https://bellflowergcc.sharepoint.com/sites/fin/Shared Documents/AA/Treasurer's Reports/Staff Report for TR.docx 15-B
TO: Honorable Mayor and Members of the City Council
ATTENTION: Ryan Smoot, City Manager
FROM: Anna Garan, Director of Finance
SUBJECT: Consideration and possible action to receive and file the Investments Report for the month of May 2026.
DATE: June 22, 2026
EXECUTIVE SUMMARY
The Investment Policy requires the Director of Finance to provide the City Council with a monthly investments report that contains certain required information pursuant to Government Code Section 53646. The report also includes additional financial information pursuant to BMC Subsection 2.12.030.B.5, which requires the submission of monthly financial statements of the City’s receipts and disbursements to the City Council and City Manager. Furthermore, the investments 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 Investments Report; or
2) Alternatively, discuss and take other action related to this item.
FISCAL IMPACT
None
ATTACHMENT
Investments Report for the Month of May 2026 ............................................................. 2
- 1 -
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 56,113,845$ 8,950,694 (3,512,444)$ 61,552,095$ 011 General Fund Capital Projects 20,167,403 43,884 (162,267) 20,049,020 012 Public Projects 5,855,246 25,190 (7) 5,880,429 999 Cash Clearing Unallocated Interest 136,200 372,723 - 508,923 RESTRICTED:
Development Impact/Other Fees (revenue/expenditure details attached) 024 Park Facilities 1,616,491 - - 1,616,491 022 Public Facilities 71,235 - - 71,235 026 Public Safety Facilities 24,213 - - 24,213 028 Transportation Facilities 405,658 - - 405,658 020 Public Arts (27,538) - - (27,538) Other Funds/Funding
013 DOT Highway Relinquishment 3,736,797 - - 3,736,797 015 Transportation Development Act (TDA) Article 3 (69,000) - - (69,000) 030 Grant Projects (2,865,683) 2,175,723 (43,314) (733,274) 037 Drug Rehabilitation Program 269,218 - (7,333) 261,885 040 Public Educational Government (PEG) 1,058,414 12,814 - 1,071,228 050 California COPS 491,374 - (1,187) 490,187 070 Measure A Fund (217,834) - (19,580) (237,414) 090 Agency Fund/Refundable Deposits-Private Projects 1,916,065 66,976 (55,950) 1,927,091 100 Proposition A - Transportation 2,378,024 202,565 (120,469) 2,460,120 115 Measure M - Streets 3,526,315 - (251,817) 3,274,498 125 Measure R - Streets 1,850,836 - (322,399) 1,528,437 135 Proposition C - Streets 2,999,312 169,854 (87,440) 3,081,726 140 State Gas Tax - Streets 7,579,040 164,244 (111,407) 7,631,877 145 Road Maintenance and Rehabilitation Account (RMRA)9,766,726 199,919 (19,181) 9,947,464 150 Air Quality Management District Fees 205,242 26,015 - 231,257 230 Sewer Reconstruction 309,575 - - 309,575 320 Measure W 7,136,028 - (21,648) 7,114,380 400 Section 115 OPEB Trust Fund 11,349,854 566,747 (375,963) 11,540,638 010 Section 115 Pension Stabilization Trust Fund (General Fund) 2,673,647 1,908 - 2,675,555 510 Economic Development 3,330,344 196 (32,217) 3,298,323 530 IT & Equipment Replacement 1,466,675 - (50,730) 1,415,945 540 GIS Update 345,412 2,333 (1,876) 345,869 542 General Planning and Zoning Update 1,173,694 6,997 - 1,180,691 600 Building and Safety 248,485 120,404 (118,766) 250,123 602 Accessibility Compliance Fund 143,315 1,648 - 144,963 700 Debt Service - Public Facilities Corporation - - - - 710 Debt Service - Financing Authority (10,444) 6,201 - (4,243) 720 Debt Service - 2021 Transportation COPS 39 - - 39 730 Debt Service - 2021 Pension Obligation Bonds 271 1 - 272 900 Community Development Block Grant (CDBG)(219,816) 450 (86,278) (305,644) 910 HOME Investment Partnership (150,939) - (45,101) (196,040) 944 Parking District No. 1 9,132 1,444 (2,983) 7,593 Successor Housing Agency:
974 Low and Moderate Income Housing Asset Fund 732,883 112,771 (29,561) 816,093 TOTAL CITY OF BELLFLOWER 145,525,754$ 13,231,701 (5,479,918)$ 153,277,537$ SUCCESSOR AGENCY:
RESTRICTED:
956 Successor Agency BUSD Trust 319,003$ 1,015 -$ 320,018$ 970 Redevelopment Obligation Retirement Fund 48,804 27 - 48,831 972 Successor Agency Administration Fund 3,274 - (1,711) 1,563 TOTAL SUCCESSOR AGENCY 371,081$ 1,042 (1,711)$ 370,412$ COMBINED TOTAL - CITY & SUCCESSOR AGENCY 145,896,835$ 13,232,743 (5,481,629)$ 153,647,949$
CASH AND INVESTMENT BALANCES BY FUND
CITY OF BELLFLOWER AND BELLFLOWER SUCCESSOR AGENCY
(As of June 15, 2026)
INVESTMENTS REPORT FOR THE MONTH OF MAY 2026
https://bellflowergcc.sharepoint.com/sites/fin/Shared Documents/AA/Treasurer's Reports/TR 25-26/TR 26-05- 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 27,792.00 October 27, 2025 Park Fac Fee/8560 Ramona St 53,754.36 November 6, 2025 Park Fac Fee/9620 Belmont St 15,563.52 December 8, 2025 Park Fac Fee/9845 Liggett St 22,291.20 December 17, 2025 Park Fac Fee/13708 Cowley Ave 15,983.10 January 12, 2026 Park Fac Fee/9752 Glandon St 101,626.08 January 27, 2026 Park Fac Fee/17057 Bellflower Blvd 18,808.20 February 3, 2026 Park Fac Fee/9926 Potter St 19,350.00 February 4, 2026 Park Fac Fee/13836 Cornuta Ave 15,605.77 March 30, 2026 Park Fac Fee/9721 Laurel St 47,941.20 April 13, 2026 Park Fac Fee/16137-16141 Eucalyptus Ave 23,220.00 April 23, 2026 Park Fac Fee/10249 Park St 427,824.31$
Project Expenditures:
1,451.70$ Constitution Park Improvements
59,043.00 Friendship Square Public Sidewalk Improvements 60,494.70$
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 2,112.00 October 27, 2025 Public Fac Fee/8560 Ramona St 4,084.96 November 6, 2025 Public Fac Fee/9620 Belmont St 1,182.72 December 8, 2025 Public Fac Fee/9845 Liggett St 1,704.96 December 17, 2025 Public Fac Fee/13708 Cowley Ave 1,222.48 January 12, 2026 Public Fac Fee/9752 Glandon St 7,722.88 January 27, 2026 Public Fac Fee/17057 Bellflower Blvd 1,438.56 February 3, 2026 Public Fac Fee/9926 Potter St 1,480.00 February 4, 2026 Public Fac Fee/13836 Cornuta Ave 1,193.62 March 30, 2026 Public Fac Fee/9721 Laurel St 3,643.20 April 13, 2026 Public Fac/16137-16141 Eucalyptus Ave 5,696.83 April 13, 2026 Public Fac/10145 Artesia Pl 1,776.00 April 23, 2026 Public Fac Fee/10249 Park St 1,776.60 April 23, 2026 Public Fac Fee/10355 Alondra Blvd 40,050.49$
Project Expenditures:
-$
-$
PUBLIC ARTS FEES
Revenues:
4,000.00$ January 27, 2026 Public Arts Fee/17057 Bellflower Blvd 15,000.00 April 23, 2026 Public Arts Fee/10355 Alondra Blvd 19,000.00$
Project Expenditures:
-$
-$
DEVELOPMENT IMPACT/OTHER FEES
Revenue and Expenditure Detail Report
(July 1, 2025 - May 31, 2026)
https://bellflowergcc.sharepoint.com/sites/fin/Shared Documents/AA/Treasurer's Reports/TR 25-26/TR 26-05- 3 -
DEVELOPMENT IMPACT/OTHER FEES
Revenue and Expenditure Detail Report
(July 1, 2025 - May 31, 2026)
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 168.00 October 27, 2025 Public Safety Fac Fee/8560 Ramona St 324.94 November 6, 2025 Public Safety Fac Fee/9620 Belmont St
94.08 December 8, 2025 Public Safety Fac Fee/9845 Liggett St 138.24 December 17, 2025 Public Safety Fac Fee/13708 Cowley Ave
99.12 January 12, 2026 Public Safety Fee/9752 Glandon St 614.32 January 27, 2026 Public Safety Fee/17057 Bellflower Blvd 116.64 February 3, 2026 Public Safety Fee/9926 Potter Street 120.00 February 4, 2026 Public Safety Fee/13836 Cornuta Ave
96.78 March 30, 2026 Public Safety Fee/9721 Laurel St 289.80 April 13, 2026 Public Safety Fee/16137-16141 Eucalyptus Ave 6,887.36 April 13, 2026 Public Safety Fee/10145 Artesia Pl 144.00 April 23, 2026 Public Safety Fee10249 Park St 2,154.60 April 23, 2026 Public Safety Fee/10355 Alondra Blvd 11,648.90$
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 4,248.00 October 27, 2025 Transportation Fac Fee/8560 Ramona St 8,216.34 November 6, 2025 Transportation Fac Fee/9620 Belmont St 2,378.88 December 8, 2025 Transportation Fac Fee/9845 Liggett St 5,080.32 December 17, 2025 Transportation Fac Fee/13708 Cowley Ave 3,642.66 January 12, 2026 Transportation Fee/9752 Glandon St 15,533.52 January 27, 2026 Transportation Fee/17057 Bellflower Blvd 4,286.52 February 3, 2026 Transportation Fee/9926 Potter Street 4,410.00 February 4, 2026 Transportation Fee/13836 Cornuta Ave 3,556.67 March 30, 2026 Transportation Fee/9721 Laurel St 7,327.80 April 13, 2026 Transportation Fee/16137-16141 Eucalyptus Ave 100,622.61 April 13, 2026 Transportation Fee/10145 Artesia Pl 5,292.00 April 23, 2026 Transportation Fee/10249 Park St 34,284.60 April 23, 2026 Transportation Fee/10355 Alondra Blvd 210,258.14$
Project Expenditures:
-$
-$
https://bellflowergcc.sharepoint.com/sites/fin/Shared Documents/AA/Treasurer's Reports/TR 25-26/TR 26-05- 4 -
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 26-05- 5 -
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 26-05- 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 :
State of California
Local Agency Investment Fund (1)41,519,646$ 7,000,000$ -$ 48,519,646$ N/A 48,518,716$ 3.810%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)145,230 334 - 145,564 N/A 142,752 3.180%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) 45,116,455 143,527 - 45,259,982 N/A 45,259,982 3.740% Local Agency Investment Pool
Investment Trust of
California, dba CalTRUST
- Liquidity Fund (Deposit) 55,074 175 - 55,249 N/A 55,249 3.740% 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
39 - - 39 N/A 39 3.510% Money Market Fund Dreyfus N/A - Dreyfus Treasury Securities Cash Management -
Institutional / 2021 Pension Obligation Bonds
271 1 - 272 N/A 272 3.510% Money Market Fund Dreyfus N/A Cash / Investments Held By Custodian -
Bank of New York Mellon Trust Company
-Federal Home Loan Bank 3,000,000 - - 3,000,000 3,000,000 2,982,690 3.770%U.S. Agency Bonds Federal Home Loan Bank 6/15/2028 -Federal Home Loan Bank 3,000,000 - - 3,000,000 3,000,000 2,992,950 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 1,987,200 3.950%U.S. Agency Bonds Federal Farm Credit
Banks Funding 9/25/2028
-Federal Home Loan Mortgage Corporation 3,000,000 - - 3,000,000 3,000,000 2,962,350 3.500%U.S. Agency Bonds Federal Home Loan
Mortgage Corporation 11/17/2028
-Federal Home Loan Mortgage Corporation 3,000,000 - - 3,000,000 3,000,000 2,986,710 4.000%U.S. Agency Bonds Federal Home Loan
Mortgage Corporation 4/16/2029
-Federal Home Loan Bank 3,000,000 - - 3,000,000 3,000,000 2,990,160 4.170%U.S. Agency Bonds Federal Home Loan Bank 6/8/2029 -Federal Home Loan Bank 3,000,000 - - 3,000,000 3,000,000 2,988,360 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 2,492,275 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 2,996,820 4.500%U.S. Agency Bonds Federal Home Loan Bank 12/10/2029 -Federal Agricultural Mortgage Corporation 4,000,000 - - 4,000,000 4,000,000 3,977,760 4.740%U.S. Agency Bonds Federal Agricultural
Mortgage Corporation 5/28/2030
-Federal Home Loan Mortgage Corporation 3,000,000 - - 3,000,000 3,000,000 3,011,790 4.000%U.S. Agency Bonds Federal Home Loan
Mortgage Corporation 11/20/2030
CITY OF BELLFLOWER AND BELLFLOWER SUCCESSOR AGENCY
CASH AND INVESTMENTS BY TYPE
INVESTMENTS REPORT FOR THE MONTH OF MAY 2026
Dollar Amount Invested
(As of June 15, 2026)
https://bellflowergcc.sharepoint.com/sites/fin/Shared Documents/AA/Treasurer's Reports/TR 25-26/TR 26-05- 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
INVESTMENTS REPORT FOR THE MONTH OF MAY 2026
Dollar Amount Invested
(As of June 15, 2026)
-Federal Home Loan Mortgage Corporation 2,000,000 - - 2,000,000 2,000,000 1,980,600 4.000%U.S. Agency Bonds Federal Home Loan
Mortgage Corporation 12/16/2030
-Dreyfus Treasury Securities Cash Management -
Institutional 5,543,349 228,862 - 5,772,211 N/A 5,772,211 3.510%Money Market Fund Dreyfus N/A
Charles Schwab Trust Bank
- Section 115 Pension Stabilization Trust
Investments / Mutual Funds 2,655,501 1,870 - 2,657,371 N/A 3,478,894 N/A Various Investments /
Mutual Funds
Various; Held by Charles
Schwab Trust N/A
Trust Cash 18,146 2,493 (2,455) 18,184 N/A 18,184 0.010%Trust Cash Account Charles Schwab Trust
Bank N/A
- Section 115 OPEB Trust
Investments / Mutual Funds 11,275,650 7,843 - 11,283,493 N/A 14,348,959 N/A Various Investments /
Mutual Funds
Various; Held by Charles
Schwab Trust N/A
Trust Cash 74,204 569,156 (386,215) 257,145 N/A 257,145 0.010%Trust Cash Account Charles Schwab Trust
Bank N/A
TOTAL INVESTMENTS 140,903,565 7,954,261 (388,670) 148,469,156 152,202,068 BANK DEPOSITS (2):
-General Operating Account (3)4,603,009 12,398,244 (12,200,896) 4,800,357 N/A 4,800,357 N/A Checking Account BMO N/A -Payroll Account (3)(12,163) 1,350,634 (1,358,945) (20,474) N/A (20,474) N/A Checking Account
BMO N/A
-Revolving Account (3)- 203,315 (203,315) - N/A - N/A Checking Account BMO N/A -Sec. 125 Flex Spending Account (3)30,557 - (4,555) 26,002 N/A 26,002 N/A Checking Account BMO N/A - Pooled Cash Allocated to SA (3,274) 1,710 - (1,564) N/A (1,564) N/A TOTAL BANK DEPOSITS 4,618,129 13,953,903 (13,767,711) 4,804,321 4,804,321 PETTY CASH 4,060 - - 4,060 N/A 4,060 N/A CITY -
TOTAL DEPOSITS AND INVESTMENTS 145,525,754$ 21,908,164$ (14,156,381)$ 153,277,537$ 157,010,449$ https://bellflowergcc.sharepoint.com/sites/fin/Shared Documents/AA/Treasurer's Reports/TR 25-26/TR 26-05- 8 -
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
INVESTMENTS REPORT FOR THE MONTH OF MAY 2026
Dollar Amount Invested
(As of June 15, 2026)
SUCCESSOR AGENCY:
BMO Business Checking Account (2) (3)39,668$ -$ -$ 39,668$ N/A 39,668$ N/A Checking Account BMO N/A CalTrust / Local Agency Investment Pool (4)
- Liquidity Fund (SA BUSD TRUST) 319,003 1,015 - 320,018 N/A 320,018 3.740% 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
9,136 26 - 9,162 N/A 9,162 3.510% Money Market Fund Dreyfus N/A TOTAL INVESTMENTS 367,807 1,041 - 368,848 368,848 Pooled Cash Account 3,274 - (1,710) 1,564 N/A 1,564 N/A
SUCCESSOR AGENCY -
TOTAL DEPOSITS AND INVESTMENTS 371,081$ 1,041$ (1,710)$ 370,412$ 370,412$
CITY & SUCCESSOR AGENCY -
TOTAL DEPOSITS AND INVESTMENTS 145,896,835$ 21,909,205$ (14,158,091)$ 153,647,949$ 157,380,861$ 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 $250,000 by the FDIC. Under the California Government Code, banks and savings are also required to secure the City's deposits by either (1) pledging government securities with market value of at least 110% of the deposits as collateral, or (2) pledging first trust deed mortgage notes having a value of at least 150% of the deposits. Bank deposits, CDs and money market account market values are the same as the carrying values. (3)Analysis account.
(4)CalTRUST is a joint powers authority formed by a number of public agencies in California to provide a method of pooling for investment purposes. (5)Los Angeles County Pooled Investment Fund is an investment pool managed by the L.A. County Treasurer. Market value and interest rate are estimates based on the preceding month's data.
A.The City's investment portfolio complies with the Statement of Investment Policy.
B.Based on the City's current cash and investment position and estimated cash flows, the City will meet its expenditure requirements for the next six months.
C.Interest rates and market values are provided on the monthly trustee, custody, investment, and investment pool statements and websites. https://bellflowergcc.sharepoint.com/sites/fin/Shared Documents/AA/Treasurer's Reports/TR 25-26/TR 26-05- 9 -
ACTUAL BUDGET
Fiscal Year Reporting FY 2025-26 Fiscal Year
2024-25 Month To Date 2025-26
Beginning Cash Balance 416,959$ 491,374$ 506,656$ 506,656$ Receipts:
SLESF Funding 232,113 - 237,868 241,000 Interest 20,711 - 15,410 13,000 Total Receipts 252,824 - 253,278 254,000 Expenditures/Allocations:
L.A. County Sheriff's Department/
City Public Safety
General Law Cars (150,000) - (250,000) (250,000) Equipment Leases / Purchases (12,460) (1,187) (21,338) (51,000) Total Expenditures/Allocations (162,460) (1,187) (271,338) (301,000) Net Adjustment (Receivables & Payables)(667) - 1,591 - Ending Cash Balance 506,656$ 490,187$ 490,187$ 459,656$ ACTUAL
(As of June 15, 2026)
INVESTMENTS REPORT FOR THE MONTH OF MAY 2026
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 26-05- 10 -
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-investment#Reporting-documents Los Angeles County Pooled Investment Fund:
Los Angeles County Pooled Surplus Investments
https://ttc.lacounty.gov/monthly-reports/
CITY OF BELLFLOWER & BELLFLOWER SUCCESSOR AGENCY
INVESTMENTS REPORT
https://bellflowergcc.sharepoint.com/sites/fin/Shared Documents/AA/Treasurer's Reports/TR 25-26/TR 26-05- 11 -
State of California
Pooled Money Investment Account
Market Valuation
5/31/2026
Description
Carrying Cost Plus
Accrued Interest Purch. Fair Value Accrued Interest
United States Treasury:
Bills $ 49,526,023,152.71 $ 49,899,870,150.00 NA
Notes $ 51,645,484,612.87 $ 51,525,930,700.00 $ 507,402,510.50 Federal Agency:
SBA $ 299,097,191.51 $ 296,941,765.20 $ 1,002,302.30
MBS-REMICs $ 775,484.20 $ 779,821.48 $3,382.99
Debentures $ 4,271,502,750.50 $ 4,255,773,700.00 $ 38,880,873.10 Debentures FR $ -$ -$-
Debentures CL $ 2,400,000,000.00 $ 2,390,221,450.00 $ 18,940,661.00 Discount Notes $ 19,902,628,638.91 $ 20,060,009,900.00 NA Supranational:
Debentures $ 4,186,623,838.10 $ 4,162,433,600.00 $ 44,985,880.70 Debentures FR $ -$ -$-
Debentures CL $ 500,000,000.00 $ 499,860,900.00 $ 3,090,556.00 Discount Notes $ 5,555,709,611.14 $ 5,595,750,800.00 NA CDs and YCDs FR $ -$ -$ -
Bank Notes $ 600,000,000.00 $ 599,338,101.55 $ 6,887,916.67 CDs and YCDs $ 17,400,000,000.00 $ 17,392,778,592.54 $ 184,121,763.84 Commercial Paper $ 11,562,962,430.54 $ 11,649,639,777.73 NA Corporate:
Bonds FR $ -$ -$-
Bonds $ 1,072,501,225.28 $ 1,069,101,845.00 $ 8,192,664.44 Repurchase Agreements $ -$ -$ -
Reverse Repurchase $ -$ -$ -
Time Deposits $ 5,467,000,000.00 $ 5,467,000,000.00 NA
PMIA & GF Loans $ 235,475,543.00 $ 235,475,543.00 NA
TOTAL $ 174,625,784,478.76 $ 175,100,906,646.50 $ 813,508,511.54 Fair Value Including Accrued Interest $ 175,914,415,158.04 Repurchase Agreements, Time Deposits, PMIA & General Fund loans, and Reverse Repurchase agreements are carried at portfolio book value (carrying cost). - 12 -
TYPE OF SECURITY AMOUNT ($)
*PERCENT OF
PORTFOLIO
*DIFFERENCE IN
PERCENT OF
PORTFOLIO FROM
PRIOR MONTH
Government
Bills 49,526,023 27.92 -0.11
Bonds 0 0.00 0
Notes 54,414,596 30.67 +0.84
Strips 0 0.00 0
Total Government 103,940,619 58.59 +0.73
Agency Debentures 11,657,224 6.57 +0.36
Certificates of Deposit 17,400,000 9.81 -0.11
Bank Notes 600,000 0.34 +0.07
Repurchases 0 0.00 0
Agency Discount Notes 25,458,338 14.35 -0.88
Time Deposits 5,467,000 3.08 +0.10
GNMAs 0 0.00 0
Commercial Paper 11,562,962 6.52 -0.33
Remics 776 0.00 0
Corporate Bonds 1,072,501 0.61 +0.05
PMIA Loans 235,476 0.13 +0.01
GF Loans 0 0.00 0
Other 0 0.00 0
Reversed Repurchases 0 0.00 0
Total (All Types) 177,394,896 100.00
*Percentages may be off due to rounding.
INVESTMENT ACTIVITY May 2026 April 2026
NUMBER AMOUNT ($) NUMBER AMOUNT ($)
Pooled Money 921 45,770,099 1,175 58,186,174
Time Deposits 32 1,205,000 83 3,136,000
Other 9 1,010,481 5 958,046
Total 962 47,985,580 1,263 62,280,220
PMIA Monthly Average Effective Yield (%) 3.81 3.811
Year to Date Yield Last Day of Month (%) 4.021 4.044
POOLED MONEY INVESTMENT ACCOUNT
Selected Investment Data
Analysis of the Pooled Money Investment Account Portfolio (Dollars In Thousands)
May 31, 2026
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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 April 30, 2026, 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 May 31, 2026, the April 30, 2026, book value of the Treasury Pool was approximately $62.156 billion, and the corresponding market value was approximately $60.955 billion.
Local Agency
Invested Funds
(in billions)
County of Los Angeles and Special Districts $29.724 Schools and Community Colleges 28.842
Discretionary Participants 3.590
Total $62.156
Non-discretionary Participants 94.21%
Discretionary Participants:
Independent Public Agencies 5.67%
County Bond Proceeds and Repayment Funds 0.12%
Total 100.00%
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An internal controls system for monitoring cash accounting and investment practices is in place. The Treasurer's Compliance Auditor, who operates independently from the Investment Officer, reconciles cash and investments to fund balances daily. The Compliance Auditor’s staff also reviews each investment trade for accuracy and compliance with the Board adopted Investment Policy. On a quarterly basis, the County’s outside independent auditor (External Auditor) reviews the cash and investment reconciliations for completeness and accuracy. Additionally, the External Auditor reviews investment transactions on a quarterly basis for conformance with the approved Investment Policy and annually accounts for all investments.
The following table identifies the types of securities held by the Treasury Pool as of April 30, 2026:
Type of Investment % of Pool
Certificates of Deposit 4.50
U.S. Government and Agency Obligations 64.69
Bank Acceptances 0.00
Commercial Paper 30.77
Municipal Obligations 0.04
Corporate Notes & Deposit Notes 0.00
Repurchase Agreements 0.00
Asset Backed Instruments 0.00
Other 0.00
100.00
The Treasury Pool is highly liquid. As of April 30, 2026, approximately 44.85% of the investments mature within 60 days, with an average of 327 days to maturity for the entire portfolio.
TreasPool Update
04/30/2026
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Investment Balance 04/30/26 62,155,613,076$
Market Value at 04/30/26 60,955,030,266$
Average Daily Balance 60,447,482,656$
Gains and Losses:
For the Month -$
For the Past 12 Months 229,809$
Unrealized Gains and Losses on Transfers
between Portfolio for the Month -$
Earnings for the Month 158,582,670$
Earnings for the Past 12 Months 1,860,618,715$
Earnings Rate for the Month 3.18%
POOLED SURPLUS INVESTMENTS (PSI) EARNINGS REPORT
APRIL 30, 2026
SCHEDULE B
TREASURER POOLED SURPLUS
INVESTMENTS PORTFOLIO
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