1 ADMINISTRATIVE STAFF REPORT 8.3
TO: Mayor and Town Council August 11, 2026
SUBJECT: June 2026 Month End Treasurer’ s Report
BACKGROUND
The California Government Code and the Town of Danville’ s Investment Policy require that a report specifying the investment activity during the month, as well as the month- end investment balances, be prepared and presented to the Town Council on a monthly basis.
DISCUSSION
Beginning and Ending Cash and Investment Balances for the month of June 2026:
May June May June
2026 2026 2026 2026
Town Funds $ 130,192,336 $ 130,386,278 $ 131,064,234 $ 130,979,151 Trust Funds 1,878,363 1,956,199 1,878,363 1,956,199
Assessment & SA 1,332,794 1,701,202 1,334,640 1,703,110 Total Cash & Investments $ 133,403,493 $ 134,043,679 $ 134,277,237 $ 134,638,460 Total Cash & Investments
Year-to-Year Comparison
2025 $ 121,009,674 $ 118,181,839 $ 122,210,293 $ 119,701,497 Cost Basis Market Value
Purchases for the month of June 2026 consisted of one Nvidia Corp for $644,697 maturity date June 15, 2029), one Paccar Financial Corp for $459,425 (maturity date June 18, 2029), one Nvidia Corp for $354,098 (maturity date June 15, 2029), and one U.S.
Treasury for $1,985,313 (maturity date February 28, 2030).
There were no purchases for the NERIAD Fund for the month of June 2026.
Maturities for the month of June 2026 included one Toyota Motor Credit Corp for 921,800, and one Federal Farm Credit Banks Funding Corp for $1,997,620.
Partial maturities (principal paid down) for the month of June 2026 included one Federal Home Loan Mortgage Corporation K-063 A2 for $ 2,266, one Federal Home Loan Mortgage Corporation K-074 A2 for $ 1,796, one Federal Home Loan Mortgage June 2026 Treasurer’ s Report 2 August 11, 2026
Corporation K-066 A2 for $1,529, one Federal Home Loan Mortgage Corporation K-069 A2 for $1,940, one Toyota Auto Receivables Trust 2023-D A3 for $11,561, one BMW Vehicle Owner Trust 2023-A A3 for $6,483, and one BMW Vehicle Owner Trust 2024-A A3 for $22,678.
There were no maturities for NERIAD Fund for the month of June 2026.
The Town’ s net cash position changed from $29,370,707 to $29,088,525 during the month of June 2026. This consisted of operating expenses in excess of operating revenues of 214,600 net funds invested of -$475,859, premium/ discount recognition of $80,873 and interest received of $327,404.
Cash requirements have been projected for the next 12 months, and the Town is in a position to meet its cash requirements.
All investments that the Town owns are in compliance with the California Government Code and the Town’ s Investment Policy.
PUBLIC CONTACT
Posting of the meeting agenda serves as notice to the general public.
RECOMMENDATION
Accept the June 2026 Month End Treasurer’ s Report.
Prepared by:
Lani Ha
Finance Director/ Treasurer
Reviewed by:
Tai J. Williams
Town Manager
Attachment: June 2026 Month End Treasurer’ s Report
Town of Danville
Treasurer' s Report of Investments - Summary
June 30, 2026
Yield to
Description Par Value Cost Market Value % Total Maturity
TOWN FUNDS
U.S. Treasury Obligations 51,400,000$ 50,379,108$ 50,609,925$ 39% 3.97% Federal Agency Issues 16,250,000 16,204,198 16,202,873 12% 4.22% Cash Equivalents 29,088,525 29,088,525 29,088,525 22% 3.39% Collateralized Mortgage Obligation 8,771,351 8,439,141 8,655,006 7% 4.48% Asset- Backed Securities 4,523,120 4,522,460 4,534,774 3% 4.90% Commercial Paper 0 0 0 0% 0.00%
Negotiable CD 0 0 0 0% 0.00%
Supranational 3,425,000 3,382,970 3,408,800 3% 4.30%
US Corporate 18,580,000 18,369,876 18,479,248 14% 4.52% Total / Weighted Average 132,037,996$ 130,386,278$ 130,979,151$ 100% 4.03% Maturities
0 - 30 Days 29,088,526$ 22%
31-60 4,768,129 4%
61 - 90 0 0%
91 - 120 3,743,186 3%
121 - 180 3,205,986 2%
181 - 270 5,982,220 5%
271 - 365 6,426,908 5%
1 - 2 Years 27,095,995 21%
2 - 3 27,019,051 21%
3 - 5 23,649,150 18%
Over 5 Years 0 0%
130,979,151$ 100%
Total / Weighted Average
Town Funds Weighted Average Quality isAAA
Town of Danville
Treasurer' s Report of Investments - Summary
June 30, 2026
Description Par Value Cost Market Value % Total
TRUST FUND
Cash Equivalents 1,956,199$ 1,956,199$ 1,956,199$ 100%
CDA/ SUCCESSOR AGENCY
Cash Equivalents 872,829$ 872,829$ 872,829$ 100%
Total 872,829$ 872,829$ 872,829$ 100%
ASSESSMENT DISTRICTS
NERIAD
Federal Agency Issues -$ -$ -$ 0%
U.S. Treasury Obligations 1,000,000 992,412 994,320 120% Cash Equivalents ( 164,039) ( 164,039) ( 164,039) - 20% Subtotal 835,961$ 828,373$ 830,281$ 100%
Total 835,961$ 828,373$ 830,281$ 100%
SUMMARY TOTAL
Town Funds 132,037,996$ 130,386,278$ 130,979,151$
Trust Fund 1,956,199 1,956,199 1,956,199
CDA/Successor Agency 872,829 872,829 872,829
NERIAD 835,961 828,373 830,281
Summary Total 135,702,985$ 134,043,679$ 134,638,460$
Town of Danville
Treasurer' s Report of Investments
CDA
Town Funds Trust Funds Successor Agency NERIAD Total
Beginning Balance, at cost 130,192,336$ 1,878,362$ 482,717$ 850,077$ 133,403,491$ Purchases, at cost
Nvidia Corp 644,697 0 644,697
Paccar Financial Corp 459,425 459,425
Nvidia Corp 354,098 354,098
U.S. Treasury 1,985,313 1,985,313
Sales/Maturations/ Call
Toyota Motor Credit Corp ( 921,800) 0 ( 921,800)
FFCB Funding Corp ( 1,997,620) ( 1,997,620)
Redemption ( 49,522) ( 49,522)
Premium/Discount 80,873 80,873
Interest Received 327,404 955 - 584 327,775
Net change in Cash ( 688,926) 77,836 389,158 ( 21,120)( 243,052) Realized gains (losses)-
Ending Balance, at cost 130,386,278$ 1,956,199$ 872,829$ 828,373$ 134,043,679$ June 30, 2026
Town of Danville
Treasurer' s Report of Investments - Detail
Town Funds
Yield to Annual
Description Purchase Date Maturity Date Par Value Cost Market Value Maturity Interest Federal Agency Issues
FFCB Note 08/09/2023 08/14/2026 1,500,000 1,496,550 1,500,932 4.58% 68,700 FHLB Note 11/30/2023 11/17/2026 1,000,000 1,002,530 1,002,379 4.53% 45,300 FHLB Note 06/26/2024 06/11/2027 1,000,000 1,001,530 1,004,379 4.57% 45,700 FFCB Note 12/08/2023 10/04/2027 1,500,000 1,504,500 1,507,571 4.41% 66,150 FFCB Note 11/09/2023 11/15/2027 1,750,000 1,743,508 1,759,170 4.73% 82,775 FHLB Note 05/15/2023 12/10/2027 1,500,000 1,536,930 1,501,125 3.66% 54,900 FHLB Note 05/07/2025 03/10/2028 2,000,000 1,957,320 1,960,646 3.80% 76,000 FFCB Note 04/27/2023 04/25/2028 1,500,000 1,507,905 1,492,566 3.76% 56,400 FHLB Note 07/06/2023 06/09/2028 1,500,000 1,467,705 1,495,365 4.49% 67,350 FHLB Note 04/26/2024 03/09/2029 1,500,000 1,484,775 1,510,496 4.74% 71,100 FFCB Note 09/17/2024 09/10/2029 1,500,000 1,500,945 1,468,245 3.49% 52,350 Subtotal 16,250,000$ 16,204,198$ 16,202,873$ 4.22% 686,725$ Collateralized Mortgage Obligation
FHLMC K063 A2 06/06/2023 01/25/2027 983,724 949,909 978,553 4.47% 43,972 FHLMC K066 A2 05/18/2023 06/25/2027 984,780 944,389 974,402 4.28% 42,149 FHLMC K068 A2 05/12/2023 08/25/2027 1,000,000 970,820 987,638 3.98% 39,800 FHLMC K069 A2 12/27/2023 09/25/2027 1,095,076 1,054,310 1,079,653 4.27% 46,760 FHLMC K073 A2 05/24/2023 01/25/2028 720,000 691,988 709,051 4.34% 31,248 FHLMC K074 A2 12/18/2024 01/25/2028 987,771 963,000 975,541 4.45% 43,956 FHLMC K081 A2 09/05/2023 08/25/2028 1,000,000 957,969 987,872 4.85% 48,500 FHLMC K082 A2 10/30/2023 09/25/2028 1,000,000 940,742 988,116 5.31% 53,100 FHLMC K090 A2 03/27/2025 02/25/2029 1,000,000 966,016 974,179 4.36% 43,600 Subtotal 8,771,351$ 8,439,141$ 8,655,006$ 4.48% 393,085$ U.S. Treasury Obligations
U.S. Treasury Notes 11/22/2024 07/31/2026 1,750,000 1,749,180 1,750,915 4.40% 77,000 U.S. Treasury Notes 06/07/2023 09/30/2026 2,000,000 1,848,984 1,989,140 4.09% 81,800 U.S. Treasury Notes 02/20/2025 10/15/2026 1,750,000 1,759,912 1,754,046 4.26% 74,550 U.S. Treasury Notes 11/28/2022 03/31/2027 1,450,000 1,363,566 1,433,914 4.00% 58,000 U.S. Treasury Notes 05/17/2024 04/15/2027 2,000,000 1,995,469 2,007,246 4.58% 91,600 U.S. Treasury Notes 06/21/2024 07/31/2027 2,000,000 1,901,875 1,970,704 4.46% 89,200 U.S. Treasury Notes 01/20/2023 08/31/2027 1,600,000 1,568,438 1,581,750 3.59% 57,440 U.S. Treasury Notes 03/08/2023 09/30/2027 1,250,000 1,234,131 1,249,659 4.44% 55,500 U.S. Treasury Notes 10/17/2024 01/31/2028 1,300,000 1,284,105 1,286,594 3.90% 50,700 U.S. Treasury Notes 09/27/2024 02/15/2028 1,500,000 1,464,141 1,466,837 3.51% 52,650 U.S. Treasury Notes 11/08/2024 03/31/2028 1,000,000 982,344 990,859 4.19% 41,900 U.S. Treasury Notes 12/30/2024 05/31/2028 1,750,000 1,711,445 1,732,773 4.33% 75,775 U.S. Treasury Notes 12/13/2024 08/31/2028 1,000,000 1,004,102 1,004,219 4.25% 42,500 U.S. Treasury Notes 09/29/2025 09/15/2028 2,000,000 1,985,469 1,966,718 3.64% 72,800 U.S. Treasury Notes 11/10/2025 10/15/2028 2,000,000 1,995,469 1,970,860 3.58% 71,600 U.S. Treasury Notes 09/16/2025 10/31/2028 2,000,000 1,875,547 1,876,640 3.50% 70,000 U.S. Treasury Notes 04/10/2024 11/15/2028 1,800,000 1,687,078 1,757,954 4.66% 83,880 U.S. Treasury Notes 10/27/2025 04/30/2029 2,000,000 1,955,234 1,931,640 3.56% 71,200 U.S. Treasury Notes 09/05/2024 05/31/2029 1,200,000 1,155,984 1,153,922 3.60% 43,200 June 30, 2026
Town of Danville
Treasurer' s Report of Investments - Detail
Town Funds
Yield to Annual
Description Purchase Date Maturity Date Par Value Cost Market Value Maturity Interest June 30, 2026
U.S. Treasury Notes 10/29/2024 07/31/2029 1,500,000 1,493,320 1,492,851 4.10% 61,500 U.S. Treasury Notes 03/05/2025 08/31/2029 2,000,000 1,923,750 1,938,282 4.06% 81,200 U.S. Treasury Notes 06/03/2025 11/30/2029 2,000,000 1,989,141 1,980,704 4.01% 80,200 U.S. Treasury Notes 07/30/2025 12/31/2029 2,000,000 1,996,875 1,980,312 3.91% 78,200 U.S. Treasury Notes 02/25/2026 01/31/2030 1,300,000 1,297,563 1,270,801 3.55% 46,150 U.S. Treasury Notes 06/18/2026 02/28/2030 2,000,000 1,985,313 1,987,890 3.55% 71,000 U.S. Treasury Notes 12/09/2025 04/30/2030 2,000,000 1,979,531 1,951,562 3.75% 75,000 U.S. Treasury Notes 04/28/2026 05/31/2030 2,000,000 1,985,781 1,968,360 3.94% 78,800 U.S. Treasury Notes 03/24/2026 07/31/2030 2,000,000 1,998,828 1,985,468 4.01% 80,200 U.S. Treasury Notes 01/29/2026 09/30/2030 1,250,000 1,241,455 1,222,461 3.79% 47,375 U.S. Treasury Notes 05/05/2026 10/31/2030 2,000,000 1,965,078 1,954,844 4.05% 81,000 Subtotal 51,400,000$ 50,379,108$ 50,609,925$ 3.97% 2,041,920$ Cash Equivalents
Wells Fargo Trsry Plus M Mkt - reserve fund (2001 COP) 516,941 516,941 516,941 3.14% 16,232 Wells Fargo Trsry Plus M Mkt - reserve fund (2005 COP) 358,529 358,529 358,529 3.17% 11,365 Bank of New York 343,184 343,184 343,184 3.17% 10,879
US Bank 3,030,692 3,030,692 3,030,692 0.00% 0
LAIF 24,839,179 24,839,179 24,839,179 3.82% 947,863
Subtotal 29,088,525$ 29,088,525$ 29,088,525$ 3.39% 986,339 Asset- Backed Securities
GM Finacial Automobile Leasing Trust 2025-1 A3 02/05/2025 02/21/2028 405,000 404,952 405,752 4.66% 18,873 BMW Vehicle Owner Trust 2023-A A3 07/11/2023 02/25/2028 29,932 29,927 30,030 5.47% 1,637 BMW Vehicle Lease Trust 2025-1 A3 06/03/2025 06/26/2028 250,000 249,995 250,316 4.82% 12,050 Toyota Auto Receivables Owner 2023-D A3 11/07/2023 08/15/2028 132,429 132,415 133,264 5.61% 7,429 Chase Issuance Trust 2023-1 A 09/07/2023 09/15/2028 995,000 994,724 997,506 5.23% 52,039 BMW Vehicle Owner Trust 2024-A A3 06/04/2024 02/26/2029 260,760 260,720 262,080 5.18% 13,507 Bank of America Credit Card Trust 2024-1 A 06/06/2024 05/15/2029 475,000 474,973 478,066 4.93% 23,418 John Deere Owner Trust 2025 A3 03/04/2025 09/17/2029 470,000 469,970 469,418 5.09% 23,923 BMW Vehicle Owner Trust 2025-A A3 02/04/2025 09/25/2029 635,000 634,937 636,570 4.56% 28,956 Honda Auto Receivables 2025-2 Owner Trust 04/29/2025 10/15/2029 310,000 309,965 309,318 4.15% 12,865 Mercedes- Benz Auto Receivables Trust 2025-1 01/14/2025 12/17/2029 560,000 559,881 562,454 4.84% 27,104 Subtotal 4,523,120$ 4,522,460$ 4,534,774$ 4.90% 221,801$
Town of Danville
Treasurer' s Report of Investments - Detail
Town Funds
Yield to Annual
Description Purchase Date Maturity Date Par Value Cost Market Value Maturity Interest June 30, 2026
Supranational
International Finance Corp Note 11/29/2023 01/15/2027 925,000 921,985 926,407 4.49% 41,533 Inter-American Dev Bank Note 01/30/2024 02/01/2027 1,000,000 1,004,020 1,001,770 4.23% 42,300 International Bank For Reconstruction and Dev 03/11/2024 07/12/2028 1,500,000 1,456,965 1,480,623 4.23% 63,450 Subtotal 3,425,000$ 3,382,970$ 3,408,800$ 4.30% 147,283$ US Corporate
Paccar Financial Corp Note 08/03/2023 08/10/2026 515,000 514,743 515,491 5.07% 26,111 Bank of America NA Callable Note Cont 08/24/2023 08/18/2026 1,000,000 1,001,360 1,000,791 5.48% 54,800 Morgan Stanley Bank NA Callable Note 10/30/2023 10/30/2026 440,000 440,000 441,923 5.88% 25,872 Honeywell Intl Callable Note 01/11/2023 11/01/2026 1,000,000 933,280 994,184 4.42% 44,200 Pepsico Inc. Callable Note Cont 11/08/2023 11/10/2026 360,000 359,903 361,071 5.13% 18,468 JP Morgan Chase Bank Callable Note 12/05/2023 12/08/2026 405,000 405,000 406,429 5.11% 20,696 John Deere Capital Corp 01/10/2024 01/08/2027 1,000,000 999,220 1,001,610 4.53% 45,300 Cisco Systems Inc 02/26/2024 02/26/2027 1,000,000 999,620 1,003,558 4.81% 48,100 State Street Corp 03/13/2024 03/18/2027 1,065,000 1,065,000 1,070,322 4.99% 53,144 Caterpillar Financial Service Note 05/15/2024 05/14/2027 1,000,000 1,002,930 1,006,967 4.89% 48,900 Blackrock Funding Inc 07/17/2024 07/26/2027 690,000 689,979 692,240 4.60% 31,740 Amazon. com Inc 07/10/2024 08/22/2027 1,000,000 954,920 988,031 4.73% 47,300 Visa Inc 08/19/2024 09/15/2027 1,000,000 960,360 982,124 4.14% 41,400 Paccar Financial Corp Note 08/04/2025 08/08/2028 540,000 539,681 536,280 4.02% 21,708 Alphabet Inc. 11/03/2025 11/15/2028 395,000 394,660 391,431 3.91% 15,445 MET Tower Global Funding 01/07/2026 01/14/2029 645,000 644,168 635,993 4.05% 26,123 Pepsico INC. 07/29/2025 01/15/2029 1,000,000 997,580 994,242 4.18% 41,800 Bank of New York Mellon Corp 02/12/2025 02/01/2029 1,250,000 1,240,750 1,251,126 4.81% 60,125 ALPHABET INC 02/09/2026 02/15/2029 370,000 368,657 363,994 3.83% 14,171 ABBOTT LABORATORIES 03/09/2026 03/09/2029 1,000,000 998,478 980,849 3.75% 37,500 MERCK & CO INC 12/01/2025 03/15/2029 675,000 674,001 666,766 3.90% 26,325 Eli Lilly and Co. 05/06/2026 05/20/2029 270,000 269,841 268,596 4.17% 11,259 Nvidia Corp 06/15/2026 06/15/2029 1,000,000 998,795 996,987 3.90% 39,000 Paccar Financial Corp 06/16/2026 06/18/2029 460,000 459,425 458,632 4.17% 19,182 Apple Inc. 03/05/2025 09/11/2029 500,000 457,525 469,610 4.29% 21,450 Subtotal 18,580,000$ 18,369,876$ 18,479,248$ 4.52% 840,117$ TOTAL 132,037,996$ 130,386,278$ 130,979,151$ 4.03% 5,317,269$ Source:
Chandler Asset Management
US Bank
Local Agency Investment Fund ( LAIF)
Town of Danville
Treasurer' s Report of Investments - Detail
June 30, 2026
Yield to Annual
Description Purchase Date Maturity Date Par Value Cost Market Value Maturity Interest Cash Equivalents
LAIF 1,956,199 1,956,199 1,956,199 3.82% 74,649
TOTAL 1,956,199$ 1,956,199$ 1,956,199$ 3.82%$ 74,649
Source:
Local Agency Investment Fund ( LAIF)
Trust Fund
Town of Danville
Treasurer'sReport of Investments - Detail
June 30, 2026
Yield to Annual
Description Purchase Date Maturity Date Par Value Cost Market Value Maturity Interest Cash Equivalents
LAIF - redemption fund 487,004 487,004 487,004 3.82% 18,584 Wells Fargo Trsry Plus M Mkt - reserve fund ( TRBs) 385,641 385,641 385,641 3.17% 12,225 Wells Fargo Trsry Plus M Mkt - interest acct (TRBs) 183.74 184 184 3.17% 6 Wells Fargo Trsry Plus M Mkt - debt service acct ( TRBs) 0.61 1 1 0.00% 0 Subtotal 872,829$ 872,829$ 872,829$ 3.53% 30,815$
TOTAL 872,829$ 872,829$ 872,829$ 3.53% 30,815$
Source:
BNY Trust Company
Local Agency Investment Fund ( LAIF)
Community Development Agency/ Successor Agency
Page8
Town of Danville
Treasurer'sReport of Investments - Detail
Yield to Annual
Description Purchase Date Maturity Date Par Value Cost Market Value Maturity Interest U.S. Treasury Obligations
U.S. Treasury Bill 9/16/2025 9/30/2026 250,000 249,473 249,776 4.14% 10,350 U.S. Treasury Bill 12/18/2025 11/15/2026 250,000 246,592 248,195 3.71% 9,275 U.S. Treasury Bill 3/30/2026 3/31/2027 250,000 246,914 247,227 3.54% 8,850 U.S. Treasury Bill 6/12/2026 6/30/2027 250,000 249,434 249,123 3.77% 9,425 Subtotal 1,000,000$ 992,412$ 994,320$ 3.79% 37,900$
Cash Equivalents
LAIF - improvement fund ( 188,617) ( 188,617) ( 188,617) 3.82%( 7,198) Bank of New York-Improvement fd 24,578 24,578 24,578 3.17% 779 Subtotal ( 164,039)$ ( 164,039)$ ( 164,039)$ 3.91%( 6,418)$ Total 835,961$ 828,373$ 830,281$ 3.77% 31,482$
Source:
Chandler Asset Management
BNY Trust Company
Local Agency Investment Fund (LAIF)
Northeast Roadway Improvement Assessment District (NERIAD) June 30, 2026