City of Manhattan Beach
Finance Department
Investment Portfolio
July 2026
As Finance Director for the City of Manhattan Beach, I hereby certify that these investments are in compliance with the City’s investment policy (unless otherwise noted). Sufficient liquidity has been maintained to meet budget expenditure requirements for the current six month period.
Libby Bretthauer, Finance Director
Libby Bretthauer
CITY OF MANHATTAN BEACH
Portfolio Management
July 1, 2026 through July 31, 2026
Portfolio Summary
% of
Portfolio
Book
ValueInvestments
Market
Value
Par
Value
Days to
Maturity
Term
YTM
360 Equiv.
YTM
365 Equiv.
LAIF 55,080,316.36 140.07 3.787155,080,316.3655,080,316.36 3.840 Medium Term Notes 25,637,858.70 1,65718.65 4.29879625,579,880.0026,000,000.00 4.357 Federal Agency Issues - Coupon 18,996,443.94 1,77413.82 4.02599118,882,490.0019,000,000.00 4.080 Treasury Securities - Coupon 37,751,144.21 1,67227.46 3.54576937,436,160.0038,000,000.00 3.594 137,465,763.21 100.00%
Investments
136,978,846.36138,080,316.36 1,014 497 3.849 3.902
Cash
(not included in yield calculations)
Passbook/Checking 3,151,865.21 1 0.00013,151,865.213,151,865.21 0.000 140,617,628.42Total Cash and Investments 140,130,711.57141,232,181.57 1,014 497 3.849 3.902 Current Year
July 31
422,099.33
Fiscal Year To Date
422,099.33
Average Daily Balance
Effective Rate of Return
147,915,194.84
3.36%
Total Earnings Month Ending
__________________________________________________ ____________________
CITY OF MANHATTAN BEACH,
Portfolio CITY
CP
Reporting period 07/01/2026-07/31/2026
Run Date: 09/03/2026 - 14:20 IE (PRF_PM1) 7.3.11
Report Ver. 7.3.11
YTM
365
Par Value Book Value
Maturity
Date
Stated
RateMarket Value
July 31, 2026
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
CITY OF MANHATTAN BEACH
Days to
Maturity
S&PCUSIP Investment #
Purchase
Date
LAIF
3.840Local Agency Invest. Fund3000 55,080,316.36 55,080,316.36 3.84007/01/2024 55,080,316.36SYS3000 1 55,080,316.3655,080,316.3655,080,316.3660,065,232.50Subtotal and Average 3.840 1 Medium Term Notes
4.905APPLE INCMTN0112 1,000,000.00 978,974.37 09/12/20272.90010/25/2022 985,350.00 AA+037833DB3 407
4.171APPLE INCMTN0121 1,000,000.00 992,446.00 05/10/20284.00006/12/2023 994,360.00 AA+037833ET3 648
4.282AMAZON.COM LLCMTN0116 1,000,000.00 987,754.54 08/22/20273.15002/09/2023 988,350.00 AA023135BC9 386
4.342AMAZON.COM LLCMTN0129 1,000,000.00 977,894.16 04/13/20293.45007/12/2024 969,060.00023135CG9 986
4.473AMAZON.COM LLCMTN0131 1,000,000.00 990,420.00 03/13/20314.25005/29/2026 970,020.00023135DD5 1,685
4.410BANK OF NY MELLOMTN0118 1,000,000.00 985,873.31 01/29/20283.40004/14/2023 985,680.00 A06406RAF4 546
4.500Caterpillar Financial ServiceMTN0134 1,000,000.00 999,980.00 05/15/20313.87505/29/2026 985,910.00 A14913V2D9 1,748
4.690COLGATE-PALM COMTN0123 2,000,000.00 1,992,460.00 03/01/20284.60007/10/2023 2,007,000.00 AA-194162AR4 578
3.743COSTCO COMPANIESMTN0117 1,000,000.00 977,714.34 06/20/20271.37504/14/2023 976,390.00 A+22160KAN5 323
3.765COSTCO COMPANIESMTN0119 1,000,000.00 977,458.09 06/20/20271.37504/18/2023 976,390.00 A+22160KAN5 323
3.978Cisco Systems IncMTN0132 1,000,000.00 1,021,610.29 02/26/20314.95005/29/2026 1,005,620.00 AA-17275RBS0 1,670
4.105Cisco Systems IncMTN0135 1,000,000.00 1,018,740.55 02/26/20314.95006/22/2026 1,005,620.00 AA-17275RBS0 1,670
4.593Johnson & JohnsonMTN0113 1,000,000.00 961,654.27 09/01/20270.95010/25/2022 966,540.00 AAA478160CP7 396
3.880Johnson & JohnsonMTN0114 1,000,000.00 967,475.06 09/01/20270.95012/22/2022 966,540.00 AAA478160CP7 396
4.374COCA-COLA COMTN0124 1,000,000.00 945,920.15 03/15/20281.00007/10/2023 948,380.00 A+191216DD9 592
3.556COCA-COLA COMTN0126 1,000,000.00 952,291.79 03/15/20281.00002/05/2024 948,380.00 A+191216DD9 592
5.538Mastercard IncMTN0136 1,000,000.00 963,327.96 03/26/20303.35006/22/2026 953,700.00 A+57636QAP9 1,333
4.163MICROSOFT CORPMTN0115 1,000,000.00 995,137.53 02/06/20273.30012/22/2022 995,360.00 AAA594918BY9 189
4.210MERCK & CO INCMTN0120 1,000,000.00 992,917.00 05/17/20284.05006/12/2023 994,540.00 A+58933YBH7 655
5.044PepsicoMTN0125 1,000,000.00 990,367.71 05/15/20284.45011/02/2023 1,000,750.00 A+713448FR4 653
4.493TOYOTA MOTOR CREDITMTN0127 1,000,000.00 1,004,688.60 01/05/20294.65002/05/2024 1,002,240.0089236TLL7 888
4.650TOYOTA MOTOR CREDITMTN0130 1,000,000.00 1,000,000.00 01/05/20294.65007/12/2024 1,002,240.0089236TLL7 888
4.183WALMART INCMTN0122 1,000,000.00 998,387.28 09/17/20261.05006/12/2023 996,460.00 AA931142ER0 47
4.349WALMART INCMTN0128 1,000,000.00 971,595.70 07/08/20293.25007/12/2024 972,330.00931142EN9 1,072
4.203WALMART INCMTN0133 1,000,000.00 992,770.00 04/15/20304.00005/29/2026 982,670.00931142FC2 1,353 25,637,858.7025,579,880.0026,000,000.0025,637,858.70Subtotal and Average 4.357 796 Federal Agency Issues - Coupon
3.850FARMER MACFAC0304 1,000,000.00 1,000,000.00 02/14/20283.85002/14/2023 993,510.0031422XW99 562
2.747FED FARM CR BKFAC0296 2,000,000.00 2,005,761.35 03/22/20273.15004/11/2022 1,989,380.00 AA+3133EJDV8 233
4.860FED FARM CR BKFAC0309 1,000,000.00 1,000,600.00 11/01/20284.87511/02/2023 1,014,290.00 AA+3133EPA47 823
4.527FED FARM CR BKFAC0311 2,000,000.00 2,013,818.68 04/30/20294.75005/08/2024 2,021,560.003133ERDH1 1,003 Portfolio CITY
CP
Run Date: 09/03/2026 - 14:20 PM (PRF_PM2) 7.3.11
Report Ver. 7.3.11
YTM
365
Par Value Book Value
Maturity
Date
Stated
RateMarket Value
July 31, 2026
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
CITY OF MANHATTAN BEACH
Days to
Maturity
S&PCUSIP Investment #
Purchase
Date
Federal Agency Issues - Coupon
4.048Federal Home Loan BankFAC0306 1,000,000.00 994,696.67 03/12/20273.00006/12/2023 993,480.00 AA+3130A3DU5 223
4.483Federal Home Loan BankFAC0307 1,000,000.00 992,380.97 06/09/20284.00007/10/2023 995,350.00 AA+3130AWC24 678
4.860Federal Home Loan BankFAC0308 1,000,000.00 995,280.00 09/08/20284.75011/02/2023 1,009,040.00 AA+3130AXEL8 769
4.514Federal Home Loan BankFAC0310 2,000,000.00 2,007,940.25 03/09/20294.62505/09/2024 2,010,600.003130B13J4 951
4.360Federal Home Loan BankFAC0316 1,000,000.00 1,000,000.00 06/25/20314.36006/25/2026 989,610.003130BBAZ8 1,789
4.200Federal Home Loan MortgageFAC0312 1,000,000.00 1,000,000.00 08/28/20304.20008/28/2025 990,130.00 AA+3134HBK34 1,488
3.597Fannie MaeFAC0305 1,000,000.00 967,060.33 10/08/20270.75004/14/2023 960,380.003135G05Y5 433
4.000Fannie MaeFAC0313 2,000,000.00 2,000,000.00 08/28/20304.00008/28/2025 1,964,260.00 AA+3136GAPG8 1,488
4.375Fannie MaeFAC0315 1,000,000.00 1,000,000.00 06/05/20314.37506/05/2026 990,880.003136GDFC2 1,769
3.659Tennessee Valley AuthorityFAC0314 2,000,000.00 2,018,905.69 08/01/20303.87509/11/2025 1,960,020.00 AA+880591FE7 1,461 18,996,443.9418,882,490.0019,000,000.0019,833,774.78Subtotal and Average 4.080 991 Treasury Securities - Coupon
2.665US TREASURYUST0054 2,000,000.00 1,987,053.43 01/31/20271.50004/08/2022 1,975,920.00912828Z78 183
3.287US TREASURYUST0057 1,000,000.00 997,803.32 08/15/20261.50006/17/2022 999,060.009128282A7 14
3.285US TREASURYUST0059 1,000,000.00 992,479.60 05/15/20272.37509/01/2022 986,560.00912828X88 287
3.295US TREASURYUST0060 1,000,000.00 992,394.92 05/15/20272.37509/01/2022 986,560.00912828X88 287
3.241US TREASURYUST0062 1,000,000.00 974,228.18 06/30/20270.50009/01/2022 967,890.00912828ZV5 333
4.180US TREASURYUST0064 1,000,000.00 991,520.60 10/31/20261.62510/25/2022 994,530.00912828YQ7 91
3.747US TREASURYUST0066 1,000,000.00 983,518.08 08/15/20272.25002/09/2023 980,630.009128282R0 379
0.907US TREASURYUST0045 1,000,000.00 992,500.00 08/31/20260.75010/05/2021 997,580.0091282CCW9 30
1.210US TREASURYUST0050 1,000,000.00 999,165.27 09/30/20260.87512/09/2021 995,370.0091282CCZ2 60
2.581US TREASURYUST0053 1,000,000.00 995,094.50 10/31/20261.12504/08/2022 993,410.0091282CDG3 91
3.302US TREASURYUST0058 1,000,000.00 994,185.43 09/30/20260.87506/17/2022 995,370.0091282CCZ2 60
3.300US TREASURYUST0061 1,000,000.00 997,755.04 06/30/20273.25009/01/2022 992,120.0091282CEW7 333
3.309US TREASURYUST0063 1,000,000.00 994,637.85 07/31/20272.75009/01/2022 986,200.0091282CFB2 364
3.787US TREASURYUST0065 1,000,000.00 989,357.05 07/31/20272.75012/22/2022 986,200.0091282CFB2 364
3.804US TREASURYUST0067 2,000,000.00 1,992,269.19 01/31/20283.50002/09/2023 1,978,360.0091282CGH8 548
4.816US TREASURYUST0068 1,000,000.00 992,415.19 08/31/20284.37511/01/2023 1,001,760.0091282CHX2 761
3.786US TREASURYUST0069 2,000,000.00 2,011,662.46 01/31/20294.00002/02/2024 1,984,840.0091282CJW2 914
4.430US TREASURYUST0070 1,000,000.00 992,220.00 02/28/20294.25005/08/2024 998,360.0091282CKD2 942
4.474US TREASURYUST0071 1,000,000.00 992,504.77 03/31/20294.12505/08/2024 995,000.0091282CKG5 973
4.421US TREASURYUST0072 1,000,000.00 1,009,000.00 04/30/20294.62505/08/2024 1,007,620.0091282CKP5 1,003
4.123US TREASURYUST0073 1,000,000.00 964,401.44 05/31/20292.75007/12/2024 958,400.0091282CES6 1,034
4.147US TREASURYUST0074 1,000,000.00 976,865.80 06/30/20293.25007/12/2024 970,550.0091282CEV9 1,064
4.062US TREASURYUST0075 1,000,000.00 941,450.13 10/31/20281.37507/12/2024 937,890.0091282CDF5 822 Portfolio CITY
CP
Run Date: 09/03/2026 - 14:20 PM (PRF_PM2) 7.3.11
YTM
365
Par Value Book Value
Maturity
Date
Stated
RateMarket Value
July 31, 2026
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
CITY OF MANHATTAN BEACH
Days to
Maturity
S&PCUSIP Investment #
Purchase
Date
Treasury Securities - Coupon
3.510US TREASURYUST0076 1,000,000.00 999,610.00 09/30/20293.50009/11/2025 975,200.0091282CLN9 1,156
3.569US TREASURYUST0077 1,000,000.00 1,023,995.63 01/31/20304.25009/11/2025 995,980.0091282CMG3 1,279
3.544US TREASURYUST0078 1,000,000.00 988,540.21 08/31/20293.12509/11/2025 965,310.0091282CFJ5 1,126
3.581US TREASURYUST0079 1,000,000.00 1,010,880.93 11/30/20293.87509/11/2025 985,040.0091282CFY2 1,217
3.601US TREASURYUST0080 1,000,000.00 1,000,900.00 03/31/20303.62503/09/2026 974,610.0091282CGS4 1,338
3.620US TREASURYUST0081 1,000,000.00 1,005,100.00 06/30/20303.75003/09/2026 977,110.0091282CHJ3 1,429
3.650US TREASURYUST0082 1,000,000.00 998,900.00 10/31/20303.62503/09/2026 970,000.0091282CPD7 1,552
4.050US TREASURYUST0083 1,000,000.00 998,470.00 07/31/20294.00005/29/2026 990,630.0091282CLC3 1,095
4.100US TREASURYUST0084 1,000,000.00 991,400.00 07/31/20303.87505/29/2026 981,090.0091282CNN7 1,460
4.605US TREASURYUST0085 1,000,000.00 984,665.19 06/30/20303.75006/22/2026 977,110.0091282CHJ3 1,429
4.190US TREASURYUST0086 2,000,000.00 1,994,200.00 05/31/20314.12506/22/2026 1,973,900.0091282CQU8 1,764 37,751,144.2137,436,160.0038,000,000.0039,683,729.03Subtotal and Average 3.594 769 147,915,194.84 138,080,316.36 3.902 497136,978,846.36 137,465,763.21Total and Average Portfolio CITY
CP
Run Date: 09/03/2026 - 14:20 PM (PRF_PM2) 7.3.11
YTM
365
Par Value Book Value
Stated
RateMarket Value
July 31, 2026
Portfolio Details - Cash
Average
BalanceIssuer
Portfolio Management
CITY OF MANHATTAN BEACH
Days to
Maturity
S&PCUSIP Investment #
Purchase
Date
Money Market Fund
0.000UNION BANK39901 3,151,865.21 3,151,865.2107/01/2024 3,151,865.21SYS39903-39902 1
0.00 147,915,194.84 141,232,181.57 3.902 497
1Average Balance
140,130,711.57 140,617,628.42Total Cash and Investments Portfolio CITY
CP
Run Date: 09/03/2026 - 14:20 PM (PRF_PM2) 7.3.11
PORTFOLIO PROFILE Jul 31, 2026 Jun 30, 2026May 31, 2026Apr 30, 2026Mar 31, 2026 Total Book Value (Excluding Trust Funds)$137,465,763$147,927,724 $148,684,535 $134,684,152 $107,378,006 Increase/(Decrease) from Prior Period (10,461,960) (756,812) 14,000,383 27,306,147 3,004,900 Percentage Change (7.1%) (0.5%) 10.4% 25.4% 2.9%
Average Yield to Maturity (365 Days) 3.902% 3.868% 3.823% 3.770% 3.764% Increase/(Decrease) from Prior Period 0.034% 0.045% 0.053% 0.006% (0.018%)
PORTFOLIO ALLOCATIONS
By Security Value (Par) Percent Par YTMTime Horizon Percent LAIF* $55,080,316 39.89% 3.840%Next 12 months 55%
Medium Term Notes 26,000,000 18.8% 4.357%Months 13-24 13% Federal Agencies 19,000,000 13.8% 4.081%Months 25-36 14% U.S. Treasuries 38,000,000 27.5% 3.594%Months 37-48 7%
Total $138,080,316 100.0% 3.903%Months 49-60 10%
*LAIF YTM as of July 31, 2026 BAD Total 100.0%
RECENT ACTIVITY
Security Date of ActivityMaturity DatePurchase (Par)Maturing/Call YTM FNMA - 4.375% Coupon 6/5/2026 6/5/2031 1,000,000 4.375% CSCO - 4.483981% Coupon 6/22/2026 2/26/2031 1,000,000 4.105% MA - 4.424144% Coupon 6/22/2026 3/26/2030 1,000,000 5.538% FHLB - 4.36% Coupon 6/25/2026 6/25/2031 1,000,000 4.360% T - 4.1701828% Coupon 6/22/2026 6/30/2030 1,000,000 4.605% T - 4.1900913% Coupon 6/22/2026 5/31/2031 2,000,000 4.190% Total Purchases $7,000,000 4.480%
Matured: FHLB - 0.875% Coupon 6/12/2026 6/12/2026 1,000,000 4.343% Matured: T - 0.875% Coupon 6/30/2026 6/30/2026 1,000,000 1.176% Matured: FFCB - 4.5% Coupon 7/27/2026 7/27/2026 1,000,000 4.550% Matured: T - 0.625% Coupon 7/31/2026 7/31/2026 1,000,000 0.892% Matured: T - 0.375% Coupon 7/31/2026 7/31/2026 1,000,000 3.187% Total Maturing/Calls $5,000,000 2.830%
City of Manhattan Beach
As of July 31, 2026
Investment Portfolio Summary
City of Manhattan Beach
As of July 31, 2026
Investment Portfolio Summary
3-Month 6-Month 2-Year 5-Year 10-YearMay 20263.69% 3.78% 3.98% 4.13% 4.45%June 20263.81% 3.87% 4.11% 4.21% 4.47%July 20263.87% 4.00% 4.22% 4.33% 4.60%Portfolio3.902% 3.902% 3.902% 3.902% 3.902%LAIF3.840%3.840%3.840%3.840%3.840%Portfolio, 3.902%LAIF, 3.840%0.00%1.00%2.00%3.00%4.00%5.00%6.00%US Treasuries Yield Curvewww.treas.govMonthly yields are interpolated by the Treasury from the daily yield curve.
CITY OF MANHATTAN BEACH HELD TO MATURITY
Portfolio Maturity Structure Rolling 60 Months
August 2026 through July 2031
Mat. Mth YTM Call Amt 0 Mat. Mth YTM Call Amt 0 Mat. Mth YTM Call Amt 0 Mat. Mth YTM Call Amt 0 Mat. Mth YTM Call Amt Aug 26 8/31/26 0.9% T nc $1.0M Aug 27 8/15/27 3.75% T nc $1.0MAug 28 8/31/28 4.82% T nc $1.0MAug 29 8/31/29 3.54% T nc $1.0MAug 30 8/28/30 4.20% FHLMC8/28/26 $1.0M 8/15/26 3.3% T nc $1.0M 8/22/27 4.28% AMZN nc $1.0M 8/28/30 4.00% FNMA 8/28/26 $2.0M 8/1/30 3.66% TVA nc $2.0M
Sep 26 9/30/26 1.2% T nc $1.0M Sep 27 9/12/27 4.91% AAPL nc $1.0MSep 28 9/8/28 4.86% FHLB nc $1.0MSep 29 9/30/29 3.51% T nc $1.0MSep 30 9/30/26 3.3% T nc $1.0M 9/1/27 4.59% JNJ nc $1.0M
9/17/26 4.2% WMT nc $1.0M 9/1/27 3.88% JNJ nc $1.0M
Oct 26 10/31/26 2.6% T nc $1.0M Oct 27 10/8/27 3.60% FNMA nc $1.0MOct 28 10/31/28 4.06% T nc $1.0MOct 29 Oct 30 10/31/30 3.65% T nc $1.0M 10/31/26 4.2% T nc $1.0M
Nov 26 Nov 27 Nov 28 11/1/28 4.86% FFCB nc $1.0MNov 29 11/30/29 3.58% T nc $1.0MNov 30 Dec 26 Dec 27 Dec 28 Dec 29 Dec 30
Jan 27 1/31/27 2.7% T nc $2.0M Jan 28 1/29/28 4.41% BK nc $1.0MJan 29 1/5/29 4.49% TOYOTAnc $1.0MJan 30 1/31/30 3.57% T nc $1.0MJan 31 1/31/28 3.80% T nc $2.0M 1/31/29 3.79% T nc $2.0M
1/5/29 4.65% TOYOTAnc $1.0M
Feb 27 2/6/27 4.2% MSFT nc $1.0M Feb 28 2/14/28 3.85% FAMCAnc $1.0MFeb 29 2/28/29 4.43% T nc $1.0MFeb 30 Feb 31 2/26/31 3.98% CSCO nc $1.0M
2/26/31 4.11% CSCO nc $1.0M
Mar 27 3/22/27 2.7% FFCB nc $2.0M Mar 28 3/1/28 4.69% CL nc $2.0MMar 29 3/31/29 4.47% T nc $1.0MMar 30 3/31/30 3.60% T nc $1.0MMar 31 3/13/31 4.47% AMZN nc $1.0M 3/12/27 4.0% FHLB nc $1.0M 3/15/28 4.37% KO nc $1.0M 3/9/29 4.51% FHLB nc $2.0M 3/26/30 5.54% MA nc $1.0M 3/15/28 3.56% KO nc $1.0M
Apr 27 Apr 28 Apr 29 4/13/29 4.34% AMZN nc $1.0MApr 30 4/15/30 4.20% WMT nc $1.0MApr 31 4/30/29 4.42% T nc $1.0M
4/30/29 4.53% FFCB nc $2.0M
May 27 5/15/27 3.3% T nc $1.0M May 28 5/10/28 4.17% AAPL nc $1.0MMay 29 5/31/29 4.12% T nc $1.0MMay 30 May 31 5/15/31 4.50% CAT nc $1.0M 5/15/27 3.3% T nc $1.0M 5/17/28 4.21% MRK nc $1.0M 5/31/31 4.19% T nc $2.0M 5/15/28 5.04% PEP nc $1.0M
Jun 27 6/20/27 3.7% COST nc $1.0M Jun 28 6/9/28 4.48% FHLB nc $1.0MJun 29 6/30/29 4.15% T nc $1.0MJun 30 Jun 31 6/5/31 4.38% FNMA nc $1.0M 6/30/27 3.2% T nc $1.0M 6/30/30 3.62% T nc $1.0M 6/25/31 4.36% FHLB nc $1.0M 6/30/27 3.3% T nc $1.0M 6/30/30 4.60% T nc $1.0M
6/20/27 3.8% COST nc $1.0M
Jul 27 7/31/27 3.3% T nc $1.0M Jul 28 Jul 29 7/8/29 4.35% WMT nc $1.0M Jul 30 7/31/30 4.10% T nc $1.0MJul 31 7/31/27 3.8% T nc $1.0M 7/31/29 4.05% T nc $1.0M
Total By Year (excl LAIF) $21.0m $18.0m $20.0m $10.0m $14.0m Average YTM 3.2% 4.2% 4.4% 4.0% 4.1%
% of Total Securities (excl LAIF) 25% 22% 24% 12% 17%
% of Total Investments (incl LAIF) 55% 13% 14% 7% 10%
Total Securities 60% $83.0M
LAIF 40% $55.1M
Total Investments 100% $138.1M
Shaded rows indicate months with significant cash inflows.
City of Manhattan Beach
Investment Policy Compliance Chart
As of July 31, 2026
Instrument % of Total Limit Compliant? Limit Compliant? Limit Compliant? Local Agency Investment Fund (LAIF) $55,080,316 39.9% $75,000,000 Yes Treasury Securities
US Treasury $38,000,000 27.5% 5 Years Yes
Total U.S. Treasuries (34)TRUE $38,000,000 27.5%
Medium Term (Corporate) Notes
Coca-Cola 2,000,000 1.4% 5.0% Yes 5 Years Yes
Amazon 3,000,000 2.2% 5.0% Yes 5 Years Yes
Costco 2,000,000 1.4% 5.0% Yes 5 Years Yes
Walmart 3,000,000 2.2% 5.0% Yes 5 Years Yes
Colgate-Palmolive 2,000,000 1.4% 5.0% Yes 5 Years Yes
Pepsi Cola 1,000,000 0.7% 5.0% Yes 5 Years Yes
Total Consumer Goods Sector $13,000,000 9.0% 10.0% Yes
Bank of NY 1,000,000 0.7% 5.0% Yes 5 Years Yes
Toyota Motor Credit Corp 2,000,000 1.4% 5.0% Yes 5 Years Yes Caterpillar Financial Service 1,000,000 0.7% 5.0% Yes 5 Years Yes Mastercard Inc 1,000,000 0.7%
Total Financial Sector $4,000,000 2.9% 10.0% Yes
Johnson & Johnson 2,000,000 1.4% 5.0% Yes 5 Years Yes
Merck 1,000,000 0.7% 5.0% Yes 5 Years Yes
Total Pharmaceuticals Sector $3,000,000 2.2% 10.0% Yes
Apple Inc 2,000,000 1.4% 5.0% Yes 5 Years Yes
Microsoft Corp 1,000,000 0.7% 5.0% Yes 5 Years Yes
Cisco Systems Inc 2,000,000 1.4% 5.0% Yes 5 Years Yes
Total Technology Sector $5,000,000 3.6% 10.0% Yes
Total Medium Term Notes (25)TRUE $26,000,000 18.8% 20.0% Yes Federal Agencies
Federal Home Loan Bank (FHLB) $6,000,000 4.3% 33.3% Yes 5 Years Yes Federal Farm Credit (FFCB) 5,000,000 3.6% 33.3% Yes 5 Years Yes Fannie Mae (FNMA) 4,000,000 2.9% 33.3% Yes 5 Years Yes
Freddie Mac (FHLMC) 1,000,000 0.7% 33.3% Yes 5 Years Yes Frarmer Mac (FAMCA) 1,000,000 0.7% 33.3% Yes 5 Years Yes Tennessee Valley Authority (TVA) 2,000,000 1.4% 33.3% Yes 5 Years Yes Total Federal Agencies (14)TRUE $19,000,000 13.8% 60.0% Yes Total Portfolio $138,080,316 100.0%
Dollar Compliance Percentage Compliance Term Compliance Temporary Suspension
Investments Cash Balances by Fund
LAIF $55,080,316.36 General Fund $43,425,933.80
Treasury Securities 37,751,144.21 Street Lighting & Landscape Fund* (205,237.64) Government Agency Issues 18,996,443.94 Gas Tax Fund 7,066,670.08 Medium Term Notes 25,637,858.70 Asset Forfeiture Fund 1,265,662.48 Subtotal Investments $137,465,763.21 Police Safety Grants Fund 400,990.96 Grants Fund (482,598.28)
Prop. A Fund 1,517,024.61
Prop. C Fund 1,931,776.41
Demand Deposit/Petty Cash AB 2766 Air Quality Fund 390,413.01 Cash in Bank $3,151,865.21 Measure R Fund 2,488,125.71
Petty Cash 1,008.35 Measure M Fund (2,153,756.08)
$3,152,873.56 Measure W Fund 8,215,040.82
Capital Improvements Fund 12,096,418.15
Subtotal City Cash & Investments $140,618,636.77 Fire Station #2 Construction Fund 257,347.57 UUAD Construction Fund 1,376,621.37
Water Fund 13,498,603.75
Bond Funds Held in Trust Stormwater Fund 4,665,321.39
Police Fire Refunding $108.71 Sewer Fund 18,566,664.59
Fire Station 2 COPs 225.70 Parking Fund 8,114,153.20
Marine Ave Park Refunding 0.13 County Parking Lots Fund 800,370.06 Metlox & Water/Wastewater Refunding 149.68 State Pier and Parking Lot Fund 1,459,556.61 Utility Assessment Districts 1,221,141.60 Insurance Reserve Fund 8,933,937.83 Pension Obligation Bonds 1,770.23 Information Technology Fund 2,327,286.00 2025 COPs 10,002.69 Fleet Management Fund 2,181,700.91
Subtotal Bonds Held in Trust $1,233,398.74 Building Maintenance & Operations Fund (77,231.82) Special Assessment Redemption Fund 758,028.40
Special Assessment UAD 12 & 14 Fund 1,018,248.29
Special Assessment UAD 19-4 Fund 457,238.82
Investment Trust Funds Pension Trust Fund* (166,069.33) PARS Pension Rate Stabilization Trust 6,483,605.30 Special Deposits Fund 1,723,793.84 Section 115 Trust Fund 6,483,605.30
Total Treasurer's Balance $148,335,640.81 Total All Funds $148,335,640.81 * The negative cash balance in the Street Lighting & Landscape Fund will be offset by a General Fund transfers at year-end. The Pension Trust Fund typically has a negative balance at this time of year and will be reimbursed by the California Employees' Retiree Benefit Trust (CERBT) Fund at a later date. Negative cash balances in other funds such as the Gas Tax Fund, Grants Fund and Measure M Fund, are due to expended capital projects with pending grant reimbursement receivables outstanding.
CITY OF MANHATTAN BEACH
TREASURER'S REPORT
July 31, 2026
Subtotal Demand Deposit
July 3.84
June 3.816
May 3.810
April 3.811
March 3.826
February 3.871
PMIA Average Life(1): 269
LAIF Fair Value Factor(1): 0.998872382
PMIA Daily(1): 3.83
PMIA Quarter to Date(1): 3.81
LAIF Apportionment Rate(2): 3.92
LAIF Earnings Ratio(2): 0.00010743238142967
LAIF Administrative Cost(1)*: .22
Treasuries
59.41%
Agencies
20.35%
Certificates of
Deposit/Bank Notes
10.37%
Time
Deposits
3.02%
Commercial
Paper
6.10%
Corporate
Bonds
0.62%
Loans
0.13%
Notes: The apportionment rate includes interest earned on the CalPERS Supplemental Pension Payment pursuant to Government Code 20825 (c)(1) .
*The percentage of administrative cost equals the total administrative cost divided by the quarterly interest earnings. The law provides that administrative costs are not to exceed 5% of quarterly EARNINGS of the fund. However, if the 13-week Daily Treasury Bill Rate on the last day of the fiscal year is below 1%, then administrative costs shall not exceed 8% of quarterly EARNINGS of the fund for the subsequent fiscal year.
Source:
(1) State of California, Office of the Treasurer
(2) State of California, Office of the Controller
PMIA Average Monthly
Effective Yields(1)
PMIA/LAIF Performance Report
as of 08/19/26
Daily rates are now available here. View PMIA Daily Rates Quarterly Performance
Quarter Ended 06/30/26
Chart does not include $722,000.00 in mortgages, which equates to 0.0004%. Percentages may not total 100% due to rounding.
Pooled Money Investment Account
Monthly Portfolio Composition (1)
07/31/26
$179.8 billion