Interest Rate Amount Total
City of Lancaster
Wells Fargo Bank $24,059,468
City of Lancaster Account 0.00% $24,059,468
U S Bank - Safekeeping (Insight) $38,374,918
US Treasury Notes 3.60% $19,727,646
Federal Government Agencies 3.71% $9,738,907
Corporate Securities 4.12% $7,719,932
Short Term Bills and Notes 0.00% $0
Municipal/Provincial Bonds 5.13% $1,166,066
Cash & Equivalents 0.00% $22,367
Chase Bank $167,158
Certificate of Deposit 0.01% $167,158
California Class $42,044,807
City of Lancaster 4.35% $34,141,642
City of Lancaster -Enhanced Cash 4.31% $7,903,166
$1,597,223
Local Agency Investment Fund (L.A.I.F.) 4.27% $1,597,223 Total City of Lancaster $106,243,575
Successor Agency for the Lancaster Redevelopment Agency California CLASS $4,355,813
Successor Agency 4.35% $4,355,813
Local Agency Investment Fund (L.A.I.F.) 4.27% $478,681 $478,681 Total Lancaster Successor Agency $4,834,493
Total Pooled Portfolio $111,078,068
Weighted Average 3.200%
Restricted/Trustee Cash
Interest Rate Amount Total
River City Bank $16,708,606
City of Lancaster ICS Sweep Account 4.38% $14,104,595
Lancaster Choice Energy LockBox Account 0.00% $2,604,011 US Bank $30,434,228
LPA Solar Renewable Energy Issue of 2021 0.00% $1
SA Combined Project Areas Refunding Bonds 2015A & B 4.20% $22,331 SA Combined Project Areas Refunding Bonds 2016 A-1 & A-2 4.20% $18,716 SA Combined Project Areas Refunding Bonds 2016B 4.20% $4,426 LFA 2016 Assessment Revenue Bonds (Streetlights Acquisition) 4.19% $354 SA 2017 Tax Allocation Revenue Bonds (TARB) 2.97% $3
LFA LRB 2018 Construction and Improvements 4.20% $2,721,378 LFA LRB 2019 Street Improvements 4.20% $9,311,277
LFA LRB 2024 Stadium & Event Center Project 3.05% $18,355,741 Total Restricted Cash/Investments Held in Trust (note 4) $47,142,834 All investments are authorized pursuant to and consistent with the investment policy of the City of Lancaster. Policy adopted 02/13/18 under resolution number 18-06.
George N. Harris II
Finance Director
ATTACHMENT A
MONTHLY REPORT OF INVESTMENTS
May 2025
Pooled Cash/Investments
Historical Cost Amortized Cost Fair Value
Unrealized Gain
(Loss)
Average Effective
Maturity (Days)
% Portfolio/
Segment
Average Market
Duration (Years)
Cash and Equivalents $72,725,517 $72,725,517 $72,725,517 $0 1 65.47% 0.00 Corporate Bonds 7,719,932.10 7,775,513.88 7,785,820.63 $10,307 547 6.95% 1.50 Government Agencies 9,738,907.08 9,814,714.14 9,868,020.29 $53,306 811 8.77% 2.22 Government Bonds 19,727,645.96 19,943,823.84 20,036,127.51 $92,304 768 17.76% 2.10 Municipal/Provincial Bonds 1,166,066.00 1,156,952.17 1,137,216.52 ($19,736) 1,555 1.05% 4.26 Short Term Bills and Notes - - - $0 0 0.00% 0.00 $111,078,068 $111,416,521 $111,552,702 $136,181 614 100.00% 1.68 City of Lancaster
Recap of Securities Held
May 2025
65.47%
6.95%
8.77%
17.76%
1.05%
0.00%
Investments Held as of 5.31.2025
Cash and Equivalents
Corporate Bonds
Government Agencies
Government Bonds
Municipal/Provincial Bonds
Short Term Bills and Notes
Maturity Historical Cost Percent
Under 90 Days 76,022,762.10$ 68.43%
91 to 180 Days 2,560,314.30$ 2.30%
180 Days to 1 Year 5,928,064.41$ 5.34%
1 to 2 Years 6,680,776.39$ 6.01%
2 to 3 Years 8,722,089.75$ 7.85%
3 to 4 Years 6,305,309.87$ 5.68%
4 to 5 Years 4,881,118.42$ 4.39%
Over 5 Years -$ 0.00%
111,100,435.24$ 100.00%
$0
$10
$20
$30
$40
$50
$60
$70
$80
Under 90 Days 91 to 180 Days 180 Days to 1
Year
1 to 2 Years 2 to 3 Years 3 to 4 Years 4 to 5 Years Over 5 Years
illions) Maturity Distribution
ATTACHMENT A
CITY OF LANCASTER
MONTHLY REPORT OF INVESTMENTS
May 2025
(1) This is the actual City bank account balance as of 05/31/2025. It only reflects checks that have been presented for payment and deposits received by the bank.
The balance on deposit per the City books would reflect reductions for all checks and warrants issued and all deposits transmitted.
(2) This is the safekeeping account utilized for investing City funds pursuant to and consistent with the investment policy adopted on 02/13/2018. The current portfolio consists of treasury notes, government agencies, corporates, and CDs. (3) Pooled Portfolio:
Policy Limit
Cash None
CDs 25% of total portfolio
Commercial Paper 25% of total portfolio
US Treasury None
Federal Securities None
Corporate Securities 30% of total portfolio
Municipal/Provincial None
California CLASS None
LAIF
% of Portfolio
21.68%
0.15%
0.00%
17.76%
8.77%
6.95%
1.05%
41.77%
1.87% None
(4) These are restricted cash and investments are held in trust by the banks indicated.
These amounts cannot be pooled for other investments.