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Home My WebLink AboutAgenda Report - June 2, 2021 C-03AGENDAITEM C.3 r - CITY OF LODI COUNCIL COMMUNICATION TM AGENDA TITLE: Accept the Quarterly Investment Report as Required by the City of Lodi Investment Policy MEETING DATE: June 2, 2021 PREPARED BY: Deputy City Manager RECOMMENDED ACTION: Accept the quarterly investment report as required by the City of Lodi Investment Policy. BACKGROUND INFORMATION: Government Code Section 53646 prescribes suggested investment reporting requirements for California public agencies. The City Council adopted Resolution 2018-33 on March 7, 2018, requiring . the Treasurer to submit a quarterly investment reporting in accordance with Section 53646. The attached Treasurer's Report for the quarter ending March 31, 2021 is in compliance with the State's reporting recommendations and the City of Lodi's Investment Policy and Internal 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.gov/196/Finance FISCAL IMPACT: Not applicable. FUNDING AVAILABLE: As per attached report. Attachment APPROVED: 01,E x Andrew Keys Treasurer Stephen Schwabauer, City Manager TYPE OF INVESTMENT Cash and Equivalents Farmers & Merchants Bank Main Farmers & Merchants Bank Payroll Local Agency Investment Fund Farmer's & Merchants Bank Money Market Wells Fargo Bank Money Market * Total Demand Deposit Accounts Bond Mutual Fund CAL TRUST Medium Term Fund Total Bond Mutual Funds Local Bank Certificates of Deposit Farmers & Merchants Bank Total Local Bank Certificates of Deposit Negotiable Certificates of Deposit MB FINANCIAL BANK NA MERRICK BANK DISCOVER BANK THIRD FEDERAL SAVINGS & LOAN CLEVELAND BMW BANK NORTH AMERICA ENERBANK USA HORIZON BANK NATION ASSN CITI BANK CAPITAL ONE BANK USA NA CAPITAL ONE NA GOLDMAN SACHS BANK USA WELLS FARGO BANK NA AMERICAN EXPRESS BANK FSB SYNCHRONY BANK SALLIE MAE BANK/SALT LAKE CITY, UTAH STATE BANK OF INDIA MEDALLION BANK UTAH STIFEL BANK AND TRUST CITIBANK NA INDUSTRIAL & COM BK CHNA COMENITY CAPITAL BANK UBS BANK BARCLAYS BANK/DELAWARE BANK OF BARODA MCHENRY SAVINGS BK IL MORGAN STANLEY BANK MORGAN STANLEY PRIVATE BANK CELTIC BANK Total Negotiable Certificates of Deposit CITY OF LODI SUMMARY OF CASH AND INVESTED FUNDS FOR THE QUARTER ENDED MARCH 31, 2021 Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio Due on Demand 4,489,477 4,489,477 3.18% Due on Demand 54,033 54,033 0.04% Due on Demand 58,206,855 58,206,855 41.25% Due on Demand 4,912,326 4,912,326 3.48% Due on Demand 1,949,926 1,949,926 1.38% 11/24/2021 250,000 69,612,617 69,612,617 49.34% Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio Due on Demand 10,508,469 10,508,469 7.45% 10,508,469 10,508,469 7.45% Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio 1.00% 11/7/2021 2,000,000 2,000,000 2,000,000 1.42% 2,000,000 2,000,000 2,000,000 1.42% Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio 2.00% 11/17/2021 250,000 250,000 253,063 0.18% 2.10% 11/17/2021 250,000 250,000 253,220 0.18% 2.15% 11/22/2021 250,000 250,000 253,371 0.18% 2.10% 11/24/2021 250,000 250,000 253,318 0.18% 2.20% 11/29/2021 250,000 250,000 253,555 0.18% 2.55% 1/18/2022 250,000 250,000 254,965 0.18% 2.85% 5/4/2022 250,000 250,000 257,528 0.18% 1.95% 8/23/2022 250,000 250,000 256,419 0.18% 2.40% 11/22/2022 250,000 250,000 259,301 0.18% 2.40% 11/22/2022 250,000 250,000 259,301 0.18% 2.40% 11/22/2022 250,000 250,000 259,301 0.18% 2.40% 11/22/2022 250,000 250,000 259,304 0.18% 2.50% 12/5/2022 250,000 246,699 259,490 0.18% 2.60% 1/19/2023 250,000 250,000 261,063 0.19% 2.65% 1/24/2023 250,000 250,000 261,371 0.19% 2.70% 2/16/2023 250,000 250,000 261,984 0.19% 2.90% 4/10/2023 250,000 250,000 263,850 0.19% 2.95% 5/15/2023 250,000 250,000 264,700 0.19% 3.25% 6/6/2023 250,000 250,000 266,698 0.19% 3.30% 6/30/2023 250,000 250,000 267,412 0.19% 3.30% 7/16/2023 250,000 250,000 267,714 0.19% 3.35% 10/5/2023 250,000 250,000 269,489 0.19% 3.35% 10/10/2023 250,000 250,000 269,572 0.19% 3.55% 11/30/2023 250,000 250,000 271,817 0.19% 2.80% 3/14/2024 250,000 250,000 268,322 0.19% 1.95% 11/29/2024 250,000 250,000 263,672 0.19% 1.90% 11/29/2024 250,000 250,000 263,218 0.19% 1.70% 3/13/2025 250,000 250,000 250,490 0.18% 7,000,000 6,996,699 7,303,506 5.18% Agency Securities FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.75% 4/9/2021 250,000 242,978 250,092 0.18% FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.25% 5/6/2021 250,000 240,040 250,291 0.18% FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.25% 8/17/2021 250,000 238,514 250,996 0.18% FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.00% 9/28/2021 250,000 244,105 252,357 0.18% FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.38% 10/7/2021 250,000 238,923 251,678 0.18% FEDERAL HOME LOAN BANK 2.63% 12/10/2021 250,000 248,755 254,414 0.18% FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.00% 1/5/2022 250,000 243,235 253,590 0.18% FEDERAL HOME LOAN BANK 2.63% 3/11/2022 250,000 248,853 255,867 0.18% FEDERAL HOME LOAN BANK 2.62% 5/27/2022 250,000 249,465 257,110 0.18% FEDERAL FARM CREDIT BANK SYSTEM 1.88% 6/1/2022 250,000 242,059 255,070 0.18% FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.00% 8/26/2022 250,000 242,734 256,543 0.18% FEDERAL HOME LOAN BANK 3.13% 9/9/2022 250,000 254,254 260,615 0.18% FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.38% 1/19/2023 250,000 246,300 259,947 0.18% FEDERAL FARM CREDIT BANK SYSTEM 2.65% 3/8/2023 250,000 249,325 262,097 0.19% FEDERAL FARM CREDIT BANK SYSTEM 2.70% 4/11/2023 250,000 249,500 262,914 0.19% FEDERAL HOME LOAN BANK 2.85% 5/8/2023 250,000 250,174 263,941 0.19% FEDERAL AGRICULTURE MORTGAGE CORPORATION 2.90% 7/24/2023 250,000 249,160 265,265 0.19% CITY OF LODI SUMMARY OF CASH AND INVESTED FUNDS FOR THE QUARTER ENDED MARCH 31, 2021 TYPE OF INVESTMENT Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio Agency Securities Cont'd FARMER MAC 1.35% 4/1/2025 1,000,000 1,000,000 1,000,000 0.71% FEDERAL HOME LOAN BANK** 1.02% 3/30/2026 500,000 500,000 496,775 0.35% Total Agency Securities 5,750,000 5,678,372 5,859,562 4.15% US Treasury Notes Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio UNITED STATES TREASURY 1.38% 4/30/2021 250,000 240,904 250,263 0.18% UNITED STATES TREASURY 1.38% 5/31/2021 250,000 240,547 250,538 0.18% UNITED STATES TREASURY 1.13% 6/30/2021 250,000 238,335 250,655 0.18% UNITED STATES TREASURY 1.13% 7/31/2021 250,000 237,921 250,879 0.18% UNITED STATES TREASURY 2.00% 8/31/2021 250,000 244,513 252,012 0.18% UNITED STATES TREASURY 1.13% 9/30/2021 250,000 237,186 251,348 0.18% UNITED STATES TREASURY 2.00% 10/31/2021 250,000 244,134 252,822 0.18% UNITED STATES TREASURY 2.00% 12/31/2021 400,000 394,512 405,750 0.29% UNITED STATES TREASURY 1.50% 1/31/2022 250,000 240,139 252,959 0.18% UNITED STATES TREASURY 1.88% 2/28/2022 250,000 243,370 254,033 0.18% UNITED STATES TREASURY 1.88% 3/31/2022 250,000 243,143 254,424 0.18% UNITED STATES TREASURY 1.75% 5/31/2022 250,000 242,223 254,766 0.18% UNITED STATES TREASURY 1.75% 6/30/2022 250,000 242,065 255,088 0.18% UNITED STATES TREASURY 1.88% 7/31/2022 250,000 243,028 255,840 0.18% UNITED STATES TREASURY 1.63% 8/31/2022 250,000 240,313 255,283 0.18% UNITED STATES TREASURY 1.88% 9/30/2022 250,000 242,668 256,514 0.18% UNITED STATES TREASURY 2.00% 10/31/2022 250,000 243,745 257,334 0.18% UNITED STATES TREASURY 2.00% 11/30/2022 250,000 243,603 257,695 0.18% UNITED STATES TREASURY 2.13% 12/31/2022 250,000 244,688 258,574 0.18% UNITED STATES TREASURY 1.50% 2/28/2023 250,000 237,063 256,357 0.18% UNITED STATES TREASURY 1.50% 3/31/2023 250,000 236,790 256,621 0.18% UNITED STATES TREASURY 1.63% 4/30/2023 250,000 238,225 257,451 0.18% UNITED STATES TREASURY 1.63% 5/31/2023 250,000 236,525 257,676 0.18% UNITED STATES TREASURY 2.63% 6/30/2023 250,000 247,329 263,604 0.19% UNITED STATES TREASURY 1.25% 7/31/2023 250,000 231,621 255,996 0.18% Total US Treasury Notes 6,400,000 6,174,585 6,524,482 4.62% Corporate Securities Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio ALPHABET INC 3.63% 5/19/2021 100,000 104,000 100,422 0.07% DETROIT EDISON CO 3.90% 6/1/2021 375,000 385,585 375,692 0.27% TOTAL CAPITAL INTERNATIONAL SA 2.75% 6/19/2021 250,000 248,075 251,308 0.18% AMERICAN HONDA FINANCE 1.65% 7/12/2021 250,000 239,433 250,919 0.18% APPLE INC 1.55% 8/4/2021 500,000 485,396 501,611 0.36% MIZUHO FINANCIAL CORPORATION 2.27% 9/13/2021 250,000 240,903 252,160 0.18% BOEING COMPANY 2.35% 10/30/2021 250,000 245,363 251,085 0.18% PFIZER INC 2.20% 12/15/2021 200,000 198,284 202,653 0.14% TOYOTA MOTOR CREDIT CORP 2.60% 1/11/2022 250,000 246,665 254,480 0.18% PACIFICORP 2.95% 2/1/2022 250,000 249,816 253,894 0.18% JOHNSON&JOHNSON 2.25% 3/3/2022 250,000 245,167 254,555 0.18% WELLS FARGO & COMPANY 3.50% 3/8/2022 400,000 400,000 411,972 0.29% TD AMERITRADE HOLDING COMPANY 2.95% 4/1/2022 250,000 247,243 255,497 0.18% ORACLE CORP 2.50% 5/15/2022 100,000 99,204 101,950 0.07% UNITED PARCEL SERVICE 2.35% 5/16/2022 100,000 98,749 102,120 0.07% DEERE & COMPANY 2.60% 6/8/2022 100,000 99,153 102,168 0.07% 3M COMPANY 2.00% 6/26/2022 150,000 144,485 153,215 0.11% TOYOTA MOTOR CREDIT CORPORATION 2.80% 7/13/2022 250,000 246,950 258,009 0.18% PROCTER & GAMBLE COMPANY 2.15% 8/11/2022 250,000 243,146 256,071 0.18% MERCK & CO INC 2.40% 9/15/2022 100,000 98,701 102,483 0.07% JPMORGAN CHASE & CO 3.25% 9/23/2022 100,000 101,377 104,327 0.07% GENERAL ELECTRIC CO 2.70% 10/9/2022 250,000 242,535 258,422 0.18% MICROSOFT CORP 2.65% 11/3/2022 250,000 250,000 258,821 0.18% AUSTRALIA & NEW ZEALAND BANKING GROUP NY 2.63% 11/9/2022 250,000 243,450 259,344 0.18% VISA INC 2.80% 12/14/2022 250,000 247,518 259,673 0.18% JPMORGAN CHASE & CO 2.97% 1/15/2023 150,000 147,503 153,019 0.11% BANK OF NEW YORK MELLON CORP 2.95% 1/29/2023 100,000 100,069 104,546 0.07% WELLS FARGO NATIONAL BANK WEST 1.90% 1/30/2023 250,000 250,000 258,023 0.18% WELLS FARGO & COMPANY 3.45% 2/13/2023 150,000 152,147 157,991 0.11% UNITED HEALTH GROUP INC 2.75% 2/15/2023 100,000 99,143 103,708 0.07% EXXON MOBIL CORPORATION 2.73% 3/1/2023 250,000 247,040 260,262 0.18% CITY OF LODI SUMMARY OF CASH AND INVESTED FUNDS FOR THE QUARTER ENDED MARCH 31, 2021 TYPE OF INVESTMENT Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio Corporate Securities Cont'd WALMART INC 2.55% 4/11/2023 250,000 244,525 260,261 0.18% APPLE INC 2.40% 5/3/2023 250,000 240,887 261,164 0.19% SOUTHERN CALIFORNIA EDISON 3.40% 6/1/2023 254,000 252,849 268,807 0.19% CHEVRON CORPORATION 3.19% 6/24/2023 250,000 249,295 263,504 0.19% NEW YORK UNIVERSITY 2.72% 7/1/2023 230,000 230,000 238,972 0.17% ORACLE CORP 3.63% 7/15/2023 250,000 253,415 266,648 0.19% IBM CORP 3.38% 8/1/2023 500,000 492,500 536,017 0.38% SHELL INTERNATIONAL FIN 3.40% 8/12/2023 250,000 252,275 267,745 0.19% GILEAD SCIENCES INC 2.50% 9/1/2023 260,000 249,886 270,899 0.19% PROV ST JOSEPH HEALTH OBL 4.38% 10/1/2023 315,000 315,000 344,325 0.24% PRIES & FELLOWS OF HARVAR 2.60% 10/1/2023 300,000 300,000 312,088 0.22% TOYOTA MOTOR CREDIT CORP 2.25% 10/18/2023 250,000 235,228 260,865 0.18% COCA-COLA CO 3.20% 11/1/2023 238,000 235,651 255,787 0.18% NATIONAL RURAL UTIL COOP 3.40% 11/15/2023 300,000 297,885 319,554 0.23% ALABAMA POWER CO 3.55% 12/1/2023 250,000 249,873 269,918 0.19% TOYOTA MOTOR CREDIT CORP 3.35% 1/8/2024 400,000 399,358 431,247 0.31% JOHN DEERE CAPITAL CORP 3.45% 1/10/2024 250,000 250,448 269,752 0.19% BP CAP MARKETS AMERICA 3.79% 2/6/2024 500,000 538,075 542,363 0.38% 3M COMPANY 3.25% 2/14/2024 300,000 300,000 322,779 0.23% BOEING CO 2.80% 3/1/2024 250,000 248,917 257,382 0.18% DETROIT EDISON CO 3.65% 3/15/2024 300,000 300,000 322,063 0.23% BANK OF AMERICA CORP 4.00% 4/1/2024 250,000 263,445 273,185 0.19% CATERILLAR FINANCIAL SERVICE 3.30% 6/9/2024 500,000 500,000 540,039 0.38% WALT DISNEY COMPANY 1.75% 8/30/2024 500,000 500,000 516,300 0.37% WELLS FARGO & COMPANY 3.30% 9/9/2024 500,000 500,000 810,056 0.57% AMERICAN HONDA FINANCE 2.15% 9/10/2024 500,000 500,000 520,895 0.37% SHELL INTERNATIONAL FIN 2.00% 11/7/2024 500,000 500,000 522,896 0.37% CATERILLAR FINANCIAL SERVICE 3.25% 12/1/2024 500,000 500,000 541,636 0.38% TOYOTA MOTOR CREDIT CORP 1.80% 2/13/2025 300,000 300,000 308,114 0.22% WESTPAC BANKING CORP 2.35% 2/19/2025 500,000 500,000 523,044 0.37% APPLE INC** 55.00% 8/20/2025 500,000 500,000 491,146 0.35% TOYOTA MOTOR CREDIT CORP** 80.00% 10/16/2025 500,000 500,000 491,080 0.35% APPLE INC ** 70.00% 2/8/2026 500,000 500,000 490,283 0.35% JP MORGAN CHASE BANK** 1.00% 3/26/2026 250,000 250,000 251,893 0.18% Total Corporate Securities 18,672,000 18,596,610 19,693,107 13.96% Municipal Securities Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio MT SAN ANTONIO CCD 1.94% 8/1/2020 400,000 400,000 414,821 0.29% CALIFORNIA STATE HIGH SPEED RAIL 2.63% 4/1/2021 500,000 501,060 500,000 0.35% UNIVERSITY OF CALIFORNIA 3.24% 5/15/2021 150,000 152,684 150,514 0.11% UNIVERSITY OF CALIFORNIA CA REVENUES 1.79% 5/15/2021 250,000 244,733 250,454 0.18% BURBANK-GLENDALE-PASADENAAIPORT AUTHORITY 4.13% 7/1/2021 90,000 94,323 90,665 0.06% MT DIABLO SD -REF -B 5.00% 7/1/2021 600,000 600,000 606,990 0.43% LA MIRADA CA REDEVELOPMENT 2.91% 8/15/2021 250,000 253,195 252,353 0.18% YUBA LEVEE FINANCING AUTHORITY 2.86% 9/1/2021 250,000 252,980 252,021 0.18% SAN DIEGO CA REDEVELOPMENT AGENCY 2.25% 9/1/2021 250,000 246,163 252,130 0.18% ROSEVILLE FINANCE AUTHORITY - ELECTRIC SYSTEM 2.41% 2/1/2022 250,000 246,915 254,287 0.18% POMONA REDEV AGY-REF 3.55% 2/1/2022 275,000 283,441 281,441 0.20% CA ST-TXBL 6.65% 3/1/2022 640,000 716,619 338,715 0.24% STATE OF MARYLAND 2.65% 3/15/2022 300,000 300,480 307,032 0.22% CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 2.46% 4/1/2022 250,000 246,270 254,628 0.18% CALIFORNIA ST-A-TXBL 2.37% 4/1/2022 500,000 502,362 510,663 0.36% SACRAMENTO CA PUBLIC 3.79% 4/1/2022 175,000 175,000 180,453 0.13% CALIFORNIA STATE DEPT OF WATER RESOURCES 2.00% 5/1/2022 300,000 291,678 305,874 0.22% UNIV OF CALIFORNIA -BC 2.61% 5/15/2022 250,000 250,000 256,582 0.18% FAIRFIELD-REF-TXBL 3.25% 6/1/2022 150,000 150,000 154,823 0.11% TULARE COUNTY CA PENSION OBLIGATION 3.20% 6/1/2022 250,000 250,245 257,507 0.18% ARKANSAS ST AMENDMENT 82 2.84% 7/1/2022 100,000 100,499 103,383 0.07% ADELANTO PUBLIC UTILITIES 3.50% 7/1/2022 240,000 246,936 248,723 0.18% ORANGE COUNTY CA WATER DIST 1.83% 8/15/2022 125,000 125,000 127,504 0.09% OCEANSIDE CA PENSION OBLIGATION 3.84% 8/15/2022 200,000 209,604 209,267 0.15% VISTA CA REDEVELOPMENT 3.00% 9/1/2022 120,000 120,960 123,999 0.09% SAN BERNARDINO COUNTY REDEVELOPMENT 3.25% 9/1/2022 160,000 161,840 165,434 0.12% SAN LEANDRO CA REDEVELOPMENT AGENCY 3.21% 9/1/2022 260,000 260,887 269,764 0.19% TYPE OF INVESTMENT Municipal Securities Cont_d SAN FRANCISCO CITY & COUNTY CA CALIFORNIA DEPARTMENT OF WATER RESOURCES CARSON CA REDEVELOPMENT CALIFORNIA HOUSING FINANCE AGENCY GEORGIA ST GENERAL OBLIGATION FRESNO FING-B REF OHIO ST THIRD FRONTIER RESEARCH RIVERSIDE CA PENSION OBLIGATION SAN DIEGO TOBACCO SETTLEMENT INDUSTRY-REF-TXBL SOLANO COMMUNITY COLLEGE DT CALIFORNIA VARIOUS PURPOSE VISTA REDEV AGENCY-TXBL CENTRAL CONTRA COSTA SANITATION DISTRICT CALIFORNIA STATE MUNI TAX OAKLAND PENSION-TXBL RIVERSIDE CA UNIFIED SCHOOL DIST CORTE MADERA-TXBL-REF TULARE COUNTY BRD ED-TXBL CHAFFEY COMMUNITY COLLEGE DT RIVERSIDE CO PUB FIN LOMPOC VALLEY MED-TXBL SAN FRANCISCO CITY TAMALPAIS UN HSD-TXBL TEN NESSEE-C-REF-TXBL CONTRA COSTA CA COMNTY M I N N ESOTA ST -C -TX B L SOLANO COMMUNITY COLLEGE DT SAN FRANCISCO REDEV-C ORANGE COUNTY CA WATER DIST W SACRAMENTO AREA ESCONDIDO JT POWERS CARMICHAEL WATER DIST INDIO PUB FIN-B-TXBL VENTURA COUNTY CA PUBLIC SEMITROPIC IMP DIST-A CON EDISON CO OF NY INC CALIFORNIA-TXBL MONTEREY PK TXBL** Total Municipal Securities INVESTMENTS SUBTOTAL NOT INCLUDING CASH & EQUIVALENTS TOTAL ALL INVESTMENTS INCLUDING CASH & EQUIVALENTS * End of month bank balances are reflected on this report. ** Investments purchased during this reporting period. CITY OF LODI SUMMARY OF CASH AND INVESTED FUNDS FOR THE QUARTER ENDED MARCH 31, 2021 Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio 2.40% 11/1/2022 445,000 437,052 459,862 0.33% 2.52% 12/1/2022 75,000 75,000 77,709 0.06% 3.00% 2/1/2023 80,000 81,000 82,929 0.06% 2.88% 2/1/2023 200,000 443,770 467,042 0.33% 2.23% 2/1/2023 310,000 299,559 320,993 0.23% 3.18% 4/1/2023 285,000 282,230 295,322 0.21% 2.11% 5/1/2023 250,000 240,273 258,968 0.18% 2.63% 6/1/2023 250,000 243,888 259,001 0.18% 3.44% 6/1/2023 500,000 500,745 528,057 0.37% 3.00% 7/1/2023 500,000 506,070 500,890 0.35% 2.06% 8/1/2023 145,000 145,000 149,955 0.11% 3.50% 8/1/2023 305,000 310,481 326,337 0.23% 3.00% 9/1/2023 290,000 290,000 304,552 0.22% 3.12% 9/1/2023 415,000 417,283 440,587 0.31% 2.25% 10/1/2023 250,000 239,738 261,428 0.19% 4.35% 12/15/2023 400,000 400,000 438,619 0.31% 1.98% 2/1/2024 400,000 400,000 416,659 0.30% 2.75% 5/1/2024 150,000 150,357 155,371 0.11% 2.31% 5/1/2024 235,000 235,000 245,164 0.17% 1.72% 6/1/2024 480,000 480,000 493,030 0.35% 1.92% 7/1/2024 300,000 300,000 308,815 0.22% 2.07% 7/1/2024 110,000 110,000 113,949 0.08% 3.76% 8/1/2024 250,000 250,000 274,234 0.19% 2.02% 8/1/2024 150,000 150,000 157,369 0.11% 1.97% 8/1/2024 170,000 170,000 177,814 0.13% 1.77% 8/1/2024 250,000 250,000 257,656 0.18% 3.00% 8/1/2024 215,000 215,000 232,484 0.16% 2.16% 8/1/2024 300,000 300,000 312,623 0.22% 3.13% 8/1/2024 500,000 500,000 531,296 0.38% 1.94% 8/15/2024 200,000 200,000 207,468 0.15% 2.07% 9/1/2024 150,000 150,000 155,424 0.11% 2.19% 9/1/2024 380,000 380,000 398,820 0.28% 2.17% 11/1/2024 1,295,000 1,295,000 1,350,163 0.96% 3.35% 11/1/2024 180,000 180,000 190,654 0.14% 1.22% 11/1/2024 100,000 100,000 101,497 0.07% 2.36% 12/1/2024 140,000 140,000 146,309 0.10% 3.30% 12/1/2024 310,000 310,000 336,388 0.24% 3.38% 4/1/2025 315,000 315,000 346,803 0.25% 88.70% 6/1/2025 400,000 400,000 397,536 0.28% 18,965,000 19,276,316 19,599,806 13.89% 58,787,000 58,722,582 60,980,463 43.22% 138,843,668 141,101,549 100.00% CERTIFICATION I certify this report accurately reflects all city pooled investments and is in conformity with state law and the investment policy statement adopted by the City Council on February 5, 2020. The investment program herein shown provides sufficient cash liquidity to meet the next six months estimated expenditures. A copy of this report is available in the City Clerk's Office or online at http://www.lodi.gov/finance/revenue.html. alvw� Xzvbi .Q'd�-h Andrew Keys, Treasurer/Director of Finance Susan Bjork, Budget Manager May 20, 2021 Review Date 05/20/2021 Review Date IRS Section 115 Retirement Benefit Trust Funds Public Agency Retirement Services - Pension Stabilization Fund Balanced Strategy Mutual Fund Total Pension Stabilization Fund CalPERS - California Employer's Retiree Benefit Trust (CERBT) CERBT Strategy 2 Total CERBT Total Section 115 Retirement Benefit Trust Funds Restricted Cash Accounts PCE/TCE Central Plume Remediation Fund Farmers & Merchants Bank Money Market Total PCE/TCE Central Plume Account Total Restriction Cash Accounts Market Value $ 19,544,590 $ 19,544,590 $ 2,260,811 $ 2,260,811 $ 21,805,401 Market Value $ 1,542,780 $ 1,542,780 $ 1,542,780