1 City of Huntington Beach
Quarterly Investment Report
September 2025
Prepared by:
Jason Schmitt
City Treasurer
2 INVESTMENT PORTFOLIO SUMMARY
As of September 30, 2025
Funds within this portfolio with overnight availabi lity 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, Supranational Securities (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.
For the quarter and fiscal year ending September 30, 2025, the market value of the portfolio surpassed the book value of the portfolio at $409.6 million versus $408.5 million. This was due to the decrease in overall market interest rates over the last year, whic h served to increase the prices (value) of the existing securities in the portfolio. This was a reversal of much of the fiscal year as within the last year we had seen primarily increasing market interest ra tes, which had led to the portfolio market value being lower than the book value. As investments are primarily held to maturity, the market value is only a point-in-time measurement and no gain is realized.
3 PORTFOLIO BREAKOUT BY SECTOR
As of September 30, 2025
The largest holding by security type at month-end was U.S. Agency securities at approximately 33% of the total overall portfolio versus 35% as of June 30, 2025. This was followed by Corporate securities at approximately 22% of the total portfolio as of September 30, 2025 versus 18% as of June 30, 2025.
INVESTMENT PORTFOLIO EARNINGS
As of September 30, 2025
Earnings for the month of June 2025 were $1,245,03 1, an increase of approximately 31% from the same month in the prior year. Fiscal year-to-date earnings of $3,755,651 increased approximately $854,733 or 29% from the previous fiscal year. Th ese higher earnings were due to the increase in interest rates and the higher average balance of the portfolio. The effective rate of return for September
4 was 3.75%, with a fiscal year-to-date return of 3.59%. At the end of September, the 12-month moving average of the interpolated 1.5-year U.S. Treasury was 4.00%. The portfolio will lag the benchmark, as it will take time for previously purchased securities to mature and for funds to be reinvested.
PORTFOLIO BREAKOUT BY MATURITY
As of September 30, 2025
Cash and LGIP funds as of September 30, 2025 stood at $58,858,295, which was $342,640 lower than as of June 30, 2025. Overall, Cash/Money Market an d Short-Term Investments (defined as < 1 year maturity) accounted for 39% of the total portfoli o with another 22% being Medium-Term Investments (defined as 1-2 year maturity).
COMPLIANCE SUMMARY
As of September 30, 2025
5 There were no compliance issues during this period with either cash or investment holdings.
ECONOMIC AND MARKET OVERVIEW
On September 17, 2025, Chairman Powell described the Federal Reserve's quarter-point rate cut as a "risk management cut," to balance a cooling labor ma rket with persistent inflation risk. He indicated a cautious approach to future decisions and that future cuts would depend on incoming data. Powell's remarks noted that while s ome officials favored more aggressive cuts due to labor market pr essure, the over all outlook , espec ially c oncerning infla tion, suggested a gr adual path forward.
Markets: The yield on the 10-year U.S. Treasury finished the quarter at 4.15%, down from 4.23% at the end of th e previous quarter. The S&P 50 0 increas ed by 7.8% and the DJIA increased by 5.2%.
Employment: Due to the government shutdown, the Bureau of Labor Statistics has delayed the release of September unemployment report. The September 5th release showed that August non-farm payroll employment rose modestly by 22,000, showing little change since April. The unemployment rate held steady at 4.3%. Job gains in health care were large ly offset by losses in the federal government and mining, quarrying, and oil and gas extraction.
Date 2-Year 10-Year S&P 500 DJIA
3/31/2025 4.25%-4.50% 3.89% 4.23% 5,611.85 42,001.76
6/30/2025 4.25%-4.50% 3.72% 4.24% 6,204.95 44,094.77
9/30/2025 4.00%-4.25% 3.61% 4.15% 6,688.46 46,397.89
3/31-6/30 Change Flat -17bps +1bps 10.6% 5.0%
7/1-9/30 Change -25bps -11bps -9bps 7.8% 5.2%
Treasury
Fed Funds Rate
Markets
Market Summary: July 1, 2025 - September 30, 2025
Portfolio Summary
City of Huntington Beach
Portfolio: CITY
Reporting Date: (FY2026)
09/01/2025 - 09/30/2025
Full Accrual Basis
Portfolio Investments
09/30/2025
Date
City Treasurer
Title
Jason Schmitt
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 (Par)
Redemptions 2 $10,000,000
Purchases 4 $20,000,000
Total Activity 6 $30,000,000
Period Transactions (Par)
Redemptions 13 $60,875,000
Purchases 6 $30,000,000
Total Activity 19 $90,875,000
Net Period Earnings $3,755,651.19
Last FY Period Net Earnings $2,900,878.54
Avg Daily Book Balance $420,236,180.94
$1.00 $1.00
Net Effective Annual Return 3.593%
Net Period Earnings $1,245,030.67
Last FY Period Net Earnings $948,660.13
Avg Daily Book Balance $410,610,851.89
$1.00 $1.00
Net Effective Annual Return 3.752%
Fiscal YTD Summary (92 Days)Period Earnings Summary (30 Days) City Treasurer
Title
______________________________________________
09/30/2025
DateDate
__________________
sum2
Total Market Value
$1.00
$409,605,975.13
sum2
Total Book Value
$2.00
$408,545,306.91
Market Value
Book Value
Par Value
sum2
Total Par Value
$1.00
$409,075,296.04
Jason Schmitt
____________________________________________
Par Value Book Value Market Value Book Value
% of Port Book Yield Book Yield
Contribution
Years to
Maturity
Cash / Money Market
Local Govt Inv Pools (LGIP)
U.S. Treasuries
Supranational
U.S. Agencies
Corporates
Total
$12,097,563.18 $12,097,563.18 $12,097,563.18 2.96% 3.97% 0.12% 0.00 $46,760,732.86 $46,760,732.86 $46,760,732.86 11.45% 4.36% 0.50% 0.00 $71,000,000.00 $70,533,034.17 $70,951,130.00 17.26% 3.63% 0.63% 2.34 $55,000,000.00 $54,749,902.26 $55,164,500.00 13.40% 3.71% 0.50% 2.03 $132,455,000.00 $132,709,189.92 $132,600,938.65 32.48% 3.08% 1.00% 1.92 $91,762,000.00 $91,694,884.52 $92,031,110.44 22.44% 4.18% 0.94% 2.26 $409,075,296.04 $408,545,306.91 $409,605,975.13 100.00% 3.68% 1.81 Portfolio Characteristics
Sector Breakdown
Portfolio Book Yield
Portfolio Market
Yield
Effective Duration
Weighted Avg
Maturity (Yrs)/WAL
Weighted Avg
Maturity (Days)
3.68%
3.90%
1.52 1.81
661
Weighted Avg
CouponComposite Rating
Number of Securities
Held
Median Security Size
Held
Net Asset Value
(NAV)
3.55%
AA2
70 $5,000,000.00
$1.00260
Callable Breakdown
Call
Options
Refunding
Options
Onetime (1x)
Monthly (Dm)
Quarterly (Dq)
Semi-Annual
(Ds)
Annual (Da)
Anytime (Cc)
Total
3.67% 0.00%
0.00% 0.00%
8.57% 0.00%
1.22% 0.00%
3.67% 0.00%
4.81% 10.89%
21.95% 10.89%
Bookk Valuee %% off Portfolio
4-5Yr
2.45%
3-4Yr
18.12%
2-3Yr
18.34%
1-2Yr
21.84%
CASH
14.41%
0-1Yr
24.84%
$ Millions
5 3
15 5 5 5
26 22
11 5 5 5 5
35 30
5 4 5 10
25 30
5 39
25 10 5 5
2025:Oct2025:Nov2026:Jan2026:Feb2026:Mar2026:May2026:Jun 2026:Jul2026:Aug2026:Sep2026:Oct2027:Apr2027:May2027:Jun 2027:Jul2027:Aug2027:Sep2027:Oct2028:Feb2028:Jun 2028:Jul2028:Aug2029:Jun 2029:Jul2029:Aug2029:Dec2030:Sep 0 1.0E7
2.0E7
3.0E7
4.0E7
5.0E7
Asset Maturities by Month
Issuer Holdings - Top 10
Bookk Valuee %% off Port
Corporates
22.44%
U.S. Agencies
32.48%
Cash / Money
Market
2.96%
Local Govt Inv
Pools (LGIP)
11.45%
U.S. Treasuries
17.26%
Supranational
13.40%
2.49%
2.96%
3.62%
4.40%
4.90%
5.63%
7.27%
11.45%
17.26%
20.00%
0.00% 10.00% 20.00%
FHLB
T
CAMP
IBRD
FNMA
IADB
FFCB
BMY
FUZXX
HD
Maturity DistributionTotal Cash & Investments
sum2
Total Market Value
$1.00
$409,605,975.13
sum2
Total Book Value
$2.00
$408,545,306.91
sum2
Total Par Value
$1.00
$409,075,296.04
Market Value
Book Value
Par Value
Portfolio Summary
City of Huntington Beach
Portfolio: CITY
Reporting Date: 09/30/2025
Last Pricing Date: 09/30/2025
Gain/Loss Est. $1,060,668.22
Holdings Compliance Summary
City of Huntington Beach
Portfolio: CITY
Reporting Date: 09/30/2025
Holdings Compliance Summary
Limit Actual Compliant
Investment Limit
Limit Actual Compliant
Issuer Limit
Limit Actual Compliant
Maximum Maturity
Actual Min Rating
Short Term
Actual Min Rating
Long Term Compliant
Credit Ratings
U.S. Treasuries
Supranational
U.S. Agencies
Corporates
100.00% 17.26% Yes 100.00% 17.26% Yes 5.00 Years 3.83 Years Yes N/A N/A Yes
30.00% 13.40% Yes 100.00% 7.27% Yes 5.00 Years 3.75 Years Yes N/A AAA/Aaa/AAA Yes 100.00% 32.48% Yes 100.00% 20.00% Yes 5.00 Years 4.21 Years Yes N/A N/A Yes
30.00% 22.44% Yes 10.00% 3.62% Yes 5.00 Years 4.98 Years Yes N/A A/A2/A Yes Cash Compliance Summary
Cash Account Account Description
% of
Portfolio
Maximum
% of
Portfolio % Investable Dollar Portfolio Maximum Current Book Value Investable Value Compliant 003-CAMP California Asset Management Program 11.45% $75,000,000.00 $46,760,732.86 $28,239,267.14 Yes LGIP 11.45% $46,760,732.86 Yes
104-FUZXX First American Treasury Obligations 15.00% 2.96% 12.04% $12,097,563.18 $49,184,232.86 Yes Cash/Money Market 15.00% 2.96% 12.04% $12,097,563.18 Yes *The investment portfolio has been reviewed and is in full compliance with the established investment guidelines regarding credit quality, maturity, and sector allocation. All holdings meet or exceed the minimum credit rating requirements as outlined in the policy. No investments are below the permitted credit thresholds.Portfolio maturities are structured to remain within the approved limits. The weighted average maturity (WAM) and final maturity constraints are in compliance with policy requirements. Investments are diversified across approved sectors and remain within the specified sector concentration limits. No sector exposures exceed established maximum thresholds.
Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4372 Maturity 931142EW9 WMT 3.900 09/09/2025 100.00000 09/09/2025 09/09/2025 5,000,000.00 5,000,000.00 0.00 5,000,000.00 4331 Maturity 3130AMQ54 FHLB 0.700 09/16/2025 100.00000 09/16/2025 09/16/2025 5,000,000.00 5,000,000.00 0.00 5,000,000.00 Activity Total 10,000,000.00 10,000,000.00 0.00 10,000,000.00 Portfolio: CITY Bond Redemption Activity Report
City of Huntington Beach
Reporting Period:
09/30/2025
Report Run Date: Oct 21, 2025
Accounting ID Transaction Type Cusip Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4442 Buy 17325FBK3 C 4.838 08/06/2029 102.61600 09/03/2025 09/03/2025 5,000,000.00 5,130,800.00 18,142.50 5,148,942.50 4443 Buy 166756BB1 CVX 4.475 02/26/2028 101.58900 09/03/2025 09/03/2025 5,000,000.00 5,079,450.00 4,350.69 5,083,800.69 4444 Buy 110122CP1 BMY 3.400 07/26/2029 98.14100 09/18/2025 09/18/2025 5,000,000.00 4,907,050.00 24,555.56 4,931,605.56 4445 Buy 48130C4W2 JPM 4.050 09/23/2030 100.00000 09/23/2025 09/23/2025 5,000,000.00 5,000,000.00 0.00 5,000,000.00 Activity Total 20,000,000.00 20,117,300.00 47,048.75 20,164,348.75 Portfolio: CITY Bond Purchase Activity Report
City of Huntington Beach
Reporting Period:
09/30/2025
Report Run Date: Oct 21, 2025
Accounting ID Ticker Pool Description Type Par Value Book Value Market Value Rate % of Portfolio 104 FUZXX First American Treasury Obligations Cash/Money Market 12,097,563.18 12,097,563.18 12,097,563.18 3.970 2.96% Cash/Money Market 12,097,563.18 12,097,563.18 12,097,563.18 2.96% 003 CAMP California Asset Management Program LGIP 46,760,732.86 46,760,732.86 46,760,732.86 4.360 11.45% LGIP 46,760,732.86 46,760,732.86 46,760,732.86 11.45% Cash Holdings 58,858,296.04 58,858,296.04 58,858,296.04 14.41% Portfolio: CITYCash By Structure Report
City of Huntington Beach
Reporting Period:
09/30/2025
Report Run Date: Oct 20, 2025
CUSIP Ticker Coupon Maturity Date Short Description Settlement Date Par Value Book Value Market Value Book
Yield
Years to
Maturity
(%) of
Portfolio
Moodys
Rating
91282CHM6 T 4.500 07/15/2026 U.S. Treasury Note 03/12/2024 5,000,000.00 5,004,346.96 5,027,850.00 4.380 0.786 1.22% Aa1 91282CCP4 T 0.625 07/31/2026 U.S. Treasury Note 09/30/2021 5,000,000.00 4,986,848.19 4,871,950.00 0.950 0.830 1.22% Aa1 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 09/23/2021 1,000,000.00 998,749.58 973,230.00 0.890 0.914 0.24% Aa1 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 11/23/2021 5,000,000.00 4,976,332.88 4,866,150.00 1.285 0.914 1.22% Aa1 91282CEW7 T 3.250 06/30/2027 U.S. Treasury Note 12/29/2022 5,000,000.00 4,940,620.29 4,967,600.00 4.000 1.744 1.21% Aa1 91282CEW7 T 3.250 06/30/2027 U.S. Treasury Note 12/22/2023 5,000,000.00 4,942,640.28 4,967,600.00 3.960 1.744 1.21% Aa1 91282CKZ3 T 4.375 07/15/2027 U.S. Treasury Note 11/04/2024 5,000,000.00 5,023,678.94 5,062,700.00 4.090 1.785 1.23% Aa1 91282CFB2 T 2.750 07/31/2027 U.S. Treasury Note 01/19/2024 5,000,000.00 4,887,647.48 4,921,900.00 4.080 1.829 1.20% Aa1 91282CHK0 T 4.000 06/30/2028 U.S. Treasury Note 09/18/2024 5,000,000.00 5,072,628.53 5,049,050.00 3.431 2.746 1.24% Aa1 91282CHQ7 T 4.125 07/31/2028 U.S. Treasury Note 01/16/2024 10,000,000.00 10,075,772.62 10,132,800.00 3.831 2.831 2.47% Aa1 91282CKX8 T 4.250 06/30/2029 U.S. Treasury Note 01/06/2025 5,000,000.00 4,986,934.60 5,099,400.00 4.327 3.745 1.22% Aa1 91282CKX8 T 4.250 06/30/2029 U.S. Treasury Note 01/10/2025 10,000,000.00 9,945,514.71 10,198,800.00 4.411 3.745 2.43% Aa1 91282CFC0 T 2.625 07/31/2029 U.S. Treasury Note 01/23/2025 5,000,000.00 4,691,319.13 4,812,100.00 4.419 3.830 1.15% Aa1 U.S. Treasuries 71,000,000.00 70,533,034.17 70,951,130.00 17.26% 459058JL8 IBRD 0.500 10/28/2025 Int'l Bank for Recon and Dev 01/12/2021 5,000,000.00 4,999,956.98 4,986,000.00 0.512 0.074 1.22% Aaa 45906M2L4 IBRD 0.650 02/24/2026 Int'l Bank for Recon and Dev 04/30/2021 5,000,000.00 4,995,728.14 4,931,050.00 0.870 0.400 1.22% Aaa 459058KJ1 IBRD 3.125 06/15/2027 Int'l Bank for Recon and Dev 01/10/2025 5,000,000.00 4,906,250.97 4,952,550.00 4.295 1.703 1.20% Aaa 45818WFN1 IADB 4.850 07/19/2027 Inter-American Development Bank 05/29/2024 10,000,000.00 10,013,361.42 10,114,900.00 4.770 1.796 2.45% Aaa 45818WFN1 IADB 4.850 07/19/2027 Inter-American Development Bank 04/22/2025 5,000,000.00 5,091,137.55 5,057,450.00 3.782 1.796 1.25% Aaa 45818WEQ5 IADB 3.800 06/09/2028 Inter-American Development Bank 09/21/2023 5,000,000.00 4,901,575.27 4,953,750.00 4.622 2.689 1.20% Aaa 459058KT9 IBRD 3.500 07/12/2028 Int'l Bank for Recon and Dev 11/13/2023 5,000,000.00 4,844,394.88 4,975,950.00 4.760 2.779 1.19% Aaa 459058KT9 IBRD 3.500 07/12/2028 Int'l Bank for Recon and Dev 12/06/2023 5,000,000.00 4,893,825.09 4,975,950.00 4.350 2.779 1.20% Aaa 459058KW2 IBRD 4.625 08/01/2028 Int'l Bank for Recon and Dev 01/25/2024 5,000,000.00 5,063,357.93 5,126,550.00 4.130 2.834 1.24% Aaa 45950KDH0 IFC 4.250 07/02/2029 International Finance Corp 10/23/2024 5,000,000.00 5,040,314.03 5,090,350.00 4.011 3.751 1.23% Aaa Supranational 55,000,000.00 54,749,902.26 55,164,500.00 13.40% 3135GA2Z3 FNMA 0.560 11/17/2025 Fannie Mae 01/11/2021 3,000,000.00 3,000,086.94 2,986,440.00 0.500 0.129 0.73% Aa1 3130AKN36 FHLB 0.525 01/15/2026 Federal Home Loan Bank 01/15/2021 5,000,000.00 4,999,711.11 4,949,450.00 0.545 0.290 1.22% Aa1 3130AKN85 FHLB 0.550 01/20/2026 Federal Home Loan Bank 01/20/2021 5,000,000.00 4,999,848.61 4,948,750.00 0.560 0.304 1.22% Aa1 3130AKUS3 FHLB 0.500 01/28/2026 Federal Home Loan Bank 01/28/2021 5,000,000.00 5,000,000.00 4,945,150.00 0.500 0.326 1.22% Aa1 3130ALEY6 FHLB 0.800 03/04/2026 Federal Home Loan Bank 06/10/2021 5,000,000.00 5,000,000.00 4,934,300.00 0.800 0.422 1.22% Aa1 3130AMJN3 FHLB 1.030 05/26/2026 Federal Home Loan Bank 05/26/2021 5,000,000.00 5,000,000.00 4,911,050.00 1.030 0.649 1.22% Aa1 3130AMFS6 FHLB 0.750 06/12/2026 Federal Home Loan Bank 06/17/2021 5,000,000.00 4,995,805.01 4,899,100.00 0.873 0.695 1.22% Aa1 3130AVWS7 FHLB 3.750 06/12/2026 Federal Home Loan Bank 05/09/2023 3,000,000.00 2,999,059.60 3,001,470.00 3.796 0.695 0.73% Aa1 3133EPNG6 FFCB 4.375 06/23/2026 Federal Farm Credit Bank 06/23/2023 3,000,000.00 2,999,672.50 3,011,820.00 4.391 0.726 0.73% Aa1 3130AQ7E7 FHLB 1.500 06/30/2026 Federal Home Loan Bank 12/30/2021 5,000,000.00 5,000,332.10 4,920,750.00 1.339 0.745 1.22% Aa1 3130AUMC5 FHLB 3.750 07/20/2026 Federal Home Loan Bank 01/19/2023 5,000,000.00 5,000,000.00 4,999,900.00 3.750 0.799 1.22% Aa1 3130AQS79 FHLB 2.250 08/07/2026 Federal Home Loan Bank 02/07/2022 5,000,000.00 5,000,000.00 4,938,400.00 2.250 0.849 1.22% Aa1 3133EPGT6 FFCB 3.875 04/26/2027 Federal Farm Credit Bank 04/26/2023 5,000,000.00 4,997,743.92 5,014,400.00 3.906 1.566 1.22% Aa1 3133EPJP1 FFCB 3.625 05/12/2027 Federal Farm Credit Bank 05/12/2023 5,000,000.00 4,994,411.91 4,995,250.00 3.700 1.610 1.22% Aa1 3130AW4N7 FHLB 3.630 06/04/2027 Federal Home Loan Bank 05/18/2023 5,000,000.00 5,000,000.00 4,994,050.00 3.630 1.673 1.22% Aa1 3133EPMV4 FFCB 4.125 06/15/2027 Federal Farm Credit Bank 06/15/2023 5,000,000.00 4,999,594.93 5,035,600.00 4.130 1.703 1.22% Aa1 3130AWWN6 FHLB 4.500 09/10/2027 Federal Home Loan Bank 12/05/2023 4,455,000.00 4,464,008.90 4,521,958.65 4.383 1.941 1.09% Aa1 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/13/2023 5,000,000.00 5,002,479.29 5,045,850.00 3.979 2.689 1.22% Aa1 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/27/2023 5,000,000.00 4,998,506.17 5,045,850.00 4.012 2.689 1.22% Aa1 3136GAJ34 FNMA 4.300 06/09/2028 Fannie Mae 06/26/2025 5,000,000.00 5,006,290.38 5,018,500.00 4.110 2.689 1.23% Aa1 3136GAEQ8 FNMA 4.220 07/07/2028 Fannie Mae 04/07/2025 5,000,000.00 5,000,000.00 5,016,050.00 4.220 2.765 1.22% Aa1 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/19/2024 5,000,000.00 5,086,454.92 5,155,000.00 4.100 3.685 1.25% Aa1 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/25/2024 5,000,000.00 5,076,077.30 5,155,000.00 4.162 3.685 1.24% Aa1 3134HBNT4 FHLMC 4.070 06/08/2029 Freddie Mac 05/01/2025 5,000,000.00 5,000,000.00 4,997,900.00 4.070 3.685 1.22% Aa1 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 05/12/2025 4,000,000.00 4,089,106.33 4,124,000.00 3.964 3.685 1.00% Aa1 3136GAJS9 FNMA 4.170 07/09/2029 Fannie Mae 07/09/2025 5,000,000.00 5,000,000.00 5,013,400.00 4.170 3.770 1.22% Aa1 3136GA7A1 FNMA 4.710 07/13/2029 Fannie Mae 01/23/2025 5,000,000.00 5,000,000.00 5,018,250.00 4.710 3.781 1.22% Aa1 3134HAU43 FHLMC 4.625 12/18/2029 Freddie Mac 12/20/2024 5,000,000.00 5,000,000.00 5,003,300.00 4.625 4.214 1.22% Aa1 Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
09/30/2025
Report Run Date: Oct 20, 2025
CUSIP Ticker Coupon Maturity Date Short Description Settlement Date Par Value Book Value Market Value Book
Yield
Years to
Maturity
(%) of
Portfolio
Moodys
Rating
U.S. Agencies 132,455,000.00 132,709,189.92 132,600,938.65 32.48% 717081DV2 PFE 2.750 06/03/2026 Pfizer Inc 01/18/2023 5,000,000.00 4,956,738.77 4,958,550.00 4.142 0.671 1.21% A2 110122CN6 BMY 3.200 06/15/2026 Bristol-Myers Squibb 11/16/2022 5,000,000.00 4,958,678.20 4,975,200.00 4.480 0.704 1.21% A2 931142EM1 WMT 3.050 07/08/2026 Walmart 05/15/2023 4,257,000.00 4,235,476.94 4,235,161.59 3.752 0.767 1.04% Aa2 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/15/2023 2,505,000.00 2,471,175.46 2,466,848.85 3.752 0.821 0.60% A1 037833DN7 AAPL 2.050 09/11/2026 Apple 12/06/2023 5,000,000.00 4,888,773.87 4,919,150.00 4.583 0.945 1.20% Aaa 713448DN5 PEP 2.375 10/06/2026 Pepsi 12/26/2023 5,000,000.00 4,910,118.75 4,929,200.00 4.273 1.013 1.20% A1 24422EXR5 DE 4.900 06/11/2027 John Deere 01/06/2025 5,000,000.00 5,034,857.14 5,081,700.00 4.460 1.692 1.23% A1 437076DB5 HD 4.875 06/25/2027 Home Depot 08/23/2024 5,000,000.00 5,062,872.98 5,082,750.00 4.061 1.730 1.24% A2 438516CX2 HON 4.650 07/30/2027 Honeywell 08/15/2024 5,000,000.00 5,041,872.56 5,059,300.00 4.137 1.826 1.23% A2 023135BC9 AMZN 3.150 08/22/2027 Amazon 08/23/2024 5,000,000.00 4,921,423.08 4,945,550.00 4.040 1.889 1.20% A1 14913UAR1 CAT 4.400 10/15/2027 Caterpillar 09/10/2024 5,000,000.00 5,049,043.05 5,054,450.00 3.886 2.037 1.24% A2 110122DE5 BMY 3.900 02/20/2028 Bristol-Myers Squibb 01/24/2025 5,000,000.00 4,922,798.73 5,000,400.00 4.600 2.387 1.20% A2 166756BB1 CVX 4.475 02/26/2028 Chevron 09/03/2025 5,000,000.00 5,076,872.25 5,069,800.00 3.776 2.404 1.24% Aa2 24422EXB0 DE 4.950 07/14/2028 John Deere 03/27/2024 5,000,000.00 5,035,724.18 5,134,550.00 4.662 2.784 1.23% A1 437076DC3 HD 4.750 06/25/2029 Home Depot 06/26/2025 5,000,000.00 5,094,330.09 5,120,300.00 4.185 3.732 1.25% A2 110122CP1 BMY 3.400 07/26/2029 Bristol-Myers Squibb 09/18/2025 5,000,000.00 4,907,920.57 4,875,300.00 3.923 3.817 1.20% A2 17325FBK3 C 4.838 08/06/2029 Citigroup/Citibank NA 09/03/2025 5,000,000.00 5,128,151.84 5,120,800.00 4.095 3.847 1.26% Aa3 532457CQ9 LLY 4.200 08/14/2029 Eli Lilly & Co 07/15/2025 5,000,000.00 4,998,056.06 5,035,400.00 4.210 3.869 1.22% Aa3 48130C4W2 JPM 4.050 09/23/2030 JP Morgan 09/23/2025 5,000,000.00 5,000,000.00 4,966,700.00 4.050 4.977 1.22% A1 Corporates 91,762,000.00 91,694,884.52 92,031,110.44 22.44% Bond Holdings 350,217,000.00 349,687,010.87 350,747,679.09 85.59% Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
09/30/2025
Report Run Date: Oct 20, 2025
Statement of Cash Receipts and Disbursements and
Cash Receipts and Disbursements September 2025 September 2024 Y/Y Percent Change Receipts
General Fund
Property Tax 1,450,780$ 1,387,322$ 5%
Local Sales Tax 4,073,387 3,304,656 23%
Public Safety Sales Tax 243,023 230,367 5%
Transient Occupancy Tax (TOT) 1,759,126 1,786,747 -2%
Utility Users Tax (UUT) 2,104,715 2,117,599 -1%
Other Revenue 4,343,627 5,066,154 -14%
Total General Fund Revenue 13,974,659 13,892,845 1%
Total All Other Funds Revenue 16,159,344 17,957,224 -10% Total Receipts 30,134,003$ 31,850,068$ -5%
Disbursements
General Fund
Personnel Services (11,715,420) (12,930,897) -9%
Operating Expenses (3,879,276) (3,500,068) 11%
Capital Expenditures - - 0%
Non-Operating Expenses - (5,833) -100%
Total General Fund Disbursements (15,594,696) (16,436,798) -5% Total All Other Funds Disbursements (16,448,599) (16,577,705) -1% Total Disbursements (32,043,294) (33,014,503) -3%
Net Change in Cash Flow (1,909,291)$ (1,164,435)$ 64% Summary of Cash by Fund September 2025 September 2024 Y/Y Percent Change General Fund 93,400,969$ 93,736,679$ 0%
General Fund Other 5,627,520 2,400,532 134%
Capital Projects Funds 56,182,764 52,485,272 7%
Debt Service Funds 44,682,758 38,494,433 16%
Enterprise Funds 85,545,586 83,792,953 2%
Trust and Agency Funds 2,781,157 8,924,289 -69%
Internal Service Funds 66,776,423 45,248,219 48%
Special Revenue Funds 58,287,895 55,779,212 4%
General Ledger Cash Balances * 413,285,071$ 380,861,589$ 9% 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 2025