City of Hesperia ATTACHMENT 1
Investment Report
Unaudited
August 31, 2025
Institution/ Interest Date of Date of Par Value Market
Type of Investment Fiscal Agent Account
Rate Purchase Maturity at Maturity Value Description
Investments under the direction of the City:
Local Agency Investment Funds State of Calif. 4.251% 31-Aug-25 Demand $ 104,374,233.25 104,374,233.25 104,374,233.25 Local Bank Checking Accounts U.S. Bank n/a 31-Aug-25 Demand 17,709,663.56 17,709,663.56 17,709,663.56 Total Unaudited Investments under the direction of the City $ 122,083,896.81 $ 122,083,896.81 $ 122,083,896.81 Investments under the direction of fiscal agents:
2012 Lease Revenue Bonds US Bank 0.355% 31-Aug-25 Demand 756.67 756.67 756.67 2012 - Water Rights Revenue Fund 2012 Lease Revenue Bonds US Bank 0.000% 31-Aug-25 Demand 2012 - Water Rights Interest Fund 2012 Lease Revenue Bonds US Bank 0.356% 31-Aug-25 Demand 1,511,876.55 1,511,876.55 1,511,876.55 2012 - Water Rights Reserve Fund 2012 Lease Revenue Bonds US Bank 0.356% 31-Aug-25 Demand 1,066.13 1,066.13 1,066.13 2012 - Water Rights Surplus Revenue Fund 2023 Refunding Lease Revenue Bonds US Bank 0.318% 31-Aug-25 Demand 280.36 280.36 280.36 2023 Refunding Lease Revenue Bonds Revenue Fund 2023 Refunding Lease Revenue Bonds US Bank 0.322% 31-Aug-25 Demand 18.68 18.68 18.68 2023 Refunding Lease Revenue Interest Funds 2024 CFD 2005-1 Refunding US Bank 0.320% 31-Aug-25 Demand 1,237,750.00 1,237,750.00 1,237,750.00 2024 CFD 05-1 - Bond Fund 2024 CFD 2005-1 Refunding US Bank 0.320% 31-Aug-25 Demand 1,269,999.21 1,269,999.21 1,269,999.21 2024 CFD 05-1 - Reserve Fund Deposits - Workers Comp PERMA n/a 31-Aug-25 n/a 995,111.37 995,111.37 995,111.37 GL 1352 Sully Miller Retention - Ranchero US Bank 0.000% 31-Ag-25 n/a 1.08 1.08 1.08 City of Hesperia Stabalized Trust Ranchero Road - Escrow Account Charles Schwab n/a 31-Aug-25 n/a 4,912,860.75 4,912,860.75 4,912,860.75 City Pension City of Hesperia OPEB Trust Charles Schwab n/a 31-Aug-25 n/a 903,860.24 903,860.24 903,860.24 City OPEB Hesperia Fire Protection PST Charles Schwab n/a 31-Aug-25 n/a 1,584,752.81 1,584,752.81 11584,752.81 Fire Pension City of Hesperia Settlement Escrow Account US Bank 0.000% 31-Aug-25 n/a Settlement Escrow Account Total Unaudited Investments under the direction of fiscal agents 12,418,333.85 $ 12,418,333.85 $ 12,418,333.85 Please Note: All market value data is provided courtesy of the City's fiscal agent, US Bank.
I certify that this investment portfolio is in compliance with the statement of investment policy of the City of Hesperia and the investment program provides sufficient liquidity to meet expenditure requirements for the next six months, as required by the California Government Code sections 53646(b) (2) and (3), respectively. * Note: 2005 Certificates of Participation began in May 2005 for the finacing of the Civic Plaza.
Marc Morales, Senior Accountant
Invostment - City
Successor Agency to the Redevelopment Agency ATTACHMENT 2 Investment Report
Unaudited
August 31, 2025
Issuer/ Interest Date of Date of Par Value Book Market Account Type of Investment Institution Rate Purchase Maturity at Maturity Value Value Description Investments under the direction of the City:
Local Agency Investment Funds State of Calif. 4.251% 31-Aug-25 Demand 488,598.00 488,598.00 488,598.00 Local Bank Checking Accounts U.S. Bank 31-Aug-25 Demand 82,902.71 82,902.71 82.902.71 Total Unaudited Investments under the direction of the City 571,500.71 571,500.71 571,500.71 Investments under the direction of fiscal agents:
2018 Refunding Bonds 31-Aug-25 2018A & 2018B - Debt Service Account 2018 Refunding Bonds US Bank 31-AUg-25 1,776,417.85 1,776,417.85 2018A & 2018B - Interest Account 2018 Refunding Bonds US Bank 31-Aug-25 2018A & 2018B - Reserve Account Total Unaudited Investments under the direction of fiscal agents 1,776,429.99 $ 1,776,429.99 $ 1,776,429.99 Please Note: All market value data is provided courtesy of the City's fiscal agent US Bank.
The 2018 Refunding Bonds are supported by a $9,799,443.76 bond insurance policy.
I certify that this investment portfolio is in compliance with the statement of investment policy of the City of Hesperia and the investment program provides sufficient liquidity to meet expenditure requirements for the next six months, as required by the California Government Code sections 53646(b)(2) and (3), respectively. "Note: The 2005 and 2007 Series Bonds were refinanced to 2018 Series Bonds in November 2018. Marc Morales, Senior Accountant Investment - SA
Hesperia Housing Authority ATTACHMENT 3
Investment Report
Unaudited
August 31, 2025
Interest Date of Date of Par Value Book Market
Type of Investment Institution Rate Purchase Maturity at Maturity Value Value Investments under the direction of the City:
Local Agency Investment Funds State of California 4.251% 31-Aug-25 Demand 5,521,627.58 5,521,627.58 Local Bank Checking Accounts 5,521,627.58
U.S. Bank 31-Aug-25 Demand 936,880.34 936,880.34 936,880.34 Total Unaudited Investments under the direction of the City 6,458,507.92 $ 6,458,507.92 6,458,507.92 I certify that this investment portfolio is in compliance with the statement of investment policy of the City of Hesperia and the investment program provides sufficient liquidity to meet expenditure requirements for the next six months, as required by the California Government Code sections 53646(b)(2) and (3), respectively.
Marc Morales, Senior Accountant
Investment - HHA
Hesperia Community Development Comission ATTACHMENT 4
Investment Report
Unaudited
August 31, 2025
Issuer/ Interest Date of Date of Par Value Book Market
Type of Investment Institution Rate Purchase Maturity at Maturity Value Value Investments under the direction of the City:
Local Agency Investment Funds State of California 4.251% 31-Aug-25 Demand 3,126,714.24 3,126,714.24 3,126,714.24 Local Bank Checking Accounts U.S. Bank 31-Aug-25 Demand 530,524.21 530,524.21 530,524.21 Total Unaudited Investments under the direction of the City 3,657,238.45 $ 3,657,238.45 $ 3,657,238.45 I certify that this investment portfolio is in compliance with the statement of investment policy of the City of Hesperia and the investment program provides sufficient liquidity to meet expenditure requirements for the next six months, as required by the California Government Code sections 53646(b)(2) and (3), respectively.
Marc Morales, Senior Accountant
Investment - CDC
Hesperia Water District ATTACHMENT 5
Investment Report
Unaudited
August 31, 2025
Issuer/ Interest Date of Date of Par Value Book Market Account Type of Investment Institution Rate Purchase Maturity at Maturity Value Value Description Investments under the direction of the City:
Local Agency Investment Funds State of California 31-Aug-25 $ 36,487,482.81 36,487,482.81 Local Bank Checking Accounts 36,487,482.81
Total Unaudited Investments under the direction of the cly 31-Aug-25 Demand 6,191,001.60 6,191,001.60 6,191,001.60 $ 42,678,484.41 42,678,484.41 $ 42,678,484.41
Investments under the direction of fiscal agents:
Hesperia Water District PST Charles Schwab 31-Aug-25 1,355,274.22 1,355,274.22 Hesperia Water District OPEB Charles Schwab 1,355,274.22 HWD Pension 31-Aug-25 272,186.32 272,186.32 272,186.32 HWD OPEB
Deposits - Workers' Comp PERMA 31-Aug-25 1,205,782.88 1,205,782.88 1,205,782.88 GL 1352 Total Unaudited Investments under the direction of fiscal agents 2,833,243.42 $ 2,833,243.42 $ 2,833,243.42 Please Note: All market value data is provided courtesy of the City's fiscal agent, US Bank.
I certify that this investment portfolio is in compliance with the statement of investment policy of the City of Hesperia and the investment program provides sufficient liquidity to meet expenditure requirements for the next six months, as required by the California Government Code sections 53646(b)(2) and (3), respectively.
Marc Morales, Senior Accountant
Investment -ENT
Hesperia Golf and Country Club ATTACHMENT 6
Consolidated Income Statement - Unaudited
August 2025
Aug 25 Oct 24-Aug 25
Income
General & Administrative 394.67 2,918.46
Course 126,517.50 1,047,822.30
Carts 2,935.00 20,513.00
Proshop 6,228.26 60,566.65
Food & Beverage 23,404.49 216,781.47
Total Income 159,479.92 1,348,601.88
Proshop 3,900.46 36,819.73
Food & Beverage 10,693.41 84,473.91
Cost of Goods Sold 14,593.87 121,293.64
Gross Profit 144,886.05 1,227,308.24
Expense
50000 • Payroll Expenses
General & Administrative 12,976.69 144,335.87
Course 34,157.50 344,463.40
Carts 9,665.75 92,550.60
Proshop 9,522.00 94,115.46
Food & Beverage 4,795.70 52,429.69
Total 50000 • Payroll Expenses 71,117.64 727,895.02
60000 • Operating Expenses
General & Administrative 13,280.49 165,257.19
Course 52,776.64 349,799.78
Carts 11,283.74 101,088.99
Proshop 63.59 6,100.18
Food & Beverage 623.66 9,622.03
Total 60000 • Operating Expenses 78,028.12 631,868.17
Total Expense 149,145.76 1,359,763.19
Net Income -4,259.71 -132,454.95
Information Provided by Donovan Bros Golf, LLC