1 City of Huntington Beach
Quarterly Investment Report
March 2025
Prepared by:
Alisa Backstrom, MBA, CCMT, CPFIM
City Treasurer
Colin Stevens, MPP
Treasury Manager
2 INVESTMENT PORTFOLIO SUMMARY
As of March 31, 2025
Currently, funds within this portfolio with overnight availability are invested in the California Asset Management Program “CAMP” and a money market fund. 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.
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 just slightly below the book value, at $415.6 million versus $417.1, respectively. As investments are primarily held to maturity, the market value is only a point-in-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.
3 PORTFOLIO BREAKOUT BY SECTOR
As of March 31, 2025
The largest holding by security type at month-end was U.S. Agency securities at approximately 36% of the total overall portfolio. This was followed by U.S. Treasur y securities at approximately 21% of the total portfolio as of March 31, 2025.
INVESTMENT PORTFOLIO EARNINGS
As of March 31, 2025
4 Earnings for the month of March 2025 were $1,177,209, an increase of approximately 39% from the same month in the prior year . Fiscal year to date earnings of $9,285,186 were up approximately 30% 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 March was 3.37%, with a fiscal year-to-date return of 3.18%. The benchmark has increased with the sharp ris e in interest rates through 2022 into 2023. At the end of March, the 12-month moving average of the interpolated 1.5-year U.S. Treasury was 4. 860%. The portfolio will lag the benchmark, as it will take time for previously purchased securities to mature and for funds to be reinvested.
QUARTERLY PORTFOLIO ACTIVITY
January 1 to March 31, 2025
As interest rates have remained elevated throughout the year, available funds were invested into higher yielding options. For the quarter ending March 31, 2025, one U.S. Agency was purchased for $ 5.0 million, three U.S. Treasuries were purchased for $20.0 million, two Corporate Bonds were purchased for $10.0 million, and one Supranational ( IBRD) was purchased for $ 5.0 million. Two U.S. Agencies matured for $10.0 million.
5 COMPLIANCE SUMMARY
As of March 31, 2025
There were no compliance issues during this period.
ECONOMIC AND MARKET OVERVIEW
Since the prior quarter, The Federal Open Market Committee (‘FOMC’ or “the Fed”) held two meetings to discuss the current state of the economy and to examine potential future interest rate adjustments.
They concluded that the unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid, with inflation remaining somewh at elevated. At their most recent meeting in March, they decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent.
6 Fixed Income / Equity Markets: The yield on the 10 -year U.S. Treasury finished the quarter at 4.23%, down from 4.58% at the end of the previous quarter. The S&P 500 decreased by 4.59% and the DJIA decreased by 1.28% respectively, over the same period.
Employment: Total nonfarm payroll employment rose by 228,000 in March, and the unemployment rate was little changed at 4.2 percent. Notable job gains occurred in health care, in social assistance, and in transportation and warehousing.
Portfolio Summary
City of Huntington Beach
Portfolio: CITY
Reporting Date: (FY2025)
03/01/2025 - 03/31/2025
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
$15,042,110.48 $15,042,110.48 $15,042,110.48 3.61% 4.22% 0.15% 1 $30,677,790.75 $30,677,790.75 $30,677,790.75 7.35% 4.47% 0.33% 1 $5,000,000.00 $5,000,000.00 $5,000,000.00 1.20% 4.51% 0.05% 128 $89,000,000.00 $88,443,254.19 $88,166,480.00 21.20% 3.17% 0.67% 853 $55,000,000.00 $54,577,169.54 $54,716,900.00 13.08% 3.42% 0.45% 860 $150,980,000.00 $151,113,606.94 $149,653,528.50 36.22% 2.75% 1.00% 666 $72,762,000.00 $72,311,514.08 $72,346,138.13 17.33% 4.20% 0.73% 648 $418,461,901.23 $417,165,445.97 $415,602,947.86 100.00% 3.38% 648 Portfolio Investments
03/31/2025
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 1
Purchases 0
Total Activity 1
Period Transactions
Redemptions 17
Purchases 20
Total Activity 37
Net Period Earnings $9,285,186.47
Last FY Period Net Earnings $7,119,725.23
Avg Daily Book Balance $390,716,579.25
$1.00 $1.00
Net Effective Annual Return 3.178%
Net Period Earnings $1,177,209.05
Last FY Period Net Earnings $844,665.99
Avg Daily Book Balance $417,031,515.23
$1.00 $1.00
Net Effective Annual Return 3.375%
Fiscal YTD Summary (274 Days)Period Earnings Summary (31 Days) ______________________________________________ __________________ sum2
Total Market Value
$1.00
$415,602,947.86
sum2
Total Book Value
$2.00
$417,165,445.97
Market Value
Book Value
Par Value
sum2
Total Par Value
$1.00
$418,461,901.23
The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes. This period, that rate is equal to: 4.420% ____________________________________________
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 15,042,110.48 15,042,110.48 15,042,110.48 4.220 3.61% Cash/Money Market Total 15,042,110.48 15,042,110.48 15,042,110.48 3.61% 003 CAMP California Asset Management Program LGIP 30,677,790.75 30,677,790.75 30,677,790.75 4.470 7.35% LGIP Total 30,677,790.75 30,677,790.75 30,677,790.75 7.35% Portfolio: CITYCash By Structure Report
City of Huntington Beach
Reporting Period:
03/31/2025
Report Run Date: Apr 14, 2025
8 Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4332
Maturity
3130AMQ62
FHLB 0.625 03/14/2025
100.00000
03/14/2025
03/14/2025
5,000,000.00
5,000,000.00
0.00 5,000,000.00
Activity Total 5,000,000.00 5,000,000.00 0.00 5,000,000.00 Portfolio: CITY Bond Redemption Activity Report
City of Huntington Beach
Reporting Period:
03/31/2025
Report Run Date: Apr 14, 2025
9 Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total Activity Total 0.00 0.00 0.00 0.00 Portfolio: CITY Bond Purchase Activity Report
City of Huntington Beach
Reporting Period:
03/31/2025
Report Run Date: Apr 14, 2025
10 Accounting ID Transaction Type Cusip Description Date Posted Interest Received Purchased Interest Adjustment Net Interest
4333
Interest Income
3130ALEY6
FHLB 0.800 03/04/2026
03/04/2025
20,000.00
20,000.00
4372
Interest Income
931142EW9
WMT 3.900 09/09/2025
03/10/2025
97,500.00
97,500.00
4405
Interest Income
3130AWWN6
FHLB 4.500 09/10/2027
03/10/2025
100,237.50
100,237.50
4404
Interest Income
037833DN7
AAPL 2.050 09/11/2026
03/11/2025
51,250.00
51,250.00
4332
Interest Income
3130AMQ62
FHLB 0.625 03/14/2025
03/14/2025
15,625.00
15,625.00
4331
Interest Income
3130AMQ54
FHLB 0.700 09/16/2025
03/17/2025
17,500.00
17,500.00
Activity Total 302,112.50 0.00 302,112.50 Portfolio: CITY Bond Interest Received Report
City of Huntington Beach
Reporting Period:
03/31/2025
Report Run Date: Apr 14, 2025
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 0.35 128 1.20% AAA Negotiable CDs 5,000,000.00 5,000,000.00 5,000,000.00 0.00 1.20% 4376
91282CEU1
T
2.875
06/15/2025
U.S. Treasury Note
11/17/2022
11/18/2022
3,000,000.00
2,991,902.39
2,990,940.00
(962.39)
4.276
0.20 75
0.72%
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 4,994,036.77 4,932,950.00 (61,086.77) 0.615 0.33 121 1.20% 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 4,990,062.76 4,918,700.00 (71,362.76) 0.735 0.41 152 1.20% 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 5,033,464.97 4,969,550.00 (63,914.97) 1.103 0.41 152 1.21% 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 5,007,118.71 5,031,450.00 24,331.29 4.380 1.23 470 1.20% 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 4,978,905.01 4,784,000.00 (194,905.01) 0.950 1.30 486 1.19% Aaa AA+ AA+ 4339 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 09/23/2021 09/23/2021 1,000,000.00 998,064.48 956,090.00 (41,974.48) 0.890 1.38 517 0.24% 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 4,963,365.56 4,780,450.00 (182,915.56) 1.285 1.38 517 1.19% 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 4,923,561.44 4,932,800.00 9,238.56 4.000 2.13 820 1.18% 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 4,926,161.74 4,932,800.00 6,638.26 3.960 2.13 820 1.18% Aaa AA+ AA+ 4424 91282CKZ3 T 4.375 07/15/2027 U.S. Treasury Note 10/31/2024 11/04/2024 5,000,000.00 5,030,325.03 5,051,750.00 21,424.97 4.090 2.14 835 1.21% 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 4,856,868.27 4,873,250.00 16,381.73 4.080 2.22 851 1.16% 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 5,085,879.80 5,016,800.00 (69,079.80) 3.431 2.99 1,186 1.22% 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
10,089,183.05
10,070,700.00
(18,483.05)
3.831
3.07 1,217
2.42%
Aaa
AA+
AA+
4427
91282CKX8
T
4.250
06/30/2029
U.S. Treasury Note
01/03/2025
01/06/2025
5,000,000.00
4,985,186.81
5,060,950.00
75,763.19
4.327
3.83 1,551
1.20%
Aaa
AA+
AA+
4430
91282CKX8
T
4.250
06/30/2029
U.S. Treasury Note
01/09/2025
01/10/2025
10,000,000.00
9,938,226.10
10,121,900.00
183,673.90
4.411
3.83 1,551
2.38%
Aaa
AA+
AA+
4432
91282CFC0
T
2.625
07/31/2029
U.S. Treasury Note
01/22/2025
01/23/2025
5,000,000.00
4,650,941.29
4,741,400.00
90,458.71
4.419
4.03 1,582
1.11%
Aaa
AA+
AA+
U.S. Treasuries 89,000,000.00 88,443,254.19 88,166,480.00 (276,774.19) 21.20% 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
4,996,664.12
4,935,050.00
(61,614.12)
0.583
0.32 118
1.20%
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
4,999,670.19
4,893,250.00
(106,420.19)
0.512
0.56 210
1.20%
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
4,990,350.98
4,837,900.00
(152,450.98)
0.870
0.88 329
1.20%
Aaa
AAA
AAA
4429
459058KJ1
IBRD
3.125
06/15/2027
Int'l Bank for Recon and Dev
01/09/2025
01/10/2025
5,000,000.00
4,878,767.54
4,908,850.00
30,082.46
4.295
2.09 805
1.17%
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
10,017,072.92
10,184,100.00
167,027.08
4.770
2.14 839
2.40%
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
4,883,273.14
4,967,000.00
83,726.86
4.622
2.94 1,165
1.17%
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
4,816,413.94
4,925,650.00
109,236.06
4.760
3.05 1,198
1.15%
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
4,874,732.70
4,925,650.00
50,917.30
4.350
3.05 1,198
1.17%
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
5,074,538.75
5,098,600.00
24,061.25
4.130
3.05 1,218
1.22%
Aaa
AAA
AAA
4423
45950KDH0
IFC
4.250
07/02/2029
International Finance Corp
10/22/2024
10/23/2024
5,000,000.00
5,045,685.26
5,040,850.00
(4,835.26)
4.011
3.83 1,553
1.21%
Aaa
AAA
Supranational 55,000,000.00 54,577,169.54 54,716,900.00 139,730.46 13.08% 4397
3130AWER7
FHLB
4.625
06/06/2025
Federal Home Loan Bank
06/14/2023
06/15/2023
3,000,000.00
2,999,827.22
3,001,440.00
1,612.78
4.659
0.18 66
0.72%
Aaa
AA+
4329
3135G04Z3
FNMA
0.500
06/17/2025
Fannie Mae
05/13/2021
05/14/2021
5,000,000.00
4,998,666.26
4,959,050.00
(39,616.26)
0.628
0.21 77
1.20%
Aaa
AA+
AA+
4381
3135G04Z3
FNMA
0.500
06/17/2025
Fannie Mae
01/12/2023
01/13/2023
5,000,000.00
4,965,000.00
4,959,050.00
(5,950.00)
4.013
0.21 77
1.19%
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
4,613,590.50
(36,409.50)
1.250
0.24 90
1.11%
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
4,944,200.00
(55,800.00)
0.800
0.31 115
1.20%
Aaa
AA+
4360
3130AQT94
FHLB
1.600
08/28/2025
Federal Home Loan Bank
03/03/2022
03/04/2022
4,575,000.00
4,571,111.80
4,524,858.00
(46,253.80)
1.816
0.40 149
1.10%
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
4,919,400.00
(80,600.00)
0.700
0.45 168
1.20%
Aaa
AA+
4318
3135GA2Z3
FNMA
0.560
11/17/2025
Fannie Mae
01/08/2021
01/11/2021
3,000,000.00
3,000,427.15
2,932,410.00
(68,017.15)
0.500
0.62 230
0.72%
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
4,999,211.11
4,857,500.00
(141,711.11)
0.545
0.78 289
1.20%
Aaa
AA+
4321 3130AKN85 FHLB 0.550 01/20/2026 Federal Home Loan Bank 01/14/2021 01/20/2021 5,000,000.00 4,999,598.61 4,856,250.00 (143,348.61) 0.560 0.79 294 1.20% 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 4,850,750.00 (149,250.00) 0.500 0.81 302 1.20% 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 4,849,700.00 (150,300.00) 0.800 0.90 337 1.20% 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 4,825,550.00 (174,450.00) 1.030 1.12 420 1.20% Aaa AA+ 4335 3130AMFS6 FHLB 0.750 06/12/2026 Federal Home Loan Bank 06/16/2021 06/17/2021 5,000,000.00 4,992,796.66 4,810,250.00 (182,546.66) 0.873 1.17 437 1.20% Aaa AA+ 4388 3130AVWS7 FHLB 3.750 06/12/2026 Federal Home Loan Bank 05/08/2023 05/09/2023 3,000,000.00 2,998,385.20 2,988,810.00 (9,575.20) 3.796 1.15 437 0.72% Aaa AA+ 4398 3133EPNG6 FFCB 4.375 06/23/2026 Federal Farm Credit Bank 06/22/2023 06/23/2023 3,000,000.00 2,999,447.50 3,014,880.00 15,432.50 4.391 1.17 448 0.72% 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 5,000,554.32 4,840,400.00 (160,154.32) 1.339 1.21 455 1.20% 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 4,980,900.00 (19,100.00) 3.750 1.25 475 1.20% 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 4,883,200.00 (116,800.00) 2.250 1.31 493 1.20% Aaa AA+ 4386 3133EPGT6 FFCB 3.875 04/26/2027 Federal Farm Credit Bank 04/21/2023 04/26/2023 5,000,000.00 4,997,025.17 4,992,350.00 (4,675.17) 3.906 1.94 755 1.20% 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 4,992,680.66 4,967,150.00 (25,530.66) 3.700 1.99 771 1.20% Aaa AA+ AA+ Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
03/31/2025
Report Run Date: Apr 14, 2025
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
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 4,968,250.00 (31,750.00) 3.630 2.05 794 1.20% Aaa AA+ 4396 3133EPMV4 FFCB 4.125 06/15/2027 Federal Farm Credit Bank 06/09/2023 06/15/2023 5,000,000.00 4,999,476.18 5,017,600.00 18,123.82 4.130 2.07 805 1.20% Aaa AA+ AA+ 4385 3134GYPF3 FHLMC 4.750 07/12/2027 Freddie Mac 04/21/2023 04/24/2023 3,300,000.00 3,297,322.83 3,296,832.00 (490.83) 4.791 0.74 832 0.79% 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 4,466,328.79 4,515,588.00 49,259.21 4.383 2.29 892 1.07% Aaa AA+ 4395 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/09/2023 06/13/2023 5,000,000.00 5,002,940.31 5,012,500.00 9,559.69 3.979 2.94 1,165 1.20% Aaa AA+ 4399 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/26/2023 06/27/2023 5,000,000.00 4,998,228.40 5,012,500.00 14,271.60 4.012 2.94 1,165 1.20% 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 2,002,820.00 2,820.00 5.100 0.72 1,224 0.48% 4414 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/18/2024 07/19/2024 5,000,000.00 5,098,182.04 5,123,200.00 25,017.96 4.100 3.74 1,529 1.22% Aaa AA+ 4415 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/24/2024 07/25/2024 5,000,000.00 5,086,396.75 5,123,200.00 36,803.25 4.162 3.74 1,529 1.22% Aaa AA+ 4422 3135GAVN8 FNMA 4.330 07/09/2029 Fannie Mae 09/26/2024 10/09/2024 5,000,000.00 5,000,000.00 4,986,050.00 (13,950.00) 4.330 1.29 1,560 1.20% Aaa AA+ AA+ 4431 3136GA7A1 FNMA 4.710 07/13/2029 Fannie Mae 01/16/2025 01/23/2025 5,000,000.00 5,000,000.00 5,016,700.00 16,700.00 4.710 2.28 1,564 1.20% Aaa AA+ AA+ 4426 3134HAU43 FHLMC 4.625 12/18/2029 Freddie Mac 12/18/2024 12/20/2024 5,000,000.00 5,000,000.00 5,006,600.00 6,600.00 4.625 1.60 1,722 1.20% Aaa AA+ AA+ U.S. Agencies 150,980,000.00 151,113,606.94 149,653,528.50 (1,460,078.44) 36.22% 4371 459200KS9 IBM 4.000 07/27/2025 IBM 08/09/2022 08/11/2022 6,000,000.00 6,003,427.77 5,988,540.00 (14,887.77) 3.810 0.32 117 1.44% A3 A- 4372 931142EW9 WMT 3.900 09/09/2025 Walmart 09/20/2022 09/22/2022 5,000,000.00 4,994,876.48 4,992,750.00 (2,126.48) 4.150 0.43 161 1.20% Aa2 AA AA 4382 717081DV2 PFE 2.750 06/03/2026 Pfizer Inc 01/13/2023 01/18/2023 5,000,000.00 4,924,560.99 4,917,000.00 (7,560.99) 4.142 1.13 428 1.18% A2 A WD 4375 110122CN6 BMY 3.200 06/15/2026 Bristol-Myers Squibb 11/14/2022 11/16/2022 5,000,000.00 4,929,395.03 4,941,250.00 11,854.97 4.480 1.13 440 1.18% A2 A 4390 931142EM1 WMT 3.050 07/08/2026 Walmart 05/11/2023 05/15/2023 4,257,000.00 4,221,490.83 4,204,809.18 (16,681.65) 3.752 1.19 463 1.01% Aa2 AA AA 4391 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/11/2023 05/15/2023 2,505,000.00 2,450,675.74 2,436,838.95 (13,836.79) 3.752 1.28 483 0.59% A1 A+ WD 4404 037833DN7 AAPL 2.050 09/11/2026 Apple 12/04/2023 12/06/2023 5,000,000.00 4,829,889.45 4,856,650.00 26,760.55 4.583 1.40 528 1.16% Aaa AA+ 4407 713448DN5 PEP 2.375 10/06/2026 Pepsi 12/21/2023 12/26/2023 5,000,000.00 4,865,793.75 4,871,250.00 5,456.25 4.273 1.44 553 1.17% A1 A+ WD 4428 24422EXR5 DE 4.900 06/11/2027 John Deere 01/03/2025 01/06/2025 5,000,000.00 5,045,142.86 5,069,100.00 23,957.14 4.460 2.04 801 1.21% A1 A A+ 4417 437076DB5 HD 4.875 06/25/2027 Home Depot 08/22/2024 08/23/2024 5,000,000.00 5,081,925.40 5,070,300.00 (11,625.40) 4.061 2.04 815 1.22% A2 A A 4416 438516CX2 HON 4.650 07/30/2027 Honeywell 08/14/2024 08/15/2024 5,000,000.00 5,053,855.17 5,034,050.00 (19,805.17) 4.137 2.14 850 1.21% A2 A A 4418 023135BC9 AMZN 3.150 08/22/2027 Amazon 08/22/2024 08/23/2024 5,000,000.00 4,900,653.85 4,889,350.00 (11,303.85) 4.040 2.23 873 1.17% A1 AA AA- 4419 14913UAR1 CAT 4.400 10/15/2027 Caterpillar 09/09/2024 09/10/2024 5,000,000.00 5,061,069.96 5,018,850.00 (42,219.96) 3.886 2.33 927 1.21% A2 A A+ 4433 110122DE5 BMY 3.900 02/20/2028 Bristol-Myers Squibb 01/23/2025 01/24/2025 5,000,000.00 4,906,621.52 4,954,200.00 47,578.48 4.600 2.63 1,055 1.18% A2 A WD 4412 24422EXB0 DE 4.950 07/14/2028 John Deere 03/25/2024 03/27/2024 5,000,000.00 5,042,135.29 5,101,200.00 59,064.71 4.662 2.99 1,200 1.21% A1 A A+ Corporates 72,762,000.00 72,311,514.08 72,346,138.13 34,624.05 17.33% Bond Holdings 372,742,000.00 371,445,544.74 369,883,046.63 (1,562,498.11) 89.04% Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
03/31/2025
Report Run Date: Apr 14, 2025
13 Statement of Cash Receipts and Disbursements and
Cash Receipts and Disbursements March 2024 February 202 5 March 2025 Receipts
General Fund
Property Tax 4,914,439 $ 235,133 $ 5,425,021$ Local Sales Tax 3,861,827 5,431,712 3,506,556
Public Safety Sales Tax 325,633 240,177 326,347
Transient Occupancy Tax (TOT) 938,525 1,022,172 1,111,679 Utility Users Tax (UUT) 1,840,310 1,887,767 573,666 Other Revenue 8,370,025 4,630,154 3,345,593
Total General Fund Revenue 20,250,760 13,447,115 14,288,862 Total All Other Funds Revenue 16,780,087 14,731,688 13,910,821 Total Receipts 37,030,847$ 28,178,803 $ 28,199,683 $ Disbursements
General Fund
Personnel Services (10,693,407) (12,701,931) (12,979,446) Operating Expenses (3,697,896) (4,175,638) (4,364,763) Capital Expenditures ‐ ‐ ‐
Non‐Operating Expenses (1,236,763) (5,833) (5,833) Total General Fund Disbursements (15,628,067) (16,883,403) (17,350,042) Total All Other Funds Disbursements (13,748,398) (14,466,579) (12,581,631) Total Disbursements (29,376,465) (31,349,982) (29,931,673) Net Change in Cash Flow 7,654,382$ (3,171,179)$ (1,731,990)$ Summary of Cash by Fund March 2024 February 2025 March 2025 General Fund 125,370,553$ 130,606,978$ 127,545,798$ General Fund Other 5,029,806 2,594,103 2,517,699
Capital Projects Funds 45,761,824 47,254,052 46,339,312 Debt Service Funds 28,103,975 38,843,644 39,387,074 Enterprise Funds 80,643,342 83,732,012 86,050,881 Trust and Agency Funds 11,367,785 11,782,960 11,236,230 Internal Service Funds 46,387,107 46,631,796 46,374,212 Special Revenue Funds 44,342,787 55,700,723 55,963,072 General Ledger Cash Balances * 387,007,179$ 417,146,268$ 415,414,278$ 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
March 2025
14 Portfolio Summary
City of Huntington Beach
Portfolio: CITY
Reporting Date: (FY2025)
02/01/2025 - 02/28/2025
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
$9,718,077.29 $9,718,077.29 $9,718,077.29 2.33% 4.25% 0.10% 1 $30,571,963.93 $30,571,963.93 $30,571,963.93 7.34% 4.51% 0.33% 1 $5,000,000.00 $5,000,000.00 $5,000,000.00 1.20% 4.51% 0.05% 159 $89,000,000.00 $88,426,365.51 $87,942,090.00 21.22% 3.17% 0.67% 884 $55,000,000.00 $54,563,270.97 $54,585,300.00 13.10% 3.42% 0.45% 891 $155,980,000.00 $156,101,274.53 $154,310,708.05 37.46% 2.68% 1.00% 675 $72,762,000.00 $72,282,037.11 $72,243,565.18 17.35% 4.20% 0.73% 679 $418,032,041.22 $416,662,989.33 $414,371,704.45 100.00% 3.34% 677 Portfolio Investments
02/28/2025
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 1
Purchases 0
Total Activity 1
Period Transactions
Redemptions 16
Purchases 20
Total Activity 36
Net Period Earnings $8,107,977.42
Last FY Period Net Earnings $6,275,059.24
Avg Daily Book Balance $387,427,212.25
$1.00 $1.00
Net Effective Annual Return 3.160%
Net Period Earnings $1,128,910.54
Last FY Period Net Earnings $822,954.01
Avg Daily Book Balance $416,663,733.14
$1.00 $1.00
Net Effective Annual Return 3.590%
Fiscal YTD Summary (243 Days)Period Earnings Summary (28 Days) ______________________________________________ __________________ sum2
Total Market Value
$1.00
$414,371,704.45
sum2
Total Book Value
$2.00
$416,662,989.33
Market Value
Book Value
Par Value
sum2
Total Par Value
$1.00
$418,032,041.22
The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes. This period, that rate is equal to: 4.490% ____________________________________________
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 9,718,077.29 9,718,077.29 9,718,077.29 4.250 2.33% Cash/Money Market Total 9,718,077.29 9,718,077.29 9,718,077.29 2.33% 003 CAMP California Asset Management Program LGIP 30,571,963.93 30,571,963.93 30,571,963.93 4.510 7.34% LGIP Total 30,571,963.93 30,571,963.93 30,571,963.93 7.34% Portfolio: CITYCash By Structure Report
City of Huntington Beach
Reporting Period:
02/28/2025
Report Run Date: Apr 14, 2025
16 Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4425
Maturity
313385CA2
FHDN 0.000 02/18/2025
100.00000
02/18/2025
02/18/2025
5,000,000.00
5,000,000.00
0.00 5,000,000.00
Activity Total 5,000,000.00 5,000,000.00 0.00 5,000,000.00 Portfolio: CITY Bond Redemption Activity Report
City of Huntington Beach
Reporting Period:
02/28/2025
Report Run Date: Apr 14, 2025
17 Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total Activity Total 0.00 0.00 0.00 0.00 Portfolio: CITY Bond Purchase Activity Report
City of Huntington Beach
Reporting Period:
02/28/2025
Report Run Date: Apr 14, 2025
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
02/03/2025
115,625.00
115,625.00
4356
Interest Income
3130AQS79
FHLB 1.375 08/07/2026
02/07/2025
56,250.00
56,250.00
4400
Interest Income
31422X5U2
FAMCA 5.100 08/07/2028
02/07/2025
51,000.00
51,000.00
4433
Interest Income
110122DE5
BMY 3.900 02/20/2028
02/20/2025
97,500.00
83,416.67
14,083.33
4418
Interest Income
023135BC9
AMZN 3.150 08/22/2027
02/24/2025
78,750.00
437.50
78,312.50
4324
Interest Income
45906M2L4
IBRD 0.650 02/24/2026
02/24/2025
16,250.00
16,250.00
4351
Interest Income
9128284Z0
T 2.750 08/31/2025
02/28/2025
68,750.00
68,750.00
4360
Interest Income
3130AQT94
FHLB 1.600 08/28/2025
02/28/2025
36,600.00
36,600.00
4339
Interest Income
91282CCW9
T 0.750 08/31/2026
02/28/2025
3,750.00
3,750.00
4340
Interest Income
91282CAJ0
T 0.250 08/31/2025
02/28/2025
6,250.00
6,250.00
4342
Interest Income
91282CCW9
T 0.750 08/31/2026
02/28/2025
18,750.00
18,750.00
Activity Total 549,475.00 83,854.17 465,620.83 Portfolio: CITY Bond Interest Received Report
City of Huntington Beach
Reporting Period:
02/28/2025
Report Run Date: Apr 14, 2025
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 0.44 159 1.20% AAA Negotiable CDs 5,000,000.00 5,000,000.00 5,000,000.00 0.00 1.20% 4376
91282CEU1
T
2.875
06/15/2025
U.S. Treasury Note
11/17/2022
11/18/2022
3,000,000.00
2,988,555.38
2,987,190.00
(1,365.38)
4.276
0.29 106
0.72%
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 4,992,509.00 4,917,450.00 (75,059.00) 0.615 0.41 152 1.20% 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 4,988,036.09 4,901,850.00 (86,186.09) 0.735 0.49 183 1.20% 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 5,040,290.07 4,962,350.00 (77,940.07) 1.103 0.49 183 1.21% 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 5,007,588.25 5,029,700.00 22,111.75 4.380 1.31 501 1.20% 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 4,977,559.45 4,767,400.00 (210,159.45) 0.950 1.38 517 1.19% Aaa AA+ AA+ 4339 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 09/23/2021 09/23/2021 1,000,000.00 997,948.42 952,700.00 (45,248.42) 0.890 1.47 548 0.24% 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 4,961,168.92 4,763,500.00 (197,668.92) 1.285 1.47 548 1.19% 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 4,920,671.68 4,921,300.00 628.32 4.000 2.21 851 1.18% 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 4,923,370.30 4,921,300.00 (2,070.30) 3.960 2.21 851 1.18% Aaa AA+ AA+ 4424 91282CKZ3 T 4.375 07/15/2027 U.S. Treasury Note 10/31/2024 11/04/2024 5,000,000.00 5,031,450.86 5,044,350.00 12,899.14 4.090 2.22 866 1.21% 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 4,851,654.31 4,859,750.00 8,095.69 4.080 2.30 882 1.16% 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 5,088,124.55 5,002,950.00 (85,174.55) 3.431 3.07 1,217 1.22% 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
10,091,454.76
10,046,500.00
(44,954.76)
3.831
3.15 1,248
2.42%
Aaa
AA+
AA+
4427
91282CKX8
T
4.250
06/30/2029
U.S. Treasury Note
01/03/2025
01/06/2025
5,000,000.00
4,984,890.74
5,047,050.00
62,159.26
4.327
3.90 1,582
1.20%
Aaa
AA+
AA+
4430
91282CKX8
T
4.250
06/30/2029
U.S. Treasury Note
01/09/2025
01/10/2025
10,000,000.00
9,936,991.42
10,094,100.00
157,108.58
4.411
3.90 1,582
2.38%
Aaa
AA+
AA+
4432
91282CFC0
T
2.625
07/31/2029
U.S. Treasury Note
01/22/2025
01/23/2025
5,000,000.00
4,644,101.33
4,722,650.00
78,548.67
4.419
4.10 1,613
1.11%
Aaa
AA+
AA+
U.S. Treasuries 89,000,000.00 88,426,365.51 87,942,090.00 (484,275.51) 21.22% 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
4,995,808.76
4,919,900.00
(75,908.76)
0.583
0.40 149
1.20%
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
4,999,622.39
4,878,000.00
(121,622.39)
0.512
0.65 241
1.20%
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
4,989,454.79
4,822,800.00
(166,654.79)
0.870
0.97 360
1.20%
Aaa
AAA
AAA
4429
459058KJ1
IBRD
3.125
06/15/2027
Int'l Bank for Recon and Dev
01/09/2025
01/10/2025
5,000,000.00
4,874,186.97
4,898,200.00
24,013.03
4.295
2.17 836
1.17%
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
10,017,691.50
10,171,500.00
153,808.50
4.770
2.22 870
2.40%
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
4,880,222.79
4,958,600.00
78,377.21
4.622
3.02 1,196
1.17%
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
4,811,750.45
4,909,750.00
97,999.55
4.760
3.13 1,229
1.15%
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
4,871,550.63
4,909,750.00
38,199.37
4.350
3.13 1,229
1.17%
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
5,076,402.21
5,085,950.00
9,547.79
4.130
3.13 1,249
1.22%
Aaa
AAA
AAA
4423
45950KDH0
IFC
4.250
07/02/2029
International Finance Corp
10/22/2024
10/23/2024
5,000,000.00
5,046,580.46
5,030,850.00
(15,730.46)
4.011
3.91 1,584
1.21%
Aaa
AAA
Supranational 55,000,000.00 54,563,270.97 54,585,300.00 22,029.03 13.10% 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
4,994,200.00
(5,800.00)
0.625
0.04 13
1.20%
Aaa
AA+
4397
3130AWER7
FHLB
4.625
06/06/2025
Federal Home Loan Bank
06/14/2023
06/15/2023
3,000,000.00
2,999,747.47
3,001,590.00
1,842.53
4.659
0.26 97
0.72%
Aaa
AA+
4329
3135G04Z3
FNMA
0.500
06/17/2025
Fannie Mae
05/13/2021
05/14/2021
5,000,000.00
4,998,139.78
4,944,500.00
(53,639.78)
0.628
0.29 108
1.20%
Aaa
AA+
AA+
4381
3135G04Z3
FNMA
0.500
06/17/2025
Fannie Mae
01/12/2023
01/13/2023
5,000,000.00
4,951,184.21
4,944,500.00
(6,684.21)
4.013
0.29 108
1.19%
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
4,601,268.00
(48,732.00)
1.250
0.33 121
1.12%
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
4,929,600.00
(70,400.00)
0.800
0.39 146
1.20%
Aaa
AA+
4360
3130AQT94
FHLB
1.600
08/28/2025
Federal Home Loan Bank
03/03/2022
03/04/2022
4,575,000.00
4,570,318.29
4,515,616.50
(54,701.79)
1.816
0.49 180
1.10%
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
4,906,300.00
(93,700.00)
0.700
0.53 199
1.20%
Aaa
AA+
4318
3135GA2Z3
FNMA
0.560
11/17/2025
Fannie Mae
01/08/2021
01/11/2021
3,000,000.00
3,000,483.85
2,923,710.00
(76,773.85)
0.500
0.70 261
0.72%
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 4,999,127.78 4,843,700.00 (155,427.78) 0.545 0.86 320 1.20% Aaa AA+ 4321 3130AKN85 FHLB 0.550 01/20/2026 Federal Home Loan Bank 01/14/2021 01/20/2021 5,000,000.00 4,999,556.94 4,842,500.00 (157,056.94) 0.560 0.87 325 1.20% 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 4,836,100.00 (163,900.00) 0.500 0.89 333 1.20% 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 4,835,400.00 (164,600.00) 0.800 0.98 368 1.20% 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 4,810,100.00 (189,900.00) 1.030 1.20 451 1.20% Aaa AA+ 4335 3130AMFS6 FHLB 0.750 06/12/2026 Federal Home Loan Bank 06/16/2021 06/17/2021 5,000,000.00 4,992,295.26 4,794,450.00 (197,845.26) 0.873 1.25 468 1.20% Aaa AA+ 4388 3130AVWS7 FHLB 3.750 06/12/2026 Federal Home Loan Bank 05/08/2023 05/09/2023 3,000,000.00 2,998,272.80 2,985,780.00 (12,492.80) 3.796 1.23 468 0.72% Aaa AA+ 4398 3133EPNG6 FFCB 4.375 06/23/2026 Federal Farm Credit Bank 06/22/2023 06/23/2023 3,000,000.00 2,999,410.00 3,013,110.00 13,700.00 4.391 1.26 479 0.72% 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 5,000,591.36 4,826,300.00 (174,291.36) 1.339 1.29 486 1.20% 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 4,975,350.00 (24,650.00) 3.750 1.33 506 1.20% 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 4,872,000.00 (128,000.00) 2.250 1.39 524 1.20% Aaa AA+ 4386 3133EPGT6 FFCB 3.875 04/26/2027 Federal Farm Credit Bank 04/21/2023 04/26/2023 5,000,000.00 4,996,905.38 4,981,900.00 (15,005.38) 3.906 2.02 786 1.20% Aaa AA+ AA+ Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
02/28/2025
Report Run Date: Apr 14, 2025
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 4,992,392.12 4,955,700.00 (36,692.12) 3.700 2.07 802 1.20% 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 4,955,900.00 (44,100.00) 3.630 2.13 825 1.20% Aaa AA+ 4396 3133EPMV4 FFCB 4.125 06/15/2027 Federal Farm Credit Bank 06/09/2023 06/15/2023 5,000,000.00 4,999,456.39 5,007,350.00 7,893.61 4.130 2.15 836 1.20% Aaa AA+ AA+ 4385 3134GYPF3 FHLMC 4.750 07/12/2027 Freddie Mac 04/21/2023 04/24/2023 3,300,000.00 3,297,225.00 3,296,271.00 (954.00) 4.791 0.91 863 0.79% 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 4,466,715.43 4,506,722.55 40,007.12 4.383 2.32 923 1.07% Aaa AA+ 4395 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/09/2023 06/13/2023 5,000,000.00 5,003,017.15 4,998,550.00 (4,467.15) 3.979 3.02 1,196 1.20% Aaa AA+ 4399 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/26/2023 06/27/2023 5,000,000.00 4,998,182.10 4,998,550.00 367.90 4.012 3.02 1,196 1.20% 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 2,004,440.00 4,440.00 5.100 0.78 1,255 0.48% 4414 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/18/2024 07/19/2024 5,000,000.00 5,100,136.55 5,109,300.00 9,163.45 4.100 3.82 1,560 1.22% Aaa AA+ 4415 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/24/2024 07/25/2024 5,000,000.00 5,088,116.66 5,109,300.00 21,183.34 4.162 3.82 1,560 1.22% Aaa AA+ 4422 3135GAVN8 FNMA 4.330 07/09/2029 Fannie Mae 09/26/2024 10/09/2024 5,000,000.00 5,000,000.00 4,969,700.00 (30,300.00) 4.330 1.75 1,591 1.20% Aaa AA+ AA+ 4431 3136GA7A1 FNMA 4.710 07/13/2029 Fannie Mae 01/16/2025 01/23/2025 5,000,000.00 5,000,000.00 5,012,750.00 12,750.00 4.710 2.31 1,595 1.20% Aaa AA+ AA+ 4426 3134HAU43 FHLMC 4.625 12/18/2029 Freddie Mac 12/18/2024 12/20/2024 5,000,000.00 5,000,000.00 5,008,200.00 8,200.00 4.625 1.63 1,753 1.20% Aaa AA+ AA+ U.S. Agencies 155,980,000.00 156,101,274.53 154,310,708.05 (1,790,566.48) 37.46% 4371 459200KS9 IBM 4.000 07/27/2025 IBM 08/09/2022 08/11/2022 6,000,000.00 6,004,314.26 5,990,520.00 (13,794.26) 3.810 0.40 148 1.44% A3 A- 4372 931142EW9 WMT 3.900 09/09/2025 Walmart 09/20/2022 09/22/2022 5,000,000.00 4,993,903.66 4,985,650.00 (8,253.66) 4.150 0.51 192 1.20% Aa2 AA AA 4382 717081DV2 PFE 2.750 06/03/2026 Pfizer Inc 01/13/2023 01/18/2023 5,000,000.00 4,919,198.02 4,910,800.00 (8,398.02) 4.142 1.21 459 1.18% A2 A WD 4375 110122CN6 BMY 3.200 06/15/2026 Bristol-Myers Squibb 11/14/2022 11/16/2022 5,000,000.00 4,924,514.51 4,933,750.00 9,235.49 4.480 1.22 471 1.18% A2 A 4390 931142EM1 WMT 3.050 07/08/2026 Walmart 05/11/2023 05/15/2023 4,257,000.00 4,219,159.82 4,197,146.58 (22,013.24) 3.752 1.28 494 1.01% Aa2 AA AA 4391 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/11/2023 05/15/2023 2,505,000.00 2,447,259.12 2,429,148.60 (18,110.52) 3.752 1.37 514 0.59% A1 A+ WD 4404 037833DN7 AAPL 2.050 09/11/2026 Apple 12/04/2023 12/06/2023 5,000,000.00 4,820,075.38 4,845,350.00 25,274.62 4.583 1.47 559 1.16% Aaa AA+ 4407 713448DN5 PEP 2.375 10/06/2026 Pepsi 12/21/2023 12/26/2023 5,000,000.00 4,858,406.25 4,857,400.00 (1,006.25) 4.273 1.52 584 1.17% A1 A+ WD 4428 24422EXR5 DE 4.900 06/11/2027 John Deere 01/03/2025 01/06/2025 5,000,000.00 5,046,857.14 5,065,350.00 18,492.86 4.460 2.12 832 1.21% A1 A A+ 4417 437076DB5 HD 4.875 06/25/2027 Home Depot 08/22/2024 08/23/2024 5,000,000.00 5,085,100.81 5,063,350.00 (21,750.81) 4.061 2.12 846 1.22% A2 A A 4416 438516CX2 HON 4.650 07/30/2027 Honeywell 08/14/2024 08/15/2024 5,000,000.00 5,055,852.27 5,031,950.00 (23,902.27) 4.137 2.22 881 1.21% A2 A A 4418 023135BC9 AMZN 3.150 08/22/2027 Amazon 08/22/2024 08/23/2024 5,000,000.00 4,897,192.31 4,875,800.00 (21,392.31) 4.040 2.31 904 1.18% A1 AA AA- 4419 14913UAR1 CAT 4.400 10/15/2027 Caterpillar 09/09/2024 09/10/2024 5,000,000.00 5,063,074.44 5,009,000.00 (54,074.44) 3.886 2.42 958 1.22% A2 A A+ 4433 110122DE5 BMY 3.900 02/20/2028 Bristol-Myers Squibb 01/23/2025 01/24/2025 5,000,000.00 4,903,925.32 4,949,050.00 45,124.68 4.600 2.70 1,086 1.18% A2 A WD 4412 24422EXB0 DE 4.950 07/14/2028 John Deere 03/25/2024 03/27/2024 5,000,000.00 5,043,203.81 5,099,300.00 56,096.19 4.662 3.07 1,231 1.21% A1 A A+ Corporates 72,762,000.00 72,282,037.11 72,243,565.18 (38,471.93) 17.35% Bond Holdings 377,742,000.00 376,372,948.11 374,081,663.23 (2,291,284.88) 90.33% Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
02/28/2025
Report Run Date: Apr 14, 2025
21 Statement of Cash Receipts and Disbursements and
Cash Receipts and Disbursements February 2024 January 2025 February 2025 Receipts
General Fund
Property Tax 144,722 $ 22,503,768$ 235,133 $ Local Sales Tax 4,795,396 3,278,378 5,431,712
Public Safety Sales Tax 236,799 477,343 240,177
Transient Occupancy Tax (TOT) 1,001,534 761,373 1,022,172 Utility Users Tax (UUT) 1,815,586 1,872,992 1,887,767 Other Revenue 5,573,286 11,741,544 4,630,154 Total General Fund Revenue 13,567,325 40,635,397 13,447,115 Total All Other Funds Revenue 12,853,834 19,642,309 14,731,688 Total Receipts 26,421,158$ 60,277,707 $ 28,178,803 $ Disbursements
General Fund
Personnel Services (12,873,440) (12,155,866) (12,701,931) Operating Expenses (5,828,662) (4,091,337) (4,175,638) Capital Expenditures ‐ ‐ ‐
Non‐Operating Expenses (5,688) (197,654) (5,833)
Total General Fund Disbursements (18,707,790) (16,444,857) (16,883,403) Total All Other Funds Disbursements (12,548,735) (27,875,449) (14,466,579) Total Disbursements (31,256,525) (44,320,305) (31,349,982) Net Change in Cash Flow (4,835,366)$ 15,957,401$ (3,171,179)$ Summary of Cash by Fund February 2024 January 2025 February 2025 General Fund 92,055,917$ 132,658,771$ 129,222,483$ General Fund Other 5,084,219 2,610,736 2,616,494
Capital Projects Funds 65,411,498 47,663,293 47,254,052 Debt Service Funds 30,652,777 38,980,163 38,843,644 Enterprise Funds 79,723,530 82,717,330 83,732,012 Trust and Agency Funds 5,008,251 12,516,268 11,839,313 Internal Service Funds 52,912,108 47,222,538 46,631,796 Special Revenue Funds 49,094,233 54,543,021 55,601,145 General Ledger Cash Balances * 379,942,533$ 418,912,119$ 415,740,940$ 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
February 2025
22 Portfolio Summary
City of Huntington Beach
Portfolio: CITY
Reporting Date: (FY2025)
01/01/2025 - 01/31/2025
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
$9,099,730.60 $9,099,730.60 $9,099,730.60 2.16% 4.27% 0.09% 1 $30,464,255.69 $30,464,255.69 $30,464,255.69 7.24% 4.55% 0.33% 1 $5,000,000.00 $5,000,000.00 $5,000,000.00 1.19% 4.51% 0.05% 187 $89,000,000.00 $88,411,111.22 $87,327,120.00 21.01% 3.17% 0.67% 912 $55,000,000.00 $54,549,372.40 $54,221,150.00 12.96% 3.42% 0.44% 919 $160,980,000.00 $161,078,789.34 $158,678,855.40 38.27% 2.74% 1.05% 682 $72,762,000.00 $72,252,560.13 $71,974,512.65 17.17% 4.20% 0.72% 707 $422,305,986.29 $420,855,819.38 $416,765,624.34 100.00% 3.35% 695 Portfolio Investments
01/31/2025
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 0
Purchases 7
Total Activity 7
Period Transactions
Redemptions 15
Purchases 20
Total Activity 35
Net Period Earnings $6,979,066.88
Last FY Period Net Earnings $5,452,105.23
Avg Daily Book Balance $383,250,566.41
$1.00 $1.00
Net Effective Annual Return 3.111%
Net Period Earnings $1,146,449.46
Last FY Period Net Earnings $870,536.19
Avg Daily Book Balance $411,730,368.14
$1.00 $1.00
Net Effective Annual Return 3.328%
Fiscal YTD Summary (215 Days)Period Earnings Summary (31 Days) ______________________________________________ __________________ sum2
Total Market Value
$1.00
$416,765,624.34
sum2
Total Book Value
$2.00
$420,855,819.38
Market Value
Book Value
Par Value
sum2
Total Par Value
$1.00
$422,305,986.29
The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes. This period, that rate is equal to: 4.520% ____________________________________________
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 9,099,730.60 9,099,730.60 9,099,730.60 4.270 2.16% Cash/Money Market Total 9,099,730.60 9,099,730.60 9,099,730.60 2.16% 003 CAMP California Asset Management Program LGIP 30,464,255.69 30,464,255.69 30,464,255.69 4.550 7.24% LGIP Total 30,464,255.69 30,464,255.69 30,464,255.69 7.24% Portfolio: CITYCash By Structure Report
City of Huntington Beach
Reporting Period:
01/31/2025
Report Run Date: Apr 14, 2025
24 Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total Activity Total 0.00 0.00 0.00 0.00 Portfolio: CITY Bond Redemption Activity Report
City of Huntington Beach
Reporting Period:
01/31/2025
Report Run Date: Apr 14, 2025
25 Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4427
Buy
91282CKX8
T 4.250 06/30/2029
99.68750
01/06/2025
01/06/2025
5,000,000.00
4,984,375.00
3,522.10
4,987,897.10
4428
Buy
24422EXR5
DE 4.900 06/11/2027
101.00000
01/06/2025
01/06/2025
5,000,000.00
5,050,000.00
17,013.89
5,067,013.89
4429
Buy
459058KJ1
IBRD 3.125 06/15/2027
97.32800
01/10/2025
01/10/2025
5,000,000.00
4,866,400.00
10,850.69
4,877,250.69
4430
Buy
91282CKX8
T 4.250 06/30/2029
99.35000
01/10/2025
01/10/2025
10,000,000.00
9,935,000.00
11,740.33
9,946,740.33
4431
Buy
3136GA7A1
FNMA 4.710 07/13/2029
100.00000
01/23/2025
01/23/2025
5,000,000.00
5,000,000.00
0.00 5,000,000.00
4432
Buy
91282CFC0
T 2.625 07/31/2029
92.71875
01/23/2025
01/23/2025
5,000,000.00
4,635,937.50
62,771.74
4,698,709.24
4433
Buy
110122DE5
BMY 3.900 02/20/2028
98.01200
01/24/2025
01/24/2025
5,000,000.00
4,900,600.00
83,416.67
4,984,016.67
Activity Total 40,000,000.00 39,372,312.50 189,315.42 39,561,627.92 Portfolio: CITY Bond Purchase Activity Report
City of Huntington Beach
Reporting Period:
01/31/2025
Report Run Date: Apr 14, 2025
26 Accounting ID Transaction Type Cusip Description Date Posted Interest Received Purchased Interest Adjustment Net Interest
4423
Interest Income
45950KDH0
IFC 4.250 07/02/2029
01/02/2025
106,250.00
65,520.83
40,729.17
4390
Interest Income
931142EM1
WMT 3.050 07/08/2026
01/08/2025
64,919.25
64,919.25
4385
Interest Income
3134GYPF3
FHLMC 4.750 07/12/2027
01/13/2025
78,375.00
78,375.00
4402
Interest Income
459058KT9
IBRD 3.500 07/12/2028
01/13/2025
87,500.00
87,500.00
4403
Interest Income
459058KT9
IBRD 3.500 07/12/2028
01/13/2025
87,500.00
87,500.00
4412
Interest Income
24422EXB0
DE 4.950 07/14/2028
01/14/2025
123,750.00
123,750.00
4411
Interest Income
91282CHM6
T 4.500 07/15/2026
01/15/2025
112,500.00
112,500.00
4424
Interest Income
91282CKZ3
T 4.375 07/15/2027
01/15/2025
109,375.00
66,576.09
42,798.91
4320
Interest Income
3130AKN36
FHLB 0.525 01/15/2026
01/15/2025
13,125.00
13,125.00
4384
Interest Income
3130AUMC5
FHLB 3.750 07/20/2026
01/21/2025
93,750.00
93,750.00
4413
Interest Income
45818WFN1
IADB 4.850 07/19/2027
01/21/2025
242,500.00
242,500.00
4321
Interest Income
3130AKN85
FHLB 0.550 01/20/2026
01/21/2025
13,750.00
13,750.00
4371
Interest Income
459200KS9
IBM 4.000 07/27/2025
01/27/2025
120,000.00
120,000.00
4338
Interest Income
459058JE4
IBRD 0.376 07/28/2025
01/28/2025
9,400.00
9,400.00
4391
Interest Income
904764AU1
UNANA 2.000 07/28/2026
01/28/2025
25,050.00
25,050.00
4322
Interest Income
3130AKUS3
FHLB 0.500 01/28/2026
01/28/2025
12,500.00
12,500.00
4416
Interest Income
438516CX2
HON 4.650 07/30/2027
01/30/2025
115,604.17
9,041.67
106,562.50
4341
Interest Income
91282CCP4
T 0.625 07/31/2026
01/31/2025
15,625.00
15,625.00
4408
Interest Income
91282CHQ7
T 4.125 07/31/2028
01/31/2025
206,250.00
206,250.00
4409
Interest Income
91282CFB2
T 2.750 07/31/2027
01/31/2025
68,750.00
68,750.00
4432
Interest Income
91282CFC0
T 2.625 07/31/2029
01/31/2025
65,625.00
62,771.74
2,853.26
4330
Interest Income
91282CAB7
T 0.250 07/31/2025
01/31/2025
6,250.00
6,250.00
Activity Total 1,778,348.42 203,910.33 1,574,438.09 Portfolio: CITY Bond Interest Received Report
City of Huntington Beach
Reporting Period:
01/31/2025
Report Run Date: Apr 14, 2025
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
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 0.51 187 1.19% AAA Negotiable CDs 5,000,000.00 5,000,000.00 5,000,000.00 0.00 1.19% 4376
91282CEU1
T
2.875
06/15/2025
U.S. Treasury Note
11/17/2022
11/18/2022
3,000,000.00
2,985,532.28
2,984,040.00
(1,492.28)
4.276
0.36 134
0.71%
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 4,991,129.07 4,902,750.00 (88,379.07) 0.615 0.49 180 1.19% 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 4,986,205.54 4,885,800.00 (100,405.54) 0.735 0.57 211 1.18% 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 5,046,454.67 4,955,800.00 (90,654.67) 1.103 0.56 211 1.20% 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 5,008,012.34 5,019,550.00 11,537.66 4.380 1.39 529 1.19% 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 4,976,344.10 4,743,550.00 (232,794.10) 0.950 1.46 545 1.18% Aaa AA+ AA+ 4339 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 09/23/2021 09/23/2021 1,000,000.00 997,843.59 947,730.00 (50,113.59) 0.890 1.54 576 0.24% 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 4,959,184.85 4,738,650.00 (220,534.85) 1.285 1.54 576 1.18% 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 4,918,061.59 4,892,400.00 (25,661.59) 4.000 2.28 879 1.17% 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 4,920,848.99 4,892,400.00 (28,448.99) 3.960 2.28 879 1.17% Aaa AA+ AA+ 4424 91282CKZ3 T 4.375 07/15/2027 U.S. Treasury Note 10/31/2024 11/04/2024 5,000,000.00 5,032,467.75 5,017,800.00 (14,667.75) 4.090 2.30 894 1.20% 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 4,846,944.92 4,826,950.00 (19,994.92) 4.080 2.38 910 1.15% 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 5,090,152.06 4,958,200.00 (131,952.06) 3.431 3.15 1,245 1.21% 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
10,093,506.63
9,952,000.00
(141,506.63)
3.831
3.22 1,276
2.40%
Aaa
AA+
AA+
4427
91282CKX8
T
4.250
06/30/2029
U.S. Treasury Note
01/03/2025
01/06/2025
5,000,000.00
4,984,623.32
4,984,550.00
(73.32)
4.327
3.97 1,610
1.18%
Aaa
AA+
AA+
4430
91282CKX8
T
4.250
06/30/2029
U.S. Treasury Note
01/09/2025
01/10/2025
10,000,000.00
9,935,876.23
9,969,100.00
33,223.77
4.411
3.97 1,610
2.36%
Aaa
AA+
AA+
4432
91282CFC0
T
2.625
07/31/2029
U.S. Treasury Note
01/22/2025
01/23/2025
5,000,000.00
4,637,923.30
4,655,850.00
17,926.70
4.419
4.17 1,641
1.10%
Aaa
AA+
AA+
U.S. Treasuries 89,000,000.00 88,411,111.22 87,327,120.00 (1,083,991.22) 21.01% 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
4,994,953.41
4,903,800.00
(91,153.41)
0.583
0.48 177
1.19%
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
4,999,574.59
4,860,250.00
(139,324.59)
0.512
0.72 269
1.19%
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
4,988,558.59
4,800,700.00
(187,858.59)
0.870
1.04 388
1.19%
Aaa
AAA
AAA
4429
459058KJ1
IBRD
3.125
06/15/2027
Int'l Bank for Recon and Dev
01/09/2025
01/10/2025
5,000,000.00
4,869,606.40
4,871,200.00
1,593.60
4.295
2.24 864
1.16%
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
10,018,310.09
10,123,600.00
105,289.91
4.770
2.30 898
2.38%
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
4,877,172.44
4,916,700.00
39,527.56
4.622
3.10 1,224
1.16%
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
4,807,086.96
4,865,100.00
58,013.04
4.760
3.20 1,257
1.14%
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
4,868,368.57
4,865,100.00
(3,268.57)
4.350
3.20 1,257
1.16%
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
5,078,265.68
5,044,500.00
(33,765.68)
4.130
3.13 1,277
1.21%
Aaa
AAA
AAA
4423
45950KDH0
IFC
4.250
07/02/2029
International Finance Corp
10/22/2024
10/23/2024
5,000,000.00
5,047,475.67
4,970,200.00
(77,275.67)
4.011
3.97 1,612
1.20%
Aaa
AAA
Supranational 55,000,000.00 54,549,372.40 54,221,150.00 (328,222.40) 12.96% 4425
313385CA2
FHDN
0.000
02/18/2025
Federal Home Loan Bank Discount
12/10/2024
12/11/2024
5,000,000.00
4,989,847.22
4,989,500.00
(347.22)
4.408
0.05 17
1.19%
P-1
A-1+
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
4,979,700.00
(20,300.00)
0.625
0.11 41
1.19%
Aaa
AA+
4397
3130AWER7
FHLB
4.625
06/06/2025
Federal Home Loan Bank
06/14/2023
06/15/2023
3,000,000.00
2,999,667.72
3,003,120.00
3,452.28
4.659
0.34 125
0.71%
Aaa
AA+
4329
3135G04Z3
FNMA
0.500
06/17/2025
Fannie Mae
05/13/2021
05/14/2021
5,000,000.00
4,997,613.31
4,928,950.00
(68,663.31)
0.628
0.37 136
1.19%
Aaa
AA+
AA+
4381
3135G04Z3
FNMA
0.500
06/17/2025
Fannie Mae
01/12/2023
01/13/2023
5,000,000.00
4,937,368.42
4,928,950.00
(8,418.42)
4.013
0.37 136
1.17%
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
4,593,409.50
(56,590.50)
1.250
0.40 149
1.10%
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
4,918,300.00
(81,700.00)
0.800
0.47 174
1.19%
Aaa
AA+
4360
3130AQT94
FHLB
1.600
08/28/2025
Federal Home Loan Bank
03/03/2022
03/04/2022
4,575,000.00
4,569,524.78
4,507,244.25
(62,280.53)
1.816
0.56 208
1.09%
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
4,891,650.00
(108,350.00)
0.700
0.61 227
1.19%
Aaa
AA+
4318 3135GA2Z3 FNMA 0.560 11/17/2025 Fannie Mae 01/08/2021 01/11/2021 3,000,000.00 3,000,540.55 2,915,220.00 (85,320.55) 0.500 0.78 289 0.71% 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 4,999,044.44 4,829,800.00 (169,244.44) 0.545 0.93 348 1.19% Aaa AA+ 4321 3130AKN85 FHLB 0.550 01/20/2026 Federal Home Loan Bank 01/14/2021 01/20/2021 5,000,000.00 4,999,515.28 4,823,950.00 (175,565.28) 0.560 0.95 353 1.19% 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 4,822,100.00 (177,900.00) 0.500 0.97 361 1.19% 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 4,816,150.00 (183,850.00) 0.800 1.06 396 1.19% 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 4,795,100.00 (204,900.00) 1.030 1.28 479 1.19% Aaa AA+ 4335 3130AMFS6 FHLB 0.750 06/12/2026 Federal Home Loan Bank 06/16/2021 06/17/2021 5,000,000.00 4,991,793.87 4,769,950.00 (221,843.87) 0.873 1.33 496 1.19% Aaa AA+ 4388 3130AVWS7 FHLB 3.750 06/12/2026 Federal Home Loan Bank 05/08/2023 05/09/2023 3,000,000.00 2,998,160.40 2,981,220.00 (16,940.40) 3.796 1.31 496 0.71% Aaa AA+ 4398 3133EPNG6 FFCB 4.375 06/23/2026 Federal Farm Credit Bank 06/22/2023 06/23/2023 3,000,000.00 2,999,372.50 3,013,680.00 14,307.50 4.391 1.33 507 0.71% 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 5,000,628.40 4,811,750.00 (188,878.40) 1.339 1.37 514 1.19% 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 4,966,300.00 (33,700.00) 3.750 1.41 534 1.19% 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 4,856,050.00 (143,950.00) 2.250 1.45 552 1.19% Aaa AA+ Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
01/31/2025
Report Run Date: Apr 14, 2025
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
4386 3133EPGT6 FFCB 3.875 04/26/2027 Federal Farm Credit Bank 04/21/2023 04/26/2023 5,000,000.00 4,996,785.59 4,961,500.00 (35,285.59) 3.906 2.09 814 1.19% 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 4,992,103.58 4,933,700.00 (58,403.58) 3.700 2.14 830 1.19% 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 4,930,600.00 (69,400.00) 3.630 2.20 853 1.19% Aaa AA+ 4396 3133EPMV4 FFCB 4.125 06/15/2027 Federal Farm Credit Bank 06/09/2023 06/15/2023 5,000,000.00 4,999,436.60 4,985,400.00 (14,036.60) 4.130 2.22 864 1.19% Aaa AA+ AA+ 4385 3134GYPF3 FHLMC 4.750 07/12/2027 Freddie Mac 04/21/2023 04/24/2023 3,300,000.00 3,297,127.17 3,294,357.00 (2,770.17) 4.791 1.14 891 0.78% 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 4,467,102.08 4,482,754.65 15,652.57 4.383 2.40 951 1.06% Aaa AA+ 4395 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/09/2023 06/13/2023 5,000,000.00 5,003,093.99 4,948,750.00 (54,343.99) 3.979 3.09 1,224 1.19% Aaa AA+ 4399 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/26/2023 06/27/2023 5,000,000.00 4,998,135.80 4,948,750.00 (49,385.80) 4.012 3.09 1,224 1.19% 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 2,004,400.00 4,400.00 5.100 0.97 1,283 0.48% 4414 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/18/2024 07/19/2024 5,000,000.00 5,102,091.07 5,052,350.00 (49,741.07) 4.100 3.89 1,588 1.21% Aaa AA+ 4415 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/24/2024 07/25/2024 5,000,000.00 5,089,836.57 5,052,350.00 (37,486.57) 4.162 3.89 1,588 1.21% Aaa AA+ 4422 3135GAVN8 FNMA 4.330 07/09/2029 Fannie Mae 09/26/2024 10/09/2024 5,000,000.00 5,000,000.00 4,951,300.00 (48,700.00) 4.330 2.23 1,619 1.19% Aaa AA+ AA+ 4431 3136GA7A1 FNMA 4.710 07/13/2029 Fannie Mae 01/16/2025 01/23/2025 5,000,000.00 5,000,000.00 4,993,950.00 (6,050.00) 4.710 2.56 1,623 1.19% Aaa AA+ AA+ 4426 3134HAU43 FHLMC 4.625 12/18/2029 Freddie Mac 12/18/2024 12/20/2024 5,000,000.00 5,000,000.00 4,996,600.00 (3,400.00) 4.625 2.01 1,781 1.19% Aaa AA+ AA+ U.S. Agencies 160,980,000.00 161,078,789.34 158,678,855.40 (2,399,933.94) 38.27% 4371 459200KS9 IBM 4.000 07/27/2025 IBM 08/09/2022 08/11/2022 6,000,000.00 6,005,200.75 5,989,440.00 (15,760.75) 3.810 0.47 176 1.43% A3 A- 4372 931142EW9 WMT 3.900 09/09/2025 Walmart 09/20/2022 09/22/2022 5,000,000.00 4,992,930.83 4,985,950.00 (6,980.83) 4.150 0.58 220 1.19% Aa2 AA AA 4382 717081DV2 PFE 2.750 06/03/2026 Pfizer Inc 01/13/2023 01/18/2023 5,000,000.00 4,913,835.06 4,893,650.00 (20,185.06) 4.142 1.29 487 1.17% A2 A WD 4375 110122CN6 BMY 3.200 06/15/2026 Bristol-Myers Squibb 11/14/2022 11/16/2022 5,000,000.00 4,919,633.98 4,920,600.00 966.02 4.480 1.30 499 1.17% A2 A 4390 931142EM1 WMT 3.050 07/08/2026 Walmart 05/11/2023 05/15/2023 4,257,000.00 4,216,828.80 4,183,992.45 (32,836.35) 3.752 1.37 522 1.00% Aa2 AA AA 4391 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/11/2023 05/15/2023 2,505,000.00 2,443,842.50 2,419,930.20 (23,912.30) 3.752 1.44 542 0.58% A1 A+ WD 4404 037833DN7 AAPL 2.050 09/11/2026 Apple 12/04/2023 12/06/2023 5,000,000.00 4,810,261.31 4,824,950.00 14,688.69 4.583 1.54 587 1.14% Aaa AA+ 4407 713448DN5 PEP 2.375 10/06/2026 Pepsi 12/21/2023 12/26/2023 5,000,000.00 4,851,018.75 4,839,300.00 (11,718.75) 4.273 1.60 612 1.15% A1 A+ WD 4428 24422EXR5 DE 4.900 06/11/2027 John Deere 01/03/2025 01/06/2025 5,000,000.00 5,048,571.43 5,046,250.00 (2,321.43) 4.460 2.19 860 1.20% A1 A A+ 4417 437076DB5 HD 4.875 06/25/2027 Home Depot 08/22/2024 08/23/2024 5,000,000.00 5,088,276.21 5,047,250.00 (41,026.21) 4.061 2.19 874 1.21% A2 A A 4416 438516CX2 HON 4.650 07/30/2027 Honeywell 08/14/2024 08/15/2024 5,000,000.00 5,057,849.37 5,018,100.00 (39,749.37) 4.137 2.30 909 1.20% A2 A A 4418 023135BC9 AMZN 3.150 08/22/2027 Amazon 08/22/2024 08/23/2024 5,000,000.00 4,893,730.77 4,848,150.00 (45,580.77) 4.040 2.36 932 1.16% A1 AA AA- 4419 14913UAR1 CAT 4.400 10/15/2027 Caterpillar 09/09/2024 09/10/2024 5,000,000.00 5,065,078.92 4,984,200.00 (80,878.92) 3.886 2.49 986 1.20% A2 A A+ 4433 110122DE5 BMY 3.900 02/20/2028 Bristol-Myers Squibb 01/23/2025 01/24/2025 5,000,000.00 4,901,229.11 4,908,900.00 7,670.89 4.600 2.73 1,114 1.16% A2 A WD 4412 24422EXB0 DE 4.950 07/14/2028 John Deere 03/25/2024 03/27/2024 5,000,000.00 5,044,272.33 5,063,850.00 19,577.67 4.662 3.14 1,259 1.20% A1 A A+ Corporates 72,762,000.00 72,252,560.13 71,974,512.65 (278,047.48) 17.17% Bond Holdings 382,742,000.00 381,291,833.09 377,201,638.05 (4,090,195.04) 90.60% Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
01/31/2025
Report Run Date: Apr 14, 2025
29 Statement of Cash Receipts and Disbursements and
Cash Receipts and Disbursements January 2024 December 2024 January 2025 Receipts
General Fund
Property Tax 19,158,531$ 21,433,013$ 22,503,768$
Local Sales Tax 3,385,565 3,902,573 3,278,378
Public Safety Sales Tax 241,753 282,770 477,343
Transient Occupancy Tax (TOT) 1,031,836 953,287 761,373 Utility Users Tax (UUT) 1,854,414 632,281 1,872,992
Other Revenue 5,055,037 5,699,051 11,741,544
Total General Fund Revenue 30,727,136 32,902,974 40,635,397 Total All Other Funds Revenue 20,986,315 21,008,154 19,642,309 Total Receipts 51,713,451$ 53,911,128$ 60,277,707$
Disbursements
General Fund
Personnel Services (12,176,399) (12,903,173) (12,155,866) Operating Expenses (4,845,543) (3,807,718) (4,091,337)
Capital Expenditures - - -
Non-Operating Expenses (201,186) (302,936) (197,654)
Total General Fund Disbursements (17,223,128) (17,013,827) (16,444,857) Total All Other Funds Disbursements (23,888,352) (17,034,933) (27,875,449) Total Disbursements (41,111,480) (34,048,761) (44,320,305) Net Change in Cash Flow 10,601,970$ 19,862,367$ 15,957,401$ Summary of Cash by Fund January 2024 December 2024 January 2025 General Fund 83,851,956$ 106,715,947$ 130,906,488$
General Fund Other 5,361,116 2,565,830 2,603,591
Capital Projects Funds 67,553,371 48,713,556 47,663,293 Debt Service Funds 29,577,241 38,073,970 38,980,163
Enterprise Funds 81,583,428 90,039,255 82,717,330
Trust and Agency Funds 3,362,860 13,242,899 12,443,044
Internal Service Funds 52,107,813 49,040,772 47,222,538 Special Revenue Funds 50,053,181 52,608,115 54,421,300
General Ledger Cash Balances * 373,450,966$ 401,000,344$ 416,957,745$ 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
January 2025
30