Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
Home
My WebLink
About
2023 City Treasurer's Quarterly Investment Summary Reports.
2000 Main Street, OTINGio. °F m Huntington Beach,CA r ke 92648 City of Huntington Beach APPROVED 6-0-1 ° (McKEON-ABSENT) File #: 24-084 MEETING DATE: 2/20/2024 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: Jennifer McCann, Accounting Technician Subiect: Receive and File the City Treasurer's Quarterly Investment Report for December 2023 Statement of Issue: Receive and File the City Treasurer's Quarterly Investment Report for December 2023, pursuant to Section 18.0 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 2023, pursuant to Section 18.0 of the Investment Policy of the City of Huntington Beach. Alternative Action(s): Deny or Critique Quarterly Investment Report. Analysis: Not Applicable. Environmental Status: This action is not subject to the California Environmental Quality Act (CEQA) pursuant to Sections 15060(c)(2) (the activity will not result in a direct or reasonably foreseeable indirect physical change in the environment) and 15060(c)(3) (the activity is not a project as defined in Section 15378) of the CEQA Guidelines, California Code of Regulations, Title 14, Chapter 3, because it has no potential for resulting in physical change to the environment, directly or indirectly. Strategic Plan Goal: Non Applicable - Administrative Item City of Huntington Beach Page 1 of 2 Printed on 2/14/2024 powered34 LegistarTM File #: 24-084 MEETING DATE: 2/20/2024 Attachment(s): 1. Treasurer's Quarterly Investment Report for December 2023 2. PowerPoint Presentation Treasurer's Quarterly Investment Report for December 2023 • City of Huntington Beach Page 2 of 2 Printed on 2/14/2024 poweredi LegistarT"^ t M HUNTINBTON BEACH Cityof Huntington Beach Re ort) InvestmentQuarter December 2023 �NTIN' G ,F ........... yn, •..aCC.. • c:, E_._. COUNTN V;,1 Prepared by: Alisa Backstrom, MBA, CCMT, CPFIM Elected City Treasurer Colin Stevens, MPP Treasury Manager 1 40 s HUNTINGTON BEACH gym, i INVESTMENT PORTFOLIO SUMMARY As of December 31, 2023 Portfolio Investments Par Value" Book Value Market Value Book Value Book Yield Book Yield Days to h of Port Contribution Maturity Cash 1 Money Market $1,209,450.90 $1,209,450.90 $1,209,450.90 0.32% 5.25% 0.02% 1 Local Govt Inv Pools(LGIP) ` $31,891,026.62 $31,891,026.62 $31,891,026.62 8.54% 5.55% 0.47% 1 U.S.Treasuries $73,000,000.00 $72,656,145.91 $70,349,700.00 19.46% 1.93% 0.38% 564 Supranational $35,000,000.00 $34,405,764.04 $33,574,200,00 9.21% 2.26% 0.21% 1,017 U.S.Agencies $182,980,000.00 $182,696,557.42 $177,068,676.60 48.93% 2.31% 1.13% 721 Corporates $51,571,000.00 $50,541,881.06 $49,956,448,85 13.54% 3.27% 0.44% 664 Total $375,651,477.52 $373,400,825.95 , $364,049,502.97 100.00% 2.65%° 646 Currently, funds within this portfolio with overnight availability are invested in the California Asset Management Program "CAMP". The CAMP account is considered a "Local Government Investment Pool" or "LGIP" for reporting purposes above. Other funds are invested in U.S. Treasuries, Supranationals (International Bank of Reconstruction and Development "IBRD", Inter-American Development Bank "IADB"), U.S. Agencies, money market funds, and corporate bonds. Only the investment types allowed under California Government code Section 53601 and the City's Investment Policy Statement are utilized. Portfolio Statistics: The current market value of the portfolio as of December 31, 2023, was $364.0 million versus a book value of$373.4 million. As investments are primarily held to maturity, the market value is only a point- in-time measurement, and no loss is realized. As of December 31, the portfolio book yield was 2.65%, with an effective duration of 1.64 and a weighted average maturity of 1.77 years. Sector Breakdown: The largest holding by security type at month-end was U.S. Agency securities at approximately 49% of the total overall portfolio. This was followed by U.S. Treasury securities at approximately 19% of the total portfolio as of December 31, 2023. Cash held in the Local Government Investment Pools ("LGIP") has been reduced as higher interest rates have become available in marketable securities. Maturity Distribution: • As.of December 31, 2023, approximately 37% of the portfolio matured in 0-1 year, with approximately 46% maturing from 1-3 years, and 17% maturing from 3-5 years. 2 41 • . „ ;''*1 .7N.-- HUNTINGTON BEACH '" . Portfolio Characteristics. MaturityDistribution.' 4-5Yr CASH Weighted Avg 8,86% PartfolioBookre)d: 2.65% - 243%• 7.07% xc Coupon, 3-4Yr 10.05% °*". Portfolio Market. 1 Yield 4,65% Composite Rating AA1 n a` 0 1Yr Number of 5ecunfies Num � 28 06% Effective Duration. 164 NumHelcl 74 2-3Yr . Weighted Avg Median Security Size 24.79% Maturity(Yrs)1WAL i n Held $5,000,000.00 ° 1-2Yr Weighted'Avg 646 Net Asset Value`' $0.97496 }w 21.14% MatiiritY Mays) (NAY).. ' Book Value%of Portfolio. IssuerHoldin s Topz1O.. ._. .�� CallableBreakdown. Sector Breakdown S 0.00% 10.00% 20.00% 30.00% 40.00% Onetime(1x) 1.87% Cash/Money Corporates I Market FHLB 36.60% ` 1 0.32% 19.46% 'Quarterly 21.06% 13,54% c `1 T - Local Govt InV `'e•o� Pools(LGIP) CAMP ELT 8.54% Annual(Da) 3.03% 8.54% U.S. IBRD IC 7.92% Treasuries FFCB lE 6.15"6 Anytime 7.32% °° 19.46% FNMA l 3.41% Total" 33.27% ,' y` VdMi 2.45% Suprenatlonel ° 9.21% FHLMC F 222% U.S.Agencies ` ° 48.93% IBM 1 161% CAT t 1.34% Book Value,%of.Port INVESTMENT PORTFOLIO EARNINGS As of December 31, 2023 Period Earnings Summary(31 Days) Fiscal YTD Summary(184 Days) Net Period Earnings $767,580.82 Net Period Earnings $4,581,569.04 Last FY Period Net Earnings $462,459.62 Last FY Period Net Earnings $2,232,909.85 Avg Daily Book Balance $357,706,297.51 Avg Daily Book Balance $356,174,314.81 Net Effective Annual Return 2.563% Net Effective Annual Return 2.575% Earnings for the month of December 2023 were $767,581, an increase of approximately 66% from the same month in the prior year. Fiscal year to date earnings of$4,581,569 were up approximately 105% from the previous fiscal year. These higher earnings were due to both the increase in interest rates and the higher average balance of the portfolio. The effective rate of return for December was 2.56%, with 3 42 VV"V s n ,� � . ,.. w .w te „ ,- , . V•°' { v "" +F' NUNTINGTON BEACH � a � � � K ti w • a fiscal year-to-date return of 2.58%. The benchmark has increased rapidly with the sharp rise in interest rates through 2022 into 2023. At the end of December, the 12-month moving average of the interpolated 1.5-year U.S. Treasury was 4.85%. The portfolio will lag behind the benchmark, as it will take time for previously purchased securities to mature and for funds to be reinvested. QUARTERLY PORTFOLIO ACTIVITY October 1 to December 31, 2023 $ in 000s I . Transaction Type: Security Type Purchase Maturity/Sale U.S. Treasuries $5,000 $0 Supranationals $10,000 $0 U.S. Agencies $4,455 $3,000 Corporate Bonds $10,000 $2,875 ,TOTALS: $29,455 $5,875 For the quarter ending December 31, 2023, one U.S. Treasury was purchased totaling $5.0 million, two Supranationals was purchased totaling $10.0 million, one U.S. Agency was purchased totaling $4.5 million, and two Corporate Bonds totaling $10 million were purchased. One U.S. Agency matured for $3.0 million, and $2.87 million in Corporate Bonds matured. COMPLIANCE SUMMARY As of December 31, 2023 MAXIMUM INVESTMENT MAXIMUM SPECIFIED°J°OF MINIMUM QUALITY IN TYPE MATURITY PORTFOLIO! REQUIREMENTS COMPLIANCE? MAXIMUM PER ISSUER U.S.Treasuries 5 years None None YES U.S.Agencies 5 years None None YES Supranationals 5 years 30% -AA-Rating Category YES Corporate Bonds 5 years 30%I10% -A"Rating Category YES Money Market 60 days 15%/10% "AAA- Rating Mutual Funds Category YES CA Asset Management NIA Up to$75,000,000 None Program(CAMP) YES Maximum Maturities No more than 50%of portfolio maturing over 4 years. YES There were no compliance issues during this period. 4 43 m,.4, !,.: .i ' ..;--'' ::::' ' i ' >, " ` HUNTINGTON BEACH "' � :T*::::*':'74'%:' ECONOMIC AND MARKET OVERVIEW MARKET SUMMARY: SEPTEMBER 29, 2023 - DECEMBER 29, 2023 Fed Funds 2-Yr. 10-Yr- As of: Rate Treasury Treasury SS:P 500 DJIA 9129/2023 5.25-5.50 a/° 5.03% 4.59% $ 4,2$8.05 $ 33,507.50 12/29/2023 5.25-5.50% 4.23% 3.88°I° 4,769.83 37,689.54 %Change 0.00% -15.90% -15.47% 11.24% 12.48% 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 the growth of economic activity has slowed from. its strong pace in the third quarter and maintained the federal funds rate at 5.25 to 5.50 percent. In determining the extent of additional policy firming that may be appropriate to return inflation to 2 percent over time, the Committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments. Fixed Income / Equity Markets: The yield on the 10-year U.S. Treasury finished the quarter at 3.88%, down from 4.59% at the end of September, with the 2-year decreasing from 5.03% to 4i.23% for the same period. While the Treasury yield curve fell, it remained inverted. The S&P 500 increased by 11.24% and the DJIA increased by 12.48% respectively, for the quarter ending December 31. Employment: Total nonfarm payroll employment rose by 216,000 in December, and the unemployment rate was little changed at 3.7 percent. Notable.job gains occurred in government, health care, social assistance, and construction. 5 44 7001110I \ Portfolio Summary . o e I ;- City of Huntington Beach w '. Portfolio:CITY i Reporting Date:(FY2024) 4c M, k E� . ',. 12/01/2023-12/31/2023 Full Accrual Basis Par Value Period Earnings Summary(31 Days) Fiscal YTD Summary(184 Days) Period Transactions Net Period Earnings $767,580.82 Net Period Earnings` $4,581,569.04 Redemptions 0 Total Par Value $375,651,477.52 Last FY Period Net Earnings $462,463.79 Last FY Period Net Earnings $2,232,909.85 Purchases 5 Avg Daily Book Balance $357,706,297.51 Avg Daily Book Balance $356,174,314.81 Total Activity 5 Net Effective Annual Return 2.563% Net Effective Annual Return 2.575% Fiscal YTD Transactic),--- Redemptions 11 Purchases 8 Book Value Total Activity 18 Total Book Value $373,400,825.95 City Portfolio Certification I certify that this report and the corresponding pages attached accur ately reflect all portfolio combined investments and conforms with all California state statutes and the Huntington Beach investment policy filed on December 19,2023.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations.Market values are provided by US Bank via Interactive Data Corp(IDC) The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes.This period,that rate is equal to:4.850% A 3' City Treasurer 12/31/2023 Alisa Backstrom Title Date Portfolio Investments Market Value Book Value Book Yield Day, "; Par Value Book Value Market Value " Book Yield of Port Contribution Mat..1... .4 Total Market Value $364,049,502.97 Cash/Money Market.` $1,209,450.90 $1,209,450.90 $1,209,450.90 0.32% 5.25% 0.02% 1 Local Govt Inv Pools(LGIP) $31,891,026.62 $31,891,026.62 $31,891,026.62 8.54% 5.55% 0.47% 1 U.S.Treasuries $73,000,000.00 $72,656,145.91 $70,349,700.00 19.46% 1.93% 0.38% 564 Supranational $35,000,000.00 $34,405,764.04 $33,574,200.00 9.21% 2.26% 0.21% 1,017 U.S.Agencies $182,980,000.00 $182,696,557.42 $177,068,676.60 48.93% 2.31% 1.13% 721 Corporates $51,571,000.00 $50,541,881.06 $49,956,448.85 13.54% 3.27% 0.44% 664 Total $375,651,477.52 $373,400,825.95 $364,049,502.97 100.00% 2.65% 646 6 45 Reporting Period: Cash By Fund Report Portfolio:CITY 12/31/2023 City of Huntington Beach Accounting ID Ticker Pool Description Type . : Par Value Book Value Market Value Rate %of Portfolio Rating 003 CAMP California Asset_Management_ Program LGIP_ 31,891,026.62 31,891,026.62 31,891,026.62 5.55 8.54% NR 104 _ FUZXX First American Treasury Obligations Cash/Money Market 1,209,450.90 1,209,450.90 1,209,450.90 5.25 0.32% NR CITY Fund Total 33,100,477.52 33,100,477.52 33,100,477.52 8.86% Report Run Date: Jan 19,2024 7 46 Reporting Period: Bond Holdings By Sector Report Portfolio:CITY 12/31/2023 City of Huntington Beach Accounting CUSIP LL Ticker Coupon Maturity Date Short Description ' Trade.Date Settlement Par Value Book Value MarketGain/Loss: Book Effective Days to (%)of Mdy/S&P/Fitch ID DateYield Duration Maturity Portfolio tVl 4364 9128286Z8 T 1.750 06/30/2024 U.S.Treasury Note 04/29/2022 05/02/2022 7,000,000.00 6,967,170.27 6,883,240.00 (83,930.27) 2.730 0.49 181 1.87% Aaa/AA+/AA+ ............ ._._..... Note - - - ... ... ...... 4370 912828XX3 T 2.000 06/30/2024 U.S.Treasury o 05/26/2022 05/27/2022 5,000,000.00 4,988,909.31 4,922,050.00 (66,859.31) 2.462 0.49 181 1.34% Aaa/AA+/AA+ 4353 912828Y87 T 1.750 07/31/2024 U.S.Treasury Note 01/13/2022 01/14/2022 5,000,000.00 5,020,652.31 4,905,650.00 (115,002.31) 1.028 0.56 212 1.34% Aaa/AA+/AA+ 4358 912828Y87 T 1.750 07/31/2024 U.S.Treasury Note 02/10/2022 02/11/2022 4,000,000.00 4,003,510.59 3,924,520.00 (78,990.59) 1.595 0.56 212 1.07% Aaa/AA+/AA+ 4361 912828D56 T 2.375 08/15/2024 U.S.Treasury Note 03/21/2022 03/22/2022 5,000,000.00 5,004,044.33 4,918,350.00 (85,694.33) 2.240 0.60 227 1.34% Aaa/AA+/AA+ 4298 912828YH7 T 1.500 09/30/2024 U.S.Treasury Note 12/04/2019 12/05/2019 5,000,000.00 4,996,589.44 4,874,400.00 (122,189.44) 1.595 0.73 273 1.34% Aaa/AA+/AA+ 4350 912828YM6 T 1.500 10/31/2024 U.S.Treasury Note 12/30/2021 12/31/2021 . 3,000,000.00 3,014,248.35 2,918,670.00 (95,578.35) 0.920 0.81 304 0.81% Aaa/AA+/AA+ 4376 91282CEU1 T 2.875 06/15/202-c U.S.Treasury Note 11/17/2022 11/18/2022 3,000,000.00 2,942,668.95 2,932,020.00 (10,648.95) 4.276 1.40 531 0.79% Aaa/AA+/AA+ 4330 4330 91282CAB7 T 0.250 07/31/2025 U.S.Treasury Note _0_5/18/2021 05/19/2021 5,000,000.00 _ 4,971,563.75 4,682,600.00 (288,963.75) 0.615 1.54 577 1.33% Aaa/AA+/AA+ 4340 91282CAJ0 T 0.250 08/31/2025 U.S.Treasury Note 09/23/2021 09/27/2021 -5,000,000.00 4,960,251.05 4,667,800.00 (292,451.05) 0.735 1.62 608 1.33% Aaa/AA+/AA+ 4351 9128284Z0 T 2.750 08/31/2025 U.S.Treasury Note 12/30/2021 12/31/2021 5,000,000.00 5,133,859.90 4,867,400.00 (266,459.90) 1.103 1.59 608 1.37% Aaa/AA+/AA+ 4341 91282CCP4 T 0.625 07/31/2026 U.S.Treasury Note 09/30/2021 09/30/2021 5,000,000.00 4,959,112.18 4,579,900.00 (379,212.18) 0.950 2.50 942 1.33% Aaa/AA+/AA+ 4339 91282CCW9 T 0.750 08/31/2026 U.S.Treasury Note 09/23/2021 09/23/2021 1,000,000.00 996,357.32 916,800 00 (79,557 32) 0.890 2.57 973 0.27% Aaa/AA+/A.k _ 4342 91282CCW9 T 0.750 08/31/2026_ U.S.Treasury Note 11/22/2021 11/23/2021_ 5,000,000.00_ 4,931,053.57 4,584,000.00 (347,053.57) 1.285 2.57 973 1.32% _Aaa/AA+/A' 4379 91282CEW7 - T --3.250 06/30/2027 -- U.S.Treasury Note -- 12/28/2022 12/29/2022 _ 5,000,000.00 - 4,881,054.14 4,886,150.00 - 5,095.86 4.000 3.25 1,276 1.31% Aaa/AA+/A_'.. 4406 91282CEW7 T 3.250 06/30/2027 U.S.Treasury Note 12/21/2023 12/22/2023 5,000,000.00 4,885,100.47 4,886,150.00 1,049.53 3.960 3.25 1,276 1.31% Aaa/AA+/AA+ U.S.Treasuries 73,000,000.00 72,656,145.91 70,349,700.00 (2,306,445.91)-` 19.46% 4323 459056HV2 IBRD 1.500 08/28/2024 Intl Bank for Recon and Dev 04/21/2021 04/23/2021 5,000,000.00 5,035,087.80 4,885,000.00 (150,087.80) 0.425 0.64 240 1.35% Aaa/AAA/AAA 4338 4590581E4 IBRD 0.376 07/28/2025 Intl Bank for Recon and Dev 07/28/2021 07/30/2021 5,000,000.00 4,983,833.80 4,688,150.00 (295,683.80) 0.583 1.53 574 1.33% Aaa/AAA/AAA 4319 459058JL8 IBRD 0.500 10/28/2025 Intl Bank for Recon and Dev 01/08/2021 01/12/2021 5,000,000.00 4,998,953.22 4,659,700.00 (339,253.22) 0.512 1.77 666 1.34% Aaa/AAA/AAA 4324 45906M2L4 IBRD 0.650 02/24/2026 Intl Bank for Recon and Dev 04/28/2021 04/30/2021 5,000,000.00 4,976,908.07 4,603,800.00 (373,108.07) 0.870 2.08 785 1.33% Aaa/AAA/AAA 4401 45818WEQ5 IADB 3.800 06/09/2028 Inter-American Development Bank 09/19/2023 09/21/2023 5,000,000.00 4,837,517.84 4,946,250.00 108,732.16 4.622 4.02 1,621 1.30% Aaa/AAA/AAA 4402 459058KT9 IBRD 3.500 07/12/2028 Intl Bank for Recon and Dev 11/09/2023 11/13/2023 5,000,000.00 4,746,461.58 4,895,650.00 149,188.42 4.760 4.06 1,654 1.27% Aaa/AAA/AAA 4403 459058KT9 IBRD 3.500 07/12/2028 Intl Bank for Recon and Dev 12/04/2023 12/06/2023 5,000,000.00 4,827,001.72 4,895,650.00 68,648.28 4.350 4.06 1,654 1.29% Aaa/AAA/AAA L . . Supranational 35,000,000.00 34,405,764.04 33,574,200.00 (831,564.04) 9.21% 4387 3130AUXN9 FHLB 5.000 02/15/2024 Federal Home Loan Bank 04/24/2023 04/25/2023 3,000,000.00 3,000,241.24 2,998,260.00 (1,981.24) 4.923 0.12 45 0.80% Aaa/AA+/NR 4292 3133ECHX5 FFCB 2.260 03/13/2024 Federal Farm Credit Bank 05/22/2019 05/23/2019 5,000,000.00 5,000,224.74 4,969,550.00_ (30,674.74) 2.236 0.19 72 1.34% Aaa/AA+/AA+ 4378 3130ATVC8 FHLB 4.875 06/14/2024 Federal Home Loan Bank 12/27/2022 12/28/2022 5,000,000.00 5,002,711.50 4,992,300.00 (10,411.50) 4.740 0.44 165 1.34% Aaa/AA+/NR 4348 3130AQD42 FHLB 0.920 06/28/2024 Federal Home Loan Bank 12/14/2021 12/28/2021 5,000,000.00 5,000,000.00 4,898,300.00 (101,700.00) 0.920 0.48 179 1.34% Aaa/AA+/NR 4380 3134GYCP5 FHLMC 5.000 07/23/2024 Freddie Mac 01/05/2023 01/23/2023 5,000,000.00 5,000,000.00 4,997,650.00 (2,350.00) 5.000 0.54 204 1.34% Aaa/AA+/AA+ 4344 3130AQ3C5 FHLB 1.000 08/28/2024 Federal Home Loan Bank 12/01/2021 12/02/2021 4,000,000.00 4,000,000.00 3,894,920.00 (105,080.00) 1.000 0.64 240 1.07% Aaa/AA+/NR 4373 3133XVDG3 FHLB 4.375 09/13/2024 Federal Home Loan Bank 09/22/2022 09/23/2022 5,000,000.00 5,004,454.37 4,976,050.00 (28,404.37) 4.240 0.68 256 1.34% Aaa/AA+/NR 4336 3130AMXJ6 FHLB 0.500 09/30/2024 Federal Home Loan Bank 06/17/2021 06/30/2021 5,000,000.00 5,000,000.00 4,834,400.00 (165,600.00) 0.500 0.73 273 1.34% Aaa/AA+/NR 4346 3130AQD59 _ FHLB 1.000 09/30/2024 Federal Home Loan Bank 12/14/2021 12/30/2021 5,000,000.00 5,000,000.00 4,853,300.00 (146,700.00) 1.000 0.73 273 1.34% Aaa/AA+/NR - 4349 3130AQD59 FHLB 1.000 09/30/2024 Federal Home Loan Bank 12/22/2021 12/30/2021 5,000,000.00 5,000,000.00 4,853,300.00 (146,700.00) 1.000 0.73 273 1.34% Aaa/AA+/I 4334 3130AMW65 FHLB 0.500 12/30/2024 Federal Home Loan Bank 06/15/2021 06/30/2021 5,000,000.00 5,000,000.00 4,787,000.00 (213,000.00) 0.500 0.97 364 1.34% Aaa/AA+/I 4332 3130AMQ62 FHLB 0.625 03/14/2025 Federal Home Loan Bank 05/26/2021 06/14/2021 5,000,000.00 5,000,000.00 4,784,450.00 (215,550.00) 0.625 1.17 438 1.34% Aaa/AA+/1'c•. 4397 3130AWER7 FHLB 4.625 06/06/2025 Federal Home Loan Bank 06/14/2023 06/15/2023 3,000,000.00 2,998,631.01 3,016,740.00 18,108.99 4.659 1.37 522 0.80% Aaa/AA+/NR 4329 3135G04Z3 FNMA 0.500 06/17/2025 Fannie Mae 05/13/2021 05/14/2021 5,000,000.00 4,990,769.11 4,718,200.00 (272,569.11) 0.628 1.42 533 1.34% Aaa/AA+/AA+ 4381 3135G04Z3 FNMA 0.500 06/17/2025 Fannie Mae 01/12/2023 01/13/2023 5,000,000.00 4,757,763.16 4,718,200.00 (39,563.16) 4.013 1.42 533 1.27% Aaa/AA+/AA+ 4345 3130AQ558 FHLB 1.250 06/30/2025 Federal Home Loan Bank 12/08/2021 12/30/2021 4,650,000.00 4,650,000.00 4,439,727.00 (210,273.00) 1.250 1.45 546 1.25% Aaa/AA+/NR 4327 3130AMDL3 FHLB 0.800 07/25/2025 Federal Home Loan Bank 05/11/2021 05/25/2021 5,000,000.00 5,000,000.00 4,729,650.00 (270,350.00) 0.800 1.52 571 1.34% Aaa/AA+/NR 4360 3130AQT94 FHLB 1.600 08/28/2025 Federal Home Loan Bank 03/03/2022 03/04/2022 4,575,000.00 4,559,209.14 4,371,961.50 (187,247.64) 1.816 1.60 605 1.22% Aaa/AA+/NR 4331 3130AMQ54 FHLB 0.700 09/16/2025 Federal Home Loan Bank 05/26/2021 06/16/2021 5,000,000.00 5,000,000.00 4,692,800.00 (307,200.00) 0.700 1.66 624 1.34% Aaa/AA+/NR 4318 3135GA2Z3 FNMA 0.560 11/17/2025 Fannie Mae 01/08/2021 01/11/2021 3,000,000.00 3,001,277.66 2,786,820.00 (214,457.66) 0.500 1.83 686 0.80% Aaa/AA+/AA+ 4320 3130AKN36 FHLB 0.525 01/15/2026 Federal Home Loan Bank 01/14/2021 01/15/2021 5,000,000.00 4,997,961.11 4,631,150.00 (366,811.11) 0.545 1.98 745 1.34% Aaa/AA+/NR 4321 3130AK485 FHLB 0.550 01/20/2026 Federal Home Loan Bank 01/14/2021 01/20/2021 5,000,000.00 4,998,973.61 4,631,150.00 (367,823.61) 0.560 1.99 750 1.34% Aaa/AA+/NR 4322 3130AKU53 FHLB 0.500 01/28/2026 Federal Home Loan Bank 01/26/2021 01/28/2021 5,000,000.00 5,000,000.00 4,622,400.00 _ (377,600.00) 0.500 2.01 758 1.34% Aaa/AA+/NR 4333 3130ALEY6 FHLB 0.800 03/04/2026 Federal Home Loan Bank 06/09/2021 06/10/2021 5,000,000.00 5,000,000.00 4,632,150.00 (367,850.00) 0.800 2.10 793 1.34% Aaa/AA+/NR 4328 3130AMJN3 FHLB 1.030 05/26/2026 Federal Home Loan Bank 05/12/2021 05/26/2021 5,000,000.00 5,000,000.00 4,624,400.00 (375,600.00) 1.030 2.32 876 1.34% Aaa/AA+/NR -. -4335 313OAMFS6 FHLB 0.750 06/12/2026 Federal Home Loan Bank .06/16/2021 06/17/2021 5,000,000.00 4,985,275.77 4,605,350.00 (379,925.77) 0.873 2.37 893 1.34% Aaa/AA+/NR 4388 3130AVWS7 FHLB 3.750 06/12/2026 Federal Home Loan Bank 05/08/2023 05/09/2023 3,000,000.00 2,996,699.22 2,973,540.00 (23,159.22) 3.796 2.30 893 0.80% Aaa/AA+/NR Report Run Date: Jan 19,2024 47 8 Reporting Period: Bond Holdings By Sector Report Portfolio:CITY 12/31/2023 City of Huntington Beach r Accounting CUSIP Ticker Coupon Maturity Date Short Description Trade Date Settlement Par Value- Book Value Market Value Gain/Loss Book Effective Days to (%)of Mdy/S&P/Fitch ID Date Yield Duration Maturity Portfolio 4398 3133EPNG6 FFCB 4.375 06/23/2026 Federal Farm Credit Bank 06/22/2023 06/23/2023 3,000,000.00 2,998,885.00 3,013,320.00 14,435.00 4.391 2.32 904 0.80% Aaa/AA+/AA+ 4347 3130AQ7E7 FHLB 1.500 06/30/2026 Federal Home Loan Bank 12/14/2021 12/30/2021 5,000,000.00 5,001,109.88 4,666,250.00 (334,859.88) 1.339 2.39 911 1.34% _Aaa/AA+/NR 4384 3130AUMC5 FHLB 3.750 07/20/2026 Federal Home Loan Bank 01/17/2023 01/19/2023 5,000,000.00 5,000,000.00 4,950,400.00 (49,600.00) 3.750 2.36 931 1.34% Aaa/AA+/NR 4356 3130AQ579 FHLB 1.375 08/07/2026 Federal Home Loan Bank 01/27/2022 02/07/2022 5,000,000.00 5,000,000.00 4,719,400.00 (280,600.00) 1.375 2.46 949 1.34% Aaa/AA+/NR 4386 3133EPGT6 FFCB 3.875 04/26/2027 Federal Farm Credit Bank 04/21/2023 04/26/2023 5,000,000.00 4,995,228.30 4,971,100.00 (24,128.30) 3.906 3.05 1,211 1.34% Aaa/AA+/AA+ 4389 3133EPJP1 FFCB 3.625 05/12/2027 Federal Farm Credit Bank 05/08/2023 05/12/2023 5,000,000.00 4,988,352.53 4,932,250.00 (56,102.53) 3.700 3.10 1,227 1.34% Aaa/AA+/AA+ 4392 3130AW4N7 FHLB_ 3.630 06/04/2027 Federal Home Loan Bank 05/16/2023 05/18/2023_ 5,000,000.00 5,000,000.00 4,936,750.00 (63,250.00) 3.630 3.16 1,250 1.34% Aaa/AA+/NR 4396 3133EPMV4 FFCB _4.125 06/15/2027 Federal Farm Credit Bank 06/09/2023 06/15/2023 5,000,000.00 4,999,179.31 5,011,300.00 12,120.69 4.130 3.17 1.261 1.34% Aaa/AA+/AA+ 4385 3134GYPF3 FHLMC 4.750 07/12/2027 Freddie Mac 04/21/2023_04/24/2023_ 3,300,000.00 3,295,855.43 3,268,617.00 (27,238.43) 4.791 1.49 1,288 0.88% Aaa/AA+%AA+ 4405 3130AWWN6 FHLB 4.500 09/10/2027 Federal Home Loan Bank 12/04/2023 12/05/2023 4,455,000.00 4,472,128.51 4,528,151.10 56,022.59 4.383 3.31 1,348 1.20% Aaa/AA+/NR 4395 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank____06/09/2_023 _06/13/2023 5,000,000.00 __ 5,004,092.87 5,017,500.00 13,407.13 _ 3.979 4.01 1,621 1.34% Aaa/AA+/NR 4399 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan-Bank 06/26/2023 06/27/2023 5,000,000.00 4,997,533.95 5,017,500.00 19,966.05 4.012 4.01 1,621 1.34% Aaa/AA+/NR 4400 31422X5U2 FAMCA ; 5.100 08/07/2028 Farmer Mac 08/02/2023 08/07/2023 2,000,000.00 2,000000.00 2,002,420.00 2,42000 5.100 2.22 1,680 0.54% NR/NR/N17 - , .. U.S.Agencies 'i 182,980,000.00 182,696,557.42 177,068,676.60; (5,627,880.82)' - 48.93% 4355 67066GAL8 NVDA 0.584 06/14/2024 Nvidia 01/20/2022 01/24/2022 5,000,000.00 4,985,187.85 4,892,450.00 (92,737.85) 1.250 0.44 165 1.34% Al/A+/ 4325 91159HHX1 USB 2.400 07/30/2024 US Bank 04/28/2021 04/30/2021 3,809,000.00 3,848,872.09 3,743,142.39 (105,729.70) 0.528 0.56 211 1.03% A3/A/A 4343 14913R2P1 CAT 0.600 09/13/2024 Caterpillar 11/30/2021 12/02/2021 5,000,000.00 _ 4,986,896.50 4,840,450.00 (146,446.50) 0.980 0.68_ 256 1.34% A2/A/A+ 4371 459200K59 IBM 4.000- 07/27/2025 * IBM 08/09/2022 08/11/2022 6,000,000.00-- 6,016,725.14 5,933,700.00 (83,025.14) 3.810 1.48 573 1.61% A3/A-/NR 4372 931142EW9 'WMT 3.900 09/09/2025 Walmart 09/20/2022 09/22/2022 5,000,000.00 4,980,284.16 4,950,300.00 (29,984.16) 4.150 1.60 617 1.33% Aa2/AA/AA 4382 717081DV2 PFE 2.750 06/03/2026 Pfizer Inc 01/13/2023 01/18/2023 5,000,000.00 4,844,116.54 4,792,850.00 (51,266.54) 4.142 2.29 884 1.30% A2/A/A 4375 110122CN6 BMY 3.200 06/15/2026 Bristol-Myers Squibb 11/14/2022 11/16/2022 5,000,000.00 __ 4,856,187.12 4,851,400.00 (4,787.12) 4.480 2.28 896 _1.30% ___A2/A/ 4390 931142EM1 WMT 3.050 07/08/2026 Walmart 05/11/2023 05/15/2023 4,257,000.00 4,186,525.57 4,130,269.11 (56,256.46) 3.752 2.31 919 1.12% Aa2/AA/AA 4391 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/11/2023 05/15/2023 2,505,000.00 2,399,426.44 2,360,887.35 (38,539 09) 3.752 2.43 939 0.64/ A1/A+/A 4404 037833DN7 AAPL 2.050 09/11/2026 Apple 12/04/2023 12/06/2023 5,000,000.00 4,682,678.39 4,709,900.00 27,221.61 4.583 2.54 984 1.25% Aaa/AA+/ 4407 713448DN5 PEP 2.375 10/06/2026 Pepsi 12/21/2023 12/26/2023 5,000,000.00 4,754,981.25 4,751,100.00 (3,881.25) i 4.273 2.58 1,009 1.27% A1/A+/WD Corporates - - .. 51,571,000.00 50,541,881.06 49,956,448.85 (585,432.21) - 13.54% -- - - _ _ _ . _ _ - r- - - - Bond Holdings - 342,551,000.00 340,300,348.43 330,949,025.45 (9,351,322.98) - 91.14% • Report Run Date: Jan 19,2024 9 48 -`•-,,\) .°` ; ; ,�,' Cash/Money Market/LGIP Activity Report .. : City of Huntington Beach Portfolio:CITY �'1F '..1 ' w,.: / Reporting Date:12/31/2023 °QUHT Cam,,, Cash/Money Market Account Activity Accounting ID Description Activity Date Transaction Type Transaction Amount 003 California Asset Management Program 12/05/2023 Withdrawal ($6,600,000.00) 003 California Asset Management Program 12/01/2023 Interest Received $142,425.88 003 California Asset Management Program 12/11/2023 Withdrawal ($6,000,000.00) 003 California Asset Management Program 12/27/2023 Deposit $12,000,000.00 Activity Total ($457,574.12) ( .���.� n�. � ,�� -�- �� 104 First American Treasury Obligations 12/04/2023 Deposit $4,159,500.00 104 First American Treasury Obligations 12/06/2023 Withdrawal ($7,543,415.21) 104 First American Treasury Obligations 12/07/2023 Deposit $84,263.34 104 First American Treasury Obligations 12/01/2023 Interest Received $1,379.63 104 First American Treasury Obligations 12/11/2023 Deposit $303,888.89 104 First American Treasury Obligations 12/12/2023 Deposit $18,750.00 104 First American Treasury Obligations 12/13/2023 Deposit $67,812.50 104 First American Treasury Obligations 12/14/2023 Deposit $136,475.00 104 First American Treasury Obligations 12/15/2023 Deposit " $226,250.00 104 First American Treasury Obligations 12/18/2023 Deposit $25,000.00 104 First American Treasury Obligations 12/21/2023 Deposit $0.88 104 First American Treasury Obligations 12/22/2023 Deposit $5,038,524.18 104 First American Treasury Obligations 12/26/2023 Withdrawal ($4,714,513.89) 104 First American Treasury Obligations 12/28/2023 Deposit $23,000.00 Activity Total I (($2,173,084.68) 10 49 ,c �0 �` o.�,1F Bond Redemption Activity Report .° City of Huntington Beach r Portfolio:CITY .EF�d ��,s° Reporting Date:12/31/2023 Redemption Transactions Transaction Settlement Accounting ID Type Cusip Description Price Date Posted Date Par Value Principal Accrued Interest - Total • Activity Total $0.00 $0.00 $0.00 . $0.00 11 50 y 0 Bond Purchase Activity'Report (4,..t- . ,:-.., n ..,�:'x City of Huntington Beach Portfolio:CITY _ caONrf�3'''' Reporting Date:12/31/2023 ca Purchase Transactions Transaction Settlement Accounting ID . Cusip , Description Price Posted Date Par Value Principal Accrued Interest Total Type 4405 Buy 3130AWWN6 FHLB 4.500 09/10/2027 100.39200 12/05/2023 12/05/2023 4,455,000.00 $4,472,463.60 $60,699.38 $4,533,162.98 _ 4403 Buy 459058KT9 IBRD 3.500 07/12/2028 96.48700 12/06/2023 12/06/2023 5,000,000.00 $4,824,350.00 $70,000.00 $4,894,350.00 4404 Buy 037833DN7 AAPL 2.050 09/11/2026 93.49000 12/06/2023 12/06/2023 5,000,000.00 $4,674,500.00 $24,201.39 $4,698,701.39 4406 Buy 91282CEW7 T 3.250 06/30/2027 97.68400 12/22/2023 12/22/2023 5,000,000.00 $4,884,200.00 $77,275.82 $4,961,475.82 4407 Buy 713448DN5 PEP 2.375 10/06/2026 95.07500 12/26/2023 12/26/2023 5,000,000.00 $4,753,750.00 $26,388.89 $4,780,138.89 i Activity Total 24,455 000 00 i $23,609,263.60 $258,565.48 $23,867,829.08 ( 12 51 Utt1liJGr _ . * Bond Cityof InterestHuntingt ReceivedonBeach Activity Report v 4.� v di ,_ .7`.5' Portfolio:CITY yes .. `-^�$�° Reporting Date:12/31/2023 UHTY G Bond Interest Received Accounting ID Transaction Type Cusip ' Description Date Posted Interest Received Purchased Interest Adjustment Net Interest 4382 Interest Income 717081DV2 PFE 2.750 06/03/2026 12/04/2023 $68,750.00 $68,750.00 4392 Interest Income 3130AW4N7 FHLB 3.630 06/04/2027 12/04/2023 $90,750.00 $90,750.00 4397 Interest Income 3130AWER7 FHLB 4.625 06/06/2025 12/06/2023 $67,062.50 $1,156.25 $65,906.25 4395 Interest Income 3130AWC24 FHLB 4.000 06/09/2028 12/11/2023 $104,444.44 $6,666.67 $97,777.77 4399 Interest Income 3130AWC24 FHLB 4.000 06/09/2028 12/11/2023 $104,444.45 $14,444.44 $90,000.01 4401 Interest Income 45818WEQ5 IADB 3.800 06/09/2028 12/11/2023 $95,000.00 $53,833.33 $41,166.67 4335 Interest Income 3130AMF56 FHLB 0.750 06/12/2026 12/12/2023 $18,750.00 $18,750.00 4388 Interest Income 3130AVWS7 FHLB 3.750 06/12/2026 12/12/2023 $67,812.50 $1,250.00 $66,562.50 4355 Interest Income 67066GAL8 NVDA 0.584 06/14/2024 12/14/2023 $14,600.00 $14,600.00 4378 Interest Income 3130ATVC8 FHLB 4.875 06/14/2024 12/14/2023 $121,875.00 $121,875.00 4375 Interest Income 110122CN6 BMY 3.200 06/15/2026 12/15/2023 $80,000.00 $80,000.00 4376 Interest Income 91282CEU1 T 2.875 06/15/2025 12/15/2023 $43,125.00 $43,125.00 4396 Interest Income 3133EPMV4 FFCB 4.125 06/15/2027 12/15/2023 $103,125.00 $103,125.00 4381 Interest Income 3135G04Z3 FNMA 0.500 06/17/2025 12/18/2023 $12,500.00 $12,500.00 4329 Interest Income 3135G04Z3 _FNMA 0.500 06/17/2025 12/18/2023 $12,500.00 $12,500.00 4398 — Interest_Income 3133EPNG6 — — FFCB 4.375 06/23/2026 — — 12/26/2023 ____— $65,625.00 $65,625.00 —4348 — Interest Income 3130AQD42 — FHLB 0.920 06/28/2024 12/28/2023 $23,000.00 — — $23,000.00 Activity Total $1,093,363.89 $77,350.69 $1,016,013.20 13 52 o,0 N Statement of Cash Receipts and Disbursements and $- . ) Summary of Cash by Fund 2 ts City Treasurer's Office -nutm'cA;,," December 2023 Cash Receipts and Disbursements November 2023 December 2023 Receipts General Fund Property Tax $ 13,791,928 $ 23,817,212 Local Sales Tax 3,944,653 3,996,591 Public Safety Sales Tax 244,768 285,478 Transient Occupancy Tax(TOT) 1,419,750 1,072,762 Utility Users Tax(UUT) 2,091,183 1,642,396 Other Revenue 5,396,567 4,462,678 Total General Fund Revenue 26,888,849 35,277,117 Total All Other Funds Revenue 24,250,676 22,491,481 Total Receipts $ 51,139,525 $ 57,768,599 Disbursements General Fund Personnel Services (12,831,863) (16,299,110) Operating Expenses (4,421,467) (3,789,596) Capital Expenditures - - Non-Operating Expenses (5,688) (466,907) Total General Fund Disbursements (17,259,018) (20,555,613) Total All Other Funds Disbursements (20,257,979) (26,181,844) Total Disbursements (37,516,996) (46,737,457) Net Change in Cash Flow $ 13,622,529 $ 11,031,142 Summary of Cash by Fund November 2023 December 2023 General Fund $ 69,130,451 $ 83,851,956 General Fund Other 5,453,511 5,361,116 Capital Projects Funds 67,221,273 67,553,371 Debt Service Funds 31,743,448 29,577,241 Enterprise Funds 80,368,509 81,583,428 Trust and Agency Funds 2,965,717 3,362,860 Internal Service Funds 54,838,545 52,107,813 Special Revenue Funds 50,698,369 50,053,181 General Ledger Cash Balances * $ 362,419,825 $ 373,450,966 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. 53 14 P ,.,,oTitiOe, � ioSummary r m Cityof Hun tington _ Portfolio:CITY A "` Reporting Date:(FY2024) 1cc'�'-"••• .4 11/01/2023-11/30/2023 Full Accrual Basis , Par Value Period Earnings Summary(30 Days) Fiscal YTD Summary(153 Days) Period Transactions Net Period Earnings $723,286.07 Net Period Earnings $3,813,988.22 Redemptions 0 Total Par Value $353,827,136.32 Last FY Period Net Earnings $415,620.82 Last FY Period Net Earnings $1,770,450.23 Purchases 1 Avg Daily Book Balance $346,087,376.15 Avg Daily Book Balance $355,867,918.27 Total Activity 1 Net Effective Annual Return 2.580% Net Effective Annual Return 2.583% Fiscal YTD Transact J Redemptions __ "°i Purchases 3 Book Value Total Activity 13 City Portfolio Certification Total Book Value $352,365,780.96 , I certify that this report and the corresponding pages attached accurately reflect all portfolio combined investments and conforms with all California state statutes and the Huntington Beach investment policy filed on January 17,2023.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations.Market values are provided by US Bank via Interactive Data Corp(IDC) The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes.This period,that rate is equal to:4.860% X City Treasurer 11/30/2023 Alisa Backstrom Title Date Portfolio Investments Market Value : Book Value Book Yield Dal- Par Value Book Value -. Market Value Book Yield %of Port Contribution Mai:,._..-i Total Market Value $340,075,010.34 Cash/Money Market $3,382,535.58 $3,382,535.58 $3,382,535.58 0.96% 5.24% 0.05% 1, Local Govt Inv Pools(LGIP) $32,348,600.74 $32,348,600.74 $32,348,600.74 9.18% 5.58% 0.51% 1 U.S.Treasuries $68,000,000.00 $67,762,050.02 $64,952,040.00 19.23% 1.79% 0.34% 543 Supranational $30,000,000.00 $29,573,690.62 $28,321,850.00 8.39% 1.92% 0.16% 943 U.S.Agencies $178,525,000.00 $178,209,322.88 $170,869,247.00 50.58% 2.26% 1.14% 736 Corporates $41,571,000.00 $41,089,581.13 $40,200,737.02 11.66% 3.00% 0.35% 619 Total $353,827,136.32 $352,365,780.96 $340,075,010.34 100.00% 2.56% 628 15 54 Reporting Period: Cash By Fund Report Portfolio:CITY 11/30/2023 City of Huntington Beach Accounting ID Ticker Pool Description Type Par Value Book Value Market Value Rate - %of Portfolio Rating 003 CAMP California Asset Management Program LGIP 32,348,600.74 32,348,600.74 32,348,600.74 5.58 9.18% NR 104 FUZXX First American Treasury Obligations Cash/Money Market 3,382,535.58 3,382,535.58 3,382,535.58 5.24 _ 0.96% NR CITY Fund Total 35,731,136.32 35,731,136.32 - 35,731,136.32 10.14% Report Run Date: Dec 22,2023 16 55 Reporting Period: Bond Holdings By Sector Report Portfolio:CITY 11/30/2023 City of Huntington Beach Accounting CUSIP Ticker Coupon Maturity- Date. Short Description Trade Date Settlement Par Value Book. Value. Market Value Gain/Loss Book Effective Days to (%)of Moodys S&P Fitch IDDateYield Duration Maturity Portfolio Rating Rating Rating 4364 9128286Z8 T 1.750 06/30/2024 U.S.Treasury Note 04/29/2022 05/02/2022 7,000,000.00 6,961,547.49 6,858,110.00 (103,437.49) 2.730 0.56 212 1.98% Aaa AA+ AA+ 4370 912828XX3 T 2.000 06/30/2024 U.S.Treasury Note 05/26/2022 05/27/2022 5,000,000.00 4,987,009.80 4,904,900.00 (82,109.80) 2.462 0.56 212 1.42% Aaa AA+ AA+ 4353 912828Y87 T 1.750 07/31/2024 U.S.Treasury Note 01/13/2022 01/14/2022 5,000,000.00 5,023,672.23 4,884,550.00 (139,122.23) 1.028 0.65 243 1.43% Aaa AA+ AA+ 4358 912828Y87 T 1.750 07/31/2024 U.S.Treasury Note 02/10/2022 02/11/2022 4,000,000.00 4,004,023.93 3,907,640.00 (96,383.93) 1.595 0.65 243 1.14% Aaa AA+ AA+ 4361 912828D56 T 2.375 08/15/2024 U.S.Treasury Note 03/21/2022 03/22/2022 5,000,000.00 5,004,596.64 4,898,450.00 (106,146.64) 2.240 0.68 258 1.42% Aaa AA+ AA+ 4298 912828YH7 T 1.500 09/30/2024 U.S.Treasury Note 12/04/2019 12/05/2019 5,000,000.00 4,996,202.16 4,848,650.00 (147,552.16) 1.595 0.81 304 1.42% Aaa AA+ AA+ 4350 912828YM6 T 1.500 10/31/2024 U.S.Treasury Note 12/30/2021 12/31/2021 3,000,000.00 3,015,701.30 2,900,400.00 (115,301.30) 0.920 0.89 335 0.86% Aaa AA+ AA+ 4376 91282CEU1 T 2.875 06/15/2025 U.S.Treasury Note -.- 11/17/2022 11/18/2022 3,000,000.00 2,939,321.94 2,910,600.00 (28,721.94) 4.276 1.46 562 0.83% Aaa AA+ AA+ 4330 91282CAB7 T 0.250 07/31/2025 U.S.Treasury Note 05/18/2021 05/19/2021 5,000,000.00 4,970,035.98 4,636,150.00 (333,885.98) 0.615 1.62 608 1.41% Aaa AA+ AA+ 4340 91282CAJ0 T 0.250 08/31/2025 U.S.Treasury Note 09/23/2021 09/27/2021 5,000,000.00 4,958,224.37 4,621,100.00 (337,124.37) 0.735 1.70 639 1.41% Aaa AA+ AA+ 4351 9128284Z0 T 2.750 08/31/2025 U.S.Treasury Note 12/30/2021 12/31/2021 5,000,000.00 5,140,684.99 4,828,900.00 (311,784.99) 1.103 1.67 639 1.46% Aaa AA+ AA+ 4341 91282CCP4 T 0.625 07/31/2026 U.S.Treasury Note 09/30/2021 09/30/2021 5,000,000.00 4,957,766.62 4,517,000.00 (440,766.62) 0.950 2.57 973 1.41% Aaa AA+ AA+ 4339 91282CCW9 T 0.750 08/31/2026 U.S.Treasu Note 09/23/2021 09/23/2021 1,000,000.00 996,241.26 904,140.00 (92,101.26) 0.890 2.65 1,004 0.28% Aaa AA+ 4342 91282CCW9 T 0.750 08/31/2026 U.S.Treasury Note 11/22/2021 11/23/2021 5,000,000.00 4,928,856.92 _ 4,520,700.00 (408,156.92) 1.285 2.65 1,004 1.40% Aaa_ AA+ 4379 91282CEW7 T 3.250 06/30/2027 U.S.Treasury Note 12/28/2022 12/29/2022 5,000,000.00 4 87, 8,164.39 - 4;810,750:00 (67,414.39) 4.000 3.27 1,307 1.38% Aaa AA+ U.S.Treasuries 68,000,000.00 67,762,050.02 64,952,040.00 (2,810,010.02) 19.23% 4323 459056HV2 IBRD_ _1.500 08/28/2024 Int'l Bank for Recon and Dev _04/21/2021 04/23/2021 5,000,000.00 5,039,529.29 4,862,550.00 (176,979.29) 0.425 0.72 271 1.43% Aaa AAA AAA 4338 459058JE4 IBRD 0.376 0.376 07/28/2025 Intl Bank for Recon and Dev 07/28/2021 07/30/2021 5,000,000.00 - 4,982,978.44 4,642,200.00 (340,778.44) -0.583--1.61 605 1.41% Aaa AAA AAA 4319 459058JL8 IBRD 0.500 10/28/2025 Intl Bank for Recon and Dev 01/08/2021 01/12/2021 5,000,000.00 4,998,905.42 4,610,450.00 (388,455.42) 0.512 1.85 697 1.42% Aaa AAA AAA 4324 45906M2L4 IBRD 0.650 02/24/2026 Intl Bank for Recon and Dev 04/28/2021 04/30/2021 5,000,000.00 4,976,011.88 4,547,550.00 (428,461.88) 0.870 2.16 816 1.41% Aaa AAA AAA 4401 45818WEQ5 IADB 3.800 06/09/2028 Inter-American Development Bank 09/19/2023 09/21/2023 5,000,000.00 4,834,467.49 4,856,650.00 22,182.51 4.622 4.01 1,652 1.37% Aaa AAA AAA 4402 4590581<T9 IBRD 3.500 07/12/2028 Intl Bank for Recon and Dev 11/09/2023 11/13/2023 5,000,000.00 4,741,798.09 4,802,450.00 60,651.91 4.760 4.12 1,685 1.35% Aaa AAA AAA Supranational 30,000,000.00 29,573,690.62 28,321,850.00 (1,251,840.62) 8.39%' 4387 3130AUXN9 FHLB 5.000 02/15/2024 Federal Home Loan Bank 04/24/2023 04/25/2023 3,000,000.00 3,000,405.72 2,996,100.00 (4,305.72) 4.923 0.21 76 0.85% Aaa AA+ NR 4292 3133ECHX5 FFCB 2.260 03/13/2024 Federal Farm Credit Bank 05/22/2019 05/23/2019 5,000,000.00 5,000,318.38 4,955,900.00 (44,418.38) 2.236 0.28 103 1.42% Aaa . AA+ AA+ 4378 3130ATVC8 FHLB 4.875 06/14/2024 Federal Home Loan Bank 12/27/2022 12/28/2022 5,000,000.00 5,003,210.55 4,985,350.00 (17,860.55) 4.740 0.51 196 1.42% Aaa AA+ NR 4348 3130AQD42 FHLB 0.920 06/28/2024 Federal Home Loan Bank 12/14/2021 12/28/2021 5,000,000.00 5,000,000.00 4,876,600.00 (123,400.00) 0.920 0.56 210 1.42% Aaa AA+ NR 4380 3134GYCP5 FHLMC 5.000 07/23/2024 Freddie Mac 01/05/2023 01/23/2023 5,000,000.00 5,000,000.00 4,988,850.00 (11,150.00) 5.000 0.62 235 1.42% Aaa AA+ AA+ 4344 3130AQ3C5 FHLB 1.000 08/28/2024 Federal Home Loan Bank 12/01/2021 12/02/2021 4,000,000.00 4,000,000.00 3,874,400.00 (125,600.00) 1.000 0.72 271 .1.14% Aaa AA+ NR 4373 3133XVDG3 FHLB 4.375 09/13/2024 Federal Home Loan Bank 09/22/2022 09/23/2022 5,000,000.00 5,004,984.65 4,965,350.00 (39,634.65) 4.240 0.76 287 1.42% Aaa AA+ NR 4336 313OAMXJ6 FHLB 0.500 09/30/2024 Federal Home Loan Bank 06/17/2021 06/30/2021 5,000,000.00 5,000,000.00 4,804,450.00 (195,550.00) 0.500 0.81 304 1.42% Aaa AA+ NR 4346 3130AQD59 FHLB 1.000 09/30/2024 Federal Home Loan Bank 12/14/2021 12/30/2021 5,000,000.00 5,000,000.00 4,824,650.00 (175,350.00) 1.000 0.81 304 1.42% Aaa AA+ NR 4349 3130A D59 FHLB 1.000 09/30/2024 Federal Home Loan Bank 12/22/2021 12/30/2021 5,000,000.00 5,000,000.00 4,824,650.00 (175,350.00) 1.000 0.81 304 1.42% Aaa AA+ NR 4334 3130AMW65 FHLB 0.500 12/30/2024 Federal Home Loan Bank 06/15/2021 06/30/2021 5,000,000.00 5,000,000.00 4,750,550.00 (249,450.00) 0.500 1.05 395 1.42% Aaa AA+ NR 4332 3130AMQ62 FHLB 0.625 03/14/2025 Federal Home Loan Bank 05/26/2021 06/14/2021 5,000,000.00 5,000,000.00 4,718,750.00 - (281,250.00) 0.625 1.25 469 1.42% Aaa AA+ 4397 3130AWER7 FHLB 4.625 06/06/2025 Federal Home Loan Bank 06/14/2023 06/15/2023 3,000,000.00 2,998,551.27 2,988,360.00 (10,191.27) 4.659 1.41 553 0.85% Aaa AA+ 4329 3135G04Z3 FNMA 0.500 06/17/2025 Fannie Mae 05/13/2021 05/14/2021 5,000,000.00 4,990,242.63 4,675,350.00 (314,892.63) 0.628 1.50 564 1.42% Aaa AA+ I 4381 3135004Z3 FNMA 0.500 06/17/2025 Fannie Mae 01/12/2023 01/13/2023 5,000,000.00 4,743,947.37 4,675,350.00 (68,597.37) 4.013 1.50 564 1.35% Aaa AA+ AA+ 4345 3130AQ5S8 FHLB 1.250 06/30/2025 Federal Home Loan Bank 12/08/2021 12/30/2021 4,650,000.00 4,650,000.00 4,384,857.00 (265,143.00) 1.250 1.52 577 1.32% Aaa AA+ NR 4327 3130AMDL3 FHLB 0.800 07/25/2025 Federal Home Loan Bank 05/11/2021 05/25/2021 5,000,000.00 5,000,000.00 4,673,350.00 (326,650.00) 0.800 1.60 602 1.42% Aaa AA+ NR 4360 3130AQT94 FHLB 1.600 08/28/2025 Federal Home Loan Bank 03/03/2022 03/04/2022 4,575,000.00 4,558,415.63 4,332,342.00 (226,073.63) 1.816 1.68 636 1.29% Aaa AA+ NR 4331 3130AMQ54 FHLB 0.700 09/16/2025 Federal Home Loan Bank 05/26/2021 06/16/2021 5,000,000.00 5,000,000.00 4,645,050.00 (354,950.00) 0.700 1.74 655 1.42% Aaa AA+ NR 4318 3135GA2Z3 FNMA 0.560 11/17/2025 Fannie Mae 01/08/2021 01/11/2021 3,000,000.00 3,001,334.36 2,765,310.00 (236,024.36) 0.500 1.91 717 0.85% Aaa AA+ AA+ 4320 3130AKN36 FHLB 0.525 01/15/2026 Federal Home Loan Bank 01/14/2021 01/15/2021 5,000,000.00 4,997,877.78 4,568,200.00 (429,677.78) 0.545 2.06 776 1.42% Aaa AA+ NR 4321 3130AKN85 FHLB 0.550 01/20/2026 Federal Home Loan Bank 01/14/2021 01/20/2021 5,000,000.00 4,998,931.94 4,562,200.00 (436,731.94) 0.560 2.07 781 1.42% Aaa AA+ NR 4322 3130AKU53 FHLB 0.500 01/28/2026 Federal Home Loan Bank 01/26/2021 01/28/2021 5,000,000.00 5,000,000.00 4,567,750.00 (432,250.00) 0.500 2.09 789 1.42% Aaa AA+ NR 4333 3130ALEY6 FHLB 0.800 03/04/2026 Federal Home Loan Bank 06/09/2021 06/10/2021 5,000,000.00 5,000,000.00 4,569,400.00 (430,600.00) 0.800 2.18 824 1.42% Aaa AA+ NR 4328 3130AMJN3 FHLB 1.030 05/26/2026 Federal Home Loan Bank 05/12/2021 05/26/2021 5,000,000.00 5,000,000.00 _ 4,581,100.00 (418,900.00) 1.030 2.39 907 1.42% Aaa AA+ NR _ 4335 3130AMFS6 -FHLB 0.750 06/12/2026 Federal Home Loan Bank 06/16/2021 06/17/2021 5,000,000.00 4,984,774.37 4,549,400.00 (435,374.37) 0.873 2.44 924 1.41% Aaa AA+ NR 4388 3130AVWS_7 FHLB 3.750 06/12/2026 Federal Home Loan Bank 05/08/2023 05/09/2023 3,000,000.00 2,996,586.82 2,942,670.00 (53,916.82) 3.796 2.33 924 0.85% Aaa _AA+ NR 4398 3133EPNG6 FFCB 4.375 06/23/2026 Federal Farm Credit Bank 06/22/2023 06/23/2023 3,000,000.00 2,998,847.50 2,988,360.00 (10,487.50) 4.391 2.34 935 0.85% Aaa AA+ AA+ 4347 3130AQ7E7 FHLB 1.500 06/30/2026 Federal Home Loan Bank 12/14/2021 12/30/2021 5,000,000.00 5,001,146.91 4,622,050.00 (379,096.91) 1.339 2.46 942 1.42% Aaa AA+ NR Report Run Date: Dec 22,2023 17 56 Reporting Period: Bond Holdings By Sector Report Portfolio:CITY 11/30/2023 City of Huntington Beach Accounting CUSIP Ticker Coupon Maturity Date Short Description Trade Date Settlement Par Value Book Value. ` Market Value` Gain/Loss Book Effective Days to (%)of Moodys S&P Fitch ID .. Date. 'Yield 'Duration 'Maturity Portfolio Rating Rating Rating 4384 3130AUMC5 FHLB 3.750 07/20/2026 Federal Home Loan Bank 01/17/2023 01/19/2023 5,000,000.00 5,000,000.00 4,896,900.00 (103,100.00) 3.750 2.43 962 1.42% Aaa AA+ NR 4356 3130AQS79 FHLB 1.375 08/07/2026 Federal Home Loan Bank 01/27/2022 02/07/2022 5,000,000.00 5,000,000.00 4,670,600.00 (329,400.00) 1.375 2.55 980 1.42% Aaa AA+ NR 4386 3133EPGT6 FFCB 3.875 04/26/2027 Federal Farm Credit Bank 04/21/2023 04/26/2023 5,000,000.00 4,995,108.51 4,901,900.00 (93,208.51) 3.906 3.12 1,242 1.42% Aaa PA+ AA+ 4389 3133EPJP1 FFCB 3.625 05/12/2027 Federal Farm Credit Bank 05/08/2023 05/12/2023 5,000,000.00 4,988,063.99 4,861,450.00 (126,613.99) 3.700 3.18 1,258 1.42% Aaa AA+ AA+ 4392 3130AW4N7 FHLB 3.630 06/04/2027 Federal Home Loan Bank 05/16/2023 05/18/2023 5,000,000.00 5,000,000.00 4,864,650.00 (135,350.00) 3.630 3.18 1,281 1.42% Aaa AA+ NR 4396 3133EPMV4 FFCB 4.125 06/15/2027 Federal Farm Credit Bank 06/09/2023 06/15/2023 5,000,000.00 4,999,159.51 4,939,500.00 (59,659.51) 4.130 3.18 1,292 1.42% Aaa AA+ AA+ 4385 31340YPF3 FHLMC __4.750 07/12/2027 Freddie Mac _ 04/21/2023 _04/24/2023 3,300,000.00 3,295,757.61 3,249,048.00 (46,709.61) 4.791 2.14 1,319 0.94% Aaa AA+ AA+ 4395 3130AWC24 FHLB 4.000 06/09/2028 ' Federal Home Loan Bank 06/09/2023 06/13/2023 5,000,000.00 - 5,004,169.71 4,921,650.00 (82,519.71) 3.979 3.99 1,652 1.42% Aaa AA+ NR 4399 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/26/2023 06/27/2023 5,000,000.00 4,997,487.65 4,921,650.00 (75,837.65) 4.012 3.99 1,652 1.42% Aaa AA+ NR 4400 31422X5U2 FAMCA 5.100 08/07/2028 Farmer Mac 08/02/2023 08/07/2023 2,000,000.00 2,000,000.00 1,985,200.00 (14,800.00) 5.100 2.09 1,711 0.57% NR NR NR . U.S.Agencies 178,525,000.00 178,209,322.88 170,869,247.00 -(7,340,075.88) 50.58% 4355 67066GAL8 NVDA 0.584 06/14/2024 Nvidia 01/20/2022 01/24/2022 5,000,000.00 4,982,461.69 4,872,850.00 (109,611.69) 1.250 0.52 196 1.41% Al A+ 4325 91159HHX1 USB 2.400 07/30/2024 US Bank 04/28/2021 04/30/2021 3,809,000.00 3,854,595.36 3,724,630.65 (129,964.71) 0.528 0.64 242 1.09% A3 A ' 4343 14913R2P1 CAT 0.600 09/13/2024 Caterpillar 11/30/2021 12/02/2021 5,000,000.00 4,985,336.56 4,817,150.00 (168,186.56) 0.980 0.77 287 1.41% A2 A A+ 4371 459200KS9 IBM 4.000 07/27/2025 IBM 08/09/2022 08/11/2022 6,000,000.00 6,017,611.63 5,883,660.00 (133,951.63) 3.810 1.55 604 1.71% A3 A- NR 4372 931142EW9 WMT 3.900 09/09/2025 Walmart 09/20/2022 09/22/2022 5,000,000.00 4,979,311.34 4,921,000.00 (58,311.34) 4.150 1.67 648 1.41% Aa2 AA AA 4382 717081DV2 PFE 2.750 06/03/2026 Pfizer Inc 01/13/2023 01/18/2023 5,000;000.00 4,838,753.58 4,758,850.00 (79,903.58) 4.142 2.34 915 1.37% Al A+ A 4375 110122CN6 BMY 3.200 06/15/2026 Bristol-Myers Squibb 11/14/2022 11/16/2022 5,000,000.00 4,851,306.59 4,808,000 00 (43,306.59) 4.480 - 2.35 927 1.38% A2 A+ 4390 931142EM1 WMT 3.050 07/08/2026 Walmart 05/11/2023 05/15/2023 4,257,000.00 4,184,194.55 4,086,975.42 (97,219.13) 3.752 2.42 950 1.19% Aa2 AA AA 4391 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/11/2023 05/15/2023 2,505,000.00 2,396,009.82 2,327,620.95 (68,388.87) 3.752 2.51 970 0.68% Al A+ A . ` Corporates 41,571,000.00 41,089,58113.' 40,200,737.02 .` (888,844.11) 11.66% -" Bond Holdings - 318,096,000.00 `316,634,644.64 304,343,874.02 :- (12,290,770.62) - 89.86% Report Run Date: Dec 22,2023 18 57 11 it �tSTMGTpR 0. Cash/Money Market/LGIP Activity Report 1,,. . City of Huntington Beach Portfolio:CITY 4. :..�`�`,, Reporting Date:11/30/2023 Cash/Money Market Account Activity Accounting ID Description Activity Date Transaction Type Transaction Amount. 003 California Asset Management Program 11/01/2023 Interest Received $156,647.74 003 California Asset Management Program 11/17/2023 Withdrawal ($6,000,000.00) 003 California Asset Management Program 11/28/2023 Deposit $5,000,000.00 Activity Total ($843,352.26) "-- .. .. .�, 104 First American Treasury Obligations 11/01/2023 Interest Received $580.02 104 First American Treasury Obligations 11/13/2023 Deposit $292,805.56 104 First American Treasury Obligations 11/17/2023 Deposit $8,400.00 104 First American Treasury Obligations 11/27/2023 Deposit • $20,000.00 104 First American Treasury Obligations 11/28/2023 Deposit $25,750.00 104 First American Treasury Obligations 11/30/2023 Deposit $3,000,000.00 Activity Total $3,347,535.58 19 58 t".61inara4' c ` 1,s'� t BondRedemption Activity Report _ ' City of Huntington Beach Portfolio:CITY c li,e Reporting Date:11/30/2023 Redemption Transactions Transaction Settlement Accounting ID Type Cusip Description Price Date Posted Date Par Value Principal Accrued Interest Total Activity Total $0.00 $0.00 $0.00 $0.00 20 59 1,- Bond Purchase Activity Report ,,4 ' City of Huntington Beach �, ,; " Portfolio:CITY Reporting Date:11/30/2023 Purchase Transactions Transaction Settlement Accounting ID Type e. Cusip Description Price Date Posted Date Par Value Principal, Accrued Interest r Total.: 4402 Buy 459058KT9 IBRD 3.500 07/12/2028 94.78000 11/13/2023 111/13/2023 5,000,000.00 $4,739,000.00 $58,819.44 $4,797,819.44 Activity Total ._.....___I a 5,000,000.00 [ $4,739,000.00 LL $58,819.44 tl`y $4,797,819.44 ^� • 21 60 �:`*' : ' Bond'Interest'Received Activity Report e ,.._ g City of Huntington Beach Portfolio:CITY i'' `3ti4° Re ortin Date:11/30/2023 Bond Interest Received Accounting ID Transaction Type Cusip Description Date Posted Interest Received Purchased Interest Adjustment, Net Interest 4389 Interest Income 3133EPJP1 FFCB 3.625 05/12/2027 11/13/2023 $90,625.00 $90,625.00 4318 Interest Income 3135GA2Z3 FNMA 0.56011/17/2025 11/17/2023 $8,400.00 $8,400.00 4327 Interest Income 3130AMDL3 FHLB 0.800 07/25/2025 11/27/2023 $20,000.00 $20,000.00 4328 Interest Income 3130AMJN3 FHLB 1.030 05/26/2026 11/27/2023 $25,750.00 $25,750.00 Activity Total $144,775.00 $0.00 $144,775.00 • 22 61 ° Statement of Cash Receipts and Disbursements and Summary of Cash by Fund City Treasurer's Office November 2023 Cash Receipts and Disbursements October 2023 November 2023 Receipts [General Fund Property Tax $ 246,426 $ 13,791,928 Local Sales Tax 4,201,331 3,944,653 Public Safety Sales Tax 236,550 244,768 Transient Occupancy Tax(TOT) 1,689,599 1,419,750 Utility Users Tax(UUT) 2,417,455 2,091,183 Other Revenue 5,669,127 5,396,567 Total General Fund Revenue 14,460,488 26,888,849 Total All Other Funds Revenue 15,858,729 24,250,676 Total Receipts $ 30,319,217 $ 51,139,525 Disbursements ra-eneral Fund Personnel Services (11,932,469) (12,831,863) Operating Expenses (5,094,618) (4,421,467) Capital Expenditures - - Non-Operating Expenses (65,934) (5,688) Total General Fund Disbursements (17,093,021) (17,259,018) Total All Other Funds Disbursements (15,791,321) (20,257,979) Total Disbursements (32,884,342) (37,516,996) Net Change in Cash Flow $ (2,565,125) $ 13,622,529 Summary of Cash by Fund October 2023 November 2023 General Fund $ 58,296,947 $ 67,926,778 General Fund Other 5,351,166 5,453,511 Capital Projects Funds 71,511,509 69,241,611 Debt Service Funds 30,297,321 31,743,448 Enterprise Funds 73,832,411 80,368,509 Trust and Agency Funds 4,536,235 2,965,717 Internal Service Funds 56,363,664 55,112,174 Special Revenue Funds 50,596,466 51,596,498 General Ledger Cash Balances * $ 350,785,718 $ 364,408,247 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. 23 62 ��10ING, Portfolio Summary tial,cK ,� City`of Huntington Beach `" 1 Portfolio:CITY ,{ Reporting Date:(FY2024) Piss ,��t 10/01/2023-10/31/2023 (44,.. f¢Uyriat~ Full Accrual Basis Par Value Period Earnings Summary(31 Days) Fiscal YTD Summary(123 Days) Period Transactions Net Period Earnings $735,333.30 Net Period Earnings $3,090,702.15 Redemptions 2 'Total.Par Value $346,322,953.00 Last FY Period Net Earnings $403,240.70 Last FY Period Net Earnings $1,354,829.41 Purchases 0 Avg Daily Book Balance $347,214,453.47 - - Avg Daily Book Balance $358,313,053.80 ,,", Total Activity 2 Net Effective Annual Return 2.529% Net EffectiveeAnnual Return 2.589% Fiscal YTD Transact( `1 Redemptions _., Purchases 2 Book Value Total Activity 12 Total Book Value $345,080,939.77 City Portfolio Certification n I certify that this report and the corresponding pages attached accurately reflect all portfolio combined investments and conforms with all California state statutes and the Huntington Beach investment policy filed on January 17,2023.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations.Market values are provided by US Bank via Interactive Data Corp(IDC) The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes.This period,that rate is equal to:4.830% 'l(' City Treasurer 10/31/2023 Alisa Backstrom Title Date Market Value r Portfolio Investments " Book Value Book Yield Dais Par Value Book Value Market Value Book Yield, %of Port' Contribution Mall'',.,_,, Total Market Value $329,794,182.96 Cash/Money Market $35,000.00 $35,000.00 $35,000.00 0.01% 5.24% 0.00% 1 Local Govt Inv Pools(LGIP) $33,191,953.00 $33,191,953.00 $33,191,953.00 9.62% 5.56% 0.53% 1 U.S.Treasuries $68,000,000.00 $67,753,344.77 $64,447,770.00 19.63% 1.79% 0.35% 573 Supranational °' $25,000,000.00 $24,831,484.32 $23,238,600.00 7.20% 1.38% 0.10% 832 U.S.Agencies $178,525,000.00 $178,194,216.85 $169,069,305.25 51.64% 2.26% 1.17% 766 Corporates $41,571,000.00 $41,074,940.83 $39,811,554.71 11.90% 3.00% 0.36% 649 Total $346,322,953.00 $345,080,939.77 $329,794,182.96 100.00% " 2.51% . 645 - 24 63 Reporting Period: Cash By Fund Report Portfolio:CITY 10/31/2023 City of Huntington Beach Accounting ID Ticker Pool Description Type Par Value Book Value Market Value , Rate %of Portfolio Rating 003 CAMP California Asset Management Program LGIP 33,191,953.00 33,191,953.00 33,191,953.00 5.56 9.62% NR 104 FUZXX First American Treasury Obligations Cash/Money Market 35,000.00 35,000.00 — 35,000.00 5.24 0.01% NR CITY Fund Total 33,226,953.00 33,226,953.00 33,226,953.00 9.63% , r \ 2 25 Report Run Date: Nov 22,2023 64 Reporting Period: Bond Holdings By Sector Report Portfolio:CITY 10/31/2023 City of Huntington Beach Accounting CUSIP Ticker Coupon Maturity Date Short Description Trade Date Settlement Par Value Book Value Market Value Gain/Loss Book Effective Days to (%)of Mdy/S&P/Fitch ID Date Yield Duration Maturity. Portfolio 4364 9128286Z8 T 1.750 06/30/2024 U.S.Treasury Note 04/29/2022 05/02/2022 7,000,000.00 6,956,106.10 6,829,130.00 (126,976.10) 2.730 0.64 242 2.02% Aaa/AA+/AA+ 4370 912828XX3 T 2.000 06/30/2024 U.S.Treasury Note 05/26/2022 05/27/2022 5,000,000.00 4,985,171.57 4,885,950.00 (99,221.57) 2.462 0.64 242 1.44% Aaa/AA+/AA+ 4353 912828Y87 T 1.750 07/31/2024 U.S.Treasury Note 01/13/2022 01/14/2022 5,000,000.00 5,026,594.73 4,863,100.00 (163,494.73) 1.028 0.73 273 1.46% Aaa/AA+/AA+ 4358 912828Y87 T 1.750 07/31/2024 U.S.Treasury Note 02/10/2022 02/11/2022 4,000,000.00 4,004,520.71 3,890,480.00 (114,040.71) 1.595 0.73 273 1.16% Aaa/AA+/AA+ 4361 912828D56 T 2.375 08/15/2024 U.S.Treasury Note 03/21/2022 03/22/2022 5,000,000.00 5,005,131.13 4,879,700.00 (125,431.13) 2.240 0.76 288 1.45% Aaa/AA+/AA+ 4298 912828YH7 T 1.500 09/30/2024 U.S.Treasury Note 12/04/2019 12/05/2019 5,000,000.00 4,995,827.37 4,824,800.00 (171,027.37) 1.595 0.89 334 1.45% Aaa/AA+/AA+ 4350 912828YM6 T 1.500 10/31/2024 U.S.Treasury Note 12/30/2021 12/31/2021 3,000,000.00 3,017,107.39 2,885,640.00 (131,467.39) 0.920_ 0.97 365 0.87%_ Aaa/AA+/AA+ 4376 91282CEU1 T 2.875 06/15/2025 U.S.Treasury Note 11/17/2022 11/18/2022 3,000,000.00 2,936,082.89 2,892,780.00 (43,302.89) 4.276 1.54 592 0.85% Aaa/AA+/AA+ 4330 91282CAB7 T 0.250 07/31/2025 U.S.Treasury Note 05/18/2021 05/19/2021 5,000,000.00 4,968,557.50 4,594,350.00 (374,207.50) 0.615 1.70 638 1.44% Aaa/AA+/AA+ 4340 91282CAJ0 T 0.250 08/31/2025 U.S.Treasury Note 09/23/2021 09/27/2021 5,000,000.00 4,956,263.08 4,578,300.00 (377,963.08) 0.735 1.78 669 1.44% Aaa/AA+/AA+ 4351 9128284Z0 T 2.750 08/31/2025 U.S.Treasury Note 12/30/2021 12/31/2021 5,000,000.00 5,147,289.92 4,792,200.00 (355,089.92) 1.103 1.74 669 1.49% Aaa/AA+/AA+ 4341 91282CCP4 T 0.625 07/31/2026 U.S.Treasury Note 09/30/2021 09/30/2021 5,000,000.00 4,956,464.46 4,455,300.00 (501,164.46) 0.950 2.65 1,003 1.44% Aaa/AA+/AA+ 4339 91282CCW9 T 0.750 08/31/2026 U.S.Treasury Note 09/23/2021 09/23/2021 1,000,000.00 996,128.95 891,090.00 (105,036 95) 0.890 2.73 1,034 0.29% Aaa/AA+/Fe,_- 4342 91282CCW9 T 0.750 08/31/2026 U.S.Treasury Note 11/22/2021 11/23/2021 5,000,000.00 4,926,731.13 4,455,450.00 (471,281.13) 1.285 2.73 1,034 1.43% Aaa/AA+/Aj ' 4379 91282CEW - 7 T - 3.250 06/30/2027 U.S.Treasury Note 12/28/2022 12/29/2022 5,000,000.00 4,875,367.85 4,729,500.00 (145,867.85) 4.000 3.34 1,337 1.41% Aaa/AA+/A,, U.S.Treasuries 68,000,000.00 67,753,344.77 64,447,770.00 (3,305,574.77) 19.63% 4323 459056HV2 IBRD 1.500 08/28/2024 Int'l Bank for Recon and Dev 04/21/2021 04/23/2021 5,000,000.00 5,043,970.79 4,837,350.00 (206,620.79) 0.425 0.80 301 1.46% Aaa/AAA/AAA 4338 - 4590581E4 IBRD 0.376 07/28/2025 IntlBank for Recon and Dev- 07/28/2021 07/30/2021 --5,000,000.00 4,982,123.09 - 4,598,200.00 -(383,923.09) 0.583 1.69- 635- 1.44% Aaa/AAA/AAA 4319 459058JL8 IBRD 0.500 10/28/2025 Int'I Bank for Recon and Dev 01/08/2021 01/12/2021 5,000,000.00 4,998,857.62 4,564,200.00 (434,657.62) 0.512 1.93 727 1.45% Aaa/AAA/AAA 4324 45906M2L4 IBRD 0.650 02/24/2026 Intl Bank for Recon and Dev 04/28/2021 04/30/2021 5,000,000.00 4,975,115.69 4,487,200.00 (487,915.69) 0.870 2.23 ^ 846 1.44% Aaa/AAA/AAA 4401 45818WEQ5 IADB 3.800 06/09/2028 Inter American Development Bank 09/19/2023 09/21/2023 5,000,000.00 4,831,417.14 4,751,650.00 (79,767.14) 4.622 4.08 1,682 1.40% Aaa/AAA/AAA Supranational. 25,000,000.00 24,831,484.32 23,238,600.00 - (1,592,884.32) ^ ' 7.20% . 4387 3130AUXN9 FHLB 5.000 02/15/2024 Federal Home Loan Bank 04/24/2023 04/25/2023 3,000,000.00 3,000,570.21 2,994,120.00 (6,450.21) 4.923 0.28 106 0.87% Aaa/AA+/NR 4292 3133ECHX5 FFCB 2.260 03/13/2024 Federal Farm Credit Bank 05/22/2019 05/23/2019 5,000,000.00 5,000,412.02 4,942,200.00 (58,212.02) 2.236 0.36 133 1.45% Aaa/AA+/AA+ 4378 3130ATVC8 FHLB 4.875 06/14/2024 Federal Home Loan Bank 12/27/2022 12/28/2022 5,000,000.00 5,003,709.60 4,982,000.00 (21,709.60) 4.740 0.59 226 1.45% Aaa/AA+/NR 4348 3130AQD42 FHLB 0.920 06/28/2024 Federal Home Loan Bank 12/14/2021 12/28/2021 5,000,000.00 5,000,000.00 4,851,000.00 (149,000.00) 0.920 0.64 240 1.45% Aaa/AA+/NR 4380 3134GYCP5 FHLMC 5.000 07/23/2024 Freddie Mac 01/05/2023 01/23/2023 5,000,000.00 5,000,000.00 4,978,050.00 (21,950.00) 5.000 0.70 265 1.45% Aaa/AA+/AA+ 4344 3130AQ3C5 FHLB 1.000 08/28/2024 Federal Home Loan Bank 12/01/2021 12/02/2021 4,000,000.00 4,000,000.00 3,852,760.00 (147,240.00) 1.000 0.80 301 1.16% Aaa/AA+/NR 4373 3133XVDG3 FHLB 4.375 09/13/2024 Federal Home Loan Bank 09/22/2022 09/23/2022 5,000,000.00 5,005,514.93 4,954,550.00 (50,964.93) 4.240 0.84 317 1.45% Aaa/AA+/NR 4336 3130AMX16 FHLB 0.500 09/30/2024 Federal Home Loan Bank 06/17/2021 06/30/2021 5,000,000.00 5,000,000.00 4,775,100.00 (224,900.00) 0.500 0.89 334 1.45% Aaa/AA+/NR 4346 3130AQD59 FHLB 1.000 09/30/2024 Federal Home Loan Bank 12/14/2021 12/30/2021 5,000,000.00 5,000,000.00 4,797,150.00 (202,850.00) 1.000 0.89 334 1.45% Aaa/AA+/NR 4349 3130AQD59 FHLB 1.000 09/30/2024 Federal Home Loan Bank 12/22/2021 12/30/2021 5,000,000.00 5,000,000.00 4,797,150.00 (202,850.00) 1.000 0.89 334 1.45% Aaa/AA+/NR 4334 3130AMW65 FHLB 0.500 12/30/2024 Federal Home Loan Bank 06/15/2021 06/30/2021 5,000,000.00 5,000,000.00 4,718,750.00 (281,250.00) 0.500 1.13 425 1.45% Aaa/AA+/NR 4332 3130AMQ62 FHLB 0.625 03/14/2025 Federal Home Loan Bank 05/26/2021 06/14/2021 5,000,000.00 5,000,000.00 4,683,350.00 (316,650.00) 0.625 1.33 499 1.45% Aaa/AA+/NR 4397 3130AWER7 FHLB 4.625 06/06/2025 Federal Home Loan Bank 06/14/2023 06/15/2023 3,000,000.00 2,998,471.52 2,967,750.00 (30,721.52) 4.659 1.49 583 0.87% Aaa/AA+/,p, - 4329 3135G04Z3 FNMA 0.500 06/17/2025 Fannie Mae 05/13/2021 05/14/2021 5,000,000.00 4,989,716.16 4,637,450.00 (352,266.16) 0.628 1.58 594 1.45% Aaa/AA+//; 4381 3135G04Z3 FNMA 0.500 06/17/2025 Fannie Mae 01/12/2023 01/13/2023 5,000,000.00 4,730,131.58 4,637,450.00 (92,681.58) 4.013 1.58 594 1.37% Aaa/AA+/1 4345 3130AQ5S8 FHLB 1.250 06/30/2025 Federal Home Loan Bank 12/08/2021 12/30/2021 4,650,000.00 4,650,000.00 4,349,935.50 (300,064.50) 1.250 1.60 607 1.35% Aaa/AA+/NR 4327 3130AMDL3 FHLB 0.800 07/25/2025 Federal Home Loan Bank 05/11/2021 05/25/2021 5,000,000.00 5,000,000.00 4,630,400.00 (369,600.00) 0.800 1.67 632 1.45% Aaa/AA+/NR 4360 3130AQT94 FHLB 1.600 08/28/2025 Federal Home Loan Bank 03/03/2022 03/04/2022 4,575,000.00 4,557,622.11 4,293,591.75 (264,030.36) 1.816 1.75 666 1.32% Aaa/AA+/NR 4331 3130AMQ54 FHLB 0.700 09/16/2025 Federal Home Loan Bank 05/26/2021 06/16/2021 5,000,000.00 5,000,000.00 4,598,150.00 (401,850.00) 0.700 1.82 685 1.45% Aaa/AA+/NR - 4318 31350A2Z3 FNMA 0.560 11/17/2025 Fannie Mae 01/08/2021 01/11/2021 3,000,000.00 3,001,391.07 2,732,970.00 (268,421.07) - 0.500 1.98 747 0.87% Aaa/AA+/AA+ 4320 3130AKN36 FHLB 0.525 01/15/2026 Federal Home Loan Bank 01/14/2021 01/15/2021 5,000,000.00 4,997,794.44 4,517,050.00 (480,744.44) 0.545 2.13 806 1.45% Aaa/AA+/NR 4321 3130AKN85 FHLB 0.550 01/20/2026 Federal Home Loan Bank 01/14/2021 01/20/2021 5,000,000.00 4,998,890.28 4,516,900.00 (481,990.28) 0.560 2.15 811 1.45% Aaa/AA+/NR 4322 3130AKU53 FHLB 0.500 01/28/2026 Federal Home Loan Bank 01/26/2021 01/28/2021 5,000,000.00 5,000,000.00 4,507,650.00 (492,350.00) 0.500 2.17 819 1.45% Aaa/AA+/NR 4333 3130ALEY6 FHLB 0.800 03/04/2026 Federal Home Loan Bank 06/09/2021 06/10/2021 5,000,000.00 5,000,000.00 4,522,850.00 (477,150.00) 0.800 2.25 854 1.45% Aaa/AA+/NR 4328 3130AMJN3 FHLB 1.030 05/26/2026 Federal Home Loan Bank 05/12/2021 05/26/2021 5,000,000.00 5,000,000.00 4,514,400.00 (485,600.00) 1.030 2.46 937 1.45% Aaa/AA+/NR .......... 4335 3130AMF56 FHLB 0.750 06/12/2026 Federal Home Loan Bank 06/16/2021 06/17/2021 5,000,000.00 4,984,272.98 4,480,400.00 (503,872.98) 0.873 2.51 954 1.44% Aaa/AA+/NR ____4388 3130AVW57 FHLB- 3.750 06/12/2026 Federal Home Loan Bank 05/08/2023 05/09/2023 3,000,000.00 2,996,474.42 2,906,430.00 (90,044.42) 3.796 2.40 954 0.87% Aaa/AA+/NR 4398 3133EPNG6 FFCB 4.375 06/23/2026 Federal Farm Credit Bank 06/22/2023 06/23/2023 3,000,000.00 2,998,810.00 2,950,500.00 (48,310.00) 4.391 2.42 965 0.87% Aaa/AA+/AA+ 4347 3130AQ7E7 FHLB 1.500 06/30/2026 Federal Home Loan Bank 12/14/2021 12/30/2021 5,000,000.00 5,001,183.95 4,553,900.00 (447,283.95) _ 1.339 2.53 972 1.45% Aaa/AA+/NR 4384 3130AUMC5 FHLB 3.750 07/20/2026 Federal Home Loan Bank 01/17/2023 01/19/2023 5,000,000.00 5,000,000.00 4,833,400.00 (166,600.00) 3.750 2.51 992 1.45% Aaa/AA+/NR Report Run Date: Jan 19,2024 26 65 Reporting Period: • Bond Holdings By Sector Report Portfolio:CITY 10/31/2023 City of Huntington Beach Accounting CUSIP Ticker Coupon Maturity Date Short Description Trade Date Settlement. Par Value Book Value Market Value Gain/Loss Book Effective Days to (%)of Mdy/S&P/Fitch ID - - Date Yield Duration Maturity Portfolio 4356 3130AQS79 FHLB 1.375 08/07/2026 Federal Home Loan Bank 01/27/2022 02/07/2022 5,000,000.00 5,000,000.00 4,597,550.00 (402,450.00) 1.375 2.62 1,010 1.45% Aaa/AA+/NR 4386 3133EPGT6 FFCB 3.875 04/26/2027 Federal Farm Credit Bank 04/21/2023 04/26/2023 5,000,000.00 4,994,988.72 4,815,550.00 (179,438.72) 3.906 3.20 1,272 1.45% Aaa/AA+/AA+ 4389 3133E1,11,1 FFCB 3.625 05/12/2027 Federal Farm Credit Bank 05/08/2023 05/12/2023 5,000,000.00 4,987,775.45 4,773,250.00 (214,525.45) 3.700 3.19 1,288 1.45% Aaa/AA+/AA+ 4392 3130AW4N7 FHLB 3.630 06/04/2027 Federal Home Loan Bank 05/16/2023 05/18/2023 5,000,000.00 5,000,000.00 4,774,500.00 (225,500.00) 3.630 3.25 1,311 1.45% Aaa/AA+/NR 4396 3133EPMV4 FFCB 4.125 06/15/2027 Federal Farm Credit Bank 06/09/2023 06/15/2023 5,000,000.00 4,999,139.72 4,849,550.00 (149,589.72) 4.130 3.25 1,322 1.45% Aaa/AA+/AA+ 4385 3134GYPF3 FHLMC 4.750 07/12/2027 Freddie Mac 04/21/2023 04/24/2023 3,300,000.00 3,295,659.78 3,213,408.00 (82,251.78) 4.791 2.34 1,349 0.96% Aaa/AA+/AA+ 4395 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/09/2023 06/13/2023 5,000,000.00 5,004,246.55 4,805,550.00 (198,696.55) 3.979 4.06 1,682 1.45% Aaa/AA+/NR 4399 - 3130AWC24 FHLB 4.000 06/09/2028 �^Federal Home Loan Bank _.. 06/26/2023 06/27/2023 5,000,000.00 4,997,441.36 4,805,550.00 (191,891.36) 4.012 4.06 1,682 1.45% Aaa/AA+/NR 4400 31422X5U2 FAMCA 5.100 08/07/2028 Farmer Mac 08/02/2023 08/07/2023 2,000,000.00 2,000,000.00 1,957,040.00 (42,960.00) 5.100 2.92 . 1,741 0.58% NR/NR/NR U.S.Agencies 178,525,000.00 178,194,216.85 169,069,305.25 (9,124,911.60) , - 51.64% 4355 67066GAL8 NVDA 0.584 06/14/2024 Nvidia 01/20/2022 01/24/2022 5,000,000.00 4,979,735.52 4,847,600.00 (132,135.52) 1.250 0.60 226 1.44% A1/A+/ - 4325 91159HHX1 USB 2.400 07/30/2024 US Bank 04/28/2021 04/30/2021 3,809,000.00 3,860,318.62 3,702,576.54 (157,742.08) 0.528 0.72 272 1.12% A3/A/A 4343 14913R2P1 CAT 0.600 09/13/2024 Caterpillar 11/30/2021 12/02/2021 5,000,000.00 4,983,776.62 4,788,150.00 (195,626.62) 0.980 0.84 317 1.44% A2/A/A+ 4371 459200KS9 IBM 4.000 07/27/2025 IBM 08/09/2022 08/11/2022 6,000,000.00 6,018,498.12 5,840,340.00 (178,158.12) 3.810 1.63 634 1.74% A3/A-/ 4372 931142EW9 WMT 3.900 09/09/2025 Walmart 09/20/2022 09/22/2022 5,000,000.00 4,978,338.52 4,884,400.00 (93,938.52) 4.150 1.75 678 1.44% Aa2/AA/AA 4382 717081DV2 PFE 2.750 06/03/2026 Pfizer Inc 01/13/2023 01/18/2023 5,000,000.00 4,833,390.62 4,684,450.00 (148,940.62) 4.142 2.41 945 1.40% A1/A+/A 4375 _110122CN6 BMY__ 3.200 _06/15/2026 Bristol-Myers Squibb 11/14/2022 11/16/2022 _ 5,000,000.00_ 4,846,426.07 4,738,000.00 (108,426.07) 4.480 2.41_ 957_ 1.40% A2/A+/ 4390 931142EM1 WMT 3.050 07/08/2026 Walmart 05/11/2023 05/15/2023 �4,257,000.00 �4,181,863.54 - 4,034,188.62 (147,674.92)� 3.752 2.48 980 - 1.21%- Aa2/AA/AA 4391 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/11/2023 05/15/2023 2,505,000.00 2,392,593.20 2,291,849.55 (100,743.65) 3.752 2.58 1,000 0.69% A1/A+/A Corporates ,. 41,571,000.00 41,074,940.83 . 39,811,554.71 (1,263,386.12) 11.90% - Bond Holdings • 313,096,000.00 ° 311,853,986.77 296,567,229.96 - (15;286,756.81) -_ - , 90.37% .- Report Run Date: Jan 19,2024 27 66 ' "g-g'"' Cash/Money Market/LGIP Activity Report zr3Isto 1 . •.�..,, x City of Huntington Beach Portfolio:CITY eF,o'N Reporting Date:10/31/2023 Cash/Money Market Account Activity Accounting ID Description Activity Date Transaction Type Transaction Amount 003 California Asset Management Program 10/02/2023 Interest Received $164,269.68 Activity Total $164,269.68 n.a.u,_— .,,,�.,.,„ �..u. •.�......e,...,�.mwa..o.., .wa a...w. 104 First American Treasury Obligations 10/26/2023 Deposit $96,875.00 _104_ First American Treasury Obligations 10/25/2023 Deposit $4,000,000.00 104 First American Treasury Obligations 10/27/2023 Withdrawal ($4,096,875.00) 104 First American Treasury Obligations 10/19/2023 Deposit $3,000,000.00 104 First American Treasury Obligations 10/20/2023 Withdrawal ($3,000,000.00) 104 First American Treasury Obligations 10/30/2023 Deposit $12,500.00 • 104 First American Treasury Obligations 10/31/2023 Deposit $22,500.00 Activity Total I I $35,000.00 28 67 6:.‹,.. Bond Redemption Activity Report .�;.� ...x City of Huntington Beach ,. Portfolio:CITY iiii e woe UNTY G0.1 Reporting Date:10/31/2023 ' Redemption Transactions Transaction Settlement Accounting ID Type Cusip Description Price Date Posted Date Par Value Principal Accrued Interest, Total 4300 Maturity 254687CR5 DIS 4.000 10/01/2023 100.00000 10/01/2023 10/02/2023 $2,875,000.00 $2,875,000.00 $0.00 $2,875,000.00 4377 Maturity 313384ND7 FHDN 0.000 10/19/2023 100.00000 10/19/2023 10/19/2023 $3,000,000.00 $3,000,000.00 $0.00 $3,000,000.00 Activity Total $5,875,000.00 $5,875,000.00 $0.00 $5,875,000.00 29 68 ch'u0H "s se Activity Report ington Beach TY ate:10/31/2023 Purchase Transactions Transaction Settlement Accounting ID Type Cusip Description Price Date Posted Date Par Value Principal Accrued Interest Total Activity Total 0.00 $0.00 $0.00 $0.00 30 so � 071NOrpR A; =•„ft. Bond Interest Received Activity Report City of Huntington Beach a 9 Portfolio:CITY '�F I+IFrV-- Reporting Date:10/31/2023 Bond Interest Received Accounting ID Transaction Type Cusip Description Date Posted Interest Received Purchased Interest Adjustment Net Interest 4298 Interest Income 912828YH7 T 1.500 09/30/2024 10/02/2023 $37,500.00 $37,500.00 4300 Interest Income 254687CR5 DIS 4.000 10/01/2023 10/02/2023 $57,500.00 $57,500.00 4336 Interest Income 3130AMXJ6 FHLB 0.500 09/30/2024 10/02/2023 $12,500.00 $12,500.00 4386 Interest Income 3133EPGT6 FFCB 3.875 04/26/2027 10/26/2023 $96,875.00 $96,875.00 4319 Interest Income 459058JL8 IBRD 0.50010/28/2025 10/30/2023 $12,500.00 $12,500.00 -- 4350 Interest Income 912828YM6 T 1.50010/31/2024 10/31/2023 $22,500.00 $22,500.00 Activity Total $239,375.00 $0.00 $239,375.00 31 70 o� Statement of Cash Receipts and Disbursements and Summary of Cash by Fund c -"""tom`°4� City Treasurer's Office ate ir: October 2023 Cash Receipts and Disbursements September 2023 October 2023 Receipts General Fund Property Tax $ 999,234 $ 246,426 Local Sales Tax 3,935,747 4,201,331 Public Safety Sales Tax 231,199 236,550 Transient Occupancy Tax(TOT) 1,671,484 1,689,599 Utility Users Tax(UUT) 1,693,569 2,417,455 Other Revenue 4,620,877 5,669,127 Total General Fund Revenue 13,152,111 14,460,488 Total All Other Funds Revenue 20,570,921 15,858,729 Total Receipts $ 33,723,032 $ 30,319,217 Disbursements General Fund Personnel Services (11,240,451) (11,932,469) Operating Expenses (3,259,040) (5,094,618) Capital Expenditures - - Non-Operating Expenses (3,831,000) (65,934) Total General Fund Disbursements (18,330,491) (17,093,021) Total All Other Funds Disbursements (26,126,206) (15,791,321) Total Disbursements (44,456,698) (32,884,342) Net Change in Cash Flow $ (10,733,666) $ (2,565,125) Summary of Cash by Fund September 2023 October 2023 General Fund $ 101,259,457 $ 98,626,924 General Fund Other 5,505,002 5,359,882 Capital Projects Funds 53,962,133 51,813,430 Debt Service Funds 27,479,838 27,329,640 Enterprise Funds 71,643,848 73,838,860 Trust and Agency Funds 10,245,364 11,074,223 Internal Service Funds 38,950,294 37,645,916 Special Revenue Funds 44,304,899 45,096,836 General Ledger Cash Balances * $ 353,350,836 $ 350,785,712 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. 32 71 �•/r//'i. .... /j '` \\%1IlN G In • inik-lw • a�P o��rep�4R•.. quarterly • -,_ r -�. - .:�,,,»- --�- ••. -7 � Investment .- tt r„l;�lrt ,� , . i Ili Ul ter._=� A' , _ . 1 R e P or '9 ' !�10/% ''``• • v y N •. : °4" Q ° Alisa Backstrom , MBA, CCMT, CPFIF` . :0.'04771 190�1 ..• Co; flI " Vc, Elected City Treasurer T.. // Quarter Ended : December 31 , 2023 ••,,•,idr r/ 72 INTEREST RATES - US TREASURY YIELD CURVE DECEMBER 31 , 2023 , -. .: ,, .. �g ,i� . 4 a : '. k Fi �< ,- r,E INVERTED YIELD CURVE •I2."i U5 TR.C-{�1��{V�R q 9RY,E 1'f31/,9 Fh�p } ,� t ... '3:_ iL T {{t JJ< �7 "•2"!" Y. k S" f Tad S �i%" RP:K +.�2 �y^ `t .h i .,Sala k'3 ^45 4�. %.�'+3x. 1 MO T } ffi I xr S F •x zap cad i aPi t 7 { 6 is ; z+ t 1 � { , : 1 F P 1 -M0. = 5.4% a>rx- I i s�-, sue, ''� Ea.; '. .,c. s _. . y ' ; '; 2-YR = 4.25% i # .` 53 i -YR-.r-4.25/o .11 NGT APO .'•• 4.20+ - ,�i 0 �g0 is RArF�•,,••�<� \N S • 1 o: 1 ••• �"", Fri fe=,1 3.80- \ G •• l7,1909 • ••�c 0 =‹`i; • k\,0 — UUNTY t iif 1M 3M 6M 1Y 2Y 3Y 4Y SY 6Y 7Y 8Y 4Y 10Y 15Y 20Y 30Y Tenor ��iiw..- 73 INVESTMENT PORTFOLIO - SUMMARY QUARTER END 12/31 /23 ($ in millions)InvestmentValue ' - ....Type Market Book value --- ' - --- - $ 177.1 $ 182.7 U.S. Agencies U.S. Treasuries $ 72.7 $ 70.3 Corporate Bonds $ 49.9 $ 50.5 ..,,,,,,.......... .. $ 31 .9 $ 34.4 , 6 #,.\:..*Ti7INGt.0'.' # * ..... * 40 4. ..... ..... CAMP Investment Pool $ 31 .0 $ 33.... Su pranational Bonds $ 1 .2 i,..,:,.:"--,,,iiswiikthe.„7:_:,,,, ;.7Et s $ 1 .2 .. 0 Cash / Money $ 364. ,4.,,,,,,6)<<•6,••• ..•........ ...... Market $3 3.4 ... ot/NTN # TOTAL ., ,17 .... ie_79._z.,_._v‘. ...< 4 .0, ...%100.0.411,04" ,1 74 INVESTMENT PORTFOLIO - INVESTMENTS BY TYPE QUARTER END 12/31 /23 49% 19% - 13% 9% 9% 1% ‘,‘ -\ O"'' ` 'I •-1�C fp •••o-� \ • , • • • • • • • • • • • • • • • • • • • .•.•-•.•-•- . . . .•. •.• • • Tr :' a:: :.. . : : : \ ;Y am07 U,Sb Agenc. es. U.S eas ries . Corporate.Bonds n d v ~+P •0 I \ V p 17,1909, • C- I 0 C .••. Supra. ation:al .: :CAMS . . . ... Cas.h.I . Loney Market . ,,� 75 INVESTMENT PORTFOLIO - BY MATURITY QUARTER END 12/31 /23 Maturity Distribution 4-5Yr/ \CASH 7.07% � � 8.86% 3-4Yr ° •10.05% ``�� 0-1Yr 20.08% ; ifr %T NETj �2-3Yr ," k '' - \\ l ��� � owPORnrF•. 6>� _,�� o24.79% A G —. b ' /21.14% '`T' *.. -- —• y \, (O r1 (.°LINTY :j' Book Value 96 of Portfolio a" 0--01'. 76 INVESTMENT PORTFOLIO - SELECTED ACTIVITY QUARTER END 12/31 /23 U.S. Agencies $4,5MM Purchases $3MM Maturities U.S. $5MM Purchases Treasuries Corporate $I OMM Purchases Bonds $2.9MM Maturities �iwNTINGT� . $/ o` 0•\NCORPORAre''�,,• df Supranationals $10MM Purchases Total Purchases: $29.5 million Total Maturities: $5.9 million -_ dNTY0* , 77 INVESTMENT PORTFOLIO — EARNINGS QUARTER END 12/31 /23 Current Month . n . • $767,581 'Up 66% Fiscal Year-to . . • $4,581 ,569 tUp 105% - 'Monthly Effect veeAnnual Return: • 2.56 % 00 ,� .%yAII G). ••' c,ORP R ••• \� U ATfp''..d'_ m 1l --- '.FYTD Effective Annual Return: ; `- .- A - .,„,02 :FB:% ,90%,v°:-- �-• • _•. i OUNT\ �'11# 78 INVESTMENT PORTFOLIO - SELECTED COMPLIANCE QUARTER END 12/31 /23 MAXIMUM INVESTMENT MAXI MUM SPECIFIED %OF MINIMUM QUALITY IN PORTFOLIO' TYPE MATURITY MAXIMUM PER REQUIREMENTS COMPLIANCE? . ' ISSUER U.S.Treasuries 5 years None None YES U.S.Agencies 5 years None None YES Supranationals 5 years 30% "AA" Rating Category YES Corporate Bonds 5 years 30%t10% "A"Rating Category YES Money Market 60 d AAA Rating 4„„„.............„ ays 15%110% Mutual Funds Category YES F .0 RRRRRRRR'".. CA Asset 10 ., ...- \,.\c, ea I *. Management NIA Up to$75,000,000 None _ ._...,-, . A Program (CAMP) YES +‘ : -------- ,---.. -, _- c, ...-...-.3---- -.7? -. -;,..„.",<T)0_,.." „---: Maximum Maturities No more than 50%of portfolio maturing over 4 years. YES ‘r*\-/---;-.9. -------- -...e. ,* a(Sc- r , ,....,...6)e„'............................ ' "...6°UNTN tre'll ...t."........:,....."-79 • ax p Questions . ,..,..„u, =..1 1 1 '7;!--,"--4.--'1'ir iiiiiirl DT -1)111,1'''''gf,it iiiii;\ - . :--.. , . , -,1,:,-.11,111, 4 i t-11.1 1 1 f 1 . , 1 -.°.04' r1. -7.---'1;,:--;',-;;.1,-,1.,- ' "--",.' ' V17 '4 5 -' cam, -t - /. tea.. :y " R _ 'r`'- '- tom .. " Y I' ,"'.. 1 1 d .fie q't-'.3�,a` ,), 6 ,.Y/*'• a +_ •4s J r �_ .,y- ten.,L ;' , ' ,i • ± �.d Y,� " 80 2000 Main Street, of . °tip Huntington Beach,CA n ti 92648 City of Huntington' Beach ytii a^ 4 �=1 • �OUNTV CP File #: 23-980 MEETING DATE: 11/21/2023 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 September 2023 Quarterly Investment Summary Report Statement of Issue: Receive and File the City Treasurer's Quarterly Report for September 2023, 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 September 2023, 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 Report of September 2023 2. Treasurer's PowerPoint Presentation for September 2023 City of Huntington Beach Page 1 of 1 Printed on 11/15/2023 powered by LegistarTM r • • , :- -�. 11444 HUNTINGTON LEACH " r � } ^ Cit of Huntington Beach Y p QuarterlyInvestment Re ort September 2023 oi,AN-TIN G l I, �( • •••oRPOR47 •, /'I O'• - o 00 • . • V : _ r x • • • r • %\�9:,irk.:-- ' i; , ' C a%.......... .. 1909. •.• /r .e••eeoeo•• 1 °OUNTY CP f ,o Prepared by: Alisa Backstrom, MBA, CCMT, CPFIM City Treasurer Colin Stevens, MPP Treasury Manager 1 i�h + �+ .c � rt HUNTINGTON BEACH INVESTMENT PORTFOLIO SUMMARY As of September 30, 2023 Portfolio rinve5tments Book Value%of r. Baokreld Par Value Sook Value' :.,y MarketValue Days,to Nfaturity° Port Contnbut191 . Local Govt.lnv Pools -GIP)`` $33,027,683.32 $33,027,683 32 9.42% $33,027,b83.32 0.52% 1 US Treasures $68,000 000.00 $67,744,349.35 19 32% $64;323,940:00 0.35% 604 Supranational $25,000,000.00 $24,831,076.11 7.08% $23,223,900.00 0.10% 862 tJ S'Agenaes $181,525,000.00 $181172,203.31 51.66%. $371,881,822.75 1.19% 784 Corporates $44,446,000.00 $43,935,300.54 1253% $42,654,140.07 0.38% 635 Total 351998;683 32 $350 710 612 b3 100.40% $335,111486.14 :., 2.54% 667'. Currently, funds within this portfolio with overnight availability are invested in the California Asset Management Program "CAMP". The CAMP account is considered a "Local Government Investment Pool" or "LGIP" for reporting purposes above. Other funds are invested in U.S. Treasuries, Supranationals (International Bank of Reconstruction and Development "IBRD", Inter-American Development Bank "IADB"), U.S. Agencies, and corporate bonds. Only the investment types allowed under California Government code Section 53601 and the City's Investment Policy Statement are utilized. The Federal Reserve Open Market Committee ("FOMC" or "the Fed") continued to raise the federal funds rate throughout 2023. Over the last year, the Fed has significantly moved the target rate off the 0% level that it had maintained for two years, with the central bank raising rates eleven times since March 2022 in an effort to combat inflation. At the most recent September 2023 meeting, the FOMC maintained the federal funds rate at 5.25 to 5.50 percent. As interest rates rise, the market value of securities previously purchased with interest rates lower than current market rates, goes down. This has resulted in the current market value of the portfolio being lower than the book value, at $335.1 million versus $350.7 million, respectively. As investments are primarily held to maturity, the market value is only apoint-in-time measurement and no loss is realized. The increasing interest rates will allow excess funds to be invested at higher rates resulting in increased interest income in the future. 2 • Pma HUNTINGTON BEACH r � Q�* PORTFOLIO BREAKOUT BY SECTOR As of September 30, 2023 Sector Breakdown. Corporates Local Govt Inv P Pools(LGIP) 12.53% 9.42% ° U.S. • Treasuries 19.32% t ;. Supranational 7.98% • U.S. Agencies 51.66% Book Value% of Port The largest holding by security type at month-end was U.S. Agency securities at approximately 52% of the total overall portfolio. This was followed by U.S. Treasury securities at approximately 19% of the total portfolio as of September 30, 2023. INVESTMENT PORTFOLIO EARNINGS As of September 30, 2023 Period;Earnings Summary(30 Days) FiscaFYTD Summary(9.2 Day_s)_ Net PeriodEarnmes, $740.048.71 Net Period Eaenings, $2,355,368.85 Last,FY Period NetEarnin gs $362,968.85 Last FY Period NetEarnirgs' $951,588.71 Avg Daily Book Balance` . $352,304,246.00 Avg Daily Book Balance_ $362,012,587:24 Net Effective Annual Return, 2.593% Net Effective A intial Return 2.614% 3 a r t 6� r w„ ✓ ^s,-d `"'a 4� ^a .r" • ,9 erg ' Earnings for the month of September 2023 were $740,049, an increase of approximately 77% from the same month in the prior year. Fiscal year to date earnings of$2,355,369 were up approximately 147% from the previous fiscal year. These higher earnings were due to both the increase in interest rates and the higher average balance of the portfolio. The effective rate of return for September was 2.59%, with a fiscal year-to-date return of 2.61%. 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 through 2022 into 2023. At the end of September, the 12-month moving average of the interpolated 1.5-year U.S. Treasury was 4.71%. The portfolio will lag behind the benchmark, as it will take time for previously purchased securities to mature and for funds to be reinvested. QUARTERLY PORTFOLIO ACTIVITY July 1 to September 30, 2023 $ in 000s TransactCType. Security Type ' Purchase n e � `_Maiurity/Sale= U.S. Treasuries $0 $15,000 Supranationals $5,000 $9,000 U.S. Agencies $2,000 $10,000 Corporate Bonds $0 $2,000 (TOTALS: As the Federal Reserve continued to raise rates throughout the year, available funds were invested into higher yielding options. For the quarter ending September 30, 2023, one U.S. Agency was purchased (FAMCA) totaling $2.0 million and one Supranational (IADB) was purchased totaling 5.0 million. Three U.S. Treasuries matured for $15 million, Two Supranationals matured for$9 million, two U.S. Agencies for $10 million matured, and $2 million in Corporate Bonds matured. 4 J. - 444 �.:4. � + 0.0 rem P, [ 13 ,..4 .. . .. .. . :, . . .. ... .. . ... .. , „7.,.... .,..1,...:.. . .< _.,_ _t,_,,„ UUN1U 6TUA BEACN � M , COMPLIANCE SUMMARY As of September 30, 2023 o MAXIM/CUM SPECIFIED"la �= INVESTMENT 'e. MINIMUM,QUALITY ' IN MAXIMUM MATURITY' OF PORTFOLI01' ' nREQUIREMENTS,• COMPLIANCE TYPE MAXItNUM 04J1sSUER . U.S.Treasuries 5=years None, None YES U.S.Agencies 5 years None. None YES Supranationals 5.years 30% ®AA®Rating Category YES Corporate Bonds 5 years 30%Ii0%c -A-Rating Category YES CA Asset Management N/A 'Up to$75,000,000 None Program(CAMP) YES' Maiiirnuni`Maturities. No more than 50%of portfolio maturing over years. YES There were no compliance issues during this period. ECONOMIC AND MARKET OVERVIEW MARKET SUMMARY: JUNE 30, 2023 - SEPTEMBER 29, 2023 Fed Funds 2-Yr.. 10-Yr. As of Rate Treasury Treasury S&P 500 DJ IA 6/30/2023 5.00=5.25% 4.87% 3.81% $i 4,450.88 $ 84,407.60 912912023 5.25-5.50% 5.03%, 4.59% $ 4,288.05 $ 33,50 7.50 %Change 4.76% 3.29% 20:47% -3.65%: -2.62%0 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 recent indicators suggest that economic activity has been expanding at a solid pace. In determining the extent of additional policy firming that may be appropriate to return inflation to 2 percent over time, the Committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments. 5 F }a 6, '� ,r "` ,' ` ( . x .P' z. ,Ee `�" a HHUNTINGIBN BEACH +�„ w a Fixed Income / Equity Markets: The yield on the 10-year U.S. Treasury finished the quarter at 4.59%, up from 3.81% at the end of June. The S&P 500 decreased by 3.65% while the DJIA decreased by 2.62% respectively, over the same period. Employment: Total nonfarm payroll employment rose by 336,000 in September, and the unemployment rate was little changed at 3.8 percent. Notable job gains occurred in leisure and hospitality, government, health care, professional, scientific, technical services, and social assistance. 6 ,r;,o�aYiricro Portfolio Summary ° E;., , ._ '�6F City of Huntington Beach , x�'vy Portfolio:CITY Reporting Date:(FY2024) -Pf;:L w ca�\11 09/01/2023-09/30/2023. " , Full Accrual Basis_, ° e Par Value Period Earnings Summary(30 Days) Fiscal YTD.Summary(92 Days) Period Transactions °m.. = ° - ' ...r Net.Period•Earnings $740,048.71 Net Period Earnings ` ° $2,355,368.85 Redemptions 1 ' Total Par Value $351,998,683.32 " Last FY Period Net Earnings $362,968.85 Last FY Period Net Earnings $951,588.71 Purchases ` 1 Avg Daily Book Balance $352,304,246.00 Avg Daily Book Balance $362,012,587.24 . , Total Activity 2 Net Effective Annual Return 2.593% Net Effective Annual Return 2.614% ., cal Y Fiscal Transactions Redemptions 8 Purchases . 2 Book Value Total Activity` 10 a Total Book Value _ $350,y10,612.62 �-° ° - -�_ ..a - .._. ,�. City Portfolio Certification._ I certify that this report and the corresponding pages attached accurately reflect all portfolio combined investments and conforms with all California state statutes and the Huntington Beach investment policy filed on January 17,2023.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations.Market values are provided by US Bank via Interactive Data Corp(IDC) The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes.This period,that rate is equal to:4.710% E City Treasurer 09/30/2023 Alisa Backstrom Title Date 'Portf olio Investments. Market Value Book Value%of ° Book Yield Par Value` Book Value° Market Value • Daysto'Maturity Port - _ . Contribution,, Total Market Value $335,111,486.14 Local Govt Inv Pools(LGIP) $33,027,683.32 $33,027,683.32 9.42% $33,027,683.32 0.52% 1 w U.S.Treasuries $68,000,000.00 $67,744,349.35 19.32% $64,323,940.00 0.35% 604 Supranational ° $25,000,000.00 $24,831,076.10 7.08% $23,223,900.00 0.10% 862 U.S.Agencies` $181,525,000.00 $181,172,203.31 51.66% $171,881,822.75 1.19% 784 Corporates- $44,446,000.00 $43,935,300.54 12.53% $42,654,140.07 0.38% 635 Total $351,998,683.32 $350,710,612.62 100.00% ' $335,111,486.14 ' 2.54% 662 7 i "�? Portfolio Composition Report • ,' _9_1=1 City of Huntington Beach r - a Portfolio:CITY 'mac 3-. 0 Reporting Date:•09/30/2023 • • • • Total Cash&Investments Portfolio.Composition'Report " • ' P 'Book Value% ."'' ,Book Yield' Days to EffDur ' Par Value, Par Value Book Value Market Value Book Yield - °._ - °°, " Contribution.° of Contribution Maturity Total Par Value $351,998,683.32 Local Govt Inv Pools(LGIP) • $33,027,683.32 $33,027,683.32 $33,027,683.32 9.42% 5.55% 0.52% 1 U.S.Treasuries $68,000,000.00 $67,744,349.35 $64,323,940.00 19.32% 1.79% 0.35% 604 0.30 Supranational $25,000,000.00 $24,831,076.11 $23,223,900.00 7.08% 1.38% 0.10% 862 0.15 U.S.Agencies . $181,525,000.00 $181,172,203.31 $171,881,822.75 51.66% 2.30% 1.19% 784 1.01 Book Value Corporates $44,446,000.00 $43,935,300.54 $42,654,140.07 12.53% 3.06% 0.38% 635 0.21 , ram v,_ x,,_. _° Total,. $351,998,683.32 $350,710,612.63 $335,111,486.14 _ 100.00% 2.54% 662 1.67 Total Book Value;• $350,710,612.63 Market Value °Total Market Value $335,111,486.14 Gain/Loss Est. $($15599,126.49) 8 • Reporting Period: Cash By Fund Report Portfolio:CITY 09/30/2023 City of Huntington Beach Accounting ID Ticker _ --Pool Description Type Par Value Book Value Market Value n Rate %,of Portfolio - ° ,Rating 003 CAMP California Asset Management Program LGIP 33,027,683.32 33,027,683.32 33,027,683.32 5.55 9.42% NR CITYFund Total a 3 . . 3,027,683.32 33,027,683.32T. • ` 33027;683.32 9.42% • Reporting Period: Securities By Sector Report Portfolio:CITY 09/30/2023 City of Huntington Beach Settlement Book Effective 'Days to (%J of Moodys Accounting ID ! Cusip Ticker Coupon .Maturity Date Short Description Trade Date Par Value Book Value Market Value Date Yield' _ Duration Maturity 'Portfolio Rating • 4364 9128286Z8 T 1.750 06/30/2024 U.S.Treasury Note 04/29/2022 05/02/2022 7,000,000.00 6,950,483.33 6,808,620.00 2.730 0.73 273 1.98% Aaa 4370 912828XX3 T 2.000 06/30/2024 U.S.Treasury Note 05/26/2022 05/27/2022 5,000,000.00 4,983,272.06 4,872,850.00 2.462 0.73 273 1.42% Aaa 4353 912828Y87 T 1.750 07/31/2024 U.S.Treasury Note 01/13/2022 01/14/2022 5,000,000.00 5,029,614.64 4,849,050.00 1.028 0.81 304 1.43% Aaa 4358 912828Y87 T 1.750 07/31/2024 U.S.Treasury Note 02/10/2022 02/11/2022 4,000,000.00 4,005,034.05 3,879,240.00 1.595 0.81 304 1.14% Aaa 4361 912828D56 T 2.375 08/15/2024 U.S.Treasury Note 03/21/2022 03/22/2022 5,000,000.00 5,005,683.44 4,867,800.00 2.240 0.85 319 1.43% Aaa 4298 912828YH7 T 1.500 09/30/2024 U.S.Treasury Note 12/04/2019 12/05/2019 5,000,000.00 4,995,440.09 4,810,150.00 1.595 0.97 365 1.42% Aaa 4350 912828YM6 T 1.500 10/31/2024 U.S.Treasury Note 12/30/2021 12/31/2021 3,000,000.00 3,018,560.35 2,877,180.00 0.920 1.05 396 0.86% Aaa 4376 91282CEU1 T 2.875 06/15/2025 U.S.Treasury Note 11/17/2022 11/18/2022 3,000,000.00 2,932,735.88 2,888,190.00 4.276 1.62 623 0.84% Aaa 4330 91282CAB7 T 0.250 07/31/2025 U.S.Treasury Note 05/18/2021 05/19/2021 5,000,000.00 4,967,029.73 4,578,150.00 0.615 1.78 669 1.42% Aaa -4340 91282CAJ0 T 0.250 08/31/2025 U.S.Treasury Note 09/23/2021 09/27/2021 5,000,000.00 4,954,236.40 4,562,300.00 0.735 1.86 700 1.41% Aaa 4351 * 9128284Z0 T 2.750 08/31/2025 U.S.Treasury Note 12/30/2021 12/31/2021 5,000,000.00 5,154,115.01 4,786,550.00 mm 1.103 1.83 700 1.47% Aaa 4341 91282CCP4 T 0.625 07/31/2026 U.S.Treasury Note 09/30/2021 09/30/2021 5,000,000.00 4,955,118.89 4,450,200.00 0.950 2.73 1,034 1.41%_ Aaa 4339 91282CCW9 T 0.750 08/31/2026 U.S.Treasury Note 09/23/2021 09/23/2021 1,000,000.00 996,012.90 890,510.00 0.890 2.81 1,065 0.28% Aaa '4342 91282CCW9 T 0.750 08/31/2026 U.S.Treasury Note 11/22/2021 11/23/2021 5,000,000.00 4,924,534.48 4,452,550.00 1.285 2.81 1,065 1.40% Aaa 4379 91282CEW7 T 3.250 06/30/2027 U.S.Treasury Note 12/28/2022 12/29/2022 5,000,000.00 4,872,478.10 4,750,600.00 4.000 3.43 1,368 1.39% Aaa U.S.Treasuries - • = ' 68,000,000.00 " 67,744,349.35 64,323,940.00 19.32% ' 4323 459056HV2 IBRD 1.500 _ 08/28/2024 Int'l Bank for Recon and Dev 04/21/2021 04/23/2021 5,000,000.00 5,048,412.28 4,817,650.00 0.425 0.88 332 1.44% Aaa 4338 459058JE4 IBRD 0.376 07/28/2025 Intl Bank for Recon and Dev 07/28/2021 07/30/2021 5,000,000.00 4,981,267.73 4,581,200.00 0.583_ 1.77 666 1.42% Aaa 4319 459058JL8 IBRD 0.500 10/28/2025 Intl Bank for Recon and Dev 01/08/2021 _01/12/2021 5,000,000.00 _ 4,998,809.82 4,550,300.00 0.512 2.01 758 1.43% Aaa 4324 45906M2L4 IBRD 0.650 02/24/2026 Intl Bank for Recon and Dev 04/28/2021 04/30/2021 5,000,000.00 4,974,219.49 4,480,750.00 0.870 2.32 877 1.42% Aaa 4401 45818WEQ5 IADB 3.800 06/09/2028 Inter American Development Bank 09/19/2023 09/21/2023 5 000 000.00 4 828 366 78 4,794,00D 00 4.622 416 1,713 138% Aaa o Supranational - - i25,000,000.00 24,831,076.10 `, 23,223,900.00 7 084"• 4377 313384ND7 FHDN 0.000 10/19/2023 Federal Home Loan Bank DN 12/02/2022 12/05/2022 3,000,000.00 2,993,092.50 2,992,740.00 4.817 0.05 18 0.85% P-1 4387 3130AUXN9 FHLB 5.000 02/15/2024 Federal Home Loan Bank 04/24/2023 04/25/2023 3,000,000.00 3,000,734.69 2,993,040.00 4.923 0.37 137 0.86% Aaa 4292 3133ECHX5 FFCB 2.260 03/13/2024 Federal Farm Credit Bank 05/22/2019 05/23/2019 5,000,000.00 5,000,505.66 4,929,900.00 2.236 0.44 164 1.43% Aaa 4378 3130ATVC8 FHLB 4.875 06/14/2024 Federal Home Loan Bank 12/27/2022 12/28/2022 5,000,000.00 5,004,208.65 4,970,250.00 4.740 0.67 257 1.43% Aaa 4348 3130AQD42 FHLB 0.920 06/28/2024 Federal Home Loan Bank 12/14/2021 12/28/2021 5,000,000.00 5,000,000.00 4,830,400.00 0.920 0.72 271 1.43% Aaa 4380 3134GYCP5 FHLMC 5.000 07/23/2024 Federal Home Loan Mortgage 01/05/2023 01/23/2023 5,000,000.00 5,000,000.00 4,975,700.00 5.000 0.75 296 1.43% Aaa 4344 3130AQ3C5 FHLB 1.000 08/28/2024 Federal Home Loan Bank 12/01/2021 12/02/2021 4,000,000.00 4,000,000.00 3,837,960.00 1.000 0.88 332 1.14% Aaa 4373 3133XV0G3 FHLB 4.375 09/13/2024 Federal Home Loan Bank 09/22/2022 09/23/2022 5,000,000.00 5,006,045.21 4,948,500.00 4.240 0.92 348 1.43% Aaa 4336 3130AMXJ6 FHLB 0.500 09/30/2024 Federal Home Loan Bank 06/17/2021 06/30/2021 5,000,000.00 5,000,000.00 4,754,550.00 0.500 0.97 365 143,E Aaa 4346 3130AQD59 FHLB 1.000 09/30/2024 Federal Home Loan Bank 12/14/2021 12/30/2021 5,000,000.00 5,000,000.00 4,778,600.00 1.000 0.97 365 143% Aaa 4349 3130AQD59 FHLB 1.000 09/30/2024 Federal Home Loan Bank 12/22/2021 12/30/2021 5,000,000.00 5,000,000.00 4,778,600 00 1.000 0 97 365 143E Aaa 4334 3130AMW65 FHLB 0.500 12/30/2024 Federal Home Loan Bank 06/15/2021 06/30/2021 5,000,000.00 5,000,000.00 4,699,600.00 0.500 1.21 456 1.43% Aaa 4332 3130AMQ62 FHLB 0.625 03/14/2025 Federal Home Loan Bank 05/26/2021 06/14/2021 _ 5,000,000.00 5,000,000.00 4,662,750.00 0.625 1.41 530 1.43% Aaa 4397 3130AWER7 FHLB 4.625 06/06/2025 Federal Home Loan Bank 06/14/2023 06/15/2023 3,000,000.00 2,998,391.77 2,975,310.00 4.659 1.57 614 0.85% Aaa 4329 3135G04Z3 FNMA 0.500 06/17/2025 Federal National Mortgage Assoc 05/13/2021 05/14/2021 5,000,000.00 _ 4,989,189.68 4,623,000.00 0.628 1.66 625 1.42% Aaa 4381 3135G04Z3 FNMA 0.500 06/17/2025 Federal National Mortgage Assoc 01/12/2023 01/13/2023 5,000,000.00 4,716,315.79 4,623,000.00 4.013 1.66 625 1.34% Aaa 4345 3130AQ5S8 FHLB 1.250 06/30/2025 Federal Home Loan Bank 12/08/2021 12/30/2021 4,650,000.00 4,650,000.00 4,333,474.50 1.250 1.68 638 1.33% Aaa 4327 3130AMDL3 FHLB 0.800 07/25/2025 Federal Home Loan Bank 05/11/2021 05/25/2021 5,000,000.00 5,000,000.00 4,610,900.00 0.800 1.75 663 1.43% Aaa 4360 3130AQT94 FHLB 1.600 08/28/2025 Federal Home Loan Bank 03/03/2022 03/04/2022 4,575,000.00 4,556,828.60 4,287,095.25 mm 1.816 1.84 697 1.30% Aaa 4331 3130AMQ54 FHLB 0.700 09/16/2025 Federal Home Loan Bank 05/26/2021 06/16/2021 5,000,000.00 5,000,000.00 4,579,100.00 0.700 1.90 716 1.43% Aaa 4318 3135GA2Z3 FNMA 0.560 11/17/2025 Federal National Mortgage Assoc 01/08/2021 01/11/2021 3,000,000.00 3,001,447.77 2,716,860.00 0.500 2.06 778 0.86% Aaa 4320 3130AKN36 FHLB 0.525 01/15/2026 Federal Home Loan Bank 01/14/2021 01/15/2021 5,000,000.00 4,997,711.11 4,493,850.00 0.545 2.22 837 1.43% Aaa 4321 3130AKN85 FHLB 0.550 01/20/2026 Federal Home Loan Bank 01/14/2021 01/20/2021 5,000,000.00 4,998,848.61 4,493,900.00 0.560 2.23 842 1.43% Aaa 4322 3130AKUS3 FHLB 0.500 01/28/2026 Federal Home Loan Bank 01/26/2021 01/28/2021 5,000,000.00 5,000,000.00 4,484,550.00 0.500 2.25 850 1.43% Aaa 4333 3130ALEY6 FHLB 0.800 03/04/2026 Federal Home Loan Bank _ 06/09/2021 06/10/2021 5,000,000.00 5,000,000.00 4,499,850.00 0.800 2.34 885 1.43% Aaa 4328 3130AMJN3 FHLB - 1.030 05/26/2026 Federal Home Loan Bank 05/12/2021 05/26/2021 5,000,000.00 5,000,000.00 4,494,000.00 1.030 2.54 968 1.43% Aaa 10 Reporting Period: Securities By Sector Report Portfolio:CITY 09/30/2023 City of Huntington Beach Settlement Book 'Effective Days to (%)of = Mood s Accounting ID. Cusip ° Ticker Coupon Maturity Date =, = Short Description Trade Date Par Value Book Value; •Market Value •Date Yield Duration 'Maturity Portfolio' Rating 4335 3130AMFS6 FHLB 0.750 06/12/2026 Federal Home Loan Bank 06/16/2021 06/17/2021 5,000,000.00 4,983,771.59 4,479,300.00 0.873 2.60 985 1.42% Aaa 4388 3130AVW57 FHLB 3.750 06/12/2026 Federal Home Loan Bank 05/08/2023 05/09/2023 3,000,000.00 2,996,362.02 2,912,160.00 3.796 2.48 985 0.85% Aaa 4398 3133EPNG6 FFCB 4.375 06/23/2026 Federal Farm Credit Bank 06/22/2023 06/23/2023 3,000,000.00 2,998,772.50 2,960,640.00 4.391 2.50 996 0.86% Aaa 4347 3130AQ7E7 FHLB 1.500 06/30/2026 Federal Home Loan Bank 12/14/2021 12/30/2021 5,000,000.00 5,001,220.99 4,535,600.00 1.339 2.61 1,003 1.43% Aaa 4384 3130AUMC5 FHLB 3.750 07/20/2026 Federal Home Loan Bank 01/17/2023 01/19/2023 5,000,000.00 5,000,000.00 4,844,850.00 3.750 2.59 1,023 1.43% Aaa �T 4356 3130AQS79 FHLB 1.375 08/07/2026 Federal Home Loan Bank 01/27/2022 02/07/2022 -5,000,000.00 5,000,000.00 5,000,000.60 4,584,200.00 1.375 2.70 1,041 1.43% Aaa 4386 3133EPGT6 FFCB 3.875 04/26/2027 Federal Farm Credit Bank 04/21/2023 04/26/2023 5,000,000.00 4,994,868.92 4,840,850.00 3.906 3.22 1,303 1.42% Aaa 4389 3133EPJP1 FFCB 3.625 05/12/2027 Federal Farm Credit Bank -05/08/2023 05/12/2023 5,000,000.00 4,987,486.91 mm 4,798,500.00 3.700 3.27 1,319 1.42% Aaa 4392 3130AW4N7 FHLB 3.630 06/04/2027 Federal Home Loan Bank 05/16/2023 65/18/2023 5,000,000.00 5,000,000.00 4,801,350.00 3.630 3.34 1,342 1.43% Aaa _ 4396 3133EPMV4 FFCB_ 4.125 06/15/2027 Federal Farm Credit Bank 06/09/2023 06/15/2023 5,000,000.00 4,999,119.93 4,878,800.00 4.130 3.34 _1,353 1.43% Aaa 4385 3134GYPF3 _FHLMC 4.750 07/12/2027 Federal Home Loan Mortgage 04/21/2023 04/24/2023 3,300,000.00 3,295,561.96 3,209,613.00 4.791 2.39 1,380 0.94%� Aaa 4395 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/09/2023 06/13/2023 ___5,000,000.00 5,004,323.39 4,855,900.00 3.979 4.15 1,713 1.43% Aaa 4399 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/26/2023 06/27/2023 5,000,000.00 4,997,395.06 4,855,90000 4.012 4.15 1,713 142% Aaa 4400 31422X5U2 FAMCA 5.100 08/07/2028 Federal gCorp Agricultural Mtge Cor 08/02/2023 08/07/2023 2,000,000.00 2,000,000.00 1,956,680.00 5.100 2.98 1,772 0.57% NR U.S.Agencies " - 181,525,006.00 181,172,203.31 171,881,822.75 _ 51.66% 4300 254687CR5 DIS 4.000 _10/01/2023 Disney 12/12/2019 12/16/2019 2,875,000.00 2,875,000.00 2,875,000.00 4.000 0.00 0 0.82% A2 4355 67066GAL8 NVDA : 0.584 66/14/2024 Nvidia 01/20/2022 01/24/2022__ 5,000,000.00 4,977,009.36 _ 4,826,750.00 1.250 0.69 257 1.42% _Al 4325 91159HHX1 USB 2.400 07/30/2024 US Bank 04/28/2021 04/30/2021 3,809,000.00 3,866,041.89 3,699,872.15 0.528 0.80 303 1.10% A3 4343 14913R2P1 CAT 0.600 09/13/2024 Caterpillar 11/30/2021 12/02/2021 5,000,000.00 4,982,216.68 _ 4,768,850.00 0.980 0.93 348 1.42% A2 4371 459200KS9 IBM 4.000 -07/27/2025 IBM 08/09/2022 08/11/2022 6,000,000.00 6,019,384.62 _ 5,842,140.00 3.810 1.71 _ 665 1.72% A3 - 4372- 931142EW9 WMT 3.900 09/09/2025 Walmart 09/20/2022 09/22/2022 5,000,000.00 4,977,365.70 4,873,950.00 4.150. 1.83 709 1.42% Aa2 - 4382 717081DV2 PFE 2.750 06/03/2026 Pfizer Inc 01/13/2023 01/18/2023 5,000,000.00 4,828,027.65 4,690,300.00 4.142 2.50 976 1.38% Al 4375 110122CN6 BMY 3.200 06/15/2026 Bristol-Myers Squibb 11/14/2022 11/16/2022 5,000,000.00 4,841,545.54 4,743,100.00 4.480 2.49 988 1.38% A2 4390 931142EM1 WMT 3.050 07/08/2026 Walmart 05/11/2023 05/15/2023 4,257,000.00 4,179,532.52 4,038,445.62 3.752 2.56 1,011 1.19% Aa2 4391 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/11/2023 05/15/2023 2,505,000.00 2,389,176.58 2,295,732.30 3.752 2.67 1,031 0.68% Al ° 7 w '= Corporates �•, '•44,446,000.00 = 43,935,300.54 42,654,140 07 `12 53%� ' -, " Holdings 318,971,000.00. `' 317,682,929.30 . - 302,083,802,82 90.58% 11 w3 ` f/i a NTIN� -., ., roy, • aQ : ap o,4 ; �, � ��,�,F� Cash/Money Market/LGIP Activity Report ,_ = City of Huntington Beach 9 . Portfolio:CITY 14- '1'1 Reporting Date:09/30/2023 Cash/Money Market Account Activity AccountingID: •_ _ Description , - Activity Date _ `t.Transaction Type n Am ount 003 California Asset Management Program 09/01/2023 Deposit $5,000,000.00 003 California Asset Management Program 09/01/2023 Interest Received $174,373.51 003 California Asset Management Program 09/07/2023 Withdrawal ($5,000,000.00) 003 California Asset Management Program 09/21/2023 Withdrawal ($3,000,000.00) Activity Total • ($2,825 626 49) ram a . 12 ��tr��NTINGTpy o�. °` ,o �, �� ;�,xF� Bond Redemption Activity Report s City of Huntington Beach Portfolio:CITY vy� k-- ,�tr °if Reporting Date:09/30/202,3 a Redemption Transactions Transaction - Settlement Accounting ID , Cusip`: Description Price D� Posted Date' Par Value Principal Accrued Interest. - - -Total Type ate ".. 4289 1 Maturity 3135G0U43 FNMA 2.875 09/12/2023 100.00000 09/12/2023 09/12/2023 $5,000,000.00 $5,000,000.00 $0.00 $5,000,000.00 Activity Total $5,000,000.00 $5,000,000.00 $0.00 $5,000,000.00 13 c.. � .. p s r • 8 xq 0°r `a� Bond Purchase Activity Report 67 i= City of Huntington Beach P' � _f Portfolio:CITY ZPcFti',iir„ :174 14 Reporting Date:09/30/2023 urchase Transactions Transaction _ - • ° Settlement AccountingID CusipDescription Price DatePosted Date° ' Par Value . Principal °: .; Accrued Interest Total Yp. P P 4401 Buy I45818WEQ5 IADB 3.800 06/09/2028 I 96.54700 09/21/2023 09/21/2023 5,000,000.00 $4,827,350.00 $53,833.33 $4,881,183.33 .. ._..____ _..._.__..L_. Activity Total 1_ ......_.._...__ [_.._____....__ ._ .__. l , 5 000 000 00 �`x $4 827 350 00 u a $53 833 33 A^0f�M $4 881,188 33 14 yet\NT I NGTny� °1 ,', e+ti�F Bond Interest Received Activity Report '= City of Huntington Beach 9 I�,� Portfolio:CITY "6�c ):-.. Reporting Date:09/30/2023 OGNiii n..s���l Bond Interest Received Accounting ID Transaction Type ' - Cusip , Description ` Date Posted • Interest Received , .Purchased Interest Adjustment Net Interest 4333 Interest Income 3130ALEY6 FHLB 0.800 03/04/2026 09/05/2023 $20,000.00 $20,000.00 • 4372 Interest Income 931142EW9 WMT 3.900 09/09/2025 09/11/2023 $97,500.00 $97,500.00 4289 Interest Income 3135G0U43 FNMA 2.875 09/12/2023 09/12/2023 $71,875.00 $71,875.00 4343 Interest Income 14913R2P1 CAT 0.600 09/13/2024 09/13/2023 $15,000.00 $15,000.00 4373 Interest Income 3133XVDG3 FHLB 4.375 09/13/2024 09/13/2023 $109,375.00 $109 375 00 4292 Interest Income 3133ECHX5 FFCB 2.260 03/13/2024 09/13/2023 $56,500.00 $56,500.00 4332 Interest Income 3130AMQ62 FHLB 0.625 03/14/2025 09/14/2023 $15,625.00 $15,625.00 4331 Interest Income 3130AMQ54 FHLB 0.700 09/16/2025 09/18/2023 $17,500.00 $17,500.00 Activity Total $403 375 00 $0 00 $403 375 00 15 TIN , „�._..� ��� Statement of Cash Receipts and Disbursements and "c Summary of Cash by Fund City Treasurer's Office ep " September 2023 Cash Receipts and Disbursements August 2023 September 2023 Receipts General Fund Property Tax $ 146,433 $ 999,234 Local Sales Tax 4,520,296 3,935,747 Public Safety Sales Tax 308,068 231,199 Transient Occupancy Tax(TOT) 2,350,278 1,671,484 Utility Users Tax(UUT) 1,677,550 1,693,569 Other Revenue 6,655,336 4,620,877 Total General Fund Revenue 15,657,960 13,152,111 Total All Other Funds Revenue 22,247,844 20,570,921 Total Receipts $ 37,905,805 $ 33,723,032 Disbursements General Fund Personnel Services (12,752,122) (11,240,451) Operating Expenses (5,655,424) (3,259,040) Capital Expenditures (32,273) - Non-Operating Expenses (2,233,505) (3,831,000) Total General Fund Disbursements (20,673,324) (18,330,491) Total All Other Funds Disbursements (26,829,196) (26,126,206) Total Disbursements (47,502,520) (44,456,698) Net Change in Cash Flow $ (9,596,716) $ (10,733,666) Summary of Cash by Fund August 2023 September 2023 General Fund $ 118,153,827 $ 112,975,447 General Fund Other 5,566,110 5,441,478 Capital Projects Funds 54,697,885 51,962,133 Debt Service Funds 27,369,618 27,369,118 Enterprise Funds 70,967,488 71,636,048 Trust and Agency Funds 6,510,311 5,653,447 Internal Service Funds 35,330,660 32,950,294 Special Revenue Funds 44,218,565 44,092,833 General Ledger Cash Balances * $ 362,814,464 $ 352,080,798 • 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. 16 1,.0 --4CTO Portfolio Summary 11,:.>:,,<*i:t1.7.:14.***4. City'of Huntington Beach ,-..te a.;,x Portfolio:CITY Reporting Date:(FY2024) N: .. \0 08/01/2023 08/31/2023 -0° , 4- Full Accru l Basis . " " Par Value Period Earnings Summery(31 Days) Fiscal YTD Summary(62 Days) Period Transactions _. = • Net Period Earnings" $760,811.63 Net Period Earnings $1,615,320.14 Redemptions 2 Total Par Value $354,824,309.81 Last FY Period Net Earnings, $251,703.44 Last FY Period Net Earnings $588,619.86 Purchases 1 Avg Daily Book Balance $361,872,606.06 Avg Daily Book Balance $366,866,757.87 _ Total Activity• 3 Net Effective Annual Return 2.511% Net Effective Annual Return 2.627% Fiscal YTD Transactions Redemptions 7 Purchases 1 , a" Book Value .Total Activity 8 Total Book Value $353,665,562.60 , , City Portfolio " _Certification I certify that this report and the corresponding pages attached accurately reflect all portfolio combined investments and conforms with all California state statutes and the Huntington Beach investment policy filed on January 17,2023.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations.Market values are provided by US Bank via Interactive Data Corp(IDC) The City Portfolio{uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes.This period,that rate is equal to:4.620% A E City Treasurer 08/31/2023 Alisa Backstrom Title Date Portfolio Investments `Market Value „ .. . , ' Book Value%of. Book Yield'. Par Value Book Value Market Value Days,:to Maturity ., -Total MarketrVelue ,. $338,858,440.94 Local Govt Inv Pools(LGIP) $35,853,309.81 $35,853,309.81 10.14% $35,853,309.81 0.56% 1 U.S.Treasuries $68,000,000.00 $67,735,644.10 19.15% $64,377,860.00 0.34% 634 Supranational,` $20,000,000.00 $20,005,351.47 5.66% $18,463,750.00 0.03% 687 U.S.Agencies $186,525,000.00 $186,146,173.90 52.63% $177,389,944.75 1.21% 792 Corporates , $44,446,000.00 $43,925,083.32 12.42% $42,773,576.38 0.36% 665 Total $354,824,309.81 $353,665,562.60 - 100.00% $338,858,440.94 2.51% 660 17 Reporting Period: Cash By Fund Report Portfolio:CITY 08/31/2023 City of Huntington Beach Accounting ID - Ticker Pool Description Type • Par Value- Book Value-. Market Value Rate %'of Portfolio Rating -• 003 CAMP California Asset Management Program LGIP 35,853,309.81 35,853,309.81 35,853,309.81 5.52 10.14% NR CITY Fund Total 35,853,309.81 " _ 35,853,309.81,. 35,853,309.81' • 10.14% • 18 Reporting Period: Securities By Structure Report Portfolio:CITY 08/31/2023 City of Huntington Beach r Settlement °Book Effective' Days to (%)of. Accounting ID • Cusip . Ticker Coupon Maturity Date Short Description Trade Date Date' Par Value ' Book Value Market Value yield • Duration Maturity Portfolio Mdy/S&P/Fitch 4364 9128286Z8 T 1.750 06/30/2024 0.83Yr-Fixed 04/29/2022 05/02/2022 7,000,000.00 6,945,041.94 6,794,410.00 2.730 0.81 303 1.96% Aaa/AA+/AAA 4370 912828XX3 T 2.000 06/30/2024 0.83Yr-Fixed 05/26/2022 05/27/2022 5,000 000.00 4,981,433.82 4,862,700.00 2.462 0.81 303 1.41% Aaa/AA+/AAA 4353 _912828Y87_ T 1.750 07/31/2024 0.91Yr-Fixed 01/13/2022 01/14/2022 5,000,000.00 5,032,537.14 4,836,700.00 1.028 0.89 334 1.42% Aaa/AA+/AAA 4358 912828Y87 T 1.750 07/31/2024 0.91Yr-Fixed 02/10/2022 02/11/2022 4,000,000.00 4,005,530.83 3,869,360.00 1.595 0.89 334 1.13% Aaa/AA+/AAA 4361 912828D56 T 2.375 08/15/2024 0.96Yr-Fixed 03/21/2022 03/22/2022 5,000,000.00 5,006,217.93 4,858,800.00 2.240 0.93 349 1.42% Aaa/AA+/AAA 4298 912828YH7 T 1.500 09/30/2024 1.08Yr-Fixed 12/04/2019 12/05/2019 5,000,000.00 4,995,065.30 4,800,800.00 1.595 1.04 395 1.41% Aaa/AA+/AAA 4350 912828YM6 T 1.500 10/31/2024 1.17Yr-Fixed 12/30/2021 12/31/2021 3,000,000.00 3,019,966.43 2,873,310.00 0.920 1.13 426 0.85% Aaa/AA+/AAA 4376 91282CEU1 T 2.875 06/15/2025 1.79Yr-Fixed 11/17/2022 11/18/2022 3,000,000.00 2,929,496.84 2,893,710.00 4.276~ 1.70 653 0.83% Aaa/AA+/AAA 4330 91282CAB7 T 0.250 07/31/2025 1.91Yr-Fixed 05/18/2021 05/19/2021 5,000,000.00 4,965,551.24 _ 4,580,300.00 0.615 1.86 699 1.40% Aaa/AA+/AAA 4340 91282CAJ0 T 0.250 08/31/2025 2.00Yr-Fixed 09/23/2021 09/27/2021 5,000,000.00 4,952,275.10 4,565,250.00 0.735 1.95 730 1.40% Aaa/AA+/AAA 4351 9128284Z0 T 2.750 08/31/2025 2.00Yr-Fixed 12/30/2021 12/31/2021 5,000,000.00 5,160,719.94 4,799,600.00 _ 1.103 1.91 730 1.46% Aaa/AA+/AAA 4341 91282CCP4 T 0.625 07/31/2026 2.91Yr-Fixed 09/30/2021 09/30/2021 5,000 000.00 4,953,816.73 4,471,300.00 0.950 2.81 1,064 1.40% Aaa/AA+/AAA 4339 91282CCW9 T 0.750 08/31/2026 _3.00Yr-Fixed 09/23/2021 09/23/2021_ 1,000,000.00 995,900.58 895,270.00 0.890 2.89 1,095_ 0.28% Aaa/AA+/AAA 4342 91282CCW9 T 0.750 08/31/2026 3.00Yr-Fixed 11/22/2021 11/23/2021 5,000,000.00 4,922,408.69 4,476,350.00 1.285 2.89 1,095 -1.39% Aaa/AA+/AAA 4379 91282CEW7 T 3.250 06/30/2027 3.83Yr-Fixed 12/28/2022 12/29/2022 5,000,000.00 4,869,681.57 4,800,000.00 4.000 3.51 1,398 1.38% Aaa/A4+/AAA _. , U.S.Treasuries 68,000,000.00 67,735,644.10 64,377,860.00. ° 19.15%• ° 4323 459056HV2 IBRD 1.500 08/28/2024 0.99Yr-Fixed 04/21/2021 04/23/2021 5,000,000.00 5,052,853.78 4,815,050.00 0.425 0.96 362 1.43% Aaa/AAA/AAA 4338 459058JE4 IBRD 0.376 07/28/2025 1.91Yr-Fixed 07/28/2021 07/30/2021 5,000,000.00 4,980,412.38 4,589,150.00 0.583 1.85 696 1.41% Aaa/AAA/AAA 4319 459058JL8 IBRD 0.500 10/28/2025_ 2.16Yr-Fixed 01/08/2021 01/12/2021 5,000,000.00 4,998,762.02 4,561,150.00 0.512 2.09 788 1.41% Aaa/AAA/AAA 4324 45906M2L4 IBRD 0.650 02/24/2026 2.48YrNC2.79Mo-Dq-Fixed 04/28/2021 -04/30/2021 5,000,000.00 4,973,323.30 4,498,400.00 0.870 2.40 907 1.41% Aaa/AAA/AAA - ,' .-Supranational - 20,000,000.00 ` 20,005,351.47 - 18,463,750.00 ' , 5.66%. 4289 3135G0U43 FNMA 2.875 09/12/2023 0.03Yr-Fixed 03/14/2019 03/15/2019 5,000,000.00 5,000,589.12 4,996,050.00 2.465 0.03 11 1.41% Aaa/AA+/AAA. 4377 313384ND7 FHDN 0.000 10/19/2023 0.13Yr-Disco 12/02/2022 12/05/2022 3,000,000.00 2,981,580.00 2,979,480.00 4.817 0.13 48 0.84% P-1/A-1+/NR 4387 3130AUXN9 FHLB 5.000 02/15/2024 0,46Yr-Fixed 04/24/2023 04/25/2023 3,000,000.00 3,000,899.17 2,992,200.00 4.923 0.45 167 0.85% Aaa/AA+/NR 4292 3133ECHX5 FFCB 2.260 03/13/2024 0.53Yr-Fixed 05/22/2019 05/23/2019 5,000,000.00 5,000,599.31 4,912,800.00 2.236 0.51 194 1.41% Aaa/AA+/AAA 4378 3130ATVC8 FHLB 4875 06/14/2024 0,79Yr-Fixed 12/27/2022 12/28/2022 5,000,000.00 5,004,707.70 4,980,050.00 4.740 076 287 1.42% j Aaa/AA+/NR 4348 3130AQD42 FHLB 0.920 06/28/2024 0.82YrNC0.92Mo-Dq-Fixed 12/14/2021 12/28/2021 5,000,000.00 5,000,000.00 4,815,800.00 0.920 0.80 301 1.41% Aaa/AA+/NR 4380 3134GYCP5 FHLMC 5.000 07/23/2024 0.89YrNC1.74Mo-1x-Fixed 01/05/2023 01/23/2023 5,000,000.00 5,000,000.00 4,975,400.00 5.000 0.78 326 1.41% Aaa/AA+/AAA 4344 3130AQ3C5 FHLB 1.000 08/28/2024 0.99YrNC2.92Mo-Dq-Fixed 12/01/2021 12/02/2021 4,000,000.00 4,000,000.00 3,822,480.00 1.000 0.96 362 1.13% Aaa/AA+/NR 4373 _ 3133XVDG3 FHLB 4.375 09/13/2024 1.03Yr-Fixed 09/22/2022 09/23/2022 5,000,000.00 5,006,575.49 4,951,600.00 4.240 0.98 378 1.42% Aaa/AA+/NR 4336 3130AMXJ6 FHLB 0.500 09/30/2024 1.08YrNC0.99Mo-Dq-Fixed 06/17/2021 06/30/2021 5,000,000.00 5,000,000.00 4,743,350.00 0.500 1.05 395 1.41% Aaa/AA+/NR 4346 3130AQD59 FHLB 1.000 09/30/2024 1.08YrNC0.99Mo-Dq-Fixed 12/14/2021 12/30/2021 5,000,000.00 5,000,000.00 4,769,300.00 1.000 1.05 395 1.41% Aaa/AA+/NR 4349 3130AQD59 FHLB 1.000 09/30/2024 1.08YrNC0.99Mo-Dq-Fixed 12/22/2021 12/30/2021 5,000,000.00 5,000,000.00 4,769,300.00 1.000 1.05 395 1.41% Aaa/A4+/NR 4334 3130AMW65 FHLB 0.500 12/30/2024 1.33YrNC0.99Mo-Dq-Fixed 06/15/2021 06/30/2021 5,000,000.00 5,000,000.00 4,689,650.00 0.500 1.29 _ 486 1.41% Aaa/AA+/NR 4332 -- 3130AMQ62 FHLB 0.625 03/14/2025 1.53YrNC0.46Mo-Dq-Fixed 05/26/2021 06/14/2021 5,000,000.00 5,000,000.00 4,655,550.00 0.625 1.48 560 1.41% Aaa/AA+/NR 4397 3130AWER7 FHLB 4.625 06/06/2025 1.76Yr-Fixed 06/14/2023 06/15/2023 3,000,000.00 2,998,312.03 2,977,710.00 4.659 1.65 644 0.85% Aaa/AA+/NR 4329 3135G04Z3 FNMA 0.500 _ 06/17/2025 1.79Yr-Fixed 05/13/2021 05/14/2021 5,000,000.00 4,988,663.20 4,619,950.00 0,628 1,74 655 1.41% Aaa/AA+/AAA 4381 3135G04Z3 FNMA 0.500 06/17/2025 - 1.79Yr-Fixed 01/12/2023 01/13/2023 5,000,000.00 4,702,500.00 4,619,950.00 4.013 1.74 655 1.33% Aaa/AA+/AAA 4345 3130AQ5S8 FHLB 1.250 06/30/2025 1.83YrNC0.99Mo-Dq-Fixed 12/08/2021 12/30/2021 4,650,000.00 4,650,000.00 4,331,614.50 1.250 1.76 668 1.31% Aaa/AA+/NR 4327 3130AMDL3 FHLB 0,800 07/25/2025 1.90YrNC2,83Mo-D -Fixed 05/11/2021 05/25/2021 _ 5,000,000.00 5,000,000.00 4,607,050.00 0,800 1.83 693 1,41% Aaa/AA+/NR 4360 3130AQT94 FHLB 1.600 08/28/2025 1.99Yr-Fixed 03/03/2022 03/04/2022 4,575,000.00 _ 4,556,035.09 4,294,415.25 1.816 1.92 727 1.29% Aaa/AA+/NR 4331 3130AMQ54 FHLB 0.700 09/16/2025 2.04YrNC0.53Mo-Da-Fixed 05/26/2021 06/16/2021 5,000,000.00 5,000,000.00 4,576,800.00 0.700 1.97 746 _ 1.41% Aaa/AA+/NR 4318 3135GA2Z3 _ FNMA 0.560 11/17/2025 2.21YrNC2.56Mo-Da-Fixed 01/08/2021 01/11/2021 3,000,000.00 3,001,504.47 2,724,510.00 0.500 2.14 808 0.85% Aaa/AA+/AAA 4320 3130AKN36 FHLB 0.525 01/15/2026 2.37YrNC1.48Mo-Dq-Fixed 01/14/2021 01/15/2021 5,000,000.00 4,997,627.78 4,503,250.00 0.545 2.30 867 1.41% Aaa/AA+/NR 4321 3130AKN85 FHLB 0.550 01/20/2026 2.39YrNC1.64Mo-Dq-Fixed 01/14/2021 01/20/2021 5,000,000.00 4,998,806.94 4,503,800.00 0.560 2.31 872 1.41% Aaa/AA+/NR 4322 3130AKUS3 FHLB 0.500 01/28/2026 2.41YrNC1.91Mo-Dq-Fixed 01/26/2021 01/28/2021 5,000,000.00 5,000,000.00 4,494,350.00 0.500 2.33 880 1.41% Aaa/AA+/NR 19 Reporting Period: Securities By Structure Report Portfolio:CITY 08/31/2023 City of Huntington Beach Accounting ID . Cusip ' Ticker ' Coupon Maturity Date Short Description Trade Date Se�h ent Book'Par Value Book Value <Market Value . ` Yield Duective t' o 'Mdy/S&P/Fitch Duration Maturity Portfolio of rtfoli 4333 3130ALEY6 FHLB 0.800 03/04/2026 2.51YrNC0.13Mo Dq Fixed 06/09/2021 06/10/2021 5,000,000.00 5,000,000.00 4,515,700.00 0.800 2.41 915 1.41% Aaa/AA+/NR 4328 3130AMJN3 FHLB 1.030 05/26/2026 2.73YrNC2 86Mo Dq Fixed 05/12/2021 05/26/2021 5,000,000.00 5,000,000.00 4,512,300.00 1.030 2.62 998 1.41% Aaa/AA+/NR 4335 3130AMFS6 FHLB 0.750 06/12/2026 2.78Yr-Fixed 06/16/2021 06/17/2021 5,000,000.00 4,983,270.19 __ 4,497,900.00 0.873 2.68 1,015 1.41% Aaa/AA+/NR 4388 3130AVWS7 FHLB 3.750 06/12/2026 2.78Yr-Fixed 05/08/2023 05/09/2023 3,000,000.00 2,996,249.62 2,930,760.00 3.796 2.57 1,015 0.85% Aaa/AA+/NR 4398 3133EPNG6 FFCB 4.375 06/23/2026 2.81Yr-Fixed 06/22/2023 06/23/2023 3,000,000.00 2,998,735.00 2,980,080.00 4.391 2.58 1,026 0.85% Aaa/AA+/AAA 4347 3130AQ7E7 _ FHLB 1.500 06/30/2026 2.83YrNC0.99Mo-Dq-Fixed 12/14/2021 12/30/2021 5,000,000.00 5,001,258.02 4,559,100.00 1.339 2.69 1,033 1.41% Aaa/AA+/NR 4384 3130AUMC5 FHLB 3.750 07/20/2026 2.88Yr-Fixed 01/17/2023 01/19/2023 5,000,000.00 5,000,000.00 4,878,250.00 3.750 2.67 1,053 1.41% Aaa/AA+/NR 4356 3130AQS79 FHLB 1.375 08/07/2026 2.93YrNC11.24Mo-1x-Step 01/27/2022 02/07/2022 5,000,000.00 5,000,000.00 4,604,400.00 1.375 2.77 1,071 1.41% Aaa/AA+/NR 4386 3133EPGT6 FFCB 3.875 04/26/2027 3.65Yr-Fixed 04/21/2023 04/26/2023 5,000,000.00 4,994,749.13 4,884,350.00 3.906 3.30 1,333 1.41% Aaa/AA+/AAA 4389 3133EPJP1 FFCB 3.625 05/12/2027 3.69Yr-Fixed 05/08/2023 05/12/2023 5,000,000.00 4,987,198.37 4,835,800.00 3.700 3.36 1,349 1.41% Aaa/AA+/AAA 4392 3130AW4N7 FHLB 3.630 06/04/2027 3.76Yr-Fixed _ 05/16/2023 05/18/2023 5,000,000.00 _ 5,000,000.00 4,831,900.00 3.630 3.42 1,372 1.41% Aaa/AA+/NR 4396 - 3133EPMV44 FFCB 4.125 06/15/2027 3.79Yr-Fixed 06/09/2023 06/15/2023 5,000,000.00 4,999,100.14 4,941,200.00 4.130 3.42 1,383 1.41% Aaa/AA+/AAA 4385 3134GYPF3 FHLMC 4.750 07/12/2027 3.86YrNC10.38Mo-Da-Fixed 04/21/2023 04/24/2023 3,300,000.00 3,295,464.13 3,233,835.00 4.791 2.15 1,410 0.93% Aaa/AA+/AAA 4395 3130AWC24 FHLB 4.000 06/09/2028 4.77Yr-Fixed 06/09/2023 06/13/2023 5,000,000.00 5,004,400.22 4,939,950.00 3.979 4.23 1,743 1.42% Aaa/AA+/NR 4399 3130AWC24 FHLB 4.000 _06/09/2028 4.77Yr-Fixed 06/26/2023 06/27/2023 5,000,000.00 4,957,348.77 4,939,950.00 4.012 4.23 1,743 1.41% Aaa/AA+/NR 00 44 31422X5622 FAMCA -5.100 08/07/2028 4.93YrNC23.23Mo-lx-Fixed 08/02/2023 08/07/2023 2,000,000.00 2,000,000.00 1,998,060.00 5.100 2.65 1,802 0.57% NR/NR/NR 4. U.S.Agencies , 186,525,000.00 186 146 173.90 177,389,944.75 52.66554 4300 _254687CR5 DIS 4.000 10/01/2023 0.08Yr-Fixed 12/12/2019 12/16/2019 2,875,000.00 2,879,423.08 2,871,032.50 2.070 0.08 30 0.81% A2/A-/A- 4355 67066GAL8 NVDA -0.584_ 06/14/2024 0.79Yr-Fixed 01/20/2022 01/24/2022 5,000,000.00 4,974,283.20 4,815,950.00 �1.250 0.77 287 1.41% A1/A+/ 4325 91159HHX1 USB 2.400 07/30/2024 0.91YrNC9.92Mo-Cc-Fixed 04/28/2021 04/30/2021 3,809,000.00 3,871,765.16 - 3,697,091.58 - 0.528 0.88 _ 333 1.09% A3/A/A 4343 14913R2P1 CAT 0.600 09/13/2024 _ 1.03Yr-Fixed 11/30/2021 12/02/2021 5,000,000.00 4,980,656.74 4,758,750.00 0.980 1.01 378 1.41% A2/A/A+ 4371 459200KS9T IBM 4.000 07/27/2025 1.90Yr-Fixed 08/09/2022 08/11/2022 6,000,000.00 6,020,271.11 5,863,620.00 3.810 1.80 695 1.70% A3/A-/ 4372 931142EW9 WMT 3.900 09/09/2025 2.02Yr-Fixed 09/20/2022 09/22/2022 5,000,000.00 4,976,392.88 4,890,150.00 4.150 1.88 739 1.41% Aa2/AA/AA 4382 717081DV2 PFE 2.750 06/03026 - 2.75Yr-Fixed a 01/13/2023 01/18/2023 5,000,000.00 4,822,664.69 _ 4,719,200.00 mm /2 4.142 2.58 1,006 1.36% Al/A+/A 4375 • 110122CN6_ BMY 3.200 06/15/2026 2.79YrNC31.47Mo-Cc-Fixed 11/14/2022 11/16/2022 5,000,000.00 4,836,665.01 4,769,750.00 4.480 2.56 1,018 1.37% A2/A+/ 4390 931142EM1 WMT 3.050 07/08/2026 2.85YrNC32.23Mo-Cc-Fixed 05/11/2023 05/15/2023 4,257,000.00 4,177,201.50 4,068,627.75 _3.752 2.63 1,041 1.18% Aa2/AA/AA 4391 904764AU1 UNANA 2.000 07/28/2026 2.90Yr-Fixed 05/11/2023 05/15/2023 - 2,505,000.00 2,385,759.96 2,319,404.55 3.752 2.75 _ 1,061 0.67% A1/A+/A - Corporates 44,446,000.00 43,925,083.32," 42,773,576.38 °`' ''- 12.42% ,, . Holdings . 318,971,000.00 317,812,252.79 . 303,005,1,31.13 , ,89.86% 20 '�\F, Cash/Money Market/LGIP Activity Report '= City of Huntington Beach P T = Portfolio:CITY 9-k6F . i I Reporting Date:08/31/2023 Cash/Money Market Account Activity Accounting ID Description Activity Date Transaction Type Transaction Amount 003 California Asset Management Program 08/01/2023 Interest Received $128 528 21 003 California Asset Management Program 08/01/2023 Deposit $10,000,000.00 003 California Asset Management Program 08/07/2023 Withdrawal ($4,000,000.00) 003 California Asset Management Program 08/10/2023 Withdrawal ($2,000,000.00) Activity Total I I v $4,128,528.21 I 21 °•r" ; tifF� Bond Redemption Activity Reports • City of Huntington Beach Portfolio:CITY uNTv Reporting Date:OS/31/2023. Redemption Transactions.' Transaction' Settlement' Accounting ID = Cusip Description, - Price Posted Date Par Value. Principal • Accrued Interest Total. YP °, Dater 4291 Maturity 45818WBY1 IADB2.96008/16/2023 100.00000 08/16/2023 08/16/2023 $5,000,000.00 $5,000,000.00 $0.00 $5,000,000.00 3 Maturity 9 12828 D1....... T 1.375 08��31 2023 100.00000 08/31/2023 08/31/2023 5,000 000.00 5,000 000.00 $0.00 $5 000 000.00 454 Mauity 9 2 / / $ , $ $ , air a9 ��. � ..,� � _ „�_ �.� Activity Total $10,000,000.00 $10,000000.00 1 $0.00 $10,000,000.00 22 ,rr��• ro ° ° " °d, IA Bond Purchase Activity Report City of Huntington Beach ps Portfolio:CITY „-;�uN1va � Reporting Date:08/31/2023 Purchase Transactions , ' I Transaction = Settlement Accounting ID' Cusip Description Price Posted Date . . Par Value,n Principal ° Accrued Interest Total, Type, ' Date 4400 Buy 31422X5U2 FAMCA 5.100 08/07/2028 100.00000 08/07/2023 08/07/2023 2,000,000.00 $2,000,000.00 $0.00 $2,000,000.00 _._I. --1 I Activity Totall 1 -- -1 — 200060000 1.:` $2a6o00000 uw : $600 1_..._$?o0000000 23 ' o`Y .tip g F9 Bond Interest Received ActivityRepoit ;=I City of Huntington Beach , e Portfolio:CITY ItiL.FW��rrty�;;` it Reporting Date:08/31/2023 .0 , Bond Interest Received Accounting ID Transaction Type Cusip Description Date Posted Interest Received. n Purchased Interest Adjustment - Net`Interest 4356 Interest Income 3130AQS79 FHLB 1.375 08/07/2026 08/07/2023 $34,375.00 $34,375.00 4361 Interest Income 912828D56 T 2.375 08/15/2024 08/15/2023 $59,375.00 $59,375.00 4387 Interest Income • 3130AUXN9 FHLB 5.000 02/15/2024 08/15/2023 $75,000.00 $29,166.67 $45,833.33 4291 Interest Income 45818WBY1 IADB 2.960 08/16/2023 08/16/2023 $74,000.00 $74,000.00 4324 Interest Income 45906M2L4 IBRD 0.650 02/24/2026 08/24/2023 $16,250.00 $16,250.00 4344 Interest Income 3130AQ3C5 FHLB 1.000 08/28/2024 08/28/2023 $20,000.00 $20,000.00 4360 Interest Income j 3130AQT94 FHLB 1.600 08/28/2025 08/28/2023 $36,600.00 $36,600.00 4323 Interest Income 459056HV2 IBRD 1.500 08/28/2024 08/28/2023 $37,500.00 $37,500.00 4339 Interest Income 91282CCW9 T 0.750 08/31/2026 08/31/2023 $3,750.00 $3,750.00 4340 Interest Income 91282CA10 T 0.250 08/31/2025 08/31/2023 $6,250.00 $6,250.00 4342 Interest Income 91282CCW9 T 0.750 08/31/2026 08/31/2023 $18,750.00 $18,750.00 4351 Interest Income 9128284Z0 T 2.750 08/31/2025 08/31/2023 $68,750.00 $68,750.00 4354 ' Interest Income 9128282D1 T 1.375 08/31/2023 08/31/2023 $34,375.00 $34,375.00 Activity Total $484,975.00 $29,166.67 $4$5 808.33 24 Statement of Cash Receipts and Disbursements and Summary of Cash by Fund is City Treasurer's Office /! August 2023 Cash Receipts and Disbursements July 2023 August 2023 Receipts General Fund Property Tax $ 1,155,417 $ 146,433 Local Sales Tax 4,502,307 4,520,296 Public Safety Sales Tax 234,807 308,068 Transient Occupancy Tax(TOT) 2,027,377 2,350,278 Utility Users Tax(UUT) 1,781,233 1,677,550 Other Revenue 14,999,898 6,655,336 Total General Fund Revenue 24,701,040 15,657,960 Total All Other Funds Revenue 17,494,348 22,247,844 Total Receipts $ 42,195,388 $ 37,905,805 Disbursements General Fund Personnel Services (12,483,938) (12,752,122) Operating Expenses (4,334,724) (5,655,424) Capital Expenditures - (32,273) Non-Operating Expenses (328,561) (2,233,505) Total General Fund Disbursements (17,147,223) (20,673,324) Total All Other Funds Disbursements (37,754,131) (26,829,196) Total Disbursements (54,901,354) (47,502,520) Net Change in Cash Flow $ (12,705,967) $ (9,596,716) Summary of Cash by Fund July 2023 August 2023 General Fund $ 124,984,620 $ 119,969,257 General Fund Other 5,740,569 7,073,990 Capital Projects Funds 55,491,257 54,242,877 Debt Service Funds 27,633,133 26,748,622 Enterprise Funds • 67,680,850 70,336,848 Trust and Agency Funds 8,470,179 5,508,937 Internal Service Funds 36,305,892 33,387,525 Special Revenue Funds 44,630,124 44,071,853 General Ledger Cash Balances * $ 370,936,624 $ 361,339,909 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. 25 �,.110aTirrcio Portfolio Summary ° • , • o``r ,A Huntington Beach Portfolio:CITY 9 ° . Reporting Date:(FY2024) �cF r04a 07/01/2023-07/31/2023 • . Full•Accrual-Basis: .' Par Value Period Earnings Summary(31 Days) Fiscal YTD Summary(31 Days) Period Transactions m °Net Period Earnings $854,508.51 Net Period Earnings $854,508.51 Redemptions. 5 Total Par Value $358,695,781.60 Last FY Period.Net Earnings $362,964.68 Last FY Period Net Earnings $362,964.68 Purchases 0 Avg Daily Book Balance. $371,860,909.67 . Avg.Daily Book Balance. $371,860,909.67 -- Total Activity 5 Net EAR. 2.747% Net EAR' „° 2.747% ° Fiscal YTD'Transactions Redemptions 5 Purchases 0 Book Value _Total Activity 5 Total•Book Value $357,498,343.66 Certification• the corr I esponding that this report and rt pages attached accurately reflect all portfolio combined investments and conforms with all California state statutes and the Huntington Beach investment policy filed on January 17,2023.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations.Market values are provided by US Bank via Interactive Data Corp(IDC) The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes.This period,that rate is equal to:4.450% ''I 1' City Treasurer 07/31/2023 Alisa Backstrom Title Date Portfolio Investments �. , . • Market Value Par,Value Book Value' Book Value%of market Value Book Yield Days to Maturity -` • `° Contribution , ,,,,,,.,.:,.. Port Total Market Value , . $342,101,936.45 I Local Govt Inv Pools(LGIP) $31,724,781.60 $31,724,781.60 8.87% $31,724,781.60 0.47% 1 U.S.•Treasuries $73,000,000.00 $72,728,565.20 20.34% $69,214,460.00 0.35% 622 Supranational $25,000,000.00 $25,009,352.46 7.00% $23,387,850.00 0.07% 577 U.S.Agencies $184,525,000.00 $184,120,778.30 51.50% $174,999,716.00 1.17% 813 Corporates ' $44,446,000.00 $43,914,866.11 12.28% $42,775,128.85 0.36% 696 Total $358,695,78160 `YY $357,498,343.66 100.00% 10$342, 1936 45 2.42% 671- 26 Reporting Period: Cash By Fund Report Portfolio:CITY 07/31/2023 City of Huntington Beach Accounting ID `Ticker: Pool.Description, Type Par Value ` Book Value -Market Value Rate %of Portfolio . Rating 003 CAMP California Asset Management Program LGIP 31,724,781.60 31,724,781.60 31,724,781.60 5.31 8.87% NR CITY Fund Total •z _ 31,724,713160 _, 31,724,781.60 = .31,724,781.60;_ 8 87% r . 27 Reporting Period: Securities By Structure Report Portfolio:CITY 07/31/2023 City of Huntington Beach Accounting ID Cusip Ticker Coupon Maturity'Date Short Description Trade Date SettDlament Par Value' ' Book Value Market Value Y eld, Duration Maturity 'Portfolio Mdy/S&P/Fitch" 4354 9128282D1 T 1.375 08/31/2023 0.08Yr-Fixed 01/20/2022 01/21/2022 5,000,000.00 5,001,916.52 4,983,750.00 0.903 0.08 30 1.40% Aaa/AA+/AAA 4364 9128286Z8 T 1.750 06/30/2024 0.91Yr-Fixed 04/29/2022 05/02/2022 7,000,000.00 6,939,41916, 6,774,390.00 2.730 0.89 334 1.94% Aaa/AA+/AAA 4370 912828XX3 T 2.000 06/30/2024 0.91Yr-Fixed _05/26/2022 05/27/2022 5,000,000.00 4,979,534.31 4,849,050.00 2.462 0.89 334 1.39% Aaa/AA+/AAA 4353 912828Y87 T 1.750 07/31/2024 - 1.00Yr-Fixed 01/13/2022- 01/14/2022 5,000,000.00 5,035,557.05 4,824,600.00 1.028 0.97 365 1.41% Aaa/AA+/AAA 4358 912828Y87 T 1.750 07/31/2024 - 1.00Yr-Fixed 02/10/2022 02/11/2022 4,000,000.00 - 4,006,044.17 3,859,680.00 1.595 0.97 365 1.12% Aaa/AA+/AAA 4361 912828D56 _ T 2.375 08/15/2024 1.04Yr-Fixed 03/21/2022 03/22/2022 5,000,000.00 5,006,770.24 4,848,250.00 2.240 1.00 380 1.40% Aaa/AA+/AAA 4298 912828YH7 • T 1.500 09/30/2024 1.17Yr-Fixed 12/04/2019 12/05/2019 5,000,000.00 4,994,678.02 4,785,950.00 1.595 1.13 426 1.40% Aaa/AA+/AAA _4350 912828YM6 T_ 1.500 10/31/2024 1.25Yr-Fixed 12/30/2021 12/31/2021 3,000,000.00 3,021,419.39 2,863,230.00 0.920 1.21 457 0.85% Aaa/AA+/AAA 4376 91282CEU1 T 2.875 06/15/2025 - .1.87Yr-Fixed 11/17/2022 11/18/2022 3,000,000.00 2,926,149.83 2,887,980.00 4.276 1.78 684- 0.82% Aaa/AA+/AAA 4330 _ 91282CAB7 T _0.250 07/31/2025 2.00Yr-Fixed 05/18/2021 05/19/2021 5,000,000.00 4,964,023.47 4,562,900.00 0.615 1.94 730 1.39% Aaa/AA+/AAA 4340 91282CAJ0 T 0.250 _08/31/2025 - 2.08Yr-Fixed 09/23/2021 09/27/2021 5,000,000.00 4,950,248.43 4,549,200.00 0.735 2.02 761 1.38% Aaa/AA+/AAA - 4351 9128284Z0 T 2.750 08/31/2025 2.08Yr-Fixed 12/30/2021 12/31/2021 5,000,000.00 _ 5,167,545.03 4,792,400.00 1.103 1.96 761 1.45% Aaa/AA+/AAA 4341 91282CCP4 T 0.625 07/31/2026 3.00Yr-Fixed 09/30/2021 09/30/2021 5,000,000.00 4,952,471.17 4,462,900.00 0.950 2.89 1,095 1.39% Aaa/AA+/AAA 4339 - 91282CCW9 T 0.750 08/31/2026 3.08Yr-Fixed 09/23/2021 09/23/2021 1,000,000.00 - 995,784.53 893,630.00 0.890 2.96 1,126 0.28% Aaa/AA+/AAA 4342 91282CCW9 T 0.750 08/31/2026 3.08Yr-Fixed 11/22/2021 11/23/2021 5,000,000.00 4,920,212.04 4,468,150.00 1.285 -2.96 1,126 1.38% Aaa/AA+/AAA 4379 91282CEW7 - T -- 3.250 06/30/2027 3.91Yr-Fixed 12/28/2022 12/29/2022 5,000,000.00 4,866,791.82 4,808,400.00 -4.000 -3.59 1,429 1.36% Aaa/AA+/AAA • U.S.Treasuries '73,000,000.00 72,728,565.20 69,214,460.00 20.34% 4291 45818WBY1 IADB 2.960 08/16/2023 0.04Yr-Fixed 03/26/2019 03/28/2019 5,000,000.00 _ 5,001,358.84 4,994,750.00 2.271 0.04 15 1.40% Aaa/AAA/AAA, - 4323 459056HV2 IBRD 1.500 08/28/2024 1.08Yr-Fixed 04/21/2021 04/23/2021 5,000,000.00 5,057,295.27 4,794,050.00 0.425 1.04 393 1.41% Aaa/AAA/AAA 4338 459058JE4 IBRD 0.376 07/28/2025 1.99Yr-Fixed 07/28/2021 07/30/2021 5,000,000.00 4,979,557.02 4,571,300.00 0.583 1.93 727 1.39% Aaa/AAA/AAA 4319 4590581L8 IBRD 0.500 10/28/2025 2.24Yr-Fixed 01/08/2021 01/12/2021 5,000,000.00 4,998,714.22 4,544,500.00 0.512 2.17 819 1.40% Aaa/AAA/AAA 4324 45906M2L4 IBRD 0.650 02/24/2026 2.57YrNC0.79Mo-Dq-Fixed- 04/28/2021 04/30/2021 mm 5,000,000.00 4,972,427.10 . 4,483,250.00 0.870 2.47 938 1.39% Aaa/AAA/AAA Supranatiorial '. ry 25,000,000.00 .-25,009,352.46 , .'23,387,850.00 7.00%„� 4289 3135G0U43 FNMA 2.875 09/12/2023 0.11Yr-Fixed 03/14/2019 03/15/2019 5,000,000.00 5,002,195.79 4,986,100.00 2.465 0.11 42 1.40% Aaa/AA+/AAA 4377 313384ND7 FHDN 0.000 10/19/2023 0.22Yr-Disco 12/02/2022 12/05/2022 3,000,000.00 2,969,683.75 2,966,550.00 4.817 0.21 79 0.83% P-1/A-1+/NR 4387 3130AUXN9 FHLB 5.000 02/15/2024 0.54Yr-Fixed 04/24/2023 04/25/2023 3,000,000.00 3,001,063.66 2,992,890.00 4.923 0.52 198 0.84% Aaa/AA+/NR 4292 3133ECHX5 FFCB 2.260 03/13/2024 --� 0.62Yr-Fixed 05/22/2019 05/23/2019 5,000,000.00 5,000,692.95 4,898,000.00 2.236 0.60 225 1A0% Aaa/AA+/AAA 4378 3130ATVC8 FHLB 4.875 06/14/2024 0.87Yr-Fixed 12/27/2022 12/28/2022 5,000,000.00 5,005,206.75 4,980,250.00 4.740 0.84 318 1.40% Aaa/AA+/NR 4348 3130AQD42 FHLB 0.920 06/28/2024 0.91YrNC1.94Mo-Dq-Fixed 12/14/2021 12/28/2021 5,000,000.00 5,000,000.00 4,790,850.00 0.920 0.88 332 1.40% Aaa/AA+/NR 4380 3134GYCP5 FHLMC 5.000 07/23/2024 0.98YrNC2.76Mo-lx-Fixed 01/05/2023 01/23/2023 5,000,000.00 5,000,000.00 - 4,964,650.00 5.000 0.84 357 1.40% Aaa/AA+/AAA 4344 3130AQ3C5 FHLB 1.000 08/28/2024 1.08YrNC0.92Mo-Dq-Fixed 12/01/2021 12/02/2021 4,000,000.00 4,000,000.00 3,807,560.00 1.000 1.04 393 1.12% Aaa/AA+/NR 4373 3133XVDG3 FHLB 4.375 09/13/2024 1.12Yr-Fixed 09/22/2022 09/23/2022 5,000,000.00 5,007,105.77 4,940,550.00 4.240 1.06 409 1.40% Aaa/AA+/NR 4336 3130AMXJ6 FHLB 0.500 09/30/2024 1.17YrNC2.00Mo-Dq-Fixed 06/17/2021 06/30/2021 5,000,000.00 5,000,000.00 4,714,250.00 0.500 1.13 426 1.40% Aaa/AA+/NR 4346 3130AQD59 FHLB 1.000 09/30/2024 1.17YrNC2.00Mo-Dq-Fixed 12/14/2021 12/30/2021 5,000,000.00 5,000,000.00 4,742,150.00 1.000 1.13 426 1.40% Aaa/AA+/NR 4349 3130AQD59 FHLB 1.000 09/30/2024 1.17YrNC2.00Mo-Dq-Fixed 12/22/2021 12/30/2021 5,000,000.00 5,000,000.00 4,742,150.00 1.000 1.13 426 1.40% Aaa/AA+/NR 4334 3130AMW65 FHLB 0.500 12/30/2024 1.42YrNC2.00Mo-Dq-Fixed 06/15/2021 06/30/2021 5,000,000.00 5,000,000.00 4,661,250.00 0.500 1.37 517 1.40% Aaa/AA+/NR 4332 3130AMQ62 FHLB 0.625 03/14/2025 1.62YrNC1A8Mo-Dq-Fixed 05/26/2021 06/14/2021 5,000,000.00 5,000,000.00 4,633,650.00 0.625 1.57 591 1.40% Aaa/AA+/NR - 4397 3130AWER7 FHLB 4.625 06/06/2025 1.85Yr-Fixed 06/14/2023 06/15/2023 3,000,000.00 2,998,232.28 2,976,120.00 4.659 1.74 675 0.84% Aaa/AA+/NR 4329 3135G04Z3 FNMA 0.500 06/17/2025 1.88Yr-Fixed - - 05/13/2021 05/14/2021 5,000,000.00 4,988,136.73 4,601,500.00 0.628 1.82 686 1.40% Aaa/AA+/AAA 4381 3135G04Z3 FNMA 0.500 06/17/2025 1.88Yr-Fixed_ 01/12/2023 01/13/2023 5,000,000.00 4,688,684.21 4,601,500.00 4.013 1.82 686 1.31% Aaa/AA+/AAA 4345 3130AQ5S8 FHLB 1.250 06/30/2025 1.91YrNC2.00Mo-Dq-Fixed 12/08/2021 12/30/2021 4,650,000.00 4,650,000.00 4,329,894.00 1.250 1.84 699 1.30% Aaa/AA+/NR 4327 3130AMDL3 - FHLB 0.800 07/25/2025 1.98YrNC0.82Mo-Dq-Fixed 05/11/2021 05/25/2021 5,000,000.00 5,000,000.00 4,608,150.00 0.800 1.92 724 1.40% Aaa/AA+/NR 4360 3130AQT94 FHLB 1.600 08/28/2025 2.08Yr-Fixed 03/03/2022 03/04/2022 4,575,000.00 4,555,241.58 4,271,403.00 1.816 1.98 758 1.27% Aaa/AA+/NR ................ 4331 3130AMQ54 FHLB 0.700 09/16/2025 2.13YrNC1.54Mo-Da-Fixed 05/26/2021 06/16/2021 5,000,000.00 5,000,000.00 4,576,100.00 0.700 2.05 777 1.40% Aaa/AA+/NR 4318 3135GA2Z3 FNMA 0.560 11/17/2025 2.30YrNC3.58Mo-Da-Fixed 01/08/2021 01/11/2021 3,000,000.00 3,001,561.17 2,712,960.00 0.500 2.22 839 0.84% Aaa/AA+/AAA 4320 3130AKN36 FHLB 0.525 01/15/2026 2.46YrNC2.50Mo-Dq-Fixed 01/14/2021 01/15/2021 5,000,000.00 4,997,544.44 4,502,650.00 0.545 2.38 898 1.40% Aaa/AA+/NR 28 Reporting Period: Securities By Structure Report Portfolio:CITY 07/31/2023 City of Huntington Beach • Settlement Book Effective Days to (%)"of Accounting ID Cusip Ticker Coupon Maturity Date Short Description Trade Date' - Date Par Value : •Book Value Market Value yield , Duration Maturity Portfolio Mdy/S&P/Fitch- 4321 3130AKN85 FHLB 0.550 01/20/2026 2.47YrNC2.66Mo-Dq-Fixed 01/14/2021 01/20/2021 5,000,000.00 4,998,765.28 4,503,350.00 0.560 2.39 903 1.40% Aaa/AA+/NR 4322 3130AKUS3 FHLB 0.500 01/28/2026 2.49YrNC2.92Mo-Dq-Fixed 01/26/2021 01/28/2021 5,000,000.00 5,000,000.00 4,494,250.00 0.500 2.41 911 1.40% Aaa/AA+/NR 4333 3130ALEY6 FHLB 0.800 03/04/2026 2.59YrNC1.15Mo-Dq-Fixed 06/09/2021 06/10/2021_ 5,000,000.00 5,000,000.00 4,511,300.00 0.800 2.49 946 1.40% Aaa/AA+/NR 4328 3130AMJN3 _FHLB 1.030 05/26/20'26 2.82YrNC0.85Mo-Dq-Fixed 05/12/2021 05/26/2021 5,000,000.00 5,000,000.00 4,510,850.00 _ 1.030 2.70 1,029 1.40% Aaa/AA+/NR_ 4335 3130AMF56 _ FHLB 0.750 06/12/2026 2.86Yr-Fixed 06/16/2021 06/17/2021 5,000,000.00 4,982,768.80 4,462,950.00 0.873 2.75 1,046 1.39% Aaa/AA+/NR 4388 313OAVWS7 FHLB 3.750 06/12/2026 2.86Yr-Fixed 05/08/2023 05/09/2023 3,000,000.00 2,996,137.22 2,915,760.00 3.796 2.64 1,046 0.84% Aaa/AA+/NR 4398 3133EPNG6FFCB 4.375 06/23/2026 2.89Yr-Fixed _06/22/2023 06/23/2023 3,000,000.00 2,998,697.50 2,982,930.00 4.391 2.66 1,057 0.84% Aaa/AA+/AAA 4347 3130AQ7E7 FHLB 1.500 06/30/2026 2.91YrNC2.00Mo-Dq-Fixed , 12/14/2021 12/30/2021 5,000,000.00 5,001,295.06 4,554,750.00 1.339 2.77 1,064 1.40% Aaa/AA+/NR 4384 3130AUMC5 FHLB 3.750 07/20/2026 2.97Yr-Fixed 01/17/2023 01/19/2023 5,000,000.00 5,000,000.00 4,859,400.00 3.750 2.75 1,084 1.40% Aaa/A4+/NR 4356 3130AQS79 FHLB 1.375 08/07/2026 3.02YrNC12.25Mo-1x-Step 01/27/2022 02/07/2022 5,000,000.00 5,000,000.00 _ 4,609,400.00 1.375 2.81 1,102 1.40% Aaa/AA+/NR_ 4386 3133EPGT6 FFCB 3.875 04/26/2027' 3.73Yr-Fixed 04/21/2023 04/26/2023 5,000,000.00 4,994,629.34 4,885,150.00 3.906 3.38 1,364 1.40% Aaa/AA+/AAA_ 4389 3133EPJP1 _ FFCB 3.625 05/12/2027 3.78Yr-Fixed 05/08/2023 05/12/2023 5,000,000.00 4,986,909.83 4,835,900.00 3.700 3.43 1,380 1.39% Aaa/AA+/AAA 4392 3130AW4N7 FHLB 3.630 06/04/2027 3.84Yr-Fixed 05/16/2023 05/18/2023 5,000,000.00 5,000,000.00 4,832,400.00 3.630 _3.49 1,403 1.40%_ Aaa/AA+/NR 4396 3133EPMV4 FFCB 4.125 06/15/2027 3.87Yr-Fixed 06/09/2023 06/15/2023 5,000,000.00 4,999,080.35 4,944,100.00 _4.130 3.50 1,414 1.40% Aaa/AA+/AAA_ 4385 3134GYPF3 FHLMC 4.750 07/12/2027 3.95YrNC11.40Mo-Da-Fixed 04/21/2023 04/24/2023 3,300,000.00 . 3,295,366.30 3,227,499.00 4.791 2.20 1,441 0.92% Aaa/AA+/AAA_ 4395 3130AWC24 FHLB 4.000 06/09/2028 4.86Yr-Fixed 06/09/2023 06/13/2023 5,000,000.00 5,604,477.06 4,934,300.00 3.979 4.31� 1,774 1.40% Aaa/AA+/NR 4399 3130AWC24 FHLB 4.000 06/09/2028 4.86Yr-Fixed 06/26/2023 06/27/2023 5,000,000.00 4,997,302.47 4,934,300.00 4.012 4.31 1,774 1.40% Aaa/AA+/NR U.S.Agencies _ , , 184,525,000.00` 184,120,778.30 174,999,716.00 51:50% 4300 254687CR5 DIS 4.000 10/01/2023 0.17Yr-Fixed 12/12/2019 12/16/2019 2,875,000.00 2,883,846.15 2,864,563.75 2.070 0.16 61 0.81% A2/A-/A- 4355 -67066GAL8 NVDA 0.584- 06/14/2024 0.87Yr-Fixed 61/20/2022 01/24/2022 5,000,000.00 4,971,557.03 4,792,450.00 1.250 0.85 318 1.39% A1/A+/ 4325 91159HHX1 USB 2.400 07/30/2024 1.00YrNC10.94Mo-Cc-Fixed 04/28/2021 04/30/2021 3,809,000.00 3,877,488.42 3,689,625.94 0.528 0.97 364 1.08% A3/A/A 4343 14913R2P1 CAT 0.600 09/13/2024mm 1.12Yr-Fixed 11/30/2021 12/02/2021 5,000,000.00 4,979,096.80 4,738,700.00 0.980 1.09 409 1.39% A2/A/A+ 4371 459200KS9 IBM 4.000 - 07/27/2625 _1.99Yr-Fixed 08/09/2022 08/11/2022 6,000,000.00 6,021,157.60 5,868,540.00 3.810 1.88 726 1.68% _A3/A-/ 4372- 931142EW9- WMT _3.900 09/09/2025 2.11Yr-Fixed 09/20/2022 09/22/2022 5,000,000.00 4,975,420.06 4,907,450.00 4.150 1.96 770 _ 1.39% Aa2/AA/AA 4382 717081DV2 PFE 2.750 06/0'3/2026 __ 2.84Yr-Fixed 01/13/2023 01/18/2023 5,000,000.00 4,817,301.73 4,736,150.00 4.142 2.66 1,037 1.35% A1/A+/A 4375 110122CN6 _ BMY 3.200 06/15/2026 2.87YrNC32.49Mo-Cc-Fixed 11/14/2022 11/16/2022 5,000,000.00 4,831,784.48 4,780,150.00 4.480 2.64 1,049 1.35% A2/A+/ 4390 931142EM1 WMT 3.050 07/08/2026 2.93YrNC33.25Mo-Cc-Fixed 05/11/2023 05/15/2023 4;257,600.00 4,174,870.48 4,081,526.46 3.752 2.70 1,072 1.17% Aa2/AA/AA 4391 904764AU1 UNANA 2.000 07/28/2026 2.99Yr-Fixed 05/11/2023 05/15/2023 2,505,000.00 2,382,343.34 2,315,972.70 3.752 2.83 1,092 0.67% A1/A+/A `' .' ' , , Corporates - . . • 44,446,000.00 43,914,866.11 42,775,128.85`.-- 12.28%- g Holdin s'' - . • 326,971,000.00 ;.325 773 562.06 310,377,154.85 91.13% • 29 • �a �d�"N11N0ro- ' o, . ., ,e ti . Cash/Money Market/LGIP Activity Report ' ( .., . =k City of Huntington Beach q\g ` �_ Portfolio:CITY �z-�'Nrt Q ,, Reporting Date:07/31/2023 Cash/Money Market Account Activity Accounting ID -, ., _ Description, - Activity Date, Transaction Type Transaction Amount _ 003 California Asset Management Program 07/03/2023 Interest Received $114,835.05 003 California Asset Management Program 07/13/2023 Withdrawal ($2,000,000.00) 003 California Asset Management Program 07/20/2023 Withdrawal 003 California Asset Management Program 07/27/2023 Deposit $7,000,000.00 Activity Total J $2,114,835.05 -.•TMti.• __ _ _e_ ..ram^ .. .. _ t._., ��:r^ e ,,,F«, _. ....r • 30 F r *.y 0', p °;, Bond Redemption`Activity Report" c, y City of Huntington Beach py � ;1. Portfolio:CITY F ��F " Reporting Date:07/31/2023 - COUNTY Redemption Transactions Transaction Settlement Accounting ID Type Cusip Description Price Date `• Posted Date. '' Par Value Principal Accrued Interest Total 4290 Maturity 45818WBX3 IADB 2.870 07/20/2023 100.00000 07/20/2023 07/20/2023 $4,000,000.00 $4,000,000.00 $0.00 $4,000,000.00 4306 i Maturity 90331HNV1 USB 3.400 07/24/2023 100.00000 07/24/2023 07/24/2023 $2,000,000.00 $2,000,000.00 $0.00 $2 000,000 00 4383 I Maturity 3130AU HE7 FH LB 4.875 07/26/2023 100.00000 I 07/26/2023 07/26/2023 $5,000,000.00 $5,000,000.00 $0.00 $5,000,000.00 4352 Maturity 912828592 T 1.250 07/31/2023 100.00000 1 07/31/2023 07/31/2023 $5,000,000.00 $5,000,000.00 $0.00 $5,000,000.00 4357 Maturity 91282CCN9 T 0.125 07/31/2023 100.00000 07/31/2023 07/31/2023 $5,000,000.00 $5,000,000.00 $0.00 $5,000,000.00 Activity Total $21 000 000 00 $21,000 000.00 I $0.00 $21000,000 00 31 - �° ".6F Bond.Purchase Activity Report f .„... = City of Huntington Beach t¢ Portfolio:CITY 9�,, -'-0,0 Reporting Date:07/31/2023 , CdUNT ,sir Purchase Transactions Transaction: � settlement Accounting ID ° Type ,- Cusip� Description Price , Date Posted Date�' Par Value Principal Accrued Interest. ° Total. Activity Total 0.00 $0.00 $0.00 $0.00' 32 ,` ;'� F� Bondlnterest ° " ° o , Received •Activity Report fri °lam,,,p,,,,--..,...r. r1. 1. City of Huntington Beach Portfolio:CITY 1, uN d Reporting Date:07/31/2023 ond Interest Received Accounting ID ' Transaction Type, Cusip Description'` < Date Posted' ` Interest Received• Purchased Interest Adjustment • Net Interest 4390 Interest Income 931142EM1 WMT 3.050 07/08/2026 07/10/2023 $64,919.25 $45,804.14 $19,115.11 4385 Interest Income 3134GYPF3 FHLMC 4.750 07/12/2027 07/12/2023 $39,187.50 $5,225.00 $33,962.50 4320 Interest Income 3130AKN36 FHLB 0.525 01/15/2026 07/17/2023 $13,125.00 $13,125.00 4290 Interest Income 45818WBX3 - IADB 2.870 07/20/2023 07/20/2023 $57,400.00 $57,400.00 4384 Interest Income 313OAUMC5 FHLB 3.750 07/20/2026 07/20/2023 $94,270.84 $94,270.84 4321 Interest Income 3130AKN85 FHLB 0.550 01/20/2026 07/20/2023 $13,750.00 $13,750.00 4380 Interest Income 3134GYCP5 FHLMC 5.000 07/23/2024 07/24/2023 $125,000.00 $125,000.00 4306 Interest Income 90331HNV1 USB 3.400 07/24/2023 07/24/2023 $34,000.00 $34,000.00 4383 Interest Income 3130AUHE7 FHLB 4.875 07/26/2023 07/26/2023 $135,416.67 $8,125.00 $127,291.67 4371 Interest Income I 459200KS9 IBM 4.000 07/27/2025 07/27/2023 $120,000.00 $120,000.00 4338 Interest Income 459058JE4 IBRD 0.376 07/28/2025 07/28/2023 $9,400.00 $9,400.00 4391 Interest Income 904764AU1 UNANA 2.000 07/28/2026 07/28/2023 $25,050.00 $14,890.83 $10,159.17 4322 Interest Income 3130AKU53 FHLB 0.500 01/28/2026 07/28/2023 $12,500.00 $12,500.00 4341 Interest Income 91282CCP4 T 0.625 07/31/2026 07/31/2023 $15,625.00 $15,625.00 4352 Interest Income 912828592 T 1.250 07/31/2023 07/31/2023 $31,250.00 — _ $31,250.00 4353 — Interest Income 912828Y87 T 1.750 07/31/2024 07/31/2023 $43,750.00 $43,750.00 4357 Interest Income i 91282CCN9 T 0.125 07/31/2023 07/31/2023 $3,125.00 $3,125.00 _ 4358 Interest Income 912828Y87 T 1.750 07/31/2024 07/31/2023 w_ $35,000.00 $35,000.00 4325 Interest Income 91159HHX1 USB 2.400 07/30/2024 07/31/2023 $45,708.00 $45,708.00 4330 Interest Income 91282CAB7 T 0.250 07/31/2025 07/31/2023 $6,250.00 $6,250.00 ActivityTotal $924,727.26 $74,044.97 ' $85 2 0,682.29 33 raTl�cro z +O< ?:F Statement of Cash Receipts and Disbursements and �p Summary of Cash by Fund City Treasurer's rer s Office aUN ;P�\�e July Cash Receipts and Disbursements June 2023 July 2023 Receipts General Fund Property Tax $ 635,888 $ 1,155,417 Local Sales Tax 4,370,590 4,502,307 Public Safety Sales Tax 274,224 234,807 Transient Occupancy Tax(TOT) 1,119,474 2,027,377 Utility Users Tax(UUT) 1,607,817 1,781,233 Other Revenue 4,853,884 14,999,898 Total General Fund Revenue 12,861,878 24,701,040 Total All Other Funds Revenue 19,635,859 17,494,348 Total Receipts $ 32,497,737 $ 42,195,388 Disbursements General Fund Personnel Services (16,358,797) (12,483,938) Operating Expenses (5,509,899) (4,334,724) Capital Expenditures (27,811) - Non-Operating Expenses (1,105,781) (328,561) Total General Fund Disbursements (23,002,288) (17,147,223) Total All Other Funds Disbursements (37,365,514) (37,754,131) Total Disbursements (60,367,802) (54,901,354) Net Change in Cash Flow $ (27,870,066) $ (12,705,967) Summary of Cash by Fund June 2023 July 2023 General Fund $ 136,625,287 $ 144,179,103 General Fund Other 3,349,307 3,844,275 Capital Projects Funds 29,696,397 28,037,743 Debt Service Funds 25,631,387 25,763,724 Enterprise Funds 80,598,996 67,693,284 Trust and Agency Funds 10,513,253 8,361,347 Internal Service Funds 21,717,497 17,466,235 Special Revenue Funds 73,868,033 73,948,479 General Ledger Cash Balances * $ 382,000,157 $ 369,294,190 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. 34 ► � ` o AOiiiirAf \\WI. I N 1%.,,_ Quarterly \\,........••••4 eC4P 0RA744% va. .• 40/ lia, Treasur40- e r s• • 17 *4 r '` � � N r, ��rj i%��f{i�� ,, r.o) R ,: iReport ..„,--..,_ __-- - --- -___ '''' ."---- : ic::::Cl I 1 ill Alisa Backstrom, MBA, CCMT, CPFIM ,_ _ _ � .. ems►- -- $ City Treasurer • _ 7 Q� oPA. ••oi • )" , 1 gOJ l ,w�' Quarter Ended : September 30, 2023 •••••• 0 ci ;,#°O(JNT\( Invest ment Portfolio - Summary ., ,....„„, .....„,,,,,,,,.,,, 4S!!'w....''''''44.1:^9 Quarter End 09/30/23 ,7. t„�. �r t is ,. s + 3 _ .� --- `. r '_ Y r . :.: "°r 4z-*,- � 4v, 7,11 ss �.. srY:.: '11- Investment T e p ,,� : a - R s �, e. c'2::,;- , s, ar ",d •a .- 5 ,.s'^ �.m ff°�ah ;+pw y, ''" a ti. „ y h '; ':fi e �'� ,� rq. ry.d Ph ..s: > ;. r . ,,,. -sin .ri � � 64 z{ `C £ ' y, a#�,d ,>� ° �, �;i" ¥ +"34 k..'r'a u , k. r gym.., „ u 5 i Y Ag, C c a ':ry 4 - f '' „ § Ex .a„ ..,r.t.,y �in,000 sNP3 441 4 a , a r Ty hook Va,lu,4etn Market Val{ue ' ,..::-_. .. F,,i, r, -°,w„5,. ..s.:.'.� s }r,�"; Y.�, ,,.��. _..>....,m�+�.-?�d v,o b: .. �k:.u�'?.�,i+, .. ao.�;;:+Y , i r'"v ,..c,.F ecmd� LS:. 9- w�i f ,'r. �y U.S. Agencies $ 171 .9 U.S. Treasuries „.___, __....:_ _,..„.__._ --,..----- -% ., , , ---. , - $ 677 64.3AA , Corporate Bonds $ 43.9 $ 42.7 ,s 1 N�— •, CAMP I nvestment Pool 33 9 __ ° :._., �,$ ,,. 3.0 :, ,,,,_ , c...3.;..,,,„1„8,144_,Inmb. . 0 Supranational Bonds $ 24.8 $ 23.2 ° O A. § 3 ...„ 4 gs - § \�`lj�•••,e'B-' ,•a9 p0-�\©� �� TOTAL _ $ 350.7 ,a$ 335.1 „ = �'oUNT�c ;,�o • Investment Portfolio - Investments by Type Quarter End 09/30/23 • 51.7% 19.3% 12.5% 9.4% 7.1% r w fir. s a • r.° &,_ -'-�' P'- � �r a=� 11,,,,.. -*t-#z �x r w� '�i "`- ,„n�„'r, - a - .` *Olt t`"rti�"k, 0, e, ° s h.,sr^ am ti r �' aka„ '.k r m N6 11 0t4 r * ,. E£ I: d:;•1 a y1 ' ,oiloo' - �.! it �r 4 „% Jko „ d .m Y t NM r' T ! S a ° . � 2 Ems._ ; �• �+ ",°e % es ; x "- AEI �" r 3 ka �` *.: IMF s a g.�. ��� s�x • � aro �� *� � , � "�� a�`�„�N a- ���� 5, SA'.: F �,w .* 4 �. �: ���W ra�."w P�. u � _ s . y' .� air' Y iigr ,""' a I„ t } ¢ .:M iiw- � '. ,s n.' �::,��:: '�� �. �§ *�'`"�`' �" � §s a�'#„#. _ � -, >��« �-.-R a. �' ti i �. .�"sfl->�� ,sa i� ;.M, _. �' a�l�my^' �Y� �`@ �A§,a... 3 .. ,";• :.,: re. q l i'�Y f.;' , 101�„'.e'd+.�. n :- ,� IN�n �ar; tw#Y y77 - a° s �:"�'� •-_§ `"R+ a" �°�*� x��' '.'�mac. '§&'W�'wrn� "S,iu�'' m5'Sk b ak y nc "�; ��§ �� ,;,,,A,.,;!". �x.,°e r x .. e�ry ^N# 9� roux., ,fi; - � ''',U.,,,:. , _ `,, g ' ' ' va 0 -' ' O r a +s 5 a °a, lt xt .: 9. fie. ' '. °[ �" sIvr k�r�,"= -'r a x iu .. :. aq i,q �w ��1 �yyq�� '- a y $' a 'W SY�:: Y41.�� Y ���q � t �� � Y&�:R���`ro 1 � ''I,I����.M�`K� o'k '" y��. 4 . "�'2 - x '. sz- "- axit s § ."+§idE -'�•-: • r S °• i'-5Va „ yi N 'r,�. ° ' � gv /- _ � �sy, .y 4 �� �.. ,a :y. • y�.: �'" pia s' �: T � to ��E `, i�h.� �wYr�-.°�:�. a - �',� . °�w'k. t _, '.:"`id�. �'a'»: "d.:r4 PS•� 4a='I�rI `u. 'Y }3" v�I ,., 3 . 1 'TING).`� . �M ,u , l §.4 111� >R ny ° illeyl 'c E a r $' �" N t \ ;. F .7' . . a.. ".. ,ny' 't ",.'t;^'aa,„y, GiG d .dam ' : w,a` ---s'{w ° ° '/ �"' .•.. O \ `'F!`f � f + iy k,an. .. r n &f..+AAAlvi4 �''T - d :. 'Y ft� J '4;2....., TY %: yli y� Nj- i,° ...,z ••••• ,,� 41 .. u. _.... _. . �' r J.� �s .�� Off, o .• q . a • vY: : r„r s�/„..7,.. key -=v '��. 4_ _ '•��°8 i • U.S. Agencies U.S. Treasuries Corporate Bonds ■ CAMP Supranationals °°����►•�•:8 ,;; ga9,p:=•:�© err cot/NIA(- �;\y,1l • Investment Portfolio - Selected Activity Quarter End 09/30/23 _.. __ _ ,, ; . ,,..,,,_..„,.•:„,,,,..T:„„,,,,-,,,,,,Ay:,:tx.„„ . • $2MM P•urchases ,� : •4 . $140MM Matuprities '''''''''''''`.:r":0' Y ism iv' Maturities `rz "3°#: ¢ d"O �' d„ na d,* .g"$'°3q°. f"Y le. 1 j . 'v 1�, dap , , " ad t� # Frt-'v � 'CO..�d....v::..._.. ...a_..._.w,...3'.�,....«:�.,�.,.a.n d...,,..,.: r..,..w�++--...__-......�,-?.�..._ `:.ss._..-., ,,..,.. .n.�.i�.,,.."b m...,,.... ,.e..s..,.�..�.,, v�-�.a-,.�-,.,.i.,.e.v � or Crate Bo-iN sds , . $2MM:Maturipties ; p e ° � n .� ".s -� s� ; x. � �, ,.- �.�.....,�:�.N,..mW.,..�.�:t..w,�..w ,_..M..�.,cu..a..,...-..��,.�..._..... ..,..aWa.w�.,...�,..».,. , ,.,...�.�. � ,s..,�,...,..-�,,.�,_.a,...�,.�.�Pos..eL. '/Ai/��$ �. F a il' + p +, ,.� e> .#�. {�,- w P"�'''� s fib.+ -". r--•.r RW \� T \ R,:e, ' :, eds'' '&n.ad r- a,b, ° $ a4i`.., pe "a*i. r _ 4 ' °� r° 7 '" -s^ �O ,�V CQRPORj._ '��:�' :��°°° ��,y//+++3 $SMM Purchases i o. ,� -- . eFt° -.y cA p. y n. .ti ;4 fie"bs' a',y °° .k" ,• - - t - ,�4 , „�`+ - n .� �� ��� � ��� � � � R� ���;� � `�'� Maturities �_� � : s 9MM $7MM Purchases ivy,,.-- Q��4 ,,,,,c-'f,...a7i,;, .11,;,•?,;iir ItrAfitiS*,114"1:14*'-',:t.;, [ $36MM Maturiues N�� , ,e a °' � ��'ws/ ../ Investment Portfolio - Earnings As of September 30 , 2023 in 000s) • $740,04911 Up 77% Fiscal Year' to-date �� • a • $2,355,3691.1 Up 147% Monthly Effective Annual. Return Ao • 2 595% �/ wNTING 10�4 1c.a: " Fiscal YTD Effective Annual Return: . _ • 2.614% 114. Ay °OUNT`( �P ``/' '�iOs/f Investment Portfolio - Selected Compliance Quarter End 09/30/23 . „,w MAXIMUM SPECIFIED /o . ' INVESTMENT MINIMUM QUALITY IN c MAXIMUM MATURITY', OF.PORTFOLIOI - , tYPE, REQU°IREMENTS �. COMPLIANCE . a s MAXIMUM PER ISSUER . R U.S.Treasuries 5 years None None YES U.S.Agencies 5 years None None YES Supranationals 5 years 30% "AA" Rating Category YES too N 1 N67O� O. O`...ANC 1 •.. \ Corporate Bonds 5 years 30%I10% "A" Rating Category YES ,s --==_.__'••y�� CA Asset _ �_ Management NIA Up to $75,000,000 None - '. � , Q Program (CAMP) YES \`�e'���.,,.Q �� �9 'oQ 00 Maximum Maturities No more than 50%of portfolio maturing over 4 years. YES -POUND�( C��i��l ass//, s Y "4 • • „ „,„,.„,„„„,_,,,,,„,',:.,, ,,.. "..,,,,„„,,,,,........„, , ,,, , „."...,,,,,,,„,,,,,„„,„....„.„ :„.„....„,,„„,,,,„„ „,:i„,..„, ,,„.„,„,„:,z,,,,,,:„..,„,,,":„:„.,,,,,„,, ,,,,„„,„:„.„,,...,„„., Y ri ,Questions ? �? , A „ ram u & m +w t ' ' d C `mot 1, , 5` gy ' a . "1 -4 ay tiss +y � " 4.t . a a 4, 0 a + "r ' _ '„ c,x--s` .,:S`."+s Ma - 6-0a ,, a , ,.=, -4, ; Tir14 �p V p /g1 ,dl4 � "a A fi r % �d, * ,` 5 a yd i k ,,, ,, ..:t. -S ' 4 £ a $) k A ! Fes+} , !+!•-%,*610,4<ie,4'i,',"* - ' 1 ik. r I 'A'tdifqrliera ' ---. 4-:".,,:i' k -"1"`i '''":-:.•"'-'-'' yj t�,..e-t;,° , � Y.' ift Ls',r' e a� r t 5 �. ,. . '.� „ . fi .. c A{, c � o- t 9e 4 rya ° * „ • w a 4 is ,•"�a ,� e ,, u-a I »'r+., w ' t*° if,07 r _ a y "'""$,F ' ¢ �a +^ 1 e«gyp" ° 4'.,. ' r �"'� 4.. "" - '�g " 'F , ,,,...."'F,•,,,�" R a , fin. % „4y.' e �g8<Yx� ."4S".y�t ,'.� 7`�uy`♦` ' ,��t ..iy�" _`♦$� _ �x ir� � ,,qfi�' . r-`\ ° §,°ate �s o ��NTWGj�� 2000 Main Street, o� � A Huntington Beach,CA F 92648 Cityof Huntington Beach o . , aAPPROVEDD 7-0 vF w„.1.--coaFic, \k J irof File #: 23-578 MEETING DATE: 8/1/2023 REQUEST FOR CITY COUNCIL ACTION SUBMITTED TO: Honorable Mayor and City Council Members SUBMITTED BY: Alisa Backstrom, City Treasurer PREPARED BY: Alisa Backstrom, City Treasurer Subiect: Receive and File the City Treasurer's June 2023 Quarterly Report Statement of Issue: Receive and File the City Treasurer's Quarterly Report for June 2023, 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 Report for June 2023, pursuant to Section 17.0 of the Investment Policy of the City of Huntington Beach. Alternative Action(s): Do not receive and file, and provide alternative direction. Analysis: An analysis of the City's investment portfolio as of June 30, 2023 is available in the attached Quarterly Report. Environmental Status: Pursuant to CEQA Guidelines Section 15378(b)(5), administrative activities of governments that will not result in direct or indirect physical changes in the environment do not constitute a project. Strategic Plan Goal: Non Applicable - Administrative Item Attachment(s): 1. City Treasurer's Quarterly Report for June 2023 2. City Treasurer's PowerPoint Presentation for June 2023 City of Huntington Beach Page 1 of 2 Printed on 7/26/2023 powered by Legistar°' File #: 23-578 MEETING DATE: 8/1/2023 City of Huntington Beach Page 2 of 2 Printed on 7/26/2023 powered by LegistarTM CityHuntingtonof Beach Quarterly Investment Report June 2023 •. j 0 8 RP O Rh to,•. e \ 1' . 57 • � •.• (< As.c3; • s \�(j ••i B• 7, 190g uouNTN co;ii# Prepared by: Alisa Backstrom, MBA, CCMT, CPFIM City Treasurer Colin Stevens, MPP Treasury Manager 1 INVESTMENT PORTFOLIO SUMMARY As of June 30, 2023 Portfolio Investments Book Ye-We%of Book Yield Par Value Book Value Market Value Days to Maturity I Port , Contribution ;Local Govt Inv Pools(LGIP) $29,609,946.55 $29,609,946.55 7.87% $29,609,946.55 0.412% 1 US.Treasuries $83,000,000.00 $82,720,223.36 21.98% $79,016,180.00 0.356% 577 'Supranational $29,000,000.00 $29,015.911.05 7.71% $27,325,370.00 0.086% 527 US.Agencies $189,525,000.00 $189,095,763.01 50.24% $179,931.506.25 1.177% 822 4Corporates $46,446,000.00 $45,906,734.74 12.20% $44,687,293.02 0.351% 696 Total $377,580,946.55 $376,348,578.72 10000% $360,570,295.82 2.382% 665 Currently, funds within this portfolio with overnight availability are invested in the California Asset Management Program "CAMP". The CAMP account is considered a "Local Government Investment Pool" or "LGIP" for reporting purposes above. Other funds are invested in U.S. Treasuries, Supranationals (International Bank of Reconstruction and Development "IBRD", Inter-American Development Bank "IADB"), U.S. Agencies, and corporate bonds. Only the investment types allowed under California Government code Section 53601 and the City's Investment Policy Statement are utilized. The Federal Reserve Open Market Committee ("FOMC" or "the Fed") continued to raise the federal funds rate throughout the first half of 2023. Over the last year, the Fed has significantly moved the target rate off the 0% level that it had maintained for two years, with the central bank raising rates ten times since March 2022 in an effort to combat inflation. At the most recent June 2023 meeting, the FOMC maintained the federal funds rate at 5 to 5.25 percent. As interest rates rise, the market value of 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 $360.6 million versus $376.3 million, respectively. As investments are primarily held to maturity, the market value is only a point-in-time meIasurement and no loss is realized. The increasing interest rates will allow excess funds to be invested at higher rates resulting in increased interest income in the future. 2 PORTFOLIO BREAKOUT BY SECTOR As of June 30, 2023 Sector Breakdown Local Govt Inv Corporates Pools (LGIP) 12.20% 7.87% r D.S. , Treasuries 21.98% • • • Supranational — 7.71% U.S. Agencies ., n. 50.24% � : Book Value% of Port The largest holding by security type at month-end was U.S. Agency securities at approximately 50% of the total overall portfolio. This was followed by U.S. Treasury securities at approximately 22% of the total portfolio as of June 30, 2023. Cash held in the Local Government Investment Pools ("LGIP") has been reduced as longer-term securities have seen interest rates rise. INVESTMENT PORTFOLIO EARNINGS As of June 30, 2023 Period Earnings Summary(30 Days) Fiscal YTD Summary(365 Days) Net Period Earnings $730,988.46 Net Period Earnings $5,897,286.92 Last FY Period Net Earnings $336.650.63 Last FY Period Net Earnings $3,492,178.31 Avg Daily Book Balance $379,918.918.66 Avg Daily Book Balance $331,371,561.00 Net Effective Annual Return 2366% Net Effective Annual Return 1.780% l � 3 Earnings for the month of June 2023 were $730,988, an increase of approximately 117% from the same month in the prior year. Fiscal year-to-date earnings of $5,897,287 were up approximately 69% from the previous fiscal year. These higher earnings were due to both the increase in interest rates and the higher average balance of the portfolio. The effective rate of return for June was 2.37%, with a fiscal year-to-date return of 1.78%. The increase in the Junie 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 through 2022 and the first half of 2023. At the end of June, the 12-month moving average of the interpolated 1.5-year U.S. Treasury was 4.28%. The portfolio will lag behind the benchmark, as it will' take time for previously purchased securities to mature and for funds to be reinvested. QUARTERLY PORTFOLIO ACTIVITY - SECURITIES April 1 to June 30, 2023 $ in 000s Transaction Type: Security Type Purchase Maturity/Sale Commercial Paper $0 $5,000 U.S. Treasuries $0 $0 Supranationals $0 $0 U.S. Agencies $60,300 $38,000 Corporate Bonds $6,762 $0 'TOTALS; $67,062 : $43,000 As the Federal Reserve continued to raise rates in the first half of the year, available funds were invested into higher yielding options. For the quarter ending June 30, 2023, thirteen U.S. Agencies were purchased totaling $60.3 million and two corporate bonds (Walmart Inc. and Unilever) were purchased totaling $6.8 million. Seven U.S. Agencies matured for $38 million, and $5 million in Commercial Paper matured. 4 COMPLIANCE SUMMARY As of June 30, 2023 - ° MAXIMUM SPECIFIED% 'INVESTMENT MINIMUM QUALITY IN MAXIMUM MATURITY OF PORTFOLIO/ • - TYPE OF COMPLIANCE MAXIMUM PER ISSUER Commercial Paper 270 days 25%110% Al,"A"Rating Category YES U.S.Treasuries 5 years None None YES U.S.Agencies 5 years None None YES Supranationals 5 years 30% "AA"Rating Category YES Corporate Bonds 5 years 30%110% -A"Rating Category YES CA Asset Management NIA Up to$75,000,000 None Program(CAMP) YES Maximum Maturities No more than 50%of portfolio maturing over 4 years. YES There were no compliance issues during this period. ECONOMIC AND MARKET OVERVIEW MARKET SUMMARY: March 31, 2023 - JUNE 30, 2023 Fed Funds 2-Yr. 10-Yr. As of: Rate Treasury Treasury S&P 500 DJIA 313112023 4.75- 5.00% 4.06% 3.48% $ 4,109.31 $ 33,274.15 6/30/2023 5.00 -5.25% 4.87% 3.81% $ 4,450.38 $ 34,407.60 % Change 5.00% 19.95% 9.48% 8.30% 3.41% The Federal Open Market Committee (FOMC) met in June to discuss the current state of the economy and to examine potential future interest rate adjustments. They concluded that recent indicators suggest that economic activity has continued to expand at a modest pace. In addition, the Committee anticipates that some additional policy firming may be appropriate in order to return inflation to 2 percent over time. The Committee stated that it would take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments. 5 Fixed Income / Equity Markets: The yield on the 10-year U.S. Treasury finished the quarter at 3.81%, up from 3.48% at the end of March. The S&P 500 increased by 8.30% for the quarter while the DJIA increased by 3.41% respectively, over the same period. For he 12-months ending June 30, 2023, the S&P 500 was up 17.57% and the DJIA was up 11.8%. Employment: Total nonfarm payroll employment rose by 209,000 in June, and the unemployment rate was little changed at 3.6 percent. Notable job gains occurred in government, health care, social assistance, and construction. 6 /N esoly147 Portfolio Summary isJ r� �. a� Huntington Beach �y Portfolio:CITY ;, . Reporting Date:(FY2023) Vi''• _,,..-°��°Q�� 06/01/2023-06/30/2023 '''co/Awl' '`'� Full Accrual Basis Par Value Period Earnings Summary(30 Days) Fiscal YTD Summary(365 Days) Period Transactions Net Period Earnings $730,988.46 Net Period Earnings $5,897,286.92 Redemptions 7 Total Par Value $377,580,946.55 Last FY Pericid Net Earnings $336,650.63 Last FY Period Net Earnings $3,492,178.31 Purchases 5 Avg Daily Book Balance $379,918,918.66 Avg Daily Book Balance $331,371,561.00 Total Activity ., 12 Net Effective Annual Return 2.366% Net Effective Annual Return 1.780% Fiscal YTD Transactions Redemptions 16 Purchases 29 Book Value Total Activity 45 Portfolio Book Value $376,348,578.72 r Certification $118,604.00 I certify that this report and the corresponding Accrued Interest Paid at pages attached accurately reflect all portfolio combined investments and conforms with all California state Purchasestatutes and the Huntington Beach investment policy filed on January 17,2023.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations.Market values are provided by US Bank via Interactive Data Corp(IDC) Total Book Value $376,467,182.72 The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes.This period,that rate is equal to:4.280% rI' City Treasurer 06/30/2023 Alisa Backstrom Title Date r. Portfolio Investments Market Value ParValue%of 1 stmen _ Book Val o Book Yield Value Book Value Market Value Days to Maturity Portfolio Market Value $360,570,295.82 Port Contribution Local Govt Inv Pools(LGIP) $29,609,946.55 $29,609,946.55 7.87% $29,609,946.55 0.412% 1 ---•----Accrued-Interest-Paid•at--- --U.S:Treasuries- - - -° — $83,000,000.00 $82,;720,223 36 21.98% —$79,016,180.00 0.356% 577 — $118,604.00 Purchase Supranational $29,000,000.00 $29,015,911.05 7.71% $27,325,370.00 _ 0.086% 527 U.S.Agencies $189,525,000.00 $189,095,763.01 50.24% $179,931,506.25 1.177% 822 Total Market Value $360,688,899.82 Corporates $46,446,000.00 $45,906,734.74 12.20% $44,687,293.02 0.351% 696 Total $377,580,946.55 $376,348,578.72 100.00% $360,570,295.82 2.382% . 665 Reporting Period: Cash By Fund Report Portfolio:CITY 06/30/2023 City of Huntington Beach Accounting ID Pool Description Type Par Value Book Value Market Value Rate %of Portfolio Composite Rating 003 California Asset Management Program LGIP 29,609,946.55 29,609,946.55 29,609,946.55 5.24 7.87% NR CITY Fund Total 29,609,946.55 29,609,946.55 29,609,946.55 7.87% Report Run Date: Jul 11,2023 8 Page:1 Reporting Period: Securities By Structure Report Portfolio:CITY 06/30/2023 City of Huntington Beach I Effective Days to (%)of 'Accounting ID Cusip Security Description Purchase Date Par Value Book Value Market Value Book Yield Duration Maturity Portfolio Mdy/S&P/Fitch 4352 912828592 T 1.250 07/31/2023(0.08Yr-Fixed) 01/14/2022 5,000,000.00 5,002,206.04 4,984,650.00 0.711 0.08 30 1.33% Aaa/AA+/AAA 4357 91282CCN9 T 0.125 07/31/2023(0.08Yr-Fixed) 02/02/2022 5,000,000.00 4,996,467.14 4,980,600.00 0.991 0.08 30 1.33% Aaa/AA+/AAA 4354 9128282D1 T 1.375 08/31/2023(0.17Yr-Fixed) 01/21/2022 5,000,000.00 5,003,896.93 4,968,800.00 0.903 0.17 61 1.33% Aaa/AA+/AAA 4364 9128286Z8 T 1.750 06/30/2024(1.00Yr-Fixed) 05/02/2022 7,000,000.00 6,933,796.39 6,751,430.00 2.730 0.97 365 1.84% Aaa/AA+/AAA 4370 912828XX3 T 2.000 06/30/2024(1.00Yr-Fixed) 05/27/2022 _ 5,000,000.00 4,977,634.80 __ _4,835,150.00 2.462 _0.97 365 1.32% Aaa/AA+/AAA 4353 912828Y87 T 1.750 07/31/2024(1.08Yr-Fixed) 01/14/2022 5,000,000.00 5,038,576.96 4,809,000.00 1.028 1.04 396 1.34% Aaa/AA+/AAA 4358 912828Y87 T 1.750 07/31/2024(1.08Yr-Fixed) 02/11/2022 4,000,000.00 4,006,557.51 3,847,200.00 1.595 1.04 396 1.06% Aaa/AA+/AAA 4361 912828D56 T 2.375 08/15/2024(1.13Yr-Fixed) 03/22/2022 5,000,000.00 5,007,322.55 4,838,500.00 2.240 1.08 411 1.33% Aaa/AA+/AAA 4298 912828YH7 T 1.500 09/30/2024(1.25Yr-Fixed) 12/05/2019 5,000,000.00 4,994,290.74 4,770,700.00 1.595 1.21 457 1.33% Aaa/AA+/AAA 4350 912828YM6 T 1.500 10/31/2024(1.34Yr-Fixed) 12/31/2021 3,000,000.00 3,022,872.35 2,854,440.00 0.920 1.29 488 0.80% Aaa/AA+/AAA 4376 91282CEU1 T 2.875 06/15/2025(1.96Yr-Fixed) 11/18/2022 3,000,000.00 2,922,802.82 2,885,730.00 4.276 1.87 715 _0.78% Aaa/AA+/AAA 4330 - 91282CAB7 T 0.250 07/31/2025(2.08Yr-Fixed) - 05/19/2021 5,000,000.00 4,962,495.70 4,549,800.00 0.615 2.02 761 - 1.32% Aaa/AA+/AAA 4340 91282CAJ0 T 0.250_08/31/2025_ (2.17Yr-Fixed) 0_9/27/2021 5,000,000.00 4,948,2_21.76 4,536,350.00 _0.735 2.11_ 792 1.31% _Aaa/AA+/AAA_ 4351 9128284Z0 -- T 2.750 08/31/2025(2.17Yr-Fixed) 12/31/2021 5,000,000.00 - 5,174,370.13 4,789,450.00 1.103 2.05 792 -1.37% Aaa/AA+/AAA 4341 91282CCP4 T 0.625 07/31/2026(3.08Yr-Fixed) 09/30/2021 5,000,000.00 4,951,125.60 4,454,500.00 0.950 2.97 1,126 1.32% Aaa/AA+/AAA 4339 91282CCW9 T 0.750 08/31/2026(3.17Yr-Fixed) 09/23/2021 1,000,000.00 995,668.47_ 891,880.00_ 0.890_ 3.04_ 1,157 0.26% Aaa/AA+/AAA 4342 91282CCW9 T 0.750 08/31/2026(3.17Yr-Fixed) 11/23/2021 5,000,000.00 4;918,015.39 4,459,400.00 -1.285 3.04 1,157 1.31% Aaa/AA+/AAA 4379 91282CEW7 T 3.250 06/30/2027(4.00Yr-Fixed) 12/29/2022 5,000,000.00 4,863,902.07 4,808,600.00 4.000 3.68 1,460 1.29% Aaa/AA+/AAA U.S.Treasuries Total 83,000,000.00 82,720,223.36 79,016,180.00 21.98% 4290 45818WBX3 IADB 2.870 07/20/2023(0.05Yr-Fixed) 03/28/2019 4,000,000.00 4,001,198.76 3,995,520.00 2.270 0.05 19 1.06% Aaa/AAA/AAA 4291 45818WBY1 IADB 2.960 08/16/2023(0.13Yr-Fixed) 03/28/2019 5,000,000.00 5,004,076.52 4,984,550.00 2.271 0.13 46 1.33% Aaa/AAA/AAA 4323 459056HV2 IBRD 1.500 08/28/202-4(1.16Yr-Fixed) 04/23/20-2 5,000,000.00 5,061,736.76 4,783,750.00 0.425 1.12 424 1.34% Aaa/AAA/AAA 4338 459058JE4 IBRD 0.376 07/28/2025(2.08Yr-Fixed) 07/30/2021 _ 5,000,000.00 4,978,701.67 _4,564,100.00 0.583 2.01 758 1.32% Aaa/AAA/AAA 4319 459058JL8 IBRD 0.50010/28/2025(2.33Yr-Fixed) 01/12/2021 5,000,000.00 4,998,666.43 4,538,200.00 0.512 2.25 850 -1.33% Aaa/AAA/AAA 4324 45906M2L4 IBRD 0.650 02/24/2026(2 65YrNC181Mo-Dq Fixed) 04/30/2021 5,000,000.00 4,971530 91 4,459 250.00 0.870 2.55 969 _1.32%_ Aaa/AAA/AAA i Supranational Total 29,000,000.00 29,015,911.05 27,325,370.00 7.71% 4383 3130AUHE7 FHLB 0.000 07/26/2023(0.07Yr-Disco) 01/18/2023 5,000,000.00 5,000,380.32 4,998,200.00 4.755 0.07 25 1.33% Aaa/AA+/NR 4289 3135G0U43 FNMA 2.875 09/12/2023(0.20Yr-Fixed) 03/15/2019 5,000,000.00 5,003,802.47 4,974 350 00 2.465 0.20 73 1.33% Aaa/AA+/AAA 4377 313384ND7 FHDN 0.000 10/19/2023(0.30Yr-Disco) 12/05/2022 3,000,000.00 2,957,787.50 4.817 0.30 110 0.79% P-1/A-1+/NR 4387 3130AUXN9 FHLB 5.000 02/15/2024(0.63Yr-Fixed) 04/25/2023 3,000,000.00 3,001,228.14 2,988,540.00 4.923 0.60 229 0.80% Aaa/AA+/NR 4292 3133ECHX5 FFCB 2.260 03/13/2024(0.70Yr-Fixed) 05/23/2019 5,000,000.00 5,000,786.59 4,878,400.00 2.236 0.68 256 1.33% Aaa/AA+/AAA _ __ __437.8 _3130ATVC8__- FHLB_4.875 06/14/2024(0.9.6Yr=Fixed) 12/28/2022_ 5,000,000.00______ 5,005,7.05.80 4,971,100.00_- _4.740_ 0.92 __349 __1.33%_ _Aaa/AA±/NR__ __ 4348 3130AQD42 FHLB 0.920 06/28/2024(0.99YrNC2.96Mo-DgFixed) 12/28/2021 5,000,000.00 5,000 000.00 4,781,150.00 0.920 0.97 363 1.33% Aaa/AA+/NR 4380 3134GYCP5 FHLMC 5.000 07/23/2024(1.06YrNC3.78Mo-1x-Fixed) 01/23/2023 5,000,000.00 5,000,000.00 4,966,600.00 5.000 0.84 388 1.33% Aaa/AA+/AAA 4344 3130AQ3C5 FHLB 1.000 08/28/2024(1.16YrNC1.94Mo-Dq-Fixed) 12/02/2021 4,000,000.00 4,000,000.00 3,798,800.00 1.000 1.12 424 1.06% Aaa/AA+/NR 4373 3133XVDG3 FHLB 4.375 09/13/2024(1.20Yr-Fixed) 09/23/2022 5,000,000.00 5,007,636.06 4,938,400.00 4.240 1.14 440 1.33% Aaa/AA+/NR 4336 3130AMXJ6 FHLB 0.500 09/30/2024(1.25YrNC3.02Mo-Dq-Fixed) 06/30/2021 5,000,000.00 - 5,000,000.00 4,701,050.00 0.500 1.22 457 1.33% Aaa/AA+/NR 4346 3130AQD59 FHLB 1000 09/30/2024(125YrNC3 02Mo-Dq Fixed) 12/30/2021 5,000,000.00 5,000,000.00 4,730 950.00 1.000 1.21 457 1.33% Aaa/AA+/NR 4349 _ 3130AQD59 FHLB 1.000 09/30/2024(1.25YrNC3.02Mo-Dq-Fixed) 12/30/2021 5,000,000.00 5,000,000.00 4,730,950.00 1.000 1.21 457 1.33% Aaa/AA+/NR 4334 3130AMW65 FHLB 0.500 12/30/2024(1.50YrNC3.02Mo-Dq-Fixed) 06/30/2021 5,000,000.00 5,000,000.00 4,652,200.00 0.500 1.46 548 1.33% Aaa/AA+/NR 4332 3130AMQ62 FHLB 0.625 03/14/2025(1.70YrNC2.50Mo-Dq-Fixed) 06/14/2021 5,000,000.00 5,000,000.00 4,631,150.00 0.625 1.65 622 1.33% Aaa/AA+/NR 4397 3130AWER7 FHLB 4.625 06/06/2025(1.93Yr-Fixed) 06/15/2023 3,000,000.00 2,998,152.53 2,978,490.00 4.659 1.82 706 0.80% Aaa/AA+/NR Report Run Date: Jul 11,2023 9 Reporting Period: Securities By Structure Report Portfolio:CITY 06/30/2023 City of Huntington Beach Accounting ID Cusip Security Description Purchase Date Par Value Book Value Market Value Book Yield Effective Days to (%)of Mdy/S&P/Fitch Duration Maturity Portfolio 4329 3135G04Z3 FNMA 0.500 06/17/2025(1.96Yr-Fixed) 05/14/2021 5,000,000.00 4,987,610.25 4,590,400.00 0.628 1.91 717 1.33% Aaa/AA+/AAA 4381 3135G04Z3 FNMA 0.500 06/17/2025(1.96Yr-Fixed) 01/13/2023 5,000,000.00 4,674,868.42 4,590,400.00 4.013 1.91 717 1.24% Aaa/AA+/AAA 4345 3130AQ5S8 FHLB 1.250 06/30/2025(2.00YrNC3.02Mo-Dq-Fixed) _12/30/2021 __ 4,650,000.00 4,650,000.00 4,318,966.50 1.250 1.93 730 1.24% _Aaa/AA+/NR 4327 3130AMDL3 FHLB 0.80007/25/2025(2.07YrNC1.84Mo-Dq-Fixed) 05/25/2021 5,00'0,000.00 - 5,000,000.00 4,593,900.00 -0.800_ 2.00 755 1.33%- Aaa/AA+/NR 4360 3130AQT94__ FHLB 1.600 08/28/2025(2.16Yr-Fixed) 03/04/2022 4,575,000.00 4,554,448.07 4,262,115.75 1.816 2.06 _789 1.21% Aaa/AA+/NR 4331 3130AMQ54 FHLB 0.700 09/16/2025(2.21YrNC2.56Mo-Da-Fixed) 06/16/2021 5,000,000.00 5,000,000.00 4,562,100.00 0.700 2.14 808 1.33% Aaa/AA+/NR 4318 3135GA2Z3 FNMA 0.560 11/17/2025(2 38YrNC4.60Mo-Da Fixed) 01/11/2021 3,000,000.00 3,001,617.87 2,718,750.00 0.500 2.31 870 0.80% Aaa/AA+/AAA 4320 3130AKN36 FHLB 0.525 01/15/2026(2.54YrNC0.49Mo-Dq-Fixed) 01/15/2021 5,000,000.00 4,997,461.11 4,491,850.00 0.545 2.46 929 1.33% Aaa/AA+/NR 4321 3130AKN85 FHLB 0.550 01/20/2026(2.56YrNC0.66Mo-Dq-Fixed) 01/20/2021 5,000,000.00 4,998,723.61 4,492,950.00 0.560 2.47 934 1.33% Aaa/AA+/NR 4322 3130AKUS3 FHLB 0.500 01/28/2026(2.58YrNC0.92Mo-Dq-Fixed) 01/28/2021 5,000,000.00 5,000,000.00 4,483,600.00 0.500 2.49 942 1.33% Aaa/AA+/NR 4333 3130ALEY6 FHLB 0.800 03/04/2026_ (2.67YrN_C2.17Mo-Dq-Fixed)_ 06/10/2021 5,000,000.00 5,000,000.00 4,502,950.00 0.800 2.57 _977 1.33% Aa_a/AA+/NR 4328 3130AMJN3 FHLB 1.030 05 26/2026(2.90YrNC1.87Mo-Dq-Fixed)- 05/26/2021 5,000,000.00 5,000,000.00 4,505,700.00 -1.030 2.78 1,060 1.33%- Aaa/AA+/NR 4335 3130AMFS6 FHLB_0.750 06/12/2026(2.95Yr-Fixed) 06/17/2021 5,000,000.00 4,982,267,41 4,458,750.00 0.873 2.84 1,077__1.32% _Aaa/AA+/NR 4388 3130AVWS7 FHLB 3.750 06/12/2026(2.95Yr-Fixed) 05/09/2023 3,000,000.00 -2,996,024.82 2,919,360.00 -3.796 2.73 1,077 0.80% Aaa/AA+/NR 4398 3133EPNG6 FFCB 4.375 06/23/2026(2.98Yr-Fixed) 06/23/2023 3,000,000.00 2,998,660.00 2,990,040.00 4.391 2.75 1,088 0.80% Aaa/AA+/AAA 4347 3130AQ7E7 FHLB 1.500 06/30/2026(3.00YrNC3.02Mo-Dq-Fixed) 12/30/2021 5,000,000.00 5,001,332.10 4,552,250.00 1.339 _ 2.85 _1,095_ 1.33% Aaa/AA+/NR 4384 3130AUMC5 FHLB 3.750 07/20/2026(3.05Yr-Fixed) 01/19/2023 5,000,000.00 5,000,000.00 4,865,700.00 3.750 2.78 1,115 1.33% Aaa/AA+/NR 4356 3130AQS79 FHLB 1.375 08/07/2026(3.10YrNC13.27Mo-1x-Step) 02/07/2022 5,000,000.00 5,000,000.00 4,606,150.00 1.375 2.88 1,133 1.33% Aaa/AA+/NR 4386 3133EPGT6 - FFCB 3.875 04/26/2027(3.82Yr-Fixed) -04/26/2023 5,000,000.00 4,994,509.55 4,902,050.00 3.906 3.47 1,395 1.33% Aaa/AA+/AAA 4389 3133EPJP1 FFCB 3.625 05/12/2027(3.86Yr-Fixed) 05/12/2023 5,000,000.00 4,986,621.28 4,852,500.00 3.700 3.52 1,411 1.33% Aaa/AA+/AAA 4392 3130AW4N7 - FHLB 3.630 06/04/2027(3.93Yr-Fixed) _-- 05/18/2023 5,000,000.00 5,000,000.00 - 4,849,950._00 3.630_ 3.58 1,434 1.33% Aaa/AA+/NR 4396 3133EPMV4 FFCB 4.125 06715/2 027(3.96Yr-Fixed) 06/15/2023 5,0-00,000.00 4,999,060.56 4,964,500.00 -4.130 3.59 1,445 1.33% Aaa/AA+/AAA 4385 3134GYPF3 FHLMC 4.750 07/12/2027(4.03YrNC12.42Mo-Da-Fixed) _04/24/2023 3,300,000.00 3,295,268.48 3,242,844.00 4.791 2.14 1,472 _ 0.88% Aaa/AA+/AAA ___ 4395 - 3130AWC24 FHLB 4.000_ 06/09/2028(4.94Yr-Fixed) 06/13/2023 5,000,000.00 5,004,553.90 - 4,968,900.00 -_ 3.979 �4.40 -1,805 _1 _ Aaa/AA+/NR 4399 3130AWC24 - _ FHLB 4.000 06/09/2028(4.94Yr-Fixed) 06/27/2023 5,000,000.00 4,997,256.17 - 4,968,900.00 _ 4.012 4.40 1,805 1.33% -Aaa/AA+/NR U.S.Agencies Total 189,525,000.00 189,095,763.01 179,931,506.25 50.24% 4306 90331HNV1 USB 3.400 07/24/2023(0.06Yr-Fixed) 02/21/2020 2,000,000.00 2,002,085.86 1,997,300.00 1.671 0.06 23 0.53% A2/A+/A+ 4300 254687CR5 DIS 4.000 10/01/2023(0.25Yr-Fixed) 12/16/2019 2,875,000.00 2,888,269.23 2,861,775.00 2.070 0.25 92 0.77% A2/A-/A- 4355 67066GAL8 NVDA 0.584 06/14/2024(0.96Yr-Fixed) 01/24/2022 5,000,000.00 4,968,830.87 4,776,500.00 1.250 0.93 349 1.32% A1/A+/ 4325 91159HHX1 USB 2.400 07/30/2024(1.08YrNC11.96Mo-Cc-Fixed) 04/30/2021 3,809,000.00 3,883,211.69 3,673,970.95 0.528 1.04 395- 1.03% A3/A/A 4343 14913R2P1 CAT 0.600 09/13/2024(1.20Yr-Fixed) 12/02/2021 5,000,000.00 4,977,536.86 4,719,550.00 0.980 1.17 440 1.32% A2/A/A+ 4371 459200KS9 IBM 4.000 07/27/2025(2.07Yr-Fixed) 08/11/2022 6,000,000.00 6,022,044.09 5,864,520.00 3.810 1.92 757 1.60% A3/A-/ 4372 931142EW9 WMT 3.900 09/09/2025(2.19Yr-Fixed) 09/22/2022 5,000,000.00 4,974,447.24 4,900,200.00 4.150 2.04 801 1.32% Aa2/AA/AA 4382 - 717081DV2 P_FE_-2.750 06/03/2026(2.92_Yr-Fixed) _ - 01/18/2023_-- .5,000,000.00 4,811,938.77 _--4,724,900.00 --.4.142 ---2.74--- 1,068- -- _1 _- Al/A+/A--- 4375 110122CN6 BMY 3.200 06/15/2026(2.96YrNC33.51Mo-Cc-Fixed) 11/16/2022 5,000,000.00 4,826,903.96 - 4,785,100.00 4.480 2.72 1,080 1.28% A2/A+/ - 4390 931142EM1 WMT 3.050 07/08/2026(3.02YrNC34.27Mo-Cc-Fixed) 05/15/2023 4,257,000.00 4,172,539.47 4,071,863.07 3.752 2.75 1,103 1.11% Aa2/AA/AA 4391 904764AU1 UNANA 2.000 07/28/2026(3 07Yr Fixed) 05/15/2023 2,505,000.00 2,378,926.72 2,311,614.00 . 3.752 2.89 1,123 -0.63% A1/A+/A Corporates Total 46,446,000.00 45,906,734.74 44,687,293.02 12.20% Holdings Total 347,971,000.00 346,738,632.17 330,960,349.27 92.13% Report Run Date: Jul 11,2023 10 ° ' .a , ° Cash/Money Market/LGIP Activity Report '= Huntington Beach .=ri Portfolio:CITY 92fFr p�°it Reporting Date:06/30/2023 Cash/Money Market Account Activity Accounting ID Description Activity Date Transaction Type Transaction Amount 003 California Asset Management Program 06/01/2023 Interest Received $124,202.00 003 California Asset Management Program 06/06/2023 Deposit $1,000,000.00 003 California Asset Management Program 06/29/2023 Deposit $3,000,000.00 Activity Total $4,124,202.00 „,,,_.0 -.....I".„, 11 "el NG/0* 01° O -. '.r.°F Bond Redemption Activity Report 1 Huntington Beach ?, ` -° Qz, Portfolio:CITY 6'F�u4 Nn """ Reporting Date:06/30/2023 Redemption Transactions Transaction. Settlement Accounting ID Type Cusip Description Price Date Posted Date Par Value Principal Accrued Interest Total 4368 Maturity 313383MD0 FHLB 2.625 06/09/2023 100.00000 06/09/2023 06/09/2023 $7,000,000.00 $7,000,000.00 $0.00 $7,000,000.00 4281 Maturity 313383QR5 FHLB 3.250 06/09/2023 100.00000 06/09/2023 06/09/2023 $5,000,000.00 $5,000,000.00 $0.00 $5,000,000.00 4393 Maturity 313384GR4 FHDN 0.000 06/09/2023 100.00000 06/09/2023 06/09/2023 $10,000,000.00 $10,000,000.00 $0.00 $10,000,000.00 4287 Maturity 3137EAEN5 FHLMC 2.750 06/19/2023 100.00000 06/19/2023 06/20/2023 $3,000,000.00 $3,000,000.00 $0.00 $3,000,000.00 4288 Maturity 3137EAEN5 FHLMC 2.750 06/19/2023 100.00000 06/19/2023 06/20/2023 $3,000,000.00 $3,000,000.00 $0.00 $3,000,000.00 4394 Maturity 313384HK8 FHDN 0.00006/27/2023 100.00000 06/27/2023 06/27/2023 $5,000,000.00 $5,000,000.00 $0.00 $5,000,000.00 4374 Maturity 62479MTW3 MUFGBK 0.000 06/30/2023 100.00000 06/30/2023 06/30/2023 $5,000,000.00 $5,000,000.00 $0.00 $5,000,000.00 Activity TotalI $38,000,000.00 $38,000,000.00 $0.00 $38,000,000.00 12 40a 1.INcr�'y t ° ';�,� Bond Purchase Activity Report " .r is Huntington Beach b �Z Portfolio:CITY (44s.. #6F�ouN !ri - i Reporting Date:06/30/2023 Purchase Transactions Transaction Settlement Accounting ID Type Cusip Description Price . Date Posted Date Par Value Principal Accrued Interest Total 4395 Buy 3130AWC24 FHLB 4.000 06/09/2028 100.09200 06/13/2023 06/13/2023 5,000,000.00 $5,004,600.00 $6,666.67 $5,011,266.67 4396 Buy 3133EPMV4 FFCB 4.125 06/15/2027 99.98100 06/15/2023 06/15/2023 5,000,000.00 $4,999,050.00 $0.00 $4,999,050.00 4397 Buy 3130AWER7 FHLB 4.625 06/06/2025 99.93700 06/15/2023 06/15/2023 3,000,000.00 $2,998,110.00 $1,156.25 $2,999,266.25 4398 Buy 3133EPNG6 FFCB 4.375 06/23/2026 99.95500 06/23/2023 06/23/2023 3,000,000.00 $2,998,650.00 $0.00 $2,998,650.00 4399 Buy 3130AWC24 FHLB 4.000 06/09/2028 99.94500 06/27/2023 06/27/2023 5,000,000.00 $4,997,250.00 $14,444.44 $5,011,694.44 l ....__..... ... ......... 1 ._....._._.__ I Activity Total. .-.........._ 1.. — 1 21,000 000.00 $20,997,660.00 $22,267.36 $21,019,927.36 13 ° mF Bond Interest Received Activity Report (�; ..,-, Huntington Beach S,'1,.. ••;:- /ZPortfolio:CITY "e „7r.. '° °� Reporting Date:06/30/2023 Bond Interest Received , _ Accounting ID Transaction Type Cusip Description "' Date Posted, Interest Received Purchased Interest Adjustment Net Interest 4382 Interest Income 717081DV2 PFE 2.750 06/03/2026 06/05/2023 $68,750.00 $17,187.50 $51,562.50 4392 Interest Income 3130AW4N7 FHLB 3.630 06/04/2027 06/05/2023 $8,066.67 $8,066.67 4281 Interest Income 313383QR5 FHLB 3.250 06/09/2023 06/09/2023 $81,250.00 $81,250.00 4368 Interest Income 313383MD0 FHLB 2.625 06/09/2023 06/09/2023 $91,875.00 $91,875.00 4335 Interest Income 3130AMFS6 FHLB 0.750 06/12/2026 06/12/2023 $18,750.00 $18,750.00 4355 Interest Income 67066GAL8 NVDA 0.584 06/14/2024 06/14/2023 $14,600.00 $14,600.00 4378 Interest Income 3130ATVC8 FHLB 4.875 06/14/2024 06/14/2023 $146,927.08 $34,531.25 $112,395.83 4375 Interest Income 110122CN6 BMY 3.200 06/15/2026 06/15/2023 $80,000.00 $80,000.00 4376 Interest Income 91282CEU1 T 2.875 06/15/2025 06/15/2023 $43,125.00 $43,125.00 4287 Interest Income 3137EAEN5 FHLMC 2.750 06/19/2023 06/20/2023 $41,250.00 $41,250.00 4381 Interest Income 3135G04Z3 FNMA 0.500 06/17/2025 06/20/2023 $12,500.00 $1,805.56 $10,694.44 4288 Interest Income 3137EAEN5 FHLMC 2.750 06/19/2023 06220/2023 $41,250.00 $41,250.00 . 4329 Interest Income 3135G04Z3 FNMA 0.500 06/17/2025 06/20/2023 $12,500.00 $12,500.00 4348 Interest Income 3130AQD42 FHLB 0.920 06/28/2024 06/28/2023 $23,000.00 $23,000.00 4334 Interest Income 3130AMW65 FHLB 0.50012/30/2024 _06/30/2023 $12,500.00 _ $12,500.00 4345 Interest Income 3130AQ5S8 FHLB 1.250 06/30/2025 06/30/2023 $29,062.50 _ $29,062.50 4346 Interest Income 3130AQD59 — FHLB 1.000 09/30/2024 __ 06/30/2023 $25,0_00.00 $25,000.00 4347 Interest Income 3130AQ7E7 FHLB 1.500 06/30/2026 06/30/2023 $37,500.00 — $37,500.00 4349 Interest Income 3130AQD59 FHLB 1.000 09/30/2024 -- 06/30/2023 — $25,000.00 $25,000.00 4364 Interest Income 9128286Z8 T 1.750 06/30/2024 06/30/2023 $61,250.00 $61,250.00 4370 Interest Income 912828XX3 T 2.000 06/30/2024 06/30/2023 $50,000.00 $50,000.00 4379 Interest Income 91282CEW7 T 3.250 06/30/2027 06/30/2023 $81,250.00 $81,250.00 Activity Total $1,005 406.25 $53,524.31 I $951,881.94:. 14 . Statement of Cash Receipts and Disbursements and ,,, � Summary of Cash by Fund tip' n= City Treasurer's Office -% June 2023 Cash Receipts and Disbursements May 2023 June 2023 Receipts General Fund Property Tax $ 16,969,943 $ 635,888 Local Sales Tax 3,959,843 4,370,590 Public Safety Sales Tax 216,344 274,224 Transient Occupancy Tax(TOT) 1,713,059 1,119,474 Utility Users Tax(UUT) 1,837,432 1,607,817 Other Revenue 10,850,141 4,853,884 Total General Fund Revenue 35,546,761 12,861,878 Total All Other Funds Revenue 33,776,163 19,635,859 Total Receipts $ 69,322,924 $ 32,497,737 Disbursements General Fund Personnel Services (11,028,837) (16,358,797) Operating Expenses (2,698,092) (5,509,899) Capital Expenditures (726) (27,811) Non-Operating Expenses (585,805) (1,105,781) Total General Fund Disbursements (14,313,460) (23,002,288) Total All Other Funds Disbursements (18,245,710) (37,365,514) Total Disbursements (32,559,170) (60,367,802) Net Change in Cash Flow $ 36,763,754 $ (27,870,066) Summary of Cash by Fund May 2023 June 2023 General Fund $ 137,060,420 $ 126,920,010 General Fund Other 3,371,414 3,431,049 Capital Projects Funds 26,101,610 29,613,575 Debt Service Funds 42,323,578 24,297,271 Enterprise Funds 87,443,117 89,301,455 Trust and Agency Funds 14,465,862 13,326,570 Internal Service Funds 22,949,133 21,649,606 Special Revenue Funds 76,116,877 73,422,410 General Ledger Cash Balances * $ 409,832,011 $ 381,961,946 *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. OoF:5�1ly6`- Portfolio Summary , / .r = F Huntington Beach i� „ i= Portfolio:CITY 9 /s Reporting Date:(FY2023) ;1.1; ������� 05/01/2023-05/31/2023 c°,,h"n '`� Full Accrual Basis ° • Par Value Period Earnings Summary(31 Days) Fiscal YTD Summary(335 Days). Period Transactions Net Period Earnings $705,575.05 Net Period Earnings $5,166,298.46 Redemptions 1 Total Par Value $390,456,744.55 Last FY Period Net Earnings $352,940.60 Last FY Period Net Earnings ' $3,155,527.68 Purchases 7 Avg Daily Book Balance $376,362,205.84 Avg Daily Book Balance $326,958,164.85 Total Activity 8 Net Effective Annual Return 2.230% Net Effective Annual Return 1.723% Fiscal YTD Transactions Redemptions 9 Purchases 24 Book Value Total Activity 33 • Portfolio Book Value $389,149,868.29 = $149,860.95Certification Accrued Interest Paid at I certify that this report and the corresponding pages attached accurately reflect all portfolio combined investments and conforms with all California state Purchasestatutes and the Huntington Beach investment policy filed on January 17,2023.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations.Market values are provided by US Bank via Interactive Data Corp(IDC) Total Book Value $389,299,729.24 The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes.This period,that rate is equal to:4.060% r'I{{E City Treasurer 05/31/2023 Alisa Backstrom Title Date Portfolio Investments - Market Value Book Value%of Book Yield Par Value . Book Value ° Market Value Days to Maturity Portfolio Market Value" $374,658,138.26 Port Contribution Local Govt Inv Pools(LGIP) $25,485,744.55 $25,485,744.55 6.55% $25,485,744.55 0.338% 1 Accrued Interest Paid at. $149,860.95 Commercial Paper $5,000,000.00 $4,982,076.39 1.28% $4,979,200.00 0.059% 29 Purchase U.S.Treasuries $83,000,000.00 $82,712,107.82 21.25% $79,313,690.00 0.344% 607 Supranational $29,000,000.00 $29,023,163.66 7.46% $27,457,350.00 0.083% 557 Total Market Value $374,807,999.21 U.S.Agencies $201,525,000.00 $201,047,537.66 51.66% $192,497,413.50 1.209% 648 Corporates $46,446,000.00 $45,899,238.21 11.79% $44,924,740.21 0.340% 725 Total $390,456,744.55 $389,149,868.29 100.00% . $374,658,138.26 2.373% 591 15 Reporting Period: Cash By Fund Report Portfolio:CITY 05/31/2023 City of Huntington Beach Accounting ID' Pool Description Type Par Value Book Value Market Value Rate %of Portfolio Composite Rating 003 California Asset Management Program LGIP 25,485,744.55 25,485,744.55 25,485,744.55 5.16 6.55% NR CITY Fund Total 25,485,744.55 25,485,744.55 25,485,744.55 6.55% Report Run Date: Jul 11,2023 16 Reporting Period: Securities By Structure Report Portfolio:CITY 05/31/2023 City of Huntington Beach [AccnlJD Cusip Security Description Purchase Date Par Value Book Value' Market Duration Maturity Port Value Book Yield Effective Days to rt of folioMdy/S&P/Fitch 4374 62479MTW3 MUFGBK 0.000 06/30/2023(0 08Yr Disco) 10/05/2022 5,000,000.00 4,982,076.39 4,979 200.00 4.602 0.08 29 1.28% P-1/A-1/F1 Commercial Paper Total 5,000,000.00 4,982,07'6.39 4,979,200.00 1.28% 4352 912828592 T 1.250 07/31/2023(0.16Yr-Fixed) 01/14/2022 5,000,000.00 5,004,412.08 4,966,450.00 0.711 0.16 60 1.29% Aaa/A4+/AAA 4357 - 91282CCN9 T 0.125 07/31/2023(0.16Yr-Fixed) 02/02/2022 5,000,000.00 4,992,934.28 4,956,600.00 0.991 0.16 60 1.28% Aaa/AA+/AAA 4354 9128282D1 T 1.375 08/31/2023(0.25Yr-Fixed) 01/21/2022 5,000,000.00 5,005,813.46 - 4,950 200.00 0.903 0.25 91 1.29% Aaa/AA+/AAA 4364 9128286Z8 - T 1.750 06/30/2024(1.08Yr-Fixed) 05/02/2022 7,000,000.00 -- 6,928,355.00 6,751,150.00 2.730 1.04 395 1.78% Aaa/AA+/AAA 4370 912828XX3 T 2.000 06/30/2024(1.08Yr-Fixed) 05/27/2022 5,000,000.00 4,975,796.57 4,835,150.00 2.462 1.04 395 1.28% Aaa/AA+/AAA 4353 912828Y87 T 1.750 07/31/2024(117Yr-Fixed) 01/14/2022 5,000,000 00 5,041499.46 __.. 4,815 250.00 1.028 __ 1.13 _ 426_ _130% _Aaa/AA+/AAA 4358 912828Y87 T 1.750 07/31/2024(1.17Yr-Fixed) 02/11/2022 4,000,000.00 4,007,054.30 3,852,200.0-0 1.595 1.13 426 103% Aaa/AA+/AAA 4361 _91282_8D56 T 2.375 08/15/2024(1.21Yr-Fixed) 03/22/2022 5,000,000.00 5,007,857.04 4,847,650.00 2.240 1.16 441 1.29% Aaa/AA+/AAA - 4298 - 912828YH7 T 1.500 09/30/2024(1.33Yr-Fixed)- - 12/05/2019 5,000,000.00 4,993,915.96 4,783,800.00 1.595 1.29 487 1.28% Aaa/AA+/AAA/A _ 4350 912828YM6 T 1.500 10/31/2024(1.42Yr-Fixed) 12/31/2021 3,000,000.00 3,024,278.43 w - 2,865,000.00 0.920 1.37 518 0.78% AaaA+/AAA 4376 91282CEU1 T 2.875 06/15/2025(2.04Yr-Fixed) 11/18/2022 3,000,000.00 2,919,563.78 2,911,290.00 4.276 1.92 745 0.75% Aaa/AA+/AAA 4330 91282CAB7 T 0.250 07/31/2025(2.17Yr-Fixed) 05/19/2021 5,000,000.00 4,961,017.21 4,583,200.00 0.615 2.11 791 1.27% Aaa/AA+/AAA 4340 91282CAJ0 T 0.250 08/31/2025(2.25Yr-Fixed) 09/27/2021 5,000,000.00 4,946,260.46 4,570,900.00 0.735 2.19 822 1.27% Aaa/AA+/AAA 4351 9128284Z0 T 2.750 08/31/2025(2.25Yr-Fixed) 12/31/2021 5,000,000.00 5,180,975.06 4,835,950.00 1.103_ 2.13 822 1.33% Aaa/AA+/AAA 4341 91282CCP4 T 0.625 07/31/2026(3.16Yr-Fixed) 09/30/2021 5,000,000.00 4,949,823.44 4,500,600.00 0.950 3.05 -1,156 1.27% Aaa/AA+/AAA 4339 91282CCW9 T 0.750 08/31/2026(3.25Yr-Fixed) 09/23/2021 1,000,000.00 995,556.16 901,600.00 0.890 _ 3.13 1,187_ 0.26% Aaa/AA+/AAA 4342 91282CCW9 T 0.750 08/31/2026(3.25Yr-Fixed) 11/23/2021 5,000,000.00 4,915,889.60 4,508,000.00 1.285 3.13 1,187 1.26% Aaa/AA+/AAA 4379 91282CEW7 T 3.250 06/30/2027(4.08Yr-Fixed) 12/29/2022 5,000,000.00 4,861,105.54 4,878,700.00 4.000 3.70 1,490 1.25% Aaa/AA+/AAA U.S.Treasuries Total 83,000,000.00 82,712,107.82 79,313,690.00 21.25% 4290 45818WBX3 IADB 2.870 07/20/2023(0.13Yr-Fixed) 03/28/2019 4,000,000.00 4,003,091.55 3,985,800.00 2.270 0.13 49 1.03% Aaa/AAA/AAA 4291 45818WBY1 IADB 2.960 08/16/2023(0.21Yr-Fixed) 03/28/2019 5,000,000.00 5,006,794.20 4,973,100.00 2.271 0.21 76 1.29% Aaa/AAA/AAA 4323 459056HV2 IBRD 1.500 08/28/2024(1.24Yr-Fixed) 04/23/2021 5,000,000.00 - 5,066,178.26 - 4,796,500.00 0.425 1.20 454 - 1.30% Aaa/AAA/AAA 4338 459058JE4 IBRD 0.376 07/28/2025(2.16Yr-Fixed) 07/30/2021 5,000,000.00 4,977 846.31 4,599,100.00 0.583 2.10 788 1.28% Aaa/AAA/AAA 4319 459058JL8 IBRD 0.500 10/28/2025(2.41Yr-Fixed) - - 01/12/2021 5,000,000.00 _ 4,998,618.63 4,574,750.00 0.512 2.34 880 1.28% Aaa/AAA/AAA 4324 45906M2L4 IBRD 0.650 02/24/2026(2.74YrNC2 79Mo Dq Fixed) 04/30/2021 5,000,000 00 4,970,634.72 4,528 100.00 I 0.870 2.64 999 1.28% Aaa/AAA/AAA Supranational Total 29,000,000.00 29,023,163.66 27,457,350.00 7.46% 4281 313383QR5 FHLB 3.250 06/09/2023(0.02Yr-Fixed) 12/20/2018 5,000,000.00 5,000,527.04 4,997 600.00 2.743 0.02 8 1.28% Aaa/AA+/NR 4368 313383MD0 FHLB 2.625 06/09/2023(0.02Yr-Fixed) 05/09/2022 7,000,000.00 7,000,646.15 6,995,310.00 2.201 0.02 8 1.80% Aaa/AA+/NR 4393 313384GR4 FHDN 0.000 06/09/2023(0.02Yr-Disco) 05/26/2023 10,000,000.00 9,989,777.78 9,990,200.00 4.672 0.02 8 2.57% P-1/A-1+/NR 4287 3137EAEN5 FHLMC 2.750 06/19/2023(0.05Yr-Fixed) 03/08/2019 3,000,000.00 3,000,424.01 2,995,320.00 2.450 0.05 18 0.77% Aaa/AA+/AAA 4288 3137EAEN5 FHLMC 2.750 06/19/2023(0.05Yr-Fixed) 03/14/2019 3,000,000.00 3,000,442.91 2,995,320.00 2.437 0.05 18 0.77% Aaa/AA+/AAA 4394 313384HK8 FHDN 0.000 06/27/2023(0.07Yr-Disco) 05/26/2023 5,000,000.00 4,982,088.89 4,984,150.00 5.051 0.07 26 1.28% P-1/A-1+/NR 4383 3130AUHE7 FHLB 0.00007/26/2023(0.15Yr-Disco) 01/18/2023 5,000,000.00 5,000,836.70 4,996,600.00 4.755 0.15 55 1.29% Aaa/AA+/NR 4289 3135G0U43 FNMA 2.875 09/12/2023(0.28Yr-Fixed) 03/15/2019 5,000,000.00 5,005,409.15 4,966,000.00 2.465 0.28 103 1.29% Aaa/AA+/AAA 4N 4377 3133867 FHDN 0.000 10/19/2023(0.38Yr-Disco) 12/05/2022 3,000,000.00 2,946,275.00 2,941,500.00 4.817 0.38 140 0.76% P-1/A-1+/NR 4387 3130AUXN9 FHLB 5.000 02/15/2024(0.71Yr-Fixed) 04/25/2023 3,000,000.00 3,001,392.62 2,990,640.00 4.923 0.68 259 0.77% Aaa/AA+/NR 4292 3133ECHX5 FFCB 2.260 03/13/2024(0.78Yr-Fixed) 05/23/2019 5,000,000.00 5,000,880.23 4,885,050.00 2.236 0.76 286 1.29% Aaa/AA+/AAA 4378 3130ATVC8 FHLB 4.875 06/14/2024(1.04Yr-Fixed) 12/28/2022 5,000,000.00 5,006,204.85 4,977,400.00 4.740 0.97 379 1.29% Aaa/AA+/NR .. ............ -4348 3130AQD42 FHLB 0.920 06/28/2024(1.08YrNC0.92Mo-DgFixed) 12/28/2021 5,000,000.00 5,000,000.00 4,768 000.00 0.920 1.04 393 1.28% Aaa/AA+/NR Report Run Date: Jul 11,2023 17 Reporting Period: Securities By Structure Report Portfolio:CITY 05/31/2023 City of Huntington Beach 1 Accounting ID Cusip Security Description Purchase Date Par Value Book Value Market Value Book Yield Effective Days to (%)of Mdy/S&P/Fitch Duration Maturity Portfolio 4380 3134GYCP5 FHLMC 5.000 07/23/2024(1.14YrNC4.76Mo-lx-Fixed) 01/23/2023 5,000,000.00 5,000,000.00 4,966,400.00 5.000 0.86 418 1.28% Aaa/AA+/AAA 4344 3130AQ3C5 FHLB 1.000 08/28/2024(1.24YrNC2 92Mo-Dq Fixed) 12/02/2021 4,000,000.00 4,000,000.00 3,792 640.00 1.000 1.20 454 1.03% Aaa/AA+/NR 4373 3133XVDG3 __ FHLB 4.375 09/13/2024(1.29Yr-Fixed) _ 09/23/2022 5,000,000.00 5,008,166.34 4,960,850.00 _4.240 1.23 470 1.29% Aaa/AA+/NR -4336 3130AMXJ6 FHLB 0.500 09/30/2024(1.33YrNC0.99Mo-Dq-Fixed) - 06/30/2021 5,000,000.00 5,000,000.00 4,693,150.00 0.500 1.30 487 1.28% Aaa/AA+/NR 4346 3130AQD59 FHLB 1.000 09/30/2024(1.33YrNC0.99Mo-Dq-Fixed) 12/30/2021 5,000,000.00 5,000,000.00 4,724,950.00 _ 1.000 1.29 487 1.28% Aaa/AA+/NR 4349 3130AQD59 Y FHLB 1.000 09/30/2024(1.33YrNC0.99Mo-Dq-Fixed) 12/30/2021 5,000,000.00 5,000,000.00 4,724,950.00 1.000 1.29 487 1.28% Aaa/AA+/NR 4334 3130AMW65 FHLB 0.500 12/30/2024(1.58YrNC0.99Mo-Dq-Fixed) 06/30/2021 5,000,000.00 5,000,000.00 4,650,300.00 0.500 1.54 578 1.28% Aaa/AA+/NR 4332 3130AMQ62 FHLB 0.625 03/14/2025(1.79YrNC0.46Mo-Dq-Fixed) 06/14/2021 5,000,000.00 5,000,000.00 4,624,400.00 0.625 1.73 652 1.28% Aaa/AA+/NR 4329 3135G04Z3 FNMA 0.500 06/17/2025(2.05Yr-Fixed) 05/14/2021 5,000,000.00 4,987,083.77 4,617,000.00 0.628 1.98 747 1.28% Aaa/AA+/AAA 4381 3135G04Z3 FNMA 0.500 06/17/2025(2.05Yr-Fixed) 01/13/2023 5,000,000.00 4,661,052.63 4,617,000.00 4.013 1.98 747 1.20% Aaa/AA+/AAA 4345 3130AQ558 FHLB 1.25006/30/2025(2.0_8YrNC0.99Mo-Dq-Fixed) 12/30/2021 4,650,000.00_ 4,650,000.00 _ 4,323,849.00 1.250 2.00 760 1.19% Aaa/AA+/NR 4327 - 3130AMDL3 FHLB 0.800 07/25/2025(2.15YrNC2.83Mo-Dq-Fixed) 05/25/2021 5,000,000.00 5,000,000.00 4,596,850.00 0.800 2.08 785 1.28% Aaa/AA+/NR 4360 3130AQ194 FHLB 1.600 08/28/2025(2.24Yr-Fixed) 03/04/2022 4,575,000.00 4,553,654.56 4,291,624.50 _1.816 2.15 819 1.17% Aaa/AA+/NR 4331 3130AMQ54 FHLB 0.700 09/16/2025(2.29YrNC3.55Mo-Da-Fixed) 06/16/2021 5,000,000.00 5,000,000.00 4,567,900.00 0.700 2.22 838 1.28% Aaa/AA+/NR 4318 3135GA2Z3 FNMA 0.56011/17/2025(2.46YrNC5.59Mo-Da-Fixed) 01/11/2021 3,000,000.00 3,001,674.57 2,719,770.00 0.500 2.39 900 0.77% Aaa/AA+/AAA 4320 3130AKN36 FHLB 0.525 01/15/2026(2.63YrNC1.48Mo-Dq-Fixed) 01/15/2021_ 5,000,000.00 _4,997,377.78 4,492,350.00 0.545 2.53 959 1.28% Aaa/AA+/NR 4321 3130AKN85 FHLB 0.550 01/20/2026(2.64YrNC1.64Mo-Dq-Fixed) 01/20/2021 5,000,000.00 4,998,681.94 4,493,400.00 0.560- 2.55- 964 1.28% Aaa/AA+/NR 4322 3130AKUS3_ FHLB 0.500 01/28/2026(2.66YrNC1.91Mo-Dq-Fixed) 01/28/2021 5,000,000.00 5,000,000.00 4,484,250.00 0.500 2.57 972 _1.28% Aaa/AA+/NR 4333 3130ALEY6 FHLB 0.800 03/04/2026(2.76YrNC0.13Mo-Dq-Fixed) 06/10/2021 5,000,000.00 5,000,000.00 4,494,100.00 0.800 2.65 1,007 1.28% Aaa/AA+/NR 4328 313OAMJN3 FHLB 1.030 05/26/2026(2.98YrNC2.86Mo-Dq-Fixed) 05/26/2021 5,000,000.00 _ 5,000,000.00 4,510,500.00 1.030 _ 2.86 1,090 _ 1.28% Aaa/AA+/NR_ 4335 3130AMF_S6 FHLB 0.750 06/12/2026(3.03Yr-Fixed) --_06/17/202'1 -_ 5,000,000.00 4,981,766.02 4,521,300.00 0.873 2.91 1,107 1.28% Aaa/AA+/NR 4388 3130AVWS7 FHLB 3.750 06/12/2026(3.03Yr-Fixed) 05/09/2023 3,000,000.00 2,995,912.43 2,959,200.00 3.796 2.81 1,107 0.77% Aaa/AA+/NR 4347 3130AQ7E7 FHLB 1.500 06/30/2026(3.08YrNC0.99Mo-Dq-Fixed) 12/30/2021 5,000,000.00 5,001,369.14 4,554,950.00 1.339 2.91 1,125 1.29% Aaa/AA+/NR 4384 3130AUMC5 FHLB 3.750 07/20/2026(3.13Yr-Fixed) _ 01/19/2023 5,000,000.00 5,000,000.00 __ 4,945,850.00 3.750 2.87 1,145__1.28% Aaa/AA+/NR 4356 3130AQS79 -FHLB 1.375 08/07/2026(3.18YrNC14.26Mo-1x-Step) 02/07/2022 5,000,000.00 5,000,000.00 4,610,200.00 1.375 2.93 1,163 1.28% Aaa/AA+/NR 4386 3133EPGT6 FFCB 3.875 04/26/2027(3.90Yr-Fixed) 04/26/2023 5,000,000.00 4,994,389.76 4,963,200.00 3.906 3.55 1,425 1.28% Aaa/AA+/AAA 4389 3133EPJP1 FFCB 3.625 05/12/2027(3.95Yr-Fixed) 05/12/2023 5,000,000.00 4,986,332.74 4,912,450.00 3.700 3.61 1,441 1.28% Aaa/AA+/AAA 4392 3130AW4N7 FHLB 3.630 06/04/2027(4.01Yr-Fixed) 05/18/2023 5,000,000.00 5,000,000.00 4,956,050.00 3.630 3.67 1,464 1.28% Aaa/AA+/NR 4385 3134GYPF3 FHLMC 4.750 07/12/2027(4.11YrNC13.40Mo-Da-Fixed) 04/24/2023 3,300,000.00 3,295,170.65 3,244,890.00 4.791 2.13 1,502 0.85% Aaa/AA+/AAA - U.S.Agencies Total 201,525,000.00. 201,047,537.66 192,497,413.50 51.66% 4306 90331HNV1_ USB 3.400 07/24/2023(0.15YrNC0.76Mo-Cc-Fixed) 02/21/2020 2,000,000.00 2,004,806.54 1,992,400.00 1.671 0.14 53 0.52% A2/A+/AA- 4300 254687CR5 DIS 4.000 10/01/2023(0.33Yr-Fixed) 12/16/2019 2,875,000.00 2,892,692.31 2,858,296.25 2.070 0.33 122 0.74% A2/BBB+/A- 4355 67066GAL8 NVDA 0.584 06/14/2024(1.04YrNC0.46Mo-Cc-Fixed) 01/24/2022 5,000,000.00 4,966,104.71 4,764,850.00 1.250 1.01 379 1.28% A2/A/ 4325 _91159_H_H_X1 ___USB 2.400 07/30/2024(1.16YrNC12.94Mo-Cc-Fixed) 04/30/2021 3,809,000.00 3,888,934.96 3,662,048.78 0.528 1.11 425 1.00% A3/A/A+ 4343 - 14913R2P1 CAT 0.600 09/13/2024(1.29Yr-Fixed) 12/02/2021 5,000,000.00 4,975,976.92 4,731,700.00 0.980 1.25 470 1.28% A2/A/A+ 4371 459200KS9 IBM 4.000 07/27/2025(2.15Yr-Fixed) 08/11/2022_ 6,000,000.00 6,022,930.58 5,912,460.00 3.810 2.01 787 1.55% A3/A-/ 4372 931142EW9 WMT 3.900 09/09/2025(2.28Yr-Fixed) 09/22/2022 5,000,000.00 4,973,474.41 4,949,450.00 _ 4.150 2.13 831� 1.28% Aa2/AA/AA 4382 717081DV2 PFE 2.750 06/03/2026(3.01Yr-Fixed) 01/18/2023 5,000,000.00 4,806,575.80 4,777,850.00 4.142 2.79 1,098 1.24% A1/A+/A 4375 110122CN6 BMY 3.200 06/15/2026(3.04YrNC34.50Mo-Cc-Fixed) 11/16/2022 5,000,000.00 4,822,023.43 _ 4,825,400.00 4.480 2.74 1,110 1.24% A2/A+/ 4390 931142EM1 WMT3.05007/08/2026(3.10YrNC35.25Mo-Cc-Fixed) 05/15/2023 - 4,257,000.00 - 4,170,208.45 4,115,199.33 3.752 2.82 1,133 1.07% Aa2/AA/AA 4391 904764AU1 UNANA 2.000 07/28/2026(3.16Yr-Fixed) 05/15/2023 2,505,000.00 2,375,510.10 2,335,085.85 3.752 2.97 1,153 0.61% A1/A+/A Corporates Total 46,446,000.00 45,899,238.21 44,924,740.21 11.79% Report Run Date: Jul 11,2023 18 Reporting Period: Securities By Structure Report Portfolio:CITY 05/31/2023 City of Huntington Beach Accounting ID Cusip Security Description Purchase Date Par Value Book Value Market Value Book Yield Effective Days to (%)of Mdy/S&P/Fitch Duration Maturity Portfolio Holdings Total 364,971,000.00 363,664,123.74 349,172,393.71 93.45% Report Run Date: Jul 11,2023 19 ,fgr NET I NGTp N /../.. ' .°9 Cash/Money Market/LGIP Activity Report f . L. 0= Huntington Beach 9 71 Portfolio:CITY 6:4 -`.''Xs'i Reporting Date:05/31/2023 Cash/Money Market Account Activity Accounting ID Description Activity Date Transaction Type Transaction Amount 003 California Asset Management Program 05/03/2023 Deposit $4,000,000.00 003 California Asset Management Program 05/01/2023 Interest Received $87,302.71 003 California Asset Management Program 05/08/2023 Withdrawal ($8,000,000.00) 003 California Asset Management Program 05/22/2023 Deposit $4,000,000.00 003 California Asset Management Program 05/24/2023 Deposit $5,000,000.00 003 California Asset Management Program 05/25/2023 Withdrawal ($10,000,000.00) Activity Total I I ($4,912 697 29) 20 ° 1< Bond Redemption Activity Report °(4 \= Huntington Beach 9\ " '�,a` Portfolio:CITY �cFiouNN ca 11i Reporting Date:05/31/2023 Redemption Transactions Accounting ID Transaction Cusip Description Price Settlement Posted Date Par Value Principal Accrued Interest Total Type Date 4285 Maturity 3130AFWX1 FHLB 2.550 05/30/2023 100.00000 05/30/2023 05/30/2023 $5,000,000.00 $5,000,000.00 $0.00 $5,000,000.00 Activity Total $5,000,000.00 $5,000,000.00 I $0.00 $5,000,000.00 21 '\N NB7� Bond °" 4`�° Purchase Activity Report ti ti 1p y Huntington Beach sr'.t z Portfolio:CITY vy'�-4 '"--- c°, Reporting Date:05/31/2023 oUNTV�� Purchase Transactions Transaction Settlement Accounting ID Type Cusip Description Price, Date Posted Date Par Value Principal Accrued Interest Total 4388 Buy 3130AVWS7 FHLB 3.750 06/12/2026 99.86100 05/09/2023 05/09/2023 3,000,000.00 $2,995,830.00 $1,250.00 $2,997,080.00 4389 Buy 3133EPJP1 FFCB 3.625 05/12/2027 99.72300 05/12/2023 05/12/2023 5,000,000.00 $4,986,150.00 $0.00 $4,986,150.00 4390 Buy 931142EM1 WMT 3.050 07/08/2026 97.93200 05/15/2023 05/15/2023 4,257,000.00 $4,168,965.24 $45,804.14 $4,214,769.38 4391 Buy 904764AU1 UNANA 2.000 07/28/2026 94.75800 05/15/2023 05/15/2023 2,505,000.00 $2,373,687.90 $14,890.83 $2,388,578.73 4392 Buy 3130AW4N7 FHLB 3.63006/04/2027 100.00000 05/18/2023 05/18/2023 5,000,000.00 $5,000,000.00 $0.00 $5,000,000.00 4393 Buy 313384GR4 FHDN0.00006/09/2023 99.82111 05/26/2023 05/26/2023 10,000,000.00 $9,982,111.11 $0.00 $9,982,111.11 4394 Buy 313384HK8 FHDN 0.000 06/27/2023 99.55911 05/26/2023 05/26/2023 5,000,000.00 $4,977,955.56 $0.00 $4,977,955.56 _l l l Activity Total ____ 34,762,000.00 $34,484,699.81 $61,944.97 $34,546,644.78 22 III!s,.CITINGrO�O °." �''P Bond Interest Received Activity Report (6-1 Huntington Beach a� rQ, Portfolio:CITY �F '�-G ��i Reporting Date:05/31/2023 Bond Interest Received Accounting ID Transaction Type Cusip Description Date Posted Interest Received Purchased Interest Adjustment Net Interest 4350 Interest Income 912828YM6 T 1.50010/31/2024 05/01/2023 $22,500.00 $22,500.00 4318 Interest Income 3135GA2Z3 FNMA 0.56011/17/2025 05/17/2023 $8,400.00 $8,400.00 4327 Interest Income 3130AMDL3 FHLB 0.800 07/25/2025 05/25/2023 $20,000.00 $20,000.00 4328 Interest Income 3130AMJN3 FHLB 1.030 05/26/2026 05/26/2023 $25,750.00 $25,750.00 4285 Interest Income 3130AFWX1 FHLB 2.550 05/30/2023 05/30/2023 $63,750.00 $63,750.00 Activity Total $140,400.00 $0.00 $140,400.00 23 4011 N cr 1'6 o.^ 1,fr � Statement of Cash Receipts and Disbursements and Summary of Cash by Fund City Treasurer's Office oUNTY Gam#° May 2023 Cash Receipts and Disbursements April 2023 May 2023 Receipts General Fund Property Tax $ 21,208,398 $ 16,969,943 Local Sales Tax 3,318,537 3,959,843 Public Safety Sales Tax 214,419 216,344 Transient Occupancy Tax(TOT) 1,214,231 1,713,059 Utility Users Tax(UUT) 2,564,310 1,837,432 Other Revenue 5,685,370 10,850,141 Total General Fund Revenue 34,205,265 35,546,761 Total All Other Funds Revenue 22,286,424 33,776,163 Total Receipts $ 56,491,688 $ 69,322,924 Disbursements General Fund Personnel Services (11,077,248) (11,028,837) Operating Expenses (3,606,032) (2,698,092) Capital Expenditures - (726) Non-Operating Expenses (2,065,934) (585,805) Total General Fund Disbursements (16,749,214) (14,313,460) Total All Other Funds Disbursements (16,088,385) (18,245,710) Total Disbursements (32,837,599) (32,559,170) Net Change in Cash Flow $ 23,654,089 $ 36,763,754 Summary of Cash by Fund April 2023 May 2023 General Fund $ 115,312,455 $ 136,545,756 General Fund Other 3,438,393 3,367,436 Capital Projects Funds 26,222,973 26,101,610 Debt Service Funds 41,427,668 42,323,578 Enterprise Funds 85,421,126 87,442,587 Trust and Agency Funds 5,829,479 14,465,862 Internal Service Funds 24,004,761 22,949,133 Special Revenue Funds 70,794,142 76,018,789 General Ledger Cash Balances * $ 372,450,996 $ 409,214,750 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 /01tG - Portfolio Summary r_```/.-1 r"6ra'�?e 9 Huntington Beach it-,1 ,= Portfolio:CITY 9 .--' rz Reporting Date:(FY2023) e,Oe:'�"„":'tom � 04/01/2023-04/30/2023 ',law, ' Full Accrual Basis Par Value Period Earnings Summary(30 Days) Fiscal YTD Summary(304 Days) Period Transactions Net Period Earnings $584,762.41 Net Period Earnings $4,460,723.41 Redemptions 0 Total Par Value $365,607,441.84 — ' Avg Daily Book Balance $346,341,720.57 Last FY Period Net Earnings $2,802,587.08 Purchases 3 Avg Daily Book Balance $322,017,760.75 Net Effective Annual Return 2.074% Total Activity 3 Net Effective Annual Return 1.666% Fiscal YTD Transactions Redemptions 8 Purchases 17 Book Value Total Activity 25 Portfolio Book Value $364,522,105.66 Certification Accrued Interest Paid at Purchase $87,915.98 I certify that this report and the corresponding pages attached accurately reflect all portfolio combined investments and conforms with all California state statutes and the Huntington Beach investment policy filed on January 17,2023.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations.Market values are provided by US Bank via Interactive Data Corp(IDC) Total Book Value $364,610,021.64 '$ City Treasurer 04/30/2023 Alisa Backstrom Title Date Portfolio Investments Market Value Par Value Book Value Book Value%of Market Value Book Yield Days to Maturity Portfolio Market Value $351,667,832.70 Port Contribution Local Govt Inv Pools(LGIP) $30,398,441.84 $30,398,441.84 8.34% $30,398,441.84 0.414% 1 Accrued Interest Paid at $87,915 98 Commercial Paper $5,000,000.00 $4,962,916.67 1.36% $4,957,350.00 0.063% 60 Purchase U.S.Treasuries $83,000,000.00 $82,703,721.76 22.69% $79,611,720.00 0.367% 638 Supranational $29,000,000.00 $29,030,416.27 7.96% $27,531,290.00 0.089% 588 Total Market Value $351,755,748.68 U.S.Agencies $178,525,000.00 $178,074,838.36 48.85% $170,517,250.25 _ 0.997% 661 Corporates $39,684,000.00 $39,351,770.76 10.80% $38,651,780.61 0.295% 687 Total $365,607,441.84 $364,522,105.66 100.00% $351,667,832.70 2.226% 590 I 25 Reporting Period: Cash By Fund Report Portfolio:CITY 04/30/2023 City of Huntington Beach Accounting ID Pool Description Type Par Value Book Value `Market Value Rate %of Portfolio Composite Rating 003 California Asset Management Program LGIP 30,398,441.84 30,398,441.84 30,398,441.84 4.97 8.34% NR CITY Fund Total 30,398,441.84 30,398,441.84 30,398,441.84 8.34% Report Run Date: Jul 11,2023 26 Reporting Period: Securities By Structure Report Portfolio:CITY 04/30/2023 City of Huntington Beach IAccounting ID Cusip Security Description Purchase Date Par Value Book Value Market Value Book Yield'Effective Days to (%)of Mdy/S&P./Fitch Duration Maturity Portfolio 4374 62479MTW3 MUFGBK 0.000 06/30/2023(0.16Yr-Disco) 10/05/2022 5,000,000.00 4,962,916.67 4,957,350.00 4.602 0.17 60 1.36% P-1/A-1/F1 Commercial Paper Total 5,000,000.00 4,962,916.67 4,957,350.00 1.36% 4352 912828592 T 1.250 07/31/2023(0.25Yr-Fixed) _ 01/14/2022 5,000,000.00 _ 5,006,691.65 4,951,150.00 0.711 0.25 91 1.37% Aaa/AA+/AAA 4357 91282CCN9 - T 0.125 07/31/2023(0.25Yr-Fixed) 02/02/2022 5,000,000.00 4,989,283.66 4,939,050.00 0.991 0.25 91 1.37% Aaa/AA+/AAA 4354 9128282D1 T 1.375 08/31/2023(0.33Yr-Fixed) 01/21/2022 5,000,000.00 _ 5,007,793.87 _ 4,939,050.00 0.903 0.33 122 1.37% Aaa/AA+/AAA 4364 9128286Z8 T 1.750 06/30/2024(1.17Yr-Fixed) 05/02/2022 7,000,000.00 6,922,732.23 - 6,771,940.00 _ 2.730 -1.13 426 1.90% Aaa/AA+/AAA 4370 912828XX3 T 2.000 06/30/2024(1.17Yr Fixed) 05/27/2022 5,000,000.00 4,973,897.06 4,849,600.00 2.462 1.13 426 1.36% Aaa/AA+/AAA 4353 912828Y87 T 1.750 07/31/2024(1.25Yr-Fixed)_ 01/14/2022 5,000,000.00 5,044,519.38 4,830,450.00 1.028_ _ 1.2_1 45_7__1.38% Aaa/AA+/AAA 4358 912828Y87 T 1.750 07/31/2024(1.25Yr-Fixed) 02/11/2022 4,000,000.00 4,007,567.64 3,864,360.00 1.595 1.21- 457 1.10% Aaa/AA+/AAA 4361 912828D56 T 2.375 08/15/2024(1.29Yr-Fixed) 03/22/2022 5,000,000.00 5,008,409.35 4,864,850.00 2.240 1.25 472 1.37%__ Aaa/AA+/AAA _4298 912828Y1-17 T 1.500 09/30/2024(1.42Yr-Fixed) - 12/05/2019_- 5,000,000.00 4,993,528.68 4,801,150.00 1.595 _ 1.38 518 1.37% Aaa/AA+/AAA 4350 912828YM6 T 1.500 10/31/2024(1.50Yr-Fixed) - 12/31/2021 3,000,000.00 3,025,731.39 2,875,320.00 0.920 1.46 549 0.83% Aaa/AA+/AAA 4376 91282CEU1 T 2.875 06/15/2025(2.12Yr-Fixed)_ 11/18/2022 3,000,000.00 2,916,216.77 2,931,210.00 4.276 2.01 776 0.80% Aaa/AA+/AAA 4330 91282CAB7 T 0.250 07/31/2025(2.25Yr-Fixed) 05/19/2021 5,000,000.00 4,959,489.44 4,606,050.00 0.615 2.19 822 1.36% Aaa/AA+/AAA 4340 91282CAJ0 T 0.250 08/31/2025(2.34Yr-Fixed) 09/27/2021 5,000,000.00 4,944,233.79 4,594,750.00 0.735 2.27 853 1.36% Aaa/AA+/AAA 4351 9128284Z0 2.750 08/31/2025(2.34Yr-Fixed) 12/31/2021 5,000,000.00 5,187,800.15 4,871,100.00 _ 1.103 __2.21 853 1.42%_ Aaa/AA+/AAA_ 4341 91282CCP4 ___T T 0.625 07/31/2026(3.25Yr-Fixed) 09/30/2021 5,000,000.00 4,948,477.88 4,534,750.00 0.950 3.14 1,187 1.36% Aaa/AA+/AAA 4339 _ 91282CCW9 T 0.750 08/31/2026(3.33Yr-Fixed) 09/23/2021_ 1,000,000.00 995,440.10 __ 908,790.00 _ 0.890 3.21 _1,218 0.27% Aaa/AA+/AAA 4342 91282CCW9 T 0.750 08/31/2026(3.33Yr-Fixed) - 11/23/2021 5,000,000.00 4,913,692.95 4,543,950.00 1.285 3.21 1,218 1.35% Aaa/AA+/AAA 4379 91282CEW7 T 3.250 06/30/2027(4.16Yr-Fixed) 12/29/2022 5,000,000 00 4,858,215.78 4,934,200.00 4.000 3.79 1,521 1.33% Aaa/AA+/AAA U.S.Treasuries Total 83,000,000.00 82,703,721.76 79,611,720.00 22.69% 4290 45818WBX3 IADB 2.870 07/20/2023(0.22Yr-Fixed) 03/28/2019 4,000,000.00 4,004,984.33 3,978,640.00 2.270 0.22 80 1.10% Aaa/AAA/AAA 4291 _ 45818W8Y1 IADB 2.960 08/16/2023(0.29Yr-Fixed) _ 03/28/2019 _ 5,000,000.00 5,009,511.88 4,966,200.00 2.271 0.29 107 1.37% Aaa/AAA/AAA 4323m- 459056HV2 -IBRD 1.500 08/28/2024(1.33Yr-Fixed) 04/23/2021 5,000,000.00 5,070,619.75 4,811,750.00 0.425 1.29 485 1.39% Aaa/AAA/AAA 4338 459058JE4 IBRD 0.376 07/28/2025(2.24Yr-Fixed) 07/30/2021 5,000,000.00 4,976,990.96 4,619,800.00 0.583 2.18 819 1.37% Aaa/AAA/AAA 4319 459058JL8 IBRD 0.500 10/28/2025(2.49Yr-Fixed) 01/12/2021 5,000,000.00 4,998,570.83 4,598,150.00 0.512 2.42 911 1.37% Aaa/AAA/AAA 4324 45906M2L4 IBRD 0.650 02/24/2026(2 82YrNC0 79Mo Dq Fixed) 04/30/2021 5,000,000.00 4,969 738 52 , 4,556 750.00 0.870 2.72 1,030 1.36% Aaa/AAA/AAA Supranational Total 29,000,000.00 29,030,416.27 27,531,290.00 7.96% 4285 3130AFWX1 FHLB 2.550 05/30/2023(0.08Yr-Fixed) 02/26/2019 5,000,000.00 5,000,000.00 4,989,300.00 2.550 0.08 29 1.37% Aaa/AA+/NR 4281 313383QR5 - FHLB 3.250 06/09/2023(0.11Yr Fixed) 12/20/2018 5,000,000.00 5,002 503.42 4,989 750.00 2.743 0.11 39 137% Aaa/AA+/NR 4368 313383M00 FHLB 2.625 06/09/2023(0.11Yr-Fixed) 05/09/2022 7,000,000.00 7,003,069.23 6,978,090.00 2.201 0.11 39 1.92% Aaa/AA+/NR 4287 3137EAEN5 FHLMC 2.750 06/19/2023(0.13Yr-Fixed) 03/08/2019 3,000,000.00 3,001,130.69 2,990,670.00 2.450 0.13 49 0.82% Aaa/AA+/AAA 4288 3137EAEN5 FHLMC 2.750 06/19/2023(0.13Yr-Fixed) 03/14/2019 3,000,000.00 3,001,181.08 2,990,670.00 2.437 0.13 49 0.82% Aaa/AA+/AAA 4383 3130AUHE7 FHLB 0.000 07/26/2023(0.24Yr-Disco) 01/18/2023 5,000,000.00 5,001,293.09 4,996,050.00 4.755 0.23 86 1.37% Aaa/AA+/NR 4289 3135G0U43 FNMA 2.875 09/12/2023(0.37Yr-Fixed) 03/15/2019 5,000,000.00 5,007,015.83 4,961,650.00 2.465 0.36 134 1.37% Aaa/AA+/AAA 4377 313384ND7 FHDN 0.000 10/19/2023(0.47Yr-Disco) 12/05/2022 3,000,000.00 2,934,378.75 2,932,470.00 4.817 0.46 171 0.80% P 1/A-1+/NR 4387 3130AUXN9 FHLB 5.000 02/15/2024(0.79Yr-Fixed) 04/25/2023 3,000,000.00 3,001,557.10 2,998,860.00 4.923 0.76 290 0.82% Aaa/AA+/NR 4292 3133ECHX5 FFCB 2.260 03/13/2024(0.87Yr-Fixed) 05/23/2019 5,000,000.00 5,000,973.87 4,889,450.00 2.236 0.84 317 1.37% Aaa/AA+/AAA„ 4378 3130ATVC8 FHLB 4.875 06/14/2024(1.12Yr-Fixed) 12/28/2022 5,000,000.00 5,006,703.90 5,002,700.00 4.740 1.06 410 1.37% Aaa/AA+/NR 4348 3130AQD42 FHLB 0.920 06/28/2024(1 16YrNC1.94Mo-Dq Fixed) 12/28/2021 5,000,000.00 5,000 000 00 4,769,600.00 0.920 1.13 424 1.37% Aaa/AA+/NR L 4380 3134GYCP5 FHLMC 5.000 07/23/2024(1.23YrNC5.78Mo-1x-Fixed) 01/23/2023 - 5,000,000.00 5,000,000.00 4,978,100.00 5.000 0.75 449 1.37% Aaa/AA+/AAA Report Run Date: Jul 11,2023 27 Reporting Period: Securities By Structure Report Portfolio:CITY 04/30/2023 City of Huntington Beach Accounting ID Cusip Security Description Purchase Date Par Value Book Value Market Value Book Yield I Effective Days to (%)of Mdy/S&P/Fitch Duration Maturity Portfolio 4344 3130AQ3C5 FHLB 1.000 08/28/2024(1.33YrNC0.92Mo-Dq-Fixed) 12/02/2021 4,000,000.00 4,000,000.00 3,810,520.00 1.000 1.29 485 1.10% Aaa/AA+/NR 4373 3133XVDG3 FHLB 4.375 09/13/2024(1.37Yr-Fixed) 09/23/2022 5,000,000.00 5,008,696.62 4,978,750.00 4.240 1.31 501 1.37% Aaa/AA+/NR 4336 3130AMXJ6 __FHLB 0.500 09/30/2024(1.42YrNC2.00Mo-Dq-Fixed) 06/30/2021 5,000,000.00 5,000,000.00 4,707,350.00 0.500 1.38 518 1.37% Aaa/AA+/NR 4346 3130AQD59 FHLB 1.000 09/30/2024(1.42YrNC2.00Mo-Dq-Fixed) 12/30/2021 5,000,000.00 5,000,000.00 4,741,250.00 1.000 1.37 518 1.37% Aaa/AA+/NR_ 4349 3130AQD59 FHLB 1.000 09/30/2024(1.42YrNC2.00Mo-Dq-Fixed) 12/30/2021 5,000,000.00 5,000,000.00 4,741,250.00 1.000 1.37 518 1.37% Aaa/AA+/NR 4334 - 3130AMW65 _ FHLB 0.500 12/30/2024(1.67YrNC2.00Mo-Dq-Fixed) 06/30/2021 5,000,000.00- 5,000,000.00 4,673,450.00 0.500 1.62 609 1.37% Aaa/AA+/NR 4332 3130AMQ62 FHLB 0.625 03/14/2025(1.87YrNC1.48Mo-Dq-Fixed) 06/14/2021 5,000,000.00 5,000,000.00 4,653,100.00 0.625 1.81 683 1.37% Aaa/AA+/NR 4329 3135G04Z3 - FNMA 0.500 06/17/2025(2.13Yr-Fixed) 05/14/2021 5,000,000.00 4,986,557.30 4,637,650.00 0.628 2.07 778 1.37% Aaa/AA+/AAA 4381 3135G04Z3 FNMA 0.500 06/17/2025(2.13Yr-Fixed) 01/13/2023 5,000,000.00 4,647,236.84 4,637,650.00 4.013 2.07 778 1.27% Aaa/AA+/AAA 4345 3130AQ5S8 FHLB 1.250 06/30/2025(2.17YrNC2.00Mo-Dq-Fixed) 12/30/2021 4,650,000 00 4,650,000.00 4,357,980.00 1.250 2.08 791 1.28% Aaa/AA+/NR 4327 3130AMDL3__ FHLB 0.800 07/25/2025(2.23YrNC0.82Mo-Dq-Fixed) 05/25/2021 _____5,000,000.00 5,000,000.00 4,633,300.00 _0.800 2.15 816 1.37% Aaa/AA+/NR 4360 3130AQT94 FHLB 1.600 08/28/2025(2.33Yr-Fixed) 03/04/2022 4,575,000.00 4,552,861.05 4,316,192.25 1.816 2.23 -850 1.25% Aaa/AA+/NR 4331 3130AMQ54 - FHLB 0.700 09/16/2025(2.38YrNC4.57Mo-Da-Fixed) 06/16/2021 _ 5,000,000.00 5,000,000.00 4,604,900.00 0.700 2.30 869 1.37% Aaa/AA+/NR 4318 3135GA2Z3 FNMA 0.560 11/17/2025(2.55YrNC6.60Mo-Da-Fixed) 01/11/2021 3,000,000.00 3,001,731.27 2,742,240.00 _ 0.500 2.46 931 0.82% Aaa/AA+/AAA 4320 3130AKN36 FHLB 0.525 01/15/2026(2.71YrNC2.50Mo-Dq-Fixed) 01/15/2021 5,000,000.00 4,997,294.44 4,533,100.00 0.545 2.62 990 1.37% Aaa/AA+/NR 4321 3130AKN85 FHLB 0.550 01/20/2026(2.72YrNC2.66Mo-Dq-Fixed) 01/20/2021 5,000,000.00 4,998,640.28 4,534,600.00 0.560_ 2.63 - 995 1.37% Aaa/AA+/NR 4322 3130AKU53 FHLB 0.500 01/28/2026(2.75YrNC2.92Mo-Dq-Fixed) 01/28/2021 5,000,000.00 5,000,000.00 4,525,700.00 0.500 - 2.66 1,003 1.37% Aaa/AA+/NR 4333 3130ALEY6 FHLB 0.800 03/04/2026(2.84YrNC1.15Mo-Dq-Fixed) 06/10/2021 5,000,000.00 5,000,000.00 4,546,900.00 0.800 2.74 1,038 1.37% Aaa/AA+/NR 4328 3130AMJN3 FHLB 1.030 05/26/2026(3.07YrNC0.85Mo-Dq-Fixed) 05/26/2021 5,000,000.00 5,000,000.00 4,554,600.00 1.030 2.93 1,121 1.37% Aaa/AA+/NR 4335 3130AMFS6 FHLB 0.750 06/12/2026(3.12Yr-Fixed) 06/17/2021 5,000,000.00 4,981,264.62 4,557,050.00 0.873 3.00 1,138 1.37% Aaa/AA+/NR 4347 3130AQ7E7 FHLB 1.500 06/30/2026(3.16YrNC2.00Mo-Dq-Fixed) 12/30/2021 _ 5,000,000.00 - 5,001,406.17 4,600,500.00 1.339 2.99 1,156 1.37% Aaa/AA+/NR 4384 3130AUMC5 FHLB 3.750 07/20/2026(3.22Yr-Fixed) 01/19/2023 5,000,000.00 5,000,000.00 4,995,850.00 3.750 2.96 1,176 1.37% Aaa/AA+/NR 4356 3130AQ579 FHLB 1.375 08/07/2026(3.27YrNC15.28Mo-1x-Step) 02/07/2022 5,000,000.00 5,000,000.00 4,653,950.00 1.375 2.91 1,194 1.37% Aaa/AA+/NR 4386 3133EPGT6 FFCB 3.875 04/26/2027(3.99Yr-Fixed) _-- 04/26/2023 5,000,000.00 4,994,269.97 _ 5,014,500.00 3.906 3.64 1,456 1.37% Aaa/AA+/AAA 4385 3134GYPF3 FHLMC 4.750 07/12/2027(4.20YrNC14.42Mo-Da-Fixed) 04/24/2023 - 3,300,000.00 3,295,072.83 3,297,558.00 4.791 1.90 1,533 0.90% Aaa/AA+/AAA U.S.Agencies Total 178,525,000.00 178,074,838.36 170,517,250.25 48.85% 4306 90331HNV1 USB 3.400 07/24/2023(0.23YrNC1.77Mo-Cc-Fixed) 02/21/2020 2,000,000.00 2,007,527.22 1,990,980.00 1.671 0.23 84 0.55% A2/AA-/AA- 4300 .... .......... 4300 254687CR5 DIS 4.000 10/01/2023(0.42Yr-Fixed) 12/16/2019_ 2,875,000.00 2,897,115.38 _- 2,856,628.75 2.070 0.41 153 0.79% A2/BBB+/A- _ 4355 67066GAL8 NVDA 0.584 06/14/2024(1.12YrNC_1.48Mo-Cc-Fixed)- 01/24/2022 _ 5,000,000.00 4,963,378.55 4,782,500.00 1.250- 1.09 410 1.36% A2/A/ 4325 91159HHX1 USB 2.400 07/30/2024(1.25YrNC13.96Mo-Cc-Fixed) 04/30/2021- 3,809,000.00 3,894,658.22 3,677,741.86 0.528 1.20 456 1.07% - A3/A+/A+ 4343 14913R2P1 CAT_ 0.600 09/13/2024(1.37Yr-Fixed) __ 12/02/2021 _ 5,000,000.00 4,974,416.98 4,742,900.00 0.980 _ 1.34 501 1.36% A2/A/A 4371 - 459200K59__ IBM 4.000 07/27/2025(2.24Yr-Fixed) 08/11/2022 6,000,000.00 6,023,817.07 5,935,380.00 3.810 2.09 818 1.65% A3/A-/ 4372 931142EW9 WMT 3.900 09/09/2025(2.36Yr-Fixed) 09/22/2022 5,000,000.00 4,972,501.59 4,970,350.00 4.150 2.21 862 1.36% Aa2/AA/AA 4382 717081DV2 __ PFE 2.750 06/03/2026(3.09Yr-Fixed) 01/18/2023 5,000,000.00 4,801,212.84 4,825,100.00 4.142 2.87 1,129 1.32% A1/A+/A 4375 110122CN6 BMY 3.200 06/15/2026(3.12YrNC35.52Mo-Cc-Fixed) 11/16/2022 5,000,000.00 4,817,142.90 4,870,200.00 4.480 2.84 1,141 1.32% A2/A+/ Corporates Total 39,684,000.00 39,351,770.76 38,651,780.61 10.80% Holdings Total 335,209,000.00 334,123,663.82 321,269,390.86 91.66% Report Run Date: Jul 11,2023 28 f {3n= :F Cash/Money Market/LGIP Activity Report , .,,.,,, i9=1 Huntington Beach 5;, .. 1: Portfolio:CITY vy�F'°_ °Ai Reporting Date:04/30/2023 Cash/Money Market Account Activity Accounting ID Description Activity Date Transaction Type . Transaction Amount 003 California Asset Management Program 04/03/2023 Interest Received $80,411.35 003 California Asset Management Program 04/21/2023 Deposit $10,000,000.00 003 California Asset Management Program 04/25/2023 Deposit $3,000,000.00 Activity Total $13,080,411.35 982 LAIF 04/14/2023 Interest Received $6.36 982 LAIF 04/14/2023 Withdrawal ($6.36) Activity Total $0.00 29 ° ` ` '' °� Bond Redemption Activity Report CI 1=1 Huntington Beach f Portfolio:CITY 9yfFc<0` : °- F°ft Reporting Date:04/30/2023 �NiY C . Redemption Transactions Accounting ID Transaction Cusip Description Price Settlement Posted Date Par Value Principal Accrued Interest Total Type Date Activity Total $0.00 $0.00 _ . $0.00 $0.00 30 �N....--,yam. . - - - _ _ -, iNcro hog Bond Purchase Activity Report 1=1 Huntington Beach 41 1= Portfolio:CITY #6e uNr+cA`,A�1A Reporting Date:04/30/2023 Purchase Transactions Transaction Settlement Accounting ID Type Cusip, Description Price Date Posted Date Par Value Principal Accrued Interest Total 4385 Buy 3134GYPF3 FHLMC 4.750 07/12/2027 99.85000 04/24/2023 04/24/2023 3,300,000.00 $3,295,050.00 $5,225.00 $3,300,275.00 4387 Buy 3130AUXN9 FHLB 5.00002/15/2024 100.05300 04/25/2023 04/25/2023 3,000,000.00 $3,001,590.00 $29,166.67 $3,030,756.67 4386 Buy 3133EPGT6 FFCB 3.875 04/26/2027 99.88500 04/26/2023 04/26/2023 5,000,000.00 $4,994,250.00 $0.00 $4,994,250.00 r Activity Total 11,300,000.00 $11,290,890.00 $34,391.67 $11,325,281.67 31 , e-„tvuNcre7 4 -•"'dew Bond Interest Received Activity Report -.. Huntington Beach m tf Portfolio:CITY 9y�'ouriTv I Reporting Date:04/30/2023 Bond Interest Received Accounting ID. Transaction Type Cusip Description Date Posted Interest Received Purchased Interest Adjustment Net Interest 4300 Interest Income 254687CR5 DIS 4.000 10/01/2023 04/03/2023 $57,500.00 $57,500.00 4319 Interest Income 459058JL8 IBRD 0.50010/28/2025 04/28/2023 $12,500.00 $12,500.00 Activity Total $70,000.00 $0 00 $70,000.00 32 ro �F:' NT z Statement of Cash Receipts and Disbursements and Summary of Cash by Fund City Treasurer's Office e ouN cP` r April 2023 Cash Receipts and Disbursements March 2023 April 2023 Receipts General Fund Property Tax $ 4,784,171 $ 21,208,398 Local Sales Tax 3,650,664 3,318,537 Public Safety Sales Tax 313,247 214,419 Transient Occupancy Tax(TOT) 859,306 1,214,231 Utility Users Tax(UUT) 1,976,080 2,564,310 Other Revenue 7,475,327 5,685,370 Total General Fund Revenue 19,058,795 34,205,265 Total All Other Funds Revenue 21,133,448 22,286,424 Total Receipts $ 40,192,243 $ 56,491,688 Disbursements General Fund Personnel Services (11,009,605) (11,077,248) Operating Expenses (4,395,889) (3,606,032) Capital Expenditures - - Non-Operating Expenses - (2,065,934) Total General Fund Disbursements (15,405,494) (16,749,214) Total All Other Funds Disbursements (24,001,654) (16,088,385) Total Disbursements (39,407,148) (32,837,599) Net Change in Cash Flow $ 785,095 $ 23,654,089 Summary of Cash by Fund _ March 2023 April 2023 General Fund $ 97,674,807 $ 115,130,857 General Fund Other 3,445,070 3,444,416 Capital Projects Funds 24,977,797 26,173,394 Debt Service Funds 41,025,168 41,358,285 Enterprise Funds 84,206,807 85,265,483 Trust and Agency Funds 4,855,623 5,816,861 Internal Service Funds 24,971,032 23,959,125 Special Revenue Funds 66,707,020 70,368,992 General Ledger Cash Balances * $ 347,863,324 $ 371,517,414 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 /Ofil�U%1INGrf). \ ;\ 00 t4 `o Ay Cp°NT`t .`,�4�...r®®A",,d CITY OF HUNTINGTON BEACH QUARTERLY TREASURER'S REPORT CITY TREASURER, ALISA BACKSTROM, MBA, CCMT, CPFIM QUARTER ENDED: June 30, 2023 ECONOMIC UPDATE . Federal Reserve raised rates 425 basis points in 12 months as of June 2023 • Slow process of bringing inflation down to 2% target: • Core inflation beginning to come down very slowly • Tight labor market continues — June Unemployment: 3.6% Recession still projected, but probability lowered by some ,. ••4' iarAmid-so— -:".-..,..,.....,,,,...,),„..:... ,,„,,,,,,,,........,„..„. ..... .„, : . INTEREST RATES - US TREASURY YIELD, CURVE: . . JULY 1 2022 JUNE 30,, 2023: , .... ....._ _ ... _.,_..._....... ..........____ _ _ ....... _ ,, - , Daily Treasury Rates July 2022 - June 2023 0 , 2-year US Treasury il„...... 4.87% ,i- ;,,, 5 __ _ at 6/30 1 ..„„-- -,,,,..---;;., 4 eov.1/4.,=„__ _ _ ,,,,kv . _, , ,,, ,f'4- 5-year US Treasury 2 3 ./ — ,,,,,,..1.--°-3•4' 1 4.13% at 6/30 _ ; __ 1 ,,,,, 0 ' , 1.. 0.-....—2 Yr —- Yr - , - - — ' -------- - —- - ' -, , ' ' ' -' * '. ' '•, 1 . - • " * ' . - , ' ' '.- - • . > - , ° ,- '., '. INVESTMENT PORTFOLIO -SUMMARY QUARTER END 06/30/23: Inv+etmenteType . n��000's, a k+ t Value rt Boak�Value a P Local Govt Investment Pools (LGIP) $ 29.6 $ 29.61 U.S. Treasuries $ 79.0 $ 82.7 Su ranationals 27.3 29.0 , U.S. Agencies $ 179.9 $ 189.1 Corporate Bonds $ 44.7 $ 45.9 TOTAL $ 360.5 $ 375.3 INVESTMENT PORTFOLIO - INVESTMENTS BY TYPE QUARTER END 06/30/23: -50% 22% 12% 8% 8% . • • • . • • . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .•. . .•. .•.•. . .•. . .•. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .•. . . . . . .•. .•. . .•. . . .•. . . . .•. . . . . . . . .•.•. . . . . .•.•.•. . . . . . . . . . . . . . . . . . . . . . . . . .•.•. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .•.•. . . . . . . . . . . . . . . . . . . . . . . . . . .•. . . . . .•. . . . . . . . . . . . . . . . . . . . . . . . . . . .•. .•. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .•. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .•. . . . . . . .•. . .•. . . . . . .•. . . . .•. . . . . . . . . . . . . . .•. . . . .•.•.•.•. . . . . .•. . . . .•. . . .•. . . . . . . . . . . . . . . . . . . . . . . . .•. . . . .•. . . . . . . . . .•. . . . . . . . . . .•. . U S.: A ye1 0..S* •-::1: U:S:::Trea'Suries.:::ii:Ca.r :or te.8 :rid :: S11 r riati:Orial.s :•LG#P ..: :CAMP: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INVESTMENT PORTFOLIO — SELECTED ACTIVITY QUARTER END 06/30/23: • MATURITIES: $43MM i PURCHASES: $67MM 1 , 1 • Liquidity funds moved from 1 - • Thirteen U.S. Agencies - q Y LAIF to CAMP 1 purchased for a total of 1 1 $60.3MM ,:, „,-,,-,T, • $5MM Commercial Paper er '' 1 matured y • Two Corporate Bonds purchased (Walmart Inc. $ g 38MM in U.S. Agencies and Unilever) for a total of . - -s matured $6.8MM t INVESTMENT PORTFOLIO - EARNINGS: ❑ June 2023: $730,988 Current Year - Month ❑ Up 117% from prior year LI Through 06/30/23: $5,897,287 Current Fiscal Year-to-date ❑ Up 68% from prior year LI June 2023: 2.37% Effective Rate of Return ° LI Fiscal Year-to-date: 1 .78/° LI June 2023: 4.28% Benchmark ❑ 12-month moving average 1 .5- ear Treasury Y SELECTED INVESTMENT POLICY COMPLIANCE REQUIREMENTS QUARTER END 6/30/23: . MAXIMUM SPECIFIED % INVESTMENT MINIMUM QUALITY IN MAXIMUM MATURITY OF PORTFOLIO/ TYPE REQUIREMENTS COMPLIANCE MAXIMUM;PE ISSUER Commercial Paper 270 days 25%/10% Al , "A" Rating Category YES U.S. Treasuries 5 years None None YES U.S. Agencies 5 years None None YES Supranationals 5 years 30% "AA" Rating Category YES ` ` Corporate Bonds 5 years 30%/10% "A" Rating Category YES CA Asset Management N/A Up to $75,000,000 None Program (CAMP) YES Maximum Maturities No more than 50%of portfolio maturing over 4 years. YES (Requirements are at purchase) SUMMARY: vi Safety - No principal losses Liquidity - Sufficient funds for operations Market rate of return through budgetary/economic cycles - 2.37% June, 1 .78% Fiscal Year-to-date (upward trend) Prudently managed - No compliance issues L Positive contributor to City - Earnings of $5.9 million for fiscal year 2022-23 to be utilized for operating and other expenses 4PRJVED 7-D U ITINGr 2000 Main Street, oF? t °46, Huntington Beach,CA City of Huntington Beach 92648 �G'F'fB i isa "'O CO ��t�Qyr UNTY 0, File #: 23-409 MEETING DATE: 5/16/2023 REQUEST FOR CITY COUNCIL ACTION SUBMITTED TO: Honorable Mayor and City Council Members SUBMITTED BY: Alisa Backstrom, City Treasurer PREPARED BY: Alisa Backstrom, City Treasurer Subject: Receive and File the City Treasurer's March 2023 Quarterly Investment Summary Report Statement of Issue: Receive and File the City Treasurer's Quarterly Investment Report for March 2023, 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 2023, 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 2023. 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: Pursuant to CEQA Guidelines Section 15378(b)(5), administrative activities of governments that will not result in direct or indirect physical changes in the environment do not constitute a project. Strategic Plan Goal: Non Applicable - Administrative Item Attachment(s): 1. Treasurer's Quarterly Investment Report for March 2023 2. Treasurer's PowerPoint Presentation for March 2023 City of Huntington Beach Page 1 of 1 Printed on 5/10/2023 powered?bj LegistarTM 1FRit - ' � :�,....+" .. s ..,�-�'" ., - mac s P d � .�: , ; ',' NUN11NSTON,BEACH CityHuntingtonof Beach Quarterly Investment Report March 2023 ����� G TINT j •••..•...,,. ' Off( ****p R P o a i 7- y • 1 o . _ .._ F • `�o 0 n•.• o. . 41 _OUN'N i Prepared by: Alisa Backstrom, MBA, CCMT, CPFIM City Treasurer Colin Stevens, MPP Treasury Associate 1 72 , : d 1 tea. r .• , ..•�,• w _s "wf • /"',.•,••'''- ..w .' 'w+,..w :" ' ^"_ p HURTINUTUN BEACH ' ` '" ' .._ ,� , _.'4,,,,7 war INVESTMENT PORTFOLIO SUMMARY As of March 31, 2022 Portfolio Investments Book Value%of Book Yield Par Value BookValue. Market Value Days to Maturity Port Contribution Local Govt Inv Pools(LGIP) $17,318,030.49 $17,318,030.49 5.09% $17,318,030.49 0.244% 1 Commercial Paper $5,000,000.00 $4,944,375.00 1.45% $4,936,950.00 0.067% 90 U.S.Treasuries $83,000,000.00 $82,695,606.21 24.31% $79,462,570.00 0.394% 668 Supranational $29,000,000.00 $29,037,668.89 8.54% $27,461,340.00 0.095% 618 U.S.Agencies $167,225,000.00 $166,765,787.88 49.03% $159,180,017.00 0.921% 656 Corporates $39,684,000.00 $39,350,021.87 11.57% $38,546,242.43 0.316% 717 Total $341,227,030.49 $340,111,490.34 100.00% $326,905,149.92 2.038% 621 Currently, funds within this portfolio with overnight availability are invested in the California Asset Management Program "CAMP". The CAMP account is considered a "Local Government Investment Pool" or "LGIP" for reporting purposes above. Other funds are invested in commercial paper, U.S. Treasuries, Supranationals (International Bank of Reconstruction and Development "IBRD", Inter- American Development Bank "IADB"), U.S. Agencies, and corporate bonds. Only the investment types allowed under California Government code Section 53601 and the City's Investment Policy Statement are utilized. The Federal Reserve Open Market Committee ("FOMC" or "the Fed") continued to raise the federal funds rate throughout the first quarter of 2023. At the most recent March 2023 meeting, the FOMC raised the target range for the federal funds rate to 4-3/4 to 5 percent. Over the last year, the Fed has significantly moved the target rate off the 0% level that it had maintained for two years. As interest rates rise, the market value of 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 $326.9 million versus $340.1 million, respectively. As investments are primarily held to maturity, the market value is only a point-in-time measurement and no loss is realized. The increasing interest rates will allow excess funds to be invested at higher rates resulting in increased interest income in the future. 2 73 ,r- ,,°I ,. ,. 3 '"'"° ,-—". -'''a.,,."'""„". ",--"-N---' ' ' .'.,..A..». _ s *y am ,* c 1 HUNTINBTON BEACH " . ` Li:4 PORTFOLIO BREAKOUT BY SECTOR As of March 31, 2023 Sector Breakdown Local Govt Inv Corporates _ Pools(LGIP) 11.57% 5,09 r—% Commercial k` ' �b Paper ;I _ .., 1.45% �r ° •. U.S. ,` r ; Treasuries , , ° 24.31% ,t; Supranational U.S. Agencies ;° 0 'gip W 8.54% 49.03% Vi°' Book Value% of Port The largest holding by security type at month-end was U.S. Agency securities at approximately 49% of the total overall portfolio. This was followed by U.S. Treasury securities at approximately 24% of the total portfolio as of March 31, 2023. 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 As of March 31, 2023 Period Earnings Summary(31 Days) Fiscal YTD Summary(274 Days) Net Period Earnings ' $574,350.72 Net Period.Earnings $3,875,960.38 Last FY Period Net Earnings $324,815.16 Last FY Period Net Earnings $2,482,422.39 Avg Daily Book Balance $342,511,229.73 Avg Daily Book Balance $319,315,098.55 Net Effective Annual Return. ; 1.992% Net Effective Annual Return 1.620% 3 74 reki HUNTINBTUN BEACH - ' Earnings for the month of March 2023 were $574,351, an increase of approximately 77% from the same month in the prior year. Fiscal year to date earnings of $3,875,960 were up approximately 56% from the previous fiscal year. These higher earnings were due to both the increase in interest rates and the higher average balance of the portfolio. The effective rate of return for March was 1.99%, with a fiscal year-to-date return of 1.62%. 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 has increased rapidly with the sharp rise in interest rates through 2022 and the first part 2023. At the end of March, the 12-month moving average of the interpolated 1.5-year U.S. Treasury was 3.63%. The portfolio will lag behind the benchmark, as it will take time for previously purchased securities to mature and for funds to be reinvested. QUARTERLY PORTFOLIO ACTIVITY January 1 to March 31, 2023 Investment Type Purchases/ Maturities/ $ in $000's Deposits Withdrawals Local Gov't Investment Pools $ 13,194 $ 15,003 Commercial Paper $ - $ - U.S. Treasuries $ - $ 3,000 Supranationals $ - $ - U.S. Agencies $ 20,000 $ - Corporates $ 5,000 $ 5,000 Total $ 38,194 $ 23,003 (Includes Interest Income) As the Federal Reserve continued to raise rates in the first quarter of the year, available funds were invested into higher yielding options. For the quarter ending March 31, 2023, four U.S. Agencies were purchased totaling $20 million and one $5 million corporate bond (Pfizer Inc.) was purchased. One $5 million corporate bond matured, and one $3 million U.S. Treasury matured. Looking forward, additional funds will become available to invest as the property taxes are received by the City in April. 4 75 1 -nam - ro `€, b *" ,. :�d'=x. ..r.... , — .,,,' ` ,`'' .. rr..�^, a.r is d '`,wmfF—�,.' , .x. ,,tea a.+1a a _ a^ =R y . b[we° xi ,�m �ur�,"`'«.,s"" +m�'a" .«,�. p .. .. ` '%w-•'�`°�+um, mow„' ars. ` 4- 9.s. ,� . m^ HBNTINGTON BEACH +`¢ 6t� �� `' _ s �s d °s ry n� COMPLIANCE SUMMARY As of March 31, 2023 MAXIMUM v SPEE3IFIED%OF ° . INVESTMENT . MAXIMUM ° MINIMUM QUALITY IN rORTFOLIO/ ° TYPE MATURITY REQUIREMENTS COMPLIANCE? z MAXIMUM PER 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. ECONOMIC AND MARKET OVERVIEW MARKET SUMMARY: DECEMBER 30, 2022- MARCH 31, 2023 Fed Funds 2-Yr. 10-Yr. As of: Rate Treasury Treasury S&P 500 DJIA 12/30/2022 4.25-4.50% 4.41% 3.88% $ 3,839.50 $ 33,147.25 3/31/2023 4.75-5.00% 4.06% 3.48% $ 4,109.31 $ 33,274.15 %Change 11.11% -7.94% -10.31% 7.03% 0.38% 5 76 11 HUNTINGTON BEACH ,r a'% 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 recent indicators point to modest growth in spending and production. In addition, the Committee anticipates that some additional policy firming may be appropriate in order to attain a stance of monetary policy that is sufficiently restrictive to return inflation to their goal of 2 percent. Short-term interest rates rose in the first half of the quarter and began to drop in March after the banking issues emerged. The 2-year U.S. Treasury peaked at 5.05% on March 8, subsequently dropped to 3.76% in the following two weeks, and ultimately finished the quarter at 4.06%. This rapid fall in rates during this time was likely attributable to investors choosing to allocate money into bonds as a flight to safety after the news of the bank failures emerged. Fixed Income / Equity Markets: The yield on the 10-year U.S. Treasury finished the quarter at 3.48%, down from 3.88% at the end of 2022. The S&P 500 increased by 7.03% while the DJIA increased by 0.38% respectively, over the same period. Employment: Total nonfarm payroll employment rose by 236,000 in March, and the unemployment rate was little changed at 3.5 percent. Notable job gains occurred in leisure and hospitality, government, professional and business services, and health care. 6 77 o r}r Portfolio _g �,y� HuntingtonBeach u U , a Portfolio:CITY Reporting Date:(FY2023) 'ci Q'L ,�S0 i 03/01/2023-03/31/2023 Full Accrual Basis. Par Value Period Earnings Summary(31 Days) Fiscal YTD Summary(274 Days). Period Transactions Net Period Earnings $574,350.72 Net Period Earnings $3,875,960.38 Redemptions 0 Total Par Value . $341,227,030.49 Last FY Period Net Earnings $324,815.16 Last FY Period Net Earnings $2,201,914.13 Purchases 0 Avg Daily Book Balance $342,511,229.73 Avg Daily Book Balance "' $319,315,098.55 Total Activity 0 Net Effective Annual Return 1.992% Net Effective Annual Return 1.620% FiscalYTD Transact°,--- I Redemptions ' Purchases 14 Book Value Total Activity 22 Portfolio Book Value $340,111,490.34 Certification Accrued Interest Paid at Purchase $53,524.31 I certify that this report and the corresponding pages attached accurately reflect all portfolio combined investments and conforms with all California state statutes and the Huntington Beach investment policy filed on January 17,2023.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations.Market values are provided by US Bank via Interactive Data Corp(IDC) Total Book Value $340,165,014.65 The City Portfolio{uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes.This period,that rate is equal to:3.630% '4 E City Treasurer_______ 03/31/2023 Alisa Backstrom Title Date Portfolio Investments Market Value Book Value%of Book Yield i Par Value Book Value Port , Market Value Contribution' Days to M Portfolio Market Value $326,905,149.92 Local Govt Inv Pools(LGIP) $17,318,030.49 $17,318,030.49 5.09% $17,318,030.49 0.244% 1 Accrued Interest Paid at $53,524.31 Commercial Paper $5,000,000.00 $4,944,375.00 1.45% $4,936,950.00 0.067% 90 Purchase° U.S.Treasuries $83,000,000.00 $82,695,606.21 24.31% $79,462,570.00 0.394% 668 Supranational $29,000,000.00 $29,037,668.89 8.54% $27,461,340.00 0.095% 618 Total Market Value $326,958,674.23 U.S.Agencies $167,225,000.00 $166,765,787.88 49.03% $159,180,017.00 0.921% 656 Corporates $39,684,000.00 $39,350,021.87 11.57% $38,546,242.43 0.316% 717 Total $341,227,030.49 $340,111,490.34 100.00% $326,905,149.92 2.038% 621 7 78 Reporting Period: Cash By Fund Report Portfolio:CITY 03/31/2023 City of Huntington Beach Accounting ID Pool Description Type 111= Book Value Market Value '. %of Portfolio Composite Rating 003 California Asset Management Program LGIP 17,318,030.49 17,318,030.49 17,318,030.49 4.80 5.09% NR ,CITY Fund Total ' 17,318,030.49° 17,318,030.49 17,318,030.49 5.09% 1 • Report Run Date: Apr 11,2023 79 Page:1 Reporting Period: Securities By Structure Report Portfolio:CITY 03/31/2023 City of Huntington Beach i Accounting ID Cusip Security Description Purchase Date Par Value Book Value Market Value Book Yield Effective Days to (%)of Mdy/S&P/Fitch Duration Maturity Portfolio 4374 62479MTW3 MUFGBK 0.000 06/30/2023(0.25Yr-Disco) 10/05/2022 5,000,000.00 4,944,375.00 4,936,950.00 4.602 0.25 90 1.45% P-1/A-1/F1 1 Commercial Paper Total 5,000,000.00. 4,944,375.00 4,936,950.00 " • 1.45% 4352 912828592 T 1.250 07/31/2023(0.33Yr-Fixed) 01/14/2022 5,000,000.00 5,008,897.69 4,942,200.00 0.711 0.33 121 1.47% Aaa/AA+/AAA 4357 - 91282CCN9 T 0.125 07/31/2023(0.33Yr-Fixed) - 02/02/2022 5,000,000.00 4,985,750.80 4,924,400.00 0.991 0.33 121 1.47% Aaa/AA+/AAA 4354 9128282D1 T 1.375 08/31/2023(0.42Yr-Fixed) 01/21/2022 5,000,000.00 5,009,710.39 4,931,450.00 0.903 0.41 152 1.47% Aaa/AA+/AAA 4364 9128286Z8 T 1.750 06/30/2024(1.25Yr-Fixed) 05/02/2022 7,000,000.00 6,917,290.84 6,773,060.00 2.730 1.21 456 2.03% Aaa/AA+/AAA 4370 912828XX3 T 2.000 06/30/2024(1.25Yr-Fixed) 05/27/2022 5,000,000.00 4,972,058.82 4,851,550.00 2.462 1.21 456 1.46% Aaa/AA+/AAA 4353 912828Y87 T 1.750 07/31/2024(1.33Yr-Fixed) 01/14/2022 5,000,000.00 5,047,441.87 4,828,900.00 1.028 1.29 487 1.48% Aaa/AA+/AAA 4358 912828Y87 T 1.750 07/31/2024(1.33Yr-Fixed) 02/11/2022 4,000,000.00 4,008 064.42 3,863,120.00 1.595 1.29 487 1.18% Aaa/AA+/AAE - 4361 912828D56 T 2.375 08/15/2024(1.37Yr-Fixed) 03/22/2022 5,000,000.00 5,008,943.84 _ 4,866,800.00 2.240 1.33 502 1.47% Aaa/AA+/AA1' s 4298 - 912828YH7 _ T 1.500 09/30/2024(1.50Yr-Fixed) 12/05/2019 5,000,000.00 4,993,153.89 4,797,450.00 1.595 1.46 548 1.47% Aaa/AA+/AA . 4350 912828YM6 T 1.50010/31/2024(1.59Yr-Fixed) 12/31/2021 3,000,000.00 3,027,137.48 2,873,910.00 0.920 1.53 579 0.89% Aaa/AA+/AAA 4376 •91282CEU1 T 2.875 06/15/2025(2.21Yr-Fixed) 11/18/2022 3,000,000.00 2,912,977.72 2,929,230.00 4.276 2.09 806 0.86% Aaa/AA+/AAA 4330 91282CAB7 T 0.250 07/31/2025(2.33Yr-Fixed) 05/19/2021 5,000,000.00 4,958,010.95 4,591,600.00 0.615 2.27 852 1.46% Aaa/AA+/AAA 4340 91282CAJ0 T 0.250 08/31/2025(2.42Yr-Fixed) 09/27/2021 5,000,000.00 4,942,272.49 4,580,300.00 0.735 2.36 883 1.45% Aaa/AA+/AAA 4351 9128284Z0 T 2.750 08/31/2025(2.42Yr-Fixed) 12/31/2021 5,000,000.00 5,194,405.08 _ 4,862,300.00 1.103 2.30 883 1.53% Aaa/AA+/AAA 4341 91282CCP4 T 0.625 07/31/2026(3.33Yr-Fixed) 09/30/2021 - 5,000,000.00 4,947,175.72 4,510,150.00 0.950 3.22 1,217 1.45% Aaa/AA+/AAA - 4339 91282CCW9 T 0.750 08/31/2026(3.42Yr-Fixed) 09/23/2021 1,000,000.00 995,327.79 903,750.00 0.890 3.30 1,248 0.29%_ Aaa/AA+/AAA 4342 91282CCW9 T 0.750 08/31/2026(3.42Yr-Fixed) 11/23/2021 5,000,000.00 4,911,567.16 4,518,750.00 1.285 3.30 1,248 1.44% Aaa/AA+/AAA 4379 91282CEW7 T 3.250 06/30/2027(4.25Yr-Fixed) 12/29/2022 5,000,000.00 4,855,419.25 4,913,650.00 1 4.000 3.87 1,551 1.43% Aaa/AA+/AAA U.S.Treasuries Total ' 83,000,000.00 82,695,606.21 79,462,570.00 24.31% 4290 45818WBX3 IADB 2.870 07/20/2023(0.30Yr-Fixed) 03/28/2019 4,000,000.00 4,006,877.11 3,973,240.00 2.270 0.30 110 1.18% Aaa/AAA/AAA 4291 45818WBY1 IADB 2.960 08/16/2023(0.38Yr-Fixed) 03/28/2019 5,000,000.00 5,012,229.56 4,959,850.00 2.271 0.37 137 1.47% Aaa/AAA/AAA 4323 459056HV2 IBRD 1.500 08/28/2024(1.41Yr-Fixed) 04/23/2021 5,000,000.00 5,075,061.24 4,805,200.00 0.425 1.37 515 1.49% Aaa/AAA/AAA 4338 4590581E4 IBRD 0.376 07/28/2025(2.32Yr-Fixed) 07/30/2021 5,000,000.00 4,976,135.61 4,602,300.00 0.583 2.26 849 1.46% Aaa/AAA/AAA 4319 459058JL8 IBRD 0.500 10/28/2025(2.58Yr-Fixed) 01/12/2021 5,000,000.00 4,998,523.03 4,581,800.00 0.512 2.50 941 1.47% Aaa/AAA/AAA 4324 45906M2L4 IBRD 0.650 02/24/2026(2.90YrNC1.77Mo-Dq-Fixed) 04/30/2021 5,000,000.00 4,968,842.33 4,538,950.00 _ 0.870 2.81 1,060 1.46% Aaa/AAA/AAA Supranational Total 29,000,000.00 29,037,668.89 27,461,340.00 8.54% ( 4285 3130AFWX1 FHLB 2.550 05/30/2023(0.16Yr-Fixed) 02/26/2019 5,000,000.00 5,000,000.00 4,982,200.00 2.550 0.16 59 1.47% Aaa/AA+/Ni. 4281 313383QR5 _- FHLB 3.250 06/09/2023(0.19Yr-Fixed) 12/20/2018 _ 5,000,000.00 5,004,479.80_ 4,986,550.00 _ 2.743 0.19 69 1.47% Aaa/AA+/NR _I 4368 313383MD0 FHLB 2.625 06/09/2023(0.19Yr-Fixed) _ 05/09/2022 7,000,000.00 7,005,492.31 6,968,010.00 2.201 0.19 69 2.06% Aaa/AA+/NR 4287 3137EAEN5 FHLMC 2.750 06/19/2023(0.22Yr-Fixed) 03/08/2019 3,000,000.00 3,001,837.38 2,986,680.00 2.450 0.21 79 0.88% Aaa/AA+/AAA 4288 3137EAEN5 FHLMC 2.750 06/19/2023(0.22Yr-Fixed) 03/14/2019 3,000,000.00 3,001,919.26 _ 2,986,680.00 2.437 0.21 79 0.88% Aaa/AA+/AAA 4383 3130AUHE7 FHLB 0.000 07/26/2023(0.32Yr-Disco) 01/18/2023 5,000,000.00 5,001,749.47 5,001,400.00 4.755 0.31 116 1.47% Aaa/AA+/NR - 4289 313500043 FNMA 2.875 09/12/2023(0.45Yr-Fixed) 03/15/2019 5,000,000.00 5,008,622.51 4,954,850.00 2.465 0.44 164 1.47% Aaa/AA+/AAA 4377 313384ND7 FHDN 0.000 10/19/2023(0.55Yr-Disco) 12/05/2022 3,000,000.00 2,922,866.25 2,923,890.00 4.817 0.54 201 0.86% P-1/A-1+/NR ' 4292 - 3133ECHX5 FFCB 2.260 03/13/2024(0.95Yr-Fixed) 05/23/2019 5,000,000.00 5,001,067.51 4,886,200.00 2.236 0.92 347 1.47% Aaa/AA+/AAA 4378 3130ATVC8 FHLB 4.875 06/14/2024(1.20Yr-Fixed) 12/28/2022 5,000,000.00 5,007 202 95 5,018,450.00 4.740 1.14 440 1.47% Aaa/AA+/NR 4348 3130AQD42 FHLB 0.920 06/28/2024(1.24YrNC2.92Mo-Dq-Fixed) 12/28/2021 5,000,000.00 5,000,000.00 4,773,850.00 0.920 1.21 454 1.47% Aaa/AA+/NR 4380 3134GYCP5 FHLMC 5.000 07/23/2024(1.31YrNC6.77Mo-1x-Fixed) 01/23/2023 5,000,000.00 5,000,000.00 4,992,450.00 5.000 0.77 479 1.47% Aaa/AA+/AAA 4344 3130AQ3C5 FHLB 1.000 08/28/2024(1.41YrNC1.91Mo-Dq-Fixed) 12/02/2021 4,000,000.00 4,000,000.00 3,807,200.00 1.000 1.37 515 1.18% Aaa/AA+/NR 9 Report Run Date: Apr 11,2023 so Page:1 Reporting Period: Securities By Structure Report Portfolio:CITY 03/31/2023 City of Huntington Beach Accounting ID Cusip Security Description Purchase Date Par Value Book Value Market Value Book Yield DEffecti urationve :Daysau to (%)of M t rity Portfolio Mdy/S&P/Fitch 4373 3133XVDG3 FHLB 4.375 09/13/2024(1.45Yr-Fixed) 09/23/2022 5,000,000.00 5,009,226.90 4,989,250.00 4.240 1.39 531 1.47% Aaa/AA+/NR 4336 3130AMXJ6 FHLB 0.500 09/30/2024(1.50YrNC2.99Mo-Dq-Fixed) 06/30/2021 5,000,000.00 5,000,000.00 4,712,150.00 0.500 1.46 548 1.47% Aaa/AA+/NR 4346 3130AQD59 FHLB 1.000 09/30/2024(1.50YrNC2.99Mo-Dq-Fixed) 12/30/2021 5,000,000.00 5,000,000.00 4,747,900.00 1.000 1.46 548 1.47% Aaa/AA+/NR --4349 3130AQD59 FHLB 1.000 09/30/2024(1.50YrNC2.99Mo-Dq-Fixed) 12/30/2021 5,000,000.00 5,000,000.00 4,747,900.00 1.000 1.46 548 1.47% Aaa/AA+/NR 4334 3130AMW65 FHLB 0.500 12/30/2024(1.75YrNC2.99Mo-Dq-Fixed) 06/30/2021 5,000,000.00 5,000,000.00 4,682,950.00 0.500 1.70 639 1.47% Aaa/AA+/NR 4332 3130AMQ62 FHLB 0.625 03/14/2025(1.95YrNC2.46Mo-Dq-Fixed) 06/14/2021 5,000,000.00 5,000,000.00 4,661,300.00 0.625 1.90 713 1.47% Aaa/AA+/NR 4329 3135G04Z3 FNMA 0.500 06/17/2025(2.21Yr-Fixed) 05/14/2021 5,000,000.00 4,986,030.82 4,620,550.00 0.628 2.15 808 1.47% Aaa/AA+/AAA 4381 3135G04Z3 FNMA 0.500 06/17/2025(2.21Yr-Fixed) 01/13/2023 5,000,000.00 4,633,421.05 4,620,550.00 4.013 2.15 808 1.36% Aaa/AA+/AAA 4345 3130AQ5S8 FHLB 1.250 06/30/2025(2.25YrNC2.99Mo-Dq-Fixed) 12/30/2021 4,650,000.00 4,650,000.00 4,364,908.50 1.250 2.16 821 1.37% Aaa/AA+/NR 4327 3130AMDL3 FHLB 0.800 07/25/2025(2.32YrNC1.81Mo-Dq-Fixed) 05/25/2021 5,000,000.00 5,000,000.00 4,638,150.00 0.800 2.24 846 1.47% Aaa/AA+/NR 4360 3130AQT94 FHLB 1.600 08/28/2025(2.41Yr-Fixed) 03/04/2022 4,575,000.00 4,552,067.54 4,305,898.50 1.816 2.31 880 1.34% Aaa/AA+/N1 - 4331 3130AMQ54 FHLB 0.700 09/1.6/2025(2.46YrNC5.55Mo-Da-Fixed) 06/16/2021 5,000,000.00 5,000,000.00 4,608,400.00 0.700 2.39 899 1.47% Aaa/AA+/Nf, 4318 3135GA2Z3 FNMA 0.560 11/17/2025(2.63YrNC7.59Mo-Da-Fixed) 01/11/2021 3,000,000.00 3,001,787.97 2,744,400.00 0.500 2.55 961 0.88% Aaa/AA+/AA„ 4320 3130AKN36 FHLB 0.525 01/15/2026(2.79YrNC0.49Mo-Dq-Fixed) 01/15/2021 5,000,000.00 4,997,211.11 4,532,800.00 0.545 2.71 1,020 1.47% Aaa/AA+/NR 4321 3130AKN85 FHLB 0.550 61/20/2026(2.81YrNC0.66Mo-Dq-Fixed) 01/20/2021 5,000,000.00 4,998,598.61 4,534,400.00 0.560 2.72 1,025 1.47% Aaa/AA+/NR 4322 3130AKUS3 FHLB 0.500 01/28/2026(2.83YrNC0.92Mo-Dq-Fixed) 01/28/2021 - 5,000,000.00 5,000,000.00 4,525,250.00 0.500 2.74 1,033 1.47% Aaa/AA+/NR 4333 3130ALEY6 FHLB 0.800 03/04/2026(2.92YrNC2.14Mo-Dq-Fixed) 06/10/2021 5,000,000.00 5,000,000.00 4,548,000.00 0.800 2.82 1,068 1.47% Aaa/AA+/NR 4328 3130AMJN3 _ FHLB 1.030 05/26/2026(3.15YrNC1.84Mo-Dq-Fixed) 05/26/2021 5,000,000.00 5,000,000.00 4,555,900.00 1.030 3.02 1,151 1.47% Aaa/AA+/NR 4335 3130AMFS6 FHLB 0.750 06/12/2026(3.20Yr-Fixed) 06/17/2021 5,000,000.00 4,980,763.23 4,531,950.00- 0.873 3.08 1,168 1.46% Aaa/AA+/NR 4347 3130AQ7E7 FHLB 1.500 06/30/2026(3.25YrNC2.99Mo-Dq-Fixed) 12/30/2021 5,000,000.00 5,001,443.21 4,603,650.00 1.339 3.06 1,186 1.47% Aaa/AA+/NR 4384 3130AUMC5 FHLB 3.750 07/20/2026(3.30Yr-Fixed) 01/19/2023 _ 5,000,000.00 5,000,000.00 _ 4,979,900.00 3.750 3.04 1,206 1.47% Aaa/AA+/NR - 4356 3130AQS79 FHLB 1.375 08/07/2026(3.35YrNC16.26Mo-1x-Step) 02/07/2022 5,000,000.00 5,000,000.00 4,655,450.00 1.375 2.97 1,224 1.47% Aaa/AA+/NR 1 U.S.Agencies Total 167,225,000.00 166,765,787.88 159,180,017.00 49.03% 4306 90331HNV1 USB 3.400 07/24/2023(0.31YrNC2.76Mo-Cc-Fixed) 02/21/2020 2,000,000.00 2,010,247.90 1,987,160.00 1.671 0.31 114 0.59% A1/AA-/A1 4300 254687CR5 DIS 4.000 10/01/2023(0.50Yr-Fixed) 12/16/2019 2,875,000.00 2,901,538.46 2,856,945.00 2.070 0.48 183 0.85% A2/BBB+/A- 4355 67066GAL8 NVDA 0.584 06/14/2024(1.20YrNC2.46Mo-Cc-Fixed) 01/24/2022 5,000,000.00 4,960,652.38 4,774,200.00 1.250 1.18 440 1.46% A2/A/ 4325 91159HHX1 USB 2.400 07/30/2024(1.33YrNC14.95Mo-Cc-Fixed) 04/30/2021 3,809,000.00 3,900,381.49 3,661,477.43 0.528 1.28 486 1.15% A2/A+/A+ 4343 14913R2P1 CAT 0.600 09/13/2024(1.45Yr-Fixed) 12/02/2021 5,000,000 00 - 4,972,857.04 4,726,400.00 0.980 1.42 531 1.46% _ A2/A/A 4371 - 459200KS9 IBM 4.000 07/27/2025(2.32Yr-Fixed) 08/11/2022 6,000,000.00 6,024,703.56 5,932,260.00 3.810 2.17 848 _ 1.77% A3/A-/ 4372 931142EW9 WMT 3.900 09/09/2025(2.44Yr-Fixed) 09/22/2022 5,000,000.00 4,971,528.77 4,984,850.00 4.150 2.30 892 1.46% Aa2/AA/AA 4382 717081DV2 PFE 2.750 06/03/2026(3.17Yr-Fixed) 01/18/2023 5,000,000.00 4,795,849.88 4,791,000.00 4.142 2.96 1,159 1.41% A1/A+/Au 4375 110122CN6 - BMY 3 200 06/15/2026(3.21YrNC36 50Mo_Cc Fixed) 11/16/2022 5,000,000.00 4,812 262 37- 4,831 950 00 4.480 2.93-I 1,171 -1.41%-I A2/A+/WD Corporates Total 39,684,000.00 39,350,021.87 38,546,242.43 11.57% Holdings Total 323,909,000.00 - 322,793,459.85 309,587,119.43 94.91% 10 Report Run Date: Apr 11,2023 81 Page:2 II _ �..„7 ,'tYSINGFp4 t Cash/Money Market/LGIP Activity Report Huntington Beach 'n' Portfolio:CITY 0 cQuN '4''• Reporting Date:03/31/2023 Cash/Money Market Account Activity Accounting ID Description Activity Date Transaction Type. Transaction Amount 003 California Asset Management Program 03/01/2023 Interest Received $51,900.60 003 California Asset Management Program 03/08/2023 Deposit $3,000,000.00 003 California Asset Management Program 03/16/2023 Withdrawal ($3,000,000.00) 003 California Asset Management Program 03/20/2023 Deposit $3,000,000.00 003 California Asset Management Program 03/28/2023 Withdrawal ($4,000,000.00) Activity Total ($948,099.40) 11 82 1t1N1180pn • ... \-I, Bond Redemption Activity Report Huntington Beach Portfolio:CITY c � �,4,e Reporting Date:03/31/2023 UtirfRedemption Transactions Transaction Settlement Accounting ID Type , Cusip Description Price Date Posted Date Par Value Principal Accrued Interest Total Activity Total $0.00 $0.00 $0.00 $0.00 12 83 .'; d Bond Purchase Activity Report Huntington Beach Portfolio:CITY 49<k^ u rt A' Reporting Date:03/31/2023 Purchase Transactions Transaction Settlement Accounting ID Type Cusip Description Price Date Posted Date Par Value Principal. Accrued Interest Total Activity Total 0.00 $0.00 $0.00 $0.00 13 84 lutairflriaicr0*441/4 _ -, Bond Interest Received Activity Report z's . ,`'g Huntington Beach vy Portfolio:CITY • fi�U c�L�4� Reporting Date:03/31/2023 Bond Interest Received Accounting ID Transaction Type Cusip Description Date Posted Interest Received Purchased Interest Adjustment Net Interest 4333 Interest Income 3130ALEY6 FHLB 0.800 03/04/2026 03/06/2023 $20,000.00 $20,000.00 4372 Interest Income 931142EW9 WMT 3.900 09/09/2025 03/09/2023 $97,500.00 $7,041.67 $90,458.33 4343 Interest Income 14913R2P1 CAT 0.600 09/13/2024 03/13/2023 $15,000.00 $15,000.00 4373 Interest Income 3133XVDG3 FHLB 4.375 09/13/2024 03/13/2023 $109,375.00 $6,076.39 $103,298.61 4289 Interest Income 3135G0U43 FNMA 2.875 09/12/2023 03/13/2023 $71,875.00 $71,875.00 4292 Interest Income 3133ECHX5 FFCB 2.260 03/13/2024 03/13/2023 $56,500.00 $56,500.00 4332 Interest Income 3130AMQ62 FHLB 0.625 03/14/2025 03/14/2023 $15,625.00 $15,625.00 4331 Interest Income 3130AMQ54 FHLB 0.700 09/16/2025 03/16/2023 $17,500.00 $17,500.00 4336 Interest Income 3130AMXJ6 FHLB 0.500 09/30/2024 03/30/2023 $12,500.00 $12,500.00 4298 Interest Income 912828YH7 T 1.500 09/30/2024 03/31/2023 $37,500.00 $37,500.00 Activity Total $453,375.00 $13,118.06 $440,256.94 14 85 0* 45 *- Statement of Cash Receipts and Disbursements and Summary of Cash by Fund Finance Department March 2023 Cash Receipts and Disbursements February 2023 March 2023 Receipts !General Fund Property Tax $ 162,618 $ 4,784,171 Local Sales Tax 4,782,858 3,650,664 Public Safety Sales Tax 237,163 313,247 Transient Occupancy Tax(TOT) 966,560 859,306 Utility Users Tax(UUT) 2,145,110 1,976,080 Other Revenue 5,228,407 7,475,327 Total General Fund Revenue 13,522,715 19,058,795 Total All Other Funds Revenue 14,840,057 21,133,448 Total Receipts $ 28,362,772 $ 40,192,243 Disbursements General Fund Personnel Services (10,819,623) (11,009,605) Operating Expenses (4,084,763) (4,395,889) Capital Expenditures (323) - Non-Operating Expenses (1,418,583) - Total General Fund Disbursements (16,323,291) (15,405,494) Total All Other Funds Disbursements (17,142,796) (24,001,654) Total Disbursements (33,466,087) (39,407,148) Net Change in Cash Flow $ (5,103,315) $ 785,095 Summary of Cash by Fund February 2023 March 2023 General Fund $ 94,263,953 $ 97,917,254 General Fund Other 3,420,166 3,445,070 Capital Projects Funds 26,264,184 24,673,034 Debt Service Funds 40,571,401 41,025,168 Enterprise Funds 83,832,587 84,120,410 Trust and Agency Funds 5,943,692 4,855,623 Internal Service Funds 27,660,582 24,971,032 Special Revenue Funds 64,918,138 66,652,206 General Ledger Cash Balances * $ 346,874,701 $ 347,659,796 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 86 .471146 Portfolio Summary �`` �' . Huntington Beach 'T. Portfolio:CITY i .71" Reporting Date:(FY2023) ce>;!*.,,.% ?�0 02/01/2023-02/28/2023 12.1T1 Full Accrual Basis Par Value Period Earnings Summary(28 Days) Fiscal YTD Summary(274 Days) Period Transactions Net Period Earnings $535,524.25 Net Period Earnings $3,875,960.38 Redemptions 1 Total Par Value $342,175,129.89 Last FY Period Net Earnings $303,699.41 Last FY Period Net Earnings $2,201,914.13 Purchases 0 Avg Daily Book Balance $339,930,474.75 Avg Daily Book Balance $319,315,098.55 Total Activity 1 Net Effective Annual Return 2.073% Net Effective Annual Return 1.620% — - Fiscal YTD Transact;c=--\ Redemptions Purchases 14 , Book Value Total Activity 22 Portfolio Book Value $341,019,013.34 Certification Accrued Interest Paid at $66,642.37 I certify that this report and the corresponding pages attached accuratelyreflect allportfolio combined investments and conforms with all CaliforniaPurchase p g state statutes and the Huntington Beach investment policy filed on January 17,2023.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations.Market values are provided by US Bank via Interactive Data Corp(IDC) Total Book Value $341,085,655.71 The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes.This period,that rate is equal to:3.450% rI E City Treasurer 02/28/2023 Alisa Backstrom Title Date Portfolio Investments Market Value ParvValue Book Value Mark Book Value%of Book Yield Market Value, Days to M, ; Portfolio Market Value $323,520,254.82 Port Contribution Local Govt Inv Pools(LGIP) $18,266,129.89 $18,266,129.89 5.36% $18,266,129.89 0.253% 1 Accrued Interest Paid at Commercial Paper $5,000,000.00 $4,925,215.28 1.44% $4,914,450.00 0.066% 121 $66,642.37 Purchase U.S.Treasuries $83,000,000.00 $82,687,220.15 24.25% $78,364,180.00 0.393% 699 Supranational $29,000,000.00 $29,044,921.50 8.52% $27,077,580.00 0.095% 649 Total Market Value $323,586,897.19 U.S.Agencies $167,225,000.00 $166,747,253.56 48.90% $156,848,138.00 0.919% 687 Corporates $39,684,000.00 $39,348,272.97 11.54% $38,049,776.93 0.315% 748 Total $342,175,129.89 $341,019,013.34 100.00% $323,520,254.82 2.041% 649 16 87 Reporting Period: Cash By Fund Report Portfolio:CITY 02/28/2023 City of Huntington Beach Accounting ID Pool Description Type Par Value Book Value Market Value Rate: %of Portfolio Composite.Rating 003 California Asset Management Program LGIP 18,266,129.89 18,266,129.89 18,266,129.89 4.73 5.36% NR CITY Fund Total 18,266,129.89 18,266,129.89 18,266,129.89, 5.36% 17 Report Run Date: Apr 11,2023 88 Page:1 Reporting Period: Securities By Structure Report Portfolio:CITY 02/28/2023 City of Huntington Beach of Accounting ID Cusip Security Description Purchase Date Par Value Book Value Market Value Book Yield Effective Days to (%)Duration Maturity- Portfolio Mdy/S&P/Fitch 4374 62479MTW3 MUFGBK 0.000 06/30/2023(0.33Yr-Disco) 10/05/2022 5,000,000.00 4,925,215.28 4,914,450.00 4.602 0.33 121 1.44% P-1/A-1/F1 Commercial Paper Total 5,000,000.00 4,925,215.28 4,914,450.00 1.44% 4352 912828S92 T 1.250 07/31/2023(0.42Yr-Fixed) 01/14/2022 5,000,000.00 5,011,177.26 4,922,850.00 0.711 0.41 152 1.47% Aaa/AA+/AAA 4357 91282CCN9 T 0.125 07/31/2023(0.42Yr-Fixed) 02/02/2022 5,000,000.00 4,982,100.18 4,899,400.00 0.991 0.41 152 1.46% Aaa/AA+/AAA 4354 9128282D1 T 1.375 08/31/2023(0.50Yr-Fixed) 01/21/2022 5,000,000.00 5,011,690.80 4,909,750.00 0.903 0.49 183 1.47% Aaa/AA+/AAA 4364 9128286Z8 T 1.750 06/30/2024(1.33Yr-Fixed) 05/02/2022 7,000,000.00 6,911,668.06 6,701,170.00 2.730 1.29 487 2.03% Aaa/AA+/AAA 4370 912828XX3 T 2.000 06/30/2024(1.33Yr-Fixed) 05/27/2022 5,000,000.00 4,970,159.31 4,799,400.00 2.462 1.29 487 1.46% Aaa/AA+/AAA 4353 912828Y87 T 1.750 07/31/2024(1.42Yr-Fixed) 01/14/2022 5,000,000.00 5,050,461.79 4,772,850.00 1.028 1.37 518 1.48% Aaa/AA+/AAA 4358 912828Y87 T 1.750 07/31/2024(1.42Yr-Fixed) 02/11/2022 4,000,000.00 4,008,577.76 3,818,280.00 1.595 1.37 518 1.18% Aaa/AA+/A4. 4361 912828056 T 2.375 08/15/2024(1.46Yr-Fixed) 03/22/2022 5,000,000.00 5,009,496.15 4,811,550.00 2.240 1.41 533 1.47% Aaa/AA+/AA i 4298 912828YH7 - - T 1.500 09/30/2024(1.59Yr-Fixed) 12/05/2019 5,000,000.00 4,992,766.61 4,736,350.00 1.595 1.52 579 1.46% Aaa/AA+/AAA+ 4350 912828YM6 T 1.500 10/31/2024(1.67Yr-Fixed) 12/31/2021 3,000,000.00 3,028,590.43 2,835,480.00 0.920 1.61 610 0.89% Aaa/AA+/AAA 4376 91282CEU1 T 2.875 06/15/2025(2.29Yr-Fixed) 11/18/2022 3,000,000.00 2,909,630.71 2,883,270.00 4.276 2.17 837 0.85% Aaa/AA+/AAA 4330 91282CAB7 T 0.250 07/31/2025(2.42Yr-Fixed) 05/19/2021 5,000,000.00 4,956,483.18 4,504,700.00 0.615 2.35 883 1.45% Aaa/AA+/AAA 4340 91282CAJ0 T 0.250 08/31/2025(2.50Yr Fixed) 09/27/2021 5,000,000.00 4,940 245.82 4,490,650.00 0.735 2.44 914 1.45% Aaa/AA+/AAA 4351 9128284Z0 T 2.750 08/31/2025(2.50Yr-Fixed) 12/31/2021 5,000,000.00 5,201,230.17 4,780,650.00 1.103 2.38 914 1.53% Aaa/AA+/AAA 4341 91282CCP4 T 0.625 07/31/2026(3.42Yr-Fixed) 09/30/2021 5,000,000.00 4,945,830.15 4,404,900.00 0.950 3.30 1,248 1.45% Aaa/AA+/AAA 4339 91282CCW9 T 0.750 08/31/2026(3.50Yr-Fixed) 09/23/2021 1,000,000.00 995 21173 882 580.00 0.890 3.38 1,279 0.29% Aaa/AA+/AAA 4342 91282CCW9 T 0.750 08/31/2026(3.50Yr-Fixed) 11/23/2021 5,000,000.00 4,909,370.52 4,412,900.00 1.285 3.38 1,279 1.44% Aaa/AA+/AAA 4379 91282CEW7 T 3.250 06/30/2027(4.33Yr-Fixed) 12/29/2022 5,000,000.00 4,852,529.50 4,797,450.00 4.000 3.95 1,582 1.42% Aaa/AA+/AAA U.S.Treasuries Total, 83,000,000.00 82,687,220.15 78,364,180.00 24.25% 4290 45818WBX3 IADB 2.87007/20/2023(0.39Yr-Fixed) 03/28/2019 4,000,000.00 4,008,769.90 3,960,680.00 2.270 0.38 141 1.18% Aaa/AAA/AAA 4291 45818WBY1 IADB 2.960 08/16/2023(0.46Yr-Fixed) 03/28/2019_ _ 5,000,000.00 5,014,947.24 4,943,650.00 2.271 0.45 168 1.47% Aaa/AAA/AAA 4323 459056HV2 IBRD 1.500 08/28/2024(1.49Yr-Fixed) 04/23/2021 5,000,000.00 - 5,079,502.74 4,743,100.00 0.425 1.45 546 1.49% Aaa/AAA/AAA 4338 459058JE4 IBRD 0.376 07/28/2025(2.41Yr-Fixed) 07/30/2021 5,000,000.00 4,975,280.225 4,514,750.00 0.583 2.34 880 1.46% Aaa/AAA/AAA 4319 459058JL8 IBRD 0.500 10/28/2025(2.66Yr-Fixed) 01/12/2021 5,000,000.00 4,998,475.23 _ 4,488,600.00 0.512 2.58 972 1.47% Aaa/AAA/AAA 4324 45906M2L4 IBRD 0.650 02/24/2026(2 99YrNC2.79Mo-Dq Fixed) 04/30/2021 5,000,000.00 4,967 94614 4,426,800.00 0.870 2 89 1,091 1.46% Aaa/AAA/AAA Supranational Total 29,000,000.00 29,044,921.50 27,077,580.00 8.52% 4285 3130AFWX1 FHLB 2.550 05/30/2023(0.25Yr-Fixed) 02/26/2019 5,000,000.00 5,000,000.00 4,970,700.00 2.550 0.24 90 1.47% Aaa/AA+/NR 4281 313383QR5 FHLB 3.250 06/09/2023(0.27Yr-Fixed) 12/20/2018 - 5,000,000.00 5,006 456 18 4,976 550 00 2.743 0.27 100 1.47% Aaa/AA+/NR 4368 313383MD0 FHLB 2.625 06/09/2023(0.27Yr-Fixed) 05/09/2022 7,000,000.00 7,007,915.38 6,949,250.00 2.201 0.27 100 2.05% Aaa/AA+/NR 4287 3137EAEN5 FHLMC 2.750 06/19/2023(0.30Yr-Fixed) 03/08/2019 3,000,000.00 3,002,544.06 2,979,030.00 2.450 0.30 110 0.88% Aaa/AA+/AAA 4288 3137EAEN5 FHLMC 2.750 06/19/2023(0.30Yr-Fixed) 03/14/2019 3,000,000.00 3,002,657.43 2,979,030.00 2.437 0.30 110 0.88% Aaa/AA+/AAA 4383 3130AUHE7 - FHLB 0.000 07/26/2023(0.40Yr-Disco) 01/18/2023 5,000,000.00 5,002,205.85 4,994,700.00 4.755 0.39 147 1.47% Aaa/AA+/NR 4289 3135G0U43 FNMA 2.875 09/12/2023(0.53Yr-Fixed) 03/15/2019 5,000,000.00 5,010,229.19 4,938,750.00 2.465 0.52 195 1.47%_ Aaa/AA+/AAA 4377 313384ND7 FHDN 0.000 10/19/2023(0.64Yr-Disco) 12/05/2022 3,000,000.00 2,910,970.00 2,906,430.00 4.817 --0.62 232 0.85% P-1/A-1+/NR 4292 3133ECHX5 FFCB 2.260 03/13/2024(1.03Yr-Fixed) 05/23/2019 5,000,000.00 5,001,161.16 4,847,950.00 2.236 0.99 - 378 1.47% Aaa/AA+/AAA 4378 3130ATVC8 FHLB 4.875 06/14/2024(1.29Yr-Fixed) 12/28/2022 5,000,000.00 5,007 702.00 4,972,950.00 4.740 1.22 471 1.47% Aaa/AA+/NR 4348 3130AQ042 FHLB 0.920 06/28/2024(1.33YrNC0.92Mo-Dq-Fixed) 12/28/2021 5,000,000.00 5,000,000.00 4,722,400.00 0.920 1.29 485 1.47% Aaa/AA+/NR 4380 3134GYCP5 FHLMC 5.000 07/23/2024(140YrNC7.79Mo-1x-Fixed) 01/23/2023 5,000,000.00 5,000 000.00 4,967 350.00 5.000 0.99 510 1.47% Aaa/AA+/AAA 4344 3130AQ3C5 FHLB 1.000 08/28/2024(1.49YrNC2.92Mo-Dq-Fixed) 12/02/2021 4,000,000.00 4,000,000.00 3,757,520.00 1.000 1.45 546 1.17% Aaa/AA+/NR 18 Report Run Date: Apr 11,2023 89 Page: 1 • Reporting Period: Securities By Structure Report Portfolio:CITY 02/28/2023 City of Huntington Beach Effective Days to (%)of Accounting ID Cusip Security Description Purchase Date Par Value Book Market Value Book Yield Mdy/S&P/Fitch Duration Maturity Portfolio 4373 3133XVDG3 FHLB 4.375 09/13/2024(1.54Yr-Fixed) 09/23/2022 5,000,000.00 5,009,757.18 4,945,750.00 4.240 1.44 562 1.47% Aaa/AA+/NR 4336 3130AMXJ6 FHLB 0.500 09/30/2024(1.59YrNC0 99Mo Dq-Fixed) 06/30/2021 5,000,000.00 5,000,000.00 4,643,550.00 0.500 1.54 579 1.47% Aaa/AA+/NR 4346 3130AQD59 FHLB 1.000 09/30/2024(1.59YrNC0.99Mo-Dq-Fixed) 12/30/2021 5,000,000.00 5,000,000.00 4,681,200.00 1.000 1.53 579 1.47% Aaa/AA+/NR 4349 3130AQD59 FHLB 100009/30/2024"(159YrNC099Mo Dq Fixed) 12/30/2021 5,000,000.00 5,000,000.00 4,681,200.00 1.000 1.53 579 1.47% Aaa/AA+/NR 4334 3130AMW65 FHLB 0.500 12/30/2024(1.83YrNC0.99Mo-Dq-Fixed) 06/30/2021 5,000,000.00 5,000,000.00 4,598,650.00 0.500 1.78 670 1.47% Aaa/AA+/NR 4332 3130AMQ62 FHLB 0.625 03/14/2025(2.04YrNC0.46Mo-Dq-Fixed) 06/14/2021 5,000,000.00 5,000,000.00 4,573,450.00 0.625 1.97 744 1.47% Aaa/AA+/NR 4329 3135G04Z3 FNMA 0.500 06/17/2025(2.30Yr-Fixed) 05/14/2021 5,000,000.00 4,985,504.34 4,544,050.00 0.628 2.23 839 1.46% Aaa/AA+/AAA 4381 3135G04Z3 FNMA 0.500 06/17/2025(2.30Yr-Fixed) 01/13/2023 5,000,000.00 4,619,605.26 4,544,050.00 4.013 2.23 839 1.35% Aaa/AA+/AAA 4345 3130AQ558 FHLB 1.250 06/30/2025(2.33YrNC0.99Mo-Dq-Fixed) 12/30/2021 4,650,000.00 4,650,000.00 4,269,769.50 1.250 2.24 852 1.36% Aaa/AA+/NR 4327 3130AMDL3 FHLB 0.800 07/25/2025(2.40YrNC2.83Mo-Dq-Fixed) 05/25/2021 5,000,000.00 5,000,000.00 4,531,850.00 0.800 2.32 877 1.47% Aaa/AA+/NR 4360 3130AQT94 FHLB 1.600 08/28/2025(2.49Yr-Fixed) 03/04/2022 4,575,000 00 4,551,274.03 4,230,868.50 1.816 2.39 911 1.33% Aaa/AA+/NF/ 4331 3130AMQ54 FHLB 0.700 09/16/2025(2.55YrNC6.57Mo-Da-Fixed) 06/16/2021 5,000,000.00 5,000,000.00 4,498,900.00 0.700 2.45 930 1.47% Aaa/AA+/NF' 4318 3135GA2Z3 FNMA 0.560 11/17/2025(2.72YrNC8.61Mo-Da-Fixed) 01/11/2021 3,000,000.00 3,001,844.67 2,674,590.00 0.500 2.63 992 0.88% Aaa/AA+/AAA 4320 3130AKN36 FHLB 0.525 01/15/2026(2.88YrNC1.51Mo-Dq-Fixed) 01/15/2021 5,000,000.00 4,997,127.78 4,417,800.00 0.545 2.78 1,051 1.47% Aaa/AA+/NR 4321 3130AKN85 FHLB 0.550 01/20/2026(2.89YrNC1.68Mo-Dq-Fixed) 01/20/2021 5,000,000.00 4,998,556.94 4,419,050.00 0.560 2.79 1,056 1,47% Aaa/AA+/NR 4322 3130AKU53 FHLB 0.500 01/28/2026(2.91YrNC1.94Mo-Dq-Fixed) 01/28/2021 5,000,000.00 5,000,000.00 4,409,100.00 0.500 2.82 1,064 1.47% Aaa/AA+/NR 4333 3130ALEY6 FHLB 0.800 03/04/2026(3.01YrNC0.13Mo-Dq-Fixed) 06/10/2021 5,000,000.00 5,000 000 00 4,440 500.00 0.800 2.89 1,099 1.47% Aaa/AA+/NR 4328 313OAMJN3 FHLB 1.030 05/26/2026(3.24YrNC2.86Mo-Dq-Fixed) 05/26/2021 5,000,000.00 5,000,000.00 4,430,000.00 1.030 3.10 1,182 1.47% Aaa/AA+/NR 4335 - 3130AMFS6 FHLB 0.750 06/12/2026(3.28Yr-Fixed) 06/17/2021 5,000,000.00 4,980,261.84 4,435,100.00 0.873 3.16 1,199 1.46% Aaa/AA+/NR 4347 3130AQ7E7 _ FHLB 1.500 06/30/2026(3.33YrNC0.99Mo-Dq-Fixed) 12/30/2021 5,000,000.00 5,001,480.25 4,497,450.00 1.339 3.16 1,217 1.47% Aaa/AA+/NR 4384 3130AUMCS FHLB 3.750 07/20/2026(3.39Yr-Fixed) 01/19/2023 5,000,000.00 5,000,000.00 4,888,200.00 3.750 3.12 1,237 1.47% Aaa/AA+/NR 4356 3130AQ579 FHLB 1.375 08/07/2026(3.44YrNC17.28Mo-lx-Step)- 02/07/2022 5,000,000.00 5,000 000.00 4,530 450.00 1.375 3.23 1,255 1.47% Aaa/AA+/NR U.S.Agencies Total 167,225,000.00. . 166,747,253.56 156,848,138.00 48.90% - 4306 90331HNV1 USB 3.400 07/24/2023(0.40YrNC3.78Mo-Cc-Fixed) 02/21/2020 2,000,000.00 2,012,968.58 1,985,660.00 1.671 0.39 145 0.59% A1/AA-/A1 4300 254687CR5 DIS 4.00010/01/2023(0.59Yr-Fixed) 12/16/2019 2,875,000.00 2,905,961.54 2,852,316.25 2.070 0.56 214 0.85% A2/BBB+/A- 4355 67066GAL8 NVDA 0.584 06/14/2024(1.29YrNC3.48Mo-Cc-Fixed) 01/24/2022 5,000,000.00 _ 4,957,926.22 4,714,100.00 1.250 1.25 471 1.45% A2/A/ 4325 91159HHX1 USB 2.400 07/30/2024(142YrNC15 97Mo-Cc Fixed) 04/30/2021 3,809,000.00 3,906,104.76 3,658 620.68 0.528 1.36 517 1.15% A2/A+/A+ 4343 14913R2P1 CAT 0.600 09/13/2024(1.54Yr-Fixed) 12/02/2021 5,000,000.00 4,971,297.10 4,665,050.00 0.980 1.49 562 1.46% A2/A/A 4371 459200KS9 IBM 4.000 07/27/2025(2.41Yr-Fixed) 08/11/2022 6,000,000.00 6,025,590.06 5,844,180.00 3.810 2.25 879 1.77% A3/A-/ 4372 931142EW9 - WMT 3.900 09/09/2025(2.53Yr-Fixed) 09/22/2022 5,000,000.00 4,970,555.95 4,900,050.00 4.150 2.33 923 1.46% Aa2/AA/AA 4382 717081DV2 PFE 2.750 06/03/2026(3.26Yr-Fixed)_ 01/18/2023 5,000,000.00 4,790,486.91 4,696,250.00 4.142 3.03 1,190 1.40% A1/A+/Au 4375 110122CN6 - BMY 3.200 06/15/2026(3.29YrNC37.52Mo-Cc-Fixed) 11/16/2022 5,000,000.00 4,807,381.85- 4,733,550.00 4.480 3.02 1,202 1.41% A2/A+/WD i Corporates Total 39,684,000.00 39,348,272.97 38,049,776.93 11.54% I Holdings Total 323,909,000.00 322,752,883.45 305,254,124.93 94.64% 19 Report Run Date: Apr 11,2023 90 Page:2 �, Cash/Money Market/LGIP Activity Report Huntington Beach % �. Portfolio:CITY I Vi uwrr ; ' Reporting Date:02/28/2023 Cash/Money Market Account Activity i Accounting ID Description , Activity Date Transaction Type` Transaction Amount 003 California Asset Management Program 02/01/2023 Interest Received $73,826.38 003 California Asset Management Program 02/02/2023 Withdrawal ($5,000,000.00) 003 California Asset Management Program 02/16/2023 Withdrawal ($3,000,000.00) _ 003 California Asset Management Program 02/24/2023 Deposit $7,000,000.00 Activity Total ($926,173.62) 982 LAIF 02/07/2023 Withdrawal ($3,393.02) Activity Total I ($3,393.02) 20 91 ° e. Bond Redemption Activity Report ., - _ Huntington Beach '7 Portfolio:CITY ,4, Reporting Date:02/28/2023 Redemption Transactions Transaction Settlement Accounting ID T e Cusip. Description Price Date Posted Date Par Value Principal Accrued Interest Total YP 4299 Maturity 912828P79 T 1.500 02/28/2023 100.00000 02/28/2023 02/28/2023 $3,000,000.00 $3,000,000.00 $0.00 $3,000,000.00 Activity Total $3,000,000.00 $3,000,000.00 $0.00 .$3,000,000.00 21 92 u?� Bond Purchase Activity Report Huntington Beach , "'""' Portfolio:CITY PF *.:k Reporting Date:02/28/2023 _ Purchase Transactions Transaction Settlement Accounting ID Type Cusip Description , Price Date Posted Date Par Value Principal Accrued Interest Total - Activity Total 0.00 $0.00 $0.00 $0.00 . _ ...p 22 93 re` ti�w�na+re$fi Bond Interest = "a` q,�,p Received Activity Report ( .. . - Huntington Beach '� Portfolio:CITY ..,..aeye,,—,`tI .t G o.e Reporting Date:02/28/2023 Bond Interest Received Accounting ID Transaction Type " Cusip Description Date Posted Interest Received Purchased Interest Adjustment Net Interest 4356 Interest Income 3130AQS79 FHLB 1.375 08/07/2026 02/07/2023 $34,375.00 $34,375.00 4361 Interest Income 912828D56 T 2.375 08/15/2024 02/15/2023 $59,375.00 $59,375.00 4291 Interest Income 45818WBY1 IADB 2.960 08/16/2023 02/16/2023 $74,000.00 $74,000.00 4324 Interest Income 45906M2L4 IBRD 0.650 02/24/2026 02/24/2023 $16,250.00 $16,250.00 4339 Interest Income 91282CCW9 T 0.750 08/31/2026 02/28/2023 $3,750.00 $3,750.00 4340 Interest Income 91282CAJ0 T 0.250 08/31/2025 02/28/2023 $6,250.00 $6,250.00 4342 Interest Income 91282CCW9 T 0.750 08/31/2026 02/28/2023 $18,750.00 $18,750.00 4344 Interest Income 3130AQ3C5 FHLB 1.000 08/28/2024 02/28/2023 $20,000.00 $20,000.00 4351 Interest Income 912828420 T 2.750 08/31/2025 02/28/2023 $68,750.00 $68,750.00 4354 Interest Income 9128282D1 T 1.375 08/31/2023 02/28/2023 $34,375.00 $34,375.00 _ 4360 Interest Income 3130AQT94 FHLB 1.600 08/28/2025 02/28/2023 $36,600.00 $36,600.00 4299 Interest Income 912828P79 T 1.500 02/28/2023 02/28/2023 $22,500.00 - $22,500.00 4323 Interest Income 459056HV2 IBRD1.50008/28/2024 02/28/2023 $37,500.00 $37,500.00 Activity Total $432,475.00 $0.00 $432,475.00 23 94 � TINGT ` � o e ., Statement of Cash Receipts and Disbursements and Summary of Cash by Fund "C?-0 Finance Department acOUNTY t,,/ February 2023 Cash Receipts and Disbursements January 2023 February 2023 Receipts General Fund Property Tax $ 16,811,848 $ 162,618 Local Sales Tax 3,480,191 4,782,858 Public Safety Sales Tax 245,574 237,163 Transient Occupancy Tax(TOT) 1,024,428 966,560 Utility Users Tax(UUT) 1,017,399 2,145,110 Other Revenue 3,955,832 5,228,407 Total General Fund Revenue 26,535,272 13,522,715 Total All Other Funds Revenue 30,812,081 14,840,057 Total Receipts $ 57,347,352 $ 28,362,772 Disbursements General Fund Personnel Services (24,567,467) (10,819,623) Operating Expenses (2,958,213) (4,084,763) Capital Expenditures (105) (323) Non-Operating Expenses - (1,418,583) Total General Fund Disbursements (27,525,784) (16,323,291) Total All Other Funds Disbursements (18,654,619) (17,142,796) Total Disbursements (46,180,403) (33,466,087) Net Change in Cash Flow $ 11,166,949. $ (5,103,315) Summary of Cash by Fund January 2023 February 2023 General Fund $ 96,715,476 $ 93,914,900 General Fund Other 3,403,577 3,413,762 Capital Projects Funds 28,111,679 26,162,173 Debt Service Funds 39,350,787 40,435,804 Enterprise Funds 82,139,444 83,529,795 Trust and Agency Funds 7,182,783 5,917,227 Internal Service Funds 28,804,382 27,557,317 Special Revenue Funds 65,087,407 64,761,244 General Ledger Cash Balances * $ 350,795,535 $ 345,692,220 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 95 PortfolioSummary to `` Huntington Beach ; «�/ - `'max Portfolio:CITY 3 Reporting Date:(FY2023) 16' v „'cr��40 01/01/2023-01/31/2023 coy Full Accrual Basis p Par.Value Period Earnings Summary(31 Days) Fiscal YTD Summary(274 Days) Period Transactions - Net Period Earnings $532,677.73 Net Period Earnings $3,875,960.38 Redemptions 1 Total Par Value $346,104,696.53 Last FY Period Net Earnings $294,599.75 Last FY Period Net Earnings $2,201,914.13 Purchases 5 Avg Daily Book Balance $333,226,487.96 , Avg Daily Book Balance $319,315,098.55 Total Activity, 6 Net Effective Annual Return 1.898% Net Effective Annual Return 1.620% Fiscal YTD Transac7 _". Redemptions Purchases 14 Book Value Total.Activity 22 Portfolio Book Value $344,911,659.80 Certification Accrued Interest Paid at Purchase $66,642.37 I certify that this report and the corresponding pages attached accurately reflect all portfolio combined investments and conforms with all California state statutes and the Huntington Beach investment policy filed on January 17,2023.The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations.Market values are provided by US Bank via Interactive Data Corp(IDC) Total Book Value $344,978,302.17 The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes.This period,that rate is equal to:3.140% 'I{1' City Treasurer 01/31/2023 Alisa Backstrom Title Date Port Par Value, Book Value folio Investmentsof Market Market Value Book Value% Book Yield Value Days to M Portfolio Market Value $330,340,801.07 Port Contribution Local Govt Inv Pools(LGIP) $19,195,696.53 $19,195,696.53 5.57% $19,195,696.53 0.252% 1 Accrued Interest Paid at $66,642.37 Commercial Paper $5,000,000.00 $4,907,909.72 1.42% $4,898,000.00 0.065% 149 Purchase U.S.Treasuries $86,000,000.00 $85,679,484.89 24.84% $82,054,150.00 0.402% 703 Supranational. $29,000,000.00 $29,052,174.11 8.42% $27,304,110.00 0.094% 676 Total Market Value- $330,407,443.44 U.S.Agencies $167,225,000.00 $166,729,870.48 48.34% $158,399,309.00 0.908% 715 Corporates $39,684,000.00 $39,346,524.07 11.41% $38,489,535.54 0.312% 776 Total $346,104,696.53 $344,911,659.80 100.00% $330,340,801.07 . 2.033% 668 25 96 Reporting Period: Cash By Fund Report Portfolio:CITY 01/31/2023 City of Huntington Beach Accounting ID Pool Description Type Par Value Book Value Market Value Rate %of Portfolio Composite Rating 003 California Asset Management Program LGIP 19,192,303.51 19,192,303.51 19,192,303.51 4.53 5.56% NR 982 LAIF LGIP 3,393.02 3,393.02 3,393.02 2.43 0.00% NR CITY Fund Total 19,195,696.53 19,195,696.53 19,195,696.53 5.57% 26 Report Run Date: Apr 11,2023 97 Page:1 Reporting Period: Securities By Structure Report Portfolio:CITY 01/31/2023 City of Huntington Beach Effective Days to (%)of Accounting ID Cusip Security Description Purchase Date Par Value Book Value Market Value Book Yield Duration Maturity Portfolio Mdy/S&P/Fitch 4374 62479MTW3 MUFGBK 0.000 06/30/2023(0.41Yr-Disco) 10/05/2022 5,000,000.00 4,907,909.72 4,898,000.00 4.602 0.41 149 1.42% P-1/A-1/F1 1 f Commercial Paper Total 5,000,000.00 4,907,909.72 4,898,000.00 1.42% 4299 912828P79 T 1.500 02/28/2023(0.07Yr-Fixed) 12/05/2019 3,000,000.00 2,999,839.25 2,993,040.00 1.574 0.07 27 0.87% Aaa/AA+/AAA 4352 912828592 T 1.250 0-7/31/2023(0.49Yr-Fixed) 01/14/2022 5,000,000.00 5,013,236.23 4,913,300.00 0.711 0.48 180- 1.45% Aaa/AA+/AAA 4357 91282CCN9 T 0.125 07/31/2023(0.49Yr-Fixed) 02/02/2022 5,000,000.00 4,978,802.85 4,886,700.00 0.991 0.48 180 1.44% Aaa/AA+/AAA 4354 9128282D1 T 1.375 08/31/2023(0.58Yr-Fixed) 01/21/2022 5,000,000.00 5,013,479.56 4,904,700.00 0.903 0.56 211 1.45% Aaa/AA+/AAA 4364 9128286Z8 T 1.750 06/30/2024(1.41Yr-Fixed) 05/02/2022 7,000,000.00 6,906,589.43 6,732,880.00 2.730 1.37 515 2.00% Aaa/AA+/AAA 4370 _ 912828XX3 T 2.000 06/30/2024(1.41Yr-Fixed) 05/27/2022 _ 5,000,000.00 4,968,443.63 - 4,825,400.00 2.462 1.37 515 1.44% Aaa/AA+/AAA 4353 912828Y87 T 1.750 07 31/2024(1.49Yr-Fixed) 01/14/2022 5,000,000.00 5,053,189.45 4,802,150.00_ 1.028- 1.45 546 1.47% Aaa/AA+/AA 4358 912828Y87 T 1.750 07/31/2024(1.49Yr-Fixed) 02/11/2022 4,000,000.00 4,009,041.42 3,841,720.00 1.595 1.45 546 1.16% Aaa/AA+/AA 4361 912828D56 T 2.375 08/15/2024(1.54Yr-Fixed) 03/22/2022 5,000,000.00 5,009,995.01 4,844,900.00_ 2.240 1.47 561 1.45% Aaa/AA+/AA). 4298 912828YH7 T 1.500 09/30/2024(1.66Yr-Fixed) 12/05/2019 5,000,000.00 _ 4,992,416.81 4,771,700.00 1.595 1.60 607 1.45% Aaa/AA+/AAA 4350 912828YM6 T 1.500 10/31/2024(1.75Yr-Fixed) 12/31/2021 3,000,000.00 3,029,902.78 2,857,740.00 0.920 1.69 638 0.88% Aaa/AA+/AAA 4376 91282CEU1 T 2.875 06/15/2025(2.37Yr-Fixed) 11/18/2022 3,000,000.00 2,906,607.61 2,922,180.00 4.276 2.25 865 -. 0.84% Aaa/AA+/AAA 4330 91282CAB7 T 0.250 07/31/2025(2.49Yr-Fixed) 05/19/2021 5,000,000.00 4,955,103.26 4,560,950.00 0.615 2.43 911 1.44% Aaa/AA+/AAA. 4340 91282CAJ0 T 0.250 08/31/2025(2.58Yr-Fixed) 09/27/2021 5,000,000.00 4,938,415.27 4,548,050.00 0.735 2.51 942 1.43% Aaa/AA+/AAA 4351 9128284Z0 T 2.750 08/31/2025(2.58Yr-Fixed) 12/31/2021 5,000,000.00 5,207,394.77 4,848,250.00 1.103 2.42 942 1.51% Aaa/AA+/AAA 4341 91282CCP4 T 0.625 07/31/2026(3.49Yr-Fixed) 09/30/2021 5,000,000.00 4,944,614.80 4,487,700.00 0.950 3.38 1,276 1.43% Aaa/AA+/AAA 4339 91282CCW9 T 0.750 08/31/2026(3.58Yr-Fixed) 09/23/2021 1,000,000.00 995,106.91 899,690.00 0.890 3.44 1,307 -0.29% Aaa/AA+/AAA 4342 91282CCW9 T 0.750 08/31/2026(3.58Yr_Fixed) 11/23/2021 5,000,000.00 4,907,386.45 4,498,450.00 1.285 3.44 1,307 1.42% Aaa/AA+/AAA 4379 91282CEW7 T 3.250 06/30/2027(4.41Yr-Fixed) 12/29/2022 5,000,000.00 4,849,919.40 4,914,650.00 4.000 4.03 1,610 1.41% Aaa/AA+/AAA U.S.Treasuries Total 86,000,000.00 85,679,484.89 82,054,150.00 `24.84% i 4290 45818WBX3 _ - IADB 2.870 07/20/2023(0.46Yr-Fixed) 03/28/2019 4,000,000.00 4,010,662.68 _ 3,962,560.00_ 2.270 0.45 169 1.16% Aaa/AAA/AAA 4291 45818WBY1 IADB 2.960 08/16/2023(0.54Yr-Fixed) 03/28/2019 5,000,000.00 5,017,664.92 4,948,550.00 2.271 0.52 196 -1.45% Aaa/AAA/AAA 4323 459056HV2 IBRD 1.500 08/28/2024(1.57Yr-Fixed) 04/23/2021 5,000,000.00 5,083,944.23 4,774,250.00 0.425 1.52 574 1.47% Aaa/AAA/AAA 4338 _ 459058JE4 IBRD 0.376 07/28/2025(2.49Yr-Fixed) _ 07/30/2021 5,000,000.00 _ 4,974,424.90 4,565,700.00 0.583 2.42 908 1.44% Aaa/AAA/AAA 4319 459058JL8 -IBRD 0.500 10/28/2025(2.74Yr-Fixed) 01/12/2021 5,000,000.00 4,998,427.43 4,544,800.00 0.512 2.66 1,000 1.45% Aaa/AAA/AAA _ 4324 45906M2L4 - IBRD 0.650 02/24/2026(3.06YrNC0.79Mo-Dq-Fixed) 04/30/2021 5,000,000.00 4,967,049.94 4,508,250.00 0.870 2.95 1,119 1.44% Aaa/AAA/AAA Supranational Total 29,000,000.00 29,052,174.11 27,304,110.00 8.42% k 4285 3130AFWX1 FHLB 2.550 05/30/2023(0.32Yr-Fixed) 02/26/2019 5,000,000.00 5,000,000.00 4,966,450.00 2.550 0.32 118 1.45% Aaa/AA+/NR 4281 313383QR5 FHLB 3.250 06/09/2023(0.35Yr-Fixed) 12/20/2018 5,000,000.00 5,008,432.57 4,972,200.00 2.743 0.34 128 1.45% Aaa/AA+/NR 4368 313383MD0 FHLB 2.625 06/09/2023(0.35Yr-Fixed) 05/09/2022 - 7,000,000.00 7,010,338.46 6,950,930.00 2.201 0.35 128 2.03% Aaa/AA+/NR 4287 3137EAEN5 FHLMC 2.750 06/19/2023(0.38Yr-Fixed) 03/08/2019 3,000,000.00 3,003,250.75 2,976,420.00 2.450 0.37 138 0.87%... Aaa/AA+/AAA_ 4288 3137EAEN5 FHLMC 2.750 06/19/2023(0.38Yr-Fixed) 03/14/2019 3,000,000.00 3,003,395.61 2,976,420.00 2.437 0.37 138 0.87% Aaa/AA+/AAA 4383 3130AUHE7 FHLB 0.000 07/26/2023(0.48Yr-Disco) --_ 01/18/2023 5,000,000.00 5,002,662.23 4,999,800.00 4.755 0.47 175 1.45% Aaa/AA+/NR 4289 3135G0U43 FNMA 2.875 09/12/2023(0.61Yr-Fixed) 03/15/2019 5,000,000.00 5,011,835.87 4,939,550.00 2.465 0.59 223 1.45% Aaa/AA+/AAA 4377 313384ND7 FHDN 0.000 10/19/2023(0.71Yr-Disco) 12/05/2022 3,000,000.00 2,900,225.00 2,899,650.00 4.817 0.70 260 0.84% P-1/A-1+/NR 4292 3133ECHX5 FFCB 2.260 03/13/2024(1µ11Yr-Fixed) 05/23/2019 5,000,000.00 5,001,254 880 4,867,350.00 2.236 1.07 406 1.45% Aaa/AA+/AAA 4378 3130ATVC8 FHLB 4.875 06/14/2024(1.37Yr-Fixed) 12/28/2022 5,000,000.00 5,008,201.05 5,010,700.00 4.740 1.30 499 1.45% Aaa/AA+/NR 4348 3130AQD42 FHLB 0.920 06/28/2024(1.40YrNC1.84Mo-Dq-Fixed) 12/28/2021 5,000,000.00 5,000 000.00 4,745 300.00 0.920 1.37 513 1.45% Aaa/AA+/NR 4380 3134GYCP5 FHLMC 5.000 07/23/2024(1.47YrNC8.71Mo-1x-Fixed) 01/23/2023 5,000,000.00 5,000,000.00 5,008,000.00 5.000 0.92 i 538 1.45% Aaa/AA+/AAA 27 Report Run Date: Apr 11,2023 98 Page:1 Reporting Period: Securities By Structure Report Portfolio:CITY 01/31/2023 City of Huntington Beach Effective I Days to (%)of Accounting ID Cusip Security Description Purchase Date Par Value Book Value Market Value' Book Yield Duration Maturity' Portfolio Mdy/S&P/Fitch 4344 3130AQ3C5 FHLB 1.000 08/28/2024(1.57YrNC0.92Mo-Dq-Fixed) 12/02/2021 4,000,000.00 4,000 000 00 3,782,240.00 1.000 1.52 574 1.16% Aaa/AA+/NR 4373 3133XVDG3 FHLB 4.375 09/13/2024(1.62Yr-Fixed) 09/23/2022 5,000,000.00 5,010,287.46 4,991,950.00 4.240 1.52 590 1.45% Aaa/AA+/NR 4336 3130AMX16 FHLB 0.500 09/30/2024(1.66YrNC1.91Mo-Dq-Fixed) 06/30/2021 5,000,000.00 5,000,000.00 4,676,750.00 0.500 1.62 607 1.45% Aaa/AA+/NR 4346 3130AQD59 FHLB 1.000 09/30/2024(1.66YrNC1.91Mo-Dq-Fixed) 12/30/2021 5,000,000.00 5,000,000.00 4,716,400.00 1.000 1.61 607 1.45% Aaa/AA+/NR 4349 3130AQD59 FHLB 1.000 09/30/2024(1.66YrNC1.91Mo-Dq-Fixed) 12/30/2021 5,000,000.00 5,000,000.00 4,716,400.00 1.000 1.61 607 1.45% Aaa/AA+/NR 4334 3130AMW65 FHLB 0.500 12/30/2024(1.91YrNC1.91Mo-Dq-Fixed) 06/30/2021 5,000,000.00 5,000,000.00 4,643 500 00 0.500 1.86 698 1.45% Aaa/AA+/NR 4332 3130AMQ62 FHLB 0.625 03/14/2025(2.11YrNC1.38Mo-Dq-Fixed) 06/14/2021 5,000,000.00 5,000,000.00 4,627,650.00 0.625 2.05 772 1.45% Aaa/AA+/NR 4329 3135G04Z3 FNMA 0.500 06/17/2025(2.37Yr-Fixed) 05/14/2021 5,000,000.00 4,984,977.87 4,593,900.00 0.628 2.31 867 1.45% Aaa/AA+/AAA 4381 3135G04Z3 FNMA 0.500 06/17/2025(2.37Yr-Fixed) 01/13/2023 5,000,000.00 4,605,789.47 4,593,900.00 4.013 2.31 867 1.34% Aaa/AA+/AAA 4345 3130AQ5S8 FHLB 1.250 06/30/2025(2.41YrNC1.91Mo-Dq-Fixed) 12/30/2021 4650 000.00 4,650 000 00 4,332 219 00 1.250 2.32 880 1.35% Aaa/AA+/NR 4327 3130AMDL3 FHLB 0.800 07/25/2025(2.48YrNC0.82Mo-Dq-Fixed) 05/25/2021 5,000,000.00 5,000,000.00 4,599,400.00 0.800 2.40 905 1.45% Aaa/AA+/N1'." 4360 3130AQT94 FHLB 1.600 08/28/2025(2.57YrNC0 92Mo-1x Fixed) 03/04/2022 4,575,000.00 4,550 480 52 4,287 690.00 1.816 2.45 939 1.32% Aaa/AA+/NF ' 4331 3130AMQ54 FHLB 0.700 09/16/2025(2.62YrNC7.49Mo-Da-Fixed) 06/16/2021 5,000,000.00 5,000,000.00 4,570,700.00 0.700 2.54 958 1.45% Aaa/AA+/NK 4318 3135GA2Z3 FNMA 0.560 11/17/2025(2.79YrNC9.53Mo-Da-Fixed) 01/11/2021 3,000,000.00 3,001,901.37 2,711,940.00 0.500 2.70 1,020 0.87% Aaa/AA+/AAA 4320 3130AKN36 FHLB 0.525 01/15/2026(2.95YrNC2.43Mo-Dq-Fixed) 01/15/2021 5,000,000 00 4,997,044.44 4,498,000.00 0.545 2.86 1,079 1.45% Aaa/AA+/NR 4321 3130AKN85 FHLB 0.550 01/20/2026(2.97YrNC2.60Mo-Dq-Fixed) 01/20/2021 5,000,000.00 4,998,515.28 4,499,500.00 0.560 2.88 1,084 1.45% Aaa/AA+/NR 4322 3130AKUS3 FHLB 0.500 01/28/2026(2.99YrNC2 86Mo-Dq Fixed) 01/28/2021 5,000,000.00 5,000 000 00 4,489 900.00 0.500 2.90 1,092 1.45% Aaa/AA+/NR . 4333 3130ALEY6 FHLB 0.800 03/04/2026(3.09YrNC1.05Mo-Dq-Fixed) 06/10/2021 5,000,000.00 5,000,000.00 4,517,450.00 0.800 2.97 1,127 1.45% Aaa/AA+/NR 4328 3130AMJN3 FHLB 1.030 05/26/2026(3.31YrNC0.85Mo-Dq-Fixed) 05/26/2021 5,000,000.00 5,000,000.00 4,520 950.00 1.030 3.17 1,210 1.45% Aaa/AA+/NR 4335 3130AMFS6 FHLB 0.750 06/12/2026(3.36YrFixed) 06/17/2021 5,000,000.00 4,979,760.45 4,512,600.00 0.873 3.24 1,227 1.44% Aaa/AA+/NR 4347 3130AQ7E7 FHLB 1.500 06/30/2026(3.41YrNC1.91Mo-Dq-Fixed) 12/30/2021 5,000,000.00 5,001,517.28 4,592,300.00 1.339 3.19 1,245 1.45% Aaa/AA+/NR 4384 3130AUMC5 FHLB 3.750 07/20/2026(3.46Yr-Fixed) 01/19/2023 5,000,000.00 5,000,000.00 4,984,900.00 3.750 3.20 1,265 1.45% Aaa/AA+/NR 4356 3130AQS79 FHLB 1.375 08/07/2026(3.51YrNC18.20Mo-1x-Step) 02/07/2022 5,000,000.00 5,000,000.00 4,626,300.00 1.375 3.12 1,283 1.45% Aaa/AA+/NR U.S.Agencies Total 167,225,000.00 166,729,870.48 158,399,309.00 48.34%; 4306 90331HNV1 USB 3.400 07/24/2023(0.47YrNC4.70Mo-Cc-Fixed) 02/21/2020 2,000,000.00 2,015,689.26 1,985,660.00 1.671 0.46 173 0.58% A1/AA-/A1 4300 254687CR5 DIS 4.000 10/01/2023(0.66Yr-Fixed) 12/16/2019 2,875,000.00 2,910,384.62 2,855,335.00 2.070 0.64 242 0.84% A2/BBB+/A- 4355 67066GAL8 NVDA 0.584 06/14/2024(1.37YrNC4.40Mo-Cc-Fixed) 01/24/2022 5,000,000 00 4,955,200.06 4,737 350.00 1.250 1.33 499 1.44% A2/A/ 4325 91159HHX1 USB 2.400 07/30/2024(1.49YrNC16.89Mo-Cc-Fixed) 04/30/2021 3,809,000.00 3,911,828.02 3,687,340.54 0.528 1.44 545 1.13% A2/A+/A+ 4343 14913R2P1 CAT 0.600 09/13/2024(1.62Yr-Fixed) 12/02/2021 5,000,000.00 4,969,737.16 4,697,300.00 0.980 1.57 590 1.44% A2/A/A 4371 459200KS9 IBM 4.000 07/27/2025(2.48Yr-Fixed) 08/11/2022 6,000,000.00 6,026,476.55 5,924,700.00 3.810 2.33 907 1.75% A3/A-/ 4372 931142EW9 WMT 3.900 09/09/2025(2.60Yr-Fixed) 09/22/2022 5,000,000.00 4,969,583.13 4,973,450.00 4.150 2.41 951 1.44% Aa2/AA/AA; 4382 717081DV2 PFE 2.750 06/03/2026(3.33Yr-Fixed) 01/18/2023 5,000,000.00 4,785,123.95 4,786,450.00 4.142 3.11 1,218 1.39% A1/A+/Au' 4375 110122CN6 BMY 3.200 06/15/2026(3 37YrNC38 44Mo-Cc Fixed) 11/16/2022 5,000,000.00 4,802,501.32 4,841950.00 4.480 3.08 1,230 1.39% A2/A+/WD Corporates Total 39,684,000.00 .39,346,524.07' 38,489,535.54 11.41% Holdings Total 326,909,000.00 325,715,963.27 311,145,104.54< 94.43%, 28 Report Run Date: Apr 11,2023 99 Page:2 .k, 4 ' ° Cash/Money Market/LGIP Activity Report a�,. Huntington Beach • Portfolio:CITY s7 , �,,0 Reporting Date:01/31/2023 courirf Cash/Money Market Account Activity Accounting ID Description Activity Date Transaction Type Transaction Amount 003 California Asset Management Program 01/03/2023 Interest Received $64,970.12 1 Activity Total $64,970.12 982 LAIF 01/13/2023 Interest Received $3,393.02 Activity Total I I $3,393.02 29 100 �.�q Tte Bond Redemption Activity Report _��""�,.� - . ,, '= Huntington Beach , m Portfolio:CITY t"?ec:,.irf ,,,V Reporting Date:01/31/2023 N. Redemption Transactions Transaction Settlement: ' ' Accounting ID Type Cusip Description Price Date Posted Date Par Value` Principal Accrued Interest - Total 4313 Maturity 037833DE7 AAPL 2.400 01/13/2023 100.00000 01/13/2023 01/13/2023 $5,000,000.00 $5,000,000.00 $0.00 $5,000,000.00 . Activity Total $5,000,000.00 .-_ , $5,000,000.00 $0.00 $5,000,000.00 30 - 101 0NTlNQ03 �`� d'rk's Bond Purchase Activity Report Huntington Beach `: Portfolio:CITY li ' �",:a‘.F°} Reporting Date:01/31/2023 Purchase Transactions Transaction Settlement Accounting ID Type CuspDescription •Price Date Posted Date Par Value Principal. Accrued Interest Total 4381 Buy 3135G04Z3 FNMA 0.500 06/17/2025 91.95000 01/13/2023 01/13/2023 5,000,000.00 $4,597,500.00 $1,805.56 $4,599,305.56 4382 Buy 717081DV2 PFE 2.750 06/03/2026 95.65600 01/18/2023 01/18/2023 5,000,000.00 $4,782,800.00 $17,187.50 $4,799,987.50 4383 Buy 3130AUHE7 FHLB 4.875 07/26/2023 100.05720 01/18/2023 01/18/2023 5,000,000.00 $5,002,860.00 $8,125.00 $5,010,985.00 4384 Buy 3130AUMC5 FHLB 3.750 07/20/2026 100.00000 01/19/2023 01/19/2023 5,000,000.00 $5,000,000.00 $0.00 $5,000,000.00 4380 Buy 3134GYCP5 FHLMC 5.000 07/23/2024 100.00000 01/23/2023 01/23/2023 5,000,000.00 $5,000,000.00 $0.00 $5,000,000.00 1__________... ...._-..1 Activity Total I I 1 25,000,000.00 j $24,383160 00 $27,118 06 (LL` $24,410,278 06 , 31 102 '� ^ Bond Interest Received Activity.Report ` Huntington Beach aje " ` y Portfolio:CITY 0� �; ,". Reporting Date:01/31/2023 courm c� Bond Interest Received • Accounting ID Transaction Type Cusip Description Date Posted Interest Received Purchased Interest Adjustment Net Interest ° 4364 Interest Income 9128286Z8 T 1.750 06/30/2024 01/03/2023 $61,250.00 $61,250.00 4370 Interest Income 912828XX3 T 2.000 06/30/2024 01/03/2023 $50,000.00 $50,000.00 4379 Interest Income 91282CEW7 T 3.250 06/30/2027 01/03/2023 $81,250.00 $80,366.85 $883.15 4313 Interest Income 037833DE7 AAPL 2.400 01/13/2023 01/13/2023 $60,000.00 $60,000.00 4320 Interest Income 3130AKN36 FHLB 0.525 01/15/2026 01/17/2023 $13,125.00 $13,125.00 4290 Interest Income 45818WBX3 IADB 2.870 07/20/2023 01/20/2023 $57,400.00 $57,400.00 4321 Interest Income 3130AKN85 FHLB 0.550 01/20/2026 01/20/2023 $13,750.00 $13,750.00 4306 Interest Income 90331HNV1 USB 3.400 07/24/2023 01/24/2023 $34,000.00 $34,000.00 4371 Interest Income 459200KS9 IBM 4.000 07/27/2025 01/27/2023 $120,000.00 $9,333.33 $110,666.67 4325 Interest Income 91159HHX1 USB 2.400 07/30/2024 01/30/2023 $45,708.00 $45,708.00 4338 Interest Income 459058JE4 IBRD 0.376 07/28/2025 01/30/2023 $9,400.00 $9,400.00 4322 Interest Income 3130AKU53 FHLB 0.500 01/28/2026 01/30/2023 $12,500.00 $12,500.00 4330 Interest Income 91282CAB7 T 0.250 07/31/2025 01/31/2023 $6,250.00 $6,250.00 4341 Interest Income 91282CCP4 T 0.625 07/31/2026 01/31/2023 $15,625.00 _ $15,625.00 4352 Interest Income 912828592 T 1.250 07/31/2023 01/31/2023 $31,250.00 $31,250.00 4353 Interest Income 912828Y87 — T 1.750 07/31/2024 01/31/2023 -- $43,750.00 — $43,750.00 _4357 — Interest Income 91282CCN9 _ T 0_.1_25 07/31/2023 01/31/2023 $3,125.00 $3,125.00- 4358 Interest Income 912828Y87-- T 1.750 07/31/2024 01/31/2023 $35,000.00 $35,000.00 _ Activity Total $693,383.00 $89,700.18 ( $603,682.82 32 103 ��1�INgr� 0! .,< -?esN Statement of Cash Receipts and Disbursements and _�_� Summary of Cash by Fund Finance Department 0r�UNry January 2023 Cash Receipts and Disbursements December 2022 January 2023 Receipts General Fund Property Tax $ 23,693,577 $ 16,811,848 Local Sales Tax 4,237,274 3,480,191 Public Safety Sales Tax 290,139 245,574 Transient Occupancy Tax(TOT) 1,000,355 1,024,428 Utility Users Tax(UUT) 1,359,100 1,017,399 Other Revenue 4,242,624 3,955,832 Total General Fund Revenue 34,823,068 26,535,272 Total All Other Funds Revenue 19,732,658 30,812,081 Total Receipts $ 54,555,727 $ 57,347,352 Disbursements General Fund Personnel Services (16,439,936) (24,567,467) Operating Expenses (4,141,076) (2,958,213) Capital Expenditures - (105) Non-Operating Expenses (465,427) - Total General Fund Disbursements (21,046,440) (27,525,784) Total All Other Funds Disbursements (21,907,222) (18,654,619) Total Disbursements (42,953,662) (46,180,403) Net Change in Cash Flow $ 11,602,065 $ 11,166,949 Summary of Cash by Fund December 2022 January 2023 General Fund $ 96,801,323 $ 95,810,811 General Fund Other 3,191,724 3,400,670 Capital Projects Funds 28,369,200 28,059,166 Debt Service Funds 22,693,504 39,311,943 Enterprise Funds 85,990,627 81,977,490 Trust and Agency Funds 7,406,322 7,169,566 Internal Service Funds 30,174,023 28,747,379 Special Revenue Funds 63,690,981 65,007,629 General Ledger Cash Balances * $ 338,317,705 $ 349,484,654 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. 33 104 - te `U irollroOrmititsw � �ITINGT'� n sarraarrrarrrr�/ ��,, ezc �e c 3 v i* 9��op\<< �oeraeB j 1 1999 @� ‹." °rooaraoeS1' '4161.11.*0OUNTy c\;Ale CITY OF HUNTINGTON BEACH QUARTERLY INVESTMENT REPORT CITY TREASURER, ALISA BACKSTROM, MBA, CCMT, CPFIM QUARTER ENDED: MARCH 31 , 2023 105 ECONOMIC UPDATE..." Federal Reserve raised rates 475 basis points in 12 months as of March 2023 Slow process of bringing inflation down to 2% target: Core services inflation remains elevated Very tight labor market — March Unemployment: 3 .5% Inverted yield curve — signaled recession in past 106 INTEREST RATES - US TREASURY, YIELD CURVE APRIL 1 2022 - MARCH 31 , 2023: , 1 Daily Treasury Rates Apr 2022 - Mar 2023 ,t 2-year US Treasury E5 _ ._._... _.. f` 4.06%.. .. .,..v 3::ar'� .. �.»y;y. x .y,. 'e "i9 3� _ �T at 3/31 °-'- 1 5-year US Treasury 3.60% _ at 3/31 ( �� � �\ �� �� � �� � ti� �� �� � :�., 2 Yr , - 5 Yr 107 INVESTMENT PORTFOLIO - SUMMARY QUARTER END 03/31 /23: Investment Type $ in 000's Market Value Book Value Local Govt Investment Pools (LGIP) $ 17.3 $ 17. 3 Commercial Paper U.S. Treasuries $ 4.9 $ 4.9 �.� $ 79. 5 $ 82. 7 Supranationals $ 27. 5 $ 29.0 a M -` a aM U.S. Agencies $ 159. 2 $ 166.8 � . Corporate Bonds $ 38. 5 $ 39. 4 TOTAL $ 326 . 9 $ 340. 1 n 108 INVESTMENT PORTFOLIO - INVESTMENTS BY TYPE QUARTER END 03/31 /23: 49% 24% 12% 9% .5% 1 if :: • ::,,,,, _tee m� � a a 8. a•;—.. ads ••" .:,5 ue ,.. _ :' . a 3• ., s „, 'a ',11 • 241.-1 �q� .- .a 4 °" m • +'9.° x•a: =® a . ' .sa °». ._ . ea . .« 4.-.i" :e syni S 5v n °� � �tlu- a�._ ,._ . �. .... _ '. ._.�.7,..,>�.a» ,_. ` l . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ... . . . . . . . . . ... . . . . . . . . . . . . . . . . . . . . . . . . . . . .... . . . . . ... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . :•:- .'U-.S-.-Agencies : :':': 6':U.S-.Treasures:-:-:-:•: •:-:•:•:•:•:.-.:.:.-. !:•Corporate:Bonds::::.•:•:::: 4 . . . . .Su :.rana�ional:�::::::::::::::::�::::::,:•:�:�::::::: . ::LG1:P�::(:CA�IP):::::::::::;:::::::::::•:•:::::........,.....GOmmer.�ia.�.•a•Commercial•Paper" " . " .....................................................:•:..-:..........:.:•:........:-•-:.:.:.:.:.:-:.:.:.:.:-:-:.:-:.:.:-:-:.:-:.:.:.:.:.•-:-...:•:-:.:.:.:.:.:.:.:.:.: :.:.:.:-:.:.:.:.:-:-...:.:.:-:.:.:.:.:-:-:.:.:.:.: :.:.:.:.:.:.:.:.:.:.:.:::::.:: • 109 INVESTMENT PORTFOLIO — SELECTED ACTIVITY QUARTER .END 03/31 /23: MATURITIES ; PURCHASES } I •• Liquidity funds moved from Four U.S. Agencies LAIF to CAMP i, n ; purchased for a total of ,e; $20MM f • $5 M M Corporate Bond (Apple) matured • $5MM Corporate Bond �� (Pfizer Inc.) $3MM U.S. Treasury I matured 110 • INVESTMENT PORTFOLIO - EARNINGS: :...6 . ��1 March°„202�3. • - . . . . ... . •• ^ 574,35�1 Current Year.- Month. .. • . , .. . 0 . - ° 0 Up 77% from prior year , e . . - • Thr ugh 0-� l31%2 �3 . ® e . • Current Fiscal Year -date a •o . • .. • . . • r p : • ° � 0 U^p 5• /o fromp'prier-year r • O•March=2023 . 1 99°/0 ° $ . 'n Effective Rate ofa Return: O Fiscal: Year-to-date. 1 .62%•� 4. g • . . 0 March 2023 3.63%b. . • Benchmark ^ : . . v.� ° • • . . o o 12=month. movi n.� avera �e 1:5 .ear Treasuir. . • . o e 111 SELECTED .INVESTMENT POLICY COMPLIANCE REQUIREMENTS QUARTER END 3/31➢/23 . ne -MAXIMUM.SPECIFIED %� •INVESTMENT �- - - MINIMUM QUALITY IN MAXIMUM MATURITY OF PORTFOLIO/., _ . TYPE - f REQUIREMENTS COMPLIANCE COMPL° IANCE: `MAXIMUM' Commercial Paper 270 days 25%/10% Al , "A" Rating Category YES U.S. Treasuries 5 years None None YES U.S. Agencies 5 years None None YES " Supranationals 5 years 30% "AA" Rating Category YES y , Corporate Bonds 5 years 30%/10% "A" Rating Category YES ° CA Asset .'. Management N/A Up to $75,000,000 None Program (CAMP) YES • ` Maximum Maturities No more than 50%of portfolio maturing over 4 years. YES a °-(Requirements are at purchase) _ _p n b 112 SUMMARY: fi Safety — No principal losses Liquidity — Sufficient funds for operations Market rate of return — 1 .99% March, 1 .62% Fiscal Year-to-date (upward trend) Prudently managed — No compliance issues Positive contributor to City — Earnings of $3.88 million fiscal year-to-date to be utilized for operating and other expenses 113