302024 Subtotal and Average 48,292,853.88 51,684,000.00 51.991,878.30 51,940,272.52 2.093 438 Portfolio CITY AP Run Date:04/dOr2022-13:57 PM(PRF_PM2)7.3.11 31 City of Huntington Beach Portfolio Management Page Portfolio Details - Investments January 31, 2022 Average Purchase Stated YTM Daysto Maturity Cl1SIP Investmcnt0 Issuer Balance Data Par Value Market Value Book Value Rate S&P 365 Maturity Dale ORANGE COUNTY POOL OCP1 01 Orange County Invest Pool 35,533,601.76 35,533,601.78 35,533,501.78 0,402 0.402 1 Subtotal and Average 43,731,897.91 35,S33,601.78 35,532,601.78 35,533,601.78 0.402 1 US Bank Sweep First AM Gov FAM1 02 First American O6/D12021 0.00 0.00 0.00 0.020 0.020 1 Subtotal and Avenge 0.00 0.00 0.00 OAO 0.000 0 Total and Average 303,250,810A4 305,551,850.79 303,742,861.59 306,190,424.07 1.182 795 Portfolio CITY AP Run Date:W20rl=.13.57 PM(PRF_PM2)7.111 32 City of Huntington Beach Portfolio Management Page Portfolio Details - Cash January 31, 2022 Average Purchase Stated YTM Days to CUSIP Investment# Issuer Balance Data Par Value Market Value Book Value Rate S&P 365 Maturity Average Balance 0.00 0 Total Cash and Investrnents 303,250,810.44 305,551,860.79 303,742,861.59 306,190,424.07 1.182 795 Portfolio CITY AP Run Date:WR02022-13'.57 PM(PRF PM2)7.3.11 33 City of Huntington Beach Portfolio Management Paget Activity By Type January 1, 2022 through January 31, 2022 Stated Transaction Purchases Redemptions CUSIP Investment# Issuer Rate Date or Deposits or Withdrawals Balance Federal Agency Issues-Coupon Subtotal 122,689,211.86 Local Agency Investment Funds (Monthly Summary) SYS982 982 Lad City 0.234 5.171.08 0.00 Subtotal 5,171.08 0.00 8,684,249.01 Treasury Securities-Coupon 91282BS92 4352 US Treasury Notes 1.250 01/142022 5.041.400.00 0.00 912828Y87 4353 US Treasury Notes 1.750 01/142022 5.090.500.00 0.00 9128282DI 4354 US Treasury Notes 1.375 01212022 5.037.500.00 0.00 Subtotal 15,169,400.0o 0.00 52,141,610.91 Medium Term Notes-Supres Subtotal 35,201,477.99 Corporate Bonds 67086GALS 4355 Nvidia 0.584 01242022 4,921,850.00 0.00 Subtotal 4,921,850.00 0.00 51,940,272.52 ORANGE COUNTY POOL (Monthly Summary) 0CP1 01 Orange County Invest Pod 0.402 28.601.86 15,002,617.89 Subtotal 29,601.96 15,002,617.89 35,533,601.78 US Bank Sweep First AM Gov (Monthly Summary) Subtotal 0.00 Total 20,125,022.94 15,002,617.89 306.190.424.07 Portfolio CITY AP Run Date.U4 022-13.57 PM(PRF PM3)7.3.11 Report VW.7.3.11 34 City of Huntington Beach Portfolio Management Page Activity Summary January 2021 through January 2022 Yield to Maturity Managed Number Number Month Number of Average 360 365 Pool of Investments of Investments Average Average End Year Securities Balance Equivalent Equivalent Rate Purchased Redeemed Term Days to Maturity January 2021 36 245,184,705.47 1.292 1.310 0.458 5 2 798 474 February 2021 34 244,848.561.08 1.338 1.356 0.407 0 0 821 471 March 2021 34 241,726,743.55 1.272 1.290 0.357 0 1 812 451 April 2021 37 245,258,735.71 1.187 1.203 0.339 4 0 833 488 May 2021 41 272.220.547.80 1.102 1.117 0.315 4 1 832 529 June 2021 47 299,541.338.17 1.096 1.111 0.262 7 1 965 667 July 2021 47 294.084.830.06 1.128 1.144 0221 1 2 1.019 705 August 2021 46 278.833,182.25 1.133 1.149 0.221 1 1 1,032 711 September 2021 48 271.196,912.63 1.112 1.128 0.206 3 2 1,045 713 October 2021 46 270,161,809.86 1.135 1.150 0.203 0 0 1,080 715 November 2021 47 269.384,512.30 1.149 1.165 0.203 1 0 1,112 725 December 2021 54 262,845,749.33 1.143 1.159 0.212 7 0 1,151 774 January 2022 60 303,250,810.44 1.165 1.182 0.234 4 0 1,182 795 Average 44 269,279,708.12 1.173% 1.189% 0.280 3 1 976 632 Portfolio CITY AP Run Daie:04r202022-13:57 PM(PRF PM4)7.3.11 Report Vtt.7.3.11 35 City of Huntington Beach Portfolio Management Page 1 Interest Earnings Summary January 31, 2022 January 31Month Ending Fiscal Year To Date CD/Coupon/Discount Investments: Interest Collected 438,652.88 1,969,67B.93 Plus Accrued Interest at End of Period 655,349.31 655,349.31 Less Accrued Interest at Beginning of Period ( 785,917.28) ( 764,664.92) Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period 308,D84.91 1,860,363.32 Adjusted by Premiums and Discounts -30.141.78 -187,568.86 Adjusted by Capital Gains or Losses 0.00 -21,439.99 Earnings during Periods 277.943.13 1,651,254.47 Pass Through Securities: Interest Collected 0.00 0.00 Plus Accrued Interest at End of Period 0.00 0.00 Less Accrued Interest at Beginning of Period ( 0.00) ( 0.00) Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period 0.00 0.00 Adjusted by Premiums and Discounts 0.00 0.00 Adjusted by Capital Gains or Losses 0.00 0.00 Earnings during Periods 0.00 0.00 Cash/Checking Accounts: Interest Collected 33,772.94 273,102.63 Plus Accrued Interest at End of Period 4,409.90 4,409.90 Less Accrued Interest at Beginning of Period ( 21,526.22) ( 74.123.21) Interest Earned during Period 16.656.62 203.389.32 Total Interest Earned during Period 324,741.53 2,063,752.64 Total Adjustments from Premiums and Discounts -30,141.78 -187,668.86 Total Capital Gains or Losses 0.00 -21,439.99 Total Earnings during Period 294,599.75 1,854,643.79 Portfolio CITY AP Rrm Owe'.04rM2022-13'.57 PM(PRF_PMa)7.3.11 Report Ver.7.3.11 36 o��y 1NVESr State of California W �Fy9c� Pooled Money Investment Account Market Valuation 1/31/2022 Carrying Cost Plus Description Accrued Interest Purch. Fair Value Accrued Interest United States Treasury: Bills $ 48,500,254,535.59 $ 48,460,414,000.00 NA Notes $ 85,696,415,143.41 $ 84,813,187,000.00 $ 147,054459.50 Federal Agency: SBA $ 345,829,327.41 $ 346,364,913.87 $ 146,293.30 MBS-REMICs $ 6,159,422.37 $ 6,391,641.14 $ 28.137.60 Debentures $ 10,404,956,466.49 $ 10,349,010,050.00 $ 8,594,390.00 Debentures FIR $ - $ - $ - Debentures CL $ 900,000,000.00 $ 882,711,000.00 $ 773,360.00 Discount Notes $ 22,357,095,147.12 $ 22,333,152,750.00 NA Su ranational Debentures $ 2,069,293,683.95 $ 2,040,256,500.00 $ 6,507,100.50 Su ranational Debentures FIR $ 50,000,000.00 $ 50,005,500.00 $ 15 516.67 CDs and YCDs FIR $ $ $ Bank Notes $ - $ - $ - CDs and YCDs $ 14,925,000,416.66 $ 14,919,734,588.32 $ 7,131,118.02 Commercial Paper $ 12,613,539,263.83 $ 12,614,873,270.77 NA Corporate: Bonds FIR $ - $ - $ - Bonds $ 329,900,428.70 $ 322,995,970.00 $ 1,541,557.55 Repurchase Agreements $ $ $ Reverse Repurchase $ $ - $ Time Deposits $ 3,903,500,000.00 $ 3.203,So0,000.00 NA PMIA&GF Loans $ 743,769,000.00 $ 743,769,000.00 NA TOTAL $ 202,845,712,835.53 1 $ 201,786,366,184.10 1 $ 171.791.933.14 Fair Value Including Accrued Interest $ 201,958,158,117.24 Repurchase Agreements, Time Deposits, PMIA& General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value (carrying cost). 37 Statement of Cash Receipts and Disbursements and Summary of Cash by Fund '�:,,,, Finance Department January 2022 Cash Receipts and Disbursements December 2021 January 2022 Receipts General Fund Property-Tax $ 24,015,007 $ 15,514,563 Local Sales Tax 3,843,392 3,660,024 Public Safety Sales Tax 267,988 223,976 Transient Occupancy Tax(TOT) 850,926 940,430 Utility Users Tax(UUT) 1,458,262 1,597,233 Other Revenue 3,470,402 5,179,294 Total General Fund Revenue 33,905,976 27,115,419 Total All Other Funds Revenue 14,919,339 10,699,810 Total Receipts s 48,825,316 $ 37,815,229 Disbursements General Fund Personnel Services (14,746,534) (10,926,377) Operating Expenses (4,118,527) (2,599,520) Capital Expenditures - - Non-Operating Expenses (465,427) (22,605) Total General Fund Disbursements (19,330,489) (13,548,502) Total All Other Funds Disbursements (18,223,083) (14,184,315) Total Disbursements (37,553,5721 (27,732,817) Not Change In Cash Flow $ 11,271,744 $ 10,082,412 Summary of Cash by Fund December 2021 January 2022 General Fund $ 76,987,473 $ 90,554,390 General Fund Other 2,828,068 2,662,390 Capital Projects Funds 25,068,128 24,758,753 Debt Service Funds 33,087,268 33,691,999 Enterprise Funds 77,902,768 75,230,152 Trust and Agency Funds 8,920,708 8,394,751 Internal Service Funds 26,505,102 26,407,301 Special Revenue Funds 56,018,131 SS,700,322 General Ledger Cash Balances $ 307,317,646 $ 317,400,068 Total cash will differ from investment portfolio total due to outstanding checks and/or other timing differences. Note: Above information was obtained from the City's accounting system records.The above information includes receipts from maturing investments and payments for purchased investments in the city investment portfolio.This statement is prepared in compliance with the City's Charter. 38 , City of Huntington Beach City of Huntington Beach 2000 Main St. Portfolio Management Huntington Beach, ''^m Portfolio Summary February 28, 2022 Par Market Book %of Daysto YTM YTM Investments Value Value Value Portfolio Term Maturity 360 Equiv. 365 Equiv. Federal Agency Issues-Coupon 127,650,000.00 125,417,898.50 127.685.434.16 41.85 1.491 1.065 1.209 1.225 Loral Agency Invesunent Funds 8,684,249.01 8,684,249.01 8,684,249.01 2.85 1 1 0.274 0.278 Treasury Securities-Coupon 61,000,000.00 60.142.520,00 61,088,328.82 20.02 1.195 1.007 1.041 1.055 Medium Term Notes-Supras 35,000,000.00 34,521,500.00 35,189,021.54 11.53 1.464 896 1.006 1.020 Corporate Bonds 51.694.000.00 51,775,909.86 51,932,728.34 17.02 1,183 410 2.065 2.093 ORANGE COUNTY POOL 20,558,673.37 20,558,673.37 20,55B,673.37 6.74 1 1 0,433 0.439 304,576,922.38 301,100,750.74 305,138,435.24 100.00% 1,234 821 1.218 1.235 Investments Total Earnings February 28 Month Ending Fiscal Year To Date Fiscal Year Ending Current Year 303,699.41 2,158,343.20 Current Budget 100,000.00 800,000.00 1,200,000.00 Last Year Actual 267,748.47 2,348,001.00 3,403,369.60 Average Daily Balance 302,980,501.77 281,421,253.65 Effective Rate of Return 1.31% 1.15% 1 certify that this report accurately reflects all City pooled investments and is in conformity with all State laws and the investment policy statement Sled with the City Council on February 1,2021.A copy of this policy is available at the office of the City Clerk.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations. Market Values provided by US Bank Custody. Alisa Backstrom,CITY TREASURER Reporting period 0 2/01120 2 2-0 2/2 812 0 2 2 Portfolio CITY AP Run Date:0,3 2 22-13'58 PM IPRF PM117.3.11 Report Ver.7.3.11 39 City of Huntington Beach Portfolio Management Page 1 Portfolio Details - Investments February 28, 2022 Average Purchase Stated YTM Days to Maturity CUSIP Investment a Issuer Balance Date Par Value Market Value Book Value Rate S&P 366 Maturity Data Federal Agency Issues-Coupon 3133ECHX5 4292 Federal Farm Credit Bank 05232019 5,000,ODO,00 5.075,950.00 5.002,294.86 2.260 AA 2.236 743 03/132024 3133EKTG1 4296 Federal Farm Credit Bank 07/012019 5.000.000.00 5,022,450.DO 0 998,861.11 1.750 1.821 122 07/012022 313383OR5 4281 Federal Home Loan Bank 12202018 5,000,ODO,00 5,125.600.00 5.030.172.78 3.250 2.743 465 OB/092023 3130AFVVXI 4285 Federal Home Loan Bank 021262019 5,000,000.00 5,087 450.00 5.000.000.00 2.550 2.550 455 D5/302023 313DAKN36 4320 Federal Home Loan Bank 01/152021 5.000.000.00 4.793.250.00 4.996.127.78 0.525 0,545 1,416 Dl/152028 313OAKN85 4321 Federal Home Loan Bank 01202021 5,000,ODO.00 4,757,500.DO 4.998.056.94 0.550 0.560 1421 O VL02026 313OAKUS3 4322 Federal Home Loan Bank 012B2021 5,000,ODO.00 4,751,350.00 5.000,000.00 0,500 0,500 1429 012M026 3130AMDL3 4327 Federal Home Loan Bank 05252021 5,000,000.00 4,843,250.00 5,000,000.00 0,800 OBDO 1,242 07252025 313OAMJN3 4328 Federal Home Loan Bank 052&rZ021 5,000,0DO.00 4 856,600.00 5.000,000.00 1.030 1.030 1,547 05262026 3130AM054 4331 Federal Home Loan Bank 06/162021 5,000,000.00 4 816 700.00 5,000,000m 0,700 0,700 1,295 09/162025 3130AM062 4332 Federal Home Loan Bank 06/142021 5.000.000.00 4.836,700.00 5.000,000.00 0.625 0.625 1.109 03/142025 3130ALEYS 4333 Federal Home Loan Bank 0611OM21 5.000.000.00 4 828 700,00 5.000,000.00 0.800 0.800 1464 03/042026 313DAMIA65 4334 Federal Home Loan Bank 06/302021 5.000.000.00 4.860.300.00 5,000,000.00 0.500 0.500 1.035 12202024 3130AMF56 4335 Federal Home Loan Bank 06/172021 5,000,000.00 4.779,150.00 4,974,245.13 0.750 0.873 1.564 O6/1 212 0 2 6 3130AMXJ6 4336 Federal Home Loan Bank 06/302021 5,000.000.00 4.858.800.00 5,000,000.00 0,500 0,500 944 09l302024 3130A03C5 4344 Federal Home Loan Bank 12/02/2021 4.000,000.00 3.948,960,00 4,OD0,000.00 1.000 1.000 911 Oa28/1024 313OA05SB 4345 Federal Home Loan Bank 12/302021 4.650,000.00 4.589,038.50 4.650.000.00 1.250 1.250 1.217 06/302025 3130AQD59 4346 Federal Home Loan Bank 12/302021 5,000,000.00 4.936,200.00 5,00,000.00 1.000 1.000 944 09/302024 313OA07E7 4347 Federal Home Loan Bank 12/30/2021 5.000.000.00 4.943.350.00 5.001.924.69 1.500 1.491 1.582 D6/302026 3130AQD42 4348 Federal Home Loan Bank 12282021 5.000.000.00 4.922.450.00 5,000.000.00 0.920 0.920 850 06282024 3130AQDSS 4349 Federal Home Loan Bank 12/302021 5.000.000.00 4,936.200.00 5.000.000.00 1.000 1.000 944 09/302024 3130AOS79 4356 Federal Home Loan Bank 02/07/2022 5.000.000.00 4.961.450.00 5,000,000.00 1.375 1.755 1.620 08107=26 3137EAEN5 4287 Federal Home Loan Mort Corp 03/08/2019 3.000,000.00 3.057.510.00 3.011,024.27 2.750 2.450 475 D611912023 3137EAENS 4288 Federal Home Loan Mon Corp 03/142019 3.000,000.00 3,057.510.00 3.011.515.54 2.750 2.437 475 05119/2023 3135GOU43 4289 Fed.Nazi Mort Assoc. 03/152019 5.000.000.00 5,112.500.00 5.029,509.34 2.875 2.465 560 09/122023 3135GA2Z3 431E Fed.Noll Mom Assoc. 01/11/2021 3,000.000.00 2.563.530.00 3.002.525.09 0.560 0.537 1.357 11/172025 3135GO423 4329 Fed.Noll Mon.Assoc. 05/142021 5.000.000.00 4.799.450.00 4.979.186.63 0.500 0.62E 1.204 06/172025 Subtotal and Avenge 126,615,948-40 127,650,000.00 125,417.898.50 127.685,434.16 1.225 1,06S Local Agency Investment Funds SYS982 982 Lai/City 8.684,249,01 8,684,249.01 6,684,249.01 0.278 0.278 1 Subtotal and Avenge 8,684,249.01 8,684,249.01 8,694.249.01 8.684,249.01 0.278 1 Treasury Securities-Coupon 912828YH7 4298 US Treasury Notes 12/052019 5.000.000.00 4,987.500.00 4.988,206.70 1.500 AAA 1.595 944 09/302024 91282BP79 4299 US Treasury Notes 12/052019 3.000.000.00 3,011,490.00 2.997,832.87 1.500 AAA 1.574 364 02282023 Portfolio CITY AP Run Date.04202022-13'.59 PM(PRF PM2)7.3.11 Report Ve d.3.t 1 City of Huntington Beach Portfolio Management Paget Portfolio Details - Investments February 28, 2022 Average Purchase Staled YTM Days to Maturity CUSIP Investment Is Issuer Balance Date Par Value Market Value Book Value Rate S&P 365 Maturity Data Treasury Securities-Coupon 91282CAB7 4330 US Treasury Notes 05/192021 5,000,000.00 4,761,350.00 4,938.494.92 0.250 0.615 1.248 07/312025 91282CCW9 4339 US Treasury Notes 09232021 1.000.000.00 956,950.00 993.845.26 0.750 0.890 1,644 08/312026 91282CAJ0 4340 US Treasury Notes 0927/2021 5,000.000.00 4,752.150.00 4.916.383.37 0.250 0.735 1,279 081312025 91282CCP4 4341 US Treasury Notes 09/30/2021 5.000,000.00 4.761,350.00 4.929 987.21 0.625 0.950 1,613 07/312026 91282CCW9 4342 US Treasury Notes 11232021 5,000,000.00 4,784.750.00 4,883.506.75 0.760 1.285 1,644 Oar3lr2O26 912828YM6 4350 US Treasury Notes 12/312021 3.000.000.00 2.991.690.00 3,045.697.83 1.500 D.920 975 10/312024 9128284Z0 4351 US Treasury Notes 12/312021 5.000.000.00 5.175.800.00 5.281.590.14 2.750 1.103 1.279 O81312025 91282BS92 4352 US Treasury Notes 01/142022 5.000.000.00 4.997.650.00 5.038.017.41 1.250 0.711 517 07/312023 91282BY87 4353 US Treasury Notes 01/14/2022 5.000,000.00 5.023.050.00 S,Oa6,018.84 1.750 1.028 883 07/312024 91282B2D1 4354 US Treasury Notes 01212022 5,000.000.00 5,002,550.00 5,035,008.52 1.375 0.903 548 OW12023 91282CCN9 4357 US Treasury Notes 02102r2022 5,000,000.00 4,917.800.00 4.939.117.07 0.125 0.991 517 07/31/2023 91282BY37 4358 US Treasury Notes 02/112022 4,000.000.00 4.018,440.00 4,014.621.93 1750 1.595 883 07/312024 Subtotal and Average 59,480.137.66 61,000,000.00 60,142.520.00 61,088.328.82 i.OSS 1.007 Medium Term Notes-Supras 45818WBX3 4290 Inter-Amencan Dev.Bank 032a2019 4.000.000.00 4.084.360.00 4.031 483.30 2.870 2,270 506 07202023 45818V4BY1 4291 Inter-American Dev.Bank 0328/2019 5.000.000.00 S.115,250.00 5,047.559,41 2.960 2.271 533 08/162023 45818WCT1 4312 Inter-American Dev.Bank 042912020 6.000.000.00 6.023.040.00 6,057.068.72 1.600 0.550 335 01202023 459058JLB 4319 Intl Bk Remn 8 Development 01/12/2021 5.000.000.00 4.768.450.00 4.997,901.65 0.500 AAA 0.512 1.337 10282025 459056HV2 4323 Intl Bk Recon 8 Development 04/23/2021 5,000.000.00 4,986,950.00 5,132,800.66 1.500 AAA 0.425 911 08282024 45906M21.4 4324 Intl Bk Remn 8 Development 04/30/2021 5.000,000.00 4.774,600.00 4.957,191.81 0.650 AAA 0.870 1.456 02242026 459058JE4 4338 Ind Bk Remn 8 Development 07/30/2021 5.000,000.00 4 768,650.00 4,965,015.99 0.376 AAA 0.584 1.245 072=025 Subtotal and Average 35,195,427.72 35,000,000.00 34,521,500.00 35,189,021.54 1.020 896 Corporate Bonds 037833DE7 4313 Apple Inc. 04/292020 5,000,000.00 5.046,400.00 5.069.767.56 2A00 0.720 318 01/132023 14913112P1 4343 Caterpillar Financial Corp. 1=2=21 5,000.000.00 4,832.950.00 4.952,577.82 0.600 0.980 927 09/132024 166764AH3 4294 Chevron Corp 05242019 5,000.000.00 5,095.450.00 5,038.773.13 3.191 AA 2.528 480 06242023 254687CR5 4300 Disney 12/162019 2,875.000.00 2.975.826.25 2,959,03BA6 4.000 2.070 579 10/012023 437076BG6 4293 Home Depot Inc 05242019 5,000,000.00 5.015.800.00 5.001.759.43 2.625 A 2.474 92 06/012022 459200HG9 4274 IBM Corp owlino18 3.000.000.00 3,010,770.00 2,983.242.95 1.875 A 3.257 153 08/01/2022 67066GALB 4355 Nvidia 01242022 5.000.000.00 4.865.500.00 4.925,212.27 0.584 1.250 836 06/142024 713448CX4 4280 PEPSICO INC 12t212018 5,000,000.00 5.022.150.00 4,99B,926.59 3.100 3.160 138 07/17/2022 882508SAl 4279 Texas Instruments Inc 12212018 5,000.000.00 5.006.050.00 4,988.123.12 1.850 3.564 75 05/15/2022 904764AW7 4288 Unilever 03/012019 5,000.000.00 5.007,150.00 4994,906.29 2.200 2.802 65 05/052022 90331HNVI 4306 US Bank NA CincinnaU 02212020 2.000.000.00 2,045,860.00 2.045.616.76 3.400 AA 1.671 510 07242023 Portfolio CITY AP Run Date:0420I2022.13SO PM(PRF_PM2)7.3.11 41 City of Huntington Beach Portfolio Management Page 3 Portfolio Details - Investments February 28, 2022 Average Purchase Staled YTM Days to Maturity CUSIP Investments Issuer Baarice Date Par Value- Market Value Book Value Rate S&P 365 Maturity Date Corporate Bonds 91159HRXI 4325 US Bank NA Cincinnati D413012021 3.809.000.00 3,852,003.61 3.974 783.96 2.400 0.528 882 0713OM24 Subtotal and Avenge 51,936,608.21 51,694,000.00 51,775,909.86 51,932,728.34 2.093 410 ORANGE COUNTY POOL OCP1 01 Orange County Invest Pool 20,558,673.37 20.558.673.37 20,558,673.37 0.439 0.439 1 Subtotal and Average 21,068,130.77 2D,558,673.37 20,558,673.37 20,558,673.37 0.439 1 US Bank Sweep First AM Gov FAM1 02 First American 08/012021 0.00 0.00 0.00 0.020 0.020 1 Subtotal and Average 0.00 0.00 0.00 0.00 0.000 0 Total and Average 302,990,501.77 304,576,922.38 301,100,750.74 305,138,435.24 1.235 821 Portfolio CITY AP Run Dale:04r2WOn-13'.58 PM IPRF PM217.3.11 42 City of Huntington Beach Portfolio Management Page Portfolio Details - Cash February 28, 2022 Avurage Purchase Stated YTM Days to CUSIP Investment a Issuer Balance Date Par Value Markel Value Book Value Rate S&P 365 Maturity Average Balance 0.00 0 Total Cash and Investments 302,980,501.77 304,576,922.38 301,100,750.74 305,138,435.24 1.235 821 Portfolio CITY AP Run Data:e<MMn-13r58 PM(PRF PM2)7.3.11 43 City of Huntington Beach Portfolio Management Page 1 Activity By Type February 1, 2022 through February 28, 2022 Stated Transaction Purchases Redemptions CUSIP Investmenl0 Issuer Rate Date or Deposits or lMthdrawals Balance Federal Agency Issues-Coupon 3130AQS79 4356 Federal Home Loan Bank 1.375 021072022 5.000.000.00 0.00 Subtotal 5,000,000.00 0.00 127,685,434A6 Local Agency Investment Funds (Monthly Summary) Subtotal 8,684,249.01 Treasury Securities-Coupon 91282CCN9 4357 US Treasury Notes 0.125 02/022022 4.935.937.50 0.00 912828YB7 4358 US Treasury Notes 1.750 02/112022 4.014.920.00 0.00 Subtotal 8,950,857.50 0.00 61,088,329.82 Medium Term Notes-Supras Subtotal 35,189,021.54 Corporate Bonds Subtotal 51,932,728.34 ORANGE COUNTY POOL (Monthly Summary) OCPI at Orange County Invest Pool 0.439 27,229.35 15. 02,157.77 Subtotal 27,229.36 15,002,157.77 20,5S8,673.37 US Bank Sweep First AM Gov (Monthly Summary) Subtotal 0.00 Total 13,978,086.86 15.002.157.77 305,138,436.24 Portfolio CITY AP Run Date.D1/A/ n-13:M PM(PRF PM3)7.3.11 Report Vet.7.3.11 44 City of Huntington Beach Portfolio Management Page Activity Summary February 2021 through February 2022 Yield to Maturity Managed Number Number Month Number of Average 360 365 Pool of Investments of Investments Average Average End Year Securities Balance Equivalent Equivalent Rate Purchased Redeemed Term Days to Maturity February 2021 34 244,848.561.08 1.338 1.356 0.407 0 0 821 471 March 2021 34 241,725,743.55 1.272 1.290 0.357 0 1 812 451 April 2021 37 245,258,735.71 1.187 1.203 0.339 4 0 833 488 May 2021 41 272,220,547.80 1.102 1.117 0.315 4 1 832 529 June 2021 47 299.541,338.17 1.096 1.111 0.262 7 1 965 667 July 2021 47 294,084,830.D6 1.128 1.144 0.221 1 2 1,019 705 August 2021 46 278,833.182.25 1.133 1.149 0.221 1 1 1.032 711 September 2021 48 271,196.912.63 1.112 1.128 0.206 3 2 1.045 713 October 2021 46 270.161,809.86 1.135 1.150 0.203 0 0 1.080 715 November 2021 47 269.384.512.30 1.149 1.165 0.203 1 0 1,112 725 December 2021 54 262,845,749.33 1.143 1.159 0.212 7 0 1,151 774 January 2022 60 303,250,810.44 1.165 1.182 0.234 4 0 1,182 795 February 2022 63 302,980,501.77 1.219 1.235 0.278 3 0 1,234 821 Average 46 273,581,406.10 1.168% 1.184% 0.266 3 1 1,009 659 Portfolio CITY AP Run Date:04202022-13:58 PM(PRF_PM4)7.3.11 Rcpot Vm 7.3.11 45 City of Huntington Beach Portfolio Management Page 1 Interest Earnings Summary February 28, 2022 February 28Month Ending Fiscal Year To Date CD/Coupon/Discount Investments: Interest Collected 236.197.13 2,206,876.06 Plus Accrued Interest at End of Period 741,822.45 741,822.45 Less Accrued Interest at Beginning of Period ( 655,349.31) ( 764,664.92) Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period 322,670.27 2,183,033.59 Adjusted by Premiums and Discounts -27,917.92 -215,586.78 Adjusted by Capital Gains or Losses 0.00 .21 439.99 Earnings during Periods 294,752.35 1.946.006.82 Pass Through Securities: Interest Collected 0.00 0.00 Plus Accrued Interest at End of Period 0.00 0.00 Less Accrued Interest at Beginning of Period ( 0.00) ( 0.00) Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period 0.00 0.00 Adjusted by Premiums and Discounts 0.00 0.00 Adjusted by Capital Gains or Losses 0.00 0.00 Earnings during Periods 0.00 0.00 CashlChecking Accounts: Interest Collected 27.229.36 300.331.99 Plus Accrued Interest at End of Period -13,872.40 -13,872.40 Less Accrued Interest at Beginning of Period ( 4,409.90) ( 74.123.21) Interest Earned during Period 8,947,06 212,336.38 Total Interest Earned during Period 331,617.33 2,395,369.97 Total Adjustments from Premiums and Discounts -27,917.92 -215,686.78 Total Capital Gains or Losses 0.00 -21.439.99 Total Earnings during Period 3D3,699.41 2,158,343.20 Portfolio CITY AP Rw Date:WQar1o22-13'58 PM(PRF PW 7.3.11 Report Ver.7.3.11 46 °EST4,4 State of California W o Pooled Money Investment Account Market Valuation �r.unoim�� 2/28/2022 Carrying Cost Plus Description Accrued Interest Purch. Fair Value Accrued Interest United Slates Treasury: Bills $ 46,472,272,106.97 $ 46,429,166,500.00 NA Notes $ 84,628,471,463.24 $ 83,478,898,500.00 $ 104,971,057.50 Federal Agency: SBA $ 340,292,826.93 $ 340,771,620.75 $ 143.809.26 MBS-REMICs $ 5,920,047.32 $ 6,126,573.69 $ 26,972.04 Debentures $ 9,304,930,731.93 $ 9,234,710,500.00 $ 8,465,057.10 Debentures FIR $ - $ - $ Debentures CL $ 800,000,000.00 $ 782,249,000.00 $ 800,862.00 Discount Notes $ 23,921,165,555.40 S 23,894,611,500.00 NA Su ranational Debentures $ 2,069,131,963.01 $ 2,029,098,000.00 $ 6,080,057.50 Su ranational Debentures FIR $ 50,000,000.00 $ 50,002,000.00 $ 24,568.06 CDs and YCDs FIR $ $ $ - Bank Notes $ $ $ CDs and YCDs $ 13,985,000,000.00 $ 13,977,462,334.62 $ 8,006,081.95 Commercial Paper $ 12,359,935,277.68 $ 12,359,096,486.15 NA Corporate: Bonds FIR $ - $ - $ Bonds $ 425,881,030.93 $ 416,133,480.00 $ 2,466,855.73 Repurchase Agreements $ S $ Reverse Repurchase $ $ $ TPiMe De F t $ 3.160,5609000 $ 3,960,500,000.00mGosis loans 000.00 $ 743,769,000.00 NA 1 NA TOTAL $ 199,067,270,003.41 1 $ 197,702,595,495.21 1 $ 130,985,321.14 Fair Value Including Accrued Interest $ 197,833,580,816.35 Repurchase Agreements, Time Deposits, PMIA&General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value(carrying cost). 47 Statement of Cash Receipts and Disbursements and Summary of Cash by Fund Finance Department 0 February 2022 Cash Receipts and Dlsbursomenis January 2022 February 2022 Receipts General Fund Property Tax $ 15,514,563 $ 103,003 Local Sales Tax 3,660,024 5,291,192 Public Safety Sales Tax 223,876 224,304 Transient Occupancy Tax(TOT) 940,430 667,825 Utility Users Tax(UUT) 1,597,233 1,693,719 Other Revenue 5,179,294 5,406,628 Total General Fund Revenue 27,115,419 13,386,671 Total All Other Funds Revenue 10,699,810 12,469,103 Total Receipts $ 37,615,229 $ 25,855,774 Disbursements General Fund Personnel Services (10,926,377) (10,462,104) Operating Expenses (2,599,520) (3,399,382) Capital Expenditures - - Non-Operating Expenses (22,6051 (949,203) Total General Fund Disbursements (13,548,502) (14,810,689) Total All Other Funds Disbursements (14,184,315) (15,464,431) Total Disbursements (27.732,817) (30,275,119) Net Change In Cash Flow $ 10,082,412 $ (4,419,346) Summary of Cash by Fund January 2022 February 2022 General Fund $ 90,557,962 $ 89,133,944 General Fund Other 2,662,390 3,965,689 Capital Projects Funds 24,758,753 23,984,663 Debt Service Funds 33,691,999 34,561,810 Enterprise Funds 75,230,152 75,891,199 Trust and Agency Funds 8,395,096 5,930,345 Internal Service Funds 26,407,301 24,562,351 Special Revenue Funds 55,700,287 55,054,591 General Lodger Cash Balances f 317.403,939 $ 312.984,593 Total cash will differ from Investment portfolio total due to outstanding checks and/or other liming differences. Note: Above Information was obtained from the Cllys accounting system records.The above Information Includes receipts from maturing Investments and payments for purchased Investments In the city Investment portfolio.This statement is prepared In compliance with the City's Charter, 48 City of Huntington Beach City of Huntington Beach 2000 Main St. Portfolio Management Huntington Beach, Portfolio Summary March 31, 2022 Par Market Book %of Days to YTM YTM Investments Value Value Value Portfolio Term Maturity 360 Equiv. 365 Equiv. Federal Agency Issues-Coupon 132.225.000.00 127,386,617.25 132,224,201.84 44.12 1.484 1.041 1.229 1.246 Local Agency Invesanent Funds 5.684.249.01 5,6B4,249.01 5.684.249.01 1.90 1 1 0.360 0.365 Treasury Securities-Coupon 66.000.000.00 63,898,110.00 66.099.139.52 22.06 1.171 968 1.129 1.145 Medium Tom Notes-Supras 35,000,000.00 33,913,840.00 35.176.565.10 11.74 1,464 B65 1.006 1.020 Corporate Bonds 46,684,000.00 46,411,590.53 46,924,011.19 15.66 1,192 413 2.025 2.053 Commercial Paper Disc.-Amortizing 3.000.000.00 2.993.610.00 2.993.399.17 1.00 90 89 0.892 0.904 ORANGE COUNTY POOL 10,575,624.36 10,575,624.36 10,575,624.36 3.53 1 1 0.456 0.462 299,168,873.37 290,863,641.15 299,677,190.19 100.00% 1,272 840 1.258 1.276 Investments Total Earnings March 31 Month Ending Fiscal Year To Date Fiscal Year Ending Current Year 324,815.16 2,483,158.36 Current Budget 100,000.00 900.000.00 1,200,000.00 Last Year Actual 261,545.23 2,609,546.23 3,403,369.60 Average Daily Balance 303,455,743.14 283,914,206.84 Effective Rate of Return 1.26% 1.17% 1 certify that this report accurately reflects all City pooled investments and is in conformity with all Slate laws and the investment policy statement filed with the City Council on February 1,2021.A copy of this policy is available at the Office of the City Clerk.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations. Market Values provided by US Bank Custody. Alisa Backstrom,CITY TREASURER Reporting period 03101/2022-03/31/2022 Portfolio CITY AP Run Date:O4/10/d022-14 00 P611(PRF PMl)7.3.11 Report Ver.7.3.11 49 City of Huntington Beach Portfolio Management Page 1 Portfolio Details - Investments March 31, 2022 Average Purchase Staled YTM Days to Maturity CUSIP Investment 0 Issuer Balancn Date Par Value Market Value Book Value Rate S&P 366 Maturity Date Federal Agency Issues-Coupon 3133ECHXS 4292 Federal Farm Credit Bank 05232019 5.000.000.00 5,008,050.00 5,002.191.21 2.260 AA 2.236 712 D3/132024 3133EKTGI 4296 Federal Farm Credit Bank 07/'012019 5.000.000.00 5,017 800.00 4.999.145.83 1.750 1.821 91 07/012022 313383OR5 4281 Federal Home Loan Bank 12/202018 5.000.000.00 5,070,950.00 5,028,196.40 3.250 2.743 434 06/09/2023 3130AFMI 4285 Federal Home Loan Bank 02/262019 5.000.000.00 5.036,750.00 5.000,000.00 2.550 2.550 424 OS/302023 313OAK1436 4320 Federal Home Loan Bank OVIS 021 5.000.000.00 4,666,150.OD 4,996.211.11 0.525 0.545 1.385 01/152026 3130AKN85 4321 Federal Home Loan Bank 012OM21 5.000 000.00 4.626,750.00 4,998,098.61 0.550 0,560 1,390 01202026 313OAKUS3 4322 Federal Home Loan Bank 012812021 5.000,000.00 4.623.850.00 5.000.000.00 0.500 0,500 1.398 D128/2026 3130AMDL3 4327 Federal Home Loan Bank 05252021 5.000.000.00 4,728.400.00 5,000,000.00 0,800 0.800 1.211 07252025 313OAMJN3 432E Federal Home Loan Bank 05/262021 5,000.000.00 4,723.600.00 5,000.000.00 1.030 1.030 1.516 05262026 3130AM054 4331 Federal Home Loan Bank 06/162021 5.000,000.00 4.697,500.00 5,000,000.00 0.700 0,700 1,264 09/162025 3130AM062 4332 Federal Home Loan Bank 06/142021 5.000.000.00 4.732.650.00 5.000.000.00 0,625 0.625 1,078 03/142025 313OALEY6 4333 Federal Home Loan Bank 06/102021 5.000.000.00 4.599,150.00 5.000.000.00 0.800 0.800 1,433 03/042026 3130AMMS 4334 Federal Home Loan Bank 06/302021 5.000.000.00 4.762 400.00 5.000.000.00 0.500 0.500 1,004 12r302024 3130AMFSG 4315 Federal Home Loan Bank 06/17/2021 5.000.000.00 4646 350.00 4,974,746.52 0.750 0,873 1.533 06/122026 3130AMXJ6 4336 Federal Home Loan Bank 06/302021 5.000.000.00 4.768,800.00 5.000.000.00 0.500 0.500 913 09/302024 313OA03C5 4344 Federal Home Loan Bank 12/022021 4,000.000.00 3,679.680.00 4.000.000.00 1.000 1.000 880 DWM024 3130ACISSB 4345 Federal Home Loan Bank l2/3O/2021 4.650.000.00 4.488,970.50 4.650.000.00 1.250 1.250 1,186 06/'30/2025 313OAQD59 4346 Federal Home Loan Bank 121302021 5.000.000.00 4.847.350.00 5.000.000.00 1.000 1.000 913 09/J02024 3130A07E7 4347 Federal Home Loan Bank 12/30/2021 5,000,000.00 4,820,600.00 5,001,887.65 1.500 1.491 1,551 06/302026 3130AOD42 4348 Federal Home Loan Bank 12/28/2021 5.000,000.00 4,840.350.00 5.000.000.00 0.920 0.920 819 06282024 3130AQD59 4349 Federal Home Loan Bank 12/302021 5.000.000.00 4.847.350.00 5,000.000.00 1.000 1.000 913 09/302024 3130AQS79 4356 Federal Home Loan Bank 02/07t2O22 5.000.000.00 4,833.050.00 5.000.000.00 1.375 1.755 1.589 08/072026 3130AOT94 4360 Federal Home Loan Bank 03/G4/2022 4.575,000.00 4,442,736.75 4.542,545.41 1.800 1.816 1.245 08282025 3137EAEN5 4287 Federal Home Loan Mort Corp 03/082019 3,000,000,00 3.027.390.00 3.010.317.59 2.750 2.450 444 06/19/2023 3137EAEN5 4288 Federal Home Loan Mon Corp 03/142019 3.000.000.00 3,027,390.00 3.010,777.37 2.750 2.437 444 06/19/2023 3135GOU43 4289 Fed.Nall Mom Assoc. 03/152019 5.000,000.00 5.050.700.00 5.027,902.66 2.875 2.465 529 09/122023 3135GAZZ3 4318 Fed.Nall MOM Assoc. 01/112021 3.000.000.00 2,789,850.00 3.002,468.38 0.560 0.537 1.326 11/172025 3135GO4Z3 4329 Fed.Natl Mot Assoc. 05/142021 5.000 000.00 4.686,050.00 4.979,713.10 0.500 0.628 1.173 06/172025 Subtotal and Avenge 131,786,067.37 132,225.000.00 127,386,617.25 132.224,201.84 1.246 1,041 Local Agency Investment Funds SYS982 982 Lail City 5.684.249,01 5,684,249.01 5,684,249.01 0.365 0.365 1 Subtotal and Avenge 5,877,797.40 6,6B4,249.01 5,684,249.01 5,684,249.01 0.365 1 Portfolio CITY AP Run Dale:Da202022.14:00 PM(PRF PM2)7.3.11 Report V%,07.3.11 City of Huntington Beach Portfolio Management Page 2 Portfolio Details - Investments March 31, 2022 Average Purchase Staled YTM Days to Maturity CUSIP Investment Is Issuer Balance Date Par Value Market Value Book Value Rate S&P 365 Maturity Date Treasury Securities-Coupon 912828YH7 4298 US Treasury Notes 12/OS12019 5,000,000.00 4.882,250.00 4.988,593,98 1.500 AAA 1,595 913 0913=024 91282BP79 4299 US Treasury Notes 12/052019 3,000.000.00 2.996.010.00 2.99801744 1,500 AAA 1.574 333 02/282023 91282CAS7 4330 US Treasury Notes 05/192021 5,000.000.00 4.635.550.00 4.940.022.69 0.250 0,615 1,217 07/312025 91282CCVA 4339 US Treasury Notes 0923/2021 1 000,000.00 926,840.00 993.981.31 0.750 0.890 1,613 08/312026 91282CAJO 4340 US Treasury Notes 09/272021 5,000,000.00 4,626,150.00 4.918.410.04 0.250 0,735 1,248 08/312025 91282CCP4 4341 US Treasury Notes 091302021 5,000,OOD.00 4.613,650.00 4.931.332.77 0.625 0.950 1,582 07/31/2026 91282CCW9 4342 US Treasury Notes 11232021 5.000,000.00 4.634,200.00 4.885.703.39 0.750 1.285 1.513 08/312026 912828YM6 4350 US Treasury Notes 12/31/2021 3.000.000.00 2.926,890.00 3,044.244.87 1.500 0.920 944 10/112024 9128284ZO 4351 US Treasury Notes 12/312021 5,OOD,000.00 5,035,950.00 5,274.765.05 2.750 1.103 1.248 OW12025 912828S92 4352 US Treasury Notes 01/142022 5.000000.00 4.948.250.00 5,035.737.83 1.250 0.711 486 071112023 912828Y87 4353 US Treasury Notes 01/14/2022 5,000,000.OD 4,921.900.00 5.082.998.92 1.760 1.028 852 07/312024 9128282DI 4354 US Treasury Notes 01212D22 5,000.000.00 4.950.400.00 5.033.028.11 1.375 0.903 517 08/312023 91282CCN9 4357 US Treasury Notes 02/022022 5,000,00D.00 4.874.050.00 4.942,767.69 0.125 0.991 486 07/312023 912828Y87 4358 US Treasury Notes 02/1 V2022 4,000.000.00 3.937.520.00 4.014.108.59 1350 1.595 852 OW 2024 912828056 4361 US Treasury Notes 03222022 5.000.000.00 4.988,500.00 5.015.446.84 2.375 2.240 867 08/152024 Subtotal and Average 62,703,847.91 66,000,000.00 63,998,110.00 66,999.139.52 1.145 968 Medium Term Notes-Supras 45818WBX3 4290 Inter-American Dev.Bank 03282019 4,000,000.00 4,039.560,00 4,029,590.52 2.870 2.270 475 07202023 4581BWBY1 4291 Inter-American Dev.Bank 03282019 5,000,000.00 5,055,800.00 5.044.841.73 2.960 2.271 502 08/162023 45818MTI 4312 Inter-American Dev.Bank 0,1a92020 6,OD0,000.00 5,990.880.00 6.051.864.88 1.600 0.550 304 011302023 459058JL8 4319 Ind 8k Recon 8 Development 01/122021 5.000,000.00 4,639,150.00 4.997 949.45 0.500 AAA 0.512 1.306 10282025 459056HV2 4323 Ind Bk Recon 6 Development 04232021 5,000,000.00 4.890,100.00 5,128 359A7 1.500 AAA 0.425 880 08282024 45906M2L4 4324 Intl Bk Recon 8 Development 04/302021 5,000,000.00 4.650.200.00 4,958.088.00 0.650 AAA 0.870 1,425 02242026 459058JE4 4338 Ind Bk Recon 8 Development 07l30/2021 5,000 000.00 4.648.150.00 4.965.871.35 0.376 AAA 0.584 1.214 0728/2025 Subtotal and Avenge 35,182.401.88 35,000,000.00 33,913,840.00 35,176,565.10 1.020 865 Corporate Bonds 037833DE7 4313 Apple Inc. 04/292020 5.000.000.00 5,030.450.00 5,063,059.14 2.400 0.720 287 01/132023 14913R2P1 4343 Caterpillar Financial Corp. 12/022021 5,000,000.00 4.764.900.00 4.954.137.76 0.600 0.980 896 09/132024 166764AH3 4294 Chevron Corp 05242019 5.000,000.00 5,054.200.00 5.036.313.95 3.191 AA 2.528 449 06242023 254687CRS 4300 Disney 12/162019 2.875.000.00 2.934.253.75 2,954.615.38 4.000 2.070 548 10/012023 459200HG9 4274 IBM Corp 09282018 3,000.000.00 3.004.410.00 2,986.594.36 1.875 A 3.257 122 08/012022 67066GALB 4355 Nvidia 01242022 5,000.000.00 4.794.500.00 4.927.938.43 0.584 1.250 805 06/14/2024 713448CX4 4280 PEPSICO INC 12212018 5.000.000.00 5,011,800.00 4999.163.37 3.100 3.160 107 07/172022 882508BAI 4279 Texas Instruments Inc 12212013 5.000.000.00 5.000.900.00 4.992.938.07 1.850 3.564 44 05/15/2022 Portfolio CITY AP Run Date:04202022-14:DO PM(PRF PM217.3.11 51 City of Huntington Beach Portfolio Management Page 3 Portfolio Details - Investments March 31, 2022 Average Purchase Stated YTM Days to Maturity CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate S&P 365 Maturity Date Corporate Bonds 904764AVw 4286 Un9ever 03/01Y2019 5,000,000.00 5,005,500.00 4.997.293.97 1200 2.802 34 05/052022 90331HNV1 4306 US Bank NA Cincinnati 02/21/2020 2.000.000.00 2,026,740.00 2,042,896.07 3.400 AA 1.671 479 07242023 91159HHX1 4325 US Bank NA Cincinnati 041`30=21 3,809,000.00 3,783,936.78 3.969.060.69 2A00 0.528 B51 07/3D2024 Subtotal and Average 47,895,340.99 46,694,000.00 46,411,590.53 46,924,011.19 2.053 413 Commercial Paper Disc.-Amortizing 62479MFVD 4362 MUFG Bank Ltd/NY 03I312022 3,OOD,ODO.00 2,993,610.00 2,993,399.17 0.890 0.904 89 06292022 Subtotal and Average 96.561.26 3,000,000.00 2,993,610.00 2,993,399.17 0.9114 89 ORANGE COUNTY POOL OCP1 01 Orange County Invest Pod 10,575,624.36 10.575.624.36 10,575,624.36 0.462 0.462 1 Subtotal and Average 19.913.726.32 10,575,624.36 10,575,624.36 10,575,624.36 0.462 1 US Bank Sweep First AM Gov FAM1 02 First American 08/012021 0.00 O.OD 0.00 0.020 0.020 1 Subtotal and Average 0.00 0.00 0.00 0.00 0.000 0 Total and Average 303,465,743.14 299,168,873.37 29D,863,641.15 299,677,190.19 1.276 940 Portfolio CITY AP Run Date:04r2e2022.14'DO PM(PRF PM2)7.3.11 52 City of Huntington Beach Portfolio Management Page Portfolio Details - Cash March 31, 2022 Average Purchase Stated YTM Days to CUSIP Investment Issuer Balance Date Par Value Markel Value Book Value Rate S&P 36S Maturity Average Balance 0.00 0 Total Cash and Investments 303,4S5,743.14 299,169,673.37 290,863,641.15 299,677,190.19 1.276 940 Portfolio CITY AP Run Date.D42M022-14;00 PM(PRF PM2)7.111 53 City of Huntington Beach Portfolio Management Page 1 Activity By Type March 1, 2022 through March 31, 2022 Stated Transaction Purchases Redemptions CUSIP Investment Issuer Rate Date or Deposits or Withdrawals Balance Federal Agency Issues-Coupon 3130AOT94 4360 Federal Home Loan Bank 1.600 03/0412022 4.541.831.25 0.D0 Subtotal 4,641,831.25 0.00 132,224.201-84 Local Agency Investment Funds (Monthly Summary) SYS982 982 Lad City 0.365 0.00 3,000,000.00 Subtotal DAD 3,000,000.00 5,684,249.01 Treasury Securities-Coupon 91282BD66 4361 US Treasury Notes 2.375 0322/2022 5,015,625.00 0.00 Subtotal 5,015,625.00 0.00 66,099,139.52 Medium Term Notes-Supras Subtotal 35,176,565.10 Corporate Bonds 4370768GB 4293 Home Depot Inc 2.625 03/072022 0.00 5,001 642.13 Subtotal 0.00 5,001,642.13 46,924,011.19 Commercial Paper Disc.-Amortizing 62479MFVO 4362 MUFG Bank Ltd/NY 0.890 03/31/2022 2,993,325.00 0.00 Subtotal 2,993,325.00 0.00 2,993,399.17 ORANGE COUNTY POOL (Monthly Summary) 0CP1 01 Orange County Invest Pool 0.462 17,891.01 10,000 940o2 Subtotal 17.891.01 10,000,940.02 10,575,624.36 US Bank Sweep First AM Gov (Monthly Summary) Subtotal 0.00 Total 12,568,672.26 18,002,582.16 299,677,190.19 Portfolio CITY AP Run Dam.D4Q0 M-14'.00 PM(PRF_PM3)7.3.11 Repot Vac 7.3.11 54 City of Huntington Beach Portfolio Management Page Activity Summary March 2021 through March 2022 Yield to Maturity Managed Number Number Month Numbest Average 360 365 Pool of Investments of Investments Average Awrage End year Securities Balance Equivalent Equivalent Rate Purchased Redeemed Term Days to Maturity March 2021 34 241,726,743.55 1.272 1.290 0.357 0 1 812 451 April 2021 37 245.258,735.71 1.187 1.203 0.339 4 0 833 488 May 2021 41 272,220,547.B0 1.102 1.117 0.315 4 1 832 529 June 2021 47 299,541,338.17 1.096 1.111 0.262 7 1 965 667 July 2021 47 294,084,830.D6 1.128 1.144 0.221 1 2 1,019 705 August 2021 46 278,833,182.25 1.133 1.149 0.221 1 1 1.032 711 September 2021 48 271.196.912.63 1.112 1.128 0.206 3 2 1.045 713 October 2021 46 270,161,809.B6 1.135 1.150 0.203 0 0 1.080 715 November 2021 47 269,384,612.30 1.149 1.165 0.203 1 0 1,112 725 December 2021 54 262,845.749.33 1.143 1.159 0.212 7 0 1,151 774 January 2022 60 303.250,810.44 1.165 1.182 0.234 4 0 1.182 795 February 2022 63 302.980,501.77 1.218 1.235 0,278 3 0 1.234 821 March 2022 66 303,455,743.14 1.258 1.276 0,365 3 1 1.272 840 Average 49 277,951,669.00 1.161% 1.178% 0.263 3 1 1,044 687 Portfolio CITY AP Run Date 04H@022.14 D0 PM(PRF_PMal 7.3,11 Repo:Ver.T3.11 55 City of Huntington Beach Portfolio Management Page Interest Earnings Summary March 31, 2022 March 31Month Ending Fiscal Year To Date CDICouponlDiscount Investments: Interest Collected 274,916.67 2,480,792.73 Plus Accrued Interest at End of Period 798,062.29 798,062.29 Less Accrued Interest at Beginning of Period ( 741,822.45) ( 764,664.92) Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period 331,156.51 2,514,190.10 Adjusted by Premiums and Discounts -27,335.16 -242,921.94 Adjusted by Capital Gains or Losses 11,357.87 -10.082.12 Earnings during Periods 315.179.22 2,261,186.04 Pass Through Securities: Interest Collected 0.00 0.00 Plus Accrued Interest at End of Period 0.00 0.00 Less Accrued interest at Beginning of Period ( 0.00) ( 0.00) Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period 0.00 0.00 Adjusted by Premiums and Discounts 0.00 0.00 Adjusted by Capital Gains or Losses 0.00 0.00 Earnings during Periods 0.00 0.00 CastdChecking Accounts: Interest Collected 17.891.01 318.223.00 Plus Accrued Interest at End of Period -22.127.47 -22.127.47 Less Accrued Interest at Beginning of Period ( -13.872.40) ( 74.123.21) Interest Earned during Period 9.635.94 221.972.32 Total Interest Earned during Period 340,792-45 2,736,162.42 Total Adjustments from Premiums and Discounts -27,335.16 -242,921.94 Total Capital Gains or Losses 11.357.87 -10,082.12 Total Earnings during Period 324,815.16 2.483.158.36 Portfolio CITY AP Run Date:D4ld00022-14'.00 PV(PRF_W(3)7.3.11 Report Ver.7.3.1 56 %%VESrj, State of California W 90 Pooled Money Investment Account Market Valuation Y Y 3/31/2022 Carrying Cost Plus Description Accrued Interest Purch. Amortized Cost Fair Value Accrued Interest United States Treasury: Bills S 46,438,364,881.91 $ 46,462,802,161.83 $ 46,366,792,000.00 NA Notes $ 91,137,412,378.62 $ 91,123,228,383.84 $ 89,180,593,000.00 $ 117,562,034.00 Federal Agency: SBA $ 329,037,520.12 $ 329,037,520.12 S 329,497,596.82 S 138,923.93 MBS-REMICs $ 5,703,902.13 $ 5,703,902.13 $ 5,844,529.41 $ 25,924.77 Debentures S 8,923,276,985.63 $ 8,922,590,857.86 $ 8,805,155,700.00 $ 8,519,115.80 Debentures FR S $ - $ - $ - Debentures CL $ 700,000,000.00 $ 700,000,000.00 $ 672,254,000.00 $ 905,027.00 Discount Notes $ 24,949,939,687.37 $ 24,960,712,979.03 $ 24,906,670,000.00 NA Su ranational Debentures $ 2,065,258,478.33 $ 2,065,258,478.33 $ 2,004,805,500.00 $ 5,592,972.00 Su ranational Debentures FR $ - $ - $ - $ - CDs and YCDs FR $ - $ - $ - $ Bank Notes $ - $ - $ - CDs and YCDs $ 15,335,000,000.00 $ 15,335,000,000.00 $ 15,320,961,230.66 $ 9,972,225.03 Commercial Paper $ 12,697,608,013.77 $ 12,705,537,708.34 $ 12,693,180,684.70 NA Corporate: Bonds FR $ - $ - $ - $ - Bonds $ 424,349,911.03 $ 424,107,855.47 $ 409,797,860.00 $ 1,877,396.95 Repurchase Agreements $ - $ - $ - $ Reverse Repurchase $ - $ - $ - $ Time Deposits S 4,135,000,000.00 $ 4,135,000,000.00 $ 4,135,000,000.00 NA PMIA&GF Loans S 756,663,000.00 $ 756.663.000.00 $ 756,663,000.00 NA TOTAL S 207,897,614,758.91 $ 207,925,642,846.95 $ 205,587,215,101.59 $ 144,593,619.48 Fair Value Including Accrued Interest $ 205,731,808,721.07 Repurchase Agreements,Time Deposits, PMIA&General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value(carrying cost). The value of each participating dollar equals the fair value divided by the amortized cost(0.988753536). As an example: if an agency has an account balance of$20,000,000.00, then the agency would report its participation in the LAW valued at$19,775,070.77 or$20,000,000.00 x 0.988753538. 57 Statement of Cash Receipts and Disbursements and Summary of Cash by Fund ,,,,,,; Finance Department March 2022 Cash Receipts and Disbursements February 2022 March 2022 Receipts General Fund Property Tax $ 103,003 5 4,542,358 Local Sales Tax 5,291,192 3,601,263 Public Safety Sales Tax 224,304 312,313 Transient Occupancy Tax(TOT) 667,825 852,125 Utility Users Tax(UUT) 1,693,719 1,775,334 Other Revenue 5,406,628 6,235,951 Total General Fund Revenue 13,386,671 17,319,345 Total All Other Funds Revenue 12,469,103 15,001,011 Total Receipts $ 25,855,774 $ 32,320,356 Disbursements General Fund Personnel Services (10,462,104) (12,230,806) Operating Expenses (3,399,382) (3,213,471) Capital Expenditures - - Non-Operating Expenses (949,203) (4,208) Total General Fund Disbursements (14,810,689) (15,448,485) Total All Other Funds Disbursements (15,464,431) (16,109,5621 Total Disbursements (30,275,119) (31,558,048) Not Change In Cash Flow $ 14,419,346) $ 762,308 Summary of Cash by Fund February 2022 March 2022 General Fund $ 89,192,910 5 91,063,770 General Fund Other 3,971,801 3,927,496 Capital Projects Funds 23,934,208 23,481,033 Debt Service Funds 34,608,733 35,051,475 Enterprise Funds 76,069,697 77,382,316 Trust and Agency Funds 6,074,678 5,408,120 Internal Service Funds 24,622,896 23,856,246 Special Revenue Funds 55,121,931 54,188,708 General Ledger Cash Balances $ 313,596,854 $ 314,369,162 Total cash will differ from investment portfolio total due to outstanding checks and/or other timing differences. Note: Above information was obtained from the City's accounting system records.The above Information includes receipts from maturing investments and payments for purchased investments in the city investment portfolio.This statement is prepared in compliance voth the City's Charter. 58 r O FB 1999 T � CITY OF HUNTINGTON BEACH QUARTERLY INVESTMENT REPORT CITY TREASURER, ALISA BACKSTROM , MBA, CCMT, CPFIM QUARTER ENDED: MARCH 31, 2022 INVESTMENT PORTFOLIO - SUMMARY: AS OF: March 31 , 2022 Investment Type Market $ in 000's Value Book Value Federal Agency Issues $ 127,387 $ 132,224 Local Agency Investment Fund (LAIF) $ 5,684 $ 5,684 Treasury Securities $ 63,898 $ 66,100 Medium Term Notes - Supranationals $ 33,914 $ 35,177 Corporate Bonds $ 46,412 $ 46,924 Commercial Paper $ 2,994 $ 2,993 OC Investment Pool $ 10,575 $ 10,575 TOTAL $ 2909864 $ 2990677 INVESTMENT PORTFOLIO — INVESTMENTS BY TYPE: 44% 3% 16% 22% 12% 2% 1 % ■ Federal Agencies ■ OC Investment Pool Corporate Bonds Treasuries MTN-Supras ■ LAIF ■ Commercial Paper INVESTMENT PORTFOLIO - QUARTERLY ACTIVITY (JAN-MARCH): (In 000's) Federal Agency Issues $ 9,575 Corporate Bonds $ 5,000 Treasury Securities $29,000 Commercial Paper $ 3,000 TOTAL $46,575 (In 000's) Corporate Bonds $ 5,000 LAIF $ 3,000 OC Investment Pool $40,000 TOTAL $48,000 INVESTMENT PORTFOLIO J Mar 2022: $324,815 Current Year - Month .J vs. budget: $1 00,000 ..] Through 03131 : $2,483,158 Current Fiscal Year-to-date J vs. budget: $900,000 J Mar 2022: 1 .26% Effective Rate of Return J Fiscal Year-to-date: 1 .17% _l Mar 2022: 0.50% Benchmark 12-month moving average 1 .5-year Treasury INTEREST RATES - US TREASURY RATES JANUARY 3, 2022 - MARCH 31, 2022 FRED —rr rAr rus r—uy rv.rr) rce FREp —ur r rno us nwy .v.rrsr.r crrr.%w )) lv ). u er � t f 1 1) Il J � o. 1) AJl 01 10 A))01 M AlJ N% Alt Ol tl Alt%OJ Alt%l� AU 0110 AL%N IDLY% ALYl� AL..% ALmII s.n.'w.drr..rlr.r rti r.r/AJtww;tv%MI I.N�.e'IaP Saxe werwllm dlb r.r.rp.)w ss.wn MI I.p r+'/aP 2-year US Treasury 5-year US Treasury 2.28% 2.42% at 3/31 at 3/31 SELECTED INVESTMENT POLICY COMPLIANCE REQUIREMENTS: MAXIMUM SPECIFIED INVESTMENT TYPE MAXIMUM % OF PORTFOLIO/ MINIMUM QUALITY IN MATURITY MAXIMUM PER REQUIREMENTS COMPLIANCE? ISSUER U.S. Treasury Obligations 5 years None None YES U.S. Government 5 years None None YES Agency Obligations Supranationals 5 years 10% "AA" Rating YES Corporate Notes 5 years 30%/10% "A" Rating YES Local Agency Investment Fund N/A Up to $75,000,000 None LAIF YES Orange County Investment Pool N/A Up to $75,000,000 None OCIP YES Maximum Maturities No more than 50°/, of portfolio maturing over 4 years. YES (Requirements are at purchase) SUMMARY: Safety - No principal losses Liquidity - Sufficient funds for operations Market rate of return - 1.26% March, 1.17% Fiscal Year-to-date (upward trend) Prudently managed - No compliance issues Positive contributor to City - Earnings of $2,483,158 fiscal year- to-date to be utilized for operating and other expenses 20M Main Street, Huntington Beach, CA 92848 City of Huntington Beach File #: 22-036 MEETING DATE: 2/1/2022 REQUEST FOR CITY COUNCIL ACTION SUBMITTED TO: Honorable Mayor and City Council Members SUBMITTED BY: Sean Joyce, Interim City Manager PREPARED BY: Alisa Backstrom, City Treasurer Subject: Receive and File the City Treasurer's December 2021 Quarterly Investment Summary Report Statement of Issue: Receive and File the City Treasurer's Quarterly Investment Report for December 2021, pursuant to Section 17.0 of the Investment Policy of the City of Huntington Beach. Financial Impact: Not Applicable Recommended Action: Receive and File the City Treasurer's Quarterly Investment Report for December 2021, pursuant to Section 17.0 of the Investment Policy of the City of Huntington Beach. Alternative Action(s): Deny or Critique Quarterly Report Analysis: Not Applicable Environmental Status: Not Applicable Strategic Plan Goal: Non Applicable - Administrative Item Attachment(s): 1. Treasurer's Quarterly Investment Report for December 2021 2. Treasurer's PowerPoint Presentation for December 2021 City of Huntington Beach Page 1 of 1 Printed on 1262022 CITY OF HUNTINGTON BEACH OFFICE OF THE CITY TREASURER ' QUARTERLY INVESTMENT REPORT POOLED PORTFOLIO PERIOD ENDED: DECEMBER 31 , 2021 PREPARED BY: ALISA BACKSTROM, MBA, CCMT, CPFIM CITY TREASURER COLIN STEVENS, MPP TREASURY ASSOCIATE 17 INVESTMENT PORTFOLIO SUMMARY: AS OF: December 31, 2021 Investment Type $ in 000's Market Value Book Value % of Portfolio Federal Agency Issues $ 122,464 $ 122,693 40.7% Local Agency Investment Fund (LAIF) $ 8,679 $ 8,679 2.9% Treasury Securities $ 36,872 $ 36,976 12.3% Medium Term Notes - IADB/IBRD $ 35,028 $ 35,214 11.7% Corporate Bonds $ 47,377 $ 47,028 15.6% OC Investment Pool 50,508 50,508 16.8% TOTAL $ 300,928 $ 301 ,098 100% Currently, funds within this portfolio are invested in federal agency securities, corporate bonds, medium term notes of the International Bank of Reconstruction and Development ("IBRD") and the Inter-American Development Bank ("IADB"), U.S. Treasury securities, the State of California's pooled account (Local Agency Investment Fund "LAIF"), and the Orange County Investment Pool ("OCIP"). Only the investment types allowed under California Government Code Section 53601 and the City's Investment Policy Statement are utilized. Short-term interest rates rose over the fourth quarter of 2021. As interest rates rise, the market prices of those securities previously purchased at lower than the current market rates, will go down. This has resulted in the current market value of the portfolio being slightly lower than the book value, at $300.9 million versus $301.1 million, respectively. Increasing rates will allow excess funds being invested at these higher rates to result in additional income for the portfolio. 18 PORTFOLIO BREAKOUT BY TYPE - Book Value as % of Total Portfolio: The largest holding by security type at month-end was federal agency securities at approximately 41% of the total overall portfolio. This was followed by the Orange County Investment Pool at approximately 17% of the total portfolio as of December 31. 19 INVESTMENT PORTFOLIO ACTIVITY: MONTHLY ACTIVITY: December 2021 Investment Type Purchases (Face Calls/Maturities/ $ in 000's Value)/Deposits Withdrawals Federal Agency Issues $ 28,650 Local Agency Investment Fund (LAIF) Medium Term Notes-IADB/IBRD Corporate Bonds $ 5,000 US Bank Sweep First AM Gov Treasury Securities $ 8,000 OC Investment Pool * $ 30 10,003 TOTAL $ 41,680 $ 10,003 'Includes Interest Income QUARTERLY ACTIVITY: October 1 to December 31, 2021 Investment Type Purchases (Face Calls/Maturities/ $ in 000's Value)/Deposits Withdrawals Federal Agency Issues $ 28,650 Local Agency Investment Fund (LAIF)* $ 13 $ 4,000 Medium Term Notes- IADB/IBRD Corporate Bonds $ 5,000 US Bank Sweep First AM Gov $ 5,044 Treasury Securities $ 13,000 OC Investment Pool * $ 95 15,009 TOTAL $ 46,758 $ 24,053 *Includes Interest Income 20 INVESTMENT PORTFOLIO EARNINGS: AS OF: December 31, 2021 Total Earnings Month: December Fiscal YTD Current Year $ 260,935 $ 1,559,409 Current Budget $ 100,000 $ 600,000 Last Year Actual $ 272,920 $ 1,816,004 Average Daily Balance $ 272,558,593 $ 276,099,096 Effective Rate of Return 1.13% 1.12% Benchmark * 0.20% n/a ' 12-month moving average of interpolated 1.5-year treasury Earnings for the month of December 2021 were $260,935, down just slightly (-4.39%) from the same month in the prior year, as recent interest rates have been on an upward path serving to begin to increase earnings. Fiscal year-to-date earnings of $1,559,409 were down from the same period during the previous year by 14.13%. This was due primarily to investments with rates higher than the market being called over the year, and such funds reinvested at (the then available) lower rates. The effective rate of return for December was 1.13%, with a fiscal year-to-date return of 1.12%. The increase in December's rate over that of the fiscal year-to-date depicts the trend of the recently increasing interest rates. The benchmark of the 12- month moving average of the interpolated 1.5-year U.S. Treasury was 0.20% at the end of December. As the portfolio maintains securities purchased when interest rates were higher than the present, the return of the portfolio overall fell more slowly than that of the benchmark and continues to remain higher. 21 TREASURY RATES: The following chart shows the 2- and 5-year Treasury rates for the period December, 2020 to December, 2021. The 2- and 5-year Treasury rates have been increasing over the past year. These Treasury rates are proxies for the type of rates the portfolio will obtain upon investment. Treasury Rates 1.30 1.25 SYr lq 1330 L300 1.20 1.15 3.3 1.10 1.05 1.00 0.95 0.90 aaa0 0. 0.85 o.an aex0 0.80 0.1 z 60 u 0.75 S z,0.70 aaeo 0.65 w 0 0.60 r 0.55 0. 0 rr is 0.s 0.50 a� 0.95 0.40 0.3s as 0.35 0.30 0.25 aJ 0330 alm alo0 0.20 OS50 0.360 0160 0.1$ 0.140 0.130 a.vo 0.10 0.05 0 0 0 0 0 0 0 0 0 0 0 0 0 ti M M n �. A 2-year Treasury 5-year Treasury 22 COMPLIANCE: The portfolio is in conformity with all relevant State regulations and the City's Investment Policy statement as approved by the City Council on February 1, 2021. The investment program herein shown provides sufficient cash flow liquidity to meet the next six months' obligations. MAXIMUM INVESTMENT MAXIMUM pORTFOLl0/SPECIFIED % OF MINIMUM QUALITY COMPLIANCE IN TYPE MATURITY MAXIMUM PER REQUIREMENTS ? ISSUER Commercial Paper 270 days 25%110% Al . 'A' Rating YES State Obligations— CA And Others b years None110% 'A' Rating YES U.S. Treasury b years None None YES Obligations U.S. Government A enc Obligations 6 years None None YES IBRD, IFC, IADB 5 years 10% 'AA' Rating YES Corporate Notes 6 years 30%110% 'A' Rating YES Local Agency Investment Fund NIA Up to $75,000,000 None LAIF YES Orange County Investment Pool NIA Up to $75,000.000 None OCIp YES Maximum Maturities No more than 50%of portfolio maturing over 4 years. YES Note: Compliance is measured at purchase per government code. 23 ECONOMIC AND MARKET SUMMARY: MARKET SUMMARY: SEPTEMBER 30, 2021 - DECEMBER 31, 2021 Fed Funds 2-Yr. 10-Yr. As of: Rate Treasury Treasury S&P 500 DJIA 9/30/2021 0.00-0.25% 0.28% 1.52% $ 4,307.54 $ 33,843.92 12/31/2021 0.00-0.25% 0.73% 1.52% 4,766.18 36 338.30 %Change none 160.71% 0.00% 10.65% 7.37% The Federal Open Market Committee (FOMC) met in December to discuss the current state of the economy and to examine potential future interest rate adjustments. They concluded that because of progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen. Additionally, they highlighted that the sectors most adversely affected by the pandemic have improved in recent months but continue to be affected by COVID- 19. They stated, "Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses." Fixed Income / Equity Markets: The yield on the 10-year U.S. Treasury finished the quarter at 1.52%, unchanged from the end of the previous quarter. The S&P 500 increased by 10.65% while the DJIA increased 7.37% respectively, over the same period. Employment: Total nonfarm payroll employment rose by 199,000 in December, and the unemployment rate decreased to 3.9 percent. Notable job gains occurred in leisure and hospitality, professional and business services, manufacturing/construction, and in transportation and warehousing. NOTE: The above Treasury Rates are from the U.S. Department of the Treasury, Resource Center. They are the"Treasury Yield Curve Rates;which is defined as follows:These rates are commonly referred to as "Constant Maturity Treasury" rates, or CMTs. Yields are interpolated by the Treasury from the daily yield curve. This curve,which relates the yield on a security to its time to maturity is based on the closing market bid yields on actively traded Treasury securities in the over-the- counter market. These market yields are calculated from composites of indicative, bid-side market quotations (not actual transactions) obtained by the Federal Reserve Bank of New York at or near 3:30 PM each trading day. The CMT yield values are read from the yield curve at fixed maturities, currently 1, 2, 3 and 6 months and 1, 2,3, 5,7, 10, 20, and 30 years.This method provides a yield for a 10 year maturity,for example,even if no outstanding security has exactly 10 years remaining to maturity. 24 City of Huntington Beach City of Huntington Beach 2000 Main St. Portfolio Management Huntington Beach, <a` Portfolio Summary October 31, 2021 Par Market Book %of Daysto YTM YTM Investments Value Value Value Portfolio Term Maturity 360 Equiv. 365 Equiv. Federal Agency Issues-Coupon 94,000,000.00 94,315,780.00 94,048,472.14 34.93 1.589 1,151 1.215 1.232 Local Agency Investment Funds 8.679.077.93 8,679,077.93 8,679,077.93 3.22 1 1 0.200 0.203 Treasury Securities-Coupon 24.000.000.00 23,731,650.00 23,743,119.71 8.82 1.576 1.291 1.033 1.048 Medium Term Notes-Supras 35,000,000.00 35,185,850.00 35.238.847.34 13.09 1.464 1.015 1.006 1.020 Corporate Bonds 41,BB4,000.00 42,639,507.52 42.102.259.39 15.64 1.239 420 2.288 2.320 ORANGE COUNTY POOL 65 451.682.19 65 451,682.19 65.451.682.19 24.31 1 1 0.507 0.514 268,814,760.12 270,003,547.64 269,263,458.70 100.00% 1,080 715 1.135 1.150 Investments Total Earnings October 31 Month Ending Fiscal Year To Date Fiscal Year Ending Current Year 257.917.31 1,D41,398.88 Current Budget 100,000.00 400,000.00 1,200,000.00 Last Year Actual 304,009.85 1,269,818.33 3,403,369.60 Average Daily Balance 270,161,809.86 278,629,120.86 Effective Rate of Return 1.12e/ 1.11% I certify that this report accurately reflects all City pooled investments and is in conformity with all State laws and the investment policy statement filed vrith the City Council on February 1,2021.A copy of this policy is available at the office of the City Clerk.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations. Markel Values provided by US Bank Custody. Alisa Backstrom,CITY TREASURER Reporting period 1 0/01/2 0 21-1 0/3112 0 21 Portfolio CITY AP Run Dais:011144W2.1145 RM(PRr•_PM1)7.3.11 ReW Ver.7.3.11 25 City of Huntington Beach Portfolio Management Paget Portfolio Details - Investments October 31, 2021 Average Purchase Stated YTM Days to Maturity CUSIP investment Issuer Balance Date Par Value Market Value Book Value Rate S&P 365 Maturity Date Federal Agency Issues-Coupon 3133ECHXS 4292 Federal Farm Credit Bank 05232019 5.000.000.00 5,188,100.D0 5,002.659.42 2.260 AA 2.236 863 03/132024 3133EKTG1 4296 Federal Farm Credit Bank 07/012019 5.000.000.00 5,055,750.00 4.997.722.22 1.750 1.821 242 07/012022 3133830R5 4281 Federal Home Loan Bank 12202018 5.000,000.00 5,230,200.00 5,038.078.31 3.250 2.743 585 06/092023 3130AFWX1 4285 Federal Home Loan Bank 02/262019 5,OD0,000.00 5,172,850.00 5.000,000.00 2.550 2.550 575 05/302023 3130AKN36 4320 Federal Home loan Bank 01/152021 5,000,000.00 4,907,550.00 4.995.794.44 0.525 0.545 1,536 01/152026 3130AKN85 4321 Federal Homo Loan Bank 01202021 5.000.000.00 4.891,550.00 4.997,890.28 0.550 0,560 1.541 01202026 3130AKUS3 4322 Federal Home Loan Bank 01282021 5,000,000.00 4.901.050.00 5.000.000.00 0.500 0.500 1.549 01282026 3130AMDL3 4327 Federal Home Loan Bank 05252021 5,000,000.00 4.971,500.00 S,D00,000.00 0.800 0.800 1,362 07252025 313DAMJN3 4328 Federal Home Loan Bank 05262021 5,000,000.00 4,963.600.00 5.000.000.00 1.030 1.030 1,667 05262026 3130AM054 4331 Federal Home Loan Bank 06/162021 5,000,000.00 4,956,800.00 5.000.000.00 0.700 0.700 1.415 09/162025 3130AM062 4332 Federal Home Loan Bank 06/142021 5.000.000.00 4,967.850.00 5.000,000.00 0,625 0.625 1,229 03/142025 3130ALEY6 4333 Federal Home Loan Bank 06/102021 5,000.000.00 4,940,950.00 5.000000.00 0.8D0 0.800 1,584 D3/042026 3130AMW65 4334 Federal Home Loan Bank 06ne/2021 5,000,000.00 4.962,900.00 5o00,000.00 0.500 0.500 1.155 12/30/2024 3130AMFS6 4335 Federal Home Loan Bank 06/17/2021 5.000,000.00 4,914,750.00 4,972,239.55 0,750 0.873 1.694 06/122026 3130AMXJ6 4336 Federal Home Loan Bank 06/302021 5.000.000.00 4,973.500.00 5.000,000.00 0.500 0.500 1.064 09/30/2024 3137EAEN5 42B7 Federal Home Loan Mon Corp 03/082019 3.000.000.00 3,111.330.00 3,013,851.01 2.750 2.450 595 0&192023 3137EAENS 4288 Federal Home Loan Mon Core 03/142019 3,000.000.00 3.111.330.00 3.014,468.26 2.750 2437 595 06/19/2023 313500043 4289 Fed.Nall Mom Assoc. 03/152019 5,000,000.00 5.219,250.00 5,035,936o5 2.875 2.465 680 09/122023 3135GA2Z3 4318 Fed.Nall Mort.Assoc. 01/112021 3,000,000.00 2,955,570.00 3.002,751.89 0.560 0.537 1.477 11/172025 3135G04Z3 4329 Fed.Nall Mort Puts= 05/142021 5,000,0D0.00 4,919,4W.00 4.977.080.72 0.500 0,628 1.324 D61172025 Subtotal and Average 94,050,221.82 94,000,000.00 94,315,780.00 94,D48,472.14 1.232 1,151 Local Agency Investment Funds SYS982 982 Leif City 8.679.077.93 8,679,07Z93 8,679.077.93 0.203 0.203 1 Subtotal and Average 9,576.68555 3.679,077.93 8,679,077.93 8,679.077.93 D.203 1 Treasury Securities-Coupon 912828YH7 4298 US Treasury Notes 12/D52019 5000.000.00 5,108,000.00 4986.707.55 1.500 AAA 1.595 1,064 09502024 91282BP79 4299 US Treasury Notes 12/OS12019 3.000.000.00 3,048,180.D0 2.997.118.44 1.500 AAA 1.574 484 e2282023 91282CAB7 4330 US Treasury Notes 05/192021 5.000.000.00 4,865,450.D0 4.932.580.96 0.250 0.615 1,368 07/31/2025 91282CCM 4339 US Treasury Notes 0A232021 1.000,000.00 979,920.00 993,396.01 0.750 0.890 1,764 081312026 91282CAJ0 4340 US Treasury Notes 0927/2021 5.000.000.00 4.856,850.00 4,908,538.18 0.250 0.735 1,399 0813111025 91282CCP4 4341 US Treasury Notes 0913=021 5,000,000.00 4,873,250.00 4.924,778.57 0.625 0.950 1.733 07/312026 Subtotal and Average 23,740,415.89 24,000,000.00 23,731,650.00 23,743,119.71 1.048 1,291 Portfolio CITY AP Run Dale.01/14=-11:45 PM IPRF-PM217.3.11 Report Ver.7.3,11 26 City of Huntington Beach Portfolio Management Page 2 Portfolio Details - Investments October 31, 2021 Average Purchase Stated YTM Days to Maturity CUSIP Investment Issuer Balance Date Par Value Markel Value Book Value Rate S&P 366 Maturity Date Medium Term Notes-Supras 45818VVBX3 4290 Inter-American Dev.Bank 03282019 4,000.000.00 4.160,160.00 4,039.054.43 2.870 2.270 626 07202023 45818VVBY1 4291 Inter-American Dev.Bank 032=019 5,000.000.00 5.214.900.00 5.058.430.13 2.960 2.271 653 013/162023 45818VVCT7 4312 Inter-American Dev.Bank 04292020 6,000,000.00 6,069,540.00 6.077.884.06 1.600 0.550 455 01/30/2023 459058JLB 4319 Ind Bk Recan 8 Development 01/122021 5,000.000.00 4.886.000.00 4.997.710.46 0,500 AAA 0.512 1457 10282025 459056HV2 4323 Intl 8k Remn 8 Development 04232021 5.000,000.00 5,101.900.00 5.150.566.64 1.500 AAA 0A25 1,031 08202024 45906M21.4 4324 Intl Bk Recan 8 Development (PIM02021 5.000.000.00 4,866.850.00 4.953.607.04 0.650 AAA 0.870 1,576 02/242026 459058JE4 4338 Ing Bk Rexon 8 Development 07/302021 5.000,000.00 4,086,500.00 4.961.594.58 0.375 AAA 0,583 1.365 07282025 Subtotal and Average 35,244,679.33 35,000,000.00 35,185.860.00 36,238,947.34 1.020 1,016 Corporate Bonds 037833DE7 4313 Apple Inc. 04292020 5.000.000.00 5.107.900.00 5.095,601.23 2.400 0.720 438 01/132023 166764AH3 4294 Chevron Corp 05242019 5.000.000.00 5,181.500.00 5.048.609.86 3.191 AA 2.528 600 06242023 254687CR5 4300 Disney 12/162019 2,875.000.00 3.055.550.00 2.976,730.77 4.000 2.070 699 10/012023 437076BG6 4293 Home Depot Inc 05242019 5.000.000.00 5.053400.00 5,004,105.34 2.625 A 2.474 212 06/01/2022 459200HG9 4274 IBM Corp 09282018 3,000.000.00 3.034.590.00 2,969,837.31 1.875 A 3.257 273 08/012022 713448CX4 4280 PEPSICO INC 12212018 5,000,000.00 5.079.700.00 4,997.979.47 3.100 3,160 258 0711W2022 8825088A1 4279 Texas Instruments Inc 12/212018 5.000,000.00 5,034.950.00 4,968,863.32 1.850 3,564 195 05M52022 904764AVV7 4286 Unilever 03/012019 5.000,000.00 5.038,700.00 4,985,355.59 2.200 2.802 185 05/05/2022 90331HNVI 4306 US Bank NA Cincinnati 02/212020 2.000.000.00 2,094.600.00 2.056.499.48 3400 AA 1.671 630 07242023 91159HHXI 4325 US Bank NA Cincinnad 04/302021 3.809.000.00 3,958,617.52 3,997,677.02 2.400 0.528 1,002 07/30/2024 Subtotal and Average 42,107,799.08 41,684,000.00 •42,639,507.52 42,102,259.35 2.320 420 ORANGE COUNTY POOL 0CP1 01 Orange County Invest Pool 65451,682.19 65,451,682,19 65.451.682.19 0.514 0,514 1 Subtotal and Average 65,424,064.69 65,451,682.19 65,451,682.19 65,451,682.19 0.514 1 US Bank Sweep First AM Gov FAM1 02 First American 08/012021 0.00 0.00 0.00 0.020 0.020 1 Subtotal and Average 18,043.51 0.00 0.00 0.00 0.000 0 Total and Average 270,161,809.86 268,814,760.12 270,003.547.64 269,263,458.7D 1.160 715 Portfolio CITY AP Run Data:01/14=-11:45 PM(PRF PM2)7.3.11 27 City of Huntington Beach Portfolio Management Page 3 Portfolio Details - Cash October 31, 2021 Average Purchase stated YTM Days to CUSIP Invostment0 Issuer Balance Data Par Value Market Value Book Value Rate 58P 765 Maturity Average Balance 0.013 0 Total Cash and Investments 270,161,809.86 268,814,760.12 270,003,507.64 269,263,458.70 1.150 715 Portfolio CITY AP Run Dade:0111U -11:45 PM(PRP_PM2)T111 28 City of Huntington Beach Portfolio Management Page 1 Activity By Type October 1, 2021 through October 31, 2021 Stated Transaction Purchases Redemptions CUSIP Investment at Issuer Rate Date or Deposits or Withdrawals Balance Federal Agency Issues-Coupon Subtotal 94,048,472.14 Local Agency Investment Funds (Monthly Summary) SYS982 982 Led City 0.203 12.661.70 4,000,000.00 Subtotal 12,661.70 4,000,000.00 8,679,077.93 Treasury Securities-Coupon Subtotal 23,743,119.71 Medium Term Notes-Supras Subtotal 35,238,547.34 Corporate Bonds Subtotal 42,102,269.39 ORANGE COUNTY POOL (Monthly Summary) 0CP1 01 Orange County Invest Pod 0,514 32,928.56 3.121.84 Subtotal 32,928.56 3,121.84 65,451,682.19 US Bank Sweep First AM Gov (Monthly Summary) FAM1 02 Fist American 0.020 0.00 5,043,750.00 Subtotal 0.00 5,043,750.00 0.00 Tool 45,590.26 9,046,871.84 269,263,458.70 Portfolio CITY AP Run Date.01/14R022-1145 PM(PRF PM3)7.111 Report Ver.7.3,11 29 City of Huntington Beach Portfolio Management Page Interest Earnings Summary October 31, 2021 October 31Month Ending Fiscal Year To Date CD/Coupon/Discount Investments: Interest Collected 70.000.00 959,496.89 Plus Accrued Interest at End of Period 846,426.72 846,426.72 Less Accrued Interest at Beginning of Period ( 666,282.09) ( 764,664.92) Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period 250,144.63 1,041,258.69 Adjusted by Premiums and Discounts -22,439.48 -116.471.06 Adjusted by Capital Gains or Losses 0.00 -21.439.99 Earnings during Periods 227,705.15 903,347.64 Pass Through Securities: Interest Collected 0.00 0.00 Plus Accrued Interest at End of Period 0.00 0.00 Less Accrued Interest at Beginning of Period ( 0.00) ( 0.00) Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period 0.00 0.00 Adjusted by Premiums and Discounts 0.00 0.00 Adjusted by Capital Gains or Losses 0.00 0.00 Earnings during Periods 0.00 0.00 Cash/Checking Accounts: Interest Collected 45,590.26 177,098.12 Plus Accrued Interest at End of Period 35,076.33 35,076.33 Less Accrued Interest at Beginning of Period ( 50,454.43) ( 74,123.21) Interest Earned during Period 30,212.16 138,051.24 Total Interest Earned during Period 280,356.79 1,179,309.93 Total Adjustments from Premiums and Discounts -22,439.48 -116,471.06 Total Capital Gains or Losses 0.00 -21,439.99 Total Earnings during Period 257,917.31 1,041,398.88 Portfolio CITY AP Run Data 01114 n-11-45 PM(PRF_PM6)7.3.11 Report Ver.7.3.11 30 o��+tNYESr�,F State of California W y'o Pooled Money Investment Account e o � is Market Valuation 10/31/2021 Carrying Cost Plus Description Accrued Interest Purch. Fair Value Accrued Interest United States Treasury: Bills $ 51,528,364,233.43 $ 51,536,462,500.00 NA Notes $ 66,995,520,746.81 $ 66,755,995,500.00 S 107,797,892.00 Federal Agency: SBA $ 379,794,651.43 $ 380,560,115.32 $ 160.686.50 MBS-REMICs $ 7,684,554.49 $ 8,032,825.82 $ 35,258.52 Debentures $ 10,141,252,331.66 $ 10,126,777,100.00 $ 9,034,416.50 Debentures FR $ - $ - $ - Debentures CL $ 800,000,000.00 $ 793,767,000.00 $ 745,527.00 Discount Notes $ 13,921,695,748.53 $ 13,922,104,750.00 NA Su ranational Debentures $ 1,922,465,207.67 $ 1,910,733,500.00 $ 4,097,629.50 Su ranational Debentures FR $ 100,005,722.97 $ 100,016,723.66 $ 17,030.56 CDs and YCDs FR $ - $ - $ - Bank Notes $ 50,000,000.00 $ 49,988,446.23 $ 20.833.33 CDs and YCDs $ 12,100,000,000.00 $ 12,098,277,792.84 $ 4,034,013.86 Commercial Paper $ 10,353,697,111.07 $ 10,355,675,099.93 NA Corporate: Bonds FR $ - $ - $ - Bonds $ 250,117,950.28 $ 247,515,080.00 $ 884,925.30 Repurchase Agreements $ $ $ - Reverse Repurchase $ $ $ Time Deposits $ 3,941,500,000.00 $ 3,941,500,000.00 NA PMIA 8 GF Loans i $ 775,298,000.00 $ 775,298,000.00 1 NA TOTAL I $ 173,267,396,258.34 $ 173,002,704,433.80 1 $ 126,828,213.07 Fair Value Including Accrued Interest $ 173,129,532,646.87 Repurchase Agreements, Time Deposits, PMIA 8 General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value(carrying cost). 31 Statement of Cash Receipts and Disbursements and Summary of Cash by Fund 0Finance Department October 2021 Cash Receipts and Disbursements September 2021 October 2021 Receipts General Fund Property Tax $ 1,148,137 $ 176,963 Local Sales Tax 4,268,907 4,578,077 Public Safety Sales Tax 235,927 219,811 Transient Occupancy Tax(TOT) 1,624,948 1,216,081 Utility Users Tax(UUT) 1,517,723 1,641,876 Other Revenue 4,363,482 4,580,781 Total General Fund Revenue 13,159,123 12,413,588 Total All Other Funds Revenue 29,773,266 9,469,181 Total Receipts $ 42,93$389 $ 21,882,769 Disbursements General Fund Personnel Services (23,284,375) (10,328,887) Operating Expenses (3,511,735) (3,143,215) Capital Expenditures - - Non-Operating Expenses - - Total General Fund Disbursements (26,796,110) (13,472,101) Total Alf Other Funds Disbursements (16,753,730) (14,594,964) Total Disbursements (43,549,840) (28,067,065) Net Change In Cash Flow $ (617,451) $ (6,184,296) Summary of Cash by Fund September 2021 October 2021 General Fund $ 52,785,370 S 51,726,856 General Fund Other 3,133,604 2,745,957 Capital Projects Funds 26,608,650 26,097,523 Debt Service Funds 35,778,888 35,686,449 Enterprise Funds 76,972,198 76,198,890 Trust and Agency Funds 4,811,499 4,670,850 Internal Service Funds 28,841,173 27,368,213 Special Revenue Funds 55,289,672 53,542,010 General Ledger Cash Balances $ 284,221,043 $ 278.036,747 Total cash will differ from investment portfolio total due to outstanding checks and/or other liming differences. Note: Above information was obtained from the City's accounting system records.The above information includes receipts from maturing investments and payments for purchased Investments in the city investment portfolio.This statement is prepared in compliance with the City's Charter. 32 � . City of Huntington Beach City of Huntington Beach 2000 Main St. Huntington Beach, �...;. Portfolio Management r �r•• Portfolio Summary November 30, 2021 Par Markel Book %of Days to YTM YTM Investments Value Value Value Portfolio Term Maturity 360 Equiv. 365 Equiv. Federal Agency Issues-Coupon 94,000,000.00 93,996,140.00 94,044,731.48 34.94 1,589 1.121 1.215 1.232 Local Agency Investment Funds 8,679,077.93 8,679,077.93 8,679,077.93 3.22 1 1 0.200 0.203 Treasury Securities-Coupon 29,000,OOD.00 28,640,240.00 28,625,656.75 10.64 1.604 1,342 1.073 1.088 Medium Tenn Notes-Supras 35.000.000.00 35.148.290.00 35.226.390.89 13.09 1464 985 1.006 1.020 Corporate Bonds 41,684,000.00 42,528,723.84 42.090.429.11 15.64 1.239 390 2.289 2.321 ORANGE COUNTY POOL 60480,444.87 60,480,444.87 60,400444.87 22.47 1 1 0.508 0.515 268,843,522.80 269,462,916.64 269,146,731.03 100.00% 1,112 725 1.149 1.165 Investments Total Earnings November 30 Month Ending Fiscal Year To Date Fiscal Year Ending Current Year 257,074.72 1,298,473.60 Current Budget 100.000.00 500,000.00 1,200,000.00 Last Year Actual 273.264.84 1,543,083.17 3,403,369.60 Average Daily Balance 269,384,512.30 276,816,452.52 Effective Rate of Return 1.16% 1.12Y. I certify that this report accurately reflects all City pooled investments and is in conformity with all State laws and the investment policy statement Bled with the City Council on February 1,2021.A copy of this policy is available at the office of the City Clerk.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations. Market Values provided by US Bank Custody. Alisa Backstrom,CITY TREASURER Reporting period 11/0112 0 21.11/3012021 Portfolio CITY AP Run Data:01114A022-11:49 PMfPRF PM1)7.3.11 Repot Ver.7.3.11 33 City of Huntington Beach Portfolio Management Paget Portfolio Details - Investments November 30, 2021 Average Purchase Stated YTM Days to Maturity CUSIP Investment Issuer Balance Date Par Value Market Value Book Value Rate S&P 365 Maturity Date Federal Agency Issues-Coupon 3133ECHK5 4292 Federal Fans Credit Bank 0523/2019 5,000,000.00 5,180,200.00 5.002,565.78 2.260 AA 2.236 833 03/132024 3133EKTGI 4296 Federal Farm Credit Bank 07/012019 5.000,000.00 5,047.450.00 4.998.006.94 1.750 1.821 212 07/01/2022 313383OR5 4281 Federal Home Loan Bank 12/202D1B 5,000,000.00 5.213,650.00 5.036.101.93 3.250 2.743 555 06/092023 3130AFWX1 4285 Federal Home Loan Bank 0226/2019 5.000,000.00 5,159,750.00 5.000,000.00 2.550 2.550 545 051302023 313OAKN36 4320 Federal Home Loan Bank 01/152021 5,000.000.00 4.898 950.00 4.995,877.78 0.525 0.545 1,506 01/152026 313OAKN85 4321 Federal Home Loan Bank 01202021 5.000.000.00 4,883,400.00 4,997,931.94 0.550 0.560 1,511 01202026 313OAKUS3 4322 Federal Home Loan Bank 01282021 5.000.000.00 4,835,800.00 5,000,000.00 0.500 0.500 1,519 01282026 3130AMDL3 4327 Federal Home Loan Bank 05252021 5,000.000.00 4.943,800.00 5.000,000.00 0.800 0.800 1,332 07252025 3130AMJN3 4328 Federal Home Loan Bank 05/262021 5.000,000.00 4.955,800.00 5.000,000.00 1.030 1.030 1,637 05262026 3130AM054 4331 Federal He=Loan Bank 06/16/2021 51000.000.00 4,921,000.00 5,000,ODO.00 0,700 0.700 1.385 09/162025 313DAM062 4332 Federal Home Loan Bank 06/142021 5.000,000.00 4.936,200.00 5,000,000.00 0.625 0.625 1,199 03/142025 3130ALEY6 4333 Federal Home Loan Bank 06/102021 5,00D,000.00 4,932,300.00 5,000,000.00 0.800 0.800 1,554 03/042026 3130AMM5 4334 Federal Home Loan Bank W302021 5,000.000.00 4,953.800.00 5,OD0,000.00 0.500 0.500 1,125 12/302024 3130AMFS6 4335 Federal Home Loan Bank 06/172021 5,000.000.00 4,910.250.00 4,972.740.95 0.750 0.873 1,654 06/122026 3130AMKJ6 4336 Federal Home Loan Bank 06/3(2021 5,000,000.00 4,947,450.00 5.000.000.00 0.500 0.500 1.034 09/30/2024 3137EAEN5 4287 Federal Home Loan Mort Corp 03/08/2019 3,000,000.00 3.107.430.00 3,013,144.32 2.750 2.450 565 061IM023 3137EAEN5 4288 Federal Home Loan Mort Corp 03/142019 3.000,000.00 3.107.430.00 3.013.730.07 2.750 2.437 565 06/192023 3135GOU43 4209 Fed,Nall Mon.Assoc. 03/152019 5,000,000.00 5.208,500.00 5,034,329.38 2.875 2.465 650 09/122023 3135GAZ3 431E Fed.Nan Mort.Assoc. 01/112021 3,000,000.00 2.939,730.00 3.002.695.19 0.560 0.537 1.447 11/172025 3135G04Z3 4329 Fed.Nall Mon.Assoc 05/142021 5.000.ODD.00 4,903.250.00 4.977.607.20 0.500 0.628 1.294 06/172025 Subtotal and Average 94,046,539.47 94,000,000.00 93,986,140.00 94,044.731.48 1.232 1,12l Local Agency Investment Funds SYS982 982 Lod City 8,679,07T93 8.679,077.93 8.679.077.93 0.203 0,203 1 Subtotal and Average 8.679,077.93 8,679,077.93 8,679,077.93 8,679,077.93 0.203 1 Treasury Securities-Coupon 912828YH7 4298 US Treasury Notes 12/052019 5,OD0,000.00 5,097.650.00 4.987.082.34 1.500 AAA 1.595 1.034 09/302024 912828P79 4299 US Treasury Notes 12/052019 3.000.000.00 3,044.640.00 2,997.297.05 1.500 AAA 1.574 454 02282023 91282CAB7 4330 US Treasury Notes 05/192021 6.000.000.00 4.865,050.00 4,934,059,45 0.250 0.615 1.338 07/112025 91282CCVA 4339 US Treasury Notes 09232021 1.000.000.00 981,950.130 993.508.32 0.750 0.890 1,734 011/112026 91282CAJO 4340 US Treasury Notes 09272021 S,000,000.00 4,857,800.00 4,910.499.48 0.250 0.735 1.369 0/1/112025 91282CCP4 4341 US Treasury Notes 09/302021 5.000.000.00 4,883,400.00 4.926.080.73 0.625 0.950 1703 07/312O26 91282CCM 4342 US Treasury Notes 11232021 5,000.000.00 4.909,750.00 4,877,129.38 0.750 1.285 1,734 OM12026 Subtotal and Average 25.046.415.37 29.000,000.00 28,640,240.00 28,625,656.75 1.088 1,342 Portfolio CITY AP Run Date:01/14r2022.11;49 PM(PRF PM2)7.3.11 Reumt Ver.7.3.11 34 City of Huntington Beach Portfolio Management Paget Portfolio Details - Investments November 30, 2021 Average Purchase Stated YTM Days to Maturity CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate S&P 365 Maturity Date Medium Term Notes-Supras 4581BVJBX3 4290 Inter-American Dev,Bank 032a2019 4.000.000.00 4,150,800.00 4037,161.65 2.870 2.270 596 07202023 45818VVBY1 4291 Inter-American Dev,Bank 032a2019 5,000,000.00 5.202.350.00 5.055.712.45 2.960 2.271 623 0a/162023 45818VVCT1 4312 Inter-Americon Dev.Bank 04292020 6,000,000.00 6,060,840.00 6.072.680.22 1.600 0.550 425 01/302023 459058JLS 4319 In8 Bk Remn&Development 01/12/2021 5,000.000.00 4.886,500.00 4,997.758.26 0.500 AAA 0.512 1.427 10292025 459056HV2 4323 Ind Bk Recon 6 Development 04/232021 5,000,000.00 5,091,900.00 5.146.125.15 1.500 AAA 0.425 1.001 0a/2a2024 45906M21-4 4324 In0 Bk Remn 6 Development 04/302021 5 000,000.00 4.876,400.00 4,954,5D3.23 0.650 AAA 0.870 1.546 02242026 459058JE4 4338 Intl Bk Remn 6 Development 0713=021 5.000.000.00 4.879,500.00 4.962.449.93 0.375 AAA 0.583 1.335 07282025 Subtotal and Average 35,232,411.50 35.000,000.00 35.148,290.00 35,226,390.89 1.020 985 Corporate Bonds 037833DE/ 4313 Apple Inc. 04292020 5.000,000.00 5.098.400.00 5,089,892.81 2.400 0.720 408 01/132023 166764AF13 4294 Chevron Corp 05242019 5.000.000.00 5,165,050.00 5.046.150.68 3.191 AA 2.528 570 06242023 254687CR5 4300 Disney 12/162019 2.875.000.00 3.036.575.00 2,972.307.69 4.000 2.070 669 10/012023 437076BGS 4293 Home Depot Inc 05242019 5.000,000.00 5.045,150.00 5,003,518.86 2.625 A 2.474 182 06/012022 459200HG9 4274 IBM Corp 09292018 3,000,000.00 3,027 450.00 2,973,18B.72 1.875 A 3.257 243 08/01/2022 713448CX4 4280 PEPSICO INC 12/212018 5,000,000.00 5.066,150.00 4,99B,216.25 3.100 3.160 228 07/172022 882508RAI 4279 Texas Instruments Inc 12212018 5.000.000.00 5,029,950.00 4.973.678.27 1.850 3.564 165 051152022 904764AW7 4286 Undever 03/012019 5.000,000.00 5,031,300.00 4.987,743.27 2.200 2.802 155 05/05/2022 90331HNVI 4306 US Bank NA Cincinnati 02/21/2020 2,000,000.00 2,079,680.00 2.053,778.80 3.400 AA 1.671 6150 07242023 91159HHXI 4325 US Bank NA Cincinnati 04/30/2021 3.809,000.00 3,949,018.84 3,991,953.76 2.400 0.528 972 0713=024 Subtotal and Average 42,096,147.08 41.684,000.00 42,628,723.84 42,090,429.11 2.321 390 ORANGE COUNTY POOL OCPI 01 Orange County Invest Pod 60.480,444.87 60.480444.87 60.480.444.87 0.515 0.515 1 Subtotal and Average 64,283,920.95 60.480,444.87 60,480,444.87 60,480,444.87 0.515 1 US Bank Sweep First AM Gov FAM1 02 First American 08/012021 OeD 0.00 0.00 0.020 0.020 1 Subtotal and Average 0.00 0.00 D.OD 0.00 0.000 0 Total and Average 269,394,512.30 268,843,522.80 269,462,916.64 269,146,731.03 1.165 725 Portfolio CITY AP Run Date:01/14=-11:49 PM(PRF PM2)7.3.11 35 City of Huntington Beach Portfolio Management Page Portfolio Details - Cash November 30, 2021 Average Purchase Stated YTM Days to CUSIP Investment a Issuer Balance Date Par Value Markel Value Book Value Rate 38P 365 Maturity Average Balance 0.00 0 Total Cash and lnvesUnenls 269,384,512.30 268,843,522.80 269,462,916.64 269,146,731.03 1.165 725 Portfolio CITY AP Run We:01114 n-11:49 PM(PRF_PM])7.3.11 36 City of Huntington Beach Portfolio Management Page 1 Activity By Type November 1, 2021 through November 30, 2021 Stated Transaction Purchases Redemptions CUSIP Investments Issuer Rate Data or Deposits or Withdrawals Balance Federal Agency Issues-Coupon Subtotal 94,04g731.48 Local Agency Investment Funds (Monthly Summary) Subtotal 8,679,077.93 Treasury Securities-Coupon 91282CCN9 4342 US Treasury Notes 0.750 11232021 4,876,562.50 0.00 Subtotal 4,876,562.50 0.00 28,625,656.75 Medium Term Notes-Supras Subtotal 35,226,390.89 Corporate Bonds Subtotal 42,090,429.11 ORANGE COUNTY POOL (Monthly Summary) OCP1 01 Orange County Invest Pool 0.515 31.989.91 5,003,227.23 Subtotal 31,989.91 6,003,227.23 60,480,444.87 US Bank Sweep First AM Gov (Monthly Summary) Subtotal 0.00 Total 4,908,552.41 6,003,227.23 269,146,731.03 Portfolio CITY AP Run Data:01/14/2022-11:49 PM(PRF_PM3)7.3.11 Repel.Ver.7.3.11 37 City of Huntington Beach Portfolio Management Page 1 Interest Earnings Summary November 30, 2021 November 30Month Ending Fiscal Year To Date CD/Coupon/Dlscount Investments: Interest Collected 219,150.00 1,178,646.89 Plus Accrued Interest at End of Period 877,745.60 877,745.60 Less Accrued Interest at Beginning of Period ( 846,425.72) ( 764,664.92) Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period 250,468.88 1,291,727.57 Adjusted by Premiums and Discounts -22,052.85 -138,523.91 Adjusted by Capital Gains or Losses 0.00 -21,439.99 Earnings during Periods 228,416.03 1,131,763.67 Pass Through Securities: Interest Collected 0.00 0.00 Plus Accrued Interest at End of Period 0.00 0.00 Less Accrued Interest at Beginning of Period ( 0.00) ( 0.00) Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period 0.00 0.00 Adjusted by Premiums and Discounts 0.00 0.00 Adjusted by Capital Gains or Losses 0.00 0.00 Earnings during Periods 0.00 0.00 CashlChecking Accounts: Interest Collected 31,989.91 209,088.03 Plus Accrued Interest at End of Period 31,745.11 31,745.11 Less Accrued Interest at Beginning of Period ( 35,076.33) ( 74,12321) Interest Earned during Period 28.658.69 166.709.93 Total Interest Earned during Period 279,127.57 1,458,437.50 Total Adjustments from Premiums and Discounts -22,052.85 -138,523.91 Total Capital Gains or Losses 0.00 -21,439.99 Total Earnings during Period 257,074.72 1,298,473.60 Portfolio CITY AP Run Date 01/14Q 2-11:49 PM(PRF_PM )7.3.11 RepW Ver.7.3.11 38 4441\ HvesL4 State of California W y'� Pooled Money Investment Account a Market Valuation 11/30/2021 Carrying Cost Plus Description Accrued Interest Purch. Fair Value Accrued Interest United States Treasury: Bills $ 48,726,449,678.61 $ 48,730,719,000.00 NA Notes $ 69,830,483,002.41 $ 69,566,332,000.00 $ 100,381,839.50 Federal Agency: SBA $ 368,147,080.16 $ 368,757,247.51 $ 155,956.38 MBS-REMICs $ 7,037,163.75 $ 7,342,045.11 $ 32,233.50 Debentures $ 10,290,758,847.05 $ 10,273,071,200.00 $ 9,225,900.85 Debentures FR $ - $ - $ - Debentures CL $ 800,000,000.00 $ 792,328,000.00 $ 681,362.00 Discount Notes $ 15,920,475,698.53 $ 15,918,872,000.00 NA Su ranational Debentures $ 2,123,861,085.45 S 2,110,398,500.00 $ 5,249,155.50 Su ranational Debentures FR $ 100,005,722.97 $ 100,010,723.20 $ 28,113.89 CDs and YCDs FR $ - $ - $ Bank Notes $ 50,000,000.00 $ 49,994,496.07 $ 25.000.00 CDs and YCDs $ 14,050,000,416.66 $ 14,047,931,055.49 $ 5,075,180.49 Commercial Paper $ 11,343,047,430.48 $ 11,344,338,881.89 NA Corporate: Bonds FR $ - $ - $ Bonds $ 286,148,538.89 $ 282,462,680.00 $ 1.525.203.13 Repurchase Agreements $ $ $ Reverse Repurchase $ - $ - $ - Time Deposits $ 3,946,500,000.00 $ 3,946,500,000.02 NA PMIA& GF Loans $ 732,356,000.00 $ 732,356,000.00 NA TOTAL $ 178,575,270,664.96 1 $ 178,271,413,829.27 1 $ 122,379,945.24 Fair Value Including Accrued Interest $ 178,393,793,774.51 Repurchase Agreements, Time Deposits, PMIA& General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value (carrying cost). 39 Statement of Cash Receipts and Disbursements and Summary of Cash by Fund Finance Department 0 November 2021 Cash Receipts and Disbursements October 2021 November 2021 Receipts General Fund Property Tax $ 176,963 $ 10,974,947 Local Sales Tax 4,578,077 4,134,829 Public Safety Sales Tax 219,811 221,425 Transient Occupancy Tax(TOT) 1,216,081 1,083,342 Utility Users Tax(UUT) 1,641,876 1,949,979 Other Revenue 4,590,781 5,806,446 Total General Fund Revenue 12,413,588 24,070,968 Total All Other Funds Revenue 9,469,181 13,910,166 Total Receipts It 21,882,769 $ 37,981,134 Disbursements General Fund Personnel Services (10,328,887) (9,863,247) Operating Expenses (3,143,215) (3,428,060) Capital Expenditures - - Non-Operating Expenses - (70,873) Total General Fund Disbursements (13,472,101) (13,362,180) Total AN Other Funds Disbursements (14,594,964) (11,295,942) Total Disbursements (28,067,065) (24,658,122) Not Change In Cash Flow $ (6,184,296) $ 13,323,011 Summary of Cash by Fund October 2021 November 2021 General Fund $ 51,744,625 $ 62,453,413 General Fund Other 2,747,347 2,846,689 Capital Projects Funds 26,108,503 25,634,403 Debt Service Funds 35,700,235 36,752,429 Enterprise Funds 76,246,580 77,928,329 Trust and Agency Funds 4,672,866 3,386,905 Internal Service Funds 27,380,800 27,041,339 Special Revenue Funds 53,549,612 55,430,072 General Ledger Cash Balances $ 278,150,568 $ 291.473,579 Total cash will differ from investment portfolio total due to outstanding checks and/or other timing differences. Note: Above information was obtained from the City's accounting system records.The above information includes receipts from maturing investments and payments for purchased investment, in the city investment portfolio.This statement is prepared in compilance with the Clys Charter. 40 _ City of Huntington Beach City of Huntington Beach 2000 Main St. Portfolio Management Huntington Beach, Portfolio Summary December 31, 2021 Par Market Book %of Days to YTM YTM Investments Value Value Value Portfolio Term Maturity 360 Equiv. 365 Equiv. Federal Agency Issues-Coupon 122,650,000.00 122.464.430,00 122.692.989.58 40.75 1,485 1.101 1.188 1.204 Local Agency Investment Funds 8,879,077.93 8,679,077.93 8.679.077.93 2.88 1 1 0.209 0.212 Treasury Securities-Coupon 37.000.000.00 36.872.220.00 36.976.484.28 12.28 1.519 1,292 1.062 1.076 Medium Term Notes-Supras 35,000.00.00 35,027,620.00 35,213,934.44 11.70 1464 954 1.006 1.020 Corporate Bonds 46,684,000.00 47.376.740.78 47,028,056.76 15.62 1.216 425 2.150 2.180 ORANGE COUNTY POOL 50,507,617.81 50,507,617.81 50,507,617.81 16.77 1 1 0.391 0.396 300,520,695.74 300,927,706.52 301,098,160.80 100.00% 1,153 786 1.139 1.155 Investments Total Earnings December 31 Month Ending Fiscal Year To Date Fiscal Year Ending Current Year 260,935.33 1,559,408.93 Current Budget 100,000.00 6D0,000.00 1.200.000.00 Last Year Actual 272,920.45 1,816,003.62 3,403,369.60 Average Daily Balance 272,658,593.23 276,099,095.79 Effective Rate of Return 1.13% 1.12% 1 certify that this report accurately reflects all City pooled investments and is in conformity voth all State laws and the investment policy statement filed with the City Council on February 1,2021.A copy of this policy is available at the office of the City Clerk.The investment program herein shovm provides sufficient cash flow liquidity to meet the nett six month's obligations. Market Values provided by US Bank Custody. Alisa Backstrom,CITY TREASURER Reporting period 1 210112 0 2 1-1 213 112 0 2 1 Portfolio CITY AP Run Date:01114=22-11:52 PM(PRF PM 1)7.3.11 Report Ver.7.3.11 41 City of Huntington Beach Portfolio Management Page Portfolio Details - Investments December 31, 2021 Average Purchase Stated YTM Days to Maturity CUSIP Investment Issuer Balance Date Par Value Market Value Book Value Rate S&P 365 Maturity Date Federal Agency Issues-Coupon 3133ECHXS 4292 Federal Farm Credit Bank 05232019 5,000.000.00 5.182,950.00 5.002,472.14 2.260 AA 2.236 B02 03/132024 3133EKTGI 4296 Federal Farm Credit Bank 07/012019 S,OD0,000.00 5.040.350.00 4,99B,291.67 1.750 1.821 181 07/01/2022 3133830R5 4281 Federal Home Loan Bank 12J202018 6,000,000.00 5.192.350.00 5.034.125.54 3.250 2.743 524 06/092023 3130AFVVXI 4285 Federal Home Loan Bank OZ26201S 5,ODO.000.00 5,141.750.00 5,000,ODO.00 2.550 2.550 514 051302023 313OAKN36 4320 Federal Home Loan Bank 01/152021 5,ODO.000.00 4.891.550.00 4,995,961.11 0.525 0.545 1,475 01/15/2026 313OAKNBS 4321 Federal Home Loan Bank 01202021 S,ODO,000.00 4,875,950.00 4.997.973.61 0.550 0.560 1,480 01202026 313OAKUS3 4322 Federal Home Loan Bank 01282021 5,000,000.00 4.849,950.00 5,000,000.00 0.500 0.500 1,488 01282026 3130AMDL3 4327 Federal Home Loan Bank 05252021 5,000.000.00 4.936.450.00 5,000,OD0.00 0.800 0.800 1.301 07252025 3130AMJN3 4328 Federal Home Loan Bank 05262021 5.000.000.00 4.961,350.00 5,000,ODO.00 1.030 1.030 1.606 05262026 3130AMQ54 4331 Federal Home Loan Bank 06/162021 5,000,000.0D 4,912,B00.00 5.000.000.00 0.700 0.700 1.354 09/162025 3130AM062 4332 Federal Home Loan Bank 06/142021 5,000.000.00 4.927,150.00 5.000.000.00 0.625 0,625 1,168 03/142025 3130ALEYS 4333 Federal Home Loan Bank 06/102021 5.000.000.00 4,926.350.00 5,000,000.00 0.800 0.800 1,523 03/042026 3130AMVYBS 4334 Federal Home Loan Bank 06/302021 5.000.000.00 4.944.900.00 5.000.000.00 0.500 0.500 1.094 12t3O/2024 3130AMFS6 4335 Federal Home Loan Bank 06/172021 5,000.000.00 4,898,950.00 4.973.242.34 0.750 0.873 1,623 06/122026 3130AMXJ6 4336 Federal Home Loan Bank 06/302021 5,00D,000.00 4.937.700.00 5.000.000.00 0.500 0.50D 1,003 09/302024 313OA03C5 4344 Federal Home Loan Bank 12/022021 4.000.000.00 3,997.640.00 4.000.000.00 1.000 1.000 970 0828/2024 313OA05SO 4345 Federal Home Loan Bank 12/302021 4.650.000.00 4.651,860.00 4.650.000.00 1.250 1.250 1,276 O6/302025 313OA0059 4346 Federal Home Loan Bank 12/302021 5,000,0DO.00 4,999,000.00 5.000.000.00 1.000 1.000 1,003 09/302024 313OA07E7 4347 Federal Home Loan Bank 12/302021 5.000.000.00 4.995,450.00 5.001.998.77 1.500 1.491 1.641 06/302026 3130AQD42 4348 Federal Home Loan Bank 12282021 5,000,ODO.00 5,003,150.00 5.000.000.00 0.920 0.920 909 06282024 3130AQD59 4349 Federal Home Loan Bank 12MO12021 5.000.000.00 4,999,000.00 5,000.000.00 1.000 1.000 1.003 09/302024 3137EAEN5 4287 Federal Home Loan Mort Corp 031OW019 3,000,ODO.00 3.094,110.00 3,012.437.64 2.750 2.450 534 06/192023 3137EAENS 4288 Federal Home Loan Mort Corp 03/l42Ol9 3,000,000.00 3,094,110.00 3.012.991.90 2.750 2.437 534 OW192023 313500043 4289 Fed.Noll Mort.Assoc. 03/15/2019 5,000,00.00 5.184.400.00 5.032.722.70 2.875 2.465 619 09/12t2023 3135GA2Z3 4318 Fed.Nall Mort.Assoc Dill 112021 3,000,ODO.00 2,934,960.DO 3.002.638.49 0.560 0.537 1416 11/172025 3135GD4Z3 4329 Fed.Noll Mort.Assoc. 05/14/2021 5.000.000.00 4,900,250.DO 4.978,133.67 0.5a0 0.628 1.263 06/172025 Subtotal and Average 99,826,740.43 122,650,000.00 122,464,430.00 122,692,989.58 1.204 1,101 Local Agency Investment Funds SYS982 982 Lad City 8,679,077.93 8.679.077.93 8,679,077.93 0,212 0.212 1 Subtotal and Average 8,679,077.93 8,679,077.93 8.679.077.93 8,679,077.93 0.212 1 Treasury Securities-Coupon 912828YH7 4298 US Treasury Notes 12JO52019 5,000,000.00 5,078,900.00 4,987,469.62 1.500 AAA 1.595 1,DO3 09MM024 91282BP79 4299 US Treasury Notes 12/052019 3.000,000.00 3,035.520.00 2 997 481.61 1.500 AAA 1.574 423 0228/2023 91282CA87 4330 US Treasury Notes 05/192021 5.000.000.00 4,850,000.00 4,935,587.22 0.250 0.615 1.307 D7/312025 Portfolio CITY AP Run Date:OV142022-11:52 PM IPRF PM217.3.11 Report Ver.7.111 42 City of Huntington Beach Portfolio Management Page 2 Portfolio Details - Investments December 31, 2021 Average Purchase Stated YTM Days to Maturity CUSIP Investment Issuer Balance Date Par Value Market Value Book Value Rate S&P 365 Maturity Date Treasury Securities-Coupon 91282CCV,9 4339 US Treasury Notes 091232021 1,000.000.00 977.620.00 993.624.38 0.750 0.890 1,703 Oa/312026 91282CAJO 4340 US Treasury Notes 09272021 5.000,000.00 4,B43,550.00 4,912.525.15 0.250 0.735 1,138 08/312025 91282CCP4 4341 US Treasury Notes 09/302021 5.000,000.00 4.861.900.00 4.927.426.30 0.625 0.950 1.672 07/312026 91282CCM 4342 US Treasury Notes 11232021 5.000.000.00 4,888.100.00 4,879.326.03 0.750 1.285 1.703 OB/312026 912828YM6 4350 US Treasury Notes 12/312021 3,000.000.00 3,D46,980.00 3.048,463.13 1.500 0.920 1.034 10/312024 0128284ZO 4351 US Treasury Notes 12/312021 5.000,000.00 5,289,650.00 5.294,579.84 2.750 1.10 1.338 08n12025 Subtotal and Average 28,899,805.00 37,000.000.00 36,872,220.00 36,976,484.28 1.076 1,292 Medium Term Notes-Supras 45818VJBX3 4290 Inter-American Dev.Bank D3282019 4,000,000.00 4.137.760.00 4.035,268.87 2.870 2.270 565 07202023 4581BVvBY1 4291 Inter-Amedican Dev.Bonk 03202019 5,000,000.00 5.186.050.00 5.052,994.77 2.960 2.271 592 08/162023 45818WCT1 4312 Inter-American Dev.Bonk 04292020 6,000,000.00 6,044,160,00 6.067,476.39 1.600 0,550 394 OU102023 459056JLB 4319 Ind 8k Recon 8 Development 01/12/2021 5,000,00D.00 4.870,400.00 4,997,11D6.05 0.500 AAA 0.512 1.396 1D282025 459056HV2 4323 Ind Bk Recon 8 Development 04232021 5.000.000.00 5,071,800.00 5,141,6B3.65 1.600 AAA 0.425 970 08282024 45906M214 4324 Ind Bk Recon 8 Development 04/3D2D21 5,000,000.00 4,856.250.00 4,9SS,399.42 0.650 AAA 0.870 1.515 02242026 459058JE4 4338 Ind Sk Recon 8 Development 07/312021 5,000,000.00 4,861,200.00 4,963,305.29 0.375 AAA 0.583 1,304 07282025 Subtotal and Average 35,219,766.44 35,000,000.00 35,027,620.00 35,213,934.44 1.020 954 Corporate Bonds 037833DE7 4313 Apple Inc. 04292020 5.000,000.00 5.095.550.00 5.083,184.39 2.400 0.720 377 01/132023 14913R2P7 4343 Caterpillar Financial Corp. 12/022021 5.000,000.00 4,931.750.00 4.949,457.94 0.600 0.990 986 09/132024 166764AH3 4294 Chevron Corp 05/242019 5.000.000.00 5.148.100.00 5.043,691.50 3.191 AA 2.528 539 06242023 254687CR5 4300 Disney 12J16/2019 2,875.000.00 3,029,416.25 2.967.884.62 4.000 2,070 638 10/012023 437076BG6 4293 Homo Depot Inc 05242019 5.000.000.00 5.038.400.00 5.002.932.38 2.625 A 2.474 151 06/012022 459200HG9 4274 IBM Corp 09282018 3.000.000.00 3.025.140.00 2.976,540.13 1.875 A 3.257 212 08/012022 713448CX4 4200 PEPSICO INC 12/212018 5,000,0=00 5,051,150.00 4,998.453.03 3.100 3.160 197 07/172022 8825088A1 4279 Texas Instruments Inc 12J212018 5,000,ODO.00 5,018,600.00 4.978,493.22 1.850 3.564 134 05/152022 904764A`M 4206 Unilever 03/012019 5,000,00.00 5.023,750.00 4,990.130.94 2.200 2.802 124 05/052022 90331HNVI 4306 US Bank NA Cincinnati 0221/2D20 2,00D,000.00 2,079,540.00 2.051.058.12 3.400 AA 1.671 569 07242023 91159HHX7 4325 US Bank NA Cincinnati 04/302021 3,809.000.00 3.935,344.53 3.986.230.49 2A00 0.528 941 07/302024 Subtotal and Average 46,873,255.50 46,684,000.00 47,376,740.78 47,028,056.76 2.1 Be 425 ORANGE COUNTY POOL OCP1 01 Orange County Invest Pool 50,507,617.81 50.507.617.81 50,507,617.81 0.396 0.396 1 Subtotal and Average 51,060,947,92 50.607,617.81 50,507.617.81 50,507,617.91 0.396 1 Portfolio CITY AP Run Date:01/142M-1152 PM(PRP_PM2)7.111 43 City of Huntington Beach Portfolio Management Page 3 Portfolio Details - Investments December 31, 2021 Average Purchase Stated YTM Days to Maturity CUSIP Investment p Issuer Balance Data Par Value Market Value Book Value Rate S&P 365 Maturity Daln US Bank Sweep First AM Gov FAM1 02 First American Oa/012021 0.00 0.00 0.00 0,020 0.020 1 Subtotal and Average 0.00 0.00 0.00 0.00 O.ODO 0 Total and Average 272,558,593.23 300,520,695.74 300,927,706.52 3D1,098,160.80 1.155 786 Portfolio CITY AP Run Date:0 V 14M22-11:52 44 City of Huntington Beach Portfolio Management Page Portfolio Details - Cash December 31, 2021 Average Purchase Stated YTM Days to CUSIP Investment It Issuer Balance Date Par Value Market Value Book Value Rate S&P 365 Maturity Average Balance 0.00 0 Total Cash and Investments 272,558,593.23 300,520,695.74 300,927,706.52 301,093,160.80 1.155 786 Portfolio CITY AP Run Date.01/IAM22.11:52 PM(PRF PM2)7.3.11 45 City of Huntington Beach Portfolio Management Activity BY Type e Page 1 December 1, 2021 through December 31, 2021 Stated Transaction Purchases Redemptions CUSIP Investment Issuer Rate Dale or Deposits or Withdrawals Balance Federal Agency Issues-Coupon 313DAQ3C5 4344 Federal Home Loan Bank 1.000 12/022021 4,000,000.00 0.00 3130AQSS8 4345 Federal Home Loan Bank 1.250 12/302021 4.650.000.00 0.00 3130AQD59 4346 Federal Horne Loan Bank 1.000 12/302021 5.000.000.00 0.00 3130AQ7E7 4347 Federal Home Loan Bank 1.500 12/302021 5,002,D00.00 0.00 313OAQD42 4348 Federal Home Loan Bank 0.920 122a2021 5.000.000.00 0.00 3130AOD59 4349 Federal Home Loan Bank 1.000 12/302021 5,000,000.00 0.00 Subtotal 28,652,000.00 0.00 122,692,989.58 Local Agency Investment Funds (Monthly Summary) Subtotal 8,679,077.93 Treasury Securities-Coupon 912828YM6 4350 US Treasury Notes 1.500 12/812021 3,048,510.00 0.00 9128284ZO 4351 US Treasury Notes 2.750 12/312021 5,294,800.00 0.00 Subtotal 8,343,310.00 0.00 36,976,484.28 Medium Term Notes-Supras Subtotal 15,213,934.44 Corporate Bonds 14913R2P1 4343 Caterpillar Financial Corp. 0.600 12/022021 4.947.950.00 0.00 Subtotal 4,947,960.00 0.00 47,028,056.76 ORANGE COUNTY POOL (Monthly Summary) OCP1 01 Orange County Invest Pod 0.396 30,241.66 10.003.068.72 Subtotal 30,241.66 10,003,068.72 60,607,617.81 US Bank Sweep First AM Gov (Monthly Summary) Subtotal 0.00 Total 41,973,501.66 10,003,068.72 301,098,160.80 Portfolio CITY AP Run Date:01/14(N22-1152 PM(PRF_PM3)7.3.11 ReW Ver.7.3.11 46 City of Huntington Beach Portfolio Management Pago1 Interest Earnings Summary December 31, 2021 December 31101onth Ending Fiscal Year To Dale CD/CoupuNDlscount Investments: Interest Collected 352,379.16 1.531.026.05 Plus Accrued Interest at End of Period 785,896.30 785,896.30 Less Accrued Interest at Beginning of Period ( 877,745.60) ( 764.664.92) Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period 260.529.86 1,552,257.43 Adjusted by Premiums and Discounts -19,003.17 -157.527.08 Adjusted by Capital Gains or Losses 0.00 -21,439.99 Earnings during Periods 241,526.69 1,373,290.36 Pass Through Securities: Interest Collected 0.00 0.00 Plus Accrued Interest at End of Period 0.00 0.00 Less Accrued Interest at Beginning of Period ( 0.00) ( 0.00) Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period 0.00 0.00 Adjusted by Premiums and Discounts 0.00 0.00 Adjusted by Capital Gains or Losses 0.00 0.00 Earnings during Periods 0.00 0.00 Cash/Checking Accounts: Interest Collected 30,241.66 239.329.69 Plus Accrued Interest at End of Period 20,912.09 20.912.09 Less Accrued Interest at Beginning of Period ( 31,745.11) ( 74,123.21) Interest Earned during Period 19,408.64 186.118.57 Total Interest Earned during Period 279.938.50 1,738,376.00 Total Adjustments from Premiums and Discounts -19,003.17 -157,527.08 Total Capital Gains or Losses 0.00 -21,439.99 Total Earnings during Period 260,935.33 1,559,408.93 Portfolio CITY AP Run Dare:01114M22-11:52 PM(PRF PM6)7.3.11 Repot Ver.7.3.11 47 Wo��ltxvrsrMFagn State of California e Pooled Money Investment Account Y ti Market Valuation 12/31/2021 Carrying Cost Plus Description Accrued Interest Purch. Amortized Cost Fair Value Accrued Interest United States Treasury: Bills $ 43,569,286,927.30 $ 43,578,148,587.65 $ 43,566,910,500.00 NA Notes S 75,086,412,242.60 $ 75,080,652,906.63 $ 74,667,028,500.00 S 109,370,054.00 Federal Agency: SBA $ 350,740,581.41 $ 350,740,581.41 $ 351,306,665.72 $ 148,390.75 MBS-REMICs $ 6,715,516.12 $ 6,715,516.12 $ 6,985,051.69 $ 30,724.20 Debentures $ 10,439,956,592.62 $ 10,439,204,370.45 $ 10,416,451,600.00 $ 9,420,765.50 Debentures FIR $ - $ - $ - $ - Debentures CL $ 800,000,000.00 $ 800,000,000.00 $ 790,694,000.00 $ 762,194.00 Discount Notes $ 19,162,958,897.16 $ 19,165,010,905.46 $ 19,157,738,000.00 NA Su ranational Debentures $ 2,219,658,716.35 $ 2,218,983,369.12 $ 2,204,343,500.00 $ 6,007,849.50 Su ranational Debentures FIR $ 50.000.000.00 $ 50,000,000.00 $ 50.001.500.00 $ 5,495.49 CDs and YCOs FIR S - $ - $ - $ - Bank Notes $ 50,000,000.00 $ 50,000,000.00 $ 49,999,510.67 $ 29.305.56 CDs and YCDs $ 13,350,000,416.66 S 13,350,000,000.00 $ 13,346,930,419.28 $ 6,017,777.79 Commercial Paper $ 11,491,501,972.14 $ 11,495,349,152.68 $ 11,494,613,733.35 NA Corporate: Bonds FIR $ - $ - $ - $ - Bonds S 310,090,245.37 $ 309,862,368.98 $ 307,103,440.00 $ 1,913,014.98 Repurchase Agreements $ - $ - $ - $ - Reverse Repurchase $ - $ - $ - $ - Time Deposits $ 3,807,500,000.00 $ 3,807,500,000.00 $ 3,807,500,000.00 NA PMIA& GF Loans $ 743,769,000.00 $ 743,769,000.00 $ 743,769,000.00 NA TOTAL $ 181,438,591,107.73 $ 181,445,936,758.50 $ 180,981,275,420.71 $ 133,705,571.77 Fair Value Including Accrued Interest $ 181,114,980,992.48 Repurchase Agreements,Time Deposits, PMIA&General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value(carrying cost). The value of each participating dollar equals the fair value divided by the amortized cost(0.99743912). As an example:if an agency has an account balance of$20,000,000.00, then the agency would report its participation in the LAIF valued at$19,948,782.39 or$20,000,000.00 x 0.99743912. 48 Statement of Cash Receipts and Disbursements and Summary of Cash by Fund z..� ..•- Finance Department ' December 2021 Cash Receipts and Disbursomonts November 2021 December 2021 Receipts General Fund Property Tax $ 10,974,947 $ 24,015,007 Local Sales Tax 4,134,829 3,843,392 Public Safety Sales Tax 221,425 267,988 Transient Occupancy Tax(TOT) 1,083,342 850,926 Utility Users Tax(UUT) 1,849,979 1,458,262 Other Revenue 5,906,446 3,470,402 Total General Fund Revenue 24,070,968 33,905,976 Total All Other Funds Revenue 13,910,166 14,919,339 Total Receipts S 37,981,134 $ 48,825,316 Disbursements General Fund Personnel Services (9,863,247) (14,746,534) Operating Expenses (3,428,060) (4,118,527) Capital Expenditures - Non-Operating Expenses (70,873) (465,427) Total General Fund Disbursements (13,362,180) (19,330,489) Total All Other Funds Disbursements (11,295,942) (18,223,083) Total Disbursements (24,658,122) (37,553,572) Net Change in Cash Flow $ 13.323,011 $ 11,271,744 Summary of Cash by Fund November 2021 December 2021 General Fund $ 62,318,532 $ 76,894,020 General Fund Other 2,848,745 2,825,390 Capital Projects Funds 25,651,070 25,042,877 Debt Service Funds 36,779,248 33,055,380 Enterprise Funds 77,974,543 77,822,120 Trust and Agency Funds 3,664,121 4,874,511 Internal Service Funds 27,061,587 26,477,663 Special Revenue Funds 55,392,908 55,970,538 General Ledger Cash Balances $ 291,690,755 S 302,962,498 Total cash will differ from investment portfolio total due to outstanding checks and/or other liming differences. Note: Above information was obtained from the City's accounting system records.The above information includes receipts from maturing investments and payments for purchased Investments in the city investment portfolio.This statement is prepared in compliance with the City's Charter. 49 Ffe ry, 1909.P � CITY OF HUNTINGTON BEACH QUARTERLY INVESTMENT REPORT CITY TREASURER, ALISA BACKSTROM , MBA, CCMT, CPFIM QUARTER ENDED: DECEMBER 31, 2021 50 INVESTMENT PORTFOLIO - SUMMARY: AS OF: December 31 , 2021 Investment Type $ in 000's Market Value Book Value Federal Agency Issues $ 122,464 $ 122,693 Local Agency Investment Fund (LAIF) $ 81679 $ 8,679 Treasury Securities $ 36,872 $ 36,976 Medium Term Notes - IADB/IBRD $ 35,028 $ 35,214 j Corporate Bonds $ 47,377 $ 47,028 OC Investment Pool $ 50,508 $ 50,508 TOTAL $ 300,928 $ 301 ,098 INVESTMENT PORTFOLIO — INVESTMENTS BY TYPE: 41 % i 17% 16% 12% 11 % 3% I��f �y 7 ■ Federal Agencies ■ OC Investment Pool o Corporate Bonds ❑ Treasuries IMTN-Supras ■ LAIF 52 INVESTMENT PORTFOLIO - QUARTERLY ACTIVITY (OCT-DEC): Purchases: (In 000's) Federal Agency Issues $28,650 Corporate Bonds $ 5,000 Treasury Securities $ 13,000 TOTAL $46,650 M WON,ities/Ca14 /W sithdrawa4s in 000's: Local Agency Investment Fund (LAIF) $ 4,000 US Bank Sweep First AM Gov* $ 5,044 OC Investment Pool $ 15,000 TOTAL $24,044 53 "Sweep account from Oct, no longer utilized. ❑ Dec 2021 : $260,935 Current Year - Month ❑ vs. budget: $100,000 Current Fiscal Year-to-date ❑ Through 12131 : $1 ,559,409 ❑ vs. budget: $600,000 ❑ Dec 2021 : 1 .13% Effective Rate of Return ❑ Fiscal Year-to-date: 1':12% Benchmark ❑ Dec 2021 : 0.20% ❑ 12-month moving average 1 .5-year Treasury INTEREST RATES - US TREASURY RATES DECEMBER 31, 2020 - DECEMBER 31, 2021 I,L'J tilll Y 11 J1(_ti 1.1'r 5-year US Treasury 1.111 1.23% L U•: at 12/31 1,.,111 V.U•: °.°° 0.70 Y 2-year US Treasury V V.IiU 0.50 0.68% at 12/31 0.911 U.:,U 11.'lti 11.'lll 11, 1'i 11. 10 °.U:: 'Q , N h h R h N h h 'Y S R m� R a R R g a ti M1� ss SELECTED INVESTMENT POLICY COMPLIANCE REQUIREMENTS: MAXIMUM SPECIFIED INVESTMENT TYPE MAXIMUM % OF PORTFOLIO/ MINIMUM QUALITY IN MATURITY MAXIMUM PER REQUIREMENTS COMPLIANCE? ISSUER U.S. Treasury 5 years None None YES Obli ations U.S. Government 5 years None None YES Aqencv Obligations Supranationals 5 years 10% "AA" Rating YES Corporate Notes 5 years 30%/10% "A" Rating YES Local Agency Investment Fund N/A Up to $75,000,000 None LAIF YES Orange County Investment Pool N/A Up to $75,000,000 None OCIP YES Maximum Maturities No more than 50% of portfolio maturing over 4 years. YES (Requirements are at purchase) 50 ------------ SUMMARY: o Safety - No principal losses © Liquidity - Sufficient funds for operations Market rate of return - 1.13% December, 1.12% Fiscal Year-to- date (upward trend) Prudently managed - No compliance issues Positive contributor to City - Earnings of $1,559,409 fiscal year- to-date to be utilized for operating and other expenses 57