HomeMy WebLinkAboutAgenda Report - September 2, 2020 C-03AGENDA ITEM c-5
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AGENDA TITLE:
MEETING DATE:
PREPARED BY
Accept the Quarterly lnvestment Report as Required by the City of Lodi lnvestment
Policy
September 2,2020
Deputy City Manager
RECOMMENDED ACTION Accept the quarterly investment report as required by the City of Lodi
lnvestment Policy.
BACKGROUND INFORMATION: Government Code Section 53646 prescribes suggested investment
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the Treasurer to submit a quarterly investment reporting in accordance with Section 53646. The attached
Treasurer's Report for the quarter ending June 30, 2020 is in compliance with the State's reporting
recommendations and the City of Lodi's lnvestment Policy and lnternal Control Guidelines.
The investment report, investment policy and historical investment reports can be accessed on the City
website by following this link: http://www.lodi.qov/1 96/Finance
FISCAL IMPACT:Not applicable
FUNDING AVAILABLE: As per attached report.
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Andrew Keys
Treasurer
Attachment
GffiSteveìfhwåbìlcr (Aug 17,2O2O 11:17 PDllAPPROVED:
Stephen Schwabauer, City Manager
CITY OF LODI
SUMMARY OF CASH AND INVESTED FUNDS
FOR THE QUARTER ENDED JUNE 30, 2020
TYPE OF INVESTMENT Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio
Cash and Equivalents
Farmers & Merchants Bank Main *Due on Demand 4,551,709 4,551,709 3.29%
Farmers & Merchants Bank Payroll *Due on Demand 1,044,703 1,044,703 0.75%
Local Agency Investment Fund Due on Demand 34,445,501 34,445,501 24.87%
Farmer's & Merchants Bank Money Market *Due on Demand 4,635,248 4,635,248 3.35%
Wells Fargo Bank Money Market *Due on Demand 6,636,209 6,636,209 4.79%
Total Demand Deposit Accounts 51,313,370 51,313,370 37.05%
Bond Mutual Fund Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio
CAL TRUST Medium Term Fund Due on Demand 10,482,466 10,482,466 7.57%
Total Bond Mutual Funds 10,482,466 10,482,466 7.57%
Local Bank Certificates of Deposit Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio
Farmers & Merchants Bank 1.00%11/7/2021 2,000,000 2,000,000 2,000,000 1.44%
BBVA Compass 2.50%3/13/2021 249,995 249,995 249,995 0.18%
Total Local Bank Certificates of Deposit 2,249,995 2,249,995 2,249,995 1.62%
Negotiable Certificates of Deposit Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio
BRIDGEWATER BANK BLOOMINGTON MINNESOTA 2.20%8/17/2020 250,000 250,000 250,684 0.18%
BELMONT SAVINGS BANK INTEREST 1.95%11/23/2020 250,000 250,000 251,813 0.18%
TIAA FSB INTEREST BEARING 1.95%11/23/2020 250,000 250,000 251,850 0.18%
ALLY BANK INTEREST BANKING 2.05%11/24/2020 250,000 250,000 251,965 0.18%
BERKSHIRE BANK PITTSFIELD 1.85%11/24/2020 250,000 250,000 251,761 0.18%
NEBRASKALAND NATIONAL BANK 1.85%11/27/2020 250,000 250,000 251,761 0.18%
MB FINANCIAL BANK NA 2.00%11/17/2021 250,000 250,000 256,269 0.19%
MERRICK BANK 2.10%11/17/2021 250,000 250,000 256,613 0.19%
DISCOVER BANK 2.15%11/22/2021 250,000 250,000 256,889 0.19%
THIRD FEDERAL SAVINGS & LOAN CLEVELAND 2.10%11/24/2021 250,000 250,000 256,740 0.19%
BMW BANK NORTH AMERICA 2.20%11/29/2021 250,000 250,000 257,158 0.19%
ENERBANK USA 2.55%1/18/2022 250,000 250,000 259,130 0.19%
HORIZON BANK NATION ASSN 2.85%5/4/2022 250,000 250,000 262,169 0.19%
CITI BANK 1.95%8/23/2022 250,000 250,000 259,213 0.19%
CAPITAL ONE BANK USA NA 2.40%11/22/2022 250,000 250,000 262,815 0.19%
CAPITAL ONE NA 2.40%11/22/2022 250,000 250,000 262,815 0.19%
GOLDMAN SACHS BANK USA 2.40%11/22/2022 250,000 250,000 262,815 0.19%
WELLS FARGO BANK NA 2.40%11/22/2022 250,000 250,000 262,778 0.19%
AMERICAN EXPRESS BANK FSB 2.50%12/5/2022 250,000 246,699 262,651 0.19%
SYNCHRONY BANK 2.60%1/19/2023 250,000 250,000 264,767 0.19%
SALLIE MAE BANK/SALT LAKE CITY, UTAH 2.65%1/24/2023 250,000 250,000 265,157 0.19%
STATE BANK OF INDIA 2.70%2/16/2023 250,000 250,000 265,812 0.19%
MEDALLION BANK UTAH 2.90%4/10/2023 250,000 250,000 267,994 0.19%
STIFEL BANK AND TRUST 2.95%5/15/2023 250,000 250,000 268,874 0.19%
CITIBANK NA 3.25%6/6/2023 250,000 250,000 271,440 0.20%
INDUSTRIAL & COM BK CHNA 3.30%6/30/2023 250,000 250,000 272,214 0.20%
COMENITY CAPITAL BANK 3.30%7/16/2023 250,000 250,000 272,475 0.20%
UBS BANK 3.35%10/5/2023 250,000 250,000 274,242 0.20%
BARCLAYS BANK/DELAWARE 3.35%10/10/2023 250,000 250,000 274,351 0.20%
HSBC BANK 3.50%10/31/2023 250,000 250,000 252,747 0.18%
BANK OF BARODA 3.55%11/30/2023 250,000 250,000 276,929 0.20%
MCHENRY SAVINGS BK IL 2.80%3/14/2024 250,000 250,000 271,883 0.20%
MORGAN STANLEY BANK 1.95%11/29/2024 250,000 250,000 265,263 0.19%
MORGAN STANLEY PRIVATE BANK 1.90%11/29/2024 250,000 250,000 264,718 0.19%
CELTIC BANK 1.70%3/13/2025 250,000 250,000 252,791 0.18%
Total Negotiable Certificates of Deposit 8,750,000 8,746,699 9,169,544 6.62%
Agency Securities
FEDERAL FARM CREDIT BANK SYSTEM 1.55%7/27/2020 500,000 492,355 500,651 0.36%
FEDERAL FARM CREDIT BANK SYSTEM 2.84%9/17/2020 250,000 251,200 251,678 0.18%
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.50%10/22/2020 205,000 199,527 205,842 0.15%
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.70%11/13/2020 250,000 244,468 251,391 0.18%
FEDERAL HOME LOAN BANK 5.25%12/11/2020 250,000 266,094 255,669 0.18%
FEDERAL AGRICULTURE MORTGAGE CORPORATION 2.35%2/22/2021 250,000 247,195 253,513 0.18%
FEDERAL HOME LOAN BANK 2.38%3/12/2021 250,000 247,737 253,810 0.18%
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.75%4/9/2021 250,000 242,978 252,988 0.18%
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.25%5/6/2021 250,000 240,040 252,250 0.18%
CITY OF LODI
SUMMARY OF CASH AND INVESTED FUNDS
FOR THE QUARTER ENDED JUNE 30, 2020
TYPE OF INVESTMENT Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.25%8/17/2021 250,000 238,514 252,980 0.18%
Agency Securities Cont'd
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.00%9/28/2021 250,000 244,105 255,626 0.18%
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.38%10/7/2021 250,000 238,923 253,745 0.18%
FEDERAL HOME LOAN BANK 2.63%12/10/2021 250,000 248,755 258,590 0.19%
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.00%1/5/2022 250,000 243,235 256,851 0.19%
FEDERAL HOME LOAN BANK 2.63%3/11/2022 250,000 248,853 259,718 0.19%
FEDERAL HOME LOAN BANK 2.62%5/27/2022 250,000 249,465 261,164 0.19%
FEDERAL FARM CREDIT BANK SYSTEM 1.88%6/1/2022 250,000 242,059 257,741 0.19%
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.00%8/26/2022 250,000 242,734 259,325 0.19%
FEDERAL HOME LOAN BANK 3.13%9/9/2022 250,000 254,254 265,690 0.19%
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.38%1/19/2023 250,000 246,300 264,106 0.19%
FEDERAL FARM CREDIT BANK SYSTEM 2.65%3/8/2023 250,000 249,325 265,731 0.19%
FEDERAL FARM CREDIT BANK SYSTEM 2.70%4/11/2023 250,000 249,500 266,576 0.19%
FEDERAL HOME LOAN BANK 2.85%5/8/2023 250,000 250,174 268,442 0.19%
FEDERAL AGRICULTURE MORTGAGE CORPORATION 2.90%7/24/2023 250,000 249,160 269,442 0.19%
FEDERAL HOME LOAN MORTGAGE CORPORATION 2.05%7/29/2024 500,000 500,000 500,617 0.36%
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.83%11/13/2024 300,000 300,000 300,405 0.22%
FEDERAL HOME LOAN BANK 2.00%1/13/2025 500,000 500,000 500,240 0.36%
FEDERAL HOME LOAN MORTGAGE CORPORATION 2.02%1/13/2025 500,000 500,000 500,257 0.36%
FEDERAL HOME LOAN BANK 1.88%2/4/2025 300,000 300,000 300,370 0.22%
FEDERAL FARM CREDIT BANK SYSTEM 1.13%3/17/2025 500,000 500,000 501,162 0.36%
FARMER MAC**1.35%4/1/2025 1,000,000 1,000,000 1,000,371 0.72%
Total Agency Securities 9,805,000 9,726,947 9,996,942 7.22%
US Treasury Notes Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio
UNITED STATES TREASURY 2.63%7/31/2020 250,000 249,029 250,505 0.18%
UNITED STATES TREASURY 2.63%8/31/2020 250,000 248,942 251,012 0.18%
UNITED STATES TREASURY 2.63%11/15/2020 250,000 248,868 252,246 0.18%
UNITED STATES TREASURY 2.38%12/31/2020 250,000 247,420 252,695 0.18%
UNITED STATES TREASURY 1.38%1/31/2021 250,000 241,844 251,719 0.18%
UNITED STATES TREASURY 1.13%2/28/2021 250,000 239,815 251,533 0.18%
UNITED STATES TREASURY 1.25%3/31/2021 250,000 240,368 252,012 0.18%
UNITED STATES TREASURY 1.38%4/30/2021 250,000 240,904 252,461 0.18%
UNITED STATES TREASURY 1.38%5/31/2021 250,000 240,547 252,734 0.18%
UNITED STATES TREASURY 1.13%6/30/2021 250,000 238,335 252,354 0.18%
UNITED STATES TREASURY 1.13%7/31/2021 250,000 237,921 252,578 0.18%
UNITED STATES TREASURY 2.00%8/31/2021 250,000 244,513 255,303 0.18%
UNITED STATES TREASURY 1.13%9/30/2021 250,000 237,186 252,969 0.18%
UNITED STATES TREASURY 2.00%10/31/2021 250,000 244,134 256,094 0.18%
UNITED STATES TREASURY 2.00%12/31/2021 400,000 394,512 410,906 0.30%
UNITED STATES TREASURY 1.50%1/31/2022 250,000 240,139 255,205 0.18%
UNITED STATES TREASURY 1.88%2/28/2022 250,000 243,370 257,051 0.19%
UNITED STATES TREASURY 1.88%3/31/2022 250,000 243,143 257,412 0.19%
UNITED STATES TREASURY 1.75%5/31/2022 250,000 242,223 257,529 0.19%
UNITED STATES TREASURY 1.75%6/30/2022 250,000 242,065 257,871 0.19%
UNITED STATES TREASURY 1.88%7/31/2022 250,000 243,028 258,867 0.19%
UNITED STATES TREASURY 1.63%8/31/2022 250,000 240,313 257,852 0.19%
UNITED STATES TREASURY 1.88%9/30/2022 250,000 242,668 259,570 0.19%
UNITED STATES TREASURY 2.00%10/31/2022 250,000 243,745 260,625 0.19%
UNITED STATES TREASURY 2.00%11/30/2022 250,000 243,603 261,006 0.19%
UNITED STATES TREASURY 2.13%12/31/2022 250,000 244,688 262,178 0.19%
UNITED STATES TREASURY 1.50%2/28/2023 250,000 237,063 258,809 0.19%
UNITED STATES TREASURY 1.50%3/31/2023 250,000 236,790 259,092 0.19%
UNITED STATES TREASURY 1.63%4/30/2023 250,000 238,225 260,195 0.19%
UNITED STATES TREASURY 1.63%5/31/2023 250,000 236,525 260,527 0.19%
UNITED STATES TREASURY 2.63%6/30/2023 250,000 247,329 268,262 0.19%
UNITED STATES TREASURY 1.25%7/31/2023 250,000 231,621 258,232 0.19%
Total US Treasury Notes 8,150,000 7,890,871 8,357,404 6.03%
Corporate Securities Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio
AMAZON.COM INC 1.90%8/21/2020 300,000 298,653 300,715 0.22%
HSBC BANK USA NA 4.88%8/24/2020 250,000 256,818 251,585 0.18%
AUTOMATIC DATA PROCESSING 2.25%9/15/2020 300,000 297,516 300,662 0.22%
BANK OF AMERICA CORP 2.63%10/19/2020 500,000 503,172 503,398 0.36%
CITY OF LODI
SUMMARY OF CASH AND INVESTED FUNDS
FOR THE QUARTER ENDED JUNE 30, 2020
TYPE OF INVESTMENT Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio
COCA-COLA COMPANY 2.45%11/1/2020 250,000 248,290 251,751 0.18%
WELLS FARGO & COMPANY 2.55%12/7/2020 200,000 199,591 201,853 0.15%
WELLS FARGO BANK NA 2.60%1/15/2021 250,000 246,540 253,023 0.18%
Corporate Securities Cont'd
MICROSOFT CORP 4.00%2/8/2021 100,000 104,600 102,291 0.07%
CISCO SYSTEMS INC 2.20%2/28/2021 150,000 147,659 151,830 0.11%
EXXON MOBIL CORPORATION 2.22%3/1/2021 150,000 147,915 151,724 0.11%
BERKSHIRE HATHAWAY INC 2.20%3/15/2021 100,000 99,297 101,199 0.07%
PNC BANK NA 2.15%4/29/2021 500,000 495,965 506,552 0.37%
ALPHABET INC 3.63%5/19/2021 100,000 104,000 102,882 0.07%
DETROIT EDISON CO 3.90%6/1/2021 375,000 385,585 383,202 0.28%
TOTAL CAPITAL INTERNATIONAL SA 2.75%6/19/2021 250,000 248,075 255,698 0.18%
AMERICAN HONDA FINANCE 1.65%7/12/2021 250,000 239,433 252,814 0.18%
WELLS FARGO BANK NA 3.33%7/23/2021 750,000 748,343 751,221 0.54%
APPLE INC 1.55%8/4/2021 500,000 485,396 507,342 0.37%
MIZUHO FINANCIAL CORPORATION 2.27%9/13/2021 250,000 240,903 255,002 0.18%
BOEING COMPANY 2.35%10/30/2021 250,000 245,363 253,135 0.18%
PFIZER INC 2.20%12/15/2021 200,000 198,284 204,954 0.15%
TOYOTA MOTOR CREDIT CORP 2.60%1/11/2022 250,000 246,665 257,718 0.19%
PACIFICORP 2.95%2/1/2022 250,000 249,816 258,674 0.19%
JOHNSON & JOHNSON 2.25%3/3/2022 250,000 245,167 257,664 0.19%
WELLS FARGO & COMPANY 3.50%3/8/2022 400,000 400,000 418,964 0.30%
TD AMERITRADE HOLDING COMPANY 2.95%4/1/2022 250,000 247,243 260,094 0.19%
ORACLE CORP 2.50%5/15/2022 100,000 99,204 103,398 0.07%
UNITED PARCEL SERVICE 2.35%5/16/2022 100,000 98,749 103,426 0.07%
DEERE & COMPANY 2.60%6/8/2022 100,000 99,153 103,811 0.07%
3M COMPANY 2.00%6/26/2022 150,000 144,485 154,717 0.11%
TOYOTA MOTOR CREDIT CORPORATION 2.80%7/13/2022 250,000 246,950 260,781 0.19%
PROCTER & GAMBLE COMPANY 2.15%8/11/2022 250,000 243,146 259,529 0.19%
MERCK & CO INC 2.40%9/15/2022 100,000 98,701 104,093 0.08%
JPMORGAN CHASE & CO 3.25%9/23/2022 100,000 101,377 105,596 0.08%
GENERAL ELECTRIC CO 2.70%10/9/2022 250,000 242,535 259,761 0.19%
MICROSOFT CORP 2.65%11/3/2022 250,000 250,000 262,881 0.19%
AUSTRALIA & NEW ZEALAND BANKING GROUP NY 2.63%11/9/2022 250,000 243,450 262,807 0.19%
VISA INC 2.80%12/14/2022 250,000 247,518 264,023 0.19%
JPMORGAN CHASE & CO 2.97%1/15/2023 150,000 147,503 155,320 0.11%
BANK OF NEW YORK MELLON CORP 2.95%1/29/2023 100,000 100,069 106,325 0.08%
WELLS FARGO NATIONAL BANK WEST 1.90%1/30/2023 250,000 250,000 260,437 0.19%
WELLS FARGO & COMPANY 3.45%2/13/2023 150,000 152,147 159,223 0.11%
UNITED HEALTH GROUP INC 2.75%2/15/2023 100,000 99,143 105,421 0.08%
EXXON MOBIL CORPORATION 2.73%3/1/2023 250,000 247,040 263,006 0.19%
WALMART INC 2.55%4/11/2023 250,000 244,525 263,747 0.19%
APPLE INC 2.40%5/3/2023 250,000 240,887 264,268 0.19%
SOUTHERN CALIFORNIA EDISON 3.40%6/1/2023 254,000 252,849 271,332 0.20%
CHEVRON CORPORATION 3.19%6/24/2023 250,000 249,295 267,874 0.19%
NEW YORK UNIVERSITY 2.72%7/1/2023 230,000 230,000 236,591 0.17%
ORACLE CORP 3.63%7/15/2023 250,000 253,415 272,368 0.20%
IBM CORP 3.38%8/1/2023 500,000 492,500 541,602 0.39%
SHELL INTERNATIONAL FIN 3.40%8/12/2023 250,000 252,275 269,726 0.19%
GILEAD SCIENCES INC 2.50%9/1/2023 260,000 249,886 275,221 0.20%
PROV ST JOSEPH HEALTH OBL 4.38%10/1/2023 315,000 315,000 347,854 0.25%
PRES & FELLOWS OF HARVAR 2.60%10/1/2023 300,000 300,000 315,490 0.23%
TOYOTA MOTOR CREDIT CORP 2.25%10/18/2023 250,000 235,228 261,767 0.19%
COCA-COLA CO 3.20%11/1/2023 238,000 235,651 259,101 0.19%
NATIONAL RURAL UTIL COOP 3.40%11/15/2023 300,000 297,885 326,125 0.24%
ALABAMA POWER CO 3.55%12/1/2023 250,000 249,873 272,413 0.20%
TOYOTA MOTOR CREDIT CORP 3.35%1/8/2024 400,000 399,358 433,443 0.31%
JOHN DEERE CAPITAL CORP 3.45%1/10/2024 250,000 250,448 274,229 0.20%
BP CAP MARKETS AMERICA 3.79%2/6/2024 500,000 538,075 546,029 0.39%
3M COMPANY 3.25%2/14/2024 300,000 300,000 326,932 0.24%
BOEING CO 2.80%3/1/2024 250,000 248,917 253,611 0.18%
DETROIT EDISON CO 3.65%3/15/2024 300,000 300,000 328,099 0.24%
BANK OF AMERICA CORP 4.00%4/1/2024 250,000 263,445 277,502 0.20%
CATERILLAR FINANCIAL SERVICE 3.30%6/9/2024 500,000 500,000 550,035 0.40%
WALT DISNEY COMPANY 1.75%8/30/2024 500,000 500,000 518,220 0.37%
CITY OF LODI
SUMMARY OF CASH AND INVESTED FUNDS
FOR THE QUARTER ENDED JUNE 30, 2020
TYPE OF INVESTMENT Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio
WELLS FARGO & COMPANY 3.30%9/9/2024 500,000 500,000 821,664 0.59%
Corporate Securities Cont'd
AMERICAN HONDA FINANCE 2.15%9/10/2024 500,000 500,000 522,344 0.38%
SHELL INTERNATIONAL FIN 2.00%11/7/2024 500,000 500,000 523,391 0.38%
CATERILLAR FINANCIAL SERVICE 3.25%12/1/2024 500,000 500,000 553,839 0.40%
JP MORGAN CHASE FINANCIAL STEP 2.15%1/31/2025 1,000,000 1,000,000 988,064 0.71%
TOYOTA MOTOR CREDIT CORP 1.80%2/13/2025 300,000 300,000 310,959 0.22%
WESTPAC BANKING CORP 2.35%2/19/2025 500,000 500,000 530,725 0.38%
BANK OF AMERICA CORP STEP 2.05%2/28/2025 500,000 500,000 495,042 0.36%
Total Corporate Securities 22,222,000 22,140,969 23,490,105 16.96%
Municipal Securities Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio
AZUSA USD 4.00%7/1/2020 875,000 875,000 875,000 0.63%
LANCASTER CA REDEVELOPMENT AGENCY 2.39%8/1/2020 235,000 236,203 235,261 0.17%
CONNECTICUT ST GENERAL OBLIGATION 2.50%8/1/2020 265,000 262,448 265,371 0.19%
MARIN COUNTY 2.66%8/1/2020 500,000 500,000 500,805 0.36%
SANTA CLARA CO-B 5.00%8/1/2020 500,000 500,000 501,950 0.36%
MT SAN ANTONIO CCD 1.94%8/1/2020 400,000 400,000 418,664 0.30%
OAKLEY CA REDEVELOPMENT AGENCY 2.85%9/1/2020 145,000 147,120 145,402 0.10%
SCOTTS VALLEY CA REDEVELOPMENT AGENCY 2.25%9/1/2020 150,000 150,111 150,261 0.11%
SANTA FE SPRINGS CA COMMUNITY DEVELOPMENT 1.63%9/1/2020 235,000 228,133 234,831 0.17%
PALM DESERT CA REDEVELOPMENT AGENCY 2.25%10/1/2020 250,000 247,823 250,205 0.18%
TEXAS ST PUBLIC FINANCE AUTHORITY 3.53%10/1/2020 350,000 358,351 352,401 0.25%
CALIFORNIA ST - VARIOUS 5.00%12/1/2020 200,000 200,000 203,978 0.15%
CONNECTICUT-A-TXBL 2.54%3/15/2021 175,000 175,000 177,140 0.13%
CALIFORNIA STATE HIGH SPEED RAIL 2.63%4/1/2021 500,000 501,060 507,715 0.37%
UNIVERSITY OF CALIFORNIA 3.24%5/15/2021 150,000 152,684 153,431 0.11%
UNIVERSITY OF CALIFORNIA CA REVENUES 1.79%5/15/2021 250,000 244,733 252,583 0.18%
BURBANK-GLENDALE-PASADENA AIPORT AUTHORITY 4.13%7/1/2021 90,000 94,323 92,070 0.07%
MT DIABLO SD-REF-B 5.00%7/1/2021 600,000 600,000 628,494 0.45%
LA MIRADA CA REDEVELOPMENT 2.91%8/15/2021 250,000 253,195 254,090 0.18%
YUBA LEVEE FINANCING AUTHORITY 2.86%9/1/2021 250,000 252,980 255,000 0.18%
SAN DIEGO CA REDEVELOPMENT AGENCY 2.25%9/1/2021 250,000 246,163 254,353 0.18%
ROSEVILLE FINANCE AUTHORITY - ELECTRIC SYSTEM 2.41%2/1/2022 250,000 246,915 254,840 0.18%
POMONA REDEV AGY-REF 3.55%2/1/2022 275,000 283,441 283,605 0.20%
CA ST-TXBL 6.65%3/1/2022 640,000 716,619 684,678 0.49%
STATE OF MARYLAND 2.65%3/15/2022 300,000 300,480 308,022 0.22%
CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 2.46%4/1/2022 250,000 246,270 254,278 0.18%
CALIFORNIA ST-A-TXBL 2.37%4/1/2022 500,000 502,362 515,145 0.37%
SACRAMENTO CA PUBLIC 3.79%4/1/2022 175,000 175,000 182,074 0.13%
CALIFORNIA STATE DEPT OF WATER RESOURCES 2.00%5/1/2022 300,000 291,678 307,734 0.22%
UNIV OF CALIFORNIA-BC 2.61%5/15/2022 250,000 250,000 258,973 0.19%
FAIRFIELD-REF-TXBL 3.25%6/1/2022 150,000 150,000 155,241 0.11%
TULARE COUNTY CA PENSION OBLIGATION 3.20%6/1/2022 250,000 250,245 257,340 0.19%
ARKANSAS ST AMENDMENT 82 2.84%7/1/2022 100,000 100,499 103,732 0.07%
ADELANTO PUBLIC UTILITIES 3.50%7/1/2022 240,000 246,936 249,919 0.18%
ORANGE COUNTY CA WATER DIST 1.83%8/15/2022 125,000 125,000 127,120 0.09%
OCEANSIDE CA PENSION OBLIGATION 3.84%8/15/2022 200,000 209,604 210,550 0.15%
VISTA CA REDEVELOPMENT 3.00%9/1/2022 120,000 120,960 124,920 0.09%
SAN BERNARDINO COUNTY REDEVELOPMENT 3.25%9/1/2022 160,000 161,840 165,322 0.12%
SAN LEANDRO CA REDEVELOPMENT AGENCY 3.21%9/1/2022 260,000 260,887 271,367 0.20%
SAN FRANCISCO CITY & COUNTY CA 2.40%11/1/2022 445,000 437,052 463,601 0.33%
CALIFORNIA DEPARTMENT OF WATER RESOURCES 2.52%12/1/2022 75,000 75,000 77,502 0.06%
CARSON CA REDEVELOPMENT 3.00%2/1/2023 80,000 81,000 82,702 0.06%
CALIFORNIA HOUSING FINANCE AGENCY 2.88%2/1/2023 200,000 443,770 470,178 0.34%
GEORGIA ST GENERAL OBLIGATION 2.23%2/1/2023 310,000 299,559 318,906 0.23%
FRESNO FING-B REF 3.18%4/1/2023 285,000 282,230 298,133 0.22%
OHIO ST THIRD FRONTIER RESEARCH 2.11%5/1/2023 250,000 240,273 260,545 0.19%
RIVERSIDE CA PENSION OBLIGATION 2.63%6/1/2023 250,000 243,888 257,648 0.19%
SAN DIEGO TOBACCO SETTLEMENT 3.44%6/1/2023 500,000 500,745 528,110 0.38%
INDUSTRY-REF-TXBL 3.00%7/1/2023 500,000 506,070 500,690 0.36%
SOLANO COMMUNITY COLLEGE DT 2.06%8/1/2023 145,000 145,000 148,416 0.11%
CALIFORNIA VARIOUS PURPOSE 3.50%8/1/2023 305,000 310,481 330,708 0.24%
VISTA REDEV AGENCY-TXBL 3.00%9/1/2023 290,000 290,000 306,568 0.22%
CENTRAL CONTRA COSTA SANITATION DISTRICT 3.12%9/1/2023 415,000 417,283 440,784 0.32%
IRS Section 115 Retirement Benefit Trust Funds Market Value
Public Agency Retirement Services - Pension Stabilization Fund
Balanced Strategy Mutual Fund 16,607,021$
Total Pension Stabilization Fund 16,607,021$
CalPERS - California Employer's Retiree Benefit Trust (CERBT)
CERBT Strategy 2 2,004,378$
Total CERBT 2,004,378$
Total Section 115 Retirement Benefit Trust Funds 18,611,400$
Restricted Cash Accounts Market Value
PCE/TCE Central Plume Remediation Fund
Farmers & Merchants Bank Money Market 1,716,951$
Total PCE/TCE Central Plume Account 1,716,951$
Total Restriction Cash Accounts 1,716,951$