11-15-2022 Searchable Packet.pdf — Cupertino City Council, November 15, 2022 (part 1 of 3)

CITY OF CUPERTINO

CITY COUNCIL
AGENDA
10350 Torre Avenue, Council Chamber and via Teleconference Tuesday, November 15, 2022
5:30 PM
Televised Special Meeting (5:30) and Regular City Council Meeting (6:45)

IN-PERSON AND TELECONFERENCE / PUBLIC PARTICIPATION INFORMATION Members of the public wishing to observe the meeting may do so in one of the following ways:
1) Attend in person at Cupertino Community Hall, 10350 Torre Avenue. 2) Tune to Comcast Channel 26 and AT&T U-Verse Channel 99 on your TV. 3) The meeting will also be streamed live on and online at www.Cupertino.org/youtube and www.Cupertino.org/webcast
Members of the public wishing to comment on an item on the agenda may do so in the following ways:
1) Appear in person at Cupertino Community Hall. Members of the audience who address the City Council must come to the lectern/microphone, and are requested to complete a Speaker Card and identify themselves. Completion of Speaker Cards and identifying yourself is voluntary and not required to attend the meeting or provide comments. 2) E-mail comments by 4:30 p.m. on Tuesday, November 15 to the Council at [email protected]. These e-mail comments will also be forwarded to Councilmembers by the City Clerk’s office before the meeting and posted to the City’s website after the meeting.
3) E-mail comments during the times for public comment during the meeting to the City Clerk at [email protected]. The City Clerk will read the emails into the record, and display any attachments on the screen, for up to three minutes (subject to the Mayor’s discretion to shorten time for public comments). Members of the public that wish to share a document must email [email protected] prior to speaking.

Members of the public may provide oral public comments during the meeting as follows:

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Oral public comments will be accepted during the meeting. Comments may be made during “oral communications” for matters not on the agenda, and during the public comment period for each agenda item.

Teleconferencing Instructions
To address the City Council, click on the link below to register in advance and access the meeting:

Online
Register in advance for this webinar:
https://cityofcupertino.zoom.us/webinar/register/WN_WiG_-YLjSB2QwdQcOF0GZg Phone
Dial: 669-900-6833 and enter Webinar ID: 920 9284 4049 (Type *9 to raise hand to speak, *6 to unmute yourself). Unregistered participants will be called on by the last four digits of their phone number.

Or an H.323/SIP room system:

H.323:
162.255.37.11 (US West)
162.255.36.11 (US East)
Meeting ID: 920 9284 4049
SIP: [email protected]
After registering, you will receive a confirmation email containing information about joining the webinar.

Please read the following instructions carefully:

1. You can directly download the teleconference software or connect to the meeting in your internet browser. If you are using your browser, make sure you are using a current and up-to-date browser: Chrome 30+, Firefox 27+, Microsoft Edge 12+, Safari 7+. Certain functionality may be disabled in older browsers, including Internet Explorer.

2. You will be asked to enter an email address and a name, followed by an email with instructions on how to connect to the meeting. Your email address will not be disclosed to the public. If you wish to make an oral public comment but do not wish to provide your name, you may enter “Cupertino Resident” or similar designation.

3. When the Mayor calls for the item on which you wish to speak, click on “raise hand,” or,

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if you are calling in, press *9. Speakers will be notified shortly before they are called to speak.

4. When called, please limit your remarks to the time allotted and the specific agenda topic.

In compliance with the Americans with Disabilities Act (ADA), anyone who is planning to attend this teleconference City Council meeting who is visually or hearing impaired or has any disability that needs special assistance should call the City Clerk's Office at 408-777-3223, at least 48 hours in advance of the Council meeting to arrange for assistance.

In addition, upon request, in advance, by a person with a disability, City Council meeting agendas and writings distributed for the meeting that are public records will be made available in the appropriate alternative format.

NOTICE AND CALL FOR A SPECIAL MEETING OF THE CUPERTINO CITY COUNCIL NOTICE IS HEREBY GIVEN that a special meeting of the Cupertino City Council is hereby called for Tuesday, November 15, 2022, commencing at 5:30 p.m. in Community Hall Council Chamber, 10350 Torre Avenue, Cupertino, California 95014 and via teleconference.

Said special meeting shall be for the purpose of conducting business on the subject matters listed below under the heading, “Special Meeting."

SPECIAL MEETING
ROLL CALL (5:30 PM)

STUDY SESSION

1. Subject: Status update on the 6th Cycle Housing Element update Recommended Action: Receive the report and direct staff to 1) publish the draft Housing Element and to solicit public feedback for 30-days and, 2) incorporate comments received in the draft Housing Element and submit the document to the State Housing and Community Development Department (HCD) for review Staff Report

ADJOURNMENT

REGULAR MEETING
PLEDGE OF ALLEGIANCE (6:45 PM)

ROLL CALL

CEREMONIAL MATTERS AND PRESENTATIONS

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1. Subject: Consider a proclamation recognizing November 13 - 19, 2022 as United Against Hate Week
Recommended Action: Present proclamation recognizing November 13 - 19, 2022 as United Against Hate Week
A - Proclamation

2. Subject: Consider a proclamation recognizing November 26, 2022 as Small Business Saturday
Recommended Action: Present proclamation recognizing November 26, 2022 as Small Business Saturday
A - Proclamation

3. Subject: Consider certificates of appreciation to volunteers at the Silicon Valley Korean School (SVKS)
Recommended Action: Present certificates of appreciation to volunteers at the Silicon Valley Korean School (SVKS)
A - Certificates of Appreciation
RECESS - 15 Minutes

POSTPONEMENTS AND ORDERS OF THE DAY

ORAL COMMUNICATIONS
This portion of the meeting is reserved for persons wishing to address the Council on any matter within the jurisdiction of the Council and not on the agenda. The total time for Oral Communications will ordinarily be limited to one hour. Individual speakers are limited to three (3) minutes. As necessary, the Chair may further limit the time allowed to individual speakers, or reschedule remaining comments to the end of the meeting on a first come first heard basis, with priority given to students. In most cases, State law will prohibit the Council from discussing or making any decisions with respect to a matter not listed on the agenda. A councilmember may, however, briefly respond to statements made or questions posed by speakers. A councilmember may also ask a question for clarification, provide a reference for factual information, request staff to report back concerning a matter, or request that an item be added to a future City Council agenda in response to public comment.

REPORTS BY COUNCIL AND STAFF

4. Subject: Brief reports on councilmember activities and brief announcements Recommended Action: Receive brief reports on councilmember activities and brief announcements

5. Subject: Report on Committee assignments
Recommended Action: Report on Committee assignments

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6. Subject: Report on Subcommittee assignments
Recommended Action: Report on Subcommittee assignments

7. Subject: City Manager update
Recommended Action: Receive City Manager update on City business

8. Subject: Department Update - Administrative Services Recommended Action: Receive update regarding the Administrative Services Department
CONSENT CALENDAR (Items 9-21)
Unless there are separate discussions and/or actions requested by council, staff or a member of the public, it is requested that items under the Consent Calendar be acted on simultaneously.

9. Subject: Consider approval of the November 1 City Council minutes Recommended Action: Approve the November 1 City Council minutes A - Draft Minutes

11. Subject: Consider accepting Accounts Payable for the periods ending September 11, 2022; September 18, 2022; September 25, 2022; and October 2, 2022 Recommended Action: A. Adopt Resolution No. 22-134 accepting Accounts Payable for the period ending September 11, 2022;
B. Adopt Resolution No. 22-135 accepting Accounts Payable for the period ending September 18, 2022;
C. Adopt Resolution No. 22-136 accepting Accounts Payable for the period ending September 25, 2022; and
D. Adopt Resolution No. 22-137 accepting Accounts Payable for the period ending October 2, 2022

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Staff Report
A – Draft Resolution 9.11.22
B – Weekly AP Payment Register for the Period Ending 9.11.22 C – Draft Resolution 9.18.22
D – Weekly AP Payment Register for the Period Ending 9.18.22 E – Draft Resolution 9.25.22
F – Weekly AP Payment Register for the Period Ending 9.25.22 G – Draft Resolution 10.2.22
H – Weekly AP Payment Register for the Period Ending 10.2.22

12. Subject: Consider the Monthly Treasurer's Report for September 2022 Recommended Action: Accept the Monthly Treasurer's Report for September 2022 Staff Report
A - Report of City-wide Receipts, Disbursements, and Cash Balances September 2022 B - Report of City-wide Fund Balances September 2022

13. Subject: Consider the Monthly Treasurer's Investment Report for September 2022 Recommended Action: Accept the Monthly Treasurer's Investment Report for September 2022
Staff Report
A - Chandler Investment Report September 2022
B - Chandler Custodial Report September 2022
C - PARS Pension and OPEB Account Statement September 2022 D - LAIF Account Statement September 2022

14. Subject: Consider the Treasurer's Investment Report for Quarter Ending September 30, 2022
Recommended Action: Accept the Treasurer's Investment Report for Quarter Ending September 30, 2022
Staff Report
A - Chandler Investment Report September 2022
B - Chandler Custodial Report September 2022_Redacted
C - PARS Pension and OPEB Account Statement September 2022 D - Pension & OPEB Section 115 Trust Performance Report for Quarter Ending September 30, 2022 E - LAIF Account Statement September 2022_Redacted

15. Subject: Consider Authorizing the City Manager to execute a First Amendment to Active Network, LLC., Product and Services Agreement, to renew Active Network Recreation Management Services Software Solution for $1,430,000, plus a contingency of $143,000, over five years for a total cost of $1,573,000 Recommended Action: Authorize the City Manager to execute a First Amendment to Active Network, LLC., Product and Services Agreement, to renew Active Network Recreation Management Services Software Solution for $1,430,000, plus a contingency of $143,000, over five years for a total cost of $1,573,000

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Staff Report
A - First Amendment to Active Network, LLC., Product and Services Agreement B - Proof of Insurance
C - Active Network, LLC., Product and Services Agreement D - Sole Source Letter

16. Subject: Consider adoption of a revised Cupertino Community Funding Grant Program Policy (continued on September 20, 2022)
Recommended Action: Receive an update from the City Council subcommittee meetings for the Cupertino Community Funding Grant Program Policy and adopt a revised Cupertino Community Funding Grant Program Policy Staff Report
A - City Council September 20 Staff Report and Attachments B - Community Funding Grant Policy (Redlined)
C - Community Funding Grant Policy (Clean)
D - Parks and Recreation Commissioner Evaluation Form (Redlined) E - Parks and Recreation Commissioner Evaluation Form (Clean)

17. Subject: Continue the Community Funding Grant subcommittee with expanded jurisdiction to review the festival fee waiver policy and application Recommended Action: Direct the Community Funding Grant subcommittee, including Vice Mayor Chao, Councilmember Moore, Parks and Recreation Commission Chair and Vice Chair and Parks and Recreation Department Director to develop a proposed Festival Fee Waiver Policy and festival fee waiver application.

Staff Report

18. Subject: Consider setting a hearing date on January 17, 2023 to declare a public nuisance (from weeds) and to consider objections for proposed removal; declare properties as having potential fire hazards from weeds or other potential nuisances for the Cupertino Weed Abatement Program
Recommended Action: Adopt Resolution No. 22-138 declaring properties as having potential fire hazards from weeds or other potential nuisances; and set hearing on January 17, 2023 to declare a public nuisance and to consider objections for proposed removal
Staff Report
A - Draft Resolution and Exhibit A
B - 2023 Cupertino Commencement Report (Exhibit A)

19. Subject: Consider authorization to execute a first amendment to the agreement for Disposal of Municipal Solid Waste between the City of Cupertino and International Disposal Corporation of California, Inc., extending the term for two years

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Recommended Action: Authorization of the City Manager to execute a first amendment to the agreement for Disposal of Municipal Solid Waste between the City of Cupertino and International Disposal Corporation of California, Inc. to November 2025
Staff Report
A - Draft First Amendment to Agreement

20. Subject: Consider the summary vacation of a portion of a Public Utility Easement on the property located at 10826 Brookwell Drive
Recommended Action: Adopt Resolution No. 22-139, summarily vacating a portion of Public Utility Easement on the property located at 10826 Brookwell Drive Staff Report
A - Aerial Exhibit
B - Draft Resolution

21. Subject: Consider approval of a Final Map and the Subdivision Improvement Agreement for the Alan Row Development Project (Tract No. 10587; Applicant: Alan Enterprise, LLC; Location: 22690 Stevens Creek Boulevard; APN's: 342-14-104, 342-14-105, and 342-14-066
Recommended Action: Adopt Resolution No. 22-140:
1) Approving the final map;
2) Accepting the street dedication and public service easements and abandoning redundant public roadway easements as shown on the map; and 3) Authorizing the City Engineer to execute and record the Subdivision Improvement Agreement
Staff Report
A - Draft Resolution
B - Final Map
C - Subdivision Improvement Agreement

SECOND READING OF ORDINANCES

22. Subject: City Council hearing to conduct second reading of amendments to implement state legislation (Senate Bill 9), that provides for ministerial approval of up to two units and/or a lot split in a residential single-family zone
Recommended Action: Conduct the second reading and enact Ordinance No. 22-2246:
"An Ordinance of the City Council of the City of Cupertino amending chapters

18.20.170, 19.08.030, 19.12.030, 19.12.110, 19.28.040, 19.28.050, 19.28.110, 19.28.150,

19.28.170, 19.40.050, 19.40.060, 19.40.090, and 19.112.060 to adopt standards for ministerial approval of duplexes and lot splits in Single-Family Residential zoning districts."
Staff Report
A - Regular Draft Ordinance No. 22-2246
B - Redlined Pages of Draft Ordinance Indicating Council Action

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PUBLIC HEARINGS - None

ORDINANCES AND ACTION ITEMS

23. Subject: Consider the First Quarter Financial Report for Fiscal Year 2022-23 Recommended Action: 1. Accept the City Manager’s First Quarter Financial Report for Fiscal Year 2022-23

2. Adopt Resolution No. 22-141 approving Budget Modification #2223-244 increasing appropriations by $1,806,337 and revenues by $920,149
Presenters: Kristina Alfaro, Director of Administrative Services and Thomas Leung, Budget Manager
Staff Report
A - FY 2022-23 First Quarter Financial Report
B - Draft Resolution
C - Description of Carryovers and Adjustments through 9.30.2022 D - Description of Budget Transfers through 9.30.2022
E - First Quarter Recommended Budget Adjustments Journal F - FY 2021-22 Special Projects Update
G - FY 2022-23 First Quarter Special Projects Update as of 9.30.2022 H - Competitive and Non-Competitive Citywide Grants Tracking I - Fleet and Equipment Replacement Process
J - Capital Improvement Program Projects Update

24. Subject: Consider City Hall Renovation Project update Recommended Action: 1. Receive report of the City Hall Project Subcommittee; and

2. Direct staff to include the City Hall Renovation Project as part of the fiscal year 2023-24 proposed Capital Improvement Program (CIP) project and budget Presenter: Susan Michael, Capital Improvement Programs Manager Staff Report
ORAL COMMUNICATIONS - CONTINUED (As necessary)

COUNCIL AND STAFF COMMENTS AND FUTURE AGENDA ITEMS

ADJOURNMENT
Lobbyist Registration and Reporting Requirements: Individuals who influence or attempt to influence legislative or administrative action may be required by the City of Cupertino’s lobbying ordinance (Cupertino Municipal Code Chapter 2.100) to register and report lobbying activity. Persons whose communications regarding any legislative or administrative are solely limited to appearing at or submitting testimony for any public meeting held by the City are not required to register as lobbyists.

For more information about the lobbying ordinance, please contact the City Clerk’s Office at 10300 Torre Avenue, Cupertino, CA 94107; telephone (408) 777-3223; email [email protected]; and website: www.cupertino.org/lobbyist.

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The City of Cupertino has adopted the provisions of Code of Civil Procedure §1094.6; litigation challenging a final decision of the City Council must be brought within 90 days after a decision is announced unless a shorter time is required by State or Federal law.

Prior to seeking judicial review of any adjudicatory (quasi-judicial) decision, interested persons must file a petition for reconsideration within ten calendar days of the date the City Clerk mails notice of the City’s decision. Reconsideration petitions must comply with the requirements of Cupertino Municipal Code §2.08.096. Contact the City Clerk’s office for more information or go to http://www.cupertino.org/cityclerk for a reconsideration petition form.

In compliance with the Americans with Disabilities Act (ADA), anyone who is planning to attend this meeting who is visually or hearing impaired or has any disability that needs special assistance should call the City Clerk's Office at 408-777-3223, at least 48 hours in advance of the meeting to arrange for assistance. In addition, upon request, in advance, by a person with a disability, meeting agendas and writings distributed for the meeting that are public records will be made available in the appropriate alternative format.

Any writings or documents provided to a majority of the Cupertino City Council after publication of the packet will be made available for public inspection in the City Clerk’s Office located at City Hall, 10300 Torre Avenue, Cupertino, California 95014, during normal business hours; and in Council packet archives linked from the agenda/minutes page on the Cupertino web site.

IMPORTANT NOTICE: Please be advised that pursuant to Cupertino Municipal Code section

2.08.100 written communications sent to the Cupertino City Council, Commissioners or City staff concerning a matter on the agenda are included as supplemental material to the agendized item. These written communications are accessible to the public through the City’s website and kept in packet archives. Do not include any personal or private information in written communications to the City that you do not wish to make public, as written communications are considered public records and will be made publicly available on the City website.

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CITY OF CUPERTINO
Agenda Item
22-11615 Agenda Date:
11/15/2022 Agenda #: 1.

Subject: Status update on the 6th Cycle Housing Element update Receive the report and direct staff to 1) publish the draft Housing Element and to solicit public feedback for 30 -days and, 2) incorporate comments received in the draft Housing Element and submit the document to the State Housing and Community Development Department (HCD) for review CITY OF CUPERTINO Page 1 of 1 Printed on 11/10/2022
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CITY COUNCIL STAFF REPORT
Meeting: November 15, 2022
Subject
Status update on the 6th Cycle Housing Element update.

Recommended Action
Receive the report and direct staff to 1) publish the draft Housing Element and to solicit public feedback for 30‐days and, 2) incorporate comments received in the draft Housing Element and submit the document to the State Housing and Community Development Department (HCD) for review.

Discussion
Following the Council’s approval of the Sites Inventory on August 30, 2022, staff remained committed in completing a certified Housing Element and worked closely with the consultant in commencing the EIR for the required CEQA review. On October 11, 2022. the City received an administrative draft Housing Element document. With that, staff recommends the City Council publish the draft document to solicit the public’s feedback for 30‐days and to submit the draft document to HCD for review.

At present, a Sites Inventory has been approved and extensive community outreach has been completed. These are key early steps in the Housing Element update process. The upcoming steps necessary to complete and certify the Housing Element are as follows (see Figure 1, below, for a graphic representation):
1) Make the Draft Housing Element available for public comment for a period of 30 days, as required by state law (Government Code, section 65585(b)(1) and respond to all comments received. The Draft could be made available as soon as November 16, 2022; 2) Submit the Draft Housing Element to HCD for their review and comment. This could be done as soon as mid‐January 2023;
3) HCD’s review period is 90 days. During the latter part of this review period (60‐70 days into the 90‐day period), prior to receiving HCD’s comment letter, we anticipate that City staff and the City’s consultant will meet with HCD to discuss their main issues and the changes that will be 12 CC 11-15-2022
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2 necessary to make the Draft Housing Element a certifiable document. It is estimated that HCD’s review be completed by mid‐April 2023;
4) Once HCD’s formal comment letter is received, staff and its consultant will make any necessary changes to the Draft Housing Element. The time involved to revised the Draft is variable, depending on the extent of the changes, but is estimated at 30‐60 days; 5) The revised Draft Housing Element will then be presented to the City’s Housing Commission, Planning Commission and City Council for their review and comment. Additional review of the revised Draft Housing Element by HCD may be necessary (this would take up to 60 days). It is estimated that the review of the revised Draft by the Housing Commission, Planning Commission and City Council will take two to four months and could occur between June and October 2023; 6) The City Council is the local legislative body that adopts the Housing Element. The Housing Element must then be certified by HCD and found compliant with state law. The City expects to adopt its Housing Element by December 2023.

Figure 1: Upcoming Steps Roadmap
Analysis
Alternatives to Draft Submittal to HCD
State housing element law requires that any draft housing element be submitted to HCD at least 90 days prior to its adoption. (Gov. Code, § 65585(b)(1).) In practice, the Housing Element certification process is iterative, often requiring multiple rounds of HCD review and comment before HCD finds that a housing element is in substantial compliance with state law.

Given the iterative nature of the review process, it would be advisable to provide a Draft Housing Element to HCD as soon in the update process as is feasible. However, prior to submitting a Draft Housing Element to HCD, the City is required to make the Draft available for public comment for a period of 30 days, and if any comments are received on the Draft then a response to comments period of at least 10 days is also required. Following this, the Draft Housing Element can be submitted to HCD for their review and comment. As described above, it typically takes 90 days for cities to receive a response from HCD in the form of a detailed comment letter.

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3 would need to be made available for public review by early December at the latest.1 Given that the current Draft is an administrative draft, staff anticipates substantial comments will be provided by the public during the 30‐day public review period.

Alternatively, the City could allow a new consultant time to review and modify the current administrative Draft Housing Element prior to submission to HCD. This approach would likely result in an improved draft that would generate fewer comments from HCD staff, but would add time to the process. It is estimated that the soonest a revised draft could be prepared by a qualified consulting firm would be late‐February 2023. Factoring in the required public comment and response to comments period this would mean that the soonest the City could submit the revised Draft to HCD would be April 2023.

Based on the additional time involved to revise the current Draft Housing Element, staff recommends that the current draft be made available now for public comment and response in preparation for submittal to HCD in order to expedite the review and certification processes. This accelerated approach, if taken, would be a different direction than what was previously discussed. Previously, the direction has been to present the Draft Housing Element to the Housing and Planning Commissions for their review and then to City Council, prior to submittal of the Draft to HCD. The sole reason for this change in direction is to save time and receive feedback from HCD sooner in the process. Once comments have been received from HCD and a revised draft prepared the revised draft can then be presented to the Housing and Planning Commissions for their review and, ultimately, to the City Council for review and adoption.

Background: 6th Cycle Housing Element Update/RHNA
The City is currently preparing its 6th Cycle Housing Element update, which covers the planning period 2023 to 2031. The Housing Element is part of Cupertino’s General Plan and identifies policies and programs intended to meet the housing needs of the City’s current and future residents, at all levels of income.

State law requires that every city and county in California adopt a Housing Element every eight years to reflect the Regional Housing Needs Allocation (RHNA) established for each jurisdiction.

The table below indicates the City’s RHNA for the 2023‐2031 planning period.

Income Levels RHNA (units)
Very Low Income (<50% of AMI) 1,193
Low Income (50‐80% of AMI) 687
Moderate Income (80‐120% of AMI) 755
Above‐Moderate Income (>120% of AMI) 1,953
Total 4,588
Once a city’s RHNA has been determined that city must demonstrate that it has adequate housing sites to accommodate its RHNA. There are specific requirements on site selection to ensure that the City has sites, with appropriate zoning and development standards in place, to support the development of housing for persons at all income levels, as specified by State law. 14 CC 11-15-2022
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4 The California Housing and Community Development (HCD) Department is the oversight agency that certifies housing elements throughout the state. For all Bay Area jurisdictions, including Cupertino, housing elements are required to be certified by HCD by January 31, 2023.

At present, only one Bay Area city has a certified 6th Cycle Housing Element with a little over two months remaining to the certification deadline.

On September 21, 2021, the City Council awarded a consultant agreement to prepare the 6th Cycle Housing Element update to EMC Planning Group (EMC). Since that time City staff and EMC held over 20 public meetings related to the Housing Element update, beginning with two City Council study sessions, on September 28 and November 16, 2021, which focused on the overall Housing Element update process and state requirements that have greatly expanded the role and extent of public outreach required for the 6th Cycle update. On December 9, 2021, staff and EMC held both a daytime study session with the Housing Commission and an evening community workshop. Like the previous Council meetings, the meetings on December 9 focused on the overall Housing Element update process and new state requirements.

In early March 2022, the City Council held meetings focusing on the community engagement component of the Housing Element and considered establishing a Stakeholders Group to provide input on community engagement. The Council instead established an ad hoc Community Engagement Plan‐Strategic Advisory Committee (Advisory Committee) comprised of elected and appointed officials for this task. The Advisory Committee has since met eight times, most recently on October 26, 2022.

Housing Sites Inventory Process
During the 2022 calendar year, the primary focus of the Housing Element update has been the establishment of a housing Sites Inventory that would enable the City to meet its 6th Cycle housing needs, or RHNA. The Sites Inventory, which was approved by Council on August 29 and 30, 2022, is the list of City Council‐approved properties that identifies where housing is likely to be developed during the 2023‐2031 planning period.

Approval of the Sites Inventory was crucial to commencing the environmental review process and defining the scope of the Housing Element update as a project subject to the California Environmental Quality Act (CEQA). Given the scope of the Housing Element update, and the rezoning and land use changes necessary to implement it, an environmental impact report (EIR) will be prepared.

The Planning Commission held six study sessions/meetings between January 25 and July 5, 2022, focusing on selecting properties for the Sites Inventory. The last two meetings (June 28 and July 5) were held jointly with the Housing Commission. The meetings progressed from a more general, citywide discussion of potential housing sites, based on state Housing and Community Development (HCD) eligibility guidelines, to a more specific discussion focused on selecting sites at specified densities within specific areas of the City. During the series of meeting and study sessions, the Commissioners provided staff with principles and objectives to guide which sites should be included, specifically that: 1) housing sites should be dispersed throughout the City and strive for a balance between the City’s eastern and western areas; 2) new housing sites should avoid or minimize displacement of existing uses, particularly existing residential uses that would 15 CC 11-15-2022
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5 necessitate the relocation of residents; 3) the Housing Element should avoid significantly “up‐ zoning” sites to the extent feasible; and 4) the Housing Element should include new housing sites that could support the City’s public schools and help counteract declining enrollment trends that are occurring citywide.

Based on this input, staff and EMC prepared a focused list of potential housing sites to better illustrate the locations of the properties. Extensive public comment was provided throughout the April 26 Planning Commission meeting, where the Commission reiterated its previously‐stated principles and goals for housing site selection and also directed staff to focus on the potential inclusion of several “key” sites along South DeAnza and Stevens Creek Boulevards.

On June 28 and July 5, 2022, the Planning and Housing Commissions held a special joint meeting to finalize their housing sites inventory recommendation to Council. The Commissions’ sites inventory recommendation largely aligned with staff’s recommendations, but key changes included increasing housing densities to areas on the City’s west side, particularly in the South DeAnza Boulevard and Bubb Road special areas and the North and South Monta Vista neighborhoods. The Commissions also recommended that development standards be established that allow for more intensive development along the street frontage portions of the DeAnza and Stevens Creek Boulevard corridors, with development on the portions of these properties that abut single‐family neighborhoods limited in scale to preserve the existing neighborhood character.

On August 29 and 30, 2022, the City Council held meetings to consider the joint Planning and Housing Commissions sites inventory recommendations and to take action on the sites inventory so that the CEQA process could commence. During these two meetings the Council reviewed the prospective housing sites by neighborhood and special area, making decisions whether the recommended sites should be included on the inventory, considered a Tier 1 or Tier 2 site (Tier 1 sites are part of the sites inventory; Tier 2 sites are not, but may be included at a later time, if additional housing sites are needed based on HCD’s review of the Housing Element), and at what minimum density the sites should be developed. Overall, the Council’s decision on the sites and densities were aligned with the Commissions’ recommendations, with notable changes being the elimination of several sites along Stevens Creek Boulevard to the east of De Anza Boulevard and inclusion of several sites not previously recommended, in the Bubb Road Special Area, as Tier 2 sites. The Council’s selected sites would result in the potential of 5,720 new housing units, thus meeting the City’s RHNA with an approximate 25% buffer.

Next Steps
If the City Council accepts staff’s recommendation to submit the current Draft Housing Element to HCD for their review and comment, staff will make Draft available for public comment on November 16, 2022 in order to have the Draft submitted to HCD prior to January 31, 2023.

Prepared by: Luke Connolly, Acting Community Development Director Reviewed by: Christopher Jensen, City Attorney
Michael Woo, Assistant City Attorney
Approved by: Pamela Wu, City Manager
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CITY OF CUPERTINO
Agenda Item
22-11522 Agenda Date:
11/15/2022 Agenda #: 1.

Subject: Consider a proclamation recognizing November 13 - 19, 2022 as United Against Hate Week Present proclamation recognizing November 13 - 19, 2022 as United Against Hate Week CITY OF CUPERTINO Page 1 of 1 Printed on 11/10/2022
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CITY OF CUPERTINO
Agenda Item
22-11620 Agenda Date:
11/15/2022 Agenda #: 2.

Subject: Consider a proclamation recognizing November 26, 2022 as Small Business Saturday Present proclamation recognizing November 26, 2022 as Small Business Saturday CITY OF CUPERTINO Page 1 of 1 Printed on 11/10/2022
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CITY OF CUPERTINO
Agenda Item
22-11621 Agenda Date:
11/15/2022 Agenda #: 3.

Subject: Consider certificates of appreciation to volunteers at the Silicon Valley Korean School (SVKS)
Present certificates of appreciation to volunteers at the Silicon Valley Korean School (SVKS) CITY OF CUPERTINO Page 1 of 1 Printed on 11/10/2022
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CITY OF CUPERTINO
Agenda Item
22-11075 Agenda Date:
11/15/2022 Agenda #: 4.

Subject: Brief reports on councilmember activities and brief announcements Receive brief reports on councilmember activities and brief announcements CITY OF CUPERTINO Page 1 of 1 Printed on 11/7/2022
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CITY OF CUPERTINO
Agenda Item
22-11087 Agenda Date:
11/15/2022 Agenda #: 5.

Subject: Report on Committee assignments
Report on Committee assignments
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CITY OF CUPERTINO
Agenda Item
22-11455 Agenda Date:
11/15/2022 Agenda #: 6.

Subject: Report on Subcommittee assignments
Report on Subcommittee assignments
CITY OF CUPERTINO Page 1 of 1 Printed on 11/7/2022
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CITY OF CUPERTINO
Agenda Item
22-11096 Agenda Date:
11/15/2022 Agenda #: 7.

Subject: City Manager update
Receive City Manager update on City business
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CITY OF CUPERTINO
Agenda Item
22-11392 Agenda Date:
11/15/2022 Agenda #: 8.

Subject: Department Update - Administrative Services
Receive update regarding the Administrative Services Department CITY OF CUPERTINO Page 1 of 1 Printed on 11/7/2022
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CITY OF CUPERTINO
Agenda Item
22-10503 Agenda Date:
11/15/2022 Agenda #: 9.

Subject: Consider approval of the November 1 City Council minutes Approve the November 1 City Council minutes
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DRAFT MINUTES

CUPERTINO CITY COUNCIL
Tuesday, November 1, 2022
At 6:45 p.m., Mayor Paul called the Regular City Council Meeting to order and led the Pledge of Allegiance in the Cupertino Community Hall Council Chamber, 10350 Torre Avenue and via teleconference.

ROLL CALL

Present: Mayor Darcy Paul, Vice Mayor Liang Chao, and Councilmembers Kitty Moore, Hung Wei, and Jon Robert Willey.

CEREMONIAL MATTERS AND PRESENTATIONS

1. Subject: Consider a proclamation recognizing November as Lung Cancer Awareness Month
Recommended Action: Present proclamation recognizing November as Lung Cancer Awareness Month
El Camino Health District Board Chair Julia Miller received the proclamation.

Mayor Paul presented the proclamation recognizing November as Lung Cancer Awareness Month.

2. Subject: Consider a proclamation recognizing November as National Native American Heritage Month
Recommended Action: Present proclamation recognizing November as National Native American Heritage Month
Muwekma Ohlone Tribal Chairwoman Charlene Nijmeh received the proclamation.

Mayor Paul presented the proclamation recognizing November as National Native American Heritage Month.

3. Subject: Consider veterans appreciation proclamation honoring veterans and military families
Recommended Action: Present veterans appreciation proclamation honoring veterans 63 CC 11-15-2022
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and military families
Dennis Whittaker and Colonel John Swensson received the proclamation.

Mayor Paul presented the veterans appreciation proclamation honoring veterans and military families.

Council recessed from 7:04 p.m. to 7:20 p.m.

Vice Mayor Chao and Councilmember Wei left the dais and attended the remainder of the meeting via teleconference.

POSTPONEMENTS AND ORDERS OF THE DAY
Paul moved and Moore seconded to move Item 17 to the Consent Calendar. The motion carried Unanimously.

ORAL COMMUNICATIONS
Planning Commissioner Muni Madhdhipatla (representing self) was concerned about misinformation from campaign committees regarding non-profit organizations.

Parks and Recreation Commissioner Sashi Begur (representing self) supported Council’s accomplishments, including development project approvals and the Housing Element process.

Tej and Nitu ceded their time to Sashi Begur.

Siva was concerned about an unhoused person on Portal Avenue and supported safety outreach and assistance on the matter.

Housing Commissioner Tessa Parish (representing self) supported Council’s work on the Housing Element process.

Eric Couch was concerned about a compliant Housing Element process and supported creating a fair share housing plan.

Call-In-User_1 was concerned about the City requiring removal of an unpermitted structure in their backyard.

Jennifer Griffin was concerned about newly signed housing bills, including AB 2097 for reducing parking minimums and AB 2011 for housing on retail land. 64 CC 11-15-2022
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Yvonne Thorstenson was concerned about the Housing Element process and lack of affordable housing and supported developing a housing plan with diverse community input.

Alexander Pieb was concerned about housing affordability and loss of local control and supported diverse community input in the Housing Element process.

Sean Hughes was concerned about slow progress in the Housing Element process and State compliance and supported more homes in Cupertino.

Yuko Shima was concerned about available funding for below market rate housing and supported building a dormitory to support unhoused people.

Sheng-Ming Egan supported submitting the Housing Element plan before the deadline, alternative forms of housing, and addressing housing needs.

Genevieve Kolar was concerned about delays in completing the Housing Element update and lack of affordable housing.

Shivani Kavuluru supported building affordable housing and creating a successful Housing Element plan with community input.

Kamyab Mashian was concerned about the City’s Housing Element and meeting the State deadline and supported community input during the process.

San R opposed previous Council approvals to allocate land for office projects instead of housing projects and developers slowing delivery of housing units.

Planning Commissioner Steven Scharf (representing self) supported the Council’s Housing Element site selection and exceeding the State’s RHNA requirement.

Julie Moncton was concerned about the Housing Element process, meeting the State deadline, loss of local control, and supported reinstating the Stakeholder Group.

Andy Debaets supported a housing plan and maintaining control of building in Cupertino.

Edwyn Castillo was concerned about the Housing Element process and missing the State deadline and lack of affordable housing.

John Zhao was concerned about the Housing Element process and meeting the State deadline and supported diverse community engagement.
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Rhoda Fry supported Planning Commission analysis of the Housing Element and was concerned about filming activities at Lehigh and dust control at Vallco. (Submitted written comments).

Lisa Warren was concerned about misinformation in public comments regarding the Housing Element process.

Jean Bedord was concerned about Housing Element process delays and Council management of the process and meeting the State deadline.

Housing Commissioner Connie Cunningham (representing self) was concerned about delays in the Housing Element process and meeting the State deadline and supported changes. (Submitted written comments).

Emma was concerned about the Housing Element process and meeting the State deadline.

Neil McClintick, representing Cupertino for All, supported diverse community input in the Housing Element process and was concerned about meeting the State deadline. (Submitted written comments).

Gilbert Wong was concerned about comments by Councilmember Moore on social media and supported changes in leadership.

City Clerk Kirsten Squarcia read emails from the following people:
- Stanley Young, representing IFPTE Local 21/CEA, was concerned about comments by Councilmember Moore on social media.
- Caitlyn Huang was concerned about misinformation on political mailers, candidates declining voluntary campaign spending limits, and school closures.

REPORTS BY COUNCIL AND STAFF

4. Subject: Brief reports on councilmember activities and brief announcements Recommended Action: Receive brief reports on councilmember activities and brief announcements
Council received brief reports on councilmember activities and brief announcements.

5. Subject: Report on Committee assignments
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Recommended Action: Report on Committee assignments
Councilmembers highlighted the activities of their various committees.

6. Subject: Report on Subcommittee assignments
Recommended Action: Report on Subcommittee assignments
Councilmembers reported on Subcommittee assignments.

7. Subject: City Manager update
Recommended Action: Receive City Manager update on City business Council received the City Manager update on City business.

8. Subject: City Manager's Office - City Work Program Update Recommended Action: Receive update regarding the City Work Program Acting Assistant to the City Manager Astrid Robles gave a presentation.

Council received the update regarding the City Work Program.

Council recessed from 9:28 p.m. to 9:33 p.m.

Paul moved and Moore seconded to reopen Postponements and Orders of the Day. The motion carried unanimously.

Paul moved and Moore seconded to move Item 17 to the Consent Calendar. The motion carried unanimously.

CONSENT CALENDAR (Items 9-13 and 17)
Moore moved and Willey seconded to approve Items 9, 10, 12, 13, and 17 on the Consent Calendar, including Item 17 which was added to the Consent Calendar, and with the exception of Item 11 which was pulled for discussion. Ayes: Paul, Chao, Moore, Wei, and Willey. Noes:

None. Abstain: None. Absent: None.

9. Subject: Consider approval of the October 18 City Council minutes Recommended Action: Approve the October 18 City Council minutes

10. Subject: Consider adopting a resolution authorizing continued remote teleconference 67 CC 11-15-2022
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meetings of the legislative bodies of the City of Cupertino for the period November 1, 2022 through December 1, 2022 pursuant to the Brown Act, as amended by AB 361 Recommended Action: Adopt Resolution No 22-132 authorizing continued remote teleconference meetings of the legislative bodies of the City of Cupertino for the period November 1, 2022 through December 1, 2022 pursuant to the Brown Act, as amended by AB 361

11. Subject: Consider approval of the Electric Vehicle Parking Expansion Request for Proposals (RFP)
Recommended Action: 1. Approve a purchasing exemption per Cupertino Municipal Code (CMC) Section 3.22.060(B) waiving the formal competitive bidding process; and

2. Approve the Electric Vehicle Parking Expansion RFP to provide electric vehicle charging stations at six City of Cupertino properties
Written communications about this item included emails to Council.

Mayor Paul opened the public comment period and the following people spoke.

San R was concerned about cyber security risks.

Rhoda Fry supported the project going to bid, removing Blackberry Farm from the site locations, and opposed illumination at night.

Jennifer Griffin was concerned about charging costs and trip hazards from cords.

Lisa Warren supported equity in parking spot locations.

Mayor Paul closed the public comment period.

Councilmembers asked questions and made comments.

Chao moved and Willey seconded to approve the staff recommendation with the following modifications:
 Change the Blackberry Farm parking lot to the Monta Vista Recreation Center;  Locate the Electric Vehicle Charging Stations (EVCS) spots in different locations from the existing EV charging station locations, if possible;  Include the rental fee the City is waiving for the use of the City property for charging stations;
 Bring the item back when a vendor is selected and update the Council on the selection process and the final contract.
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Wei made a friendly amendment to add back the Blackberry Farm location. (Chao declined Wei’s friendly amendment, and it was not considered).

Chao made a friendly amendment to:
 Remove the sixth location Blackberry Farm parking lot  Locate Electric Vehicle Charging Stations (EVCS) spots in different locations from existing EV charging stations if possible
 Include the rental fee the City is waiving for the use of the City property for charging stations in the contract
 Bring the item back when a vendor is selected and update the Council on the selection process and the final contract.
 Refer the item to Planning and/or Parks and Recreation Commissions when future EV charging station locations are identified
(Willey accepted Chao’s friendly amendment).

Chao made a second friendly amendment to:
 Remove the sixth location Blackberry Farm parking lot  Locate Electric Vehicle Charging Stations (EVCS) spots in different locations from existing EV charging stations if possible
 Include the rental fee the City is waiving for the use of the City property for charging stations in the contract
 Bring the item back when a vendor is selected and update the Council on the selection process and the final contract.
 Refer the item to Planning and/or Parks and Recreation Commissions when future EV charging station locations are identified on City properties (Willey accepted Chao’s second friendly amendment).

Final Motion:

Chao moved and Willey seconded to approve the staff recommendation as modified to:

1. Approve a purchasing exemption per Cupertino Municipal Code (CMC) Section

3.22.060(B) waiving the formal competitive bidding process; and

2. Approve the Electric Vehicle Parking Expansion RFP to provide electric vehicle charging stations at six City of Cupertino properties;
Chao’s modifications:
 Remove the 6th location Blackberry Farm parking lot
 Locate Electric Vehicle Charging Stations (EVCS) spots in different locations from existing EV charging stations if possible
 Include the rental fee the City is waiving for the use of the City property for charging stations in the contract
 Bring the item back when a vendor is selected and update the Council on the 69 CC 11-15-2022
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selection process and the final contract.
 Refer the item to Planning and/or Parks and Rec Commissions when future EV charging station locations are identified on City properties The modified amended motion carried unanimously.

12. Subject: Consider authorizing the City Manager to execute a Cost Share Agreement with the City of Saratoga for pavement sealing on Prospect Road between De Anza Boulevard and Stelling Road
Recommended Action: Authorize the City Manager to execute a Cost Share Agreement with the City of Saratoga for pavement sealing on Prospect Road between De Anza Boulevard and Stelling Road

13. Subject: Amend two existing contracts awarded to both West Coast Code Consultants, Inc. and Independent Code Consultants, Inc. to provide On-Call Professional Plan Review Services as needed.

Recommended Action: 1. Amend the existing $80,000 contract awarded to West Coast Code Consultants, Inc. and increasing the amount by $250,000 for a total contract amount of $330,000

2. Amend the existing $175,000 contract awarded to Independent Code Consultants, Inc. and increasing the amount by $250,000 for a total contract amount of $425,000

17. Subject: Consider approval of formation of Council Subcommittee on the Legislative Aide interview process; selection of Councilmembers to serve on Subcommittee Recommended Action: 1. Approve the formation of a Council Subcommittee to work with City staff on the Legislative Aide interview process; and a. Appoint two Councilmembers to serve on the Legislative Aide Subcommittee; consider Councilmembers Moore and Wei for Subcommittee membership

SECOND READING OF ORDINANCES

14. Subject: Amendment to Title 16, Buildings and Construction, of the Cupertino Municipal Code adopting the California Buildings Standards Code and Fire Code as mandated by the State of California and making local exceptions to those standards as warranted.

Recommended Action: 1. Conduct the second reading and enact Ordinance No. 22-2245 “An Ordinance of the City Council of the City of Cupertino Amending Chapters 16.02, 16.04, 16.06, 16.16, 16.20, 16.24, 16.28, 16.32, 16.40, 16.42, 16.54, 16.58,

16.62, 16.64, and 16.68 of Title 16 of the Cupertino Municipal Code adopting the California Building, Residential, Electrical, Mechanical, Plumbing, Energy, Fire, Historical Building Code, Fire, Existing Building Code, Green Building Standards Code, Referenced Standards Code, Uniform Housing Code, and Property Maintenance Code 70 CC 11-15-2022
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with certain exceptions, deletions, modifications, additions and amendments”;

2. Find the project is exempt from CEQA pursuant to 14 California Code of Regulations Sections 15061(b)(3) and 15308.

Mayor Paul opened the public comment period and, seeing no one, closed the public comment period.

City Clerk Kirsten Squarcia read the title of Ordinance No. 22-2245: “An Ordinance of the City Council of the City of Cupertino Amending Chapters 16.02, 16.04, 16.06, 16.16,

16.20, 16.24, 16.28, 16.32, 16.40, 16.42, 16.54, 16.58, 16.62, 16.64, and 16.68 of Title 16 of the Cupertino Municipal Code adopting the California Building, Residential, Electrical, Mechanical, Plumbing, Energy, Fire, Historical Building Code, Fire, Existing Building Code, Green Building Standards Code, Referenced Standards Code, Uniform Housing Code, and Property Maintenance Code with certain exceptions, deletions, modifications, additions and amendments.”
Paul moved and Willey seconded to:

1. Read Ordinance No. 22-2245 by title only, and that the City Clerk’s reading constitutes the second reading thereof; and

2. Enact Ordinance No. 22-2245;

3. Find the project is exempt from CEQA pursuant to 14 California Code of Regulations Sections 15061(b)(3) and 15308.

Ayes: Moore, Wei, Willey, Chao, and Paul. Noes: None. Abstain: None. Absent: None.

PUBLIC HEARINGS - None

ORDINANCES AND ACTION ITEMS
Paul moved and Willey seconded to hear Item 16 before Item 15. The motion carried unanimously.

16. Subject: FY 22-23 City Work Program item: Student Internship Program Recommended Action: Direct staff to:

1. Proceed with developing the Student Internship Program by incorporating criteria from the 2022 summer intern pilot program and the existing Volunteer Intern Policy (Attachment A); and

2. Approve the formation of a Council Subcommittee and appoint two Councilmembers to guide the final candidate selection process Mayor Paul opened the public comment period and the following people spoke. 71 CC 11-15-2022
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Jennifer Griffin supported a work study summer program for high school students to receive credits.

Mayor Paul closed the public comment period.

Councilmembers asked questions and made comments.

Paul moved and Chao seconded to:

1. Proceed with developing the Student Internship Program by incorporating criteria from the 2022 summer intern pilot program and the existing Volunteer Intern Policy; and

2. Approve the formation of a Council Subcommittee and appoint Vice Mayor Chao and Councilmember Wei to guide the final candidate selection process.

Chao made a friendly amendment to:
 Review existing guidelines and propose revisions
 Consider adding college interns as mentors for high school interns  Consider Commissioners as mentors too.
 Consider existing Work Study Program with Fremont Union High School District (FUHSD) and De Anza College
Paul accepted the friendly amendment.

Final Motion:

Paul moved and Chao seconded to approve the staff recommendation as amended:

1. Proceed with developing the Student Internship Program by incorporating criteria from the 2022 summer intern pilot program and the existing Volunteer Intern Policy; and

2. Approve the formation of a Council Subcommittee and appoint Vice Mayor Chao and Councilmember Wei to guide the final candidate selection process.

Chao’s amendments:
 Review existing guidelines and propose revisions
 Consider adding college interns as mentors for high school interns  Consider Commissioners as mentors too.
 Consider existing Work Study Program with Fremont Union High School District (FUHSD) and De Anza College
The amended motion carried unanimously.

Council recessed from 11:03 p.m. to 11:08 p.m.

15. Subject: Consider an ordinance to implement state legislation (Senate Bill 9), that 72 CC 11-15-2022
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provides for ministerial approval of up to two units and/or a lot split in a residential single-family zone
Recommended Action: That the City Council:

1. Find the proposed actions exempt from CEQA; and

2. Conduct the first reading of Ordinance No. 22-2246: "An Ordinance of the City Council of the City of Cupertino amending chapters 18.20.170, 19.08.030, 19.12.030,

19.12.110, 19.28.040, 19.28.050, 19.28.110, 19.28.150, 19.28.170, 19.40.050, 19.40.060,

19.40.090, and 19.112.060 to adopt standards for ministerial approval of duplexes and lot splits in Single-Family Residential zoning districts." Presenter: Emi Sugiyama, Assistant Planner and Piu Ghosh, Planning Manager Written communications for this item included a staff presentation and comments from Councilmember Wei.

Assistant Planner Emi Sugiyama gave a presentation.

Mayor Paul opened the public comment period and the following people spoke.

Nitu and Tej Kohli supported consideration for lost time during the ordinance adoption process and expediting discretionary approvals.

Nageshwara Rao Vempaty opposed grade change limitations and supported allowances for specific lots.

Jennifer Griffin was concerned about loss of local control and recently signed housing bills for lot splits and accessory dwelling units (ADUs).

Mayor Paul closed the public comment period.

Councilmembers asked questions and made comments.

City Clerk Kirsten Squarcia read the title of Ordinance No. 22-2246 as modified: "An Ordinance of the City Council of the City of Cupertino amending chapters 18.20.170,

19.08.030, 19.12.030, 19.12.110, 19.28.040, 19.28.050, 19.28.110, 19.28.150, 19.28.170,

19.40.050, 19.40.060, 19.40.090, and 19.112.060 to adopt standards for ministerial approval of duplexes and lot splits in Single-Family Residential zoning districts." Paul moved and Willey seconded to:

1. Find the proposed actions exempt from CEQA; and

2. Read Ordinance No. 22-2246 by title only, and that the City Clerk’s reading constitutes the first reading thereof; and
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3. Include staff’s recommendation regarding grade change limitation with a modification as follows for lots with a slope of more than 10%: For slopes greater than 10%, the slope would be no greater than 36 inches from the existing grade.

Ayes: Moore, Wei, Willey, Chao, and Paul. Noes: None. Abstain: None. Absent: None.

As noted under Postponements and Orders of the Day, Item 17 was moved to the Consent Calendar.

ORAL COMMUNICATIONS - CONTINUED (As necessary) – None

COUNCIL AND STAFF COMMENTS AND FUTURE AGENDA ITEMS
Chao and Willey requested a future agenda item regarding issues of homelessness and public spaces.

ADJOURNMENT
At 12:43 a.m. on Wednesday, November 2, Mayor Paul adjourned the Regular City Council Meeting.
__________________________
Kirsten Squarcia City Clerk
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CITY OF CUPERTINO
Agenda Item
22-11294 Agenda Date:
11/15/2022 Agenda #:

10. Subject: Consider adopting a resolution authorizing continued remote teleconference meetings of the legislative bodies of the City of Cupertino for the period November 15, 2022 through December 15, 2022 pursuant to the Brown Act, as amended by AB 361
Adopt Resolution No. 22-133 authorizing continued remote teleconference meetings of the legislative bodies of the City of Cupertino for the period November 15, 2022 through December 15, 2022 pursuant to the Brown Act, as amended by AB 361
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1 CITY COUNCIL STAFF REPORT
Meeting: November 15, 2022
Subject
Consider adopting a resolution authorizing continued remote teleconference meetings of the legislative bodies of the City of Cupertino for the period November 15, 2022 through December 15, 2022 pursuant to the Brown Act, as amended by AB 361 Recommended Action
Consider adopting a resolution authorizing continued remote teleconference meetings of the legislative bodies of the City of Cupertino for the period November 15, 2022 through December 15, 2022 pursuant to the Brown Act, as amended by AB 361 Background
On March 2, 2020, Governor Newsom declared a state of emergency due to the public health threat posed by COVID-19. On March 4, 2020, Governor Newsom issued Executive Order No-29-20, which suspended certain elements of the Brown Act and specifically allowed legislative bodies to hold meetings entirely electronically with no physical meeting. In accordance with the Executive Order, the City held its first teleconference meeting on March 24, 2020, to help stop the spread of COVID-19. On June 11, 2021, Governor Newsom issued Executive Order No-08-21, which stated that the provisions in Executive Order No-29-20, suspending certain elements of the Brown Act, would continue to apply through September 30, 2021. On October 17, 2022, Governor Newsom announced that the COVID-19 State of Emergency will end on February 28, 2023.

On September 15, 2021, Governor Newsom signed AB 361 into law, which allows state and local agencies to continue using teleconferencing during certain state-declared emergencies under modified Brown Act requirements. AB 361 became effective immediately after signing due to its emergency clause and is set to sunset on January 1, 2024. Under AB 361, teleconference meetings may be held during a state of emergency if (1) state or local officials have imposed or recommended measures to promote social distancing, or (2) a legislative body determines by a majority vote that meeting in person would present imminent risks to the health or safety of attendees. (Gov. Code, § 54953(e)(1).)
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2 To continue teleconference meetings beyond a 30-day period, AB 361 requires the Council to make a determination that either (i) "[t]he state of emergency continues to directly impact the ability of the members to meet safely in person, or (ii) “State or local officials continue to impose or recommend measures to promote social distancing.” (Gov. Code, § 54953(e)(3)(B).) That determination must be reviewed each 30 days thereafter to continue teleconference meetings. (Ibid.)
Discussion
AB 361 allows the City Council and other City legislative bodies to continue meeting exclusively via teleconference so long as a state emergency declaration remains in place and the statute’s conditions for permitting remote meetings are met. To continue meeting remotely, the City Council must find that state or local officials have imposed or recommend measures to support social distancing, or that the state of emergency continues to directly impact the ability of the members to meet safely in person.

On November 1, 2022, Council adopted Resolution No. 22-132 affirming findings related to AB 361 and authorizing the City Manager and legislative bodies of the City of Cupertino to meet exclusively by teleconference in accordance with Government Code section 54953(e)(3) and other applicable provisions of the Brown Act through December 1, 2022 (Attachment B). Council may make either or both of the permitted findings to extend the time to allow teleconference meetings to continue. The Santa Clara County Health Officer continues to recommend that public bodies meet remotely to the extent possible, specifically including use of newly enacted AB 361 to maintain remote meetings under the Ralph M. Brown Act and similar laws (Attachment C). It is therefore recommended that Council adopt the Draft Resolution authorizing continued teleconference meetings for the City of Cupertino’s legislative bodies in order to protect the health and safety of all attendees and participants, particularly those who are unvaccinated (Attachment A).

Sustainability Impact
Conducting meetings remotely has reduced paper consumption by providing electronic access to meeting materials instead of printed materials.

Fiscal Impact
No fiscal impact.
_____________________________________
Prepared by: Kirsten Squarcia, City Clerk
Approved for Submission by: Pamela Wu, City Manager
Attachments:

A – Draft Resolution
B – Adopted Resolution No. 22-132
C – Health Officer Recommendation Regarding Public Governmental Meetings 77 CC 11-15-2022
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RESOLUTION NO. 22-___

A RESOLUTION OF THE CUPERTINO CITY COUNCIL

AUTHORIZING CONTINUED REMOTE TELECONFERENCE MEETINGS OF THE

LEGISLATIVE BODIES OF THE CITY OF CUPERTINO FOR THE PERIOD NOVEMBER 15, 2022 THROUGH DECEMBER 15, 2022 PURSUANT TO BROWN

ACT PROVISIONS
WHEREAS, the City of Cupertino is committed to preserving and nurturing public access and participation in meetings of the City Council, commissions, and committees; and
WHEREAS, all meetings of the City of Cupertino’s legislative bodies are open and public, as required by the Ralph M. Brown Act (Government Code sections 54950–54963), so that any member of the public may attend, participate, and watch the City’s legislative bodies conduct their business; and
WHEREAS, the Brown Act, Government Code section 54953(e), makes provisions for remote teleconferencing participation in meetings by members of a legislative body, without compliance with the requirements of Government Code section 54953(b)(3), subject to the existence of certain conditions; and
WHEREAS, a required condition for holding meetings exclusively by teleconference is that a state of emergency is declared by the Governor pursuant to Government Code section 8625, proclaiming the existence of conditions of disaster or of extreme peril to the safety of persons and property within the state caused by conditions as described in Government Code section 8558; and
WHEREAS, Government Code section 54953(e) further requires that in order to authorize meetings exclusively by teleconference, a legislative body must determine that state or local officials have imposed or recommended measures to promote social distancing, or that meeting in person would present imminent risks to the health and safety of attendees; and
WHEREAS, on October 5, 2021, November 2, 2021, November 30, 2021, December 21, 2021, January 18, 2022, February 15, 2022, March 15, 2022, April 5, 2022, May 3, 2022, May 19, 2022, June 7, 2022, July 7, 2022, July 19, 2022, August 16, 2022, September 6, 2022, October 4, 2022, and November 1, 2022 the Cupertino City Council made the findings required under Government Code section 54953(e) and resolved that the legislative bodies of the City of Cupertino shall conduct their meetings without compliance with 78 CC 11-15-2022
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Resolution No. 22-__

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Government Code section 54953(b)(3), as authorized by Government Code section 54953(e), and that such legislative bodies should comply with the requirements to provide the public with access to the meetings as prescribed in section 54953(e)(2); and WHEREAS, Government Code section 54593(e)(3) provides that to continue to holding meetings of legislative bodies exclusively by teleconference, the legislative body must reconsider the circumstances of the state of emergency every 30 days, and find that either (i) the state of emergency continues to directly impact the ability of the members to meet safely in person, or (ii) State or local officials continue to impose or recommend measures to promote social distancing; and
WHEREAS, the City Council has reconsidered the circumstances of the state of emergency that now exists, specifically defined in the County of Santa Clara proclamation of a local emergency beginning February 3, 2020, the City of Cupertino proclamation of a local emergency on March 11, 2020, the Governor of the State of California proclamation of a state of emergency beginning on March 4, 2020, and the national emergency declaration in Proclamation 9994 of March 13, 2020, beginning March 1, 2020, concerning the COVID-19 pandemic; and
WHEREAS, the County of Santa Clara Health Officer's Recommendation Regarding Continued Remote Public Meetings of Governmental Entities dated September 21, 2021 and the California Department of Industrial Relations Revised Emergency Temporary Standards, effective May 6, 2022, continue to require or recommend social distancing in the workplace in certain circumstances; and WHEREAS, the Health Officer's Recommendations, the Revised Emergency Temporary Standards, and evidence documenting the transmission of COVID-19 in indoor spaces establishes that the state of emergency continues to directly impact the ability of the members to meet safely in person; and
WHEREAS, based on the above findings, the Cupertino City Council hereby determines that the legislative bodies of the City of Cupertino shall continue to conduct their meetings without compliance with Government Code section 54953(b)(3), as authorized by Government Code section 54953(e), and that such legislative bodies shall comply with the requirements to provide the public with access to the meetings as prescribed in section 54953(e)(2); and
WHEREAS, the City has and will continue to provide access for the public to legislative meetings and procedures through video teleconference technologies. 79 CC 11-15-2022
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NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Cupertino, as follows:

1. Remote Teleconference Meetings. The City Manager and legislative bodies of the City of Cupertino are hereby authorized and directed to meet exclusively by teleconference and to take all actions necessary to carry out the intent and purpose of this Resolution, including conducting open and public meetings in accordance with Government Code section 54953(e) and other applicable provisions of the Brown Act.

2. Effective Date of Resolution. This Resolution shall take effect immediately upon its adoption and shall be effective through December 15, 2022, or such time as the City Council adopts a subsequent resolution in accordance with Government Code section 54953(e)(3) to extend the time during which the City Council of the City of Cupertino may continue to teleconference without compliance with Government Code section 54953(b)(3).

PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 15th day of November 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
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RESOLUTION NO. 22-132

A RESOLUTION OF THE CUPERTINO CITY COUNCIL

AUTHORIZING CONTINUED REMOTE TELECONFERENCE MEETINGS OF THE

LEGISLATIVE BODIES OF THE CITY OF CUPERTINO FOR THE PERIOD NOVEMBER 1, 2022 THROUGH DECEMBER 1, 2022 PURSUANT TO BROWN ACT

PROVISIONS
WHEREAS, the City of Cupertino is committed to preserving and nurturing public access and participation in meetings of the City Council, commissions, and committees; and
WHEREAS, all meetings of the City of Cupertino's legislative bodies are open and public, as required by the Ralph M. Brown Act (Government Code sections 54950-54963), so that any member of the public may attend, participate, and watch the City's legislative bodies conduct their business; and
WHEREAS, the Brown Act, Government Code section 54953(e), makes provisions for remote teleconferencing participation in meetings by members of a legislative body, without compliance with the requirements of Government Code section 54953(b)(3), subject to the existence of certain conditions; and
WHEREAS, a required condition for holding meetings exclusively by teleconference is that a state of emergency is declared by the Governor pursuant to Government Code section 8625, proclaiming the existence of conditions of disaster or of extreme peril to the safety of persons and property within the state caused by conditions as described in Government Code section 8558; and
WHEREAS, Government Code section 54953(e) further requires that in order to authorize meetings exclusively by teleconference, a legislative body must determine that state or local officials have imposed or recommended measures to promote social distancing, or that meeting in person would present imminent risks to the health and safety of attendees; and
WHEREAS, on October 5, 2021, November 2, 2021, November 30, 2021, December 21, 2021, January 18, 2022, February 15, 2022, March 15, 2022, April 5, 2022, May 3, 2022, May 19, 2022, June 7, 2022, July 7, 2022, July 19, 2022, August 16, 2022, September 6, 2022, and October 4, 2022 the Cupertino City Council made the findings required under Government Code section 54953(e) and resolved that the legislative bodies of the City of Cupertino shall conduct their meetings without compliance with Government Code 81 CC 11-15-2022
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Resolution No. 22-132
Page2
section 54953(b)(3), as authorized by Government Code section 54953(e), and that such legislative bodies should comply with the requirements to provide the public with access to the meetings as prescribed in section 54953(e)(2); and WHEREAS, Government Code section 54593(e)(3) provides that to continue to holding meetings of legislative bodies exclusively by teleconference, the legislative body must reconsider the circumstances of the state of emergency every 30 days, and find that either (i) the state of emergency continues to directly impact the ability of the members to meet safely in person, or (ii) State or local officials continue to impose or recommend measures to promote social distancing; and
WHEREAS, the City Council has reconsidered the circumstances of the state of emergency that now exists, specifically defined in the County of Santa Clara proclamation of a local emergency beginning February 3, 2020, the City of Cupertino proclamation of a local emergency on March 11, 2020, the Governor of the State of California proclamation of a state of emergency beginning on March 4, 2020, and the national emergency declaration in Proclamation 9994 of March 13, 2020, beginning March 1, 2020, concerning the COVID-19 pandemic; and
WHEREAS, the County of Santa Clara Health Officer's Recommendation Regarding Continued Remote Public Meetings of Governmental Entities dated September 21, 2021 and the California Department of Industrial Relations Revised Emergency Temporary Standards, effective May 6, 2022, continue to require or recommend social distancing in the workplace in certain circumstances; and WHEREAS, the Health Officer's Recommendations, the Revised Emergency Temporary Standards, and evidence documenting the transmission of COVID-19 in indoor spaces establishes that the state of emergency continues to directly impact the ability of the members to meet safely in person; and
WHEREAS, based on the above findings, the Cupertino City Council hereby determines that the legislative bodies of the City of Cupertino shall continue to conduct their meetings without compliance with Government Code section 54953(b)(3), as authorized by Government Code section 54953(e), and that such legislative bodies shall comply with the requirements to provide the public with access to the meetings as prescribed in section 54953(e)(2); and
WHEREAS, the City has and will continue to provide access for the public to legislative meetings and procedures through video teleconference technologies. 82 CC 11-15-2022
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NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Cupertino, as follows:

2. Effective Date of Resolution. This Resolution shall take effect immediately upon its adoption and shall be effective through December 1, 2022, or such time as the City Council adopts a subsequent resolution in accordance with Government Code section 54953(e)(3) to extend the time during which the City Council of the City of Cupertino may continue to teleconference without compliance with Government Code section 54953(b)(3).

PASS ED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 1st day of November 2022, by the following vote:

Members of the City Council
A YES: Paul, Chao, Moore, Wei, Willey
NOES: None
ABSENT: None
ABSTAIN: None
SIGNED:
~ '- ~- '
~ l1/1 /"Z-d <:":...z__
Darcy Paul~ Date
City of Cupertmo
ATTEST:

Kirsten Squarcia, City Clerk Date
11/4/22
83 CC 11-15-2022
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County of Santa Clara
Public Health Department
Health Officer
976 Lenzen Avenue, 2nd Floor
San José, CA 95126
408.792.3798
Board of Supervisors: Mike Wasserman, Cindy Chavez, Otto Lee, Susan Ellenberg, S. Joseph Simitian County Executive: Jeffrey V. Smith
Recommendation Regarding Continued Remote Public Meetings of Governmental Entities Issued: September 21, 2021
In light of the continued state of emergency related to COVID-19, the County Public Health Officer continues to recommend that public bodies meet remotely to the extent possible, specifically including use of newly enacted AB 361 to maintain remote meetings under the Ralph M. Brown Act and similar laws.

Among other reasons, this recommendation is made due to the continued threat of COVID-19 to the community, the unique characteristics of public governmental meetings (such as the increased mixing associated with bringing together people from across the community, the need to enable those who are immunocompromised or unvaccinated to be able to safely continue to fully participate in public governmental meetings, and the challenges with fully ascertaining and ensuring compliance with vaccination and other safety recommendations at such meetings), and the continued increased safety protection that social distancing provides as one means by which to reduce the risk of COVID-19 transmission. This recommendation does not apply to those meetings of a quasi-judicial nature that have been already meeting in person prior to September 21, 2021, for example to allow for credibility determinations of witnesses.

The Health Officer will continue to evaluate this recommendation on an ongoing basis and will communicate when there is no longer such a recommendation with respect to meetings for public bodies.
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CITY OF CUPERTINO
Agenda Item
22-11421 Agenda Date:
11/15/2022 Agenda #:

11. Subject: Consider accepting Accounts Payable for the periods ending September 11, 2022; September 18, 2022; September 25, 2022; and October 2, 2022
A. Adopt Resolution No. 22-134 accepting Accounts Payable for the period ending September 11, 2022;
B. Adopt Resolution No. 22-135 accepting Accounts Payable for the period ending September 18, 2022;
C. Adopt Resolution No. 22-136 accepting Accounts Payable for the period ending September 25, 2022; and
D. Adopt Resolution No. 22-137 accepting Accounts Payable for the period ending October 2, 2022
CITY OF CUPERTINO Page 1 of 1 Printed on 11/9/2022
powered by Legistar™ 85
CC 11-15-2022
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CITY COUNCIL STAFF REPORT
Meeting: November 15, 2022
Subject
Consider accepting Accounts Payable for the periods ending September 11, 2022; September 18, 2022; September 25, 2022; and October 2, 2022 Recommended Action
A. Adopt Resolution No. 22-XXX accepting Accounts Payable for the period ending September 11, 2022;
B. Adopt Resolution No. 22-XXX accepting Accounts Payable for the period ending September 18, 2022;
C. Adopt Resolution No. 22-XXX accepting Accounts Payable for the period ending September 25, 2022; and
D. Adopt Resolution No. 22-XXX accepting Accounts Payable for the period ending October 2, 2022
Discussion
On October 24, 2022, the Audit Committee reviewed the Accounts Payable registers as part of the Monthly Treasurer’s Report for September 2022. Responses to the Audit Committee’s inquiries are provided below.
#35183, Netzel Grigsby Associates, Inc., $11,668
The payment was for fundraising planning for Jollyman Park. This is the third and final payment. $35,000 has been spent.
#35173, Cupertino Supply, Inc., $62,196
The payment was for ten stainless steel bottle fillers and ten stainless steel dog dishes for City parks.

Sustainability Impact
No sustainability impact.

Fiscal Impact
No fiscal impact.
_____________________________________
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Prepared by: Thomas Leung, Budget Manager
Reviewed by: Kristina Alfaro, Director of Administrative Services and City Treasurer Approved for Submission by: Pamela Wu, City Manager
A – Draft Resolution 9.11.22
B – Weekly AP Payment Register for the Period Ending 9.11.22 C – Draft Resolution 9.18.22
D – Weekly AP Payment Register for the Period Ending 9.18.22 E – Draft Resolution 9.25.22
F – Weekly AP Payment Register for the Period Ending 9.25.22 G – Draft Resolution 10.2.22
H – Weekly AP Payment Register for the Period Ending 10.2.22 87 CC 11-15-2022
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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 SEPTEMBER 11, 2022
WHEREAS, the Director of Administrative Services or their 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 15
th day of November, 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
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Resolution No. 22-XXX

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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
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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
731017 09/09/2022 Open Accounts Payable 143 Photo Booths $639.00 Invoice Date Description Amount
09172022-12-3 09/02/2022 Bobateeno - 143 Photo Booth; Photo booth for event $639.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$639.00
731018 09/09/2022 Open Accounts Payable ADVANCED SOFTWARE PRODUCTS GROUP, INC.
$873.85
Invoice Date Description Amount
11326 08/31/2022 ReACT Annual Maintenance September 30, 2022 - September 29, 2023
$873.85
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$873.85
731019 09/09/2022 Open Accounts Payable Advantage Grafix $585.66 Invoice Date Description Amount
46820 08/18/2022 Municipal Regional Permit 3.0- printed books (2 copies)
$371.78
46837 08/18/2022 Business cards for City Manager - Pamela Wu $106.94 46840 08/18/2022 Full color business 250 cards for Quinton Adams $106.94 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$106.94
230 - Env Mgmt Cln Crk Strm Drain 230 100-100 (Cash & Investments Assets Operating Cash)
$371.78
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$106.94
731020 09/09/2022 Open Accounts Payable ALHAMBRA $186.72 Invoice Date Description Amount
21589707 090122 09/01/2022 Service Center - Employee Drinking Water $186.72 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$186.72
731021 09/09/2022 Open Accounts Payable American Assured Security, Inc. $269.50 Invoice Date Description Amount
49036 09/01/2022 Rental Security Services $269.50
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$269.50
731022 09/09/2022 Open Accounts Payable Avocette Technologies Inc. $12,922.00 Invoice Date Description Amount
2207CU1 07/31/2022 Accela FY23 Configuration services - July 2022 $12,922.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$12,922.00
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
731023 09/09/2022 Open Accounts Payable BAY AREA NEWS GROUP $1,091.09 Invoice Date Description Amount
0001348629 09/01/2022 Legal Advertising - 08/1/22-08/31/22 $1,091.09 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,091.09
731024 09/09/2022 Open Accounts Payable California Tree & Landscape Consulting, Inc.
$35,000.00
Invoice Date Description Amount
22-1169 07/28/2022 On Site Tree Assessment of 1200 Trees $35,000.00 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$35,000.00
731025 09/09/2022 Open Accounts Payable Carneghi-Nakasako & Associates $20,000.00 Invoice Date Description Amount
2022CNA150 08/24/2022 Appraisal & Consulting of 3 Development Sites in Cupertino
$20,000.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$20,000.00
731026 09/09/2022 Open Accounts Payable COUNTY OF SANTA CLARA $2,759,699.66 Invoice Date Description Amount
1800082653 08/25/2022 Advance for Law Enforcement Svs July & Aug 2022 $2,759,699.66 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,759,699.66
731027 09/09/2022 Open Accounts Payable DEPARTMENT OF JUSTICE $96.00 Invoice Date Description Amount
595542 08/04/2022 Fingerprint apps July 2022 $96.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$96.00
731028 09/09/2022 Open Accounts Payable Exclaimer LLC $4,128.00 Invoice Date Description Amount
1098476 09/06/2022 Exclaimer Cloud - Signatures For O?ce 365 9/4/2022 to 9/4/2023
$4,128.00
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$4,128.00
731029 09/09/2022 Open Accounts Payable Global Knowledge Training LLC $295.00 Invoice Date Description Amount
22217625 06/01/2022 Marilyn - Word Level 3 training $295.00 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$295.00
731030 09/09/2022 Open Accounts Payable GLORIA LEE $480.00 Invoice Date Description Amount
GLeeSummer2022 09/06/2022 Gloria Lee Summer 2022 Payment $480.00 user: Vi Tran Pages: 2 of 14 Monday, September 12, 2022 Payment Register
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$480.00
731031 09/09/2022 Open Accounts Payable Got Gophers, Inc. $310.00 Invoice Date Description Amount
33624 08/31/2022 Trees/ROW - Aug 2022 Mary Ave Bridge & Blaney Ave $310.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$310.00
731032 09/09/2022 Open Accounts Payable HOME DEPOT CREDIT SERVICES $4,040.46 Invoice Date Description Amount
1320650 08/04/2022 Trees/ROW - Ricardo A Conduit, Locknut, GFCI White, Cover
$204.40
3601904 08/02/2022 Facilities - Domingo S Lumber, Chain Switch, O-Ring $53.63 2614508 08/03/2022 Facilities - Ty B Wire Brush, Window Film, Grinding Stone
$414.99
7604189 08/08/2022 Grounds - Travis W Primer, Tape Measure, Screw $64.28 0020123 08/05/2022 Facilities - Robert G 12Ft Prime DF, Deckmate, Toilet Seat
$146.90
7033216 08/08/2022 Fleet - Travis W Picked Up Trailer Deck for #197 $251.76 6094634 08/09/2022 Facilities - Ty B Screw, Tape, Paint, Brush, Ext Cord $593.36 1602758 08/04/2022 Facilities - Domingo S Dim Fil LED, Driver Set $70.58 5104749 08/10/2022 Grounds - Victor Espinoza Hex Bolt 5/8x3 $22.17 5012830 08/10/2022 Grounds - Victor Espinoza Hunter Grn Satin, Hex Bolt $39.30 3094858 08/12/2022 Grounds - Travis W Charger Kit, 12-Volt Cordless $272.31 0020805 08/15/2022 Streets - Kane W Makita 18V Batt USB Power Source $29.50 1094336 08/04/2022 Facilities - Michael Chandler Strainer, Dynaflex Ultra $11.11 0510012 08/15/2022 Facilities - Michael Chandler Exit Sign $35.51 7012724 08/08/2022 Facilities - Michael Chandler Plywood $35.37 0095053 08/15/2022 Facilities - Robert G Coupling, Reamer $41.63 3522287 08/12/2022 Facilities - Robert G Waterproof Tape, PVC Cutter $49.47 6521417 08/09/2022 Facilities - Robert G Stud Sensor, Measure Tape, Rafter
$84.09
9373374 08/16/2022 Grounds - Sean Filbeck TIP Guard, Spray TIP, Paint Shield
$69.50
6604555 08/09/2022 Grounds - Ralph A Cover Spray, Filler Paint $93.94 0390644 08/15/2022 Grounds - Sean Filbeck Painting Supplies $164.30 1321442 08/14/2022 Trees/ROW - Larry Lopez Bucket, Roller Tray, Roller Frame, Pole
$165.73
9510424 08/16/2022 Facilities - Domingo S Tape Measure, Elbow/Nipple Brass
$39.69
7095237 08/18/2022 Facilities - Aaron Saiz Ball Valve, Nipple/Adapter Brass $98.65 6613819 08/19/2022 Facilities - Michael Chandler Valve Box $64.29 8095155 08/17/2022 Facilities - Michael Chandler Jaw Pliers $18.56 2609765 08/23/2022 Facilities - Ty B Grinding Wheel $359.81 0013713 08/25/2022 Grounds - Victor Espinoza BugBGon Lawn Insect $91.68 9390683 08/26/2022 Grounds - Richard Banda Patcher, Marker, Tool Bag $384.35 1600245 08/24/2022 Facilities - Michael Chandler Fan Replacement Grill $12.44 1320653 08/04/2022 Facilities - Michael Miranda Knife, Tape, Nail Rocker $38.18 4320275 08/01/2022 Facilities - Michael Miranda Screwdriver, Lock Nut $18.98 user: Vi Tran Pages: 3 of 14 Monday, September 12, 2022 Payment Register
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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)
$2,750.85
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$29.50
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$1,008.35
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$251.76
731033 09/09/2022 Open Accounts Payable HUB International Insurance Services Inc.,
$610.45
Invoice Date Description Amount
August 2022 09/06/2022 August 2022 Block Party Insurance $610.45 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$610.45
731034 09/09/2022 Open Accounts Payable LAUREN SAPUDAR $55.00 Invoice Date Description Amount
LaurenS081422 08/14/2022 Cell Phone Reimbursement for August 2022 $55.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$55.00
731035 09/09/2022 Open Accounts Payable Lisa Molaro $4,970.20 Invoice Date Description Amount
LMSummer2022Aug 09/06/2022 Lisa Molaro Summer 2022 - August Payment $4,970.20 Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$4,970.20
731036 09/09/2022 Open Accounts Payable MAD SCIENCE OF THE BAY AREA $4,248.00 Invoice Date Description Amount
MSCSumm22 August 09/06/2022 Mad Science Summer 2022 - August Payment $4,248.00 Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$4,248.00
731037 09/09/2022 Open Accounts Payable Mountain View Garden Center $113.22 Invoice Date Description Amount
111073 08/31/2022 Grounds: Gold Fines $113.22
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$113.22
731038 09/09/2022 Open Accounts Payable Napa Auto Parts $771.60 Invoice Date Description Amount
728927C 11/02/2021 Credit for Overpayment Check# 728927 ($309.20) 677708 08/22/2022 Fleet - Spark Plug $118.23
676961 08/11/2022 Fleet - Execute Asphault Cln, Oxidation Remove, Renewz Black
$351.25
676956 08/11/2022 Streets: asphalt supplies $611.32
Paying Fund Cash Account Amount
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$611.32
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$160.28
731039 09/09/2022 Open Accounts Payable Napa Auto Parts $47.96 Invoice Date Description Amount
5983-783931 08/29/2022 Fleet - Dry Lube Spray $47.96
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$47.96
731040 09/09/2022 Open Accounts Payable ORLANDI TRAILER $255.13 Invoice Date Description Amount
210727 09/06/2022 Facilities - Lock Pintle, Key $255.13 Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$255.13
731041 09/09/2022 Open Accounts Payable PG&E $290.21
Invoice Date Description Amount
4212-083022 08/30/2022 3535370421-2 7/22/22-8/22/22 $97.28 9785-083122 08/31/2022 2016881978-5 7/21/22-8/21/22 $10.76 8413-083022 08/30/2022 4685859841-3 7/22/22-8/22/22 $182.17 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$290.21
731042 09/09/2022 Open Accounts Payable PINE PRESS $4,583.25 Invoice Date Description Amount
00055092 08/22/2022 Sept/Oct 2022 50+ Scene Newsletter $4,583.25 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$4,583.25
731043 09/09/2022 Open Accounts Payable Royal Coach Tours $1,246.00 Invoice Date Description Amount
24219 09/15/2022 09/15/2022 Wines of the Santa Lucia Highlands Trip Charter
$1,246.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,246.00
731044 09/09/2022 Open Accounts Payable SAN JOSE WATER COMPANY $30,689.92 Invoice Date Description Amount
Import - 897837 08/22/2022 0573900000-7 - 22120 Stevens Creek Blvd $86.39 Import - 897838 08/22/2022 3688120000-4 - Mary Ave Footbridge $195.13 Import - 897839 08/22/2022 3872100000-8 - Park Canyon Oak Wy $664.17 Import - 897840 08/22/2022 5022148584-5 - 10301 Byrne Ave $117.52 Import - 897841 08/22/2022 6287875324-3 - 22241 McClellan Rd (Simms) $415.83 Import - 897842 08/22/2022 6875120000-4 - 21979 San Fernando Av $736.05 Import - 897843 08/22/2022 7112900000-7 - Oak Valley Rd $360.00 Import - 897844 08/22/2022 7523510000-7 - Oak Valley Road LS $283.41 Import - 897845 08/22/2022 9118810000-1 - 21121 Stevens Ck Bl Ls $505.37 user: Vi Tran Pages: 5 of 14 Monday, September 12, 2022 Payment Register
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From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 94 CC 11-15-2022
94 of 650
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
Import - 897846 08/22/2022 4299057897-5 Alhambra Ave $454.70 Import - 897847 08/23/2022 1198300000-8 - 21979 San Fernando Ave. 6620 $230.15 Import - 897848 08/23/2022 1332100000-5 - Hyde Avenue $4,799.84 Import - 897849 08/23/2022 2958510000-0 - 10555 Mary Ave. $315.86 Import - 897850 08/23/2022 2974010000-2 - 21251 Stevens Creek Blvd $457.04 Import - 897851 08/23/2022 3207400000-4 - 21710 McClellan 8312 $2,773.73 Import - 897852 08/23/2022 3953083125-2 - Tuscany Pl $446.34 Import - 897853 08/23/2022 4012210000-7 - 22601 Voss Av 8304 $3,577.66 Import - 897854 08/23/2022 5122900000-8 - Portable Meter $466.86 Import - 897855 08/23/2022 5237400000-9 - Dumas Dr, LS $5,064.15 Import - 897856 08/23/2022 5997110000-9 - 7555 Barnhart Pl $3,731.78 Import - 897857 08/23/2022 6730700000-9 - 21975 San Fernando Av $524.84 Import - 897858 08/23/2022 8427420000-9 - 8322 Foothill/Vista Knoll $636.25 Import - 897859 08/23/2022 8549600000-2 - Bubb Rd.LS $3,846.85 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$30,184.55
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$505.37
731045 09/09/2022 Open Accounts Payable SYSCO - SAN FRANCISCO $694.72 Invoice Date Description Amount
550187177 08/17/2022 Coffee & Birthday Bash Supplies $694.72 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$694.72
731046 09/09/2022 Open Accounts Payable TPx Communications $2,125.24 Invoice Date Description Amount
160817574-0 08/31/2022 Telephone Service for new VoIP System Aug. 2022 $2,125.24 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$2,125.24
731047 09/09/2022 Open Accounts Payable UNIVERSAL DIALOG INC. $120.00 Invoice Date Description Amount
5784-ENTC 09/01/2022 Coastal Cleanup Day 2022- advisement letter translation services
$120.00
Paying Fund Cash Account Amount
230 - Env Mgmt Cln Crk Strm Drain 230 100-100 (Cash & Investments Assets Operating Cash)
$120.00
731048 09/09/2022 Open Accounts Payable ARBORMD TREE CARE $1,000.00 Invoice Date Description Amount
312641 09/06/2022 19500 Homestead Road, Encroachment, 312641 $1,000.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,000.00
731049 09/09/2022 Open Accounts Payable Keiko O'Leary $30.00 Invoice Date Description Amount
O'Leary082222 08/22/2022 Live Scan and Fingerprinting reimbursement $30.00 Paying Fund Cash Account Amount
user: Vi Tran Pages: 6 of 14 Monday, September 12, 2022 Payment Register
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From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 95 CC 11-15-2022
95 of 650
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)
$30.00
731050 09/09/2022 Open Accounts Payable SUNRUN INSTALLATION SERVICES $157.31 Invoice Date Description Amount
310606 09/02/2022 REFUND 18975 TUGGLE AVE BLD-2022-0973

WITHDRAWN
$157.31
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$157.31
731051 09/09/2022 Open Accounts Payable Communication Academy $1,029.00 Invoice Date Description Amount
CASummer2022-2 09/06/2022 Communication Academy Summer 2022 August 1 - 5 Payment
$1,029.00
Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$1,029.00
731052 09/09/2022 Open Accounts Payable Startup Space LLC $2,500.00 Invoice Date Description Amount
1316 08/18/2022 Startup Space Platform - Contract Execution PO No. 2023-146
$2,500.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,500.00
Type Check Totals: 36 Transactions $2,896,154.15
EFT
35156 09/06/2022 Open Accounts Payable EMPLOYMENT DEVEL DEPT $49,406.24 Invoice Date Description Amount
08262022 08/26/2022 CA State Tax pp 8/13/22-8/26/22 $49,406.24 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$49,406.24
35157 09/06/2022 Open Accounts Payable IRS $156,656.15
Invoice Date Description Amount
08262022 08/26/2022 Federal Tax pp 8/13/22-8/26/22 $156,656.15 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$156,656.15
35158 09/08/2022 Open Accounts Payable P E R S $553,823.86 Invoice Date Description Amount
08262022 08/26/2022 PERS pp 8/13/22-8/26/22 $553,823.86 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$553,823.86
35159 09/08/2022 Open Accounts Payable California Public Employees' Retirement System
$395,279.33
Invoice Date Description Amount
7158-081522 08/15/2022 Health Premiums $395,279.33
Paying Fund Cash Account Amount
user: Vi Tran Pages: 7 of 14 Monday, September 12, 2022 Payment Register
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From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 96 CC 11-15-2022
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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)
$280,790.05
642 - Retiree Medical 642 100-100 (Cash & Investments Assets Operating Cash)
$114,489.28
35160 09/06/2022 Open Accounts Payable USPS - EFT ONLY $521.15 Invoice Date Description Amount
501673509 08/31/2022 CUPERTINO SCENE INC $521.15
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$521.15
35161 09/06/2022 Open Accounts Payable USPS - EFT ONLY $3,570.00 Invoice Date Description Amount
501859605 09/01/2022 CUPERTINO SCENE INC $3,570.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,570.00
35162 09/09/2022 Open Accounts Payable EMPLOYMENT DEVEL DEPT $38,741.52 Invoice Date Description Amount
09092022 09/09/2022 CA State Tax One Time Payment 9/9/22 $38,741.52 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$38,741.52
35163 09/09/2022 Open Accounts Payable Employment Development $7,729.39 Invoice Date Description Amount
09092022 09/09/2022 State Disability Insurance One Time Payment 9/9/22 $7,729.39 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$7,729.39
35164 09/09/2022 Open Accounts Payable IRS $118,002.29
Invoice Date Description Amount
09092022 09/09/2022 Federal Tax One Time Payment 9/9/22 $118,002.29 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$118,002.29
35165 09/09/2022 Open Accounts Payable ABAG POWER- ASSOCIATION OF

BAY AREA GOVERNMENTS
$6,170.00
Invoice Date Description Amount
AR029571 09/01/2022 FY 23 AMD Level Charge-Nat Gas $6,170.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$5,553.97
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$616.03
35166 09/09/2022 Open Accounts Payable ALESHIRE & WYNDER, LLP $5,350.00 Invoice Date Description Amount
08012022 08/01/2022 Vallco Legal Review 2022/07 $5,350.00 Paying Fund Cash Account Amount
user: Vi Tran Pages: 8 of 14 Monday, September 12, 2022 Payment Register
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From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 97 CC 11-15-2022
97 of 650
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)
$5,350.00
35167 09/09/2022 Open Accounts Payable Alex Corbalis $360.25 Invoice Date Description Amount
11022021 11/02/2021 Per Diem for NRPA Supervisor School 11/2021 $152.75 2022-00000528 02/28/2022 Per Diem for CPRS Conference 03/2022 $207.50 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$360.25
35168 09/09/2022 Open Accounts Payable Alliant Insurance Services, Inc. $496.00 Invoice Date Description Amount
2070822 09/01/2022 22-23 Public Official Bond, Lauren Sapudar $175.00 2074134 09/06/2022 Insurance Premium for Bobateeno September 17, 2022
$321.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$496.00
35169 09/09/2022 Open Accounts Payable Amazon Capital Services $452.46 Invoice Date Description Amount
1QG7-GKYK-N3WL 08/20/2022 refund - 2x Aumox 5 Port Gigabit PoE Switch, 4 Port PoE 78W, Gig
($74.10)
11C6-CPM9-3XW1 09/05/2022 1x USB C to HDMI Adapter USB Type C Adapter Multiport
$87.25
1VK9-KY9G-YV1F 09/05/2022 6xDell 65W 20V 3.25A USB C & 1x 1U 19-Inch Fixed 4 -Post Rack Mou
$295.29
1VK9-KY9G-XN7D 09/05/2022 1x Amazon Basics 6-Outlet Surge Protector & 2x Power Strip, SU
$144.02
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$452.46
35170 09/09/2022 Open Accounts Payable Amazon Web Services, Inc. $2,764.26 Invoice Date Description Amount
1JQ7-C7W6-1LD9 09/05/2022 8x Logitech H390 Wired Headset & 4x Microsoft Modern USB-C Heads
$410.16
1117871409 09/02/2022 AWS August 1 - August 31, 2022 - GIS $2,354.10 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$2,764.26
35171 09/09/2022 Open Accounts Payable AVOLVE SOFTWARE CORP $28,000.00 Invoice Date Description Amount
7186 08/31/2022 FY23 ProjectDox Maintenance - 9/15/22 - 9/14/23 $28,000.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$28,000.00
35172 09/09/2022 Open Accounts Payable COTTON, SHIRES & ASSOCIATES, INC.
$5,150.48
Invoice Date Description Amount
522003 05/03/2022 C6032 Professional Services, 10270 Sterling Blvd $1,520.00 user: Vi Tran Pages: 9 of 14 Monday, September 12, 2022 Payment Register
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
522004 05/03/2022 C6042 Professional Services, 22641 San Juan Road $2,300.48 122192 01/20/2022 C6090 Professional Services, 22346 Regnart Road $1,330.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$5,150.48
35173 09/09/2022 Open Accounts Payable Cupertino Supply, Inc $64,728.76 Invoice Date Description Amount
299853 09/01/2022 Grounds - Copper Type L-Pipe $1,040.37 299186 09/01/2022 Grounds - Wilkins 975 XL2 RP Valve $1,492.39 287403 09/01/2022 Grounds: Bottle fillers for various parks $62,196.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,532.76
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$62,196.00
35174 09/09/2022 Open Accounts Payable DANNY MESTIZO $110.00 Invoice Date Description Amount
MestizoNov2019 12/18/2019 Mestizo - November 2019 Mobile Reimbursement $55.00 MestizoOct2019 12/18/2019 Mestizo - October 2019 Mobile Reimbursement $55.00 Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$110.00
35175 09/09/2022 Open Accounts Payable GONG CHA USA $1,666.78 Invoice Date Description Amount
001 09/06/2022 Bobateeno - Gong Cha Tea $1,666.78
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,666.78
35176 09/09/2022 Open Accounts Payable GRAINGER INC $578.38 Invoice Date Description Amount
9429176705 08/30/2022 Streets: harness xl connect $458.15 9429176697 08/30/2022 Streets: hard hats $120.23
Paying Fund Cash Account Amount
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$578.38
35177 09/09/2022 Open Accounts Payable Imperial Sprinkler Supply. Inc $196.97 Invoice Date Description Amount
5256950-00 08/23/2022 Trees/ROW: detect tape $166.84
5262290-00 08/26/2022 grounds: bushings $30.13
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$196.97
35178 09/09/2022 Open Accounts Payable Independent Code Consultants, Inc. $3,314.80 Invoice Date Description Amount
1640 09/01/2022 Building Plan Review Services $500.00
1641 09/01/2022 Building Plan Review Services - Westport $2,814.80 Paying Fund Cash Account Amount
user: Vi Tran Pages: 10 of 14 Monday, September 12, 2022 Payment Register
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From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 99 CC 11-15-2022
99 of 650
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)
$3,314.80
35179 09/09/2022 Open Accounts Payable KIMBALL-MIDWEST $168.72 Invoice Date Description Amount
100226680 08/23/2022 Streets: street lighting supplies posi-seal $168.72 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$168.72
35180 09/09/2022 Open Accounts Payable KIMLEY-HORN AND ASSOCIATES, INC.
$3,420.00
Invoice Date Description Amount
22093478 07/31/2022 Bianchi Peer Review - 2022/07 $3,420.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,420.00
35181 09/09/2022 Open Accounts Payable KMVT Community Television $6,108.84 Invoice Date Description Amount
7809 08/31/2022 KMVT Community TV August 2022 $6,108.84 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$6,108.84
35182 09/09/2022 Open Accounts Payable Marlon Aumentado $55.00 Invoice Date Description Amount
MarlonA08152022 08/15/2022 Cell Phone Reimbursement through 071622-08152022 $55.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$55.00
35183 09/09/2022 Open Accounts Payable Netzel Grigsby Associates, Inc. $11,668.00 Invoice Date Description Amount
12375 08/25/2022 Fundraising Planning Services $11,668.00 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$11,668.00
35184 09/09/2022 Open Accounts Payable NI GOVERNMENT SERVICES INC. $79.04 Invoice Date Description Amount
22082907051 09/02/2022 Traffic Period 8/1/2022 - 8/31/2022 $79.04 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$79.04
35185 09/09/2022 Open Accounts Payable ODP Business Solutions, LLC $216.51 Invoice Date Description Amount
261467290001 08/15/2022 Servie Center office supplies $66.87 261099743001 08/23/2022 Office Supplies - Copy Paper & Post-It $149.64 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$216.51
user: Vi Tran Pages: 11 of 14 Monday, September 12, 2022 Payment Register
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From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 100
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
35186 09/09/2022 Open Accounts Payable Pakpour Consulting Group, Inc. $3,535.00 Invoice Date Description Amount
3902 09/06/2022 Stevens Creek Blvd Class IV Bikeway Ph. 2 through 070122-083122
$3,535.00
Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$3,535.00
35187 09/09/2022 Open Accounts Payable Redgwick Construction Company $669,031.69 Invoice Date Description Amount
3, 4602 08/31/2022 Orange Avenue Sidewalk Improvements through 08312022
$669,031.69
Paying Fund Cash Account Amount
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$669,031.69
35188 09/09/2022 Open Accounts Payable Richard Yau $5,400.00 Invoice Date Description Amount
2207 08/25/2022 I-280, RR Improve., RCT, Bubb, SCB, RCP Fencing, Orange, etc.
$5,400.00
Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$5,400.00
35189 09/09/2022 Open Accounts Payable Rise Housing Solutions, Inc $29,939.50 Invoice Date Description Amount
Cupertino - 015 07/31/2022 BMR Program Administrator 2022/07 $18,597.00 Cupertino - 016 08/31/2022 BMR Program Administrator 2022/08 $11,342.50 Paying Fund Cash Account Amount
265 - BMR Housing 265 100-100 (Cash & Investments Assets Operating Cash)
$29,939.50
35190 09/09/2022 Open Accounts Payable Robert Half $1,892.83 Invoice Date Description Amount
60633118 08/30/2022 Osman, Luam for Week-Ended 08/26/2022 $1,892.83 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,892.83
35191 09/09/2022 Open Accounts Payable RRM DESIGN GROUP $1,197.50 Invoice Date Description Amount
2132-01-0522 06/21/2022 CWP Mixed Use Standards 2022/05 $1,197.50 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,197.50
35192 09/09/2022 Open Accounts Payable SERVICE STATION SYSTEMS, INC. $772.00 Invoice Date Description Amount
2148668 08/31/2022 Streets - PM Testing $772.00
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$772.00
user: Vi Tran Pages: 12 of 14 Monday, September 12, 2022 Payment Register
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From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 101
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
35193 09/09/2022 Open Accounts Payable Starbird Consulting LLC $2,699.60 Invoice Date Description Amount
0194 08/25/2022 Environ. Con. Svcs. McClellan Ranch West Parking Lot 07312022
$1,855.85
0190 07/30/2022 Environmental Consulting Services through 07192022 $843.75 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$2,699.60
35194 09/09/2022 Open Accounts Payable Statewide Traffic Safety & Signs Inc. $2,886.05 Invoice Date Description Amount
05037937 07/06/2022 Rain Gear from last FY just delivered $2,886.05 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,886.05
35195 09/09/2022 Open Accounts Payable SUNNYVALE FORD $881.14 Invoice Date Description Amount
209478 09/01/2022 Fleet - Gasket 1 HV $19.92
209404 08/31/2022 Fleet - Core, Sensor 1 HV $345.58
209379 08/30/2022 Fleet - Handle $77.89
209422 09/01/2022 Fleet: housing $437.75
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$881.14
Type EFT Totals: 40 Transactions $2,183,020.49
Main Account - Main Checking Account Totals
Checks Status Count Transaction Amount Reconciled Amount Open 36 $2,896,154.15 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
user: Vi Tran Pages: 13 of 14 Monday, September 12, 2022 Payment Register
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From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 102
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102 of 650
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
Total 36 $2,896,154.15 $0.00
EFTs Status Count Transaction Amount Reconciled Amount
Open 40 $2,183,020.49 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Total 40 $2,183,020.49 $0.00
All Status Count Transaction Amount Reconciled Amount
Open 76 $5,079,174.64 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 76 $5,079,174.64 $0.00
Grand Totals:

Checks Status Count Transaction Amount Reconciled Amount Open 36 $2,896,154.15 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 36 $2,896,154.15 $0.00
EFTs Status Count Transaction Amount Reconciled Amount
Open 40 $2,183,020.49 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Total 40 $2,183,020.49 $0.00
All Status Count Transaction Amount Reconciled Amount
Open 76 $5,079,174.64 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 76 $5,079,174.64 $0.00
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From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 103
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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 SEPTEMBER 18, 2022
WHEREAS, the Director of Administrative Services or their 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 15
th day of November, 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
104
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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
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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
731054 09/16/2022 Open Accounts Payable 4imprint, Inc. $1,003.36 Invoice Date Description Amount
23557412 08/31/2022 Engraved Pens for Giveaways $1,003.36 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,003.36
731055 09/16/2022 Open Accounts Payable ALHAMBRA $109.39 Invoice Date Description Amount
4984729 090322 09/03/2022 Employee Drinking Water $109.39 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$109.39
731056 09/16/2022 Open Accounts Payable AT & T $124.44
Invoice Date Description Amount
5558-082822 08/28/2022 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
731057 09/16/2022 Open Accounts Payable Automatic Door Systems, Inc. $2,233.01 Invoice Date Description Amount
52933 09/06/2022 Facilities - Horton Dunker Motor, Screws, Chemicals, Fasteners
$2,233.01
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,233.01
731058 09/16/2022 Open Accounts Payable Avocette Technologies Inc. $3,607.50 Invoice Date Description Amount
2208CU1 08/31/2022 Accela FY23 Configuration services - August 2022 $3,607.50 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,607.50
731059 09/16/2022 Open Accounts Payable BOETHING TREELAND FARMS INC $305.85 Invoice Date Description Amount
SI-1327802 09/12/2022 Grounds - Bignonia Radicans $305.85 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$305.85
731060 09/16/2022 Open Accounts Payable California Association Public Information Official
$275.00
Invoice Date Description Amount
16433 08/22/2022 CAPIO Membership Renewal - Branton $275.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$275.00
user: Vi Tran Pages: 1 of 24 Monday, September 19, 2022 Payment Register
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From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 106
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
731061 09/16/2022 Open Accounts Payable Christopher Jensen $231.86 Invoice Date Description Amount

09.07.2022 09/07/2022 Reimbursement, League of Cities 09.07.22 $231.86 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$231.86
731062 09/16/2022 Open Accounts Payable CINTAS CORP $2,265.20 Invoice Date Description Amount
4130572425 09/07/2022 UNIFORMS SAFETY APPAREL $1,128.10 4127126122 08/02/2022 UNIFORMS SAFETY APPAREL $1,137.10 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,265.20
731063 09/16/2022 Open Accounts Payable Comcast $983.36 Invoice Date Description Amount
153351463 09/01/2022 Business Class Internet - Mary, Stevens Creek, Town, Aug. 2022
$983.36
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$983.36
731064 09/16/2022 Open Accounts Payable Craig Faitel / Safe 2 Play LLC $1,920.00 Invoice Date Description Amount
03541 09/02/2022 Certified Playground Safety Inspection $1,920.00 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$1,920.00
731065 09/16/2022 Open Accounts Payable DONE RIGHT, INC. $7,117.00 Invoice Date Description Amount
7030 09/10/2022 Facilities - City Hall Remove Facia Board on Westside Install Ne
$7,117.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$7,117.00
731066 09/16/2022 Open Accounts Payable Eric Maldonado $575.00 Invoice Date Description Amount
2068 08/11/2022 Facilities - Solar Gard Panorama Slate 20 $575.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$575.00
731067 09/16/2022 Open Accounts Payable FEDEX $14.72
Invoice Date Description Amount
7-871-02819 09/02/2022 FEDEX - shipping supply large box $14.72 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$14.72
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From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 107
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
731068 09/16/2022 Open Accounts Payable INTERSTATE BATTERY SYSTEM SAN JOSE INC.
$697.27
Invoice Date Description Amount
10304277 09/13/2022 Fleet - MTP-65HD $139.45
10304149 09/06/2022 Fleet - MTP-65HD, ATCore $557.82
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$697.27
731069 09/16/2022 Open Accounts Payable KELLY-MOORE PAINT CO INC $578.89 Invoice Date Description Amount
808-00000855726 09/07/2022 Facilities - Oyster, Cottage White $578.89 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$578.89
731070 09/16/2022 Open Accounts Payable Language Network, Inc $905.35 Invoice Date Description Amount
P3283 09/08/2022 FY22-23 Budget at a Glance (BAAG) - Chinese $905.35 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$905.35
731071 09/16/2022 Open Accounts Payable Lawson Products, Inc. $409.34 Invoice Date Description Amount
9309814624 08/05/2022 Fleet - Tire Patches, Flat Washer, Cap Screw, Tubing, Gauge
$409.34
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$409.34
731072 09/16/2022 Open Accounts Payable Mahan and Sons Inc. $1,400.00 Invoice Date Description Amount
1907 09/03/2022 Grounds - Varian Park Aug 2022 Services $1,400.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,400.00
731073 09/16/2022 Open Accounts Payable Miracle Playsystems Inc. $211,085.21 Invoice Date Description Amount
F2022-0566 08/15/2022 Miracle Play Equipment Creekside Park $211,085.21 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$211,085.21
731074 09/16/2022 Open Accounts Payable Napa Auto Parts $590.26 Invoice Date Description Amount
679077 09/07/2022 Fleet - Cerulean 2 GR $84.85
679161 09/08/2022 Fleet - Sensor Bulk 20 pack $505.41
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$590.26
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From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 108
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
731075 09/16/2022 Open Accounts Payable Napa Auto Parts $63.08 Invoice Date Description Amount
5983-783930 08/29/2022 Fleet - Toggle $10.51
5983-784024 08/29/2022 Fleet - BMR Kit $52.57
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$63.08
731076 09/16/2022 Open Accounts Payable Operating Engineers Local Union No. 3 $1,546.00
Invoice Date Description Amount
09092022 09/09/2022 Union Dues pp 8/27/22-9/9/22 $1,546.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,546.00
731077 09/16/2022 Open Accounts Payable Otls Elevator Company $1,609.08 Invoice Date Description Amount
100400883248 08/15/2022 Facilities - City Hall 9-1-22 to 8-31-23 Maintenance $1,609.08 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,609.08
731078 09/16/2022 Open Accounts Payable Pacific Polymers Company $7,875.00 Invoice Date Description Amount
7297 09/06/2022 Grounds - 40x46 Clear Plastic Bags $7,875.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$7,875.00
731079 09/16/2022 Open Accounts Payable PG&E $62,811.87 Invoice Date Description Amount
0092-083122-0 08/31/2022 110659172 -N De Anza 455FT S/O Mariani Dr, Irrig Control
$14.67
0092-083122-1 08/31/2022 110958527 115145264 -Randy Lane & Larry WayStreetlights$57.86 0092-083122-2 08/31/2022 111736580 SF Cupertino 075 $3.99 0092-083122-3 08/31/2022 (Old116367536) 113736756 -Senior Center 21251 Stevens Creek BLVD
$5,133.72
0092-083122-4 08/31/2022 116367013 -112017763 -11370 S Stelling Rd, Irrigation Control
$17.08
0092-083122-5 08/31/2022 114315284 116367325 -21975 San Fernando Ave, Picnic Area
$4,264.75
0092-083122-6 08/31/2022 114321565 116367416 -22601 Voss Ave $1,028.92 0092-083122-7 08/31/2022 116367001 -E27H4 Wolfe and Rte 280 NB Loc A $60.04 0092-083122-8 08/31/2022 116367025 -De Anza and Lazaneo, Traffic Signal $92.33 0092-083122-9 08/31/2022 116367035 -De Anza Blvd and Mariani, Traffic Signal/Safety Lts
$100.83
0092-083122-10 08/31/2022 116367044 -10555 Mary Ave NEM $42.27 0092-083122-11 08/31/2022 116367045 -De Anza Blvd and Hwy 280 S/Ramp, Traffic Signal
$98.46
0092-083122-12 08/31/2022 116367050 -NW Corner Stevens Crk, Traffic Signals $83.47 user: Vi Tran Pages: 4 of 24 Monday, September 19, 2022 Payment Register
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From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 109
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
0092-083122-13 08/31/2022 116367055 -Saich Wy and Stevens Crk NE Corner, Traffic Signal
$76.54
0092-083122-14 08/31/2022 116367060 -E37R0 Stevens Creek and De Anza Blvd, Traffic Signal
$116.24
0092-083122-15 08/31/2022 116367065 -Stevens Creek Blvd E/Saich Wy, Sprinkler Control
$11.19
0092-083122-16 08/31/2022 116367067 -Stonydale Dr and Varian Park, walkway lighting and Ir
$100.35
0092-083122-17 08/31/2022 116367070 -Stevens Creek and Blaney Ave., Traffic Signal
$93.97
0092-083122-18 08/31/2022 116367071 -Linda Vista Dr / Hillside Park, Hillside Park $26.96 0092-083122-19 08/31/2022 116367075 -Vallco Pkwy and Perimeter Rd., Traffic Signals
$67.40
0092-083122-20 08/31/2022 116367090 -Wolfe and Vallco Pkwy, Traffic Signals $96.33 0092-083122-21 08/31/2022 116367100 -E37H3 Wolfe and 280 SB Loc B, Traffic Signal
$81.62
0092-083122-22 08/31/2022 116367105 -Stevens Crk and Wolfe Rd, Traffic Signals $130.01 0092-083122-23 08/31/2022 116367110 -SW Cor Stevens Crk and Portal, Traffic Signal
$83.97
0092-083122-24 08/31/2022 116367113 -Miller E/S 100N off Calle De Barcelona $81.62 0092-083122-25 08/31/2022 116367115 -Stevens Crk and Perimeter Rd, Traffic Control Signal
$80.57
0092-083122-26 08/31/2022 116367120 -Vallco Prky/Tantau Ave, Traffic Signal $94.24 0092-083122-27 08/31/2022 116367125 -Stevens Crk and Tantau, Traffic Signals $92.38 0092-083122-28 08/31/2022 116367130 -NW Corner Steven Crk and Torre, Traffic Signal
$93.10
0092-083122-29 08/31/2022 111190735 119980351-10300 Torre Ave, City Hall $13,077.28 0092-083122-30 08/31/2022 116367150 -Homestead and Wolfe Road, Sunnyvale $106.27 0092-083122-31 08/31/2022 116367155 -Homestead and Blaney, Cupertino Traffic Signal, Sunny
$64.78
0092-083122-32 08/31/2022 116367165 -S/E Wolfe-Pruneridge, Sprinkler Control and Traffic S
$105.76
0092-083122-33 08/31/2022 116367170 -Tantau Ave and Tandem D/W, Traffic Signal
$93.97
0092-083122-34 08/31/2022 116367171 -10155 Barbara Ln, Irrigation and Scoreboard
$227.03
0092-083122-35 08/31/2022 116367175 -S/E Corner Pruneridge and Tantau, Traffic Controller
$77.67
0092-083122-36 08/31/2022 116367180 -Finch and Stevens Creek, Traffic Signals $108.40 0092-083122-37 08/31/2022 116367185 -Wolfe Rd 500 Ft S/O Homestead, City/Sign Lighting
$35.36
0092-083122-38 08/31/2022 116367195 -Corner Miller and Phil Ln, Traffic Signal $70.55 0092-083122-39 08/31/2022 116367200 -Homestead and De Anza Blvd, Traffic Signal/Dept Pub W
$112.90
0092-083122-40 08/31/2022 116367205 -Homestead Rd and Franco Ct, Traffic Signals
$72.67
0092-083122-41 08/31/2022 116367215 -N/Ramp De Anza Blvd, Traffic Signal $90.29 0092-083122-42 08/31/2022 116367220 -Homestead Rd and Bluejay Rd, Traffic Signals
$75.04
0092-083122-43 08/31/2022 118426656 -WS Portal Btw Amhurst-Wheaton , Portal Prk Ltg, Prk L
$256.10
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From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 110
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
0092-083122-44 08/31/2022 116367236 -Stelling Rd Median 450' S/O Stevens Crk, Landscape Ir
$13.03
0092-083122-45 08/31/2022 116367245 -Stevens Creek Blvd and Janice Ave, Sprinkler Control
$18.11
0092-083122-46 08/31/2022 116367255 -Lucille and Villa De Anza, Sprinkler Control
$335.04
0092-083122-47 08/31/2022 116367269 -Cor/Lucille and Randy Ln, Sprinkler System (011095852
$12.57
0092-083122-48 08/31/2022 116367274 -1170 Yorkshire Dr. $10.81 0092-083122-49 08/31/2022 116367275 -Homestead and Tantau, Cupertino Traffic Signal, Sunny
$96.06
0092-083122-50 08/31/2022 116367280 -Stevens Creek Blvd and Fwy 85 East Ramp, Traffic Sign
$90.29
0092-083122-51 08/31/2022 116971849 -21111 Stevens Creek Blvd, Sports Center $10,726.86 0092-083122-52 08/31/2022 116367290 -Stevens Creek and Mary Ave, Traffic Signals
$97.05
0092-083122-53 08/31/2022 116367332 -821 Bubb Rd #B/Building Concession $46.68 0092-083122-54 08/31/2022 116367343 112570652 -Foothill Blvd 150' N/O Alpine E/S, Irrigati
$10.94
0092-083122-55 08/31/2022 116367357 -N De Anza 188 FT N/Valley Green Dr, Irrig Controller
$18.58
0092-083122-56 08/31/2022 116367359 -Homestead and Heron, traffic control svc $72.45 0092-083122-57 08/31/2022 115211833 -10300 Anisworth Dr, Ball Park Stevens Creek SV
$10.74
0092-083122-58 08/31/2022 116367370 -Stevens Creek Blvd and Fwy 85 West Ramp, Traffic Sign
$14.78
0092-083122-59 08/31/2022 110081495 -10710 Stokes Ave, Somerset Park $28.01 0092-083122-60 08/31/2022 116367380 -NE Corner Peninsula and Stevens Creek, Traffic Signal
$92.59
0092-083122-61 08/31/2022 116367385 -End/Stokes W/Wilson Crt, Sprinkler Control
$12.59
0092-083122-62 08/31/2022 116367395 -N/E corner Foothill and Starling Dr, Traffic Signals
$73.19
0092-083122-63 08/31/2022 116367401 -Miller W/S N of Greenwood $20.70 0092-083122-64 08/31/2022 116367408 -Stevens Creek Bl and Mary Avenue, Memorial Park Pump
$74.15
0092-083122-65 08/31/2022 116367437 -10455 Miller Ave, Creekside Park $432.71 0092-083122-66 08/31/2022 116367447 -Stelling Rd Median 500' S/O Peppertree Ln, Landscape
$13.36
0092-083122-67 08/31/2022 116367449 -10350 Torre Ave, Community Hall $2,913.66 0092-083122-68 08/31/2022 116367455 -E37R9 Rodriguez and De Anza Blvd, Traffic Signal
$110.38
0092-083122-69 08/31/2022 116367465 -De Anza Blvd and Scofield Dr, Sprinkler Controller
$12.24
0092-083122-70 08/31/2022 116367474 -10500 Ann Arbor Ave, Field-Garden Gate $252.81 0092-083122-71 08/31/2022 116367475 -Foothill and Stevens Creek, Traffic Signal $84.46 0092-083122-72 08/31/2022 116367476 -Salem Ave and Foothill Blvd, Irrigation Control
$10.53
0092-083122-73 08/31/2022 116367477 -21121 Stevens Creek Blvd, Memorial Park $1,247.25 0092-083122-74 08/31/2022 116367484 -20220 Suisun Dr, Parks and Rec Free Standing Panel
$280.55
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From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 111
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
0092-083122-75 08/31/2022 116367493 -Dumas Dr/Jollyman Park, Jollyman Park Restroom
$657.81
0092-083122-76 08/31/2022 116367505 -Stevens Crk and Stelling, Signal $43.93 0092-083122-77 08/31/2022 116367510 -Bubb Rd and Results Wy, Traffic Signal $67.86 0092-083122-78 08/31/2022 116367515 -Bubb Rd and McClellan Intersection, Traffic Signal
$103.12
0092-083122-79 08/31/2022 116367520 -Stelling Rd and Peppertree, Traffic Signal $71.08 0092-083122-80 08/31/2022 116367525 -Stelling and McClellan, Signals $98.46 0092-083122-81 08/31/2022 116367527 -Foothill Blvd 200' N/O Stevens Creek W/S, Irrigation
$10.62
0092-083122-82 08/31/2022 116367530 -Orange Ave and Stevens Creek N/E corner, Traffic Cont
$61.54
0092-083122-83 08/31/2022 116367545 -Saratoga-Sunnyvale Rd, Traffic Signal $87.05 0092-083122-84 08/31/2022 116367550 -W/S Saratoga-Sunnyvale Rd @ RT85, Traffic Signal
$76.80
0092-083122-85 08/31/2022 116367559 -21011 Prospect Rd, Irrigation Control $10.58 0092-083122-86 08/31/2022 116367560 -S/E corner De Anza and Pacifica, Traffic Signal
$94.16
0092-083122-87 08/31/2022 116367570 -De Anza Blvd, Sprinkler Controller * $12.24 0092-083122-88 08/31/2022 116367585 -Rainbow and Stelling, Traffic Signal $88.89 0092-083122-89 08/31/2022 116367587 -10430 S De Anza Blvd, Holiday Lighting $47.92 0092-083122-90 08/31/2022 116367590 -Saratoga Sunnyvale Rd and Hwy 85, Traffic Signal
$81.22
0092-083122-91 08/31/2022 116367605 -E37C1 Prospect and Rte 85, Traffic Signal $94.80 0092-083122-92 08/31/2022 116367610 -E37R6 Kentwood/S. De Anza Blvd, Traffic Signal
$89.72
0092-083122-93 08/31/2022 116367615 -Fallenleaf Ln and S De Anza Blvd, Traffic Signal
$93.99
0092-083122-94 08/31/2022 116367620 -S De Anza Blvd and Sharon Dr , Irrigation Controller
$19.02
0092-083122-95 08/31/2022 116367625 -Stevens Creek Blvd Orange S/W Cor, Irrigation Control
$10.51
0092-083122-96 08/31/2022 116367628 -N/W corner Alpine Dr and Foothill Blvd, Irrigation Co
$10.74
0092-083122-97 08/31/2022 116367630 -22100 Stevens Creek Blvd, Golf Pro Shop $425.57 0092-083122-98 08/31/2022 116367648 -Linda Vista Park/Linda Vista Dr, Irrigation Control
$160.94
0092-083122-99 08/31/2022 116367656 -Scofield and De Anza, 100HP $13.23 0092-083122-100 08/31/2022 116367677 -De Anza and Lazaneo, Sprinkler System $10.62 0092-083122-101 08/31/2022 116367685 -Ruppell Pl and Moltzen Dr, Sprinkler Control
$107.53
0092-083122-102 08/31/2022 116367740 -Carmen Rd and Stevens Creek S/E corner, Irrigation Co
$10.51
0092-083122-103 08/31/2022 116367568 -10555 Mary Ave, Corp Yard $26.91 0092-083122-104 08/31/2022 116367763 -10630 S De Anza Blvd, Holiday Lighting $49.38 0092-083122-105 08/31/2022 116367782 -N/S Stevens Creek Blvd in front of 20301, Irrigation
$10.51
0092-083122-106 08/31/2022 116367793 - Greenleaf Dr, Flora Vista Ave, Glencoe Dr, N Stellin
$738.57
0092-083122-107 08/31/2022 116367815 -19784 Wintergreen Dr $724.55 user: Vi Tran Pages: 7 of 24 Monday, September 19, 2022 Payment Register
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From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 112
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
0092-083122-108 08/31/2022 116367836 -De Anza Blvd E/S S/O Lazaneo, Sprinkler Control
$10.62
0092-083122-109 08/31/2022 116367840 -10185 N Stelling RD $13,769.12 0092-083122-110 08/31/2022 116367902 -10246 Parkside Ln, Wilson Pk Sprinklers,Snack Shack,I
$460.26
0092-083122-111 08/31/2022 116367907 -S/W Corner Stelling and Green leaf, Traffic Signal
$87.84
0092-083122-112 08/31/2022 116367925 -22601 Voss Ave, Outdoor Lighting-MV Park
$32.27
0092-083122-113 08/31/2022 116367941 -7548 Donegal Dr, Irrigation Control /Hoover Park
$10.80
0092-083122-114 08/31/2022 116367988 -21710 McClellan Rd, Playground Reception Area
$10.51
0092-083122-115 08/31/2022 1110161867 - Wolfe Rd @ Apple Campus Driveway $81.38 0092-083122-116 08/31/2022 116644889 19500 Pruneridge ave pole TP16660 $6.57 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$51,659.44
560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash)
$425.57
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$10,726.86
731080 09/16/2022 Open Accounts Payable Quadient, Inc. $90.90 Invoice Date Description Amount
59436866 07/24/2022 Standard Maintenance for Postage Machine (8/22/22- 11/22/22)
$90.90
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$90.90
731081 09/16/2022 Open Accounts Payable ROYAL BRASS INC $420.61 Invoice Date Description Amount
992817-001 09/02/2022 Fleet - 3/8x50 Pressue, BST Non-Valved Coup $420.61 Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$420.61
731082 09/16/2022 Open Accounts Payable RPM EXTERMINATORS INC $2,925.00 Invoice Date Description Amount
0095519 06/03/2022 Facilities - 6 Rodent Bait Stations Installed $225.00 0095516 06/03/2022 Facilities - QCC Cockroach $375.00
0095518 06/03/2022 Facilities - Wilson Park Cockroach $375.00 0095517 06/03/2022 Facilities - Creekside Exterior Roaches $375.00 0095506 06/28/2022 Facilities - Sports Center Cockroaches $525.00 0094975 06/29/2022 Facilities - Changed Bait $1,050.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,190.00
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$735.00
user: Vi Tran Pages: 8 of 24 Monday, September 19, 2022 Payment Register
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From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 113
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Voided Date Source Payee Name
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Amount Difference
731083 09/16/2022 Open Accounts Payable SAN JOSE WATER COMPANY $67,323.68 Invoice Date Description Amount
Import - 897977 08/30/2022 3156700000-0 - Prospect Rd.LS $174.89 Import - 897978 08/30/2022 4676110000-0 - Rainbow Dr.LS $150.69 Import - 897979 08/30/2022 6756510000-4 - Yorkshire Dr.LS $5,769.77 Import - 897980 08/30/2022 7808300000-6 - Irrigation-Median (Westlynn Wy) $150.69 Import - 897981 08/30/2022 9511610000-9 - Donegal Dr. $86.64 Import - 897982 08/29/2022 0879200000-5 - Stelling Rd. LS $784.76 Import - 897983 08/29/2022 1731610000-1 - De Anza Blvd.S. $430.36 Import - 897984 08/29/2022 4242600000-8 - Irrigation-Median (Bollinger Rd) $132.56 Import - 897985 08/29/2022 5280181221-6 - S De Anza Bl (median irrigation) $130.20 Import - 897986 08/29/2022 5461910000-8 - De Anza Blvd.S. $508.85 Import - 897987 08/29/2022 5949902723-9 - Creekline Dr $267.17 Import - 897988 08/29/2022 9705420000-7 - 10300 Torre Avenue Ls $416.87 Import - 897989 08/23/2022 0068410000-1 - 22221 McClellan 8302 $2,463.25 Import - 897990 08/23/2022 0134100000-6 - 8303 Memorial Park $3,084.21 Import - 897991 08/23/2022 0345710000-0 - Alderbrook Ln.FS $117.85 Import - 897992 08/23/2022 0677310000-0 - 10300 Torre Ave LS (Comm.Hall) $1,214.55 Import - 897993 08/23/2022 1250520000-1 - 6620 Blackberry/Snack $642.14 Import - 897994 08/23/2022 1393820000-6 - Irrig SC/Stelling LS (Stev Crk Blvd) $71.06 Import - 897995 08/23/2022 1444810000-9 - Hyannisport Dr. LS $4,755.29 Import - 897996 08/23/2022 1735700000-3 - 8303 Memorial Park Restroom $265.98 Import - 897997 08/23/2022 1787904559-3 - 22221 McClellan 8302 $254.11 Import - 897998 08/23/2022 1832500000-0 - Ruppell PL LS $1,911.01 Import - 897999 08/23/2022 1836700000-9 - 8322 Mary Mini Park $242.09 Import - 898000 08/23/2022 1987700000-0 - Alderbrook Ln LS $6,275.39 Import - 898001 08/23/2022 2228610000-7 - 21111 Stevens Crk LS $242.09 Import - 898002 08/23/2022 2243500000-9 - 10300 Ainsworth Dr.LS $2,463.25 Import - 898003 08/23/2022 2286120000-8 - 21251 Stevens Creek Blvd $73.94 Import - 898004 08/23/2022 2288800000-1 - Stokes Ave/8306 Somerset Park $1,478.06 Import - 898005 08/23/2022 2649300000-9 - 10300 Torre Ave. FS (Comm.Hall) $117.85 Import - 898006 08/23/2022 2787197813-9 - 8322 Stevens Creek Bl $71.06 Import - 898007 08/23/2022 2892070144-9 - 22221 McClellan 8320 $147.88 Import - 898008 08/23/2022 2984810000-3 - 8504 Alves and Stelling $289.86 Import - 898009 08/23/2022 3296700000-4 - Irrig SC/Stelling LS (Stev Crk Blvd) $71.06 Import - 898010 08/23/2022 3322910000-4 - 8306 Somerset Park(Stokes Ave) $224.19 Import - 898011 08/23/2022 3530520000-4 - 21111 Stev.Crk Blvd 8510 $367.48 Import - 898012 08/23/2022 3612707315-7 - Stocklmeir Ct $916.80 Import - 898013 08/23/2022 3673220000-5 - Stev.Crk/Cupertino Rd. $71.06 Import - 898014 08/23/2022 3746710000-6 - 21111 Stev.Crk BL FS $116.19 Import - 898015 08/23/2022 3841010000-2 - 8507 Monta Vista Park $265.98 Import - 898016 08/23/2022 3856110000-9 - 8322 Stella Estates $71.06 Import - 898017 08/23/2022 3857710000-1 - 8322 Foothill/Cupertino Rd $332.44 Import - 898018 08/23/2022 3900520000-9 - 10300 Torre Ave $534.08 Import - 898019 08/23/2022 4103020000-4 - 6620 Blackberry/Snack $767.53 Import - 898020 08/23/2022 4227520000-6 - 8303 Memorial Park $731.71 Import - 898021 08/23/2022 5356310000-6 - 8322 Stev.Crk/Median $224.19 Import - 898022 08/23/2022 5778910000-5 - 8504 Quinlan Ln.FS $73.94 Import - 898023 08/23/2022 5835000000-4 - 8322 Stelling/Alves $140.68 Import - 898024 08/23/2022 5929210000-1 - 8322 Ann Arbor Ct $146.64 user: Vi Tran Pages: 9 of 24 Monday, September 19, 2022 Payment Register
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From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 114
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
Import - 898025 08/23/2022 5948100000-4 - Emerg Irrig/Golf/ 6640 BBF $9,611.92 Import - 898026 08/23/2022 5986710000-6 - 10300 Torre Ave. FS (Comm.Hall) $455.36 Import - 898027 08/23/2022 6292600000-1 - 10800 Torre Ave LS $4,216.28 Import - 898028 08/23/2022 6296810000-8 - 8322 Stev.Crk Bl median $71.06 Import - 898029 08/23/2022 6405210000-1 - 8506 McClellan Ranch $190.47 Import - 898030 08/23/2022 6578520000-0 - 83 Foothill Bl/Alpine Dr22 LS $170.53 Import - 898031 08/23/2022 6788620000-4 - 10555 Mary Ave. 8503 $331.65 Import - 898032 08/23/2022 6907100000-9 - Alderbrook Ln $209.30 Import - 898033 08/23/2022 6935200000-9 - 8303 Memorial Park $5,591.96 Import - 898034 08/23/2022 6973320000-5 - 8301 Linda Vista PK1 $707.82 Import - 898035 08/23/2022 7036000000-7 - 85 Stev.Crk/Mary LS $164.55 Import - 898036 08/23/2022 7054200000-8 - 8322 Phar Lap LS $90.98 Import - 898037 08/23/2022 7495200000-3 - 10300 Torre Ave FS $117.85 Import - 898038 08/23/2022 7630410000-1 - Salem Av.LS $152.61 Import - 898039 08/23/2022 7930000000-1 - 8322 Stelling/Christensen Dr. $152.61 Import - 898040 08/23/2022 8006810000-9 - 10450 Mann Dr $55.15 Import - 898041 08/23/2022 8065700000-8 - Peninsula and Fitzgerald Is $43.22 Import - 898042 08/23/2022 8270010000-9 - Janice Ave.LS $236.12 Import - 898043 08/23/2022 8287220000-9 - 8322 Stevens Cr/San Antonio Ls $71.06 Import - 898044 08/23/2022 8647520000-1 - 10555 Mary Ave/Corp Yard FS $190.14 Import - 898045 08/23/2022 8755010000-9 - 10455 Miller Ave/Creekside $431.13 Import - 898046 08/23/2022 8879620000-9 - 8504 Christensen Dr $271.95 Import - 898047 08/23/2022 8886800000-6 - 8301 Linda Vista PK2 $815.29 Import - 898048 08/23/2022 9377600000-7 - 8307 Varian Park $2,033.34 Import - 898049 08/23/2022 9824500000-9 - 8322 Irrig SC/Stelling $701.93 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$56,986.00
560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash)
$9,611.92
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$725.76
731084 09/16/2022 Open Accounts Payable SIERRA PACIFIC TURF SUPPLY, INC.
$2,073.95
Invoice Date Description Amount
0627318-IN 08/29/2022 steel mesh divider/driving range mats $2,073.95 Paying Fund Cash Account Amount
560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash)
$2,073.95
731085 09/16/2022 Open Accounts Payable Sister Cities International $810.00 Invoice Date Description Amount
2484127 08/11/2022 Sister Cities International Membership $810.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$810.00
731086 09/16/2022 Open Accounts Payable Tennyson Electric Inc. $83,659.37 Invoice Date Description Amount
1220331 08/25/2022 Homestead Rd & N De Anza Blvd through 08312022 $83,659.37 Paying Fund Cash Account Amount
user: Vi Tran Pages: 10 of 24 Monday, September 19, 2022 Payment Register
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From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 115
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$83,659.37
731087 09/16/2022 Open Accounts Payable TransUnion Risk and Alternative $160.00 Invoice Date Description Amount
6110432-202208-1 09/01/2022 Tlo 08/01/2022 - 08/31/2022 $160.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$160.00
731088 09/16/2022 Open Accounts Payable TURF & INDUSTRIAL EQUIPMENT CO.
$1,121.83
Invoice Date Description Amount
IV43825 09/13/2022 Fleet - Air Filter, Clutch, Needle Cage, Oil Pump, Chain Hose
$382.54
IV43876 09/13/2022 Fleet - Cutter Bar, Gasket, Chain Sproc, Needle Cage $739.29 Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$1,121.83
731089 09/16/2022 Open Accounts Payable United Site Services $281.05 Invoice Date Description Amount
114-13328763 08/30/2022 portable toilet at compost site August-September 2022 $281.05 Paying Fund Cash Account Amount
520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash)
$281.05
731090 09/16/2022 Open Accounts Payable Wagstaffe, von Loewenfeldt, Busch & Radwick LLP
$23,982.00
Invoice Date Description Amount
4111.2208 09/09/2022 Legal Services, August 2022 $23,982.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$23,982.00
731091 09/16/2022 Open Accounts Payable West-Lite Supply Company, Inc. $1,262.49 Invoice Date Description Amount
18825 07/22/2022 Facilities - Credit for Invoice# 85759H ($221.61) 85759H-1 07/21/2022 Facilities - 8" LED Rec Trim 3500K 120-277 $192.06 86080H 08/24/2022 Facilities - 8" LED Retro 4000K $1,292.04 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,262.49
731092 09/16/2022 Open Accounts Payable WHEELING PARK COMMISSION $2,195.30 Invoice Date Description Amount
ROBF8114 08/11/2022 NRPA Supervisors' Management School $2,195.30 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,195.30
731093 09/16/2022 Open Accounts Payable Amarjit Gill $79.89 Invoice Date Description Amount
Gill090722 09/07/2022 The customer doesn¶t need a business license. $79.89 Paying Fund Cash Account Amount
user: Vi Tran Pages: 11 of 24 Monday, September 19, 2022 Payment Register
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From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 116
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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)
$79.89
731094 09/16/2022 Open Accounts Payable Bright Planet Solar $82.27 Invoice Date Description Amount
BPS090822 09/08/2022 The applicant cancelled the application $82.27 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$82.27
731095 09/16/2022 Open Accounts Payable FLORA LU $5,000.00 Invoice Date Description Amount
279391 09/14/2022 REFUND 18600 RALYA CT BLD-2019-0736 TCO BOND
$5,000.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$5,000.00
731096 09/16/2022 Open Accounts Payable Narasimhan, Geethakrishnan $500.00 Invoice Date Description Amount
2006480.030 09/01/2022 QCC- 8/27/22 - Cupertino Room Security Deposit Refund
$500.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$500.00
731098 09/16/2022 Open Accounts Payable THOMAS JAMES HOMES $5,000.00 Invoice Date Description Amount
270129 12/14/2021 10742 Carver Dr., Encroachment, 270129 $5,000.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$5,000.00
731099 09/16/2022 Open Accounts Payable THOMAS JAMES HOMES $37,000.00 Invoice Date Description Amount
269874 12/14/2021 10206 Orange Ave,100%L&M Bond, 269874 $37,000.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$37,000.00
731100 09/16/2022 Open Accounts Payable Thomas James Homes $5,000.00 Invoice Date Description Amount
273534 04/21/2022 Refund for 10740 Gascoigne Dr, PW-2021-0137 $5,000.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$5,000.00
Type Check Totals: 46 Transactions $549,305.38
EFT
35198 09/12/2022 Open Accounts Payable SQUARE, INC. $105.00 Invoice Date Description Amount
SQUARE090222 09/02/2022 Square Team Plus 9/1/22-10/01/22 $105.00 Paying Fund Cash Account Amount
user: Vi Tran Pages: 12 of 24 Monday, September 19, 2022 Payment Register
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From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 117
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117 of 650
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)
$105.00
35199 09/13/2022 Open Accounts Payable TASC $235.35
Invoice Date Description Amount
IN2495688 09/11/2022 FSA - Administration Fees 9/1/22-9/30/22 $235.35 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$235.35
35200 09/13/2022 Open Accounts Payable TASC $594.58
Invoice Date Description Amount
IN2495788 09/11/2022 HRA - Administration Fees 9/1/22-9/30/22 $594.58 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$594.58
35201 09/16/2022 Open Accounts Payable Colonial Life & Accident Insurance $29.16 Invoice Date Description Amount
09092022 09/09/2022 Colonial Products pp 8/27/22-9/9/22 $29.16 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$29.16
35202 09/16/2022 Open Accounts Payable Employment Development $10,415.46 Invoice Date Description Amount
09092022-2 09/09/2022 State Disability Insurance pp 8/27/22-9/9/22 $10,415.46 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$10,415.46
35203 09/16/2022 Open Accounts Payable National Deferred (ROTH) $2,790.66 Invoice Date Description Amount
09092022 09/09/2022 Nationwide Roth pp 8/27/22-9/9/22 $2,790.66 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,790.66
35204 09/16/2022 Open Accounts Payable National Deferred Compensatin $25,805.57 Invoice Date Description Amount
09092022 09/09/2022 Nationwide Deferred Compensation pp 8/27/22-9/9/22 $25,805.57 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$25,805.57
35205 09/16/2022 Open Accounts Payable PERS-457K $14,617.29 Invoice Date Description Amount
09092022 09/09/2022 PERS Deferred Comp pp 8/27/22-9/9/22 $14,617.29 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$14,617.29
35206 09/16/2022 Open Accounts Payable State Disbursement Unit $231.23 Invoice Date Description Amount
09092022 09/09/2022 Child Support pp 8/27/22-9/9/22 $231.23 user: Vi Tran Pages: 13 of 24 Monday, September 19, 2022 Payment Register
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From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 118
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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)
$231.23
35207 09/16/2022 Open Accounts Payable 4 PAWS GOOSE CONTROL $1,850.00 Invoice Date Description Amount
1751 09/05/2022 Grounds - Goose Control Services Aug 2022 $1,850.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,850.00
35208 09/16/2022 Open Accounts Payable Active Network, LLC $1,400.00 Invoice Date Description Amount
1014981 09/13/2022 2x Max Training - Service Package: Remote Refresher $1,400.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,400.00
35209 09/16/2022 Open Accounts Payable ADVANCED CHEMICAL TRANSPORT, INC.
$2,883.34
Invoice Date Description Amount
430991 08/31/2022 Streets - Haz Mat Waste Collection $2,883.34 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,883.34
35210 09/16/2022 Open Accounts Payable AIR PRODUCTS GROUP INC $459.73 Invoice Date Description Amount
133228 09/12/2022 Facilities - Ice Machine Cleaner $459.73 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$367.80
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$91.93
35211 09/16/2022 Open Accounts Payable ALL CITY MANAGEMENT

SERVICES
$20,100.97
Invoice Date Description Amount
79068 08/24/2022 School Crossing Guard Services through 080722- 082022
$2,881.25
79435 09/07/2022 School Crossing Guard Services through 08212022- 09032022
$17,219.72
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$20,100.97
35212 09/16/2022 Open Accounts Payable Amazon Capital Services $255.51 Invoice Date Description Amount
1D4K-3FNX-MVP1 09/12/2022 1x Ear Bluetooth Earbuds - Adjustable Active Noise Cancellation
$141.85
1D4K-3FNX-NVFN 09/12/2022 1x SAMSUNG Type-CTM USB Flash Drive 1 x Single Monitor Gas Sprin
$113.66
Paying Fund Cash Account Amount
user: Vi Tran Pages: 14 of 24 Monday, September 19, 2022 Payment Register
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From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 119
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$255.51
35213 09/16/2022 Open Accounts Payable Amazon Web Services, Inc. $1,429.35 Invoice Date Description Amount
1121004593 09/02/2022 AWS - August 1 - August 31 , 2022 Applications $1,429.35 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,429.35
35214 09/16/2022 Open Accounts Payable American Beverage Equipment, Inc $6,256.64 Invoice Date Description Amount
i100840 08/24/2022 Facilities - Ice Machine Installation $6,256.64 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$6,256.64
35215 09/16/2022 Open Accounts Payable ANDY BADAL $220.00 Invoice Date Description Amount
AndyB09082022 09/08/2022 Andy Cell reimbursement 408-857-0630 - April 29 - Aug 28, 2022
$220.00
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$220.00
35216 09/16/2022 Open Accounts Payable Apolent Corporation $7,708.00 Invoice Date Description Amount
CC220831 09/06/2022 Preeti Consulting Services 7/31 - 9/3, 2022 $7,708.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$7,708.00
35217 09/16/2022 Open Accounts Payable BECK'S SHOES INCORPORATED $1,143.10 Invoice Date Description Amount
258897-00 09/09/2022 Safety Apparel Boots - Kane Wolfe $400.00 258669-00 08/30/2022 Safety Apparel Boots - Shawn Tognetti, Robert Griffiths
$743.10
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,143.10
35218 09/16/2022 Open Accounts Payable BKF Engineers $15,579.20 Invoice Date Description Amount
22090839 09/12/2022 Pumpkin-Fiesta Storm Drain Project though 062722- 082122
$15,579.20
Paying Fund Cash Account Amount
210 - Storm Drain Improvement 210 100-100 (Cash & Investments Assets Operating Cash)
$15,579.20
35219 09/16/2022 Open Accounts Payable BOSCO OIL INC DBA VALLEY OIL $20,505.05 Invoice Date Description Amount
128411 09/08/2022 Fleet - Fuel $1,382.87
128609 09/12/2022 Fleet - Fuel $7,281.85
128610 09/12/2022 Fleet - Fuel $11,840.33
Paying Fund Cash Account Amount
user: Vi Tran Pages: 15 of 24 Monday, September 19, 2022 Payment Register
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From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 120
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$20,505.05
35220 09/16/2022 Open Accounts Payable BRIAN GATHERS $55.00 Invoice Date Description Amount
BrianG090422 09/04/2022 Cell Phone Reimbursement - Brian G 8-5-22 to 9-4-22 $55.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$55.00
35221 09/16/2022 Open Accounts Payable Community Health Charities HO $50.00 Invoice Date Description Amount
09092022 09/09/2022 Community Health Charities pp 8/27/22-9/9/22 $50.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$50.00
35222 09/16/2022 Open Accounts Payable CSG Consultants, Inc. $36,970.00 Invoice Date Description Amount
45879 09/06/2022 Regnart Creek Fencing Phase 2 through 08262022 $11,810.00 45881 09/06/2022 Homestead Re./N. De Anza Blvd. through 08262022 $7,190.00 45880 09/06/2022 Memorial Park Ponds Repurposing through 08262022 $17,970.00 Paying Fund Cash Account Amount
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$7,190.00
280 - Park Dedication 280 100-100 (Cash & Investments Assets Operating Cash)
$17,970.00
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$11,810.00
35223 09/16/2022 Open Accounts Payable Cupertino Supply, Inc $199.16 Invoice Date Description Amount
300041 09/06/2022 Grounds - PVC Pipe, 1-1/4x1 PVC, 2x1 PVC $29.58 300246 09/08/2022 Facilities - Wall Hung Flushometer Toilet $169.58 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$199.16
35224 09/16/2022 Open Accounts Payable Cyxtera Communications, LLC $1,179.51 Invoice Date Description Amount
B1-2293194 09/01/2022 FY23 Colocation Services - October 2022 $1,179.51 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$1,179.51
35225 09/16/2022 Open Accounts Payable Dasher Technologies, Inc. $1,030.00 Invoice Date Description Amount
PSI-DSH01582 08/31/2022 FY23 Infrastructure Consulting Services - August 2022 $1,030.00 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$1,030.00
35226 09/16/2022 Open Accounts Payable EDGES ELECTRICAL GROUP $264.91 Invoice Date Description Amount
S5663614.001 09/08/2022 Trees/ROW - SCR CVR Encl $109.76 user: Vi Tran Pages: 16 of 24 Monday, September 19, 2022 Payment Register
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
S5663640.001 09/08/2022 Trees/ROW - Ideal 42-201 3-IN Red Elec Buried $155.15 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$264.91
35227 09/16/2022 Open Accounts Payable Eflex Group, Inc $3,403.61 Invoice Date Description Amount
09092022 09/09/2022 FSA Employee Health pp 8/27/22-9/9/22 $3,403.61 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,403.61
35228 09/16/2022 Open Accounts Payable GEOTAB USA, INC. $2,637.50 Invoice Date Description Amount
IN316852 08/31/2022 Telematics Project - ProPlus Plan, Support Aug. 2022 $2,637.50 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$2,637.50
35229 09/16/2022 Open Accounts Payable GONG CHA USA $959.20 Invoice Date Description Amount
002 09/14/2022 Bobateeno - Gong Cha Tea 2 $959.20
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$959.20
35230 09/16/2022 Open Accounts Payable GOT POWER, INC. DBA CD &

POWER, INC
$6,835.00
Invoice Date Description Amount
01-63101 08/24/2022 Fleet - Annual Service Unit 66KW G85 Wacker $2,040.00 01-63089 08/24/2022 Fleet - Annual Service125KW MQ $2,095.00 01-63714 09/07/2022 Facilities - City Hall 125KW Cummins Inspection $1,210.00 01-63090 08/24/2022 Facilities - 250KW Annual Service $1,490.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$6,835.00
35231 09/16/2022 Open Accounts Payable GRAINGER INC $225.23 Invoice Date Description Amount
9429575211 08/31/2022 Streets - Credit for Invoice 9421868333 ($9.76) 9439204539 09/08/2022 Facilities - Fuse Class RK5, 30A $195.90 9440084946 09/09/2022 Facilities - Fuse Class RK5, 30A $39.09 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
($9.76)
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$234.99
35232 09/16/2022 Open Accounts Payable Health Care Employees $29,832.30 Invoice Date Description Amount
318923-318925 09/07/2022 September 2022 Dental Benefit $29,832.30 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$29,832.30
user: Vi Tran Pages: 17 of 24 Monday, September 19, 2022 Payment Register
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
35233 09/16/2022 Open Accounts Payable ICMA Retirement Trust-457 $15,902.07 Invoice Date Description Amount
09092022 09/09/2022 ICMA Deferred Comp pp 8/27/22-9/9/22 $15,902.07 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$15,902.07
35234 09/16/2022 Open Accounts Payable IFPTE LOCAL 21 $2,309.37 Invoice Date Description Amount
09092022 09/09/2022 Association Dues - CEA pp 8/27/22-9/9/22 $2,309.37 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,309.37
35235 09/16/2022 Open Accounts Payable IMPEC GROUP INC,. $92,439.47 Invoice Date Description Amount
2208127 08/31/2022 Facilities - Aug 2022 Janitorial Services $91,679.06 2208133 08/31/2022 Faciliites - Aug 2022 Linda Vista Trail Gate $760.41 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$82,803.61
560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash)
$1,267.41
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$8,368.45
35236 09/16/2022 Open Accounts Payable Imperial Sprinkler Supply. Inc $583.86 Invoice Date Description Amount
5247179-00 08/25/2022 Trees/ROW - 1" Brass Tee Type Sensor $583.86 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$583.86
35237 09/16/2022 Open Accounts Payable Interstate Traffic Control Products, Inc.
$365.97
Invoice Date Description Amount
252677 09/07/2022 Streets - Paint Red Curb, Stencil Guard $365.97 Paying Fund Cash Account Amount
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$365.97
35238 09/16/2022 Open Accounts Payable JAM Services, Inc $4,785.14 Invoice Date Description Amount
161037 09/08/2022 Streets - 6' Wood Pole Arm (Bolt On Style) $965.76 160753 08/30/2022 Streets - 6390LL-BK Photocell $3,819.38 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$4,785.14
35239 09/16/2022 Open Accounts Payable KIMBALL-MIDWEST $536.04 Invoice Date Description Amount
100275499 09/08/2022 Streets - Ult Promax Safety Red, White Inverted Marking, FLM 10
$536.04
Paying Fund Cash Account Amount
user: Vi Tran Pages: 18 of 24 Monday, September 19, 2022 Payment Register
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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)
$536.04
35240 09/16/2022 Open Accounts Payable KIMLEY-HORN AND ASSOCIATES, INC.
$7,450.00
Invoice Date Description Amount
22199896 08/17/2022 De Anza McClellan Upgrade through 07312022 $7,450.00 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$7,450.00
35241 09/16/2022 Open Accounts Payable Life Insurance Company of North America
$8,605.52
Invoice Date Description Amount
15487_090122 09/09/2022 September 2022 CIGNA $8,605.52
Paying Fund Cash Account Amount
641 - Compensated Absence/LTD 641 100-100 (Cash & Investments Assets Operating Cash)
$8,605.52
35242 09/16/2022 Open Accounts Payable Lighthouse Services, LLC $1,835.00 Invoice Date Description Amount
39189 09/06/2022 FWA - Compliance Hotline Annual Fee 9/1/22-8/31/23 $1,835.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,835.00
35243 09/16/2022 Open Accounts Payable Managed Health Network Inc $822.14 Invoice Date Description Amount
PRM-074463 08/17/2022 September 2022 EAP BENEFIT $822.14 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$822.14
35244 09/16/2022 Open Accounts Payable Mesiti-Miller Engineering, Inc. $3,636.90 Invoice Date Description Amount
0822044 08/31/2022 Wilson Park Basketball Court through 08252022 $1,836.90 0822045 08/31/2022 Wilson Park Basketball Lime Treatment Alternative through 082522
$1,800.00
Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$3,636.90
35245 09/16/2022 Open Accounts Payable Moore Lacofano Goltsman, Inc. $1,395.00 Invoice Date Description Amount
0076905 09/07/2022 I-280 Trail SO#1 through 08012022-08312022 $1,395.00 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$1,395.00
35246 09/16/2022 Open Accounts Payable Nomad Transit LLC $78,518.13 Invoice Date Description Amount
INV001-5869 08/31/2022 Via Cupertino Shuttle for August 2022 $78,518.13 Paying Fund Cash Account Amount
user: Vi Tran Pages: 19 of 24 Monday, September 19, 2022 Payment Register
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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)
$78,518.13
35247 09/16/2022 Open Accounts Payable PACIFIC OFFICE AUTOMATION, INC
$612.53
Invoice Date Description Amount
377777 08/29/2022 Quarterly Maint. & Support for 15 mfp 5/20 - 8/20, 2022 $612.53 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$612.53
35248 09/16/2022 Open Accounts Payable PARS/City of Cupertino $3,191.48 Invoice Date Description Amount
09092022 09/09/2022 PARS Employee pp 8/27/22-9/9/22 $3,191.48 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,191.48
35249 09/16/2022 Open Accounts Payable Pay Pal Inc VPS $19.95 Invoice Date Description Amount
124329380 08/31/2022 VSV0003096477 cupertinoweb4 01-Aug-22 to 31-Aug22$19.95 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$19.95
35250 09/16/2022 Open Accounts Payable QUADIENT FINANCE USA, INC, $4,000.00 Invoice Date Description Amount
8702-090422 09/04/2022 Postage -Cupertino00000011297245 $4,000.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$4,000.00
35251 09/16/2022 Open Accounts Payable Red Wing Business Advantage Account
$8,020.60
Invoice Date Description Amount
20220910074592 09/10/2022 OE3 Boots: 17 staff members (see inv for names) $6,786.42 20220810074592 08/10/2022 OE3 Boots: Kyle Garcia purchase and return $40.45 20220710074592 07/10/2022 OE3 Boots: Kyle, Diego, James $1,193.73 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$8,020.60
35252 09/16/2022 Open Accounts Payable Robert Half $3,589.09 Invoice Date Description Amount
60655976 09/05/2022 Osman, Luam for Week-Ended 09/02/2022 $1,992.61 60722167 09/14/2022 Osman, Luam for Week-Ended 09/09/2022 $1,596.48 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,589.09
35253 09/16/2022 Open Accounts Payable SABRO Communications, Inc. $20,165.00 Invoice Date Description Amount
2488-C 08/11/2022 Data Cabling City Hall - City Facilities Video Capture $4,575.00 user: Vi Tran Pages: 20 of 24 Monday, September 19, 2022 Payment Register
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
2482-C 07/21/2022 Cabling at Quinlan CC - installing cameras & projector Cat-6 cab
$6,770.00
2483-C 07/21/2022 Cabling at Sports Center for Video Camera Capture Project
$8,820.00
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$20,165.00
35254 09/16/2022 Open Accounts Payable Safety Compliance Management, Inc. $695.00 Invoice Date Description Amount
5761 09/12/2022 Service Center - First Responder Awareness Training $695.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$695.00
35255 09/16/2022 Open Accounts Payable SHUTE, MIHALY & WEINBERGER LLP
$6,527.92
Invoice Date Description Amount
278365 09/13/2022 Legal Services, August 2022 $6,527.92 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$6,527.92
35256 09/16/2022 Open Accounts Payable SONITROL/PACIFIC WEST SECURITY, INC.
$195.00
Invoice Date Description Amount
64549 08/29/2022 Facilities - Library Removed Strobe Horn in Reading Room
$195.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$195.00
35257 09/16/2022 Open Accounts Payable Starbird Consulting LLC $2,632.50 Invoice Date Description Amount
0195 09/12/2022 Environ. Con. Svcs. 21801 SCB through 09122022 $2,632.50 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,632.50
35258 09/16/2022 Open Accounts Payable SUNNYVALE FORD $29.18 Invoice Date Description Amount
209650 09/08/2022 Fleet - Gasket 1 HV $29.18
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$29.18
35259 09/16/2022 Open Accounts Payable Tenji, Inc. $5,273.29 Invoice Date Description Amount
3774 08/30/2022 Facilities - June & July 2022 Aquarium Maint. $5,273.29 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$5,273.29
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
35260 09/16/2022 Open Accounts Payable THE HARTFORD $11,994.15 Invoice Date Description Amount
656346492024 09/09/2022 September 2022 Life and AD&D Benefit $11,755.20 756346428441 09/09/2022 September 2022 $238.95
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$11,994.15
35261 09/16/2022 Open Accounts Payable Tripepi, Smith and Associates, Inc $5,068.75 Invoice Date Description Amount
8626 08/31/2022 Budget at a Glance and The Scene $5,068.75 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$5,068.75
35262 09/16/2022 Open Accounts Payable US BANK $63,729.02 Invoice Date Description Amount
SelbyM081522 08/15/2022 1711 CC Charges $7.50
KennethE081522 08/15/2022 5954 CC Charges $1,170.54
JindyG081522 08/15/2022 0175 cc charges $463.29
KimL08152022 08/15/2022 5169 CC Charges $33.39
CesarG081522 08/15/2022 9076 CC Charges $410.08
IkaP081522 08/15/2022 8108 CC Charges $42.49
AndrewS081522 08/15/2022 9993 CC Charges $558.55
KevinG081522 08/15/2022 5856 CC Charges $1,223.28
mariahg081522 08/15/2022 7882 CC CHARGES $837.71
TyB081522 08/15/2022 7739 CC Charges $9,540.93
ReiD081522 08/15/2022 1409CC Charges $793.09
BradA081522 08/15/2022 6013 cc charges $650.00
JerryA081522 08/15/2022 8636 cc charges $740.00
BrianG081522 08/15/2022 6202 CC Charges $738.80
RicardoA81522 08/15/2022 9906 CC Charges $1,547.33
SundariP081522 08/15/2022 9702 CC Charges $5,154.80
RobertG81522 08/15/2022 6980 CC Charges $1,399.32
RudyL081522 08/15/2022 8736 CC Charges $214.37
RSander081522 08/15/2022 4371 CC Charges $12.99
KrisG081522 08/15/2022 9146 CC Charges $2,568.75
JennyK081522 08/15/2022 8829 CC Charges $42.22
LaurenS081522 08/15/2022 0578 CC Charges $168.41
MelissaR081522 08/15/2022 0572 CC Charges $866.15
ChristL081522 08/15/2022 7456 CC Charges $39.25
CyrahC081522 08/15/2022 0363 CC Charges $653.00
DiegoZ081522 08/15/2022 8626 CC Charges $1,807.60
AraceliA081522 08/15/2022 0722 CC Charges $1,425.00
SonyaL081522 08/15/2022 8808 CC Charges $690.89
AlexC08152022 08/15/2022 5300 CC Charges $399.10
KavithaA081522 08/15/2022 7567 CC Charges $2,795.20
ColleenF081522 08/15/2022 0798 cc charges $280.42
JANETL081522 08/15/2022 9949 CC Charges $6,398.67
DanielM081522 08/15/2022 9167 CC Charges for 8.15.22 $415.20 JasonB081522 08/15/2022 3965 CC Charges $154.51
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
DebraNCC081522 08/15/2022 1090 CC Charges $2,108.42
Branton081522 08/15/2022 5320 CC Charges $1,560.33
MarilynP08152022 08/15/2022 6763 CC Charges $3,049.29
BennyH08152022 08/15/2022 1015 CC Charges $2,701.40
KarenL081522 08/15/2022 9612CCCharges $833.85
JonF081522 08/15/2022 3969 cc charges $743.43
ShawnT081522 08/15/2022 7105 cc charges $1,707.93
RandyV081522 08/15/2022 9138 CC Charges $182.93
RobertK081522 08/15/2022 7858 CC Charges $808.26
RobertD081522 08/15/2022 6680 CC Charges $287.00
AmandaH81522 08/15/2022 9326 CC Charges $703.56
UrsulaS08152022 08/15/2022 4246 CC Charges August 2022 $4,799.79 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$48,688.40
230 - Env Mgmt Cln Crk Strm Drain 230 100-100 (Cash & Investments Assets Operating Cash)
$2,919.44
265 - BMR Housing 265 100-100 (Cash & Investments Assets Operating Cash)
$9.95
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$57.75
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$15.00
520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash)
$2,530.35
560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash)
$381.22
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$280.42
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$932.73
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$6,386.44
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$1,527.32
35263 09/16/2022 Open Accounts Payable Vision Service Plan (CA) $4,332.50 Invoice Date Description Amount
815885455 08/19/2022 September 2022 Vision Benefit $2,434.66 815885465 08/19/2022 September 2022 Vision Benefit $1,015.48 815897569 08/21/2022 September 2022 Vision Benefit $882.36 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$4,332.50
35264 09/16/2022 Open Accounts Payable ZAYO GROUP, LLC $2,701.01 Invoice Date Description Amount
2022090030583 09/01/2022 FY23 Disaster Recovery Telecom services Sept. 2022
$2,701.01
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$2,701.01
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
Type EFT Totals: 67 Transactions $580,218.19
Main Account - Main Checking Account Totals
Checks Status Count Transaction Amount Reconciled Amount Open 46 $549,305.38 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 46 $549,305.38 $0.00
EFTs Status Count Transaction Amount Reconciled Amount
Open 67 $580,218.19 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Total 67 $580,218.19 $0.00
All Status Count Transaction Amount Reconciled Amount
Open 113 $1,129,523.57 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 113 $1,129,523.57 $0.00
Grand Totals:

Checks Status Count Transaction Amount Reconciled Amount Open 46 $549,305.38 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 46 $549,305.38 $0.00
EFTs Status Count Transaction Amount Reconciled Amount
Open 67 $580,218.19 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Total 67 $580,218.19 $0.00
All Status Count Transaction Amount Reconciled Amount
Open 113 $1,129,523.57 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 113 $1,129,523.57 $0.00
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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 SEPTEMBER 25, 2022
WHEREAS, the Director of Administrative Services or their 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 15
th day of November, 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
130
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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
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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
731101 09/23/2022 Open Accounts Payable Advantage Grafix $7,471.53 Invoice Date Description Amount
46921 09/16/2022 FY22-23 Budget at a glance (BAAG) $398.95 46923 09/16/2022 FY22-23 Budget Book $3,504.55
46918 09/16/2022 Annual garage sale map printing 2022 $294.18 46917 09/16/2022 Invoice for Drought Postcards $454.07
46913 09/16/2022 PW City Hall-Memorial Park Sp. Plan Ayano $747.77 46925 09/16/2022 PW CH SR2S - SC Street Banner $2,072.01 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$6,429.58
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$747.77
520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash)
$294.18
731102 09/23/2022 Open Accounts Payable Alta Planning + Design, Inc. $1,995.75 Invoice Date Description Amount
00-2022-124-2 09/14/2022 Cupertino, CA Suggested Route Maps through 08312022
$1,995.75
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,995.75
731103 09/23/2022 Open Accounts Payable AT&T $2,067.00
Invoice Date Description Amount
000018742576 09/10/2022 9391051384 8/10/22-9/9/22 $1,611.33 000018755301 09/12/2022 9391023221 (408-253-9200) 8/12/22-9/11/22 $58.26 000018755303 09/12/2022 9391023223 8/12/22-9/11/22 $80.82 000018755397 09/12/2022 9391023218 (238-371-7141) 8/12/22-9/11/22 $68.96 000018755398 09/12/2022 9391023217 (237-361-8095) 8/12/22-9/11/22 $87.54 000018755399 09/12/2022 9391023216 (233-281-5494) 8/12/22-9/11/22 $70.54 000018755400 09/12/2022 9391023215 (233-281-4421) 8/12/22-9/11/22 $89.55 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,947.25
560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash)
$58.26
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$61.49
731104 09/23/2022 Open Accounts Payable Bay Area Self Storage - Cupertino $678.00 Invoice Date Description Amount
12151 09/16/2022 Facilities - Oct 2022 Storage Rental Fees $678.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$678.00
731105 09/23/2022 Open Accounts Payable CCMF $400.00
Invoice Date Description Amount
2984 07/20/2022 CCMF General Membership Pamela Wu $400.00 user: Vi Tran Pages: 1 of 17 Monday, September 26, 2022 Payment Register
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Voided Date Source Payee Name
Transaction
Amount
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Amount Difference
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$400.00
731106 09/23/2022 Open Accounts Payable CENTURYLINK $38.16 Invoice Date Description Amount
09072022 09/07/2022 CenturyLink Phone Services ±September 2022 $38.16 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$38.16
731107 09/23/2022 Open Accounts Payable COMCAST $2,213.46 Invoice Date Description Amount
3310 - 090722 09/07/2022 8155 40 065 0183310 - 090722 $2,213.46 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$249.48
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$737.47
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$1,226.51
731108 09/23/2022 Open Accounts Payable COMMUNITY CLIMATE SOLUTIONS $6,000.00 Invoice Date Description Amount
340 08/24/2022 FY23 CCS Sustainability Engagement Platform $6,000.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$6,000.00
731109 09/23/2022 Open Accounts Payable CPRS $555.00
Invoice Date Description Amount
09022022 09/02/2022 CPRS Agency Membership Dues FY 23 $555.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$555.00
731110 09/23/2022 Open Accounts Payable DEPARTMENT OF JUSTICE $96.00 Invoice Date Description Amount
601547 09/06/2022 Fingerprint Apps Aug 2022 $96.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$96.00
731111 09/23/2022 Open Accounts Payable DONE RIGHT, INC. $600.00 Invoice Date Description Amount
7030-rev 09/10/2022 City Hall Facia Repair, 9/10/22 billing $600.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$600.00
731112 09/23/2022 Open Accounts Payable FEDEX $24.92
Invoice Date Description Amount
7-878-01938 09/09/2022 FEDEX- PW Service Ctr Shipping $24.92 Paying Fund Cash Account Amount
user: Vi Tran Pages: 2 of 17 Monday, September 26, 2022 Payment Register
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Number Date Status Void Reason
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Voided Date Source Payee Name
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Amount Difference
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$24.92
731113 09/23/2022 Open Accounts Payable First Vanguard Rentals & Sales, Inc. $17,420.00 Invoice Date Description Amount
1-503835 07/08/2022 Facilities - Medium Metro Matrix Display $17,420.00 Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$17,420.00
731114 09/23/2022 Open Accounts Payable Freyer & Laureta, Inc. $3,050.00 Invoice Date Description Amount
22-490 09/13/2022 Memorial Park Pond Removal through 080122-083122 $3,050.00 Paying Fund Cash Account Amount
280 - Park Dedication 280 100-100 (Cash & Investments Assets Operating Cash)
$3,050.00
731115 09/23/2022 Open Accounts Payable Hexagon Transportation Consultants, Inc.
$5,895.00
Invoice Date Description Amount
15927 09/14/2022 TIF Peer Review $5,895.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$5,895.00
731116 09/23/2022 Open Accounts Payable Intermountain Slurry Seal, Inc. $44,614.84 Invoice Date Description Amount
2306272 08/25/2022 Cupertino 2021 PMP Various Locations through 08252022
$44,614.84
Paying Fund Cash Account Amount
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$23,855.71
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$20,759.13
731117 09/23/2022 Open Accounts Payable JOHN THOMPSON TREE EXPERT $9,500.00 Invoice Date Description Amount
9-19-22 09/19/2022 tree work at BBF golf course $9,500.00 Paying Fund Cash Account Amount
560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash)
$9,500.00
731118 09/23/2022 Open Accounts Payable Kitchell CEM $4,000.00 Invoice Date Description Amount
107995 09/15/2022 Citywide FCA Phase 2 though 080122-083122 $4,000.00 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$4,000.00
731119 09/23/2022 Open Accounts Payable Language Network, Inc $693.55 Invoice Date Description Amount
P3310 09/14/2022 PW City Hall - Memorial Park Specific Plan Ayano $693.55 Paying Fund Cash Account Amount
user: Vi Tran Pages: 3 of 17 Monday, September 26, 2022 Payment Register
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
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Amount Difference
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$693.55
731120 09/23/2022 Open Accounts Payable Medina's Catering $1,782.95 Invoice Date Description Amount
053-1 09/21/2022 2022 Wellness Fair - lunch invoice remainder $1,782.95 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,782.95
731121 09/23/2022 Open Accounts Payable Mountain View Garden Center $130.84 Invoice Date Description Amount
111053 08/30/2022 Trees/ROW - Fill Sand $130.84
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$130.84
731122 09/23/2022 Open Accounts Payable PG&E $11.80
Invoice Date Description Amount
0322-091422 09/14/2022 5849279032-2 8/9/22-9/7/22 $11.80 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$11.80
731123 09/23/2022 Open Accounts Payable PILOT ROCK $4,815.04 Invoice Date Description Amount
256913 09/13/2022 Grounds - Lid Dome Plastic 24" Brn/Door for TRH32&55$4,815.04 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$4,815.04
731124 09/23/2022 Open Accounts Payable PTS COMMUNICATIONS $543.00 Invoice Date Description Amount
2093355 09/08/2022 payphone svcs 10/1/22-10/31/22 $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
731125 09/23/2022 Open Accounts Payable SANCRA Southern Division $180.00 Invoice Date Description Amount
1307 09/16/2022 SANCRA membership registration $90.00
1314 09/20/2022 SANCRA softball team registration $90.00 Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$180.00
731126 09/23/2022 Open Accounts Payable SIERRA PACIFIC TURF SUPPLY, INC.
$19,531.65
Invoice Date Description Amount
0628482-IN 09/19/2022 Grounds - Sierra Supreme, Arena .25G, Dry Tank Cleaner, Whacker
$15,129.19
0626241-IN 08/09/2022 Grounds - Gopher Trap, 25-3-10 70% XCU $4,402.46 user: Vi Tran Pages: 4 of 17 Monday, September 26, 2022 Payment Register
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Voided Date Source Payee Name
Transaction
Amount
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Amount Difference
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$19,531.65
731127 09/23/2022 Open Accounts Payable SSB EDUCATION LLC $11,532.00 Invoice Date Description Amount
ENG4KID_SUM22-2 09/13/2022 ENG4KIDS_SUMMER22-2_JUL-AUG $11,532.00 Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$11,532.00
731128 09/23/2022 Open Accounts Payable TURF & INDUSTRIAL EQUIPMENT CO.
$54.86
Invoice Date Description Amount
IV44167 09/13/2022 Grounds - Bar and Chain $54.86
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$54.86
731129 09/23/2022 Open Accounts Payable United Site Services $1,068.56 Invoice Date Description Amount
INV-00902835 08/11/2022 Trees/ROW - SWP 8-1 to 8-28-22 $492.78 INV-00959861 08/29/2022 Trees/ROW - SWP Exchange and 8-29 to 9-25-22 $575.78 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,068.56
731130 09/23/2022 Open Accounts Payable VERIZON WIRELESS $6,806.31 Invoice Date Description Amount
9915014797-0 09/04/2022 408-202-5384 / Travis Warner $38.01 9915014797-1 09/04/2022 408-204-3449 / Rei Delgado $38.01 9915014797-2 09/04/2022 408-204-5990 / Diego Rodriguez $32.00 9915014797-3 09/04/2022 408-204-9056 / Joseph Herrera $38.01 9915014797-4 09/04/2022 408-205-3349 / Rafael (Senior Center) $29.21 9915014797-5 09/04/2022 408-205-4541 / Iqraam Nabi $38.01 9915014797-6 09/04/2022 408-205-4849 / Brandon Martinez $38.01 9915014797-7 09/04/2022 408-205-5866 / Ricardo Acevedo $38.01 9915014797-8 09/04/2022 408-205-6589 / Street Lights $40.01 9915014797-9 09/04/2022 408-206-0538 / Quinton Adams $51.75 9915014797-10 09/04/2022 408-206-7434 / Albert Salvador $59.79 9915014797-11 09/04/2022 408-206-7512 / Fleet/Mechanic Shop $38.01 9915014797-12 09/04/2022 408-209-3255 / Quinton Adams $38.01 9915014797-13 09/04/2022 408-234-0189 / It Dept Mi-Fi $38.01 9915014797-14 09/04/2022 408-234-0978 / Infrastructure Department $38.01 9915014797-15 09/04/2022 408-234-1270 / J. Medians Crew 1 $38.01 9915014797-16 09/04/2022 408-234-4724 / Building Attendants Quinlan $26.28 9915014797-17 09/04/2022 408-309-0340 / Piu Ghosh $33.42 9915014797-18 09/04/2022 408-309-2536 / Ursula Syrova $37.61 9915014797-19 09/04/2022 408-309-2693 / Paul Tognetti $38.01 9915014797-20 09/04/2022 408-309-6398 / Lisa Cameli $51.59 9915014797-21 09/04/2022 408-309-7042 / Kristina Alfaro $25.39 9915014797-22 09/04/2022 408-309-7640 / Bob Sabich $37.28 9915014797-23 09/04/2022 408-309-8401 / Paul Sapudar $38.01 user: Vi Tran Pages: 5 of 17 Monday, September 26, 2022 Payment Register
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Voided Date Source Payee Name
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Amount
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Amount Difference
9915014797-24 09/04/2022 408-309-9252 / Antonio Torrez $32.34 9915014797-25 09/04/2022 408-313-0045 / Roberto Montez $38.01 9915014797-26 09/04/2022 408-313-1148 / Toan Quach $51.59 9915014797-27 09/04/2022 408-313-3558 / Street Tree Maintenance #3 $38.01 9915014797-28 09/04/2022 408-313-4364 / Street Tree Maintenance #4 $38.01 9915014797-29 09/04/2022 408-313-5321 / Aaron Saiz $38.01 9915014797-30 09/04/2022 408-313-6943 / Victor Espinoza $38.01 9915014797-31 09/04/2022 408-314-4452 / Shawn Tognetti $29.14 9915014797-32 09/04/2022 408-314-6637 / Phuong Devries $31.07 9915014797-33 09/04/2022 408-314-9200 / Victoria Morin $38.01 9915014797-34 09/04/2022 408-315-3044 / Jonathan Ferrante $40.32 9915014797-35 09/04/2022 408-315-6764 / Rachelle Sander Mifi $38.01 9915014797-36 09/04/2022 408-315-8165 / Brian Gathers $38.01 9915014797-37 09/04/2022 408-316-1283 / Bill Mitchell $38.01 9915014797-38 09/04/2022 408-316-2067 / Paul O Sullivan $29.35 9915014797-39 09/04/2022 408-316-6770 / Ayano Hattori $51.59 9915014797-40 09/04/2022 408-316-7320 / Marvin Aguilar $38.01 9915014797-41 09/04/2022 408-318-0344 / Michael Woo $34.69 9915014797-42 09/04/2022 408-318-1652 / Esther Kwon $51.59 9915014797-43 09/04/2022 408-318-2012 / Kane Wolfe $38.01 9915014797-44 09/04/2022 408-318-3663 / Pamela Wu $41.59 9915014797-45 09/04/2022 408-318-7365 / Bob Sabich $38.01 9915014797-46 09/04/2022 408-318-8726 / Diego Rodriguez $38.01 9915014797-47 09/04/2022 408-334-4885 / Michael Kimball $38.01 9915014797-48 09/04/2022 408-334-9082 / Sean Hatch $43.11 9915014797-49 09/04/2022 408-340-3184 / Peter Coglianese $38.01 9915014797-50 09/04/2022 408-340-8060 / Nidhi Mathur $38.01 9915014797-51 09/04/2022 408-340-8128 / Lori Baumgartner $38.01 9915014797-52 09/04/2022 408-340-8564 / Portal Park $38.01 9915014797-53 09/04/2022 408-340-8648 / Chad Mosley $38.01 9915014797-54 09/04/2022 408-345-1639 / Sonya Lee $37.59 9915014797-55 09/04/2022 408-440-7136 / Andy Badal $38.01 9915014797-56 09/04/2022 408-460-1821 / Ty Bloomquist $82.01 9915014797-57 09/04/2022 408-466-4450 / Toc Oncall $38.01 9915014797-58 09/04/2022 408-466-4906 / K. Housing Planner $38.01 9915014797-59 09/04/2022 408-472-1568 / David Stillman $51.59 9915014797-60 09/04/2022 408-472-6522 / Rodney Weathers $38.01 9915014797-61 09/04/2022 408-472-6541 / John Raaymakers $38.01 9915014797-62 09/04/2022 408-472-7011 / Ty Bloomquist $38.01 9915014797-63 09/04/2022 408-472-7295 / Antonio Torrez $38.01 9915014797-64 09/04/2022 408-472-7857 / Paul O'sullivan $38.01 9915014797-65 09/04/2022 408-472-7927 / Bill Mitchell $38.01 9915014797-66 09/04/2022 408-472-9907 / Manuel Barragan $51.75 9915014797-67 09/04/2022 408-478-1999 / James Lee $47.73 9915014797-68 09/04/2022 408-482-5991 / Benjamin Fu $38.01 9915014797-69 09/04/2022 408-482-6096 / Monica Diaz $38.01 9915014797-70 09/04/2022 408-482-7747 / Matt Morley $51.59 9915014797-71 09/04/2022 408-483-3215 / Teri Gerhardt $38.01 9915014797-72 09/04/2022 408-483-5672 / M. Jonathan Ferrante $38.01 9915014797-73 09/04/2022 408-483-7859 / Shawn Tognetti $38.01 user: Vi Tran Pages: 6 of 17 Monday, September 26, 2022 Payment Register
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9915014797-74 09/04/2022 408-483-7997 / James Lee Ipad $38.01 9915014797-75 09/04/2022 408-483-9976 / On-Call Service Center $41.01 9915014797-76 09/04/2022 408-489-2932 / Ross Slaney $38.01 9915014797-77 09/04/2022 408-489-3224 / Dianne Thompson $59.89 9915014797-78 09/04/2022 408-489-4395 / Beth Viajar $36.69 9915014797-79 09/04/2022 408-489-8336 / Cyrah Caburian $38.01 9915014797-80 09/04/2022 408-489-9309 / Jonathan Ferrante $38.01 9915014797-81 09/04/2022 408-489-9310 / Kevin Rieden $38.01 9915014797-82 09/04/2022 408-493-3534 / J. Median Crew 2 $38.01 9915014797-83 09/04/2022 408-493-3543 / Frank Villa $51.75 9915014797-84 09/04/2022 408-495-9234 / Thomas Chin $41.05 9915014797-85 09/04/2022 408-495-9873 / Marvin Aguilar $41.42 9915014797-86 09/04/2022 408-497-3691 / Sean Filbeck $38.01 9915014797-87 09/04/2022 408-497-4686 / Miles D'salmon $38.01 9915014797-88 09/04/2022 408-497-4862 / Jeff Trybus $38.01 9915014797-90 09/04/2022 408-510-0622 / Susan Michael $51.59 9915014797-91 09/04/2022 408-510-9158 / Winnie Pagan $38.01 9915014797-92 09/04/2022 408-515-2301 / Vanessa Guerra $25.92 9915014797-93 09/04/2022 408-515-9208 / Debra Nascimento $50.00 9915014797-94 09/04/2022 408-515-9374 / Jimmy Tan $41.89 9915014797-95 09/04/2022 408-529-8879 / Michael Miranda $51.59 9915014797-96 09/04/2022 408-540-8405 / Rodney Weathers $27.64 9915014797-97 09/04/2022 408-568-3911 / Jonathan Ferrante Wwp $38.01 9915014797-98 09/04/2022 408-568-6465 / Cyrah Caburian $38.01 9915014797-99 09/04/2022 408-599-4937 / Steven Hirsch $38.01 9915014797-100 09/04/2022 408-599-8584 / Janet Liang $51.59 9915014797-101 09/04/2022 408-605-2546 / Jerry Anderson $38.01 9915014797-102 09/04/2022 408-605-3078 / Quinton Mifi 1 $38.01 9915014797-103 09/04/2022 408-605-3905 / Andrew Schmitt Mifi 2 $38.01 9915014797-104 09/04/2022 408-609-2453 / Amanda Hui $27.45 9915014797-105 09/04/2022 408-609-2803 / Kevin Simons $38.01 9915014797-106 09/04/2022 408-609-2948 / Brian Policriti $38.01 9915014797-107 09/04/2022 408-609-4188 / Alfredo Alegria $38.01 9915014797-108 09/04/2022 408-609-4367 / Brandon Morales $38.01 9915014797-109 09/04/2022 408-609-8711 / Ralph Aquinaga $38.01 9915014797-110 09/04/2022 408-609-8796 / Frank Villa $38.01 9915014797-111 09/04/2022 408-609-8826 / Domingo Santos $38.01 9915014797-112 09/04/2022 408-610-0601 / Paul Tognetti $51.59 9915014797-113 09/04/2022 408-614-4001 / Nathan Vasquez $515.41 9915014797-114 09/04/2022 408-628-8745 / Fernando Jimenez $38.01 9915014797-115 09/04/2022 408-630-0674 / Christopher Jensen $51.59 9915014797-116 09/04/2022 408-630-0900 / Adrian Melendez $38.01 9915014797-117 09/04/2022 408-630-1388 / Monica Diaz $51.59 9915014797-118 09/04/2022 408-642-4263 / Alex Wykoff $38.01 9915014797-119 09/04/2022 408-642-4504 / Kevin Green $38.01 9915014797-120 09/04/2022 408-655-8680 / Jeff Trybus $51.59 9915014797-121 09/04/2022 408-655-8685 / Alex Wykoff $28.87 9915014797-122 09/04/2022 408-687-5821 / Jonathan Williams $38.01 9915014797-123 09/04/2022 408-687-9445 / Frankie De Leon $38.01 9915014797-124 09/04/2022 408-687-9854 / John Ramos $38.01 user: Vi Tran Pages: 7 of 17 Monday, September 26, 2022 Payment Register
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Voided Date Source Payee Name
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Amount
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Amount Difference
9915014797-125 09/04/2022 408-688-1613 / Ricardo Alvarez $38.01 9915014797-126 09/04/2022 408-688-6252 / Benjamin Fu $28.46 9915014797-127 09/04/2022 408-691-2466 / Kane Wolfe $51.59 9915014797-128 09/04/2022 408-694-8703 / Domingo Santos $34.53 9915014797-129 09/04/2022 408-707-0987 / Richard Banda $38.01 9915014797-130 09/04/2022 408-748-6390 / Tree Crew Ipad 3 $38.01 9915014797-131 09/04/2022 408-761-3636 / Alex Greer $491.95 9915014797-132 09/04/2022 408-781-0290 / Daniel Barone $38.01 9915014797-133 09/04/2022 408-781-0663 / Bill Bridge $38.01 9915014797-134 09/04/2022 408-781-0799 / Brad Alexander $38.01 9915014797-135 09/04/2022 408-781-1340 / John Stiehr $38.01 9915014797-136 09/04/2022 408-781-4139 / Julia Kinst $40.01 9915014797-137 09/04/2022 408-781-4360 / Paul Tognetti $38.01 9915014797-138 09/04/2022 408-786-8664 / Jessica Javier $38.06 9915014797-139 09/04/2022 408-790-7036 / Pete Coglianese $24.03 9915014797-140 09/04/2022 408-790-7039 / Torin Scott $36.39 9915014797-141 09/04/2022 408-790-7045 / Rei Delgado $23.80 9915014797-142 09/04/2022 408-828-9819 / Kerri Heusler $34.35 9915014797-143 09/04/2022 408-841-6612 / T. Internet Emergncyvan $38.01 9915014797-144 09/04/2022 408-857-2355 / Alex Corbalis Travel Agent $25.39 9915014797-145 09/04/2022 408-891-9008 / Park Ranger Corridor $27.04 9915014797-146 09/04/2022 408-891-9503 / Rachelle Sander $25.69 9915014797-147 09/04/2022 408-892-1486 / Iqraam Nabi $51.59 9915014797-148 09/04/2022 408-892-5553 / Albert Salvador $38.01 9915014797-149 09/04/2022 415-425-6339 / Kirsten Squarcia $39.60 9915014797-150 09/04/2022 650-480-0930 / Alex Greer $31.88 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$4,429.12
230 - Env Mgmt Cln Crk Strm Drain 230 100-100 (Cash & Investments Assets Operating Cash)
$89.76
265 - BMR Housing 265 100-100 (Cash & Investments Assets Operating Cash)
$38.01
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$393.68
520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash)
$218.52
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$120.02
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$1,441.18
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$76.02
731131 09/23/2022 Open Accounts Payable CHEN, ETHAN $18,000.00 Invoice Date Description Amount
265982 09/19/2022 10047 Crescent Road, 100% L&M, 265982 $18,000.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$18,000.00
user: Vi Tran Pages: 8 of 17 Monday, September 26, 2022 Payment Register
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
731132 09/23/2022 Open Accounts Payable LEMARTEC CORPORATION $10,000.00 Invoice Date Description Amount
313022 09/20/2022 REFUND 1 INFINITE LOOP BLD-2021-2245 TCO BOND
$10,000.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$10,000.00
731133 09/23/2022 Open Accounts Payable MALIK, AFZAL $17,300.00 Invoice Date Description Amount
269704 09/19/2022 22545 Poppy Dr, 100% L&M Bond, 269704 $17,300.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$17,300.00
731134 09/23/2022 Open Accounts Payable Vua Kho Bo Inc $404.12 Invoice Date Description Amount
VKBI051322 05/13/2022 The applicant has a valid license already, cancelled both applic
$404.12
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$404.12
731135 09/23/2022 Open Accounts Payable DIEGO RODRIGUEZ $142.25 Invoice Date Description Amount
DiegoR050222 05/02/2022 Trees/ROW - Travel 2022 Western Chap ISA Conf & Trade Show
$142.25
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$142.25
731136 09/23/2022 Open Accounts Payable FHDA CCD EUPHRAT MUSEUM DE

ANZA COLLEGE
$1,776.00
Invoice Date Description Amount
EuphratW2022 03/29/2022 Euphrat - Winter 2022 $1,776.00 Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$1,776.00
731137 09/23/2022 Open Accounts Payable Tammie Pereira Insurance Services, Inc.
$428.00
Invoice Date Description Amount
2001363.030 08/01/2019 QCC- 7.31.19- Cupertino Room rental 7.18.19 $428.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$428.00
Type Check Totals: 37 Transactions $201,820.59
EFT
35265 09/19/2022 Open Accounts Payable USPS - EFT ONLY $4,084.85 Invoice Date Description Amount
503602677 09/19/2022 PW City Hall - Mailer for Memorial Park Specific Plan $4,084.85 Paying Fund Cash Account Amount
user: Vi Tran Pages: 9 of 17 Monday, September 26, 2022 Payment Register
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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)
$4,084.85
35266 09/19/2022 Open Accounts Payable EMPLOYMENT DEVEL DEPT $49,899.29 Invoice Date Description Amount
09092022-2 09/09/2022 CA State Tax pp 8/27/22-9/9/22 $49,899.29 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$49,899.29
35267 09/19/2022 Open Accounts Payable IRS $162,634.43
Invoice Date Description Amount
09092022-2 09/09/2022 Federal Tax pp 8/27/22-9/9/22 $162,634.43 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$162,634.43
35268 09/22/2022 Open Accounts Payable P E R S $179,925.66 Invoice Date Description Amount
09092022 09/09/2022 PERS pp 8/27/22-9/9/22 $179,925.66
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$179,925.66
35269 09/23/2022 Open Accounts Payable Active Network, LLC $15,000.00 Invoice Date Description Amount
4100175117 09/13/2022 ACTIVENet Hub - Advanced: 10/01/2022 -- 09/30/2023:
$15,000.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$15,000.00
35270 09/23/2022 Open Accounts Payable Advanced Systems Group LLC $1,077.00 Invoice Date Description Amount
9671 09/19/2022 Tiger Annual Renewal Maintenance 7/15/2022 - 7/14/2023
$1,077.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,077.00
35271 09/23/2022 Open Accounts Payable ALBERT SALVADOR $1,125.22 Invoice Date Description Amount
AlbertS09192022 09/19/2022 Reimbursement for ICC Conference $1,125.22 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,125.22
35272 09/23/2022 Open Accounts Payable Alliant Insurance Services, Inc. $675.00 Invoice Date Description Amount
2082784 09/16/2022 Insurance Premium for Volunteer Fair 2022 $675.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$675.00
user: Vi Tran Pages: 10 of 17 Monday, September 26, 2022 Payment Register
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
35273 09/23/2022 Open Accounts Payable Amazon Capital Services $138.49 Invoice Date Description Amount
1WG6-WR97-HQND 09/19/2022 SVC Server Power Cable - Tripp Lite Basic PDU, 30A, 20 Outlets (
$271.37
1X1L-M6XM-7VFX 09/20/2022 Credit memo for invoice 1QD4-9PT6-9Q7F - UPS Battery replacement
($101.48)
1RRH-KFTX-QR17 09/03/2022 Credit memo for invoice 19WQ-TQGN-QG7H Laptop Bag -
($31.40)
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$138.49
35274 09/23/2022 Open Accounts Payable ANDERSON'S TREE CARE

SPECIALISTS, INC
$13,040.00
Invoice Date Description Amount
15939 08/30/2022 Grounds: Tree Work Stocklmeir, Monta Vista, Cyn Oak $5,600.00 16138 08/30/2022 Trees: 1362 & 1358 S Stelling Rd, $7,440.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$13,040.00
35275 09/23/2022 Open Accounts Payable Ayano Hattori $477.39 Invoice Date Description Amount
AyanoH08312022 08/31/2022 Travel Reimbursement for APWA Convention in NC $477.39 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$477.39
35276 09/23/2022 Open Accounts Payable BAY AREA PRINTER AND DATA

SERVICES
$403.54
Invoice Date Description Amount
371047 09/20/2022 Printer supplies - Black , Yellow, Magenta & Cyan ink $403.54 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$403.54
35277 09/23/2022 Open Accounts Payable California Product Stewardship Council
$3,000.00
Invoice Date Description Amount
FY23-068-AF 07/05/2022 2022-2023 CPSC Associate Fees $3,000.00 Paying Fund Cash Account Amount
520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash)
$3,000.00
35278 09/23/2022 Open Accounts Payable CoreLogic Solutions, LLC. $1,894.12 Invoice Date Description Amount
30621139 07/31/2022 RQ2 Flat Fee Limited Package 01-JUL-2022 to 31- JUL-2022
$953.81
30626335 08/31/2022 RQ2 Flat Fee Limited Package 01-AUG-2022 to 31- AUG-2022
$940.31
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$1,894.12
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Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
35279 09/23/2022 Open Accounts Payable CSG Consultants, Inc. $4,812.50 Invoice Date Description Amount
B221549 09/01/2022 Building Plan Review Services 8/1/2022 - 8/31/2022 $4,812.50 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$4,812.50
35280 09/23/2022 Open Accounts Payable Cupertino Supply, Inc $777.78 Invoice Date Description Amount
300943 09/15/2022 Grounds - Red Hot Blue Glue, Wrench, Push Button Valve, Lube,
$762.61
300780 09/14/2022 Facilities - Galv Nipple, Brass FIP W/V Conn $15.17 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$777.78
35281 09/23/2022 Open Accounts Payable Darcy Paul $121.11 Invoice Date Description Amount
090922 09/09/2022 Mayor Paul Reimbursement League of California Annual Conference
$121.11
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$121.11
35282 09/23/2022 Open Accounts Payable Dasher Technologies, Inc. $3,368.75 Invoice Date Description Amount
PSI-DSH01724 09/18/2022 13.75 Hours of Consulting services $3,368.75 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$3,368.75
35283 09/23/2022 Open Accounts Payable David Stillman $556.96 Invoice Date Description Amount
DavidS09102022 09/10/2022 Travel Reimbursement for NACTO in Boston MA $556.96 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$556.96
35284 09/23/2022 Open Accounts Payable DOGGIE WALK BAGS INC $5,150.25 Invoice Date Description Amount
0102281-IN 08/29/2022 Grounds - Doggie Bags $5,150.25
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$5,150.25
35285 09/23/2022 Open Accounts Payable EPAC TECHNOLOGIES, INC. $417.50 Invoice Date Description Amount
E351354 09/16/2022 Office Supplies - Envelopes with Logo $417.50 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$417.50
35286 09/23/2022 Open Accounts Payable Evelyn Moran $369.55 Invoice Date Description Amount
EvelynM08312022 08/31/2022 Travel Reimbursement for APWA Convention in NC $369.55 user: Vi Tran Pages: 12 of 17 Monday, September 26, 2022 Payment Register
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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)
$369.55
35287 09/23/2022 Open Accounts Payable Ewing Irrigation Products Inc. $1,442.03 Invoice Date Description Amount
17744336 09/07/2022 Grounds - Cement w/Brush, Flange Slip, Primer $148.34 17738262 09/06/2022 Grounds - Quik Athletic Marking Chalk $186.70 17797485 09/14/2022 Grounds - 10in and 12in Green Box Lid, 3/4x12 PVC $974.63 17786249 09/13/2022 Grounds - 3/4 L/P Slip Fix Repair Coup $132.36 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,442.03
35288 09/23/2022 Open Accounts Payable FolgerGraphics $3,269.53 Invoice Date Description Amount
133399 09/14/2022 PW City Hall - Memorial Park Specific Plan $2,987.84 133366 09/12/2022 Coastal Cleanup Day 2022 advisement letter $281.69 Paying Fund Cash Account Amount
230 - Env Mgmt Cln Crk Strm Drain 230 100-100 (Cash & Investments Assets Operating Cash)
$281.69
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$2,987.84
35289 09/23/2022 Open Accounts Payable GOVERNMENTJOBS.COM,INC. $16,428.50 Invoice Date Description Amount
INV-28160 08/21/2022 FY23 Governmentjobs.com, Insight, & Onboard 9/19/22-9/20/23
$16,428.50
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$16,428.50
35290 09/23/2022 Open Accounts Payable Granite Rock Company $294,220.34 Invoice Date Description Amount
1000752 08/25/2022 Memorial Park Cupertino through 08252022 $294,220.34 Paying Fund Cash Account Amount
280 - Park Dedication 280 100-100 (Cash & Investments Assets Operating Cash)
$294,220.34
35291 09/23/2022 Open Accounts Payable HUNG WEI $62.06
Invoice Date Description Amount
090722 09/07/2022 Transportation Reimbursement Conference $62.06 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$62.06
35292 09/23/2022 Open Accounts Payable Imperial Sprinkler Supply. Inc $53.02 Invoice Date Description Amount
5276835-00 09/09/2022 Grounds - Hunter MP Rotator 90-210 DEG Blue, Sprinkler Cap
$53.02
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$53.02
user: Vi Tran Pages: 13 of 17 Monday, September 26, 2022 Payment Register
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
35293 09/23/2022 Open Accounts Payable JACKSON & HERTOGS LLP $1,140.00 Invoice Date Description Amount
129269 09/14/2022 Leung Petition TN $1,140.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,140.00
35294 09/23/2022 Open Accounts Payable JAM Services, Inc $10,857.94 Invoice Date Description Amount
160199 08/11/2022 PW City Hall Transportation - T Rod Framework, etc. $10,857.94 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$10,857.94
35295 09/23/2022 Open Accounts Payable JARVIS, FAY & GIBSON, LLP $1,116.00 Invoice Date Description Amount
16924 08/31/2022 Legal Services, August 2022 $1,116.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,116.00
35296 09/23/2022 Open Accounts Payable JINDY GARFIAS $55.00 Invoice Date Description Amount
JindyG081122 08/11/2022 Cell Phone Reimbursement - Jindy G 7-12-22 to 8-11- 22 $55.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$55.00
35297 09/23/2022 Open Accounts Payable KIMBALL-MIDWEST $458.88 Invoice Date Description Amount
100292257 09/14/2022 Fleet - Cryo-N MNT Drill $458.88
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$458.88
35298 09/23/2022 Open Accounts Payable Matt Morley $449.81 Invoice Date Description Amount
MattM08312022 08/31/2022 Travel Reimbursement for APWA in Charlotte NC $449.81 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$449.81
35299 09/23/2022 Open Accounts Payable Moore Lacofano Goltsman, Inc. $5,052.00 Invoice Date Description Amount
0077007 09/16/2022 Jollyman Park All-Inclusive through 080122-083122 $5,052.00 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$5,052.00
35300 09/23/2022 Open Accounts Payable ODP Business Solutions, LLC $73.13 Invoice Date Description Amount
263102118001 08/26/2022 Creamer for CH downstairs kitchen $42.06 265151036001 09/07/2022 Service Center - Label, Silver Sharpie $31.07 Paying Fund Cash Account Amount
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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)
$73.13
35301 09/23/2022 Open Accounts Payable PIU GHOSH $603.00 Invoice Date Description Amount
PiuG072922 07/29/2022 Reimbursement - APA Membership renewal $603.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$603.00
35302 09/23/2022 Open Accounts Payable PlaceWorks $6,502.50 Invoice Date Description Amount
79124 07/31/2022 19191 Vallco Parkway Environmental Review 2022/07 $1,331.10 79122 07/31/2022 10046 Bianchi Way CEQA Review 2022/7 $5,171.40 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$6,502.50
35303 09/23/2022 Open Accounts Payable PLAN JPA $2,709.52 Invoice Date Description Amount
PLAN-2023-0048 09/14/2022 General Liability Claims - August 2022 $2,709.52 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,709.52
35304 09/23/2022 Open Accounts Payable PlanIT Geo, Inc $8,000.00 Invoice Date Description Amount
1763 09/17/2022 FY23 Tree Plotter & Canopy Planner $8,000.00 Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$8,000.00
35305 09/23/2022 Open Accounts Payable RANEY PLANNING & MANAGEMENT, INC.
$740.49
Invoice Date Description Amount
2198E-10 09/15/2022 20860 McClellan Road Environmental Review 2022/08 $740.49 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$740.49
35306 09/23/2022 Open Accounts Payable RideAmigos $18,000.00 Invoice Date Description Amount
02684 09/15/2022 FY23 Commuter Management Platform $18,000.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$18,000.00
35307 09/23/2022 Reconciled Duplicate Payment 09/26/2022 Accounts Payable Rise Housing Solutions, Inc $29,939.50 Invoice Date Description Amount
Cupertino-015 07/31/2022 BMR Program Administrator 2022/07 $18,597.00 Cupertino-016 08/31/2022 BMR Program Administrator 2022/08 $11,342.50 Paying Fund Cash Account Amount
265 - BMR Housing 265 100-100 (Cash & Investments Assets Operating Cash)
$29,939.50
user: Vi Tran Pages: 15 of 17 Monday, September 26, 2022 Payment Register
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
35308 09/23/2022 Open Accounts Payable SABRE BACKFLOW LLC $142.82 Invoice Date Description Amount
3012 08/31/2022 Grounds - Calibration, Valve Bonnet, Valve Seat, Cleaned Filters
$142.82
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$142.82
35309 09/23/2022 Open Accounts Payable SCA of CA, LLC $17,381.62 Invoice Date Description Amount
103922CS 08/31/2022 Street Sweeping August 2022 $17,381.62 Paying Fund Cash Account Amount
230 - Env Mgmt Cln Crk Strm Drain 230 100-100 (Cash & Investments Assets Operating Cash)
$8,690.81
520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash)
$8,690.81
35310 09/23/2022 Open Accounts Payable SERVICE STATION SYSTEMS, INC. $697.00 Invoice Date Description Amount
2149439 08/31/2022 Streets - PM Testing $697.00
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$697.00
35311 09/23/2022 Open Accounts Payable SHUTE, MIHALY & WEINBERGER LLP
$3,035.26
Invoice Date Description Amount
278446 09/15/2022 Legal Services, August 2022 $1,019.41 278377 09/14/2022 Legal Services, August 2022 $2,015.85 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,035.26
35312 09/23/2022 Open Accounts Payable SMART & FINAL $84.97 Invoice Date Description Amount
4331400003901 07/19/2022 Summer 2022 Camp Supplies $84.97 Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$84.97
35313 09/23/2022 Open Accounts Payable The Home Depot Pro $1,625.65 Invoice Date Description Amount
707278149 09/16/2022 Facilities - Park Bathroom Supplies $1,625.65 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,625.65
35314 09/23/2022 Open Accounts Payable WEST COAST ARBORISTS, INC. $3,360.00 Invoice Date Description Amount
189557 08/04/2022 The Rise at Vallco Arborist Review 2022/08 $3,360.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,360.00
Type EFT Totals: 50 Transactions $876,449.96
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Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
Main Account - Main Checking Account Totals
Checks Status Count Transaction Amount Reconciled Amount Open 37 $201,820.59 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 37 $201,820.59 $0.00
EFTs Status Count Transaction Amount Reconciled Amount
Open 49 $846,510.46 $0.00
Reconciled 1 $29,939.50 $0.00
Voided 0 $0.00 $0.00
Total 50 $876,449.96 $0.00
All Status Count Transaction Amount Reconciled Amount
Open 86 $1,048,331.05 $0.00
Reconciled 1 $29,939.50 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 87 $1,078,270.55 $0.00
Grand Totals:

Checks Status Count Transaction Amount Reconciled Amount Open 37 $201,820.59 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 37 $201,820.59 $0.00
EFTs Status Count Transaction Amount Reconciled Amount
Open 49 $846,510.46 $0.00
Reconciled 1 $29,939.50 $0.00
Voided 0 $0.00 $0.00
Total 50 $876,449.96 $0.00
All Status Count Transaction Amount Reconciled Amount
Open 86 $1,048,331.05 $0.00
Reconciled 1 $29,939.50 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 87 $1,078,270.55 $0.00
user: Vi Tran Pages: 17 of 17 Monday, September 26, 2022 Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 9/17/2022 - To Payment Date: 9/23/2022 148
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148 of 650
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 OCTOBER 2, 2022
WHEREAS, the Director of Administrative Services or their 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 15
th day of November, 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
149
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149 of 650
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
150
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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
731138 09/30/2022 Open Accounts Payable ABOLI JAYDEEP RANADE $234.00 Invoice Date Description Amount
092722 AJR 09/27/2022 September fitness classes $234.00 Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$234.00
731139 09/30/2022 Open Accounts Payable Advantage Grafix $213.89 Invoice Date Description Amount
46873 08/26/2022 Business Cards - Alex Greer & Kimberlin Leung $213.89 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$213.89
731140 09/30/2022 Open Accounts Payable ALHAMBRA $31.89 Invoice Date Description Amount
4984902 090322 09/03/2022 BOTTOM LOAD HOT AND COLD COOLER WITH

SMARTFLO
$31.89
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$31.89
731141 09/30/2022 Open Accounts Payable Anagha Kulkarni $105.00 Invoice Date Description Amount
092722 AK 09/27/2022 September fitness classes $105.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$105.00
731142 09/30/2022 Open Accounts Payable AT&T $8,086.90
Invoice Date Description Amount
000018756306 09/12/2022 911 Emergency Phone Lines - 08/12/2022 - 09/11/2022
$182.34
000018755300-0 09/12/2022 City Clerk $27.71
000018755300-1 09/12/2022 4082558166 - Service Center Admin $27.49 000018755300-2 09/12/2022 City Hall $1,565.60
000018755300-3 09/12/2022 Service Center $110.38
000018755300-4 09/12/2022 Wilson Park $27.48
000018755300-5 09/12/2022 Street Maintenance $27.81
000018755300-6 09/12/2022 Monte Vista - 0720858144 $563.59 000018755300-7 09/12/2022 BBF Golf - 0720858146 $459.44 000018755300-8 09/12/2022 BBF Park $459.44
000018755300-9 09/12/2022 0720858349 - 10229 North Portal Avenue $459.44 000018755300-10 09/12/2022 Teleconnect: BTN0720858350 $459.44 000018755300-11 09/12/2022 720858352 $563.59
000018755300-12 09/12/2022 Teleconnect: BTN0722762181 $563.59 000018755300-13 09/12/2022 2343448559 $1,887.96
000018756268-0 09/12/2022 4087771305 | | 10185 N STELLING RD - Secure FAX $16.35 000018756268-1 09/12/2022 4087771306 | | 10185 N STELLING RD - Sheriff $16.55 000018756268-2 09/12/2022 4087771307 | | 10185 N STELLING RD - Sheriff $16.55 user: Vi Tran Pages: 1 of 16 Monday, October 03, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 151
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151 of 650
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
000018756268-3 09/12/2022 4087771311 | | 22221 MC CLELLAN RD - Environmental Education Cen
$21.62
000018756268-4 09/12/2022 4087771318 | | 10555 MARY AV - Traffic Operating Center on Franc
$32.55
000018756268-5 09/12/2022 4087771331 | | 21975 SAN FERNANDO AV - BBFKiosk Alarm$17.05 000018756268-6 09/12/2022 4087771340 | | 10555 MARY AV - Alarm- Service Center
$16.67
000018756268-7 09/12/2022 4087771344 | | 21251 STEVENS CREEK BL - SEN - FAX
$16.55
000018756268-8 09/12/2022 4087771345 - CH- PG&E Meter $16.70 000018756268-9 09/12/2022 4087771346 | | 21111 STEVENS CREEK BL - SPORTS Center - HVAC Lin
$16.70
000018756268-10 09/12/2022 4087771348 | | 10555 MARY AV - Alarm- Service Center
$17.93
000018756268-11 09/12/2022 4087771355 | | 10555 MARY AV - Mechanic Shop FAX
$16.55
000018756268-12 09/12/2022 4087773102 | | 10185 N STELLING RD - Museum/Spare
$16.55
000018756268-13 09/12/2022 4087773103 | | 10185 N STELLING RD - Museum/Spare
$16.55
000018756268-14 09/12/2022 4087773109 - FAX $16.55
000018756268-15 09/12/2022 4087773112 | | 21111 STEVENS CREEK BL - SPORTS- Fire Alarm
$18.18
000018756268-16 09/12/2022 4087773113 | | 21111 STEVENS CREEK BL - SPORTS- Fire Alarm
$16.80
000018756268-17 09/12/2022 4087773137 | | 10185 N STELLING RD - FAX QCC $16.55 000018756268-18 09/12/2022 4087773143 | | 21975 SAN FERNANDO AV - BBF - Retreat Alarm
$17.38
000018756268-19 09/12/2022 4087773145 | | 21975 SAN FERNANDO AV - BBFAlarm Golf Shed$16.70 000018756268-20 09/12/2022 4087773156 | | 21251 STEVENS CREEK BL - SENFAX Work Room$16.55 000018756268-21 09/12/2022 4087773164 | | 21111 STEVENS CREEK BL - Sports Fax
$16.70
000018756268-22 09/12/2022 4087773168 | | 21111 STEVENS CREEK BL - Sports Center Elevator
$16.70
000018756268-23 09/12/2022 4087773254 | | 21975 SAN FERNANDO AV - BBF - Golf Shed
$21.64
000018756268-24 09/12/2022 4087773258 | | 21975 SAN FERNANDO AV - BBF- $ODUP&DIp
$16.55
000018756268-25 09/12/2022 4087773287 - Comm Hall - Alarm $17.62 000018756268-26 09/12/2022 4087773288 - Comm Hall - Fire Alarm $17.05 000018756268-27 09/12/2022 4087773293 - Comm Hall - Fire Alarm $16.55 000018756268-28 09/12/2022 4087773302 | | 21251 STEVENS CREEK BL - SENCredit Card Front D$16.55 000018756268-29 09/12/2022 4087773305 | | 21251 STEVENS CREEK BL - SENCredit Card Front D$16.55 000018756268-30 09/12/2022 4087773317 - CH- Finance CC VISA $16.70 000018756268-31 09/12/2022 4087773333 - CH- FAX downstairs $16.72 000018756268-32 09/12/2022 4087773365 | | 21251 STEVENS CREEK BL - RNA FAX
$16.55
user: Vi Tran Pages: 2 of 16 Monday, October 03, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 152
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152 of 650
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
000018756268-33 09/12/2022 4087773369 | | 21251 STEVENS CREEK BL - SENAlarm Line$18.01 000018756268-34 09/12/2022 4087773370 | | 21251 STEVENS CREEK BL - SENAlarm Line$16.78 000018756268-35 09/12/2022 4087773372 | | 21251 STEVENS CREEK BL - Trane Modem (HVAC)
$16.55
000018756268-36 09/12/2022 4087773387 | | 10555 MARY AV - FAX or Alarm $16.55 000018756268-37 09/12/2022 4087773388 | | 10555 MARY AV - FAX or Alarm $16.55 000018756268-38 09/12/2022 4087773399 | | 10555 MARY AV - FAX $16.75 000018756268-39 09/12/2022 4087773401 | | 20410 TOWN CENTER LN - FAX number at City Attorne
($12.15)
000018756268-40 09/12/2022 4087773416 | | 21251 STEVENS CREEK BL - SENCr Card$16.55 000018756268-41 09/12/2022 4087773419 | | 21251 STEVENS CREEK BL - SENCr Card$16.55 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,867.65
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$85.08
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$5,117.62
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$16.55
731143 09/30/2022 Open Accounts Payable BURR PLUMBING AND PUMPING INC
$8,893.29
Invoice Date Description Amount
111854 09/14/2022 Install 2 new propress isolation valves at Memorial Park
$933.29
111852 09/14/2022 Facilities - Memorial Park Tennis Ct Restrooms $7,960.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$8,893.29
731144 09/30/2022 Open Accounts Payable CINTAS CORP $1,128.10 Invoice Date Description Amount
4131920631 09/20/2022 UNIFORMS SAFETY APPAREL $1,128.10 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,128.10
731145 09/30/2022 Open Accounts Payable COUNTY OF SANTA CLARA $1,394,634.09 Invoice Date Description Amount
1800082732 09/01/2022 Advance for Law Enforcement Svs SEP22 $1,379,849.83 1800082833 09/12/2022 Other Supp Law Enforcement Svcs - Dilli Haat Festival $4,085.60 1800082832 09/12/2022 Other Supp Law Enforcement Svcs - Apple Special Event
$10,698.66
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,394,634.09
user: Vi Tran Pages: 3 of 16 Monday, October 03, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 153
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153 of 650
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
731146 09/30/2022 Open Accounts Payable DONE RIGHT, INC. $10,175.00 Invoice Date Description Amount
7014 07/30/2022 Facilities - City Hall Dryrot on Beams $1,850.00 7026 09/07/2022 Facilities - City Hall Rem Facia Board on Westside Install New
$8,325.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$10,175.00
731147 09/30/2022 Open Accounts Payable EMC Planning Group, Inc. $96,289.83 Invoice Date Description Amount
22-293 05/31/2022 Housing Element Update 2023-31 Consultant 2022/05 (GP-090)
$26,952.19
22-349 06/30/2022 Housing Element Update 2023-31 Consultant 2022/06 (GP-090)
$34,341.11
22-402 07/31/2022 Housing Element Update 2023-31 Consultant 2022/07 (GP-090)
$30,636.76
22-278 05/31/2022 Housing & Safety Elements EIR 2022/05 (ENV-812) $1,616.25 22-332 06/30/2022 Housing & Safety Elements EIR 2022/06 (ENV-812) $2,743.52 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$96,289.83
731148 09/30/2022 Open Accounts Payable HUICHEN LIN $546.00 Invoice Date Description Amount
092722 HL 09/27/2022 September fitness classes $546.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$546.00
731149 09/30/2022 Open Accounts Payable Lori Baumgartner $186.60 Invoice Date Description Amount
LoriB09282022 09/28/2022 CRRA Conference 9.6.22-9.9.22- travel reimbursements
$186.60
Paying Fund Cash Account Amount
520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash)
$186.60
731150 09/30/2022 Open Accounts Payable Mood Media $108.90 Invoice Date Description Amount
57016111 09/01/2022 MOOD MEDIA Recurring Services from 01-SEP-22 to 30-SEP-22
$108.90
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$108.90
731151 09/30/2022 Open Accounts Payable Operating Engineers Local Union No. 3 $1,515.08
Invoice Date Description Amount
09232022 09/23/2022 Union Dues pp 9/10/22-9/23/22 $1,515.08 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,515.08
user: Vi Tran Pages: 4 of 16 Monday, October 03, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 154
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154 of 650
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
731152 09/30/2022 Open Accounts Payable ORLANDI TRAILER $26.53 Invoice Date Description Amount
210963 09/15/2022 Facilities - Pin Lynch $26.53
Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$26.53
731153 09/30/2022 Open Accounts Payable PACE Supply Corp $67.99 Invoice Date Description Amount
168042499 09/21/2022 Grounds: school site supplies $67.99 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$67.99
731154 09/30/2022 Open Accounts Payable PG&E $20,401.05 Invoice Date Description Amount
1715-092122 09/21/2022 4993063171-5 8/17/22-9/15/22 $20,401.05 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$20,401.05
731155 09/30/2022 Open Accounts Payable PG&E $33,373.63 Invoice Date Description Amount
5875-092122 09/21/2022 2012160587-5 8/19/22-9/20/22 $20.21 3296-083022 08/30/2022 5116972329-6 7/25/22-8/23/22 $33,353.42 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$33,373.63
731156 09/30/2022 Open Accounts Payable PRN Ergonomic Services $200.00 Invoice Date Description Amount
2118 08/31/2022 HR: Ergo Eval for Nathan V. $200.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$200.00
731157 09/30/2022 Open Accounts Payable SAN JOSE WATER COMPANY $1,285.66 Invoice Date Description Amount
0645365732-9 822 08/23/2022 Trees & ROW Portable Meter 8/23/22 $473.53 Import - 898408 09/12/2022 1393820000-6 CL - Irrig SC/Stelling LS (Stev Crk Blvd) $194.18 Import - 898409 09/12/2022 3296700000-4 CL - Irrig SC/Stelling LS (Stev Crk Blvd) $188.74 0645365732-9 922 09/21/2022 Trees & ROW Portable Meter 9/21/22 $429.21 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,285.66
731158 09/30/2022 Open Accounts Payable SAN JOSE WATER COMPANY $824,636.03 Invoice Date Description Amount
063022 09/07/2022 Water System Upgrades $698,363.93
052022 07/15/2022 Water System Upgrades $126,272.10
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$824,636.03
user: Vi Tran Pages: 5 of 16 Monday, October 03, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 155
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155 of 650
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
731159 09/30/2022 Open Accounts Payable SONIA DOGRA $156.00 Invoice Date Description Amount
092722 SD 09/27/2022 September fitness classes $156.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$156.00
731160 09/30/2022 Open Accounts Payable TERRACON CONSULTANTS, INC $18,000.00 Invoice Date Description Amount
TG52451 03/26/2022 Blackberry Farm Aquatic Center through 120521- 032622
$6,000.00
TG67399 04/25/2022 Blackberry Farm Aquatic Center through 032722- 042322
$2,400.00
TG71416 05/06/2022 Blackberry Farm Aquatic Center through 042422- 050722
$9,600.00
Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$18,000.00
731161 09/30/2022 Open Accounts Payable United Site Services $773.83 Invoice Date Description Amount
INV-01032895 09/26/2022 Trees/ROW - SWP 9-26-22 to 10-23-22 $492.78 114-13372649 09/27/2022 portable toilet at compost site September-October 2022
$281.05
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$492.78
520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash)
$281.05
731162 09/30/2022 Open Accounts Payable Forester, Stephen $28.75 Invoice Date Description Amount
2006546.030 09/23/2022 QCC course #18233, 1 day refund for 9/22/22 $28.75 Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$28.75
731163 09/30/2022 Open Accounts Payable SUNRUN $190.20
Invoice Date Description Amount
313033 09/27/2022 REFUND 10151 DEEPROSE PL BLD-2022-1362

WITHDRAWN
$190.20
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$190.20
731164 09/30/2022 Open Accounts Payable THE FORUM AT RANCHO SAN

ANTONIO
$10,000.00
Invoice Date Description Amount
310319 09/28/2022 REFUND 23650 VIA ESPLENDOR B-2018-1974 TCO BOND
$10,000.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$10,000.00
user: Vi Tran Pages: 6 of 16 Monday, October 03, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 156
CC 11-15-2022
156 of 650
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
731165 09/30/2022 Open Accounts Payable Tsui, Miriam $76.00 Invoice Date Description Amount
2001619.032 09/13/2022 Iphone Intermediate Class Didn't Meet Prerequisite $76.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$76.00
731166 09/30/2022 Open Accounts Payable Yamashita, Annie $500.00 Invoice Date Description Amount
2006529.030 09/20/2022 QCC- 10.30.22- Cupertino Room Security Deposit Refund
$500.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$500.00
731167 09/30/2022 Open Accounts Payable Melisa Stoner $135.00 Invoice Date Description Amount
092722 MS 09/27/2022 September fitness classes $135.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$135.00
Type Check Totals: 30 Transactions $2,431,999.24
EFT
35315 09/26/2022 Open Accounts Payable USPS - EFT ONLY $4,084.85 Invoice Date Description Amount
504180800 09/16/2022 CUPERTINO SCENE INC $4,084.85
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$4,084.85
35316 09/30/2022 Open Accounts Payable Colonial Life & Accident Insurance $29.16 Invoice Date Description Amount
09232022 09/23/2022 Colonial Products pp 9/10/22-9/23/22 $29.16 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$29.16
35317 09/30/2022 Open Accounts Payable Employment Development $8,654.75 Invoice Date Description Amount
09232022 09/23/2022 State Disability Insurance pp 9/10/22-9/23/22 $8,654.75 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$8,654.75
35318 09/30/2022 Open Accounts Payable National Deferred (ROTH) $2,790.66 Invoice Date Description Amount
09232022 09/23/2022 Nationwide Roth pp 9/10/22-9/23/22 $2,790.66 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,790.66
user: Vi Tran Pages: 7 of 16 Monday, October 03, 2022
Payment Register
**LIVE** Cupertino **LIVE**
From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 157
CC 11-15-2022
157 of 650
Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
35319 09/30/2022 Open Accounts Payable National Deferred Compensatin $25,755.57 Invoice Date Description Amount
09232022 09/23/2022 Nationwide Deferred Compensation pp 9/10/22- 9/23/22
$25,755.57
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$25,755.57
35320 09/30/2022 Open Accounts Payable PERS-457K $14,358.15 Invoice Date Description Amount
09232022 09/23/2022 PERS Deferred Comp pp 9/10/22-9/23/22 $14,358.15 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$14,358.15
35321 09/30/2022 Open Accounts Payable State Disbursement Unit $231.23 Invoice Date Description Amount
09232022 09/23/2022 Child Support pp 9/10/22-9/23/22 $231.23 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$231.23
35322 09/30/2022 Open Accounts Payable 4LEAF, Inc. $36,603.51 Invoice Date Description Amount
J3872-01D 09/16/2022 Orange Ave. Sidewalk Improvements through 080122- 083122
$36,603.51
Paying Fund Cash Account Amount
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$36,603.51
35323 09/30/2022 Open Accounts Payable Alliant Insurance Services, Inc. $657.00 Invoice Date Description Amount
2092962 09/28/2022 Insurance Premium for Wildlife and Harvest Day Festival 2022
$657.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$657.00
35324 09/30/2022 Open Accounts Payable Amit Goel $390.00 Invoice Date Description Amount
092722 AG 09/27/2022 September classes $390.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$390.00
35325 09/30/2022 Open Accounts Payable Bikeep Inc. $49.00 Invoice Date Description Amount
17874 09/30/2022 Bikeep monthly upkeep fee $49.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$49.00
35326 09/30/2022 Open Accounts Payable Boucher Law, PC $16,283.35 Invoice Date Description Amount
1147 09/21/2022 Labor & Employment Law Matters 6/1/22-6/30/22 $1,909.00 user: Vi Tran Pages: 8 of 16 Monday, October 03, 2022
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
1148 09/21/2022 Labor Negotiations (2022) 6/1/22-6/30/22 $14,374.35 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$16,283.35
35327 09/30/2022 Open Accounts Payable California Commercial Fence $40,331.23 Invoice Date Description Amount
2450 09/20/2022 City of Cupertino - Regnart Creek Trail $40,331.23 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$40,331.23
35328 09/30/2022 Open Accounts Payable Callander Associates Landscape Architecture
$939.00
Invoice Date Description Amount
21059-8 09/22/2022 Wilson Park Community Garden through 08312022 $939.00 Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$939.00
35329 09/30/2022 Open Accounts Payable CASCADIA CONSULTING GROUP, INC.
$14,126.25
Invoice Date Description Amount
9170 09/22/2022 Cupertino Parks Engagement 2022 through 072622- 082522
$14,126.25
Paying Fund Cash Account Amount
560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash)
$14,126.25
35330 09/30/2022 Open Accounts Payable CDW Government $6,015.92 Invoice Date Description Amount
BR82559 07/27/2022 5x HANWHA 2MP 3CH 30FPS MULTIDIRECT

CAMERAS
$6,015.92
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$6,015.92
35331 09/30/2022 Open Accounts Payable CHRIS CORRAO $562.13 Invoice Date Description Amount
ChrisC09102022 09/10/2022 Travel Reimbursement for NACTO in Boston MA $562.13 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$562.13
35332 09/30/2022 Open Accounts Payable CODELINKD, LLC $90.00 Invoice Date Description Amount
CODE_SUM2223_10% 09/13/2022 CODELINKD_SUMMER22-
23_PAYMENT1_ADJUSTEMENT 10%
$90.00
Paying Fund Cash Account Amount
580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash)
$90.00
35333 09/30/2022 Open Accounts Payable Community Health Charities HO $50.00 Invoice Date Description Amount
09232022 09/23/2022 Community Health Charities pp 9/10/22-9/23/22 $50.00 user: Vi Tran Pages: 9 of 16 Monday, October 03, 2022
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From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 159
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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)
$50.00
35334 09/30/2022 Open Accounts Payable EDGES ELECTRICAL GROUP $342.70 Invoice Date Description Amount
S5678096.001 09/26/2022 Streets - Wire, Auger BIT, Wrench $342.70 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$342.70
35335 09/30/2022 Open Accounts Payable Eflex Group, Inc $3,303.61 Invoice Date Description Amount
09232022 09/23/2022 FSA Employee Health pp 9/10/22-9/23/22 $3,303.61 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,303.61
35336 09/30/2022 Open Accounts Payable Ewing Irrigation Products Inc. $939.22 Invoice Date Description Amount
17839288 09/20/2022 Grounds - Backflow Device Blankets $883.23 17839313 09/20/2022 Grounds - 3/4 Dawn Kwikrepair Coup $55.99 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$939.22
35337 09/30/2022 Open Accounts Payable FolgerGraphics $3,391.60 Invoice Date Description Amount
133523 09/26/2022 Leaf Blower Postcard Printing $403.76 133493 09/23/2022 SB9 Community Meeting Postcard Printing $2,987.84 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$3,391.60
35338 09/30/2022 Open Accounts Payable GRACE DUVAL $264.00 Invoice Date Description Amount
092722 GD 09/27/2022 September fitness classes $264.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$264.00
35339 09/30/2022 Open Accounts Payable HMH Engineers $6,669.50 Invoice Date Description Amount
45312 09/06/2022 Orange Avenue Improvements through 08272022 $6,669.50 Paying Fund Cash Account Amount
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$6,669.50
35340 09/30/2022 Open Accounts Payable Homebase $923.82 Invoice Date Description Amount
02083 09/14/2022 CWP Homelessness Administrator 2022/08 $923.82 Paying Fund Cash Account Amount
265 - BMR Housing 265 100-100 (Cash & Investments Assets Operating Cash)
$923.82
user: Vi Tran Pages: 10 of 16 Monday, October 03, 2022
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From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 160
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
35341 09/30/2022 Open Accounts Payable ICMA Retirement Trust-457 $14,514.38 Invoice Date Description Amount
09232022 09/23/2022 ICMA Deferred Comp pp 9/10/22-9/23/22 $14,514.38 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$14,514.38
35342 09/30/2022 Open Accounts Payable ICONIX WATERWORKS (US) INC. $1,133.91 Invoice Date Description Amount
U2216042407 09/06/2022 Grounds - 2 Ring Non-Asbestors 1/16 Gasket $3.66 U2216045248 09/21/2022 Grounds - Plated Bolt Set Up, 4 Ring Non-Asbestos, Spool, FLG 90
$1,130.25
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,133.91
35343 09/30/2022 Open Accounts Payable IFPTE LOCAL 21 $2,114.08 Invoice Date Description Amount
09232022 09/23/2022 Association Dues - CEA pp 9/10/22-9/23/22 $2,114.08 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,114.08
35344 09/30/2022 Open Accounts Payable JAM Services, Inc $40,883.69 Invoice Date Description Amount
161218 09/14/2022 Streets - Valmont DS340 Pole $5,609.03 161219 09/14/2022 Streets: Cree LED Luminaire Light Fixtures Quote JEM072222F3
$35,274.66
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$40,883.69
35345 09/30/2022 Open Accounts Payable JAMES COLVIN $1,768.00 Invoice Date Description Amount
092722 JC 09/27/2022 PT for September $1,768.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$1,768.00
35346 09/30/2022 Open Accounts Payable JENNIFER HILL $287.00 Invoice Date Description Amount
092722 JH 09/27/2022 September fitness classes $287.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$287.00
35347 09/30/2022 Open Accounts Payable John Raaymakers $55.00 Invoice Date Description Amount
JohnR09192022 09/19/2022 Cell Phone Reimbursement through 09192022 $55.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$55.00
user: Vi Tran Pages: 11 of 16 Monday, October 03, 2022
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
35348 09/30/2022 Open Accounts Payable JULIA KINST $55.00 Invoice Date Description Amount
JuliaK09192022 09/19/2022 Cell Phone Reimbursement through 082022-091922 $55.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$55.00
35349 09/30/2022 Open Accounts Payable KEVIN RIEDEN $144.75 Invoice Date Description Amount
60143 07/15/2022 EnviroCert Certification Receipt Kevin R. $144.75 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$144.75
35350 09/30/2022 Open Accounts Payable KIMBERLY LUNT $39.34 Invoice Date Description Amount
KimL09122022 09/12/2022 Cell Phone Reimbursement through 081322-091222 $39.34 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$39.34
35351 09/30/2022 Open Accounts Payable Mesiti-Miller Engineering, Inc. $225.50 Invoice Date Description Amount
0722047 07/31/2022 Outdoor Basketball Court - Geotechnical Investigation 072522
$225.50
Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$225.50
35352 09/30/2022 Open Accounts Payable MONICA G. RANES-GOLDBERG $546.00 Invoice Date Description Amount
092722 MGRG 09/27/2022 September fitness classes $546.00 Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$546.00
35353 09/30/2022 Open Accounts Payable Moore Lacofano Goltsman, Inc. $19,331.48 Invoice Date Description Amount
0077015 09/16/2022 Lawrence-Mitty Park & Trail Master Plan through 080122-083122
$19,331.48
Paying Fund Cash Account Amount
280 - Park Dedication 280 100-100 (Cash & Investments Assets Operating Cash)
$19,331.48
35354 09/30/2022 Open Accounts Payable MOSS ADAMS LLP $8,100.00 Invoice Date Description Amount
102346091 09/21/2022 Ongoing Program Management services 8/1/22- 8/31/22
$1,400.00
102346090 09/21/2022 FWA Program Services 8/1/22-8/31/22 $6,700.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$8,100.00
user: Vi Tran Pages: 12 of 16 Monday, October 03, 2022
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
35355 09/30/2022 Open Accounts Payable Nicole Lee $281.80 Invoice Date Description Amount
NicoleL092822 09/28/2022 CRRA Conference 9.6.22-9.9.22- travel reimbursements
$281.80
Paying Fund Cash Account Amount
520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash)
$281.80
35356 09/30/2022 Open Accounts Payable ODP Business Solutions, LLC $550.41 Invoice Date Description Amount
263807841001 08/26/2022 Service Center Paper $88.38
264325362001 08/30/2022 service center kitchen supplies $126.18 259940968001 08/26/2022 Service Center office supplies $53.03 264326998001 08/30/2022 service center kitchen supplies $282.82 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$550.41
35357 09/30/2022 Open Accounts Payable PARS/City of Cupertino $2,959.44 Invoice Date Description Amount
09232022 09/23/2022 PARS Employee pp 9/10/22-9/23/22 $2,959.44 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,959.44
35358 09/30/2022 Open Accounts Payable PlaceWorks $27,803.74 Invoice Date Description Amount
79436 08/31/2022 10046 Bianchi Way CEQA Review 2022/8 $6,703.95 79435 08/31/2022 Marina Plaza Environmental Review 2022/8 $7,674.23 79471 08/31/2022 19191 Vallco Parkway Environmental Review 2022/08 $11,885.56 79480 08/31/2022 1655 S De Anza Blvd Environmental Review 2022/08 $1,540.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$27,803.74
35359 09/30/2022 Open Accounts Payable Professional Turf Management, Inc. $17,067.50 Invoice Date Description Amount
1247 09/20/2022 Golf course monthly maintenance fee - September 2022
$17,000.00
1248 09/23/2022 monthly gate service - September 2022 $67.50 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$67.50
560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash)
$17,000.00
35360 09/30/2022 Open Accounts Payable Quench USA, Inc. $251.78 Invoice Date Description Amount
INV04391213 10/01/2022 10981 Franco Ct address through 100122-113022 $82.61 INV04394657 10/01/2022 10300 Torre Avenue through 100122-113022 $169.17 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$251.78
user: Vi Tran Pages: 13 of 16 Monday, October 03, 2022
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
35361 09/30/2022 Open Accounts Payable R & R INDUSTRIES, INC. $7,129.98 Invoice Date Description Amount
627235 07/22/2022 OE3 Uniform Shirts (last FY but ship delays) $7,129.98 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$7,129.98
35362 09/30/2022 Open Accounts Payable Raychel Renee Balcioni Cruz $1,620.00 Invoice Date Description Amount
092722 RRBC 09/27/2022 September fitness classes $1,620.00 Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$1,620.00
35363 09/30/2022 Open Accounts Payable Rojin Karimzad $405.00 Invoice Date Description Amount
092722 RK 09/27/2022 September fitness classes $405.00
Paying Fund Cash Account Amount
570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash)
$405.00
35364 09/30/2022 Open Accounts Payable San Jose Conservation Corps & Charter School
$3,480.00
Invoice Date Description Amount
7773 08/31/2022 Compost Site Attendants- August 2022 $3,480.00 Paying Fund Cash Account Amount
520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash)
$3,480.00
35365 09/30/2022 Open Accounts Payable SHIFT KEY SOLUTIONS, INC $2,200.00 Invoice Date Description Amount
091922-01 09/27/2022 2 hour MS Excel Workshop Tuesday, September 27, 2022
$2,200.00
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$2,200.00
35366 09/30/2022 Open Accounts Payable Starbird Consulting LLC $2,258.58 Invoice Date Description Amount
0198 09/22/2022 Environmental Consulting Regnart Rd. Improvements through 083122
$1,209.40
0199 09/22/2022 Environ. Con. Svcs. McClellan Ranch West Parking Lot 08312022
$1,049.18
Paying Fund Cash Account Amount
420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash)
$2,258.58
35367 09/30/2022 Open Accounts Payable Statewide Traffic Safety & Signs Inc. $647.63 Invoice Date Description Amount
05038751 09/20/2022 Streets - Aquarphalt 4.0, Fix Swing, Adjustable Swing $647.63 Paying Fund Cash Account Amount
270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash)
$647.63
user: Vi Tran Pages: 14 of 16 Monday, October 03, 2022
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
35368 09/30/2022 Open Accounts Payable SUNNYVALE FORD $240.25 Invoice Date Description Amount
209903 09/16/2022 Fleet - Valve A1, Kit-S1, Radiator $240.25 Paying Fund Cash Account Amount
630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash)
$240.25
35369 09/30/2022 Open Accounts Payable SUNSTATE EQUIPMENT CO., LLC $1,201.67 Invoice Date Description Amount
11096578-001 09/19/2022 Trees/ROW - 6K Mini w/Thumb and 18" Tooth Bucket $934.86 11000094-002 08/10/2022 Trees/ROW - 8K Mini-Ex with 12" Bucket $266.81 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$1,201.67
35370 09/30/2022 Open Accounts Payable Superco Specialty Products $569.26 Invoice Date Description Amount
PSI465336 09/14/2022 Grounds: graffiti buster $569.26
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$569.26
35371 09/30/2022 Open Accounts Payable Sustainable Purchasing Leadership Council
$2,400.00
Invoice Date Description Amount
02919 07/26/2022 Invoice for SPLC Membership $2,400.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,400.00
35372 09/30/2022 Open Accounts Payable TJKM $10,110.00
Invoice Date Description Amount
0053186 08/31/2022 Cupertino Local Road Safety Plan through 080122- 083122
$10,110.00
Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$10,110.00
35373 09/30/2022 Open Accounts Payable Uniguest, Inc. $6,358.47 Invoice Date Description Amount
CB1082123 08/29/2022 1x Annual Support, License, & Warranty - Digital Sign 8/1/2022 t
$309.00
INV285125 08/29/2022 1x JANUS Multimedia Controller (JMC-10x), Touchscreen Mapping
$6,049.47
Paying Fund Cash Account Amount
610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash)
$6,358.47
35375 09/30/2022 Open Accounts Payable Arena Stuart Rentals Inc., $2,727.00 Invoice Date Description Amount
116169 09/23/2022 Tables and chairs rental for volunteer fair $2,727.00 Paying Fund Cash Account Amount
100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash)
$2,727.00
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Number Date Status Void Reason
Reconciled/
Voided Date Source Payee Name
Transaction
Amount
Reconciled
Amount Difference
Type EFT Totals: 60 Transactions $367,296.85
Main Account - Main Checking Account Totals
Checks Status Count Transaction Amount Reconciled Amount Open 30 $2,431,999.24 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 30 $2,431,999.24 $0.00
EFTs Status Count Transaction Amount Reconciled Amount
Open 60 $367,296.85 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Total 60 $367,296.85 $0.00
All Status Count Transaction Amount Reconciled Amount
Open 90 $2,799,296.09 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 90 $2,799,296.09 $0.00
Grand Totals:

Checks Status Count Transaction Amount Reconciled Amount Open 30 $2,431,999.24 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 30 $2,431,999.24 $0.00
EFTs Status Count Transaction Amount Reconciled Amount
Open 60 $367,296.85 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Total 60 $367,296.85 $0.00
All Status Count Transaction Amount Reconciled Amount
Open 90 $2,799,296.09 $0.00
Reconciled 0 $0.00 $0.00
Voided 0 $0.00 $0.00
Stopped 0 $0.00 $0.00
Total 90 $2,799,296.09 $0.00
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CITY OF CUPERTINO
Agenda Item
22-11422 Agenda Date:
11/15/2022 Agenda #:

12. Subject: Consider the Monthly Treasurer's Report for September 2022 Accept the Monthly Treasurer's Report for September 2022 CITY OF CUPERTINO Page 1 of 1 Printed on 11/9/2022
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1 CITY COUNCIL STAFF REPORT
Meeting: November 15, 2022
Subject
Consider the Monthly Treasurer's Report for September 2022 Recommended Action
Accept the Monthly Treasurer's Report for September 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 generally include transactions recorded in other systems and imported into New World, Councilapproved 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 an update on the City's cash and fund balances for September 2022.

The report is as of October 20, 2022.

Receipts, Disbursements, and Cash Balance
The City's General Fund ending cash and investment balance was $105.1 million, a decrease of $2.5 million from the prior month. Receipts were $7.7 million, disbursements were ($9.7) million, and journal adjustments were ($554,702) for the month.

The City's total ending cash and investment balance was $216.6 million, a decrease of $4.4 million from the prior month. Receipts were $8.2 million, disbursements were ($12.9) million, and journal adjustments were $0.3 million for the month.

In September 2022, the journal adjustments included the following:
 Parks and Recreation transactions imported from ActiveNet into New World  Workers’ Compensation transactions
 Quarterly Cost Allocation Plan (CAP) transactions
Fund Balance/Net Position
The City's General Fund ending fund balance was $89.5 million, decreasing by $6.9 million from the prior month due to revenues of $4.1 million and expenditures of $11.0 million.

The City's total ending fund balance was $197.7 million, decreasing by $8.4 million from the prior month due to revenues of $6.0 million and expenditures of $14.4 million. 169
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3 Sustainability Impact
No sustainability impact.

Fiscal Impact
No fiscal impact.
_____________________________________
Prepared by: __________________
Thomas Leung
Budget Manager
Reviewed by: __________________
Kristina Alfaro
Director of Administrative Services
Approved for Submission by: __________________
Pamela Wu
City Manager
Attachments:

A – Report of City-wide Receipts, Disbursements, and Cash Balances September 2022 B – Report of City‐wide Fund Balances/Net Position September 2022 170
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September 2022 Report of City-wide Receipts, Disbursements, and Cash Balances Cash and Investments
Beginning Balance Ending Balance
Fund Type Fund Number/Name as of August 31, 2022 Receipts Disbursements Journal Adjustments as of September 30, 2022 General Fund 100 General Fund 107,635,775 7,739,191 (9,681,257) (554,702) 105,139,007 General Fund 130 Investment Fund 189,996 - - - 189,996
Special Revenue Funds 210 Storm Drain Improvement 2,224,465 - (15,579) - 2,208,886 Special Revenue Funds 215 Storm Drain AB1600 1,797,747 2,635 - - 1,800,382 Special Revenue Funds 230 Env Mgmt Cln Crk Strm Drain 1,001,745 482 (110,395) (85,695) 806,137 Special Revenue Funds 260 CDBG 695,474 79,706 (12,699) (291) 762,190 Special Revenue Funds 261 HCD Loan Rehab 221,894 - - - 221,894 Special Revenue Funds 265 BMR Housing 5,691,586 350 (56,839) (37,317) 5,597,780 Special Revenue Funds 270 Transportation Fund 14,192,761 256,317 (990,933) (183,303) 13,274,842 Special Revenue Funds 271 Traffic Impact 718,870 - - - 718,870 Special Revenue Funds 280 Park Dedication 20,459,992 15,000 (348,982) - 20,126,010 Special Revenue Funds 281 Tree Fund 71,405 - - - 71,405 Debt Service Funds 365 Public Facilities Corp 2,682,650 - - - 2,682,650 Capital Project Funds 420 Capital Improvement Fund 28,765,475 155 (516,876) - 28,248,755 Capital Project Funds 427 Stevens Creek Corridor Park 165,031 - - - 165,031 Capital Project Funds 429 Capital Reserve* 11,620,392 - - - 11,620,392 Enterprise Funds 520 Resource Recovery 5,875,339 119,834 (94,033) (59,466) 5,841,674 Enterprise Funds 560 Blackberry Farm 1,233,928 1,994 (110,388) 31,272 1,156,806 Enterprise Funds 570 Sports Center 2,266,171 - (337,886) 61,149 1,989,435 Enterprise Funds 580 Recreation Program 3,598,809 8,720 (121,888) 3,017 3,488,657 Internal Service Funds 610 Innovation & Technology 4,129,836 - (278,616) 617,183 4,468,402 Internal Service Funds 620 Workers' Compensation 3,669,107 - (4,221) 93,530 3,758,415 Internal Service Funds 630 Vehicle/Equip Replacement 880,817 440 (116,734) 388,731 1,153,253 Internal Service Funds 641 Compensated Absence/LTD 1,553,910 - (8,408) (2,762) 1,542,740 Internal Service Funds 642 Retiree Medical (350,834) - (114,489) (3,696) (469,019) Total $ 220,992,342 $ 8,224,824 $ (12,920,225) $ 267,651 $ 216,564,592 * For reporting purposes, this fund rolls up/combines with Fund 420 Printed October 20, 2022
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September 2022 Report of City-wide Fund Balances/Net Position Beginning Fund Balance Ending Fund Balance
Fund Type Fund Number/Name as of August 31, 2022 Revenues Expenditures as of September 30, 2022 General Fund 100 General Fund 96,400,636 4,104,027 11,018,443 89,486,219 General Fund 130 Investment Fund 229,425 - - 229,425
Special Revenue Funds 210 Storm Drain Improvement 2,224,465 - 15,579 2,208,886 Special Revenue Funds 215 Storm Drain AB1600 1,797,747 2,635 - 1,800,382 Special Revenue Funds 230 Env Mgmt Cln Crk Strm Drain 1,014,211 482 184,480 830,213 Special Revenue Funds 260 CDBG 1,302,959 171 12,990 1,290,140 Special Revenue Funds 261 HCD Loan Rehab 221,894 - - 221,894 Special Revenue Funds 265 BMR Housing 5,690,944 350 93,514 5,597,780 Special Revenue Funds 270 Transportation Fund 14,171,105 256,317 1,156,478 13,270,944 Special Revenue Funds 271 Traffic Impact 718,870 - - 718,870 Special Revenue Funds 280 Park Dedication 20,445,582 15,000 334,572 20,126,010 Special Revenue Funds 281 Tree Fund 71,405 - - 71,405
Debt Service Funds 365 Public Facilities Corp 2,682,650 - - 2,682,650 Capital Project Funds 420 Capital Improvement Fund 25,715,685 - 533,299 25,182,385 Capital Project Funds 427 Stevens Creek Corridor Park 165,031 - - 165,031 Capital Project Funds 429 Capital Reserve* 11,620,392 - - 11,620,392 Enterprise Funds 520 Resource Recovery 5,242,943 119,834 142,504 5,220,273 Enterprise Funds 560 Blackberry Farm 930,384 54,213 104,591 880,006 Enterprise Funds 570 Sports Center 2,467,115 215,107 142,348 2,539,874 Enterprise Funds 580 Recreation Program 3,259,842 107,103 141,772 3,225,173 Internal Service Funds 610 Innovation & Technology 3,787,537 621,305 288,361 4,120,481 Internal Service Funds 620 Workers' Compensation 2,243,436 109,116 19,807 2,332,745 Internal Service Funds 630 Vehicle/Equip Replacement 2,486,338 392,598 100,979 2,777,957 Internal Service Funds 641 Compensated Absence/LTD 1,553,910 197 11,367 1,542,740 Internal Service Funds 642 Retiree Medical (350,834) - 118,185 (469,019) Total $ 206,093,672 $ 5,998,455 $ 14,419,270 $ 197,672,857 * For reporting purposes, this fund rolls up/combines with Fund 420 Printed October 20, 2022
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CITY OF CUPERTINO
Agenda Item
22-11423 Agenda Date:
11/15/2022 Agenda #:

13. Subject: Consider the Monthly Treasurer's Investment Report for September 2022 Accept the Monthly Treasurer's Investment Report for September 2022 CITY OF CUPERTINO Page 1 of 1 Printed on 11/9/2022
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1 CITY COUNCIL STAFF REPORT
Meeting: November 15, 2022
Subject
Consider the Monthly Treasurer's Investment Report for September 2022 Recommended Action
Accept the Monthly Treasurer's Investment Report for September 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 September 30, 2022. The report is as of October 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 174
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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 September 30, 2022, the City's General Ledger cash and investments balance was $216.6 million, a $4.4 million decrease from the prior month due to receipts of $8.2 million, disbursements of ($12.9) million, and journal adjustments of $0.3 million.

Cash and Investments – General Ledger Balance
Fund Type
Month Ending
August 31,
2022
Receipts Disbursements Journal
Adjustments*
Month Ending
September 30,
2022
General Fund 107,825,771 7,739,191 (9,681,257) (554,702) 105,329,003 Special Revenue 47,075,939 354,490 (1,535,428) (306,605) 45,588,397 Debt Service 2,682,650 - - - 2,682,650
Capital Projects 40,550,898 155 (516,876) - 40,034,177
Enterprise 12,974,247 130,548 (664,195) 35,972 12,476,572 Internal Service 9,882,836 440 (522,469) 1,092,986 10,453,792 Total $220,992,342 $8,224,824 $(12,920,225) $267,651 $216,564,592 *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 $216.6 million in cash and investments includes $30.0 million in cash, $21.1 million in cash equivalents, $148.3 million in investments, and $17.2 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. 176
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4 Cash and Investments – General Ledger Balance
Month Ending
August 31, 2022
Month Ending
September 30,
2022
% of
Portfolio
Cash in banks and on hand
Operating Checking (Wells Fargo) 34,386,299 29,966,945 14% Workers' Compensation Checking (Wells Fargo) 33,701 25,305 0% Payroll Checking (Wells Fargo) - - 0%
Restricted for Bond Repayments1(BNY Mellon) 8,333 8,333 0% Petty Cash and Change 5,000 5,000 0%
Cash Equivalents
Local Agency Investment Fund 21,059,752 21,059,752 10%
Investments
Investments (Chandler) 148,259,206 148,259,206 68%
Restricted for Pension2(PARS) 17,240,051 17,240,051 8%
Total Cash and Investments3 $220,992,342 $216,564,592 100% 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
August 31, 2022
Month Ending
September 30,
2022
% of
Portfolio
Cash in banks and on hand
Operating Checking (Wells Fargo) 34,432,707 31,613,882 15% Workers' Compensation Checking (Wells Fargo) 36,010 25,694 0% Payroll Checking (Wells Fargo) - - 0%
Restricted for Bond Repayments1(BNY Mellon) 8,333 8,333 0% Cash Equivalents
Local Agency Investment Fund 21,099,180 21,099,180 10%
Investments
Investments (Chandler) 148,209,503 145,810,488 68%
Restricted for Pension2(PARS) 17,693,782 16,385,602 8%
Total Cash and Investments3 $221,479,515 $214,943,179 100% 177
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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 September 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 July 2022. The City did not make any deposits or withdrawals in September 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 September 30, 2022, the portfolio's market value was $145.8 million, compared to $148.2 million at the end of the previous month. The table below includes historical comparisons of the City's portfolio:
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6 June 30, 2022 August 31, 2022 September 30, 2022
Market Value 148,744,657 148,209,503 145,810,488
Par Value 155,016,024 155,361,549 155,548,714
Book Value 155,117,380 155,316,485 155,475,533
Average Maturity 2.74 years 2.82 years 2.76 years
Average Modified Duration 2.39 2.44 2.38
Average Purchase Yield 1.41% 1.56% 1.58%
Average Market Yield 3.25% 3.69% 4.49%
Average Quality1 AA+/Aa1 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 September 30, 2022, the Section 115 Pension Trust had a balance of $16.4 million, a decrease of $1.3 million from the prior month due to investment losses. The Section 115 OPEB Trust had a balance of $29.8 million, a decrease of $2.4 million from the prior month due to investment losses. The one-month investment returns were -7.4% for both the Pension Trust and 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.

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

INVESTMENT REPORT
Period Ending September 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 September 30, 2022
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SECTION | Section 1 | Economic Update
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Economic Update



Market volatility has intensified as financial conditions tighten and global central banks pursue monetary policies to combat persistently high inflation and maintain financial market stability. Labor markets and consumer balance sheets remain strong; however, inflation is weighing heavily on consumer sentiment and beginning to impact discretionary spending.

Corporate earnings have generally performed better than expected, but warnings are growing along with wider credit spreads. While evidence of slower economic conditions has begun to mount, we expect the Federal Reserve to continue to raise rates until a sustainable improvement in inflationary conditions has been achieved. Over the near-term, we expect financial market volatility to remain intensified and conditions tighter with persistent inflation, geopolitical risk, and the Fed's hawkish monetary policy.

At the September meeting, the Federal Open Market Committee (FOMC) delivered the third 75-basis point increase to the Fed Funds Rate, increasing the range to 3.00% to 3.25%. The FOMC acknowledged spending and production are experiencing modest growth, offset by a robust labor market and elevated inflation metrics. We expect the Fed to continue to increase the federal funds rate in the near term until inflationary pressures weaken.

In September, yields rose significantly across the curve. The 2-year Treasury yield increased 79 basis points to 4.28%, the 5- year Treasury yield rose 74 basis points to 4.09%, and the 10-year Treasury yield gained 64 basis points to 3.83%. The spread between the 2-year Treasury yield and 10-year Treasury yield became more inverted at -45 basis points at September month-end versus -30 basis points at August month-end. The spread was a positive 121 basis points one year ago. The spread between 3-month and 10-year treasuries widened to 56 basis points in September compared to just 27 basis points in August. The shape of the curve does not necessarily indicate an imminent recession but bears watching as a better predictor of recession over the medium-term.
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Source: US Department of Labor Source: US Department of Labor Employment
The U.S. economy added 263,000 jobs in September, surpassing market expectations of 255,000, and gains were revised upward by 11,000 for the prior two months. Trends in employment remain strong, with the three-month moving average payrolls at 372,000 and the six-month moving average at 360,000. Hiring was widespread, with solid increases in education and health services, leisure and hospitality, and professional and business services. The unemployment rate fell to 3.5% from 3.7%, as the labor participation rate edged down to 62.3% in September from 62.4% in August. The U-6 underemployment rate, which includes those who are marginally attached to the labor force and employed part time for economic reasons dropped to 6.7% from 7.0% last month. Average hourly earnings rose 5.0% year-over-year in September compared to 5.2% year-over-year in August, a constructive development for the inflation outlook. The strong September labor report bolsters the case for the Fed to continue raising the federal funds rate. -200
0 200
400
600
800
1,000
1,200
1,400
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%
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) increased more than expected in September, up 8.2% year-over-year versus consensus expectations for 8.1%, but down slightly from 8.3% in August. The Core CPI, which excludes volatile food and energy components, jumped to 6.6% year-over-year, up from 6.3% in August and the highest level since 1982. The report included widespread increases, particularly in food, shelter, and medical care services. Owners’ equivalent rent, which is a major contributor to CPI and tends to lag, was up 6.7% year-over-year. The Personal Consumption Expenditures (PCE) index rose 6.2% in August, higher than consensus estimates of up 6.0%, but down from a 6.4% increase last month. Core PCE was up 4.9% year-over-year in August, versus up 4.7% year-over-year in July. Persistently elevated inflation is likely to keep the Federal Reserve on the path of tightening monetary policy as long as it continues 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
5 186
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Advance retail sales were flat for the month but up 8.2% year-over-year in September, slowing from August’s 9.4% year-over-year gain that surprised to the upside. Retail sales growth is starting to reflect the headwinds from higher prices as consumers dip into savings and assume more debt. The Conference Board’s Consumer Confidence Index rose for the second month in a row to 108.0 in September, with gains in both the present situation and future expectations components. The strength was tied directly to the consumer's assessment of the labor market, which continues to reflect the demand for labor outstripping supply.

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) remained in negative territory at -0.3% in August, following a decline to -0.5% in July.

This is the sixth straight month-over-month decline for the index. With the year-over-year index now at -1.0% in August and average workweek in manufacturing having contracted for four of the last six months, the Conference Board stated that US economic activity is expected to continue to slow more broadly and is likely to contract. The Chicago Fed National Activity Index (CFNAI) fell to zero in August from +0.29 in July indicating a moderation in economic growth over the month. On a 3-month moving average basis, the CFNAI increased to 0.01 in August from -.08 in each of the last two months.
-2.00
-1.00

0.00 1.00

2.00 3.00

4.00 Chicago Fed National Activity Index (CFNAI)
3 Month Average
-0.8%
-0.6%
-0.4%
-0.2%

0.0%

0.2%

0.4%

0.6%

0.8%

1.0%

1.2%
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 increased 12.2% to an annual rate of 1,575,000 in August, from a revised 1,404,000 units in July. Single-family home starts increased 3.4% and multi-family homes increased 28% month-over-month. On a year-over-year basis, total housing starts decreased 0.1% reflecting a shift from single-family units to more affordable multi-family units as homebuyers struggle with a combination of elevated prices and higher mortgage rates. Mortgage rates for a 30-year fixed-rate loan are higher than they have been since 2007 at 6.7%. According to the Case-Shiller 20-City Home Price Index, the year-over-year increase receded from 18.7% in June to 16.1% in July, clearly displaying the impact of higher mortgage rates which have reduced demand for homebuying as affordability has declined. 8 189
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Source: Institute for Supply Management Source: Federal Reserve Manufacturing
The Institute for Supply Management (ISM) manufacturing index plunged nearly two points to 50.9 in September, the lowest since May 2020 and disappointing relative to consensus expectations of 52.0. Readings above 50.0 are indicative of expansion in the manufacturing sector.

New orders declined significantly, reflecting lower demand for goods as consumers shift to spending on services. Total industrial production declined by -0.2% in August, following a downwardly revised increase of 0.5% in July. Capacity utilization fell to 80.0% in August from 80.2% in July, a rate that is 0.4 percentage points above its long-run (1972-2021) average. 40 42
44 46
48 50
52 54
56 58
60 62
64 66
Institute of Supply Management Purchasing Manager Index

EXPANDING

CONTRACTING
-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 9/21 12/21 3/22 6/22

2.0% 2.1% 0.9% 1.4%

1.8% 5.1% 1.0% -2.8%
-1.1% -0.2% -3.1% 1.2%
-0.5% 0.0% -0.4% -0.2%

0.5% -0.2% 0.0% -0.1%

2.7% 7.0% -1.6% -0.6%
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%

40.0%
Gross Domestic Product (GDP)
GDP QOQ % Change
GDP YOY % Change
Gross Domestic Product (GDP)
According to the third estimate, U.S. GDP was unrevised at -0.6% annualized in the second quarter. Personal consumption expenditures rose, primarily due to spending on services. The largest negative contribution was from a drop in gross residential investment as the housing sector diminished sharply. The second quarter decline followed a first quarter contraction of -1.6%. Although many market participants link two quarters in a row of negative GDP growth with a recession, an official declaration by the National Bureau of Economic Research is unlikely given the mosaic of data and the strength of the labor market. The consensus estimate calls for 1.9% growth in the third quarter and 1.7% growth for the full year 2022.
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Federal Reserve
Source: Federal Reserve Source: Bloomberg
At the September meeting, the Federal Open Market Committee (FOMC) delivered the third 75-basis point increase to the Fed Funds Rate, increasing the range to 3.00% to 3.25%. The FOMC acknowledged spending and production are experiencing modest growth, offset by robust labor market and elevated inflation metrics. The FOMC remains data dependent to meet its long-term 2% inflation objective. The Fed also released new economic projections showing a significant slowdown in the economy later in 2022 and 2023. The Fed has reduced its $9 trillion balance sheet holdings by $87.1 billion since the start of the program and will increase the rate of decrease to $95 billion a month in September. As inflation metrics begin to moderate, we believe the Federal Reserve will decelerate their pace of tightening, but a material decline in inflation in the short-term is unlikely.

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%
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%

4.0%

4.5%
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%

4.0%

4.5%
US Treasury Yield Curve
Sep-22
Jun-22
Sep-21
Yield (%)
Bond Yields
At the end of September, the 2-year Treasury yield was 400 basis points higher, and the 10-Year Treasury yield was about 234 basis points higher, year-over-year. The spread between the 2-year Treasury yield and 10-year Treasury yield became more inverted at -45 basis points at September month-end versus -30 basis points at August month-end. The average historical spread (since 2003) is about 130 basis points. The spread between 3-month and 10-year treasuries widened to 56 basis points in September compared to just 27 basis points in August. The shape of the yield curve does not indicate an imminent recession but bears watching as a better predictor of recession over the medium-term. 12 193
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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.

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Compliance As of September 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. 15 196
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Compliance As of September 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. 16 197
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Portfolio Characteristics
City of Cupertino
09/30/22 06/30/22
Benchmark* Portfolio Portfolio
Average Maturity (yrs) 2.60 2.76 2.74
Average Modified Duration 2.48 2.38 2.39
Average Purchase Yield n/a 1.58% 1.41%
Average Market Yield 4.26% 4.49% 3.25%
Average Quality** AAA AA/Aa1 AA+/Aa1
Total Market Value 145,810,488 148,744,657
*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.

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City of Cupertino
Sector Distribution
ABS

13.7%
Agency

18.7%
CMO

5.3%
Corporate

27.3%
Money Market
Fund

0.2%
Municipal Bonds

0.5%
Supranational

6.4%
US Treasury

28.0%
September 30, 2022 June 30, 2022
ABS

13.5%
Agency

22.0%
CMO

5.3%
Corporate

26.7%
Money Market
Fund

0.9%
Municipal Bonds

0.5%
Supranational

7.8%
US Treasury

23.3%
As of September 30, 2022
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Duration Allocation As of September 30, 2022
City of Cupertino
0 - 0.25 0.25 - 0.50 0.50 - 1 1 - 2 2 - 3 3 - 4 4 - 5 5+ 09/30/22 0.6% 1.3% 4.9% 31.9% 34.4% 18.4% 8.5% 0.0%
0%
5%
10%
15%
20%
25%
30%
35%
40%
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 September 30, 2022
Benchmark: ICE BofA 1-5 Yr US Treasury & Agency Index

95.6% 96.2%

98.6%
100.8%

99.3%

96.2%

98.4%

97.5%

80.0%

85.0%

90.0%

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

0.9%

0.5%

5.3%

7.8%

13.5%

22.0%

26.7%

23.3%

0.2%

0.5%

5.3%

6.4%

13.7%

18.7%

27.3%

28.0%
Money Market
Fund
Municipal Bonds
CMO
Supranational
ABS
Agency
Corporate
US Treasury
Portfolio Allocation
09/30/22
06/30/22
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Issue Name Investment Type % Portfolio
Government of United States US Treasury 27.99%
Federal National Mortgage Association Agency 8.91%
Federal Home Loan Mortgage Corp CMO 5.28%
Federal Home Loan Mortgage Corp Agency 4.98%
Federal Home Loan Bank Agency 4.80%
Inter-American Dev Bank Supranational 3.35%
American Express ABS ABS 1.91%
Hyundai Auto Receivables ABS 1.87%
Royal Bank of Canada Corporate 1.70%
Toyota Motor Corp Corporate 1.61%
Bank of New York Corporate 1.60%
Bank of America Corp Corporate 1.55%
JP Morgan Chase & Co Corporate 1.54%
International Finance Corp Supranational 1.54%
Intl Bank Recon and Development Supranational 1.47%
Toronto Dominion Holdings Corporate 1.44%
John Deere ABS ABS 1.31%
Honda ABS ABS 1.31%
Northwestern Mutual Glbl Corporate 1.30%
GM Financial Automobile Leasing Trust ABS 1.27%
Paccar Financial Corporate 1.26%
Toyota Lease Owner Trust ABS 1.23%
Bank of Montreal Chicago Corporate 1.17%
Amazon.com Inc Corporate 1.14%
Air Products & Chemicals Corporate 1.13%
Salesforce.com Inc Corporate 1.13%
Metlife Inc Corporate 1.13%
Prudential Financial Inc Corporate 1.11%
Toyota ABS ABS 1.09%
United Health Group Inc Corporate 1.08%
New York Life Global Funding Corporate 1.07%
Berkshire Hathaway Corporate 1.01%
Hyundai Auto Lease Securitization ABS 0.89%
Guardian Life Global Funding Corporate 0.84%
US Bancorp Corporate 0.83%
Caterpillar Inc Corporate 0.72%
GM Financial Securitized Term Auto Trust ABS 0.68%
Deere & Company Corporate 0.67%
Issuers
City of Cupertino – Account #10659
As of September 30, 2022
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Issue Name Investment Type % Portfolio
Mass Mutual Insurance Corporate 0.60%
Charles Schwab Corp/The Corporate 0.59%
BMW Vehicle Lease Trust ABS 0.58%
Verizon Owner Trust ABS 0.54%
State of California Municipal Bonds 0.50%
Northern Trust Corp Corporate 0.45%
Morgan Stanley Corporate 0.41%
Verizon Master Trust ABS 0.39%
BMW ABS ABS 0.35%
Wal-Mart Stores Corporate 0.21%
Nissan ABS ABS 0.21%
Wells Fargo 100% Treasury MMKT Fund Money Market Fund 0.17% Mercedes-Benz Auto Lease Trust ABS 0.12%
TOTAL 100.00%
Issuers
City of Cupertino – Account #10659
As of September 30, 2022
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AAA AA A <A NR
09/30/22 16.3% 55.6% 18.9% 0.0% 9.2%
06/30/22 18.4% 53.6% 19.0% 0.0% 9.0%
Source: S&P Ratings
September 30, 2022 vs. June 30, 2022

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%
AAA AA A <A NR
09/30/22 06/30/22
Quality Distribution
City of Cupertino
As of September 30, 2022
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12-Month Earnings
Investment Performance
City of Cupertino
As of September 30, 2022
Source: City of Cupertino Monthly Investment Report. Interest earnings include accrued interest and realized gains and losses on amortized cost.

Investment Earnings
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
July 2022 103,214
August 2022 126,584
September 2022 184,997
Total 1,916,204
Change in Fair Value
Unrealized Gain/Loss Position 9/30/2021 1,600,579
Unrealized Gain/Loss Position 9/30/2022 (10,173,183)
Change in Fair Value (11,773,762)
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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
-8.00%
-7.00%
-6.00%
-5.00%
-4.00%
-3.00%
-2.00%
-1.00%

0.00%

1.00%
12 months 2 years 3 years 5 years 10 years Since Inception City of Cupertino ICE BofA 1-5 Yr US Treasury & Agency Index 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 -1.96% -6.61% -3.35% -0.67% N/A N/A 0.25% ICE BofA 1-5 Yr US Treasury & Agency Index -2.28% -6.78% -3.63% -0.97% N/A N/A 0.13% City of Cupertino Net of Fees -1.97% -6.66% -3.41 -0.74 N/A N/A 0.18 As of September 30, 2022
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Purchase Yield as of 09/30/22 = 1.58%

0.00 0.50

1.00 1.50

2.00 2.50
Percent (%)
Historical Average Purchase Yield
City of Cupertino
As of September 30, 2022
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SECTION | Section 3 | Portfolio Holdings
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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
67,249.40 Various

1.93%
67,136.36
67,249.40

99.89 3.58%
67,175.09

53.20 0.05%
(74.31)
Aaa / AAA
NR

0.87 0.06
58769EAC2 Mercedes-Benz Auto Lease Trust 2020-B A3

0.400% Due 11/15/2023
174,585.04 09/15/2020

0.40%
174,576.19
174,583.93

99.48 3.67%
173,675.98

31.04 0.12%
(907.95)

NR / AAA
AAA

1.13 0.16
477870AC3 John Deere Owner Trust 2019-B A3

2.210% Due 12/15/2023
56,564.67 08/27/2019

1.79%
57,088.34
56,711.52

99.88 3.61%
56,498.48

55.56 0.04%
(213.04)
Aaa / NR
AAA

1.21 0.08
92348AAA3 Verizon Owner Trust 2019-C A1A

1.940% Due 04/22/2024
87,146.08 10/01/2019

1.95%
87,139.36
87,143.77

99.77 3.38%
86,942.59

51.66 0.06%
(201.18)

NR / AAA
AAA

1.56 0.16
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
690,889.71

98.08 4.52%
686,592.20

83.42 0.47%
(4,297.51)
Aaa / AAA
NR

1.56 0.46
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
789,949.63

97.56 4.63%
770,739.80
115.87

0.53%
(19,209.83)
Aaa / AAA
NR

1.72 0.57
65479JAD5 Nissan Auto Receivables Owner 2019-C A3

1.930% Due 07/15/2024
304,874.18 Various

1.70%
306,386.60
305,513.84

99.62 3.76%
303,720.23
261.52

0.21%
(1,793.61)
Aaa / AAA
NR

1.79 0.21
43813DAC2 Honda Auto Receivables 2020-2 A3

0.820% Due 07/15/2024
77,492.52 05/18/2020

0.83%
77,486.43
77,489.89

99.54 1.94%
77,134.27

28.24 0.05%
(355.62)
Aaa / AAA
NR

1.79 0.41
47789KAC7 John Deere Owner Trust 2020-A A3

1.100% Due 08/15/2024
102,654.91 03/04/2020

1.11%
102,648.63
102,652.26

99.01 4.14%
101,636.57

50.19 0.07%
(1,015.69)
Aaa / NR
AAA

1.88 0.32
43813KAC6 Honda Auto Receivables Trust 2020-3 A3

0.370% Due 10/18/2024
379,188.47 09/22/2020

0.38%
379,132.77
379,168.38

97.82 4.54%
370,927.47

50.66 0.25%
(8,240.91)

NR / AAA
AAA

2.05 0.52
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
964,992.94

96.64 4.56%
932,596.27
115.00

0.64%
(32,396.67)

NR / AAA
AAA

2.06 0.81
47787NAC3 John Deere Owner Trust 2020-B A3

0.510% Due 11/15/2024
129,233.47 07/14/2020

0.52%
129,213.77
129,226.18

98.05 4.85%
126,715.35

29.29 0.09%
(2,510.83)
Aaa / NR
AAA

2.13 0.45
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
424,976.25

97.15 4.51%
412,881.13

23.38 0.28%
(12,095.12)
Aaa / NR
AAA

2.24 0.68
89236XAC0 Toyota Auto Receivables 2020-D A3

0.350% Due 01/15/2025
288,227.20 10/06/2020

0.36%
288,173.49
288,198.29

98.07 4.58%
282,655.19

44.84 0.19%
(5,543.10)

NR / AAA
AAA

2.30 0.46
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
539,991.79

96.28 4.51%
519,908.22
278.40

0.36%
(20,083.57)
Aaa / AAA
NR

2.30 1.12
92290BAA9 Verizon Owner Trust 2020-B A

0.470% Due 02/20/2025
703,950.04 08/04/2020

0.48%
703,802.21
703,871.97

98.46 4.20%
693,125.40
101.10

0.48%
(10,746.57)
Aaa / NR
AAA

2.39 0.41
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
1,149,865.16

96.40 4.67%
1,108,602.30
688.72

0.76%
(41,262.86)

NR / AAA
AAA

2.39 1.35
As of September 30, 2022
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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
944,994.14

96.55 4.71%
912,413.57
548.63

0.63%
(32,580.57)
Aaa / NR
AAA

2.47 1.24
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
449,954.28

96.29 4.76%
433,289.25

82.50 0.30%
(16,665.03)

NR / AAA
AAA

2.48 1.02
43813GAC5 Honda Auto Receivables Trust 2021-1 A3

0.270% Due 04/21/2025
257,144.76 02/17/2021

0.27%
257,140.06
257,142.51

97.08 4.95%
249,643.59

19.29 0.17%
(7,498.92)
Aaa / NR
AAA

2.56 0.62
89240BAC2 Toyota Auto Receivables Owners 2021-A A3

0.260% Due 05/15/2025
921,202.94 02/02/2021

0.27%
921,031.97
921,122.67

97.43 4.30%
897,559.35
106.45

0.62%
(23,563.32)
Aaa / NR
AAA

2.62 0.63
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
514,971.18

96.68 4.59%
497,884.49

86.98 0.34%
(17,086.69)

NR / AAA
AAA

2.96 0.79
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
459,928.48

94.61 4.70%
435,211.98
112.44

0.30%
(24,716.50)
Aaa / NR
AAA

3.31 1.43
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
579,965.22

94.50 4.71%
548,115.08
134.04

0.38%
(31,850.14)
Aaa / NR
AAA

3.46 1.33
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
429,993.31

94.72 4.62%
407,311.48
135.69

0.28%
(22,681.83)

NR / AAA
AAA

3.54 1.37
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
739,909.50

95.03 4.81%
703,226.44
618.31

0.48%
(36,683.06)
Aaa / AAA
NR

3.62 1.73
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
1,302,679.36

94.36 4.93%
1,255,042.54
437.42

0.86%
(47,636.82)

NR / AAA
AAA

3.62 1.37
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
529,975.75

97.34 4.81%
515,911.01
283.55

0.35%
(14,064.74)
Aaa / AAA
NR

3.90 1.70
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
349,993.56

94.24 5.04%
329,844.55

99.17 0.23%
(20,149.01)
Aaa / AAA
NR

3.96 1.34
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
449,915.95

95.59 5.00%
430,176.60
464.00

0.30%
(19,739.35)
Aaa / NR
AAA

3.96 1.67
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
1,009,967.64

95.93 4.62%
968,878.86
996.53

0.67%
(41,088.78)

NR / AAA
AAA

4.04 1.72
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
294,979.75

95.13 4.79%
280,644.42
154.88

0.19%
(14,335.33)

NR / AAA
AAA

4.13 1.40
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
389,929.62

96.93 4.92%
378,032.07
503.75

0.26%
(11,897.55)
Aaa / AAA
NR

4.38 1.72
47800AAC4 John Deere Owner Trust 2022-B A3

3.740% Due 02/16/2027
655,000.00 07/12/2022

3.77%
654,937.45
654,940.95

97.65 4.86%
639,635.67
1,088.76

0.44%
(15,305.28)
Aaa / NR
AAA

4.38 2.16
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
1,528,002.16

94.37 4.69%
1,458,047.40
1,517.53

1.00%
(69,954.76)
Aaa / NR
AAA

4.46 2.32
As of September 30, 2022
29 210
CC 11-15-2022
210 of 650
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
1,374,732.22

96.77 4.75%
1,330,587.50
2,071.67

0.91%
(44,144.72)

NR / AAA
AAA

4.63 2.44
92348KAV5 Verizon Master Trust 2022-5 A1A

3.720% Due 07/20/2027
570,000.00 08/02/2022

3.75%
569,974.92
569,976.18

99.05 4.51%
564,562.20
647.90

0.39%
(5,413.98)

NR / AAA
AAA

4.81 1.79
TOTAL ABS 20,739,513.68 1.70%
20,671,246.60
20,685,549.34 4.62%
20,007,544.59
12,171.58

13.73%
(678,004.75)
Aaa / AAA
Aaa

3.17 1.30
Agency
3137EAFA2 FHLMC Note

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

0.28%
1,753,262.55
1,754,319.30

95.43 4.27%
1,674,736.83
1,425.94

1.15%
(79,582.47)
Aaa / AA+
AAA

1.18 1.15
3130A0F70 FHLB Note

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

1.75%
2,222,418.00
2,139,036.24

98.80 4.42%
2,074,701.30
22,246.88

1.44%
(64,334.94)
Aaa / AA+
AAA

1.19 1.14
3130A0XE5 FHLB Note

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

2.27%
1,568,115.00
1,519,763.16

98.48 4.35%
1,477,125.00
3,114.58

1.02%
(42,638.16)
Aaa / AA+
NR

1.44 1.38
3130A1XJ2 FHLB Note

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

1.96%
1,564,890.20
1,522,152.42

97.52 4.40%
1,462,732.50
12,817.70

1.01%
(59,419.92)
Aaa / AA+
NR

1.71 1.63
3135G0V75 FNMA Note

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

1.96%
1,484,895.00
1,494,664.90

95.77 4.28%
1,436,532.00
6,489.58

0.99%
(58,132.90)
Aaa / AA+
AAA

1.76 1.69
3130A2UW4 FHLB Note

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

1.79%
2,103,380.00
2,040,411.15

97.26 4.35%
1,945,150.00
2,875.00

1.34%
(95,261.15)
Aaa / AA+
AAA

1.96 1.87
3135G0W66 FNMA Note

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

1.73%
1,965,802.75
1,971,141.61

94.91 4.25%
1,874,515.95
14,798.79

1.30%
(96,625.66)
Aaa / AA+
AAA

2.04 1.96
3135G0X24 FNMA Note

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

1.38%
1,309,953.95
1,302,048.29

94.36 4.26%
1,221,932.22
4,910.21

0.84%
(80,116.07)
Aaa / AA+
AAA

2.27 2.18
3137EAEP0 FHLMC Note

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

1.52%
2,363,178.95
2,364,136.87

93.94 4.22%
2,221,593.50
4,828.54

1.53%
(142,543.37)
Aaa / AA+
AAA

2.37 2.28
3135G03U5 FNMA Note

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

0.67%
1,856,168.40
1,858,037.99

91.14 4.32%
1,695,215.16
5,134.38

1.17%
(162,822.83)
Aaa / AA+
AAA

2.56 2.48
3135G04Z3 FNMA Note

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

0.50%
2,499,227.30
2,499,695.19

90.39 4.29%
2,259,857.50
3,611.11

1.55%
(239,837.69)
Aaa / AA+
AAA

2.72 2.64
3137EAEU9 FHLMC Note

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

0.48%
1,243,775.00
1,246,505.26

89.73 4.30%
1,121,616.25
911.46

0.77%
(124,889.01)
Aaa / AA+
AAA

2.81 2.73
3135G05X7 FNMA Note

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

0.48%
2,487,983.75
2,492,822.39

89.43 4.29%
2,235,740.00
937.51

1.53%
(257,082.39)
Aaa / AA+
AAA

2.90 2.83
3137EAEX3 FHLMC Note

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

0.46%
2,489,362.80
2,493,522.24

89.25 4.25%
2,231,302.50
208.33

1.53%
(262,219.74)
Aaa / AA+
AAA

2.98 2.90
As of September 30, 2022
30 211
CC 11-15-2022
211 of 650
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
3135G06G3 FNMA Note

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

0.56%
2,492,700.00
2,495,456.73

89.07 4.30%
2,226,725.00
5,000.00

1.53%
(268,731.73)
Aaa / AA+
AAA

3.11 3.01
TOTAL Agency 29,100,000.00 1.13%
29,405,113.65
29,193,713.74 4.30%
27,159,475.71
89,310.01

18.69%
(2,034,238.03)
Aaa / AA+
Aaa

2.24 2.17
CMO
3137B4WB8 FHLMC K033 A2

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

2.02%
1,037,656.25
1,007,772.00

98.97 4.34%
989,747.00
510.00

0.68%
(18,025.00)
Aaa / NR
NR

0.82 0.65
3137B5JM6 FHLMC K034 A2

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

2.00%
1,053,867.19
1,011,484.96

99.24 4.33%
992,359.00
2,942.50

0.68%
(19,125.96)

NR / NR
AAA

0.82 0.69
3137B7MZ9 FHLMC K036 A2

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

1.92%
1,061,914.06
1,015,793.16

99.06 4.35%
990,633.00
587.83

0.68%
(25,160.16)
Aaa / NR
AAA

1.07 0.89
3137BFE98 FHLMC K041 A2

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

0.72%
1,398,414.06
1,360,863.52

97.23 4.58%
1,263,974.40
3,435.25

0.87%
(96,889.12)
Aaa / AAA
AAA

2.07 1.87
3137BLMZ8 FHLMC K049 A2

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

0.87%
1,079,687.50
1,054,987.11

95.85 4.62%
958,518.00
2,508.33

0.66%
(96,469.11)

NR / NR
AAA

2.82 2.53
3137BLW95 FHLMC K050 A2

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

1.17%
1,018,132.81
1,002,196.49

96.59 4.62%
917,562.32
2,639.42

0.63%
(84,634.17)

NR / NR
AAA

2.90 2.57
3137BM7C4 FHLMC K051 A2

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

2.21%
453,079.69
451,039.55

96.42 4.62%
424,239.64
1,212.93

0.29%
(26,799.91)

NR / NR
AAA

2.99 2.65
3137BN6G4 FHLMC KO53

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

2.29%
582,001.17
580,285.47

95.30 4.62%
543,203.16
1,422.63

0.37%
(37,082.31)

NR / NR
AAA

3.24 2.86
3137BSP72 FHLMC K058 A2

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

1.35%
687,451.17
680,519.00

93.16 4.59%
605,518.55
1,437.04

0.42%
(75,000.45)

NR / NR
AAA

3.90 3.57
TOTAL CMO 7,910,000.00 1.51%
8,372,203.90
8,164,941.26 4.50%
7,685,755.07
16,695.93

5.28%
(479,186.19)
Aaa / AAA
Aaa

2.09 1.85
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
1,029,670.25

94.83 4.60%
976,768.57
952.75

0.67%
(52,901.68)
A2 / A
A

1.30 1.26
89114QCA4 Toronto Dominion Bank Note

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

2.24%
1,527,255.00
1,509,745.16

96.05 5.10%
1,440,729.00
12,035.42

1.00%
(69,016.16)
A1 / A
AA1.701.62
06367TQW3 Bank of Montreal Note

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

1.89%
582,216.00
586,909.84

92.61 5.03%
555,667.20
854.17

0.38%
(31,242.64)
A2 / AAA1.78

1.72 As of September 30, 2022
31 212
CC 11-15-2022
212 of 650
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
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
1,752,455.42

93.24 4.60%
1,640,939.52
2,322.23

1.13%
(111,515.90)
A2 / A+
NR

1.79 1.74
78013XZU5 Royal Bank of Canada Note

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

1.98%
1,533,359.18
1,514,518.80

95.92 4.95%
1,438,746.00
7,968.76

0.99%
(75,772.80)
A1 / A
AA1.791.71
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
1,256,760.74

95.95 4.73%
1,199,398.75
5,083.33

0.83%
(57,361.99)
A2 / A+
A+

1.83 1.76
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
1,707,163.57

98.05 4.47%
1,642,287.25
9,507.95

1.13%
(64,876.32)
A2 / A
NR

1.84 1.74
69371RR40 Paccar Financial Corp Note

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

0.52%
679,632.80
679,772.85

92.71 4.64%
630,397.40
491.11

0.43%
(49,375.45)
A1 / A+
NR

1.86 1.81
69371RQ25 Paccar Financial Corp Note

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

2.20%
369,182.30
369,693.87

95.45 4.71%
353,165.00
1,016.47

0.24%
(16,528.87)
A1 / A+
NR

1.88 1.80
14913Q3B3 Caterpillar Finl Service Note

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

1.92%
1,111,517.00
1,105,078.31

95.13 4.60%
1,046,463.00
9,394.31

0.72%
(58,615.31)
A2 / A
A

2.11 2.00
74153WCQ0 Pricoa Global Funding Note

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

1.19%
884,088.45
884,335.92

92.28 4.92%
816,642.60
3,251.15

0.56%
(67,693.32)
Aa3 / AAAA2.19

2.10 89114TZL9 Toronto-Dominion Bank Note

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

2.79%
674,737.00
679,593.38

92.59 4.93%
648,130.70
2,283.75

0.45%
(31,462.68)
A1 / A
NR

2.28 2.19
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
1,213,759.61

92.73 4.85%
1,126,675.58
3,817.13

0.78%
(87,084.03)
A1 / A+
A+

2.29 2.20
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
1,678,616.02

92.51 4.95%
1,554,142.80
5,210.33

1.07%
(124,473.22)
Aaa / AA+
AAA

2.29 2.20
69371RR73 Paccar Financial Corp Note

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

2.86%
884,769.90
884,807.06

95.62 4.72%
846,201.60
12,190.88

0.59%
(38,605.46)
A1 / A+
NR

2.52 2.36
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
1,049,671.76

96.11 5.02%
1,009,171.80
16,439.06

0.70%
(40,499.96)
A1 / A
AA2.542.35
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
1,369,835.88

96.60 4.77%
1,323,377.53
19,760.35

0.92%
(46,458.35)
A1 / A
AA2.572.39
06367WB85 Bank of Montreal Note

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

0.85%
1,285,656.80
1,271,335.05

92.02 5.19%
1,140,987.24
9,558.33

0.79%
(130,347.81)
A2 / AAA2.59

2.45 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
1,370,985.68

92.60 4.81%
1,268,610.42
3,762.93

0.87%
(102,375.26)
A1 / AAA2.67

2.56 As of September 30, 2022
32 213
CC 11-15-2022
213 of 650
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
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
655,234.45

92.52 4.86%
606,013.86
1,727.78

0.42%
(49,220.59)
A1 / AAA2.73

2.62 66815L2J7 Northwestern Mutual Glbl Note

4.000% Due 07/01/2025
1,170,000.00 06/27/2022

4.01%
1,169,602.20
1,169,635.59

97.42 5.01%
1,139,770.71
11,700.00

0.79%
(29,864.88)
Aaa / AA+
AAA

2.75 2.54
74153WCM9 Pricoa Global Funding Note

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

3.26%
832,972.72
843,037.78

88.73 5.00%
802,102.02
602.67

0.55%
(40,935.76)
Aa3 / AAAA2.92

2.82 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
1,021,492.12

97.34 4.87%
973,390.00
14,593.06

0.68%
(48,102.12)
A1 / A
AA3.142.86
40139LBC6 Guardian Life Glob Fun Note

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

1.12%
1,385,860.00
1,389,204.76

87.37 5.22%
1,223,180.00
3,777.08

0.84%
(166,024.76)
Aa1 / AA+
NR

3.20 3.06
66815L2A6 Northwestern Mutual Glbl Note

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

1.47%
827,449.50
831,920.46

87.62 4.92%
744,804.00
1,454.44

0.51%
(87,116.46)
Aaa / AA+
AAA

3.29 3.17
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
613,374.25

91.68 5.41%
550,082.40
1,612.00

0.38%
(63,291.85)
A2 / AAA3.38

3.17 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
410,784.01

91.12 5.61%
365,397.62
3,689.17

0.25%
(45,386.39)
A1 / AAA3.56

3.31 6174468Q5 Morgan Stanley Callable Note Cont 4/28/2025

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

4.35%
615,699.50
618,785.11

91.74 5.51%
596,313.25
6,044.35

0.41%
(22,471.86)
A1 / AA3.58

3.32 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
1,869,149.01

87.88 4.68%
1,647,718.13
7,239.58

1.14%
(221,430.88)
A1 / AA
AA3.623.46
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
1,026,824.18

88.53 4.62%
916,299.99
4,496.50

0.63%
(110,524.19)
A3 / A+
A

3.62 3.46
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
1,384,547.46

87.51 4.84%
1,211,991.34
4,457.97

0.83%
(172,556.12)
A1 / A+
A+

3.72 3.55
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
700,883.78

88.77 5.41%
621,411.00
2,616.02

0.43%
(79,472.78)
A2 / AAA3.72

3.52 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
1,001,726.13

86.88 5.04%
868,843.00
2,500.00

0.60%
(132,883.13)
Aa3 / AA+
AA+

3.79 3.61
58989V2D5 Met Tower Global Funding Note

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

1.27%
769,291.60
769,439.80

86.05 5.20%
662,551.89
454.51

0.45%
(106,887.91)
Aa3 / AAAA3.96

3.76 As of September 30, 2022
33 214
CC 11-15-2022
214 of 650
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
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
349,475.80

87.29 4.59%
305,518.50
142.92

0.21%
(43,957.30)
Aa2 / AA
AA

3.97 3.80
59217GER6 Metlife Note

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

1.90%
1,113,728.90
1,113,911.98

87.50 5.17%
975,602.70
4,645.83

0.67%
(138,309.28)
Aa3 / AAAA4.28

4.00 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
959,760.67

89.78 5.06%
861,889.92
1,829.34

0.59%
(97,870.75)
A2 / A
A

4.42 4.09
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
1,614,726.76

91.05 4.54%
1,470,501.11
1,650.89

1.01%
(144,225.65)
Aa2 / AA
A+

4.46 4.15
06051GHT9 Bank of America Corp Callable Note 1X 4/23/2026

3.559% Due 04/23/2027
1,150,000.00 Various

4.55%
1,114,222.54
1,115,370.26

92.35 5.74%
1,062,028.45
17,963.07

0.74%
(53,341.81)
A2 / AAA4.56

4.05 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
669,000.20

96.47 4.86%
646,355.70
10,496.67

0.45%
(22,644.50)
A2 / A+
A+

4.61 4.08
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
675,293.40

95.18 4.88%
642,453.53
9,088.12

0.45%
(32,839.87)
A3 / A+
A

4.62 4.12
TOTAL Corporate 42,790,000.00 1.96%
42,826,786.07
42,718,287.13 4.91%
39,552,721.08
238,682.38

27.29%
(3,165,566.05)
A1 / A+
AA2.882.71
Money Market Fund
94975H270 Wells Fargo 100% Treasury Money Mkt Fund 244,200.48 Various

2.14%
244,200.48
244,200.48

1.00 2.14%
244,200.48

0.00 0.17%

0.00 Aaa / AAA
NR

0.00 0.00
TOTAL Money Market Fund 244,200.48 2.14%
244,200.48
244,200.48 2.14%
244,200.48

0.00 0.17%

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
762,027.30

96.10 4.46%
725,577.65
9,060.00

0.50%
(36,449.65)
Aa2 / AAAA2.01

1.90 TOTAL Municipal Bonds 755,000.00 1.91%
772,342.35
762,027.30 4.46%
725,577.65
9,060.00

0.50%
(36,449.65)
Aa2 / AAAA2.01

1.90 Supranational
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
2,796,337.59

95.84 4.07%
2,683,520.00
2,644.44

1.84%
(112,817.59)
Aaa / AAA
NR

1.13 1.10
As of September 30, 2022
34 215
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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
45950KCT5 International Finance Corp Note

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

0.66%
2,471,150.00
2,480,479.32

89.72 4.32%
2,243,075.00
1,953.13

1.54%
(237,404.32)
Aaa / AAA
NR

2.79 2.72
459058JL8 Intl. Bank Recon & Development Note

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

0.60%
2,388,859.25
2,392,712.69

88.98 4.37%
2,135,402.41
5,100.01

1.47%
(257,310.28)
Aaa / AAA
AAA

3.08 2.98
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
2,451,997.24

88.72 4.33%
2,182,487.40
9,626.46

1.50%
(269,509.84)
Aaa / AAA
AAA

3.56 3.42
TOTAL Supranational 10,160,000.00 0.64%
10,101,042.45
10,121,526.84 4.26%
9,244,484.81
19,324.04

6.35%
(877,042.03)
Aaa / AAA
Aaa

2.56 2.48
US Treasury
912828V23 US Treasury Note

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

1.80%
1,529,472.66
1,508,140.24

97.56 4.27%
1,463,379.00
8,529.21

1.01%
(44,761.24)
Aaa / AA+
AAA

1.25 1.21
912828B66 US Treasury Note

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

2.14%
2,053,613.28
2,016,000.06

97.88 4.35%
1,957,656.00
7,024.45

1.35%
(58,344.06)
Aaa / AA+
AAA

1.38 1.33
91282CBR1 US Treasury Note

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

0.33%
1,446,488.28
1,448,273.40

94.32 4.31%
1,367,644.35
160.22

0.94%
(80,629.05)
Aaa / AA+
AAA

1.46 1.43
912828X70 US Treasury Note

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

1.92%
1,705,976.56
1,701,931.92

96.48 4.32%
1,640,168.50
14,228.26

1.13%
(61,763.42)
Aaa / AA+
AAA

1.58 1.52
912828XX3 US Treasury Note

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

1.80%
2,018,574.22
2,006,712.35

96.18 4.29%
1,923,594.00
10,108.69

1.33%
(83,118.35)
Aaa / AA+
AAA

1.75 1.68
912828D56 US Treasury Note

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

1.71%
1,753,191.41
1,720,302.97

96.60 4.28%
1,642,160.90
5,156.59

1.13%
(78,142.07)
Aaa / AA+
AAA

1.88 1.80
912828YY0 US Treasury Note

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

1.97%
2,087,203.13
2,089,697.33

94.79 4.20%
1,990,653.00
9,287.36

1.37%
(99,044.33)
Aaa / AA+
AAA

2.25 2.16
912828ZC7 US Treasury Note

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

0.81%
1,523,144.53
1,511,284.08

92.89 4.25%
1,393,417.50
1,445.10

0.96%
(117,866.58)
Aaa / AA+
AAA

2.42 2.34
91282CED9 US Treasury Note

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

2.23%
3,057,617.20
3,064,776.95

94.18 4.27%
2,919,570.70
2,397.79

2.00%
(145,206.25)
Aaa / AA+
AAA

2.46 2.36
912828ZL7 US Treasury Note

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

2.24%
2,360,839.85
2,384,503.21

90.60 4.25%
2,265,040.00
3,923.23

1.56%
(119,463.21)
Aaa / AA+
AAA

2.58 2.52
91282CAB7 US Treasury Note

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

0.72%
1,469,765.63
1,480,448.82

89.41 4.26%
1,341,153.00
631.79

0.92%
(139,295.82)
Aaa / AA+
AAA

2.84 2.77
91282CAM3 US Treasury Note

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

0.56%
2,366,140.63
2,377,810.26

88.89 4.23%
2,133,280.80

16.49 1.46%
(244,529.46)
Aaa / AA+
AAA

3.00 2.93
91282CAT8 US Treasury Note

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

0.49%
2,422,492.19
2,432,245.74

88.57 4.24%
2,170,067.90
2,563.18

1.49%
(262,177.84)
Aaa / AA+
AAA

3.09 3.01
As of September 30, 2022
35 216
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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
91282CAZ4 US Treasury Note

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

0.77%
2,209,658.20
2,222,680.07

88.68 4.23%
1,995,205.50
2,835.55

1.37%
(227,474.57)
Aaa / AA+
AAA

3.17 3.08
91282CBH3 US Treasury Note

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

0.75%
2,456,445.31
2,468,958.68

88.09 4.24%
2,202,345.00
1,579.48

1.51%
(266,613.68)
Aaa / AA+
AAA

3.34 3.24
91282CBW0 US Treasury Note

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

0.80%
2,493,652.34
2,495,385.77

88.59 4.21%
2,214,745.00
7,846.47

1.52%
(280,640.77)
Aaa / AA+
AAA

3.58 3.45
91282CCZ2 US Treasury Note

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

1.19%
1,379,054.68
1,383,076.83

88.01 4.16%
1,232,163.80

33.65 0.85%
(150,913.03)
Aaa / AA+
AAA

4.00 3.85
91282CDG3 US Treasury Note

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

1.25%
1,391,468.75
1,392,968.44

88.71 4.16%
1,241,898.00
6,591.03

0.86%
(151,070.44)
Aaa / AA+
AAA

4.09 3.90
91282CEW7 US Treasury Note

3.250% Due 06/30/2027
3,000,000.00 Various

3.12%
3,018,222.66
3,017,457.04

96.43 4.08%
2,893,008.00
24,639.94

2.00%
(124,449.04)
Aaa / AA+
AAA

4.75 4.31
91282CFB2 US Treasury Note

2.750% Due 07/31/2027
400,000.00 08/22/2022

3.12%
393,218.75
393,365.43

94.21 4.08%
376,843.60
1,853.26

0.26%
(16,521.83)
Aaa / AA+
AAA

4.84 4.44
91282CFH9 US Treasury Note

3.125% Due 08/31/2027
4,500,000.00 Various

3.28%
4,468,902.34
4,469,267.59

95.97 4.04%
4,318,596.00
12,042.47

2.97%
(150,671.59)
Aaa / AA+
AAA

4.92 4.49
TOTAL US Treasury 43,850,000.00 1.67%
43,605,142.60
43,585,287.18 4.22%
40,682,590.55
122,894.21

27.99%
(2,902,696.63)
Aaa / AA+
Aaa

2.99 2.84
TOTAL PORTFOLIO 155,548,714.16 1.58%
155,998,078.10
155,475,533.27 4.49%
145,302,349.94
508,138.15
100.00%
(10,173,183.33
)
Aa1 / AA
Aaa

2.76 2.38
TOTAL MARKET VALUE PLUS ACCRUALS 145,810,488.09
As of September 30, 2022
36 217
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SECTION | Section 4 | Transactions
37 218
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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 07/01/2022 66815L2J7 1,170,000.00 Northwestern Mutual Glbl Note 4% Due: 07/01/2025

99.966 4.01% 1,169,602.20 0.00 1,169,602.20 0.00
Purchase 07/15/2022 91282CEW7 1,500,000.00 US Treasury Note

3.25% Due: 06/30/2027
100.609 3.12% 1,509,140.63 1,987.09 1,511,127.72 0.00
Purchase 07/19/2022 91282CEW7 1,500,000.00 US Treasury Note

3.25% Due: 06/30/2027
100.605 3.12% 1,509,082.03 2,516.98 1,511,599.01 0.00
Purchase 07/20/2022 47800AAC4 655,000.00 John Deere Owner Trust 2022-B A3

3.74% Due: 02/16/2027

99.990 3.77% 654,937.45 0.00 654,937.45 0.00
Purchase 08/05/2022 06051GHT9 638,000.00 Bank of America Corp Callable Note 1X 4/23/2026

3.559% Due: 04/23/2027

96.937 4.53% 618,458.06 6,433.49 624,891.55 0.00
Purchase 08/09/2022 06051GHT9 512,000.00 Bank of America Corp Callable Note 1X 4/23/2026

3.559% Due: 04/23/2027

96.829 4.56% 495,764.48 5,365.39 501,129.87 0.00
Purchase 08/11/2022 92348KAV5 570,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due: 07/20/2027

99.996 3.75% 569,974.92 0.00 569,974.92 0.00
Purchase 08/23/2022 91282CFB2 400,000.00 US Treasury Note

2.75% Due: 07/31/2027

98.305 3.12% 393,218.75 687.50 393,906.25 0.00
Purchase 08/31/2022 91282CFH9 3,000,000.00 US Treasury Note

3.125% Due: 08/31/2027

99.652 3.20% 2,989,570.31 0.00 2,989,570.31 0.00
Purchase 09/09/2022 91282CFH9 1,100,000.00 US Treasury Note

3.125% Due: 08/31/2027

99.059 3.33% 1,089,644.53 854.63 1,090,499.16 0.00
Purchase 09/20/2022 91282CFH9 400,000.00 US Treasury Note

3.125% Due: 08/31/2027

97.422 3.70% 389,687.50 690.61 390,378.11 0.00
Subtotal 11,445,000.00 11,389,080.86 18,535.69 11,407,616.55 0.00 TOTAL ACQUISITIONS 11,445,000.00 11,389,080.86 18,535.69 11,407,616.55 0.00 June 30, 2022 through September 30, 2022
As of September 30, 2022
38 219
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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

DISPOSITIONS
Sale 07/15/2022 45950KCP3 2,050,000.00 International Finance Corp Note

2.875% Due: 07/31/2023

99.565 0.31% 2,041,074.30 27,013.02 2,068,087.32 -63,495.75 Sale 07/19/2022 3135G0U43 1,500,000.00 FNMA Note

2.875% Due: 09/12/2023

99.631 1.89% 1,494,465.00 15,213.54 1,509,678.54 -21,834.87 Sale 08/05/2022 06051GHF9 536,000.00 Bank of America Corp Callable Note 1X 3/5/2023

3.55% Due: 03/05/2024

99.708 2.16% 534,434.88 7,928.33 542,363.21 -4,079.30
Sale 08/09/2022 06051GHF9 664,000.00 Bank of America Corp Callable Note 1X 3/5/2023

3.55% Due: 03/05/2024

99.650 2.16% 661,676.00 10,083.58 671,759.58 -5,379.82
Sale 08/29/2022 3130A3DL5 1,600,000.00 FHLB Note

2.375% Due: 09/08/2023

98.827 1.52% 1,581,232.00 18,050.00 1,599,282.00 -32,395.40 Sale 08/29/2022 3137EAER6 1,350,000.00 FHLMC Note

0.375% Due: 05/05/2023

98.006 0.39% 1,323,082.35 1,603.13 1,324,685.48 -26,788.48 Sale 09/09/2022 3130A3DL5 400,000.00 FHLB Note

2.375% Due: 09/08/2023

98.773 1.52% 395,092.00 26.39 395,118.39 -8,214.92
Sale 09/09/2022 912828T91 650,000.00 US Treasury Note

1.625% Due: 10/31/2023

97.930 1.82% 636,542.97 3,788.72 640,331.69 -11,241.75
Subtotal 8,750,000.00 8,667,599.50 83,706.71 8,751,306.21 -173,430.29 TOTAL DISPOSITIONS 8,750,000.00 8,667,599.50 83,706.71 8,751,306.21 -173,430.29 June 30, 2022 through September 30, 2022
As of September 30, 2022
39 220
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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 September 30, 2022
40 221
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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 September 30, 2022
41 222
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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

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

ADMINISTRATOR: BELINDA CONWAY
TELEPHONE NUMBER: 254-265-6137
27422 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.

ASSET VALUATION PRACTICES

VALUES REFLECTED FOR PUBLICLY-TRADED ASSETS ARE FROM 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. IN

SITUATIONS WHERE AN ASSET VALUE CANNOT BE PROVIDED BY UNAFFILIATED FINANCIAL INDUSTRY SOURCES, WE WILL RELY ON THE CUSTOMER OR THEIR DESIGNATED REPRESENTATIVE TO PROVIDE US WITH THE UPDATED VALUE. IF PRINCIPAL CUSTODY SOLUTIONS DOES

NOT RECEIVE AN UPDATED VALUE, OR IS UNABLE TO USE THE VALUE PROVIDED, THE LAST REPORTED VALUE WILL CONTINUE TO BE REPORTED AND SHOULD NOT BE CONSIDERED TO BE CERTIFIED BY PRINCIPAL CUSTODY SOLUTIONS.

SPECIAL INVESTMENTS
"SPECIAL INVESTMENTS" ARE ASSETS NOT HELD IN CUSTODY BY PRINCIPAL BANK/PRINCIPAL TRUST COMPANY BUT WHOSE VALUE MAY BE SHOWN ON ACCOUNT STATEMENTS. EXAMPLES OF SPECIAL INVESTMENTS INCLUDE, BUT ARE NOT LIMITED TO, COMMON OR COLLECTIVE FUNDS NOT ADMINISTERED BY PRINCIPAL BANK/PRINCIPAL TRUST COMPANY (OR THEIR AFFILIATES), HEDGE FUNDS, LIMITED PARTNERSHIPS, AND OTHER UNREGISTERED SECURITIES.

AT THE DIRECTION OF AND AS A MATTER OF CONVENIENCE TO ITS CLIENTS, PRINCIPAL BANK/PRINCIPAL TRUST COMPANY MAY BE REPORT SPECIAL INVESTMENTS AS A RECORDKEEPING ITEM ON ACCOUNT STATEMENTS, AT NOMINAL VALUE OR SUCH OTHER VALUE PROVIDED BY CLIENTS/EXTERNAL SOURCES.

NEITHER PRINCIPAL BANK NOR PRINCIPAL TRUST COMPANY IS RESPONSIBLE FOR THE ACCURACY OF INFORMATION PROVIDED BY EXTERNAL SOURCES, AND

DOES NOT CERTIFY THAT INFORMATION PROVIDED BY THESE EXTERNAL SOURCES IS TRUE OR CORRECT FOR THE SPECIAL INVESTMENTS REFLECTED IN YOUR ACCOUNT.

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 ACCOUNT MANAGER.

UNCLAIMED PROPERTY DESIGNATED REPRESENTATIVE NOTIFICATION

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.
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TABLE OF CONTENTS CITY OF CUPERTINO
FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ PAGE

REPORT NAME NUMBER
ASSET SUMMARY .................................................................................. 1 STATEMENT OF ASSETS AND LIABILITIES ............................................................ 2 CASH SUMMARY ................................................................................... 20 STATEMENT OF TRANSACTIONS ...................................................................... 21 PENDING TRADES SCHEDULE ........................................................................ 36 225
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PAGE 1

ASSET SUMMARY CITY OF CUPERTINO
AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯

ASSET SUMMARY
% TOTAL UNREALIZED ESTIMATED CURRENT ACCRUED

INVESTMENT CATEGORY COST VALUE MARKET VALUE MARKET GAIN/LOSS ANNUAL INCOME YIELD INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ CASH 0.00 0.00 0.00
CASH EQUIVALENTS 244,200.48 244,200.48 0.17 0.00 4,735 1.94 253.54 BONDS AND NOTES 155,753,877.62 145,006,694.37 99.83 10,747,183.25- 2,518,460 1.74 512,462.62 TOTAL INVESTMENTS 155,998,078.10 145,250,894.85 100.00 10,747,183.25- 2,523,195 1.74 512,716.16 TOTAL ACCRUALS 512,716.16 512,716.16
===================================================================================================================================== TOTAL ACCRUALS AND INVESTMENTS 156,510,794.26 145,763,611.01 10,747,183.25- 2,523,195 1.74 512,716.16 226
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PAGE 2

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

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

CASH EQUIVALENTS
195,088.77 ALLSPRING 100% TREASURY 195,088.77 195,088.77 0.13 0.00 209.15 MONEY MARKET FUND - #008 1.0000 1.0000
49,111.71 PRINCIPAL PUBLIC DEPOSIT SWEEP 49,111.71 49,111.71 0.03 0.00 44.39 PROGRAM 1.0000 1.0000
TOTAL CASH EQUIVALENTS 244,200.48 244,200.48 0.17 0.00 253.54

BOND & NOTES
1,675,000 AIR PRODUCTS & CHEMICALS 1,771,212.00 1,641,299.00 1.13 129,913.00- 9,507.95 DTD 07/31/14 3.350 07/31/2024 105.7440 97.9880
MOODY'S RATING A2
CUSIP 009158AV8
1,875,000 AMAZON.COM INC 1,866,900.00 1,645,181.25 1.13 221,718.75- 7,239.58 DTD 05/12/21 1.000 05/12/2026 99.5680 87.7430
MOODY'S RATING A1
CUSIP 023135BX3
1,375,000 AMERICAN EXPRESS CREDIT ACCOUNT 1,374,695.85 1,330,271.25 0.92 44,424.60- 2,071.67 ASSET BCKD SEC SER 2022-2 CL A 99.9779 96.7470
DTD 05/24/2022 3.390% 05/17/2027

NON CALLABLE
CUSIP 02582JJT8
1,545,000 AMERICAN EXPRESS CREDIT ACCOUNT 1,524,359.77 1,457,707.50 1.00 66,652.27- 1,517.53 ASSET BCKD SEC SER 2022-1 CL A 98.6641 94.3500
DTD 03/18/2022 2.210% 03/15/2027

NON CALLABLE

MOODY'S RATING AAA
CUSIP 02589BAA8
1,150,000 BANK OF AMERICA CORP 1,114,222.54 1,061,657.00 0.73 52,565.54- 17,963.06 MED TERM NOTE 96.8889 92.3180
DTD 04/23/19 04/23/2027
MOODY'S RATING A2
CUSIP 06051GHT9
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STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 600,000 BANK OF AMERICA CORP 620,988.00 550,008.00 0.38 70,980.00- 1,612.00 MED TERM NOTE 103.4980 91.6680
DTD 02/13/20 02/13/2026
MOODY'S RATING A2
CUSIP 06051GHY8
700,000 BANK OF AMERICA CORP 701,274.00 621,320.00 0.43 79,954.00- 2,616.02 MED TERM NOTE 100.1820 88.7600
DTD 06/19/20 06/19/2026
MOODY'S RATING A2
CUSIP 06051GJD2
600,000 BANK OF MONTREAL 582,216.00 555,522.00 0.38 26,694.00- 854.17 MED TERM NOTE 97.0360 92.5870
DTD 07/09/21 0.625 07/09/2024
MOODY'S RATING A2
CUSIP 06367TQW3
1,240,000 BANK OF MONTREAL 1,285,656.80 1,140,824.80 0.79 144,832.00- 9,558.33 MED TERM NOTE 103.6820 92.0020
DTD 04/27/20 1.850 05/01/2025
MOODY'S RATING A2
CUSIP 06367WB85
1,000,000 BANK OF NEW YORK MELLON 1,024,910.00 972,500.00 0.67 52,410.00- 14,593.06 MED TERM NOTE 102.4910 97.2500
DTD 11/18/13 3.950 11/18/2025
MOODY'S RATING A1
CUSIP 06406HCQ0
1,370,000 BANK OF NY MELLON CORP 1,369,808.20 1,323,187.10 0.91 46,621.10- 19,760.35 DTD 04/26/2022 3.350% 04/25/2025 99.9860 96.5830

CALLABLE
MOODY'S RATING A1
CUSIP 06406RBC0
1,615,000 BERKSHIRE HATHAWAY FIN 1,614,693.15 1,469,843.80 1.01 144,849.35- 1,650.89 DTD 03/15/2022 2.300% 03/15/2027 99.9810 91.0120

CALLABLE
MOODY'S RATING AA2
CUSIP 084664CZ2
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STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

MOODY'S RATING AAA
CUSIP 09690AAC7
530,000 BMW VEHICLE OWNER TRUST 529,972.44 515,753.60 0.36 14,218.84- 283.55 ASSET BCKD SEC SER 2022-A CL A3 99.9948 97.3120
DTD 05/18/2022 3.210% 08/25/2026

CALLABLE

MOODY'S RATING AAA
CUSIP 05602RAD3
755,000 CALIFORNIA ST 772,342.35 725,577.65 0.50 46,764.70- 9,060.00 TXBL-REF 102.2970 96.1030
DTD 10/24/19 2.400 10/01/2024
MOODY'S RATING AA2
CUSIP 13063DRK6
1,100,000 CATERPILLAR FINL SERVICE 1,111,517.00 1,046,144.00 0.72 65,373.00- 9,394.31 MED TERM NOTE 101.0470 95.1040
DTD 11/08/19 2.150 11/08/2024
MOODY'S RATING A2
CUSIP 14913Q3B3
960,000 CHARLES SCHWAB CORP 959,729.90 861,504.00 0.59 98,225.90- 1,829.33 DTD 03/03/2022 2.450% 03/03/2027 99.9719 89.7400

CALLABLE
MOODY'S RATING A2
CUSIP 808513BY0
2,100,000 FED HOME LN BK 2,222,418.00 2,074,464.00 1.43 147,954.00- 22,246.88 DTD 12/09/13 3.375 12/08/2023 105.8294 98.7840

MOODY'S RATING AAA
CUSIP 3130A0F70
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STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

MOODY'S RATING AAA
CUSIP 3130A0XE5
1,500,000 FED HOME LN BK 1,564,890.20 1,462,230.00 1.01 102,660.20- 12,817.71 DTD 05/08/14 2.875 06/14/2024 104.3260 97.4820

MOODY'S RATING AAA
CUSIP 3130A1XJ2
2,000,000 FED HOME LN BK 2,103,380.00 1,944,260.00 1.34 159,120.00- 2,875.00 DTD 08/15/14 2.875 09/13/2024 105.1690 97.2130

MOODY'S RATING AAA
CUSIP 3130A2UW4
1,300,000 FED HOME LN MTG CORP 1,398,414.06 1,263,574.00 0.87 134,840.06- 3,435.25 SER KO41 CL A2 *24 DAY DELAY* 107.5703 97.1980
DTD 12/01/14 3.171 10/25/2024
CUSIP 3137BFE98
1,000,000 FED HOME LN MTG CORP 1,037,656.25 989,560.00 0.68 48,096.25- 2,550.00 SER K033 CL A2 *24 DAY DELAY* 103.7656 98.9560
DTD 10/01/13 07/25/2023

MOODY'S RATING AAA
CUSIP 3137B4WB8
2,365,000 FED HOME LN MTG CORP 2,363,178.95 2,216,383.40 1.53 146,795.55- 4,828.54 DTD 02/14/20 1.500 02/12/2025 99.9230 93.7160

MOODY'S RATING AAA
CUSIP 3137EAEP0
1,250,000 FED HOME LN MTG CORP 1,243,775.00 1,121,437.50 0.77 122,337.50- 911.46 SER USD 99.5020 89.7150
DTD 07/23/20 0.375 07/21/2025

MOODY'S RATING AAA
CUSIP 3137EAEU9
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STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

MOODY'S RATING AAA
CUSIP 3137EAEX3
1,755,000 FED HOME LN MTG CORP 1,753,262.55 1,674,463.05 1.15 78,799.50- 1,425.94 DTD 12/04/20 0.250 12/04/2023 99.9010 95.4110

MOODY'S RATING AAA
CUSIP 3137EAFA2
1,500,000 FED NATL MTG ASSN 1,484,895.00 1,436,130.00 0.99 48,765.00- 6,489.58 DTD 07/08/19 1.750 07/02/2024 98.9930 95.7420

MOODY'S RATING AAA
CUSIP 3135G0V75
1,975,000 FED NATL MTG ASSN 1,965,802.75 1,873,899.75 1.29 91,903.00- 14,798.78 DTD 10/18/19 1.625 10/15/2024 99.5343 94.8810

MOODY'S RATING AAA
CUSIP 3135G0W66
1,295,000 FED NATL MTG ASSN 1,309,953.95 1,221,780.70 0.84 88,173.25- 4,910.21 DTD 01/10/20 1.625 01/07/2025 101.1548 94.3460

MOODY'S RATING AAA
CUSIP 3135G0X24
1,860,000 FED NATL MTG ASSN 1,856,168.40 1,694,980.80 1.17 161,187.60- 5,134.38 DTD 04/24/20 0.625 04/22/2025 99.7940 91.1280

MOODY'S RATING AAA
CUSIP 3135G03U5
2,500,000 FED NATL MTG ASSN 2,499,227.30 2,259,525.00 1.56 239,702.30- 3,611.11 DTD 06/19/20 0.500 06/17/2025 99.9691 90.3810

MOODY'S RATING AAA
CUSIP 3135G04Z3
2,500,000 FED NATL MTG ASSN 2,487,983.75 2,235,375.00 1.54 252,608.75- 937.50 DTD 08/27/20 0.375 08/25/2025 99.5194 89.4150

MOODY'S RATING AAA
CUSIP 3135G05X7
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STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

MOODY'S RATING AAA
CUSIP 3135G06G3
1,000,000 FHLMC MULTIFAMILY STRUCTURED P 1,079,687.50 958,300.00 0.66 121,387.50- 2,508.33 SER K049 CL A2 *24 DAY DELAY* 107.9688 95.8300
DTD 10/01/15 3.010 08/25/2025
CUSIP 3137BLMZ8
950,000 FHLMC MULTIFAMILY STRUCTURED P 1,018,132.81 917,367.50 0.63 100,765.31- 2,639.42 SER K050 CL A2 *24 DAY DELAY* 107.1719 96.5650
DTD 11/01/15 08/25/2025
CUSIP 3137BLW95
440,000 FHLMC MULTIFAMILY STRUCTURED P 453,079.69 424,155.60 0.29 28,924.09- 1,212.93 SER K051 CL A2 *24 DAY DELAY* 102.9727 96.3990
DTD 12/01/15 3.308 09/25/2025
CUSIP 3137BM7C4
570,000 FHLMC MULTIFAMILY STRUCTURED P 582,001.17 543,107.40 0.37 38,893.77- 1,422.63 SER K053 CL A2 *24 DAY DELAY* 102.1055 95.2820
DTD 03/01/16 2.995 12/25/2025
CUSIP 3137BN6G4
650,000 FHLMC MULTIFAMILY STRUCTURED P 687,451.17 605,332.00 0.42 82,119.17- 1,437.04 SER K058 CL A2 *24 DAY DELAY* 105.7617 93.1280
DTD 11/01/16 2.653 08/25/2026
CUSIP 3137BSP72
1,000,000 FHLMC MULTIFAMILY STRUCTURED P 1,053,867.19 992,160.00 0.68 61,707.19- 2,942.50 SER K034 CL A2 *24 DAY DELAY* 105.3867 99.2160
DTD 11/01/13 07/25/2023
CUSIP 3137B5JM6
1,000,000 FHLMC MULTIFAMILY STRUCTURED P 1,061,914.06 990,400.00 0.68 71,514.06- 2,939.17 SER K036 CL A2 *24 DAY DELAY* 106.1914 99.0400
DTD 02/01/14 10/25/2023

MOODY'S RATING AAA
CUSIP 3137B7MZ9
232
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STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

MOODY'S RATING AAA
CUSIP 36265MAC9
350,000 GM FINANCIAL SECURITIZED TERM 349,991.08 329,756.00 0.23 20,235.08- 99.17 SER 2021-4 CL A3 *0 DAY DELAY* 99.9975 94.2160
DTD 10/21/21 0.680 09/16/2026

MOODY'S RATING AAA
CUSIP 362554AC1
390,000 GM FINANCIAL SECURITIZED TERM 389,918.49 377,913.90 0.26 12,004.59- 503.75 ASSET BCKD SEC SER 2022-2 CL A3 99.9791 96.9010
DTD 04/13/2022 3.100% 02/16/2027

CALLABLE

MOODY'S RATING AAA
CUSIP 362585AC5
295,000 GM FINANCIAL SECURITIZED TERM 294,974.36 280,559.75 0.19 14,414.61- 154.88 SER 2022-1 CL A3 *0 DAY DELAY* 99.9913 95.1050
DTD 01/19/22 1.260 11/16/2026
CUSIP 380146AC4
1,400,000 GUARDIAN LIFE GLOB FUND 1,385,860.00 1,222,102.00 0.84 163,758.00- 3,777.08 144A PRIV PLCMT 0.875 12/10/2025 98.9900 87.2930
MOODY'S RATING AA1
CUSIP 40139LBC6
77,492.52 HONDA AUTO RECEIVABLES OWNER T 77,486.43 77,134.50 0.05 351.93- 28.24 SER 2020-2 CL A3 *0 DAY DELAY* 99.9922 99.5380
DTD 05/27/20 0.820 07/15/2024

MOODY'S RATING AAA
CUSIP 43813DAC2
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PAGE 9

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

PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 257,144.76 HONDA AUTO RECEIVABLES OWNER T 257,140.06 249,600.13 0.17 7,539.93- 19.29 SER 2021-1 CL A3 *0 DAY DELAY* 99.9982 97.0660
DTD 02/24/21 0.270 04/21/2025

MOODY'S RATING AAA
CUSIP 43813GAC5
379,188.47 HONDA AUTO RECEIVABLES OWNER T 379,132.77 370,872.87 0.26 8,259.90- 50.66 SER 2020-3 CL A3 *0 DAY DELAY* 99.9853 97.8070
DTD 09/29/20 0.370 10/18/2024
CUSIP 43813KAC6
740,000 HONDA AUTO RECEIVABLES OWNER T 739,888.70 703,007.40 0.48 36,881.30- 618.31 SER 2022-1 CL A3 *0 DAY DELAY* 99.9850 95.0010
DTD 02/23/22 1.000 05/15/2026

MOODY'S RATING AAA
CUSIP 43815BAC4
460,000 HONDA AUTO RECEIVABLES OWNER T 459,903.03 435,086.40 0.30 24,816.63- 112.44 SER 2021-4 CL A3 *0 DAY DELAY* 99.9789 94.5840
DTD 11/24/21 0.880 01/21/2026

MOODY'S RATING AAA
CUSIP 43815GAC3
67,249.4 HONDA AUTO RECEIVABLES OWNER T 67,136.36 67,177.44 0.05 41.08 53.20 SER 2019-3 CL A3 *0 DAY DELAY* 99.8319 99.8930
DTD 08/27/19 1.780 08/15/2023

MOODY'S RATING AAA
CUSIP 43815NAC8
790,000 HYUNDAI AUTO LEASE SECURITIZAT 789,881.50 770,621.30 0.53 19,260.20- 101.38 SER 2021-B CL A3 *0 DAY DELAY* 99.9850 97.5470
144A PRIV PLCMT 0.330 06/17/2024

MOODY'S RATING AAA
CUSIP 44891VAC5
540,000 HYUNDAI AUTO LEASE SECURITIZAT 539,988.07 519,777.00 0.36 20,211.07- 278.40 SER 2022-A CL A3 *0 DAY DELAY* 99.9978 96.2550
144A PRIV PLCMT 1.160 01/15/2025

MOODY'S RATING AAA
CUSIP 44891WAC3
234
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STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,010,000 HYUNDAI AUTO RECEIVABLES TRUST 1,009,961.12 968,579.90 0.67 41,381.22- 996.53 ASSET BCKD SEC SER 2022-A CL A3 99.9962 95.8990
DTD 03/16/2022 2.220% 10/15/2026

CALLABLE
CUSIP 448977AD0
515,000 HYUNDAI AUTO RECEIVABLES TRUST 514,945.82 497,778.40 0.34 17,167.42- 86.98 SER 2021-A CL A3 *0 DAY DELAY* 99.9895 96.6560
DTD 04/28/21 0.380 09/15/2025
CUSIP 44933LAC7
1,330,000 HYUNDAI AUTO RECEIVABLES TRUST 1,296,371.65 1,254,682.10 0.86 41,689.55- 437.42 SER 2021-C CL A3 *0 DAY DELAY* 97.4716 94.3370
DTD 11/17/21 0.740 05/15/2026
CUSIP 44935FAD6
2,800,000 INTER-AMERICAN DEVEL BK 2,792,300.00 2,683,072.00 1.85 109,228.00- 2,644.44 DTD 09/02/20 0.250 11/15/2023 99.7250 95.8240

MOODY'S RATING AAA
CUSIP 4581X0DP0
2,460,000 INTER-AMERICAN DEVEL BK 2,448,733.20 2,180,322.60 1.50 268,410.60- 9,626.46 DTD 04/20/21 0.875 04/20/2026 99.5420 88.6310

MOODY'S RATING AAA
CUSIP 4581X0DV7
2,400,000 INTL BK RECON & DEVELOP 2,388,859.25 2,135,040.00 1.47 253,819.25- 5,100.00 DTD 10/28/20 0.500 10/28/2025 99.5358 88.9600

MOODY'S RATING AAA
CUSIP 459058JL8
2,500,000 INTL FINANCE CORP 2,471,150.00 2,241,200.00 1.54 229,950.00- 1,953.13 DTD 07/16/20 0.375 07/16/2025 98.8460 89.6480

MOODY'S RATING AAA
CUSIP 45950KCT5
1,030,000 JOHN DEERE CAPITAL CORP 1,029,268.70 976,594.50 0.67 52,674.20- 952.75 MED TERM NOTE 99.9290 94.8150
DTD 03/04/21 0.450 01/17/2024
MOODY'S RATING A2
CUSIP 24422EVN6
235
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STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

NON CALLABLE

MOODY'S RATING AAA
CUSIP 47787JAC2
129,233.47 JOHN DEERE OWNER TRUST 129,213.77 126,697.91 0.09 2,515.86- 29.29 SER 2020-B CL A3 *0 DAY DELAY* 99.9848 98.0380
DTD 07/22/20 0.510 11/15/2024

MOODY'S RATING AAA
CUSIP 47787NAC3
56,564.67 JOHN DEERE OWNER TRUST 57,088.34 56,501.32 0.04 587.02- 55.56 SER 2019-B CL A3 *0 DAY DELAY* 100.9258 99.8880
DTD 07/24/19 2.210 12/15/2023

MOODY'S RATING AAA
CUSIP 477870AC3
102,654.91 JOHN DEERE OWNER TRUST 102,648.63 101,632.47 0.07 1,016.16- 50.19 SER 2020-A CL A3 *0 DAY DELAY* 99.9939 99.0040
DTD 03/11/20 1.100 08/15/2024

MOODY'S RATING AAA
CUSIP 47789KAC7
580,000 JOHN DEERE OWNER TRUST 579,948.26 547,955.00 0.38 31,993.26- 125.67 SER 2021-B CL A3 *0 DAY DELAY* 99.9911 94.4750
DTD 07/21/21 0.520 03/16/2026

MOODY'S RATING AAA
CUSIP 47789QAC4
655,000 JOHN DEERE OWNER TRUST 654,937.45 639,450.30 0.44 15,487.15- 1,088.76 ASSET BCKD SEC SER 2022-B CL A3 99.9905 97.6260
DTD 07/20/2022 3.740% 02/16/2027

NON CALLABLE

MOODY'S RATING AAA
CUSIP 47800AAC4
236
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STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 655,000 JPMORGAN CHASE & 655,406.85 605,861.90 0.42 49,544.95- 1,727.78 SER F2F 100.0621 92.4980
DTD 06/23/21 06/23/2025
MOODY'S RATING A1
CUSIP 46647PCK0
401,000 JPMORGAN CHASE & CO 415,969.33 365,347.09 0.25 50,622.24- 3,689.17 DTD 04/22/20 04/22/2026 103.7330 91.1090
MOODY'S RATING A1
CUSIP 46647PBK1
1,370,000 JPMORGAN CHASE & CO 1,371,773.90 1,268,304.90 0.87 103,469.00- 3,762.93 DTD 06/01/21 06/01/2025 100.1295 92.5770
MOODY'S RATING A1
CUSIP 46647PCH7
1,000,000 MASSMUTUAL GLOBAL FUNDIN 1,002,230.00 868,500.00 0.60 133,730.00- 2,500.00 144A PRIV PLCMT 1.200 07/16/2026 100.2230 86.8500
MOODY'S RATING AA3
CUSIP 57629WDE7
174,585.04 MERCEDES-BENZ AUTO LEASE TRUST 174,576.19 173,682.44 0.12 893.75- 31.04 SER 2020-B CL A3 *0 DAY DELAY* 99.9949 99.4830
DTD 09/23/20 0.400 11/15/2023
CUSIP 58769EAC2
1,115,000 MET LIFE GLOB FUNDING I 1,113,728.90 973,372.70 0.67 140,356.20- 4,645.83 144A PRIV PLCMT 1.875 01/11/2027 99.8860 87.2980
MOODY'S RATING AA3
CUSIP 59217GER6
770,000 MET TOWER GLOBAL FUNDING 769,291.60 662,284.70 0.46 107,006.90- 454.51 144A PRIV PLCMT 1.250 09/14/2026 99.9080 86.0110
MOODY'S RATING AA3
CUSIP 58989V2D5
650,000 MORGAN STANLEY 615,699.50 596,232.00 0.41 19,467.50- 6,044.35 DTD 04/28/20 04/28/2026 94.7230 91.7280
MOODY'S RATING A1
CUSIP 6174468Q5
237
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STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,680,000 NEW YORK LIFE GLOBAL FDG 1,678,185.60 1,553,949.60 1.07 124,236.00- 5,210.33 144A PRIV PLCMT 1.450 01/14/2025 99.8920 92.4970

MOODY'S RATING AAA
CUSIP 64952WEK5
304,874.18 NISSAN AUTO RECEIVABLES OWNER 306,386.60 303,724.80 0.21 2,661.80- 261.51 SER 2019-C CL A3 *0 DAY DELAY* 100.4961 99.6230
DTD 10/23/19 1.930 07/15/2024

MOODY'S RATING AAA
CUSIP 65479JAD5
670,000 NORTHERN TRUST CORP 668,914.60 646,067.60 0.44 22,847.00- 10,496.67 DTD 05/10/2022 4.000% 05/10/2027 99.8380 96.4280

CALLABLE
MOODY'S RATING A2
CUSIP 665859AW4
850,000 NORTHWESTERN MUTUAL GLBL 827,449.50 743,996.50 0.51 83,453.00- 1,454.44 144A PRIV PLCMT 0.800 01/14/2026 97.3470 87.5290

MOODY'S RATING AAA
CUSIP 66815L2A6
1,170,000 NORTHWESTERN MUTUAL GLBL 1,169,602.20 1,139,603.40 0.78 29,998.80- 11,700.00 DTD 07/01/2022 4.000% 07/01/2025 99.9660 97.4020

NON CALLABLE
144A PRIVATE PLACEMENT

MOODY'S RATING AAA
CUSIP 66815L2J7
370,000 PACCAR FINANCIAL CORP 369,182.30 353,068.80 0.24 16,113.50- 1,016.47 MED TERM NOTE 99.7790 95.4240
DTD 08/15/19 2.150 08/15/2024
MOODY'S RATING A1
CUSIP 69371RQ25
680,000 PACCAR FINANCIAL CORP 679,632.80 630,244.40 0.43 49,388.40- 491.11 MED TERM NOTE 99.9460 92.6830
DTD 08/09/21 0.500 08/09/2024
MOODY'S RATING A1
CUSIP 69371RR40
238
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STATEMENT OF ASSETS AND LIABILITIES
COST VALUE MARKET VALUE % TOTAL UNREALIZED

NON CALLABLE
MOODY'S RATING A1
CUSIP 69371RR73
904,000 PRICOA GLOBAL FUNDING 1 832,972.72 801,974.56 0.55 30,998.16- 602.67 144A PRIV PLCMT 0.800 09/01/2025 92.1430 88.7140
MOODY'S RATING AA3
CUSIP 74153WCM9
885,000 PRICOA GLOBAL FUNDING 1 884,088.45 816,005.40 0.56 68,083.05- 3,251.15 144A PRIV PLCMT 1.150 12/06/2024 99.8970 92.2040
MOODY'S RATING AA3
CUSIP 74153WCQ0
1,500,000 ROYAL BANK OF CANADA 1,533,359.18 1,438,365.00 0.99 94,994.18- 7,968.75 DTD 07/16/19 2.550 07/16/2024 102.2240 95.8910
MOODY'S RATING A1
CUSIP 78013XZU5
1,050,000 ROYAL BANK OF CANADA 1,049,611.50 1,010,352.00 0.70 39,259.50- 16,439.06 MEDIUM TERM NOTE 99.9630 96.2240

CONVERTIBLE
DTD 04/14/2022 3.375% 04/14/2025

NON CALLABLE
MOODY'S RATING A1
CUSIP 78016EZ59
1,760,000 SALESFORCE.COM INC 1,748,937.40 1,640,513.60 1.13 108,423.80- 2,322.22 DTD 07/12/21 0.625 07/15/2024 99.3715 93.2110
MOODY'S RATING A2
CUSIP 79466LAG9
1,500,000 TORONTO-DOMINION BANK 1,527,255.00 1,440,555.00 0.99 86,700.00- 12,035.42 MED TERM NOTE 101.8170 96.0370
DTD 06/12/19 2.650 06/12/2024
MOODY'S RATING A1
CUSIP 89114QCA4
239
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PAGE 15

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

MOODY'S RATING AAA
CUSIP 89240BAC2
700,000 TOYOTA LEASE OWNER TRUST 686,000.00 686,497.00 0.47 497.00 68.25 SER 2021-A CL A3 *0 DAY DELAY* 98.0000 98.0710
144A PRIV PLCMT 0.390 04/22/2024

MOODY'S RATING AAA
CUSIP 89238EAC0
1,150,000 TOYOTA LEASE OWNER TRUST 1,149,818.99 1,108,278.00 0.76 41,540.99- 688.72 ASSET BCKD SEC SER 2022-A CL A3 99.9843 96.3720
DTD 02/28/2022 1.960% 02/20/2025

CALLABLE
144A PRIVATE PLACEMENT
CUSIP 89238LAC4
1,385,000 TOYOTA MOTOR CREDIT CORP 1,384,390.60 1,211,528.75 0.83 172,861.85- 4,457.97 MED TERM NOTE 99.9560 87.4750
DTD 06/18/21 1.125 06/18/2026
MOODY'S RATING A1
CUSIP 89236TJK2
240
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PAGE 16

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

MOODY'S RATING AAA
CUSIP 91282CED9
3,000,000 UNITED STATES TREASURY NOTES 3,018,222.66 2,891,250.00 1.99 126,972.66- 24,639.95 DTD 06/30/2022 3.250% 06/30/2027 100.6074 96.3750

MOODY'S RATING AAA
CUSIP 91282CEW7
400,000 UNITED STATES TREASURY NOTES 393,218.75 376,656.00 0.26 16,562.75- 1,853.26 DTD 07/31/2022 2.750% 07/31/2027 98.3047 94.1640

MOODY'S RATING AAA
CUSIP 91282CFB2
4,500,000 UNITED STATES TREASURY NOTES 4,468,902.34 4,316,490.00 2.97 152,412.34- 12,042.47 DTD 08/31/2022 3.125% 08/31/2027 99.3090 95.9220

MOODY'S RATING AAA
CUSIP 91282CFH9
1,035,000 UNITEDHEALTH GROUP INC 1,025,051.35 915,954.30 0.63 109,097.05- 4,496.50 DTD 05/19/21 1.150 05/15/2026 99.0388 88.4980
MOODY'S RATING A3
CUSIP 91324PEC2
675,000 UNITEDHEALTH GROUP INC 675,316.70 642,161.25 0.44 33,155.45- 9,088.13 DTD 05/20/2022 3.700% 05/15/2027 100.0469 95.1350

CALLABLE
MOODY'S RATING A3
CUSIP 91324PEG3
1,250,000 US BANCORP 1,268,262.50 1,199,075.00 0.83 69,187.50- 5,083.33 DTD 07/29/19 2.400 07/30/2024 101.4610 95.9260
MOODY'S RATING A2
CUSIP 91159HHX1
241
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PAGE 17

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

MOODY'S RATING AAA
CUSIP 91282CAB7
2,400,000 US TREASURY NOTE 2,366,140.63 2,133,000.00 1.47 233,140.63- 16.48 DTD 09/30/20 0.250 09/30/2025 98.5892 88.8750

MOODY'S RATING AAA
CUSIP 91282CAM3
2,450,000 US TREASURY NOTE 2,422,492.19 2,169,695.50 1.49 252,796.69- 2,563.18 DTD 10/31/20 0.250 10/31/2025 98.8772 88.5590

MOODY'S RATING AAA
CUSIP 91282CAT8
2,250,000 US TREASURY NOTE 2,209,658.20 1,994,850.00 1.37 214,808.20- 2,835.55 DTD 11/30/20 0.375 11/30/2025 98.2070 88.6600

MOODY'S RATING AAA
CUSIP 91282CAZ4
2,500,000 US TREASURY NOTE 2,456,445.31 2,202,150.00 1.52 254,295.31- 1,579.48 DTD 02/01/21 0.375 01/31/2026 98.2578 88.0860

MOODY'S RATING AAA
CUSIP 91282CBH3
1,450,000 US TREASURY NOTE 1,446,488.28 1,367,364.50 0.94 79,123.78- 160.22 DTD 03/15/21 0.250 03/15/2024 99.7578 94.3010

MOODY'S RATING AAA
CUSIP 91282CBR1
2,500,000 US TREASURY NOTE 2,493,652.34 2,213,775.00 1.52 279,877.34- 7,846.47 DTD 04/30/21 0.750 04/30/2026 99.7461 88.5510

MOODY'S RATING AAA
CUSIP 91282CBW0
1,400,000 US TREASURY NOTE 1,379,054.68 1,231,622.00 0.85 147,432.68- 33.65 DTD 09/30/21 0.875 09/30/2026 98.5039 87.9730

MOODY'S RATING AAA
CUSIP 91282CCZ2
242
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PAGE 18

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

MOODY'S RATING AAA
CUSIP 912828B66
1,700,000 US TREASURY NOTE 1,753,191.41 1,641,622.00 1.13 111,569.41- 5,156.59 DTD 08/15/14 2.375 08/15/2024 103.1289 96.5660

MOODY'S RATING AAA
CUSIP 912828D56
1,500,000 US TREASURY NOTE 1,529,472.66 1,463,085.00 1.01 66,387.66- 8,529.21 DTD 01/03/17 2.250 12/31/2023 101.9649 97.5390

MOODY'S RATING AAA
CUSIP 912828V23
2,000,000 US TREASURY NOTE 2,018,574.22 1,923,120.00 1.32 95,454.22- 10,108.70 DTD 06/30/17 2.000 06/30/2024 100.9287 96.1560

MOODY'S RATING AAA
CUSIP 912828XX3
1,700,000 US TREASURY NOTE 1,705,976.56 1,639,769.00 1.13 66,207.56- 14,228.26 DTD 05/01/17 2.000 04/30/2024 100.3516 96.4570

MOODY'S RATING AAA
CUSIP 912828X70
2,100,000 US TREASURY NOTE 2,087,203.13 1,989,750.00 1.37 97,453.13- 9,287.36 DTD 12/31/19 1.750 12/31/2024 99.3906 94.7500
CUSIP 912828YY0
1,500,000 US TREASURY NOTE 1,523,144.53 1,393,005.00 0.96 130,139.53- 1,445.10 DTD 03/02/20 1.125 02/28/2025 101.5430 92.8670

MOODY'S RATING AAA
CUSIP 912828ZC7
243
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PAGE 19

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

MOODY'S RATING AAA
CUSIP 912828ZL7
570,000 VERIZON MASTER TRUST 569,974.92 564,408.30 0.39 5,566.62- 647.90 ASSET BCKD SEC SER 2022-5 CL A1A 99.9956 99.0190
DTD 08/11/2022 VAR CPN 07/20/2027

CALLABLE
CUSIP 92348KAV5
703,950.04 VERIZON OWNER TRUST 703,802.21 693,066.97 0.48 10,735.24- 101.10 SER 2020-B CL A *0 DAY DELAY* 99.9790 98.4540
DTD 08/12/20 0.470 02/20/2025

MOODY'S RATING AAA
CUSIP 92290BAA9
87,146.08 VERIZON OWNER TRUST 87,139.36 86,946.52 0.06 192.84- 51.66 SER 2019-C CL A1A *0 DAY DELAY* 99.9923 99.7710
144A PRIV PLCMT 1.940 04/22/2024
CUSIP 92348AAA3
350,000 WALMART INC 349,338.50 305,392.50 0.21 43,946.00- 142.92 DTD 09/17/21 1.050 09/17/2026 99.8110 87.2550
MOODY'S RATING AA2
CUSIP 931142ER0
TOTAL BOND & NOTES 155,753,877.62 145,006,694.37 99.83 10,747,183.25- 512,462.62 ====================================================================================================================================== TOTAL INVESTMENTS 155,998,078.10 145,250,894.85 100.00 10,747,183.25- 512,716.16 TOTAL ACCRUALS 512,716.16 512,716.16
====================================================================================================================================== TOTAL ACCRUALS AND INVESTMENTS 156,510,794.26 145,763,611.01 244
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PAGE 20

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

CASH SUMMARY

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

RECEIPTS
NET INTEREST COLLECTED 0.00 193,979.95
TRANSFER RECEIPTS 193,979.95 0.00
SALES 1,484,134.93 0.00
CASH MANAGEMENT SALES 313,414.31 0.00
TOTAL CASH RECEIPTS 1,991,529.19 193,979.95

DISBURSEMENTS
INVESTMENT MANAGEMENT EXPENSES 9,118.15- 0.00
TRANSFER DISBURSEMENTS 0.00 193,979.95-
PURCHASES 1,479,332.03- 0.00
CASH MANAGEMENT PURCHASES 503,079.01- 0.00
TOTAL CASH DISBURSEMENTS 1,991,529.19- 193,979.95-
ENDING BALANCE 0.00 0.00
________________________________________________________________________________________________________________________________________ 245
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PAGE 21

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

STATEMENT OF TRANSACTIONS

REALIZED

CASH EQUIVALENTS
09/01/22 INTEREST RECEIVED 572.62
AS 100% TREAS MM FD-SVC CL #008
INTEREST FROM 8/1/22 TO 8/31/22
09/01/22 INTEREST RECEIVED 45.84

PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM
INTEREST FROM 8/1/22 TO 8/31/22
09/30/22 503,033.17 CASH SWEEP PURCHASES FOR STMT PERIOD 503,033.17- 503,033.17 AS 100% TREAS MM FD-SVC CL #008
16 TRANSACTIONS
09/30/22 45.84 CASH SWEEP PURCHASES FOR STMT PERIOD 45.84- 45.84

PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM
1 TRANSACTIONS
09/30/22 313,414.31- CASH SWEEP SALES FOR STMT PERIOD 313,414.31 313,414.31- AS 100% TREAS MM FD-SVC CL #008
4 TRANSACTIONS

BONDS & NOTES
09/15/22 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 9/15/22
09/15/22 INTEREST RECEIVED 3,884.38
AMERICAN EXPRESS ABS 3.390% 5/17/27
CUSIP 02582JJT8
$0.00283/PV ON 1,375,000.00 PV
DUE 9/15/22
246
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PAGE 22

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/15/22 INTEREST RECEIVED 18,572.50
BERKSHIRE HATH 2.300% 3/15/27
CUSIP 084664CZ2
INTEREST ON 1,615,000.000 UNITS
09/26/22 INTEREST RECEIVED 116.88
BMW VEHICLE LEASE TR 0.330% 12/26/24
CUSIP 09690AAC7
$0.00027/PV ON 425,000.00 PV
DUE 9/25/22
09/26/22 INTEREST RECEIVED 412.50
BMW VEHICLE LEASE TR 1.100% 3/25/25
CUSIP 05601XAC3
09/26/22 INTEREST RECEIVED 1,417.75
BMW VEHICLE OWN ABS 3.210% 8/25/26
CUSIP 05602RAD3
09/06/22 INTEREST RECEIVED 11,760.00
CHARLES SCHWAB CORP 2.450% 3/03/27
CUSIP 808513BY0
INTEREST ON 960,000.000 UNITS
09/08/22 INTEREST RECEIVED 4,750.00
FED HOME LN BK 2.375% 9/08/23
CUSIP 3130A3DL5
INTEREST ON 400,000.000 UNITS
09/09/22 400,000- SOLD 395,092.00 413,264.00- 18,172.00- FED HOME LN BK 2.375% 9/08/23
CUSIP 3130A3DL5
AT $98.7730 ON TRADE DATE 09/08/2022
TO SETTLE ON 09/09/2022

MELLON BANK/CAPITAL MARKETS
247
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PAGE 23

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/09/22 ACCRUED INTEREST ON SALE 26.39
FED HOME LN BK 2.375% 9/08/23
CUSIP 3130A3DL5
09/13/22 INTEREST RECEIVED 28,750.00
FED HOME LN BK 2.875% 9/13/24
CUSIP 3130A2UW4
INTEREST ON 2,000,000.000 UNITS
09/08/22 INTEREST RECEIVED 24,375.00
FED HOME LN BK 3.250% 3/08/24
CUSIP 3130A0XE5
INTEREST ON 1,500,000.000 UNITS
09/23/22 INTEREST RECEIVED 4,687.50
FED HOME LN MTG CORP 0.375% 9/23/25
CUSIP 3137EAEX3
INTEREST ON 2,500,000.000 UNITS
09/26/22 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 9/25/22
09/26/22 INTEREST RECEIVED 1,437.04
FHLMC MULTIFAMILY ST 2.653% 8/25/26
CUSIP 3137BSP72
$0.00221/PV ON 650,000.00 PV
DUE 9/25/22
09/26/22 INTEREST RECEIVED 1,422.62
FHLMC MULTIFAMILY ST 2.995% 12/25/25
CUSIP 3137BN6G4
$0.00250/PV ON 570,000.00 PV
DUE 9/25/22
248
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PAGE 24

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/26/22 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 9/25/22
09/26/22 INTEREST RECEIVED 1,212.93
FHLMC MULTIFAMILY ST 3.308% 9/25/25
CUSIP 3137BM7C4
$0.00276/PV ON 440,000.00 PV
DUE 9/25/22
09/23/22 INTEREST RECEIVED 1,007.50
GM FINANCIAL ABS 3.100% 2/16/27
CUSIP 362585AC5
09/20/22 INTEREST RECEIVED 313.63
GM FINANCIAL AUTOMOB 0.390% 10/21/24
CUSIP 36262XAC8
$0.00032/PV ON 965,000.00 PV
DUE 9/20/22
09/20/22 INTEREST RECEIVED 1,496.25
GM FINANCIAL AUTOMOB 1.850% 3/20/25
CUSIP 36265MAC9
$0.00158/PV ON 945,000.00 PV
DUE 9/20/22
09/16/22 INTEREST RECEIVED 198.33
GM FINANCIAL SECURIT 0.680% 9/16/26
CUSIP 362554AC1
$0.00057/PV ON 350,000.00 PV
DUE 9/16/22
09/16/22 INTEREST RECEIVED 309.75
GM FINANCIAL SECURIT 1.260% 11/16/26
CUSIP 380146AC4
$0.00105/PV ON 295,000.00 PV
DUE 9/16/22
249
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PAGE 25

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/21/22 INTEREST RECEIVED 62.12
HONDA AUTO RECEIVABL 0.270% 4/21/25
CUSIP 43813GAC5
$0.00023/PV ON 276,106.97 PV
DUE 9/21/22
09/21/22 18,962.21- PAID DOWN 18,962.21 18,961.86- 0.35 HONDA AUTO RECEIVABL 0.270% 4/21/25
CUSIP 43813GAC5
09/19/22 INTEREST RECEIVED 127.11
HONDA AUTO RECEIVABL 0.370% 10/18/24
CUSIP 43813KAC6
$0.00031/PV ON 412,256.56 PV
DUE 9/18/22
09/19/22 33,068.09- PAID DOWN 33,068.09 33,063.23- 4.86 HONDA AUTO RECEIVABL 0.370% 10/18/24
CUSIP 43813KAC6
TO SETTLE ON 09/19/2022
09/15/22 INTEREST RECEIVED 58.65
HONDA AUTO RECEIVABL 0.820% 7/15/24
CUSIP 43813DAC2
$0.00068/PV ON 85,823.19 PV
DUE 9/15/22
09/15/22 8,330.67- PAID DOWN 8,330.67 8,330.01- 0.66
HONDA AUTO RECEIVABL 0.820% 7/15/24
CUSIP 43813DAC2
09/21/22 INTEREST RECEIVED 337.33
HONDA AUTO RECEIVABL 0.880% 1/21/26
CUSIP 43815GAC3
$0.00073/PV ON 460,000.00 PV
DUE 9/21/22
250
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PAGE 26

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/15/22 INTEREST RECEIVED 1,159.33
HONDA AUTO RECEIVABL 1.000% 5/15/26
CUSIP 43815BAC4
$0.00157/PV ON 740,000.00 PV
DUE 9/15/22
09/15/22 INTEREST RECEIVED 163.59
HONDA AUTO RECEIVABL 1.780% 8/15/23
CUSIP 43815NAC8
$0.00148/PV ON 110,281.49 PV
DUE 9/15/22
09/15/22 43,032.09- PAID DOWN 43,032.09 42,959.75- 72.34 HONDA AUTO RECEIVABL 1.780% 8/15/23
CUSIP 43815NAC8
09/15/22 INTEREST RECEIVED 217.25
HYUNDAI AUTO LEASE 0.330% 6/17/24
CUSIP 44891VAC5
$0.00027/PV ON 790,000.00 PV
DUE 9/15/22
09/15/22 INTEREST RECEIVED 522.00
HYUNDAI AUTO LEASE 1.160% 1/15/25
CUSIP 44891WAC3
$0.00097/PV ON 540,000.00 PV
DUE 9/15/22
09/15/22 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 9/15/22
09/15/22 INTEREST RECEIVED 163.08
HYUNDAI AUTO RECEIVA 0.380% 9/15/25
CUSIP 44933LAC7
$0.00032/PV ON 515,000.00 PV
DUE 9/15/22
251
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PAGE 27

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/15/22 INTEREST RECEIVED 820.17
HYUNDAI AUTO RECEIVA 0.740% 5/15/26
CUSIP 44935FAD6
$0.00062/PV ON 1,330,000.00 PV
DUE 9/15/22
09/15/22 INTEREST RECEIVED 870.00
JOHN DEERE OWNER ABS 2.320% 9/16/26
CUSIP 47787JAC2
$0.00193/PV ON 450,000.00 PV
DUE 9/15/22
09/15/22 INTEREST RECEIVED 3,742.60
JOHN DEERE OWNER ABS 3.740% 2/16/27
CUSIP 47800AAC4
$0.00571/PV ON 655,000.00 PV
DUE 9/15/22
09/15/22 INTEREST RECEIVED 59.43
JOHN DEERE OWNER TRU 0.510% 11/15/24
CUSIP 47787NAC3
$0.00042/PV ON 139,828.63 PV
DUE 9/15/22
09/15/22 10,595.16- PAID DOWN 10,595.16 10,593.55- 1.61 JOHN DEERE OWNER TRU 0.510% 11/15/24
CUSIP 47787NAC3
09/15/22 INTEREST RECEIVED 251.33
JOHN DEERE OWNER TRU 0.520% 3/16/26
CUSIP 47789QAC4
$0.00043/PV ON 580,000.00 PV
DUE 9/15/22
09/15/22 INTEREST RECEIVED 104.96
JOHN DEERE OWNER TRU 1.100% 8/15/24
CUSIP 47789KAC7
$0.00092/PV ON 114,500.71 PV
DUE 9/15/22
252
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PAGE 28

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/15/22 11,845.8- PAID DOWN 11,845.80 11,845.08- 0.72
JOHN DEERE OWNER TRU 1.100% 8/15/24
CUSIP 47789KAC7
09/15/22 INTEREST RECEIVED 140.49
JOHN DEERE OWNER TRU 2.210% 12/15/23
CUSIP 477870AC3
$0.00184/PV ON 76,282.57 PV
DUE 9/15/22
09/15/22 19,717.9- PAID DOWN 19,717.90 19,900.44- 182.54- JOHN DEERE OWNER TRU 2.210% 12/15/23
CUSIP 477870AC3
09/15/22 INTEREST RECEIVED 69.85
MERCEDES-BENZ AUTO 0.400% 11/15/23
CUSIP 58769EAC2
$0.00033/PV ON 209,551.58 PV
DUE 9/15/22
09/15/22 34,966.54- PAID DOWN 34,966.54 34,964.77- 1.77 MERCEDES-BENZ AUTO 0.400% 11/15/23
CUSIP 58769EAC2
09/15/22 INTEREST RECEIVED 579.32
NISSAN AUTO RECEIVAB 1.930% 7/15/24
CUSIP 65479JAD5
$0.00161/PV ON 360,199.61 PV
DUE 9/15/22
09/15/22 55,325.43- PAID DOWN 55,325.43 55,599.89- 274.46- NISSAN AUTO RECEIVAB 1.930% 7/15/24
CUSIP 65479JAD5
09/14/22 INTEREST RECEIVED 4,812.50
P/P MET TOWER GLOBAL 1.250% 9/14/26
CUSIP 58989V2D5
INTEREST ON 770,000.000 UNITS
253
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PAGE 29

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/01/22 INTEREST RECEIVED 3,616.00
P/P PRICOA GLOBAL FU 0.800% 9/01/25
CUSIP 74153WCM9
INTEREST ON 904,000.000 UNITS
09/15/22 INTEREST RECEIVED 213.72
TOYOTA AUTO RECEIVAB 0.260% 5/15/25
CUSIP 89240BAC2
$0.00022/PV ON 986,412.54 PV
DUE 9/15/22
09/15/22 65,209.6- PAID DOWN 65,209.60 65,197.50- 12.10 TOYOTA AUTO RECEIVAB 0.260% 5/15/25
CUSIP 89240BAC2
09/15/22 INTEREST RECEIVED 92.32
TOYOTA AUTO RECEIVAB 0.350% 1/15/25
CUSIP 89236XAC0
$0.00029/PV ON 316,534.22 PV
DUE 9/15/22
09/15/22 28,307.02- PAID DOWN 28,307.02 28,301.75- 5.27 TOYOTA AUTO RECEIVAB 0.350% 1/15/25
CUSIP 89236XAC0
09/15/22 INTEREST RECEIVED 254.42
TOYOTA AUTO RECEIVAB 0.710% 4/15/26
CUSIP 89238JAC9
$0.00059/PV ON 430,000.00 PV
DUE 9/15/22
09/20/22 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 9/20/22
254
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PAGE 30

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/20/22 INTEREST RECEIVED 227.50
TOYOTA LEASE OWNER 0.390% 4/22/24
CUSIP 89238EAC0
$0.00032/PV ON 700,000.00 PV
DUE 9/20/22
09/15/22 INTEREST RECEIVED 27,125.00
U.S. TREASURY NOTES 1.750% 3/15/25
CUSIP 91282CED9
INTEREST ON 3,100,000.000 UNITS
09/09/22 1,100,000 PURCHASED 1,089,644.53- 1,089,644.53 U.S. TREASURY NOTES 3.125% 8/31/27
CUSIP 91282CFH9
AT $99.0586 ON TRADE DATE 09/08/2022
TO SETTLE ON 09/09/2022

CITADEL DERIVATIVES GROUP LLC
09/09/22 ACCRUED INTEREST ON PURCHASE 854.63-
U.S. TREASURY NOTES 3.125% 8/31/27
CUSIP 91282CFH9
09/20/22 400,000 PURCHASED 389,687.50- 389,687.50
U.S. TREASURY NOTES 3.125% 8/31/27
CUSIP 91282CFH9
AT $97.4219 ON TRADE DATE 09/19/2022
TO SETTLE ON 09/20/2022

CITADEL DERIVATIVES GROUP LLC
09/20/22 ACCRUED INTEREST ON PURCHASE 690.61-
U.S. TREASURY NOTES 3.125% 8/31/27
CUSIP 91282CFH9
09/15/22 INTEREST RECEIVED 1,812.50
US TREASURY NOTE 0.250% 3/15/24
SEDOL BMDB780
INTEREST ON 1,450,000.000 UNITS
255
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PAGE 31

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/30/22 INTEREST RECEIVED 3,000.00
US TREASURY NOTE 0.250% 9/30/25
CUSIP 91282CAM3
INTEREST ON 2,400,000.000 UNITS
09/30/22 INTEREST RECEIVED 6,125.00
US TREASURY NOTE 0.875% 9/30/26
CUSIP 91282CCZ2
INTEREST ON 1,400,000.000 UNITS
09/09/22 650,000- SOLD 636,542.97 641,405.27- 4,862.30- US TREASURY NOTE 1.625% 10/31/23
CUSIP 912828T91
AT $97.9297 ON TRADE DATE 09/08/2022
TO SETTLE ON 09/09/2022
J.P. MORGAN SECURITIES INC., -
09/09/22 ACCRUED INTEREST ON SALE 3,788.72
US TREASURY NOTE 1.625% 10/31/23
CUSIP 912828T91
09/21/22 INTEREST RECEIVED 2,297.10
VERIZON MAST ABS V-M 3.720% 7/20/27
CUSIP 92348KAV5
09/20/22 INTEREST RECEIVED 313.33
VERIZON OWNER TRUST 0.470% 2/20/25
CUSIP 92290BAA9
$0.00039/PV ON 800,000.00 PV
DUE 9/20/22
09/20/22 96,049.96- PAID DOWN 96,049.96 96,029.79- 20.17 VERIZON OWNER TRUST 0.470% 2/20/25
CUSIP 92290BAA9
256
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PAGE 32

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/20/22 INTEREST RECEIVED 184.68
VERIZON OWNER TRUST 1.940% 4/22/24
CUSIP 92348AAA3
$0.00162/PV ON 114,235.57 PV
DUE 9/20/22
09/20/22 27,089.49- PAID DOWN 27,089.49 27,087.40- 2.09 VERIZON OWNER TRUST 1.940% 4/22/24
CUSIP 92348AAA3
09/26/22 INTEREST RECEIVED 2,550.00
VR FED HOME LN MTG 3.060% 7/25/23
CUSIP 3137B4WB8
$0.00255/PV ON 1,000,000.00 PV
DUE 9/25/22
09/26/22 INTEREST RECEIVED 2,639.42
VR FHLMC MULTIFAMI 3.334% 8/25/25
CUSIP 3137BLW95
$0.00278/PV ON 950,000.00 PV
DUE 9/25/22
09/26/22 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 9/25/22
09/26/22 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 9/25/22
09/19/22 INTEREST RECEIVED 1,837.50
WALMART INC 1.050% 9/17/26
CUSIP 931142ER0
INTEREST ON 350,000.000 UNITS
257
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PAGE 33

STATEMENT OF TRANSACTIONS

REALIZED

TRANSFER RECEIPTS
09/01/22 ADDITION TO ACCOUNT 4,234.46

TRANSFER FROM INCOME
09/06/22 ADDITION TO ACCOUNT 11,760.00

TRANSFER FROM INCOME
09/08/22 ADDITION TO ACCOUNT 29,125.00

TRANSFER FROM INCOME
09/09/22 ADDITION TO ACCOUNT 2,960.48

TRANSFER FROM INCOME
09/13/22 ADDITION TO ACCOUNT 28,750.00

TRANSFER FROM INCOME
09/14/22 ADDITION TO ACCOUNT 4,812.50

TRANSFER FROM INCOME
09/15/22 ADDITION TO ACCOUNT 60,928.68

TRANSFER FROM INCOME
09/16/22 ADDITION TO ACCOUNT 5,170.17

TRANSFER FROM INCOME
09/19/22 ADDITION TO ACCOUNT 1,964.61

TRANSFER FROM INCOME
09/20/22 ADDITION TO ACCOUNT 3,723.11

TRANSFER FROM INCOME
09/21/22 ADDITION TO ACCOUNT 399.45

TRANSFER FROM INCOME
258
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PAGE 34

STATEMENT OF TRANSACTIONS

REALIZED

TRANSFER FROM INCOME
09/23/22 ADDITION TO ACCOUNT 4,687.50

TRANSFER FROM INCOME
09/26/22 ADDITION TO ACCOUNT 22,211.64

TRANSFER FROM INCOME
09/27/22 ADDITION TO ACCOUNT 1,830.25

TRANSFER FROM INCOME
09/30/22 ADDITION TO ACCOUNT 9,125.00

TRANSFER FROM INCOME

INVESTMENT MANAGEMENT EXPENSES
09/06/22 INVESTMENT MGMT FEE 9,118.15-

PAID TO CHANDLER ASSET MANAGEMENT INC

CHANDLER ASSET MGMT FEE INV
2208CUPERTIN

TRANSFER DISBURSEMENTS
09/01/22 TRANSFER TO PRINCIPAL 4,234.46-
09/06/22 TRANSFER TO PRINCIPAL 11,760.00-
09/08/22 TRANSFER TO PRINCIPAL 29,125.00-
09/09/22 TRANSFER TO PRINCIPAL 2,960.48-
09/13/22 TRANSFER TO PRINCIPAL 28,750.00-
09/14/22 TRANSFER TO PRINCIPAL 4,812.50-
259
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PAGE 35

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/15/22 TRANSFER TO PRINCIPAL 60,928.68-
09/16/22 TRANSFER TO PRINCIPAL 5,170.17-
09/19/22 TRANSFER TO PRINCIPAL 1,964.61-
09/20/22 TRANSFER TO PRINCIPAL 3,723.11-
09/21/22 TRANSFER TO PRINCIPAL 399.45-
09/22/22 TRANSFER TO PRINCIPAL 2,297.10-
09/23/22 TRANSFER TO PRINCIPAL 4,687.50-
09/26/22 TRANSFER TO PRINCIPAL 22,211.64-
09/27/22 TRANSFER TO PRINCIPAL 1,830.25-
09/30/22 TRANSFER TO PRINCIPAL 9,125.00-
================================================================================================================= ENDING BALANCE 0.00 155,998,078.10
¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
260
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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 36

PENDING TRADES SCHEDULE CITY OF CUPERTINO
FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 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
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,000,000 FHLMC MULTIFAMILY ST 3.244% 8/25/27 09/28/22 10/03/22 180.22- 950,664.06- 943,990.00 PRICE: 95.0664
CUSIP 3137FBBX3
250,000 U.S. TREASURY NOTES 3.250% 6/30/27 09/28/22 10/03/22 2,097.49- 242,089.84- 240,937.50 PRICE: 96.8359
CUSIP 91282CEW7
==================================================================================================================================== TOTAL PENDING PURCHASES 2,277.71- 1,192,753.90- 1,184,927.50

PENDING SALES
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,000,000- VR FHLMC MULTIFAMILY 3.531% 7/25/23 09/28/22 10/03/22 196.17 992,773.44 992,160.00- PRICE: 99.2773
CUSIP 3137B5JM6
==================================================================================================================================== TOTAL PENDING SALES 196.17 992,773.44 992,160.00-
____________________________________________________________________________________________________________________________________ NET PENDING TRADES 2,081.54- 199,980.46- 192,767.50
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CITY OF CUPERTINO
PARS Post-Employment Benefits Trust 9/1/2022 to 9/30/2022 Kristina Alfaro
Director of Administrative Services
City of Cupertino
10300 Torre Ave.

Cupertino, CA 95014
Account Summary
Source 9/1/2022 Contributions Earnings Expenses Distributions Transfers 9/30/2022 OPEB 1001 $32,172,804.96 $0.00 -$2,370,360.51 $9,609.64 $0.00 $0.00 $29,792,834.81 PENSION 1002 $17,693,782.10 $0.00 -$1,302,893.51 $5,286.50 $0.00 $0.00 $16,385,602.09 Totals $49,866,587.06 $0.00 -$3,673,254.02 $14,896.14 $0.00 $0.00 $46,178,436.90 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 -7.37% -4.85% -20.39% 0.86% 2.46% 4.72% 6/21/2010
PENSION -7.36% -4.87% -20.38% 2.06% - - 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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10/3/22, 11:58 AM 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
October 03, 2022
LAIF Home
PMIA Average Monthly
Yields

CITY OF CUPERTINO

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

September 2022 Statement
Tran Type Definitions
Account Summary
Total Deposit 0 00 Beginning Balance 21,099,180 18
Total Withdrawal: 0.00 Ending Balance: 21,099,180.18
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CITY OF CUPERTINO
Agenda Item
22-11742 Agenda Date:
11/15/2022 Agenda #:

14. Subject: Consider the Treasurer's Investment Report for Quarter Ending September 30, 2022 Accept the Treasurer's Investment Report for Quarter Ending September 30, 2022 CITY OF CUPERTINO Page 1 of 1 Printed on 11/9/2022
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CITY COUNCIL STAFF REPORT
Meeting: November 15, 2022
Subject
Consider the Treasurer's Investment Report for Quarter Ending September 30, 2022 Recommended Action
Accept the Treasurer's Investment Report for Quarter Ending September 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 September 30, 2022. The report is as of October 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 September 30, 2022, the City's General Ledger cash and investments balance was $216.6 million, a $2.6 million decrease from the prior quarter. 265
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2 Cash and Investments – General Ledger Balance
Fund Type Quarter Ending
June 30, 2022
Quarter Ending
September 30, 2022
General Fund 116,013,718 105,329,003
Special Revenue 45,485,096 45,588,397
Debt Service 6,850 2,682,650
Capital Projects 37,826,578 40,034,177
Enterprise 12,276,728 12,476,572
Internal Service 7,615,442 10,453,792
Total $219,224,412 $216,564,592
The $216.6 million in cash and investments includes $30.0 million in cash, $21.1 million in cash equivalents, $148.3 million in investments, and $17.2 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. 266
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3 Cash and Investments – General Ledger Balance
Quarter Ending
June 30, 2022
Quarter Ending
September 30,
2022
% of
Portfolio
Cash in banks and on hand
Operating Checking (Wells Fargo) 32,634,316 29,966,945 14% Workers' Compensation Checking (Wells Fargo) 17,654 25,305 0% Payroll Checking (Wells Fargo) - - 0%
Restricted for Bond Repayments1(BNY Mellon) 8,333 8,333 0% Petty Cash and Change 5,100 5,000 0%
Cash Equivalents
Local Agency Investment Fund 21,059,752 21,059,752 10%
Investments
Investments (Chandler) 148,259,206 148,259,206 68%
Restricted for Pension2(PARS) 17,240,051 17,240,051 8%
Total Cash and Investments3 $219,224,412 $216,564,592 100% 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. 267
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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
June 30, 2022
Quarter Ending
September 30,
2022
% of
Portfolio
Cash in banks and on hand
Operating Checking (Wells Fargo) 32,249,699 31,613,882 15% Workers' Compensation Checking (Wells Fargo) 19,738 25,694 0% Payroll Checking (Wells Fargo) - - 0%
Restricted for Bond Repayments1(BNY Mellon) 8,333 8,333 0% Cash Equivalents
Local Agency Investment Fund 21,059,752 21,099,180 10%
Investments
Investments (Chandler) 148,744,657 145,810,488 68%
Restricted for Pension2(PARS) 17,240,051 16,385,602 8%
Total Cash and Investments3 $219,322,230 $214,943,179 100% 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.

As of September 30, 2022, the City's LAIF account had a balance of $21.1 million. In July 2022, the City received a quarterly interest deposit of $39,428 for the quarter ending June 30, 2022. The interest rate was 0.75%. The City did not make any deposits or withdrawals in the quarter ending September 30, 2022.

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.
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5 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 September 30, 2022, the portfolio's market value was $145.8 million, compared to $148.7 million at the end of the previous quarter. The table below includes historical comparisons of the City's portfolio:

June 30, 2022 September 30, 2022
Market Value 148,744,657 145,810,488
Par Value 155,016,024 155,548,714
Book Value 155,117,380 155,475,533
Average Maturity 2.74 years 2.76 years
Average Modified Duration 2.39 2.38
Average Purchase Yield 1.41% 1.58%
Average Market Yield 3.25% 4.49%
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.

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.
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6 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.

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 September 30, 2022, the Section 115 Pension Trust had a balance of $16.4 million, a decrease of $0.8 million from the prior month due to investment losses. The Section 115 OPEB Trust had a balance of $29.8 million, a decrease of $1.5 million from the prior month due to investment losses. The quarterly investment returns were -4.9% for both the Pension Trust and OPEB Trust.

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 September, yields rose significantly across the curve. The yield curve remained inverted and the spread between the two-year and 10-year Treasury yield became more inverted. As of September 30, 2022, the one-year and two-year Treasury yields were 4.05% and 4.22%, respectively. The one-year Treasury yield increased by 125 basis points, and the two-year Treasury yield increased by 130 basis points from June 30, 2022. The yield of the City's investment portfolio was 4.49%, 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, 272
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9 conversely, that investments should be liquidated. In recent years, sufficient liquidity levels for operating revenues and expenditures have approximated a ratio of 1.0. In March 2022, the City transferred $15.0 million from the operating account to the investment portfolio, which reduced the March 2022 liquidity ratios.

As of September 30, 2022, the liquidity ratio was 2.5 and 1.7 for revenues and expenditures, respectively. The City will monitor inflows and outflows during the second quarter of FY 2022-23 and bring recommendations for the City's investment portfolio as necessary and applicable.

As of September 30, 2022, the City had $52.7 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 274
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11 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.

Sustainability Impact
No sustainability impact.

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

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

INVESTMENT REPORT
Period Ending September 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 September 30, 2022
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SECTION | Section 1 | Economic Update
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Economic Update



Market volatility has intensified as financial conditions tighten and global central banks pursue monetary policies to combat persistently high inflation and maintain financial market stability. Labor markets and consumer balance sheets remain strong; however, inflation is weighing heavily on consumer sentiment and beginning to impact discretionary spending.

In September, yields rose significantly across the curve. The 2-year Treasury yield increased 79 basis points to 4.28%, the 5- year Treasury yield rose 74 basis points to 4.09%, and the 10-year Treasury yield gained 64 basis points to 3.83%. The spread between the 2-year Treasury yield and 10-year Treasury yield became more inverted at -45 basis points at September month-end versus -30 basis points at August month-end. The spread was a positive 121 basis points one year ago. The spread between 3-month and 10-year treasuries widened to 56 basis points in September compared to just 27 basis points in August. The shape of the curve does not necessarily indicate an imminent recession but bears watching as a better predictor of recession over the medium-term.
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Source: US Department of Labor Source: US Department of Labor Employment
The U.S. economy added 263,000 jobs in September, surpassing market expectations of 255,000, and gains were revised upward by 11,000 for the prior two months. Trends in employment remain strong, with the three-month moving average payrolls at 372,000 and the six-month moving average at 360,000. Hiring was widespread, with solid increases in education and health services, leisure and hospitality, and professional and business services. The unemployment rate fell to 3.5% from 3.7%, as the labor participation rate edged down to 62.3% in September from 62.4% in August. The U-6 underemployment rate, which includes those who are marginally attached to the labor force and employed part time for economic reasons dropped to 6.7% from 7.0% last month. Average hourly earnings rose 5.0% year-over-year in September compared to 5.2% year-over-year in August, a constructive development for the inflation outlook. The strong September labor report bolsters the case for the Fed to continue raising the federal funds rate. -200
0 200
400
600
800
1,000
1,200
1,400
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%
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) increased more than expected in September, up 8.2% year-over-year versus consensus expectations for 8.1%, but down slightly from 8.3% in August. The Core CPI, which excludes volatile food and energy components, jumped to 6.6% year-over-year, up from 6.3% in August and the highest level since 1982. The report included widespread increases, particularly in food, shelter, and medical care services. Owners’ equivalent rent, which is a major contributor to CPI and tends to lag, was up 6.7% year-over-year. The Personal Consumption Expenditures (PCE) index rose 6.2% in August, higher than consensus estimates of up 6.0%, but down from a 6.4% increase last month. Core PCE was up 4.9% year-over-year in August, versus up 4.7% year-over-year in July. Persistently elevated inflation is likely to keep the Federal Reserve on the path of tightening monetary policy as long as it continues 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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Advance retail sales were flat for the month but up 8.2% year-over-year in September, slowing from August’s 9.4% year-over-year gain that surprised to the upside. Retail sales growth is starting to reflect the headwinds from higher prices as consumers dip into savings and assume more debt. The Conference Board’s Consumer Confidence Index rose for the second month in a row to 108.0 in September, with gains in both the present situation and future expectations components. The strength was tied directly to the consumer's assessment of the labor market, which continues to reflect the demand for labor outstripping supply.

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) remained in negative territory at -0.3% in August, following a decline to -0.5% in July.

0.00 1.00

2.00 3.00

4.00 Chicago Fed National Activity Index (CFNAI)
3 Month Average
-0.8%
-0.6%
-0.4%
-0.2%

0.0%

0.2%

0.4%

0.6%

0.8%

1.0%

1.2%
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 increased 12.2% to an annual rate of 1,575,000 in August, from a revised 1,404,000 units in July. Single-family home starts increased 3.4% and multi-family homes increased 28% month-over-month. On a year-over-year basis, total housing starts decreased 0.1% reflecting a shift from single-family units to more affordable multi-family units as homebuyers struggle with a combination of elevated prices and higher mortgage rates. Mortgage rates for a 30-year fixed-rate loan are higher than they have been since 2007 at 6.7%. According to the Case-Shiller 20-City Home Price Index, the year-over-year increase receded from 18.7% in June to 16.1% in July, clearly displaying the impact of higher mortgage rates which have reduced demand for homebuying as affordability has declined. 8 284
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Source: Institute for Supply Management Source: Federal Reserve Manufacturing
The Institute for Supply Management (ISM) manufacturing index plunged nearly two points to 50.9 in September, the lowest since May 2020 and disappointing relative to consensus expectations of 52.0. Readings above 50.0 are indicative of expansion in the manufacturing sector.

EXPANDING

CONTRACTING
-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 9/21 12/21 3/22 6/22

2.0% 2.1% 0.9% 1.4%

1.8% 5.1% 1.0% -2.8%
-1.1% -0.2% -3.1% 1.2%
-0.5% 0.0% -0.4% -0.2%

0.5% -0.2% 0.0% -0.1%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%
Gross Domestic Product (GDP)
GDP QOQ % Change
GDP YOY % Change
Gross Domestic Product (GDP)
According to the third estimate, U.S. GDP was unrevised at -0.6% annualized in the second quarter. Personal consumption expenditures rose, primarily due to spending on services. The largest negative contribution was from a drop in gross residential investment as the housing sector diminished sharply. The second quarter decline followed a first quarter contraction of -1.6%. Although many market participants link two quarters in a row of negative GDP growth with a recession, an official declaration by the National Bureau of Economic Research is unlikely given the mosaic of data and the strength of the labor market. The consensus estimate calls for 1.9% growth in the third quarter and 1.7% growth for the full year 2022.
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Federal Reserve
Source: Federal Reserve Source: Bloomberg
At the September meeting, the Federal Open Market Committee (FOMC) delivered the third 75-basis point increase to the Fed Funds Rate, increasing the range to 3.00% to 3.25%. The FOMC acknowledged spending and production are experiencing modest growth, offset by robust labor market and elevated inflation metrics. The FOMC remains data dependent to meet its long-term 2% inflation objective. The Fed also released new economic projections showing a significant slowdown in the economy later in 2022 and 2023. The Fed has reduced its $9 trillion balance sheet holdings by $87.1 billion since the start of the program and will increase the rate of decrease to $95 billion a month in September. As inflation metrics begin to moderate, we believe the Federal Reserve will decelerate their pace of tightening, but a material decline in inflation in the short-term is unlikely.

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%
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%

4.0%

4.5%
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%

4.0%

4.5%
US Treasury Yield Curve
Sep-22
Jun-22
Sep-21
Yield (%)
Bond Yields
At the end of September, the 2-year Treasury yield was 400 basis points higher, and the 10-Year Treasury yield was about 234 basis points higher, year-over-year. The spread between the 2-year Treasury yield and 10-year Treasury yield became more inverted at -45 basis points at September month-end versus -30 basis points at August month-end. The average historical spread (since 2003) is about 130 basis points. The spread between 3-month and 10-year treasuries widened to 56 basis points in September compared to just 27 basis points in August. The shape of the yield curve does not indicate an imminent recession but bears watching as a better predictor of recession over the medium-term. 12 288
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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.

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 September 30, 2022
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Compliance As of September 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
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. 15 291
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Compliance As of September 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. 16 292
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Portfolio Characteristics
City of Cupertino
09/30/22 06/30/22
Benchmark* Portfolio Portfolio
Average Maturity (yrs) 2.60 2.76 2.74
Average Modified Duration 2.48 2.38 2.39
Average Purchase Yield n/a 1.58% 1.41%
Average Market Yield 4.26% 4.49% 3.25%
Average Quality** AAA AA/Aa1 AA+/Aa1
Total Market Value 145,810,488 148,744,657
*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 September 30, 2022
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City of Cupertino
Sector Distribution
ABS

13.7%
Agency

18.7%
CMO

5.3%
Corporate

27.3%
Money Market
Fund

0.2%
Municipal Bonds

0.5%
Supranational

6.4%
US Treasury

28.0%
September 30, 2022 June 30, 2022
ABS

13.5%
Agency

22.0%
CMO

5.3%
Corporate

26.7%
Money Market
Fund

0.9%
Municipal Bonds

0.5%
Supranational

7.8%
US Treasury

23.3%
As of September 30, 2022
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Duration Allocation As of September 30, 2022
City of Cupertino
0 - 0.25 0.25 - 0.50 0.50 - 1 1 - 2 2 - 3 3 - 4 4 - 5 5+ 09/30/22 0.6% 1.3% 4.9% 31.9% 34.4% 18.4% 8.5% 0.0%
0%
5%
10%
15%
20%
25%
30%
35%
40%
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 September 30, 2022
Benchmark: ICE BofA 1-5 Yr US Treasury & Agency Index

95.6% 96.2%

98.6%
100.8%

99.3%

96.2%

98.4%

97.5%

80.0%

85.0%

90.0%

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

0.9%

0.5%

5.3%

7.8%

13.5%

22.0%

26.7%

23.3%

0.2%

0.5%

5.3%

6.4%

13.7%

18.7%

27.3%

28.0%
Money Market
Fund
Municipal Bonds
CMO
Supranational
ABS
Agency
Corporate
US Treasury
Portfolio Allocation
09/30/22
06/30/22
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Issue Name Investment Type % Portfolio
Government of United States US Treasury 27.99%
Federal National Mortgage Association Agency 8.91%
Federal Home Loan Mortgage Corp CMO 5.28%
Federal Home Loan Mortgage Corp Agency 4.98%
Federal Home Loan Bank Agency 4.80%
Inter-American Dev Bank Supranational 3.35%
American Express ABS ABS 1.91%
Hyundai Auto Receivables ABS 1.87%
Royal Bank of Canada Corporate 1.70%
Toyota Motor Corp Corporate 1.61%
Bank of New York Corporate 1.60%
Bank of America Corp Corporate 1.55%
JP Morgan Chase & Co Corporate 1.54%
International Finance Corp Supranational 1.54%
Intl Bank Recon and Development Supranational 1.47%
Toronto Dominion Holdings Corporate 1.44%
John Deere ABS ABS 1.31%
Honda ABS ABS 1.31%
Northwestern Mutual Glbl Corporate 1.30%
GM Financial Automobile Leasing Trust ABS 1.27%
Paccar Financial Corporate 1.26%
Toyota Lease Owner Trust ABS 1.23%
Bank of Montreal Chicago Corporate 1.17%
Amazon.com Inc Corporate 1.14%
Air Products & Chemicals Corporate 1.13%
Salesforce.com Inc Corporate 1.13%
Metlife Inc Corporate 1.13%
Prudential Financial Inc Corporate 1.11%
Toyota ABS ABS 1.09%
United Health Group Inc Corporate 1.08%
New York Life Global Funding Corporate 1.07%
Berkshire Hathaway Corporate 1.01%
Hyundai Auto Lease Securitization ABS 0.89%
Guardian Life Global Funding Corporate 0.84%
US Bancorp Corporate 0.83%
Caterpillar Inc Corporate 0.72%
GM Financial Securitized Term Auto Trust ABS 0.68%
Deere & Company Corporate 0.67%
Issuers
City of Cupertino – Account #10659
As of September 30, 2022
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Issue Name Investment Type % Portfolio
Mass Mutual Insurance Corporate 0.60%
Charles Schwab Corp/The Corporate 0.59%
BMW Vehicle Lease Trust ABS 0.58%
Verizon Owner Trust ABS 0.54%
State of California Municipal Bonds 0.50%
Northern Trust Corp Corporate 0.45%
Morgan Stanley Corporate 0.41%
Verizon Master Trust ABS 0.39%
BMW ABS ABS 0.35%
Wal-Mart Stores Corporate 0.21%
Nissan ABS ABS 0.21%
Wells Fargo 100% Treasury MMKT Fund Money Market Fund 0.17% Mercedes-Benz Auto Lease Trust ABS 0.12%
TOTAL 100.00%
Issuers
City of Cupertino – Account #10659
As of September 30, 2022
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AAA AA A <A NR
09/30/22 16.3% 55.6% 18.9% 0.0% 9.2%
06/30/22 18.4% 53.6% 19.0% 0.0% 9.0%
Source: S&P Ratings
September 30, 2022 vs. June 30, 2022

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%
AAA AA A <A NR
09/30/22 06/30/22
Quality Distribution
City of Cupertino
As of September 30, 2022
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12-Month Earnings
Investment Performance
City of Cupertino
As of September 30, 2022
Source: City of Cupertino Monthly Investment Report. Interest earnings include accrued interest and realized gains and losses on amortized cost.

Investment Earnings
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
July 2022 103,214
August 2022 126,584
September 2022 184,997
Total 1,916,204
Change in Fair Value
Unrealized Gain/Loss Position 9/30/2021 1,600,579
Unrealized Gain/Loss Position 9/30/2022 (10,173,183)
Change in Fair Value (11,773,762)
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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
-8.00%
-7.00%
-6.00%
-5.00%
-4.00%
-3.00%
-2.00%
-1.00%

0.00%

1.00%
12 months 2 years 3 years 5 years 10 years Since Inception City of Cupertino ICE BofA 1-5 Yr US Treasury & Agency Index 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 -1.96% -6.61% -3.35% -0.67% N/A N/A 0.25% ICE BofA 1-5 Yr US Treasury & Agency Index -2.28% -6.78% -3.63% -0.97% N/A N/A 0.13% City of Cupertino Net of Fees -1.97% -6.66% -3.41 -0.74 N/A N/A 0.18 As of September 30, 2022
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Purchase Yield as of 09/30/22 = 1.58%

0.00 0.50

1.00 1.50

2.00 2.50
Percent (%)
Historical Average Purchase Yield
City of Cupertino
As of September 30, 2022
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SECTION | Section 3 | Portfolio Holdings
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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
67,249.40 Various

1.93%
67,136.36
67,249.40

99.89 3.58%
67,175.09

53.20 0.05%
(74.31)
Aaa / AAA
NR

0.87 0.06
58769EAC2 Mercedes-Benz Auto Lease Trust 2020-B A3

0.400% Due 11/15/2023
174,585.04 09/15/2020

0.40%
174,576.19
174,583.93

99.48 3.67%
173,675.98

31.04 0.12%
(907.95)

NR / AAA
AAA

1.13 0.16
477870AC3 John Deere Owner Trust 2019-B A3

2.210% Due 12/15/2023
56,564.67 08/27/2019

1.79%
57,088.34
56,711.52

99.88 3.61%
56,498.48

55.56 0.04%
(213.04)
Aaa / NR
AAA

1.21 0.08
92348AAA3 Verizon Owner Trust 2019-C A1A

1.940% Due 04/22/2024
87,146.08 10/01/2019

1.95%
87,139.36
87,143.77

99.77 3.38%
86,942.59

51.66 0.06%
(201.18)

NR / AAA
AAA

1.56 0.16
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
690,889.71

98.08 4.52%
686,592.20

83.42 0.47%
(4,297.51)
Aaa / AAA
NR

1.56 0.46
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
789,949.63

97.56 4.63%
770,739.80
115.87

0.53%
(19,209.83)
Aaa / AAA
NR

1.72 0.57
65479JAD5 Nissan Auto Receivables Owner 2019-C A3

1.930% Due 07/15/2024
304,874.18 Various

1.70%
306,386.60
305,513.84

99.62 3.76%
303,720.23
261.52

0.21%
(1,793.61)
Aaa / AAA
NR

1.79 0.21
43813DAC2 Honda Auto Receivables 2020-2 A3

0.820% Due 07/15/2024
77,492.52 05/18/2020

0.83%
77,486.43
77,489.89

99.54 1.94%
77,134.27

28.24 0.05%
(355.62)
Aaa / AAA
NR

1.79 0.41
47789KAC7 John Deere Owner Trust 2020-A A3

1.100% Due 08/15/2024
102,654.91 03/04/2020

1.11%
102,648.63
102,652.26

99.01 4.14%
101,636.57

50.19 0.07%
(1,015.69)
Aaa / NR
AAA

1.88 0.32
43813KAC6 Honda Auto Receivables Trust 2020-3 A3

0.370% Due 10/18/2024
379,188.47 09/22/2020

0.38%
379,132.77
379,168.38

97.82 4.54%
370,927.47

50.66 0.25%
(8,240.91)

NR / AAA
AAA

2.05 0.52
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
964,992.94

96.64 4.56%
932,596.27
115.00

0.64%
(32,396.67)

NR / AAA
AAA

2.06 0.81
47787NAC3 John Deere Owner Trust 2020-B A3

0.510% Due 11/15/2024
129,233.47 07/14/2020

0.52%
129,213.77
129,226.18

98.05 4.85%
126,715.35

29.29 0.09%
(2,510.83)
Aaa / NR
AAA

2.13 0.45
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
424,976.25

97.15 4.51%
412,881.13

23.38 0.28%
(12,095.12)
Aaa / NR
AAA

2.24 0.68
89236XAC0 Toyota Auto Receivables 2020-D A3

0.350% Due 01/15/2025
288,227.20 10/06/2020

0.36%
288,173.49
288,198.29

98.07 4.58%
282,655.19

44.84 0.19%
(5,543.10)

NR / AAA
AAA

2.30 0.46
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
539,991.79

96.28 4.51%
519,908.22
278.40

0.36%
(20,083.57)
Aaa / AAA
NR

2.30 1.12
92290BAA9 Verizon Owner Trust 2020-B A

0.470% Due 02/20/2025
703,950.04 08/04/2020

0.48%
703,802.21
703,871.97

98.46 4.20%
693,125.40
101.10

0.48%
(10,746.57)
Aaa / NR
AAA

2.39 0.41
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
1,149,865.16

96.40 4.67%
1,108,602.30
688.72

0.76%
(41,262.86)

NR / AAA
AAA

2.39 1.35
As of September 30, 2022
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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
944,994.14

96.55 4.71%
912,413.57
548.63

0.63%
(32,580.57)
Aaa / NR
AAA

2.47 1.24
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
449,954.28

96.29 4.76%
433,289.25

82.50 0.30%
(16,665.03)

NR / AAA
AAA

2.48 1.02
43813GAC5 Honda Auto Receivables Trust 2021-1 A3

0.270% Due 04/21/2025
257,144.76 02/17/2021

0.27%
257,140.06
257,142.51

97.08 4.95%
249,643.59

19.29 0.17%
(7,498.92)
Aaa / NR
AAA

2.56 0.62
89240BAC2 Toyota Auto Receivables Owners 2021-A A3

0.260% Due 05/15/2025
921,202.94 02/02/2021

0.27%
921,031.97
921,122.67

97.43 4.30%
897,559.35
106.45

0.62%
(23,563.32)
Aaa / NR
AAA

2.62 0.63
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
514,971.18

96.68 4.59%
497,884.49

86.98 0.34%
(17,086.69)

NR / AAA
AAA

2.96 0.79
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
459,928.48

94.61 4.70%
435,211.98
112.44

0.30%
(24,716.50)
Aaa / NR
AAA

3.31 1.43
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
579,965.22

94.50 4.71%
548,115.08
134.04

0.38%
(31,850.14)
Aaa / NR
AAA

3.46 1.33
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
429,993.31

94.72 4.62%
407,311.48
135.69

0.28%
(22,681.83)

NR / AAA
AAA

3.54 1.37
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
739,909.50

95.03 4.81%
703,226.44
618.31

0.48%
(36,683.06)
Aaa / AAA
NR

3.62 1.73
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
1,302,679.36

94.36 4.93%
1,255,042.54
437.42

0.86%
(47,636.82)

NR / AAA
AAA

3.62 1.37
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
529,975.75

97.34 4.81%
515,911.01
283.55

0.35%
(14,064.74)
Aaa / AAA
NR

3.90 1.70
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
349,993.56

94.24 5.04%
329,844.55

99.17 0.23%
(20,149.01)
Aaa / AAA
NR

3.96 1.34
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
449,915.95

95.59 5.00%
430,176.60
464.00

0.30%
(19,739.35)
Aaa / NR
AAA

3.96 1.67
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
1,009,967.64

95.93 4.62%
968,878.86
996.53

0.67%
(41,088.78)

NR / AAA
AAA

4.04 1.72
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
294,979.75

95.13 4.79%
280,644.42
154.88

0.19%
(14,335.33)

NR / AAA
AAA

4.13 1.40
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
389,929.62

96.93 4.92%
378,032.07
503.75

0.26%
(11,897.55)
Aaa / AAA
NR

4.38 1.72
47800AAC4 John Deere Owner Trust 2022-B A3

3.740% Due 02/16/2027
655,000.00 07/12/2022

3.77%
654,937.45
654,940.95

97.65 4.86%
639,635.67
1,088.76

0.44%
(15,305.28)
Aaa / NR
AAA

4.38 2.16
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
1,528,002.16

94.37 4.69%
1,458,047.40
1,517.53

1.00%
(69,954.76)
Aaa / NR
AAA

4.46 2.32
As of September 30, 2022
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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
1,374,732.22

96.77 4.75%
1,330,587.50
2,071.67

0.91%
(44,144.72)

NR / AAA
AAA

4.63 2.44
92348KAV5 Verizon Master Trust 2022-5 A1A

3.720% Due 07/20/2027
570,000.00 08/02/2022

3.75%
569,974.92
569,976.18

99.05 4.51%
564,562.20
647.90

0.39%
(5,413.98)

NR / AAA
AAA

4.81 1.79
TOTAL ABS 20,739,513.68 1.70%
20,671,246.60
20,685,549.34 4.62%
20,007,544.59
12,171.58

13.73%
(678,004.75)
Aaa / AAA
Aaa

3.17 1.30
Agency
3137EAFA2 FHLMC Note

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

0.28%
1,753,262.55
1,754,319.30

95.43 4.27%
1,674,736.83
1,425.94

1.15%
(79,582.47)
Aaa / AA+
AAA

1.18 1.15
3130A0F70 FHLB Note

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

1.75%
2,222,418.00
2,139,036.24

98.80 4.42%
2,074,701.30
22,246.88

1.44%
(64,334.94)
Aaa / AA+
AAA

1.19 1.14
3130A0XE5 FHLB Note

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

2.27%
1,568,115.00
1,519,763.16

98.48 4.35%
1,477,125.00
3,114.58

1.02%
(42,638.16)
Aaa / AA+
NR

1.44 1.38
3130A1XJ2 FHLB Note

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

1.96%
1,564,890.20
1,522,152.42

97.52 4.40%
1,462,732.50
12,817.70

1.01%
(59,419.92)
Aaa / AA+
NR

1.71 1.63
3135G0V75 FNMA Note

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

1.96%
1,484,895.00
1,494,664.90

95.77 4.28%
1,436,532.00
6,489.58

0.99%
(58,132.90)
Aaa / AA+
AAA

1.76 1.69
3130A2UW4 FHLB Note

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

1.79%
2,103,380.00
2,040,411.15

97.26 4.35%
1,945,150.00
2,875.00

1.34%
(95,261.15)
Aaa / AA+
AAA

1.96 1.87
3135G0W66 FNMA Note

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

1.73%
1,965,802.75
1,971,141.61

94.91 4.25%
1,874,515.95
14,798.79

1.30%
(96,625.66)
Aaa / AA+
AAA

2.04 1.96
3135G0X24 FNMA Note

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

1.38%
1,309,953.95
1,302,048.29

94.36 4.26%
1,221,932.22
4,910.21

0.84%
(80,116.07)
Aaa / AA+
AAA

2.27 2.18
3137EAEP0 FHLMC Note

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

1.52%
2,363,178.95
2,364,136.87

93.94 4.22%
2,221,593.50
4,828.54

1.53%
(142,543.37)
Aaa / AA+
AAA

2.37 2.28
3135G03U5 FNMA Note

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

0.67%
1,856,168.40
1,858,037.99

91.14 4.32%
1,695,215.16
5,134.38

1.17%
(162,822.83)
Aaa / AA+
AAA

2.56 2.48
3135G04Z3 FNMA Note

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

0.50%
2,499,227.30
2,499,695.19

90.39 4.29%
2,259,857.50
3,611.11

1.55%
(239,837.69)
Aaa / AA+
AAA

2.72 2.64
3137EAEU9 FHLMC Note

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

0.48%
1,243,775.00
1,246,505.26

89.73 4.30%
1,121,616.25
911.46

0.77%
(124,889.01)
Aaa / AA+
AAA

2.81 2.73
3135G05X7 FNMA Note

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

0.48%
2,487,983.75
2,492,822.39

89.43 4.29%
2,235,740.00
937.51

1.53%
(257,082.39)
Aaa / AA+
AAA

2.90 2.83
3137EAEX3 FHLMC Note

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

0.46%
2,489,362.80
2,493,522.24

89.25 4.25%
2,231,302.50
208.33

1.53%
(262,219.74)
Aaa / AA+
AAA

2.98 2.90
As of September 30, 2022
30 306
CC 11-15-2022
306 of 650
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
3135G06G3 FNMA Note

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

0.56%
2,492,700.00
2,495,456.73

89.07 4.30%
2,226,725.00
5,000.00

1.53%
(268,731.73)
Aaa / AA+
AAA

3.11 3.01
TOTAL Agency 29,100,000.00 1.13%
29,405,113.65
29,193,713.74 4.30%
27,159,475.71
89,310.01

18.69%
(2,034,238.03)
Aaa / AA+
Aaa

2.24 2.17
CMO
3137B4WB8 FHLMC K033 A2

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

2.02%
1,037,656.25
1,007,772.00

98.97 4.34%
989,747.00
510.00

0.68%
(18,025.00)
Aaa / NR
NR

0.82 0.65
3137B5JM6 FHLMC K034 A2

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

2.00%
1,053,867.19
1,011,484.96

99.24 4.33%
992,359.00
2,942.50

0.68%
(19,125.96)

NR / NR
AAA

0.82 0.69
3137B7MZ9 FHLMC K036 A2

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

1.92%
1,061,914.06
1,015,793.16

99.06 4.35%
990,633.00
587.83

0.68%
(25,160.16)
Aaa / NR
AAA

1.07 0.89
3137BFE98 FHLMC K041 A2

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

0.72%
1,398,414.06
1,360,863.52

97.23 4.58%
1,263,974.40
3,435.25

0.87%
(96,889.12)
Aaa / AAA
AAA

2.07 1.87
3137BLMZ8 FHLMC K049 A2

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

0.87%
1,079,687.50
1,054,987.11

95.85 4.62%
958,518.00
2,508.33

0.66%
(96,469.11)

NR / NR
AAA

2.82 2.53
3137BLW95 FHLMC K050 A2

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

1.17%
1,018,132.81
1,002,196.49

96.59 4.62%
917,562.32
2,639.42

0.63%
(84,634.17)

NR / NR
AAA

2.90 2.57
3137BM7C4 FHLMC K051 A2

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

2.21%
453,079.69
451,039.55

96.42 4.62%
424,239.64
1,212.93

0.29%
(26,799.91)

NR / NR
AAA

2.99 2.65
3137BN6G4 FHLMC KO53

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

2.29%
582,001.17
580,285.47

95.30 4.62%
543,203.16
1,422.63

0.37%
(37,082.31)

NR / NR
AAA

3.24 2.86
3137BSP72 FHLMC K058 A2

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

1.35%
687,451.17
680,519.00

93.16 4.59%
605,518.55
1,437.04

0.42%
(75,000.45)

NR / NR
AAA

3.90 3.57
TOTAL CMO 7,910,000.00 1.51%
8,372,203.90
8,164,941.26 4.50%
7,685,755.07
16,695.93

5.28%
(479,186.19)
Aaa / AAA
Aaa

2.09 1.85
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
1,029,670.25

94.83 4.60%
976,768.57
952.75

0.67%
(52,901.68)
A2 / A
A

1.30 1.26
89114QCA4 Toronto Dominion Bank Note

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

2.24%
1,527,255.00
1,509,745.16

96.05 5.10%
1,440,729.00
12,035.42

1.00%
(69,016.16)
A1 / A
AA1.701.62
06367TQW3 Bank of Montreal Note

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

1.89%
582,216.00
586,909.84

92.61 5.03%
555,667.20
854.17

0.38%
(31,242.64)
A2 / AAA1.78

1.72 As of September 30, 2022
31 307
CC 11-15-2022
307 of 650
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
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
1,752,455.42

93.24 4.60%
1,640,939.52
2,322.23

1.13%
(111,515.90)
A2 / A+
NR

1.79 1.74
78013XZU5 Royal Bank of Canada Note

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

1.98%
1,533,359.18
1,514,518.80

95.92 4.95%
1,438,746.00
7,968.76

0.99%
(75,772.80)
A1 / A
AA1.791.71
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
1,256,760.74

95.95 4.73%
1,199,398.75
5,083.33

0.83%
(57,361.99)
A2 / A+
A+

1.83 1.76
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
1,707,163.57

98.05 4.47%
1,642,287.25
9,507.95

1.13%
(64,876.32)
A2 / A
NR

1.84 1.74
69371RR40 Paccar Financial Corp Note

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

0.52%
679,632.80
679,772.85

92.71 4.64%
630,397.40
491.11

0.43%
(49,375.45)
A1 / A+
NR

1.86 1.81
69371RQ25 Paccar Financial Corp Note

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

2.20%
369,182.30
369,693.87

95.45 4.71%
353,165.00
1,016.47

0.24%
(16,528.87)
A1 / A+
NR

1.88 1.80
14913Q3B3 Caterpillar Finl Service Note

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

1.92%
1,111,517.00
1,105,078.31

95.13 4.60%
1,046,463.00
9,394.31

0.72%
(58,615.31)
A2 / A
A

2.11 2.00
74153WCQ0 Pricoa Global Funding Note

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

1.19%
884,088.45
884,335.92

92.28 4.92%
816,642.60
3,251.15

0.56%
(67,693.32)
Aa3 / AAAA2.19

2.10 89114TZL9 Toronto-Dominion Bank Note

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

2.79%
674,737.00
679,593.38

92.59 4.93%
648,130.70
2,283.75

0.45%
(31,462.68)
A1 / A
NR

2.28 2.19
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
1,213,759.61

92.73 4.85%
1,126,675.58
3,817.13

0.78%
(87,084.03)
A1 / A+
A+

2.29 2.20
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
1,678,616.02

92.51 4.95%
1,554,142.80
5,210.33

1.07%
(124,473.22)
Aaa / AA+
AAA

2.29 2.20
69371RR73 Paccar Financial Corp Note

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

2.86%
884,769.90
884,807.06

95.62 4.72%
846,201.60
12,190.88

0.59%
(38,605.46)
A1 / A+
NR

2.52 2.36
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
1,049,671.76

96.11 5.02%
1,009,171.80
16,439.06

0.70%
(40,499.96)
A1 / A
AA2.542.35
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
1,369,835.88

96.60 4.77%
1,323,377.53
19,760.35

0.92%
(46,458.35)
A1 / A
AA2.572.39
06367WB85 Bank of Montreal Note

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

0.85%
1,285,656.80
1,271,335.05

92.02 5.19%
1,140,987.24
9,558.33

0.79%
(130,347.81)
A2 / AAA2.59

2.45 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
1,370,985.68

92.60 4.81%
1,268,610.42
3,762.93

0.87%
(102,375.26)
A1 / AAA2.67

2.56 As of September 30, 2022
32 308
CC 11-15-2022
308 of 650
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
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
655,234.45

92.52 4.86%
606,013.86
1,727.78

0.42%
(49,220.59)
A1 / AAA2.73

2.62 66815L2J7 Northwestern Mutual Glbl Note

4.000% Due 07/01/2025
1,170,000.00 06/27/2022

4.01%
1,169,602.20
1,169,635.59

97.42 5.01%
1,139,770.71
11,700.00

0.79%
(29,864.88)
Aaa / AA+
AAA

2.75 2.54
74153WCM9 Pricoa Global Funding Note

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

3.26%
832,972.72
843,037.78

88.73 5.00%
802,102.02
602.67

0.55%
(40,935.76)
Aa3 / AAAA2.92

2.82 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
1,021,492.12

97.34 4.87%
973,390.00
14,593.06

0.68%
(48,102.12)
A1 / A
AA3.142.86
40139LBC6 Guardian Life Glob Fun Note

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

1.12%
1,385,860.00
1,389,204.76

87.37 5.22%
1,223,180.00
3,777.08

0.84%
(166,024.76)
Aa1 / AA+
NR

3.20 3.06
66815L2A6 Northwestern Mutual Glbl Note

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

1.47%
827,449.50
831,920.46

87.62 4.92%
744,804.00
1,454.44

0.51%
(87,116.46)
Aaa / AA+
AAA

3.29 3.17
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
613,374.25

91.68 5.41%
550,082.40
1,612.00

0.38%
(63,291.85)
A2 / AAA3.38

3.17 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
410,784.01

91.12 5.61%
365,397.62
3,689.17

0.25%
(45,386.39)
A1 / AAA3.56

3.31 6174468Q5 Morgan Stanley Callable Note Cont 4/28/2025

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

4.35%
615,699.50
618,785.11

91.74 5.51%
596,313.25
6,044.35

0.41%
(22,471.86)
A1 / AA3.58

3.32 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
1,869,149.01

87.88 4.68%
1,647,718.13
7,239.58

1.14%
(221,430.88)
A1 / AA
AA3.623.46
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
1,026,824.18

88.53 4.62%
916,299.99
4,496.50

0.63%
(110,524.19)
A3 / A+
A

3.62 3.46
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
1,384,547.46

87.51 4.84%
1,211,991.34
4,457.97

0.83%
(172,556.12)
A1 / A+
A+

3.72 3.55
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
700,883.78

88.77 5.41%
621,411.00
2,616.02

0.43%
(79,472.78)
A2 / AAA3.72

3.52 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
1,001,726.13

86.88 5.04%
868,843.00
2,500.00

0.60%
(132,883.13)
Aa3 / AA+
AA+

3.79 3.61
58989V2D5 Met Tower Global Funding Note

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

1.27%
769,291.60
769,439.80

86.05 5.20%
662,551.89
454.51

0.45%
(106,887.91)
Aa3 / AAAA3.96

3.76 As of September 30, 2022
33 309
CC 11-15-2022
309 of 650
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
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
349,475.80

87.29 4.59%
305,518.50
142.92

0.21%
(43,957.30)
Aa2 / AA
AA

3.97 3.80
59217GER6 Metlife Note

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

1.90%
1,113,728.90
1,113,911.98

87.50 5.17%
975,602.70
4,645.83

0.67%
(138,309.28)
Aa3 / AAAA4.28

4.00 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
959,760.67

89.78 5.06%
861,889.92
1,829.34

0.59%
(97,870.75)
A2 / A
A

4.42 4.09
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
1,614,726.76

91.05 4.54%
1,470,501.11
1,650.89

1.01%
(144,225.65)
Aa2 / AA
A+

4.46 4.15
06051GHT9 Bank of America Corp Callable Note 1X 4/23/2026

3.559% Due 04/23/2027
1,150,000.00 Various

4.55%
1,114,222.54
1,115,370.26

92.35 5.74%
1,062,028.45
17,963.07

0.74%
(53,341.81)
A2 / AAA4.56

4.05 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
669,000.20

96.47 4.86%
646,355.70
10,496.67

0.45%
(22,644.50)
A2 / A+
A+

4.61 4.08
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
675,293.40

95.18 4.88%
642,453.53
9,088.12

0.45%
(32,839.87)
A3 / A+
A

4.62 4.12
TOTAL Corporate 42,790,000.00 1.96%
42,826,786.07
42,718,287.13 4.91%
39,552,721.08
238,682.38

27.29%
(3,165,566.05)
A1 / A+
AA2.882.71
Money Market Fund
94975H270 Wells Fargo 100% Treasury Money Mkt Fund 244,200.48 Various

2.14%
244,200.48
244,200.48

1.00 2.14%
244,200.48

0.00 0.17%

0.00 Aaa / AAA
NR

0.00 0.00
TOTAL Money Market Fund 244,200.48 2.14%
244,200.48
244,200.48 2.14%
244,200.48

0.00 0.17%

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
762,027.30

96.10 4.46%
725,577.65
9,060.00

0.50%
(36,449.65)
Aa2 / AAAA2.01

1.90 TOTAL Municipal Bonds 755,000.00 1.91%
772,342.35
762,027.30 4.46%
725,577.65
9,060.00

0.50%
(36,449.65)
Aa2 / AAAA2.01

1.90 Supranational
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
2,796,337.59

95.84 4.07%
2,683,520.00
2,644.44

1.84%
(112,817.59)
Aaa / AAA
NR

1.13 1.10
As of September 30, 2022
34 310
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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
45950KCT5 International Finance Corp Note

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

0.66%
2,471,150.00
2,480,479.32

89.72 4.32%
2,243,075.00
1,953.13

1.54%
(237,404.32)
Aaa / AAA
NR

2.79 2.72
459058JL8 Intl. Bank Recon & Development Note

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

0.60%
2,388,859.25
2,392,712.69

88.98 4.37%
2,135,402.41
5,100.01

1.47%
(257,310.28)
Aaa / AAA
AAA

3.08 2.98
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
2,451,997.24

88.72 4.33%
2,182,487.40
9,626.46

1.50%
(269,509.84)
Aaa / AAA
AAA

3.56 3.42
TOTAL Supranational 10,160,000.00 0.64%
10,101,042.45
10,121,526.84 4.26%
9,244,484.81
19,324.04

6.35%
(877,042.03)
Aaa / AAA
Aaa

2.56 2.48
US Treasury
912828V23 US Treasury Note

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

1.80%
1,529,472.66
1,508,140.24

97.56 4.27%
1,463,379.00
8,529.21

1.01%
(44,761.24)
Aaa / AA+
AAA

1.25 1.21
912828B66 US Treasury Note

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

2.14%
2,053,613.28
2,016,000.06

97.88 4.35%
1,957,656.00
7,024.45

1.35%
(58,344.06)
Aaa / AA+
AAA

1.38 1.33
91282CBR1 US Treasury Note

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

0.33%
1,446,488.28
1,448,273.40

94.32 4.31%
1,367,644.35
160.22

0.94%
(80,629.05)
Aaa / AA+
AAA

1.46 1.43
912828X70 US Treasury Note

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

1.92%
1,705,976.56
1,701,931.92

96.48 4.32%
1,640,168.50
14,228.26

1.13%
(61,763.42)
Aaa / AA+
AAA

1.58 1.52
912828XX3 US Treasury Note

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

1.80%
2,018,574.22
2,006,712.35

96.18 4.29%
1,923,594.00
10,108.69

1.33%
(83,118.35)
Aaa / AA+
AAA

1.75 1.68
912828D56 US Treasury Note

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

1.71%
1,753,191.41
1,720,302.97

96.60 4.28%
1,642,160.90
5,156.59

1.13%
(78,142.07)
Aaa / AA+
AAA

1.88 1.80
912828YY0 US Treasury Note

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

1.97%
2,087,203.13
2,089,697.33

94.79 4.20%
1,990,653.00
9,287.36

1.37%
(99,044.33)
Aaa / AA+
AAA

2.25 2.16
912828ZC7 US Treasury Note

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

0.81%
1,523,144.53
1,511,284.08

92.89 4.25%
1,393,417.50
1,445.10

0.96%
(117,866.58)
Aaa / AA+
AAA

2.42 2.34
91282CED9 US Treasury Note

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

2.23%
3,057,617.20
3,064,776.95

94.18 4.27%
2,919,570.70
2,397.79

2.00%
(145,206.25)
Aaa / AA+
AAA

2.46 2.36
912828ZL7 US Treasury Note

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

2.24%
2,360,839.85
2,384,503.21

90.60 4.25%
2,265,040.00
3,923.23

1.56%
(119,463.21)
Aaa / AA+
AAA

2.58 2.52
91282CAB7 US Treasury Note

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

0.72%
1,469,765.63
1,480,448.82

89.41 4.26%
1,341,153.00
631.79

0.92%
(139,295.82)
Aaa / AA+
AAA

2.84 2.77
91282CAM3 US Treasury Note

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

0.56%
2,366,140.63
2,377,810.26

88.89 4.23%
2,133,280.80

16.49 1.46%
(244,529.46)
Aaa / AA+
AAA

3.00 2.93
91282CAT8 US Treasury Note

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

0.49%
2,422,492.19
2,432,245.74

88.57 4.24%
2,170,067.90
2,563.18

1.49%
(262,177.84)
Aaa / AA+
AAA

3.09 3.01
As of September 30, 2022
35 311
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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
91282CAZ4 US Treasury Note

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

0.77%
2,209,658.20
2,222,680.07

88.68 4.23%
1,995,205.50
2,835.55

1.37%
(227,474.57)
Aaa / AA+
AAA

3.17 3.08
91282CBH3 US Treasury Note

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

0.75%
2,456,445.31
2,468,958.68

88.09 4.24%
2,202,345.00
1,579.48

1.51%
(266,613.68)
Aaa / AA+
AAA

3.34 3.24
91282CBW0 US Treasury Note

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

0.80%
2,493,652.34
2,495,385.77

88.59 4.21%
2,214,745.00
7,846.47

1.52%
(280,640.77)
Aaa / AA+
AAA

3.58 3.45
91282CCZ2 US Treasury Note

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

1.19%
1,379,054.68
1,383,076.83

88.01 4.16%
1,232,163.80

33.65 0.85%
(150,913.03)
Aaa / AA+
AAA

4.00 3.85
91282CDG3 US Treasury Note

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

1.25%
1,391,468.75
1,392,968.44

88.71 4.16%
1,241,898.00
6,591.03

0.86%
(151,070.44)
Aaa / AA+
AAA

4.09 3.90
91282CEW7 US Treasury Note

3.250% Due 06/30/2027
3,000,000.00 Various

3.12%
3,018,222.66
3,017,457.04

96.43 4.08%
2,893,008.00
24,639.94

2.00%
(124,449.04)
Aaa / AA+
AAA

4.75 4.31
91282CFB2 US Treasury Note

2.750% Due 07/31/2027
400,000.00 08/22/2022

3.12%
393,218.75
393,365.43

94.21 4.08%
376,843.60
1,853.26

0.26%
(16,521.83)
Aaa / AA+
AAA

4.84 4.44
91282CFH9 US Treasury Note

3.125% Due 08/31/2027
4,500,000.00 Various

3.28%
4,468,902.34
4,469,267.59

95.97 4.04%
4,318,596.00
12,042.47

2.97%
(150,671.59)
Aaa / AA+
AAA

4.92 4.49
TOTAL US Treasury 43,850,000.00 1.67%
43,605,142.60
43,585,287.18 4.22%
40,682,590.55
122,894.21

27.99%
(2,902,696.63)
Aaa / AA+
Aaa

2.99 2.84
TOTAL PORTFOLIO 155,548,714.16 1.58%
155,998,078.10
155,475,533.27 4.49%
145,302,349.94
508,138.15
100.00%
(10,173,183.33
)
Aa1 / AA
Aaa

2.76 2.38
TOTAL MARKET VALUE PLUS ACCRUALS 145,810,488.09
As of September 30, 2022
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SECTION | Section 4 | Transactions
37 313
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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 07/01/2022 66815L2J7 1,170,000.00 Northwestern Mutual Glbl Note 4% Due: 07/01/2025

99.966 4.01% 1,169,602.20 0.00 1,169,602.20 0.00
Purchase 07/15/2022 91282CEW7 1,500,000.00 US Treasury Note

3.25% Due: 06/30/2027
100.609 3.12% 1,509,140.63 1,987.09 1,511,127.72 0.00
Purchase 07/19/2022 91282CEW7 1,500,000.00 US Treasury Note

3.25% Due: 06/30/2027
100.605 3.12% 1,509,082.03 2,516.98 1,511,599.01 0.00
Purchase 07/20/2022 47800AAC4 655,000.00 John Deere Owner Trust 2022-B A3

3.74% Due: 02/16/2027

99.990 3.77% 654,937.45 0.00 654,937.45 0.00
Purchase 08/05/2022 06051GHT9 638,000.00 Bank of America Corp Callable Note 1X 4/23/2026

3.559% Due: 04/23/2027

96.937 4.53% 618,458.06 6,433.49 624,891.55 0.00
Purchase 08/09/2022 06051GHT9 512,000.00 Bank of America Corp Callable Note 1X 4/23/2026

3.559% Due: 04/23/2027

96.829 4.56% 495,764.48 5,365.39 501,129.87 0.00
Purchase 08/11/2022 92348KAV5 570,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due: 07/20/2027

99.996 3.75% 569,974.92 0.00 569,974.92 0.00
Purchase 08/23/2022 91282CFB2 400,000.00 US Treasury Note

2.75% Due: 07/31/2027

98.305 3.12% 393,218.75 687.50 393,906.25 0.00
Purchase 08/31/2022 91282CFH9 3,000,000.00 US Treasury Note

3.125% Due: 08/31/2027

99.652 3.20% 2,989,570.31 0.00 2,989,570.31 0.00
Purchase 09/09/2022 91282CFH9 1,100,000.00 US Treasury Note

3.125% Due: 08/31/2027

99.059 3.33% 1,089,644.53 854.63 1,090,499.16 0.00
Purchase 09/20/2022 91282CFH9 400,000.00 US Treasury Note

3.125% Due: 08/31/2027

97.422 3.70% 389,687.50 690.61 390,378.11 0.00
Subtotal 11,445,000.00 11,389,080.86 18,535.69 11,407,616.55 0.00 TOTAL ACQUISITIONS 11,445,000.00 11,389,080.86 18,535.69 11,407,616.55 0.00 June 30, 2022 through September 30, 2022
As of September 30, 2022
38 314
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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

DISPOSITIONS
Sale 07/15/2022 45950KCP3 2,050,000.00 International Finance Corp Note

2.875% Due: 07/31/2023

99.565 0.31% 2,041,074.30 27,013.02 2,068,087.32 -63,495.75 Sale 07/19/2022 3135G0U43 1,500,000.00 FNMA Note

2.875% Due: 09/12/2023

99.631 1.89% 1,494,465.00 15,213.54 1,509,678.54 -21,834.87 Sale 08/05/2022 06051GHF9 536,000.00 Bank of America Corp Callable Note 1X 3/5/2023

3.55% Due: 03/05/2024

99.708 2.16% 534,434.88 7,928.33 542,363.21 -4,079.30
Sale 08/09/2022 06051GHF9 664,000.00 Bank of America Corp Callable Note 1X 3/5/2023

3.55% Due: 03/05/2024

99.650 2.16% 661,676.00 10,083.58 671,759.58 -5,379.82
Sale 08/29/2022 3130A3DL5 1,600,000.00 FHLB Note

2.375% Due: 09/08/2023

98.827 1.52% 1,581,232.00 18,050.00 1,599,282.00 -32,395.40 Sale 08/29/2022 3137EAER6 1,350,000.00 FHLMC Note

0.375% Due: 05/05/2023

98.006 0.39% 1,323,082.35 1,603.13 1,324,685.48 -26,788.48 Sale 09/09/2022 3130A3DL5 400,000.00 FHLB Note

2.375% Due: 09/08/2023

98.773 1.52% 395,092.00 26.39 395,118.39 -8,214.92
Sale 09/09/2022 912828T91 650,000.00 US Treasury Note

1.625% Due: 10/31/2023

97.930 1.82% 636,542.97 3,788.72 640,331.69 -11,241.75
Subtotal 8,750,000.00 8,667,599.50 83,706.71 8,751,306.21 -173,430.29 TOTAL DISPOSITIONS 8,750,000.00 8,667,599.50 83,706.71 8,751,306.21 -173,430.29 June 30, 2022 through September 30, 2022
As of September 30, 2022
39 315
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Important Disclosures
2022 Chandler Asset Management, Inc, An Independent Registered Investment Adviser.

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.

As of September 30, 2022
40 316
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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 September 30, 2022
41 317
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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

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

ADMINISTRATOR: BELINDA CONWAY
TELEPHONE NUMBER: 254-265-6137
27422 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.

ASSET VALUATION PRACTICES

NOT RECEIVE AN UPDATED VALUE, OR IS UNABLE TO USE THE VALUE PROVIDED, THE LAST REPORTED VALUE WILL CONTINUE TO BE REPORTED AND SHOULD NOT BE CONSIDERED TO BE CERTIFIED BY PRINCIPAL CUSTODY SOLUTIONS.

NEITHER PRINCIPAL BANK NOR PRINCIPAL TRUST COMPANY IS RESPONSIBLE FOR THE ACCURACY OF INFORMATION PROVIDED BY EXTERNAL SOURCES, AND

DOES NOT CERTIFY THAT INFORMATION PROVIDED BY THESE EXTERNAL SOURCES IS TRUE OR CORRECT FOR THE SPECIAL INVESTMENTS REFLECTED IN YOUR ACCOUNT.

TRADE CONFIRMS

UNCLAIMED PROPERTY DESIGNATED REPRESENTATIVE NOTIFICATION

ASSET SUMMARY
% TOTAL UNREALIZED ESTIMATED CURRENT ACCRUED

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

NON CALLABLE

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

CALLABLE
MOODY'S RATING A1
CUSIP 06406RBC0
1,615,000 BERKSHIRE HATHAWAY FIN 1,614,693.15 1,469,843.80 1.01 144,849.35- 1,650.89 DTD 03/15/2022 2.300% 03/15/2027 99.9810 91.0120

CALLABLE
MOODY'S RATING AA2
CUSIP 084664CZ2
323
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PAGE 4

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

MOODY'S RATING AAA
CUSIP 09690AAC7
530,000 BMW VEHICLE OWNER TRUST 529,972.44 515,753.60 0.36 14,218.84- 283.55 ASSET BCKD SEC SER 2022-A CL A3 99.9948 97.3120
DTD 05/18/2022 3.210% 08/25/2026

CALLABLE

CALLABLE
MOODY'S RATING A2
CUSIP 808513BY0
2,100,000 FED HOME LN BK 2,222,418.00 2,074,464.00 1.43 147,954.00- 22,246.88 DTD 12/09/13 3.375 12/08/2023 105.8294 98.7840

MOODY'S RATING AAA
CUSIP 3130A0F70
324
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PAGE 5

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

MOODY'S RATING AAA
CUSIP 3130A0XE5
1,500,000 FED HOME LN BK 1,564,890.20 1,462,230.00 1.01 102,660.20- 12,817.71 DTD 05/08/14 2.875 06/14/2024 104.3260 97.4820

MOODY'S RATING AAA
CUSIP 3130A1XJ2
2,000,000 FED HOME LN BK 2,103,380.00 1,944,260.00 1.34 159,120.00- 2,875.00 DTD 08/15/14 2.875 09/13/2024 105.1690 97.2130

MOODY'S RATING AAA
CUSIP 3137B4WB8
2,365,000 FED HOME LN MTG CORP 2,363,178.95 2,216,383.40 1.53 146,795.55- 4,828.54 DTD 02/14/20 1.500 02/12/2025 99.9230 93.7160

MOODY'S RATING AAA
CUSIP 3137EAEP0
1,250,000 FED HOME LN MTG CORP 1,243,775.00 1,121,437.50 0.77 122,337.50- 911.46 SER USD 99.5020 89.7150
DTD 07/23/20 0.375 07/21/2025

MOODY'S RATING AAA
CUSIP 3137EAEU9
325
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PAGE 6