Purchase Market Totals
Investment Summary: $ % Price (G/L) Per Trustee % Yield LAIF Accounts 173,200,000$ 69.29% 173,200,000$ 173,200,000$ 4.37% Securities:
U. S. T-Notes & Bills 43,000,000 17.21% 42,390,195 42,642,600 Agencies 23,233,000 9.30% 22,963,557 23,030,344
Certificates of Deposits 490,000 0.20% 488,285 489,963 Commerical Paper 2,000,000 0.80% 1,972,252 1,974,551
Corporate Notes 8,000,000 3.20% 7,787,570 7,843,020
Subtotal Securities 76,723,000 30.71% 75,601,859 75,980,478 3.86% Subtotal LAIF Accounts & Securities 249,923,000$ 100.00% 248,801,859 249,180,478 4.19% Accrued Interest 1,292,534
Total Market Value 250,473,012
Total Bond Account Balances 4,629,748 4,629,748
Total Investments 253,431,607$ 255,102,760$
This investment report is in compliance with the following:
(1) All securities have a maturity of 5 years or less.
(2) Total Agency investments do not exceed 75% of the portfolio. (3) Total Investments for each Agency Issuer do not exceed 20% of the portfolio. (4) No agency transactions were locked in during January 2025 for settlement in February 2025.
Greg Ramirez, City Manager / Treasurer Date Mark Uribe / Director of Finance Date City of Camarillo
Investment Report
Security Maturities / Totals at Par
January 31, 2025
Compliance Report and Attestations
At Par
of Camarillo, we attest that sufficient investment liquidity and anticipated revenue are available to meet the next six (6) months' estimated expenditures.
All City investments are shown above and conform to the City Investment Policy. All investment transactions during this period are included in this report. As Treasurer and Director of Finance of the City
ATTESTATIONS
Investment Policy Check List
1 year or less
79.10%
+1-2 years
7.30% - $18.25m
+2-3 years
4.00% - $10.00m
+3-4 years
6.40% - $16.00m
+4-5 years
3.20% - $8.00m
Other
20.90%
INVESTMENT MATURITY SCHEDULE
Investments have a maturity of five years or less
$197,678,000
$52,245,000
Notes & Bills
17.21% - $43,000,000
LAIF - 69.29%
$173,200,000
Fed. Home Loan Bank
3.20% - $8.00m
Fed. Home Loan MC
1.60% - $4.00m
Fed. Farm Credit
4.50% - $11.23m
Corporate Note
3.20% - $8.00m
Commercial Paper
0.80% - $2.00m
Certificate of Deposit
0.20% - $490k
Investment by Type
02 / 12 / 2025
02 / 12 / 2025
Market Value Per LAIF
Purchase Balance Balance
Investment Balance Price 12/31/2024 Deposits Withdrawals 1/31/2025 Month Y-T-D Yield Total LAIF 173,200,000 173,200,000 168,100,000 18,973,205 (13,873,205) 173,200,000 1,773,205 5,255,596 664,956 4.37% Maturity or Market Value Per Trustee
Interest Purchase Call Purchase Balance Purchases Market Incr. Balance Investment Rate Date Date Par Value Price 12/31/2024 (Maturities) or (Decr) 1/31/2025 Month Y-T-D Yield U.S. Securities
Fannie Mae 1.625% 12/29/20 1/7/25 1,999,360 (2,000,000) 640 - 16,250 32,500 - 0.31% Home Loan MC 1.500% 12/29/20 2/12/25 1,293,000 1,354,353 1,295,775 - 3,302 1,299,077 - 9,750 9,154 0.34% Home Loan MC 1.500% 12/29/20 2/12/25 707,000 740,278 697,725 - 1,778 699,503 - 5,250 4,929 0.35% Treasury Note 0.500% 2/12/21 3/31/25 1,500,000 1,510,371 1,486,590 - 4,815 1,491,405 - 3,750 2,555 0.33% Corporate Note - Amazon.com Inc. 3.000% 5/4/22 4/13/25 1,000,000 995,610 995,030 - 1,630 996,660 - 15,000 9,000 3.16% Corporate Note - Amazon.com Inc. 3.000% 5/4/22 4/13/25 1,000,000 995,970 995,030 - 1,630 996,660 - 15,000 9,000 3.14% Treasury Note 0.375% 2/12/21 4/30/25 1,500,000 1,501,934 1,480,965 - 5,070 1,486,035 - 2,813 1,445 0.34% Commercial Paper - MUFG 0.000% 1/22/25 5/15/25 2,000,000 1,972,252 - 1,972,252 2,299 1,974,551 - - - 4.48% Treasury Note 0.250% 9/30/21 5/31/25 2,000,000 1,964,219 1,967,540 - 6,220 1,973,760 - 2,500 865 0.75% Treasury Note 2.875% 9/28/23 6/15/25 2,000,000 1,924,297 1,987,920 - 1,400 1,989,320 - 28,750 7,582 5.21% Treasury Note 3.000% 12/21/22 7/15/25 2,000,000 1,945,547 1,987,100 - 1,360 1,988,460 30,000 60,000 2,818 4.13% Treasury Note 3.125% 12/21/22 8/15/25 2,000,000 1,951,172 1,986,120 - 1,660 1,987,780 - 31,250 28,872 4.11% Corporate Note - Walmart 3.900% 9/29/22 9/9/25 1,000,000 982,170 996,500 - 660 997,160 - 19,500 15,383 4.55% Certificate of Deposit 4.300% 9/29/22 9/29/25 245,000 244,265 244,695 - 51 244,746 - 5,311 3,687 4.41% Treasury Note 4.250% 9/28/23 10/15/25 2,000,000 1,967,813 2,000,500 - (1,180) 1,999,320 - 42,500 25,453 5.09% Corporate Note - Microsoft 3.125% 3/17/22 11/3/25 1,000,000 1,024,730 989,570 - 1,370 990,940 - 15,625 7,639 2.36% Home Loan Bank 4.500% 2/7/23 12/12/25 2,000,000 2,035,620 2,004,340 - 3,380 2,007,720 45,000 45,000 12,250 3.83% Fed Farm Credit Bank 4.000% 2/7/23 1/13/26 1,233,000 1,239,325 1,230,719 - (395) 1,230,324 24,660 49,320 2,466 3.81% Fed Farm Credit Bank 4.375% 2/28/23 2/23/26 2,000,000 1,987,560 2,002,300 - 1,240 2,003,540 - 43,750 38,403 4.60% Continued on next page
See Table 1:
City of Camarillo
LAIF Interest
Report on the Local Agency Investment Fund & U.S. Government Securities January 31, 2025
Investment Report
Fiscal Year Received Accrued
Interest
U.S. Securities Interest
Fiscal Year Received Accrued
Interest
Maturity or Market Value Per Trustee
Interest Purchase Call Purchase Balance Purchases Market Incr. Balance Investment Rate Date Date Par Value Price 12/31/2024 (Maturities) or (Decr) 1/31/2025 Month Y-T-D Yield Continued - U.S. Securities
Home Loan Bank 0.960% 5/4/22 3/5/26 2,000,000 1,843,900 1,924,900 - 6,480 1,931,380 - 9,600 7,787 3.14% Corporate Note - Berkshire Hathaway 3.125% 3/17/22 3/15/26 1,000,000 1,018,170 984,660 - 1,700 986,360 - 15,625 11,806 2.61% Corporate Note - Proctor & Gamble 1.000% 12/21/22 4/23/26 1,000,000 898,650 958,570 - 2,710 961,280 - 5,000 2,722 4.29% Treasury Note 3.625% 9/19/24 5/15/26 2,000,000 1,997,266 1,983,440 - 1,100 1,984,540 - 36,250 15,622 3.71% Fed Farm Credit Bank 4.375% 6/29/23 6/23/26 2,000,000 1,998,760 2,002,700 - 5,800 2,008,500 - 43,750 9,236 4.40% Treasury Note 4.500% 11/22/23 7/15/26 2,000,000 1,990,078 2,007,120 - (80) 2,007,040 - 90,000 4,227 4.70% Treasury Note 4.375% 9/19/24 8/15/26 2,000,000 2,027,109 2,003,600 - 80 2,003,680 - - 40,421 3.63% Fed Farm Credit Bank 4.750% 9/28/23 9/1/26 2,000,000 1,988,240 2,015,400 - 400 2,015,800 - 47,500 39,583 4.97% Certificate of Deposit 4.250% 9/30/22 9/30/26 245,000 244,020 245,838 - (620) 245,218 - 5,249 3,537 4.36% Home Loan MC 0.800% 9/29/22 10/27/26 2,000,000 1,732,400 1,876,700 - 6,860 1,883,560 - 8,000 4,178 4.42% Corporate Bond - VISA Inc. 1.900% 2/7/22 4/15/27 1,000,000 926,600 945,390 - 2,970 948,360 - 9,500 5,594 3.81% Treasury Note 2.375% 6/29/23 5/15/27 2,000,000 1,869,531 1,915,160 - 3,520 1,918,680 - 23,750 10,235 4.22% Home Loan Bank 4.625% 7/18/24 6/11/27 2,000,000 2,018,360 2,015,740 - 840 2,016,580 - 53,188 12,847 4.28% Fed Farm Credit Bank 4.125% 2/28/23 8/23/27 2,000,000 1,983,540 1,989,760 - 1,900 1,991,660 - 41,250 36,208 4.33% Corporate Note - Apple Inc. 3.000% 6/29/23 11/13/27 1,000,000 945,670 965,450 - 150 965,600 - 15,000 6,500 4.38% Treasury Note 3.500% 11/22/23 1/31/28 2,000,000 1,922,188 1,953,900 - 2,980 1,956,880 35,000 70,000 193 4.53% Treasury Note 2.875% 1/22/25 5/15/28 2,000,000 1,909,219 - 1,909,219 3,901 1,913,120 - - 12,390 4.36% Treasury Note 4.125% 1/22/25 7/31/28 2,000,000 1,984,297 - 1,984,297 3,903 1,988,200 41,250 41,250 228 4.37% Treasury Note 2.875% 1/22/25 8/15/28 2,000,000 1,901,953 - 1,901,953 3,987 1,905,940 - - 26,563 4.37% Treasury Note 4.625% 5/30/24 9/30/28 2,000,000 1,994,375 2,018,440 - 1,480 2,019,920 - 46,250 31,511 4.70% Treasury Note 4.875% 3/22/24 10/31/28 2,000,000 2,043,594 2,035,700 - 1,340 2,037,040 - 48,750 25,048 4.35% Treasury Note 4.375% 3/22/24 11/30/28 2,000,000 2,003,906 2,000,540 - 1,960 2,002,500 - 43,750 15,144 4.33% Treasury Note 3.750% 3/22/24 12/31/28 2,000,000 1,950,469 1,954,840 - 2,580 1,957,420 - 75,000 6,630 4.33% Treasury Note 4.000% 3/22/24 1/31/29 2,000,000 1,972,578 1,972,340 - 2,660 1,975,000 40,000 80,000 221 4.32% Treasury Note 5.250% 5/21/24 2/15/29 2,000,000 2,072,813 2,072,820 - 1,240 2,074,060 - 52,500 48,505 4.39% Treasury Note 4.125% 6/27/24 3/31/29 2,000,000 1,985,469 1,980,080 - 2,420 1,982,500 - 41,250 28,104 4.29% Home Loan Bank 4.625% 7/18/24 6/8/29 2,000,000 2,041,960 2,017,780 - 400 2,018,180 - 55,243 13,618 4.14% Fed Farm Credit Bank 3.500% 9/20/24 9/10/29 2,000,000 1,999,260 1,923,620 - 900 1,924,520 - - 27,417 3.51% - - - - - - - 175,744 - -
Total U.S. Securities 76,723,000 75,601,859 70,112,266 5,767,721 100,491 75,980,478 232,160 1,560,967 627,578 3.86% Grand Total - LAIF & U.S. Securities 249,923,000 248,801,859 238,212,266 24,740,926 (13,772,714) 249,180,478 2,005,365 6,816,563 1,292,534 4.19% At 1/31/2025, the City's average earnings rate on all investments listed above was 4.19%, LAIF earnings rate was 4.37%, while 3.86% was the average purchase price yield to maturity on securities only.
Note: U.S. Security market values are provided by Bank of New York Mellon.
Total Market Value:
Table 1: Securities Matured Total US Securities 249,180,478$ Security Type Par Purchase Price (1) Gain / (Loss) Net = (1) + (2) Total Accrued Interest 1,292,534 Treasury Note 2,000,000 2,104,780 (104,780) 41,470 250,473,012$ FY 2024/25 Interest Prior to 1/2025 for Matured/Called Securities Fiscal Year Received
(2) Total Interest Earned
146,250
Accrued
Interest
Securities Interest
Assessment District Lease Revenue Revenue Revenue
Description
Original Bond / Note Issue Amount 5,766,065 15,915,000 9,555,000 31,295,000 7,630,000 18,900,000 11,800,000 Date of Bond / Note Issue 06/06/17 11/12/14 12/22/16 12/22/16 04/26/12 08/11/15 08/01/19 Date of Final Maturity 09/01/32 09/01/36 09/01/41 09/01/41 12/01/33 06/01/36 08/07/23 Interest Rates 2.45% 3.50% - 5.25% 1.62% - 5.00% 2.00% - 5.00% 1.00% - 4.25% 2.00% - 5.00% 2.00% - 5.00% Principal Outstanding @ January 31, 2025 3,392,525 10,565,000 7,205,000 25,765,000 3,685,000 12,600,000 - Next Principal Payment Due
Principal Payment Amount 387,160 670,000 305,000 755,000 355,000 840,000 - Principal Payment Due Date 09/01/25 09/01/25 09/01/25 09/01/25 12/01/25 06/01/25 - Next Two Interest Payments Due
1st Installment Amount 41,558 263,588 144,772 539,800 70,131 232,997 - 1st Installment Due 03/01/25 3/01/25 03/01/25 03/01/25 6/01/25 06/01/25 - 2nd Installment Amount 41,558 263,588 144,772 539,800 70,131 211,997 - 2nd Installment Due 09/01/25 09/01/25 09/01/25 09/01/25 12/01/25 12/01/25 - Type of Investment Total
U.S. Bank 4,629,626 316,071 1,348,422 594,670 1,859,025 503,146 506 7,786 Bank of New York Mellon Tax-Exempt MMKT* 122 - - 122 - - - - Total Investments per Bank & General Ledger 4,629,748 316,071 1,348,422 594,792 1,859,025 503,146 506 7,786 *Unspent bond proceeds from the refunded 2006 Tax-Exempt Housing bond as well as investment earnings.
City of Camarillo
Investment Report of Bond Account Balances
January 31, 2025
2019 PFA Water
Bonds
Successor Agency
Mello-Roos Bonds
CFD#1 2017 Bonds
2015 Camsan
Wastewater Bonds
2012 PFA Library
Bonds
2016 SA (C.D.C.)
Refunding Bonds,
Series B
2016 SA (C.D.C.)
Refunding Bonds,
Series A & A-T
2014 SA (C.D.C.)
Refunding Bonds