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2025 City Treasurer's Quarterly Investment Summary Reports. (2)
C TING 2000 Main Street, of•:'a'° '.tipHuntington Beach,CA :1 = 92648 3jo3 zza � Q� City of Huntington Beach k�GNN ,\do J1 APPROVED 6-0-1 TY�P� (McKEON-ABSENT) File #: 25-334 MEETING DATE: 5/20/2025 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, Senior Administrative Assistant Subject: Receive and File the City Treasurer's Quarterly Investment Report for March 2025 Statement of Issue: Receive and File the City Treasurer's Quarterly Investment Report for March 2025, 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 March 2025, pursuant to Section 18.0 of the Investment Policy of the City of Huntington Beach. Alternative Action(s): Do not receive and file, and direct staff accordingly. 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 5/15/2025 powered by LegistarTM 19 File #: 25-334 MEETING DATE: 5/20/2025 Attachment(s): 1. Treasurer's Quarterly Investment Report for March 2025 2. PowerPoint Presentation Treasurer's Quarterly Investment Report for March 2025 City of Huntington Beach Page 2 of 2 Printed on 5/15/2025 powered by LegistarTM 20 �^e ;fir '..e' �'� HUNTINGTON BEACH '' $ 8 pRe ___ ` cam$, `. _ v City Huntingtonof Beach Quarterly Investment Report March 2025 #1i'NTINGT I/ CC-- V ..• RPOR•••' • \ '' 0 .•'.NCO ATeo ••, •. %� io �F F o.•\\�o II Prepared by: Alisa Backstrom, MBA, CCMT, CPFIM City Treasurer Colin Stevens, MPP Treasury Manager 1 21 ,' 7 gib 4 ° $ ';mowr:i - ,r HUNTINGTON BEACH ..-- - INVESTMENT PORTFOLIO SUMMARY As of March 31, 2025 Portfolio Investments Book Value BookYield Days to Par Value Book Value Market Value %of Port BookYield Contribution Maturity Cash/Money Market $15,042,110.48 $15.042,110.48 $15,042,110.48 3.61% 4.22% 0.15% 1 Local Govt Inv Pools(LGIP) $30,677,790.75 S30.677,790.75 S30,677,790.75 7.35% 4.47% 0.33% 1 Negotiable CDs $5,000,000.00 55,000,000.00 S5,000,000.00 1.20% 4.51% 0A5% 128 US.Treasuries $89,000,000.00 S88,443,254.19 $88,166,480.00 21.20% 3.17% 0.67% 853 Supranational 555.000.000.00 $54.577,16954 $54,716,900.00 13.08% 3.42% 0.45% 860 US.Agencies _ $150,980,000.00 $151,113,606.94 5149,653,52850 36.22% 2.75% 1.00% 666 Corporates. $72,762,000.00 $72.311,514.08 S72,346,138.13 17.33% 4.20% 0.73% 648 Total $$418,461,901.23 $417,165,445.97 $415,602,947.86 100.00% 3.38% 648 Currently, funds within this portfolio with overnight availability are invested in the California Asset Management Program "CAMP" and a money market fund. 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. As interest rates have been rising and have largely remained at elevated levels in the last few years, the market value of securities previously purchased at lower than the current market rates, is just slightly below the book value, at $415.6 million versus $417.1, respectively. As investments are primarily held to maturity, the market value is only a point-in-time measurement and no loss is realized. Interest rates have been rising over the last few years, which has allowed excess funds to be invested at higher rates resulting in increased interest income. 2 22 • • "- • . ° " ;s:" 1/4 '41 t ±71 HUNTINGTON BEACH 'i y PORTFOLIO BREAKOUT BY SECTOR As of March 31, 2025 Sector.Breakdown Cash/[Money Market Corporates 3.61% 17.33% Local Govt Inv Pools(LGIP) 7.35% • ti Negolt 20%able CDs \U.S.Treasuries 21.20% p , US.Agencies 36.22% Supranational 13.08% The largest holding by security type at month-end was U.S. Agency securities at approximately 36% of the total overall portfolio. This was followed by U.S. Treasury securities at approximately 21% of the total portfolio as of March 31, 2025. INVESTMENT PORTFOLIO EARNINGS As of March 31, 2025 Period Earnings Summary(31 Days) Fiscal YTD Summary(274 Days) Net Period Earnings $1,177,209.05 Net.Period Earnings $9.285,186.47 Last FY Period Net Earnings $844,665.99 Last FY Period Net Earnings $7,119,725.23 Avg Daily Book Balance $417,031,515.23 Avg Daily Book Balance $390,716,579.25 Net Effective Annual Return 3.375% Net Effective Annual Return 3.178% 3 23 HUNTINGTON BEACH ' Earnings for the month of March 2025 were $1,177,209, an increase of approximately 39% from the same month in the prior year. Fiscal year to date earnings of $9,285,186 were up approximately 30% 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 3.37%, with a fiscal year-to-date return of 3.18%. The benchmark has increased with the sharp rise in interest rates through 2022 into 2023. At the end of March, the 12-month moving average of the interpolated 1.5-year U.S. Treasury was 4.860%. The portfolio will lag 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, 2025 _ $ in millions i Transaction Type: Security Type Purchase Maturity/Sale U.S.Agencies $5,000 $10,000 U.S.Treasuries $20,000 $0 Corporate Bonds $10,000 $0 Supranationals $5,000 $0 TOTALS: _._ $40,000 $10,000 As interest rates have remained elevated throughout the year, available funds were invested into higher yielding options. For the quarter ending March 31, 2025, one U.S. Agency was purchased for $5.0 million, three U.S. Treasuries were purchased for$20.0 million, two Corporate Bonds were purchased for $10.0 million, and one Supranational (IBRD) was purchased for $5.0 million. Two U.S. Agencies matured for $10.0 million. 4 24 }{UNTINGTON BEACH • * k COMPLIANCE SUMMARY As of March 31, 2025 MAXIMUM SPECIFIED%OF INVESTMENT MAXIMUM 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%/10% "A"Rating Category YES Money Market 60 days 15%/1 0% "AAA" Rating Mutual Funds 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 There were no compliance issues during this period. ECONOMIC AND MARKET OVERVIEW MARKET SUMMARY: DECEMBER 31, 2024 - MARCH 31, 2025 Fed Funds 2-Yr. 10-Yr. As of: Rate Treasury Treasury S&P 500 DJIA 12/31/2024 4.25-4.50% 4.25% 4.58% $ 5,881.63 42,544.22 3/31/2025 4.25-4.50% 3.89% 4.23% $ 5,611.85 $ 42,001.76 % Change 0.00% -8.47% -7.64% -4.59% -1.28% Since the prior quarter, The Federal Open Market Committee ('FOMC' or"the Fed") held two meetings to discuss the current state of the economy and to examine potential future interest rate adjustments. They concluded that the unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid, with inflation remaining somewhat elevated. At their most recent meeting in March, they decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent. 5 25 HUNTINGTON BEACH Fixed Income / Equity Markets: The yield on the 10-year U.S. Treasury finished the quarter at 4.23%, down from 4.58% at the end of the previous quarter. The S&P 500 decreased by 4.59% and the DJIA decreased by 1.28% respectively, over the same period. Employment: Total nonfarm payroll employment rose by 228,000 in March, and the unemployment rate was little changed at 4.2 percent. Notable job gains occurred in health care, in social assistance, and in transportation and warehousing. • 26 ��wnacro Portfolio Summary �Cvitivi ys9 City of Huntington Beach _* x Portfolio:CITY -=-< z Reporting Date:(FY2025) `�ouwn 03/01/2025-03/31/2025 Full Accrual Basis Par Value Period Earnings Summary(31 Days) Fiscal YTD Summary(274 Days) Period Transactions Net Period Earnings $1,177,209.05 Net Period Earnings $9,285,186.47 Redemptions 1 Total Par Value $418,461,901.23 Last FY Period Net Earnings $844,665.99 Last FY Period Net Earnings $7,119,725.23 Purchases 0 Avg Daily Book Balance $417,031,515.23 Avg Daily Book Balance $390,716,579.25 Total Activity 1 Net Effective Annual Return 3.375% Net Effective Annual Return 3.178% Fiscal YTD Transactions Redemptions 17 Purchases 20 Book Value Total Activity 37 Total Book Value $417,165,445.97 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 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:4.420% __ 74 E City Treasurer 03/31/2025 Alisa Backstrom Title Date Portfolio Investments Market Value Book Value Book Yield Days to Par Value Book Value Market Value %of Port Book Yield Contribution Maturity Total Market Value $415,602,947.86 Cash/Money Market $15,042,110.48 $15,042,110.48 _ $15,042,110.48 3.61% 4.22% 0.15% 1 Local Govt Inv Pools(LGIP) $30,677,790.75 $30,677,790.75 $30,677,790.75 7.35% 4.47% 0.33% 1 Negotiable CDs $5,000,000.00 $5,000,000.00 $5,000,000.00 1.20% 4.51% 0.05% 128 U.S.Treasuries $89,000,000.00 $88,443,254.19 $88,166,480.00 21.20% 3.17% 0.67% 853 Supranational $55,000,000.00 $54,577,169.54 _ $54,716,900.00 13.08% 3.42% 0.45% 860 U.S.Agencies $150,980,000.00 $151,113,606.94 _ $149,653,528.50 36.22% 2.75% 1.00% 666 Corporates $72,762,000.00 $72,311,514.08 $72,346,138.13 17.33% 4.20% 0.73% 648 Total $418,461,901.23 $417,165,445.97 $415,602,947.86 100.00% 3.38% 648 7 27 Reporting Period: Cash By Structure Report Portfolio:CITY 03/31/2025 City of Huntington Beach Accounting ID Ticker Pool Description Type Par Value Book Value Market Value Rate %of Portfolio 104 FUZXX First American Treasury Obligations Cash/Money Market 15,042,110.48 15,042,110.48 15,042,110.48 4.220 3.61% Cash/Money Market Total - 15,042,110.48 , 15,042,110.48 15,042,110.48 3.61% 003 CAMP California Asset Management Program LGIP 30,677,790.75 30,677,790.75 30,677,790.75 4.470 7.35% LGIP Total 30,677,790.75 30,677,790.75 30,677,790.75 7.35% ' 8 Report Run Date: Apr 14,2025 28 Reporting Period: Bond Redemption Activity Report Portfolio:CITY 03/31/2025 City of Huntington Beach Accounting ID Transaction Type Cusip Description Price Settlement Posted Date Par Value Principal Accrued Interest Total Date 4332 Maturity 3130AMQ62 FHLB 0.625 03/14/2025 100.00000 03/14/2025 03/14/2025 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 9 Report Run Date: Apr 14,2025 29 Reporting Period: Bond Purchase Activity Report Portfolio:CITY 03/31/2025 City of Huntington Beach Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total Activity Total OAO • 0.00 - 0.00 0.00 10 Report Run Date: Apr 14,2025 30 Reporting Period: Bond Interest Received Report Portfolio:CITY 03/31/2025 City of Huntington Beach Accounting ID Transaction Type Cusip Description Date Posted Interest Received Purchased Interest Net Interest Adjustment 4333 Interest Income 3130ALEY6 FHLB 0.800 03/04/2026 03/04/2025 20,000.00 20,000.00 4372 Interest Income 931142EW9 WMT 3.900 09/09/2025 03/10/2025 97,500.00 97,500.00 4405 Interest Income 3130AWWN6 — FHLB 4.500 09/10/2027 03/10/2025 — 100,237.50 — 100,237.50 _ 4404 — __ —_ Interest Income — 037833DN7 AAPL 2.050 09/11/2026 03/11/2025 — 51,250.00 ,— 51,250.00 4332 Interest Income 3130AMQ62 FHLB 0.625 03/14/2025 03/14/2025 15,625.00 _ 15,625.00 _ 4331 _ Interest Income 3130AMQ54 FHLB 0.700 09/16/2025 03/17/2025 17,500.00 — 17,500.00 Activity Total 302,112.50 0.00 302,112.50 11 Report Run Date: Apr 14,2025 31 Reporting Period: Bond Holdings By Sector Report Portfolio:CITY 03/31/2025 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 4420 , PPGJFO804 CAMP 4.510 08/07/2025 California Asset Management 08/23/2024. 08/23/2024 5,000,000.00 5,000,000.00 5,000,000.00 0.00 4.510 0.35 128 1.20% AAA Negotiable CDs 5,000,000.00 5,000,000.00 5,000,000.00 0.00 1.20% __4376 _ 91282CEU1_ T _ 2.875 06/15/2025 U.S.Treasury Note 11/17/2022 11/18/2_022_ _ 3,000,000.00_ 2,991,902.39 2,990,9_40.00_ __(962.39) 4.276 0.20_ 75 0.72%_ Aaa AA+ AA+ 4330 91282CA87 T�. _0.250_ _07/31/2025 U.S.Treasury Note 05/18/2021 05/19/2021 5,000,000.00 _.___4,994,036.77 - 4,932,950.00 -_(61,086.77) _ 0.615 0.33__ 121 -_1.20% Aaa AA+ AA+ 4340 _9128_2CA10_ T _ 0.250 08/31/2025 __ _U.S.Treasury Note 09/23/2021 09/27/2021 _-5,000,000.00' 4,990,062.76 4,918,700.00 _ (71,362.76) _0.735 0.41 152 1.20% _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 5,033,464.97 4,969,550.00 _ (63,914.97) 1.103 0.41 152 __1.21%- Aaa AA+ 6.4+ 4411__ 91282CHM6 T __- 4.500 07/15/2026 ___ U.S.Treasury Note 03/11/2024 03/12/2024 _ 5,000,000.00 5,007,118.71 __ 5,031,450.00 24,331.29_ 4.380 _1.23 i 470 1.20% _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 4,978,905.01 4,784,000.00 (194,905.01) 0.950 1.30 486 1.19% Aaa AA+ AA+ 4339 91282CCW9 T 0.750 08/31/2026 U.S.Treasury Note 09/23/2021 09/23/2021 1,000,000.00 998,064.48 956,090.00 (41,974.48) 0.890 1.38 517 0.24% Aaa AA+ AA+ 4342 91282CCW9 T 0.750 08/31/2026 U.S.Treasury Note 11/22/2021 11/23/2021 5,000,000.00 4963,365.56 -__ 4,780,450.00 (182,915.56) 1.285 1.38 517 1.19% Aaa AA+ 4A+ 4379 91282CEW7 T 3.250 06/30/2027 U.S.Treasury Note 12/28/2022 12/29/2022 5,000,000.00 4,923,561.44 4,932,800.00 9,238.56 4.000 2.13 820 1.18% Aaa AA+ AA+ 4406 91282CEW7 T 3.250 06/30/2027 U.S.Treasury Note _._ 12/21/2023 12/22/2023 _._5000,00000 4,926,161.74 4,932,800.00 6,638.26 3.960 2.13 820 1.18% Aaa AA+ AA+ 4424 91282CKZ3 T 4.375 07/15/2027 U.S.Treasury Note 10/31/2024 11/04/2024 5,000,000.00 5,030,325.03 5,051,750.00 21,424.97 4.090 2.14 835 1.21% Aaa AA+ AA+ 4409 91282CFB2 T 2.750 07/31/2027 U.S.Treasury Note 01/18/2024 01/19/2024 5,000,000.00 4,856,868.27 4,873,250.00 16,381.73 4.080 2.22 851 1.16% Aaa AA+ AA+ 4421 91282CHK0 T 4.000 06/30/2028 U.S.Treasury Note 09/17/2024 09/18/2024 5,000,000.00 5,085,879.80 5,016,800.00 (69,079.80) 3.431 2.99 1,186 1.22% Aaa AA+ AA+_ 4408 91282CHQ7 T 4.125 07/31/2028 U.S.Treasury Note 01/12/2024 01/16/2024 10,000,000.00 10,089,183.05 10,070,700.00 (18,483.05) 3.831 3.07 1,217 2.42% Aaa AA+ AA+ 4427 91282CKX8 T 4.250 06/30/2029 U.S.Treasury Note 01/03/2025 01/06/2025 5,000,000.00 4,985,186.81 5,060,950.00 75,763.19 4.327 3.83 1,551 1.20% Aaa AA+ AA+ 4430 91282CKX8 T 4.250 06/30/2029 U.S.Treasury Note 01/09/2025 01/10/2025 10,000,000.00 9,938,226.10 10,121,900.00 183,673.90 4.411 3.83 1,551 2.38% Aaa AA+ AA+ 4432 91282CFC0 T 2.625 07/31/2029 U.S.Treasury Note 01/22/2025 01/23/2025 5,000,000.00 4,650,941.29 4,741,400.00 90,458.71 4.419 4.03 1,582 1.11% Aaa AA+ AA+ U.S.Treasuries 89,000,000.00 88,443,254.19 88,166,480.00 (276,774.19) 21.20% 4338 4590581E4 IBRD 0.376 07/28/2025 Int'l Bank for Recon and Dev 07/28/2021 07/30/2021 5,000,000.00 4,996,664.12 4,935,050.00 (61,614.12) 0.583 0.32 118 1.20% 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 4,999,670.19 , 4,893,250.00 (106,420.19) 0.512 0.56 210 1.20% 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_ 4,990,350.98 4,837,900.00 (152,450.98) 0.870 0.88 329 1.20% Aaa AAA AAA _4429_ 459058KJ1 _ IBRD 3.125 06/15/202- -_Intl Bank for Recon and Dev 01/09/2025 01/10_/2025__ _5,000,000.00 4,878,767.54 - __4,9_08,850.00 _30,082.46 _4.295 2.09 _805 __1.17% Aaa__ AAA AAA- 4413 45818WFN1 _ IADB _ 4.850_ 07/19/2027 Inter-American Development Bank 05/28/2024 05/29/2024_ _ 10,000,000.00_ _ -10,017,072.92 _ 10,184,100.00 _ 167,027.08 - 4.770 2.14 839_ 2.40% -Aaa AAA AAA -_-440_1_ 45_81_8WEQ5 IADB -__3.8_00_ 06/0922028 Inter-American Development Bank_ 09/19/2023 09/21/2023_ 5,000,00_0.00__ 4,883,273.14 _ _4,967,000.00 -___83,726.86'� 4.622 _2.94 _ 1,165 1.17%T_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 4,816,413.94 4,925,650.00____10_9,236.06_ 4.760 3.05� 1,198 1.15%_ 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 u 4,874,732.70 4,925,650.00 50,917.30 4.350 3.05 1,198 1.17% Aaa AAA AAA 4410 459058KW2 IBRD 4.625 08/01/2028 Intl Bank for Recon and Dev 01/23/2024 01/25/2024 5,000,000.00 5,074,538.75 5,098,600.00 24,061.25 4.130 3.05 1,218 1.22% Aaa MA AAA 4423 45950KDH0 IFC 4.250 07/02/2029 International Finance Corp 10/22/2024 10/23/2024 5,000,000.00 5,045,685.26 5,040,850.00 (4,835.26) 4.011 3.83 1,553 1.21% Aaa AAA Supranatlonal 55,000,000.00 54,577,169.54 54,716,900.00 139,730.46 . 13,08% 4397 3130AWER7 FHLB 4.625 06/06/2025 Federal Home Loan Bank 06/14/2023 06/15/2023 3,000,000 00 2,999,827.22 3,001,440.00 1,612.78 4.659 0.18 66 0.72% Aaa AA+ 4329 313500423 FNMA 0.500 06/17/2025 Fannie Mae 05/13/2021 05/14/2021 5,000,000.00 4,998,666.26 4,959,050.00 (39,616.26) 0.628 0.21 77 1.20% Aaa AA+ AA+ 4381 3135G04Z3 FNMA 0.500 06/17/2025 Fannie Mae 01/12/2023 01/13/2023 5,000,000.00 4,965,000.00 4,959,050.00 (5,950.00) 4.013 0.21 77 1.19% Aaa AA+ 4A+- 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 4,613,590.50 (36,409.50) 1.250 0.24 90 1.11% Aaa AA+ 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 4,944,200.00 (55.800.00) 0.800 0.31 115 1.20% ,Aaa AA+ 4360 3130AQT94 FHLB 1.600 08/28/2025 Federal Home Loan Bank 03/03/2022 03/04/2022 4.575,000.00 4,571,111.80 4,524,858.00 (46,253.80) 1.816 0.40 149 1.10% Aaa AA+ __ 4331 3130AMQ54 FHLB 0.700 09/16/2025 Federal Home Loan Bank 05/26/2021 06/16/2021 5000,00000 5000,00000 4919400.00 (80,600.00) 0.700 045 168 1.20% Aaa AA+ 4318 31350A2Z3 FNMA 0.560 11/17/2025 Fannie Mae 01/08/2021 01/11/2021 3,000,000.00 3,000,427.15 2,932,410.00 (68,017.15) 0.500 0.62 230 0.72% 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 4,999,211.11 4,857,500.00 (141,711.11) 0.545 0.78 289 1.20% Aaa AA+ 4321 3130AKN85 FHLB 0.550 01/20/2026. Federal Home Loan Bank 01/14/2021 01/20/2021 5,000,000.00 4,999,598.61 4856 250.00 (143,348.61) 0.560 0.79 294 1.20% Aaa AA+. 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 4,850,750.00 (14925000) 0.500 0.81 302 1.20% Aaa AA+ 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 4849,700.00 (150l300.00) 0.800 0.90 337 1.20% Aaa AA+ 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 4,825,550.00 (174,450.00) 1.030 1.12 420 1.20% Aaa 6A+ _ 4335 3130AMFS_6 FHLB 0.750 06/12/2026 Federal Home Loan Bank 06/16/2021 06/17/2021 5,000,000.00 4,992,796.66 4,810,250.00 (182,546.66) 0.873 1.17 437 1.20% Aaa AA+ �4388 3130AVW57 _ FHLB _ 3.750 06/12/2026 Federal Home Loan Bank 05/08/2023 05/09/2023 3,000,000.00 2,998,385.20 2,988,810.00 (9,575.20) 3.796 1.15 437 0.72% Aaa AA+ 4398 3133EPNG6_ -FFCB 4.375 06/23/2026 Federal Farm Credit Bank 06/22/2023 06/23/2023 3,000,000.00 2,999,447.50 3,014,880.00 15,432.50 4.391 1.17 448 0.72% 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 5,000,554.32 4,840,400.00 (160,154.32) 1.339 1.21 455 1.20% Aaa AA+_ 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 4,980,900.00 (19,100.00) 3.750 1.25 475 1.20% Aaa AA+ 4356 3130AQ579 FHLB 2.250 08/07/2026 - Federal Home Loan Bank 01/27/2022 _02/07/2022 5,000,000.00 5,000,000 00 4,883,200.00 (116.800.00) 2.250 1.31 493 1.20% Aaa AA+ 4386 3133EPGT6 FFCB 3.875 04/26/2027 Federal Farm Credit Bank 04/21/2023 04/26/2023 5,000,000.00 -_- 4:997,025.17 4,992,350.00 (4,675.17) 3.906 1.94 755 1.20% 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 4,992,680.66 4,967,150.00 (25,530.66) 3.700 1.99 771 1.20% Aaa AA+ AA+ 12 Report Run Date: Apr 14,2025 32 Reporting Period: Bond Holdings By Sector Report Portfolio:CITY 03/31/2025 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 5&P Fitch ID Date Yield Duration Maturity Portfolio Rating Rating Rating 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 4,968,250.00 (31,750.00) 3.630 2.05 794 1.20% Aaa AA+ 4396 3133EPMV4 FFCB 4.125 06/15/2027 Federal Farm Credit Bank 06/09/2023 06/15/2023 5,000,000.00 4,999,476.18 5,017,600.00 18,123.82 4.130 2.07 805 1.20% Aaa AA+ AA+ 4385 3134GYPF3 FHLMC 4.750 07/12/2027 Freddie Mac 04/21/2023 04/24/2023 3,300,000.00 3,297,322.83 3,296,832.00 (490.83) 4.791 0.74 832 0.79% 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 4,466,328.79 4,515,588.00 49,259.21 4.383 2.29 892 1.07% Aaa AA+ _............ 4395 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/09/2023 06/13/2023 5,000,000.00 5,002,940.31 5,012,500.00 9,559.69 3.979 2.94 1,165 1.20% Aaa AA+ 4399 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/26/2023 06/27/2023 5,000,000.00 4,998,228.40 5,012,500.00 14,271.60 4.012 2.94 1,165 1.20% Aaa AA+ 4400 31422X5U2 FAMCA 5.100 08/07/2028 Farmer Mac 08/02/2023 08/07/2023 2,000,000.00 2,000,000.00 2,002,820.00 2,820.00 5.100 0.72 1,224 0.48% 4414 3130B1BCO FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/18/2024 07/19/2024 5,000,000.00 5,098,182.04 5,123,200.00 25,017.96 4.100 3.74 1,529 1.22% Aaa AA+ 4415 3130B1BCO FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/24/2024 07/25/2024 5,000,000.00 5,086,396.75 5,123,200.00 36,803.25 4.162 3.74 1,529 1.22% Aaa AA+ 4422 3135GAVN8 FNMA 4.330 07/09/2029 Fannie Mae 09/26/2024 10/09/2024 5,000,000.00 5,000,000.00 4,986,050.00 (13,950.00) 4.330 1.29 1,560 1.20% Aaa AA+ AA+ 4431 31360A7A1 FNMA 4.710 07/13/2029 Fannie Mae 01/16/2025 01/23/2025 5,000,000.00 5,000,000.00 5,016,700.00 16,700.00 4.710 2.28 1,564 1.20% Aaa AA+ AA+ 4426 3134HAU43 FHLMC 4.625 12/18/2029 Freddie Mac 12/18/2024 12/20/2024 5,000,000.00 5,000,000.00 5,006,600.00 6,600.00 4.625 1.60 1,722 1.20% Aaa AA+ AA+ U.S.Agencies 150,980,000.00 151,113,606.94 149,653,528.50 (1,460,078.44) 36.22% 4371 459200KS9 IBM 4.000 07/27/2025 IBM 08/09/2022 08/11/2022 6,000,000.00 6,003,427.77 5,988,540.00 (14,887.77) 3.810 0.32 117 1.44% A3 A- 4372 931142EW9 WMT 3.900 09/09/2025 Walmart 09/20/2022 09/22/2022 5,000,000.00 4,994,876.48 4,992,750.00 (2,126.48) 4.150 0.43 161 1.20% Aa2 AA AA 4382 717081DV2 PFE 2.750 06/03/2026 Pfizer Inc 01/13/2023 01/18/2023 5,000,000.00 4,924.560.99 4,917,000.00 (7,560.99) 4.142 1.13 428 1.18% A2 A WD 4375 110122CN6 BMY 3.200 06/15/2026 Bristol-Myers Squibb 11/14/2022 11/16/2022 5,000,000.00 4,929,395.03 4,941,250.00 11,854.97 4.480 1.13 440 1.18% A2 A 4390 931142EM1 WMT 3.050 07/08/2026 Walmart 05/11/2023 05/15/2023 4,257,000.00 4,221,490.83 4,204,809.18 (16,681.65) 3.752 1.19 463 1.01% Aa2 AA AA 4391 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/11/2023 05/15/2023 2,505,000.00 2,450,675.74 2,436,838.95 (13,836.79) 3.752 1.28 483 0.59% Al A+ WD 4404 037833DN7 AAPL 2.050 09/11/2026 Apple 12/04/2023 12/06/2023 5,000,000 00 4,829,889.45 4,856,650.00 26,760.55 4.583 140 528 1.16% Aaa AA+ 4407 713448DN5 PEP 2.375 10/06/2026 Pepsi 12/21/2023 12/26/2023 5,000,000.00 4,865,793.75 4,871,250.00 5,456.25 4.273 1.44 553 1.17% Al A+ WD 4428 24422EXR5 DE 4.900 06/11/2027 John Deere 01/03/2025 01/06/2025 5,000,000.00 5,045,142.86 5,069,100.00 23,957.14 4.460 2.04 801 1.21% Al A A+ 4417 437076DB5 HD 4.875 06/25/2027 Home Depot 08/22/2024 08/23/2024 5,000,000.00 5,081,925.40 5,070,300.00 (11,625.40) 4.061 2.04 815 1.22% A2 A A 4416 4385160X2 HON 4.650 07/30/2027 Honeywell 08/14/2024 08/15/2024 5,000,000.00 5,053,855.17 5,034.050.00 (19805.17) 4.137 2.14 850 1.21% A2 A A 4418 023135BC9 AMZN 3.150 08/22/202'7 Amazon 08/22/2024 08/23/2024 5,000,000.00 4,900,653.85 4,889,350.00 (11,303.85) 4.040 2.23 873 1.17% Al AA AA- 4419 14913UAR1 CAT 4.400 10/15/2027 Caterpillar 09/09/2024 09/10/2024 5,000,000.00 5,061,069.96 5,018,850.00 (42,219.96) 3.886 2.33 927 1.21% A2 A A+ 4433 110122DE5 BMY 3.900 02/20/2028 Bristol-Myers Squibb 01/23/2025 01/24/2025 5,000,000.00 4,906,621.52 4,954,200.00 47,578.48 4.600 2.63 1,055 1.18% A2 A WD 4412 24422EXB0 DE 4.950 07/14/2028 John Deere 03/25/2024 03/27/2024 5,000,000.00 5,042,135.29 5,101,200.00 59,064.71 4.662 2.99 1,200 1.21% Al A A+ Corporates 72,762,000.00 72,311,514.08 72,346,138.13 34,624.05 17.33% Bond Holdings 372,742,000.00 371,445,544.74 369,883,046.63 . (1,562,498.11) 89.04% 13 Report Run Date: Apr 14,2025 . 33 aUC1, T�inc-o t� of/. te� Statement of Cash Receipts and Disbursements and Summary of Cash by Fund :1-0. oc 4, GPI City Treasurer's March er's202 Office Cash Receipts and Disbursements March 2024 February 2025 March 2025 Receipts General Fund Property Tax $ 4,914,439 $ 235,133 $ 5,425,021 Local Sales Tax 3,861,827 5,431,712 3,506,556 Public Safety Sales Tax 325,633 240,177 326,347 Transient Occupancy Tax(TOT) 938,525 1,022,172 1,111,679 Utility Users Tax(UUT) 1,840,310 1,887,767 573,666 Other Revenue 8,370,025 4,630,154 3,345,593 Total General Fund Revenue 20,250,760 13,447,115 14,288,862 Total All Other Funds Revenue 16,780,087 14,731,688 13,910,821 Total Receipts $ 37,030,847 $ 28,178,803 $ 28,199,683 Disbursements General Fund Personnel Services (10,693,407) (12,701,931) (12,979,446) Operating Expenses (3,697,896) (4,175,638) (4,364,763) Capital Expenditures - - - Non-Operating Expenses (1,236,763) (5,833) (5,833) Total General Fund Disbursements (15,628,067) (16,883,403) (17,350,042) Total All Other Funds Disbursements (13,748,398) (14,466,579) (12,581,631) Total Disbursements (29,376,465) (31,349,982) (29,931,673) Net Change in Cash Flow $ 7,654,382 $ (3,171,179) $ (1,731,990) Summary of Cash by Fund March 2024 February 2025 March 2025 General Fund $ 125,370,553 $ 130,606,978 $ 127,545,798 General Fund Other 5,029,806 2,594,103 2,517,699 Capital Projects Funds 45,761,824 47,254,052 46,339,312 Debt Service Funds 28,103,975 38,843,644 39,387,074 Enterprise Funds 80,643,342 83,732,012 86,050,881 Trust and Agency Funds 11,367,785 11,782,960 11,236,230 Internal Service Funds 46,387,107 46,631,796 46,374,212 Special Revenue Funds 44,342,787 55,700,723 55,963,072 General Ledger Cash Balances * $ 387,007,179 $ 417,146,268 $ 415,414,278 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. 14 34 � �NnHcrcy Portfolio Summary 0 $ City of Huntington Beach c Portfolio:CITY liWiii vie�, - ' z Reporting Date:(FY2025) `cFcoUNtt�As\4o0 02/01/2025-02/28/2025 Full Accrual Basis Par Value Period Earnings Summary(28 Days) Fiscal YTD Summary(243 Days) Period Transactions Net Period Earnings $1,128,910.54 Net Period Earnings $8,107,977.42 Redemptions 1 Total Par Value $418,032,041.22 Last FY Period Net Earnings $822,954.01 Last FY Period Net Earnings $6,275,059.24 Purchases 0 Avg Daily Book Balance $416,663,733.14 Avg Daily Book Balance $387,427,212.25 Total Activity 1 Net Effective Annual Return 3.590% Net Effective Annual Return 3.160% Fiscal YTD Transactions Redemptions 16 Purchases 20 Book Value Total Activity 36 Total Book Value $416,662,989.33 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 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:4.490% 1E City Treasurer ____ 02/28/2025 Alisa Backstrom Title Date Portfolio Investments Market Value Book Value Book Yield Days to Par Value Book Value Market Value %of Port Book Yield Contribution Maturity Total Market Value $414,371,704.45 Cash/Money Market $9,718,077.29 $9,718,077.29 $9,718,077.29 2.33% 4.25% 0.10% 1 Local Govt Inv Pools(LGIP) $30,571,963.93 $30,571,963.93 $30,571,963.93 7.34% 4.51% 0.33% 1 Negotiable CDs $5,000,000.00 $5,000,000.00 $5,000,000.00 1.20% 4.51% 0.05% 159 U.S.Treasuries $89,000,000.00 $88,426,365.51 $87,942,090.00 21.22% 3.17% 0.67% 884 Supranational $55,000,000.00 $54,563,270.97 $54,585,300.00 _ 13.10% 3.42% 0.45% 891 U.S.Agencies $155,980,000.00 $156,101,274.53 $154,310,708.05 37.46% 2.68% 1.00% 675 Corporates $72,762,000.00 $72,282,037.11 $72,243,565.18 17.35% 4.20% 0.73% 679 Total $418,032,041.22 $416,662,989.33 $414,371,704.45 100.00% 3.34% 677 15 35 Reporting Period: Cash By Structure Report Portfolio:CITY 02/28/2025 City of Huntington Beach Accounting ID Ticker Pool Description Type Par Value Book Value Market Value Rate %of Portfolio 104 FUZXX First American Treasury Obligations Cash/Money Market 9,718,077.29 9,718,077.29 9,718,077.29 4.250 2.33% Cash/Money Market Total 9,718,077.29 9,718,077.29 9,718,077.29 2.33% 003 CAMP California Asset Management Program LGIP 30,571,963.93 30,571,963.93 30,571,963.93 4.510 7.34% . LGIP Total 30,571,963.93 30;571,963.93` 30,571,963.93 7.34% 16 Report Run Date: Apr 14,2025 38 Reporting Period: Bond Redemption Activity Report Portfolio:CITY 02/28/2025 City of Huntington Beach Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4425 Maturity 313385CA2 FHDN 0.000 02/18/2025 100.00000 02/18/2025 02/18/2025 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 • 17 Report Run Date: Apr 14,2025 37 Reporting Period: Bond Purchase Activity Report Portfolio:CITY 02/28/2025 City of Huntington Beach Accounting ID Transaction Type Cusip` Description Price Settlement Posted Date Par Value Principal Accrued Interest Total Date Activity Total 0.00 0.00 0.00 0.00 18 Report Run Date: Apr 14,2025 38 Reporting Period: Bond Interest Received Report Portfolio:CITY 02/28/2025 City of Huntington Beach Accounting ID Transaction Type Cusip Description Date Posted Interest Received Purchased Interest Net Interest Adjustment 4410 Interest Income 459058KW2 IBRD 4.625 08/01/2028 02/03/2025 115,625.00 115,625.00 4356 Interest Income 3130AQ579 FHLB 1.375 08/07/2026 02/07/2025 56,250.00 56,250.00 4400 Interest Income 31422X5U2 FAMCA 5.100_08/07/2028 _02/0_7/2025_ 51,000.00 51,000.00_ 4433 Interest Income _ 110122DE5 __. BM"(3.900 02/20/2028 - 02/20/2025 - 97,500.00 83,416.67 14,083.33 - 4418 Interest Income 02313_5BC9__ — AMZN 3.150 08/22/2027 02/24/2025 78,750.00 437.50 78,312.50 4324 Interest Income 45906M2L4 IBRD 0.650 02/24/2026 _02/24/2025 16,250.00 16,250.00 4351 _ Interest Income 9128284Z0 --_- T 2.750 08/31/2025 02/28/2025 68,750.00 68,750.00 4360 Interest Income 3130AQT94 FHLB 1.600 08/28/2025 02/28/2025 - 36,600.00 36,600.00 _ 4339 Interest Income _ 91282CCW9 T 0.750 08/31/2026 02/28/2025 _ 3,750.00 3,750.00 4340 Interest Income 91282CA10~ T 0.250 08/31/2025 02/28/2025 6,250.00 �- 6,250.00 __ 4342 Interest Income 91282CCW9 T 0.750 08/31/2026 02/28/2025 18,750.00 18,750.00 Activity Total 549,475.00 83,854.17 465,620.83 ,, 19 Report Run Date: Apr 14,2025 39 Reporting Period: Bond Holdings By Sector Report Portfolio:CITY 02/28/2025 City of Huntington Beach Accounting CUSIP Ticker Coupon- Maturity Date Short Description Trade Date Settlement Par Value Book Value Market Gain/Loss Book Effective Days to (%)of Moodys S&P Fitch ID Date Yield Duration Maturity Portfolio Rating Rating Rating.: 4420 PPG1F0804 CAMP 4.510 08/07/2025 California Asset Management 08/23/2024 08/23/2024 5,000,000.00 5,000,000.00 5,000,000.00 0.00 4.510 0.44 159 1.20% AAA Negotiable CDs - 5,000,000.00 ,: 5,000,000.00 5,000,000.00 0.00 ''1.20%' 4376 91282CEU1 T _ 2.875 06/15/2025 __U.S._ Treasury Note _ _ 11/17/2022 11/18/2022_ 3,000,000.00 _ 2,988,555.38 2,987,190.00 _ (1,365.38) 4.276_ 0.29 _ 106 0.72% Aaa AA+ AA+ ,_ 4330 91282CAB7 T _- 0.250 07/31/2025 U.S.Treasury_Note _ 05/18/2021 05/19/2021 5,000000.00 -_ 4,992,509.00 4,917,450.00 - (75,059.00) 0.615 0.41 -152 1.20% 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 4,988,036.09 __ 4,901,850.00 (86,186.09) 0.735 0.49 183 1.20% 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 _ 5,040,290. 7 4,962,350.00 - (77,940.07) 1.103 0.49 183 1.21% Aaa AA+_ AA+_ 4411 91282CHM6 T 4.500 07/15/2026 U.S.Treasury Note 03/11/2024 03/12/2024 5,000,000.00 _ 5,007,588.25 5,029,700.00 22,111.75 __4.380 1.31 501 1.20% 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 4,977,559.45 4,767,400.00 (210,159.45) 0.950 1.38 517 1.19% 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 _ -__- 997,948.42_ -_ _952,700.00 _`_(45,248_42)____ 0.890 1.47 548 0.24% Aaa AA+ AA+ 4342 - 91282CCW9 T _0.750 08/31/2026 U.S.Treasury Note 11/22/2021 11/23/2021 5,000,000.00 4,961,168.92 4,763,500.00 (197,668.92) 1.285 1.47 548 1.19% Aaa AA+ AA+ 4379 91282CEW7 T 3.250 06/30/2027 U.S.Treasury Note 12/28/2022 12/29/2022 5,000,000.00_,_ 4,920,671.68 4,921.300.00 628.32 4.000 2.21 851 1.18% Aaa AA+ AA+ 4406__ 91282CEW7 T 3.250 06/30/2027 U.S.Treasury Note 12/21/2023 12/22/2023 5,000,000.00 _4,923,370.30 4,921,300.00 (2,070.30) 3.960 2.21 851 1.18% Aaa AA+ AA+ 4424 91282CKZ3 T 4.375 07/15/2027 U.S.Treasury Note 10/31/2024 11/04/2024 5,000,000.00 5,031,450.86 5,044,350.00 12,899.14 4.090 2.22 866 1.21% Ma AA+ AA+ 4409 91282CFB2 T 2.750 07/31/2027 U.S.Treasury Note 01/18/2024 01/19/2024 5,000,000.00 4,851,654.31 4,859,750.00 8,095.69 4.080 2.30 882 1.16% Aaa AA+ AA+ 4421 91282CHK0 T 4.000 06/30/2028 U.S.Treasury Note 09/17/2024 09/18/2024 5,000,000.00 5,088,124 55 5,002,950.00 (85,174.55) 3.431 3.07 1,217 1.22% Aaa AA+ AA+ 4408 91282CHQ7 T 4.125 07/31/2028 U.S.Treasury Note 01/12/2024 01/16/2024 10,000,000.00 10091,45476 10,046,500.00 (44,954.76) 3.831 3.15 1,248 2.42% Aaa AA+ AA+ 4427 91282CKX8 T 4.250 06/30/2029 U.S.Treasury Note 01/03/2025 01/06/2025 5,000,000.00 4,984,890.74 5,047,050.00 62,159.26 4.327 3.90 1,582 1.20% Aaa AA+ AA+ 4430 91282CKX8 T 4.250 06/30/2029 U.S.Treasury Note 01/09/2025 01/10/2025 10,000,000.00 9,936,991.42 10,094,100.00 157,108.58 4.411 3.90 1,582 2.38% Aaa AA+ AA+ 4432 91282CFC0 T 2.625 07/31/2029 U.S.Treasury Note 01/22/2025 01/23/2025 5,000,000.00 4.644,101.33 4,722,650.00 78,548.67 4.419 4.10 1,613 1.11% Aaa AA+ AA+ ' U.S.Treasuries 89,000,000.00 88,426,365.51 87,942,090.00 (484,275.51) 21.22% 4338 4590581E4 IBRD 0.376 07/28/2025 Intl for Recon and Dev 07/28/2021 07/30/2021 5,000,000.00 4,995,808.76 4,919,900.00 (75,908.76) 0.583 0.40 149 1.20% Aaa AAA AAA _ 4319 459058118 IBRD 0.500 10/28/2025 Intl Bank for Recon and Dev 01/08/2021 01/12/2021 5,000,000.00 4,999,622.39 4,878,000.00 (121,622.39) 0.512 0.65 241 1.20% Aaa AAA AAA 4324 _ 45906M_2L4 IBRD _ 0.650 02/24/2026 Intl Bank for Recon and Dev 04/28/2021 04/30/2021 5,000,000.00 - 4,989,454.79 4,822,800.00 _ (166,654.79) 0.870 __0.97 360 1.20% Aaa AAA AAA _ 4429 459058KJ1 IBRD 3.125 _06/15/2027 Intl Bank for Recon and Dev 01/09/2025 01/10/2025 5,000,000.00 4,874,186.97 _ 4,898,200.00 _ 24,013.03 4.295 2.17_ 836 1.17% Ma AAA AAA 4413 _ 45818WFN1 - IADB 4.850 07/19/2027_Inter-American Development Bank 05/28/2024 05/29/2014 10,000,000.00 10,017,691.50 10,171,500.00 153,808.50 4.770 2.22 870 2.40% 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 4,880,222.79_ 4,958,600.00 _78,377.21 4.622 _3.02 1,196 1.17% 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 4,811,750.45 __ 4,909,750.00 97,999.55 4.760 3.13 1,229 1.15% Ma 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 4,871,550.63 4,909,750.00 38,199.37 4.350 3.13` 1,229 1.17% Ma AAA AAA _4410 459058KW2 IBRD 4.625 08/01/2028 IntlBank for Recon and Dev 01/23/2024 01/25/2024 5,000,000.00 5,076,402.21 5,085.950.00 9,547.79 4.130 3.13 1,249 1.22% Aaa AAA AAA 4423 45950KDH0 IFC 4.250 07/02/2029 International Finance Corp 10/22/2024 10/23/2024 5,000,000.00 5,046,580.46 5,030,850.00 (15,730.46) 4.011 3.91 1,584 1.21% Aaa AAA Supranational - 55,000,000.00 54,563,270.97 54,585,300.00 .'22,029.03 _ 13.10% 4332 3130AMQ62 FHLB 0.625 03/14/2025 Federal Home Loan Bank 05/26/2021 06/14/2021 5000,00000 5,000,000.00 4,994,200.00 (580000) 0625 0.04 13. 1.20% Aaa AA+ 4397 3130AWER7 FHLB 4.625 06/06/2025 Federal Home Loan Bank 06/14/2023 06/15/2023 3,000,000.00 2,999,747.47 3,001,590.00 1,842.53 4.659 0.26 97 0.72% Aaa AA+ 4329 3135G04Z3 FNMA 0.500 06/17/2025 Fannie Mae 05/13/2021 05/14/2021 5,000,000.00 4,998,139.78 4,944,500.00 (53,639.78) 0.628 0.29 108 1.20% Aaa AA+ AA+ 4381 3135G04Z3 FNMA 0.500 06/17/2025 Fannie Mae 01/12/2023 01/13/2023 5,000,000.00 4,951,184.21 4,944,500.00 ' (6,684.21) 4.013 0.29 108 1.19% 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 4,601,268.00 (48,732.00) 1.250 0.33 121 112% Aaa AA+ 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 4,929,600.00 (70,400.00) 0.800 0.39 146 1.20% Ma AA+ 4360 3130AQT94 FHLB 1.600 08/28/2025 Federal Home Loan Bank 03/03/2022 03/G4/2022 4,575,000.00 4,570,318.29 - 4,515.616.50 (54,701.79) 1.816 0.49 180 1.10% Aaa AA+ 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 4,906,300.00 (93,700.00) 0.700 0.53 199 1.20% Ma AA+ - 4318 3135GA2Z3 FNMA 0.560 11/17/2025 Fannie Mae 01/08/2021 01/11/2021 3,000,000.00 3,000,483.85 2,923,710.00 (76,773.85) 0.500 0.70 261 0.72% Ma AA+ 4.4+- 4320 3130AKN36 FHLB 0.525 01/15/2026 Federal Home Loan Bank 01/14/2021 01/15/2021 5,000,000.00 4,999,127.78 4,843,700.00 (155,427.78) 0.545 0.86 320 1.20% Aaa AA+ 4321 3130AKN85 FHLB 0.550 01/20/2026 Federal Home Loan Bank __ _01/14/2021 01/20/2021 _ 5,000,000.00 __4,999,556.94__._ _-4,842500.00 ___(157056.94)__ 0.560_ _ 0.87 ___325 _1_20% _Aaa__-AA+ 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 ,__4836,100.00 __ -(163,900.000) __ 0.500 0.89__ __333 _ 1.20%__Aaa__AA+ 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 4,835,400.00 (164,600.00) 0.800 0.98 368 1.20% Ma AA+ -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 4,810,100.00 (189,900.00) 1.030 1.20 451 1.20% Aaa AA+ 4335 _3130AMFS6 FHLB 0.750 06/12/2026 _Federal Home Loan Bank - 06/16/2021 06/17/2021 5,000,000.00 4,992,295.26 4,794,450.00 - (197,845.26) _ 0.873 1.25 468 1.20% Aaa AA+ ____4388- 3130AVW57 FHLB 3.750 06/12/2026 Federal Home Loan Bank 05/08/2023 05/09/2023 3,000,000.00 2,998,272.80 _ 2,985,780.00 (12,492.80) 3.796 1.23 468 0.72% Aaa AA+ 4398 3133EPNG6 - FFCB 4.375 06/23/2026 _-Federal Farm Credit Bank 06/22/2023 06/23/2023 3,000,000.00 2,999,410.00 -_ 3,013,110.00 13,700.00 4.391 1.26_ 479 0.72% 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--- 5000,59136 _-4,826_300.00 (174,291.36)__. 1.339 1.29 _ 486 1.20% Aaa AA+v 4384 3130AUMC5 FHLB 3.750 07/20/2026 Federal Home Loan Bank _ 01/17/2023 01/19/2023 5000,000.00 5,000,000.00 4,975,350.00 (24,650.00) 3.750 1.33 506 1.20% Aaa AA+ 4356 _._3130AQS79 FHLB 2.250 08/07/2026 - Federal Home Loan Bank 01/27/2022 02/07/2022 5,000,000.00 5,000,000.00 4,872,000.00 (128,000.00) 2.250 1.39 _524 1.20% Aaa AA+ 4386 3133EPGT6 FFCB 3.875 04/26/2027 Federal Farm Credit Bank 04/21/2023 04/26/2023 5,000,000.00 4,996,905.38 4,981,900.00 (15,005.38) 3.906 2.02 786 1.20% Aaa AA+ AA+ 20 Report Run Date: Apr 14,2025 - 40 Reporting Period: Bond Holdings By Sector Report Portfolio:CITY 02/28/2025 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 4389 3133EPJP1 FFCB 3.625 05/12/2027 Federal Farm Credit Bank 05/08/2023 05/12/2023 5.000,000.00 4,992,392.12 4,955,700.00 (36 692.12) 3.700 2.07 802 1.20% 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 4,955,900.00 (44 100 00) 3.630 2.13 825 1.20% Aaa AA+ 4396 3133EPMV4 FFCB 4.125 06/15/2027 Federal Farm Credit Bank 06/09/2023 06/15/2023 5,000,000.00 4,999,456.39 5,007,350.00 7,893.61 4.130 2.15 836 1.20% Aaa AA+ AA+ 4385 3134GYPF3 FHLMC 4.750 07/12/2027 Freddie Mac 04/21/2023 04/24/2023 3,300,000.00 3,297,225.00 3,296,271.00 (954.00) 4.791 0.91 863 0.79% 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 4,466,715.43 4,506,722.55 40,007.12 4.383 2.32 923 1.07% Aaa AA+ 4395 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/09/2023. 06/13/2023 5,000,000.00 5,003,017.15 4,998,550.00 (4,467.15) 3.979 3.02 1,196 1.20% Aaa AA+ 4399 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/26/2023 06/27/2023 5,000.000.00 4,998,182.10 4,998,550.00 367.90 4.012 3.02 1,196 1.20% Aaa AA+ 4400 31422X5U2 FAMCA 5.100 08/07/2028. Farmer Mac 08/02/2023 08/07/2023 2,000,000.00 2,000,000.00 2,004,440.00 4,440.00 "5.100 0.78 1,255 0.48% __4414 _ 3130B1BCO_`FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/18/2024 07/19/2024 5,000,000.00 5,100,136.55 5,109,300.00 9,163.45 4.100 3.82 1,560 1.22% Aaa AA+ 4415 3130B1BCO FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/24/2024 07/25/2024 5,000,000.00 5,088,116.66 5,109,300.00 21,183.34 4.162 3.82 1,560 1.22% Aaa AA+ 4422 3135GAVN8 FNMA_». 4.330 07/09/2029 Fannie Mae 09/26/2024 10/09/2024 5,000,000.00 5,000,000.00 4969700.00 (30,300.00) 4.330 1.75 1,591 1.20% Aaa PA+ AA+ 4431 3136GA7A1 FNMA 4.710 07/13/2029 Fannie Mae 01/16/2025 01/23/2025 5,000,000.00 5,000,000.00 5,012,750.00 12,750.00 4.710 2.31 1,595 1.20% Aaa AA+ AA+ 4426 3134HAU43 FHLMC 4.625 12/18/2029 Freddie Mac 12/18/2024 12/20/2024 5,000,000.00 5,000,000.00 5,008,200.00 8,200.00 4.625 1.63 1,753 1.20% Aaa AA+ AA+ US.Agencies 155,980,000.00 - 156,101,274.53 154,310,708.05 (1,790,566.48) 37.46% 4371 459200KS9 IBM 4.000 07/27/2025 IBM 08/09/2022 08/11/2022 6,000,000.00 6,004,314.26 5,990,520.00 (13,794.26) 3.810 0.40 148 1.44% A3 A- 4372 931142EW9. WMT 3.900 09/09/2025 __. _._ Walmart __.09/20/2022 09/22/2022 5,000,000.00 4,993,903.66 4,985,650.00 (8,253.66) 4.150 0.51 192 1.20% Aa2 PA AA 4382 717081DV2 PFE 2.750 06/03/2026 Pfizer Inc 01/13/2023 01/18/2023 5000,00000 4,919,198.02 4,910,800.00 (8,398.02) 4.142 1.21 459 1.18% A2 A WD 4375 110122CN6 BMY 3.200 06/15/2026 Bristol-Myers Squibb 11/14/2022 11/16/2022 5,000,000.00 4,924,514.51 4,933,750.00 9,235.49 4.480 1.22 471 1.18% A2 A 4390 931142EM1 WMT 3.050 07/08/2026 Walmart 05/11/2023 05/15/2023 4,257,000.00 4,219,159.82 4,197,146.58 (22,013.24) 3.752 1.28 494 1.01% Aa2 AA AA 4391 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/11/2023 05/15/2023 2,505,000.00 2,447,259.12 2,429,148.60 (18,110.52) 3.752 1.37 514 0.59% Al A+ WD 4404 037833DN7 AAPL 2.050 09/11/2026 Apple 12/04/2023 12/06/2023 5,000,000.00 4,820,075.38 4,845,350.00 25,274.62 4.583 1.47 559 1.16% Aaa AA+ 4407 713448DN5 PEP 2.375 10/06/2026 Pepsi 12/21/2023 12/26/2023 5,000,000.00 4,858,406.25 4,857,400.00 (1,006.25) 4.273 1.52 584 1.17% Al A+ WD 4428 24422EXR5 DE 4.900 06/11/2027 John Deere _.._ 01/03/2025 01/06/2025 5,000,000.00 5,046,857.14 5,065,350.00 18,492.86 4.460 2.12 832 1.21% Al A A+ 4417 437076D85 HD 4.875 06/25/2027 __.Home Depot 08/22/2024 08/23/2024 5,000,000.00 5,085,100.81 5,063,350.00 (21,750.81) 4.061 2.12 846 1.22% A2 A A 4416 438516CX2 HON 4.650 07/30/2027 Honeywell 08/14/2024 08/15/2024 5,000,000.00 5,055,852 27 5,031,950.00 (23,902.27) 4.137 2.22 881 1.21% A2 A A 4418 _ 023135BC9 AMZN 3.150 08/22/2027 Amazon 08/22/2024 08/23/2024 5,000,000.00 4,897,192.31 4,875,800.00 (21,392.31) 4.040 2.31 904 1.18% Al AA AA- 4419 14913UAR1 CAT 4.400 10/15/2027 Caterpillar 09/09/2024 09/10/2024 5,000,000.00 5,063,074.44 5,009,000.00 (54,074.44) 3.886 2.42 958 1.22% A2 A A+ 4433 110122DE5 BMY 3.900 02/20/2028. Bristol-Myers Squibb 01/23/2025 01/24/2025 5,000,000.00 4,903,925.32 4,949 050.00 45,124.68 4.600 2.70 1,086 1.18% A2 A WD 4412 24422EXB0 DE 4.950 07/14/2028 John Deere 03/25/2024 03/27/2024 5,000,000.00 5,043,203.81 5,099,300.00 56,096.19 4.662 3.07 1,231 1.21% Al A A+ Corporates I 72,762,000.00 72,282,037.11 72,243,565.18 (38,471.93). 17.35% Bond Holdings 377,742,000.00 376,372,948.11 374,081,663.23 (2,291,284.88) . r . 90.33% 21 Report Run Date: Apr 14,2025 41 e Of o",,.!"r e�� Statement of Cash Receipts and Disbursements and +� Summary of Cash by Fund .- _`t= - ; City Ci Treasurer's Office �`edi v G�". 0 February 2025 Cash Receipts and Disbursements February 2024 January 2025 February 2025 Receipts General Fund Property Tax $ 144,722 $ 22,503,768 $ 235,133 Local Sales Tax 4,795,396 3,278,378 5,431,712 Public Safety Sales Tax 236,799 477,343 240,177 Transient Occupancy Tax(TOT) 1,001,534 761,373 1,022,172 Utility Users Tax(UUT) 1,815,586 1,872,992 1,887,767 Other Revenue 5,573,286 11,741,544 4,630,154 Total General Fund Revenue 13,567,325 40,635,397 13,447,115 Total All Other Funds Revenue 12,853,834 19,642,309 14,731,688 Total Receipts $ 26,421,158 $ 60,277,707 $ 28,178,803 Disbursements General Fund Personnel Services (12,873,440) (12,155,866) (12,701,931) Operating Expenses (5,828,662) (4,091,337) (4,175,638) Capital Expenditures - - - Non-Operating Expenses (5,688) (197,654) (5,833) Total General Fund Disbursements (18,707,790) (16,444,857) (16,883,403) Total All Other Funds Disbursements (12,548,735) (27,875,449) (14,466,579) Total Disbursements (31,256,525) (44,320,305) (31,349,982) Net Change in Cash Flow $ (4,835,366) $ 15,957,401 $ (3,171,179) Summary of Cash by Fund February 2024 January 2025 February 2025 General Fund $ 92,055,917 $ 132,658,771 $ 129,222,483 General Fund Other 5,084,219 2,610,736 2,616,494 Capital Projects Funds 65,411,498 47,663,293 47,254,052 Debt Service Funds 30,652,777 38,980,163 38,843,644 Enterprise Funds 79,723,530 82,717,330 83,732,012 Trust and Agency Funds 5,008,251 12,516,268 11,839,313 Internal Service Funds 52,912,108 47,222,538 46,631,796 Special Revenue Funds 49,094,233 54,543,021 55,601,145 General Ledger Cash Balances * $ 379,942,533 $ 418,912,119 $ 415,740,940 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. 22 42 o Summary ' ��� Q',� •�ortofi Y Mi1NCF , : tY HuntingtonBeach Portfolio:CITY 1, ; Reporting Date:(FY2025) 9' ` "2° °' 01/01/2025-01/31/2025 roUHSY 6a Full Accrual Basis Par Value Period Earnings Summary(31 Days) Fiscal YTD Summary(215 Days) Period Transactions , Net Period Earnings $1,146,449.46 Net Period Earnings $6,979,066.88 Redemptions 0 Total Par Value $422,305,986.29 Last FY Period Net Earnings $870,536.19 Last FY Period Net Earnings $5,452,105.23 Purchases 7 Avg Daily Book Balance $411,730,368.14 Avg Daily Book Balance $383,250,566.41 Total Activity 7 Net Effective Annual Return 3.328% Net Effective Annual Return„ 3.111% " Fiscal YTD Transactions Redemptions 15 Purchases 20 Book Value Total Activity 35 Total Book Value $420,855,819.38 - 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 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:4.520% ___ A __ City Treasurer 01/31/2025 Alisa Backstrom Title Date Portfolio Investments Market Value Book Value, Book Yield Days to Par Value Book Value Market Value Book Yield �. %of Port Contribution Maturity Total Market Value $416,765,624.34 Cash/Money Market $9,099,730.60 $9,099,730.60 $9,099,730.60 2.16% 4.27% 0.09% 1 Local Govt Inv Pools(LGIP) $30,464,255.69 $30,464,255.69 $30,464,255.69 7.24% 4.55% 0.33% 1 Negotiable CDs $5,000,000.00 $5,000,000.00 $5,000,000.00 1.19% 4.51% 0.05% 187 U.S.Treasuries $89,000,000.00 $88,411,111.22 $87,327,120.00 21.01% 3.17% 0.67% 912 Supranational $55,000,000.00 $54,549,372.40 $54,221,150.00 12.96% 3.42% 0.44% 919 U.S.Agencies $160,980,000.00 $161,078,789.34 $158,678,855.40 38.27% 2.74% 1.05% 682 Corporates $72,762,000.00 $72,252,560.13 $71,974,512.65 17.17% 4.20% 0.72% 707 Total $422,305,986.29 $420,855,819.38 $416,765,624.34 100.00%- 3.35% 695 23 43 Reporting Period: Cash By Structure Report Portfolio:CITY 01/31/2025 City of Huntington Beach Accounting ID Ticker Pool Description Type Par Value Book Value Market Value Rate %of Portfolio 104 FUZXX First American Treasury Obligations Cash/Money Market 9,099,730.60 9,099,730.60 9,099,730.60 4.270 2.16% Cash/Money Market Total, . 9,099,730.60 9,099,730.60 . 9,099,730.60 2.16% 003 CAMP California Asset Management Program LGIP 30,464,255.69 30,464,255.69 30,464,255.69 4.550 7.24% LGIP Total 30,464,255.69 30,464,255.69 30,464,255.69 7.24% 24 Report Run Date: Apr 14,2025 44 Reporting Period: Bond Redemption Activity Report Portfolio:CITY 01/31/2025 City of Huntington Beach Settlement Posted Date Par Value Principal Accrued Interest Total Accounting ID Transaction Type Cusip Description Price Date Activity Total 0.00,. 0.00 0.00' 0.00 • 25 Report Run Date: Apr 14,2025 45 Reporting Period: Bond Purchase Activity Report Portfolio:CITY 01/31/2025 City of Huntington Beach Accounting ID Transaction Type Cusip Description Price Settlement Posted Date Par Value Principal Accrued Interest Total Date 4427 Buy 91282CKX8 T 4.250 06/30/2029 99.68750 01/06/2025 01/06/2025 5,000,000.00 4,984,375.00 3,522.10 4,987,897.10 4428 Buy 24422EXR5 DE 4.900 06/11/2027 101.00000 01/06/2025 01/06/2025 5,000,000.00 5,050,000.00 17,013.89 5,067,013.89 4429 Buy ____459058KJ1_ IBRD 3.125 06/15/2027 97.32800 01/10/2025 01/10/2025 5,000,000.00 4,866,400.00 10,850.69 4,877,250.69 4430 _ Buy 91282CKX8 T 4.250 06/30/2029 _____ 99.35000 _0_1/10/2025 01/10/2025 _ 10,000,000.00 9,935,000.00 —11,740.33 9,946,740.33 _ 4431 Buy 3136GA7A1 FNMA 4.710 07/13/2029 100.00000 01/23/2025 01/23/2025 5,000,000.00 — 5,000,000.00 0.00 _ 5,000,000.00 4432 — Buy __9_1_282CFC0 — T 2.625 07/31/2029 92.71875_ 01/23/2025 01/23/2025 5,000,000.00 4,635,937.50 62,771.74 4,698,709.24 4433T — Buy — 110122DE5 — BMY 3.900 02/20/2028 98.01200 01/24/2025 01/24/2025 5,000,000.00 4,900,600.00 83,416.67 4,984,016.67 Activity Total 40,000,000.00 39,372,312.50 189,315.42 39,561,627.92 26 - Report Run Date: Apr 14,2025 46 Reporting Period: Bond Interest Received Report Portfolio:CITY 01/31/2025 City of Huntington Beach Accounting ID Transaction Type Cusip Description Date Posted Interest Received Purchased Interest Net Interest Adjustment 4423 Interest Income 45950KDH0 IFC 4.250 07/02/2029 01/02/2025 106,250.00 65,520.83 40,729.17 4390 Interest Income 931142EM1 WMT 3.050 07/08/2026 01/08/2025 64,919.25 64,919.25 4385 Interest Income 3134GYPF3_ FHLMC_ 4.75_0 07/12/2027 _0_1/13/2025 78,375.00 78,375.00 4402 — — Interest Income — 459058KT9Fry — LL —IBRD 3.500 07/12/2028 01/13/2025 87,500.00— —_ 87,500.00 4403 — Interest Income— 459058KT9 IBRD 3.500 07/12/2028 01/13/2025 _ 87,500.00 87,500.00 4412 _—_ Interest Income _24422EXBO — DE 4.950 07/14/2028 01/14/2025 123,750.00 ___ 123,750.00-- 4411 —_ Interest Income _91282CHM6 T 4.500 07/15/2026 01/15/2025 112,500.00 112,500.00 — 4424 Interest Income _ 91282CKZ3 T 4.375 07/15/2027 01/15/2025_ 109,375.00 66,576.09 42,798.91 — 4320 _ _ Interest Income — 3130AKN36 FHLB 0.525 01/15/2026 01/15/2025 13,125.00 13,125.00 -- 4384 Interest Income 3130AUMC5 �— FHLB 3.750 07/20/2026 —01/21/2025 93,750.00 _ 93,750.00 4413 _ Interest Income _ 45818WFN1 IADB 4.850 07/19/2027 _ 01/21/2025 242,500.00 _ _ 242,500.00 — 4321 Interest Income 3130AKN85 FHLB 0.550 01/20/2026 01/21/2025 13,750.00 13,750.00 4371 — Interest Interest Income— _459200KS9 IBM 4.000 07/27/2025 -- 01/27/2025_ 120,000.00 — — 120,000.00 4338 — Interest Income _459058JE4_ IBRD 0.376 07/28/2025 01/28/2025 — 9,400.00 T — 9,400.00 4391 Interest Income 904764AU1 -- UNANA 2.000 07/28/2026 — 01/28/2025— — 25,050.00 —_ 25,050.00 — 4322 Interest Income 3130AKU53 FHLB 0.500 01/28/2026 01/28/2025 12,500.00 12,500.00 4416 Interest Income 438516CX2 HON 4.650 07/30/2027 01/30/2025 115,604.17 9,041.67 106,562.50 4341 Interest Income 91282CCP4 T 0.625 07/31/2026 01/31/2025 15,625.00 15,625.00 4408 Interest Income 91282CHQ7 T 4.125 07/31/2028 01/31/2025 206,250.00 206,250.00 4409 Interest Income 91282CFB2 T 2.750 07/31/2027 01/31/2025 68,750.00 68,750.00 4432 Interest Income 91282CFC0 T 2.625 07/31/2029 01/31/2025 65,625.00 62,771.74 2,853.26 4330 Interest Income 91282CAB7 T 0.250 07/31/2025 01/31/2025 6,250.00 6,250.00 Activity Total 1,778,348.42 203,910.33 1,574,438.09 27 Report Run Date: Apr 14,2025 47 Reporting Period: Bond Holdings By Sector Report Portfolio:CITY 01/31/2025 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 4420 PPGJF0804 CAMP 4.510 08/07/2025 California Asset Management 08/23/2024 08/23/2024 5,000,000.00 5,000,000.00 5,000,000.00 0.00 4.510 0.51 187 1.19% AAA Negotiable CDs 5,000,000.00 5,000,000.00 5,000,000.00. 0.00 1.19% _4376 91282CEU1 T_ 2.875_ 06/15/2025 U.S.Treasury Note 11/17/2022 11/18/2022_ 3,000,000.00 2,985,532.28 2,984,040.00 _ (1,492.28) ___ 4.276 0.36 _134 0.71% Aaa AA+ AA+ __ 4330 __91282CAB7 T 0.250 07/31/2025 U.S.Treasury Note _ 05/18/2021 05/19/2021 5,000,00'0.00 _4,991,129.07_�__4,902,750.0'0 (88,379.07) 0.615 0.49 11 180 1.19% _Aaa AA+ AA+ 4340 _91282CA10 T _ 0.250 08/31/2025 U.S.Treasury Note 09/23/2021 09/27/2021 _5,000,000.00 4,986,205.54 - 4,885,800.00 (100,405.54) 0.735 0.57 2 1.18% Aaa AA+ AA+ 4351 9128284Z0__y_ T 2.750 08/31/2025 U.S.Treasury Note 12/30/2021 12/31/2021 5,000,000.00 5,046,454.67 __ 4,955,800.00 _ (90,654.67) 1.103 0.56 �211 1.20% Aaa AA+ AA+ 4411 91282CHM6 T 4.500 07/15/2026 __ U.S.Treasury_Note 03/11/2024 _03/12/2024_ 5,000,000.00 5,008,012.34 5,019,550.00 _11,537.66 _4.380 1.39 529 1.19% Ma` AA+ _AA+ _ 4341 91282CCP4 T 0.625 07/31/2026 ___U.S.Treasury Note�T 09/30/2021 09/30/2021 _ 5,000,000.00_ __ 4,976,344.10______4,743,550.00 (232,794.1_0)___ 0.950 _1.46 _545 1.18% Aaa_ AA+_ AA_+_ 4339 91282CCW9 T 0.750 08/31/2026 U.S.Treasury Note^_ 09/23/2021 09/23/2021 1,000,000.00 997,843.59 947,730.00 (50,113.59) 0.890 1.54 576 0.24% Aaa AM AA+ 4342 91282CCW9 T 0.750 08/31/2026 U.S.Treasury Note 11/22/2021 11/23/2021 5,000,000.00 4,959,184.85 4,738,650.00 (220,534.85) 1.285 1.54 576 1.18% Aaa AA+ AA+ 4379_ 91282CEW7 T 3.250 06/30/2027 U.S.Treasury Note 12/28/2022 12/29/2022 5,000,000.00 4,918,061.59 4,892,400.00 (25,661.59) 4.000 _ 2.28 879_ 1.17%_ AM_Aaa AA+ 4406 91282CEW7 T 3.250 06/30/2027 U.S.Treasury Note 12/21/2023 12/22/2023 5,000,000.00 4,920,848.99 4,892,400.00 (28,448.99) 3.960 2.28 879 1.17% Aaa 6A+ AA+ 4424 91282CKZ3 T 4.375 07/15/2027 U.S.Treasury Note 10/31/2024 11/04/2024 5,000,000.00 5,032,467.75 5,017,800.00 (14,667.75) 4.090 2.30 894 1.20% Aaa AA+ AA+ 4409 91282CF82 T 2.750 07/31/2027 U.S.Treasury Note 01/18/2024 01/19/2024 5,000,000.00 4,846,944.92 4,826,950.00 (19,994.92) 4.080 2.38 910 1.15% Ma AA+ AA+ 4421 91282CH1<0 T 4.000 06/30/2028 U.S.Treasury Note 09/17/2024 09/18/2024 5,000,000.00 5,090,152.06 4,958,200.00 (131,952.06) 3.431 3.15 1,245 1.21% Aaa AA+ AA+ 4408 91282CHQ7 T 4.125 07/31/2028_ U.S.Treasury Note 01/12/2024 01/16/2024 10,000,000.00 10,093,506.63 9952000.00 (14150663) 3.831 3.22 1,276 2.40% Aaa AA+ AA+ 4427 91282CKX8 T 4.250 06/30/2029 U.S.Treasury Note 01/03/2025 01/06/2025 5,000,000.00 4,984,623.32 4,984,550.00 (73.32) 4.327 3.97 1,610 1.18% Aaa AA+ AA+- 4430 91282CKX8 T 4.250 06/30/2029 U.S.Treasury Note 01/09/2025 01/10/2025 10,000,000.00 9,935,876.23 9,969,100.00 33,223.77 4.411 3.97 1,610 2.36% Aaa AA+ AA+ 4432 91282CFC0 T 2.625 07/31/2029 U.S.Treasury Note 01/22/2025 01/23/2025 5,000,000.00 4,637,923.30 4,655,850.00 17,926.70 4.419 4.17 1,641 1.10% Aaa AA+ AA+ U.S.Treasuries 89,000,000.00 .. 88,411,111.22 87,327,120.00 (1,083,991.22) ,21.01% • 4338 4590581E4 IBRD 0.376 07/28/2025 Intl Bank for Recon and Dev 07/28/2021 07/30/2021 5,000,000.00 4,994,953.41 4,903,800.00 (91,153.41) 0.583 0.48 177 1.19% Aaa AAA AAA 4319 4590581L8 IBRD 0.500 10/28/2025 Int'l Bank for Recon and Dev 01/08/2021 01/12/2021 5,000,000.00 4,999,574.59 4,860,250.00 (139,324.59) 0.512 0.72 269 1.19% _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 4.988,558.59 4,800,700.00 (187,858.59) _ 0.870 1.04 388 1.19% Aaa AAA _ AAA 4429 459058KJ1 IBRD 3.125 06/15/2027 Int'l Bank for Recon and Dev 01/09/2025 01/10/2025 5,000,000.00 4,869,606.40 4,871,200.00 1,593.60 __4.295 2.24 864 1.16% _Aaa AAA _AAA_ 4413 45818WFN1 IADB __ 4.850 07/19/2027 Inter-American Development Bank 05/28/2024 05/29/2024 10,000,000.00 10,018,310.09 10,123,600.00 105,289.91 4.770 2.30 898 2.38% _ 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 4,877,172.44 4,916,700.00 _ 39,527.56 4.622 _ 3.10 1,224 1.16% 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 4,807,086.96 4,865,100.00 58,013.04 4.760 3.20� 1,257 1.14% -Aaa AAA AAA 4403 459058KT9 IBRD 3.500 07/12/2028 Int'l Bank for Recon and Dev 12/04/2023 12/06/2023 5,000,000.00 4,868,368.57 4,865,100.00 (3,268.57) 4.350 3.20 1,257 1.16% Aaa AAA AAA 4410 459058KW2 IBRD 4.625 08/01/2028 Intl Bank for Recon and Dev 01/23/2024 01/25/2024 5,000,000.00 5,078,265.68 5,044,500.00 (33,765.68) 4.130 3.13 1,277 1.21% Aaa AAA AAA! 4423 45950K0H0 IFC 4.250 07/02/2029 I International Finance Corp 10/22/2024 10/23/2024 5,000,000.00 5,047,475.67 4,970,200.00 (77,275.67) 4.011 3.97 1,612 1.20% Ma AAA Supranational . 55,000,000.00`- 54,549,372.40 54,221,150.00 (328,222.40) I , 12,96% 4425 313385CA2 FHDN 0.000 02/18/2025 Federal Home Loan Bank Discount 12/10/2024 12/11/2024 5,000,000.00 4,989,847.22 4,989,500.00 (347.22) 4.408 0.05 17 1.19% P-1 A-1+ 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 4,979,700.00 (20,300.00) 0.625 0.11 41 1.19% Aaa AA+ 4397 3130AWER7 FHLB 4.625 06/06/2025 Federal Home Loan Bank 06/14/2023 06/15/2023 3,000,000.00 2,999,667.72 3,003,120.00 3,452.28 4.659 0.34 125 0.71% Aaa AA+ 4329 3135G04Z3 FNMA 0.500 06/17/2025 Fannie Mae 05/13/2021 05/14/2021 5,000,000.00 4,997,613.31 4,928,950.00 (68,663.31) 0.628 0.37 136 1.19% Aaa AA+ AA+ 4381 3135G04Z3 FNMA 0.500 06/17/2025 Fannie Mae 01/12/2023 01/13/2023 5,000,000.00 4,937,368.42 4,928,950.00 (8,418.42) 4.013 0.37 136 1.17% Ma 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 4,593,409.50 (56,590.50) 1.250 0.40 149 1.10% Aaa AA+ 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 4,918,300.00 (81,700.00) 0.800 0.47 174 1.19% Ma AA+ 4360 _ 3130AQT94 FHLB 1.600 08/28/2025 Federal Home Loan Bank 03/03/2022 03/04/2022 4,575,000.00 4,569,524.78 4,507,244.25 (62,280.53)~ 1.816 0.56 208 1.09% Ma AA+ 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 4,891,650.00 (108,350.00) 0.700 0.61 227 1.19% Ma AA+ 4318 3135GA2Z3 FNMA 0.560 11/17/2025 Fannie Mae 01/08/2021 01/11/2021 3,000,000.00 3,000,540.55 2,915,220.00 (85,320.55) 0.500 0.78 289 0.71% 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 4,999,04444 4,829,800.00 (169,244.44) 0.545 0.93 348 1.19% Aaa AA+ 4321 3130AKN85 FHLB 0.550 01/20/2026 Federal Home Loan Bank 01/14/2021 01/20/2021 5,000,000.00 4,999,515.28 4,823,950.00 (175,565.28) 0.560 0.95 353 1.19% Aaa AA+ 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 4,822,100.00 (177,900.00) 0.500 0.97 361 1.19% Ma AA+ 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 4,816,150.00 (183,850.00) 0.800 1.06 396 1.19% Aaa AA+ __ 4328 _ 3130AMJN4,795,100.00 (204,900.00) 1.030 1.28 479 1.19%3 �_ FHLB _1.030 _ 05/26/2026 Federal Home Loan Bank 05/12/2021 05/26/2021 _ 5,000,000.00 5,000,000.00 Aaa AA+y 4335 3130AMFS6 FHLB 0.750 06/12/2026 Federal Home Loan Bank 06/16/2021 06/17/2021 5,000,0000000 4,991,793.87 4,769,950.00 (221,843.87) 0.873 1_33 496 1.19% Aaa �AA+ v_� 4388 -3130AVW57 FHLB _3.750 _ 06/12/2026_ _Federal Home Loan Bank 05/08/2023 05/09/2023 _3,000,000.00 _ _2,998,160.40 2,981,220.00 _ (16,940.40) 3.796 1.31 496 0.71% Ma AA+ _ ____4398__.. 3133EPNG6 FFCBB 4.375 06/23/2026 Federal Farm Credit Bank 06/22/2023 06/23/2023 3,000,000.00 2,999,372.50 3,013,680.00 14,307.50� 4.391 1.33� 507 0.71% Aaa_ AA+ AA+ 4347 3130AQ7E7 FHLB 1.500 06/30/2026 __Federal Home Loan Bank 12/14/2021 12/30/2021 5,00000000.00 _ 5,000,628.40 4,811,750.00 (188,878.40) 1.339 1.37 514 1.19% Aaa AA+ 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 4,966,300.00 (33,700.00) 3.750 1.41 534 1.19% Aaa AA+ 4356 3130AQS79 FHLB 2.250 08/07/2026 Federal Home Loan Bank 01/27/2022 02/07/2022 5,000,000.00 5,000,000.00 4,856,050.00 (143,950.00) 2.250 1.45 _552 1.19% Aaa AA+ 28 Report Run Date: Apr 14,2025 48 Reporting Period: Bond Holdings By Sector Report Portfolio:CITY 01/31/2025 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 Fitch ID Date _ Yield Duration Maturity- Portfolio Rating 'Rating Rating 4386 3133EPGT6 FFCB 3.875 04/26/2027 Federal Farm Credit Bank 04/21/2023 04/26/2023 5,000,000.00 4,996,785.59 4,961,500.00 (35,285.59) 3.906 2.09 814 1.19% 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 4,992,103.58 4,933,700,00 (58,403.58) 3.700 2.14 830 1.19% 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 4,930,600.00 (69,400.00) 3.630 2.20 853 1.19% Aaa AA+ 4396 3133EPMV4 FFCB 4.125 06/15/2027 Federal Farm Credit Bank 06/09/2023 06/15/2023 5,000,000.00 4,999,43660 4,985,400.00 (14,036.60) 4.130- 2.22 864 1.19% Aaa AA+ AA+ 4385 3134GYPF3 FHLMC 4.750 07/12/2027 Freddie Mac 04/21/2023 04/24/2023 3,300,000.00 3,297,127.17 3,294,357.00 (2,770.17) 4.791 1.14 891 0.78% 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 4,467,102.08 4,482,754.65 15,652.57 4.383 2.40 951 1.06% Aaa AA+ 4395 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/09/2023 06/13/2023 5,000,000.00 5,003,093.99 4,948,750.00 (54,343.99) 3.979 3.09 1,224 1.19% Aaa AA+ 4399 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/26/2023 06/27/2023 5,000,000.00 4,998,135.80 4,948,750.00 (49,385.80) 4.012 3.09 1,224 1.19% Aaa AA+ 4400 31422X5U2 FAMCA 5.100 08/07/2028 Farmer Mac 08/02/2023 08/07/2023 2,000,000.00 2,000,000.00 2,004,400.00 4,400.00 5.100 0.97 1,283 0.48% 4414 3130B1BCO FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/18/2024 07/19/2024 5,000,000.00 5,102,091.07 5,052,350.00 (49,741.07) 4.100 3.89 1,588 1.21% Aaa AA+ 4415 3130818C0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/24/2024 07/25/2024 5,000,000.00 5,089,836.57 5,052,350.00 (37,486.57) 4.162 3.89 1,588 1.21% Aaa AA+ __4422 31350AVN8 FNMA 4.330 07/09/2029 Fannie Mae 09/26/2024 10/09/2024 5,000,000.00 5,000,000.00 4,951,300.00 (48,700.00) 4.330 2.23 1,619 1.19% Aaa AA+ AA+ 4431 3136GA7A1 FNMA 4.710 07/13/2029 Fannie Mae 01/16/2025 01/23/2025 5,000,000.00 5,000,000.00 4,993,950.00 (6,050.00) 4.710 2.56 1,623 1.19% Aaa AA+ AA+ 20Mac0000 5,000,000.00 2.01 1.19% Aaa AA+ AA+ ,._ 44263134HAU43 FHLMC 4.625 ... 12/18/ 29 Freddie 12/18/2024 12/20/2024 5,0000 ._.._.._..._._.._. .._.. .__.._�._..W, _.._..-_..._.._.,._-_,_._�__.....-._..,v ..___.._4,996,600.00.�._,_.,_._._.....__.�3.400.00) 4.625 1,781��_..�..._......a_.__.._.__N_.... U.S.Agencies .. .160,980,000.00 161,078,789.34 158,678,855.40 -(2,399,933.94) 38.27% ` 4371 459200KS9 IBM 4.000 07/27/2025 IBM 08/09/2022 08/11/2022 6,000,000.00 6,005,200.75 5,989,440.00 (15,760.75) 3.810 0.47 176 1.43% A3 A- 4372 931142EW9 WMT 3.900 09/09/2025 Walmart 09/20/2022 09/22/2022 5,000,000.00 4,992,930.83 4,985,950.00 (6,980.83) 4.150 0.58 220 1.19% Aa2 AA AA 4382 717081DV2 PFE 2.750 06/03/2026 Pfizer Inc 01/13/2023 01/18/2023 5,000,000.00 4,913,835.06 .,. 4,893,650.00 (20,185.06). 4.142 1.29 487. 1.17% A2 A WD 4375 110122CN6 BMY 3.200 06/15/2026 Bristol-Myers Squibb.... 11/14/2022 11/16/2022 5,000,000.00 4,919,633.98 __. 4,920,600.00 966.02 4.480 1.30 499 1.17% A2 A 4390 931142EM1 WMT 3.050 07/08/2026 Walmart 05/11/2023 05/15/2023 4,257,000.00 4,216,828.80 4,183,992.45 (3283635) 3.752 1.37 522 1.00% Aa2 AA AA 4391 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/11/2023 05/15/2023 2,505,000.00 2,443,842.50 2,419,930.20 (23,912.30) 3.752 1.44 542 0.58% Al A+ WD 4404 037833DN7 AAPL 2.050 09/11/2026 Apple ......: 12/04/2023 12/06/2023 5000,00000 481026131 4,824,950.00 1468869 4.583 154 587 1145' Aaa AA+ 4407 713448DN5 PEP 2.375 10/06/2026 Pepsi 12/21/2023 12/26/2023 5,000,000.00 4,851,018.75 4,839,300.00 (1171875) 4.273 1.60 612 1.15% Al A+ WD 4428 24422EXR5 DE 4.900 06/11/2027 John Deere 01/03/2025 01/06/2025 5,000,000.00 5,048,571.43 5,046.250.00 (2,321.43) 4.460 2.19 860 1.20% Al A A+ 4417 437076DB5 HD .,."4.875 06/25/2027 Home Depot .,....,,,,, 08/22/2024.,,.,.08/23/2024..., 5,000,000.00 ...,.,..,. 5,088,276.21 .....,,..., 5,047,250.00 ..,(41026 21).... 4.061 2.19 874 1 21%.,._.....A2 A A _,... 4416 438516CX2 HON 4,650 07/30/2027 Honeywell 08/14/2024 08/15/2024 5,000,000.00 5,057,849.37 5,018,100.00 .(39,749,37) 4.137 230 909 120% A2 A A ,..,_ 4418 023135BC9 AMZN 3.150 08/22/2027 Amazon 08/22/2024,,...08/23/2024 5,000,000.00 4,893,730.77 .............. 4,848,150.00 .._...,(45,580.77) 4.040 2.36,,,.._.. 932........._ 1.16% Al AA AA- 4419 14913UAR1 CAT 4.400 10/15/2027 Caterpillar 09/09/2024 09/10/2024 5,000,000.00 5,065,078.92 4,984,200.00 (80,878.92). 3.886 2.49 986 1.20% A2 A A+ 4433 110122DE5 BMY 3,900 02/20/2028 Bristol-Myers Squibb 01/23/2025 01/24/2025 5,000,00000 4,901,22911 4,908,900,00 7670.89 4600 273 1114 1169' A2 A WD 4412 24422EX80 DE 4.950 07/14/2028 John Deere 03/25/2024 03/27/2024 5,000,000.00 5,044,272.33 5,063,850.00 19,577,67 4.662 3.14 1,259 1,206 Al A A+ ' � Corporates 72,762,000.00 72,252,560.13 71,974,512.65 (278,047.48) 17.17% - Bond Holdings 382,742,000.00, 381,291,833.09 377,201,638.05 - (4,090,195,04)- 90.60% 29 Report Run Date: Apr 14,2025 49 � 01.I N6 Statement of Cash Receipts and Disbursements and l .. 85 ��4 Summary of Cash by Fund %V �''oQ City Treasurer's Office firdUIVTY V:\. t January 2025 Cash Receipts and Disbursements January 2024 December 2024 January 2025 Receipts General Fund Property Tax $ 19,158,531 $ 21,433,013 $ 22,503,768 Local Sales Tax 3,385,565 3,902,573 3,278,378 Public Safety Sales Tax 241,753 282,770 477,343 Transient Occupancy Tax(TOT) 1,031,836 953,287 761,373 Utility Users Tax(UUT) 1,854,414 632,281 1,872,992 Other Revenue 5,055,037 5,699,051 11,741,544 Total General Fund Revenue 30,727,136 32,902,974 40,635,397 Total All Other Funds Revenue 20,986,315 21,008,154 19,642,309 Total Receipts $ 51,713,451 $ 53,911,128 $ 60,277,707 Disbursements General Fund Personnel Services (12,176,399) (12,903,173) (12,155,866) Operating Expenses (4,845,543) (3,807,718) (4,091,337) Capital Expenditures - - - Non-Operating Expenses (201,186) (302,936) (197,654) Total General Fund Disbursements ' (17,223,128) (17,013,827) (16,444,857) Total All Other Funds Disbursements (23,888,352) (17,034,933) (27,875,449) Total Disbursements (41,111,480) (34,048,761) (44,320,305) Net Change in Cash Flow $ 10,601,970 $ 19,862,367 $ 15,957,401 Summary of Cash by Fund January 2024 December 2024 January 2025 General Fund $ 83,851,956 $ 106,715,947 $ 130,906,488 General Fund Other 5,361,116 2,565,830 2,603,591 Capital Projects Funds 67,553,371 48,713,556 47,663,293 Debt Service Funds 29,577,241 38,073,970 38,980,163 Enterprise Funds 81,583,428 90,039,255 82,717,330 Trust and Agency Funds 3,362,860 13,242,899 12,443,044 Internal Service Funds 52,107,813 49,040,772 47,222,538 Special Revenue Funds 50,053,181 52,608,115 54,421,300 General Ledger Cash Balances * $ 373,450,966 $ 401,000,344 $ 416,957,745 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. 30 50 ,L�//'/�''/'.,�.. W CclNGQuarterly I y D •. �,e5 p R P 0 RAT- �-0 Investment. \ __ __ , , Report; � �___ _ 0 S r,, c..-- - '- . SP Sr' c rya - • • Alisa Backstrom , MBA, CCMT, CPFIM 17, 190��•,,• 0 Elected City Treasurer ••••••• il 1441 Quarter Ended : March 31 , 2025 C N TN i ,r 51 law � IN VW � T . 0* NI\Ilkk �•1•i p R P 0 R ����� � • A RFD %�T \ç/ City ____ ____ _ -r �_. . fission and . •_ , 77 1901 ,0* 0 P . ...., boa Goal '..,...••• \ / IP TN...._ 52 Mission : Preservation and Return Investmentsof + Portfolio overned by : g • CA Government Code Sections 53600 et seq • City's Investment Policy ✓ Certified by CA Municipal Treasurers Assoc. aNQo2,op �; ✓ Reviewed and adopted annually annt-- z C ' ' 'OUNTY `i'l 53 Goal : Hold Legal & Suitable Investments to meet objectives of: ❖ Safety of Principal ❖ Adequate Liquidity ❖ Market Rate of Return through �A budgetary/economic cycles ', �` � 41111P- L � ININGi► • 0* Ilk or—I lb% \ • i F� % < _ mok • _ •• ,, ,, /744,i'mpf,,,,,(,, • • c, \ Portfolio o„ ,,,,,, , ,, .i„,„,,„ ,, ,,, • 4 _�_ ,,,,,,_ -- _ • . Overview as of 0 0 3/3 1 /25 _ _, . _ . ,.• 4,4 • .- ,4 \. • ,..• . - •ii / 7, 1 9 t)( 1 oe___...-4 . _.,,,,, , • 4 -- v."4,1 t 0 4 NTH 55 INVESTMENT PORTFOLIO - SUMMARY QUARTER END 03/3 , .,,,1 /25 Investment' Typeit .n milli- Boo C Value Marl f value U.S. Agencies $ 151.1 $ 149.7 U.S.Treasuries: : 88.4 .2 corporate Bonds $ 72.3 $ 72.3 CAMP Investment Pool $ 3 .7 $ 30.7. Supranationa! Bonds $ 54.6 $ 54.7 Cash/ Money'Market $ 15.0 $ 15.0 _ ,, -- __ CAMP TERM $ 5.0 5.0 ,/��,� TINgT� (��������gcoxrneaiFo ���• ��\ 1 .-cOONTV v ii�l 56 INVESTMENT PORTFOLIOSECTOR BY - 1 03/3 /25 0/0 R END 70/0,_ 1 4% 7 / QUARTER END 13Y0 / 21% • . ,_,..i.. 36Yo • . • .. ,„,'tir4V,':.:54407*.41-Ny?:4$4,t3'°_ ' 7 :7 7:. ,..-:7,L'4. , • .1 . 5.,•.r.ketrr.,..,`", ,- +t,tt....rttte„-rt'i',77:744tAt't!,f,7,74%,t,'"tr,"'.1',r:'.4.......... .,,,,./t.,,,,,,,,,-; , 4 0,_,.,„;., ,v„' ,.'.,,;•:,".::::.,J.,.,,...,:''.,,,t,..:;,,'t.,:44.,:4,..",,,,,-.',''''..; :::,,„;."., ,..v.':,'4:1'', ',.,..'..,''C..,!'„,'7: 7..A7r,:r 4.'.;'77-tt-tr.t.t.Ctetra.r. !4 .., 9 P '3'*f4:;5';::-rQt:''';444t:,;'!4,',: :i-4nle041V1..'ttr*:ir:VIT,, ,n444/:4i,1-1-'4.1,,-4:-:-,;;:*14:',':':::--:-=,,---'-''.•;,44*ii4it:f4::_,%gel,k3 .i If '-'4-1'4'i-..-•''';4:''. 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IINGio -- / N ,,,,..,4,1c:.-:,,,,,•.....,7'.;17'4,'4,,,litv:7,s',-;;;,,v,.-....r., -,,,,,,t.,.4.::,11,1 L.4-14;47,.A11. „,..zA,-,..„.„.„=„A.,-4.—i.,-.:,m _ .,.,,,,-, :„,-.::,--.„-,,,, ,, '',-.:4,f.... -..,;..4:?.;:ia ,i\ ..... vo, al,i,4 4.4,:1 444,v"',4,4444-,•-4 -,4-4,44,1: •,;.4`4,- 4,444`4,;4!--,4,., . ,)t4,;,4:144.,*51'.'444,.`4'-;',t4-z,:44,,4,v,„,:,4,74,_4 ,:, ,.,,,=,0, ',,,,:;:',",, ,:,4:1;9g„,.?k,„•:,.' ,0 C .....--',.T"'L': •.'Sj7, , i''4V- ''''','::',-,Ani4151f0:i-triSr,''n''',,-7.4.1:', .,, '''',k-Ole,1?,',V,'/A;-, ,,"::,,,,7,,T,..4. --;N;P;.:i1-'';',','` ',,,,:LL,..:L•'-'-' ,-,- 41--'',4 Bonds ,<_..,, ., _ .....:, ....•........, Corporate Corp ,--- O•‹ ,'0 El •,V,:::,..72.,v,A,„\%i° ....,F*Irf).,:::41.,:.?"'-'•'•-- .„. ies -............ c El U.S. Treasur • CAMP Market U.S. Agencies / Money Ei Cash atio • 'nals Supran .„, 111 CAMP Term 57 INVESTMENT PORTFOLIO - BY MATURITY QUARTER END 03/31 /25 I , Maturity Distribution Cash , erk," ' '' j 11.0 5 0-1 Years V f t r .%11 "x ' l" - � 25.0`,5 1-2 Yea rs , - r - ',, f '',A- 17.5 2.3 Years '° .1: g s . *yWil 22.2;5 3-4 Years : " 12.4% s WAM: 1.78 Years i<,$�NTINGr�2 `` 5 Years r�S 9 ^e117 11_ 9713 i i'� p�ORPOtiAJry" \�� a` F !moo_.""' 2,1 0.0 5.0 10.04 15.0% 20.05 25.0 30.0 ‘�%.,: '" • 's11 coUNTV C,',1 58 INVESTMENT PORTFOLIO - ACTIVITY QUARTER END 03/31 /25 $ in millions Transaction Type: Security Type Purchase Maturity/Sale U.S. Agencies $5,000 $10,000 U.S. Treasuries $20,000 $0 Corporate Bonds $10,000 $0 Supranationals $5,000 $0 . _ -- , � TiNcroN TOTALS: $ $10,000� �� .a \NGUpP7 .•��� .0 ;n � UNTY?;\;# 59 INVESTMENT PORTFOLIO - EARNINGS AS OF 03/31 /25 Current Month. • $1 ,177,209 Up 39% Fiscal year-to-date: • $9,285,186 Up 30% Portfolio Book Yield• • 3.38% __ ,����NTINGTD> "CoeeaeA"P Net Effective Annual Return: ,� -`�-- -•__ .. ......... • 3■18 /0 = 0uNT„ , 60 INVESTMENT PORTFOLIO - SELECTED COMPLIANCE r� MAXIMUM � SPECIFIED % OF INVESTMENT MAXIMUM =MINIMUM QUALITY IN Pt RTF LIO/ . :TYPE = :F MATURITY REQUIREMENTS COMPLIANCE? a MAXIMUM PER:. ISSUER �, U.S. Treasuries 5 years None None YES ''in U.S.Agertci®s 5 years Nona None Supranationals 5 years 30% "AA" Rating Category Corporate Bonds 5 years 30%110% "A" Rating Category 1 YES 111 Money Market 60 days 16°1010°l� "AAA" Rating Mutual Funds Category YES ,,it'NtIN6r {C jjj �' A Asset +,�O�(��N�gAPORAlFO .� Management N/A Up to $75,000,000 None %-III Program (CAMP) YES ;•_ \���6F�f.71 no'-•,c��0�' Maximum Maturities No more than 50°/a of portfolio maturing over 4 years. YES�� -nU"tv ,, 61 C N co O • vimi (113 . 000 000 00 0 000 00000011 •• • 000 •. • ••• ••• • • • • • • ••• • • • • E " W • • ••• ••• •. .. .. .... L . ..• ... •• • . •.• . . ••. . • • ••••..• • • • • • • • .. .. . •• • . •. . . . .. . .•.....Os... • •.• . . : .. 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