City of Hesperia ATTACHMENT 1
Investment Report
Unaudited
November 30, 2025
Institution/ Interest Date of Date of Par Value Book Market Type of Investment Fiscal Agent Account
Purchase Maturity at Maturity Value Value Description
Investments under the direction of the City:
Local Agency Investment Funds State of Calif 4.096% 30-Nov-25 Local Bank Checking Accounts U.S. Bank 30-Nov-25 Demand 13,917,850.05 13,917,850.05 13,917,850.05 Total Unaudited Investments under the direction of the City $ 119,045,003.14 $ 119,045,003.14 $ 119,045,003.14 Investments under the direction of fiscal agents:
2012 Lease Revenue Bonds US Bank 0.000% Demand 206.13 206.13 206.13 2012 - Water Rights Revenue Fund 2012 Lease Revenue Bonds US Bank 0.316%
Demand 65,095.72 65,095.72 65,095.72 2012 - Water Rights Interest Fund 2012 Lease Revenue Bonds US Bank 0.339% 30-Nov-25 Demand 1,462,164.71 1,462,164.71 1,462,164.71 2012 - Water Rights Reserve Fund 2012 Lease Revenue Bonds US Bank 0.330% 30-Nov-25 Demand 1,826.45 1,826.45 2012 - Water Rights Surplus Revenue Fund 2023 Refunding Lease Revenue Bonds 1,826.45
US Bank 0.302% 30-Nov-25 Demand 927.99 927.99 927.99 2023 Refunding Lease Revenue Bonds Revenue Fund 2023 Refunding Lease Revenue Bonds US Bank 0.320% 30-Nov-25 Demand 38.98 38.98 38.98 2023 Refunding Lease Revenue Interest Funds 2024 CFD 2005-1 Refunding US Bank 0.305% 30-Nov-25 Demand 1,003.86 1,003.86 1,003.86 2024 CFD 2005-1 Refunding 0.285% 2024 CFD 05-1 - Special Tax Fund US Bank 30-Nov-25 Demand 139,524.44 139,524.44 139,524.44 2024 CFD 05-1 - Bond Fund 2024 CFD 2005-1 Refunding US Bank 0.304% 30-Nov-25 Demand 1,136,590.90 1,136,590.90 Deposits - Workers' Comp 1,136,590.90 2024 CFD 05-1 - Reserve Fund PERMA n/a 30-Nov-25 n/a 987,995.04 987,995.04 987,995.04 GL 1352 Sully Miller Retention - Ranchero US Bank 0.000% 30-Nov-25 n/a 1.08 1.08 1.08 Ranchero Road - Escrow Account
City of Hesperia Stabalized Trust Charles Schwab n/a 30-Nov-25 n/a 5,109,512.08 5,109,512.08 5,109,512.08 City Pension City of Hesperia OPEB Trust Charles Schwab n/a 30-Nov-25 n/a 940,088.45 940,088.45 City OPE 940,088.45
Hesperia Fire Protection PST Charles Schwab 30-Nov-25 | n/a 1,648,084.61 1,648,084.61 1,648,084.61 Fire Pension
Total Unaudited Investments under the direction of fiscal agents $ 11,493,060.44 $ 11,493,060.44 $ 11,493,060.44 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 Cortificates of Participation began in May 2005 for the finacing of the Civic Plaza.
Marc Morales, Senior Accountant
Investment - City
Successor Agency to the Redevelopment Agency ATTACHMENT 2 Investment Report
Unaudited
November 30, 2025
Issuer/ Interest Date of Date of Par Value Book Market Account Type of investment Institution Purchase Maturity at Maturity Value Value Description Investments under the direction of the City:
Local Agency Investment Funds State of Calit. 30-Nov-25 Demand 522,459.46 522,459.46 522,459.46 Local Bank Checking Accounts U.S. Bank 30-Nov-25 Demand 69,168.74 69,168.74 69,168.74 Total Unaudited Investments under the direction of the City 591,628.20 591,628.20 $ 591,628.20 Investments under the direction of fiscal agents:
2018 Refunding Bonds US Bank 3.591% 30-Nov-25 Demand 11.14 11.14 11.14 2018A & 2018B - Debt Service Account 2018 Refunding Bonds US Bank 0.341% 30-Nov-25 Demand 9,401.39 9,401.39 9,401.39 2018A & 2018B - Interest Account US Bank 0.000% 30-Nov-25 Demand 1.00 1.00 1.00 2018A & 2018B - Reserve Account 2018 Refunding Bonds Total Unaulled investments under the direction of fiscal agents 9,413.53 $ 9,413.53 $ 9,413.53
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
November 30, 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 30-Nov-25 Demand $ 5,837,183.90 5,837,183.90 5,837,183.90 Local Bank Checking Accounts U.S. Bank 30-Nov-25 Demand 772,788.46 772,788.46 772,788.46 Total Unaudited Investments under the direction of the City 6,609,972.36 $ 6,609,972.36 $ 6,609,972.36 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
November 30, 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 30-Nov-25 Demand 3,259,904.87 3,259,904.87 3,259,904.87 Local Bank Checking Accounts U.S. Bank 30-Nov-25 Demand 431,580.86 431,580.86 431,580.86 Total Unaudited Investments under the direction of the City 3,691,485.73 $ 3,691,485.73 $ 3,691,485.73 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
November 30, 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 4.096% 30-Nov-25 Demand $ 35,251,809.18 35,251,809.18 35,251,809.18 Local Bank Checking Accounts U.S. Bank 30-Nov-25 Demand 4,667,009.23 4,667,009.23 4,667,009.23 Total Unaudited Investments under the direction of the City $ 39,918,818.41 $ 39,918,818.41 $ 39,918,818.41 Investments under the direction of fiscal agents:
Hesperia Water District PST Charles Schwab 30-Nov-25 n/a 1,409,466.38 1,409,466.38 1,409,466.38 HWD Pension Hesperia Water District OPEB Charles Schwab 30-Nov-25 n/a 283,051.58 283,051.58 283,051.58 HWD OPEB Deposits - Workers' Comp PERMA 30-Nov-25 n/a 1,041,561.53 1,041,561.53 1,041,561.53 GL 1352 Total Unaudited Investments under the direction of fiscal agents 2,734,079.49 $ 2,734,079.49 $ 2,734,079.49 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
Information Provided by Donovan Bros Golf, LLC
-7,472.75 7,728.45 Net Income
260,743.76 106,063.55 Total Expense
98,971.35 45,634.31 Total 60000 • Operating Expenses
813.68 511.85 Food & Beverage
1,160.28 0.00 Proshop
17,604.93 8,353.24 Carts
53,913.45 24,902.78 Course
25,479.01 11,866.44 General & Administrative
60000 • Operating Expenses
161,772.41 60,429.24 Total 50000 • Payroll Expenses
11,657.11 4,484.53 Food & Beverage
19,841.22 7,237.35 Proshop
19,430.78 6,783.77 Carts
78,594.46 29,232.41 Course
32,248.84 12,691.18 General & Administrative
50000 - Payroll Expenses
Expense
253,271.01 113,792.00 Gross Profit
22,147.12 10,760.97 Cost of Goods Sold
13,927.78 6,225.86 Food & Beverage
8,219.34 4,535.11 Proshop
275,418.13 124,552.97 Total Income
35,485.99 15,415.24 Food & Beverage
12,572.71 5,244.06 Proshop
3,585.00 1,650.00 Carts
223,132.01 101,910.01 Course
642.42 333.66 General & Administrative
income
Oct-Nov 25 Nov 25
November 2025
Consolidated Income Statement - Unaudited
ATTACHMENT 6 Hesperia Golf and Country Club
Information Provided by High Desert Community Foundation 101,195 $ Ending Balance (November 31, 2025)
12,598 Net Change in Balance
(664) Fees Paid (HDCF Administrative Fees)
13,262 Donations Received
Activity During Month:
88,597 Adjusted Beginning Balance (November 1, 2025)
(1,063) Adjustments (record insurance payment & 3rd Qtr. fees) 89,660 $ Beginning Balance (November 1, 2025)
November 30, 2025
Cash Flow Summary - Unaudited
Animal Control Donation Trust
ATTACHMENT 7