Agenda packet, regular meeting, first session — Malibu City Council, May 26, 2026 (part 1 of 4)

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INSTRUCTIONS ON HOW TO PARTICIPATE IN THE MEETING
Amended Agenda
260526_AMENDED AGENDA.PDF
Item 1A1
Appeal of Planning Commission Resolution No. 24-39 Regarding Coastal Development Permit No. 23-004 (29738 Cuthbert Road, APN 4469-041-011, Owner Malibo LLC, Appellant Charlotte Frieze Jones, for Malibu Park Neighbors Group) CC_260526_ITEM_1A1.PDF
Item 1B2
Approve Warrants
CC_260526_ITEM_1B2.PDF
Item 1B3
Approve the minutes for the September 8, 2025 Special Meeting, September 8, 2025 Regular Meeting, and September 25, 2025 Special Meeting CC_260526_ITEM_1B3.PDF
Item 1B4
Investment Report for the Month Ending March 31, 2026
CC_260526_ITEM_1B4.PDF
Item 1B5
Jake Kuredjian Citizenship Award

1. Documents:

2. Documents:

3. Documents:

4. Documents:

5. Documents:

6. Documents:

Item 1B5
Jake Kuredjian Citizenship Award
CC_260526_ITEM_1B5.PDF
Item 1B6
Fiscal Year 2025-26 Third Quarter Financial Report
CC_260526_ITEM_1B6.PDF
Item 1B7
State Senate Bill 1 (SB 1) Road Maintenance and Rehabilitation Account Funding and Project List
CC_260526_ITEM_1B7.PDF
Item 1B8
Cooperative Agreement with the State of California for the Pedestrian Undercrossing at Malibu Seafood Project
CC_260526_ITEM_1B8.PDF
Item 1B9
Professional Services Agreement with 30 Three Sixty Public Finance, Inc.

CC_260526_ITEM_1B9.PDF
Item 1B10
Revised Letter of Opposition for AB 768
CC_260526_ITEM_1B10.PDF
Item 6A
City Council and Commission Meeting Format and Rules of Procedure and Decorum

6. Documents:

7. Documents:

8. Documents:

9. Documents:

10. Documents:

11. Documents:

12. CC_260526_ITEM_1B10.PDF
Item 6A
City Council and Commission Meeting Format and Rules of Procedure and Decorum CC_260526_ITEM_6A.PDF
CC_260526_ITEM_6A_SUPPLEMENTAL.PDF
Item 5A
Proposed Fiscal Year 2026-27 Budget
CC_260526_ITEM_5A.PDF
Item 7A
Economic Recovery Update and Strategic Priority Discussion CC_260526_ITEM_7A.PDF
Item 8A
Council Appointment to the Parks and Recreation Commission CC_260526_ITEM_8A.PDF
Item 8B
Santa Monica Mountains Conservancy Advisory Committee Alternate CC_260526_ITEM_8B.PDF

12. Documents:

13. Documents:

14. Documents:

15. Documents:

16. Documents:

HOW TO VIEW THE MEETING: The meeting will be live streamed at www.malibucity.org/video and via Zoom Webinar.

HOW TO PARTICIPATE BEFORE THE MEETING: Members of the public are encouraged to submit email correspondence to [email protected] before the meeting begins.

HOW TO PARTICIPATE IN-PERSON DURING THE MEETING: In order to participate inperson, each speaker must complete and submit to the Recording Secretary a Request to Speak form.

In-person participants may also surrender their opportunity to speak on a particular item to defer one minute to another in-person speaker. Meeting room doors will open 30 minutes before the meeting.

HOW TO PARTICIPATE REMOTELY DURING THE MEETING: The City has been experiencing extreme technical issues with its broadcast and zoom capabilities. It is strongly recommended that those who wish to participate do so in person as zoom participation is not guaranteed. While the City intends to allow zoom participation if possible, the meeting will not be cancelled or continued if technical difficulties impact the ability to accept public participation over Zoom. In such case only in-person participation will be allowed. In order to participate remotely, you must be present in the Zoom Webinar during the item that you would like to speak on and use the Raise Hand feature to request to speak when the Mayor calls the item. When you join the Zoom Webinar you may see a pop-up asking you to enter an email address, but a valid email address is not required.

Amended1 Malibu City Council
Regular Meeting Agenda
Tuesday, May 26, 2026
5:30 P.M. – CITY COUNCIL REGULAR MEETING
City Hall – Council Chambers
23825 Stuart Ranch Road
Zoom Webinar Link:
https://us02web.zoom.us/j/87985644870
Five-thirty p.m. Regular Session
Call to Order - Mayor
Roll Call - Recording Secretary
Pledge of Allegiance
Report on Posting of Agenda – May 15, 2026; Amended Agenda posted May 21, 2026 Approval of Agenda
1 See the addition of Consent Calendar Item No. 1.B.10.

AMENDED City Council Regular Meeting Agenda Page - 2 - May 26, 2026

1. Consent Calendar
Items in Consent Calendar Section A have already been considered by the Council at a previous meeting where the public was invited to comment, after which a decision was made. Resolutions concerning decisions made at previous meetings are for the purpose of memorializing the decision to assure the accuracy of the findings, the prior vote, and any conditions imposed. Items in Consent Calendar Section B have not been discussed previously by the Council. Members of the public may comment on the consent calendar as a whole. After public comment, the Council may remove items from the Consent Calendar for individual consideration before adopting the Consent Calendar.

A. Previously Discussed Items

1. Appeal of Planning Commission Resolution No. 24-39 Regarding Coastal Development Permit No. 23-004 (29738 Cuthbert Road, APN 4469-041-011, Owner Malibo LLC, Appellant Charlotte Frieze Jones, for Malibu Park Neighbors Group) Recommended Action: Adopt Resolution No. 26-05 upholding Appeal No. 24-010 and denying Coastal Development Permit- Woolsey Fire (CDPWF) No. 23-004, Site Plan Review No. 23-026 and Demolition Permit No. 24-020, an application to allow for the construction of a 4,620 square-foot addition to a like-for like rebuild of a destroyed singlefamily residence approved under Planning Verification-Woolsey Fire No. 21-034, enlargement of the existing swimming pool and spa, reconfiguration of the existing driveway, hardscape, landscape, grading, improvements to the existing tennis court; demolition of existing hardscape and landscape, and installation of a new onsite wastewater treatment system; including a site plan review for construction of the residence over 18 feet in height not to exceed 24 feet in height located in the Rural Residential-Two acre zoning district at 29738 Cuthbert Road (Malibo LLC), and finding that California Environmental Quality Act (CEQA) does not apply.

Staff Contact: Community Development Director Bundy, 456-2489, ext. 229 B. New Items

1. Waive Further Reading
Recommended Action: After the City Attorney has read the title, waive full reading of ordinances considered on this agenda for introduction on first reading and/or second reading and adoption.

Staff Contact: Interim City Attorney Rusin, 456-2489, ext. 228

2. Approve Warrants
Recommended Action: Allow and approve warrant demand numbers 78921-79094 on the register from the General Fund and direct the City Manager to pay out the funds to each of the claimants listed in Warrant Register No. 790 in the amount of the warrant appearing opposite their names, for the purposes stated on the respective demands in a total amount of $4,180,081.28. City of Malibu payroll check number 5579-5580 and ACH deposits were issued in the amount of $560,580.73.

Staff Contact: Assistant City Manager Smith, 456-2489, ext. 239

AMENDED City Council Regular Meeting Agenda Page - 3 - May 26, 2026

3. Approval of Minutes
Recommended Action: Approve the minutes for the September 8, 2025 Special Meeting, September 8, 2025 Regular Meeting, and September 25, 2025 Special Meeting.

Staff Contact: City Clerk Pettijohn, 456-2489, ext. 228

4. Investment Report for the Month Ending March 31, 2026 Recommended Action: Receive the Investment Report for the month ending February 28, 2026.

Staff Contact: Assistant City Manager Smith, 456-2489, ext. 239

5. Jake Kuredjian Citizenship Award
Recommended Action: At the recommendation of the Parks and Recreation Commission, approve the nomination of Malibu Equestrian Group, consisting of Beth Cadwallader, Bonnie Decker, Denise DeGarmo, Larry and Lori Gray, Tally Hutcherson, Gina McCloskey, and Erin Sinclair, as the 2026 Jake Kuredjian Citizenship Award recipients.

Staff Contact: Community Services Director Riesgo, 456-2489, ext. 350

6. Fiscal Year 2025-26 Third Quarter Financial Report
Recommended Action: Receive and file the Fiscal Year (FY) 2025-26 Third Quarter Financial Report.

Staff Contact: Assistant City Manager Smith, 456-2489, ext. 239

7. State Senate Bill 1 (SB 1) Road Maintenance and Rehabilitation Account Funding and Project List
Recommended Action: Adopt Resolution No. 26-26 approving the Fiscal Year 2026-27 project list for Senate Bill (SB 1) (Road Rehabilitation and Accountability Act of 2017) Road Maintenance and Rehabilitation Account (RMRA) funding and finding the action is not subject to the California Environmental Quality Act (CEQA).

Staff Contact: Interim Public Works Director Holden, 456-2489, ext. 338

8. Cooperative Agreement with the State of California for the Pedestrian Undercrossing at Malibu Seafood Project
Recommended Action: Authorize the Mayor to execute the Cooperative Agreement with the State of California (Caltrans) in the amount of $260,000 for providing quality assurance and oversight services for the development of the Project Initiation Documents (PID) phase of the Pedestrian Undercrossing at Malibu Seafood Project.

Staff Contact: Interim Public Works Director Holden, 456-2489, ext. 338

AMENDED City Council Regular Meeting Agenda Page - 4 - May 26, 2026

9. Professional Services Agreement with 30 Three Sixty Public Finance, Inc.

Recommended Action: Authorize the Mayor to execute a Professional Services Agreement with 30 Three Sixty Public Finance, Inc. to assist the City of Malibu with the formation of an assessment district for a Pacific Coast Highway (PCH) Wastewater Line in the amount of $107,395.

Staff Contact: Interim Public Works Director Holden, 456-2489, ext. 338

10. Revised Letter of Opposition for AB 768
Recommended Action: Authorize the Mayor to sign a Letter of Opposition for Assembly Bill 768 and authorize staff to proceed with its formal submission.

Staff Contact: Assistant to the City Manager Kajszo, 456-2489, ext. 224

2. Ceremonial/Presentations
None.

3. Commission / Committee / City Manager Updates

4. Written and Oral Communications from the Public (Subsequent items to be heard after 6:30 p.m.) The Oral Communication portion of the agenda is for members of the public to present items, which are not listed on the agenda but are under the subject matter jurisdiction of the City Council. No action may be taken under, except to direct staff, unless the Council, by a two-thirds vote, determines that there is a need to take immediate action and that need came to the attention of the City after the posting of the agenda. Although no action may be taken, the Council and staff will follow up, at an appropriate time, on those items needing response.

A. Communications from the Public concerning matters which are not on the agenda but for which the City Council has subject matter jurisdiction. City Council may not act on these matters except to refer the matters to staff or schedule the matters for a future agenda.

B. City Council Subcommittee reports / Mayor and Councilmember meeting attendance, reports and inquiries

5. Ordinances and Public Hearings
For Public Hearings involving zoning matters the appellant and applicant will be given 15 minutes each to present their position to the City Council, including rebuttal time.

A. Proposed Fiscal Year 2026-27 Budget
Recommended Action: Review and provide direction on the FY 2026-27 Budget.

Staff Contact: Assistant City Manager Smith, 456-2489, ext. 239

AMENDED City Council Regular Meeting Agenda Page - 5 - May 26, 2026

6. Old Business
Old Business items have appeared on previous agendas with no final action having been taken.

A. City Council and Commission Meeting Format and Rules of Procedure and Decorum Recommended Action: 1) Adopt Resolution No. 26-27 establishing Rules of Procedure and Decorum for the conduct of City Council meetings, setting the start time and format for Regular City Council Meetings, and repealing Resolution Nos. 98-083 and 24-39; 2) Adopt City Council Policy No. 54 Disruption of Telephonic or Internet Service During Meetings; and 3) Adopt revised City Council Policy No. 28 Establishing the Procedure for Placement of Items by City Councilmembers on City Council Agendas.

Staff Contact: City Clerk Pettijohn, 456-2489, ext. 228

7. New Business
New Business items are appearing for the first time for formal action.

A. Economic Recovery Update and Strategic Priority Discussion Recommended Action: Receive and file this report on the City's economic recovery conditions, fiscal outlook as it relates to the local economy, and a range of opportunities that may be considered going forward. No policy action is being requested at this time. Council may direct staff on matters contained within this report following Council discussion.

Staff Contact: Community Development Director Bundy, 456-2489, ext. 229

8. Council Items
City Council Items are items, which individual members of the City Council may bring up for action, to propose future agenda items or to suggest future staff assignments.

A. Council Appointment to the Parks and Recreation Commission Recommended Action: Councilmember Stewart to make a new appointment to the Parks and Recreation Commission.

Staff Contact: City Clerk Pettijohn, 456-2489, ext. 228 B. Santa Monica Mountains Conservancy Advisory Committee Alternate Recommended Action: Appoint an alternate representative to the Santa Monica Mountains Conservancy Advisory Committee.

Staff Contact: City Clerk Pettijohn, 456-2489, ext. 228 Adjournment
Future Regular Meetings
Monday, June 8, 2026 5:30 p.m. Regular City Council Meeting City Hall Council Chambers Monday, June 22, 2026 5:30 p.m. Regular City Council Meeting City Hall Council Chambers Monday, July 13, 2026 5:30 p.m. Regular City Council Meeting City Hall Council Chambers AMENDED City Council Regular Meeting Agenda Page - 6 - May 26, 2026 Guide to the City Council Proceedings and Decorum
Public Communications: Each speaker is limited to three (3) minutes. Members of the public may speak during the meeting in-person or through the Zoom application, although it is strongly recommended that those who wish to participate do so in person. While the City intends to allow zoom participation, the meeting will not be cancelled or continued if technical difficulties impact the ability to accept public comment over Zoom. In order to participate remotely, you must be present in the Zoom Webinar during the item that you would like to speak on and use the Raise Hand feature to request to speak when the Mayor calls the item. In order to participate in-person, each speaker must complete and submit to the Recording Secretary a Request to Speak form prior to the beginning of the item being announced by the Mayor. In-person participants may surrender their time by deferring one (1) minute to another in-person speaker, not to exceed a total of eight (8) minutes. The speaker wishing to defer time must be present when the item is heard and their form must be submitted with the speaker form for the individual they are deferring time to. Speakers are taken in the order slips are submitted or hands are raised.

On specific agenda items Councilmembers may question any person addressing the City Council at the conclusion of all public testimony on that agenda item before the Council. Councilmembers shall not engage any member of the public in a dialogue with themselves other Councilmembers, city staff or other members of the public.

Role of the Presiding Officer: The presiding officer of the City Council, who shall be the Mayor, shall be responsible for maintaining the order and decorum of meetings. It shall be the duty of the presiding officer to ensure that these rules of procedure and decorum are followed at all times. The presiding officer shall maintain control of communication between Councilmembers, between the Council and the public, and chair each meeting in a fair and impartial manner. It shall be the duty of each Councilmember to support the presiding officer in maintaining the order and decorum of Council meetings.

Members of the Audience: Members of the audience shall not engage in disorderly or boisterous conduct, including clapping, whistling, stamping of feet, or other acts which disturb, disrupt, impede or otherwise disturb the orderly conduct of the City Council meeting. Persons addressing the City Council shall not engage in disorderly conduct which disrupts, or otherwise impedes the orderly conduct or Council meetings. Any person who so disrupts a Council meeting may, at the discretion of the presiding officer or a majority of the City Council, be subject to ejection from that meeting.

No new items will be taken-up after 10:30 p.m. without a two-thirds vote of the City Council.

City Council meetings are aired live and replayed on City of Malibu Government Access Channel 3 and are available on demand on the City’s website at www.malibucity.org/video. Copies of the staff reports or other written documentation relating to each item of business described above are on file in the office of the City Clerk, Malibu City Hall, 23825 Stuart Ranch Road, Malibu, California, and are available for public inspection during regular office hours, which are 7:30 a.m. to 5:30 p.m. Monday through Thursday and 7:30 a.m. to 4:30 p.m. Friday. Written materials distributed to the City Council within 72 hours of the City Council meeting are available for public inspection immediately upon distribution in the City Clerk's office at 23825 Stuart Ranch Road, Malibu, California (Government Code Section 54957.5.b.2). Copies of staff reports and written materials may be purchased for $0.10 per page.

The City Hall phone number is (310) 456-2489. To contact City Hall using a telecommunication device for the deaf (TDD), please call (800) 735-2929 and a California Relay Service operator will assist you. In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact Environmental Sustainability Director Yolanda Bundy, (310) 456-2489, ext. 229. Notification 48 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to this meeting. [28 CFR 35.102-35.104 ADD Title II].

Requests to show an audio or video presentation during a Council meeting should be directed to the Media Team at [email protected]. Material must be submitted by 12:00 p.m. on the meeting day.

AMENDED City Council Regular Meeting Agenda Page - 7 - May 26, 2026 I hereby certify under penalty of perjury, under the laws of the State of California that the foregoing agenda was posted in accordance with the applicable legal requirements. Regular and Adjourned Regular meeting agendas may be amended up to 72 hours in advance of the meeting. Dated this 21st day of May 2026 at 5:00 p.m.

Kelsey Pettijohn, City Clerk

Page 1 of 2 ends

Agenda Item # 1.A.1.

Council Agenda Report
To: Mayor Silverstein and the Honorable Members of the City Council Prepared by: Aakash Shah, Contract Planner
Reviewed by: Yolanda Bundy, Community Development Director Tyler Eaton, Assistant Community Development Director
Approved by: Joseph D. Irvin, City Manager
Trevor Rusin, Interim City Attorney
Date prepared: May 6, 2026 Meeting date: May 26, 2026
Subject: Appeal of Planning Commission Resolution No. 24-39 Regarding Coastal Development Permit No. 23-004 (29738 Cuthbert Road, APN 4469-041-011, Owner Malibo LLC, Appellant Charlotte Frieze Jones, for Malibu Park Neighbors Group)
RECOMMENDED ACTION: Adopt Resolution No. 26-05 (Attachment 1) upholding Appeal No. 24-010 and denying Coastal Development Permit- Woolsey Fire (CDPWF) No. 23- 004, Site Plan Review No. 23-026 and Demolition Permit No. 24-020, an application to allow for the construction of a 4,620 square-foot addition to a like-for like rebuild of a destroyed single-family residence approved under Planning Verification-Woolsey Fire No. 21-034, enlargement of the existing swimming pool and spa, reconfiguration of the existing driveway, hardscape, landscape, grading, improvements to the existing tennis court; demolition of existing hardscape and landscape, and installation of a new onsite wastewater treatment system; including a site plan review for construction of the residence over 18 feet in height not to exceed 24 feet in height located in the Rural Residential-Two acre zoning district at 29738 Cuthbert Road (Malibo LLC), and finding that California Environmental Quality Act (CEQA) does not apply.

FISCAL IMPACT: There is no fiscal impact associated with the recommended action.

STRATEGIC PLAN IMPLEMENTATION: N/A.

DISCUSSION: On August 5, 2024, the Planning Commission adopted Planning Commission Resolution No. 24-39 approving CDPWF No. 23-004. On August 15, 2024, City Council Meeting
05-26-26
Item

1.A.1.

Page 2 of 2 ends

Agenda Item # 1.A.1.

Appeal No. 24-010 was filed. The appeal was considered by the City Council on February 18, 2026, where, after conducting a public hearing and reviewing the complete record and testimony, the Council directed staff to return with a resolution granting the appeal and denying the project, with findings reflecting the deliberations of the Council. The resolution of denial is attached.

Background material on the appeal and project is available on the City’s website – February 18, 2026 City Council Special Meeting Item 1A.

ENVIRONMENTAL REVIEW: Pursuant to the authority and criteria contained in CEQA, the City Council has analyzed the proposed project. Pursuant to CEQA Guidelines Section 15270, CEQA does not apply to projects which a public agency rejects or disapproves.

ATTACHMENT: Resolution No. 26-05
RESOLUTION NO. 26-05

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MALIBU, UPHOLDING APPEAL NO. 24-010 AND DENYING COASTAL
DEVELOPMENT PERMIT–WOOLSEY FIRE NO. 23-004, SITE PLAN
REVIEW NO. 23-026 AND DEMOLITION PERMIT NO. 24-020 AN
APPLICATION TO ALLOW FOR THE CONSTRUCTION OF A 4,620

SQUARE FOOT ADDITION TO A LIKE-FOR-LIKE REBUILD OF A

DESTROYED SINGLE-FAMILY APPROVED UNDER PLANNING
VERIFICATION-WOOLSEY FIRE NO. 21-034, ENLARGEMENT OF THE

EXISTING SWIMMING POOL AND SPA, RECONFIGURATION OF THE

EXISTING DRIVEWAY, HARDSCAPING, LANDSCAPING, GRADING,
IMPROVEMENTS TO EXISTING TENNIS COURT; DEMOLITION OF

EXITING HARDSCAPE AND LANDSCAPE, AND INSTALLATION OF A
NEW ONSITE WASTEWATER TREATMENT SYSTEM; INCLUDING A SITE PLAN REVIEW FOR CONSTRUCTION OF THE RESIDENCE OVER 18 FEET IN HEIGHT NOT TO EXCEED 24 FEET IN HEIGHT FOR A FLAT ROOF

LOCATED IN THE RURAL RESIDENTIAL, TWO-ACRE ZONING DISTRICT AT 29738 CUTHBERT ROAD (MALIBO, LLC), AND FINDING CALIFORNIA

ENVIRONMENTAL QUALITY ACT DOES NOT APPLY
The City Council of the City of Malibu does hereby find, order and resolve as follows:

SECTION 1. Recitals.

A. On September 28, 2021, Planning Verification-Woolsey Fire (PVWF) No. 21-034 was approved for the in-kind replacement of the single-family residence and swimming pool.

B. On October 26, 2023, an application for Coastal Development Permit-Woolsey Fire (CDPWF) No. 23-004, Site Plan Review (SPR) No. 23-026 and Demolition Permit (DP) No. 24- 020 was submitted to the Planning Department by applicant, Janek Dombrowa, on behalf of the property owner, Malibo LLC. The application was routed to the City Biologist, City Environmental Health Administrator, City geotechnical consultant reviewers, City Public Works Department, Los Angeles County Fire Department (LACFD) and Los Angeles County Waterworks District No. 29 (WD29) for review.

C. On April 22, 2024, a Notice of Coastal Development Permit (CDP) Application was posted on the subject property.

D. On April 25, 2024, the CDP application was deemed complete for processing.

E. On May 9, 2024, a Notice of Planning Commission Public Hearing was published in a newspaper of general circulation within the City of Malibu and was mailed to all property owners and occupants within a 500-foot radius of the subject property.

F. On June 3, 2024, the item was continued to July 15, 2024, Regular Planning Commission meeting.

G. On July 15, 2024, the Planning Commission held a duly noticed public hearing on the application subject, reviewed and considered the staff report, reviewed and considered written reports, public testimony, and other information in the record. Commissioner Peak moved, and Resolution No 26-05

Page 2 of 6 ends

______________________
Commissioner Smith seconded a motion to direct staff to return with a resolution for approval of Coastal Development Permit-Woolsey Fire No. 23-004 the subject application including the following conditions of approval: 1) remove tennis court lighting; 2) comply with Dark Sky Ordinance; 3) Environmentally Sensitive Habitat Area restoration shall be completed prior to issuance of a Certificate of Occupancy to the satisfaction of the California Department of Fish and Wildlife; 4) a private party deed restriction shall be recorded to prevent an alcohol, drug or psychiatric recovery or sober living rehabilitation facility from being located on the property in the future; 5) a deed restriction shall be recorded to prevent future use of the property for shortterm rentals; and 6) restrict lighting on the rooftop decks to one Dark Sky compliant luminaire per deck. The question was called, and the motion carried 3-2, Chair Mazza and Commissioner Hill dissenting.

H. On August 5, 2024, a resolution approving the subject application was presented to the Planning Commission for adoption.

I. On August 15, 2024, Appeal No. 24-010 was filed by the group of residents.

J. On May 15, 2025, a Notice of City Council Public Hearing was published in a newspaper of general circulation within the City of Malibu and was mailed to all property owners and occupants within a 500-foot radius of the subject property.

K. On June 9, 2025, the item was continued to June 23, 2025 Regular City Council Meeting.

L. On June 23, 2025, the item was continued to date uncertain.

M. On November 13, 2025, a Notice of City Council Public Hearing was published in a newspaper of general circulation within the City of Malibu and was mailed to all property owners and occupants within a 500-foot radius of the subject property.

N. On November 19, 2025, a notification of was sent out that the item was cancelled and the hearing will be re-scheduled at a future date.

O. On January 14, 2025, a Notice of City Council Public Hearing was published in a newspaper of general circulation within the City of Malibu and was mailed to all property owners and occupants within a 500-foot radius of the subject property.

P. On February 18, 2026, the City Council held a duly noticed public hearing on the subject application and appeal, reviewed and considered the staff report, reviewed and considered written reports, public testimony, and other information in the record and directed staff to return with a resolution granting the appeal and denying the project, as proposed, in accordance with the Council’s findings.

Q. On May 25, 2026, the City Council reviewed and considered the resolution and its proposed findings and conclusions upholding the appeal and denying the application for project CDPWF No. 23-004.

Resolution No 26-05

Page 3 of 6 ends

______________________
SECTION 2. Environmental Review.

Pursuant to the authority and criteria contained in California Environmental Quality Act (CEQA), the City Council has analyzed the proposed project. Pursuant to CEQA Guidelines Section 15270, CEQA does not apply to projects which a public agency rejects or disapproves.

SECTION 3. Appeal of Action.

The appeal filed by the Appellant contends the appeal should be granted and the project application should be denied based on following alleged issues with the project:

1. Rebuild does not meet all the requirements described in the City of Malibu Local Implementation Plan (LIP).

2. The project as proposed is not an addition to the existing single-family residence but a new single-family residence, and the project is submitted under two different applications.

3. The project as proposed does not meet the General Coastal Development Permit findings.

4. The size of the residence should be smaller.

5. The project is not within the characteristic of the neighborhood.

6. The project was previously denied.

7. The recitals adopted in the Planning Commission resolution are incorrect.

8. The appellant claims they were denied a fair or impartial hearing, and the decision was made contrary to law.

SECTION 4. Findings for Upholding the Appeal.

Based on evidence contained within the record, including the content of the Council Agenda Reports, Planning Commission Agenda Reports, and the testimony and materials considered by the Planning Commission and the City Council, the City Council hereby finds, determines and makes the below findings of fact, and based thereon upholds the appeal, and denies CDPWF No. 23-004, SPR No. 23-026 (building height) and DP No. 24-020 (existing hardscape and landscape).

The appellant has demonstrated that the Planning Commission’s decision is not based on the findings and conditions are not supported by evidence, and the decision is not supported by the findings. That there was a lack of a fair or impartial hearing, and the decision was contrary to law.

The appellants also demonstrated that the proposed project does not meet the Malibu Local Coastal Program (LCP) and is not the least environmentally damaging alternative and that a smaller project would better fit the neighborhood. Based on the evidence in the record, in the agenda report, and at the hearing on the matter, the City Council has determined that the project does not conform to the LCP and Malibu Municipal Code (MMC), denying the project.

SECTION 5. Findings to Deny the Entitlements.

Based on the evidence contained within the record, including the agenda report for the project, the Council hearing on February 18, 2026, the prior hearings and written correspondence, verbal testimony and written correspondence submitted, the materials in the record, and pursuant to LIP Sections 13.7(B) and 13.9, and MMC Section 17.72.060, the City Council denies CDPWF No. 23-004 for the construction of a 4,620 square foot addition to a destroyed single-family residence with an attached garage approved under PVWF No. 21-034, extension of the existing Resolution No 26-05

Page 4 of 6 ends

______________________
swimming pool and spa, driveway reconfiguration, improvements to the existing tennis court, new hardscaping, landscaping, grading, and OWTS; including DP No. 24-020 for the demolition of an existing hardscape and landscape; and SPR No. 23-026 for construction of the residence over 18 feet in height not to exceed 24 feet in height for a flat roof located in the Rural Residential, TwoAcre (RR-2) zoning district at 29738 Cuthbert Road.

The project, as proposed, is not consistent with the applicable LCP and MMC codes, standards, goals, and policies of the General Plan. The findings for denial, among other reasons, are provided in more detail below.

The City Council finds that the proposed project is not consistent with the LCP and LIP and MMC. While other required findings can be made, the evidence does not support some specifically required findings. Due to the height of the project, a site plan review is required pursuant to LIP Section 13.27 and MMC Section 17.62.060. The applicant has not demonstrated that a preponderance of the evidence establishes the required site plan review findings, including that the project is compatible with surrounding development and that it will not adversely affect the neighborhood character. Also, the applicant has not demonstrated that the proposed expansion of the legal non-conforming structure complies with the LCP Interpretation No. 7 requirements governing modifications to legal nonconforming development and the project also fails to demonstrate that it represents the least environmentally damaging feasible alternative given its proximity to a mapped blue-line stream. Lastly, the Council finds that the proposed development is not consistent with the LCP in that it exceeds what is allowed to be replaced for structures destroyed in a natural disaster (LIP Section 13.5(F)) since the proposed improvements result in substantially more development than what had been destroyed in the 2018 Woolsey Fire.

Substantial evidence in the records also supports the Council’s findings as demonstrated below.

A. General Coastal Development Permit (LIP Chapter 13)

1. That the project as described in the application and accompanying materials, as modified by any conditions of approval, conforms with certified City of Malibu Local Coastal Program.

The applicant has not demonstrated that the evidence supports this finding. In fact, as demonstrated below, substantial evidence demonstrates that the Project does not conform with the City’s LCP—because a preponderance of the evidence does not support the required site plan review findings. Further, LCP Interpretation No. 7, provides that any expansion of a nonconforming structure that increases the structure by 50 percent or more and requires a coastal development permit is not permitted unless the entire structure is brought into conformance with LCP policies. Here, the Project does not conform with the City’s LCP, and violates longstanding LCP Interpretation No. 7, because it proposes to increase the nonconforming structure approved by PVWF No. 21-034 by over 50%.

2. The Project is the least environmentally damaging alternative.

The Applicant has not established that the Project is the least environmentally damaging alternative. In fact, substantial evidence demonstrates that the Project is located in close proximity to a blue line stream. LIP Section 4.6.1 states that development shall be located ‘no less than 100 feet in width from the outer edge of the canopy of riparian vegetation. Where riparian vegetation is not present, the buffer shall be measured from the outer edge of the bank of the subject stream.’.

Resolution No 26-05

Page 5 of 6 ends

______________________
Here, the Applicant has located the Project approximately 50 feet from the stream. Locating the Project further from the stream would be less environmentally damaging because it would reduce potential impacts to the riparian habitat, water quality and other environmentally sensitive resources.

B. Site Plan Review Findings for Construction in Excess of 18 Feet in Height (LIP Section 13.27, MMC Section 17.62.060)

1. The project is consistent with the policies and provisions of the Malibu LCP.

All of the required findings to grant the site plan review cannot be made, as there are alternative designs to potentially lower the height and reduce the total development square footage of the proposed structure. The Council further finds that the project would adversely affect neighborhood character, as the proposed scale and massing are significantly larger than surrounding development within the neighborhood.

2. That the project does not adversely affect neighborhood character.

The Applicant has not established that the project will not adversely affect neighborhood character. In fact, substantial evidence in the record establishes that the Project will adversely affect neighborhood character. The project proposes height and bulk that significantly exceeds the vast majority of the other homes in the area. The proposed project surpasses this average, rendering it inconsistent with the prevailing scale and massing of the neighborhood. An alternative design could result in a lower building height and would reduce view impacts to neighboring properties.

Since there is the potential for a design that is lower in height, the findings cannot be made that the project will not be detrimental to the neighborhood and more specifically, the public’s interest, safety, health, welfare or detrimental or injurious to the property or improvements in the same vicinity and zone as the subject property.

3. The proposed project complies with all applicable requirements of state and local law.

As described above, the project does not comply with local law and the City’s LIP. The Project also conflicts with the general provisions and intent, goals, objectives and policies of the LCP and the General Plan which emphasize preservation of the neighborhood character, protection of scenic and visual resources, and ensuring that new development is compatible in scale with the surrounding development. Due to the proposed height, bulk and overall scale of the residence, the project does not demonstrate consistency with these General Plan policies intended to maintain Malibu’s rural character and visual quality.

C. Environmentally Sensitive Habitat Area (LIP Chapter4)

1. The project is consistent with all provisions of the certified LCP with the exception of the ESHA overlay and it complies with the provisions of Section 4.7 of the Malibu LIP.

The City Council finds that the proposed development is located in close proximity to a mapped blue-line stream and, as proposed, is not the least environmentally feasible or least environmentally damaging alternative. Relocating the development farther from the stream constitutes a feasible alternative that would avoid or substantially lessen potential impacts to Resolution No 26-05

Page 6 of 6 ends

______________________
sensitive environmental resources associated with the mapped stream onsite. The site has other alternatives that could avoid impacts to ESHA and still allow an economically viable use of the property.

SECTION 6. City Council Action.

Based on the foregoing findings and evidence contained within the record, the City Council hereby upholds the appeal, and denies CDPWF No. 23-004, SPR No. 23-026 and DP No. 24-020.

SECTION 7. The City Clerk shall certify to the passage and adoption of this resolution and enter it into the book of original resolutions.

PASSED, APPROVED AND ADOPTED this 26th day of May 2026. __________________________________________
BRUCE SILVERSTEIN, Mayor
ATTEST:
____________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
APPROVED AS TO FORM:
____________________________________
TREVOR RUSIN, Interim City Attorney
City Council Meeting
5-26-26
Item

1.B.2.

WARRANT REGISTER NO. 790
On May 26, 2026, the Malibu City Council allowed and approved warrant demand numbers 78921-79094 from the General Fund. The City Manager is hereby directed to pay out the funds named hereon to each of the claimants listed, the amount appearing opposite their name for the purpose stated on the respective demands, making a total of $4,180,081.28. City of Malibu payroll check numbers 5579-5580 and ACH deposits were issued in the amount of $560,580.73.

PASSED, APPROVED and ADOPTED this 26th day of May 2026.

Bruce Silverstein
Mayor
ATTEST:

Kelsey Pettijohn
City Clerk

CERTIFICATE
In accordance with Government Code Sections 37202 and Malibu Municipal Code 3.08.050, I hereby certify that: (1) the claims or demands set forth in the warrant register(s) listed below and attached hereto and incorporated herein by this reference in the aggregate amount of $4,740,662.01 have been audited as to their accuracy; and (2) sufficient funds have been appropriated by the City Council and are available for the payment thereof.

EXECUTED this 14th day of May 2026, AT MALIBU, CALIFORNIA Joseph D. Irvin
City Manager
Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Accounts Payable
Checks by Date - Summary by Check Number
User: sflores
Printed: 5/13/2026 8:51 AM
Check No Vendor No Vendor Name Check Date Void Checks Check Amount 78921 ADVANTAN MAP COMMUNICATIONS INC 05/04/2026 0.00 261.91 78922 BURNS BURNS PACIFIC CONSTRUCTION INC 05/04/2026 0.00 566,317.13 78923 CHEVRON2 WRIGHT EXPRESS FSC WEX BANK 05/04/2026 0.00 1,816.68 78924 CHRGPNT CHARGEPOINT INC 05/04/2026 0.00 2,370.00
78925 CIVICPLU CIVICPLUS LLC 05/04/2026 0.00 15,793.98
78926 CROSSING CROSSING GUARD SERVICES LLC 05/04/2026 0.00 4,560.00 78927 DAPEERR DAPEER ROSENBLIT & LITVAK LLP 05/04/2026 0.00 100.00 78928 FELSENGR FELSEN GROUP INC 05/04/2026 0.00 97,960.20 78929 FREDERIC FREDERICK FISHER & PARTNERS AR( 05/04/2026 0.00 32,620.50 78930 HOMETOWI HOMETOWN CVI HOLDINGS LLC 05/04/2026 0.00 6,719.00 78931 iRIS LORRIE FEINBERG 05/04/2026 0.00 10,141.25
78932 LISAWISE LISA WISE CONSULTING INC 05/04/2026 0.00 15,759.25 78933 MALICOM MALIBU COMMUNITY LABOR EXCH) 05/04/2026 0.00 663.00 78934 PEOPCON THE PEOPLE CONCERN 05/04/2026 0.00 36,834.00 78935 QUADFIN QUADIENT FINANCE USA INC 05/04/2026 0.00 400.00 78936 QUINTO QUINTO CONSULTING LP 05/04/2026 0.00 5,200.00 78937 RNCONC RINCON CONSULTANTS INC 05/04/2026 0.00 91,523.65 78938 SCAFCA SCA OF CA LLC 05/04/2026 0.00 11,491.20
78939 SOUTHCOS SOUTH COAST AQMD 05/04/2026 0.00 10,313.39 78940 SPECTRUM CHARTER COMMUNICATIONS HOLDI 05/04/2026 0.00 4,781.21 78941 STATECO STATE CONTROLLER'S OFFICE 05/04/2026 0.00 3,580.92 78942 TRENCH TOM MALLOY CORPORATION 05/04/2026 0.00 1,848.00 78943 WILLSCOT WILLIAM SCOTSMAN INC 05/04/2026 0.00 9,558.86 78944 YUNEX SIEMENS MOBILITY INC 05/04/2026 0.00 16,812.73 78945 AAAPROP AAA PROPANE SERVICES INC 05/04/2026 0.00 1,302.70 78946 ANAWALT ANAWALT LUMBER CO INC 05/04/2026 0.00 8.80 78947 APPLE APPLEONE 05/04/2026 0.00 7,938.88
78948 BEARCON BEAR CONTRACTORS INC 05/04/2026 0.00 255.00 78949 COTTON COTTON SHIRES & ASSOCIATES INC 05/04/2026 0.00 205,997.88 78950 CRASSOC CHEN RYAN ASSOCIATES`INC 05/04/2026 0.00 2,336.75 78951 CRPRINT EARTH PRINT INC 05/04/2026 0.00 486.97
78952 CWCDRY PAUL JOSEPH CROTEAU 05/04/2026 0.00 3,990.00 78953 FRONTIER FRONTIER CALIFORNIA INC 05/04/2026 0.00 610.59 78954 GFOA GOVERNMENT FINANCE OFFICERS A 05/04/2026 0.00 500.00 78955 GIINDUS GI INDUSTRIES 05/04/2026 0.00 1,388.32
78956 HARTSEL BOB HARTS ELECTRIC INC 05/04/2026 0.00 712.99 78957 IPC INC INTEGRATED PERFORMANCE CONSU 05/04/2026 0.00 239,263.49 78958 LACOCLE LA COUNTY REGISTRAR-RECORDER 05/04/2026 0.00 25.00 78959 LACOWAT LA CO MALIBU TREASURER-WATERW 05/04/2026 0.00 4,443.67 78960 MASTERCO MASTER COOLING CORPORATION 05/04/2026 0.00 2,550.80 78961 MISTROB WINK ROBERTS 05/04/2026 0.00 1,513.16
78962 PALIBU MALIBU PACIFIC PALISADES CHAMB 05/04/2026 0.00 10,000.00 78963 PATCH PLANCK LLC 05/04/2026 0.00 5,000.00
78964 PORDAM DAMON PORTER 05/04/2026 0.00 795.12
78965 REGENCYL REGENCY ENTERPRISES INC 05/04/2026 0.00 184.42 78966 REMOTESA REMOTE SATELLITE SYSTEMS INT'L 05/04/2026 0.00 268.00 78967 RYLAND STLR CORPORATION 05/04/2026 0.00 1,612.50
AP Checks by Date - Summary by Check Number (5/13/2026 8:51 AM) Page 1 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Check No Vendor No Vendor Name CheckDate Void Checks Check Amount 78968 TMOBILE T-MOBILE USA INC 05/04/2026 0.00 1,462.27 78969 TOSHIBA US BANK NATIONAL ASSOCIATION 05/04/2026 0.00 4,028.22 78970 ULTMAINT ULTIMATE MAINTENANCE SERVICES 05/04/2026 0.00 8,150.00 78971 UNDERGR UNDERGROUND SERVICE ALERT OF ; 05/04/2026 0.00 176.18 78972 4LEAF 4LEAF INC 05/12/2026 0.00 40,797.50
78973 CABUILDI CA BUILDING STANDARDS COMMISS 05/12/2026 0.00 1,949.40 78974 CJBIOMON COURTNEY JEAN MCCAMMON 05/12/2026 0.00 4,290.00 78975 DCMCLLC LEMOINE SERVICES HOLDINGS LP 05/12/2026 0.00 28,819.75 78976 FILIPPIN FILIPPIN ENGINEERING INC 05/12/2026 0.00 79,835.43 78977 GRANITET GRANITE TELECOMMUNICATIONS LI 05/12/2026 0.00 1,297.63 78978 KONICA KONICA MINOLTA BUSINESS SOLUTII 05/12/2026 0.00 6,250.00 78979 LAZPARKI LAZ KARP ASSOCIATES LLC 05/12/2026 0.00 46,624.02 78980 MRGLLC MUNICIPAL RESOURCE GROUP LLC 05/12/2026 0.00 10,000.00 78981 PARSARS PUBLIC AGENCY RETIREMENT SVCS 05/12/2026 0.00 982.03 78982 SHEPPMUL SHEPPARD MULLIN RICHTER & HAM] 05/12/2026 0.00 18,513.00 78983 USLABS BUREAU VERITAS NORTH AMERICA I 05/12/2026 0.00 73,973.51 78984 13STARS 13 STARS MEDIA 05/12/2026 0.00 1,593.98
78985 ACCOUNTE OFFICE TEAM A ROBERT HALF COME 05/12/2026 0.00 2,050.00 78986 ACMEVALL ACME VALLEY SECURITY SERVICES 1 05/12/2026 0.00 178.50 78987 ANAWALT ANAWALT LUMBER CO INC 05/12/2026 0.00 1.00 78988 APPLE APPLEONE 05/12/2026 0.00 1,578.39
78989 AT&TMOBI AT&T MOBILITY 05/12/2026 0.00 422.41
78990 AYALABR BRANDIE AYALA 05/12/2026 0.00 219.24
78991 CRPRINT EARTH PRINT INC 05/12/2026 0.00 2,198.53
78992 EXCELOFF EXCEL OFFICE SERVICES 05/12/2026 0.00 971.17 78993 FRONTIER FRONTIER CALIFORNIA INC 05/12/2026 0.00 2,462.43 78994 HARTSEL BOB HARTS ELECTRIC INC 05/12/2026 0.00 413.84 78995 HDSUPPLY HD SUPPLY INC 05/12/2026 0.00 526.29
78996 LACOCLE LA COUNTY REGISTRAR-RECORDER 05/12/2026 0.00 25.00 78997 LACOCLE LA COUNTY REGISTRAR-RECORDER 05/12/2026 0.00 25.00 78998 LACOCLE LA COUNTY REGISTRAR-RECORDER 05/12/2026 0.00 25.00 78999 LACOCLE LA COUNTY REGISTRAR-RECORDER 05/12/2026 0.00 25.00 79000 NEXTIVA NEXTIVA INC 08/12/2026 0.00 5,855.48
79001 RAIKYL KYLE RAINER 05/12/2026 0.00 387.46
79002 SCEDISO SOUTHERN CALIFORNIA EDISON COP 05/12/2026 0.00 195.86 79003 SCGas SOUTHERN CALIFORNIA GAS COMPA 05/12/2026 0.00 15.15 79004 SPIROG SEBASTIAN SPIROGLOU 05/12/2026 0.00 36.97
79005 STAPLES STAPLES CONTRACT & COMMERCIAL 05/12/2026 0.00 1,358.30 79006 STESHA SHAWN STERN 05/12/2026 0.00 884.94
79007 ULTMAINT ULTIMATE MAINTENANCE SERVICES 05/12/2026 0.00 12,400.00 79008 VIAWEST FLEXENTIAL COLORADO CORP 05/12/2026 0.00 3,494.22 79009 XEROX XEROX CORPORATION 05/12/2026 0.00 485.10
79010 ADVANTAN MAP COMMUNICATIONS INC 05/12/2026 0.00 291.76 79011 ATLASPLA ATLAS PLANNING SOLUTIONS 05/12/2026 0.00 22,334.00 79012 BBK BEST BEST & KRIEGER LLP 05/12/2026 0.00 173,219.75 79013 BURNS BURNS PACIFIC CONSTRUCTION INC 05/12/2026 0.00 30,467.27 79014 CALREC CA DEPT OF RESOURCES RECYCLING 05/12/2026 0.00 343.40 79015 CROSSING CROSSING GUARD SERVICES LLC 05/12/2026 0.00 3,192.00 79016 FILIPPIN FILIPPIN ENGINEERING INC 05/12/2026 0.00 41,567.50 79017 INFINITY INFINITYTECHNOLOGIES 05/12/2026 0.00 2,415.00 79018 iRIS LORRIE FEINBERG 05/12/2026 0.00 7,627.50
79019 KIMLEY KIMLEY-HORN AND ASSOC INC 05/12/2026 0.00 19,739.00 79020 MATTMICH DR MICHAEL D MATTHEWS 05/12/2026 0.00 3,585.00 79021 MNS MNS ENGINEERS INC 05/12/2026 0.00 801.94
79022 TETRATE TETRATECH INC 05/12/2026 0.00 86,033.69
79023 TICKIOT TICKIOT INC 05/12/2026 0.00 5,100.00
79024 TRENCH TOM MALLOY CORPORATION 05/12/2026 0.00 1,848.00 AP Checks by Date - Summary by Check Number (5/13/2026 8:51 AM) Page 2 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Check No Vendor No Vendor Name Check Date Void Checks Check Amount 79025 TRIPEPIS TRIPEPI SMITH & ASSOCIATES 05/12/2026. 0.00 2,745.00 79026 ULTMAINT ULTIMATE MAINTENANCE SERVICES 05/12/2026 0.00 1,900.00 79027 XEROXFIN XEROX CORPORATION 05/12/2026 0.00 106.20 79028 YEHASSOC YEH AND ASSOCIATES INC 05/12/2026 0.00 39,278.19 79029 ANDYGUMI ANDY GUMP INC 05/12/2026 0.00 114.98
79030 CASTRATE CALIFORNIA STRATEGIES & ADVOC? 05/12/2026 0.00 12,500.00 79031 COOKALI ALLISON COOK 05/12/2026 0.00 1,113.75
79032 EARTHCAI EARTHCAM INC 05/12/2026 0.00 832.75
79033 EKALLC ENGLANDER KNABE ALLEN & ASSO( 05/12/2026 0.00 7,625.00 79034 ENTELEGE ENTELEGENT SOLUTIONS INC 05/12/2026 0.00 691.98 79035 FOXWBATH FOX WEATHER LLC 05/12/2026 0.00 900.00
79036 HDL2 HDL COREN & CONE 05/12/2026 0.00 3,657.50
79037 ICMAASS INTERNATIONAL CITY/COUNTY MAN 05/12/2026 0.00 1,200.00 79038 KIMLBY KIMLEY-HORN AND ASSOC INC 05/12/2026 0.00 23,467.50 79039 LACOANI LA CO ANIMAL CARE & CONTROL 05/12/2026 0.00 7,974.87 79040 LACOSHE LA CO SHERIFF'S DEPARTMENT 05/12/2026 0.00 1,009,810.12 79041 LARICS COUNTY OF LOS ANGELES LA-RICS 05/12/2026 0.00 860.00 79042 MICHBAK MICHAEL BAKER INTERNATIONAL II' 05/12/2026 0.00 98,269.20 79043 SPRING SPRINGBROOK HOLDING COMPANY] 05/12/2026 0.00 300.00 79044 SUNSTONE SUNSTONE CITIES LLC 05/12/2026 0.00 6,000.00 79045 SWRCBI STATE WATER RESOURCES CONTROL 05/12/2026 0.00 263,254.65 79046 TRUNORTH TRUE NORTH COMPLIANCE SERVICE', 05/12/2026 0.00 77,677.15 79047 WAVEENTE WAVE ENTERPRISES INC 05/12/2026 0.00 15,711.98 79048 WILLSCOT WILLIAMS SCOTSMAN INC 05/12/2026 0.00 2,844.04 79049 13STARS 13 STARS MEDIA 05/12/2026 0.00 268.00
79050 ANAWALT ANAWALT LUMBER CO INC 05/12/2026 0.00 38.58 79051 BURCAR CARA BURGE 05/12/2026 0.00 50.00
79052 BUXANN ANN BUXIE 05/12/2026 0.00 100.00
79053 CHAJEN JENNIFER CHAPMAN 05/12/2026 0.00 250.00
79054 CHAMPCAA TREVOR ELDER 05/12/2026 0.00 200.00
79055 CHARLOTT CHARLOTTE ANNE WARD 05/12/2026 0.00 300.00 79056 DANJUL JULIE DANIELS 05/12/2026 0.00 100.00
79057 DAVPAT PATRICIA DAVIS 05/12/2026 0.00 100.00
79058 DIAANG ANGEL GABRIEL DIAZ 05/12/2026 0.00 100.00
79059 DUFSUS SUSIE DUFF 05/12/2026 0.00 2,600.00
79060 FELMAR MARTY FELGEN 05/12/2026 0.00 300.00
79061 GIINDUS GI INDUSTRIES 05/1,2/2026 0.00 3,340.00
79062 GOLPAM PAMELA GOLDSMITH 05/12/2026 0.00 100.00
79063 JACANN ANNA JACOBSEN 05/12/2026 0.00 250.00
79064 KAFTRA TRACY KATZ 05/12/2026 0.00 100.00
79065 LAWSONS SKYLAR J LAWSON 05/12/2026 0.00 200.00
79066 MANMIC MICHAEL ANTHONY MANFREDO 05/12/2026 0.00 250.00 79067 MCDERM MCDERMOTT PUMPING 05/12/2026 0.00 650.00
79068 MEANSRIC RICARDO MEANS 05/12/2026 0.00 100.00
79069 MENGAB GABRIELA MENDO 05/12/2026 0.00 150.00
79070 MILDAN DANIELAMILLER 05/12/2026 0.00 100.00
79071 MRISVE SVETLANAMRTL 05/12/2026 0.00 500.00
79072 NATIONA NATIONAL CONSTRUCTION RENTAL 05/12/2026 0.00 2,682.30 79073 REGAJ JOLYNN M FREED REGAN 05/12/2026 0.00 100.00 79074 ROUNDSTA ROUND STAR WEST LLC 05/12/2026 0.00 35.00 79075 ROVBRI BRIANA ENRIQUEZ-ROVEN 05/12/2026 0.00 150.00 79076 SANTA SANTA MONICA - MALIBU UNIFIED S' 05/12/2026 0.00 364,213.64 79077 SPIJAY JAYME SPIEGEL 05/12/2026 0.00 175.00
79078 STRUJ JOHN STRULOEFF 05/12/2026 0.00 100.00
79079 STRWIL WILLIAM STRULOEFF 05/12/2026 0.00 100.00
79080 TOTALGRA BRIAN SHORE 05/12/2026 0.00 325.39
79081 ZAVJUA JUAN S ZAVALA 05/12/2026 0.00 220.00
AP Checks by Date - Summary by Check Number (5/13/2026 8:51 AM) Page 3 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Check No Vendor No Vendor Name Check Date Void Checks Check Amount 79082 13STARS 13 STARS MEDIA 05/12/2026 0.00 58.14
79083 AAAPROP AAA PROPANE SERVICES INC 05/12/2026 0.00 19.54 79084 ACCOUNTE OFFICE TEAM A ROBERT HALF COMP 05/12/2026 0.00 2,050.00 79085 APPLE APPLEONE 05/12/2026 0.00 1,217.28
79086 FRONTIER FRONTIER CALIFORNIA INC 05/12/2026 0.00 1,217.89 79087 HDSUPPLY HD SUPPLY INC 05/12/2026 0.00 148.18
79088 PRODIVFL PROFESSIONAL DIVERSIFIED FLOORI 05/12/2026 0.00 3,712.61 79089 RPBARRI R P BARRICADE INC 05/12/2026 0.00 367.01
79090 SCEDISO SOUTHERN CALIFORNIA EDISON COP 05/12/2026 0.00 111.81 79091 TMOBILE T-MOBILE USA INC 05/12/2026 0.00 1,538.29 79092 TOSHIBA US BANK NATIONAL ASSOCIATION 05/12/2026 0.00 3,543.29 79093 VERIZONW VERIZON WIRELESS SERVICES LLC 05/12/2026 0.00 5,739.83 79094 USBANK2 US BANK 05/12/2026 0.00 1,118.73
Report Total (174 checks): 0.00 4,180,081.28
AP Checks by Date - Summary by Check Number (5/13/2026 8:51 AM) Page 4 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Accounts Payable
Transactions by Account
User: sflores
Printed: 05/13/2026 - 8:55AM
Batch: 00000.00.0000
Account Number Vendor Description GL Date Check No Amount PO No 100-0000-3464-00 CARA BURGE Ref - Youth Flag Football 4/19/26 05/12/2026 79051 25.00 Vendor Subtotal: 25.00
100-0000-3470-00 CARABURGE Ref- Chess Class 4/17/26 05/12/2026 79051 25.00 Vendor Subtotal: 25.00
100-0000-3470-00 GABRIELA MENDO Ref- Youth Hip-Hop 4/15 - 5/20/26 05/12/2026 79069 150.00 Vendor Subtotal: 150.00
100-0000-3470-00 BRIANA ENRIQUEZ-ROVEN Ref-YouthBallet4/14/26 05/12/2026 79075 150.00 Vendor Subtotal: 150.00
100-0000-3470-00 JAYME SPIEGEL Ref- Trash to Treasure Art 4/14 - 5/26 05/12/2026 79077 175.00 Vendor Subtotal: 175.00
100-3001-5100-00 FOX WEATHER LLC Weather Forecasting - Apr'26 05/12/2026 79035 900.00 000004668 Vendor Subtotal: 900.00
100-3001-5120-00 BURNS PACIFIC CONSTRUCTIOI Task 1: Routine Maint - Mar'26 05/04/2026 78922 94,514.46 000004401 Vendor Subtotal: 94,514.46
100-3001-5121-01 SCA OF CA LLC Street Sweeping Svcs - Mar'26 05/04/2026 78938 11,491.20 000004404 AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 1 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 11,491.20
100-3001-5123-00 BURNS PACIFIC CONSTRUCTIOI Task 4: Storm Response - Feb'26 05/04/2026 78922 234,101.75 000004401 100-3001-5123-00 BURNS PACIFIC CONSTRUCTIOI Task 4: Storm Response - Mar'26 05/04/2026 78922 39,367.96 000004401 Vendor Subtotal: 273,469.71
100-3001-5124-00 SIEMENS MOBILITY INC Traffic Signal Call Outs - Feb'26 05/04/2026 78944 390.02 000004120 100-3001-5124-00 SIEMENS MOBILITY INC Traffic Signal Maint -Feb'26 05/04/2026 78944 1,326.00 000004120 100-3001-5124-00 SIEMENS MOBILITY INC Traffic Signal Maint - Mar'26 05/04/2026 78944 606.00 000004120 Vendor Subtotal: 2,322.02
100-3001-5127-00 BURNS PACIFIC CONSTRUCTIOI Task 2: Weed Abatement - Mar'26 05/04/2026 78922 26,077.75 000004401 Vendor Subtotal: 26,077.75
100-3001-5725-00 GI INDUSTRIES Garbage - City Yard 3/16 - 3/31/26 05/04/2026 78955 1,070.52 Vendor Subtotal: 1,070.52
100-3001-6160-00 BURNS PACIFIC CONSTRUCTIOI Supplies - Mar'26 05/04/2026 78922 2,890.34 000004401 Vendor Subtotal: 2,890.34
100-3001-6160-00 R P BARRICADE INC PW - Signs 05/12/2026 79089 367.01 Vendor Subtotal: 367.01
100-3001-6160-00 UNDERGROUND SERVICE ALER Monthly Fee-Mar'26 05/04/2026 78971 39.33 100-3001-6160-00 UNDERGROUND SERVICEALER Dig Alerts 05/04/2026 78971 136.85 Vendor Subtotal: 176.18
100-3001-7800-00 BURNS PACIFIC CONSTRUCTIOI Task 6: Other Maint Bollard Proj - Ma 05/04/2026 78922 11,736.88 000004401 Vendor Subtotal: 11,736.88
AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 2 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No 100-3001-7800-00 SIEMENS MOBILITY INC Various Transfer Switch Install - Dec': 05/04/2026 78944 6,975.00 100-3001-7800-00 SIEMENS MOBILITY INC Civic Ctr/Webb Wy ISNS Install 12/11 05/04/2026 78944 6,700.00 100-3001-7800-00 SIEMENS MOBILITY INC Traffic Signal Callouts - Mar'26 05/04/2026 78944 815.71 Vendor Subtotal: 14,490.71
100-3007-5610-00 INTEGRATED PERFORMANCE C PCSTF Operation/Maint - Mar'26 05/04/2026 78957 3,913.00 000003241 100-3007-5610-00 INTEGRATED PERFORMANCE C CCSTF Operation/Maint - Mar'26 05/04/2026 78957 3,913.00 000003241 100-3007-5610-00 INTEGRATED PERFORMANCE C CCSTF Operation/Maint- Feb'26 05/04/2026 78957 3,913.00 000003241 Vendor Subtotal: 11,739.00
100-3007-5610-01 INTEGRATED PERFORMANCE C PCSTF Operation/Maint - Feb'26 05/04/2026 78957 3,913.00 000003241 Vendor Subtotal: 3,913.00
100-3007-5655-00 INTEGRATED PERFORMANCE C Remote Access Fee - Feb'26 05/04/2026 78957 300.00 000003241 100-3007-5655-00 INTEGRATED PERFORMANCE C Remote Access Fee - Mar'36 05/04/2026 78957 300.00 000003241 Vendor Subtotal: 600.00
100-3007-5723-00 LA CO MALIBU TREASURER-WA Water - Irrigation Broad Beach 1/20-3, 05/04/2026 78959 208.45 100-3007-5723-00 LA CO MALIBU TREASURER-WA Water- CCSTF 1/6-3/9/26 Acct#2915: 05/04/2026 78959 515.65 Vendor Subtotal: 724.10
100-3007-7800-00 INTEGRATED PERFORMANCE C Additional Equipment CCSTF - Feb '2 05/04/2026 78957 1,500.00 000003241 100-3007-7800-00 INTEGRATED PERFORMANCE C Equipment CCSTF - Feb'26 05/04/2026 78957 262.20 000003241 100-3007-7800-00 INTEGRATED PERFORMANCE C Equipment PCSTF - Feb '26 05/04/2026 78957 847.82 000003241 100-3007-7800-00 INTEGRATED PERFORMANCE C Equipment PCSTF - Mar'26 05/04/2026 78957 47.00 000003241 Vendor Subtotal: 2,657.02
100-3008-5100-00 CROSSING GUARD SERVICES LI Crossing Guard Svcs - Mar'26 05/04/2026 78926 4,560.00 000004595 100-3008-5100-00 CROSSING GUARD SERVICES LI Crossing Guard Svcs - Apr'26 05/12/2026 79015 3,192.00 000004595 Vendor Subtotal: 7,752.00
100-3008-5100-00 INFINITY TECI-INOLOGIES GIS Svcs-Mar'26 05/12/2026 79017 2,185.00 000004377 AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 3 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 2,185.00
100-3008-5100-00 LORRIE FEINBERG DB Updates - Public Works - Mar'26 05/04/2026 78931 33.75 000004147 Vendor Subtotal: 33.75
100-3008-5100-00 MNS ENGINEERS INC FEMA/Floodplain Ordinance 3/30 - 4/ 05/12/2026 79021 555.19 000004331 Vendor Subtotal: 555.19
100-3008-5125-00 KIMLEY-HORN AND ASSOC INC Task 17: PCH Reopening - Through 31 05/12/2026 79038 18,500.00 000004367 Vendor Subtotal: 18,500.00
100-3008-5340-00 BRANDIE AYALA Reimb - MMASC Conf Mileage - B. 7 05/12/2026 78990 219.24 Vendor Subtotal: 219.24
100-3008-5401-00 13 STARS MEDIA Ad - PCH Signal Sync 1/29/26 05/12/2026 78984 268.00 Vendor Subtotal: 268.00
100-4001-4210-00 State of California PR Taxes Unemployment Expenses - Jan-Mar'2E 05/12/2026 0 4,302.00 Vendor Subtotal: 4,302.00
100-4001-5401-00 BRIAN SHORE Banners - Summer Recreation '25 05/12/2026 79080 278.25 000004684 Vendor Subtotal: 278.25
100-4002-6160-00 BRIAN SHORE Stickers - MI-IS Sports/Aquatics 05/12/2026 79080 47.14 000004684 Vendor Subtotal: 47.14
100-4003-5107-00 ANNA JACOBSEN Lecturer - Malibu Monarch Proejct 4/1 05/12/2026 79063 250.00 Vendor Subtotal: 250.00
AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 4 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No 100-4003-5401-00 13 STARS MEDIA Ad - Malibu Monarch Project 4/9/26 05/12/2026 78984 268.00 100-4003-5401-00 13 STARS MEDIA Ad - Pollinator Garden Installation 4/2 05/12/2026 79049 268.00 Vendor Subtotal: 536.00
100-4006-5107-00 ROUND STAR WEST LLC Instructor - Soccer Sundays Ages 1-2; 05/12/2026 79074 35.00 Vendor Subtotal: 35.00
100-4007-5107-00 JENNIFER CHAPMAN Instructor - Outdoor Fitness 4/14/26 05/12/2026 79053 250.00 Vendor Subtotal: 250.00
100-4007-5107-00 MARTY PELGEN Instructor - Lego Robotics Workshop 05/12/2026 79060 300.00 Vendor Subtotal: 300.00
100-4007-5107-00 MICHAEL ANTI-IONY MANPRED( Instructor - Nature Photography 4/17/ 05/12/2026 79066 250.00 Vendor Subtotal: 250.00
100-4007-5107-00 S VETLANA MRIL Instructor - Dutch Paint Pour 4/23/26 05/12/2026 79071 250.00 100-4007-5107-00 SVETLANA MRIL Instructor - Dutch Paint Pour 4/18/26 05/12/2026 79071 250.00 Vendor Subtotal: 500.00
100-4007-5340-00 SEBASTIAN SPIROGLOU Mileage - Mar'26 05/12/2026 79004 36.97 Vendor Subtotal: 36.97
100-4010-4210-00 State of California PR Taxes Unemployment Expenses - Jan-Mar'2E 05/12/2026 0 304.00 Vendor Subtotal: 304.00
100-4010-5610-00 MCDERMOTT PUMPING Equestrian - Septic Maint 4/9/26 05/12/2026 79067 650.00 Vendor Subtotal: 650.00
AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 5 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No 100-4010-5710-00 NATIONAL CONSTRUCTION REI Bluffs Portable Toilets 4/2 - 4/29/26 05/12/2026 79072 941.10 100-4010-5710-00 NATIONAL CONSTRUCTION REl Trancas Temp Fence 3/31 - 9/29/26 05/12/2026 79072 1,741.20 Vendor Subtotal: 2,682.30
100-4010-5721-00 FRONTIER CALIPORNIAINC Trancas Septic, Trancas Park- Apr'26 05/12/2026 78993 211.30 Vendor Subtotal: 211.30
100-4010-5722-00 SOUTIIERN CALIFORNIA EDISO Charmlee Park - Mar'26 05/12/2026 79002 195.86 Vendor Subtotal: 195.86
100-4010-5723-00 LA CO MALIBU TREASURER-WI Water - Bluffs 1/26-3/25/26 Acct#291 05/04/2026 78959 1,015.34 VendorSubtotal: 1,015.34
100-4010-6160-00 ANAWALl'LUMBERCO INC CS - Service Pee 05/12/2026 78987 1.00 Vendor Subtotal: 1.00
100-4010-6300-00 ANAWALT LUMBER CO INC Bluffs - Measuring Tools 05/12/2026 79050 38.58 Vendor Subtotal: 38.58
100-4010-7300-00 TICKIOT INC Bluffs Park - Wifi Antenna Install 05/12/2026 79023 5,100.00 VendorSubtotal: 5,100.00
100-4011-5107-00 TREVOR ELDER Tiny Tot Olympics - Skateboarding 5/ 05/12/2026 79054 200.00 Vendor Subtotal: 200.00
100-4011-5107-00 GI INDUSTRIES Garbage - Chumash Day 3/28 - 3/29/2 05/12/2026 79061 3,340.00 VendorSubtotal: 3,340.00
AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 6 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No 100-4011-5107-00 SKYLAR J LAWSON Tiny Tots Olympics - Surfing 5/3/26 05/12/2026 79065 200.00 Vendor Subtotal: 200.00
100-4012-5107-00 JUAN S ZAVALA Gay Summer Rick - Art Transportatioi 05/12/2026 79081 220.00 Vendor Subtotal: 220.00
100-7001-5100-00 STLR CORPORATION School District Separation - Mar'26 05/04/2026 78967 1,612.50 000003541 Vendor Subtotal: 1,612.50
100-7001-5104-00 CALIFORNIA STRATEGIES & AD Lobbying Svcs - Apr'26 05/12/2026 79030 12,500.00 000003092 Vendor Subtotal: 12,500.00
100-7002-5100-00 MAP COMMUNICATIONS INC Live Telephone Answering Svcs - Apr 05/04/2026 78921 261.91 000004376 100-7002-5100-00 MAP COMMUNICATIONS INC Live Telephone Answering Svcs - Ma} 05/12/2026 79010 291.76 000004376 Vendor Subtotal: 553.67
100-7002-5100-00 ENGLANDER KNABE ALLEN & Crisis Communication -Jan'26 05/12/2026- 79033 4,125.00 000004703 100-7002-5100-00 ENGLANDER KNABE ALLEN & , Crisis Communication - Dec '25 05/12/2026 79033 2,625.00 000004703 100-7002-5100-00 ENGLANDER KNABE ALLEN & Crisis Communication - Feb '26 05/12/2026 79033 875.00 000004703 Vendor Subtotal: 7,625.00
100-7002-5107-00 OFFICE TEAM A ROBERT HALF C Temp Staff-K. Franklin 4/10/26 05/12/2026 78985 2,050.00 100-7002-5107-00 OFFICE TEAM A ROBERT HALF C Temp Staff - K. Franklin 4/17/26 05/12/2026 79084 2,050.00 VendorSubtotal: 4,100.00
100-7003-4210-00 State of California PR Taxes Unemployment Expenses - Jan-Mar'2E 05/12/2026 0 249.00 Vendor Subtotal: 249.00
100-7003-5100-00 DR MICHAEL D MATTHEWS SMMUSD Separation - Mar'26 05/12/2026 79020 525.00 000004162 100-7003-5100-00 DR MICI-IAEL D MATTHEWS SMMUSD Separation - Apr'26 05/12/2026 79020 3,060.00 000004162 AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 7 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 3,585.00
100-7003-5100-00 SUNSTONE CITIES LLC Economic Recovery Strategy - Apr '2f 05/12/2026 79044 6,000.00 000004642 Vendor Subtotal: 6,000.00
100-7003-5330-00 INTERNATIONALCITY/COUNTY622190- ICMA Renewal FY 26/27, J. 05/12/2026 79037 1,200.00 Vendor Subtotal: 1,200.00
100-7005-5101-00 BEST BEST & KRIEGER LLP General Legal Counsel - Feb'26 05/12/2026 79012 30,537.00 000004588 Vendor Subtotal: 30,537.00
100-7005-5101-01 BEST BEST & KRIEGER LLP School District Separation - Feb'26 05/12/2026 79012 28,496.30 000004588 Vendor Subtotal: 28,496.30
100-7005-5101-02 SHEPPARD MULLIN RICHTER & SMMC Lawsuit - Mar'26 05/12/2026 78982 18,513.00 000004701 Vendor Subtotal: 18,513.00
100-7005-5102-00 BEST BEST & KRIEGER LLP Litigation -Feb '26 05/12/2026 79012 112,241.65 000004588 Vendor Subtotal: 112,241.65
100-7005-5103-00 DAPEER ROSENBLIT & LITVAK City Prosecutor Svc - Feb'26 05/04/2026 78927 100.00 000002553 Vendor Subtotal: 100.00
100-7007-5100-00 CIVICPLUS LLC YR 5 NextRequest Annual License 3/1 05/04/2026 78925 15,793.98 000004699 Vendor Subtotal: 15,793.98
100-7007-6160-00 STAPLES CONTRACT & COMME Office Supplies - City Clerk 05/12/2026 79005 1,193.71 Vendor Subtotal: 1,193.71
AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 8 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No 100-7021-5100-00 ATLAS PLANNING SOLUTIONS Saftey Element Update - Apr'26 05/12/2026 79011 22,334.00 000004545 Vendor Subtotal: 22,334.00
100-7021-5100-00 ALLISON COOK Safety Element - Apr'26 05/12/2026 79031 1,113.75 000004334 Vendor Subtotal: 1,113.75
100-7021-5100-00 COUNTY OF LOS ANGELES LA-B LARICS Radios - Apr'26 05/12/2026 79041 860.00 000004646 Vendor Subtotal: 860.00
100-7021-5106-00 LA CO ANIMAL CARE & CONTRI Animal Control - Mar'26 05/12/2026 79039 7,974.87 000004307 Vendor Subtotal: 7,974.87
100-7021-5115-00 LA CO SHERIFF'S DEPARTMENT Sheriffs Svcs - Lost Hills - Mar'26 05/12/2026 79040 925,786.29 000004586 100-7021-5115-00 LA CO SHERIFF'S DEPARTMENT Sheriffs Svcs - Liaison 2/2 - 2/26/26 05/12/2026 79040 23,780.62 000004586 100-7021-5115-00 LA CO SIIERIFF'S DEPARTMENT Sheriffs Svcs - DUI Checkpoint 2/20/: 05/12/2026 79040 13,666.57 000004586 100-7021-5115-00 LA CO SI-IERIFF'S DEPARTMENT Sheriffs Svcs - Traffic Enforcement 2/ 05/12/2026 79040 41,695.09 000004586 Vendor Subtotal: 1,004,928.57
100-7021-5116-00 LA CO SHERIFF'S DEPARTMENT Sheriffs Svcs - Beach Team 2/25/26 05/12/2026 79040 904.54 000004586 Vendor Subtotal: 904.54
100-7021-5119-00 THE PEOPLE CONCERN Homeless Outreach - Mar'26 05/04/2026 78934 36,834.00 000003783 Vendor Subtotal: 36,834.00
100-7021-5122-00 LAZ KARPASSOCIAl'ES LLC Parking Enforcement - Mar'26 05/12/2026 78979 46,624.02 000004318 Vendor Subtotal: 46,624.02
100-7021-5401-00 13 STARS MEDIA Legal Notice - Parking Fine Schedule 05/12/2026 79082 58.14 AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 9 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 58.14
100-7021-5710-00 I-IOMETOWN CVI I-IOLDINGS LL Annual License Fee 6/1/26 - 5/31/27 05/04/2026 78930 6,719.00 000004554 Vendor Subtotal: 6,719.00
100-7021-5721-00 AT&T MOBILITY Phone Lines - EOC/PS 3/2 - 4/1/26 05/12/2026 78989 422.41 Vendor Subtotal: 422.41
100-7021-5721-00 ENTELEGENT SOLUTIONS INC Disconnection Fees - Call Boxes - Mai 05/12/2026 79034 691.98 Vendor Subtotal: 691.98
100-7021-5721-00 FRONTIER CALIFORNIA INC Disaster, Tier, E911 - Apr'26 05/12/2026 78993 383.46 Vendor Subtotal: 383.46
100-7021-5721-00 REMOTE SATELLITE SYSTEMS I Satellite Phones - May '26 05/04/2026 78966 268.00 Vendor Subtotal: 268.00
100-7054-5100-00 HDL COREN & CONE Property Tax Svcs - Apr to Jun'26 05/12/2026 79036 3,657.50 000004704 Vendor Subtotal: 3,657.50
100-7054-5100-00 STATE CONTROLLER'S OFFICE FY 25/26 Annual Street Report Prep 05/04/2026 78941 3,580.92 VendorSubtotal: 3,580.92
100-7054-5100-01 QUINTO CONSULTING LP City Treasurer Svcs - Feb & Mar'26 05/04/2026 78936 4,400.00 000003670 100-7054-5100-01 QUINTO CONSULTING LP City Treasurer Bank Recs - Aug'25 to 05/04/2026 78936 800.00 000003670 Vendor Subtotal: 5,200.00
100-7054-5210-00 State of California PR Taxes Unemployment Exp-Oct-Dec'25 Credi 05/12/2026 0 -0.80 AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 10 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: -0.80
100-7054-5300-00 SPRINGBROOK HOLDING COMF PM Module - Mar '26 05/12/2026 79043 300.00 000004311 Vendor Subtotal: 300.00
100-7054-5330-00 GOVERNMENT FINANCE OFFIC: FY 26/27 GFOA Malibu - Annual 05/04/2026 78954 500.00 Vendor Subtotal: 500.00
100-7054-5401-00 13 STARS MEDIA Legal Notice - FY 26/27 Fee Schedule 05/12/2026 78984 116.28 Vendor Subtotal: 116.28
100-7054-6160-00 STAPLES CONTRACT & COMME Office Supplies - Finance 05/12/2026 79005 123.92 100-7054-6160-00 STAPLES CONTRACT & COMME Office Supplies - Finance 05/12/2026 79005 40.67 Vendor Subtotal: 164.59
100-7058-5107-00 APPLEONE Temp Staff - S. Butler 4/4/26 05/04/2026 78947 1,217.28 100-7058-5107-00 APPLEONE Temp Staff-S. Butler 4/11/26 05/12/2026 78988 1,578.39 100-7058-5107-00 APPLEONE Temp Staff-S. Butler 4/25/26 05/12/2026 79085 1,217.28 VendorSubtotal: 4,012.95
100-7058-5320-00 MUNICIPAL RESOURCE GROUP HR Support Svcs - Mar'26 05/12/2026 78980 10,000.00 000004158 Vendor Subtotal: 10,000.00
100-7058-5330-00 MALIBU PACIFIC PALISADES CI Flagship Sponsorship - MEIP 05/04/2026 78962 5,000.00 100-7058-5330-00 MALIBU PACIFIC PALISADES CI Flagship Sponsorship - MEIP 05/04/2026 78962 5,000.00 VendorSubtotal: 10,000.00
100-7059-4201-00 Ca1PERSRetirement PR07.05.2026PERS ERShare-Round 05/12/2026 0 -0.01 100-7059-4201-00 Ca1PERS Retirement PR 07.05.2026 PEPRA ER Contributh 05/12/2026 0 0.01 AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 11 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 0.00
100-7059-5205-00 QUADIENT FINANCE USA INC Postage Meter - Mar'26 05/04/2026 78935 400.00 Vendor Subtotal: 400.00
100-7059-5210-00 PUBLIC AGENCY RETIREMENT PARS Admin Fee - Dec'25 05/12/2026 78981 321.69 100-7059-5210-00 PUBLIC AGENCY RETIREMENT PARS Admin Fee - Jan'26 05/12/2026 78981 326.93 100-7059-5210-00 PUBLIC AGENCY RETIREMENT PARS Admin Fee - Feb'26 05/12/2026 78981 333.41 Vendor Subtotal: 982.03
100-7059-5640-00 EXCEL OFFICE SERVICES Copier Maint 3/17 - 4/16/26 05/12/2026 78992 971.17 Vendor Subtotal: 971.17
100-7059-5721-00 FRONTIER CALIFORNIA INC Bluffs Park Wifi 4/17 - 5/16/26 05/12/2026 79086 149.49 100-7059-5721-00 FRONTIER CALIFORNIA INC Bluffs Park 2nd Wifi - Apr'26 05/12/2026 78993 218.03 100-7059-5721-00 FRONTIER CALIFORNIA INC City Hall Facility - Apr'26 05/12/2026 78993 294.98 Vendor Subtotal: 662.50
100-7059-5721-00 GRANITE TELECOMMUNICATIC Elevator, Alarm, Voice Lines - Mar '2f 05/12/2026 78977 926.91 100-7059-5721-00 GRANITE TELECOMMUNICATIC Elevator, Alarm, Voice Lines - Apr'26 05/12/2026 78977 370.72 Vendor Subtotal: 1,297.63
100-7059-5721-00 NEXTIVA INC City Hall Phone Svcs 4/18 - 5/17/26 05/12/2026 79000 5,855.48 Vendor Subtotal: 5,855.48
100-7059-5721-00 T-MOBILE USA INC Phones/Tablets - Fire Safety 2/21- 3/2 05/04/2026 78968 1,462.27 100-7059-5721-00 T-MOBILE USA INC Phones/Tablets 3/21 - 4/20/26 05/12/2026 79091 1,538.29 Vendor Subtotal: 3,000.56
100-7059-5721-00 VERIZON WIRELESS SERVICES] Cell Phone Svc 3/24 - 4/23/26 05/12/2026 79093 5,739.83 AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 12 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 5,739.83
100-7059-5800-00 US BANK NATIONALASSOCIAT] Toshiba Leases 3/15 - 4/15/26 05/04/2026 78969 4,028.22 100-7059-5800-00 US 13ANK NATIONALASSOCIAT] Toshiba Leases 4/15 - 5/15/26 05/12/2026 79092 3,543.29 VendorSubtotal: 7,571.51
100-7059-5800-00 XEROX CORPORATION Xerox Lease - PDFK17 - Oct '25 05/12/2026 79009 80.85 100-7059-5800-00 XEROX CORPORATION Xerox Lease - PDFK17 - Nov'25 05/12/2026 79009 80.85 100-7059-5800-00 XEROX CORPORATION Xerox Lease - PDFK17 - Dec '25 05/12/2026 79009 80.85 100-7059-5800-00 XEROX CORPORATION Xerox Lease - PDFK17 - Jan'26 05/12/2026 79009 80.85 100-7059-5800-00 XEROX CORPORATION Xerox Lease - PDFK17 - Feb '26 05/12/2026 79009 80.85 100-7059-5800-00 XEROX CORPORATION Xerox Lease - PDFK17 - Mar'26 05/12/2026 79009 80.85 Vendor Subtotal: 485.10
100-7059-5921-00 SANTA MONICA - MALIBU UNIF FY 25/26 Joint Use Agreement SMMI 05/12/2026 79076 364,213.64 000004706 Vendor Subtotal: 364,213.64
100-7059-6160-00 EARTH PRINT INC Business Cards - City Staff 05/04/2026 78951 154.26 000004679 100-7059-6160-00 EARTH PRINT INC Business Cards - City Staff 05/04/2026 78951 127.31 000004679 100-7059-6160-00 EARTH PRINT INC Business Cards - City Staff 05/04/2026 78951 205.40 000004679 100-7059-6160-00 EARTH PRINT INC City Logo Window Envelopes 05/12/2026 78991 343.52 000004679 Vendor Subtotal: 830.49
Subtotal for Section 1: 100 2,314,080.75
101-0000-3408-00 SHAWN STERN Ref- Bio Fees APR 25-056 05/12/2026 79006 860.00 Vendor Subtotal: 860.00
101-0000-3410-01 KYLE RAINER Ref- Plan Check Fees IPC 26-0083 05/12/2026 79001 53.75 Vendor Subtotal: 53.75
101-0000-3411-00 KYLE RAINER Ref- Plan Check Fees IPC 26-0083 05/12/2026 79001 322.50 AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 13 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 322.50
101-0000-3419-00 KYLE RAINER Ref - Plan Check Fees IPC 26-0083 05/12/2026 79001 11.21 Vendor Subtotal: 11.21
101-0000-3419-00 SHAWN STERN Ref-Bin Fees APR 25-056 05/12/2026 79006 24.94 Vendor Subtotal: 24.94
101-0000-3425-00 CA BUILDING STANDARDS CON Building Standards Admin Fee - QI 2( 05/12/2026 78973 1,949.40 VendorSubtotal: 1,949.40
101-2001-5100-00 4LEAF INC Planning Svcs - Mar'26 05/12/2026 78972 17,680.00 000004387 Vendor Subtotal: 17,680.00
101-2001-5100-00 LORRIE FEINBERG DB Updates - Planning - Mar'26 05/04/2026 78931 3,720.63 000004147 101-2001-5100-00 LORRIE FEINBERG DB Updates - Planning - Apr'26 05/12/2026 79018 3,037.50 000004147 Vendor Subtotal: 6,758.13
101-2001-5210-00 LA COUNTY REGISTRAR-RECOR CEQA Filing -29960 Harvester Rd - I 05/04/2026 78958 25.00 101-2001-5210-00 LA COUNTY REGISTRAR-RECOR CEQA Filing - City Wide Project - CD 05/12/2026 78997 25.00 101-2001-5210-00 LA COUNTY REGISTRAR-RECOR CEQA Filing - 31205 Bailard Rd - DIv 05/12/2026 78999 25.00 101-2001-5210-00 LA COUNTY REGISTRAR-RECOR CEQA Filing - 7120 Grasswood Ave - 05/12/2026 78998 25.00 101-2001-5210-00 LA COUNTY REGISTRAR-RECOR CEQA Filing - 31255 Beach View Est: 05/12/2026 78996 25.00 Vendor Subtotal: 125.00
101-2001-5401-00 13 STARS MEDIA Ad - Wireless Facilities 4/16/26 05/12/2026 78984 268.00 101-2001-5401-00 13 STARS MEDIA Legal Notice - Public IIearing 4/16/26 05/12/2026 78984 137.70 Vendor Subtotal: 405.70
101-2001-5401-00 EARTH PRINT INC Public Notice Postcard Mailings 05/12/2026 78991 206.37 000004679 101-2001-5401-00 EARTH PRINT INC Public Notice Postcard Mailings 05/12/2026 78991 894.88 000004679 AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 14 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No 101-2001-5401-00 EARTH PRINT INC Public Notice Postcard Mailings 05/12/2026 78991 605.34 000004679 101-2001-5401-00 EARTH PRINT INC Public Notice Postcard Mailings 05/12/2026 78991 148.42 000004679 Vendor Subtotal: 1,855.01
101-2004-5100-00 COTTON SHIRES & ASSOCIATES EH Counter Hrs - Mar'26 05/04/2026 78949 51,510.75 000004314 101-2004-5100-00 COTTON SHIRES & ASSOCIATES Coastal Engr Reviews - Mar'26 05/04/2026 78949 6,981.00 000004314 101-2004-5100-00 COTTON SHIRES & ASSOCIATES Planning Svcs - Feb'26 05/04/2026 78949 3,724.50 000004314 101-2004-5100-00 COTTON SHIRES & ASSOCIATES Geo/Coastal Engr Counter Hrs - Mar': 05/04/2026 78949 68,306.38 000004314 101-2004-5100-00 COTTON SFIIRES & ASSOCIATES Planning Svcs - Mar'26 05/04/2026 78949 1,528.00 000004314 101-2004-5100-00 COTTON SFIIRES & ASSOCIATES Geotech Reviews - Mar'26 05/04/2026 78949 36,068.75 000004314 Vendor Subtotal: 168,119.38
101-2004-5100-00 LORRIE FEINBERG DB Updates - Building Safety - Mar '2 05/04/2026 78931 5,981.87 000004147 101-2004-5100-00 LORRIE FEINBERG DB Updates - Building Safety - Apr '2 05/12/2026 79018 4,353.75 000004147 Vendor Subtotal: 10,335.62
101-2004-5100-00 KIMLEY-HORN AND ASSOC INC Dark Sky Program - Feb '26 05/12/2026 79038 1,105.00 000004338 Vendor Subtotal: 1,105.00
101-2004-5100-00 TRUE NORTH COMPLIANCE SEI Plan Check - Mar'26 05/12/2026 79046 64,977.21 000004319 101-2004-5100-00 TRUE, NORTH COMPLIANCE SEI In IIouse Plan Check Engr - Mar'26 05/12/2026 79046 6,370.00 000004319 Vendor Subtotal: 71,347.21
101-2004-5100-00 BUREAU VERITAS NORfH AMEI Bldg Permit Tech - Mar'26 05/12/2026 78983 29,754.00 000004398 101-2004-5100-00 BUREAU VERITAS NORTHAME] Bldg Inspector - Mar'26 05/12/2026 78983 25,837.50 000004398 101-2004-5100-00 BUREAU VERITAS NORTH AME] Plan Check - Mar'26 05/12/2026 78983 1,677.01 000004398 101-2004-5100-00 BUREAU VERITAS NORTI-I AME] Onsite Plans Examiner - Mar'26 05/12/2026 78983 16,705.00 000004398 Vendor Subtotal: 73,973.51
101-2004-5107-00 APPLEONE CDD Recruitment Fee - G. Medrano 05/04/2026 78947 5,200.00 101-2004-5107-00 APPLEONE Temp Staff- G. Medrano 4/4/26 05/04/2026 78947 1,521.60 VendorSubtotal: 6,721.60
AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 15 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No 101-2010-5100-00 COTTON SHIRES & ASSOCIATES EH Reviews - Mar'26 05/04/2026 78949 20,068.00 000004314 Vendor Subtotal: 20,068.00
101-2010-5100-00 LORRIE FEINBERG DB Updates - Wastewater (EH) - Mar 05/04/2026 78931 405.00 000004147 Vendor Subtotal: 405.00
101-3003-5100-00 RINCON CONSULTANTS INC On-Call Environmental Svcs - Mar'26 05/04/2026 78937 25,203.75 000004337 101-3003-5100-00 RINCON CONSULTANTS INC On-Call Environmental Svcs T5 - Mar 05/04/2026 78937 57,219.00 000004337 Vendor Subtotal: 82,422.75
101-3003-5100-00 TETRA TECH INC Malibu Creek Trash TMRP 2/21 - 3/21 05/12/2026 79022 3,537.43 000003028 Vendor Subtotal: 3,537.43
101-3003-5100-02 TETRA TECII INC CIMP Monitoring 2/21- 3/27/26 05/12/2026 79022 82,496.26 000003028 Vendor Subtotal: 82,496.26
Subtotal for Section 1: 101 550,577.40
102-3002-5100-00 LORRIE FEINBERG DB Updates - Woolsey Fire - Apr'26 05/12/2026 79018 236.25 000004147 Vendor Subtotal: 236.25
102-3002-5100-02 4LEAF INC WF Planning Svcs - Mar'26 05/12/2026 78972 23,117.50 000004387 Vendor Subtotal: 23,117.50
102-3002-5100-03 COTTON SHIRES & ASSOCIATES WF Geo Counter I-Irs - Mar'26 05/04/2026 78949 10,033.00 000003347 102-3002-5100-03 COTTON SHIRES & ASSOCIATES WF EH Reviews - Mar'26 05/04/2026 78949 3,287.00 000003347 102-3002-5100-03 COTTON SI-IIRES & ASSOCIATES WF Geotech Reviews - Mar'26 05/04/2026 78949 4,490.50 000003347 Vendor Subtotal: 17,810.50
102-3002-5100-03 TRUE NOR'T'H COMPLIANCE SEL WF Plan Check - Mar'26 05/12/2026 79046 6,329.94 000004319 AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 16 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date CheckNo Amount PO No Vendor Subtotal: -
6,329.94
102-3002-5100-04 LEMOINE SERVICES HOLDINGS Task 3: Woolsey Fire FEMA PA- Mar 05/12/2026 78975 3,690.00 000004689 Vendor Subtotal: 3,690.00
102-3102-5100-00 BEST BEST & KRIEGER LLP Fire Disaster Response - Feb'26 05/12/2026 79012 1,944.80 000004588 Vendor Subtotal: 1,944.80
102-3102-5100-00 TRIPEPI SMITI-I & ASSOCIAI'ES Palisades Fire Communication Svcs -. 05/12/2026 79025 2,105.00 000004457 Vendor Subtotal: 2,105.00
102-3102-5100-00 ULTIMATE MAINTENANCE SERI Rebuild Ctr Janitorial Svcs - Apr'26 05/04/2026 78970 1,900.00 000004465 102-3102-5100-00 ULTIMATE MAINTENANCE SERI Rebuild Ctr Janitorial Svcs - Mar'26 05/04/2026 78970 1,900.00 000004465 102-3102-5100-00 ULTIMATE MAINTENANCE SERI Rebuild Ctr Janitorial Svcs - May'26 05/12/2026 79026 1,900.00 000004465 Vendor Subtotal: 5,700.00
102-3102-5100-02 COURTNEY JEAN MCCAMMON PF Biology Reviews - Jan'26 05/12/2026 78974 660.00 000004702 102-3102-5100-02 COURTNEY JEAN MCCAMMON PF Biology Reviews - Mar'26 05/12/2026 78974 1,320.00 000004702 102-3102-5100-02 COURTNEY JEAN MCCAMMON PF Biology Reviews - Feb'26 05/12/2026 78974 1,320.00 000004702 102-3102-5100-02 COURTNEY JEAN MCCAMMON PF Biology Reviews - Dec'25 05/12/2026 78974 990.00 000004702 Vendor Subtotal: 4,290.00
102-3102-5100-02 LISA WISE CONSULTING INC Recovery EfortsPlanning Support - I 05/04/2026 78932 11,577.50 000004692 102-3102-5100-02 LISA WISE CONSULTING INC Recovery Efforts Planning Support - J. 05/04/2026 78932 4,181.75 000004692 Vendor Subtotal: 15,759.25
102-3102-5100-02 MICHAEL BAKER INTERNATIOr Recovery Contract Planning - Feb'26 05/12/2026 79042 21,600.00 000004707 102-3102-5100-02 MICHAEL BAKER INTERNATIO1` Recovery Contract Planning - Jan'26 05/12/2026 79042 20,441.70 000004707 102-3102-5100-02 MICHAEL BAKER INTERNATIOr Recovery Contract Planninp - Mar'26 05/12/2026 79042 22,680.00 000004707 102-3102-5100-02 MICHAEL BAKER INTERNAI'IO1' Recovery Contract Planning - Dec'25 05/12/2026 79042 20,587.50 000004707 102-3102-5100-02 MICI-IAEL BAKER INTERNAI'IOD Fire Rebuild Contract Planning 11/1 - 05/12/2026 79042 12,960.00 000004520 AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 17 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 98,269.20
102-3102-5100-04 BURNS PACIFIC CONSTRUCTIOI Task 4: Palisades Fire - Sidewalk Rep2 05/04/2026 78922 112,285.01 000004401 102-3102-5100-04 BURNS PACIFIC CONSTRUCTIOI Task 4: Palisades Fire - Gutter Repairs 05/04/2026 78922 28,746.38 000004401 102-3102-5100-04 BURNS PACIFIC CONSTRUCTIOI Task 4: Palisades Fire Emerg Repairs - 05/12/2026 79013 8,331.30 000004401 102-3102-5100-04 BURNS PACIFIC CONSTRUCTIOI Task 4: Emerg Protective Measures -8 05/12/2026 79013 5,099.10 000004401 102-3102-5100-04 BURNS PACIFIC CONSTRUCTIOI Task 4: Emerg Protective Measures -8 05/12/2026 79013 5,099.10 000004401 102-3102-5100-04 BURNS PACIFIC CONSTRUCTIOI Task 4: Palisades Fire Emerg Repairs - 05/12/2026 79013 7,701.00 000004401 102-3102-5100-04 BURNS PACIFIC CONSTRUCTIOI Task 4: Palisades Fire Emerg Repairs - 05/12/2026 79013 3,502.73 000004401 102-3102-5100-04 BURNS PACIFIC CONSTRUCTIOI Task 4: Palisades Fire Emerg Repairs - 05/12/2026 79013 734.04 000004401 Vendor Subtotal: 171,498.66
102-3102-5100-04 LEMOINE SERVICES HOLDINGS Task 4: HMGP Palisades Fire - Mar '2 05/12/2026 78975 445.00 000004689 102-3102-5100-04 LEMOINE SERVICES HOLDINGS Task 5: HMGP Code Enf- Mar'26 05/12/2026 78975 19,539.00 000004689 102-3102-5100-04 LEMOINE SERVICES IIOLDINGS Task 2: PEMA PA Support - Mar'26 05/12/2026 78975 5,145.75 000004689 Vendor Subtotal: 25,129.75
102-3102-5100-04 INFINITY TECIINOLOGIES Palisades Fire - GIS Svcs - Mar'26 05/12/2026 79017 230.00 000004462 Vendor Subtotal: 230.00
102-3102-5100-04 MNS ENGINEERS INC PW Recovery Support 3/30 - 4/26/26 05/12/2026 79021 246.75 000004459 Vendor Subtotal: 246.75
102-3102-5100-04 YEH AND ASSOCIATES INC Palisades Fire Calle del Barco AD 98-: 05/12/2026 79028 115.00 000003612 102-3102-5100-04 YEII AND ASSOCIAI'ES INC Palisades Fire Big Rock Mesa AD 98- 05/12/2026 79028 27,193.91 000003612 Vendor Subtotal: 27,308.91
102-3102-5610-00 ACME VALLEY SECURITY SERV Rebuild Ctr - Alarm Monitoring - Apr. 05/12/2026 78986 178.50 Vendor Subtotal: 178.50
102-3102-5640-00 XEROX CORPORATION Rebuild Ctr - Meter Read C8255I-I2 3/ 05/12/2026 79027 106.20 AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 18 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 106.20
102-3102-5710-00 WAVE ENTERPRISES INC Rebuild Ctr Rent - Jun'26 05/12/2026 79047 15,711.98 000004447 Vendor Subtotal: 15,711.98
102-9207-5100-00 TOM MALLOY CORPORATION Temp Shoring Plates - Latigo Cyn 2/2t 05/04/2026 78942 1,848.00 102-9207-5100-00 TOM MALLOY CORPORATION Temp Shoring Plates - Latigo Cyn 3/2t 05/12/2026 79024 1,848.00 Vendor Subtotal: 3,696.00
102-9225-5100-00 BURNS PACIFIC CONSTRUCTIOI Task 4: Emerg Protective Measures - 8 05/04/2026 78922 5,099.10 000004401 102-9225-5100-00 BURNS PACIFIC CONSTRUCTIOI Task 4: Emerg Protective Measures -1< 05/04/2026 78922 5,099.10 000004401 102-9225-5100-00 BURNS PACIFIC CONSTRUCTIOI Task 4: Emerg Protective Measures - I' 05/04/2026 78922 5,099.10 000004401 Vendor Subtotal: 15,297.30
Subtotalfor Section1: 102 438,656.49
103-9050-5100-00 MASTER COOLING CORPORATII City IIall HVAC Monthly Maint - Apr 05/04/2026 78960 2,033.80 000004118 Vendor Subtotal: 2,033.80
103-9050-5100-00 ULTIMATE MAINTENANCE SERA City I-Iall Janitorial Svcs - Mar'26 05/04/2026 78970 4,350.00 000004018 103-9050-5100-00 ULTIMATE MAINTENANCE SERI City IIall Janitorial Svcs - Apr'26 05/12/2026 79007 4,450.00 000004018 Vendor Subtotal: 8,800.00
103-9050-5610-00 BEAR CONTRACTORS INC Alarm Monitoring - Apr to Jun'26 05/04/2026 78948 255.00 Vendor Subtotal: 255.00
103-9050-5610-00 MASTER COOLING CORPORATI' City IIall Water Treatment - Apr'26 05/04/2026 78960 517.00 Vendor Subtotal: 517.00
103-9050-5610-00 ULTIMATE MAINTENANCE SERI City Hall Carpet Cleaning 4/18/26 05/12/2026 79007 7,950.00 AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 19 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 7,950.00
103-9050-5721-00 FRONTIER CALIFORNIAINC City I-Iall Septic/Fire Lines - Apr'26 05/12/2026 78993 354.66 103-9050-5721-00 FRONTIER CALIFORNIA INC City Flail Elevator 4/2 - 5/1/26 Case#0 05/12/2026 79086 99.17 103-9050-5721-00 FRONTIER CALIFORNIA INC FINAL - City Hall Elevator 5/2 - 6/1/2 05/12/2026 79086 159.23 Vendor Subtotal: 613.06
103-9050-5723-00 LA CO MALIBU TREASURER-W? Water - Fireline City Hall 1/6-3/9/26 A 05/04/2026 78959 851.21 103-9050-5723-00 LA CO MALIBU TREASURER-WI Water - City Hall 1/6-3/9/26 Acct#291 05/04/2026 78959 1,282.72 VendorSubtotal: 2,133.93
103-9050-5725-00 GI INDUSTRIES Garbage - City Hall Green Waste - Ap 05/04/2026 78955 74.57 Vendor Subtotal: 74.57
103-9050-6160-00 AAA PROPANE SERVICES INC City Hall Propane 05/04/2026 78945 1,052.45 103-9050-6160-00 AAA PROPANE SERVICES INC City Hall Propane 05/04/2026 78945 250.25 103-9050-6160-00 AAA PROPANE SERVICES INC City Hall Propane 05/12/2026 79083 19.54 Vendor Subtotal: 1,322.24
103-9050-6160-00 ANAWALT LUMBER CO INC City Hall - Mouse Traps 05/04/2026 78946 8.80 Vendor Subtotal: 8.80
103-9050-6160-00 HD SUPPLY INC City Hall - Janitorial Supplies 05/12/2026 78995 238.47 103-9050-6160-00 HD SUPPLY INC City Hall - Janitorial Supplies 05/12/2026 78995 99.79 103-9050-6160-00 HD SUPPLY INC City Hall - Janitorial Supplies 05/12/2026 78995 188.03 103-9050-6160-00 I-ID SUPPLY INC City IIall - Janitorial Supplies 05/12/2026 79087 148.18 Vendor Subtotal: 674.47
103-9050-6160-00 REGENCY ENTERPRISES INC City Hall - Lamps 05/04/2026 78965 184.42 Vendor Subtotal: 184.42
AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 20 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No 103-9050-7300-00 BURNS PACIFIC CONSTRUCTIO] City Hall - File Room Material Dispos 05/04/2026 78922 1,299.30 Vendor Subtotal: 1,299.30
103-9050-7300-00 PAUL JOSEPI-I CROTEAU File Room Renovation - Final 50% Ins 05/04/2026 78952 3,990.00 VendorSubtotal: 3,990.00
103-9050-7300-00 BOB HARTS ELECTRIC INC City IIall - CM GFI Upgrade 05/04/2026 78956 712.99 103-9050-7300-00 BOB IIARTS ELECTRIC INC City Hall - MASD File Room Electric; 05/12/2026 78994 413.84 Vendor Subtotal: 1,126.83
103-9050-7300-00 WINK ROBERTS City I-Iall - MASD File Room Paint S 05/04/2026 78961 1,513.16 Vendor Subtotal: 1,513.16
103-9050-7300-00 PROFESSIONAL DIVERSIFIED Fl MASD File Room Carpet 05/12/2026 79088 3,712.61 Vendor Subtotal: 3,712.61
Subtotal for Section 1: 103 36,209.19
105-9088-5100-00 FREDERICK FISHER & PARI'NEII Community Lands Ioki Lot - Mar'26 05/04/2026 78929 30,620.00 000004656 105-9088-5100-00 FREDERICK FISIIER & PARTNER Community Lands Heathercliff- Mar' 05/04/2026 78929 2,000.50 000004656 Vendor Subtotal: 32,620.50
105-9088-5100-00 TRIPEPI SMITH & ASSOCIAI'ES Community Lands Outreach 4/30/26 05/12/2026 79025 640.00 000004209 Vendor Subtotal: 640.00
Subtotal for Section 1: 105 33,260.50
207-3004-5401-00 13 STARS MEDIA Ad - HHW/E-WasteEvent 4/9/26 05/12/2026 78984 268.00 Vendor Subtotal: 268.00
AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 21 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No 207-3004-5850-00 CA DEPT OF RESOURCES RECY( Reimb - FY 23/24 Cal Recycle Grant 1 05/12/2026 79014 343.40 Vendor Subtotal: 343.40
207-3004-5850-00 PLANCK LLC SB 1383 Grant - Enviro Program Ads 05/04/2026 78963 5,000.00 Vendor Subtotal: 5,000.00
207-3004-6160-00 ANDY GUMP INC Enviro Event Toilet 4/17 - 4/20/26 05/12/2026 79029 114.98 Vendor Subtotal: 114.98
Subtotal for Section 1: 207 5,726.38
211-7021-5115-00 LA CO SHERIFF'S DEPARTMENT Sheriffs Svcs - Brulte - Mar'26 05/12/2026 79040 3,977.01 000004586 Vendor Subtotal: 3,977.01
Subtotal for Section 1:211 3,977.01
215-7070-5931-01 MALIBU COMMUNITY LABOR F CDBG Day Labor Exchange - Feb'26 05/04/2026 78933 663.00 000004614 Vendor Subtotal: 663.00
215-7070-7800-00 WILLIAMS SCOTSMAN INC MCLE Restroom Trailer - Tank 4/14 - 05/04/2026 78943 1,036.35 215-7070-7800-00 WILLIAMS SCOTSMAN INC MCLE Restroom Trailer - Toilet 4/15 05/04/2026 78943 8,522.51 215-7070-7800-00 WILLIAMS SCOTSMAN INC Temp Office Trailer 4/28 - 5/27/26 05/12/2026 79048 2,844.04 VendorSubtotal: 12,402.90
Subtotalfor Section1: 215 13,065.90
290-6002-5100-00 YEH AND ASSOCIATES INC Big Rock Mesa AD 98-1 Monitor/Mai 05/12/2026 79028 6,959.75 000003612 Vendor Subtotal: 6,959.75
290-6002-7903-00 YEH AND ASSOCIATES INC Big Rock Mesa AD 98-1 Cap Improve 05/12/2026 79028 1,118.00 000003612 AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 22 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal:

Subtotal for Section 1: 290
291-6003-5100-00 YEH AND ASSOCIATES INC Malibu Rd AD 98-3 Monitor/Maint -] 05/12/2026 79028 Vendor Subtotal:

Subtotal for Section 1: 291
292-6004-5100-00 YEH AND ASSOCIATES INC Calle del Barco Al) 98-2 Monitor/Mai 05/12/2026 79028 Vendor Subtotal:

Subtotal for Section 1: 292
310-9066-5100-00 KIMLEY-HORN AND ASSOC INC PCH Signal Sync - Through 2/28/26 05/12/2026 79019 Vendor Subtotal:
310-9066-5100-00 SOUTHERN CALIFORNIA EDISO 22960 1/4 PCH 3/20 - 4/20/26 05/12/2026 79090 310-9066-5100-00 SOUTHERN CALIFORNIA EDISO 21825 1/4 PCII 3/18 - 4/16/26 05/12/2026 79090 310-9066-5100-00 SOUTHERN CALIFORNIA EDISO 19455 1/4 PCH 3/17 - 4/15/26 05/12/2026 79090 310-9066-5100-00 SOUTIIERN CALIFORNIA EDISO 23707 1/4 PCH 3/19 - 4/19/26 05/12/2026 79090 310-9066-5100-00 SOUTI-IERN CALIFORNIA EDISO 24251 1/4 PCH 3/19 - 4/19/26 05/12/2026 79090 310-9066-5100-00 SOUTHERN CALIFORNIA EDISO 24258 1/4 PCH 3/19 - 4/19/26 05/12/2026 79090 Vendor Subtotal:
310-9090-5100-00 EARTHCAM INC 89290 - Skate Park Camera Software 5 05/12/2026 79032 310-9090-5100-00 EARTI-ICAM INC 89290- Skate Park Camera Rental 5/1 05/12/2026 79032 Vendor Subtotal:
310-9090-5100-00 FILIPPIN ENGINEERING INC Reissue Ck 77595 - Task 1: Permanent 05/12/2026 79016 310-9090-5100-00 FILIPPIN ENGINEERING INC Task 1: Permanent Skate Park - Throu1 05/12/2026 78976 310-9090-5100-00 FILIPPIN ENGINEERING INC Task 1: Permanent Skate Park - Throu; 05/12/2026 78976 1,118.00
8,077.75
1,342.25 000003612
1,342.25
1,342.25
2,549.28 000003612
2,549.28
2,549.28
19,739.00 000003068
19,739.00

12.45 2.00

3.10 66.11

18.18 9.97
111.81
550.00
282.75
832.75
41,567.50 000004488
51,919.18 000004488
27,916.25 000004488
AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 23 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 121,402.93
310-9100-5100-00 CHEN RYAN ASSOCIATES INC PCH Right Turn Lane at Trancas - Feb 05/04/2026 78950 2,336.75 000003915 Vendor Subtotal: 2,336.75
310-9101-5100-00 KIMLEY-HORN AND ASSOC INC PCH Crosswalk at Big Rock - Througl 05/12/2026 79038 3,862.50 000004631 Vendor Subtotal: 3,862.50
Subtotal for Section 1: 310 148,285.74
500-7008-7300-00 FELSEN GROUP INC Animal Hospital Roof Repair 11/10/25 05/04/2026 78928 97,960.20 000004700 Vendor Subtotal: 97,960.20
Subtotalfor Section1: 500 97,960.20
515-3010-5210-00 SOUTH COAST AQMD AQMD Renewal Fees - FacID 181179 05/04/2026 78939 565.63 515-3010-5210-00 SOUTH COAST AQMD AQMD Emissions Fees - FacID 1811'i 05/04/2026 78939 170.94 515-3010-5210-00 SOUTH COAST AQMD AQMD Renewal Fees - FacID 181174 05/04/2026 78939 2,591.55 515-3010-5210-00 SOUTH COAST AQMD AQMD Emissions Fees - FacID 18113 05/04/2026 78939 170.94 515-3010-5210-00 SOUTH COAS'1' AQMD AQMD Emissions Fees - FacID 18113 05/04/2026 78939 170.94 515-3010-5210-00 SOUTH COAST AQMD AQMD Renewal Fees - FacID 181178 05/04/2026 78939 6,643.39 Vendor Subtotal: 10,313.39
515-3010-5611-00 INTEGRATED PERFORMANCE C Operation, Maint, and Mgmt - CCWV 05/04/2026 78957 96,338.25 000003456 515-3010-5611-00 INTEGRATED PERFORMANCE C Operation, Maint, and Mgmt- CCWw 05/04/2026 78957 96,338.25 000003456 Vendor Subtotal: 192,676.50
515-3010-5640-00 INTEGRATED PERFORMANCE C Equipment Maint - CCWWTF - Feb '2 05/04/2026 78957 1,110.57 000003456 515-3010-5640-00 INTEGRATED PERFORMANCE C Equipment Maint- CCWWTF - Mar': 05/04/2026 78957 4,747.33 000003456 515-3010-5640-00 INTEGRATED PERFORMANCE C Equipment Maint - CCWWTF - Mar': 05/04/2026 78957 5,333.60 000003456 Vendor Subtotal: 11,191.50
AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 24 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No 515-3010-5656-00 RINCON CONSULTANTS INC CCWTF Water Quality Monitoring - l 05/04/2026 78937 9,100.90 000004135 Vendor Subtotal: 9,100.90
515-3010-5721-00 FRONTIER CALIFORNIA INC Phone - CCWTF 3/8 - 4/7/26 05/04/2026 78953 429.44 515-3010-5721-00 FRONTIER CALIFORNIA INC Phone - CCWTF 3/4 - 4/3/26 05/04/2026 78953 181.15 Vendor Subtotal: 610.59
515-3010-5723-00 LA CO MALIBU TREASURER-WI Water - CCWTF 1/6-3/9/26 Acct#291: 05/04/2026 78959 560.30 515-3010-5723-00 LA CO MALIBU TREASURER-WI Late Fee - CCWTF 1/6-3/9/26 Acct#2 05/04/2026 78959 10.00 Vendor Subtotal: 570.30
515-3010-5724-00 SOU1'I-IERN CALIFORNIA GAS C CCWTF Gas 3/5 - 4/3/26 05/12/2026 79003 15.15 Vendor Subtotal: 15.15
515-3010-5725-00 GI INDUSTRIES Garbage - CCWTF - Apr'26 05/04/2026 78955 243.23 Vendor Subtotal: 243.23
515-3010-5725-01 INTEGRATED PERFORMANCE C Biosolids Disposal - CCWWTF - Feb' 05/04/2026 78957 6,850.00 000003456 515-3010-5725-01 INTEGRATED PERFORMANCE C Biosolids Disposal - CCWWTF - Mar 05/04/2026 78957 7,250.00 000003456 Vendor Subtotal: 14,100.00
515-3010-6160-00 INTEGRATED PERFORMANCE C Operating Supplies - CCWWTF - Mar 05/04/2026 78957 578.38 000003456 515-3010-6160-00 INTEGRATED PERFORMANCE C Operating Supplies - CCWWTF - Feb 05/04/2026 78957 55.11 000003456 Vendor Subtotal: 633.49
515-3010-6161-00 INTEGRATED PERFORMANCE C Chemical Supplies - CCWWTF - Feb' 05/04/2026 78957 1,752.98 000003456 Vendor Subtotal: 1,752.98
Subtotal for Section 1: 515 241,208.03
AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 25 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No 601-3005-5610-00 CI-IARGEPOINT INC EV Charging Station - Civic Ctr 4/30/: 05/04/2026 78924 2,370.00 Vendor Subtotal: 2,370.00
601-3005-6500-00 WRIGHT EXPRESS PSC WEX BAP Gas Receipts 3/24 - 4/23/26 05/04/2026 78923 1,816.68 Vendor Subtotal: 1,816.68
Subtotal for Section 1: 601 4,186.68
602-7060-5100-00 KONICA MINOLTA BUSINESS SC City Clerk - Power Automate Addition 05/12/2026 78978 6,250.00 VendorSubtotal: 6,250.00
602-7060-5721-00 FRONTIER CALIFORNIA INC Media Broadcast 4/14 - 5/13/26 05/12/2026 78993 1,000.00 602-7060-5721-00 FRONTIER CALIFORNIA INC Fiber Optics Svcs 4/15 - 5/14/26 05/12/2026 79086 810.00 Vendor Subtotal: 1,810.00
602-7060-5721-00 CI-IARTER COMMUNICATIONS E Public Network - Apr'26 Acct#26324 05/04/2026 78940 1,335.00 Vendor Subtotal: 1,335.00
602-7060-6120-00 PLEXENTIAL COLORADO CORP Server Colocation - Apr'26 05/12/2026 79008 3,494.22 Vendor Subtotal: 3,494.22
602-7060-7800-00 CI-IARI'ER COMMUNICATIONS :I City Hall Cameras - Mar'26 Acct#265 05/04/2026 78940 2,928.50 602-7060-7800-00 CHARTER COMMUNICATIONS .F City Hall Cameras - Apr'26 Acct#265 05/04/2026 78940 517.71 Vendor Subtotal: 3,446.21
Subtotalfor Section1: 602 16,335.43
710-0000-2270-38 DAMON PORTER Ref- Incorrect Project PC 25-007 05/04/2026 78964 795.12 Vendor Subtotal: 795.12
AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 26 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No 710-0000-2270-44 13 STARS MEDIA Ad - MLSS LEONARD, DION 1/29/2 05/12/2026 78984 268.00 Vendor Subtotal: 268.00
710-0000-2270-44 ANN BUXIE MLSS - Vibrant Cycles Poetry 5/16/2E 05/12/2026 79052 100.00 Vendor Subtotal: 100.00
710-0000-2270-44 CHARLOTTE ANNE WARD MLSS - Vibrant Cycles Poetry 5/16/2t 05/12/2026 79055 300.00 Vendor Subtotal: 300.00
710-0000-2270-44 JULIE DANIELS MLSS - Vibrant Cycles Poetry 5/16/2t 05/12/2026 79056 100.00 Vendor Subtotal: 100.00
710-0000-2270-44 PATRICIADAVIS MLSS - Vibrant Cycles Poetry 5/16/2t 05/12/2026 79057 100.00 Vendor Subtotal: 100.00
710-0000-2270-44 ANGEL GABRIEL DIAZ MLSS - Vibrant Cycles Poetry 5/16/2f 05/12/2026 79058 100.00 Vendor Subtotal: 100.00
710-0000-2270-44 SUSIE DUFF MLSS - Vibrant Cycles Poetry 4/18/2t 05/12/2026 79059 2,600.00 VendorSubtotal: 2,600.00
710-0000-2270-44 PAMELA GOLDSMITH MLSS - Vibrant Cycles Poetry 5/16/2t 05/12/2026 79062 100.00 Vendor Subtotal: 100.00
710-0000-2270-44 TRACY KIVI'Z MLSS - Vibrant Cycles Poetry 5/16/2f 05/12/2026 79064 100.00 Vendor Subtotal: 100.00
710-0000-2270-44 RICARDO MEANS MLSS - Vibrant Cycles Poetry 5/16/2t 05/12/2026 79068 100.00 AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 27 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 100.00
710-0000-2270-44 DANIEL A MILLER MLSS - Vibrant Cycles Poetry 5/16/2f 05/12/2026 79070 100.00 Vendor Subtotal: 100.00
710-0000-2270-44 JOLYNN M FREED REGAN MLSS - Vibrant Cycles Poetry 5/16/2( 05/12/2026 79073 100.00 Vendor Subtotal: 100.00
710-0000-2270-44 JOHN STRULOEFF MLSS - Vibrant Cycles Poetry 5/16/2f 05/12/2026 79078 100.00 Vendor Subtotal: 100.00
710-0000-2270-44 WILLIAM STRULOEFF MLSS - Vibrant Cycles Poetry 5/16/2( 05/12/2026 79079 100.00 Vendor Subtotal: 100.00
Subtotal for Section 1:710 5,063.12
715-9049-5810-01 STATE WATER RESOURCES CON CCWTF - SRF Repymt D 1501033/Prc 05/12/2026 79045 263,254.65 Vendor Subtotal: 263,254.65
Subtotalfor Section1: 715 263,254.65
900-0000-2040-00 Ca1PERS Retirement PR Batch 70007.05.2026 PERS EESh: 05/12/2026 0 12,374.28 VendorSubtotal: 12,374.28
900-0000-2040-01 Ca1PERS Retirement PR Batch 70007.05.2026 PEPRA ER ( 05/12/2026 0 23,877.18 900-0000-2040-01 Ca1PERS Retirement PR Batch 70007.05.2026 PERS ERSh 05/12/2026 0 23,652.54 VendorSubtotal: 47,529.72
900-0000-2040-02 Ca1PERS Retirement PR Batch 70007.05.2026 PEPRA EE ( 05/12/2026 0 23,819.38 AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 28 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No Vendor Subtotal: 23,81.9.38
900-0000-2041-00 US BANK PR Batch 70007.05.2026 PARS - ER 05/12/2026 79094 193.92 900-0000-2041-00 US BANK PR Batch 70007.05.2026 PARS - EE S 05/12/2026 79094 924.81 Vendor Subtotal: 1,118.73
900-0000-2042-00 EMPOWER RETIREMENT LLC PR Batch 70007.05.2026 Roth-457 Re 05/12/2026 0 1,811.18 900-0000-2042-00 EMPOWER RETIREMENT LLC PR Batch 70007.05.2026 Roth-457 Re 05/12/2026 0 795.00 900-0000-2042-00 EMPOWER RETIREMENT LLC PR Batch 70007.05.2026 457 Retiremi 05/12/2026 0 2,207.98 900-0000-2042-00 EMPOWER RETIREMENT LLC PR Batch 70007.05.2026 457 Retiremi 05/12/2026 0 14,379.00 900-0000-2042-00 EMPOWER RETIREMENT LLC PR Batch 70007.05.2026 457 Retiremu 05/12/2026 0 3,700.00 VendorSubtotal: 22,893.16
900-0000-2042-01 EMPOWER RETIREMENT LLC PR Batch 70007.05.2026 457 Loan Pn 05/12/2026 0 1,242.03 Vendor Subtotal: 1,242.03
900-0000-2043-00 EMPOWER RETIREMENT LLC PR Batch 70007.05.2026 401 Retiremi 05/12/2026 0 715.38 900-0000-2043-00 EMPOWER RETIREMENT LLC PR Batch 70007.05.2026 401 Retiremi 05/12/2026 0 750.00 Vendor Subtotal: 1,465.38
900-0000-2050-00 Federal Taxes from PR PR Batch 70007.05.2026 Federal Inco 05/12/2026 0 58,986.29 Vendor Subtotal: 58,986.29
900-0000-2051-00 State of California PR Taxes PR Batch 70007.05.2026 State Income 05/12/2026 0 24,254.45 Vendor Subtotal: 24,254.45
900-0000-2053-00 Federal Taxes from PR PR Batch 70007.05.2026 Medicare EE 05/12/2026 0 7,034.79 900-0000-2053-00 Federal Taxes from PR PR Batch 70007.05.2026 Medicare ER 05/12/2026 0 7,034.79 Vendor Subtotal: 14,069.58
AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 29 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174 Account Number Vendor Description GL Date Check No Amount PO No Subtotal for Section 1: 900 207,753.00
Report Total: 4,391,569.75
Report Total: 4,391,569.75
Less Clearing House Electronic AP Proof List 00001.05.2026 (211,488.47) Total Transactions by Account 4,180,081.28
AP-Transactions by Account (05/13/2026 - 8:55 AM) Page 30 Docusign Envelope ID: 2DC9063B-4D62-8B58-823A-734574145174

Page 1 of 1 ends

Agenda Item # 1.B.3.

Council Agenda Report
To: Mayor Silverstein and the Honorable Members of the City Council Prepared by: Kelsey Pettijohn, City Clerk
Approved by: Joseph D. Irvin, City Manager
Date prepared: May 15, 2026 Meeting date: May 26, 2026
Subject: Approval of Minutes
RECOMMENDED ACTION: Approve the minutes for the September 8, 2025 Special Meeting, September 8, 2025 Regular Meeting, and September 25, 2025 Special Meeting.

FISCAL IMPACT: There is no fiscal impact associated with the recommended action.

STRATEGIC PLAN IMPLEMENTATION: N/A.

DISCUSSION: Staff has prepared draft minutes for the September 8, 2025 Special Meeting, September 8, 2025 Regular Meeting, and September 25, 2025 Special Meeting.

ATTACHMENTS:

September 8, 2025 Special Meeting
September 8, 2025 Regular Meeting
September 25, 2025 Special Meeting
City Council Meeting
05-26-26
Item

1.B.3.

MINUTES

MALIBU CITY COUNCIL

SPECIAL MEETING
SEPTEMBER 8, 2025

COUNCIL CHAMBERS
12:00 P.M.

MEETING CALL TO ORDER
Mayor Riggins called the meeting to order at 12:04 p.m.

ROLL CALL
The following persons were recorded in attendance by the Recording Secretary:

PRESENT: Mayor Marianne Riggins; Mayor Pro Tem Bruce Silverstein; and Councilmembers Haylynn Conrad, Doug Stewart and Steve Uhring.

ALSO PRESENT: Trevor Rusin, Interim City Attorney; Kelsey Pettijohn, City Clerk; and Christina Muñoz, Deputy City Clerk;

REPORT ON POSTING OF AGENDA
City Clerk Pettijohn reported that the agenda for the meeting was properly posted on September 5, 2025.

APPROVAL OF AGENDA
MOTION Councilmember Uhring moved, and Mayor Stewart seconded a motion to approve the agenda. The motion carried unanimously.

PUBLIC COMMENT ON CLOSED SESSION
Mayor Riggins opened the floor to public comment.

Speakers: None.

RECESS TO CLOSED SESSION
At 12:05 p.m., the Council recessed to Closed Session to discuss the following items listed on the Closed Session agenda:

Personnel Matters pursuant to Government Code Section 54957:

1. Public Employee Appointment
Title: City Manager
Conference with Labor Negotiator pursuant to Government Code Section 54957.6:

1. City representative: Interim City Attorney Trevor Rusin Malibu City Council
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Unrepresented employee: City Manager
The meeting reconvened at 5:33 p.m. with all Councilmembers present.

CLOSED SESSION REPORT
Interim City Attorney Rusin reported that the meeting convened at 12:00 p.m., after which time the City Council recessed to a Closed Session pursuant to Government Code Section 54957 and 54957.6, with all Councilmembers present. He stated the Council discussed the items on the Closed Session agenda and took no reportable action.

ADJOURNMENT
Mayor Riggins adjourned the meeting at 5:34 p.m.

Approved and adopted by the City Council of the
City of Malibu on __________.
_________________________________
BRUCE SILVERSTEIN, Mayor
ATTEST:
_________________________________
KELSEY PETTIJOHN, City Clerk
(seal)

MINUTES

MALIBU CITY COUNCIL

REGULAR MEETING
SEPTEMBER 8, 2025

COUNCIL CHAMBERS
5:30 P.M.

MEETING CALL TO ORDER
Mayor Riggins called the meeting to order at 5:33 p.m.

ROLL CALL
The following persons were recorded in attendance by the Recording Secretary:

PRESENT: Mayor Marianne Riggins; Mayor Pro Tem Bruce Silverstein; and Councilmembers Haylynn Conrad, Doug Stewart and Steve Uhring.

ALSO PRESENT: Trevor Rusin, Interim City Attorney; Candace Bond, Interim City Manager; Richard Rojas, Deputy City Manager; Kelsey Pettijohn, City Clerk; Kristin Riesgo, Community Services Director; Susan Dueñas, Public Safety Director; Rob DuBoux, Public Works Director; Cynthia Alba, Senior Management Analyst; Parker Davis, Media Technician; Nicholas Sanchez, Management Analyst; Christina Muñoz, Deputy City Clerk; Luis Flores, Senior Management Analyst; Brandie Ayala, Senior Management Analyst; and Tatian Holden, Assistant Public Works Director

PLEDGE OF ALLEGIANCE
Mayor Riggins led the Pledge of Allegiance.

REPORT ON POSTING OF AGENDA
City Clerk Pettijohn reported that the agenda for the meeting was properly posted on August 29, 2025, with the amended agenda posted on September 5, 2025.

APPROVAL OF AGENDA
MOTION Councilmember Uhring moved, and Councilmember Stewart seconded a motion to approve the agenda. The motion carried unanimously.

ITEM 1 CONSENT CALENDAR
Mayor Riggins opened the floor to public comment on the Consent Calendar.

Speakers: Al Solis, John Mazza, Ryan.

Item Nos. 1.B.4., 1.B.6., 1.B.9., 1.B.10., and 1.B.11 were pulled by the Council.

Malibu City Council
Minutes of September 8, 2025

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MOTION Mayor Pro Tem Silverstein moved, and Councilmember Uhring seconded a motion to approve the Consent Calendar, pulling Item Nos. 1.B.4., 1.B.6., 1.B.9., 1.B.10., and 1.B.11. The motion carried unanimously.

The Consent Calendar consisted of the following items:

A. Previously Discussed Items

1. Second Reading and Adoption of Ordinance No. 526
Recommended Action: Conduct second reading, unless waived, and adopt Ordinance No. 526, approving a Zoning Text Amendment (ZTA) to amend Title 17 (Zoning) of the Malibu Municipal Code (MMC) to modify standards and procedures to stimulate economic recovery for local businesses as a result of impacts from the 2025 Palisades Fire, including modifications to the provisions related to Temporary Use Permits (TUP) and Sign Permits (SP).

B. New Items

2. Approve Warrants
Recommended Action: Allow and approve warrant demand numbers 76407-76550 on the register from the General Fund and direct the City Manager to pay out the funds to each of the claimants listed in Warrant Register No. 774 in the amount of the warrant appearing opposite their names, for the purposes stated on the respective demands in a total amount of $2,831,721.69. City of Malibu payroll check number 5519-5520 and ACH deposits were issued in the amount of $510,324.02.

3. Approval of Minutes
Recommended Action: Approve the minutes for the April 14, 2025 Regular Meeting.

5. Disposal of Surplus Property – Audio Equipment
Recommended Action: Declare the items on equipment listed on Attachment 1 as surplus to the city's needs and permit City Staff to dispose of the surplus equipment pursuant to the requirements of Policy 39 and Municipal Code Chapter 2.56 Purchasing System.

7. Hazard Mitigation Grant Program Application
Recommended Action: 1) Authorize the City Manager to submit a Hazard Mitigation Grant Program (HMGP) application to the California Governor’s Office of Emergency Services to implement a Home Hardening and Defensible Space Rebate Program; and 2) Authorize the City Manager to sign a letter of commitment for the 25% match required by the HMGP.

Malibu City Council
Minutes of September 8, 2025

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_________________________

8. Hazard Mitigation Grant Program – Big Rock Drive Drainage Swale Recommended Action: Authorize the City Manager to sign the letter of commitment for the Hazard Mitigation Grant Program (HMGP) – Big Rock Drive Drainage Swale sub-application to California Governor’s Office of Emergency Services (CalOES).

12. Investment Report for the Month Ending July 31, 2025 Recommended Action: Receive the Investment Report for the month ending July 31, 2025.

The following items were pulled from the consent calendar for individual consideration:

4. Amendment No. 3 to Agreement with Environmental Science Associates for the Coastal Vulnerability Assessment
Recommended Action: Authorize the Mayor to execute Amendment No. 3 to agreement with Environmental Science Associates to: 1) extend the term of the agreement 6 months so that it will now expire on March 1, 2026; and 2) increase the hourly rate for compensation for services. The cost of all services shall not exceed the project total of $242,114 The Council discussed the item and directed questions to staff.

MOTION Councilmember Stewart moved to authorize the Mayor to execute Amendment No. 3 to the agreement with Environmental Science Associates to: 1) extend the term of the agreement 6 months so that it will now expire on March 1, 2026; and 2) increase the hourly rate for compensation for services. The cost of all services shall not exceed the project total of $242,114.

The Council discussed the item and directed questions to staff.

Councilmember Uhring seconded the motion.

The motion carried unanimously.

6. Informational Report – City of Grants Pass v. Johnson, Governor’s Model Ordinance on Encampments, and Malibu Municipal Code Chapter 8.36 Recommended Action: Receive and file report regarding the impact of the decision in City of Grant’s Pass v. Johnson and Executive Order N-1-24, issued by Governor Gavin Newsom, regarding illegal camping and encampment regulations.

The Council discussed the item and directed questions to staff.

CONSENSUS By consensus, the Council directed staff to bring back an item to form an Ad Hoc Committee review and make suggested changes to the City’s Malibu City Council
Minutes of September 8, 2025

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_________________________
camping ordinance and appoint Mayor Pro Tem Silverstein and Mayor Riggins to the Ad Hoc Committee.

Mayor Riggins received and filed the report without objection.

9. Hazard Mitigation Grant Program – Traffic Signal Backup Power Recommended Action: Authorize the City Manager to sign the letter of commitment for the Hazard Mitigation Grant Program (HMGP) – Traffic Signal Backup Power sub-application to California Governor’s Office of Emergency Services (CalOES).

The Council discussed the item and directed questions to staff.

MOTION Mayor Pro Tem Silverstein moved, and Councilmember Stewart seconded a motion to authorize the City Manager to sign the letter of commitment for the Hazard Mitigation Grant Program (HMGP) – Traffic Signal Backup Power sub-application to California Governor’s Office of Emergency Services (CalOES). The motion carried unanimously.

10. Hazard Mitigation Grant Program – Undergrounding
Recommended Action: Authorize the City Manager to sign the letter of commitment for the Hazard Mitigation Grant Program (HMGP) – Undergrounding sub-application to California Governor’s Office of Emergency Services (CalOES).

The Council discussed the item and directed questions to staff.

MOTION Mayor Pro Tem Silverstein moved, and Councilmember Stewart seconded a motion to authorize the City Manager to sign the letter of commitment for the Hazard Mitigation Grant Program (HMGP) – Undergrounding subapplication to California Governor’s Office of Emergency Services (CalOES), subject to the City Attorney’s review of the funding commitment requirements. The motion carried unanimously.

11. Award Encinal Canyon Road 60-Inch Storm Drain Repairs Project Recommended Action: 1) Reject Performance Paving construction bid deeming it non-responsive; 2) Authorize the Mayor to execute an agreement with James W. Fowler Co. in the amount of $792,001 for the construction of Encinal Canyon Road 60-Inch Storm Drain Repairs Project, Specification No. 2113; and 3) Authorize the Public Works Director to approve any potential change orders up to 15%.

The Council discussed the item and directed questions to staff.

MOTION Councilmember Stewart moved, and Councilmember Uhring seconded a motion to reject all bids received for the Encinal Canyon Road 60-Inch Storm Drain Repairs Project and direct staff to re-bid the project.

Malibu City Council
Minutes of September 8, 2025

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_________________________
The Council discussed the item and directed questions to staff.

The motion carried unanimously.

Malibu City Council
Minutes of September 8, 2025

Page 6 of 13 ends

_________________________
ITEM 2 CEREMONIAL/PRESENTATIONS
A. Presentation of 2025 Jake Kuredjian Citizenship Award Mayor Riggins introduced Parks and Recreation Commission Chair Judy Villablanca.

Chair Villablanca presented the award to Susan Guildimann.

Susan Guildimann thanked the Council and paid tribute to her father for modeling commitment to community.

Chair Villablanca presented the award to Andy Lyon.

Andy Lyon thanked the Council for the recognition and discussed his early involvement in the Malibu Lagoon Restoration Project. He discussed the dismantling of the temporary skatepark.

Commissioner Jake Lingo presented the award to Nick Shurgot.

Nick Shurgot thanked the Council for the recognition.

ITEM 3 COMMISSION / COMMITTEE / CITY MANAGER UPDATES
Barry Haldeman, Malibu Arts Commission, discussed the next City Gallery art exhibit of movie posters designed by Malibu resident Jim “Taz” Evans. He announced the opening reception on September 14, 2025, at 2:00 p.m. He discussed a program to post signage outside City Hall advertising the gallery.

Interim City Manager Bond commended the Public Safety Department for organizing the Public Safety Fair. She encouraged the public to visit the Wave of Flags display at Pepperdine University honoring the lives lost in the terrorist attacks of September 11, 2001. She announced staff was working with Los Angeles County on a Wildfire Mitigation Pilot Program to prevent fires in the Santa Monica Mountains. She announced the Pura Vida Miami restaurant opening in the Civic Center. She discussed the Rebuild Policies Work Session on August 27, 2025. She announced Small Business Administration (SBA) workshops in September and stated the SBA was also offering online disaster mitigation assistance sessions through September 12, 2025. She announced Everbridge disaster notification testing in September, a blood drive on September 15, 2025 at City Hall, and a September 11, 2025 Protect Your Home workshop at City Hall with the Los Angeles County Sheriff’s Department. She stated staff was exploring using AlertFM for emergency alerts. She provided an update on storm drain repair projects, and encouraged the public to request information on Firewise communities. She stated that Community Services after-school programming started September 8, 2025 and announced upcoming senior and youth programs.

Malibu City Council
Minutes of September 8, 2025

Page 7 of 13 ends

_________________________
In response to Councilmember Conrad, Deputy City Manager Rojas provided information on the Office of Traffic Safety Grant and stated staff was gathering more information for Council.

In response to Councilmember Conrad, Public Safety Director Dueñas stated the mobile emergency sirens needed to be officially transferred from the City of Los Angeles, which was anticipated to be completed in November 2025.

Sergeant Chris Soderlund, Los Angeles County Sheriff’s Department, presented the monthly crime report and beach team statistics for Summer 2025. He provided an update on Labor Day activities and the School Resource Officer. He discussed significant incidents from the last month.

The Council directed questions to staff and Sergeant Soderlund.

Ranger Tim Pera, Mountains Recreation and Conservation Authority, presented the monthly ranger report. He discussed ranger activities during the Labor Day weekend.

The Council directed questions to Ranger Pera.

RECESS At 7:30 p.m., Mayor Riggins recessed the meeting. The meeting resumed at 7:44 p.m. with all Councilmembers present.

ITEM 4.A. PUBLIC COMMENTS
Al Broussard discussed the loss of his house in the Palisades fire and challenges in the rebuild permitting process.

Anne K. requested clarification on whether the City was a sanctuary city. She encouraged people to sign up for the Community Emergency Response Team class.

Andy Lyon discussed dismantling of the temporary skatepark. He stated the temporary skatepark was intended to operate until the permanent skatepark was open. He expressed frustration that the temporary skatepark equipment was not donated to another entity.

Paul Grisanti announced next Smart Coast California Summit and discussed the sessions and speakers.

He Patricia Keeney Maischoss, Pier to Pier, discussed a public-private partnership ferry service planned from Malibu to Santa Monica and Marina del Rey, and plans to expand to Long Beach and San Pedro for the 2028 Olympics. She requested that the City authorize the use of the triangle parcel for Blue Highway ferry parking and write a letter of support for the project this week.

Michele Shane, Pier to Pier, discussed plans for the Blue Highway water ferry Malibu City Council
Minutes of September 8, 2025

Page 8 of 13 ends

_________________________
service and how it could improve gridlock and facilitate evacuations during disasters.

Kevin Keegan, Pier to Pier, discussed plans for the Blue Highway to begin partial service by October 2025 and full service in May 2026. He requested the Council schedule an item to discuss the water ferry service, the use of the triangle lot as a parking lot, and approve a formal letter of support for the project.

Abe Roy, Fire Rebuild Ambassador, stated he had a productive meeting with staff and identified some permit streamlining measures. He encouraged residents to meet with staff and apply for rebuild permits.

Peter Strickler discussed the SeaWell water project to install offshore buoys that can purify salt water. He stated the organization was meeting with potential partners in the Malibu area.

Anthony McDemas, Palibu Chamber of Commerce, announced a rebuild expo on September 28.

Mayor Riggins confirmed City staff would attend the rebuild expo.

Bill Sampson, Malibu Township Council, discussed plans for the new 40-meter pool at Malibu High School (MHS), and expressed that the swim community wanted a 50-meter pool.

Scott Dittrich indicated support for the 50-meter pool at MHS. He discussed the State’s non-renewal of the Reel Inn lease. He discussed the State’s plans for a visitor center and expressed concern about the additional development and suburbanization of the area. He discussed a productive Rebuild Task Force meeting with staff.

Norm Haynie discussed traffic backup on Pacific Coast Highway (PCH) during fire evacuations. He stated his office building in Eastern Malibu was open to anyone who needed safe harbor in a disaster.

Cesar Nunez discussed the code enforcement violation at Councilmember Uhring’s property and discussed the lack of enforcement.

Hamish Patterson discussed the dismantling and disposal of the temporary skate park. He expressed frustration that the equipment was not broken down and reused.

Thom Spencer discussed issues attracting City Manager candidates and the City’s reputation and culture problems.

Ryan discussed public comment rules limiting speakers to three minutes on the consent calendar. He expressed concern about city spending and fiscal outlook.

He commended the Public Safety Expo, but criticized the inclusion of a rock- Malibu City Council
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climbing wall. He suggested ways to generate more revenue.

Jo Drummond discussed rebuild statistics for the County of Los Angeles and the City of Los Angeles compared to Malibu. She discussed implementation of the fee waiver program, difficulties in the plan check process, and that her project was delayed by a soils report. She discussed Community Development Director Bundy’s plans to reduce and explain corrections. She thanked Councilmember Conrad and Planning Commissioner John Mazza for attending the Big Rock Burning event.

ITEM 4.B. SUBCOMMITTEE REPORTS / COUNCIL COMMENTS
In response to Mayor Riggins, Mr. Sampson stated he was waiting on a response from the City Attorney regarding the City’s request to remove deed restrictions for league play at Trancas Canyon Park.

Councilmember Uhring discussed a free soil testing program. He discussed reports of small local fires and stated he would look into the source of the reports. He discussed Reel Inn lease. He stated Mr. Lyon and Mr. Patterson contacted him to try and find an alternate location for the temporary skatepark and discussed their efforts to donate it.

Councilmember Conrad stated she spoke with Altadena Councilmember Darlene Greene regarding the potential donation of the temporary skate park. She stated she had spoken with the Reel Inn and other businesses in the Topanga area and suggested those businesses could re-open in Malibu at the Lumber Yard. She suggested directing staff to bring back an item with information on a potential blight or vacancy tax.

In response to Mayor Pro Tem Silverstein, Interim City Attorney Rusin clarified that the Council could direct staff to bring back an item on a vacancy tax since this item was not on the agenda.

Mayor Pro Tem Silverstein indicated support for bringing back an item.

Councilmember Uhring suggested considering this issue as part of the strategic planning process.

Interim City Manager Bond stated the draft strategic plan was being updated and she planned to meet with each Councilmember before the plan was brought to the Council for approval.

Mayor Riggins encouraged commercial property owners with vacancies to reach out to displaced businesses.

Councilmember Conrad discussed the productive Rebuild Task Force meeting this afternoon and requested regular updates on the rebuild process.

Malibu City Council
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Interim City Manager Bond stated staff would make sure the Councilmembers received the Malibu Rebuilds newsletter.

Councilmember Stewart commended staff’s work on the Public Safety Fair. He discussed AlertFM and a survey to determine which FM radio stations residents can receive at their homes. He commended Mr. Patterson and Mr. Lyon for their efforts to donate the temporary skatepark equipment but discussed the urgency to complete the permanent skatepark project. He discussed the Reel Inn and stated it was unlikely it could be relocated because of its unique character and statesubsidized rent. He discussed the importance of economic development and stated a vacancy tax needed to be looked at holistically. He discussed financial emergencies in the City of Santa Monica and the City of Los Angeles.

Mayor Pro Tem Silverstein explained the City spent $300,000 to build the temporary skatepark until a permanent skatepark could be developed. He said it was unfortunate the temporary skatepark had to close before the permanent park was completed, but it fulfilled its purpose. He recognized that rebuilding is complicated and difficult. He discussed the Blue Highway ferry service and expressed concern that it would serve tourists more than Malibu residents. He indicated support for allowing additional time for speakers on the consent calendar.

Mayor Riggins stated she attended the California Contract Cities Association Fall Sessions over the weekend and had productive conversations with Supervisor Hahn and Sheriff Luna.

In response to Mayor Riggins, Interim City Attorney Rusin stated allowing parking as a stand-alone use would require a zone text amendment. He explained the city lots purchased with transportation funds would need to have a transportation nexus.

Councilmember Conrad suggested bringing back an item to consider sending a letter of support for the Blue Highway.

City Manager Bond stated the organization needed a letter this week and that item was not on the agenda this evening.

ITEM 5 ORDINANCES AND PUBLIC HEARINGS
None.

ITEM 6 OLD BUSINESS
A. Review of Contract with Covered 6 LLC
Recommended Action: 1) Review the Public Safety Commission’s recommendation regarding the contract with Covered 6 LLC to provide private security services; and 2) Provide direction to staff, as needed.

Senior Management Analyst Flores presented the staff report.

Malibu City Council
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The Council directed questions to staff.

Mayor Riggins opened the floor to public comment.

Speaker: Ryan, Jo Drummond
Terry Davis was not present at the time of the hearing.

As there were no other speakers present, Mayor Riggins returned the matter to the table for discussion.

The Council discussed the item and directed questions to staff.

The Council reviewed the recommendation and took no action.

ITEM 7 NEW BUSINESS
A. Malibu Library Set Aside Funds for Fiscal Year 2025-26 Recommended Action: Approve the use of Malibu Library Set Aside Funds for Fiscal Year (FY) 2025-26.

Management Analyst Alba presented the staff report.

The Council directed questions to staff.

Mayor Riggins opened the floor to public comment.

Speakers: Scott Tallal, John Mazza, Susie Duff, and Ryan As there were no other speakers present, Mayor Riggins returned the matter to the table for discussion.

The Council discussed the item and directed questions to staff.

MOTION Councilmember Stewart moved, and Mayor Pro Tem Silverstein seconded a motion to approve the use of Malibu Library Set Aside Funds for Fiscal Year (FY) 2025- 26, with an additional $50,000 for the Poet Laureate Program for a total of $100,000.

The Council discussed the item and directed questions to staff.

The motion carried 4-1, Councilmember Uhring opposed.

B. Federal Emergency Management Agency Public Assistance Update Recommended Action: Receive a report on the City’s status of applying for financial assistance through Federal Emergency Management Agency (FEMA) Malibu City Council
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Public Assistance program.

Senior Management Analyst Ayala presented the staff report.

Councilmember Conrad left the dais at 10:11 p.m.

Senior Management Analyst Ayala presented the staff report.

Councilmember Conrad returned to the dais at 10:13 p.m.

Senior Management Analyst Ayala presented the staff report.

Mayor Riggins opened the floor to public comment.

Speakers: Anne K., and Ryan
As there were no other speakers present, Mayor Riggins returned the matter to the table for discussion.

The Council discussed the item and directed questions to staff.

Mayor Riggins received and filed the report without objection.

ITEM 8 COUNCIL ITEMS
A. Designation of Voting Delegate and Alternate Voting Delegate(s) for the 2025 League of California Cities Annual Conference
Recommended Action: Designate the City’s voting delegate and alternate voting delegate(s) for the League of California Cities 2025 Annual Conference scheduled for October 8-10 in Long Beach.

City Clerk Pettijohn presented the staff report.

Mayor Riggins opened the floor to public comment.

Speaker: Anne K.

Ryan declined the opportunity to speak.

As there were no other speakers present, Mayor Riggins returned the matter to the table for discussion.

The Council discussed the item.

MOTION Mayor Pro Tem Silverstein moved, and Councilmember Stewart seconded a motion to appoint Mayor Riggins as delegate and Councilmember Conrad as alternate delegate for the League of California Cities 2025 Annual Conference. The motion Malibu City Council
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carried unanimously.

ADJOURNMENT
Mayor Riggins adjourned the meeting at 10:32 p.m.

MINUTES

MALIBU CITY COUNCIL

SPECIAL MEETING
SEPTEMBER 25, 2025

COUNCIL CHAMBERS
10:00 A.M.

MEETING CALL TO ORDER
Mayor Riggins called the meeting to order at 10:12 a.m.

ROLL CALL
The following persons were recorded in attendance by the Recording Secretary:

PRESENT: Mayor Marianne Riggins; Mayor Pro Tem Bruce Silverstein; and Councilmembers Haylynn Conrad, Doug Stewart and Steve Uhring.

ALSO PRESENT: Trevor Rusin, Interim City Attorney; Candace Bond, Interim City Manager; Yolanda Bundy, Community Development Director; Parker Davis, Media Technician; Christina Muñoz, Deputy City Clerk; Jason Lawrence, Deputy City Clerk; Tyler Eaton, Principal Planner; Gail Duncan, Administrative Assistant.

PLEDGE OF ALLEGIANCE
Mayor Riggins led the Pledge of Allegiance.

REPORT ON POSTING OF AGENDA
Deputy City Clerk Munoz reported that the agenda for the meeting was properly posted on September 12, 2025, with the amended agenda posted on September 24, 2025.

APPROVAL OF AGENDA
MOTION Mayor Pro Tem Silverstein moved, and Councilmember Uhring seconded a motion to approve the agenda. The motion carried unanimously.

ITEM 1 ORDINANCES AND PUBLIC HEARINGS
A. Appeals of Planning Commission Resolution No. 24-013 Regarding Coastal Development Permit No. 22-040 – An application to restore a wetland buffer that was disturbed due to unpermitted weed abatement (23855 Civic Center Way, Owner, Civic Center Way LLC; Appellants, Malibu Township Council and Malibu Coalition for Slow Growth jointly, and Civic Center Way LLC) Recommended Action: Consider Resolution No. 25-40 and Appeal Nos. 24-002 and 24-003, determine if the project is categorically exempt from the California Environmental Quality Act (CEQA), and direct staff to return with a resolution matching the Council’s decision regarding Coastal Development Permit (CDP) No.

Malibu City Council
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22-040 to restore a wetland Environmentally Sensitive Habitat Area (ESHA) buffer that was disturbed due to unpermitted weed abatement in the Community Commercial (CC) zoning district located at 23855 Civic Center Way (Civic Center Way LLC).

CONSENSUS
By consensus, the Council determined that the applicant and each appellant would be given 20 minutes for their presentation, including rebuttal.

Disclosures: Councilmembers Conrad, Uhring, Stewart, Mayor Pro Tem Silverstein and Mayor Riggins.

Principal Planner Eaton presented the staff report.

The Council directed questions to staff.

Mayor Riggins opened the floor to public comment.

Speakers: Patt Healy, Jo Drummond, Victor de la Cruz, Leticia Aloi, Scott Dittrich (Bill Sampson deferred time to Scott Dittirch), Jan Skophamer, Colin Drummond, Ryan Embree.

Patt Healy, Jo Drummond, and Victor de la Cruz provided rebuttal to public comment.

As there were no other speakers present, Mayor Riggins closed the public hearing and returned the matter to the table for discussion.

RECESS At 12:32 p.m., Mayor Riggins recessed the meeting. The meeting resumed at 12:47 p.m. with all Councilmembers present.

At 1:45 p.m., Victor de la Cruz was recognized by the Mayor and stated Civic Center Way LLC was withdrawing the application.

As there was not an application to consider, the matter was concluded.

RECESS At 1:49 p.m., Mayor Riggins recessed the meeting. The meeting resumed at 1:55 p.m. with all Councilmembers present.

ITEM 2 OLD BUSINESS
A. Rebuild Policies to Facilitate the Rebuilding of Structures Damaged or Destroyed by Natural Disasters
Recommended Action: Approve Rebuild Policies; LCP and Zoning Code Interpretation (LCP Interpretation Number 24 and Zoning Code Interpretation Malibu City Council
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Number 15) to facilitate the rebuild of structures destroyed by natural disasters.

Principal Planner Eaton presented the staff report.

The Council directed questions to staff.

Mayor Riggins opened the floor to public comment.

Speakers: Marissa Coughlan, Luis Teña, Llyod Ahern, Joanne, Luca Iacovoni, Ryan Embree, Danny Smith, Jo Drummond, Andrew Sheldon, Darren Graves As there were no other speakers present, Mayor Riggins returned the matter to the table for discussion.

The Council discussed the item.

MOTION Mayor Pro-Tem Silverstein moved, and Councilmember Stewart seconded a motion to approve the policy document with modifications to PF1 deleting the text “it may be denied if the city cannot make the required findings listed in the MMC” to state “such approval must still be obtained”, and to return at the next regular meeting with PF4 while PF10 will be determined at a later date. The question was called, and the motion carried 4-1, Councilmember Conrad opposed.

ADJOURNMENT
Mayor Riggins adjourned the meeting at 3:07 p.m.

Page 1 of 1 ends

Agenda Item # 1.B.4.

To: Mayor Silverstein and the Honorable Members of the City Council From: Ruth F. Quinto, CPA, City Treasurer
Subject: Investment Report for the Month Ending March 31, 2026 RECOMMENDED ACTION: Receive the Investment Report for the month ending February 28, 2026.

The portfolio is in compliance with the City’s Investment Policy. The City has sufficient liquidity to meet expenditure requirements for at least six months. This monthly Investment Report is in conformance with Government Code 53636, stating the Treasurer may render a quarterly report to the legislative body within 45 days following the end of the quarter covered by the report.

The City’s portfolio is invested in the following categories:

Cash and Cash Equivalents 13.47%
U.S. Treasury 81.37%
U.S. Agencies 0.00%
Certificates of Deposit 5.17%
Investments month to month:

Investment
Issuer/Instrument Type
February 28, 2026 March 31, 2026
Amount
(in millions) Yield(A) %
Amount
(in millions) Yield(A) %
Operating Cash Cash $12.73 3.19% 14.73% $8.30 3.19% 10.17% LAIF Cash $2.53 3.85% 2.93% $2.53 3.82% 3.10%
CDs Investment $4.68 3.91% 5.41% $4.22 3.93% 5.17%
Treasury Bills Investment $0.00 0.00% 0.00% $0.00 0.00% 0.00% Treasury Notes Investment $60.46 3.81% 69.99% $62.21 3.82% 76.18% Treasury STRIPS Investment $4.22 4.01% 4.89% $4.24 4.01% 5.19% Money Market Cash $1.77 3.63% 2.05% $0.17 3.33% 0.20%
Total/Blended Yield 3.73% 3.77%
Total Duration(Years) 2.00 2.31
(A)Yield is based on Purchase Yield for Treasury Bills
Two-Year U.S. Treasury Note Benchmark, as of March 31, 2026: 3.79%.

The fair market value of all investments held by the City is $81,657,764 as of March 31, 2026.

ATTACHMENTS:

1. City of Malibu Investment Statement

2. City of Malibu Portfolio Analysis Statement
City Council Meeting
05-26-26
Item

1.B.4.
1 SNAPSHOT
Current period ending March 31, 2026
ACCOUNT NAME: CITY OF MALIBU

RUTH QUINTO
ACCOUNT NUMBER:

Your Financial Advisor:

WILLIAM GOMBERG 701 S PARKER STREET
Phone: 714-497-1366 SUITE 2500
ORANGE, CA 92868
If you have more than one account with us, why not link them and receive summary information for your entire household? Contact Your Financial Advisor for more details.

CITY OF MALIBU Message from Our Firm
RUTH QUINTO BEWARE SCAMMERS IMPERSONATING THE INTERNAL REVENUE SERVICE. THE IRS ONLY 23825 STUART RANCH ROAD INITIATES CONTACT BY MAIL AND WON'T THREATEN ARREST OR REQUEST PAYMENT BY PREPAID CARD OR CRYPTO. IF YOU GET AN UNEXPECTED IRS CALL, HANG UP RIGHT AWAY, MALIBU CA 90265-4861 EVEN IF THEY HAVE YOUR SSN.

News

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Investment and Insurance Products are: Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC (WFAFN), a registered broker-dealer and non-bank affiliate of Wells Fargo • Not Insured by the FDIC or Any Federal Government Agency & Company. WFAFN uses the trade name Wells Fargo Advisors. Any other referenced • Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or Any Bank entity is a separate entity from WFAFN. Account(s) carried by Wells Fargo Clearing Affiliate Services, LLC, Member SIPC.
• Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested

SNAPSHOT
RSNIP-03012025-5924926.1.1 072 ANCA ANC9
Attachment 1
2 General About your rights and responsibilities instructions and disclosures Questions and complaints about Your Account: This account statement contains important information About this statement about your brokerage account, including recent transactions. All account statements sent to you shall be deemed Clearing services: Wells Fargo Clearing Services, LLC (WFCS), an indirect wholly owned subsidiary of Wells complete and accurate if not objected to in writing within ten days of receipt. We encourage you to review the details Fargo & Company, is a clearing broker-dealer registered with the Securities and Exchange Commission (SEC) and in this statement. If you do not understand any of the information in your statement or if you believe there are any the Municipal Securities Rulemaking Board (MSRB) and is a member of the New York Stock Exchange (NYSE), the inaccuracies or discrepancies in your statement, you should promptly report them to both WFCS and to the manager Financial Industry Regulatory Authority (FINRA) and all principal U.S. exchanges. WFCS carries your account(s) and of the Wells Fargo Advisors Financial Network office listed on the front of your statement. To further protect your acts as your custodian for funds and securities deposited with us directly by you, through our affiliated broker-dealer, rights, including any rights under the Securities Investor Protection Act, any verbal communications with either your Wells Fargo Advisors Financial Network, LLC (Wells Fargo Advisors) or as a result of transactions WFCS processes Wells Fargo Advisors Financial Network office or with WFCS should be re-confirmed in writing. Inquiries or for your account. Twice a year, WFCS publishes on its web site www.wfclearing.com a statement of the firm's complaints about your account statement, including the positions and balances in your account, may be directed to financial condition. A financial statement of this organization is available for your personal inspection at its offices, or Wells Fargo Advisors Client Services at (866) 258-4606 or ATTN: H0005-087, 1 N. Jefferson Ave, St. Louis, MO a copy of it will be mailed upon your written request. Unless and until we receive written notice from you to the 63103. contrary, WFCS may, without inquiry or investigation, accept from Wells Fargo Advisors (i) orders for the purchase or Public disclosure: You may reach FINRA by calling the FINRA BrokerCheck Hotline at (800) 289-9999 or by visiting sale of securities for your account on margin or otherwise, and (ii) any other instructions concerning your account. the FINRA website at www.finra.org. An investor brochure that includes information describing FINRA BrokerCheck Trade date statement and trade details: All activity and positions on this statement are shown as of the date a is available from FINRA upon request. A brochure describing the FINRA Pricing of Securities Regulation Public trade is entered on the brokerage trading system (i.e., the trade date). Proceeds from the sale of securities and costs Disclosure Program is also available from the FINRA upon request. for the purchase of securities are not transacted through your account until the actual settlement date of the trade. MSRB disclosure: A brochure describing the protections available under MSRB rules and how to file a complaint is The time of the transactions, the name of the buyer or seller, and the source and amount of any commission or fee available at www.MSRB.org. will be furnished upon written request.

Account protection: WFCS is a member of the Securities Investor Protection Corporation (SIPC) which protects Pricing of securities: Securities prices on your statement may vary from actual liquidation value. Prices are against the loss of cash and securities held in client accounts of a SIPC member firm in the event of the member's provided by outside quotation services which we believe are reliable but due to the nature of market data the accuracy insolvency and liquidation. SIPC coverage is limited to $500,000 per customer, including up to $250,000 for cash. For cannot be guaranteed. In the absence of such pricing, prices are estimated by WFCS using available information and more information on SIPC coverage, please see the explanatory brochure at www.sipc.org or contact SIPC at (202) its judgment. Such estimates may not reflect actual trades and do not reflect a commitment by the firm to buy or sell 371-8300. In addition, WFCS maintains additional insurance coverage provided through London Underwriters (led by at those prices. Securities listed on a national exchange are priced as of the close of the statement period. Unlisted Lloyd's of London Syndicates). This additional insurance policy becomes available to clients if their SIPC limit is shares may be valued at the current best published "bid-price", and, if none exists, the last reported transaction if exhausted and provides additional protection up to a firm aggregate of $1 billion, including up to $1.9 million for cash occurring within the last 45 days. Prices of securities not actively traded may not be available and are indicated by per client. SIPC does not insure the quality of investments or protect against market losses. SIPC only protects the "N/A." Corporate and municipal bonds and other fixed income securities are priced by a computerized pricing service custody function of their members, which means that SIPC works to restore to clients their securities and cash that or, if less actively traded, by utilizing a yield-based matrix system to arrive at an estimated market value. Listed are in their accounts when the member firm liquidation begins. Not all investments are protected by SIPC. In general, options are priced based on the closing "bid-ask" prices and the last reported trade. Mutual fund shares are priced at SIPC does not cover instruments such as unregistered investment contracts, unregistered limited partnerships, fixed net asset value. Shares of direct participation program (DPP) and real estate investment trust (REIT) securities that annuity contracts, escrow receipts, direct investments, currency, commodities or related contracts, hedge funds and are not listed on a national exchange are generally illiquid. Because no trading market exists for these investments, certain other investments. their values are estimated. Unless otherwise indicated, the values shown for DPP and REIT securities have been provided by the management of each program and represent that management's estimate of the investor's interest in Free credit balances: Free credit balances are not segregated and may be used by WFCS in the operation of its the net assets of the program. See statement sections for additional pricing information. Values for hedge funds and business in accordance with applicable laws and regulations. You have the right to receive from us in the course of certain managed futures funds are provided on a month delay basis. Other managed futures funds may be priced normal business operations, subject to any open commitments in any of your accounts, any free credit balances to more frequently. Long-term certificates of deposit (maturity beyond one year from date of issue) are priced using a which you are entitled. market value pricing model. The sale or redemption price of your securities may be higher or lower than the prices Investment objectives/Risk tolerances: Please inform us promptly of any material change that might affect shown on your statement. For an actual quote, contact the individual servicing your account. your investment objectives, risk tolerances or financial situation, or if you wish to impose or change any reasonable Estimated annual income/yield: Estimated Annual Income (EAI), when available, reflects the estimated amount restrictions on the management of your account. A copy of the Investment Advisory Services Disclosure document is you would earn on a security if your current position and its related income remained constant for a year. Estimated available without charge upon request. 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Transaction confirmations that were previously furnished to you provides outside vendors; WFCS and Wells Fargo Advisors Financial Network, LLC are not responsible for incorrect or information on commissions and other charges related to your option transaction executions. Details of our random missing estimated annual income and yields. Past performance is not a guarantee of future results. allocation procedures and copies of transaction confirmations are available upon request.

Income summary: The Income summary displays all income as recorded in the tax system as of period end date.

The totals in the Cash flow snapshot may not match the totals in the Income snapshot due to reclassifications or other corrections made in the tax system. Remember, you may have certain products that are not included in these figures and whose income is only available on the tax forms sent to you at year-end. Reclassifications and other tax reporting requirements may alter these numbers both during and after year end. You should rely only on tax reporting documents. Contact your tax advisor if you have any questions about the tax consequences of your brokerage activity.

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Tax reporting: We are required by federal law to report annually to you and to the Internal Revenue Service (IRS) on Form(s) 1099 interest income, dividend payments and sales proceeds including cost basis information for applicable transactions credited to your account.
3 News from Wells Fargo Advisors
Important notice regarding a Third Party Authorization Update Effective immediately, the terms of our Third Party Authorization and Indemnity, Third Party Authorization and Indemnity - Non-U.S. Residents, and Third Party Trading Authorization (collectively "TPAI) have been revised. If a TPAI has been accepted to your account, the changes and clarifications of existing language replace and supersede all previously published portions to which they apply, and any additional terms are incorporated by reference. In the event of any inconsistency or conflict between these terms and the terms of the TPAI accepted on your account, the terms set forth below govern.

Revised language: This authorization and my indemnity shall be governed exclusively by and under the laws of the State of South Carolina, regardless of any other agreements applicable to the Account now or in the future and any choice of law provisions in those agreements.

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First Clearing is a trade name used by Wells Fargo Clearing Services, LLC, a registered broker-dealer and affiliate of Wells Fargo & Company.

Each quarter, Wells Fargo Clearing Services, LLC (WFCS) publishes on its website a report on its routing of nondirected equity and option orders. A nondirected order is an order placed by a client who does not specify a particular venue for execution of the order.

This report identifies the significant venues to which WFCS routed nondirected client orders for execution during the applicable quarter and discloses the material aspects of WFCS' relationship with such venues. To view the quarterly report, log on to wellsfargoclearingservicesllc.com and follow the link marked "Disclosure of Order Routing Information." In addition, on request and without charge, we can provide you with a written report disclosing the venues to which your individual orders were routed for execution in the six months preceding your request, whether the orders were directed orders or nondirected orders, and the time of any transactions that resulted from those orders. For more information, please contact your financial professional.

Payment for Order Flow
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Notification of Financial Disclosure Statement
Pursuant to Securities and Exchange Commission (SEC) Rule 17a-5, broker-dealers are required to provide certain statements, including a Statement of Financial Condition, to their customers. This Financial Disclosure Statement is being provided by Wells Fargo Clearing Services, LLC (the Company) pursuant to this rule.

The SEC permits a broker-dealer to publish its Statement of Financial Condition on a website in lieu of providing a paper copy. You can access this information at no cost at wellsfargoclearingservicesllc.com. If you wish to receive a paper copy of the Company's Statement of Financial Condition, at no cost, Wells Fargo Advisors Financial Network LLC clients please call 1-866-258-4606 and Wells Fargo Advisor Solution clients please call 1-866-636-8339. In addition, the Company's audited Statement of Financial Condition as of December 31, 2025, is available for inspection at the principal office of the Company located at One North Jefferson Avenue, St. Louis, MO 63103.

The Company is subject to the SEC's Uniform Net Capital Rule (Rule 15c3-1), which requires the maintenance of minimum net capital, as defined. The Company has elected to use the alternative method, permitted by Rule 15c3-1, which requires that the Company maintain minimum net capital, as defined, equal to the greater of $1,500,000 or 2% of aggregate debit balances arising from customer transactions, as defined.

At December 31, 2025, the Company had net capital of $10,286,498,000, which was 192% of aggregate debit balances and $10,179,467,000 in excess of required minimum net capital of $107,031,000.

The most recent audited Statement of Financial Condition of the Company as of December 31, 2025, and the Report of Independent Registered Public Accounting Firm are available for inspection at the principal office of the Company located at One North Jefferson Avenue, St. Louis, MO 63103, at the regional office of the SEC located at 175 W. Jackson Boulevard, Suite 900, Chicago, IL 60604, and at the office of the SEC located at 100 F. Street NE, Washington, DC 20549. 4 *** THIS PAGE IS INTENTIONALLY LEFT BLANK ***
5 6
SNAPSHOT Page 2 of 21

CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Cash flow summary THIS PERIOD THIS YEAR
Opening value of cash and sweep balances $271,797.46
Income and distributions 353,198.00 597,758.77
Securities sold and redeemed 6,668,127.00 12,969,127.00 Net additions to cash $7,021,325.00 $13,566,885.77
Securities purchased -7,292,749.67 -13,609,290.35
Net subtractions from cash -$7,292,749.67 -$13,609,290.35 Closing value of cash and sweep balances $372.79
Income summary * THIS PERIOD THIS YEAR
TAXABLE Money market/sweep funds 625.46 6,123.54
Interest 350,293.89 585,975.97
Ordinary dividends and ST capital gains 2,278.65 4,382.68 Total taxable income $353,198.00 $596,482.19
Total federally tax-exempt income $0.00 $0.00
Total income $353,198.00 $596,482.19
* Certain distributions made in the current year are reported as prior year income according to IRS regulations. This may cause a difference between Cash Flow and Income Summary totals.

Gain/loss summary UNREALIZED THIS PERIOD REALIZED THIS YEAR REALIZED Short term (S) -321,283.23 0.00 0.00
Long term (L) 1,366,553.91 0.00 0.00
Total $1,045,270.68 $0.00 $0.00

SNAPSHOT
072 ANCA ANC9
7 SNAPSHOT Page 3 of 21

CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Your Financial Advisor Client service information
WILLIAM GOMBERG 701 S PARKER STREET Client service: 800-266-6263 Phone: 714-497-1366 SUITE 2500 Website: www.wellsfargoadvisors.com ORANGE, CA 92868
Account profile
Full account name: CITY OF MALIBU

RUTH QUINTO
Account type: Brokerage Cash Services For your consideration Brokerage account number: 5419-7847 Go paperless. Accessing your account documents online is easy, secure, and Brokerage Cash Services number: 9091092513 costs nothing. Sign on at wellsfargoadvisors.com, go to Portfolio and select Tax status: Non-Profit Statements & Docs, and then click on the Delivery Preferences link. Choose Investment objective/Risk tolerance:* CONSERVATIVE INCOME Paperless - All Docs or view your Delivery Settings details to select specific Time horizon:* INTERMEDIATE (3-5 YEARS) account documents for paperless delivery. If you do not have a Username and Liquidity needs:* MODERATE Password, visit wellsfargoadvisors.com/signup or call 1-877-879-2495 for Cost Basis Election: First in, First out enrollment assistance.

Sweep option: ALLSPRING GOVERNMENT MONEY
MARKET Document delivery status
*For more information, please visit us at: www.wellsfargoadvisors.com/disclosures Paper Electronic Statements: X Available funds Trade confirmations: X
Cash -4,188,344.02 Tax documents: X
Money market and sweep funds 4,188,716.81 Shareholder communications: X Available for loan 0.00 Other documents: X
Your total available funds $372.79

SNAPSHOT
072 ANCA ANC9
8

Page 4 of 21 ends

CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Bond maturity schedule % OF
MATURING IN: AMOUNT MATURING CURRENT VALUE MATURING VALUE under 1 year 11,455,000.00 11,379,880.05 15.91
75,000,00 1 to 5 years 60,528,000.00 59,281,387.92 84.09 6 to 10 years 0.00 0.00 0.00
50,000,00 11 to 15 years 0.00 0.00 0.00
16 to 20 years 0.00 0.00 0.00
21 to 30 years 0.00 0.00 0.00
25,000,00 over 30 years 0.00 0.00 0.00
Total $71,983,000.00 $70,661,267.97 100.00%
0 under 1 1 - 5 6 - 10 11 - 15 16 - 20 21 - 30 Over 30
Years
Additional information

THIS PERIOD THIS YEAR THIS PERIOD THIS YEAR
Accrued interest on purchases -8,462.49 -22,650.34 Gross proceeds 6,668,127.00 12,969,127.00 Portfolio detail
Cash and Sweep Balances
Sweep Balances - You have the right, in the course of normal business operations, to withdraw balances in the Bank Deposit Sweep Program or redeem shares of the money market mutual fund used in the sweep, subject to any open commitments in any of your accounts and have the proceeds returned to your accounts or remitted to you. The money market mutual funds in the sweep reserve the right to require one or more day's prior notice before permitting withdrawals.

Money Market Mutual Fund - Funds seek to preserve a value at $1.00 per share, but it is possible to lose money by investing in these funds. Investments in money market funds are not bank deposits and are not insured by the FDIC or any other government agency. They are instead covered by SIPC. Estimated Annual Yield on money market funds, when available, reflects the current estimated yield for the Interest Period dates displayed. For more complete information, including fees, expenses and risks, please request a prospectus from Your Financial Advisor.
% OF CURRENT ESTIMATED ESTIMATED CURRENT
DESCRIPTION ACCOUNT MARKET VALUE ANNUAL INCOME YIELD (%) Cash -5.91 -4,188,344.02 0.00 N/A
ALLSPRING 5.91 4,188,716.81 135,714.00 3.24

GOVERNMENT MONEY MARKET
Interest Period 03/01/26 - 03/31/26
Total Cash and Sweep Balances 0.00 $372.79 $135,714.00
072 ANCA ANC9
Amount Maturing
9

Page 5 of 21 ends

CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Fixed Income Securities
Corporate and municipal bonds and other fixed income securities are priced by a computerized pricing service or, for less actively traded issues, by utilizing a yield-based matrix system to arrive at an estimated market value.

Government Bonds

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%) US TREASURY ^
NOTES
CPN 3.750% DUE 04/15/26
DTD 04/15/23 FC 10/15/23
Moody AA1
CUSIP 91282CGV7
Acquired 04/02/24 L 2.82 2,000,000 98.53 1,970,772.62 99.9990 1,999,980.00 29,207.38 34,615.38 75,000 3.75 UNITED STATES TREAS SEC ^

INT PMT BD
DUE 05/15/26
DTD 11/15/96
Moody NR , S&P NR
CUSIP 912833LZ1
Acquired 10/22/24 L 5.98 4,255,000 99.51 4,234,211.00 99.5510 4,235,895.05 1,684.05 N/A N/A N/A

93.98 3,999,109.60

US TREASURY
NOTES
CPN 0.750% DUE 08/31/26
DTD 08/31/21 FC 02/28/22
Moody AA1
CUSIP 91282CCW9
Acquired 03/15/23 L 5.58 4,000,000 91.07 3,643,007.00 98.7650 3,950,600.00 307,593.00 2,608.69 30,000 0.75

US TREASURY
NOTES
CPN 2.500% DUE 03/31/27
DTD 03/31/22 FC 09/30/22
Moody AA1
CUSIP 91282CEF4
Acquired 03/15/23 L 5.58 4,000,000 96.45 3,858,132.00 98.8250 3,953,000.00 94,868.00 274.73 100,000 2.52 072 ANCA ANC9
10

Page 6 of 21 ends

CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Fixed Income Securities
Government Bonds continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

US TREASURY
NOTES
CPN 2.625% DUE 05/31/27
DTD 05/31/22 FC 11/30/22
Moody AA1
CUSIP 91282CET4
Acquired 03/21/24 L 3.13 2,245,000 95.32 2,139,978.18 98.6440 2,214,557.80 74,579.62 19,751.68 58,931 2.66

US TREASURY
NOTES
CPN 3.125% DUE 08/31/27
DTD 08/31/22 FC 02/28/23
Moody AA1
CUSIP 91282CFH9
Acquired 03/15/23 L 2.65 1,894,000 98.59 1,867,461.42 99.0190 1,875,419.86 7,958.44 5,146.74 59,188 3.15

US TREASURY
NOTES
CPN 1.250% DUE 04/30/28
DTD 04/30/21 FC 10/31/21
Moody AA1
CUSIP 91282CBZ3
Acquired 04/02/24 L 4.00 2,985,000 88.91 2,654,128.14 94.9020 2,832,824.70 178,696.56 15,667.12 37,313 1.31

US TREASURY
NOTES
CPN 4.375% DUE 08/31/28
DTD 08/31/23 FC 02/29/24
Moody AA1
CUSIP 91282CHX2
Acquired 03/31/26 S 3.00 2,100,000 101.76 2,136,970.28 101.2500 2,126,250.00 -10,720.28 7,989.13 91,875 4.32

US TREASURY
NOTES
CPN 1.375% DUE 12/31/28
DTD 12/31/21 FC 06/30/22
Moody AA1
CUSIP 91282CDP3
Acquired 02/15/24 L 6.71 5,075,000 88.22 4,477,363.89 93.6640 4,753,448.00 276,084.11 17,541.70 69,781 1.46 072 ANCA ANC9
11

Page 7 of 21 ends

CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Fixed Income Securities
Government Bonds continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

US TREASURY
NOTES
CPN 2.875% DUE 04/30/29
DTD 04/30/22 FC 10/31/22
Moody AA1
CUSIP 91282CEM9
Acquired 04/30/24 L 2.15 1,565,000 92.50 1,447,763.07 97.2180 1,521,461.70 73,698.63 18,892.40 44,994 2.95

US TREASURY
NOTES
CPN 2.625% DUE 07/31/29
DTD 07/31/22 FC 01/31/23
Moody AA1
CUSIP 91282CFC0
Acquired 03/18/25 L 6.82 5,025,000 94.85 4,766,494.32 96.1790 4,832,994.75 66,500.43 21,862.91 131,906 2.72

US TREASURY
NOTES
CPN 3.500% DUE 09/30/29
DTD 09/30/24 FC 03/31/25
Moody AA1
CUSIP 91282CLN9
Acquired 09/17/25 S 6.85 4,910,000 100.26 4,923,077.08 98.7960 4,850,883.60 -72,193.48 472.12 171,850 3.54 100.30 4,924,890.44

US TREASURY
NOTES
CPN 4.000% DUE 10/31/29
DTD 10/31/22 FC 04/30/23
Moody AA1
CUSIP 91282CFT3
Acquired 11/07/24 L 4.25 3,000,000 99.61 2,988,405.43 100.3980 3,011,940.00 23,534.57 50,386.74 120,000 3.98

US TREASURY
NOTES
CPN 3.500% DUE 01/31/30
DTD 01/31/23 FC 07/31/23
Moody AA1
CUSIP 91282CGJ4
Acquired 02/20/25 L 6.91 4,965,000 96.82 4,807,135.54 98.6090 4,895,936.85 88,801.31 28,802.49 173,775 3.54 072 ANCA ANC9
12

Page 8 of 21 ends

CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Fixed Income Securities
Government Bonds continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

US TREASURY
NOTES
CPN 1.500% DUE 02/15/30
DTD 02/15/20 FC 08/15/20
Moody AA1
CUSIP 912828Z94
Acquired 03/18/25 L 6.91 5,350,000 89.17 4,770,769.19 91.5070 4,895,624.50 124,855.31 9,975.83 80,250 1.63

US TREASURY
NOTES
CPN 4.125% DUE 08/31/30
DTD 08/31/23 FC 02/29/24
Moody AA1
CUSIP 91282CHW4
Acquired 09/17/25 S 6.92 4,864,000 102.50 4,985,761.42 100.7690 4,901,404.16 -84,357.26 17,446.96 200,640 4.09 102.77 4,999,211.02

US TREASURY
NOTES
CPN 4.000% DUE 01/31/31
DTD 01/31/24 FC 07/31/24
Moody AA1
CUSIP 91282CJX0
Acquired 02/23/26 S 7.57 5,350,000 102.49 5,483,528.46 100.2030 5,360,860.50 -122,667.96 35,469.61 214,000 3.99 102.54 5,485,972.22

US TREASURY
NOTES
CPN 4.125% DUE 03/31/31
DTD 03/31/24 FC 09/30/24
Moody AA1
CUSIP 91282CKF7
Acquired 03/31/26 S 5.97 4,200,000 101.45 4,261,038.25 100.7070 4,229,694.00 -31,344.25 475.96 173,250 4.09 Total Government Bonds 93.81 67,783,000 $65,415,997.2 $66,442,775.47$1,026,778.18 $287,380.19 $1,832,753 2.76 9 $65,198,602.6
1 ^ Denotes bonds with a maturity date in the next 60 days. Please contact us for further investment opportunities or any assistance. 072 ANCA ANC9
13

Page 9 of 21 ends

CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Fixed Income Securities
Certificates of Deposit
Long-term certificates of deposit (maturity beyond one year from date of issue) are priced using a market value pricing model.

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

BARCLAYS BANK/DELAWAR CD
WILMINGTON DE ACT/365

FDIC INSD
CPN 4.000% DUE 08/28/26
DTD 08/28/24 FC 02/28/25
CUSIP 06740KSW8
Acquired 08/20/24 L 0.35 250,000 100.00 250,000.00 100.0380 250,095.00 95.00 876.72 10,000 3.99

TEXAS EXCHANGE BK SSB CD
CROWLEY TX ACT/365

CALLABLE FDIC INSD
CPN 1.100% DUE 10/29/26
DTD 10/29/21 FC 11/29/21
CALL 04/29/26 @ 100.000
CUSIP 88241TMC1
Acquired 10/22/21 L 0.35 250,000 100.00 250,000.00 98.4130 246,032.50 -3,967.50 22.60 2,750 1.11

DISCOVER BANK CD
GREENWOOD DE ACT/365

FDIC INSD
CPN 4.950% DUE 11/16/26
DTD 11/15/22 FC 05/15/23
CUSIP 254673Z66
Acquired 11/09/22 L 0.28 200,000 100.00 200,000.00 100.7050 201,410.00 1,410.00 3,715.89 9,900 4.91

UBS BANK USA CD
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 1.150% DUE 12/08/26
DTD 12/08/21 FC 01/08/22
CUSIP 90348JX96
Acquired 11/30/21 L 0.35 250,000 100.00 250,000.00 98.1610 245,402.50 -4,597.50 189.04 2,875 1.17

CALPRIVATE BANK CD
LA JOLLA CA ACT/365

FDIC INSD
CPN 4.050% DUE 02/16/27
DTD 08/14/24 FC 02/14/25
CUSIP 13135NCY4
Acquired 08/05/24 L 0.35 250,000 100.00 250,000.00 100.1860 250,465.00 465.00 1,276.03 10,125 4.04 072 ANCA ANC9
14

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CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Fixed Income Securities
Certificates of Deposit continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

VALLEY NATL BK WAYNE CD
WAYNE NJ ACT/365

FDIC INSD
CPN 4.600% DUE 03/11/27
DTD 03/11/24 FC 09/11/24
CUSIP 919853KW0
Acquired 03/05/24 L 0.36 250,000 100.00 250,000.00 100.6220 251,555.00 1,555.00 661.65 11,500 4.57

BRADESCO BANK CD
CORAL GABLES FL ACT/365

FDIC INSD
CPN 4.500% DUE 03/22/27
DTD 03/21/24 FC 09/21/24
CUSIP 10421AAT4
Acquired 03/05/24 L 0.35 250,000 100.00 250,000.00 100.5580 251,395.00 1,395.00 339.04 11,250 4.47

BNY MELLON NA CD
NEW YORK NY ACT/365

FDIC INSD
CPN 4.600% DUE 06/01/27
DTD 05/29/24 FC 11/29/24
CUSIP 05584CP59
Acquired 05/23/24 L 0.36 250,000 100.00 250,000.00 100.8090 252,022.50 2,022.50 2,930.14 11,500 4.56

EAGLEMARK SVGS BK CD
CARSON CTY NV ACT/365

FDIC INSD
CPN 4.700% DUE 07/02/27
DTD 07/03/24 FC 01/03/25
CUSIP 27004PFE8
Acquired 06/26/24 L 0.36 250,000 100.00 250,000.00 100.9860 252,465.00 2,465.00 2,832.88 11,750 4.65

CELTIC BANK CD
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 2.000% DUE 12/27/27
DTD 12/27/19 FC 01/27/20
CUSIP 15118RTH0
Acquired 12/09/19 L 0.34 250,000 100.00 250,000.00 96.8130 242,032.50 -7,967.50 68.50 5,000 2.06 072 ANCA ANC9
15

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CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Fixed Income Securities
Certificates of Deposit continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

AMERANT BANK NA CD
CORAL GABLES FL ACT/365

FDIC INSD
CPN 4.050% DUE 03/28/28
DTD 03/28/25 FC 09/28/25
CUSIP 02357QCL9
Acquired 03/18/25 L 0.35 250,000 100.00 250,000.00 100.2480 250,620.00 620.00 110.96 10,125 4.03

UNIVEST BANK & TR CO CD
SOUDERTON PA ACT/365

FDIC INSD
CPN 4.300% DUE 02/28/29
DTD 02/28/25 FC 03/28/25
CUSIP 91527PCP0
Acquired 02/20/25 L 0.36 250,000 100.00 250,000.00 100.9840 252,460.00 2,460.00 117.81 10,750 4.25

BEAL BANK USA CD
LAS VEGAS NV ACT/365

FDIC INSD
CPN 4.700% DUE 05/30/29
DTD 06/05/24 FC 12/05/24
CUSIP 07371DR66
Acquired 05/23/24 L 0.36 250,000 100.00 250,000.00 102.2060 255,515.00 5,515.00 4,732.19 11,750 4.59

BEAL BANK - PLANO TX CD
PLANO TX ACT/365

FDIC INSD
CPN 4.700% DUE 05/30/29
DTD 06/05/24 FC 12/05/24
CUSIP 07371BVU2
Acquired 05/23/24 L 0.36 250,000 100.00 250,000.00 102.2060 255,515.00 5,515.00 4,732.19 11,750 4.59

MORGAN STANLEY PVT BK CD
PURCHASE NY ACT/365

FDIC INSD
CPN 4.650% DUE 05/30/29
DTD 05/30/24 FC 11/30/24
CUSIP 61768E4J9
Acquired 05/23/24 L 0.36 250,000 100.00 250,000.00 102.0490 255,122.50 5,122.50 3,885.62 11,625 4.55 072 ANCA ANC9
16

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CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Fixed Income Securities
Certificates of Deposit continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

TOYOTA FINL SGS BK CD
HENDERSON NV ACT/365

FDIC INSD
CPN 4.500% DUE 06/28/29
DTD 06/28/24 FC 12/28/24
CUSIP 89235MPR6
Acquired 06/26/24 L 0.36 250,000 100.00 250,000.00 101.6210 254,052.50 4,052.50 2,897.26 11,250 4.42

MORGAN STANLEY BK NA CD
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 4.250% DUE 02/26/30
DTD 02/26/25 FC 08/26/25
CUSIP 61690DS33
Acquired 02/20/25 L 0.36 250,000 100.00 250,000.00 100.9330 252,332.50 2,332.50 989.73 10,625 4.21 Total Certificates of Deposit 5.96 4,200,000 $4,200,000.00 $4,218,492.50 $18,492.50 $30,378.25 $164,525 3.90 Total Fixed Income Securities 99.77 $69,615,997.2 $70,661,267.97$1,045,270.68 $317,758.44 $1,997,278 2.83 9 $69,398,602.6
1 072 ANCA ANC9
17

Page 13 of 21 ends

CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Mutual Funds
Open End Mutual Funds
Open End Mutual Fund shares are priced at net asset value. Estimated Annual Income and Yield refer to Dividends and Interest Income only, and typically do not reflect Total return.

Although retail and government money market funds seek to preserve a net asset value (NAV) of $1.00 per share, in a negative interest rate environment, the fund's net asset value (NAV) may float to the nearest 1/100th of a cent (i.e., $0.9999). When the NAV is floating, the value of your investment will fluctuate and lose value.

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INCOME YIELD (%)

FIDELITY FUNDS

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
FRSXX
On Reinvestment
Acquired 03/25/26 S nc 0.23 165,377.57000 1.00 165,377.57 1.0000 165,377.57 0.00 5,457 3.30 Total Open End Mutual Funds 0.23 $165,377.57 $165,377.57 $0.00 $5,457 3.30 Total Mutual Funds 0.23 $165,377.57 $165,377.57 $0.00 $5,457 3.30 nc Cost information for this tax lot is not covered by IRS reporting requirements. Unless indicated, cost for all other lots will be reported to the IRS.

Activity detail
Income and distributions

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 03/02 Cash DIVIDEND FIDELITY FUNDS 2,278.65

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
022726 1,497,225.92000
AS OF 2/27/26
03/02 Cash INTEREST US TREASURY 100,320.00
NOTES
CPN 4.125% DUE 08/31/30
DTD 08/31/23 FC 02/29/24
022826 4,864,000
AS OF 2/28/26
CUSIP 91282CHW4
072 ANCA ANC9
18

Page 14 of 21 ends

CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Activity detail continued
Income and distributions

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 03/02 Cash INTEREST US TREASURY 29,593.75
NOTES
CPN 3.125% DUE 08/31/27
DTD 08/31/22 FC 02/28/23
022826 1,894,000
AS OF 2/28/26
CUSIP 91282CFH9
03/02 Cash INTEREST US TREASURY 15,000.00
NOTES
CPN 0.750% DUE 08/31/26
DTD 08/31/21 FC 02/28/22
022826 4,000,000
AS OF 2/28/26
CUSIP 91282CCW9
03/09 Cash INTEREST UBS BANK USA CD 220.55
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 1.150% DUE 12/08/26
DTD 12/08/21 FC 01/08/22
030826 250,000
AS OF 3/08/26
CUSIP 90348JX96
03/11 Cash INTEREST VALLEY NATL BK WAYNE CD 5,702.74
WAYNE NJ ACT/365

FDIC INSD
CPN 4.600% DUE 03/11/27
DTD 03/11/24 FC 09/11/24
031126 250,000
CUSIP 919853KW0
03/18 Cash INTEREST COMENITY BANK CD 306.85
WILMINGTON DE ACT/365

JUMBO CD FDIC INSURED
CPN 2.000% DUE 03/18/26
DTD 03/18/22 FC 04/18/22
031826 200,000
CUSIP 99000QQW7
072 ANCA ANC9
19

Page 15 of 21 ends

CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Activity detail continued
Income and distributions

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 03/23 Cash INTEREST BRADESCO BANK CD 5,578.77
CORAL GABLES FL ACT/365

FDIC INSD
CPN 4.500% DUE 03/22/27
DTD 03/21/24 FC 09/21/24
032126 250,000
AS OF 3/21/26
CUSIP 10421AAT4
03/24 Cash INTEREST SYNCHRONY BANK CD 6,198.63
DRAPER UT ACT/365

FDIC INSD
CPN 5.000% DUE 03/24/26
DTD 03/24/23 FC 09/24/23
032426 250,000
CUSIP 87165HX21
03/27 Cash INTEREST CELTIC BANK CD 383.56
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 2.000% DUE 12/27/27
DTD 12/27/19 FC 01/27/20
032726 250,000
CUSIP 15118RTH0
03/30 Cash INTEREST AMERANT BANK NA CD 5,020.89
CORAL GABLES FL ACT/365

FDIC INSD
CPN 4.050% DUE 03/28/28
DTD 03/28/25 FC 09/28/25
032826 250,000
AS OF 3/28/26
CUSIP 02357QCL9
03/30 Cash INTEREST TEXAS EXCHANGE BK SSB CD 218.49
CROWLEY TX ACT/365

CALLABLE FDIC INSD
CPN 1.100% DUE 10/29/26
DTD 10/29/21 FC 11/29/21
032926 250,000
AS OF 3/29/26
CUSIP 88241TMC1
072 ANCA ANC9
20

Page 16 of 21 ends

CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Activity detail continued
Income and distributions

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 03/30 Cash INTEREST UNIVEST BANK & TR CO CD 824.66
SOUDERTON PA ACT/365

FDIC INSD
CPN 4.300% DUE 02/28/29
DTD 02/28/25 FC 03/28/25
032826 250,000
AS OF 3/28/26
CUSIP 91527PCP0
03/31 Cash INTEREST US TREASURY 85,925.00
NOTES
CPN 3.500% DUE 09/30/29
DTD 09/30/24 FC 03/31/25
033026 4,910,000
AS OF 3/30/26
CUSIP 91282CLN9
03/31 Cash INTEREST US TREASURY 50,000.00
NOTES
CPN 2.500% DUE 03/31/27
DTD 03/31/22 FC 09/30/22
033126 4,000,000
CUSIP 91282CEF4
03/31 Cash INTEREST US TREASURY 45,000.00
NOTES
CPN 2.250% DUE 03/31/26
DTD 03/31/19 FC 09/30/19
033126 4,000,000
CUSIP 9128286L9
03/31 Cash DIVIDEND ALLSPRING 625.46

GOVERNMENT MONEY MARKET

SWEEP CLASS
033126 4,188,091
Total Income and distributions: $353,198.00
072 ANCA ANC9
21

Page 17 of 21 ends

CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Activity detail continued
Securities sold and redeemed

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 03/18 Cash REDEMPTION -200,000.00000 COMENITY BANK CD 200,000.00 WILMINGTON DE ACT/365

JUMBO CD FDIC INSURED
CPN 2.000% DUE 03/18/26
DTD 03/18/22 FC 04/18/22
CUSIP 99000QQW7
03/24 Cash REDEMPTION -250,000.00000 SYNCHRONY BANK CD 250,000.00 DRAPER UT ACT/365

FDIC INSD
CPN 5.000% DUE 03/24/26
DTD 03/24/23 FC 09/24/23
CUSIP 87165HX21
03/31 Cash SALE -2,218,127.00000 FIDELITY FUNDS 1.0000 2,218,127.00

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
03/31 Cash REDEMPTION -4,000,000.00000 US TREASURY 4,000,000.00 NOTES
CPN 2.250% DUE 03/31/26
DTD 03/31/19 FC 09/30/19
CUSIP 9128286L9
Total Securities sold and redeemed: $6,668,127.00
Securities purchased

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 03/02 Cash REINVEST DIV 2,278.65000 FIDELITY FUNDS -2,278.65

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
REINVEST AT 1.000
03/03 Cash PURCHASE 416,000.00000 FIDELITY FUNDS 1.0000 -416,000.00

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
03/25 Cash PURCHASE 468,000.00000 FIDELITY FUNDS 1.0000 -468,000.00

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
072 ANCA ANC9
22

Page 18 of 21 ends

CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Activity detail continued
Securities purchased

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 03/31 Cash PURCHASE 4,200,000.00000 US TREASURY 101.4531 -4,261,038.25 ACCRUED INT NOTES -473.36
CPN 4.125% DUE 03/31/31
DTD 03/31/24 FC 09/30/24
CUSIP 91282CKF7
03/31 Cash PURCHASE 2,100,000.00000 US TREASURY 101.7601 -2,136,970.28 ACCRUED INT NOTES -7,989.13
CPN 4.375% DUE 08/31/28
DTD 08/31/23 FC 02/29/24
CUSIP 91282CHX2
Total Securities purchased: -$7,292,749.67
Cash sweep activity
Our Cash Sweep program allows you to earn a return on the idle cash balances in your account by automatically investing such balances into one of our cash sweep options. These 'sweep transactions' may represent a net amount for the day and occur on settlement date. The following section displays transfers into and out of your sweep option. Transactions displayed here are Transfer To, Transfer From and Reinvested Dividends and Interest. These transaction amounts are not included in your cash flow summary.

DATE TRANSACTION DESCRIPTION AMOUNT DATE TRANSACTION DESCRIPTION AMOUNT 03/01 BEGINNING BALANCE 16,756.36 03/24 TRANSFER TO ALLSPRING 6,198.63

GOVERNMENT MONEY MARKET
03/02 TRANSFER TO ALLSPRING 399,954.85 03/25 TRANSFER TO ALLSPRING 250,000.00

GOVERNMENT MONEY MARKET GOVERNMENT MONEY MARKET
03/04 TRANSFER FROM ALLSPRING -416,000.00 03/26 TRANSFER FROM ALLSPRING -468,000.00

GOVERNMENT MONEY MARKET GOVERNMENT MONEY MARKET
03/09 TRANSFER TO ALLSPRING 220.55 03/27 TRANSFER TO ALLSPRING 383.56

GOVERNMENT MONEY MARKET GOVERNMENT MONEY MARKET
03/11 TRANSFER TO ALLSPRING 5,702.74 03/30 TRANSFER TO ALLSPRING 6,064.04

GOVERNMENT MONEY MARKET GOVERNMENT MONEY MARKET
03/18 TRANSFER TO ALLSPRING 200,000.00 03/31 REINVEST DIV ALLSPRING 625.46

GOVERNMENT MONEY MARKET GOVERNMENT MONEY MARKET
03/19 TRANSFER TO ALLSPRING 306.85 03/31 TRANSFER TO ALLSPRING 4,180,925.00

GOVERNMENT MONEY MARKET GOVERNMENT MONEY MARKET
03/23 TRANSFER TO ALLSPRING 5,578.77 03/31 ENDING BALANCE 4,188,716.81

GOVERNMENT MONEY MARKET
072 ANCA ANC9
23

Page 19 of 21 ends

CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Bank Deposits Through Teller March 1 - March 31
Wells Fargo Bank, N.A. (Member FDIC) Account number 9091092513 Questions? Call us at 1-800-266-6263 Deposits made in a bank branch on the last business day of the month will typically appear on your next statement. Wells Fargo Clearing Services, LLC is not an FDIC-insured depository institution; FDIC deposit insurance only protects against the failure of an insured depository institution. Banking products and services provided by Wells Fargo Bank, N.A. Member FDIC.

DATE TRANSACTION DESCRIPTION AMOUNT BANK BALANCE
03/01 BEGINNING BALANCE $0.00
03/31 ENDING BALANCE $0.00
Realized gain/loss
Realized Gain/Loss Summary

THIS PERIOD THIS PERIOD THIS PERIOD THIS YEAR THIS YEAR THIS YEAR

GAIN LOSS NET GAIN LOSS NET
Short term 0.00 0.00 0.00 0.00 0.00 0.00
Long term 0.00 0.00 0.00 0.00 0.00 0.00
Total Realized Gain/Loss $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 072 ANCA ANC9
24

Page 20 of 21 ends

CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026

ACCOUNT NUMBER
Realized Gain/Loss Detail
Short term

ADJ PRICE/ DATE ADJ COST/

DESCRIPTION QUANTITY ORIG PRICE ACQUIRED CLOSE DATE PROCEEDS ORIG COST GAIN/LOSS FIDELITY FUNDS 107,866.50000 1.0000 11/10/25 03/31/26 nc 107,866.50 107,866.50 0.00

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
CUSIP 31607A802
216.41000 1.0000 12/01/25 03/31/26 nc 216.41 216.41 0.00 572,762.40000 1.0000 12/15/25 03/31/26 nc 572,762.40 572,762.40 0.00 1,276.58000 1.0000 01/02/26 03/31/26 nc 1,276.58 1,276.58 0.00 2,104.03000 1.0000 02/02/26 03/31/26 nc 2,104.03 2,104.03 0.00 813,000.00000 1.0000 02/23/26 03/31/26 nc 813,000.00 813,000.00 0.00 2,278.65000 1.0000 03/02/26 03/31/26 nc 2,278.65 2,278.65 0.00 416,000.00000 1.0000 03/03/26 03/31/26 nc 416,000.00 416,000.00 0.00 302,622.43000 1.0000 03/25/26 03/31/26 nc 302,622.43 302,622.43 0.00 Total Short term $2,218,127.00 $2,218,127.00 $0.00
nc Cost information for this tax lot is not covered by IRS reporting requirements. Unless indicated, cost for all other lots will be reported to the IRS.

Long term

ADJ PRICE/ DATE ADJ COST/

DESCRIPTION QUANTITY ORIG PRICE ACQUIRED CLOSE DATE PROCEEDS ORIG COST GAIN/LOSS US TREASURY 4,000,000.00000 100.0000 03/15/23 03/31/26 4,000,000.00 4,000,000.00 0.00

96.3843 3,855,382.00
NOTES
CPN 2.250% DUE 03/31/26
DTD 03/31/19 FC 09/30/19
CUSIP 9128286L9
SYNCHRONY BANK CD 250,000.00000 100.0000 03/14/23 03/24/26 250,000.00 250,000.00 0.00 DRAPER UT ACT/365

FDIC INSD
CPN 5.000% DUE 03/24/26
DTD 03/24/23 FC 09/24/23
CUSIP 87165HX21
072 ANCA ANC9
25

Page 21 of 21 ends

CITY OF MALIBU

RUTH QUINTO
MARCH 1, 2026 - MARCH 31, 2026
ACCOUNT NUMBER:

Realized Gain/Loss Detail continued
Long term

ADJ PRICE/ DATE ADJ COST/

DESCRIPTION QUANTITY ORIG PRICE ACQUIRED CLOSE DATE PROCEEDS ORIG COST GAIN/LOSS COMENITY BANK CD 200,000.00000 100.0000 03/15/22 03/18/26 200,000.00 200,000.00 0.00 WILMINGTON DE ACT/365

JUMBO CD FDIC INSURED
CPN 2.000% DUE 03/18/26
DTD 03/18/22 FC 04/18/22
CUSIP 99000QQW7
Total Long term $4,450,000.00 $4,450,000.00 $0.00
$4,305,382.00
Specific instructions and disclosures
Available funds
"Available for loan" reflects the approximate amount available as of the statement period ending date and should be reduced by any pending checks and Visa charges not yet cleared. This amount is the approximate amount available for withdrawal and loans. A margin loan is a variable rate loan secured by your account.

Income on non-reportable accounts
Your income summary is categorized into taxable and tax-exempt income based upon the securities that you hold. Please be aware that, since this is a 1099 non-reportable account, this income will NOT be reported to the IRS, but is being provided to you for informational purposes only.

Callable Securities
Securities that are subject to a partial call will be selected by an impartial lottery process in which the probability of your securities being selected for redemption is proportional to the holdings of all shareholders of such securities held in street name. If a security is called prior to maturity it may affect the yield you receive. Additional information is available at www.wellsfargoadvisors.com under Legal Disclosures or the written procedures are available upon request.

Cost basis - To add or update information or modify your reporting options, please contact Your Financial Advisor.

This statement presents estimated unrealized or realized gains or losses for your information only. If acquisition or other information is not available, the gain/loss information may not be displayed and section and summary totals may not reflect your complete portfolio. Cost basis information is not verified by WFCS or Wells Fargo Advisors Financial Network and should not be relied upon for legal or tax purposes. Revisions to this information (due to corporate mergers, tenders and other reorganizations) may be required from time to time.

Cost basis for factored bonds (GNMA, CMO, etc.) will be adjusted for paydown of principal. Systematic investments in mutual funds and reinvested dividends for mutual funds and stocks have been consolidated for each position. Unit cost data for systematic investments and dividend reinvestment securities is provided for informational purposes only and is a non-weighted average.

Your account statement should not be used for tax preparation without assistance from your tax consultant. We do not report capital gains or losses for non-covered securities to the IRS.

Cost basis options
Unless specific tax lots are selected at trade time, sales of tax lots will occur using the cost basis election reflected in the Account profile section.

Estimated accrued interest on Fixed Income securities
Estimated accrued interest is included in the Portfolio summary as a convenience to you and represents the estimated portion of the interest that would be received upon the sale of the Fixed Income positions in your account, calculated from the date of the last coupon (or dated date) through the date of the account statement, based upon information provided by the issuer. This is not a guarantee that this amount will be realized in your account. Actual income will be based upon the payout schedule of the securities held in your account. If you own a Foreign Fixed Income security, and it is denominated in a foreign currency, the Estimated accrued interest will not be accurate. 072 ANCA ANC9
26 *** THIS PAGE IS INTENTIONALLY LEFT BLANK ***
27 Portfolio Analysis
Prepared for CITY OF MALIBU
April 01, 2026
Prepared by:

WILLIAM GOMBERG
This report is not complete without all sections noted in the Table of Contents. Please read each section carefully.

Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC (WFAFN), a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. WFAFN uses the trade name Wells Fargo Advisors. Any other referenced entity is a separate entity from WFAFN.

A portion of the financial data used to generate this report may be provided to Wells Fargo Advisors by third-party vendors. While this third-party information is believed to be reliable, it has not been verified.
© 2026 Wells Fargo
PM-09082027-5275575
28 Attachment 2
Table of Contents
Fixed Income Summary 3
Fixed Income Statistics 6
Redemption Distribution Rolling 12 Months 12
Fixed Income Redemption Distribution 14
Estimated Income Summary 17
Important Information 19
CITY OF MALIBU | April 01, 2026
29 Fixed Income Summary
As of 03/31/2026 for XXXX7847 - CITY OF MALIBU
Security Sub Type
Security sub type Market value % Fxd income
Government Bond 66,442,775 94.00%
Certificates of Deposit 4,218,493 6.00%
Total $70,661,268 100%
Credit Quality Ratings
Credit quality ratings % Fxd income
Treasury 94.00%
CDs 6.00%
Agency -
AAA -
AA -
A -
BBB -
Below inv grade -
Not rated -
N/A -
Total 100%
Bond Statistics
Statistic Taxable Tax exempt
Weighted avg coupon 2.80% -
Yield at purchase 3.85% -
Yield to maturity 3.51% -
Yield to worst 3.51% -
Weighted avg maturity: 2.31 yrs
Total duration: 2.68 yrs
Estimated Income Annualized
Month Estimated income annualized
04/2026 140,469
05/2026 47,600
06/2026 54,034
07/2026 267,424
08/2026 243,082
09/2026 240,938
10/2026 102,910
11/2026 47,664
12/2026 53,844
01/2027 267,102
02/2027 227,686
03/2027 240,061
Total $1,932,813
Taxable $1,932,813
Tax exempt -
Tax exempt Subject to AMT -
The asset classification of Corporate Bonds includes holdings of Certificates of Deposit. Funds include open end mutual funds, exchange-traded funds, closed end funds. Estimated Income Annualized (EIA) takes your current income, based on the current dividends or interest paid by your securities and multiplies it to create an annualized hypothetical figure. It does not reflect actual or future CITY OF MALIBU | April 01, 2026 Page 3 of 21
30 performance and should not be relied upon when making financial decisions. All annualizations are based upon current positions using a simple mathematical calculation and assumes all figures remain constant for a year; any subsequent position changes will affect these calculations. Calculations for certain types of securities could include a return of principal or capital gain, in which case the figures would be overstated. Past performance is not a guarantee of future results. Dividend payments are made solely at the discretion of the issuer and are subject to be changed or eliminated at any time.

Estimated Income is an estimate and the actual income might be lower or higher than the estimated amount. Estimated income reflects only the income generated by an investment. It does not reflect changes in price, which may fluctuate. The Credit Quality Rating shown takes the lower of the two credit agency ratings between Moody's and Standard & Poor's and converts it to the equivalent S&P major rating category. Credit Quality Ratings and Bond Statistics sections do not include bond funds. Bond Statistics are weighted averages based on market value of bonds in the portfolio. Yield calculations are based on yield prices that may change monthly. Fixed income holdings, where the information is not available, are excluded from the Yield at Purchase, Yield to worst, Yield to maturity, Total duration, Weighted average coupon and Weighted average maturity calculations. For more information, including fixed income descriptions, please see the Important Information section at the end of this report.

Bond Term vs. Duration
Bond: 100% of bonds with short bond terms (0 to <5 yrs), 0% of bonds with intermediate bond terms (5 to <10 yrs), 0% of bonds with long bond terms (10+ yrs), 0% of bonds with a N/A bond terms.

Duration: 100% of bonds with short bond terms (0 to <5 yrs), 0% of bonds with intermediate bond terms (5 to <10 yrs), 0% of bonds with long bond terms (10+ yrs), 0% of bonds with a N/A bond terms.

CITY OF MALIBU | April 01, 2026 Page 4 of 21
31 Total portfolio value: $70,827,018
Bond term indicates years to redemption date as defined in the Important Information section.

Mortgage-backed securities (MBSs) include asset-backed securities (ABSs), pass-throughs and collateralized mortgage obligations (CMOs). For MBSs, the full market value is displayed at the average life of each security, when available. Duration indicates calculated option adjusted duration. 'Bonds' include preferred stocks.

In the Callable Analysis chart, MBS includes all prepaying securities. Callable value applies next call price and date to the remaining principal. Call premiums may decline subsequent to the initial call date. Extraordinary call features may exist that are not represented in this report. Bond Term vs.

Duration and Callable Analysis sections do not include bond funds. For more information, including fixed income descriptions, please see the Important Information section at the end of this report.

Callable Analysis
Term Callable value Market value

MBS - -
0 to <1 yrs 250,000 246,033
1 to <2 yrs - -
2 to <3 yrs - -
3 to <4 yrs - -
4 to <5 yrs - -
5 to <7 yrs - -
7+ yrs - -
Not Available - -
Non-Callable - 70,415,235
Total $250,000 $70,661,268
CITY OF MALIBU | April 01, 2026 Page 5 of 21
32 Fixed Income Statistics
As of 03/31/2026 for XXXX7847 - CITY OF MALIBU
Subtotals and totals are weighted averages based on market value These references may display in the following data table within the column, Description:**Indicates that this holding is insured by a credit agency but the specific insurer is unknown. Redemption Types: M - maturity, R - refunded, T - mandatory tender/put, P - perpetual (displays date of report plus sixty years), D - Dutch auction or optional tender, A - estimated average life of prepaying securities. Call Types: C - Optional Premium Call, P - Optional Par Call. YTW Codes: C = next call, P = par call, W = middle call, R = pre-refunding, M = maturity of issue, A = estimated average life on principal paydown securities, T = next mandatory put/tender, F = called in full.

Description
Qty/Face
and
Rem Prin
and
Factor
Moody's
and
S&P
and
Enhance
Coupon
and
Cpn Type
Redemption
and
Next Call
and
Call Price
Mkt Price
and
Adj Price
and
Orig Price
Mkt Value($)
and Gain Loss ($)
and
Purch Yld
Yld Price
and
YTWand
YTM
Duration
and
Convexity
Dur Cont
and
% Fxd Inc
and
% Port
U.S. Taxable Investment
Grade Fixed Income
asset class total (category applies to all security types below) N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A

2.797%
and
N/A
N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A
70,661,268
and
1,045,271
and

3.85%
N/A
and

3.51%
and

3.51%

2.7 and

0.1 2.7
and
100.0%
and

99.8%
Treasury Note
security type total (category applies to all holdings below) N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A

2.911%
and
N/A
N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A
62,206,880
and
1,025,094
and

3.83%
N/A
and

3.48%
and

3.48%

2.9 and

0.1 2.6
and

88.0%
and

87.8%

US TREASURY/ NOTES/
91282CGV7
2,000,000
and
-
and
-
AA1
and
-
and
-

3.750%
and
Fixed
04/15/26 M
and
-
and
-
100.00
and

98.54 and

98.54 1,999,980
and
29,207
and

4.51%
100.00
and

3.67% M
and

3.67%

0.1 and

0.0 and

2.8%
and

2.8%

US TREASURY/ NOTES/
91282CCW9
4,000,000
and
-
and
-
AA1
and
-
and
-

0.750%
and
Fixed
08/31/26 M
and
-
and
-

98.76 and

91.08 and

91.08 3,950,600
and
307,593
and

3.52%

98.58 and

3.66% M
and

3.66%

0.5 and

0.0 and

5.6%
and

5.6%

US TREASURY/ NOTES/
91282CEF4
4,000,000
and
-
and
-
AA1
and
-
and
-

2.500%
and
Fixed
03/31/27 M
and
-
and
-

98.82 and

96.45 and

96.45 3,953,000
and
94,868
and

3.45%

98.94 and

3.50% M
and

3.50%

1.0 and

0.0 and

0.1 and

5.6%
and

5.6%

US TREASURY/ NOTES/
91282CET4
2,245,000
and
-
and
-
AA1
and
-
and
-

2.625%
and
Fixed
05/31/27 M
and
-
and
-

98.64 and

95.32 and

95.32 2,214,558
and
74,580
and

4.21%

98.95 and

3.49% M
and

3.49%

1.2 and

0.0 and

3.1%
and

3.1%

US TREASURY/ NOTES/
91282CFH9
1,894,000
and
-
and
-
AA1
and
-
and
-

3.125%
and
Fixed
08/31/27 M
and
-
and
-

99.02 and

98.60 and

98.60 1,875,420
and
7,958
and

3.47%

99.54 and

3.44% M
and

3.44%

1.4 and

0.0 and

2.7%
and

2.6%
2,985,000
and
-
and
AA1
and
-
and
04/30/28 M
and
-
and

94.90 and

88.92 and
2,832,825
and
178,697
and

95.58 and

3.39% M
and

0.1 and

4.0%
and

US TREASURY/ NOTES/
91282CBZ3

1.250%
and
Fixed

2.1 and

0.1 and
CITY OF MALIBU | April 01, 2026 Page 6 of 21
33 Description
Qty/Face
and
Rem Prin
and
Factor
Moody's
and
S&P
and
Enhance
Coupon
and
Cpn Type
Redemption
and
Next Call
and
Call Price
Mkt Price
and
Adj Price
and
Orig Price
Mkt Value($)
and Gain Loss ($)
and
Purch Yld
Yld Price
and
YTWand
YTM
Duration
and
Convexity
Dur Cont
and
% Fxd Inc
and
% Port
- - - 88.92 4.24% 3.39% 4.0%

US TREASURY/ NOTES/
91282CHX2
2,100,000
and
-
and
-
AA1
and
-
and
-

4.375%
and
Fixed
08/31/28 M
and
-
and
-
101.25
and
101.76
and
101.76
2,126,250
and
-10,720
and
-
102.34
and

3.39% M
and

3.39%

2.4 and

0.1 and

3.0%
and

3.0%

US TREASURY/ NOTES/
91282CDP3
5,075,000
and
-
and
-
AA1
and
-
and
-

1.375%
and
Fixed
12/31/28 M
and
-
and
-

93.66 and

88.22 and

88.22 4,753,448
and
276,084
and

4.06%

94.61 and

3.39% M
and

3.39%

2.7 and

0.1 and

0.2 and

6.7%
and

6.7%

US TREASURY/ NOTES/
91282CEM9
1,565,000
and
-
and
-
AA1
and
-
and
-

2.875%
and
Fixed
04/30/29 M
and
-
and
-

97.22 and

92.51 and

92.51 1,521,462
and
73,699
and

4.57%

98.41 and

3.41% M
and

3.41%

3.0 and

0.1 and

2.2%
and

2.1%

US TREASURY/ NOTES/
91282CFC0
5,025,000
and
-
and
-
AA1
and
-
and
-

2.625%
and
Fixed
07/31/29 M
and
-
and
-

96.18 and

94.86 and

94.86 4,832,995
and
66,500
and

3.92%

97.46 and

3.42% M
and

3.42%

3.2 and

0.1 and

0.2 and

6.8%
and

6.8%

US TREASURY/ NOTES/
91282CLN9
4,910,000
and
-
and
-
AA1
and
-
and
-

3.500%
and
Fixed
09/30/29 M
and
-
and
-

98.80 and
100.27
and
100.30
4,850,884
and
-72,193
and

3.42%
100.21
and

3.44% M
and

3.44%

3.3 and

0.1 and

0.2 and

6.9%
and

6.8%

US TREASURY/ NOTES/
91282CFT3
3,000,000
and
-
and
-
AA1
and
-
and
-

4.000%
and
Fixed
10/31/29 M
and
-
and
-
100.40
and

99.61 and

99.61 3,011,940
and
23,535
and

4.09%
101.90
and

3.44% M
and

3.44%

3.3 and

0.1 and

4.3%
and

4.3%

US TREASURY/ NOTES/
91282CGJ4
4,965,000
and
-
and
-
AA1
and
-
and
-

3.500%
and
Fixed
01/31/30 M
and
-
and
-

98.61 and

96.82 and

96.82 4,895,937
and
88,801
and

4.22%
100.15
and

3.46% M
and

3.46%

3.6 and

0.2 and

0.3 and

6.9%
and

6.9%

US TREASURY/ NOTES/
912828Z94
5,350,000
and
-
and
-
AA1
and
-
and
-

1.500%
and
Fixed
02/15/30 M
and
-
and
-

91.51 and

89.17 and

89.17 4,895,625
and
124,855
and

3.95%

92.85 and

3.45% M
and

3.45%

3.8 and

0.2 and

0.3 and

6.9%
and

6.9%

US TREASURY/ NOTES/
91282CHW4
4,864,000
and
-
and
-
AA1
and
-
and
-

4.125%
and
Fixed
08/31/30 M
and
-
and
-
100.77
and
102.50
and
102.78
4,901,404
and
-84,357
and

3.51%
102.56
and

3.50% M
and

3.50%

4.1 and

0.2 and

0.3 and

6.9%
and

6.9%
5,350,000
and
-
and
AA1
and
-
and
01/31/31 M
and
-
and
100.20
and
102.50
and
5,360,861
and
-122,668
and
102.10
and

3.53% M
and

0.3 and

7.6%
and

US TREASURY/ NOTES/
91282CJX0

4.000%
and
Fixed

4.4 and

0.2 and
CITY OF MALIBU | April 01, 2026 Page 7 of 21
34 Description
Qty/Face
and
Rem Prin
and
Factor
Moody's
and
S&P
and
Enhance
Coupon
and
Cpn Type
Redemption
and
Next Call
and
Call Price
Mkt Price
and
Adj Price
and
Orig Price
Mkt Value($)
and Gain Loss ($)
and
Purch Yld
Yld Price
and
YTWand
YTM
Duration
and
Convexity
Dur Cont
and
% Fxd Inc
and
% Port
- - - 102.54 3.44% 3.53% 7.6%

US TREASURY/ NOTES/
91282CKF7
4,200,000
and
-
and
-
AA1
and
-
and
-

4.125%
and
Fixed
03/31/31 M
and
-
and
-
100.71
and
101.45
and
101.45
4,229,694
and
-31,344
and
-
102.68
and

3.54% M
and

3.54%

4.5 and

0.2 and

0.3 and

6.0%
and

6.0%
Treasury Strip
security type total (category applies to all holdings below) N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A
-
and
N/A
N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A
4,235,895
and
1,684
and

4.01%
N/A
and

3.71%
and

3.71%

0.2 and
-

0.0 and

6.0%
and

6.0%

UNITED STATES TREAS

SEC/ INT PMT BD/
912833LZ1
4,255,000
and
-
and
-
NR
and
NR
and
-

0.000%
and
-
05/15/26 M
and
-
and
-

99.55 and

99.51 and

93.99 4,235,895
and
1,684
and

4.01%

99.25 and

3.71% M
and

3.71%

0.2 and

0.0 and

6.0%
and

6.0%
Certificates of Deposit
security type total (category applies to all holdings below) N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A

3.932%
and
N/A
N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A
4,218,493
and
18,493
and

3.93%
N/A
and

3.81%
and

3.81%

1.8 and

0.1 0.1
and

6.0%
and

6.0%

BARCLAYS

BANK/DELAWAR CD/

WILMINGTON DE
ACT/365/ 06740KSW8
250,000
and
-
and
-
-
and
-
and
FDIC

4.000%
and
Fixed
08/28/26 M
and
-
and
-
100.04
and
100.00
and
100.00
250,095
and
95 and

4.00%
100.05
and

3.89% M
and

3.89%

0.5 and

0.0 and

0.4%
and

0.4%

TEXAS EXCHANGE BK

SSB CD/ CROWLEY TX
ACT/365/ 88241TMC1
250,000
and
-
and
-
-
and
-
and
FDIC

1.100%
and
Fixed
10/29/26 M
and
04/29/26 P
and
100.00

98.41 and
100.00
and
100.00
246,033
and
-3,968
and

1.10%

98.23 and

3.82% M
and

3.82%

0.7 and

0.0 and

0.3%
and

0.3%

DISCOVER BANK CD/

GREENWOOD DE
ACT/365/ 254673Z66
200,000
and
-
and
-
-
and
-
and
FDIC

4.950%
and
Fixed
11/16/26 M
and
-
and
-
100.70
and
100.00
and
100.00
201,410
and
1,410
and

4.95%
100.85
and

3.71% M
and

3.71%

0.7 and

0.0 and

0.3%
and

0.3%

UBS BANK USA CD/

SALT LAKE CTY UT
ACT/365/ 90348JX96
250,000
and
-
and
-
-
and
-
and
FDIC

1.150%
and
Fixed
12/08/26 M
and
-
and
-

98.16 and
100.00
and
100.00
245,403
and
-4,598
and

1.15%

98.00 and

3.78% M
and

3.78%

0.8 and

0.0 and

0.3%
and

0.3%

CALPRIVATE BANK CD/
LA JOLLA CA ACT/365/
13135NCY4
250,000
and
-
and
-
-
and
-
and
FDIC

4.050%
and
Fixed
02/16/27 M
and
-
and
-
100.19
and
100.00
and
100.00
250,465
and
465
and

4.05%
100.31
and

3.72% M
and

3.72%

0.9 and

0.0 and

0.4%
and

0.4%
VALLEY NATL BK 250,000
and
-
and

4.600%
and
03/11/27 M
and
100.62
and
251,555
and
100.84
and

1.0 and

0.0 and
CITY OF MALIBU | April 01, 2026 Page 8 of 21
35 Description
Qty/Face
and
Rem Prin
and
Factor
Moody's
and
S&P
and
Enhance
Coupon
and
Cpn Type
Redemption
and
Next Call
and
Call Price
Mkt Price
and
Adj Price
and
Orig Price
Mkt Value($)
and Gain Loss ($)
and
Purch Yld
Yld Price
and
YTWand
YTM
Duration
and
Convexity
Dur Cont
and
% Fxd Inc
and
% Port

WAYNE CD/ WAYNE NJ
ACT/365/ 919853KW0
-
and
-
-
and
FDIC
Fixed -
and
-
100.00
and
100.00
1,555
and

4.60%

3.76% M
and

3.76%

0.0 and

0.4%
and

0.4%

BRADESCO BANK CD/

CORAL GABLES FL
ACT/365/ 10421AAT4
250,000
and
-
and
-
-
and
-
and
FDIC

4.500%
and
Fixed
03/22/27 M
and
-
and
-
100.56
and
100.00
and
100.00
251,395
and
1,395
and

4.50%
100.76
and

3.75% M
and

3.75%

1.0 and

0.0 and

0.4%
and

0.4%

BNY MELLON NA CD/

NEW YORK NY
ACT/365/ 05584CP59
250,000
and
-
and
-
-
and
-
and
FDIC

4.600%
and
Fixed
06/01/27 M
and
-
and
-
100.81
and
100.00
and
100.00
252,023
and
2,023
and

4.60%
101.00
and

3.76% M
and

3.76%

1.2 and

0.0 and

0.4%
and

0.4%

EAGLEMARK SVGS BK

CD/ CARSON CTY NV
ACT/365/ 27004PFE8
250,000
and
-
and
-
-
and
-
and
FDIC

4.700%
and
Fixed
07/02/27 M
and
-
and
-
100.99
and
100.00
and
100.00
252,465
and
2,465
and

4.70%
101.19
and

3.77% M
and

3.77%

1.3 and

0.0 and

0.4%
and

0.4%

CELTIC BANK CD/ SALT
LAKE CTY UT ACT/365/
15118RTH0
250,000
and
-
and
-
-
and
-
and
FDIC

2.000%
and
Fixed
12/27/27 M
and
-
and
-

96.81 and
100.00
and
100.00
242,033
and
-7,968
and

2.00%

96.76 and

3.84% M
and

3.84%

1.8 and

0.0 and

0.3%
and

0.3%

AMERANT BANK NA

CD/ CORAL GABLES FL
ACT/365/ 02357QCL9
250,000
and
-
and
-
-
and
-
and
FDIC

4.050%
and
Fixed
03/28/28 M
and
-
and
-
100.25
and
100.00
and
100.00
250,620
and
620
and

4.05%
100.38
and

3.85% M
and

3.85%

1.9 and

0.0 and

0.4%
and

0.4%

UNIVEST BANK & TR

CO CD/ SOUDERTON
PA ACT/365/
91527PCP0
250,000
and
-
and
-
-
and
-
and
FDIC

4.300%
and
Fixed
02/28/29 M
and
-
and
-
100.98
and
100.00
and
100.00
252,460
and
2,460
and

4.30%
101.32
and

3.83% M
and

3.83%

2.8 and

0.1 and

0.0 and

0.4%
and

0.4%

BEAL BANK - PLANO

TX CD/ PLANO TX
ACT/365/ 07371BVU2
250,000
and
-
and
-
-
and
-
and
FDIC

4.700%
and
Fixed
05/30/29 M
and
-
and
-
102.21
and
100.00
and
100.00
255,515
and
5,515
and

4.70%
102.58
and

3.84% M
and

3.84%

3.0 and

0.1 and

0.0 and

0.4%
and

0.4%

BEAL BANK USA CD/

LAS VEGAS NV
ACT/365/ 07371DR66
250,000
and
-
and
-
-
and
-
and
FDIC

4.700%
and
Fixed
05/30/29 M
and
-
and
-
102.21
and
100.00
and
100.00
255,515
and
5,515
and

4.70%
102.58
and

3.84% M
and

3.84%

3.0 and

0.1 and

0.0 and

0.4%
and

0.4%

MORGAN STANLEY

PVT BK CD/ PURCHASE
NY ACT/365/
61768E4J9
250,000
and
-
and
-
-
and
-
and
FDIC

4.650%
and
Fixed
05/30/29 M
and
-
and
-
102.05
and
100.00
and
100.00
255,123
and
5,123
and

4.65%
102.41
and

3.85% M
and

3.85%

3.0 and

0.1 and

0.0 and

0.4%
and

0.4%
CITY OF MALIBU | April 01, 2026 Page 9 of 21
36 Description
Qty/Face
and
Rem Prin
and
Factor
Moody's
and
S&P
and
Enhance
Coupon
and
Cpn Type
Redemption
and
Next Call
and
Call Price
Mkt Price
and
Adj Price
and
Orig Price
Mkt Value($)
and Gain Loss ($)
and
Purch Yld
Yld Price
and
YTWand
YTM
Duration
and
Convexity
Dur Cont
and
% Fxd Inc
and
% Port

TOYOTA FINL SGS BK

CD/ HENDERSON NV
ACT/365/ 89235MPR6
250,000
and
-
and
-
-
and
-
and
FDIC

4.500%
and
Fixed
06/28/29 M
and
-
and
-
101.62
and
100.00
and
100.00
254,053
and
4,053
and

4.50%
101.98
and

3.86% M
and

3.86%

3.0 and

0.1 and

0.0 and

0.4%
and

0.4%

MORGAN STANLEY BK

NA CD/ SALT LAKE CTY
UT ACT/365/
61690DS33
250,000
and
-
and
-
-
and
-
and
FDIC

4.250%
and
Fixed
02/26/30 M
and
-
and
-
100.93
and
100.00
and
100.00
252,333
and
2,333
and

4.25%
101.27
and

3.90% M
and

3.90%

3.6 and

0.2 and

0.0 and

0.4%
and

0.4%
Fixed income statistics
total
N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A

2.797%
and
N/A
N/A
and
N/A
and
N/A
N/A
and
N/A
and
N/A
70,661,268
and
1,045,271
and

3.85%
N/A
and

3.51%
and

3.51%

2.7 and

0.1 2.7
and
100.0%
and

99.8%
Total portfolio value: $70,827,018
**Indicates that this holding is insured by a credit agency but the specific insurer is unknown.

Rem Prin - Remaining Principal is the amount of principal which, as of a given date, has not yet been paid on a fixed income security (original face value multiplied by the factor).

Factor represents the portion of principal remaining on a security subject to principal prepayments (such as a mortgage-backed security). A factor of .87654321 on an original face of $100,000 would indicate that $87,654.32 in principal remained.

Enhance - Indicates that there is a form of credit enhancement such as collateralization or bond insurance which may vary in credit quality. The ratings displayed are the higher of the credit rating of the bond insurer or of the underlying credit of the issuer. Acronyms indicate insurance or type of collateral. Please see the Important Information section at the end of this report.

CDs are subject to insurance limits through FDIC.

The coupon rate is the interest rate stated on a bond, note or other fixed income security, expressed as a percentage of the principal. Adjustable rate coupon securities will be shown at the current coupon rate if known; actual coupon rates may vary. There is no assurance that coupons will be paid. Past Performance is not a guarantee of future results. Range Notes will carry a coupon of 0%.

Coupon Types: Adj (Adjustable rate), Fixed (Fixed rate), Step (Step up or down), Struct (Structured Product Securities), Zero (Zero Coupon), PIK (Payment-in-kind) Redemption is the date the security is scheduled to be redeemed. Types: M - maturity, R - refunded, T - mandatory tender/put, P - perpetual (displays date of report plus sixty years), D - Dutch auction or optional tender, A - estimated average life of prepaying securities.

Next call is the next date, prior to maturity, on which a callable security may be redeemed by the issuer. Call Price is the price, specified at issuance, at which a bond or preferred stock can be redeemed.

Call Types: C - Optional Premium Call, P - Optional Par Call.

Adjusted Price is the original price adjusted for accretion for a discount and amortization for a premium.

Purchase Yield is the yield to worst based on original price and purchase date.

Yield Price is the most recent month-end market price which is used to calculate yields, duration, convexity, etc.

YTW - Yield to Worst indicates the lowest of yields to calls or the yield to maturity, calculated at yield price and not at current market price. The Yield Code next to YTW indicates the date/price to which the yield has been calculated. Codes: C = next call, P = par call, W = middle call, R = pre-refunding, M = maturity of issue, A = estimated average life on principal paydown securities, T = next mandatory put/tender, F = called in full.

YTM (Yield to Maturity) is calculated to the redemption date based on the yield price and not on current market price.

Duration - Duration, where available, is Modified Duration. It is used to provide a measurement of price volatility. For example, a duration of 4 means that a shift in prevailing rates 100 basis points (1%) in a 1 year period should shift the price in the opposite direction by 4%. Duration will not be calculated on Structured Products or other securities for which required data is not available. Modified Duration, unlike Effective Duration, assumes cash flows do not change and does not take into account embedded call options.

Convexity - Convexity measures the speed with which the duration will change with movements in interest rates. For example, on a bond with negative convexity, the duration will shorten with falling interest rates which will reduce the impact of duration of this security on the portfolio. Convexity is reflected at both the security level and at the subtotal level for fixed income classification calculated as a weighted average.

CITY OF MALIBU | April 01, 2026 Page 10 of 21
37 Duration Contribution - The duration contribution is the impact of this bond's duration on the fixed income portion of the portfolio. Example, if bond has a duration of 3 and its market value is 5% of the fixed income, the duration contribution will be 0.15 (3 x .05).

For more information including fixed income analysis details, please see the Important Information section at the end of this report.

CITY OF MALIBU | April 01, 2026 Page 11 of 21
38 Redemption Distribution Rolling 12 Months
As of 03/31/2026 for XXXX7847 - CITY OF MALIBU
Redemption values are stated in thousands ($)
Description
Apr
2026
May
2026
Jun
2026
Jul
2026
Aug
2026
Sep
2026
Oct
2026
Nov
2026
Dec
2026
Jan
2027
Feb
2027
Mar
2027
Total
Principal
Government bond 2,000 4,255 - - 4,000 - - - - - - 4,000 14,255 Certificates of
deposit - - - - 250 - 250 200 250 - 250 500 1,700
Redemption
distribution
rolling 12 months
total
2,000 4,255 - - 4,250 - 250 200 250 - 250 4,500 15,955
Current market value of securities with undefined redemption value: $0 CITY OF MALIBU | April 01, 2026 Page 12 of 21
39 Total portfolio value: $70,827,018
This report shows the schedule of principal payments of securities calculated as of the date of the report. Payments are not guaranteed. Unforeseen events could occur which could cause the estimated principal payments to differ from stated values. Bonds in default will not display a redemption value. The redemption value applies the redemption price to the remaining principal or the number of shares.

These schedules assume that bonds are not called. Call features may be exercised as stated elsewhere at any time. On Treasury Inflation Index securities (TIPs), we have applied the most recent Index Ratio to the redemption price. Actual redemption value will not be less than the face amount on TIPs if held to maturity. 100% Principal protected structured products (when held to maturity) will be displayed at their face amount as the redemption value.

The asset classification of Corporate Bonds includes holdings of Certificates of Deposit.

Mortgage Backed Securities display the total remaining principal on pass-through securities and collateralized mortgage obligations (CMOs), which are not represented in the table due to uncertain schedule of principal payments.

Securities with Undefined Redemption Value, such as mandatory convertible securities and structured products (other than those with 100% principal protection), do not have a defined redemption value and are not represented in the table. The market value of these securities that have a redemption date within the next 12 months is displayed beneath the table. These securities will display N/A as the redemption value in the month of their scheduled redemption. For more information, see the Important Information section at the end of this report.

CITY OF MALIBU | April 01, 2026 Page 13 of 21
40 Fixed Income Redemption Distribution: w/Holding(s)
As of 03/31/2026 for XXXX7847 - CITY OF MALIBU
Coupon subtotals and totals are weighted averages based on redemption value Description
Redemption
date
Redemption
price ($) Redemption value ($) Coupon
Weighted average
coupon remaining
2026 yearly total (category applies to all holdings below)N/A N/A 11,205,000 1.165% 3.071% UST NTS 3.75% 041526 (CUSIP: 91282CGV7) 04/15/26 M 100.00 2,000,000 3.750% 2.747% UST STRIP 0%5/15/26 INT (CUSIP: 912833LZ1) 05/15/26 M 100.00 4,255,000 0.000% 2.949% BARCLAYS BAN 4% 082826 (CUSIP: 06740KSW8) 08/28/26 M 100.00 250,000 4.000% 2.770% UST NTS .75% 083126 (CUSIP: 91282CCW9) 08/31/26 M 100.00 4,000,000 0.750% 2.894% TEXAS EXC 1.10% 102926 (CUSIP: 88241TMC1) 10/29/26 M 100.00 250,000 1.100% 2.781% DISCOVER 4.95% 111626 (CUSIP: 254673Z66) 11/16/26 M 100.00 200,000 4.950% 2.769% UBS BANK 1.15% 120826 (CUSIP: 90348JX96) 12/08/26 M 100.00 250,000 1.150% 2.780% 2027 yearly total (category applies to all holdings below)N/A N/A 9,639,000 2.897% 2.756% CALPRIVAT 4.05% 021627 (CUSIP: 13135NCY4) 02/16/27 M 100.00 250,000 4.050% 2.770% VALLEY NAT 4.6% 031127 (CUSIP: 919853KW0) 03/11/27 M 100.00 250,000 4.600% 2.768% CITY OF MALIBU | April 01, 2026 Page 14 of 21
41 Description
Redemption
date
Redemption
price ($) Redemption value ($) Coupon
Weighted average
coupon remaining
BRADESCO B 4.5% 032227 (CUSIP: 10421AAT4) 03/22/27 M 100.00 250,000 4.500% 2.769% UST NTS 2.5% 033127 (CUSIP: 91282CEF4) 03/31/27 M 100.00 4,000,000 2.500% 2.791% UST NTS 2.625% 053127 (CUSIP: 91282CET4) 05/31/27 M 100.00 2,245,000 2.625% 2.780% BNY MELLON 4.6% 060127 (CUSIP: 05584CP59) 06/01/27 M 100.00 250,000 4.600% 2.768% EAGLEMARK 4.7% 070227 (CUSIP: 27004PFE8) 07/02/27 M 100.00 250,000 4.700% 2.768% UST NTS 3.125% 083127 (CUSIP: 91282CFH9) 08/31/27 M 100.00 1,894,000 3.125% 2.765% CELTIC BANK 2% 122727 (CUSIP: 15118RTH0) 12/27/27 M 100.00 250,000 2.000% 2.777% 2028 yearly total (category applies to all holdings below)N/A N/A 10,410,000 2.009% 2.904% AMERANT B 4.05% 032828 (CUSIP: 02357QCL9) 03/28/28 M 100.00 250,000 4.050% 2.770% UST NTS 1.25% 043028 (CUSIP: 91282CBZ3) 04/30/28 M 100.00 2,985,000 1.250% 2.841% UST NTS 4.375% 083128 (CUSIP: 91282CHX2) 08/31/28 M 100.00 2,100,000 4.375% 2.727% UST NTS 1.375% 123128 (CUSIP: 91282CDP3) 12/31/28 M 100.00 5,075,000 1.375% 2.881% 2029 yearly total (category applies to all holdings below)N/A N/A 15,750,000 3.339% 2.617% UNIVEST BA 4.3% 022829 (CUSIP: 91527PCP0) 02/28/29 M 100.00 250,000 4.300% 2.769% UST NTS 2.875% 043029 (CUSIP: 91282CEM9) 04/30/29 M 100.00 1,565,000 2.875% 2.772% BEAL BANK 4.7% 053029 (CUSIP: 07371DR66) 05/30/29 M 100.00 500,000 4.700% 2.761% MORGAN ST 4.65% 053029 (CUSIP: 61768E4J9) 05/30/29 M 100.00 250,000 4.650% 2.768% TOYOTA FIN 4.5% 062829 (CUSIP: 89235MPR6) 06/28/29 M 100.00 250,000 4.500% 2.769% UST NTS 2.625% 073129 (CUSIP: 91282CFC0) 07/31/29 M 100.00 5,025,000 2.625% 2.786% UST NTS 3.5% 093029 (CUSIP: 91282CLN9) 09/30/29 M 100.00 4,910,000 3.500% 2.722% UST NTS 4% 103129 (CUSIP: 91282CFT3) 10/31/29 M 100.00 3,000,000 4.000% 2.721% 2030 yearly total (category applies to all holdings below)N/A N/A 15,429,000 3.016% 2.709% UST NTS 3.5% 013130 (CUSIP: 91282CGJ4) 01/31/30 M 100.00 4,965,000 3.500% 2.721% UST NTS 1.5% 021530 (CUSIP: 912828Z94) 02/15/30 M 100.00 5,350,000 1.500% 2.877% MORGAN ST 4.25% 022630 (CUSIP: 61690DS33) 02/26/30 M 100.00 250,000 4.250% 2.770% UST NTS 4.125% 083130 (CUSIP: 91282CHW4) 08/31/30 M 100.00 4,864,000 4.125% 2.677% 2031 yearly total (category applies to all holdings below)N/A N/A 9,550,000 4.055% 2.579% UST NTS 4% 013131 (CUSIP: 91282CJX0) 01/31/31 M 100.00 5,350,000 4.000% 2.676% UST NTS 4.125% 033131 (CUSIP: 91282CKF7) 03/31/31 M 100.00 4,200,000 4.125% 2.691% Fixed income redemption distribution total N/A N/A 71,983,000 2.775% 0.000% Redemption value (remaining principal) of mortgage backed securities: $0 Market value of securities with undefined redemption value: $0 This report shows the schedule of principal payments of securities calculated as of the date of the report. Payments are not guaranteed. Unforeseen events could occur which could cause the estimated CITY OF MALIBU | April 01, 2026 Page 15 of 21
42 principal payments to differ from stated values. Bonds in default will not display a redemption value. The redemption value applies the redemption price to the remaining principal or the number of shares.

These schedules assume that bonds are not called. Call features may be exercised as stated elsewhere at any time. On Treasury Inflation Index securities (TIPs ), we have applied the most recent Index Ratio to the redemption price. Actual redemption value will not be less than the face amount on TIPs if held to maturity. 100% Principal protected structured products (when held to maturity) will be displayed at their face amount as the redemption value.

Mortgage backed securities (MBSs) are not represented in this report as it is not possible to accurately predict principal prepayments.

Securities with undefined redemption value, such as mandatory convertible securities and structured products (other than those with 100% principal protection), do not have a defined redemption value and are not represented in the bar charts. The market value of these securities is displayed beneath the table. These securities will display N/A as the redemption value in the year of their scheduled redemption.

Redemption is the date the security is scheduled to be redeemed. Types: M - maturity, R - refunded, T - mandatory tender/put, P - perpetual (displays date of report plus sixty years), D - Dutch auction or optional tender, A - estimated average life of prepaying securities.

CITY OF MALIBU | April 01, 2026 Page 16 of 21
43 Estimated Income Summary
As of 03/31/2026 for XXXX7847 - CITY OF MALIBU
Description
Apr
2026
May
2026
Jun
2026
Jul
2026
Aug
2026
Sep
2026
Oct
2026
Nov
2026
Dec
2026
Jan
2027
Feb
2027
Mar
2027
Annualized
Estimated
income ($)
Tax exempt accounts total(category applies
to security types below)
140,923 48,054 54,489 267,879 243,536 241,393 103,365 48,119 54,299 267,556 228,141 240,516 1,938,271 Money market fund 455 455 455 455 455 455 455 455 455 455 455 455 5,457 Certificates of deposit 1,815 18,134 19,143 7,584 12,105 18,388 1,757 18,199 18,954 7,261 11,710 17,511 152,561 Government bond 138,653 29,466 34,891 259,841 230,976 222,550 101,153 29,466 34,891 259,841 215,976 222,550 1,780,253 Unassigned total N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Not available
income type total(category applies to security types below)

N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Cash alternative N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Estimated income total 140,923 48,054 54,489 267,879 243,536 241,393 103,365 48,119 54,299 267,556 228,141 240,516 1,938,271 Total Portfolio Value: $70,827,018
This report is not a substitute for official tax reporting. This report separates the holdings, first based on the taxability at the account level. The secondary aggregation is Tax Type which is used to aggregate securities based on their assumed taxability of income (interest and dividends) at the time of this report. Classifications are made by data sources we deem reliable; however, we do not CITY OF MALIBU | April 01, 2026 Page 17 of 21
44 guarantee the accuracy of these classifications. Most securities are subject to capital gains taxes and some may be considered in calculations for Alternative Minimum Tax (AMT) that are not so designated here. This report does not attempt to portray phantom income (income accreted or accrued but not paid) on discount or zero coupon securities. You should consult with your tax advisor regarding the taxability of your holdings.

The following tax type classifications may be included in this report: AMT - subject to Alternative Minimum Tax; Dividend - taxable as dividend income; Federal - income taxable by federal government (state and local income taxes may not apply); Non-Federal - income non-taxable by federal government but may be subject to state and local taxes; Taxable - income taxable by federal, state and local taxes; and Not Available - taxability undetermined.

Estimated Income Annualized (EIA) takes your current income, based on the current dividends or interest paid by your securities and multiplies it to create an annualized hypothetical figure. It does not reflect actual or future performance and should not be relied upon when making financial decisions. All annualizations are based upon current positions using a simple mathematical calculation and assumes all figures remain constant for a year; any subsequent position changes will affect these calculations. Calculations for certain types of securities could include a return of principal or capital gain, in which case the figures would be overstated. Past performance is not a guarantee of future results. Dividend payments are made solely at the discretion of the issuer and are subject to be changed or eliminated at any time. Estimated Income is an estimate and the actual income might be lower or higher than the estimated amount. Estimated Income only the income generated by an investment. It does not reflect changes in price, which may fluctuate.

CITY OF MALIBU | April 01, 2026 Page 18 of 21
45 Important Information
Accounts Included:

These references may display in the following internal or external account lists, as applicable, at the end of the account number: Use of the "P" footnote will indicate it is included in the performance information within the report, Use of the "E" footnote will indicate it is included in your eMoney plan summary, use of the "A" footnote will indicate an account aggregated within the report.

Internal Accounts
XXXX7847 P CITY OF MALIBU
P Indicates an account included in the performance information within the report.

This Account listing represents a portfolio of assets and/or liabilities owned by you based on our records of transactions processed through us or supplemental information supplied by you. The information contained in this report may not reflect all holdings or transactions, their costs, or proceeds in your household. Any assets and liabilities you currently hold away from our Firm may not be covered by SIPC.

Transactions requiring tax consideration should be reviewed carefully with your accountant or tax advisor. Unless otherwise indicated, market prices are only indications of market values, are subject to change, and may not reflect the value at which securities could be sold.

This report is not the official record of your account. However, it has been prepared to assist you in understanding your investments and is for informational purposes only. Your account statements and/or trade confirms are considered the official and accurate records of your account activity. Therefore, if there are any discrepancies between this report and your statements and/or trade confirms, you should rely on your statements and/or trade confirms.

For a complete list of accounts used in this report or if you have more questions related to this report, please contact your dedicated investment professional.

Certain assets are excluded from performance calculations. Selected annuities, mutual funds held outside the firm, precious metals, coins, bullion, or any assets subject to tax-withholdings (TEFRA) are among the assets not included in values or performance calculations. Additionally, thinly traded or non-publicly traded securities, private assets and other types of assets that do not have a readily ascertainable market value, including but not limited to loan assets, real estate, closely held interests, and oil, gas, and mineral interests are not included in performance calculations and may not be included in market values.

For performance market values, we include account accruals in the calculations. Accruals are accumulated interest or income that your individually held assets have earned over time but have not been recorded or paid out yet. Because you are legally entitled to receive this interest and income as the holder of the assets, we factor these accruals as part of the assets' appreciation value. Please note accruals are not included in performance calculations for most mutual funds and non-performance market values.

Where your account holds alternative investments, the alternative investment valuations used to calculate the investment performance presented in this report are based on valuation reporting we receive from fund sponsors. In certain instances, the most recent valuations provided by fund sponsors may be delayed by as much as six months or more and may not reflect distributions made over the prior six-plus months. As a result, the performance returns shown may be based on stale valuations and may be higher or lower than performance returns based on current valuations.

As such, if you own alternative investments, the account level and alternatives performance presented in this report may not reflect the current value of your holdings. Please refer to the statement provided by the applicable alternative fund sponsor for the most up-to-date valuation of holdings.

Asset Classification
Asset Classes for mutual funds, variable annuities and exchange-traded funds are derived from Morningstar Categories. Underlying holdings classification provided by Morningstar. ©2026 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely.

Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

CITY OF MALIBU | April 01, 2026 Page 19 of 21
46 Account Return Methodology
Account returns are annualized for time periods greater than one year. This performance presented is past performance, which is not a guarantee of future results; current performance may be lower or higher than the performance quoted. The investment return and principal value will fluctuate so that an investor’s units, when redeemed, may be worth more or less than their original cost.

Net Time Weighted rates of return are independent of the timing and magnitude of your cash flow decisions and are calculated after the deduction of program fees. Each return period is given an equal weighting, regardless of the portfolio value.

Gross Time Weighted rates of return are independent of the timing and magnitude of your cash flow decisions and are calculated before the deduction of all fees. Each return period is given an equal weighing, regardless of the portfolio value.

Gross Performance represents returns before the deduction of any investment management fees. Actual performance in your account will be less. For more information, please contact your advisor who can provide you with account performance both gross of and net of fees.

Money Weighted rates of return reflect your decisions to deposit assets to or withdraw assets from your accounts and are calculated after the deduction of all fees. They give more weight to returns in periods with higher portfolio values and, as a result, should not be used to measure performance of an investment manager.

Fixed Income Securities (Bonds)
Investments in fixed-income securities are subject to market, interest rate, credit/default, inflation and other risks. Bond prices fluctuate inversely to changes in interest rates. Therefore, a general rise in interest rates can result in the decline in the bond's price. Lower rated securities are speculative and involve greater risk of default.

YTW: Yield to worst is the lowest of all yields to calls or the yield to maturity. Yield to maturity is the yield that would be realized on a fixed income security if it were held to the maturity date. Yield at purchase is calculated based on the purchase date and price of each position (if available) and represents the yield to worst at the time of purchase. At the subtotal and total levels, yields are weighted averages for that grouping.

Duration, if available, is option adjusted duration and is used to provide a measurement of price volatility. For example, a duration of 4 means that a shift in prevailing rates 100 basis points (1%) in a 1 year period should shift the price in the opposite direction by 4%. Duration will not be calculated on Structured Products or other securities for which required data is not available. Modified Duration, unlike Effective Duration, assumes cash flows do not change and does not take into account embedded call options.

YTM: Yield to Maturity is calculated to the redemption date based on the yield price and not on current market price.

Yield at purchase is the yield to worst based on original price and purchase date.

Weighted avg coupon: Weighted average coupon at the subtotal and total levels is the weighted average coupon that has been calculated based on the market value of the securities within that grouping.

Weighted avg maturity: Weighted average maturity is a measure of the overall maturity of the fixed income securities in a portfolio. The higher the weighted average maturity the longer it takes for all these securities in the portfolio to mature.

Term: Short-term bonds have effective maturities of five years or less, intermediate bonds have effective maturities between five and ten years; and long-term bonds have maturities of ten years or longer. Income from tax exempt bonds is generally free from federal and state taxes for residents of the issuing state. While the interest income is tax-free, capital gains if any are subject to taxes. Income of certain tax-exempt bonds may be subject to the Federal Alternative Minimum Tax (AMT).

Credit Quality Ratings: Bond rating firms, such as Moody’s and Standard & Poor's, use different designations consisting of upper- and lower-case letters 'A' and 'B' to identify a bond's credit quality rating. 'AAA' and 'AA' (high credit quality) and 'A' and 'BBB' (medium credit quality) are CITY OF MALIBU | April 01, 2026 Page 20 of 21
47 considered investment grade. Credit ratings for bonds below these designations ('BB', 'B', 'CCC', etc.) are considered low credit quality, and are commonly referred to as junk bonds.

Fixed Income Analysis
All yields, durations and convexities are calculated at the 'Yield Price' listed on the report. The calculations are updated approximately once per month.

Should there be significant changes in interest rates we will update the calculations more frequently.

Enhancements used for this analysis may include Bond Insurance, Federal Deposit Insurance Corporation (FDIC) and escrowed collateral on refunded bonds (typically in US Government securities). The terms of enhancements vary and assumptions cannot be made as to specific issuers or issues. This report is not meant to indicate that 'non-enhanced' securities are of lesser credit quality than those with secondary credit enhancement. Insurance pertains to the timely payment of principal and interest by the issuer of the underlying securities and not the price of the bond, which will fluctuate prior to maturity.

Types of enhancements may include but are not limited to:

Pre-ref - Indicates that the security has been pre-refunded, is collateralized (typically in US Government Securities) and is scheduled to be redeemed at the stated redemption date.

ETM - Indicates that the security has been escrowed to maturity (collateralized, typically in U.S. Government securities).

FDIC - Federal Deposit Insurance Corporation
MBIA - Municipal Bond Insurance Association
FGIC - Financial Guaranty Insurance Company
AMBAC - American Municipal Bond Assurance Corporation
Assured Gty. - Assured Guaranty Corp.

BHAC - Berkshire Hathaway Assurance
AGM(f.FSA) - Assured Guaranty Municipal Corp.

AGC - Assured Guaranty Corp.

NATL-RE(f.MBIA) - National Public Finance Guaranty Corp. (MBIA's public finance subsidiary)
Syncora(f.XLCA) - Syncora Guarantee (Formerly XL Capital Assurance) PSF - Permanent School Fund
BAM - Build America Mutual Assurance Corp.

Q-SBLF - Qualified School Bond Loan Fund
ACA - ACA Financial Guaranty Corp.

FHA - Federal Housing Administration
FHLMC - Federal Home Loan Mortgage Corp.

FNMA - Federal National Mortgage Association
GNMA - Government National Mortgage Association
SECT8 - Section 8
CITY OF MALIBU | April 01, 2026 Page 21 of 21
48

Page 1 of 2 ends

Agenda Item # 1.B.5.

Council Agenda Report
To: Mayor Silverstein and the Honorable Members of the City Council Prepared by: Kate Manisco, Community Services Deputy Director Reviewed by: Kristin Riesgo, Community Services Director Approved by: Joseph Irvin, City Manager
Date prepared: May 5, 2026 Meeting date: May 26, 2026
Subject: Jake Kuredjian Citizenship Award
RECOMMENDED ACTION: At the recommendation of the Parks and Recreation Commission, approve the nomination of Malibu Equestrian Group, consisting of Beth Cadwallader, Bonnie Decker, Denise DeGarmo, Larry and Lori Gray, Tally Hutcherson, Gina McCloskey, and Erin Sinclair, as the 2026 Jake Kuredjian Citizenship Award recipients.

FISCAL IMPACT: No additional appropriation is required. Funding for the recognition is included in the Adopted Budget for FY 2025-26 in Account Numbers 100-4001-6160-00 (General Recreation Operating Supplies) and 100-4001-5401-00 (General Recreation Advertising & Noticing).

STRATEGIC PRIORITY: N/A.

DISCUSSION: Council created the Jake Kuredjian Citizenship Award in 2002 to recognize outstanding individuals or groups who give their time and resources to enhance the quality of parks and recreation within the Malibu community. The award was created in honor of Los Angeles County Sheriff's Deputy Hagop "Jake" Kuredjian, who was killed in the line of duty on August 31, 2001, after 17 years of service. Deputy Kuredjian was presented the Gold Meritorious Conduct Medal in 1989 for rescuing a woman from a cliff in Malibu.

Past recipients of the Jake Kuredjian Citizenship Award demonstrated a strong commitment to and involvement in recreation in Malibu while showing a high level of citizenship within the community (Attachment).

City Council Meeting
05-26-26
Item

1.B.5.
1

Page 2 of 2 ends

Agenda Item # 1.B.5.

On April 21, 2026, the Parks and Recreation Commission unanimously approved the Malibu Equestrian Group to receive the 2026 award. Several members of the equestrian community were nominated to receive this year’s award.

Equestrian culture in Malibu has deep historical roots, dating back to the era of the Chumash people and the early ranching period. Organized riding groups such as Trancas Riders & Ropers helped bring the horse community together while preserving Malibu’s identity. The equestrian legacy continues through a network of riders, clubs, and volunteers who work to maintain trails, organize events, and advocate for equestrian access. Local equestrians contribute hours to trail maintenance, education, and community programs that teach horsemanship and connect residents to nature, ensuring that horseback riding remains a valued part of Malibu’s culture. Their efforts help sustain not just recreational riding, but also a broader sense of community identity tied to open land, shared spaces, and relationships between people and horses in the region.

Council is asked to approve the Parks and Recreation Commission's recommendation to approve the Malibu Equestrian Group of Beth Cadwallader, Bonnie Decker, Denise DeGarmo, Larry and Lori Gray, Tally Hutcherson, Gina McCloskey, and Erin Sinclair for the 2026 Jake Kuredjian Citizenship Award. If approved, the City will present the award to the recipients at an upcoming Regular meeting and acknowledge them on the website, social media accounts, and local newspaper.

ATTACHMENT: Jake Kuredjian Citizenship Award Recipients 2 City of Malibu
Jake Kuredjian Citizenship Award Recipients
ATTACHMENT 1
2002
Ron Bloomfield
Joel Castro
Doug O’Brien
Jill & Harold Smith
Maud Ann Sunderland
2004
Jack Schultz “Papa Jack”
2005
Tim Biglow
Danny Klein
Nick Tidy
2007
Mike Doyle
Steve Rodriguez
James Whalen
Bruce Young
2008
John Paola
2012
Dermot Stoker
2013
Michael Zweig
2014
Steve Ciniglio
2015
Joan House
2017
Bob Stallings
2018
Mike Mulligan
Justine Petretti
2019
Kasey Earnest
Steve Hotchkiss
2020
John Bell
Ellen Reich
2021
Sandy Banducci
Rob LeMond
2022
Richard Lawson
Judy Villablanca
2023
Sara Wan
2024
Shari Latta
Poison Free Malibu
2025
Suzanne Guldimann
Andy Lyon
Nick Shurgot
3

Page 1 of 2 ends

Agenda Item # 1.B.6.

Council Agenda Report
To: Mayor Silverstein and the Honorable Members of the City Council Prepared by: Renée Neermann, Financial Controller
Reviewed by: Christopher Smith, Assistant City Manager
Approved by: Joseph Irvin, City Manager
Date prepared: May 14, 2026 Meeting date: May 26, 2026
Subject: Fiscal Year 2025-26 Third Quarter Financial Report RECOMMENDED ACTION: Receive and file the Fiscal Year (FY) 2025-26 Third Quarter Financial Report.

FISCAL IMPACT: There is no fiscal impact associated with the recommended action. As of March 31, 2026, the projected General Fund Unassigned Reserve at June 30, 2026, is $48.6 million.

STRATEGIC PRIORITY: This item is part of the day-to-day operations identified in the Adopted FY 2025-26 Strategic Priority Project List.

DISCUSSION: The attached report provides revenue, expenditure and fund balance totals for the third quarter of FY 2025-26.

The Revenues by Fund Report reflects General Fund revenues received of $35.3 million or 55.7% of the amended budgeted amount for the fiscal year. Total revenue for all funds received through the third quarter is $43.3 million or 50.2% of the amended budgeted amount for the fiscal year. Many revenue sources are received on a quarterly or annual basis, creating a lag in receipt, and as such, will be reflected when the year-end report is presented. For example, property taxes are remitted by the County after they are paid by property owners in December and April; Property Tax – In Lieu payments typically come at the end of the year; and Transient Occupancy Tax – Private Rentals is remitted quarterly. Sales Tax is remitted quarterly to the State and then passed along to the City.

The level of revenues to date for the third quarter is consistent with past year’s performance.

City Council Meeting
05-26-26
Item

1.B.6.
1

Page 2 of 2 ends

Agenda Item # 1.B.6.

The Expenditure by Fund Report reflects any budget carryovers from FY 2024-25, as well as the appropriations approved by the City Council for the current fiscal year in the Amended Budget column. Budget Adjustments, Carryovers and Council Appropriations total $12.4 million as of March 31, 2026. General Fund expenditures for the third quarter total $54.5 million or 54.5% of the amended budget. Expenditures for all funds total $62.9 million or 51.3% of the amended budget.

Projected Fund Balances for the end of the fiscal year are reflected on page A-13. The projected Unassigned Fund Balance at June 30, 2026, includes all expenses appropriated as of March 31, 2026, by the Council. The City ended FY 2024-25 with $56.7 million in the Unassigned General Fund Reserve. As of March 31, 2026, the projected General Fund Unassigned Reserve at June 30, 2026, is $48.6 million. This includes the use of $6.5 million in Contingency that was available at the discretion of the Council and was used to support the City’s disaster recovery efforts following the Broad and Palisades Fires.

Third Quarter Budget Amendments
The Revenue and Expenditure amendments for this period are corrections and detailed on pages A-5 and A-11 through A-12, respectively.

The only adjustment for Q3 pertains to Citizens Option for Public Safety (COPS) grant proceeds. This is revenue granted from the state General Fund for supplemental public safety services and is used to fund the City’s Public Safety Department operations, including front-line law enforcement. A reduction in revenue of $75,000 has been recorded at October 31, 2025, to reflect actual revenue received.

ATTACHMENTS: Fiscal Year 2025-26 Third Quarter Financial Report 2 Object Description
2024-25
Adopted
Amended
Budget
Actual thru
03/31/2025
Percentage
Received
2024-25
Estimated
100, 101, 102 & 103 General Fund
3111 Current Year Secured Property Tax $ 16,572,995 $ 16,572,995 $ 9,011,228 54.4% 16,000,000 $ 3112 Current Year Unsecured Property Tax 425,000 425,000 524,753 123.5% 525,000 3113 Homeowner's Exemption 60,000 60,000 29,988 50.0% 60,000 3114 Prior Year Secured Property Tax - - - 0.0% -
3115 Prior Year Unsecured Property Tax - - 20,048 0.0% 20,048 3118 Property Tax In-Lieu 2,479,250 2,897,976 1,448,988 50.0% 2,897,976 Revenue from Property Taxes 19,537,245 19,955,971 11,035,005 55.3% 19,503,024 3131 Documentary Transfer Tax 1,200,000 1,200,000 601,355 50.1% 787,017 3132 Utility User's Tax 3,000,000 3,000,000 1,758,831 58.6% 2,645,617 3133 Transient Occupancy Tax - Hotels and Motels 3,700,000 3,700,000 1,796,460 48.6% 2,482,201 3133-01 Transient Occupancy Tax - Private Rentals 5,800,000 5,800,000 2,391,666 41.2% 3,021,134 3134 Franchise Fees 750,000 750,000 201,827 26.9% 874,960 3137 Sales and Use Tax 8,900,000 8,900,000 5,383,518 60.5% 8,229,162 3138 Parking Occupancy Tax 450,000 450,000 316,116 70.2% 396,485 Revenue From Other Taxes 23,800,000 23,800,000 12,449,773 52.3% 18,436,576 3201 Alarm Permits 30,000 30,000 14,646 48.8% 17,703
3202 Film Permits 450,000 450,000 205,018 45.6% 289,373 3203 Building Permits 1,200,000 1,200,000 870,728 72.6% 1,070,029 3203-01 Code Enforcement - Special Investigations 21,000 21,000 8,795 41.9% 9,595 3204 Wastewater Treatment System Permits 40,000 40,000 44,578 111.4% 56,019 3205 Plumbing Permits 170,000 170,000 149,475 87.9% 192,537 3207 Mechanical Permits 120,000 120,000 92,411 77.0% 118,994 3208 Electrical Permit Fees 280,000 280,000 225,924 80.7% 288,991 3209 Grading/Drainage Permit Fees 90,000 90,000 97,773 108.6% 124,196 3210 Miscellaneous Permits 10,000 10,000 4,809 48.1% 5,481 3418 OWTS Operating Permit Fees 450,000 450,000 384,550 85.5% 461,501 3420 Parking Permits 1,000 1,000 384 38.4% 800
3421 Planning Review Fees 1,200,000 1,200,000 861,656 71.8% 1,059,125 Revenue From Licenses and Permits 4,062,000 4,062,000 2,960,747 72.9% 3,694,344 3250 Parking Citation Fines 2,050,000 2,050,000 1,352,270 66.0% 1,765,980 Revenue From Fines and Forfeitures 2,050,000 2,050,000 1,352,270 66.0% 1,765,980 3316 Motor Vehicle In-Lieu Fees 13,000 13,000 16,927 130.2% 20,005 3318 Street Sweeping Reimbursements 50,000 50,000 - 0.0% 50,000 3313/3341 FEMA/OES Reimbursements 2,357,327 2,938,129 1,134,973 38.6% 669,667 3373 Proposition A Recreation - - - 0.0% -
3383 Measure A Recreation - - - 0.0% -
3381 LA County EWMP Reimbursement - - 19,766 0.0% 19,766 Revenue From Other Governments 2,420,327 3,001,129 1,171,666 39.0% 759,438 3408 Biology Review Fees 235,000 235,000 160,714 68.4% 201,008 3409 Document Retention Fees 20,000 20,000 18,795 94.0% 23,017 3410 Building Plan Check Fees 1,200,000 1,200,000 634,870 52.9% 791,479 3410-01 Administrative Plan Check Processing Fee 45,000 45,000 59,165 131.5% 71,547 3410-03 Building Plan Check Fees - Dark Sky 650,000 650,000 0.0% - - 3410-04 Building Plan Check Fees - Exterior Elevated Elements 500,000 500,000 - 0.0% - 3411 Inspector Plan Check Fees 200,000 200,000 176,643 88.3% 201,799 3412 Geo Soils Engineering Fees 1,000,000 1,000,000 639,565 64.0% 798,218 3413 Other Plan Check Fees 35,000 35,000 37,912 108.3% 55,523 3414 Environmental Health Review Fees 550,000 550,000 302,029 54.9% 367,851 3415 Grading/Drainage Plan Review Fees 5,000 70,000 67,038 95.8% 76,029 3416 Code Enforcement Investigation Fees 80,000 80,000 49,100 61.4% 59,378 3419 Credit Card Fees 145,000 145,000 102,558 70.7% 124,498 3422 OWTS Practitioners Fees 8,000 8,000 4,675 58.4% 6,600 3425 CA Building Standards Surcharge 1,600 1,600 2,409 150.6% 3,217 3427 Technology Enhancement Fee 95,000 95,000 100,899 106.2% 126,370

REVENUES BY FUND
March 31, 2025
A1
Attachment 1
3 Object Description
2024-25
Adopted
Amended
Budget
Actual thru
03/31/2025
Percentage
Received
2024-25
Estimated

REVENUES BY FUND
March 31, 2025
General Fund (Continued)
3431 Public Works/Engineering Fees 375,000 375,000 287,052 76.5% 369,850 3432 WQMP Fees 35,000 35,000 26,938 77.0% 29,387
3434-01 Short-Term Rental Permit Fee 150,000 150,000 88,605 59.1% 104,220 3434-02 Short-Term Rental Violation Fines 2,000 2,000 13,812 690.6% 15,068 3435 Admin Permit Processing Fees 75,000 75,000 93,040 124.1% 114,175 3436 Electric Vehicle Charger Fees 4,000 4,000 4,031 100.8% 5,152 3441 Sale of Publications and Materials 50 50 - 0.0% -
3444 Returned Check Service Fees 200 200 240 120.0% 320 3446 Vehicle Impound Release Fees 75,000 75,000 39,714 53.0% 45,000 3447 Election Fees 1,000 1,000 2,090 209.0% 1,245
3448 Subpoena Fees 3,000 3,000 455 15.2% 750
3449 False Alarm Service Charge 2,000 2,000 399 20.0% 400 3450 Residential Decals 500 500 525 105.0% 650
3461 Municipal Facility Use Fees 80,000 80,000 71,765 89.7% 79,064 3464 Sports Program Fees 52,000 52,000 12,870 24.8% 15,295 3464-01 Girls Youth Sports 7,000 7,000 - 0.0% -
3466 Aquatics Program 202,000 202,000 87,500 43.3% 101,367 3467 Day Camp 75,000 75,000 30,412 40.5% 34,929
3468 Senior Adult Program 33,000 33,000 12,570 38.1% 16,233 3469 Skate Park 40,000 40,000 9,520 23.8% 11,070
3470 Recreation/Community Class Registration 85,000 85,000 24,600 28.9% 35,831 3471/3472 Special Events 7,500 7,500 3,775 50.3% 4,118
Revenue From Service Charges 6,073,850 6,138,850 3,166,285 51.6% 3,890,658 3501 Interest Earnings 3,500,000 3,500,000 2,326,023 66.5% 3,147,187 3505 City Hall Use Fees 20,000 20,000 17,182 85.9% 20,000 Use of Money and Property 3,520,000 3,520,000 2,343,205 66.6% 3,167,187 3342 Insurance Reimbursements - 10,000 10,000 0.0% 10,000 3600 Proceeds from Grants 300,000 554,490 298,526 53.8% 554,490 3602 Proposition A Transportation Funds Exchange - - 0.0% - - 3901 Settlements - 90,000 90,000 0.0% 124,432
3902 Legal Fees - - 0.0% - -
3904 TOT Private Rental Penalties - - 775 0.0% 14,623
3905 Miscellaneous Reimbursements 15,000 15,000 12,515 83.4% 39,837 3920 Donations - - 0.0% - -
3940 Sale of Surplus Property - 2,655 2,035 0.0% 2,655
3930/3943 Miscellaneous Revenue 10,000 10,000 5,922 59.2% 5,977 Miscellaneous Revenue 325,000 682,145 419,773 61.5% 752,014 Total General Fund 61,788,422 63,210,095 34,898,724 55.2% 51,969,221 Special Revenue Funds
201 Gas Tax Fund
3315 Highway User's Fees 293,789 293,789 211,793 72.1% 305,415 3501 Interest Earnings 13,000 13,000 4,766 36.7% 6,355
Total Gas Tax Fund 306,789 306,789 216,559 70.6% 311,770 202 Traffic Safety Fund
3312 Fines & Forfeitures 200,000 200,000 162,233 81.1% 249,975 3501 Interest Earnings 39,000 39,000 13,715 35.2% 18,287 Total Traffic Safety Fund 239,000 239,000 175,948 73.6% 268,262 A2
4 Object Description
2024-25
Adopted
Amended
Budget
Actual thru
03/31/2025
Percentage
Received
2024-25
Estimated

REVENUES BY FUND
March 31, 2025
203 Proposition A Fund
3371 Prop A Funds 295,667 295,667 207,013 70.0% 261,753 3501 Interest Earnings 158,000 158,000 28,824 18.2% 38,432 Total Proposition A Fund 453, 453,667 667 235,837 52.0% 300,185 204 Proposition C Fund
3372 Prop C Funds 245,248 245,248 171,712 70.0% 217,256 3501 Interest Earnings 58,000 58,000 14,178 24.4% 18,904 Total Proposition C Fund 303, 303,248 248 185,890 61.3% 236,160 205 Measure R Fund
3374 Measure R Funds 183,936 183,936 128,761 70.0% 164,419 3501 Interest Earnings 44,000 44,000 10,552 24.0% 14,069 Total Measure R fund 227,936 227,936 139,313 61.1% 178,488 206 Air Quality Management Fund
3377 AQMD Funds 15,000 20,000 6,975 34.9% 13,575
3501 Interest Earnings 24,000 24,000 6,888 28.7% 9,184
Total Air Quality Management Fund 39,000 44,000 13,863 31.5% 22,759 207 Solid Waste Management Fund
3311 Solid Waste Management Surcharge 120,000 120,000 31,594 26.3% 43,740 3434 Recycling Fees 18,150 18,150 10,273 56.6% 18,150
3501 Interest Earnings 3,000 3,000 386 12.9% 515
3600 Grant Proceeds 80,000 80,000 80,000 100.0% 85,000
Total Solid Waste Management Fund 221,150 221,150 122,253 55.3% 147,405 208 Parkland Development Fund
3135 Parkland Development Fees 20,000 20,000 4,968 24.8% 4,968 3501 Interest Earnings 26,000 26,000 7,398 28.5% 9,864
Total Park Development Fund 46,000 46,000 12,366 26.9% 14,832 209 Quimby Fund
3501 Interest Earnings 1,000 1,000 163 16.3% 217
Total Quimby Fund 1,000 1,000 163 16.3% 217
211 COPS (Brulte) Grant Fund
3600 Proceeds From Grants (Brulte) 175,000 194,663 194,663 100.0% 194,663 Total COPS (Brulte) Fund 175,000 194,663 194,663 100.0% 194,663 212 Measure M Funds
3375 Measure M Funds 208,461 208,461 145,956 70.0% 185,121 3501 Interest Earnings 67,000 67,000 20,516 30.6% 27,355 Total Measure M Fund 275,461 275,461 166,472 60.4% 212,476 213 Road Maintenance and Rehabilitation Act (RMRA) Fund 3319 SB1 Annual Allocation 257,109 257,109 170,748 66.4% 271,076 3501 Interest Earnings 97,000 97,000 26,653 27.5% 35,537 Total RMRA Fund 354,109 354,109 197,401 55.7% 306,613
214 Art in Public Places Fund
3135 Art in Public Places Fees - - 0.0% - -
3501 Interest Earnings 6,000 6,000 1,522 25.4% 2,029
Total Art in Public Places Fund 6,000 6,000 1,522 25.4% 2,029 Special Revenue Funds (Continued)
A3
5 Object Description
2024-25
Adopted
Amended
Budget
Actual thru
03/31/2025
Percentage
Received
2024-25
Estimated

REVENUES BY FUND
March 31, 2025
215 Community Development Block Grant Fund
3320/3320-01 Proceeds From Grants 65,276 65,276 15,495 23.7% 139,341 Total Comm. Dev. Block Grant Fund 65,276 65,276 15,495 23.7% 139,341 218 Measure W - LA County Stormwater Fund
3379 Measure W Annual Allocation 380,000 380,000 0.0% 380,000 - 3501 Interest Earnings 85,000 85,000 32,841 38.6% 43,788 Total Measure W - LA County Stormwater 465,000 465,000 32,841 7.1% 423,788 225 Grants Fund
3376 TDA 33,800 - 0.0% - -
3600 Proceeds From Grants 10,758,587 11,133,587 (5,287,140) -47.5% 7,592,968 Total Grants Fund 10,792,387 11,133,587 (5,287,140) -47.5% 7,592,968 290 Big Rock LMD Fund
3116 Big Rock Mesa Assessment 370,837 370,837 221,295 59.7% 370,837 3501 Interest Earnings 17,000 17,000 7,279 42.8% 9,705
Total Big Rock LMD Fund 387,837 387,837 228,574 58.9% 380,542 291 Malibu Road LMD Fund
3116 Malibu Road Assessment 67,238 67,238 42,116 62.6% 67,238 3501 Interest Earnings 8,000 8,000 2,406 30.1% 3,208
Total Malibu Road LMD Fund 75,238 75,238 44,522 59.2% 70,446 292 Calle Del Barco LMD Fund
3116 Calle Del Barco Assessment 85,673 85,673 45,178 52.7% 85,673 3501 Interest Earnings 14,000 14,000 4,329 30.9% 5,772
Total Calle Del Barco LMD Fund 99,673 99,673 49,507 49.7% 91,445 715 Civic Center Water Treatment Facility AD
3501 Interest Earnings 563,000 563,000 257,804 45.8% 343,739 3915 Civic Center Water Treatment Facility AD 2,587,519 2,587,519 1,269,672 49.1% 2,587,519 Total Civic Ctr Water Treatment Facility AD 3,150,519 3,150,519 1,527,476 48.5% 2,931,258 517 Civic Center Water Treatment Facility - Phase Two
3501 Interest Earnings 341,000 341,000 87,520 25.7% 116,693 3950 CCWTF - Phase Two Construction - Bond Proceeds - - 0.0% - - 2080 CCWTF - Phase Two Contributions - - 0.0% - -
Total Civic Ctr Water Treatment Facility AD 341,000 341,000 87,520 25.7% 116,693 712 Carbon Beach Undergrounding CFD Fund
3915 Carbon Beach Undergrounding Assessment 231,507 231,507 129,766 56.1% 231,507 3501 Interest Earnings 28,000 28,000 6,995 25.0% 9,327
Total Carbon Beach Undergrounding CFD 259,507 259,507 136,761 52.7% 240,834 713 Broad Beach Assessment District
3915 Broad Beach Undergrounding Assessment 143,583 143,583 86,468 60.2% 143,583 3501 Interest Earnings 15,000 15,000 8,009 53.4% 10,679 Total Broad Beach Undergrounding AD 158,583 158,583 94,477 59.6% 154,262 Total Special Revenue Funds 18,443,380 18,809,243 (1,407,717) -7.5% 14,337,436 Special Revenue Funds (Continued)
A4
6 Object Description
2024-25
Adopted
Amended
Budget
Actual thru
03/31/2025
Percentage
Received
2024-25
Estimated

REVENUES BY FUND
March 31, 2025
500 Legacy Park Project Fund
3501 Interest Earnings 143,000 143,000 45,098 31.5% 60,131 3505 Proceeds from Rent 1,623,378 1,568,195 1,185,970 75.6% 1,568,195 3373 Prop A Recreation - - - 0.0% -
3383 Measure A Recreation - - - 0.0% -
3905 Miscellaneous Reimbursements 150,000 150,000 18,637 12.4% 150,000 3943 Other Miscellaneous Revenue - - 796 n/a 796
Total Legacy Park Project Fund 1, 1,861,195 916,378 1,250,501 67.2% 1,779,122 Total Legacy Park Project Fund 1, 916,378 1,861,195 1,250,501 67.2% 1,779,122 515 Civic Center Wastewater Treatment Facility O&M
3501 Interest Earning 24,000 24,000 3,760 15.7% 5,013
3510 Sewer Service Fees 2,300,000 2,300,000 923,526 40.2% 1,815,591 3915 Contributions-Property Owners - - 0.0% - -
Total CCWTF O&M 2,324,000 2,324,000 927,286 39.9% 1,820,604 Total CCWTF O&M Funds 2,324,000 2,324,000 927,286 39.9% 1,820,604 601 Vehicle Fund
3501 Interest Earnings 29,000 29,000 7,392 25.5% 9,856
3951 Vehicle Charges 150,000 150,000 75,000 50.0% 150,000 Total Vehicle Fund 179,000 179,000 82,392 46.0% 159,856 602 Information Technology Fund
3501 Interest Earnings 1,000 1,000 0.0% 1,000 -
3952 Information Technology Charges 1,243,336 1,243,336 614,210 49.4% 1,228,420 Total Information Technology Fund 1,244,336 1,244,336 614,210 49.4% 1,229,420 Total Internal Service Funds 1,423,336 1,423,336 696,602 48.9% 1,389,276 Total Revenue - All Funds $ 85,895,516 $ 87,627,869 $ 36,365,396 41.5% 71,295,659 $ Total 2024-25 Adopted budget: $ 85,895,516
Account Description Amount
100-0000-3600-00 Hazardous Tree Removal Grant Proceeds from Grants Budget Carryover 254,490 7/1/2024 102-0000-3313-00 CalOES Disaster Funding OES Reimbursement Budget Correction 580,802 7/1/2024 206-0000-3377-00 Air Quality Management Fund - Purchase of Electric Gator AQMD Budget Correction 5,000 7/1/2024 225-9059-3600-00 CIP 9059 - PCH Median Improvements Proceeds from Grants Budget Correction (85,000) 7/1/2024 225-9097-3600-00 CIP 9097 - Bluffs Park South Walkway Proceeds from Grants Budget Correction (33,800) 7/1/2024 211-0000-3600-00 COPS (Brulte) Grant Proceeds Proceeds from Grants Budget Adjustment 19,663 10/31/2024 225-0000-3600-00 Office of Traffic Safety Grant Proceeds from Grants Council Appropriation 460,000 10/28/2024 500-0000-3505-06 Super Care Drugs - Lease Amendment No. 3 Rent Council Adjustment (41,167) 11/12/2024 500-0000-3505-01 Malibu Coast Animal Hospital - Lease Admendment No. 1 Rent Council Adjustment (14,016) 11/12/2024 100-0000-3118-00 Motor Vehicle In-lieu Fees Mid-year Amendment 418,726 12/31/2024 100-0000-3342-00 Insurance Reimbursement Mid-year Amendment 10,000 12/31/2024 100-0000-3940-00 Sale of Surplus Property Mid-year Amendment 2,655 12/31/2024 100-0000-3901-00 Settlement Reimbursements Mid-year Amendment 90,000 12/31/2024 101-0000-3415-00 Grading/Drainage Plan Review Fees Mid-year Amendment 65,000 12/31/2024 100-0000-3941-00 Stormwater Treatment Facilities Mid-year Amendment (40,000) 12/31/2024 101-0000-3941-00 Clean Water Program (142,469) Mid-year Amendment 12/31/2024 218-0000-9100-00 Measure W LA County Stormwater Fund Mid-year Amendment 40,000 12/31/2024 218-0000-9100-00 Measure W LA County Stormwater Fund Mid-year Amendment 142,469 12/31/2024 Total Amendments 1,732,353
Total Amendment Budget $ 87,627,869
Internal Service Funds
Reconciliation of adopted to amended budget
A5
7 Adopted Budget Amended
Budget (1)
Actual thru
03/31/2025 % Spent 2024-25 Estimated
General Fund
Management and Administration
7001 City Council
Salaries & Benefits 96,642 $ 96,642 $ 66,085 $ 68.4% 96,644 $ Operating 1,094,190 1,094,190 884,907 80.9% 1,340,676
Total City Council 1,190,832 1,190,832 950,992 79.9% 1,437,320 7002 Media Operations
Salaries & Benefits 404,470 404,470 241,166 59.6% 295,948 Operating 332,444 657,444 318,510 48.4% 595,220
Total Media 736,914 1,061,914 559,676 52.7% 891,168
7003 City Manager
Salaries & Benefits 803,689 829,459 556,418 67.1% 876,038 Operating 387,792 282,792 119,438 42.2% 206,642
Total City Manager 1,191,481 1,112,251 675,856 60.8% 1,082,680 7005 Legal Counsel
Salaries & Benefits - - - n/a -
Operating 1,113,000 1,113,000 946,491 85.0% 1,579,952
Total Legal Counsel 1,113,000 1,113,000 946,491 85.0% 1,579,952 7054 Finance
Salaries & Benefits 1,003,385 1,003,385 661,759 66.0% 855,415 Operating 1,004,356 1,004,356 468,741 46.7% 757,586
Total Finance 2,007,741 2,007,741 1,130,500 56.3% 1,613,001 7058 Human Resources
Salaries & Benefits 431,518 431,518 325,564 75.4% 438,584 Operating 453,594 453,594 173,828 38.3% 332,966
Total Human Resources 885,112 885,112 499,392 56.4% 771,550 7059 Non Departmental Services
Salaries & Benefits 74,428 74,428 56,687 76.2% 75,227
OPEB/Retiree Health/Unfunded Liability 1,245,348 1,532,579 1,453,836 94.9% 1,558,406 Operating 2,243,076 2,243,076 1,237,187 55.2% 1,596,296 Total Non Departmental Services 3,562,852 3,850,083 2,747,710 71.4% 3,229,929 103-9050 City Hall
Salaries & Benefits 157,394 157,394 126,942 80.7% 165,515 Operating 1,321,008 1,321,008 595,111 45.0% 917,989
Total City Hall 1,478,402 1,478,402 722,053 48.8% 1,083,504 9088 Vacant Land
Salaries & Benefits - - 0.0% - -
Operating 502,700 502,700 302,209 60.1% 387,594
Total Vacant Land 502,700 502,700 302,209 60.1% 387,594 9050/9074/9088 Debt Service (City Hall / Trancas / Vacant Land) 3,174,326 3,174,326 2,150,913 67.8% 3,174,326 3,174,326 3,174,326 2,150,913 67.8% 3,174,326
Total Management & Administration 15,843,360 16,376,361 10,685,792 65.3% 15,251,024 City Clerk
7007 City Clerk
Salaries & Benefits 520,580 529,904 358,735 67.7% 485,648 Operating 226,693 226,693 116,511 51.4% 201,456
Total City Clerk 747,273 756,597 475,246 62.8% 687,104
Total City Clerk 747,273 756,597 475,246 62.8% 687,104

EXPENDITURES BY FUND
March 31, 2025
A6
8 Adopted Budget Amended
Budget (1)
Actual thru
03/31/2025 % Spent 2024-25 Estimated

EXPENDITURES BY FUND
March 31, 2025
General Fund (Continued)
Public Safety
7021 Public Safety Services
Salaries & Benefits 824,560 824,560 539,634 65.4% 727,215 Operating 15,764,994 15,899,994 9,355,151 58.8% 13,923,885 Total Public Safety 16,589,554 16,724,554 9,894,785 59.2% 14,651,100 Total Public Safety 16,589,554 16,724,554 9,894,785 59.2% 14,651,100 Community Services
4001 General Recreation
Salaries & Benefits 662,541 662,541 485,246 73.2% 633,580 Operating 194,773 204,199 103,818 50.8% 176,018
Total General Recreation 857,314 866,740 589,064 68.0% 809,598 4002 Aquatics
Salaries & Benefits 308,559 308,559 184,818 59.9% 236,019 Operating 124,870 124,870 62,685 50.2% 96,139
Total Aquatics 433,429 433,429 247,503 57.1% 332,158
4003 Outdoor Recreation
Salaries & Benefits 39,177 39,177 30,551 78.0% 40,451
Operating 17,424 17,424 8,304 47.7% 9,575
Total Outdoor Recreation 56,601 56,601 38,855 68.6% 50,026 4004 Day Camps
Salaries & Benefits 63,664 63,664 41,267 64.8% 52,129
Operating 62,500 62,500 53,808 86.1% 66,475
Total Day Camps 126,164 126,164 95,075 75.4% 118,604
4005 Skate Park
Salaries & Benefits 39,690 39,690 19,352 48.8% 24,775
Operating 103,515 103,515 58,350 56.4% 67,706
Total Skate Park 143,205 143,205 77,702 54.3% 92,481
4006 Sports
Salaries & Benefits 98,601 98,601 61,412 62.3% 71,993
Operating 46,910 46,910 16,596 35.4% 22,391
Total Sports 145,511 145,511 78,008 53.6% 94,384
4007 Community Programs
Salaries & Benefits 93,945 93,945 44,228 47.1% 56,647
Operating 80,785 80,785 31,816 39.4% 46,947
Total Community Programs 174,730 174,730 76,044 43.5% 103,594 4008 Senior Adult Programs
Salaries & Benefits 112,079 112,079 84,765 75.6% 112,356 Operating 115,897 115,897 47,193 40.7% 82,135
Total Senior Adult Programs 227,976 227,976 131,958 57.9% 194,491 4010 Park Maintenance
Salaries & Benefits 315,922 315,922 219,651 69.5% 288,278 Operating 1,532,314 1,532,314 654,735 42.7% 1,019,977
Total Park Maintenance 1,848,236 1,848,236 874,386 47.3% 1,308,255 4011 Special Events
Salaries & Benefits 142,064 142,064 87,268 61.4% 106,234 Operating 184,032 184,032 49,402 26.8% 72,059
Total Special Events 326,096 326,096 136,670 41.9% 178,293 4012 Malibu Arts
Salaries & Benefits 155,364 155,364 105,521 67.9% 135,957 Operating 87,617 87,617 34,145 39.0% 58,059
Total Malibu Arts 242,981 242,981 139,666 57.5% 194,016 Total Community Services 4,582,243 4,591,669 2,484,931 54.1% 3,475,900 A7
9 Adopted Budget Amended
Budget (1)
Actual thru
03/31/2025 % Spent 2024-25 Estimated

EXPENDITURES BY FUND
March 31, 2025
General Fund (Continued)
Environmental & Sustainability Development
2004 Building Safety & Sustainability
Salaries & Benefits 1,886,667 1,886,667 1,123,543 59.6% 1,402,296 Operating 4,422,673 4,422,673 1,287,877 29.1% 2,383,612 Total Building Safety & Sustainability 6,309,340 6,309,340 2,411,420 38.2% 3,785,908 2010 Wastewater Management
Salaries & Benefits 280,509 280,509 189,990 67.7% 247,441 Operating 330,695 330,695 136,050 41.1% 226,887
Total Wastewater Management 611,204 611,204 326,040 53.3% 474,328 3003 Clean Water Program
Salaries & Benefits 544,730 544,730 268,916 49.4% 327,363 Operating 1,061,143 1,061,143 567,715 53.5% 1,311,388
Total Clean Water Program 1,605,873 1,605,873 836,631 52.1% 1,638,751 3004 Solid Waste Management
Salaries & Benefits 359,879 359,879 166,648 46.3% 206,865 Operating 157,195 157,195 61,337 39.0% 104,546
Total Solid Waste Management 517,074 517,074 227,985 44.1% 311,411 Total Env. & Sustainability Development 9,043,491 9,043,491 3,802,076 42.0% 6,210,398 Planning Deparment
2001 Planning
Salaries & Benefits 3,313,231 3,313,231 1,733,145 52.3% 2,282,075 Operating 2,113,752 2,121,752 1,094,807 51.6% 1,587,251 Total Planning 5,426,983 5,434,983 2,827,952 52.0% 3,869,326 2012 Code Enforcement
Salaries & Benefits 692,024 698,024 586,406 84.0% 727,612 Operating 181,490 181,490 38,595 21.3% 97,272
Total Code Enforcement 873,514 879,514 625,001 71.1% 824,884 Total Planning Department 6,300,497 6,314,497 3,452,953 54.7% 4,694,210 Public Works/Engineering
3001 Street Maintenance
Salaries & Benefits 492,640 492,640 343,565 69.7% 459,565 Operating 2,334,476 3,463,136 923,264 26.7% 3,145,422
Total Street Maintenance 2,827,116 3,955,776 1,266,829 32.0% 3,604,987 3005 Fleet Operations
Salaries & Benefits - - 0.0% - 99,997
Operating 185,000 330,000 213,590 64.7% 234,000
Total Fleet Operations 185,000 330,000 213,590 64.7% 333,997 3007 Stormwater Facilities
Salaries & Benefits - - n/a - -
Operating 229,300 229,300 65,705 28.7% 212,410
Total Stormwater Facilities 229,300 229,300 65,705 28.7% 212,410 3008 Public Works
Salaries & Benefits 1,600,319 1,600,319 1,033,197 64.6% 1,408,027 Operating 666,600 934,596 242,195 25.9% 475,424
Total Public Works 2,266,919 2,534,915 1,275,392 50.3% 1,883,451 Total Public Works /Engineering 5,508,335 7,049,991 2,821,516 40.0% 6,034,845 A8
10 Adopted Budget Amended
Budget (1)
Actual thru
03/31/2025 % Spent 2024-25 Estimated

EXPENDITURES BY FUND
March 31, 2025
General Fund (Continued)
Disaster Response
3002 Woolsey Fire Rebuilds and Storm Response 1,856,000 1,871,000 477,845 25.5% 828,204 9200 Woolsey Fire & Storm Response CIP Projects 4,914,007 4,914,007 420,600 8.6% 440,867 Total Woolsey Fire Response 6,770,007 6,785,007 898,445 13.2% 1,269,071 3100 Broad Fire - Salaries & Benefits - - 126 0.0% 127
3100 Broad Fire - Emergency Response/Recovery - - 53,532 0.0% 53,533 Total Broad Fire Response - - 53,658 0.0% 53,660
3101 Franklin Fire - Salaries & Benefits - - 236,498 0.0% 241,655 3101 Franklin Fire - Emergency Response/Recovery - 1,502,199 687,448 0.0% 1,725,193 3101 Franklin Fire - CIP Projects - 11,000 - 0.0% 55,703 Total Franklin Fire Response - 1,513,199 923,946 61.1% 2,022,551 3102 Palisades Fire - Salaries & Benefits - 6,667 946,771 0.0% 1,566,718 3102 Palisades Fire - Emergency Response/Recovery - 4,628,317 838,527 0.0% 643,007 3102 Palisades Fire - CIP Projects - 4,667,133 - 0.0% 1,234,445 Total Palisades Fire Response - 9,302,117 1,785,298 19.2% 3,444,170 General Fund CIP
9000 General Fund CIP 11,860,171 14,668,469 - 0.0% 1,182,112 9000 Case Crummer Reserved for CIP 282,486 331,196 - 0.0% 331,196 Total General Fund CIP 12,142,657 14,999,665 - 0.0% 1,513,308 Total General Fund 77,527,417 93,457,147 37,278,646 39.9% 59,307,341 Special Revenue Funds
3009 Transportation Services 196,500 340,500 112,799 33.1% 286,396 6002 Big Rock Mesa LMD 372,425 372,425 196,615 52.8% 346,020 6003 Malibu Road LMD 84,400 84,400 19,105 22.6% 76,523
6004 Calle del Barco LMD 84,040 84,040 32,565 38.7% 82,809 9048 Carbon Beach Undergrounding CFD 234,350 234,350 219,712 93.8% 234,513 9052 Broad Beach Undergrounding AD 140,521 140,521 133,931 95.3% 140,521 9049 Civic Center Wastewater Treatment Plant AD 2,321,017 2,321,017 2,030,470 87.5% 2,305,609 7021 Public Safety - Brulte 175,000 194,663 187,923 96.5% 194,663 7070 Community Development Block Grant 9,791 114,791 78,430 68.3% 114,791 CCWTF Phase Two - - 0.0% - -
Total Special Revenue Funds 3,618,044 3,886,707 3,011,550 77.5% 3,781,845 A9
11 Adopted Budget Amended
Budget (1)
Actual thru
03/31/2025 % Spent 2024-25 Estimated

EXPENDITURES BY FUND
March 31, 2025
Capital Project Funds
310 Capital Improvement Fund
9002 Annual Street Overlay 1,300,000 1,300,000 1,232,779 94.8% 1,232,779 9059 PCH Median Improvements 85,000 - - 0.0% -
9065 MCLE Office Trailer 55,485 275,752 98,573 35.7% 129,550 9066 PCH Signal Synchronization Imp. 8,600,000 8,600,000 5,222,637 60.7% 7,304,598 9075 Civic Center Way Treatment Facility Ph 2 54,877 54,877 871 0.0% 50,000 9078 City Hall Solar Power 3,800,000 4,000,000 15,920 0.4% 39,800 9090 Permanent Skate Park 2,500,000 2,500,000 188,913 7.6% 331,196 9097 Malibu Bluffs Park South Walkway 73,235 - - 0.0% - 9098 Trancas Cyn Park Play Resurfacing 14,612 230,000 189,004 82.2% 198,951 9100 PCH/Trancas Right Turn Lane 513,587 513,587 42,954 8.4% 78,869 9101 PCH Crosswalk Improvements 200,000 290,000 - 0.0% - 9102 PCH Median Imp at Paradise Cove/Zuma 1,000,000 1,000,000 26,105 2.6% 75,000 9103 Kanan Dume Biofilter 580,000 580,000 25,550 4.4% 50,000 9105 City Traffic Signals Backup Power 20,000 20,000 - 0.0% 35,000 9106 Malibu Canyon Road Traffic Study - 9,501 9,501 0.0% 9,501 9108 Harbor Vista Curb Return Modifications 100,000 100,000 - 0.0% - 9109 PCH at Las Flores & Rambla Pacifico 160,000 655,000 - 0.0% - 9110 Encinal Canyon 60" Storm Drain Repairs 900,000 1,000,000 38,860 3.9% 155,700 9111 Citywide Asphalt Concrete Berm Repairs 300,000 300,000 - 0.0% - 9112 Bluffs & Equestrian Park Roof Replacements 400,000 400,000 129,683 32.4% 136,273 9113 Legacy Bench/Arbor Renovations - 7,871 7,871 0.0% 7,871 9114 PCH Ped Undercrossing at Malibu Seafood 200,000 600,000 0.0% - - 9115 Big Rock Dr & Tuna Canyon Resurfacing 675,000 675,000 0.0% - - 9116 Stuart Ranch Road Walkway 400,000 400,000 0.0% - - 9118 Legacy Park Arbors Renovations 150,000 150,000 0.0% - - 9119 Las Flores Storm Drain Repair 300,000 300,000 0.0% - 80,075 9120 Pt. Dume Storm Drain Improvements - Ph 1 395,000 395,000 0.0% - - 9121 Charmlee Park Nature Center Renovations 500,000 500,000 0.0% - - 9122 Legacy Park Irrigation Improvements 225,000 225,000 0.0% - - 9123 Malibu Bluffs Park Snack Shack 200,000 200,000 0.0% - 75,000 9124 Land Management System 750,000 750,000 0.0% - 75,000 912X PCH Quick Build Roundabouts - 2,000,000 0.0% - 125,000 CIP General Fund Expenses (funding offset) (11,860,171) (14,668,469) 0.0% (1,182,112) - CIP Case Crummer Reserve (funding offset) (282,486) (331,196) 0.0% (331,196) - Total Capital Project Funds 12,309,139 13,031,923 7,229,221 55.5% 8,676,855 Legacy Park Project Fund
500 7004 Legacy Park Debt Service 1,091,901 1,091,901 817,763 74.9% 1,091,901 7008 Legacy Park - Salaries & Benefits 143,663 143,663 89,218 62.1% 117,622 7008 Legacy Park - Operations 817,300 907,300 403,521 44.5% 624,697 Total Legacy Park Project Fund 2,052,864 2,142,864 1,310,502 61.2% 1,834,220 Civic Center Wastewater Treatment Facility Fund
515 3010 CCWTF Sewer Svcs - Salaries & Benefits 98,360 98,360 69,816 71.0% 92,333 3010 CCWTF Sewer Svcs - Operations 2,107,095 2,132,095 1,284,422 60.2% 2,071,433 Total CCWTF Fund 2,205,455 2,230,455 1,354,238 60.7% 2,163,766 Internal Service Funds
3005 Vehicle 86,000 86,000 44,838 52.1% 86,000
7060 Information Technology
Salaries & Benefits 559,336 559,336 450,222 80.5% 593,884 Operating 684,000 684,000 402,877 58.9% 595,872
Total Information Technology 1,243,336 1,243,336 853,099 68.6% 1,189,756 Total Internal Service Funds 1,329,336 1,329,336 897,937 67.5% 1,275,756 Total All Funds $ 99,042,255 $ 116,078,432 $ 51,082,094 44.0% 77,039,783 $ A10
12 Adopted Budget Amended
Budget (1)
Actual thru
03/31/2025 % Spent 2024-25 Estimated

EXPENDITURES BY FUND
March 31, 2025
(1) The amended budget column includes the original budget amount plus encumbrance carryovers and any additional appropriations.

Reconciliation of adopted to amended budget
Total 2024-25 Adopted budget: $ 99,042,255
Account Description Project Amount Comment Date
100-3008-5100-00 Public Works/Engineering - Professional Svcs Kimley Horn/MNS Engineers 67,295 Budget Carryover 7/1/2024 100-3008-5100-00 CIP - Professional Services City Traffic Signal Backup Pwr 30,000 Budget Carryover 7/1/2024 100-3008-5125-00 Public Works/Engineering - Traffic Engineering Green Fleet/SpeedHumps 45,701 Budget Carryover 7/1/2024 100-4001-7800-00 Community Services/General Rec - Equipment Pool Office Trailer Expenses 6,026 Budget Carryover 7/1/2024 310-9078-5100-00 CIP - Professional Services City Hall Solar Power Project 200,000 Budget Carryover 7/1/2024 310-9098-5100-00 CIP - Professional Services Trancas Cnyn Park Playground 215,388 Budget Carryover 7/1/2024 310-9110-5100-00 CIP - Professional Services Encinal Cnyn 60" Storm Drain 100,000 Budget Carryover 7/1/2024 601-3005-7700-00 Fleet Operations Purchase of Fleet Vehicles 145,000 Budget Carryover 7/1/2024 310-9059-5100-00 CIP - Professional Services PCH Median Improv-Meas R Hwy (85,000) Budget Correction 7/1/2024 310-9097-5100-00 CIP - Professional Services Bluffs Park South Walkway - Gen Fd (62,505) Budget Correction 7/1/2024 310-9097-5100-00 CIP - Professional Services Bluffs Park South Walkway - TDA (10,730) Budget Correction 7/1/2024 211-7021-5115-00 Special Revenue Fund-Law Enforcement Svcs COPS (Brulte) Grant 19,663 Budget Correction 10/31/2024 100-3001-5121-01 PW/Street Maintenance - Street Sweeping Sweeping Corporation of America 44,160 Council Appropriation 9/23/2024 100-7002-5100-00 Media - Professional Services DUI Prevention & Traffic Safty 325,000 Council Appropriation 10/28/2024 100-7021-5115-00 Public Safety - Law Enforcement Services DUI Prevention & Traffic Safty 135,000 Council Appropriation 10/28/2024 203-3009-5145-00 Community Services - Dial-a-Ride Services Dial-a-Ride Program 144,000 Council Appropriation 11/25/2024 310-9090-5100-00 CIP - Professional Services - Skate Park Restricted-Case Crummer Parcel 48,710 Budget Amendment 10/28/2024 310-9090-5100-00 CIP - Professional Services - Skate Park General Fund - Committed - CIPs (48,710) Budget Amendment 10/28/2024 100-4001-5107-00 Community Services - Contract Personnel Malibu Film Society-AV & Security 3,400 Budget Amendment 10/28/2024 100-7003-5100-00 City Manager's Office - Professional Services Williams Scottsman - MCLE Trailer (105,000) Budget Amendment 4/23/2025 215-7070-7800-00 CDBG - Equipment Williams Scottsman - MCLE Trailer 105,000 Budget Amendment 4/23/2025 100-3001-5120-00 Street Maintenance Yard Rental Increase 49,500 Mid-year Amendment 12/31/2024 100-3001-5123-00 Storm Response Addl expenses due to winter storms 900,000 Mid-year Amendment 12/31/2024 100-3001-5123-01 Storm Drain System Maintenance Repair to existing storm drains 85,000 Mid-year Amendment 12/31/2024 100-3001-5127-00 Weed Abatement Additional weed abatement 50,000 Mid-year Amendment 12/31/2024 100-3008-5100-00 Public Works/Engineering - Professional Services Asset Management Assessment 125,000 Mid-year Amendment 12/31/2024 100-7059-4217-00 Other Post Employment Benefits (OPEB) Per Bi-annual valuation 287,231 Mid-year Amendment 12/31/2024 101-2001-6160-00 Planning Department - Operating Supplies To increase operating supply budget 5,000 Mid-year Amendment 12/31/2024 101-2001-6400-00 Planning Department - Clothing & Emergency Gear Uniformed clothing for staff 3,000 Mid-year Amendment 12/31/2024 101-2012-4104-00 Code Enforcement Division - Overtime Additional overtime 6,000 Mid-year Amendment 12/31/2024 102-3002-5100-00 Woolsey Fire - Professional Services Updates to Development Database 15,000 Mid-year Amendment 12/31/2024 100-7003-4101-00 City Manager - Salaries and Benefits Senior Management Analyst Position 13,421 Mid-year Amendment 12/31/2024 100-7003-4101-00 City Manager - Salaries and Benefits Management Analyst Position 12,349 Mid-year Amendment 12/31/2024 100-7007-4101-00 City Clerk - Salaries and Benefits Administrative Assistant 9,324 Mid-year Amendment 12/31/2024 102-3101-5100-03 Franklin Fire - Professional Services - ESD Cotton Shires - Rebuild Prof Svcs 350,000 Mid-year Amendment 12/31/2024 102-3101-5100-03 Franklin Fire - Professional Services - ESD Rincon - Rebuild Prof Svcs 190,000 Mid-year Amendment 12/31/2024 102-3101-5100-03 Franklin Fire - Professional Services - ESD Clean Harbors - Rebuild Prof Svcs 150,000 Mid-year Amendment 12/31/2024 102-3101-5100-03 Franklin Fire - Professional Services - ESD Bureau Veritas - Rebuild Prof Svcs 100,000 Mid-year Amendment 12/31/2024 102-3101-5100-03 Franklin Fire - Professional Services - ESD True North - Rebuild Prof Services 100,000 Mid-year Amendment 12/31/2024 102-3101-5100-03 Franklin Fire - Professional Services - ESD Solid Waste - Rebuild Prof Services 80,000 Mid-year Amendment 12/31/2024 102-3101-5120-01 Franklin Fire - Debris Removal - Pworks Emergency response and clean-up 406,140 Mid-year Amendment 12/31/2024 102-3101-5100-04 Franklin Fire - Professional Services - Pworks Updated GIS layers for rebuild 25,000 Mid-year Amendment 12/31/2024 102-3101-5100-04 Franklin Fire - Professional Services - Pworks Rebuild Center Prof Svcs 25,000 Mid-year Amendment 12/31/2024 102-3101-5120-01 Franklin Fire - Debris Removal - Pworks Hauling waste to Simi Valley Landfill Mid-year Amendment 12/31/2024 25,000 102-3101-5120-01 Franklin Fire - Debris Removal - Pworks Debris collection site Mid-year Amendment 12/31/2024 25,000 102-3101-5123-00 Franklin Fire - Storm Response - Pworks Emergency response and clean-up Mid-year Amendment 12/31/2024 15,059 102-3101-5120-01 Franklin Fire - Debris Removal - Pworks SCADA repairs due to power outage Mid-year Amendment 12/31/2024 11,000 102-9226-5100-00 Franklin Fire - CIP - Professional Services Malibu Canyon Rd Guardrails Mid-year Amendment 12/31/2024 11,000 102-3102-4101-00 Palisades Fire - Salaries and Benefits Rebuild Ctr - Office Asst/Recept Mid-year Amendment 12/31/2024 6,667 102-3102-5100-00 Palisades Fire - Professional Services Rebuild Ctr Custodial Services Mid-year Amendment 12/31/2024 7,600 102-3102-5100-02 Palisades Fire - Professional Services - Planning 4Leaf - Rebuild Prof Svcs Mid-year Amendment 12/31/2024 204,800 A11
13 Adopted Budget Amended
Budget (1)
Actual thru
03/31/2025 % Spent 2024-25 Estimated

EXPENDITURES BY FUND
March 31, 2025
102-3102-5100-02 Palisades Fire - Professional Services - Planning Michael Baker - Rebuild Prof Svcs 159,200 Mid-year Amendment 12/31/2024 102-3102-5100-02 Palisades Fire - Professional Services - Planning CA Coastal Works - Rebuild Prof Svcs 94,000 Mid-year Amendment 12/31/2024 102-3102-5100-02 Palisades Fire - Professional Services - Planning Fee Waiver/Rebuild/Data Analysis 60,000 Mid-year Amendment 12/31/2024 102-3102-5100-02 Palisades Fire - Professional Services - Planning MNS Engineers - Rebuild Prof Svcs 68,500 Mid-year Amendment 12/31/2024 102-3102-5100-02 Palisades Fire - Professional Services - Planning Interwest Group - Rebuild Prof Svcs 43,200 Mid-year Amendment 12/31/2024 102-3102-5100-03 Palisades Fire - Professional Services - ESD Cotton Shires - Rebuild Prof Svcs 1,000,000 Mid-year Amendment 12/31/2024 102-3102-5100-03 Palisades Fire - Professional Services - ESD Rincon - Rebuild Prof Svcs 500,000 Mid-year Amendment 12/31/2024 102-3102-5100-03 Palisades Fire - Professional Services - ESD Bureau Veritas - Rebuild Prof Svcs 450,000 Mid-year Amendment 12/31/2024 102-3102-5100-03 Palisades Fire - Professional Services - ESD True North - Rebuild Prof Svcs 450,000 Mid-year Amendment 12/31/2024 102-3102-5100-03 Palisades Fire - Professional Services - ESD Solid Waste Solutions - Rebuild Prof Svc Mid-year Amendment 12/31/2024 80,000 102-3102-5100-03 Palisades Fire - Professional Services - ESD Iris Consulting - Rebuild Prof Svcs 50,000 Mid-year Amendment 12/31/2024 102-3102-5100-04 Palisades Fire - Professional Services - Pworks Yeh and Associates - Rebuild Prof Svcs 200,000 Mid-year Amendment 12/31/2024 102-3102-5100-04 Palisades Fire - Professional Services - Pworks Kimley Horn - Rebuild Prof Svcs 75,000 Mid-year Amendment 12/31/2024 102-3102-5100-04 Palisades Fire - Professional Services - Pworks Infinity Technology - Updated GIS Mid-year Amendment 12/31/2024 25,000 102-3102-5100-04 Palisades Fire - Professional Services - Pworks MNS Engineers - Land surveying Mid-year Amendment 12/31/2024 25,000 102-3102-5120-01 Palisades Fire - Debris Removal Burns Pacific - Emergency response 1,000,000 Mid-year Amendment 12/31/2024 102-3102-5120-01 Palisades Fire - Debris Removal LKJP Properties - Debris collection Mid-year Amendment 12/31/2024 50,000 102-3102-5120-01 Palisades Fire - Debris Removal Waste Management - Hauling Mid-year Amendment 12/31/2024 25,000 102-3102-5710-00 Palisades Fire - Facility Lease/Rental Rebuild Center Rent Mid-year Amendment 12/31/2024 61,017 102-9223-5100-00 Palisades Fire - CIP Professional Services Storm drain system- Big Rock 1,684,100 Mid-year Amendment 12/31/2024 102-9224-5100-00 Palisades Fire - CIP Professional Services Retaining walls - Rambla Vista area Mid-year Amendment 12/31/2024 150,000 102-9225-5100-00 Palisades Fire - CIP Professional Services Guardrails throughout the burn area Mid-year Amendment 12/31/2024 833,033 102-9227-5100-00 Palisades Fire - CIP Professional Services Repairs to Las Flores Park 2,000,000 Mid-year Amendment 12/31/2024 310-9065-5100-00 CIP - Professional Services MCLE Trailer Mid-year Amendment 12/31/2024 220,267 310-9101-5100-00 CIP - Professional Services PCH Crosswalk Improvmnts - Big Rock/2 Mid-year Amendment 12/31/2024 90,000 310-9106-5100-00 CIP - Professional Services Malibu Canyon Road Traffic Study 9,501 Mid-year Amendment 12/31/2024 310-9109-5100-00 CIP - Professional Services PCH at Las Flores & Rambla Pacifico Int Mid-year Amendment 12/31/2024 495,000 310-9113-5100-00 CIP - Professional Services Legacy Park Benches Renovations 7,871 Mid-year Amendment 12/31/2024 310-9114-5100-00 CIP - Professional Services PCH Pedestrian Undercrossing at Malibu Mid-year Amendment 12/31/2024 400,000 500-7008-7300-00 Leasehold Improvements Malibu Animal Hospital Roof repairs 90,000 Mid-year Amendment 12/31/2024 515-3010-5640-00 CCWTF Equipment Maintenance Replace failed pump at the CCWTF 25,000 Mid-year Amendment 12/31/2024 310-912X-5100-00 CIP - Professional Services PCH Quick Build Roundabouts 2,000,000 Council Appropriation 3/10/2025 17,036,177
Total 2024-25 Current Amended Budget: $ 116,078,432
A12
14 Budget Projected Projected Transfers In/Out Other 2024-25 Fund Balance Non-Current/ Budget Fund Balance Revenues Expenditures Fiscal Year Activity & Projected Unavailable Fund Balance FUND July 1, 2024 3/31/2025 3/31/2025 2024-25 PY Non-current 3/31/2025 Revenue June 30, 2025 General Fund - Unassigned 63,669,458 $ 51,299,554 $ 56,841,714 $ (2,254,636) $ - $ 55,872,662 $ - $ 55,872,662 $ General Fund - Committed - Contingencies 6,500,000 - - - - 6,500,000 - 6,500,000 General Fund - Committed - CIPs 11,860,171 - 1,182,112 2,808,298 - 13,486,357 - 13,486,357 General Fund - Assigned - SCE Settlement Woolsey F 4,711,459 - 49,351 - - 4,662,108 - 4,662,108 Committed - Deferred Maintenance 1,034,784 - 85,896 - - 948,888 - 948,888 Committed - Water Quality Settlement 51,076 - - - - 51,076 - 51,076 Restricted - Case (Crummer) Parcel 331,196 - 331,196 - - - - - Restricted - Housing Element Program 194,140 - - - - 194,140 - 194,140 Restricted - City Facilities - La Paz 500,000 - - - - 500,000 - 500,000 Unassigned - FEMA Disaster Projects & CIP - 669,667 669,667 - - - - - Total General Fund 88,852,284 51,969,221 59,159,936 553,662 - 82,215,231 - 82,215,231 201 Gas Tax Fund 3,283 311,770 (225,000) - - 90,053 - 90,053 202 Traffic Safety Fund 258,924 268,262 (200,000) - - 327,186 - 327,186 203 Proposition A Fund 647,789 300,185 286,396 - - 661,578 - 661,578 204 Proposition C Fund 255,222 236,160 (290,000) - - 201,382 - 201,382 205 Measure R Fund 191,690 178,488 (220,000) - - 150,178 - 150,178 206 Air Quality Management Fund 171,384 22,759 - (20,190) - 173,953 - 173,953 207 Solid Waste Management Fund 6,535 147,405 147,405 - - 6,535 - 6,535 208 Parkland Development In-Lieu Fund 181,998 14,832 - - - 196,830 - 196,830 209 Quimby Fund 4,093 217 - - - 4,310 - 4,310
211 COPS Brulte Grant Fund - 194,663 194,663 - - - - -
212 Measure M Fund 431,557 212,476 (390,000) - - 254,033 - 254,033 213 RMRA (SB1) Fund 588,502 306,613 (280,000) - - 615,115 - 615,115 214 Art in Public Places In-Lieu Fund 38,125 2,029 - - - 40,154 - 40,154 215 Community Development Block Grant Fund - 139,341 114,791 (24,550) - - - - 218 Measure W LA County Stormwater 822,469 423,788 (292,469) - - 953,788 - 953,788 225 Grants Fund 7,592,968 - (7,592,968) - - - - -
290 Big Rock LMD 163,087 380,542 346,020 - - 197,609 - 197,609 291 Malibu Road LMD 51,062 70,446 76,523 - - 44,985 - 44,985 292 Calle Del Barco LMD 99,540 91,445 82,809 - - 108,176 - 108,176 712 Carbon Beach Undergrounding CFD 515,014 240,834 234,513 - - 521,335 - 521,335 713 Broad Beach Assessment District 279,620 154,262 140,521 - - 293,361 - 293,361 715 CCWTF AD Phase One 7,842,254 2,931,258 2,305,609 - - 8,467,903 8,467,903 - 517 CCWTF Phase Two 392,376 116,693 50,000 20,663 - 479,732 - 479,732 Total Special Revenue Funds 12,944,524 14,337,436 3,979,250 (9,514,514) - 13,788,196 13,788,196 - Capital Improvements Fund - 8,626,855 - 8,626,855 - - - - Total Capital Improvement Funds - 8,626,855 - 8,626,855 - - - - Legacy Park Project Fund 719,087 1,779,122 1,834,220 18,287,688 - 18,951,677 (18,113,761) 837,916 Total Legacy Fund 719,087 1,779,122 1,834,220 18,287,688 - 18,951,677 (18,113,761) 837,916 Civic Center Wastewater Treatment Facility 378,210 1,820,604 2,163,766 52,873,932 - 52,908,980 (52,957,720) (48,740) Total Civic Center Wastewater Treatment Fac. 378,210 1,820,604 2,163,766 52,873,932 - 52,908,980 (52,957,720) (48,740) Vehicle 329,512 159,856 86,000 333,997 - 737,365 - 737,365 Information Technology 130,423 1,229,420 1,189,756 - - 170,087 - 170,087 Total Internal Service Funds 459,935 1,389,276 1,275,756 333,997 - 907,452 - 907,452 Total All Funds $ 103,354,040 $ 71,295,659 $ 77,039,783 $ 71,161,620 - $ $ 168,771,536 $ (71,071,481) $ 97,700,055

ESTIMATED BUDGET FUND BALANCES
March 31, 2025
A13
15

Page 1 of 3 ends

Agenda Item # 1.B.7.

Council Agenda Report
To: Mayor Silverstein and the Honorable Members of the City Council Prepared by: Brandie Ayala, Interim Public Works Administration Manager Reviewed by: Tatiana Holden, Interim Public Works Director/City Engineer Approved by: Joseph D. Irvin, City Manager
Date prepared: April 21, 2026 Meeting date: May 26, 2026 Subject: State Senate Bill 1 (SB 1) Road Maintenance and Rehabilitation Account Funding and Project List
RECOMMENDED ACTION: Adopt Resolution No. 26-26 approving the Fiscal Year 2026- 27 project list for Senate Bill (SB 1) (Road Rehabilitation and Accountability Act of 2017) Road Maintenance and Rehabilitation Account (RMRA) funding and finding the action is not subject to the California Environmental Quality Act (CEQA).

FISCAL IMPACT: No additional appropriation is required. Funding from multiple sources, including RMRA funds, for the Annual Street Overlay Project is included in the Proposed Budget for Fiscal Year 2026-2027 in Account No. 310-9002-7901-00 (Annual Street Overlay).

Amended Budget FY25-26 Amount Project Estimate Amount
Proposition C – Local Return $200,000 Design $0
Measure R – Local Return $160,000 Construction $1,264,388 Measure M – Local Return $280,000
Road Maintenance and
Rehab (FY2026-27)
$301,236
Road Maintenance and
Rehab (FY2025-26)
$169,764
Proposition C $32,126
Surface Transportation
Program – Local
$232,262
General Fund $(200,000)
City Council Meeting
05-26-26
Item

1.B.7.
1

Page 2 of 3 ends

Malibu City CouncilMay 26, 2026

Malibu City Council
May 26, 2026