Agenda packet — Escondido City Council, August 26, 2026 (part 1 of 2)

CITY of ESCONDIDO
Council Meeting Agenda
WEDNESDAY, AUGUST 26, 2026
4:00 PM - Closed Session (City Attorney Conference Room) 5:00 PM - Regular Session
Escondido City Council Chambers, 201 North Broadway, Escondido, CA 92025

WELCOME TO YOUR CITY COUNCIL MEETING
We welcome your interest and involvement in the legislative process of Escondido. This agenda includes information about topics coming before the City Council and the action recommended by City staff.

MAYOR
Dane White

DEPUTY MAYOR
Joe Garcia (District 2)

COUNCILMEMBERS
Consuelo Martinez (District 1)
Christian Garcia (District 3)
Judy Fitzgerald (District 4)

CITY MANAGER
Sean McGlynn

CITY ATTORNEY
Michael McGuinness

CITY CLERK
Zack Beck

HOW TO WATCH
The City of Escondido provides three ways to watch a City Council meeting:

In Person On TV Online
201 N. Broadway Cox Cable Channel 19 and U-verse Channel 99 www.escondido.gov 1 Wednesday, August 26, 2026

HOW TO PARTICIPATE
The City of Escondido provides three ways to communicate with the City Council during a meeting:

In Person In Writing

Fill out Speaker Slip and Submit to City Clerk escondido-ca.municodemeetings.com Online

https://publiccomment.escondido.gov/

ASSISTANCE PROVIDED
If you need special assistance to participate in this meeting, please contact our ADA Coordinator at 760-839-4869.

Notification 48 hours prior to the meeting will enable to city to make reasonable arrangements to ensure accessibility. Listening devices are available for the hearing impaired – please see the City Clerk.

2 Wednesday, August 26, 2026

CLOSED SESSION
4:00 PM

CALL TO ORDER

1. Roll Call: Fitzgerald, C. Garcia, J. Garcia, Martinez, White

ORAL COMMUNICATIONS
In addition to speaking during particular agenda items, the public may address the Council on any item which is not on the agenda provided the item is within the subject matter jurisdiction of the City Council. State law prohibits the Council from discussing or taking action on such items, but the matter may be referred to the City Manager/staff or scheduled on a subsequent agenda. Speakers are limited to only one opportunity to address the Council under Oral Communications.

CLOSED SESSION

I. Public Employee Appointment (Government Code § 54957(b)) a. Consideration of Appointment of Interim City Attorney

ADJOURNMENT

3 Wednesday, August 26, 2026

REGULAR SESSION
5:00 PM Regular Session

MOMENT OF REFLECTION

FLAG SALUTE
The City Council conducts the Pledge of Allegiance at the beginning of every City Council meeting.

CALL TO ORDER
Roll Call: Fitzgerald, C. Garcia, J. Garcia, Martinez, White

CLOSED SESSION REPORT

CONSENT CALENDAR
Items on the Consent Calendar are not discussed individually and are approved in a single motion. However, Council members always have the option to have an item considered separately, either on their own request or at the request of staff or a member of the public.

1. AFFIDAVITS OF PUBLICATION, MAILING, AND POSTING (COUNCIL/RRB)

2. APPROVAL OF WARRANT REGISTER
Request the City Council approve the City Council and Housing Successor Agency warrants issued between August 03, 2026 to August 16, 2026.

Staff Recommendation: Approval (Finance Department: Christina Holmes, Director of Finance)

3. APPROVAL OF MINUTES: Regular meetings of August 5, 2026 and August 12, 2026

4. WAIVER OF READING OF ORDINANCES AND RESOLUTIONS
4 Wednesday, August 26, 2026

5. TREASURER’S INVESTMENT REPORT FOR THE QUARTER ENDED JUNE 30, 2026 Request the City Council approve the Quarterly Investment Report for the quarter ended June 30, 2026.

Staff Recommendation: Approval (Finance Department: Douglas Shultz, City Treasurer) Presenter: Douglas Shultz, City Treasurer

6. CALIFORNIA CENTER FOR THE ARTS, ESCONDIDO, KITCHEN SEWER REPLACEMENT PROJECT FIRST

AMENDMENT AND BUDGET ADJUSTMENT
Request the City Council adopt Resolution No. 2026-132 authorizing the Mayor to execute a construction change order for the CCAE Kitchen Sewer Replacement Project in the amount of $291,685 and authorize a budget adjustment in the amount of $160,467 of Measure I funds.

Staff Recommendation: Approval (Public Works Department: Joseph Goulart, Director of Public Works) Presenter: Ed Vasquez, Project Manager
a) Resolution No. 2026-132

7. NEIGHBORHOOD REINVESTMENT PROGRAM GRANT AND BUDGET ADJUSTMENT Request the City Council adopt Resolution No. 2026-138 authorizing the Escondido Fire Department to accept Neighborhood Reinvestment Program grant funds in the amount of $59,230; authorize the Fire Chief or his designee to execute grant documents on behalf of the City and approve budget adjustments needed to accept and spend grant funds.

Staff Recommendation: Approval (Fire Department: Tyler Batson, Interim Fire Chief) Presenter: Tyler Batson, Interim Fire Chief
a) Resolution No. 2026-138

CONSENT RESOLUTIONS AND ORDINANCES (COUNCIL/RRB)
The following Resolutions and Ordinances were heard and acted upon by the City Council/RRB at a previous City Council/Mobilehome Rent Review meeting. (The title of Ordinances listed on the Consent Calendar are deemed to have been read and further reading waived.)

8. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ESCONDIDO, CALIFORNIA, AUTHORIZING THE CITY MANAGER TO EXECUTE A TEMPORARY LICENSE AND ACCESS AGREEMENT FOR PROPERTY AT 510 N. BROADWAY, ESCONDIDO, CALIFORNIA, AS PART OF THE ESCONDIDO CREEK TRAIL PROJECT Approved on August 5, 2026 with a vote of 5/0.
a) Ordinance No. 2026-17 (Second Reading and Adoption)
5 Wednesday, August 26, 2026

PUBLIC HEARINGS

9. INTERIM URGENCY ORDINANCE PROHIBITING DATA CENTERS WITHIN THE CITY OF ESCONDIDO Request the City Council adopt Ordinance No. 2026-18, approving an Interim Ordinance to prohibit the establishment, expansion, or intensification of Data Centers and other similar high-intensity computing uses within the City of Escondido.

Staff Recommendation: Approval (Development Services Department: Kevin Snyder, Director of Development Services)
Presenter: Garrett Smith, City Planner
a) Ordinance No. 2026-18 (First Reading and Introduction)

10. ESCONDIDO POLICE DEPARTMENT MILITARY EQUIPMENT REPORT Request the City Council adopt Ordinance No. 2026-16 approving the Escondido Police Department Annual Military Equipment Report in accordance with state law requirements as set for in Assembly Bill No. 481 (“AB 481”).

Staff Recommendation: Approval (Police Department: Ken Plunkett, Chief of Police) Presenters: Erik Witholt, Police Captain; and Lisa Rodelo, Assistant Director of Police Support Services a) Ordinance No. 2026-16 (First Reading and Introduction)

11. BICYCLES, NONMOTORIZED VEHICLES, AND MOBILITY DEVICES Request that City Council adopt Ordinance No. 2026-07, amending Chapters 5, 10, 18, and 28 of the Escondido Municipal Code to regulate Bicycles, Nonmotorized Vehicles, and Mobility Devices, and related enforcement activities.

Staff Recommendation: Approval (Police Department: Ken Plunkett, Chief of Police) Presenter: Craig Miller, Lieutenant, Traffic Division
a) Ordinance No. 2026-07 (First Reading and Introduction)

6 Wednesday, August 26, 2026

CURRENT BUSINESS

12. RESOLUTION IN OPPOSITION TO PROPOSITION 44
Request the City Council consider, and take such action as it deems appropriate on, Resolution No. 2026-146, expressing the City Council's opposition to Proposition 44, an initiative statute that will appear before California voters at the November 3, 2026 Statewide General Election.

Staff Recommendation: None (City Clerk’s Office: Zack Beck, City Clerk) Presenter: Mayor Dane White, Councilmember Christian Garcia, Neighborhood Healthcare a) Resolution No. 2026-146

FUTURE AGENDA

13. FUTURE AGENDA
The purpose of this item is to identify issues presently known to staff or which members of the City Council wish to place on an upcoming City Council agenda. Council comment on these future agenda items is limited by California Government Code Section 54954.2 to clarifying questions, brief announcements, or requests for factual information in connection with an item when it is discussed.

Staff Recommendation: None (City Clerk's Office: Zack Beck)

COUNCILMEMBERS SUBCOMMITTEE REPORTS AND OTHER REPORTS
CITY MANAGER’S REPORT
The most current information from the Cit y Manager regarding Economic Development, Capital Improvement Projects, Public Safety, and Community Development.

ADJOURNMENT

UPCOMING MEETING SCHEDULE
Wednesday, September 02, 2026 4:00 & 5:00 PM Closed Session, Regular Meeting, Council Chambers Wednesday, September 16, 2026 4:00 & 5:00 PM Closed Session, Regular Meeting, Council Chambers 7 Wednesday, August 26, 2026

SUCCESSOR AGENCY
Members of the Escondido City Council also sit as the Successor Agency to the Community Development Commission, Escondido Joint Powers Financing Authority, and the Mobilehome Rent Review Board.

CEQA STATEMENT
Unless stated otherwise on the agenda, every item on the agenda is exempt from CEQA under Guideline Sections 15060(c), 15061(b), 15273, 15378, 15301, 15323 and/or Public Resources Code Section 21 065

8 Consent Item No. 1 August 26, 2026

A F F I D A V I T S

I T E M

P O S T I N G –

 APPROVAL OF RENEWAL OF THE ESCONDIDO POLICE DEPARTMENT MILITARY ORDINANCE NO. 2026-16 APPROVING DEPARTMENT INSTRUCTION 1.55, MILITARY

EQUIPMENT USE POLICY, IN ACCORDANCE WITH NEWLY ESTABLISHED STATE LAW REQUIREMENTS AS SET FORTH IN ASSEMBLY BILL NO. 481

 APPROVAL OF ORDINANCE NO. 2026-07R – BICYCLE, NONMOTORIZED VEHICLES,

AND MOBILITY DEVICES, ESTABLISHING DEFINITIONS OF BICYCLES AND

NONMOTORIZED VEHICLES, PROHIBITIONS ON AREAS OF USE, REQUIREMENTS TO

EXERCISE DUE CAUTION, PENALTIES FOR VIOLATIONS, AND LAW ENFORCEMENT EXEMPTIONS.

9 Item1.

CITY OF ESCONDIDO

OFFICE OF THE CITY CLERK
201 NORTH BROADWAY
ESCONDIDO, CA 92025-2798
(760) 839-4617

NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN on WEDNESDAY, AUGUST 26, 2026 at 5 p.m., the Escondido City Council of the City of Escondido will hold a Public Hearing to consider the following item:

APPROVAL OF RENEWAL OF THE ESCONDIDO POLICE DEPARTMENT MILITARY ORDINANCE NO. 2026-16 APPROVING DEPARTMENT INSTRUCTION 1.55, MILITARY EQUIPMENT USE POLICY,

IN ACCORDANCE WITH NEWLY ESTABLISHED STATE LAW REQUIREMENTS AS SET FORTH IN ASSEMBLY BILL NO. 481.

The Assembly Bill No. 481 Draft Policy is posted on the Escondido Police Department (EPD) website at https://police.escondido.org.

During the Public Hearing, Escondido Police Department staff will present information detailing:
x Definition of military equipment
x EPD’s equipment inventory
x EPD’s proposed equipment funding, acquisition, and use policy x Pending annual report requirement
IF YOU CHALLENGE this item in court, you may be limited to raising only those issues you or someone else raised at the Public Hearing described in this notice, or in written correspondence delivered to the City Council, at or prior to the Public Hearing.

The City of Escondido recognizes its obligation to provide equal access to public services for those individuals with disabilities. Please contact the American Disabilities Act (A.D.A.) Coordinator (760) 839- 4641 with any requests for reasonable accommodations, to include sign language interpreters, at least 24 hours prior to the meeting. The City of Escondido does not discriminate against any person with a handicapped status.

ALL INTERESTED PERSONS are invited to attend said Public Hearing to express their opinion in this matter. Said Public Hearing will be held in the Council Chambers, 201 N. Broadway, Escondido, California, 92025.

PUBLIC COMMENT: To submit comments in writing, please do so at the following link: https://escondido- ca.municodemeetings.com/bc-citycouncil/webform/public-comment.

FOR ADDITIONAL INFORMATION, please contact Erik Witholt, Police Captain (760) 839-4763.

ZACK BECK, City Clerk
City of Escondido
July 23, 2026

Published in the ESCONDIDO TIMES ADVOCATE: 7/23/26
10 Item1.

CITY OF ESCONDIDO

OFFICE OF THE CITY CLERK
201 NORTH BROADWAY
ESCONDIDO, CA 92025-2798
(760) 839-4617

NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN on WEDNESDAY, AUGUST 26, 2026 at 5 p.m., the Escondido City Council of the City of Escondido will hold a Public Hearing to consider the following item:

APPROVAL OF ORDINANCE NO. 2026-07R – BICYCLE, NONMOTORIZED VEHICLES, AND

MOBILITY DEVICES, ESTABLISHING DEFINI TIONS OF BICYCLES AND NONMOTORIZED

VEHICLES, PROHIBITIONS ON AREAS OF USE, REQUIREMENTS TO EXERCISE DUE CAUTION, PENALTIES FOR VIOLATIONS, AND LAW ENFORCEMENT EXEMPTIONS.

During the Public Hearing, Escondido Police Department staff will present information detailing:
x Definition of bicycles and nonmotorized vehicles
x Definition of electric bicycles and other motorized mobility devices x Expectations of safe operations of electric bicycles and other motorized mobility devices x Establishing penalties for administrative citations for both operators and parents of minor operators.

IF YOU CHALLENGE this item in court, you may be limited to raising only those issues you or someone else raised at the Public Hearing described in this notice, or in written correspondence delivered to the City Council, at or prior to the Public Hearing.

The City of Escondido recognizes its obligation to provide equal access to public services for those individuals with disabilities. Please contact the American Disabilities Act (A.D.A.) Coordinator (760) 839- 4376 with any requests for reasonable accommodations, to include sign language interpreters, at least 24 hours prior to the meeting. The City of Escondido does not discriminate against any person with a handicapped status.

PUBLIC COMMENT: To submit comments in writing, please do so at the following link: https://escondido- ca.municodemeetings.com/bc-citycouncil/webform/public-comment.

FOR ADDITIONAL INFORMATION, please contact Craig Miller, Police Lieutenant, (760) 839-4901.

ZACK BECK, City Clerk
City of Escondido
August 13, 2026

Published in THE ESCONDIDO TIMES ADVOCATE: 8/13/26
11 Item1.

STAFF REPORT

August 26, 2026
File Number 0400-40

SUBJECT

APPROVAL OF WARRANT REGISTER

DEPARTMENT
Finance

RECOMMENDATION
Approval for City Council and Housing Successor Agency warrants issued between August 03, 2026 to August 16, 2026
Staff Recommendation: Approval (Finance Department: Christina Holmes) ESSENTIAL SERVICE – Internal requirement per Municipal Code Section 10 COUNCIL PRIORITY –

FISCAL ANALYSIS
The total amount of the warrants for the following periods are as follows:

Dates 08/03/2026 to 08/16/2026
Total $6,197,887.22
Number of Warrants 403

BACKGROUND
The Escondido Municipal Code Section 10-49 states that warrants or checks may be issued and paid prior to audit by the City Council, provided the warrants or checks are certified and approved by the Director of Finance as conforming to the current budget. These warrants or checks must then be ratified and approved by the City Council at the next regular Council meeting. 12 Item2.

August 5, 2026 Escondido City Council Minutes Page 1 of 7

CLOSED SESSION
4:00 PM

CALL TO ORDER

1. Roll Call: Fitzgerald, C. Garcia, J. Garcia, Martinez, White

ORAL COMMUNICATIONS
None

CLOSED SESSION
I. CONFERENCE WITH LEGAL COUNSEL – ANTICIPATED LITIGATION (Government Code § 54956.9(d)(2))
a. City of Escondido Claim No. 6070
AAA as subrogee of Elisa Jones

II. CONFERENCE WITH LEGAL COUNSEL – ANTICIPATED LITIGATION (Government Code § 54956.9(d)(2),(e)(1))
a. One item

III. CONFERENCE WITH LABOR NEGOTIATORS (Government Code § 54957.6) a. Agency Representative: Sean McGlynn, City Manager, or designee Employee Organization: Escondido Police Management Bargaining Unit

b. Agency Representative: Sean McGlynn, City Manager, or designee Employee Organization: Escondido Fire Management Bargaining Unit

ADJOURNMENT

13 Item3.

August 5, 2026 Escondido City Council Minutes Page 2 of 7

Mayor White adjourned the meeting at 4:45 p.m.

______________________________ _______________________________

MAYOR CITY CLERK

14 Item3.

August 5, 2026 Escondido City Council Minutes Page 3 of 7

REGULAR SESSION
5:00 PM Regular Session
Mobilehome Rent Review Board

MOMENT OF REFLECTION

FLAG SALUTE
The City Council conducts the Pledge of Allegiance at the beginning of every City Council meeting.

CALL TO ORDER
Roll Call: Fitzgerald, C. Garcia, J. Garcia, Martinez, White

PRESENTATION
Clean Energy Alliance Presentation

CLOSED SESSION REPORT

ORAL COMMUNICATIONS
Ruth Weber – Expressed opposition to The Rinks Foundation Proposal at Kit Carson Park Stephen Wheeler – Expressed gratitude to the City Council and City Staff on the re-opening the Library Melinda Ross Santa Cruz – Expressed concern regarding homelessness in Escondido.

CONSENT CALENDAR
Motion to approve items 1-5, 7: C. Garcia, Second: Fitzgerald; Approved: 5-0

1. AFFIDAVITS OF PUBLICATION, MAILING, AND POSTING (COUNCIL/RRB)

2. APPROVAL OF WARRANT REGISTER
Request the City Council approve the City Council and Housing Successor Agency warrants issued between July 20, 2026 to July 26, 2026.

Staff Recommendation: Approval (Finance Department: Christina Holmes, Director of Finance) 15 Item3.

August 5, 2026 Escondido City Council Minutes Page 4 of 7

3. APPROVAL OF MINUTES: None

4. WAIVER OF READING OF ORDINANCES AND RESOLUTIONS

5. PUBLIC SERVICE AGREEMENT WITH HONEYWELL INTERNATIONAL, INC. FOR THE FIRE

STATION ALERTING SYSTEM UPGRADE
Request the City Council adopt Resolution No. 2026-126 authorizing the Mayor, on behalf of the City, to execute a Public Service Agreement with Honeywell International, Inc., for the Fire Station Alerting System Upgrade in the amount of $404,756.78. (File Number 0600-10; A-3608) Staff Recommendation: Approval (Fire Department: Tyler Batson, Deputy Fire Chief) Presenter: Tyler Batson, Deputy Fire Chief
a) Resolution No. 2026-126

6. REQUEST APPROVAL FOR CHANGE ORDER TWO AND AN ANTICIPATED THIRD CHANGE

ORDER TO THE PUBLIC IMPROVEMENT AGREEMENT WITH PALM ENGINEERING CONSTRUCTION COMPANY, INC. FOR THE MOUNTAIN VIEW PARK PICKLEBALL COURTS

PROJECT
Request the City Council adopt Resolution No. 2026-130: (1) authorizing the Mayor to execute, on behalf of the City, change order number two to the Public Improvement Agreement with Palm Engineering Construction Company, Inc. for the installation of a concrete patio area with retaining walls and sidewalks as gathering space and potential rental event space area in the amount of $131,340; and (2) authorizing the Mayor to execute, on behalf of the City, a third change order to the Public Improvement Agreement with Palm Engineering Construction Company, Inc. in an maximum amount of $45,000 should additional funds be needed for maintenance access to the site. (File Number 0910-20)
Staff Recommendation: Approval (Development Services Department: Kevin Snyder, Director of Development Services)
Presenter: Michael Tully, Project Manager
a) Resolution No. 2026-130
Motion: White; Second: C. Garcia; Approved: 5-0

7. ORDINANCE AUTHORIZING CITY MANAGER TO EXECUTE TEMPORARY LICENSE AND ACCESS

AGREEMENT FOR ESCONDIDO CREEK TRAIL PROJECT
Request the City Council adopt Ordinance No. 2026-17 authorizing the City Manager to execute a temporary license and access agreement with the owner of the Evans Tire property located at 510 N. Broadway for the purpose of installing a gateway entry sign and rock garden 16 Item3.

August 5, 2026 Escondido City Council Minutes Page 5 of 7

as part of the Escondido Creek Trail Expansion and Renovation project. (File Number 0680-10; 0600-10; A-3611)
Staff Recommendation: Approval (City Manager’s Office: Sean McGlynn, City Manager) Presenter: Joanna Axelrod, Deputy City Manager
a) Ordinance No. 2026-17 (First Reading and Introduction)

PUBLIC HEARINGS

8. SHORT-FORM RENT INCREASE APPLICATION FOR WESTWINDS MOBILEHOME PARK Request the Rent Review Board hold a Public Hearing to review and consider Westwinds Mobilehome Park Short-Form Application, located at 1415 South Pine Street, Escondido, California and adopt Resolution No. RRB 2026-127, raising all rent control space rent by 0.604 percent. (File Number 0697-20-10358)
Staff Recommendation: Approval (Development Services Director: Kevin Snyder, Director of Development Services)
Presenters: Carlos Cervantes, Management Analyst and Alfredo Rubio, Code Compliance Officer II
a) Resolution No. RRB 2026-127
Motion: White; Second: Fitzgerald; Approved: 5-0

9. PL24-0067 – AN APPEAL OF THE PLANNING COMMISSION’S DECISION TO APPROVE A

TENTATIVE SUBDIVISION MAP AND ADOPT AN ADDENDUM TO THE ENVIRONMENTAL DOCUMENT FOR THE SUBDIVISION OF ONE LOT INTO 5 RESIDENTIAL LOTS FOR FUTURE

DEVELOPMENT ON HAMILTON LANE AND BERNARDO AVENUE
Request the City Council adopt Resolution No. 2026-90 denying the appeal of the Planning Commission’s decision to approve the Tentative Subdivision Map and Addendum for the subdivision of one lot into 5 residential lots for future development on Hamilton Lane and Bernardo Avenue. (File Number 0800-40)
Staff Recommendation: Approval (Development Services Department: Kevin Snyder, AICP, Director of Development Services)
Presenter: Melissa DiMarzo, Assistant Planner II
a) Resolution No. 2026-90
17 Item3.

August 5, 2026 Escondido City Council Minutes Page 6 of 7

Gregg Oliver – Expressed support for the appeal.

Laura Hunter – Expressed support for the appeal.

Phillip Lauder – Expressed support for the appeal.

Sherly Kersteins – Expressed support for the appeal.

Scott Swaaley – Expressed support for the appeal.

Motion to continue the item and direct staff to meet with the applicant and appellant: White; Second: C. Garcia; Approved: 5-0

FUTURE AGENDA

10. FUTURE AGENDA
The purpose of this item is to identify issues presently known to staff or which members of the City Council wish to place on an upcoming City Council agenda. Council comment on these future agenda items is limited by California Government Code Section 54954.2 to clarifying questions, brief announcements, or requests for factual information in connection with an item when it is discussed.

Staff Recommendation: None (City Clerk's Office: Zack Beck) White / Fitzgerald – Presentation from San Diego Rescue Mission regarding the Point-In-Time Count vs. the By-Number Count.

COUNCILMEMBERS SUBCOMMITTEE REPORTS AND OTHER REPORTS
CITY MANAGER’S REPORT
The most current information from the City Manager regarding Economic Development, Capital Improvement Projects, Public Safety, and Community Development.

ORAL COMMUNICATIONS

ADJOURNMENT

18 Item3.

August 5, 2026 Escondido City Council Minutes Page 7 of 7

Mayor White adjourned the meeting at 7:30 p.m.

______________________________ _______________________________

MAYOR CITY CLERK

19 Item3.

August 12, 2026 Escondido City Council Minutes Page 1 of 5

CLOSED SESSION
4:00 PM

CALL TO ORDER

1. Roll Call: Fitzgerald, C. Garcia, J. Garcia, Martinez, White

ORAL COMMUNICATIONS
None

CLOSED SESSION
I. CONFERENCE WITH LEGAL COUNSEL – ANTICIPATED LITIGATION (Government Code § 54956.9(d)(2))
a. City of Escondido Claim No. 6070
AAA as subrogee of Elisa Jones

II. CONFERENCE WITH LEGAL COUNSEL – ANTICIPATED LITIGATION (Government Code § 54956.9(d)(2),(e)(1))
a. One item

ADJOURNMENT

Mayor White adjourned the meeting at 4:45 p.m.

______________________________ _______________________________

MAYOR CITY CLERK

20 Item3.

August 12, 2026 Escondido City Council Minutes Page 2 of 5

REGULAR SESSION
5:00 PM Regular Session

MOMENT OF REFLECTION

FLAG SALUTE
The City Council conducts the Pledge of Allegiance at the beginning of every City Council meeting.

CALL TO ORDER
Roll Call: Fitzgerald, C. Garcia, J. Garcia, Martinez, White

CLOSED SESSION REPORT

ORAL COMMUNICATIONS
Melissa Petri – Expressed concern regarding the proposed Rinks Project at Kit Carson Park Kasey Van Lant – Expressed concern regarding the process for approving affordable housing in Escondido

CONSENT CALENDAR
Motion: White; Second: C. Garcia; Approved: 5-0

1. AFFIDAVITS OF PUBLICATION, MAILING, AND POSTING (COUNCIL/RRB)

2. APPROVAL OF WARRANT REGISTER
Request the City Council approve the City Council and Housing Successor Agency warrants issued between July 27, 2026 to August 02, 2026.

Staff Recommendation: Approval (Finance Department: Christina Holmes, Director of Finance)

3. APPROVAL OF MINUTES: Regular meeting of July 29, 2026

4. WAIVER OF READING OF ORDINANCES AND RESOLUTIONS

CURRENT BUSINESS
21 Item3.

August 12, 2026 Escondido City Council Minutes Page 3 of 5

5. GROUND LEASE BETWEEN THE CITY OF ESCONDIDO AND COSTCO WHOLESALE

CORPORATION
Request City Council adopt Resolution No. 2026-139, authorizing the Mayor and/or Authorized Officers to execute a lease agreement and related documents for a lease term of twenty years with seven, five-year options for Costco Wholesale Corporation (“Costco”). The property is Parcel 1 of the 8 distinct parcels comprising the North County Mall site at 272 East Via Rancho Parkway, Escondido. The property is currently leased to Transform Operating Stores LLC (“Transformco”) as successor-in-interest to Sears, Roebuck and Co. (“Sears”). (File Number 0600-10; A-3609)
Staff Recommendation: Approval (City Manager’s Office: Christopher McKinney, Deputy City Manager)
Presenter: Christopher McKinney, Deputy City Manager
a) Resolution No. 2026-139
Gregg Oliver - Encouraged the Council to update the terms of the MOU to require Costco to pay the City if they do not complete the project.

Motion: Fitzgerald; Second: C. Garcia; Approved: 5-0

6. RESOLUTION APPROVING A MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY AND LOVE ESCO, INC. TO EXPLORE A POTENTIAL FUTURE DONATION OF DESIGN SERVICES, CONSTRUCTION SERVICES, AND MATERIAL FOR CITY PARK FACILITIES AT “HERITAGE GARDEN” POCKET PARK IN DOWNTOWN ESCONDIDO
Request the City Council adopt Resolution No. 2026-77 approving a Memorandum of Understanding (“MOU”) with Love Esco, Inc. (“Love Esco”) a registered 501(c)(3) non-profit organization, to explore a potential future donation of design services, construction services, and materials for City park facilities on City owned property at the corner of East Grand Avenue and North Juniper Street in downtown Escondido (“Heritage Garden”). (File Number 0680-20)
Deputy Mayor Joe Garcia recused himself from the item and left the dais Staff Recommendation: Approval (City Manager’s Office: Christopher McKinney, Deputy City Manager)
Presenter: Christopher McKinney, Deputy City Manager
a) Resolution No. 2026-77
22 Item3.

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Mark Skovorodko – Expressed support for the project
Chris Moates – Expressed support for the project
Carol Rogers – Expressed opposition to the project
Louisa Magoon – Expressed opposition to the project
Sabrina Covington – Expressed support for the project
Motion to approve the MOU with adding the following language to Section 2.A: “consider input from the Downtown Business Association”: White; Second: C. Garcia; Approved: 3-1 (Martinez – No)

WORKSHOP
Deputy Mayor Joe Garcia returned to the dais

7. ESCONDIDO 2040 - GENERAL PLAN UPDATE
Request the City Council receive a presentation on the Escondido 2040 General Plan update. (File Number 0150-55)
Staff Recommendation: Receive and File (Development Services Department: Kevin Snyder, Director of Development Services)
Presenter: Garrett Smith, City Planner

FUTURE AGENDA

8. FUTURE AGENDA
The purpose of this item is to identify issues presently known to staff or which members of the City Council wish to place on an upcoming City Council agenda. Council comment on these future agenda items is limited by California Government Code Section 54954.2 to clarifying questions, brief announcements, or requests for factual information in connection with an item when it is discussed.

Staff Recommendation: None (City Clerk's Office: Zack Beck) D. White / C. Garcia - Resolution in opposition to Proposition 44 and a presentation from Neighborhood Healthcare
23 Item3.

August 12, 2026 Escondido City Council Minutes Page 5 of 5

J. Fitzgerald / D. White - Presentation from County of San Diego Tax regarding their tax increase proposal
J. Fitzgerald / J. Garcia - Presentation from the Escondido Chamber of Commerce

COUNCILMEMBERS SUBCOMMITTEE REPORTS AND OTHER REPORTS
CITY MANAGER’S REPORT
The most current information from the City Manager regarding Economic Development, Capital Improvement Projects, Public Safety, and Community Development.

ORAL COMMUNICATIONS

ADJOURNMENT
Mayor White adjourned the meeting at 7:00 p.m.

______________________________ _______________________________

MAYOR CITY CLERK

24 Item3.
25 Item4.

STAFF REPORT

August 26, 2026
File Number 0490-55

SUBJECT
TREASURER’S INVESTMENT REPORT FOR THE QUARTER ENDED JUNE 30, 2026

DEPARTMENT
City Treasurer

RECOMMENDATION
Request the City Council approve the Quarterly Investment Report for the quarter ended June 30, 2026.

Staff Recommendation: Approval (City Treasurers: Douglas Shultz, City Treasurer) Presenter: Douglas Shultz, City Treasurer
ESSENTIAL SERVICE – Yes, internal requirement
COUNCIL PRIORITY –

FISCAL ANALYSIS
From April 1, 2026 to June 30, 2026, the City’s investment portfolio increased from $225 million to $252 million. The adjusted average annual yield increased from 3.542 percent to 3.585 percent with the portfolio duration at 2.011 percent. The City continues to see additional revenue coming in from the Measure I Sales Tax that went into effect this calendar year. These positive cashflows account for the amounts that increased in this third fiscal year quarter ending June 30, 2026.

PREVIOUS ACTION
The Investment Report for the quarter ended March 31, 2026, was filed with the City Clerk’s Office on April 30, 2026, and presented to the City Council on May 13, 2026.

BACKGROUND
The City of Escondido’s ( “City”) Investment Policy requires the City Treasurer to submit a quarterly investment report to the City Council and City Manager. The quarterly investment report should include the type of investment, issuer, date of maturity, par and dolla r amount invested and market value for each security held by the City. Details of the City’s investment portfolio are included in the attached reports that are listed below:
26 Item5.

• Summary of Investment Allocation as of June 30, 2026 (Attachment “1”) • Summary of Investment Portfolio Yield for the last 12 months (Attachment “2”) • Schedule of Funds Managed by Outside Parties as of June 30, 2026 (Attachment “3”) The Investment Performance Review ( Attachment “4”) provides a Market Update, the City’s Portfo lio Strategy and Performance, Issuer Distributions, Portfolio Distributions and Portfolio Holdings. The Summary of Investment Allocation ( Attachment “1”) and the Summary of Investment Portfolio Yield for the last 12 months (Attachment “2”) shows the total investment portfolio including funds in LAIF, CAMP, Stone Castle, and the City’s money market account with BNY.

There are adequate funds to meet the next six-month’s expected expenditures. As of June 30, 2026, the City complies with all requirements of the City’s Investment Policy.

The cashflow has been and will continue to be deployed out on the investment maturity ladder, specifically targeting the next 3-5 years to lock in the current high rates in anticipation of short-term rates coming down in the n ear future. We continue to take advantage of CAMP’s high interest rates, which allow us one of the highest yields in the market while allowing the liquidity the City needs to maintain cash flows.

ATTACHMENTS
a. Attachment “1” – Summary of Investment Allocation as of June 30, 2026 b. Attachment “2” – Summary of Investment Portfolio Yield for the last 12 months c. Attachment “3” – Schedule of Funds Managed by Outside Parties as of June 30, 2026 d. Attachment “4” – Investment Performance Review for the Quarter Ended June 30, 2026 27 Item5.

Attachment "1"
Investment Type Market Value
State Investment Pool (LAIF) 13,223$ 13,223$ 0.01% California Asset Management Program (CAMP) 39,911,304 39,911,304 15.83% Placement Service Deposits (Stone Castle) 5,556,978 5,556,978 2.20% U.S. Treasury Obligations 123,080,578 122,955,999 48.75% Federal Agency Securities 5,917,031 5,908,910 2.34%
Supranational Securities 0 0 0.00%
U.S. Corporate Bonds 63,902,867 63,491,848 25.18%
U.S. Municipal Bonds 310,000 310,000 0.12%
Asset-Backed Security 0 0 0.00%
Money Market Account (BNY Blackrock) 14,045,385 14,045,385 5.57% Total Investment Portfolio - June 2026 252,737,366$ 252,193,647$ 100% Reported Total Investments - March 2026 225,328,455$ 225,701,427$ Change from Prior Quarter 27,408,911$ 26,492,220$
Portfolio Duration 2.011
City of Escondido
Summary of Investment Allocation
as of June 30, 2026
Book Value
Percent of
Portfolio at
Market
16%
2%
49%
2%0%
25%
0% 6%
Summary of Investment Allocation as of
June 30, 2026 California Asset Management Program (CAMP) Placement Service Deposits (Stone Castle)
U.S. Treasury Obligations
Federal Agency Securities
Supranational Securities
U.S. Corporate Bonds
U.S. Municipal Bonds
Money Market Account (BNY Blackrock)
28 Item5.

Attachment "2"
Date Book Value Yield
Jun-26 $252,737,366.30 3.657%
May-26 $238,301,526.33 3.740%
Apr-26 $232,742,538.24 3.554%
Mar-26 $225,328,591.57 3.741%
Feb-26 $218,643,320.78 3.599%
Jan-26 $206,094,052.18 3.670%
Dec-25 $205,909,745.35 3.532%
Nov-25 $189,424,797.17 3.583%
Oct-25 $192,607,536.29 3.622%
Sep-25 $196,630,386.52 3.503%
Aug-25 $187,476,401.32 3.467%
Jul-25 $200,982,111.91 3.356%
Average Portfolio Interest Yields 3.585%
* Includes Assets managed by PFM, LAIF, and Stone Castle.

SUMMARY OF INVESTMENT PORTFOLIO YIELDS
FOR THE LAST 12 MONTHS
As of June 30, 2026
29 Item5.

Attachment "3"

CITY OF ESCONDIDO

FUNDS MANAGED BY OUTSIDE PARTIES
As of June 30, 2026
Market Interest Type of
Type of Funds / Institution Value Rate Investment

BOND FUNDS
BANK OF NEW YORK:
1998-1 Rancho San Pasqual Assessment District 00419457 0.29$ 3.450% Treasury 1998-1 Rancho San Pasqual Assessment District 00419471 379,526.24 3.550% Treasury 2013 JPFA Reidy Creek Lease Revenue Bonds (2001 Refunding) 00844523 0.00 0.000% Treasury 2013 JPFA Reidy Creek Lease Revenue Bonds (2001 Refunding) 00844524 0.30 3.330% Treasury 2013 Community Facility District - Hidden Trails (2001 Refunding) 00495895 22.44 3.570% Treasury 2013 Community Facility District - Hidden Trails (2001 Refunding) 00495896 0.29 3.450% Treasury 2015 Community Facility District - Eureka Ranch (2006 Refunding) 00686531 79.72 3.560% Treasury 2015 Community Facility District - Eureka Ranch (2006 Refunding) 00686532 440.99 0.000% Treasury 2015 Community Facility District - Eureka Ranch (2006 Refunding) 00686537 113.72 0.000% Cash 2015A Wastewater Bond (2004A Refunding) 00479672 789,712.45 3.550% Dreyfus Cash Management 2015A Wastewater Bond (2004A Refunding) 00479673 0.04 0.000% Dreyfus Cash Management 2015A Wastewater Bond (2004A Refunding) 00479674 350.20 3.550% Dreyfus Cash Management 2019 Water Bond (JPFA 19AB) 00766031 410.80 3.300% Dreyfus Cash Management 2019 Water Bond (JPFA 19AB) 00766038 2.90 2.450% Dreyfus Cash Management 2019 Water Bond (JPFA 19AB) 00766051 175.69 3.300% Dreyfus Cash Management 2021A WasteWater Ref Rev 0.00 0.000% Dreyfus Cash Management 2021 Community Facility District - The Villages 00238487 8,153.38 0.000% Cash/Treasury 2021 Community Facility District - The Villages 00238488 1,071,180.56 0.000% Cash/Treasury 2021 Community Facility District - The Villages 00238495 0.38 0.000% Cash/Treasury 2022 Community Facility District - Eclipse Mountain House 00994224 5,209.97 0.000% Cash/Treasury 2022 Community Facility District - Eclipse Mountain House 00994255 223,000.00 0.000% Cash/Treasury 2022 Community Facility District - Eclipse Mountain House 00994641 8,983.88 0.000% Cash/Treasury 2,487,364.24$
SECTION 115 TRUST FUNDS
PUBLIC AGENCY RETIREMENT SERVICES:

PARS Post-Employment Benefits Trust $40,629,252.38 Moderately Conservative HighMark PLUS TOTAL FUNDS MANAGED BY OUTSIDE PARTIES $43,116,616.62
30 Item5.

City of Escondido Quarterly Report
City of Escondido (299155)
Quarter End (Q2 Y2026)
04/01/2026 - 06/30/2026
Dated: 07/30/2026
Locked Down
Attachment "4"
31 Item5.

Risk Summary - Fixed Income (City of Escondido (299155)) 1 Multiple Benchmarks Comparison (City of Escondido (299155)) 5 Risk-Adjusted Comparison (City of Escondido (299155)) 6 Exposure - Credit Rating (City of Escondido (299155)) 7 Overview (City of Escondido (299155))
11 Returns (City of Escondido (299155))
13 Comparison (City of Escondido (299155))
14 Exposure - Security Type (City of Escondido (299155)) 15 Exposure - Market Sector (City of Escondido (299155)) 19 Exposure - Issuer Concentration (City of Escondido (299155)) 23 Summary (City of Escondido (299155))
30 Status (City of Escondido (299155))
31 GAAP GL Income Detail (City of Escondido (299155))
34 GAAP Transaction Detail (City of Escondido (299155)) 41 Audit (City of Escondido (299155))
43 Table of Contents
Dated: 07/30/2026
Attachment "4"
32 Item5.

Issuer Concentration
Issuer Ending % of Market
Value + Accrued
United States 59.481%
Other 21.788%
BLAKCROCK 6.754%
The Home Depot, Inc. 3.362%
The Walt Disney Company 2.371%
Mastercard Incorporated 2.322%
U.S. Bancorp 1.970%
JPMorgan Chase & Co. 1.953%
--- 100.000%
Footnotes: 1,2
Cash and Fixed Income Summary
Risk Metric Value
MMFund 14,045,385.02
Fixed Income 193,914,079.58
Duration 2.011
Convexity 0.023
WAL 2.086
Years to Final Maturity 2.113
Years to Effective Maturity 2.084
Yield 4.202
Book Yield 3.726
Avg Credit Rating AA-/Aa3/AA-
Balance Sheet
Book Value + Accrued 208,503,184.05
Net Unrealized Gain/Loss -543,719.44
Market Value + Accrued 207,959,464.61
Exposure - Security Type
Exposure - Sector
Exposure - Asset Class
Risk Summary - Fixed Income City of Escondido (299155)
04/01/2026 - 06/30/2026 Return to Table of Contents Dated: 07/30/2026 1 Attachment "4"
33 Item5.

Time to Maturity
Credit Duration Heat Map
Rating,
0 - 1
1 - 2,
2 - 3
3 - 4,
4 - 5
5 - 7,
7 - 10
10 - 15,
15 - 30
AAA

0.953%

0.000%

0.989%

0.000%

0.000%
AA

13.534%

22.486%

16.517%

11.711%

1.439%

0.000%

0.000%
A

8.068%

3.409%

8.137%

4.657%

0.866%

0.000%

0.000%
BBB

0.480%

0.000%

0.000%
BB

0.000%

0.000%
B

0.000%

0.000%
CCC

0.000%

0.000%
CC

0.000%

0.000%
C

0.000%

0.000%
NA

0.000%

0.000%
Exposure - Credit Rating
Exposure - Duration
Risk Summary - Fixed Income City of Escondido (299155)
04/01/2026 - 06/30/2026 Return to Table of Contents Dated: 07/30/2026 2 Attachment "4"
34 Item5.

MMF Asset Allocation Exposure - Currency
Exposure - Industry Group
Exposure - Industry Subgroup
Exposure - Industry Sector
Exposure - Country
Risk Summary - Fixed Income City of Escondido (299155)
04/01/2026 - 06/30/2026 Return to Table of Contents Dated: 07/30/2026 3 Attachment "4"
35 Item5.
1: * Grouped by: Issuer. 2: * Groups Sorted by: Ending % of Market Value + Accrued.

Risk Summary - Fixed Income City of Escondido (299155)
04/01/2026 - 06/30/2026 Return to Table of Contents Dated: 07/30/2026 4 Attachment "4"
36 Item5.

Account and Primary Benchmark

Net of Fees (includes management and trading).

Returns are actual and have not been annualized.

No Tax Adjustment.

Note that data will not exist prior to the performance inception date of: 04/01/2022.

Reported Index Return is always Total Return.

Account/Index Base Market Value + Accrued Trailing Month Total Return, Net of
Fees
Trailing 3 Months
Total Return, Net of
Fees
Trailing 6 Months
Total Return, Net of
Fees
Trailing 12 Months
Total Return, Net of
Fees
Prior Year Total
Return, Net of Fees
Prior 3 Years Total
Return, Net of Fees
Prior 5 Years Total
Return, Net of Fees
Prior 10 Years
Total Return, Net of
Fees
City of Escondido 207,959,464.61 0.155% 0.510% 0.816% 3.166% 5.545% 15.231% --- --- ICE BofA 1-5 Year US Corporate & Government
Index
--- 0.076% 0.422% 0.596% 3.063% 6.064% 15.608% --- ---
Multiple Benchmarks Comparison City of Escondido (299155) Base Currency: USD As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 5 Attachment "4"
37 Item5.

Net of Fees (includes management and trading).

Returns are actual and have not been annualized.

No Tax Adjustment.

Note that data will not exist prior to the performance inception date of: 04/01/2022.

Reported Index Return is always Total Return.

Account Assigned Index Total Return Index Return Sharpe Ratio Jensen's Alpha Information Ratio Standard Deviation Tracking Error City of Escondido ICE BofA 1-5 Year US Corporate & Government Index

0.510% 0.422% 0.013 0.001 0.024 0.070% 0.040%
Account Index Index Start Date Index End Date
City of Escondido ICE BofA 1-5 Year US Corporate & Government Index 08/02/2002 --- Risk-Adjusted Comparison City of Escondido (299155)
04/01/2026 - 06/30/2026 Return to Table of Contents Dated: 07/30/2026 6 Attachment "4"
38 Item5.

AAA
AA+
Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 478160DJ0 JOHNSON & JOHNSON 2,000,000.00 USD 03/01/2030 CORP AAA Aaa AAA NA 2,057,273.33 City of Escondido 478160DJ0 JOHNSON & JOHNSON 2,000,000.00 USD 03/01/2030 CORP AAA Aaa AAA NA 2,057,273.33 Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 037833BZ2 APPLE INC 1,000,000.00 USD 08/04/2026 CORP AA+ Aaa AA+ NA 1,008,444.17 City of Escondido 037833EH9 APPLE INC 1,000,000.00 USD 08/05/2028 CORP AA+ Aaa AA+ NA 949,757.78 City of Escondido 3130BA2S5 FEDERAL HOME LOAN BANKS 4,000,000.00 USD 03/25/2031 AGCY BOND AA+ Aa1 AA+ AA+ 4,035,420.00 City of Escondido 3133EMAC6 FEDERAL FARM CREDIT BANKS FUNDING CORP 1,000,000.00 USD 09/21/2027 AGCY BOND AA+ Aa1 AA+ AA+ 962,303.33 City of Escondido 3135G05Y5 FEDERAL NATIONAL MORTGAGE ASSOCIATION 1,000,000.00 USD 10/08/2027 AGCY BOND AA+ Aa1 AA+ AA+ 960,499.17 City of Escondido 9128282A7 UNITED STATES TREASURY 1,900,000.00 USD 08/15/2026 US GOV AA+ Aa1 AA+ AA+ 1,905,045.18 City of Escondido 9128285M8 UNITED STATES TREASURY 4,000,000.00 USD 11/15/2028 US GOV AA+ Aa1 AA+ AA+ 3,923,604.67 City of Escondido 9128286B1 UNITED STATES TREASURY 3,000,000.00 USD 02/15/2029 US GOV AA+ Aa1 AA+ AA+ 2,916,515.64 City of Escondido 912828V98 UNITED STATES TREASURY 1,160,000.00 USD 02/15/2027 US GOV AA+ Aa1 AA+ AA+ 1,157,289.12 City of Escondido 912828Y95 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2026 US GOV AA+ Aa1 AA+ AA+ 2,012,582.27 City of Escondido 912828Z94 UNITED STATES TREASURY 2,000,000.00 USD 02/15/2030 US GOV AA+ Aa1 AA+ AA+ 1,834,310.72 City of Escondido 912828ZV5 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2027 US GOV AA+ Aa1 AA+ AA+ 2,895,190.76 City of Escondido 91282CAD3 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2027 US GOV AA+ Aa1 AA+ AA+ 1,924,228.45 City of Escondido 91282CAY7 UNITED STATES TREASURY 2,000,000.00 USD 11/30/2027 US GOV AA+ Aa1 AA+ AA+ 1,905,038.74 City of Escondido 91282CBJ9 UNITED STATES TREASURY 1,000,000.00 USD 01/31/2028 US GOV AA+ Aa1 AA+ AA+ 951,368.45 City of Escondido 91282CDF5 UNITED STATES TREASURY 3,000,000.00 USD 10/31/2028 US GOV AA+ Aa1 AA+ AA+ 2,822,839.73 City of Escondido 91282CDG3 UNITED STATES TREASURY 5,000,000.00 USD 10/31/2026 US GOV AA+ Aa1 AA+ AA+ 4,963,626.90 Exposure - Credit Rating City of Escondido (299155)
As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 7 Attachment "4"
39 Item5.

AA
Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 91282CDG3 UNITED STATES TREASURY 400,000.00 USD 10/31/2026 US GOV AA+ Aa1 AA+ AA+ 397,090.15 City of Escondido 91282CDG3 UNITED STATES TREASURY 1,000,000.00 USD 10/31/2026 US GOV AA+ Aa1 AA+ AA+ 992,725.38 City of Escondido 91282CDG3 UNITED STATES TREASURY 500,000.00 USD 10/31/2026 US GOV AA+ Aa1 AA+ AA+ 496,362.69 City of Escondido 91282CDG3 UNITED STATES TREASURY 2,000,000.00 USD 10/31/2026 US GOV AA+ Aa1 AA+ AA+ 1,985,450.76 City of Escondido 91282CEN7 UNITED STATES TREASURY 2,000,000.00 USD 04/30/2027 US GOV AA+ Aa1 AA+ AA+ 1,987,746.30 City of Escondido 91282CES6 UNITED STATES TREASURY 3,000,000.00 USD 05/31/2029 US GOV AA+ Aa1 AA+ AA+ 2,892,717.70 City of Escondido 91282CEV9 UNITED STATES TREASURY 2,000,000.00 USD 06/30/2029 US GOV AA+ Aa1 AA+ AA+ 1,949,636.63 City of Escondido 91282CEV9 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2029 US GOV AA+ Aa1 AA+ AA+ 2,924,454.95 City of Escondido 91282CEW7 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2027 US GOV AA+ Aa1 AA+ AA+ 2,975,364.95 City of Escondido 91282CFB2 UNITED STATES TREASURY 1,000,000.00 USD 07/31/2027 US GOV AA+ Aa1 AA+ AA+ 996,940.99 City of Escondido 91282CFB2 UNITED STATES TREASURY 1,000,000.00 USD 07/31/2027 US GOV AA+ Aa1 AA+ AA+ 996,940.99 City of Escondido 91282CFB2 UNITED STATES TREASURY 3,000,000.00 USD 07/31/2027 US GOV AA+ Aa1 AA+ AA+ 2,990,822.98 City of Escondido 91282CFB2 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2027 US GOV AA+ Aa1 AA+ AA+ 1,993,881.99 City of Escondido 91282CFH9 UNITED STATES TREASURY 1,000,000.00 USD 08/31/2027 US GOV AA+ Aa1 AA+ AA+ 999,074.97 City of Escondido 91282CFJ5 UNITED STATES TREASURY 2,000,000.00 USD 08/31/2029 US GOV AA+ Aa1 AA+ AA+ 1,959,949.95 City of Escondido 91282CFL0 UNITED STATES TREASURY 2,000,000.00 USD 09/30/2029 US GOV AA+ Aa1 AA+ AA+ 2,002,380.87 City of Escondido 91282CFU0 UNITED STATES TREASURY 2,000,000.00 USD 10/31/2027 US GOV AA+ Aa1 AA+ AA+ 2,013,039.46 City of Escondido 91282CFU0 UNITED STATES TREASURY 1,000,000.00 USD 10/31/2027 US GOV AA+ Aa1 AA+ AA+ 1,006,519.73 City of Escondido 91282CGB1 UNITED STATES TREASURY 3,000,000.00 USD 12/31/2029 US GOV AA+ Aa1 AA+ AA+ 2,972,295.90 City of Escondido 91282CGC9 UNITED STATES TREASURY 4,000,000.00 USD 12/31/2027 US GOV AA+ Aa1 AA+ AA+ 3,984,341.20 City of Escondido 91282CGJ4 UNITED STATES TREASURY 2,000,000.00 USD 01/31/2030 US GOV AA+ Aa1 AA+ AA+ 1,985,378.90 City of Escondido 91282CGP0 UNITED STATES TREASURY 1,000,000.00 USD 02/29/2028 US GOV AA+ Aa1 AA+ AA+ 1,010,909.57 City of Escondido 91282CGP0 UNITED STATES TREASURY 2,000,000.00 USD 02/29/2028 US GOV AA+ Aa1 AA+ AA+ 2,021,819.13 City of Escondido 91282CGT2 UNITED STATES TREASURY 5,000,000.00 USD 03/31/2028 US GOV AA+ Aa1 AA+ AA+ 5,001,210.11 City of Escondido 91282CHA2 UNITED STATES TREASURY 1,000,000.00 USD 04/30/2028 US GOV AA+ Aa1 AA+ AA+ 994,416.74 City of Escondido 91282CHA2 UNITED STATES TREASURY 2,000,000.00 USD 04/30/2028 US GOV AA+ Aa1 AA+ AA+ 1,988,833.48 City of Escondido 91282CHE4 UNITED STATES TREASURY 2,000,000.00 USD 05/31/2028 US GOV AA+ Aa1 AA+ AA+ 1,986,920.71 City of Escondido 91282CHJ3 UNITED STATES TREASURY 5,000,000.00 USD 06/30/2030 US GOV AA+ Aa1 AA+ AA+ 4,922,209.51 City of Escondido 91282CHK0 UNITED STATES TREASURY 2,000,000.00 USD 06/30/2028 US GOV AA+ Aa1 AA+ AA+ 1,994,597.39 City of Escondido 91282CHK0 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2028 US GOV AA+ Aa1 AA+ AA+ 2,991,896.09 City of Escondido 91282CHQ7 UNITED STATES TREASURY 3,000,000.00 USD 07/31/2028 US GOV AA+ Aa1 AA+ AA+ 3,050,089.48 City of Escondido 91282CHU8 UNITED STATES TREASURY 2,000,000.00 USD 08/15/2026 US GOV AA+ Aa1 AA+ AA+ 2,033,972.93 City of Escondido 91282CJA0 UNITED STATES TREASURY 3,000,000.00 USD 09/30/2028 US GOV AA+ Aa1 AA+ AA+ 3,064,757.05 City of Escondido 91282CJR3 UNITED STATES TREASURY 3,000,000.00 USD 12/31/2028 US GOV AA+ Aa1 AA+ AA+ 2,971,355.71 City of Escondido 91282CJR3 UNITED STATES TREASURY 2,000,000.00 USD 12/31/2028 US GOV AA+ Aa1 AA+ AA+ 1,980,903.80 City of Escondido 91282CKG5 UNITED STATES TREASURY 1,000,000.00 USD 03/31/2029 US GOV AA+ Aa1 AA+ AA+ 1,009,588.85 City of Escondido 91282CLS8 UNITED STATES TREASURY 3,000,000.00 USD 10/31/2026 US GOV AA+ Aa1 AA+ AA+ 3,022,529.18 City of Escondido 91282CNN7 UNITED STATES TREASURY 3,000,000.00 USD 07/31/2030 US GOV AA+ Aa1 AA+ AA+ 3,014,861.02 City of Escondido 91282CNX5 UNITED STATES TREASURY 1,000,000.00 USD 08/31/2030 US GOV AA+ Aa1 AA+ AA+ 991,026.17 City of Escondido 91282CNY3 UNITED STATES TREASURY 3,000,000.00 USD 09/15/2028 US GOV AA+ Aa1 AA+ AA+ 2,980,604.67 City of Escondido 91282CPA3 UNITED STATES TREASURY 2,000,000.00 USD 09/30/2030 US GOV AA+ Aa1 AA+ AA+ 1,975,404.04 City of Escondido 91282CPW5 UNITED STATES TREASURY 3,000,000.00 USD 01/31/2031 US GOV AA+ Aa1 AA+ AA+ 2,992,566.80 City of Escondido --- --- 130,960,000.00 USD 08/03/2028 --- AA+ Aa1 AA+ AA+ 129,631,654.95 Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 544647FC9 LOS ANGELES CALIF UNI SCH DIST 310,000.00 USD 07/01/2026 MUNI AA Aa2 NA AAA 312,255.25 City of Escondido 544647FC9 LOS ANGELES CALIF UNI SCH DIST 310,000.00 USD 07/01/2026 MUNI AA Aa2 NA AAA 312,255.25 Exposure - Credit Rating City of Escondido (299155)
As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 8 Attachment "4"
40 Item5.

AA-
A+
A
Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 166756BJ4 CHEVRON USA INC 2,000,000.00 USD 10/15/2030 CORP AA- Aa2 AA- NA 2,007,915.56 City of Escondido 166764BY5 CHEVRON CORP 2,000,000.00 USD 05/11/2030 CORP AA- Aa2 AA- NA 1,846,211.11 City of Escondido 22160KAP0 COSTCO WHOLESALE CORP 2,000,000.00 USD 04/20/2030 CORP AA- Aa3 AA AA 1,814,891.11 City of Escondido 30303MAB8 META PLATFORMS INC 1,000,000.00 USD 11/15/2030 CORP AA- Aa3 AA- NA 990,006.67 City of Escondido --- --- 7,000,000.00 USD 07/20/2030 CORP AA- Aa2 AA- AA 6,659,024.44 Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 00724PAF6 ADOBE INC 1,000,000.00 USD 04/04/2029 CORP A+ A1 A+ NA 1,021,690.00 City of Escondido 023135BR6 AMAZON.COM INC 500,000.00 USD 06/03/2027 CORP A+ A1 AA AA- 487,036.67 City of Escondido 023135BS4 AMAZON.COM INC 2,000,000.00 USD 06/03/2030 CORP A+ A1 AA AA- 1,789,033.33 City of Escondido 023135CP9 AMAZON.COM INC 1,000,000.00 USD 12/01/2027 CORP A+ A1 AA AA- 1,008,061.67 City of Escondido 17325FBK3 CITIBANK NA 1,000,000.00 USD 08/06/2029 CORP A+ Aa3 A+ AA- 1,027,796.39 City of Escondido 191216CU2 COCA-COLA CO 1,500,000.00 USD 06/01/2027 CORP A+ A1 A+ WR 1,465,857.50 City of Escondido 57636QAM6 MASTERCARD INC 1,000,000.00 USD 06/01/2029 CORP A+ Aa3 A+ NA 965,658.33 City of Escondido 57636QAM6 MASTERCARD INC 4,000,000.00 USD 06/01/2029 CORP A+ Aa3 A+ NA 3,862,633.33 City of Escondido 58933YBQ7 MERCK & CO INC 1,000,000.00 USD 09/15/2030 CORP A+ Aa3 A+ NA 1,001,049.44 City of Escondido --- --- 13,000,000.00 USD 03/26/2029 CORP A+ Aa3 A+ AA- 12,628,816.67 Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 06406RBG1 BANK OF NEW YORK MELLON CORP 2,000,000.00 USD 06/13/2028 CORP A Aa3 A AA- 1,996,432.00 City of Escondido 12189LBA8 BURLINGTON NORTHERN SANTA FE LLC 2,000,000.00 USD 06/15/2027 CORP A A2 AA- NA 1,984,948.89 City of Escondido 14913R2U0 CATERPILLAR FINANCIAL SERVICES CORP 800,000.00 USD 01/08/2027 CORP A A1 A A+ 796,647.56 City of Escondido 14913UAU4 CATERPILLAR FINANCIAL SERVICES CORP 1,000,000.00 USD 11/15/2029 CORP A A1 A A+ 1,014,185.56 City of Escondido 14913UBH2 CATERPILLAR FINANCIAL SERVICES CORP 2,000,000.00 USD 01/08/2031 CORP A A1 A A+ 2,009,206.11 City of Escondido 24422EWA3 JOHN DEERE CAPITAL CORP 800,000.00 USD 01/11/2027 CORP A A1 A A+ 796,334.22 City of Escondido 254687FL5 WALT DISNEY CO 1,000,000.00 USD 09/01/2029 CORP A A2 A WR 935,326.67 City of Escondido 254687GC4 WALT DISNEY CO 4,000,000.00 USD 03/14/2029 CORP A A2 A NA 3,996,156.67 City of Escondido 437076BY7 HOME DEPOT INC 1,000,000.00 USD 06/15/2029 CORP A A2 A A 961,951.11 City of Escondido 437076DC3 HOME DEPOT INC 1,000,000.00 USD 06/25/2029 CORP A A2 A A 1,011,031.67 City of Escondido 437076DC3 HOME DEPOT INC 3,000,000.00 USD 06/25/2029 CORP A A2 A A 3,033,095.00 City of Escondido 437076DJ8 HOME DEPOT INC 2,000,000.00 USD 09/15/2030 CORP A A2 A A 1,984,481.11 City of Escondido 438516CE4 HONEYWELL INTERNATIONAL INC 700,000.00 USD 03/01/2027 CORP A A2 A A 688,251.67 City of Escondido 46647PDA1 JPMORGAN CHASE & CO 3,000,000.00 USD 04/26/2028 CORP A A1 A AA- 3,019,216.25 City of Escondido 46647PDX1 JPMORGAN CHASE & CO 1,000,000.00 USD 10/23/2029 CORP A A1 A AA- 1,042,287.67 City of Escondido 665859AW4 NORTHERN TRUST CORP 670,000.00 USD 05/10/2027 CORP A A2 A+ A+ 672,597.37 City of Escondido 87612EBM7 TARGET CORP 180,000.00 USD 01/15/2027 CORP A A2 A WR 179,517.90 City of Escondido 87612EBM7 TARGET CORP 650,000.00 USD 01/15/2027 CORP A A2 A WR 648,259.08 City of Escondido 91324PDK5 UNITEDHEALTH GROUP INC 2,000,000.00 USD 06/15/2028 CORP A A2 A+ A 1,983,762.22 City of Escondido 91324PEG3 UNITEDHEALTH GROUP INC 200,000.00 USD 05/15/2027 CORP A A2 A+ A 200,035.56 City of Escondido 91324PEG3 UNITEDHEALTH GROUP INC 440,000.00 USD 05/15/2027 CORP A A2 A+ A 440,078.22 City of Escondido --- --- 29,440,000.00 USD 11/30/2028 CORP A A2 A A+ 29,393,802.49 Exposure - Credit Rating City of Escondido (299155)
As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 9 Attachment "4"
41 Item5.

A-
BBB+
NA
A-1+
Summary

* Grouped by: Rating. * Groups Sorted by: Rating. * Weighted by: Ending Market Value + Accrued.

Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 459200KM2 INTERNATIONAL BUSINESS MACHINES CORP 1,000,000.00 USD 02/09/2027 CORP A- A3 A- A- 995,797.78 City of Escondido 70450YAE3 PAYPAL HOLDINGS INC 1,000,000.00 USD 10/01/2029 CORP A- A3 A- A- 951,515.00 City of Escondido 808513BS3 CHARLES SCHWAB CORP 2,000,000.00 USD 05/13/2031 CORP A- A2 A- A 1,800,373.33 City of Escondido 91159HJM3 US BANCORP 4,000,000.00 USD 06/12/2029 CORP A- A3 A A+ 4,096,551.67 City of Escondido 94106LBX6 WASTE MANAGEMENT INC 2,335,000.00 USD 07/03/2027 CORP A- A3 A- A- 2,407,700.23 City of Escondido --- --- 10,335,000.00 USD 02/16/2029 CORP A- A3 A- A 10,251,938.00 Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 02665WDZ1 AMERICAN HONDA FINANCE CORP 1,000,000.00 USD 09/09/2026 CORP BBB+ A3 BBB+ A- 998,414.44 City of Escondido 02665WDZ1 AMERICAN HONDA FINANCE CORP 1,000,000.00 USD 09/09/2026 CORP BBB+ A3 BBB+ A- 998,414.44 Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102 14,045,385.02 USD 06/30/2026 MMFUND NA NA NA NA 14,045,385.02 City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102 14,045,385.02 USD 06/30/2026 MMFUND NA NA NA NA 14,045,385.02 Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 912797SA6 UNITED STATES TREASURY 2,000,000.00 USD 10/01/2026 T-BILL A-1+ P-1 A-1+ F1+ 1,980,900.00 City of Escondido 912797SA6 UNITED STATES TREASURY 2,000,000.00 USD 10/01/2026 T-BILL A-1+ P-1 A-1+ F1+ 1,980,900.00 Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido --- --- 210,090,385.02 USD 08/10/2028 --- AA- Aa3 AA- AA 207,959,464.61 Exposure - Credit Rating City of Escondido (299155)
As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 10 Attachment "4"
42 Item5.

Cash and Fixed Income Summary
Risk Metric Value
MMFund 14,045,385.02
Fixed Income 193,914,079.58
Duration 2.011
Convexity 0.023
WAL 2.086
Years to Final Maturity 2.113
Years to Effective Maturity 2.084
Yield 4.202
Book Yield 3.726
Avg Credit Rating AA-/Aa3/AA-
Balance Sheet
Field Value
Book Value + Accrued 208,503,184.05
Net Unrealized Gain/Loss -543,719.44
Market Value + Accrued 207,959,464.61
Compliance Overview
Status Compliant
As of 06/30/2026
Reconciliation Status
Status Reconciled
Last Reconciled For 07/29/2026
Summary
Overview City of Escondido (299155)
04/01/2026 - 06/30/2026 Return to Table of Contents Dated: 07/30/2026 11 Attachment "4"
43 Item5.

Index: ICE BofA 1-5 Year US Corporate & Government Index.

Overview City of Escondido (299155)
04/01/2026 - 06/30/2026 Return to Table of Contents Dated: 07/30/2026 12 Attachment "4"
44 Item5.

Net of Fees (includes management and trading).

Returns are actual and have not been annualized.

No Tax Adjustment.

Note that data will not exist prior to the performance inception date of: 04/01/2022.

Period Begin Period End Total Return, Net of Fees Income Return, Net of Fees Price Return, Net of Fees 04/01/2026 04/30/2026 0.240% 0.321% -0.081%
05/01/2026 05/29/2026 0.100% 0.300% -0.200%
05/30/2026 06/30/2026 0.169% 0.337% -0.169%
--- --- --- --- ---
Account Index Index Start Date Index End Date
City of Escondido ICE BofA 1-5 Year US Corporate & Government Index 08/02/2002 --- Returns City of Escondido (299155)
04/01/2026 - 06/30/2026 Return to Table of Contents Dated: 07/30/2026 13 Attachment "4"
45 Item5.

Net of Fees (includes management and trading).

Returns are actual and have not been annualized.

No Tax Adjustment.

Note that data will not exist prior to the performance inception date of: 04/01/2022.

Reported Index Return is always Total Return.

Account/Index Base Market Value + Accrued Trailing Month Total Return, Net
of Fees
Trailing 3 Months
Total Return, Net
of Fees
Trailing 6 Months
Total Return, Net
of Fees
Trailing 12
Months Total
Return, Net of
Fees
Trailing 12
Months
Information Ratio,
Net of Fees
Trailing 12
Months Sharpe
Ratio, Net of
Fees
Trailing 12
Months Jensen''s
Alpha, Net of
Fees
Trailing 12
Months Standard
Deviation, Net of
Fees
Trailing 12
Months Tracking
Error, Net of Fees
ICE BofA 1-5 Year US Corporate &
Government Index
--- 0.076% 0.422% 0.596% 3.063% --- --- --- 0.090% ---
City of Escondido 207,959,464.61 0.155% 0.510% 0.816% 3.166% 0.007 0.004 0.001 0.069% 0.034% Comparison City of Escondido (299155)
As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 14 Attachment "4"
46 Item5.

US GOV
Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido 9128282A7 UNITED STATES TREASURY 1,900,000.00 USD 08/15/2026 US GOV 1,905,045.18 City of Escondido 9128285M8 UNITED STATES TREASURY 4,000,000.00 USD 11/15/2028 US GOV 3,923,604.67 City of Escondido 9128286B1 UNITED STATES TREASURY 3,000,000.00 USD 02/15/2029 US GOV 2,916,515.64 City of Escondido 912828V98 UNITED STATES TREASURY 1,160,000.00 USD 02/15/2027 US GOV 1,157,289.12 City of Escondido 912828Y95 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2026 US GOV 2,012,582.27 City of Escondido 912828Z94 UNITED STATES TREASURY 2,000,000.00 USD 02/15/2030 US GOV 1,834,310.72 City of Escondido 912828ZV5 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2027 US GOV 2,895,190.76 City of Escondido 91282CAD3 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2027 US GOV 1,924,228.45 City of Escondido 91282CAY7 UNITED STATES TREASURY 2,000,000.00 USD 11/30/2027 US GOV 1,905,038.74 City of Escondido 91282CBJ9 UNITED STATES TREASURY 1,000,000.00 USD 01/31/2028 US GOV 951,368.45 City of Escondido 91282CDF5 UNITED STATES TREASURY 3,000,000.00 USD 10/31/2028 US GOV 2,822,839.73 City of Escondido 91282CDG3 UNITED STATES TREASURY 5,000,000.00 USD 10/31/2026 US GOV 4,963,626.90 City of Escondido 91282CDG3 UNITED STATES TREASURY 400,000.00 USD 10/31/2026 US GOV 397,090.15 City of Escondido 91282CDG3 UNITED STATES TREASURY 1,000,000.00 USD 10/31/2026 US GOV 992,725.38 City of Escondido 91282CDG3 UNITED STATES TREASURY 500,000.00 USD 10/31/2026 US GOV 496,362.69 City of Escondido 91282CDG3 UNITED STATES TREASURY 2,000,000.00 USD 10/31/2026 US GOV 1,985,450.76 City of Escondido 91282CEN7 UNITED STATES TREASURY 2,000,000.00 USD 04/30/2027 US GOV 1,987,746.30 City of Escondido 91282CES6 UNITED STATES TREASURY 3,000,000.00 USD 05/31/2029 US GOV 2,892,717.70 City of Escondido 91282CEV9 UNITED STATES TREASURY 2,000,000.00 USD 06/30/2029 US GOV 1,949,636.63 City of Escondido 91282CEV9 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2029 US GOV 2,924,454.95 City of Escondido 91282CEW7 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2027 US GOV 2,975,364.95 City of Escondido 91282CFB2 UNITED STATES TREASURY 1,000,000.00 USD 07/31/2027 US GOV 996,940.99 City of Escondido 91282CFB2 UNITED STATES TREASURY 1,000,000.00 USD 07/31/2027 US GOV 996,940.99 City of Escondido 91282CFB2 UNITED STATES TREASURY 3,000,000.00 USD 07/31/2027 US GOV 2,990,822.98 Exposure - Security Type City of Escondido (299155)
As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 15 Attachment "4"
47 Item5.

CORP
Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido 91282CFB2 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2027 US GOV 1,993,881.99 City of Escondido 91282CFH9 UNITED STATES TREASURY 1,000,000.00 USD 08/31/2027 US GOV 999,074.97 City of Escondido 91282CFJ5 UNITED STATES TREASURY 2,000,000.00 USD 08/31/2029 US GOV 1,959,949.95 City of Escondido 91282CFL0 UNITED STATES TREASURY 2,000,000.00 USD 09/30/2029 US GOV 2,002,380.87 City of Escondido 91282CFU0 UNITED STATES TREASURY 2,000,000.00 USD 10/31/2027 US GOV 2,013,039.46 City of Escondido 91282CFU0 UNITED STATES TREASURY 1,000,000.00 USD 10/31/2027 US GOV 1,006,519.73 City of Escondido 91282CGB1 UNITED STATES TREASURY 3,000,000.00 USD 12/31/2029 US GOV 2,972,295.90 City of Escondido 91282CGC9 UNITED STATES TREASURY 4,000,000.00 USD 12/31/2027 US GOV 3,984,341.20 City of Escondido 91282CGJ4 UNITED STATES TREASURY 2,000,000.00 USD 01/31/2030 US GOV 1,985,378.90 City of Escondido 91282CGP0 UNITED STATES TREASURY 1,000,000.00 USD 02/29/2028 US GOV 1,010,909.57 City of Escondido 91282CGP0 UNITED STATES TREASURY 2,000,000.00 USD 02/29/2028 US GOV 2,021,819.13 City of Escondido 91282CGT2 UNITED STATES TREASURY 5,000,000.00 USD 03/31/2028 US GOV 5,001,210.11 City of Escondido 91282CHA2 UNITED STATES TREASURY 1,000,000.00 USD 04/30/2028 US GOV 994,416.74 City of Escondido 91282CHA2 UNITED STATES TREASURY 2,000,000.00 USD 04/30/2028 US GOV 1,988,833.48 City of Escondido 91282CHE4 UNITED STATES TREASURY 2,000,000.00 USD 05/31/2028 US GOV 1,986,920.71 City of Escondido 91282CHJ3 UNITED STATES TREASURY 5,000,000.00 USD 06/30/2030 US GOV 4,922,209.51 City of Escondido 91282CHK0 UNITED STATES TREASURY 2,000,000.00 USD 06/30/2028 US GOV 1,994,597.39 City of Escondido 91282CHK0 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2028 US GOV 2,991,896.09 City of Escondido 91282CHQ7 UNITED STATES TREASURY 3,000,000.00 USD 07/31/2028 US GOV 3,050,089.48 City of Escondido 91282CHU8 UNITED STATES TREASURY 2,000,000.00 USD 08/15/2026 US GOV 2,033,972.93 City of Escondido 91282CJA0 UNITED STATES TREASURY 3,000,000.00 USD 09/30/2028 US GOV 3,064,757.05 City of Escondido 91282CJR3 UNITED STATES TREASURY 3,000,000.00 USD 12/31/2028 US GOV 2,971,355.71 City of Escondido 91282CJR3 UNITED STATES TREASURY 2,000,000.00 USD 12/31/2028 US GOV 1,980,903.80 City of Escondido 91282CKG5 UNITED STATES TREASURY 1,000,000.00 USD 03/31/2029 US GOV 1,009,588.85 City of Escondido 91282CLS8 UNITED STATES TREASURY 3,000,000.00 USD 10/31/2026 US GOV 3,022,529.18 City of Escondido 91282CNN7 UNITED STATES TREASURY 3,000,000.00 USD 07/31/2030 US GOV 3,014,861.02 City of Escondido 91282CNX5 UNITED STATES TREASURY 1,000,000.00 USD 08/31/2030 US GOV 991,026.17 City of Escondido 91282CNY3 UNITED STATES TREASURY 3,000,000.00 USD 09/15/2028 US GOV 2,980,604.67 City of Escondido 91282CPA3 UNITED STATES TREASURY 2,000,000.00 USD 09/30/2030 US GOV 1,975,404.04 City of Escondido 91282CPW5 UNITED STATES TREASURY 3,000,000.00 USD 01/31/2031 US GOV 2,992,566.80 City of Escondido --- UNITED STATES TREASURY 122,960,000.00 USD 07/13/2028 US GOV 121,715,230.51 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido 00724PAF6 ADOBE INC 1,000,000.00 USD 04/04/2029 CORP 1,021,690.00 City of Escondido 023135BR6 AMAZON.COM INC 500,000.00 USD 06/03/2027 CORP 487,036.67 City of Escondido 023135BS4 AMAZON.COM INC 2,000,000.00 USD 06/03/2030 CORP 1,789,033.33 City of Escondido 023135CP9 AMAZON.COM INC 1,000,000.00 USD 12/01/2027 CORP 1,008,061.67 City of Escondido 02665WDZ1 AMERICAN HONDA FINANCE CORP 1,000,000.00 USD 09/09/2026 CORP 998,414.44 City of Escondido 037833BZ2 APPLE INC 1,000,000.00 USD 08/04/2026 CORP 1,008,444.17 City of Escondido 037833EH9 APPLE INC 1,000,000.00 USD 08/05/2028 CORP 949,757.78 City of Escondido 06406RBG1 BANK OF NEW YORK MELLON CORP 2,000,000.00 USD 06/13/2028 CORP 1,996,432.00 City of Escondido 12189LBA8 BURLINGTON NORTHERN SANTA FE LLC 2,000,000.00 USD 06/15/2027 CORP 1,984,948.89 City of Escondido 14913R2U0 CATERPILLAR FINANCIAL SERVICES CORP 800,000.00 USD 01/08/2027 CORP 796,647.56 City of Escondido 14913UAU4 CATERPILLAR FINANCIAL SERVICES CORP 1,000,000.00 USD 11/15/2029 CORP 1,014,185.56 City of Escondido 14913UBH2 CATERPILLAR FINANCIAL SERVICES CORP 2,000,000.00 USD 01/08/2031 CORP 2,009,206.11 City of Escondido 166756BJ4 CHEVRON USA INC 2,000,000.00 USD 10/15/2030 CORP 2,007,915.56 City of Escondido 166764BY5 CHEVRON CORP 2,000,000.00 USD 05/11/2030 CORP 1,846,211.11 City of Escondido 17325FBK3 CITIBANK NA 1,000,000.00 USD 08/06/2029 CORP 1,027,796.39 City of Escondido 191216CU2 COCA-COLA CO 1,500,000.00 USD 06/01/2027 CORP 1,465,857.50 City of Escondido 22160KAP0 COSTCO WHOLESALE CORP 2,000,000.00 USD 04/20/2030 CORP 1,814,891.11 City of Escondido 24422EWA3 JOHN DEERE CAPITAL CORP 800,000.00 USD 01/11/2027 CORP 796,334.22 Exposure - Security Type City of Escondido (299155)
As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 16 Attachment "4"
48 Item5.

MMFUND

AGCY BOND
T-BILL
MUNI
Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido 254687FL5 WALT DISNEY CO 1,000,000.00 USD 09/01/2029 CORP 935,326.67 City of Escondido 254687GC4 WALT DISNEY CO 4,000,000.00 USD 03/14/2029 CORP 3,996,156.67 City of Escondido 30303MAB8 META PLATFORMS INC 1,000,000.00 USD 11/15/2030 CORP 990,006.67 City of Escondido 437076BY7 HOME DEPOT INC 1,000,000.00 USD 06/15/2029 CORP 961,951.11 City of Escondido 437076DC3 HOME DEPOT INC 1,000,000.00 USD 06/25/2029 CORP 1,011,031.67 City of Escondido 437076DC3 HOME DEPOT INC 3,000,000.00 USD 06/25/2029 CORP 3,033,095.00 City of Escondido 437076DJ8 HOME DEPOT INC 2,000,000.00 USD 09/15/2030 CORP 1,984,481.11 City of Escondido 438516CE4 HONEYWELL INTERNATIONAL INC 700,000.00 USD 03/01/2027 CORP 688,251.67 City of Escondido 459200KM2 INTERNATIONAL BUSINESS MACHINES CORP 1,000,000.00 USD 02/09/2027 CORP 995,797.78 City of Escondido 46647PDA1 JPMORGAN CHASE & CO 3,000,000.00 USD 04/26/2028 CORP 3,019,216.25 City of Escondido 46647PDX1 JPMORGAN CHASE & CO 1,000,000.00 USD 10/23/2029 CORP 1,042,287.67 City of Escondido 478160DJ0 JOHNSON & JOHNSON 2,000,000.00 USD 03/01/2030 CORP 2,057,273.33 City of Escondido 57636QAM6 MASTERCARD INC 1,000,000.00 USD 06/01/2029 CORP 965,658.33 City of Escondido 57636QAM6 MASTERCARD INC 4,000,000.00 USD 06/01/2029 CORP 3,862,633.33 City of Escondido 58933YBQ7 MERCK & CO INC 1,000,000.00 USD 09/15/2030 CORP 1,001,049.44 City of Escondido 665859AW4 NORTHERN TRUST CORP 670,000.00 USD 05/10/2027 CORP 672,597.37 City of Escondido 70450YAE3 PAYPAL HOLDINGS INC 1,000,000.00 USD 10/01/2029 CORP 951,515.00 City of Escondido 808513BS3 CHARLES SCHWAB CORP 2,000,000.00 USD 05/13/2031 CORP 1,800,373.33 City of Escondido 87612EBM7 TARGET CORP 180,000.00 USD 01/15/2027 CORP 179,517.90 City of Escondido 87612EBM7 TARGET CORP 650,000.00 USD 01/15/2027 CORP 648,259.08 City of Escondido 91159HJM3 US BANCORP 4,000,000.00 USD 06/12/2029 CORP 4,096,551.67 City of Escondido 91324PDK5 UNITEDHEALTH GROUP INC 2,000,000.00 USD 06/15/2028 CORP 1,983,762.22 City of Escondido 91324PEG3 UNITEDHEALTH GROUP INC 200,000.00 USD 05/15/2027 CORP 200,035.56 City of Escondido 91324PEG3 UNITEDHEALTH GROUP INC 440,000.00 USD 05/15/2027 CORP 440,078.22 City of Escondido 94106LBX6 WASTE MANAGEMENT INC 2,335,000.00 USD 07/03/2027 CORP 2,407,700.23 City of Escondido --- --- 64,775,000.00 USD 02/22/2029 CORP 63,947,471.33 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102 14,045,385.02 USD 06/30/2026 MMFUND 14,045,385.02 City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102 14,045,385.02 USD 06/30/2026 MMFUND 14,045,385.02 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido 3130BA2S5 FEDERAL HOME LOAN BANKS 4,000,000.00 USD 03/25/2031 AGCY BOND 4,035,420.00 City of Escondido 3133EMAC6 FEDERAL FARM CREDIT BANKS FUNDING CORP 1,000,000.00 USD 09/21/2027 AGCY BOND 962,303.33 City of Escondido 3135G05Y5 FEDERAL NATIONAL MORTGAGE ASSOCIATION 1,000,000.00 USD 10/08/2027 AGCY BOND 960,499.17 City of Escondido --- --- 6,000,000.00 USD 02/07/2030 AGCY BOND 5,958,222.50 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido 912797SA6 UNITED STATES TREASURY 2,000,000.00 USD 10/01/2026 T-BILL 1,980,900.00 City of Escondido 912797SA6 UNITED STATES TREASURY 2,000,000.00 USD 10/01/2026 T-BILL 1,980,900.00 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido 544647FC9 LOS ANGELES CALIF UNI SCH DIST 310,000.00 USD 07/01/2026 MUNI 312,255.25 City of Escondido 544647FC9 LOS ANGELES CALIF UNI SCH DIST 310,000.00 USD 07/01/2026 MUNI 312,255.25 Exposure - Security Type City of Escondido (299155)
As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 17 Attachment "4"
49 Item5.

Summary

* Grouped by: Security Type. * Groups Sorted by: Ending Market Value + Accrued. * Weighted by: Ending Market Value + Accrued.

Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido --- --- 210,090,385.02 USD 08/10/2028 --- 207,959,464.61 Exposure - Security Type City of Escondido (299155)
As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 18 Attachment "4"
50 Item5.

Government
Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido 912797SA6 UNITED STATES TREASURY 2,000,000.00 USD 10/01/2026 T-BILL Government 1,980,900.00 City of Escondido 9128282A7 UNITED STATES TREASURY 1,900,000.00 USD 08/15/2026 US GOV Government 1,905,045.18 City of Escondido 9128285M8 UNITED STATES TREASURY 4,000,000.00 USD 11/15/2028 US GOV Government 3,923,604.67 City of Escondido 9128286B1 UNITED STATES TREASURY 3,000,000.00 USD 02/15/2029 US GOV Government 2,916,515.64 City of Escondido 912828V98 UNITED STATES TREASURY 1,160,000.00 USD 02/15/2027 US GOV Government 1,157,289.12 City of Escondido 912828Y95 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2026 US GOV Government 2,012,582.27 City of Escondido 912828Z94 UNITED STATES TREASURY 2,000,000.00 USD 02/15/2030 US GOV Government 1,834,310.72 City of Escondido 912828ZV5 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2027 US GOV Government 2,895,190.76 City of Escondido 91282CAD3 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2027 US GOV Government 1,924,228.45 City of Escondido 91282CAY7 UNITED STATES TREASURY 2,000,000.00 USD 11/30/2027 US GOV Government 1,905,038.74 City of Escondido 91282CBJ9 UNITED STATES TREASURY 1,000,000.00 USD 01/31/2028 US GOV Government 951,368.45 City of Escondido 91282CDF5 UNITED STATES TREASURY 3,000,000.00 USD 10/31/2028 US GOV Government 2,822,839.73 City of Escondido 91282CDG3 UNITED STATES TREASURY 5,000,000.00 USD 10/31/2026 US GOV Government 4,963,626.90 City of Escondido 91282CDG3 UNITED STATES TREASURY 400,000.00 USD 10/31/2026 US GOV Government 397,090.15 City of Escondido 91282CDG3 UNITED STATES TREASURY 1,000,000.00 USD 10/31/2026 US GOV Government 992,725.38 City of Escondido 91282CDG3 UNITED STATES TREASURY 500,000.00 USD 10/31/2026 US GOV Government 496,362.69 City of Escondido 91282CDG3 UNITED STATES TREASURY 2,000,000.00 USD 10/31/2026 US GOV Government 1,985,450.76 City of Escondido 91282CEN7 UNITED STATES TREASURY 2,000,000.00 USD 04/30/2027 US GOV Government 1,987,746.30 City of Escondido 91282CES6 UNITED STATES TREASURY 3,000,000.00 USD 05/31/2029 US GOV Government 2,892,717.70 City of Escondido 91282CEV9 UNITED STATES TREASURY 2,000,000.00 USD 06/30/2029 US GOV Government 1,949,636.63 City of Escondido 91282CEV9 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2029 US GOV Government 2,924,454.95 City of Escondido 91282CEW7 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2027 US GOV Government 2,975,364.95 City of Escondido 91282CFB2 UNITED STATES TREASURY 1,000,000.00 USD 07/31/2027 US GOV Government 996,940.99 City of Escondido 91282CFB2 UNITED STATES TREASURY 1,000,000.00 USD 07/31/2027 US GOV Government 996,940.99 Exposure - Market Sector City of Escondido (299155)
As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 19 Attachment "4"
51 Item5.

Industrial
Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido 91282CFB2 UNITED STATES TREASURY 3,000,000.00 USD 07/31/2027 US GOV Government 2,990,822.98 City of Escondido 91282CFB2 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2027 US GOV Government 1,993,881.99 City of Escondido 91282CFH9 UNITED STATES TREASURY 1,000,000.00 USD 08/31/2027 US GOV Government 999,074.97 City of Escondido 91282CFJ5 UNITED STATES TREASURY 2,000,000.00 USD 08/31/2029 US GOV Government 1,959,949.95 City of Escondido 91282CFL0 UNITED STATES TREASURY 2,000,000.00 USD 09/30/2029 US GOV Government 2,002,380.87 City of Escondido 91282CFU0 UNITED STATES TREASURY 2,000,000.00 USD 10/31/2027 US GOV Government 2,013,039.46 City of Escondido 91282CFU0 UNITED STATES TREASURY 1,000,000.00 USD 10/31/2027 US GOV Government 1,006,519.73 City of Escondido 91282CGB1 UNITED STATES TREASURY 3,000,000.00 USD 12/31/2029 US GOV Government 2,972,295.90 City of Escondido 91282CGC9 UNITED STATES TREASURY 4,000,000.00 USD 12/31/2027 US GOV Government 3,984,341.20 City of Escondido 91282CGJ4 UNITED STATES TREASURY 2,000,000.00 USD 01/31/2030 US GOV Government 1,985,378.90 City of Escondido 91282CGP0 UNITED STATES TREASURY 1,000,000.00 USD 02/29/2028 US GOV Government 1,010,909.57 City of Escondido 91282CGP0 UNITED STATES TREASURY 2,000,000.00 USD 02/29/2028 US GOV Government 2,021,819.13 City of Escondido 91282CGT2 UNITED STATES TREASURY 5,000,000.00 USD 03/31/2028 US GOV Government 5,001,210.11 City of Escondido 91282CHA2 UNITED STATES TREASURY 1,000,000.00 USD 04/30/2028 US GOV Government 994,416.74 City of Escondido 91282CHA2 UNITED STATES TREASURY 2,000,000.00 USD 04/30/2028 US GOV Government 1,988,833.48 City of Escondido 91282CHE4 UNITED STATES TREASURY 2,000,000.00 USD 05/31/2028 US GOV Government 1,986,920.71 City of Escondido 91282CHJ3 UNITED STATES TREASURY 5,000,000.00 USD 06/30/2030 US GOV Government 4,922,209.51 City of Escondido 91282CHK0 UNITED STATES TREASURY 2,000,000.00 USD 06/30/2028 US GOV Government 1,994,597.39 City of Escondido 91282CHK0 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2028 US GOV Government 2,991,896.09 City of Escondido 91282CHQ7 UNITED STATES TREASURY 3,000,000.00 USD 07/31/2028 US GOV Government 3,050,089.48 City of Escondido 91282CHU8 UNITED STATES TREASURY 2,000,000.00 USD 08/15/2026 US GOV Government 2,033,972.93 City of Escondido 91282CJA0 UNITED STATES TREASURY 3,000,000.00 USD 09/30/2028 US GOV Government 3,064,757.05 City of Escondido 91282CJR3 UNITED STATES TREASURY 3,000,000.00 USD 12/31/2028 US GOV Government 2,971,355.71 City of Escondido 91282CJR3 UNITED STATES TREASURY 2,000,000.00 USD 12/31/2028 US GOV Government 1,980,903.80 City of Escondido 91282CKG5 UNITED STATES TREASURY 1,000,000.00 USD 03/31/2029 US GOV Government 1,009,588.85 City of Escondido 91282CLS8 UNITED STATES TREASURY 3,000,000.00 USD 10/31/2026 US GOV Government 3,022,529.18 City of Escondido 91282CNN7 UNITED STATES TREASURY 3,000,000.00 USD 07/31/2030 US GOV Government 3,014,861.02 City of Escondido 91282CNX5 UNITED STATES TREASURY 1,000,000.00 USD 08/31/2030 US GOV Government 991,026.17 City of Escondido 91282CNY3 UNITED STATES TREASURY 3,000,000.00 USD 09/15/2028 US GOV Government 2,980,604.67 City of Escondido 91282CPA3 UNITED STATES TREASURY 2,000,000.00 USD 09/30/2030 US GOV Government 1,975,404.04 City of Escondido 91282CPW5 UNITED STATES TREASURY 3,000,000.00 USD 01/31/2031 US GOV Government 2,992,566.80 City of Escondido --- UNITED STATES TREASURY 124,960,000.00 USD 07/03/2028 --- Government 123,696,130.51 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido 00724PAF6 ADOBE INC 1,000,000.00 USD 04/04/2029 CORP Industrial 1,021,690.00 City of Escondido 023135BR6 AMAZON.COM INC 500,000.00 USD 06/03/2027 CORP Industrial 487,036.67 City of Escondido 023135BS4 AMAZON.COM INC 2,000,000.00 USD 06/03/2030 CORP Industrial 1,789,033.33 City of Escondido 023135CP9 AMAZON.COM INC 1,000,000.00 USD 12/01/2027 CORP Industrial 1,008,061.67 City of Escondido 02665WDZ1 AMERICAN HONDA FINANCE CORP 1,000,000.00 USD 09/09/2026 CORP Industrial 998,414.44 City of Escondido 037833BZ2 APPLE INC 1,000,000.00 USD 08/04/2026 CORP Industrial 1,008,444.17 City of Escondido 037833EH9 APPLE INC 1,000,000.00 USD 08/05/2028 CORP Industrial 949,757.78 City of Escondido 12189LBA8 BURLINGTON NORTHERN SANTA FE LLC 2,000,000.00 USD 06/15/2027 CORP Industrial 1,984,948.89 City of Escondido 14913R2U0 CATERPILLAR FINANCIAL SERVICES CORP 800,000.00 USD 01/08/2027 CORP Industrial 796,647.56 City of Escondido 14913UAU4 CATERPILLAR FINANCIAL SERVICES CORP 1,000,000.00 USD 11/15/2029 CORP Industrial 1,014,185.56 City of Escondido 14913UBH2 CATERPILLAR FINANCIAL SERVICES CORP 2,000,000.00 USD 01/08/2031 CORP Industrial 2,009,206.11 City of Escondido 166756BJ4 CHEVRON USA INC 2,000,000.00 USD 10/15/2030 CORP Industrial 2,007,915.56 City of Escondido 166764BY5 CHEVRON CORP 2,000,000.00 USD 05/11/2030 CORP Industrial 1,846,211.11 City of Escondido 191216CU2 COCA-COLA CO 1,500,000.00 USD 06/01/2027 CORP Industrial 1,465,857.50 City of Escondido 22160KAP0 COSTCO WHOLESALE CORP 2,000,000.00 USD 04/20/2030 CORP Industrial 1,814,891.11 City of Escondido 24422EWA3 JOHN DEERE CAPITAL CORP 800,000.00 USD 01/11/2027 CORP Industrial 796,334.22 Exposure - Market Sector City of Escondido (299155)
As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 20 Attachment "4"
52 Item5.

Cash
Financial
Agency
Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido 254687FL5 WALT DISNEY CO 1,000,000.00 USD 09/01/2029 CORP Industrial 935,326.67 City of Escondido 254687GC4 WALT DISNEY CO 4,000,000.00 USD 03/14/2029 CORP Industrial 3,996,156.67 City of Escondido 30303MAB8 META PLATFORMS INC 1,000,000.00 USD 11/15/2030 CORP Industrial 990,006.67 City of Escondido 437076BY7 HOME DEPOT INC 1,000,000.00 USD 06/15/2029 CORP Industrial 961,951.11 City of Escondido 437076DC3 HOME DEPOT INC 1,000,000.00 USD 06/25/2029 CORP Industrial 1,011,031.67 City of Escondido 437076DC3 HOME DEPOT INC 3,000,000.00 USD 06/25/2029 CORP Industrial 3,033,095.00 City of Escondido 437076DJ8 HOME DEPOT INC 2,000,000.00 USD 09/15/2030 CORP Industrial 1,984,481.11 City of Escondido 438516CE4 HONEYWELL INTERNATIONAL INC 700,000.00 USD 03/01/2027 CORP Industrial 688,251.67 City of Escondido 459200KM2 INTERNATIONAL BUSINESS MACHINES CORP 1,000,000.00 USD 02/09/2027 CORP Industrial 995,797.78 City of Escondido 478160DJ0 JOHNSON & JOHNSON 2,000,000.00 USD 03/01/2030 CORP Industrial 2,057,273.33 City of Escondido 57636QAM6 MASTERCARD INC 1,000,000.00 USD 06/01/2029 CORP Industrial 965,658.33 City of Escondido 57636QAM6 MASTERCARD INC 4,000,000.00 USD 06/01/2029 CORP Industrial 3,862,633.33 City of Escondido 58933YBQ7 MERCK & CO INC 1,000,000.00 USD 09/15/2030 CORP Industrial 1,001,049.44 City of Escondido 70450YAE3 PAYPAL HOLDINGS INC 1,000,000.00 USD 10/01/2029 CORP Industrial 951,515.00 City of Escondido 87612EBM7 TARGET CORP 180,000.00 USD 01/15/2027 CORP Industrial 179,517.90 City of Escondido 87612EBM7 TARGET CORP 650,000.00 USD 01/15/2027 CORP Industrial 648,259.08 City of Escondido 91324PDK5 UNITEDHEALTH GROUP INC 2,000,000.00 USD 06/15/2028 CORP Industrial 1,983,762.22 City of Escondido 91324PEG3 UNITEDHEALTH GROUP INC 200,000.00 USD 05/15/2027 CORP Industrial 200,035.56 City of Escondido 91324PEG3 UNITEDHEALTH GROUP INC 440,000.00 USD 05/15/2027 CORP Industrial 440,078.22 City of Escondido 94106LBX6 WASTE MANAGEMENT INC 2,335,000.00 USD 07/03/2027 CORP Industrial 2,407,700.23 City of Escondido --- --- 51,105,000.00 USD 02/13/2029 CORP Industrial 50,292,216.65 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102 14,045,385.02 USD 06/30/2026 MMFUND Cash 14,045,385.02 City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102 14,045,385.02 USD 06/30/2026 MMFUND Cash 14,045,385.02 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido 06406RBG1 BANK OF NEW YORK MELLON CORP 2,000,000.00 USD 06/13/2028 CORP Financial 1,996,432.00 City of Escondido 17325FBK3 CITIBANK NA 1,000,000.00 USD 08/06/2029 CORP Financial 1,027,796.39 City of Escondido 46647PDA1 JPMORGAN CHASE & CO 3,000,000.00 USD 04/26/2028 CORP Financial 3,019,216.25 City of Escondido 46647PDX1 JPMORGAN CHASE & CO 1,000,000.00 USD 10/23/2029 CORP Financial 1,042,287.67 City of Escondido 665859AW4 NORTHERN TRUST CORP 670,000.00 USD 05/10/2027 CORP Financial 672,597.37 City of Escondido 808513BS3 CHARLES SCHWAB CORP 2,000,000.00 USD 05/13/2031 CORP Financial 1,800,373.33 City of Escondido 91159HJM3 US BANCORP 4,000,000.00 USD 06/12/2029 CORP Financial 4,096,551.67 City of Escondido --- --- 13,670,000.00 USD 03/29/2029 CORP Financial 13,655,254.67 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido 3130BA2S5 FEDERAL HOME LOAN BANKS 4,000,000.00 USD 03/25/2031 AGCY BOND Agency 4,035,420.00 City of Escondido 3133EMAC6 FEDERAL FARM CREDIT BANKS FUNDING CORP 1,000,000.00 USD 09/21/2027 AGCY BOND Agency 962,303.33 City of Escondido 3135G05Y5 FEDERAL NATIONAL MORTGAGE ASSOCIATION 1,000,000.00 USD 10/08/2027 AGCY BOND Agency 960,499.17 City of Escondido --- --- 6,000,000.00 USD 02/07/2030 AGCY BOND Agency 5,958,222.50 Exposure - Market Sector City of Escondido (299155)
As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 21 Attachment "4"
53 Item5.

Municipal
Summary

* Grouped by: Market Sector. * Groups Sorted by: Ending Market Value + Accrued. * Weighted by: Ending Market Value + Accrued.

Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido 544647FC9 LOS ANGELES CALIF UNI SCH DIST 310,000.00 USD 07/01/2026 MUNI Municipal 312,255.25 City of Escondido 544647FC9 LOS ANGELES CALIF UNI SCH DIST 310,000.00 USD 07/01/2026 MUNI Municipal 312,255.25 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido --- --- 210,090,385.02 USD 08/10/2028 --- --- 207,959,464.61 Exposure - Market Sector City of Escondido (299155)
As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 22 Attachment "4"
54 Item5.

United States
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 912797SA6 UNITED STATES TREASURY 2,000,000.00 USD 10/01/2026 T-BILL United States United States 1,980,900.00 City of Escondido 9128282A7 UNITED STATES TREASURY 1,900,000.00 USD 08/15/2026 US GOV United States United States 1,905,045.18 City of Escondido 9128285M8 UNITED STATES TREASURY 4,000,000.00 USD 11/15/2028 US GOV United States United States 3,923,604.67 City of Escondido 9128286B1 UNITED STATES TREASURY 3,000,000.00 USD 02/15/2029 US GOV United States United States 2,916,515.64 City of Escondido 912828V98 UNITED STATES TREASURY 1,160,000.00 USD 02/15/2027 US GOV United States United States 1,157,289.12 City of Escondido 912828Y95 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2026 US GOV United States United States 2,012,582.27 City of Escondido 912828Z94 UNITED STATES TREASURY 2,000,000.00 USD 02/15/2030 US GOV United States United States 1,834,310.72 City of Escondido 912828ZV5 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2027 US GOV United States United States 2,895,190.76 City of Escondido 91282CAD3 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2027 US GOV United States United States 1,924,228.45 City of Escondido 91282CAY7 UNITED STATES TREASURY 2,000,000.00 USD 11/30/2027 US GOV United States United States 1,905,038.74 City of Escondido 91282CBJ9 UNITED STATES TREASURY 1,000,000.00 USD 01/31/2028 US GOV United States United States 951,368.45 City of Escondido 91282CDF5 UNITED STATES TREASURY 3,000,000.00 USD 10/31/2028 US GOV United States United States 2,822,839.73 City of Escondido 91282CDG3 UNITED STATES TREASURY 5,000,000.00 USD 10/31/2026 US GOV United States United States 4,963,626.90 City of Escondido 91282CDG3 UNITED STATES TREASURY 400,000.00 USD 10/31/2026 US GOV United States United States 397,090.15 City of Escondido 91282CDG3 UNITED STATES TREASURY 1,000,000.00 USD 10/31/2026 US GOV United States United States 992,725.38 City of Escondido 91282CDG3 UNITED STATES TREASURY 500,000.00 USD 10/31/2026 US GOV United States United States 496,362.69 City of Escondido 91282CDG3 UNITED STATES TREASURY 2,000,000.00 USD 10/31/2026 US GOV United States United States 1,985,450.76 City of Escondido 91282CEN7 UNITED STATES TREASURY 2,000,000.00 USD 04/30/2027 US GOV United States United States 1,987,746.30 City of Escondido 91282CES6 UNITED STATES TREASURY 3,000,000.00 USD 05/31/2029 US GOV United States United States 2,892,717.70 City of Escondido 91282CEV9 UNITED STATES TREASURY 2,000,000.00 USD 06/30/2029 US GOV United States United States 1,949,636.63 City of Escondido 91282CEV9 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2029 US GOV United States United States 2,924,454.95 City of Escondido 91282CEW7 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2027 US GOV United States United States 2,975,364.95 City of Escondido 91282CFB2 UNITED STATES TREASURY 1,000,000.00 USD 07/31/2027 US GOV United States United States 996,940.99 City of Escondido 91282CFB2 UNITED STATES TREASURY 1,000,000.00 USD 07/31/2027 US GOV United States United States 996,940.99 Exposure - Issuer Concentration City of Escondido (299155) As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 23 Attachment "4"
55 Item5.
(X9USDBRD2) BLAKCROCK
The Home Depot, Inc.

Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 91282CFB2 UNITED STATES TREASURY 3,000,000.00 USD 07/31/2027 US GOV United States United States 2,990,822.98 City of Escondido 91282CFB2 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2027 US GOV United States United States 1,993,881.99 City of Escondido 91282CFH9 UNITED STATES TREASURY 1,000,000.00 USD 08/31/2027 US GOV United States United States 999,074.97 City of Escondido 91282CFJ5 UNITED STATES TREASURY 2,000,000.00 USD 08/31/2029 US GOV United States United States 1,959,949.95 City of Escondido 91282CFL0 UNITED STATES TREASURY 2,000,000.00 USD 09/30/2029 US GOV United States United States 2,002,380.87 City of Escondido 91282CFU0 UNITED STATES TREASURY 2,000,000.00 USD 10/31/2027 US GOV United States United States 2,013,039.46 City of Escondido 91282CFU0 UNITED STATES TREASURY 1,000,000.00 USD 10/31/2027 US GOV United States United States 1,006,519.73 City of Escondido 91282CGB1 UNITED STATES TREASURY 3,000,000.00 USD 12/31/2029 US GOV United States United States 2,972,295.90 City of Escondido 91282CGC9 UNITED STATES TREASURY 4,000,000.00 USD 12/31/2027 US GOV United States United States 3,984,341.20 City of Escondido 91282CGJ4 UNITED STATES TREASURY 2,000,000.00 USD 01/31/2030 US GOV United States United States 1,985,378.90 City of Escondido 91282CGP0 UNITED STATES TREASURY 1,000,000.00 USD 02/29/2028 US GOV United States United States 1,010,909.57 City of Escondido 91282CGP0 UNITED STATES TREASURY 2,000,000.00 USD 02/29/2028 US GOV United States United States 2,021,819.13 City of Escondido 91282CGT2 UNITED STATES TREASURY 5,000,000.00 USD 03/31/2028 US GOV United States United States 5,001,210.11 City of Escondido 91282CHA2 UNITED STATES TREASURY 1,000,000.00 USD 04/30/2028 US GOV United States United States 994,416.74 City of Escondido 91282CHA2 UNITED STATES TREASURY 2,000,000.00 USD 04/30/2028 US GOV United States United States 1,988,833.48 City of Escondido 91282CHE4 UNITED STATES TREASURY 2,000,000.00 USD 05/31/2028 US GOV United States United States 1,986,920.71 City of Escondido 91282CHJ3 UNITED STATES TREASURY 5,000,000.00 USD 06/30/2030 US GOV United States United States 4,922,209.51 City of Escondido 91282CHK0 UNITED STATES TREASURY 2,000,000.00 USD 06/30/2028 US GOV United States United States 1,994,597.39 City of Escondido 91282CHK0 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2028 US GOV United States United States 2,991,896.09 City of Escondido 91282CHQ7 UNITED STATES TREASURY 3,000,000.00 USD 07/31/2028 US GOV United States United States 3,050,089.48 City of Escondido 91282CHU8 UNITED STATES TREASURY 2,000,000.00 USD 08/15/2026 US GOV United States United States 2,033,972.93 City of Escondido 91282CJA0 UNITED STATES TREASURY 3,000,000.00 USD 09/30/2028 US GOV United States United States 3,064,757.05 City of Escondido 91282CJR3 UNITED STATES TREASURY 3,000,000.00 USD 12/31/2028 US GOV United States United States 2,971,355.71 City of Escondido 91282CJR3 UNITED STATES TREASURY 2,000,000.00 USD 12/31/2028 US GOV United States United States 1,980,903.80 City of Escondido 91282CKG5 UNITED STATES TREASURY 1,000,000.00 USD 03/31/2029 US GOV United States United States 1,009,588.85 City of Escondido 91282CLS8 UNITED STATES TREASURY 3,000,000.00 USD 10/31/2026 US GOV United States United States 3,022,529.18 City of Escondido 91282CNN7 UNITED STATES TREASURY 3,000,000.00 USD 07/31/2030 US GOV United States United States 3,014,861.02 City of Escondido 91282CNX5 UNITED STATES TREASURY 1,000,000.00 USD 08/31/2030 US GOV United States United States 991,026.17 City of Escondido 91282CNY3 UNITED STATES TREASURY 3,000,000.00 USD 09/15/2028 US GOV United States United States 2,980,604.67 City of Escondido 91282CPA3 UNITED STATES TREASURY 2,000,000.00 USD 09/30/2030 US GOV United States United States 1,975,404.04 City of Escondido 91282CPW5 UNITED STATES TREASURY 3,000,000.00 USD 01/31/2031 US GOV United States United States 2,992,566.80 City of Escondido --- UNITED STATES TREASURY 124,960,000.00 USD 07/03/2028 --- United States United States 123,696,130.51 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102
14,045,385.02 USD 06/30/2026 MMFUND BLAKCROCK (X9USDBRD2) BLAKCROCK 14,045,385.02 City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102
14,045,385.02 USD 06/30/2026 MMFUND BLAKCROCK (X9USDBRD2) BLAKCROCK 14,045,385.02 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 437076BY7 HOME DEPOT INC 1,000,000.00 USD 06/15/2029 CORP The Home Depot, Inc. The Home Depot, Inc. 961,951.11 City of Escondido 437076DC3 HOME DEPOT INC 1,000,000.00 USD 06/25/2029 CORP The Home Depot, Inc. The Home Depot, Inc. 1,011,031.67 City of Escondido 437076DC3 HOME DEPOT INC 3,000,000.00 USD 06/25/2029 CORP The Home Depot, Inc. The Home Depot, Inc. 3,033,095.00 City of Escondido 437076DJ8 HOME DEPOT INC 2,000,000.00 USD 09/15/2030 CORP The Home Depot, Inc. The Home Depot, Inc. 1,984,481.11 City of Escondido --- HOME DEPOT INC 7,000,000.00 USD 10/29/2029 CORP The Home Depot, Inc. The Home Depot, Inc. 6,990,558.89 Exposure - Issuer Concentration City of Escondido (299155) As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 24 Attachment "4"
56 Item5.

The Walt Disney Company
Mastercard Incorporated
U.S. Bancorp
JPMorgan Chase & Co.

Federal Home Loan Banks
Chevron Corporation
Caterpillar Inc.

Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 254687FL5 WALT DISNEY CO 1,000,000.00 USD 09/01/2029 CORP The Walt Disney Company The Walt Disney Company 935,326.67 City of Escondido 254687GC4 WALT DISNEY CO 4,000,000.00 USD 03/14/2029 CORP The Walt Disney Company The Walt Disney Company 3,996,156.67 City of Escondido --- WALT DISNEY CO 5,000,000.00 USD 04/15/2029 CORP The Walt Disney Company The Walt Disney Company 4,931,483.33 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 57636QAM6 MASTERCARD INC 1,000,000.00 USD 06/01/2029 CORP Mastercard Incorporated Mastercard Incorporated 965,658.33 City of Escondido 57636QAM6 MASTERCARD INC 4,000,000.00 USD 06/01/2029 CORP Mastercard Incorporated Mastercard Incorporated 3,862,633.33 City of Escondido 57636QAM6 MASTERCARD INC 5,000,000.00 USD 06/01/2029 CORP Mastercard Incorporated Mastercard Incorporated 4,828,291.67 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 91159HJM3 US BANCORP 4,000,000.00 USD 06/12/2029 CORP U.S. Bancorp U.S. Bancorp 4,096,551.67 City of Escondido 91159HJM3 US BANCORP 4,000,000.00 USD 06/12/2029 CORP U.S. Bancorp U.S. Bancorp 4,096,551.67 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 46647PDA1 JPMORGAN CHASE & CO 3,000,000.00 USD 04/26/2028 CORP JPMorgan Chase & Co. JPMorgan Chase & Co. 3,019,216.25 City of Escondido 46647PDX1 JPMORGAN CHASE & CO 1,000,000.00 USD 10/23/2029 CORP JPMorgan Chase & Co. JPMorgan Chase & Co. 1,042,287.67 City of Escondido --- JPMORGAN CHASE & CO 4,000,000.00 USD 09/13/2028 CORP JPMorgan Chase & Co. JPMorgan Chase & Co. 4,061,503.92 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 3130BA2S5 FEDERAL HOME LOAN BANKS 4,000,000.00 USD 03/25/2031 AGCY BOND Federal Home Loan Banks Federal Home Loan Banks 4,035,420.00 City of Escondido 3130BA2S5 FEDERAL HOME LOAN BANKS 4,000,000.00 USD 03/25/2031 AGCY BOND Federal Home Loan Banks Federal Home Loan Banks 4,035,420.00 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 166756BJ4 CHEVRON USA INC 2,000,000.00 USD 10/15/2030 CORP Chevron U.S.A. Inc. Chevron Corporation 2,007,915.56 City of Escondido 166764BY5 CHEVRON CORP 2,000,000.00 USD 05/11/2030 CORP Chevron Corporation Chevron Corporation 1,846,211.11 City of Escondido --- --- 4,000,000.00 USD 08/01/2030 CORP --- Chevron Corporation 3,854,126.67 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 14913R2U0 CATERPILLAR FINANCIAL SERVICES CORP
800,000.00 USD 01/08/2027 CORP Caterpillar Financial Services Corporation Caterpillar Inc. 796,647.56 City of Escondido 14913UAU4 CATERPILLAR FINANCIAL SERVICES CORP
1,000,000.00 USD 11/15/2029 CORP Caterpillar Financial Services Corporation Caterpillar Inc. 1,014,185.56 Exposure - Issuer Concentration City of Escondido (299155) As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 25 Attachment "4"
57 Item5.

Amazon.com, Inc.

UnitedHealth Group Incorporated
Waste Management, Inc.

Johnson & Johnson
The Bank of New York Mellon Corporation
Berkshire Hathaway Inc.

Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 14913UBH2 CATERPILLAR FINANCIAL SERVICES CORP
2,000,000.00 USD 01/08/2031 CORP Caterpillar Financial Services Corporation Caterpillar Inc. 2,009,206.11 City of Escondido --- CATERPILLAR FINANCIAL SERVICES
CORP
3,800,000.00 USD 11/18/2029 CORP Caterpillar Financial Services Corporation
Caterpillar Inc. 3,820,039.22
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 023135BR6 AMAZON.COM INC 500,000.00 USD 06/03/2027 CORP Amazon.com, Inc. Amazon.com, Inc. 487,036.67 City of Escondido 023135BS4 AMAZON.COM INC 2,000,000.00 USD 06/03/2030 CORP Amazon.com, Inc. Amazon.com, Inc. 1,789,033.33 City of Escondido 023135CP9 AMAZON.COM INC 1,000,000.00 USD 12/01/2027 CORP Amazon.com, Inc. Amazon.com, Inc. 1,008,061.67 City of Escondido --- AMAZON.COM INC 3,500,000.00 USD 03/17/2029 CORP Amazon.com, Inc. Amazon.com, Inc. 3,284,131.67 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 91324PDK5 UNITEDHEALTH GROUP INC 2,000,000.00 USD 06/15/2028 CORP UnitedHealth Group Incorporated UnitedHealth Group Incorporated 1,983,762.22 City of Escondido 91324PEG3 UNITEDHEALTH GROUP INC 200,000.00 USD 05/15/2027 CORP UnitedHealth Group Incorporated UnitedHealth Group Incorporated 200,035.56 City of Escondido 91324PEG3 UNITEDHEALTH GROUP INC 440,000.00 USD 05/15/2027 CORP UnitedHealth Group Incorporated UnitedHealth Group Incorporated 440,078.22 City of Escondido --- UNITEDHEALTH GROUP INC 2,640,000.00 USD 03/10/2028 CORP UnitedHealth Group Incorporated UnitedHealth Group Incorporated 2,623,876.00 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 94106LBX6 WASTE MANAGEMENT INC 2,335,000.00 USD 07/03/2027 CORP Waste Management, Inc. Waste Management, Inc. 2,407,700.23 City of Escondido 94106LBX6 WASTE MANAGEMENT INC 2,335,000.00 USD 07/03/2027 CORP Waste Management, Inc. Waste Management, Inc. 2,407,700.23 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 478160DJ0 JOHNSON & JOHNSON 2,000,000.00 USD 03/01/2030 CORP Johnson & Johnson Johnson & Johnson 2,057,273.33 City of Escondido 478160DJ0 JOHNSON & JOHNSON 2,000,000.00 USD 03/01/2030 CORP Johnson & Johnson Johnson & Johnson 2,057,273.33 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 06406RBG1 BANK OF NEW YORK MELLON CORP 2,000,000.00 USD 06/13/2028 CORP The Bank of New York Mellon Corporation The Bank of New York Mellon Corporation 1,996,432.00 City of Escondido 06406RBG1 BANK OF NEW YORK MELLON CORP 2,000,000.00 USD 06/13/2028 CORP The Bank of New York Mellon Corporation
The Bank of New York Mellon
Corporation
1,996,432.00
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 12189LBA8 BURLINGTON NORTHERN SANTA FE LLC
2,000,000.00 USD 06/15/2027 CORP Burlington Northern Santa Fe, LLC Berkshire Hathaway Inc. 1,984,948.89 City of Escondido 12189LBA8 BURLINGTON NORTHERN SANTA FE LLC
2,000,000.00 USD 06/15/2027 CORP Burlington Northern Santa Fe, LLC Berkshire Hathaway Inc. 1,984,948.89 Exposure - Issuer Concentration City of Escondido (299155) As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 26 Attachment "4"
58 Item5.

Apple Inc.

Costco Wholesale Corporation
The Charles Schwab Corporation
The Coca-Cola Company
Citigroup Inc.

Adobe Inc.

Merck & Co., Inc.

Honda Motor Co., Ltd.

Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 037833BZ2 APPLE INC 1,000,000.00 USD 08/04/2026 CORP Apple Inc. Apple Inc. 1,008,444.17 City of Escondido 037833EH9 APPLE INC 1,000,000.00 USD 08/05/2028 CORP Apple Inc. Apple Inc. 949,757.78 City of Escondido --- APPLE INC 2,000,000.00 USD 07/25/2027 CORP Apple Inc. Apple Inc. 1,958,201.94 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 22160KAP0 COSTCO WHOLESALE CORP 2,000,000.00 USD 04/20/2030 CORP Costco Wholesale Corporation Costco Wholesale Corporation 1,814,891.11 City of Escondido 22160KAP0 COSTCO WHOLESALE CORP 2,000,000.00 USD 04/20/2030 CORP Costco Wholesale Corporation Costco Wholesale Corporation 1,814,891.11 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 808513BS3 CHARLES SCHWAB CORP 2,000,000.00 USD 05/13/2031 CORP The Charles Schwab Corporation The Charles Schwab Corporation 1,800,373.33 City of Escondido 808513BS3 CHARLES SCHWAB CORP 2,000,000.00 USD 05/13/2031 CORP The Charles Schwab Corporation The Charles Schwab Corporation 1,800,373.33 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 191216CU2 COCA-COLA CO 1,500,000.00 USD 06/01/2027 CORP The Coca-Cola Company The Coca-Cola Company 1,465,857.50 City of Escondido 191216CU2 COCA-COLA CO 1,500,000.00 USD 06/01/2027 CORP The Coca-Cola Company The Coca-Cola Company 1,465,857.50 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 17325FBK3 CITIBANK NA 1,000,000.00 USD 08/06/2029 CORP Citibank, N.A. Citigroup Inc. 1,027,796.39 City of Escondido 17325FBK3 CITIBANK NA 1,000,000.00 USD 08/06/2029 CORP Citibank, N.A. Citigroup Inc. 1,027,796.39 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 00724PAF6 ADOBE INC 1,000,000.00 USD 04/04/2029 CORP Adobe Inc. Adobe Inc. 1,021,690.00 City of Escondido 00724PAF6 ADOBE INC 1,000,000.00 USD 04/04/2029 CORP Adobe Inc. Adobe Inc. 1,021,690.00 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 58933YBQ7 MERCK & CO INC 1,000,000.00 USD 09/15/2030 CORP Merck & Co., Inc. Merck & Co., Inc. 1,001,049.44 City of Escondido 58933YBQ7 MERCK & CO INC 1,000,000.00 USD 09/15/2030 CORP Merck & Co., Inc. Merck & Co., Inc. 1,001,049.44 Exposure - Issuer Concentration City of Escondido (299155) As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 27 Attachment "4"
59 Item5.

International Business Machines Corporation
Meta Platforms, Inc.

Farm Credit System
Federal National Mortgage Association
PayPal Holdings, Inc.

Target Corporation
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 02665WDZ1 AMERICAN HONDA FINANCE CORP 1,000,000.00 USD 09/09/2026 CORP American Honda Finance Corporation Honda Motor Co., Ltd. 998,414.44 City of Escondido 02665WDZ1 AMERICAN HONDA FINANCE CORP 1,000,000.00 USD 09/09/2026 CORP American Honda Finance Corporation Honda Motor Co., Ltd. 998,414.44 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 459200KM2 INTERNATIONAL BUSINESS MACHINES CORP
1,000,000.00 USD 02/09/2027 CORP International Business Machines Corporation
International Business Machines
Corporation
995,797.78
City of Escondido 459200KM2 INTERNATIONAL BUSINESS MACHINES CORP
1,000,000.00 USD 02/09/2027 CORP International Business Machines Corporation
International Business Machines
Corporation
995,797.78
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 30303MAB8 META PLATFORMS INC 1,000,000.00 USD 11/15/2030 CORP Meta Platforms, Inc. Meta Platforms, Inc. 990,006.67 City of Escondido 30303MAB8 META PLATFORMS INC 1,000,000.00 USD 11/15/2030 CORP Meta Platforms, Inc. Meta Platforms, Inc. 990,006.67 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 3133EMAC6 FEDERAL FARM CREDIT BANKS

FUNDING CORP
1,000,000.00 USD 09/21/2027 AGCY BOND Federal Farm Credit Banks Funding Corporation
Farm Credit System 962,303.33
City of Escondido 3133EMAC6 FEDERAL FARM CREDIT BANKS

FUNDING CORP
1,000,000.00 USD 09/21/2027 AGCY BOND Federal Farm Credit Banks Funding Corporation
Farm Credit System 962,303.33
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 3135G05Y5 FEDERAL NATIONAL MORTGAGE

ASSOCIATION
1,000,000.00 USD 10/08/2027 AGCY BOND Federal National Mortgage Association Federal National Mortgage Association 960,499.17 City of Escondido 3135G05Y5 FEDERAL NATIONAL MORTGAGE

ASSOCIATION
1,000,000.00 USD 10/08/2027 AGCY BOND Federal National Mortgage Association Federal National Mortgage Association 960,499.17 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 70450YAE3 PAYPAL HOLDINGS INC 1,000,000.00 USD 10/01/2029 CORP PayPal Holdings, Inc. PayPal Holdings, Inc. 951,515.00 City of Escondido 70450YAE3 PAYPAL HOLDINGS INC 1,000,000.00 USD 10/01/2029 CORP PayPal Holdings, Inc. PayPal Holdings, Inc. 951,515.00 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 87612EBM7 TARGET CORP 180,000.00 USD 01/15/2027 CORP Target Corporation Target Corporation 179,517.90 City of Escondido 87612EBM7 TARGET CORP 650,000.00 USD 01/15/2027 CORP Target Corporation Target Corporation 648,259.08 City of Escondido 87612EBM7 TARGET CORP 830,000.00 USD 01/15/2027 CORP Target Corporation Target Corporation 827,776.98 Exposure - Issuer Concentration City of Escondido (299155) As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 28 Attachment "4"
60 Item5.

Deere & Company
Honeywell International Inc.

Northern Trust Corporation
County of Los Angeles, California
Summary

* Grouped by: Issuer Concentration. * Groups Sorted by: Ending Market Value + Accrued. * Weighted by: Ending Market Value + Accrued.

Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 24422EWA3 JOHN DEERE CAPITAL CORP 800,000.00 USD 01/11/2027 CORP John Deere Capital Corporation Deere & Company 796,334.22 City of Escondido 24422EWA3 JOHN DEERE CAPITAL CORP 800,000.00 USD 01/11/2027 CORP John Deere Capital Corporation Deere & Company 796,334.22 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 438516CE4 HONEYWELL INTERNATIONAL INC 700,000.00 USD 03/01/2027 CORP Honeywell International Inc. Honeywell International Inc. 688,251.67 City of Escondido 438516CE4 HONEYWELL INTERNATIONAL INC 700,000.00 USD 03/01/2027 CORP Honeywell International Inc. Honeywell International Inc. 688,251.67 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 665859AW4 NORTHERN TRUST CORP 670,000.00 USD 05/10/2027 CORP Northern Trust Corporation Northern Trust Corporation 672,597.37 City of Escondido 665859AW4 NORTHERN TRUST CORP 670,000.00 USD 05/10/2027 CORP Northern Trust Corporation Northern Trust Corporation 672,597.37 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 544647FC9 LOS ANGELES CALIF UNI SCH DIST 310,000.00 USD 07/01/2026 MUNI Los Angeles Unified School District County of Los Angeles, California 312,255.25 City of Escondido 544647FC9 LOS ANGELES CALIF UNI SCH DIST 310,000.00 USD 07/01/2026 MUNI Los Angeles Unified School District County of Los Angeles, California 312,255.25 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido --- --- 210,090,385.02 USD 08/10/2028 --- --- --- 207,959,464.61 Exposure - Issuer Concentration City of Escondido (299155) As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 29 Attachment "4"
61 Item5.

Net of Fees (includes management and trading).

Returns are actual and have not been annualized.

No Tax Adjustment.

Note that data will not exist prior to the performance inception date of: 04/01/2022.

Period Period Begin Period End Total Return, Net of Fees Income Return, Net of Fees Price Return, Net of Fees Prior Month 05/01/2026 05/29/2026 0.100% 0.300% -0.200% Prior Quarter 01/01/2026 03/31/2026 0.305% 0.921% -0.616% Prior Year 01/01/2025 12/31/2025 5.545% 3.596% 1.949%
Trailing Month 06/01/2026 06/30/2026 0.155% 0.320% -0.165% Trailing Quarter 04/01/2026 06/30/2026 0.510% 0.960% -0.451% Trailing Year 07/01/2025 06/30/2026 3.166% 3.755% -0.588% Account Index Index Start Date Index End Date
City of Escondido ICE BofA 1-5 Year US Corporate & Government Index 08/02/2002 --- Summary City of Escondido (299155)
As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 30 Attachment "4"
62 Item5.

Compliance Summary

City of Escondido - City Escondido Compliance
Compliant
Compliant Account Policy Name Total Rules Compliant Rules Violating Rules Compliant City of Escondido City Escondido Compliance 60 60 0 Status Account Policy Name Category Name Rule Name Days In Violation
Actual Value Actual Value
without
Resolutions
Limit Value Notes Resolutions
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments U.S. Treasury Obligations & Agency Securities
0 62.346 62.346 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Municipal Securities
0 0.150 0.150 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Supranational 0 --- --- 100.000 N N Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Negotiable Certificates of Deposit
0 --- --- 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Banker's Acceptances
0 --- --- 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Commercial Paper 0 --- --- 100.000 N N Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Repurchase Agreements
0 --- --- 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Local Agency Investment Fund
0 --- --- 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investment Local Government Investment Pools
0 58.528 58.528 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Bank Deposits 0 5.701 5.701 100.000 N N Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Placement Service Deposits
0 --- --- 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Medium-Term Notes
0 --- --- 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Asset-Backed Securities
0 --- --- 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Money Market Funds
0 6.754 6.754 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Repurchase Agreements 102% Collateralized
0 --- --- 100.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Municipal Securities
0 0.150 0.150 40.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Supranational 0 --- --- 30.000 N N Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Negotiable Certificates of Deposit
0 --- --- 30.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Banker's Acceptances
0 --- --- 30.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Commercial Paper
0 --- --- 25.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Local Agency Investment Fund
0 --- --- 75.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Placement Service Deposits
0 --- --- 30.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Medium Term Notes
0 --- --- 30.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Asset-Backed Securities
0 --- --- 20.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Callable Agency Securities
0 26.873 26.873 30.000 N N
Status City of Escondido (299155)
As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 31 Attachment "4"
63 Item5.

Status Account Policy Name Category Name Rule Name Days In Violation
Actual Value Actual Value
without
Resolutions
Limit Value Notes Resolutions
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Money Market Funds
0 6.754 6.754 20.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Time Certificate of Deposits
0 --- --- 20.000 N N
Compliant City of Escondido City Escondido Compliance Credit Rating Minimum Credit Rating for Municipal Securities - A/A2
0 --- --- 0 N N
Compliant City of Escondido City Escondido Compliance Credit Rating Minimum Credit Rating for Supranational - AA/Aa2
0 --- --- 0 N N
Compliant City of Escondido City Escondido Compliance Credit Rating Minimum Credit Rating for Negotiable Certificates of Deposits - A/A2
0 --- --- 0 N N
Compliant City of Escondido City Escondido Compliance Credit Rating Minimum Credit Rating for Banker's Acceptance - A-1
0 --- --- 0 N N
Compliant City of Escondido City Escondido Compliance Credit Rating Minimum Credit Rating for Commercial Paper - A-1/P-1
0 --- --- 0 N N
Compliant City of Escondido City Escondido Compliance Credit Rating Minimum Credit Rating for Medium Term Notes - A
0 --- --- 0 N N
Compliant City of Escondido City Escondido Compliance Credit Rating Minimum Credit Rating for Asset-Backed Securities - AA
0 --- --- 0 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer Concentration for U.S.

Agency Securities
0 1.940 1.940 30.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer Concentration for Municipal Securities
0 0.150 0.150 5.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer Concentration for Supranational
0 --- --- 30.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer Concentration for Negotiable Certificates of Deposit
0 --- --- 5.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer Concentration for Banker's Acceptances
0 --- --- 5.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer concentration for Commercial Paper
0 --- --- 5.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer Concentration for Placement Service Deposits
0 --- --- 30.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer Concentration for Medium Term Notes
0 --- --- 5.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer Concentration for Asset- Backed Securities
0 --- --- 5.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer Concentration for Money Market Funds
0 6.754 6.754 20.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer concentration for Outstanding Commercial Paper
0 --- --- 10.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Short-Term Investment Shall be 25% of General Fund
0 --- --- 25.000 N N
Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for U.S. Treasury Obligations
0 0.611 0.611 5.000 N N
Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for U.S. Agency Securities
0 4.997 5.052 5.000 N Y
Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Municipal Securities 0 4.639 4.639 5.000 N N Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Supranational 0 --- --- 5.000 N N Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Negotiable Certificates of Deposit
0 --- --- 5.000 N N
Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Banker's Acceptances
0 --- --- 186.000 N N
Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Commercial Paper 0 --- --- 270.000 N N Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Repurchase Agreements - 1 years
0 --- --- 1.000 N N
Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Bank Deposits - 5 Years
0 5.000 5.000 5.000 N N
Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Placement Service Deposits
0 --- --- 5.000 N N
Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Medium Term Notes 0 --- --- 5.000 N N Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Asset-Backed Securities
0 --- --- 5.000 N N
Status City of Escondido (299155)
As of 06/30/2026 Return to Table of Contents Dated: 07/30/2026 32 Attachment "4"
64 Item5.

Policies: .

Rules: .
* Compliance Status as of previous business day.

Cash
CE
LT
General Ledger Grouping,
Account,
Identifier
Description,
Factorized Units,
Currency
Security Type,
BS Class,
State
State Tax,
Fed Tax,
Net Transfers
Beginning Book Value
less Due,
Acquired Book Value
less Due,
Transferred In Book
Value less Due
Disposed Book Value,
Transferred Out Book
Value less Due,
Impairment Loss
Ending Book Value
less Due,
Net Amortization/
Accretion,
Miscellaneous Income
Miscellaneous
Expense,
Beginning Due &
Accrued,
Acquired Due &
Accrued
Transferred In
Due & Accrued,
Disposed Due &
Accrued,
Transferred Out
Due & Accrued
Ending Due &
Accrued,
Interest/Dividend
Received,
Interest/Dividend
Income
Net Realized Gain/
Loss,
Net Gain/Loss,
Net Income
Cash
City of Escondido
CCYUSD
Cash

0.00 USD
CASH
Cash
---
Y
Y
10,000,000.00

0.00 0.00

0.00 Cash
City of Escondido
CCYUSD
Cash

0.00 USD
CASH
Cash
---
Y
Y
10,000,000.00

0.00 0.00

0.00 General Ledger Grouping,
Account,
Identifier
Description,
Factorized Units,
Currency
Security Type,
BS Class,
State
State Tax,
Fed Tax,
Net Transfers
Beginning Book Value
less Due,
Acquired Book Value
less Due,
Transferred In Book
Value less Due
Disposed Book Value,
Transferred Out Book
Value less Due,
Impairment Loss
Ending Book Value
less Due,
Net Amortization/
Accretion,
Miscellaneous Income
Miscellaneous
Expense,
Beginning Due &
Accrued,
Acquired Due &
Accrued
Transferred In
Due & Accrued,
Disposed Due &
Accrued,
Transferred Out
Due & Accrued
Ending Due &
Accrued,
Interest/Dividend
Received,
Interest/Dividend
Income
Net Realized Gain/
Loss,
Net Gain/Loss,
Net Income
CE
City of Escondido
X9USDBRD2

BLACKROCK FED TRST DOLR SHR FD
102
14,045,385.02
USD
MMFUND
CE
---
Y
Y

0.00 3,981,275.69
20,043,443.23

0.00 -9,979,333.90

0.00 0.00
14,045,385.02

0.00 0.00

0.00 55,325.87
55,325.87

0.00 0.00
55,325.87
CE
City of Escondido
X9USDBRD2

BLACKROCK FED TRST DOLR SHR FD
102
14,045,385.02
USD
MMFUND
CE
---
Y
Y

0.00 3,981,275.69
20,043,443.23

0.00 -9,979,333.90

0.00 0.00
14,045,385.02

0.00 0.00

0.00 55,325.87
55,325.87

0.00 0.00
55,325.87
General Ledger Grouping,
Account,
Identifier
Description,
Factorized Units,
Currency
Security Type,
BS Class,
State
State Tax,
Fed Tax,
Net Transfers
Beginning Book Value
less Due,
Acquired Book Value
less Due,
Transferred In Book
Value less Due
Disposed Book Value,
Transferred Out Book
Value less Due,
Impairment Loss
Ending Book Value
less Due,
Net Amortization/
Accretion,
Miscellaneous Income
Miscellaneous
Expense,
Beginning Due &
Accrued,
Acquired Due &
Accrued
Transferred In
Due & Accrued,
Disposed Due &
Accrued,
Transferred Out
Due & Accrued
Ending Due &
Accrued,
Interest/Dividend
Received,
Interest/Dividend
Income
Net Realized Gain/
Loss,
Net Gain/Loss,
Net Income
LT
City of Escondido
00724PAF6

ADOBE INC
1,000,000.00
USD
CORP
LT
CA
Y
Y

0.00 1,006,518.82

0.00 0.00

0.00 1,005,997.65
-521.17

0.00 0.00
23,600.00

0.00 0.00

0.00 0.00
11,600.00
24,000.00
12,000.00

0.00 0.00
11,478.83
LT
City of Escondido
023135BR6
AMAZON.COM INC

0.00 USD
CORP
LT
WA
Y
Y

0.00 479,589.90

0.00 0.00

0.00 -482,510.41

0.00 0.00
2,920.51

0.00 0.00
1,966.67

0.00 0.00

0.00 -3,000.00

0.00 0.00
1,033.33

0.00 0.00
3,953.84
LT
City of Escondido
023135BS4
AMAZON.COM INC
2,000,000.00
USD
CORP
LT
WA
Y
Y

0.00 1,792,249.84

0.00 0.00

0.00 1,803,658.26
11,408.42

0.00 0.00
9,833.33

0.00 0.00

0.00 0.00
2,333.33
15,000.00
7,500.00

0.00 0.00
18,908.42
LT
City of Escondido
023135CP9
AMAZON.COM INC
1,000,000.00
USD
CORP
LT
WA
Y
Y

0.00 1,001,861.93

0.00 0.00

0.00 1,001,582.75
-279.18

0.00 0.00
15,166.67

0.00 0.00

0.00 0.00
3,791.67
22,750.00
11,375.00

0.00 0.00
11,095.82
LT
City of Escondido
037833EH9

APPLE INC
1,000,000.00
USD
CORP
LT
CA
Y
Y

0.00 925,397.40

0.00 0.00

0.00 932,987.04
7,589.64

0.00 0.00
2,177.78

0.00 0.00

0.00 0.00
5,677.78

0.00 3,500.00

0.00 0.00
11,089.64
LT
City of Escondido
06406RBG1

BANK OF NEW YORK MELLON CORP
2,000,000.00
USD
CORP
LT
NY
Y
Y

0.00 1,985,618.69

0.00 0.00

0.00 1,988,538.94
2,920.25

0.00 0.00
23,952.00

0.00 0.00

0.00 0.00
3,992.00
39,920.00
19,960.00

0.00 0.00
22,880.25
LT
City of Escondido
12189LBA8

BURLINGTON NORTHERN SANTA FE LLC

0.00 USD
CORP
LT
TX
Y
Y

0.00 1,979,241.24

0.00 0.00

0.00 -1,982,698.07

0.00 0.00
3,456.83

0.00 0.00
19,138.89

0.00 0.00

0.00 -32,500.00

0.00 0.00
13,361.11

0.00 0.00
16,817.94
LT
City of Escondido
14913UAU4

CATERPILLAR FINANCIAL SERVICES
CORP
1,000,000.00
USD
CORP
LT
TN
Y
Y

0.00 1,026,749.28

0.00 0.00

0.00 1,025,024.98
-1,724.30

0.00 0.00
17,755.56

0.00 0.00

0.00 0.00
6,005.56
23,500.00
11,750.00

0.00 0.00
10,025.70
LT
City of Escondido
14913UBH2

CATERPILLAR FINANCIAL SERVICES
CORP
2,000,000.00
USD
CORP
LT
TN
Y
Y

0.00 2,007,921.70

0.00 0.00

0.00 2,007,611.91
-309.80

0.00 0.00
19,136.11

0.00 0.00

0.00 0.00
39,886.11

0.00 20,750.00

0.00 0.00
20,440.20
GAAP GL Income Detail City of Escondido (299155)
04/01/2026 - 06/30/2026 Return to Table of Contents Dated: 07/30/2026 34 Attachment "4"
66 Item5.

General Ledger Grouping,
Account,
Identifier
Description,
Factorized Units,
Currency
Security Type,
BS Class,
State
State Tax,
Fed Tax,
Net Transfers
Beginning Book Value
less Due,
Acquired Book Value
less Due,
Transferred In Book
Value less Due
Disposed Book Value,
Transferred Out Book
Value less Due,
Impairment Loss
Ending Book Value
less Due,
Net Amortization/
Accretion,
Miscellaneous Income
Miscellaneous
Expense,
Beginning Due &
Accrued,
Acquired Due &
Accrued
Transferred In
Due & Accrued,
Disposed Due &
Accrued,
Transferred Out
Due & Accrued
Ending Due &
Accrued,
Interest/Dividend
Received,
Interest/Dividend
Income
Net Realized Gain/
Loss,
Net Gain/Loss,
Net Income
LT
City of Escondido
166756BJ4

CHEVRON USA INC
2,000,000.00
USD
CORP
LT
CA
Y
Y

0.00 2,024,136.31

0.00 0.00

0.00 2,022,930.08
-1,206.24

0.00 0.00
54,466.67

0.00 0.00

0.00 0.00
18,155.56
57,811.11
21,500.00

0.00 0.00
20,293.76
LT
City of Escondido
166764BY5

CHEVRON CORP
2,000,000.00
USD
CORP
LT
TX
Y
Y

0.00 1,842,699.36

0.00 0.00

0.00 1,851,468.33
8,768.97

0.00 0.00
17,391.11

0.00 0.00

0.00 0.00
6,211.11
22,360.00
11,180.00

0.00 0.00
19,948.97
LT
City of Escondido
17325FBK3

CITIBANK NA
1,000,000.00
USD
CORP
LT
NJ
Y
Y

0.00 1,005,962.29

0.00 0.00

0.00 1,005,537.75
-424.54

0.00 0.00
7,391.39

0.00 0.00

0.00 0.00
19,486.39

0.00 12,095.00

0.00 0.00
11,670.46
LT
City of Escondido
191216CU2

COCA-COLA CO

0.00 USD
CORP
LT
GA
Y
Y

0.00 1,446,229.64

0.00 0.00

0.00 -1,453,722.08

0.00 0.00
7,492.44

0.00 0.00
7,250.00

0.00 0.00

0.00 -10,875.00

0.00 0.00
3,625.00

0.00 0.00
11,117.44
LT
City of Escondido
22160KAP0

COSTCO WHOLESALE CORP
2,000,000.00
USD
CORP
LT
WA
Y
Y

0.00 1,803,723.77

0.00 0.00

0.00 1,814,873.83
11,150.06

0.00 0.00
14,311.11

0.00 0.00

0.00 0.00
6,311.11
16,000.00
8,000.00

0.00 0.00
19,150.06
LT
City of Escondido
254687FL5

WALT DISNEY CO
1,000,000.00
USD
CORP
LT
CA
Y
Y

0.00 923,476.87

0.00 0.00

0.00 928,650.35
5,173.48

0.00 0.00
1,666.67

0.00 0.00

0.00 0.00
6,666.67

0.00 5,000.00

0.00 0.00
10,173.48
LT
City of Escondido
254687GC4

WALT DISNEY CO
4,000,000.00
USD
CORP
LT
CA
Y
Y

0.00 3,952,301.74

0.00 0.00

0.00 3,956,224.31
3,922.57

0.00 0.00
20,416.67

0.00 0.00

0.00 0.00
57,916.67

0.00 37,500.00

0.00 0.00
41,422.57
LT
City of Escondido
30303MAB8

META PLATFORMS INC
1,000,000.00
USD
CORP
LT
CA
Y
Y

0.00 1,004,829.71

0.00 0.00

0.00 1,004,609.31
-220.39

0.00 0.00
17,266.67

0.00 0.00

0.00 0.00
5,366.67
22,400.00
10,500.00

0.00 0.00
10,279.61
LT
City of Escondido
3130BA2S5

FEDERAL HOME LOAN BANKS
4,000,000.00
USD

AGCY BOND
LT
DC
N
Y

0.00 4,000,000.00

0.00 0.00

0.00 4,000,000.00

0.00 0.00

0.00 500.00

0.00 0.00

0.00 0.00
45,500.00

0.00 45,000.00

0.00 0.00
45,000.00
LT
City of Escondido
3133EMAC6

FEDERAL FARM CREDIT BANKS FUNDING
CORP
1,000,000.00
USD

AGCY BOND
LT
NJ
N
Y

0.00 954,738.64

0.00 0.00

0.00 962,200.56
7,461.92

0.00 0.00
208.33

0.00 0.00

0.00 0.00
2,083.33

0.00 1,875.00

0.00 0.00
9,336.92
LT
City of Escondido
3135G05Y5

FEDERAL NATIONAL MORTGAGE

ASSOCIATION
1,000,000.00
USD

AGCY BOND
LT
DC
Y
Y

0.00 946,229.17

0.00 0.00

0.00 954,830.10
8,600.94

0.00 0.00
3,604.17

0.00 0.00

0.00 0.00
1,729.17
3,750.00
1,875.00

0.00 0.00
10,475.94
LT
City of Escondido
437076BY7

HOME DEPOT INC
1,000,000.00
USD
CORP
LT
GA
Y
Y

0.00 955,977.49

0.00 0.00

0.00 959,178.80
3,201.30

0.00 0.00
8,686.11

0.00 0.00

0.00 0.00
1,311.11
14,750.00
7,375.00

0.00 0.00
10,576.30
LT
City of Escondido
437076DC3

HOME DEPOT INC
1,000,000.00
USD
CORP
LT
GA
Y
Y

0.00 1,000,000.00

0.00 0.00

0.00 1,000,000.00

0.00 0.00

0.00 12,666.67

0.00 0.00

0.00 0.00
791.67
23,750.00
11,875.00

0.00 0.00
11,875.00
LT
City of Escondido
437076DC3

HOME DEPOT INC
3,000,000.00
USD
CORP
LT
GA
Y
Y

0.00 3,077,615.70

0.00 0.00

0.00 3,071,823.86
-5,791.84

0.00 0.00
38,000.00

0.00 0.00

0.00 0.00
2,375.00
71,250.00
35,625.00

0.00 0.00
29,833.16
LT
City of Escondido
437076DJ8

HOME DEPOT INC
2,000,000.00
USD
CORP
LT
GA
Y
Y

0.00 1,999,834.75

0.00 0.00

0.00 1,999,843.22

8.47 0.00

0.00 3,511.11

0.00 0.00

0.00 0.00
23,261.11

0.00 19,750.00

0.00 0.00
19,758.47
LT
City of Escondido
46647PDA1

JPMORGAN CHASE & CO
3,000,000.00
USD
CORP
LT
NY
Y
Y

0.00 3,016,500.69

0.00 0.00

0.00 3,012,721.02
-3,779.67

0.00 0.00
55,838.75

0.00 0.00

0.00 0.00
23,416.25
64,845.00
32,422.50

0.00 0.00
28,642.83
LT
City of Escondido
46647PDX1

JPMORGAN CHASE & CO
1,000,000.00
USD
CORP
LT
NY
Y
Y

0.00 1,034,316.63

0.00 0.00

0.00 1,031,143.98
-3,172.65

0.00 0.00
26,715.17

0.00 0.00

0.00 0.00
11,497.67
30,435.00
15,217.50

0.00 0.00
12,044.85
LT
City of Escondido
478160DJ0

JOHNSON & JOHNSON
2,000,000.00
USD
CORP
LT
NJ
Y
Y

0.00 2,061,943.44

0.00 0.00

0.00 2,058,209.41
-3,734.04

0.00 0.00
7,833.33

0.00 0.00

0.00 0.00
31,333.33

0.00 23,500.00

0.00 0.00
19,765.96
LT
City of Escondido
57636QAM6

MASTERCARD INC
1,000,000.00
USD
CORP
LT
NY
Y
Y

0.00 949,743.83

0.00 0.00

0.00 953,435.97
3,692.14

0.00 0.00
9,833.33

0.00 0.00

0.00 0.00
2,458.33
14,750.00
7,375.00

0.00 0.00
11,067.14
LT
City of Escondido
57636QAM6

MASTERCARD INC
4,000,000.00
USD
CORP
LT
NY
Y
Y

0.00 3,910,779.99

0.00 0.00

0.00 3,917,570.98
6,790.99

0.00 0.00
39,333.33

0.00 0.00

0.00 0.00
9,833.33
59,000.00
29,500.00

0.00 0.00
36,290.99
LT
City of Escondido
58933YBQ7

MERCK & CO INC
1,000,000.00
USD
CORP
LT
NJ
Y
Y

0.00 1,005,785.43

0.00 0.00

0.00 1,005,484.66
-300.76

0.00 0.00
1,844.44

0.00 0.00

0.00 0.00
12,219.44

0.00 10,375.00

0.00 0.00
10,074.24
GAAP GL Income Detail City of Escondido (299155)
04/01/2026 - 06/30/2026 Return to Table of Contents Dated: 07/30/2026 35 Attachment "4"
67 Item5.

NORTHERN TRUST CORP

0.00 USD
CORP
LT
IL
Y
Y

0.00 671,462.84

0.00 0.00

0.00 -671,314.41

0.00 0.00
-148.43

0.00 0.00
10,496.67

0.00 0.00

0.00 -13,400.00

0.00 0.00
2,903.33

0.00 0.00
2,754.90
LT
City of Escondido
70450YAE3

PAYPAL HOLDINGS INC
1,000,000.00
USD
CORP
LT
CA
Y
Y

0.00 961,048.74

0.00 0.00

0.00 963,651.97
2,603.23

0.00 0.00
14,250.00

0.00 0.00

0.00 0.00
7,125.00
14,250.00
7,125.00

0.00 0.00
9,728.23
LT
City of Escondido
808513BS3

CHARLES SCHWAB CORP
2,000,000.00
USD
CORP
LT
TX
Y
Y

0.00 0.00
1,796,880.00

0.00 0.00

0.00 0.00
1,801,655.86
4,775.86

0.00 0.00

0.00 127.78

0.00 0.00

0.00 6,133.33

0.00 6,005.55

0.00 0.00
10,781.41
LT
City of Escondido
91159HJM3

US BANCORP
4,000,000.00
USD
CORP
LT
MN
Y
Y

0.00 0.00
4,108,000.00

0.00 0.00

0.00 0.00
4,101,670.90
-6,329.10

0.00 0.00

0.00 97,533.33

0.00 0.00

0.00 12,191.67
115,500.00
30,158.34

0.00 0.00
23,829.24
LT
City of Escondido
9128285M8

UNITED STATES TREASURY
4,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 3,886,598.61

0.00 0.00

0.00 3,896,853.32
10,254.71

0.00 0.00
47,306.63

0.00 0.00

0.00 0.00
15,964.67
62,500.00
31,158.04

0.00 0.00
41,412.76
LT
City of Escondido
9128286B1

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 2,839,734.31

0.00 0.00

0.00 2,852,922.58
13,188.27

0.00 0.00
9,789.36

0.00 0.00

0.00 0.00
29,585.64

0.00 19,796.27

0.00 0.00
32,984.54
LT
City of Escondido
912828Z94

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,816,777.24

0.00 0.00

0.00 1,827,813.89
11,036.65

0.00 0.00
3,729.28

0.00 0.00

0.00 0.00
11,270.72

0.00 7,541.44

0.00 0.00
18,578.09
LT
City of Escondido
912828ZV5

UNITED STATES TREASURY

0.00 USD
US GOV
LT
DC
N
Y

0.00 2,854,950.13

0.00 0.00

0.00 -2,883,060.91

0.00 0.00
28,110.78

0.00 0.00
3,770.72

0.00 0.00

0.00 -7,500.00

0.00 0.00
3,729.28

0.00 0.00
31,840.06
LT
City of Escondido
91282CAD3

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,917,547.66

0.00 0.00

0.00 1,932,774.87
15,227.22

0.00 0.00
1,243.09

0.00 0.00

0.00 0.00
3,128.45

0.00 1,885.36

0.00 0.00
17,112.58
LT
City of Escondido
91282CAY7

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,886,190.42

0.00 0.00

0.00 1,902,735.25
16,544.84

0.00 0.00
4,189.56

0.00 0.00

0.00 0.00
1,058.74
6,250.00
3,119.18

0.00 0.00
19,664.02
LT
City of Escondido
91282CBJ9

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 934,885.89

0.00 0.00

0.00 943,489.01
8,603.11

0.00 0.00
1,243.09

0.00 0.00

0.00 0.00
3,128.45

0.00 1,885.36

0.00 0.00
10,488.47
LT
City of Escondido
91282CDF5

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 2,791,826.66

0.00 0.00

0.00 2,810,958.30
19,131.64

0.00 0.00
17,320.44

0.00 0.00

0.00 0.00
6,949.73
20,625.00
10,254.29

0.00 0.00
29,385.92
LT
City of Escondido
91282CEN7

UNITED STATES TREASURY

0.00 USD
US GOV
LT
DC
N
Y

0.00 1,964,711.76

0.00 0.00

0.00 -1,967,250.17

0.00 0.00
2,538.41

0.00 0.00
23,093.92

0.00 0.00

0.00 -27,500.00

0.00 0.00
4,406.08

0.00 0.00
6,944.48
LT
City of Escondido
91282CES6

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 2,869,429.31

0.00 0.00

0.00 2,879,094.86
9,665.55

0.00 0.00
27,651.10

0.00 0.00

0.00 0.00
6,987.70
41,250.00
20,586.61

0.00 0.00
30,252.16
LT
City of Escondido
91282CEV9

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,940,148.46

0.00 0.00

0.00 1,944,472.60
4,324.14

0.00 0.00
16,339.78

0.00 0.00

0.00 0.00
176.63
32,500.00
16,336.85

0.00 0.00
20,660.99
LT
City of Escondido
91282CEV9

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 2,911,660.98

0.00 0.00

0.00 2,918,044.95
6,383.97

0.00 0.00
24,509.67

0.00 0.00

0.00 0.00
264.95
48,750.00
24,505.28

0.00 0.00
30,889.25
LT
City of Escondido
91282CEW7

UNITED STATES TREASURY

0.00 USD
US GOV
LT
DC
N
Y

0.00 2,965,015.02

0.00 0.00

0.00 -2,971,807.68

0.00 0.00
6,792.66

0.00 0.00
24,509.67

0.00 0.00

0.00 -48,750.00

0.00 0.00
24,240.33

0.00 0.00
31,032.99
LT
City of Escondido
91282CFB2

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 979,702.42

0.00 0.00

0.00 983,435.03
3,732.60

0.00 0.00
4,558.01

0.00 0.00

0.00 0.00
11,470.99

0.00 6,912.98

0.00 0.00
10,645.59
LT
City of Escondido
91282CFB2

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 982,394.00

0.00 0.00

0.00 985,635.47
3,241.47

0.00 0.00
4,558.01

0.00 0.00

0.00 0.00
11,470.99

0.00 6,912.98

0.00 0.00
10,154.46
LT
City of Escondido
91282CFB2

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 2,973,848.71

0.00 0.00

0.00 2,978,702.97
4,854.26

0.00 0.00
13,674.03

0.00 0.00

0.00 0.00
34,412.98

0.00 20,738.95

0.00 0.00
25,593.21
LT
City of Escondido
91282CFB2

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,979,292.70

0.00 0.00

0.00 1,983,141.19
3,848.49

0.00 0.00
9,116.02

0.00 0.00

0.00 0.00
22,941.99

0.00 13,825.97

0.00 0.00
17,674.46
GAAP GL Income Detail City of Escondido (299155)
04/01/2026 - 06/30/2026 Return to Table of Contents Dated: 07/30/2026 36 Attachment "4"
68 Item5.

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 983,131.35

0.00 0.00

0.00 986,066.70
2,935.34

0.00 0.00
2,717.39

0.00 0.00

0.00 0.00
10,444.97

0.00 7,727.58

0.00 0.00
10,662.92
LT
City of Escondido
91282CFJ5

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,929,779.74

0.00 0.00

0.00 1,934,626.12
4,846.38

0.00 0.00
5,434.78

0.00 0.00

0.00 0.00
20,889.95

0.00 15,455.16

0.00 0.00
20,301.54
LT
City of Escondido
91282CFL0

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 0.00
1,992,820.00

0.00 0.00

0.00 0.00
1,993,103.93
283.93

0.00 0.00

0.00 9,316.94

0.00 0.00

0.00 19,480.87

0.00 10,163.93

0.00 0.00
10,447.86
LT
City of Escondido
91282CFU0

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,997,103.56

0.00 0.00

0.00 1,997,547.71
444.15

0.00 0.00
34,640.88

0.00 0.00

0.00 0.00
13,899.46
41,250.00
20,508.57

0.00 0.00
20,952.72
LT
City of Escondido
91282CFU0

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 998,710.56

0.00 0.00

0.00 998,908.30
197.74

0.00 0.00
17,320.44

0.00 0.00

0.00 0.00
6,949.73
20,625.00
10,254.29

0.00 0.00
10,452.02
LT
City of Escondido
91282CGB1

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 2,947,141.39

0.00 0.00

0.00 2,950,390.07
3,248.67

0.00 0.00
29,223.07

0.00 0.00

0.00 0.00
315.90
58,125.00
29,217.83

0.00 0.00
32,466.50
LT
City of Escondido
91282CGC9

UNITED STATES TREASURY
4,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 3,980,991.05

0.00 0.00

0.00 3,983,628.48
2,637.42

0.00 0.00
38,964.09

0.00 0.00

0.00 0.00
421.20
77,500.00
38,957.11

0.00 0.00
41,594.53
LT
City of Escondido
91282CGJ4

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,967,655.68

0.00 0.00

0.00 1,969,679.45
2,023.78

0.00 0.00
11,602.21

0.00 0.00

0.00 0.00
29,198.90

0.00 17,596.69

0.00 0.00
19,620.46
LT
City of Escondido
91282CGP0

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 991,381.90

0.00 0.00

0.00 992,457.58
1,075.68

0.00 0.00
3,478.26

0.00 0.00

0.00 0.00
13,369.57

0.00 9,891.30

0.00 0.00
10,966.98
LT
City of Escondido
91282CGP0

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,997,810.08

0.00 0.00

0.00 1,998,084.30
274.22

0.00 0.00
6,956.52

0.00 0.00

0.00 0.00
26,739.13

0.00 19,782.61

0.00 0.00
20,056.83
LT
City of Escondido
91282CGT2

UNITED STATES TREASURY
5,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 4,952,087.17

0.00 0.00

0.00 4,957,845.95
5,758.79

0.00 0.00
495.22

0.00 0.00

0.00 0.00
45,560.11

0.00 45,064.89

0.00 0.00
50,823.68
LT
City of Escondido
91282CHA2

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 986,980.80

0.00 0.00

0.00 988,481.99
1,501.19

0.00 0.00
14,696.13

0.00 0.00

0.00 0.00
5,896.74
17,500.00
8,700.61

0.00 0.00
10,201.80
LT
City of Escondido
91282CHA2

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,967,331.43

0.00 0.00

0.00 1,971,092.82
3,761.40

0.00 0.00
29,392.27

0.00 0.00

0.00 0.00
11,793.48
35,000.00
17,401.21

0.00 0.00
21,162.61
LT
City of Escondido
91282CHE4

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,978,486.77

0.00 0.00

0.00 1,980,873.74
2,386.97

0.00 0.00
24,299.45

0.00 0.00

0.00 0.00
6,140.71
36,250.00
18,091.26

0.00 0.00
20,478.23
LT
City of Escondido
91282CHJ3

UNITED STATES TREASURY
5,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 4,951,383.54

0.00 0.00

0.00 4,954,025.47
2,641.93

0.00 0.00
47,133.98

0.00 0.00

0.00 0.00
509.51
93,750.00
47,125.53

0.00 0.00
49,767.47
LT
City of Escondido
91282CHK0

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,981,162.50

0.00 0.00

0.00 1,983,167.24
2,004.74

0.00 0.00
20,110.50

0.00 0.00

0.00 0.00
217.39
40,000.00
20,106.89

0.00 0.00
22,111.63
LT
City of Escondido
91282CHK0

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 2,996,163.49

0.00 0.00

0.00 2,996,573.51
410.03

0.00 0.00
30,165.75

0.00 0.00

0.00 0.00
326.09
60,000.00
30,160.34

0.00 0.00
30,570.37
LT
City of Escondido
91282CHQ7

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 2,962,277.42

0.00 0.00

0.00 2,966,140.74
3,863.32

0.00 0.00
20,511.05

0.00 0.00

0.00 0.00
51,619.48

0.00 31,108.43

0.00 0.00
34,971.75
LT
City of Escondido
91282CJA0

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 2,998,131.04

0.00 0.00

0.00 2,998,308.65
177.61

0.00 0.00
379.10

0.00 0.00

0.00 0.00
34,877.05

0.00 34,497.95

0.00 0.00
34,675.56
LT
City of Escondido
91282CJR3

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 2,959,955.94

0.00 0.00

0.00 2,963,411.33
3,455.38

0.00 0.00
28,280.39

0.00 0.00

0.00 0.00
305.71
56,250.00
28,275.32

0.00 0.00
31,730.70
LT
City of Escondido
91282CJR3

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,970,974.51

0.00 0.00

0.00 1,973,477.55
2,503.04

0.00 0.00
18,853.59

0.00 0.00

0.00 0.00
203.80
37,500.00
18,850.21

0.00 0.00
21,353.25
GAAP GL Income Detail City of Escondido (299155)
04/01/2026 - 06/30/2026 Return to Table of Contents Dated: 07/30/2026 37 Attachment "4"
69 Item5.

ST
General Ledger Grouping,
Account,
Identifier
Description,
Factorized Units,
Currency
Security Type,
BS Class,
State
State Tax,
Fed Tax,
Net Transfers
Beginning Book Value
less Due,
Acquired Book Value
less Due,
Transferred In Book
Value less Due
Disposed Book Value,
Transferred Out Book
Value less Due,
Impairment Loss
Ending Book Value
less Due,
Net Amortization/
Accretion,
Miscellaneous Income
Miscellaneous
Expense,
Beginning Due &
Accrued,
Acquired Due &
Accrued
Transferred In
Due & Accrued,
Disposed Due &
Accrued,
Transferred Out
Due & Accrued
Ending Due &
Accrued,
Interest/Dividend
Received,
Interest/Dividend
Income
Net Realized Gain/
Loss,
Net Gain/Loss,
Net Income
LT
City of Escondido
91282CKG5

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 986,143.58

0.00 0.00

0.00 987,228.28
1,084.70

0.00 0.00
112.70

0.00 0.00

0.00 0.00
10,368.85

0.00 10,256.15

0.00 0.00
11,340.84
LT
City of Escondido
91282CNN7

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 3,023,235.02

0.00 0.00

0.00 3,021,987.00
-1,248.02

0.00 0.00
19,267.96

0.00 0.00

0.00 0.00
48,491.02

0.00 29,223.07

0.00 0.00
27,975.04
LT
City of Escondido
91282CNX5

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 997,376.29

0.00 0.00

0.00 997,514.89
138.61

0.00 0.00
3,152.17

0.00 0.00

0.00 0.00
12,116.17

0.00 8,963.99

0.00 0.00
9,102.60
LT
City of Escondido
91282CNY3

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 2,986,366.98

0.00 0.00

0.00 2,987,691.80
1,324.81

0.00 0.00
4,677.31

0.00 0.00

0.00 0.00
29,714.67

0.00 25,037.36

0.00 0.00
26,362.18
LT
City of Escondido
91282CPA3

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 0.00
1,965,940.00

0.00 0.00

0.00 0.00
1,966,901.11
961.11

0.00 0.00

0.00 8,715.85

0.00 0.00

0.00 18,224.04

0.00 9,508.19

0.00 0.00
10,469.30
LT
City of Escondido
91282CPW5

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 3,009,290.23

0.00 0.00

0.00 3,008,895.49
-394.74

0.00 0.00
18,646.41

0.00 0.00

0.00 0.00
46,926.80

0.00 28,280.39

0.00 0.00
27,885.64
LT
City of Escondido
91324PDK5

UNITEDHEALTH GROUP INC
2,000,000.00
USD
CORP
LT
MN
Y
Y

0.00 1,983,272.42

0.00 0.00

0.00 1,985,084.14
1,811.72

0.00 0.00
22,672.22

0.00 0.00

0.00 0.00
3,422.22
38,500.00
19,250.00

0.00 0.00
21,061.72
LT
City of Escondido
91324PEG3

UNITEDHEALTH GROUP INC

0.00 USD
CORP
LT
MN
Y
Y

0.00 199,973.75

0.00 0.00

0.00 -199,976.53

0.00 0.00

2.78 0.00

0.00 2,795.56

0.00 0.00

0.00 -3,700.00

0.00 0.00
904.44

0.00 0.00
907.22
LT
City of Escondido
91324PEG3

UNITEDHEALTH GROUP INC

0.00 USD
CORP
LT
MN
Y
Y

0.00 440,827.02

0.00 0.00

0.00 -440,733.42

0.00 0.00
-93.60

0.00 0.00
6,150.22

0.00 0.00

0.00 -8,140.00

0.00 0.00
1,989.78

0.00 0.00
1,896.18
LT
City of Escondido
94106LBX6

WASTE MANAGEMENT INC
2,335,000.00
USD
CORP
LT
TX
Y
Y

0.00 2,334,490.46

0.00 0.00

0.00 2,334,589.41

98.95 0.00

0.00 28,253.50

0.00 0.00

0.00 0.00
57,149.13

0.00 28,895.63

0.00 0.00
28,994.57
LT
City of Escondido
---
---
155,335,000.00
USD
---
LT
---
---
Y

0.00 155,708,815.79
9,863,640.00

0.00 0.00
-13,053,073.68

0.00 152,810,974.81
291,592.70

0.00 0.00
1,233,194.21
115,693.90

0.00 0.00
-155,365.00
1,071,045.63
1,480,146.11
1,357,668.64

0.00 0.00
1,649,261.33
General Ledger Grouping,
Account,
Identifier
Description,
Factorized Units,
Currency
Security Type,
BS Class,
State
State Tax,
Fed Tax,
Net Transfers
Beginning Book Value
less Due,
Acquired Book Value
less Due,
Transferred In Book
Value less Due
Disposed Book Value,
Transferred Out Book
Value less Due,
Impairment Loss
Ending Book Value
less Due,
Net Amortization/
Accretion,
Miscellaneous Income
Miscellaneous
Expense,
Beginning Due &
Accrued,
Acquired Due &
Accrued
Transferred In
Due & Accrued,
Disposed Due &
Accrued,
Transferred Out
Due & Accrued
Ending Due &
Accrued,
Interest/Dividend
Received,
Interest/Dividend
Income
Net Realized Gain/
Loss,
Net Gain/Loss,
Net Income
ST
City of Escondido
023135BR6
AMAZON.COM INC
500,000.00
USD
CORP
ST
WA
Y
Y

0.00 0.00

0.00 482,510.41

0.00 0.00

0.00 483,832.46
1,322.05

0.00 0.00

0.00 0.00
3,000.00

0.00 0.00
466.67
3,000.00
466.67

0.00 0.00
1,788.72
ST
City of Escondido
02665WDZ1

AMERICAN HONDA FINANCE CORP
1,000,000.00
USD
CORP
ST
CA
Y
Y

0.00 998,640.99

0.00 0.00

0.00 999,409.13
768.14

0.00 0.00
794.44

0.00 0.00

0.00 0.00
4,044.44

0.00 3,250.00

0.00 0.00
4,018.14
ST
City of Escondido
037833BZ2

APPLE INC
1,000,000.00
USD
CORP
ST
CA
Y
Y

0.00 993,939.19

0.00 0.00

0.00 998,351.46
4,412.27

0.00 0.00
3,879.17

0.00 0.00

0.00 0.00
10,004.17

0.00 6,125.00

0.00 0.00
10,537.27
ST
City of Escondido
04636NAA1

ASTRAZENECA FINANCE LLC

0.00 USD
CORP
ST
DE
Y
Y

0.00 700,011.83

0.00 0.00
-700,000.00

0.00 0.00

0.00 -11.83

0.00 0.00
2,870.00

0.00 0.00

0.00 4,200.00
1,330.00

0.00 0.00
1,318.17
ST
City of Escondido
12189LBA8

BURLINGTON NORTHERN SANTA FE LLC
2,000,000.00
USD
CORP
ST
TX
Y
Y

0.00 0.00

0.00 1,982,698.07

0.00 0.00

0.00 1,983,446.69
748.62

0.00 0.00

0.00 0.00
32,500.00

0.00 0.00
2,888.89
32,500.00
2,888.89

0.00 0.00
3,637.51
ST
City of Escondido
14913R2U0

CATERPILLAR FINANCIAL SERVICES
CORP
800,000.00
USD
CORP
ST
TN
Y
Y

0.00 799,137.86

0.00 0.00

0.00 799,417.39
279.53

0.00 0.00
3,135.56

0.00 0.00

0.00 0.00
6,535.56

0.00 3,400.00

0.00 0.00
3,679.53
ST
City of Escondido
191216CU2

COCA-COLA CO
1,500,000.00
USD
CORP
ST
GA
Y
Y

0.00 0.00

0.00 1,453,722.08

0.00 0.00

0.00 1,457,471.83
3,749.75

0.00 0.00

0.00 0.00
10,875.00

0.00 0.00
1,812.50
10,875.00
1,812.50

0.00 0.00
5,562.25
GAAP GL Income Detail City of Escondido (299155)
04/01/2026 - 06/30/2026 Return to Table of Contents Dated: 07/30/2026 38 Attachment "4"
70 Item5.

JOHN DEERE CAPITAL CORP
800,000.00
USD
CORP
ST
WI
Y
Y

0.00 799,272.21

0.00 0.00

0.00 799,505.70
233.49

0.00 0.00
3,022.22

0.00 0.00

0.00 0.00
6,422.22

0.00 3,400.00

0.00 0.00
3,633.49
ST
City of Escondido
438516CE4

HONEYWELL INTERNATIONAL INC
700,000.00
USD
CORP
ST
NC
Y
Y

0.00 693,760.94

0.00 0.00

0.00 695,436.12
1,675.18

0.00 0.00
641.67

0.00 0.00

0.00 0.00
2,566.67

0.00 1,925.00

0.00 0.00
3,600.18
ST
City of Escondido
459200KM2

INTERNATIONAL BUSINESS MACHINES
CORP
1,000,000.00
USD
CORP
ST
NY
Y
Y

0.00 997,759.09

0.00 0.00

0.00 998,410.12
651.03

0.00 0.00
3,177.78

0.00 0.00

0.00 0.00
8,677.78

0.00 5,500.00

0.00 0.00
6,151.03
ST
City of Escondido
544647FC9

LOS ANGELES CALIF UNI SCH DIST
310,000.00
USD
MUNI
ST
CA
N
Y

0.00 310,000.00

0.00 0.00

0.00 310,000.00

0.00 0.00

0.00 1,127.63

0.00 0.00

0.00 0.00
2,255.25

0.00 1,127.63

0.00 0.00
1,127.63
ST
City of Escondido
665859AW4

NORTHERN TRUST CORP
670,000.00
USD
CORP
ST
IL
Y
Y

0.00 0.00

0.00 671,314.41

0.00 0.00

0.00 671,111.44
-202.96

0.00 0.00

0.00 0.00
13,400.00

0.00 0.00
3,796.67
13,400.00
3,796.67

0.00 0.00
3,593.70
ST
City of Escondido
87612EBM7

TARGET CORP
180,000.00
USD
CORP
ST
MN
Y
Y

0.00 179,949.81

0.00 0.00

0.00 179,965.68

15.87 0.00

0.00 741.00

0.00 0.00

0.00 0.00
1,618.50

0.00 877.50

0.00 0.00
893.37
ST
City of Escondido
87612EBM7

TARGET CORP
650,000.00
USD
CORP
ST
MN
Y
Y

0.00 650,216.46

0.00 0.00

0.00 650,138.70
-77.76

0.00 0.00
2,675.83

0.00 0.00

0.00 0.00
5,844.58

0.00 3,168.75

0.00 0.00
3,090.99
ST
City of Escondido
912797SA6

UNITED STATES TREASURY
2,000,000.00
USD
T-BILL
ST
DC
N
Y

0.00 1,965,529.45

0.00 0.00

0.00 1,982,670.55
17,141.09

0.00 0.00

0.00 0.00
17,141.09
ST
City of Escondido
9128282A7

UNITED STATES TREASURY
1,900,000.00
USD
US GOV
ST
DC
N
Y

0.00 1,889,327.29

0.00 0.00

0.00 1,896,468.59
7,141.29

0.00 0.00
3,542.82

0.00 0.00

0.00 0.00
10,707.18

0.00 7,164.36

0.00 0.00
14,305.66
ST
City of Escondido
912828V98

UNITED STATES TREASURY
1,160,000.00
USD
US GOV
ST
DC
N
Y

0.00 1,153,122.99

0.00 0.00

0.00 1,155,080.71
1,957.72

0.00 0.00
3,244.48

0.00 0.00

0.00 0.00
9,805.52

0.00 6,561.05

0.00 0.00
8,518.77
ST
City of Escondido
912828Y95

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
ST
DC
N
Y

0.00 1,988,067.52

0.00 0.00

0.00 1,997,041.53
8,974.01

0.00 0.00
6,215.47

0.00 0.00

0.00 0.00
15,642.27

0.00 9,426.80

0.00 0.00
18,400.81
ST
City of Escondido
912828ZV5

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
ST
DC
N
Y

0.00 0.00

0.00 2,883,060.91

0.00 0.00

0.00 2,883,375.12
314.21

0.00 0.00

0.00 0.00
7,500.00

0.00 0.00

40.76 7,500.00

40.76 0.00

0.00 354.97
ST
City of Escondido
91282CCF6

UNITED STATES TREASURY

0.00 USD
US GOV
ST
DC
N
Y

0.00 1,679,876.91

0.00 0.00
-1,680,000.00

0.00 0.00

0.00 123.09

0.00 0.00
4,223.08

0.00 0.00

0.00 6,300.00
2,076.92

0.00 0.00
2,200.01
ST
City of Escondido
91282CCF6

UNITED STATES TREASURY

0.00 USD
US GOV
ST
DC
N
Y

0.00 2,395,270.74

0.00 0.00
-2,400,000.00

0.00 0.00

0.00 4,729.26

0.00 0.00
6,032.97

0.00 0.00

0.00 9,000.00
2,967.03

0.00 0.00
7,696.29
ST
City of Escondido
91282CCJ8

UNITED STATES TREASURY

0.00 USD
US GOV
ST
DC
N
Y

0.00 358,442.51

0.00 0.00
-360,000.00

0.00 0.00

0.00 1,557.49

0.00 0.00
791.85

0.00 0.00

0.00 1,575.00
783.15

0.00 0.00
2,340.64
ST
City of Escondido
91282CCJ8

UNITED STATES TREASURY

0.00 USD
US GOV
ST
DC
N
Y

0.00 2,051,068.35

0.00 0.00
-2,050,000.00

0.00 0.00

0.00 -1,068.35

0.00 0.00
4,509.15

0.00 0.00

0.00 8,968.75
4,459.60

0.00 0.00
3,391.25
ST
City of Escondido
91282CDG3

UNITED STATES TREASURY
5,000,000.00
USD
US GOV
ST
DC
N
Y

0.00 4,998,132.78

0.00 0.00

0.00 4,998,931.24
798.46

0.00 0.00
23,618.78

0.00 0.00

0.00 0.00
9,476.90
28,125.00
13,983.12

0.00 0.00
14,781.58
ST
City of Escondido
91282CDG3

UNITED STATES TREASURY
400,000.00
USD
US GOV
ST
DC
N
Y

0.00 398,189.19

0.00 0.00

0.00 398,963.02
773.83

0.00 0.00
1,889.50

0.00 0.00

0.00 0.00
758.15
2,250.00
1,118.65

0.00 0.00
1,892.48
ST
City of Escondido
91282CDG3

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
ST
DC
N
Y

0.00 985,659.37

0.00 0.00

0.00 991,778.13
6,118.76

0.00 0.00
4,723.76

0.00 0.00

0.00 0.00
1,895.38
5,625.00
2,796.62

0.00 0.00
8,915.39
ST
City of Escondido
91282CDG3

UNITED STATES TREASURY
500,000.00
USD
US GOV
ST
DC
N
Y

0.00 499,723.45

0.00 0.00

0.00 499,841.71
118.25

0.00 0.00
2,361.88

0.00 0.00

0.00 0.00
947.69
2,812.50
1,398.31

0.00 0.00
1,516.56
ST
City of Escondido
91282CDG3

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
ST
DC
N
Y

0.00 1,972,370.19

0.00 0.00

0.00 1,984,180.07
11,809.88

0.00 0.00
9,447.51

0.00 0.00

0.00 0.00
3,790.76
11,250.00
5,593.25

0.00 0.00
17,403.13
GAAP GL Income Detail City of Escondido (299155)
04/01/2026 - 06/30/2026 Return to Table of Contents Dated: 07/30/2026 39 Attachment "4"
71 Item5.

Summary

* Grouped by: General Ledger Grouping. * Groups Sorted by: General Ledger Grouping.

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
ST
DC
N
Y

0.00 0.00

0.00 1,967,250.17

0.00 0.00

0.00 1,972,707.20
5,457.03

0.00 0.00

0.00 0.00
27,500.00

0.00 0.00
9,266.30
27,500.00
9,266.30

0.00 0.00
14,723.33
ST
City of Escondido
91282CEW7

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
ST
DC
N
Y

0.00 0.00

0.00 2,971,807.68

0.00 0.00

0.00 2,971,883.49

75.81 0.00

0.00 0.00

0.00 48,750.00

0.00 0.00
264.95
48,750.00
264.95

0.00 0.00
340.76
ST
City of Escondido
91282CHH7

UNITED STATES TREASURY

0.00 USD
US GOV
ST
DC
N
Y

0.00 998,861.82

0.00 0.00
-1,000,000.00

0.00 0.00

0.00 1,138.18

0.00 0.00
12,125.69

0.00 0.00

0.00 20,625.00
8,499.31

0.00 0.00
9,637.49
ST
City of Escondido
91282CHU8

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
ST
DC
N
Y

0.00 2,001,537.94

0.00 0.00

0.00 2,000,508.88
-1,029.06

0.00 0.00
10,877.07

0.00 0.00

0.00 0.00
32,872.93

0.00 21,995.86

0.00 0.00
20,966.80
ST
City of Escondido
91282CLS8

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
ST
DC
N
Y

0.00 2,998,191.46

0.00 0.00

0.00 2,998,963.49
772.03

0.00 0.00
51,961.33

0.00 0.00

0.00 0.00
20,849.18
61,875.00
30,762.86

0.00 0.00
31,534.89
ST
City of Escondido
91324PEG3

UNITEDHEALTH GROUP INC
200,000.00
USD
CORP
ST
MN
Y
Y

0.00 0.00

0.00 199,976.53

0.00 0.00

0.00 199,979.50

2.97 0.00

0.00 0.00

0.00 3,700.00

0.00 0.00
945.56
3,700.00
945.56

0.00 0.00
948.53
ST
City of Escondido
91324PEG3

UNITEDHEALTH GROUP INC
440,000.00
USD
CORP
ST
MN
Y
Y

0.00 0.00

0.00 440,733.42

0.00 0.00

0.00 440,630.98
-102.44

0.00 0.00

0.00 0.00
8,140.00

0.00 0.00
2,080.22
8,140.00
2,080.22

0.00 0.00
1,977.78
ST
City of Escondido
---
---
40,710,000.00
USD
---
ST
---
---
Y

0.00 35,456,060.34

0.00 13,053,073.68
-8,190,000.00

0.00 0.00
40,399,500.93
80,366.91

0.00 0.00
167,630.62

0.00 155,365.00

0.00 0.00
176,277.65
317,971.25
171,253.28

0.00 0.00
251,620.19
General Ledger Grouping,
Account,
Identifier
Description,
Factorized Units,
Currency
Security Type,
BS Class,
State
State Tax,
Fed Tax,
Net Transfers
Beginning Book Value
less Due,
Acquired Book Value
less Due,
Transferred In Book
Value less Due
Disposed Book Value,
Transferred Out Book
Value less Due,
Impairment Loss
Ending Book Value
less Due,
Net Amortization/
Accretion,
Miscellaneous Income
Miscellaneous
Expense,
Beginning Due &
Accrued,
Acquired Due &
Accrued
Transferred In
Due & Accrued,
Disposed Due &
Accrued,
Transferred Out
Due & Accrued
Ending Due &
Accrued,
Interest/Dividend
Received,
Interest/Dividend
Income
Net Realized Gain/
Loss,
Net Gain/Loss,
Net Income
---
City of Escondido
---
---
210,090,385.02
USD
---
---
---
---
Y
10,000,000.00
195,146,151.83
29,907,083.23
13,053,073.68
-18,169,333.90
-13,053,073.68

0.00 207,255,860.76
371,959.61

0.00 0.00
1,400,824.83
115,693.90
155,365.00

0.00 -155,365.00
1,247,323.28
1,853,443.23
1,584,247.78

0.00 0.00
1,956,207.39
GAAP GL Income Detail City of Escondido (299155)
04/01/2026 - 06/30/2026 Return to Table of Contents Dated: 07/30/2026 40 Attachment "4"
72 Item5.
* Does not Lock Down.

Account Identifier Description Current Units Currency Transaction Type Entry Date Settle Date Final Maturity
Price Principal Commission Amount
City of Escondido 00724PAF6 ADOBE INC 0.00 USD Coupon 04/04/2026 04/04/2026 04/04/2029 --- 0.00 0.00 24,000.00 City of Escondido 023135BR6 AMAZON.COM INC 0.00 USD Coupon 06/03/2026 06/03/2026 06/03/2027 --- 0.00 0.00 3,000.00 City of Escondido 023135BS4 AMAZON.COM INC 0.00 USD Coupon 06/03/2026 06/03/2026 06/03/2030 --- 0.00 0.00 15,000.00 City of Escondido 023135CP9 AMAZON.COM INC 0.00 USD Coupon 06/01/2026 06/01/2026 12/01/2027 --- 0.00 0.00 22,750.00 City of Escondido 04636NAA1 ASTRAZENECA FINANCE LLC 0.00 USD Coupon 05/28/2026 05/28/2026 05/28/2026 --- 0.00 0.00 4,200.00 City of Escondido 04636NAA1 ASTRAZENECA FINANCE LLC -700,000.00 USD Maturity 05/28/2026 05/28/2026 05/28/2026 100.000 -700,000.00 0.00 700,000.00 City of Escondido 06406RBG1 BANK OF NEW YORK MELLON
CORP

0.00 USD Coupon 06/13/2026 06/13/2026 06/13/2028 --- 0.00 0.00 39,920.00 City of Escondido 12189LBA8 BURLINGTON NORTHERN SANTA
FE LLC

0.00 USD Coupon 06/15/2026 06/15/2026 06/15/2027 --- 0.00 0.00 32,500.00 City of Escondido 14913UAU4 CATERPILLAR FINANCIAL

SERVICES CORP

0.00 USD Coupon 05/15/2026 05/15/2026 11/15/2029 --- 0.00 0.00 23,500.00 City of Escondido 166756BJ4 CHEVRON USA INC 0.00 USD Coupon 04/15/2026 04/15/2026 10/15/2030 --- 0.00 0.00 57,811.11 City of Escondido 166764BY5 CHEVRON CORP 0.00 USD Coupon 05/11/2026 05/11/2026 05/11/2030 --- 0.00 0.00 22,360.00 City of Escondido 191216CU2 COCA-COLA CO 0.00 USD Coupon 06/01/2026 06/01/2026 06/01/2027 --- 0.00 0.00 10,875.00 City of Escondido 22160KAP0 COSTCO WHOLESALE CORP 0.00 USD Coupon 04/20/2026 04/20/2026 04/20/2030 --- 0.00 0.00 16,000.00 City of Escondido 30303MAB8 META PLATFORMS INC 0.00 USD Coupon 05/15/2026 05/15/2026 11/15/2030 --- 0.00 0.00 22,400.00 City of Escondido 3135G05Y5 FEDERAL NATIONAL MORTGAGE

ASSOCIATION

0.00 USD Coupon 04/08/2026 04/08/2026 10/08/2027 --- 0.00 0.00 3,750.00 City of Escondido 437076BY7 HOME DEPOT INC 0.00 USD Coupon 06/15/2026 06/15/2026 06/15/2029 --- 0.00 0.00 14,750.00 City of Escondido 437076DC3 HOME DEPOT INC 0.00 USD Coupon 06/25/2026 06/25/2026 06/25/2029 --- 0.00 0.00 95,000.00 City of Escondido 46647PDA1 JPMORGAN CHASE & CO 0.00 USD Coupon 04/26/2026 04/26/2026 04/26/2028 --- 0.00 0.00 64,845.00 City of Escondido 46647PDX1 JPMORGAN CHASE & CO 0.00 USD Coupon 04/23/2026 04/23/2026 10/23/2029 --- 0.00 0.00 30,435.00 City of Escondido 57636QAM6 MASTERCARD INC 0.00 USD Coupon 06/01/2026 06/01/2026 06/01/2029 --- 0.00 0.00 73,750.00 City of Escondido 665859AW4 NORTHERN TRUST CORP 0.00 USD Coupon 05/10/2026 05/10/2026 05/10/2027 --- 0.00 0.00 13,400.00 City of Escondido 70450YAE3 PAYPAL HOLDINGS INC 0.00 USD Coupon 04/01/2026 04/01/2026 10/01/2029 --- 0.00 0.00 14,250.00 City of Escondido 808513BS3 CHARLES SCHWAB CORP 2,000,000.00 USD Buy 05/13/2026 05/14/2026 05/13/2031 89.844 1,796,880.00 0.00 -1,797,007.78 City of Escondido 91159HJM3 US BANCORP 4,000,000.00 USD Buy 05/13/2026 05/14/2026 06/12/2029 102.700 4,108,000.00 0.00 -4,205,533.33 City of Escondido 91159HJM3 US BANCORP 0.00 USD Coupon 06/12/2026 06/12/2026 06/12/2029 --- 0.00 0.00 115,500.00 City of Escondido 9128285M8 UNITED STATES TREASURY 0.00 USD Coupon 05/15/2026 05/15/2026 11/15/2028 --- 0.00 0.00 62,500.00 City of Escondido 912828ZV5 UNITED STATES TREASURY 0.00 USD Coupon 06/30/2026 06/30/2026 06/30/2027 --- 0.00 0.00 7,500.00 City of Escondido 91282CAY7 UNITED STATES TREASURY 0.00 USD Coupon 05/31/2026 05/31/2026 11/30/2027 --- 0.00 0.00 6,250.00 City of Escondido 91282CCF6 UNITED STATES TREASURY 0.00 USD Coupon 05/31/2026 05/31/2026 05/31/2026 --- 0.00 0.00 15,300.00 City of Escondido 91282CCF6 UNITED STATES TREASURY -4,080,000.00 USD Maturity 05/31/2026 05/31/2026 05/31/2026 100.000 -4,080,000.00 0.00 4,080,000.00 City of Escondido 91282CCJ8 UNITED STATES TREASURY -2,410,000.00 USD Maturity 06/30/2026 06/30/2026 06/30/2026 100.000 -2,410,000.00 0.00 2,410,000.00 City of Escondido 91282CCJ8 UNITED STATES TREASURY 0.00 USD Coupon 06/30/2026 06/30/2026 06/30/2026 --- 0.00 0.00 10,543.75 City of Escondido 91282CDF5 UNITED STATES TREASURY 0.00 USD Coupon 04/30/2026 04/30/2026 10/31/2028 --- 0.00 0.00 20,625.00 City of Escondido 91282CDG3 UNITED STATES TREASURY 0.00 USD Coupon 04/30/2026 04/30/2026 10/31/2026 --- 0.00 0.00 50,062.50 City of Escondido 91282CEN7 UNITED STATES TREASURY 0.00 USD Coupon 04/30/2026 04/30/2026 04/30/2027 --- 0.00 0.00 27,500.00 City of Escondido 91282CES6 UNITED STATES TREASURY 0.00 USD Coupon 05/31/2026 05/31/2026 05/31/2029 --- 0.00 0.00 41,250.00 City of Escondido 91282CEV9 UNITED STATES TREASURY 0.00 USD Coupon 06/30/2026 06/30/2026 06/30/2029 --- 0.00 0.00 81,250.00 City of Escondido 91282CEW7 UNITED STATES TREASURY 0.00 USD Coupon 06/30/2026 06/30/2026 06/30/2027 --- 0.00 0.00 48,750.00 City of Escondido 91282CFL0 UNITED STATES TREASURY 2,000,000.00 USD Buy 05/13/2026 05/14/2026 09/30/2029 99.641 1,992,820.00 0.00 -2,002,136.94 City of Escondido 91282CFU0 UNITED STATES TREASURY 0.00 USD Coupon 04/30/2026 04/30/2026 10/31/2027 --- 0.00 0.00 61,875.00 City of Escondido 91282CGB1 UNITED STATES TREASURY 0.00 USD Coupon 06/30/2026 06/30/2026 12/31/2029 --- 0.00 0.00 58,125.00 City of Escondido 91282CGC9 UNITED STATES TREASURY 0.00 USD Coupon 06/30/2026 06/30/2026 12/31/2027 --- 0.00 0.00 77,500.00 City of Escondido 91282CHA2 UNITED STATES TREASURY 0.00 USD Coupon 04/30/2026 04/30/2026 04/30/2028 --- 0.00 0.00 52,500.00 City of Escondido 91282CHE4 UNITED STATES TREASURY 0.00 USD Coupon 05/31/2026 05/31/2026 05/31/2028 --- 0.00 0.00 36,250.00 City of Escondido 91282CHH7 UNITED STATES TREASURY 0.00 USD Coupon 06/15/2026 06/15/2026 06/15/2026 --- 0.00 0.00 20,625.00 City of Escondido 91282CHH7 UNITED STATES TREASURY -1,000,000.00 USD Maturity 06/15/2026 06/15/2026 06/15/2026 100.000 -1,000,000.00 0.00 1,000,000.00 City of Escondido 91282CHJ3 UNITED STATES TREASURY 0.00 USD Coupon 06/30/2026 06/30/2026 06/30/2030 --- 0.00 0.00 93,750.00 City of Escondido 91282CHK0 UNITED STATES TREASURY 0.00 USD Coupon 06/30/2026 06/30/2026 06/30/2028 --- 0.00 0.00 100,000.00 City of Escondido 91282CJR3 UNITED STATES TREASURY 0.00 USD Coupon 06/30/2026 06/30/2026 12/31/2028 --- 0.00 0.00 93,750.00 GAAP Transaction Detail City of Escondido (299155)
04/01/2026 - 06/30/2026 Return to Table of Contents Dated: 07/30/2026 41 Attachment "4"
73 Item5.

* Showing transactions with Entry Date within selected date range. * Weighted by: Absolute Value of Principal. * MMF transactions are collapsed. * The Transaction Detail/Trading Activity reports provide our most up-to-date transactional details. As such, these reports are subject to change even after the other reports on the website have been locked down. While these reports can be useful tools in understanding recent activity, due to their dynamic nature we do not recommend using them for booking journal entries or reconciliation.

Account Identifier Description Current Units Currency Transaction Type Entry Date Settle Date Final Maturity
Price Principal Commission Amount
City of Escondido 91282CLS8 UNITED STATES TREASURY 0.00 USD Coupon 04/30/2026 04/30/2026 10/31/2026 --- 0.00 0.00 61,875.00 City of Escondido 91282CPA3 UNITED STATES TREASURY 2,000,000.00 USD Buy 05/13/2026 05/14/2026 09/30/2030 98.297 1,965,940.00 0.00 -1,974,655.85 City of Escondido 91324PDK5 UNITEDHEALTH GROUP INC 0.00 USD Coupon 06/15/2026 06/15/2026 06/15/2028 --- 0.00 0.00 38,500.00 City of Escondido 91324PEG3 UNITEDHEALTH GROUP INC 0.00 USD Coupon 05/15/2026 05/15/2026 05/15/2027 --- 0.00 0.00 11,840.00 City of Escondido CCYUSD US DOLLAR 0.00 USD Cash Transfer 04/30/2026 04/30/2026 06/30/2026 --- 0.00 0.00 10,000,000.00 City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102
20,043,443.23 USD Buy --- --- 06/30/2026 1.000 20,043,443.23 0.00 -20,043,443.23 City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102
-9,979,333.90 USD Sell 05/14/2026 05/14/2026 06/30/2026 1.000 -9,979,333.90 0.00 9,979,333.90 City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102

0.00 USD Money Market Funds 04/02/2026 04/02/2026 06/30/2026 --- 0.00 0.00 19,027.39 City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102

0.00 USD Money Market Funds 05/04/2026 05/04/2026 06/30/2026 --- 0.00 0.00 11,889.30 City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102

0.00 USD Money Market Funds 06/02/2026 06/02/2026 06/30/2026 --- 0.00 0.00 24,409.18 City of Escondido --- --- 11,874,109.33 USD --- --- --- 03/25/2027 --- 11,737,749.33 0.00 0.00 GAAP Transaction Detail City of Escondido (299155)
04/01/2026 - 06/30/2026 Return to Table of Contents Dated: 07/30/2026 42 Attachment "4"
74 Item5.

Limits.

Resolutions.

Notes.

Timestamp,
Username
Account Policy Name Category Name Rule Name Previous Value, New Value
Timestamp,
Username
Account,
Policy Name
Category Name,
Rule Name
Identifier,
Description
Previous Start Date,
New Start Date
Previous End Date,
New End Date
Timestamp,
Username
Account,
Policy Name
Category Name,
Rule Name
Identifier,
Description
Previous Note,
New Note
Audit City of Escondido (299155)
04/01/2026 - 06/30/2026 Return to Table of Contents Dated: 07/30/2026 43 Attachment "4"
75 Item5.

STAFF REPORT

August 26, 2026
File Number 0910-20; 0430-80

SUBJECT

CALIFORNIA CENTER FOR THE ARTS , ESCONDIDO, KITCHEN SEWER REPLACEMENT PROJECT FIRST

AMENDMENT AND BUDGET ADJUSTMENT

DEPARTMENT

Public Works / Building Maintenance

RECOMMENDATION

Request the City Council adopt Resolution No. 202 6-132 authorizing the Mayor to execute a First Amendment to the Public Services Agreement with Southwest Construction Services, Inc. in the amount of $291,685 and authorize a budget adjustment in the amount of $160,467 of Measure I funds.

Staff Recommendation: Approval (Public Works: Joseph Goulart, Director of Public Works)

Presenter: Ed Vasquez, Project Manager

ESSENTIAL SERVICE - Yes, Public Works/Infrastructure

COUNCIL PRIORITY - Increase Retention and Attraction of People and Businesses to Escondido

FISCAL ANALYSIS

There is no cost from the general fund. The funds for the California Center for the Arts, Escondido Kitchen Sewer Replacement Project (“Project”) in the amount of $350,000 was allocated from Measure I in FY 2026, partial funding in the amount of $63 ,230 for the Project is covered from an already allocated Measure I Citywide flooring Project, and an additional amount of $97,237 is being requested in Measure I funding to complete the Project. The total budget adjustment amount of $160,467.

PREVIOUS ACTION

None

BACKGROUND
Beginning in January 2025, Public Works staff responded to a series of emergency calls for sewer backups in the California Center for the Arts, Escondido (“CCAE”), Conference Room kitchen. Staff cleared the line 76 Item6.

and restored service on each occasion but the backups recurred at increasing frequency, indicating a failure in the line itself rather than a routine obstruction.

In June 2025, staff performed a video inspection of the sanitary and grease waste underground piping. The inspection confirmed the line ha d deteriorated beyond the point of spot repair and required full replacement. Because continued use of the kitchen risked a sanitary sewer overflow, the CCAE Conference Room kitchen was taken out of service until repairs could be made.

In June 2026, staff solicited estimates from multiple qualified contractors and awarded the work at a contract amount of $179,332. Construction began the same month.

During demolition, crews encountered field conditions that were not reflected in available record drawings. Removal of the slab exposed foundation elements and previously undocumented underground electrical conduit in direct conflict with the sewer alignment, requiring the work to be re -sequenced and hand excavated in place of mechanical methods. As the excavati on advanced, staff re -evaluated the remaining run and determined that the deterioration extended further than the video inspection could reach, and that additional piping would need to be replaced beneath the existing walk-in freezers.

The extra work includes removal of additional concrete, including additional concrete in the freezer area; replacement of flooring (tile) ; replacement of ceiling tiles ; replacement of wall covering - fiberglass reinforced plastic (“FRP”) wall panels; extra soils export; and complete kitchen and equipment sanitizing, including HVAC system sanitizing.

Staff requests that City Council adopt Resolution No. 2026 -132 authorizing the Mayor to execute a First Amendment to the Public Services Agreement with Southwest Construction Se rvices, Inc. for the CCAE Kitchen Sewer Replacement Project in the amount of $291,685 and authorize a budget adjustment in the amount of $160,467 of Measure I funds.

RESOLUTIONS
a. Resolution No. 2026-132
b. Resolution No. 2026-132—Exhibit “A”—First Amendment to Public Services Agreement

ATTACHMENTS
a. Attachment “1” –Budget Adjustment
b. Attachment “2” – CCAE Sewer Replacement Project Change Order form c. Attachment “3” – Public Services Agreement

77 Item6.

BUDGET ADJUSTMENT

REQUEST
Department: Public Works
For Finance Use Only
BA # ____________
Fiscal Year ________
Department Contact: Ed Vasquez
City Council Meeting Date:
(attach staff report) August 12, 2026

EXPLANATION OF REQUEST
Request the City Council adopt Resolution No. 2026 -132 authorizing the Mayor to execute a change order for the CCAE Kitchen Sewer Replacement Project and authorize a budget adjustment in the amount of $160,467 of Measure I funds

BUDGET ADJUSTMENT INFORMATION
Project/Account Description Account Number
Amount of
Increase
Amount of
Decrease
CCAE Conference Center Kitchen
Plumbing Measure I Fund 160,467
Flooring Upgrades and Cleaning Measure I Fund 63,230
Available Fund Balance Measure I Fund 97,237

APPROVALS

DEPARTMENT HEAD DATE FINANCE DATE
Docusign Envelope ID: C6561FE5-F979-88D7-809C-68B1E4305E26 7/30/2026
7/30/2026
Attachment "1"
78 Item6.

Ed Vasquez Project Start Date: Jun-26
CCAE Kitchen Sewer Replacment Aug-26
Project #: Budgeted Amount: 350,000$ Project #: Budgeted Amount:

Project #: Budgeted Amount: Project #: Budgeted Amount:

Total Project Budget : 350,000$

AMOUNT SPENT REMAINING
179,332$
39,450$
218,782$
5,229$
18,690$
78,540 $
58,744$
4,725$
15,908$
1,097$
4,530$
14,147$
7,113$
3,040$
5,129$
11,988$
27,805$
35,000$
-$
-$
-$ 291,685$
510,467$
Last Updated: 8/3/2026
CHANGE ORDER COSTS 291,685$
TOTAL PROJECT COSTS 510,467$
SWCS CO. No. 1 Item - 15 Unknown underground items 35,000$ SWCS CO No. 1 Item - 12 Extra soils export 5,129$
SWCS CO No. 1 Item - 13 Extension of work to Freezer 11,988$ SWCS CO No. 1 Item - 14 Extended GC's through September 27,805$ SWCS CO No. 1 Item - 9 Sand Backfill 14,147$
SWCS CO No. 1 Item - 10 Sewer Camera, Snake, Vent Work 7,113$ SWCS CO No. 1 Item - 11 T&M Extra Demo for pathway 3,040$ SWCS CO No. 1 Item - 6 Equipment sanatizing 15,908$
SWCS CO No. 1 Item - 7 T&M Core Drill - Stairs_Foundation 1,097$ SWCS CO No. 1 Item - 8 Pan's for Kettle Drains 4,530$
SWCS CO No. 1 Item - 3 Flooring ($63,230 Measure_I Flooring PO Rollover) 78,540$
SWCS CO No. 1 Item - 4 FRP replacment 58,744$
SWCA CO No. 1 Item - 5 Ceiling Tile Replacement 4,725$
Total Approved PO's
SWCS CO No. 1 Item - 1 Additional Demo of Tile 5,229$
SWCS CO No. 1 Item - 2 Additional Concrete work 18,690$ Approved Contract FSE - PO # 00000575 39,450$

CITY OF ESCONDIDO

PROJECT COST TRACKING SHEET
Project Manager:

Project Name: Estimated Completion Date:

Project Description:

Complete sewer line replacment and seperation of sanitary sewery and grease trap. Demo Concrete, replace FRP, ceiling tiles, flooring sanitize all equipment

PROJECT COSTS

DESCRIPTION ESTIMATED AMOUNT
Approved Contract SWCS - PO # 00000524 179,332$
Attachment "2"
79 Item6.

Public Services Agreement (v1) - 1 - CAO: 04/23/2024

CITY OF ESCONDIDO

PUBLIC SERVICES AGREEMENT
Thi s Public Services Agreement (“Agreement”) is made and entered into as of the last signature date set forth below (“Effective Date”),
B
etween: CITY OF ESCONDIDO
a California municipal corporation
201 N. Broadway
Escondido, CA 92025
Attn: Eduardo Vasquez
760-546-3944
("CITY")
A
nd: SWCS, Inc.
a California corporation
dba South West Construction Services
11653 Riverside Dr. Ste. 153
Lakeside , CA 92040
Attn: Dan Smith
619-258-9944
("CONTRACTOR").
(The CITY and CONTRACTOR each may be referred to herein as a “Party” and collectively as the “Parties.”)
WHEREAS, the Parties desire to enter into this Agreement for the performance of the Services described herein.

NOW, THEREFORE, in consideration of the mutual covenants, promises, terms, and conditions set forth herein, and the mutual benefits derived therefrom, the Parties hereby agree as follows:

1. Description of Services. CONTRACTOR shall furnish all of the Services described in the Scope of Work, which is attached to this Agreement as Attachment “ A” and incorporated herein by thi s reference (“Services”) Services included but are not limited to all equipment labor and materials to replace existing cast iron sewer system with ABS ( Acrylonitrile Butadiene Styrene) piping, sawcut existing concrete approximately 560 Linear feet, excavate and remove existing cast iron pipes, ensure separation of sanitary sewer and kitchen grease trap system. Dump and recycle materials as required, install approximately 300’ of new (ABS) sewer, install 13 new clean outs, install 11 new floor sinks, backfill and compact trench, install dowels epoxied for concrete placement at trenches, replace approximately 1200 square feet of new concrete, install approximately 300SF on concrete walk way at steps. See attached diagram for sewer replacement.

2. Compensation. I
n exchange for CONTRACTOR’s completion of the Services, the CITY shall pay, Doc ID: 2cf91392966f3b3fbec8a91cffa83df5c0ce146f
Attachment "3"
80 Item6.

Public Services Agreement (v1) - 2 - CAO: 04/23/2024
and CONTRACTOR shall accept in full, an amount not to exceed the sum of $179,332.

CONTRACTOR shall be compensated only for performance of the Services described in this Agreement. No compensation shall be provided for any other work or services without the CITY’s prior written consent.

3. P
erformance . CONTRACTOR shall faithfully perform the Services in a proficient manner, to the satisfaction of the CITY, and in accord with the terms of this Agreement. CONTRACTOR shall be responsible for the professional quality, technical accuracy, timely completion, and coordination of all reports and other information furnished by CONTRACTOR pursuant to this Agreement, except that CONTRACTOR shall not be responsible for the accuracy of information supplied by the CITY.

4. Ter mination . The Parties may mutually terminate this Agreement through a writing signed by both Parties. The CITY may terminate this Agreement for any reason upon providing CONTRACTOR with 10 days’ advance written notice. CONTRACTOR agrees to cease all work under this Agreement on or before the effective date of any notice of termination. If the CITY terminates this Agreement due to no fault or failure of performance by CONTRACTOR, then CONTRACTOR shall be compensated based on the work satisfactorily performed at the time of such termination. In no event shall CONTRACTOR be entitled to receive more than the amount that would be paid to CONTRACTOR for the full performance of the Services.

5. City Property. A ll original documents, drawings, electronic media, and other materials prepared by CONTRACTOR pursuant to th is Agreement immediately become the exclusive property of the CITY, and shall not be used by CONTRACTOR for any other purpose without the CITY’s p rior written consent.

6. Insurance Requirements.
a. CONTRACTOR shall procure and maintain, at its own cost, during the entire term of this Agreement, insurance against claims for injuries to persons or damages to property that may arise from or in connection with the performance of the Services, and the results of such work, by CONTRACTOR, its agents, representatives, employees, or subcontractors. Insurance coverage shall be at least as broad as the following:
(1) Commercial General Liability. Insurance Services Office (“ISO”) Form CG 00 01 covering Commercial General Liability on an “occurrence” basis, including products and completed operations, property damage, bodily injury, and personal & advertising injury, with limits no less than $2,000,000 per occurrence and $4,000,000 general aggregate. (2) Automobile Liability. ISO Form CA 00 01 covering any auto (Code 1), or if CONTRACTOR has no owned autos, hired (Code 8) and non -owned autos (Code 9), with limit s no less than $1,000,000 per accident for bodily injury and property damage, unless waived by the CITY and approved in writing by the CITY’s Risk and Safety Division. (3) Workers’ Compensation. Worker's Compensation as required by the State of California, with Statutory Limits, and Employer’s Liability Insurance with limit s of no less than $1,000,000 per accident for bodily injury or disease.
(4) If CONTRACTOR maintains broader coverage and/or higher limits than the minimums otherwise required by this Agreement, the CITY requires and shall be entit led to the broader coverage and/or the higher limits maintained by CONTRACTOR. b. Each insurance policy required by this Agreement must be acceptable to the City Attorney and shall meet the following requirements:
(1) Acceptability of Insurers. Insurance coverage must be provided by an insurer authorized to conduct business in the state of California with a current A.M. Best ’s rating of no less than A-: FSC VII, or as approved by the CITY.

Doc ID: 2cf91392966f3b3fbec8a91cffa83df5c0ce146f
Attachment "3"
81 Item6.

Public Services Agreement (v1) - 3 - CAO: 04/23/2024
(2) Additional Insured Status . Both the Commercial General Liability and the Automobile Liability policies must name the CITY (including its officials, officers, agents, employees, and volunteers) specifically as an additional insured under the policy on a separate endorsement page. The Commercial General Liability additional insured endorsement shall be at least as broad as ISO Form CG 20 10 11 85, or if not available, through the addition of both CG 20 10, CG 20 26, CG 20 33, or CG 20 38, and CG 20 37 if a later edition is used. The Automobile Liability endorsement shall be at least as broad as ISO Form CA 20 01.
(3) Primary Coverage. CONTRACTOR’s insurance coverage shall be primary coverage at least as broad as ISO CG 20 01 04 13 with respect to the CITY, its officials, officers, agents, employees, and volunteers. Any insurance or self -insurance maintained by the CITY, its officials, officers, agents, employees, or volunteers shall be in excess of CONTRACTOR’s insurance and shall not contribute with it. (4) Notice of Cancellation. Each insurance policy shall provide that coverage shall not be canceled, except with prior written notice to the CITY. (5) Subcontractors. If applicable, CONTRACTOR shall require and verify that all subcontractors maintain insurance meeting all the requirements stated in this Agreement, and CONTRACTOR shall ensure that the CITY (including its officials, officers, agents, employees, and volunteers) is an additional insured on any insurance required from a subcontractor.
(6) Waiver of Subrogation. CONTRACTOR hereby grants to the CITY a waiver of any right to subrogation that any insurer of CONTRACTOR may acquire against the CITY by virtue of the payment of any loss under such insurance. CONTRACTOR agrees to obtain any endorsement that may be necessary to affect this waiver of subrogation, but this subsection shall apply regardless of whether or not the CITY has received a waiver of subrogation endorsement from the insurer. Any Workers’ Compensation policy required by this Agreement shall be endorsed with a waiver of subrogation in favor of the CITY for all work performed by the CONTRACTOR, its agents, representatives, employees and subcontractors.
(7) Self-Insurance. CONTRACTOR may, with the CITY’s prior written consent, fulfill some or all of the insurance requirements contained in this Agreement under a plan of self - insurance. CONTRACTOR shall only be permitted to utilize such self -insurance if, in the opinion of the CITY, CONTRACTOR’s (i) net worth and (ii) reserves for payment of claims of liability against CONTRACTOR are sufficient to adequately compensate for the lack of other insurance coverage required by this Agreement. CONTRACTOR’s utilization of self- insurance shall not in any way limit the liabilities assumed by CONTRACTOR pursuant to this Agreement.
(8) Self-Insured Retentions. Self-insured retentions must be declared to and approved by the CITY.
c. Verification of Coverage. At the time CONTRACTOR executes this Agreement, CONTRACTOR shall provide the CITY with original Certificates of Insurance including all required amendatory endorsements (or copies of the applicable policy language effecting the insurance coverage required by this Agreement), which shall meet all requirements under this Agreement. The CITY reserves the right to require complete, certified copies of all required insurance policies, including endorsements required by this Agreement, at any time. d. Special Risks or Circumstances. The CITY reserves the right , at any point during the term of this Agreement, to modify the insurance requirements in this Agreement, including limits, based on the nature of the risk, prior experience, insurer, coverage, or other special circumstances. e. No Limitation of Obligations. The insurance requirements in this Agreement, including the types and limits of insurance coverage CONTRACTOR must maintain, and any approval of such insurance by the CITY, are not intended to and shall not in any manner limit or qualify the Doc ID: 2cf91392966f3b3fbec8a91cffa83df5c0ce146f
Attachment "3"
82 Item6.

Public Services Agreement (v1) - 4 - CAO: 04/23/2024
liabilities and obligations otherwise assumed by CONTRACTOR pursuant to this Agreement, including but not limited to any provisions in this Agreement concerning indemnification. f. Failure to comply with any of the insurance requirements in this Agreement, including but not limited to a lapse in any required insurance coverage during the term of this Agreement, shal l be a material breach of this Agreement. In the event that CONTRACTOR fails to comply with any such insurance requirements in this Agreement, in addition to any other remedies the CITY may have, the CITY may, at its sole option, (i) immediately terminate this Agreement; or (ii) order CONTRACTOR to stop work under this Agreement and/or withhold any payment that becomes due to CONTRACTOR until CONTRACTOR demonstrates compliance with the insurance requirements in this Agreement.

7. I
ndemnification, Duty to Defend, and Hold Harmless.
a. CONTRACTOR (including CONTRACTOR’s agents, employees, and subcontractors, if any) shall indemnify, defend, and hold harmless the CITY, its officials, officers, agents, employees, and volunteers from and against any and all claims, demands, actions, causes of action, proceedings (including but not limited to legal and administrative proceedings of any kind), suits, fines, penalties, judgments, orders, levies, costs, expenses, liabilities, losses, damages, or injuries, in law or equity, including without limitation the payment of all consequential damages and attorney’s fees and other related litigation costs and expenses (collectively, “Claims”), of every nature caused by, arising out of, or in connection with CONTRACTOR’s performance of the Services or its failure to comply with any of its obligations contained in this Agreement, except where caused by the active negligence, sole negligence, or willful misconduct of the CITY.
b. CONTRACTOR (including CONTRACTOR’s agents, employees, and subcontractors, if any) shall defend, indemnify, and hold harmless the CITY, its officials, officers, agents, employees, and volunteers from and against any and all Claims caused by, arising under, or resulting from any violation, or claim of violation, of the San Diego Municipal Storm Water Permit (Order No.

R9-2013-0001, as amended) of the California Regional Water Quality Control Board, Region 9, San Diego, that the CITY might suffer, incur, or become subject to by reason of, or occurring as a result of, or allegedly caused by, any work performed pursuant to this Agreement. c. All terms and provisions within this Section 7 shall survive the termination of this Agreement.

8. An
ti -Assignment Clause. Because the CITY has relied on the particular skills of CONTRACTOR in entering into this Agreement, CONTRACTOR shall not assign, delegate, subcontract, or otherwise transfer any duty or right under this Agreement, including as to any portion of the Services, without the CITY’s prior written consent. Any purported assignment, delegation, subcontract, or other transfer made without the CITY’s consent shall be void and ineffective. Unless CONTRACTOR assigns this entire Agreement, including all rights and duties herein, to a third party with the CITY’s prior written consent, CONTRACTOR shall be the sole payee under this Agreement. Any and all payments made pursuant to the terms of this Agreement are otherwise not assignable.

9. Attorney's Fees and C
osts. In any action to enforce the terms and conditions of this Ag reement, the prevailing Party shall be entitled to reasonable attorney’s fees and costs.

10. Independent Contractor . CONTRACTOR is an independent contractor , and no agency or employment relationship is created by the execution of this Agreement.

11. Amendment. This Agreement shall not be amended except in a writing signed by the CITY and CONTRACTOR.

12. Merger Clause. Thi s Agreement, together with its attachments or other documents described or incorporated herein, if any, constitutes the entire agreement and understanding of the CITY and Doc ID: 2cf91392966f3b3fbec8a91cffa83df5c0ce146f
Attachment "3"
83 Item6.

Public Services Agreement (v1) - 5 - CAO: 04/23/2024
CONTRACTOR concerning the subject of this Agreement and supersedes and replaces all prior negotiations, understandings, or proposed agreements, written or oral, except as otherwise provided herein. In the event of any conflict between the provisions of this Agreement and any of its attachments or related documents, if any, the provisions of this Agreement shall prevail.

13. An ti -Waiver Clause. None of the provisions of this Agreement shall be waived by the CITY because of previous failure to insist upon strict performance, nor shall any provision be waived because any other provision has been waived by the CITY, in whole or in part.

14. Severability. This Agreement shall be performed and shall be enforceable to the full extent allowed by applicable law, and the illegality, invalidity, waiver, or unenforceability of any provision of this Agreement shall not affect the legality, validity, applicability, or enforceability of the remaining provisions of this Agreement.

15. Governing Law. Thi
s Agreement and all rights and obligations arising out of it shall be construed in accordance with the laws of the State of California. Venue for any action arising from this Agreement shall be conducted only in the state or federal courts of San Diego County, California.

16. Counterparts. This Agreement may be executed on separate counterparts, each of which shall be an original and all of which taken together shall constitute one and the same instrument. Delivery of an executed signature page of this Agreement by electronic means, including an attachment to an email, shall be effective as delivery of an executed original. The Agreement on file with the City is the copy of the Agreement that shall take precedence if any differences exist between or among copies or counterparts of the Agreement.

17. Provisions Cumulative.

The foregoing provisions are cumulative to, in addition to , and not in limitation of any other rights or remedies available to the CITY.

18. Notice. Any statements, communications , or notices to be provided pursuant to this Agreement shall be sent to the attention of the persons indicated herein, and the CITY and CONTRACTOR shall promptly provide the other Party with notice of any changes to such contact information.

19. Business License. CONTRACTOR shall obtain a City of Escondido Business License prior to execution of this Agreement and shall maintain such Business License throughout the term of this Agreement.

20. Compliance with Law s, Permits, and Licenses. CONTRACTOR shall keep itself informed of and comply with all applicable federal, state, and local laws, statutes, codes, ordinances , regulations, rules, and other legal requirements in effect during the term of this Agreement . CONTRACTOR shall obtain any and all permits, licenses, and other authoriza tions necessary to perform the Services. Neither the CITY, nor any elected or appointed boards, officers, officials, employees, or agents of the CITY, shall be liable, at law or in equity, as a result of any failure of CONTRACTOR to comply with this section.

21. Prevailing Wages . I f applicable, pursuant to California Labor Code section 1770 et seq. , CONTRACTOR agrees that a prevailing rate and scale of wages, in accordance with applicable laws, shall be paid in performing this Agreement. CONTRACTOR shall keep itself informed of and comply with all applicable federal, state, and local laws, statutes , codes, ordinances, regulations, rules, and other legal requirements pertaining to the payment of prevailing wages. The prevailing rate and scale to be paid shall be the same as the applicable “General Prevailing Wage Determination” approved by the Department of Industrial Relations as of the Effective Date of this Agreement, which are available online at http://www.dir.ca.gov/oprl/dprewagedetermination.htm and incorporated into this Agreement by this reference . Neither the CITY, nor any elected or appointed boards, officers, officials, employees, or agents of the CITY, shall be liable, at law or in equity, as a result of any failure of CONTRACTOR to comply with this section.

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84 Item6.

Public Services Agreement (v1) - 6 - CAO: 04/23/2024

22. Department of Industrial Relations Compliance. This public project is subject to compliance monitoring and enforcement by the Department of Industrial Relations. CONTRACTOR shall post all job site notices required by regulation. CONTRACTOR, as well as any subcontractors, shall be registered pursuant to California Labor Code section 1725.5 to be qualified to bid on, be listed in a bid proposal (subject to the requirements of Public Contract Code section 4104), or engage in the performance of any public works contract subject to the requirements of Division 2, Part 7, Chapter 1 of the California Labor Code. Neither the CITY, nor any elected or appointed boards, officers, officials, employees, or agents of the CITY, shall be liable, at law or in equity, as a result of any failure of CONTRACTOR to comply with this section.

23. Immigration Reform and Control Act of 1986.

CONTRACTOR shall keep itself informed of and
shall comply with the Immigration Reform and Control Act of 1986 (“IRCA”). CONTRACTOR represents and warrants that all of its employees and the employees of any subcontractor retained by CONTRACTOR who perform any of the Services under this Agreement, are and will be authorized to perform the Services in full compliance with the IRCA. CONTRACTOR affirms that as a licensed contractor and employer in the State of California, all new employees must produce proof of eligibility to work in the United States within the first three days of employment and that only employees legally eligible to work in the United States will perform the Services. CONTRACTOR agrees to comply with the IRCA before commencing any Services, and continuously throughout the performance of the Services and the term of this Agreement.

24. Effective Date.

Unless a different date is provided in this Agreement, the effective date of this Agreement shall be the latest date of execution set forth by the names of the signatories below. (SIGNATURE PAGE FOLLOWS)

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85 Item6.

Public Services Agreement (v1) - 7 - CAO: 04/23/2024

IN WITNESS WHEREOF, th is Agreement is executed by the P arties or their duly authorized representatives as of the Effective Date:

CITY OF ESCONDIDO

Date: __________________ ___________________________________ Sean McGlynn, City Manager

SWCS, Inc.
dba Southwest Construction Services Inc.

Date: __________________ ___________________________________ Gerald Samuel Smith, President & Secretary

A
PPROVED AS TO FORM:

OFFICE OF THE CITY ATTORNEY
MICHAEL R. MCGUINNESS, CITY ATTORNEY

BY: __________________________

DATE: __________________

THE CITY OF ESCONDIDO DOES NOT DISCRIMINATE AGAINST QUALIFIED PERSONS WITH DISABILITIES.

05 / 04 / 2026
05 / 04 / 2026
05 / 04 / 2026
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86 Item6.

Public Services Agreement (v1) - 8 - CAO: 04/23/2024
ATTACHMENT “A”
Scope of Work

A. G eneral

SWCS, Inc., a California corporation (“Contractor”) will provide the City of Escondido, a California municipal corporation (“City”) with separating plumbing lines for sanitary sewer from kitchen grease trap waste line.

B. Locat ion

Contractor will provide services at the City’s facility located at 340 N. Escondido Blvd., Escondido, CA 92025.

C. S ervices

Contractor is responsible for separating plumbing lines for sanitary sewer from kitchen grease t
rap waste line, see Exhibit 1 to this Scope of Work, which is attached hereto and incorporated herein by this reference, for further detail. In the event of a conflict between this Agreement and Exhibit 1, the terms of this Agreement shall prevail.

D. S cheduling

Contractor to schedule specific dates of work in advance by contacting Eduardo Vasquez at 760-546-3944 or [email protected] .

Work shall be performed in -between the
hours of 8 a.m. and 3:30 p.m., Monday through Friday.

E. C ontract Price and Payment Terms

The contract price shall not exceed $179,332. The contract price includes all labor, materials, equipment, and transportation required to perform the work. Services will be billed as services are performed. Payment will be made after services have been performed and within 30 days of receipt of an invoice for those services.

F. T
erm

The term of this Agreement shall be for one year, commencing on the Effective Date of the Agreement.

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87 Item6.

Public Services Agreement (v1) - 9 - CAO: 04/23/2024

Exhibit 1

Doc ID: 2cf91392966f3b3fbec8a91cffa83df5c0ce146f
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88 Item6.

Public Services Agreement (v1) - 10 - CAO: 04/23/2024

Doc ID: 2cf91392966f3b3fbec8a91cffa83df5c0ce146f
Attachment "3"
89 Item6.

Doc ID: 2cf91392966f3b3fbec8a91cffa83df5c0ce146f
Attachment "3"
90 Item6.

Doc ID: 2cf91392966f3b3fbec8a91cffa83df5c0ce146f
Attachment "3"
91 Item6.

Doc ID: 2cf91392966f3b3fbec8a91cffa83df5c0ce146f
Attachment "3"
92 Item6.

TO BE POSTED IN A CONSPICUOUS PLACE AND
NO
T TRANSFERABLE OR ASSIGNABLEBusiness Name
Business Location
Business Owner(s)
Certificate #
Effective Date
Description
Expiration Date

CITY OF ESCONDIDO

BUSINESS LICENSE TAX CERTIFICATE
11653 Riverside Dr Ste 153
Lakeside, Ca 92040-2371

GENERAL CONTRACTOR

SWCS INC SOUTHWEST CONSTRUCTION SERVICES
11653 RIVERSIDE DR STE 153
LAKESIDE, CA 92040-2371
For all inquiries regarding this license, contact HdL
Business License Division at (760) 270-9397.
"For Services Provided in the City of Escondido, California Only"

STEPHANIE SMITH

GERALD SMITH
Business Type

SWCS INC SOUTHWEST CONSTRUCTION SERVICES

CONTRACTOR - GENERAL
A
pril 01, 2026
March 31, 2027
SWCS INC SOUTHWEST CONSTRUCTION SERVICES:

T
hank you for your payment on your City of Escondido Business License. ALL CERTIFICATES MUST BE AVAILABLE FOR INSPECTION UPON REQUEST. If you have questions concerning your business license, contact the Business Support Center via email at: [email protected] or by telephone at: (760) 270-9397.

Keep this portion for your license separate in case you need a replacement for any lost, stolen, or destroyed license. A fee may be charged for a replacement or duplicate license.

This certificate does not entitle the holder to conduct business before complying with all requirements of the Escondido Municipal code and other applicable laws, nor to conduct business in a zone where conducting such business violates law.

If you have a fixed place of business within the city limits of Escondido, please display the Business License tax certificate below in a conspicuous place at the premises. Otherwise, every Business License Tax certificate holder not having a fixed place of business in the City shall keep the Business License Tax certificate upon his or her person, or affixed in plain view upon any cart, vehicle, van or other movable structure or device at all times if required by the Collector.

City of Escondido

BUSINESS LICENSE T

AX CERTIFICATE

BUSINESS LICENSING
8839 N
CEDAR AVE #212
FRESNO, CA 93720-1832
Date of Issue: 0 4/01/2026
26510371License Number: SWCS INC SOUTHWEST CONSTRUCTION S

ERVICES
11653 RIVERSIDE DR STE 153
LAKESIDE, CA 92040-2371

THIS BUSINESS LICENSE TAX CERTIFICATE DOES NOT
P
ERMIT A BUSINESS THAT IS OTHERWISE PROHIBITED.

SIC Code 1542001
236220NAICS Code
214448
Doc ID: 2cf91392966f3b3fbec8a91cffa83df5c0ce146f
Attachment "3"
93 Item6.

Draft Review
Insurance Review Summary Form (IRF)
CAO: 6/1/2021
R&S Rev. 12/11/25

INSURANCE REVIEW SUMMARY FORM
Applicable to Public Services Agreements and Consulting Agreements Agreement Type: □ Public Servic
es Agreement (“PSA”)
□ Subrecipient Agreement
□ Recreati
on Instructor Agreement
□ Amendment □ First □ Second □ Third
□ Consulting Agreement (“CSA”)
□ Public Improvement Agreement ("PIA")
□ Other:

Date of Original Agreement:

Recommendations:

Date:

Risk and Safety Division
Contractor/Consultant:

Project Description:

Staff Contact:

Department:

Insurance Inquiry or Request:
□ Other:

SWCS, Inc. dba Southwest Construction Services
Separating plumbing lines for sanitary sewer from kitchen grease trap waste line at 340 N. Escondido Blvd., Escondido, CA 92025 (CCAE).

Jackie Sainz
Public Works / Engineering
Use of Umbrella/Excess Policy to meet insurance limit requirements.

Approve
4/23/26
Doc ID: 2cf91392966f3b3fbec8a91cffa83df5c0ce146f
Attachment "3"
94 Item6.

ANY PROPRIETOR/PARTNER/EXECUTIVE
OFFICER/MEMBER EXCLUDED?

INSR ADDL SUBR

LTR INSD WVD

PRODUCER CONTACT
NAME:

FAXPHONE
(A/C, No):(A/C, No, Ext):

E-MAIL
ADDRESS:

INSURER A :

INSURED INSURER B :

INSURER C :

INSURER D :

INSURER E :

INSURER F :

POLICY NUMBER POLICY EFF POLICY EXPTYPE OF INSURANCE LIMITS(MM/DD/YYYY) (MM/DD/YYYY)

AUTOMOBILE LIABILITY

UMBRELLA LIAB

EXCESS LIAB

WORKERS COMPENSATION

AND EMPLOYERS' LIABILITY
DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space is required)

AUTHORIZED REPRESENTATIVE
EACH OCCURRENCE $
DAMAGE TO RENTEDCLAIMS-MADE OCCUR $PREMISES (Ea occurrence) MED EXP (Any one person) $
PERSONAL & ADV INJURY $
GEN'L AGGREGATE LIMIT APPLIES PER: GENERAL AGGREGATE $

PRO-POLICY LOC PRODUCTS - COMP/OP AGGJECT
OTHER: $

COMBINED SINGLE LIMIT
$(Ea accident)
ANY AUTO BODILY INJURY (Per person) $

OWNED SCHEDULED
BODILY INJURY (Per accident) $AUTOS ONLY AUTOS

HIRED NON-OWNED PROPERTY DAMAGE
$AUTOS ONLY AUTOS ONLY (Per accident)
$

OCCUR EACH OCCURRENCE
CLAIMS-MADE AGGREGATE $
DED RETENTION $

PER OTH-

STATUTE ER
E.L. EACH ACCIDENT
E.L. DISEASE - EA EMPLOYEE $
If yes, describe under
E.L. DISEASE - POLICY LIMITDESCRIPTION OF OPERATIONS below INSURER(S) AFFORDING COVERAGE NAIC #

COMMERCIAL GENERAL LIABILITY
Y / N
N / A
(Mandatory in NH)

SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE

THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS.

THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS

CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS.

THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS

CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER.

IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed.

If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s).

COVERAGES CERTIFICATE NUMBER: REVISION NUMBER:

CERTIFICATE OF LIABILITY INSURANCE

DATE (MM/DD/YYYY)
$
$
$
$
$
The ACORD name and logo are registered marks of ACORD
4/21/2026
License # 0C36861
(951) 225-2578
20338
SWCS, Inc DBA: Southwest Construction Services
11653 Riverside Drive, Ste.153
Lakeside, CA 92040
27847
A 1,000,000
X CPGLP-00000692 6/30/2025 6/30/2026 100,000
5,000
1,000,000
2,000,000
2,000,000
EBL AGGREGATE 1,000,000
1,000,000A
CPBAP-00000693 6/30/2025 6/30/2026
5,000,000A
CPLXP-00000694 6/30/2025 6/30/2026 5,000,000
10,000
B
X WSD506639803 6/30/2025 6/30/2026 1,000,000
1,000,000
1,000,000
City Of Escondido including its officials, officers, agents, employees and Volunteers are included as additional insured in regard to General Liability. Waiver of Subrogation applies for Workers Compensation.

City Of Escondido
201 North Broadway
Escondido, CA 92025
SWCSINC-01 VRAO
San Diego-Alliant Insurance Services, Inc.
701 B St 6th Fl
San Diego, CA 92101
Robin Hamilton
[email protected]
Palomar Specialty Insurance Company
Insurance Company of the West
X
X
X
X
X
X
X
X
Doc ID: 2cf91392966f3b3fbec8a91cffa83df5c0ce146f
Attachment "3"
95 Item6.

POLICY NUMBER: CPGLP-00000692 COMMERCIAL GENERAL LIABILITY CG 20 10 12 19
THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

ADDITIONAL INSURED – OWNERS, LESSEES OR
CONTRACTORS – SCHEDULED PERSON OR

ORGANIZATION
This endorsement modifies insurance provided under the following:

COMMERCIAL GENERAL LIABILITY COVERAGE PART

SCHEDULE
Name Of Additional Insured Person(s)
Or Organization(s) Location(s) Of Covered Operations
any person or organization for whom you are
performing operations when you and such person
or organization have agreed in writing in a
contract or agreement that such person or
organization be added as an additional insured on
your policy
Information required to complete this Schedule, if not shown above, will be shown in the Declarations.

1. Your acts or omissions; or

2. The acts or omissions of those acting on your
behalf;
in the performance of your ongoing operations for
the additional insured(s) at the location(s)
designated above.

However:

1. The insurance afforded to such additional
insured only applies to the extent permitted by
law; and

2. If coverage provided to the additional insured is
required by a contract or agreement, the
insurance afforded to such additional insured
will not be broader than that which you are
required by the contract or agreement to
provide for such additional insured.

B. With respect to the insurance afforded to these
additional insureds, the following additional
exclusions apply:

This insurance does not apply to "bodily injury" or
"property damage" occurring after:

1. All work, including materials, parts or
equipment furnished in connection with such
work, on the project (other than service,
maintenance or repairs) to be performed by or
on behalf of the additional insured(s) at the
location of the covered operations has been
completed; or

2. That portion of "your work" out of which the
injury or damage arises has been put to its
intended use by any person or organization
other than another contractor or subcontractor
engaged in performing operations for a
principal as a part of the same project.

CG 20 10 12 19 © Insurance Services Office, Inc., 2018 Page 1 of 2 Doc ID: 2cf91392966f3b3fbec8a91cffa83df5c0ce146f
Attachment "3"
96 Item6.

C. With respect to the insurance afforded to these
additional insureds, the following is added to
Section III – Limits Of Insurance:

If coverage provided to the additional insured is
required by a contract or agreement, the most we
will pay on behalf of the additional insured is the
amount of insurance:

1. Required by the contract or agreement; or

2. Available under the applicable limits of
insurance;
whichever is less.

This endorsement shall not increase the
applicable limits of insurance.

Page 2 of 2 ends

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Attachment "3"
97 Item6.

POLICY NUMBER: CPGLP-00000692 COMMERCIAL GENERAL LIABILITY CG 20 37 12 19
THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

ADDITIONAL INSURED – OWNERS, LESSEES OR
CONTRACTORS – COMPLETED OPERATIONS
This endorsement modifies insurance provided under the following:

COMMERCIAL GENERAL LIABILITY COVERAGE PART

PRODUCTS/COMPLETED OPERATIONS LIABILITY COVERAGE PART

SCHEDULE
Name Of Additional Insured Person(s)
Or Organization(s)
Location And Description Of Completed
Operations
any person or organization for whom you are
performing operations when you and such person or
organization have agreed in writing in a contract or
agreement that such person or organization be added
as an additional insured on your policy

Information required to complete this Schedule, if not shown above, will be shown in the Declarations.

A. Section II – Who Is An Insured is amended to
include as an additional insured the person(s) or
organization(s) shown in the Schedule, but only
with respect to liability for "bodily injury" or "property damage" caused, in whole or in part, by
"your work" at the location designated and
described in the Schedule of this endorsement
performed for that additional insured and included
in the "products-completed operations hazard".

However:

1. The insurance afforded to such additional
insured only applies to the extent permitted by
law; and

B. With respect to the insurance afforded to these
additional insureds, the following is added to
Section III – Limits Of Insurance:

If coverage provided to the additional insured is
required by a contract or agreement, the most we
will pay on behalf of the additional insured is the
amount of insurance:

1. Required by the contract or agreement; or

2. Available under the applicable limits of
insurance;
whichever is less.

This endorsement shall not increase the
applicable limits of insurance.

CG 20 37 12 19 © Insurance Services Office, Inc., 2018 Page 1 of 1 Doc ID: 2cf91392966f3b3fbec8a91cffa83df5c0ce146f
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98 Item6.

WSD 5066398 03
06/30/2025
Doc ID: 2cf91392966f3b3fbec8a91cffa83df5c0ce146f
Attachment "3"
99 Item6.

SWCS, Inc. - CCAE Kitchen Sewer Project PSA
file
2cf91392966f3b3fbec8a91cffa83df5c0ce146f

MM / DD / YYYY
Signed
This document was requested from app.contractsafe.com
04 / 30 / 2026
23:06:03 UTC
Sent for signature to Gerald Samuel Smith
([email protected]), Elyse Dayrit
([email protected]) and Sean McGlynn
([email protected]) by [email protected]
acting on behalf of [email protected]
IP: 216.231.240.96
05 / 04 / 2026
18:13:41 UTC
Viewed by Gerald Samuel Smith ([email protected])
IP: 174.76.5.214
05 / 04 / 2026
18:15:52 UTC
Signed by Gerald Samuel Smith ([email protected])
IP: 174.76.5.214
05 / 04 / 2026
19:57:05 UTC
Viewed by Elyse Dayrit ([email protected])
IP: 174.243.208.133
Attachment "3"
100
Item6.
05 / 04 / 2026
19:57:26 UTC
Signed by Elyse Dayrit ([email protected])
IP: 174.243.208.133
05 / 04 / 2026
21:03:16 UTC
Viewed by Sean McGlynn ([email protected])
IP: 216.231.240.96
05 / 04 / 2026
21:03:28 UTC
Signed by Sean McGlynn ([email protected])
IP: 216.231.240.96
The document has been completed.
05 / 04 / 2026
21:03:28 UTC
SWCS, Inc. - CCAE Kitchen Sewer Project PSA
file
2cf91392966f3b3fbec8a91cffa83df5c0ce146f

MM / DD / YYYY
Signed
This document was requested from app.contractsafe.com
Attachment "3"
101
Item6.

RESOLUTION NO. 2026-132

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

ESCONDIDO, CALIFORNIA, AUTHORIZING THE MAYOR

TO EXECUTE A FIRST AMENDMENT TO THE PUBLIC

SERVICES AGREEMENT WITH SOUTHWEST
CONSTRUCTION SERVICES , INC. FOR THE CALIFORNIA

CENTER FOR THE ARTS , ESCONDIDO, KITCHEN SEWER

REPLACEMENT PROJECT AND AUTHORIZE A BUDGET

ADJUSTMENT TO COMPLETE THE WORK

WHEREAS, the California Center for the Arts, Escondido (“ CCAE”), Conference Room kitchen has been out of operation since June 2025 due to ongoing sewer backup issues; and WHEREAS, City staff were unsuccessful in finding the source of the blockage and unable to fully restore sewer services; and
WHEREAS, City staff inspected, evaluated, and determined it to be in the best interest of the City to replace the underground sewer and, thereafter, issued a request for informal bids on April 14, 2026; and
WHEREAS, Southwest Construction Services, Inc. was awarded Public Services Agreement in the amount of $179,332 for the CCAE Kitchen Sewer Replacement Project (“Project”); and WHEREAS, due to additional concrete work, replacement of flooring (tile), replacement ceiling tiles, FRP (fiberglass reinforced plastic) wall panels , soils export, extra concrete, complete kitchen sanitizing and general contractor overhead cost , City staff recommends amending the Public Services Agreement with Southwest Construction Services, Inc. to cover additional work and add funds needed to complete the Project; and
WHEREAS, City staff recommends approving the proposed First Amendment to the Public Services Agreement with Southwest Construction Services, Inc. in an amount not to exceed $291,685; and 102
Item6.

WHEREAS, staff recommends approval of a budget adjustment in an amount not to exceed $160,467; and
WHEREAS, the City Council desires at this time and deems it to be in the best public interest to authorize a budget adjustment in the amount of $160,467 and First Amendment in the a mount of $291,685 of Measure I funds.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Escondido, California, as follows:

1. That the above recitations are true.

2. That the City Council finds that it is in the best public interest to approve the First Amendment in the amount of $291,685 to the Public Services Agreement with Southwest Construction Services, Inc. and authorize a budget adjustment in the amount of $160,467 of Measure I funds necessary for completion of the Project.

3. That the City Council authorizes a budget adjustment in the amount of $160,467 of Measure I funds per Attachment “1” to the Staff Report.

4. That the City Council approves Resolution No. 2026 -132, authorizing the Mayor to execute a First Amendment to the Public Services Agreement with Southwest Construction Services, Inc. in an amount not to exceed $ 291,685, which is attached and incorporated to this Resolution as Exhibit “A”, and subject to final approval as to form by the City Attorney. 103
Item6.

Resolution No. 2026-132
Exhibit “A”

Page 1 of 5 ends

First Amendment - 1 - CAO: 04/23/2024
To Public Services Agreement

CITY OF ESCONDIDO

FIRST AMENDMENT TO PUBLIC SERVICES AGREEMENT

This First Amendment to Public Services Agreement (“First Amendment”) is made and entered into as of the last signature date set forth below (“Effective Date”),

Between: CITY OF ESCONDIDO
a California municipal corporation
201 N. Broadway
Escondido, CA 92025
Attn: Ed C Vasquez
760-546-3944
("CITY")

And: SWCS, Inc.
a California corporation
dba South West Construction Services
11653 Riverside Dr. Ste. 153
Lakeside, CA 92040
Attn: Dan Smith
619-258-9944
("CONTRACTOR ").
(The CITY and CONTRACTOR each may be referred to herein as a “Party” and collectively as the “Parties.”)
WHEREAS, the Parties entered into that certain Public Services Agreement dated May 4, 2026 (“Agreement”), wherein CITY retained CONTRACTOR to provide services for California Center for the Arts (“CCAE”) Sewer Replacement Project, as more specifically described in the Agreement; and WHEREAS, the Parties desire to amend the Agreement to include additional services as described in “Attachment A” to this First Amendment, which is attached hereto and incorporated herein by this reference.

NOW, THEREFORE, in consideration of the mutual covenants, promises, terms, and conditions set forth herein, and the mutual benefits derived therefrom, the Parties hereby agree as follows:

1. The CONTRACTOR will furnish all of the Services described in “Attachment A ” to this First Amendment.

2. The CITY will compensate the CONTRACTOR in an additional amount not to exceed the sum of 104
Item6.

Resolution No. 2026-132
Exhibit “A”

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To Public Services Agreement

$291,685, pursuant to the conditions contained in “Attachment A” to this First Amendment.

3. All other terms of the Agreement not referenced in this First Amendment shall remain unchanged and in full force and effect. In the event of a conflict between a provision of the Agreement and this First Amendment, this First Amendment shall prevail.

4. This First Amendment and the Agreement, together with any attachments or other documents described or incorporated therein, if any, constitute the entire agreement and understanding of the Parties, and there are no other terms or conditions, written or oral, controlling this matter.

5. This First Amendment may be executed on separate counterparts that, upon completion, may be assembled into and shall be construed as one document. Delivery of an executed signature page of this First Amendment by electronic means, including an attachment to an email, shall be effective as delivery of an executed original.

6. Unless a different date is provided in this First Amendment, the effective date of this First Amendment shall be the latest date of execution set forth by the names of the signatories below.

(Signature Page Follows)

105
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Resolution No. 2026-132
Exhibit “A”

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IN WITNESS WHEREOF, this First Amendment is executed by the Parties or their duly authorized representatives as of the Effective Date:

CITY OF ESCONDIDO

Date: __________________ ____________________________________ Mayor, Dane White

SWCS, Inc.

Dba Southwest Construction Services Inc.

Date: __________________ ___________________________________ Gerald Samuel Smith, President & Secretary

APPROVED AS TO FORM:

OFFICE OF THE CITY ATTORNEY
MICHAEL R. MCGUINNESS, CITY ATTORNEY

BY: __________________________

DATE: _________________

THE CITY OF ESCONDIDO DOES NOT DISCRIMINATE AGAINST QUALIFIED PERSONS WITH DISABILITIES.

106
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Resolution No. 2026-132
Exhibit “A”

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ATTACHMENT “A”
Scope of Work

A. General

SWCS, Inc., a California corporation (“Contractor”) will provide the City of Escondido, a California municipal corporation (“City”) additional work needed to complete the California Center for the Arts (“CCAE”) Sewer Replacement Project.

B. Location

Contractor will provide services at the City’s facility located at CCAE, 340 N. Escondido Blvd., Escondido, CA 92025.

C. Services

Contractor shall provide services as detailed in Contractor’s Proposal dated July 20, 2026, which is incorporated herein by this reference. A copy of Contractor’s Proposal shall be maintained by the City and is available upon request. Services provided pursuant to this First Amendment shall generally include:

SWCS CO No. 1 Item - 1 Additional Demo of Tile
SWCS CO No. 1 Item - 2 Additional Concrete work
SWCS CO No. 1 Item - 3 Flooring
SWCS CO No. 1 Item - 4 FRP replacement
SWCA CO No. 1 Item - 5 Ceiling Tile Replacement
SWCS CO No. 1 Item - 6 Equipment sanitizing
SWCS CO No. 1 Item - 7 T&M Core Drill - Stairs Foundation SWCS CO No. 1 Item - 8 Pan's for Kettle Drains
SWCS CO No. 1 Item - 9 Sand Backfill
SWCS CO No. 1 Item - 10 Sewer Camera, Snake, Vent Work
SWCS CO No. 1 Item - 11 T&M Extra Demo for pathway
SWCS CO No. 1 Item - 12 Extra soils export
SWCS CO No. 1 Item - 13 Extension of work to Freezer
SWCS CO No. 1 Item - 14 Extended GC's through September SWCS CO. No. 1 Item - 15 Unknown underground items

D. Scheduling

Contractor to schedule specific dates of work in advance by contacting Eduardo Vasquez at 760-546-3944 or [email protected]. Work shall be performed in -between the hours of 8 a.m. and 3:30 p.m., Monday through Friday.

E. Contract Price and Payment Terms

The contract price of this First Amendment shall not exceed $291,685. The contract price of this First Amendment ($ 291,685.00) will bring the total contract price of the Agreement to $471,017. The contract price of this First Amendment includes all labor, materials, equipment, 107
Item6.

Resolution No. 2026-132
Exhibit “A”

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and transportation required to perform the work. Services will be billed as services are performed. Payment will be made after services have been performed and within 30 days of receipt of an invoice for those services.

F. Term

Pursuant to this First Amendment, t he term of th e Agreement shall be extended through December 31, 2026.

108
Item6.

STAFF REPORT

August 26, 2026
File Number 0480-70

SUBJECT

NEIGHBORHOOD REINVESTMENT PROGRAM GRANT AND BUDGET ADJUSTMENT

DEPARTMENT
Fire Department

RECOMMENDATION
Request the City Council adopt Resolution No. 2026-138 authorizing the Escondido Fire Department to accept Neighborhood Reinvestment Program grant funds in the amount of $59,230.00; authorize the Fire Chief or his designee to execute grant documents on beh alf of the City, and approve budget adjustments needed to accept and spend grant funds.

Staff Recommendation: Approval (Fire Department: Tyler Batson, Interim Fire Chief) Presenter: Tyler Batson, Interim Fire Chief
ESSENTIAL SERVICE – Yes, Fire/EMS Services
COUNCIL PRIORITY –Prioritize Public Safety

FISCAL ANALYSIS
The Neighborhood Reinvestment Program grant will provide $59,230 in revenue to the City of Escondido, consisting of $29,230 for the purchase of an industrial extractor and $30,000 for the purchase of children's bicycle helmets. The grant does not require matching funds. Approval of the recommended budget adjustment will appropriate grant revenues and expenditures in the amount of $59,230.

PREVIOUS ACTION
None

BACKGROUND
The Neighbo rhood Reinvestment Program ( “NRP”) provides funding for projects that benefit local communities through enhanced public services, health, safety, and quality of life. The Escondido Fire Department applied for NRP funding to support firefighter health and s afety initiatives and community injury prevention efforts.
109
Item7.

The County of San Diego has awarded the City of Escondido Fire Department a Neighborhood Reinvestment Program grant in the amount of $59,230. The grant award consists of two components. The first allocates $29,230 for the purchase of an industrial extractor , which will be used to clean and decontaminate firefighter protective clothing. Regular cleaning of firefighter turnout gear helps remove hazardous particulates and contaminants encountered during emergency responses, supporting firefighter health and reducing occupational exposure risks.

The second component allocates $30,000 for the purchase of children's bicycle helmets that will be distributed to community members through a future bicycle helmet giveaway event hosted in partnership with County Supervisor Jim Desmond's office. The helmet distribution program supports injury prevention efforts by providing safety equipment to children and promoting bicycle safety awareness throughout the community.

The proposed grant -funded projects align with the City Council Priority to Prioritize Public Safety by enhancing firefighter health and safety while supporting community -based injury prevention initiatives.

The grant does not require a local funding match. City Council authorization is required to accept the grant funds, execute the related grant docume nts, and approve the necessary budget adjustments to receive and expend the funds.

RESOLUTIONS
a. Resolution No. 2026-138

ATTACHMENTS
a. Attachment “1” – Budget Adjustment
b. Attachment “2” – Neighborhood Reinvestment Program Grant Agreement 110
Item7.

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Attachment "1"
111
Item7.

AGREE MENT 1

NEIGHBORHOOD REINVESTMENT PROGRAM

GRANT AGREEMENT BETWEEN

THE COUNTY OF SAN DIEGO
AND City of Escondido
This Grant Agreement is entered into between the County of San Diego, a political subdivision of the State of C
alifornia (County), and City of Escondido, a Non-Profit California Corporation (Grantee), on ______________ with an effective date of 07/22/2026.

WHE
REAS, the County wishes to reinvest taxpayer funds in the community to benefit the public by providing grant funds to community- based organizations that assist in meeting the social, cultural and recreational needs of County residents; and
WHE
REAS, the Board of Supervisors may allocate grant funding for purchases, programs or events that will occur either subsequent to the Board’s action to approve the grant or that have occurred prior to the Board’s approval date; and
WHERE
AS, on 07/22/2026 ( JUL-26), the Board of Supervisors allocated the grant funding set forth in this Agreement for the purpose described in this Agreement.

NOW
, THEREFORE, in consideration of the mutual promises contained herein and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows :

1. Amo
unt of Grant. The County agrees to pay to Grantee an amount of $59,230.00 . Under no circumstances is County obligated to pay Grantee more than this amount. County shall pay Grantee after County receives a signed copy of this Agreement from Grantee.

2. Purpo
se of Grant. Grantee shall use the grant funds provided by County under this Agreement solely for the following purpose : Funds will be used to purchase a firefighter turnout gear extractor and bike helmets to support the health, safety, and well- being of firefighters and the youth in the community they serve.

3. Term o
f Agreement. The term of this Agreement shall be for 13 months starting on the effective date as specified above.

4. Dea
dline for Use of Grant Funds and Documentation of Expenditures. (a) Gr
antee shall spend all grant funds provided by the County for the purposes specified in Paragraph 2 within 12 months of the effective date of this Agreement as specified above. (b) Gr
antee shall complete the Documentation of Grant Expenditures form provided by the County’s administrator, setting forth Grantee’s total actual expenditures of the grant funds provided under this Agreement. Grantee shall submit this completed form and the related documentation including, but not limited to, invoices/receipts, credit card statements, check stubs, check copies, copy of canceled checks, copy of bank statements, etc. to the County’s administrator promptly after spending the grant funds, but in no event after the end of the Term of Agreement specified above .

If the parties agree to extend the Term of Agreement, Grantee shall submit this expenditure documentation by the end of the extended Term. If County’s administrator requests additional information regarding Grantee’s expenditure of the grant funds, Grantee shall promptly submit the requested information to County’s administrator.
(c) If
after reviewing Grantee’s expenditure documentation, the County’s administrator:
(i) det
ermines that the Grantee failed to spend all of the grant funds; County office use only
P – 100
1838
O – 15670
E – 53664
T – 007
A – 100123
Supplier # – 179950
Attachment "2"
112
Item7.

AGRE EMENT 2
(ii) disallows any expenditure by Grantee; or
(iii) determines that the grant funds provided exceed Grantee’s total actual expenditures authorized under this Agreement;
Gr
antee shall refund to the County the amount specified by the County’s administrator. Grantee shall make this refund within seven (7) business days after receiving a written request for refund from the County’s administrator. In its sole discretion, the County may offset the refund amount from any payment due to or to become due to Grantee under this Agreement or any other agreement with the County.
(d) I
f Grantee fails to provide the required documentation of expenditures as required in Subparagraph (b) above, the County’s administrator may request Grantee to refund to the County all or any portion of the grant funds provided under this Agreement. Within seven (7) business days of receipt of a written request for a refund, Grantee shall refund to the County the amount specified by the County’s administrator. Grantee’s failure to comply with this refund requirement shall constitute a material breach of this Agreement. (e) U
nless authorized by the Board, expenditures incurred by the Grantee prior to the effective date of this Agreement for the purpose specified in Paragraph 2 are not eligible expenditures under Subparagraph (b) above.
(f) If
Grantee fails to use all grant funds as specified in Paragraph 2 above before the deadline specified in Subparagraph (a) above, Grantee may request an extension of the Term. Grantee shall make any such request in writing at least two weeks before the deadline specified in Subparagraph (a) above.

Grantee and the County’s administrator may agree in writing to extend the Term of Agreement to allow Grantee additional time to spend the grant funds for the purpose specified in Paragraph 2.

5. Res
trictions on Use of Grant Funds.
(a) G
rant funds shall not be used for any purposes prohibited by laws governing the use of public funds, including but not limited to, religious, political campaigning, or purely private purposes or activities. (b) A
ny Grantee that provides or participates in any activity for which public funds may not be used, such as religious activities, shall inform the County of this activity prior to accepting any grant funds. Grantee shall ensure that no grant funds awarded pursuant to the Agreement are used to support in any manner said activity.
(c) G
rantee shall not spend any part of the grant amount on fund raising activities. (d) G
rantee shall not spend any part of the grant amount on food or beverages ; except, that Grantee acting as a food bank or other similar organization may provide food and beverages to needy individuals or families if this was the purpose of the grant as specified by Paragraph 2. (e) G
rantee may not include in its Documentation of Grant Expenditures report under this Agreement any expenditures for which Grantee has received or is or will be claiming funding from any other source. Grantee’s failure to comply with this requirement shall constitute a material breach of this Agreement.
(f) Gr
antee shall not donate any portion of this Grant to a third party. (g) Grantee shall not assign or transfer any interest in this Agreement (whether by assignment or novation), without the prior written consent of the County.

Attachment "2"
113
Item7.

AGREEMENT 3
(h) By executing this Agreement, Grantee certifies that it qualifies for the receipt of grant funds under Board Policy B-72 and will at all times abide by the terms of the Policy, except to the extent waived by the Board at the time of grant award.

6. Administrator of Agreement. The Office of Economic Development and Government Affairs under the Deputy Chief Administrative Officer/Chief Financial Officer , shall administer this Agreement on behalf of the County, and Laura Costello at (760) 839-5408 shall administer it on behalf of Grantee.

7. Notice. All communications from Grantee to the County shall be sent to the Office of Economic Development and Government Affairs as listed below. Any notice or notices or other documentation required or permitted to be given pursuant to this Agreement may be personally served on the other party by the party giving such notice, or may be served by certified mail, postage prepaid, re turn receipt requested, to the following addresses:

County: Deputy Chief Administrative Officer/Chief Financial Officer Office of Economic Development and Government Affairs
County of San Diego
1600 Pacific Highway Room 152
San Diego, CA 92101

Grantee: City of Escondido
City of Escondido Escondido branch
1163 N Centre City Pkwy
201 N Broadway
Escondido, CA 92026

8. Audit and Inspection of Records. At any time during normal business hours and as often as the County may deem necessary, the Grantee shall make available to the County for examination all of its records with respect to all matters covered by this Agreement and will permit the County to audit, examine and make excerpts or transcripts from such records, and make audits of all invoices, materials, payrolls, records of personnel and other data relating to all matters covered by this Agreement. Unless otherwise specified by the County, said records shall be made available for examination within San Diego County.

Grantee shall maintain such records in an accessible location and condition for a period of not less than four (4) years following Grantee’s submission of the Documentation of Grant Expenditures report under this Agreement unless County agrees in writing to an earlier disposition. The State of California or any Federal agency having an interest in the subject of this Agreement shall have the same rights conferred upon County by this Agreement.

9. Termination of Agreement for Cause. If Grantee fails to perform its obligations according to this Agreement, the County may send Grantee a written notice of default that specifies the nature of the default.

Grantee shall cure the default within fifteen (15) business days following receipt of the notice of default.

If Grantee fails to cure the default within that time, the County may terminate this Agreement by giving Grantee written notice of immediate termination. Upon termination, Grantee shall promptly provide County's administrator wi th Documentation of Grant Expenditures setting forth Grantee's total actual expenditures for the purpose of the grant as of the effective date of termination. Grantee shall promptly refund to County all funds County paid to Grantee under this Agreement that exceed Grantee's total actual expenditures made in conformance with this Agreement, as determined by County's administrator, as of the effective date of termination. The County may also seek any and all legal and equitable remedies against Grantee for breaching this Agreement.

10. Termination for Convenience of County. County may terminate this Agreement at any time by giving written notice to Grantee of such termination and specifying the effective date thereof at least 30 days before the effective date of such termination. On or before the date of termination, Grantee shall provide County’s administrator with Documentation of Grant Expenditures setting forth Grantee’s total actual expenditures for the purpose of the grant as of the effective date of termination. Grantee shall promptly Attachment "2"
114
Item7.

AGREEMENT 4
refund to County all funds County paid to Grantee under this Agreement that exceed Grantee’s total actual expenditures for the purpose of the grant, as determined by County’s administrator, as of the effective date of termination.

11. Termination for Convenience of Grantee. Grantee may terminate this Agreement at any time by giving written notice to County's administrator of such termination and specifying the effective date thereof at least 60 days before the effective date of such termination. On or before the date of termination, Grantee shall provide County’s administrator with Documentation of Grant Expenditures setting forth Grantee’s total actual expenditures for the purpose of the grant as of the effective date of termination. Grantee shall promptly refund to County all funds County paid to Grantee under this Agreement that exceed Grantee’s total actual expenditure for the purpose of the grant, as determined by County’s administrator, as of the effective date of termination.

12. Interest of Grantee. Grantee covenants that Grantee presently has no interest, including, but not limited to, other projects or independent contracts, and shall not acquire any such interest, direct or indirect, which would conflict in any manner or degree with Grantee's completing the purpose of the grant as specified in Paragraph 2. Grantee further covenants that in the performance of this Agreement, no person having any such interest shall be employed or retained by Grantee.

13. Publication, Reproduction and Use of Material. No material produced, in whole or in part, under this Agreement shall be subject to copyright in the United States or in any other Country. The County shall have unrestricted authority to publish, disclose, distribute, and otherwise use, in whole or in part, any reports, data or other materials prepared under this Agreement.

14. Insurance. Grantee shall maintain insurance against claims or injuries to person or damages to property that may arise from or in connection with the use of the grant funds by Grantee, its agents, representatives, employees, volunteers or subcontractors. The cost of such insurance shall be borne by Grantee and coverage limits shall be a minimum of $1,000,000 General Liability per occurrence/$1,000,000 aggregate for operations, products and completed operations for bodily injury, personal injury and property damage; $500,000 Automobile Liability per accident for bodily injury and property damage; and Workers’ Compensation and Employers Liability Insurance as required by the California Labor Code. County shall retain the right at any time to review the coverage and amount of insurance required.

15. Independent Capacity. In the performance of this Agreement, Grantee and its officers, agents, employees and volunteers shall act in an independent capacity and not as officers, employees, agents or volunteers of the County. This Agreement does not create an employment relationship between Grantee and the County.

16. Equal Opportunity. Grantee will not discriminate against any employee, or against any applicant for such employment because of age, race, color, religion, physical handicap, ancestry, sex, or national origin.

This provision shall include, but not be limited to, the following: employment, upgrading, demotion, or transfer; recruitment or recruitment advertising; layoff or termination; rates of pay or other forms of compensation; and selection for training, including apprenticeship.

17. Defense and Indemnity. To the fullest extent permitted by law, County shall not be liable for, and Grantee shall defend and indemnify County and its officers, agents, employees and volunteers (collectively, “County Parties”) against any and all claims, deductibles, self -insured retention’s, demands, liability, judgments, awards, fines, mechanics’ liens or other liens, labor disputes, losses, damages, expenses, charges or costs of any kind or character, including attorneys’ fees and court costs (collectively, “Claims”), which arise out of or are in any way connected to County’s provision of grant funds and/or Grantee’s use of grant funds under this Agreement arising either directly or indirectly from any act, error, omission or negligence of Grantee or its officers, employees, volunteers, agents, contractors, licensees or servants, including without limitation, Claims caused by the sole passive negligent act or the concurrent negligent act, error or omission, whether active or passive, of C ounty Parties. Grantee shall have no obligation, however, to defend or indemnify County Parties from a Claim Attachment "2"
115
Item7.

AGREEMENT 5
if it is determined by a court of competent jurisdiction that such Claim was caused by the sole active negligent act or willful misconduct of County Parties.

18. Governing Law. This Agreement shall be construed and interpreted according to the laws of the State of California.

19. Complete Agreement. This Agreement constitutes the entire agreement between Grantee and County regarding the subject matter contained herein. All other representations, oral or written, are superseded by this Agreement. Neither party is relying on any representation outsi de of this Agreement. This Agreement may be changed only by written amendment signed by both parties.

20. Waiver. The failure of either party to enforce any term, covenant or condition of this Agreement shall not be construed as a waiver of that party’s right to subsequently enforce this, or any other term, covenant or condition of this Agreement. No waiver shall be deemed effective unless the waiver is expressly stated in writing and signed by the party waiving the right or benefit.

21. Consultation with Counsel. Each party has had the opportunity to consult with independent legal counsel of its own choosing before executing this Agreement and has executed this Agreement without fraud, duress, or undue influence of any kind.

22. Interpretation. The provisions of this Agreement shall be liberally construed to effectuate its purpose.

The language of all parts of this Agreement shall be construed simply according to its plain meaning and shall not be construed for or against either party.

23. Corporation Qualified to Do Business in California. If Grantee is a California corporation, Grantee warrants that it is a corporation in good standing and is currently authorized to do business in California.

24. Terms and Conditions Survive Expiration of Term of Agreement. Unless otherwise specified herein, all terms and conditions of this Agreement shall survive the expiration of the Term of Agreement specified in Paragraph 3 above or the termination of this Agreement under Paragraphs 6, 7, or 8 above.

25. Remedies. The rights and remedies in this Agreement are in addition to, and not a limitation on, all other rights and remedies available at law or in equity, and exercise of one right or remedy shall not be deemed a waiver of any other right or remedy.

26. Recognition. If Grantee chooses to give written recognition of this grant, Grantee shall recognize the County of San Diego and not one or more individual County Supervisors.

27. Prevailing Wage. To the extent this grant funds construction, alteration, demolition, installation, repair, refuse and ready mix concrete hauling, or maintenance work and the amount of the grant exceeds $1,000, the project funded by the grant shall be deemed a “public work” for State prevailing wage purposes. It is not the intent of this Agreement to impose an obligation to pay prevailing wages on work otherwise exempt from the applicable prevailing wage laws. Grantee shall be solely responsible for ensuring applicable prevailing wages are paid when owed.

Projects subject to the payment of State prevailing wages are subject to compliance monitoring and enforcement by the Department of Industrial Relations. Grantee shall be responsible for ensuring all required job site postings and all certified payroll and other reporting applicable to it as an awarding body are completed in accordance with the State’s prevailing wage regulations. Information regarding the State’s prevailing wage requirements can be obtained from the Director, Department of Industrial Relations at www.dir.ca.gov , Labor Code § 1720, et seq., and 8 Cal. Code of Regs. § 16000, et seq.

28. Counterparts and Electronic Signatures. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. This Agreement may be executed with an electronic or digital signature in accordance with applicable State laws and such signature shall be deemed an original.

Attachment "2"
116
Item7.

AGREEMENT 6

29. Compliance with County Ordinances. Grantee shall comply with all County ordinances applicable to the receipt and expenditure of grant funds pursuant to this Agreement.

Specifically, and without limitation, Grantee shall, to the extent applicable, comply with Article LXV, commencing with Section 965 of the San Diego County Administrative Code.

Attachment "2"
117
Item7.

AGREEMENT 7
WHEREFORE, the parties execute this Agreement on the date first written above.

COUNTY OF SAN DIEGO

GRANTEE

By: _______________________________

By:__________________________ Date_______
Deputy Chief Administrative Officer/Chief
Financial Officer
or Designated Representative
Authorized signatory

Matthew Parr, Director
Print Name and Title
Office of Economic Development
and Government Affairs

[Note:

Person signing on behalf of Grantee must be authorized by Grantee’s Board of Directors to sign this Agreement and must be same person Grantee listed in its funding application as being authorized to sign.]

Return This Agreement
Attachment "2"
118
Item7.

RESOLUTION NO. 2026-138

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

ESCONDIDO, CALIFORNIA, ACCEPTING A

NEIGHBORHOOD REINVESTMENT PROGRAM GRANT IN
THE AMOUNT OF $59,230, AUTHORIZING THE FIRE

CHIEF OR DESIGNEE TO EXECUTE GRANT DOCUMENTS,

AND APPROVING RELATED BUDGET ADJUSTMENTS

WHEREAS, the County of San Diego Neighborhood Reinvestment Program provides grant funding for projects that benefit local communities through enhanced public services, health, safety, and quality of life; and
WHEREAS, the Escondido Fire Department submitted a grant application seeking funding for firefighter health and safety equipment and community injury prevention initiatives; and WHEREAS, the County of San Diego has awarded the City of Escondido a Neighborhood Reinvestment Program grant in the amount of fifty -nine thousand two hundred thirty dollars ($59,230) ; and
WHEREAS, grant funding in the amount of $29,230 will be used to purchase an industrial extractor to clean and decontaminate firefighter protective clothin g and reduce exposure to hazardous contaminants; and
WHEREAS, acceptance of the grant requires City Council authorization and approval of budget adjustments necessary to receive and expend the grant funds.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Escondido, California , as follows:
119
Item7.

1. That the above recitations are true.

2. That the City Council accepts the Neighborhood Reinvestment Program grant award in the amount of $59,230.

3. That the City Council authorizes the Fire Chief, or designee, to execute all Neighborhood Reinvestment Program grant agreements, amendments, certifications, and related documents necessary to administer the grant on behalf of the City of Escondido.

4. That the City Council approves the budget adjustments necessary to receive and expend grant funds in the amount of $59,230 for the purposes described herein.

120
Item7.

ORDINANCE NO. 2026-17

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF

ESCONDIDO, CALIFORNIA, AUTHORIZING THE CITY

MANAGER TO EXECUTE A TEMPORARY LICENSE AND
ACCESS AGREEMENT FOR PROPERTY AT 510 N. BROADWAY,

ESCONDIDO, CALIFORNIA , AS PART OF THE ESCONDIDO

CREEK TRAIL PROJECT

The City Council of the City of Escondido, California, does ordain as follows:

SECTION 1. The City Council makes the following findings:
a) Niche Investments, a California limited liability company (“ Owner’), owns the real property located at 510 N. Broadway, Escondido, CA 92025, Escondido, CA 92025, APN 229 -304-23-00 (“Property”). The Property is currently the site of Evans Tire, and abuts a portion of the Escondido Creek Trail; and
b) The City of Escondido (“City”) is involved in the rehabilitation of the Escondido Creek Trail (“Project”) to encourage safe and healthy lifestyles through an improved sense of security, enhanced street crossings, fitness and play amenities, native and drought friendly landscapin g, and further opportunities for walking and jogging in addition to improvements to the bike path. The goal is to revitalize the Creek Trail Corridor through enhanced activities and partnerships with local businesses, artists, schools, and other organizations; and
c) The Property has been the target of various graffiti and other damage, and in a recently attempt to protect the building from other damage, Owner installed a wrought iron fence, painted over a defunct mural, and removed all landscaping from a previous native plant garden; and d) As part of the Project, the City wishes to support small businesses, including Owner, and also improve the aesthetics of this area near the opening of the Creek Trail and Owner desires to receive the benefit of certain improvements to the Property to be completed by the City; and 121
Item8.

STAFF REPORT

August 26, 2026
File Number 0680-10

SUBJECT

INTERIM URGENCY ORDINANCE PROHIBITING DATA CENTERS WITHIN THE CITY OF ESCONDIDO

DEPARTMENT
Development Services

RECOMMENDATION
Request the City Council adopt Ordinance No. 2026-18, approving an Interim Ordinance to prohibit the establishment, expansion, or intensification of Data Centers and other similar high-intensity computing uses within the City of Escondido.

Staff Recommendation: Approval (Development Services: Kevin Snyder, AICP, Director of Development Services)
Presenter: Garrett Smith, City Planner
ESSENTIAL SERVICE – Yes, Land Use/Development
COUNCIL PRIORITY – Improve Public Safety

FISCAL ANALYSIS
No direct fiscal costs are associated with the adoption of this interim urgency ordinance.

PREVIOUS ACTION
None

BACKGROUND
Concerns
Neighboring jurisdictions have received, and the City reasonably anticipates receiving, applications, pre- applications, inquiries, and expressions of interest for new data centers and similar high -intensity computing uses, or expansion or intensifications of such uses.

Existing City plans and development code provisions, such as zoning, do not sufficiently address whether, where, and under what conditions these data centers and uses should be permitted, nor to they establish 122
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adequate standards concerning location, size, utility demand, water use, cooling systems, backup generation, noise, buffering, environmental performance, public health and safety protections, or related operational characteristics.

Urgency Ordinance
California Government Code § 65858 provides that, without following the procedures otherwise required prior to the adoption of a zoning ordinance, an urgency measure in the form of an interim ordinance may be adopted by a four -fifth vote of the City Council to protect the public from a current and immediate threat to the public health, safety, or welfare resulting from a contemplated zoning proposal.

Government Code § 65858 further provides that such an urgency measure shall expire 45 days following its adoption; however, such measure may be extended beyond the initial 45 -day period, following compliance with Government Code § 65858, for an additional 10 months and 15 days, and subsequently for an additional 12 months. Government Code § 65858(d) requires the City issue a written report describing the measures taken to alleviate the condition which led to the adoption of the initial interim ordinance 10 days prior to expiration ( i.e., 35-days after passage of the interim ordinance ) for purposes of extending the urgency ordinance. Subsequent to the written report, Government Code § 65858(a) allows for an initial 10-month and 15-day extension to provide the City with additional time to study the potential impacts of data centers, or similar high -intensity computing uses and facilities , and measures for mitigating the public safety, health and welfare concerns described above.

With adoption of Ordinance No. 20 26-18, the City Council would effectively prohibit any additional subdivisions, use permit s, variance s, building permit s, site develop ment permits, grading permits, business licenses, or any other entitlement for use from being approved or issued for the establishment, construction, operation, expansion, or intensification of a data center use, facility, or similar high-intensity computing use, for any location or property within the City for the immediate preservation of public health, safety, and welfare based on the findings detailed in the ordinance.

CEQA Determination
This interim ordinance is not subject to CEQA (Public Resources Code §21000, et seq.) pursuant to CEQA Guidelines (Cal. Code Regs., tit. 14, §15000 et seq.) § 15060(c)(2) as the activity will not result in a direct or reasonably foreseeable indirect physical change in t he environment . Alternatively, this interim ordinance is exempt from CEQA pursuant to Public Resources Code § 21080(b)(4) and CEQA Guidelines § 15269(c) because it prevents a clear and imminent danger that requires immediate action to prevent or mitigate the loss of, or damage to, life, health, property, and essential public services.

ORDINANCES
a. Ordinance No. 2026-18
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ORDINANCE NO. 2026-18

AN INTERIM ORDINANCE OF THE CITY COUNCIL OF THE

CITY OF ESCONDIDO, CALIFORNIA, PURSUANT TO
CALIFORNIA GOVERNMENT CODE SECTION 65858
ESTABLISHING A FORTY-FIVE (45) DAY MORATORIUM

ON THE ESTABLISHMENT, EXPANSION, OR

INTENSIFICATION OF D ATA CENTERS AND OTHER

SIMILAR HIGH-INTENSITY COMPUTING USES WITHIN
THE CITY OF ESCONDIDO; AND FINDING THE ACTION

TO BE EXEMPT FROM CEQA

WHEREAS, the City of Escondido, California, (“City”) is a general law municipal corporation, duly organized and operating under the constitution and laws of the State of California, with the authority to adopt and enforce land use regulations within its boundaries pursuant to its constitutional police powers and the Planning and Zoning Law; and
WHEREAS, on June 7, 2023, the City adopted its Comprehensive Economic Development Strategy (2023-2028) (“CEDS”) which identified and established, among other things, Fundamental 3 – Actively Maximize Value of Land, which found that “it is crucial that land is put to its best use. Inefficient land use, such as static storage for goods or cars should be discouraged. Land that is zoned for housing (Fundamental 1) should do just that, and land that is zoned for cr eating jobs (Fundamental 2) should do that… [L]and-scarce Escondido [should] get more people and jobs out of every acre.” CEDS at p. 56); and WHEREAS, neighboring jurisdictions have received, and the City reasonably anticipates receiving, applications, pre-applications, inquiries, and expressions of interest for the development of data centers and other similar high-intensity computing uses within the City; and WHEREAS, in general, a “data center” is a physical building or facility that houses and supports the operation of computer servers, networking equipment, or similar electronic equipment and information technology infrastructure for building, running and delivering applications and services, data 124
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processing, storage transmission, cloud co mputing, or other similar high intensity computing activities; and
WHEREAS, data centers and similar high -intensity computing uses may require extraordinary electrical demand, substation or transmission improvements, substantial cooling systems, backup generators, water and wastewater capacity, and 24 -hour operations, and may thereby create or exacerbate land use compatibility, noise, air quality, greenhouse gas, public health, public safety, emergency response, and infrastructure capacity concerns; and WHEREAS, the City’s existing General Plan, Municipal Code, zoning regulations, and other applicable land use regulations do not currently define, classify, or comprehensively regulate data centers and similar high-intensity computing uses, including with res pect to their permissible locations, size and intensity, utility demand, water consumption, cooling systems, backup generation, buffering, noise, environmental performance, decommissioning, and community benefits; and WHEREAS, a “data center” as a use is not expressly identified with the City’s Municipal Code; however, similar such uses may be permitted within the General Industrial Zone via a Plot Plan Permit as identified within Article 61 (Administration and Enforcement), Division 8 (Plot Plans); and WHEREAS, a “ data processing” use is expressly allowed within at least one specific plan area identified within the City: the Escondido Research and Technology Center (ERTC); and WHEREAS, the City's current Zoning Regulations do not contain development criteria specifically for data center facilities; and
WHEREAS, the City Council intends within a reasonable time to study, consider, and potentially 125
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adopt amendments to the City’s General Plan, Municipal Code, zoning ordinance, specific plans, development standards, and other applicable regulations to address whether, where, and under what conditions data centers and similar high-intensity computing uses should be allowed within the City; and WHEREAS, approval of new data centers or similar high -intensity computing uses, or the expansion or intensification of existing such uses, under the City’s current regulations during the period in which the City is studying and considering such policy and regulatory changes could result in developments that are inconsistent with or in conflict with the land use policies, zoning standards, infrastructure planning, or other regulations being contemplated, and could thereby frustrate or substantially undermine the effectiveness of any future updates; and WHEREAS, the City Council finds that there is a current and immediate threat to the public health, safety, and welfare because, absent a temporary moratorium, applications for such uses may be accepted, processed, and approved under regulations that do not adequately address the potentially significant infrastructure, environmental, operational, and land use compatibility issues associated with such uses; and
WHEREAS, the City Council further finds that the approval of additional entitlements, permits, or other approvals for such uses during the period of study would result in that threat to the public health, safety, and welfare by allowing the commitment of land, utility capacity, water resources, and related infrastructure before the City can determine and adopt appropriate standards and safeguards; and WHEREAS, the City is unaware of any previously approved, newly proposed, or pending data center projects or applications that may be affected by this interim ordinance or the implementation of a temporary moratorium; and
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WHEREAS, in 2025, the Governor signed into law Senate Bill 57 ("SB 57") also known as the Ratepayer and Technological Innovation Protection Act , which allows the California Public Utility Commission (CPUC) to assess the extent to which electrical corporation costs associated with new loads from data centers result in cost shifts to other electrical corporation customers, of which the findings of such shall be published publicly no later than January 1, 2027; and WHEREAS, pursuant to SB 57, the California legislature found the quickly evolving development of artificial intelligence requires large-format data centers that currently require extremely large loads of electricity and water, and that if managed incorrectly, it could pose a serious threat to California’s climate goals and, more importantly, leave existing ratepayers saddled with the enormous costs of stranded assets built to support that industry; and
WHEREAS, whether or not an Applicant's proposed project requires local entitlement approvals, there remain significant public safety-related concerns that must be analyzed prior to any data center or similar project moving forward within Escondido; and
WHEREAS, laws and regulations continue to be enacted within California and nationwi de surrounding data centers. Data center facilities create particularly unique water and energy demands. Data center demands fueled by the Artificial Intelligence boom are yet to be fully studie d and wide-reaching effects still to be determined. However, current literature on data centers suggests impacts, such as substantial water and electrical infrastructure demand thereby leading to increased climatic effects such as drought and urban heat , along with encumbering land with low economically driving uses, has the potential to create an adverse impact to the City . The City of Escondido has not had an adequate opportunity to undertake a comprehensive study of the developing technologies and designs such that it can publish a ppropriate development guidelines for these projects to ensure the public’s welfare and 127
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safety; and
WHEREAS, California Government Code Section 65858 and 36937(b) authorize the City Council to adopt an interim ordinance effective immediately and prohibiting any uses that may be in conflict with a contemplated general plan, specific plan, or zoning proposal that the City is considering, studying, or intends to study within a reasonable time; and
WHEREAS, the City Council further finds that this urgency ordinance is narrowly tailored, in both scope and duration, by temporarily prohibiting the establishment, expansion, or intensification of data centers and similar high -intensity computing uses while the City considers appropriate policy and regulatory responses; and
WHEREAS, the City Council recognizes that data centers and similar uses may provide certain economic benefits, but finds that it is in the public interest to temporarily pause new or expanded approvals until the City can comprehensively evaluate whether and under what conditions such uses are compatible with the City’s long-term land use, infrastructure, environmental, and community objectives; and
WHEREAS, Government Code Section 65868 further provides that such an urgency measure shall be effective for only 45 days following its adoption, but may be extended beyond the initial 45-day period, following compliance with that Section, for an additional 10 months and 15 days and subsequently for an additional 12 months; and
WHEREAS, while this interim ordinance is in effect, the City intends to study and consider land use development policies and standards related to data center facilities that should be added to the City's General Plan and Zoning Regulations; and
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WHEREAS, the City Counci l has the authority under Government Code Sections 36934 and 36937(b) to adopt an ordinance that takes effect immediately if it is an ordinance for the immediate preservation of the public peace, health or safety, contains a declaration of the facts consti tuting the urgency, and is passed by a four-fifths vote of the City Council; and WHEREAS, the City finds it is necessary for the City Council to adopt this interim ordinance as an Urgency Ordinance, as set forth in the above recitals, which are incorporate d herein by reference, and pursuant to the powers under Government Code Sections 36934 and 36937(b), for the immediate preservation of the public health and safety.

NOW, THEREFORE, the City Council of the City of Escondido does ordain as follows:

SECTION 1. FINDINGS. The City Council hereby finds and determines that the above recitals are true and correct and incorporates them herein as substantive findings in support of this ordinance. In addition, the City Council specifically finds:

A. Neighboring jurisdictions have received, and the City reasonably anticipates receiving, applications, pre-applications, inquiries, and expressions of interest for new data centers and similar high- intensity computing uses, [as well as for the expansion or intensification of existing such uses], and such proposals may be processed and approved under existing regulations in the absence of this interim ordinance.

B. Existing General Plan and zoning provisions do not comprehensively address whether, where, and under what conditions data centers and similar high -intensity computing uses should be permitted, nor do they establish adequate standards concerning location, size, utility demand, water use, cooling systems, backup generation, noise, buffering, envir onmental performance, public health and safety protections, or related operational characteristics.

C. Data centers and similar high -intensity computing uses may create substantial and unique 129
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impacts including, but not limited to, significant electrical d emand, increased water consumption, substantial mechanical cooling equipment, noise from cooling systems and generators, air emissions from backup generation, fire and life safety considerations, and demands on public infrastructure and emergency services.

D. There is a reasonable likelihood that approvals granted during the City’s study and consideration of potential policy and regulatory changes would be in conflict with, or would substantially undermine, contemplated amendments to the General Plan, Muni cipal Code, zoning ordinance, specific plans, or other regulations regulating such uses.

E. There is a current and immediate threat to the public health, safety, and welfare because the City’s current regulatory framework does not adequately address the potential land use, environmental, utility, infrastructure, and operational impacts associated with data centers and similar high -intensity computing uses.

F. The approval of additional subdivisions, use permits, variances, building permits, site development permits, grading permits, or any other applicable entitlement, permit, or approval for the establishment, expansion, or intensification of data centers or similar high -intensity computing uses during the City’s study period would result in the threat described above by allowing such uses to proceed before appropriate standards and safeguards are established.

G. A temporary moratorium on the establishment, expansion, or intensification of data centers and similar high-intensity computing uses is necessary to maintain the status quo while the City completes its studies and considers any proposed policy and regulatory changes.

H. This Ordinance has no effect on the exempted data centers identified herein, if any, and does not impair any vested rights legally obtained prior to the effective date of this ordinance.

I. The adoption of this interim urgency ordinance is therefore necessary for the immediate preservation of the public peace, health, and safety within the meaning of Government Code section 130
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65858.

SECTION 2. MORATORIUM IMPOSED.

A. Pursuant to Government Code section 65858, an interim moratorium is hereby imposed on the approval of any applications, permits, or entitlements for the establishment, expansion, or intensification of any data center use within the City of Escondido, except as expressly provided in this ordinance. This ordinance does not apply to the exempted data centers identified in Section 5.B below.

B. During the effective period of this ordinance (“Moratorium Period”), no City offi cial, officer, employee, department, board, commission, or agency shall accept as complete, process, approve, issue, or grant any discretionary or ministerial permit, approval, license, clearance, or entitlement that would authorize any of the following:

1. The establishment, construction, installation, occupancy, or operation of any new data center use;

2. The conversion of any existing building, structure, or site to a data center use;

3. The expansion, enlargement, or intensification of any existing data center use including, but not limited to, increases in gross floor area devoted to such use, server capacity, rack density, electrical service capacity, cooling capacity, backup generation capacity, or water demand; or

4. Any subdivision, site develop ment, grading, building, electrical, mechanical, or similar permit to the extent it would facilitate or enable any activity prohibited by this ordinance.

SECTION 3. DEFINITIONS.

A. For purposes of this ordinance, “Data Center Use” means any facility, campus, building, structure, or portion thereof used primarily or substantially for the housing, operation, or support of computer servers, server racks, data storage devices, networking equipment, switching equipment, or similar electronic equipment for data processing, storage, transmission, cloud computing, colocation 131
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services, artificial intelligence model training or inference, high -performance computing, blockchain operations, digital asset mining, crypt ocurrency mining, or other similar high intensity computing activities. “Data Center Use” includes, without limitation, hyperscale data centers, colocation facilities, server farms, cloud computing facilities, artificial intelligence compute facilities, di gital asset mining facilities, blockchain mining facilities, and other substantially similar uses, whether or not such use is separately defined or listed in the Municipal Code.

B. “Data Center Use” does not include any of the following:

1. Customary accessory server rooms, IT rooms, or equipment rooms that are clearly incidental and subordinate to a primary permitted use and that serve only on -site business, institutional, governmental, or facility operations;

2. Ordinary office, retail, school, hospital, or industrial computer equipment used solely to support on-site operations;

3. Public safety, emergency communications, or emergency operations facilities; or

4. Telecommunications carrier facilities or public utility facilities necessary to provide ess ential communications or utility services to the public, to the extent such facilities are not principally used or designed as a commercial data center, colocation facility, cloud computing facility, artificial intelligence compute facility, or digital asset mining facility.

SECTION 4. STUDY AND REVIEW. During the Moratorium Period and any extension thereof, the City Manager, or designee, is authorized and directed to:

A. Evaluate the potential land use, infrastructure, environmental, public health, and public safety implications of data centers and similar high -intensity computing uses within the City, including but not limited to electricity demand, water use, wastewater demand, cooling systems, backup generation, noise, 132
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air quality, greenhouse gas emiss ions, emergency response, fire and life safety, compatibility with the CEDS, and compatibility with surrounding land uses;
B. Review the City’s existing General Plan, Municipal Code, zoning regulations, specific plans, and development standards to determi ne whether amendments are necessary to address data centers and similar high-intensity computing uses;
C. Consult, as appropriate, with utility providers, water agencies, fire and emergency service providers, public health agencies, environmental professi onals, residents, businesses, and other stakeholders regarding the potential impacts of such uses and possible regulatory responses; D. Develop and present to the City Council for consideration any proposed amendments to the General Plan, Municipal Code, zoning ordinance, specific plans, and other applicable regulations, including but not limited to use classifications, permitted zoning districts, conditional use requirements, development agreements, siting criteria, separation from sensitive uses, operational standards, utility and water demand standards, noise standards, buffering and screening requirements, generator standards, sustainability measures, and decommissioning requirements; and E. Prepare and issue, prior to the expiration of this ordinance or any extension thereof, a written report to the City Council describing the measures taken to alleviate the conditions that led to the adoption of this Ordinance, consistent with Government Code section 65858.

SECTION 5. APPLICABILITY AND EXEMPTIONS.

A. This ordinance applies to all property within the City of Escondido, including any area subsequently annexed to the City during the effective period of this ordinance, unless otherwise provided by law.

B. The following are exempt from the moratorium established by this ordinance:

1. Data Center Uses for which all required discretionary approvals and ministerial permits necessary to authorize construction and operation were finally granted prior to the effective date of 133
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this ordinance, provided that the project is developed in substantial conformance with those approvals;

2. Ordinary accessory server rooms, IT rooms, and similar facilities expressly excluded from the definition of Data Center Use in Section 3.B;

3. Public safety, emergency communications, and emergency operations facilities;

4. Telecommunications carrier facilities and public utility facilities necessary to provide essential public services, to the extent exempted by Section 3 .B; and

5. Minor repairs, maintenance, replacement in kind , or interior tenant improvements to an existing lawful facility that do not expand the gross floor area devoted to a data center use and do not increase server capacity, electrical service capacity, cooling capacity, backup generation capacity, or water demand.

C. Nothing in this ordinance shall be construed to deprive any person of vested rights legally obtained prior to the effective date of this Ordinance, as those rights may be determined under applicable state law.

SECTION 6. PENALTIES . The penalties for land use violations that are prescribed in Sections 33 - 1310 through 33 -1313 of the Municipal Code shall apply to violations of the provisions of this interim ordinance.

SECTION 7. SEVERABILITY. If any section, subsection, sentence, clause, phrase, or portion of this ordinance is for any reason held to be invalid or unconstitutional by a court of competent jurisdiction, such decision shall not affect the validity of the remaining portions of this ordinance. The City Council hereby declares that it would have adopted this ordinance and each section, subsection, sentence, clause, phrase, and portion thereof, irrespective of the fact that any one or more sections, subsections, sentences, clauses, phrases, or portions be declared invalid or unconstitutional.

SECTION 8. CEQA.
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A. The City Council finds that this ordinance is not a “project” under the California Environmental Quality Act (“CEQA”) because it has no potential to result in either a direct physical change in the environment or a reasonably foreseeable indirect physical change in the environment. In the alternative, the ordinance is exempt from CEQA pursuant to State CEQA Guidelines sections 15060(c)(2) and 15061(b)(3), and, to the extent applicable, section 15308, because it is a regulatory action ta ken by the City for the protection of the environment and there is no possibility that the adoption of this Ordinance may have a significant effect on the environment.

B. The City Council hereby directs staff to prepare, execute, and file with the County of San Deigo Clerk a Notice of Exception within five (5) working days of the adoption of this ordinance.

SECTION 9. CONSTRUCTION. This ordinance must be broadly construed to achieve the purposes stated herein and consistent with the Section 1 Findings. It is the City Council’s intent that the provisions of this ordinance be interpreted and implemented by the City and others in a manner that facilitates the purposes set forth herein.

SECTION 10. EFFECTIVE DATE; DURATION; EXTENSION.

A. This ordinance is adopted as an urgency measure pursuant to Government Code section 65858 as necessary for the immediate preservation of the public peace, health, and safety. Pursuant to Government Code section 36937(b), this ordinance shall take effect immediately upon its adoption by at least a four-fifths (4/5) vote of the City Council.

B. This interim ordinance is intended to supplement, not to duplicate or contradict, applicable state and federal law and shall be interpreted in light of that intent.

C. Unless extended by City Council, this ordinance shall remain in effect until close of business on October 10, 2026. Any extension of this ordinance shall require notice and a public hearing in compliance with Government Code section 65858, and shall be supported by written findings that the 135
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conditions warranting the Moratorium Period continue to exist.

D. The City Clerk is hereby directed to certify to the immediate passage of this interim ordinance and to cause the same or a summary to be published one time within 15 days of its passage in a newspaper of general circulation for the City of Escondido. 136
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STAFF REPORT

August 26, 2026
File Number 0110-10

SUBJECT

APPROVAL OF THE ESCONDIDO POLICE DEPARTMENT MILITARY EQUIPMENT REPORT AND ADOPTION OF ORDINANCE NO. 2026-16

DEPARTMENT
Police Department

RECOMMENDATION
Request the City Council adopt Ordinance No. 202 6-16 approving the Escondido Police Department Annual Military Equipment Report in accordance with state law requirements as set for in Assembly Bill No. 481 (“AB 481”).

Staff Recommendation: Approval (Police Department: Ken Plunkett, Chief of Police) Presenters: Erik Witholt, Police Captain; and Lisa Rodelo, Assistant Director of Police Support Services ESSENTIAL SERVICE – Yes, internal requirement in support of police services COUNCIL PRIORITY – Improve Public Safety

FISCAL ANALYSIS
There are no additional costs associated with this state requirement.

PREVIOUS ACTION
Ordinance No. 2025-02 was reviewed, adopted, and approved by City Council on May 14, 2025; Ordinance No. 2024-04 was reviewed, adopted and approved by the City Council on April 17,2024; Ordinance No. 2022-07 was reviewed, adopted and approved by the City Council on April 20, 2022, and renewed by City Council on May 10, 2023.

BACKGROUND
Establishment of AB 481
On September 30, 2021, Governor Newsom approved AB 481 to require, beginning May 1, 2022, a law enforcement agency to seek approval to fund, acquire, and use military equipment as defined in the law. 137
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Assembly Bill 481 added three sections to the California Government Code statutes to address the use of military equipment by a local police force. California Government Code section 7070 broadly defines military equipment to include items that are commercially available products. The military equipment used by the Escondido Police Department (“Department”) is commonly used by other law enforcement agencies, may be available for sale to the general public, and helps the Department keep the community safe.

California Government Code section 7071 provides the requirements for a military use policy and an annual review by the City Council. The City Council must determine a military us e policy demonstrates that:
a. The equipment is necessary because there is no reasonable alternative that can achieve the same objective of officer and civilian safety;
b. The policy will safeguard the public’s welfare, safety, civil rights, and civil liberties; c. If purchasing the equipment, it must be reasonably cost effective compared to the available alternatives that can achieve the same objective of officer and civilian safety; and d. Prior military equipment use complies with the military equipment use policy that was in effect at the time, or if prior uses did not comply with the accompanying military use policy, corrective action taken to remedy the nonconforming uses and ensure the future compliance.

The Escondido Police Department is committed to using the most up -do-date tools and equipment to safeguard the community. Equipment now defined as “militar y equipment” has been used by the Department and other law enforcement agencies across the country on a daily basis. These items provide peace officers with the ability to safely resolve volatile situations which otherwise might rise to a higher level of force including a lethal force encounter . To that end, the items at issue in this report, and accompanying military equipment use police, also provide the Department’s peace officers with vital tools that facilitate compliance with the Department’s string ent use of force policy. For example, Escondido Police Officers have face d gun fire from suspects for prolonged incidents which required the use of armored/ballistic vehicles to protect officers and community members. The protection with ballistic equipment allows for more time and opportunity to attempt to de -escalate situations and provide for safer tactics to resolve life threatening events in the safest way possible to both officers and community members.

California Government Code section 7072 requires an annual military equipment report. In an effort to promote community engagement , the Department posted the Military Equipment Use Policy on its internet website on July 23, 2026, and conducted a public meeting on August 13, 2026 at 6 p.m. in the Mitchell Room at City Hall; no community members attended the public meeting.

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How the Police Department Uses AB 481 Equipment to Help the Community  The Escondido Police Department utilizes military equipment in its mission to protect the community through exceptional police service;
 This equipment is acquired with careful consideration and intention;  It is acquired and authorized when there is no reasonable alternative that can achieve officer and civilian safety; and
 AB 481 provides important pub lic information and input regarding how military equipment is funded, acquired, and used.

Escondido Police Department (EPD) Military Equipment Includes:

Escondido Police Departments’ Commitment to the Community The Escondido Police Department has received no complaints regarding the acquisition and use of military equipment since Ordinance No. 2025-02 was adopted by City Council last year.

All military equipment will be used in accordance with general and, when appr opriate, specific Department Instructions. The Department Instruction on Use of Force provides overarching guidance and specific orders for all Department police officers including:

Law enforcement officers shall be guided by the principle of reverence for human life in all investigative, enforcement, and other contacts between officers and members of the public. When officers are called upon to detain or arrest a suspect who is uncooperative or actively resisting, may attempt to flee, poses a danger to others, or poses a danger to themselves, they should consider tactics and techniques that may persuade the suspect to voluntarily comply or may mitigate the need to use a higher level of force to resolve situation safely. The highest priority of California law enforcement is safeguarding the EPD has the following items: EPD does NOT have the following items:
 Drones
 Robotic Platform
 Incident Command Vehicles
 Armored Personnel Carriers
 Breaching Equipment
 Patrol and SWAT Rifles
 Flashbangs
 Long Range Acoustic Device
 40mm Launchers
 Mine-resistant ambush-protected
vehicles (MRAP)
 Humvees
 Tracked armored vehicles
 Weaponized aircraft, vessels, or
vehicles
 Firearms or ammunition of .50
caliber or greater
 Firearms designed to launch
explosive projectiles
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life, dignity, and liberty of all persons, with prejudice to anyone. Every person has a right to be free from excessive use of force by officers acting under color of law.

The acquisition and use of military equipment is intended to avoid the use of force whenever possible and when authorized, to use the least amount of force necessary.

Your action today, to adopt Ordinance No. 2026-16 an approve the Escondido Police Department Annual Military Equipment Report in accordance with state law requirements as set forth in AB481, will allow the Police Department to continue using this vital equipment in its mission to protect the community.

ORDINANCES
a. Ordinance No. 2026-16
b. Ordinance No. 202 6-16—Exhibit “A ”—Escondido Police Department Instruction 1.55, Military Equipment Use policy; including Appendix A and Exhibit 1 (Revised August 2026) 140
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ORDINANCE NO. 2026-16

AN ORDINANCE OF THE CITY COUNCIL OF THE

CITY OF ESCONDIDO, CALIFORNIA, APPROVING

AND ADOPTING THE ESCONDIDO POLICE

DEPARTMENT MILITARY EQUIPMENT USE POLICY

WHEREAS, on September 30, 2021, Governor Gavin Newsom signed into law Assembly Bill 481 to regulate the use of military equipment by law enforcement agencies; and WHEREAS, Assembly Bill 481, codified at California Government Code section 7070 et seq., requires law enforcement agencies to obtain approval of the applicable gov erning body, by an ordinance adopting a military equipment use policy, at a regular meeting held pursuant to open meeting laws, prior to taking certain actions relating to the funding, acquisition, or use of military equipment; and
WHEREAS, California Gove rnment Code section 7070 defines the terms “military equipment” and establishes the minimum requirements for a “military equipment use policy”; and WHEREAS, California Government Code section 7071 requires the governing body determine, prior to approving a military equipment use policy, the following:
a. The military equipment is necessary because there is no reasonable alternative that can achieve the same objective of officer and civilian safety; b. The proposed military equipment use policy will safeguard the public's welfare, safety, civil rights, and civil liberties;
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c. If purchasing the equipment, the equipment is reasonably cost effective compared to available alternatives that can achieve the same objective of officer and civilian safety ; d. Prior military equipment use complied with the military equipment use policy that was in effect at the time, or if prior uses did not comply with the accompanying military equipment use policy, corrective action has been taken to remedy nonconforming uses and ensure future compliance; and
WHEREAS, California Government Code section 7071 also requires a law enforcement agency make the proposed policy available on the agency’s internet website 30 days prior to a public hearing concerning military equipment and shall co mmence the governing body approval process by May 1, 2022; and
WHEREAS, the Escondido Police Department (“Department”) published the initial Department Instruction 1.55, Military Equipment Use Policy, on the Department’s internet website on March 14, 2022; and
WHEREAS, the Escondido Police Department, consistent with Government Code section 7072, posted the proposed renewed Military Equipment Use Policy, attached and incorporated herein as Exhibit “A”, on its internet website on July 23, 2026, and conducted a public meeting event on the proposed renewed policy in the Mitchell Room at City Hall on August 16, 2026.

NOW, THEREFORE, the City Council of the City of Escondido hereby ordains as follows:

SECTION 1. That the recitals set forth above are true and correct and are incorporated as though fully set forth herein.
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SECTION 2. That proper notices of a public hearing have been given and public hearings have been held before the City Council on this issue.

SECTION 3. The City Council has duly reviewed and considered all evidence submitted at said hearings, including, without limitation:
a. Written information;

b. Oral testimony from City staff, interested parties, and the public;

c. The current staff report dated August 26, 2026, which along with thei r attachments are incorporated herein by this reference as though fully set forth herein; and d. Additional information submitted during the Public Hearing.

SECTION 4. The City Council makes the following specific findings:

a. The City Council acknowledges the Department’s Use of Force Policy affirms, “The highest priority of California Law Enforcement is safeguarding the life, dignity, and liberty of all persons, without prejudice to anyone.”
b. The equipment included in the Department’s Military Equipment Use Policy, attached hereto as Exhibit “A”, are commonly used by Law Enforcement Agencies throughout the country to protect and serve the community as safely and efficiently as possible.
c. The equipment identified in the proposed Military Equipment Use Policy is necessary because there are no reasonable alternatives that can achieve the same objectives of officer and civilian safety.
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d. The proposed Military Equipment Use Policy will safeguard the public's welfare, safety, civil rights, and civil liberties.
e. The military equipment identified in the proposed Military Equipment Use Policy is reasonably cost effective compared to available alternatives that can achieve the same objective of officer and civilian safety.
f. Prior military equipment used by the Departm ent complied with the military equipment use policy that was in effect at the time.
g. The Department shall, within budgetary constraints, acquire, fund, and use replacement consumable supplies at levels listed as Authorized quantities in the proposed Military Equipment Use Policy to allow timely and cost -effective resupply of necessary equipment and supplies.
h. The Department shall, within budgetary constraints, replace old, broken, obsolete, worn, or damaged equipment, one for one, so long as the replacement e quipment provides similar uses, characteristics and capabilities, and will not significantly change or impact the public’s welfare, safety, civil rights or civil liberties. i. The Department shall seek and apply for local, state, or federal funding, typically grants, and shall continue the traditional practice of notifying the City Council when the Department succeeds in obtaining additional funding through the budget adjustment process.
j. The Department’s Military Equipment Use Policy is hereby approved and adopted.

SECTION 5. SEPARABILITY. If any section, subsection sentence, clause, phrase or portion of this ordinance is held invalid or unconstitutional for any reason by any court of competent 144
Item10.
jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portions.

SECTION 6. That as of the effective date of this ordinance, all ordinances or parts of ordinances in conflict herewith are hereby repealed.

SECTION 7. That the City Clerk is hereby directed to certify to the passage of this ordinance and to cause the same or a summary to be published one time within 15 days of its passage in a newspaper of general circulation for the City of Escondido.

SECTION 8. This Ordinance shall take effect and be in force on the thirtieth (30th) day from and after its final passage.
145
Item10.

ESCONDIDO POLICE DEPARTMENT INSTRUCTION DATE: 08-26-26 NO: 1.55 ADMINISTRATION TO: ALL PERSONNEL SUBJ
ECT: MILITARY EQUIPMENT USE POLICY
OR
IGIN: CHIEF OF POLICE RETAI
N: UNTIL FURTHER NOTICE
I. PURPOSE
This
policy establishes guidelines for the acquisition, funding, use and reporting of “military equipment,” as the term is defined in Government Code section 7070. This policy is provided to fulfill the obligations set forth in Assembly Bill No. 481 (“AB 481”). These obligations include but are not limited to seeking approval on specific items deemed to be military equipment and requirements related to compliance, annual reporting, cataloging, and complaints regarding these items.

II. OVERVI EW
The E
scondido Police Department utilizes military equipment in its mission to protect the community through exceptional police service. This equipment is acquired with careful consideration and intention. Military equipment is acquired and authorized when there is no reasonable alternative that c an achieve officer and civilian safety. AB 481 provides important public information and input regarding how military equipment is funded, acquired, and used.

III. POLICY
It is th
e policy of the Escondido Police Department that there are legally enforceable safeguards, including transparency, oversight, and accountability measures in place to protect the public’s welfare, safety, civil rights, and civil liberties before military equipment is funded, acquired, or used.

IV. DEFINITIONS
A. California Government Code section 7070 defines “Military Equipment” as:

1. Unmanned, remotely piloted, powered aerial or ground vehicles.

2. Mine-resistant ambush -protected (MRAP) vehicles or armored personnel carriers. However, police versions of standard consumer vehicles are specifically excluded from this subdivision.

3. High mobility multipurpose wheeled vehicles (HMMWV), commonly referred to as Humvees, two and one- half-ton trucks, five-ton trucks, or Ordinance No. 2026-16
Exhibit "A"

Page 1 of 51 ends

Escondido City CouncilAugust 26, 2026

Escondido City Council
August 26, 2026