Agenda packet — Lake Elsinore City Council, July 25, 2023 (part 2 of 2)

For the Month Ending June 30, 2023Managed Account Summary Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dividend
Closing Market Value
Redemptions
Purchases
Opening Market Value
Closing Market Value
Change in Current Value
Unsettled Trades
Principal Acquisitions
Principal Dispositions
Maturities/Calls
Opening Market Value
Closing Market Value
Opening Market Value
Account Total
Total Cash Basis Earnings
Plus Net Realized Gains/Losses
Less Purchased Interest Related to Interest/Coupons
Interest/Dividends/Coupons Received
Earnings Reconciliation (Cash Basis) - Managed Account
Dividends
Less Beginning Accrued Interest
Less Beginning Amortized Value of Securities
Less Cost of New Purchases
Plus Coupons/Dividends Received
Plus Proceeds of Maturities/Calls/Principal Payments
Plus Proceeds from Sales
Ending Accrued Interest
Ending Amortized Value of Securities
Earnings Reconciliation (Accrual Basis)
Reconciling Transactions
Net Cash Contribution
Security Purchases
Principal Payments
Coupon/Interest/Dividend Income
Sale Proceeds
Maturities/Calls
Cash Transactions Summary- Managed Account
$19,445.64
2,116,482.59
(2,036,389.45)
$99,538.78
273.70
$50,471,000.19
(78,435.54)
(1,987,051.76)
2,023,709.88

0.00 (379,784.21)
$50,049,438.56
$50,490,445.83
$50,148,977.34
50,721.59
(8,491.30)
(32,210.79)
$10,019.50

0.00 1,993,054.00
44,719.35
78,435.54
(2,032,201.18)
(84,007.71)

0.00 Managed Account Total
51,922,252.76 52,021,791.54
224,627.01
1,993,054.00
78,435.54
44,719.35
(2,032,201.18)
(51,977,203.83)
(183,338.84)

0.00 224,627.01
4,029,443.45
78,435.54
44,719.35
(4,148,683.77)
(51,996,649.47)
(183,338.84)
273.70
Total Accrual Basis Earnings $70,344.81 $70,618.51
Transaction Summary - Managed AccountTransaction Summary - Money Market _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance
$0.00 Closing Cash Balance

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For the Month Ending June 30, 2023
Portfolio Summary and Statistics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Account Summary
Percent Par Value Market ValueDescription
U.S. Treasury Bond / Note 27,125,000.00 25,080,027.35 50.01 Supra-National Agency Bond / Note 1,135,000.00 1,088,421.68 2.17 Municipal Bond / Note 1,535,000.00 1,439,911.25 2.87 Federal Agency Commercial
Mortgage-Backed Security
2,005,000.00 1,901,240.98 3.79
Federal Agency Bond / Note 5,025,000.00 4,731,554.96 9.43 Corporate Note 11,565,000.00 10,996,344.90 21.93
Certificate of Deposit 900,000.00 895,777.34 1.79
Asset-Backed Security 3,994,229.88 3,916,160.10 7.81 Managed Account Sub-Total 53,284,229.88 50,049,438.56 99.80% Accrued Interest 224,627.01
Total Portfolio 53,284,229.88 50,274,065.57
CAMP Pool 99,538.78 99,538.78 0.20
Total Investments 53,383,768.66 50,373,604.35 100.00%
Unsettled Trades 0.00 0.00
Sector Allocation

7.81%ABS

1.79%
Cert of Deposit

21.93%
Corporate Note

9.43%
Fed Agy Bond /
Note

3.79%
Federal Agency
Commercial
Mortgage-Backed
Security

0.20%
Joint Powers
Authority

2.87%
Muni Bond / Note

2.17%
Supra-National
Agency Bond / Note50.01%
US TSY Bond / Note
0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years

5.21%

8.58%

11.50%

18.92%

43.08%

12.71%

0.00%
Maturity Distribution Characteristics
Yield to Maturity at Cost
Yield to Maturity at Market
Weighted Average Days to Maturity 1002

2.91%

4.76%

Page 3 ends

For the Month Ending June 30, 2023
Managed Account Issuer Summary

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Credit Quality (S&P Ratings)

3.31%
A

2.37%
A+

7.51%
A-

3.70%
AA

64.93%
AA+

3.63%
AA-

10.45%
AAA

0.20%
AAAm

1.91%
BBB+

1.99%
NR
Issuer Summary
Percentof HoldingsIssuer
Market Value
219,933.90 0.44 ABBOTT LABORATORIES
438,335.70 0.87 AMAZON.COM INC
537,732.35 1.07 AMERICAN EXPRESS CO
387,818.00 0.77 AMERICAN HONDA FINANCE
727,032.15 1.45 APPLE INC
596,847.43 1.19 BANK OF AMERICA CO
443,520.33 0.88 BERKSHIRE HATHAWAY INC
222,079.17 0.44 BMW FINANCIAL SERVICES NA LLC
364,047.75 0.73 BRISTOL-MYERS SQUIBB CO
77,533.60 0.15 CALIFORNIA STATE UNIVERSITY
99,538.78 0.20 CAMP Pool
724,461.16 1.44 CAPITAL ONE FINANCIAL CORP
275,189.41 0.55 CARMAX AUTO OWNER TRUST
203,145.08 0.41 CATERPILLAR INC
96,663.00 0.19 CHAFFEY JOINT UNION HIGH SCHOOL DISTRICT 377,541.80 0.75 CHARLES SCHWAB
62,752.17 0.13 CINTAS CORPORATION NO. 2
216,426.60 0.43 CITIGROUP INC
94,533.80 0.19 DEERE & COMPANY
844,943.83 1.68 DISCOVER FINANCIAL SERVICES
1,548,718.98 3.09 FANNIE MAE
459,509.25 0.92 FEDERAL HOME LOAN BANKS
287,224.30 0.57 FLORIDA STATE BOARD OF ADMIN FIN CORP 128,407.21 0.26 FORD CREDIT AUTO OWNER TRUST
4,624,567.71 9.22 FREDDIE MAC
218,419.43 0.44 GENERAL DYNAMICS CORP
352,793.17 0.70 GM FINANCIAL CONSUMER AUTOMOBILE TRUST 34,645.31 0.07 GM FINANCIAL LEASINGTRUST
392,475.20 0.78 GOLDMAN SACHS GROUP INC
168,592.93 0.34 HARLEY-DAVIDSON MOTORCYCLE TRUST
23,930.10 0.05 HOME DEPOT INC
96,140.85 0.19 HONDA AUTO RECEIVABLES

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For the Month Ending June 30, 2023Managed Account Issuer Summary

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Percentof HoldingsIssuer
Market Value
120,150.11 0.24 HYUNDAI AUTO RECEIVABLES
219,920.40 0.44 IBM CORP
598,427.18 1.19 INTER-AMERICAN DEVELOPMENT BANK
489,994.50 0.98 INTL BANK OF RECONSTRUCTION AND DEV
465,253.01 0.93 JP MORGAN CHASE & CO
59,106.90 0.12 LOCKHEED MARTIN CORP
128,535.40 0.26 LOS ANGELES COMMUNITY COLLEGE DISTRICT 721,335.00 1.44 MICROSOFT CORP
394,123.60 0.79 MORGAN STANLEY
718,941.25 1.43 NATIONAL AUSTRALIA BANK LTD
373,547.45 0.74 NATIONAL RURAL UTILITIES CO FINANCE CORP 300,485.25 0.60 NEW YORK ST URBAN DEVELOPMENT CORP
353,538.39 0.70 NISSAN AUTO RECEIVABLES
446,081.40 0.89 NORDEA BANK ABP
165,232.73 0.33 PACCAR FINANCIAL CORP
395,134.00 0.79 PNC FINANCIAL SERVICES GROUP
389,790.69 0.78 Roche Holding AG
119,705.30 0.24 SAN JUAN UNIFIED SCHOOL DISTRICT
200,784.00 0.40 STATE OF CALIFORNIA
58,098.00 0.12 STATE OF CONNECTICUT
91,710.00 0.18 STATE OF MINNESOTA
36,601.04 0.07 TARGET CORP
85,101.41 0.17 TEXAS INSTRUMENTS INC
628,504.00 1.25 THE BANK OF NEW YORK MELLON CORPORATION 383,641.60 0.77 THE WALT DISNEY CORPORATION
449,695.94 0.90 TORONTO-DOMINION BANK
831,456.13 1.66 TOYOTA MOTOR CORP
25,080,027.35 50.00 UNITED STATES TREASURY
203,450.63 0.41 UNITEDHEALTH GROUP INC
79,172.40 0.16 UNIVERSITY OF CALIFORNIA
215,931.83 0.43 USAA CAPITAL CORP
$50,148,977.34 Total 100.00%

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For the Month Ending June 30, 2023Managed Account Detail of Securities Held

US TREASURY N/B NOTES
DTD 01/31/2022 0.875% 01/31/2024
2,825,234.52 2,837,571.57 10,584.60 2,789,437.50 01/17/2301/13/23AaaAA+ 2,900,000.00 91282CDV0 4.68

US TREASURY NOTES
DTD 12/31/2019 1.750% 12/31/2024
380,250.00 409,405.51 19.02 427,531.25 08/07/2008/05/20AaaAA+ 400,000.00 912828YY0 0.18

US TREASURY NOTES
DTD 06/30/2020 0.250% 06/30/2025
136,992.18 148,628.60 1.02 147,093.75 04/05/2104/01/21AaaAA+ 150,000.00 912828ZW3 0.72

US TREASURY NOTES
DTD 12/31/2020 0.375% 12/31/2025
135,210.93 148,355.43 1.53 147,052.73 07/07/2107/01/21AaaAA+ 150,000.00 91282CBC4 0.82

US TREASURY NOTES
DTD 12/31/2020 0.375% 12/31/2025
315,492.17 347,183.14 3.57 344,859.38 06/07/2106/02/21AaaAA+ 350,000.00 91282CBC4 0.70

US TREASURY NOTES
DTD 12/31/2020 0.375% 12/31/2025
360,562.48 392,599.89 4.08 387,968.75 12/06/2112/02/21AaaAA+ 400,000.00 91282CBC4 1.13

US TREASURY NOTES
DTD 12/31/2020 0.375% 12/31/2025
405,632.79 447,823.20 4.59 446,167.97 08/05/2108/03/21AaaAA+ 450,000.00 91282CBC4 0.57

US TREASURY NOTES
DTD 12/31/2020 0.375% 12/31/2025
585,914.03 639,313.76 6.62 632,251.95 11/04/2111/02/21AaaAA+ 650,000.00 91282CBC4 1.05

US TREASURY NOTES
DTD 12/31/2020 0.375% 12/31/2025
743,660.12 818,757.62 8.41 814,236.33 09/07/2109/01/21AaaAA+ 825,000.00 91282CBC4 0.68

US TREASURY N/B NOTES
DTD 04/30/2021 0.750% 04/30/2026
67,546.88 72,615.61 94.77 71,458.01 02/14/2202/10/22AaaAA+ 75,000.00 91282CBW0 1.92

US TREASURY N/B NOTES
DTD 04/30/2021 0.750% 04/30/2026
855,593.75 934,797.74 1,200.41 926,843.75 01/06/2201/04/22AaaAA+ 950,000.00 91282CBW0 1.33

US TREASURY N/B NOTES
DTD 07/31/2021 0.625% 07/31/2026
178,187.50 183,400.84 521.41 179,007.81 09/06/2209/01/22AaaAA+ 200,000.00 91282CCP4 3.53

US TREASURY N/B NOTES
DTD 07/31/2021 0.625% 07/31/2026
222,734.38 232,724.48 651.76 226,250.00 05/05/2205/03/22AaaAA+ 250,000.00 91282CCP4 3.03

US TREASURY N/B NOTES
DTD 07/31/2021 0.625% 07/31/2026
668,203.12 703,993.01 1,955.28 690,468.75 08/04/2208/01/22AaaAA+ 750,000.00 91282CCP4 2.74

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For the Month Ending June 30, 2023Managed Account Detail of Securities Held

US TREASURY N/B NOTES
DTD 07/31/2021 0.625% 07/31/2026
712,750.00 748,665.14 2,085.64 732,343.75 07/08/2207/05/22AaaAA+ 800,000.00 91282CCP4 2.84

US TREASURY N/B NOTES
DTD 07/31/2021 0.625% 07/31/2026
801,843.75 839,863.85 2,346.34 819,035.16 06/06/2206/02/22AaaAA+ 900,000.00 91282CCP4 2.94

US TREASURY N/B NOTES
DTD 07/31/2021 0.625% 07/31/2026
801,843.75 837,363.33 2,346.34 819,562.50 08/15/2208/08/22AaaAA+ 900,000.00 91282CCP4 3.04

US TREASURY NOTES
DTD 11/15/2016 2.000% 11/15/2026
231,250.00 231,693.07 638.59 228,144.53 11/04/2211/01/22AaaAA+ 250,000.00 912828U24 4.39

US TREASURY NOTES
DTD 11/15/2016 2.000% 11/15/2026
901,875.00 915,575.15 2,490.49 907,092.77 01/06/2301/04/23AaaAA+ 975,000.00 912828U24 3.96

US TREASURY NOTES
DTD 11/15/2016 2.000% 11/15/2026
1,942,500.00 1,974,957.53 5,364.13 1,954,066.41 12/07/2212/05/22AaaAA+ 2,100,000.00 912828U24 3.92

US TREASURY NOTES
DTD 11/15/2016 2.000% 11/15/2026
8,787,500.00 8,990,728.78 24,266.30 8,922,578.13 01/17/2301/13/23AaaAA+ 9,500,000.00 912828U24 3.72

US TREASURY N/B NOTES
DTD 04/30/2022 2.750% 04/30/2027
1,133,625.00 1,159,686.63 5,559.78 1,155,421.88 02/03/2301/31/23AaaAA+ 1,200,000.00 91282CEN7 3.70

US TREASURY N/B NOTES
DTD 07/31/2022 2.750% 07/31/2027
353,554.69 362,795.66 4,301.62 362,329.10 05/05/2305/01/23AaaAA+ 375,000.00 91282CFB2 3.62

US TREASURY N/B NOTES
DTD 07/31/2022 2.750% 07/31/2027
754,250.00 750,421.70 9,176.80 746,531.25 03/06/2303/02/23AaaAA+ 800,000.00 91282CFB2 4.44

US TREASURY N/B NOTES
DTD 07/31/2022 2.750% 07/31/2027
777,820.31 787,409.59 9,463.57 786,779.30 06/06/2306/02/23AaaAA+ 825,000.00 91282CFB2 3.97 83,096.67 25,080,027.35 25,916,330.83 3.33 25,664,512.71 27,125,000.00 Security Type Sub-Total Supra-National Agency Bond / Note

INTL BK RECON & DEVELOP NOTES
DTD 11/24/2020 0.250% 11/24/2023
489,994.50 499,856.67 128.47 498,925.00 11/24/2011/17/20AaaAAA 500,000.00 459058JM6 0.32

INTER-AMERICAN DEVEL BK NOTES
DTD 09/23/2021 0.500% 09/23/2024
598,427.18 634,807.07 864.31 634,530.10 09/23/2109/15/21AaaAAA 635,000.00 4581X0DZ8 0.52

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For the Month Ending June 30, 2023Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par
Supra-National Agency Bond / Note
992.78 1,088,421.68 1,134,663.74 0.43 1,133,455.10 1,135,000.00 Security Type Sub-Total Municipal Bond / Note

CT ST TXBL GO BONDS
DTD 06/11/2020 1.998% 07/01/2024
58,098.00 60,000.00 599.40 60,000.00 06/11/2005/29/20Aa3AA- 60,000.00 20772KJW0 2.00

CHAFFEY UHSD, CA TXBL GO BONDS
DTD 12/05/2019 2.101% 08/01/2024
96,663.00 100,000.00 875.42 100,000.00 12/05/1911/06/19Aa1AA- 100,000.00 157411TK5 2.10

NY ST URBAN DEV CORP TXBL REV BONDS
DTD 12/23/2020 0.870% 03/15/2025
300,485.25 325,000.00 832.54 325,000.00 12/23/2012/16/20NRNR 325,000.00 650036DT0 0.87

UNIV OF CAL TXBL REV BONDS
DTD 07/16/2020 0.883% 05/15/2025
79,172.40 85,000.00 95.90 85,000.00 07/16/2007/10/20Aa2AA 85,000.00 91412HGE7 0.88

FL ST BOARD OF ADMIN TXBL REV BONDS
DTD 09/16/2020 1.258% 07/01/2025
60,224.45 65,192.07 408.85 65,459.55 09/16/2009/03/20Aa3AA 65,000.00 341271AD6 1.11

FL ST BOARD OF ADMIN TXBL REV BONDS
DTD 09/16/2020 1.258% 07/01/2025
78,755.05 85,235.54 534.65 85,563.55 09/16/2009/03/20Aa3AA 85,000.00 341271AD6 1.12

FL ST BOARD OF ADMIN TXBL REV BONDS
DTD 09/16/2020 1.258% 07/01/2025
148,244.80 160,000.00 1,006.40 160,000.00 09/16/2009/03/20Aa3AA 160,000.00 341271AD6 1.26

MN ST TXBL GO BONDS
DTD 08/25/2020 0.630% 08/01/2025
91,710.00 100,000.00 262.50 100,000.00 08/25/2008/11/20AaaAAA 100,000.00 60412AVJ9 0.63

SAN JUAN USD, CA TXBL GO BONDS
DTD 10/29/2020 0.852% 08/01/2025
119,705.30 130,000.00 461.50 130,000.00 10/29/2010/16/20Aa2NR 130,000.00 798306WP7 0.85

LOS ANGELES CCD, CA TXBL GO BONDS
DTD 11/10/2020 0.773% 08/01/2025
128,535.40 140,000.00 450.92 140,000.00 11/10/2010/30/20AaaAA+ 140,000.00 54438CYK2 0.77

CA ST UNIV TXBL REV BONDS
DTD 07/29/2021 0.862% 11/01/2025
77,533.60 85,000.00 122.12 85,000.00 07/29/2107/09/21Aa2AA- 85,000.00 13077DQD7 0.86

CA ST MUNICIPAL BONDS
DTD 03/15/2023 4.846% 03/01/2027
200,784.00 200,000.00 2,853.76 200,000.00 03/15/2303/09/23Aa2AA- 200,000.00 13063D3N6 4.85 8,503.96 1,439,911.25 1,535,427.61 1.59 1,536,023.10 1,535,000.00 Security Type Sub-Total

Page 8 ends

For the Month Ending June 30, 2023Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par
Federal Agency Commercial Mortgage-Backed Security
FHMS K043 A2
DTD 03/01/2015 3.062% 12/01/2024
241,662.97 253,753.90 637.92 262,382.81 03/25/2003/19/20AaaAA+ 250,000.00 3137BGK24 1.95 FHMS K054 A2
DTD 04/20/2016 2.745% 01/01/2026
260,239.61 264,507.71 629.06 263,613.28 04/14/2304/11/23AaaAA+ 275,000.00 3137BNGT5 4.37 FHMS K058 A2
DTD 11/09/2016 2.653% 08/01/2026
515,094.55 528,374.90 1,215.96 526,839.84 04/12/2304/06/23AaaAA+ 550,000.00 3137BSP72 4.02 FHMS K061 A2
DTD 01/30/2017 3.347% 11/01/2026
362,853.07 368,656.73 1,059.88 368,303.13 05/24/2305/19/23AaaAA+ 380,000.00 3137BTUM1 4.31

FHLMC MULTIFAMILY STRUCTURED P
DTD 07/01/2017 3.243% 04/01/2027
521,390.78 527,331.04 1,486.38 527,033.20 06/13/2306/08/23AaaAA+ 550,000.00 3137F1G44 4.44 5,029.20 1,901,240.98 1,942,624.28 3.97 1,948,172.26 2,005,000.00 Security Type Sub-Total Federal Agency Bond / Note

FREDDIE MAC NOTES
DTD 09/04/2020 0.250% 09/08/2023
222,928.20 225,002.58 176.56 225,041.09 09/04/2009/02/20AaaAA+ 225,000.00 3137EAEW5 0.24

FREDDIE MAC NOTES
DTD 09/04/2020 0.250% 09/08/2023
520,165.80 524,989.12 411.98 524,826.75 09/04/2009/02/20AaaAA+ 525,000.00 3137EAEW5 0.26

FREDDIE MAC NOTES
DTD 10/16/2020 0.125% 10/16/2023
320,163.35 324,881.54 84.64 323,787.75 10/16/2010/14/20AaaAA+ 325,000.00 3137EAEY1 0.25

FREDDIE MAC NOTES
DTD 11/05/2020 0.250% 11/06/2023
343,944.30 349,963.21 133.68 349,685.00 11/05/2011/03/20AaaAA+ 350,000.00 3137EAEZ8 0.28

FANNIE MAE NOTES
DTD 11/25/2020 0.250% 11/27/2023
318,425.58 324,949.68 76.74 324,629.50 11/25/2011/23/20AaaAA+ 325,000.00 3135G06H1 0.29

FREDDIE MAC NOTES
DTD 12/04/2020 0.250% 12/04/2023
293,526.60 299,957.69 56.25 299,703.00 12/04/2012/02/20AaaAA+ 300,000.00 3137EAFA2 0.28

FEDERAL HOME LOAN BANK NOTES
DTD 04/16/2020 0.500% 04/14/2025
323,222.55 349,378.50 374.31 348,264.00 04/16/2004/15/20AaaAA+ 350,000.00 3130AJHU6 0.60

FANNIE MAE NOTES
DTD 04/24/2020 0.625% 04/22/2025
323,704.15 349,738.72 419.27 349,279.00 04/24/2004/22/20AaaAA+ 350,000.00 3135G03U5 0.67

Page 9 ends

For the Month Ending June 30, 2023Managed Account Detail of Securities Held

FREDDIE MAC NOTES
DTD 07/23/2020 0.375% 07/21/2025
387,795.08 424,128.57 708.33 422,883.50 07/23/2007/21/20AaaAA+ 425,000.00 3137EAEU9 0.48

FANNIE MAE NOTES
DTD 08/27/2020 0.375% 08/25/2025
318,219.65 349,294.15 459.38 348,362.00 08/27/2008/25/20AaaAA+ 350,000.00 3135G05X7 0.47

FEDERAL HOME LOAN BANK NOTES
DTD 09/11/2020 0.375% 09/04/2025
136,286.70 149,803.08 182.81 149,550.00 09/11/2009/10/20AaaAA+ 150,000.00 3130AK5E2 0.44

FREDDIE MAC NOTES
DTD 09/25/2020 0.375% 09/23/2025
634,803.40 699,058.55 714.58 697,893.00 09/25/2009/23/20AaaAA+ 700,000.00 3137EAEX3 0.44

FANNIE MAE NOTES
DTD 11/12/2020 0.500% 11/07/2025
588,369.60 648,901.03 487.50 647,673.00 11/12/2011/09/20AaaAA+ 650,000.00 3135G06G3 0.57 4,286.03 4,731,554.96 5,020,046.42 0.41 5,011,577.59 5,025,000.00 Security Type Sub-Total Corporate Note

PNC BANK NA CORP NOTES (CALLABLE)
DTD 01/23/2019 3.500% 01/23/2024
395,134.00 400,281.26 6,144.44 402,848.00 02/15/1902/12/19A3A- 400,000.00 693475AV7 3.34

CHARLES SCHWAB CORP NOTES
(CALLABLE)
DTD 03/18/2021 0.750% 03/18/2024
101,266.10 104,987.50 225.31 104,947.50 03/18/2103/16/21A2A- 105,000.00 808513BN4 0.77

BANK OF NY MELLON CORP NOTES
(CALLABLE)
DTD 04/26/2021 0.500% 04/26/2024
201,586.35 209,938.49 189.58 209,775.30 04/26/2104/19/21A1A 210,000.00 06406RAS6 0.54

MORGAN STANLEY CORP NOTES
DTD 04/28/2014 3.875% 04/29/2024
394,123.60 403,985.96 2,669.44 422,916.00 07/23/1907/19/19A1A- 400,000.00 61746BDQ6 2.59

AMERICAN HONDA FINANCE CORP NOTE
DTD 06/27/2019 2.400% 06/27/2024
387,818.00 399,602.98 106.67 398,016.00 07/15/1907/11/19A3A- 400,000.00 02665WCZ2 2.51

GOLDMAN SACHS GROUP INC (CALLABLE)
BONDS
DTD 07/08/2014 3.850% 07/08/2024
392,475.20 403,031.87 7,400.56 418,632.00 07/11/1907/08/19A2BBB+ 400,000.00 38141EC23 2.84

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For the Month Ending June 30, 2023Managed Account Detail of Securities Held

BMW US CAPITAL LLC CORPORATE NOTES
DTD 08/12/2021 0.750% 08/12/2024
66,367.49 69,997.65 202.71 69,993.70 08/12/2108/09/21A2A 70,000.00 05565EBU8 0.75

WALT DISNEY COMPANY/THE (CALLABLE)
DTD 09/06/2019 1.750% 08/30/2024
383,641.60 399,618.00 2,352.78 398,368.00 09/06/1909/03/19A2A- 400,000.00 254687FK7 1.84

JOHN DEERE CAPITAL CORP CORPORATE
NOTES
DTD 09/10/2021 0.625% 09/10/2024
94,533.80 99,974.08 192.71 99,935.00 09/10/2109/07/21A2A 100,000.00 24422EVU0 0.65

PACCAR FINANCIAL CORP CORPORATE
NOTES
DTD 02/06/2020 1.800% 02/06/2025
165,232.73 177,963.50 1,268.75 182,894.25 10/29/2010/22/20A1A+ 175,000.00 69371RQ66 0.73

AMERICAN EXPRESS CO CORP NOTES
(CALLABLE
DTD 03/04/2022 2.250% 03/04/2025
75,661.20 79,954.88 585.00 79,919.20 03/04/2203/01/22A2BBB+ 80,000.00 025816CQ0 2.29

ROCHE HOLDINGS INC (CALLABLE)

CORPORATE
DTD 03/10/2022 2.132% 03/10/2025
389,790.69 410,000.00 2,695.20 410,000.00 03/10/2203/03/22Aa2AA 410,000.00 771196BT8 2.13

HOME DEPOT INC (CALLABLE) CORPORATE
NOTE
DTD 03/28/2022 2.700% 04/15/2025
23,930.10 24,974.32 142.50 24,956.25 03/28/2203/24/22A2A 25,000.00 437076CM2 2.76

CITIGROUP INC CORP NOTES
DTD 04/27/2015 3.300% 04/27/2025
216,426.60 234,697.47 1,320.00 249,738.75 09/01/2008/28/20A3BBB+ 225,000.00 172967JP7 0.88 CINTAS CORPORATION NO. 2 CORP NOTE
(CALL
DTD 05/03/2022 3.450% 05/01/2025
62,752.17 64,991.24 373.75 64,985.70 05/03/2204/26/22A3A- 65,000.00 17252MAP5 3.46

USAA CAPITAL CORP CORPORATE NOTES
DTD 05/26/2022 3.375% 05/01/2025
215,931.83 224,539.73 1,265.63 224,264.25 05/26/2205/23/22Aa1AA 225,000.00 90327QD89 3.49

GENERAL DYNAMICS CORP (CALLABLE)

CORP NO
DTD 05/11/2018 3.500% 05/15/2025
218,419.43 235,563.28 1,006.25 252,247.50 10/20/2010/16/20A3A- 225,000.00 369550BG2 0.80

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For the Month Ending June 30, 2023Managed Account Detail of Securities Held

JPMORGAN CHASE & CO (CALLABLE) CORP
NOTE
DTD 06/01/2021 0.824% 06/01/2025
299,329.38 315,000.00 216.30 315,000.00 06/01/2105/24/21A1A- 315,000.00 46647PCH7 0.82

AMAZON INC CORP NOTES (CALLABLE)
DTD 06/03/2020 0.800% 06/03/2025
438,335.70 474,910.29 295.56 474,767.25 06/05/2006/03/20A1AA 475,000.00 023135BQ8 0.81

NATIONAL AUSTRALIA BK/NY CORPORATE
NOTES
DTD 06/09/2022 3.500% 06/09/2025
241,470.75 250,000.00 534.72 250,000.00 06/09/2205/31/22Aa3AA- 250,000.00 63254ABD9 3.50

NATIONAL RURAL UTIL COOP CORPORATE
NOTES
DTD 05/04/2022 3.450% 06/15/2025
48,106.25 49,991.52 76.67 49,986.50 05/04/2204/27/22A2A- 50,000.00 63743HFE7 3.46

IBM CORP CORPORATE NOTES
DTD 07/27/2022 4.000% 07/27/2025
219,920.40 225,000.00 3,850.00 225,000.00 07/27/2207/20/22A3A- 225,000.00 459200KS9 4.00

BANK OF AMERICA CORP NOTES
DTD 07/30/2015 3.875% 08/01/2025
218,097.68 238,459.82 3,632.81 256,918.50 08/20/2008/18/20A1A- 225,000.00 06051GFS3 0.93

ABBOTT LABORATORIES CORPORATE

NOTES (CAL
DTD 03/22/2017 3.875% 09/15/2025
219,933.90 238,645.86 2,567.19 257,845.50 09/28/2009/24/20Aa3AA- 225,000.00 002824BM1 0.86

BANK OF AMERICA CORP NOTES
(CALLABLE)
DTD 12/06/2021 1.530% 12/06/2025
210,101.40 225,000.00 239.06 225,000.00 12/06/2112/01/21A1A- 225,000.00 06051GKE8 1.53

JPMORGAN CHASE & CO CORP NOTES
(CALLABLE
DTD 02/24/2022 2.595% 02/24/2026
165,923.63 175,000.00 1,602.05 175,000.00 02/24/2202/16/22A1A- 175,000.00 46647PCV6 2.60

UNITEDHEALTH GROUP INC (CALLABLE)
CORPOR
DTD 05/19/2021 1.150% 05/15/2026
203,450.63 224,774.60 330.63 224,608.50 05/19/2105/17/21A3A+ 225,000.00 91324PEC2 1.19

BMW US CAPITAL LLC (CALLABLE)

CORPORATE
DTD 08/12/2021 1.250% 08/12/2026
155,711.68 174,967.21 844.62 174,947.50 08/16/2108/12/21A2A 175,000.00 05565EBW4 1.26

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For the Month Ending June 30, 2023Managed Account Detail of Securities Held

CATERPILLAR FINL SERVICE CORPORATE
NOTES
DTD 01/10/2022 1.700% 01/08/2027
203,145.08 224,196.95 1,838.13 223,863.75 01/13/2201/11/22A2A 225,000.00 14913R2U0 1.81

TARGET CORP CORP NOTES (CALLABLE)
DTD 01/24/2022 1.950% 01/15/2027
36,601.04 39,951.57 359.67 39,932.00 01/24/2201/19/22A2A 40,000.00 87612EBM7 1.99

BANK OF NY MELLON CORP (CALLABLE)
CORPOR
DTD 01/26/2022 2.050% 01/26/2027
426,917.65 474,245.55 4,192.53 473,945.50 01/28/2201/26/22A1A 475,000.00 06406RBA4 2.10

MICROSOFT CORP CORP NOTES (CALLABLE)
DTD 02/06/2017 3.300% 02/06/2027
721,335.00 724,033.99 9,968.75 721,942.50 03/17/2303/14/23AaaAAA 750,000.00 594918BY9 4.36

AMERICAN EXPRESS CO CORP NOTES
(CALLABLE
DTD 03/04/2022 2.550% 03/04/2027
273,174.90 279,685.54 2,486.25 277,203.00 01/18/2301/13/23A2BBB+ 300,000.00 025816CS6 4.59

BERKSHIRE HATHAWAY CORP NOTES
(CALLABLE)
DTD 03/15/2022 2.300% 03/15/2027
443,520.33 468,390.03 3,216.81 466,089.00 03/17/2203/15/22Aa2AA 475,000.00 084664CZ2 2.70

CHARLES SCHWAB CORP NOTES
(CALLABLE)
DTD 09/24/2021 3.300% 04/01/2027
276,275.70 286,222.31 2,475.00 284,925.00 02/22/2302/17/23A2A- 300,000.00 808513BW4 4.66

NATIONAL AUSTRALIA BK/NY CORPORATE
NOTES
DTD 06/09/2022 3.905% 06/09/2027
477,470.50 489,519.45 1,193.19 488,325.00 01/18/2301/13/23Aa3AA- 500,000.00 63254ABE7 4.50

APPLE INC (CALLABLE) BONDS
DTD 09/12/2017 2.900% 09/12/2027
727,032.15 744,250.01 6,804.93 741,062.75 01/23/2301/19/23AaaAA+ 775,000.00 037833DB3 3.94

TOYOTA MOTOR CREDIT CORP CORPORATE
NOTES
DTD 01/12/2023 4.625% 01/12/2028
371,703.00 376,181.87 8,141.93 376,282.50 02/10/2302/08/23A1A+ 375,000.00 89236TKQ7 4.55

NATIONAL RURAL UTIL COOP CORP NOTES
(CAL
DTD 02/07/2018 3.400% 02/07/2028
325,441.20 330,671.40 4,760.00 329,189.00 02/22/2302/17/23A1A- 350,000.00 637432NP6 4.76

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For the Month Ending June 30, 2023Managed Account Detail of Securities Held

TEXAS INSTRUMENTS INC CORP NOTE
(CALLABL
DTD 11/18/2022 4.600% 02/15/2028
85,101.41 86,990.61 1,477.11 87,043.40 05/18/2305/11/23Aa3A+ 85,000.00 882508BV5 4.04

BRISTOL-MYERS SQUIBB CO CORP NOTES
(CALL
DTD 07/15/2020 3.900% 02/20/2028
364,047.75 359,283.69 5,321.88 358,263.75 03/13/2303/09/23A2A+ 375,000.00 110122DE5 4.93

LOCKHEED MARTIN CORP NOTES
(CALLABLE)
DTD 05/25/2023 4.450% 05/15/2028
59,106.90 59,894.20 267.00 59,892.00 05/25/2305/23/23A3A- 60,000.00 539830BZ1 4.49 94,834.07 10,996,344.90 11,479,368.68 2.81 11,571,470.30 11,565,000.00 Security Type Sub-Total Certificate of Deposit

TORONTO DOMINION BANK NY CERT
DEPOS
DTD 10/31/2022 5.600% 10/27/2025
449,695.94 450,000.00 17,010.00 450,000.00 10/31/2210/27/22A1A 450,000.00 89115B6K1 5.58

NORDEA BANK ABP NEW YORK CERT DEPOS
DTD 11/03/2022 5.530% 11/03/2025
446,081.40 450,000.00 4,009.25 450,000.00 11/03/2211/02/22Aa3AA- 450,000.00 65558UYF3 5.53 21,019.25 895,777.34 900,000.00 5.56 900,000.00 900,000.00 Security Type Sub-Total Asset-Backed Security
GMALT 2021-2 A4
DTD 05/26/2021 0.410% 05/20/2025
34,645.31 34,998.60 4.38 34,997.05 05/26/2105/18/21NRAAA 35,000.00 380144AD7 0.41 HART 2021-A A3
DTD 04/28/2021 0.380% 09/15/2025
43,257.25 44,389.49 7.50 44,387.18 04/28/2104/20/21NRAAA 44,391.84 44933LAC7 0.38 NAROT 2021-A A3
DTD 06/23/2021 0.330% 10/15/2025
216,074.21 222,477.99 32.63 222,476.22 06/23/2106/15/21AaaAAA 222,479.99 65480BAC1 0.33 TAOT 2021-B A3
DTD 06/14/2021 0.260% 11/17/2025
217,617.52 224,595.55 25.95 224,584.37 06/14/2106/08/21NRAAA 224,608.57 89190GAC1 0.26

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For the Month Ending June 30, 2023Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par
Asset-Backed Security
HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
96,140.85 99,987.02 24.44 99,978.92 11/24/2111/16/21AaaNR 100,000.00 43815GAC3 0.89 CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
70,191.00 72,740.92 16.81 72,733.80 04/21/2104/13/21NRAAA 72,749.48 14314QAC8 0.52 HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
76,892.86 79,988.58 26.31 79,982.14 11/17/2111/09/21NRAAA 80,000.00 44935FAD6 0.75 DCENT 2021-A1 A1
DTD 09/27/2021 0.580% 09/15/2026
183,495.96 194,973.03 50.27 194,958.25 09/27/2109/20/21AaaAAA 195,000.00 254683CP8 0.58 GMCAR 2021-4 A3
DTD 10/21/2021 0.680% 09/16/2026
81,344.85 84,998.58 24.08 84,997.83 10/21/2110/13/21AaaAAA 85,000.00 362554AC1 0.68 CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
204,998.41 209,996.03 370.53 209,995.04 07/20/2207/12/22NRAAA 210,000.00 14318MAD1 3.97 NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
137,464.18 139,975.76 277.51 139,971.03 09/28/2209/20/22AaaAAA 140,000.00 65480JAC4 4.46 GMCAR 2022-4 A3
DTD 10/12/2022 4.820% 08/16/2027
271,448.32 274,961.61 552.29 274,954.93 10/12/2210/04/22NRAAA 275,000.00 36265QAD8 4.82 TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
242,135.61 244,999.89 504.16 244,999.88 01/30/2301/24/23NRAAA 245,000.00 891940AC2 4.63 COMET 2022-A3 A
DTD 11/03/2022 4.950% 10/15/2027
243,184.53 244,966.67 539.00 244,961.56 11/03/2210/27/22NRAAA 245,000.00 14041NGB1 4.95 HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
168,592.93 169,984.13 381.56 169,982.88 02/23/2302/13/23AaaNR 170,000.00 41285JAD0 5.05 FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
128,407.21 129,987.14 268.67 129,986.44 03/31/2303/28/23NRAAA 130,000.00 344928AD8 4.65 DCENT 2023-A1 A
DTD 04/11/2023 4.310% 03/15/2028
312,857.70 319,982.28 612.98 319,981.44 04/11/2304/04/23AaaNR 320,000.00 254683CY9 4.31 BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
168,648.35 169,961.83 339.29 169,961.51 06/16/2306/08/23NRAAA 170,000.00 05522RDG0 4.79

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For the Month Ending June 30, 2023Managed Account Detail of Securities Held

Page 16 ends

For the Month Ending June 30, 2023Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
U.S. Treasury Bond / Note
(12,337.05) 35,797.02 2,825,234.52 97.42 CITIGRP 2,900,000.00 91282CDV0US TREASURY N/B NOTES DTD 01/31/2022 0.875% 01/31/2024

5.41 0.58
(29,155.51)(47,281.25) 380,250.00 95.06 WELLS_F 400,000.00 912828YY0US TREASURY NOTES DTD 12/31/2019 1.750% 12/31/2024

5.21 1.49
(11,636.42)(10,101.57) 136,992.18 91.33 GOLDMAN 150,000.00 912828ZW3US TREASURY NOTES DTD 06/30/2020 0.250% 06/30/2025

4.85 2.00
(13,144.50)(11,841.80) 135,210.93 90.14 CITIGRP 150,000.00 91282CBC4US TREASURY NOTES DTD 12/31/2020 0.375% 12/31/2025

4.59 2.49
(31,690.97)(29,367.21) 315,492.17 90.14 JPM_CHA 350,000.00 91282CBC4US TREASURY NOTES DTD 12/31/2020 0.375% 12/31/2025

4.59 2.49
(32,037.41)(27,406.27) 360,562.48 90.14 CITIGRP 400,000.00 91282CBC4US TREASURY NOTES DTD 12/31/2020 0.375% 12/31/2025

4.59 2.49
(42,190.41)(40,535.18) 405,632.79 90.14 JPM_CHA 450,000.00 91282CBC4US TREASURY NOTES DTD 12/31/2020 0.375% 12/31/2025

4.59 2.49
(53,399.73)(46,337.92) 585,914.03 90.14 BNP_PAR 650,000.00 91282CBC4US TREASURY NOTES DTD 12/31/2020 0.375% 12/31/2025

4.59 2.49
(75,097.50)(70,576.21) 743,660.12 90.14 CITIGRP 825,000.00 91282CBC4US TREASURY NOTES DTD 12/31/2020 0.375% 12/31/2025

4.59 2.49
(5,068.73)(3,911.13) 67,546.88 90.06 BMO 75,000.00 91282CBW0US TREASURY N/B NOTES DTD 04/30/2021 0.750% 04/30/2026

4.52 2.80
(79,203.99)(71,250.00) 855,593.75 90.06 CITIGRP 950,000.00 91282CBW0US TREASURY N/B NOTES DTD 04/30/2021 0.750% 04/30/2026

4.52 2.80
(5,213.34)(820.31) 178,187.50 89.09 BMO 200,000.00 91282CCP4US TREASURY N/B NOTES DTD 07/31/2021 0.625% 07/31/2026

4.45 3.05
(9,990.10)(3,515.62) 222,734.38 89.09 HSBC 250,000.00 91282CCP4US TREASURY N/B NOTES DTD 07/31/2021 0.625% 07/31/2026

4.45 3.05
(35,789.89)(22,265.63) 668,203.12 89.09 BMO 750,000.00 91282CCP4US TREASURY N/B NOTES DTD 07/31/2021 0.625% 07/31/2026

4.45 3.05
(35,915.14)(19,593.75) 712,750.00 89.09 HSBC 800,000.00 91282CCP4US TREASURY N/B NOTES DTD 07/31/2021 0.625% 07/31/2026

4.45 3.05
(38,020.10)(17,191.41) 801,843.75 89.09 MERRILL 900,000.00 91282CCP4US TREASURY N/B NOTES DTD 07/31/2021 0.625% 07/31/2026

4.45 3.05
(35,519.58)(17,718.75) 801,843.75 89.09 BMO 900,000.00 91282CCP4US TREASURY N/B NOTES DTD 07/31/2021 0.625% 07/31/2026

4.45 3.05

Page 17 ends

For the Month Ending June 30, 2023Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
U.S. Treasury Bond / Note
(443.07) 3,105.47 231,250.00 92.50 BMO 250,000.00 912828U24US TREASURY NOTES DTD 11/15/2016 2.000% 11/15/2026

4.42 3.27
(13,700.15)(5,217.77) 901,875.00 92.50 BMO 975,000.00 912828U24US TREASURY NOTES DTD 11/15/2016 2.000% 11/15/2026

4.42 3.27
(32,457.53)(11,566.41) 1,942,500.00 92.50 HSBC 2,100,000.00 912828U24US TREASURY NOTES DTD 11/15/2016 2.000% 11/15/2026

4.42 3.27
(203,228.78)(135,078.13) 8,787,500.00 92.50 JPM_CHA 9,500,000.00 912828U24US TREASURY NOTES DTD 11/15/2016 2.000% 11/15/2026

4.42 3.27
(26,061.63)(21,796.88) 1,133,625.00 94.47 BNP_PAR 1,200,000.00 91282CEN7US TREASURY N/B NOTES DTD 04/30/2022 2.750% 04/30/2027

4.33 3.64
(9,240.97)(8,774.41) 353,554.69 94.28 MORGAN_ 375,000.00 91282CFB2US TREASURY N/B NOTES DTD 07/31/2022 2.750% 07/31/2027

4.29 3.84
3,828.30 7,718.75 754,250.00 94.28 BMO 800,000.00 91282CFB2US TREASURY N/B NOTES DTD 07/31/2022 2.750% 07/31/2027

4.29 3.84
(9,589.28)(8,958.99) 777,820.31 94.28 HSBC 825,000.00 91282CFB2US TREASURY N/B NOTES DTD 07/31/2022 2.750% 07/31/2027

4.29 3.84
(584,485.36) 4.56 (836,303.48) 25,080,027.35 27,125,000.00 Security Type Sub-Total 2.87 Supra-National Agency Bond / Note
(9,862.17)(8,930.50) 489,994.50 98.00 TD 500,000.00 459058JM6INTL BK RECON & DEVELOP NOTES DTD 11/24/2020 0.250% 11/24/2023

5.36 0.40
(36,379.89)(36,102.92) 598,427.18 94.24 JPM_CHA 635,000.00 4581X0DZ8INTER-AMERICAN DEVEL BK NOTES DTD 09/23/2021 0.500% 09/23/2024

5.40 1.23
(45,033.42) 5.38 (46,242.06) 1,088,421.68 1,135,000.00 Security Type Sub-Total 0.86 Municipal Bond / Note
(1,902.00)(1,902.00) 58,098.00 96.83 SIEBERT 60,000.00 20772KJW0CT ST TXBL GO BONDS DTD 06/11/2020 1.998% 07/01/2024

5.29 0.99
(3,337.00)(3,337.00) 96,663.00 96.66 RBC 100,000.00 157411TK5CHAFFEY UHSD, CA TXBL GO BONDS DTD 12/05/2019 2.101% 08/01/2024

5.30 1.07
(24,514.75)(24,514.75) 300,485.25 92.46 WELLS_F 325,000.00 650036DT0NY ST URBAN DEV CORP TXBL REV BONDS DTD 12/23/2020 0.870% 03/15/2025

5.56 1.69

Page 18 ends

For the Month Ending June 30, 2023Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Municipal Bond / Note
(5,827.60)(5,827.60) 79,172.40 93.14 04/15/25JPM_CHA 85,000.00 91412HGE7UNIV OF CAL TXBL REV BONDS DTD 07/16/2020 0.883% 05/15/2025

4.75 1.78
(4,967.62)(5,235.10) 60,224.45 92.65 MERRILL 65,000.00 341271AD6FL ST BOARD OF ADMIN TXBL REV BONDS DTD 09/16/2020 1.258% 07/01/2025

5.17 1.97
(6,480.49)(6,808.50) 78,755.05 92.65 MERRILL 85,000.00 341271AD6FL ST BOARD OF ADMIN TXBL REV BONDS DTD 09/16/2020 1.258% 07/01/2025

5.17 1.97
(11,755.20)(11,755.20) 148,244.80 92.65 MERRILL 160,000.00 341271AD6FL ST BOARD OF ADMIN TXBL REV BONDS DTD 09/16/2020 1.258% 07/01/2025

5.17 1.97
(8,290.00)(8,290.00) 91,710.00 91.71 MORGAN_ 100,000.00 60412AVJ9MN ST TXBL GO BONDS DTD 08/25/2020 0.630% 08/01/2025

4.86 2.07
(10,294.70)(10,294.70) 119,705.30 92.08 KEYBANC 130,000.00 798306WP7SAN JUAN USD, CA TXBL GO BONDS DTD 10/29/2020 0.852% 08/01/2025

4.89 2.06
(11,464.60)(11,464.60) 128,535.40 91.81 MERRILL 140,000.00 54438CYK2LOS ANGELES CCD, CA TXBL GO BONDS DTD 11/10/2020 0.773% 08/01/2025

4.95 2.07
(7,466.40)(7,466.40) 77,533.60 91.22 JPM_CHA 85,000.00 13077DQD7CA ST UNIV TXBL REV BONDS DTD 07/29/2021 0.862% 11/01/2025

4.89 2.31
784.00 784.00 200,784.00 100.39 WELLS_F 200,000.00 13063D3N6CA ST MUNICIPAL BONDS DTD 03/15/2023 4.846% 03/01/2027

4.73 3.36
(96,111.85) 5.10 (95,516.36) 1,439,911.25 1,535,000.00 Security Type Sub-Total 2.04 Federal Agency Commercial Mortgage-Backed Security
(12,090.93)(20,719.84) 241,662.97 96.67 CITIGRP 250,000.00 3137BGK24FHMS K043 A2 DTD 03/01/2015 3.062% 12/01/2024

5.51 1.35
(4,268.10)(3,373.67) 260,239.61 94.63 BAIRD 275,000.00 3137BNGT5FHMS K054 A2 DTD 04/20/2016 2.745% 01/01/2026

5.03 2.31
(13,280.35)(11,745.29) 515,094.55 93.65 BREAN 550,000.00 3137BSP72FHMS K058 A2 DTD 11/09/2016 2.653% 08/01/2026

4.87 2.93
(5,803.66)(5,450.06) 362,853.07 95.49 CITIGRP 380,000.00 3137BTUM1FHMS K061 A2 DTD 01/30/2017 3.347% 11/01/2026

4.81 3.00
(5,940.26)(5,642.42) 521,390.78 94.80 CITIGRP 550,000.00 3137F1G44FHLMC MULTIFAMILY STRUCTURED P DTD 07/01/2017 3.243% 04/01/2027

4.76 3.44
(46,931.28) 4.93 (41,383.30) 1,901,240.98 2,005,000.00 Security Type Sub-Total 2.80

Page 19 ends

For the Month Ending June 30, 2023Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Federal Agency Bond / Note
(2,074.38)(2,112.89) 222,928.20 99.08 NOMURA 225,000.00 3137EAEW5FREDDIE MAC NOTES DTD 09/04/2020 0.250% 09/08/2023

5.17 0.19
(4,823.32)(4,660.95) 520,165.80 99.08 WELLS_F 525,000.00 3137EAEW5FREDDIE MAC NOTES DTD 09/04/2020 0.250% 09/08/2023

5.17 0.19
(4,718.19)(3,624.40) 320,163.35 98.51 WELLS_F 325,000.00 3137EAEY1FREDDIE MAC NOTES DTD 10/16/2020 0.125% 10/16/2023

5.26 0.30
(6,018.91)(5,740.70) 343,944.30 98.27 CITIGRP 350,000.00 3137EAEZ8FREDDIE MAC NOTES DTD 11/05/2020 0.250% 11/06/2023

5.28 0.35
(6,524.10)(6,203.92) 318,425.58 97.98 NOMURA 325,000.00 3135G06H1FANNIE MAE NOTES DTD 11/25/2020 0.250% 11/27/2023

5.31 0.41
(6,431.09)(6,176.40) 293,526.60 97.84 CITIGRP 300,000.00 3137EAFA2FREDDIE MAC NOTES DTD 12/04/2020 0.250% 12/04/2023

5.41 0.43
(26,155.95)(25,041.45) 323,222.55 92.35 CITIGRP 350,000.00 3130AJHU6FEDERAL HOME LOAN BANK NOTES DTD 04/16/2020 0.500% 04/14/2025

5.02 1.78
(26,034.57)(25,574.85) 323,704.15 92.49 CITIGRP 350,000.00 3135G03U5FANNIE MAE NOTES DTD 04/24/2020 0.625% 04/22/2025

5.02 1.80
(36,333.49)(35,088.42) 387,795.08 91.25 WELLS_F 425,000.00 3137EAEU9FREDDIE MAC NOTES DTD 07/23/2020 0.375% 07/21/2025

4.90 2.05
(31,074.50)(30,142.35) 318,219.65 90.92 BARCLAY 350,000.00 3135G05X7FANNIE MAE NOTES DTD 08/27/2020 0.375% 08/25/2025

4.87 2.14
(13,516.38)(13,263.30) 136,286.70 90.86 WELLS_F 150,000.00 3130AK5E2FEDERAL HOME LOAN BANK NOTES DTD 09/11/2020 0.375% 09/04/2025

4.85 2.17
(64,255.15)(63,089.60) 634,803.40 90.69 CITIGRP 700,000.00 3137EAEX3FREDDIE MAC NOTES DTD 09/25/2020 0.375% 09/23/2025

4.83 2.22
(60,531.43)(59,303.40) 588,369.60 90.52 BARCLAY 650,000.00 3135G06G3FANNIE MAE NOTES DTD 11/12/2020 0.500% 11/07/2025

4.81 2.34
(280,022.63) 5.05 (288,491.46) 4,731,554.96 5,025,000.00 Security Type Sub-Total 1.34 Corporate Note
(5,147.26)(7,714.00) 395,134.00 98.78 12/23/23CITIGRP 400,000.00 693475AV7PNC BANK NA CORP NOTES (CALLABLE) DTD 01/23/2019 3.500% 01/23/2024

5.72 0.47

Page 20 ends

For the Month Ending June 30, 2023Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Corporate Note
(3,721.40)(3,681.40) 101,266.10 96.44 02/18/24CSFB 105,000.00 808513BN4CHARLES SCHWAB CORP NOTES (CALLABLE)
DTD 03/18/2021 0.750% 03/18/2024

5.89 0.63
(8,352.14)(8,188.95) 201,586.35 95.99 03/26/24JPM_CHA 210,000.00 06406RAS6BANK OF NY MELLON CORP NOTES (CALLABLE)
DTD 04/26/2021 0.500% 04/26/2024

5.55 0.74
(9,862.36)(28,792.40) 394,123.60 98.53 WELLS_FA 400,000.00 61746BDQ6MORGAN STANLEY CORP NOTES DTD 04/28/2014 3.875% 04/29/2024

5.70 0.82
(11,784.98)(10,198.00) 387,818.00 96.95 WELLS_FA 400,000.00 02665WCZ2AMERICAN HONDA FINANCE CORP NOTE DTD 06/27/2019 2.400% 06/27/2024

5.60 0.99
(10,556.67)(26,156.80) 392,475.20 98.12 04/08/24SUSQ 400,000.00 38141EC23GOLDMAN SACHS GROUP INC (CALLABLE) BONDS
DTD 07/08/2014 3.850% 07/08/2024

5.77 0.75
(3,630.16)(3,626.21) 66,367.49 94.81 GOLDMAN 70,000.00 05565EBU8BMW US CAPITAL LLC CORPORATE NOTES DTD 08/12/2021 0.750% 08/12/2024

5.61 1.11
(15,976.40)(14,726.40) 383,641.60 95.91 07/30/24JPM_CHAS 400,000.00 254687FK7WALT DISNEY COMPANY/THE (CALLABLE) DTD 09/06/2019 1.750% 08/30/2024

5.41 1.07
(5,440.28)(5,401.20) 94,533.80 94.53 HSBC 100,000.00 24422EVU0JOHN DEERE CAPITAL CORP CORPORATE NOTES
DTD 09/10/2021 0.625% 09/10/2024

5.41 1.19
(12,730.77)(17,661.52) 165,232.73 94.42 MERRILL 175,000.00 69371RQ66PACCAR FINANCIAL CORP CORPORATE NOTES
DTD 02/06/2020 1.800% 02/06/2025

5.49 1.57
(4,293.68)(4,258.00) 75,661.20 94.58 02/01/25BARCLAY 80,000.00 025816CQ0AMERICAN EXPRESS CO CORP NOTES (CALLABLE
DTD 03/04/2022 2.250% 03/04/2025

5.68 1.55
(20,209.31)(20,209.31) 389,790.69 95.07 02/10/25DEUTSCH 410,000.00 771196BT8ROCHE HOLDINGS INC (CALLABLE)

CORPORATE
DTD 03/10/2022 2.132% 03/10/2025

5.21 1.58
(1,044.22)(1,026.15) 23,930.10 95.72 03/15/25MORGAN_ 25,000.00 437076CM2HOME DEPOT INC (CALLABLE) CORPORATE NOTE
DTD 03/28/2022 2.700% 04/15/2025

5.23 1.67
(18,270.87)(33,312.15) 216,426.60 96.19 MKTX 225,000.00 172967JP7CITIGROUP INC CORP NOTES DTD 04/27/2015 3.300% 04/27/2025

5.52 1.78

Page 21 ends

For the Month Ending June 30, 2023Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Corporate Note
(2,239.07)(2,233.53) 62,752.17 96.54 04/01/25KEYBANC 65,000.00 17252MAP5CINTAS CORPORATION NO. 2 CORP NOTE (CALL
DTD 05/03/2022 3.450% 05/01/2025

5.45 1.71
(8,607.90)(8,332.42) 215,931.83 95.97 MERRILL 225,000.00 90327QD89USAA CAPITAL CORP CORPORATE NOTES DTD 05/26/2022 3.375% 05/01/2025

5.72 1.79
(17,143.85)(33,828.07) 218,419.43 97.08 03/15/25JPM_CHA 225,000.00 369550BG2GENERAL DYNAMICS CORP (CALLABLE)

CORP NO
DTD 05/11/2018 3.500% 05/15/2025

5.15 1.67
(15,670.62)(15,670.62) 299,329.38 95.03 06/01/24JPM_CHA 315,000.00 46647PCH7JPMORGAN CHASE & CO (CALLABLE) CORP NOTE
DTD 06/01/2021 0.824% 06/01/2025

3.53 0.92
(36,574.59)(36,431.55) 438,335.70 92.28 05/03/25GOLDMAN 475,000.00 023135BQ8AMAZON INC CORP NOTES (CALLABLE) DTD 06/03/2020 0.800% 06/03/2025

5.06 1.83
(8,529.25)(8,529.25) 241,470.75 96.59 CITIGRP 250,000.00 63254ABD9NATIONAL AUSTRALIA BK/NY CORPORATE NOTES
DTD 06/09/2022 3.500% 06/09/2025

5.37 1.89
(1,885.27)(1,880.25) 48,106.25 96.21 RBC 50,000.00 63743HFE7NATIONAL RURAL UTIL COOP CORPORATE NOTES
DTD 05/04/2022 3.450% 06/15/2025

5.52 1.91
(5,079.60)(5,079.60) 219,920.40 97.74 JPM_CHA 225,000.00 459200KS9IBM CORP CORPORATE NOTES DTD 07/27/2022 4.000% 07/27/2025

5.16 1.98
(20,362.14)(38,820.82) 218,097.68 96.93 MERRILL 225,000.00 06051GFS3BANK OF AMERICA CORP NOTES DTD 07/30/2015 3.875% 08/01/2025

5.45 1.99
(18,711.96)(37,911.60) 219,933.90 97.75 06/15/25US_BANC 225,000.00 002824BM1ABBOTT LABORATORIES CORPORATE

NOTES (CAL
DTD 03/22/2017 3.875% 09/15/2025

4.96 1.88
(14,898.60)(14,898.60) 210,101.40 93.38 12/06/24MERRILL 225,000.00 06051GKE8BANK OF AMERICA CORP NOTES (CALLABLE)
DTD 12/06/2021 1.530% 12/06/2025

4.43 1.42
(9,076.37)(9,076.37) 165,923.63 94.81 02/24/25JPM_CHA 175,000.00 46647PCV6JPMORGAN CHASE & CO CORP NOTES (CALLABLE
DTD 02/24/2022 2.595% 02/24/2026

4.70 1.61

Page 22 ends

For the Month Ending June 30, 2023Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Corporate Note
(21,323.97)(21,157.87) 203,450.63 90.42 04/15/26CITIGRP 225,000.00 91324PEC2UNITEDHEALTH GROUP INC (CALLABLE) CORPOR
DTD 05/19/2021 1.150% 05/15/2026

4.75 2.75
(19,255.53)(19,235.82) 155,711.68 88.98 07/12/26MITSU 175,000.00 05565EBW4BMW US CAPITAL LLC (CALLABLE)

CORPORATE
DTD 08/12/2021 1.250% 08/12/2026

5.12 2.97
(21,051.87)(20,718.67) 203,145.08 90.29 JPM_CHA 225,000.00 14913R2U0CATERPILLAR FINL SERVICE CORPORATE NOTES
DTD 01/10/2022 1.700% 01/08/2027

4.73 3.40
(3,350.53)(3,330.96) 36,601.04 91.50 12/15/26CITIGRP 40,000.00 87612EBM7TARGET CORP CORP NOTES (CALLABLE) DTD 01/24/2022 1.950% 01/15/2027

4.58 3.32
(47,327.90)(47,027.85) 426,917.65 89.88 12/26/26DEUTSCH 475,000.00 06406RBA4BANK OF NY MELLON CORP (CALLABLE) CORPOR
DTD 01/26/2022 2.050% 01/26/2027

5.19 3.34
(2,698.99)(607.50) 721,335.00 96.18 11/06/26GOLDMAN 750,000.00 594918BY9MICROSOFT CORP CORP NOTES (CALLABLE)
DTD 02/06/2017 3.300% 02/06/2027

4.46 3.15
(6,510.64)(4,028.10) 273,174.90 91.06 02/01/27RBS 300,000.00 025816CS6AMERICAN EXPRESS CO CORP NOTES (CALLABLE
DTD 03/04/2022 2.550% 03/04/2027

5.25 3.41
(24,869.70)(22,568.67) 443,520.33 93.37 02/15/27SEEL 475,000.00 084664CZ2BERKSHIRE HATHAWAY CORP NOTES (CALLABLE)
DTD 03/15/2022 2.300% 03/15/2027

4.25 3.47
(9,946.61)(8,649.30) 276,275.70 92.09 01/01/27BARCLAY 300,000.00 808513BW4CHARLES SCHWAB CORP NOTES (CALLABLE)
DTD 09/24/2021 3.300% 04/01/2027

5.67 3.30
(12,048.95)(10,854.50) 477,470.50 95.49 CBAA 500,000.00 63254ABE7NATIONAL AUSTRALIA BK/NY CORPORATE NOTES
DTD 06/09/2022 3.905% 06/09/2027

5.18 3.68
(17,217.86)(14,030.60) 727,032.15 93.81 06/12/27TD 775,000.00 037833DB3APPLE INC (CALLABLE) BONDS DTD 09/12/2017 2.900% 09/12/2027

4.53 3.72
(4,478.87)(4,579.50) 371,703.00 99.12 WELLS_F 375,000.00 89236TKQ7TOYOTA MOTOR CREDIT CORP

CORPORATE NOTES
DTD 01/12/2023 4.625% 01/12/2028

4.84 4.05

Page 23 ends

For the Month Ending June 30, 2023Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Corporate Note
(5,230.20)(3,747.80) 325,441.20 92.98 11/07/27MORGAN_ 350,000.00 637432NP6NATIONAL RURAL UTIL COOP CORP NOTES (CAL
DTD 02/07/2018 3.400% 02/07/2028

5.13 4.01
(1,889.20)(1,941.99) 85,101.41 100.12 01/15/28JPM_CHA 85,000.00 882508BV5TEXAS INSTRUMENTS INC CORP NOTE (CALLABL
DTD 11/18/2022 4.600% 02/15/2028

4.57 4.08
4,764.06 5,784.00 364,047.75 97.08 11/20/27MKTX 375,000.00 110122DE5BRISTOL-MYERS SQUIBB CO CORP NOTES (CALL
DTD 07/15/2020 3.900% 02/20/2028

4.61 4.01
(787.30)(785.10) 59,106.90 98.51 04/15/28BARCLAY 60,000.00 539830BZ1LOCKHEED MARTIN CORP NOTES (CALLABLE)
DTD 05/25/2023 4.450% 05/15/2028

4.80 4.41
(575,125.40) 5.07 (483,023.78) 10,996,344.90 11,565,000.00 Security Type Sub-Total 2.36 Certificate of Deposit
(304.06)(304.06) 449,695.94 99.93 TD 450,000.00 89115B6K1TORONTO DOMINION BANK NY CERT DEPOS
DTD 10/31/2022 5.600% 10/27/2025

5.59 3.02
(3,918.60)(3,918.60) 446,081.40 99.13 WELLS_F 450,000.00 65558UYF3NORDEA BANK ABP NEW YORK CERT DEPOS
DTD 11/03/2022 5.530% 11/03/2025

5.93 2.21
(4,222.66) 5.76 (4,222.66) 895,777.34 900,000.00 Security Type Sub-Total 2.61 Asset-Backed Security
(353.29)(351.74) 34,645.31 98.99 SOCGEN 35,000.00 380144AD7GMALT 2021-2 A4 DTD 05/26/2021 0.410% 05/20/2025

0.95 0.23
(1,132.24)(1,129.93) 43,257.25 97.44 BARCLAY 44,391.84 44933LAC7HART 2021-A A3 DTD 04/28/2021 0.380% 09/15/2025

1.56 0.50
(6,403.78)(6,402.01) 216,074.21 97.12 MITSU 222,479.99 65480BAC1NAROT 2021-A A3 DTD 06/23/2021 0.330% 10/15/2025

1.61 0.61
(6,978.03)(6,966.85) 217,617.52 96.89 CITIGRP 224,608.57 89190GAC1TAOT 2021-B A3 DTD 06/14/2021 0.260% 11/17/2025

1.59 0.61

Page 24 ends

For the Month Ending June 30, 2023Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Asset-Backed Security
(3,846.17)(3,838.07) 96,140.85 96.14 MERRILL 100,000.00 43815GAC3HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026

2.44 0.84
(2,549.92)(2,542.80) 70,191.00 96.48 MERRILL 72,749.48 14314QAC8CARMX 2021-2 A3 DTD 04/21/2021 0.520% 02/17/2026

1.89 0.62
(3,095.72)(3,089.28) 76,892.86 96.12 SMBC 80,000.00 44935FAD6HART 2021-C A3 DTD 11/17/2021 0.740% 05/15/2026

2.13 0.81
(11,477.07)(11,462.29) 183,495.96 94.10 CITIGRP 195,000.00 254683CP8DCENT 2021-A1 A1 DTD 09/27/2021 0.580% 09/15/2026

2.50 1.18
(3,653.73)(3,652.98) 81,344.85 95.70 JPM_CHA 85,000.00 362554AC1GMCAR 2021-4 A3 DTD 10/21/2021 0.680% 09/16/2026

2.07 0.87
(4,997.62)(4,996.63) 204,998.41 97.62 RBC 210,000.00 14318MAD1CARMX 2022-3 A3 DTD 07/20/2022 3.970% 04/15/2027

4.66 1.39
(2,511.58)(2,506.85) 137,464.18 98.19 WELLS_F 140,000.00 65480JAC4NAROT 2022-B A3 DTD 09/28/2022 4.460% 05/17/2027

4.97 1.73
(3,513.29)(3,506.61) 271,448.32 98.71 RBC 275,000.00 36265QAD8GMCAR 2022-4 A3 DTD 10/12/2022 4.820% 08/16/2027

5.17 1.75
(2,864.28)(2,864.27) 242,135.61 98.83 MERRILL 245,000.00 891940AC2TAOT 2023-A A3 DTD 01/30/2023 4.630% 09/15/2027

4.94 1.88
(1,782.14)(1,777.03) 243,184.53 99.26 RBC 245,000.00 14041NGB1COMET 2022-A3 A DTD 11/03/2022 4.950% 10/15/2027

5.14 2.12
(1,391.20)(1,389.95) 168,592.93 99.17 JPM_CHA 170,000.00 41285JAD0HDMOT 2023-A A3 DTD 02/23/2023 5.050% 12/15/2027

5.26 1.94
(1,579.93)(1,579.23) 128,407.21 98.77 BNP_PAR 130,000.00 344928AD8FORDO 2023-A A3 DTD 03/31/2023 4.650% 02/15/2028

4.95 2.11
(7,124.58)(7,123.74) 312,857.70 97.77 RBC 320,000.00 254683CY9DCENT 2023-A1 A DTD 04/11/2023 4.310% 03/15/2028

4.84 2.50
(1,313.48)(1,313.16) 168,648.35 99.20 MERRILL 170,000.00 05522RDG0BACCT 2023-A1 A1 DTD 06/16/2023 4.790% 05/15/2028

4.97 2.63
(1,087.06)(1,086.90) 188,896.25 99.42 RBC 190,000.00 02582JJZ4AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028

5.00 2.63
(8,613.36)(8,611.01) 481,276.63 98.22 RBC 490,000.00 14041NGD7COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028

4.83 2.64
(1,362.63)(1,362.55) 348,590.17 99.60 MERRILL 350,000.00 254683CZ6DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028

5.02 2.70

Page 25 ends

For the Month Ending June 30, 2023Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
(77,553.88) 4.17 (77,631.10) 3,916,160.10 3,994,229.88 Security Type Sub-Total 1.85 53,284,229.88 50,049,438.56 (1,709,486.48) (1,872,814.20) 4.76 Managed Account Sub-Total 2.46 Joint Powers Authority

0.00 0.00 99,538.78 1.00 99,538.78 CAMP Pool 0.00
99,538.78 99,538.78 0.00 0.00 Liquid Sub-Total 0.00 Total Investments $50,373,604.35
$224,627.01
$50,148,977.34
Accrued Interest
Securities Sub-Total $53,383,768.66 ($1,709,486.48) ($1,872,814.20) 4.76% 2.46

Page 26 ends

For the Month Ending June 30, 2023Managed Account Security Transactions & Interest

INTEREST
06/01/23 JPMORGAN CHASE & CO (CALLABLE)

CORP NOTE
DTD 06/01/2021 0.824% 06/01/2025
46647PCH7 0.00 1,297.80 1,297.80 315,000.00 06/01/23 06/25/23 FHMS K054 A2
DTD 04/20/2016 2.745% 01/01/2026
3137BNGT5 0.00 629.06 629.06 275,000.00 06/01/23
06/25/23 FHMS K043 A2
DTD 03/01/2015 3.062% 12/01/2024
3137BGK24 0.00 637.92 637.92 250,000.00 06/01/23
06/25/23 FHMS K058 A2
DTD 11/09/2016 2.653% 08/01/2026
3137BSP72 0.00 1,215.96 1,215.96 550,000.00 06/01/23 06/25/23 FHMS K061 A2
DTD 01/30/2017 3.347% 11/01/2026
3137BTUM1 0.00 1,059.88 1,059.88 380,000.00 06/01/23 06/03/23 AMAZON INC CORP NOTES (CALLABLE)
DTD 06/03/2020 0.800% 06/03/2025
023135BQ8 0.00 1,900.00 1,900.00 475,000.00 06/03/23 06/04/23 FREDDIE MAC NOTES
DTD 12/04/2020 0.250% 12/04/2023
3137EAFA2 0.00 375.00 375.00 300,000.00 06/04/23
06/06/23 BANK OF AMERICA CORP NOTES
(CALLABLE)
DTD 12/06/2021 1.530% 12/06/2025
06051GKE8 0.00 1,721.25 1,721.25 225,000.00 06/06/23 06/09/23 NATIONAL AUSTRALIA BK/NY

CORPORATE NOTES
DTD 06/09/2022 3.905% 06/09/2027
63254ABE7 0.00 9,762.50 9,762.50 500,000.00 06/09/23

Page 27 ends

For the Month Ending June 30, 2023Managed Account Security Transactions & Interest

INTEREST
06/09/23 NATIONAL AUSTRALIA BK/NY

CORPORATE NOTES
DTD 06/09/2022 3.500% 06/09/2025
63254ABD9 0.00 4,375.00 4,375.00 250,000.00 06/09/23 06/15/23 CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
14318MAD1 0.00 694.75 694.75 210,000.00 06/15/23
06/15/23 CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
14314QAC8 0.00 33.86 33.86 78,133.52 06/15/23
06/15/23 TAOT 2021-B A3
DTD 06/14/2021 0.260% 11/17/2025
89190GAC1 0.00 52.53 52.53 242,459.20 06/15/23
06/15/23 NATIONAL RURAL UTIL COOP

CORPORATE NOTES
DTD 05/04/2022 3.450% 06/15/2025
63743HFE7 0.00 862.50 862.50 50,000.00 06/15/23
06/15/23 TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
891940AC2 0.00 945.29 945.29 245,000.00 06/15/23
06/15/23 NAROT 2021-A A3
DTD 06/23/2021 0.330% 10/15/2025
65480BAC1 0.00 65.88 65.88 239,559.41 06/15/23
06/15/23 HART 2021-A A3
DTD 04/28/2021 0.380% 09/15/2025
44933LAC7 0.00 15.37 15.37 48,545.97 06/15/23
06/15/23 NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
65480JAC4 0.00 520.33 520.33 140,000.00 06/15/23
06/15/23 COMET 2022-A3 A
DTD 11/03/2022 4.950% 10/15/2027
14041NGB1 0.00 1,010.63 1,010.63 245,000.00 06/15/23 06/15/23 DCENT 2023-A1 A
DTD 04/11/2023 4.310% 03/15/2028
254683CY9 0.00 1,149.33 1,149.33 320,000.00 06/15/23 06/15/23 HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
44935FAD6 0.00 49.33 49.33 80,000.00 06/15/23
06/15/23 HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
41285JAD0 0.00 715.42 715.42 170,000.00 06/15/23
06/15/23 DCENT 2021-A1 A1
DTD 09/27/2021 0.580% 09/15/2026
254683CP8 0.00 94.25 94.25 195,000.00 06/15/23
06/15/23 FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
344928AD8 0.00 503.75 503.75 130,000.00 06/15/23
06/16/23 GMCAR 2022-4 A3
DTD 10/12/2022 4.820% 08/16/2027
36265QAD8 0.00 1,104.58 1,104.58 275,000.00 06/16/23

Page 28 ends

For the Month Ending June 30, 2023Managed Account Security Transactions & Interest

INTEREST
06/16/23 GMCAR 2021-4 A3
DTD 10/21/2021 0.680% 09/16/2026
362554AC1 0.00 48.17 48.17 85,000.00 06/16/23
06/20/23 GMALT 2021-2 A4
DTD 05/26/2021 0.410% 05/20/2025
380144AD7 0.00 11.96 11.96 35,000.00 06/20/23
06/20/23 GMALT 2021-1 A4
DTD 02/24/2021 0.330% 02/20/2025
36261RAD0 0.00 9.34 9.34 33,967.32 06/20/23
06/21/23 HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
43815GAC3 0.00 73.33 73.33 100,000.00 06/21/23
06/27/23 AMERICAN HONDA FINANCE CORP
NOTE
DTD 06/27/2019 2.400% 06/27/2024
02665WCZ2 0.00 4,800.00 4,800.00 400,000.00 06/27/23 06/30/23 US TREASURY NOTES
DTD 12/31/2020 0.375% 12/31/2025
91282CBC4 0.00 5,296.88 5,296.88 2,825,000.00 06/30/23 06/30/23 US TREASURY NOTES
DTD 12/31/2019 1.750% 12/31/2024
912828YY0 0.00 3,500.00 3,500.00 400,000.00 06/30/23 06/30/23 US TREASURY NOTES
DTD 06/30/2020 0.250% 06/30/2025
912828ZW3 0.00 187.50 187.50 150,000.00 06/30/23
44,719.35 44,719.35 0.00 10,217,665.42 Transaction Type Sub-Total

PAYDOWNS
06/15/23 HART 2021-A A3
DTD 04/28/2021 0.380% 09/15/2025
44933LAC7 4,154.13 0.00 4,154.13 0.44 0.00 4,154.13 06/15/23 06/15/23 NAROT 2021-A A3
DTD 06/23/2021 0.330% 10/15/2025
65480BAC1 17,079.42 0.00 17,079.42 0.29 0.00 17,079.42 06/15/23 06/15/23 TAOT 2021-B A3
DTD 06/14/2021 0.260% 11/17/2025
89190GAC1 17,850.63 0.00 17,850.63 1.92 0.00 17,850.63 06/15/23 06/15/23 CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
14314QAC8 5,384.04 0.00 5,384.04 1.16 0.00 5,384.04 06/15/23 06/20/23 GMALT 2021-1 A4
DTD 02/24/2021 0.330% 02/20/2025
36261RAD0 33,967.32 0.00 33,967.32 5.12 0.00 33,967.32 06/20/23

0.00 0.00 8.93 78,435.54 78,435.54 78,435.54 Transaction Type Sub-Total SELL

Page 29 ends

For the Month Ending June 30, 2023Managed Account Security Transactions & Interest

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Transaction Type
Trade CUSIPSecurity DescriptionSettle Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method
SELL
06/06/23 US TREASURY N/B NOTES
DTD 01/31/2022 0.875% 01/31/2024
91282CDV0 801,764.65 2,512.60 804,277.25 8,217.78 (3,400.79) FIFO 825,000.00 06/02/23 06/14/23 US TREASURY N/B NOTES
DTD 01/31/2022 0.875% 01/31/2024
91282CDV0 194,570.31 647.79 195,218.10 2,195.31 (782.26) FIFO 200,000.00 06/07/23 06/13/23 US TREASURY NOTES
DTD 06/30/2020 0.250% 06/30/2025
912828ZW3 413,578.13 509.67 414,087.80 (30,076.17) (33,415.80) FIFO 450,000.00 06/08/23 06/13/23 US TREASURY NOTES
DTD 06/30/2020 0.250% 06/30/2025
912828ZW3 91,906.25 113.26 92,019.51 (6,156.25) (7,156.94) FIFO 100,000.00 06/08/23 06/15/23 US TREASURY NOTES
DTD 12/31/2019 1.750% 12/31/2024
912828YY0 95,531.25 802.49 96,333.74 (11,351.56) (6,888.66) FIFO 100,000.00 06/08/23 06/16/23 US TREASURY N/B NOTES
DTD 01/31/2022 0.875% 01/31/2024
91282CDV0 48,656.25 164.36 48,820.61 562.50 (191.95) FIFO 50,000.00 06/15/23 06/28/23 US TREASURY N/B NOTES
DTD 01/31/2022 0.875% 01/31/2024
91282CDV0 341,044.92 1,252.07 342,296.99 4,388.67 (1,314.99) FIFO 350,000.00 06/21/23 6,002.24 (53,151.39)(32,219.72) 1,993,054.00 1,987,051.76 2,075,000.00 Transaction Type Sub-Total 41,777.42 42,230.29 84,007.71 (32,210.79) (53,151.39)Managed Account Sub-Total Total Security Transactions ($32,210.79)$84,007.71 $42,230.29 $41,777.42 ($53,151.39)

Page 30 ends

For the Month Ending June 30, 2023Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
19,445.64 Opening Balance
06/01/23 06/01/23 Purchase - Interest 46647PCH7 1.00 1,297.80 20,743.44 06/05/23 06/05/23 Purchase - Interest 023135BQ8 1.00 1,900.00 22,643.44 06/05/23 06/05/23 Purchase - Interest 3137EAFA2 1.00 375.00 23,018.44 06/06/23 06/06/23 Purchase - Interest 06051GKE8 1.00 1,721.25 24,739.69 06/06/23 06/06/23 Purchase - Principal 91282CDV0 1.00 801,764.65 826,504.34 06/06/23 06/06/23 Purchase - Interest 91282CDV0 1.00 2,512.60 829,016.94 06/06/23 06/06/23 Redemption - Interest 91282CFB2 1.00 (7,896.75) 821,120.19 06/06/23 06/06/23 Redemption - Principal 91282CFB2 1.00 (786,779.30) 34,340.89 06/09/23 06/09/23 Purchase - Interest 63254ABD9 1.00 4,375.00 38,715.89 06/09/23 06/09/23 Purchase - Interest 63254ABE7 1.00 9,762.50 48,478.39 06/13/23 06/13/23 Purchase - Interest 912828ZW3 1.00 622.93 49,101.32 06/13/23 06/13/23 Purchase - Principal 912828ZW3 1.00 505,484.38 554,585.70 06/13/23 06/13/23 Redemption - Principal 3137F1G44 1.00 (527,033.20) 27,552.50 06/13/23 06/13/23 Redemption - Interest 3137F1G44 1.00 (594.55) 26,957.95 06/14/23 06/14/23 Purchase - Interest 91282CDV0 1.00 647.79 27,605.74 06/14/23 06/14/23 Purchase - Principal 91282CDV0 1.00 194,570.31 222,176.05 06/14/23 06/14/23 Redemption - Principal 02582JJZ4 1.00 (189,983.15) 32,192.90 06/15/23 06/15/23 Purchase - Interest 63743HFE7 1.00 862.50 33,055.40 06/15/23 06/15/23 Purchase - Interest 891940AC2 1.00 945.29 34,000.69 06/15/23 06/15/23 Purchase - Interest 89190GAC1 1.00 52.53 34,053.22 06/15/23 06/15/23 Purchase - Interest 65480JAC4 1.00 520.33 34,573.55

Page 31 ends

For the Month Ending June 30, 2023Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
06/15/23 06/15/23 Purchase - Interest 65480BAC1 1.00 65.88 34,639.43 06/15/23 06/15/23 Purchase - Interest 44935FAD6 1.00 49.33 34,688.76 06/15/23 06/15/23 Purchase - Interest 44933LAC7 1.00 15.37 34,704.13 06/15/23 06/15/23 Purchase - Interest 41285JAD0 1.00 715.42 35,419.55 06/15/23 06/15/23 Purchase - Interest 344928AD8 1.00 503.75 35,923.30 06/15/23 06/15/23 Purchase - Interest 254683CY9 1.00 1,149.33 37,072.63 06/15/23 06/15/23 Purchase - Interest 254683CP8 1.00 94.25 37,166.88 06/15/23 06/15/23 Purchase - Interest 14318MAD1 1.00 694.75 37,861.63 06/15/23 06/15/23 Purchase - Interest 14314QAC8 1.00 33.86 37,895.49 06/15/23 06/15/23 Purchase - Interest 14041NGB1 1.00 1,010.63 38,906.12 06/15/23 06/15/23 Purchase - Principal 912828YY0 1.00 95,531.25 134,437.37 06/15/23 06/15/23 Purchase - Interest 912828YY0 1.00 802.49 135,239.86 06/15/23 06/15/23 Purchase - Principal 14314QAC8 1.00 5,384.04 140,623.90 06/15/23 06/15/23 Purchase - Principal 44933LAC7 1.00 4,154.13 144,778.03 06/15/23 06/15/23 Purchase - Principal 65480BAC1 1.00 17,079.42 161,857.45 06/15/23 06/15/23 Purchase - Principal 89190GAC1 1.00 17,850.63 179,708.08 06/16/23 06/16/23 Purchase - Interest 362554AC1 1.00 48.17 179,756.25 06/16/23 06/16/23 Purchase - Interest 36265QAD8 1.00 1,104.58 180,860.83 06/16/23 06/16/23 Purchase - Interest 91282CDV0 1.00 164.36 181,025.19 06/16/23 06/16/23 Purchase - Principal 91282CDV0 1.00 48,656.25 229,681.44 06/16/23 06/16/23 Redemption - Principal 05522RDG0 1.00 (169,961.51) 59,719.93 06/20/23 06/20/23 Purchase - Interest 36261RAD0 1.00 9.34 59,729.27

Page 32 ends

For the Month Ending June 30, 2023Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
06/20/23 06/20/23 Purchase - Interest 380144AD7 1.00 11.96 59,741.23 06/20/23 06/20/23 Purchase - Principal 36261RAD0 1.00 33,967.32 93,708.55 06/21/23 06/21/23 Purchase - Interest 43815GAC3 1.00 73.33 93,781.88 06/23/23 06/23/23 IP Fees May 2023 1.00 (3,958.65) 89,823.23 06/23/23 06/23/23 U.S. Bank Fees April 2023 1.00 (229.62) 89,593.61 06/26/23 06/26/23 Purchase - Interest 3137BGK24 1.00 637.92 90,231.53 06/26/23 06/26/23 Purchase - Interest 3137BNGT5 1.00 629.06 90,860.59 06/26/23 06/26/23 Purchase - Interest 3137BSP72 1.00 1,215.96 92,076.55 06/26/23 06/26/23 Purchase - Interest 3137BTUM1 1.00 1,059.88 93,136.43 06/27/23 06/27/23 Purchase - Interest 02665WCZ2 1.00 4,800.00 97,936.43 06/28/23 06/28/23 Purchase - Interest 91282CDV0 1.00 1,252.07 99,188.50 06/28/23 06/28/23 Purchase - Principal 91282CDV0 1.00 341,044.92 440,233.42 06/28/23 06/28/23 Redemption - Principal 254683CZ6 1.00 (349,952.72) 90,280.70 06/30/23 06/30/23 Purchase - Interest 912828YY0 1.00 3,500.00 93,780.70 06/30/23 06/30/23 Purchase - Interest 912828ZW3 1.00 187.50 93,968.20 06/30/23 06/30/23 Purchase - Interest 91282CBC4 1.00 5,296.88 99,265.08 06/30/23 07/03/23 Accrual Income Div Reinvestment - Distributions 1.00 273.70 99,538.78

Page 33 ends

For the Month Ending June 30, 2023Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate 99,538.78
99,538.78
99,538.78
63,396.44
24,175.15

0.00 (27,421,928.81)
27,474,597.18
46,870.41
273.70
99,538.78

0.00 (2,036,389.45)
2,116,482.59
19,445.64
Monthly Distribution Yield
Average Monthly Balance
Closing Balance
Fiscal YTDMonth of
Cash Dividends and Income
Closing Balance
Check Disbursements
Redemptions (Excl. Checks)
Purchases
Opening Balance
Closing Balance
June January-June

5.24%

Page 34 ends

Page 1 of 1 ends

REPORT TO SUCCESSOR AGENCY
To: Honorable Chair and Members of the Successor Agency From: Jason Simpson, Executive Director
Prepared by: Candice Alvarez, MMC, Secretary
Date: July 25, 2023
Subject: Minutes of the Regular Successor Agency Meeting of July 11, 2023 Recommendation
Approve the Minutes.

Attachments
Attachment 1- Draft Minutes

City of Lake Elsinore
City Council Meeting
Minutes – Final

Natasha Johnson, Mayor
Steve Manos, Mayor Pro Tem
Brian Tisdale, Council Member
Timothy J. Sheridan, Council Member
Robert E. Magee, Council Member
Jason Simpson, City Manager
Meeting Date:

July 11, 2023

Closed Session: NONE
Public Session: 7:00 PM

Cultural Center
183 N. Main Street
Lake Elsinore, CA 92530

CALL TO ORDER - 7:00 P.M.

The Regular Meeting of the City Council was called to order at 7:00 p.m.

PLEDGE OF ALLEGIANCE

Mayor Johnson led the Pledge of Allegiance.

MOMENT OF SILENCE

ROLL CALL

Present: 5 - Council/Agency Members Tisdale, Sheridan and Magee; Mayor Pro Tem/Vice Chair Manos; and Mayor/Chair Johnson

Absent: 0 - None

PRESENTATIONS/CEREMONIALS

1) Riverside County Sheriff's Office 2023 Second Quarter Statistical Update

Captain Rayls presented the update.

City Council Minutes - Final July 11, 2023

City of Lake Elsinore Page 2 :

PUBLIC COMMENTS - NON-AGENDIZED ITEMS - ONE MINUTE

Doug Norfolk was called to speak.

Karen Spiegel was called to speak.

Ace Vallejos was called to speak.

CITY COUNCIL CONSENT CALENDAR

Motion by Council Member Sheridan, second by Mayor Pro Tem Manos to approve the City Council Consent Calendar. The motion carried by the following vote:

Aye: 5 Council Members Tisdale, Sheridan and Magee; Mayor Pro Tem Manos; and Mayor Johnson
Nay: 0 None

2) Minutes of the Regular City Council Meeting of June 27, 2023

Approve the Minutes.

This item was approved on the City Council Consent Calendar.

3) CC Warrant Report Dated Jun 09, 2023, to Jun 15, 2023

Receive and File.

This item was approved on the City Council Consent Calendar.

4) Adoption of the Fiscal Year 2023-24 Gann Limit

Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ESTABLISHING THE APPROPRIATIONS GANN LIMIT FOR FY 2023-24 AND SELECTING THE POPULATION AND INFLATION FACTOR ACCORDINGLY.

This item was approved on the City Council Consent Calendar.

5) Attorney Representation Agreement with Atkinson, Andelson, Loya, Rudd & Romo

Approve and authorize the City Manager to execute an agreement with Atkinson, Andelson, Loya, Rudd & Romo to provide special counsel legal services relating to public employment matters on an as-needed basis in substantially the form attached and in such final form as approved by the City Attorney.

This item was approved on the City Council Consent Calendar.

City Council Minutes - Final July 11, 2023

City of Lake Elsinore Page 3 :

6) Appointment to the Planning Commission

Appoint Myles Ross to serve on the Lake Elsinore Planning Commission for a partial term expiring December 31, 2024.

This item was removed from the City Council Consent Calendar for discussion.

7) Fiscal Year 2023-24 Special Taxes for Community Facilities Districts and Assessment District No. 2021-1 (Canyon Hills)

1. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE

ELSINORE, CALIFORNIA, ORDERING THE LEVY AND COLLECTION OF

SPECIAL TAXES WITHIN COMMUNITY FACILITIES DISTRICTS FOR FISCAL YEAR 2023-24; and

2. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE

ELSINORE, CALIFORNIA, ORDERING THE LEVY AND COLLECTION OF ASSESSMENTS WITHIN REASSESSMENT DISTRICT NO. 2021-1 (CANYON HILLS) FOR FISCAL YEAR 2023-24.

This item was approved on the City Council Consent Calendar.

8) Community Development Block Grant (CDBG) Joint Recipient Cooperative Agreement for Federal Fiscal Years 2024, 2025, and 2026

1. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE

ELSINORE, CALIFORNIA, AUTHORIZING PARTICIPATION IN THE COUNTY OF RIVERSIDE’S URBAN COUNTY PROGRAM FOR FISCAL YEARS 2024, 2025, AND 2026; and

2. Approve and authorize the Mayor to execute the revised Joint Recipient Cooperation Agreement with the County of Riverside, allowing the City to participate in the Urban County Consolidated Planning Programs.

This item was approved on the City Council Consent Calendar.

9) 2023-24 Angler Chronicles - Marketing and Media Services Agreement

Approve and authorize the City Manager to execute a Professional Services Agreement with Angler Chronicles for Marketing and Media services in an amount not to exceed $32,000.00 in such final form as approved by the City Attorney.

This item was approved on the City Council Consent Calendar.

10) TR 38116 Lakeside Haul Route

Approve a request for the haul route including hours of operation for Tract No. 38116 Lakeside residential project; and authorize the Mayor and City Manager to execute the haul route construction agreement.

This item was removed from the City Council Consent Calendar for discussion.

City Council Minutes - Final July 11, 2023

City of Lake Elsinore Page 4 :

11) Public Works Construction Agreements with Endresen Development, LLC and Unique Builders of California, LLC for the City Emergency Operation Center (EOC) Building Project, CIP Project #Z20036

1. Approve and authorize the City Manager to execute an agreement with Endresen Development, LLC in an amount not to exceed $61,465.00 in such final form as approved by the City Attorney and authorize the City Manager to execute change orders not to exceed a 10% contingency amount of $6,147.00 for construction uncertainties and adjustments; and

2. Approve and authorize the City Manager to execute an agreement with Unique Builders of California, LLC in an amount not to exceed $166,669.00 in such final form as approved by the City Attorney and authorize the City Manager to execute change orders not to exceed a 10% contingency amount of $16,666.90 for construction uncertainties and adjustments.

This item was approved on the City Council Consent Calendar.

12) Construction Agreement to NPG, Inc. for the City-Wide Annual Asphalt Maintenance and Repair, New Installation Program, and On-Call Emergency Construction Services, Project No. Z10002

Approve and authorize the City Manager to execute a Construction Agreement with NPG, Inc. for City-Wide Annual Asphalt Maintenance and Repair, New Installation Program, and On-Call Emergency Construction Services in an amount not to exceed $2,000,000.00 in such final form as approved by the City Attorney and authorize the City Manager to execute change orders not to exceed a 10% contingency amount of $200,000.00 for construction uncertainties and adjustments.

This item was approved on the City Council Consent Calendar.

13) Amendment No. 2 to the Agreement for Contractor Services with RP Landscape & Irrigation, Inc. for Citywide Park Maintenance Services

Approve and authorize the City Manager to execute Amendment No. 2 to the Agreement with RP Landscape & Irrigation, Inc. for Citywide Park Maintenance Services to increase compensation by an additional $98,500.00 for a total amount not to exceed $1,047,542.00 per Fiscal Year in such final form as approved by the City Attorney.

This item was approved on the City Council Consent Calendar.

14) Agreement with Prudential Overall Supply for Employee Uniforms, Shop Towel Services, and Logo Mat Services

Approve and authorize the City Manager to execute an Agreement with Prudential Overall Supply for Employee Uniforms, Shop Towel Services, and Logo Mat Services for an amount not to exceed $21,000 per Fiscal Year for a term of two years in such final form approved by the City Attorney and authorize the City Manager to execute change orders not to exceed a 10% contingency of $2,100.00 for unanticipated costs.

This item was approved on the City Council Consent Calendar.

City Council Minutes - Final July 11, 2023

City of Lake Elsinore Page 5 :

ITEMS REMOVED FROM THE CITY CONSENT AGENDA FOR DISCUSSION

6) Appointment to the Planning Commission

Appoint Myles Ross to serve on the Lake Elsinore Planning Commission for a partial term expiring December 31, 2024.

Ace Vallejos was called to speak.

Motion by Mayor Pro Tem Manos, second by Council Member Magee to approve the appointment. The motion carried by the following vote:

Aye: 5 Council Members Tisdale, Sheridan and Magee; Mayor Pro Tem Manos; and Mayor Johnson
Nay: 0 None

10) TR 38116 Lakeside Haul Route

City Engineer Habib presented a staff report.

Gigi Collins was called to speak.

Elin Fick was called to speak.

Motion by Council Member Tisdale, second by Council Member Magee to approve staff’s recommendation. The motion carried by the following vote:

Aye: 5 Council Members Tisdale, Sheridan and Magee; Mayor Pro Tem Manos; and Mayor Johnson
Nay: 0 None

SUCCESSOR AGENCY CONSENT CALENDAR

Motion by Mayor Pro Tem Manos, second by Council Member Tisdale to approve the Successor Agency Consent Calendar. The motion carried by the following vote:

Aye: 5 Mayor Johnson, Mayor Pro Tem Manos, Council Member Tisdale, Council Member Sheridan, Council Member Magee
Nay: 0 None

15) Minutes of the Regular Successor Agency Meeting of June 27, 2023

Approve the Minutes.

This item was approved on the Successor Agency Consent Calendar.

City Council Minutes - Final July 11, 2023

City of Lake Elsinore Page 6 :

16) SA Warrant Report Dated Jun 09, 2023, to Jun 15, 2023

Receive and File.

This item was approved on the Successor Agency Consent Calendar.

17) Resolution Confirming Fiscal Year 2023-24 Special Taxes for Community Facilities District No. 90-2 (Tuscany Hills Public Improvements)

Adopt A RESOLUTION OF THE SUCCESSOR AGENCY OF THE REDEVELOPMENT

AGENCY OF THE CITY OF LAKE ELSINORE, CALIFORNIA, REQUESTING THE TAX

COLLECTOR OF THE COUNTY OF RIVERSIDE TO PLACE SPECIAL TAXES ON PROPERTIES WITHIN COMMUNITY FACILITIES DISTRICT NO. 90-2 FOR FISCAL YEAR 2023-24.

This item was approved on the Successor Agency Consent Calendar.

PUBLIC HEARINGS

18) Citywide Landscaping and Street Lighting District and the Landscaping and Street Lighting Maintenance District No. 1 for Fiscal Year 2023-24

1. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE

ELSINORE, CALIFORNIA, CONFIRMING A DIAGRAM AND ASSESSMENT AND

PROVIDING FOR ANNUAL ASSESSMENT LEVY AFTER FORMATION OF A DISTRICT FOR FISCAL YEAR 2023-24 FOR THE CITYWIDE LANDSCAPE AND LIGHTING MAINTENANCE DISTRICT (LLMD); and

2. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE

ELSINORE, CALIFORNIA, CONFIRMING A DIAGRAM AND ASSESSMENT AND

PROVIDING FOR AN ANNUAL ASSESSMENT LEVY AFTER FORMATION OF A DISTRICT FOR FISCAL YEAR 2023-24 FOR THE LANDSCAPE AND LIGHTING MAINTENANCE DISTRICT NO. 1.

The Public Hearing was opened at 7:40 p.m.

There were no speakers.

The Public Hearing was closed at 7:41 p.m.

A motion was made by Mayor Pro Tem Manos, seconded by Council Member Magee to adopt the Resolutions. The motion carried by the following vote:

Aye: 5 Council Members Tisdale, Sheridan and Magee; Mayor Pro Tem Manos; and Mayor Johnson
Nay: 0 None

City Council Minutes - Final July 11, 2023

City of Lake Elsinore Page 7 :

19) Approve Placing Delinquent Weed Abatement Charges on the Tax Roll

Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,

CALIFORNIA, CONFIRMING AN ITEMIZED WRITTEN REPORT SHOWING COST OF

WEED ABATEMENT, CONFIRMING THE ITEMIZED WRITTEN REPORT FOR EACH SEPARATE PARCEL OF LAND REQUIRED BY SECTION 39574 OF THE

GOVERNMENT CODE OF THE STATE OF CALIFORNIA, AND PROVIDING THAT

THE COSTS THEREOF ON EACH PARCEL OF LAND SHALL CONSTITUTE A

SPECIAL ASSESSMENT LIEN AGAINST SAID PARCELS OF LAND PURSUANT TO SECTION 39574 OF THE GOVERNMENT CODE OF THE STATE OF CALIFORNIA,

AND PROVIDING FOR THE FILING OF SAID ASSESSMENTS AS PROVIDED IN SAID GOVERNMENT CODE.

The Public Hearing was opened at 7:42 p.m.

Shane Spicer presented the staff report.

There were no speakers.

The Public Hearing was closed at 7:44 p.m.

A motion was made by Council Member Tisdale, seconded by Council Member Magee to adopt the Resolution. The motion carried by the following vote:

Aye: 5 Mayor Johnson, Mayor Pro Tem Manos, Council Member Tisdale, Council Member Sheridan, Council Member Magee
Nay: 0 None

20) Approve Placing Delinquent Refuse Bills on the FY 2023-2024 Tax Roll

Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,

CALIFORNIA, FOR DELINQUENT RESIDENTIAL REFUSE FEES AND DIRECT STAFF

TO PLACE SPECIAL ASSESSMENTS AGAINST THE PROPERTIES LISTED IN THE ITEMIZED REPORT ON FILE WITH THE CITY CLERK'S OFFICE.

The Public Hearing was opened at 7:45 p.m.

City Engineer Habib presented the staff report.

Mehrdad Saidi was called to speak.

The Public Hearing was closed at 8:06 p.m.

A motion was made by Mayor Johnson, seconded by Council Member Tisdale to adopt a Resolution The motion carried by the following vote:

Aye: 5 Mayor Johnson, Mayor Pro Tem Manos, Council Member Tisdale, Council Member Sheridan, Council Member Magee
Nay: 0 None

City Council Minutes - Final July 11, 2023

City of Lake Elsinore Page 8 :

BUSINESS ITEM

21) Issuance of City of Lake Elsinore Community Facilities District No. 2006-8 (Running Deer Estates) Special Tax Bonds, Series 2023 in a Principal Amount Not to Exceed Five Million Dollars ($5,000,000) and Approving Certain Documents and Taking Certain Other Actions in Connection Therewith

Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,

CALIFORNIA, ACTING AS THE LEGISLATIVE BODY OF CITY OF LAKE ELSINORE COMMUNITY FACILITIES DISTRICT NO. 2006-8 (RUNNING DEER ESTATES) AUTHORIZING THE ISSUANCE OF ITS SPECIAL TAX BONDS, SERIES 2023 IN A PRINCIPAL AMOUNT NOT TO EXCEED $5,000,000 MILLION DOLLARS ($5,000,000)

AND APPROVING CERTAIN DOCUMENTS AND TAKING CERTAIN OTHER

ACTIONS IN CONNECTION THEREWITH

There were no speakers.

A motion was made by Council Member Tisdale, seconded by Mayor Pro Tem Manos to adopt the Resolution. The motion carried by the following vote:

Aye: 5 Mayor Johnson, Mayor Pro Tem Manos, Council Member Tisdale, Council Member Sheridan, Council Member Magee
Nay: 0 None

PUBLIC COMMENTS - NON-AGENDIZED ITEMS - THREE MINUTES

Gigi Collins was called to speak.

Kim Ryan was called to speak.

CITY MANAGER'S COMMENTS

City Manager Simpson noted that a list of grants that the City has applied for will be shared with the public.

CITY ATTORNEY COMMENTS

City Attorney Leibold had no comments.

CITY COUNCIL COMMENTS/REPORTS ON MEETINGS ATTENDED

Council Member Tisdale spoke on fire safety and emergency preparedness; advised that a West Nile mosquito sample was found in the City of Norco.

Council Member Sheridan reported on his attendance at the Riverside Transit Agency Transportation Now meeting on June 28, 2023; invited the community to attend the LE Classic Car Show on September 1, 2023 from 6:00 – 9:00 p.m. in Downtown; and congratulated Lake Elsinore Little League’s Junior League team on their Sectional Tournament win on Sunday, July 9, 2023.

Council Member Magee spoke on the FORE the Animals Golf Tournament on Monday, July 10, 2023 at Bear Creek Golf Club.

City Council Minutes - Final July 11, 2023

City of Lake Elsinore Page 9 :

Mayor Pro Tem Manos reported on his attendance at the Southern California Association of Governments Regional Council and Transportation Committee meetings on July 6, 2023; and invited the community to attend Taco Fest on August 19, 2023 from 5:00 – 9:30 p.m. in Downtown.

Mayor Johnson reported on her attendance at the Western Riverside County Regional Conservation Authority meeting on July 10, 2023; congratulated Deputy Trevor Downs, Investigator Steven Leone, Corporal Diana Mendoza, and Explorer Valeria Khouri on receiving awards at the Riverside County Sheriff’s Office Annual Awards Ceremony; shared her attendance at the Western Riverside Council of Governments General Assembly and Leadership Address which was held on June 29, 2023; shared her attendance at the Salute the Elected event on June 30, 2023; and invited the community to attend the remaining Live at the Lakefront events on July 13, 20, and 27, 2023 at Launch Pointe.

ADJOURNMENT

The Lake Elsinore City Council adjourned at 8:26 p.m. to the next Regular meeting of Tuesday, July 25, 2023 in the Cultural Center located at 183 N. Main Street. Closed Session will commence at 5:00 p.m. or such later time as noticed on the Agenda, and the regular Open Session business meeting will commence at 7:00 p.m.

Page 1 of 2 ends

REPORT TO CITY COUNCIL
To: Honorable Mayor and Members of the City Council
From: Jason Simpson, City Manager
Prepared by: Shannon Buckley, Assistant City Manager
Date: July 25, 2023
Subject: Approve Placing Delinquent Nuisance Abatement Charges on the Tax Roll Recommendation
Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,

CALIFORNIA, ORDERING CONFIRMATION OF THE SPECIAL ASSESSMENTS AGAINST

PARCELS OF LAND WITHIN THE PUBLIC NUISANCE ABATEMENT COSTS FOR THE FISCAL YEAR 2023-24.

Background
The City of Lake Elsinore administers nuisance abatement activities in accordance with Chapter

8.18 of the Lake Elsinore Municipal Code. The City strives to obtain voluntary compliance by property owners to remedy public nuisance violations; but when violations persist, the City’s enforcement actions escalate to obtain abatement warrants allowing the City to abate the public nuisances directly. When City abatement actions are required, the City bills the owners of these parcels to recover the abatement costs, plus incidental expenses. If the owners do not respond to the billing request, the City must place a lien on the property to recover its costs. Staff requests Council approval of a Resolution to allow the City to accomplish the foregoing for Fiscal Year 2023-24. If approved, staff will record a Notice of Lien against the properties, provide notice to the property owners, and forward the adopted Resolution and Notice of Lien to the Riverside County Treasurer-Tax Collector to add the delinquent unpaid assessments to the next regular tax bills.

Discussion
As of July 25, 2023, there are four parcels with an outstanding amount totaling $16,862.10 associated with the cost of nuisance abatement. Due to these delinquent accounts, staff requests consideration for the outstanding charges to be placed on the property tax roll. Following the procedures set forth in Section 8.18.130 of the Lake Elsinore Municipal Code and applicable state law, these costs will be submitted to the County Tax Assessor’s Office for reimbursement if Delinquent Nuisance Abatement

Page 2 of 2 ends

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2 approved. A list of delinquent properties abated by the City is included as Exhibit A to the Resolution.

Fiscal Impact
Other than staff time, all costs associated with the abatement of these delinquent properties will be placed on the property tax rolls for payment.

Attachments
Attachment 1- Resolution for Nuisance Abatement
Exhibit A - FY 2023-24 Nuisance Abatement Roll
Attachment 2 - NOPH Nuisance Abatement
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9 RESOLUTION NO. 2023 –

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,

CALIFORNIA, ORDERING CONFIRMATION OF THE SPECIAL ASSESSMENTS

AGAINST PARCELS OF LAND WITHIN THE PUBLIC NUISANCE ABATEMENT COSTS FOR THE FISCAL YEAR 2023-24
Whereas, the City of Lake Elsinore Municipal Code (LEMC) Section 8.18.130 provides for the recovery of Public Nuisance Abatement costs; and,
Whereas, costs for abatement of unlawful acts and public nuisances have been expended by the City of Lake Elsinore for each of the parcels as described in the attached list of parcels (Exhibit “A”), at a cost equal to the costs of abatement including administrative expenses for each parcel; and,
Whereas, a Public Hearing was held by the City Council on July 25, 2023, duly noticed in accordance with the requirements of Government Code Section 38773.5 and the LEMC, concerning the Public Nuisance Abatement costs of these parcels at which time the City Council (Council) heard all objections of property owners liable to be assessed for the costs of abatement.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS:

Section 1: Recitals. That the above recitals are all true and correct Section 2: Approval of liens against parcels. That the list of parcels and costs of Public Nuisance Abatement for each parcel is hereby reconfirmed and a Notice of Lien shall be recorded against the parcels such that said costs shall constitute special assessments against the respective parcels of land and are a lien of said land in the amount of the respective assessments.

Section 3: Transmittal to County. Upon notice to the property owners in accordance with Government Code Section 38773.5 and LEMC Section 8.18.130 and confirmation of the recordation of the Notice of Lien, a copy of this Resolution and the Notice of Lien shall be transmitted to the Riverside County Treasurer-Tax Collector who shall enter the amounts of the respective assessments against the respective parcels of land as they appear in the current assessment roll, and shall collect said assessments at the same time in the same manner as ordinary municipal ad valorem taxes as provided in Section 39577 of the Government Code.

Section 4: Discharge of liens upon payment. That the costs against any parcel of land listed in Exhibit “A” assessed by this Resolution and the lien created thereby shall be deemed discharged and released upon the payment for said parcel of the property taxes for the tax year above-noted.

Section 5: Severability. That the Council declares that, should any provision, section, paragraph, sentence or word of this Resolution be rendered or declared invalid by any final court action in a court of competent jurisdiction or by reason of any preemptive legislation, the remaining provisions, sections, paragraphs, sentences or words of this Resolution as hereby adopted shall remain in full force and effect.

Section 6: Effective Date. That this Resolution shall take effect upon its adoption. 3 1
6 2
9 Section 7. Certification. That the City Clerk shall certify as to the adoption of this Resolution and enter it into the book of original Resolutions.

Passed and Adopted on this 25th day of July, 2023.

Natasha Johnson
Mayor
Attest:

Candice Alvarez, MMC
City Clerk

STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.

CITY OF LAKE ELSINORE )
I, Candice Alvarez, MMC, City Clerk of the City of Lake Elsinore, California, do hereby certify that Resolution No. 2023-__was adopted by the City Council of the City of Lake Elsinore, California, at the regular meeting of July 25, 2023, and that the same was adopted by the following vote:

AYES:

NOES:

ABSENT:

ABSTAIN:

Candice Alvarez, MMC
City Clerk
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9 EXHIBIT B: NUISANCE ABATEMENT
68-2371 - Nuisance Abatement
Fiscal Year 2023-24
APN Levy APN Levy APN Levy
346-110-011 $6,142.04 387-121-032 $1,548.04 379-192-013 $400.00 379-292-033 $8,772.02
Totals Parcels 4 Levy $16,862.10
Assessment Roll

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NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN that the City Council of the City of Lake Elsinore will conduct a Public Hearing to advise the City of Lake Elsinore residents of potential special assessments for their failure to pay any Public Nuisance Abatement costs associated with properties located in the City.

After the Public Hearing, a special assessment for the Public Nuisance Abatement costs may be imposed on the appropriate properties on the County Tax Rolls.

NOTICE IS HEREBY FURTHER GIVEN that the City Council has fixed 7:00 p.m., or as soon thereafter as practicable, Tuesday, July 25, 2023, in the City Council Chambers located at 183 N Main St., Lake Elsinore, California 92530, as the time and place when and where the City Council will conduct a Public Hearing on the Public Nuisance Abatement costs.

ALL INTERESTED PERSONS are hereby invited to attend this Public Hearing to present written information, express opinions or otherwise present evidence in the above matters. If you wish to legally challenge any action taken by the City on the above matter, you may be limited to raising only those issues you or someone else at the Public Hearing described in this notice, or in written correspondence delivered to the City prior to or at the Public Hearing. If you require accommodation to participate in a Public Hearing, please contact the City Clerk’s office at (951) 674-3124 ext. 262. All Agenda materials are available for review at City Hall the Friday before the Public Hearing.

FURTHER INFORMATION on this item may be obtained by contacting Candice Alvarez, MMC, City Clerk at (951) 674-3124 ext. 262.

Dated: July 12, 2023
______________________
Candice Alvarez, MMC
City Clerk
Posted at City Hall on July 12, 2023
Published in the Press Enterprise on July 12, 2023

Lake Elsinore City CouncilJuly 25, 2023

Lake Elsinore City Council
July 25, 2023