Purchase Market Totals
Investment Summary: $ % Price (G/L) Per Trustee % Yield LAIF Accounts 166,400,000 $ 67.33% 166,400,000 $ 166,400,000 $ 4.33% Securities:
U. S. T-Notes & Bills 49,000,000 19.83% 48,338,477 48,945,550 Agencies 21,233,000 8.59% 20,868,925 21,120,745 Certificates of Deposits 490,000 0.20% 488,285 489,800 Commerical Paper 2,000,000 0.81% 1,972,252 1,981,484 Corporate Notes 8,000,000 3.24% 7,787,570 7,864,980
Subtotal Securities 80,723,000 32.67% 79,455,509 80,402,559 3.99% Subtotal LAIF Accounts & Securities 247,123,000$ 100.00% 245,855,509 246,802,559 4.20% Accrued Interest 1,882,074
Total Market Value 248,684,633
Total Bond Account Balances 4,636,092 4,636,092
Total Investments 250,491,601 $ 253,320,725 $
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 February 2025 for settlement in March 2025.
Greg Ramirez, City Manager / Treasurer Date Mark Uribe / Director of Finance Date City of Camarillo
Investment Report
Security Maturities / Totals at Par
February 28, 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
77.24%
+1-2 years
7.38% - $18.25m
+2-3 years
4.05% - $10.00m
+3-4 years
8.09% - $20.00m
+4-5 years
3.24% - $8.00m
Other
22.76%
INVESTMENT MATURITY SCHEDULE
Investments have a maturity of five years or less
$190,878,000
$56,245,000
Notes & Bills
19.83% - $49,000,000
LAIF - 67.33%
$166,400,000
Fed. Home Loan Bank
3.24% - $8.00m
Fed. Home Loan MC
0.81% - $2.00m
Fed. Farm Credit
4.54% - $11.23m
Corporate Note
3.24% - $8.00m
Commercial Paper
0.81% - $2.00m
Certificate of Deposit
0.20% - $490k
Investment by Type
03 / 10 / 2025
03 / 10 / 2025
Market Value Per LAIF
Purchase Balanc e Balance
Investment Balance Price 1/31/2025 Deposits Withdrawals 2/28/2025 Month Y-T-D Yield Total LAIF 166,400,000 166,400,000 173,200,000 (11,000,000) 4,200,000 166,400,000 - 5,255,596 1,247,319 4.33% Maturity or Market Value Per Trustee
Interest Purchase Call Purchase Balanc e Purchases Market Incr. Balanc e Investment Rate Date Date Par Value Price 1/31/2025 (Maturities) or (Decr) 2/28/2025 Month Y-T-D Yield U.S. Securities
Home Loan MC
1.500% 12/29/20 2/12/25 1,299,077 (1,300,000) 923 - 9,750 19,500 - 0.34% Home Loan MC 1.500% 12/29/20 2/12/25 699,503 (700,000) 497 - 5,250 10,500 - 0.35% Treasury Note 0.500% 2/12/21 3/31/25 1,500,000 1,510,371 1,491,405 - 4,140 1,495,545 - 3,750 3,132 0.33% Corporate Note - Amazon.com Inc. 3.000% 5/4/22 4/13/25 1,000,000 995,610 996,660 - 1,360 998,020 - 15,000 11,500 3.16% Corporate Note - Amazon.com Inc. 3.000% 5/4/22 4/13/25 1,000,000 995,970 996,660 - 1,360 998,020 - 15,000 11,500 3.14% Treasury Note 0.375% 2/12/21 4/30/25 1,500,000 1,501,934 1,486,035 - 4,530 1,490,565 - 2,813 1,880 0.34% Commercial Paper - MUFG 0.000% 1/22/25 5/15/25 2,000,000 1,972,252 1,974,551 - 6,933 1,981,484 - - - 4.48% Treasury Note 0.250% 9/30/21 5/31/25 2,000,000 1,964,219 1,973,760 - 6,760 1,980,520 - 2,500 1,250 0.75% Treasury Note 2.875% 9/28/23 6/15/25 2,000,000 1,924,297 1,989,320 - 2,180 1,991,500 - 28,750 12,005 5.21% Treasury Note 3.000% 12/21/22 7/15/25 2,000,000 1,945,547 1,988,460 - 2,080 1,990,540 - 60,000 7,459 4.13% Treasury Note 3.125% 12/21/22 8/15/25 2,000,000 1,951,172 1,987,780 - 1,600 1,989,380 31,250 62,500 2,417 4.11% Corporate Note - Walmart 3.900% 9/29/22 9/9/25 1,000,000 982,170 997,160 - 160 997,320 - 19,500 18,633 4.55% Certificate of Deposit 4.300% 9/29/22 9/29/25 245,000 244,265 244,746 - 93 244,838 - 5,311 4,507 4.41% Treasury Note 4.250% 9/28/23 10/15/25 2,000,000 1,967,813 1,999,320 - 680 2,000,000 - 42,500 31,992 5.09% Corporate Note - Microsoft 3.125% 3/17/22 11/3/25 1,000,000 1,024,730 990,940 - 1,150 992,090 - 15,625 10,243 2.36% Home Loan Bank 4.500% 2/7/23 12/12/25 2,000,000 2,035,620 2,007,720 - (2,880) 2,004,840 - 45,000 19,750 3.83% Fed Farm Credit Bank 4.000% 2/7/23 1/13/26 1,233,000 1,239,325 1,230,324 - 900 1,231,224 - 49,320 6,576 3.81% Fed Farm Credit Bank 4.375% 2/28/23 2/23/26 2,000,000 1,987,560 2,003,540 - (360) 2,003,180 43,750 87,500 1,944 4.60% Home Loan Bank 0.960% 5/4/22 3/5/26 2,000,000 1,843,900 1,931,380 - 5,900 1,937,280 - 9,600 9,387 3.14% Corporate Note - Berkshire Hathaway 3.125% 3/17/22 3/15/26 1,000,000 1,018,170 986,360 - 2,140 988,500 - 15,625 14,410 2.61% Corporate Note - Proctor & Gamble 1.000% 12/21/22 4/23/26 1,000,000 898,650 961,280 - 3,970 965,250 - 5,000 3,556 4.29% Treasury Note 3.625% 9/19/24 5/15/26 2,000,000 1,997,266 1,984,540 - 4,520 1,989,060 - 36,250 21,229 3.71% Fed Farm Credit Bank 4.375% 6/29/23 6/23/26 2,000,000 1,998,760 2,008,500 - 140 2,008,640 - 43,750 16,528 4.40% Treasury Note 4.500% 11/22/23 7/15/26 2,000,000 1,990,078 2,007,040 - 4,600 2,011,640 - 90,000 11,188 4.70% See Table 1:
Continued on next page
City of Camarillo
LAIF Interest
Report on the Local Agency Investment Fund & U.S. Government Securities February 28, 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 Valu e Price 1/31/2025 (Maturities) or (Decr) 2/28/2025 Month Y-T-D Yield Continued - U.S. Securities
Treasury Note 4.375% 9/19/24 8/15/26 2,000,000 2,027,109 2,003,680 - 5,380 2,009,060 43,750 43,750 3,384 3.63% Fed Farm Credit Bank 4.750% 9/28/23 9/1/26 2,000,000 1,988,240 2,015,800 - 2,580 2,018,380 - 47,500 47,500 4.97% Certificate of Deposit 4.250% 9/30/22 9/30/26 245,000 244,020 245,218 - (255) 244,962 - 5,249 4,336 4.36% Home Loan MC 0.800% 9/29/22 10/27/26 2,000,000 1,732,400 1,883,560 - 11,220 1,894,780 - 8,000 5,511 4.42% Treasury Note 4.375% 2/14/25 12/15/26 2,000,000 2,000,078 - 2,000,078 11,802 2,011,880 - - 18,269 4.37% Corporate Bond - VISA Inc. 1.900% 2/7/22 4/15/27 1,000,000 926,600 948,360 - 5,750 954,110 - 9,500 7,178 3.81% Treasury Note 2.375% 6/29/23 5/15/27 2,000,000 1,869,531 1,918,680 - 13,120 1,931,800 - 23,750 13,909 4.22% Home Loan Bank 4.625% 7/18/24 6/11/27 2,000,000 2,018,360 2,016,580 - 9,880 2,026,460 - 53,188 20,556 4.28% Fed Farm Credit Bank 4.125% 2/28/23 8/23/27 2,000,000 1,983,540 1,991,660 - 11,120 2,002,780 41,250 82,500 1,833 4.33% Corporate Note - Apple Inc. 3.000% 6/29/23 11/13/27 1,000,000 945,670 965,600 - 6,070 971,670 - 15,000 9,000 4.38% Treasury Note 3.500% 11/22/23 1/31/28 2,000,000 1,922,188 1,956,880 - 16,160 1,973,040 - 70,000 5,608 4.53% Treasury Note 3.500% 2/14/25 4/30/28 2,000,000 1,946,016 - 1,946,016 24,384 1,970,400 - - 23,398 4.41% Treasury Note 2.875% 1/22/25 5/15/28 2,000,000 1,909,219 1,913,120 - 19,920 1,933,040 - - 16,837 4.36% Treasury Note 4.125% 1/22/25 7/31/28 2,000,000 1,984,297 1,988,200 - 19,760 2,007,960 - 41,250 6,609 4.37% Treasury Note 2.875% 1/22/25 8/15/28 2,000,000 1,901,953 1,905,940 - 21,560 1,927,500 28,750 28,750 2,224 4.37% Treasury Note 4.625% 5/30/24 9/30/28 2,000,000 1,994,375 2,019,920 - 20,400 2,040,320 - 46,250 38,626 4.70% Treasury Note 4.875% 3/22/24 10/31/28 2,000,000 2,043,594 2,037,040 - 20,540 2,057,580 - 48,750 32,590 4.35% Treasury Note 4.375% 3/22/24 11/30/28 2,000,000 2,003,906 2,002,500 - 21,960 2,024,460 - 43,750 21,875 4.33% Treasury Note 3.750% 3/22/24 12/31/28 2,000,000 1,950,469 1,957,420 - 23,280 1,980,700 - 75,000 12,431 4.33% Treasury Note 4.000% 3/22/24 1/31/29 2,000,000 1,972,578 1,975,000 - 23,360 1,998,360 - 80,000 6,409 4.32% Treasury Note 5.250% 5/21/24 2/15/29 2,000,000 2,072,813 2,074,060 - 22,900 2,096,960 52,500 105,000 4,061 4.39% Treasury Note 4.125% 6/27/24 3/31/29 2,000,000 1,985,469 1,982,500 - 24,680 2,007,180 - 41,250 34,451 4.29% Treasury Note 4.500% 2/14/25 5/31/29 2,000,000 2,002,188 - 2,002,188 34,373 2,036,560 - - 22,500 4.47% Home Loan Bank 4.625% 7/18/24 6/8/29 2,000,000 2,041,960 2,018,180 - 24,040 2,042,220 - 55,243 21,326 4.14% Fed Farm Credit Bank 3.500% 9/20/24 9/10/29 2,000,000 1,999,260 1,924,520 - 26,440 1,950,960 - - 33,250 3.51% - - - - - - - 208,244 - -
Total U.S. Securities 80,723,000 79,455,509 75,980,478 3,948,281 473,799 80,402,559 256,250 1,817,217 634,755 3.99% Grand Total - LAIF & U.S. Securities 247,123,000 245,855,509 249,180,478 (7,051,719) 4,673,799 246,802,559 256,250 7,072,813 1,882,074 4.20% At 2/28/2025, the City's average earnings rate on all investments listed above was 4.20%, LAIF earnings rate was 4.33%, while 3.99% 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 246,802,559$ Security Type Par Purchase Price (1) Gain / (Loss) Net = (1) + (2) Total Accrued Interest 1,882,074 Home Loan MC 2,000,000 2,094,631 (94,631) 40,369 248,684,633$ FY 2024/25 Interest Prior to 2/2025 for Matured/Called Securities Fiscal Year Received
(2) Total Interest Earned
135,000
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 @ February 28, 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 4,635,970 316,072
1,353,014
594,672
1,859,033
504,860
507
7,812
Bank of New York Mellon Tax-Exempt MMKT* 122 - -
122
-
-
-
-
Total Investments per Bank & General Ledger
4,636,092 316,072
1,353,014
594,794
1,859,033
504,860
507
7,812
*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
February 28, 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