Type of Investment
Investments under the direction of the Ci
Institution/
Fiscal Agent
Interest
Rate
Local Agency Investment Funds State of Calif. 4.025%
Local Bank Checking Accounts U.S. Bank n/a
City of Hesperia
Investment Report
Unaudited
December 31, 2025
Date of Date of
Purchase Maturity
Par Value
at Maturity
31-Dec-25 Demand $ 105,493,105.74
31-Dec-25 Demand 18,491,179.58
Book
Value
105,493,105.74
18,491,179.58
Market
Value
105,493,105.74
18,491,179.58
Total Unaudited Investments under the direction of the City $ 123,984,285.32 $ 123,984,285.32 $ 123,984,285.32 Investments under the direction of fiscal aaents:
2012 Lease Revenue Bonds US Bank 0.286% 31-Dec-25 Demand 413.13 413.13 413.13 2012 Lease Revenue Bonds US Bank 0.317% 31-Dec-25 Demand 65,095.72 65,095.72 65,095.72 2012 Lease Revenue Bonds US Bank 0.317% 31-Dec-25 Demand 1,466,799.39 1,466,799.39 1,466,799.39 2012 Lease Revenue Bonds US Bank 0.317% 31-Dec-25 Demand 1,832.24 1,832.24 1,832.24 2023 Refunding Lease Revenue Bonds US Bank 0.264% 31-Dec-25 Demand 930.44 930.44 930.44 2023 Refunding Lease Revenue Bonds US Bank 0.000% 31-Dec-25 Demand 33.89 33.89 33.89 2023 Refunding Lease Revenue Bonds US Bank 0.000% 31-Dec-25 Demand 116.50 116.50 116.50 2024 CFD 2005-1 Refundinq US Bank 0.283% 31-Dec-25 Demand 1,006.70 1,006.70 1,006.70 2024 CFD 2005-1 Refundina US Bank 0.282% 31-Dec-25 Demand 139,918.56 139,918.56 139,918.56 2024 CFD 2005-1 Refunding US Bank 0.304% 31-Dec-25 Demand 1,138,030.25 1,138,030.25 1,138,030.25 Deposits - Workers' Comp PERMA n/a 31-Dec-25 n/a 987,995.04 987,995.04 987,995.04 Sully Miller Retention - Ranchero US Bank 0.000% 31-Dec-25 n/a 1.08 1.08 1.08 City of Hesperia Stabalized Trust Chartes Schwab n/a 31 -Dec-25 n/a 5 ,137,686.99 5,137,686.99 5,137,686.99 City of Hesperia OPEB Trust Chartes Schwab n/a 31-Dec-25 n/a 945,251.10 945,251.10 945,251.10 Hesperia Fire Protection PST Chartes Schwab n/a 31-Dec-25 n/a 1 ,657,1 50.58 1,657,150.58 1,657,150.58 Total Unaudited Investments under the direction of fiscal agents $ 11,542,261.61 $ 11,542,261.61 $ 11,542,261.61 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 or Participation began in May 2005 ror the finacing or the Civic Plaza.
Account
Description
2012 - Water Rights Revenue Fund
2012 - Water Riqhts Interest Fund
2012 - Water Rights Reserve Fund
2012 - Water Rights Surplus Revenue Fund
ATTACHMENT 1
2023 Refunding Lease Revenue Bonds Revenue Fund
2023 Refunding Lease Revenue Interest Funds
2023 Refunding Lease Revenue Interest Funds
2024 CFD 05-1 - Soecial Tax Fund
2024 CFD 05-1 - Bond Fund
2024 CFD 05-1 - Reserve Fund
GL 1352
Ranchero Road - Escrow Account
City Pension
CityOPEB
Fire Pension
Marc Morales, Senior Accountant
Investment - City
Issuer/
Type of Investment Institution
Investments under the direction of the Cit :
Local Agency Investment Funds State of Calif.
Local Bank Checking Accounts U.S. Bank
Success or Agency to the Redevelopment Agency
Investment Report
Unaudited
December 31, 2025
Interest Date of Date of Par Value Book
Rate Purchase Maturity at Maturity Value
4.025% 31-Dec-25 Demand $ 2,838,794.02 $ 2,838,794.02
n/a 31-Dec-25 Demand 497,593.18 4 97,593.18
Total Unaudited Investments under the direction of the City $ 3,336,387.20 $ 3,336,387.20 Investments under the direction of fiscal agents:
2018 Refunding Bonds US Bank 3.591% 31 -Dec-25 Demand 11 .14 11 .14 2018 Refunding Bonds US Bank 0.317% 31-Dec-25 D emand 9,431.30 9,431.30 2018 Refunding Bonds US Bank 0.000% 31-Dec-25 Demand 1.00 1.00 $
Total Unaudited Investments under the drrectron of fiscal agents $ 9,443.44 $ 9,443.44 $ 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, ATTACHMENT 2
Market Account
Value Description
2,838,794.02
497,593.18
3,336,387.20
11.14 2018A & 2018B - Debt Service Account
9,431.30 2018A & 2018B - Interest Account
1.00 2018A & 2018B - Reserve Account
9,443.44
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
Type of Investment
Issuer/
Institution
Investments under the direction of the City:
Hesperia Housing Authority
Investment Report
Unaudited
December 31, 2025
Interest Date of Date of
Rate Purchase Maturity
Par Value
at Maturity
Book
Value
ATTACHMENT 3
Market
Value
Local Agenc Investment Funds State of California 4.025% 31-Dec-25 Demand $ 5,620,185.90 5,620,185.90 5,620,185.90 Local Bank Checking Accounts U.S. Bank n/a 31-Dec-25 Demand 985,124.72 985,124.72 985,124.72 Total Unaudited Investments under the direction of the City $ 6,605,310.62 $ 6,605,310.62 $ 6,605,310.62 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
Investment Report
Unaudited
Type of Investment
Issuer/
Institution
Investments under the direction of the City:
December 31, 2025
Interest
Rate
Date of Date of
Purchase Maturity
Local Agency Investment Funds State of California 4.025% 31-Dec-25 Demand Local Bank Checking Accounts U.S. Bank n/a 31-Dec-25 Demand Total Unaudited Investments under the direction of the City Par Value
at Maturity
$ 3,140,932.69
550,553.04
$ 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.
ATTACHMENT 4
Book
Value
3,140,932.69
550,553.04
3,691,485.73 $
Market
Value
3,140,932.69
550,553.04
3,691,485.73
Marc Morales, Senior Accountant
Investment - CDC
Type of Investment
Investments under the direction of the City:
Issuer/
Institution
Hesperia Water District
Investment Report
Unaudited
December 31, 2025
Interest Date of Date of
Rate Purchase Maturity
Par Value
at Maturity
Book
Value
Market
Value
Local Agenc Investment Funds State of California 4.025% 31-Dec-25 Demand $ 32,905,492.16 32,905,492.16 32,905,492.1 6 Local Bank Checking Accounts U.S. Bank n/a 31-Dec-25 Demand 5,767,783.22 5,767,783.22 5,767,783.22 Total Unaudited Investments under the direction of the City $ 38,673,275.38 $ 38,673,275.38 $ 38,673,275.38 Investments under the direction of fiscal agents:
Hesperia Water District PST Charles Schwab n/a 31-Dec-25 n/a 1,417,259.13 1,417,259.13 1,417,259.13 Hesperia Water District OPEB Charles Schwab n/a 31-Dec-25 n/a 284,613.63 284,613.63 284,613.63 Deposits - Workers' Comp PERMA n/a 31-Dec-25 n/a 1 ,041 ,561.53 1,041,561.53 1,041,561.53 Total Unaudited Investments under the d1rect1on of fiscal agents $ 2,743,434.29 $ 2,743,434.29 $ 2,743,434.29 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.
ATTACHMENT 5
Account
Description
HWD Pension
HWD OPEB
GL 1352
Marc Morales, Senior Accountant
Investment - ENT
Hesperia Golf and Country Club
Consolidated Income Statement - Unaudited
December 2025
Dec25
Income
General & Administrative 295.07
Course 92,954.00
Carts 1,474.00
Proshop 4,765.99
Food & Beverage 21,944 .10
Total Income 121,433.16
Proshop 2,800.48
Food & Beverage 5,385.50
Cost of Goods Sold 8,185.98
Gross Profit 113,247.18
Expense
50000 • Payroll Expenses
General & Administrative 13,925.19
Course 33,087.40
Carts 8,067.43
Proshop 7,505.62
Food & Beverage 4,677.62
Total 50000 • Payroll Expenses 67,263 .26
60000 • Operating Expenses
General & Administrative 16,211 .06
Course 25,665.68
Carts 11,295.47
Proshop 350.68
Food & Beverage 2,070 .95
Total 60000 • Operating Expenses 55,593 .84
Total Expense 122,857.10
Net Income -9,609.92
ATTACHMENT 6
Oct-Dec 25
937.49
316,086 .01
5,059.00
17,338.70
57,430.09
396,851.29
11,019 .82
19,313.28
30,333 .10
366,518.19
46,174 .03
111,681 .86
27,498 .21
27,346 .84
16,334.73
229,035.67
41 ,690.07
79,579.13
28,900.40
1,510.96
2,884 .63
154,565.19
383,600.86
-17,082.67
Information Provided by Donovan Bros Golf, LL
Animal Control Donation Trust
Cash Flow Summary - Unaudited
December 31, 2025
Beginning Balance (December 1, 2025)
Activity During Month:
Donations Received
Fees Paid (HDCF Administrative Fees)
Net Change in Balance
Ending Balance (December 31, 2025)
ATTACHMENT?
$ 101,195
2,070
(105)
1,965
$ 103,161
Information Provided by High Desert Commun ity Foundation