City of Hesperia ATTACHMENT 1
Investment Report
Unaudited
February 28, 2026
Institution/ Interest Date of Date of Par Value Book Market Account Type of Investment Fiscal Agent Purchase Maturity at Maturity Value Value Description Investments under the direction of the City:
Local Agency Investment Funds State of Calif. 28-Feb-26 Demand $ 106,842,395.87 106,842,395.87 106,842,395.87 Local Bank Checking Accounts U.S. Bank 28-Feb-26 Demand 22,019,594.25 22,019,594.25 22,019,594.25 Total Unaudited Investments under the direction of the City $ 128,861,990.12 $ 128,861,990.12 $ 128,861,990.12 Investments under the direction of fiscal agents:
2012 Lease Revenue Bonds US Bank 0.293% 28-Feb-26 Demand 819.10 819.10 819.10| 2012 - Water Rights Revenue Fund 2012 Lease Revenue Bonds US Bank 0.305% 28-Feb-26 Demand 65,095.72 65,095.72 65,095.72 2012 - Water Rights Interest Fund 2012 Lease Revenue Bonds US Bank 0.304% 28-Feb-26 Demand 1,475,889.39 1,475,889.39 1,475,889.39 2012 - Water Rights Reserve Fund 2012 Lease Revenue Bonds US Bank 0.305% 28-Feb-26 Demand 1,843.59 1,843.59 1,843.59 2012 - Water Rights Surplus Revenue Fund 2023 Refunding Lease Revenue Bonds US Bank 0.269% 28-Feb-26 Demand 935.53 935.53 2023 Refunding Lease Revenue Bonds Revenue Fund 935.53
2023 Refunding Lease Revenue Bonds US Bank 0.265% 28-Feb-26 Demand 34.07 34.07 2023 Refunding Lease Revenue Bonds US Bank 0.265% 28-Feb-26 Demand 117.13 117.13 12101 202 Reming es Revenue heret Funds 2023 Refunding Lease Revenue Interest Funds 2024 CFD 2005-1 Refunding US Bank 0.269% 28-Feb-26 Demand 1,012.21 1,012.21 1,012.21 2024 CFD 05-1 - Special Tax Fund 2024 CFD 2005-1 Refunding US Bank 0.269% 28-Feb-26 Demand 259,252.56 259,252.56 259,252.56 2024 CFD 05-1 - Bond Fund 2024 CFD 2005-1 Refunding US Bank 0.277% 28-Feb-26 Demand 1,140,825.41 1,140,825.41 1,140,825.41 2024 CFD 05-1 - Reserve Fund Deposits - Workers' Comp PERMA n/a 28-Feb-26 n/a 987,995.04 987,995.04 987,995.04 GL 1352 Sully Miller Retention - Ranchero US Bank 0.000% 28-Feb-26 n/a 1.08 1.08 1.08 Ranchero Road - Escrow Account City of Hesperia Stabalized Trust Charles Schwab n/a 28-Feb-26 n/a 5,340,460.52 5,340,460.52 5,340,460.52 City Pension City of Hesperia OPEB Trust Charles Schwab n/a 28-Feb-26 982,506.53 982,506.53 982,506.53 City OPEB Hesperia Fire Protection PST Charles Schwab n/a 28-Feb-26 n/a 1,722,471.31 1,722,471.31 1722,471.31 Fire Pension Total Unaudited Investments under the direction of fiscal agents $ 11,979,259.19 $ 11,979,259.19 $ 11,979,259.19 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 nd the investment program provides sufficient liquidity to meet expenditure requirements for the next six month ; required by the California Government Code sections 53646(b)(2) and (3), respectivel * Note: 2005 Certificates 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
February 28, 2026
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. 3.871% 28-Feb-26 Demand $ 1,380,382.44 $ 1,380,382.44 1,380,382.44 Local Bank Checking Accounts U.S. Bank 28-Feb-26 Demand 284,488.77 284,488.77 284,488.77 Total Unaudited Investments under the direction of the City $ 1,664,871.21 $ 1,664,871.21 $ 1,664,871.21 Investments under the direction of fiscal agents:
2018 Refunding Bonds US Bank 3.591% 28-Feb-26 Demand 11.14 11.14 11.14 2018A & 2018B - Debt Service Account 2018 Refunding Bonds US Bank 0.305% 28-Feb-26 Demand 1,695,025.80 1,695,025.80 1,695,025.80 2018A & 2018B - Interest Account 2018 Refunding Bonds US Bank 0.000% 28-Feb-26 Demand _ 2018A & 2018B - Reserve Account Total Unaudited Investments under the direction of fiscal agents 1,695,037.94 $ 1,695,037.94 $ 1,695,037.94 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
February 28, 2026
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 3.871% 28-Feb-26 Demand $ 5,599,971.95 5,599,971.95 5,599,971.95 Local Bank Checking Accounts U.S. Bank 28-Feb-26 Demand 1,154,121.54 1,154,121.54 1,154,121.54 Total Unaudited Investments under the direction of the City $ 6,754,093.49 $ 6,754,093.49 $ 6,754,093.49 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
February 28, 2026
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 3.871% 28-Feb-26 Demand $ 3,089,136.98 3,089,136.98 3,089,136.98 Local Bank Checking Accounts U.S. Bank n/a 28-Feb-26 Demand 636,653.10 636,653.10 636,653.10 Total Unaudited Investments under the direction of the City $ 3,725,790.08 $ 3,725,790.08 $ 3,725,790.08 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
February 28, 2026
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 Demand $33,086,595.94 33,086,595.94 33,086,595.94 Local Bank Checking Accounts U.S. Bank 28-Feb-26 6,818,954.33 6,818,954.33 Total Unaudited Investments under the direction of the City $ 39,905,550.27 $ 39,905,550.27 $ 39,905,50.27 Investments under the direction of fiscal agents:
Hesperia Water District PST Charles Schwab 28-Feb-26 n/a 1,473,095.07 1,473,095.07 1,473,095.07 HWD Pension Hesperia Water District OPEB Charles Schwab 28-Feb-26 n/a 295,792.85 295,792.85 295,792.85 HWD OPEB Deposits - Workers' Comp 28-Feb-26 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 2,810,449.45 $ 2,810,449.45 $ 2,810,449.45 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 ATTACHMENT6
Consolidated Income Statement - Unaudited
February 2026
Feb 26 Oct 25-Feb 26
Income
General & Administrative 281.37 1,487.78
Course 78,905.00 494,479.01
Carts 2,010.00 8,864.00
Proshop 5,111.31 26,957.08
Food & Beverage 14,930.60 91,408.28
Total Income 101,238.28 623,196.15
Proshop 2,526.11 16,687.87
Food & Beverage 5,984.05 32,648.00
Cost of Goods Sold 8,510.16 49,335.87
Gross Profit 92,728.12 573,860.28
Expense
50000 - Payroll Expenses
General & Administrative 12,478.12 71,609.92
Course 33,124.40 176,744.29
Carts 8,387.13 43,027.62
Proshop 7,577.35 42,105.58
Food & Beverage 4,574.95 25,474.68
Total 50000 • Payroll Expenses 66,141.95 358,962.09
60000 • Operating Expenses
General & Administrative 17,067.19 72,771.97
Course 35,627.96 142,389.36
Carts 8,273.31 46,260.63
Proshop 388.93 2,270.32
Food & Beverage 6,561.84 9,962.81
Total 60000 • Operating Expenses 67,919.23 273,655.09
Total Expense 134,061.18 632,617.18
Net Income -41,333.06 -58,756.90
Information Provided by Donovan Bros Golf, LLC
ATTACHMENT 7
Animal Control Donation Trust
Cash Flow Summary - Unaudited
February 28, 2026
Beginning Balance (February 1, 2026) $ 103,400
Adjustments (record donation & fees) (782)
Adjusted Beginning Balance (February 1, 2026) 102,618
Activity During Month:
Donations Received 150
Fees Paid (HDCF Administrative Fees) (10)
Net Change in Balance 140
Ending Balance (February 28, 2026) $ 102,758
Information Provided by High Desert Community Foundation