Agenda packet — Lake Elsinore City Council, December 9, 2025 (part 1 of 5)

City of Lake Elsinore
City Council Meeting
Agenda – Final

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

December 09, 2025

Closed Session: 5:00 PM
Public Session: 7:00 PM

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

The City of Lake Elsinore appreciates your attendance. Citizens’ comments, input and interests provide the City Council with valuable information regarding issues of the community.

Meeting Information
Meetings are held on the 2nd and 4th Tuesday of every month, and the agenda is posted 72 hours prior to each meeting outside of City Hall. The agenda and related reports are also available on the City’s website at www.Lake-Elsinore.org. Meetings are conducted in person, televised live on Spectrum Cable Station Channel 29 and Frontier Cable Channel 31, and streamed online at http://www.lake- elsinore.org/city-government/city-council/webcast-videos. If you are attending the meeting in person, please park in the parking lot across the street from the Cultural Center to assist us in limiting the impact of meetings on the Downtown Business District. Thank you for your cooperation.

Public Comments – Addressing the City Council
Any person wishing to address the City Council on items not included on the Agenda may do so during Public Comments for 1 minute at the beginning of the meeting or during Public Comments for 3 minutes at the end of the meeting. We respectfully ask those interested in addressing the City Council to either submit a request to speak online at http://www.lake-elsinore.org/city-government/agendas- and-minutes or complete and present a “Request to Speak” form to the City Clerk at the meeting. This Form is available on the table located inside the Council Chamber. Members of the public may also provide comments on Agenda items by noting the item on the “Request to Speak” form and will be called to address the City Council when the item is considered by the City Council during the meeting.

Written Communications
If you would like to submit written public comments, you may do so prior to the meeting either by entering them online at the link above or emailing them to the City Clerk at calvarez@lake- elsinore.org. Any written communications or additional documents distributed to the City Council within 72 hours of the meeting will also be made available to the public in accordance with Government Code Section 54957.5.

Accessibility Accommodations
In compliance with the Americans with Disabilities Act, any person with a disability who requires a modification or accommodation in order to participate in a meeting should contact the City Clerk’s Department at (951) 674 -3124, Option 6, at least 48 hours before the meeting to make reasonable arrangements to ensure accessibility

City Council Agenda - Final December 09, 2025

City of Lake Elsinore Page 2

Dream Extreme 2040 is the City’s FIRST long -term strategic plan to assist the City in its pursuit of achieving its vision. The plan is a living document that will be updated regularly and serve as the framework to guide all decision-making over the next 20 years by identifying key Anchors, Aspirations, and Strategies.

Our Vision is the City of Lake Elsinore will be the ultimate destination where all can live, work, play, build futures, and fulfill dreams.

The Anchors are the City of Lake Elsinore’s unique community assets and opportunities: The Lake, Downtown, and Action and Adventure.

• The Lake: Lake Elsinore is a vital community asset. Protecting, enhancing, and celebrating the Lake is critical to Lake Elsinore’s City and community health.

• Downtown: Enhancing and creating the highest quality downtown experience will serve to create a strong sense of place that will shape the City’s identity as a place where residents and visitors can live, work, and play.

• Action and Adventure: Lake Elsinore’s programs, facilities, and natural environment will define the City as a destination for action and adventure for both visitors and residents.

Our Aspirations are broad, long- term goals that encapsulate what we hope to achieve in Lake Elsinore’s future. The City has identified 4 key aspirations to work towards.

Items on the agenda that align with Aspirations from the Dream Extreme 2040 Plan are noted by the Aspiration’s icon to highlight City Council actions that help the City pursue its goals.

To read the plan and learn more about its implementation in the City, visit www.Lake-Elsinore.org/DreamExtreme2040.

City Council Agenda - Final December 09, 2025

City of Lake Elsinore Page 3

CALL TO ORDER

The regular meeting of the City Council will be called to order.

ROLL CALL

PUBLIC COMMENTS ON CLOSED SESSION ITEMS

CLOSED SESSION

A. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION
Paragraph (1) of subdivision (d) of Section 54956.9)
Name of case: DS & RS Investment LLC, et al. v. City of Lake Elsinore, et al.; Riverside Superior Court Case No. CVME2402627

B. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
(Gov’t Code Section 54956.8)
Property: APNs: 389-210-063, 389-210-067, 389-210-068, 389-220-001, 389-220-002 Agency negotiator: City Manager Simpson
Negotiating parties: City of Lake Elsinore and Mohr Affinity Under negotiation: Price and terms of payment

C. CONFERENCE WITH LABOR NEGOTIATOR
(Gov’t Code Section 54957.6)
City negotiator: City Manager Jason Simpson; Assistant City Manager Shannon Buckley; Special Counsel Nate Kowalski
Employee organization: Lake Elsinore Chapter of Laborers’ International Union of North America, Local 777

RECESS

The City Council will recess to Closed Session.

RECONVENE/CALL TO ORDER - 7:00 P.M.

The Regular Meeting of the City Council will reconvene and the Regular Meeting of the Successor Agency will be called to order.

PLEDGE OF ALLEGIANCE

ROLL CALL

CLOSED SESSION REPORT

PRESENTATIONS/CEREMONIALS

1) Recognition of 2025 Dream Extreme Future Leaders Participants

Recognize the participants of the 2025 Dream Extreme Future Leaders Program for their dedication, leadership, and successful completion of the program.

City Council Agenda - Final December 09, 2025

City of Lake Elsinore Page 4

2) Business in Action Monthly Spotlight – Lake Elsinore Honda

Recognize Lake Elsinore Honda as the City of Lake Elsinore’s Business in Action Monthly Spotlight for December 2025.

PUBLIC COMMENTS - NON-AGENDIZED ITEMS - 1 MINUTE

(Please read & complete a Request to Address the City Council/Successor Agency form prior to the start of the meeting and turn it in to the City Clerk/Clerk. The Mayor/Chair or City Clerk/Clerk will call on you to speak.)

CITY COUNCIL CONSENT CALENDAR

3) Minutes of the Regular City Council Meeting of November 18, 2025

Approve the Minutes.

4) CC Investment Report for October 2025

Receive and file the Investment Report for October 2025.

5) CC Warrant Report Dated November 03, 2025 to November 09, 2025

Receive and file.

6) CC Warrant Report Dated November 10, 2025 to November 16, 2025

Receive and file.

7) CC Warrant Report Dated November 17, 2025 to November 23, 2025

Receive and file.

8) CC Warrant Report Dated November 24, 2025 to November 30, 2025

Receive and file.

9) Second Reading of an Ordinance Approving Zone Change No. 2022-02 Changing the Zoning Designation from Commercial Park (C -P) and High Density Residential (HDR) to Commercial Manufacturing (C -M) for APN 371- 150-017 for Planning Application No. 2021-19 (Rome Hill Commercial Project)

Adopt by title only and waive further reading of AN ORDINANCE OF THE CITY

COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING ZONE CHANGE NO. 2022 -
02 CHANGING THE ZONING DESIGNATION FROM

COMMERCIAL PARK (C- P) AND HIGH DENSITY RESIDENTIAL (HDR) TO COMMERCIAL MANUFACTURING (C-M) FOR APN: 371-150-017.

City Council Agenda - Final December 09, 2025

City of Lake Elsinore Page 5

10) Community Development Block Grant (C.D.B.G.) Program for Fiscal Year 2026 - 2027 and Community Support Allocation for Fiscal Year 2025 - 2026

Adopt the Community Development Block Grant (CDBG) Program for Fiscal Year 2026-2027; approve the submittal of the City’s program to the County of Riverside and the allocation of Community Support Funds (CSF).

11) Donation of 2014 Quint No. 97 Fire Truck to the Riverside County Fire Department

Approve the donation of the 2014 Quint No. 97 Fire Truck to the Riverside County Fire Department.

12) Public Works Agreement with Monet Construction, Inc for Bid Set ‘A’ Concrete, Framing, Roofing, Exterior Doors, Windows, and Cement Plaster/brick, Bid Set ‘A’, on the City Library Project (CIP Project No. Z20003)

Approve and authorize the City Manager to execute a Public Works Construction Agreement with Monet Construction in an amount not to exceed $3,792,541.00 for the concrete, framing, roofing, exterior doors, widows and cement plaster/brick, Bid Set ‘A’, on the new City Library Project in such final form as approved by the City Attorney; authorize the City Manager to execute change orders not to exceed the 10% contingency amount of $379,254.00; and authorize the City Clerk to record the Notice of Completion once work is completed.

13) Amendment No. 3 to the Professional Services Agreement with Engineering Resources of Southern California Inc. (ERSC) for Civil Engineering Services for the New City Hall Project (CIP Project No. Z20006)

Approve and authorize the City Manager to execute Amendment No. 3 with Engineering Resources of Southern California, Inc. (ERSC) for a total not to exceed amount of $33,405 in such final form as approved by the City Attorney.

14) Purchase Order for Core Technology Infrastructure for the New City Hall (CIP Project No. Z20006)

Approve and authorize the City Manager to execute a purchase order with Nth Generation in an amount not to exceed $429,176.99 for Core Technology Infrastructure for the New City Hall (CIP Project No. Z20006).

15) Public Works Agreement with Siepker Electric for the Electrical Bid Set “D”, on the New City Senior Housing Project (CIP Project No. Z20026)

Approve and authorize the City Manager to execute a Public Works Construction Agreement with Siepker Electric in an amount not to exceed $589,926.00 for the Electrical Bid Set “D”, on the new City Senior Housing Project in such final form as approved by the City Attorney; authorize the City Manager to execute change orders not to exceed the 10% contingency amount of $58,992.60; and authorize the City Clerk to record the Notice of Completion once work is completed.

City Council Agenda - Final December 09, 2025

City of Lake Elsinore Page 6

16) Lake Water Quality Update and Maintenance Agreement with Moleaer for Nanobubble Barges

Approve and authorize the City Manager to execute the Contractor Services Agreement with Moleaer in an amount not to exceed $275,004 for Nanobubble Barge Maintenance in such final form as approved by the City Attorney and authorize the City Manager to execute change orders not exceeding a 10% contingency of $27,500 for uncertainties and adjustments.

17) Professional Services Agreement with T&B Planning, Inc. for Environmental Documentation for the West Nichols Logistics Center Project

Approve and authorize the City Manager to execute an Agreement for Professional Services with T&B Planning, Inc. to prepare California Environmental Quality Act (CEQA) compliance documents in the amount not to exceed $256,365.00, in such final form as approved by the City Attorney.

18) Memorandum of Understanding with Riverside County Transportation Commission for the Construction of the Interstate 15 Express Lane Project Southern Extension

Approve and authorize the Mayor to execute a Memorandum of Understanding with Riverside County Transportation Commission for the Construction of the Interstate 15 Express Lane Project Southern Extension.

19) Additional Expenditure Request for Construction Inspection Services with Elsinore Valley Municipal Water District for Camino Del Norte Sewer Extension Project, EVMWD W.O. 2025-00164-INS

Approve additional expenditure with Elsinore Valley Municipal Water District for $62,738 plus 10% contingency to provide Construction Inspection Services for the Camino Del Norte Sewer Extension Project.

20) Professional Services Agreement with Transtech Engineers, Inc. to Provide Construction Engineering and Inspection Services in Support of Public Works Operations

Approve and authorize the City Manager to execute a Professional Services Agreement with Transtech Engineers, Inc. for $100,000.00 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 of $10,000.00 for unanticipated costs.

21) Resolution Requesting a Grant from the California State Parks Department of Boating and Waterways to Install Three Floating Restrooms

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

CALIFORNIA, IN SUPPORT OF A GRANT FROM THE CALIFORNIA STATE PARKS

DEPARTMENT OF BOATING AND WATERWAYS FOR THE INSTALLATION OF THREE FLOATING RESTROOMS BY THE CITY AT LAKE ELSINORE.

City Council Agenda - Final December 09, 2025

City of Lake Elsinore Page 7

22) Award of a Public Works Construction Agreement to Andy’s Glass Company for the Design, Purchase and Installation of the Fire Glass Wall and Glass Railing Systems in the New City Hall Project (CIP Project No. Z20006)

Approve and authorize the City Manager to execute a Public Works Construction Agreement with Andy’s Glass Company in an amount not to exceed $759,061.00, for the design, purchase, and installation of the fire glass wall and glass railing systems for the new City Hall Project in such final form as approved by the City Attorney:
authorize the City Manager to execute change orders not exceeding a 10% contingency amount of $75,906.10; and authorize the City Clerk to record the Notice of Completion once work is completed.

SUCCESSOR AGENCY CONSENT CALENDAR

23) Minutes of the Regular Successor Agency Meeting of November 18, 2025

Approve the Minutes.

24) SA Investment Report for October 2025

Receive and file the Investment Report for October 2025.

25) SA Warrant Report Dated November 10, 2025 to November 16, 2025

Receive and file.

26) SA Warrant Report Dated November 17, 2025 to November 23, 2025

Receive and file.

27) SA Warrant Report Dated November 24, 2025 to November 30, 2025

Receive and file.

PUBLIC HEARINGS

28) Public Hearing and Election for Annexation Proceedings for Annexation No. 27 Into Community Facilities District No. 2015 -2 (Maintenance Services) for APN 377-200-045 (Ortega BESS)

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

ELSINORE, CALIFORNIA, CALLING AN ELECTION TO SUBMIT TO THE

QUALIFIED ELECTORS THE QUESTION OF LEVYING A SPECIAL TAX WITHIN

THE AREA PROPOSED TO BE ANNEXED TO COMMUNITY FACILITIES DISTRICT NO. 2015-2 (MAINTENANCE SERVICES) (ANNEXATION NO. 27);

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

ELSINORE, CALIFORNIA, DECLARING ELECTION RESULTS FOR
COMMUNITY FACILITIES DISTRICT NO. 2015 -2 (MAINTENANCE SERVICES) (ANNEXATION NO. 27); and

City Council Agenda - Final December 09, 2025

City of Lake Elsinore Page 8

3. Introduced by title only and waive further reading of AN ORDINANCE AMENDING ORDINANCE NO. 2016 -1359 OF THE CITY COUNCIL OF THE CITY OF LAKE

ELSINORE, CALIFORNIA, ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 2015 -2 OF THE CITY OF

LAKE ELSINORE (MAINTENANCE SERVICES) AUTHORIZING THE LEVY OF SPECIAL TAXES.

29) Appeal of the Planning Commission's Action to Deny Planning Application No. 2016-112 (Kassab Travel Center Carwash) to Replace the Previously Approved Drive-through Restaurant with a Proposed Express Carwash Including Vacuum Spaces

Consider the appeal of the Planning Commission’s denial of Conditional Use Permit No. 2021-16 and Commercial Design Review No. 2021 -21, receive public comments, and direct staff to prepare a Resolution based on the action taken by the City Council to either: (1) Uphold the Planning Commission’s Action to Deny; or (2) Reverse the Planning Commission’s Action and Approve Conditional Use Permit No. 2021- 16 and Commercial Design Review No. 2021-21.

BUSINESS ITEM(S)

30) Annual Reorganization of the City Council to Select the Mayor/Chair and Mayor Pro Tem/Vice-Chair for 2026

Select a Mayor/Chair and Mayor Pro Tem/Vice- Chair per City Council Policy No. 200-

4. PUBLIC COMMENTS - NON-AGENDIZED ITEMS - 3 MINUTES

CITY MANAGER COMMENTS

CITY ATTORNEY COMMENTS

CITY COUNCIL COMMENTS/REPORTS ON MEETINGS ATTENDED

ADJOURNMENT

The Lake Elsinore City Council will adjourn to the next Regular meeting of Tuesday, January 13, 2026 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.

City Council Agenda - Final December 09, 2025

City of Lake Elsinore Page 9

AFFIDAVIT OF POSTING

I, Candice Alvarez, MMC, City Clerk of the City of Lake Elsinore, do hereby affirm that a copy of the foregoing agenda was posted at City Hall at 6:00 p.m. on Thursday, December 4, 2025.

_________________________
Candice Alvarez, MMC
City Clerk

CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION
Paragraph (1) of subdivision (d) of Section 54956.9)
Name of case: DS & RS Investment LLC, et al. v. City of Lake Elsinore, et al.; Riverside Superior Court Case No. CVME2402627

Page 1 of 1 ends

REPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, City Manager
Prepared by:David Mann, Assistant City Attorney
Date:December 9, 2025
Subject: CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION Paragraph (1) of subdivision (d) of Section 54956.9)
Name of case: DS & RS Investment LLC, et al. v. City of Lake Elsinore, et al.; Riverside Superior Court Case No. CVME2402627
B.

CONFERENCE WITH REAL PROPERTY NEGOTIATORS
(Gov’t Code Section 54956.8)
Property: APNs: 389-210-063, 389-210-067, 389-210-068, 389-220-001, 389-220-002 Agency negotiator: City Manager Simpson
Negotiating parties: City of Lake Elsinore and Mohr Affinity Under negotiation: Price and terms of payment

Page 1 of 1 ends

REPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, City Manager
Prepared by:David Mann, Assistant City Attorney
Date:December 9, 2025
Subject: CONFERENCE WITH REAL PROPERTY NEGOTIATORS
(Gov’t Code Section 54956.8)
Property: APNs: 389-210-063, 389-210-067, 389-210-068, 389-220-001, 389-220-002
Agency negotiator: City Manager Simpson
Negotiating parties: City of Lake Elsinore and Mohr Affinity Under negotiation: Price and terms of payment
C.

CONFERENCE WITH LABOR NEGOTIATOR
(Gov’t Code Section 54957.6)
City negotiator: City Manager Jason Simpson; Assisant City Manager Shannon Buckley; Special Counsel Nate Kowalski
Employee organization: Lake Elsinore Chapter of Laborer’s International Union of North America, Local 777

Page 1 of 1 ends

REPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, City Manager
Prepared by:David Mann, Assistant City Attorney
Date:December 9, 2025
Subject: CONFERENCE WITH LABOR NEGOTIATOR
(Gov’t Code Section 54957.6)
City negotiator: City Manager Jason Simpson; Assistant City Manager Shannon Buckley, Special Counsel Nate Kowalski
Employee organization: Lake Elsinore Chapter of Laborer’s International Union of North America, Local 777
1)
Recognition of 2025 Dream Extreme Future Leaders Participants Recognize

the

participants

the

2025

Dream

Extreme

Future

Leaders

Program

for

their
dedication, leadership, and successful completion of the program.

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:Candice Alvarez, MMC, City Clerk
Date:December 9, 2025
Subject:Recognition of 2025 Dream Extreme Future Leaders Participants Recommendation
Recognize the participants of the 2025 Dream Extreme Future Leaders Program for their dedication, leadership, and successful completion of the program.

Background
The City of Lake Elsinore’s Dream Extreme Future Leaders Program is designed to introduce local high school and college-aged students to municipal government, leadership development, and civic engagement. Through hands-on experiences, department tours, and practical assignments, the program provides participants with an inside look at how the City operates and allows them to build skills in communication, teamwork, public speaking, and problem-solving.

In 2025, students participated in a structured curriculum that included:
Tours of key City operations, including the Fire Station, Public Works Yard, and Launch Pointe
Meetings with department directors and City leadership Staff-report writing assignments
A mock interview and leadership simulation
Discussions about local government, policy development, and community engagement The program continues to serve as one of the City’s most impactful youth engagement opportunities, inspiring the next generation of leaders and strengthening connections between young residents and their local government.

Future Leaders Recognition

Page 2 of 2 ends

Discussion
The 2025 Future Leaders cohort demonstrated exceptional professionalism, maturity, and enthusiasm. Throughout the program, participants asked thoughtful questions, collaborated on real-world projects, and demonstrated strong interest in public service. Their work contributes to the City’s commitment to fostering civic awareness and leadership development among local youth.

City staff from multiple departments generously contributed time and resources to support the program, offering presentations, tours, and mentorship. The success of this year’s program reflects the City’s dedication to providing meaningful educational opportunities and investing in the development of future leaders.

At this meeting, the City Council will recognize each participant with a certificate of completion and commend them for their hard work and accomplishments.

Fiscal Impact
None.

Attachments
Attachment 1 - Certificates of Recognition
City Clerk's Office

2)
Business in Action Monthly Spotlight – Lake Elsinore Honda Recognize

Lake

Elsinore

Honda

the

City

Lake

Elsinore’s

Business

Action

Monthly
Spotlight for December 2025.

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:Gina Gonzalez, Director of Economic Development and Legislative Affairs Date:December 9, 2025
Subject:Business in Action Monthly Spotlight – Lake Elsinore Honda Recommendation
Recognize Lake Elsinore Honda as the City of Lake Elsinore’s Business in Action Monthly Spotlight for December 2025.

Background
The City of Lake Elsinore’s Business in Action Monthly Spotlight Program recognizes exemplary local businesses that contribute to the economic vitality, community engagement, and overall quality of life in the city. Lake Elsinore Honda is a local dealership business that has become a trusted partner in serving the transportation needs of Lake Elsinore residents and the Temecula Valley region while supporting Lake Elsinore community pride and local investment.

As a full-service Honda dealership located in Lake Elsinore, Honda helps residents, families, commuters, and local businesses access reliable transportation and dependable automotive care close to home, with a hometown spirit and family-oriented customer service. The dealership provides a broad range of services, including new Honda vehicle sales, certified pre-owned inventory, financing options, and a dedicated service and parts center, supporting safe, efficient, and affordable mobility for the community.

Lake Elsinore Honda’s daily operations and resident-focused service reflect Lake Elsinore’s values of professionalism, integrity, and community partnership.

Discussion
Lake Elsinore Honda is more than a dealership — it is a key part of the Lake Elsinore community and a consistent contributor to the City’s connectivity and quality of life. By offering reliable vehicles and high-quality maintenance services, Lake Elsinore Honda supports residents’ ability to travel safely for work, school, family needs, and recreation, reinforcing the City’s broader mobility and livability priorities.

December Monthly Spotlight

Page 3 of 2 ends

What sets Lake Elsinore Honda apart is their commitment to Lake Elsinore beyond the showroom.

Their team participates in local events and community initiatives that strengthen neighborhood connections, celebrate city milestones, and foster the civic pride that defines Lake Elsinore. Their local engagement, coupled with their role as an employer and business partner, supports the City’s goal of fostering a vibrant and resident-centered economy. They have provided scholarships to Lake Elsinore High School sports teams, including Temescal Canyon High School Basketball and Lake Elsinore High School Football, and to the local Elks club, to name only a few.

Lake Elsinore Honda is also recognized for exceptional customer service and a strong focus on long-term relationships. Their team consistently reflects the values Lake Elsinore promotes across the business community — responsiveness, professionalism, and a genuine dedication to serving others. Whether assisting first-time buyers, long-time residents, or families seeking safe and dependable transportation, Lake Elsinore Honda continues to be a business the community can count on.

By recognizing Lake Elsinore Honda as the Business in Action Monthly Spotlight for December 2025, the City celebrates their ongoing commitment to community engagement, local partnership, economic development, and the resident-focused service that reflects the spirit of Lake Elsinore.

Fiscal Impact
There is no fiscal impact associated with this recognition.

Attachments
None.

Economic Development
3)
Minutes of the Regular City Council Meeting of November 18, 2025 Approve the Minutes.

Page 1 of 1 ends

Attachments
Attachment 1 - Draft Minutes
City Clerk's Office

City of Lake Elsinore
City Council Meeting
Minutes – Draft

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

November 18, 2025

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

Ric Greenwood led the Pledge of Allegiance.

ROLL CALL

Present: 4 - Council/Agency Members Manos and Sheridan; Mayor Pro Tem/Vice Chair Magee; and Mayor/Chair Tisdale

Absent: 0 - None

PRESENTATIONS/CEREMONIALS

1) Installation of Michael Carroll – City Council District 4 Representative

Install Michael Carroll as the newly appointed representative for District 4 on the Lake Elsinore City Council.

City Clerk Alvarez issued the Oath of Office to Michael Carroll.

2) Recognition of Former Measure Z Citizens Committee Member Ric Greenwood

Present a Certificate of Recognition to Ric Greenwood for their dedicated service as a member of the Measure Z Citizens Committee.

Mayor Tisdale and Council Member Sheridan presented a Certificate of Recognition to Ric Greenwood.

City Council Minutes - Draft November 18, 2025

City of Lake Elsinore Page 2

3) Business in Action Monthly Spotlight – "Embroidery & More"

Recognize "Embroidery & More" as the City of Lake Elsinore’s Business in Action Monthly Spotlight for November 2025.

Mayor Tisdale presented the Certificate to owner Carolyn Ziegenhorn.

PUBLIC COMMENTS - NON-AGENDIZED ITEMS - 1 MINUTE

Nathan Garcia was called to speak.

Rebecca Anderson was called to speak.

Kimberly Ryan was called to speak.

Andrea Mares was called to speak.

CITY COUNCIL CONSENT CALENDAR

Council Member Carroll left the dais at 7:19 p.m.

A motion was made by Council Member Manos, seconded by Mayor Pro Tem Magee to approve the City Council Consent Calendar with Agenda Item Nos. 4, 10, and 17 being removed for discussion. The motion carried by the following vote:

Aye: 4 Council Members Manos and Sheridan; Mayor Pro Tem Magee; and Mayor Tisdale
Nay: 0 None

Absent: 1 Council Member Carroll

4) Minutes of the Regular City Council Meeting of October 28, 2025 and Special City Council Meeting of November 13, 2025

Approve the Minutes.

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

5) CC Warrant Report Dated October 06, 2025 to October 12, 2025

Receive and file.

This item was approved on the City Council Consent Calendar.

6) CC Warrant Report Dated October 13, 2025 to October 19, 2025

Receive and file.

This item was approved on the City Council Consent Calendar.

7) CC Warrant Report Dated October 20, 2025 to October 26, 2025

Receive and file.

This item was approved on the City Council Consent Calendar.

City Council Minutes - Draft November 18, 2025

City of Lake Elsinore Page 3

8) CC Warrant Report Dated October 27, 2025 to November 02, 2025

Receive and file.

This item was approved on the City Council Consent Calendar.

9) Purchase of Vacant Real Property for Potential Long-Term Replacement Site for the Anchor Crisis Stabilization Housing Complex or Other Similar Use Related to City’s Homeless Housing Initiative (APN 377-313-013 & 377-320-004)

Approve the purchase of approximately 3.02 acres of vacant property (APN 377-313- 013 & 377-320-004) for $1,050,000, plus closing costs, as a potential long-term replacement site for the Anchor Crisis Stabilization Housing Complex or other similar use in support of the City’s homeless housing initiative, approve City Manager’s execution of the Vacant Land Purchase Agreement and Joint Escrow Instructions and further authorize the City Manager to execute such other ancillary documents as may be necessary to complete the purchase, in such final form as approved by the City Attorney.

This item was approved on the City Council Consent Calendar.

10) Notice of Decision – Planning Commission Denial of Planning Application No. 2016-112 (Kassab Travel Center Carwash) to Replace the Previously Approved Drive-through Restaurant with a Proposed Express Carwash Including Vacuum Spaces

On November 4, 2025, a timely appeal of the decision of the Planning Commission to deny Planning Application No. 2016-112 was filed with the City. In accordance with Sections 17.410.090.A and B of the Lake Elsinore Municipal Code (LEMC), this report is submitted for informational purposes only. There is no action requested from the City Council, as a timely appeal was filed for this application.

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

11) Notice of Decision – Planning Commission Approval of Planning Application No. 2023-06 (Riverside Drive Apartments) for a Residential Design Review to Construct a 96-unit Multi-family Residential Apartment Complex and Related Site Improvements on a 4.95-acre Site Located at 32281 Riverside Drive

Receive and file the Notice of Decision for Planning Application No. 2023-06 approved by the Planning Commission on November 4, 2025.

This item was approved on the City Council Consent Calendar.

12) Notice of Decision – Planning Commission Approval of Residential Design Review No. 2024-09 to Construct 131 Single-Family Residences and Related Site Improvements for Tentative Tract Map No. 25475 on a 37.3-acre Site Located within Planning Area 6 of the Ramsgate Specific Plan

Receive and file the Notice of Decision for Residential Design Review No. 2024-09 approved by the Planning Commission on November 4, 2025.

This item was approved on the City Council Consent Calendar.

City Council Minutes - Draft November 18, 2025

City of Lake Elsinore Page 4

13) Notice of Decision – Planning Commission Approval of Residential Design Review No. 2024-10 (Tuscany Crest) for a Proposal to Construct 204 Detached Single-Family Residences and Related Site Improvements for Tentative Tract Map No. 33725 on a 52.7-acre site located withinPlanning Area 10 of the Ramsgate Specific Plan

Receive and file the Notice of Decision for Residential Design Review No. 2024-10 approved by the Planning Commission on November 4, 2025.

This item was approved on the City Council Consent Calendar.

14) Notice of Decision – Planning Commission Approval of Planning Application No. 2025-09 (Supreme Boxer Boxing Club) – A Conditional Use Permit to Legalize a 3,000 Square-Foot Boxing Gym within Suites I and J of an Existing Multi-Tenant Industrial Business Park located at 580 3rd Street

Receive and File the Notice of Decision for Planning Application No. 2025-09 approved by the Planning Commission on November 4, 2025.

This item was approved on the City Council Consent Calendar.

15) Update to Winterfest Road Closures for 2025 Event

Approve amended temporary road closures for Winterfest Parade and Event in Historic Downtown and neighboring roads for the December 6, 2025, event, as identified in the attached traffic plans, and allow for changes as necessary and approved by the City Engineer.

This item was approved on the City Council Consent Calendar.

16) Riverpark Mitigation Bank Agreement for Sale of Credits for the Temescal Canyon Road Bridge Replacement Project

Approve and authorize the City Manager to execute an Agreement for Sale of Credits in a total amount of $1,692,435.30 in such final form as approved by the City Attorney.

This item was approved on the City Council Consent Calendar.

17) Amendment No. 4 to the Professional Services Agreement with FCG Consultants for Resident Engineering Services on the I-15/Main Street Interchange Improvement Project CIP Z10094

Approve and authorize the City Manager to execute Amendment No. 4 to the Professional Services Agreement with FCG Consultant in an amount not to exceed $24,061.27 for Resident Engineering Services for the I-15/Main Street Interchange Project in such final form as approved by the City Attorney.

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

City Council Minutes - Draft November 18, 2025

City of Lake Elsinore Page 5

18) On-Call Agreement with YESCO Signs, LLC for Maintenance Services of LED Art Panels and Monument Artwork

Approve and authorize the City Manager to execute a Contractor Services On-Call Agreement with YESCO Signs, LLC in an amount not to exceed $30,000.00 annually 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 of $3,000.00 for unanticipated costs.

This item was approved on the City Council Consent Calendar.

19) Agreement with Trout Electric for the Installation and Replacement of Electric Vehicle (EV) Chargers at Multiple City Locations (CIP Project No. Z10103)

Approve and authorize the City Manager to execute a Contractor Services Agreement with Trout Electric for $130,338.00 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 of $13,033.00 for uncertainties and adjustments.

This item was approved on the City Council Consent Calendar.

ITEMS REMOVED FROM THE CITY COUNCIL CONSENT CALENDAR FOR DISCUSSION

4) Minutes of the Regular City Council Meeting of October 28, 2025 and Special City Council Meeting of November 13, 2025

Approve the Minutes.

A motion was made by Council Member Manos, seconded by Mayor Pro Tem Magee to approve staff's recommendation with a request to add “Council Member Manos disputes the outcome of Item No. 21.” The motion carried by the following vote:

Aye: 4 Council Members Manos and Sheridan; Mayor Pro Tem Magee; and Mayor Tisdale
Nay: 0 None

Absent: 1 Council Member Carroll

On November 4, 2025, a timely appeal of the decision of the Planning Commission to deny Planning Application No. 2016- 112 was filed with the City. In accordance with Sections 17.410.090.A and B of the Lake Elsinore Municipal Code (LEMC), this report is submitted for informational purposes only. There is no action requested from the City Council, as a timely appeal was filed for this application.

City Council Minutes - Draft November 18, 2025

City of Lake Elsinore Page 6

A motion was made by Council Member Manos, seconded by Mayor Pro Tem Magee to receive and file the item. The motion carried by the following vote:

Aye: 4 Council Members Manos and Sheridan; Mayor Pro Tem Magee; and Mayor Tisdale
Nay: 0 None

Absent: 1 Council Member Carroll

Council Member Carroll returned to the dais at 7:32 p.m. (after item 10, before item 17)

17) Amendment No. 4 to the Professional Services Agreement with FCG Consultants for Resident Engineering Services on the I-15/Main Street Interchange Improvement Project CIP Z10094

A motion was made by Council Member Sheridan, seconded by Mayor Tisdale to approve staff's recommendation. The motion carried by the following vote:

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

SUCCESSOR AGENCY CONSENT CALENDAR

A motion was made by Agency Member Sheridan, seconded by Vice Chair Magee to approve the Successor Agency Consent Calendar. The motion carried by the following vote:

Aye: 5 Agency Members Manos, Sheridan, and Carroll ; Vice Chair Magee; and Chair Tisdale
Nay: 0 None

20) Minutes of the Regular Successor Agency Meeting of October 28, 2025

Approve the Minutes.

This item was approved on the Successor Agency Consent Calendar.

21) SA Warrant Report Dated October 06, 2025 to October 12, 2025

Receive and file.

This item was approved on the Successor Agency Consent Calendar.

22) SA Warrant Report Dated October 13, 2025 to October 19, 2025

Receive and file.

This item was approved on the Successor Agency Consent Calendar.

City Council Minutes - Draft November 18, 2025

City of Lake Elsinore Page 7

23) SA Warrant Report Dated October 20, 2025 to October 26, 2025

Receive and file.

This item was approved on the Successor Agency Consent Calendar.

24) SA Warrant Report Dated October 27, 2025 to November 02, 2025

Receive and file.

This item was approved on the Successor Agency Consent Calendar.

PUBLIC HEARINGS

25) AB1600 Annual Report for Fiscal Year 2024-25

Receive and file the AB1600 Annual Report and adopt the findings therein.

The Public Hearing was opened at 7:34 p.m.

City Clerk Alvarez noted that no written communications were received.

Assistant Director of Administrative Services Rafferty presented the staff report.

There were no speakers.

The Public Hearing was closed at 7:36 p.m.

A motion was made by Council Member Sheridan, seconded by Council Member Manos to receive and file the item. The motion carried by the following vote:

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

26) Public Hearing to Consider an Urgency Ordinance Amending Title 15, Buildings and Construction, of the Lake Elsinore Municipal Code

Waive further reading and adopt by a four-fifths vote by title only AN URGENCY

ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, AMENDING CHAPTERS 15.02, 15.04, 15.06, 15.20, 15.24, 15.32,

15.38, 15.40, 15.42, AND 15.56 AND ADDING A NEW CHAPTER 15.58 (CALIFORNIA WILDLAND-URBAN INTERFACE CODE) OF TITLE 15 OF THE LAKE ELSINORE MUNICIPAL CODE BY ADOPTING THE 2025 EDITIONS OF THE

CALIFORNIA CODES AND RELATED MODEL CODES WITH APPENDICES AND AMENDMENTS THERETO.

This Public Hearing was opened on October 28, 2025.

City Clerk Alvarez noted that no written communications were received.

Building Manager Belvin presented the staff report.

There were no speakers.

City Council Minutes - Draft November 18, 2025

City of Lake Elsinore Page 8

The Public Hearing was closed at 7:39 p.m.

A motion was made by Council Member Manos, seconded by Council Member Sheridan to adopt by title only and waive further reading of the Urgency Ordinance. The motion carried by the following vote:

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

27) Planning Application No. 2021-19 (Rome Hill Commercial Project) – Proposal to develop two commercial manufacturing warehouse buildings totaling 92,760 sq. ft. and related site improvements on a 6.77-acre site located on Grand Avenue and Kathryn Way

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

ELSINORE, CALIFORNIA, ADOPTING A MITIGATED NEGATIVE
DECLARATION (ER 2025-02) (SCH NO. 2025090173) FOR PLANNING APPLICATION NO. 2021-19 (GENERAL PLAN AMENDMENT NO. 2022-01, ZONE CHANGE NO. 2022-02, CONDITIONAL USE PERMIT NO. 2022-17, COMMERCIAL DESIGN REVIEW NO. 2022-12, AND VARIANCE NO. 2025-08);

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

ELSINORE, CALIFORNIA, ADOPTING FINDINGS THAT PLANNING
APPLICATION NO. 2021-19 (GENERAL PLAN AMENDMENT NO. 2022-01, ZONE CHANGE NO. 2022-02, CONDITIONAL USE PERMIT NO. 2022-17, COMMERCIAL DESIGN REVIEW NO. 2022-12, AND VARIANCE NO. 2025-08)

IS CONSISTENT WITH THE WESTERN RIVERSIDE COUNTY MULTIPLE SPECIES HABITAT CONSERVATION PLAN (MSHCP);

3. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING GENERAL PLAN AMENDMENT NO. 2022-01 AMENDING THE LAND USE DESIGNATION FROM GENERAL

COMMERCIAL (GC) AND HIGH DENSITY RESIDENTIAL (HDR) TO LIGHT INDUSTRIAL (LI) FOR APN: 371-150-017;

4. Introduce by title only and waive further reading of AN ORDINANCE OF THE CITY

COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING ZONE CHANGE NO. 2022-02 CHANGING THE ZONING DESIGNATION FROM

COMMERCIAL PARK (C-P) AND HIGH DENSITY RESIDENTIAL (HDR) TO COMMERCIAL MANUFACTURING (C-M) FOR APN: 371-150-017;

5. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING CONDITIONAL USE PERMIT NO. 2022- 17 TO ESTABLISH A TWO-UNIT COMMERCIAL MANUFACTURING

WAREHOUSE FACILITY WITH AN OUTDOOR STORAGE AREA LOCATED AT APN: 371-150-017;

6. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING COMMERCIAL DESIGN REVIEW NO. 2022-12 PROVIDING BUILDING DESIGN AND RELATED IMPROVEMENTS FOR

TWO COMMERCIAL MANUFACTURING WAREHOUSE BUILDINGS TOTALING 92,760 SQUARE FEET LOCATED AT APN: 371-150-017; and
City Council Minutes - Draft November 18, 2025

City of Lake Elsinore Page 9

7. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING VARIANCE NO. 2025-08 TO REDUCE THE REQUIRED FRONT YARD SETBACK FROM 15 FT. TO 6 FT. DUE TO SITE

CONSTRAINTS FOR THE COMMERCIAL MANUFACTURING FACILITY
LOCATED AT APN: 371-150-017.

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

Council Member Carroll left the dais at 7:42 p.m.

City Clerk Alvarez noted that three written communications were received.

Community Development Director Abraham presented the staff report.

Chase Preciado was called to speak.

Marsha Santos was called to speak.

Jim Savage was called to speak.

Kim Cousins was called to speak.

Kelly Black, Director of Fennemore, LLP responded to the speakers’ concerns on behalf of the applicant.

The Public Hearing was closed at 8:08 p.m.

Council Member Carroll returned to the dais at 8:09 p.m.

A motion was made by Council Member Sheridan, seconded by Mayor Pro Tem Magee to adopt the six Resolutions and introduce by title only and waive further reading of the Ordinance. The motion carried by the following vote:

Aye: 4 Council Member Manos, Mayor Tisdale, Mayor Pro Tem Magee, Council Member Sheridan
Nay: 0 None

Absent: 1 Voting Member Carroll

Council Member Carroll returned to the dais at 8:09 p.m.

BUSINESS ITEM

28) Authorizing the Issuance of Special Tax Bonds for Community Facilities District No. 2022-1 (Alberhill Ranch), Approving Certain Documents, and Certain Actions

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

CALIFORNIA, ACTING AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT OF THE CITY OF LAKE ELSINORE NO. 2022-1 (ALBERHILL RANCH) AUTHORIZING THE ISSUANCE OF ITS SPECIAL TAX BONDS, SERIES 2025 IN A PRINCIPAL AMOUNT NOT TO EXCEED ELEVEN MILLION DOLLARS ($11,000,000)

AND APPROVING CERTAIN DOCUMENTS AND TAKING CERTAIN OTHER ACTIONS IN CONNECTION THEREWITH.

City Council Minutes - Draft November 18, 2025

City of Lake Elsinore Page 10

Tom Jacobs, Stifel Financial Corporation, presented the staff report.

There were no speakers.

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

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

PUBLIC COMMENTS - NON-AGENDIZED ITEMS - THREE MINUTES

Susan Ferguson was called to speak.

Susan Lovett was called to speak.

CITY ATTORNEY COMMENTS

Assistant City Attorney Mann had no comments.

CITY MANAGER'S COMMENTS

City Manager Simpson had no comments.

CITY COUNCIL COMMENTS/REPORTS ON MEETINGS ATTENDED

Council Member Carroll thanked residents who spoke in support of him at the last meeting and noted that he is looking forward to serving over the next year.

Council Member Sheridan noted that he provided comments regarding an e-bike Ordinance to staff; reported on his attendance at a meeting with Elsinore Valley Municipal Water District on November 12, 2025; reminded residents that youth ride Riverside Transit Agency buses free through December 31, 2026 and reported on his attendance at the Riverside Transit Agency Administration and Operations Committee meeting on November 5, 2025; spoke on The Haunted Galleria of “Doctor” Bordeaux event; shared photos from the Lake Elsinore Wildomar Elks Lodge car show and toy drive that was held on November 9, 2025; shared his participation in the Thunder Cares Golf Tournament on November 10, 2025; shared his attendance at the City of Wildomar State of the City on Thursday, November 13, 2025; congratulated this month’s Students of the Month; shared his attendance at the Mt. San Jacinto College State of the College on November 14, 2025; and spoke on a discharge petition for HR 2550 that was signed by the U.S. House of Representatives.

Council Member Manos noted that the Economic Development Committee met over the last few weeks; reported on his attendance at the Southern California Association of Governments Regional Council meeting on November 6, 2025 and Riverside County Airport Land Use Commission Meeting on November 13, 2025; thanked veterans for their service; and requested that an Employee Evaluation of the City Attorney’s Office be placed on an upcoming agenda.

Mayor Pro Tem Magee congratulated and welcomed Council Member Carroll; reported on his attendance at the Riverside County Transportation Commission Executive Committee meeting on November 12, 2025; and shared that all top three finishers in last weekend’s Baja 1000 Trophy Truck class were manufactured by Mason Motorsports, based in Lake Elsinore.

City Council Minutes - Draft November 18, 2025

City of Lake Elsinore Page 11

Mayor Tisdale welcomed Council Member Carroll; shared the City’s winter events; shared that the City won an Orange Reel Award at the Mentone Film Festival for its documentary, “When Help Isn’t Enough: The Unseen Struggles of Homelessness;” and invited the community to a Town Hall hosted by Assemblywoman Natasha Johnson at 6:00 p.m. on Thursday, December 4, 2025 in the Cultural Center.

ADJOURNMENT

The Lake Elsinore City Council adjourned at 8:45 p.m. to the next Regular meeting of Tuesday, December 9, 2025 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.

4)
CC Investment Report for October 2025
Receive and file the Investment Report for October 2025.

Page 1 of 1 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:December 9, 2025
Subject:CC Investment Report for October 2025
Recommendation
Receive and file the Investment Report for October 2025.

Discussion
The Investment Report lists all general funds invested for the City as the date shown on the report.

The Review of the Investment Performance for the quarter ended September 30, 2025, is included.

Fiscal Impact
No fiscal impact.

Attachments
Attachment 1- Investment Report October 2025
Administrative Services

CITY OF LAKE ELSINORE

INVESTMENT REPORT

BANK DEPOSITS OUTSTANDING BOOK

CASH ACCOUNTS BALANCE IN TRANSIT PAYMENTS BALANCE
Bank Accounts:

General Checking Account 3,213,133 $ 78,537 $ (7,726) $ 3,283,944 $ Cash On Hand:

Cashier Drawers #1 & #2 - - - 300 City of Lake Elsinore Petty Cash Fund - - - 2,000 Total Cash Accounts 3,213,133 78,537 (7,726) 3,286,244

INVESTMENTS
Local Agency Investment Funds 54,885,578 - - 54,885,578 CAMP Investments:

CAMP Pool Account 1,124,173 - - 1,124,172.64 U.S. Treasury Bond / Note 26,052,425 - - 26,052,424.83 Municipal Bond / Note 285,000 - - 285,000.00 Federal Agency Commercial Mortgage-Backed Security 8,544,222 - - 8,544,222.48 Federal Agency Bond / Note 647,673 - - 647,673.00 Corporate Note 11,247,129 - - 11,247,128.90 Certificate of Deposit 450,000 - - 450,000.00 Bank Note 525,525 - - 525,525.00 Asset-Backed Security 6,529,332 - - 6,529,331.75 Sub-total Investments 110,291,057 - - 110,291,057 Market Value Adjustment:

Unrealized Gain/(Loss) at 09/30/2025 944,293 - - 944,293 Total Investments 111,235,350 - - 111,235,350 Total Pooled Cash and Investments 114,448,483 $ 78,537 $ (7,726) $ 114,521,594$ TOTAL POOLED CASH AND INVESTMENTS 114,521,594$
I certify that this report accurately reflects all pooled investments and it is in conformity with the investment policy as approved by the City Council on June 24, 2025. A copy of this policy is available in the office of the City Clerk. The pooled investments shown above provide sufficient cash flow liquidity to meet the next six months estimated expenditures.

Jason P. Simpson December 3, 2025
City Manager Date

C I T Y O F L A K E E L S I N O R E

INVESTMENT REPORT OF POOLED CASH AND INVESTMENTS
AS OF OCTOBER 31, 2025

FUND NO FUND NAME AMOUNT
100 General 12,600,105 $
102 Measure Z 10,995,256
106 Affordable Housing In Lieu 1,503,779
107 Developer Agreement Revenue 341,114
108 American Rescue Plan 240,356
109 Road Maintenance and Rehabilitation (SB1) 2,446,268 110 State Gas Tax 743,246
112 Measure A 1,811,652
114 SB1186 CASP Education Program 86,653
115 Traffic Safety 11,454
116 City Hall-Public Works DIF 743,255
117 Community Center DIF 689,870
118 Lake Side Facility DIF 971,314
119 Animal Shelter DIF 14,787
121 T.R.I.P.-2014A 2,580
135 Lighting & Landscape Maintenance - Dist. No. 1 2,046,397 140 Geothermal 12,976
202 La Strada RBBD 26,465
203 E.L.S.P. - S.T.I.F. 3,732,024
205 Traffic Impact Fee 723,336
211 Storm Drain C.I.P. 2,026,596
221 Quimby Park C.I.P. 47,065
231 Library C.I.P. 1,082,274
232 City Fire Protection 1,413,752
300 Insurance Service 342,449
305 Information Systems Service 2,724,970
310 Support Service 48,394
315 Fleet Service 63,648
320 Facilities Service 2,806,964
333 CFD 2015-3 Terracina 238,703
335 CFD 2003-2E Canyon Hills Improvement Area E 359
346 CFD 2014-1 Southshore 64,212
350 CFD 98-1 Summerhill 5,241
354 CFD 90-2 Tuscany Hills 536
357 CFD 2003-2 Canyon Hills Improvement Area 369
359 CFD 2021-1 IA-2 Tuscany Valley & Crest Improvement 30,146 361 CFD 2022-2 Lakeshore Improvement 5,082
364 CFD 2023-2 Coastal Mission Trail Improvement 5,338
366 CFD 2005-6 City Center Townhomes 46,329
368 CFD 2006-2 Viscaya 4,000

C I T Y O F L A K E E L S I N O R E

POOLED CASH AND INVESTMENTS BY FUND
AS OF OCTOBER 31, 2025

FUND NO FUND NAME AMOUNT

C I T Y O F L A K E E L S I N O R E

POOLED CASH AND INVESTMENTS BY FUND
AS OF OCTOBER 31, 2025
369 CFD 2004-3 Area 1 Rosetta Canyon Improvement Area 66,803 371 CFD 2005-1 Serenity 4,004
372 CFD 2005-2 Alberhill Ranch Improvement Area 24,997
379 CFD 2022-1 Alberhill 2,143
383 CFD 2025-2 Cambern Apartments 59
384 CFD 2003-2 Area B Canyon Hills Improvement Area 5,100 385 CFD 2004-3 Area 2 Rosetta Canyon Improvement Area 24,020 388 CFD 2007-6 Holiday Inn Express 22
390 CFD 2003-2 Area C Canyon Hills Improvement Area 1,123 394 CFD 2005-5 (2012A) Wasson Canyon 411
396 CFD 2018-2 Nichols Ranch Improvement Area 43,652
500 Capital Improvement Plan 11,586,461
603 Endowment Trust - Carl Graves 70,307
604 Endowment Trust - Korn Memorial 37,288
605 Public Improvement Trust 3,224,345
606 Mobile Source Air Polution Reduction 245,552
608 Trust Deposit & Pre Paid Expense 1,838,056
617 Successor Agency Housing 41,836,571
620 Cost Recovery System 4,462,570
631 Lake Destratification Equipment Replacement 348,795 Total Pooled Cash & Investments 114,521,594$

MAXIMUM DIVERSIFICATION CURRENT

TYPES OF SECURITIES PERCENTAGE PERCENTAGE BALANCE
CAMP - Pooled Sweep Account Unlimited 1.02% 1,124,173 $ U.S. Treasury Bond / Note Unlimited 23.62% 26,052,425 $ Supra-National Agency Bond / Note 30% 0.00% - $
Municipal Bond / Note Unlimited 0.26% 285,000 $
Federal Agency Collaterized Mortgage Obligation 40% 7.75% 8,544,22 2$ Federal Agency Bond / Note Unlimited 0.59% (1) 647,673$ Banker's Acceptance 40.00% 0.00% - $
Corporate Note (Includes Bank Note) 30% 10.67% 11,772,654 $ Commercial Paper 25% 0.00% - $
Negotiable Certificates of Deposit 30% 0.41% 450,000 $
Asset-Backed Security / Collaterized Mortgage 20% 5.92% 6,529,332 $ Repurchase Agreements Unlimited 0 - $
Reverse Repurchase Agreements 10.00% 0.00% - $
LAIF (Local Agency Investment Funds) $150 Million 49.76% (2) 54,885,578$ Placement Service Deposits (PDS) 30% 0.00% - $
TOTAL 100.00% 110,291 ,057$
Note:
(1) No more than 40% in any one federal agency. See CAMP Portfolio Statement for listing of agencies. (2) Investment in LAIF may not exceed $75 million in each agency.

C I T Y O F L A K E E L S I N O R E

SUMMARY OF POLICY LIMITATIONS
FOR THE MONTH ENDING OCTOBER 31, 2025

Local Agency Investment Fund

October 4.150
September 4.212
August 4.251
July 4.258
June 4.269
May 4.272
LAIF Apportionment Rate(2): 4.34
LAIF Earnings Ratio(2): 0.00011893333163814
LAIF Administrative Cost(1)*: 0.26
PMIA Average Life(1): 254
LAIF Fair Value Factor(1): 1.001929581
PMIA Daily(1): 4.19
PMIA Quarter to Date(1): 4.24
Treasuries

52.46%
Agencies

28.00%
Certificates of
Deposit/Bank Notes

9.74%
Time
Deposits

3.39%
Commercial
Paper

5.66%
Corporate
Bonds

0.58%
Loans

0.17%
Notes: The apportionment rate includes interest earned on the CalPERS Supplemental Pension Payment pursuant to Government Code 20825 (c)(1) .
*The percentage of administrative cost equals the total administrative cost divided by the quarterly interest earnings. The law provides that administrative costs are not to exceed 5% of quarterly EARNINGS of the fund. However, if the 13-week Daily Treasury Bill Rate on the last day of the fiscal year is below 1%, then administrative costs shall not exceed 8% of quarterly EARNINGS of the fund for the subsequent fiscal year.

Source:
(1) State of California, Office of the Treasurer
(2) State of California, Office of the Controller
PMIA Average Monthly
Effective Yields(1)
PMIA/LAIF Performance Report
as of 11/19/25
Daily rates are now available here. View PMIA Daily Rates Quarterly Performance
Quarter Ended 9/30/25
Chart does not include $961,000.00 in mortgages, which equates to 0.001%. Percentages may not total 100% due to rounding.

Pooled Money Investment Account
Monthly Portfolio Composition (1)
10/31/25
$156.2 billion

Yield Purchase Date Maturity Rate

4.150% Daily 24-Hour
Investment Beginning Balance Net Increase/(Decrease) Ending Balance Total Investments Held with
Local Agency Investment Fund: 60,435,255$ (5,549,676) $ 54,885,578 $ Note:

Per California State Treasurer, LAIF Statute 16429.1: Separate accounts for each governmental unit shall be maintained.

C I T Y O F L A K E E L S I N O R E

LOCAL AGENCY INVESTMENT FUND

TRANSACTION SUMMARY
FOR THE MONTH ENDING OCTOBER 31, 2025
CAMP
Investment Portfolio

For the Month Ending October 31, 2025Account Statement - Transaction Summary

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Opening Market Value
Purchases
Redemptions
Change in Value
Closing Market Value
1,187,493.79
946,147.98
(1,009,469.13)

0.00 $1,124,172.64
CAMP Pool
Unsettled Trades 0.00
2,337.98 Cash Dividends and Income
Opening Market Value
Purchases
Redemptions
Change in Value
Closing Market Value
55,141,743.51
997,242.19
(832,680.51)
41,825.75
$55,348,130.94
CAMP Managed Account
Unsettled Trades 0.00
104,898.23 Cash Dividends and Income
October 31, 2025 September 30, 2025
Asset Summary
CAMP Pool 1,124,172.64 1,187,493.79
CAMP Managed Account 55,348,130.94 55,141,743.51
$56,472,303.58 $56,329,237.30 Total
Asset Allocation

1.99%
CAMP Pool

98.01%
CAMP Managed
Account

Page 1 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed 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
$1,187,493.79
946,147.98
(1,009,469.13)
$1,124,172.64
2,337.98
$55,141,743.51
(832,680.51)

0.00 997,242.19

0.00 41,825.75
$55,348,130.94
$56,329,237.30
$56,472,303.58
110,729.42
(7,544.33)
1,713.14
$104,898.23
450,000.00

0.00 110,729.42
382,680.51
(1,004,786.52)
61,376.59

0.00 Managed Account Total
54,749,812.66 55,873,985.30
429,550.88

0.00 832,680.51
110,729.42
(1,004,786.52)
(54,556,073.45)
(366,703.35)

0.00 429,550.88
1,009,469.13
832,680.51
110,729.42
(1,950,934.50)
(55,743,567.24)
(366,703.35)
2,337.98
Total Accrual Basis Earnings $195,210.15 $197,548.13
Transaction Summary - Managed AccountTransaction Summary - Money Market _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance
$0.00 Closing Cash Balance

Page 2 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025
Portfolio Summary and Statistics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Account Summary
Percent Par Value Market ValueDescription
U.S. Treasury Bond / Note 27,175,000.00 26,589,047.85 47.09 Municipal Bond / Note 285,000.00 287,735.00 0.51
Federal Agency Commercial
Mortgage-Backed Security
8,676,043.44 8,766,953.51 15.52
Federal Agency Bond / Note 650,000.00 649,738.70 1.15 Corporate Note 11,410,000.00 11,492,016.34 20.35
Certificate of Deposit 450,000.00 449,780.85 0.80
Bank Note 525,000.00 532,304.33 0.94
Asset-Backed Security 6,526,467.13 6,580,554.36 11.65 Managed Account Sub-Total 55,697,510.57 55,348,130.94 98.01% Accrued Interest 429,550.88
Total Portfolio 55,697,510.57 55,777,681.82
CAMP Pool 1,124,172.64 1,124,172.64 1.99
Total Investments 56,821,683.21 56,901,854.46 100.00%
Unsettled Trades 0.00 0.00
Sector Allocation

11.65%
ABS

0.94%
Bank Note

0.80%
Cert of Deposit

19.84%
Corporate Note

1.15%
Fed Agy Bond /
Note

15.52%
Federal Agency
Commercial
Mortgage-Backed
Security

1.99%
Joint Powers
Authority

0.51%
Muni Bond / Note

0.51%
Priv Placement
Bond

47.09%
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

4.43%

1.66%

10.19%

32.33%

42.94%

8.45%

0.00%
Maturity Distribution Characteristics
Yield to Maturity at Cost
Yield to Maturity at Market
Weighted Average Days to Maturity 1073

4.23%

3.91%

Page 3 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025
Managed Account Issuer Summary

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

4.79%
A

4.96%
A+

4.28%
A-

0.80%
A-1+

0.82%
AA

65.11%
AA+

3.56%
AA-

9.77%
AAA

1.99%
AAAm

0.72%
BBB+

3.20%
NR
Issuer Summary
Percentof HoldingsIssuer
Market Value
384,592.13 0.68 Adobe Inc
346,021.06 0.61 Air Products and Chemicals Inc
1,404,042.34 2.50 American Express Co
405,944.80 0.72 Analog Devices Inc
762,856.53 1.35 Apple Inc
605,362.50 1.07 BA Credit Card Trust
687,586.12 1.22 Bank of America Corp
464,499.18 0.82 Bank of New York Mellon Corp
171,159.10 0.30 Bayerische Motoren Werke AG
465,557.95 0.82 Berkshire Hathaway Inc
792,176.33 1.40 BlackRock Inc
374,865.75 0.66 Bristol-Myers Squibb Co
85,000.00 0.15 California State University
1,124,172.64 1.99 CAMP Pool
490,910.91 0.87 Capital One Financial Corp
33,639.45 0.06 CarMax Inc
219,432.15 0.39 Caterpillar Inc
297,272.70 0.53 Charles Schwab Corp
430,444.14 0.76 Cisco Systems Inc
1,341,802.25 2.38 Citigroup Inc
385,045.88 0.68 Deere & Co
672,079.29 1.19 Discover Card Execution Note Trust
8,240,737.20 14.60 Federal Home Loan Mortgage Corp
1,175,955.01 2.08 Federal National Mortgage Association 245,014.06 0.43 Fifth Third Auto Trust
61,764.31 0.11 Ford Credit Auto Owner Trust
152,684.41 0.27 GM Financial Consumer Automobile Receiv 65,277.37 0.12 Harley-Davidson Inc
383,979.00 0.68 Home Depot Inc
388,633.43 0.69 Honda Auto Receivables Owner Trust
402,930.00 0.71 Honda Motor Co Ltd
409,096.58 0.72 JPMorgan Chase & Co

Page 4 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed Account Issuer Summary

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Percentof HoldingsIssuer
Market Value
60,655.32 0.11 Lockheed Martin Corp
117,475.95 0.21 Mars Inc
556,081.35 0.98 Mercedes-Benz Auto Receivables Trust
745,827.75 1.32 Microsoft Corp
532,304.33 0.94 Morgan Stanley
500,110.50 0.89 National Australia Bank Ltd
345,560.60 0.61 National Rural Utilities Cooperative Fi 39,626.01 0.07 Nissan Auto Receivables Owner Trust
449,780.85 0.80 Nordea Bank Abp
407,329.20 0.72 PACCAR Inc
100,940.70 0.18 Porsche Innovative Lease Owner
202,735.00 0.36 State of California
205,421.80 0.36 State Street Corp
39,120.80 0.07 Target Corp
86,323.11 0.15 Texas Instruments Inc
105,686.89 0.19 Toyota Auto Receivables Owner Trust
380,417.63 0.67 Toyota Motor Corp
26,589,047.85 47.09 United States Treasury
221,604.98 0.39 UnitedHealth Group Inc
417,923.68 0.74 Verizon Master Trust
407,278.80 0.72 Wells Fargo & Co
490,515.91 0.87 WF Card Issuance Trust
$56,472,303.58 Total 100.00%

Page 5 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed Account Detail of Securities Held

US TREASURY N/B
DTD 11/15/2016 2.000% 11/15/2026
73,688.03 73,764.16 692.93 70,441.41 01/17/2301/13/23Aa1AA+ 75,000.00 912828U24 3.72

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
211,702.05 206,910.14 947.69 198,641.60 07/03/2407/01/24Aa1AA+ 225,000.00 91282CCH2 4.49

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
1,199,644.95 1,199,774.11 5,370.24 1,169,364.26 09/06/2409/04/24Aa1AA+ 1,275,000.00 91282CCH2 3.59

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
1,223,167.40 1,211,936.17 5,475.54 1,173,960.94 08/05/2408/01/24Aa1AA+ 1,300,000.00 91282CCH2 3.96

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
2,258,155.20 2,262,963.14 10,108.70 2,211,468.75 10/07/2410/01/24Aa1AA+ 2,400,000.00 91282CCH2 3.51

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
2,728,604.20 2,673,510.36 12,214.67 2,565,253.91 06/11/2406/06/24Aa1AA+ 2,900,000.00 91282CCH2 4.39

US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
1,204,640.40 1,186,091.07 15,163.04 1,182,093.75 11/05/2410/31/24Aa1AA+ 1,200,000.00 91282CJR3 4.14

US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
1,380,317.13 1,350,479.10 17,374.32 1,344,653.32 01/07/2501/02/25Aa1AA+ 1,375,000.00 91282CJR3 4.36

US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
1,480,703.83 1,450,031.90 18,637.91 1,444,693.36 02/06/2502/03/25Aa1AA+ 1,475,000.00 91282CJR3 4.33

US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
2,610,054.20 2,572,912.51 32,853.26 2,565,773.44 12/06/2412/03/24Aa1AA+ 2,600,000.00 91282CJR3 4.10

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
591,913.80 589,900.18 6,570.65 589,054.69 07/03/2507/01/25Aa1AA+ 600,000.00 91282CEV9 3.75

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
887,870.70 881,153.58 9,855.98 878,414.06 04/04/2504/01/25Aa1AA+ 900,000.00 91282CEV9 3.87

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
887,870.70 877,837.32 9,855.98 875,566.41 06/05/2506/02/25Aa1AA+ 900,000.00 91282CEV9 3.98

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
912,533.78 903,536.98 10,129.76 902,236.33 08/05/2508/01/25Aa1AA+ 925,000.00 91282CEV9 3.94

Page 6 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed Account Detail of Securities Held

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
1,479,784.50 1,479,353.42 16,426.63 1,476,796.88 05/06/2505/01/25Aa1AA+ 1,500,000.00 91282CEV9 3.65

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
2,614,285.95 2,577,103.39 29,020.38 2,565,117.19 03/06/2503/03/25Aa1AA+ 2,650,000.00 91282CEV9 4.06

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
3,847,439.70 3,843,874.54 42,709.24 3,841,652.34 09/05/2509/02/25Aa1AA+ 3,900,000.00 91282CEV9 3.67

US TREASURY N/B
DTD 01/31/2025 4.250% 01/31/2030
996,671.33 996,905.66 10,471.98 997,242.19 10/06/2510/01/25Aa1AA+ 975,000.00 91282CMG3 3.67 253,878.90 26,589,047.85 26,338,037.73 3.95 26,052,424.83 27,175,000.00 Security Type Sub-Total Municipal Bond / Note

CALIFORNIA ST UNIV-B
DTD 07/29/2021 0.862% 11/01/2025
85,000.00 85,000.00 366.35 85,000.00 07/29/2107/09/21Aa2AA- 85,000.00 13077DQD7 0.86 CA ST
DTD 03/15/2023 4.846% 03/01/2027
202,735.00 200,000.00 1,615.33 200,000.00 03/15/2303/09/23Aa2AA- 200,000.00 13063D3N6 4.85 1,981.68 287,735.00 285,000.00 3.67 285,000.00 285,000.00 Security Type Sub-Total Federal Agency Commercial Mortgage-Backed Security
FHMS K054 A2
DTD 04/01/2016 2.745% 01/01/2026
193,787.34 194,024.75 445.38 186,639.42 04/14/2304/11/23Aa1AA+ 194,701.27 3137BNGT5 4.32 FHMS K058 A2
DTD 11/01/2016 2.653% 08/01/2026
543,686.00 544,386.57 1,215.96 526,839.84 04/12/2304/06/23Aa1AA+ 550,000.00 3137BSP72 3.98 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
360,111.57 360,203.75 1,014.17 352,419.64 05/24/2305/19/23Aa1AA+ 363,612.07 3137BTUM1 4.29 FHMS K064 A2
DTD 05/01/2017 3.224% 03/01/2027
544,509.35 537,877.84 1,477.67 518,804.69 08/18/2308/16/23Aa1AA+ 550,000.00 3137BXQY1 4.94 FHMS K065 A2
DTD 07/01/2017 3.243% 04/01/2027
544,226.10 541,189.46 1,486.38 527,033.20 06/13/2306/08/23Aa1AA+ 550,000.00 3137F1G44 4.42

Page 7 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed 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 KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
386,788.22 380,605.12 1,540.82 380,602.99 12/14/2312/06/23Aa1AA+ 380,606.04 3137HBC69 4.86 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
434,457.16 431,176.10 1,716.46 431,171.16 07/27/2307/19/23Aa1AA+ 431,181.91 3137HAD45 4.78 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
561,067.65 552,952.51 2,208.71 555,493.40 07/20/2307/13/23Aa1AA+ 550,000.00 3137HACX2 4.59 FNA 2023-M6 A2
DTD 07/01/2023 4.181% 07/01/2028
526,216.31 520,228.09 1,829.78 516,208.67 07/31/2307/18/23Aa1AA+ 525,110.95 3136BQDE6 4.58 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
509,403.00 493,278.09 1,975.00 489,032.00 10/19/2310/11/23Aa1AA+ 500,000.00 3137HAQ74 5.25 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
813,046.40 792,890.20 3,100.00 788,165.60 09/14/2309/07/23Aa1AA+ 800,000.00 3137HAMH6 4.99 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
383,399.25 367,403.16 1,515.63 363,043.88 10/31/2310/25/23Aa1AA+ 375,000.00 3137HAST4 5.60 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
510,326.00 496,282.27 2,000.00 494,023.50 09/28/2309/20/23Aa1AA+ 500,000.00 3137HAMS2 5.07 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
185,136.48 179,668.85 760.35 179,479.62 11/21/2311/14/23Aa1AA+ 180,000.00 3137HB3D4 5.14 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
281,490.00 274,494.02 1,113.75 274,209.93 12/07/2311/28/23Aa1AA+ 275,000.00 3137HB3G7 4.93 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
294,695.10 291,945.14 1,104.90 292,899.71 02/08/2402/01/24Aa1AA+ 290,000.00 3137HBLV4 4.34 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
449,753.04 442,086.00 1,730.67 442,702.04 07/25/2407/16/24Aa1AA+ 440,000.00 3137HDV56 4.58 FHMS K522 A2
DTD 06/01/2024 4.803% 05/01/2029
548,689.56 535,831.22 2,144.66 535,829.61 06/13/2406/05/24Aa1AA+ 535,831.22 3137HDJJ0 4.80 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
503,448.17 498,590.22 1,873.99 499,630.23 08/15/2408/07/24Aa1AA+ 495,000.00 3137HDXL9 4.33

Page 8 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed Account Detail of Securities Held

FANNIE MAE
DTD 11/12/2020 0.500% 11/07/2025
649,738.70 649,992.22 1,570.83 647,673.00 11/12/2011/09/20Aa1AA+ 650,000.00 3135G06G3 0.57 1,570.83 649,738.70 649,992.22 0.57 647,673.00 650,000.00 Security Type Sub-Total Corporate Note

UNITEDHEALTH GROUP INC (CALLABLE)
DTD 05/19/2021 1.150% 05/15/2026
221,604.98 224,957.71 1,193.13 224,608.50 05/19/2105/17/21A2A+ 225,000.00 91324PEC2 1.19

BMW US CAPITAL LLC (CALLABLE)
DTD 08/12/2021 1.250% 08/12/2026
171,159.10 174,991.79 480.03 174,947.50 08/16/2108/12/21A2A 175,000.00 05565EBW4 1.26

CATERPILLAR FINL SERVICE
DTD 01/10/2022 1.700% 01/08/2027
219,432.15 224,729.71 1,200.63 223,863.75 01/13/2201/11/22A2A 225,000.00 14913R2U0 1.81

TARGET CORP (CALLABLE)
DTD 01/24/2022 1.950% 01/15/2027
39,120.80 39,983.52 229.67 39,932.00 01/24/2201/19/22A2A 40,000.00 87612EBM7 1.99

BANK OF NY MELLON CORP (CALLABLE)
DTD 01/26/2022 2.050% 01/26/2027
464,499.18 474,739.01 2,569.62 473,945.50 01/28/2201/26/22Aa3A 475,000.00 06406RBA4 2.10

MICROSOFT CORP (CALLABLE)
DTD 02/06/2017 3.300% 02/06/2027
745,827.75 740,874.79 5,843.75 721,942.50 03/17/2303/14/23AaaAAA 750,000.00 594918BY9 4.36

AMERICAN EXPRESS CO (CALLABLE)
DTD 03/04/2022 2.550% 03/04/2027
294,650.10 292,590.21 1,211.25 277,203.00 01/18/2301/13/23A2A- 300,000.00 025816CS6 4.59

BERKSHIRE HATHAWAY FIN (CALLABLE)
DTD 03/15/2022 2.300% 03/15/2027
465,557.95 472,551.71 1,395.97 466,089.00 03/17/2203/15/22Aa2AA 475,000.00 084664CZ2 2.70

CHARLES SCHWAB CORP (CALLABLE)
DTD 09/24/2021 3.300% 04/01/2027
297,272.70 294,801.72 825.00 284,925.00 02/22/2302/17/23A2A- 300,000.00 808513BW4 4.66

Page 9 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed Account Detail of Securities Held

NATIONAL AUSTRALIA BK/NY
DTD 06/09/2022 3.905% 06/09/2027
500,110.50 495,731.72 7,701.53 488,325.00 01/18/2301/13/23Aa2AA- 500,000.00 63254ABE7 4.50

APPLE INC (CALLABLE)
DTD 09/12/2017 2.900% 09/12/2027
762,856.53 761,355.96 3,059.10 741,062.75 01/23/2301/19/23AaaAA+ 775,000.00 037833DB3 3.94

TOYOTA MOTOR CREDIT CORP
DTD 01/12/2023 4.625% 01/12/2028
380,417.63 375,572.49 5,251.30 376,282.50 02/10/2302/08/23A1A+ 375,000.00 89236TKQ7 4.55

NATIONAL RURAL UTIL COOP (CALLABLE)
DTD 02/07/2018 3.400% 02/07/2028
345,560.60 340,486.40 2,776.67 329,189.00 02/22/2302/17/23A1A- 350,000.00 637432NP6 4.76

TEXAS INSTRUMENTS INC (CALLABLE)
DTD 11/18/2022 4.600% 02/15/2028
86,323.11 85,967.48 825.44 87,043.40 05/18/2305/11/23Aa3A+ 85,000.00 882508BV5 4.04

BRISTOL-MYERS SQUIBB CO (CALLABLE)
DTD 07/15/2020 3.900% 02/20/2028
374,865.75 367,192.26 2,884.38 358,263.75 03/13/2303/09/23A2A 375,000.00 110122DE5 4.93

LOCKHEED MARTIN CORP (CALLABLE)
DTD 05/25/2023 4.450% 05/15/2028
60,655.32 59,944.85 1,231.17 59,892.00 05/25/2305/23/23A2A- 60,000.00 539830BZ1 4.49

JOHN DEERE CAPITAL CORP
DTD 07/14/2023 4.950% 07/14/2028
385,045.88 376,558.21 5,517.19 377,865.00 07/25/2307/21/23A1A 375,000.00 24422EXB0 4.78

CITIBANK NA (CALLABLE)
DTD 09/29/2023 5.803% 09/29/2028
786,244.50 747,699.35 3,868.67 746,280.00 10/04/2310/02/23Aa3A+ 750,000.00 17325FBB3 5.92

AIR PRODUCTS & CHEMICALS (CALLABLE)
DTD 02/08/2024 4.600% 02/08/2029
346,021.06 339,692.90 3,605.89 339,547.80 02/08/2402/06/24A2A 340,000.00 009158BH8 4.63

CISCO SYSTEMS INC (CALLABLE)
DTD 02/26/2024 4.850% 02/26/2029
430,444.14 419,899.44 3,677.92 419,853.00 02/26/2402/21/24A1AA- 420,000.00 17275RBR2 4.86

BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
51,108.15 49,936.87 306.81 49,909.50 03/14/2403/05/24Aa3AA- 50,000.00 09290DAA9 4.74

BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
741,068.18 725,250.30 4,448.68 725,355.25 03/14/2403/06/24Aa3AA- 725,000.00 09290DAA9 4.69

ADOBE INC (CALLABLE)
DTD 04/04/2024 4.800% 04/04/2029
174,348.43 169,840.80 612.00 169,775.60 04/04/2404/02/24A1A+ 170,000.00 00724PAF6 4.83

Page 10 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed Account Detail of Securities Held

ADOBE INC (CALLABLE)
DTD 04/04/2024 4.800% 04/04/2029
210,243.70 204,783.09 738.00 204,694.55 04/04/2404/01/24A1A+ 205,000.00 00724PAF6 4.83

WELLS FARGO & COMPANY (CALLABLE)
DTD 04/23/2025 4.970% 04/23/2029
112,001.67 110,073.79 121.49 110,088.00 04/23/2504/16/25A1BBB+ 110,000.00 95000U3T8 4.95

WELLS FARGO & COMPANY (CALLABLE)
DTD 04/23/2025 4.970% 04/23/2029
295,277.13 290,000.00 320.29 290,000.00 04/23/2504/15/25A1BBB+ 290,000.00 95000U3T8 4.97

BANK OF AMERICA CORP (CALLABLE)
DTD 05/09/2025 4.623% 05/09/2029
607,218.60 600,000.00 13,252.60 600,000.00 05/09/2505/06/25A1A- 600,000.00 06051GMT3 4.62

HOME DEPOT INC (CALLABLE)
DTD 06/25/2024 4.750% 06/25/2029
127,993.00 124,392.79 2,078.13 124,193.75 06/25/2406/17/24A2A 125,000.00 437076DC3 4.90

HOME DEPOT INC (CALLABLE)
DTD 06/25/2024 4.750% 06/25/2029
255,986.00 248,966.88 4,156.25 248,627.50 06/25/2406/18/24A2A 250,000.00 437076DC3 4.88

AMERICAN HONDA FINANCE
DTD 09/05/2024 4.400% 09/05/2029
402,930.00 399,622.14 2,737.78 399,520.00 09/05/2409/03/24A3A- 400,000.00 02665WFQ9 4.43

MARS INC (CALLABLE)
DTD 03/12/2025 4.800% 03/01/2030
117,475.95 114,890.14 920.00 114,875.80 03/12/2503/05/25A2A 115,000.00 571676AY1 4.83

STATE STREET CORP (CALLABLE)
DTD 04/24/2025 4.834% 04/24/2030
205,421.80 200,000.00 187.99 200,000.00 04/24/2504/22/25Aa3A 200,000.00 857477DB6 4.83

PACCAR FINANCIAL CORP
DTD 05/08/2025 4.550% 05/08/2030
407,329.20 399,434.37 8,746.11 399,380.00 05/08/2505/05/25A1A+ 400,000.00 69371RT71 4.59

ANALOG DEVICES INC (CALLABLE)
DTD 06/16/2025 4.500% 06/15/2030
405,944.80 399,673.01 6,750.00 399,648.00 06/16/2506/12/25A2A- 400,000.00 032654BE4 4.52 100,724.44 11,492,016.34 11,347,185.41 4.33 11,247,128.90 11,410,000.00 Security Type Sub-Total Certificate of Deposit

NORDEA BANK ABP NEW YORK
DTD 11/03/2022 5.530% 11/03/2025
449,780.85 450,000.00 12,304.25 450,000.00 11/03/2211/02/22P-1A-1+ 450,000.00 65558UYF3 5.53 12,304.25 449,780.85 450,000.00 5.53 450,000.00 450,000.00 Security Type Sub-Total

Page 11 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed Account Detail of Securities Held

MORGAN STANLEY BANK NA (CALLABLE)
DTD 07/19/2024 4.968% 07/14/2028
532,304.33 525,309.07 7,752.15 525,525.00 07/19/2407/18/24Aa3A+ 525,000.00 61690U8E3 4.94 7,752.15 532,304.33 525,309.07 4.94 525,525.00 525,000.00 Security Type Sub-Total Asset-Backed Security
CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
33,639.45 33,653.07 59.38 33,652.52 07/20/2207/12/22NRAAA 33,653.32 14318MAD1 3.97 NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
39,626.01 39,587.85 78.48 39,582.38 09/28/2209/20/22AaaAAA 39,590.58 65480JAC4 4.46 GMCAR 2022-4 A3
DTD 10/12/2022 4.820% 08/16/2027
62,121.19 62,010.40 124.55 62,003.99 10/12/2210/04/22NRAAA 62,014.15 36265QAD8 4.82 TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
105,686.89 105,462.23 217.02 105,462.20 01/30/2301/24/23NRAAA 105,462.25 891940AC2 4.63 HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
65,277.37 65,098.77 146.12 65,095.11 02/23/2302/13/23AaaNR 65,101.66 41285JAD0 5.05 FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
61,764.31 61,624.79 127.36 61,621.38 03/31/2303/28/23NRAAA 61,627.81 344928AD8 4.65 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
203,090.52 201,578.41 393.85 201,558.12 08/22/2308/15/23NRAAA 201,599.69 43815QAC1 5.42 DCENT 2023-A1 A
DTD 04/11/2023 4.310% 03/15/2028
320,179.84 319,991.06 612.98 319,981.44 04/11/2304/04/23AaaNR 320,000.00 254683CY9 4.31 BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
170,672.01 169,980.11 361.91 169,961.51 06/16/2306/08/23NRAAA 170,000.00 05522RDG0 4.79 AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
190,818.33 189,991.30 411.24 189,983.15 06/14/2306/07/23NRAAA 190,000.00 02582JJZ4 4.87 COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
490,910.91 489,942.66 962.58 489,887.64 05/24/2305/17/23NRAAA 490,000.00 14041NGD7 4.42 DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
351,899.45 349,975.02 766.89 349,952.72 06/28/2306/21/23AaaAAA 350,000.00 254683CZ6 4.93

Page 12 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed 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 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
70,151.68 69,407.88 109.33 69,402.96 11/08/2311/01/23AaaNR 69,415.18 438123AC5 5.67 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
245,014.06 242,994.05 597.25 242,987.42 08/23/2308/15/23AaaAAA 243,002.49 31680EAD3 5.53 CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
409,096.58 404,932.03 928.80 404,887.73 09/15/2309/07/23NRAAA 405,000.00 161571HT4 5.17 AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
414,393.15 409,989.09 953.02 409,981.67 09/19/2309/12/23NRAAA 410,000.00 02582JKD1 5.23 PILOT 2025-1A A3
DTD 05/21/2025 4.610% 10/20/2028
100,940.70 99,990.86 140.86 99,989.29 05/21/2505/14/25NRAAA 100,000.00 73329KAD8 4.61 BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
181,834.74 179,984.80 398.40 179,975.83 12/14/2312/07/23AaaNR 180,000.00 05522RDH8 4.98 AMXCA 2024-1 A
DTD 04/23/2024 5.230% 04/16/2029
504,180.76 494,898.53 1,150.60 494,898.53 04/23/2404/16/24NRAAA 495,000.00 02582JKH2 5.23 HAROT 2025-2 A3
DTD 05/08/2025 4.150% 10/15/2029
115,391.23 114,988.69 212.11 114,987.15 05/08/2504/29/25AaaNR 115,000.00 437921AD1 4.15 BAAT 2025-1A A3
DTD 05/12/2025 4.350% 11/20/2029
80,367.52 79,995.25 106.33 79,994.48 05/12/2505/06/25AaaNR 80,000.00 05594BAD8 4.35 MBART 2025-1 A3
DTD 01/23/2025 4.780% 12/17/2029
556,081.35 553,276.45 1,168.44 553,673.83 04/09/2504/08/25AaaNR 550,000.00 58773DAD6 4.62 VZMT 2025-3 A1A
DTD 03/31/2025 4.510% 03/20/2030
417,923.68 414,985.16 571.89 414,982.16 03/31/2503/25/25AaaNR 415,000.00 92348KDY6 4.51 GMCAR 2025-2 A3
DTD 05/14/2025 4.280% 04/16/2030
90,563.22 89,987.97 160.50 89,986.75 05/14/2505/06/25AaaAAA 90,000.00 362549AD9 4.28 BACCT 2025-A1 A
DTD 06/12/2025 4.310% 05/15/2030
252,855.75 250,000.00 478.89 249,999.05 06/12/2506/05/25NRAAA 250,000.00 05522RDK1 4.31 WFCIT 2025-A1 A
DTD 06/10/2025 4.340% 05/15/2030
490,515.91 484,994.02 935.51 484,991.95 06/10/2506/03/25NRAAA 485,000.00 92970QAJ4 4.34

Page 13 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed 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
CCCIT 2025-A1 A
DTD 06/26/2025 4.300% 06/21/2030
555,557.75 549,860.30 8,211.81 549,850.79 06/26/2506/18/25AaaAAA 550,000.00 17305EHA6 4.31 20,386.10 6,580,554.36 6,529,180.75 4.74 6,529,331.75 6,526,467.13 Security Type Sub-Total 55,697,510.57 54,281,305.96 4.23 429,550.88 54,749,812.66 55,348,130.94 Managed Account Sub-Total Joint Powers Authority
CAMP Pool 1,124,172.64 1,124,172.64 0.00 1,124,172.64 NRAAAm 1,124,172.64 1,124,172.64 1,124,172.64 0.00 1,124,172.64 1,124,172.64 Liquid Sub-Total $56,821,683.21 $55,405,478.60 $429,550.88 $55,873,985.30 $56,472,303.58 4.23% $56,901,854.46
$429,550.88
Total Investments
Accrued Interest
Securities Sub-Total

Page 14 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed 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
(76.13) 3,246.62 73,688.03 98.25 JPMorgan 75,000.00 912828U24US TREASURY N/B DTD 11/15/2016 2.000% 11/15/2026

3.74 1.01
4,791.91 13,060.45 211,702.05 94.09 BMO 225,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028

3.62 2.57
(129.16) 30,280.69 1,199,644.95 94.09 MorganSt 1,275,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028

3.62 2.57
11,231.23 49,206.46 1,223,167.40 94.09 BMO 1,300,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028

3.62 2.57
(4,807.94) 46,686.45 2,258,155.20 94.09 BMO 2,400,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028

3.62 2.57
55,093.84 163,350.29 2,728,604.20 94.09 BMO 2,900,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028

3.62 2.57
18,549.33 22,546.65 1,204,640.40 100.39 Citigrou 1,200,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028

3.63 2.92
29,838.03 35,663.81 1,380,317.13 100.39 MorganSt 1,375,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028

3.63 2.92
30,671.93 36,010.47 1,480,703.83 100.39 JPMorgan 1,475,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028

3.63 2.92
37,141.69 44,280.76 2,610,054.20 100.39 MorganSt 2,600,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028

3.63 2.92
2,013.62 2,859.11 591,913.80 98.65 Citigrou 600,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029

3.66 3.38
6,717.12 9,456.64 887,870.70 98.65 BMO 900,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029

3.66 3.38
10,033.38 12,304.29 887,870.70 98.65 BMO 900,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029

3.66 3.38
8,996.80 10,297.45 912,533.78 98.65 Citigrou 925,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029

3.66 3.38
431.08 2,987.62 1,479,784.50 98.65 Citigrou 1,500,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029

3.66 3.38
37,182.56 49,168.76 2,614,285.95 98.65 MorganSt 2,650,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029

3.66 3.38
3,565.16 5,787.36 3,847,439.70 98.65 RBC Capi 3,900,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029

3.66 3.38

Page 15 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed 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
(234.33)(570.86) 996,671.33 102.22 HSBC 975,000.00 91282CMG3US TREASURY N/B DTD 01/31/2025 4.250% 01/31/2030

3.69 3.83
536,623.02 3.64 251,010.12 26,589,047.85 27,175,000.00 Security Type Sub-Total 3.04 Municipal Bond / Note

0.00 0.00 85,000.00 100.00 JPMorgan 85,000.00 13077DQD7CALIFORNIA ST UNIV-B DTD 07/29/2021 0.862% 11/01/2025

0.00 0.00
2,735.00 2,735.00 202,735.00 101.37 WellsFar 200,000.00 13063D3N6CA ST DTD 03/15/2023 4.846% 03/01/2027

3.79 1.27
2,735.00 2.67 2,735.00 287,735.00 285,000.00 Security Type Sub-Total 0.90 Federal Agency Commercial Mortgage-Backed Security
(237.41) 7,147.92 193,787.34 99.53 RobertBa 194,701.27 3137BNGT5FHMS K054 A2 DTD 04/01/2016 2.745% 01/01/2026

4.15 0.21
(700.57) 16,846.16 543,686.00 98.85 BREAN 550,000.00 3137BSP72FHMS K058 A2 DTD 11/01/2016 2.653% 08/01/2026

3.93 0.76
(92.18) 7,691.93 360,111.57 99.04 Citigrou 363,612.07 3137BTUM1FHMS K061 A2 DTD 01/01/2017 3.347% 11/01/2026

4.11 0.96
6,631.51 25,704.66 544,509.35 99.00 MorganSt 550,000.00 3137BXQY1FHMS K064 A2 DTD 05/01/2017 3.224% 03/01/2027

3.89 1.19
3,036.64 17,192.90 544,226.10 98.95 Citigrou 550,000.00 3137F1G44FHMS K065 A2 DTD 07/01/2017 3.243% 04/01/2027

3.87 1.34
6,183.10 6,185.23 386,788.22 101.62 JPMorgan 380,606.04 3137HBC69FHMS KJ48 A1 DTD 12/01/2023 4.858% 05/01/2028

3.99 2.11
3,281.06 3,286.00 434,457.16 100.76 JPMorgan 431,181.91 3137HAD45FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028

4.12 1.56
8,115.14 5,574.25 561,067.65 102.01 JPMorgan 550,000.00 3137HACX2FHMS K505 A2 DTD 07/01/2023 4.819% 06/01/2028

3.89 2.36
5,988.22 10,007.64 526,216.31 100.21 JPMorgan 525,110.95 3136BQDE6FNA 2023-M6 A2 DTD 07/01/2023 4.181% 07/01/2028

4.03 2.49
16,124.91 20,371.00 509,403.00 101.88 BMO 500,000.00 3137HAQ74FHMS K508 A2 DTD 10/01/2023 4.740% 08/01/2028

3.93 2.53

Page 16 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed 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 Commercial Mortgage-Backed Security
20,156.20 24,880.80 813,046.40 101.63 WellsFar 800,000.00 3137HAMH6FHMS K506 A2 DTD 09/01/2023 4.650% 08/01/2028

3.93 2.50
15,996.09 20,355.37 383,399.25 102.24 MorganSt 375,000.00 3137HAST4FHMS K509 A2 DTD 10/01/2023 4.850% 09/01/2028

3.93 2.61
14,043.73 16,302.50 510,326.00 102.07 BOFAML 500,000.00 3137HAMS2FHMS K507 A2 DTD 09/01/2023 4.800% 09/01/2028

3.93 2.56
5,467.63 5,656.86 185,136.48 102.85 JPMorgan 180,000.00 3137HB3D4FHMS K510 A2 DTD 11/01/2023 5.069% 10/01/2028

3.93 2.64
6,995.98 7,280.07 281,490.00 102.36 BOFAML 275,000.00 3137HB3G7FHMS K511 A2 DTD 12/01/2023 4.860% 10/01/2028

3.92 2.67
2,749.96 1,795.39 294,695.10 101.62 JPMorgan 290,000.00 3137HBLV4FHMS K514 A2 DTD 02/01/2024 4.572% 12/01/2028

3.93 2.76
7,667.04 7,051.00 449,753.04 102.22 PIER 440,000.00 3137HDV56FHMS K524 A2 DTD 07/01/2024 4.720% 05/01/2029

3.99 3.20
12,858.34 12,859.95 548,689.56 102.40 MorganSt 535,831.22 3137HDJJ0FHMS K522 A2 DTD 06/01/2024 4.803% 05/01/2029

3.98 3.07
4,857.95 3,817.94 503,448.17 101.71 BMO 495,000.00 3137HDXL9FHMS K526 A2 DTD 08/01/2024 4.543% 07/01/2029

4.00 3.35
2,722.69 2,723.46 192,716.81 101.43 JPMorgan 190,000.00 3137HKXJ8FHMS K539 A2 DTD 04/01/2025 4.410% 01/01/2030

4.00 3.78
222,731.03 3.96 141,846.03 8,766,953.51 8,676,043.44 Security Type Sub-Total 2.23 Federal Agency Bond / Note
(253.52) 2,065.70 649,738.70 99.96 Barclays 650,000.00 3135G06G3FANNIE MAE DTD 11/12/2020 0.500% 11/07/2025

4.38 0.02
2,065.70 4.38 (253.52) 649,738.70 650,000.00 Security Type Sub-Total 0.02 Corporate Note
(3,352.73)(3,003.52) 221,604.98 98.49 04/15/26Citigrou 225,000.00 91324PEC2UNITEDHEALTH GROUP INC (CALLABLE) DTD 05/19/2021 1.150% 05/15/2026

4.07 0.53
(3,832.69)(3,788.40) 171,159.10 97.81 07/12/26SUMITR 175,000.00 05565EBW4BMW US CAPITAL LLC (CALLABLE) DTD 08/12/2021 1.250% 08/12/2026

4.14 0.77

Page 17 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed 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
(5,297.56)(4,431.60) 219,432.15 97.53 JPMorgan 225,000.00 14913R2U0CATERPILLAR FINL SERVICE DTD 01/10/2022 1.700% 01/08/2027

3.86 1.15
(862.72)(811.20) 39,120.80 97.80 12/15/26Citigrou 40,000.00 87612EBM7TARGET CORP (CALLABLE) DTD 01/24/2022 1.950% 01/15/2027

3.83 1.17
(10,239.83)(9,446.32) 464,499.18 97.79 12/24/26Deutsche 475,000.00 06406RBA4BANK OF NY MELLON CORP (CALLABLE) DTD 01/26/2022 2.050% 01/26/2027

3.90 1.19
4,952.96 23,885.25 745,827.75 99.44 11/06/26GoldmanS 750,000.00 594918BY9MICROSOFT CORP (CALLABLE) DTD 02/06/2017 3.300% 02/06/2027

3.73 1.13
2,059.89 17,447.10 294,650.10 98.22 02/01/27RBS 300,000.00 025816CS6AMERICAN EXPRESS CO (CALLABLE) DTD 03/04/2022 2.550% 03/04/2027

3.93 1.29
(6,993.76)(531.05) 465,557.95 98.01 02/15/27SEEL 475,000.00 084664CZ2BERKSHIRE HATHAWAY FIN (CALLABLE) DTD 03/15/2022 2.300% 03/15/2027

3.80 1.32
2,470.98 12,347.70 297,272.70 99.09 01/01/27Barclays 300,000.00 808513BW4CHARLES SCHWAB CORP (CALLABLE) DTD 09/24/2021 3.300% 04/01/2027

3.99 1.29
4,378.78 11,785.50 500,110.50 100.02 CAS 500,000.00 63254ABE7NATIONAL AUSTRALIA BK/NY DTD 06/09/2022 3.905% 06/09/2027

3.90 1.52
1,500.57 21,793.78 762,856.53 98.43 06/12/27TD Secur 775,000.00 037833DB3APPLE INC (CALLABLE) DTD 09/12/2017 2.900% 09/12/2027

3.77 1.73
4,845.14 4,135.13 380,417.63 101.44 WellsFar 375,000.00 89236TKQ7TOYOTA MOTOR CREDIT CORP DTD 01/12/2023 4.625% 01/12/2028

3.92 2.05
5,074.20 16,371.60 345,560.60 98.73 11/07/27MorganSt 350,000.00 637432NP6NATIONAL RURAL UTIL COOP (CALLABLE) DTD 02/07/2018 3.400% 02/07/2028

4.00 2.07
355.63 (720.29) 86,323.11 101.56 01/15/28JPMorgan 85,000.00 882508BV5TEXAS INSTRUMENTS INC (CALLABLE) DTD 11/18/2022 4.600% 02/15/2028

3.87 2.09
7,673.49 16,602.00 374,865.75 99.96 11/20/27MAXE 375,000.00 110122DE5BRISTOL-MYERS SQUIBB CO (CALLABLE) DTD 07/15/2020 3.900% 02/20/2028

3.89 2.06
710.47 763.32 60,655.32 101.09 04/15/28Barclays 60,000.00 539830BZ1LOCKHEED MARTIN CORP (CALLABLE) DTD 05/25/2023 4.450% 05/15/2028

4.00 2.29
8,487.67 7,180.88 385,045.88 102.68 Citigrou 375,000.00 24422EXB0JOHN DEERE CAPITAL CORP DTD 07/14/2023 4.950% 07/14/2028

3.90 2.48
38,545.15 39,964.50 786,244.50 104.83 08/29/28Barclays 750,000.00 17325FBB3CITIBANK NA (CALLABLE) DTD 09/29/2023 5.803% 09/29/2028

4.02 2.60
6,328.16 6,473.26 346,021.06 101.77 01/08/29Barclays 340,000.00 009158BH8AIR PRODUCTS & CHEMICALS (CALLABLE) DTD 02/08/2024 4.600% 02/08/2029

4.00 2.95

Page 18 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed 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
10,544.70 10,591.14 430,444.14 102.49 01/26/29Citigrou 420,000.00 17275RBR2CISCO SYSTEMS INC (CALLABLE) DTD 02/26/2024 4.850% 02/26/2029

4.02 2.98
1,171.28 1,198.65 51,108.15 102.22 02/14/29Citigrou 50,000.00 09290DAA9BLACKROCK FUNDING INC (CALLABLE) DTD 03/14/2024 4.700% 03/14/2029

3.99 3.04
15,817.88 15,712.93 741,068.18 102.22 02/14/29BOFAML 725,000.00 09290DAA9BLACKROCK FUNDING INC (CALLABLE) DTD 03/14/2024 4.700% 03/14/2029

3.99 3.04
4,507.63 4,572.83 174,348.43 102.56 03/04/29SEEL 170,000.00 00724PAF6ADOBE INC (CALLABLE) DTD 04/04/2024 4.800% 04/04/2029

3.97 3.08
5,460.61 5,549.15 210,243.70 102.56 03/04/29BOFAML 205,000.00 00724PAF6ADOBE INC (CALLABLE) DTD 04/04/2024 4.800% 04/04/2029

3.97 3.08
1,927.88 1,913.67 112,001.67 101.82 04/23/28SEEL 110,000.00 95000U3T8WELLS FARGO & COMPANY (CALLABLE) DTD 04/23/2025 4.970% 04/23/2029

4.58 2.31
5,277.13 5,277.13 295,277.13 101.82 04/23/28WellsFar 290,000.00 95000U3T8WELLS FARGO & COMPANY (CALLABLE) DTD 04/23/2025 4.970% 04/23/2029

4.58 2.31
7,218.60 7,218.60 607,218.60 101.20 05/09/28BOFAML 600,000.00 06051GMT3BANK OF AMERICA CORP (CALLABLE) DTD 05/09/2025 4.623% 05/09/2029

4.46 2.31
3,600.21 3,799.25 127,993.00 102.39 05/25/29MorganSt 125,000.00 437076DC3HOME DEPOT INC (CALLABLE) DTD 06/25/2024 4.750% 06/25/2029

4.02 3.23
7,019.12 7,358.50 255,986.00 102.39 05/25/29PNCBank 250,000.00 437076DC3HOME DEPOT INC (CALLABLE) DTD 06/25/2024 4.750% 06/25/2029

4.02 3.23
3,307.86 3,410.00 402,930.00 100.73 Deutsche 400,000.00 02665WFQ9AMERICAN HONDA FINANCE DTD 09/05/2024 4.400% 09/05/2029

4.18 3.48
2,585.81 2,600.15 117,475.95 102.15 02/01/30BOFAML 115,000.00 571676AY1MARS INC (CALLABLE) DTD 03/12/2025 4.800% 03/01/2030

4.23 3.82
5,421.80 5,421.80 205,421.80 102.71 03/24/30MorganSt 200,000.00 857477DB6STATE STREET CORP (CALLABLE) DTD 04/24/2025 4.834% 04/24/2030

4.15 3.96
7,894.83 7,949.20 407,329.20 101.83 TD Secur 400,000.00 69371RT71PACCAR FINANCIAL CORP DTD 05/08/2025 4.550% 05/08/2030

4.11 3.97
6,271.79 6,296.80 405,944.80 101.49 05/15/30BOFAML 400,000.00 032654BE4ANALOG DEVICES INC (CALLABLE) DTD 06/16/2025 4.500% 06/15/2030

4.15 4.04
244,887.44 4.00 144,830.93 11,492,016.34 11,410,000.00 Security Type Sub-Total 2.30 Certificate of Deposit

Page 19 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed 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
Certificate of Deposit
(219.15)(219.15) 449,780.85 99.95 WellsFar 450,000.00 65558UYF3NORDEA BANK ABP NEW YORK DTD 11/03/2022 5.530% 11/03/2025

13.61 0.01
(219.15) 13.61 (219.15) 449,780.85 450,000.00 Security Type Sub-Total 0.01 Bank Note
6,995.26 6,779.33 532,304.33 101.39 07/14/27Citigrou 525,000.00 61690U8E3MORGAN STANLEY BANK NA (CALLABLE) DTD 07/19/2024 4.968% 07/14/2028

4.51 1.60
6,779.33 4.51 6,995.26 532,304.33 525,000.00 Security Type Sub-Total 1.60 Asset-Backed Security
(13.62)(13.07) 33,639.45 99.96 RBC Capi 33,653.32 14318MAD1CARMX 2022-3 A3 DTD 07/20/2022 3.970% 04/15/2027

4.12 0.17

38.16 43.63 39,626.01 100.09 WellsFar 39,590.58 65480JAC4NAROT 2022-B A3 DTD 09/28/2022 4.460% 05/17/2027

4.13 0.29
110.79 117.20 62,121.19 100.17 RBC Capi 62,014.15 36265QAD8GMCAR 2022-4 A3 DTD 10/12/2022 4.820% 08/16/2027

4.00 0.22
224.66 224.69 105,686.89 100.21 BOFAML 105,462.25 891940AC2TAOT 2023-A A3 DTD 01/30/2023 4.630% 09/15/2027

4.08 0.41
178.60 182.26 65,277.37 100.27 JPMorgan 65,101.66 41285JAD0HDMOT 2023-A A3 DTD 02/23/2023 5.050% 12/15/2027

4.28 0.35
139.52 142.93 61,764.31 100.22 BNPPSA 61,627.81 344928AD8FORDO 2023-A A3 DTD 03/31/2023 4.650% 02/15/2028

4.17 0.46
1,512.11 1,532.40 203,090.52 100.74 BOFAML 201,599.69 43815QAC1HAROT 2023-3 A3 DTD 08/22/2023 5.410% 02/18/2028

4.15 0.58
188.78 198.40 320,179.84 100.06 RBC Capi 320,000.00 254683CY9DCENT 2023-A1 A DTD 04/11/2023 4.310% 03/15/2028

4.15 0.36
691.90 710.50 170,672.01 100.40 BOFAML 170,000.00 05522RDG0BACCT 2023-A1 A1 DTD 06/16/2023 4.790% 05/15/2028

4.04 0.52
827.03 835.18 190,818.33 100.43 RBC Capi 190,000.00 02582JJZ4AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028

4.06 0.52
968.25 1,023.27 490,910.91 100.19 RBC Capi 490,000.00 14041NGD7COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028

4.06 0.52

Page 20 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed 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
1,924.43 1,946.73 351,899.45 100.54 BOFAML 350,000.00 254683CZ6DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028

4.04 0.60
743.80 748.72 70,151.68 101.06 JPMorgan 69,415.18 438123AC5HAROT 2023-4 A3 DTD 11/08/2023 5.670% 06/21/2028

4.23 0.73
2,020.01 2,026.64 245,014.06 100.83 JPMorgan 243,002.49 31680EAD3FITAT 2023-1 A3 DTD 08/23/2023 5.530% 08/15/2028

4.26 0.64
4,164.55 4,208.85 409,096.58 101.01 JPMorgan 405,000.00 161571HT4CHAIT 2023-A1 A DTD 09/15/2023 5.160% 09/15/2028

4.01 0.84
4,404.06 4,411.48 414,393.15 101.07 Citigrou 410,000.00 02582JKD1AMXCA 2023-3 A DTD 09/19/2023 5.230% 09/15/2028

3.98 0.84
949.84 951.41 100,940.70 100.94 Barclays 100,000.00 73329KAD8PILOT 2025-1A A3 DTD 05/21/2025 4.610% 10/20/2028

4.06 1.60
1,849.94 1,858.91 181,834.74 101.02 BOFAML 180,000.00 05522RDH8BACCT 2023-A2 A2 DTD 12/14/2023 4.980% 11/15/2028

3.98 0.99
9,282.23 9,282.23 504,180.76 101.85 Barclays 495,000.00 02582JKH2AMXCA 2024-1 A DTD 04/23/2024 5.230% 04/16/2029

3.93 1.38
402.54 404.08 115,391.23 100.34 JPMorgan 115,000.00 437921AD1HAROT 2025-2 A3 DTD 05/08/2025 4.150% 10/15/2029

3.99 1.77
372.27 373.04 80,367.52 100.46 BOFAML 80,000.00 05594BAD8BAAT 2025-1A A3 DTD 05/12/2025 4.350% 11/20/2029

3.97 1.53
2,804.90 2,407.52 556,081.35 101.11 WellsFar 550,000.00 58773DAD6MBART 2025-1 A3 DTD 01/23/2025 4.780% 12/17/2029

4.00 1.35
2,938.52 2,941.52 417,923.68 100.70 BOFAML 415,000.00 92348KDY6VZMT 2025-3 A1A DTD 03/31/2025 4.510% 03/20/2030

4.20 1.84
575.25 576.47 90,563.22 100.63 TD Secur 90,000.00 362549AD9GMCAR 2025-2 A3 DTD 05/14/2025 4.280% 04/16/2030

3.97 1.82
2,855.75 2,856.70 252,855.75 101.14 BOFAML 250,000.00 05522RDK1BACCT 2025-A1 A DTD 06/12/2025 4.310% 05/15/2030

3.87 2.36
5,521.89 5,523.96 490,515.91 101.14 WellsFar 485,000.00 92970QAJ4WFCIT 2025-A1 A DTD 06/10/2025 4.340% 05/15/2030

3.90 2.36
5,697.45 5,706.96 555,557.75 101.01 Citigrou 550,000.00 17305EHA6CCCIT 2025-A1 A DTD 06/26/2025 4.300% 06/21/2030

3.90 2.44
51,222.61 4.03 51,373.61 6,580,554.36 6,526,467.13 Security Type Sub-Total 1.23

Page 21 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed 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
55,697,510.57 55,348,130.94 1,066,824.98 598,318.28 3.91 Managed Account Sub-Total 2.46 Joint Powers Authority

0.00 0.00 1,124,172.64 1.00 1,124,172.64 CAMP Pool 0.00 1,124,172.64 1,124,172.64 0.00 0.00 Liquid Sub-Total 0.00 Total Investments $56,901,854.46
$429,550.88
$56,472,303.58
Accrued Interest
Securities Sub-Total $56,821,683.21 $1,066,824.98 $598,318.28 3.91% 2.46

Page 22 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed 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
BUY
10/06/25 US TREASURY N/B
DTD 01/31/2025 4.250% 01/31/2030
91282CMG3 (997,242.19) (7,544.33) (1,004,786.52) 975,000.00 10/01/25 (7,544.33) (1,004,786.52)(997,242.19) 975,000.00 Transaction Type Sub-Total

INTEREST
10/01/25 CHARLES SCHWAB CORP (CALLABLE)
DTD 09/24/2021 3.300% 04/01/2027
808513BW4 0.00 4,950.00 4,950.00 10/01/25
10/25/25 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
3137HBLV4 0.00 1,104.90 1,104.90 10/01/25
10/25/25 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
3137HAQ74 0.00 1,975.00 1,975.00 10/01/25
10/25/25 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
3137HAST4 0.00 1,515.63 1,515.63 10/01/25
10/25/25 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
3137HB3G7 0.00 1,113.75 1,113.75 10/01/25
10/25/25 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
3137HAD45 0.00 1,718.70 1,718.70 10/01/25
10/25/25 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
3137HDXL9 0.00 1,873.99 1,873.99 10/01/25
10/25/25 FHMS K064 A2
DTD 05/01/2017 3.224% 03/01/2027
3137BXQY1 0.00 1,477.67 1,477.67 10/01/25
10/25/25 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
3137HAMH6 0.00 3,100.00 3,100.00 10/01/25
10/25/25 FNA 2023-M6 A2
DTD 07/01/2023 4.181% 07/01/2028
3136BQDE6 0.00 1,829.99 1,829.99 10/01/25
10/25/25 FHMS K539 A2
DTD 04/01/2025 4.410% 01/01/2030
3137HKXJ8 0.00 698.25 698.25 10/01/25
10/25/25 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
3137HAMS2 0.00 2,000.00 2,000.00 10/01/25
10/25/25 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
3137HB3D4 0.00 760.35 760.35 10/01/25
10/25/25 FHMS K058 A2
DTD 11/01/2016 2.653% 08/01/2026
3137BSP72 0.00 1,215.96 1,215.96 10/01/25

Page 23 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed Account Security Transactions & Interest

INTEREST
10/25/25 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
3137HDV56 0.00 1,730.67 1,730.67 10/01/25
10/25/25 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
3137HACX2 0.00 2,208.71 2,208.71 10/01/25
10/25/25 FHMS K522 A2
DTD 06/01/2024 4.803% 05/01/2029
3137HDJJ0 0.00 2,144.92 2,144.92 10/01/25
10/25/25 FHMS K054 A2
DTD 04/01/2016 2.745% 01/01/2026
3137BNGT5 0.00 536.57 536.57 10/01/25
10/25/25 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
3137BTUM1 0.00 1,015.29 1,015.29 10/01/25
10/25/25 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
3137HBC69 0.00 1,545.96 1,545.96 10/01/25
10/25/25 FHMS K065 A2
DTD 07/01/2017 3.243% 04/01/2027
3137F1G44 0.00 1,486.38 1,486.38 10/01/25
10/04/25 ADOBE INC (CALLABLE)
DTD 04/04/2024 4.800% 04/04/2029
00724PAF6 0.00 9,000.00 9,000.00 10/04/25
10/15/25 WFCIT 2025-A1 A
DTD 06/10/2025 4.340% 05/15/2030
92970QAJ4 0.00 1,754.08 1,754.08 10/15/25
10/15/25 CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
14318MAD1 0.00 139.52 139.52 10/15/25
10/15/25 DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
254683CZ6 0.00 1,437.92 1,437.92 10/15/25
10/15/25 DCENT 2023-A1 A
DTD 04/11/2023 4.310% 03/15/2028
254683CY9 0.00 1,149.33 1,149.33 10/15/25
10/15/25 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
31680EAD3 0.00 1,209.43 1,209.43 10/15/25
10/15/25 HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
41285JAD0 0.00 308.24 308.24 10/15/25
10/15/25 AMXCA 2024-1 A
DTD 04/23/2024 5.230% 04/16/2029
02582JKH2 0.00 2,157.37 2,157.37 10/15/25
10/15/25 TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
891940AC2 0.00 451.98 451.98 10/15/25
10/15/25 BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
05522RDG0 0.00 678.58 678.58 10/15/25

Page 24 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed Account Security Transactions & Interest

INTEREST
10/15/25 AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
02582JJZ4 0.00 771.08 771.08 10/15/25
10/15/25 COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
14041NGD7 0.00 1,804.83 1,804.83 10/15/25
10/15/25 MBART 2025-1 A3
DTD 01/23/2025 4.780% 12/17/2029
58773DAD6 0.00 2,190.83 2,190.83 10/15/25
10/15/25 COMET 2022-A3 A
DTD 11/03/2022 4.950% 10/15/2027
14041NGB1 0.00 1,010.63 1,010.63 10/15/25
10/15/25 BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
05522RDH8 0.00 747.00 747.00 10/15/25
10/15/25 FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
344928AD8 0.00 263.76 263.76 10/15/25
10/15/25 AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
02582JKD1 0.00 1,786.92 1,786.92 10/15/25
10/15/25 NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
65480JAC4 0.00 169.44 169.44 10/15/25
10/15/25 BACCT 2025-A1 A
DTD 06/12/2025 4.310% 05/15/2030
05522RDK1 0.00 897.92 897.92 10/15/25
10/15/25 HAROT 2025-2 A3
DTD 05/08/2025 4.150% 10/15/2029
437921AD1 0.00 397.71 397.71 10/15/25
10/15/25 CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
161571HT4 0.00 1,741.50 1,741.50 10/15/25
10/16/25 GMCAR 2025-2 A3
DTD 05/14/2025 4.280% 04/16/2030
362549AD9 0.00 321.00 321.00 10/16/25
10/16/25 GMCAR 2022-4 A3
DTD 10/12/2022 4.820% 08/16/2027
36265QAD8 0.00 298.94 298.94 10/16/25
10/18/25 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
43815QAC1 0.00 989.31 989.31 10/18/25
10/20/25 VZMT 2025-3 A1A
DTD 03/31/2025 4.510% 03/20/2030
92348KDY6 0.00 1,559.71 1,559.71 10/20/25
10/20/25 BAAT 2025-1A A3
DTD 05/12/2025 4.350% 11/20/2029
05594BAD8 0.00 290.00 290.00 10/20/25
10/20/25 PILOT 2025-1A A3
DTD 05/21/2025 4.610% 10/20/2028
73329KAD8 0.00 384.17 384.17 10/20/25

Page 25 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed Account Security Transactions & Interest

INTEREST
10/21/25 HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
438123AC5 0.00 351.53 351.53 10/21/25
10/23/25 WELLS FARGO & COMPANY
(CALLABLE)
DTD 04/23/2025 4.970% 04/23/2029
95000U3T8 0.00 9,940.00 9,940.00 10/23/25
10/24/25 STATE STREET CORP (CALLABLE)
DTD 04/24/2025 4.834% 04/24/2030
857477DB6 0.00 4,834.00 4,834.00 10/24/25
10/27/25 TORONTO DOMINION BANK NY
DTD 10/31/2022 5.600% 10/27/2025
89115B6K1 0.00 25,690.00 25,690.00 10/27/25
110,729.42 110,729.42 0.00 Transaction Type Sub-Total

MATURITY
10/27/25 TORONTO DOMINION BANK NY
DTD 10/31/2022 5.600% 10/27/2025
89115B6K1 450,000.00 0.00 450,000.00 0.00 0.00 450,000.00 10/27/25

0.00 0.00 0.00 450,000.00 450,000.00 450,000.00 Transaction Type Sub-Total

PAYDOWNS
10/25/25 FNA 2023-M6 A2
DTD 07/01/2023 4.181% 07/01/2028
3136BQDE6 59.76 0.00 59.76 1.01 0.57 59.76 10/01/25 10/25/25 FHMS K054 A2
DTD 04/01/2016 2.745% 01/01/2026
3137BNGT5 39,863.63 0.00 39,863.63 1,650.61 187.99 39,863.63 10/01/25 10/25/25 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
3137HBC69 1,268.54 0.00 1,268.54 0.01 0.01 1,268.54 10/01/25 10/25/25 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
3137HAD45 562.86 0.00 562.86 0.01 0.00 562.86 10/01/25 10/25/25 FHMS K522 A2
DTD 06/01/2024 4.803% 05/01/2029
3137HDJJ0 63.65 0.00 63.65 0.00 0.00 63.65 10/01/25 10/25/25 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
3137BTUM1 400.08 0.00 400.08 12.32 4.05 400.07 10/01/25 10/15/25 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
31680EAD3 19,441.89 0.00 19,441.89 1.20 0.69 19,441.89 10/15/25 10/15/25 HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
41285JAD0 8,144.62 0.00 8,144.62 0.82 0.37 8,144.62 10/15/25

Page 26 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Managed Account Security Transactions & Interest

PAYDOWNS
10/15/25 COMET 2022-A3 A
DTD 11/03/2022 4.950% 10/15/2027
14041NGB1 245,000.00 0.00 245,000.00 38.44 15.53 245,000.00 10/15/25 10/15/25 TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
891940AC2 11,681.01 0.00 11,681.01 0.01 0.00 11,681.01 10/15/25 10/15/25 FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
344928AD8 6,439.00 0.00 6,439.00 0.67 0.32 6,439.00 10/15/25 10/15/25 CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
14318MAD1 8,520.41 0.00 8,520.41 0.20 0.06 8,520.41 10/15/25 10/15/25 NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
65480JAC4 5,998.11 0.00 5,998.11 1.24 0.42 5,998.11 10/15/25 10/16/25 GMCAR 2022-4 A3
DTD 10/12/2022 4.820% 08/16/2027
36265QAD8 12,411.76 0.00 12,411.76 2.04 0.77 12,411.76 10/16/25 10/18/25 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
43815QAC1 17,841.60 0.00 17,841.60 3.68 1.91 17,841.60 10/18/25 10/21/25 HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
438123AC5 4,983.59 0.00 4,983.59 0.88 0.53 4,983.59 10/21/25

0.00 213.22 1,713.14 382,680.51 382,680.51 382,680.50 Transaction Type Sub-Total (164,561.68) 103,185.09 (61,376.59) 1,713.14 213.22 Managed Account Sub-Total Total Security Transactions $1,713.14 ($61,376.59)$103,185.09 ($164,561.68) $213.22

Page 27 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
1,187,493.79 Opening Balance
10/01/25 10/01/25 Purchase - Interest 808513BW4 1.00 4,950.00 1,192,443.79 10/06/25 10/06/25 Purchase - Interest 00724PAF6 1.00 9,000.00 1,201,443.79 10/06/25 10/06/25 Redemption - Principal 91282CMG3 1.00 (997,242.19) 204,201.60 10/06/25 10/06/25 Redemption - Interest 91282CMG3 1.00 (7,544.33) 196,657.27 10/15/25 10/15/25 Purchase - Interest 02582JJZ4 1.00 771.08 197,428.35 10/15/25 10/15/25 Purchase - Interest 02582JKD1 1.00 1,786.92 199,215.27 10/15/25 10/15/25 Purchase - Interest 02582JKH2 1.00 2,157.37 201,372.64 10/15/25 10/15/25 Purchase - Interest 05522RDG0 1.00 678.58 202,051.22 10/15/25 10/15/25 Purchase - Interest 05522RDH8 1.00 747.00 202,798.22 10/15/25 10/15/25 Purchase - Interest 05522RDK1 1.00 897.92 203,696.14 10/15/25 10/15/25 Purchase - Interest 14041NGB1 1.00 1,010.63 204,706.77 10/15/25 10/15/25 Purchase - Interest 14041NGD7 1.00 1,804.83 206,511.60 10/15/25 10/15/25 Purchase - Interest 14318MAD1 1.00 139.52 206,651.12 10/15/25 10/15/25 Purchase - Interest 161571HT4 1.00 1,741.50 208,392.62 10/15/25 10/15/25 Purchase - Interest 254683CY9 1.00 1,149.33 209,541.95 10/15/25 10/15/25 Purchase - Interest 254683CZ6 1.00 1,437.92 210,979.87 10/15/25 10/15/25 Purchase - Interest 31680EAD3 1.00 1,209.43 212,189.30 10/15/25 10/15/25 Purchase - Interest 344928AD8 1.00 263.76 212,453.06 10/15/25 10/15/25 Purchase - Interest 41285JAD0 1.00 308.24 212,761.30 10/15/25 10/15/25 Purchase - Interest 437921AD1 1.00 397.71 213,159.01 10/15/25 10/15/25 Purchase - Interest 58773DAD6 1.00 2,190.83 215,349.84

Page 28 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
10/15/25 10/15/25 Purchase - Interest 65480JAC4 1.00 169.44 215,519.28 10/15/25 10/15/25 Purchase - Interest 891940AC2 1.00 451.98 215,971.26 10/15/25 10/15/25 Purchase - Interest 92970QAJ4 1.00 1,754.08 217,725.34 10/15/25 10/15/25 Purchase - Principal 14318MAD1 1.00 8,520.41 226,245.75 10/15/25 10/15/25 Purchase - Principal 41285JAD0 1.00 8,144.62 234,390.37 10/15/25 10/15/25 Purchase - Principal 344928AD8 1.00 6,439.00 240,829.37 10/15/25 10/15/25 Purchase - Principal 65480JAC4 1.00 5,998.11 246,827.48 10/15/25 10/15/25 Purchase - Principal 31680EAD3 1.00 19,441.89 266,269.37 10/15/25 10/15/25 Purchase - Principal 891940AC2 1.00 11,681.01 277,950.38 10/15/25 10/15/25 Purchase - Principal 14041NGB1 1.00 245,000.00 522,950.38 10/16/25 10/16/25 Purchase - Interest 362549AD9 1.00 321.00 523,271.38 10/16/25 10/16/25 Purchase - Interest 36265QAD8 1.00 298.94 523,570.32 10/16/25 10/16/25 Purchase - Principal 36265QAD8 1.00 12,411.76 535,982.08 10/20/25 10/20/25 Purchase - Interest 05594BAD8 1.00 290.00 536,272.08 10/20/25 10/20/25 Purchase - Interest 43815QAC1 1.00 989.31 537,261.39 10/20/25 10/20/25 Purchase - Interest 73329KAD8 1.00 384.17 537,645.56 10/20/25 10/20/25 Purchase - Interest 92348KDY6 1.00 1,559.71 539,205.27 10/20/25 10/20/25 Purchase - Principal 43815QAC1 1.00 17,841.60 557,046.87 10/21/25 10/21/25 Purchase - Interest 438123AC5 1.00 351.53 557,398.40 10/21/25 10/21/25 Purchase - Principal 438123AC5 1.00 4,983.59 562,381.99 10/23/25 10/23/25 Purchase - Interest 95000U3T8 1.00 9,940.00 572,321.99 10/24/25 10/24/25 Purchase - Interest 857477DB6 1.00 4,834.00 577,155.99

Page 29 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
10/27/25 10/27/25 Purchase - Interest 3137BXQY1 1.00 1,477.67 578,633.66 10/27/25 10/27/25 Purchase - Interest 3137F1G44 1.00 1,486.38 580,120.04 10/27/25 10/27/25 Purchase - Interest 3137HACX2 1.00 2,208.71 582,328.75 10/27/25 10/27/25 Purchase - Interest 3137HAD45 1.00 1,718.70 584,047.45 10/27/25 10/27/25 Purchase - Interest 3137HAMH6 1.00 3,100.00 587,147.45 10/27/25 10/27/25 Purchase - Interest 3137HAMS2 1.00 2,000.00 589,147.45 10/27/25 10/27/25 Purchase - Interest 3137HAQ74 1.00 1,975.00 591,122.45 10/27/25 10/27/25 Purchase - Interest 3137HAST4 1.00 1,515.63 592,638.08 10/27/25 10/27/25 Purchase - Interest 3137HB3D4 1.00 760.35 593,398.43 10/27/25 10/27/25 Purchase - Interest 3137HB3G7 1.00 1,113.75 594,512.18 10/27/25 10/27/25 Purchase - Interest 3137HBC69 1.00 1,545.96 596,058.14 10/27/25 10/27/25 Purchase - Interest 3137HBLV4 1.00 1,104.90 597,163.04 10/27/25 10/27/25 Purchase - Interest 3137HDJJ0 1.00 2,144.92 599,307.96 10/27/25 10/27/25 Purchase - Interest 3137HDV56 1.00 1,730.67 601,038.63 10/27/25 10/27/25 Purchase - Interest 3137HDXL9 1.00 1,873.99 602,912.62 10/27/25 10/27/25 Purchase - Interest 3137HKXJ8 1.00 698.25 603,610.87 10/27/25 10/27/25 Purchase - Interest 89115B6K1 1.00 25,690.00 629,300.87 10/27/25 10/27/25 Purchase - Interest 3136BQDE6 1.00 1,829.99 631,130.86 10/27/25 10/27/25 Purchase - Interest 3137BNGT5 1.00 536.57 631,667.43 10/27/25 10/27/25 Purchase - Interest 3137BSP72 1.00 1,215.96 632,883.39 10/27/25 10/27/25 Purchase - Interest 3137BTUM1 1.00 1,015.29 633,898.68 10/27/25 10/27/25 Purchase - Principal 89115B6K1 1.00 450,000.00 1,083,898.68

Page 30 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
10/27/25 10/27/25 Purchase - Principal 3137BNGT5 1.00 39,863.63 1,123,762.31 10/27/25 10/27/25 Purchase - Principal 3136BQDE6 1.00 59.76 1,123,822.07 10/27/25 10/27/25 Purchase - Principal 3137HAD45 1.00 562.86 1,124,384.93 10/27/25 10/27/25 Purchase - Principal 3137HDJJ0 1.00 63.65 1,124,448.58 10/27/25 10/27/25 Purchase - Principal 3137HBC69 1.00 1,268.54 1,125,717.12 10/27/25 10/27/25 Purchase - Principal 3137BTUM1 1.00 400.07 1,126,117.19 10/28/25 10/28/25 Purchase-Principal 3137BTUM1 1.00 400.08 1,126,517.27 10/28/25 10/28/25 Redemption-Principal 3137BTUM1 1.00 (400.07) 1,126,117.20 10/30/25 10/30/25 IP Fees September 2025 1.00 (4,059.25) 1,122,057.95 10/30/25 10/30/25 U.S. Bank Fees August 2025 1.00 (223.29) 1,121,834.66 10/31/25 11/03/25 Accrual Income Div Reinvestment - Distributions 1.00 2,337.98 1,124,172.64

Page 31 ends

U.S. Bancorp Asset Management, Inc.

For the Month Ending October 31, 2025Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate 1,124,172.64
1,124,172.64
1,124,172.64
645,450.73
11,469.78

0.00 (20,256,986.22)
21,111,238.94
269,919.92
2,337.98
1,124,172.64

0.00 (1,009,469.13)
946,147.98
1,187,493.79
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
October January-October

4.26%

Page 32 ends

U.S. Bancorp Asset Management, Inc.

Review of Investment Performance

CAMP Accounts

Investment Performance Review
For the Quarter Ended September 30, 2025
Client Management Team
PFM Asset Management
A division of U.S. Bancorp Asset Management, Inc
NOT FDIC INSURED : NO BANK GUARANTEE : MAY LOSE VALUE
For Institutional Investor or Investment Professional Use Only - This material is not for inspection by, distribution to, or quotation to the general public

CITY OF LAKE ELSINORE
PFM Asset Management | pfmam.com
Market Update
PFM Asset Management | pfmam.com 2
Current Market Themes
▸ U.S. economy has been resilient but a cooling labor market presents risk ▹ Net new job creation neared zero as employers follow a “no hire, no fire” approach ▹ Inflation accelerated but Fed expects further price pressures to be short-lived ▹ Uncertainty eased as tariff and fiscal announcements were digested Source: Details on market themes and economic indicators provided throughout the body of the presentation. Bloomberg Finance L.P., as of September 30, 2025. ▸ Fed cut rates for the first time in 2025
▹ Fed Chair Powell acknowledged the difficulty in balancing the risks affecting labor markets and inflation, but noted risks to the labor market were the Fed's focus ▹ The Fed’s September “dot plot” signals 50 bps in additional cuts for 2025, though views remain split, with 7 members favoring no additional cuts in 2025 ▸ Treasury yields moved lower across the curve in Q3
▹ Front end Treasury yields moved lower on Fed rate cut expectations ▹ Yields settled into a narrow trading range as market volatility eased ▹ Credit spreads continued to tighten and neared historically narrow levels For the Quarter Ended September 30, 2025
Market UpdateCITY OF LAKE ELSINORE
PFM Asset Management | pfmam.com 3
The Fed's Dual Mandate Remains Complicated
Fed Chair Powell: “[T]he increase in goods prices accounts for most … or perhaps all of the increase in inflation over the course of this year. ”
Factors Influencing Slower Than Expected
Pass-Through of Goods Inflation
Source: FOMC Chair Jerome Powell Press Conference, September 17, 2025. Bureau of Economic Analysis, and Bloomberg Finance L.P., as of August 2025 (left). Survey responses after Aug-25

2.9%
Dec-25

3.2%
Mar-26

3.0%
Sep-26

2.7%
1%
2%
3%
4%
5%
Sep-23 Sep-24 Sep-25 Sep-26
Core PCE Inflation (YoY)
Mean Forecast Actual
For the Quarter Ended September 30, 2025
Market UpdateCITY OF LAKE ELSINORE
September 26, 2025, included in mean and forecast range.

PFM Asset Management | pfmam.com 4
177k
34k
29k
14k
13k
11k 0k 0k
-4k
-10k
-13k
-15k
-31k
-32k
-34k
-51k
0 50
100
150
200
250
300
Healthcare
State and Local Govt
Leisure & Hospitality
Transp & Warehousing
Retail Trade
Other Services
Utilities
Financial Activies
Private Education
Construction
Mining & Logging
Information Technology
Manufacturing
Wholesale Trade
Federal Govt
Pro & Biz Services
Thousand
Cumulative Job Growth
Jun-25 through Aug-25
The Fed's Dual Mandate Remains Complicated
Fed Chair Powell: “Labor demand has softened, and the recent pace of job creation appears to be running below the break-even rate needed to hold the unemployment rate constant.” Aug-25

4.3%
Dec-25

4.4%
Mar-26

4.4%
Sep-26

4.4%
3%
4%
5%
Sep-23 Sep-24 Sep-25 Sep-26
Unemployment Rate
Mean Forecast Actual
Month Payrolls
June ’25 -13k
July ’25 79k
August ’25 22k
Avg.
29k
Source: FOMC Chair Jerome Powell Press Conference, September 17, 2025. Bureau of Labor Statistics, and Bloomberg Finance L.P., as of August 2025. Data is seasonally adjusted.

For the Quarter Ended September 30, 2025
Market UpdateCITY OF LAKE ELSINORE
Survey responses after September 26, 2025, included in mean and forecast range.

PFM Asset Management | pfmam.com 5
▸ Slower tariff-based inflation
passthrough
▸ Stabilizing credit card
delinquencies
▸ Corporate fundamentals
▸ Easing Fed Policy
▸ Resilient consumer spending
▸ Positive real disposable
personal income growth
▸ Fiscal tailwinds to business
investment

0.4%

0.0%

1.6%

1.2%

0.8%

2.4%

2.0%

3.2%

2.8%
1Q '24
2Q '24
3Q '24
4Q '24
1Q '25
2Q '25
3QTD '25
Personal Consumption
Quarter-Over-Quarter Change
0%
2%
4%
6%
8%
10%
12%
2003
2005
2007
2009
2011
2013
2015
2017
2019
2021
2023
2025
Credit Card Delinquencies
90+ Days
PositiveNeutralNegative
▸ Net new job creation nears zero
▸ Sticky services inflation
▸ Increasing retail credit card
balances
▸ Rising student loan
delinquencies
▸ Planned federal spending cuts
Nonfarm Payrolls
Cumulative Quarterly
0K
100K
200K
300K
400K
500K
600K
700K
1Q '24
2Q '24
3Q '24
4Q '24
1Q '25
2Q '25
3QTD '25
Economic Uncertainty Challenges Outlook
For the Quarter Ended September 30, 2025
Market UpdateCITY OF LAKE ELSINORE
Sources: Bloomberg Finance L.P., Bureau of Labor Statistics as of August 2025, Federal Reserve Bank of New York as of June 2025, and Bureau of Economic Analysis as of August 2025.

PFM Asset Management | pfmam.com 6

3.6% 3.4% 3.1% 3.1% 3.0%
0%
1%
2%
3%
4%
5%
2025 2026 2027 2028 Longer
Run
Jun Projections Sep Projections

3.0%

2.6%

2.1% 2.0% 2.0%
4%
3%
3%
2%
2%
1%
1%
0%
4%
2025 2026 2027 2028 Longer
Run
Sep Projections
2026 2027
PCE Inflation
Jun Projections

4.5% 4.4% 4.3% 4.2% 4.2%
2026 2027
Federal Funds Rate
0%
1%
2%
3%
4%
5%
6%
2025 2028 Longer
Run
Unemployment Rate
Jun Projections Sep Projections

1.6%

1.8% 1.9% 1.8% 1.8%
0%
1%
2%
3%
2025 2028 Longer
Run
Change in Real GDP
Jun Projections Sep Projections
Fed’s Updated Summary of Economic Projections
Fed Chair Powell: “[I]t's a difficult situation because we have risks that are both affecting the labor market and inflation, our two goals … When they're both at risk, we have to balance them” For the Quarter Ended September 30, 2025
Market UpdateCITY OF LAKE ELSINORE
Source: FOMC Chair Jerome Powell Press Conference as of September 17, 2025. September 2025 was the first projection period for calendar year 2028.

PFM Asset Management | pfmam.com 7
0%
1%
2%
The Latest Fed “Dot Plot”
Fed Chair Powell: “[T]here are no risk-free paths now. It's not incredibly obvious what to do… [A]nd you'll see that there are just a range of views on what to do.”
Fed Participants’ Assessments of ‘Appropriate’ Monetary Policy 5%
No additional
cuts in ’25
4%
2 additional
cuts in ’25
3%
Sep-25 FOMC Projections
Jun-25 Median
Sep-25 Median
Longer Term

3.0%
2025
2 additional
cuts
2026
1 cut
2027
1 cut
2028
0 cuts
Source: Federal Reserve and FOMC Chair Jerome Powell Press Conference, as of September 17, 2025. Bloomberg Finance L.P.. Individual dots represent each Fed members’ judgement of For the Quarter Ended September 30, 2025
Market UpdateCITY OF LAKE ELSINORE
the midpoint of the appropriate target range for the federal funds rate at each year-end.

PFM Asset Management | pfmam.com 8
Front End Treasury Yields Move Lower
U.S. Treasury Yield Curve

3.93%

3.61%

3.74%

3.93%

4.15%

4.73%

3.00%

3.50%

4.00%

4.50%

5.00%

5.50%Yield
Maturity
1 Year Range
September 30, 2025
June 30, 2025
3mo 2yr 5yr 7yr 10yr 20yr 30yr
For the Quarter Ended September 30, 2025
Market UpdateCITY OF LAKE ELSINORE
Source: Bloomberg Finance L.P., as of September 30, 2025.

PFM Asset Management | pfmam.com 9

3.61%
0%
1%
2% 1.91%
3%
4%
5%
6%
2005 2010 2015 2020 2025
2-Year Treasury
2-Year Treasury Yield
5-Year Avg 10-Year Avg 20-Year Avg

3.04%

2.25%
Treasury Yields Remain Above Historical Averages
For the Quarter Ended September 30, 2025
Market UpdateCITY OF LAKE ELSINORE
Source: Bloomberg Finance L.P., as of September 30, 2025.

PFM Asset Management | pfmam.com 10
-0.1%
Jun-25

0.0%

0.1%

0.2%
Jul-25 Aug-25 Sep-25
Federal Agency Yield Spreads
Bullet Callable 1 Year Average

0.2%

0.4%

0.6%

0.8%

1.0%
Jun-25 Jul-25 Aug-25 Sep-25
Corporate Notes A-AAA Yield Spreads
1-5 Yr. AAA-A Corp 1 Year Average

0.2%

0.4%

0.6%

0.8%

1.0%
Jun-25 Jul-25 Aug-25 Sep-25
Mortgage-Backed Securities Yield Spreads
Agency MBS Agency CMBS Index 1 Year Average
2 bps 50 bps
42 bps

0.2%

0.4%

0.6%

0.8%

1.0%
Jun-25 Jul-25 Aug-25 Sep-25
Asset-Backed Securities AAA Yield Spreads
AAA ABS 1 Year Average
Sector Yield Spreads
For the Quarter Ended September 30, 2025
Market UpdateCITY OF LAKE ELSINORE
Source: ICE BofA 1-5 year Indices via Bloomberg Finance L.P. and PFMAM as of September 30, 2025. Spreads on ABS and MBS are option-adjusted spreads of 0-5 year indices based on weighted average life; spreads on agencies are relative to comparable maturity Treasuries.

CMBS is Commercial Mortgage-Backed Securities and represented by the ICE BofA Agency CMBS Index.

PFM Asset Management | pfmam.com 11
Fixed-Income Index Total Returns in 3Q 2025
1-5 Year Indices

1.14% 1.20%

1.56%

1.37%

1.76%

0.0%

2.0%

4.0%

6.0%
U.S. Treasury
Agency
ABS
Corp A-AAA
Corp BBB
Third Quarter 2025 Returns

3.77%

4.11%

4.78% 4.85%

5.45%

0.0%

2.0%

4.0%

6.0%
U.S. Treasury
Agency
ABS
Corp A-AAA
Corp BBB
1-Year Return
For the Quarter Ended September 30, 2025
Market UpdateCITY OF LAKE ELSINORE
Source: ICE BofA Indices. ABS indices are 0-5 year, based on weighted average life. As of September 30, 2025.

PFM Asset Management | pfmam.com 12
Portfolio Review
PFM Asset Management | pfmam.com 13

CITY OF LAKE ELSINORE
For the Quarter Ended September 30, 2025
Portfolio Snapshot

1. Total market value includes accrued interest and balances invested in CAMP, as of September 30, 2025.

Yield and duration calculations exclude balances invested in CAMP.

The portfolio’s benchmark is the ICE BofA 1-5 Year U.S. Treasury Index. Source: Bloomberg Financial LP.

An average of each security’s credit rating was assigned a numeric value and adjusted for its relative weighting in the portfolio.

Portfolio Snapshot - CAMP-LAKE ELSINORE CITY FUNDS¹
Credit Quality - S&P
12%
41%
1%5%
34%
30% 27%
23%
11%
10%
0%
20% 15%
50%
40%
30%
0-1 Yr 1-2 Yrs 2-3 Yrs 3-4 Yrs 4-5 Yrs
Portfolio Benchmark
Duration Distribution
U.S. Treasury | 45%
Corporate | 21%
Agency CMBS | 16%
ABS | 12%
Joint Powers Authority | 2%
Negotiable CD | 2%
Federal Agency | 1%
Municipal | 1%
Sector Allocation
AAA | 10%
AAAm | 2%
AA+ | 63%
AA | 1%
AA- | 4%
A-1+ | 1%
A+ | 5%
A | 5%
A- | 5%
BBB+ | 1%
Not Rated | 3%
Portfolio Statistics
Total Market Value
Managed Account Sub-Total
Accrued Interest
Pool
Portfolio Effective Duration
Benchmark Effective Duration
Yield At Cost
Yield At Market
Portfolio Credit Quality
PFM Asset Management | pfmam.com
$56,695,940.44
$55,141,743.51
$366,703.14
$1,187,493.79

2.47 years

2.48 years

4.25%

3.87%
AA
14 CITY OF LAKE ELSINORE
For the Quarter Ended September 30, 2025
Account Summary

2.1%

12.3%

21.4%

1.6%

0.5%

15.6%

1.1%

45.4%

0.0% 20.0% 40.0% 60.0% 80.0% 100.0%
CAMP - $1,187,494
ABS - $6,947,527
Corporate - $12,118,987
Negotiable CD - $934,827
Municipal - $288,636
Agency CMBS - $8,837,141
Federal Agency - $648,887
U.S. Treasury - $25,732,441
Portfolio Allocation Sector Limit for Analysis*
PFM Asset Management | pfmam.com
Sector Allocation Analytics
For informational/analytical purposes only and is not provided for compliance assurance. Includes accrued interest. *Sector Limit for Analysis is as derived from our interpretation of your most recent Investment Policy as provided. 15 CITY OF LAKE ELSINORE
For the Quarter Ended September 30, 2025
Compliance
Note: Pre- and post-trade compliance for the account(s) managed by PFM Asset Management is provided via Bloomberg Financial LP Asset and Investment Management ("AIM").

PFM Asset Management | pfmam.com
Certificate of Compliance
During the reporting period for the quarter ended September 30, 2025, the account(s) managed by PFM Asset Management ("PFMAM") were in compliance with the applicable investment policy and guidelines as furnished to PFMAM.

Acknowledged : PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. 16 CITY OF LAKE ELSINORE
For the Quarter Ended September 30, 2025
Portfolio Activity
Portfolio Activity - CAMP-LAKE ELSINORE CITY FUNDS
Net Activity by Sector
($ millions)
Federal Agency
Corporate
Municipal
ABS
Agency CMBS
U.S. Treasury
($4.0) $4.0 $6.0($2.0) $0.0
Sales/Maturities
$2.0
Purchases
Based on total proceeds (principal and accrued interest) of buys, sells, maturities, and principal paydowns. Detail may not add to total due to rounding.

Sector Net Activity
U.S. Treasury $2,255,755
Agency CMBS ($33,036)
ABS ($297,931)
Municipal ($540,000)
Corporate ($675,000)
Federal Agency ($1,200,000)
Total Net Activity ($490,211)
PFM Asset Management | pfmam.com 17

CITY OF LAKE ELSINORE
For the Quarter Ended September 30, 2025
Portfolio Characteristics
Historical Sector Allocation - CAMP-LAKE ELSINORE CITY FUNDS 42%
3%
16%
2%
23%
13%
1%
Jun-25
45%
2%
16%
21%
12%
2%
Sep-25
Only includes fixed-income securities held within the separately managed account(s) and LGIPs managed by PFMAM.

PFM Asset Management | pfmam.com
2% 1%
1%
18 CITY OF LAKE ELSINORE
For the Quarter Ended September 30, 2025
Portfolio Performance

1. The lesser of 10 years or since inception is shown. Since inception returns for periods one year or less are not shown. Performance inception date is September 30, 2010.

2. Interest earned calculated as the ending accrued interest less beginning accrued interest, plus net interest activity.

3. Returns for periods one year or less are presented on a periodic basis. Returns for periods greater than one year are presented on an annualized basis.

4. The portfolio’s benchmark is the ICE BofA 1-5 Year U.S. Treasury Index. Source: Bloomberg Financial LP.

5.0%

4.0%

3.0%

2.0%

1.0%

0.0%
Return
Portfolio Performance
Portfolio Benchmark
PFM Asset Management | pfmam.com
Market Value Basis Earnings 3 Months 1 Year 3 Years 5 Years 10 Years¹ Interest Earned² $497,407 $1,886,457 $4,315,875 $5,212,956 $8,398,262 Change in Market Value $218,358 $438,880 $2,890,258 ($178,217) $1,086,385 Total Dollar Return $715,765 $2,325,337 $7,206,133 $5,034,739 $9,484,647 Total Return³
Portfolio 1.27% 4.27% 4.86% 1.47% 2.01%
Benchmark⁴ 1.14% 3.77% 4.42% 1.12% 1.65%
3 Months 1 Year 3 Years 5 Years 10 Years
Difference 0.13% 0.50% 0.44% 0.35% 0.36%
19 CITY OF LAKE ELSINORE
For the Quarter Ended September 30, 2025
Portfolio Performance

1. The lesser of 10 years or since inception is shown. Performance inception date is September 30, 2010.

2. Interest earned calculated as the ending accrued interest less beginning accrued interest, plus net interest activity.

3. Realized gains / (losses) are shown on an amortized cost basis.

Accrual Basis Earnings - CAMP-LAKE ELSINORE CITY FUNDS
Accrual Basis Earnings 3 Months 1 Year 3 Years 5 Year 10 Year¹ Interest Earned² $497,407 $1,886,457 $4,315,875 $5,212,956 $8,398,262 Realized Gains / (Losses)³ $77,106 $61,687 ($1,006,747) ($926,739) ($428,641) Change in Amortized Cost $87,261 $343,345 $1,094,924 $959,033 $939,373 Total Earnings $661,773 $2,291,489 $4,404,052 $5,245,250 $8,908,994 PFM Asset Management | pfmam.com 20
Issuer Distribution
PFM Asset Management | pfmam.com 21

CITY OF LAKE ELSINORE
For the Quarter Ended September 30, 2025
Portfolio Summary
Issuer Diversification
Ratings shown are calculated by assigning a numeral value to each security rating, then calculating a weighted average rating for each security type / issuer category using all available security ratings, excluding Not-Rated (NR) ratings. For security type / issuer categories where a rating from the applicable NRSRO is not available, a rating of NR is assigned. Includes accrued interest and excludes balances invested in overnight funds.

PFM Asset Management | pfmam.com
Federal National Mortgage Association 1.2% AA / Aa / AA Agency CMBS 15.9%
Federal Home Loan Mortgage Corp
Federal National Mortgage Association

15.0%

1.0%
AA / Aa / AA
AA / Aa / AA
Municipal 0.5%
California State University 0.2% AA / Aa / NR
State of California 0.4% AA / Aa / AA
Negotiable CD 1.7%
Nordea Bank Abp 0.8% AA / Aa / AA
Toronto-Dominion Bank 0.9% A / A / NR
Security Type / Issuer Market Value (%) S&P / Moody's / Fitch Security Type / Issuer Market Value (%) S&P / Moody's / Fitch U.S. Treasury 46.4% Corporate 21.8%
United States Treasury 46.4% AA / Aa / AA Charles Schwab Corp 0.5% A / A / A Federal Agency 1.2% Cisco Systems Inc 0.8% AA / A / NR
Bank of New York Mellon Corp 0.8% A / Aa / AA
Bayerische Motoren Werke AG 0.3% A / A / NR
Berkshire Hathaway Inc 0.8% AA / Aa / A
BlackRock Inc 1.4% AA / Aa / NR
Bristol-Myers Squibb Co 0.7% A / A / NR
Caterpillar Inc 0.4% A / A / A
Citigroup Inc
Deere & Co
Home Depot Inc
Honda Motor Co Ltd
Lockheed Martin Corp
Mars Inc
Microsoft Corp
Morgan Stanley
National Australia Bank Ltd
National Rural Utilities Cooperative Fi
PACCAR Inc

1.4%

0.7%

0.1%

0.2%

1.3%

1.0%

0.9%

0.6%

0.7%
A / Aa / A

A / A / A

A / A / NR

A / A / A

A / A / NR
AAA / Aaa / NR
A / Aa / AA
AA / Aa / NR

A / A / A

A / A / NR
Corporate 21.8% State Street Corp 0.4% A / Aa / AA
Adobe Inc 0.7% A / A / NR Target Corp 0.1% A / A / A
Air Products and Chemicals Inc 0.6% A / A / NR Texas Instruments Inc 0.2% A / Aa / NR American Express Co 0.5% A / A / A Toyota Motor Corp 0.7% A / A / A Analog Devices Inc 0.7% A / A / A UnitedHealth Group Inc 0.4% A / A / A Apple Inc 1.4% AA / Aaa / NR Wells Fargo & Co 0.8% BBB / A / A Bank of America Corp 1.1% A / A / AA ABS 12.5%
American Express Co 2.0% AAA / NR / AAA
BA Credit Card Trust 1.1% AAA / Aaa / AAA
Bank of America Corp 0.1% NR / Aaa / AAA
Capital One Financial Corp 1.3% AAA / NR / AAA
CarMax Inc 0.1% AAA / NR / AAA
Citigroup Inc 1.0% AAA / Aaa / NR
22 CITY OF LAKE ELSINORE
For the Quarter Ended September 30, 2025
Portfolio Summary
Issuer Diversification
Ratings shown are calculated by assigning a numeral value to each security rating, then calculating a weighted average rating for each security type / issuer category using all available security ratings, excluding Not-Rated (NR) ratings. For security type / issuer categories where a rating from the applicable NRSRO is not available, a rating of NR is assigned. Includes accrued interest and excludes balances invested in overnight funds.

PFM Asset Management | pfmam.com
Security Type / Issuer Market Value (%) S&P / Moody's / Fitch ABS 12.5%
Discover Card Execution Note Trust 1.2% AAA / Aaa / AAA Fifth Third Auto Trust 0.5% AAA / Aaa / NR
Ford Credit Auto Owner Trust 0.1% AAA / NR / AAA
GM Financial Consumer Automobile Receiv 0.3% AAA / Aaa / AAA Harley-Davidson Inc 0.1% NR / Aaa / AAA
Honda Auto Receivables Owner Trust 0.7% AAA / Aaa / AAA JPMorgan Chase & Co 0.7% AAA / NR / AAA
Mercedes-Benz Auto Receivables Trust 1.0% NR / Aaa / AAA Nissan Auto Receivables Owner Trust 0.1% AAA / Aaa / NR Porsche Innovative Lease Owner 0.2% AAA / NR / AAA
Toyota Auto Receivables Owner Trust 0.2% AAA / NR / AAA Verizon Master Trust 0.8% NR / Aaa / AAA
WF Card Issuance Trust 0.9% AAA / NR / AAA
Total 100.0%
23 Portfolio Transactions
PFM Asset Management | pfmam.com 24
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade Settle Maturity Transact Yield Realized
Date Date Par ($) CUSIP Security Description Coupon Date Amount ($) at Market G/L (BV) BUY
7/1/2025 7/3/2025 600,000.00 91282CEV9 US TREASURY N/B 3.25% 6/30/2029 589,213.66 3.75% 8/1/2025 8/5/2025 925,000.00 91282CEV9 US TREASURY N/B 3.25% 6/30/2029 905,177.23 3.94% 9/2/2025 9/5/2025 3,900,000.00 91282CEV9 US TREASURY N/B 3.25% 6/30/2029 3,864,729.11 3.67% Total BUY 5,425,000.00 5,359,120.00 0.00

INTEREST
7/1/2025 7/25/2025 3137BXQY1 FHMS K064 A2 3.22% 3/1/2027 1,477.67 7/1/2025 7/25/2025 3137HBC69 FHMS KJ48 A1 4.85% 5/1/2028 1,558.85 7/1/2025 7/25/2025 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,020.53 7/1/2025 7/25/2025 3137HAMS2 FHMS K507 A2 4.80% 9/1/2028 2,000.00 7/1/2025 7/25/2025 3137HB3G7 FHMS K511 A2 4.86% 10/1/2028 1,113.75 7/1/2025 7/25/2025 3137HAD45 FHMS KJ46 A1 4.77% 6/1/2028 1,724.23 7/1/2025 7/25/2025 3137HDV56 FHMS K524 A2 4.72% 5/1/2029 1,730.67 7/1/2025 7/25/2025 3137HACX2 FHMS K505 A2 4.81% 6/1/2028 2,208.71 7/1/2025 7/25/2025 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 564.76 7/1/2025 7/25/2025 3137HBLV4 FHMS K514 A2 4.57% 12/1/2028 1,104.90 7/1/2025 7/25/2025 3137HB3D4 FHMS K510 A2 5.06% 10/1/2028 760.35 7/1/2025 7/25/2025 3137F1G44 FHMS K065 A2 3.24% 4/1/2027 1,486.38 For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 25
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade Settle Maturity Transact Yield Realized
Date Date Par ($) CUSIP Security Description Coupon Date Amount ($) at Market G/L (BV)

INTEREST
7/1/2025 7/25/2025 3137HAMH6 FHMS K506 A2 4.65% 8/1/2028 3,100.00 7/1/2025 7/25/2025 3137HKXJ8 FHMS K539 A2 4.41% 1/1/2030 698.25 7/1/2025 7/25/2025 3137HAQ74 FHMS K508 A2 4.74% 8/1/2028 1,975.00 7/1/2025 7/25/2025 3137BSP72 FHMS K058 A2 2.65% 8/1/2026 1,215.96 7/1/2025 7/25/2025 3137HAST4 FHMS K509 A2 4.85% 9/1/2028 1,515.63 7/1/2025 7/25/2025 3137HDXL9 FHMS K526 A2 4.54% 7/1/2029 1,873.99 7/1/2025 7/25/2025 3136BQDE6 FNA 2023-M6 A2 4.18% 7/1/2028 1,830.54 7/1/2025 7/25/2025 3137HDJJ0 FHMS K522 A2 4.80% 5/1/2029 2,201.38 7/1/2025 7/1/2025 341271AD6 FLORIDA ST BRD OF ADM 1.25% 7/1/2025 1,949.90 7/8/2025 7/8/2025 14913R2U0 CATERPILLAR FINL SERVICE 1.70% 1/8/2027 1,912.50 7/12/2025 7/12/2025 89236TKQ7 TOYOTA MOTOR CREDIT CORP 4.62% 1/12/2028 8,671.88 7/14/2025 7/14/2025 61690U8E3 MORGAN STANLEY BANK NA (CALLABLE) 4.96% 7/14/2028 13,041.00 7/14/2025 7/14/2025 24422EXB0 JOHN DEERE CAPITAL CORP 4.95% 7/14/2028 9,281.25 7/15/2025 7/15/2025 05522RDG0 BACCT 2023-A1 A1 4.79% 5/15/2028 678.58 7/15/2025 7/15/2025 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 236.92 7/15/2025 7/15/2025 02582JKH2 AMXCA 2024-1 A 5.23% 4/16/2029 2,157.37 7/15/2025 7/15/2025 254683CZ6 DCENT 2023-A2 A 4.93% 6/15/2028 1,437.92 For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 26
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade Settle Maturity Transact Yield Realized
Date Date Par ($) CUSIP Security Description Coupon Date Amount ($) at Market G/L (BV)

INTEREST
7/15/2025 7/15/2025 02582JJZ4 AMXCA 2023-1 A 4.87% 5/15/2028 771.08 7/15/2025 7/15/2025 58773DAD6 MBART 2025-1 A3 4.78% 12/17/2029 2,190.83 7/15/2025 7/15/2025 05522RDK1 BACCT 2025-A1 A 4.31% 5/15/2030 987.71 7/15/2025 7/15/2025 437921AD1 HAROT 2025-2 A3 4.15% 10/15/2029 397.71 7/15/2025 7/15/2025 254683CY9 DCENT 2023-A1 A 4.31% 3/15/2028 1,149.33 7/15/2025 7/15/2025 05522RDH8 BACCT 2023-A2 A2 4.98% 11/15/2028 747.00 7/15/2025 7/15/2025 02582JKD1 AMXCA 2023-3 A 5.23% 9/15/2028 1,786.92 7/15/2025 7/15/2025 92970QAJ4 WFCIT 2025-A1 A 4.34% 5/15/2030 2,046.43 7/15/2025 7/15/2025 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 343.98 7/15/2025 7/15/2025 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 593.06 7/15/2025 7/15/2025 161571HT4 CHAIT 2023-A1 A 5.16% 9/15/2028 1,741.50 7/15/2025 7/15/2025 14041NGB1 COMET 2022-A3 A 4.95% 10/15/2027 1,010.63 7/15/2025 7/15/2025 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 1,485.96 7/15/2025 7/15/2025 14041NGD7 COMET 2023-A1 A 4.42% 5/15/2028 1,804.83 7/15/2025 7/15/2025 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 228.87 7/15/2025 7/15/2025 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 421.97 7/15/2025 7/15/2025 87612EBM7 TARGET CORP (CALLABLE) 1.95% 1/15/2027 390.00 For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 27
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade Settle Maturity Transact Yield Realized
Date Date Par ($) CUSIP Security Description Coupon Date Amount ($) at Market G/L (BV)

INTEREST
7/16/2025 7/16/2025 36265QAD8 GMCAR 2022-4 A3 4.82% 8/16/2027 456.68 7/16/2025 7/16/2025 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 0.12 7/16/2025 7/16/2025 362549AD9 GMCAR 2025-2 A3 4.28% 4/16/2030 321.00 7/18/2025 7/18/2025 43815QAC1 HAROT 2023-3 A3 5.41% 2/18/2028 1,252.53 7/20/2025 7/20/2025 92348KDY6 VZMT 2025-3 A1A 4.51% 3/20/2030 1,559.71 7/20/2025 7/20/2025 73329KAD8 PILOT 2025-1A A3 4.61% 10/20/2028 384.17 7/20/2025 7/20/2025 05594BAD8 BAAT 2025-1A A3 4.35% 11/20/2029 290.00 7/21/2025 7/21/2025 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 401.63 7/26/2025 7/26/2025 06406RBA4 BANK OF NY MELLON CORP (CALLABLE) 2.05% 1/26/2027 4,868.75 7/27/2025 7/27/2025 459200KS9 IBM CORP 4.00% 7/27/2025 4,500.00 8/1/2025 8/1/2025 60412AK85 MINNESOTA ST-F-UNREF 0.63% 8/1/2025 315.00 8/1/2025 8/1/2025 798306WP7 SAN JUAN CA UNIF SCH 0.85% 8/1/2025 553.80 8/1/2025 8/1/2025 06051GFS3 BANK OF AMERICA CORP 3.87% 8/1/2025 4,359.38 8/1/2025 8/25/2025 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 552.08 8/1/2025 8/25/2025 3137HBLV4 FHMS K514 A2 4.57% 12/1/2028 1,104.90 8/1/2025 8/25/2025 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,018.32 8/1/2025 8/25/2025 3137HAD45 FHMS KJ46 A1 4.77% 6/1/2028 1,722.21 For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 28
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade Settle Maturity Transact Yield Realized
Date Date Par ($) CUSIP Security Description Coupon Date Amount ($) at Market G/L (BV)

INTEREST
8/1/2025 8/25/2025 3137HB3G7 FHMS K511 A2 4.86% 10/1/2028 1,113.75 8/1/2025 8/25/2025 3137BXQY1 FHMS K064 A2 3.22% 3/1/2027 1,477.67 8/1/2025 8/25/2025 3137F1G44 FHMS K065 A2 3.24% 4/1/2027 1,486.38 8/1/2025 8/25/2025 3137HB3D4 FHMS K510 A2 5.06% 10/1/2028 760.35 8/1/2025 8/25/2025 3137HAST4 FHMS K509 A2 4.85% 9/1/2028 1,515.63 8/1/2025 8/25/2025 3137HDJJ0 FHMS K522 A2 4.80% 5/1/2029 2,145.34 8/1/2025 8/25/2025 3137HBC69 FHMS KJ48 A1 4.85% 5/1/2028 1,553.79 8/1/2025 8/25/2025 3136BQDE6 FNA 2023-M6 A2 4.18% 7/1/2028 1,834.07 8/1/2025 8/25/2025 3137HAQ74 FHMS K508 A2 4.74% 8/1/2028 1,975.00 8/1/2025 8/25/2025 3137HACX2 FHMS K505 A2 4.81% 6/1/2028 2,208.71 8/1/2025 8/25/2025 3137HDV56 FHMS K524 A2 4.72% 5/1/2029 1,730.67 8/1/2025 8/25/2025 3137HKXJ8 FHMS K539 A2 4.41% 1/1/2030 698.25 8/1/2025 8/25/2025 3137HAMS2 FHMS K507 A2 4.80% 9/1/2028 2,000.00 8/1/2025 8/25/2025 3137HAMH6 FHMS K506 A2 4.65% 8/1/2028 3,100.00 8/1/2025 8/25/2025 3137HDXL9 FHMS K526 A2 4.54% 7/1/2029 1,873.99 8/1/2025 8/25/2025 3137BSP72 FHMS K058 A2 2.65% 8/1/2026 1,215.96 8/6/2025 8/6/2025 594918BY9 MICROSOFT CORP (CALLABLE) 3.30% 2/6/2027 12,375.00 For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 29
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade Settle Maturity Transact Yield Realized
Date Date Par ($) CUSIP Security Description Coupon Date Amount ($) at Market G/L (BV)

INTEREST
8/7/2025 8/7/2025 637432NP6 NATIONAL RURAL UTIL COOP (CALLABLE) 3.40% 2/7/2028 5,950.00 8/8/2025 8/8/2025 009158BH8 AIR PRODUCTS & CHEMICALS (CALLABLE) 4.60% 2/8/2029 7,820.00 8/12/2025 8/12/2025 05565EBW4 BMW US CAPITAL LLC (CALLABLE) 1.25% 8/12/2026 1,093.75 8/15/2025 8/15/2025 02582JKD1 AMXCA 2023-3 A 5.23% 9/15/2028 1,786.92 8/15/2025 8/15/2025 58773DAD6 MBART 2025-1 A3 4.78% 12/17/2029 2,190.83 8/15/2025 8/15/2025 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 384.66 8/15/2025 8/15/2025 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 199.39 8/15/2025 8/15/2025 92970QAJ4 WFCIT 2025-A1 A 4.34% 5/15/2030 1,754.08 8/15/2025 8/15/2025 02582JKH2 AMXCA 2024-1 A 5.23% 4/16/2029 2,157.37 8/15/2025 8/15/2025 05522RDG0 BACCT 2023-A1 A1 4.79% 5/15/2028 678.58 8/15/2025 8/15/2025 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 215.99 8/15/2025 8/15/2025 02582JJZ4 AMXCA 2023-1 A 4.87% 5/15/2028 771.08 8/15/2025 8/15/2025 05522RDK1 BACCT 2025-A1 A 4.31% 5/15/2030 897.92 8/15/2025 8/15/2025 14041NGB1 COMET 2022-A3 A 4.95% 10/15/2027 1,010.63 8/15/2025 8/15/2025 14041NGD7 COMET 2023-A1 A 4.42% 5/15/2028 1,804.83 8/15/2025 8/15/2025 437921AD1 HAROT 2025-2 A3 4.15% 10/15/2029 397.71 8/15/2025 8/15/2025 161571HT4 CHAIT 2023-A1 A 5.16% 9/15/2028 1,741.50 For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 30
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade Settle Maturity Transact Yield Realized
Date Date Par ($) CUSIP Security Description Coupon Date Amount ($) at Market G/L (BV)

INTEREST
8/15/2025 8/15/2025 05522RDH8 BACCT 2023-A2 A2 4.98% 11/15/2028 747.00 8/15/2025 8/15/2025 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 316.81 8/15/2025 8/15/2025 254683CY9 DCENT 2023-A1 A 4.31% 3/15/2028 1,149.33 8/15/2025 8/15/2025 254683CZ6 DCENT 2023-A2 A 4.93% 6/15/2028 1,437.92 8/15/2025 8/15/2025 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 545.36 8/15/2025 8/15/2025 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 1,391.46 8/15/2025 8/15/2025 882508BV5 TEXAS INSTRUMENTS INC (CALLABLE) 4.60% 2/15/2028 1,955.00 8/16/2025 8/16/2025 362549AD9 GMCAR 2025-2 A3 4.28% 4/16/2030 321.00 8/16/2025 8/16/2025 36265QAD8 GMCAR 2022-4 A3 4.82% 8/16/2027 405.01 8/18/2025 8/18/2025 43815QAC1 HAROT 2023-3 A3 5.41% 2/18/2028 1,163.21 8/20/2025 8/20/2025 05594BAD8 BAAT 2025-1A A3 4.35% 11/20/2029 290.00 8/20/2025 8/20/2025 73329KAD8 PILOT 2025-1A A3 4.61% 10/20/2028 384.17 8/20/2025 8/20/2025 110122DE5 BRISTOL-MYERS SQUIBB CO (CALLABLE) 3.90% 2/20/2028 7,312.50 8/20/2025 8/20/2025 92348KDY6 VZMT 2025-3 A1A 4.51% 3/20/2030 1,559.71 8/21/2025 8/21/2025 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 401.63 8/25/2025 8/25/2025 3135G05X7 FANNIE MAE 0.37% 8/25/2025 656.25 8/26/2025 8/26/2025 17275RBR2 CISCO SYSTEMS INC (CALLABLE) 4.85% 2/26/2029 10,185.00 For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 31
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade Settle Maturity Transact Yield Realized
Date Date Par ($) CUSIP Security Description Coupon Date Amount ($) at Market G/L (BV)

INTEREST
8/28/2025 8/28/2025 3137HDJJ0 FHMS K522 A2 4.80% 5/1/2029 356.73 8/31/2025 8/31/2025 91282CGP0 US TREASURY N/B 4.00% 2/29/2028 61,500.00 9/1/2025 9/1/2025 571676AY1 MARS INC (CALLABLE) 4.80% 3/1/2030 2,591.33 9/1/2025 9/1/2025 13063D3N6 CA ST 4.84% 3/1/2027 4,846.00 9/1/2025 9/25/2025 3137HB3D4 FHMS K510 A2 5.06% 10/1/2028 760.35 9/1/2025 9/25/2025 3137HBC69 FHMS KJ48 A1 4.85% 5/1/2028 1,549.88 9/1/2025 9/25/2025 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,016.22 9/1/2025 9/25/2025 3137BSP72 FHMS K058 A2 2.65% 8/1/2026 1,215.96 9/1/2025 9/25/2025 3137HKXJ8 FHMS K539 A2 4.41% 1/1/2030 698.25 9/1/2025 9/25/2025 3137HB3G7 FHMS K511 A2 4.86% 10/1/2028 1,113.75 9/1/2025 9/25/2025 3137HAMS2 FHMS K507 A2 4.80% 9/1/2028 2,000.00 9/1/2025 9/25/2025 3137HDV56 FHMS K524 A2 4.72% 5/1/2029 1,730.67 9/1/2025 9/25/2025 3136BQDE6 FNA 2023-M6 A2 4.18% 7/1/2028 1,833.89 9/1/2025 9/25/2025 3137HAQ74 FHMS K508 A2 4.74% 8/1/2028 1,975.00 9/1/2025 9/25/2025 3137HDXL9 FHMS K526 A2 4.54% 7/1/2029 1,873.99 9/1/2025 9/25/2025 3137HACX2 FHMS K505 A2 4.81% 6/1/2028 2,208.71 9/1/2025 9/25/2025 3137HDJJ0 FHMS K522 A2 4.80% 5/1/2029 2,145.13 For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 32
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade Settle Maturity Transact Yield Realized
Date Date Par ($) CUSIP Security Description Coupon Date Amount ($) at Market G/L (BV)

INTEREST
9/1/2025 9/25/2025 3137HBLV4 FHMS K514 A2 4.57% 12/1/2028 1,104.90 9/1/2025 9/25/2025 3137HAD45 FHMS KJ46 A1 4.77% 6/1/2028 1,720.51 9/1/2025 9/25/2025 3137F1G44 FHMS K065 A2 3.24% 4/1/2027 1,486.38 9/1/2025 9/25/2025 3137BXQY1 FHMS K064 A2 3.22% 3/1/2027 1,477.67 9/1/2025 9/25/2025 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 550.99 9/1/2025 9/25/2025 3137HAST4 FHMS K509 A2 4.85% 9/1/2028 1,515.63 9/1/2025 9/25/2025 3137HAMH6 FHMS K506 A2 4.65% 8/1/2028 3,100.00 9/4/2025 9/4/2025 3130AK5E2 FEDERAL HOME LOAN BANK 0.37% 9/4/2025 281.25 9/4/2025 9/4/2025 025816CS6 AMERICAN EXPRESS CO (CALLABLE) 2.55% 3/4/2027 3,825.00 9/5/2025 9/5/2025 02665WFQ9 AMERICAN HONDA FINANCE 4.40% 9/5/2029 8,800.00 9/12/2025 9/12/2025 037833DB3 APPLE INC (CALLABLE) 2.90% 9/12/2027 11,237.50 9/14/2025 9/14/2025 09290DAA9 BLACKROCK FUNDING INC (CALLABLE) 4.70% 3/14/2029 18,212.50 9/15/2025 9/15/2025 161571HT4 CHAIT 2023-A1 A 5.16% 9/15/2028 1,741.50 9/15/2025 9/15/2025 02582JJZ4 AMXCA 2023-1 A 4.87% 5/15/2028 771.08 9/15/2025 9/15/2025 05522RDH8 BACCT 2023-A2 A2 4.98% 11/15/2028 747.00 9/15/2025 9/15/2025 437921AD1 HAROT 2025-2 A3 4.15% 10/15/2029 397.71 9/15/2025 9/15/2025 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 1,297.23 For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 33
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade Settle Maturity Transact Yield Realized
Date Date Par ($) CUSIP Security Description Coupon Date Amount ($) at Market G/L (BV)

INTEREST
9/15/2025 9/15/2025 254683CZ6 DCENT 2023-A2 A 4.93% 6/15/2028 1,437.92 9/15/2025 9/15/2025 14041NGD7 COMET 2023-A1 A 4.42% 5/15/2028 1,804.83 9/15/2025 9/15/2025 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 168.75 9/15/2025 9/15/2025 084664CZ2 BERKSHIRE HATHAWAY FIN (CALLABLE) 2.30% 3/15/2027 5,462.50 9/15/2025 9/15/2025 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 497.25 9/15/2025 9/15/2025 02582JKD1 AMXCA 2023-3 A 5.23% 9/15/2028 1,786.92 9/15/2025 9/15/2025 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 346.64 9/15/2025 9/15/2025 05522RDK1 BACCT 2025-A1 A 4.31% 5/15/2030 897.92 9/15/2025 9/15/2025 14041NGB1 COMET 2022-A3 A 4.95% 10/15/2027 1,010.63 9/15/2025 9/15/2025 254683CY9 DCENT 2023-A1 A 4.31% 3/15/2028 1,149.33 9/15/2025 9/15/2025 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 191.25 9/15/2025 9/15/2025 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 288.97 9/15/2025 9/15/2025 05522RDG0 BACCT 2023-A1 A1 4.79% 5/15/2028 678.58 9/15/2025 9/15/2025 58773DAD6 MBART 2025-1 A3 4.78% 12/17/2029 2,190.83 9/15/2025 9/15/2025 92970QAJ4 WFCIT 2025-A1 A 4.34% 5/15/2030 1,754.08 9/15/2025 9/15/2025 002824BM1 ABBOTT LABORATORIES (CALLABLE) 3.87% 9/15/2025 4,359.38 9/15/2025 9/15/2025 02582JKH2 AMXCA 2024-1 A 5.23% 4/16/2029 2,157.37 For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 34
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade Settle Maturity Transact Yield Realized
Date Date Par ($) CUSIP Security Description Coupon Date Amount ($) at Market G/L (BV)

INTEREST
9/16/2025 9/16/2025 36265QAD8 GMCAR 2022-4 A3 4.82% 8/16/2027 350.73 9/16/2025 9/16/2025 362549AD9 GMCAR 2025-2 A3 4.28% 4/16/2030 321.00 9/18/2025 9/18/2025 43815QAC1 HAROT 2023-3 A3 5.41% 2/18/2028 1,074.24 9/20/2025 9/20/2025 73329KAD8 PILOT 2025-1A A3 4.61% 10/20/2028 384.17 9/20/2025 9/20/2025 05594BAD8 BAAT 2025-1A A3 4.35% 11/20/2029 290.00 9/20/2025 9/20/2025 92348KDY6 VZMT 2025-3 A1A 4.51% 3/20/2030 1,559.71 9/21/2025 9/21/2025 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 376.39 9/23/2025 9/23/2025 3137EAEX3 FREDDIE MAC 0.37% 9/23/2025 1,312.50 9/29/2025 9/29/2025 17325FBB3 CITIBANK NA (CALLABLE) 5.80% 9/29/2028 21,761.25 Total INTEREST 0.00 413,723.97 0.00

MATURITY
7/1/2025 7/1/2025 65,000.00 341271AD6 FLORIDA ST BRD OF ADM 1.25% 7/1/2025 65,000.00 7/1/2025 7/1/2025 85,000.00 341271AD6 FLORIDA ST BRD OF ADM 1.25% 7/1/2025 85,000.00 7/1/2025 7/1/2025 160,000.00 341271AD6 FLORIDA ST BRD OF ADM 1.25% 7/1/2025 160,000.00 7/27/2025 7/27/2025 225,000.00 459200KS9 IBM CORP 4.00% 7/27/2025 225,000.00 8/1/2025 8/1/2025 130,000.00 798306WP7 SAN JUAN CA UNIF SCH 0.85% 8/1/2025 130,000.00 8/1/2025 8/1/2025 225,000.00 06051GFS3 BANK OF AMERICA CORP 3.87% 8/1/2025 225,000.00 For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 35
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade Settle Maturity Transact Yield Realized
Date Date Par ($) CUSIP Security Description Coupon Date Amount ($) at Market G/L (BV)

MATURITY
8/1/2025 8/1/2025 100,000.00 60412AK85 MINNESOTA ST-F-UNREF 0.63% 8/1/2025 100,000.00 8/25/2025 8/25/2025 350,000.00 3135G05X7 FANNIE MAE 0.37% 8/25/2025 350,000.00 9/4/2025 9/4/2025 150,000.00 3130AK5E2 FEDERAL HOME LOAN BANK 0.37% 9/4/2025 150,000.00 9/15/2025 9/15/2025 225,000.00 002824BM1 ABBOTT LABORATORIES (CALLABLE) 3.87% 9/15/2025 225,000.00 9/23/2025 9/23/2025 700,000.00 3137EAEX3 FREDDIE MAC 0.37% 9/23/2025 700,000.00 Total MATURITY 2,415,000.00 2,415,000.00 0.00

PAYDOWNS
7/1/2025 7/25/2025 793.42 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 793.42 9.76 7/1/2025 7/25/2025 507.71 3137HAD45 FHMS KJ46 A1 4.77% 6/1/2028 507.71 0.01 7/1/2025 7/25/2025 1,249.42 3137HBC69 FHMS KJ48 A1 4.85% 5/1/2028 1,249.42 7/1/2025 7/25/2025 14,001.22 3137HDJJ0 FHMS K522 A2 4.80% 5/1/2029 14,001.22 7/1/2025 7/25/2025 5,543.97 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 5,543.97 46.78 7/1/2025 7/25/2025 55.18 3136BQDE6 FNA 2023-M6 A2 4.18% 7/1/2028 55.18 0.57 7/15/2025 7/15/2025 20,504.39 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 20,504.39 0.79 7/15/2025 7/15/2025 8,867.00 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 8,867.00 0.44 7/15/2025 7/15/2025 12,363.13 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 12,363.13 7/15/2025 7/15/2025 8,912.15 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 8,912.15 0.08 For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 36
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade Settle Maturity Transact Yield Realized
Date Date Par ($) CUSIP Security Description Coupon Date Amount ($) at Market G/L (BV)

PAYDOWNS
7/15/2025 7/15/2025 7,011.46 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 7,011.46 0.38 7/15/2025 7/15/2025 5,632.62 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 5,632.62 0.47 7/16/2025 7/16/2025 214.23 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 214.25 0.02 7/16/2025 7/16/2025 12,863.37 36265QAD8 GMCAR 2022-4 A3 4.82% 8/16/2027 12,863.37 0.90 7/18/2025 7/18/2025 19,812.18 43815QAC1 HAROT 2023-3 A3 5.41% 2/18/2028 19,812.18 2.35 8/1/2025 8/25/2025 476.79 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 476.79 3.43 8/1/2025 8/25/2025 964.53 3137HBC69 FHMS KJ48 A1 4.85% 5/1/2028 964.53 8/1/2025 8/25/2025 51.82 3137HDJJ0 FHMS K522 A2 4.80% 5/1/2029 51.82 8/1/2025 8/25/2025 426.54 3137HAD45 FHMS KJ46 A1 4.77% 6/1/2028 426.54 0.01 8/1/2025 8/25/2025 49.30 3136BQDE6 FNA 2023-M6 A2 4.18% 7/1/2028 49.30 0.50 8/1/2025 8/25/2025 752.21 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 752.21 8.70 8/15/2025 8/15/2025 7,184.37 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 7,184.37 0.38 8/15/2025 8/15/2025 20,449.29 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 20,449.29 0.77 8/15/2025 8/15/2025 9,032.45 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 9,032.45 0.44 8/15/2025 8/15/2025 6,655.34 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 6,655.34 0.52 8/15/2025 8/15/2025 9,260.62 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 9,260.62 0.08 8/15/2025 8/15/2025 12,468.32 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 12,468.32 0.01 For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 37
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade Settle Maturity Transact Yield Realized
Date Date Par ($) CUSIP Security Description Coupon Date Amount ($) at Market G/L (BV)

PAYDOWNS
8/16/2025 8/16/2025 13,514.88 36265QAD8 GMCAR 2022-4 A3 4.82% 8/16/2027 13,514.88 0.91 8/18/2025 8/18/2025 19,734.78 43815QAC1 HAROT 2023-3 A3 5.41% 2/18/2028 19,734.78 2.27 8/21/2025 8/21/2025 5,340.60 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 5,340.60 0.60 9/1/2025 9/25/2025 52.09 3137HDJJ0 FHMS K522 A2 4.80% 5/1/2029 52.09 9/1/2025 9/25/2025 49.53 3136BQDE6 FNA 2023-M6 A2 4.18% 7/1/2028 49.53 0.49 9/1/2025 9/25/2025 333.49 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 333.49 3.62 9/1/2025 9/25/2025 6,305.01 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 6,305.01 37.56 9/1/2025 9/25/2025 453.09 3137HAD45 FHMS KJ46 A1 4.77% 6/1/2028 453.09 0.01 9/1/2025 9/25/2025 970.51 3137HBC69 FHMS KJ48 A1 4.85% 5/1/2028 970.51 9/15/2025 9/15/2025 19,051.49 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 19,051.49 0.69 9/15/2025 9/15/2025 9,124.44 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 9,124.44 0.43 9/15/2025 9/15/2025 6,505.96 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 6,505.96 0.34 9/15/2025 9/15/2025 11,734.03 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 11,734.03 9/15/2025 9/15/2025 8,833.58 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 8,833.58 0.07 9/15/2025 9/15/2025 5,868.90 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 5,868.90 0.44 9/16/2025 9/16/2025 12,892.62 36265QAD8 GMCAR 2022-4 A3 4.82% 8/16/2027 12,892.62 0.84 9/18/2025 9/18/2025 18,837.81 43815QAC1 HAROT 2023-3 A3 5.41% 2/18/2028 18,837.81 2.09 For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 38
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade Settle Maturity Transact Yield Realized
Date Date Par ($) CUSIP Security Description Coupon Date Amount ($) at Market G/L (BV)

PAYDOWNS
9/21/2025 9/21/2025 5,260.63 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 5,260.63 0.58 Total PAYDOWNS 330,966.47 330,966.49 128.33
SELL
9/2/2025 9/5/2025 225,000.00 91282CGP0 US TREASURY N/B 4.00% 2/29/2028 227,075.48 3,479.76 9/2/2025 9/5/2025 400,000.00 91282CGP0 US TREASURY N/B 4.00% 2/29/2028 403,689.75 7,516.43 9/2/2025 9/5/2025 2,450,000.00 91282CGP0 US TREASURY N/B 4.00% 2/29/2028 2,472,599.69 65,981.32 Total SELL 3,075,000.00 3,103,364.92 76,977.51
For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 39
Portfolio Holdings
PFM Asset Management | pfmam.com 40
CITY OF LAKE ELSINORE Portfolio Holdings
Managed Account Detail of Securities Held
Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value U.S. Treasury

US TREASURY N/B
DTD 11/15/2016 2.000% 11/15/2026
912828U24 75,000.00 AA+ Aa1 1/13/2023 1/17/2023 70,441.41 3.72 566.58 73,663.07 73,587.90

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
91282CCH2 1,275,000.00 AA+ Aa1 9/4/2024 9/6/2024 1,169,364.26 3.59 4,027.68 1,197,511.78 1,196,358.00

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
91282CCH2 2,900,000.00 AA+ Aa1 6/6/2024 6/11/2024 2,565,253.91 4.39 9,161.01 2,666,774.75 2,721,128.00

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
91282CCH2 1,300,000.00 AA+ Aa1 8/1/2024 8/5/2024 1,173,960.94 3.96 4,106.66 1,209,301.20 1,219,816.00

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
91282CCH2 2,400,000.00 AA+ Aa1 10/1/2024 10/7/2024 2,211,468.75 3.51 7,581.52 2,258,837.40 2,251,968.00

US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
91282CCH2 225,000.00 AA+ Aa1 7/1/2024 7/3/2024 198,641.60 4.49 710.77 206,372.90 211,122.00

US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
91282CJR3 1,375,000.00 AA+ Aa1 1/2/2025 1/7/2025 1,344,653.32 4.36 13,030.74 1,349,871.64 1,379,350.50

US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
91282CJR3 2,600,000.00 AA+ Aa1 12/3/2024 12/6/2024 2,565,773.44 4.10 24,639.95 2,572,238.63 2,608,226.40

US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
91282CJR3 1,200,000.00 AA+ Aa1 10/31/2024 11/5/2024 1,182,093.75 4.14 11,372.28 1,185,745.27 1,203,796.80

US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
91282CJR3 1,475,000.00 AA+ Aa1 2/3/2025 2/6/2025 1,444,693.36 4.33 13,978.43 1,449,413.04 1,479,666.90

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
91282CEV9 900,000.00 AA+ Aa1 4/1/2025 4/4/2025 878,414.06 3.87 7,391.98 880,751.10 886,535.10

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
91282CEV9 1,500,000.00 AA+ Aa1 5/1/2025 5/6/2025 1,476,796.88 3.65 12,319.97 1,478,910.69 1,477,558.50

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
91282CEV9 900,000.00 AA+ Aa1 6/2/2025 6/5/2025 875,566.41 3.98 7,391.98 877,365.03 886,535.10

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
91282CEV9 2,650,000.00 AA+ Aa1 3/3/2025 3/6/2025 2,565,117.19 4.06 21,765.29 2,575,552.52 2,610,353.35

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
91282CEV9 925,000.00 AA+ Aa1 8/1/2025 8/5/2025 902,236.33 3.94 7,597.32 903,079.22 911,161.08 For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 41

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
91282CEV9 3,900,000.00 AA+ Aa1 9/2/2025 9/5/2025 3,841,652.34 3.67 32,031.93 3,842,671.45 3,841,652.10

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2029
91282CEV9 600,000.00 AA+ Aa1 7/1/2025 7/3/2025 589,054.69 3.75 4,927.99 589,683.99 591,023.40 Security Type Sub-Total 26,200,000.00 25,055,182.64 3.96 182,602.08 25,317,743.68 25,549,839.13 Negotiable CD

TORONTO DOMINION BANK NY
DTD 10/31/2022 5.600% 10/27/2025
89115B6K1 450,000.00 A- A2 10/27/2022 10/31/2022 450,000.00 5.60 23,870.00 450,000.00 450,442.80

NORDEA BANK ABP NEW YORK
DTD 11/03/2022 5.530% 11/03/2025
65558UYF3 450,000.00 A-1+ P-1 11/2/2022 11/3/2022 450,000.00 5.53 10,230.50 450,000.00 450,283.50 Security Type Sub-Total 900,000.00 900,000.00 5.57 34,100.50 900,000.00 900,726.30 Municipal

CALIFORNIA ST UNIV-B
DTD 07/29/2021 0.862% 11/01/2025
13077DQD7 85,000.00 AA- Aa2 7/9/2021 7/29/2021 85,000.00 0.86 305.29 85,000.00 84,774.75 CA ST
DTD 03/15/2023 4.846% 03/01/2027
13063D3N6 200,000.00 AA- Aa2 3/9/2023 3/15/2023 200,000.00 4.85 807.67 200,000.00 202,748.60 Security Type Sub-Total 285,000.00 285,000.00 3.67 1,112.96 285,000.00 287,523.35 Joint Powers Authority
CAMP Pool 1,187,493.79 AAAm NR 1,187,493.79 0.00 1,187,493.79 1,187,493.79 Security Type Sub-Total 1,187,493.79 1,187,493.79 0.00 1,187,493.79 1,187,493.79 Federal Agency

FANNIE MAE
DTD 11/12/2020 0.500% 11/07/2025
3135G06G3 650,000.00 AA+ Aa1 11/9/2020 11/12/2020 647,673.00 0.57 1,300.00 649,953.33 647,587.20 Security Type Sub-Total 650,000.00 647,673.00 0.57 1,300.00 649,953.33 647,587.20 PFM Asset Management | pfmam.com 42
CITY OF LAKE ELSINORE Portfolio Holdings
Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value Corporate

UNITEDHEALTH GROUP INC
(CALLABLE)
91324PEC2 225,000.00 A+ A2 5/17/2021 5/19/2021 224,608.50 1.19 977.50 224,951.17 220,951.13 DTD 05/19/2021 1.150% 05/15/2026

BMW US CAPITAL LLC (CALLABLE)
DTD 08/12/2021 1.250% 08/12/2026
05565EBW4 175,000.00 A A2 8/12/2021 8/16/2021 174,947.50 1.26 297.74 174,990.91 170,927.23

CATERPILLAR FINL SERVICE
DTD 01/10/2022 1.700% 01/08/2027
14913R2U0 225,000.00 A A2 1/11/2022 1/13/2022 223,863.75 1.81 881.88 224,710.72 219,058.88

TARGET CORP (CALLABLE)
DTD 01/24/2022 1.950% 01/15/2027
87612EBM7 40,000.00 A A2 1/19/2022 1/24/2022 39,932.00 1.99 164.67 39,982.38 39,050.64

BANK OF NY MELLON CORP
(CALLABLE)
DTD 01/26/2022 2.050% 01/26/2027
06406RBA4 475,000.00 A Aa3 1/26/2022 1/28/2022 473,945.50 2.10 1,758.16 474,721.42 463,820.88

MICROSOFT CORP (CALLABLE)
DTD 02/06/2017 3.300% 02/06/2027
594918BY9 750,000.00 AAA Aaa 3/14/2023 3/17/2023 721,942.50 4.36 3,781.25 740,273.13 745,553.25

AMERICAN EXPRESS CO (CALLABLE)
DTD 03/04/2022 2.550% 03/04/2027
025816CS6 300,000.00 A- A2 1/13/2023 1/18/2023 277,203.00 4.59 573.75 292,129.97 294,136.80

BERKSHIRE HATHAWAY FIN
(CALLABLE)
084664CZ2 475,000.00 AA Aa2 3/15/2022 3/17/2022 466,089.00 2.70 485.56 472,403.02 465,113.83 DTD 03/15/2022 2.300% 03/15/2027

CHARLES SCHWAB CORP
(CALLABLE)
808513BW4 300,000.00 A- A2 2/17/2023 2/22/2023 284,925.00 4.66 4,950.00 294,495.94 296,969.40 DTD 09/24/2021 3.300% 04/01/2027

NATIONAL AUSTRALIA BK/NY
DTD 06/09/2022 3.905% 06/09/2027
63254ABE7 500,000.00 AA- Aa2 1/13/2023 1/18/2023 488,325.00 4.50 6,074.44 495,510.18 499,919.00

APPLE INC (CALLABLE)
DTD 09/12/2017 2.900% 09/12/2027
037833DB3 775,000.00 AA+ Aaa 1/19/2023 1/23/2023 741,062.75 3.94 1,186.18 760,745.95 763,201.40

TOYOTA MOTOR CREDIT CORP
DTD 01/12/2023 4.625% 01/12/2028
89236TKQ7 375,000.00 A+ A1 2/8/2023 2/10/2023 376,282.50 4.55 3,805.99 375,594.21 380,413.88

NATIONAL RURAL UTIL COOP
(CALLABLE)
DTD 02/07/2018 3.400% 02/07/2028
637432NP6 350,000.00 A- A1 2/17/2023 2/22/2023 329,189.00 4.76 1,785.00 340,136.63 344,902.25

TEXAS INSTRUMENTS INC
(CALLABLE)
DTD 11/18/2022 4.600% 02/15/2028
882508BV5 85,000.00 A+ Aa3 5/11/2023 5/18/2023 87,043.40 4.04 499.61 86,004.03 86,463.79 For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 43
CITY OF LAKE ELSINORE Portfolio Holdings
Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value Corporate

BRISTOL-MYERS SQUIBB CO
(CALLABLE)
110122DE5 375,000.00 A A2 3/9/2023 3/13/2023 358,263.75 4.93 1,665.63 366,909.71 375,031.13 DTD 07/15/2020 3.900% 02/20/2028

LOCKHEED MARTIN CORP
(CALLABLE)
539830BZ1 60,000.00 A- A2 5/23/2023 5/25/2023 59,892.00 4.49 1,008.67 59,943.04 60,673.08 DTD 05/25/2023 4.450% 05/15/2028

MORGAN STANLEY BANK NA
(CALLABLE)
61690U8E3 525,000.00 A+ Aa3 7/18/2024 7/19/2024 525,525.00 4.94 5,578.65 525,323.56 532,761.08 DTD 07/19/2024 4.968% 07/14/2028

JOHN DEERE CAPITAL CORP
DTD 07/14/2023 4.950% 07/14/2028
24422EXB0 375,000.00 A A1 7/21/2023 7/25/2023 377,865.00 4.78 3,970.31 376,606.26 385,092.00

CITIBANK NA (CALLABLE)
DTD 09/29/2023 5.803% 09/29/2028
17325FBB3 750,000.00 A+ Aa3 10/2/2023 10/4/2023 746,280.00 5.92 241.79 747,638.33 786,679.50

AIR PRODUCTS & CHEMICALS
(CALLABLE)
DTD 02/08/2024 4.600% 02/08/2029
009158BH8 340,000.00 A A2 2/6/2024 2/8/2024 339,547.80 4.63 2,302.56 339,685.64 346,121.70

CISCO SYSTEMS INC (CALLABLE)
DTD 02/26/2024 4.850% 02/26/2029
17275RBR2 420,000.00 AA- A1 2/21/2024 2/26/2024 419,853.00 4.86 1,980.42 419,897.11 430,975.86

BLACKROCK FUNDING INC
(CALLABLE)
09290DAA9 50,000.00 AA- Aa3 3/5/2024 3/14/2024 49,909.50 4.74 110.97 49,935.42 51,144.35 DTD 03/14/2024 4.700% 03/14/2029

BLACKROCK FUNDING INC
(CALLABLE)
09290DAA9 725,000.00 AA- Aa3 3/6/2024 3/14/2024 725,355.25 4.69 1,609.10 725,256.06 741,593.08 DTD 03/14/2024 4.700% 03/14/2029

ADOBE INC (CALLABLE)
DTD 04/04/2024 4.800% 04/04/2029
00724PAF6 170,000.00 A+ A1 4/2/2024 4/4/2024 169,775.60 4.83 4,012.00 169,837.21 174,583.88

ADOBE INC (CALLABLE)
DTD 04/04/2024 4.800% 04/04/2029
00724PAF6 205,000.00 A+ A1 4/1/2024 4/4/2024 204,694.55 4.83 4,838.00 204,778.20 210,527.62

WELLS FARGO & COMPANY
(CALLABLE)
95000U3T8 290,000.00 BBB+ A1 4/15/2025 4/23/2025 290,000.00 4.97 6,325.71 290,000.00 295,522.18 DTD 04/23/2025 4.970% 04/23/2029

WELLS FARGO & COMPANY
(CALLABLE)
95000U3T8 110,000.00 BBB+ A1 4/16/2025 4/23/2025 110,088.00 4.95 2,399.41 110,076.11 112,094.62 DTD 04/23/2025 4.970% 04/23/2029
For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 44

BANK OF AMERICA CORP
(CALLABLE)
06051GMT3 600,000.00 A- A1 5/6/2025 5/9/2025 600,000.00 4.62 10,941.10 600,000.00 607,433.40 DTD 05/09/2025 4.623% 05/09/2029

HOME DEPOT INC (CALLABLE)
DTD 06/25/2024 4.750% 06/25/2029
437076DC3 125,000.00 A A2 6/17/2024 6/25/2024 124,193.75 4.90 1,583.33 124,380.17 128,008.00

HOME DEPOT INC (CALLABLE)
DTD 06/25/2024 4.750% 06/25/2029
437076DC3 250,000.00 A A2 6/18/2024 6/25/2024 248,627.50 4.88 3,166.67 248,945.40 256,016.00

AMERICAN HONDA FINANCE
DTD 09/05/2024 4.400% 09/05/2029
02665WFQ9 400,000.00 A- A3 9/3/2024 9/5/2024 399,520.00 4.43 1,271.11 399,614.59 402,098.80

MARS INC (CALLABLE)
DTD 03/12/2025 4.800% 03/01/2030
571676AY1 115,000.00 A A2 3/5/2025 3/12/2025 114,875.80 4.83 460.00 114,888.23 117,159.36

STATE STREET CORP (CALLABLE)
DTD 04/24/2025 4.834% 04/24/2030
857477DB6 200,000.00 A Aa3 4/22/2025 4/24/2025 200,000.00 4.83 4,216.32 200,000.00 205,322.60

PACCAR FINANCIAL CORP
DTD 05/08/2025 4.550% 05/08/2030
69371RT71 400,000.00 A+ A1 5/5/2025 5/8/2025 399,380.00 4.59 7,229.44 399,425.07 407,184.40

ANALOG DEVICES INC (CALLABLE)
DTD 06/16/2025 4.500% 06/15/2030
032654BE4 400,000.00 A- A2 6/12/2025 6/16/2025 399,648.00 4.52 5,250.00 399,667.73 405,098.80 Security Type Sub-Total 11,935,000.00 11,772,653.90 4.36 97,382.92 11,869,457.50 12,021,603.80 Agency CMBS
FHMS K054 A2
DTD 04/01/2016 2.745% 01/01/2026
3137BNGT5 234,564.89 AA+ Aa1 4/11/2023 4/14/2023 224,852.44 4.32 536.57 233,458.78 233,242.88 FHMS K058 A2
DTD 11/01/2016 2.653% 08/01/2026
3137BSP72 550,000.00 AA+ Aa1 4/6/2023 4/12/2023 526,839.84 3.98 1,215.96 543,813.77 543,518.80 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
3137BTUM1 364,012.14 AA+ Aa1 5/19/2023 5/24/2023 352,807.40 4.29 1,015.29 360,333.50 360,388.40 FHMS K064 A2
DTD 05/01/2017 3.224% 03/01/2027
3137BXQY1 550,000.00 AA+ Aa1 8/16/2023 8/18/2023 518,804.69 4.94 1,477.67 537,156.29 544,518.70 FHMS K065 A2
DTD 07/01/2017 3.243% 04/01/2027
3137F1G44 550,000.00 AA+ Aa1 6/8/2023 6/13/2023 527,033.20 4.42 1,486.38 540,694.49 544,171.10 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
3137HBC69 381,874.57 AA+ Aa1 12/6/2023 12/14/2023 381,871.52 4.86 1,545.96 381,873.62 388,230.49 PFM Asset Management | pfmam.com 45
CITY OF LAKE ELSINORE Portfolio Holdings
Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value Agency CMBS
FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
3137HAD45 431,744.77 AA+ Aa1 7/19/2023 7/27/2023 431,734.01 4.78 1,718.70 431,738.78 435,431.87 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
3137HACX2 550,000.00 AA+ Aa1 7/13/2023 7/20/2023 555,493.40 4.59 2,208.71 553,045.35 560,338.35 FNA 2023-M6 A2
DTD 07/01/2023 4.181% 07/01/2028
3136BQDE6 525,170.71 AA+ Aa1 7/18/2023 7/31/2023 516,267.43 4.58 1,829.78 520,138.42 526,161.71 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
3137HAMH6 800,000.00 AA+ Aa1 9/7/2023 9/14/2023 788,165.60 4.99 3,100.00 792,695.89 812,569.60 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
3137HAQ74 500,000.00 AA+ Aa1 10/11/2023 10/19/2023 489,032.00 5.25 1,975.00 493,095.10 509,658.50 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
3137HAST4 375,000.00 AA+ Aa1 10/25/2023 10/31/2023 363,043.88 5.60 1,515.63 367,203.79 383,611.50 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
3137HAMS2 500,000.00 AA+ Aa1 9/20/2023 9/28/2023 494,023.50 5.07 2,000.00 496,183.90 509,926.00 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
3137HB3D4 180,000.00 AA+ Aa1 11/14/2023 11/21/2023 179,479.62 5.14 760.35 179,660.36 184,865.40 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
3137HB3G7 275,000.00 AA+ Aa1 11/28/2023 12/7/2023 274,209.93 4.93 1,113.75 274,481.00 281,257.08 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
3137HBLV4 290,000.00 AA+ Aa1 2/1/2024 2/8/2024 292,899.71 4.34 1,104.90 291,992.81 294,246.18 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
3137HDV56 440,000.00 AA+ Aa1 7/16/2024 7/25/2024 442,702.04 4.58 1,730.67 442,130.56 449,638.64 FHMS K522 A2
DTD 06/01/2024 4.803% 05/01/2029
3137HDJJ0 535,894.87 AA+ Aa1 6/5/2024 6/13/2024 535,893.26 4.80 2,144.92 535,894.87 548,510.91 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
3137HDXL9 495,000.00 AA+ Aa1 8/7/2024 8/15/2024 499,630.23 4.33 1,873.99 498,663.57 503,386.79 FHMS K539 A2
DTD 04/01/2025 4.410% 01/01/2030
3137HKXJ8 190,000.00 AA+ Aa1 4/15/2025 4/24/2025 189,993.35 4.41 698.25 189,994.01 192,415.85 Security Type Sub-Total 8,718,261.96 8,584,777.05 4.72 31,052.48 8,664,248.86 8,806,088.75 For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 46
CITY OF LAKE ELSINORE Portfolio Holdings
Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value ABS
CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
14318MAD1 42,173.73 AAA NR 7/12/2022 7/20/2022 42,172.73 3.97 74.41 42,173.40 42,148.89 NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
65480JAC4 45,588.69 AAA Aaa 9/20/2022 9/28/2022 45,579.26 4.46 90.37 45,585.38 45,632.59 GMCAR 2022-4 A3
DTD 10/12/2022 4.820% 08/16/2027
36265QAD8 74,425.91 AAA NR 10/4/2022 10/12/2022 74,413.71 4.82 149.47 74,421.19 74,559.65 TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
891940AC2 117,143.26 AAA NR 1/24/2023 1/30/2023 117,143.20 4.63 241.05 117,143.24 117,389.96 COMET 2022-A3 A
DTD 11/03/2022 4.950% 10/15/2027
14041NGB1 245,000.00 AAA NR 10/27/2022 11/3/2022 244,961.56 4.95 539.00 244,984.17 245,083.06 HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
41285JAD0 73,246.28 NR Aaa 2/13/2023 2/23/2023 73,238.91 5.05 164.40 73,242.90 73,489.90 FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
344928AD8 68,066.81 AAA NR 3/28/2023 3/31/2023 68,059.71 4.65 140.67 68,063.35 68,250.45 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
43815QAC1 219,441.28 AAA NR 8/15/2023 8/22/2023 219,396.04 5.42 428.70 219,417.29 221,071.95 DCENT 2023-A1 A
DTD 04/11/2023 4.310% 03/15/2028
254683CY9 320,000.00 NR Aaa 4/4/2023 4/11/2023 319,981.44 4.31 612.98 319,990.75 320,349.44 AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
02582JJZ4 190,000.00 AAA NR 6/7/2023 6/14/2023 189,983.15 4.87 411.24 189,991.02 191,032.46 COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
14041NGD7 490,000.00 AAA NR 5/17/2023 5/24/2023 489,887.64 4.42 962.58 489,940.78 491,206.38 BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
05522RDG0 170,000.00 AAA NR 6/8/2023 6/16/2023 169,961.51 4.79 361.91 169,979.46 170,847.28 DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
254683CZ6 350,000.00 AAA Aaa 6/21/2023 6/28/2023 349,952.72 4.93 766.89 349,974.23 352,238.25 HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
438123AC5 74,398.77 NR Aaa 11/1/2023 11/8/2023 74,385.67 5.67 117.18 74,390.72 75,279.06 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
31680EAD3 262,444.38 AAA Aaa 8/15/2023 8/23/2023 262,428.11 5.53 645.03 262,434.99 264,860.44 CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
161571HT4 405,000.00 AAA NR 9/7/2023 9/15/2023 404,887.73 5.17 928.80 404,930.20 409,881.87 AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
02582JKD1 410,000.00 AAA NR 9/12/2023 9/19/2023 409,981.67 5.23 953.02 409,988.80 415,338.20 For the Quarter Ended September 30, 2025
PFM Asset Management | pfmam.com 47

CITY OF LAKE ELSINORE
For the Quarter Ended September 30, 2025
Portfolio Holdings
Security Type/Description
Dated Date/Coupon/Maturity CUSIP Par
S&P
Rating
Moody's
Rating
Trade
Date
Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
Value
ABS
PILOT 2025-1A A3
DTD 05/21/2025 4.610% 10/20/2028
73329KAD8 100,000.00 AAA NR 5/14/2025 5/21/2025 99,989.29 4.61 140.86 99,990.62 101,146.10 BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
05522RDH8 180,000.00 NR Aaa 12/7/2023 12/14/2023 179,975.83 4.98 398.40 179,984.42 182,208.78 AMXCA 2024-1 A
DTD 04/23/2024 5.230% 04/16/2029
02582JKH2 495,000.00 AAA NR 4/16/2024 4/23/2024 494,898.53 5.23 1,150.60 494,898.53 505,229.67 HAROT 2025-2 A3
DTD 05/08/2025 4.150% 10/15/2029
437921AD1 115,000.00 NR Aaa 4/29/2025 5/8/2025 114,987.15 4.15 212.11 114,988.47 115,396.18 BAAT 2025-1A A3
DTD 05/12/2025 4.350% 11/20/2029
05594BAD8 80,000.00 NR Aaa 5/6/2025 5/12/2025 79,994.48 4.35 106.33 79,995.16 80,511.36 MBART 2025-1 A3
DTD 01/23/2025 4.780% 12/17/2029
58773DAD6 550,000.00 NR Aaa 4/8/2025 4/9/2025 553,673.83 4.62 1,168.44 553,336.38 557,323.80 VZMT 2025-3 A1A
DTD 03/31/2025 4.510% 03/20/2030
92348KDY6 415,000.00 NR Aaa 3/25/2025 3/31/2025 414,982.16 4.51 571.89 414,984.91 418,447.40 GMCAR 2025-2 A3
DTD 05/14/2025 4.280% 04/16/2030
362549AD9 90,000.00 AAA Aaa 5/6/2025 5/14/2025 89,986.75 4.28 160.50 89,987.76 90,685.71 BACCT 2025-A1 A
DTD 06/12/2025 4.310% 05/15/2030
05522RDK1 250,000.00 AAA NR 6/5/2025 6/12/2025 249,999.05 4.31 478.89 250,000.00 252,860.75 WFCIT 2025-A1 A
DTD 06/10/2025 4.340% 05/15/2030
92970QAJ4 485,000.00 AAA NR 6/3/2025 6/10/2025 484,991.95 4.34 935.51 484,993.92 490,183.20 CCCIT 2025-A1 A
DTD 06/26/2025 4.300% 06/21/2030
17305EHA6 550,000.00 AAA Aaa 6/18/2025 6/26/2025 549,850.79 4.31 6,240.97 549,858.04 555,722.20 Security Type Sub-Total 6,866,929.11 6,869,744.57 4.75 19,152.20 6,869,670.08 6,928,374.98 Managed Account Sub Total 55,555,191.07 54,115,031.16 4.25 366,703.14 54,556,073.45 55,141,743.51 Securities Sub Total $56,742,684.86 $55,302,524.95 4.25% $366,703.14 $55,743,567.24 $56,329,237.30 Accrued Interest $366,703.14
Total Investments $56,695,940.44
PFM Asset Management | pfmam.com 48

CITY OF LAKE ELSINORE
For the Quarter Ended September 30, 2025
Appendix
Important Disclosures
This material is for general information purposes only and is not intended to provide specific advice or a specific recommendation, as it was prepared without regard to any specific objectives or financial circumstances.

PFMAM professionals have exercised reasonable professional care in the preparation of this performance report. Information in this report is obtained from sources external to PFMAM and is generally believed to be reliable and available to the public; however, we cannot guarantee its accuracy, completeness or suitability. We rely on the client's custodian for security holdings and market values. Transaction dates reported by the custodian may differ from money manager statements.

While efforts are made to ensure the data contained herein is accurate and complete, we disclaim all responsibility for any errors that may occur. References to particular issuers are for illustrative purposes only and are not intended to be recommendations or advice regarding such issuers. Fixed income manager and index characteristics are gathered from external sources. When average credit quality is not available, it is estimated by taking the market value weights of individual credit tiers on the portion of the strategy rated by a NRSRO.

It is not possible to invest directly in an index. The index returns shown throughout this material do not represent the results of actual trading of investor assets.

Third-party providers maintain the indices shown and calculate the index levels and performance shown or discussed. Index returns do not reflect payment of any sales charges or fees an investor would pay to purchase the securities they represent. The imposition of these fees and charges would cause investment performance to be lower than the performance shown.

The views expressed within this material constitute the perspective and judgment of PFMAM at the time of distribution and are subject to change. Any forecast, projection, or prediction of the market, the economy, economic trends, and equity or fixed-income markets are based upon certain assumptions and current opinion as of the date of issue and are also subject to change. Some, but not all assumptions are noted in the report. Assumptions may or may not be proven correct as actual events occur, and results may depend on events outside of your or our control. Changes in assumptions may have a material effect on results. Opinions and data presented are not necessarily indicative of future events or expected performance.

PFM Asset Management serves clients in the public sector and is a division of U.S. Bancorp Asset Management, Inc., which is the legal entity providing investment advisory services. U.S. Bancorp Asset Management, Inc. is a registered investment adviser, a direct subsidiary of U.S. Bank N.A. and an indirect subsidiary of U.S.

Bancorp. U.S. Bank N.A. is not responsible for and does not guarantee the products, services, or performance of U.S. Bancorp Asset Management, Inc. The information contained is not an offer to purchase or sell any securities. Additional applicable regulatory information is available upon request.

For more information regarding PFMAM's services or entities, please visit www.pfmam.com.

Further distribution is not permitted without prior written consent.

PFM Asset Management | pfmam.com 49

CITY OF LAKE ELSINORE
For the Quarter Ended September 30, 2025
Appendix
Important Disclosures
This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security. Investors should consider the Trust’s investment objectives, risks, charges and expenses before investing in the Trust. This and other information about the Trust is available in the Trust’s current Information Statement, which should be read carefully before investing. A copy of the Trust’s Information Statement may be obtained by calling 1-800-729-7665 or is available on the Trust’s website at www.camponline.com. While the Cash Reserve Portfolio seeks to maintain a stable net asset value of $1.00 per share and the CAMP Term Portfolio seeks to achieve a net asset value of $1.00 per share at the stated maturity, it is possible to lose money investing in the Trust. An investment in the Trust is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Shares of the Trust are distributed by U.S. Bancorp Investments, Inc., member FINRA (www.finra.org) and SIPC (www.sipc.org). PFM Asset Management is a division of U.S. Bancorp Asset Management, Inc., which serves as administrator and investment adviser to the Trust. U.S. Bancorp Asset Management, Inc. is a direct subsidiary of U.S. Bank N.A. and an indirect subsidiary of U.S. Bancorp. U.S. Bancorp Investments, Inc. is a subsidiary of U.S. Bancorp and affiliate of U.S. Bank N.A.

Generally, PFMAM’s market prices are derived from closing bid prices as of the last business day of the month as supplied by ICE Data Services. There may be differences in the values shown for investments due to accrued but uncollected income and the use of differing valuation sources and methods. Non-negotiable FDIC-insured bank certificates of deposit are priced at par. Although PFMAM believes the prices to be reliable, the values of the securities may not represent the prices at which the securities could have been bought or sold. Explanation of the valuation methods for a registered investment company or local government investment program is contained in the appropriate fund offering documentation or information statement.

In accordance with generally accepted accounting principles, information is presented on a trade date basis; forward settling purchases are included in the monthly balances, and forward settling sales are excluded.

Performance is presented in accordance with the CFA Institute's Global Investment Performance Standards (GIPS). Unless otherwise noted, performance is shown gross of fees. Quarterly returns are presented on an unannualized basis. Returns for periods greater than one year are presented on an annualized basis. Past performance is not indicative of future returns.

ICE Bank of America Indices provided by Bloomberg Financial Markets.

Money market fund/cash balances are included in performance and duration computations.

Standard & Poor's is the source of the credit ratings. Distribution of credit rating is exclusive of money market fund/LGIP holdings.

Callable securities in the portfolio are included in the maturity distribution analysis to their stated maturity date, although, they may be called prior to maturity.

MBS maturities are represented by expected average life.

PFM Asset Management | pfmam.com 50
5)
CC Warrant Report Dated November 03, 2025 to November 09, 2025 Receive and file.

Page 1 of 1 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:December 9, 2025
Subject:CC Warrant Report Dated November 03, 2025 to November 09, 2025 Recommendation
Receive and file.

Discussion
The Warrant Report lists all general checks issued since the prior Warrant Report.

Attachments
Attachment 1 – City Warrant Summary
Attachment 2 – City Warrant List
NOVEMBER 03, 2025
TO NOVEMBER 09, 2025 CITY OF LAKE ELSINORE CITY WARRANT SUMMARY FUND NO. FUND DESCRIPTION TOTAL
100 GENERAL 897,363.81 $
103 THE ANCHOR 43,859.64
110 GAS TAX 8,750.75
130 LIGHTING, LANDSCAPE, MAINTENANCE DIST - CITYWIDE 18,183.37 135 LIGHTING, LANDSCAPE, MAINTENANCE DIST - NO. 1 8,143.52 150 COMMUNITY DEVELOPMENT BLOCK GRANT 9,186.84
180 LAUNCH POINTE 101,329.78
300 INSURANCE SERVICE (10,922.44)
305 INFORMATION SYSTEMS SERVICE 46,037.41
310 SUPPORT SERVICE 4,723.20
315 FLEET SERVICE 23,345.66
320 FACILITIES SERVICE 29,383.81
354 CFD 90-2 TUSCANY HILLS IMPROVEMENT 2,278.90
500 CAPITAL IMPROVEMENT PLAN 723,914.70
620 COST RECOVERY TRUST DEPOSITS (17.00)
631 DESTRATIFICATION EQUIPMENT REPLACEMENT 3,188.68
GRAND TOTAL 1,908,750.63 $
Attachment 1 1 of 1
NOVEMBER 03, 2025
TO NOVEMBER 09, 2025 CITY OF LAKE ELSINORE CITY WARRANT LIST WARRANT NO. VENDOR NAME AMOUNT
APA26000867 ANEEN CONSTRUCTION, INC. 290,732.50 $
APA26000868 AZTECA CLEANING SERVICES LLC 17,484.16
APA26000869 BEGINNERS EDGE SPORTS TRAINING, LLC 900.00
APA26000870 BITE ON FISHING LLC 445.55
APA26000871 BROTHERS TOWING 11,670.00
APA26000872 CARDLOCK FUELS SYSTEM LLC 6,929.32
APA26000873 CDW GOVERNMENT, INC. 8,152.60
APA26000874 CED LAGUNA 21,313.68
APA26000875 CENTURY LINK 41.24
APA26000876 CHARTER COMMUNICATIONS 57.64
APA26000877 CITY NET 42,372.41
APA26000878 CONCENTRA 232.00
APA26000879 DAVID TURCH & ASSOCIATES 10,500.00
APA26000880 DISCOUNT HAULING & CLEANUP SERVICE 20,325.00 APA26000881 DUSTIN THOMPSON PHOTOGRAPHY 750.00
APA26000882 EDMONDSON CONSTRUCTION, INC. 279,400.00
APA26000883 EXCEL LANDSCAPE, INC. 1,333.70
APA26000884 FEDERAL EXPRESS CORPORATION 238.68
APA26000885 FEHR & PEERS 4,365.00
APA26000886 FRONTIER CALIFORNIA, INC. 839.06
APA26000887 GOLDEN STATE BAIT, INC. 10,000.00
APA26000888 GOLDSTAR ASPHALT PRODUCTS 191.40
APA26000889 GREAT AMERICA FINANCIAL SERVICES 733.04
APA26000890 GUIDA SERVEYING, INC. 1,627.44
APA26000891 HANCOCK, LORENA 3,802.50
APA26000892 HEMET FENCE CORP 3,900.00
APA26000893 HESTER ROOFING 3,064.44
APA26000894 HEYDAY 3,950.00
APA26000895 INTERNATIONAL CODE COUNCIL, INC. 170.00
APA26000896 INTERSTATE STRIPING, INC. 75,495.00
APA26000897 KELLEN'S BAIT 105.00
APA26000898 LIUNA LOCAL 777 720.00
APA26000899 MORTON PEST CONTROL INC 3,100.00
APA26000900 MULLIN 360 REAL ESTATE SERVICES LLC 13,000.00 APA26000901 NSIDEOUT 180.00
APA26000902 PRESS-ENTERPRISE, THE 283.11
APA26000903 PUBLIC SAFETY ENTERPRISE COMMUNICATION 1,217.60 APA26000904 RAPID FIRE SAFETY & SECURITY LLC 260.00
APA26000905 RIVERSIDE COUNTY TRANSPORTATION & LAND MANAGEMENT 1,445.64 APA26000906 ROW TRAFFIC SAFETY, INC 6,936.85
APA26000907 SALES AND DISTRIBUTION SERVICES, INC. 4,534.19 Attachment 2 1 OF 3
NOVEMBER 03, 2025
TO NOVEMBER 09, 2025 CITY OF LAKE ELSINORE CITY WARRANT LIST WARRANT NO. VENDOR NAME AMOUNT
APA26000908 SHRED-IT USA, LLC 85.60
APA26000909 SOUTHERN CALIFORNIA EDISON CO. 28,736.14
APA26000910 SOUTHERN CALIFORNIA GAS CO. 6.45
APA26000911 SOUTHERN CALIFORNIA GAS CO. 14.79
APA26000912 SOUTHERN CALIFORNIA GAS CO. 21.24
APA26000913 SOUTHERN CALIFORNIA GAS CO. 128.92
APA26000914 SOUTHERN CALIFORNIA GAS CO. 120.22
APA26000915 SOUTHERN CALIFORNIA GAS CO. 38.46
APA26000916 SOUTHERN CALIFORNIA GAS CO. 212.75
APA26000917 SOUTHERN CALIFORNIA GAS CO. 57.82
APA26000918 SOUTHERN CALIFORNIA GAS CO. 14.79
APA26000919 SOUTHERN CALIFORNIA GAS CO. 25.54
APA26000920 STAUFFER LAWN EQUIPMENT 358.82
APA26000921 STK ARCHITECTURE, INC. 3,306.52
APA26000922 STORYLAND STUDIOS DBA PLAINJOE STUDIOS 2,250.00 APA26000923 UNIFIRST CORP 623.32
APA26000924 VALLEY-WIDE ELITE GYMNASTICS 1,484.25
APA26000925 VISTA COMMUNITY CLINIC 9,186.84
APA26000926 VULCAN MATERIALS COMPANY 2,220.70
APA26000927 WAXIE SANITARY SUPPLY 1,634.12
10375 AK SECURITY ALARM LLC 18,730.95
10376 AMAZON BUSINESS 4,314.88
10377 BRINKS INCORPORATED 24.15
10378 BRINKS INCORPORATED 1,040.56
10379 DELONE, MARIA JAZMINE 1,395.00
10380 ENGINEERING RESOURCES OF SO CA 1,353.75
10381 ENGINEERING RESOURCES OF SO CA 8,336.00
10382 HEFINGTON MARTIAL ARTS 243.75
10383 INLAND BOAT CENTER, INC. 895.00
10384 INNOVATIVE DOCUMENT SOLUTIONS 3,751.48
10385 LAKE ELSINORE TIRE & AUTO, INC. 1,664.74
10386 LAKE ELSINORE VALLEY CHAMBER OF COMMERCE 6,000.00 10387 MURPHY & EVERTZ LLP 1,447.50
10388 REGIONAL CONSERVATION AUTHORITY 10,671.24
10389 SAN DIEGO ICE COMPANY, INC. 232.74
10390 SECURITAS SECURITY SERVICES USA, INC. 3,073.72
10391 SMER RESEARCH 1, LLC 14,278.50
10392 SMER RESEARCH 1, LLC 14,419.58
10393 SOUTHWEST ICE MACHINES 150.00
10394 SOUTHWEST ICE MACHINES 221.25
10395 STAPLES ADVANTAGE 197.11
10396 STAPLES ADVANTAGE 36.82
Attachment 2 2 OF 3
NOVEMBER 03, 2025
TO NOVEMBER 09, 2025 CITY OF LAKE ELSINORE CITY WARRANT LIST WARRANT NO. VENDOR NAME AMOUNT
10397 THOMSON REUTERS - WEST PUBLISHING CORP. 538.68
143657 LEE, JULIE (2,278.90)
143935 EMPLOYMENT DEVELOPMENT DEPARTMENT, STATE OF CALIFORNIA6,224.00 143936 EVMWD 54,054.62
143940 FRONTIER CALIFORNIA, INC. 2,972.63
143941 IE LICENSING LLC 55,190.28
143942 LEE, JULIE 2,278.90
DFT260323 CALPERS 77,585.54
DFT260324 TASC 12,773.46
DFT260325 INTERNAL REVENUE SERVICE 117,163.23
DFT260326 FRANCHISE TAX BOARD 26,175.00
DFT260327 MISSION SQUARE RETIREMENT 262.86
DFT260328 MISSION SQUARE RETIREMENT 8,702.58
DFT260329 NATIONWIDE TRUST COMPANY, FSB 1,968.01
DFT260330 FRANCHISE TAX BOARD 150.00
DFT260331 RIVERSIDE COUNTY SHERIFF'S OFFICE 926.50
DFT260332 STATE DISBURSEMENT UNIT 134.30
DFT260333 STATE DISBURSEMENT UNIT 245.53
DFT260334 INTERNAL REVENUE SERVICE 198.50
DFT260335 PAYCHEX OF NEW YORK, LLC 2,332.00
DFT260336 BITE ON FISHING LLC (211.00)
DFT260337 BITE ON FISHING LLC (234.55)
DFT260359 CALIFORNIA DEPARTMENT OF FISH AND WILDLIFE 54.14 DFT260363 BANK OF AMERICA (8767) 1,751.56
DFT260365 BANK OF AMERICA (0061) 1,304.13
DFT260376 GUARDIAN 21,009.67
DFT260377 CALPERS 182,755.93
PR11062025 NET PAYROLL 338,918.27
GRAND TOTAL 1,908,750.63 $
Attachment 2 3 OF 3
6)
CC Warrant Report Dated November 10, 2025 to November 16, 2025 Receive and file.

Page 1 of 1 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:December 9, 2025
Subject:CC Warrant Report Dated November 10, 2025 to November 16, 2025 Recommendation
Receive and file.

Discussion
The Warrant Report lists all general checks issued since the prior Warrant Report.

Attachments
Attachment 1 – City Warrant Summary
Attachment 2 – City Warrant List
Administrative Services
NOVEMBER 10, 2025
TO NOVEMBER 16, 2025 CITY OF LAKE ELSINORE CITY WARRANT SUMMARY FUND NO. FUND DESCRIPTION TOTAL
100 GENERAL 376,513.33 $
103 THE ANCHOR 14,877.52
110 GAS TAX 4,157.59
121 TOTAL ROAD IMPROVEMENT PROGRAM 107,681.01
130 LIGHTING, LANDSCAPE, MAINTENANCE DIST - CITYWIDE 40,707.52 135 LIGHTING, LANDSCAPE, MAINTENANCE DIST - NO. 1 6,910.57 155 NATIONAL POLLUTANT DISCHARGE ELIMINATION SYSTEM 1,708.60 180 LAUNCH POINTE 12,185.76
305 INFORMATION SYSTEMS SERVICE 32,012.24
310 SUPPORT SERVICE 2,949.36
315 FLEET SERVICE 7,654.79
320 FACILITIES SERVICE 4,277.52
330 CFD 2015-2S MAINTENANCE SERVICES 2,551.62
331 CFD 2006-1 IA-CC SUMMERLY IMPROVEMENT 835.13
332 CFD 2006-1 IA-B SUMMERLY IMPROVEMENT 835.13
333 CFD 2015-4 TERRACINA IMPROVEMENT 835.13
334 CFD 2015-5 TRIESTE IMPROVEMENT 813.33
336 CFD 2006-1 IA-FF SUMMERLY IMPROVEMENT 813.33
337 CFD 2016-2 CANYON HILLS IMPROVEMENT 789.64
338 CFD 2006-1 IA-JJ SUMMERLY IMPROVEMENT 813.33
339 CFD 2006-1 IA-KK SUMMERLY IMPROVEMENT 835.13
340 CFD 2006-1 IA-EE SUMMERLY IMPROVEMENT 813.33
342 CFD 2007-5S RED KITE SERVICES 596.52
343 CFD 2006-2S VISCAYA SERVICES 596.52
344 CFD 2005-2S ALBERHILL RANCH SERVICES 596.52
345 CFD 2003-2 IA-D CANYON HILLS IMPROVEMENT 1,648.47
347 CFD 2006-1 IA-A SUMMERLY IMPROVEMENT 1,431.65
350 CFD 98-1 SUMMERHILL IMPROVEMENT 835.13
351 CFD 2006-1 IA-II SUMMERLY IMPROVEMENT 835.13
355 RAD 2021-1 CANYON HILLS IMPROVEMENT 4,279.85
357 CFD 2003-2 IA-A CANYON HILLS IMPROVEMENT 1,073.74
358 CFD 2007-4S MAKENNA SERVICES 596.52
359 CFD 2021-1 IA-2 TUSCANY VALLEY & CREST IMPROVEMENT 874.84 361 CFD 2022-2 LAKESHORE IMPROVEMENT 694.44
362 CFD 2006-8S RUNNING DEER ESTATES SERVICES 596.52
363 CFD 2023-1 LAKESIDE IMPROVEMENT 694.44
364 CFD 2023-2 COASTAL MISSION TRAIL IMPROVEMENT 707.30 366 CFD 2005-6 CITY CENTER TOWNHOMES IMPROVEMENT 596.52 367 CFD 2006-1S SUMMERLY SERVICES 596.52
368 CFD 2006-2 VISCAYA IMPROVEMENT 596.52
369 CFD 2004-3 IA-1 ROSETTA CANYON IMPROVEMENT 835.13
370 CFD 2006-1 IA-HH SUMMERLY IMPROVEMENT 835.13
Attachment 1 1 of 2
NOVEMBER 10, 2025
TO NOVEMBER 16, 2025 CITY OF LAKE ELSINORE CITY WARRANT SUMMARY FUND NO. FUND DESCRIPTION TOTAL
371 CFD 2005-1 SERENITY IMPROVEMENT 835.13
372 CFD 2005-2 IA-A ALBERHILL RANCH IMPROVEMENT 835.13
373 CFD 2005-5S WASSON CANYON SERVICES 596.52
374 CFD 2005-4 LAKEVIEW VILLAS IMPROVEMENT 298.26
375 CFD 2006-4 ROSETTA HILLS IMPROVEMENT 298.26
376 CFD 2006-3 LA STRADA IMPROVEMENT 596.52
377 CFD 2006-6 TESSARA IMPROVEMENT 2,357.91
378 CFD 2006-8 RUNNING DEER ESTATES IMPROVEMENT 789.64
379 CFD 2022-1 ALBERHILL IMPROVEMENT 694.44
380 CFD 2015-4S TERRACINA SERVICES 607.56
381 CFD 2025-1 CANYON HILLS HEIGHTS IMPROVEMENT 319.12
383 CFD 2025-2 CAMBERN APARTMENTS SERVICES 290.19
384 CFD 2003-2 IA-B CANYON HILLS IMPROVEMENT 3,676.64
385 CFD 2004-3 IA-2 ROSETTA CANYON IMPROVEMENT 835.13
386 CFD 2007-4 MAKENNA IMPROVEMENT 789.64
387 CFD 2007-5 RED KITE IMPROVEMENT 789.64
390 CFD 2003-2 IA-C CANYON HILLS IMPROVEMENT 2,147.48
394 CFD 2005-5 WASSON CANYON IMPROVEMENT 596.52
395 CFD 2018-1 WASSON CANYON II IMPROVEMENT 564.03
396 CFD 2019-2 NICHOLS RANCH IMPROVEMENT 2,802.15
397 CFD 2019-1 WESTLAKE IMPROVEMENT 802.15
398 CFD 2021-1 IA-1 TUSCANY VALLEY & CREST IMPROVEMENT 874.84 500 CAPITAL IMPROVEMENT PLAN 212,118.77
620 COST RECOVERY TRUST DEPOSITS 344.80
650 CFD 2003-1S LAW,FIRE, PARAMEDIC SERVICES 835.13
651 CFD 2006-5S PARK, OPEN SPACE, STORM DRAIN SERVICES 596.52 652 CFD 2007-1S LAW,FIRE, PARAMEDIC SERVICES 596.52
653 CFD 2009-1S PARK,OPEN SPACE,STREET LIGHT SERVICES 2,318.72 655 CFD 2015-1S LAW, FIRE, PARAMEDIC SERVICES 948.95
GRAND TOTAL 881,244.63 $
Attachment 1 2 of 2
NOVEMBER 10, 2025
TO NOVEMBER 16, 2025 CITY OF LAKE ELSINORE CITY WARRANT LIST WARRANT NO. VENDOR NAME AMOUNT
APA26000928 ALLIED TRAFFIC EQUIPMENT RENTAL 846.08 $
APA26000929 AMERICAN LADY VETS, INC 212,836.80
APA26000930 CARDLOCK FUELS SYSTEM LLC 3,945.22
APA26000931 CED LAGUNA 2,434.16
APA26000932 CHARTER COMMUNICATIONS 1,015.00
APA26000933 COMMUNITY WORKS DESIGN GROUP 10,517.50
APA26000934 COSTAR REALTY INFORMATION INC. 902.14
APA26000935 COUNTY OF RIVERSIDE DEPT. OF ENVIRONMENTAL HEALTH 874.00 APA26000936 CREATIVE INDUSTRIES MEDIA GROUP 9,840.00
APA26000937 DIRECTV 159.99
APA26000938 DISCOUNT HAULING & CLEANUP SERVICE 5,930.00 APA26000939 DOUGLAS HINER UMPIRING SERVICES 504.00
APA26000940 DUSTIN THOMPSON PHOTOGRAPHY 313.00
APA26000941 EMBROIDERY & MORE, INC. 1,193.23
APA26000942 FRONTIER CALIFORNIA - INTERNET 1,072.08
APA26000943 FRONTIER CALIFORNIA, INC. 90.79
APA26000944 GREAT AMERICA FINANCIAL SERVICES 949.36
APA26000946 JON'S FLAGS & POLES INC. 2,862.30
APA26000947 MORTON PEST CONTROL INC 1,965.00
APA26000948 NAKAE & ASSOCIATES, INC. 3,650.00
APA26000949 O'REILLY AUTO STORES INC/FIRST CALL 3,512.83 APA26000950 PLUMBERS DEPOT, INC. 1,112.08
APA26000951 PRESS-ENTERPRISE, THE 1,522.95
APA26000952 PUBLIC SAFETY ENTERPRISE COMMUNICATION 730.56 APA26000953 PUBLIC SAFETY ENTERPRISE COMMUNICATION 730.56 APA26000954 QUICK CRETE PRODUCTS CORP. 710.92
APA26000956 SOUTHERN CALIFORNIA EDISON CO. 36,532.65
APA26000957 STORYLAND STUDIOS DBA PLAINJOE STUDIOS 943.09 APA26000958 UNIFIRST CORP 551.42
APA26000959 VERIZON WIRELESS (#1) 2,581.74
APA26000960 VERIZON WIRELESS (#2) 4,143.24
APA26000961 VISTA PAINT CORPORATION 1,004.73
APA26000962 VULCAN MATERIALS COMPANY 1,138.67
10398 AK SECURITY ALARM LLC 39,018.98
10399 ALVAREZ ENTERPRISE SERVICES 11,180.51
10400 AMAZON BUSINESS 2,155.86
10401 AMERICAN MATERIAL COMPANY 450.61
10402 AREA 63 PRODUCTIONS 6,587.50
10403 ENDRESEN DEVELOPMENT, INC. 1,157.25
10404 ENDRESEN DEVELOPMENT, INC. 947.22
10405 ENDRESEN DEVELOPMENT, INC. 18,873.60
Attachment 2 1 OF 2
NOVEMBER 10, 2025
TO NOVEMBER 16, 2025 CITY OF LAKE ELSINORE CITY WARRANT LIST WARRANT NO. VENDOR NAME AMOUNT
10406 ENDRESEN DEVELOPMENT, INC. 18,873.60
10407 ENDRESEN DEVELOPMENT, INC. 17,800.00
10408 ENDRESEN DEVELOPMENT, INC. 12,865.44
10409 ENDRESEN DEVELOPMENT, INC. 125,000.00
10410 FERGUSON 235.15
10411 HI-WAY SAFETY, INC. 1,596.58
10412 LAKE ELSINORE VALLEY CHAMBER OF COMMERCE 10,000.00 10413 MICHAEL BAKER INTERNATIONAL, INC. 57,994.00
10414 QUADIENT FINANCE USA, INC. 2,000.00
10415 RENTERIA, YARABITH BUENFIL 1,210.50
10416 RIGHTWAY SITE SERVICES, INC. 432.56
10417 SAN DIEGO ICE COMPANY, INC. 344.80
10418 SOUTHERN CALIFORNIA GAS CO. 744.21
10419 SPICER CONSULTING GROUP 53,231.78
10423 WILMINGTON TRUST, NATIONAL ASSOCIATION 8,000.00
143943 EVMWD 28,825.67
DFT260360 CALIFORNIA DEPARTMENT OF FISH AND WILDLIFE 93.28 DFT260364 COMPUTERSHARE TRUST COMPANY, N.A. 107,681.01
DFT260375 LOWE'S 5,635.85
DFT260378 PAYCHEX OF NEW YORK, LLC 7,754.20
DFT260382 LOWE'S 23,438.38
GRAND TOTAL 881,244.63 $
Attachment 2 2 OF 2
7)
CC Warrant Report Dated November 17, 2025 to November 23, 2025 Receive and file.

Page 1 of 1 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:December 9, 2025
Subject:CC Warrant Report Dated November 17, 2025 to November 23, 2025 Recommendation
Receive and file.

Discussion
The Warrant Report lists all general checks issued since the prior Warrant Report.

Attachments
Attachment 1 – City Warrant Summary
Attachment 2 – City Warrant List
Administrative Services
NOVEMBER 17, 2025
TO NOVEMBER 23, 2025 CITY OF LAKE ELSINORE CITY WARRANT SUMMARY FUND NO. FUND DESCRIPTION TOTAL
100 GENERAL 851,126.01 $
103 THE ANCHOR 2,925.73
110 GAS TAX 87,226.19
130 LIGHTING, LANDSCAPE, MAINTENANCE DIST - CITYWIDE 188,896.36 135 LIGHTING, LANDSCAPE, MAINTENANCE DIST - NO. 1 1,633.20 155 NATIONAL POLLUTANT DISCHARGE ELIMINATION SYSTEM 27,529.63 180 LAUNCH POINTE 67,834.04
300 INSURANCE SERVICE (8,333.07)
305 INFORMATION SYSTEMS SERVICE 61,489.05
310 SUPPORT SERVICE 191.13
315 FLEET SERVICE 19,115.86
320 FACILITIES SERVICE 20,168.95
359 CFD 2021-1 IA-2 TUSCANY VALLEY & CREST IMPROVEMENT 24,577.82 500 CAPITAL IMPROVEMENT PLAN 2,312,430.32
620 COST RECOVERY TRUST DEPOSITS 33,256.71
GRAND TOTAL 3,690,067.93 $
Attachment 1 1 of 1
NOVEMBER 17, 2025
TO NOVEMBER 23, 2025 CITY OF LAKE ELSINORE CITY WARRANT LIST WARRANT NO. VENDOR NAME AMOUNT
APA26000963 ACTION GAS & WELDING SUPPLY 173.01 $
APA26000964 ALBERT WEBB & ASSOCIATES 17,975.00
APA26000965 AMERICAN ALLIANCE DRUG TESTING 255.00
APA26000966 ANIMAL FRIENDS OF THE VALLEY 22,614.71
APA26000967 APEX VIDEO GROUP, LLC 2,000.00
APA26000968 ASCENT ENVIRONMENTAL, INC 29,955.00
APA26000969 ATKINSON, ANDELSON, LOYA, RUUD & ROMO 23,637.00 APA26000970 AUTOZONE PARTS, INC. 1,353.94
APA26000971 AZTECA CLEANING SERVICES LLC 8,742.08
APA26000972 BERRYDUNN 10,869.00
APA26000973 BIO-TOX LABORATORIES 2,627.00
APA26000974 BLAIS & ASSOCIATES, INC. 11,067.68
APA26000975 CALIFORNIA, DEPARTMENT OF JUSTICE 32.00
APA26000976 CARDLOCK FUELS SYSTEM LLC 48.92
APA26000977 CDW GOVERNMENT, INC. 21,721.26
APA26000978 CED LAGUNA 9,426.54
APA26000979 CHARLES ABBOTT ASSOCIATES, INC. 8,888.37
APA26000980 CONCENTRA 276.00
APA26000981 CORNWELL TOOLS 2,154.98
APA26000982 CR&R, INC. 4,467.11
APA26000983 CR&R, INC. 4,998.95
APA26000984 DISCOUNT HAULING & CLEANUP SERVICE 3,300.00 APA26000985 ENVIROMINE, INC. 5,688.75
APA26000986 EXCEL LANDSCAPE, INC. 1,847.02
APA26000987 FEHR & PEERS 4,770.00
APA26000988 HELIX ENVIRONMENTAL PLANNING INC. 11,859.86 APA26000990 IMAGEN, INC. 706.27
APA26000991 KELLEN'S BAIT 263.25
APA26000992 KOA CORPORATION 39,772.50
APA26000993 LEONIDA BUILDERS, INC. 977,022.75
APA26000994 LIUNA LOCAL 777 708.00
APA26000995 LOR GEOTECHNICAL GROUP 20,504.00
APA26000996 LSA ASSOCIATES, INC. 27,446.50
APA26000997 LSL, LLP 2,500.00
APA26000998 MORTON PEST CONTROL INC 730.00
APA26000999 MOTOPORT USA 839.40
APA26001000 O'REILLY AUTO STORES INC/FIRST CALL 497.92
APA26001001 PECHANGA BAND OF INDIANS 284.40
APA26001002 PUBLIC SAFETY ENTERPRISE COMMUNICATION 1,217.60 APA26001003 QUADIENT, INC. 191.13
APA26001004 RAPID FIRE SAFETY & SECURITY LLC 360.00
Attachment 2 1 OF 3
NOVEMBER 17, 2025
TO NOVEMBER 23, 2025 CITY OF LAKE ELSINORE CITY WARRANT LIST WARRANT NO. VENDOR NAME AMOUNT
APA26001005 RIVERSIDE COUNTY TRANSPORTATION & LAND MANAGEMENT 79,932.67 APA26001006 RP LANDSCAPE & IRRIGATION 78,864.65
APA26001007 SATELLITEPHONESTORE.COM 5,482.40
APA26001008 SCOTT FAZEKAS & ASSOCIATES, INC. 1,969.62
APA26001009 SHRED-IT USA, LLC 84.00
APA26001010 SOUTHERN CALIFORNIA EDISON CO. 477.88
APA26001011 STATE WATER RESOURCES CONTROL BOARD 27,293.00 APA26001012 STC TRAFFIC, INC. 4,740.00
APA26001013 STRADLING YOCCA CARLSON & RAUTH 24,577.82
APA26001014 UNIFIRST CORP 617.60
APA26001015 VULCAN MATERIALS COMPANY 299.07
APA26001016 WEST COAST SERVICES 1,325.00
APA26001017 WESTERN RIVERSIDE COUNCIL OF GOVT'S 8,892.41 APA26001018 WILLSCOT MOBILE MINI 1,707.14
APA26001019 WILSON MIKAMI CORPORATION 762.50
10424 AK SECURITY ALARM LLC 11,623.33
10425 AMAZON BUSINESS 3,681.34
10426 AMERICAN MATERIAL COMPANY 558.15
10427 BMW MOTORCYCLES OF RIVERSIDE 374.14
10428 BMW MOTORCYCLES OF RIVERSIDE 717.58
10429 BMW MOTORCYCLES OF RIVERSIDE 1,148.83
10430 CIVICA LAW GROUP, APC 12,404.70
10431 CM WASH EQUIPMENT 3,932.08
10432 COTTER CONSTRUCTION, INC. 34,850.00
10433 COTTER CONSTRUCTION, INC. 20,950.00
10434 GMS ELEVATOR SERVICES, INC. 360.00
10435 J & M LEYVA GENERAL ENGINEERING, INC 58,616.70
10436 JD PROMOTIONS 2,732.94
10437 KPA SERVICES, LLC 267.81
10438 LAKE ELSINORE TIRE & AUTO, INC. 180.33
10439 MICHAEL BAKER INTERNATIONAL, INC. 10,473.04
10440 PALMS PARK LLC 4,000.00
10441 PROSTAFF, LLC 25,637.50
10443 PURSUIT ELECTRIC, INC. 22,880.00
10444 RIGHTWAY SITE SERVICES, INC. 5,961.86
10445 SECURITAS SECURITY SERVICES USA, INC. 2,823.84
10446 SECURITAS SECURITY SERVICES USA, INC. 3,316.62
10447 SERVICE FIRST 5,225.45
10448 SO CAL SANDBAGS,INC. 1,198.33
10449 STAPLES ADVANTAGE 40.22
10450 STAPLES ADVANTAGE 7.66
10451 STAPLES ADVANTAGE 1,662.39
Attachment 2 2 OF 3
NOVEMBER 17, 2025
TO NOVEMBER 23, 2025 CITY OF LAKE ELSINORE CITY WARRANT LIST WARRANT NO. VENDOR NAME AMOUNT
10452 STAPLES ADVANTAGE 27.18
10453 WEST COAST ARBORISTS, INC. 1,008.00
10454 WKE, INC. 17,644.20
143945 CALIFORNIA JPIA 10.00
143946 CALIFORNIA JPIA 25.00
143947 EVMWD 19,202.18
143948 IRIS ACEVES 190.09
143949 PETTY CASH - CITY OF LAKE ELSINORE 573.23
143951 REYES, LUZ 146.40
143952 SHEEHAN, MATTHEW 781.00
DFT260352 FRANCHISE TAX BOARD 29,289.70
DFT260353 INTERNAL REVENUE SERVICE 131,172.36
DFT260354 LEGAL SHIELD 108.65
DFT260355 TASC 12,030.46
DFT260356 MISSION SQUARE RETIREMENT 35,390.69
DFT260357 NATIONWIDE TRUST COMPANY, FSB 1,954.86
DFT260358 MISSION SQUARE RETIREMENT 262.86
DFT260361 FIRST AMERICAN TITLE COMPANY 1,043,840.37
DFT260362 WILMINGTON TRUST, NATIONAL ASSOCIATION 187,340.41 DFT260367 STATE DISBURSEMENT UNIT 134.30
DFT260370 STATE DISBURSEMENT UNIT 245.53
DFT260371 INTERNAL REVENUE SERVICE 198.50
DFT260372 CHARTER COMMUNICATIONS 714.77
DFT260373 RIVERSIDE COUNTY SHERIFF'S OFFICE 926.50
DFT260374 PAYCHEX OF NEW YORK, LLC 2,294.98
DFT260379 CALPERS 76,349.31
DFT260380 CALPERS 251.36
DFT260381 CALIFORNIA DEPARTMENT OF FISH AND WILDLIFE 54.14 PR11202025 NET PAYROLL 371,457.40
GRAND TOTAL 3,690,067.93 $
Attachment 2 3 OF 3
8)
CC Warrant Report Dated November 24, 2025 to November 30, 2025 Receive and file.

Page 1 of 1 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:December 9, 2025
Subject:CC Warrant Report Dated November 24, 2025 to November 30, 2025 Recommendation
Receive and file.

Discussion
The Warrant Report lists all general checks issued since the prior Warrant Report.

Attachments
Attachment 1 – City Warrant Summary
Attachment 2 – City Warrant List
Administrative Services
NOVEMBER 24, 2025
TO NOVEMBER 30, 2025 CITY OF LAKE ELSINORE CITY WARRANT SUMMARY FUND NO. FUND DESCRIPTION TOTAL
100 GENERAL 102,387.86 $
103 THE ANCHOR 4,277.67
130 LIGHTING, LANDSCAPE, MAINTENANCE DIST - CITYWIDE 19,617.80 135 LIGHTING, LANDSCAPE, MAINTENANCE DIST - NO. 1 7,796.51 180 LAUNCH POINTE 26,018.08
305 INFORMATION SYSTEMS SERVICE 19,778.38
310 SUPPORT SERVICE 2,236.04
315 FLEET SERVICE 2,331.10
320 FACILITIES SERVICE 8,499.67
500 CAPITAL IMPROVEMENT PLAN 131,773.25
GRAND TOTAL 324,716.36 $
Attachment 1 1 of 1
NOVEMBER 24, 2025
TO NOVEMBER 30, 2025 CITY OF LAKE ELSINORE CITY WARRANT LIST WARRANT NO. VENDOR NAME AMOUNT
APA26001020 AMBER AIR CONDITIONING, INC. 90,268.00 $
APA26001021 CDW GOVERNMENT, INC. 13,683.91
APA26001022 CED LAGUNA 415.34
APA26001023 CRIME SCENE STERI-CLEAN, LLC 3,500.00
APA26001024 FRONTIER CALIFORNIA - INTERNET 969.73
APA26001025 FRONTIER CALIFORNIA, INC. 79.29
APA26001026 GREAT AMERICA FINANCIAL SERVICES 2,236.04
APA26001027 IMAGEN, INC. 869.23
APA26001029 SOUTHERN CALIFORNIA EDISON CO. 19,325.23
APA26001030 TERRYBERRY COMPANY, L.L.C. 1,377.97
APA26001031 WESTERN RIVERSIDE COUNCIL OF GOVT'S 15,352.35 10455 CALPERS RETIREES 50,044.36
10510 AK SECURITY ALARM LLC 25,614.10
10511 AREA 63 PRODUCTIONS 6,262.50
10512 LAKE ELSINORE VALLEY CHAMBER OF COMMERCE 13,500.00 10513 PURSUIT ELECTRIC, INC. 12,430.00
10514 RUTAN & TUCKER, LLP 395.00
10515 RUTAN & TUCKER, LLP 7,979.00
10516 RUTAN & TUCKER, LLP 3,896.70
10517 SEMPER PATROL, INC 14,976.00
10518 WILMINGTON TRUST, NATIONAL ASSOCIATION 2,000.00
143954 EVMWD 37,723.69
DFT260366 FRONTIER CALIFORNIA - INTERNET 504.77
DFT260368 FRONTIER CALIFORNIA - INTERNET 822.17
DFT260369 FRONTIER CALIFORNIA - INTERNET 490.98
GRAND TOTAL 324,716.36 $
Attachment 2 1 OF 1
9)
Second Reading of an Ordinance Approving Zone Change No. 2022-02 Changing the Zoning Designation from Commercial Park (C-P) and High Density Residential (HDR) to Commercial Manufacturing (C-M) for APN 371-150-017 for Planning Application No. 2021-19 (Rome Hill Commercial Project)
Adopt by title only and waive further reading of AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING ZONE CHANGE NO. 2022-02 CHANGING THE ZONING DESIGNATION FROM COMMERCIAL PARK (C-P)

AND HIGH DENSITY RESIDENTIAL (HDR) TO COMMERCIAL MANUFACTURING (C-M) FOR APN: 371-150-017.

Page 1 of 1 ends

REPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, City Manager
Prepared by:Candice Alvarez, MMC, City Clerk
Date:December 9, 2025
Subject:Second Reading of an Ordinance Approving Zone Change No. 2022-02 Changing the Zoning Designation from Commercial Park (C-P) and High Density Residential (HDR) to Commercial Manufacturing (C-M) for APN 371-150-017 for Planning Application No. 2021-19 (Rome Hill Commercial Project)
Recommendation
Adopt by title only and waive further reading of AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING ZONE CHANGE NO. 2022-02

CHANGING THE ZONING DESIGNATION FROM COMMERCIAL PARK (C-P) AND HIGH DENSITY RESIDENTIAL (HDR) TO COMMERCIAL MANUFACTURING (C-M) FOR APN: 371- 150-017.

Background/Discussion
At its Regular meeting on November 18, 2025, the City Council introduced by title only and waived further reading of the Ordinance.

Attachments
Attachment 1 – Ordinance
City Clerk's Office
ORDINANCE NO. 2025-1522

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING ZONE CHANGE NO. 2022-02 CHANGING THE

ZONING DESIGNATION FROM COMMERCIAL PARK (C-P) AND HIGH

DENSITY RESIDENTIAL (HDR) TO COMMERCIAL MANUFACTURING (C-M) FOR APN: 371-150-017
Whereas, Guy Selleck, G.E.M. Investments, LLC has filed an application with the City of Lake Elsinore (City) requesting approval of Planning Application No. 2021-19 (General Plan Amendment No. 2022-01, Zone Change No. 2022-02, Conditional Use Permit No. 2022-17, Commercial Design Review No. 2022-12, and Variance No. 2025-08) to develop the 6.77-acre vacant site in two (2) phases with two (2) new two-story commercial manufacturing warehouse buildings totaling 92,760 square feet. Each building is proposed to be approximately 46,000 square feet and would include mezzanines, offices, and loading docks. The project is located on Grand Avenue and Kathryn Way and includes Assessor Parcel Number 371-150-017; Whereas, Zone Change (ZC) No. 2022-02 proposes to change the project site’s current zoning designation from Commercial Park (C-P) and High Density Residential (R-3) to Commercial Manufacturing (C-M);
Whereas, pursuant to Lake Elsinore Municipal Code (LEMC) Section 17.415.040 (Zoning Amendments), the Planning Commission (Commission) has been delegated with the responsibility of making recommendations to the City Council (Council) pertaining to zone changes,
Whereas, on October 21, 2025, at a duly noticed Public Hearing, the Commission has considered evidence presented by the Community Development Department and other interested parties with respect to this item, and adopted a resolution recommending that the Council approve ZC No. 2022-02; and
Whereas, on November 18, 2025, at a duly noticed Public Hearing, the Council has considered the recommendation of the Commission as well as evidence presented by the Community Development Department and other interested parties with respect to this item.

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

Section 1: The foregoing recitals are true and correct and are hereby incorporated into these findings by this reference.

Section 2: The Council has reviewed and analyzed proposed ZC No. 2022-02, pursuant to the California Planning and Zoning Laws (Cal. Gov. Code Sec 65000 et. seq.), the Lake Elsinore General Plan (GP), and the LEMC and finds that ZC No. 2022-02 is consistent with the requirements of California Planning and Zoning Law and with the goals and policies of the GP and the LEMC.

Section 3: That in accordance with LEMC Section 17.415.040.F. Findings, the Council makes the following findings regarding ZC No. 2022-02:

1. The proposed amendment will not be (a) detrimental to the health, safety, comfort, or general welfare of the persons residing or working within the neighborhood of the proposed Ord. No. 2025-1522

Page 2 of 3 ends

3 9
8 9
5 amendment or within the City, (b) injurious to property or improvements in the neighborhood or within the City
a.The proposed Zone Change has been analyzed relative to its potential to have detrimental effects, and conditions have been imposed on the subject Project to ensure that the health, safety, and welfare of surrounding residents will be protected. b.The application to change the zoning designation would not be injurious to the property or improvements in the neighborhood. The Zone Change, along with the project’s other discretionary applications, will allow the development of the site with two commercial manufacturing warehouse buildings. The proposed commercial manufacturing project will contribute to the commercial vitality of the corridor along Grand Avenue and the City as a whole.

2. The proposed amendment will be consistent with the latest General Plan.

ZC No. 2022 -02 proposes to change the project site’s current zoning designation from Commercial Park (C-P) and High Density Residential (R-3) to Commercial Manufacturing (C- M). The C-M zoning designation is consistent with the proposed General Plan Land Use designation of Light Industrial (LI).

Section 4: Based upon the evidence presented, both written and testimonial, and the above findings, the Council hereby approves Zone Change No. 2022-02.

Section 5: Severability. If any provision of this Ordinance or its application is held invalid by a court of competent jurisdiction, such invalidity shall not affect other provisions, sections, or applications of the Ordinance which can be given effect without the invalid provision or application, and to this end, each phrase, section, sentence, or word is declared to be severable.

Section 6: Effective Date. This Ordinance shall become effective at 12:01 a.m. on the thirty-first (31st) day after the date of adoption.

Section 7: Certification. The City Clerk shall certify to the passage of this Ordinance and shall cause a synopsis of the same to be published according to law.

PASSED, APPROVED, AND ADOPTED at a regular meeting of the City Council of the City of Lake Elsinore, California, on this 9th day of December 2025.

Brian Tisdale
Mayor
Attest:

Candice Alvarez, MMC
City Clerk
Ord. No. 2025-1522

Page 3 of 3 ends

3 9
8 9
5 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 Ordinance No. 2025-1522 was introduced by the City Council of the City of Lake Elsinore, California, at the Regular meeting of November 18, 2025 and adopted at the Regular meeting of December 9, 2025 and that the same was adopted by the following vote:

AYES:

NOES:

ABSENT:

ABSTAIN:

Candice Alvarez, MMC
City Clerk
10)
Community Development Block Grant (C.D.B.G.) Program for Fiscal Year 2026 - 2027 and Community Support Allocation for Fiscal Year 2025 - 2026 Adopt

the

Community

Development

Block

Grant

(CDBG)

Program

for

Fiscal

Year

2026-
2027;

a
pprove

the

submittal

the

City’s

program

the

County

Riverside

and

the
allocation of Community Support Funds (CSF).

Page 1 of 5 ends

REPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, City Manager
Prepared by:Brendan Rafferty, Assistant Administrative Services Director Date:December 9, 2025
Subject:Community Development Block Grant (C.D.B.G.) Program for Fiscal Year 2026 - 2027 and Community Support Allocation for Fiscal Year 2025 - 2026
Recommendation
Adopt the Community Development Block Grant (CDBG) Program for Fiscal Year 2026-2027; approve the submittal of the City’s program to the County of Riverside and the allocation of Community Support Funds (CSF).

Background
Each year, the City of Lake Elsinore receives an allocation of Community Development Block Grant (CDBG) funds. These allocations are based on population and are designed for assistance to low- and moderate-income residents and areas.

On July 11, 2023, the City Council renewed its Joint-Recipient Cooperation Agreement (Metropolitan Cities Agreement) with the County of Riverside. Participation in the Joint-Recipient Cooperation Agreement allows the City of Lake Elsinore to receive its portion of funds allocated by HUD, minus a thirteen percent (13%) administration fee by the County of Riverside.

To qualify for funding, eligible projects must largely benefit low- and moderate-income persons, prevent or eliminate slums and blight, or meet a need having a particular urgency. The County of Riverside Housing, Homelessness Prevention, and Workforce Solutions (HHPWS) has stated that “In order to ensure the effective, efficient, and appropriate allocation and use of the County’s CDBG funding, the County may reject any proposed cooperating city CDBG activity in an amount less than $10,000.” The only exceptions to this policy include traditionally county-wide activities (City/County, multiple cities, etc.) or a project or activity serving a very remote location.

CDBG Allocation FY 2026-27 and CSF FY 2025-26

Page 2 of 5 ends

2 2
1 7
On October 2, 2025, a Notice of Funding Availability was published and emailed to previously funded organizations and other interested organizations. Additionally, this notice was published on the City’s website along with the information regarding the City’s Community Support Funding (CSF) Program. The organizations were instructed to submit their applications for Community Support Funds along with their CDBG applications.

On November 14, 2025, the City received five (5) applications for CDBG Funds and seven (7) applications for Community Support Funds (CSF). A list of current and past CDBG and Community Support Funding allocations is attached.

Discussion
For the Fiscal Year 2026-2027 funding program, the City hopes to receive approximately $587,000. It should be noted that this amount is an estimate, and the actual amount of CDBG funds received by the City could fluctuate depending on how the United States Congress approves the national budget.

Based on an allocation of $587,000 and CDBG requirements, thirteen percent (13%) or $76,310 would be required by the County of Riverside for administrative costs. Additionally, the City can earmark a maximum of seven (7%) or $41,090 towards CDBG program administration costs and fifteen 15% or approximately $88,050 towards public service programs.

However, in order to maximize the amount of CDBG funds available for the City projects, Staff is proposing to use none of the CDBG funds for the City’s administrative costs. This will allow a balance of $422,640 for the following City project:

1. Spring Street Sidewalk Project ($422,640). The proposed project involves the use of CDBG funds to make much-needed improvements to the sidewalks on West Limited Avenue.

As of the filing deadline of November 14, 2025, the City received five (5) outside public service agency applications for a total requested allotment of $151,000.

The agencies requesting funds are as follows:

1. Thrifting 4 Gifting (previously Assistance League of Temecula Valley) ($50,000). The agency is located in Temecula, and the organization’s School Zone Program provides clothing and shoes to disadvantaged children in the Murrieta, Lake Elsinore, Menifee, and Temecula School Districts. The requested CDBG funds would be used to serve children in Lake Elsinore.

2. Boys and Girls Club of Southwest Riverside County ($20,000). Located in Lake Elsinore, the organization is requesting funds for Boys and Girls Club Program Scholarships for before and after school programming and transportation to serve underserved youth in the City of Lake Elsinore. The activities are provided at the Boys and Girls Club’s Clubhouse located at 16275 Grand Avenue in the City of Lake Elsinore.

3. Helping Our People in Elsinore, Inc. (H.O.P.E.) ($50,000). Located in Lake Elsinore, the organization is requesting funds for its Pantry Program that distributes a balanced menu CDBG Allocation FY 2026-27 and CSF FY 2025-26

Page 3 of 5 ends

2 2
1 7
of groceries to low-income families, seniors, and individuals in Lake Elsinore and the surrounding communities.

4. Vista Community Clinic ($21,000). This organization’s request for CDBG funds to meet the costs of a Certified Enrollment Counselor who links uninsured low-income residents of Lake Elsinore to health insurance and medical/dental home, thereby providing access to comprehensive healthcare services. Services would be provided at Vista Community Clinic’s health center at 30195 Fraser Drive.

5. Voices for Children ($10,000). Riverside County Court Appointed Special Advocate to transform the lives of abused, abandoned, or neglected children by providing them with trained volunteers.

FY 2026 – 2027 CDBG Program Year – Proposed Allocation
2026-2027 2025-2026
Agency
2026-2027
Requested
Amount
Proposed
Allocation Allocation

PUBLIC SERVICE PROGRAMS
Thrifting 4 Gifting $50,000 $27,000 $27,000
Boys & Girls Club of Southwest County $20,000 $8,000 $8,000 Helping Our People in Elsinore, Inc. (H.O.P.E.) $50,000 $25,000 $25,000 Vista Community Clinic $21,000 $21,000 $21,000
Voices for Children $10,000 $7,050 $7,050
Subtotal $151,000 $88,050 $88,050

PUBLIC FACILITY PROJECT
Public Facility Improvements $422,640 $422,640 $422,640 Subtotal $422,640 $422,640 $422,640

ADMINISTRATIVE COSTS
Riverside County EDA $76,310 $76,310 $77,383
Subtotal $76,310 $76,310 $77,383
GRAND TOTAL $649,950 $587,000 $587,000
As of the filing deadline, November 14, 2025, the City received seven (7) Community Support Funding (CSF) applications for the total requested allotment of $40,000.

The agencies requesting funds are as follows:

1. Trauma Intervention Program ($10,000). Located in Murrieta, this agency provides emotional first aid to survivors of the tragedy to ease their immediate suffering and facilitate their healing and long-term recovery.

2. Helping our People in Elsinore, Inc. ($5,000). Located in Lake Elsinore, the Pantry Program distributes a balanced menu of groceries to low-income families, seniors, and individuals in Lake Elsinore and the surrounding communities.

3. Dream Center Raising Highly Capable Kids ($5,000). Connecting isolated people or families and assessing their needs. Navigate shelter options, poverty relief, and addiction services, health and wellness services, and partner with them to build family relationships.

CDBG Allocation FY 2026-27 and CSF FY 2025-26

Page 4 of 5 ends

2 2
1 7

4. Boys and Girls Club of Southwest County ($5,000). Located in Murrieta, the Ultimate STEM/Computer Science program provides technology and access to computers for youth. Through various activities, youth participate in web exploration, media production, robotics, coding, and more.

5. Thrifting 4 Gifting (previously Assistance League of Temecula Valley) ($5,000). The agency is located in Temecula, and the organization's Operation School Bell provides clothing and shoes to disadvantaged children in the Murrieta, Lake Elsinore, Menifee, and Temecula School Districts. The requested CDBG funds would be used to serve children in Lake Elsinore.

6. Honore’s Home Care ($5,000). Farm to Fork model. Members of the MA's community prepare the land, plant the seeds, and share/donate the harvested produce.

A breakdown of Community Support Funding (CSF) requests and proposed allocations for Fiscal Year 2025-2026 is reflected in the following table:

Agency
2025-2026
Requested
Amount
2025-2026
Proposed
Allocation
2024-2025
Allocation
Trauma Intervention Program $10,000 $10,000 $10,000
Salvation Army $0 $0 $5,000
Thrifting 4 Gifting (previously Assistance League of
Temecula) $5,000 $5,000 $5,000
Michelle’s Place $5,000 $5,000 n/a
Helping Out People in Elsinore, Inc. $5,000 $2,500 $5,000 Raising Highly Capable Kids Dream Center $5,000 $2,500 n/a Boys and Girls Club $5,000 $5,000 $5,000
Honore’s Home Care $5,000 $0 n/a
GRAND TOTAL $40,000 $30,000 $30,000
Fiscal Impact
As indicated above, the City of Lake Elsinore’s CDBG allocation is anticipated to be $587,000 for the 2026-2027 Fiscal Year. These funds will be available on or about July 1, 2026. There is $30,000 available in the General Fund for Community Support Funding (CSF) in the Community Support Budget.

Attachments
Attachment 1 - Summary Matrix of Public Service Requests with Past Awards (CDBG) Attachment 2 - Summary Matrix of Community Support Funding Request with Past Awards Attachment 3 - FY 2026-2027 CDBG Funding Application Thrifting 4 Gifting CDBG Allocation FY 2026-27 and CSF FY 2025-26

Page 5 of 5 ends

2 2
1 7
Attachment 4 - FY 2026-2027 CDBG Funding Application Boys & Girls Club of Southwest County
Attachment 5 - FY 2026-2027 CDBG Funding Application Helping Our People in Elsinore, Inc. (H.O.P.E)
Attachment 6 - FY 2026-2027 CDBG Funding Application Vista Community Clinic Attachment 7 - FY 2026-2027 CDBG Funding Application Voices for Children Attachment 8 - FY 2025-2026 CSF Application Trauma Intervention Program Attachment 9 - FY 2025-2026 CSF Application Thrifting 4 Gifting Attachment 10 - FY 2025-2026 CSF Application Michelle’s Place Attachment 11 - FY 2025-2026 CSF Application Helping Our People in Elsinore, Inc. (H.O.P.E) Attachment 12 - FY 2025-2026 CSF Application Raising Highly Capable Kids, Dream Center Attachment 13 - FY 2025-2026 CSF Application Boys & Girls Club of Southwest County Attachment 14 - FY 2025-2026 CSF Application Honore’s Home Care Administrative Services

Community Development Block Grant (CDBG)
2026-2027 Program Year
Past Grants
Recommended
Amount
Total = $88,050
2025-2026
Allocation
2024-2025
Allocation
2023-2024
Allocation
2022-2023
Allocation
2021-2022
Allocation
2020-2021
Allocation
2019-2020
AllocationApplicant Requested Amount Use of CDBG Funds
100% of the funds awarded will be used exclusively to purchase new school clothing for students from families whose income is extremely low, low, or moderately low based on HUD income classifications.

Thrifting 4 Gifting (previously
Asssitance League of Temecula) $50,000 $27,000 $27,000 $25,840 $26,288 $27,400 $27,400 $20,000 $17,500 Client scholarships for the After School program that empowers youth towards a great future by surrounding them with the opportunities and resources needed to succeed. The After School Program is provided at the Boys and Girls Club’s Clubhouse located at 16275 Grand Avenue in the City of Lake Elsinore.

Boys & Girls Club of Southwest
Riverside County $20,000
$50,000
$21,000
$8,000
$25,000
$21,000
$8,000
$25,000
$21,000
$7,840
$28,840
$20,840
$8,000
$29,000
$21,000
$10,000
$30,000
$22,000
$10,000
$30,000
$22,000
$0 $10,000
$20,000
$18,110
Pantry Program that distributes a balanced menu of groceries to low income families, seniors and individuals inHelping Our People in Elsinore, Inc. (HOPE) $29,000
$20,812
Lake Elsinore (Lakeland Village and Alberhill Ranch)
CDBG funds to be used for Linking Low-Income Lake
Elsinore Residents to a Medical & Dental Home through Insurance program whose goals are to link uninsured low- income residents of Lake Elsinore to health insurance and a medical/dental home, thereby providing access to
Vista Community Clinic
comprehensive healthcare services.

Voices for Children collaborates with numerous government agencies throughout Riverside County to serve youth in foster care.

Voices for Children transforms the lives of abused, abandoned, or neglected children by providing them with trained Court Appointed Special Advocates.

Court Appointed Special
Advocate (CASA) Voices For
Children
$10,000 $7,050 $7,050 N/A N/A N/A N/A N/A N/A
Patient navigators provide one on one support to clients newly diagnosed or currently going through cancer. They connect them with resources, empower them with education and listen to their needs. Clients are provided with a toolkit for tracking appointments, support service schedules, referrals to assistance programs, access to free and low cost mammograms and
diagnostic breast health services for uninsured or underinsured, assistance in facilitating ultrasounds and mamograms and resource list of organizations that can assist in paying non-medical bills.

Michelle's Place $0 $0 $0 $4,840 $5,000 N/A N/A N/A N/A TOTALS $151,000 $88,050 $88,050 $88,200 $89,288 $89,400 $89,400 $69,812 $65,610

Community Support Funding
2025-2026 Program Year
Past Allocation
Recommended
Amount
2024-2025 2023-2024 2022-2023 2021-2022 2020-2021 2019-2020 2018-2019 Allocation Allocation Allocation Allocation Allocation Allocation AllocationApplicant Trauma Intervention Program
Salvation Army
Requested Amount Use of Community Support Funds
Provides emotional first aid to survivors of tragedy in order to ease their immediate suffering and facilitate
their healing and long term recovery.

Back to School Child Spree provides at risk and needy
school age children with the clothing and supplies they need to start school.
$10,000
$0
$10,000
$0
$10,000
$5,000
$10,000
$5,000
$10,000
$5,000
$10,000
$0
$10,000
$10,000
$10,000
$10,000
$10,000
$0
Empowering individuals and families impacted by cancer
through education and support resourcesMichelle's Place $5,000 $5,000
$5,000
$2,500
$0 $0 $0 $0
$0
$0
$0
$0
$0
$0
$0
Pantry Program that distributes a balanced menu of
groceries to low income families, seniors and individuals in Lake Elsinore and the surrounding communities.

Helping Our People in
Elsinore, Inc. (HOPE) (1)
$5,000 $5,000 $5,000
Connecting isolated people or families and assessing
their needs. Navigate shelter options, poverty relief, and addiction services, health and wellness service and
partner with them to build family relationships.

Lake Elsinore Dream Center
(Raising Highly Capable Kids) $5,000
$5,000
$5,000
$2,500
$5,000
$5,000
$0 $0 $0 $0
$0
$0
$0
$0
$0
$0
$0
The Ultimate STEM/Computer Science program provides
technology and access to computers for youth. Through
a variety of activities, youth participate in webBoys and Girls Club of Southwest County $5,000
$5,000
$5,000
$5,000
$5,000
$5,000
exploration, media production, robotics, coding and
more.
100% of the funds awarded will be used exclusively to
Thrifting 4 Gifting (previously
Asssitance League of
Temecula)
purchase new school clothing for students from families whose income is extremely low, low, or moderately low
based on HUD income classifications.
$5,000 $5,000 $5,000 $5,000
TOTALS

AMOUNT BUDGETED
$35,000
$30,000
$30,000
$30,000
$30,000
$30,000
$30,000
$30,000
$30,000
$30,000
$25,000
$30,000
$30,000
$30,000
$30,000
$32,000
$20,000
$32,000
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Donation of 2014 Quint No. 97 Fire Truck to the Riverside County Fire Department Approve the donation of the 2014 Quint No. 97 Fire Truck to the Riverside County Fire Department.

Page 1 of 2 ends

Lake Elsinore City CouncilDecember 9, 2025

Lake Elsinore City Council
December 9, 2025