1 City of Huntington Beach
Quarterly Investment Report
September 2024
Prepared by:
Alisa Backstrom, MBA, CCMT, CPFIM
City Treasurer
Colin Stevens, MPP
Treasury Manager
2 INVESTMENT PORTFOLIO SUMMARY
As of September 30, 2024
Currently, funds within this portfolio with overnight availability are invested in the California Asset Management Program “CAMP” and money market funds. The CAMP account is considered a “Local Government Investment Pool” or “LGIP” for reporting purposes above. Other funds are invested in U.S. Treasuries, Supranationals (International Bank of Reconstruction and Development “IBRD”, Inter-American Development Bank “IADB”), U.S. Agencies, and corporate bonds. Only the investment types allowed under California Government code Section 53601 and the City’s Investment Policy Statement are utilized.
After raising the federal funds rate by 5.25 percentage points since March 2022 in one of the Fed’s fastest and largest rate hike campaigns , The Federal Open Market Committee (“FOMC” or “the Fed”) lowered the federal funds rate by 1/2 percentage point at its latest meeting in September. The new rate of the federal funds rate is now 4-3/4 to 5 percent.
As interest rates have been rising and have largely remained at elevated levels in the last few years , the market value of securities previously purchased at lower than the current market rates, is down. This has resulted in the current market value of the portfolio being slightly lower than the book value, at $376.7 million versus $378.5, respectively. As investments are primarily held to maturity, the market value is only a point-i n-time measurement and no loss is realized. Interest rates have been rising over the last few years which has allowed excess funds to be invested at higher rates resulting in increased interest income in the future.
3 PORTFOLIO BREAKOUT BY SECTOR
As of September 30, 2024
The largest holding by security type at month-end was U.S. Agency securities at approximately 39% of the total overall portfolio. This was followed by U.S. Treasur y securities at approximately 18% of the total portfolio as of September 30, 2024. Cash held in the Local Government Investment Pools (“LGIP”) has been reduced as higher interest rates have become available in marketable securities.
INVESTMENT PORTFOLIO EARNINGS
As of September 30, 2024
4 Earnings for the month of September 2024 were $948,660 an increase of approximately 28% from the same month in the prior year. Fiscal year to date earnings of $ 2,900,879 were up approximately 23% from the previous fiscal year. These higher earnings were due to both the increase in interest rates and the higher average balance of the portfolio. The effective rate of return for September was 3.10%, with a fiscal year-to-date return of 3.00%. The benchmark has increased with the sharp rise in interest rates through 2022 into 2023. At the end of September, the 12-month moving average of the interpolated
1.5-year U.S. Treasury was 4.75%. The portfolio will lag behind the benchmark, as it will take time for previously purchased securities to mature and for funds to be reinvested at the higher rates.
QUAR
TERLY PORTFOLIO ACTIVITY
July 1 to September 30, 2024
As interest rates have remained elevated throughout the third quarter, available funds were invested into higher yielding options. For the quarter ending September 30, 2024, one U.S. Treasury was purchased for $5.0 million, two U.S. Agencies were purchased for $10.0 million, four Corporate Bonds (CAT, HON, HD, AMZN) were purchased for $20.0 million, and one CAMP Term security was purchased for $5.0 million. Four U.S. Treasuries matured for $19.0 million, one Supranational (IBRD) matured for $5.0 million, six U.S. Agencies matured for $29.0 million, and two Corporate Bonds (USB, CAT) matured for $8.8 million.
5 COMPLIANCE SUMMARY
As of September 30, 2024
There were no compliance issues during this period.
ECONOMIC AND MARKET OVERVIEW
The Federal Open Market C ommittee (FOMC) met in September to discuss the current state of the economy and to examine potential future interest rate adjustments. They concluded that economic activity has continued to expand at a solid pace, while job gains have slowed, and the unemployment rate has moved up but remains low. The Committee also stated that inflation has made further progress toward the Committee’s 2 percent objective but remains somewhat elevated.
6 Fixed Income / Equity Markets: The yield on the 10-year U.S. Treasury finished the quarter at 3.81%, down from 4.36% at the end of the previous quarter. The S&P 500 increased by 5.53% and the DJIA increased by 8.21% respectively, over the same period.
Employment: Total nonfarm payroll employment rose by 254,000 in September, and the unemployment rate was little changed at 4.1 percent. Notable job gains occu rred in food services, health care, government, social assistance, and construction.
Portfolio Summary
City of Huntington Beach
Portfolio: CITY
Reporting Date: (FY2025)
09/01/2024 - 09/30/2024
Full Accrual Basis
Par Value Book Value Market Value Book Value
% of Port Book Yield Book Yield
Contribution
Days to
Maturity
Cash / Money Market
Local Govt Inv Pools (LGIP)
Negotiable CDs
U.S. Treasuries
Supranational
U.S. Agencies
Corporates
Hold
Total
$33,858,721.91 $33,858,721.91 $33,858,721.91 8.94% 4.75% 0.42% 1 $20,086,692.28 $20,086,692.28 $20,086,692.28 5.31% 5.29% 0.28% 1 $5,000,000.00 $5,000,000.00 $5,000,000.00 1.32% 4.51% 0.06% 310 $67,000,000.00 $66,783,362.62 $66,134,870.00 17.64% 2.65% 0.47% 785 $45,000,000.00 $44,591,437.52 $44,912,750.00 11.78% 3.25% 0.38% 969 $145,980,000.00 $146,039,612.47 $144,185,714.35 38.58% 2.42% 0.93% 701 $62,762,000.00 $62,188,779.36 $62,502,730.71 16.43% 4.15% 0.68% 786 $379,687,414.19 $378,548,606.16 $376,681,479.25 100.00% 3.23% 656 Portfolio Investments
09/30/2024
Date
City Treasurer
TitleAlisa Backstrom
I certify that this report and the corresponding pages attached accurately reflect all portfolio combined investments and conforms with all California state statutes and the Huntington Beach investment policy filed on December 19, 2023. The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations. Market values are provided by US Bank via Interactive Data Corp (IDC) City Portfolio Certification
Fiscal YTD Transactions
Redemptions 6
Purchases 2
Total Activity 8
Period Transactions
Redemptions 13
Purchases 8
Total Activity 21
Net Period Earnings $2,900,878.54
Last FY Period Net Earnings $2,355,368.85
Avg Daily Book Balance $387,341,672.58
$1.00 $1.00
Net Effective Annual Return 3.004%
Net Period Earnings $948,660.13
Last FY Period Net Earnings $740,048.71
Avg Daily Book Balance $377,416,147.92
$1.00 $1.00
Net Effective Annual Return 3.101%
Fiscal YTD Summary (92 Days)Period Earnings Summary (30 Days) ______________________________________________ __________________ sum2
Total Market Value
$1.00
$376,681,479.25
sum2
Total Book Value
$2.00
$378,548,606.16
Market Value
Book Value
Par Value
sum2
Total Par Value
$1.00
$379,687,414.19
The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes. This period, that rate is equal to: 4.750% ____________________________________________
7 Accounting ID Ticker Pool Description Type Par Value Book Value Market Value Rate % of Portfolio 104 FUZXX First American Treasury Obligations Cash/Money Market 33,858,721.91 33,858,721.91 33,858,721.91 4.750 8.94% Cash/Money Market Total 33,858,721.91 33,858,721.91 33,858,721.91 8.94% 003 CAMP California Asset Management Program LGIP 20,086,692.28 20,086,692.28 20,086,692.28 5.290 5.31% LGIP Total 20,086,692.28 20,086,692.28 20,086,692.28 5.31% Portfolio: CITYCash By Structure Report
City of Huntington Beach
Reporting Period:
09/30/2024
Report Run Date: Oct 16, 2024 8
Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4343
Maturity
14913R2P1
CAT 0.600 09/13/2024
100.00000
09/13/2024
09/13/2024
5,000,000.00
5,000,000.00
0.00 5,000,000.00
4373
Maturity
3133XVDG3
FHLB 4.375 09/13/2024
100.00000
09/13/2024
09/13/2024
5,000,000.00
5,000,000.00
0.00 5,000,000.00
4336
Maturity
3130AMXJ6
FHLB 0.500 09/30/2024
100.00000
09/30/2024
09/30/2024
5,000,000.00
5,000,000.00
0.00 5,000,000.00
4346
Maturity
3130AQD59
FHLB 1.000 09/30/2024
100.00000
09/30/2024
09/30/2024
5,000,000.00
5,000,000.00
0.00 5,000,000.00
4349
Maturity
3130AQD59
FHLB 1.000 09/30/2024
100.00000
09/30/2024
09/30/2024
5,000,000.00
5,000,000.00
0.00 5,000,000.00
4298
Maturity
912828YH7
T 1.500 09/30/2024
100.00000
09/30/2024
09/30/2024
5,000,000.00
5,000,000.00
0.00 5,000,000.00
Activity Total 30,000,000.00 30,000,000.00 0.00 30,000,000.00 Portfolio: CITY Bond Redemption Activity Report
City of Huntington Beach
Reporting Period:
09/30/2024
Report Run Date: Oct 16, 2024 9
Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4419
Buy
14913UAR1
CAT 4.400 10/15/2027
101.49000
09/10/2024
09/10/2024
5,000,000.00
5,074,500.00
14,666.67
5,089,166.67
4421
Buy
91282CHK0
T 4.000 06/30/2028
102.00000
09/18/2024
09/18/2024
5,000,000.00
5,100,000.00
43,478.26
5,143,478.26
Activity Total 10,000,000.00 10,174,500.00 58,144.93 10,232,644.93 Portfolio: CITY Bond Purchase Activity Report
City of Huntington Beach
Reporting Period:
09/30/2024
Report Run Date: Oct 16, 2024 10
Accounting ID Transaction Type Cusip Description Date Posted Interest Received Purchased Interest Adjustment Net Interest
4339
Interest Income
91282CCW9
T 0.750 08/31/2026
09/03/2024
3,750.00
3,750.00
4340
Interest Income
91282CAJ0
T 0.250 08/31/2025
09/03/2024
6,250.00
6,250.00
4342
Interest Income
91282CCW9
T 0.750 08/31/2026
09/03/2024
18,750.00
18,750.00
4351
Interest Income
9128284Z0
T 2.750 08/31/2025
09/03/2024
68,750.00
68,750.00
4333
Interest Income
3130ALEY6
FHLB 0.800 03/04/2026
09/04/2024
20,000.00
20,000.00
4372
Interest Income
931142EW9
WMT 3.900 09/09/2025
09/09/2024
97,500.00
97,500.00
4405
Interest Income
3130AWWN6
FHLB 4.500 09/10/2027
09/10/2024
100,237.50
100,237.50
4404
Interest Income
037833DN7
AAPL 2.050 09/11/2026
09/11/2024
51,250.00
51,250.00
4343
Interest Income
14913R2P1
CAT 0.600 09/13/2024
09/13/2024
15,000.00
15,000.00
4373
Interest Income
3133XVDG3
FHLB 4.375 09/13/2024
09/13/2024
109,375.00
109,375.00
4331
Interest Income
3130AMQ54
FHLB 0.700 09/16/2025
09/16/2024
17,500.00
17,500.00
4332
Interest Income
3130AMQ62
FHLB 0.625 03/14/2025
09/16/2024
15,625.00
15,625.00
4346
Interest Income
3130AQD59
FHLB 1.000 09/30/2024
09/30/2024
12,500.00
12,500.00
4349
Interest Income
3130AQD59
FHLB 1.000 09/30/2024
09/30/2024
12,500.00
12,500.00
4298
Interest Income
912828YH7
T 1.500 09/30/2024
09/30/2024
37,500.00
37,500.00
4336
Interest Income
3130AMXJ6
FHLB 0.500 09/30/2024
09/30/2024
12,500.00
12,500.00
Activity Total 598,987.50 0.00 598,987.50 Portfolio: CITY Bond Interest Received Report
City of Huntington Beach
Reporting Period:
09/30/2024
Report Run Date: Oct 16, 2024 11
Accounting
ID CUSIP Ticker Coupon Maturity Date Short Description Trade Date Settlement Date Par Value Book Value Market Value Gain/Loss Book
Yield
Effective
Duration
Days to
Maturity
(%) of
Portfolio
Moodys
Rating
S&P
Rating
Fitch
Rating
4420 PPGJFO804 CAMP 4.510 08/07/2025 California Asset Management 08/23/2024 08/23/2024 5,000,000.00 5,000,000.00 5,000,000.00 0.00 4.510 0.85 310 1.32% AAA Negotiable CDs 5,000,000.00 5,000,000.00 5,000,000.00 0.00 1.32% 4350
912828YM6
T
1.500
10/31/2024
U.S. Treasury Note
12/30/2021
12/31/2021
3,000,000.00
3,001,406.09
2,991,660.00
(9,746.09)
0.920
0.08 30
0.79%
Aaa
AA+
AA+
4376 91282CEU1 T 2.875 06/15/2025 U.S. Treasury Note 11/17/2022 11/18/2022 3,000,000.00 2,972,252.20 2,973,090.00 837.80 4.276 0.68 257 0.79% Aaa AA+ AA+ 4330 91282CAB7 T 0.250 07/31/2025 U.S. Treasury Note 05/18/2021 05/19/2021 5,000,000.00 4,985,067.28 4,845,050.00 (140,017.28) 0.615 0.81 303 1.32% Aaa AA+ AA+ 4340 91282CAJ0 T 0.250 08/31/2025 U.S. Treasury Note 09/23/2021 09/27/2021 5,000,000.00 4,978,164.23 4,830,650.00 (147,514.23) 0.735 0.90 334 1.32% Aaa AA+ AA+ 4351 9128284Z0 T 2.750 08/31/2025 U.S. Treasury Note 12/30/2021 12/31/2021 5,000,000.00 5,073,534.88 4,941,700.00 (131,834.88) 1.103 0.89 334 1.34% Aaa AA+ AA+ 4411 91282CHM6 T 4.500 07/15/2026 U.S. Treasury Note 03/11/2024 03/12/2024 5,000,000.00 5,009,875.32 5,069,150.00 59,274.68 4.380 1.69 652 1.32% Aaa AA+ AA+ 4341 91282CCP4 T 0.625 07/31/2026 U.S. Treasury Note 09/30/2021 09/30/2021 5,000,000.00 4,971,005.24 4,731,450.00 (239,555.24) 0.950 1.79 668 1.31% Aaa AA+ AA+ 4339 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 09/23/2021 09/23/2021 1,000,000.00 997,383.11 946,520.00 (50,863.11) 0.890 1.87 699 0.26% Aaa AA+ AA+ 4342 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 11/22/2021 11/23/2021 5,000,000.00 4,950,469.11 4,732,600.00 (217,869.11) 1.285 1.87 699 1.31% Aaa AA+ AA+ 4379 91282CEW7 T 3.250 06/30/2027 U.S. Treasury Note 12/28/2022 12/29/2022 5,000,000.00 4,906,595.80 4,957,800.00 51,204.20 4.000 2.58 1,002 1.30% Aaa AA+ AA+ 4406 91282CEW7 T 3.250 06/30/2027 U.S. Treasury Note 12/21/2023 12/22/2023 5,000,000.00 4,909,773.25 4,957,800.00 48,026.75 3.960 2.58 1,002 1.30% Aaa AA+ AA+ 4409 91282CFB2 T 2.750 07/31/2027 U.S. Treasury Note 01/18/2024 01/19/2024 5,000,000.00 4,826,257.25 4,888,500.00 62,242.75 4.080 2.68 1,033 1.27% Aaa AA+ AA+ 4421 91282CHK0 T 4.000 06/30/2028 U.S. Treasury Note 09/17/2024 09/18/2024 5,000,000.00 5,099,058.65 5,074,800.00 (24,258.65) 3.431 3.42 1,368 1.35% Aaa AA+ AA+ 4408
91282CHQ7
T
4.125
07/31/2028
U.S. Treasury Note
01/12/2024
01/16/2024
10,000,000.00
10,102,520.21
10,194,100.00
91,579.79
3.831
3.50 1,399
2.67%
Aaa
AA+
AA+
U.S. Treasuries 67,000,000.00 66,783,362.62 66,134,870.00 (648,492.62) 17.64% 4338
459058JE4
IBRD
0.376
07/28/2025
Int'l Bank for Recon and Dev
07/28/2021
07/30/2021
5,000,000.00
4,991,531.99
4,848,650.00
(142,881.99)
0.583
0.81 300
1.32%
Aaa
AAA
AAA
4319
459058JL8
IBRD
0.500
10/28/2025
Int'l Bank for Recon and Dev
01/08/2021
01/12/2021
5,000,000.00
4,999,383.40
4,814,800.00
(184,583.40)
0.512
1.05 392
1.32%
Aaa
AAA
AAA
4324
45906M2L4
IBRD
0.650
02/24/2026
Int'l Bank for Recon and Dev
04/28/2021
04/30/2021
5,000,000.00
4,984,973.82
4,768,350.00
(216,623.82)
0.870
1.37 511
1.32%
Aaa
AAA
AAA
4413
45818WFN1
IADB
4.850
07/19/2027
Inter-American Development Bank
05/28/2024
05/29/2024
10,000,000.00
10,020,784.42
10,314,200.00
293,415.58
4.770
2.58 1,021
2.65%
Aaa
AAA
AAA
4401
45818WEQ5
IADB
3.800
06/09/2028
Inter-American Development Bank
09/19/2023
09/21/2023
5,000,000.00
4,864,971.02
5,024,800.00
159,828.98
4.622
3.37 1,347
1.29%
Aaa
AAA
AAA
4402
459058KT9
IBRD
3.500
07/12/2028
Int'l Bank for Recon and Dev
11/09/2023
11/13/2023
5,000,000.00
4,788,433.00
4,980,950.00
192,517.00
4.760
3.48 1,380
1.26%
Aaa
AAA
AAA
4403
459058KT9
IBRD
3.500
07/12/2028
Int'l Bank for Recon and Dev
12/04/2023
12/06/2023
5,000,000.00
4,855,640.31
4,980,950.00
125,309.69
4.350
3.48 1,380
1.28%
Aaa
AAA
AAA
4410
459058KW2
IBRD
4.625
08/01/2028
Int'l Bank for Recon and Dev
01/23/2024
01/25/2024
5,000,000.00
5,085,719.56
5,180,050.00
94,330.44
4.130
3.47 1,400
1.34%
Aaa
AAA
AAA
Supranational 45,000,000.00 44,591,437.52 44,912,750.00 321,312.48 11.78% 4334
3130AMW65
FHLB
0.500
12/30/2024
Federal Home Loan Bank
06/15/2021
06/30/2021
5,000,000.00
5,000,000.00
4,948,400.00
(51,600.00)
0.500
0.24 90
1.32%
Aaa
AA+
4332
3130AMQ62
FHLB
0.625
03/14/2025
Federal Home Loan Bank
05/26/2021
06/14/2021
5,000,000.00
5,000,000.00
4,915,650.00
(84,350.00)
0.625
0.44 164
1.32%
Aaa
AA+
4397
3130AWER7
FHLB
4.625
06/06/2025
Federal Home Loan Bank
06/14/2023
06/15/2023
3,000,000.00
2,999,348.73
3,011,100.00
11,751.27
4.659
0.66 248
0.79%
Aaa
AA+
4329
3135G04Z3
FNMA
0.500
06/17/2025
Fannie Mae
05/13/2021
05/14/2021
5,000,000.00
4,995,507.40
4,871,650.00
(123,857.40)
0.628
0.70 259
1.32%
Aaa
AA+
AA+
4381
3135G04Z3
FNMA
0.500
06/17/2025
Fannie Mae
01/12/2023
01/13/2023
5,000,000.00
4,882,105.26
4,871,650.00
(10,455.26)
4.013
0.70 259
1.29%
Aaa
AA+
AA+
4345
3130AQ5S8
FHLB
1.250
06/30/2025
Federal Home Loan Bank
12/08/2021
12/30/2021
4,650,000.00
4,650,000.00
4,542,073.50
(107,926.50)
1.250
0.73 272
1.23%
Aaa
AA+
4327
3130AMDL3
FHLB
0.800
07/25/2025
Federal Home Loan Bank
05/11/2021
05/25/2021
5,000,000.00
5,000,000.00
4,859,200.00
(140,800.00)
0.800
0.79 297
1.32%
Aaa
AA+
4360
3130AQT94
FHLB
1.600
08/28/2025
Federal Home Loan Bank
03/03/2022
03/04/2022
4,575,000.00
4,566,350.73
4,474,533.00
(91,817.73)
1.816
0.89 331
1.21%
Aaa
AA+
4331
3130AMQ54
FHLB
0.700
09/16/2025
Federal Home Loan Bank
05/26/2021
06/16/2021
5,000,000.00
5,000,000.00
4,842,200.00
(157,800.00)
0.700
0.94 350
1.32%
Aaa
AA+
4318
3135GA2Z3
FNMA
0.560
11/17/2025
Fannie Mae
01/08/2021
01/11/2021
3,000,000.00
3,000,767.35
2,885,790.00
(114,977.35)
0.500
1.10 412
0.79%
Aaa
AA+
AA+
4320
3130AKN36
FHLB
0.525
01/15/2026
Federal Home Loan Bank
01/14/2021
01/15/2021
5,000,000.00
4,998,711.11
4,789,750.00
(208,961.11)
0.545
1.26 471
1.32%
Aaa
AA+
4321
3130AKN85
FHLB
0.550
01/20/2026
Federal Home Loan Bank
01/14/2021
01/20/2021
5,000,000.00
4,999,348.61
4,789,150.00
(210,198.61)
0.560
1.28 476
1.32%
Aaa
AA+
4322
3130AKUS3
FHLB
0.500
01/28/2026
Federal Home Loan Bank
01/26/2021
01/28/2021
5,000,000.00
5,000,000.00
4,780,950.00
(219,050.00)
0.500
1.30 484
1.32%
Aaa
AA+
4333
3130ALEY6
FHLB
0.800
03/04/2026
Federal Home Loan Bank
06/09/2021
06/10/2021
5,000,000.00
5,000,000.00
4,786,950.00
(213,050.00)
0.800
1.39 519
1.32%
Aaa
AA+
4328 3130AMJN3 FHLB 1.030 05/26/2026 Federal Home Loan Bank 05/12/2021 05/26/2021 5,000,000.00 5,000,000.00 4,770,350.00 (229,650.00) 1.030 1.60 602 1.32% Aaa AA+ 4335 3130AMFS6 FHLB 0.750 06/12/2026 Federal Home Loan Bank 06/16/2021 06/17/2021 5,000,000.00 4,989,788.30 4,759,400.00 (230,388.30) 0.873 1.65 619 1.32% Aaa AA+ 4388 3130AVWS7 FHLB 3.750 06/12/2026 Federal Home Loan Bank 05/08/2023 05/09/2023 3,000,000.00 2,997,710.81 3,002,130.00 4,419.19 3.796 1.61 619 0.79% Aaa AA+ 4398 3133EPNG6 FFCB 4.375 06/23/2026 Federal Farm Credit Bank 06/22/2023 06/23/2023 3,000,000.00 2,999,222.50 3,036,240.00 37,017.50 4.391 1.63 630 0.79% Aaa AA+ AA+ 4347 3130AQ7E7 FHLB 1.500 06/30/2026 Federal Home Loan Bank 12/14/2021 12/30/2021 5,000,000.00 5,000,776.54 4,804,700.00 (196,076.54) 1.339 1.68 637 1.32% Aaa AA+ 4384 3130AUMC5 FHLB 3.750 07/20/2026 Federal Home Loan Bank 01/17/2023 01/19/2023 5,000,000.00 5,000,000.00 5,006,750.00 6,750.00 3.750 1.71 657 1.32% Aaa AA+ 4356 3130AQS79 FHLB 2.250 08/07/2026 Federal Home Loan Bank 01/27/2022 02/07/2022 5,000,000.00 5,000,000.00 4,871,150.00 (128,850.00) 2.250 1.78 675 1.32% Aaa AA+ 4386 3133EPGT6 FFCB 3.875 04/26/2027 Federal Farm Credit Bank 04/21/2023 04/26/2023 5,000,000.00 4,996,306.42 5,030,150.00 33,843.58 3.906 2.38 937 1.32% Aaa AA+ AA+ 4389 3133EPJP1 FFCB 3.625 05/12/2027 Federal Farm Credit Bank 05/08/2023 05/12/2023 5,000,000.00 4,990,949.41 4,999,750.00 8,800.59 3.700 2.43 953 1.32% Aaa AA+ AA+ 4392 3130AW4N7 FHLB 3.630 06/04/2027 Federal Home Loan Bank 05/16/2023 05/18/2023 5,000,000.00 5,000,000.00 4,998,900.00 (1,100.00) 3.630 2.49 976 1.32% Aaa AA+ 4396 3133EPMV4 FFCB 4.125 06/15/2027 Federal Farm Credit Bank 06/09/2023 06/15/2023 5,000,000.00 4,999,357.43 5,064,050.00 64,692.57 4.130 2.51 987 1.32% Aaa AA+ AA+ 4385 3134GYPF3 FHLMC 4.750 07/12/2027 Freddie Mac 04/21/2023 04/24/2023 3,300,000.00 3,296,735.87 3,317,622.00 20,886.13 4.791 1.09 1,014 0.87% Aaa AA+ AA+ Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
09/30/2024
Report Run Date: Oct 16, 2024 12
Accounting
ID CUSIP Ticker Coupon Maturity Date Short Description Trade Date Settlement Date Par Value Book Value Market Value Gain/Loss Book
Yield
Effective
Duration
Days to
Maturity
(%) of
Portfolio
Moodys
Rating
S&P
Rating
Fitch
Rating
4405 3130AWWN6 FHLB 4.500 09/10/2027 Federal Home Loan Bank 12/04/2023 12/05/2023 4,455,000.00 4,468,648.67 4,565,795.85 97,147.18 4.383 2.73 1,074 1.18% Aaa AA+ 4395 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/09/2023 06/13/2023 5,000,000.00 5,003,401.34 5,076,600.00 73,198.66 3.979 3.36 1,347 1.32% Aaa AA+ 4399 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/26/2023 06/27/2023 5,000,000.00 4,997,950.62 5,076,600.00 78,649.38 4.012 3.36 1,347 1.32% Aaa AA+ 4400 31422X5U2 FAMCA 5.100 08/07/2028 Farmer Mac 08/02/2023 08/07/2023 2,000,000.00 2,000,000.00 2,006,680.00 6,680.00 5.100 1.33 1,406 0.53% 4414 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/18/2024 07/19/2024 5,000,000.00 5,109,909.15 5,214,900.00 104,990.85 4.100 4.12 1,711 1.35% Aaa AA+ 4415 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/24/2024 07/25/2024 5,000,000.00 5,096,716.20 5,214,900.00 118,183.80 4.162 4.12 1,711 1.35% Aaa AA+ U.S. Agencies 145,980,000.00 146,039,612.47 144,185,714.35 (1,853,898.12) 38.58% 4371 459200KS9 IBM 4.000 07/27/2025 IBM 08/09/2022 08/11/2022 6,000,000.00 6,008,746.72 5,974,080.00 (34,666.72) 3.810 0.79 299 1.59% A3 A- 4372 931142EW9 WMT 3.900 09/09/2025 Walmart 09/20/2022 09/22/2022 5,000,000.00 4,989,039.55 4,990,250.00 1,210.45 4.150 0.91 343 1.32% Aa2 AA AA 4382 717081DV2 PFE 2.750 06/03/2026 Pfizer Inc 01/13/2023 01/18/2023 5,000,000.00 4,892,383.21 4,900,850.00 8,466.79 4.142 1.60 610 1.29% A2 A WD 4375 110122CN6 BMY 3.200 06/15/2026 Bristol-Myers Squibb 11/14/2022 11/16/2022 5,000,000.00 4,900,111.87 4,934,200.00 34,088.13 4.480 1.58 622 1.29% A2 A 4390 931142EM1 WMT 3.050 07/08/2026 Walmart 05/11/2023 05/15/2023 4,257,000.00 4,207,504.73 4,209,236.46 1,731.73 3.752 1.63 645 1.11% Aa2 AA AA 4391 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/11/2023 05/15/2023 2,505,000.00 2,430,176.02 2,424,464.25 (5,711.77) 3.752 1.76 665 0.64% A1 A+ WD 4404 037833DN7 AAPL 2.050 09/11/2026 Apple 12/04/2023 12/06/2023 5,000,000.00 4,771,005.03 4,838,700.00 67,694.97 4.583 1.86 710 1.26% Aaa AA+ 4407 713448DN5 PEP 2.375 10/06/2026 Pepsi 12/21/2023 12/26/2023 5,000,000.00 4,821,468.75 4,860,100.00 38,631.25 4.273 1.88 735 1.27% A1 A+ WD 4417 437076DB5 HD 4.875 06/25/2027 Home Depot 08/22/2024 08/23/2024 5,000,000.00 5,100,977.82 5,129,900.00 28,922.18 4.061 2.46 997 1.35% A2 A A 4416 438516CX2 HON 4.650 07/30/2027 Honeywell 08/14/2024 08/15/2024 5,000,000.00 5,065,837.78 5,100,400.00 34,562.22 4.137 2.57 1,032 1.34% A2 A A 4418 023135BC9 AMZN 3.150 08/22/2027 Amazon 08/22/2024 08/23/2024 5,000,000.00 4,879,884.62 4,908,400.00 28,515.38 4.040 2.65 1,055 1.29% A1 AA AA- 4419 14913UAR1 CAT 4.400 10/15/2027 Caterpillar 09/09/2024 09/10/2024 5,000,000.00 5,073,096.86 5,066,200.00 (6,896.86) 3.886 2.80 1,109 1.34% A2 A A+ 4412 24422EXB0 DE 4.950 07/14/2028 John Deere 03/25/2024 03/27/2024 5,000,000.00 5,048,546.41 5,165,950.00 117,403.59 4.662 3.40 1,382 1.33% A1 A A+ Corporates 62,762,000.00 62,188,779.36 62,502,730.71 313,951.35 16.43% Bond Holdings 325,742,000.00 324,603,191.97 322,736,065.06 (1,867,126.91) 85.75% Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
09/30/2024
Report Run Date: Oct 16, 2024 13
Statement of Cash Receipts and Disbursements and
Cash Receipts and Disbursements August 2024 September 2024 Receipts
General Fund
Property Tax 94,207$ 1,387,322$
Local Sales Tax 4,231,639 3,304,656
Public Safety Sales Tax 306,541 230,367
Transient Occupancy Tax (TOT) 2,270,567 1,786,747
Utility Users Tax (UUT) 3,170,668 2,117,599
Other Revenue 7,115,736 5,066,154
Total General Fund Revenue 17,189,357 13,892,845
Total All Other Funds Revenue 16,869,385 17,957,224
Total Receipts 34,058,743$ 31,850,068$
Disbursements
General Fund
Personnel Services (14,924,924) (12,930,897)
Operating Expenses (5,051,304) (3,500,068)
Capital Expenditures - -
Non-Operating Expenses (271,651) (5,833)
Total General Fund Disbursements (20,247,879) (16,436,798) Total All Other Funds Disbursements (29,708,649) (16,577,705) Total Disbursements (49,956,529) (33,014,503)
Net Change in Cash Flow (15,897,786)$ (1,164,435)$
Summary of Cash by Fund August 2024 September 2024
General Fund 96,280,632$ 93,736,679$
General Fund Other 2,441,898 2,400,532
Capital Projects Funds 55,375,804 52,485,272
Debt Service Funds 38,365,151 38,494,433
Enterprise Funds 81,214,163 83,792,953
Trust and Agency Funds 9,341,263 8,924,289
Internal Service Funds 44,809,109 45,248,219
Special Revenue Funds 54,198,004 55,779,212
General Ledger Cash Balances * 382,026,024$ 380,861,589$ Total cash will differ from investment portfolio total due to outstanding checks and/or other timing differences.
Note: Above information was obtained from the City's accounting system records. The above information includes receipts from maturing investments and payments for purchased investments in the city investment portfolio. This statement is prepared in compliance with the City's Charter.
Summary of Cash by Fund
City Treasurer's Office
September 2024
14 Portfolio Summary
City of Huntington Beach
Portfolio: CITY
Reporting Date: (FY2025)
08/01/2024 - 08/31/2024
Full Accrual Basis
Par Value Book Value Market Value Book Value
% of Port Book Yield Book Yield
Contribution
Days to
Maturity
Cash / Money Market
Local Govt Inv Pools (LGIP)
Negotiable CDs
U.S. Treasuries
Supranational
U.S. Agencies
Corporates
Hold
Total
$12,443,807.88 $12,443,807.88 $12,443,807.88 3.30% 5.13% 0.17% 1 $19,957,139.44 $19,957,139.44 $19,957,139.44 5.30% 5.41% 0.29% 1 $5,000,000.00 $5,000,000.00 $5,000,000.00 1.33% 4.51% 0.06% 340 $67,000,000.00 $66,673,842.71 $65,683,470.00 17.70% 2.51% 0.44% 711 $45,000,000.00 $44,581,224.32 $44,639,000.00 11.83% 3.25% 0.38% 999 $165,980,000.00 $166,027,492.17 $163,231,346.20 44.07% 2.33% 1.03% 646 $62,762,000.00 $62,084,558.98 $62,089,351.09 16.48% 3.91% 0.64% 725 $378,142,947.32 $376,768,065.50 $373,044,114.61 100.00% 3.01% 653 Portfolio Investments
08/31/2024
Date
City Treasurer
TitleAlisa Backstrom
I certify that this report and the corresponding pages attached accurately reflect all portfolio combined investments and conforms with all California state statutes and the Huntington Beach investment policy filed on December 19, 2023. The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations. Market values are provided by US Bank via Interactive Data Corp (IDC) City Portfolio Certification
Fiscal YTD Transactions
Redemptions 3
Purchases 4
Total Activity 7
Period Transactions
Redemptions 7
Purchases 6
Total Activity 13
Net Period Earnings $1,952,218.41
Last FY Period Net Earnings $1,615,320.14
Avg Daily Book Balance $392,304,434.92
$1.00 $1.00
Net Effective Annual Return 2.965%
Net Period Earnings $945,910.60
Last FY Period Net Earnings $760,811.63
Avg Daily Book Balance $380,890,541.98
$1.00 $1.00
Net Effective Annual Return 2.963%
Fiscal YTD Summary (62 Days)Period Earnings Summary (31 Days) ______________________________________________ __________________ sum2
Total Market Value
$1.00
$373,044,114.61
sum2
Total Book Value
$2.00
$376,768,065.50
Market Value
Book Value
Par Value
sum2
Total Par Value
$1.00
$378,142,947.32
The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes. This period, that rate is equal to: 4.850% ____________________________________________
15 Accounting ID Ticker Pool Description Type Par Value Book Value Market Value Rate % of Portfolio 104 FUZXX First American Treasury Obligations Cash/Money Market 12,443,807.88 12,443,807.88 12,443,807.88 5.130 3.30% Cash/Money Market Total 12,443,807.88 12,443,807.88 12,443,807.88 3.30% 003 CAMP California Asset Management Program LGIP 19,957,139.44 19,957,139.44 19,957,139.44 5.410 5.30% LGIP Total 19,957,139.44 19,957,139.44 19,957,139.44 5.30% Portfolio: CITYCash By Structure Report
City of Huntington Beach
Reporting Period:
08/31/2024
Report Run Date: Oct 16, 2024 16
Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4361
Maturity
912828D56
T 2.375 08/15/2024
100.00000
08/15/2024
08/15/2024
5,000,000.00
5,000,000.00
0.00 5,000,000.00
4344
Maturity
3130AQ3C5
FHLB 1.000 08/28/2024
100.00000
08/28/2024
08/28/2024
4,000,000.00
4,000,000.00
0.00 4,000,000.00
4323
Maturity
459056HV2
IBRD 1.500 08/28/2024
100.00000
08/28/2024
08/28/2024
5,000,000.00
5,000,000.00
0.00 5,000,000.00
Activity Total 14,000,000.00 14,000,000.00 0.00 14,000,000.00 Portfolio: CITY Bond Redemption Activity Report
City of Huntington Beach
Reporting Period:
08/31/2024
Report Run Date: Oct 16, 2024 17
Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4416
Buy
438516CX2
HON 4.650 07/30/2027
101.37800
08/15/2024
08/15/2024
5,000,000.00
5,068,900.00
9,041.67
5,077,941.67
4417
Buy
437076DB5
HD 4.875 06/25/2027
102.10000
08/23/2024
08/23/2024
5,000,000.00
5,105,000.00
39,270.83
5,144,270.83
4418
Buy
023135BC9
AMZN 3.150 08/22/2027
97.51000
08/23/2024
08/23/2024
5,000,000.00
4,875,500.00
437.50
4,875,937.50
4420
Buy
PPGJFO804
CAMP 4.510 08/07/2025
100.00000
08/23/2024
08/23/2024
5,000,000.00
5,000,000.00
0.00 5,000,000.00
Activity Total 20,000,000.00 20,049,400.00 48,750.00 20,098,150.00 Portfolio: CITY Bond Purchase Activity Report
City of Huntington Beach
Reporting Period:
08/31/2024
Report Run Date: Oct 16, 2024 18
Accounting ID Transaction Type Cusip Description Date Posted Interest Received Purchased Interest Adjustment Net Interest
4410
Interest Income
459058KW2
IBRD 4.625 08/01/2028
08/01/2024
115,650.00
115,650.00
4356
Interest Income
3130AQS79
FHLB 1.375 08/07/2026
08/07/2024
34,375.00
34,375.00
4400
Interest Income
31422X5U2
FAMCA 5.100 08/07/2028
08/07/2024
51,000.00
51,000.00
4361
Interest Income
912828D56
T 2.375 08/15/2024
08/15/2024
59,375.00
59,375.00
4324
Interest Income
45906M2L4
IBRD 0.650 02/24/2026
08/27/2024
16,250.00
16,250.00
4344
Interest Income
3130AQ3C5
FHLB 1.000 08/28/2024
08/28/2024
20,000.00
20,000.00
4360
Interest Income
3130AQT94
FHLB 1.600 08/28/2025
08/28/2024
36,600.00
36,600.00
4323
Interest Income
459056HV2
IBRD 1.500 08/28/2024
08/28/2024
37,500.00
37,500.00
Activity Total 370,750.00 0.00 370,750.00 Portfolio: CITY Bond Interest Received Report
City of Huntington Beach
Reporting Period:
08/31/2024
Report Run Date: Oct 16, 2024 19
Accounting
ID CUSIP Ticker Coupon Maturity Date Short Description Trade Date Settlement Date Par Value Book Value Market Value Gain/Loss Book
Yield
Effective
Duration
Days to
Maturity
(%) of
Portfolio
Moodys
Rating
S&P
Rating
Fitch
Rating
4420 PPGJFO804 CAMP 4.510 08/07/2025 California Asset Management 08/23/2024 08/23/2024 5,000,000.00 5,000,000.00 5,000,000.00 0.00 4.510 0.93 340 1.33% AAA Negotiable CDs 5,000,000.00 5,000,000.00 5,000,000.00 0.00 1.33% 4298
912828YH7
T
1.500
09/30/2024
U.S. Treasury Note
12/04/2019
12/05/2019
5,000,000.00
4,999,637.71
4,986,150.00
(13,487.71)
1.595
0.08 29
1.33%
Aaa
AA+
AA+
4350 912828YM6 T 1.500 10/31/2024 U.S. Treasury Note 12/30/2021 12/31/2021 3,000,000.00 3,002,812.17 2,982,000.00 (20,812.17) 0.920 0.16 60 0.80% Aaa AA+ AA+ 4376 91282CEU1 T 2.875 06/15/2025 U.S. Treasury Note 11/17/2022 11/18/2022 3,000,000.00 2,969,013.16 2,961,330.00 (7,683.16) 4.276 0.76 287 0.79% Aaa AA+ AA+ 4330 91282CAB7 T 0.250 07/31/2025 U.S. Treasury Note 05/18/2021 05/19/2021 5,000,000.00 4,983,588.79 4,815,450.00 (168,138.79) 0.615 0.89 333 1.32% Aaa AA+ AA+ 4340 91282CAJ0 T 0.250 08/31/2025 U.S. Treasury Note 09/23/2021 09/27/2021 5,000,000.00 4,976,202.93 4,800,450.00 (175,752.93) 0.735 0.98 364 1.32% Aaa AA+ AA+ 4351 9128284Z0 T 2.750 08/31/2025 U.S. Treasury Note 12/30/2021 12/31/2021 5,000,000.00 5,080,139.81 4,920,650.00 (159,489.81) 1.103 0.97 364 1.35% Aaa AA+ AA+ 4411 91282CHM6 T 4.500 07/15/2026 U.S. Treasury Note 03/11/2024 03/12/2024 5,000,000.00 5,010,329.71 5,046,300.00 35,970.29 4.380 1.77 682 1.33% Aaa AA+ AA+ 4341 91282CCP4 T 0.625 07/31/2026 U.S. Treasury Note 09/30/2021 09/30/2021 5,000,000.00 4,969,703.08 4,695,500.00 (274,203.08) 0.950 1.86 698 1.32% Aaa AA+ AA+ 4339 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 09/23/2021 09/23/2021 1,000,000.00 997,270.80 939,490.00 (57,780.80) 0.890 1.94 729 0.26% Aaa AA+ AA+ 4342 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 11/22/2021 11/23/2021 5,000,000.00 4,948,343.32 4,697,450.00 (250,893.32) 1.285 1.94 729 1.31% Aaa AA+ AA+ 4379 91282CEW7 T 3.250 06/30/2027 U.S. Treasury Note 12/28/2022 12/29/2022 5,000,000.00 4,903,799.27 4,926,550.00 22,750.73 4.000 2.65 1,032 1.30% Aaa AA+ AA+ 4406 91282CEW7 T 3.250 06/30/2027 U.S. Treasury Note 12/21/2023 12/22/2023 5,000,000.00 4,907,071.85 4,926,550.00 19,478.15 3.960 2.65 1,032 1.30% Aaa AA+ AA+ 4409 91282CFB2 T 2.750 07/31/2027 U.S. Treasury Note 01/18/2024 01/19/2024 5,000,000.00 4,821,211.48 4,855,100.00 33,888.52 4.080 2.75 1,063 1.28% Aaa AA+ AA+ 4408
91282CHQ7
T
4.125
07/31/2028
U.S. Treasury Note
01/12/2024
01/16/2024
10,000,000.00
10,104,718.64
10,130,500.00
25,781.36
3.831
3.57 1,429
2.68%
Aaa
AA+
AA+
U.S. Treasuries 67,000,000.00 66,673,842.71 65,683,470.00 (990,372.71) 17.70% 4338
459058JE4
IBRD
0.376
07/28/2025
Int'l Bank for Recon and Dev
07/28/2021
07/30/2021
5,000,000.00
4,990,676.63
4,820,900.00
(169,776.63)
0.583
0.88 330
1.32%
Aaa
AAA
AAA
4319
459058JL8
IBRD
0.500
10/28/2025
Int'l Bank for Recon and Dev
01/08/2021
01/12/2021
5,000,000.00
4,999,335.60
4,786,350.00
(212,985.60)
0.512
1.13 422
1.33%
Aaa
AAA
AAA
4324
45906M2L4
IBRD
0.650
02/24/2026
Int'l Bank for Recon and Dev
04/28/2021
04/30/2021
5,000,000.00
4,984,077.62
4,736,800.00
(247,277.62)
0.870
1.44 541
1.32%
Aaa
AAA
AAA
4413
45818WFN1
IADB
4.850
07/19/2027
Inter-American Development Bank
05/28/2024
05/29/2024
10,000,000.00
10,021,403.01
10,253,900.00
232,496.99
4.770
2.65 1,051
2.66%
Aaa
AAA
AAA
4401
45818WEQ5
IADB
3.800
06/09/2028
Inter-American Development Bank
09/19/2023
09/21/2023
5,000,000.00
4,861,920.67
5,000,350.00
138,429.33
4.622
3.45 1,377
1.29%
Aaa
AAA
AAA
4402
459058KT9
IBRD
3.500
07/12/2028
Int'l Bank for Recon and Dev
11/09/2023
11/13/2023
5,000,000.00
4,783,769.51
4,946,250.00
162,480.49
4.760
3.55 1,410
1.27%
Aaa
AAA
AAA
4403
459058KT9
IBRD
3.500
07/12/2028
Int'l Bank for Recon and Dev
12/04/2023
12/06/2023
5,000,000.00
4,852,458.24
4,946,250.00
93,791.76
4.350
3.55 1,410
1.29%
Aaa
AAA
AAA
4410
459058KW2
IBRD
4.625
08/01/2028
Int'l Bank for Recon and Dev
01/23/2024
01/25/2024
5,000,000.00
5,087,583.03
5,148,200.00
60,616.97
4.130
3.54 1,430
1.35%
Aaa
AAA
AAA
Supranational 45,000,000.00 44,581,224.32 44,639,000.00 57,775.68 11.83% 4373
3133XVDG3
FHLB
4.375
09/13/2024
Federal Home Loan Bank
09/22/2022
09/23/2022
5,000,000.00
5,000,212.11
4,998,650.00
(1,562.11)
4.240
0.03 12
1.33%
Aaa
AA+
4336
3130AMXJ6
FHLB
0.500
09/30/2024
Federal Home Loan Bank
06/17/2021
06/30/2021
5,000,000.00
5,000,000.00
4,982,350.00
(17,650.00)
0.500
0.08 29
1.33%
Aaa
AA+
4346
3130AQD59
FHLB
1.000
09/30/2024
Federal Home Loan Bank
12/14/2021
12/30/2021
5,000,000.00
5,000,000.00
4,984,250.00
(15,750.00)
1.000
0.08 29
1.33%
Aaa
AA+
4349
3130AQD59
FHLB
1.000
09/30/2024
Federal Home Loan Bank
12/22/2021
12/30/2021
5,000,000.00
5,000,000.00
4,984,250.00
(15,750.00)
1.000
0.08 29
1.33%
Aaa
AA+
4334
3130AMW65
FHLB
0.500
12/30/2024
Federal Home Loan Bank
06/15/2021
06/30/2021
5,000,000.00
5,000,000.00
4,925,050.00
(74,950.00)
0.500
0.32 120
1.33%
Aaa
AA+
4332
3130AMQ62
FHLB
0.625
03/14/2025
Federal Home Loan Bank
05/26/2021
06/14/2021
5,000,000.00
5,000,000.00
4,891,300.00
(108,700.00)
0.625
0.52 194
1.33%
Aaa
AA+
4397
3130AWER7
FHLB
4.625
06/06/2025
Federal Home Loan Bank
06/14/2023
06/15/2023
3,000,000.00
2,999,268.99
3,001,170.00
1,901.01
4.659
0.74 278
0.80%
Aaa
AA+
4329
3135G04Z3
FNMA
0.500
06/17/2025
Fannie Mae
05/13/2021
05/14/2021
5,000,000.00
4,994,980.92
4,844,350.00
(150,630.92)
0.628
0.77 289
1.33%
Aaa
AA+
AA+
4381
3135G04Z3
FNMA
0.500
06/17/2025
Fannie Mae
01/12/2023
01/13/2023
5,000,000.00
4,868,289.47
4,844,350.00
(23,939.47)
4.013
0.77 289
1.29%
Aaa
AA+
AA+
4345
3130AQ5S8
FHLB
1.250
06/30/2025
Federal Home Loan Bank
12/08/2021
12/30/2021
4,650,000.00
4,650,000.00
4,517,521.50
(132,478.50)
1.250
0.81 302
1.23%
Aaa
AA+
4327
3130AMDL3
FHLB
0.800
07/25/2025
Federal Home Loan Bank
05/11/2021
05/25/2021
5,000,000.00
5,000,000.00
4,830,600.00
(169,400.00)
0.800
0.87 327
1.33%
Aaa
AA+
4360
3130AQT94
FHLB
1.600
08/28/2025
Federal Home Loan Bank
03/03/2022
03/04/2022
4,575,000.00
4,565,557.22
4,439,076.75
(126,480.47)
1.816
0.96 361
1.21%
Aaa
AA+
4331
3130AMQ54
FHLB
0.700
09/16/2025
Federal Home Loan Bank
05/26/2021
06/16/2021
5,000,000.00
5,000,000.00
4,799,800.00
(200,200.00)
0.700
1.01 380
1.33%
Aaa
AA+
4318
3135GA2Z3
FNMA
0.560
11/17/2025
Fannie Mae
01/08/2021
01/11/2021
3,000,000.00
3,000,824.05
2,875,320.00
(125,504.05)
0.500
1.18 442
0.80%
Aaa
AA+
AA+
4320 3130AKN36 FHLB 0.525 01/15/2026 Federal Home Loan Bank 01/14/2021 01/15/2021 5,000,000.00 4,998,627.78 4,755,750.00 (242,877.78) 0.545 1.34 501 1.33% Aaa AA+ 4321 3130AKN85 FHLB 0.550 01/20/2026 Federal Home Loan Bank 01/14/2021 01/20/2021 5,000,000.00 4,999,306.94 4,755,000.00 (244,306.94) 0.560 1.35 506 1.33% Aaa AA+ 4322 3130AKUS3 FHLB 0.500 01/28/2026 Federal Home Loan Bank 01/26/2021 01/28/2021 5,000,000.00 5,000,000.00 4,747,650.00 (252,350.00) 0.500 1.37 514 1.33% Aaa AA+ 4333 3130ALEY6 FHLB 0.800 03/04/2026 Federal Home Loan Bank 06/09/2021 06/10/2021 5,000,000.00 5,000,000.00 4,753,500.00 (246,500.00) 0.800 1.46 549 1.33% Aaa AA+ 4328 3130AMJN3 FHLB 1.030 05/26/2026 Federal Home Loan Bank 05/12/2021 05/26/2021 5,000,000.00 5,000,000.00 4,736,150.00 (263,850.00) 1.030 1.68 632 1.33% Aaa AA+ 4335 3130AMFS6 FHLB 0.750 06/12/2026 Federal Home Loan Bank 06/16/2021 06/17/2021 5,000,000.00 4,989,286.91 4,721,550.00 (267,736.91) 0.873 1.73 649 1.32% Aaa AA+ 4388 3130AVWS7 FHLB 3.750 06/12/2026 Federal Home Loan Bank 05/08/2023 05/09/2023 3,000,000.00 2,997,598.41 2,979,180.00 (18,418.41) 3.796 1.69 649 0.80% Aaa AA+ 4398 3133EPNG6 FFCB 4.375 06/23/2026 Federal Farm Credit Bank 06/22/2023 06/23/2023 3,000,000.00 2,999,185.00 3,022,650.00 23,465.00 4.391 1.71 660 0.80% Aaa AA+ AA+ 4347 3130AQ7E7 FHLB 1.500 06/30/2026 Federal Home Loan Bank 12/14/2021 12/30/2021 5,000,000.00 5,000,813.58 4,771,700.00 (229,113.58) 1.339 1.76 667 1.33% Aaa AA+ 4384 3130AUMC5 FHLB 3.750 07/20/2026 Federal Home Loan Bank 01/17/2023 01/19/2023 5,000,000.00 5,000,000.00 4,963,300.00 (36,700.00) 3.750 1.79 687 1.33% Aaa AA+ 4356 3130AQS79 FHLB 2.250 08/07/2026 Federal Home Loan Bank 01/27/2022 02/07/2022 5,000,000.00 5,000,000.00 4,829,400.00 (170,600.00) 2.250 1.86 705 1.33% Aaa AA+ 4386 3133EPGT6 FFCB 3.875 04/26/2027 Federal Farm Credit Bank 04/21/2023 04/26/2023 5,000,000.00 4,996,186.63 5,006,100.00 9,913.37 3.906 2.46 967 1.33% Aaa AA+ AA+ Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
08/31/2024
Report Run Date: Oct 16, 2024 20
Accounting
ID CUSIP Ticker Coupon Maturity Date Short Description Trade Date Settlement Date Par Value Book Value Market Value Gain/Loss Book
Yield
Effective
Duration
Days to
Maturity
(%) of
Portfolio
Moodys
Rating
S&P
Rating
Fitch
Rating
4389 3133EPJP1 FFCB 3.625 05/12/2027 Federal Farm Credit Bank 05/08/2023 05/12/2023 5,000,000.00 4,990,660.87 4,974,400.00 (16,260.87) 3.700 2.51 983 1.32% Aaa AA+ AA+ 4392 3130AW4N7 FHLB 3.630 06/04/2027 Federal Home Loan Bank 05/16/2023 05/18/2023 5,000,000.00 5,000,000.00 4,955,500.00 (44,500.00) 3.630 2.57 1,006 1.33% Aaa AA+ 4396 3133EPMV4 FFCB 4.125 06/15/2027 Federal Farm Credit Bank 06/09/2023 06/15/2023 5,000,000.00 4,999,337.64 5,035,450.00 36,112.36 4.130 2.58 1,017 1.33% Aaa AA+ AA+ 4385 3134GYPF3 FHLMC 4.750 07/12/2027 Freddie Mac 04/21/2023 04/24/2023 3,300,000.00 3,296,638.04 3,308,613.00 11,974.96 4.791 1.21 1,044 0.87% Aaa AA+ AA+ 4405 3130AWWN6 FHLB 4.500 09/10/2027 Federal Home Loan Bank 12/04/2023 12/05/2023 4,455,000.00 4,469,035.32 4,539,154.95 70,119.63 4.383 2.74 1,104 1.19% Aaa AA+ 4395 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/09/2023 06/13/2023 5,000,000.00 5,003,478.17 5,041,800.00 38,321.83 3.979 3.44 1,377 1.33% Aaa AA+ 4399 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/26/2023 06/27/2023 5,000,000.00 4,997,904.32 5,041,800.00 43,895.68 4.012 3.44 1,377 1.33% Aaa AA+ 4400 31422X5U2 FAMCA 5.100 08/07/2028 Farmer Mac 08/02/2023 08/07/2023 2,000,000.00 2,000,000.00 1,999,960.00 (40.00) 5.100 1.49 1,436 0.53% 4414 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/18/2024 07/19/2024 5,000,000.00 5,111,863.67 5,187,350.00 75,486.33 4.100 4.20 1,741 1.36% Aaa AA+ 4415 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/24/2024 07/25/2024 5,000,000.00 5,098,436.11 5,187,350.00 88,913.89 4.162 4.20 1,741 1.35% Aaa AA+ U.S. Agencies 165,980,000.00 166,027,492.17 163,231,346.20 (2,796,145.97) 44.07% 4343 14913R2P1 CAT 0.600 09/13/2024 Caterpillar 11/30/2021 12/02/2021 5,000,000.00 4,999,376.02 4,992,850.00 (6,526.02) 0.980 0.03 12 1.33% A2 A A+ 4371 459200KS9 IBM 4.000 07/27/2025 IBM 08/09/2022 08/11/2022 6,000,000.00 6,009,633.21 5,963,700.00 (45,933.21) 3.810 0.87 329 1.60% A3 A- 4372 931142EW9 WMT 3.900 09/09/2025 Walmart 09/20/2022 09/22/2022 5,000,000.00 4,988,066.73 4,975,000.00 (13,066.73) 4.150 0.97 373 1.32% Aa2 AA AA 4382 717081DV2 PFE 2.750 06/03/2026 Pfizer Inc 01/13/2023 01/18/2023 5,000,000.00 4,887,020.25 4,867,250.00 (19,770.25) 4.142 1.67 640 1.30% A2 A WD 4375 110122CN6 BMY 3.200 06/15/2026 Bristol-Myers Squibb 11/14/2022 11/16/2022 5,000,000.00 4,895,231.34 4,906,250.00 11,018.66 4.480 1.65 652 1.30% A2 A 4390 931142EM1 WMT 3.050 07/08/2026 Walmart 05/11/2023 05/15/2023 4,257,000.00 4,205,173.71 4,179,394.89 (25,778.82) 3.752 1.71 675 1.12% Aa2 AA AA 4391 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/11/2023 05/15/2023 2,505,000.00 2,426,759.40 2,407,906.20 (18,853.20) 3.752 1.83 695 0.64% A1 A+ WD 4404 037833DN7 AAPL 2.050 09/11/2026 Apple 12/04/2023 12/06/2023 5,000,000.00 4,761,190.95 4,797,350.00 36,159.05 4.583 1.92 740 1.26% Aaa AA+ 4407 713448DN5 PEP 2.375 10/06/2026 Pepsi 12/21/2023 12/26/2023 5,000,000.00 4,814,081.25 4,829,250.00 15,168.75 4.273 1.96 765 1.28% A1 A+ WD 4417 437076DB5 HD 4.875 06/25/2027 Home Depot 08/22/2024 08/23/2024 5,000,000.00 5,104,153.23 5,096,700.00 (7,453.23) 4.061 2.54 1,027 1.35% A2 A A 4416 438516CX2 HON 4.650 07/30/2027 Honeywell 08/14/2024 08/15/2024 5,000,000.00 5,067,834.88 5,066,300.00 (1,534.88) 4.137 2.64 1,062 1.35% A2 A A 4418 023135BC9 AMZN 3.150 08/22/2027 Amazon 08/22/2024 08/23/2024 5,000,000.00 4,876,423.08 4,878,150.00 1,726.92 4.040 2.73 1,085 1.29% A1 AA AA- 4412 24422EXB0 DE 4.950 07/14/2028 John Deere 03/25/2024 03/27/2024 5,000,000.00 5,049,614.93 5,129,250.00 79,635.07 4.662 3.47 1,412 1.34% A1 A A+ Corporates 62,762,000.00 62,084,558.98 62,089,351.09 4,792.11 16.48% Bond Holdings 345,742,000.00 344,367,118.18 340,643,167.29 (3,723,950.89) 91.40% Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
08/31/2024
Report Run Date: Oct 16, 2024 21
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22 Portfolio Summary
City of Huntington Beach
Portfolio: CITY
Reporting Date: (FY2025)
07/01/2024 - 07/31/2024
Full Accrual Basis
Par Value Book Value Market Value Book Value
% of Port Book Yield Book Yield
Contribution
Days to
Maturity
Cash / Money Market
Local Govt Inv Pools (LGIP)
U.S. Treasuries
Supranational
U.S. Agencies
Corporates
Hold
Total
$22,096,700.60 $22,096,700.60 $22,096,700.60 5.64% 5.16% 0.29% 1 $31,774,980.28 $31,774,980.28 $31,774,980.28 8.10% 5.43% 0.44% 1 $72,000,000.00 $71,663,269.27 $70,236,980.00 18.28% 2.49% 0.45% 691 $50,000,000.00 $49,575,008.46 $49,258,450.00 12.64% 2.97% 0.38% 929 $169,980,000.00 $170,015,690.05 $166,177,256.70 43.36% 2.27% 0.98% 662 $47,762,000.00 $47,002,377.35 $46,732,356.85 11.99% 3.86% 0.46% 649 $393,613,680.88 $392,128,026.00 $386,276,724.43 100.00% 3.01% 609 Portfolio Investments
07/31/2024
Date
City Treasurer
TitleAlisa Backstrom
I certify that this report and the corresponding pages attached accurately reflect all portfolio combined investments and conforms with all California state statutes and the Huntington Beach investment policy filed on December 19, 2023. The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations. Market values are provided by US Bank via Interactive Data Corp (IDC) City Portfolio Certification
Fiscal YTD Transactions
Redemptions 4
Purchases 2
Total Activity 6
Period Transactions
Redemptions 4
Purchases 2
Total Activity 6
Net Period Earnings $1,006,307.81
Last FY Period Net Earnings $854,508.51
Avg Daily Book Balance $403,718,327.85
$1.00 $1.00
Net Effective Annual Return 2.975%
Net Period Earnings $1,006,307.81
Last FY Period Net Earnings $854,508.51
Avg Daily Book Balance $403,718,327.85
$1.00 $1.00
Net Effective Annual Return 2.975%
Fiscal YTD Summary (31 Days)Period Earnings Summary (31 Days) ______________________________________________ __________________ sum2
Total Market Value
$1.00
$386,276,724.43
sum2
Total Book Value
$2.00
$392,128,026.00
Market Value
Book Value
Par Value
sum2
Total Par Value
$1.00
$393,613,680.88
The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes. This period, that rate is equal to: 4.930% ____________________________________________
23 Accounting ID Ticker Pool Description Type Par Value Book Value Market Value Rate % of Portfolio 104 FUZXX First American Treasury Obligations Cash/Money Market 22,096,700.60 22,096,700.60 22,096,700.60 5.160 5.64% Cash/Money Market Total 22,096,700.60 22,096,700.60 22,096,700.60 5.64% 003 CAMP California Asset Management Program LGIP 31,774,980.28 31,774,980.28 31,774,980.28 5.430 8.10% LGIP Total 31,774,980.28 31,774,980.28 31,774,980.28 8.10% Portfolio: CITYCash By Structure Report
City of Huntington Beach
Reporting Period:
07/31/2024
Report Run Date: Oct 16, 2024 24
Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4380
Maturity
3134GYCP5
FHLMC 5.000 07/23/2024
100.00000
07/23/2024
07/23/2024
5,000,000.00
5,000,000.00
0.00 5,000,000.00
4325
Maturity
91159HHX1
USB 2.400 07/30/2024
100.00000
07/30/2024
07/30/2024
3,809,000.00
3,809,000.00
0.00 3,809,000.00
4353
Maturity
912828Y87
T 1.750 07/31/2024
100.00000
07/31/2024
07/31/2024
5,000,000.00
5,000,000.00
0.00 5,000,000.00
4358
Maturity
912828Y87
T 1.750 07/31/2024
100.00000
07/31/2024
07/31/2024
4,000,000.00
4,000,000.00
0.00 4,000,000.00
Activity Total 17,809,000.00 17,809,000.00 0.00 17,809,000.00 Portfolio: CITY Bond Redemption Activity Report
City of Huntington Beach
Reporting Period:
07/31/2024
Report Run Date: Oct 16, 2024 25
Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4414
Buy
3130B1BC0
FHLB 4.625 06/08/2029
102.29200
07/19/2024
07/19/2024
5,000,000.00
5,114,600.00
48,819.44
5,163,419.44
4415
Buy
3130B1BC0
FHLB 4.625 06/08/2029
102.01000
07/25/2024
07/25/2024
5,000,000.00
5,100,500.00
52,673.61
5,153,173.61
Activity Total 10,000,000.00 10,215,100.00 101,493.05 10,316,593.05 Portfolio: CITY Bond Purchase Activity Report
City of Huntington Beach
Reporting Period:
07/31/2024
Report Run Date: Oct 16, 2024
26 Accounting ID Transaction Type Cusip Description Date Posted Interest Received Purchased Interest Adjustment Net Interest
4334
Interest Income
3130AMW65
FHLB 0.500 12/30/2024
07/01/2024
12,500.00
12,500.00
4345
Interest Income
3130AQ5S8
FHLB 1.250 06/30/2025
07/01/2024
29,062.50
29,062.50
4346
Interest Income
3130AQD59
FHLB 1.000 09/30/2024
07/01/2024
25,000.00
25,000.00
4347
Interest Income
3130AQ7E7
FHLB 1.500 06/30/2026
07/01/2024
37,500.00
37,500.00
4349
Interest Income
3130AQD59
FHLB 1.000 09/30/2024
07/01/2024
25,000.00
25,000.00
4364
Interest Income
9128286Z8
T 1.750 06/30/2024
07/01/2024
61,250.00
61,250.00
4370
Interest Income
912828XX3
T 2.000 06/30/2024
07/01/2024
50,000.00
50,000.00
4379
Interest Income
91282CEW7
T 3.250 06/30/2027
07/01/2024
81,250.00
81,250.00
4406
Interest Income
91282CEW7
T 3.250 06/30/2027
07/01/2024
81,250.00
81,250.00
4390
Interest Income
931142EM1
WMT 3.050 07/08/2026
07/08/2024
64,919.25
64,919.25
4385
Interest Income
3134GYPF3
FHLMC 4.750 07/12/2027
07/12/2024
78,375.00
78,375.00
4402
Interest Income
459058KT9
IBRD 3.500 07/12/2028
07/12/2024
87,500.00
87,500.00
4403
Interest Income
459058KT9
IBRD 3.500 07/12/2028
07/12/2024
87,500.00
87,500.00
4411
Interest Income
91282CHM6
T 4.500 07/15/2026
07/15/2024
112,500.00
35,233.52
77,266.48
4412
Interest Income
24422EXB0
DE 4.950 07/14/2028
07/15/2024
123,750.00
50,187.50
73,562.50
4320
Interest Income
3130AKN36
FHLB 0.525 01/15/2026
07/15/2024
13,125.00
13,125.00
4413
Interest Income
45818WFN1
IADB 4.850 07/19/2027
07/19/2024
113,170.00
45,805.56
67,364.44
4384
Interest Income
3130AUMC5
FHLB 3.750 07/20/2026
07/22/2024
93,750.00
93,750.00
4321
Interest Income
3130AKN85
FHLB 0.550 01/20/2026
07/22/2024
13,750.00
13,750.00
4380
Interest Income
3134GYCP5
FHLMC 5.000 07/23/2024
07/23/2024
125,000.00
125,000.00
4338
Interest Income
459058JE4
IBRD 0.376 07/28/2025
07/29/2024
9,400.00
9,400.00
4371
Interest Income
459200KS9
IBM 4.000 07/27/2025
07/29/2024
120,000.00
120,000.00
4391
Interest Income
904764AU1
UNANA 2.000 07/28/2026
07/29/2024
25,050.00
25,050.00
4322
Interest Income
3130AKUS3
FHLB 0.500 01/28/2026
07/29/2024
12,500.00
12,500.00
4325
Interest Income
91159HHX1
USB 2.400 07/30/2024
07/30/2024
45,708.00
45,708.00
4330
Interest Income
91282CAB7
T 0.250 07/31/2025
07/31/2024
6,250.00
6,250.00
4341
Interest Income
91282CCP4
T 0.625 07/31/2026
07/31/2024
15,625.00
15,625.00
4353
Interest Income
912828Y87
T 1.750 07/31/2024
07/31/2024
43,750.00
43,750.00
4358
Interest Income
912828Y87
T 1.750 07/31/2024
07/31/2024
35,000.00
35,000.00
4408
Interest Income
91282CHQ7
T 4.125 07/31/2028
07/31/2024
206,250.00
206,250.00
4409
Interest Income
91282CFB2
T 2.750 07/31/2027
07/31/2024
68,750.00
68,750.00
Activity Total 1,904,434.75 131,226.58 1,773,208.17 Portfolio: CITY Bond Interest Received Report
City of Huntington Beach
Reporting Period:
07/31/2024
Report Run Date: Oct 16, 2024 27
Accounting
ID CUSIP Ticker Coupon Maturity Date Short Description Trade Date Settlement Date Par Value Book Value Market Value Gain/Loss Book
Yield
Effective
Duration
Days to
Maturity
(%) of
Portfolio
Moodys
Rating
S&P
Rating
Fitch
Rating
4361 912828D56 T 2.375 08/15/2024 U.S. Treasury Note 03/21/2022 03/22/2022 5,000,000.00 5,000,249.43 4,994,100.00 (6,149.43) 2.240 0.04 14 1.28% Aaa AA+ AA+ 4298
912828YH7
T
1.500
09/30/2024
U.S. Treasury Note
12/04/2019
12/05/2019
5,000,000.00
4,999,250.43
4,967,600.00
(31,650.43)
1.595
0.16 60
1.27%
Aaa
AA+
AA+
4350 912828YM6 T 1.500 10/31/2024 U.S. Treasury Note 12/30/2021 12/31/2021 3,000,000.00 3,004,265.13 2,971,770.00 (32,495.13) 0.920 0.25 91 0.77% Aaa AA+ AA+ 4376 91282CEU1 T 2.875 06/15/2025 U.S. Treasury Note 11/17/2022 11/18/2022 3,000,000.00 2,965,666.15 2,950,320.00 (15,346.15) 4.276 0.85 318 0.76% Aaa AA+ AA+ 4330 91282CAB7 T 0.250 07/31/2025 U.S. Treasury Note 05/18/2021 05/19/2021 5,000,000.00 4,982,061.02 4,784,050.00 (198,011.02) 0.615 0.97 364 1.27% Aaa AA+ AA+ 4340 91282CAJ0 T 0.250 08/31/2025 U.S. Treasury Note 09/23/2021 09/27/2021 5,000,000.00 4,974,176.26 4,766,800.00 (207,376.26) 0.735 1.06 395 1.27% Aaa AA+ AA+ 4351 9128284Z0 T 2.750 08/31/2025 U.S. Treasury Note 12/30/2021 12/31/2021 5,000,000.00 5,086,964.90 4,896,900.00 (190,064.90) 1.103 1.04 395 1.30% Aaa AA+ AA+ 4411 91282CHM6 T 4.500 07/15/2026 U.S. Treasury Note 03/11/2024 03/12/2024 5,000,000.00 5,010,799.24 5,019,550.00 8,750.76 4.380 1.85 713 1.28% Aaa AA+ AA+ 4341 91282CCP4 T 0.625 07/31/2026 U.S. Treasury Note 09/30/2021 09/30/2021 5,000,000.00 4,968,357.52 4,654,300.00 (314,057.52) 0.950 1.94 729 1.27% Aaa AA+ AA+ 4339 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 09/23/2021 09/23/2021 1,000,000.00 997,154.74 930,940.00 (66,214.74) 0.890 2.01 760 0.25% Aaa AA+ AA+ 4342 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 11/22/2021 11/23/2021 5,000,000.00 4,946,146.67 4,654,700.00 (291,446.67) 1.285 2.01 760 1.26% Aaa AA+ AA+ 4379 91282CEW7 T 3.250 06/30/2027 U.S. Treasury Note 12/28/2022 12/29/2022 5,000,000.00 4,900,909.52 4,889,450.00 (11,459.52) 4.000 2.73 1,063 1.25% Aaa AA+ AA+ 4406 91282CEW7 T 3.250 06/30/2027 U.S. Treasury Note 12/21/2023 12/22/2023 5,000,000.00 4,904,280.40 4,889,450.00 (14,830.40) 3.960 2.73 1,063 1.25% Aaa AA+ AA+ 4409 91282CFB2 T 2.750 07/31/2027 U.S. Treasury Note 01/18/2024 01/19/2024 5,000,000.00 4,815,997.52 4,815,050.00 (947.52) 4.080 2.83 1,094 1.23% Aaa AA+ AA+ 4408 91282CHQ7 T 4.125 07/31/2028 U.S. Treasury Note 01/12/2024 01/16/2024 10,000,000.00 10,106,990.35 10,052,000.00 (54,990.35) 3.831 3.64 1,460 2.58% Aaa AA+ AA+ U.S. Treasuries 72,000,000.00 71,663,269.27 70,236,980.00 (1,426,289.27) 18.28% 4323
459056HV2
IBRD
1.500
08/28/2024
Int'l Bank for Recon and Dev
04/21/2021
04/23/2021
5,000,000.00
5,003,997.34
4,984,950.00
(19,047.34)
0.425
0.07 27
1.28%
Aaa
AAA
AAA
4338
459058JE4
IBRD
0.376
07/28/2025
Int'l Bank for Recon and Dev
07/28/2021
07/30/2021
5,000,000.00
4,989,821.28
4,790,050.00
(199,771.28)
0.583
0.97 361
1.27%
Aaa
AAA
AAA
4319
459058JL8
IBRD
0.500
10/28/2025
Int'l Bank for Recon and Dev
01/08/2021
01/12/2021
5,000,000.00
4,999,287.80
4,754,500.00
(244,787.80)
0.512
1.21 453
1.27%
Aaa
AAA
AAA
4324
45906M2L4
IBRD
0.650
02/24/2026
Int'l Bank for Recon and Dev
04/28/2021
04/30/2021
5,000,000.00
4,983,181.43
4,697,200.00
(285,981.43)
0.870
1.52 572
1.27%
Aaa
AAA
AAA
4413
45818WFN1
IADB
4.850
07/19/2027
Inter-American Development Bank
05/28/2024
05/29/2024
10,000,000.00
10,022,021.59
10,195,700.00
173,678.41
4.770
2.73 1,082
2.56%
Aaa
AAA
AAA
4401
45818WEQ5
IADB
3.800
06/09/2028
Inter-American Development Bank
09/19/2023
09/21/2023
5,000,000.00
4,858,870.32
4,938,100.00
79,229.68
4.622
3.52 1,408
1.24%
Aaa
AAA
AAA
4402
459058KT9
IBRD
3.500
07/12/2028
Int'l Bank for Recon and Dev
11/09/2023
11/13/2023
5,000,000.00
4,779,106.02
4,897,550.00
118,443.98
4.760
3.63 1,441
1.22%
Aaa
AAA
AAA
4403
459058KT9
IBRD
3.500
07/12/2028
Int'l Bank for Recon and Dev
12/04/2023
12/06/2023
5,000,000.00
4,849,276.18
4,897,550.00
48,273.82
4.350
3.63 1,441
1.24%
Aaa
AAA
AAA
4410
459058KW2
IBRD
4.625
08/01/2028
Int'l Bank for Recon and Dev
01/23/2024
01/25/2024
5,000,000.00
5,089,446.49
5,102,850.00
13,403.51
4.130
3.54 1,461
1.30%
Aaa
AAA
AAA
Supranational 50,000,000.00 49,575,008.46 49,258,450.00 (316,558.46) 12.64% 4344
3130AQ3C5
FHLB
1.000
08/28/2024
Federal Home Loan Bank
12/01/2021
12/02/2021
4,000,000.00
4,000,000.00
3,987,160.00
(12,840.00)
1.000
0.07 27
1.02%
Aaa
AA+
4373
3133XVDG3
FHLB
4.375
09/13/2024
Federal Home Loan Bank
09/22/2022
09/23/2022
5,000,000.00
5,000,742.39
4,993,350.00
(7,392.39)
4.240
0.12 43
1.28%
Aaa
AA+
4336
3130AMXJ6
FHLB
0.500
09/30/2024
Federal Home Loan Bank
06/17/2021
06/30/2021
5,000,000.00
5,000,000.00
4,960,550.00
(39,450.00)
0.500
0.16 60
1.28%
Aaa
AA+
4346
3130AQD59
FHLB
1.000
09/30/2024
Federal Home Loan Bank
12/14/2021
12/30/2021
5,000,000.00
5,000,000.00
4,964,650.00
(35,350.00)
1.000
0.16 60
1.28%
Aaa
AA+
4349
3130AQD59
FHLB
1.000
09/30/2024
Federal Home Loan Bank
12/22/2021
12/30/2021
5,000,000.00
5,000,000.00
4,964,650.00
(35,350.00)
1.000
0.16 60
1.28%
Aaa
AA+
4334
3130AMW65
FHLB
0.500
12/30/2024
Federal Home Loan Bank
06/15/2021
06/30/2021
5,000,000.00
5,000,000.00
4,902,450.00
(97,550.00)
0.500
0.41 151
1.28%
Aaa
AA+
4332
3130AMQ62
FHLB
0.625
03/14/2025
Federal Home Loan Bank
05/26/2021
06/14/2021
5,000,000.00
5,000,000.00
4,867,650.00
(132,350.00)
0.625
0.60 225
1.28%
Aaa
AA+
4397
3130AWER7
FHLB
4.625
06/06/2025
Federal Home Loan Bank
06/14/2023
06/15/2023
3,000,000.00
2,999,189.24
2,993,280.00
(5,909.24)
4.659
0.82 309
0.76%
Aaa
AA+
4329
3135G04Z3
FNMA
0.500
06/17/2025
Fannie Mae
05/13/2021
05/14/2021
5,000,000.00
4,994,454.45
4,816,450.00
(178,004.45)
0.628
0.86 320
1.27%
Aaa
AA+
AA+
4381
3135G04Z3
FNMA
0.500
06/17/2025
Fannie Mae
01/12/2023
01/13/2023
5,000,000.00
4,854,473.68
4,816,450.00
(38,023.68)
4.013
0.86 320
1.24%
Aaa
AA+
AA+
4345
3130AQ5S8
FHLB
1.250
06/30/2025
Federal Home Loan Bank
12/08/2021
12/30/2021
4,650,000.00
4,650,000.00
4,497,805.50
(152,194.50)
1.250
0.89 333
1.19%
Aaa
AA+
4327
3130AMDL3
FHLB
0.800
07/25/2025
Federal Home Loan Bank
05/11/2021
05/25/2021
5,000,000.00
5,000,000.00
4,807,250.00
(192,750.00)
0.800
0.96 358
1.28%
Aaa
AA+
4360
3130AQT94
FHLB
1.600
08/28/2025
Federal Home Loan Bank
03/03/2022
03/04/2022
4,575,000.00
4,564,763.71
4,431,711.00
(133,052.71)
1.816
1.04 392
1.16%
Aaa
AA+
4331
3130AMQ54
FHLB
0.700
09/16/2025
Federal Home Loan Bank
05/26/2021
06/16/2021
5,000,000.00
5,000,000.00
4,789,750.00
(210,250.00)
0.700
1.10 411
1.28%
Aaa
AA+
4318
3135GA2Z3
FNMA
0.560
11/17/2025
Fannie Mae
01/08/2021
01/11/2021
3,000,000.00
3,000,880.76
2,847,630.00
(153,250.76)
0.500
1.26 473
0.77%
Aaa
AA+
AA+
4320
3130AKN36
FHLB
0.525
01/15/2026
Federal Home Loan Bank
01/14/2021
01/15/2021
5,000,000.00
4,998,544.44
4,707,350.00
(291,194.44)
0.545
1.42 532
1.27%
Aaa
AA+
4321
3130AKN85
FHLB
0.550
01/20/2026
Federal Home Loan Bank
01/14/2021
01/20/2021
5,000,000.00
4,999,265.28
4,706,700.00
(292,565.28)
0.560
1.43 537
1.27%
Aaa
AA+
4322 3130AKUS3 FHLB 0.500 01/28/2026 Federal Home Loan Bank 01/26/2021 01/28/2021 5,000,000.00 5,000,000.00 4,698,200.00 (301,800.00) 0.500 1.45 545 1.28% Aaa AA+ 4333 3130ALEY6 FHLB 0.800 03/04/2026 Federal Home Loan Bank 06/09/2021 06/10/2021 5,000,000.00 5,000,000.00 4,717,700.00 (282,300.00) 0.800 1.54 580 1.28% Aaa AA+ 4328 3130AMJN3 FHLB 1.030 05/26/2026 Federal Home Loan Bank 05/12/2021 05/26/2021 5,000,000.00 5,000,000.00 4,703,850.00 (296,150.00) 1.030 1.76 663 1.28% Aaa AA+ 4335 3130AMFS6 FHLB 0.750 06/12/2026 Federal Home Loan Bank 06/16/2021 06/17/2021 5,000,000.00 4,988,785.52 4,679,950.00 (308,835.52) 0.873 1.81 680 1.27% Aaa AA+ 4388 3130AVWS7 FHLB 3.750 06/12/2026 Federal Home Loan Bank 05/08/2023 05/09/2023 3,000,000.00 2,997,486.01 2,966,910.00 (30,576.01) 3.796 1.77 680 0.76% Aaa AA+ 4398 3133EPNG6 FFCB 4.375 06/23/2026 Federal Farm Credit Bank 06/22/2023 06/23/2023 3,000,000.00 2,999,147.50 3,002,760.00 3,612.50 4.391 1.79 691 0.76% Aaa AA+ AA+ 4347 3130AQ7E7 FHLB 1.500 06/30/2026 Federal Home Loan Bank 12/14/2021 12/30/2021 5,000,000.00 5,000,850.62 4,732,150.00 (268,700.62) 1.339 1.84 698 1.28% Aaa AA+ 4384 3130AUMC5 FHLB 3.750 07/20/2026 Federal Home Loan Bank 01/17/2023 01/19/2023 5,000,000.00 5,000,000.00 4,942,150.00 (57,850.00) 3.750 1.87 718 1.28% Aaa AA+ 4356 3130AQS79 FHLB 1.375 08/07/2026 Federal Home Loan Bank 01/27/2022 02/07/2022 5,000,000.00 5,000,000.00 4,791,950.00 (208,050.00) 1.375 1.92 736 1.28% Aaa AA+ 4386 3133EPGT6 FFCB 3.875 04/26/2027 Federal Farm Credit Bank 04/21/2023 04/26/2023 5,000,000.00 4,996,066.84 4,962,150.00 (33,916.84) 3.906 2.53 998 1.27% Aaa AA+ AA+ Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
07/31/2024
Report Run Date: Oct 16, 2024 28
Accounting
ID CUSIP Ticker Coupon Maturity Date Short Description Trade Date Settlement Date Par Value Book Value Market Value Gain/Loss Book
Yield
Effective
Duration
Days to
Maturity
(%) of
Portfolio
Moodys
Rating
S&P
Rating
Fitch
Rating
4389 3133EPJP1 FFCB 3.625 05/12/2027 Federal Farm Credit Bank 05/08/2023 05/12/2023 5,000,000.00 4,990,372.33 4,928,750.00 (61,622.33) 3.700 2.58 1,014 1.27% Aaa AA+ AA+ 4392 3130AW4N7 FHLB 3.630 06/04/2027 Federal Home Loan Bank 05/16/2023 05/18/2023 5,000,000.00 5,000,000.00 4,933,150.00 (66,850.00) 3.630 2.65 1,037 1.28% Aaa AA+ 4396 3133EPMV4 FFCB 4.125 06/15/2027 Federal Farm Credit Bank 06/09/2023 06/15/2023 5,000,000.00 4,999,317.85 4,999,450.00 132.15 4.130 2.66 1,048 1.27% Aaa AA+ AA+ 4385 3134GYPF3 FHLMC 4.750 07/12/2027 Freddie Mac 04/21/2023 04/24/2023 3,300,000.00 3,296,540.22 3,292,410.00 (4,130.22) 4.791 1.45 1,075 0.84% Aaa AA+ AA+ 4405 3130AWWN6 FHLB 4.500 09/10/2027 Federal Home Loan Bank 12/04/2023 12/05/2023 4,455,000.00 4,469,421.97 4,501,510.20 32,088.23 4.383 2.82 1,135 1.14% Aaa AA+ 4395 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/09/2023 06/13/2023 5,000,000.00 5,003,555.01 4,995,250.00 (8,305.01) 3.979 3.51 1,408 1.28% Aaa AA+ 4399 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/26/2023 06/27/2023 5,000,000.00 4,997,858.02 4,995,250.00 (2,608.02) 4.012 3.51 1,408 1.27% Aaa AA+ 4400 31422X5U2 FAMCA 5.100 08/07/2028 Farmer Mac 08/02/2023 08/07/2023 2,000,000.00 2,000,000.00 1,994,780.00 (5,220.00) 5.100 1.65 1,467 0.51% 4414 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/18/2024 07/19/2024 5,000,000.00 5,113,818.19 5,142,050.00 28,231.81 4.100 4.27 1,772 1.30% Aaa AA+ 4415 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/24/2024 07/25/2024 5,000,000.00 5,100,156.02 5,142,050.00 41,893.98 4.162 4.27 1,772 1.30% Aaa AA+ U.S. Agencies 169,980,000.00 170,015,690.05 166,177,256.70 (3,838,433.35) 43.36% 4343 14913R2P1 CAT 0.600 09/13/2024 Caterpillar 11/30/2021 12/02/2021 5,000,000.00 4,997,816.08 4,971,700.00 (26,116.08) 0.980 0.12 43 1.27% A2 A A+ 4371 459200KS9 IBM 4.000 07/27/2025 IBM 08/09/2022 08/11/2022 6,000,000.00 6,010,519.70 5,937,060.00 (73,459.70) 3.810 0.95 360 1.53% A3 A- 4372 931142EW9 WMT 3.900 09/09/2025 Walmart 09/20/2022 09/22/2022 5,000,000.00 4,987,093.91 4,957,100.00 (29,993.91) 4.150 1.05 404 1.27% Aa2 AA AA 4382 717081DV2 PFE 2.750 06/03/2026 Pfizer Inc 01/13/2023 01/18/2023 5,000,000.00 4,881,657.28 4,835,200.00 (46,457.28) 4.142 1.75 671 1.24% A2 A WD 4375 110122CN6 BMY 3.200 06/15/2026 Bristol-Myers Squibb 11/14/2022 11/16/2022 5,000,000.00 4,890,350.81 4,867,550.00 (22,800.81) 4.480 1.74 683 1.25% A2 A 4390 931142EM1 WMT 3.050 07/08/2026 Walmart 05/11/2023 05/15/2023 4,257,000.00 4,202,842.69 4,152,490.65 (50,352.04) 3.752 1.80 706 1.07% Aa2 AA AA 4391 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/11/2023 05/15/2023 2,505,000.00 2,423,342.78 2,382,856.20 (40,486.58) 3.752 1.91 726 0.62% A1 A+ WD 4404 037833DN7 AAPL 2.050 09/11/2026 Apple 12/04/2023 12/06/2023 5,000,000.00 4,751,376.88 4,757,800.00 6,423.12 4.583 2.01 771 1.21% Aaa AA+ 4407 713448DN5 PEP 2.375 10/06/2026 Pepsi 12/21/2023 12/26/2023 5,000,000.00 4,806,693.75 4,783,650.00 (23,043.75) 4.273 2.05 796 1.23% A1 A+ WD 4412 24422EXB0 DE 4.950 07/14/2028 John Deere 03/25/2024 03/27/2024 5,000,000.00 5,050,683.45 5,086,950.00 36,266.55 4.662 3.54 1,443 1.29% A1 A A+ Corporates 47,762,000.00 47,002,377.35 46,732,356.85 (270,020.50) 11.99% Bond Holdings 339,742,000.00 338,256,345.12 332,405,043.55 (5,851,301.57) 86.26% Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
07/31/2024
Report Run Date: Oct 16, 2024
29 Statement of Cash Receipts and Disbursements and
Cash Receipts and Disbursements June 2024 July 2024
Receipts
GeneralFund
PropertyTax 543,241$ 928,632$
LocalSalesTax 3,681,592 4,203,048
PublicSafetySalesTax 284,457 235,598
TransientOccupancyTax(TOT) 1,387,683 1,621,249
UtilityUsersTax(UUT) 1,674,744 1,600,826
OtherRevenue 5,026,618 8,118,838
TotalGeneralFundRevenue 12,598,334 16,708,191
TotalAllOtherFundsRevenue 18,374,339 26,636,285
Total Receipts 30,972,674$ 43,344,476$
Disbursements
GeneralFund
PersonnelServices (12,959,514) (16,923,799)
OperatingExpenses (3,465,058) (6,395,953)
CapitalExpenditures ͲͲ
NonͲOperatingExpenses (962,675) (331,226)
TotalGeneralFundDisbursements (17,387,247) (23,650,978) Total All Other Funds Disbursements (38,065,071) (32,623,062) Total Disbursements (55,452,319) (56,274,039)
Net Change in Cash Flow (24,479,645)$ (12,929,563)$ Summary of Cash by Fund June 2024 July 2024
GeneralFund 156,622,490$ 149,679,703$ GeneralFundOther 5,095,531 5,580,944
CapitalProjectsFunds 39,851,022 37,925,640
DebtServiceFunds 12,030,931 12,122,317
EnterpriseFunds 86,778,559 83,251,482
TrustandAgencyFunds 16,876,857 18,619,690
InternalServiceFunds 44,029,933 39,247,434
SpecialRevenueFunds 46,594,132 48,522,681
General Ledger Cash Balances * 407,879,455$ 394,949,892$ Total cash will differ from investment portfolio total due to outstanding checks and/or other timing differences.
Note: Above information was obtained from the City's accounting system records. The above information includes receipts from maturing investments and payments for purchased investments in the city investment portfolio. This statement is prepared in compliance with the City's Charter.
Summary of Cash by Fund
City Treasurer's Office
July 2024
30