City of Huntington Beach
Quarterly Investment Report
March 2026
Prepared by:
Jason Schmitt
City Treasurer
1 1
INVESTMENT PORTFOLIO SUMMARY
As of March 31, 2026
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, Supranational Securities (e.g., International Bank of Reconstruction and Development), U.S. Agencies (e.g., Federal Home Loan Bank), Municipal, Commercial Paper, and Corporate bonds. Only investment types allowed under California Government code Section 53601 and the City of Huntington Beach ’s Investment Policy Statement are utilized.
For the quarter and fiscal year as of March 31, 2026, the current market value of the portfolio is slightly lower than the book value of the portfolio at $456.1 million versus $456.9 million. As interest rates have remained elevated, the market value of securities previously purchased at lower than the current market rates has remained suppressed . As our investments are almost always held to maturity, the market value is a point -in-time measurement and no loss is realized. The elevated interest rate environment will allow excess funds to be invested at higher rates, resulting in increased future interest income. 2 2
PORTFOLIO BREAKOUT BY SECTOR
As of March 31, 2026
The largest holding by security type at month-end was U.S. Agency securities at approximately 37% of the total overall portfolio versus 3 0% as of December 31, 2025 . This was followed by Corporate securities at approximately 26% of the total portfolio as of March 31, 2026 versus 21% as of December 31, 2025. We also began investing in municipal bonds and commercial paper this quarter as part of our diversification strategy, with the combination accounting for 7% of our total portfolio mix. 3 3
INVESTMENT PORTFOLIO EARNINGS
As of March 31, 2026
Earnings for the month of March 2026 were $1,486,705, an increase of approximately 26% from the same month in the prior year . Fiscal yea r-to-date earnings of $ 11,748,855 increased $2,463,667, approximately 26% 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 3.93%, with a fi scal year-to-date return of 3.71% vs. 3.18% during the same period last year . At the end of March, the 12-month moving average of the interpolated 1.5-year U.S. Treasury was 3.74%.
Portfolio performance is roughly in line with the benchmark as lower yield pandemic bonds matured. 4 4
PORTFOLIO BREAKOUT BY MATURITY
As of March 31, 2026
Cash and LGIP funds as of March 31, 2026 stood at $16,635,798, which was $62,759,754 less than as of December 31, 2025. Overall, Cash/Money Market and Short -Term Investments (defined as < 1 year maturity) accounted for 23% of the total portfolio vs. 44% last quarter with another 2 1% being Medium-Term Investments (defined as 1 -2 year maturity). This decrease in LGIP funds compared to the prior quarter was due to early realization of property tax remittances in mid-December 2025, which were subsequently re-invested in longer-term securities during this quarter. 5 5
COMPLIANCE SUMMARY
As of March 31, 2026
There were no compliance issues during this period with either cash or investment holdings. 6 6
ECONOMIC AND MARKET OVERVIEW
On March 18, 202 6, the FOMC released a statement saying that economic activity has continued expanding at a solid pace. They explained that job gains have remained low and the unemployment rate has been little changed in recent months. In light of these notes, the Committee decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent.
Markets: The yield on the 10 -year U.S. Treasury finished the quarter at 4. 30%, up from 4.18% at the end of the previous quarter. Despite a 0.50% reduction in the federal funds target rate over the last six months, the 2-Year Treasury yield increased by 0.18% and the 10-Year Treasury yield has increased by 0.15% during the same period due to longer-term uncertainties regarding the potential outcome and geo-political impact of the Iran war. The S&P 500 decreased by 4.6% and the DJIA decreased by 3.6% over the last three months due to similar concerns regarding the war.
Employment: Total non-farm payroll employment increased by 178,000 and the unemployment rate was little changed at 4.3 percent. Job gains occurred in health care, construction, and transportation / warehousing. Federal government employment continued to decline. 7 7
Portfolio Summary
City of Huntington Beach
Portfolio: CITY
Reporting Date: (FY2026)
03/01/2026 - 03/31/2026
Full Accrual Basis
Portfolio Investments
03/31/2026
Date
City Treasurer
TitleJason 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 17 $42,425,000
Total Activity 19 $52,425,000
Period Transactions (Par)
Redemptions 24 $121,089,000
Purchases 41 $182,145,000
Total Activity 65 $303,234,000
Net Period Earnings $11,748,854.96
Last FY Period Net Earnings $9,285,186.47
Avg Daily Book Balance $423,731,503.80
$1.00 $1.00
Net Effective Annual Return 3.710%
Net Period Earnings $1,486,704.77
Last FY Period Net Earnings $1,177,209.05
Avg Daily Book Balance $453,302,069.98
$1.00 $1.00
Net Effective Annual Return 3.931%
Fiscal YTD Summary (274 Days)Period Earnings Summary (31 Days) ______________________________________________ __________________ sum2
Total Market Value
$1.00
$456,119,872.26
sum2
Total Book Value
$2.00
$456,942,760.06
Market Value
Book Value
Par Value
sum2
Total Par Value
$1.00
$458,783,798.41
The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes. This period, that rate is equal to: 3.740% ____________________________________________
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)
Commercial Paper
U.S. Treasuries
Supranational
U.S. Agencies
Corporates
Municipals
Total
$2,823,921.08 $2,823,921.08 $2,823,921.08 0.62% 3.56% 0.02% 0.00 $13,811,877.33 $13,811,877.33 $13,811,877.33 3.02% 3.80% 0.11% 0.00 $10,000,000.00 $9,832,887.68 $9,816,300.00 2.15% 3.69% 0.08% 0.46 $71,000,000.00 $70,631,738.72 $70,859,710.00 15.46% 3.63% 0.56% 1.84 $50,000,000.00 $49,860,163.15 $50,154,250.00 10.91% 4.31% 0.47% 1.84 $168,245,000.00 $168,397,007.61 $167,951,253.75 36.85% 3.66% 1.35% 2.50 $118,548,000.00 $118,635,802.25 $118,030,935.30 25.96% 4.08% 1.06% 2.36 $24,355,000.00 $22,949,362.24 $22,671,624.80 5.02% 3.70% 0.19% 3.57 $458,783,798.41 $456,942,760.06 $456,119,872.26 100.00% 3.84% 2.21 8 8
Portfolio Characteristics
Sector Breakdown
Portfolio Book Yield
Portfolio Market
Yield
Effective Duration
Weighted Avg
Maturity (Yrs)/WAL
Weighted Avg
Maturity (Days)
3.84%
3.99%
1.80 2.21
806
Weighted Avg
Coupon
Composite Rating
Number of Securities
Held
Median Security Size
Held
Net Asset Value
(NAV)
3.58%
AA2/A-1
95 $5,000,000.00
$0.99820
Callable Breakdown
Call
Options
Refunding
Options
Onetime (1x)
Monthly (Dm)
Quarterly (Dq)
Semi-Annual
(Ds)
Annual (Da)
Anytime (Cc)
Total
8.06% 0.00%
0.00% 0.00%
1.75% 0.00%
1.09% 0.00%
6.57% 0.00%
0.00% 20.85%
17.47% 20.85%
Book Value % of Portfolio
4-5Yr
16.29%
3-4Yr
19.94%
2-3Yr
19.72%
CASH
3.64%
0-1Yr
19.37%
1-2Yr
21.04%
$ Millions
5 26 22 16
5 10 5 5 5
35 25
5 4 5 1 8 3
25 37
5 5 1 3
11 3
39 25
15 5 2 5
16 10
1 20
5 1 2 8 12
2026:May2026:Jun2026:Jul2026:Aug2026:Sep2026:Oct2027:Mar2027:Apr2027:May2027:Jun2027:Jul2027:Aug2027:Sep2027:Oct2027:Nov2028:Feb2028:Mar2028:Jun2028:Jul2028:Aug2028:Sep2028:Oct2028:Nov2029:Feb2029:Mar2029:Jun2029:Jul2029:Aug2029:Oct2029:Nov2030:Mar2030:May2030:Jun2030:Jul2030:Aug2030:Sep2030:Oct2030:Nov2030:Dec2031:Feb 0 1.0E7
2.0E7
3.0E7
4.0E7
5.0E7
Asset Maturities by Month
Issuer Holdings - Top 10
Book Value % of Port
Municipals
5.02%
Corporates
25.96%
U.S. Agencies
36.85%
Cash / Money
Market
0.62%
Local Govt Inv
Pools (LGIP)
3.02%
Commercial Paper
2.15%
U.S. Treasuries
15.46%
Supranational
10.91%
2.22%
2.77%
3.02%
3.78%
4.13%
4.33%
4.38%
10.40%
15.46%
16.34%
0.00% 5.00% 10... 15... 20...
FHLB
T
FNMA
IADB
IBRD
FFCB
FHLMC
CAMP
BMY
CORNLU
Maturity DistributionTotal Cash & Investments
sum2
Total Market Value
$1.00
$456,119,872.26
sum2
Total Book Value
$2.00
$456,942,760.06
sum2
Total Par Value
$1.00
$458,783,798.41
Market Value
Book Value
Par Value
Portfolio Summary
City of Huntington Beach
Portfolio: CITY
Reporting Date: 03/31/2026
Last Pricing Date: 03/31/2026
Gain/Loss Est. ($822,887.80)
9 9
Holdings Compliance Summary
City of Huntington Beach
Portfolio: CITY
Reporting Date: 03/31/2026
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
Commercial Paper
U.S. Treasuries
Supranational
U.S. Agencies
Corporates
Municipals
40.00% 2.15% Yes 10.00% 1.08% Yes 1.00 Years 0.54 Years Yes A-1/P-1/F1 N/A Yes 100.00% 15.46% Yes 100.00% 15.46% Yes 5.00 Years 3.33 Years Yes N/A N/A Yes
30.00% 10.91% Yes 100.00% 4.38% Yes 5.00 Years 3.25 Years Yes N/A AAA/Aaa/AAA Yes 100.00% 36.85% Yes 100.00% 16.34% Yes 5.00 Years 4.90 Years Yes N/A N/A Yes
30.00% 25.96% Yes 10.00% 2.77% Yes 5.00 Years 4.48 Years Yes N/A A/A2/A Yes 100.00% 5.02% Yes 10.00% 2.02% Yes 5.00 Years 4.59 Years Yes N/A AA-/Aa2/AA 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 3.02% $75,000,000.00 $13,811,877.33 $61,188,122.67 Yes LGIP 3.02% $13,811,877.33 Yes
104-FUZXX First American Treasury Obligations 15.00% 0.62% 14.38% $2,823,921.08 $65,717,492.93 Yes Cash/Money Market 15.00% 0.62% 14.38% $2,823,921.08 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. 10 10
Accounting ID Transaction Type CUSIP Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4333
Maturity
3130ALEY6
FHLB 0.800 03/04/2026
100.00000
03/04/2026
03/04/2026
5,000,000.00
5,000,000.00
0.00 5,000,000.00
4416
MW Call
438516CX2
HON 4.650 07/30/2027
101.23000
03/16/2026
03/16/2026
5,000,000.00
5,061,500.00
29,708.34
5,091,208.34
Activity Total 10,000,000.00 10,061,500.00 29,708.34 10,091,208.34 Portfolio: CITY Bond Redemption Activity Report
City of Huntington Beach
Reporting Period:
03/31/2026
Report Run Date: Apr 20, 2026
11 11
Accounting ID Transaction Type CUSIP Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4464
Buy
22533UKG7
CACPNY 0.000 10/16/2026
97.71637
03/02/2026
03/02/2026
5,000,000.00
4,885,818.40
0.00 4,885,818.40
4465
Buy
419792ZQ2
HI-HIS 1.518 10/01/2028
94.95300
03/05/2026
03/05/2026
1,000,000.00
949,530.00
6,493.67
956,023.67
4466
Buy
64952WFP3
NYLIFE 4.150 07/25/2028
100.41600
03/09/2026
03/09/2026
5,000,000.00
5,020,800.00
25,361.11
5,046,161.11
4467
Buy
3136GAY60
FNMA 3.850 10/21/2030
99.91500
03/09/2026
03/09/2026
1,265,000.00
1,263,924.75
18,669.29
1,282,594.04
4470
Buy
3136GAKZ1
FNMA 4.150 07/28/2028
100.11100
03/10/2026
03/10/2026
2,080,000.00
2,082,308.80
10,070.67
2,092,379.47
4471
Buy
45950VTK2
IFC 4.840 03/23/2027
101.24000
03/11/2026
03/11/2026
5,000,000.00
5,062,000.00
112,933.33
5,174,933.33
4468
Buy
3130B9S84
FHLB 3.650 09/12/2028
100.00000
03/12/2026
03/12/2026
5,000,000.00
5,000,000.00
0.00 5,000,000.00
4472
Buy
023135DC7
AMZN 4.000 03/13/2029
99.98900
03/13/2026
03/13/2026
1,000,000.00
999,890.00
0.00 999,890.00
4476
Buy
023135DC7
AMZN 4.000 03/13/2029
99.93800
03/13/2026
03/13/2026
2,000,000.00
1,998,760.00
0.00 1,998,760.00
4477
Buy
880591FE7
TVA 3.875 08/01/2030
100.01200
03/13/2026
03/13/2026
5,000,000.00
5,000,600.00
22,604.17
5,023,204.17
4478
Buy
3133ELS88
FFCB 1.040 07/08/2030
89.02000
03/16/2026
03/16/2026
1,000,000.00
890,200.00
1,964.44
892,164.44
4479
Buy
13077DMP4
CA-CASHGR 1.490 11/01/2028
94.22400
03/17/2026
03/17/2026
2,080,000.00
1,959,859.20
11,708.09
1,971,567.29
4473
Buy
677523TF9
OH-OHS 3.680 11/01/2027
100.00000
03/24/2026
03/24/2026
1,000,000.00
1,000,000.00
0.00 1,000,000.00
4474
Buy
677523TG7
OH-OHS 3.680 11/01/2028
100.00000
03/24/2026
03/24/2026
1,000,000.00
1,000,000.00
0.00 1,000,000.00
4475
Buy
677523TH5
OH-OHS 3.751 11/01/2029
100.00000
03/24/2026
03/24/2026
1,000,000.00
1,000,000.00
0.00 1,000,000.00
4480
Buy
3130B9RC6
FHLB 3.500 03/03/2028
99.11700
03/27/2026
03/27/2026
3,000,000.00
2,973,510.00
6,416.67
2,979,926.67
4481
Buy
30303M8M7
META 4.800 05/15/2030
101.48100
03/30/2026
03/30/2026
1,000,000.00
1,014,810.00
18,000.00
1,032,810.00
Activity Total 42,425,000.00 42,102,011.15 234,221.44 42,336,232.59 Portfolio: CITY Bond Purchase Activity Report
City of Huntington Beach
Reporting Period:
03/31/2026
Report Run Date: Apr 20, 2026
12 12
Accounting ID Ticker Pool Description Type Par Value Book Value Market Value Rate % of Portfolio 104 FUZXX First American Treasury Obligations Cash/Money Market 2,823,921.08 2,823,921.08 2,823,921.08 3.560 0.62% Cash/Money Market 2,823,921.08 2,823,921.08 2,823,921.08 0.62% 003 CAMP California Asset Management Program LGIP 13,811,877.33 13,811,877.33 13,811,877.33 3.800 3.02% LGIP 13,811,877.33 13,811,877.33 13,811,877.33 3.02% Cash Holdings 16,635,798.41 16,635,798.41 16,635,798.41 3.64% Portfolio: CITYCash By Structure Report
City of Huntington Beach
Reporting Period:
03/31/2026
Report Run Date: Apr 20, 2026
13 13
CUSIP Ticker Coupon Maturity Date Short Description Settlement Date Par Value Book Value Market Value Gain/Loss Book
Yield
Years to
Maturity
(%) of
Portfolio
Moodys
Rating
62479MHE6 MUFGBK 0.000 08/14/2026 MUFG Bank Ltd/NY 02/18/2026 5,000,000.00 4,932,045.39 4,926,300.00 (5,745.39) 3.690 0.370 1.08% P-1 22533UKG7
CACPNY
0.000
10/16/2026
Credit Agricole CIB NY
03/02/2026
5,000,000.00
4,900,842.29
4,890,000.00
(10,842.29)
3.690
0.542
1.07%
P-1
Commercial Paper 10,000,000.00 9,832,887.68 9,816,300.00 (16,587.68) 2.15% 91282CHM6 T 4.500 07/15/2026 U.S. Treasury Note 03/12/2024 5,000,000.00 5,001,590.35 5,010,500.00 8,909.65 4.380 0.287 1.09% Aa1 91282CCP4 T 0.625 07/31/2026 U.S. Treasury Note 09/30/2021 5,000,000.00 4,994,747.96 4,948,500.00 (46,247.96) 0.950 0.331 1.09% Aa1 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 09/23/2021 1,000,000.00 999,430.95 987,660.00 (11,770.95) 0.890 0.416 0.22% Aa1 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 11/23/2021 5,000,000.00 4,989,229.33 4,938,300.00 (50,929.33) 1.285 0.416 1.09% Aa1 91282CEW7 T 3.250 06/30/2027 U.S. Treasury Note 12/29/2022 5,000,000.00 4,957,585.92 4,965,250.00 7,664.08 4.000 1.246 1.08% Aa1 91282CEW7 T 3.250 06/30/2027 U.S. Treasury Note 12/22/2023 5,000,000.00 4,959,028.77 4,965,250.00 6,221.23 3.960 1.246 1.09% Aa1 91282CKZ3 T 4.375 07/15/2027 U.S. Treasury Note 11/04/2024 5,000,000.00 5,017,069.18 5,034,000.00 16,930.82 4.090 1.287 1.10% Aa1 91282CFB2 T 2.750 07/31/2027 U.S. Treasury Note 01/19/2024 5,000,000.00 4,918,258.49 4,929,900.00 11,641.51 4.080 1.331 1.08% Aa1 91282CHK0 T 4.000 06/30/2028 U.S. Treasury Note 09/18/2024 5,000,000.00 5,059,449.67 5,020,900.00 (38,549.67) 3.431 2.248 1.11% Aa1 91282CHQ7 T 4.125 07/31/2028 U.S. Treasury Note 01/16/2024 10,000,000.00 10,062,435.46 10,068,800.00 6,364.54 3.831 2.333 2.20% Aa1 91282CKX8 T 4.250 06/30/2029 U.S. Treasury Note 01/06/2025 5,000,000.00 4,988,672.83 5,060,550.00 71,877.17 4.327 3.247 1.09% Aa1 91282CKX8 T 4.250 06/30/2029 U.S. Treasury Note 01/10/2025 10,000,000.00 9,952,763.48 10,121,100.00 168,336.52 4.411 3.247 2.18% Aa1 91282CFC0
T
2.625
07/31/2029
U.S. Treasury Note
01/23/2025
5,000,000.00
4,731,476.33
4,809,000.00
77,523.67
4.419
3.332
1.04%
Aa1
U.S. Treasuries 71,000,000.00 70,631,738.72 70,859,710.00 227,971.28 15.46% 45950VTK2
IFC
4.840
03/23/2027
International Finance Corp
03/11/2026
5,000,000.00
5,058,666.67
5,046,350.00
(12,316.67)
3.605
0.975
1.11%
Aaa
459058KJ1
IBRD
3.125
06/15/2027
Int'l Bank for Recon and Dev
01/10/2025
5,000,000.00
4,933,734.40
4,958,550.00
24,815.60
4.295
1.205
1.08%
Aaa
45818WFN1
IADB
4.850
07/19/2027
Inter-American Development Bank
05/29/2024
10,000,000.00
10,009,649.91
10,079,200.00
69,550.09
4.770
1.298
2.19%
Aaa
45818WFN1
IADB
4.850
07/19/2027
Inter-American Development Bank
04/22/2025
5,000,000.00
5,065,821.56
5,039,600.00
(26,221.56)
3.782
1.298
1.11%
Aaa
45818WEQ5
IADB
3.800
06/09/2028
Inter-American Development Bank
09/21/2023
5,000,000.00
4,919,877.39
4,953,000.00
33,122.61
4.622
2.190
1.08%
Aaa
459058KT9
IBRD
3.500
07/12/2028
Int'l Bank for Recon and Dev
11/13/2023
5,000,000.00
4,872,375.82
4,965,800.00
93,424.18
4.760
2.281
1.07%
Aaa
459058KT9
IBRD
3.500
07/12/2028
Int'l Bank for Recon and Dev
12/06/2023
5,000,000.00
4,912,917.48
4,965,800.00
52,882.52
4.350
2.281
1.08%
Aaa
459058KW2
IBRD
4.625
08/01/2028
Int'l Bank for Recon and Dev
01/25/2024
5,000,000.00
5,052,177.12
5,088,900.00
36,722.88
4.130
2.335
1.11%
Aaa
45950KDH0
IFC
4.250
07/02/2029
International Finance Corp
10/23/2024
5,000,000.00
5,034,942.81
5,057,050.00
22,107.19
4.011
3.253
1.10%
Aaa
Supranational 50,000,000.00 49,860,163.15 50,154,250.00 294,086.85 10.91% 3130AMJN3
FHLB
1.030
05/26/2026
Federal Home Loan Bank
05/26/2021
5,000,000.00
5,000,000.00
4,979,400.00
(20,600.00)
1.030
0.151
1.09%
Aa1
3130AMFS6
FHLB
0.750
06/12/2026
Federal Home Loan Bank
06/17/2021
5,000,000.00
4,998,813.37
4,970,300.00
(28,513.37)
0.873
0.197
1.09%
Aa1
3130AVWS7
FHLB
3.750
06/12/2026
Federal Home Loan Bank
05/09/2023
3,000,000.00
2,999,733.99
2,999,610.00
(123.99)
3.796
0.197
0.66%
Aa1
3133EPNG6
FFCB
4.375
06/23/2026
Federal Farm Credit Bank
06/23/2023
3,000,000.00
2,999,897.50
3,004,020.00
4,122.50
4.391
0.227
0.66%
Aa1
3130AQ7E7
FHLB
1.500
06/30/2026
Federal Home Loan Bank
12/30/2021
5,000,000.00
5,000,109.88
4,972,800.00
(27,309.88)
1.339
0.246
1.09%
Aa1
3130AUMC5
FHLB
3.750
07/20/2026
Federal Home Loan Bank
01/19/2023
5,000,000.00
5,000,000.00
4,999,400.00
(600.00)
3.750
0.301
1.09%
Aa1
3130AQS79
FHLB
2.250
08/07/2026
Federal Home Loan Bank
02/07/2022
5,000,000.00
5,000,000.00
4,973,050.00
(26,950.00)
2.250
0.350
1.09%
Aa1
3133EPGT6
FFCB
3.875
04/26/2027
Federal Farm Credit Bank
04/26/2023
5,000,000.00
4,998,462.67
5,006,100.00
7,637.33
3.906
1.068
1.09%
Aa1
3133EPJP1
FFCB
3.625
05/12/2027
Federal Farm Credit Bank
05/12/2023
5,000,000.00
4,996,143.16
4,992,750.00
(3,393.16)
3.700
1.112
1.09%
Aa1
3130AW4N7
FHLB
3.630
06/04/2027
Federal Home Loan Bank
05/18/2023
5,000,000.00
5,000,000.00
4,991,100.00
(8,900.00)
3.630
1.175
1.09%
Aa1
3133EPMV4
FFCB
4.125
06/15/2027
Federal Farm Credit Bank
06/15/2023
5,000,000.00
4,999,713.68
5,020,350.00
20,636.32
4.130
1.205
1.09%
Aa1
3130AWWN6
FHLB
4.500
09/10/2027
Federal Home Loan Bank
12/05/2023
4,455,000.00
4,461,689.01
4,497,946.20
36,257.19
4.383
1.443
0.98%
Aa1
3130B9RC6
FHLB
3.500
03/03/2028
Federal Home Loan Bank
03/27/2026
3,000,000.00
2,973,662.24
2,984,880.00
11,217.76
3.978
1.922
0.65%
Aa1
3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/13/2023 5,000,000.00 5,002,018.26 5,017,650.00 15,631.74 3.979 2.190 1.09% Aa1 3130AWC24 FHLB 4.000 06/09/2028 Federal Home Loan Bank 06/27/2023 5,000,000.00 4,998,783.95 5,017,650.00 18,866.05 4.012 2.190 1.09% Aa1 3136GAJ34 FNMA 4.300 06/09/2028 Fannie Mae 06/26/2025 5,000,000.00 5,001,724.78 5,001,050.00 (674.78) 4.110 2.190 1.09% Aa1 3136GAEQ8 FNMA 4.220 07/07/2028 Fannie Mae 04/07/2025 5,000,000.00 5,000,000.00 5,003,400.00 3,400.00 4.220 2.267 1.09% Aa1 3136GAKZ1 FNMA 4.150 07/28/2028 Fannie Mae 03/10/2026 2,080,000.00 2,081,957.46 2,076,568.00 (5,389.46) 3.838 2.324 0.46% Aa1 3130B9S84 FHLB 3.650 09/12/2028 Federal Home Loan Bank 03/12/2026 5,000,000.00 5,000,000.00 4,994,950.00 (5,050.00) 3.650 2.450 1.09% Aa1 3136GCLQ6 FNMA 3.700 02/12/2029 Fannie Mae 02/26/2026 11,180,000.00 11,183,014.72 11,113,702.60 (69,312.12) 3.667 2.869 2.45% Aa1 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/19/2024 5,000,000.00 5,074,727.80 5,113,650.00 38,922.20 4.100 3.187 1.11% Aa1 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/25/2024 5,000,000.00 5,065,757.84 5,113,650.00 47,892.16 4.162 3.187 1.11% Aa1 3134HBNT4 FHLMC 4.070 06/08/2029 Freddie Mac 05/01/2025 5,000,000.00 5,000,000.00 4,993,500.00 (6,500.00) 4.070 3.187 1.09% Aa1 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 05/12/2025 4,000,000.00 4,077,019.56 4,090,920.00 13,900.44 3.964 3.187 0.89% Aa1 3136GAJS9 FNMA 4.170 07/09/2029 Fannie Mae 07/09/2025 5,000,000.00 5,000,000.00 4,995,300.00 (4,700.00) 4.170 3.272 1.09% Aa1 Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
03/31/2026
Report Run Date: Apr 20, 2026
14 14
CUSIP Ticker Coupon Maturity Date Short Description Settlement Date Par Value Book Value Market Value Gain/Loss Book
Yield
Years to
Maturity
(%) of
Portfolio
Moodys
Rating
3136GA7A1 FNMA 4.710 07/13/2029 Fannie Mae 01/23/2025 5,000,000.00 5,000,000.00 4,995,850.00 (4,150.00) 4.710 3.283 1.09% Aa1 3134HCSB6 FHLMC 3.875 10/26/2029 Freddie Mac 02/23/2026 5,000,000.00 5,000,000.00 4,971,200.00 (28,800.00) 3.875 3.570 1.09% Aa1 3133ELS88 FFCB 1.040 07/08/2030 Federal Farm Credit Bank 03/16/2026 1,000,000.00 891,261.21 887,660.00 (3,601.21) 3.827 4.268 0.20% Aa1 880591FE7 TVA 3.875 08/01/2030 Tennessee Valley Authority 02/18/2026 5,000,000.00 5,048,318.15 4,984,250.00 (64,068.15) 3.631 4.334 1.10% Aa1 880591FE7 TVA 3.875 08/01/2030 Tennessee Valley Authority 03/13/2026 5,000,000.00 5,000,593.16 4,984,250.00 (16,343.16) 3.871 4.334 1.09% Aa1 3130B9MA5 FHLB 3.800 08/26/2030 Federal Home Loan Bank 02/26/2026 5,000,000.00 5,000,000.00 4,943,850.00 (56,150.00) 3.800 4.402 1.09% Aa1 3136GAY60 FNMA 3.850 10/21/2030 Fannie Mae 03/09/2026 1,265,000.00 1,263,938.98 1,257,232.90 (6,706.08) 3.869 4.556 0.28% Aa1 3136GCBX2 FNMA 4.150 12/24/2030 Fannie Mae 12/24/2025 8,000,000.00 8,000,000.00 7,951,440.00 (48,560.00) 4.150 4.731 1.75% Aa1 3136GCM93 FNMA 4.100 02/24/2031 Fannie Mae 02/24/2026 5,000,000.00 5,000,000.00 4,912,000.00 (88,000.00) 4.100 4.901 1.09% Aa1 3134HCTK5 FHLMC 4.000 02/24/2031 Freddie Mac 02/24/2026 7,265,000.00 7,279,666.22 7,139,824.05 (139,842.17) 3.769 4.901 1.59% Aa1 U.S. Agencies 168,245,000.00 168,397,007.61 167,951,253.75 (445,753.86) 36.85% 717081DV2 PFE 2.750 06/03/2026 Pfizer Inc 01/18/2023 5,000,000.00 4,988,916.54 4,987,550.00 (1,366.54) 4.142 0.172 1.09% A2 110122CN6 BMY 3.200 06/15/2026 Bristol-Myers Squibb 11/16/2022 5,000,000.00 4,987,961.37 4,989,650.00 1,688.63 4.480 0.205 1.09% A2 931142EM1 WMT 3.050 07/08/2026 Walmart 05/15/2023 4,257,000.00 4,249,463.04 4,246,612.92 (2,850.12) 3.752 0.268 0.93% Aa2 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/15/2023 2,505,000.00 2,491,675.18 2,490,721.50 (953.68) 3.752 0.323 0.55% A1 037833DN7 AAPL 2.050 09/11/2026 Apple 12/06/2023 5,000,000.00 4,947,658.29 4,962,700.00 15,041.71 4.583 0.446 1.08% Aaa 713448DN5 PEP 2.375 10/06/2026 Pepsi 12/26/2023 5,000,000.00 4,954,443.75 4,958,150.00 3,706.25 4.273 0.515 1.08% A1 24422EXR5 DE 4.900 06/11/2027 John Deere 01/06/2025 5,000,000.00 5,024,571.43 5,049,400.00 24,828.57 4.460 1.194 1.10% A1 437076DB5 HD 4.875 06/25/2027 Home Depot 08/23/2024 5,000,000.00 5,043,820.56 5,048,250.00 4,429.44 4.061 1.232 1.10% A2 023135BC9 AMZN 3.150 08/22/2027 Amazon 08/23/2024 5,000,000.00 4,942,192.31 4,939,500.00 (2,692.31) 4.040 1.391 1.08% A1 14913UAR1 CAT 4.400 10/15/2027 Caterpillar 09/10/2024 5,000,000.00 5,037,016.14 5,023,550.00 (13,466.14) 3.886 1.539 1.10% A2 110122DE5 BMY 3.900 02/20/2028 Bristol-Myers Squibb 01/24/2025 2,786,000.00 2,751,997.40 2,780,650.88 28,653.48 4.600 1.889 0.60% A2 166756BB1 CVX 4.475 02/26/2028 Chevron 09/03/2025 5,000,000.00 5,060,300.98 5,037,850.00 (22,450.98) 3.776 1.906 1.11% Aa2 24422EXB0 DE 4.950 07/14/2028 John Deere 03/27/2024 5,000,000.00 5,029,313.06 5,096,900.00 67,586.94 4.662 2.286 1.10% A1 64952WFP3 NYLIFE 4.150 07/25/2028 New York Life 03/09/2026 5,000,000.00 5,020,265.42 4,983,550.00 (36,715.42) 3.963 2.316 1.10% Aa1 023135DC7 AMZN 4.000 03/13/2029 Amazon 03/13/2026 1,000,000.00 999,891.83 994,950.00 (4,941.83) 4.004 2.949 0.22% A1 023135DC7 AMZN 4.000 03/13/2029 Amazon 03/13/2026 2,000,000.00 1,998,780.67 1,989,900.00 (8,880.67) 4.022 2.949 0.44% A1 437076DC3 HD 4.750 06/25/2029 Home Depot 06/26/2025 5,000,000.00 5,081,408.16 5,076,850.00 (4,558.16) 4.185 3.233 1.11% A2 110122CP1 BMY 3.400 07/26/2029 Bristol-Myers Squibb 09/18/2025 5,000,000.00 4,919,974.60 4,870,300.00 (49,674.60) 3.923 3.318 1.08% A2 17325FBK3 C 4.838 08/06/2029 Citigroup/Citibank NA 09/03/2025 5,000,000.00 5,111,127.98 5,066,550.00 (44,577.98) 4.095 3.348 1.12% Aa3 532457CQ9 LLY 4.200 08/14/2029 Eli Lilly & Co 07/15/2025 5,000,000.00 4,998,307.25 5,004,750.00 6,442.75 4.210 3.370 1.09% Aa3 740816AS2 HARVRD 4.887 03/15/2030 Harvard University 02/27/2026 5,000,000.00 5,195,519.24 5,100,700.00 (94,819.24) 3.790 3.953 1.14% Aaa 30303M8M7 META 4.800 05/15/2030 Meta Platforms 02/20/2026 5,000,000.00 5,163,063.88 5,077,750.00 (85,313.88) 3.900 4.120 1.13% Aa3 30303M8M7 META 4.800 05/15/2030 Meta Platforms 03/30/2026 1,000,000.00 1,014,799.61 1,015,550.00 750.39 4.388 4.120 0.22% Aa3 219207AD9 CORNLU 4.169 06/15/2030 Cornell University 02/17/2026 5,000,000.00 5,064,304.07 4,963,200.00 (101,104.07) 3.821 4.205 1.11% Aa1 219207AD9
CORNLU
4.169
06/15/2030
Cornell University
02/23/2026
5,000,000.00
5,068,305.70
4,963,200.00
(105,105.70)
3.800
4.205
1.11%
Aa1
037833DY3 AAPL 1.250 08/20/2030 Apple 02/20/2026 5,000,000.00 4,490,723.77 4,428,100.00 (62,623.77) 3.798 4.386 0.98% Aaa 48130C4W2 JPM 4.050 09/23/2030 JP Morgan 09/23/2025 5,000,000.00 5,000,000.00 4,884,100.00 (115,900.00) 4.050 4.479 1.09% A1 Corporates 118,548,000.00 118,635,802.25 118,030,935.30 (604,866.95) 25.96% 677523TF9 OH-OHS 3.680 11/01/2027 03/24/2026 1,000,000.00 1,000,000.00 997,700.00 (2,300.00) 3.680 1.585 0.22% Aaa 419792ZQ2 HI-HIS 1.518 10/01/2028 State of Hawaii 03/05/2026 1,000,000.00 950,947.08 941,410.00 (9,537.08) 3.589 2.502 0.21% Aa2 677523TG7 OH-OHS 3.680 11/01/2028 03/24/2026 1,000,000.00 1,000,000.00 995,540.00 (4,460.00) 3.680 2.587 0.22% Aaa 13077DMP4 CA-CASHGR 1.490 11/01/2028 California State University 03/17/2026 2,080,000.00 1,961,640.95 1,949,188.80 (12,452.15) 3.825 2.587 0.43% Aa2 79770GJF4 CA-SFRDEV 2.393 08/01/2029 San Francisco RDA 02/26/2026 5,000,000.00 4,799,643.72 4,743,100.00 (56,543.72) 3.683 3.335 1.05% 13077DQH8 CA-CASHGR 1.674 11/01/2029 California State University 02/26/2026 1,175,000.00 1,099,315.46 1,079,637.00 (19,678.46) 3.609 3.587 0.24% Aa2 677523TH5 OH-OHS 3.751 11/01/2029 03/24/2026 1,000,000.00 1,000,000.00 994,300.00 (5,700.00) 3.751 3.587 0.22% Aaa 91412HGG2 CA-UNVHGR 1.614 05/15/2030 University of California 02/23/2026 10,000,000.00 9,209,053.35 9,075,100.00 (133,953.35) 3.704 4.120 2.02% Aa2 13063DYT9 CA-CAS 1.750 11/01/2030 State of California 02/23/2026 2,100,000.00 1,928,761.67 1,895,649.00 (33,112.67) 3.704 4.586 0.42% Aa2 Municipals 24,355,000.00 22,949,362.24 22,671,624.80 (277,737.44) 5.02% Bond Holdings 442,148,000.00 440,306,961.65 439,484,073.85 (822,887.80) 96.36% Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
03/31/2026
Report Run Date: Apr 20, 2026
15 15
Portfolio Ratings
Portfolio Ratings
City of Huntington Beach
Portfolio: CITY
Reporting Date: 03/31/2026
Par Value Book Value Market Value Book Yield Book Yield Contribution Effective Duration Effective Duration
Contribution Years to Maturity (%) Book Value
A-1
AAA
AA1
AA2
AA3
A1
A2
NR
Hold
Rating Total
10,000,000.00 9,832,887.68 9,816,300.00 3.69 0.08 0.46 0.01 0.46 2.15% 68,000,000.00 67,494,064.45 67,633,290.00 4.23 0.62 1.97 0.29 2.10 14.77% 254,245,000.00 254,181,621.53 253,720,913.75 3.66 2.04 1.78 0.99 2.38 55.63% 30,612,000.00 29,259,126.26 28,968,547.72 3.72 0.24 2.74 0.17 2.90 6.40% 19,000,000.00 19,117,035.55 19,022,400.00 4.06 0.17 2.73 0.11 3.03 4.18% 27,505,000.00 27,611,131.40 27,545,821.50 4.26 0.26 1.85 0.11 2.19 6.04% 32,786,000.00 32,811,094.78 32,776,800.88 4.15 0.30 1.50 0.11 1.64 7.18% 16,635,798.41 16,635,798.41 16,635,798.41 3.76 0.14 0.00 0.00 0.00 3.64%
1.00 1.00
458,783,798.41 456,942,760.06 456,119,872.26 3.84 1.80 100.00% 16 16
Statement of Cash Receipts and Disbursements and
Cash Receipts and Disbursements March 2026 March 2025 Y/Y Percent Change Receipts
General Fund
Property Tax 5,591,864$ 5,425,021$ 3%
Local Sales Tax 3,592,330 3,506,556 2%
Public Safety Sales Tax 335,890 326,347 3%
Transient Occupancy Tax (TOT) 1,177,203 1,111,679 6%
Utility Users Tax (UUT) 1,927,532 573,666 236%
Other Revenue 6,890,989 3,345,593 106%
Total General Fund Revenue 19,515,808 14,288,862 37%
Total All Other Funds Revenue 18,746,298 13,910,821 35% Total Receipts 38,262,106$ 28,199,683$ 36%
Disbursements
General Fund
Personnel Services (13,316,627) (12,979,446) 3%
Operating Expenses (5,273,724) (4,364,763) 21%
Capital Expenditures - - 0%
Non-Operating Expenses - (5,833) 0%
Total General Fund Disbursements (18,590,351) (17,350,042) 7% Total All Other Funds Disbursements (14,191,817) (12,581,631) 13% Total Disbursements (32,782,168) (29,931,673) 10%
Net Change in Cash Flow 5,479,938$ (1,731,990)$ -416% Summary of Cash by Fund March 2026 March 2025 Y/Y Percent Change General Fund 124,612,645$ 127,545,798$ -2%
General Fund Other 5,246,786 2,517,699 108%
Capital Projects Funds 49,603,162 46,339,312 7%
Debt Service Funds 45,742,101 39,387,074 16%
Enterprise Funds 93,994,003 86,050,881 9%
Trust and Agency Funds 9,483,808 11,236,230 -16%
Internal Service Funds 66,635,405 46,374,212 44%
Special Revenue Funds 59,422,930 55,963,072 6%
General Ledger Cash Balances * 454,740,840$ 415,414,278$ 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
March 2026
17