Cities Index.
08-16-2022 Searchable Packet

Cupertino City Council
August 16, 2022

Document
08-16-2022 Searchable Packet
Meeting
August 16, 2022
Body
Cupertino City Council
Pages
15
Original file
116.8 MB
Text extracted from the city's file for reading and search. Open the original on cupertino.legistar.com. That file is the official record.

CERTIFICATION
The Administrative Services Director hereby certifies to the accuracy of said records and to the availability of funds for payment.

CERTIFIED:

Kristina Alfaro, Director of Administrative Services
734
CC 08-16-2022
734 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
Main Account - Main Checking Account
Check
730453 06/17/2022 Open Accounts Payable ADTAXI | BAY AREA NEWS GROUP $1,249.00 Invoice Date Description Amount
0001338091 05/31/2022 Legal Advertising - 05/1/22-05/31/22 $1,249.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,249.00
730454 06/17/2022 Open Accounts Payable ALHAMBRA $215.30 Invoice Date Description Amount
4984729 051422 05/14/2022 Employee Drinking Water for QCC & Senior Center $117.32 21589707 060922 06/09/2022 Service Center - Employee Drinking Water $97.98 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$215.30
730455 06/17/2022 Open Accounts Payable AMERICAN PAYROLL

ASSOCIATION
$275.00
Invoice Date Description Amount
228768-2022 06/09/2022 2022 APA Membership - Giang $275.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$275.00
730456 06/17/2022 Open Accounts Payable Andre Duurvoort $230.00 Invoice Date Description Amount
AndreD061322 06/13/2022 AEE Annual Membership $230.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$230.00
730457 06/17/2022 Open Accounts Payable AT & T $124.44
Invoice Date Description Amount
5558-052822 05/28/2022 960 731-7142 555 8 $124.44
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$124.44
730458 06/17/2022 Open Accounts Payable AT&T $7,533.02
Invoice Date Description Amount
000018335461 06/12/2022 9391023221 (408-253-9200) 5/12/22-6/11/22 $53.20 000018335463 06/12/2022 9391023223 5/12/22-6/11/22 $73.72 000018335557 06/12/2022 9391023218 (238-371-7141) 5/12/22-6/11/22 $68.96 000018335558 06/12/2022 9391023217 (237-361-8095) 5/12/22-6/11/22 $87.54 000018335559 06/12/2022 9391023216 (233-281-5494) 5/12/22-6/11/22 ($14.55) 000018335560 06/12/2022 9391023215 (233-281-4421) 5/12/22-6/11/22 $89.55 000018336466 06/12/2022 911 Emergency Phone Lines -05/12/2022 - 06/11/2022 $165.26 000018335460-0 06/12/2022 City Clerk $25.10
000018335460-1 06/12/2022 BBF Golf - 0720858146 $459.44 000018335460-2 06/12/2022 BBF Park $459.44
000018335460-3 06/12/2022 City Hall $1,151.01
000018335460-4 06/12/2022 Service Center $102.04
000018335460-5 06/12/2022 720858352 $563.59
user: Vi Tran Pages: 1 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 735
CC 08-16-2022
735 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
000018335460-6 06/12/2022 Teleconnect: BTN0720858350 $459.44 000018335460-7 06/12/2022 4082558166 - Service Center Admin $25.04 000018335460-8 06/12/2022 Teleconnect: BTN0722762181 $563.59 000018335460-9 06/12/2022 2343448559 $1,887.96
000018335460-10 06/12/2022 Monte Vista - 0720858144 $563.59 000018335460-11 06/12/2022 Wilson Park $25.04
000018335460-12 06/12/2022 Street Maintenance $25.18
000018336428-0 06/12/2022 4087771305 | | 10185 N STELLING RD - Secure FAX $15.94 000018336428-1 06/12/2022 4087771306 | | 10185 N STELLING RD - Sheriff $15.80 000018336428-2 06/12/2022 4087771307 | | 10185 N STELLING RD - Sheriff $15.80 000018336428-3 06/12/2022 4087771311 | | 22221 MC CLELLAN RD - Environmental Education Cen
$20.95
000018336428-4 06/12/2022 4087771318 | | 10555 MARY AV - BUSY $31.80 000018336428-5 06/12/2022 4087771331 | | 21975 SAN FERNANDO AV - BBFKiosk Alarm$16.30 000018336428-6 06/12/2022 4087771340 | | 10555 MARY AV - Alarm- Service Center
$15.93
000018336428-7 06/12/2022 4087771344 | | 21251 STEVENS CREEK BL - SEN - FAX
$15.80
000018336428-8 06/12/2022 4087771345 - CH- PG&E Meter $15.95 000018336428-9 06/12/2022 4087771346 | | 21111 STEVENS CREEK BL - SPORTS Center - HVAC Lin
$15.95
000018336428-10 06/12/2022 4087771348 | | 10555 MARY AV - Alarm- Service Center
$17.10
000018336428-11 06/12/2022 4087771355 | | 10555 MARY AV - Mechanic Shop FAX
$15.80
000018336428-12 06/12/2022 4087773102 | | 10185 N STELLING RD - Museum/Spare
$15.80
000018336428-13 06/12/2022 4087773103 | | 10185 N STELLING RD - Museum/Spare
$15.80
000018336428-14 06/12/2022 4087773109 - FAX $15.80
000018336428-15 06/12/2022 4087773112 | | 21111 STEVENS CREEK BL - SPORTS- Fire Alarm
$17.43
000018336428-16 06/12/2022 4087773113 | | 21111 STEVENS CREEK BL - SPORTS- Fire Alarm
$16.04
000018336428-17 06/12/2022 4087773137 | | 10185 N STELLING RD - FAX QCC $15.80 000018336428-18 06/12/2022 4087773143 | | 21975 SAN FERNANDO AV - BBF - Retreat Alarm
$16.63
000018336428-19 06/12/2022 4087773145 | | 21975 SAN FERNANDO AV - BBFAlarm Golf Shed$15.95 000018336428-20 06/12/2022 4087773156 | | 21251 STEVENS CREEK BL - SENFAX Work Room$15.80 000018336428-21 06/12/2022 4087773164 | | 21111 STEVENS CREEK BL - Sports Fax
$15.95
000018336428-22 06/12/2022 4087773168 | | 21111 STEVENS CREEK BL - Sports Center Elevator
$15.95
000018336428-23 06/12/2022 4087773254 | | 21975 SAN FERNANDO AV - BBF - Golf Shed
$20.88
000018336428-24 06/12/2022 4087773258 | | 21975 SAN FERNANDO AV - BBF- $ODUP&DIp
$15.80
000018336428-25 06/12/2022 4087773287 - Comm Hall - Alarm $16.77 user: Vi Tran Pages: 2 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 736
CC 08-16-2022
736 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
000018336428-26 06/12/2022 4087773288 - Comm Hall - Fire Alarm $16.30 000018336428-27 06/12/2022 4087773293 - Comm Hall - Fire Alarm $15.80 000018336428-28 06/12/2022 4087773302 | | 21251 STEVENS CREEK BL - SENCredit Card Front D$15.80 000018336428-29 06/12/2022 4087773305 | | 21251 STEVENS CREEK BL - SENCredit Card Front D$15.80 000018336428-30 06/12/2022 4087773317 - CH- Finance CC VISA $15.95 000018336428-31 06/12/2022 4087773333 - CH- FAX downstairs $15.95 000018336428-32 06/12/2022 4087773365 | | 21251 STEVENS CREEK BL - RNA FAX
$15.80
000018336428-33 06/12/2022 4087773369 | | 21251 STEVENS CREEK BL - SENAlarm Line$17.14 000018336428-34 06/12/2022 4087773370 | | 21251 STEVENS CREEK BL - SENAlarm Line$16.03 000018336428-35 06/12/2022 4087773372 | | 21251 STEVENS CREEK BL - Trane Modem (HVAC)
$15.80
000018336428-36 06/12/2022 4087773387 | | 10555 MARY AV - FAX or Alarm $15.80 000018336428-37 06/12/2022 4087773388 | | 10555 MARY AV - FAX or Alarm $15.80 000018336428-38 06/12/2022 4087773399 | | 10555 MARY AV - FAX $15.99 000018336428-39 06/12/2022 4087773401 | | 20410 TOWN CENTER LN - FAX number at City Attorne
$15.80
000018336428-40 06/12/2022 4087773416 | | 21251 STEVENS CREEK BL - SENCr Card$15.80 000018336428-41 06/12/2022 4087773419 | | 21251 STEVENS CREEK BL - SENCr Card$15.80 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,746.24
560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash)
$53.20
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$81.32
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$4,636.46
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$15.80
730459 06/17/2022 Open Accounts Payable AT&T $2,625.74
Invoice Date Description Amount
000017010862 09/10/2021 9391051384 8/10/21-9/9/2021 $1,298.39 000018311661 06/10/2022 9391051384 5/10/22-6/9/22 $1,303.29 000015159197 08/12/2020 9391023221 (408-253-9200) 7/12/2020-8/11/2020 $24.06 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,502.40
560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash)
$24.06
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$99.28
730460 06/17/2022 Open Accounts Payable BOETHING TREELAND FARMS INC $429.18 Invoice Date Description Amount
SI-1317959 06/08/2022 Trees/ROW - Tulbaghia Violacea $429.18 user: Vi Tran Pages: 3 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 737
CC 08-16-2022
737 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$429.18
730461 06/17/2022 Open Accounts Payable Brian Bernasconi $2,050.00 Invoice Date Description Amount
06232022 06/23/2022 Summer Concert Series - June 23, 2022 $2,050.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,050.00
730462 06/17/2022 Open Accounts Payable Cathy Arias Law Trust Account $8,030.00 Invoice Date Description Amount
Cupertino060722 06/07/2022 Cupertino settlement contribution $8,030.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$8,030.00
730463 06/17/2022 Open Accounts Payable CINTAS CORP $1,088.41 Invoice Date Description Amount
5111211862 06/06/2022 Facilities - First Aid Kit Supplies $1,088.41 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,004.68
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$83.73
730464 06/17/2022 Open Accounts Payable COAST COUNTIES PETERBILT $226.26 Invoice Date Description Amount
01156655P 06/07/2022 Fleet - Coolant Reservoir $226.26
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$226.26
730465 06/17/2022 Open Accounts Payable COMCAST $2,200.44 Invoice Date Description Amount
3310-060722 06/07/2022 8155 40 065 0183310 - 060722 $2,200.44 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$249.41
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$736.53
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$1,214.50
730466 06/17/2022 Open Accounts Payable COUNTY OF SANTA CLARA $1,290,697.25 Invoice Date Description Amount
1800081709 06/01/2022 Advance for Law Enforcement Svs (JUNE 2022) $1,290,457.25 1800081649 05/27/2022 LIVESCAN Services APR22 $240.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,290,697.25
user: Vi Tran Pages: 4 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 738
CC 08-16-2022
738 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
730467 06/17/2022 Open Accounts Payable DEPARTMENT OF JUSTICE $1,248.00 Invoice Date Description Amount
583335 06/03/2022 Finger Print Apps MAY 2022 $1,248.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,248.00
730468 06/17/2022 Open Accounts Payable Devil Mountain Wholesale Nursery $6,564.65 Invoice Date Description Amount
13043/3 06/10/2022 Trees/ROW - Koelreuteria Bipinnata STD 15 $1,845.91 13044/3 06/10/2022 Trees/ROW - Acer Buergerianum, Lager, Ginkgo $4,718.74 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$6,564.65
730469 06/17/2022 Open Accounts Payable Elcor Electric, Inc. $1,022.00 Invoice Date Description Amount
7472 04/18/2022 Facilities - Service Center Concrete Patchback for Generator
$1,022.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,022.00
730470 06/17/2022 Open Accounts Payable Elizabeth Viajar $219.75 Invoice Date Description Amount
Viajar060422 06/04/2022 2022 GFOA Conference $219.75
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$219.75
730471 06/17/2022 Open Accounts Payable EMC Planning Group, Inc. $37,709.46 Invoice Date Description Amount
22-091 02/28/2022 Housing Element Update 2023-31 Consultant 2022/02 $2,239.80 22-216 04/30/2022 Housing Element Update 2023-31 Consultant 2022/04 (ENV-812)
$1,025.58
22-231 04/30/2022 Housing Element Update 2023-31 Consultant 2022/04 (GP-090)
$34,444.08
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$37,709.46
730472 06/17/2022 Open Accounts Payable ENTERPRISE FM TRUST $1,718.19 Invoice Date Description Amount
FBN4463975 05/04/2022 Fleet - July - Sept 2022 2021 Ford Escape Vin#79773 $1,718.19 Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$1,718.19
730473 06/17/2022 Open Accounts Payable European Rolling Shutters $7,341.34 Invoice Date Description Amount
0080553 05/31/2022 Facilities - Rolling Shutter/Hardwired Motor $4,861.73 0080552 05/31/2022 Facilities - New Rails and Slats $2,479.61 Paying Fund Cash Account Amount
user: Vi Tran Pages: 5 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 739
CC 08-16-2022
739 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$7,341.34
730474 06/17/2022 Open Accounts Payable FEDEX $77.83
Invoice Date Description Amount
7-776-55686 06/03/2022 FEDEX Services - IT $77.83
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$77.83
730475 06/17/2022 Open Accounts Payable FOSTER BROS SECURITY

SYSTEMS INC
$654.99
Invoice Date Description Amount
1761 06/07/2022 Facilities - City Hall Door Closer Handed $549.99 i2733 06/14/2022 Facilities - Sports Center Adjusted look alike Jackson $105.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$549.99
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$105.00
730476 06/17/2022 Open Accounts Payable Global Knowledge Training LLC $560.50 Invoice Date Description Amount
22217624 06/02/2022 Marilyn Microsoft Word - Level 2 $295.00 22215880 05/11/2022 Andy - Microsoft Excel 2016/2019 - Level 3 / Advanced $265.50 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$560.50
730477 06/17/2022 Open Accounts Payable JOHN THOMPSON TREE EXPERT $10,300.00 Invoice Date Description Amount
6-13-22 06/13/2022 take down large dead pine trees $10,300.00 Paying Fund Cash Account Amount
560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash)
$10,300.00
730478 06/17/2022 Open Accounts Payable Jumaini Judoprasetijo $40.00 Invoice Date Description Amount
Jumaini060322 06/03/2022 Laptop case reimbursement $40.00 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$40.00
730479 06/17/2022 Open Accounts Payable KITCHELL CEM, INC. $800.00 Invoice Date Description Amount
106132 06/13/2022 Citywide FCA Phase 2 through 050122-053122 $800.00 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$800.00
730480 06/17/2022 Open Accounts Payable MAHAN AND SONS INC $1,400.00 Invoice Date Description Amount
1889 06/03/2022 Grounds: Varian Park May Maintenance $1,400.00 Paying Fund Cash Account Amount
user: Vi Tran Pages: 6 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 740
CC 08-16-2022
740 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,400.00
730481 06/17/2022 Open Accounts Payable MisterSofteeNorCal $833.85 Invoice Date Description Amount
1791 06/15/2022 2022 Employee Service Awards $833.85
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$833.85
730482 06/17/2022 Open Accounts Payable Mountain View Garden Center $46.87 Invoice Date Description Amount
110353 06/08/2022 Grounds: topsoil $46.87
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$46.87
730483 06/17/2022 Open Accounts Payable NAPA AUTO PARTS $1,093.95 Invoice Date Description Amount
118523 08/27/2021 credits for blades, bearings, cones ($118.22) 671826 06/08/2022 Fleet - Windshield, Spare Lock Pin, Ratchet $287.04 671821 06/08/2022 Fleet - Blue DEF 55gal $925.13
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$1,093.95
730484 06/17/2022 Open Accounts Payable NAPA AUTO PARTS $282.22 Invoice Date Description Amount
5983-764612 06/09/2022 Fleet - Valvoline High Performance 85W140 $130.82 5983-764536 06/09/2022 Fleet - Belt-Alternator $14.69
5983-764361 06/09/2022 Fleet - Gold Air Filter $136.71
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$282.22
730485 06/17/2022 Open Accounts Payable NEW PIG CORPORATION $1,244.02 Invoice Date Description Amount
23644180-00 05/09/2022 Streets - Barrier Wall End, Berm Barrier, Vinyl Cement $1,244.02 Paying Fund Cash Account Amount
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$1,244.02
730486 06/17/2022 Open Accounts Payable OCCUPATIONAL HEALTH

CENTERS OF CALIFORNIA
$755.00
Invoice Date Description Amount
75520226 06/01/2022 TB Screening - B. Chen, A, Gopal, P. Rosario, D.

Shao, S. Annamb
$160.00
74923724 05/31/2022 TB test - L.Matsumoto $32.00
75451975 05/25/2022 TB Test-N. Radle, P. Bassan, T. Zheng, I. Guzman, V.

Kartik, etc
$467.00
75594240 06/08/2022 TB Test- J. Ray, Y. Lee, M. Farry $96.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$755.00
user: Vi Tran Pages: 7 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 741
CC 08-16-2022
741 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
730487 06/17/2022 Open Accounts Payable QUADIENT, INC. $80.46 Invoice Date Description Amount
59235215 04/23/2022 Standard Maintenance for Postage Machine (5/23/22- 8/22/22)
$80.46
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$80.46
730488 06/17/2022 Open Accounts Payable Rodan Builders, Inc. $114,079.54 Invoice Date Description Amount
14C 05/03/2022 Library Expansion Construction Payment through 4/30/2022
$114,079.54
Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$114,079.54
730489 06/17/2022 Open Accounts Payable SAN JOSE WATER COMPANY $75,514.75 Invoice Date Description Amount
Import - 896501 05/25/2022 0068410000-1 - 22221 McClellan 8302 $1,822.12 Import - 896502 05/25/2022 0134100000-6 - 8303 Memorial Park $3,245.64 Import - 896503 05/25/2022 0345710000-0 - Alderbrook Ln.FS $117.79 Import - 896504 05/25/2022 0645365732-9 - City of Cupertino Portable Meter $430.36 Import - 896505 05/25/2022 0677310000-0 - 10300 Torre Ave LS (Comm.Hall) $857.91 Import - 896506 05/25/2022 1198300000-8 - 21979 San Fernando Ave. 6620 $224.06 Import - 896507 05/25/2022 1250520000-1 - 6620 Blackberry/Snack $414.94 Import - 896508 05/25/2022 1393820000-6 - Irrig SC/Stelling LS (Stev Crk Blvd) $114.63 Import - 896509 05/25/2022 1444810000-9 - Hyannisport Dr. LS $2,764.93 Import - 896510 05/25/2022 1735700000-3 - 8303 Memorial Park Restroom $256.78 Import - 896511 05/25/2022 1787904559-3 - 22221 McClellan 8302 $380.57 Import - 896512 05/25/2022 1832500000-0 - Ruppell PL LS $2,918.30 Import - 896513 05/25/2022 1836700000-9 - 8322 Mary Mini Park $267.69 Import - 896514 05/25/2022 1987700000-0 - Alderbrook Ln LS $5,287.58 Import - 896515 05/25/2022 2228610000-7 - 21111 Stevens Crk LS $229.50 Import - 896516 05/25/2022 2243500000-9 - 10300 Ainsworth Dr.LS $1,865.65 Import - 896517 05/25/2022 2286120000-8 - 21251 Stevens Creek Blvd $73.90 Import - 896518 05/25/2022 2288800000-1 - Stokes Ave/8306 Somerset Park $654.92 Import - 896519 05/25/2022 2649300000-9 - 10300 Torre Ave. FS (Comm.Hall) $117.79 Import - 896520 05/25/2022 2787197813-9 - 8322 Stevens Creek Bl $76.44 Import - 896521 05/25/2022 2892070144-9 - 22221 McClellan 8320 $147.80 Import - 896522 05/25/2022 2958510000-0 - 10555 Mary Ave. $267.34 Import - 896523 05/25/2022 2974010000-2 - 21251 Stevens Creek Blvd $393.13 Import - 896524 05/25/2022 2984810000-3 - 8504 Alves and Stelling $289.50 Import - 896525 05/25/2022 3207400000-4 - 21710 McClellan 8312 $774.92 Import - 896526 05/25/2022 3296700000-4 - Irrig SC/Stelling LS (Stev Crk Blvd) $71.00 Import - 896527 05/25/2022 3322910000-4 - 8306 Somerset Park(Stokes Ave) $224.06 Import - 896528 05/25/2022 3530520000-4 - 21111 Stev.Crk Blvd 8510 $316.78 Import - 896529 05/25/2022 3612707315-7 - Stocklmeir Ct $1,547.38 Import - 896530 05/25/2022 3673220000-5 - Stev.Crk/Cupertino Rd. $71.00 Import - 896531 05/25/2022 3746710000-6 - 21111 Stev.Crk BL FS $116.13 Import - 896532 05/25/2022 3841010000-2 - 8507 Monta Vista Park $256.78 Import - 896533 05/25/2022 3856110000-9 - 8322 Stella Estates $71.00 Import - 896534 05/25/2022 3857710000-1 - 8322 Foothill/Cupertino Rd $233.32 user: Vi Tran Pages: 8 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 742
CC 08-16-2022
742 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
Import - 896535 05/25/2022 3900520000-9 - 10300 Torre Ave $502.29 Import - 896536 05/25/2022 3953083125-2 - Tuscany Pl $446.08 Import - 896537 05/25/2022 4103020000-4 - 6620 Blackberry/Snack $622.20 Import - 896538 05/25/2022 4227520000-6 - 8303 Memorial Park $649.47 Import - 896539 05/25/2022 4444250747-9 - Tuscany Pl $446.08 Import - 896540 05/25/2022 5122900000-8 - Portable Meter $443.86 Import - 896541 05/25/2022 5237400000-9 - Dumas Dr, LS $5,375.64 Import - 896542 05/25/2022 5356310000-6 - 8322 Stev.Crk/Median $224.06 Import - 896543 05/25/2022 5778910000-5 - 8504 Quinlan Ln.FS $73.90 Import - 896544 05/25/2022 5835000000-4 - 8322 Stelling/Alves $140.60 Import - 896545 05/25/2022 5929210000-1 - 8322 Ann Arbor Ct $151.50 Import - 896546 05/25/2022 5948100000-4 - Emerg Irrig/Golf/ 6640 BBF $8,316.49 Import - 896547 05/25/2022 5986710000-6 - 10300 Torre Ave. FS (Comm.Hall) $435.90 Import - 896548 05/25/2022 5997110000-9 - 7555 Barnhart Pl $2,576.83 Import - 896549 05/25/2022 6292600000-1 - 10800 Torre Ave LS $1,874.25 Import - 896550 05/25/2022 6405210000-1 - 8506 McClellan Ranch $158.26 Import - 896551 05/25/2022 6578520000-0 - 8322 Foothill/Alpine LS $167.86 Import - 896552 05/25/2022 6730700000-9 - 21975 San Fernando Av $316.42 Import - 896553 05/25/2022 6788620000-4 - 10555 Mary Ave. 8503 $316.78 Import - 896554 05/25/2022 6907100000-9 - Alderbrook Ln $203.44 Import - 896555 05/25/2022 6935200000-9 - 8303 Memorial Park $4,778.26 Import - 896556 05/25/2022 6973320000-5 - 8301 Linda Vista PK1 $518.57 Import - 896557 05/25/2022 7036000000-7 - 85 Stev.Crk/Mary LS $195.13 Import - 896558 05/25/2022 7054200000-8 - 8322 Phar Lap LS $92.27 Import - 896559 05/25/2022 7495200000-3 - 10300 Torre Ave FS $117.79 Import - 896560 05/25/2022 7630410000-1 - Salem Av.LS $151.50 Import - 896561 05/25/2022 7930000000-1 - 8322 Stelling/Christensen Dr. $156.95 Import - 896562 05/25/2022 8006810000-9 - 10450 Mann Dr $43.20 Import - 896563 05/25/2022 8065700000-8 - Peninsula and Fitzgerald Is $54.10 Import - 896564 05/25/2022 8270010000-9 - Janice Ave.LS $229.50 Import - 896565 05/25/2022 8427420000-9 - 8322 Foothill/Vista Knoll $140.60 Import - 896566 05/25/2022 8549600000-2 - Bubb Rd.LS $2,364.99 Import - 896567 05/25/2022 8647520000-1 - 10555 Mary Ave/Corp Yard FS $190.02 Import - 896568 05/25/2022 8755010000-9 - 10455 Miller Ave/Creekside $424.84 Import - 896569 05/25/2022 8879620000-9 - 8504 Christensen Dr $284.04 Import - 896570 05/25/2022 8886800000-6 - 8301 Linda Vista PK2 $638.57 Import - 896571 05/25/2022 9377600000-7 - 8307 Varian Park $1,129.43 Import - 896572 05/25/2022 9824500000-9 - 8322 Irrig SC/Stelling $429.66 Import - 896645 05/26/2022 1332100000-5 - Hyde Avenue $4,558.91 Import - 896646 05/26/2022 4012210000-7 - 22601 Voss Av 8304 $1,973.28 Import - 896647 05/26/2022 6296810000-8 - 8322 Stev.Crk Bl median $103.72 Import - 896648 05/26/2022 8287220000-9 - 8322 Stevens Cr/San Antonio Ls $109.17 Import - 896649 06/02/2022 0251610000-1 - 19500 Calle De Barcelona $87.63 Import - 896650 06/02/2022 1649600000-7 - Barrington Bridge Lane $1,378.96 Import - 896651 06/02/2022 2628900000-7 - Farallone Dr.LS $4,582.89 Import - 896652 06/02/2022 8148220000-3 - Sterling BL LS(Sterlinig BarnhartPk) $437.22 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$66,535.85
user: Vi Tran Pages: 9 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 743
CC 08-16-2022
743 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash)
$8,316.49
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$662.41
730490 06/17/2022 Open Accounts Payable SVA Architects, Inc. $5,091.00 Invoice Date Description Amount
59351 05/31/2022 Landscape Design for Library through 05312022 $5,091.00 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$5,091.00
730491 06/17/2022 Open Accounts Payable SYSCO - SAN FRANCISCO $2,897.26 Invoice Date Description Amount
550023471 06/03/2022 BBF Cafe - Food for Early June $2,897.26 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,897.26
730492 06/17/2022 Open Accounts Payable The Computing Technology Industry Association, Inc
$3,700.00
Invoice Date Description Amount
114,926 06/01/2022 Nidhi 2022-2023 CompTIA-PTI/Rutgers Certified Gov CIO Program 6/
$3,700.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,700.00
730493 06/17/2022 Open Accounts Payable The Cupertino Historical Society, Inc. $1,000.00 Invoice Date Description Amount
163 06/11/2022 Angel Island Sponsorship#2 $1,000.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,000.00
730494 06/17/2022 Open Accounts Payable UNITED SITE SERVICES INC. $492.78 Invoice Date Description Amount
114-13154878 06/08/2022 Trees/ROW - SWP 6-6 to 7-3-22 $492.78 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$492.78
730495 06/17/2022 Open Accounts Payable USGA CLUB MEMBERSHIP $150.00 Invoice Date Description Amount
43788868-2022 06/13/2022 ID#43788868 Facility Annual Membership $150.00 Paying Fund Cash Account Amount
560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash)
$150.00
730496 06/17/2022 Open Accounts Payable AEMETIS INC $37.58 Invoice Date Description Amount
310702 05/31/2022 The applicant overpaid for the license $37.58 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$37.58
user: Vi Tran Pages: 10 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 744
CC 08-16-2022
744 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
730497 06/17/2022 Open Accounts Payable Calibrated Consulting & Analytics $163.00 Invoice Date Description Amount
311193 06/13/2022 The applicant had a license already, this is a duplicate $163.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$163.00
730498 06/17/2022 Open Accounts Payable Cho, Sophia $57.00 Invoice Date Description Amount
Cho61022 06/10/2022 Live Scan and Fingerprinting Reimbursement $57.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$57.00
730499 06/17/2022 Open Accounts Payable 'HO5RVDULR3UHFLRXV.UL]LD $35.00 Invoice Date Description Amount
Delrosario52622 05/26/2022 Live Scan and Fingerprinting Reimbursement $35.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$35.00
730500 06/17/2022 Open Accounts Payable KAUR, INDERPREET $40.00 Invoice Date Description Amount
06012022KAURI 06/01/2022 Live Scan and Fingerprinting Reimbursement $40.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$40.00
730501 06/17/2022 Open Accounts Payable Kris Garcia $11.00 Invoice Date Description Amount
Garcia060922 06/09/2022 Live Scan and Fingerprinting Reimbursement $11.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$11.00
730502 06/17/2022 Open Accounts Payable LU, QUNFANG $3,000.00 Invoice Date Description Amount
261780 06/13/2022 18600 RALYA CT, ENCROACHMENT, 261780 $3,000.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,000.00
730503 06/17/2022 Open Accounts Payable Luam Osman $60.00 Invoice Date Description Amount
Osman051822 05/18/2022 Live Scan and Fingerprinting Reimbursement $60.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$60.00
730504 06/17/2022 Open Accounts Payable O'SULLIVAN, CARA $40.00 Invoice Date Description Amount
06012022CARAO 06/01/2022 Live Scan and Fingerprinting Reimbursement $40.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$40.00
user: Vi Tran Pages: 11 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 745
CC 08-16-2022
745 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
730505 06/17/2022 Open Accounts Payable SRIVASTAVA, DURGESH $1,000.00 Invoice Date Description Amount
277983 06/14/2022 10379 Krista Ct, Encroachment, 277983 $1,000.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,000.00
730506 06/17/2022 Open Accounts Payable Willson, Sean $57.00 Invoice Date Description Amount
Willson51922 05/19/2022 Live Scan and Fingerprinting Reimbursement $57.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$57.00
730507 06/17/2022 Open Accounts Payable WONG, NATHAN $62.00 Invoice Date Description Amount
05182022NWONG 05/18/2022 Live Scan and Fingerprinting Reimbursement $62.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$62.00
Type Check Totals: 55 Transactions $1,598,455.03
EFT
34502 06/13/2022 Open Accounts Payable EMPLOYMENT DEVEL DEPT $45,756.32 Invoice Date Description Amount
06032022 06/03/2022 CA State Tax pp 5/21/22-6/3/22 $45,756.32 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$45,756.32
34503 06/13/2022 Open Accounts Payable IRS $147,534.95
Invoice Date Description Amount
06032022 06/03/2022 Federal Tax pp 5/21/22-6/3/22 $147,534.95 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$147,534.95
34504 06/16/2022 Open Accounts Payable P E R S $501,214.66 Invoice Date Description Amount
06032022 06/03/2022 PERS pp 5/21/22-6/3/22 $501,214.66
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$501,214.66
34505 06/14/2022 Open Accounts Payable TASC $616.28
Invoice Date Description Amount
IN2412213 06/11/2022 HRA - Administration Fees 6/1/22-6/30/22 $616.28 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$616.28
34506 06/14/2022 Open Accounts Payable TASC $226.45
Invoice Date Description Amount
IN2412224 06/11/2022 FSA - Administration Fees 6/1/22-6/30/22 $226.45 Paying Fund Cash Account Amount
user: Vi Tran Pages: 12 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 746
CC 08-16-2022
746 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$226.45
34507 06/17/2022 Open Accounts Payable 3M COMPANY $4,104.82 Invoice Date Description Amount
9417095270 06/08/2022 Streets - Reflective Sheeting 4090DS White $4,104.82 Paying Fund Cash Account Amount
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$4,104.82
34508 06/17/2022 Open Accounts Payable 4 PAWS GOOSE CONTROL $1,850.00 Invoice Date Description Amount
1713 06/01/2022 Grounds - Goose Control Services May 2022 $1,850.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,850.00
34509 06/17/2022 Open Accounts Payable AIRGAS USA LLC $74.40 Invoice Date Description Amount
9984754826 11/30/2021 Fleet - Rent Lrg Cylinder $74.40
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$74.40
34510 06/17/2022 Open Accounts Payable ALL CITY MANAGEMENT

SERVICES
$16,048.48
Invoice Date Description Amount
78121 06/07/2022 Crossing Guard Services through 041422-043022 $99.68 78044 06/01/2022 School Crossing Guard Services through 051522- 052822
$15,948.80
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$16,048.48
34511 06/17/2022 Open Accounts Payable Amazon Capital Services $52.85 Invoice Date Description Amount
1YGJ-XNFL-HVMC 06/13/2022 Finance Small TV Monitor Wall Mount | RV TV Mount | $18.52 1VR4-QQK7-HK9H 06/13/2022 Front desk Ultra Cable Lock for Laptops and Other Devices (
$18.61
1VR4-QQK7-HKG4 06/13/2022 Front desk Masks 50 Pcs Disposable 3 Ply Earloop $15.72 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$52.85
34512 06/17/2022 Open Accounts Payable ANDERSON'S TREE CARE

SPECIALISTS, INC
$55,540.00
Invoice Date Description Amount
15587 05/23/2022 Grounds - Varian Park Raywood Ash $38,280.00 15586 06/07/2022 Grounds - Monta Vista Locus, Monterey Pine, Liquidambar
$17,260.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$55,540.00
user: Vi Tran Pages: 13 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 747
CC 08-16-2022
747 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
34513 06/17/2022 Open Accounts Payable Araza, Adam $1,786.77 Invoice Date Description Amount
AdamA06082022 06/08/2022 Adam - XPONENTIAL 2022 (Drone conference) $1,786.77 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$1,786.77
34514 06/17/2022 Open Accounts Payable B&H PHOTO VIDEO $13,555.04 Invoice Date Description Amount
202697509 06/02/2022 1x DTEN ME PRO 27" COLLABORATION TOUCH

DISPLAY/REG
$1,006.76
202725080 06/06/2022 Quote 1083467292 Axis Camera Station $12,548.28 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$12,548.28
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$1,006.76
34515 06/17/2022 Open Accounts Payable BANNER BANK $6,004.19 Invoice Date Description Amount
16-Ret 05/03/2022 Library Expansion Design/Build Retention Payment #16
$6,004.19
Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$6,004.19
34516 06/17/2022 Open Accounts Payable BKF ENGINEERS $11,217.72 Invoice Date Description Amount
22061020 06/12/2022 Pumpkin-Fiesta Storm Drain Project 042522-052222 $11,217.72 Paying Fund Cash Account Amount
210 - Storm Drain Improvement 210 100-100 (Cash & Investments Assets Operating Cash)
$11,217.72
34517 06/17/2022 Open Accounts Payable BRIAN GATHERS $55.00 Invoice Date Description Amount
BrianG060422 06/04/2022 Cell Phone Reimbursement - Brian G 5-5-22 to 6-4-22 $55.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$55.00
34518 06/17/2022 Open Accounts Payable CLEARBLU ENVIRONMENTAL $702.89 Invoice Date Description Amount
27675 06/06/2022 Streets - June 2022 Haz Mat Services $702.89 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$702.89
34519 06/17/2022 Open Accounts Payable CROWE LLP $1,000.00 Invoice Date Description Amount
741-2534818 06/10/2022 Professional Services MAY 2022 $1,000.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,000.00
user: Vi Tran Pages: 14 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 748
CC 08-16-2022
748 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
34520 06/17/2022 Open Accounts Payable CUPERTINO SUPPLY INC $226.10 Invoice Date Description Amount
291841 06/01/2022 Trees/ROW - 1-1/2 IPS Ball Valve $97.80 291828 06/01/2022 Trees/ROW - Tube Cutter, 2" 10MIL Tape, 1-1/2 COP CPLG
$128.30
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$226.10
34521 06/17/2022 Open Accounts Payable DASHER TECHNOLOGIES, INC. $2,608.73 Invoice Date Description Amount
367587 06/07/2022 HPE Software Technical Unlimited Support 6/4/2022 to 1/14/2024
$2,608.73
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$2,608.73
34522 06/17/2022 Open Accounts Payable EMS Bruel & Kjaer Inc $10,500.00 Invoice Date Description Amount
USR002751 03/31/2022 Contract Signature Fee per contract for Lehigh and Stevens Creek
$10,500.00
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$10,500.00
34523 06/17/2022 Open Accounts Payable EWING IRRIGATION PRODUCTS, INC.
$2,332.23
Invoice Date Description Amount
16821691 05/19/2022 Grounds - Credit for Invoice# 16811309 ($51.13) 16969324 06/06/2022 Grounds - Yara 21-7-17 Turf Royale $1,430.29 16944535 06/02/2022 Grounds - Quik Athletic Marking Chalk $188.59 16898693 05/27/2022 Grounds - Leaf Rake Handle $200.89
16824669 05/19/2022 Grounds - Turf Royale, Compression Coupling $563.59 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,332.23
34524 06/17/2022 Open Accounts Payable FOLGER GRAPHICS INC $460.51 Invoice Date Description Amount
132629 06/08/2022 Postcards: Air Sensors Size 6 x 8.5 $460.51 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$460.51
34525 06/17/2022 Open Accounts Payable GARDENLAND POWER

EQUIPMENT
$11,262.99
Invoice Date Description Amount
936385 06/01/2022 Fleet - Tiller $7,828.28
937880 06/08/2022 Trees/ROW helmet, apron, chaps, filters $978.18 937869 06/08/2022 Trees/ROW: articulated tools $1,645.51 937873 06/08/2022 Trees/ROW - Rake Small Handle, Chain Link, Chain Oil
$811.02
Paying Fund Cash Account Amount
user: Vi Tran Pages: 15 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 749
CC 08-16-2022
749 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,434.71
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$7,828.28
34526 06/17/2022 Open Accounts Payable Gilee Corral $217.38 Invoice Date Description Amount
GileeC052422 05/24/2022 Reimbursement for Earth Day Volunteers $217.38 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$217.38
34527 06/17/2022 Open Accounts Payable GIULIANI & KULL - SAN JOSE, INC. $5,000.00 Invoice Date Description Amount
16965 05/31/2022 City Hall Annex 10455 Torre Ave through 050122- 053122
$5,000.00
Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$5,000.00
34528 06/17/2022 Open Accounts Payable GRAINGER INC $74.09 Invoice Date Description Amount
9341604461 06/10/2022 Facilities - Sports Center V-Belt $74.09 Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$74.09
34529 06/17/2022 Open Accounts Payable GREEN HALO SYSTEMS, INC. $279.00 Invoice Date Description Amount
3659 06/08/2022 Waste tracking app Maintenance & City Fee June 2022 $279.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$279.00
34530 06/17/2022 Open Accounts Payable Health Care Employees Dental Trust $29,032.20 Invoice Date Description Amount
314441-314443 06/14/2022 June 2022 Dental Benefit $29,032.20 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$29,032.20
34531 06/17/2022 Open Accounts Payable HMH ENGINEERS INC $21,070.10 Invoice Date Description Amount
42882 06/06/2022 Orange Avenue Improvements through 05282022 $19,236.50 42799 06/03/2022 Regnart Creek Privacy Fencing through 05282022 $1,833.60 Paying Fund Cash Account Amount
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$19,236.50
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$1,833.60
34532 06/17/2022 Open Accounts Payable IMPERIAL SPRINKLER SUPPLY, INC
$2,966.46
Invoice Date Description Amount
5157690-00 06/10/2022 Grounds - Tee, Coupling, TBE Nipple $606.46 user: Vi Tran Pages: 16 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 750
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750 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
5125318-00 05/18/2022 Grounds - Single DB Wire Red, Black, White $1,803.94 5114689-00 06/08/2022 Trees/ROW - Rainbird 1" Brass Tee Sensor $556.06 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,966.46
34533 06/17/2022 Open Accounts Payable INTERSTATE TRAFFIC CONTROL

PRODUCTS, INC
$3,623.25
Invoice Date Description Amount
250968 06/09/2022 Streets - Plasticade 203W-A10HIP $3,728.13 243995 04/29/2021 Streets - Credit for Invoice# 243986 ($104.88) Paying Fund Cash Account Amount
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$3,623.25
34534 06/17/2022 Open Accounts Payable J.J.R.CONSTRUCTION INC. $50,409.22 Invoice Date Description Amount
22-056 05/27/2022 2022 Reconstruction of Sidewalks $50,409.22 Paying Fund Cash Account Amount
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$50,409.22
34535 06/17/2022 Open Accounts Payable KEVIN RIEDEN $59.02 Invoice Date Description Amount
KevinR061422 06/14/2022 Home Depot Supplies $59.02
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$59.02
34536 06/17/2022 Open Accounts Payable KIMBALL-MIDWEST $785.45 Invoice Date Description Amount
9951534 06/03/2022 Streets - Large & XL Black Gloves $785.45 Paying Fund Cash Account Amount
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$785.45
34537 06/17/2022 Open Accounts Payable LIFE INSURANCE COMPANY OF

NORTH AMERICA
$7,910.02
Invoice Date Description Amount
15487_060122 06/15/2022 June 2022 CIGNA $7,910.02
Paying Fund Cash Account Amount
641 - Compensated Absence/LTD 641 100-100 (Cash & Investments Assets Operating Cash)
$7,910.02
34538 06/17/2022 Open Accounts Payable Logik Systems, Inc $26,400.00 Invoice Date Description Amount
INV134676 05/26/2022 Subscription Logikcull Discovery Solution June 2022 - June 2023
$26,400.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$26,400.00
34539 06/17/2022 Open Accounts Payable Managed Health Network Inc $789.58 Invoice Date Description Amount
PRM-072087 05/17/2022 June 2022 EAP BENEFIT $789.58
user: Vi Tran Pages: 17 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 751
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751 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$789.58
34540 06/17/2022 Open Accounts Payable MOORE IACOFANO GOLTSMAN, INC.
$2,268.75
Invoice Date Description Amount
0075554 06/13/2022 Cupertino I-280 Trail CEQA through 050122-053122 $2,268.75 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$2,268.75
34541 06/17/2022 Open Accounts Payable NIDHI MATHUR $287.63 Invoice Date Description Amount
NidhiM061422 06/14/2022 Nidhi Cell Reimbursements 11-19-21 to 4-18-22 $287.63 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$287.63
34542 06/17/2022 Open Accounts Payable Nomad Transit LLC $71,736.35 Invoice Date Description Amount
INV001-5254 05/31/2022 Via Cupertino Shuttle for May 2022 $71,736.35 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$71,736.35
34543 06/17/2022 Open Accounts Payable ODP Business Solutions, LLC $173.27 Invoice Date Description Amount
245674754002 05/24/2022 Kitchen Supplies $21.58
245674754001 05/23/2022 Kitchen and Office Supplies $151.69 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$173.27
34544 06/17/2022 Open Accounts Payable Pakpour Consulting Group, Inc. $16,843.00 Invoice Date Description Amount
3800 06/06/2022 Stevens Creek Blvd Class IV Bikeway Ph. 2 through 050122-053122
$16,843.00
Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$16,843.00
34545 06/17/2022 Open Accounts Payable PAVEMENT ENGINEERING INC $11,142.50 Invoice Date Description Amount
2205-095 06/09/2022 Construction Management & Inspection 2021 through 050122-053122
$11,142.50
Paying Fund Cash Account Amount
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$11,142.50
34546 06/17/2022 Open Accounts Payable Robert Half $4,631.79 Invoice Date Description Amount
60107177 06/02/2022 Osman, Luam for Week-Ended 05/27/2022 $1,039.71 60114980 06/06/2022 Osman, Luam for Week-Ended 06/03/2022 $1,596.48 60178571 06/14/2022 Osman, Luam for Week-Ended 06/10/2022 $1,995.60 user: Vi Tran Pages: 18 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 752
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752 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$4,631.79
34547 06/17/2022 Open Accounts Payable SAFETY COMPLIANCE MANAGEMENT, INC.
$1,190.00
Invoice Date Description Amount
5158 04/30/2022 Training Confined Space Awareness, Hearing Conversation
$1,190.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,190.00
34548 06/17/2022 Open Accounts Payable SUNNYVALE FORD $252.69 Invoice Date Description Amount
FOCS845907 06/07/2022 Fleet - Wheel Alignment Vin# 19625 $252.69 Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$252.69
34549 06/17/2022 Open Accounts Payable SUNSTATE EQUIPMENT CO., LLC $125.00 Invoice Date Description Amount
10762098-002 05/31/2022 Streets - Excavator Return $125.00 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$125.00
34550 06/17/2022 Open Accounts Payable Superco Specialty Products $3,026.95 Invoice Date Description Amount
PSI449823 06/01/2022 Grounds - Pressure Wash In A Can, Auto Bahn Pipe Wrench
$1,245.53
PSI450835 02/24/2022 Grounds - One Step Heavy Duty Towels $216.25 PSI434143 02/14/2022 Trees/ROW: GRAFFITI BUSTER $256.04 PSI433635 02/09/2022 Fleet - Vision Pro Cordless Light, Constant Current $561.76 PSI436077 02/25/2022 Grounds - Graffiti Buster Aero 12/CS $494.11 PSI435052 02/21/2022 Grounds - True 316 Aerosol 1DZ/CS $253.26 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,465.19
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$561.76
34551 06/17/2022 Open Accounts Payable THE HARTFORD $11,526.15 Invoice Date Description Amount
656343696571 06/15/2022 June 2022 Life and AD&D Benefit $11,287.20 756343782998 06/15/2022 June 2022 $238.95
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$11,526.15
34552 06/17/2022 Open Accounts Payable The Home Depot Pro $744.44 Invoice Date Description Amount
690141221 06/09/2022 Facilities: battery pack, sawzall kit $744.44 Paying Fund Cash Account Amount
user: Vi Tran Pages: 19 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 753
CC 08-16-2022
753 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$744.44
34553 06/17/2022 Open Accounts Payable VALLEY OIL COMPANY $20,441.81 Invoice Date Description Amount
117186 06/02/2022 Fleet - Fuel $20,441.81
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$20,441.81
34554 06/17/2022 Open Accounts Payable Vision Service Plan (CA) $210.76 Invoice Date Description Amount
815201346 05/19/2022 June 2022 Vision Benefit $210.76
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$210.76
34555 06/17/2022 Open Accounts Payable Vision Service Plan (CA) $2,990.22 Invoice Date Description Amount
815201335 05/19/2022 June 2022 Vision Benefit $2,990.22 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,990.22
34556 06/17/2022 Open Accounts Payable Vision Service Plan (CA) $882.36 Invoice Date Description Amount
815217253 05/21/2022 June 2022 Vision Benefit $882.36
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$882.36
Type EFT Totals: 55 Transactions $1,131,820.82
Main Account - Main Checking Account Totals
Checks Status Count Transaction Amount Reconciled Amount user: Vi Tran Pages: 20 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 754
CC 08-16-2022
754 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
Open 55 $1,598,455.03 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 55 $1,598,455.03 $0.00
EFTs Status Count Transaction Amount Reconciled Amount
Open 55 $1,131,820.82 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Total 55 $1,131,820.82 $0.00
All Status Count Transaction Amount Reconciled Amount
Open 110 $2,730,275.85 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 110 $2,730,275.85 $0.00
Grand Totals:

Checks Status Count Transaction Amount Reconciled Amount Open 55 $1,598,455.03 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 55 $1,598,455.03 $0.00
EFTs Status Count Transaction Amount Reconciled Amount
Open 55 $1,131,820.82 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Total 55 $1,131,820.82 $0.00
All Status Count Transaction Amount Reconciled Amount
Open 110 $2,730,275.85 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 110 $2,730,275.85 $0.00
user: Vi Tran Pages: 21 of 21 Monday, June 20, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/11/2022 - To Payment Date: 6/17/2022 755
CC 08-16-2022
755 of 1555
RESOLUTION NO. 22-087

A RESOLUTION OF THE CUPERTINO CITY COUNCIL

RATIFYING CERTAIN CLAIMS AND DEMANDS PAYABLE IN THE

AMOUNTS AND FROM THE FUNDS AS HEREINAFTER DESCRIBED FOR

GENERAL AND MISCELLANEOUS EXPENDITURES FOR THE PERIOD
ENDING JUNE 27, 2022
WHEREAS, the Director of Administrative Services or her designated representative has certified to accuracy of the following claims and demands and to the availability of funds for payment hereof; and
WHEREAS, the said claims and demands have been audited as required by law.

NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby allow the following claims and demands in the amounts and from the funds as hereinafter set forth in the attached Payment Register.

PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 16th day of August, 2022 by the following vote:

Vote Members of the City Council
AYES:

NOES:

ABSENT:

ABSTAIN:

SIGNED:
________
Darcy Paul, Mayor
City of Cupertino
________________________
Date
ATTEST:
________
Kirsten Squarcia, City Clerk
________________________
Date
756
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756 of 1555
Resolution No. 22-XXX

Page 2 ends

CERTIFICATION
The Administrative Services Director hereby certifies to the accuracy of said records and to the availability of funds for payment.

CERTIFIED:

Kristina Alfaro, Director of Administrative Services
757
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
Main Account - Main Checking Account
Check
730508 06/24/2022 Open Accounts Payable 143 Photo Booths $150.00 Invoice Date Description Amount
07272022-1130-13 06/16/2022 2022 July Employee Service Awards - photobooth deposit
$150.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$150.00
730509 06/24/2022 Open Accounts Payable ABOLI JAYDEEP RANADE $148.00 Invoice Date Description Amount
062222 AJR 06/22/2022 June fitness classes $148.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$148.00
730510 06/24/2022 Open Accounts Payable ADVANTAGE GRAFIX $534.71 Invoice Date Description Amount
46587 05/11/2022 Business Cards - Planning Division $534.71 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$534.71
730511 06/24/2022 Open Accounts Payable ALHAMBRA $156.97 Invoice Date Description Amount
4984729 061122 06/11/2022 Employee Drinking Water for QCC $156.97 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$156.97
730512 06/24/2022 Open Accounts Payable AMIT GOEL $296.00 Invoice Date Description Amount
062222 AG 06/22/2022 June fitness classes $296.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$296.00
730513 06/24/2022 Open Accounts Payable Anagha Kulkarni $140.00 Invoice Date Description Amount
062222 AK 06/22/2022 June fitness classes $140.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$140.00
730514 06/24/2022 Open Accounts Payable AVOCETTE TECHNOLOGIES INC. $1,170.00 Invoice Date Description Amount
2205CU1 05/31/2022 Accela FY22 Configuration services & Business License May 2022
$1,170.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,170.00
user: Vi Tran Pages: 1 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 758
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758 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
730515 06/24/2022 Open Accounts Payable BAY AREA SELF STORAGE -

CUPERTINO
$678.00
Invoice Date Description Amount
20279 06/16/2022 Facilities - July 2022 Rental Storage Fees $678.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$678.00
730516 06/24/2022 Open Accounts Payable Beekeeper Nova $400.00 Invoice Date Description Amount
00412 05/16/2022 Grounds - Bumble Bee Removal at 1170 Yorkshire Dr $225.00 00413 06/11/2022 Grounds - Inspection/Wasp Removal 21111 Stevens Creek
$175.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$400.00
730517 06/24/2022 Open Accounts Payable California Association Public Information Official
$325.00
Invoice Date Description Amount
15699 06/06/2022 Torin - CAPIO Membership Renewal $275.00 15951 06/20/2022 Esther ±CAPIO Webinar ±Mobile Video $25.00 15988 06/22/2022 Branton ±CAPIO Webinar ±Mobile Video $25.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$325.00
730518 06/24/2022 Open Accounts Payable CENTURYLINK $20.18 Invoice Date Description Amount
06072022 06/07/2022 CenturyLink Phone Services - June 2022 $20.18 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$20.18
730519 06/24/2022 Open Accounts Payable CINTAS $3,638.70 Invoice Date Description Amount
4119661002 05/17/2022 UNIFORMS SAFETY APPAREL $1,129.11 4122391650 06/14/2022 UNIFORMS SAFETY APPAREL $1,262.91 4121714061 06/07/2022 UNIFORMS SAFETY APPAREL $1,246.68 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,638.70
730520 06/24/2022 Open Accounts Payable Community Health Charities of California
$50.00
Invoice Date Description Amount
06172022 06/17/2022 Community Health Charities pp 6/4/22-6/17/22 $50.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$50.00
730521 06/24/2022 Open Accounts Payable Denco Sales $146.35 Invoice Date Description Amount
8799814-00 06/15/2022 Streets: Solvent paper $146.35
user: Vi Tran Pages: 2 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 759
CC 08-16-2022
759 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
Paying Fund Cash Account Amount
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$146.35
730522 06/24/2022 Open Accounts Payable DEX SYSTEMS ENGINEERING $1,120.00 Invoice Date Description Amount
1558 06/19/2022 Organize bench & back storage area; install audio attenuator
$1,120.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,120.00
730523 06/24/2022 Open Accounts Payable FEDEX $188.39
Invoice Date Description Amount
7-783-39723 06/10/2022 FEDEX Services - IT $188.39
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$188.39
730524 06/24/2022 Open Accounts Payable Foster Brothers Security Systems $3,074.44 Invoice Date Description Amount
i2139 03/02/2022 Service Center Security Upgrade $2,788.03 1464 04/25/2022 Grounds: padlocks $286.41
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,074.44
730525 06/24/2022 Open Accounts Payable Global Knowledge Training LLC $1,669.50 Invoice Date Description Amount
22215889 05/11/2022 Rabeya - Microsoft Excel 2016/2019 - Level 3 / Advanced
$265.50
22215524 05/09/2022 Torin - MS Project 2019 Training $351.00 22215523 05/09/2022 Rei MS Project 2019 Training $351.00 22215522 05/09/2022 Pete MS Project T2019 raining $351.00 22215514 05/09/2022 Marilyn MS Project 2019 Training $351.00 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$1,669.50
730526 06/24/2022 Open Accounts Payable Hexagon Transportation Consultants, Inc.
$6,255.00
Invoice Date Description Amount
15555 04/27/2022 Marina Plaza Peer Review 2022/04 $5,115.00 15178 11/19/2021 Canyon Crossing Peer Review 2021/11 $1,140.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$6,255.00
730527 06/24/2022 Open Accounts Payable Hongyun Art $354.21 Invoice Date Description Amount
Hongyun06222022 06/22/2022 Art supplies for Earth Day 2022 reimbursement $354.21 Paying Fund Cash Account Amount
520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash)
$354.21
user: Vi Tran Pages: 3 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 760
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760 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
730528 06/24/2022 Open Accounts Payable HUICHEN LIN $740.00 Invoice Date Description Amount
062222 HL 06/22/2022 June fitness classes $740.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$740.00
730529 06/24/2022 Open Accounts Payable INTERSTATE BATTERY SYSTEM SAN JOSE INC.
$139.45
Invoice Date Description Amount
60290714 06/14/2022 Fleet - MTP-65HD $139.45
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$139.45
730530 06/24/2022 Open Accounts Payable James C. Wheeler $650.00 Invoice Date Description Amount
020622 06/19/2022 5 hours of lifeguard training $650.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$650.00
730531 06/24/2022 Open Accounts Payable JOE A. GONSALVES & SON $8,000.00 Invoice Date Description Amount
159853 05/17/2022 Legislative Representation - May 2022 $4,000.00 159925 06/13/2022 Legislative Representation - June 2022 $4,000.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$8,000.00
730532 06/24/2022 Open Accounts Payable JOINT VENTURE SILICON VALLEY $5,000.00 Invoice Date Description Amount
913EDAcupertino 06/12/2022 SVEDA Dues $5,000.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$5,000.00
730533 06/24/2022 Open Accounts Payable KELLY-MOORE PAINT CO INC $623.69 Invoice Date Description Amount
808-00000848069 06/16/2022 Streets: Graffiti abatement paint $277.28 808-00000848414 06/20/2022 Streets: Graffiti abatement paint $346.41 Paying Fund Cash Account Amount
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$623.69
730534 06/24/2022 Open Accounts Payable LANGUAGE NETWORK, INC. $672.66 Invoice Date Description Amount
P2809 06/15/2022 BBF Golf Course Community Outreach Material Translation
$672.66
Paying Fund Cash Account Amount
560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash)
$672.66
user: Vi Tran Pages: 4 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 761
CC 08-16-2022
761 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
730535 06/24/2022 Open Accounts Payable LAWSON PRODUCTS INC $289.27 Invoice Date Description Amount
9309612228 05/31/2022 Fleet - 14in Tarp Strap, Gloves, Flat Washer, Auto Fuse
$289.27
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$289.27
730536 06/24/2022 Open Accounts Payable LISA MOLARO $14,239.00 Invoice Date Description Amount
LMSpring22-1 06/23/2022 FY21-22: Lisa Molaro Spring 2022 Payment Session 1 $14,239.00 Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$14,239.00
730537 06/24/2022 Open Accounts Payable NAPA AUTO PARTS $170.82 Invoice Date Description Amount
670250 05/18/2022 Fleet - Credit for Invoice# 668635 ($25.86) 671913 06/09/2022 Fleet - Ratchet $196.68
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$170.82
730538 06/24/2022 Open Accounts Payable NAPA AUTO PARTS $1,503.32 Invoice Date Description Amount
5983-765386 06/13/2022 Fleet - HI PWR II IND V-BELT $8.99 5983-765384 06/13/2022 Fleet - HI PWR II IND V-BELT $8.99 5983-765273 06/13/2022 Fleet - 12in Exactfit-Rear $20.45 5983-759576 05/19/2022 Fleet - AW 22 Hydr Oil 5gal $89.67 5983-759472 05/19/2022 Fleet - Cabin Air Filter, Gold Air Filter $250.57 5983-761397 05/27/2022 Fleet - Cabin Air Filter $94.88
5983-760443 05/23/2022 Fleet - Fleetrunner Belt $62.32
5983-759886 05/20/2022 Fleet - Blister Pack Capsules $49.85 5983-759671 05/20/2022 Fleet - Blade $72.90
5983-759477 05/19/2022 Fleet - Underhood Light, Lift Light, Ratchet $804.24 5983-759084 05/18/2022 Fleet - Non-Deter 30qt $40.46
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$1,503.32
730539 06/24/2022 Open Accounts Payable Operating Engineer #3 $1,484.16 Invoice Date Description Amount
06172022 06/17/2022 Union Dues pp 6/4/22-6/17/22 $1,484.16 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,484.16
730540 06/24/2022 Open Accounts Payable PG&E $74.16
Invoice Date Description Amount
7100-061622 06/16/2022 7166121710-0 5/9/22-6/7/22 $10.10 0322-061522 06/15/2022 5849279032-2 5/9/22-6/7/22 $20.97 5875-061922 06/19/2022 2012160587-5 5/20/22-6/17/22 $43.09 Paying Fund Cash Account Amount
user: Vi Tran Pages: 5 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 762
CC 08-16-2022
762 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$74.16
730541 06/24/2022 Open Accounts Payable PRN Ergonomic Services $200.00 Invoice Date Description Amount
1786 08/31/2021 Ergo Eval- Astrid Robles $200.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$200.00
730542 06/24/2022 Open Accounts Payable PROJECT SENTINEL $2,037.14 Invoice Date Description Amount
440-502-0622 06/13/2022 BMR AHF Rental Mediation Q4 FY21-22 $2,037.14 Paying Fund Cash Account Amount
265 - BMR Housing 265 100-100 (Cash & Investments Assets Operating Cash)
$2,037.14
730543 06/24/2022 Open Accounts Payable PTS COMMUNICATIONS $543.00 Invoice Date Description Amount
2088876 06/09/2022 payphone svcs JULY 2022 $543.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$482.66
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$60.34
730544 06/24/2022 Open Accounts Payable Ralph Andersen & Associates $14,900.00 Invoice Date Description Amount
INV-03810 06/13/2022 2022 Compensation Survey - P22-052 $14,900.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$14,900.00
730545 06/24/2022 Open Accounts Payable SONIA DOGRA $148.00 Invoice Date Description Amount
062222 SD 06/22/2022 June fitness classes $148.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$148.00
730546 06/24/2022 Open Accounts Payable STATE CONTROLLER, STATE OF CALIF
$11.99
Invoice Date Description Amount
FTB-00004765 06/10/2022 FTB OFFSETS 2021 $11.99
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$11.99
730547 06/24/2022 Open Accounts Payable Utility Cost Management LLC $431.97 Invoice Date Description Amount
25181 02/11/2022 1st quarter analysis for Utility savings program. $35.96 25225 04/07/2022 Q3 Utility savings analysis done by UCM $396.01 Paying Fund Cash Account Amount
user: Vi Tran Pages: 6 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 763
CC 08-16-2022
763 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$431.97
730548 06/24/2022 Open Accounts Payable VERIZON WIRELESS $5,869.64 Invoice Date Description Amount
9908045553-0 06/04/2022 408-202-5384 / Travis Warner $38.01 9908045553-1 06/04/2022 408-204-3449 / Rei Delgado $38.01 9908045553-2 06/04/2022 408-204-5990 / Diego Rodriguez $41.70 9908045553-3 06/04/2022 408-204-9056 / Joseph Herrera $38.01 9908045553-4 06/04/2022 408-205-3349 / Rafael (Senior Center) $30.22 9908045553-5 06/04/2022 408-205-4541 / Iqraam Nabi $38.01 9908045553-6 06/04/2022 408-205-4849 / Brandon Martinez $38.01 9908045553-7 06/04/2022 408-205-5866 / Domingo Trujillo $38.01 9908045553-8 06/04/2022 408-205-6589 / Street Lights $40.01 9908045553-9 06/04/2022 408-206-0538 / Quinton Adams $51.73 9908045553-10 06/04/2022 408-206-7434 / Albert Salvador $59.87 9908045553-11 06/04/2022 408-206-7512 / Fleet/Mechanic Shop $38.01 9908045553-12 06/04/2022 408-209-3255 / Quinton Adams $38.01 9908045553-14 06/04/2022 408-234-0189 / It Dept Mi-Fi $38.01 9908045553-15 06/04/2022 408-234-0978 / Infrastructure Department $38.01 9908045553-16 06/04/2022 408-234-1270 / J. Medians Crew 1 $38.01 9908045553-17 06/04/2022 408-234-4724 / Building Attendants Quinlan $25.75 9908045553-18 06/04/2022 408-309-0340 / Piu Ghosh $46.81 9908045553-19 06/04/2022 408-309-2536 / Ursula Syrova $37.38 9908045553-20 06/04/2022 408-309-2693 / Paul Tognetti $38.01 9908045553-21 06/04/2022 408-309-6398 / Lisa Cameli $75.64 9908045553-22 06/04/2022 408-309-7042 / Kristina Alfaro $25.46 9908045553-23 06/04/2022 408-309-7640 / Bob Sabich $37.85 9908045553-24 06/04/2022 408-309-8401 / Paul Sapudar $38.01 9908045553-25 06/04/2022 408-309-9252 / Antonio Torrez $36.56 9908045553-26 06/04/2022 408-313-0045 / Roberto Montez $38.01 9908045553-27 06/04/2022 408-313-1148 / Toan Quach $51.56 9908045553-29 06/04/2022 408-313-3558 / Street Tree Maintenance #3 $38.01 9908045553-30 06/04/2022 408-313-4364 / Street Tree Maintenance #4 $38.01 9908045553-31 06/04/2022 408-313-5321 / Paul Sapudar $38.01 9908045553-32 06/04/2022 408-313-6943 / Travis Warner $38.01 9908045553-33 06/04/2022 408-314-4452 / Shawn Tognetti $28.75 9908045553-34 06/04/2022 408-314-6637 / Phuong Devries $32.84 9908045553-35 06/04/2022 408-314-9200 / Victoria Morin $38.01 9908045553-36 06/04/2022 408-315-3044 / Jonathan Ferrante $40.54 9908045553-37 06/04/2022 408-315-6764 / Rachelle Sander Mifi $38.01 9908045553-38 06/04/2022 408-315-8165 / Brian Gathers $38.01 9908045553-39 06/04/2022 408-316-1283 / Bill Mitchell $38.01 9908045553-40 06/04/2022 408-316-2067 / Paul O Sullivan $35.42 9908045553-41 06/04/2022 408-316-6770 / Ayano Hattori $41.56 9908045553-42 06/04/2022 408-316-7320 / Marvin Aguilar $38.01 9908045553-43 06/04/2022 408-318-0344 / Michael Woo $29.36 9908045553-44 06/04/2022 408-318-1652 / Esther Kwon $51.56 9908045553-45 06/04/2022 408-318-2012 / Kane Wolfe $38.01 9908045553-46 06/04/2022 408-318-7365 / Bob Sabich $38.01 user: Vi Tran Pages: 7 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 764
CC 08-16-2022
764 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
9908045553-47 06/04/2022 408-318-8726 / Diego Rodriguez $38.01 9908045553-48 06/04/2022 408-334-4885 / Michael Kimball $38.01 9908045553-49 06/04/2022 408-334-9082 / Sean Hatch $42.09 9908045553-50 06/04/2022 408-340-3184 / Peter Coglianese $38.01 9908045553-51 06/04/2022 408-340-8060 / Nidhi Mathur $38.01 9908045553-52 06/04/2022 408-340-8128 / Lori Baumgartner $38.01 9908045553-53 06/04/2022 408-340-8564 / Portal Park $38.01 9908045553-54 06/04/2022 408-340-8648 / Chad Mosley $38.01 9908045553-55 06/04/2022 408-345-1639 / Sonya Lee $41.96 9908045553-56 06/04/2022 408-440-7136 / Andy Badal $38.01 9908045553-57 06/04/2022 408-460-1821 / Ty Bloomquist $80.59 9908045553-58 06/04/2022 408-466-4450 / Toc Oncall $38.01 9908045553-59 06/04/2022 408-466-4906 / K. Housing Planner $38.01 9908045553-60 06/04/2022 408-472-1568 / David Stillman $51.73 9908045553-61 06/04/2022 408-472-6522 / Rodney Weathers $38.01 9908045553-62 06/04/2022 408-472-6541 / John Raaymakers $38.01 9908045553-63 06/04/2022 408-472-7011 / Ty Bloomquist $38.01 9908045553-64 06/04/2022 408-472-7295 / Antonio Torrez $38.01 9908045553-65 06/04/2022 408-472-7857 / Paul O'sullivan $38.01 9908045553-66 06/04/2022 408-472-7927 / Bill Mitchell $38.01 9908045553-67 06/04/2022 408-472-9907 / Manuel Barragan $51.73 9908045553-68 06/04/2022 408-478-1999 / James Lee $44.76 9908045553-69 06/04/2022 408-482-5991 / Benjamin Fu $38.01 9908045553-70 06/04/2022 408-482-6096 / Monica Diaz $38.01 9908045553-71 06/04/2022 408-482-7747 / Matt Morley $51.56 9908045553-72 06/04/2022 408-483-3215 / Teri Gerhardt $38.01 9908045553-73 06/04/2022 408-483-5672 / M. Jonathan Ferrante $38.01 9908045553-74 06/04/2022 408-483-7859 / Shawn Tognetti $38.01 9908045553-75 06/04/2022 408-483-7997 / James Lee Ipad $38.01 9908045553-76 06/04/2022 408-483-9976 / On-Call Service Center $41.01 9908045553-77 06/04/2022 408-489-2932 / Ross Slaney $38.01 9908045553-78 06/04/2022 408-489-3224 / Dianne Thompson $40.47 9908045553-79 06/04/2022 408-489-4395 / Beth Viajar $30.86 9908045553-80 06/04/2022 408-489-8336 / Cyrah Caburian $38.01 9908045553-81 06/04/2022 408-489-9309 / Jonathan Ferrante $38.01 9908045553-82 06/04/2022 408-489-9310 / Kevin Rieden $38.01 9908045553-83 06/04/2022 408-493-3534 / J. Median Crew 2 $38.01 9908045553-84 06/04/2022 408-493-3543 / Frank Villa $51.73 9908045553-85 06/04/2022 408-495-9234 / Thomas Chin $39.54 9908045553-86 06/04/2022 408-495-9873 / Marvin Aguilar $41.39 9908045553-87 06/04/2022 408-497-3691 / Sean Filbeck $38.01 9908045553-88 06/04/2022 408-497-4686 / Miles D'salmon $38.01 9908045553-89 06/04/2022 408-497-4862 / Jeff Trybus $38.01 9908045553-90 06/04/2022 408-497-8714 / Joanne Magrini $42.03 9908045553-91 06/04/2022 408-510-0622 / Susan Michael $43.14 9908045553-92 06/04/2022 408-510-9158 / Winnie Pagan $38.01 9908045553-93 06/04/2022 408-515-2301 / Vanessa Guerra $33.09 9908045553-94 06/04/2022 408-515-9208 / Debra Nascimento $47.60 9908045553-95 06/04/2022 408-515-9374 / Jimmy Tan $36.47 9908045553-96 06/04/2022 408-529-8879 / Michael Miranda $51.56 user: Vi Tran Pages: 8 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 765
CC 08-16-2022
765 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
9908045553-97 06/04/2022 408-540-8405 / Rodney Weathers $29.74 9908045553-98 06/04/2022 408-540-9778 / Toan Quach $38.01 9908045553-99 06/04/2022 408-568-3911 / Jonathan Ferrante Wwp $38.01 9908045553-100 06/04/2022 408-568-6465 / Cyrah Caburian $38.01 9908045553-101 06/04/2022 408-599-4937 / Steven Hirsch $38.01 9908045553-102 06/04/2022 408-599-8584 / Janet Liang $51.56 9908045553-103 06/04/2022 408-605-2546 / Jerry Anderson $38.01 9908045553-104 06/04/2022 408-605-3078 / Quinton Mifi 1 $38.01 9908045553-105 06/04/2022 408-605-3905 / Andrew Schmitt Mifi 2 $38.01 9908045553-106 06/04/2022 408-609-2453 / Amanda Hui $26.32 9908045553-107 06/04/2022 408-609-2803 / Kevin Simons $38.01 9908045553-108 06/04/2022 408-609-2948 / Brian Gathers $38.01 9908045553-109 06/04/2022 408-609-4188 / Alfredo Alegria $38.01 9908045553-110 06/04/2022 408-609-4367 / Brandon Morales $38.01 9908045553-111 06/04/2022 408-609-8711 / Ralph Aquinaga $38.01 9908045553-112 06/04/2022 408-609-8796 / Frank Villa $38.01 9908045553-113 06/04/2022 408-609-8826 / Domingo Santos $38.01 9908045553-114 06/04/2022 408-610-0601 / Paul Tognetti $51.56 9908045553-115 06/04/2022 408-628-8745 / Fernando Jimenez $24.53 9908045553-116 06/04/2022 408-630-0674 / Christopher Jensen $55.97 9908045553-117 06/04/2022 408-630-0900 / Adrian Melendez $38.01 9908045553-118 06/04/2022 408-630-1388 / Monica Diaz $51.73 9908045553-119 06/04/2022 408-642-4263 / Alex Wykoff $38.01 9908045553-120 06/04/2022 408-642-4504 / Kevin Green $38.01 9908045553-121 06/04/2022 408-655-8680 / Jeff Trybus $51.59 9908045553-122 06/04/2022 408-655-8685 / Alex Wykoff $28.00 9908045553-123 06/04/2022 408-687-5821 / Jonathan Williams $38.01 9908045553-124 06/04/2022 408-687-9445 / Frankie De Leon $38.01 9908045553-125 06/04/2022 408-687-9854 / John Ramos $38.01 9908045553-126 06/04/2022 408-688-1613 / Ricardo Alvarez $38.01 9908045553-127 06/04/2022 408-688-6252 / Benjamin Fu $29.54 9908045553-128 06/04/2022 408-691-2466 / Kane Wolfe $51.59 9908045553-129 06/04/2022 408-694-8703 / Domingo Santos $30.80 9908045553-130 06/04/2022 408-707-0987 / Richard Banda $38.01 9908045553-131 06/04/2022 408-728-5105 / Jim Throop $69.11 9908045553-132 06/04/2022 408-748-6390 / Tree Crew Ipad 3 $38.01 9908045553-134 06/04/2022 408-781-0290 / Daniel Barone $38.01 9908045553-135 06/04/2022 408-781-0663 / Bill Bridge $38.01 9908045553-136 06/04/2022 408-781-0799 / Brad Alexander $38.01 9908045553-137 06/04/2022 408-781-1340 / John Stiehr $38.01 9908045553-139 06/04/2022 408-781-4139 / Julia Kinst $40.01 9908045553-140 06/04/2022 408-781-4360 / Paul Tognetti $38.01 9908045553-141 06/04/2022 408-786-8664 / Jessica Javier $37.77 9908045553-142 06/04/2022 408-790-7036 / Pete Coglianese $23.94 9908045553-143 06/04/2022 408-790-7039 / Torin Scott $36.47 9908045553-144 06/04/2022 408-790-7045 / Rei Delgado $23.87 9908045553-145 06/04/2022 408-828-9819 / Kerri Heusler $38.70 9908045553-146 06/04/2022 408-841-6612 / T. Internet Emergncyvan $38.01 9908045553-147 06/04/2022 408-857-2355 / Alex Corbalis Travel Agent $25.46 9908045553-148 06/04/2022 408-891-9008 / Park Ranger Corridor $28.71 user: Vi Tran Pages: 9 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 766
CC 08-16-2022
766 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
9908045553-149 06/04/2022 408-891-9503 / Rachelle Sander $26.76 9908045553-150 06/04/2022 408-892-1486 / Iqraam Nabi $45.41 9908045553-151 06/04/2022 408-892-5553 / Albert Salvador $38.01 9908045553-152 06/04/2022 415-425-6339 / Kirsten Squarcia $37.76 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$4,521.40
230 - Env Mgmt Cln Crk Strm Drain 230 100-100 (Cash & Investments Assets Operating Cash)
$89.74
265 - BMR Housing 265 100-100 (Cash & Investments Assets Operating Cash)
$38.01
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$279.65
520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash)
$217.42
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$118.60
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$528.80
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$76.02
730549 06/24/2022 Open Accounts Payable Western Truck Fabrication, Inc. $8,714.55 Invoice Date Description Amount
24375 04/25/2022 Tommy Liftgate for Ford F350 (Schmitt) $8,714.55 Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$8,714.55
730550 06/24/2022 Open Accounts Payable BABIN, COLLIN $40.00 Invoice Date Description Amount
06092022COLLINB 06/09/2022 Live Scan and Fingerprinting Reimbursement $40.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$40.00
730551 06/24/2022 Open Accounts Payable BUNCH, ALEXANDER $35.00 Invoice Date Description Amount
05132022BUNCHA 05/13/2022 Live Scan and Fingerprinting Reimbursement $35.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$35.00
730552 06/24/2022 Open Accounts Payable Carter, Jack $151.86 Invoice Date Description Amount
2022-00000786 06/20/2022 Energizer snacks & Coffee for Bike to Wherever Day $151.86 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$151.86
730553 06/24/2022 Open Accounts Payable Cupertino Rotary Club $82.50 Invoice Date Description Amount
2005919.030 06/08/2022 QCC- 7.13.22- Cupertino Room Rental Fees $82.50 Paying Fund Cash Account Amount
user: Vi Tran Pages: 10 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 767
CC 08-16-2022
767 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$82.50
730554 06/24/2022 Open Accounts Payable GEOFFREY AND JANINE PAULSEN $11,690.00 Invoice Date Description Amount
RefundChk#10615 06/15/2022 PARTIAL REFUND ON CODE ENF. CASE# 19- 001521- 10557 RANDY LANE
$11,690.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$11,690.00
730555 06/24/2022 Open Accounts Payable Hackenbrook, Susan $2,100.00 Invoice Date Description Amount
2001519.032 06/15/2022 Reception Hall 6/25/22 #R105906 $2,100.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,100.00
730556 06/24/2022 Open Accounts Payable HATHAWAY DINWIDDIE

CONSTRUCTION COMPANY
$10,000.00
Invoice Date Description Amount
305487 06/02/2022 REFUND 10385 BANDLEY DR BLD-2021-0901 TCO BOND
$10,000.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$10,000.00
730557 06/24/2022 Open Accounts Payable HU, MICHAEL $25.00 Invoice Date Description Amount
5182022MHU 05/18/2022 Live Scan and Fingerprinting Reimbursement $25.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$25.00
730558 06/24/2022 Open Accounts Payable Kimberlin Leung $40.00 Invoice Date Description Amount
Leung062122 06/21/2022 Live Scan and Fingerprinting Reimbursement $40.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$40.00
730559 06/24/2022 Open Accounts Payable Laxya Kumar $67.00 Invoice Date Description Amount
Kumar061422 06/14/2022 Live Scan and Fingerprinting Reimbursement $67.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$67.00
730560 06/24/2022 Open Accounts Payable Marche Club $900.00 Invoice Date Description Amount
2001518.032 06/15/2022 Acorn, Blackberry, Bobcat, Steelhead picnic sites 7/16/22#R29304
$900.00
Paying Fund Cash Account Amount
user: Vi Tran Pages: 11 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 768
CC 08-16-2022
768 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$900.00
730561 06/24/2022 Open Accounts Payable NorCal UVSA $300.00 Invoice Date Description Amount
2005983.030 06/16/2022 QCC- 6.11.22 - Social Room Security Deposit Refund $300.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$300.00
730562 06/24/2022 Open Accounts Payable PRODESSE PROPERTY GROUP $3,000.00 Invoice Date Description Amount
306971 06/20/2022 7424 Rainbow Dr., Encroachment, 306971 $3,000.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,000.00
Type Check Totals: 55 Transactions $115,389.63
EFT
34557 06/20/2022 Open Accounts Payable USPS - EFT ONLY $3,926.83 Invoice Date Description Amount
489154252 06/14/2022 CUPERTINO SCENE INC - PW $3,926.83 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$3,926.83
34558 06/24/2022 Open Accounts Payable Colonial Life & Accident Insurance $29.16 Invoice Date Description Amount
06172022 06/17/2022 Colonial Products pp 6/4/22-6/17/22 $29.16 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$29.16
34559 06/24/2022 Open Accounts Payable Employment Development $10,035.79 Invoice Date Description Amount
06172022 06/17/2022 State Disability Insurance pp 6/4/22-6/17/22 $10,035.79 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$10,035.79
34560 06/24/2022 Open Accounts Payable National Deferred (ROTH) $3,988.93 Invoice Date Description Amount
06172022 06/17/2022 Nationwide Roth pp 6/4/22-6/17/22 $3,988.93 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,988.93
34561 06/24/2022 Open Accounts Payable National Deferred Compensatin $41,407.57 Invoice Date Description Amount
06172022 06/17/2022 Nationwide Deferred Compensation pp 6/4/22-6/17/22 $41,407.57 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$41,407.57
user: Vi Tran Pages: 12 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 769
CC 08-16-2022
769 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
34562 06/24/2022 Open Accounts Payable PERS-457K $12,711.50 Invoice Date Description Amount
06172022 06/17/2022 PERS Deferred Comp pp 6/4/22-6/17/22 $12,711.50 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$12,711.50
34563 06/24/2022 Open Accounts Payable State Disbursement Unit $231.23 Invoice Date Description Amount
06172022 06/17/2022 Child Support pp 6/4/22-6/17/22 $231.23 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$231.23
34564 06/20/2022 Open Accounts Payable USPS - EFT ONLY $334.59 Invoice Date Description Amount
USPS060322 06/03/2022 USPS Shipping - FOLGER GRAPHICS $334.59 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$334.59
34565 06/24/2022 Open Accounts Payable AIRGAS USA LLC $78.62 Invoice Date Description Amount
9989102991 05/31/2022 Fleet - Large Cylinder Rental $78.62 Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$78.62
34566 06/24/2022 Open Accounts Payable Amazon Capital Services $120.19 Invoice Date Description Amount
1WXQ-VP49-RGTC 06/20/2022 Nidhi-Apple Lightning to USB Cable, 12W USB Power Adapter & Book
$81.76
19WQ-TQGN-QG7H 06/20/2022 Lakshmi - 17.3 Inch Laptop Bag,BAGSMART Large Expandable Briefca
$38.43
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$81.76
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$38.43
34567 06/24/2022 Open Accounts Payable BATTERY SYSTEMS INC. $247.17 Invoice Date Description Amount
7701837 06/15/2022 Fleet: batteries $247.17
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$247.17
34568 06/24/2022 Open Accounts Payable BEAR ELECTRICAL SOLUTIONS, INC.
$12,750.00
Invoice Date Description Amount
14980 03/02/2022 Fiber Optic Cable Installation $12,750.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$12,750.00
user: Vi Tran Pages: 13 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 770
CC 08-16-2022
770 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
34569 06/24/2022 Open Accounts Payable Bill Mitchell $807.99 Invoice Date Description Amount
BillM062122 06/21/2022 Bill - 2022 MISAC Joint Chapter Meeting reimbursement
$807.99
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$807.99
34570 06/24/2022 Open Accounts Payable Boucher Law, PC $11,024.00 Invoice Date Description Amount
1031 06/15/2022 Labor & Employment Law Matters $7,367.00 1032 06/15/2022 Labor Negotiations (2022) $3,657.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$11,024.00
34571 06/24/2022 Open Accounts Payable CDW GOVERNMENT $3,243.68 Invoice Date Description Amount
Z587332 06/14/2022 1x HANWHA 5MP X2 OUTDOOR DOME CAM 1x 5M

3.7MM LENS MODULE
$950.07
Z645642 06/14/2022 3x HANWHA 5MP X2 OUTDOOR DOME CAM $2,293.61 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$3,243.68
34572 06/24/2022 Open Accounts Payable CSG CONSULTANTS, INC. $250.00 Invoice Date Description Amount
B220931 06/01/2022 Building Plan Review Services 5/1/2022 - 5/31/2022 $250.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$250.00
34573 06/24/2022 Open Accounts Payable CUPERTINO SUPPLY INC $754.90 Invoice Date Description Amount
292790 06/13/2022 Grounds - Male/Female Adapter, Ball Valve, Tape Blue Monster
$560.31
293108 06/15/2022 Grounds - Adapt, Power Press Union, PVC $194.59 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$754.90
34574 06/24/2022 Open Accounts Payable Eflex Group, Inc $4,483.79 Invoice Date Description Amount
06172022 06/17/2022 FSA Employee Health pp 6/4/22-6/17/22 $4,483.79 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$4,483.79
34575 06/24/2022 Open Accounts Payable ESHERICK HOMSEY DODGE AND

DAVIS, ARCHITECTS
$5,368.00
Invoice Date Description Amount
22050046 05/31/2022 Cupertino Library Expansion Project through 050122- 053122
$5,368.00
Paying Fund Cash Account Amount
user: Vi Tran Pages: 14 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 771
CC 08-16-2022
771 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$5,368.00
34576 06/24/2022 Open Accounts Payable Ewing Irrigation Products Inc. $1,032.80 Invoice Date Description Amount
17005455 06/09/2022 Grounds - EGP8-OPB Module 8STA $1,032.80 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,032.80
34577 06/24/2022 Open Accounts Payable Gilee Corral $44.36 Invoice Date Description Amount
GilianC060722 06/07/2022 Reimbursement for Laundry/Lunch $44.36 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$44.36
34578 06/24/2022 Open Accounts Payable GIULIANI & KULL - SAN JOSE, INC. $1,772.50 Invoice Date Description Amount
16943 05/31/2022 Stevens Creek Tract Map through 040122-043022 $1,120.00 16948 05/31/2022 Lawrence-Mitty Annexation Documents through 040122-043022
$652.50
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,120.00
280 - Park Dedication 280 100-100 (Cash & Investments Assets Operating Cash)
$652.50
34579 06/24/2022 Open Accounts Payable GRACE DUVAL $504.00 Invoice Date Description Amount
062222 GD 06/22/2022 June fitness classes $504.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$504.00
34580 06/24/2022 Open Accounts Payable GRAINGER INC $451.37 Invoice Date Description Amount
9346652911 06/15/2022 Fleet - Clear, Copper, Yellow Glasses, Clear Lens, Headband
$451.37
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$451.37
34581 06/24/2022 Open Accounts Payable Homebase $6,002.34 Invoice Date Description Amount
01928 06/10/2022 CWP Homeless Administrator 2022/05 $6,002.34 Paying Fund Cash Account Amount
265 - BMR Housing 265 100-100 (Cash & Investments Assets Operating Cash)
$6,002.34
34582 06/24/2022 Open Accounts Payable HORTSCIENCE | BARTLETT

CONSULTING
$1,750.00
Invoice Date Description Amount
15562 02/26/2022 Arborist Peer Review 22890 Stonebridge $1,750.00 Paying Fund Cash Account Amount
user: Vi Tran Pages: 15 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 772
CC 08-16-2022
772 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,750.00
34583 06/24/2022 Open Accounts Payable ICMA Retirement Trust-457 $18,870.53 Invoice Date Description Amount
06172022 06/17/2022 ICMA Deferred Comp pp 6/4/22-6/17/22 $18,870.53 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$18,870.53
34584 06/24/2022 Open Accounts Payable IFPTE LOCAL 21 $1,925.06 Invoice Date Description Amount
06172022 06/17/2022 Association Dues - CEA pp 6/4/22-6/17/22 $1,925.06 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,925.06
34585 06/24/2022 Open Accounts Payable IMPERIAL SPRINKLER SUPPLY, INC
$3,642.05
Invoice Date Description Amount
5135499-00 06/07/2022 Trees/ROW - Soilkeel Topper Sod Prep Seed Cover, Treestak
$3,642.05
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,642.05
34586 06/24/2022 Open Accounts Payable Iqraam Nabi $737.81 Invoice Date Description Amount
IqraamN061322 06/13/2022 Iqraam - 2022 MISAC Joint Chapter Meeting reimbursement
$737.81
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$737.81
34587 06/24/2022 Open Accounts Payable JAM Services, Inc $9,657.56 Invoice Date Description Amount
157720 05/24/2022 NRT EMS Signs $9,657.56
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$9,657.56
34588 06/24/2022 Open Accounts Payable JAMES COLVIN $1,200.00 Invoice Date Description Amount
062222 JC 06/22/2022 June personal training $1,200.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$1,200.00
34589 06/24/2022 Open Accounts Payable JENNIFER HILL $234.00 Invoice Date Description Amount
062222 JH 06/22/2022 June fitness classes $234.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$234.00
user: Vi Tran Pages: 16 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 773
CC 08-16-2022
773 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
34590 06/24/2022 Open Accounts Payable Jo Anne Johnson $605.00 Invoice Date Description Amount
JoAnneJ072221 07/22/2021 Cell Phone Reimbursement through 07222021 $55.00 JoAnneJ082221 08/22/2021 Cell Phone Reimbursement through 08222021 $55.00 JoAnneJ092221 09/22/2021 Cell Phone Reimbursement through 09222021 $55.00 JoAnneJ102221 10/22/2021 Cell Phone Reimbursement through 10222021 $55.00 JoAnneJ112221 11/22/2021 Cell Phone Reimbursement through 11222021 $55.00 JoAnneJ122221 12/22/2021 Cell Phone Reimbursement through 12222021 $55.00 JoAnneJ012222 01/22/2022 Cell Phone Reimbursement through 01222022 $55.00 JoAnneJ022222 02/22/2022 Cell Phone Reimbursement through 02222022 $55.00 JoAnneJ032222 03/22/2022 Cell Phone Reimbursement through 03222022 $55.00 JoAnneJ042222 04/22/2022 Cell Phone Reimbursement through 04222022 $55.00 JoAnneJ052222 05/22/2022 Cell Phone Reimbursement through 05222022 $55.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$605.00
34591 06/24/2022 Open Accounts Payable KEVIN RIEDEN $55.00 Invoice Date Description Amount
KevinR06122022 06/12/2022 Cell Phone Reimbursement through 06122022 $55.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$55.00
34592 06/24/2022 Open Accounts Payable KIMBERLY LUNT $47.72 Invoice Date Description Amount
KimL06122022 06/12/2022 Cell Phone Reimbursement through 051322-061222 $47.72 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$47.72
34593 06/24/2022 Open Accounts Payable KMVT Community Television $5,817.94 Invoice Date Description Amount
7785 06/30/2022 KMVT Community TV June 2022 $5,817.94
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$5,817.94
34594 06/24/2022 Open Accounts Payable LAFCO $5,539.32
Invoice Date Description Amount
LAFCOFY22-23 06/17/2022 For the FY 2023 LAFCO budget $5,539.32 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$5,539.32
34595 06/24/2022 Open Accounts Payable LIFETIME TENNIS, INC. $259,402.70 Invoice Date Description Amount
062222 LPT7 06/22/2022 Payment 7 4/25 to 6/17/22 $259,402.70 Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$259,402.70
user: Vi Tran Pages: 17 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 774
CC 08-16-2022
774 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
34596 06/24/2022 Open Accounts Payable Local Government Commission Inc $2,636.36 Invoice Date Description Amount
106492 05/31/2022 Civic Park Services - May 2022 $2,636.36 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,636.36
34597 06/24/2022 Open Accounts Payable Marilyn Pavlov $51.90 Invoice Date Description Amount
MarilynP062122 06/21/2022 Marilyn - Reimbursement for "Reunited feels so good" coffee jugs
$51.90
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$51.90
34598 06/24/2022 Open Accounts Payable MICHAEL BAKER INTERNATIONAL, INC.
$4,390.00
Invoice Date Description Amount
1149568 06/10/2022 CDBG and CDBG-CV consultant 2022/05 $4,390.00 Paying Fund Cash Account Amount
260 - CDBG 260 100-100 (Cash & Investments Assets Operating Cash)
$4,390.00
34599 06/24/2022 Open Accounts Payable MONICA G. RANES-GOLDBERG $600.00 Invoice Date Description Amount
062222 MGRG 06/22/2022 June fitness classes $600.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$600.00
34600 06/24/2022 Open Accounts Payable MOORE IACOFANO GOLTSMAN, INC.
$51,661.42
Invoice Date Description Amount
0075686 06/16/2022 Jollyman Park All-Inclusive through 050122-053122 $21,471.00 0075688 06/16/2022 Lawrence-Mitty Park & Trail Master Plan through 050122-053122
$30,190.42
Paying Fund Cash Account Amount
280 - Park Dedication 280 100-100 (Cash & Investments Assets Operating Cash)
$30,190.42
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$21,471.00
34601 06/24/2022 Open Accounts Payable Netzel Grigsby Associates, Inc. $11,666.00 Invoice Date Description Amount
12327 06/08/2022 Fundraising Planning Services $11,666.00 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$11,666.00
34602 06/24/2022 Open Accounts Payable ODP Business Solutions, LLC $272.59 Invoice Date Description Amount
241641932002 05/20/2022 Office Supplies - Tape Dispenser $3.49 246499190001 05/24/2022 Office Supplies - Copy Paper & Coat Hook $132.74 246553634001 05/25/2022 Office Supplies - Chairmat $136.36 Paying Fund Cash Account Amount
user: Vi Tran Pages: 18 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 775
CC 08-16-2022
775 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$272.59
34603 06/24/2022 Open Accounts Payable OMEGA INDUSTRIAL SUPPLY, INC. $1,335.84 Invoice Date Description Amount
144401 06/10/2022 Grounds - Industrial Wipes, Soft Pack, Bit Set, Headlamp
$1,335.84
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,335.84
34604 06/24/2022 Open Accounts Payable PARS/City of Cupertino $5,862.28 Invoice Date Description Amount
06172022 06/17/2022 PARS Employee pp 6/4/22-6/17/22 $5,862.28 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$5,862.28
34605 06/24/2022 Open Accounts Payable Pix4D, Inc. $3,000.00 Invoice Date Description Amount
202206IDUS004307 06/14/2022 GIS division 2-Day Pix4Dmapper Online Private Training Workshop
$3,000.00
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$3,000.00
34606 06/24/2022 Open Accounts Payable PLACEWORKS, INC $21,379.04 Invoice Date Description Amount
78684 05/31/2022 19191 Vallco Parkway Transportation Review 2022/05 $861.91 78702 05/31/2022 1655 S De Anza Blvd Environmental Review 2022/05 $2,442.90 78287 04/30/2022 1655 S De Anza Blvd Environmental Review 2022/04 $18,074.23 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$21,379.04
34607 06/24/2022 Open Accounts Payable QUADIENT FINANCE USA, INC, $4,000.00 Invoice Date Description Amount
8702-060322 06/03/2022 Postage -Cupertino00000011297245 $4,000.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$4,000.00
34608 06/24/2022 Open Accounts Payable QUARTIC SOLUTIONS LLC $4,025.00 Invoice Date Description Amount
3156 06/09/2022 FY22 GIS Support Services - May 2022 $4,025.00 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$4,025.00
34609 06/24/2022 Open Accounts Payable RANEY PLANNING & MANAGEMENT, INC.
$1,090.33
Invoice Date Description Amount
1973E-11 05/16/2022 21750 Rainbow Dr Environmental Review 2022/04 $261.25 1973E-12 06/15/2022 21750 Rainbow Dr Environmental Review 2022/05 $829.08 Paying Fund Cash Account Amount
user: Vi Tran Pages: 19 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 776
CC 08-16-2022
776 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,090.33
34610 06/24/2022 Open Accounts Payable Raychel Renee Balcioni Cruz $987.00 Invoice Date Description Amount
062222 RRBC 06/22/2022 June fitness classes $987.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$987.00
34611 06/24/2022 Open Accounts Payable REDWOOD ENGINEERING

CONSTRUCTION
$14,973.62
Invoice Date Description Amount
16, 2020-13 06/08/2022 Regnart Creek Tail Improvement through May 2022 $14,973.62 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$14,973.62
34612 06/24/2022 Open Accounts Payable RINCON CONSULTANTS, INC. $3,789.75 Invoice Date Description Amount
39874 06/10/2022 Cupertino Climate Action Plan Update- 5/1/2022 through 5/31/2022
$3,789.75
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,789.75
34613 06/24/2022 Open Accounts Payable Robert Half $1,995.60 Invoice Date Description Amount
60218457 06/21/2022 Osman, Luam for Week-Ended 06/17/2022 $1,995.60 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,995.60
34614 06/24/2022 Open Accounts Payable RRM DESIGN GROUP $1,000.00 Invoice Date Description Amount
2132-01-0422 05/16/2022 CWP Mixed Use Design Review Standards 2022/04 $1,000.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,000.00
34615 06/24/2022 Open Accounts Payable SAFETY COMPLIANCE MANAGEMENT, INC.
$1,190.00
Invoice Date Description Amount
5388 06/16/2022 Service Center - Heat Illness, Lock-Out/Tag-Out Training
$1,190.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,190.00
34616 06/24/2022 Open Accounts Payable San Jose Conservation Corps & Charter School
$3,214.92
Invoice Date Description Amount
7730 05/31/2022 Compost Site Attendants- May 2022 $3,214.92 Paying Fund Cash Account Amount
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Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 777
CC 08-16-2022
777 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash)
$3,214.92
34617 06/24/2022 Open Accounts Payable Staples $192.02
Invoice Date Description Amount
3509610628 06/03/2022 Copy Paper for CMO $192.02
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$192.02
34618 06/24/2022 Open Accounts Payable STARBIRD CONSULTING LLC $1,988.25 Invoice Date Description Amount
0185 06/20/2022 Regnart Road Improvements Tasks through 05312022 $1,988.25 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$1,988.25
34619 06/24/2022 Open Accounts Payable TEJAL MERCHANT $172.00 Invoice Date Description Amount
062222 TM 06/22/2022 June fitness classes $172.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$172.00
34620 06/24/2022 Open Accounts Payable The Home Depot Pro $730.04 Invoice Date Description Amount
690711106 06/14/2022 Facilities - Park Bathroom Supplies $730.04 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$730.04
34621 06/24/2022 Open Accounts Payable TJKM $3,250.00
Invoice Date Description Amount
0052807 05/31/2022 Cupertino Local Road Safety Plan through 050122- 053122
$3,250.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,250.00
34622 06/24/2022 Open Accounts Payable Tripepi, Smith and Associates, Inc $1,495.00 Invoice Date Description Amount
1495 05/31/2022 Design Services - The Scene - June 2022 $1,495.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,495.00
34623 06/24/2022 Open Accounts Payable US BANK $61,716.48 Invoice Date Description Amount
CyrahC061522 06/15/2022 0363 CC Charges $2,687.14
LaurenS061522 06/15/2022 0578 CC Charges $1,456.14
MelissaR061522 06/15/2022 0572 CC Charges $1,807.21
KimL06152022 06/15/2022 5169 CC Charges $4,353.02
CherieW061522 06/15/2022 6916 CC Charges ($314.77)
SundariP061522 06/15/2022 9702 CC Charges $1,996.46
JANETL061522 06/15/2022 9949 CC Charges $6,994.05
user: Vi Tran Pages: 21 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 778
CC 08-16-2022
778 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
KaneW061522 06/15/2022 2813 CC Charges $174.26
BradA061522 06/15/2022 6013 cc charges $68.22
RicA061522 06/15/2022 9906 CC Charges $859.07
JennyK061522 06/15/2022 8829 CC Charges $11.86
SelbyM061522 06/15/2022 1711 CC Charges $136.00
KevinG061522 06/15/2022 5856 cc charges3087.08 $3,087.08 Branton061522 06/15/2022 5320 CC Charges $680.12
ColleenF061522 06/15/2022 0798 cc charges $800.46
TyB061522 06/15/2022 7739 cc charges $402.67
CesarG061522 06/15/2022 9076 cc charges $1,191.11
DomS061522 06/15/2022 9452 cc charges $13.27
RudyL061522 06/15/2022 8736 cc charges $131.30
RobG061522 06/15/2022 6980 cc charges $905.16
BrianG061522 06/15/2022 6202 CC Charges $1,478.18
AndrewS061522 06/15/2022 9993 cc charges $18.58
IkaP061522 06/15/2022 8108 cc charges $983.35
JindyG061522 06/15/2022 0175 cc charges $1,069.15
AlexC06152022 06/15/2022 5300 CC Charges $940.61
RobertD061522 06/15/2022 6680 CC Charges $148.08
AmandaH61522 06/15/2022 9326 CC Charges $653.35
UrsulaS061522 06/15/2022 2512 CC Charges $4,344.09
RobertK061522 06/15/2022 7858 CC Charges $1,319.24
DanielM061522 06/15/2022 9167 CC Charges for 6.15.2022 $2,864.29 mariahg061522 06/22/2022 7882 CC CHARGES $267.08
KavithaA061522 06/15/2022 7567CCCharges $3,401.95
SonyaL061522 06/15/2022 8808 CC Charges $1,905.66
MollyJ061522 06/15/2022 4137 CC Charges $345.09
DebraN061522 06/15/2022 1090CCCharges $4,422.62
ReiD061522 06/15/2022 1409CC Charges $1,453.65
KarenL061522 06/15/2022 9612CCCharges $2,182.71
TinaK061522 06/15/2022 5630CCCharges $960.00
BennyH061522 06/15/2022 1015 CC Charges $1,253.71
KennethE061522 06/15/2022 5954CCCharges $1,721.11
JasonB061522 06/15/2022 2565 CC Charges $2,352.27
MarilynM061522 06/15/2022 6763 CC Charges $191.88
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$47,352.24
230 - Env Mgmt Cln Crk Strm Drain 230 100-100 (Cash & Investments Assets Operating Cash)
$392.86
265 - BMR Housing 265 100-100 (Cash & Investments Assets Operating Cash)
$9.95
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$196.76
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$61.33
520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash)
$3,951.23
560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash)
$850.20
user: Vi Tran Pages: 22 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 779
CC 08-16-2022
779 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$800.46
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$3,961.88
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$1,946.53
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$2,193.04
34624 06/24/2022 Open Accounts Payable WEST COAST ARBORISTS, INC. $3,680.00 Invoice Date Description Amount
1-8029 06/08/2022 The Rise at Vallco Arborist Review 2022/05 $3,680.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,680.00
34625 06/24/2022 Open Accounts Payable WEST VALLEY COMMUNITY SVCS AGENCY
$60,756.86
Invoice Date Description Amount
1851 05/31/2022 CWP Homeless Jobs Program 2022/05 $7,277.64 WVCS VV Q3FY2122 06/16/2022 Vista Village Renovation Q3 FY21-22 $53,479.22 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$7,277.64
260 - CDBG 260 100-100 (Cash & Investments Assets Operating Cash)
$53,479.22
Type EFT Totals: 69 Transactions $704,188.30
Main Account - Main Checking Account Totals
Checks Status Count Transaction Amount Reconciled Amount Open 55 $115,389.63 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
user: Vi Tran Pages: 23 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 780
CC 08-16-2022
780 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
Stopped 0 $0.00 $0.00
Total 55 $115,389.63 $0.00
EFTs Status Count Transaction Amount Reconciled Amount
Open 69 $704,188.30 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Total 69 $704,188.30 $0.00
All Status Count Transaction Amount Reconciled Amount
Open 124 $819,577.93 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 124 $819,577.93 $0.00
Grand Totals:

Checks Status Count Transaction Amount Reconciled Amount Open 55 $115,389.63 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 55 $115,389.63 $0.00
EFTs Status Count Transaction Amount Reconciled Amount
Open 69 $704,188.30 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Total 69 $704,188.30 $0.00
All Status Count Transaction Amount Reconciled Amount
Open 124 $819,577.93 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 124 $819,577.93 $0.00
user: Vi Tran Pages: 24 of 24 Monday, June 27, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/18/2022 - To Payment Date: 6/27/2022 781
CC 08-16-2022
781 of 1555
RESOLUTION NO. 22-XXX

A RESOLUTION OF THE CUPERTINO CITY COUNCIL

RATIFYING CERTAIN CLAIMS AND DEMANDS PAYABLE IN THE

AMOUNTS AND FROM THE FUNDS AS HEREINAFTER DESCRIBED FOR

GENERAL AND MISCELLANEOUS EXPENDITURES FOR THE PERIOD
ENDING JULY 5, 2022
WHEREAS, the Director of Administrative Services or her designated representative has certified to accuracy of the following claims and demands and to the availability of funds for payment hereof; and
WHEREAS, the said claims and demands have been audited as required by law.

NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby allow the following claims and demands in the amounts and from the funds as hereinafter set forth in the attached Payment Register.

PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 16
th day of August, 2022 by the following vote:

Vote Members of the City Council
AYES:

NOES:

ABSENT:

ABSTAIN:

SIGNED:
________
Darcy Paul, Mayor
City of Cupertino
________________________
Date
ATTEST:
________
Kirsten Squarcia, City Clerk
________________________
Date
782
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782 of 1555
Resolution No. 22-XXX

Page 2 ends

CERTIFICATION
The Administrative Services Director hereby certifies to the accuracy of said records and to the availability of funds for payment.

CERTIFIED:

Kristina Alfaro, Director of Administrative Services
783
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
Main Account - Main Checking Account
Check
730563 07/01/2022 Open Accounts Payable ADVANTAGE GRAFIX $87.30 Invoice Date Description Amount
46716 06/18/2022 FY21-22- PW CIP - BBF graphics and fact sheet $87.30 Paying Fund Cash Account Amount
560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash)
$87.30
730564 07/01/2022 Open Accounts Payable American Assured Security, Inc. $423.50 Invoice Date Description Amount
48907 06/19/2022 FY21-22 QCC Rental Security Staff 6/11/22 $423.50 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$423.50
730565 07/01/2022 Open Accounts Payable AMERICAN PORTABLES $8,763.83 Invoice Date Description Amount
1481 06/14/2022 FY21-22 4th of July - Portable Restrooms $8,763.83 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$8,763.83
730566 07/01/2022 Open Accounts Payable BUBBLE MARKETING $1,616.40 Invoice Date Description Amount
31451 03/30/2022 C-900 Club Wipes FY 21-22 $538.80
32418 06/22/2022 c-600 Citrus Refill FY 21-22 $1,077.60 Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$1,616.40
730567 07/01/2022 Open Accounts Payable California Association Public Information Official
$25.00
Invoice Date Description Amount
16052 06/27/2022 FY21-22: Kavitha Registration for CAPIO Webinar Training
$25.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$25.00
730568 07/01/2022 Open Accounts Payable CALIFORNIA WATER SERVICE $29,386.60 Invoice Date Description Amount
3333-062322 06/23/2022 FY 21-22 5926633333 5/18/22-6/17/22 $29,386.60 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$29,386.60
730569 07/01/2022 Open Accounts Payable CALIFORNIA WATER SERVICE $16,156.37 Invoice Date Description Amount
3333-052322 05/23/2022 FY 21-22 5926633333 4/20/22-5/17/22 $16,156.37 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$16,156.37
user: Vi Tran Pages: 1 of 18 Tuesday, July 05, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/25/2022 - To Payment Date: 7/1/2022 784
CC 08-16-2022
784 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
730570 07/01/2022 Open Accounts Payable CINTAS $1,877.64 Invoice Date Description Amount
4123769248 06/28/2022 FY 21-22 Uniforms Safety Apparel $1,877.64 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,877.64
730571 07/01/2022 Open Accounts Payable CLAP Arts $9,248.85 Invoice Date Description Amount
CLAPSpringJune22 06/28/2022 FY21-22: CLAP Arts Spring 2022 June Payment $9,248.85 Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$9,248.85
730572 07/01/2022 Open Accounts Payable COLANTUONO, HIGHSMITH &

WHATLEY, PC
$165.53
Invoice Date Description Amount
52212 06/06/2022 FY 21-22 - Legal Services, May 2022 $165.53 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$165.53
730573 07/01/2022 Open Accounts Payable COUNTY OF SANTA CLARA $18,109.67 Invoice Date Description Amount
1800081782 06/08/2022 FY21-22 - Apple Worldwide Developers Conf 6/6/22 $18,109.67 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$18,109.67
730574 07/01/2022 Open Accounts Payable COUNTY OF SANTA CLARA $620.00 Invoice Date Description Amount
IN1259707 06/15/2022 FY 21-22 Streets: Env Health Permit Fee $620.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$620.00
730575 07/01/2022 Open Accounts Payable County of Santa Clara $350.00 Invoice Date Description Amount
DIR-2021-027 06/29/2022 Exempt Filing FY21-22 $50.00
DIR-2022-002 06/29/2022 Exempt Filing FY21-22 $50.00
DIR-2022-009 06/29/2022 Exempt Filing FY21-22 $50.00
R-2021-048 06/29/2022 Exempt Filing FY21-22 $50.00
RM-2021-035 06/29/2022 Exempt Filing FY21-22 $50.00
TR-2022-019 06/29/2022 Exempt Filing FY21-22 $50.00
TUP-2022-003 06/29/2022 Exempt Filing FY21-22 $50.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$350.00
730576 07/01/2022 Open Accounts Payable Cupertino Union School District $355.10 Invoice Date Description Amount
AT22-00015 06/16/2022 FY21-22 McClellan Field Trip bus- Meyeholz School

5.16.22 $177.55
user: Vi Tran Pages: 2 of 18 Tuesday, July 05, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/25/2022 - To Payment Date: 7/1/2022 785
CC 08-16-2022
785 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
AT22-00016 06/16/2022 FY21-22 McClellan Field Trip bus- Meyeholz School

5.17.22 $177.55
Paying Fund Cash Account Amount
230 - Env Mgmt Cln Crk Strm Drain 230 100-100 (Cash & Investments Assets Operating Cash)
$355.10
730577 07/01/2022 Open Accounts Payable DAVID WELLHOUSE & ASSOCIATES, INC.
$4,000.00
Invoice Date Description Amount
1830 06/21/2022 FY 21-22 Services, Project ID CUPSB90F22 $4,000.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$4,000.00
730578 07/01/2022 Open Accounts Payable Degree HVAC, Inc $3,415.00 Invoice Date Description Amount
28927 06/24/2022 Facilities - FY 21-22 HVAC Services Sports Center $2,650.00 28850 06/24/2022 FY 21-22 Sport Center Unit #2 Rooftop Repair $765.00 Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$3,415.00
730579 07/01/2022 Open Accounts Payable Facilitron Inc. $1,447.80 Invoice Date Description Amount
JX3M3B7U5ZAH-7 06/27/2022 FY 21/22 Recreation Department Rental CHS Field House
$1,447.80
Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$1,447.80
730580 07/01/2022 Open Accounts Payable FHDA CCD EUPHRAT MUSEUM DE

ANZA COLLEGE
$2,111.40
Invoice Date Description Amount
EuphSpring22-1 06/28/2022 FY21-22 Spring 2022 Contractor Payment 1 - Euphrat Museum of Art
$2,111.40
Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$2,111.40
730581 07/01/2022 Open Accounts Payable Foster Brothers Security Systems $409.87 Invoice Date Description Amount
1882 06/27/2022 Facilities - FY 21-22 Cut Key, Deadbolt $409.87 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$409.87
730582 07/01/2022 Open Accounts Payable FREMONT UNION HIGH SCHOOL

DISTRICT
$40,575.00
Invoice Date Description Amount
FY21-22 FUHSD 06/28/2022 FY21-22 FUHSD Contractor Closing Payment $40,575.00 Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$40,575.00
user: Vi Tran Pages: 3 of 18 Tuesday, July 05, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/25/2022 - To Payment Date: 7/1/2022 786
CC 08-16-2022
786 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
730583 07/01/2022 Open Accounts Payable Freyer & Laureta, Inc. $1,885.00 Invoice Date Description Amount
22-325 06/10/2022 FY 21-22 Service Center Security Project Task I & III $1,885.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,885.00
730584 07/01/2022 Open Accounts Payable H.T. Harvey & Associates $255.00 Invoice Date Description Amount
60742 05/31/2022 FY21-22-RCT Mitigation Monitoring & Report through 04302022
$255.00
Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$255.00
730585 07/01/2022 Open Accounts Payable Hexagon Transportation Consultants, Inc.
$3,500.00
Invoice Date Description Amount
15724 06/29/2022 FY21-22 10046 Bianchi Way Peer Review 2022/06 $3,500.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,500.00
730586 07/01/2022 Open Accounts Payable HOME DEPOT CREDIT SERVICES $5,209.11 Invoice Date Description Amount
321380 05/27/2022 FY 21-22 Grounds - Ralph A Parawedge $18.76 4013788 06/02/2022 FY 21-22 Streets Michael K Roller Cover $122.50 5321940 06/01/2022 FY 21-22 Grounds Brandon M Strap Wrench, MultiTool Blade Kit$923.28 6321892 05/31/2022 FY 21-22 Streets John S Gravel Final Backfill for Cordova Wall
$23.06
3013910 06/03/2022 FY 21-22 Grounds-Brandon Morales Spreader $91.78 4605180 06/02/2022 FY 21-22 Fleet Cesar G Blue Bungee $3.83 6372974 06/10/2022 FY 21-22 Streets Dan B Socket $59.00 7518229 06/09/2022 FY 21-22 Facilities Domingo S Headlamp, Slide-on Under Seal
$51.70
6520362 05/31/2022 FY 21-22 Facilities Robert G Lightbulbs $21.84 2390487 06/14/2022 FY 21-22 Grounds Travis Warner Lithium Ion Power Batt Bkpak
$610.31
1035716 06/15/2022 FY 21-22 Grounds-Brandon Martinez Concrete Mix $181.86 9322748 06/17/2022 FY 21-22 Trees/ROW Diego Plywood, Lumber, Cannon, Surge Protec.
$172.24
4010025 06/22/2022 FY 21-22 Streets John Stiehr 9oz Gorilla Max Adhesive
$212.79
4030412 06/22/2022 FY 21-22 Grounds Brandon M Kneeling pad, Battery, Wrench, Brush
$1,083.45
5390499 06/21/2022 FY 21-22 Grounds Sean Filbeck Brown Stain, Screw, Stakes
$26.02
4520358 06/22/2022 FY 21-22 Facilities Ty B High Output Batt, Multi Tool $620.16 4512557 06/22/2022 FY 21-22 Facilities Ty B Measure, Blade Kit, Wrench, Bit Set
$702.46
5400737 06/21/2022 FY 21-22 Grounds Sean Filbeck Brown Stain $9.67 user: Vi Tran Pages: 4 of 18 Tuesday, July 05, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/25/2022 - To Payment Date: 7/1/2022 787
CC 08-16-2022
787 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
4520334 06/22/2022 FY 21-22 Facilities Domingo Smartlock, GFCI, Batteries
$95.03
3323117 06/23/2022 FY 21-22 Streets - Juan Deleon 2" Coupling $52.02 3090710 06/23/2022 FY 21-22 Trees/ROW Justice P 3 Hole 3/4 Deep Silver $63.98 3512972 06/23/2022 FY 21-22 Facilities Domingo S Ridgid Hi Effceny Fltr $63.37 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$4,735.91
230 - Env Mgmt Cln Crk Strm Drain 230 100-100 (Cash & Investments Assets Operating Cash)
$59.00
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$387.31
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$23.06
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$3.83
730587 07/01/2022 Open Accounts Payable ICLEI-LOCAL GOV FOR

SUSTAINABILITY
$1,200.00
Invoice Date Description Amount
2747 05/02/2022 FY21-22 : Annual Membership Dues 8/1/2022- 7/31/2023
$1,200.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,200.00
730588 07/01/2022 Open Accounts Payable INTERSTATE BATTERY SYSTEM SAN JOSE INC.
$268.10
Invoice Date Description Amount
60290859 06/21/2022 FY 21-22 Fleet: batteries $268.10
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$268.10
730589 07/01/2022 Open Accounts Payable IRON MOUNTAIN $1,622.42 Invoice Date Description Amount
GRSB583 06/30/2022 FY 21-22 - City Clerk Office Storage for 7/1/22-7/31/22 $1,622.42 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,622.42
730590 07/01/2022 Open Accounts Payable Jumaini Judoprasetijo $625.75 Invoice Date Description Amount
Jumaini060422 06/04/2022 FY21-22 - 2022 GFOA Conference $625.75 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$625.75
730591 07/01/2022 Open Accounts Payable KELLY-MOORE PAINT CO INC $146.33 Invoice Date Description Amount
808-00000848876 06/24/2022 Facilities - FY 21-22 Acryl Prim/Sealer $146.33 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$146.33
user: Vi Tran Pages: 5 of 18 Tuesday, July 05, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/25/2022 - To Payment Date: 7/1/2022 788
CC 08-16-2022
788 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
730592 07/01/2022 Open Accounts Payable MAD SCIENCE OF THE BAY AREA $7,257.00 Invoice Date Description Amount
MSCSpring22-June 06/28/2022 FY21-22 Spring Payment June - Mad Science $7,257.00 Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$7,257.00
730593 07/01/2022 Open Accounts Payable NAPA AUTO PARTS $737.84 Invoice Date Description Amount
5983-767285 06/21/2022 Fleet - FY 21-22 Brake Pad, Valve, Brake Rotor $481.06 5983-767521 06/22/2022 Fleet - FY 21-22 Brake Rotor $171.33 5983-767785 06/23/2022 Fleet - FY 21-22 Spark Plug, 24 Valve $45.24 767297 06/21/2022 Fleet - FY 21-22 Spark Plugs Part#'s 7599 and 3066 $40.21 Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$737.84
730594 07/01/2022 Open Accounts Payable OCCUPATIONAL HEALTH

CENTERS OF CALIFORNIA
$64.00
Invoice Date Description Amount
75671177 06/13/2022 FY21-22 TB Test - R.Bhasin, R. Katare $64.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$64.00
730595 07/01/2022 Open Accounts Payable PACIFIC COAST TRANE SERVICE $122.30 Invoice Date Description Amount
JC100139 06/13/2022 Facilities - FY 21-22 Library $122.30 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$122.30
730596 07/01/2022 Open Accounts Payable PG&E $233.98
Invoice Date Description Amount
0349-062322 06/23/2022 FY 21-22 3042033034-9 5/20/22-6/17/22 $203.89 0719-062322 06/23/2022 FY 21-22 9223068071-9 5/19/22-6/16/22 $30.09 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$233.98
730597 07/01/2022 Open Accounts Payable REUSER INC. $3,196.37 Invoice Date Description Amount
6902 06/21/2022 Trees/ROW - FY 21-22 Woodchips $3,196.37 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,196.37
730598 07/01/2022 Open Accounts Payable Rodney Weathers $690.00 Invoice Date Description Amount
RodneyW06142022 06/14/2022 ICC Commercial Electrical Inspector Certification FY21 -22
$230.00
RodneyW06282022 06/28/2022 ICC Residential Plumbing Inspector Certification FY21- 22 $230.00
user: Vi Tran Pages: 6 of 18 Tuesday, July 05, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/25/2022 - To Payment Date: 7/1/2022 789
CC 08-16-2022
789 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
RodneyW062822 06/28/2022 ICC Residential Electrical Inspector Certification FY21- 22 $230.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$690.00
730599 07/01/2022 Open Accounts Payable Royal Coach Tours $49.00 Invoice Date Description Amount
22810 06/21/2022 06/15/2022 Historic Napa River - Time Overage $49.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$49.00
730600 07/01/2022 Open Accounts Payable SIERRA PACIFIC TURF SUPPLY INC
$1,103.77
Invoice Date Description Amount
0623197-IN 06/17/2022 Grounds - FY 21-22 Tri-Cure AD 2.5gal, Surge 25% POLYS
$1,103.77
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,103.77
730601 07/01/2022 Open Accounts Payable STATE WATER RESOURCES

CONTROL BOARD
$200.00
Invoice Date Description Amount
551178 06/24/2022 Application fee for Memorial Park Ponds SWRCB $200.00 Paying Fund Cash Account Amount
280 - Park Dedication 280 100-100 (Cash & Investments Assets Operating Cash)
$200.00
730602 07/01/2022 Open Accounts Payable STERICYCLE INC $673.63 Invoice Date Description Amount
3005877442 02/01/2022 FY21-22 Hazamat Pickup at BBF 2022 Calendar Year $673.44 3005954679 04/01/2022 FY21-22 Late Fee for Hazamat Pickup Payment for 2022
$0.19
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$673.63
730603 07/01/2022 Open Accounts Payable THE GOODYEAR TIRE & RUBBER

COMPANY
$1,002.56
Invoice Date Description Amount
189-1108778 06/22/2022 FY21-22 Fleet: tires $1,002.56
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$1,002.56
730604 07/01/2022 Open Accounts Payable UNIVERSAL DIALOG INC. $200.00 Invoice Date Description Amount
5779-ENTC 06/23/2022 FY21-22 Postcard translation services for AB1276 info $80.00 5781-ENTC 06/23/2022 FY21-22 translation services for single-use plastics flyer
$120.00
Paying Fund Cash Account Amount
user: Vi Tran Pages: 7 of 18 Tuesday, July 05, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/25/2022 - To Payment Date: 7/1/2022 790
CC 08-16-2022
790 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash)
$200.00
730605 07/01/2022 Open Accounts Payable DAI, LULU $3,000.00 Invoice Date Description Amount
273398 06/28/2022 21837 Monte Ct, Encroachment Bond, 273398 $3,000.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,000.00
730606 07/01/2022 Open Accounts Payable DANIEL ZAMANO $298.89 Invoice Date Description Amount
308182 06/24/2022 REFUND 10441 GLENVIEW AVE BLD-2022-0565 WITHDRAWN FY21-22
$298.89
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$298.89
730607 07/01/2022 Open Accounts Payable KYUNG LEE $163.00 Invoice Date Description Amount
312018 06/29/2022 FY21-22 The applicant cancelled the application $163.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$163.00
730608 07/01/2022 Open Accounts Payable LUO WEI $882.00 Invoice Date Description Amount
307214 06/24/2022 REFUND 10340 PLUM TREE LN BLD-2022-0407 WITHDRAWN FY21-22
$882.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$882.00
730609 07/01/2022 Open Accounts Payable Nathan Vasquez $30.00 Invoice Date Description Amount
Vasquez062322 06/23/2022 FY21-22 Live Scan and Fingerprinting Reimbursement $30.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$30.00
730610 07/01/2022 Open Accounts Payable SHANKO WANG $5,000.00 Invoice Date Description Amount
276232 06/22/2022 REFUND 1143 KENTWOOD AVE B-2018-1242 TCO BOND FY21-22
$5,000.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$5,000.00
730611 07/01/2022 Open Accounts Payable THOMAS JAMES HOMES $3,700.00 Invoice Date Description Amount
269874 06/29/2022 10206&10208 Orange Ave, FP Bond 10%, 269874 $3,700.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,700.00
user: Vi Tran Pages: 8 of 18 Tuesday, July 05, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/25/2022 - To Payment Date: 7/1/2022 791
CC 08-16-2022
791 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
730612 07/01/2022 Open Accounts Payable Applied Development Economics $18,600.00 Invoice Date Description Amount
3221260 03/31/2022 FY21-22: Applied Development Economics - March 2022
$5,300.00
422160 04/30/2022 FY21-22: Applied Development Economics - April 2022 $5,400.00 5221260 05/31/2022 FY21-22: Applied Development Economics - May 2022 $7,900.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$18,600.00
730613 06/30/2022 Open Accounts Payable Affordable Water Heaters & Plumbing Inc.
$171.50
Invoice Date Description Amount
RefundB2018-1950 12/11/2018 Refund 28358 Constellation Rd B-2018-1950-Permit Refund
$171.50
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$171.50
730614 06/30/2022 Open Accounts Payable Bhutta, Syeda Asra $300.00 Invoice Date Description Amount
5310 12/18/2018 Social Room, deposit refund, 12.16.18, Permit R5310 $300.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$300.00
Type Check Totals: 52 Transactions $201,532.41
EFT
34626 06/27/2022 Open Accounts Payable EMPLOYMENT DEVEL DEPT $45,096.47 Invoice Date Description Amount
06172022 06/17/2022 FY21-22 CA State Tax pp 6/4/22-6/17/22 $45,096.47 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$45,096.47
34627 06/27/2022 Open Accounts Payable IRS $149,085.57
Invoice Date Description Amount
06172022 06/17/2022 FY21-22 Federal Tax pp 6/4/22-6/17/22 $149,085.57 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$149,085.57
34628 06/30/2022 Open Accounts Payable P E R S $159,517.80 Invoice Date Description Amount
06172022 06/17/2022 FY21-22 PERS Employee pp 6/4/22-6/17/22 $159,517.80 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$159,517.80
34629 06/30/2022 Open Accounts Payable P E R S $526.36
Invoice Date Description Amount
06012022 06/17/2022 FY21-22 PERS Council pp 6/1/22-6/30/22 $526.36 Paying Fund Cash Account Amount
user: Vi Tran Pages: 9 of 18 Tuesday, July 05, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/25/2022 - To Payment Date: 7/1/2022 792
CC 08-16-2022
792 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$526.36
34630 06/27/2022 Open Accounts Payable USPS - EFT ONLY $3,922.30 Invoice Date Description Amount
486397401 05/27/2022 CUPERTINO SCENE INC - BBF Golf Mailer $3,922.30 Paying Fund Cash Account Amount
560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash)
$3,922.30
34631 06/27/2022 Open Accounts Payable USPS - EFT ONLY $3,922.30 Invoice Date Description Amount
486486158 05/28/2022 CUPERTINO SCENE INC $3,922.30
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,922.30
34632 06/27/2022 Open Accounts Payable USPS - EFT ONLY $393.29 Invoice Date Description Amount
490226639 06/21/2022 CUPERTINO SCENE INC $393.29
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$393.29
34633 06/28/2022 Open Accounts Payable California Public Employees' Retirement System
$1.08
Invoice Date Description Amount
100000016835501 06/14/2022 2022 Replacement Benefit Contribution Charges $1.08 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1.08
34634 06/28/2022 Open Accounts Payable California Public Employees' Retirement System
$1,029.30
Invoice Date Description Amount
100000016841152 06/20/2022 1959 Survivor Billing Adjustment $1,029.30 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,029.30
34635 06/28/2022 Open Accounts Payable California Public Employees' Retirement System
$6,852.60
Invoice Date Description Amount
100000016840909 06/20/2022 1959 Survivor Billing Adjustment $6,852.60 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$6,852.60
34636 06/28/2022 Open Accounts Payable California Public Employees' Retirement System
$3,073.80
Invoice Date Description Amount
100000016841186 06/20/2022 1959 Survivor Billing Adjustment $3,073.80 Paying Fund Cash Account Amount
user: Vi Tran Pages: 10 of 18 Tuesday, July 05, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/25/2022 - To Payment Date: 7/1/2022 793
CC 08-16-2022
793 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,073.80
34637 07/01/2022 Open Accounts Payable ALESHIRE & WYNDER, LLP $945.00 Invoice Date Description Amount
68669 06/23/2022 FY21-22 Vallco SB35 Legal Review 2022/05 $945.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$945.00
34638 07/01/2022 Open Accounts Payable Amazon Capital Services $54.34 Invoice Date Description Amount
197F-D9XM-W4RJ 06/27/2022 FY21-22 Nidhi - CIO Leadership for Cities and Counties
$32.68
1PGP-CQP1-QLVN 06/20/2022 FY21-22 (Amazon - AA batteries) $21.66 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$54.34
34639 07/01/2022 Open Accounts Payable B&H PHOTO VIDEO $2,373.89 Invoice Date Description Amount
203345427 06/22/2022 FY21-22 (RDL; ATEM Switcher; Video Assist 7"; Tiffen 77MM)
$2,373.89
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,373.89
34640 07/01/2022 Open Accounts Payable BECK'S SHOES INCORPORATED $400.00 Invoice Date Description Amount
256588-00 06/24/2022 Uniforms Safety Apparel - FY 21-22 Boots Junnie Hemann
$400.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$400.00
34641 07/01/2022 Open Accounts Payable BIKEEP INC. $49.00 Invoice Date Description Amount
17854 06/30/2022 FY21-22 - Monthly Bikeep Fee $49.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$49.00
34642 07/01/2022 Open Accounts Payable Boucher Law, PC $18,646.80 Invoice Date Description Amount
1073 06/21/2022 FY21-22 Labor & Employment Law Matters APR 2022 $11,230.60 1074 06/21/2022 FY 21-22 2022 Labor Negotiations $7,416.20 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$18,646.80
34643 07/01/2022 Open Accounts Payable CALIFORNIA COMMERCIAL FENCE $62,125.82 Invoice Date Description Amount
2383 06/17/2022 FY21-22-City of Cupertino - Regnart Creek Trail $62,125.82 Paying Fund Cash Account Amount
user: Vi Tran Pages: 11 of 18 Tuesday, July 05, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/25/2022 - To Payment Date: 7/1/2022 794
CC 08-16-2022
794 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$62,125.82
34644 07/01/2022 Open Accounts Payable CHESAPEAKE SYSTEMS

INTERNATIONAL, LLC
$6,000.00
Invoice Date Description Amount
00014012 06/24/2022 FY21-22 Consultancy, custom development & Server Migration
$6,000.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$6,000.00
34645 07/01/2022 Open Accounts Payable CODELINKD, LLC $930.00 Invoice Date Description Amount
CODEL_SPR2022-1 06/29/2022 FY21-22 CODELINKD_SPRING2022-PAYMENT 1 $930.00 Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$930.00
34646 07/01/2022 Open Accounts Payable COLLEEN FERRIS $55.00 Invoice Date Description Amount
ColleenF061622 06/16/2022 cell phone service 5/17-6/16 FY 21-22 $55.00 Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$55.00
34647 07/01/2022 Open Accounts Payable Communication Academy $3,052.00 Invoice Date Description Amount
CASpring22-1 06/28/2022 FY21-22 Spring 2022 Contractor Payment 1 - Communication Academy
$3,052.00
Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$3,052.00
34648 07/01/2022 Open Accounts Payable CUPERTINO SUPPLY INC $886.45 Invoice Date Description Amount
293323 06/17/2022 Facilities - FY 21-22 Brass Spud $70.71 293451 06/20/2022 FY21-22 Grounds: supplies $808.10
293453 06/20/2022 FY 21-22 Grounds: supplies $7.64
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$886.45
34649 07/01/2022 Open Accounts Payable Environmental Systems Research Institute, Inc.
$1,000.00
Invoice Date Description Amount
94273360 06/22/2022 FY21-22 ArcGIS Online Service Credits; Block of 1,000 $1,000.00 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$1,000.00
34650 07/01/2022 Open Accounts Payable FitPros $2,200.00 Invoice Date Description Amount
2091 02/15/2022 FY21-22 - Health Talk - Diversity, Equity & Inclusion $2,200.00 Paying Fund Cash Account Amount
user: Vi Tran Pages: 12 of 18 Tuesday, July 05, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/25/2022 - To Payment Date: 7/1/2022 795
CC 08-16-2022
795 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,200.00
34651 07/01/2022 Open Accounts Payable FolgerGraphics $3,788.32 Invoice Date Description Amount
132727 06/21/2022 FY21-22 - CIP PW: Jollyman Park Postcard Mailer $2,866.71 132747 06/23/2022 FY21-22 4th of July Postcards $497.61 132012 04/14/2022 FY21-22 Earth Day Postcards $424.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$497.61
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$2,866.71
520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash)
$424.00
34652 07/01/2022 Open Accounts Payable GARDENLAND POWER

EQUIPMENT
$735.82
Invoice Date Description Amount
941329 06/24/2022 Trees/ROW - FY 21-22 Hand Saw, Pole Runner, Pruner, Holster
$735.82
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$735.82
34653 07/01/2022 Open Accounts Payable GRAINGER INC $1,808.46 Invoice Date Description Amount
9348051047 06/16/2022 Fleet - FY 21-22 Number Label 5, 7, 9, Cam and Groove Gasket
$66.19
9348051005 06/16/2022 Fleet - FY 21-22 Cord Reel w/Lamp $367.77 9348051054 06/16/2022 Fleet - FY 21-22 #Label 0, 2, 3, 4, 6, 8, 1 Stencil Kit $344.44 9348051021 06/16/2022 Fleet - FY 21-22 Hose Reel 1/4 50Ft, 25Ft, Cord Reel w/Lamp
$1,002.87
9352703681 06/21/2022 FY 21-22 Streets: marking flag $27.19 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$27.19
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$1,781.27
34654 07/01/2022 Open Accounts Payable GYM PRECISION, INC. $195.00 Invoice Date Description Amount
17103 06/23/2022 Preventative Maintenance was performed on all gym equi FY 21-22
$195.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$195.00
34655 07/01/2022 Open Accounts Payable INSERVH20 INC. $810.80 Invoice Date Description Amount
2065 06/03/2022 Facilities - FY 21-22 June 2022 Water Treatment $810.80 Paying Fund Cash Account Amount
user: Vi Tran Pages: 13 of 18 Tuesday, July 05, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/25/2022 - To Payment Date: 7/1/2022 796
CC 08-16-2022
796 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$810.80
34656 07/01/2022 Open Accounts Payable Jill Haff $312.00 Invoice Date Description Amount
Spring Payment 2 06/28/2022 FY21/22 payment for spring classes $312.00 Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$312.00
34657 07/01/2022 Open Accounts Payable JINDY GARFIAS $55.00 Invoice Date Description Amount
JindyG061122 06/11/2022 Cell Phone Reimbursement - FY 21-22 Jindy G 5-12- 22 to 6-11-22
$55.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$55.00
34658 07/01/2022 Open Accounts Payable Jo Anne Johnson $605.00 Invoice Date Description Amount
JoAnneJ072221 07/22/2021 Cell Phone Reimbursement through 07222021 $55.00 JoAnneJ082221 08/22/2021 Cell Phone Reimbursement through 08222021 $55.00 JoAnneJ092221 09/22/2021 Cell Phone Reimbursement through 09222021 $55.00 JoAnneJ102221 10/22/2021 Cell Phone Reimbursement through 10222021 $55.00 JoAnneJ112221 11/22/2021 Cell Phone Reimbursement through 11222021 $55.00 JoAnneJ122221 12/22/2021 Cell Phone Reimbursement through 12222021 $55.00 JoAnneJ012222 01/22/2022 Cell Phone Reimbursement through 01222022 $55.00 JoAnneJ022222 02/22/2022 Cell Phone Reimbursement through 02222022 $55.00 JoAnneJ032222 03/22/2022 Cell Phone Reimbursement through 03222022 $55.00 JoAnneJ042222 04/22/2022 Cell Phone Reimbursement through 04222022 $55.00 JoAnneJ052222 05/22/2022 Cell Phone Reimbursement through 05222022 $55.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$605.00
34659 07/01/2022 Open Accounts Payable John Raaymakers $110.00 Invoice Date Description Amount
JohnR051922 05/19/2022 FY21-22-Cell Phone Reimbursement through 042022- 051922
$55.00
JohnR061922 06/19/2022 FY21-22-Cell Phone Reimbursement through 052022- 061922
$55.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$110.00
34660 07/01/2022 Open Accounts Payable JULIA KINST $55.00 Invoice Date Description Amount
JuliaK06192022 06/19/2022 FY21-22-Cell Phone Reimbursement through 052022- 061922
$55.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$55.00
user: Vi Tran Pages: 14 of 18 Tuesday, July 05, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/25/2022 - To Payment Date: 7/1/2022 797
CC 08-16-2022
797 of 1555
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
34661 07/01/2022 Open Accounts Payable KEVIN GREENE $165.00 Invoice Date Description Amount
KevinG041822 04/18/2022 Cell Phone Reimbursement - FY 21-22 Kevin G 3-19- 22 to 4-18-22
$55.00
KevinG051822 05/18/2022 Cell Phone Reimbursement - FY 21-22 Kevin G 4-19- 22 to 5-18-22
$55.00
KevinG061822 06/18/2022 Cell Phone Reimbursement - FY 21-22 Kevin G 05-19- 22 to 06-18-22
$55.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$165.00
34662 07/01/2022 Open Accounts Payable KIMBALL-MIDWEST $244.29 Invoice Date Description Amount
100045972 06/21/2022 Fleet - FY 21-22 Grease Fit Adapt Set Tire Detailer $244.29 Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$244.29
34663 07/01/2022 Open Accounts Payable MOSS ADAMS LLP $1,400.00 Invoice Date Description Amount
102317463 06/24/2022 FY 21-22 Professional Services MAY 2022 $1,125.00 102318895 06/28/2022 FY21-22 Ongoing Program Management MAY 2022 $275.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,400.00
34664 07/01/2022 Open Accounts Payable ODP Business Solutions, LLC $1,537.82 Invoice Date Description Amount
247661236001 06/02/2022 Service Center - FY 21-22 Kitchen and Closet Supplies $145.29 242933531001 05/19/2022 FY 21-22 Office supplies $610.81 247281543001 06/07/2022 FY 21-22 Office supplies $57.07 249637604001 06/10/2022 Service Center - FY 21-22 Cabinet Supplies $315.20 249709100001 06/09/2022 Service Center - FY 21-22 Kitchen Supplies $112.52 249718344001 06/09/2022 FY21-22 - Office Supplies - Admin Svcs $80.69 245993377001 06/07/2022 Office Supplies - Batteries FY21-22 $216.24 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,537.82
34665 07/01/2022 Open Accounts Payable RANEY PLANNING & MANAGEMENT, INC.
$1,998.82
Invoice Date Description Amount
2198E-7 06/16/2022 FY21-22 20860 McClellan Road Environmental Review 2022/05
$1,998.82
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,998.82
34666 07/01/2022 Open Accounts Payable RISE HOUSING SOLUTIONS, INC $31,692.00 Invoice Date Description Amount
Cupertino - 014 06/30/2022 BMR Program Administrator 2022/06 FY21-22 $31,692.00 Paying Fund Cash Account Amount
user: Vi Tran Pages: 15 of 18 Tuesday, July 05, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/25/2022 - To Payment Date: 7/1/2022 798
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
265 - BMR Housing 265 100-100 (Cash & Investments Assets Operating Cash)
$31,692.00
34667 07/01/2022 Open Accounts Payable Robert Half $932.20 Invoice Date Description Amount
60213776 06/21/2022 FY21-22 Tiago BL Support Assistance - week of 06/17/22
$932.20
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$932.20
34668 07/01/2022 Open Accounts Payable ROSS RECREATION EQUIPMENT, INC.
$17,261.75
Invoice Date Description Amount
I21248 06/28/2022 Grounds - FY 21-22 Rubber Surfacing $17,261.75 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$17,261.75
34669 07/01/2022 Open Accounts Payable RRM DESIGN GROUP $10,521.25 Invoice Date Description Amount
1832-00-0522 06/17/2022 FY21-22 Design Review Consultant 2022/06 $3,488.75 2132-01-0322 04/21/2022 FY21-22 CWP Mixed Use Design Review Standards 2022/03
$4,865.00
2132-01-0222 03/21/2022 FY21-22 CWP Mixed Use Design Review Standards 2022/02
$2,167.50
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$10,521.25
34670 07/01/2022 Open Accounts Payable Ryan Do $28.84
Invoice Date Description Amount
RyanD060922 06/09/2022 FY21-22-Cell Phone Reimbursement through 06092022
$28.84
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$28.84
34671 07/01/2022 Open Accounts Payable SHUTE, MIHALY & WEINBERGER LLP
$3,861.70
Invoice Date Description Amount
277372 06/24/2022 FY21-22, Legal Services, May 1 - May 31 $3,601.70 277247 06/22/2022 FY21-22, Legal Services, May 1 - May 31 $260.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,861.70
34672 07/01/2022 Open Accounts Payable Spectrio LLC $14.62 Invoice Date Description Amount
1342042 05/03/2022 FY21-22 (Enplug Prorated April Invoice) $14.62 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$14.62
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Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/25/2022 - To Payment Date: 7/1/2022 799
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
34673 07/01/2022 Open Accounts Payable Tenji, Inc. $1,909.35 Invoice Date Description Amount
3718 06/24/2022 Facilities - FY 21-22 May 2022 Aquarium Services $1,909.35 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,909.35
34674 07/01/2022 Open Accounts Payable TURF STAR, INC. $152.01 Invoice Date Description Amount
7232577-00 06/20/2022 Fleet - FY 21-22 Filter-Fuel/Water Separator $152.01 Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$152.01
34675 07/01/2022 Open Accounts Payable WEST COAST ARBORISTS, INC. $1,600.00 Invoice Date Description Amount
1-8066 06/20/2022 FY21-22 23500 Cristo Rey Arborist Review 2022/06 $1,600.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,600.00
34676 07/01/2022 Open Accounts Payable Whisper Trading & Services LLC $8,252.80 Invoice Date Description Amount
1734 06/16/2022 FY21-22 Headset Replacement for Senior Center Trips $8,252.80 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$8,252.80
34677 07/01/2022 Open Accounts Payable Zoom Video Communications, Inc. $286.72 Invoice Date Description Amount
INV154041288 06/22/2022 FY21-22 Zoom Webinar 1000 - Jun 22, 2022-Jul 21, 2022
$286.72
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$286.72
Type EFT Totals: 52 Transactions $562,473.74
Main Account - Main Checking Account Totals
Checks Status Count Transaction Amount Reconciled Amount Open 52 $201,532.41 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 52 $201,532.41 $0.00
EFTs Status Count Transaction Amount Reconciled Amount
Open 52 $562,473.74 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Total 52 $562,473.74 $0.00
All Status Count Transaction Amount Reconciled Amount
Open 104 $764,006.15 $0.00
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Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/25/2022 - To Payment Date: 7/1/2022 800
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 104 $764,006.15 $0.00
Grand Totals:

Checks Status Count Transaction Amount Reconciled Amount Open 52 $201,532.41 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 52 $201,532.41 $0.00
EFTs Status Count Transaction Amount Reconciled Amount
Open 52 $562,473.74 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Total 52 $562,473.74 $0.00
All Status Count Transaction Amount Reconciled Amount
Open 104 $764,006.15 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 104 $764,006.15 $0.00
user: Vi Tran Pages: 18 of 18 Tuesday, July 05, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 6/25/2022 - To Payment Date: 7/1/2022 801
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CITY OF CUPERTINO
Agenda Item
22-11313 Agenda Date: 8/16/2022
Agenda #: 14.

Subject: Consider the Monthly Treasurer's Report for June 2022 Accept the Monthly Treasurer's Report for June 2022
CITY OF CUPERTINO Page 1 of 1 Printed on 8/11/2022
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1 CITY COUNCIL STAFF REPORT
Meeting: August 16, 2022
Subject
Consider the Monthly Treasurer's Report for June 2022
Recommended Action
Accept the Monthly Treasurer's Report for June 2022
Discussion
Background
California Government Code Section 41004 states:

Regularly, at least once each month, the city treasurer shall submit to the city clerk a written report and accounting of all receipts, disbursements, and fund balances.

The city treasurer shall file a copy with the legislative body.

The City's Municipal Code Section 2.24.030 Monthly Reports states:

The Treasurer shall make monthly reports which conform to the requirements of Government Code Section 41004. Said reports shall be delivered to the City Council, the City Manager and made available for review by such other persons who may so request.

Lastly, the City's Municipal Code Section 2.88.100 Duties–Powers–Responsibilities lists one of the powers and functions of the Audit Committee is "to review the monthly Treasurer's report."
Per the referenced code provisions, a Treasurer's Report (report and accounting of all receipts, disbursements, and fund balances) shall be submitted to the Audit Committee and City Council every month.
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2 Cash vs. Accrual Basis Accounting
Cash and accrual basis accounting differ in the timing when revenues and expenses are recognized and recorded. Cash basis accounting recognizes revenues when payment is received and expenses when payment is paid. Accrual basis accounting recognizes revenues when they are earned (but not necessarily received) and expenses when they are incurred (but not necessarily paid).

Receipts, disbursements, and cash balance are measured on a cash basis. The cash balance shows the total cash and investments in the City's accounts. The ending balance is the beginning balance plus receipts minus disbursements. Journal adjustments include transactions recorded in other systems and imported into New World, Council-approved budget adjustments, quarterly Cost Allocation Plan (CAP) charges, and quarterly interest earnings.

Revenues, expenditures, and fund balance are measured on an accrual basis. As a result, the amount in fund balance does not mean the City has that much cash on hand. Instead, fund balance is the difference between assets and liabilities. The ending balance is the beginning balance plus revenues minus expenditures.

Treasurer's Report
The report provides cash and fund balances for the City of Cupertino for June 2022. The report is as of July 20, 2022.

Receipts, Disbursements, and Cash Balance
The City's General Fund ending cash and investment balance was $123.2 million, an increase of $4.0 million from the prior month. Receipts were $9.5 million, disbursements were ($5.0) million, and journal adjustments were ($0.6) million for the month.

The City's total ending cash and investment balance was $231.1 million, an increase of $1.4 million from the prior month. Receipts were $10.7 million, disbursements were ($7.4) million, and journal adjustments were ($1.9) million for the month.

For June 2022, the journal adjustments included:
 Parks and Recreation transactions imported from ActiveNet into New World  Workers' Compensation transactions
 Quarterly Cost Allocation Plan (CAP) transactions
 Payment of principal and interest on the debt for the City's facilities Fund Balance/Net Position
The City's General Fund ending fund balance was $110.2 million, decreasing by $1.8 million from the prior month due to revenues of $7.7 million and expenditures of $9.5 million.
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3 The City's total ending fund balance was $212.3 million, decreasing by $1.4 million from the prior month due to revenues of $11.9 million and expenditures of $13.3 million.

Sustainability Impact
No sustainability impact.

Fiscal Impact
No fiscal impact.
_____________________________________
Prepared by: __________________
Thomas Leung
Senior Management Analyst
Reviewed by: __________________
Lizz Cook
Interim Finance Manager
Approved for Submission by: __________________
Dianne Thompson
Acting City Manager
Attachments:

A – Report of City-wide Receipts, Disbursements, and Cash Balances June 2022 B – Report of City‐wide Fund Balances/Net Position June 2022 805
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June 2022 Report of City‐wide Receipts, Disbursements, and Cash Balances Cash and Investments
Beginning Balance Ending Balance
Fund Type Fund Number/Name as of May 31, 2022 Receipts Disbursements Journal Adjustments as of June 30, 2022 General Fund 100 General Fund 119,250,480 9,541,698 (4,962,941) (580,913) 123,248,325 General Fund 130 Investment Fund (1,200) ‐ ‐ ‐ (1,200)
Special Revenue Funds 210 Storm Drain Improvement 2,351,326 ‐ (11,218) ‐ 2,340,108 Special Revenue Funds 215 Storm Drain AB1600 1,855,315 7,097 ‐ ‐ 1,862,412 Special Revenue Funds 230 Env Mgmt Cln Crk Strm Drain 981,529 575,866 (100,384) (103,792) 1,353,218 Special Revenue Funds 260 CDBG 526,002 ‐ (73,705) ‐ 452,297 Special Revenue Funds 261 HCD Loan Rehab 232,280 ‐ ‐ ‐ 232,280 Special Revenue Funds 265 BMR Housing 6,045,158 3,350 (52,803) (25,652) 5,970,054 Special Revenue Funds 270 Transportation Fund 12,670,077 224,692 (319,128) (204,168) 12,371,473 Special Revenue Funds 271 Traffic Impact 750,695 ‐ ‐ ‐ 750,695 Special Revenue Funds 280 Park Dedication 22,115,785 ‐ (35,249) ‐ 22,080,536 Special Revenue Funds 281 Tree Fund 138,323 ‐ ‐ ‐ 138,323Debt Service Funds 365 Public Facilities Corp 2,284,850 ‐ ‐ (2,278,000) 6,850 Capital Project Funds 420 Capital Improvement Fund 30,275,814 110,000 (520,657) ‐ 29,865,158 Capital Project Funds 427 Stevens Creek Corridor Park 174,018 ‐ ‐ ‐ 174,018 Capital Project Funds 429 Capital Reserve* 9,546,568 ‐ ‐ ‐ 9,546,568 Enterprise Funds 520 Resource Recovery 6,208,920 217,055 (159,454) (84,641) 6,181,879 Enterprise Funds 560 Blackberry Farm 1,260,849 539 (62,849) 47,274 1,245,812 Enterprise Funds 570 Sports Center 2,326,278 ‐ (346,865) 81,553 2,060,966 Enterprise Funds 580 Recreation Program 3,454,398 11,545 (129,012) 12,741 3,349,672 Internal Service Funds 610 Innovation & Technology 1,809,088 ‐ (343,869) 736,187 2,201,406Internal Service Funds 620 Workersʹ Compensation 3,947,638 ‐ (4,231) 73,109 4,016,516 Internal Service Funds 630 Vehicle/Equip Replacement 865,973 ‐ (185,307) 426,124 1,106,790Internal Service Funds 641 Compensated Absence/LTD 691,266 ‐ 790 (2,238) 689,817 Internal Service Funds 642 Retiree Medical (3,732) ‐ (114,486) (3,720) (121,938) Total $ 229,757,697 $ 10,691,842 $ (7,421,366) $ (1,906,137) $ 231,122,036 * For reporting purposes, this fund rolls up/combines with Fund 420 Printed July 20, 2022
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June 2022 Report of City‐wide Fund Balances/Net Position Beginning Fund Balance Ending Fund Balance
Fund Type Fund Number/Name as of May 31, 2022 Revenues Expenditures as of June 30, 2022 General Fund 100 General Fund 111,993,216 7,698,537 9,463,770 110,227,984 General Fund 130 Investment Fund (1,200) ‐ ‐ (1,200)Special Revenue Funds 210 Storm Drain Improvement 2,351,326 ‐ 11,218 2,340,108Special Revenue Funds 215 Storm Drain AB1600 1,855,315 7,097 ‐ 1,862,412 Special Revenue Funds 230 Env Mgmt Cln Crk Strm Drain 1,012,569 577,074 212,416 1,377,227 Special Revenue Funds 260 CDBG 1,055,421 312,467 73,705 1,294,183 Special Revenue Funds 261 HCD Loan Rehab 232,280 ‐ ‐ 232,280 Special Revenue Funds 265 BMR Housing 6,045,158 3,350 115,343 5,933,166 Special Revenue Funds 270 Transportation Fund 12,668,008 341,821 764,809 12,245,020 Special Revenue Funds 271 Traffic Impact 750,695 ‐ ‐ 750,695 Special Revenue Funds 280 Park Dedication 22,115,734 ‐ 47,383 22,068,351 Special Revenue Funds 281 Tree Fund 138,323 ‐ ‐ 138,323 Debt Service Funds 365 Public Facilities Corp 6,850 ‐ ‐ 6,850 Capital Project Funds 420 Capital Improvement Fund 27,264,746 639,854 652,728 27,251,872 Capital Project Funds 427 Stevens Creek Corridor Park 174,018 ‐ ‐ 174,018 Capital Project Funds 429 Capital Reserve* 9,546,568 ‐ ‐ 9,546,568 Enterprise Funds 520 Resource Recovery 5,275,720 253,196 333,167 5,195,750Enterprise Funds 560 Blackberry Farm 966,802 56,726 104,656 918,873 Enterprise Funds 570 Sports Center 2,451,596 376,404 562,547 2,265,453 Enterprise Funds 580 Recreation Program 2,584,224 326,211 389,495 2,520,940 Internal Service Funds 610 Innovation & Technology 384,590 739,901 319,697 804,794 Internal Service Funds 620 Workersʹ Compensation 2,511,225 89,208 20,330 2,580,103 Internal Service Funds 630 Vehicle/Equip Replacement 1,722,965 429,650 108,399 2,044,215 Internal Service Funds 641 Compensated Absence/LTD 691,266 8,700 10,148 689,817 Internal Service Funds 642 Retiree Medical (3,732) ‐ 118,206 (121,938) Total $ 213,793,683 $ 11,860,195 $ 13,308,015 $ 212,345,863* For reporting purposes, this fund rolls up/combines with Fund 420Printed July 20, 2022 807
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CITY OF CUPERTINO
Agenda Item
22-11314 Agenda Date: 8/16/2022
Agenda #: 15.

Subject: Consider the Monthly Treasurer's Investment Report for June 2022 Accept the Monthly Treasurer's Investment Report for June 2022 CITY OF CUPERTINO Page 1 of 1 Printed on 8/11/2022
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1 CITY COUNCIL STAFF REPORT
Meeting: August 16, 2022
Subject
Consider the Monthly Treasurer's Investment Report for June 2022 Recommended Action
Accept the Monthly Treasurer's Investment Report for June 2022 Discussion
Background
On May 19, 2022, the City Council approved the City's Investment Policy. Per the City's Investment Policy, the Treasurer shall submit monthly transaction reports to the City Council within 30 days of the end of the reporting period per California Government Code Section 53607. In addition to the monthly transaction reports, quarterly investment reports are submitted to the City Council approximately 45 days following the end of the quarter.

The quarterly investment report offers a more extensive discussion of the City's economy, cash flow, and investments.

The City's Municipal Code Section 2.24.050 Investment Authority states that the Treasurer shall make a monthly report of all investment transactions to the City Council. Lastly, the City's Municipal Code Section 2.88.100 Duties–Powers–Responsibilities lists one of the powers and functions of the Audit Committee is "to review the monthly Treasurer's report."
Per the referenced code provisions, a Treasurer's Investment Report shall be submitted to the Audit Committee and City Council every month.

Treasurer's Investment Report
The report provides an update on the City's investment portfolio for the month ending June 30, 2022. The report is as of July 20, 2022.

The attached statements include balances and transactions of the City's investments with the Local Agency Investment Fund (LAIF) and Chandler Asset Management. While not governed by the City's Investment Policy, statements for the Public Agency Retirement 809
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2 Services (PARS) Section 115 Trusts are also attached per a request from the Monthly Treasurer's Report Subcommittee.

As of June 30, 2022, the City's General Ledger cash and investments balance was $231.1 million, a $1.3 million increase from the prior month due to receipts of $10.7 million, disbursements of ($7.4) million, and journal adjustments of ($1.9) million.

Cash and Investments – General Ledger Balance
Fund Type Month Ending
May 31, 2022
Receipts Disbursements Journal
Adjustments*
Month Ending
June 30, 2022
General Fund 119,249,280 9,541,698 (4,962,941) (580,913) 123,247,124 Special Revenue 47,666,490 811,005 (592,486) (333,612) 47,551,397 Debt Service 2,284,850 - - (2,278,000) 6,850
Capital Projects 39,996,401 110,000 (520,657) - 39,585,744 Enterprise 13,250,444 229,139 (698,180) 56,927 12,838,330 Internal Service 7,310,232 - (647,102) 1,229,461 7,892,591 Total $ 229,757,697 $ 10,691,842 $ (7,421,366) $ (1,906,137) $ 231,122,036 *Journal adjustments include transactions recorded in other systems and imported into the financial system, Council-approved budget adjustments, quarterly Cost Allocation Plan (CAP) charges, and quarterly interest earnings.
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3 The $231.1 million in cash and investments includes $32.7 million in cash, $21.1 million in cash equivalents, $156.9 million in investments, and $20.5 million restricted for funding pension costs.

The City pools cash for all funds except restricted funds. However, the City accounts for interest earnings, revenues, and expenditures separately for each fund to adequately meet the purpose and restrictions of each funding source. Pooling funds is a common and appropriate practice used in public agencies. By pooling funds, the City can benefit from economies of scale, diversification, liquidity, and ease of administration. 811
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4 Cash and Investments – General Ledger Balance
Month Ending
May 31, 2022
Month Ending
June 30, 2022
% of
Portfolio
Cash in banks and on hand
Operating Checking (Wells Fargo) 31,003,574 32,654,882 14% Workers' Compensation Checking (Wells Fargo) 26,623 17,654 0% Payroll Checking (Wells Fargo) - - 0%
Restricted for Bond Repayments1(BNY Mellon) 2,286,333 8,333 0% Petty Cash and Change 5,100 5,100 0%
Cash Equivalents
Local Agency Investment Fund 21,059,752 21,059,752 9%
Investments
Investments (Chandler) 156,885,311 156,885,311 68%
Restricted for Pension2(PARS) 18,491,004 20,491,004 9%
Total Cash and Investments3 $ 229,757,697 $ 231,122,036 100% 1 Cash held by fiscal agent for bond repayments
2 In accordance with GASB 67/68, the assets in the Section 115 Pension Trust are reported as restricted cash and investments in the General Fund. The assets can only be used to fund CalPERS costs. 3 Assets in the Section 115 OPEB Trust are excluded as the City cannot use these assets to fund its own operations. The assets are held in trust for retirees' post-employment health benefits.

The table below shows the bank balances for the City's cash and investments. Bank and General Ledger balances differ due to timing. Bank balances do not include outstanding checks and deposits in transit. The General Ledger is updated quarterly with interest earnings and annually with the year-end investment market values.

Cash and Investments – Bank Balance
Month Ending
May 31, 2022
Month Ending
June 30, 2022
% of
Portfolio
Cash in banks and on hand
Operating Checking (Wells Fargo) 30,519,591 32,249,699 15% Workers' Compensation Checking (Wells Fargo) 26,922 19,738 0% Payroll Checking (Wells Fargo) - - 0%
Restricted for Bond Repayments1(BNY Mellon) 2,286,333 8,333 0% Cash Equivalents
Local Agency Investment Fund 21,059,752 21,059,752 10%
Investments
Investments (Chandler) 149,697,509 148,744,657 68%
Restricted for Pension2(PARS) 16,302,481 17,240,051 8%
Total Cash and Investments3 $ 219,892,588 $ 219,322,230 100% 812
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5 1 Cash held by fiscal agent for bond repayments
2 In accordance with GASB 67/68, the assets in the Section 115 Pension Trust are reported as restricted cash and investments in the General Fund. The assets can only be used to fund CalPERS costs. 3 Assets in the Section 115 OPEB Trust are excluded as the City cannot use these assets to fund its own operations. The assets are held in trust for retirees' post-employment health benefits.

Local Agency Investment Fund (LAIF)
LAIF is an investment pool administered by the State of California Treasurer and governed by California Government Code. The City can withdraw funds from LAIF at any time. As a result, the City uses LAIF for short-term investment, liquidity, and yield.

As of June 30, 2022, the City's LAIF account had a balance of $21.1 million, no change from the prior month. Interest is deposited quarterly and was most recently deposited in April 2022. The City did not make any deposits or withdrawals in June 2022.

Investment Portfolio
In FY 2018-19, the City conducted a Request for Proposal (RFP) for investment management services and selected Chandler Asset Management. Under the City's Treasurer's direction, Chandler Asset Management manages the City's investment portfolio in accordance with the City's investment objectives. The City's investment objectives, in order of priority, are to provide:
 Safety to ensure the preservation of capital in the overall portfolio  Sufficient liquidity for cash needs
 A market rate of return consistent with the investment program The performance objective is to earn a total rate of return through a market cycle equal to or above the return on the benchmark index. Chandler Asset Management invests in highquality fixed-income securities consistent with the City's Investment Policy and California Government Code to achieve the objective.

As of June 30, 2022, the portfolio's market value was $148.7 million, compared to $149.7 million at the end of the previous month. The table below includes monthly historical comparisons for the City's portfolio:
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6 May 31, 2022 June 30, 2022
Market Value 149,697,509 148,744,657
Par Value 154,801,899 155,016,024
Book Value 154,937,218 155,117,380
Average Maturity 2.84 years 2.74 years
Average Modified Duration 2.49 2.39
Average Purchase Yield 1.41% 1.41%
Average Market Yield 2.86% 3.25%
Average Quality1 AA/Aa1 AA+/Aa1
1 S&P and Moody's respectively
The portfolio's market value fluctuates depending on interest rates. When interest rates decrease after an investment is purchased, the market value of the investment increases.

In contrast, when interest rates increase after an investment is purchased, the market value of the investment decreases. At the time of purchase, the City intends to hold all investments until maturity, so changes in market price do not affect the City's investment principal. The market values were provided by Chandler Asset Management.

Section 115 Trust Investment Portfolio
The City established Section 115 Trusts to reduce pension rate volatility and pre-fund Other Post-Employment Benefits (OPEB) costs. A Section 115 Trust is a tax-exempt investment tool that allows local governments to pre-fund pension and retiree health costs. Once contributions are placed into the trust, assets from the trust can only be used to fund retirement plans.

The Section 115 Trusts are not governed by the City's Investment Policy but by separate investment policies. On December 7, 2021, City Council approved the Pension Trust Investment Policy and OPEB Trust Investment Policy. Public Agency Retirement Services (PARS) administers the trust, and US Bank manages the investments per the investment policies.

Both Section 115 Trusts are invested in "balanced" portfolios. The investment objective is designed to provide a moderate amount of current income with moderate growth of capital. It is recommended for investors with a long-term time horizon. The strategic asset allocation ranges for this objective are:
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7 Asset Class Range Target
Equities 50-70% 63%
Fixed Income 20-40% 29%
Real Estate 0-15% 5%
Commodities 0-10% 2%
Cash 0-10% 1%
As of June 30, 2022, the Section 115 Pension Trust had a balance of $17.2 million, an increase of $0.9 million from the prior month due to a contribution of $2.0 million, offset by investment losses of $1.1 million. City Council approved a $2.0 million contribution to the Pension Trust as part of the FY 2021-22 Mid-Year Financial Report, bringing total contributions since inception to $16.0 million. The Section 115 OPEB Trust had a balance of $31.3 million, a decrease of $2.2 million from the prior month. The one-month investment returns were -6.46% for the Pension Trust and -6.49% for the OPEB Trust.

Compliance
All of the City's investments comply with state law and the City's Investment Policy. In compliance with California Government Code 53646 (b)(3), the City maintains the ability to meet its expenditure requirements for the next six months.

Sustainability Impact
No sustainability impact.

Fiscal Impact
No fiscal impact.
_____________________________________
Prepared by: __________________
Thomas Leung
Senior Management Analyst
Reviewed by: __________________
Lizz Cook
Interim Finance Manager
Approved for Submission by: __________________
Dianne Thompson
Acting City Manager
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8 Attachments:

A – Chandler Investment Report June 2022
B – Chandler Custodial Statement June 2022
C – PARS Pension and OPEB Account Statement June 2022
D – LAIF Account Statement June 2022
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CHANDLER ASSET MANAGEMENT, INC. | 800.317.4747 | www.chandlerasset.com

INVESTMENT REPORT
Period Ending June 30, 2022
City of Cupertino
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SECTION 1 Economic Update
SECTION 2 Account Profile
SECTION 3 Portfolio Holdings
SECTION 4 Transactions
Table of Contents As of June 30, 2022
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SECTION | Section 1 | Economic Update
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Economic Update



Financial markets are experiencing heightened volatility and tighter conditions as central banks employ more restrictive monetary policies to combat persistent inflation. The conflict between Russia and Ukraine has exacerbated inflationary pressures, particularly with energy and commodities, and strict COVID lockdowns in China are intensifying distressed supply chains. Inflation is weighing heavily on consumer sentiment and beginning to impact discretionary spending. Labor markets remain strong, but wage gains are not keeping up with inflation. While we expect the Fed to continue to tighten monetary policy, the FOMC has very little margin for error as it attempts to combat inflation without pushing the economy into a recession. We continue to believe the risk of an economic slowdown later this year has increased. Over the nearterm, we expect financial market volatility to remain intensified and conditions to remain tighter with persistent inflation, geopolitical risk, supply chain bottlenecks, and the Fed's shift to a more hawkish monetary policy.

At the June meeting, persistently high inflation led the Federal Open Market Committee (FOMC) to announce a 0.75% federal funds rate increase to 1.50% - 1.75%. Federal Reserve Chair Powell indicated the committee may raise rates by 50 or 75 bps at the July meeting and continue to tighten as needed to dampen inflation. The Fed will continue shrinking its $9 trillion balance sheet by $47 billion per month as of June, increasing to $95 billion in September. We anticipate additional rates hikes as the Fed remains “committed” to the 2% long-term inflation target. In the second half of the year, monetary policy will be dependent on how the economy responds to tighter conditions.

In June, yields rose, and the curve flattened. The 2-year Treasury yield soared 40 basis points to 2.96%, the 5-year Treasury yield increased 22 basis points to 3.04%, and the 10-year Treasury yield rose 17 basis points to 3.02%. The spread between the 2-year and 10-year Treasury yield fell to 6 basis points at June month-end, down from 29 basis points at May month-end, and down significantly from 122 basis points one year ago. The spread between 3-month and 10-year treasuries is wider at about 135 basis points but continues to compress with each Fed rate hike. The shape of the curve bears watching but does not indicate a high probability of an imminent recession. 3 820
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Source: US Department of Labor Source: US Department of Labor Employment
The U.S. economy added 372,000 jobs in June, and job gains in May were revised down to 384,000 from 390,000. Trends in employment remain strong, with the three-month moving average payrolls at 375,000 and the six-month moving average at 457,000. Hiring was led by education and health services, followed by professional and business services, and leisure and hospitality. The unemployment rate remained unchanged at 3.6% for the fourth month, and the U-6 underemployment rate, which includes those who are marginally attached to the labor force and employed part time for economic reasons, declined to a seasonally adjusted 6.7% rate. Average hourly earnings rose 5.1% year-over-year in June, easing from a revised 5.3% year-over-year gain in May, which reflects a continuing, slow deceleration in wage growth that could help ease broad cyclical price pressures. The labor participation rate decreased to 62.2% from 62.3%, suggesting a slower pace for workers returning to the labor market despite higher wages.
-5,000
-4,000
-3,000
-2,000
-1,000
0 1,000
2,000
3,000
4,000
5,000
MOM Change In (000's)
Nonfarm Payroll (000's)
Non-farm Payroll (000's)
3 month average (000's)

0.0%

4.0%

8.0%

12.0%

16.0%

20.0%

24.0%
Unemployment Rate
Underemployment Rate (U6)
Unemployment Rate (U3)
Rate (%)
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Source: US Department of Labor Source: US Department of Commerce Inflation
The Consumer Price Index (CPI) hit a 40-year high in June with broad-based price increases for most goods and services. Headline CPI was up

9.1% year-over-year in June, surpassing expectations, up from 8.6% year-over-year in May. Core CPI (CPI less food and energy) was up 5.9% in June, down from 6.0% in May. Gasoline, shelter, and food were the largest contributors to the increase. The Personal Consumption Expenditures (PCE) index was up 6.3% year-over-year in May, unchanged from April. Core PCE was up 4.7% year-over-year in May, versus up

4.9% year-over-year in April. Persistently elevated levels of inflation are likely to keep the Federal Reserve on the path of tightening monetary policy as long as they continue to run well above the Fed’s longer-run target of around 2.0%.

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%
Personal Consumption Expenditures (PCE)
PCE Price Deflator YOY % Change
PCE Core Deflator YOY % Change
YOY( %) Change

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%
Consumer Price Index (CPI)
CPI YOY % Change
Core CPI YOY % Change
YOY( %) Change
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Retail sales rose 1.0% in June from an upwardly revised -0.1% in May, led by a significant dollar value increase in gasoline sales. The higherthan-expected results indicate consumer demand is holding up more than expected despite inflation. Retail sales growth is at risk as consumers dip into savings and assume more debt. On a year-over-year basis, retail sales were up 8.4% in June versus up 8.2% revised in May.

The Consumer Confidence index fell to 98.7 in June from a downwardly revised 103.2 in May. U.S. consumer savings rates are declining, and the wealth effect is waning from recent financial market declines. While the average consumer still has capacity to spend from accumulated savings, higher wages, and credit lines, consumer balance sheets and discretionary spending decisions are increasingly pressured by elevated gas, food, and shelter costs.

Source: US Department of Commerce Source: The Conference Board

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%
Retail Sales YOY % Change
YOY (%) Change
80 90
100
110
120
130
140
Index Level
Consumer Confidence
Consumer
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Source: The Conference Board Source: Federal Reserve Bank of Chicago Economic Activity
The Conference Board’s Leading Economic Index (LEI) decreased 0.4% month-over-month in May, following a 0.4% decline in April. On a yearover-year basis, the LEI was up 3.0% in May versus up 4.4% in April. The May monthly decline was fueled by tumbling stock prices, a slowdown in housing construction, and gloomier expectations. The index remains near historical highs, but the decline suggests weaker economic activity is likely in near term. Likewise, the Chicago Fed National Activity Index (CFNAI) fell to +0.01 in May after a downwardly revised 0.40 in April. On a 3-month moving average basis, the CFNAI decreased to 0.20 in May from 0.40 in April. -8.00
-6.00
-4.00
-2.00

0.00 2.00

4.00 6.00
Chicago Fed National Activity Index (CFNAI)
3 Month Average
-1.0%
-0.5%

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%
Leading Economic Indicators (LEI)
MOM ( %) Change
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Source: US Department of Commerce Source: S&P
Housing
0 200
400
600
800
1000
1200
1400
1600
1800
2000
MOM Change (In Thousands of Units)
Housing Starts
Multi Family Housing Starts
Single Family Housing Starts

0.0%

3.0%

6.0%

9.0%

12.0%

15.0%

18.0%

21.0%

24.0%
S&P/Case-Shiller 20 City Composite Home Price Index
YOY( %) Change
Total housing starts declined 14.4% to an annual rate of 1,549,000 in May, from a revised 1,810,000 in units in April. Single-family home starts fell by 9.2% and multi-family fell 23.7% month-over-month. On a year-over-year basis, total housing starts decreased 3.5%, driven by multifamily. According to the Case-Shiller 20-City home price index, home prices were up 21.2% in April versus 21.1% year-over-year in March, setting another new record. While tight supply has continued to support prices, rising mortgage rates and affordability could be headwinds to further price growth.
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Source: Institute for Supply Management Source: Federal Reserve Manufacturing
The Institute for Supply Management (ISM) manufacturing index dropped sharply to a two-year low of 53.0 in June from 56.1 in May. Readings above 50.0 are indicative of expansion in the manufacturing sector. The decline was primarily driven by weakness in new orders due to softening consumer demand, supply constraints, and labor shortages. On a month-over-month basis, the Industrial Production index declined

0.2% in June, following a revised 0.0% change in May. Capacity utilization declined to 80.0% in June, from an upwardly revised 80.3% in May bringing it in line with its longer run average.
40 42
44 46
48 50
52 54
56 58
60 62
64 66
Institute of Supply Management Purchasing Manager Index

EXPANDING

CONTRACTING
-20.0%
-15.0%
-10.0%
-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%
Industrial Production
YOY( %) Change
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Source: US Department of Commerce Source: US Department of Commerce 6/21 9/21 12/21 3/22

7.9% 1.4% 1.8% 1.2%
-0.7% 2.1% 5.8% 0.9%
-0.2% -1.3% -0.2% -3.2%
-0.4% -0.4% -0.3% -0.5%

0.0% 0.5% -0.2% -0.1%

6.7% 2.3% 6.9% -1.6%
Gross Private Domestic Investment
Personal Consumption Expenditures
Components of GDP
Federal Government Expenditures
State and Local (Consumption and Gross
Investment)
Net Exports and Imports
Total
-35.0%
-30.0%
-25.0%
-20.0%
-15.0%
-10.0%
-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%
Gross Domestic Product (GDP)
GDP QOQ % Change
GDP YOY % Change
Gross Domestic Product (GDP)
According to the third estimate, first quarter 2022 GDP contracted at an annualized rate of 1.6%, revised down from the second estimate of a

1.5% decline, and following fourth quarter 2021 growth of 6.9%. The most significant contributors to the decline were a widening of the trade deficit and slower inventory build. Personal consumption expenditures increased at a healthy pace with strong positive revisions to the previous reading, reflecting a shift in consumer demand from goods to services. The consensus estimate calls for 1.0% growth in the second quarter, 1.8% growth in the current quarter and 2.1% growth for 2022. 10 827
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Federal Reserve
Source: Federal Reserve Source: Bloomberg
At the June meeting, persistently high inflation led the Federal Open Market Committee (FOMC) to announce a 0.75% federal funds rate increase to 1.50% - 1.75%. Federal Reserve Chair Powell indicated the committee may raise rates by 50 or 75 bps at the July meeting and continue to tighten as needed to dampen inflation. Dot plot projections rose significantly from March, with the median fed funds target rate at

3.4% by the end of this year and 3.8% in 2023. The Fed will continue shrinking its $9 trillion balance sheet by $47 billion per month beginning this month, increasing to $95 billion in September. We anticipate additional rates hikes as the Fed remains “committed” to the 2% long-term inflation target. Although the FOMC views the economy as strong, the committee downgraded their economic outlook as trends cool later this year from tightening conditions.

0.00%

0.25%

0.50%

0.75%

1.00%

1.25%

1.50%

1.75%

2.00%

2.25%

2.50%

2.75%
Effective Federal Funds Rate
Yield (%)
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
Federal Reserve Balance Sheet Assets
In $ millions
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Source: Bloomberg Source: Bloomberg

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%
US Treasury Note Yields
2-Year
5-Year
10-Year
Yield (%)

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%
US Treasury Yield Curve
Jun-22
Mar-22
Jun-21
Yield (%)
Bond Yields
At the end of June, the 2-year Treasury yield was 271 basis points higher, and the 10-Year Treasury yield was about 155 basis points higher, yearover-year. The spread between the 2-year Treasury yield and 10-year Treasury yield fell to 6 basis points at June month-end, down from 29 basis points at May month-end, which is narrow compared to the average historical spread (since 2003) of about 130 basis points. The spread between 3-month and 10-year treasuries is wider at about 135 basis points but continues to compress with each Fed rate hike. The shape of the curve bears watching but does not indicate a high probability of an imminent recession. 12 829
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Section 2| SECTION | Section 2 | Account Profile
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Objectives
Chandler Asset Management Performance Objective
The performance objective for the portfolio is to earn a total rate of return through a market cycle that is equal to or above the return on the benchmark index.

Investment Objectives
The City of Cupertino’s investment objectives, in order of priority, are to provide safety to ensure the preservation of capital in the overall portfolio, provide sufficient liquidity for cash needs and a market rate of return consistent with the investment program.

Strategy
In order to achieve these objectives, the portfolio invests in high quality fixed incomes securities consistent with the investment policy and California Government Code.

As of June 30, 2022
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Compliance As of June 30, 2022
Category Standard Comment
Treasury Issues No Limitation Complies
Agency Issues 25% per Agency/GSE issuer; 20% max agency callable securities; Issued by Federal Agencies or U.S. Government Sponsored Enterprise obligations. Complies
Supranational "AA" rating category or better by a NRSRO; 30% maximum; 10% max per issuer; USD denominated senior unsecured unsubordinated obligations issued or unconditionally guaranteed by IBRD, IFC, or IADB. Complies Municipal Securities
"A" rating category or better by a NRSRO; 30% maximum; 5% max per issuer; Obligations of the City, State of California, and any local agency within the State of California; Obligations of any of the other 49 states in addition to California, including bonds payable solely out of the revenues from a revenue-producing property owned, controlled, or operated by a state or by a department, board, agency, or authority of any of the other 49 states in addition to California.

Complies
Corporate Medium Term Notes "A" rating category or better by a NRSRO; 30% maximum; 5% max per issuer; Issued by corporations organized and operating within the U.S. or by depository institutions licensed by the U.S. or any state and operating within the U.S. Complies Asset Backed/ Mortgage Backed/
Collateralized Mortgage Obligation
"AA" rating category or better by a NRSRO; 20% maximum; 5% max per issuer on Asset-Backed or Commercial Mortgage security; There is no issuer limitation on any Mortgage security where the issuer is the U.S. Treasury or a Federal Agency/GSE .

Complies
Negotiable Certificates of Deposit (NCDs)
No rating required if amount of the NCD is insured up to the FDIC limit; If above FDIC insured limit, requires "A-1" shortterm rated or "A" long-term rating category or better by a NRSRO; 30% maximum; 5% max per issuer; Issued by nationally or state chartered banks, state or federal savings associations, or state or federal credit unions, or by a federally licensed or state-licensed branch of a foreign bank.

Complies
Certificates of Deposit (CDs)/Time
Deposit (TDs)
30% maximum; 5% max per issuer; Certificates of Deposit, Time Deposit, non-negotiable, and collateralized in accordance with California Government Code. Complies
Banker’s Acceptances "A-1" short-term rated or better by a NRSRO; or "A" long-term rating category or better by a NRSRO; 40% maximum; 5% max per issuer; 180 days max maturity Complies
Commercial Paper
"A-1" short term rated or better a NRSRO; "A" long-term issuer rating category or better by a NRSRO; 25% maximum; 5% max per issuer; 270 days max maturity; Issued by corporations organized and operating in the U.S. with assets > $500 million; 10% max outstanding paper of the issuing corporation.

Complies
Money Market Funds
20% maximum; Daily money market funds administered for or by trustees, paying agents and custodian banks contracted by a City of Cupertino as allowed under California Government Code; Only funds holding U.S. Treasury obligations, Government agency obligations or repurchase agreements collateralized by U.S. Treasury or Government agency obligations can be utilized.

Complies
Local Agency Investment Fund (LAIF) Maximum amount permitted by LAIF; Not used by investment adviser Complies City of Cupertino
Assets managed by Chandler Asset Management are in full compliance with state law and with the City's investment policy. 15 832
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Compliance As of June 30, 2022
Category Standard Comment
Repurchase Agreements 1 year max maturity; 102% collateralized; A PSA Master Repurchase Agreement is required between City of Cupertino and the broke/dealer or financial institution for all repurchase agreements; Not used by investment adviser Complies Prohibited Securities
Reverse Repurchase Agreement; Common stocks; Long-term (> 5 years maturity) notes and bonds; Special circumstances arise that necessitate purchase of securities beyond the 5-year limitation. On such occasions, request must be approved by City Council prior to purchase; Futures/Options; Inverse floaters; Ranges notes, Mortgage-derived, Interest-only strips; Zero interest accrual securities; Purchasing/selling securities on margin; Foreign currency denominated securities.

Complies
Minimum Budgeted Operating
Expenditures in Short Term Investments
Minimum 6 months of budgeted operating expenditures in short term investments to provide sufficient liquidity for expected disbursements Complies
Max Per Issuer 5% per issuer, unless otherwise specified in the policy Complies Maximum maturity 5 years Complies
City of Cupertino
Assets managed by Chandler Asset Management are in full compliance with state law and with the City's investment policy. 16 833
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Portfolio Characteristics
City of Cupertino
06/30/22 03/31/22
Benchmark* Portfolio Portfolio
Average Maturity (yrs) 2.61 2.74 2.81
Average Modified Duration 2.51 2.39 2.49
Average Purchase Yield n/a 1.41% 1.31%
Average Market Yield 2.98% 3.25% 2.43%
Average Quality** AAA AA+/Aa1 AA+/Aa1
Total Market Value 148,744,657 150,202,612
*ICE BofA 1-5 Yr US Treasury & Agency Index
**Benchmark is a blended rating of S&P, Moody’s, and Fitch. Portfolio is S&P and Moody’s respectively.

As of June 30, 2022
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City of Cupertino
Sector Distribution
ABS

13.5%
Agency

22.0%
CMO

5.3%
Corporate

26.7%
Money Market
Fund

0.8%
Municipal Bonds

0.5%
Supranational

7.8%
US Treasury

23.3%
June 30, 2022 March 31, 2022
ABS

12.7%
Agency

22.4%
CMO

5.3% Corporate

26.1%
Money Market
Fund

1.8%
Municipal Bonds

0.5%
Supranational

8.2%
US Treasury

22.7%
Negotiable CD

0.2%
As of June 30, 2022
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Duration Allocation As of June 30, 2022
City of Cupertino
0 - 0.25 0.25 - 0.50 0.50 - 1 1 - 2 2 - 3 3 - 4 4 - 5 5+ 06/30/22 1.1% 0.8% 6.0% 31.8% 30.6% 24.1% 5.7% 0.0%
0%
5%
10%
15%
20%
25%
30%
35%
0 - 0.25 Years 0.25 - 0.5 Years 0.5 - 1 Years 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years 5+ Years ABS
Agency
CMO
Corporate
Money Market Fund
Municipal Bonds
Supranational
US Treasury
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Portfolio Allocation & Duration Changes
City of Cupertino
As of June 30, 2022
Benchmark: ICE BofA 1-5 Yr US Treasury & Agency Index

95.6%

98.6% 100.8% 99.3%

96.2%

98.4%

97.5%
100.0%

80.0%

85.0%

90.0%

95.0%
100.0%
105.0%
110.0%
09/30/20 12/31/20 03/31/21 06/30/21 09/30/21 12/31/21 03/31/22 06/30/22 Duration as a % of the Benchmark

0.2%

0.5%

1.8%

5.3%

8.2%

12.7%

22.4%

22.7%

26.1%

0.0%

0.5%

0.9%

5.3%

7.8%

13.5%

22.0%

23.3%

26.7%
Negotiable CD
Municipal Bonds
Money Market
Fund
CMO
Supranational
ABS
Agency
US Treasury
Corporate
Portfolio Allocation
06/30/22
03/31/22
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Issue Name Investment Type % Portfolio
Government of United States US Treasury 23.33%
Federal National Mortgage Association Agency 9.98%
Federal Home Loan Bank Agency 6.15%
Federal Home Loan Mortgage Corp Agency 5.89%
Federal Home Loan Mortgage Corp CMO 5.30%
Inter-American Dev Bank Supranational 3.34%
International Finance Corp Supranational 2.95%
American Express ABS ABS 1.93%
Hyundai Auto Receivables ABS 1.85%
Royal Bank of Canada Corporate 1.70%
Bank of America Corp Corporate 1.62%
Toyota Motor Corp Corporate 1.62%
Bank of New York Corporate 1.59%
JP Morgan Chase & Co Corporate 1.53%
Honda ABS ABS 1.49%
Intl Bank Recon and Development Supranational 1.48%
Toronto Dominion Holdings Corporate 1.44%
Paccar Financial Corporate 1.26%
GM Financial Automobile Leasing Trust ABS 1.25%
Toyota ABS ABS 1.24%
Toyota Lease Owner Trust ABS 1.21%
Bank of Montreal Chicago Corporate 1.17%
Metlife Inc Corporate 1.15%
Amazon.com Inc Corporate 1.15%
Air Products & Chemicals Corporate 1.14%
Salesforce.com Inc Corporate 1.12%
Prudential Financial Inc Corporate 1.12%
United Health Group Inc Corporate 1.09%
New York Life Global Funding Corporate 1.07%
Berkshire Hathaway Corporate 1.03%
John Deere ABS ABS 0.95%
Hyundai Auto Lease Securitization ABS 0.87%
Wells Fargo 100% Treasury MMKT Fund Money Market Fund 0.85% Guardian Life Global Funding Corporate 0.85%
US Bancorp Corporate 0.83%
Caterpillar Inc Corporate 0.72%
GM Financial Securitized Term Auto Trust ABS 0.67%
Deere & Company Corporate 0.67%
Issuers
City of Cupertino – Account #10659
As of June 30, 2022
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Issue Name Investment Type % Portfolio
Verizon Owner Trust ABS 0.65%
Mass Mutual Insurance Corporate 0.61%
Charles Schwab Corp/The Corporate 0.61%
BMW Vehicle Lease Trust ABS 0.57%
Northwestern Mutual Glbl Corporate 0.52%
State of California Municipal Bonds 0.50%
Northern Trust Corp Corporate 0.46%
Morgan Stanley Corporate 0.41%
BMW ABS ABS 0.35%
Nissan ABS ABS 0.32%
Wal-Mart Stores Corporate 0.21%
Mercedes-Benz Auto Lease Trust ABS 0.18%
TOTAL 100.00%
Issuers
City of Cupertino – Account #10659
As of June 30, 2022
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AAA AA A <A NR
06/30/22 18.4% 53.6% 19.0% 0.0% 9.0%
03/31/22 18.8% 54.5% 17.4% 0.0% 9.3%
Source: S&P Ratings
June 30, 2022 vs. March 31, 2022

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%
AAA AA A <A NR
06/30/22 03/31/22
Quality Distribution
City of Cupertino
As of June 30, 2022
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12-Month Earnings
Investment Performance
City of Cupertino
As of June 30, 2022
Source: City Cupertino Monthly Investment Report. Interest earnings include accrued interest and realized gains and losses on amortized cost.

Investment Earnings
July 2021 183,692
August 2021 157,972
September 2021 159,892
October 2021 151,138
November 2021 176,398
December 2021 149,494
January 2022 160,604
February 2022 161,702
March 2022 167,198
April 2022 196,298
May 2022 176,436
June 2022 162,140
Total 2,002,963
Change in Fair Value
Unrealized Gain/Loss Position 6/30/2021 2,050,499
Unrealized Gain/Loss Position 6/30/2022 (6,858,172)
Change in Fair Value (8,908,672)
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Total Rate of Return Annualized Since Inception January 31, 2019 Total rate of return: A measure of a portfolio’s performance over time. It is the internal rate of return, which equates the beginning value of the portfolio with the ending value; it includes interest earnings, realized and unrealized gains and losses in the portfolio.

Investment Performance
City of Cupertino
-6.00%
-5.00%
-4.00%
-3.00%
-2.00%
-1.00%

0.00%

1.00%

2.00%
12 months 2 years 3 years 5 years 10 years Since Inception City of Cupertino Gross of Fees ICE BofA 1-5 Yr US Treasury & Agency Index City of Cupertino Net of Fees Annualized
TOTAL RATE OF RETURN 3 months 12 months 2 years 3 years 5 years 10 years Since Inception
City of Cupertino Gross of Fees -0.94% -4.71% -2.22% 0.32% N/A N/A 0.85% ICE BofA 1-5 Yr US Treasury & Agency Index -0.81% -4.60% -2.45% 0.04% N/A N/A 0.82% City of Cupertino Net of Fees -0.95% -4.76% -2.28% 0.25% N/A N/A 0.78% As of June 30, 2022
25 842
CC 08-16-2022
842 of 1555
Purchase Yield as of 06/30/22 = 1.41%

0.00 0.50

1.00 1.50

2.00 2.50
Percent (%)
Historical Average Purchase Yield
City of Cupertino
As of June 30, 2022
26 843
CC 08-16-2022
843 of 1555
SECTION | Section 3 | Portfolio Holdings
27 844
CC 08-16-2022
844 of 1555
Holdings Report
City of Cupertino - Account #10659
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
43815NAC8 Honda Auto Receivables Trust 2019-3 A3

1.780% Due 08/15/2023
199,336.03 Various

1.93%
199,000.94
199,311.91

99.90 2.37%
199,141.08
157.69

0.13%
(170.83)
Aaa / AAA
NR

1.13 0.17
58769EAC2 Mercedes-Benz Auto Lease Trust 2020-B A3

0.400% Due 11/15/2023
272,540.50 09/15/2020

0.40%
272,526.68
272,537.26

99.33 2.65%
270,716.39

48.45 0.18%
(1,820.87)

NR / AAA
AAA

1.38 0.30
477870AC3 John Deere Owner Trust 2019-B A3

2.210% Due 12/15/2023
128,817.76 08/27/2019

1.79%
130,010.33
129,222.12

99.95 2.44%
128,759.14
126.53

0.09%
(462.98)
Aaa / NR
AAA

1.46 0.21
92348AAA3 Verizon Owner Trust 2019-C A1A

1.940% Due 04/22/2024
173,764.62 10/01/2019

1.95%
173,751.22
173,759.28

99.88 2.40%
173,558.88
103.00

0.12%
(200.40)

NR / AAA
AAA

1.81 0.26
89238EAC0 Toyota Lease Owner Trust 2021-A A3

0.390% Due 04/22/2024
700,000.00 03/23/2022

2.16%
686,000.00
688,522.06

97.83 3.35%
684,825.40

83.42 0.46%
(3,696.66)
Aaa / AAA
NR

1.81 0.73
44891VAC5 Hyundai Auto Lease Trust 2021-B A3

0.330% Due 06/17/2024
790,000.00 06/08/2021

0.34%
789,881.50
789,936.35

97.40 3.49%
769,475.01
115.87

0.52%
(20,461.34)
Aaa / AAA
NR

1.97 0.83
65479JAD5 Nissan Auto Receivables Owner 2019-C A3

1.930% Due 07/15/2024
472,049.18 Various

1.70%
474,390.93
473,179.12

99.70 2.98%
470,640.11
404.91

0.32%
(2,539.01)
Aaa / AAA
NR

2.04 0.29
43813DAC2 Honda Auto Receivables 2020-2 A3

0.820% Due 07/15/2024
103,485.10 05/18/2020

0.83%
103,476.96
103,481.08

98.83 3.23%
102,272.78

37.71 0.07%
(1,208.30)
Aaa / AAA
NR

2.04 0.48
47789KAC7 John Deere Owner Trust 2020-A A3

1.100% Due 08/15/2024
143,725.01 03/04/2020

1.11%
143,716.22
143,720.79

98.99 3.46%
142,270.80

70.27 0.10%
(1,449.99)
Aaa / NR
AAA

2.13 0.43
43813KAC6 Honda Auto Receivables Trust 2020-3 A3

0.370% Due 10/18/2024
480,194.03 09/22/2020

0.38%
480,123.49
480,162.92

98.19 3.38%
471,497.72

64.16 0.32%
(8,665.20)

NR / AAA
AAA

2.30 0.60
36262XAC8 GM Financial Auto Lease Trust 2021-3 A2

0.390% Due 10/21/2024
965,000.00 08/10/2021

0.39%
964,986.88
964,991.58

96.79 3.43%
934,009.03
115.00

0.63%
(30,982.55)

NR / AAA
AAA

2.31 1.07
47787NAC3 John Deere Owner Trust 2020-B A3

0.510% Due 11/15/2024
161,692.64 07/14/2020

0.52%
161,668.00
161,681.73

98.35 3.33%
159,027.46

36.65 0.11%
(2,654.27)
Aaa / NR
AAA

2.38 0.58
09690AAC7 BMW Vehicle Lease Trust 2021-2 A3

0.330% Due 12/26/2024
425,000.00 09/08/2021

0.34%
424,956.14
424,971.39

97.07 3.49%
412,544.53

23.38 0.28%
(12,426.86)
Aaa / NR
AAA

2.49 0.93
89236XAC0 Toyota Auto Receivables 2020-D A3

0.350% Due 01/15/2025
371,225.19 10/06/2020

0.36%
371,156.03
371,183.87

98.50 3.19%
365,664.24

57.75 0.25%
(5,519.63)

NR / AAA
AAA

2.55 0.53
44891WAC3 Hyundai Auto Lease Trust 2022-A A3

1.160% Due 01/15/2025
540,000.00 01/11/2022

1.16%
539,988.07
539,990.45

96.61 3.66%
521,674.56
278.40

0.35%
(18,315.89)
Aaa / AAA
NR

2.55 1.37
92290BAA9 Verizon Owner Trust 2020-B A

0.470% Due 02/20/2025
800,000.00 08/04/2020

0.48%
799,832.00
799,901.92

98.43 3.17%
787,412.80
114.89

0.53%
(12,489.12)
Aaa / NR
AAA

2.65 0.58
89238LAC4 Toyota Lease Owner Trust 2022-A A3

1.960% Due 02/20/2025
1,150,000.00 02/23/2022

1.98%
1,149,818.99
1,149,845.40

97.47 3.55%
1,120,864.75
688.72

0.75%
(28,980.65)

NR / AAA
AAA

2.65 1.61
As of June 30, 2022
28 845
CC 08-16-2022
845 of 1555
Holdings Report
City of Cupertino - Account #10659
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
36265MAC9 GM Financial Auto Lease Trust 2022-1 A3

1.900% Due 03/20/2025
945,000.00 02/15/2022

1.91%
944,991.87
944,993.19

97.35 3.70%
919,922.54
548.63

0.62%
(25,070.65)
Aaa / NR
AAA

2.72 1.50
05601XAC3 BMW Vehicle Lease Trust 2022-1 A3

1.100% Due 03/25/2025
450,000.00 01/11/2022

1.11%
449,932.73
449,946.51

96.55 3.84%
434,472.75

82.50 0.29%
(15,473.76)

NR / AAA
AAA

2.74 1.27
43813GAC5 Honda Auto Receivables Trust 2021-1 A3

0.270% Due 04/21/2025
295,000.00 02/17/2021

0.27%
294,994.60
294,996.97

97.62 3.54%
287,989.33

22.13 0.19%
(7,007.64)
Aaa / NR
AAA

2.81 0.73
89240BAC2 Toyota Auto Receivables Owners 2021-A A3

0.260% Due 05/15/2025
1,090,000.00 02/02/2021

0.27%
1,089,797.70
1,089,888.57

97.65 3.47%
1,064,362.11
125.96

0.72%
(25,526.46)
Aaa / NR
AAA

2.88 0.73
44933LAC7 Hyundai Auto Receivables Trust 2021-A A3

0.380% Due 09/15/2025
515,000.00 04/20/2021

0.38%
514,945.82
514,966.70

96.59 3.80%
497,434.38

86.98 0.33%
(17,532.32)

NR / AAA
AAA

3.21 1.00
43815GAC3 Honda Auto Receivables Trust 2021-4 A3

0.880% Due 01/21/2026
460,000.00 11/16/2021

0.89%
459,903.03
459,920.95

95.37 3.78%
438,717.18
112.44

0.30%
(21,203.77)
Aaa / NR
AAA

3.56 1.62
47789QAC4 John Deere Owner Trust 2021-B A3

0.520% Due 03/16/2026
580,000.00 07/13/2021

0.52%
579,948.26
579,961.65

94.89 3.90%
550,381.14
134.04

0.37%
(29,580.51)
Aaa / NR
AAA

3.71 1.53
89238JAC9 Toyota Auto Receivables Trust 2021-D A3

0.710% Due 04/15/2026
430,000.00 11/09/2021

0.71%
429,990.84
429,992.60

95.28 3.79%
409,713.89
135.69

0.28%
(20,278.71)

NR / AAA
AAA

3.79 1.56
43815BAC4 Honda Auto Receivables Trust 2022-1 A3

1.880% Due 05/15/2026
740,000.00 02/15/2022

1.89%
739,888.70
739,900.80

96.81 3.55%
716,370.32
618.31

0.48%
(23,530.48)
Aaa / AAA
NR

3.88 1.94
44935FAD6 Hyundai Auto Receivables Trust 2021-C A3

0.740% Due 05/15/2026
1,330,000.00 Various

2.02%
1,296,371.65
1,299,676.37

95.56 3.57%
1,270,884.16
437.42

0.85%
(28,792.21)

NR / AAA
AAA

3.88 1.59
05602RAD3 BMW Vehicle Owner Trust 2022-A A3

3.210% Due 08/25/2026
530,000.00 05/10/2022

3.23%
529,972.44
529,973.51

98.96 4.46%
524,480.05
283.55

0.35%
(5,493.46)
Aaa / AAA
NR

4.16 0.85
362554AC1 GM Financial Securitized Term 2021-4 A3

0.680% Due 09/16/2026
350,000.00 10/13/2021

0.68%
349,991.08
349,992.90

94.95 4.17%
332,308.20

99.17 0.22%
(17,684.70)
Aaa / AAA
NR

4.22 1.47
47787JAC2 John Deere Owner Trust 2022-A A3

2.320% Due 09/16/2026
450,000.00 03/10/2022

2.34%
449,900.46
449,908.79

97.45 3.74%
438,538.05
464.00

0.30%
(11,370.74)
Aaa / NR
AAA

4.22 1.82
448977AD0 Hyundai Auto Receivables Trust 2022-A A3

2.220% Due 10/15/2026
1,010,000.00 03/09/2022

2.23%
1,009,961.12
1,009,964.62

96.92 3.83%
978,893.02
996.53

0.66%
(31,071.60)

NR / AAA
AAA

4.30 1.95
380146AC4 GM Financial Auto Receivables 2022-1 A3

1.260% Due 11/16/2026
295,000.00 01/11/2022

1.27%
294,974.36
294,977.81

95.68 4.09%
282,247.15
154.88

0.19%
(12,730.66)

NR / AAA
AAA

4.38 1.55
362585AC5 GM Financial Securitized ART 2022-2 A3

3.100% Due 02/16/2027
390,000.00 04/05/2022

3.13%
389,918.49
389,923.63

99.09 3.60%
386,467.77
503.75

0.26%
(3,455.86)
Aaa / AAA
NR

4.64 1.90
02589BAA8 American Express Credit Accoun 22-1 A

2.210% Due 03/15/2027
1,545,000.00 03/21/2022

2.69%
1,524,359.77
1,526,256.85

96.71 3.52%
1,494,172.59
1,517.53

1.01%
(32,084.26)
Aaa / NR
AAA

4.71 2.57
As of June 30, 2022
29 846
CC 08-16-2022
846 of 1555
Holdings Report
City of Cupertino - Account #10659
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
02582JJT8 American Express Credit Trust 2022-2 A

3.390% Due 05/17/2027
1,375,000.00 05/17/2022

3.42%
1,374,695.85
1,374,706.48

99.89 3.46%
1,373,420.13
2,071.67

0.92%
(1,286.35)

NR / AAA
AAA

4.88 2.68
TOTAL ABS 20,656,830.06 1.54%
20,589,823.15
20,596,348.13 3.54%
20,115,129.44
10,921.98

13.53%
(481,218.69)
Aaa / AAA
Aaa

3.27 1.38
Agency
3137EAER6 FHLMC Note

0.375% Due 05/05/2023
1,350,000.00 05/05/2020

0.39%
1,349,433.00
1,349,840.22

97.91 2.89%
1,321,739.10
787.50

0.89%
(28,101.12)
Aaa / AA+
AAA

0.85 0.83
3130A3DL5 FHLB Note

2.375% Due 09/08/2023
2,000,000.00 09/06/2019

1.52%
2,066,320.00
2,019,714.30

99.41 2.88%
1,988,290.00
14,909.72

1.35%
(31,424.30)
Aaa / AA+
NR

1.19 1.15
3135G0U43 FNMA Note

2.875% Due 09/12/2023
1,500,000.00 06/21/2019

1.89%
1,559,805.00
1,516,998.44
100.04

2.84%
1,500,610.50
13,057.29

1.02%
(16,387.94)
Aaa / AA+
AAA

1.20 1.16
3137EAFA2 FHLMC Note

0.250% Due 12/04/2023
1,755,000.00 12/02/2020

0.28%
1,753,262.55
1,754,173.32

96.30 2.92%
1,689,987.78
329.06

1.14%
(64,185.54)
Aaa / AA+
AAA

1.43 1.41
3130A0F70 FHLB Note

3.375% Due 12/08/2023
2,100,000.00 Various

1.75%
2,222,418.00
2,147,330.31
100.57

2.97%
2,111,923.80
4,528.13

1.42%
(35,406.51)
Aaa / AA+
AAA

1.44 1.39
3130A0XE5 FHLB Note

3.250% Due 03/08/2024
1,500,000.00 03/28/2019

2.27%
1,568,115.00
1,523,233.02
100.50

2.94%
1,507,534.50
15,302.08

1.02%
(15,698.52)
Aaa / AA+
NR

1.69 1.62
3130A1XJ2 FHLB Note

2.875% Due 06/14/2024
1,500,000.00 06/18/2019

1.96%
1,564,890.20
1,525,428.98

99.72 3.02%
1,495,816.51
2,036.46

1.01%
(29,612.47)
Aaa / AA+
NR

1.96 1.88
3135G0V75 FNMA Note

1.750% Due 07/02/2024
1,500,000.00 07/16/2019

1.96%
1,484,895.00
1,493,897.98

97.82 2.88%
1,467,325.50
13,052.08

1.00%
(26,572.48)
Aaa / AA+
AAA

2.01 1.93
3130A2UW4 FHLB Note

2.875% Due 09/13/2024
2,000,000.00 09/13/2019

1.79%
2,103,380.00
2,045,625.49

99.67 3.03%
1,993,472.00
17,250.00

1.35%
(52,153.49)
Aaa / AA+
AAA

2.21 2.10
3135G0W66 FNMA Note

1.625% Due 10/15/2024
1,975,000.00 Various

1.73%
1,965,802.75
1,970,665.14

97.00 2.99%
1,915,669.03
6,775.35

1.29%
(54,996.11)
Aaa / AA+
AAA

2.30 2.22
3135G0X24 FNMA Note

1.625% Due 01/07/2025
1,295,000.00 Various

1.38%
1,309,953.95
1,302,830.48

96.64 3.02%
1,251,453.04
10,171.14

0.85%
(51,377.44)
Aaa / AA+
AAA

2.53 2.42
3137EAEP0 FHLMC Note

1.500% Due 02/12/2025
2,365,000.00 02/13/2020

1.52%
2,363,178.95
2,364,045.07

96.21 3.02%
2,275,276.63
13,697.29

1.54%
(88,768.44)
Aaa / AA+
AAA

2.62 2.52
3135G03U5 FNMA Note

0.625% Due 04/22/2025
1,860,000.00 04/22/2020

0.67%
1,856,168.40
1,857,844.73

93.60 3.02%
1,740,891.18
2,228.13

1.17%
(116,953.55)
Aaa / AA+
AAA

2.81 2.75
3135G04Z3 FNMA Note

0.500% Due 06/17/2025
2,500,000.00 Various

0.50%
2,499,227.30
2,499,666.87

92.85 3.04%
2,321,275.00
486.11

1.56%
(178,391.87)
Aaa / AA+
AAA

2.97 2.90
3137EAEU9 FHLMC Note

0.375% Due 07/21/2025
1,250,000.00 07/21/2020

0.48%
1,243,775.00
1,246,191.28

92.34 3.02%
1,154,220.00
2,083.33

0.78%
(91,971.28)
Aaa / AA+
AAA

3.06 2.99
As of June 30, 2022
30 847
CC 08-16-2022
847 of 1555
Holdings Report
City of Cupertino - Account #10659
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
3135G05X7 FNMA Note

0.375% Due 08/25/2025
2,500,000.00 Various

0.48%
2,487,983.75
2,492,198.84

91.94 3.08%
2,298,430.00
3,281.25

1.55%
(193,768.84)
Aaa / AA+
AAA

3.16 3.08
3137EAEX3 FHLMC Note

0.375% Due 09/23/2025
2,500,000.00 Various

0.46%
2,489,362.80
2,492,974.49

91.79 3.06%
2,294,862.50
2,552.08

1.54%
(198,111.99)
Aaa / AA+
AAA

3.24 3.16
3135G06G3 FNMA Note

0.500% Due 11/07/2025
2,500,000.00 Various

0.56%
2,492,700.00
2,495,087.81

91.91 3.06%
2,297,757.50
1,875.00

1.55%
(197,330.31)
Aaa / AA+
AAA

3.36 3.28
TOTAL Agency 33,950,000.00 1.15%
34,380,671.65
34,097,746.77 2.99%
32,626,534.57
124,402.00

22.02%
(1,471,212.20)
Aaa / AA+
Aaa

2.29 2.22
CMO
3137B4WB8 FHLMC K033 A2

3.060% Due 07/25/2023
1,000,000.00 08/13/2019

2.02%
1,037,656.25
1,010,179.49

99.87 3.00%
998,711.00
510.00

0.67%
(11,468.49)
Aaa / NR
NR

1.07 0.90
3137B5JM6 FHLMC K034 A2

3.531% Due 07/25/2023
1,000,000.00 09/26/2019

2.00%
1,053,867.19
1,015,042.60
100.20

3.09%
1,001,998.00
2,942.50

0.68%
(13,044.60)

NR / NR
AAA

1.07 0.93
3137B7MZ9 FHLMC K036 A2

3.527% Due 10/25/2023
1,000,000.00 08/19/2019

1.92%
1,061,914.06
1,019,528.30
100.15

3.22%
1,001,454.00
587.83

0.67%
(18,074.30)
Aaa / NR
AAA

1.32 1.13
3137BFE98 FHLMC K041 A2

3.171% Due 10/25/2024
1,300,000.00 07/01/2021

0.72%
1,398,414.06
1,368,523.50

99.53 3.32%
1,293,906.90
3,435.25

0.87%
(74,616.60)
Aaa / AAA
AAA

2.32 2.11
3137BLMZ8 FHLMC K049 A2

3.010% Due 07/25/2025
1,000,000.00 07/01/2021

0.87%
1,079,687.50
1,060,025.77

98.82 3.38%
988,241.33
2,508.33

0.67%
(71,784.44)

NR / NR
AAA

3.07 2.77
3137BLW95 FHLMC K050 A2

3.334% Due 08/25/2025
950,000.00 11/16/2021

1.17%
1,018,132.81
1,006,836.18

99.93 3.30%
949,336.90
2,639.42

0.64%
(57,499.28)

NR / NR
AAA

3.16 2.81
3137BM7C4 FHLMC K051 A2

3.308% Due 09/25/2025
440,000.00 03/15/2022

2.21%
453,079.69
451,992.30

99.86 3.30%
439,370.36
1,212.93

0.30%
(12,621.94)

NR / NR
AAA

3.24 2.89
3137BN6G4 FHLMC KO53

2.995% Due 12/25/2025
570,000.00 03/15/2022

2.29%
582,001.17
581,086.71

98.67 3.38%
562,438.95
1,422.63

0.38%
(18,647.76)

NR / NR
AAA

3.49 3.11
3137BSP72 FHLMC K058 A2

2.653% Due 08/25/2026
650,000.00 11/12/2021

1.35%
687,451.17
682,524.53

97.07 3.40%
630,954.35
1,437.04

0.43%
(51,570.18)

NR / NR
AAA

4.16 3.82
TOTAL CMO 7,910,000.00 1.51%
8,372,203.90
8,195,739.38 3.25%
7,866,411.79
16,695.93

5.30%
(329,327.59)
Aaa / AAA
Aaa

2.35 2.10
Corporate
24422EVN6 John Deere Capital Corp Note

0.450% Due 01/17/2024
1,030,000.00 03/01/2021

0.47%
1,029,268.70
1,029,606.12

95.94 3.16%
988,184.06
2,111.50

0.67%
(41,422.06)
A2 / A
A

1.55 1.52
As of June 30, 2022
31 848
CC 08-16-2022
848 of 1555
Holdings Report
City of Cupertino - Account #10659
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
06051GHF9 Bank of America Corp Callable Note 1X 3/5/2023

3.550% Due 03/05/2024
1,200,000.00 Various

2.69%
1,226,303.25
1,207,039.28

99.71 3.55%
1,196,493.60
13,726.67

0.81%
(10,545.68)
A2 / AAA1.68

1.60 89114QCA4 Toronto Dominion Bank Note

2.650% Due 06/12/2024
1,500,000.00 09/11/2019

2.24%
1,527,255.00
1,511,191.21

98.21 3.61%
1,473,199.50
2,097.92

0.99%
(37,991.71)
A1 / A
AA1.951.88
06367TQW3 Bank of Montreal Note

0.625% Due 07/09/2024
600,000.00 02/09/2022

1.89%
582,216.00
585,048.49

94.14 3.65%
564,866.40
1,791.67

0.38%
(20,182.09)
A2 / AAA2.03

1.97 79466LAG9 Salesforce.com Inc Callable Note Cont 7/15/2022

0.625% Due 07/15/2024
1,760,000.00 Various

0.87%
1,748,937.40
1,751,392.48

94.71 3.33%
1,666,920.64
5,072.23

1.12%
(84,471.84)
A2 / A+
NR

2.04 1.99
78013XZU5 Royal Bank of Canada Note

2.550% Due 07/16/2024
1,500,000.00 Various

1.98%
1,533,359.18
1,516,561.19

97.73 3.71%
1,465,897.50
17,531.26

1.00%
(50,663.69)
A1 / A
AA2.051.95
91159HHX1 US Bancorp Callable Note Cont 6/28/2024

2.400% Due 07/30/2024
1,250,000.00 10/10/2019

2.07%
1,268,262.50
1,257,738.71

97.63 3.59%
1,220,352.50
12,583.33

0.83%
(37,386.21)
A2 / A+
A+

2.08 1.99
009158AV8 Air Products & Chemicals Callable Note Cont 4/30/2024

3.350% Due 07/31/2024
1,675,000.00 08/07/2019

2.07%
1,771,212.00
1,712,291.90

99.80 3.45%
1,671,596.40
23,536.08

1.14%
(40,695.50)
A2 / A
NR

2.09 1.97
69371RR40 Paccar Financial Corp Note

0.500% Due 08/09/2024
680,000.00 08/03/2021

0.52%
679,632.80
679,742.02

94.15 3.40%
640,251.28
1,341.11

0.43%
(39,490.74)
A1 / A+
NR

2.11 2.06
69371RQ25 Paccar Financial Corp Note

2.150% Due 08/15/2024
370,000.00 08/08/2019

2.20%
369,182.30
369,652.69

97.31 3.47%
360,041.82
3,005.22

0.24%
(9,610.87)
A1 / A+
NR

2.13 2.04
14913Q3B3 Caterpillar Finl Service Note

2.150% Due 11/08/2024
1,100,000.00 01/28/2020

1.92%
1,111,517.00
1,105,685.86

97.10 3.44%
1,068,048.30
3,481.81

0.72%
(37,637.56)
A2 / A
A

2.36 2.26
74153WCQ0 Pricoa Global Funding Note

1.150% Due 12/06/2024
885,000.00 12/01/2021

1.19%
884,088.45
884,259.26

94.02 3.75%
832,037.18
706.77

0.56%
(52,222.08)
Aa3 / AAAA2.44

2.36 89114TZL9 Toronto-Dominion Bank Note

1.450% Due 01/10/2025
700,000.00 03/15/2022

2.79%
674,737.00
677,336.88

94.63 3.69%
662,429.60
4,764.86

0.45%
(14,907.28)
A1 / A
NR

2.53 2.43
89236TJT3 Toyota Motor Credit Corp Note

1.450% Due 01/13/2025
1,215,000.00 01/10/2022

1.50%
1,213,371.90
1,213,622.95

94.86 3.59%
1,152,567.23
8,221.50

0.78%
(61,055.72)
A1 / A+
A+

2.54 2.44
64952WEK5 New York Life Global Note

1.450% Due 01/14/2025
1,680,000.00 01/11/2022

1.49%
1,678,185.60
1,678,463.72

94.49 3.75%
1,587,410.16
11,300.33

1.07%
(91,053.56)
Aaa / AA+
AAA

2.55 2.44
69371RR73 Paccar Financial Corp Note

2.850% Due 04/07/2025
885,000.00 03/31/2022

2.86%
884,769.90
884,787.75

98.11 3.57%
868,246.95
5,885.25

0.59%
(16,540.80)
A1 / A+
NR

2.77 2.62
78016EZ59 Royal Bank of Canada Note

3.375% Due 04/14/2025
1,050,000.00 04/07/2022

3.39%
1,049,611.50
1,049,639.15

98.74 3.86%
1,036,722.75
7,579.69

0.70%
(12,916.40)
A1 / A
AA2.792.62
06406RBC0 Bank of NY Mellon Corp Callable Note Cont 3/25/2025

3.350% Due 04/25/2025
1,370,000.00 04/19/2022

3.35%
1,369,808.20
1,369,819.76

98.96 3.74%
1,355,741.04
8,286.60

0.92%
(14,078.72)
A1 / A
AA2.822.65
As of June 30, 2022
32 849
CC 08-16-2022
849 of 1555
Holdings Report
City of Cupertino - Account #10659
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
06367WB85 Bank of Montreal Note

1.850% Due 05/01/2025
1,240,000.00 07/23/2021

0.85%
1,285,656.80
1,274,392.13

94.88 3.77%
1,176,557.88
3,823.33

0.79%
(97,834.25)
A2 / AAA2.84

2.71 46647PCH7 JP Morgan Chase & Co Callable Note Cont 6/1/2024

0.824% Due 06/01/2025
1,370,000.00 05/24/2021

0.78%
1,371,773.90
1,371,134.59

93.53 3.60%
1,281,329.50
940.73

0.86%
(89,805.09)
A2 / AAA2.92

2.83 46647PCK0 JP Morgan Chase & Co Callable Note Cont 6/23/2024

0.969% Due 06/23/2025
655,000.00 Various

0.95%
655,406.85
655,268.63

93.51 3.66%
612,486.57
141.05

0.41%
(42,782.06)
A2 / AAA2.98

2.89 74153WCM9 Pricoa Global Funding Note

0.800% Due 09/01/2025
904,000.00 04/06/2022

3.26%
832,972.72
837,776.50

91.37 3.71%
825,954.06
2,410.67

0.56%
(11,822.44)
Aa3 / AAAA3.18

3.07 06406HCQ0 Bank of New York Callable Note Cont 10/18/2025

3.950% Due 11/18/2025
1,000,000.00 04/05/2022

3.20%
1,024,910.00
1,023,268.64

99.93 3.97%
999,301.00
4,718.06

0.67%
(23,967.64)
A1 / A
AA3.393.12
40139LBC6 Guardian Life Glob Fun Note

0.875% Due 12/10/2025
1,400,000.00 Various

1.12%
1,385,860.00
1,388,352.99

90.21 3.94%
1,262,983.40
714.58

0.85%
(125,369.59)
Aa2 / AA+
NR

3.45 3.33
66815L2A6 Northwestern Mutual Glbl Note

0.800% Due 01/14/2026
850,000.00 12/06/2021

1.47%
827,449.50
830,535.52

89.98 3.86%
764,813.85
3,154.44

0.52%
(65,721.67)
Aaa / AA+
AAA

3.55 3.41
06051GHY8 Bank of America Corp Callable Note Cont 2/13/2025

2.015% Due 02/13/2026
600,000.00 05/24/2021

1.05%
620,988.00
614,795.07

93.81 4.12%
562,840.80
4,634.50

0.38%
(51,954.27)
A2 / AAA3.63

3.40 46647PBK1 JP Morgan Chase & Co Callable Note Cont 4/22/2025

2.083% Due 04/22/2026
401,000.00 05/20/2021

1.11%
415,969.33
411,747.75

93.59 4.25%
375,299.11
1,600.96

0.25%
(36,448.64)
A2 / AAA3.81

3.58 6174468Q5 Morgan Stanley Callable Note Cont 4/28/2025

2.188% Due 04/28/2026
650,000.00 05/23/2022

3.98%
615,699.50
616,584.52

93.70 4.33%
609,044.80
2,488.85

0.41%
(7,539.72)
A1 / AA3.83

3.59 023135BX3 Amazon.com Inc Callable Note Cont 4/12/2026

1.000% Due 05/12/2026
1,875,000.00 05/10/2021

1.09%
1,866,900.00
1,868,740.91

91.02 3.50%
1,706,658.75
2,552.08

1.15%
(162,082.16)
A1 / AA
AA3.873.73
91324PEC2 United Health Group Inc Callable Note Cont 4/15/2026

1.150% Due 05/15/2026
1,035,000.00 Various

1.37%
1,025,051.35
1,026,256.50

90.77 3.73%
939,419.82
1,520.88

0.63%
(86,836.68)
A3 / A+
A

3.88 3.72
89236TJK2 Toyota Motor Credit Corp Note

1.125% Due 06/18/2026
1,385,000.00 06/15/2021

1.13%
1,384,390.60
1,384,516.75

90.43 3.74%
1,252,393.18
562.66

0.84%
(132,123.57)
A1 / A+
A+

3.97 3.81
06051GJD2 Bank of America Corp Callable Note Cont 6/19/2025

1.319% Due 06/19/2026
700,000.00 07/16/2021

1.27%
701,274.00
700,965.75

90.83 4.18%
635,789.70
307.77

0.43%
(65,176.05)
A2 / AAA3.97

3.79 57629WDE7 Mass Mutual Global funding Note

1.200% Due 07/16/2026
1,000,000.00 08/19/2021

1.15%
1,002,230.00
1,001,840.87

89.98 3.90%
899,761.00
5,500.00

0.61%
(102,079.87)
Aa3 / AA+
AA+

4.05 3.86
As of June 30, 2022
33 850
CC 08-16-2022
850 of 1555
Holdings Report
City of Cupertino - Account #10659
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
58989V2D5 Met Tower Global Funding Note

1.250% Due 09/14/2026
770,000.00 09/07/2021

1.27%
769,291.60
769,404.11

88.88 4.16%
684,389.09
2,860.76

0.46%
(85,015.02)
Aa3 / AAAA4.21

4.00 931142ER0 Wal-Mart Stores Callable Note Cont 08/17/2026

1.050% Due 09/17/2026
350,000.00 09/08/2021

1.09%
349,338.50
349,442.47

91.05 3.34%
318,691.45
1,061.67

0.21%
(30,751.02)
Aa2 / AA
AA

4.22 4.05
59217GER6 Metlife Note

1.875% Due 01/11/2027
1,115,000.00 01/03/2022

1.90%
1,113,728.90
1,113,847.94

90.87 4.10%
1,013,220.57
9,872.40

0.69%
(100,627.37)
Aa3 / AAAA4.54

4.23 808513BY0 Charles Schwab Corp Callable Note Cont 2/3/2027

2.450% Due 03/03/2027
960,000.00 03/01/2022

2.46%
959,729.90
959,747.32

93.40 4.01%
896,592.96
7,709.34

0.61%
(63,154.36)
A2 / A
A

4.68 4.31
084664CZ2 Berkshire Hathaway Callable Note Cont 2/15/2027

2.300% Due 03/15/2027
1,615,000.00 03/07/2022

2.30%
1,614,693.15
1,614,711.30

94.59 3.56%
1,527,662.42
10,937.14

1.03%
(87,048.88)
Aa2 / AA
A+

4.71 4.37
665859AW4 Northern Trust Company Callable Note Cont 4/10/2027

4.000% Due 05/10/2027
670,000.00 05/05/2022

4.04%
668,914.60
668,945.51
100.75

3.83%
674,992.84
3,796.67

0.46%
6,047.33
A2 / A+
A+

4.86 4.29
91324PEG3 United Health Group Inc Callable Note Cont 4/15/2027

3.700% Due 05/15/2027
675,000.00 05/17/2022

3.69%
675,316.70
675,309.39

99.56 3.80%
672,015.15
2,844.37

0.45%
(3,294.24)
A3 / A+
A

4.88 4.40
TOTAL Corporate 41,670,000.00 1.85%
41,769,264.58
41,641,464.58 3.70%
39,503,204.81
207,176.71

26.70%
(2,138,259.77)
A1 / A+
AA3.052.89
Money Market Fund
94975H270 Wells Fargo 100% Treasury Money Mkt Fund 1,264,193.62 Various

0.64%
1,264,193.62
1,264,193.62

1.00 0.64%
1,264,193.62

0.00 0.85%

0.00 Aaa / AAA
NR

0.00 0.00
TOTAL Money Market Fund 1,264,193.62 0.64%
1,264,193.62
1,264,193.62 0.64%
1,264,193.62

0.00 0.85%

0.00 Aaa / AAA
NR

0.00 0.00
Municipal Bonds
13063DRK6 California State Taxable GO

2.400% Due 10/01/2024
755,000.00 10/16/2019

1.91%
772,342.35
762,911.73

98.02 3.32%
740,066.10
4,530.00

0.50%
(22,845.63)
Aa2 / AAAA2.26

2.16 TOTAL Municipal Bonds 755,000.00 1.91%
772,342.35
762,911.73 3.32%
740,066.10
4,530.00

0.50%
(22,845.63)
Aa2 / AAAA2.26

2.16 Supranational
45950KCP3 International Finance Corp Note

2.875% Due 07/31/2023
2,050,000.00 07/01/2021

0.31%
2,158,137.50
2,106,575.25
100.03

2.84%
2,050,699.05
24,721.01

1.40%
(55,876.20)
Aaa / AAA
NR

1.08 1.05
As of June 30, 2022
34 851
CC 08-16-2022
851 of 1555
Holdings Report
City of Cupertino - Account #10659
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
4581X0DP0 Inter-American Dev Bank Note

0.250% Due 11/15/2023
2,800,000.00 07/01/2021

0.37%
2,792,300.00
2,795,515.78

96.54 2.84%
2,703,008.00
894.44

1.82%
(92,507.78)
Aaa / AAA
NR

1.38 1.35
45950KCT5 International Finance Corp Note

0.375% Due 07/16/2025
2,500,000.00 05/27/2021

0.66%
2,471,150.00
2,478,716.90

92.29 3.04%
2,307,335.00
4,296.88

1.55%
(171,381.90)
Aaa / AAA
NR

3.05 2.98
459058JL8 Intl. Bank Recon & Development Note

0.500% Due 10/28/2025
2,400,000.00 Various

0.60%
2,388,859.25
2,392,115.68

91.80 3.11%
2,203,108.80
2,100.01

1.48%
(189,006.88)
Aaa / AAA
AAA

3.33 3.25
4581X0DV7 Inter-American Dev Bank Note

0.875% Due 04/20/2026
2,460,000.00 04/13/2021

0.97%
2,448,733.20
2,451,429.58

91.97 3.13%
2,262,380.82
4,245.21

1.52%
(189,048.76)
Aaa / AAA
AAA

3.81 3.68
TOTAL Supranational 12,210,000.00 0.58%
12,259,179.95
12,224,353.19 2.99%
11,526,531.67
36,257.55

7.77%
(697,821.52)
Aaa / AAA
Aaa

2.51 2.44
US Treasury
912828T91 US Treasury Note

1.625% Due 10/31/2023
650,000.00 Various

1.94%
641,405.27
647,412.86

98.32 2.92%
639,081.95
1,779.55

0.43%
(8,330.91)
Aaa / AA+
AAA

1.34 1.30
912828V23 US Treasury Note

2.250% Due 12/31/2023
1,500,000.00 06/21/2019

1.80%
1,529,472.66
1,509,782.57

98.98 2.95%
1,484,766.00

91.71 1.00%
(25,016.57)
Aaa / AA+
AAA

1.50 1.46
912828B66 US Treasury Note

2.750% Due 02/15/2024
2,000,000.00 Various

2.14%
2,053,613.28
2,018,932.34

99.72 2.93%
1,994,376.00
20,662.99

1.35%
(24,556.34)
Aaa / AA+
AAA

1.63 1.56
91282CBR1 US Treasury Note

0.250% Due 03/15/2024
1,450,000.00 03/30/2021

0.33%
1,446,488.28
1,447,974.26

95.55 2.94%
1,385,543.15
1,063.86

0.93%
(62,431.11)
Aaa / AA+
AAA

1.71 1.68
912828X70 US Treasury Note

2.000% Due 04/30/2024
1,700,000.00 06/10/2019

1.92%
1,705,976.56
1,702,239.95

98.33 2.94%
1,671,644.00
5,728.26

1.13%
(30,595.95)
Aaa / AA+
AAA

1.84 1.78
912828XX3 US Treasury Note

2.000% Due 06/30/2024
2,000,000.00 Various

1.80%
2,018,574.22
2,007,680.28

98.18 2.94%
1,963,672.00
108.69

1.32%
(44,008.28)
Aaa / AA+
AAA

2.00 1.94
912828D56 US Treasury Note

2.375% Due 08/15/2024
1,700,000.00 09/18/2019

1.71%
1,753,191.41
1,723,033.78

98.77 2.98%
1,679,015.20
15,168.51

1.14%
(44,018.58)
Aaa / AA+
AAA

2.13 2.04
912828YY0 US Treasury Note

1.750% Due 12/31/2024
2,100,000.00 03/15/2022

1.97%
2,087,203.13
2,088,544.23

97.00 3.00%
2,037,081.90

99.86 1.37%
(51,462.33)
Aaa / AA+
AAA

2.51 2.42
912828ZC7 US Treasury Note

1.125% Due 02/28/2025
1,500,000.00 03/18/2020

0.81%
1,523,144.53
1,512,462.44

95.27 2.98%
1,429,101.00
5,640.29

0.96%
(83,361.44)
Aaa / AA+
AAA

2.67 2.59
91282CED9 US Treasury Note

1.750% Due 03/15/2025
3,100,000.00 Various

2.23%
3,057,617.20
3,061,160.30

96.78 3.00%
3,000,217.20
15,921.20

2.03%
(60,943.10)
Aaa / AA+
AAA

2.71 2.60
912828ZL7 US Treasury Note

0.375% Due 04/30/2025
2,500,000.00 03/21/2022

2.24%
2,360,839.85
2,373,223.26

92.91 3.00%
2,322,655.00
1,579.48

1.56%
(50,568.26)
Aaa / AA+
AAA

2.84 2.78
91282CAB7 US Treasury Note

0.250% Due 07/31/2025
1,500,000.00 03/12/2021

0.72%
1,469,765.63
1,478,709.26

91.92 3.01%
1,378,770.00
1,564.23

0.93%
(99,939.26)
Aaa / AA+
AAA

3.09 3.03
As of June 30, 2022
35 852
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852 of 1555
Holdings Report
City of Cupertino - Account #10659
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
91282CAM3 US Treasury Note

0.250% Due 09/30/2025
2,400,000.00 Various

0.56%
2,366,140.63
2,375,945.91

91.46 3.03%
2,195,155.20
1,508.20

1.48%
(180,790.71)
Aaa / AA+
AAA

3.25 3.19
91282CAT8 US Treasury Note

0.250% Due 10/31/2025
2,450,000.00 Various

0.49%
2,422,492.19
2,430,795.12

91.23 3.04%
2,235,147.25
1,031.93

1.50%
(195,647.87)
Aaa / AA+
AAA

3.34 3.27
91282CAZ4 US Treasury Note

0.375% Due 11/30/2025
2,250,000.00 03/26/2021

0.77%
2,209,658.20
2,220,505.82

91.44 3.03%
2,057,431.50
714.65

1.38%
(163,074.32)
Aaa / AA+
AAA

3.42 3.35
91282CBH3 US Treasury Note

0.375% Due 01/31/2026
2,500,000.00 05/27/2021

0.75%
2,456,445.31
2,466,614.02

91.04 3.03%
2,275,977.50
3,910.57

1.53%
(190,636.52)
Aaa / AA+
AAA

3.59 3.50
91282CBW0 US Treasury Note

0.750% Due 04/30/2026
2,500,000.00 05/27/2021

0.80%
2,493,652.34
2,495,060.97

91.79 3.03%
2,294,727.50
3,158.97

1.54%
(200,333.47)
Aaa / AA+
AAA

3.84 3.72
91282CCZ2 US Treasury Note

0.875% Due 09/30/2026
1,400,000.00 10/18/2021

1.19%
1,379,054.68
1,382,010.44

91.46 3.03%
1,280,452.60
3,079.23

0.86%
(101,557.84)
Aaa / AA+
AAA

4.25 4.11
91282CDG3 US Treasury Note

1.125% Due 10/31/2026
1,400,000.00 11/15/2021

1.25%
1,391,468.75
1,392,534.57

92.31 3.03%
1,292,320.40
2,653.53

0.87%
(100,214.17)
Aaa / AA+
AAA

4.34 4.17
TOTAL US Treasury 36,600,000.00 1.34%
36,366,204.12
36,334,622.38 2.99%
34,617,135.35
85,465.71

23.33%
(1,717,487.03)
Aaa / AA+
Aaa

2.80 2.72
TOTAL PORTFOLIO 155,016,023.68 1.41%
155,773,883.32
155,117,379.78 3.25%
148,259,207.35
485,449.88
100.00%
(6,858,172.43)
Aa1 / AA+
Aaa

2.74 2.39
TOTAL MARKET VALUE PLUS ACCRUALS 148,744,657.23
As of June 30, 2022
36 853
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853 of 1555
SECTION | Section 4 | Transactions
37 854
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854 of 1555
Transaction Ledger
City of Cupertino - Account #10659
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 04/07/2022 06406HCQ0 1,000,000.00 Bank of New York Callable Note Cont 10/18/2025

3.95% Due: 11/18/2025
102.491 3.21% 1,024,910.00 15,251.39 1,040,161.39 0.00
Purchase 04/07/2022 69371RR73 885,000.00 Paccar Financial Corp Note

2.85% Due: 04/07/2025

99.974 2.86% 884,769.90 0.00 884,769.90 0.00
Purchase 04/08/2022 74153WCM9 904,000.00 Pricoa Global Funding Note

0.8% Due: 09/01/2025

92.143 3.26% 832,972.72 743.29 833,716.01 0.00
Purchase 04/12/2022 91282CED9 1,000,000.00 US Treasury Note

1.75% Due: 03/15/2025

97.320 2.71% 973,203.13 1,331.52 974,534.65 0.00
Purchase 04/13/2022 362585AC5 390,000.00 GM Financial Securitized ART 2022-2 A3

3.1% Due: 02/16/2027

99.979 3.13% 389,918.49 0.00 389,918.49 0.00
Purchase 04/14/2022 78016EZ59 1,050,000.00 Royal Bank of Canada Note

3.375% Due: 04/14/2025

99.963 3.39% 1,049,611.50 0.00 1,049,611.50 0.00
Purchase 04/26/2022 06406RBC0 1,370,000.00 Bank of NY Mellon Corp Callable Note Cont 3/25/2025

3.35% Due: 04/25/2025

99.986 3.35% 1,369,808.20 0.00 1,369,808.20 0.00
Purchase 05/10/2022 665859AW4 670,000.00 Northern Trust Company Callable Note Cont 4/10/2027
4% Due: 05/10/2027

99.838 4.04% 668,914.60 0.00 668,914.60 0.00
Purchase 05/18/2022 05602RAD3 530,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due: 08/25/2026

99.995 3.23% 529,972.44 0.00 529,972.44 0.00
Purchase 05/20/2022 91324PEG3 260,000.00 United Health Group Inc Callable Note Cont 4/15/2027

3.7% Due: 05/15/2027
100.077 3.68% 260,200.20 0.00 260,200.20 0.00
Purchase 05/20/2022 91324PEG3 260,000.00 United Health Group Inc Callable Note Cont 4/15/2027

3.7% Due: 05/15/2027
100.077 3.68% 260,200.20 0.00 260,200.20 0.00
Purchase 05/20/2022 91324PEG3 155,000.00 United Health Group Inc Callable Note Cont 4/15/2027

3.7% Due: 05/15/2027

99.946 3.71% 154,916.30 0.00 154,916.30 0.00
Purchase 05/24/2022 02582JJT8 1,375,000.00 American Express Credit Trust 2022-2 A

3.39% Due: 05/17/2027

99.978 3.42% 1,374,695.85 0.00 1,374,695.85 0.00
March 31, 2022 through June 30, 2022
As of June 30, 2022
38 855
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855 of 1555
Transaction Ledger
City of Cupertino - Account #10659
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss Purchase 05/25/2022 6174468Q5 650,000.00 Morgan Stanley Callable Note Cont 4/28/2025

2.188% Due: 04/28/2026

94.723 3.98% 615,699.50 1,066.65 616,766.15 0.00
Subtotal 10,499,000.00 10,389,793.03 18,392.85 10,408,185.88 0.00 TOTAL ACQUISITIONS 10,499,000.00 10,389,793.03 18,392.85 10,408,185.88 0.00

DISPOSITIONS
Sale 04/04/2022 69371RP59 435,000.00 Paccar Financial Corp Note

3.4% Due: 08/09/2023
101.510 2.56% 441,568.50 2,259.58 443,828.08 1,907.08
Sale 04/07/2022 06406RAG2 1,000,000.00 Bank of NY Mellon Corp Note

3.5% Due: 04/28/2023
101.441 3.15% 1,014,410.00 15,458.33 1,029,868.33 10,927.58 Sale 04/12/2022 037833AK6 1,000,000.00 Apple Inc Note

2.4% Due: 05/03/2023
100.336 2.79% 1,003,360.00 10,600.00 1,013,960.00 7,230.21 Sale 04/12/2022 24422ETG4 1,000,000.00 John Deere Capital Corp Note

2.8% Due: 03/06/2023
100.708 2.60% 1,007,080.00 2,800.00 1,009,880.00 5,351.04 Sale 05/09/2022 931142EK5 1,000,000.00 Wal-Mart Stores Callable Note Cont 5/26/2023

3.4% Due: 06/26/2023
100.893 2.80% 1,008,930.00 12,561.11 1,021,491.11 3,041.77 Sale 05/19/2022 3137EAEN5 550,000.00 FHLMC Note

2.75% Due: 06/19/2023
100.505 1.83% 552,777.50 6,302.08 559,079.58 -2,517.91
Sale 05/23/2022 02665WCQ2 700,000.00 American Honda Finance Note

3.625% Due: 10/10/2023
100.908 2.52% 706,356.00 3,030.90 709,386.90 -1,428.72
Sale 05/25/2022 02665WCQ2 600,000.00 American Honda Finance Note

3.625% Due: 10/10/2023
100.903 2.52% 605,418.00 2,718.75 608,136.75 -1,228.19
Sale 06/30/2022 45950KCP3 650,000.00 International Finance Corp Note

2.875% Due: 07/31/2023

99.751 0.31% 648,378.25 7,786.46 656,164.71 -19,605.66
Subtotal 6,935,000.00 6,988,278.25 63,517.21 7,051,795.46 3,677.20 March 31, 2022 through June 30, 2022
As of June 30, 2022
39 856
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856 of 1555
Transaction Ledger
City of Cupertino - Account #10659
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss Maturity 04/28/2022 89114W7M1 350,000.00 Toronto Dominion Yankee CD

0.24% Due: 04/28/2022
100.000 350,000.00 851.66 350,851.66 0.00
Subtotal 350,000.00 350,000.00 851.66 350,851.66 0.00
TOTAL DISPOSITIONS 7,285,000.00 7,338,278.25 64,368.87 7,402,647.12 3,677.20 March 31, 2022 through June 30, 2022
As of June 30, 2022
40 857
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857 of 1555
Important Disclosures
2022 Chandler Asset Management, Inc, An Independent Registered Investment Adviser.

Information contained herein is confidential. Prices are provided by ICE Data Services Inc (“IDS”), an independent pricing source. In the event IDS does not provide a price or if the price provided is not reflective of fair market value, Chandler will obtain pricing from an alternative approved third party pricing source in accordance with our written valuation policy and procedures. Our valuation procedures are also disclosed in Item 5 of our Form ADV Part 2A.

Performance results are presented gross-of-advisory fees and represent the client’s Total Return. The deduction of advisory fees lowers performance results. These results include the reinvestment of dividends and other earnings. Past performance may not be indicative of future results. Therefore, clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Economic factors, market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.

Index returns assume reinvestment of all distributions. Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing historical performance results. It is not possible to invest directly in an index.

Source ICE Data Indices, LLC ("ICE"), used with permission. ICE permits use of the ICE indices and related data on an "as is" basis; ICE, its affiliates and their respective third party suppliers disclaim any and all warranties and representations, express and/or implied, including any warranties of merchantability or fitness for a particular purpose or use, including the indices, index data and any data included in, related to, or derived therefrom. Neither ICE data, its affiliates or their respective third party providers guarantee the quality, adequacy, accuracy, timeliness or completeness of the indices or the index data or any component thereof, and the indices and index data and all components thereof are provided on an "as is" basis and licensee's use it at licensee's own risk. ICE data, its affiliates and their respective third party do not sponsor, endorse, or recommend chandler asset management, or any of its products or services.

This report is provided for informational purposes only and should not be construed as a specific investment or legal advice. The information contained herein was obtained from sources believed to be reliable as of the date of publication, but may become outdated or superseded at any time without notice. Any opinions or views expressed are based on current market conditions and are subject to change. This report may contain forecasts and forward-looking statements which are inherently limited and should not be relied upon as indicator of future results. Past performance is not indicative of future results. This report is not intended to constitute an offer, solicitation, recommendation or advice regarding any securities or investment strategy and should not be regarded by recipients as a substitute for the exercise of their own judgment.

Fixed income investments are subject to interest, credit and market risk. Interest rate risk: the value of fixed income investments will decline as interest rates rise. Credit risk: the possibility that the borrower may not be able to repay interest and principal. Low rated bonds generally have to pay higher interest rates to attract investors willing to take on greater risk. Market risk: the bond market in general could decline due to economic conditions, especially during periods of rising interest rates.

Ratings information have been provided by Moody’s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

Security level ratings for U.S. Agency issued mortgage-backed securities (“MBS”) reflect the issuer rating because the securities themselves are not rated. The issuing U.S. Agency guarantees the full and timely payment of both principal and interest and carries a AA+/Aaa/AAA by S&P, Moody’s and Fitch respectively.

As of June 30, 2022
41 858
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858 of 1555
Benchmark Disclosures
ICE BofA 1-5 Yr US Treasury & Agency Index
The ICE BofA 1-5 Year US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody’s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than five years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies.

As of June 30, 2022
42 859
CC 08-16-2022
859 of 1555
INVESTMENT AND INSURANCE PRODUCTS ARE:
• NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) OR ANY FEDERAL GOVERNMENT AGENCY • NOT A DEPOSIT, OBLIGATION OF, OR GUARANTEED BY ANY BANK OR BANKING AFFILIATE • SUBJECT TO INVESTMENT RISKS AND MAY LOSE VALUE, INCLUDING POSSIBLE LOSS OF PRINCIPAL AMOUNT INVESTED

IRT - SAN FRANCISCO CA
510 N VALLEY MILLS DRIVE, SUITE 400
WACO, TX 76710-6075

CITY OF CUPERTINO -

CHANDLER ASSET MANAGEMENT
ACCOUNT NUMBER 16737400

MONTHLY STATEMENT
JUNE 1, 2022 THROUGH JUNE 30, 2022
ACCOUNT MANAGER: MICHAEL J WADE
TELEPHONE NUMBER: 515-878-6110
PFGEDD INVESTMENT CONTACT: IMR/CONNOR GAFKJEN
TELEPHONE NUMBER:

ADMINISTRATOR: LEEANN MICHAEL
TELEPHONE NUMBER: 254-262-3243
18222 SE
860
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Custody and trust services are provided by Principal Bank®, Member FDIC, and/or Principal Trust Company®. These services are provided under the name Principal® Custody Solutions, a division of Principal Bank. Principal Trust Company is a trade name of Delaware Guarantee & Trust Company. Principal Bank and Principal Trust Company are members of the Principal Financial Group®, Des Moines, IA 50392. 861
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PAGE 17

STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO
AS OF JUNE 30, 2022 ACCOUNT NUMBER
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,500,000 US TREASURY NOTE 1,469,765.63 1,377,240.00 0.93 92,525.63- 1,564.23 DTD 07/31/20 0.250 07/31/2025 97.9844 91.8160

MOODY'S RATING AAA
CUSIP 91282CAB7
2,400,000 US TREASURY NOTE 2,366,140.63 2,192,712.00 1.48 173,428.63- 1,508.20 DTD 09/30/20 0.250 09/30/2025 98.5892 91.3630

MOODY'S RATING AAA
CUSIP 91282CAM3
2,450,000 US TREASURY NOTE 2,422,492.19 2,232,562.50 1.51 189,929.69- 1,031.93 DTD 10/31/20 0.250 10/31/2025 98.8772 91.1250

MOODY'S RATING AAA
CUSIP 91282CAT8
2,250,000 US TREASURY NOTE 2,209,658.20 2,055,060.00 1.39 154,598.20- 714.65 DTD 11/30/20 0.375 11/30/2025 98.2070 91.3360

MOODY'S RATING AAA
CUSIP 91282CAZ4
2,500,000 US TREASURY NOTE 2,456,445.31 2,273,250.00 1.53 183,195.31- 3,910.57 DTD 02/01/21 0.375 01/31/2026 98.2578 90.9300

MOODY'S RATING AAA
CUSIP 91282CBH3
1,450,000 US TREASURY NOTE 1,446,488.28 1,384,474.50 0.93 62,013.78- 1,063.86 DTD 03/15/21 0.250 03/15/2024 99.7578 95.4810

MOODY'S RATING AAA
CUSIP 91282CBR1
2,500,000 US TREASURY NOTE 2,493,652.34 2,291,800.00 1.55 201,852.34- 3,158.97 DTD 04/30/21 0.750 04/30/2026 99.7461 91.6720

MOODY'S RATING AAA
CUSIP 91282CBW0
1,400,000 US TREASURY NOTE 1,379,054.68 1,278,592.00 0.86 100,462.68- 3,079.24 DTD 09/30/21 0.875 09/30/2026 98.5039 91.3280

MOODY'S RATING AAA
CUSIP 91282CCZ2
879
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PAGE 18

STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO
AS OF JUNE 30, 2022 ACCOUNT NUMBER
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,400,000 US TREASURY NOTE 1,391,468.75 1,290,464.00 0.87 101,004.75- 2,653.53 DTD 11/01/21 1.125 10/31/2026 99.3906 92.1760
CUSIP 91282CDG3
2,000,000 US TREASURY NOTE 2,053,613.28 1,992,960.00 1.35 60,653.28- 20,662.98 DTD 02/18/14 2.750 02/15/2024 102.6807 99.6480

MOODY'S RATING AAA
CUSIP 912828B66
1,700,000 US TREASURY NOTE 1,753,191.41 1,677,492.00 1.13 75,699.41- 15,168.51 DTD 08/15/14 2.375 08/15/2024 103.1289 98.6760

MOODY'S RATING AAA
CUSIP 912828D56
650,000 US TREASURY NOTE 641,405.27 638,755.00 0.43 2,650.27- 1,779.55 DTD 10/31/16 1.625 10/31/2023 98.6777 98.2700

MOODY'S RATING AAA
CUSIP 912828T91
1,500,000 US TREASURY NOTE 1,529,472.66 1,483,950.00 1.00 45,522.66- 91.71 DTD 01/03/17 2.250 12/31/2023 101.9649 98.9300

MOODY'S RATING AAA
CUSIP 912828V23
2,000,000 US TREASURY NOTE 2,018,574.22 1,962,260.00 1.32 56,314.22- 108.70 DTD 06/30/17 2.000 06/30/2024 100.9287 98.1130

MOODY'S RATING AAA
CUSIP 912828XX3
1,700,000 US TREASURY NOTE 1,705,976.56 1,670,318.00 1.13 35,658.56- 5,728.26 DTD 05/01/17 2.000 04/30/2024 100.3516 98.2540

MOODY'S RATING AAA
CUSIP 912828X70
2,100,000 US TREASURY NOTE 2,087,203.13 2,035,194.00 1.37 52,009.13- 99.86 DTD 12/31/19 1.750 12/31/2024 99.3906 96.9140
CUSIP 912828YY0
880
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PAGE 19

STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO
AS OF JUNE 30, 2022 ACCOUNT NUMBER
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,500,000 US TREASURY NOTE 1,523,144.53 1,427,700.00 0.96 95,444.53- 5,640.29 DTD 03/02/20 1.125 02/28/2025 101.5430 95.1800

MOODY'S RATING AAA
CUSIP 912828ZC7
2,500,000 US TREASURY NOTE 2,360,839.85 2,320,225.00 1.57 40,614.85- 1,579.48 DTD 04/30/20 0.375 04/30/2025 94.4336 92.8090

MOODY'S RATING AAA
CUSIP 912828ZL7
800,000 VERIZON OWNER TRUST 799,832.00 787,408.00 0.53 12,424.00- 114.89 SER 2020-B CL A *0 DAY DELAY* 99.9790 98.4260
DTD 08/12/20 0.470 02/20/2025

MOODY'S RATING AAA
CUSIP 92290BAA9
173,764.62 VERIZON OWNER TRUST 173,751.22 173,559.58 0.12 191.64- 103.00 SER 2019-C CL A1A *0 DAY DELAY* 99.9923 99.8820
144A PRIV PLCMT 1.940 04/22/2024
CUSIP 92348AAA3
350,000 WALMART INC 349,338.50 318,265.50 0.21 31,073.00- 1,061.67 DTD 09/17/21 1.050 09/17/2026 99.8110 90.9330
MOODY'S RATING AA2
CUSIP 931142ER0
TOTAL BOND & NOTES 154,509,689.70 146,873,957.29 99.15 7,635,732.41- 489,774.37 ====================================================================================================================================== TOTAL INVESTMENTS 155,773,883.32 148,138,150.91 100.00 7,635,732.41- 489,925.40 TOTAL ACCRUALS 489,925.40 489,925.40
====================================================================================================================================== TOTAL ACCRUALS AND INVESTMENTS 156,263,808.72 148,628,076.31 881
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PAGE 20

STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO
AS OF JUNE 30, 2022 ACCOUNT NUMBER
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ Asset Pricing:

Values reflected for publicly-traded assets are provided by unaffiliated financial industry sources believed to be reliable. Values for non-publicly traded assets may be determined from other unaffiliated sources. Assets for which a current value is unavailable may be reflected at the last reported price, at par, or may be shown as having nominal or no value. Reported values may not be the price at which an asset may be sold. Asset values are updated as pricing becomes available from external sources, and may be updated less frequently than statements are generated.

Trade Confirms:

Pursuant to federal regulation, monthly or quarterly account statements that include investment transaction details may be provided in lieu of separate trade confirmations. Separate trade confirms may be obtained at no additional cost upon written request to the Relationship Manager.

Unclaimed Property Designated Representative Notification:

Except participants in qualified ERISA Plans - Your property may be transferred to the appropriate state if no activity occurs in the account within the time period specified by state law. If your state of residence allows, you may designate a representative for the purpose of receiving notice of account inactivity by providing the name and mailing or email address of a representative. The designated representative does not have any rights to your account. Please refer to your state's unclaimed property website for more information and instructions on how to designate a representative for notice. 882
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PAGE 21

CASH SUMMARY CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

CASH SUMMARY

DESCRIPTION PRINCIPAL CASH INCOME CASH
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ BEGINNING BALANCE 0.00 0.00

RECEIPTS
NET INTEREST COLLECTED 0.00 224,877.03
TRANSFER RECEIPTS 224,877.03 0.00
SALES 943,071.63 0.00
CASH MANAGEMENT SALES 9,239.23 0.00
TOTAL CASH RECEIPTS 1,177,187.89 224,877.03

DISBURSEMENTS
INVESTMENT MANAGEMENT EXPENSES 9,130.65- 0.00
TRANSFER DISBURSEMENTS 0.00 224,877.03-
CASH MANAGEMENT PURCHASES 1,168,057.24- 0.00
TOTAL CASH DISBURSEMENTS 1,177,187.89- 224,877.03-
ENDING BALANCE 0.00 0.00
________________________________________________________________________________________________________________________________________ 883
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PAGE 22

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ BEGINNING BALANCE 0.00 155,594,562.69
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯

CASH EQUIVALENTS
06/01/22 INTEREST RECEIVED 77.70
AS 100% TREAS MM FD-SVC CL #008
INTEREST FROM 5/1/22 TO 5/31/22
06/01/22 INTEREST RECEIVED 7.83

PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM
INTEREST FROM 5/1/22 TO 5/31/22
06/30/22 1,168,049.41 CASH SWEEP PURCHASES FOR STMT PERIOD 1,168,049.41- 1,168,049.41 AS 100% TREAS MM FD-SVC CL #008
17 TRANSACTIONS
06/30/22 7.83 CASH SWEEP PURCHASES FOR STMT PERIOD 7.83- 7.83

PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM
1 TRANSACTIONS
06/30/22 9,239.23- CASH SWEEP SALES FOR STMT PERIOD 9,239.23 9,239.23- AS 100% TREAS MM FD-SVC CL #008
3 TRANSACTIONS

BONDS & NOTES
06/15/22 INTEREST RECEIVED 2,845.38
AMERICAN EXPRES ABS 2.210% 3/15/27
CUSIP 02589BAA8
$0.00184/PV ON 1,545,000.00 PV
DUE 6/15/22
06/21/22 INTEREST RECEIVED 2,719.06
AMERICAN EXPRESS ABS 3.390% 5/17/27
CUSIP 02582JJT8
$0.00198/PV ON 1,375,000.00 PV
DUE 6/15/22
884
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PAGE 23

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/27/22 INTEREST RECEIVED 116.88
BMW VEHICLE LEASE TR 0.330% 12/26/24
CUSIP 09690AAC7
$0.00027/PV ON 425,000.00 PV
DUE 6/25/22
06/27/22 INTEREST RECEIVED 412.50
BMW VEHICLE LEASE TR 1.100% 3/25/25
CUSIP 05601XAC3
$0.00092/PV ON 450,000.00 PV
DUE 6/25/22
06/27/22 INTEREST RECEIVED 1,843.08
BMW VEHICLE OWN ABS 3.210% 8/25/26
CUSIP 05602RAD3
06/14/22 INTEREST RECEIVED 21,562.50
FED HOME LN BK 2.875% 6/14/24
CUSIP 3130A1XJ2
INTEREST ON 1,500,000.000 UNITS
06/08/22 INTEREST RECEIVED 35,437.50
FED HOME LN BK 3.375% 12/08/23
CUSIP 3130A0F70
INTEREST ON 2,100,000.000 UNITS
06/06/22 INTEREST RECEIVED 2,193.75
FED HOME LN MTG CORP 0.250% 12/04/23
CUSIP 3137EAFA2
INTEREST ON 1,755,000.000 UNITS
06/27/22 INTEREST RECEIVED 3,435.25
FED HOME LN MTG CORP 3.171% 10/25/24
CUSIP 3137BFE98
$0.00264/PV ON 1,300,000.00 PV
DUE 6/25/22
885
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STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/17/22 INTEREST RECEIVED 6,250.00
FED NATL MTG ASSN 0.500% 6/17/25
CUSIP 3135G04Z3
INTEREST ON 2,500,000.000 UNITS
06/27/22 INTEREST RECEIVED 1,437.04
FHLMC MULTIFAMILY ST 2.653% 8/25/26
CUSIP 3137BSP72
$0.00221/PV ON 650,000.00 PV
DUE 6/25/22
06/27/22 INTEREST RECEIVED 1,422.62
FHLMC MULTIFAMILY ST 2.995% 12/25/25
CUSIP 3137BN6G4
$0.00250/PV ON 570,000.00 PV
DUE 6/25/22
06/27/22 INTEREST RECEIVED 2,508.33
FHLMC MULTIFAMILY ST 3.010% 8/25/25
CUSIP 3137BLMZ8
$0.00251/PV ON 1,000,000.00 PV
DUE 6/25/22
06/27/22 INTEREST RECEIVED 1,212.93
FHLMC MULTIFAMILY ST 3.308% 9/25/25
CUSIP 3137BM7C4
$0.00276/PV ON 440,000.00 PV
DUE 6/25/22
06/21/22 INTEREST RECEIVED 1,007.50
GM FINANCIAL ABS 3.100% 2/16/27
CUSIP 362585AC5
$0.00258/PV ON 390,000.00 PV
DUE 6/16/22
886
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STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/21/22 INTEREST RECEIVED 313.63
GM FINANCIAL AUTOMOB 0.390% 10/21/24
CUSIP 36262XAC8
$0.00032/PV ON 965,000.00 PV
DUE 6/20/22
06/21/22 INTEREST RECEIVED 1,496.25
GM FINANCIAL AUTOMOB 1.850% 3/20/25
CUSIP 36265MAC9
$0.00158/PV ON 945,000.00 PV
DUE 6/20/22
06/21/22 INTEREST RECEIVED 198.33
GM FINANCIAL SECURIT 0.680% 9/16/26
CUSIP 362554AC1
06/16/22 INTEREST RECEIVED 309.75
GM FINANCIAL SECURIT 1.260% 11/16/26
CUSIP 380146AC4
$0.00105/PV ON 295,000.00 PV
DUE 6/16/22
06/21/22 INTEREST RECEIVED 66.38
HONDA AUTO RECEIVABL 0.270% 4/21/25
CUSIP 43813GAC5
$0.00023/PV ON 295,000.00 PV
DUE 6/21/22
06/21/22 INTEREST RECEIVED 159.04
HONDA AUTO RECEIVABL 0.370% 10/18/24
CUSIP 43813KAC6
$0.00031/PV ON 515,799.55 PV
DUE 6/18/22
06/21/22 35,605.52- PAID DOWN 35,605.52 35,600.29- 5.23 HONDA AUTO RECEIVABL 0.370% 10/18/24
CUSIP 43813KAC6
AT $235.7997 ON TRADE DATE 06/18/2022
TO SETTLE ON 06/21/2022
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STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/15/22 INTEREST RECEIVED 77.07
HONDA AUTO RECEIVABL 0.820% 7/15/24
CUSIP 43813DAC2
$0.00068/PV ON 112,790.54 PV
DUE 6/15/22
06/15/22 9,305.44- PAID DOWN 9,305.44 9,304.71- 0.73
HONDA AUTO RECEIVABL 0.820% 7/15/24
CUSIP 43813DAC2
AT $404.0854 ON TRADE DATE 06/15/2022
06/21/22 INTEREST RECEIVED 337.33
HONDA AUTO RECEIVABL 0.880% 1/21/26
CUSIP 43815GAC3
$0.00073/PV ON 460,000.00 PV
DUE 6/21/22
06/16/22 INTEREST RECEIVED 1,159.33
HONDA AUTO RECEIVABL 1.000% 5/15/26
CUSIP 43815BAC4
$0.00157/PV ON 740,000.00 PV
DUE 6/15/22
06/15/22 INTEREST RECEIVED 364.93
HONDA AUTO RECEIVABL 1.780% 8/15/23
CUSIP 43815NAC8
$0.00148/PV ON 246,021.44 PV
DUE 6/15/22
06/15/22 46,685.41- PAID DOWN 46,685.41 46,606.93- 78.48 HONDA AUTO RECEIVABL 1.780% 8/15/23
CUSIP 43815NAC8
AT $159.4755 ON TRADE DATE 06/15/2022
06/15/22 INTEREST RECEIVED 217.25
HYUNDAI AUTO LEASE 0.330% 6/17/24
CUSIP 44891VAC5
$0.00027/PV ON 790,000.00 PV
DUE 6/15/22
888
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STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/15/22 INTEREST RECEIVED 522.00
HYUNDAI AUTO LEASE 1.160% 1/15/25
CUSIP 44891WAC3
$0.00097/PV ON 540,000.00 PV
DUE 6/15/22
06/15/22 INTEREST RECEIVED 1,868.50
HYUNDAI AUTO REC ABS 2.220% 10/15/26
CUSIP 448977AD0
$0.00185/PV ON 1,010,000.00 PV
DUE 6/15/22
06/15/22 INTEREST RECEIVED 163.08
HYUNDAI AUTO RECEIVA 0.380% 9/15/25
CUSIP 44933LAC7
$0.00032/PV ON 515,000.00 PV
DUE 6/15/22
06/15/22 INTEREST RECEIVED 820.17
HYUNDAI AUTO RECEIVA 0.740% 5/15/26
CUSIP 44935FAD6
$0.00062/PV ON 1,330,000.00 PV
DUE 6/15/22
06/30/22 650,000- SOLD 648,378.25 684,287.50- 35,909.25- INTL FINANCE CORP 2.875% 7/31/23
CUSIP 45950KCP3
AT $99.7505 ON TRADE DATE 06/28/2022
TO SETTLE ON 06/30/2022

TORONTO DOMINION BANK
06/30/22 ACCRUED INTEREST ON SALE 7,786.46
INTL FINANCE CORP 2.875% 7/31/23
CUSIP 45950KCP3
889
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STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/15/22 INTEREST RECEIVED 870.00
JOHN DEERE OWNER ABS 2.320% 9/16/26
CUSIP 47787JAC2
$0.00193/PV ON 450,000.00 PV
DUE 6/15/22
06/15/22 INTEREST RECEIVED 73.46
JOHN DEERE OWNER TRU 0.510% 11/15/24
CUSIP 47787NAC3
$0.00042/PV ON 172,857.42 PV
DUE 6/15/22
06/15/22 11,164.78- PAID DOWN 11,164.78 11,163.08- 1.70 JOHN DEERE OWNER TRU 0.510% 11/15/24
CUSIP 47787NAC3
06/15/22 INTEREST RECEIVED 251.33
JOHN DEERE OWNER TRU 0.520% 3/16/26
CUSIP 47789QAC4
$0.00043/PV ON 580,000.00 PV
DUE 6/15/22
06/15/22 INTEREST RECEIVED 143.26
JOHN DEERE OWNER TRU 1.100% 8/15/24
CUSIP 47789KAC7
$0.00092/PV ON 156,284.79 PV
DUE 6/15/22
06/15/22 12,559.78- PAID DOWN 12,559.78 12,559.01- 0.77 JOHN DEERE OWNER TRU 1.100% 8/15/24
CUSIP 47789KAC7
AT $299.3836 ON TRADE DATE 06/15/2022
06/15/22 INTEREST RECEIVED 283.69
JOHN DEERE OWNER TRU 2.210% 12/15/23
CUSIP 477870AC3
$0.00184/PV ON 154,040.88 PV
DUE 6/15/22
890
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STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/15/22 25,223.12- PAID DOWN 25,223.12 25,456.63- 233.51- JOHN DEERE OWNER TRU 2.210% 12/15/23
CUSIP 477870AC3
06/15/22 2,617.89- PAID DOWN 2,617.89 2,672.40- 54.51-
JOHN DEERE OWNER TRU 2.910% 7/17/23
CUSIP 47789JAD8
06/15/22 INTEREST RECEIVED 6.35
JOHN DEERE OWNER TRU 2.910% 7/17/23
CUSIP 47789JAD8
$00.0024/PV ON 3,665.03 PV
DUE 6/15/22
06/21/22 INTEREST RECEIVED 2.54
JOHN DEERE OWNER TRU 2.910% 7/17/23
CUSIP 47789JAD8
$0.00243/PV ON 1,047.14 PV
DUE 6/15/22
06/21/22 1,047.14- PAID DOWN 1,047.14 1,064.61- 17.47-
JOHN DEERE OWNER TRU 2.910% 7/17/23
CUSIP 47789JAD8
TO SETTLE ON 06/21/2022
06/15/22 INTEREST RECEIVED 99.65
MERCEDES-BENZ AUTO 0.400% 11/15/23
CUSIP 58769EAC2
$0.00033/PV ON 298,951.22 PV
DUE 6/15/22
06/15/22 26,410.72- PAID DOWN 26,410.72 26,409.38- 1.34 MERCEDES-BENZ AUTO 0.400% 11/15/23
CUSIP 58769EAC2
AT $142.3737 ON TRADE DATE 06/15/2022
891
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PAGE 30

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/15/22 INTEREST RECEIVED 858.83
NISSAN AUTO RECEIVAB 1.930% 7/15/24
CUSIP 65479JAD5
$0.00161/PV ON 533,989.82 PV
DUE 6/15/22
06/15/22 61,940.64- PAID DOWN 61,940.64 62,247.91- 307.27- NISSAN AUTO RECEIVAB 1.930% 7/15/24
CUSIP 65479JAD5
AT $655.2044 ON TRADE DATE 06/15/2022
06/10/22 INTEREST RECEIVED 6,125.00
P/P GUARDIAN LIFE GL 0.875% 12/10/25
CUSIP 40139LBC6
INTEREST ON 1,400,000.000 UNITS
06/06/22 INTEREST RECEIVED 5,032.21
P/P PRICOA GLOBAL FU 1.150% 12/06/24
CUSIP 74153WCQ0
INTEREST ON 885,000.000 UNITS
06/13/22 INTEREST RECEIVED 19,875.00
TORONTO-DOMINION BAN 2.650% 6/12/24
CUSIP 89114QCA4
INTEREST ON 1,500,000.000 UNITS
06/15/22 INTEREST RECEIVED 236.17
TOYOTA AUTO RECEIVAB 0.260% 5/15/25
CUSIP 89240BAC2
$0.00022/PV ON 1,090,000.00 PV
DUE 6/15/22
06/15/22 INTEREST RECEIVED 116.89
TOYOTA AUTO RECEIVAB 0.350% 1/15/25
CUSIP 89236XAC0
$0.00029/PV ON 400,759.46 PV
DUE 6/15/22
892
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PAGE 31

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/15/22 29,534.27- PAID DOWN 29,534.27 29,528.77- 5.50 TOYOTA AUTO RECEIVAB 0.350% 1/15/25
CUSIP 89236XAC0
06/15/22 INTEREST RECEIVED 254.42
TOYOTA AUTO RECEIVAB 0.710% 4/15/26
CUSIP 89238JAC9
$0.00059/PV ON 430,000.00 PV
DUE 6/15/22
06/21/22 INTEREST RECEIVED 1,878.33
TOYOTA LEASE OWN ABS 1.960% 2/20/25
CUSIP 89238LAC4
$0.00163/PV ON 1,150,000.00 PV
DUE 6/20/22
06/21/22 REVERSAL 227.50-

INTEREST RECEIVED
TOYOTA LEASE OWNER 0.390% 4/22/24
CUSIP 89238EAC0
AN10 INCORRECT POSTING
06/21/22 INTEREST RECEIVED 227.50
TOYOTA LEASE OWNER 0.390% 4/22/24
CUSIP 89238EAC0
06/21/22 INTEREST RECEIVED 227.50
TOYOTA LEASE OWNER 0.390% 4/22/24
CUSIP 89238EAC0
06/21/22 INTEREST RECEIVED 7,790.63
TOYOTA MOTOR CREDIT 1.125% 6/18/26
CUSIP 89236TJK2
INTEREST ON 1,385,000.000 UNITS
893
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PAGE 32

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/30/22 INTEREST RECEIVED 18,375.00
US TREASURY NOTE 1.750% 12/31/24
CUSIP 912828YY0
INTEREST ON 2,100,000.000 UNITS
06/30/22 INTEREST RECEIVED 20,000.00
US TREASURY NOTE 2.000% 6/30/24
CUSIP 912828XX3
INTEREST ON 2,000,000.000 UNITS
06/30/22 INTEREST RECEIVED 16,875.00
US TREASURY NOTE 2.250% 12/31/23
CUSIP 912828V23
INTEREST ON 1,500,000.000 UNITS
06/21/22 INTEREST RECEIVED 313.33
VERIZON OWNER TRUST 0.470% 2/20/25
CUSIP 92290BAA9
$0.00039/PV ON 800,000.00 PV
DUE 6/20/22
06/21/22 INTEREST RECEIVED 333.62
VERIZON OWNER TRUST 1.940% 4/22/24
CUSIP 92348AAA3
$0.00162/PV ON 206,363.29 PV
DUE 6/20/22
06/21/22 32,598.67- PAID DOWN 32,598.67 32,596.16- 2.51 VERIZON OWNER TRUST 1.940% 4/22/24
CUSIP 92348AAA3
AT $257.5495 ON TRADE DATE 06/20/2022
TO SETTLE ON 06/21/2022
06/21/22 INTEREST RECEIVED 4,616.50
VR BANK OF AMERICA 1.319% 6/19/26
CUSIP 06051GJD2
INTEREST ON 700,000.000 UNITS
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PAGE 33

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/27/22 INTEREST RECEIVED 2,550.00
VR FED HOME LN MTG 3.060% 7/25/23
CUSIP 3137B4WB8
06/27/22 INTEREST RECEIVED 2,639.42
VR FHLMC MULTIFAMI 3.334% 8/25/25
CUSIP 3137BLW95
$0.00278/PV ON 950,000.00 PV
DUE 6/25/22
06/27/22 INTEREST RECEIVED 2,939.17
VR FHLMC MULTIFAMILY 3.527% 10/25/23
CUSIP 3137B7MZ9
$0.00294/PV ON 1,000,000.00 PV
DUE 6/25/22
06/27/22 INTEREST RECEIVED 2,942.50
VR FHLMC MULTIFAMILY 3.531% 7/25/23
CUSIP 3137B5JM6
$0.00294/PV ON 1,000,000.00 PV
DUE 6/25/22
06/01/22 INTEREST RECEIVED 5,644.40
VR JPMORGAN CHASE & 0.824% 6/01/25
CUSIP 46647PCH7
INTEREST ON 1,370,000.000 UNITS
06/23/22 INTEREST RECEIVED 3,173.48
VR JPMORGAN CHASE & 0.969% 6/23/25
CUSIP 46647PCK0
INTEREST ON 655,000.000 UNITS

TRANSFER RECEIPTS
06/01/22 ADDITION TO ACCOUNT 7.83

TRANSFER FROM INCOME
895
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PAGE 34

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/02/22 ADDITION TO ACCOUNT 5,722.10

TRANSFER FROM INCOME
06/06/22 ADDITION TO ACCOUNT 7,225.96

TRANSFER FROM INCOME
06/08/22 ADDITION TO ACCOUNT 35,437.50

TRANSFER FROM INCOME
06/10/22 ADDITION TO ACCOUNT 6,125.00

TRANSFER FROM INCOME
06/13/22 ADDITION TO ACCOUNT 19,875.00

TRANSFER FROM INCOME
06/14/22 ADDITION TO ACCOUNT 21,562.50

TRANSFER FROM INCOME
06/15/22 ADDITION TO ACCOUNT 13,839.92

TRANSFER FROM INCOME
06/16/22 ADDITION TO ACCOUNT 1,634.73

TRANSFER FROM INCOME
06/17/22 ADDITION TO ACCOUNT 6,559.75

TRANSFER FROM INCOME
06/21/22 ADDITION TO ACCOUNT 17,532.54

TRANSFER FROM INCOME
06/23/22 ADDITION TO ACCOUNT 2,858.02

TRANSFER FROM INCOME
06/27/22 ADDITION TO ACCOUNT 19,066.64

TRANSFER FROM INCOME
896
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PAGE 35

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/28/22 ADDITION TO ACCOUNT 4,393.08

TRANSFER FROM INCOME
06/30/22 ADDITION TO ACCOUNT 63,036.46

TRANSFER FROM INCOME

INVESTMENT MANAGEMENT EXPENSES
06/06/22 INVESTMENT MGMT FEE 9,130.65-

PAID TO BRIDGE BANK
CHANDLER ASSET MGMT FEE PD 05/2022

TRANSFER DISBURSEMENTS
06/01/22 TRANSFER TO PRINCIPAL 7.83-
06/02/22 TRANSFER TO PRINCIPAL 5,722.10-
06/06/22 TRANSFER TO PRINCIPAL 7,225.96-
06/08/22 TRANSFER TO PRINCIPAL 35,437.50-
06/10/22 TRANSFER TO PRINCIPAL 6,125.00-
06/13/22 TRANSFER TO PRINCIPAL 19,875.00-
06/14/22 TRANSFER TO PRINCIPAL 21,562.50-
06/15/22 TRANSFER TO PRINCIPAL 13,839.92-
06/16/22 TRANSFER TO PRINCIPAL 1,634.73-
06/17/22 TRANSFER TO PRINCIPAL 6,559.75-
06/21/22 TRANSFER TO PRINCIPAL 17,532.54-
897
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PAGE 36

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/23/22 TRANSFER TO PRINCIPAL 2,858.02-
06/27/22 TRANSFER TO PRINCIPAL 19,066.64-
06/28/22 TRANSFER TO PRINCIPAL 4,393.08-
06/30/22 TRANSFER TO PRINCIPAL 63,036.46-
================================================================================================================= ENDING BALANCE 0.00 155,773,883.32
¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
898
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INVESTMENT AND INSURANCE PRODUCTS ARE:
• NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) OR ANY FEDERAL GOVERNMENT AGENCY • NOT A DEPOSIT, OBLIGATION OF, OR GUARANTEED BY ANY BANK OR BANKING AFFILIATE • SUBJECT TO INVESTMENT RISKS AND MAY LOSE VALUE, INCLUDING POSSIBLE LOSS OF PRINCIPAL AMOUNT INVESTED PAGE 37

PENDING TRADES SCHEDULE CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

PENDING TRADES SCHEDULE

TRADE SETTLE ACCRUED DUE TO/FROM MONTH END

PAR VALUE/SHARES DESCRIPTION DATE DATE INTEREST BROKER MARKET VALUE ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯

PENDING PURCHASES
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,170,000 NW MUTUAL GLOBAL 4.000% 7/01/25 06/27/22 07/01/22 0.00 1,169,602.20- 1,176,084.00 PRICE: 99.9660
CUSIP 66815L2J7
==================================================================================================================================== TOTAL PENDING PURCHASES 0.00 1,169,602.20- 1,176,084.00 ____________________________________________________________________________________________________________________________________ NET PENDING TRADES 0.00 1,169,602.20- 1,176,084.00
899
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CITY OF CUPERTINO
PARS Post-Employment Benefits Trust 6/1/2022 to 6/30/2022 Kristina Alfaro
Director of Administrative Services
City of Cupertino
10300 Torre Ave.

Cupertino, CA 95014
Account Summary
Source 6/1/2022 Contributions Earnings Expenses Distributions Transfers 6/30/2022 OPEB 1001 $33,524,972.07 $0.00 -$2,175,100.43 $10,010.56 $0.00 $0.00 $31,339,861.08 PENSION 1002 $16,302,481.20 $2,000,000.00 -$1,057,562.36 $4,867.91 $0.00 $0.00 $17,240,050.93 Totals $49,827,453.27 $2,000,000.00 -$3,232,662.79 $14,878.47 $0.00 $0.00 $48,579,912.01 Investment Selection
Source
OPEB

PENSION
Investment Objective
Source
OPEB

PENSION
Investment Return
Source 1-Month 3-Months 1-Year 3-Years 5-Years 10-Years OPEB -6.49% -13.02% -17.30% 2.73% 4.39% 5.71% 6/21/2010 PENSION -6.46% -12.99% -17.28% 3.96% - - 3/26/2019
Information as provided by US Bank, Trustee for PARS; Not FDIC Insured; No Bank Guarantee; May Lose Value Headquarters - 4350 Von Karman Ave., Suite 100, Newport Beach, CA 92660 800.540.6369 Fax 949.250.1250 www.pars.org Account balances are inclusive of Trust Administration, Trustee and Investment Management fees Annualized Return
Investment Return: Annualized rate of return is the return on an investment over a period other than one year multiplied or divided to give a comparable one-year return.

Past performance does not guarantee future results. Performance returns may not reflect the deduction of applicable fees, which could reduce returns. Information is deemed reliable but may be subject to change.

Individual account based on US Bank Balanced MM. Dual goals are to provide a moderate amount of current income with moderate capital growth.

Income production and longer term growth of capital.

Account Report for the Period
Balance as of
City of Cupertino - OPEB
Balance as of
Individual account based on US Bank Balanced MM. Dual goals are to provide a moderate amount of current income with moderate capital growth.

Income production and longer term growth of capital.

City of Cupertino - PEN
Plan's Inception Date
900
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7/1/22, 12:43 PM LAIF Regular Monthly Statement
https://laifms.treasurer.ca.gov/RegularStatement.aspx 1/1 Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
July 01, 2022
LAIF Home
PMIA Average Monthly
Yields

CITY OF CUPERTINO

FINANCE MANAGER
10300 TORRE AVENUE
CUPERTINO, CA 95014
Account Number:

June 2022 Statement
Tran Type Definitions
Account Summary
Total Deposit 0 00 Beginning Balance 21,059,751 91
Total Withdrawal: 0.00 Ending Balance: 21,059,751.91
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CITY OF CUPERTINO
Agenda Item
22-11337 Agenda Date: 8/16/2022
Agenda #: 16.

Subject: Consider the Treasurer's Investment Report for Quarter Ending June 30, 2022 Accept the Treasurer's Investment Report for Quarter Ending June 30, 2022 CITY OF CUPERTINO Page 1 of 1 Printed on 8/11/2022
powered by Legistar™902
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CITY COUNCIL STAFF REPORT
Meeting: August 16, 2022
Subject
Consider the Treasurer's Investment Report for Quarter Ending June 30, 2022 Recommended Action
Accept the Treasurer's Investment Report for Quarter Ending June 30, 2022 Discussion
Background
On May 19, 2022, the City Council approved the City Investment Policy. Per the City's Investment Policy, the Treasurer shall submit a quarterly investment report to the City Council approximately 45 days following the end of the quarter. In addition to the quarterly investment reports, monthly transaction reports are submitted to the City Council within 30 days of the end of the reporting period per California Government Code Section 53607. The quarterly investment report offers a more extensive discussion of the City's economy, cash flow, and investments.

Treasurer's Investment Report
The report provides an update on the City's investment portfolio for the quarter ending June 30, 2022. The report is as of July 20, 2022.

The attached statements include balances and transactions of the City's investments with the Local Agency Investment Fund (LAIF) and Chandler Asset Management. The Chandler investment report provides information on the investment type, issuer, purchase date, maturity date, cost value, par value, and market value for each security, as well as the weighted average maturity and weighted average yield of all investments.

While not governed by the City's Investment Policy, statements for the Public Agency Retirement Services (PARS) Section 115 Trusts are also attached per a request from the Treasurer's Report sub-committee.

As of June 30, 2022, the City's General Ledger cash and investments balance was $231.1 million, a $9.3 million increase from the prior quarter. 903
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2 Cash and Investments – General Ledger Balance
Fund Type Quarter Ending
March 31, 2022
Quarter Ending
June 30, 2022
General Fund 109,253,081 123,247,124
Special Revenue 49,309,819 47,551,397
Debt Service 2,284,850 6,850
Capital Projects 39,578,699 39,585,744
Enterprise 12,961,202 12,838,330
Internal Service 8,399,954 7,892,591
Total $ 221,787,605 $ 231,122,036
The $231.1 million in cash and investments includes $32.7 million in cash, $21.1 million in cash equivalents, $156.9 million in investments, and $20.5 million restricted for funding pension costs.

The City pools cash for all funds except restricted funds. However, the City accounts for interest earnings, revenues, and expenditures separately for each fund to adequately meet the purpose and restrictions of each funding source. Pooling funds is a common and appropriate practice used in public agencies. By pooling funds, the City can benefit from economies of scale, diversification, liquidity, and ease of administration. 904
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3 Cash and Investments – General Ledger Balance
Quarter Ending
March 31, 2022
Quarter Ending
June 30, 2022
% of
Portfolio
Cash in banks and on hand
Operating Checking (Wells Fargo) 25,321,992 32,654,882 14% Workers' Compensation Checking (Wells Fargo) 16,113 17,654 0% Payroll Checking (Wells Fargo) - - 0%
Restricted for Bond Repayments1(BNY Mellon) 8,333 8,333 0% Petty Cash and Change 5,100 5,100 0%
Cash Equivalents
Local Agency Investment Fund 21,059,752 21,059,752 9%
Investments
Investments (Chandler) 156,885,311 156,885,311 68%
Restricted for Pension2(PARS) 18,491,004 20,491,004 9%
Total Cash and Investments3 $ 221,787,605 $ 231,122,036 100% 1 Cash held by fiscal agent for bond repayments
2 In accordance with GASB 67/68, the assets in the Section 115 Pension Trust are reported as restricted cash and investments in the General Fund. The assets can only be used to fund CalPERS costs. 3 Assets in the Section 115 OPEB Trust are excluded as the City cannot use these assets to fund its own operations. The assets are held in trust for retirees' post-employment health benefits. 905
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4 The table below shows the bank balances for the City's cash and investments. Bank and General Ledger balances differ due to timing. Bank balances do not include outstanding checks and deposits in transit. The General Ledger is updated quarterly with interest earnings and annually with the year-end investment market values.

Cash and Investments – Bank Balance
Quarter Ending
March 31, 2022
Quarter Ending
June 30, 2022
% of
Portfolio
Cash in banks and on hand
Operating Checking (Wells Fargo) 27,898,076 32,249,699 15% Workers' Compensation Checking (Wells Fargo) 24,535 19,738 0% Payroll Checking (Wells Fargo) - - 0%
Restricted for Bond Repayments1(BNY Mellon) 8,333 8,333 0% Cash Equivalents
Local Agency Investment Fund 21,043,169 21,059,752 10%
Investments
Investments (Chandler) 150,202,612 148,744,657 68%
Restricted for Pension2(PARS) 17,540,077 17,240,051 8%
Total Cash and Investments3 $ 216,716,802 $ 219,322,230 100% 1 Cash held by fiscal agent for bond repayments
2 In accordance with GASB 67/68, the assets in the Section 115 Pension Trust are reported as restricted cash and investments in the General Fund. The assets can only be used to fund CalPERS costs. 3 Assets in the Section 115 OPEB Trust are excluded as the City cannot use these assets to fund its own operations. The assets are held in trust for retirees' post-employment health benefits.

Local Agency Investment Fund (LAIF)
LAIF is an investment pool administered by the State of California Treasurer and governed by California Government Code. The City can withdraw funds from LAIF at any time. As a result, the City uses LAIF for short-term investment, liquidity, and yield.

As of June 30, 2022, the City's LAIF account had a balance of $21.1 million. In April 2022, the City received a quarterly interest deposit of $16,583 for the quarter ending March 31, 2022. The interest rate was 0.32%. The City did not make any deposits or withdrawals in the quarter ending June 30, 2022.
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5 Investment Portfolio
In FY 2018-19, the City selected Chandler Asset Management for investment management services through a Request for Proposal (RFP). Chandler began their work with the City in the winter of 2018, conducting multiple meetings with staff to determine an investment structure and strategy. Starting in March 2019, Chandler invested the City's portfolio by purchasing agency issues, corporate medium-term notes, and negotiable certificates of deposit.

Under the City's Treasurer's direction, Chandler Asset Management manages the City's investment portfolio per the City's investment objectives. The City's investment objectives, in order of priority, are to provide:
 Safety to ensure the preservation of capital in the overall portfolio  Sufficient liquidity for cash needs
 A market rate of return consistent with the investment program The performance objective is to earn a total rate of return through a market cycle equal to or above the return on the benchmark index. Chandler Asset Management invests in highquality fixed-income securities consistent with the City's Investment Policy and California Government Code to achieve the objective.

As of June 30, 2022, the portfolio's market value was $148.7 million, compared to $150.2 million at the end of the previous quarter. The table below includes historical comparisons of the City's portfolio:

Quarter Ending
March 31, 2022
Quarter Ending
June 30, 2022
Market Value 150,202,612 148,744,657
Par Value 154,353,954 155,016,024
Book Value 154,669,327 155,117,380
Average Maturity 2.81 years 2.74 years
Average Modified Duration 2.49 2.39
Average Purchase Yield 1.31% 1.41%
Average Market Yield 2.43% 3.25%
Average Quality1 AA+/Aa1 AA+/Aa1
1 S&P and Moody's respectively
The portfolio's market value fluctuates depending on interest rates. When interest rates decrease after an investment is purchased, the market value of the investment increases.

In contrast, when interest rates increase after an investment is purchased, the market value of the investment decreases. At the time of purchase, the City intends to hold all investments until maturity, so changes in market price do not affect the City's investment principal. The market values were provided by Chandler Asset Management. 907
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6 Section 115 Trust Investment Portfolio
The City established Section 115 Trusts to reduce pension rate volatility, and pre-fund Other Post-Employment Benefits (OPEB) costs. A Section 115 Trust is a tax-exempt investment tool that allows local governments to pre-fund pension and retiree health costs. Once contributions are placed into the trust, assets from the trust can only be used to fund retirement plans.

The Section 115 Trusts are not governed by the City's Investment Policy but by separate investment policies. On December 7, 2021, City Council approved the Pension Trust Investment Policy and OPEB Trust Investment Policy. Public Agency Retirement Services (PARS) administers the trust, and US Bank manages the investments per the investment policies.

Both Section 115 Trusts are invested in "balanced" portfolios. The investment objective is designed to provide a moderate amount of current income with moderate growth of capital. It is recommended for investors with a long-term time horizon. The strategic asset allocation ranges and targets for this objective are:

Asset Class Range Target
Equities 50-70% 63%
Fixed Income 20-40% 29%
Real Estate 0-15% 5%
Commodities 0-10% 2%
Cash 0-10% 1%
As of June 30, 2022, the Section 115 Pension Trust had a balance of $17.2 million, a decrease of $0.3 million from the prior quarter due to a contribution of $2.0 million, offset by losses of $2.3 million. City Council approved a $2.0 million contribution to the Pension Trust as part of the FY 2021-22 Mid-Year Financial Report, bringing total contributions since inception to $16.0 million. The Section 115 OPEB Trust had a balance of $31.3 million, a decrease of $4.7 million from the end of the prior quarter. The quarterly investment returns for the Section 115 Trusts were -13.0%.

Analysis
The City compares its portfolio to LAIF and one-year and two-year Treasury yields. Yield comparisons for the one-year Treasury, two-year Treasury, LAIF, and City average are presented below:
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7 In June, yields rose, and the yield curve flattened. As of June 30, 2022, the one-year and two-year Treasury yield was 2.80% and 2.92%, respectively. The one-year Treasury yield increased by 117 basis points, and the two-year Treasury yield increased by 64 basis points from March 31, 2022. The City's yields were higher than LAIF and one-year and two-year Treasury yields.

Cash Flow History
Historical revenues, expenditures, and liquidity ratios are presented below:
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8 As the City's portfolio becomes more or less liquid over time, the ratio of cash and cash equivalents to revenues and expenditures will increase or decrease, respectively. The portfolio's investment structure is complete, so the City anticipates the ratio of cash and cash equivalents to revenues and expenditures to continue to flatten out moving forward.

While a formal liquidity level has not been established, significant and consistent fluctuations in the ratio may indicate that additional funds should be invested or, conversely, that investments should be liquidated. In recent years, sufficient liquidity levels for operating revenues and expenditures have approximated a ratio of 1.0.

As of June 30, 2022, the liquidity ratio was 1.95 and 2.33 for revenues and expenditures, respectively. The City will monitor inflows and outflows during the first quarter of FY 2022-23 and bring recommendations for the City's investment portfolio as necessary and applicable.

As of June 30, 2022, the City had $53.3 million in cash and cash equivalents in the bank and on hand. Based on the cash flow forecast, the City maintains the ability to meet its expenditure requirements for the next six months.

Cash Flow Forecast
Applying three-year historical trend data for each of the City's revenue and expenditure line items to the FY 2022-23 Adopted Budget, the City estimated the following cash flow forecast for FY 2022-23:
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10 The purpose of this cash flow and liquidity forecast is to illustrate the timing of the City's revenues and expenditures throughout a fiscal year using historical trend data. The first quarter of the fiscal year experiences expenditures exceeding revenues since the City begins receiving its property tax distributions in November and April of the respective fiscal year. In January and April, the City receives additional property tax revenues due to the Vehicle License Fee (VLF) swap. In June, the City tends to experience higher activities, particularly expenditures, due to the year-end close and accrual process. From one fiscal year to the next, the City typically incurs one-time special project or capital expenditure costs. The timing of these costs is more difficult to pinpoint to a particular month.

From a cash flow analysis perspective, the Adopted and Amended Budgets are efficient planning tools for determining cash flow needs for a single fiscal year. If a budget is adopted at a position in which revenues and expenditures are balanced, then it is reasonable to conclude cash flow is unlikely to be of concern. Beyond one fiscal year, a City prepares a twenty-year forward-looking forecast using historical and prospective assumptions. This forecast model is incorporated and presented to the City Council as part of the City's Adopted Budget.

Compliance
All of the City's investments comply with state law and the City's Investment Policy. In compliance with California Government Code 53646 (b)(3), the City maintains the ability to meet its expenditure requirements for the next six months. 912
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11 Sustainability Impact
No sustainability impact.

Fiscal Impact
No fiscal impact.
_____________________________________
Prepared by: __________________
Thomas Leung
Acting Finance Manager
Reviewed by: __________________
Kristina Alfaro
Director of Administrative Services and City Treasurer
Approved for Submission by: __________________
Dianne Thompson
Acting City Manager
Attachments:

A – Chandler Investment Report June 2022
B – Chandler Custodial Statement June 2022
C – PARS Pension and OPEB Account Statement June 2022
D – US Bank Pension and OPEB Performance Report for Quarter Ending June 30, 2022 E – LAIF Account Statement June 2022
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CHANDLER ASSET MANAGEMENT, INC. | 800.317.4747 | www.chandlerasset.com

INVESTMENT REPORT
Period Ending June 30, 2022
City of Cupertino
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SECTION 1 Economic Update
SECTION 2 Account Profile
SECTION 3 Portfolio Holdings
SECTION 4 Transactions
Table of Contents As of June 30, 2022
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SECTION | Section 1 | Economic Update
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Economic Update



Financial markets are experiencing heightened volatility and tighter conditions as central banks employ more restrictive monetary policies to combat persistent inflation. The conflict between Russia and Ukraine has exacerbated inflationary pressures, particularly with energy and commodities, and strict COVID lockdowns in China are intensifying distressed supply chains. Inflation is weighing heavily on consumer sentiment and beginning to impact discretionary spending. Labor markets remain strong, but wage gains are not keeping up with inflation. While we expect the Fed to continue to tighten monetary policy, the FOMC has very little margin for error as it attempts to combat inflation without pushing the economy into a recession. We continue to believe the risk of an economic slowdown later this year has increased. Over the nearterm, we expect financial market volatility to remain intensified and conditions to remain tighter with persistent inflation, geopolitical risk, supply chain bottlenecks, and the Fed's shift to a more hawkish monetary policy.

At the June meeting, persistently high inflation led the Federal Open Market Committee (FOMC) to announce a 0.75% federal funds rate increase to 1.50% - 1.75%. Federal Reserve Chair Powell indicated the committee may raise rates by 50 or 75 bps at the July meeting and continue to tighten as needed to dampen inflation. The Fed will continue shrinking its $9 trillion balance sheet by $47 billion per month as of June, increasing to $95 billion in September. We anticipate additional rates hikes as the Fed remains “committed” to the 2% long-term inflation target. In the second half of the year, monetary policy will be dependent on how the economy responds to tighter conditions.

In June, yields rose, and the curve flattened. The 2-year Treasury yield soared 40 basis points to 2.96%, the 5-year Treasury yield increased 22 basis points to 3.04%, and the 10-year Treasury yield rose 17 basis points to 3.02%. The spread between the 2-year and 10-year Treasury yield fell to 6 basis points at June month-end, down from 29 basis points at May month-end, and down significantly from 122 basis points one year ago. The spread between 3-month and 10-year treasuries is wider at about 135 basis points but continues to compress with each Fed rate hike. The shape of the curve bears watching but does not indicate a high probability of an imminent recession. 3 917
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Source: US Department of Labor Source: US Department of Labor Employment
The U.S. economy added 372,000 jobs in June, and job gains in May were revised down to 384,000 from 390,000. Trends in employment remain strong, with the three-month moving average payrolls at 375,000 and the six-month moving average at 457,000. Hiring was led by education and health services, followed by professional and business services, and leisure and hospitality. The unemployment rate remained unchanged at 3.6% for the fourth month, and the U-6 underemployment rate, which includes those who are marginally attached to the labor force and employed part time for economic reasons, declined to a seasonally adjusted 6.7% rate. Average hourly earnings rose 5.1% year-over-year in June, easing from a revised 5.3% year-over-year gain in May, which reflects a continuing, slow deceleration in wage growth that could help ease broad cyclical price pressures. The labor participation rate decreased to 62.2% from 62.3%, suggesting a slower pace for workers returning to the labor market despite higher wages.
-5,000
-4,000
-3,000
-2,000
-1,000
0 1,000
2,000
3,000
4,000
5,000
MOM Change In (000's)
Nonfarm Payroll (000's)
Non-farm Payroll (000's)
3 month average (000's)

0.0%

4.0%

8.0%

12.0%

16.0%

20.0%

24.0%
Unemployment Rate
Underemployment Rate (U6)
Unemployment Rate (U3)
Rate (%)
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Source: US Department of Labor Source: US Department of Commerce Inflation
The Consumer Price Index (CPI) hit a 40-year high in June with broad-based price increases for most goods and services. Headline CPI was up

9.1% year-over-year in June, surpassing expectations, up from 8.6% year-over-year in May. Core CPI (CPI less food and energy) was up 5.9% in June, down from 6.0% in May. Gasoline, shelter, and food were the largest contributors to the increase. The Personal Consumption Expenditures (PCE) index was up 6.3% year-over-year in May, unchanged from April. Core PCE was up 4.7% year-over-year in May, versus up

4.9% year-over-year in April. Persistently elevated levels of inflation are likely to keep the Federal Reserve on the path of tightening monetary policy as long as they continue to run well above the Fed’s longer-run target of around 2.0%.

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%
Personal Consumption Expenditures (PCE)
PCE Price Deflator YOY % Change
PCE Core Deflator YOY % Change
YOY( %) Change

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%
Consumer Price Index (CPI)
CPI YOY % Change
Core CPI YOY % Change
YOY( %) Change
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Retail sales rose 1.0% in June from an upwardly revised -0.1% in May, led by a significant dollar value increase in gasoline sales. The higherthan-expected results indicate consumer demand is holding up more than expected despite inflation. Retail sales growth is at risk as consumers dip into savings and assume more debt. On a year-over-year basis, retail sales were up 8.4% in June versus up 8.2% revised in May.

The Consumer Confidence index fell to 98.7 in June from a downwardly revised 103.2 in May. U.S. consumer savings rates are declining, and the wealth effect is waning from recent financial market declines. While the average consumer still has capacity to spend from accumulated savings, higher wages, and credit lines, consumer balance sheets and discretionary spending decisions are increasingly pressured by elevated gas, food, and shelter costs.

Source: US Department of Commerce Source: The Conference Board

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%
Retail Sales YOY % Change
YOY (%) Change
80 90
100
110
120
130
140
Index Level
Consumer Confidence
Consumer
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Source: The Conference Board Source: Federal Reserve Bank of Chicago Economic Activity
The Conference Board’s Leading Economic Index (LEI) decreased 0.4% month-over-month in May, following a 0.4% decline in April. On a yearover-year basis, the LEI was up 3.0% in May versus up 4.4% in April. The May monthly decline was fueled by tumbling stock prices, a slowdown in housing construction, and gloomier expectations. The index remains near historical highs, but the decline suggests weaker economic activity is likely in near term. Likewise, the Chicago Fed National Activity Index (CFNAI) fell to +0.01 in May after a downwardly revised 0.40 in April. On a 3-month moving average basis, the CFNAI decreased to 0.20 in May from 0.40 in April. -8.00
-6.00
-4.00
-2.00

0.00 2.00

4.00 6.00
Chicago Fed National Activity Index (CFNAI)
3 Month Average
-1.0%
-0.5%

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%
Leading Economic Indicators (LEI)
MOM ( %) Change
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Source: US Department of Commerce Source: S&P
Housing
0 200
400
600
800
1000
1200
1400
1600
1800
2000
MOM Change (In Thousands of Units)
Housing Starts
Multi Family Housing Starts
Single Family Housing Starts

0.0%

3.0%

6.0%

9.0%

12.0%

15.0%

18.0%

21.0%

24.0%
S&P/Case-Shiller 20 City Composite Home Price Index
YOY( %) Change
Total housing starts declined 14.4% to an annual rate of 1,549,000 in May, from a revised 1,810,000 in units in April. Single-family home starts fell by 9.2% and multi-family fell 23.7% month-over-month. On a year-over-year basis, total housing starts decreased 3.5%, driven by multifamily. According to the Case-Shiller 20-City home price index, home prices were up 21.2% in April versus 21.1% year-over-year in March, setting another new record. While tight supply has continued to support prices, rising mortgage rates and affordability could be headwinds to further price growth.
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Source: Institute for Supply Management Source: Federal Reserve Manufacturing
The Institute for Supply Management (ISM) manufacturing index dropped sharply to a two-year low of 53.0 in June from 56.1 in May. Readings above 50.0 are indicative of expansion in the manufacturing sector. The decline was primarily driven by weakness in new orders due to softening consumer demand, supply constraints, and labor shortages. On a month-over-month basis, the Industrial Production index declined

0.2% in June, following a revised 0.0% change in May. Capacity utilization declined to 80.0% in June, from an upwardly revised 80.3% in May bringing it in line with its longer run average.
40 42
44 46
48 50
52 54
56 58
60 62
64 66
Institute of Supply Management Purchasing Manager Index

EXPANDING

CONTRACTING
-20.0%
-15.0%
-10.0%
-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%
Industrial Production
YOY( %) Change
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Source: US Department of Commerce Source: US Department of Commerce 6/21 9/21 12/21 3/22

7.9% 1.4% 1.8% 1.2%
-0.7% 2.1% 5.8% 0.9%
-0.2% -1.3% -0.2% -3.2%
-0.4% -0.4% -0.3% -0.5%

0.0% 0.5% -0.2% -0.1%

6.7% 2.3% 6.9% -1.6%
Gross Private Domestic Investment
Personal Consumption Expenditures
Components of GDP
Federal Government Expenditures
State and Local (Consumption and Gross
Investment)
Net Exports and Imports
Total
-35.0%
-30.0%
-25.0%
-20.0%
-15.0%
-10.0%
-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%
Gross Domestic Product (GDP)
GDP QOQ % Change
GDP YOY % Change
Gross Domestic Product (GDP)
According to the third estimate, first quarter 2022 GDP contracted at an annualized rate of 1.6%, revised down from the second estimate of a

1.5% decline, and following fourth quarter 2021 growth of 6.9%. The most significant contributors to the decline were a widening of the trade deficit and slower inventory build. Personal consumption expenditures increased at a healthy pace with strong positive revisions to the previous reading, reflecting a shift in consumer demand from goods to services. The consensus estimate calls for 1.0% growth in the second quarter, 1.8% growth in the current quarter and 2.1% growth for 2022. 10 924
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Federal Reserve
Source: Federal Reserve Source: Bloomberg
At the June meeting, persistently high inflation led the Federal Open Market Committee (FOMC) to announce a 0.75% federal funds rate increase to 1.50% - 1.75%. Federal Reserve Chair Powell indicated the committee may raise rates by 50 or 75 bps at the July meeting and continue to tighten as needed to dampen inflation. Dot plot projections rose significantly from March, with the median fed funds target rate at

3.4% by the end of this year and 3.8% in 2023. The Fed will continue shrinking its $9 trillion balance sheet by $47 billion per month beginning this month, increasing to $95 billion in September. We anticipate additional rates hikes as the Fed remains “committed” to the 2% long-term inflation target. Although the FOMC views the economy as strong, the committee downgraded their economic outlook as trends cool later this year from tightening conditions.

0.00%

0.25%

0.50%

0.75%

1.00%

1.25%

1.50%

1.75%

2.00%

2.25%

2.50%

2.75%
Effective Federal Funds Rate
Yield (%)
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
Federal Reserve Balance Sheet Assets
In $ millions
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Source: Bloomberg Source: Bloomberg

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%
US Treasury Note Yields
2-Year
5-Year
10-Year
Yield (%)

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%
US Treasury Yield Curve
Jun-22
Mar-22
Jun-21
Yield (%)
Bond Yields
At the end of June, the 2-year Treasury yield was 271 basis points higher, and the 10-Year Treasury yield was about 155 basis points higher, yearover-year. The spread between the 2-year Treasury yield and 10-year Treasury yield fell to 6 basis points at June month-end, down from 29 basis points at May month-end, which is narrow compared to the average historical spread (since 2003) of about 130 basis points. The spread between 3-month and 10-year treasuries is wider at about 135 basis points but continues to compress with each Fed rate hike. The shape of the curve bears watching but does not indicate a high probability of an imminent recession. 12 926
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Section 2| SECTION | Section 2 | Account Profile
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Objectives
Chandler Asset Management Performance Objective
The performance objective for the portfolio is to earn a total rate of return through a market cycle that is equal to or above the return on the benchmark index.

Investment Objectives
The City of Cupertino’s investment objectives, in order of priority, are to provide safety to ensure the preservation of capital in the overall portfolio, provide sufficient liquidity for cash needs and a market rate of return consistent with the investment program.

Strategy
In order to achieve these objectives, the portfolio invests in high quality fixed incomes securities consistent with the investment policy and California Government Code.

As of June 30, 2022
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Compliance As of June 30, 2022
Category Standard Comment
Treasury Issues No Limitation Complies
Agency Issues 25% per Agency/GSE issuer; 20% max agency callable securities; Issued by Federal Agencies or U.S. Government Sponsored Enterprise obligations. Complies
Supranational "AA" rating category or better by a NRSRO; 30% maximum; 10% max per issuer; USD denominated senior unsecured unsubordinated obligations issued or unconditionally guaranteed by IBRD, IFC, or IADB. Complies Municipal Securities
"A" rating category or better by a NRSRO; 30% maximum; 5% max per issuer; Obligations of the City, State of California, and any local agency within the State of California; Obligations of any of the other 49 states in addition to California, including bonds payable solely out of the revenues from a revenue-producing property owned, controlled, or operated by a state or by a department, board, agency, or authority of any of the other 49 states in addition to California.

Complies
Corporate Medium Term Notes "A" rating category or better by a NRSRO; 30% maximum; 5% max per issuer; Issued by corporations organized and operating within the U.S. or by depository institutions licensed by the U.S. or any state and operating within the U.S. Complies Asset Backed/ Mortgage Backed/
Collateralized Mortgage Obligation
"AA" rating category or better by a NRSRO; 20% maximum; 5% max per issuer on Asset-Backed or Commercial Mortgage security; There is no issuer limitation on any Mortgage security where the issuer is the U.S. Treasury or a Federal Agency/GSE .

Complies
Negotiable Certificates of Deposit (NCDs)
No rating required if amount of the NCD is insured up to the FDIC limit; If above FDIC insured limit, requires "A-1" shortterm rated or "A" long-term rating category or better by a NRSRO; 30% maximum; 5% max per issuer; Issued by nationally or state chartered banks, state or federal savings associations, or state or federal credit unions, or by a federally licensed or state-licensed branch of a foreign bank.

Complies
Certificates of Deposit (CDs)/Time
Deposit (TDs)
30% maximum; 5% max per issuer; Certificates of Deposit, Time Deposit, non-negotiable, and collateralized in accordance with California Government Code. Complies
Banker’s Acceptances "A-1" short-term rated or better by a NRSRO; or "A" long-term rating category or better by a NRSRO; 40% maximum; 5% max per issuer; 180 days max maturity Complies
Commercial Paper
"A-1" short term rated or better a NRSRO; "A" long-term issuer rating category or better by a NRSRO; 25% maximum; 5% max per issuer; 270 days max maturity; Issued by corporations organized and operating in the U.S. with assets > $500 million; 10% max outstanding paper of the issuing corporation.

Complies
Money Market Funds
20% maximum; Daily money market funds administered for or by trustees, paying agents and custodian banks contracted by a City of Cupertino as allowed under California Government Code; Only funds holding U.S. Treasury obligations, Government agency obligations or repurchase agreements collateralized by U.S. Treasury or Government agency obligations can be utilized.

Complies
Local Agency Investment Fund (LAIF) Maximum amount permitted by LAIF; Not used by investment adviser Complies City of Cupertino
Assets managed by Chandler Asset Management are in full compliance with state law and with the City's investment policy. 15 929
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Compliance As of June 30, 2022
Category Standard Comment
Repurchase Agreements 1 year max maturity; 102% collateralized; A PSA Master Repurchase Agreement is required between City of Cupertino and the broke/dealer or financial institution for all repurchase agreements; Not used by investment adviser Complies Prohibited Securities
Reverse Repurchase Agreement; Common stocks; Long-term (> 5 years maturity) notes and bonds; Special circumstances arise that necessitate purchase of securities beyond the 5-year limitation. On such occasions, request must be approved by City Council prior to purchase; Futures/Options; Inverse floaters; Ranges notes, Mortgage-derived, Interest-only strips; Zero interest accrual securities; Purchasing/selling securities on margin; Foreign currency denominated securities.

Complies
Minimum Budgeted Operating
Expenditures in Short Term Investments
Minimum 6 months of budgeted operating expenditures in short term investments to provide sufficient liquidity for expected disbursements Complies
Max Per Issuer 5% per issuer, unless otherwise specified in the policy Complies Maximum maturity 5 years Complies
City of Cupertino
Assets managed by Chandler Asset Management are in full compliance with state law and with the City's investment policy. 16 930
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Portfolio Characteristics
City of Cupertino
06/30/22 03/31/22
Benchmark* Portfolio Portfolio
Average Maturity (yrs) 2.61 2.74 2.81
Average Modified Duration 2.51 2.39 2.49
Average Purchase Yield n/a 1.41% 1.31%
Average Market Yield 2.98% 3.25% 2.43%
Average Quality** AAA AA+/Aa1 AA+/Aa1
Total Market Value 148,744,657 150,202,612
*ICE BofA 1-5 Yr US Treasury & Agency Index
**Benchmark is a blended rating of S&P, Moody’s, and Fitch. Portfolio is S&P and Moody’s respectively.

As of June 30, 2022
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City of Cupertino
Sector Distribution
ABS

13.5%
Agency

22.0%
CMO

5.3%
Corporate

26.7%
Money Market
Fund

0.8%
Municipal Bonds

0.5%
Supranational

7.8%
US Treasury

23.3%
June 30, 2022 March 31, 2022
ABS

12.7%
Agency

22.4%
CMO

5.3% Corporate

26.1%
Money Market
Fund

1.8%
Municipal Bonds

0.5%
Supranational

8.2%
US Treasury

22.7%
Negotiable CD

0.2%
As of June 30, 2022
18 932
CC 08-16-2022
932 of 1555
Duration Allocation As of June 30, 2022
City of Cupertino
0 - 0.25 0.25 - 0.50 0.50 - 1 1 - 2 2 - 3 3 - 4 4 - 5 5+ 06/30/22 1.1% 0.8% 6.0% 31.8% 30.6% 24.1% 5.7% 0.0%
0%
5%
10%
15%
20%
25%
30%
35%
0 - 0.25 Years 0.25 - 0.5 Years 0.5 - 1 Years 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years 5+ Years ABS
Agency
CMO
Corporate
Money Market Fund
Municipal Bonds
Supranational
US Treasury
19 933
CC 08-16-2022
933 of 1555
Portfolio Allocation & Duration Changes
City of Cupertino
As of June 30, 2022
Benchmark: ICE BofA 1-5 Yr US Treasury & Agency Index

95.6%

98.6% 100.8% 99.3%

96.2%

98.4%

97.5%
100.0%

80.0%

85.0%

90.0%

95.0%
100.0%
105.0%
110.0%
09/30/20 12/31/20 03/31/21 06/30/21 09/30/21 12/31/21 03/31/22 06/30/22 Duration as a % of the Benchmark

0.2%

0.5%

1.8%

5.3%

8.2%

12.7%

22.4%

22.7%

26.1%

0.0%

0.5%

0.9%

5.3%

7.8%

13.5%

22.0%

23.3%

26.7%
Negotiable CD
Municipal Bonds
Money Market
Fund
CMO
Supranational
ABS
Agency
US Treasury
Corporate
Portfolio Allocation
06/30/22
03/31/22
20 934
CC 08-16-2022
934 of 1555
Issue Name Investment Type % Portfolio
Government of United States US Treasury 23.33%
Federal National Mortgage Association Agency 9.98%
Federal Home Loan Bank Agency 6.15%
Federal Home Loan Mortgage Corp Agency 5.89%
Federal Home Loan Mortgage Corp CMO 5.30%
Inter-American Dev Bank Supranational 3.34%
International Finance Corp Supranational 2.95%
American Express ABS ABS 1.93%
Hyundai Auto Receivables ABS 1.85%
Royal Bank of Canada Corporate 1.70%
Bank of America Corp Corporate 1.62%
Toyota Motor Corp Corporate 1.62%
Bank of New York Corporate 1.59%
JP Morgan Chase & Co Corporate 1.53%
Honda ABS ABS 1.49%
Intl Bank Recon and Development Supranational 1.48%
Toronto Dominion Holdings Corporate 1.44%
Paccar Financial Corporate 1.26%
GM Financial Automobile Leasing Trust ABS 1.25%
Toyota ABS ABS 1.24%
Toyota Lease Owner Trust ABS 1.21%
Bank of Montreal Chicago Corporate 1.17%
Metlife Inc Corporate 1.15%
Amazon.com Inc Corporate 1.15%
Air Products & Chemicals Corporate 1.14%
Salesforce.com Inc Corporate 1.12%
Prudential Financial Inc Corporate 1.12%
United Health Group Inc Corporate 1.09%
New York Life Global Funding Corporate 1.07%
Berkshire Hathaway Corporate 1.03%
John Deere ABS ABS 0.95%
Hyundai Auto Lease Securitization ABS 0.87%
Wells Fargo 100% Treasury MMKT Fund Money Market Fund 0.85% Guardian Life Global Funding Corporate 0.85%
US Bancorp Corporate 0.83%
Caterpillar Inc Corporate 0.72%
GM Financial Securitized Term Auto Trust ABS 0.67%
Deere & Company Corporate 0.67%
Issuers
City of Cupertino – Account #10659
As of June 30, 2022
21 935
CC 08-16-2022
935 of 1555
Issue Name Investment Type % Portfolio
Verizon Owner Trust ABS 0.65%
Mass Mutual Insurance Corporate 0.61%
Charles Schwab Corp/The Corporate 0.61%
BMW Vehicle Lease Trust ABS 0.57%
Northwestern Mutual Glbl Corporate 0.52%
State of California Municipal Bonds 0.50%
Northern Trust Corp Corporate 0.46%
Morgan Stanley Corporate 0.41%
BMW ABS ABS 0.35%
Nissan ABS ABS 0.32%
Wal-Mart Stores Corporate 0.21%
Mercedes-Benz Auto Lease Trust ABS 0.18%
TOTAL 100.00%
Issuers
City of Cupertino – Account #10659
As of June 30, 2022
22 936
CC 08-16-2022
936 of 1555
AAA AA A <A NR
06/30/22 18.4% 53.6% 19.0% 0.0% 9.0%
03/31/22 18.8% 54.5% 17.4% 0.0% 9.3%
Source: S&P Ratings
June 30, 2022 vs. March 31, 2022

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%
AAA AA A <A NR
06/30/22 03/31/22
Quality Distribution
City of Cupertino
As of June 30, 2022
23 937
CC 08-16-2022
937 of 1555
12-Month Earnings
Investment Performance
City of Cupertino
As of June 30, 2022
Source: City Cupertino Monthly Investment Report. Interest earnings include accrued interest and realized gains and losses on amortized cost.

Investment Earnings
July 2021 183,692
August 2021 157,972
September 2021 159,892
October 2021 151,138
November 2021 176,398
December 2021 149,494
January 2022 160,604
February 2022 161,702
March 2022 167,198
April 2022 196,298
May 2022 176,436
June 2022 162,140
Total 2,002,963
Change in Fair Value
Unrealized Gain/Loss Position 6/30/2021 2,050,499
Unrealized Gain/Loss Position 6/30/2022 (6,858,172)
Change in Fair Value (8,908,672)
24 938
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938 of 1555
Total Rate of Return Annualized Since Inception January 31, 2019 Total rate of return: A measure of a portfolio’s performance over time. It is the internal rate of return, which equates the beginning value of the portfolio with the ending value; it includes interest earnings, realized and unrealized gains and losses in the portfolio.

Investment Performance
City of Cupertino
-6.00%
-5.00%
-4.00%
-3.00%
-2.00%
-1.00%

0.00%

1.00%

2.00%
12 months 2 years 3 years 5 years 10 years Since Inception City of Cupertino Gross of Fees ICE BofA 1-5 Yr US Treasury & Agency Index City of Cupertino Net of Fees Annualized
TOTAL RATE OF RETURN 3 months 12 months 2 years 3 years 5 years 10 years Since Inception
City of Cupertino Gross of Fees -0.94% -4.71% -2.22% 0.32% N/A N/A 0.85% ICE BofA 1-5 Yr US Treasury & Agency Index -0.81% -4.60% -2.45% 0.04% N/A N/A 0.82% City of Cupertino Net of Fees -0.95% -4.76% -2.28% 0.25% N/A N/A 0.78% As of June 30, 2022
25 939
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939 of 1555
Purchase Yield as of 06/30/22 = 1.41%

0.00 0.50

1.00 1.50

2.00 2.50
Percent (%)
Historical Average Purchase Yield
City of Cupertino
As of June 30, 2022
26 940
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940 of 1555
SECTION | Section 3 | Portfolio Holdings
27 941
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941 of 1555
Holdings Report
City of Cupertino - Account #10659
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
43815NAC8 Honda Auto Receivables Trust 2019-3 A3

1.780% Due 08/15/2023
199,336.03 Various

1.93%
199,000.94
199,311.91

99.90 2.37%
199,141.08
157.69

0.13%
(170.83)
Aaa / AAA
NR

1.13 0.17
58769EAC2 Mercedes-Benz Auto Lease Trust 2020-B A3

0.400% Due 11/15/2023
272,540.50 09/15/2020

0.40%
272,526.68
272,537.26

99.33 2.65%
270,716.39

48.45 0.18%
(1,820.87)

NR / AAA
AAA

1.38 0.30
477870AC3 John Deere Owner Trust 2019-B A3

2.210% Due 12/15/2023
128,817.76 08/27/2019

1.79%
130,010.33
129,222.12

99.95 2.44%
128,759.14
126.53

0.09%
(462.98)
Aaa / NR
AAA

1.46 0.21
92348AAA3 Verizon Owner Trust 2019-C A1A

1.940% Due 04/22/2024
173,764.62 10/01/2019

1.95%
173,751.22
173,759.28

99.88 2.40%
173,558.88
103.00

0.12%
(200.40)

NR / AAA
AAA

1.81 0.26
89238EAC0 Toyota Lease Owner Trust 2021-A A3

0.390% Due 04/22/2024
700,000.00 03/23/2022

2.16%
686,000.00
688,522.06

97.83 3.35%
684,825.40

83.42 0.46%
(3,696.66)
Aaa / AAA
NR

1.81 0.73
44891VAC5 Hyundai Auto Lease Trust 2021-B A3

0.330% Due 06/17/2024
790,000.00 06/08/2021

0.34%
789,881.50
789,936.35

97.40 3.49%
769,475.01
115.87

0.52%
(20,461.34)
Aaa / AAA
NR

1.97 0.83
65479JAD5 Nissan Auto Receivables Owner 2019-C A3

1.930% Due 07/15/2024
472,049.18 Various

1.70%
474,390.93
473,179.12

99.70 2.98%
470,640.11
404.91

0.32%
(2,539.01)
Aaa / AAA
NR

2.04 0.29
43813DAC2 Honda Auto Receivables 2020-2 A3

0.820% Due 07/15/2024
103,485.10 05/18/2020

0.83%
103,476.96
103,481.08

98.83 3.23%
102,272.78

37.71 0.07%
(1,208.30)
Aaa / AAA
NR

2.04 0.48
47789KAC7 John Deere Owner Trust 2020-A A3

1.100% Due 08/15/2024
143,725.01 03/04/2020

1.11%
143,716.22
143,720.79

98.99 3.46%
142,270.80

70.27 0.10%
(1,449.99)
Aaa / NR
AAA

2.13 0.43
43813KAC6 Honda Auto Receivables Trust 2020-3 A3

0.370% Due 10/18/2024
480,194.03 09/22/2020

0.38%
480,123.49
480,162.92

98.19 3.38%
471,497.72

64.16 0.32%
(8,665.20)

NR / AAA
AAA

2.30 0.60
36262XAC8 GM Financial Auto Lease Trust 2021-3 A2

0.390% Due 10/21/2024
965,000.00 08/10/2021

0.39%
964,986.88
964,991.58

96.79 3.43%
934,009.03
115.00

0.63%
(30,982.55)

NR / AAA
AAA

2.31 1.07
47787NAC3 John Deere Owner Trust 2020-B A3

0.510% Due 11/15/2024
161,692.64 07/14/2020

0.52%
161,668.00
161,681.73

98.35 3.33%
159,027.46

36.65 0.11%
(2,654.27)
Aaa / NR
AAA

2.38 0.58
09690AAC7 BMW Vehicle Lease Trust 2021-2 A3

0.330% Due 12/26/2024
425,000.00 09/08/2021

0.34%
424,956.14
424,971.39

97.07 3.49%
412,544.53

23.38 0.28%
(12,426.86)
Aaa / NR
AAA

2.49 0.93
89236XAC0 Toyota Auto Receivables 2020-D A3

0.350% Due 01/15/2025
371,225.19 10/06/2020

0.36%
371,156.03
371,183.87

98.50 3.19%
365,664.24

57.75 0.25%
(5,519.63)

NR / AAA
AAA

2.55 0.53
44891WAC3 Hyundai Auto Lease Trust 2022-A A3

1.160% Due 01/15/2025
540,000.00 01/11/2022

1.16%
539,988.07
539,990.45

96.61 3.66%
521,674.56
278.40

0.35%
(18,315.89)
Aaa / AAA
NR

2.55 1.37
92290BAA9 Verizon Owner Trust 2020-B A

0.470% Due 02/20/2025
800,000.00 08/04/2020

0.48%
799,832.00
799,901.92

98.43 3.17%
787,412.80
114.89

0.53%
(12,489.12)
Aaa / NR
AAA

2.65 0.58
89238LAC4 Toyota Lease Owner Trust 2022-A A3

1.960% Due 02/20/2025
1,150,000.00 02/23/2022

1.98%
1,149,818.99
1,149,845.40

97.47 3.55%
1,120,864.75
688.72

0.75%
(28,980.65)

NR / AAA
AAA

2.65 1.61
As of June 30, 2022
28 942
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942 of 1555
Holdings Report
City of Cupertino - Account #10659
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
36265MAC9 GM Financial Auto Lease Trust 2022-1 A3

1.900% Due 03/20/2025
945,000.00 02/15/2022

1.91%
944,991.87
944,993.19

97.35 3.70%
919,922.54
548.63

0.62%
(25,070.65)
Aaa / NR
AAA

2.72 1.50
05601XAC3 BMW Vehicle Lease Trust 2022-1 A3

1.100% Due 03/25/2025
450,000.00 01/11/2022

1.11%
449,932.73
449,946.51

96.55 3.84%
434,472.75

82.50 0.29%
(15,473.76)

NR / AAA
AAA

2.74 1.27
43813GAC5 Honda Auto Receivables Trust 2021-1 A3

0.270% Due 04/21/2025
295,000.00 02/17/2021

0.27%
294,994.60
294,996.97

97.62 3.54%
287,989.33

22.13 0.19%
(7,007.64)
Aaa / NR
AAA

2.81 0.73
89240BAC2 Toyota Auto Receivables Owners 2021-A A3

0.260% Due 05/15/2025
1,090,000.00 02/02/2021

0.27%
1,089,797.70
1,089,888.57

97.65 3.47%
1,064,362.11
125.96

0.72%
(25,526.46)
Aaa / NR
AAA

2.88 0.73
44933LAC7 Hyundai Auto Receivables Trust 2021-A A3

0.380% Due 09/15/2025
515,000.00 04/20/2021

0.38%
514,945.82
514,966.70

96.59 3.80%
497,434.38

86.98 0.33%
(17,532.32)

NR / AAA
AAA

3.21 1.00
43815GAC3 Honda Auto Receivables Trust 2021-4 A3

0.880% Due 01/21/2026
460,000.00 11/16/2021

0.89%
459,903.03
459,920.95

95.37 3.78%
438,717.18
112.44

0.30%
(21,203.77)
Aaa / NR
AAA

3.56 1.62
47789QAC4 John Deere Owner Trust 2021-B A3

0.520% Due 03/16/2026
580,000.00 07/13/2021

0.52%
579,948.26
579,961.65

94.89 3.90%
550,381.14
134.04

0.37%
(29,580.51)
Aaa / NR
AAA

3.71 1.53
89238JAC9 Toyota Auto Receivables Trust 2021-D A3

0.710% Due 04/15/2026
430,000.00 11/09/2021

0.71%
429,990.84
429,992.60

95.28 3.79%
409,713.89
135.69

0.28%
(20,278.71)

NR / AAA
AAA

3.79 1.56
43815BAC4 Honda Auto Receivables Trust 2022-1 A3

1.880% Due 05/15/2026
740,000.00 02/15/2022

1.89%
739,888.70
739,900.80

96.81 3.55%
716,370.32
618.31

0.48%
(23,530.48)
Aaa / AAA
NR

3.88 1.94
44935FAD6 Hyundai Auto Receivables Trust 2021-C A3

0.740% Due 05/15/2026
1,330,000.00 Various

2.02%
1,296,371.65
1,299,676.37

95.56 3.57%
1,270,884.16
437.42

0.85%
(28,792.21)

NR / AAA
AAA

3.88 1.59
05602RAD3 BMW Vehicle Owner Trust 2022-A A3

3.210% Due 08/25/2026
530,000.00 05/10/2022

3.23%
529,972.44
529,973.51

98.96 4.46%
524,480.05
283.55

0.35%
(5,493.46)
Aaa / AAA
NR

4.16 0.85
362554AC1 GM Financial Securitized Term 2021-4 A3

0.680% Due 09/16/2026
350,000.00 10/13/2021

0.68%
349,991.08
349,992.90

94.95 4.17%
332,308.20

99.17 0.22%
(17,684.70)
Aaa / AAA
NR

4.22 1.47
47787JAC2 John Deere Owner Trust 2022-A A3

2.320% Due 09/16/2026
450,000.00 03/10/2022

2.34%
449,900.46
449,908.79

97.45 3.74%
438,538.05
464.00

0.30%
(11,370.74)
Aaa / NR
AAA

4.22 1.82
448977AD0 Hyundai Auto Receivables Trust 2022-A A3

2.220% Due 10/15/2026
1,010,000.00 03/09/2022

2.23%
1,009,961.12
1,009,964.62

96.92 3.83%
978,893.02
996.53

0.66%
(31,071.60)

NR / AAA
AAA

4.30 1.95
380146AC4 GM Financial Auto Receivables 2022-1 A3

1.260% Due 11/16/2026
295,000.00 01/11/2022

1.27%
294,974.36
294,977.81

95.68 4.09%
282,247.15
154.88

0.19%
(12,730.66)

NR / AAA
AAA

4.38 1.55
362585AC5 GM Financial Securitized ART 2022-2 A3

3.100% Due 02/16/2027
390,000.00 04/05/2022

3.13%
389,918.49
389,923.63

99.09 3.60%
386,467.77
503.75

0.26%
(3,455.86)
Aaa / AAA
NR

4.64 1.90
02589BAA8 American Express Credit Accoun 22-1 A

2.210% Due 03/15/2027
1,545,000.00 03/21/2022

2.69%
1,524,359.77
1,526,256.85

96.71 3.52%
1,494,172.59
1,517.53

1.01%
(32,084.26)
Aaa / NR
AAA

4.71 2.57
As of June 30, 2022
29 943
CC 08-16-2022
943 of 1555
Holdings Report
City of Cupertino - Account #10659
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
02582JJT8 American Express Credit Trust 2022-2 A

3.390% Due 05/17/2027
1,375,000.00 05/17/2022

3.42%
1,374,695.85
1,374,706.48

99.89 3.46%
1,373,420.13
2,071.67

0.92%
(1,286.35)

NR / AAA
AAA

4.88 2.68
TOTAL ABS 20,656,830.06 1.54%
20,589,823.15
20,596,348.13 3.54%
20,115,129.44
10,921.98

13.53%
(481,218.69)
Aaa / AAA
Aaa

3.27 1.38
Agency
3137EAER6 FHLMC Note

0.375% Due 05/05/2023
1,350,000.00 05/05/2020

0.39%
1,349,433.00
1,349,840.22

97.91 2.89%
1,321,739.10
787.50

0.89%
(28,101.12)
Aaa / AA+
AAA

0.85 0.83
3130A3DL5 FHLB Note

2.375% Due 09/08/2023
2,000,000.00 09/06/2019

1.52%
2,066,320.00
2,019,714.30

99.41 2.88%
1,988,290.00
14,909.72

1.35%
(31,424.30)
Aaa / AA+
NR

1.19 1.15
3135G0U43 FNMA Note

2.875% Due 09/12/2023
1,500,000.00 06/21/2019

1.89%
1,559,805.00
1,516,998.44
100.04

2.84%
1,500,610.50
13,057.29

1.02%
(16,387.94)
Aaa / AA+
AAA

1.20 1.16
3137EAFA2 FHLMC Note

0.250% Due 12/04/2023
1,755,000.00 12/02/2020

0.28%
1,753,262.55
1,754,173.32

96.30 2.92%
1,689,987.78
329.06

1.14%
(64,185.54)
Aaa / AA+
AAA

1.43 1.41
3130A0F70 FHLB Note

3.375% Due 12/08/2023
2,100,000.00 Various

1.75%
2,222,418.00
2,147,330.31
100.57

2.97%
2,111,923.80
4,528.13

1.42%
(35,406.51)
Aaa / AA+
AAA

1.44 1.39
3130A0XE5 FHLB Note

3.250% Due 03/08/2024
1,500,000.00 03/28/2019

2.27%
1,568,115.00
1,523,233.02
100.50

2.94%
1,507,534.50
15,302.08

1.02%
(15,698.52)
Aaa / AA+
NR

1.69 1.62
3130A1XJ2 FHLB Note

2.875% Due 06/14/2024
1,500,000.00 06/18/2019

1.96%
1,564,890.20
1,525,428.98

99.72 3.02%
1,495,816.51
2,036.46

1.01%
(29,612.47)
Aaa / AA+
NR

1.96 1.88
3135G0V75 FNMA Note

1.750% Due 07/02/2024
1,500,000.00 07/16/2019

1.96%
1,484,895.00
1,493,897.98

97.82 2.88%
1,467,325.50
13,052.08

1.00%
(26,572.48)
Aaa / AA+
AAA

2.01 1.93
3130A2UW4 FHLB Note

2.875% Due 09/13/2024
2,000,000.00 09/13/2019

1.79%
2,103,380.00
2,045,625.49

99.67 3.03%
1,993,472.00
17,250.00

1.35%
(52,153.49)
Aaa / AA+
AAA

2.21 2.10
3135G0W66 FNMA Note

1.625% Due 10/15/2024
1,975,000.00 Various

1.73%
1,965,802.75
1,970,665.14

97.00 2.99%
1,915,669.03
6,775.35

1.29%
(54,996.11)
Aaa / AA+
AAA

2.30 2.22
3135G0X24 FNMA Note

1.625% Due 01/07/2025
1,295,000.00 Various

1.38%
1,309,953.95
1,302,830.48

96.64 3.02%
1,251,453.04
10,171.14

0.85%
(51,377.44)
Aaa / AA+
AAA

2.53 2.42
3137EAEP0 FHLMC Note

1.500% Due 02/12/2025
2,365,000.00 02/13/2020

1.52%
2,363,178.95
2,364,045.07

96.21 3.02%
2,275,276.63
13,697.29

1.54%
(88,768.44)
Aaa / AA+
AAA

2.62 2.52
3135G03U5 FNMA Note

0.625% Due 04/22/2025
1,860,000.00 04/22/2020

0.67%
1,856,168.40
1,857,844.73

93.60 3.02%
1,740,891.18
2,228.13

1.17%
(116,953.55)
Aaa / AA+
AAA

2.81 2.75
3135G04Z3 FNMA Note

0.500% Due 06/17/2025
2,500,000.00 Various

0.50%
2,499,227.30
2,499,666.87

92.85 3.04%
2,321,275.00
486.11

1.56%
(178,391.87)
Aaa / AA+
AAA

2.97 2.90
3137EAEU9 FHLMC Note

0.375% Due 07/21/2025
1,250,000.00 07/21/2020

0.48%
1,243,775.00
1,246,191.28

92.34 3.02%
1,154,220.00
2,083.33

0.78%
(91,971.28)
Aaa / AA+
AAA

3.06 2.99
As of June 30, 2022
30 944
CC 08-16-2022
944 of 1555
Holdings Report
City of Cupertino - Account #10659
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
3135G05X7 FNMA Note

0.375% Due 08/25/2025
2,500,000.00 Various

0.48%
2,487,983.75
2,492,198.84

91.94 3.08%
2,298,430.00
3,281.25

1.55%
(193,768.84)
Aaa / AA+
AAA

3.16 3.08
3137EAEX3 FHLMC Note

0.375% Due 09/23/2025
2,500,000.00 Various

0.46%
2,489,362.80
2,492,974.49

91.79 3.06%
2,294,862.50
2,552.08

1.54%
(198,111.99)
Aaa / AA+
AAA

3.24 3.16
3135G06G3 FNMA Note

0.500% Due 11/07/2025
2,500,000.00 Various

0.56%
2,492,700.00
2,495,087.81

91.91 3.06%
2,297,757.50
1,875.00

1.55%
(197,330.31)
Aaa / AA+
AAA

3.36 3.28
TOTAL Agency 33,950,000.00 1.15%
34,380,671.65
34,097,746.77 2.99%
32,626,534.57
124,402.00

22.02%
(1,471,212.20)
Aaa / AA+
Aaa

2.29 2.22
CMO
3137B4WB8 FHLMC K033 A2

3.060% Due 07/25/2023
1,000,000.00 08/13/2019

2.02%
1,037,656.25
1,010,179.49

99.87 3.00%
998,711.00
510.00

0.67%
(11,468.49)
Aaa / NR
NR

1.07 0.90
3137B5JM6 FHLMC K034 A2

3.531% Due 07/25/2023
1,000,000.00 09/26/2019

2.00%
1,053,867.19
1,015,042.60
100.20

3.09%
1,001,998.00
2,942.50

0.68%
(13,044.60)

NR / NR
AAA

1.07 0.93
3137B7MZ9 FHLMC K036 A2

3.527% Due 10/25/2023
1,000,000.00 08/19/2019

1.92%
1,061,914.06
1,019,528.30
100.15

3.22%
1,001,454.00
587.83

0.67%
(18,074.30)
Aaa / NR
AAA

1.32 1.13
3137BFE98 FHLMC K041 A2

3.171% Due 10/25/2024
1,300,000.00 07/01/2021

0.72%
1,398,414.06
1,368,523.50

99.53 3.32%
1,293,906.90
3,435.25

0.87%
(74,616.60)
Aaa / AAA
AAA

2.32 2.11
3137BLMZ8 FHLMC K049 A2

3.010% Due 07/25/2025
1,000,000.00 07/01/2021

0.87%
1,079,687.50
1,060,025.77

98.82 3.38%
988,241.33
2,508.33

0.67%
(71,784.44)

NR / NR
AAA

3.07 2.77
3137BLW95 FHLMC K050 A2

3.334% Due 08/25/2025
950,000.00 11/16/2021

1.17%
1,018,132.81
1,006,836.18

99.93 3.30%
949,336.90
2,639.42

0.64%
(57,499.28)

NR / NR
AAA

3.16 2.81
3137BM7C4 FHLMC K051 A2

3.308% Due 09/25/2025
440,000.00 03/15/2022

2.21%
453,079.69
451,992.30

99.86 3.30%
439,370.36
1,212.93

0.30%
(12,621.94)

NR / NR
AAA

3.24 2.89
3137BN6G4 FHLMC KO53

2.995% Due 12/25/2025
570,000.00 03/15/2022

2.29%
582,001.17
581,086.71

98.67 3.38%
562,438.95
1,422.63

0.38%
(18,647.76)

NR / NR
AAA

3.49 3.11
3137BSP72 FHLMC K058 A2

2.653% Due 08/25/2026
650,000.00 11/12/2021

1.35%
687,451.17
682,524.53

97.07 3.40%
630,954.35
1,437.04

0.43%
(51,570.18)

NR / NR
AAA

4.16 3.82
TOTAL CMO 7,910,000.00 1.51%
8,372,203.90
8,195,739.38 3.25%
7,866,411.79
16,695.93

5.30%
(329,327.59)
Aaa / AAA
Aaa

2.35 2.10
Corporate
24422EVN6 John Deere Capital Corp Note

0.450% Due 01/17/2024
1,030,000.00 03/01/2021

0.47%
1,029,268.70
1,029,606.12

95.94 3.16%
988,184.06
2,111.50

0.67%
(41,422.06)
A2 / A
A

1.55 1.52
As of June 30, 2022
31 945
CC 08-16-2022
945 of 1555
Holdings Report
City of Cupertino - Account #10659
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
06051GHF9 Bank of America Corp Callable Note 1X 3/5/2023

3.550% Due 03/05/2024
1,200,000.00 Various

2.69%
1,226,303.25
1,207,039.28

99.71 3.55%
1,196,493.60
13,726.67

0.81%
(10,545.68)
A2 / AAA1.68

1.60 89114QCA4 Toronto Dominion Bank Note

2.650% Due 06/12/2024
1,500,000.00 09/11/2019

2.24%
1,527,255.00
1,511,191.21

98.21 3.61%
1,473,199.50
2,097.92

0.99%
(37,991.71)
A1 / A
AA1.951.88
06367TQW3 Bank of Montreal Note

0.625% Due 07/09/2024
600,000.00 02/09/2022

1.89%
582,216.00
585,048.49

94.14 3.65%
564,866.40
1,791.67

0.38%
(20,182.09)
A2 / AAA2.03

1.97 79466LAG9 Salesforce.com Inc Callable Note Cont 7/15/2022

0.625% Due 07/15/2024
1,760,000.00 Various

0.87%
1,748,937.40
1,751,392.48

94.71 3.33%
1,666,920.64
5,072.23

1.12%
(84,471.84)
A2 / A+
NR

2.04 1.99
78013XZU5 Royal Bank of Canada Note

2.550% Due 07/16/2024
1,500,000.00 Various

1.98%
1,533,359.18
1,516,561.19

97.73 3.71%
1,465,897.50
17,531.26

1.00%
(50,663.69)
A1 / A
AA2.051.95
91159HHX1 US Bancorp Callable Note Cont 6/28/2024

2.400% Due 07/30/2024
1,250,000.00 10/10/2019

2.07%
1,268,262.50
1,257,738.71

97.63 3.59%
1,220,352.50
12,583.33

0.83%
(37,386.21)
A2 / A+
A+

2.08 1.99
009158AV8 Air Products & Chemicals Callable Note Cont 4/30/2024

3.350% Due 07/31/2024
1,675,000.00 08/07/2019

2.07%
1,771,212.00
1,712,291.90

99.80 3.45%
1,671,596.40
23,536.08

1.14%
(40,695.50)
A2 / A
NR

2.09 1.97
69371RR40 Paccar Financial Corp Note

0.500% Due 08/09/2024
680,000.00 08/03/2021

0.52%
679,632.80
679,742.02

94.15 3.40%
640,251.28
1,341.11

0.43%
(39,490.74)
A1 / A+
NR

2.11 2.06
69371RQ25 Paccar Financial Corp Note

2.150% Due 08/15/2024
370,000.00 08/08/2019

2.20%
369,182.30
369,652.69

97.31 3.47%
360,041.82
3,005.22

0.24%
(9,610.87)
A1 / A+
NR

2.13 2.04
14913Q3B3 Caterpillar Finl Service Note

2.150% Due 11/08/2024
1,100,000.00 01/28/2020

1.92%
1,111,517.00
1,105,685.86

97.10 3.44%
1,068,048.30
3,481.81

0.72%
(37,637.56)
A2 / A
A

2.36 2.26
74153WCQ0 Pricoa Global Funding Note

1.150% Due 12/06/2024
885,000.00 12/01/2021

1.19%
884,088.45
884,259.26

94.02 3.75%
832,037.18
706.77

0.56%
(52,222.08)
Aa3 / AAAA2.44

2.36 89114TZL9 Toronto-Dominion Bank Note

1.450% Due 01/10/2025
700,000.00 03/15/2022

2.79%
674,737.00
677,336.88

94.63 3.69%
662,429.60
4,764.86

0.45%
(14,907.28)
A1 / A
NR

2.53 2.43
89236TJT3 Toyota Motor Credit Corp Note

1.450% Due 01/13/2025
1,215,000.00 01/10/2022

1.50%
1,213,371.90
1,213,622.95

94.86 3.59%
1,152,567.23
8,221.50

0.78%
(61,055.72)
A1 / A+
A+

2.54 2.44
64952WEK5 New York Life Global Note

1.450% Due 01/14/2025
1,680,000.00 01/11/2022

1.49%
1,678,185.60
1,678,463.72

94.49 3.75%
1,587,410.16
11,300.33

1.07%
(91,053.56)
Aaa / AA+
AAA

2.55 2.44
69371RR73 Paccar Financial Corp Note

2.850% Due 04/07/2025
885,000.00 03/31/2022

2.86%
884,769.90
884,787.75

98.11 3.57%
868,246.95
5,885.25

0.59%
(16,540.80)
A1 / A+
NR

2.77 2.62
78016EZ59 Royal Bank of Canada Note

3.375% Due 04/14/2025
1,050,000.00 04/07/2022

3.39%
1,049,611.50
1,049,639.15

98.74 3.86%
1,036,722.75
7,579.69

0.70%
(12,916.40)
A1 / A
AA2.792.62
06406RBC0 Bank of NY Mellon Corp Callable Note Cont 3/25/2025

3.350% Due 04/25/2025
1,370,000.00 04/19/2022

3.35%
1,369,808.20
1,369,819.76

98.96 3.74%
1,355,741.04
8,286.60

0.92%
(14,078.72)
A1 / A
AA2.822.65
As of June 30, 2022
32 946
CC 08-16-2022
946 of 1555
Holdings Report
City of Cupertino - Account #10659
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
06367WB85 Bank of Montreal Note

1.850% Due 05/01/2025
1,240,000.00 07/23/2021

0.85%
1,285,656.80
1,274,392.13

94.88 3.77%
1,176,557.88
3,823.33

0.79%
(97,834.25)
A2 / AAA2.84

2.71 46647PCH7 JP Morgan Chase & Co Callable Note Cont 6/1/2024

0.824% Due 06/01/2025
1,370,000.00 05/24/2021

0.78%
1,371,773.90
1,371,134.59

93.53 3.60%
1,281,329.50
940.73

0.86%
(89,805.09)
A2 / AAA2.92

2.83 46647PCK0 JP Morgan Chase & Co Callable Note Cont 6/23/2024

0.969% Due 06/23/2025
655,000.00 Various

0.95%
655,406.85
655,268.63

93.51 3.66%
612,486.57
141.05

0.41%
(42,782.06)
A2 / AAA2.98

2.89 74153WCM9 Pricoa Global Funding Note

0.800% Due 09/01/2025
904,000.00 04/06/2022

3.26%
832,972.72
837,776.50

91.37 3.71%
825,954.06
2,410.67

0.56%
(11,822.44)
Aa3 / AAAA3.18

3.07 06406HCQ0 Bank of New York Callable Note Cont 10/18/2025

3.950% Due 11/18/2025
1,000,000.00 04/05/2022

3.20%
1,024,910.00
1,023,268.64

99.93 3.97%
999,301.00
4,718.06

0.67%
(23,967.64)
A1 / A
AA3.393.12
40139LBC6 Guardian Life Glob Fun Note

0.875% Due 12/10/2025
1,400,000.00 Various

1.12%
1,385,860.00
1,388,352.99

90.21 3.94%
1,262,983.40
714.58

0.85%
(125,369.59)
Aa2 / AA+
NR

3.45 3.33
66815L2A6 Northwestern Mutual Glbl Note

0.800% Due 01/14/2026
850,000.00 12/06/2021

1.47%
827,449.50
830,535.52

89.98 3.86%
764,813.85
3,154.44

0.52%
(65,721.67)
Aaa / AA+
AAA

3.55 3.41
06051GHY8 Bank of America Corp Callable Note Cont 2/13/2025

2.015% Due 02/13/2026
600,000.00 05/24/2021

1.05%
620,988.00
614,795.07

93.81 4.12%
562,840.80
4,634.50

0.38%
(51,954.27)
A2 / AAA3.63

3.40 46647PBK1 JP Morgan Chase & Co Callable Note Cont 4/22/2025

2.083% Due 04/22/2026
401,000.00 05/20/2021

1.11%
415,969.33
411,747.75

93.59 4.25%
375,299.11
1,600.96

0.25%
(36,448.64)
A2 / AAA3.81

3.58 6174468Q5 Morgan Stanley Callable Note Cont 4/28/2025

2.188% Due 04/28/2026
650,000.00 05/23/2022

3.98%
615,699.50
616,584.52

93.70 4.33%
609,044.80
2,488.85

0.41%
(7,539.72)
A1 / AA3.83

3.59 023135BX3 Amazon.com Inc Callable Note Cont 4/12/2026

1.000% Due 05/12/2026
1,875,000.00 05/10/2021

1.09%
1,866,900.00
1,868,740.91

91.02 3.50%
1,706,658.75
2,552.08

1.15%
(162,082.16)
A1 / AA
AA3.873.73
91324PEC2 United Health Group Inc Callable Note Cont 4/15/2026

1.150% Due 05/15/2026
1,035,000.00 Various

1.37%
1,025,051.35
1,026,256.50

90.77 3.73%
939,419.82
1,520.88

0.63%
(86,836.68)
A3 / A+
A

3.88 3.72
89236TJK2 Toyota Motor Credit Corp Note

1.125% Due 06/18/2026
1,385,000.00 06/15/2021

1.13%
1,384,390.60
1,384,516.75

90.43 3.74%
1,252,393.18
562.66

0.84%
(132,123.57)
A1 / A+
A+

3.97 3.81
06051GJD2 Bank of America Corp Callable Note Cont 6/19/2025

1.319% Due 06/19/2026
700,000.00 07/16/2021

1.27%
701,274.00
700,965.75

90.83 4.18%
635,789.70
307.77

0.43%
(65,176.05)
A2 / AAA3.97

3.79 57629WDE7 Mass Mutual Global funding Note

1.200% Due 07/16/2026
1,000,000.00 08/19/2021

1.15%
1,002,230.00
1,001,840.87

89.98 3.90%
899,761.00
5,500.00

0.61%
(102,079.87)
Aa3 / AA+
AA+

4.05 3.86
As of June 30, 2022
33 947
CC 08-16-2022
947 of 1555
Holdings Report
City of Cupertino - Account #10659
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
58989V2D5 Met Tower Global Funding Note

1.250% Due 09/14/2026
770,000.00 09/07/2021

1.27%
769,291.60
769,404.11

88.88 4.16%
684,389.09
2,860.76

0.46%
(85,015.02)
Aa3 / AAAA4.21

4.00 931142ER0 Wal-Mart Stores Callable Note Cont 08/17/2026

1.050% Due 09/17/2026
350,000.00 09/08/2021

1.09%
349,338.50
349,442.47

91.05 3.34%
318,691.45
1,061.67

0.21%
(30,751.02)
Aa2 / AA
AA

4.22 4.05
59217GER6 Metlife Note

1.875% Due 01/11/2027
1,115,000.00 01/03/2022

1.90%
1,113,728.90
1,113,847.94

90.87 4.10%
1,013,220.57
9,872.40

0.69%
(100,627.37)
Aa3 / AAAA4.54

4.23 808513BY0 Charles Schwab Corp Callable Note Cont 2/3/2027

2.450% Due 03/03/2027
960,000.00 03/01/2022

2.46%
959,729.90
959,747.32

93.40 4.01%
896,592.96
7,709.34

0.61%
(63,154.36)
A2 / A
A

4.68 4.31
084664CZ2 Berkshire Hathaway Callable Note Cont 2/15/2027

2.300% Due 03/15/2027
1,615,000.00 03/07/2022

2.30%
1,614,693.15
1,614,711.30

94.59 3.56%
1,527,662.42
10,937.14

1.03%
(87,048.88)
Aa2 / AA
A+

4.71 4.37
665859AW4 Northern Trust Company Callable Note Cont 4/10/2027

4.000% Due 05/10/2027
670,000.00 05/05/2022

4.04%
668,914.60
668,945.51
100.75

3.83%
674,992.84
3,796.67

0.46%
6,047.33
A2 / A+
A+

4.86 4.29
91324PEG3 United Health Group Inc Callable Note Cont 4/15/2027

3.700% Due 05/15/2027
675,000.00 05/17/2022

3.69%
675,316.70
675,309.39

99.56 3.80%
672,015.15
2,844.37

0.45%
(3,294.24)
A3 / A+
A

4.88 4.40
TOTAL Corporate 41,670,000.00 1.85%
41,769,264.58
41,641,464.58 3.70%
39,503,204.81
207,176.71

26.70%
(2,138,259.77)
A1 / A+
AA3.052.89
Money Market Fund
94975H270 Wells Fargo 100% Treasury Money Mkt Fund 1,264,193.62 Various

0.64%
1,264,193.62
1,264,193.62

1.00 0.64%
1,264,193.62

0.00 0.85%

0.00 Aaa / AAA
NR

0.00 0.00
TOTAL Money Market Fund 1,264,193.62 0.64%
1,264,193.62
1,264,193.62 0.64%
1,264,193.62

0.00 0.85%

0.00 Aaa / AAA
NR

0.00 0.00
Municipal Bonds
13063DRK6 California State Taxable GO

2.400% Due 10/01/2024
755,000.00 10/16/2019

1.91%
772,342.35
762,911.73

98.02 3.32%
740,066.10
4,530.00

0.50%
(22,845.63)
Aa2 / AAAA2.26

2.16 TOTAL Municipal Bonds 755,000.00 1.91%
772,342.35
762,911.73 3.32%
740,066.10
4,530.00

0.50%
(22,845.63)
Aa2 / AAAA2.26

2.16 Supranational
45950KCP3 International Finance Corp Note

2.875% Due 07/31/2023
2,050,000.00 07/01/2021

0.31%
2,158,137.50
2,106,575.25
100.03

2.84%
2,050,699.05
24,721.01

1.40%
(55,876.20)
Aaa / AAA
NR

1.08 1.05
As of June 30, 2022
34 948
CC 08-16-2022
948 of 1555
Holdings Report
City of Cupertino - Account #10659
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
4581X0DP0 Inter-American Dev Bank Note

0.250% Due 11/15/2023
2,800,000.00 07/01/2021

0.37%
2,792,300.00
2,795,515.78

96.54 2.84%
2,703,008.00
894.44

1.82%
(92,507.78)
Aaa / AAA
NR

1.38 1.35
45950KCT5 International Finance Corp Note

0.375% Due 07/16/2025
2,500,000.00 05/27/2021

0.66%
2,471,150.00
2,478,716.90

92.29 3.04%
2,307,335.00
4,296.88

1.55%
(171,381.90)
Aaa / AAA
NR

3.05 2.98
459058JL8 Intl. Bank Recon & Development Note

0.500% Due 10/28/2025
2,400,000.00 Various

0.60%
2,388,859.25
2,392,115.68

91.80 3.11%
2,203,108.80
2,100.01

1.48%
(189,006.88)
Aaa / AAA
AAA

3.33 3.25
4581X0DV7 Inter-American Dev Bank Note

0.875% Due 04/20/2026
2,460,000.00 04/13/2021

0.97%
2,448,733.20
2,451,429.58

91.97 3.13%
2,262,380.82
4,245.21

1.52%
(189,048.76)
Aaa / AAA
AAA

3.81 3.68
TOTAL Supranational 12,210,000.00 0.58%
12,259,179.95
12,224,353.19 2.99%
11,526,531.67
36,257.55

7.77%
(697,821.52)
Aaa / AAA
Aaa

2.51 2.44
US Treasury
912828T91 US Treasury Note

1.625% Due 10/31/2023
650,000.00 Various

1.94%
641,405.27
647,412.86

98.32 2.92%
639,081.95
1,779.55

0.43%
(8,330.91)
Aaa / AA+
AAA

1.34 1.30
912828V23 US Treasury Note

2.250% Due 12/31/2023
1,500,000.00 06/21/2019

1.80%
1,529,472.66
1,509,782.57

98.98 2.95%
1,484,766.00

91.71 1.00%
(25,016.57)
Aaa / AA+
AAA

1.50 1.46
912828B66 US Treasury Note

2.750% Due 02/15/2024
2,000,000.00 Various

2.14%
2,053,613.28
2,018,932.34

99.72 2.93%
1,994,376.00
20,662.99

1.35%
(24,556.34)
Aaa / AA+
AAA

1.63 1.56
91282CBR1 US Treasury Note

0.250% Due 03/15/2024
1,450,000.00 03/30/2021

0.33%
1,446,488.28
1,447,974.26

95.55 2.94%
1,385,543.15
1,063.86

0.93%
(62,431.11)
Aaa / AA+
AAA

1.71 1.68
912828X70 US Treasury Note

2.000% Due 04/30/2024
1,700,000.00 06/10/2019

1.92%
1,705,976.56
1,702,239.95

98.33 2.94%
1,671,644.00
5,728.26

1.13%
(30,595.95)
Aaa / AA+
AAA

1.84 1.78
912828XX3 US Treasury Note

2.000% Due 06/30/2024
2,000,000.00 Various

1.80%
2,018,574.22
2,007,680.28

98.18 2.94%
1,963,672.00
108.69

1.32%
(44,008.28)
Aaa / AA+
AAA

2.00 1.94
912828D56 US Treasury Note

2.375% Due 08/15/2024
1,700,000.00 09/18/2019

1.71%
1,753,191.41
1,723,033.78

98.77 2.98%
1,679,015.20
15,168.51

1.14%
(44,018.58)
Aaa / AA+
AAA

2.13 2.04
912828YY0 US Treasury Note

1.750% Due 12/31/2024
2,100,000.00 03/15/2022

1.97%
2,087,203.13
2,088,544.23

97.00 3.00%
2,037,081.90

99.86 1.37%
(51,462.33)
Aaa / AA+
AAA

2.51 2.42
912828ZC7 US Treasury Note

1.125% Due 02/28/2025
1,500,000.00 03/18/2020

0.81%
1,523,144.53
1,512,462.44

95.27 2.98%
1,429,101.00
5,640.29

0.96%
(83,361.44)
Aaa / AA+
AAA

2.67 2.59
91282CED9 US Treasury Note

1.750% Due 03/15/2025
3,100,000.00 Various

2.23%
3,057,617.20
3,061,160.30

96.78 3.00%
3,000,217.20
15,921.20

2.03%
(60,943.10)
Aaa / AA+
AAA

2.71 2.60
912828ZL7 US Treasury Note

0.375% Due 04/30/2025
2,500,000.00 03/21/2022

2.24%
2,360,839.85
2,373,223.26

92.91 3.00%
2,322,655.00
1,579.48

1.56%
(50,568.26)
Aaa / AA+
AAA

2.84 2.78
91282CAB7 US Treasury Note

0.250% Due 07/31/2025
1,500,000.00 03/12/2021

0.72%
1,469,765.63
1,478,709.26

91.92 3.01%
1,378,770.00
1,564.23

0.93%
(99,939.26)
Aaa / AA+
AAA

3.09 3.03
As of June 30, 2022
35 949
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949 of 1555
Holdings Report
City of Cupertino - Account #10659
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
91282CAM3 US Treasury Note

0.250% Due 09/30/2025
2,400,000.00 Various

0.56%
2,366,140.63
2,375,945.91

91.46 3.03%
2,195,155.20
1,508.20

1.48%
(180,790.71)
Aaa / AA+
AAA

3.25 3.19
91282CAT8 US Treasury Note

0.250% Due 10/31/2025
2,450,000.00 Various

0.49%
2,422,492.19
2,430,795.12

91.23 3.04%
2,235,147.25
1,031.93

1.50%
(195,647.87)
Aaa / AA+
AAA

3.34 3.27
91282CAZ4 US Treasury Note

0.375% Due 11/30/2025
2,250,000.00 03/26/2021

0.77%
2,209,658.20
2,220,505.82

91.44 3.03%
2,057,431.50
714.65

1.38%
(163,074.32)
Aaa / AA+
AAA

3.42 3.35
91282CBH3 US Treasury Note

0.375% Due 01/31/2026
2,500,000.00 05/27/2021

0.75%
2,456,445.31
2,466,614.02

91.04 3.03%
2,275,977.50
3,910.57

1.53%
(190,636.52)
Aaa / AA+
AAA

3.59 3.50
91282CBW0 US Treasury Note

0.750% Due 04/30/2026
2,500,000.00 05/27/2021

0.80%
2,493,652.34
2,495,060.97

91.79 3.03%
2,294,727.50
3,158.97

1.54%
(200,333.47)
Aaa / AA+
AAA

3.84 3.72
91282CCZ2 US Treasury Note

0.875% Due 09/30/2026
1,400,000.00 10/18/2021

1.19%
1,379,054.68
1,382,010.44

91.46 3.03%
1,280,452.60
3,079.23

0.86%
(101,557.84)
Aaa / AA+
AAA

4.25 4.11
91282CDG3 US Treasury Note

1.125% Due 10/31/2026
1,400,000.00 11/15/2021

1.25%
1,391,468.75
1,392,534.57

92.31 3.03%
1,292,320.40
2,653.53

0.87%
(100,214.17)
Aaa / AA+
AAA

4.34 4.17
TOTAL US Treasury 36,600,000.00 1.34%
36,366,204.12
36,334,622.38 2.99%
34,617,135.35
85,465.71

23.33%
(1,717,487.03)
Aaa / AA+
Aaa

2.80 2.72
TOTAL PORTFOLIO 155,016,023.68 1.41%
155,773,883.32
155,117,379.78 3.25%
148,259,207.35
485,449.88
100.00%
(6,858,172.43)
Aa1 / AA+
Aaa

2.74 2.39
TOTAL MARKET VALUE PLUS ACCRUALS 148,744,657.23
As of June 30, 2022
36 950
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SECTION | Section 4 | Transactions
37 951
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Transaction Ledger
City of Cupertino - Account #10659
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 04/07/2022 06406HCQ0 1,000,000.00 Bank of New York Callable Note Cont 10/18/2025

3.95% Due: 11/18/2025
102.491 3.21% 1,024,910.00 15,251.39 1,040,161.39 0.00
Purchase 04/07/2022 69371RR73 885,000.00 Paccar Financial Corp Note

2.85% Due: 04/07/2025

99.974 2.86% 884,769.90 0.00 884,769.90 0.00
Purchase 04/08/2022 74153WCM9 904,000.00 Pricoa Global Funding Note

0.8% Due: 09/01/2025

92.143 3.26% 832,972.72 743.29 833,716.01 0.00
Purchase 04/12/2022 91282CED9 1,000,000.00 US Treasury Note

1.75% Due: 03/15/2025

97.320 2.71% 973,203.13 1,331.52 974,534.65 0.00
Purchase 04/13/2022 362585AC5 390,000.00 GM Financial Securitized ART 2022-2 A3

3.1% Due: 02/16/2027

99.979 3.13% 389,918.49 0.00 389,918.49 0.00
Purchase 04/14/2022 78016EZ59 1,050,000.00 Royal Bank of Canada Note

3.375% Due: 04/14/2025

99.963 3.39% 1,049,611.50 0.00 1,049,611.50 0.00
Purchase 04/26/2022 06406RBC0 1,370,000.00 Bank of NY Mellon Corp Callable Note Cont 3/25/2025

3.35% Due: 04/25/2025

99.986 3.35% 1,369,808.20 0.00 1,369,808.20 0.00
Purchase 05/10/2022 665859AW4 670,000.00 Northern Trust Company Callable Note Cont 4/10/2027
4% Due: 05/10/2027

99.838 4.04% 668,914.60 0.00 668,914.60 0.00
Purchase 05/18/2022 05602RAD3 530,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due: 08/25/2026

99.995 3.23% 529,972.44 0.00 529,972.44 0.00
Purchase 05/20/2022 91324PEG3 260,000.00 United Health Group Inc Callable Note Cont 4/15/2027

3.7% Due: 05/15/2027
100.077 3.68% 260,200.20 0.00 260,200.20 0.00
Purchase 05/20/2022 91324PEG3 260,000.00 United Health Group Inc Callable Note Cont 4/15/2027

3.7% Due: 05/15/2027
100.077 3.68% 260,200.20 0.00 260,200.20 0.00
Purchase 05/20/2022 91324PEG3 155,000.00 United Health Group Inc Callable Note Cont 4/15/2027

3.7% Due: 05/15/2027

99.946 3.71% 154,916.30 0.00 154,916.30 0.00
Purchase 05/24/2022 02582JJT8 1,375,000.00 American Express Credit Trust 2022-2 A

3.39% Due: 05/17/2027

99.978 3.42% 1,374,695.85 0.00 1,374,695.85 0.00
March 31, 2022 through June 30, 2022
As of June 30, 2022
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Transaction Ledger
City of Cupertino - Account #10659
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss Purchase 05/25/2022 6174468Q5 650,000.00 Morgan Stanley Callable Note Cont 4/28/2025

2.188% Due: 04/28/2026

94.723 3.98% 615,699.50 1,066.65 616,766.15 0.00
Subtotal 10,499,000.00 10,389,793.03 18,392.85 10,408,185.88 0.00 TOTAL ACQUISITIONS 10,499,000.00 10,389,793.03 18,392.85 10,408,185.88 0.00

DISPOSITIONS
Sale 04/04/2022 69371RP59 435,000.00 Paccar Financial Corp Note

3.4% Due: 08/09/2023
101.510 2.56% 441,568.50 2,259.58 443,828.08 1,907.08
Sale 04/07/2022 06406RAG2 1,000,000.00 Bank of NY Mellon Corp Note

3.5% Due: 04/28/2023
101.441 3.15% 1,014,410.00 15,458.33 1,029,868.33 10,927.58 Sale 04/12/2022 037833AK6 1,000,000.00 Apple Inc Note

2.4% Due: 05/03/2023
100.336 2.79% 1,003,360.00 10,600.00 1,013,960.00 7,230.21 Sale 04/12/2022 24422ETG4 1,000,000.00 John Deere Capital Corp Note

2.8% Due: 03/06/2023
100.708 2.60% 1,007,080.00 2,800.00 1,009,880.00 5,351.04 Sale 05/09/2022 931142EK5 1,000,000.00 Wal-Mart Stores Callable Note Cont 5/26/2023

3.4% Due: 06/26/2023
100.893 2.80% 1,008,930.00 12,561.11 1,021,491.11 3,041.77 Sale 05/19/2022 3137EAEN5 550,000.00 FHLMC Note

2.75% Due: 06/19/2023
100.505 1.83% 552,777.50 6,302.08 559,079.58 -2,517.91
Sale 05/23/2022 02665WCQ2 700,000.00 American Honda Finance Note

3.625% Due: 10/10/2023
100.908 2.52% 706,356.00 3,030.90 709,386.90 -1,428.72
Sale 05/25/2022 02665WCQ2 600,000.00 American Honda Finance Note

3.625% Due: 10/10/2023
100.903 2.52% 605,418.00 2,718.75 608,136.75 -1,228.19
Sale 06/30/2022 45950KCP3 650,000.00 International Finance Corp Note

2.875% Due: 07/31/2023

99.751 0.31% 648,378.25 7,786.46 656,164.71 -19,605.66
Subtotal 6,935,000.00 6,988,278.25 63,517.21 7,051,795.46 3,677.20 March 31, 2022 through June 30, 2022
As of June 30, 2022
39 953
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953 of 1555
Transaction Ledger
City of Cupertino - Account #10659
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss Maturity 04/28/2022 89114W7M1 350,000.00 Toronto Dominion Yankee CD

0.24% Due: 04/28/2022
100.000 350,000.00 851.66 350,851.66 0.00
Subtotal 350,000.00 350,000.00 851.66 350,851.66 0.00
TOTAL DISPOSITIONS 7,285,000.00 7,338,278.25 64,368.87 7,402,647.12 3,677.20 March 31, 2022 through June 30, 2022
As of June 30, 2022
40 954
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Important Disclosures
2022 Chandler Asset Management, Inc, An Independent Registered Investment Adviser.

Information contained herein is confidential. Prices are provided by ICE Data Services Inc (“IDS”), an independent pricing source. In the event IDS does not provide a price or if the price provided is not reflective of fair market value, Chandler will obtain pricing from an alternative approved third party pricing source in accordance with our written valuation policy and procedures. Our valuation procedures are also disclosed in Item 5 of our Form ADV Part 2A.

Performance results are presented gross-of-advisory fees and represent the client’s Total Return. The deduction of advisory fees lowers performance results. These results include the reinvestment of dividends and other earnings. Past performance may not be indicative of future results. Therefore, clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Economic factors, market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.

Index returns assume reinvestment of all distributions. Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing historical performance results. It is not possible to invest directly in an index.

Source ICE Data Indices, LLC ("ICE"), used with permission. ICE permits use of the ICE indices and related data on an "as is" basis; ICE, its affiliates and their respective third party suppliers disclaim any and all warranties and representations, express and/or implied, including any warranties of merchantability or fitness for a particular purpose or use, including the indices, index data and any data included in, related to, or derived therefrom. Neither ICE data, its affiliates or their respective third party providers guarantee the quality, adequacy, accuracy, timeliness or completeness of the indices or the index data or any component thereof, and the indices and index data and all components thereof are provided on an "as is" basis and licensee's use it at licensee's own risk. ICE data, its affiliates and their respective third party do not sponsor, endorse, or recommend chandler asset management, or any of its products or services.

This report is provided for informational purposes only and should not be construed as a specific investment or legal advice. The information contained herein was obtained from sources believed to be reliable as of the date of publication, but may become outdated or superseded at any time without notice. Any opinions or views expressed are based on current market conditions and are subject to change. This report may contain forecasts and forward-looking statements which are inherently limited and should not be relied upon as indicator of future results. Past performance is not indicative of future results. This report is not intended to constitute an offer, solicitation, recommendation or advice regarding any securities or investment strategy and should not be regarded by recipients as a substitute for the exercise of their own judgment.

Fixed income investments are subject to interest, credit and market risk. Interest rate risk: the value of fixed income investments will decline as interest rates rise. Credit risk: the possibility that the borrower may not be able to repay interest and principal. Low rated bonds generally have to pay higher interest rates to attract investors willing to take on greater risk. Market risk: the bond market in general could decline due to economic conditions, especially during periods of rising interest rates.

Ratings information have been provided by Moody’s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

Security level ratings for U.S. Agency issued mortgage-backed securities (“MBS”) reflect the issuer rating because the securities themselves are not rated. The issuing U.S. Agency guarantees the full and timely payment of both principal and interest and carries a AA+/Aaa/AAA by S&P, Moody’s and Fitch respectively.

As of June 30, 2022
41 955
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Benchmark Disclosures
ICE BofA 1-5 Yr US Treasury & Agency Index
The ICE BofA 1-5 Year US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody’s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than five years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies.

As of June 30, 2022
42 956
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INVESTMENT AND INSURANCE PRODUCTS ARE:
• NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) OR ANY FEDERAL GOVERNMENT AGENCY • NOT A DEPOSIT, OBLIGATION OF, OR GUARANTEED BY ANY BANK OR BANKING AFFILIATE • SUBJECT TO INVESTMENT RISKS AND MAY LOSE VALUE, INCLUDING POSSIBLE LOSS OF PRINCIPAL AMOUNT INVESTED

IRT - SAN FRANCISCO CA
510 N VALLEY MILLS DRIVE, SUITE 400
WACO, TX 76710-6075

CITY OF CUPERTINO -

CHANDLER ASSET MANAGEMENT
ACCOUNT NUMBER 16737400

MONTHLY STATEMENT
JUNE 1, 2022 THROUGH JUNE 30, 2022
ACCOUNT MANAGER: MICHAEL J WADE
TELEPHONE NUMBER: 515-878-6110
PFGEDD INVESTMENT CONTACT: IMR/CONNOR GAFKJEN
TELEPHONE NUMBER:

ADMINISTRATOR: LEEANN MICHAEL
TELEPHONE NUMBER: 254-262-3243
18222 SE
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Custody and trust services are provided by Principal Bank®, Member FDIC, and/or Principal Trust Company®. These services are provided under the name Principal® Custody Solutions, a division of Principal Bank. Principal Trust Company is a trade name of Delaware Guarantee & Trust Company. Principal Bank and Principal Trust Company are members of the Principal Financial Group®, Des Moines, IA 50392. 958
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PAGE 17

STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO
AS OF JUNE 30, 2022 ACCOUNT NUMBER
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,500,000 US TREASURY NOTE 1,469,765.63 1,377,240.00 0.93 92,525.63- 1,564.23 DTD 07/31/20 0.250 07/31/2025 97.9844 91.8160

MOODY'S RATING AAA
CUSIP 91282CAB7
2,400,000 US TREASURY NOTE 2,366,140.63 2,192,712.00 1.48 173,428.63- 1,508.20 DTD 09/30/20 0.250 09/30/2025 98.5892 91.3630

MOODY'S RATING AAA
CUSIP 91282CAM3
2,450,000 US TREASURY NOTE 2,422,492.19 2,232,562.50 1.51 189,929.69- 1,031.93 DTD 10/31/20 0.250 10/31/2025 98.8772 91.1250

MOODY'S RATING AAA
CUSIP 91282CAT8
2,250,000 US TREASURY NOTE 2,209,658.20 2,055,060.00 1.39 154,598.20- 714.65 DTD 11/30/20 0.375 11/30/2025 98.2070 91.3360

MOODY'S RATING AAA
CUSIP 91282CAZ4
2,500,000 US TREASURY NOTE 2,456,445.31 2,273,250.00 1.53 183,195.31- 3,910.57 DTD 02/01/21 0.375 01/31/2026 98.2578 90.9300

MOODY'S RATING AAA
CUSIP 91282CBH3
1,450,000 US TREASURY NOTE 1,446,488.28 1,384,474.50 0.93 62,013.78- 1,063.86 DTD 03/15/21 0.250 03/15/2024 99.7578 95.4810

MOODY'S RATING AAA
CUSIP 91282CBR1
2,500,000 US TREASURY NOTE 2,493,652.34 2,291,800.00 1.55 201,852.34- 3,158.97 DTD 04/30/21 0.750 04/30/2026 99.7461 91.6720

MOODY'S RATING AAA
CUSIP 91282CBW0
1,400,000 US TREASURY NOTE 1,379,054.68 1,278,592.00 0.86 100,462.68- 3,079.24 DTD 09/30/21 0.875 09/30/2026 98.5039 91.3280

MOODY'S RATING AAA
CUSIP 91282CCZ2
976
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PAGE 18

STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO
AS OF JUNE 30, 2022 ACCOUNT NUMBER
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,400,000 US TREASURY NOTE 1,391,468.75 1,290,464.00 0.87 101,004.75- 2,653.53 DTD 11/01/21 1.125 10/31/2026 99.3906 92.1760
CUSIP 91282CDG3
2,000,000 US TREASURY NOTE 2,053,613.28 1,992,960.00 1.35 60,653.28- 20,662.98 DTD 02/18/14 2.750 02/15/2024 102.6807 99.6480

MOODY'S RATING AAA
CUSIP 912828B66
1,700,000 US TREASURY NOTE 1,753,191.41 1,677,492.00 1.13 75,699.41- 15,168.51 DTD 08/15/14 2.375 08/15/2024 103.1289 98.6760

MOODY'S RATING AAA
CUSIP 912828D56
650,000 US TREASURY NOTE 641,405.27 638,755.00 0.43 2,650.27- 1,779.55 DTD 10/31/16 1.625 10/31/2023 98.6777 98.2700

MOODY'S RATING AAA
CUSIP 912828T91
1,500,000 US TREASURY NOTE 1,529,472.66 1,483,950.00 1.00 45,522.66- 91.71 DTD 01/03/17 2.250 12/31/2023 101.9649 98.9300

MOODY'S RATING AAA
CUSIP 912828V23
2,000,000 US TREASURY NOTE 2,018,574.22 1,962,260.00 1.32 56,314.22- 108.70 DTD 06/30/17 2.000 06/30/2024 100.9287 98.1130

MOODY'S RATING AAA
CUSIP 912828XX3
1,700,000 US TREASURY NOTE 1,705,976.56 1,670,318.00 1.13 35,658.56- 5,728.26 DTD 05/01/17 2.000 04/30/2024 100.3516 98.2540

MOODY'S RATING AAA
CUSIP 912828X70
2,100,000 US TREASURY NOTE 2,087,203.13 2,035,194.00 1.37 52,009.13- 99.86 DTD 12/31/19 1.750 12/31/2024 99.3906 96.9140
CUSIP 912828YY0
977
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PAGE 19

STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO
AS OF JUNE 30, 2022 ACCOUNT NUMBER
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,500,000 US TREASURY NOTE 1,523,144.53 1,427,700.00 0.96 95,444.53- 5,640.29 DTD 03/02/20 1.125 02/28/2025 101.5430 95.1800

MOODY'S RATING AAA
CUSIP 912828ZC7
2,500,000 US TREASURY NOTE 2,360,839.85 2,320,225.00 1.57 40,614.85- 1,579.48 DTD 04/30/20 0.375 04/30/2025 94.4336 92.8090

MOODY'S RATING AAA
CUSIP 912828ZL7
800,000 VERIZON OWNER TRUST 799,832.00 787,408.00 0.53 12,424.00- 114.89 SER 2020-B CL A *0 DAY DELAY* 99.9790 98.4260
DTD 08/12/20 0.470 02/20/2025

MOODY'S RATING AAA
CUSIP 92290BAA9
173,764.62 VERIZON OWNER TRUST 173,751.22 173,559.58 0.12 191.64- 103.00 SER 2019-C CL A1A *0 DAY DELAY* 99.9923 99.8820
144A PRIV PLCMT 1.940 04/22/2024
CUSIP 92348AAA3
350,000 WALMART INC 349,338.50 318,265.50 0.21 31,073.00- 1,061.67 DTD 09/17/21 1.050 09/17/2026 99.8110 90.9330
MOODY'S RATING AA2
CUSIP 931142ER0
TOTAL BOND & NOTES 154,509,689.70 146,873,957.29 99.15 7,635,732.41- 489,774.37 ====================================================================================================================================== TOTAL INVESTMENTS 155,773,883.32 148,138,150.91 100.00 7,635,732.41- 489,925.40 TOTAL ACCRUALS 489,925.40 489,925.40
====================================================================================================================================== TOTAL ACCRUALS AND INVESTMENTS 156,263,808.72 148,628,076.31 978
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PAGE 20

STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO
AS OF JUNE 30, 2022 ACCOUNT NUMBER
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ Asset Pricing:

Values reflected for publicly-traded assets are provided by unaffiliated financial industry sources believed to be reliable. Values for non-publicly traded assets may be determined from other unaffiliated sources. Assets for which a current value is unavailable may be reflected at the last reported price, at par, or may be shown as having nominal or no value. Reported values may not be the price at which an asset may be sold. Asset values are updated as pricing becomes available from external sources, and may be updated less frequently than statements are generated.

Trade Confirms:

Pursuant to federal regulation, monthly or quarterly account statements that include investment transaction details may be provided in lieu of separate trade confirmations. Separate trade confirms may be obtained at no additional cost upon written request to the Relationship Manager.

Unclaimed Property Designated Representative Notification:

Except participants in qualified ERISA Plans - Your property may be transferred to the appropriate state if no activity occurs in the account within the time period specified by state law. If your state of residence allows, you may designate a representative for the purpose of receiving notice of account inactivity by providing the name and mailing or email address of a representative. The designated representative does not have any rights to your account. Please refer to your state's unclaimed property website for more information and instructions on how to designate a representative for notice. 979
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PAGE 21

CASH SUMMARY CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

CASH SUMMARY

DESCRIPTION PRINCIPAL CASH INCOME CASH
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ BEGINNING BALANCE 0.00 0.00

RECEIPTS
NET INTEREST COLLECTED 0.00 224,877.03
TRANSFER RECEIPTS 224,877.03 0.00
SALES 943,071.63 0.00
CASH MANAGEMENT SALES 9,239.23 0.00
TOTAL CASH RECEIPTS 1,177,187.89 224,877.03

DISBURSEMENTS
INVESTMENT MANAGEMENT EXPENSES 9,130.65- 0.00
TRANSFER DISBURSEMENTS 0.00 224,877.03-
CASH MANAGEMENT PURCHASES 1,168,057.24- 0.00
TOTAL CASH DISBURSEMENTS 1,177,187.89- 224,877.03-
ENDING BALANCE 0.00 0.00
________________________________________________________________________________________________________________________________________ 980
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PAGE 22

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ BEGINNING BALANCE 0.00 155,594,562.69
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯

CASH EQUIVALENTS
06/01/22 INTEREST RECEIVED 77.70
AS 100% TREAS MM FD-SVC CL #008
INTEREST FROM 5/1/22 TO 5/31/22
06/01/22 INTEREST RECEIVED 7.83

PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM
INTEREST FROM 5/1/22 TO 5/31/22
06/30/22 1,168,049.41 CASH SWEEP PURCHASES FOR STMT PERIOD 1,168,049.41- 1,168,049.41 AS 100% TREAS MM FD-SVC CL #008
17 TRANSACTIONS
06/30/22 7.83 CASH SWEEP PURCHASES FOR STMT PERIOD 7.83- 7.83

PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM
1 TRANSACTIONS
06/30/22 9,239.23- CASH SWEEP SALES FOR STMT PERIOD 9,239.23 9,239.23- AS 100% TREAS MM FD-SVC CL #008
3 TRANSACTIONS

BONDS & NOTES
06/15/22 INTEREST RECEIVED 2,845.38
AMERICAN EXPRES ABS 2.210% 3/15/27
CUSIP 02589BAA8
$0.00184/PV ON 1,545,000.00 PV
DUE 6/15/22
06/21/22 INTEREST RECEIVED 2,719.06
AMERICAN EXPRESS ABS 3.390% 5/17/27
CUSIP 02582JJT8
$0.00198/PV ON 1,375,000.00 PV
DUE 6/15/22
981
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PAGE 23

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/27/22 INTEREST RECEIVED 116.88
BMW VEHICLE LEASE TR 0.330% 12/26/24
CUSIP 09690AAC7
$0.00027/PV ON 425,000.00 PV
DUE 6/25/22
06/27/22 INTEREST RECEIVED 412.50
BMW VEHICLE LEASE TR 1.100% 3/25/25
CUSIP 05601XAC3
$0.00092/PV ON 450,000.00 PV
DUE 6/25/22
06/27/22 INTEREST RECEIVED 1,843.08
BMW VEHICLE OWN ABS 3.210% 8/25/26
CUSIP 05602RAD3
06/14/22 INTEREST RECEIVED 21,562.50
FED HOME LN BK 2.875% 6/14/24
CUSIP 3130A1XJ2
INTEREST ON 1,500,000.000 UNITS
06/08/22 INTEREST RECEIVED 35,437.50
FED HOME LN BK 3.375% 12/08/23
CUSIP 3130A0F70
INTEREST ON 2,100,000.000 UNITS
06/06/22 INTEREST RECEIVED 2,193.75
FED HOME LN MTG CORP 0.250% 12/04/23
CUSIP 3137EAFA2
INTEREST ON 1,755,000.000 UNITS
06/27/22 INTEREST RECEIVED 3,435.25
FED HOME LN MTG CORP 3.171% 10/25/24
CUSIP 3137BFE98
$0.00264/PV ON 1,300,000.00 PV
DUE 6/25/22
982
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PAGE 24

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/17/22 INTEREST RECEIVED 6,250.00
FED NATL MTG ASSN 0.500% 6/17/25
CUSIP 3135G04Z3
INTEREST ON 2,500,000.000 UNITS
06/27/22 INTEREST RECEIVED 1,437.04
FHLMC MULTIFAMILY ST 2.653% 8/25/26
CUSIP 3137BSP72
$0.00221/PV ON 650,000.00 PV
DUE 6/25/22
06/27/22 INTEREST RECEIVED 1,422.62
FHLMC MULTIFAMILY ST 2.995% 12/25/25
CUSIP 3137BN6G4
$0.00250/PV ON 570,000.00 PV
DUE 6/25/22
06/27/22 INTEREST RECEIVED 2,508.33
FHLMC MULTIFAMILY ST 3.010% 8/25/25
CUSIP 3137BLMZ8
$0.00251/PV ON 1,000,000.00 PV
DUE 6/25/22
06/27/22 INTEREST RECEIVED 1,212.93
FHLMC MULTIFAMILY ST 3.308% 9/25/25
CUSIP 3137BM7C4
$0.00276/PV ON 440,000.00 PV
DUE 6/25/22
06/21/22 INTEREST RECEIVED 1,007.50
GM FINANCIAL ABS 3.100% 2/16/27
CUSIP 362585AC5
$0.00258/PV ON 390,000.00 PV
DUE 6/16/22
983
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PAGE 25

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/21/22 INTEREST RECEIVED 313.63
GM FINANCIAL AUTOMOB 0.390% 10/21/24
CUSIP 36262XAC8
$0.00032/PV ON 965,000.00 PV
DUE 6/20/22
06/21/22 INTEREST RECEIVED 1,496.25
GM FINANCIAL AUTOMOB 1.850% 3/20/25
CUSIP 36265MAC9
$0.00158/PV ON 945,000.00 PV
DUE 6/20/22
06/21/22 INTEREST RECEIVED 198.33
GM FINANCIAL SECURIT 0.680% 9/16/26
CUSIP 362554AC1
06/16/22 INTEREST RECEIVED 309.75
GM FINANCIAL SECURIT 1.260% 11/16/26
CUSIP 380146AC4
$0.00105/PV ON 295,000.00 PV
DUE 6/16/22
06/21/22 INTEREST RECEIVED 66.38
HONDA AUTO RECEIVABL 0.270% 4/21/25
CUSIP 43813GAC5
$0.00023/PV ON 295,000.00 PV
DUE 6/21/22
06/21/22 INTEREST RECEIVED 159.04
HONDA AUTO RECEIVABL 0.370% 10/18/24
CUSIP 43813KAC6
$0.00031/PV ON 515,799.55 PV
DUE 6/18/22
06/21/22 35,605.52- PAID DOWN 35,605.52 35,600.29- 5.23 HONDA AUTO RECEIVABL 0.370% 10/18/24
CUSIP 43813KAC6
AT $235.7997 ON TRADE DATE 06/18/2022
TO SETTLE ON 06/21/2022
984
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PAGE 26

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/15/22 INTEREST RECEIVED 77.07
HONDA AUTO RECEIVABL 0.820% 7/15/24
CUSIP 43813DAC2
$0.00068/PV ON 112,790.54 PV
DUE 6/15/22
06/15/22 9,305.44- PAID DOWN 9,305.44 9,304.71- 0.73
HONDA AUTO RECEIVABL 0.820% 7/15/24
CUSIP 43813DAC2
AT $404.0854 ON TRADE DATE 06/15/2022
06/21/22 INTEREST RECEIVED 337.33
HONDA AUTO RECEIVABL 0.880% 1/21/26
CUSIP 43815GAC3
$0.00073/PV ON 460,000.00 PV
DUE 6/21/22
06/16/22 INTEREST RECEIVED 1,159.33
HONDA AUTO RECEIVABL 1.000% 5/15/26
CUSIP 43815BAC4
$0.00157/PV ON 740,000.00 PV
DUE 6/15/22
06/15/22 INTEREST RECEIVED 364.93
HONDA AUTO RECEIVABL 1.780% 8/15/23
CUSIP 43815NAC8
$0.00148/PV ON 246,021.44 PV
DUE 6/15/22
06/15/22 46,685.41- PAID DOWN 46,685.41 46,606.93- 78.48 HONDA AUTO RECEIVABL 1.780% 8/15/23
CUSIP 43815NAC8
AT $159.4755 ON TRADE DATE 06/15/2022
06/15/22 INTEREST RECEIVED 217.25
HYUNDAI AUTO LEASE 0.330% 6/17/24
CUSIP 44891VAC5
$0.00027/PV ON 790,000.00 PV
DUE 6/15/22
985
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PAGE 27

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/15/22 INTEREST RECEIVED 522.00
HYUNDAI AUTO LEASE 1.160% 1/15/25
CUSIP 44891WAC3
$0.00097/PV ON 540,000.00 PV
DUE 6/15/22
06/15/22 INTEREST RECEIVED 1,868.50
HYUNDAI AUTO REC ABS 2.220% 10/15/26
CUSIP 448977AD0
$0.00185/PV ON 1,010,000.00 PV
DUE 6/15/22
06/15/22 INTEREST RECEIVED 163.08
HYUNDAI AUTO RECEIVA 0.380% 9/15/25
CUSIP 44933LAC7
$0.00032/PV ON 515,000.00 PV
DUE 6/15/22
06/15/22 INTEREST RECEIVED 820.17
HYUNDAI AUTO RECEIVA 0.740% 5/15/26
CUSIP 44935FAD6
$0.00062/PV ON 1,330,000.00 PV
DUE 6/15/22
06/30/22 650,000- SOLD 648,378.25 684,287.50- 35,909.25- INTL FINANCE CORP 2.875% 7/31/23
CUSIP 45950KCP3
AT $99.7505 ON TRADE DATE 06/28/2022
TO SETTLE ON 06/30/2022

TORONTO DOMINION BANK
06/30/22 ACCRUED INTEREST ON SALE 7,786.46
INTL FINANCE CORP 2.875% 7/31/23
CUSIP 45950KCP3
986
CC 08-16-2022
986 of 1555
PAGE 28

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/15/22 INTEREST RECEIVED 870.00
JOHN DEERE OWNER ABS 2.320% 9/16/26
CUSIP 47787JAC2
$0.00193/PV ON 450,000.00 PV
DUE 6/15/22
06/15/22 INTEREST RECEIVED 73.46
JOHN DEERE OWNER TRU 0.510% 11/15/24
CUSIP 47787NAC3
$0.00042/PV ON 172,857.42 PV
DUE 6/15/22
06/15/22 11,164.78- PAID DOWN 11,164.78 11,163.08- 1.70 JOHN DEERE OWNER TRU 0.510% 11/15/24
CUSIP 47787NAC3
06/15/22 INTEREST RECEIVED 251.33
JOHN DEERE OWNER TRU 0.520% 3/16/26
CUSIP 47789QAC4
$0.00043/PV ON 580,000.00 PV
DUE 6/15/22
06/15/22 INTEREST RECEIVED 143.26
JOHN DEERE OWNER TRU 1.100% 8/15/24
CUSIP 47789KAC7
$0.00092/PV ON 156,284.79 PV
DUE 6/15/22
06/15/22 12,559.78- PAID DOWN 12,559.78 12,559.01- 0.77 JOHN DEERE OWNER TRU 1.100% 8/15/24
CUSIP 47789KAC7
AT $299.3836 ON TRADE DATE 06/15/2022
06/15/22 INTEREST RECEIVED 283.69
JOHN DEERE OWNER TRU 2.210% 12/15/23
CUSIP 477870AC3
$0.00184/PV ON 154,040.88 PV
DUE 6/15/22
987
CC 08-16-2022
987 of 1555
PAGE 29

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/15/22 25,223.12- PAID DOWN 25,223.12 25,456.63- 233.51- JOHN DEERE OWNER TRU 2.210% 12/15/23
CUSIP 477870AC3
06/15/22 2,617.89- PAID DOWN 2,617.89 2,672.40- 54.51-
JOHN DEERE OWNER TRU 2.910% 7/17/23
CUSIP 47789JAD8
06/15/22 INTEREST RECEIVED 6.35
JOHN DEERE OWNER TRU 2.910% 7/17/23
CUSIP 47789JAD8
$00.0024/PV ON 3,665.03 PV
DUE 6/15/22
06/21/22 INTEREST RECEIVED 2.54
JOHN DEERE OWNER TRU 2.910% 7/17/23
CUSIP 47789JAD8
$0.00243/PV ON 1,047.14 PV
DUE 6/15/22
06/21/22 1,047.14- PAID DOWN 1,047.14 1,064.61- 17.47-
JOHN DEERE OWNER TRU 2.910% 7/17/23
CUSIP 47789JAD8
TO SETTLE ON 06/21/2022
06/15/22 INTEREST RECEIVED 99.65
MERCEDES-BENZ AUTO 0.400% 11/15/23
CUSIP 58769EAC2
$0.00033/PV ON 298,951.22 PV
DUE 6/15/22
06/15/22 26,410.72- PAID DOWN 26,410.72 26,409.38- 1.34 MERCEDES-BENZ AUTO 0.400% 11/15/23
CUSIP 58769EAC2
AT $142.3737 ON TRADE DATE 06/15/2022
988
CC 08-16-2022
988 of 1555
PAGE 30

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/15/22 INTEREST RECEIVED 858.83
NISSAN AUTO RECEIVAB 1.930% 7/15/24
CUSIP 65479JAD5
$0.00161/PV ON 533,989.82 PV
DUE 6/15/22
06/15/22 61,940.64- PAID DOWN 61,940.64 62,247.91- 307.27- NISSAN AUTO RECEIVAB 1.930% 7/15/24
CUSIP 65479JAD5
AT $655.2044 ON TRADE DATE 06/15/2022
06/10/22 INTEREST RECEIVED 6,125.00
P/P GUARDIAN LIFE GL 0.875% 12/10/25
CUSIP 40139LBC6
INTEREST ON 1,400,000.000 UNITS
06/06/22 INTEREST RECEIVED 5,032.21
P/P PRICOA GLOBAL FU 1.150% 12/06/24
CUSIP 74153WCQ0
INTEREST ON 885,000.000 UNITS
06/13/22 INTEREST RECEIVED 19,875.00
TORONTO-DOMINION BAN 2.650% 6/12/24
CUSIP 89114QCA4
INTEREST ON 1,500,000.000 UNITS
06/15/22 INTEREST RECEIVED 236.17
TOYOTA AUTO RECEIVAB 0.260% 5/15/25
CUSIP 89240BAC2
$0.00022/PV ON 1,090,000.00 PV
DUE 6/15/22
06/15/22 INTEREST RECEIVED 116.89
TOYOTA AUTO RECEIVAB 0.350% 1/15/25
CUSIP 89236XAC0
$0.00029/PV ON 400,759.46 PV
DUE 6/15/22
989
CC 08-16-2022
989 of 1555
PAGE 31

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/15/22 29,534.27- PAID DOWN 29,534.27 29,528.77- 5.50 TOYOTA AUTO RECEIVAB 0.350% 1/15/25
CUSIP 89236XAC0
06/15/22 INTEREST RECEIVED 254.42
TOYOTA AUTO RECEIVAB 0.710% 4/15/26
CUSIP 89238JAC9
$0.00059/PV ON 430,000.00 PV
DUE 6/15/22
06/21/22 INTEREST RECEIVED 1,878.33
TOYOTA LEASE OWN ABS 1.960% 2/20/25
CUSIP 89238LAC4
$0.00163/PV ON 1,150,000.00 PV
DUE 6/20/22
06/21/22 REVERSAL 227.50-

INTEREST RECEIVED
TOYOTA LEASE OWNER 0.390% 4/22/24
CUSIP 89238EAC0
AN10 INCORRECT POSTING
06/21/22 INTEREST RECEIVED 227.50
TOYOTA LEASE OWNER 0.390% 4/22/24
CUSIP 89238EAC0
06/21/22 INTEREST RECEIVED 227.50
TOYOTA LEASE OWNER 0.390% 4/22/24
CUSIP 89238EAC0
06/21/22 INTEREST RECEIVED 7,790.63
TOYOTA MOTOR CREDIT 1.125% 6/18/26
CUSIP 89236TJK2
INTEREST ON 1,385,000.000 UNITS
990
CC 08-16-2022
990 of 1555
PAGE 32

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/30/22 INTEREST RECEIVED 18,375.00
US TREASURY NOTE 1.750% 12/31/24
CUSIP 912828YY0
INTEREST ON 2,100,000.000 UNITS
06/30/22 INTEREST RECEIVED 20,000.00
US TREASURY NOTE 2.000% 6/30/24
CUSIP 912828XX3
INTEREST ON 2,000,000.000 UNITS
06/30/22 INTEREST RECEIVED 16,875.00
US TREASURY NOTE 2.250% 12/31/23
CUSIP 912828V23
INTEREST ON 1,500,000.000 UNITS
06/21/22 INTEREST RECEIVED 313.33
VERIZON OWNER TRUST 0.470% 2/20/25
CUSIP 92290BAA9
$0.00039/PV ON 800,000.00 PV
DUE 6/20/22
06/21/22 INTEREST RECEIVED 333.62
VERIZON OWNER TRUST 1.940% 4/22/24
CUSIP 92348AAA3
$0.00162/PV ON 206,363.29 PV
DUE 6/20/22
06/21/22 32,598.67- PAID DOWN 32,598.67 32,596.16- 2.51 VERIZON OWNER TRUST 1.940% 4/22/24
CUSIP 92348AAA3
AT $257.5495 ON TRADE DATE 06/20/2022
TO SETTLE ON 06/21/2022
06/21/22 INTEREST RECEIVED 4,616.50
VR BANK OF AMERICA 1.319% 6/19/26
CUSIP 06051GJD2
INTEREST ON 700,000.000 UNITS
991
CC 08-16-2022
991 of 1555
PAGE 33

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/27/22 INTEREST RECEIVED 2,550.00
VR FED HOME LN MTG 3.060% 7/25/23
CUSIP 3137B4WB8
06/27/22 INTEREST RECEIVED 2,639.42
VR FHLMC MULTIFAMI 3.334% 8/25/25
CUSIP 3137BLW95
$0.00278/PV ON 950,000.00 PV
DUE 6/25/22
06/27/22 INTEREST RECEIVED 2,939.17
VR FHLMC MULTIFAMILY 3.527% 10/25/23
CUSIP 3137B7MZ9
$0.00294/PV ON 1,000,000.00 PV
DUE 6/25/22
06/27/22 INTEREST RECEIVED 2,942.50
VR FHLMC MULTIFAMILY 3.531% 7/25/23
CUSIP 3137B5JM6
$0.00294/PV ON 1,000,000.00 PV
DUE 6/25/22
06/01/22 INTEREST RECEIVED 5,644.40
VR JPMORGAN CHASE & 0.824% 6/01/25
CUSIP 46647PCH7
INTEREST ON 1,370,000.000 UNITS
06/23/22 INTEREST RECEIVED 3,173.48
VR JPMORGAN CHASE & 0.969% 6/23/25
CUSIP 46647PCK0
INTEREST ON 655,000.000 UNITS

TRANSFER RECEIPTS
06/01/22 ADDITION TO ACCOUNT 7.83

TRANSFER FROM INCOME
992
CC 08-16-2022
992 of 1555
PAGE 34

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/02/22 ADDITION TO ACCOUNT 5,722.10

TRANSFER FROM INCOME
06/06/22 ADDITION TO ACCOUNT 7,225.96

TRANSFER FROM INCOME
06/08/22 ADDITION TO ACCOUNT 35,437.50

TRANSFER FROM INCOME
06/10/22 ADDITION TO ACCOUNT 6,125.00

TRANSFER FROM INCOME
06/13/22 ADDITION TO ACCOUNT 19,875.00

TRANSFER FROM INCOME
06/14/22 ADDITION TO ACCOUNT 21,562.50

TRANSFER FROM INCOME
06/15/22 ADDITION TO ACCOUNT 13,839.92

TRANSFER FROM INCOME
06/16/22 ADDITION TO ACCOUNT 1,634.73

TRANSFER FROM INCOME
06/17/22 ADDITION TO ACCOUNT 6,559.75

TRANSFER FROM INCOME
06/21/22 ADDITION TO ACCOUNT 17,532.54

TRANSFER FROM INCOME
06/23/22 ADDITION TO ACCOUNT 2,858.02

TRANSFER FROM INCOME
06/27/22 ADDITION TO ACCOUNT 19,066.64

TRANSFER FROM INCOME
993
CC 08-16-2022
993 of 1555
PAGE 35

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/28/22 ADDITION TO ACCOUNT 4,393.08

TRANSFER FROM INCOME
06/30/22 ADDITION TO ACCOUNT 63,036.46

TRANSFER FROM INCOME

INVESTMENT MANAGEMENT EXPENSES
06/06/22 INVESTMENT MGMT FEE 9,130.65-

PAID TO BRIDGE BANK
CHANDLER ASSET MGMT FEE PD 05/2022

TRANSFER DISBURSEMENTS
06/01/22 TRANSFER TO PRINCIPAL 7.83-
06/02/22 TRANSFER TO PRINCIPAL 5,722.10-
06/06/22 TRANSFER TO PRINCIPAL 7,225.96-
06/08/22 TRANSFER TO PRINCIPAL 35,437.50-
06/10/22 TRANSFER TO PRINCIPAL 6,125.00-
06/13/22 TRANSFER TO PRINCIPAL 19,875.00-
06/14/22 TRANSFER TO PRINCIPAL 21,562.50-
06/15/22 TRANSFER TO PRINCIPAL 13,839.92-
06/16/22 TRANSFER TO PRINCIPAL 1,634.73-
06/17/22 TRANSFER TO PRINCIPAL 6,559.75-
06/21/22 TRANSFER TO PRINCIPAL 17,532.54-
994
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994 of 1555
PAGE 36

STATEMENT OF TRANSACTIONS CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/23/22 TRANSFER TO PRINCIPAL 2,858.02-
06/27/22 TRANSFER TO PRINCIPAL 19,066.64-
06/28/22 TRANSFER TO PRINCIPAL 4,393.08-
06/30/22 TRANSFER TO PRINCIPAL 63,036.46-
================================================================================================================= ENDING BALANCE 0.00 155,773,883.32
¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
995
CC 08-16-2022
995 of 1555
INVESTMENT AND INSURANCE PRODUCTS ARE:
• NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) OR ANY FEDERAL GOVERNMENT AGENCY • NOT A DEPOSIT, OBLIGATION OF, OR GUARANTEED BY ANY BANK OR BANKING AFFILIATE • SUBJECT TO INVESTMENT RISKS AND MAY LOSE VALUE, INCLUDING POSSIBLE LOSS OF PRINCIPAL AMOUNT INVESTED PAGE 37

PENDING TRADES SCHEDULE CITY OF CUPERTINO
FOR THE PERIOD JUNE 1, 2022 THROUGH JUNE 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

PENDING TRADES SCHEDULE

TRADE SETTLE ACCRUED DUE TO/FROM MONTH END

PAR VALUE/SHARES DESCRIPTION DATE DATE INTEREST BROKER MARKET VALUE ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯

PENDING PURCHASES
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,170,000 NW MUTUAL GLOBAL 4.000% 7/01/25 06/27/22 07/01/22 0.00 1,169,602.20- 1,176,084.00 PRICE: 99.9660
CUSIP 66815L2J7
==================================================================================================================================== TOTAL PENDING PURCHASES 0.00 1,169,602.20- 1,176,084.00 ____________________________________________________________________________________________________________________________________ NET PENDING TRADES 0.00 1,169,602.20- 1,176,084.00
996
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996 of 1555

CITY OF CUPERTINO
PARS Post-Employment Benefits Trust 6/1/2022 to 6/30/2022 Kristina Alfaro
Director of Administrative Services
City of Cupertino
10300 Torre Ave.

Cupertino, CA 95014
Account Summary
Source 6/1/2022 Contributions Earnings Expenses Distributions Transfers 6/30/2022 OPEB 1001 $33,524,972.07 $0.00 -$2,175,100.43 $10,010.56 $0.00 $0.00 $31,339,861.08 PENSION 1002 $16,302,481.20 $2,000,000.00 -$1,057,562.36 $4,867.91 $0.00 $0.00 $17,240,050.93 Totals $49,827,453.27 $2,000,000.00 -$3,232,662.79 $14,878.47 $0.00 $0.00 $48,579,912.01 Investment Selection
Source
OPEB

PENSION
Investment Objective
Source
OPEB

PENSION
Investment Return
Source 1-Month 3-Months 1-Year 3-Years 5-Years 10-Years OPEB -6.49% -13.02% -17.30% 2.73% 4.39% 5.71% 6/21/2010 PENSION -6.46% -12.99% -17.28% 3.96% - - 3/26/2019
Information as provided by US Bank, Trustee for PARS; Not FDIC Insured; No Bank Guarantee; May Lose Value Headquarters - 4350 Von Karman Ave., Suite 100, Newport Beach, CA 92660 800.540.6369 Fax 949.250.1250 www.pars.org Account balances are inclusive of Trust Administration, Trustee and Investment Management fees Annualized Return
Investment Return: Annualized rate of return is the return on an investment over a period other than one year multiplied or divided to give a comparable one-year return.

Past performance does not guarantee future results. Performance returns may not reflect the deduction of applicable fees, which could reduce returns. Information is deemed reliable but may be subject to change.

Individual account based on US Bank Balanced MM. Dual goals are to provide a moderate amount of current income with moderate capital growth.

Income production and longer term growth of capital.

Account Report for the Period
Balance as of
City of Cupertino - OPEB
Balance as of
Individual account based on US Bank Balanced MM. Dual goals are to provide a moderate amount of current income with moderate capital growth.

Income production and longer term growth of capital.

City of Cupertino - PEN
Plan's Inception Date
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City of Cupertino
PARS 115 Trust – OPEB Prefunding Program and
Pension Rate Stabilization Program Client Review
July 25, 2022
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City of Cupertino ▎ 2
Contacts
Mitch Barker
Executive Vice President
(949) 310-4876
[email protected]
Angela Tang
Senior Coordinator, Client Services
(800) 540-6369 x159
[email protected]
Ryan Maxey
Vice President, Relationship Manager
(503) 464-3789
[email protected]
Rick Rosenthal
Vice President, Senior Portfolio Manager
(213) 359-7954
[email protected]
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City of Cupertino ▎ 3
Pars Trust Team
Trust Administrator & Consultant
• Serves as record-keeper, consultant,
and central point of contact
• Sub-trust account valuations
• Hands-on, dedicated support teams
• Processes contributions/disbursements
• Coordinates all agency services
• Ongoing plan compliance
(IRS/GASB/Government Code)
Corporate Experience
Dollars under Administration
38 years (1984-2022)
Over $6.2 billion
Investment Manager & Trustee
• Custodian of assets
• Investment fiduciary/oversight
of plan assets
• Manage program portfolios
• Investment policy assistance
• Open architecture with active
and index platform
Corporate Experience
Dollars under Administration
159 years (1863–2022)
Over $9.0 trillion
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Subaccounts
OPEB and pension assets are
individually sub-accounted,
and can be divided by dept.,
bargaining group, or cost center.

Assets in the PARS Section 115
Combination Trust can be used
to address unfunded liabilities.

Financial Stability
Allows separate investment
strategies for OPEB and
pension subaccounts.

Flexible Investing
OPEB and pension assets
aggregate and reach lower fees
on tiered schedule sooner –
saving money!
Anytime Access Economies-of-Scale
Trust funds are available
anytime; OPEB for OPEB
and pension for pension.

No set-up costs, no minimum
annual contribution amounts,
and no fees until assets are added.

No Set Up Cost or Minimums
Retiree Medical Benefits
Prefund OPEB GASB 75
OPEB
$31.3 M
Reimburse agency; or
Pay benefits provider
Pension Rate Stabilization Program
Prefund Pension (PRSP) GASB 68
Pension
$17.2 M
Reimburse agency; or
Pay retirement system
Assets can be used to: Assets can be used to:
prefund
either or both
General Fund
PARS IRS-Approved Section 115 Trust
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Plan Type: IRC Section 115 Irrevocable Exclusive Benefit Trust Trustee Approach: Discretionary
Plan Effective Date: February 17, 2010
Plan Administrator: Director of Administrative Services Current Investment Strategy: U.S. Bank Balanced Multi‐Manager; Individual Account Summary of Agency’s opebPlan
AS OF JUNE 30, 2022:

Initial Contribution: June 2010: $7,000,000
Additional Contributions: $12,300,000
Total Contributions: $19,300,000
Disbursements: $0
Total Investment Earnings: $13,109,869
Account Balance: $31,339,861
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Summary of Agency’s opebPlan
*Plan Year Ending June 2010 is based on 1 month of activity.

HISTORY OF CONTRIBUTIONS, DISBURSEMENTS, AND TOTAL ASSETS AS OF JUNE 30, 2022:
$0
$5,000,000
$10,000,000
$15,000,000
$20,000,000
$25,000,000
$30,000,000
$35,000,000
$40,000,000
Plan Year Ending
Contributions
Disbursements
Total Assets
Year Contributions Disbursements Total Assets
Jun-10* $7,000,000 $0 $6,985,379
Jun-11 $2,000,000 $0 $9,742,816
Jun-12 $900,000 $0 $10,810,484
Jun-13 $1,400,000 $0 $13,358,376
Jun-14 $0 $0 $15,054,002
Jun-15 $8,000,000 $0 $23,113,331
Jun-16 $0 $0 $22,834,090
Jun-17 $0 $0 $25,745,075
Jun-18 $0 $0 $28,056,145
Jun-19 $0 $0 $29,218,234
Jun-20 $0 $0 $29,370,249
Jun-21 $0 $0 $38,025,046
Jun-22 $0 $0 $31,339,861
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• We have received the actuarial report by Cheiron dated September 22, 2021 with a measurement date as of June 30, 2021. In the table below, we have summarized the results.

OPEB Actuarial Results
Demographic Study Measurement Date
June 30, 2020
Measurement Date
June 30, 2021
Actives 176 173
Retirees 127 137
Beneficiaries 11 11
Total 314 321
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OPEB Actuarial Results
Measurement Date:

June 30, 2020
Discount Rate: 6.50%
Measurement Date
June 30, 2021
Discount Rate: 6.50%
Total OPEB Liability (TOL) $31,338,000 $28,626,000
Fiduciary Net Position $29,370,000 $38,025,000
Net OPEB Liability (NOL) $1,968,000 ($9,399,000)
Funded Ratio (%) 93.72% 132.8%
Actuarially Determined
Contribution (ADC)
$1,401,000
for FY 2019-20
$124,000
for FY 2020-21
Annual Benefit Payments
(Pay-as-you-Go)
$1,490,000
for FY 2019-20
$1,550,000
for FY 2020-21
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Plan Type: IRC Section 115 Irrevocable Exclusive Benefit Trust Trustee Approach: Discretionary
Plan Effective Date: May 15, 2018
Plan Administrator: Director of Administrative Services Current Investment Strategy: U.S. Bank Balanced Multi‐Manager; Individual Account Summary of Agency’s Pension Plan
AS OF JUNE 30, 2022:

Initial Contribution: March 2019: $8,000,000
Additional Contributions: $8,000,000
Total Contributions: $16,000,000
Disbursements: $0
Total Investment Earnings: $1,394,851
Account Balance: $17,240,051
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Summary of Agency’s pension Plan
*Plan Year Ending June 2019 is based on 4 months of activity.

HISTORY OF CONTRIBUTIONS, DISBURSEMENTS, AND TOTAL ASSETS AS OF JUNE 30, 2022:
$0
$2,000,000
$4,000,000
$6,000,000
$8,000,000
$10,000,000
$12,000,000
$14,000,000
$16,000,000
$18,000,000
$20,000,000
Jun-19 Jun-20 Jun-21 Jun-22
Plan Year Ending
Contributions
Disbursements
Total Assets
Year Contributions Disbursements Total Assets
Jun-19* $8,000,000 $0 $8,119,289
Jun-20 $4,000,000 $0 $12,725,224
Jun-21 $2,000,000 $0 $18,491,004
Jun-22 $2,000,000 $0 $17,240,051
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Combined Miscellaneous Groups Valuation as of
June 30, 2019
Valuation as of
June 30, 2020 Change
Actuarial Liability $148.2 M $157.6 M 6.1% ↑
Assets $99.4 M $103.8 M 4.5% ↑
Unfunded Liability $49.2 M $53.8 M 9.5% ↑
Funded Ratio 66.9% 65.9% 1.6% ↓
Employer Contribution Amount $5.8 M
(FY 20-21)
$6.2 M
(FY 21-22) 6.1% ↑
Employer Contribution Amount – Projected* ---
$7.2 M
(FY 27-28) 16.8% ↑
Pension Funding Status
As of June 30, 2020, City of Cupertino’s CalPERS pension plan is funded as follows*:
* Data through 2027-28 from Agency’s latest CalPERS actuarial valuation. 1008
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U.S. Bank Confidential U.S. Bank Confidential
Investment and insurance products and services including annuities are:NOT A DEPOSIT ● NOT FDIC INSURED ● MAY LOSE VALUE ● NOT BANK GUARANTEED ● NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY PARS/CITY OF CUPERTINO 115POPEB & PENSION ACCOUNTS
U.S. Bank Institutional Asset Management
June 30, 2022
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Table of Contents
 Section 1 – PORTFOLIO REVIEW
 PARS/CITY OF CUPERTINO 115P - OPEB (X9600)
• History of Asset Growth• Account Performance• Asset Allocation• Holdings  PARS/CITY OF CUPERTINO 115P – PENSION (X9601)
• History of Asset Growth• Account Performance• Asset Allocation• Holdings  Section 2 – ECONOMIC OUTLOOK Section 3 – DISCLOSURES, DEFINITIONS, DESCRIPTIONS 13 1010
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PORTFOLIO REVIEW
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PARS/CITY OF CUPERTINO OPEB AGG
AGG460596 Period Ending: 06/30/2022History of Asset Growth Graphs Ending Market Values Over Time
Annual Portfolio ValuesAllocation Over Time
Jan 2017- Jan 2018- Jan 2019- Jan 2020- Jan 2021- Jan 2022- Consolidated Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Jun 2022 Beginning Portfolio Value 23,808,269 23,808,269 27,914,893 25,771,054 31,154,264 35,029,500 38,702,738Contributions 28,325,739 2 15 28,325,715 2 1 3Withdrawals -28,955,070 -106,702 -113,476 -28,432,997 -110,991 -128,524 -62,381Income Earned 3,008,961 452,364 548,841 695,433 482,644 640,255 189,425Gain/Loss 5,160,162 3,760,960 -2,579,219 4,795,058 3,503,582 3,161,506 -7,481,725Ending Portfolio Value 31,348,060 27,914,893 25,771,054 31,154,264 35,029,500 38,702,738 31,348,060Total Return 5.45 17.73 -7.30 20.89 12.85 10.86 -18.86 2017 2018 2019 2020 2021 2022
0 20406080
100
Total Equity Total Fixed Income
% Total Real Assets Total Cash Eqv
2017 2018 2019 2020 2021 2022
24M26M28M30M32M34M36M38M40M42M$
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Custom Benchmark
Asset Class Benchmark Range Target Actual
Equities MSCI AC World Free Index 50%‐70% 63% 65.7%
Fixed Income BBARC Global Aggregate Index 20%‐40% 29% 28.2% Real Estate S&P Global REIT TR USD 0%‐15% 5% 5.1%
Commodities S&P GSCI Commodity Index 0%‐10% 2% 0%
Cash FTSE 3‐Mo US T‐Bill Index 0%‐10% 1% 1%

CITY OF CUPERTINO
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PARS/CITY OF CUPERTINO OPEB AGG
AGG460596 Period Ending: 06/30/2022Selected Period Performance Year Inception
to Date to Date
Market Value 3 Months (6 Months) 1 Year 3 Years 5 Years 97 Months 07/01/2010 Total Portfolio Gross of Fees 31,348,060 -13.01 -18.86 -17.28 2.75 4.34 4.35 5.77Total Portfolio Net of Fees 31,348,060 -13.05 -18.93 -17.43 2.55 4.14 4.14 City of Cupertino -13.02 -17.08 -13.78 3.93 5.27 4.35 6.65Total Equity 20,233,127 -16.37 -22.77 -21.45 6.38 7.29 7.29 10.45 MSCI ACWI (Net) -15.66 -20.18 -15.75 6.21 7.00 6.36 9.02U.S. Equity 14,558,581 -17.86 -23.06 -18.93 6.53 8.10 8.72 S&P 500 Index (Total Return) -16.10 -19.96 -10.62 10.60 11.31 10.83 13.68 S&P MidCap 400 Index -15.42 -19.54 -14.64 6.87 7.02 8.05 11.84 S&P SmallCap 600 Index -14.11 -18.94 -16.81 7.30 7.20 8.53 12.34Developed Markets Equity 3,748,382 -13.39 -21.79 -27.25 9.00 7.41 5.12 MSCI EAFE Index (Net) -14.51 -19.57 -17.77 1.07 2.20 1.91 5.49Emerging Markets Equity 1,926,163 -10.33 -22.98 -30.88 -.96 .34 -.19 MSCI Emerging Markets Index (Net) -11.45 -17.63 -25.28 .57 2.18 2.07 3.16Total Fixed Income 9,298,704 -4.90 -9.93 -9.58 -3.13 -.71 .06 1.44 BBARC Global Aggregate Index -8.26 -13.91 -15.25 -3.22 -.55 -.38 1.15 BBARC US Aggregate Bond Index -4.69 -10.35 -10.29 -.93 .88 1.47 2.22Total Real Assets 1,506,040 -16.99 -20.29 -8.18 3.48 4.25Real Estate 1,506,040 -16.99 -20.29 -8.18 3.48 4.56 5.95 S&P Global REIT Index (Gross) -17.00 -20.00 -9.83 1.43 3.87 4.71 8.57 S&P GSCI Index 2.01 35.80 45.05 14.69 11.67 -3.44 -.55Total Cash Equivalents 310,189 .14 .15 .16 .48 .91 .64 .44 ICE BofAML US 3-Month Treasury Bill Index .10 .14 .17 .63 1.11 .77 .55Pending Cash 0 .00 .00 .00 .00 .00 .00 .00 16 1014
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PARS/CITY OF CUPERTINO OPEB AGG
AGG460596 Period Ending: 06/30/2022Asset Allocation Analysis Graph Market Value by Asset Class Market Value by Asset Class Pie Chart % of
Market Value Mkt Val
Total Equity $ 20,233,127 64.5 %Total Fixed Income $ 9,298,704 29.7 %Total Real Assets $ 1,506,040 4.8 %Total Cash Eqv $ 310,189 1.0 %Total $ 31,348,060 100.0 %

1.04.8 29.7

64.5 $31.3M
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PARS/CITY OF CUPERTINO 115P - OPEB
Portfolio Holdings
Account: XXXXXX9600 Holdings Method: Direct Report Date: 06/30/2022 © 2019 FactSet Research Systems Inc. All rights reserved. Past Performance is no guarantee of future results.

Not A Deposit | Not FDIC Insured | May Lose Value | Not Bank Guaranteed | Not Insured By Any Federal Government Agency Material is based on data from sources deemed to be reliable, accuracy/completeness is not guaranteed.

Holdings Date: 6/30/2022
Symbol
% of
Port. Price
Shares/
Units
Portfolio
Value
Cost
Basis
Unrealized
Gain/Loss
Current
Yield
Projected
Annual
Income
Total 100.0 31,318,831 29,478,191 1,840,640 1.85 577,899 Cash .99 309,860 309,860 .00 1.26 3,906
Cash Equivalents .99 309,860 309,860 .00 1.26 3,906
FIRST AM GOVT OB FD CL Z 31846V567 .99 1.00 309,860 309,860 309,860 .00 1.26 3,906 Fixed Income 29.60 9,269,803 7,721,710 1,548,093 3.06 283,934 Investment Grade 24.59 7,701,226 5,927,896 1,773,330 2.43 186,918 Mutual Funds & ETFs 24.59 7,701,226 5,927,896 1,773,330 2.43 186,918 DoubleLine Total Return Bond Fund Class I DBLTX 8.20 9.35 274,775 2,569,144 2,024,933 544,210 3.41 87,653 Fidelity U.S. Bond Index Fund FXNAX 8.23 10.64 242,173 2,576,716 1,309,185 1,267,531 2.09 53,762 TIAA-CREF Short-Term Bond Fd Institutio… TISIX 8.16 9.94 257,079 2,555,366 2,593,778 -38,411 1.78 45,503 High Yield 5.01 1,568,577 1,793,814 -225,237 6.18 97,016 Mutual Funds & ETFs 5.01 1,568,577 1,793,814 -225,237 6.18 97,016 Artisan High Income Fund - Institutional Sh… APHFX 5.01 8.65 181,338 1,568,577 1,793,814 -225,237 6.18 97,016 Equity 64.60 20,233,127 19,586,210 646,917 1.24 251,589 Large Cap U.S. Equity 29.57 9,262,293 10,479,248 -1,216,955 0.54 49,588 Mutual Funds & ETFs 29.57 9,262,293 10,479,248 -1,216,955 0.54 49,588 Harbor Capital Appreciation Fund - Retire… HNACX 14.65 64.99 70,582 4,587,134 5,007,687 -420,553 0.00 0 John Hancock Fds III Disciplined Value Fu… JVLIX 14.93 20.93 223,371 4,675,159 5,471,561 -796,402 1.06 49,588 Mid Cap U.S. Equity 11.83 3,706,473 1,446,771 2,259,702 1.47 54,503 Mutual Funds & ETFs 11.83 3,706,473 1,446,771 2,259,702 1.47 54,503 Fidelity Mid Cap Index Fund FSMDX 11.83 24.89 148,914 3,706,473 1,446,771 2,259,702 1.47 54,503 Small Cap U.S. Equity 5.08 1,589,816 1,597,104 -7,288 0.33 5,298 Mutual Funds & ETFs 5.08 1,589,816 1,597,104 -7,288 0.33 5,298 Boston Trust Walden Small Cap Fund BOSOX 5.08 15.27 104,114 1,589,816 1,597,104 -7,288 0.33 5,298 Developed Markets Equity 11.97 3,748,382 4,478,073 -729,691 3.79 142,199 Mutual Funds & ETFs 11.97 3,748,382 4,478,073 -729,691 3.79 142,199 Fidelity International Index Fund FSPSX 11.97 39.83 94,110 3,748,382 4,478,073 -729,691 3.79 142,199 Emerging Markets Equity 6.15 1,926,163 1,585,014 341,150 0.00 0 Mutual Funds & ETFs 6.15 1,926,163 1,585,014 341,150 0.00 0 Baron Emerging Markets Fd Inst Shs BEXIX 6.15 13.54 142,257 1,926,163 1,585,014 341,150 0.00 0 19 1016
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PARS/CITY OF CUPERTINO 115P - OPEB
Portfolio Holdings
Account: XXXXXX9600 Holdings Method: Direct Report Date: 06/30/2022 © 2019 FactSet Research Systems Inc. All rights reserved. Past Performance is no guarantee of future results.

Not A Deposit | Not FDIC Insured | May Lose Value | Not Bank Guaranteed | Not Insured By Any Federal Government Agency Material is based on data from sources deemed to be reliable, accuracy/completeness is not guaranteed.

Holdings Date: 6/30/2022
Symbol
% of
Port. Price
Shares/
Units
Portfolio
Value
Cost
Basis
Unrealized
Gain/Loss
Current
Yield
Projected
Annual
Income
Real Assets 4.81 1,506,040 1,860,411 -354,371 2.55 38,469 U.S. Listed Real Estate 4.81 1,506,040 1,860,411 -354,371 2.55 38,469 iShares Core U.S. REIT ETF USRT 4.81 53.40 28,203 1,506,040 1,860,411 -354,371 2.55 38,469 20 1017
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PARS/CITY OF CUPERTINO 115P - OPEB
Fixed Income Holdings
Account: XXXXXX9600 Holdings Method: Direct Report Date: 06/30/2022 © 2019 FactSet Research Systems Inc. All rights reserved. Past Performance is no guarantee of future results.

Not A Deposit | Not FDIC Insured | May Lose Value | Not Bank Guaranteed | Not Insured By Any Federal Government Agency Material is based on data from sources deemed to be reliable, accuracy/completeness is not guaranteed.

Holdings Date: 6/30/2022
Symbol
% of
Fixed
Income
Portfolio
Value
Projected
Annual
Income
Current
Yield
Yield to
Maturity
Effective
Duration
Effective
Maturity
Avg.

Quality
Total 100.00 9,269,803 283,934 3.06 4.43 4.06 4.64 BBBInvestment Grade 83.10 7,701,226 186,918 2.43 3.91 4.35 4.64 BBB+ Mutual Funds & ETFs 83.10 7,701,226 186,918 2.43 3.91 4.35 4.64 BBB+ DoubleLine Total Return Bond Fund Class I DBLTX 27.70 2,569,144 87,653 3.41 4.45 5.06 7.21 BB Fidelity U.S. Bond Index Fund FXNAX 27.80 2,576,716 53,762 2.09 NA 6.41 NA AA TIAA-CREF Short-Term Bond Fd Institutional Cl... TISIX 27.60 2,555,366 45,503 1.78 3.37 1.57 2.06 BBB High Yield 16.90 1,568,577 97,016 6.18 6.12 2.64 NA B
Mutual Funds & ETFs 16.90 1,568,577 97,016 6.18 6.12 2.64 NA B Artisan High Income Fund - Institutional Shar... APHFX 16.90 1,568,577 97,016 6.18 6.12 2.64 NA B 21 1018
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PARS/CITY OF CUPERTINO 115P- PENSION
ACCT XXXXX9601 Period Ending: 06/30/2022
History of Asset Growth Graphs
Ending Market Values Over Time
Annual Portfolio ValuesAllocation Over Time
May 2019- Jan 2020- Jan 2021- Jan 2022-
Consolidated Dec 2019 Dec 2020 Dec 2021 Jun 2022
Beginning Portfolio Value 8,073,518 8,073,518 8,657,991 15,177,347 18,820,778Contributions 8,000,006 1 4,000,002 2,000,000 2,000,002Withdrawals -153,480 -20,472 -43,099 -59,572 -30,337Income Earned 743,205 155,938 193,205 301,788 92,273Gain/Loss 580,789 449,006 2,369,247 1,401,215 -3,638,679Ending Portfolio Value 17,244,038 8,657,991 15,177,347 18,820,778 17,244,038Total Return 3.94 7.51 17.09 10.54 -18.77 2019 2020 2021 2022
0 20406080
100
Total Equity Total Fixed Income
% Total Real Assets Total Cash Eqv
2019 2020 2021 2022
8M
10M12M14M16M18M20M$
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Custom Benchmark
Asset Class Benchmark Range Target Actual
Equities MSCI AC World Free Index 50%‐70% 63% 65.7%
Fixed Income BBARC Global Aggregate Index 20%‐40% 29% 28.2% Real Estate S&P Global REIT TR USD 0%‐15% 5% 5.1%
Commodities S&P GSCI Commodity Index 0%‐10% 2% 0%
Cash FTSE 3‐Mo US T‐Bill Index 0%‐10% 1% 1%

CITY OF CUPERTINO
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PARS/CITY OF CUPERTINO 115P- PENSION
6746059601 Period Ending: 06/30/2022Selected Period Performance Year Inception
to Date to Date
Market Value 3 Months (6 Months) 1 Year 3 Years 05/01/2019 Total Portfolio Gross of Fees 17,244,038 -12.91 -18.77 -17.19 3.96 3.94Total Portfolio Net of Fees 17,244,038 -12.95 -18.84 -17.34 3.76 3.76 City of Cupertino -13.02 -17.08 -13.78 3.93 4.16Total Equity 9,838,934 -16.37 -22.77 -21.45 6.42 5.99 MSCI ACWI (Net) -15.66 -20.18 -15.75 6.21 5.95U.S. Equity 7,079,530 -17.86 -23.06 -18.93 6.53 6.21 S&P 500 Index (Total Return) -16.10 -19.96 -10.62 10.60 10.10 S&P MidCap 400 Index -15.42 -19.54 -14.64 6.87 6.18 S&P SmallCap 600 Index -14.11 -18.94 -16.81 7.30 6.25Developed Markets Equity 1,822,754 -13.39 -21.79 -27.25 9.01 8.14 MSCI EAFE Index (Net) -14.51 -19.57 -17.77 1.07 1.28Emerging Markets Equity 936,650 -10.33 -22.98 -30.88 -.95 -1.15 MSCI Emerging Markets Index (Net) -11.45 -17.63 -25.28 .57 .07Total Fixed Income 4,521,763 -4.90 -9.93 -9.58 -3.09 -2.24 BBARC Global Aggregate Index -8.26 -13.91 -15.25 -3.22 -1.96 BBARC US Aggregate Bond Index -4.69 -10.35 -10.29 -.93 .06Total Real Assets 732,328 -16.99 -20.29 -8.18 3.51 3.90Real Estate 732,328 -16.99 -20.29 -8.18 3.51 3.90 S&P Global REIT Index (Gross) -17.00 -20.00 -9.83 1.43 1.97 S&P GSCI Index 2.01 35.80 45.05 14.69 12.36Total Cash Equivalents 2,151,013 .07 .08 .09 .45 .54 ICE BofAML US 3-Month Treasury Bill Index .10 .14 .17 .63 .74Pending Cash 0 .00 .00 .00 .00 .00 24 1021
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Period Ending: 06/30/2022
Asset Allocation Analysis Graph Market Value by Asset Class Market Value by Asset Class Pie Chart % of
Market Value Mkt Val
Total Equity $ 9,838,934 57.1 %Total Fixed Income $ 4,521,763 26.2 %Total Cash Eqv $ 2,151,013 12.5 %Total Real Assets $ 732,328 4.2 %Total $ 17,244,038 100.0 %

4.2 12.5

57.1 26.2
$17.2M
ACCT XXXXX9601
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PARS/CITY OF CUPERTINO 115P- PENSION
Portfolio Holdings
Account: XXXXXX9601 Holdings Method: Direct Report Date: 06/30/2022 © 2019 FactSet Research Systems Inc. All rights reserved. Past Performance is no guarantee of future results.

Not A Deposit | Not FDIC Insured | May Lose Value | Not Bank Guaranteed | Not Insured By Any Federal Government Agency Material is based on data from sources deemed to be reliable, accuracy/completeness is not guaranteed.

Holdings Date: 6/30/2022
Symbol
% of
Port. Price
Shares/
Units
Portfolio
Value
Cost
Basis
Unrealized
Gain/Loss
Current
Yield
Projected
Annual
Income
Total 100.0 17,229,686 17,820,605 -590,919 1.78 306,234 Cash 12.48 2,150,715 2,150,715 .00 1.26 27,114
Cash Equivalents 12.48 2,150,715 2,150,715 .00 1.26 27,114 FIRST AM GOVT OB FD CL Z 31846V567 12.48 1.00 2,150,715 2,150,715 2,150,715 .00 1.26 27,114 Fixed Income 26.16 4,507,709 4,572,334 -64,625 3.06 138,071 Investment Grade 21.74 3,744,943 3,700,038 44,906 2.43 90,894 Mutual Funds & ETFs 21.74 3,744,943 3,700,038 44,906 2.43 90,894 DoubleLine Total Return Bond Fund Class I DBLTX 7.25 9.35 133,617 1,249,320 1,090,968 158,353 3.41 42,624 Fidelity U.S. Bond Index Fund FXNAX 7.27 10.64 117,763 1,253,003 1,347,771 -94,768 2.09 26,143 TIAA-CREF Short-Term Bond Fd Institutio… TISIX 7.21 9.94 125,012 1,242,621 1,261,299 -18,679 1.78 22,127 High Yield 4.43 762,766 872,296 -109,530 6.18 47,177
Mutual Funds & ETFs 4.43 762,766 872,296 -109,530 6.18 47,177 Artisan High Income Fund - Institutional Sh… APHFX 4.43 8.65 88,181 762,766 872,296 -109,530 6.18 47,177 Equity 57.10 9,838,934 10,192,912 -353,978 1.24 122,342 Large Cap U.S. Equity 26.14 4,504,057 5,251,449 -747,392 0.54 24,114 Mutual Funds & ETFs 26.14 4,504,057 5,251,449 -747,392 0.54 24,114 Harbor Capital Appreciation Fund - Retire… HNACX 12.95 64.99 34,323 2,230,626 2,590,799 -360,173 0.00 0 John Hancock Fds III Disciplined Value Fu… JVLIX 13.19 20.93 108,621 2,273,431 2,660,650 -387,219 1.06 24,114 Mid Cap U.S. Equity 10.46 1,802,379 1,056,170 746,209 1.47 26,503 Mutual Funds & ETFs 10.46 1,802,379 1,056,170 746,209 1.47 26,503 Fidelity Mid Cap Index Fund FSMDX 10.46 24.89 72,414 1,802,379 1,056,170 746,209 1.47 26,503 Small Cap U.S. Equity 4.49 773,094 776,638 -3,544 0.33 2,576 Mutual Funds & ETFs 4.49 773,094 776,638 -3,544 0.33 2,576 Boston Trust Walden Small Cap Fund BOSOX 4.49 15.27 50,628 773,094 776,638 -3,544 0.33 2,576 Developed Markets Equity 10.58 1,822,754 2,177,588 -354,834 3.79 69,148 Mutual Funds & ETFs 10.58 1,822,754 2,177,588 -354,834 3.79 69,148 Fidelity International Index Fund FSPSX 10.58 39.83 45,763 1,822,754 2,177,588 -354,834 3.79 69,148 Emerging Markets Equity 5.44 936,650 931,068 5,582 0.00 0 Mutual Funds & ETFs 5.44 936,650 931,068 5,582 0.00 0
Baron Emerging Markets Fd Inst Shs BEXIX 5.44 13.54 69,177 936,650 931,068 5,582 0.00 0 26 1023
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PARS/CITY OF CUPERTINO 115P- PENSION
Portfolio Holdings
Account: XXXXXX9601 Holdings Method: Direct Report Date: 06/30/2022 © 2019 FactSet Research Systems Inc. All rights reserved. Past Performance is no guarantee of future results.

Not A Deposit | Not FDIC Insured | May Lose Value | Not Bank Guaranteed | Not Insured By Any Federal Government Agency Material is based on data from sources deemed to be reliable, accuracy/completeness is not guaranteed.

Holdings Date: 6/30/2022
Symbol
% of
Port. Price
Shares/
Units
Portfolio
Value
Cost
Basis
Unrealized
Gain/Loss
Current
Yield
Projected
Annual
Income
Real Assets 4.25 732,328 904,644 -172,316 2.55 18,706
U.S. Listed Real Estate 4.25 732,328 904,644 -172,316 2.55 18,706 iShares Core U.S. REIT ETF USRT 4.25 53.40 13,714 732,328 904,644 -172,316 2.55 18,706 27 1024
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PARS/CITY OF CUPERTINO 115P- PENSION
Fixed Income Holdings
Account: XXXXXX9601 Holdings Method: Direct Report Date: 06/30/2022 © 2019 FactSet Research Systems Inc. All rights reserved. Past Performance is no guarantee of future results.

Not A Deposit | Not FDIC Insured | May Lose Value | Not Bank Guaranteed | Not Insured By Any Federal Government Agency Material is based on data from sources deemed to be reliable, accuracy/completeness is not guaranteed.

Holdings Date: 6/30/2022
Symbol
% of
Fixed
Income
Portfolio
Value
Projected
Annual
Income
Current
Yield
Yield to
Maturity
Effective
Duration
Effective
Maturity
Avg.

Quality
Total 100.00 4,507,709 138,071 3.06 4.43 4.06 4.64 BBBInvestment Grade 83.10 3,744,943 90,894 2.43 3.91 4.35 4.64 BBB+ Mutual Funds & ETFs 83.10 3,744,943 90,894 2.43 3.91 4.35 4.64 BBB+ DoubleLine Total Return Bond Fund Class I DBLTX 27.70 1,249,320 42,624 3.41 4.45 5.06 7.21 BB Fidelity U.S. Bond Index Fund FXNAX 27.80 1,253,003 26,143 2.09 NA 6.41 NA AA TIAA-CREF Short-Term Bond Fd Institutional Cl... TISIX 27.60 1,242,621 22,127 1.78 3.37 1.57 2.06 BBB High Yield 16.90 762,766 47,177 6.18 6.12 2.64 NA B
Mutual Funds & ETFs 16.90 762,766 47,177 6.18 6.12 2.64 NA B Artisan High Income Fund - Institutional Shar... APHFX 16.90 762,766 47,177 6.18 6.12 2.64 NA B 28 1025
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U.S. Bank Confidential

ECONOMIC OUTLOOK
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[ 1 ] Important disclosures provided on page 4.

Market analysis
At a glance Despite Friday’s strong performance, equity prices declined last week as second quarter earnings season kicked off, with investors closely watching inflation, central bank policies and corporate profit outlooks. Despite hotterthan-expected inflation, consumer spending remained resilient in June.

Term of weekGross domestic product – The total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of a given country’s economic health.

July 18, 2022
This informational material is provided by U.S. Bank Asset Management Group who provides analysis and research to U.S. Bank and its affiliate U.S. Bancorp Investments. Contact your wealth professional for more details.

Number of the week 9.1%The increase in the Consumer Price Index in June compared to last year, the largest gain since November 1981. “Despite the June Consumer Price Index report, July consumer sentiment improved in the preliminary University of Michigan survey, rising above June’s historic low. Respondents expect inflation to moderate over the next five years, perhaps responding to a modest decline in national average gasoline prices from June’s all-time high (data began in 1990).” - Robert Haworth, Senior Vice President, Senior Investment Strategy Director, U.S. Bank usbank.comInvestment products and services are:

NOT A DEPOSIT • NOT FDIC INSURED • MAY LOSE VALUE • NOT BANK GUARANTEED • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY 30 1027
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[ 2 ] Important disclosures provided on page 4.

Global economy
Quick take: Despite hotter-than-expected domestic inflation, U.S. consumer spending remains resilient. Meanwhile, China’s policies suppressing COVID-19 spread continue to challenge economic growth. Our view: Economies continue to battle through a resurgent coronavirus, and the Russia/Ukraine conflict continues to weigh on global commodity supplies. Our proprietary economic Health Check highlights positive but below-trend economic activity and decelerating momentum as the Federal Reserve (Fed) and other central banks tighten monetary policy to combat elevated inflation. Our score for emerging market economies is below long-term median levels, though economic growth is still positive, and the trend has improved for five consecutive months.  The U.S. Consumer Price Index (CPI) exceeded analysts’ estimates in June, rising 9.1% above last year’s levels in the largest yearlyprice gain since November 1981. June price increases were broadbased, evidencing strong gains across housing, energy, food, clothingand new and used cars.  Despite the CPI report, July consumer sentiment improved in the preliminary University of Michigan survey, rising above June’shistoric low. Respondents expect inflation to moderate over the nextfive years, perhaps responding to a modest decline in nationalaverage gasoline prices from June’s all-time high (data began in1990).  U.S. retail sales rebounded in June, rising 1% versus the prior month and improving over May’s monthly sequential decline of 0.1%.Despite higher food and energy prices, consumer spending remainsresilient, evidenced by growth in home furnishings, online retail, and restaurants.
 China’s key economic data displayed the impact of COVIDrelated shutdowns in Shanghai. Second quarter gross domestic product (GDP) rose just 0.4% over last year, decelerating sharplyfrom the first quarter’s 4.8% pace. However, most segmentsimproved in June relative to May (except for housing construction),including loan growth, exports, retail sales, industrial output andenergy production. COVID shutdowns remain a risk to economicgrowth, though June’s sequentially improving data highlights theopportunity for China’s economy to further rebound in the secondhalf of 2022 assuming COVID remains in check.

Equity markets
Quick take: Recent performance trends of U.S. equities are presenting mixed signals. Despite posting strong performances on Friday, propelled by a stronger-than-expected retail sales report and an easing in consumers’ inflation expectations, the popular broad-based U.S. indices and 10 of 11 S&P 500 sectors traded lower last week. Uncertainty around earnings and the prospects for earnings estimates for the second half of 2022 and 2023 to be reset lower are among headwinds. Our view: Price volatility is likely to continue while uncertainty surrounding inflation and Fed interest rate hikes, pace of earnings growth, the Russia/Ukraine crisis, and technical price-trend deterioration persists.  Year-to-date performance reflects numerous headwinds. 2022 price weakness has been broad based to date outside of the Energysector. Inflation is running hot and central banks are responding byraising interest rates aggressively leading to increasing risks of arecession. Meanwhile, valuations, or the price investors pay foranticipated earnings, are well above extreme lows and analysts’earnings forecasts do not yet contemplate potentially slowingdemand and margin pressures from rising energy and labor costs.  The early read from second quarter earnings releases is mixed.

The second quarter earnings season unofficially began last week withreleases from several money center banks. On balance, banks arereporting upbeat consumer commentary, solid loan growth, generallybenign credit conditions and good expense control. Investmentbanking activity is soft, spurred by rising interest rates and economicactivity. Additionally, many banks have added to loan-loss reserves,reflecting defensive positioning in the event of a future recession.Another 49% of S&P 500 companies are slated to release results overthe next two weeks.  Consensus earnings for 2022 and 2023 remain generally sanguine; broad market valuations are fair. As of Friday’s close, consensusearnings projections for 2022 and 2023 are roughly $228 and $247per share, respectively, according to Bloomberg, FactSet and S&PGlobal. At these levels, the S&P 500 trades at 16.9 times the 2022estimate and 15.6 times the 2023 projection, levels that are nearhistorical averages during similar interest rate regimes. We expectearnings estimates to be reset modestly lower, particularly for 2023,as companies reset forward guidance to reflect likely weakeningdemand from both consumers and businesses as inflation and higherinterest rates thwart forward growth prospects. 31 1028
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[ 3 ] Important disclosures provided on page 4.

Bond markets
Quick take: Short-term Treasury yields rose (prices fell) last week after higherthan-expected inflation data solidified odds of a 0.75% Fed interest rate hike later this month. Long-term Treasury yields fell (prices rose) and riskier high yield bonds underperformed investment-grade bonds as investors lowered economic growth expectations. Uncertainty regarding the Fed’s rate hike path continues to dominate investor sentiment and asset price movements. Our view: We favor higher-than-normal exposure to high-quality bonds considering tightening financial conditions and slowing economic data remain headwinds for riskier assets. The rise in bond yields this year has improved return opportunities in investment-grade bonds.  We expect a 0.75% Fed rate hike at its meeting next week, although a

1.00% increase remains a possibility. Headline CPI for June increased9.1% over the prior year, the largest year-over-year increase since 1981,keeping intense pressure on the Fed to increase rates in an attempt tocool demand and bring prices down. Market-implied odds of a 1.00% hikespiked immediately following the inflation data, but Fed members soonnoted a stronger preference for a 0.75% increase, barring major changesbefore their next meeting.  Central banks across the globe continue increasing interest rates rapidly to cool inflation, a headwind for stock and riskier bond prices.Our tracker of 60 central bank net policy rate increases recorded an alltime high, with 55 increases during the second quarter. We favor higherthan-normal exposure to high-quality bonds for now as a way to mitigatedrawdown risk.  Most corporate and municipal bond categories remain cheaper than historical averages, but far from extremes. The additional yieldcorporate and municipal bond investors demand relative to Treasuries, oryield spreads, indicate valuations are somewhat cheaper than long-run median levels, and persistent spread widening trends have kept downward pressure on corporate bond prices. Valuations remain far fromextreme cheap levels that were reached in past market bottoms, indicating further price pressure remains a possibility as growthdecelerates, inflation remains high and monetary policy tightens. Taxequivalent yield spreads over Treasuries tell a similar story for the investment-grade municipal category. Fundamental credit metrics forcorporate and municipal bond issuers remain broadly positive, such ascash flow relative to debt costs and cash on hand, though investors focusmore on expected future changes when determining current prices.

Real assets
Quick take: Broad commodities sold off again last week with investors ratcheting down economic growth expectations. Copper prices led declines, reflecting China’s slower-than-expected economic growth, while crude oil prices fell 7%. Defensive sectors generally outperformed amid economic growth concerns. Our view: We continue to see value in real assets’ defensive sectors as the economy decelerates. Infrastructure, which offers tangible assets with stable cash flows, should continue to outperform on a relative basis as we move past peak earnings growth.  Real Estate outperformed the S&P 500 by 0.5% last week as longer-term interest rates declined. Cell towers and retailproperties were the top-performing sectors while data centers andoffices lagged. Valuation, or the price investors pay for anticipatedearnings, improved commensurate with the decline in longer-termTreasury yields, which is a positive for real estate prices.  Infrastructure traded in line with the S&P 500 last week. Cell towers and airports both outperformed the S&P by 2%, while relativeperformance gains were evidenced across most infrastructuresectors.  Crude oil prices fell 7% last week along with other economicallysensitive commodity prices. Domestic inventories of crude oil and refined products rose. The oil market remains undersupplied, withinventories near 10-year lows, which should support prices over alonger time horizon. However, near-term price volatility will reflectslowing growth fears and Russia’s response to sanctions. 32 1029
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[ 4 ] ©2022 U.S. Bank.

This information represents the opinion of U.S. Bank Wealth Management. The views are subject to change at any time based on market or other conditions and are current as of the date indicated on the materials. This is not intended to be a forecast of future events or guarantee of future results. It is not intended to provide specific advice or to be construed as an offering of securities or recommendation to invest. Not for use as a primary basis of investment decisions. Not to be construed to meet the needs of any particular investor. Not a representation or solicitation or an offer to sell/buy any security. Investors should consult with their investment professional for advice concerning their particular situation. The factual information provided has been obtained from sources believed to be reliable, but is not guaranteed as to accuracy or completeness. U.S. Bank is not affiliated or associated with any organizations mentioned. Based on our strategic approach to creating diversified portfolios, guidelines are in place concerning the construction of portfolios and how investments should be allocated to specific asset classes based on client goals, objectives and tolerance for risk. Not all recommended asset classes will be suitable for every portfolio.

Diversification and asset allocation do not guarantee returns or protect against losses. Past performance is no guarantee of future results. All performance data, while obtained from sources deemed to be reliable, are not guaranteed for accuracy. Indexes shown are unmanaged and are not available for direct investment. The S&P 500 Index consists of 500 widely traded stocks that are considered to represent the performance of the U.S. stock market in general. The Consumer Price Index is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. It is one of the most frequently used statistics for identifying periods of inflation or deflation. Equity securities are subject to stock market fluctuations that occur in response to economic and business developments. International investing involves special risks, including foreign taxation, currency risks, risks associated with possible differences in financial standards and other risks associated with future political and economic developments. Investing in emerging markets may involve greater risks than investing in more developed countries. In addition, concentration of investments in a single region may result in greater volatility. Investing in fixed income securities are subject to various risks, including changes in interest rates, credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications and other factors. Investment in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in lower-rated and non-rated securities present a greater risk of loss to principal and interest than higher-rated securities. Investments in high yield bonds offer the potential for high current income and attractive total return, but involve certain risks. Changes in economic conditions or other circumstances may adversely affect a bond issuer's ability to make principal and interest payments. The municipal bond market is volatile and can be significantly affected by adverse tax, legislative or political changes and the financial condition of the issues of municipal securities. Interest rate increases can cause the price of a bond to decrease. Income on municipal bonds is free from federal taxes, but may be subject to the federal alternative minimum tax (AMT), state and local taxes. There are special risks associated with investments in real assets such as commodities and real estate securities. For commodities, risks may include market price fluctuations, regulatory changes, interest rate changes, credit risk, economic changes and the impact of adverse political or financial factors. Investments in real estate securities can be subject to fluctuations in the value of the underlying properties, the effect of economic conditions on real estate values, changes in interest rates and risks related to renting properties (such as rental defaults). 33 1030
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Important disclosures, definitions
of terms and index descriptions
If you have questions regarding this information or wish to receive definitions of any additional terms or indexes used in this report, please contact your Portfolio Manager.
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Important disclosures (page 1 of 4)
The information provided here is not intended to replace your account statement. Your account statement is the official record of your account.

Equal Housing Lender. Credit products are offered by U.S. Bank National Association and subject to normal credit approval.

Deposit products offered by U.S. Bank National Association. Member FDIC.

For use in one-on-one meetings/presentations.This information represents the opinion of U.S. Bank. The views are subject to change at any time based on market or other conditions and are current as of the date indicated on the materials. This is not intended to be a forecast of future events orguarantee of future results. The factual information provided has been obtained from sources believed to be reliable but is not guaranteed as to accuracy or completeness.U.S. Bank and its representatives do not provide tax or legal advice. Your tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your particular situation.Past performance is no guarantee of future results. All performance data, while obtained from sources deemed to be reliable, are not guaranteed for accuracy. Indexes shown are unmanaged and are not available for direct investment, nor are they subject to fees and expenses.Performance reports included may show performance results gross of fees and expenses. If fees and expenses were included, theperformance would be lower. If you have any questions, please speak with your relationship manager for additional information.

Based on our strategic approach to creating diversified portfolios, guidelines are in place concerning the construction of portfolios and how investments should be allocated to specific asset classes based on client goals, objectives and tolerance for risk. Not all recommended asset classes will be suitable for every portfolio. Diversification and asset allocation do not guarantee returns or protect against losses.
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Important disclosures (page 2 of 4)
Equity securities are subject to stock market fluctuations that occur in response to economic and business developments. Stocks of small-capitalization companies involve substantial risk. These stocks historically have experienced greater price volatility than stocks of larger companies and may be expected to do so in the future. Stocks of mid-capitalization companies can be expected to be slightly less volatile than those of small-capitalization companies, but still involve substantial risk and may be subject to more abrupt or erratic movements than large-capitalization companies. The value of large-capitalization stocks will rise and fall in response to the activities of the company that issued them, general market conditions and/or economic conditions. Growth investments focus on stocks of companies whose earnings/profitability are accelerating in the short term or have grown consistently over the long term. Such investments may provide minimal dividends, which could otherwise cushion stock prices in a market decline. Stock value may rise and fall significantly based, in part, on investors' perceptions of the company, rather than onfundamental analysis of the stocks. Investors should carefully consider the additional risks involved in growth investments. Value investments focus on stocks of income-producing companies whose price is low relative to one or more valuation factors, such as earnings or book value. Such investments are subject to risks that their intrinsic values may never be realized by the market, or such stocks may turn out not to have been undervalued. Investors should carefully consider the additional risks involved in value investments. International investing involves special risks, including foreign taxation, currency risks, risks associated with possible differences in financial standards and other risks associated with future political and economic developments. Investing in emerging markets may involve greater risks than investing in more developed countries. In addition, concentration of investments in a single region may result in greater volatility. Investments in real estate securities can be subject to fluctuations in the value of the underlying properties, the effect of economic conditions on real estate values, changes in interest rates and risks related to renting properties (such as rental defaults). There are special risks associated with an investment in commodities, including market price fluctuations, regulatory changes, interest rate changes, credit risk, economic changes and the impact of adverse political or financial factors.

Investments in fixed income securities are subject to various risks, including changes in interest rates, credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications and other factors. Investment in fixed income securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term securities. Investments in lower-rated and non-rated securities present a greater risk of loss to principal and interest than higher-rated securities. Investments in high yield bonds offer the potential for high current income and attractive total return, but involve certain risks. Changes in economic conditions or other circumstances may adversely affect a bond issuer's ability to make principal and interest payments. 36 1033
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Important disclosures (page 3 of 4)
The municipal bond market is volatile and can be significantly affected by adverse tax, legislative or political changes and the financial condition of the issues of municipal securities. Interest rate increases can cause the price of a bond to decrease. Income on municipal bonds is free from federal taxes, but may be subject to the federal alternative minimum tax (AMT), state and local taxes.

Treasury Inflation-Protected Securities (TIPS) offer a lower return compared to other similar investments and the principal value may increase or decrease with the rate of inflation. Gains in principal are taxable in that year, even though not paid out until maturity.Non-financial specialty assets, such as real estate, farm, ranch and timber properties, oil, gas and mineral interests or closely-held business interests are complex and involve unique risks specific to each asset type, including the total loss of value. Special risk considerations may include natural events or disasters, complex tax considerations and lack of liquidity. Specialty assets may not be suitable for all investors. Alternative investments very often use speculative investment and trading strategies. There is no guarantee that the investment program will be successful. Alternative investments are designed only for investors who are able to tolerate the full loss of aninvestment. These products are not suitable for every investor even if the investor does meet the financial requirements. It is important to consult with your investment professional to determine how these investments might fit your asset allocation, riskprofile and tax situation. Hedge funds are speculative and involve a high degree of risk. An investment in a hedge fund involves a substantially more complicated set of risk factors than traditional investments in stocks or bonds, including the risks of using derivatives, leverage and short sales, which can magnify potential losses or gains. Restrictions exist on the ability to redeem or transfer interests in a fund. Exchange-traded funds (ETFs) are baskets of securities that are traded on an exchange like individual stocks at negotiated prices and are not individually redeemable. ETFs are designed to generally track a market index and shares may trade at a premium or a discount to the net asset value of the underlying securities. Private equity investments provide investors and funds the potential to invest directly into private companies or participate in buyouts of public companies that result in a delisting of the public equity. Investors considering an investment in private equity must be fully aware that these investments are illiquid by nature, typically represent a long-term binding commitment and are not readily marketable. The valuation procedures for these holdings are often subjective in nature. Private debt investments may be either direct or indirect and are subject to significant risks, including the possibility of default, limited liquidity and the infrequent availability of independent credit ratings for private companies.

Structured products are subject to market risk and/or principal loss if sold prior to maturity or if the issuer defaults on the security. Investors should request and review copies of Structured Products Pricing Supplements and Prospectuses prior to approving or directing an investment in these securities. 37 1034
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Important disclosures (page 4 of 4)
Mutual fund investing involves risk and principal loss is possible. Investing in certain funds involves special risks, such as those related to investments in small- and mid-capitalization stocks, foreign, debt and high-yield securities and funds that focus their investments in a particular industry. Please refer to the fund prospectus for additional details pertaining to these risks. An investment in money market funds is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Although these funds seek to preserve the value of an investment at $1.00 per share, it is possible to lose money by investing in these funds.Holdings of First American Funds: U.S. Bancorp Asset Management, Inc. is a registered investment advisor and subsidiary ofU.S. Bank National Association. U.S. Bank National Association is a separate entity and wholly owned subsidiary of U.S. Bancorp. U.S.

Bank is not responsible for and does not guarantee the products, performance or services of U.S. Bancorp Asset Management. U.S.Bancorp Asset Management, Inc. serves as an investment advisor to First American Funds. Holdings of Nuveen mutual funds:

Firstar Capital Corporation (Firstar Capital), an affiliate of U.S. Bancorp, holds a less-than-10 percent ownership interest in Windy City Investments Holdings, LLC which was formerly the parent of Windy City Investment Inc. and the indirect parent of Nuveen Fund Advisors, LLC which is the investment advisor to the Nuveen Mutual Funds. On October 1, 2014, Windy City Investments, Inc. was sold to Teachers Insurance and Annuity Association of America. As a result of the sale, U.S. Bancorp no longer has an indirect ownership interest in Nuveen Fund Advisors, LLC. Depending on the outcome of certain factors, Firstar Capital might in the future receive an earn-out payment in respect of its interest in Windy City Investment Holdings, LLC, under the terms of the sale. Nonproprietary mutual funds: U.S. Bank may enter into agreements with other non-proprietary mutual funds or their service providers whereby U.S. Bank provides shareholder services and/or sub-transfer agency, custodial and other administrative support services and receives compensation for these services. Compensation received by U.S. Bank directly or indirectly from mutual funds does not increase fund fees and expenses beyond what is disclosed in the fund prospectuses. For more information, review the fund prospectus. 38 1035
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Definitions of report and statement terms (page 1 of 5) Accredited Investor: Private placement securities generally require that investors be accredited due to the additional risks and speculative nature of the securities. For natural persons, the criteria is met by a net worth of more than $1 million (excluding primary residence) or an income of more than $200,000 individually ($300,000 jointly) for the two most recent years and a reasonable expectation for the same in the current year. For other entities, such as corporations, partnerships, trusts and employee benefit plans, the criteria is met with at least $5 million in assets. See full definition in Rule 501 of Regulation D under the Securities Act of 1933.

Alpha: A measure of risk-adjusted performance. A statistic measuring that portion of a stock, fund or composite's total return attributable to specific or non-market risk. Alpha measures non-market return and indicates how much value has been added or lost.

A positive Alpha indicates the fund or composite has performed better than its Beta would predict (i.e., the manager has added value above the benchmark). A negative Alpha indicates a fund or composite has underperformed given the composite's Beta.Alternative Investments: As used by U.S. Bank, an investment considered to be outside of the traditional asset classes of long-only stocks, bonds and cash. Examples of alternative investments include hedge funds, private equity, options and financial derivatives.

Annualized Excess Return: Shows the difference between the annualized linked returns of a portfolio and the model benchmark. Performance reports provided annualize only periods greater than one year.Annualized or Annual Rate of Return: Represents the average annual change in the value of an investment over the periods indicated.Batting Average: Shows how consistently the portfolio return met or beat the market.Beta: A measure of your portfolio's risk relative to a benchmark. A portfolio with a beta of 1.5, for example, would be expected toreturn roughly 1.5 times the benchmark's return. A high Beta indicates a riskier portfolio.Bond Credit Rating: A grade given to bonds by a private independent rating service that indicates their credit quality. Ratings are the opinion of Standard & Poor's or other agencies as noted and not the opinion of U.S. Bank.Consumer Price Index (CPI): A measure of the average change in prices over time in a market basket of goods and services and is one of the most frequently used statistics for identifying periods of inflation and deflation.Convexity to Stated Maturity: A measure of the curvature in the relationship between bond prices and bond yields that demonstrates how the duration of a bond changes as the interest rate changes. Convexity is used as a risk-management tool and helps to measure and manage the amount of market risk to which a portfolio of bonds is exposed. This version of convexity measures the rate change in duration of a bond as the yield to (stated) maturity changes. 39 1036
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Definitions of report and statement terms (page 2 of 5) Cost basis/book value: The original value of an asset at the time it was acquired. This is normally the purchase price or appraised value at the time of acquisition. This data is for information purposes only. Cumulative Excess Return: Shows the difference between the annualized linked returns of a portfolio and the model benchmark. Performance reports provided use unannualized returns in periods up to one year, but annualized returns for periods exceeding one year.Downside Capture: The downside capture ratio reflects how a portfolio compares to a benchmark during periods when the benchmark is down. A downside capture ratio of 0.80 (or 80 percent) means the portfolio has historically declined only80 percent as much as the benchmark during down markets.Downside Deviation: The deviation of returns that fall below a minimum acceptable return (MAR). Although the numerator includes only returns below the MAR, the denominator includes all returns in the performance period. This risk statistic is similar to the downside standard deviation except the sum is restricted to returns less than the MAR instead of the mean.Downside Standard Deviation: The deviation of returns that fall below the mean return. Although the numerator includes only returns below the mean, the denominator includes all returns in the performance period. This risk statistic is similar to the downside deviation except the sum is restricted to returns less than the mean instead of the minimum acceptable return (MAR).Effective Maturity: The date of a bond’s most likely redemption, given current market conditions, taking into consideration the optional and mandatory calls, the optional, mandatory and recurring puts, and the stated maturity.Estimated annual income: The amount of income a particular asset is anticipated to earn over the period indicted. The shares multiplied by the annual income rate. Gain/loss calculation: If an asset was sold, the difference between the proceeds received from the sale compared to the cost of acquiring the asset. If the value of the proceeds is the higher of the two numbers, then a gain was realized. If the value of the proceeds is the lower of the two numbers, a loss was incurred. This data is for information purposes only.Information Ratio: The information ratio compares the average excess return of the portfolio over its associated benchmark divided by the tracking error.M-Squared: The hypothetical return of the portfolio after its risk has been adjusted to match a benchmark. 40 1037
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Definitions of report and statement terms (page 3 of 5) Market Value: Publicly traded assets are valued using market quotations or valuation methods from financial industry services believed by us to be reliable. Assets, that are not publicly traded, may be reflected at values from other external sources or special valuations prepared by us. Assets for which a current value is not available may be reflected as not valued, at par value, or at a nominal value. Values shown do not necessarily reflect prices at which assets could have been bought or sold. Values are updated based on internal policy and may be updated less frequently than statement generation. Market Value Over Time: Many factors can impact the portfolio value over time, such as contributions to the account, distributions from the account, the investment of dividends and interest, the deduction of fees and expenses, and market performance.Modified Duration to Effective Maturity: A formula that expresses the measurable change in the value of a security in response to a change in interest rates. This version of Modified Duration takes into consideration a “horizon date/price” that is, given current conditions, the most likely redemption date/price using the set of calls/puts, as well as stated maturity.Modified Duration to Stated Maturity: A formula that expresses the measurable change in the value of a security in response to a change in interest rates. This version of Modified Duration uses stated maturity as the “horizon date/price” and ignores any potential call/put/prerefunding, even if they are mandatory.Price/Earnings Ratio (P/E): The P/E ratio of a company is calculated by dividing the price of the company’s stock by its trailing 12-month earnings per share. A high P/E usually indicates that the market is paying a premium for current earnings because it believes in thefirm’s ability to grow its earnings. A low P/E indicates the market has less confidence that the company’s earnings will increase. Within a portfolio, P/E is the weighted average of the price/earnings ratios of the stocks in the portfolio.Qualified Purchaser: Some private placement securities require that investors be Qualified Purchasers in addition to being Accredited Investors. For natural persons, the criteria is generally met when the client (individually or jointly) owns at least $5 million in investments. For other entities, such as corporations, partnerships, trusts and employee benefit plans, the criteria is met with at least $25 million in investments though there are other eligibility tests that may apply. See full definition in Section 2(a)(51) of the Investment Company Act of 1940.R-Squared: Measures the portion of the risk in your portfolio that can be attributed to the risk in the benchmark.Realized and Unrealized Gains/Losses: Are calculated for individual tax lots based on the records we have available. Some data may be incomplete or differ from what you are required to report on your tax return. Some data used in these calculations may have been obtained from outside sources and cannot be verified by U.S. Bank. The data is intended for informational purposes only and should not be used for tax reporting purposes. Please consult with your tax or legal advisor for questions concerning your personal tax or financial situation. 41 1038
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Definitions of report and statement terms (page 4 of 5) Residual Risk: The amount of risk specific to the assets in a portfolio distinct from the market, represented by a benchmark.Return: An indication of the past performance of your portfolio.Sharpe Ratio: Measures of risk-adjusted return that calculates the return per unit of risk, where risk is the Standard Deviation of your portfolio. A high Sharpe ratio indicates that the portfolio is benefiting from taking risk.Sortino Ratio: Intended to differentiate between good and bad volatility. Similar to the Sharpe ratio, except it uses downside deviation for the denominator instead of standard deviation, the use of which doesn't discriminate between up and down volatility.Spread: The difference between the yields of two bonds with differing credit ratings (most often, a corporate bond with a certain amount of risk is compared to a standard traditionally lower risk Treasury bond). The bond spread will show the additional yield that could be earned from a bond which has a higher risk.Standard Deviation: A measure of the volatility and risk of your portfolio. A low standard deviation indicates a portfolio with less volatile returns and therefore less inherent risk.Time-weighted Return: The method used to calculate performance. Time-weighted return calculates period by period returns that negates the effect of external cash flows. Returns for periods of greater than one year are reported as an annualized (annual) rate of return. Returns of less than one year are reported on a cumulative return basis. Cumulative return is the aggregate amount an investment has gained or lost over time, independent of the period involved.Tracking Error: A divergence between the price behavior of a position or a portfolio and the price behavior of a benchmark. This is often in the context of a hedge or mutual fund that did not work as effectively as intended, creating an unexpected profit or loss instead.Traditional Investments: As used by U.S. Bank, an investment made in equity, fixed income or cash securities, mutual funds or exchangetraded funds (ETFs) where the investor buys at a price with the goal that the investment will go up in value.Top 10 Holdings: The 10 assets with the highest market values in the account.Total Portfolio Gross of Fees: Represents all assets included in the calculation of the portfolio, before the deduction of trust and asset management fees, and is inclusive of all applicable third-party security fees and expenses. Details of those fees and expenses are provided in the security’s prospectus or offering documents. 42 1039
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Definitions of report and statement terms (page 5 of 5) Total Return: The rate of return that includes the realized and unrealized gains and losses plus income for the measurement period.Treynor Ratio: Measures the performance of a sector relative to risk by dividing the return of the sector in excess of the risk-free return by the sector's Beta. The higher the Treynor ratio, the better the return relative to risk.Turnover Percent: Indicates how frequently asset are bought and sold within a portfolio.Turnover Ratio: The percentage of a mutual fund’s or other investment vehicle's holdings that have been "turned over" or replaced with other holdings in a given year. Unrealized gain (loss) — The difference between the current market value (at the end of the statement period) and the cost to acquire the asset. If the current market value is higher than the cost, a gain is reflected. If the current market value is lower than the cost paid, a loss is reflected. This data is for information purposes only.Upside Capture: The upside capture ratio reflects how a portfolio compares to the selected model benchmark during periods when the benchmark is up. An upside capture ratio of 1.15 (or 115 percent) means the portfolio has historically beat the benchmark by 15 percent during up markets.Yield: The annual rate of return on an investment, expressed as a percentage. For bonds, it is the coupon rate divided by the market price. For stocks, it is the annual dividend divided by the market price. 43 1040
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Frequently used indexes (page 1 of 5)
Bloomberg Barclays 1-3 year U.S. Treasury Index: Measures the performance of the U.S. government bond market and includes public obligations of the U.S. Treasury with a maturity between one year and up to (but not including) three years.

Bloomberg Barclays 1-5 year U.S. Treasury Index: Includes all publicly issued, U.S. Treasury securities that have a remaining maturity of greater than or equal to one year and less than five years, are rated investment grade and have $250 million or more of outstanding face value.The Bloomberg Barclays 1-5 year Municipal Index: Measures the performance of municipal bonds with time to maturity of more than one year and less than five years. Bloomberg Barclays 7-year Municipal Index: Includes municipal bonds with a minimum credit rating of Baa that have been issued as part of a transaction of at least $50 million, have a maturity value of at least $5 million and a maturity range of four to six years.Bloomberg Barclays Global Aggregate Index ex-U.S. Index: Measure of global investment grade debt from 24 local currency markets. This multi-currency benchmark includes Treasury, government-related, corporate and securitized fixed-rate bonds from both developed and emerging markets issuers.Bloomberg Barclays Global Treasury ex-U.S. Index: Includes government bonds issued by investment-grade counties outside the United States, in local currencies, that have a remaining maturity of one year or more and are rated investment grade. Bloomberg Barclays High Yield Municipal Bond Index: An unmanaged index made up of bonds that are non-investment grade, unrated or below Ba1 bonds.Bloomberg Barclays Intermediate Aggregate Index: Consists of one- to 10-year governments, one- to 10-year corporate bonds, all mortgages and all asset-backed securities within the Aggregate Index.Bloomberg Barclays Mortgage-Backed Securities Index: Covers agency mortgage-backed pass-through securities (both fixed-rate and hybrid adjustable-rate mortgages) issued by Ginnie Mae (GNMA), Fannie Mae (FNMA), and Freddie Mac (FHLMC).Bloomberg Barclays U.S. Aggregate Bond Index: Measures the investment grade, U.S. dollar-denominated, fixed-rate taxable bond market, including Treasuries, government-related and corporate securities, mortgage-backed securities, asset-backed securities and commercial mortgage-backed securities. Bloomberg Barclays U.S. Corporate Bond Index: Measures the investment grade, fixed-rate, taxable corporate bond market and includes U.S. dollar-denominated securities publicly issued by U.S. and non-U.S. industrial, utility and financial issuers. 44 1041
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Frequently used indexes (page 2 of 5)
Bloomberg Barclays U.S. Corporate High Yield Bond Index: Measures the U.S. dollar denominated, high yield, fixed-rate corporate bond market.Bloomberg Barclays U.S. Municipal Bond Index: Measures the investment grade, U.S. dollar-denominated, fixed tax-exempt bond market. The index includes state and local general obligation, revenue, insured and pre-refunded bonds.Bloomberg Barclays U.S. Treasury Index: Measures U.S. dollar-denominated, fixed-rate, nominal debt issued by the U.S. Treasury.Bloomberg Barclays U.S. Treasury Inflation-Protected Securities (TIPS) Index: An unmanaged index includes all publicly issued, U.S. TIPS that have at least one year remaining to maturity, are rated investment grade, and have $250 million or more of outstanding face value.

Cambridge U.S. Private Equity Index: This index is based on returns data compiled for U.S. private equity funds (including buyout, growth equity and mezzanine funds) that represent the majority of institutional capital raised by private equity partnerships formed since 1986. Returns may be delayed by up to six months. Quarterly performance is prorated based on the cube root for the months of the quarter. Citigroup 3-Month Treasury Bills: An unmanaged index and represents monthly return equivalents of yield averages of the last three-month Treasury Bill issues.Citigroup 6-Month Treasury Bills: An unmanaged index and represents monthly return equivalents of yield averages of the last six-month Treasury Bill issues.Credit Suisse Leverage Loan Index: Represents tradable, senior-secured, U.S. dollar-denominated non-investment grade loans.Dow Jones Industrial Average (DJIA): The price-weighted average of 30 significant U.S. stocks traded on the New York Stock Exchange and NASDAQ. The DJIA is the oldest and single most watched index in the world.Dow Jones Select REIT Index: Measures the performance of publicly traded REITs and REIT-like securities in the U.S. and is a proxy for direct real estate investment, in part by excluding companies whose performance may be driven by factors other than the value of real estate. HFRI Indices: The Hedge Fund Research, Inc. (HFRI) indexes are a series of benchmarks designed to reflect hedge fund industry performance by constructing composites of constituent funds, as reported by the hedge fund managers listed within the HFR Database. 45 1042
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Frequently used indexes (page 3 of 5)
HFRI Equity Hedge Total Index: Uses the HFR (Hedge Fund Research) database and consists only of equity hedge funds with a minimum of $50 million assets under management or a 12-month track record and that reported assets in U.S. dollars. HFRI Relative Value Fixed Income Corporate Index: Uses the HFR (Hedge Fund Research) database and consists of only relative value fixed income corporate funds with a minimum of $50 million assets under management or a 12-month track record and that reported assets in U.S. dollars. ICE BofAML 1-3 Year Corporate Index: Tracks U.S. dollar-denominated investment grade public debt issued in the U.S. bond market with maturities of one to three years.ICE BofAML 1-5 Year Corporate and Government Index: Tracks the performance of short-term U.S. investment grade government and corporate securities with maturities between one and five years.ICE BofAML U.S. 7-10 Year Index: Tracks the performance of U.S. dollar denominated investment grade rated corporate debt publicly issued in the U.S. domestic market and includes all securities with a remaining term to maturity of greater than or equal to seven years and less than 10 years.ICE BofAML Global Broad Market Index: Tracks the performance of investment grade public debt issued in the major domestic and Eurobond markets, including global bonds.ICE BofAML U.S. High Yield Master II Index: Commonly used benchmark index for high yield corporate bonds and measures the broad high yield market. J.P. Morgan Emerging Markets Bond Index Global (EMBI Global): Tracks total returns for traded external debt instruments in the emerging markets.London Interbank Offered Rate (LIBOR) 3-months: The interest rate offered by a specific group of London banks for U.S. dollar deposits with a three-month maturity.London Interbank Offered Rate (LIBOR) 9-months: The interest rate offered by a specific group of London banks for U.S. dollar deposits with a nine-month maturity.MSCI All Country World Index (ACWI): Designed to measure the equity market performance of developed and emerging markets. 46 1043
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Frequently used indexes (page 4 of 5)
Russell 2000 Value Index: Measures companies in the Russell 2000 Index having lower price-to-book ratios and lower forecasted growth values. The Russell 2000 Index includes the 2,000 firms from the Russell 3000 Index with the smallest market capitalizations.Russell 3000 Index: Measures the performance of the 3,000 largest U.S. securities based on total market capitalization.Russell Midcap Index: Measures the 800 smallest companies in the Russell 3000 Index.Russell Midcap Growth Index: Measures companies in the Russell Midcap Index having higher price-to-book ratios and higher forecasted growth values.Russell Midcap Value Index: Measures companies in the Russell Midcap Index having lower price-to-book ratios and lower forecasted growth values.MSCI All County World ex-U.S. Index (ACWI, excluding United States): Tracks the performance of stocks representing developed and emerging markets around the world that collectively comprise most foreign stock markets. U.S. stocks are excluded from the index.MSCI EAFE Index: Includes approximately 1,000 companies representing the stock markets of 21 countries in Europe, Australasia and the Far East.MSCI Emerging Markets (EM) Index: Designed to measure equity market performance in global emerging markets.

MSCI World Index: Tracks equity market performance of developed markets through individual country indices.NAREIT Index: Includes REITs (Real Estate Investment Trusts) listed on the New York Stock Exchange, NASDAQ and American Stock Exchange.NASDAQ Composite Index: A market capitalization-weighted average of roughly 5,000 stocks that are electronically traded in the NASDAQ market.NCREIF Property Index (NPI): Measures the investment performance of a very large pool of individual commercial real estate properties acquired in the private market for investment purposes only. Russell 1000 Index: Measures the performance of the 1,000 largest companies in the Russell 3000 Index and is representative of the U.S. large capitalization securities market. 47 1044
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Frequently used indexes (page 5 of 5)
Russell 1000 Growth Index: Measures companies in the Russell 1000 Index with higher price-to-book ratios and higher forecasted growth values. It includes the largest 1,000 firms in the Russell 3000 Index.Russell 1000 Value Index: Measures companies in the Russell 1000 Index with lower price-to-book ratios and lower forecasted growth values. It includes the largest 1,000 firms in the Russell 3000 Index.Russell 2000 Index: Measures the performance of the 2,000 smallest companies in the Russell 3000 Index and is representative of the U.S. small capitalization securities market.Russell 2000 Growth Index: Measures companies in the Russell 2000 Index having higher price-to-book ratios and higher forecasted growth values. and is representative of U.S. securities exhibiting growth characteristics. The Russell 2000 Index includes the 2,000 firms from the Russell 3000 Index with the smallest market capitalizations.S&P 500 Index: Consists of 500 widely traded stocks that are considered to represent the performance of the U.S. stock market.S&P Global ex-U.S. Property Index: Measures the investable universe of publicly traded property companies domiciled in developed and emerging markets excluding the United States. The companies included are engaged in real estate related activities such as property ownership, management, development, rental and investment. S&P GSCI: A composite index of commodity sector returns, representing an unleveraged, long-only investment in commodity futures that is broadly diversified across the spectrum of commodities. S&P/Case-Shiller Home Price Indexes: A group of indexes that track changes in home prices throughout the United States. CaseShiller produces indexes representing certain metropolitan statistical areas (MSA) as well as a national index.

Swiss Re Global Cat Bond Total Return Index: Tracks the aggregate performance of all U.S. dollar-denominated euros and Japanese yen-denominated catastrophe bonds, capturing all ratings, perils and triggers.U.S. Dollar Index: Indicates the general international value of the U.S. dollar by averaging the exchange rates between the U.S. dollar and six major world currencies.Wilshire 5000 Index: Composed of more than 6,700 publicly-traded U.S. companies and is designed to track the overall performance of the American stock markets. 48 1045
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7/1/22, 12:43 PM LAIF Regular Monthly Statement
https://laifms.treasurer.ca.gov/RegularStatement.aspx 1/1 Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
July 01, 2022
LAIF Home
PMIA Average Monthly
Yields

CITY OF CUPERTINO

FINANCE MANAGER
10300 TORRE AVENUE
CUPERTINO, CA 95014
Account Number:

June 2022 Statement
Tran Type Definitions
Account Summary
Total Deposit 0 00 Beginning Balance 21,059,751 91
Total Withdrawal: 0.00 Ending Balance: 21,059,751.91
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CITY OF CUPERTINO
Agenda Item
22-11214 Agenda Date: 8/16/2022
Agenda #: 17.

Subject: Consider the Library Commission's Recommendation of Keiko O'Leary for appointment of the new 2023-2024 Cupertino Poet Laureate
Adopt Resolution No. 22-100 approving the Library Commission's recommendation and appoint Keiko O'Leary as the new 2023-2024 Cupertino Poet Laureate CITY OF CUPERTINO Page 1 of 1 Printed on 8/11/2022
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CITY COUNCIL STAFF REPORT
Meeting: August 16, 2022
Subject
Consider the Library Commission’s Recommendation of Keiko O’Leary for appointment of the new 2023-2024 Cupertino Poet Laureate
Recommended Action
Adopt resolution No. 22-____ approving the Library Commission’s recommendation and appoint Keiko O’Leary as the new 2023-2024 Cupertino Poet Laureate.

Discussion
Resolution No. 10-230 (Attachment B) designated a Cupertino Poet Laureate program.

The Library Commission currently appoints a subcommittee to oversee and administer the program including recruitment.

The Cupertino Poet Laureate Program was established in 2010 by the City Council with the goal of providing residents programs, workshops, and events which introduce and reinforce poetry as an enriching cultural art form, open and accessible to all. The Cupertino Poet Laureate is an honorary, volunteer position sponsored by the City of Cupertino and seated in the Cupertino Library. The Poet Laureate is a practicing poet with professional recognition and a talent for performance. They are expected to host public events that promote the literary arts in our community and inspire creativity in all residents. Such events might include poetry contests, writing workshops, lectures, and public readings.

Position Requirements
The position has been historically filled by an individual 21 years old or over who has lived or worked in Cupertino for at least two years or has demonstrable ties to Cupertino, is an active poet, and has been published or publicly recognized for their contributions to poetry. The position is filled through an application, interview, and selection process facilitated by the Library Commission.

Selection Process
On April 6, the Library Commission reviewed the Poet Laureate Playbook (Attachment C) and unanimously approved the Poet Laureate Subcommittee comprised of Vice Chair 1048
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Zhao, Commissioner Panda, and Jing Jing Yang to perform outreach and establish the Selection Committee. On May 1, the Poet Laureate recruitment opened and was advertised on the City’s website, along with the Cupertino Poet Laureate Facebook, Twitter, and Instagram. City staff also reached out to Poetry Center San Jose, South Bay Writers, and local college English departments including De Anza, Foothill, and San Jose State. The application remained open for one month and recruitment closed on June 1. In total, there were three applications received and sent to the subcommittee for review.

The Selection Committee was then established comprised of Library Commission’s Vice Chair Zhao and Commissioner Panda, and Fine Arts Commissioner Chokshi to oversee the selection and administration of the program. The committee reviewed the applications and decided to interview all three candidates. On June 18, candidate interviews were conducted. Following deliberations, the committee unanimously selected to recommend Keiko O’Leary for the 2023-2024 Cupertino Poet Laureate position.

Keiko O’Leary is connected to the Cupertino community mainly through the Poet Laureate Program and has assisted in various projects with former Cupertino Poet Laureate’s Ann Muto and Kaecey McCormick. Ms. O’Leary’s completed application packet (Attachment D) includes poems, a current resume, and letters of recommendation.

At the July 6 Library Commission meeting, the Selection Committee presented their final recommendation of Keiko O’Leary as the 2023-2024 Cupertino Poet Laureate. The Commission unanimously voted to support this recommendation to City Council for approval.

Sustainability Impact
No sustainability impact.

Fiscal Impact
No fiscal impact.
_____________________________________
Prepared by: Jessica Javier, Administrative Assistant
Reviewed by: Kevin Khuu, Management Analyst
Approved for Submission by: Dianne Thompson, Acting City Manager Attachments:

A – Draft Resolution
B – City Council Resolution No. 10-230
C – Poet Laureate Playbook
D – Completed Application Packet – Keiko O’Leary
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RESOLUTION NO. ________

A RESOLUTION OF THE CUPERTINO CITY COUNCIL APPROVING THE LIBRARY COMMISSION’S RECOMMENDATION AND APPOINTING
KEIKO O’LEARY AS THE CUPERTINO POET LAUREATE
WHEREAS, the Resolution No. 10-230 established a Cupertino Poet Laureate; and
WHEREAS, the Cupertino Poet Laureate will be charged to stimulate cultural and literary awareness in Cupertino, introduce youth and adults to the personal and community benefits of poetry both as personal expression, and as reflective of our history and culture, reveal, recognize and engage literary talent residing in the community and promote our Library as the cultural center of Cupertino; and
WHEREAS, after an extensive search effort, the Poet Laureate Selection Committee and the Library Commission have unanimously recommended Keiko O’Leary for the two-year volunteer position; and
NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby approve the recommendation and appoint Keiko O’Leary as Cupertino’s Poet Laureate for a two-year term.

BE IT FURTHER RESOLVED that this Resolution is not a project under the requirements of the California Environmental Quality Act, together with related State CEQA Guidelines (collectively, “CEQA”) because it has no potential for resulting in physical change in the environment. In the event that this Resolution is found to be a project under CEQA, it is subject to the CEQA exemption contained in CEQA Guidelines section 15061(b)(3) because it can be seen with certainty to have no possibility that the action approved may have a significant effect on the environment. CEQA applies only to actions which have the potential for causing a significant effect on the environment. Where it can be seen with certainty that there is no possibility that the activity in question may have a significant effect on the environment, the activity is not subject to CEQA. In this circumstance, the proposed action to extend the appointment would have no or only a de minimis effect on the environment. The foregoing determination is made by the City Council in its independent judgment.
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Resolution No. __________________

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