https://bellflowergcc.sharepoint.com/sites/fin/Shared Documents/AA/Treasurer's Reports/Staff Report for TR.docx
14-B
TO: Honorable Mayor and Members of the City Council
ATTENTION: Ryan Smoot, City Manager
FROM: Anna Garan, Finance Director/City Treasurer
SUBJECT: Consideration and possible action to receive and file the Treasurer’s Report for the Month of September 2025.
DATE: October 27, 2025
EXECUTIVE SUMMARY
The Investment Policy requires the City Treasurer to provide to the City Council a monthly investment report which contains certain required information pursuant to Government Code Section 53646. The Treasurer’s Report also contains certain other information required pursuant to BMC Subsection 2.12.030.B.5, which requires submission of monthly financial statements of receipts and disbursements of the City to the City Council and City Manager. Furthermore, the Treasurer’s Report contains revenue and expenditure details on the development impact fees (Park Facilities, Public Facilities, Transportation Facilities, and Public Safety Facilities) and Public Arts Fees for fiscal years 2024-25 and 2025-26.
RECOMMENDATION TO CITY COUNCIL
1) Receive and file the Treasurer’s Report; or
2) Alternatively, discuss and take other action related to this item.
FISCAL IMPACT
None
ATTACHMENT
Treasurer’s Report for the Month of September 2025 .................................................... 2
- 1 -
0F BELLFL Q m st af m teport
NOTE: Figures with parentheses indicate negative amounts.
Beginning Revenues Expenditures Ending
Balance/and Other and Other Balance/
(Deficit)Deposits Disbursements (Deficit)
CITY OF BELLFLOWER:
UNRESTRICTED:
010 General Fund 54,571,720$ 2,148,406$ (6,801,129)$ 49,918,997$ 011 General Fund Capital Projects 18,886,486 4,008,810 (38,336) 22,856,960 012 Public Projects 7,433,786 25,191 - 7,458,977 999 Cash Clearing Unallocated Interest 439,297 365,074 - 804,371 RESTRICTED:
Development Impact/Other Fees (revenue/expenditure details attached) 024 Park Facilities 1,168,674 48,474 - 1,217,148 022 Public Facilities 31,270 3,684 - 34,954 026 Public Safety Facilities 12,274 293 - 12,567 028 Transportation Facilities 192,850 7,409 - 200,259 020 Public Arts (94,538) - - (94,538) Other Funds/Funding
013 DOT Highway Relinquishment 3,625,971 - - 3,625,971 015 Transportation Development Act (TDA) Article 3 - - - - 030 Grant Projects (140,014) 139,744 (857,270) (857,540) 037 Drug Rehabilitation Program 266,892 - (4,261) 262,631 040 Public Educational Government (PEG) 1,029,086 - - 1,029,086 050 California COPS 507,060 - - 507,060 070 Measure A Fund (323,221) - (41,099) (364,320) 090 Agency Fund/Refundable Deposits-Private Projects 2,089,891 35,416 (42,146) 2,083,161 100 Proposition A - Transportation 2,646,347 177,165 (870,708) 1,952,804 115 Measure M - Streets 3,426,248 253,339 (4,777) 3,674,810 125 Measure R - Streets 1,584,818 215,371 (212,967) 1,587,222 135 Proposition C - Streets 2,836,892 148,881 (371,392) 2,614,381 140 State Gas Tax - Streets 6,872,592 188,818 (112,844) 6,948,566 145 Road Maintenance and Rehabilitation Account (RMRA)9,464,151 174,390 - 9,638,541 150 Air Quality Management District Fees 213,445 26,799 - 240,244 230 Sewer Reconstruction 316,278 - (5,587) 310,691 320 Measure W 6,440,019 - (13,969) 6,426,050 400 Section 115 OPEB Trust Fund 10,620,215 44,623 - 10,664,838 010 Section 115 Pension Stabilization Trust Fund (General Fund)2,518,966 13,750 - 2,532,716 510 Economic Development 3,505,767 21,063 (35,108) 3,491,722 530 IT & Equipment Replacement 2,559,555 - (230,714) 2,328,841 540 GIS Update 298,091 2,466 (92) 300,465 542 General Planning and Zoning Update 1,084,257 7,397 (58,809) 1,032,845 600 Building and Safety 287,093 101,454 (133,168) 255,379 602 Accessibility Compliance Fund 134,148 997 (4) 135,141 700 Debt Service - Public Facilities Corporation - - - - 710 Debt Service - Financing Authority (15,864) 6,092 - (9,772) 720 Debt Service - 2021 Transportation COPS 156 758,788 - 758,944 730 Debt Service - 2021 Pension Obligation Bonds 1,507 5 - 1,512 900 Community Development Block Grant (CDBG)(65,892) 650 (26,886) (92,128) 910 HOME Investment Partnership (41,157) - (8,956) (50,113) 944 Parking District No. 1 (1,738) - (1,638) (3,376) Successor Housing Agency:
974 Low and Moderate Income Housing Asset Fund 844,024 - (996) 843,028 TOTAL CITY OF BELLFLOWER 145,227,402$ 8,924,549$ (9,872,856)$ 144,279,095$ SUCCESSOR AGENCY:
RESTRICTED:
956 Successor Agency BUSD Trust 310,748$ 1,104$ -$ 311,852$ 970 Redevelopment Obligation Retirement Fund 457,221 1,460 - 458,681 972 Successor Agency Administration Fund 10,021 - (2,451) 7,570 TOTAL SUCCESSOR AGENCY 777,990$ 2,564$ (2,451)$ 778,103$ COMBINED TOTAL - CITY & SUCCESSOR AGENCY 146,005,392$ 8,927,113$ (9,875,307)$ 145,057,198$
CASH AND INVESTMENT BALANCES BY FUND
CITY OF BELLFLOWER AND BELLFLOWER SUCCESSOR AGENCY
(As of October 20, 2025)
TREASURER'S REPORT FOR THE MONTH OF September 2025
https://bellflowergcc.sharepoint.com/sites/fin/Shared Documents/AA/Treasurer's Reports/TR 25-26/TR 25-09- 2 -
PARK FACILITIES FEES
Revenues:
17,415.00$ July 11, 2025 Park Fac Fee/9324 Heiner St 39,858.36 September 2, 2025 Park Fac Fee/9252 Maple St 8,615.52 September 15, 2025 Park Fac Fee/10626 Felson St 65,888.88$
Project Expenditures:
-$
-$
PUBLIC FACILITIES FEES
Revenues:
1,332.00$ July 11, 2025 Public Fac Fee/9324 Heiner St 3,028.96 September 2, 2025 Public Fac Fee/9252 Maple St 654.72 September 15, 2025 Public Fac Fee/10626 Felson St 5,015.68$
Project Expenditures:
-$
-$
PUBLIC ARTS FEES
Revenues:
-$
-$
Project Expenditures:
-$
-$
PUBLIC SAFETY FACILITIES FEES
Revenues:
108.00$ July 11, 2025 Public Safety Fac Fee/9324 Heiner St 240.94 September 2, 2025 Public Safety Fac Fee/9252 Maple St
52.08 September 15, 2025 Public Safety Fac Fee/10626 Felson St 401.02$
Project Expenditures:
-$
-$
TRANSPORTATION FACILITIES FEES
Revenues:
3,969.00$ July 11, 2025 Transportation Fac Fee/9324 Heiner St 6,092.34 September 2, 2025 Transportation Fac Fee/9252 Maple St 1,316.88 September 15, 2025 Transportation Fac Fee/10626 Felson St 11,378.22$
Project Expenditures:
-$
-$
DEVELOPMENT IMPACT/OTHER FEES
Revenue and Expenditure Detail Report
(July 1, 2025 - September 30, 2025)
https://bellflowergcc.sharepoint.com/sites/fin/Shared Documents/AA/Treasurer's Reports/TR 25-26/TR 25-09- 3 -
PARK FACILITIES FEES
Revenues:
18,288.00$ July 15, 2024 Park Fac Fee/15109 Ryon
20,605.60 July 22, 2024 Park Fac Fee/13610 Clark 7,000.00 August 28, 2024 Park Fac Fee/8740 Cedar 20,605.60 October 23, 2024 Park Fac Fee/14037 Charlemagne 45,440.64 November 7, 2024 Park Fac Fee/16415 Cornuta 20,622.80 December 18, 2024 Park Fac Fee/9509 Prichard 36,576.00 January 23, 2025 Park Fac Fee/9720 Flower St 18,920.00 January 27, 2025 Park Fac Fee/15302 Leahy 7,176.45 March 4, 2025 Park Fac Fee/16620 Grand Ave 37,926.00 March 17, 2025 Park Fac Fee/9700 Mayne St 20,640.00 March 20, 2025 Park Fac Fee/14703 Betty Jean 30,043.86 April 18, 2025 Park Fac Fee/10236 Walnut 87,943.60 April 30, 2025 Park Fac Fee/16659 Chicago Ave 4,454.80 May 19, 2025 Park Fac Fee/17648 Downey Ave 376,243.35$
Project Expenditures:
16,800.00$ Park Master Plan
15,510.29 Simms Park Improvements
3,802.50 Constitution Park Improvements
117,575.86 Thompson Park Improvements
153,688.65$
PUBLIC FACILITIES FEES
Revenues:
1,185.00$ July 15, 2024 Public Fac Fee/15109 Ryon 3,277.80 July 17, 2024 Public Fac Fee/17640 Bellflower 1,569.38 July 22, 2024 Public Fac Fee/13610 Clark 1,569.38 October 23, 2024 Public Fac Fee/14037 Charlemagne 3,466.56 November 7, 2024 Public Fac Fee/16415 Cornuta 1,570.69 December 18, 2024 Public Fac Fee/9509 Prichard 2,370.00 January 23, 2025 Public Fac Fee/9720 Flower 1,441.00 January 27, 2025 Public Fac Fee/15302 Leahy 1,335.15 March 5, 2025 Public Fac Fee/9333 Rosecrans Ave 2,888.55 March 17, 2025 Public Fac Fee/9700 Mayne St 1,572.00 March 20, 2025 Public Fac Fee/14703 Betty Jean 6,698.03 April 30, 2025 Public Fac Fee/16659 Chicago Ave 339.29 May 19, 2025 Public Fac Fee/17648 Downey Ave 29,282.83$
Project Expenditures:
-$
-$
DEVELOPMENT IMPACT/OTHER FEES
Revenue and Expenditure Detail Report
(July 1, 2024 - June 30, 2025)
https://bellflowergcc.sharepoint.com/sites/fin/Shared Documents/AA/Treasurer's Reports/TR 25-26/TR 25-09- 4 -
DEVELOPMENT IMPACT/OTHER FEES
Revenue and Expenditure Detail Report
(July 1, 2024 - June 30, 2025)
PUBLIC ARTS FEES
Revenues:
16,000.00$ July 17, 2024 Public Arts Fee/17640 Bellflower 465.00 March 4, 2025 Public Arts Fee/16620 Grand Ave 11,000.00 March 5, 2025 Public Arts Fee/9333 Rosecrans Ave
25.90 May 19, 2025 Public Arts Fee/17648 Downey Ave 27,490.90$
Project Expenditures:
69,867.20$ Bellflower Gateway Sign
24,200.00 Veterans Memorial Modifications
94,067.20$
PUBLIC SAFETY FACILITIES FEES
Revenues:
4,006.20$ July 17, 2024 Public Safety Fac Fee/17640 Bellflower 119.80 July 22, 2024 Public Safety Fac Fee/13610 Clark
0.90 October 3, 2024 Public Safety Fac Fee/9119 Artesia 119.80 October 23, 2024 Public Safety Fac Fee/14037 Charlemagne 287.04 November 7, 2024 Public Safety Fac Fee/16415 Cornuta 119.90 December 18, 2024 Public Safety Fac Fee/9509 Prichard 110.00 January 27, 2025 Public Safety Fac Fee/15302 Leahy 1,631.85 March 5, 2025 Public Safety Fee/9333 Rosecrans Ave 220.50 March 17, 2025 Public Safety Fee/9700 Mayne St 120.00 March 20, 2025 Public Safety Fac Fee/14703 Betty Jean 1,946.74 April 18, 2025 Public Safety Fac Fee/10236 Walnut 511.30 April 30, 2025 Public Safety Fac Fee/16659 Chicago Ave 1,015.28 May 19, 2025 Public Safety Fee/17648 Downey Ave 10,209.31$
Project Expenditures:
-$
TRANSPORTATION FACILITIES FEES
Revenues:
63,079.44$ July 17, 2024 Transportation Fac Fee/17640 Bellflower 4,696.16 July 22, 2024 Transportation Fac Fee/13610 Clark 4,696.16 October 23, 2024 Transportation Fac Fee/14037 Charlemagne 6,933.12 November 7, 2024 Transportation Fac Fee/16415 Cornuta 4,700.08 December 18, 2024 Transportation Fac Fee/9509 Prichard 4,312.00 January 27, 2025 Transportation Fac Fee/15302 Leahy 25,694.22 March 5, 2025 Transportation Fac Fee/9333 Rosecrans Ave 8,643.60 March 17, 2025 Transportation Fac Fee/9700 Mayne St 4,704.00 March 20, 2025 Transportation Fac Fee/14703 Betty Jean 20,042.96 April 30, 2025 Transportation Fac Fee/16659 Chicago Ave 147,501.74$
Project Expenditures:
-$
https://bellflowergcc.sharepoint.com/sites/fin/Shared Documents/AA/Treasurer's Reports/TR 25-26/TR 25-09- 5 -
Beginning Disbursements/Ending Yield Type of Issuer of
Balance/Bond Prem.Balance/Par Market Interest (If Diff.)/Investment/Investment/Date of (Deficit)Deposits Amort./Discount (Deficit)Value Value Rate Steps Deposit Deposit Maturity CITY OF BELLFLOWER :
State of California
Local Agency Investment Fund (1)41,262,136$ -$ (3,500,000)$ 37,762,136$ N/A 37,835,001$ 4.212%See attached Pooled Money Investment Account Portfolio.
Detail report available at:
https://www.treasurer.ca.gov/pmia-laif/pmia/index.asp
Los Angeles County Pooled Investment Fund (5)139,693 1,549 - 141,242 N/A 137,603 3.500%See attached Los Angeles County Pooled Surplus Investments.
Detail report available at:
https://ttc.lacounty.gov/monthly-reports/
CalTrust / Local Agency Investment Pool (4)
-Liquidity Fund (City)43,949,053 156,049 - 44,105,102 N/A 44,105,102 4.240%Local Agency Investment Pool
Investment Trust of
California, dba CalTRUST
-Liquidity Fund (Deposit)53,649 190 - 53,839 N/A 53,839 4.240%Local Agency Investment Pool
Investment Trust of
California, dba CalTRUST
Cash / Investments Held By Bond Trustee -
Bank of New York Mellon Trust Company
-Dreyfus Treasury Securities Cash Management -
Institutional / (2008/2018) 2021 COPs
155 758,788 - 758,943 N/A 758,943 3.980%Money Market Fund Dreyfus N/A -Dreyfus Treasury Securities Cash Management -
Institutional / 2021 Pension Obligation Bonds
1,507 5 - 1,512 N/A 1,512 3.980%Money Market Fund Dreyfus N/A Cash / Investments Held By Trustee -
Bank of New York Mellon Trust Company
-Dreyfus Treasury Securities Cash Management -
Institutional / Water Infrastructure Trust Fund
- 1 - 1 N/A 1 3.980%Money Market Fund Dreyfus N/A
Cash / Investments Held By Custodian -
Bank of New York Mellon Trust Company
-Federal Home Loan Bank 2,500,000 - (2,500,000) - - - - U.S. Agency Bonds Federal Home Loan Bank 12/6/2027 -Federal Agricultural Mortgage Corporation 3,000,000 - - 3,000,000 3,000,000 2,998,950 4.640%U.S. Agency Bonds Federal Agricultural
Mortgage Corporation 12/23/2027
-Federal Home Loan Bank 4,000,000 - - 4,000,000 4,000,000 4,004,600 4.600%U.S. Agency Bonds Federal Home Loan Bank 6/9/2028 -Federal Home Loan Bank 3,000,000 - - 3,000,000 3,000,000 3,003,150 4.000%U.S. Agency Bonds Federal Home Loan Bank 8/21/2028 -Federal Farm Credit Banks Funding Corporation - 2,000,000 - 2,000,000 2,000,000 1,997,420 3.950%U.S. Agency Bonds Federal Farm Credit
Banks Funding 9/25/2028
-Federal Home Loan Mortgage Corporation 4,000,000 - (4,000,000) - - - - U.S. Agency Bonds Federal Home Loan
Mortgage Corporation 12/12/2028
-Federal Home Loan Bank - 3,000,000 - 3,000,000 3,000,000 2,994,690 4.050%U.S. Agency Bonds Federal Home Loan Bank 6/22/2029 -Federal Home Loan Bank 2,500,000 - - 2,500,000 2,500,000 2,503,225 4.050%U.S. Agency Bonds Federal Home Loan Bank 8/20/2029 -Federal Home Loan Bank 3,000,000 - - 3,000,000 3,000,000 3,014,400 4.500%U.S. Agency Bonds Federal Home Loan Bank 12/10/2029
CITY OF BELLFLOWER AND BELLFLOWER SUCCESSOR AGENCY
CASH AND INVESTMENTS BY TYPE
TREASURER'S REPORT FOR THE MONTH OF September 2025
Dollar Amount Invested
(As of October 20, 2025)
https://bellflowergcc.sharepoint.com/sites/fin/Shared Documents/AA/Treasurer's Reports/TR 25-26/TR 25-09- 6 -
Beginning Disbursements/Ending Yield Type of Issuer of
Balance/Bond Prem.Balance/Par Market Interest (If Diff.)/Investment/Investment/Date of (Deficit)Deposits Amort./Discount (Deficit)Value Value Rate Steps Deposit Deposit Maturity
CITY OF BELLFLOWER AND BELLFLOWER SUCCESSOR AGENCY
CASH AND INVESTMENTS BY TYPE
TREASURER'S REPORT FOR THE MONTH OF September 2025
Dollar Amount Invested
(As of October 20, 2025)
-Federal Home Loan Mortgage Corporation 4,000,000 - (4,000,000) - - - - U.S. Agency Bonds Federal Home Loan
Mortgage Corporation 12/13/2029
-Federal Home Loan Bank 3,000,000 - - 3,000,000 3,000,000 3,003,030 4.625%U.S. Agency Bonds Federal Home Loan Bank 12/18/2029 -Federal Agricultural Mortgage Corporation 4,000,000 - - 4,000,000 4,000,000 3,996,800 4.740%U.S. Agency Bonds Federal Agricultural
Mortgage Corporation 5/28/2030
-Federal Home Loan Bank 4,000,000 - (4,000,000) - - - - U.S. Agency Bonds Federal Home Loan Bank 6/17/2030 -
Dreyfus Treasury Securities Cash Management -
Institutional 6,978,948 9,707,476 - 16,686,424 N/A 16,686,424 3.980%Money Market Fund Dreyfus N/A
Charles Schwab Trust Bank
-Section 115 Pension Stabilization Trust
Investments / Mutual Funds 2,506,517 36,168 (21,984) 2,520,701 N/A 3,040,824 N/A Various Investments /
Mutual Funds
Various; Held by Charles
Schwab Trust N/A
Trust Cash 12,449 35,833 (36,267) 12,015 N/A 12,015 0.050%Trust Cash Account Charles Schwab Trust
Bank N/A
-Section 115 OPEB Trust
Investments / Mutual Funds 10,564,038 105,895 (60,003) 10,609,930 N/A 12,434,668 N/A Various Investments /
Mutual Funds
Various; Held by Charles
Schwab Trust N/A
Trust Cash 56,178 105,028 (106,297) 54,909 N/A 54,909 0.050%Trust Cash Account Charles Schwab Trust
Bank N/A
TOTAL INVESTMENTS 142,524,323 15,906,982 (18,224,551) 140,206,754 142,637,106 BANK DEPOSITS (2):
-General Operating Account (3)2,709,465 7,276,991 (5,911,256) 4,075,200 N/A 4,075,200 N/A Checking Account BMO N/A -Payroll Account (3)(11,257) 1,466,712 (1,465,096) (9,641) N/A (9,641) N/A Checking Account BMO N/A -Revolving Account (3)- 211,146 (211,146) - N/A - N/A Checking Account BMO N/A -Sec. 125 Flex Spending Account (3)10,832 - (539) 10,293 N/A 10,293 N/A Checking Account BMO N/A -Pooled Cash Allocated to SA (10,021) 2,450 - (7,571) N/A (7,571) N/A TOTAL BANK DEPOSITS 2,699,019 8,957,299 (7,588,037) 4,068,281 4,068,281 PETTY CASH 4,060 - - 4,060 N/A 4,060 N/A CITY -
TOTAL DEPOSITS AND INVESTMENTS 145,227,402$ 24,864,281$ (25,812,588)$ 144,279,095$ 146,709,447$ https://bellflowergcc.sharepoint.com/sites/fin/Shared Documents/AA/Treasurer's Reports/TR 25-26/TR 25-09- 7 -
Beginning Disbursements/Ending Yield Type of Issuer of
Balance/Bond Prem.Balance/Par Market Interest (If Diff.)/Investment/Investment/Date of (Deficit)Deposits Amort./Discount (Deficit)Value Value Rate Steps Deposit Deposit Maturity
CITY OF BELLFLOWER AND BELLFLOWER SUCCESSOR AGENCY
CASH AND INVESTMENTS BY TYPE
TREASURER'S REPORT FOR THE MONTH OF September 2025
Dollar Amount Invested
(As of October 20, 2025)
SUCCESSOR AGENCY:
BMO Business Checking Account (2) (3)41,018$ -$ -$ 41,018$ N/A 41,018$ N/A Checking Account BMO N/A CalTrust / Local Agency Investment Pool (4)
-Liquidity Fund (SA BUSD TRUST)310,748 1,103 - 311,851 N/A 311,851 4.240%Local Agency Investment Pool
Investment Trust of
California, dba CalTRUST
Cash / Investments Held By Bond Trustee -
Bank of New York Mellon Trust Company
-Taxable Tax Allocation Refunding Bonds, Series 2016
Dreyfus Treasury Securities Cash Management -
Institutional
416,203 1,460 - 417,663 N/A 417,663 3.980%Money Market Fund Dreyfus N/A TOTAL INVESTMENTS 767,969 2,563 - 770,532 770,532 Pooled Cash Account 10,021 - (2,450) 7,571 N/A 7,571 N/A
SUCCESSOR AGENCY -
TOTAL DEPOSITS AND INVESTMENTS 777,990$ 2,563$ (2,450)$ 778,103$ 778,103$
CITY & SUCCESSOR AGENCY -
TOTAL DEPOSITS AND INVESTMENTS 146,005,392$ 24,866,844$ (25,815,038)$ 145,057,198$ 147,487,550$ NOTES:
(1)Local Agency Investment Fund (LAIF) is a special fund of the California State Treasury through which local governments may pool investments. The market value factor is provided by LAIF on a quarterly basis as of March 31, June 30, September 30, and December 31. The intervening months' market values are estimates. (2)All bank deposits are insured up to $250,000 by the FDIC. Under the California Government Code, banks and savings are also required to secure the City's deposits by either (1) pledging government securities with market value of at least 110% of the deposits as collateral, or (2) pledging first trust deed mortgage notes having a value of at least 150% of the deposits. Bank deposits, CDs and money market account market values are the same as the carrying values. (3)Analysis account.
(4)CalTRUST is a joint powers authority formed by a number of public agencies in California to provide a method of pooling for investment purposes. (5)Los Angeles County Pooled Investment Fund is an investment pool managed by the L.A. County Treasurer. Market value and interest rate are estimates based on the preceding month's data.
A.The City's investment portfolio complies with the Statement of Investment Policy.
B.Based on the City's current cash and investment position and estimated cash flows, the City will meet its expenditure requirements for the next six months.
C.Interest rates and market values are provided on the monthly trustee, custody, investment, and investment pool statements and websites. https://bellflowergcc.sharepoint.com/sites/fin/Shared Documents/AA/Treasurer's Reports/TR 25-26/TR 25-09- 8 -
ACTUAL BUDGET
Fiscal Year Reporting FY 2025-26 Fiscal Year
2024-25 Month To Date 2025-26
Beginning Cash Balance 416,959$ 507,060$ 506,656$ 378,495$ Receipts:
SLESF Funding 232,113 - - 241,000 Interest 20,711 - - 13,000 Total Receipts 252,824 - - 254,000 Expenditures/Allocations:
L.A. County Sheriff's Department/
City Public Safety
General Law Cars (150,000) (45,544) (91,089) (250,000) Equipment Leases / Purchases (12,460) (10,658) (11,845) (51,000) Total Expenditures/Allocations (162,460) (56,202) (102,934) (301,000) Net Adjustment (Receivables & Payables)(667) 56,202 103,338 - Ending Cash Balance 506,656$ 507,060$ 507,060$ 331,495$ ACTUAL
(As of October 20, 2025)
TREASURER'S REPORT FOR THE MONTH OF September 2025
SUPPLEMENTAL LAW ENFORCEMENT SERVICES FUND - FUND NO. 050
STATEMENT OF RECEIPTS, ALLOCATIONS AND EXPENDITURES
https://bellflowergcc.sharepoint.com/sites/fin/Shared Documents/AA/Treasurer's Reports/TR 25-26/TR 25-09- 9 -
The City of Bellflower and Successor Agency invest funds in the State of California Local Agency Investment Fund and the Los Angeles County Pooled Investment Fund. The latest summary reports are attached, and the detail reports are available at:
State of California Local Agency Investment Fund:
Local Agency Investment Fund (LAIF)
http://www.treasurer.ca.gov/pmia-laif/laif/index.asp
Pooled Money Investment Account (PMIA)
http://www.treasurer.ca.gov/pmia-laif/pmia/index.asp
PMIA Market Valuation
https://www.treasurer.ca.gov/pmia-laif/reports/valuation.asp PMIA Selected Investment Data
https://www.treasurer.ca.gov/pmia-laif/performance/data.pdf Los Angeles County Pooled Investment Fund:
Los Angeles County Pooled Surplus Investments
https://ttc.lacounty.gov/monthly-reports/
CITY OF BELLFLOWER & BELLFLOWER SUCCESSOR AGENCY
TREASURER'S REPORT
https://bellflowergcc.sharepoint.com/sites/fin/Shared Documents/AA/Treasurer's Reports/TR 25-26/TR 25-09- 10 -
Carrying Cost Plus
Description Accrued Interest Purch. Amortized Cost Fair Value Accrued Interest United States Treasury:
Bills 39,599,745,147.02 $ $ 39,973,471,901.90 39,985,802,450.00 $ NA Notes 43,494,437,239.54 $ $ 43,477,478,895.29 43,720,178,000.00 $ 396,089,830.50 $ Federal Agency:
SBA 262,881,870.42 $ $ 262,768,178.80 260,243,125.97 $ 1,048,765.00 $ MBS-REMICs 986,577.07 $ $ 986,577.07 996,338.26 $ 4,303.86 $ Debentures 5,820,766,716.29 $ $ 5,820,766,716.29 5,837,507,030.00 $ 42,941,193.90 $ Debentures FR -$ $ --$ -$
Debentures CL 3,150,000,000.00 $ $ 3,150,000,000.00 3,162,895,050.00 $ 39,916,907.00 $ Discount Notes 34,045,057,208.42 $ $ 34,430,751,569.55 34,435,696,650.00 $ NA Supranational Debentures 3,735,297,997.63 $ $ 3,734,838,622.61 3,752,739,630.00 $ 27,482,975.50 $ Supranational Debentures FR -$ $ --$ -$
CDs and YCDs FR -$ $ --$ -$
Bank Notes 200,000,000.00 $ $ 200,000,000.00 199,956,589.25 $ 1,148,416.67 $ CDs and YCDs 15,550,000,000.00 $ 5,550,000,000.00 $ 1 15,553,645,102.15 $ 198,281,555.54 $ Commercial Paper 9,375,972,041.62 $ $ 9,473,396,736.20 9,476,638,541.63 $ NA Corporate:
Bonds FR -$ $ --$ -$
Bonds 943,615,108.85 $ $ 943,498,546.35 945,273,378.00 $ 9,127,182.15 $ Repurchase Agreements -$ $ --$ -$
Reverse Repurchase -$ $ --$ -$
Time Deposits 5,249,000,000.00 $ $ 5,249,000,000.00 5,249,000,000.00 $ NA PMIA & GF Loans 262,742,740.00 $ $ 262,742,740.00 262,742,740.00 $ NA TOTAL 161,690,502,646.86 $ 162,529,700,484.06 $ 162,843,314,625.26 $ 716,041,130.12 $ Fair Value Including Accrued Interest 163,559,355,755.38 $ Repurchase Agreements, Time Deposits, PMIA & General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value (carrying cost).
The value of each participating dollar equals the fair value divided by the amortized cost (1.001929581) As an example: if an agency has an account balance of $20,000,000.00, then the agency would report its participation in the LAIF valued at $20,038,591.61 or $20,000,000.00 x1.001929581 State of California
Pooled Money Investment Account
Market Valuation
9/30/2025
- 11 -
TYPE OF SECURITY AMOUNT ($) PORTFOLIO
PORTFOLIO FROM
PRIOR MONTH
Government
Bills 39,599,745 24.49 -1.66
Bonds 0 0.00 0
Notes 43,494,437 26.90 +0.79
Strips 0 0.00 0
Total Government 83,094,182 51.39 -0.87
Agency Debentures 12,968,947 8.02 +0.36
Certificates of Deposit 15,550,000 9.62 +0.52
Bank Notes 200,000 0.12 +0.06
Repurchases 0 0.00 0
Agency Discount Notes 34,045,057 21.06 +0.26
Time Deposits 5,249,000 3.25 +0.07
GNMAs 0 0.00 0
Commercial Paper 9,375,972 5.80 -0.37
Remics 987 0.00 0
Corporate Bonds 943,615 0.58 -0.03
PMIA Loans 262,743 0.16 0
GF Loans 0 0.00 0
Other 0 0.00 0
Reversed Repurchases 0 0.00 0
Total (All Types) 161,690,503 100.00
*Percentages may be off due to rounding.
INVESTMENT ACTIVITY September 2025 August 2025
NUMBER AMOUNT ($) NUMBER AMOUNT ($)
Pooled Money 1,040 51,798,317 890 44,196,710
Time Deposits 61 2,670,000 39 1,152,000
Other 2 290 2 688,965
Total 1,103 54,468,607 931 46,037,675
PMIA Monthly Average Effective Yield (%) 4.212 4.251
Year to Date Yield Last Day of Month (%) 4.241 4.255
POOLED MONEY INVESTMENT ACCOUNT
Selected Investment Data
Analysis of the Pooled Money Investment Account Portfolio (Dollars In Thousands)
September 30, 2025
*DIFFERENCE IN
PERCENT OF
*PERCENT OF
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THE LOS ANGELES COUNTY POOLED SURPLUS INVESTMENTS
The Treasurer and Tax Collector (Treasurer) of Los Angeles County has the delegated authority to invest funds on deposit in the County Treasury (Treasury Pool). As of August 31, 2025, investments in the Treasury Pool were held for local agencies including school districts, community college districts, special districts and discretionary depositors such as cities and independent districts in the following amounts:
The Treasury Pool participation composition is as follows:
Decisions on the investment of funds in the Treasury Pool are made by the County Investment Officer in accordance with established policy, with certain transactions requiring the Treasurer's prior approval. In Los Angeles County, investment decisions are governed by Chapter 4 (commencing with Section 53600) of Part 1 of Division 2 of Title 5 of the California Government Code, which governs legal investments by local agencies in the State of California, and by a more restrictive Investment Policy developed by the Treasurer and adopted by the Los Angeles County Board of Supervisors on an annual basis. The Investment Policy adopted on March 11, 2025, reaffirmed the following criteria and order of priority for selecting investments:
1. Safety of Principal
2. Liquidity
3. Return on Investment
The Treasurer prepares a monthly Report of Investments summarizing the status of the Treasury Pool, including the current market value of all investments. This report is submitted monthly to the Board of Supervisors. According to the Report of Investments dated September 30, 2025, the August 31, 2025, book value of the Treasury Pool was approximately $51.476 billion, and the corresponding market value was approximately $50.150 billion.
Local Agency
Invested Funds
(in billions)
County of Los Angeles and Special Districts $21.081 Schools and Community Colleges 27.016
Discretionary Participants 3.379
Total $51.476
Non-discretionary Participants 93.44%
Discretionary Participants:
Independent Public Agencies 6.43%
County Bond Proceeds and Repayment Funds 0.13%
Total 100.00%
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An internal controls system for monitoring cash accounting and investment practices is in place. The Treasurer's Compliance Auditor, who operates independently from the Investment Officer, reconciles cash and investments to fund balances daily. The Compliance Auditor’s staff also reviews each investment trade for accuracy and compliance with the Board adopted Investment Policy. On a quarterly basis, the County’s outside independent auditor (External Auditor) reviews the cash and investment reconciliations for completeness and accuracy. Additionally, the External Auditor reviews investment transactions on a quarterly basis for conformance with the approved Investment Policy and annually accounts for all investments.
The following table identifies the types of securities held by the Treasury Pool as of August 31, 2025:
Type of Investment % of Pool
Certificates of Deposit 4.27
U.S. Government and Agency Obligations 65.52
Bank Acceptances 0.00
Commercial Paper 30.20
Municipal Obligations 0.01
Corporate Notes & Deposit Notes 0.00
Repurchase Agreements 0.00
Asset Backed Instruments 0.00
Other 0.00
100.00
The Treasury Pool is highly liquid. As of August 31, 2025, approximately 47.00 % of the investments mature within 60 days, with an average of 552 days to maturity for the entire portfolio.
TreasPool Update
08/31/2025
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Investment Balance 08/31/25 51,476,552,015$
Market Value at 08/31/25 50,150,304,743$
Average Daily Balance 51,601,764,637$
Gains and Losses:
For the Month 0$
For the Past 12 Months 377,332$
Unrealized Gains and Losses on Transfers
between Portfolio for the Month -$
Earnings for the Month 153,816,788$
Earnings for the Past 12 Months 2,078,933,845$
Earnings Rate for the Month 3.50%
POOLED SURPLUS INVESTMENTS (PSI) EARNINGS REPORT
AUGUST 31, 2025
SCHEDULE B
TREASURER POOLED SURPLUS
INVESTMENTS PORTFOLIO
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