HomeMy WebLinkAboutAgenda Report - November 17, 2021 C-03AGENDAITEM (1003
CITY OF LODI
COUNCIL COMMUNICATION
TM
AGENDA TITLE: Accept the Quarterly Investment Report as Required by the City of Lodi Investment
Policy
MEETING DATE: November 17, 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 September 30, 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
PPR
Q 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
Total Negotiable Certificates of Deposit
Agency Securities
FEDERAL NATIONAL MORTGAGE ASSOCIATION
FEDERAL HOME LOAN BANK
FEDERAL NATIONAL MORTGAGE ASSOCIATION
FEDERAL HOME LOAN BANK
FEDERAL HOME LOAN BANK
FEDERAL FARM CREDIT BANK SYSTEM
FEDERAL NATIONAL MORTGAGE ASSOCIATION
FEDERAL HOME LOAN BANK
FEDERAL NATIONAL MORTGAGE ASSOCIATION
FEDERAL FARM CREDIT BANK SYSTEM
FEDERAL FARM CREDIT BANK SYSTEM
FEDERAL HOME LOAN BANK
FEDERAL AGRICULTURE MORTGAGE CORPORATION
FEDERAL HOME LOAN BANK **
FREDDIE MAC
FEDERAL HOME LOAN BANK
FEDERAL HOME LOAN BANK
FEDERAL HOME LOAN BANK
CITY OF LODI
SUMMARY OF CASH AND INVESTED FUNDS
FOR THE QUARTER ENDED SEPTEMBER 30, 2021
Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio
Due on
Demand
3,666,615
3,666,615
2.36%
Due on
Demand
50,527
50,527
0.03%
Due on
Demand
54,317,344
54,317,344
34.92%
Due on
Demand
10,423,990
10,423,990
6.70%
Due on
Demand
2,737,370
2,737,370
1.76%
71,195,845 71,195,845 45.77%
Interest Rate Maturity Date Par Value Cost Market Value % of Portfolio
Due on Demand 10,526,455 10,526,455 6.77%
10,526,455 10,526,455 6.77%
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 1.29%
2,000,000 2,000,000 2,000,000 1.29%
Interest Rate
Maturity Date
Par Value Cost
Market Value
% of Portfolio
2.00%
11/17/2021
250,000
250,000
250,620
0.16%
2.10%
11/17/2021
250,000
250,000
250,653
0.16%
2.15%
11/22/2021
250,000
250,000
250,754
0.16%
2.10%
11/24/2021
250,000
250,000
250,763
0.16%
2.20%
11/29/2021
250,000
250,000
250,875
0.16%
2.55%
1/18/2022
250,000
250,000
251,837
0.16%
2.85%
5/4/2022
250,000
250,000
254,103
0.16%
1.95%
8/23/2022
250,000
250,000
254,203
0.16%
2.40%
11/22/2022
250,000
250,000
256,462
0.16%
2.40%
11/22/2022
250,000
250,000
256,462
0.16%
2.40%
11/22/2022
250,000
250,000
256,462
0.16%
2.40%
11/22/2022
250,000
250,000
256,448
0.16%
2.50%
12/5/2022
250,000
246,700
256,851
0.17%
2.60%
1/19/2023
250,000
250,000
257,885
0.17%
2.65%
1/24/2023
250,000
250,000
258,122
0.17%
2.70%
2/16/2023
250,000
250,000
258,629
0.17%
2.90%
4/10/2023
250,000
250,000
260,126
0.17%
2.95%
5/15/2023
250,000
250,000
260,876
0.17%
3.25%
6/6/2023
250,000
250,000
262,470
0.17%
3.30%
6/30/2023
250,000
250,000
263,113
0.17%
3.30%
7/16/2023
250,000
250,000
263,372
0.17%
3.35%
10/5/2023
250,000
250,000
264,956
0.17%
3.35%
10/10/2023
250,000
250,000
265,027
0.17%
3.55%
11/30/2023
250,000
250,000
266,926
0.17%
2.80%
3/14/2024
250,000
250,000
264,070
0.17%
1.95%
11/29/2024
250,000
250,000
260,038
0.17%
1.90%
11/29/2024
250,000
250,000
259,647
0.17%
6,750,000
6,746,700
6,961,749
4.48%
Interest Rate
Maturity Date
Par Value Cost
Market Value
% of Portfolio
1.38%
10/7/2021
250,000
238,925
250,056
0.16%
2.63%
12/10/2021
250,000
248,750
251,195
0.16%
2.00%
1/5/2022
250,000
243,225
251,221
0.16%
2.63%
3/11/2022
250,000
248,850
252,868
0.16%
2.62%
5/27/2022
250,000
249,475
254,183
0.16%
1.88%
6/1/2022
250,000
242,050
253,017
0.16%
2.00%
8/26/2022
250,000
242,725
254,341
0.16%
3.13%
9/9/2022
250,000
254,250
257,110
0.17%
2.38%
1/19/2023
250,000
246,300
257,066
0.17%
2.65%
3/8/2023
250,000
249,325
258,793
0.17%
2.70%
4/11/2023
250,000
249,500
259,460
0.17%
2.85%
5/8/2023
250,000
250,175
260,588
0.17%
2.90%
7/24/2023
250,000
249,150
261,945
0.17%
2.75%
12/13/2024
500,000
500,000
534,360
0.34%
0.60%
10/27/2025
500,000
497,750
494,518
0.32%
0.90%
12/26/2025
500,000
499,900
499,099
0.32%
0.85%
3/30/2026
400,000
399,840
398,511
0.26%
1.00%
4/15/2026
500,000
500,000
505,029
0.32%
CITY OF LODI
SUMMARY OF CASH AND INVESTED FUNDS
FOR THE QUARTER ENDED SEPTEMBER 30, 2021
TYPE OF INVESTMENT
Interest Rate
Maturity Date
Par Value Cost
Market Value
% of Portfolio
Agency Securities Cont'd
FEDERAL HOME LOAN BANK
1.20%
4/28/2026
500,000
500,000
500,070
0.32%
FEDERAL HOME LOAN BANK
1.00%
5/26/2026
500,000
500,000
498,844
0.32%
FEDERAL HOME LOAN BANK **
1.88%
9/11/2026
400,000
400,000
416,933
0.27%
Total Agency Securities
7,050,000
7,010,190
7,169,205
4.61%
US Treasury Notes
Interest Rate
Maturity Date
Par Value Cost
Market Value
% of Portfolio
UNITED STATES TREASURY
2.00%
10/31/2021
250,000
244,125
250,396
0.16%
UNITED STATES TREASURY
2.00%
12/31/2021
400,000
394,520
401,930
0.26%
UNITED STATES TREASURY
1.50%
1/31/2022
250,000
240,150
251,203
0.16%
UNITED STATES TREASURY
1.88%
2/28/2022
250,000
243,375
251,875
0.16%
UNITED STATES TREASURY
1.88%
3/31/2022
250,000
243,150
252,246
0.16%
UNITED STATES TREASURY
1.75%
5/31/2022
250,000
242,225
252,793
0.16%
UNITED STATES TREASURY
1.75%
6/30/2022
250,000
242,075
253,105
0.16%
UNITED STATES TREASURY
1.88%
7/31/2022
250,000
243,025
253,711
0.16%
UNITED STATES TREASURY
1.63%
8/31/2022
250,000
240,325
253,496
0.16%
UNITED STATES TREASURY
1.88%
9/30/2022
250,000
242,675
254,404
0.16%
UNITED STATES TREASURY
2.00%
10/31/2022
250,000
243,750
255,098
0.16%
UNITED STATES TREASURY
2.00%
11/30/2022
250,000
243,600
255,449
0.16%
UNITED STATES TREASURY
2.13%
12/31/2022
250,000
244,700
256,221
0.16%
UNITED STATES TREASURY
1.50%
2/28/2023
250,000
237,075
254,688
0.16%
UNITED STATES TREASURY
1.50%
3/31/2023
250,000
236,800
254,902
0.16%
UNITED STATES TREASURY
1.63%
4/30/2023
250,000
238,225
255,576
0.16%
UNITED STATES TREASURY
1.63%
5/31/2023
250,000
236,525
255,811
0.16%
UNITED STATES TREASURY
2.63%
6/30/2023
250,000
247,375
260,391
0.17%
UNITED STATES TREASURY
1.25%
7/31/2023
250,000
231,625
254,570
0.16%
UNITED STATES TREASURY **
0.38%
11/30/2025
350,000
350,000
343,205
0.22%
UNITED STATES TREASURY**
0.38%
1/31/2026
350,000
350,000
342,357
0.22%
UNITED STATES TREASURY
0.75%
3/31/2026
500,000
498,300
496,289
0.32%
UNITED STATES TREASURY
0.75%
5/31/2026
500,000
499,500
495,606
0.32%
Total US Treasury Notes
6,600,000
6,433,120
6,655,322
4.28%
Corporate Securities
Interest Rate
Maturity Date
Par Value Cost
Market Value
% of Portfolio
BOEING COMPANY
2.35%
10/30/2021
250,000
245,375
250,348
0.16%
PFIZER INC
2.20%
12/15/2021
200,000
198,280
200,806
0.13%
TOYOTA MOTOR CREDIT CORP
2.60%
1/11/2022
250,000
246,650
251,618
0.16%
PACIFICORP
2.95%
2/1/2022
250,000
249,825
250,514
0.16%
JOHNSON&JOHNSON
2.25%
3/3/2022
250,000
245,175
251,727
0.16%
WELLS FARGO & COMPANY
3.50%
3/8/2022
400,000
413,080
405,589
0.26%
TD AMERITRADE HOLDING COMPANY
2.95%
4/1/2022
250,000
247,250
252,233
0.16%
ORACLE CORP
2.50%
5/15/2022
100,000
99,200
101,003
0.06%
UNITED PARCEL SERVICE
2.35%
5/16/2022
100,000
98,750
101,150
0.07%
DEERE & COMPANY
2.60%
6/8/2022
100,000
99,150
101,046
0.06%
3M COMPANY
2.00%
6/26/2022
150,000
144,480
151,988
0.10%
TOYOTA MOTOR CREDIT CORPORATION
2.80%
7/13/2022
250,000
246,950
255,018
0.16%
PROCTER & GAMBLE COMPANY
2.15%
8/11/2022
250,000
243,150
254,296
0.16%
MERCK & CO INC
2.40%
9/15/2022
100,000
98,700
101,565
0.07%
JPMORGAN CHASE & CO
3.25%
9/23/2022
100,000
101,380
102,940
0.07%
GENERAL ELECTRIC CO
2.70%
10/9/2022
250,000
242,525
255,878
0.16%
MICROSOFT CORP
2.65%
11/3/2022
250,000
247,575
255,445
0.16%
AUSTRALIA & NEW ZEALAND BANKING GROUP NY
2.63%
11/9/2022
250,000
243,450
256,489
0.16%
VISA INC
2.80%
12/14/2022
250,000
247,525
256,553
0.16%
JPMORGAN CHASE & CO
2.97%
1/15/2023
150,000
147,510
151,101
0.10%
BANK OF NEW YORK MELLON CORP
2.95%
1/29/2023
100,000
100,070
103,282
0.07%
WELLS FARGO NATIONAL BANK WEST
1.90%
1/30/2023
250,000
250,000
255,694
0.16%
WELLS FARGO & COMPANY
3.45%
2/13/2023
150,000
152,145
156,101
0.10%
UNITED HEALTH GROUP INC
2.75%
2/15/2023
100,000
99,140
102,702
0.07%
EXXON MOBIL CORPORATION
2.73%
3/1/2023
250,000
247,050
257,550
0.17%
WALMART INC
2.55%
4/11/2023
250,000
244,525
257,251
0.17%
APPLE INC
2.40%
5/3/2023
250,000
240,875
258,078
0.17%
SOUTHERN CALIFORNIA EDISON
3.40%
6/1/2023
254,000
252,857
265,070
0.17%
CHEVRON CORPORATION
3.19%
6/24/2023
250,000
249,300
260,580
0.17%
NEW YORK UNIVERSITY
2.72%
7/1/2023
230,000
234,899
236,668
0.15%
ORACLE CORP
3.63%
7/15/2023
250,000
253,425
264,224
0.17%
IBM CORP
3.38%
8/1/2023
500,000
492,500
527,061
0.34%
CITY OF LODI
SUMMARY OF CASH AND INVESTED FUNDS
FOR THE QUARTER ENDED SEPTEMBER 30, 2021
TYPE OF INVESTMENT
Interest Rate
MaturityDate
Par Value Cost
Market Value
% of Portfolio
Corporate Securities Cont'd
SHELL INTERNATIONAL FIN
3.40%
8/12/2023
250,000
252,275
264,099
0.17%
GILEAD SCIENCES INC
2.50%
9/1/2023
260,000
249,886
269,426
0.17%
PROV ST JOSEPH HEALTH OBL
4.38%
10/1/2023
315,000
340,704
337,235
0.22%
PRES & FELLOWS OF HARVAR
2.60%
10/1/2023
300,000
306,750
309,746
0.20%
TOYOTA MOTOR CREDIT CORP
2.25%
10/18/2023
250,000
235,225
259,159
0.17%
NATIONAL RURAL UTIL COOP
3.40%
11/15/2023
300,000
297,900
316,565
0.20%
ALABAMA POWER CO
3.55%
12/1/2023
250,000
249,875
266,189
0.17%
TOYOTA MOTOR CREDIT CORP
3.35%
1/8/2024
400,000
399,280
425,082
0.27%
JOHN DEERE CAPITAL CORP
3.45%
1/10/2024
250,000
250,450
266,759
0.17%
BP CAP MARKETS AMERICA
3.79%
2/6/2024
500,000
529,500
535,118
0.34%
3M COMPANY
3.25%
2/14/2024
300,000
314,610
318,419
0.20%
BOEING CO
2.80%
3/1/2024
250,000
248,500
260,097
0.17%
DETROIT EDISON CO
3.65%
3/15/2024
300,000
318,180
319,614
0.21%
BANK OF AMERICA CORP
4.00%
4/1/2024
250,000
261,725
270,808
0.17%
CATERILLAR FINANCIAL SERVICE
3.30%
6/9/2024
500,000
527,550
536,339
0.34%
AMERICAN HONDA FINANCE **
0.55%
7/12/2024
400,000
400,000
397,649
0.26%
WALT DISNEY COMPANY
1.75%
8/30/2024
500,000
499,300
515,424
0.33%
WELLS FARGO & COMPANY
3.30%
9/9/2024
500,000
264,825
807,062
0.52%
AMERICAN HONDA FINANCE
2.15%
9/10/2024
500,000
499,550
520,018
0.33%
SHELL INTERNATIONAL FIN
2.00%
11/7/2024
500,000
497,650
519,516
0.33%
CATERILLAR FINANCIAL SERVICE
3.25%
12/1/2024
500,000
528,700
540,705
0.35%
TOYOTA MOTOR CREDIT CORP
1.80%
2/13/2025
300,000
299,940
308,042
0.20%
WESTPAC BANKING CORP
2.35%
2/19/2025
500,000
514,250
523,093
0.34%
APPLE INC
0.55%
8/20/2025
500,000
492,150
492,252
0.32%
JOHNSON & JOHNSON **
0.55%
9/1/2025
950,000
950,000
938,065
0.60%
NATIONAL RURAL UTIL COOP
1.00%
9/15/2025
500,000
499,250
495,603
0.32%
TOYOTA MOTOR CREDIT CORP
0.80%
10/16/2025
500,000
493,650
493,358
0.32%
TOYOTA MOTOR CREDIT CORP
0.80%
1/9/2026
500,000
498,800
493,129
0.32%
APPLE INC
0.70%
2/8/2026
500,000
492,000
494,245
0.32%
PUBLIC STORAGE
0.88%
2/15/2026
300,000
297,720
296,224
0.19%
MERCK & CO INC
0.75%
2/24/2026
400,000
398,640
394,608
0.25%
JP MORGAN CHASE BANK
1.00%
3/26/2026
250,000
250,000
251,106
0.16%
BMO HARRIS BANK NA
1.00%
4/13/2026
250,000
250,000
250,633
0.16%
AMAZON.COM INC
1.00%
5/12/2026
500,000
498,800
499,458
0.32%
CHARLES SCHWAB CORP
1.15%
5/13/2026
500,000
499,500
500,672
0.32%
BANK OF AMERICA CORP
1.25%
5/28/2026
500,000
500,000
488,137
0.31%
BANK OF AMERICA CORP **
1.20%
6/25/2026
500,000
500,000
496,913
0.32%
TOYOTA FINANCIAL SGS BK **
0.95%
7/29/2026
250,000
250,000
249,958
0.16%
BANK OF AMERICA CORP **
1.15%
9/10/2026
250,000
250,000
248,210
0.16%
Total Corporate Securities
22,509,000
22,329,901
23,320,302
14.99%
Municipal Securities
Interest Rate
MaturityDate
Par Value Cost
Market Value
% of Portfolio
ROSEVILLE FINANCE AUTHORITY - ELECTRIC SYSTEM
2.41%
2/1/2022
250,000
246,925
251,706
0.16%
POMONA REDEV AGY-REF
3.55%
2/1/2022
275,000
282,123
277,561
0.18%
CA ST-TXBL
6.65%
3/1/2022
640,000
349,440
328,445
0.21%
STATE OF MARYLAND
2.65%
3/15/2022
300,000
300,480
303,347
0.19%
CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY
2.46%
4/1/2022
250,000
246,275
252,318
0.16%
CALIFORNIA ST-A-TXBL
2.37%
4/1/2022
500,000
496,950
505,357
0.32%
SACRAMENTO CA PUBLIC
3.79%
4/1/2022
175,000
182,000
177,725
0.11%
CALIFORNIA STATE DEPT OF WATER RESOURCES
2.00%
5/1/2022
300,000
291,690
303,224
0.19%
UNIV OF CALIFORNIA -BC
2.61%
5/15/2022
250,000
250,000
253,797
0.16%
FAIRFIELD-REF-TXBL
3.25%
6/1/2022
150,000
154,560
152,763
0.10%
TULARE COUNTY CA PENSION OBLIGATION
3.20%
6/1/2022
250,000
250,250
254,972
0.16%
ARKANSAS ST AMENDMENT 82
2.84%
7/1/2022
100,000
100,500
101,908
0.07%
ADELANTO PUBLIC UTILITIES
3.50%
7/1/2022
240,000
246,936
245,253
0.16%
ORANGE COUNTY CA WATER DIST
1.83%
8/15/2022
125,000
124,925
126,651
0.08%
OCEANSIDE CA PENSION OBLIGATION
3.84%
8/15/2022
200,000
209,600
205,914
0.13%
VISTA CA REDEVELOPMENT
3.00%
9/1/2022
120,000
120,960
122,605
0.08%
SAN BERNARDINO COUNTY REDEVELOPMENT
3.25%
9/1/2022
160,000
161,840
163,585
0.11%
SAN LEANDRO CA REDEVELOPMENT AGENCY
3.21%
9/1/2022
260,000
260,884
266,354
0.17%
SAN FRANCISCO CITY & COUNTY CA
2.40%
11/1/2022
445,000
437,035
455,373
0.29%
CALIFORNIA DEPARTMENT OF WATER RESOURCES
2.52%
12/1/2022
75,000
74,243
77,046
0.05%
CARSON CA REDEVELOPMENT
3.00%
2/1/2023
80,000
81,000
82,619
0.05%
CALIFORNIA HOUSING FINANCE AGENCY
2.88%
2/1/2023
200,000
200,000
462,415
0.30%
CITY OF LODI
SUMMARY OF CASH AND INVESTED FUNDS
FOR THE QUARTER ENDED SEPTEMBER 30, 2021
TYPE OF INVESTMENT
Interest Rate
Maturity Date
Par Value Cost
Market Value
% of Portfolio
Municipal Securities Cont'd
GEORGIA ST GENERAL OBLIGATION
2.23%
2/1/2023
310,000
299,553
318,333
0.20%
FRESNO FING-B REF
3.18%
4/1/2023
285,000
282,236
295,690
0.19%
OHIO ST THIRD FRONTIER RESEARCH
2.11%
5/1/2023
250,000
240,275
256,878
0.17%
RIVERSIDE CA PENSION OBLIGATION
2.63%
6/1/2023
250,000
243,900
258,232
0.17%
SAN DIEGO TOBACCO SETTLEMENT
3.44%
6/1/2023
500,000
500,750
522,881
0.34%
INDUSTRY-REF-TXBL
3.00%
7/1/2023
500,000
502,450
500,914
0.32%
SOLANO COMMUNITY COLLEGE DT
2.06%
8/1/2023
145,000
145,000
149,562
0.10%
CALIFORNIA VARIOUS PURPOSE
3.50%
8/1/2023
305,000
310,490
321,939
0.21%
VISTA REDEV AGENCY-TXBL
3.00%
9/1/2023
290,000
300,643
301,356
0.19%
CENTRAL CONTRA COSTA SANITATION DISTRICT
3.12%
9/1/2023
415,000
417,283
436,235
0.28%
CALIFORNIA STATE MUNI TAX
2.25%
10/1/2023
250,000
239,750
259,243
0.17%
OAKLAND PENSION-TXBL
4.35%
12/15/2023
400,000
440,880
431,816
0.28%
RIVERSIDE CA UNIFIED SCHOOL DIST
1.98%
2/1/2024
400,000
400,000
413,324
0.27%
CALIFORNIA ST-TXBL-B **
3.00%
4/1/2024
200,000
200,000
212,427
0.14%
CORTE MADERA-TXBL-REF
2.75%
5/1/2024
150,000
150,300
156,975
0.10%
TULARE COUNTY BRD ED-TXBL
2.31%
5/1/2024
235,000
236,528
243,192
0.16%
CHAFFEY COMMUNITY COLLEGE DT
1.72%
6/1/2024
480,000
477,168
495,283
0.32%
RIVERSIDE CO PUB FIN
1.92%
7/1/2024
300,000
300,000
308,259
0.20%
LOMPOC VALLEY MED-TXBL
2.07%
7/1/2024
110,000
110,869
113,486
0.07%
SAN FRANCISCO CITY
3.76%
8/1/2024
250,000
270,675
270,985
0.17%
TAMALPAIS UN HSD-TXBL
2.02%
8/1/2024
150,000
151,770
155,957
0.10%
TENNESSEE-C-REF-TXBL
1.97%
8/1/2024
170,000
171,751
176,733
0.11%
CONTRA COSTA CA COMNTY
1.77%
8/1/2024
250,000
250,000
258,629
0.17%
MINNESOTA ST-C-TXBL
3.00%
8/1/2024
215,000
227,857
229,550
0.15%
SOLANO COMMUNITY COLLEGE DT
2.16%
8/1/2024
300,000
300,000
312,779
0.20%
SAN FRANCISCO REDEV-C
3.13%
8/1/2024
500,000
524,000
528,784
0.34%
MT SAN ANTONIO CCD
1.94%
8/1/2024
400,000
404,080
415,436
0.27%
MD ST -B **
0.46%
8/1/2024
300,000
300,000
298,899
0.19%
ORANGE COUNTY CA WATER DIST
1.94%
8/15/2024
200,000
200,080
206,648
0.13%
W SACRAMENTO AREA
2.07%
9/1/2024
150,000
150,000
155,073
0.10%
ESCONDIDO JT POWERS
2.19%
9/1/2024
380,000
383,192
394,294
0.25%
CARMICHAEL WATER DIST
2.17%
11/1/2024
1,295,000
1,304,065
1,351,173
0.87%
INDIO PUB FIN-B-TXBL
3.35%
11/1/2024
180,000
190,350
190,061
0.12%
VENTURA COUNTY CA PUBLIC
1.22%
11/1/2024
100,000
100,000
100,845
0.06%
SEMITROPIC IMP DIST-A
2.36%
12/1/2024
140,000
141,694
146,566
0.09%
CON EDISON CO OF NY INC
3.30%
12/1/2024
310,000
330,646
331,523
0.21%
SAN RAMON REDEV AGY
4.00%
2/1/2025
140,000
155,834
152,713
0.10%
CALIFORNIA-TXBL
3.38%
4/1/2025
315,000
340,200
343,965
0.22%
SAN DIEGO CNTY CA REG **
2.09%
4/1/2025
350,000
350,000
366,020
0.24%
MONTEREY PK TXBL
0.89%
6/1/2025
400,000
399,800
396,365
0.25%
ANAHEIM PUBLIC FIN
0.94%
7/1/2025
250,000
249,400
247,738
0.16%
UNIV CA-AX-TXBL
3.06%
7/1/2025
650,000
707,265
699,295
0.45%
FOOTHILL DE ANZA-B
0.91%
8/1/2025
500,000
504,600
501,542
0.32%
SANTA ROSA ELEM SD
1.01%
8/1/2025
500,000
500,000
499,235
0.32%
W CONTRA COSTA SD -B
0.94%
8/1/2025
505,000
505,000
505,646
0.33%
CASTRO VLY UN IF SCH
1.20%
8/1/2025
500,000
503,100
501,233
0.32%
OAK GROVE SD -REF
0.87%
8/1/2025
240,000
240,000
238,233
0.15%
BELMONT-REDWOOD-A- **
0.88%
8/1/2025
205,000
205,000
204,424
0.13%
BELMONT-REDWOOD-B-REF **
0.88%
8/1/2025
200,000
200,000
199,513
0.13%
SAN BERNARDINO CCD **
0.84%
8/1/2025
275,000
275,000
274,722
0.18%
RIO ESD CMNTY FACS DT
1.12%
9/1/2025
380,000
380,000
378,211
0.24%
MACMWLTH -E-TXBL-REF
0.70%
11/1/2025
220,000
218,306
218,178
0.14%
CALIFORNIA STUNIV-B**
0.86%
11/1/2025
100,000
100,000
99,520
0.06%
BAY AREA CA TOLL AUTH
2.43%
4/1/2026
230,000
133,663
243,059
0.16%
WISCONSIN ST GEN FUND
3.05%
5/1/2026
300,000
329,010
325,622
0.21%
SAN FRANCISCO CA CITY **
1.10%
6/15/2026
370,000
370,000
366,449
0.24%
RED BLUFF-TXBL **
1.46%
7/15/2026
350,000
350,000
354,078
0.23%
SOCIETE GENERALE **
1.35%
7/30/2026
500,000
500,000
500,000
0.32%
BELMONT-REDWOOD-B-REF **
1.10%
8/1/2026
205,000
205,000
204,160
0.13%
SAN BERNARDINO CCD **
1.10%
8/1/2026
230,000
230,000
229,681
0.15%
Total Municipal Securities
24,325,000
24,218,026
24,940,501
16.03%
CITY OF LODI
SUMMARY OF CASH AND INVESTED FUNDS
FOR THE QUARTER ENDED SEPTEMBER 30, 2021
TYPE OF INVESTMENT
Interest Rate
Maturity Date
Par Value Cost
Market Value
% of Portfolio .
Supranational Securities
Interest Rate
Maturity Date
Par Value Cost
Market Value
% of Portfolio
INTERAMER DEV **
0.39%
4/16/2024
500,000
500,000
498,147
0.32%
INTERAMER DEV
0.80%
6/17/2026
500,000
496,750
497,835
0.32%
INT BK RECON&D
0.65%
2/24/2026
500,000
493,900
490,597
0.32%
INTL FIN CORP
2.13%
4/7/2026
396,000
418,730
416,311
0.27%
INTL BK RECON & DEVELOP **
0.88%
7/15/2026
500,000
500,000
496,373
0.32%
INTL FIN CORP **
0.82%
9/15/2026
400,000
400,000
396,449
0.25%.
Total Supranational Securities
2,796,000
2,809,380
2,795,712
1.80%
INVESTMENTS SUBTOTAL NOT INCLUDING CASH &
EQUIVALENTS
72,030,000
71,547,317
73,842,791
47.47%
TOTAL ALL INVESTMENTS INCLUDING CASH &
EQUIVALENTS
* End of month bank balances are reflected on this report.
** Investments purchased during this reporting period.
153,269,618 15 5, 565, 092 100.00
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 June 2, 2021. 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.
oftx,CL� �
Andrew Keys, Treasurer/Director of Finance Susan Bjork, Budget Manager
November 4, 2021
Review Date
11/04/2021
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
$
20,334,434
$
20,334,434
$
2,393,493
$
2,393,493
$
22,727,927
Market Value
$
887,638
$
887,638
$
887,638