City Council Chambers
29844 Haun Road
Menifee, CA 92586
Bill Zimmerman, Mayor
Bob Karwin, District 1
Ricky Estrada,District 2
Lesa Sobek, District 3
Dean Deines, District 4
AGENDA
Menifee City Council
Regular Meeting Agenda
Wednesday, November 15, 2023
4:30 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City
Attorney
Stephanie Roseen, Acting Clerk
CLOSED SESSION (4:30 PM)
1. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI230303456
City of Perris v. City of Menifee
2. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI2203040
City of Menifee v. City of Perris
3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVR12202132
Monkres v. City of Menifee
4. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION:
Significant Exposure to Litigation (Gov. Code Section 54956.9(d)(2) or (3)):
One Case
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Pastor Tony Truax – Hope Christian Church
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. Outstanding Citizen – Sheila Lawton
5.2. Business Spotlight – Anguiano’s Bakery
5.3. Caltrans Update
5.4. The Wall That Heals Documentary
6. AGENDA APPROVAL OR MODIFICATIONS
7. PUBLIC COMMENTS (NONAGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda. The Ralph M. Brown Act limits the Council’s ability to respon d to comments on nonagendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.
8. COUNCILMEMBER UPDATES AND COMMENTS
9. APPROVAL OF MINUTES
9.1 October 4, 2023 City Council Minutes
10. CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar. If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.
10.1 Waiver of Reading
RECOMMENDED ACTION
1. Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.
10.2 Warrant Register
RECOMMENDED ACTION
1. Ratify and approve the Voucher Lists dated 10/13/2023 and 10/20/2023, the Payroll Register/Other EFTs dated 10/11/2023, 10/12/2023, and 10/13/2023 which have a total budgetary impact of $11,230,550.88.
10.3 Treasurer's Report
RECOMMENDED ACTION
1. Receive and file the Treasurer’s Report as of September 30, 2023.
10.4 Menifee Police Management Association Side Letter Agreement RECOMMENDED ACTION
Authorize the City Manager or designee to execute and implement terms of the Memorandum of Understanding Side Letter with the Menifee Police Management Association.
10.5 Employee Teleworking Program Policy
RECOMMENDED ACTION
1. Receive and review the Administrative Policy for the City’s Teleworking Program.
10.6 Monthly Public Safety Reports
RECOMMENDED ACTION
1. Receive and file.
10.7 Agreement with Flock Safety Group, Inc. for Automated License Plate Reader Cameras
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute an agreement with Flock Group, Inc. dba Flock Safety Services for automated license plate reader cameras and service through Fiscal Year 2027/2028 in the nottoexceed amount of $362,500; and
2. Authorize the City Manager, or his designee, to approve the optional twoyear renewal term for Fiscal Years 2028/2029 and 2029/2030 in an amount notto exceed $72,500 per year.
10.8 Office of Traffic Safety Selective Traffic Enforcement Program Grant RECOMMENDED ACTION
1. Accept the grant funds from the Office of Traffic Safety Selective Traffic Enforcement Program Grant for the Menifee Police Department; and
2. Adopt a budget amendment resolution approving an increase in revenue and appropriation of expenditures in the amount of $140,000 to a project account as assigned by the Finance Department; and
3. Authorize the City Manager, or their designee, to execute all necessary documents to implement the Office of Traffic Safety Selective Traffic Enforcement Program Grant purchases.
10.9 Asset Forfeiture Appropriation of Funds
RECOMMENDED ACTION
1. Approve a budget amendment resolution authorizing the Menifee Police Department to appropriate asset forfeiture funds in the amount of $20,563 for the purchase of a narcotics canine (K9) and applicable training.
10.10 Agreement with Helix Environmental Planning, Inc. for CEQA Consulting Services for Evans Park North Design
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Professional Services Agreement with Helix Environmental Planning, Inc. for CEQA consulting services in an amount nottoexceed $297,650 for Capital Improvement Program (CIP) Project No. 2408, Evans Park North Design and Construction.
10.11 Agreement Amendment with Western Riverside Council of Governments for the Holland Road/I215 Overcrossing Project
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 3 to the Transportation Uniform Mitigation Fee Program Reimbursement Agreement with Western Regional Council of Governments; and
2. Adopt a budget amendment resolution appropriating $1,000,000 to Fund 310 in expenditures and corresponding revenues; and
3. Adopt a budget amendment resolution appropriating fund balance in the amount of $500,000 from Fund 415 to respective project accounts.
10.12 Agreement Amendment No. 1 with Southstar Engineering & Consulting, Inc., for the Holland Road/I215 Overcrossing Project Construction Management RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 1 to the Professional Services Agreement with Southstar Engineering & Consulting, Inc. increasing the compensation by $1,152,405.31 for a total agreement amount not toexceed $4,400,642.74, and extending the term through December 31, 2024, for the Holland Road / I215 Overcrossing, Capital Improvement Program Project No. CIP 1303
10.13 Contract Change Order with Ferreira Coastal Construction Company for the Holland Road/I215 Overcrossing Underground Utilities Subproject RECOMMENDED ACTION
1. Approve an increase to the contract contingency amount with Ferreira Coastal Construction Company to a total of $201,734.56, or 28.05% of the original contract amount, and authorize the City Manager to approve Contract Change Order No. 7 in a nottoexceed amount of $21,984.10.
10.14 Master Agreement with Spicer Consulting Group for Professional OnCall Services for Special District Annexation and Other Related Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Master Agreement for professional oncall services for special district annexation and other related services with Spicer Consulting Group effective July 1, 2023, through June 30, 2027, for a total nottoexceed amount of $350,000 for the term of the agreement; and
2. Authorize the Finance Department to issue individual purchase orders against the Agreement.
10.15 Agreements and Bonds for Tract No. 37439, Canterwood, by BRPLD LLC RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Public Improvement Agreement to guarantee the completion of required public improvements associated with Tract No. 37439 by BRPLD LLC, located east of Briggs Road and south of Holland Road, bordering City of Menifee Limits.
10.16 Acceptance of Public Improvements and 90% Release of Security for Parcel Map No. 37130, McCall Plaza, by McCall Plaza, LP
RECOMMENDED ACTION
1. Accept the public improvements for streets, drainage, water, and sewer systems for Parcel Map No. 37130, McCall Plaza, located south of McCall Boulevard and east of Sherman Road; and
2. Authorize the City Engineer to release the posted securities per the City’s Standard Policies.
10.17 Agreement for Deferral of Annexation into a Maintenance Community Facility District, Golden Meadows Tract Map No. 31194, by Richland Planned Communities, Inc.
RECOMMENDED ACTION
1. Approve the amended Conditions of Approval established for Tract Map No. 31194, Golden Meadows, located south of Garbani Road, north of Wickerd Road, and east of Evans Road, to incorporate language providing an option for the developer, Richland Planned Communities, Inc., to enter into a Community Facilities District (CFD) deferral agreement; and
2. Approve and authorize the City Manager to execute an agreement to defer the timing for the annexation of Tract Map No. 31194 into a maintenance CFD.
11. PUBLIC HEARING ITEMS NONE
12. DISCUSSION ITEMS
12.1 Military Banner Program Policy Amendment
RECOMMENDED ACTION
1. Review and approve the amended policy for the Military Banner Program.
12.2 Veterans Committee and Resources
RECOMMENDED ACTION
1. Review and discuss the potential formation of a Veterans Advisory Committee.
12.3 Memorandum of Understanding with Perris Union High School District for a 2024 Summer Aquatics Program
RECOMMENDED ACTION
1. Review and provide feedback on the potential partnership with Perris Union High School District for the use of the aquatic facility at Paloma Valley High school for Aquatics Programs for Summer 2024.
12.4 Agreement with the Menifee Valley Chamber of Commerce for the Economic Development JOBSNow Initiative and Sponsorship
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute the Economic Development JOBSNow Initiative and Sponsorship Agreement with the Menifee Valley Chamber of Commerce for a period of three years in an amount not to exceed $300,000; and
2. Adopt a FY 2023/2024 budget amendment resolution appropriating $58,334 in revenues and expenditures for the Menifee JOBSNow Initiative in the American Rescue Plan Act (ARPA) Fund 301; and
3. Approve the allocation of $100,000 in ARPA funding (Fund 301) for the Menifee JOBSNow Initiative for FY 2024/2025.
13. CITY ATTORNEY REPORTS
14. CITY MANAGER REPORTS
15. FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Key to the City Discussion (Sobek, July 19, 2023)
Target Date: January 17, 2024
> Property Tax Benefits for Disabled Veterans (Estrada, July 19, 2023) Target Date: TBD
> Discuss Reduction of Business License to be the Lowest In the County (Estrada, October 4, 2023)
Target Date: TBD
> Discuss options on how to move forward with annexation of all Parks located in Menifee. (Estrada, October 4, 2023)
Target Date: TBD
> Discuss street name change for Comey View Court.(Karwin, October 18, 2023) Target Date: January 17, 2024
16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.
Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.
Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.
Menifee
Mayor
and
City
Council
November
15,
2023
Page
1 of 672
City Council Chambers
29844 Haun Road
Menifee, CA 92586
Bill Zimmerman, Mayor
Bob Karwin, District 1
Ricky Estrada,District 2
Lesa Sobek, District 3
Dean Deines, District 4
AGENDA
Menifee City Council
Regular Meeting Agenda
Wednesday, November 15, 2023
4:30 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City
Attorney
Stephanie Roseen, Acting Clerk
CLOSED SESSION (4:30 PM)
1. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI230303456
City of Perris v. City of Menifee
2. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI2203040
City of Menifee v. City of Perris
3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVR12202132
Monkres v. City of Menifee
4. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION:
Significant Exposure to Litigation (Gov. Code Section 54956.9(d)(2) or (3)):
One Case
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Pastor Tony Truax – Hope Christian Church
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. Outstanding Citizen – Sheila Lawton
5.2. Business Spotlight – Anguiano’s Bakery
5.3. Caltrans Update
5.4. The Wall That Heals Documentary
6. AGENDA APPROVAL OR MODIFICATIONS
7. PUBLIC COMMENTS (NONAGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda. The Ralph M. Brown Act limits the Council’s ability to respon d to comments on nonagendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.
8. COUNCILMEMBER UPDATES AND COMMENTS
9. APPROVAL OF MINUTES
9.1 October 4, 2023 City Council Minutes
10. CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar. If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.
10.1 Waiver of Reading
RECOMMENDED ACTION
1. Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.
10.2 Warrant Register
RECOMMENDED ACTION
1. Ratify and approve the Voucher Lists dated 10/13/2023 and 10/20/2023, the Payroll Register/Other EFTs dated 10/11/2023, 10/12/2023, and 10/13/2023 which have a total budgetary impact of $11,230,550.88.
10.3 Treasurer's Report
RECOMMENDED ACTION
1. Receive and file the Treasurer’s Report as of September 30, 2023.
10.4 Menifee Police Management Association Side Letter Agreement RECOMMENDED ACTION
Authorize the City Manager or designee to execute and implement terms of the Memorandum of Understanding Side Letter with the Menifee Police Management Association.
10.5 Employee Teleworking Program Policy
RECOMMENDED ACTION
1. Receive and review the Administrative Policy for the City’s Teleworking Program.
10.6 Monthly Public Safety Reports
RECOMMENDED ACTION
1. Receive and file.
10.7 Agreement with Flock Safety Group, Inc. for Automated License Plate Reader Cameras
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute an agreement with Flock Group, Inc. dba Flock Safety Services for automated license plate reader cameras and service through Fiscal Year 2027/2028 in the nottoexceed amount of $362,500; and
2. Authorize the City Manager, or his designee, to approve the optional twoyear renewal term for Fiscal Years 2028/2029 and 2029/2030 in an amount notto exceed $72,500 per year.
10.8 Office of Traffic Safety Selective Traffic Enforcement Program Grant RECOMMENDED ACTION
1. Accept the grant funds from the Office of Traffic Safety Selective Traffic Enforcement Program Grant for the Menifee Police Department; and
2. Adopt a budget amendment resolution approving an increase in revenue and appropriation of expenditures in the amount of $140,000 to a project account as assigned by the Finance Department; and
3. Authorize the City Manager, or their designee, to execute all necessary documents to implement the Office of Traffic Safety Selective Traffic Enforcement Program Grant purchases.
10.9 Asset Forfeiture Appropriation of Funds
RECOMMENDED ACTION
1. Approve a budget amendment resolution authorizing the Menifee Police Department to appropriate asset forfeiture funds in the amount of $20,563 for the purchase of a narcotics canine (K9) and applicable training.
10.10 Agreement with Helix Environmental Planning, Inc. for CEQA Consulting Services for Evans Park North Design
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Professional Services Agreement with Helix Environmental Planning, Inc. for CEQA consulting services in an amount nottoexceed $297,650 for Capital Improvement Program (CIP) Project No. 2408, Evans Park North Design and Construction.
10.11 Agreement Amendment with Western Riverside Council of Governments for the Holland Road/I215 Overcrossing Project
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 3 to the Transportation Uniform Mitigation Fee Program Reimbursement Agreement with Western Regional Council of Governments; and
2. Adopt a budget amendment resolution appropriating $1,000,000 to Fund 310 in expenditures and corresponding revenues; and
3. Adopt a budget amendment resolution appropriating fund balance in the amount of $500,000 from Fund 415 to respective project accounts.
10.12 Agreement Amendment No. 1 with Southstar Engineering & Consulting, Inc., for the Holland Road/I215 Overcrossing Project Construction Management RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 1 to the Professional Services Agreement with Southstar Engineering & Consulting, Inc. increasing the compensation by $1,152,405.31 for a total agreement amount not toexceed $4,400,642.74, and extending the term through December 31, 2024, for the Holland Road / I215 Overcrossing, Capital Improvement Program Project No. CIP 1303
10.13 Contract Change Order with Ferreira Coastal Construction Company for the Holland Road/I215 Overcrossing Underground Utilities Subproject RECOMMENDED ACTION
1. Approve an increase to the contract contingency amount with Ferreira Coastal Construction Company to a total of $201,734.56, or 28.05% of the original contract amount, and authorize the City Manager to approve Contract Change Order No. 7 in a nottoexceed amount of $21,984.10.
10.14 Master Agreement with Spicer Consulting Group for Professional OnCall Services for Special District Annexation and Other Related Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Master Agreement for professional oncall services for special district annexation and other related services with Spicer Consulting Group effective July 1, 2023, through June 30, 2027, for a total nottoexceed amount of $350,000 for the term of the agreement; and
2. Authorize the Finance Department to issue individual purchase orders against the Agreement.
10.15 Agreements and Bonds for Tract No. 37439, Canterwood, by BRPLD LLC RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Public Improvement Agreement to guarantee the completion of required public improvements associated with Tract No. 37439 by BRPLD LLC, located east of Briggs Road and south of Holland Road, bordering City of Menifee Limits.
10.16 Acceptance of Public Improvements and 90% Release of Security for Parcel Map No. 37130, McCall Plaza, by McCall Plaza, LP
RECOMMENDED ACTION
1. Accept the public improvements for streets, drainage, water, and sewer systems for Parcel Map No. 37130, McCall Plaza, located south of McCall Boulevard and east of Sherman Road; and
2. Authorize the City Engineer to release the posted securities per the City’s Standard Policies.
10.17 Agreement for Deferral of Annexation into a Maintenance Community Facility District, Golden Meadows Tract Map No. 31194, by Richland Planned Communities, Inc.
RECOMMENDED ACTION
1. Approve the amended Conditions of Approval established for Tract Map No. 31194, Golden Meadows, located south of Garbani Road, north of Wickerd Road, and east of Evans Road, to incorporate language providing an option for the developer, Richland Planned Communities, Inc., to enter into a Community Facilities District (CFD) deferral agreement; and
2. Approve and authorize the City Manager to execute an agreement to defer the timing for the annexation of Tract Map No. 31194 into a maintenance CFD.
11. PUBLIC HEARING ITEMS NONE
12. DISCUSSION ITEMS
12.1 Military Banner Program Policy Amendment
RECOMMENDED ACTION
1. Review and approve the amended policy for the Military Banner Program.
12.2 Veterans Committee and Resources
RECOMMENDED ACTION
1. Review and discuss the potential formation of a Veterans Advisory Committee.
12.3 Memorandum of Understanding with Perris Union High School District for a 2024 Summer Aquatics Program
RECOMMENDED ACTION
1. Review and provide feedback on the potential partnership with Perris Union High School District for the use of the aquatic facility at Paloma Valley High school for Aquatics Programs for Summer 2024.
12.4 Agreement with the Menifee Valley Chamber of Commerce for the Economic Development JOBSNow Initiative and Sponsorship
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute the Economic Development JOBSNow Initiative and Sponsorship Agreement with the Menifee Valley Chamber of Commerce for a period of three years in an amount not to exceed $300,000; and
2. Adopt a FY 2023/2024 budget amendment resolution appropriating $58,334 in revenues and expenditures for the Menifee JOBSNow Initiative in the American Rescue Plan Act (ARPA) Fund 301; and
3. Approve the allocation of $100,000 in ARPA funding (Fund 301) for the Menifee JOBSNow Initiative for FY 2024/2025.
13. CITY ATTORNEY REPORTS
14. CITY MANAGER REPORTS
15. FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Key to the City Discussion (Sobek, July 19, 2023)
Target Date: January 17, 2024
> Property Tax Benefits for Disabled Veterans (Estrada, July 19, 2023) Target Date: TBD
> Discuss Reduction of Business License to be the Lowest In the County (Estrada, October 4, 2023)
Target Date: TBD
> Discuss options on how to move forward with annexation of all Parks located in Menifee. (Estrada, October 4, 2023)
Target Date: TBD
> Discuss street name change for Comey View Court.(Karwin, October 18, 2023) Target Date: January 17, 2024
16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.
Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.
Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.
Menifee
Mayor
and
City
Council
November
15,
2023
Page
2 of 672
City Council Chambers
29844 Haun Road
Menifee, CA 92586
Bill Zimmerman, Mayor
Bob Karwin, District 1
Ricky Estrada,District 2
Lesa Sobek, District 3
Dean Deines, District 4
AGENDA
Menifee City Council
Regular Meeting Agenda
Wednesday, November 15, 2023
4:30 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City
Attorney
Stephanie Roseen, Acting Clerk
CLOSED SESSION (4:30 PM)
1. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI230303456
City of Perris v. City of Menifee
2. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI2203040
City of Menifee v. City of Perris
3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVR12202132
Monkres v. City of Menifee
4. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION:
Significant Exposure to Litigation (Gov. Code Section 54956.9(d)(2) or (3)):
One Case
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Pastor Tony Truax – Hope Christian Church
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. Outstanding Citizen – Sheila Lawton
5.2. Business Spotlight – Anguiano’s Bakery
5.3. Caltrans Update
5.4. The Wall That Heals Documentary
6. AGENDA APPROVAL OR MODIFICATIONS
7. PUBLIC COMMENTS (NONAGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda. The Ralph M. Brown Act limits the Council’s ability to respon d to comments on nonagendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.
8. COUNCILMEMBER UPDATES AND COMMENTS
9. APPROVAL OF MINUTES
9.1 October 4, 2023 City Council Minutes
10. CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar. If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.
10.1 Waiver of Reading
RECOMMENDED ACTION
1. Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.
10.2 Warrant Register
RECOMMENDED ACTION
1. Ratify and approve the Voucher Lists dated 10/13/2023 and 10/20/2023, the Payroll Register/Other EFTs dated 10/11/2023, 10/12/2023, and 10/13/2023 which have a total budgetary impact of $11,230,550.88.
10.3 Treasurer's Report
RECOMMENDED ACTION
1. Receive and file the Treasurer’s Report as of September 30, 2023.
10.4 Menifee Police Management Association Side Letter Agreement RECOMMENDED ACTION
Authorize the City Manager or designee to execute and implement terms of the Memorandum of Understanding Side Letter with the Menifee Police Management Association.
10.5 Employee Teleworking Program Policy
RECOMMENDED ACTION
1. Receive and review the Administrative Policy for the City’s Teleworking Program.
10.6 Monthly Public Safety Reports
RECOMMENDED ACTION
1. Receive and file.
10.7 Agreement with Flock Safety Group, Inc. for Automated License Plate Reader Cameras
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute an agreement with Flock Group, Inc. dba Flock Safety Services for automated license plate reader cameras and service through Fiscal Year 2027/2028 in the nottoexceed amount of $362,500; and
2. Authorize the City Manager, or his designee, to approve the optional twoyear renewal term for Fiscal Years 2028/2029 and 2029/2030 in an amount notto exceed $72,500 per year.
10.8 Office of Traffic Safety Selective Traffic Enforcement Program Grant RECOMMENDED ACTION
1. Accept the grant funds from the Office of Traffic Safety Selective Traffic Enforcement Program Grant for the Menifee Police Department; and
2. Adopt a budget amendment resolution approving an increase in revenue and appropriation of expenditures in the amount of $140,000 to a project account as assigned by the Finance Department; and
3. Authorize the City Manager, or their designee, to execute all necessary documents to implement the Office of Traffic Safety Selective Traffic Enforcement Program Grant purchases.
10.9 Asset Forfeiture Appropriation of Funds
RECOMMENDED ACTION
1. Approve a budget amendment resolution authorizing the Menifee Police Department to appropriate asset forfeiture funds in the amount of $20,563 for the purchase of a narcotics canine (K9) and applicable training.
10.10 Agreement with Helix Environmental Planning, Inc. for CEQA Consulting Services for Evans Park North Design
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Professional Services Agreement with Helix Environmental Planning, Inc. for CEQA consulting services in an amount nottoexceed $297,650 for Capital Improvement Program (CIP) Project No. 2408, Evans Park North Design and Construction.
10.11 Agreement Amendment with Western Riverside Council of Governments for the Holland Road/I215 Overcrossing Project
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 3 to the Transportation Uniform Mitigation Fee Program Reimbursement Agreement with Western Regional Council of Governments; and
2. Adopt a budget amendment resolution appropriating $1,000,000 to Fund 310 in expenditures and corresponding revenues; and
3. Adopt a budget amendment resolution appropriating fund balance in the amount of $500,000 from Fund 415 to respective project accounts.
10.12 Agreement Amendment No. 1 with Southstar Engineering & Consulting, Inc., for the Holland Road/I215 Overcrossing Project Construction Management RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 1 to the Professional Services Agreement with Southstar Engineering & Consulting, Inc. increasing the compensation by $1,152,405.31 for a total agreement amount not toexceed $4,400,642.74, and extending the term through December 31, 2024, for the Holland Road / I215 Overcrossing, Capital Improvement Program Project No. CIP 1303
10.13 Contract Change Order with Ferreira Coastal Construction Company for the Holland Road/I215 Overcrossing Underground Utilities Subproject RECOMMENDED ACTION
1. Approve an increase to the contract contingency amount with Ferreira Coastal Construction Company to a total of $201,734.56, or 28.05% of the original contract amount, and authorize the City Manager to approve Contract Change Order No. 7 in a nottoexceed amount of $21,984.10.
10.14 Master Agreement with Spicer Consulting Group for Professional OnCall Services for Special District Annexation and Other Related Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Master Agreement for professional oncall services for special district annexation and other related services with Spicer Consulting Group effective July 1, 2023, through June 30, 2027, for a total nottoexceed amount of $350,000 for the term of the agreement; and
2. Authorize the Finance Department to issue individual purchase orders against the Agreement.
10.15 Agreements and Bonds for Tract No. 37439, Canterwood, by BRPLD LLC RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Public Improvement Agreement to guarantee the completion of required public improvements associated with Tract No. 37439 by BRPLD LLC, located east of Briggs Road and south of Holland Road, bordering City of Menifee Limits.
10.16 Acceptance of Public Improvements and 90% Release of Security for Parcel Map No. 37130, McCall Plaza, by McCall Plaza, LP
RECOMMENDED ACTION
1. Accept the public improvements for streets, drainage, water, and sewer systems for Parcel Map No. 37130, McCall Plaza, located south of McCall Boulevard and east of Sherman Road; and
2. Authorize the City Engineer to release the posted securities per the City’s Standard Policies.
10.17 Agreement for Deferral of Annexation into a Maintenance Community Facility District, Golden Meadows Tract Map No. 31194, by Richland Planned Communities, Inc.
RECOMMENDED ACTION
1. Approve the amended Conditions of Approval established for Tract Map No. 31194, Golden Meadows, located south of Garbani Road, north of Wickerd Road, and east of Evans Road, to incorporate language providing an option for the developer, Richland Planned Communities, Inc., to enter into a Community Facilities District (CFD) deferral agreement; and
2. Approve and authorize the City Manager to execute an agreement to defer the timing for the annexation of Tract Map No. 31194 into a maintenance CFD.
11. PUBLIC HEARING ITEMS NONE
12. DISCUSSION ITEMS
12.1 Military Banner Program Policy Amendment
RECOMMENDED ACTION
1. Review and approve the amended policy for the Military Banner Program.
12.2 Veterans Committee and Resources
RECOMMENDED ACTION
1. Review and discuss the potential formation of a Veterans Advisory Committee.
12.3 Memorandum of Understanding with Perris Union High School District for a 2024 Summer Aquatics Program
RECOMMENDED ACTION
1. Review and provide feedback on the potential partnership with Perris Union High School District for the use of the aquatic facility at Paloma Valley High school for Aquatics Programs for Summer 2024.
12.4 Agreement with the Menifee Valley Chamber of Commerce for the Economic Development JOBSNow Initiative and Sponsorship
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute the Economic Development JOBSNow Initiative and Sponsorship Agreement with the Menifee Valley Chamber of Commerce for a period of three years in an amount not to exceed $300,000; and
2. Adopt a FY 2023/2024 budget amendment resolution appropriating $58,334 in revenues and expenditures for the Menifee JOBSNow Initiative in the American Rescue Plan Act (ARPA) Fund 301; and
3. Approve the allocation of $100,000 in ARPA funding (Fund 301) for the Menifee JOBSNow Initiative for FY 2024/2025.
13. CITY ATTORNEY REPORTS
14. CITY MANAGER REPORTS
15. FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Key to the City Discussion (Sobek, July 19, 2023)
Target Date: January 17, 2024
> Property Tax Benefits for Disabled Veterans (Estrada, July 19, 2023) Target Date: TBD
> Discuss Reduction of Business License to be the Lowest In the County (Estrada, October 4, 2023)
Target Date: TBD
> Discuss options on how to move forward with annexation of all Parks located in Menifee. (Estrada, October 4, 2023)
Target Date: TBD
> Discuss street name change for Comey View Court.(Karwin, October 18, 2023) Target Date: January 17, 2024
16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.
Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.
Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.
Menifee
Mayor
and
City
Council
November
15,
2023
Page
3 of 672
City Council Chambers
29844 Haun Road
Menifee, CA 92586
Bill Zimmerman, Mayor
Bob Karwin, District 1
Ricky Estrada,District 2
Lesa Sobek, District 3
Dean Deines, District 4
AGENDA
Menifee City Council
Regular Meeting Agenda
Wednesday, November 15, 2023
4:30 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City
Attorney
Stephanie Roseen, Acting Clerk
CLOSED SESSION (4:30 PM)
1. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI230303456
City of Perris v. City of Menifee
2. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI2203040
City of Menifee v. City of Perris
3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVR12202132
Monkres v. City of Menifee
4. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION:
Significant Exposure to Litigation (Gov. Code Section 54956.9(d)(2) or (3)):
One Case
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Pastor Tony Truax – Hope Christian Church
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. Outstanding Citizen – Sheila Lawton
5.2. Business Spotlight – Anguiano’s Bakery
5.3. Caltrans Update
5.4. The Wall That Heals Documentary
6. AGENDA APPROVAL OR MODIFICATIONS
7. PUBLIC COMMENTS (NONAGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda. The Ralph M. Brown Act limits the Council’s ability to respon d to comments on nonagendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.
8. COUNCILMEMBER UPDATES AND COMMENTS
9. APPROVAL OF MINUTES
9.1 October 4, 2023 City Council Minutes
10. CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar. If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.
10.1 Waiver of Reading
RECOMMENDED ACTION
1. Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.
10.2 Warrant Register
RECOMMENDED ACTION
1. Ratify and approve the Voucher Lists dated 10/13/2023 and 10/20/2023, the Payroll Register/Other EFTs dated 10/11/2023, 10/12/2023, and 10/13/2023 which have a total budgetary impact of $11,230,550.88.
10.3 Treasurer's Report
RECOMMENDED ACTION
1. Receive and file the Treasurer’s Report as of September 30, 2023.
10.4 Menifee Police Management Association Side Letter Agreement RECOMMENDED ACTION
Authorize the City Manager or designee to execute and implement terms of the Memorandum of Understanding Side Letter with the Menifee Police Management Association.
10.5 Employee Teleworking Program Policy
RECOMMENDED ACTION
1. Receive and review the Administrative Policy for the City’s Teleworking Program.
10.6 Monthly Public Safety Reports
RECOMMENDED ACTION
1. Receive and file.
10.7 Agreement with Flock Safety Group, Inc. for Automated License Plate Reader Cameras
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute an agreement with Flock Group, Inc. dba Flock Safety Services for automated license plate reader cameras and service through Fiscal Year 2027/2028 in the nottoexceed amount of $362,500; and
2. Authorize the City Manager, or his designee, to approve the optional twoyear renewal term for Fiscal Years 2028/2029 and 2029/2030 in an amount notto exceed $72,500 per year.
10.8 Office of Traffic Safety Selective Traffic Enforcement Program Grant RECOMMENDED ACTION
1. Accept the grant funds from the Office of Traffic Safety Selective Traffic Enforcement Program Grant for the Menifee Police Department; and
2. Adopt a budget amendment resolution approving an increase in revenue and appropriation of expenditures in the amount of $140,000 to a project account as assigned by the Finance Department; and
3. Authorize the City Manager, or their designee, to execute all necessary documents to implement the Office of Traffic Safety Selective Traffic Enforcement Program Grant purchases.
10.9 Asset Forfeiture Appropriation of Funds
RECOMMENDED ACTION
1. Approve a budget amendment resolution authorizing the Menifee Police Department to appropriate asset forfeiture funds in the amount of $20,563 for the purchase of a narcotics canine (K9) and applicable training.
10.10 Agreement with Helix Environmental Planning, Inc. for CEQA Consulting Services for Evans Park North Design
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Professional Services Agreement with Helix Environmental Planning, Inc. for CEQA consulting services in an amount nottoexceed $297,650 for Capital Improvement Program (CIP) Project No. 2408, Evans Park North Design and Construction.
10.11 Agreement Amendment with Western Riverside Council of Governments for the Holland Road/I215 Overcrossing Project
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 3 to the Transportation Uniform Mitigation Fee Program Reimbursement Agreement with Western Regional Council of Governments; and
2. Adopt a budget amendment resolution appropriating $1,000,000 to Fund 310 in expenditures and corresponding revenues; and
3. Adopt a budget amendment resolution appropriating fund balance in the amount of $500,000 from Fund 415 to respective project accounts.
10.12 Agreement Amendment No. 1 with Southstar Engineering & Consulting, Inc., for the Holland Road/I215 Overcrossing Project Construction Management RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 1 to the Professional Services Agreement with Southstar Engineering & Consulting, Inc. increasing the compensation by $1,152,405.31 for a total agreement amount not toexceed $4,400,642.74, and extending the term through December 31, 2024, for the Holland Road / I215 Overcrossing, Capital Improvement Program Project No. CIP 1303
10.13 Contract Change Order with Ferreira Coastal Construction Company for the Holland Road/I215 Overcrossing Underground Utilities Subproject RECOMMENDED ACTION
1. Approve an increase to the contract contingency amount with Ferreira Coastal Construction Company to a total of $201,734.56, or 28.05% of the original contract amount, and authorize the City Manager to approve Contract Change Order No. 7 in a nottoexceed amount of $21,984.10.
10.14 Master Agreement with Spicer Consulting Group for Professional OnCall Services for Special District Annexation and Other Related Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Master Agreement for professional oncall services for special district annexation and other related services with Spicer Consulting Group effective July 1, 2023, through June 30, 2027, for a total nottoexceed amount of $350,000 for the term of the agreement; and
2. Authorize the Finance Department to issue individual purchase orders against the Agreement.
10.15 Agreements and Bonds for Tract No. 37439, Canterwood, by BRPLD LLC RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Public Improvement Agreement to guarantee the completion of required public improvements associated with Tract No. 37439 by BRPLD LLC, located east of Briggs Road and south of Holland Road, bordering City of Menifee Limits.
10.16 Acceptance of Public Improvements and 90% Release of Security for Parcel Map No. 37130, McCall Plaza, by McCall Plaza, LP
RECOMMENDED ACTION
1. Accept the public improvements for streets, drainage, water, and sewer systems for Parcel Map No. 37130, McCall Plaza, located south of McCall Boulevard and east of Sherman Road; and
2. Authorize the City Engineer to release the posted securities per the City’s Standard Policies.
10.17 Agreement for Deferral of Annexation into a Maintenance Community Facility District, Golden Meadows Tract Map No. 31194, by Richland Planned Communities, Inc.
RECOMMENDED ACTION
1. Approve the amended Conditions of Approval established for Tract Map No. 31194, Golden Meadows, located south of Garbani Road, north of Wickerd Road, and east of Evans Road, to incorporate language providing an option for the developer, Richland Planned Communities, Inc., to enter into a Community Facilities District (CFD) deferral agreement; and
2. Approve and authorize the City Manager to execute an agreement to defer the timing for the annexation of Tract Map No. 31194 into a maintenance CFD.
11. PUBLIC HEARING ITEMS NONE
12. DISCUSSION ITEMS
12.1 Military Banner Program Policy Amendment
RECOMMENDED ACTION
1. Review and approve the amended policy for the Military Banner Program.
12.2 Veterans Committee and Resources
RECOMMENDED ACTION
1. Review and discuss the potential formation of a Veterans Advisory Committee.
12.3 Memorandum of Understanding with Perris Union High School District for a 2024 Summer Aquatics Program
RECOMMENDED ACTION
1. Review and provide feedback on the potential partnership with Perris Union High School District for the use of the aquatic facility at Paloma Valley High school for Aquatics Programs for Summer 2024.
12.4 Agreement with the Menifee Valley Chamber of Commerce for the Economic Development JOBSNow Initiative and Sponsorship
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute the Economic Development JOBSNow Initiative and Sponsorship Agreement with the Menifee Valley Chamber of Commerce for a period of three years in an amount not to exceed $300,000; and
2. Adopt a FY 2023/2024 budget amendment resolution appropriating $58,334 in revenues and expenditures for the Menifee JOBSNow Initiative in the American Rescue Plan Act (ARPA) Fund 301; and
3. Approve the allocation of $100,000 in ARPA funding (Fund 301) for the Menifee JOBSNow Initiative for FY 2024/2025.
13. CITY ATTORNEY REPORTS
14. CITY MANAGER REPORTS
15. FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Key to the City Discussion (Sobek, July 19, 2023)
Target Date: January 17, 2024
> Property Tax Benefits for Disabled Veterans (Estrada, July 19, 2023) Target Date: TBD
> Discuss Reduction of Business License to be the Lowest In the County (Estrada, October 4, 2023)
Target Date: TBD
> Discuss options on how to move forward with annexation of all Parks located in Menifee. (Estrada, October 4, 2023)
Target Date: TBD
> Discuss street name change for Comey View Court.(Karwin, October 18, 2023) Target Date: January 17, 2024
16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.
Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.
Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.
Menifee
Mayor
and
City
Council
November
15,
2023
Page
4 of 672
City Council Chambers
29844 Haun Road
Menifee, CA 92586
Bill Zimmerman, Mayor
Bob Karwin, District 1
Ricky Estrada,District 2
Lesa Sobek, District 3
Dean Deines, District 4
AGENDA
Menifee City Council
Regular Meeting Agenda
Wednesday, November 15, 2023
4:30 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City
Attorney
Stephanie Roseen, Acting Clerk
CLOSED SESSION (4:30 PM)
1. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI230303456
City of Perris v. City of Menifee
2. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI2203040
City of Menifee v. City of Perris
3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVR12202132
Monkres v. City of Menifee
4. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION:
Significant Exposure to Litigation (Gov. Code Section 54956.9(d)(2) or (3)):
One Case
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Pastor Tony Truax – Hope Christian Church
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. Outstanding Citizen – Sheila Lawton
5.2. Business Spotlight – Anguiano’s Bakery
5.3. Caltrans Update
5.4. The Wall That Heals Documentary
6. AGENDA APPROVAL OR MODIFICATIONS
7. PUBLIC COMMENTS (NONAGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda. The Ralph M. Brown Act limits the Council’s ability to respon d to comments on nonagendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.
8. COUNCILMEMBER UPDATES AND COMMENTS
9. APPROVAL OF MINUTES
9.1 October 4, 2023 City Council Minutes
10. CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar. If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.
10.1 Waiver of Reading
RECOMMENDED ACTION
1. Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.
10.2 Warrant Register
RECOMMENDED ACTION
1. Ratify and approve the Voucher Lists dated 10/13/2023 and 10/20/2023, the Payroll Register/Other EFTs dated 10/11/2023, 10/12/2023, and 10/13/2023 which have a total budgetary impact of $11,230,550.88.
10.3 Treasurer's Report
RECOMMENDED ACTION
1. Receive and file the Treasurer’s Report as of September 30, 2023.
10.4 Menifee Police Management Association Side Letter Agreement RECOMMENDED ACTION
Authorize the City Manager or designee to execute and implement terms of the Memorandum of Understanding Side Letter with the Menifee Police Management Association.
10.5 Employee Teleworking Program Policy
RECOMMENDED ACTION
1. Receive and review the Administrative Policy for the City’s Teleworking Program.
10.6 Monthly Public Safety Reports
RECOMMENDED ACTION
1. Receive and file.
10.7 Agreement with Flock Safety Group, Inc. for Automated License Plate Reader Cameras
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute an agreement with Flock Group, Inc. dba Flock Safety Services for automated license plate reader cameras and service through Fiscal Year 2027/2028 in the nottoexceed amount of $362,500; and
2. Authorize the City Manager, or his designee, to approve the optional twoyear renewal term for Fiscal Years 2028/2029 and 2029/2030 in an amount notto exceed $72,500 per year.
10.8 Office of Traffic Safety Selective Traffic Enforcement Program Grant RECOMMENDED ACTION
1. Accept the grant funds from the Office of Traffic Safety Selective Traffic Enforcement Program Grant for the Menifee Police Department; and
2. Adopt a budget amendment resolution approving an increase in revenue and appropriation of expenditures in the amount of $140,000 to a project account as assigned by the Finance Department; and
3. Authorize the City Manager, or their designee, to execute all necessary documents to implement the Office of Traffic Safety Selective Traffic Enforcement Program Grant purchases.
10.9 Asset Forfeiture Appropriation of Funds
RECOMMENDED ACTION
1. Approve a budget amendment resolution authorizing the Menifee Police Department to appropriate asset forfeiture funds in the amount of $20,563 for the purchase of a narcotics canine (K9) and applicable training.
10.10 Agreement with Helix Environmental Planning, Inc. for CEQA Consulting Services for Evans Park North Design
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Professional Services Agreement with Helix Environmental Planning, Inc. for CEQA consulting services in an amount nottoexceed $297,650 for Capital Improvement Program (CIP) Project No. 2408, Evans Park North Design and Construction.
10.11 Agreement Amendment with Western Riverside Council of Governments for the Holland Road/I215 Overcrossing Project
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 3 to the Transportation Uniform Mitigation Fee Program Reimbursement Agreement with Western Regional Council of Governments; and
2. Adopt a budget amendment resolution appropriating $1,000,000 to Fund 310 in expenditures and corresponding revenues; and
3. Adopt a budget amendment resolution appropriating fund balance in the amount of $500,000 from Fund 415 to respective project accounts.
10.12 Agreement Amendment No. 1 with Southstar Engineering & Consulting, Inc., for the Holland Road/I215 Overcrossing Project Construction Management RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 1 to the Professional Services Agreement with Southstar Engineering & Consulting, Inc. increasing the compensation by $1,152,405.31 for a total agreement amount not toexceed $4,400,642.74, and extending the term through December 31, 2024, for the Holland Road / I215 Overcrossing, Capital Improvement Program Project No. CIP 1303
10.13 Contract Change Order with Ferreira Coastal Construction Company for the Holland Road/I215 Overcrossing Underground Utilities Subproject RECOMMENDED ACTION
1. Approve an increase to the contract contingency amount with Ferreira Coastal Construction Company to a total of $201,734.56, or 28.05% of the original contract amount, and authorize the City Manager to approve Contract Change Order No. 7 in a nottoexceed amount of $21,984.10.
10.14 Master Agreement with Spicer Consulting Group for Professional OnCall Services for Special District Annexation and Other Related Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Master Agreement for professional oncall services for special district annexation and other related services with Spicer Consulting Group effective July 1, 2023, through June 30, 2027, for a total nottoexceed amount of $350,000 for the term of the agreement; and
2. Authorize the Finance Department to issue individual purchase orders against the Agreement.
10.15 Agreements and Bonds for Tract No. 37439, Canterwood, by BRPLD LLC RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Public Improvement Agreement to guarantee the completion of required public improvements associated with Tract No. 37439 by BRPLD LLC, located east of Briggs Road and south of Holland Road, bordering City of Menifee Limits.
10.16 Acceptance of Public Improvements and 90% Release of Security for Parcel Map No. 37130, McCall Plaza, by McCall Plaza, LP
RECOMMENDED ACTION
1. Accept the public improvements for streets, drainage, water, and sewer systems for Parcel Map No. 37130, McCall Plaza, located south of McCall Boulevard and east of Sherman Road; and
2. Authorize the City Engineer to release the posted securities per the City’s Standard Policies.
10.17 Agreement for Deferral of Annexation into a Maintenance Community Facility District, Golden Meadows Tract Map No. 31194, by Richland Planned Communities, Inc.
RECOMMENDED ACTION
1. Approve the amended Conditions of Approval established for Tract Map No. 31194, Golden Meadows, located south of Garbani Road, north of Wickerd Road, and east of Evans Road, to incorporate language providing an option for the developer, Richland Planned Communities, Inc., to enter into a Community Facilities District (CFD) deferral agreement; and
2. Approve and authorize the City Manager to execute an agreement to defer the timing for the annexation of Tract Map No. 31194 into a maintenance CFD.
11. PUBLIC HEARING ITEMS NONE
12. DISCUSSION ITEMS
12.1 Military Banner Program Policy Amendment
RECOMMENDED ACTION
1. Review and approve the amended policy for the Military Banner Program.
12.2 Veterans Committee and Resources
RECOMMENDED ACTION
1. Review and discuss the potential formation of a Veterans Advisory Committee.
12.3 Memorandum of Understanding with Perris Union High School District for a 2024 Summer Aquatics Program
RECOMMENDED ACTION
1. Review and provide feedback on the potential partnership with Perris Union High School District for the use of the aquatic facility at Paloma Valley High school for Aquatics Programs for Summer 2024.
12.4 Agreement with the Menifee Valley Chamber of Commerce for the Economic Development JOBSNow Initiative and Sponsorship
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute the Economic Development JOBSNow Initiative and Sponsorship Agreement with the Menifee Valley Chamber of Commerce for a period of three years in an amount not to exceed $300,000; and
2. Adopt a FY 2023/2024 budget amendment resolution appropriating $58,334 in revenues and expenditures for the Menifee JOBSNow Initiative in the American Rescue Plan Act (ARPA) Fund 301; and
3. Approve the allocation of $100,000 in ARPA funding (Fund 301) for the Menifee JOBSNow Initiative for FY 2024/2025.
13. CITY ATTORNEY REPORTS
14. CITY MANAGER REPORTS
15. FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Key to the City Discussion (Sobek, July 19, 2023)
Target Date: January 17, 2024
> Property Tax Benefits for Disabled Veterans (Estrada, July 19, 2023) Target Date: TBD
> Discuss Reduction of Business License to be the Lowest In the County (Estrada, October 4, 2023)
Target Date: TBD
> Discuss options on how to move forward with annexation of all Parks located in Menifee. (Estrada, October 4, 2023)
Target Date: TBD
> Discuss street name change for Comey View Court.(Karwin, October 18, 2023) Target Date: January 17, 2024
16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.
Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.
Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.
Menifee
Mayor
and
City
Council
November
15,
2023
Page
5 of 672
City Council Chambers
29844 Haun Road
Menifee, CA 92586
Bill Zimmerman, Mayor
Bob Karwin, District 1
Ricky Estrada,District 2
Lesa Sobek, District 3
Dean Deines, District 4
AGENDA
Menifee City Council
Regular Meeting Agenda
Wednesday, November 15, 2023
4:30 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City
Attorney
Stephanie Roseen, Acting Clerk
CLOSED SESSION (4:30 PM)
1. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI230303456
City of Perris v. City of Menifee
2. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI2203040
City of Menifee v. City of Perris
3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVR12202132
Monkres v. City of Menifee
4. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION:
Significant Exposure to Litigation (Gov. Code Section 54956.9(d)(2) or (3)):
One Case
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Pastor Tony Truax – Hope Christian Church
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. Outstanding Citizen – Sheila Lawton
5.2. Business Spotlight – Anguiano’s Bakery
5.3. Caltrans Update
5.4. The Wall That Heals Documentary
6. AGENDA APPROVAL OR MODIFICATIONS
7. PUBLIC COMMENTS (NONAGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda. The Ralph M. Brown Act limits the Council’s ability to respon d to comments on nonagendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.
8. COUNCILMEMBER UPDATES AND COMMENTS
9. APPROVAL OF MINUTES
9.1 October 4, 2023 City Council Minutes
10. CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar. If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.
10.1 Waiver of Reading
RECOMMENDED ACTION
1. Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.
10.2 Warrant Register
RECOMMENDED ACTION
1. Ratify and approve the Voucher Lists dated 10/13/2023 and 10/20/2023, the Payroll Register/Other EFTs dated 10/11/2023, 10/12/2023, and 10/13/2023 which have a total budgetary impact of $11,230,550.88.
10.3 Treasurer's Report
RECOMMENDED ACTION
1. Receive and file the Treasurer’s Report as of September 30, 2023.
10.4 Menifee Police Management Association Side Letter Agreement RECOMMENDED ACTION
Authorize the City Manager or designee to execute and implement terms of the Memorandum of Understanding Side Letter with the Menifee Police Management Association.
10.5 Employee Teleworking Program Policy
RECOMMENDED ACTION
1. Receive and review the Administrative Policy for the City’s Teleworking Program.
10.6 Monthly Public Safety Reports
RECOMMENDED ACTION
1. Receive and file.
10.7 Agreement with Flock Safety Group, Inc. for Automated License Plate Reader Cameras
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute an agreement with Flock Group, Inc. dba Flock Safety Services for automated license plate reader cameras and service through Fiscal Year 2027/2028 in the nottoexceed amount of $362,500; and
2. Authorize the City Manager, or his designee, to approve the optional twoyear renewal term for Fiscal Years 2028/2029 and 2029/2030 in an amount notto exceed $72,500 per year.
10.8 Office of Traffic Safety Selective Traffic Enforcement Program Grant RECOMMENDED ACTION
1. Accept the grant funds from the Office of Traffic Safety Selective Traffic Enforcement Program Grant for the Menifee Police Department; and
2. Adopt a budget amendment resolution approving an increase in revenue and appropriation of expenditures in the amount of $140,000 to a project account as assigned by the Finance Department; and
3. Authorize the City Manager, or their designee, to execute all necessary documents to implement the Office of Traffic Safety Selective Traffic Enforcement Program Grant purchases.
10.9 Asset Forfeiture Appropriation of Funds
RECOMMENDED ACTION
1. Approve a budget amendment resolution authorizing the Menifee Police Department to appropriate asset forfeiture funds in the amount of $20,563 for the purchase of a narcotics canine (K9) and applicable training.
10.10 Agreement with Helix Environmental Planning, Inc. for CEQA Consulting Services for Evans Park North Design
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Professional Services Agreement with Helix Environmental Planning, Inc. for CEQA consulting services in an amount nottoexceed $297,650 for Capital Improvement Program (CIP) Project No. 2408, Evans Park North Design and Construction.
10.11 Agreement Amendment with Western Riverside Council of Governments for the Holland Road/I215 Overcrossing Project
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 3 to the Transportation Uniform Mitigation Fee Program Reimbursement Agreement with Western Regional Council of Governments; and
2. Adopt a budget amendment resolution appropriating $1,000,000 to Fund 310 in expenditures and corresponding revenues; and
3. Adopt a budget amendment resolution appropriating fund balance in the amount of $500,000 from Fund 415 to respective project accounts.
10.12 Agreement Amendment No. 1 with Southstar Engineering & Consulting, Inc., for the Holland Road/I215 Overcrossing Project Construction Management RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 1 to the Professional Services Agreement with Southstar Engineering & Consulting, Inc. increasing the compensation by $1,152,405.31 for a total agreement amount not toexceed $4,400,642.74, and extending the term through December 31, 2024, for the Holland Road / I215 Overcrossing, Capital Improvement Program Project No. CIP 1303
10.13 Contract Change Order with Ferreira Coastal Construction Company for the Holland Road/I215 Overcrossing Underground Utilities Subproject RECOMMENDED ACTION
1. Approve an increase to the contract contingency amount with Ferreira Coastal Construction Company to a total of $201,734.56, or 28.05% of the original contract amount, and authorize the City Manager to approve Contract Change Order No. 7 in a nottoexceed amount of $21,984.10.
10.14 Master Agreement with Spicer Consulting Group for Professional OnCall Services for Special District Annexation and Other Related Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Master Agreement for professional oncall services for special district annexation and other related services with Spicer Consulting Group effective July 1, 2023, through June 30, 2027, for a total nottoexceed amount of $350,000 for the term of the agreement; and
2. Authorize the Finance Department to issue individual purchase orders against the Agreement.
10.15 Agreements and Bonds for Tract No. 37439, Canterwood, by BRPLD LLC RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Public Improvement Agreement to guarantee the completion of required public improvements associated with Tract No. 37439 by BRPLD LLC, located east of Briggs Road and south of Holland Road, bordering City of Menifee Limits.
10.16 Acceptance of Public Improvements and 90% Release of Security for Parcel Map No. 37130, McCall Plaza, by McCall Plaza, LP
RECOMMENDED ACTION
1. Accept the public improvements for streets, drainage, water, and sewer systems for Parcel Map No. 37130, McCall Plaza, located south of McCall Boulevard and east of Sherman Road; and
2. Authorize the City Engineer to release the posted securities per the City’s Standard Policies.
10.17 Agreement for Deferral of Annexation into a Maintenance Community Facility District, Golden Meadows Tract Map No. 31194, by Richland Planned Communities, Inc.
RECOMMENDED ACTION
1. Approve the amended Conditions of Approval established for Tract Map No. 31194, Golden Meadows, located south of Garbani Road, north of Wickerd Road, and east of Evans Road, to incorporate language providing an option for the developer, Richland Planned Communities, Inc., to enter into a Community Facilities District (CFD) deferral agreement; and
2. Approve and authorize the City Manager to execute an agreement to defer the timing for the annexation of Tract Map No. 31194 into a maintenance CFD.
11. PUBLIC HEARING ITEMS NONE
12. DISCUSSION ITEMS
12.1 Military Banner Program Policy Amendment
RECOMMENDED ACTION
1. Review and approve the amended policy for the Military Banner Program.
12.2 Veterans Committee and Resources
RECOMMENDED ACTION
1. Review and discuss the potential formation of a Veterans Advisory Committee.
12.3 Memorandum of Understanding with Perris Union High School District for a 2024 Summer Aquatics Program
RECOMMENDED ACTION
1. Review and provide feedback on the potential partnership with Perris Union High School District for the use of the aquatic facility at Paloma Valley High school for Aquatics Programs for Summer 2024.
12.4 Agreement with the Menifee Valley Chamber of Commerce for the Economic Development JOBSNow Initiative and Sponsorship
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute the Economic Development JOBSNow Initiative and Sponsorship Agreement with the Menifee Valley Chamber of Commerce for a period of three years in an amount not to exceed $300,000; and
2. Adopt a FY 2023/2024 budget amendment resolution appropriating $58,334 in revenues and expenditures for the Menifee JOBSNow Initiative in the American Rescue Plan Act (ARPA) Fund 301; and
3. Approve the allocation of $100,000 in ARPA funding (Fund 301) for the Menifee JOBSNow Initiative for FY 2024/2025.
13. CITY ATTORNEY REPORTS
14. CITY MANAGER REPORTS
15. FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Key to the City Discussion (Sobek, July 19, 2023)
Target Date: January 17, 2024
> Property Tax Benefits for Disabled Veterans (Estrada, July 19, 2023) Target Date: TBD
> Discuss Reduction of Business License to be the Lowest In the County (Estrada, October 4, 2023)
Target Date: TBD
> Discuss options on how to move forward with annexation of all Parks located in Menifee. (Estrada, October 4, 2023)
Target Date: TBD
> Discuss street name change for Comey View Court.(Karwin, October 18, 2023) Target Date: January 17, 2024
16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.
Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.
Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.
Menifee
Mayor
and
City
Council
November
15,
2023
Page
6 of 672
City Council Chambers
29844 Haun Road
Menifee, CA 92586
Bill Zimmerman, Mayor
Bob Karwin, District 1
Ricky Estrada,District 2
Lesa Sobek, District 3
Dean Deines, District 4
AGENDA
Menifee City Council
Regular Meeting Agenda
Wednesday, November 15, 2023
4:30 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City
Attorney
Stephanie Roseen, Acting Clerk
CLOSED SESSION (4:30 PM)
1. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI230303456
City of Perris v. City of Menifee
2. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI2203040
City of Menifee v. City of Perris
3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVR12202132
Monkres v. City of Menifee
4. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION:
Significant Exposure to Litigation (Gov. Code Section 54956.9(d)(2) or (3)):
One Case
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Pastor Tony Truax – Hope Christian Church
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. Outstanding Citizen – Sheila Lawton
5.2. Business Spotlight – Anguiano’s Bakery
5.3. Caltrans Update
5.4. The Wall That Heals Documentary
6. AGENDA APPROVAL OR MODIFICATIONS
7. PUBLIC COMMENTS (NONAGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda. The Ralph M. Brown Act limits the Council’s ability to respon d to comments on nonagendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.
8. COUNCILMEMBER UPDATES AND COMMENTS
9. APPROVAL OF MINUTES
9.1 October 4, 2023 City Council Minutes
10. CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar. If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.
10.1 Waiver of Reading
RECOMMENDED ACTION
1. Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.
10.2 Warrant Register
RECOMMENDED ACTION
1. Ratify and approve the Voucher Lists dated 10/13/2023 and 10/20/2023, the Payroll Register/Other EFTs dated 10/11/2023, 10/12/2023, and 10/13/2023 which have a total budgetary impact of $11,230,550.88.
10.3 Treasurer's Report
RECOMMENDED ACTION
1. Receive and file the Treasurer’s Report as of September 30, 2023.
10.4 Menifee Police Management Association Side Letter Agreement RECOMMENDED ACTION
Authorize the City Manager or designee to execute and implement terms of the Memorandum of Understanding Side Letter with the Menifee Police Management Association.
10.5 Employee Teleworking Program Policy
RECOMMENDED ACTION
1. Receive and review the Administrative Policy for the City’s Teleworking Program.
10.6 Monthly Public Safety Reports
RECOMMENDED ACTION
1. Receive and file.
10.7 Agreement with Flock Safety Group, Inc. for Automated License Plate Reader Cameras
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute an agreement with Flock Group, Inc. dba Flock Safety Services for automated license plate reader cameras and service through Fiscal Year 2027/2028 in the nottoexceed amount of $362,500; and
2. Authorize the City Manager, or his designee, to approve the optional twoyear renewal term for Fiscal Years 2028/2029 and 2029/2030 in an amount notto exceed $72,500 per year.
10.8 Office of Traffic Safety Selective Traffic Enforcement Program Grant RECOMMENDED ACTION
1. Accept the grant funds from the Office of Traffic Safety Selective Traffic Enforcement Program Grant for the Menifee Police Department; and
2. Adopt a budget amendment resolution approving an increase in revenue and appropriation of expenditures in the amount of $140,000 to a project account as assigned by the Finance Department; and
3. Authorize the City Manager, or their designee, to execute all necessary documents to implement the Office of Traffic Safety Selective Traffic Enforcement Program Grant purchases.
10.9 Asset Forfeiture Appropriation of Funds
RECOMMENDED ACTION
1. Approve a budget amendment resolution authorizing the Menifee Police Department to appropriate asset forfeiture funds in the amount of $20,563 for the purchase of a narcotics canine (K9) and applicable training.
10.10 Agreement with Helix Environmental Planning, Inc. for CEQA Consulting Services for Evans Park North Design
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Professional Services Agreement with Helix Environmental Planning, Inc. for CEQA consulting services in an amount nottoexceed $297,650 for Capital Improvement Program (CIP) Project No. 2408, Evans Park North Design and Construction.
10.11 Agreement Amendment with Western Riverside Council of Governments for the Holland Road/I215 Overcrossing Project
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 3 to the Transportation Uniform Mitigation Fee Program Reimbursement Agreement with Western Regional Council of Governments; and
2. Adopt a budget amendment resolution appropriating $1,000,000 to Fund 310 in expenditures and corresponding revenues; and
3. Adopt a budget amendment resolution appropriating fund balance in the amount of $500,000 from Fund 415 to respective project accounts.
10.12 Agreement Amendment No. 1 with Southstar Engineering & Consulting, Inc., for the Holland Road/I215 Overcrossing Project Construction Management RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 1 to the Professional Services Agreement with Southstar Engineering & Consulting, Inc. increasing the compensation by $1,152,405.31 for a total agreement amount not toexceed $4,400,642.74, and extending the term through December 31, 2024, for the Holland Road / I215 Overcrossing, Capital Improvement Program Project No. CIP 1303
10.13 Contract Change Order with Ferreira Coastal Construction Company for the Holland Road/I215 Overcrossing Underground Utilities Subproject RECOMMENDED ACTION
1. Approve an increase to the contract contingency amount with Ferreira Coastal Construction Company to a total of $201,734.56, or 28.05% of the original contract amount, and authorize the City Manager to approve Contract Change Order No. 7 in a nottoexceed amount of $21,984.10.
10.14 Master Agreement with Spicer Consulting Group for Professional OnCall Services for Special District Annexation and Other Related Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Master Agreement for professional oncall services for special district annexation and other related services with Spicer Consulting Group effective July 1, 2023, through June 30, 2027, for a total nottoexceed amount of $350,000 for the term of the agreement; and
2. Authorize the Finance Department to issue individual purchase orders against the Agreement.
10.15 Agreements and Bonds for Tract No. 37439, Canterwood, by BRPLD LLC RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Public Improvement Agreement to guarantee the completion of required public improvements associated with Tract No. 37439 by BRPLD LLC, located east of Briggs Road and south of Holland Road, bordering City of Menifee Limits.
10.16 Acceptance of Public Improvements and 90% Release of Security for Parcel Map No. 37130, McCall Plaza, by McCall Plaza, LP
RECOMMENDED ACTION
1. Accept the public improvements for streets, drainage, water, and sewer systems for Parcel Map No. 37130, McCall Plaza, located south of McCall Boulevard and east of Sherman Road; and
2. Authorize the City Engineer to release the posted securities per the City’s Standard Policies.
10.17 Agreement for Deferral of Annexation into a Maintenance Community Facility District, Golden Meadows Tract Map No. 31194, by Richland Planned Communities, Inc.
RECOMMENDED ACTION
1. Approve the amended Conditions of Approval established for Tract Map No. 31194, Golden Meadows, located south of Garbani Road, north of Wickerd Road, and east of Evans Road, to incorporate language providing an option for the developer, Richland Planned Communities, Inc., to enter into a Community Facilities District (CFD) deferral agreement; and
2. Approve and authorize the City Manager to execute an agreement to defer the timing for the annexation of Tract Map No. 31194 into a maintenance CFD.
11. PUBLIC HEARING ITEMS NONE
12. DISCUSSION ITEMS
12.1 Military Banner Program Policy Amendment
RECOMMENDED ACTION
1. Review and approve the amended policy for the Military Banner Program.
12.2 Veterans Committee and Resources
RECOMMENDED ACTION
1. Review and discuss the potential formation of a Veterans Advisory Committee.
12.3 Memorandum of Understanding with Perris Union High School District for a 2024 Summer Aquatics Program
RECOMMENDED ACTION
1. Review and provide feedback on the potential partnership with Perris Union High School District for the use of the aquatic facility at Paloma Valley High school for Aquatics Programs for Summer 2024.
12.4 Agreement with the Menifee Valley Chamber of Commerce for the Economic Development JOBSNow Initiative and Sponsorship
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute the Economic Development JOBSNow Initiative and Sponsorship Agreement with the Menifee Valley Chamber of Commerce for a period of three years in an amount not to exceed $300,000; and
2. Adopt a FY 2023/2024 budget amendment resolution appropriating $58,334 in revenues and expenditures for the Menifee JOBSNow Initiative in the American Rescue Plan Act (ARPA) Fund 301; and
3. Approve the allocation of $100,000 in ARPA funding (Fund 301) for the Menifee JOBSNow Initiative for FY 2024/2025.
13. CITY ATTORNEY REPORTS
14. CITY MANAGER REPORTS
15. FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Key to the City Discussion (Sobek, July 19, 2023)
Target Date: January 17, 2024
> Property Tax Benefits for Disabled Veterans (Estrada, July 19, 2023) Target Date: TBD
> Discuss Reduction of Business License to be the Lowest In the County (Estrada, October 4, 2023)
Target Date: TBD
> Discuss options on how to move forward with annexation of all Parks located in Menifee. (Estrada, October 4, 2023)
Target Date: TBD
> Discuss street name change for Comey View Court.(Karwin, October 18, 2023) Target Date: January 17, 2024
16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.
Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.
Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.
Menifee
Mayor
and
City
Council
November
15,
2023
Page
7 of 672
Menifee Mayor and City Council
October 4, 2023
City Council Chambers
29844 Haun Road
Menifee, CA 92586
Bill Zimmerman, Mayor
Bob Karwin, District 1
Ricky Estrada, District 2
Lesa Sobek, District 3
Dean Deines, District 4 MINUTES
Menifee City Council
Regular Meeting Minutes
Wednesday, October 4, 2023
5:00 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City Attorney
Sarah Manwaring, City Clerk
CLOSED SESSION (5:00 PM)
Mayor Zimmerman called the meeting to order at 5:00 p.m. Present were Councilmembers Estrada and Sobek, Mayor Pro Tem Karwin, and Mayor Zimmerman. Councilmember Deines was absent.
The City Council recessed to Closed Session at 5:01 p.m. for the purposes below.
1. CONFERENCE WITH LABOR NEGOTIATORS
Pursuant to Government Code section 54957.6
Negotiators: Jonathan Nicks – Deputy City Manager, Rochelle Clayton – Assistant City Manager, Armando G. Villa – City Manager
Labor Associations: Menifee City Employees Associations (General Employee Unit, MidManagement Employee Unit, and Professional Employee Unit), Menifee Police Officer’s Association, Police Management Association, and Police Employee’s Association
2. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION:
Significant Exposure to Litigation (Gov. Code Section 54956.9(d)(2) or (3)): One Case
3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI230303456
City of Perris v. City of Menifee
4. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI2203040
City of Menifee v. City of Perris
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
Mayor Zimmerman called the meeting to order at 6:01 p.m.
City Attorney Jeffrey Melching stated there was no reportable action from Closed Session.
Item Title: 9.1
October 4, 2023 City Council Minutes
Item Page Number: 1
Menifee Mayor and City Council
November 15, 2023
Page
8 of 672
Menifee Mayor and City Council
October 4, 2023
2. ROLL CALL
Present: Bill Zimmerman, Bob Karwin, Ricky Estrada, Lesa Sobek
Absent: Dean Deines
3. WORDS OF INSPIRATION
3.1 Bob Warning – Crossway Menifee
4. PLEDGE OF ALLEGIANCE
Menifee resident Shelly Hobbs led the flag salute.
5. PRESENTATIONS
5.1 City’s 15 Year Anniversary Recognition (15 - Minute Recess and Cake) The City Council spoke on the Cities growth in the past 15 years and stated they were looking forward to the next 15 years.
Mayor Zimmerman called for a recess at 6:11 p.m.
Mayor Zimmerman called the meeting back to order at 6:25 p.m.
5.2 Community Services Update
Community Services Manager Mariana Mitchel provided a presentation.
5.3 National Alzheimer's Disease Awareness Month Proclamation The City Council presented Jason White with a proclamation.
6. AGENDA APPROVAL OR MODIFICATIONS
City Clerk Sarah Manwaring stated that staff was requesting to remove Item Nos. 9.1 and 10.7 from the agenda.
The City Council voted unanimously (401, Deines absent) to approve the agenda as modified.
7. PUBLIC COMMENTS (NONAGENDA ITEMS)
The following people addressed the City Council about items not on the agenda:
•Aaron Gapasen
The City Council received correspondence from the following on items not on the agenda:
•Don Slater
Item Title: 9.1
October 4, 2023 City Council Minutes
Item Page Number: 2
Menifee Mayor and City Council
November 15, 2023
Page
9 of 672
Menifee Mayor and City Council
October 4, 2023
8. COUNCILMEMBER UPDATES AND COMMENTS
Councilmember Estrada reported on the meetings and events he attended. •Kabian Park Clean Up
•Canyon Heights Community Meeting
•District One Town Hall Meeting
•Mama’s Kitchen One Year Anniversary
Councilmember Sobek reported on the meetings and events she attended. •September 11 th Commemoration Ceremony at MSJC
•September Student of the Month Event
•Annual League of California Cities Conference
•Tip-A-Cop Fundraiser for Special Olympics
•You Matter Collaboration Meeting
•Lake Menifee Women’s Club Annual Gala
•Menifee’s Education Summit
•Finance Committee Meeting
•Wildomar’s State of the City
•Riverside Conservation Authority (RCA) Meeting
•Western Riverside Council of Governments (WRCOG) Meeting •Interfaith Council Meeting
Mayor Pro Tem Karwin reported on the meetings and events he attended. •Menifee Chamber of Commerce 9th Shield One Year Anniversary •WRCOG Transportation Uniform Mitigation Fee (TUMF) Central Zone Meeting •Kabian Park Clean Up
•District One Town Hall Meeting
Mayor Zimmerman reported on the meetings and events he attended. •Heritage High School vs. Paloma High School Football Game •MSJC’s First Football Game at the New Stadium
•September 11 th Commemoration Ceremony at MSJC
•Riverside County Transportation Commission (RCTC) Meeting •Rotary Club Meeting
•Menifee’s Education Summit
•Opening Ceremony for Menifee Girls Softball
•Victory Church Car Show Fundraiser
•Menifee Chamber of Commerce 9th Shield One Year Anniversary •Sun City Cruisers Gathering
•MilVet Ribbon Cutting Event
•Tour of Animal Friends of the Valley New Animal Clinic •District One Town Hall
•State of the District for Eastern Municipal Water District (EMWD) •Wildomar’s State of The City
•Rotary Club Meeting
•Interfaith Council Meeting
Item Title: 9.1
October 4, 2023 City Council Minutes
Item Page Number: 3
Menifee Mayor and City Council
November 15, 2023
Page
10 of 672
Menifee Mayor and City Council
October 4, 2023
9. APPROVAL OF MINUTES
9.1 September 6, 2023 Regular City Council Minutes
This item was removed from the agenda.
10. CONSENT CALENDAR
Councilmember Sobek requested to pull Item No. 10.4 for separate discussion. The balance of the Consent Calendar was approved by the following vote.
MOVER: Lesa Sobek
SECONDER: Bob Karwin
10.1 Waiver of Reading
ACTION
1. Waived the reading in full of any and all Ordinances listed on this agenda and provided that they be read by title only.
10.2 Warrant Register
ACTION
1. Ratified and approved the Voucher Lists dated 8/18/2023, 8/25/2023, 9/1/2023, and 09/8/2023, the Payroll Register/Other EFTs dated 8/18/2023, 8/28/2023, 8/30/2023, 8/31/2023, 9/1/2023, 9/5/2023, and 09/12/2023 and the Void Check Listing PE 8/31/2023 which have a total budgetary impact of $11,337,363.72.
10.3 Second Reading and Adoption of an Ordinance to Levy Special Taxes, CFD 20171 (Maintenance Services) Annexation No. 22, Cimarron Ridge ACTION
1. Adopted Ordinance No. 2023-382, amending Ordinance No. 17231 and levying special taxes to be collected during Fiscal Year 2023/2024 to pay the annual costs and expenses of the City of Menifee Community Facilities District No. 20171 (Maintenance Services) (Annexation No. 22).
10.4 2023 City Council Proclamations
This item was pulled for further discussion. Councilmember Sobek highlighted October as Domestic Violence Awareness Month.
ACTION
Proclaimed the following:
1. October 2023 as Cyber Security Awareness Month; and
2. October 2023 as National Community Development Month; and AYES: Zimmerman, Karwin, Estrada, Sobek
NAYS: None
ABSENT: Deines
Item Title: 9.1
October 4, 2023 City Council Minutes
Item Page Number: 4
Menifee Mayor and City Council
November 15, 2023
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3. October as National Alzheimer’s Disease Awareness Month; and
4. October as Domestic Violence Awareness Month; and
5. Second Week of October 2023 as Code Enforcement Appreciation Week; and
6. October 6, 2023 as Manufacturing Day.
MOVER: Lesa Sobek
SECONDER: Bill Zimmerman
10.5 Agreement with Pulte Home Company and Western Riverside Council of Governments for Transportation Uniform Mitigation Fee Program for Tract Map No. 36658, Cimarron Ridge
ACTION
1. Approved and authorized the City Manager to execute an Improvement and Credit Agreement with Pulte Home Company and Western Riverside Council of Governments for Transportation Uniform Mitigation Fee (TUMF) Program for Cimarron Ridge Tract Map No. 36658, located south of McLaughlin Road and west of Byers Road.
10.6 Agreement Amendment with T.Y. LIN International for the Holland Road / I215 Overcrossing Project
ACTION
1. Approved and authorized the City Manager to execute Amendment No. 6 to the Professional Services Agreement with T.Y. Lin International increasing the compensation by $75,159 for a total agreement amount nottoexceed $2,571,667, and extending the term through December 31, 2024 for the Holland Road / I215 Overcrossing, Capital Improvement Program Project No. CIP 13 03.
10.7 Agreement with TriPointe Homes IESD, Inc. for Assignment of Quimby Credit This item was pulled from the agenda.
10.8 Final Map for Tract Map 371312, Rockport Ranch, by Lennar Homes of California, LLC ACTION
1. Approved and authorized the filing of Final Map No. 371312, Rockport Ranch, by Lennar Homes of California, LLC, located at the southwest corner of Old Newport Road and Briggs Road.
10.9 Agreement and Bond Replacements for Scott Road Commerce Center II, Scott Road Property LLC
AYES: Zimmerman, Karwin, Estrada, Sobek
NAYS: None
ABSENT: Deines
Item Title: 9.1
October 4, 2023 City Council Minutes
Item Page Number: 5
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November 15, 2023
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ACTION
1. Approved and authorized the City Manager to execute the replacement Public Improvement Agreements with Scott Road Property, LLC to guarantee the completion of required public improvements associated with the Scott Road Commerce Center II project, located east of Zeiders Road and south of Ciccotti Street; and
2. Authorized the City Engineer to release 100% of the original posted securities with Scott Road Partners, LLC.
10.10 Establishment of a Comparator Agencies List for the City’s Comprehensive Classification and Compensation Study
ACTION
1. Approved the list of Comparator Agencies, as recommended by Koff & Associates, a division of Arthur J. Gallagher & Co., for the City of Menifee Comprehensive Classification and Compensation Study.
11. PUBLIC HEARING ITEMS
11.1 Reversion to Acreage and Discharge of Lien Agreement for Banner Park South by Diamond Brothers Five Partnership, LP, Parcel Map No. 38627 of Tract Map No. 32101 Principal Engineer Steve Strapac provided a presentation.
Mayor Zimmerman opened the Public Hearing at 7:05 p.m. City Clerk Sarah Manwaring stated the item was legally noticed and there were no public comments and no correspondence had been received. Mayor Zimmerman closed the Public Hearing at 7:06 p.m.
ACTION
1. Adopted Resolution No. 23-1361, approving reversion to acreage as per Parcel Map No. 38627 and authorizing the discharge of a Subdivsion Lien Agreement associated with former Tract Map No. 32101; and
2. Authorized the City Clerk to file the adopted resolution with the Riverside County Recorder’s Office, discharging the existing Subdivision Lien Agreement; and
3. Authorized the City Manager to execute all other documents necessary to facilitate the discharge of the existing Subdivision Lien Agreement associated with Tract Map No. 32101.
MOVER: Lesa Sobek
SECONDER: Ricky Estrada
AYES: Zimmerman, Karwin, Estrada, Sobek
NAYS: None
ABSENT: Deines
Item Title: 9.1
October 4, 2023 City Council Minutes
Item Page Number: 6
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November 15, 2023
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12. DISCUSSION ITEMS
12.1 Menifee Police Department’s Annual Military Equipment Use Report Captain Heriberto Gutierrez provided a presentation.
ACTION
1. Affirmed continued use of Ordinance No. 2022339 and Menifee Police Department Policy No. 706, providing approval, acquisition, and reporting requirements of military equipment; and
2. Received and filed the Menifee Police Department’s Annual Military Equipment Use Report for 2022 and determine the report complies with the standards of approval, as required by Ordinance No. 2022339 and Menifee Police Department Policy No. 706.
MOVER: Bob Karwin
SECONDER: Ricky Estrada
12.2 Agreement with Probolsky Research LLC for Biennial Community Surveys Measuring Strategic Plan Implementation and Community Needs
Assistant to the City Manager Rebekah Kramer and City Consultant Adam Probolsky with Probolsky Research LLC provided a presentation.
Mayor Pro Tem Karwin stated the reasons he was not in favor of the item.
Mayor Zimmerman stated the reasons he would be in favor of the item.
Councilmember Sobek stated her support of the item and her concerns and requested the item return following the mid-cycle budget review.
Councilmember Estrada stated the reasons he was not in favor of the item and not in favor of the item returning at a future meeting.
The following people addressed the City Council on the item. •Janelle Allbritton
Mayor Zimmerman made a motion to approve the item as presented. The motion failed by the following vote.
MOVER: Bill Zimmerman
SECONDER: Lesa Sobek
AYES: Zimmerman, Karwin, Estrada, Sobek
NAYS: None
ABSENT: Deines
AYES: Zimmerman, Sobek
NAYS: Karwin, Estrada
ABSENT: Deines
Item Title: 9.1
October 4, 2023 City Council Minutes
Item Page Number: 7
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November 15, 2023
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Mayor Zimmerman made second motion to table the item until after the mid-year budget review.
ACTION
1. Tabled the item for future consideration.
MOVER: Bill Zimmerman
SECONDER: Lesa Sobek
13. CITY ATTORNEY REPORTS
None.
14. CITY MANAGER REPORTS
City Manager Armando Villa provided a brief update to the City Council regarding the annexation of Valleywide Parks into the City.
15. FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
Councilmember Sobek requested a future agenda item to meet and receive an update from the District 8 CalTrans representative. Mayor Zimmerman seconded the request.
Councilmember Estrada requested a future agenda item to review the City’s options for the acquisition of Valleywide Parks into the City’s purview. Mayor Pro Tem Karwin seconded the request.
Councilmember Estrada requested a future agenda item to discuss lowering the City’s business license fees to be the lowest in the County. Mayor Zimmerman seconded the request.
16. ADJOURN
Mayor Zimmerman adjourned the meeting at 7:56 p.m.
Sarah A. Manwaring, MMC
City Clerk
AYES: Zimmerman, Karwin, Estrada, Sobek
NAYS: None
ABSENT: Deines
Item Title: 9.1
October 4, 2023 City Council Minutes
Item Page Number: 8
Menifee Mayor and City Council
November 15, 2023
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CITY OF MENIFEE
SUBJECT: Warrant Register
MEETING DATE: November 15, 2023
TO: Mayor and City Council
PREPARED BY: Ann-Marie Etienne, Finance Manager
REVIEWED BY: Margarita Cornejo, Deputy Finance Director APPROVED BY: Rebekah Kramer, Acting City Manager
-------------------------------------------------------------------------------------------------------------------------------
RECOMMENDED ACTION
1. Ratify and approve the Voucher Lists dated 10/13/2023 and 10/20/2023, the Payroll Register/Other EFTs dated 10/11/2023, 10/12/2023, and 10/13/2023 which have a total budgetary impact of $11,230,550.88.
DISCUSSION
The City of Menifee Municipal Code Chapter 3.16.050 requires that the City Council audit payments of demands and direct the City Manager to issue checks. The attached Voucher Lists and all corresponding invoices have been reviewed and approved for accuracy by the Finance Manager and by the Interim Chief Financial Officer. Vouchers 10/13/2023 and 10/20/2023, the Payroll Register/Other EFTs dated 10/11/2023, 10/12/2023, and 10/13/2023 have a total budgetary impact of $11,230,550.88.
STRATEGIC PLAN OBJECTIVE
Regular City Business
FISCAL IMPACT
As indicated previously, the payments of demand above have a total budgetary impact of $11,230,550.88, which is included in the Fiscal Year 2023/24 budget.
ATTACHMENTS
1. Voucher Listing 10/13/2023
2. Voucher Listing 10/20/2023
3. Payroll Register/Other EFTs
Item Title: 10.2
Warrant Register
Item Page Number: 1
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November 15, 2023
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16 of 672
10/13/2023
Voucher List
City of Menifee
1 2:58:01PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59315 10/6/2023 02492 ACT 1 CONSTRUCTION INC. 7 04376 JUL'23 FIRE STATION 5 ENG SVCS CIP 21-04 332,733.67 Total : 332,733.67
59316 10/6/2023 02411 JCOS DEVELOPMENT, INC. 9R RETENTION RELEASE- CIP 21-03 IMPRVMNT PR 38,665.60 Total : 38,665.60
59317 10/6/2023 02766 JENSEN, KRISTEN 23-106A T&T ADV KRISTEN J. MMASC ANNUAL CONFEREN 298.68 Total : 298.68
59318 10/6/2023 01400 KITZEROW, CHERYL 24-227 T&T CLM CHERYL K. SAFE CREDIT UNION CONV 382.74 Total : 382.74
59319 10/6/2023 02451 KRAMER, REBEKAH 24-226 T&T CLM REBEKAH K. SAFE CREDIT UNION CON 415.26 Total : 415.26
59320 10/6/2023 01485 MANWARING, SARAH 24-228 T&T CLM SARAH M. SAFE CREDIT UNION CONVE 396.72 Total : 396.72
59321 10/6/2023 01458 STEPHENS, MANDY 24-233 T&T ADV MANDY S. MMASC ANNUAL CONFERENCE 185.50 Total : 185.50
59322 10/6/2023 02582 ZAKI, AMIR 24-208B T&T AMIR Z. CLM CAPPO PUBLIC WORKS CONST 70.74 Total : 70.74
59323 10/13/2023 00748 4IMPRINT, INC. 25893875 SWEET TEAM SUPPLIES 664.03 1,537.63CS TREE LIGHTING SUPPLIES25893966
Total : 2,201.66
59324 10/13/2023 02492 ACT 1 CONSTRUCTION INC. 8 04376 AUG'23 FIRE STATION 5 ENG SVCS CIP 21-04 485,843.97 Total : 485,843.97
59325 10/13/2023 01868 ADORAMA INC 33633557 04981 IT VIDEO & AUDIO 395.85 05022 4,279.06IT EQUIPMENT / SWITCHER KIT33650077
05022 1,738.56IT EQUIPMENT / SWITCHER KIT33650520
05022 3,053.28IT EQUIPMENT / SWITCHER KIT33650678
05022 286.82IT EQUIPMENT / SWITCHER KIT33650753
05022 427.60IT EQUIPMENT / SWITCHER KIT33652165
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Item Title: 10.2
Warrant Register
Item Page Number: 2
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Voucher List
City of Menifee
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Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59325 10/13/2023 (Continued)01868 ADORAMA INC
05022 1,508.32IT EQUIPMENT / SWITCHER KIT33652655
Total : 11,689.49
59326 10/13/2023 01438 ALTA LANGUAGE SERVICES, INC IS676580 EMPLOYEE BILINGUAL TESTING 99.00 Total : 99.00
59327 10/13/2023 01252 AMAZON CAPITAL SERVICES, INC. 144R-R63M-4MLT CS CULTURAL ARTS SUPPLIES -14.77
18.48CS FACILITY MAINT144R-R63M-9D6Q
181.42FIRE FACILITY MAINTENANCE16RT-HQ4R-YGV3
557.71IT SMALL TOOLS/FIELD EQUIP19V3-CHPL-CL17
211.36PD OFFICE SUPPLIES1D1K-RMJF-PN1V
-0.01CITY MANAGER OFFICE EQUIP1DF3-J4JG-17FW
-78.04CITY MANAGER OFFICE EQUIP1DLJ-YWKQ-1FK7
641.85CS HEALTHY MENIFEE SUPPLIES1G6R-KWJ3-PRC6
464.66CS LAZY CREEK SUPPLIES1JTM-LDPQ-P6FP
23.84SWEET TEAM SUPPLIES1KKY-773X-Q1MF
14.07CS LAZY CREEK SUPPLIES1KV1-6N67-D4KT
31.19ED SUPPLIES1KV1-6N67-Q4J3
198.99IT SMALL TOOLS/FIELD EQUIP1LVN-HXQD-X93J
10.81CS FACILITIES SUPPLIES1MQC-LM6G-XKQL
432.50PARKS FACILITY MAINT1NXY-46TW-Q99P
155.33CS CULTURAL ARTS SUPPLIES1PNF-Y34P-DQLJ
-14.77CS CULTURAL ARTS SUPPLIES1PWD-JTTK-646V
721.49PD OFFICE SUPPLIES1VXK-JD6P-QN3K
70.92PD OFFICE SUPPLIES1VXK-JD6P-Y7KK
151.52ED SPECIAL EVENT STATE OF CITY1YWY-GDXG-GLGY
Total : 3,778.55
59328 10/13/2023 00258 AMERICAN FORENSIC NURSES, INC 78127 04849 AUG'23 PD FORENSIC SERVICES 601.01 04849 543.92NOV'23 PD FORENSIC SERVICES78170
04849 304.60SEPT'23 PD FORENSIC SERVICES78179
04849 70.71SEPT'23 PD FORENSIC SERVICES78194
Total : 1,520.24
59329 10/13/2023 01841 AXON ENTERPRISE, INC INUS187085 05041 PD FY23/24 FLEET CAMERA SERVICES 103,824.01 2Page:
Item Title: 10.2
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Item Page Number: 3
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Voucher List
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Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 103,824.01 59329 10/13/2023 01841 01841 AXON ENTERPRISE, INC 59330 10/13/2023 01742 BEEGUYTRAVIS 464 CENTENNIAL PARK FACILITY MAINT 395.00 Total : 395.00
59331 10/13/2023 02484 CANVA US, INC. INV-11492 05072 CANVA TEMPLATE / DESIGN SUBSCRIPTION SVC 3,047.90 Total : 3,047.90
59332 10/13/2023 01374 CIVILPROS COM_1002_202308 02109 AUG'23 SCOTT RD/BUNDY CANYON RD WIDENING 23,350.79 Total : 23,350.79
59333 10/13/2023 02350 CMS MOBILE GLASS SHOP LLC. 4796 PD VEHICLE MAINTENANCE 21-55 80.00 Total : 80.00
59334 10/13/2023 00881 D.R. BECHTER CONSULTING INC. 14-002-404 04883 SEPT'23 CONSTR INSP SVCS 5,125.00 Total : 5,125.00
59335 10/13/2023 00272 DIAMOND ENVIRONMENTAL SVC 4921184 SEP'23 NOVA LN RESTROOM RENTAL 152.58 Total : 152.58
59336 10/13/2023 02104 DOKKEN ENGINEERING 44138 03236 JUL'23 CIP 14-01 MCCALL BLVD & I-215 39,822.00 Total : 39,822.00
59337 10/13/2023 01810 DOOLEY ENTERPRISES, INC 66479 PD AMMUNITION 1,503.11 Total : 1,503.11
59338 10/13/2023 02462 FIFTH ASSET INC. DBA DEBTBOOK DB2003341 04832 DEBTBOOK SOFTWARE (GASB 87 AND GASB 96) 8,000.00 Total : 8,000.00
59339 10/13/2023 00805 GARY F. HOYT LANDSCAPE CP-2555 04372 JAN-JUN'23 LNDSCP PLN CHK/INSPCTN SVCS C 1,800.00 Total : 1,800.00
59340 10/13/2023 00139 GHA TECHNOLOGIES INC 11329288 COMMUNICATIONS STAFF LAPTOPS 369.75 04674 387.15DIGITAL PRODUCTIONS/IT STAFF LAPTOPS AND11329290 05049 2,026.01CS UPS REPLACEMENT SERVER RACK11332960
05026 3,898.65HPE ARUBA CENTRAL FOUNDATION SUBSCRIPTIO11332962 Total : 6,681.56
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Item Title: 10.2
Warrant Register
Item Page Number: 4
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Voucher List
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Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59341 10/13/2023 00824 HILLCREST CONTRACTING, INC. PB31754 04654 AUG'23 CIP22-23 RMLND GRID RSURFCNG PROJ 4,619.85 Total : 4,619.85
59342 10/13/2023 02122 INFO-TECH RESEARCH GROUP INC. 225081 05014 JUL'23 - JUL'24 IT RESEARCH AND ADVISORY 51,496.21 Total : 51,496.21
59343 10/13/2023 02463 INTERGRATED PEST CONTROL, MANAGEMENT, INC64540 04870 AUG'23 CITY HALL PEST CONTROL SVCS 110.00 04870 90.00AUG'23 IT PEST CONTROL SVCS64541
04870 98.00AUG'23 WEST ANNEX PEST CONTROL SVCS64644
04870 110.00AUG'23 KC SENIOR CENTER PEST CONTROL SVC64645 04870 90.00AUG'23 NORTH ANNEX PEST CONTROL SVCS64646
04870 90.00AUG'23 LC BLD A PEST CONTROL SVCS64647
04870 90.00FACILITY PEST CONTROL SERVICES FOR FY23/64648 04870 90.00AUG'23 PW MOC PEST CONTROL SVCS64649
04870 108.00AUG'23 PD HQ PEST CONTROL SVCS64650
04870 160.00AUG'23 AMR PARK PEST CONTROL SVCS64651
04870 90.00AUG'23 PD SUBSTATION PEST CONTROL SVCS64652 04870 90.00AUG'23 FIRE STATION 5 PEST CONTROL SVCS64691 04870 110.00AUG'23 FIRE STATION 68 PEST CONTROL SVCS64692 04870 110.00AUG'23 FIRE STATION 7 PEST CONTROL SVCS64693 04870 110.00AUG'23 FIRE STATION 76 PEST CONTROL SVCS64694 Total : 1,546.00
59344 10/13/2023 02029 KEYSTONE INDUSTRIAL MEDICINE 1192 05079 JUL'23 ON-CALL MEDICAL CONSULTANT SVCS 1,500.00 05079 1,500.00AUG'23 ON-CALL MEDICAL CONSULTANT SVCS1193 05079 1,500.00SEP'23 ON-CALL MEDICAL CONSULTANT SVCS1197 05079 1,500.00OCT'23 ON-CALL MEDICAL CONSULTANT SVCS1199 Total : 6,000.00
59345 10/13/2023 00840 KIMLEY-HORN AND ASSOCIATES, INC. 25733152 04168 JUL'23 PLN CEQA SVCS MOTTE BUS CENTER 11,362.50 03813 30,039.63AUG'23 CIP22-24 PARKING LOT DESIGN SVCS25963171 Total : 41,402.13
59346 10/13/2023 01871 LEXISNEXIS COPLOGIC, SOLUTIONS INC 807519-20230831 05055 AUG'23 ONLINE REPORTING SYSTEM 1,440.00 Total : 1,440.00
59347 10/13/2023 02672 MASTERCLOCK, INC. 36500 IT SUPPLIES 940.25 4Page:
Item Title: 10.2
Warrant Register
Item Page Number: 5
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Voucher List
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Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 940.25 59347 10/13/2023 02672 02672 MASTERCLOCK, INC. 59348 10/13/2023 00977 MENIFEE VALLEY BOYS/GIRLS CLUB 305100223P 04959 FY24 CDBG SUB AGREEMENT BOY/GIRLS CLUB 641.70 Total : 641.70
59349 10/13/2023 00847 MIG/HOGLE IRELAND 82853 03391 AUG'23 CEQA SVCS VILLAGE SPECIFIC 2019-0 2,354.41 04526 3,651.25JUL-AUG'23 CEQA SVCS MENIFEE-GOETZ/ETHAN82859 04850 16,539.31AUG'23 CEQA SVCS DI CAPRI RSDNTL PROJ CQ82866 Total : 22,544.97
59350 10/13/2023 00706 NPG ASPHALT 1122150 04787 PW RD/PARKING LOT RESURFACING SVCS 144,241.00 Total : 144,241.00
59351 10/13/2023 00863 NV5 INC 351731 00839 AUG'23 CIP13-04 BRADLEY RD BRIDGE DESIGN 9,725.50 Total : 9,725.50
59352 10/13/2023 02574 PARADISE CHEVROLET CADILLAC CTCS16852 PD VEHICLE MAINTENANCE 89.99
89.99PD VEHICLE MAINTENANCECTCS17123
Total : 179.98
59353 10/13/2023 01843 PARKHOUSE TIRE, INC 2010867806 PD VEHICLE TIRES 1,397.43 307.42PW VEHICLE TIRE REPAIR2010869150
Total : 1,704.85
59354 10/13/2023 01467 PARRON-HALL CORPORATION 40819 04734 PARRON HALL FURNITURE ORDER FOR DIGITAL 7,877.80 04734 681.60PARRON HALL FURNITURE ORDER FOR DIGITAL41106 Total : 8,559.40
59355 10/13/2023 02512 PARTS AUTHORITY, LLC 292-440462 PD VEHICLE MAINTENANCE 86.47
54.97PD VEHICLE MAINT292-441692
39.95PD VEHICLE MAINTENANCE62-530289
57.29PD VEHICLE MAINT62-548916
294.38PD VEHICLE MAINT62-552947
19.44PW VEHICLE MAINTENANCE64381621
Total : 552.50
59356 10/13/2023 02342 PAVEMENT COATINGS CO. 1 04814 AUG'23 PMP 23-01 SLURRY SEAL PROJECT 379,648.69 5Page:
Item Title: 10.2
Warrant Register
Item Page Number: 6
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Voucher List
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Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 379,648.69 59356 10/13/2023 02342 02342 PAVEMENT COATINGS CO. 59357 10/13/2023 00373 PITNEY BOWES GLOBAL FIN. SERV. 3106301800 05070 FY23/24 POSTAGE MACHINE EQUIPMENT LEASE 1,289.61 Total : 1,289.61
59358 10/13/2023 01163 PRESTIGE GOLF CARS 1-183284 05042 GOLF CART RENTALS FOR SPECIAL EVENTS 2,518.63 05042 1,612.32GOLF CART RENTALS FOR SPECIAL EVENTS1-183297 Total : 4,130.95
59359 10/13/2023 02159 QUEST 546388 05016 FY 23/24 ENTERPRISE BUSINESS SYSTEM 61,051.00 Total : 61,051.00
59360 10/13/2023 00260 RIVERSIDE COUNTY FIRE DEPT 235105 FY23 4TH QTR FIRE PROTECTION SVCS 4,172,413.16 Total : 4,172,413.16
59361 10/13/2023 00242 RIVERSIDE COUNTY, TLMA ADMINISTRATION TL16966 JUN'23 COUNTY LABOR/EQUIP IS20-012 1,347.12 Total : 1,347.12
59362 10/13/2023 00962 RUTAN & TUCKER, LLP 968770 JUL'23 LEGAL SVCS-PLN GENERAL 2,244.50 1,610.00JUL'23 LEGAL SVCS-PLN SPL968773
524.50JUL'23 LEGAL SVCS- CS GENERAL968782
Total : 4,379.00
59363 10/13/2023 01923 SAFETY COMPLIANCE COMPANY 224346 05078 7/20/23 SAFETY COMPLIANCE TRAINING SVCS 250.00 05078 250.008/17/23 SAFETY COMPLIANCE TRAINING SVCS225403 05078 250.009/21/23 SAFETY COMPLIANCE TRAINING SVCS226706 Total : 750.00
59364 10/13/2023 00596 SATCOM DIRECT GOVERNMENT, INC 7463807 SEP'23 EMERGENCY SATELLITE PHONE SVC 54.25
54.25SEP'23 EMERGENCY SATELLITE PHONE SVC7463808
54.25SEP'23 EMERGENCY SATELLITE PHONE SVC7463809
54.25SEP'23 EMERGENCY SATELLITE PHONE SVC7463810
54.25SEP'23 EMERGENCY SATELLITE PHONE SVC7463811
Total : 271.25
59365 10/13/2023 01932 SOUTHERN CALIFORNIA NEWS GROUP 11622186 05045 LEGAL AD SVCS 2,709.20 Total : 2,709.20
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Item Title: 10.2
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Item Page Number: 7
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Voucher List
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Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59366 10/13/2023 01845 SPEAKWRITE LLC 16d03a32 04922 SEPT'23 PD DICTATION SVCS 2,278.95 Total : 2,278.95
59367 10/13/2023 01674 SSD ALARM R-00450879 05069 JUL'23 FIRE ALARM MNTHLY SVCS FOR CITY F 637.64 05069 637.64AUG'23 FIRE ALARM MNTHLY SVCS FOR CITY FR-00458625 05069 637.64SEP'23 FIRE ALARM MNTHLY SVCS FOR CITY FR-00468050 05069 637.64OCT'23 FIRE ALARM MNTHLY SVCS FOR CITY FR-00472112 Total : 2,550.56
59368 10/13/2023 01895 THE COUNSELING TEAM, INTERNATIONAL 88239 04848 SEPT'23 PD BEHAVIORAL HEALTH/ WELLNESS S 1,500.00 Total : 1,500.00
59369 10/13/2023 02647 TRANSUNION RISK AND ALT., DATA SOLUTIONS, INC6434932-202309-1 04955 PD SOCIAL MEDIA COMPREHENSIVE REPORTING 318.80 Total : 318.80
59370 10/13/2023 01425 VIDEO APPROACH 2023-031 05076 FY 23/24 CITY OF MENIFEE ON-CALL PROFESS 4,375.00 Total : 4,375.00
59371 10/13/2023 01804 VISUAL COMPUTER SOLUTIONS, INC 19467 05038 PD PAYROLL SOFTWARE SERVICES 7/23-6/24 11,942.11 Total : 11,942.11
59372 10/13/2023 01250 VULCAN MATERIALS COMPANY 73793941 P/W STREET MAINTENANCE 401.29 207.06P/W STREET MAINTENANCE73793942
Total : 608.35
59373 10/13/2023 01119 WEST COAST ARBORISTS INC. 204971 04871 CITY-WIDE TREE TRIMMING MAINTENANCE SERV 3,335.00 Total : 3,335.00
59374 10/13/2023 00555 ADAME LANDSCAPING, INC. 100874 04911 PLANTER AREA & TURF MAINT. SERVICES (FY2 769.55 Total : 769.55
59375 10/13/2023 01795 AIR & HOSE SOURCE, INC 504789 PW EQUIPMENT MAINTENANCE 841.22 109.64PW EQUIPMENT MAINTENANCE516026
94.66PW EQUIPMENT MAINTENANCE526272
Total : 1,045.52
59376 10/13/2023 01573 ALARCON, GLENN 24-046B-A T&T ADV GLENN A. IGNITE NEOGOV USER CONF 294.25 7Page:
Item Title: 10.2
Warrant Register
Item Page Number: 8
Menifee Mayor and City Council
November 15, 2023
Page
23 of 672
10/13/2023
Voucher List
City of Menifee
8 2:58:01PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 294.25 59376 10/13/2023 01573 01573 ALARCON, GLENN 59377 10/13/2023 02387 ARDURRA GROUP, INC. 16571 04052 AUG'23 CIP22-08 LR COMPLI NORMANDY RD PD 845.00 04697 230.00AUG'23 PMP22-01 LBR COMPL SVCS16572
Total : 1,075.00
59378 10/13/2023 02246 BROWN, DARRYL 24-016F-A T&T ADV DARRYL B. CNOA CONFERENCE 223.00 Total : 223.00
59379 10/13/2023 02772 BURKS, DONNA 24-147B-A T&T ADV DONNA B. CACEO CONFERENCE 231.00 Total : 231.00
59380 10/13/2023 01098 CAL TRUE VALUE 493920/1 CS SUPPLIES 88.45
12.40CSA 145 FACILITY MAINT5270/1
17.97AMR SMALL TOOLS/FIELD EQUIPMENT5272/1
13.46CS P/W SUPPLIES5273/1
9.37CS PARKS SUPPLIES5275/1
31.31CFD FACILITY MAINT5278/1
52.12CS PARKS SUPPLIES5292/1
41.06CSA 145 FACILITY MAINT5293/1
6.25CS PARKS SUPPLIES5308/1
7.82CS PARKS SMALL TOOLS / FIELD EQUIP5312/1
30.90LLMD ZONE 3 IRRIGATION SUPPLIES5320/1
306.32PARKS SMALL TOOLS / FIELD EQUIP5321/1
25.44CS PARKS SUPPLIES5323/1
14.63CS PARKS SUPPLIES5327/1
8.31CS CLEAN AIR SUPPLIES5328/1
Total : 665.81
59381 10/13/2023 02756 CALIFORNIA ASSOCIATION, TACTICAL OFFICERS7083 PD TRAINING 550.00 550.00PD TRAINING7084
550.00PD TRAINING7085
550.00PD TRAINING7086
550.00PD TRAINING7087
550.00PD TRAINING7088
Total : 3,300.00
59382 10/13/2023 00171 CALIFORNIA BUILDING OFFICIALS 16749 05040 BLDG/SFTY STAFF PROF. DVLOPMNT/TRAINING 4,495.00 8Page:
Item Title: 10.2
Warrant Register
Item Page Number: 9
Menifee Mayor and City Council
November 15, 2023
Page
24 of 672
10/13/2023
Voucher List
City of Menifee
9 2:58:01PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 4,495.00 59382 10/13/2023 00171 00171 CALIFORNIA BUILDING OFFICIALS 59383 10/13/2023 02095 CALIFORNIA PEACE OFFICERS', ASSOCIATION398520 PD COPSWEST CONFERENCE 475.00 475.00PD CONFERENCE398530
Total : 950.00
59384 10/13/2023 00686 CALTRANS 24001847 03615 AUG'23 CIP 20-05 PRJCT INITIATION DOC. S 5,498.83 Total : 5,498.83
59385 10/13/2023 02282 CANINE TACTICAL OPERATIONS 326101023P PD TRAINING 900.00 Total : 900.00
59386 10/13/2023 01511 CANON FINANCIAL SERVICES, INC 31074113 04791 JUL'23 COPIER & PRINTER SVCS/ MAINT 1,492.64 04791 2,161.26AUG'23 COPIER & PRINTER SVCS / MAINT31074115 Total : 3,653.90
59387 10/13/2023 02027 CARRINO, CHRISTOPHER 24-016B-A T&T ADV CHRISTOPHER C. CNOA CONFERENCE 307.75 Total : 307.75
59388 10/13/2023 02443 CATANIA, RHETT 24-147C-A T&T ADV RHETT C. CACEO CONFERENCE 231.00 Total : 231.00
59389 10/13/2023 01612 CAZCOM, INC 40668 PD RADIO SUPPLIES 231.47 05005 39,321.47PD RADIO SUPPLIES40669
Total : 39,552.94
59390 10/13/2023 02560 CENTRALSQUARE, TECHNOLOGIES, LLC 393002 PD ELEARNING SUBSCRIPTION 350.00 Total : 350.00
59391 10/13/2023 01397 CHARTERS, KAYLA 24-241-A T&T ADV KAYLA C. ICSC WESTERN SAN DIEGO 185.00 Total : 185.00
59392 10/13/2023 02195 CINTAS CORPORATION NO. 2 9241663365 04934 CINTAS AED DEVICE SEVICES 581.81 04963 118.54PD EYEWASH STATION SERVICES9241663370
04961 107.66CINTAS AED DEVICE SVCS IT OFFICE9241684245 04934 215.33CINTAS AED DEVICES SVCS9241687435
04934 107.66CINTAS AED DEVICES SVCS9241687866
04934 322.99CINTAS AED DEVICES SVCS9241692754
9Page:
Item Title: 10.2
Warrant Register
Item Page Number: 10
Menifee Mayor and City Council
November 15, 2023
Page
25 of 672
10/13/2023
Voucher List
City of Menifee
10 2:58:01PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59392 10/13/2023 (Continued)02195 CINTAS CORPORATION NO. 2 04934 116.36CINTAS AED DEVICES SVCS9241693185
04934 215.33CINTAS AED DEVICES SVCS9241693587
Total : 1,785.68
59393 10/13/2023 01243 COUNTY OF RIVERSIDE, AIRPORT, LAND USE COMMISSION323100223P AIRPORT LAND USE COMMISSION RVW OF GEN P 420.00 Total : 420.00
59394 10/13/2023 00979 COUNTY OF SAN BERNARDINO, SHERIFF/CORONER DEPT.EVOC23-09-011 PD TRAINING 300.00 Total : 300.00
59395 10/13/2023 02771 DIAZ, JOSE 24-147D-A T&T ADV JOSE D. CACEO CONFERENCE 231.00 Total : 231.00
59396 10/13/2023 01555 DMC 17255 04807 FY23/24 DOCUMENT SCANNING SERVICES (B&S) 1,899.51 Total : 1,899.51
59397 10/13/2023 01993 DURAN, RICARDO 24-016E-A T&T ADV RICARDO D. CNOA CONFERENCE 307.75 Total : 307.75
59398 10/13/2023 00161 EASTERN MUNICIPAL WATER DIST. 500001174 9/20/23 SEP'23 CSA 145 WATER SVCS-PETE PETERSON 1,695.50 963.91SEP'23 LLMD ZONE 3 WATER SVCS500010197 10/3/23
1,269.35AUG'23 LLMD ZONE 3 WATER SVCS500010197 9/5/23
1,519.11SEP'23 LLMD ZONE 3 WATER SVCS500012382 10/3/23
1,738.86SEP'23 LLMD ZONE 3 WATER SVCS500029235 10/3/23
1,934.96AUG'23 LLMD ZONE 3 WATER SVCS500029235 9/5/23
1,165.40AUG'23 LLMD ZONE 3 WATER SVCS500035570 9/5/23
1,179.32SEP'23 CSA 145 WATER SVCS - NOVA LN500036121 10/3/23 2,139.05AUG'23 CSA 145 WATER SVCS - NOVA LN500036121 9/5/23 960.82SEP'23 LLMD ZONE 38 WATER SVCS500049743 10/3/23
1,915.97AUG'23 LLMD ZONE 38 WATER SVCS500049743 9/5/23
677.69SEP'23 LLMD ZONE 38 WATER SVCS500049745 10/3/23
2,940.64AUG'23 LLMD ZONE 38 WATER SVCS500049745 9/5/23
918.35AUG'23 CSA 145 WATER SVCS - LA LADERA500056016 9/5/23 1,374.65AUG'23 CSA 145 WATER SVCS - LA LADERA500056017 9/5/23 2,200.40JUL'23 LLMD ZONE 37 WATER SVCS500058727 9/5/23
1,851.44AUG'23 LLMD ZONE 3 WATER SVCS500059674 9/5/23
10Page:
Item Title: 10.2
Warrant Register
Item Page Number: 11
Menifee Mayor and City Council
November 15, 2023
Page
26 of 672
10/13/2023
Voucher List
City of Menifee
11 2:58:01PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59398 10/13/2023 (Continued)00161 EASTERN MUNICIPAL WATER DIST. 790.24AUG'23 LLMD ZONE 47 WATER SVCS500061346 9/5/23
972.59SEP'23 LLMD ZONE 3 WATER SVCS500064205 10/4/23
2,671.16AUG'23 LLMD ZONE 3 WATER SVCS500065258 9/6/23
2,506.23AUG'23 LLMD ZONE 3 WATER SVCS500065261 9/6/23
2,626.09AUG'23 LLMD ZONE 69 WATER SVCS500069563 9/6/23
2,333.54AUG'23 CSA 145 ROW WATER SVCS-MURRIETA R500071797 9/6/23 947.09SEP'23 LLMD ZONE 77 WATER SVCS500072316 10/4/23
1,876.09SEP'23 AMR SPORTS PARK IRRIGATION500076871 9/20/23 1,429.91SEP'23 SPIRIT PARK WATER SVCS500078181 9/20/23
2,756.74AUG'23 LLMD ZONE 3 WATER SVCS500078190 9/6/23
746.43SEP'23 FIRE STATION #7 WATER SVC500079969 10/3/23 813.38AUG'23 FIRE STATION #7 WATER SVC500079969 9/5/23
3,344.15SEP'23 HIDDEN HILLS PARK WATER SVCS500082800 9/20/23 2,440.66SEP'23 AMR ROW WATER SVCS500086136 9/20/23
1,169.15SEP'23 AMR ROW WATER SVCS500086142 9/20/23
1,162.97SEP'23 CENTENNIAL PARK IRRIGATION WATER500087646 9/20/23 1,737.19AUG'23 CSA 145 WATER SVCS- LAZY CREEK500099235 9/5/23 932.31SEP'23 LLMD ZONE 3 WATER SVCS500160706 10/4/23
1,348.20SEP'23 REMINGTON WATER SVCS500529547 9/20/23
Total : 59,049.54
59399 10/13/2023 00161 EASTERN MUNICIPAL WATER DIST. 500000191 10/5/23 SEP'23 FIRE STATION #76 WATER SVCS 222.15 229.90SEP'23 LLMD ZONE 3 WATER SVCS500000711 10/3/23
231.20AUG'23 LLMD ZONE 3 WATER SVCS500000711 9/5/23
284.86AUG'23 LLMD ZONE 3 WATER SVCS500012382 9/5/23
250.48AUG'23 LLMD ZONE 3 WATER SVCS500036123 9/5/23
225.58AUG'23 WATER SVCS FIRE STATION #5500036595 9/5/23 413.35SEP'23 LLMD ZONE 38 WATER SVCS500049740 10/3/23
677.64AUG'23 LLMD ZONE 38 WATER SVCS500049740 9/5/23
292.77AUG'23 LLMD ZONE 38 WATER SVCS500049741 9/5/23
586.19SEP'23 LLMD ZONE 38 WATER SVCS500049742 10/3/23
510.19AUG'23 LLMD ZONE 38 WATER SVCS500049742 9/5/23
443.47SEP'23 LLMD ZONE 47 WATER SVCS500061346 10/3/23
364.74SEP'23 LLMD ZONE 3 WATER SVCS500064230 10/3/23
553.52AUG'23 LLMD ZONE 3 WATER SVCS500064230 9/5/23
240.16SEP'23 POLICE HEADQUARTERS WATER SVC500072807 10/3/23 11Page:
Item Title: 10.2
Warrant Register
Item Page Number: 12
Menifee Mayor and City Council
November 15, 2023
Page
27 of 672
10/13/2023
Voucher List
City of Menifee
12 2:58:01PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59399 10/13/2023 (Continued)00161 EASTERN MUNICIPAL WATER DIST. 320.87AUG'23 POLICE HEADQUARTERS WATER SVC500072807 9/5/23 202.29SEP'23 NEWPORT/HAUN STREET MEDIAN WATER500074611 10/3/23 199.71SEP'23 BRADLEY RD ROW WATER SVCS500074646 10/3/23 297.86AUG'23 BRADLEY RD ROW WATER SVCS500074646 9/5/23
227.59SEP'23 FIRE STATION #7 WATER SVCS500079968 10/3/23 264.25AUG'23 FIRE STATION #7 WATER SVCS500079968 9/5/23 417.30SEP'23 FERGUSON ROW WATER SVCS500081480 10/4/23
263.33SEP'23 LLMD ZONE 167 WATER SVCS500083873 10/5/23
436.75SEP'23 CITY HALL WATER SVCS500084101 10/3/23
319.70SEP'23 CFD 2015-2 ANNEXATION 34 ZONE 34500087081 10/4/23 401.24SEP'23 CSA 145 WATER SVCS - CALLE TOMAS500099169 10/3/23 550.51SEP'23 CHERRY HILLS BLVD STREET MEDIAN R500104746 10/3/23 510.37SEP'23 LLMD ZONE 3 WATER SVCS500136046 10/3/23
523.53SEP'23 WATER SVC SENIOR CENTER500146772 10/3/23
603.62SEP'23 LLMD ZONE 3 WATER SVCS500151224 10/3/23
317.42SEP'23 CSA 33 WATER SVCS-ENCANTO DR500153535 10/5/23 355.99SEP'23 LLMD ZONE 3 WATER SVCS500160206 10/3/23
241.30SEP'23 P/W MOC WATER SVCS500163451 10/3/23
294.90AUG'23 P/W MOC WATER SVCS500163451 9/5/23
507.80SEP'23 CFD2015-2 ANNEX #7, ZONE 8 WATER500403157 10/4/23 354.81AUG'23 CHERRY HILLS WATER SVCS500555317 9/5/23
Total : 13,137.34
59400 10/13/2023 00161 EASTERN MUNICIPAL WATER DIST. 500000768 10/5/23 SEP'23 AMR SPORTS PARK IRRIGATION 114.74
76.89SEP'23 LLMD ZONE 3 WATER SVCS500015569 10/4/23
71.41SEP'23 LLMD ZONE 3 WATER SVCS500035570 10/3/23
115.53SEP'23 LLMD ZONE 3 WATER SVCS500036123 10/3/23
188.31SEP'23 WATER SVCS FIRE STATION #5500036595 10/3/23 188.21SEP'23 LLMD ZONE 38 WATER SVCS500049741 10/3/23
71.58SEP'23 CSA 145 WATER SVCS - LA LADERA500056015 10/3/23
84.07AUG'23 CSA 145 WATER SVCS - LA LADERA500056015 9/5/23 110.72SEP'23 CSA 145 WATER SVCS - LA LADERA500056016 10/3/23
44.64AUG'23 SPIRIT PARK RESTROOM WATER SVCS500069405 9/5/23 118.20SEP'23 POLICE HEADQUARTERS WATER SVC500072808 10/3/23 142.09AUG'23 POLICE HEADQUARTERS WATER SVC500072808 9/5/23 151.82SEP'23 AMR SPORTS PARK WATER SVCS500075951 10/4/23 12Page:
Item Title: 10.2
Warrant Register
Item Page Number: 13
Menifee Mayor and City Council
November 15, 2023
Page
28 of 672
10/13/2023
Voucher List
City of Menifee
13 2:58:01PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59400 10/13/2023 (Continued)00161 EASTERN MUNICIPAL WATER DIST. 123.93SEP'23 SUN CITY ROW IRRIGATION500079012 10/3/23
196.12AUG'23 SUN CITY ROW IRRIGATION500079012 9/5/23
45.49AUG'23 FIRE STATION #7 WATER SVCS500079488 9/5/23
56.25SEP'23 CSA 145 WATER SVC-RIM CREEK PATH500083890 10/4/23
70.00SEP'23 AMR SILVERSTAR PARK WATER SVCS500084125 10/3/23
73.96SEP'23 AMR ROW WATER SVCS500084513 10/3/23
116.77SEP'23 HIDDEN HILLS PARK RESTROOM WATER500084613 10/4/23
66.21SEP'23 CENTRAL PARK WATER SVCS500086730 10/4/23
78.22SEP'23 CENTENNIAL PARK WATER SVCS500087044 10/4/23
92.30SEP'23 POLICE HEADQUARTERS WATER SVC500088856 10/3/23 177.62SEP'23 WATER SVC NORTH ANNEX BLDG500096665 10/3/23
71.41SEP'23 LLMD ZONE 3 WATER SVCS500136045 10/3/23
145.51SEP'23 LLMD ZONE 3 WATER SVCS500136663 10/5/23
59.95SEP'23 FIRE STATION #68 WATER SVCS500138106 10/4/23
71.41SEP'23 LLMD ZONE 3 WATER SVCS500149389 10/3/23
122.42SEP'23 RANCHO RAMONA PARK WATER SVCS500154617 10/5/23 110.72SEP'23 CSA 33 WATER SVCS-ALTA VISTA WAY500154618 10/5/23
71.41SEP'23 LLMD ZONE 3 WATER SVCS500157631 10/3/23
123.45SEP'23 LLMD ZONE 3 WATER SVCS500158562 10/4/23
71.41SEP'23 LLMD ZONE 3 WATER SVCS500160208 10/3/23
90.97SEP'23 PUMP TRACK WATER METER USAGE500316437 10/4/23
64.94SEP'23 LYLE MARSH PARK RESTROOM500520377 10/4/23
169.55SEP'23 CHERRY HILLS WATER SVCS500555317 10/3/23
Total : 3,748.23
59401 10/13/2023 00161 EASTERN MUNICIPAL WATER DIST. 500000508 10/4/23 SEP'23 CSA 145 WATER SVCS-SCHOOL PARK DR 18.99
30.19SEP'22 FIRE STATION #76 WATER SVCS500004008 10/5/23
25.83SEP'23 LLMD ZONE 3 WATER SVCS500012499 10/3/23
25.83SEP'23 CSA 145 WATER SVCS - NOVA LN500025389 10/3/23
39.11SEP'23 SPIRIT PARK RESTROOM WATER SVCS500069405 10/3/23
21.02SEP'23 WATER SVC NORTH ANNEX500073302 10/3/23
38.59SEP'23 FIRE STATION #7 WATER SVCS500079488 10/3/23
18.99SEP'23 AUDIE MURPHY RD SOUTH500083336 10/3/23
19.67SEP'23 HIDDEN HILLS PARK IRRIGATION SVCS500084615 10/4/23
21.79SEP'23 FIRE STATION #68 WATER SVCS500138108 10/4/23
30.81SEP'23 LLMD ZONE 3 WATER SVCS500145028 10/5/23
13Page:
Item Title: 10.2
Warrant Register
Item Page Number: 14
Menifee Mayor and City Council
November 15, 2023
Page
29 of 672
10/13/2023
Voucher List
City of Menifee
14 2:58:01PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59401 10/13/2023 (Continued)00161 EASTERN MUNICIPAL WATER DIST.
38.59SEP'23 WATER SVC ANNEX BLDG500147167 10/3/23
26.75SEP'23 LLMD ZONE 3 WATER SVCS500158962 10/3/23
25.83SEP'23 CSA 145 WATER SVCS - PARK CITY500159132 10/3/23
25.83SEP'23 SUNSET PARK WATER SVCS500304217 10/3/23
Total : 407.82
59402 10/13/2023 02368 ENVIRONMENTAL SCIENCE, ASSOCIATES 188070 04754 JUL'23 BIO RESOURCES ASSESSMENT SVCS SCO 11,075.15 Total : 11,075.15
59403 10/13/2023 00024 FEDEX 8-270-99997 SEP'23 EXPRESS DELIVERY SVCS 11.74 Total : 11.74
59404 10/13/2023 01142 FRONTIER CALIFORNIA INC. 9511970298 10/4/23 OCT'23 CITY HALL DEDICATED FIBER (EIA) 990.00 990.00OCT'23 PD HEADQUARTERS DEDICATED FIBER (9511970579 10/4/23 226.69OCT'23 MENIFEE PD EVPL (LIVE SCAN)9511970673 10/1/23 990.00OCT'23 CS DIA SERVICE9511970818 10/1/23
990.00OCT'23 P/W YARD DIA SVCS9511970823 10/1/23
179.18OCT'23 ALARM CITY HALL9516793592 10/4/23
797.22OCT'23 PD SUBSTATION FIOS9516797031 10/1/23
145.56OCT'23 LAZY CREEK ALARM SVCS9516798153 10/4/23
Total : 5,308.65
59405 10/13/2023 02078 FUN EXPRESS LLC 72658384601 CS LAZY CREEK SUPPLIES 271.48 Total : 271.48
59406 10/13/2023 02773 GABRIELLE PUYAT SERVICES 325092923P SEP'23 INSTRUCTOR PMT 518.00 Total : 518.00
59407 10/13/2023 00278 GALLS, LLC 25701811 PD UNIFORM 810.13
18.48PD UNIFORM25755356
322.98PD UNIFORM25833974
Total : 1,151.59
59408 10/13/2023 00908 GOSCH AUTO GROUP 1059673 PW STREETS VEHICLE MAINT 152.32 Total : 152.32
59409 10/13/2023 02141 HARRIS, CHALON 24-016D-A T&T ADV CHALON H. CNOA CONFERENCE 307.75 14Page:
Item Title: 10.2
Warrant Register
Item Page Number: 15
Menifee Mayor and City Council
November 15, 2023
Page
30 of 672
10/13/2023
Voucher List
City of Menifee
15 2:58:01PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59409 10/13/2023 (Continued)02141 HARRIS, CHALON
293.00T&T ADV CHALON H. BASIC NARC COURSE24-091-A
Total : 600.75
59410 10/13/2023 00880 HEMET RUBBER STAMP & SIGN CO. 300164 PD OFFICE SUPPLIES 86.67 Total : 86.67
59411 10/13/2023 01419 HMR&R SERVICES INC 10922 04873 ARPA-SFHI PASEO JUANITA PROJECT 10,635.00 04874 1,060.00ARPA SFHI- SHADEL PROJECT10924
04874 15,724.00APPA-SFHI-SHADEL PROJECT10925
04873 150.00ARPA-SFHI PASEO JUANITA PROJECT10926
Total : 27,569.00
59412 10/13/2023 01734 HOME DEPOT CREDIT SERVICES 1510280 PW SMALL TOOLS/FIELD EQUIP 40.91 208.69PW MATERIALS/SUPPLIES1510301
97.91PW SMALL TOOLS/FIELD EQUIP22398
19.36PW SMALL TOOLS/FIELD EQUIP22402
513.47PW SMALL TOOLS & FIELD EQUIP5091315
236.00PW MATERIALS/SUPPLIES6540726
163.40PW MATERIALS/SUPPLIES6544007
179.29PW SUPPLIES8133226
723.96CS PARKS SMALL TOOLS/EQUIP9521970
819.14CS SUPPLIES9530182
70.88PW FACILITIES MAINT9530250
Total : 3,073.01
59413 10/13/2023 02585 IGOE ADMINISTRATIVE SERVICES 282405 SPENDING ACCT MNTHLY PARTICIPATION FEE 107.45 107.45SPENDING ACCT MNTHLY PARTICIPATION FEE290326
897.45SPENDING ACCT MNTHLY PARTICIPATION FEE291421
107.45SPENDING ACCT MNTHLY PARTICIPATION FEE292694
739.35SPENDING ACCT MNTHLY PARTICIPATION FEE302522
107.45SPENDING ACCT MNTHLY PARTICIPATION FEE303253
Total : 2,066.60
59414 10/13/2023 02761 IMAGINE REPORTING/LEXITAS 89905 COURT REPORTING SVCS 194.50 174.41COURT REPORTING SVCS90022
339.95COURT REPORTING SVCS90024
15Page:
Item Title: 10.2
Warrant Register
Item Page Number: 16
Menifee Mayor and City Council
November 15, 2023
Page
31 of 672
10/13/2023
Voucher List
City of Menifee
16 2:58:01PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59414 10/13/2023 (Continued)02761 IMAGINE REPORTING/LEXITAS 170.30COURT REPORTING SVCS90025
305.18COURT REPORTING SVCS90087
Total : 1,184.34
59415 10/13/2023 02566 IMPERIAL SPRINKLER SUPPLY 11941238-002 CSA 145 FACILITY MAINT 620.84 1,154.86FACILITIES MAINT12785350-001
1,108.52FACILITIES MAINT12807193-002
54.58LLMD ZONE 3 IRRIGATION REPAIRS12851543-001
161.82LLMD ZONE 3 IRRIGATION REPAIRS12851543-002
72.40CSA 145 FACILITY MAINT12860483-001
990.01CSA 145 FACILITY MAINT12860483-002
159.76AMR IRRIGATION SUPPLIES12861058-001
35.35AMR IRRIGATION SUPPLIES12861058-003
28.28AMR IRRIGATION SUPPLIES12861058-004
30.69LLMD ZONE 3 IRRIGATION SUPPLIES12869815-001
629.92AMR IRRIGATION SUPPLIES12876891-001
228.38CS PARKS SUPPLIES12880104-001
32.87LLMD ZONE 3 IRRIGATION SUPPLIES12880154-001
256.64CS FACILITIES MAINT12887884-001
254.58CSA 145 FACILITY MAINT12918997-001
183.82CS PARKS SUPPLIES12927229-001
211.44SMALL TOOLS/FIELD EQUIP12938598-001
350.85CSA 145 FACILITY MAINT12940878-001
27.43LLMD ZONE 3 IRRIGATION SUPPLIES12946149-001
234.48CSA 145 FACILITY MAINT12946612-001
99.07CSA 145 FACILITY MAINT12958728-001
167.26CSA 145 FACILITY MAINT12960192-001
307.89CSA 145 FACILITY MAINT12962542-001
115.47CSA 145 FACILITY MAINT12964088-001
426.26CS PARKS SUPPLIES12971141-001
1,139.66CSA 145 FACILITY MAINT12980856-001
128.60CSA 145 FACILITY MAINT12986131-001
Total : 9,211.73
59416 10/13/2023 02774 INLANDE EMPIRE CRIME & INTELL., ANALYSIS ASSOC.327101023P PD TRAINING 35.00
35.00PD TRAINING328101023P
16Page:
Item Title: 10.2
Warrant Register
Item Page Number: 17
Menifee Mayor and City Council
November 15, 2023
Page
32 of 672
10/13/2023
Voucher List
City of Menifee
17 2:58:01PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 70.00 59416 10/13/2023 02774 02774 INLANDE EMPIRE CRIME & INTELL., ANALYSIS ASSOC. 59417 10/13/2023 01341 JOHNSON EQUIPMENT COMPANY 8485 05063 SAFETY LIGHTS INSTALL - UNIT 243 3,958.79 1,590.08B&S VEHICLE MAINTENANCE8538
Total : 5,548.87
59418 10/13/2023 00128 LOWES 901095 -LUXOFB FACILITY MAINT SUPPLIES 42.89
78.39PW SMALL TOOLS & FIELD EQUIP901123 -LUXOFC
29.90FACILITIES MAINT MATERIALS/SUPPLIES980716 -LUFQGK
253.98PW MATERIALS/SUPPLIES980839 -LUFQGM
82.63FIRESTATION #76 FACILITY MAINT982416 -LVIOTH
225.38FIRESTATION #68 FACILITY MAINT983024 -LUFQGY
33.01PW MATERIALS/SUPPLIES983439 -LTFOHA
Total : 746.18
59419 10/13/2023 02645 M. BREY ELECTRIC, INC 8827 04956 CARPET INSTALLATION SERVICES FOR FIRE ST 4,606.00 Total : 4,606.00
59420 10/13/2023 02355 MADE LOCAL, LLC JUN 15, 2023 05065 MADE LOCAL PARTNERSHIP 2,000.00 Total : 2,000.00
59421 10/13/2023 02738 MARK SCHUMACHER 10102023 05046 EMPLOYEE DEVELOPMENT SPEAKER FALL 2023 3,750.00 Total : 3,750.00
59422 10/13/2023 01891 MATTHEW FAGAN CONSULTING, INC 8 04170 04170 JUL'23 CQA22-015 PLN VILLAGIO APT PROJ 2,345.00 04085 1,207.50AUG-SEPT'23 PLN CEQA REVIEW SVCS UNITED9 04085 04170 1,180.00SEPT'23 CQA22-015 PLN VILLAGIO APT PROJ9 04170 Total : 4,732.50
59423 10/13/2023 02765 MCCONVILLE, JENNY 23-106B T&T ADV JENNY M. MMASC ANNUAL CONFERENCE 185.50 Total : 185.50
59424 10/13/2023 00872 MENIFEE CAR WASH COM-AUG2023 AUG'23 FLEET VEHICLE MAINT 64.26 Total : 64.26
59425 10/13/2023 00474 KELSEY'S KORNER 332101123P ED SPECIAL EVENT STATE OF CITY 552.50 Total : 552.50
17Page:
Item Title: 10.2
Warrant Register
Item Page Number: 18
Menifee Mayor and City Council
November 15, 2023
Page
33 of 672
10/13/2023
Voucher List
City of Menifee
18 2:58:01PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59426 10/13/2023 00474 JOYFUL NOISE COFFEE 331101123P ED SPECIAL EVENT STATE OF CITY 400.00 Total : 400.00
59427 10/13/2023 00474 EAT 310 CATERING INC. 330101123P ED SPECIAL EVENT STATE OF CITY 400.00 Total : 400.00
59428 10/13/2023 00474 INFINITY ENERGY 308092723R BLDG PMT REFUND PMT23-02646 383.00 Total : 383.00
59429 10/13/2023 00474 SEB DESIGN 333101123P ED SPECIAL EVENT STATE OF CITY 323.25 Total : 323.25
59430 10/13/2023 00474 LIA ANDREWS 319100423R DEPOSIT REFUND LAZY CREEK MULTIPURPOSE R 200.00 Total : 200.00
59431 10/13/2023 00474 YVETT COSSIO 320100323D DEPOSIT REFUND KCSC PALM ROOM RESERVATIO 200.00 Total : 200.00
59432 10/13/2023 00474 YUNWA MORASH 322100423D DEPOSIT REFUND TENNIS CANCELLATION FOR N 149.00 Total : 149.00
59433 10/13/2023 00474 ADRIANNE ANDERSON 318100423R DEPOSIT REFUND KCSC NORTH ANNEX ROOM 100.00 Total : 100.00
59434 10/13/2023 00474 LETICIA GUTIERREZ 321100423R REFUND FOR PICKLEBALL CLASSES SEP'23 SES 90.00 Total : 90.00
59435 10/13/2023 02768 MONROE, JASMINE 24-216B-E T&T CLM JASMINE M. CALIFORNIA PARK & REC 49.39 Total : 49.39
59436 10/13/2023 01495 MONTES, ANDREA 24-147B-A T&T ADV ANDREA M. CACEO CONFERENCE 231.00 Total : 231.00
59437 10/13/2023 02292 NATIONAL GRANTS MANAGEMENT, ASSOCIATION29040 NGMA MEMBERSHIP DUES 174.00 Total : 174.00
59438 10/13/2023 01796 NETFILE, INC 8894 04895 SOFTWARE LICENSE AGREEMENT FOR ELECTRONI 1,875.00 Total : 1,875.00
18Page:
Item Title: 10.2
Warrant Register
Item Page Number: 19
Menifee Mayor and City Council
November 15, 2023
Page
34 of 672
10/13/2023
Voucher List
City of Menifee
19 2:58:01PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59439 10/13/2023 02407 NORTH STAR PLACE BRANDING &, MARKETINGINV-7410 04183 SEP'23 MARKETING & VIDEO PRODUCTION SVCS 4,875.00 Total : 4,875.00
59440 10/13/2023 02664 OLD TOWN WISE RIDERS, INC, OLD TOWN TEMECULA H-D/BMW160431 OUTSOURCED FLEET REPAIRS 306.48 157.35OUTSOURCED FLEET REPAIRS161231
562.17OUTSOURCED FLEET REPAIRS161503
1,285.28OUTSOURCED FLEET REPAIRS161753
283.16OUTSOURCED FLEET REPAIRS162148
1,062.25OUTSOURCED FLEET REPAIRS162551
462.93OUTSOURCED FLEET REPAIRS164910
683.72OUTSOURCED FLEET REPAIRS164911
Total : 4,803.34
59441 10/13/2023 01096 PAPER RECYCLING & SHREDDING, SPECIALISTS INC.551093 PD DOC SHREDDING SERVICES 105.00 105.00PD DOC SHREDDING SVCS555743
Total : 210.00
59442 10/13/2023 01951 PRISTINE UNIFORMS, LLC 341 PD UNIFORMS 693.72 185.92PD UNIFORMS342
Total : 879.64
59443 10/13/2023 01065 PRUDENTIAL OVERALL SUPPLY 23545438 FLEET PROFESSIONAL SVCS 38.48
38.48FLEET PROFESSIONAL SVCS23548531
219.63PW UNIFORM23551600
Total : 296.59
59444 10/13/2023 00006 R&R BUSINESS SOLUTIONS 9056 PRINTING SVCS 92.44 Total : 92.44
59445 10/13/2023 00301 RIGHTWAY 353536 SEP'23 PW EQUIP RENTAL 223.50 223.50SEPT-OCT'23 P/W EQUIPMENT RENTAL357019
Total : 447.00
59446 10/13/2023 00359 RIVERSIDE COUNTY, RECORDER 23-220797 AUG'23 CODE ENF RELEASES 40.00 Total : 40.00
59447 10/13/2023 02769 RODRIGUEZ, NANCY 24-216A-E T&T CLM NANCY R. CALIFORNIA PARK & REC S 49.39 19Page:
Item Title: 10.2
Warrant Register
Item Page Number: 20
Menifee Mayor and City Council
November 15, 2023
Page
35 of 672
10/13/2023
Voucher List
City of Menifee
20 2:58:01PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 49.39 59447 10/13/2023 02769 02769 RODRIGUEZ, NANCY 59448 10/13/2023 02454 SAFE AND SECURE LOCKSMITH, SERVICES 54321 FACILITIES MATERIALS 292.22 Total : 292.22
59449 10/13/2023 01858 SAFETY-KLEEN SYSTEMS, INC 92901329 FLEET OIL SERVICE 221.00 Total : 221.00
59450 10/13/2023 02770 SALGADO, ERASMO MARIN INV1 CS ENTERTAINMENT 200.00 Total : 200.00
59451 10/13/2023 02575 SOSA, DAVID 24-016A-A T&T ADV DAVID S. CNOA CONFERENCE 307.75 Total : 307.75
59452 10/13/2023 00046 SOUTHERN CALIFORNIA EDISON 700021216873 9/20/23 SEP'23 CSA 145 IRRIGATION SVCS 2,219.39
41.37SEP'23 CSA 33 STREET LIGHT SVCS700035766267 10/2/23 1,692.36SEP'23 CSA 86 STREET LIGHT SVCS700036971996 10/2/23
86.94SEP'23 2015-2 ANNEXATION #12 TRAFFIC SIG700055057749 10/4/23 408.60SEP'23 CENTRAL PARK ELECTRIC SVCS700056766363 10/5/23 36,227.86SEP'23 ELECTRIC SVCS FOR VARIOUS LOCATIO700158305963 10/2/23 438.81AUG'23 CITY SIGNAL SVCS700178388906 9/28/23
54.72SEP'23 LLMD ZONE 167 SIGNAL SVCS700228070080 10/4/23
40.34SEP'23 LLMD ZONE 167 SIGNAL SVCS700249578216 10/5/23
34.79SEP'23 PARK CITY LS3 SIGNAL SVCS700253167519 10/5/23 116.74SEP'23 PARK CITY TC-1 SIGNAL SVCS700253176512 10/5/23 206.14SEP'23 CITY STREET LIGHT SVCS700274062026 10/2/23
79.62SEP'23 AMR SILVERSTAR IRRIGATION SVCS700283505883 10/5/23
59.16SEP'23 CSA 145 IRRIGATION SVCS700285086781 10/4/23
29.07SEP'23 CFD 2015-2 ANNEX 18 STREET LIGHT700288704174 10/5/23 101.32SEP'23 MENIFEE RD TC-1 SIGNAL SVCS700316479116 10/2/23 897.41SEP'23 P/W MOC ELECTRICAL SVCS700325024513 10/2/23
20.56SEP'23 HIDDEN HILLS PARK ELECTRIC SVCS700327396565 10/5/23 573.32SEP'23 AMR STREET LIGHT SVCS700344343273 9/28/23
61.56SEP'23 BRIGGS RD SGNL SVC700351649393 10/4/23
169.57SEP'23 CFD 2012-1 AMR STREETLIGHT SVCS700362876640 10/2/23 6,025.21SEP'23 CENTENNIAL PARK ELECTRIC SVCS700381274106 9/21/23
68.52SEP'23 CSA 80 STREET LIGHTS700413389590 10/2/23
20Page:
Item Title: 10.2
Warrant Register
Item Page Number: 21
Menifee Mayor and City Council
November 15, 2023
Page
36 of 672
10/13/2023
Voucher List
City of Menifee
21 2:58:01PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59452 10/13/2023 (Continued)00046 SOUTHERN CALIFORNIA EDISON
34.25SEP'23 CSA 84 STREET LIGHT SVCS700548135223 10/2/23 1,639.42SEP'23 CITY SIGNAL SVCS700555228246 9/29/23
992.98AUG'23 LLMD SIGNAL SVCS700559066517 8/29/23
1,083.86SEP'23 LLMD SIGNAL SVCS700559066517 9/30/23
3,412.09SEP'23 CITY SIGNAL SVCS700559501603 9/29/23
41.15SEP'23 CSA 84 STREET LIGHT SVCS700582740779 10/2/23 7,738.07AUG'23 AMR SPORTS PARK ELECTRIC SVCS700600041741 9/19/23 160.14SEP'23 CFD 2015-2 ANNEXATION 20, ZONE 21700692224780 10/4/23 467.68SEP'23 LAZY CREEK ELECTRICAL SVCS700710295476 10/5/23 394.83SEP'23 TRAFFIC SIGNALS HIDDEN HILL, LLMD700755261949 10/4/23
99.16SEP'23 CIP(21-09) PROJECT TRAFFIC SIGNAL700757799612 10/5/23
68.47SEP'23 ROUSE RD/MURRIETA RD SGNL SVCS700757936018 10/3/23 205.11SEP'23 REMINGTON PARK LIGHTING700795224535 10/3/23 Total : 65,990.59
59453 10/13/2023 00046 SOUTHERN CALIFORNIA EDISON 700725107578 10/9/23 SEP'23 PALOMA WASH TRAIL IRRIGATION SVSC 12.40
12.20AUG'23 PALOMA WASH TRAIL IRRIGATION SVSC700725107578 9/8/23
2.66SEP'23 SUNSET PARK ELECTRICAL SVCS700738858441 10/10/3 Total : 27.26
59454 10/13/2023 00098 SOUTHERN CALIFORNIA GAS, COMPANY 11434754724 10/3/23 SEP'23 FIRE STATION #76 GAS SVCS 100.43 Total : 100.43
59455 10/13/2023 01127 SOUTHERN CALIFORNIA MULCH INC. 31051 05061 MULCH PURCHASE 4,310.25
65.25CS PARKS SUPPLIES31137
Total : 4,375.50
59456 10/13/2023 00593 SPARKLETTS 22314406 100523 CITY FACILITIES BOTTLED WATER SUPPLY 1,359.53 Total : 1,359.53
59457 10/13/2023 00861 STAPLES CONTRACT & COMMERICAL 8071815562 SEP'23 OFFICE SUPPLIES 5,286.37 Total : 5,286.37
59458 10/13/2023 01604 STATEWIDE TRAFFIC & SAFETY, & SIGNS INC 13011409 PW STREET MAINT 531.50 116.11PW STREET MAINT13011412
Total : 647.61
21Page:
Item Title: 10.2
Warrant Register
Item Page Number: 22
Menifee Mayor and City Council
November 15, 2023
Page
37 of 672
10/13/2023
Voucher List
City of Menifee
22 2:58:01PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59459 10/13/2023 01010 STC TRAFFIC, INC. 6440 04906 AUG'23 CIP22-03 TRAFFIC PLAN REVIEW 3,310.00 Total : 3,310.00
59460 10/13/2023 01362 T & D DESIGNS 11599 ECON DEV EMBROIDERY SVC 117.88 Total : 117.88
59461 10/13/2023 01034 TEMECULA WINNELSON CO. 290346 01 LA LADERA REPLACEMENT TOILET 2,132.04 05043
Total : 2,132.04
59462 10/13/2023 02521 TIME WARNER CABLE 127158101092123 SEP'23 SATELLITE SVCS (VARIOUS LOCATIONS 1,076.01 Total : 1,076.01
59463 10/13/2023 02245 TORRES, MIGUEL 24-016C-A T&T ADV MIGUEL T. CNOA CONFERENCE 307.75 Total : 307.75
59464 10/13/2023 01064 TRI STATE MATERIALS INC 108360 AMR FACILITY MAINT 55.56 Total : 55.56
59465 10/13/2023 00703 UEBER HAUN I, LLC 135 OCT'23 LAND LEASE PD SUBSTATION 6,022.14 Total : 6,022.14
59466 10/13/2023 01315 ULINE, INC 169234891 PW MATERIALS/SUPPLIES 348.09 Total : 348.09
59467 10/13/2023 02453 VALENCIA, RACHEL 24-202-E T&T CLM RACHEL V. TECHNICAL TRAINING FOR 200.90 Total : 200.90
59468 10/13/2023 02767 VENTURA, ERIC 24-046A-A T&T ADV ERIC V. IGNITE NEOGOV USER CONFE 294.25 Total : 294.25
59469 10/13/2023 02210 VERIZON CONNECT FLEET USA LLC 316000044655 SEPT'23 VEHICLE GPS SVCS 1,025.60 Total : 1,025.60
59470 10/13/2023 00189 VERIZON WIRELESS 9942709878 AUG'23 PD MOBILE CHARGES 10,024.50 Total : 10,024.50
59471 10/13/2023 01887 VISCID DESIGN CO. 8657 CS VEHICLE CUSTOM WRAP 1,265.88 22Page:
Item Title: 10.2
Warrant Register
Item Page Number: 23
Menifee Mayor and City Council
November 15, 2023
Page
38 of 672
10/13/2023
Voucher List
City of Menifee
23 2:58:01PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 1,265.88 59471 10/13/2023 01887 01887 VISCID DESIGN CO. 59472 10/13/2023 01803 WEST TOW 23-121719 PD VEHICLE TOWING SVCS 35.00 331.50PD VEHICLE TOWING SVCS23-121897
45.00PD VEHICLE TOWING SVCS23-122247
115.00PD VEHICLE TOWING SVCS23-122318
Total : 526.50
59473 10/13/2023 02051 WORLDPAC INC 80694846 PD VEH MAINT 114.25
81.17PD VEH MAINT80704142
Total : 195.42
Bank total : 6,374,087.94 159 Vouchers for bank code : uboc 6,374,087.94Total vouchers :Vouchers in this report 159 23Page:
Item Title: 10.2
Warrant Register
Item Page Number: 24
Menifee Mayor and City Council
November 15, 2023
Page
39 of 672
10/19/2023
Voucher List
City of Menifee
1 3:46:46PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59474 10/20/2023 00851 ACCELA, INC. INV-ACC58193 04987 ACCELA LICENSES 8/12/23 - 8/11/24 140,292.79 Total : 140,292.79
59475 10/20/2023 01868 ADORAMA INC 33618621 04981 IT VIDEO & AUDIO 2,540.63 Total : 2,540.63
59476 10/20/2023 01252 AMAZON CAPITAL SERVICES, INC. 11D6-FTW4-YW9Q IT SMALL TOOLS/FIELD EQUIP 711.38
11.88CS HEALTHY MENIFEE SUPPLIES11WP-JX1P-33YY
15.84CS FACILITY MAINT167D-KGGV-6YK1
36.96ED SPECIAL EVENT STATE OF CITY16JP-3XLX-H4PY
21.23CS LAZY CREEK SUPPLIES1CVY-PVJL-PYWD
114.19IT SMALL TOOLS/FIELD EQUIP1CXF-Q7LJ-YNQD
120.28PW MATERIALS / SUPPLIES1D7Y-T3TG-9YFQ
22.83OFFICE SUPPLIES1D9Y-CW9C-31VK
93.50IT COMPUTER HARDWARE1F9T-WR9D-K77P
81.55ED SPECIAL EVENT STATE OF CITY1HJT-9P9X-WYR7
64.66FLEET FURNITURE & EQUIP1JNR-NYX6-3FLQ
474.29ED SPECIAL EVENT STATE OF CITY1JNR-NYX6-41Y6
32.61PD MATERIALS/SUPPLIES1M4N-VN3R-X1FX
62.52PLANNING 2023 HOMEBUILDER APPRECIATION E1M4V-P6XC-DL3M 175.04CS SPORTS SUPPLIES1PNX-QWT6-6MWH
519.18CS FURNITURE/EQUIP1RDH-PYH4-J7QJ
1,112.68IT SUPPLIES1RF9-6YG7-6HJP
12.48CS FACILITY MAINT1YNP-DTVH-7WJJ
Total : 3,683.10
59477 10/20/2023 02036 AMERICAN LEGAL PUBLISHING CORP 28316 MUNICIPAL CODE CODIFICATION & EDITING SV 191.89
14.88SEPTEMBER 2023 S-12 EDITING28388
Total : 206.77
59478 10/20/2023 01451 ANGELES PARTY RENTALS 6843 CS DAY OF THE DEAD RENTAL 1,191.90 Total : 1,191.90
59479 10/20/2023 02588 APTIM ENVIRONMENTAL &, INFRASTRUCTURE, LLC607037 04559 CITY OF MENIFEE: SB1383 ASSISTANCE SERVI 45.00 Total : 45.00
1Page:
Item Title: 10.2
Warrant Register
Item Page Number: 25
Menifee Mayor and City Council
November 15, 2023
Page
40 of 672
10/19/2023
Voucher List
City of Menifee
2 3:46:46PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59480 10/20/2023 01272 BOOT BARN INC. INV00302926 FIELD STAFF BOOTS 290.60 278.93FIELD STAFF BOOTSINV00302927
300.00FIELD STAFF BOOTSINV00302928
Total : 869.53
59481 10/20/2023 02675 CAT TRACKING, INC. 18058 04936 PW ROAD STRIPING PROJECT 7,125.00 Total : 7,125.00
59482 10/20/2023 00370 CHANDLER ASSET MANAGEMENT, INC 2307MENIFEE 05075 JUL'23 2023/2024 INVESTMENT SVCS 1,068.32 05075 1,071.66AUG'23 FY2023/2024 INVESTMENT SVCS2308MENIFEE 05075 1,071.33SEP'23 FY2023/2024 INVESTMENT SVCS2309MENIFEE Total : 3,211.31
59483 10/20/2023 00776 CORELOGIC SOLUTIONS, LLC 30684653 SEPT'23 CORELOGIC LICENSING 412.00 Total : 412.00
59484 10/20/2023 00453 DENNIS JANDA, INC. 15987 04976 AUG'23 TM31822-1 AMR MONUMENT INSPECTION 760.00 Total : 760.00
59485 10/20/2023 00272 DIAMOND ENVIRONMENTAL SVC 4934951 05071 RESTROOM RENTAL SERVICES FOR SPECIAL EVE 741.40 Total : 741.40
59486 10/20/2023 01988 DIVERSIFIED DISTRIBUTION 2003450 PD VEHICLE MAINT 428.24 282.73PW STREETS EQUIP MAINT2003451
Total : 710.97
59487 10/20/2023 00080 DOCU-TRUST 51117 OCT'23 DOC STORAGE & RETRIEVAL SVCS 1,013.98 Total : 1,013.98
59488 10/20/2023 02104 DOKKEN ENGINEERING 44319 03707 AUG'23 VALLEY BOULEVARD WIDENING ENVIRON 6,425.00 Total : 6,425.00
59489 10/20/2023 00767 FAIR HOUSING COUNCIL 334100923P 04897 FY24 CDBG SUB AGREEMENT FAIR HOUSING REQ 1,876.36 Total : 1,876.36
59490 10/20/2023 00805 GARY F. HOYT LANDSCAPE CP-2551 JUL'23 LNDSCPE DSGN/INSPCTN SVCS 4,488.00 04797
2Page:
Item Title: 10.2
Warrant Register
Item Page Number: 26
Menifee Mayor and City Council
November 15, 2023
Page
41 of 672
10/19/2023
Voucher List
City of Menifee
3 3:46:46PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 4,488.00 59490 10/20/2023 00805 00805 GARY F. HOYT LANDSCAPE 59491 10/20/2023 01310 GOLDSTAR ASPHALT PRODUCTS 24368 04907 PW GLASS BEADS-STENCIL GUARD 3,129.06 281.80PW MATERIALS/SUPPLIES24947
Total : 3,410.86
59492 10/20/2023 00824 HILLCREST CONTRACTING, INC. PB31686 04654 AUG'23 CIP22-23 RMLND GRID RSURFCNG PROJ 415,008.98 Total : 415,008.98
59493 10/20/2023 01200 INLAND ELECTRIC INC 6227 PW FACILITY MAINT 1,013.97 Total : 1,013.97
59494 10/20/2023 00745 K & A ENGINEERING, INC. 19320 04574 AUG'23 CIP 23-02 CIVIL DSGN SVCS GOETZ R 6,383.80 Total : 6,383.80
59495 10/20/2023 00840 KIMLEY-HORN AND ASSOCIATES, INC. 095928015-0823 04899 AUG'23 CIP 20-05 PROJ INITIATION DOC SVC 4,327.50 Total : 4,327.50
59496 10/20/2023 01570 KTU+A 35261 04522 AUG'23 ENG SVCS STREETS PLAN CIP22-30 6,618.25 Total : 6,618.25
59497 10/20/2023 00857 MOTOPORT USA 1214 04965 PD UNIFORMS 6,748.98 Total : 6,748.98
59498 10/20/2023 00863 NV5 INC 353039 04653 JUL-SEPT'23 RFFC SIG DSGN SVCS CIP23-09 11,835.00 Total : 11,835.00
59499 10/20/2023 02574 PARADISE CHEVROLET CADILLAC CTCS18255 PD VEHICLE MAINTENANCE 20-05 1,439.26 Total : 1,439.26
59500 10/20/2023 01467 PARRON-HALL CORPORATION 41271 05027 RETROFITTED DESK 2,642.32 Total : 2,642.32
59501 10/20/2023 02512 PARTS AUTHORITY, LLC 536291 PW STREETS EQUIP MAINT 64.06 Total : 64.06
59502 10/20/2023 00346 PLACEWORKS, INC. 83215 04550 AUG'23 HOUSING MARKETING STUDY 6,905.40 Total : 6,905.40
3Page:
Item Title: 10.2
Warrant Register
Item Page Number: 27
Menifee Mayor and City Council
November 15, 2023
Page
42 of 672
10/19/2023
Voucher List
City of Menifee
4 3:46:46PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59503 10/20/2023 01212 R.J. NOBLE COMPANY 233590 P/W STREET MAINTENANCE 473.51 Total : 473.51
59504 10/20/2023 02630 RHYTHM TECH PRODUCTIONS, LLC 1152 05080 STAGE, AUDIO, VISUAL SVCS STATE OF THE C 18,487.50 05012 5,937.50STAGE AND SOUND SERVICES FOR CITY OF MEN1161 05012 5,937.50STAGE AND SOUND SERVICES FOR CITY OF MEN1162 05012 6,437.50STAGE AND SOUND SERVICES FOR CITY OF MEN1163 Total : 36,800.00
59505 10/20/2023 02500 RIVERSIDE CONSTRUCTION CO. INC 8 04396 AUG'23 CIP13-03 HOLLAND/I-215 INTRCHNGE 611,363.28 Total : 611,363.28
59506 10/20/2023 00242 RIVERSIDE COUNTY, TLMA ADMINISTRATION TL16971 JUN'23 COUNTY LABOR/EQUIP CIP22-15 5,173.88 Total : 5,173.88
59507 10/20/2023 01001 ROADWAY ENGINEERING, & CONTRACTING, INC1223-1 04830 AUG'23 NORMANDY RD PDSTRN IMPRVMNTS PRJ 391,228.05 04830
Total : 391,228.05
59508 10/20/2023 00962 RUTAN & TUCKER, LLP 968771 JUL'23 LEGAL SVCS-P/W GENERAL 1,970.00 1,096.50JUL'23 LEGAL SVCS-P/W REIMBURSABLE968778
1,598.00JUL'23 LEGAL SVCS- IT GENERAL968783
Total : 4,664.50
59509 10/20/2023 01318 SEARLE CREATIVE GROUP LLC 23476-WEB IT PROFESSIONAL SVCS 927.75 Total : 927.75
59510 10/20/2023 01019 SIGNARAMA INV-26108 HR NAME PLATES 96.68 Total : 96.68
59511 10/20/2023 01723 SIGNPROS GRAPHIX 10.6.23 PD VEHICLE GRAPHICS 1,440.21 Total : 1,440.21
59512 10/20/2023 01932 SOUTHERN CALIFORNIA NEWS GROUP 11623192 LEGAL AD SVCS 218.72 557.30LEGAL AD SVCS11628499
853.70LEGAL AD SVCS11628503
Total : 1,629.72
4Page:
Item Title: 10.2
Warrant Register
Item Page Number: 28
Menifee Mayor and City Council
November 15, 2023
Page
43 of 672
10/19/2023
Voucher List
City of Menifee
5 3:46:46PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59513 10/20/2023 02267 SOUTHSTAR ENGINEERING &, CONSULTING COMHP-021 03590 AUG'23 CIP13-03 CONSTR MNGMNT SVCS HOLLA 467,433.79 Total : 467,433.79
59514 10/20/2023 01674 SSD ALARM R-00479990 05069 NOV'23 FIRE ALARM SVCS 637.64 Total : 637.64
59515 10/20/2023 01449 THE NATELSON DALE GROUP, INC 3872 05013 SEP'23 CEDS ANNUAL PRF REPORT 7,030.00 Total : 7,030.00
59516 10/20/2023 02676 VESERIS IN-4269709 04836 PW STREET MAINT 3,140.10 230.88PW STREET MAINTIN-4279316
186.09PW STREET MAINTIN-4308209
1,727.09PW STREET MAINTIN-4330816
Total : 5,284.16
59517 10/20/2023 01378 VISIONARIES IMAGE COMPANY 1243 05077 FY 23/24 CITY OF MENIFEE ON-CALL PROFESS 10,057.50 Total : 10,057.50
59518 10/20/2023 01250 VULCAN MATERIALS COMPANY 73802689 P/W STREET MAINTENANCE 206.08 Total : 206.08
59519 10/20/2023 01119 WEST COAST ARBORISTS INC. 204970 04871 CITY-WIDE TREE TRIMMING MAINTENANCE SERV 36,555.00 Total : 36,555.00
59520 10/20/2023 00298 WEX BANK 92415263 SEPT'23 CITY VEHICLE FUEL & MAINT CHARGE 65,589.16 Total : 65,589.16
59521 10/20/2023 01524 WRIGHT SEPTIC 40913 FIRESTATION #5 FACILITY MAINT 684.00 836.00FIRESTATION #5 FACILITY MAINT41139
Total : 1,520.00
59522 10/20/2023 00555 ADAME LANDSCAPING, INC. 100872 04910 PARK MAINTENANCE SERVICES (FY23/24) 47,930.89 04909 45,722.11LANDSCAPE MAINTENANCE SERVICES (FY23/24)100873 Total : 93,653.00
59523 10/20/2023 01795 AIR & HOSE SOURCE, INC 527774 PW STREETS EQUIP MAINTENANCE 674.52 Total : 674.52
5Page:
Item Title: 10.2
Warrant Register
Item Page Number: 29
Menifee Mayor and City Council
November 15, 2023
Page
44 of 672
10/19/2023
Voucher List
City of Menifee
6 3:46:46PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59524 10/20/2023 00612 ALL AMERICAN ASPHALT 203760 04685 AUG'23 CIP23-07 MURRIETA RD RESURFACING 216,450.36 Total : 216,450.36
59525 10/20/2023 02366 AZTEC JANITORIAL SERVICES J1584 05011 AUG-24 CITY FACILITIES JANITORIAL SERVIC 20,873.93 05011 20,873.93SEP-24 CITY FACILITIES JANITORIAL SERVICJ1604 Total : 41,747.86
59526 10/20/2023 01098 CAL TRUE VALUE 5317/1 CS PARKS SUPPLIES 4.45
6.35CS PARKS SUPPLIES5324/1
61.61PARKS SMALL TOOLS / FIELD EQUIP5329/1
Total : 72.41
59527 10/20/2023 02739 DALDE, BRENDAN 24-130A-C T&T CLM BRENDAN D. APA CALIFORNIA CENTRA 144.58 Total : 144.58
59528 10/20/2023 00161 EASTERN MUNICIPAL WATER DIST. 500056016 10/9/23 OCT'23 CSA 145 WATER SVCS - LA LADERA 7.91 1,952.78SEP'23 CSA 145 WATER SVCS - LA LADERA500056017 10/3/23
7.91OCT'23 CSA 145 WATER SVCS - LA LADERA500056017 10/9/23 1,432.86SEP'23 LLMD ZONE 37 WATER SVCS500058727 10/3/23 1,028.55SEP'23 LLMD ZONE 3 WATER SVCS500059674 10/3/23
1,234.85SEP'23 LLMD ZONE 3 WATER SVCS500064203 10/4/23
2,230.00SEP'23 LLMD ZONE 3 WATER SVCS500065258 10/4/23
1,355.84SEP'23 LLMD ZONE 3 WATER SVCS500065261 10/4/23
1,644.44SEP'23 LLMD ZONE 69 WATER SVCS500069563 10/4/23 1,780.96SEP'23 LLMD ZONE 69 WATER SVCS500069564 10/4/23 1,541.47SEP'23 CSA 145 WATER SVCS-NORDIC LANE500069659 10/4/23 1,795.74SEP'23 CSA 145 ROW WATER SVCS-MURRIETA R500071797 10/4/23 1,575.50SEP'23 LLMD ZONE 81 WATER SVCS500073607 10/4/23 2,051.67SEP'23 AMR ROW WATER SVCS500075952 10/4/23
2,312.46SEP'23 AMR ROW WATER SVCS500077836 10/4/23
1,794.65SEP'23LLMD ZONE 3 WATER SVCS500078190 10/4/23
3,122.44SEP'23 AMR ROW WATER SVCS500079022 10/4/23
3,887.38SEP'23 LLMD ZONE 77 WATER SVCS500079270 10/4/23 1,597.12SEP'23 CFD2015-2 ANNEX 18, ZONE 19 WATER500084836 10/3/23 1,248.02SEP'23 CSA 145 WATER SVCS- LAZY CREEK500099235 10/3/23 4,342.46SEP'23 CSA 145 WATER SVCS-SCHOOL PARK DR500160209 10/4/23 141.43OCT'23 AIR GAP CONSTRUCTION WATER METER500163394 10/17/23 6Page:
Item Title: 10.2
Warrant Register
Item Page Number: 30
Menifee Mayor and City Council
November 15, 2023
Page
45 of 672
10/19/2023
Voucher List
City of Menifee
7 3:46:46PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59528 10/20/2023 (Continued)00161 EASTERN MUNICIPAL WATER DIST. 1,238.31SEP'23 LLMD ZONE 3 WATER SVCS500163592 10/4/23
117.19OCT'23 AIR GAP CONSTRUCTION WATER METER500536777 10/17/23 Total : 39,441.94
59529 10/20/2023 01928 EFAX CORPORATE 4649448 OCT'23 FAX LINES PD REPORTS 159.50 Total : 159.50
59530 10/20/2023 02368 ENVIRONMENTAL SCIENCE, ASSOCIATES 188758 04801 AUG'23 ONCALL ENVIRO REVIEW 1,570.50 Total : 1,570.50
59531 10/20/2023 00024 FEDEX 8-277-90797 SEP'23 PD EXPRESS DELIVERY SVCS 1,320.20 Total : 1,320.20
59532 10/20/2023 01042 FISHER WIRELESS SERVICES, INC 82537 OCT'23 CITY RADIO CHARGES 177.48 Total : 177.48
59533 10/20/2023 01142 FRONTIER CALIFORNIA INC. 3101500013 10/6/23 OCT'23 CITY HALL IP CIRCUIT (MAIN) 449.78 140.98OCT'23 SENIOR CENTER FIOS SVCS3231591679 10/10/23 577.38OCT'23 PD FIOS SVCS3231609666 10/7/23
990.00OCT'23 LAZY CREEK DIA SERVICE9511970820 10/7/23
801.46OCT'23 PW YARD FIOS SVCS9516792323 10/6/23
68.19OCT'23 SENIOR CENTER FIRE ALARM9516798460 10/23/23 Total : 3,027.79
59534 10/20/2023 02078 FUN EXPRESS LLC 72673256703 CS SPECIAL EVENT SUPPLIES 1,863.82 376.81CS KCSC SUPPLIES72676565801
Total : 2,240.63
59535 10/20/2023 00278 GALLS, LLC 25797562 05019 PD UNIFORM 1,926.57 Total : 1,926.57
59536 10/20/2023 01322 GEOCON WEST INC 723090406 03770 AUG'23 MTRAL TSTNG SVCS ROMOLAND GRID RS 6,284.25 Total : 6,284.25
59537 10/20/2023 00908 GOSCH AUTO GROUP 1060117 PW STREETS VEHICLE MAINT 149.34 Total : 149.34
7Page:
Item Title: 10.2
Warrant Register
Item Page Number: 31
Menifee Mayor and City Council
November 15, 2023
Page
46 of 672
10/19/2023
Voucher List
City of Menifee
8 3:46:46PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59538 10/20/2023 02685 GOSCH FORD TEMECULA 4258 04760 PD VEHICLES 271,227.94 Total : 271,227.94
59539 10/20/2023 02623 GUTIERREZ, MARTIN 24-170B-A T&T ADV MARTIN G. CALIFORNIA AQUATIC MGM 461.27 Total : 461.27
59540 10/20/2023 02566 IMPERIAL SPRINKLER SUPPLY 12936260-001 IRRIGATION SUPPLIES LA LADERA 306.52
45.77IRRIGATION SUPPLIES LA LADERA12990127-001
286.14FACILITIES MAINT12990216-001
810.21AMR IRRIGATION SUPPLIES13051935-001
26.62SMALL TOOLS/FIELD EQUIP13052114-001
647.71LLMD ZONE 3 IRRIGATION REPAIRS13052159-001
151.23AMR IRRIGATION SUPPLIES13054357-001
204.22PARKS IRRIGATION SUPPLIES13063593-001
60.54PARKS IRRIGATION SUPPLIES13063635-001
430.96AMR IRRIGATION SUPPLIES13063662-001
153.89AMR IRRIGATION SUPPLIES13088346-001
Total : 3,123.81
59541 10/20/2023 00225 INT'L CITY MGMT ASSOC 1076596 23/24 ICMA MEMBERSHIP 200.00 200.00ICMA MEMBERSHIP1077939
1,200.00ICMA MEMBERSHIP DUES705676 23/24
Total : 1,600.00
59542 10/20/2023 01852 LANGUAGE LINE SERVICES, INC 11110628 04954 SEPT'23 COMPREHENSIVE INTERPRETATION 130.50 Total : 130.50
59543 10/20/2023 00128 LOWES 901218 -LVNIVZ FIRESTATION #68 FACILITY MAINT 88.09 446.24FIRESTATION #7 FACILITY MAINT918660 -LVWZQR
223.60FACILITY MAINT SUPPLIES977055 -LVGOTR
263.08FACILITY MAINT BANNER PARK SPLASH PAD981208 -LVIOTL
61.43FACILITY MAINT SUPPLIES990416 -LVNIWL
111.65VARIOUS MATERIALS/SUPPLIES996479 -LVWZRA
43.82CITY HALL MATERIALS/SUPPLIES996859 -LVWZRE
17.54FIRESTATION #7 FACILITY MAINT997008 -LVWZRG
Total : 1,255.45
8Page:
Item Title: 10.2
Warrant Register
Item Page Number: 32
Menifee Mayor and City Council
November 15, 2023
Page
47 of 672
10/19/2023
Voucher List
City of Menifee
9 3:46:46PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59544 10/20/2023 00872 MENIFEE CAR WASH COM-SEPT2023 SEPT'23 FLEET VEHICLE MAINT 48.19 Total : 48.19
59545 10/20/2023 00474 ISABEL CASILLAS 340100923D DEPOSIT REFUND OF KCSC PALM ROOM 388.00 Total : 388.00
59546 10/20/2023 00474 BROOKE NICOTERO 335101123D DEPOSIT REFUND RESERVATION OF LAZY CREEK 200.00 Total : 200.00
59547 10/20/2023 00474 KELLY BLUE 336101123D DEPOSIT REFUND FOR RESERVATION OF LAZY C 200.00 Total : 200.00
59548 10/20/2023 00474 SHELLY DUMA 338101023D DEPOSIT REFUND FOR KCSC PALM ROOM 200.00 Total : 200.00
59549 10/20/2023 00474 MANDY SHELTON 337101023D DEPOSIT REFUND FOR NORTH ANNEX MULTIPURP 100.00 Total : 100.00
59550 10/20/2023 00474 SIDDESH NELAMAKANAHALLY SIDDEG 339101023D DEPOSIT REFUND OF NORTH ANNEX ROOM 100.00 Total : 100.00
59551 10/20/2023 01776 MITCHELL, MARIANA 24-057A-A T&T ADV MARIANA M. MAINTENANCE MGMT SCHO 25.00 Total : 25.00
59552 10/20/2023 02664 OLD TOWN WISE RIDERS, INC, OLD TOWN TEMECULA H-D/BMW166096 OUTSOURCED FLEET REPAIRS 817.01 279.16OUTSOURCED FLEET REPAIRS166291
1,740.80OUTSOURCED FLEET REPAIRS166437
371.76OUTSOURCED FLEET REPAIRS166626
Total : 3,208.73
59553 10/20/2023 01130 O'REILLY AUTO PARTS 4746-442848 PD VEHICLE MAINT 194.73 -194.73PD VEH MAINT4746-442927
-22.00PW EQUIP MANIT4746-448776
194.73PD VEHICLE MAINT4746-467116
8.66PW STREET VEHICLE MAINT4746-469307
Total : 181.39
59554 10/20/2023 02744 PANERA BREAD COMPANY 60161023065063 05036 PANERA CATERING FOR FALL FESTIVAL EVENT 4,160.87 9Page:
Item Title: 10.2
Warrant Register
Item Page Number: 33
Menifee Mayor and City Council
November 15, 2023
Page
48 of 672
10/19/2023
Voucher List
City of Menifee
10 3:46:46PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 4,160.87 59554 10/20/2023 02744 02744 PANERA BREAD COMPANY 59555 10/20/2023 01096 PAPER RECYCLING & SHREDDING, SPECIALISTS INC.551092 CITY HALL DOC SHREDDING SVCS JUL'23 105.00 115.00CITY HALL DOC SHREDDING SVCS SEP'23555742
83.00CS SHREDDING SVCS557610
125.00CITY HALL DOC SHREDDING SVCS SEP'23557694
Total : 428.00
59556 10/20/2023 02693 PECH, GUSTAVO 24-057D-A T&T ADV GUSTAVO P. MAINTENANCE MGMT SCHO 25.00 Total : 25.00
59557 10/20/2023 01886 PECHANGA BAND OF LUISENO, MISSION INDIANS20124 04466 AUG'23 CIP 13-03 EXCAVATION/GRADING SVCS 1,374.23 Total : 1,374.23
59558 10/20/2023 02778 PLEASANT, ERIC J. 342101823P ENTERTAINMENT FOR ART-A-FAIRE EVENT 9/22 350.00 Total : 350.00
59559 10/20/2023 01464 POWELL, JOSEPH 24-057C-A T&T ADV JOSEPH P. MAINTENANCE MGMT SCHOO 25.00 Total : 25.00
59560 10/20/2023 02311 PROMO SHOP, INC. 252699 04869 CUSTOM APPAREL SVCS 401.86 04869 1,122.86CUSTOM APPAREL SERVICES FY23/24256276
Total : 1,524.72
59561 10/20/2023 01065 PRUDENTIAL OVERALL SUPPLY 23551602 FLEET PROFESSIONAL SVCS 38.48 252.51PW UNIFORM23554714
Total : 290.99
59562 10/20/2023 02714 SAN BERNARDINO COUNTY, SHERIFF EVOC23-10-004 PD TRAINING 200.00 Total : 200.00
59563 10/20/2023 01394 SOBEK, LESA 24-229-C T&T CLM LESA S. SAFE CREDIT UNION CONVEN 222.77 Total : 222.77
59564 10/20/2023 00046 SOUTHERN CALIFORNIA EDISON 700058132851 10/9/23 SEP'23 CFD 2015-2 ANNEX 12 TRAFFIC SIGNA 44.26
50.30SEP'23 NEWPORT BRIDGE LIGHT SVCS700088568320 10/9/23
37.14SEP'23 LLMD ZONE 167 SAFETY LIGHTS SVCS700225822815 10/9/23
12.50SEP'23 LLMD ZONE 167 SIGNAL SVCS700247913957 10/12/3 10Page:
Item Title: 10.2
Warrant Register
Item Page Number: 34
Menifee Mayor and City Council
November 15, 2023
Page
49 of 672
10/19/2023
Voucher List
City of Menifee
11 3:46:46PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 59564 10/20/2023 (Continued)00046 SOUTHERN CALIFORNIA EDISON 120.06SEP'23 CFD 2017-1 TOWN CENTER TRAFFIC SI700268849486 10/9/23
77.53SEP'23 CFD 2017-1 TOWN CENTER TRAFFIC SI700268863432 10/9/23
48.90SEP'23 CFD 2017-1 TOWN CENTER TRAFFIC SI700268894249 10/9/23 7,449.02SEP'23 FIRE STATIONS ELECTRICAL SVCS700449636167 9/27/23 333.47SEP'23 CITY SIGNAL SVCS700528318931 10/9/23
10,093.96AUG'23 CITY HALL ELECTRIC SVCS700578241393 9/20/23
85.55SEP'23 MCCALL TC-1 SIGNAL SVCS700589354664 10/9/23 113.12SEP'23 ANTELOPE RD TC-1 SGNL SVC700611879276 10/10/3 141.04SEP'23 SCOTT/MURRIETA RD TRAFFIC SIGNAL700647813231 10/9/23 237.39SEP'23 CFD 2015-2, ANNEX 11, ZONE 12 STR700709848872 10/10/3
21.85SEP'23 CIP21-07 TRAFFIC SIGNAL AT INTERS700757899339 10/10/3
85.85SEP'23 CIP-CITY PROJECT INSTALL TRAFFIC700765714408 10/10/3
35.43SEP'23 CIP 21-015 SIGNAL SVCS700816409335 10/9/23
26.30SEP'23 CIP 21-015 SIGNAL SVCS700816436011 10/9/23
Total : 19,013.67
59565 10/20/2023 00283 STATE OF CALIFORNIA, DEPARTMENT OF JUSTICE689538 SEPT'23 BLOOD ALCOHOL ANALYSIS 405.00 Total : 405.00
59566 10/20/2023 01010 STC TRAFFIC, INC. 6321 05093 JUL'23 FY24 ON-CALL TRAFFIC ENG/SUPPORT 720.00 Total : 720.00
59567 10/20/2023 01053 SUN CITY HARDWARE 6726777 10/2/23 CS SUPPLIES 1,606.96 Total : 1,606.96
59568 10/20/2023 01683 TOMMY'S EXPRESS CARWASH SEPT 1, 2023 PD SEPT'23 PD VEHICLE MAINTENANCE 1,218.00 Total : 1,218.00
59569 10/20/2023 02712 TURF TANK, INTELLIGENT MARKING USA 59006 04967 RENTAL OF THE TURF TANK ONE ROBOT MACHIN 11,962.50 Total : 11,962.50
59570 10/20/2023 00054 TYLER TECHNOLOGIES, INC, EDEN SYSTEMS DIVISION45-432574 05017 CASH DRAWER, SCANNER FOR ERP SOFTWARE SO 2,414.25 04556 4,800.00AUG'23 ERP FINANCIAL MGMT SOFTWARE SOLUT45-436019 04556 1,600.00SEP'23 ERP FINANCIAL MGMT SOFTWARE SOLUT45-438340 04556 4,800.00SEP'23 ERP FINANCIAL MGMT SOFTWARE SOLUT45-439176 04556 800.00SEP 25 '23 ERP FINANCIAL MGMT SOFTWARE S45-440243 11Page:
Item Title: 10.2
Warrant Register
Item Page Number: 35
Menifee Mayor and City Council
November 15, 2023
Page
50 of 672
10/19/2023
Voucher List
City of Menifee
12 3:46:46PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 14,414.25 59570 10/20/2023 00054 00054 TYLER TECHNOLOGIES, INC, EDEN SYSTEMS DIVISION 59571 10/20/2023 00270 WEST COAST LIGHTS & SIRENS INC 24938 04400 CE VEHICLE UPFITTING 5,414.63 04400
Total : 5,414.63
59572 10/20/2023 00372 ECONOMIC DEVEL. CORP., OF SOUTHWEST CALIFORNIA2023-24-2 EDC MEMBERSHIP 23/24 30,000.00 Total : 30,000.00
59573 10/20/2023 00474 ALL EVENT PARTY RENTALS 329101123P 05118 ED SPECIAL EVENT STATE OF CITY 2,984.00 Total : 2,984.00
Bank total : 3,077,934.83 100 Vouchers for bank code : uboc 3,077,934.83Total vouchers :Vouchers in this report 100 12Page:
Item Title: 10.2
Warrant Register
Item Page Number: 36
Menifee Mayor and City Council
November 15, 2023
Page
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Date Paid by: Payee Description Amount
10/13/2023 ACH/Checks City Payroll Payroll Period 9/23/2023 - 10/06/2023 1,095,424.88$ 10/13/2023 ACH Mission Square Payroll Period 9/23/2023 - 10/06/2023 89,960.23$ TOTAL PAYROLL: 1,185,385.11$
Date Paid by: Payee Description Amount
10/11/2023 ACH CALPERS - Medical Sep-23 341,086.97$
10/12/2023 ACH CALPERS - Retirement Payroll Period 8/12/2023-8/25/2023 154,531.31$ 10/12/2023 ACH CALPERS - Retirement Payroll Period 8/12/2023-8/25/2023 97,524.72$ TOTAL OTHER EFTs: 593,143.00$
TOTAL PAYMENTS: 1,778,528.11$
Payroll Register, Taxes and Other EFTs/Wires
City of Menifee
November 15, 2023
Item Title: 10.2
Warrant Register
Item Page Number: 37
Menifee Mayor and City Council
November 15, 2023
Page
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CITY OF MENIFEE
SUBJECT: Treasurer's Report
MEETING DATE: November 15, 2023
TO: Mayor and City Council
PREPARED BY: Ann-Marie Etienne, Finance Manager
REVIEWED BY: Travis Hickey, Chief Financial Officer
APPROVED BY: Rebekah Kramer, Acting City Manager
-------------------------------------------------------------------------------------------------------------------------------
RECOMMENDED ACTION
1. Receive and file the Treasurer’s Report as of September 30, 2023.
DISCUSSION
Attached is the signed Treasurer’s Report for Cash and Investments as of September 30, 2023.
Pursuant to the City’s adopted Investment Policy (CC-11), Section XVII Reporting, quarterly reporting with more detailed investment transactions over the preceding quarter is required. The September Treasurer’s Report includes quarterly investment detail for the City’s various investments for the period of July 2023 through September 2023.
STRATEGIC PLAN OBJECTIVE
Thriving Economy
FISCAL IMPACT
There is no fiscal impact associated with the recommended action.
ATTACHMENTS
1. Treasurer’s Report as of September 30, 2023
2. U.S. Bank Chandler Investment Statements July 2023
3. U.S. Bank Chandler Investment Statements August 2023
4. U.S. Bank Chandler Investment Statements September 2023
5. U.S. Bank Piper Sandler Investment Statements July 2023
6. U.S. Bank Piper Sandler Investment Statements August 2023 Item Title: 10.3
Treasurer's Report
Item Page Number: 1
Menifee Mayor and City Council
November 15, 2023
Page
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City of Menifee Staff Report
Treasurer's Report
November 15, 2023
1 9
0 5
7. U.S. Bank Piper Sandler Investment Statements September 2023
8. LAIF Investment Statements July 2023
9. LAIF Investment Statements August 2023
10. LAIF Investment Statements September 2023
Item Title: 10.3
Treasurer's Report
Item Page Number: 2
Menifee Mayor and City Council
November 15, 2023
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Item Title: 10.3
Treasurer's Report
Item Page Number: 3
Menifee Mayor and City Council
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Page
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18827
00- -M -UC-UU -213-04
0220052-00-04007-04
QUESTIONS? ACCOUNT NUMBER:
If you have any questions regarding your account or this statement, please contact your Administrator. CITY OF MENIFEE
KATHERINE ARTISHON
EP-MN-WS4E
60 LIVINGSTON AVE.
ST PAUL MN 55107
E-mail [email protected]
Portfolio Manager:
TS PRT RC #1 - AUTO
CN-OH-W6TC
This statement is for the period from July 1, 2023 to July 31, 2023 000015137 05 SP
CITY OF MENIFEE
000638527133260 S
FINANCE DEPARTMENT
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
Treasurer's Report
Item Page Number: 4
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Item Title: 10.3
Treasurer's Report
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18827
00- -M -UC-UU -213-04
0220052-00-04007-04
TABLE OF CONTENTS
Schedule Page
Market Value Summary ........................................................................................
Asset Summary ....................................................................................................
Income Summary ..................................................................................................
Cash Summary .....................................................................................................
Asset Detail ...........................................................................................................
Transaction Detail .................................................................................................
Sale/Maturity Summary .........................................................................................
Bond Summary ..................................................................................................... 1 2
3 4
5 23
32 37
Item Title: 10.3
Treasurer's Report
Item Page Number: 6
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Item Title: 10.3
Treasurer's Report
Item Page Number: 7
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18827
00- -M -UC-UU -213-04
0220052-00-04007-04
CITY OF MENIFEE Page 1 of 38
ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
MARKET VALUE SUMMARY
Current Period
07/01/23 to 07/31/23
Beginning Market Value $10,592,461.67
Taxable Interest 32,027.42
1,099.26
100.21
Long Term Gains/Losses
Short Term Gains/Losses
Change in Investment Value 9,462.68
Ending Market Value $10,635,151.24
Item Title: 10.3
Treasurer's Report
Item Page Number: 8
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET SUMMARY
Current Period
Market Value
% of
Total
Estimated
Annual IncomeAssets
Cash & Equivalents
Taxable Bonds
57,443.82 0.50 2,974.96
10,577,707.42 99.50 330,713.39
Total Market Value $10,635,151.24 100.00 $333,688.35
Item Title: 10.3
Treasurer's Report
Item Page Number: 9
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
INCOME SUMMARY
Income Received
Current Period
Taxable Interest 32,027.42
Total Current Period Income $32,027.42
Item Title: 10.3
Treasurer's Report
Item Page Number: 10
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
CASH SUMMARY
Cash
$0.00Beginning Cash 07/01/2023
Taxable Interest
Purchases
32,027.42
-99,889.00
72,719.75
-4,858.17
Sales
Net Money Market Activity
Ending Cash 07/31/2023 $0.00
Item Title: 10.3
Treasurer's Report
Item Page Number: 11
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Cash & Equivalents
Cash/Money Market
Federated Hermes Govt Obligs Is - 60934N104
#5
57,443.820 1.0000 57,443.82 57,443.82 0.00 0.5 2,974.96 5.18 Total Cash/Money Market $57,443.82 $57,443.82 $0.00 0.5 $2,974.96 Total Cash & Equivalents $57,443.82 $57,443.82 $0.00 0.5 $2,974.96 Taxable Bonds
US Government Issues
F H L B Gtd R E M I C Pass Thru - 3137BFE98
C M O Ser K041 Cl A2
3.171 10/25/2024
35,000.000 97.2190
94.7190
91.5380
90.9820
34,026.65
75,775.20
73,230.40
68,236.50
37,649.61
79,938.40
79,736.00
74,777.85
-3,622.96
-4,163.20
-6,505.60
-6,541.35
0.3 0.7
0.7 0.6
1,109.85
1,200.00
300.00
3.26 1.58
0.41 0.41
F H L M C - 3137EAEP0
1.500 02/12/2025
80,000.000
F H L M C M T N - 3137EAEU9
0.375 07/21/2025
80,000.000
F H L M C M T N - 3137EAEX3
0.375 09/23/2025
75,000.000 281.25
F H L M C Multiclass Mtg Partn - 3137BEVH4
C M O Ser K040 Cl A2
3.241 09/25/2024
15,000.000 97.4240 14,613.60 15,792.19 -1,178.59 0.1 486.15 3.33 Item Title: 10.3
Treasurer's Report
Item Page Number: 12
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November 15, 2023
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CITY OF MENIFEE Page 6 of 38
ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield F H L M C Multiclass Mtg Partn - 3137BFXT3
C M O Ser K042 Cl A2
2.670 12/25/2024
15,000.000 96.3910
96.6440
96.4940
96.3050
95.3070
94.9730
93.6760
93.5770
14,458.65
33,825.40
57,896.40
24,076.25
119,133.75
66,481.10
112,411.20
116,971.25
15,140.63
35,973.44
63,807.81
26,792.97
121,166.99
67,000.39
116,042.97
118,955.08
-681.98
-2,148.04
-5,911.41
-2,716.72
-2,033.24
-519.29
0.1 0.3
0.5 0.2
1.1 0.6
1.1 1.1
400.50
1,165.15
1,970.40
833.50
2.77 3.44
3.40 3.46
3.14 2.89
2.69 2.83
F H L M C Multiclass Mtg Partn - 3137BKRJ1
C M O Ser K047 Cl A2
3.329 05/25/2025
35,000.000
F H L M C Multiclass Mtg Partn - 3137BLAC2
C M O Ser K048 Cl A2
06/25/2025 Var
60,000.000
F H L M C Multiclass Mtg Partn - 3137BLW95
C M O Ser K050 Cl A2
08/25/2025 Var
25,000.000
F H L M C Multiclass Mtg Partn - 3137BN6G4
C M O Ser K053 Cl A2
2.995 12/25/2025
125,000.000 3,743.75
1,921.50
3,030.00
3,316.25
F H L M C Multiclass Mtg Partn - 3137BNGT5
C M O Ser K054 Cl A2
2.745 01/25/2026
70,000.000
F H L M C Multiclass Mtg Partn - 3137BQYS0
C M O Ser K056 Cl A2
2.525 05/25/2026
120,000.000 -3,631.77
-1,983.83
F H L M C Multiclass Mtg Partn - 3137BSP72
C M O Ser K058 Cl A2
2.653 08/25/2026
125,000.000
Item Title: 10.3
Treasurer's Report
Item Page Number: 13
Menifee Mayor and City Council
November 15, 2023
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CITY OF MENIFEE Page 7 of 38
ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield F H L M C Multiclass Mtg Partn - 3137BUX60
C M O Ser K062 Cl A2
3.413 12/25/2026
70,000.000 95.3070
95.3300
94.2540
97.6210
66,714.90
66,731.00
28,276.20
18,833.12
67,716.80
67,711.33
28,566.80
19,629.71
-1,001.90
-980.33
-290.60
-796.59
0.6 0.6
0.3 0.2
2,389.10
2,401.00
990.90
3.58 3.60
3.50 3.14
F H L M C Multiclass Mtg Partn - 3137BVZ82
C M O Ser K063 Cl A2
01/25/2027 Var
70,000.000
F H L M C Multiclass Mtg Partn - 3137FCJK1
C M O Ser K070 Cl A2
11/25/2027 Var
30,000.000
F H L M C Multiclass Mtg Partn - 3137FBTA4
C M O Ser K728 Cl A2
08/25/2024 Var
19,292.080 591.11
F H L M C Multiclass Mtg Partn - 3137FQXJ7
C M O Ser K737 Cl A2
2.525 10/25/2026
125,000.000 93.0340
91.1830
92.0300
90.7570
95.1240
116,292.50
68,387.25
64,421.00
58,992.05
61,830.60
117,695.31
74,807.25
69,954.40
64,767.30
66,319.45
-1,402.81
-6,420.00
-5,533.40
-5,775.25
-4,488.85
1.1 0.6
0.6 0.6
0.6 3,156.25
281.25
2.71 0.41
0.54 0.55
1.71 F N M A - 3135G05X7
0.375 08/25/2025
75,000.000
F N M A - 3135G04Z3
0.500 06/17/2025
70,000.000 350.00
F N M A - 3135G06G3
0.500 11/07/2025
65,000.000 325.00
F N M A - 3135G0X24
1.625 01/07/2025
65,000.000 1,056.25
Item Title: 10.3
Treasurer's Report
Item Page Number: 14
Menifee Mayor and City Council
November 15, 2023
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CITY OF MENIFEE Page 8 of 38
ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield F N M A - 3135G0W66
1.625 10/15/2024
70,000.000
10,000.000
65,000.000
95.7140
99.7220
92.6980
95.1930
97.9570
98.2910
98.4750
99.0000
95.7040
97.8320
66,999.80
9,972.20
69,880.30
9,959.00
-2,880.50
13.20 0.6
0.1 0.6
2.0 1.9
1.4 1.3
2.0 0.3
0.7 1,137.50
287.50
1.70 2.88
0.67 1.84
3.96 3.94
4.44 4.67
2.48 2.94
F N M A - 3135G0U43
2.875 09/12/2023
F N M A Deb - 3135G03U5
0.625 04/22/2025
60,253.70
209,424.60
205,709.70
147,436.50
132,941.25
207,900.00
33,496.40
78,265.60
64,866.10
209,231.00
209,202.00
150,753.00
134,434.35
210,676.20
37,003.05
83,460.80
-4,612.40
193.60
406.25
Federal Farm Credit Bks - 3133ENPG9
1.750 02/14/2025
220,000.000 3,850.00
8,137.50
5,812.50
5,906.25
9,712.50
831.25
Federal Farm Credit Bks - 3133EN7J3
3.875 02/02/2026
210,000.000 -3,492.30
-3,316.50
-1,493.10
-2,776.20
-3,506.65
-5,195.20
Federal Farm Credit Bks - 3133EPGW9
3.875 04/25/2028
150,000.000
Federal Farm Credit Bks - 3133ENS43
4.375 10/17/2024
135,000.000
Federal Farm Credit Bks - 3133EN3M0
4.625 12/05/2024
210,000.000
Federal Home Loan Bks - 3130A4CH3
2.375 03/14/2025
35,000.000
Federal Home Loan Bks - 3130A1XJ2
2.875 06/14/2024
80,000.000 2,300.00
Item Title: 10.3
Treasurer's Report
Item Page Number: 15
Menifee Mayor and City Council
November 15, 2023
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CITY OF MENIFEE Page 9 of 38
ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Federal Home Loan Bks - 3130A2UW4
2.875 09/13/2024
210,000.000 97.2780
99.7600
99.2800
99.1700
100.4140
99.1430
99.6390
99.6050
95.6210
90.7890
204,283.80
4,988.00
209,960.10
5,065.65
-5,676.30
-77.65
1.9 0.0
0.6 1.9
1.8 2.0
1.4 2.0
0.7 0.6
6,037.50
168.75
2.95 3.38
3.40 4.29
4.48 4.66
4.77 4.89
3.27 0.27
Federal Home Loan Bks - 313383YJ4
3.375 09/08/2023
5,000.000
Federal Home Loan Bks - 3130A0F70
3.375 12/08/2023
65,000.000 64,532.00
198,340.00
190,786.60
208,200.30
149,458.50
209,170.50
76,496.80
63,552.30
66,897.35
204,274.00
196,165.50
210,808.50
149,694.00
210,751.80
79,083.21
68,476.95
-2,365.35
-5,934.00
-5,378.90
-2,608.20
-235.50
2,193.75
8,500.00
8,550.00
9,712.50
7,125.00
10,237.50
2,500.00
175.00
Federal Home Loan Bks - 3130ATUS4
4.250 12/10/2027
200,000.000
Federal Home Loan Bks - 3130ATS57
4.500 03/10/2028
190,000.000
Federal Home Loan Bks - 3130ATUR6
4.625 12/13/2024
210,000.000
Federal Home Loan Bks - 3130ATUQ8
4.750 03/08/2024
150,000.000
Federal Home Loan Bks - 3130ATVC8
4.875 06/14/2024
210,000.000 -1,581.30
-2,586.41
-4,924.65
U S Treasury Note - 91282CFH9
08/31/2027
80,000.000
70,000.000
U S Treasury Note - 91282CAM3
0.250 09/30/2025
Item Title: 10.3
Treasurer's Report
Item Page Number: 16
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November 15, 2023
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CITY OF MENIFEE Page 10 of 38
ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield U S Treasury Note - 91282CAT8
0.250 10/31/2025
75,000.000
70,000.000
120,000.000
200,000.000
60,000.000
220,000.000
200,000.000
65,000.000
75,000.000
75,000.000
90.4690
90.4810
89.6090
91.5390
94.8130
92.5820
93.0630
96.3480
96.9650
94.8590
67,851.75
63,336.70
107,530.80
183,078.00
56,887.80
203,680.40
186,126.00
62,626.20
72,723.75
71,144.25
73,986.33
68,744.92
118,806.25
184,765.63
58,392.18
206,860.16
188,710.94
66,470.12
78,325.20
72,123.05
-6,134.58
-5,408.22
-11,275.45
-1,687.63
-1,504.38
-3,179.76
-2,584.94
-3,843.92
-5,601.45
-978.80
0.6 0.6
1.0 1.7
0.5 1.9
1.8 0.6
0.7 0.7
187.50
262.50
0.28 0.41
0.98 1.77
1.85 2.16
2.42 2.33
2.45 2.63
U S Treasury Note - 91282CAZ4
0.375 11/30/2025
U S Treasury Note - 91282CCZ2
0.875 09/30/2026
1,050.00
3,250.00
1,050.00
4,400.00
4,500.00
1,462.50
1,781.25
1,875.00
U S Treasury Note - 912828YQ7
1.625 10/31/2026
U S Treasury Note - 91282CED9
1.750 03/15/2025
U S Treasury Note - 912828U24
2.000 11/15/2026
U S Treasury Note - 912828V98
2.250 02/15/2027
U S Treasury Note - 9128283D0
2.250 10/31/2024
U S Treasury Note - 912828D56
2.375 08/15/2024
U S Treasury Note - 9128286F2
2.500 02/28/2026
Item Title: 10.3
Treasurer's Report
Item Page Number: 17
Menifee Mayor and City Council
November 15, 2023
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CITY OF MENIFEE Page 11 of 38
ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield U S Treasury Note - 912828WJ5
2.500 05/15/2024
210,000.000
75,000.000
75,000.000
15,000.000
220,000.000
215,000.000
215,000.000
215,000.000
220,000.000
200,000.000
97.7580
98.5860
96.1560
94.2930
96.4410
96.1680
96.9960
97.6090
98.3710
99.3440
205,291.80
73,939.50
72,117.00
14,143.95
212,170.20
206,761.20
208,541.40
209,859.35
216,416.20
198,688.00
203,855.86
76,482.42
72,902.34
14,745.70
214,345.31
213,216.60
210,498.44
211,951.37
220,042.97
202,359.38
1,435.94
-2,542.92
-785.34
1.9 0.7
0.7 0.1
2.0 1.9
2.0 2.0
2.0 1.9
5,250.00
2,062.50
2,062.50
412.50
2.56 2.79
2.86 2.92
3.11 3.38
3.61 3.71
4.07 4.15
U S Treasury Note - 912828B66
2.750 02/15/2024
U S Treasury Note - 91282CEQ0
2.750 05/15/2025
U S Treasury Note - 91282CFB2
2.750 07/31/2027
-601.75
U S Treasury Note - 91282CEY3
3.000 07/15/2025
-2,175.11
-6,455.40
-1,957.04
-2,092.02
-3,626.77
-3,671.38
6,600.00
6,987.50
7,525.00
7,793.75
8,800.00
8,250.00
U S Treasury Note - 91282CEW7
3.250 06/30/2027
U S Treasury Note - 91282CHA2
3.500 04/30/2028
U S Treasury Note - 91282CHE4
3.625 05/31/2028
U S Treasury Note - 91282CGA3
4.000 12/15/2025
U S Treasury Note - 91282CFM8
4.125 09/30/2027
Item Title: 10.3
Treasurer's Report
Item Page Number: 18
Menifee Mayor and City Council
November 15, 2023
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CITY OF MENIFEE Page 12 of 38
ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield U S Treasury Note - 91282CFU0
4.125 10/31/2027
200,000.000 99.3630 198,726.00 202,382.81 -3,656.81 1.9 8,250.00 4.15 Total US Government Issues $6,775,463.77 $6,970,553.52 -$195,089.75 63.7 $208,692.91 Corporate Issues
Ace Ina Holding - 00440EAS6
3.150 03/15/2025
50,000.000 96.6430
90.2960
48,321.50
54,177.60
51,448.00
59,740.80
-3,126.50
-5,563.20
0.5 0.5
1,575.00
600.00
3.26 1.11
Amazon Com Inc - 023135BX3
1.000 05/12/2026
60,000.000
American Honda Fin Corp - 02665WED9
Medium Term Note
4.700 01/12/2028
130,000.000 99.2090
92.4800
96.4760
128,971.70
23,120.00
96,476.00
131,033.50
25,621.00
96,949.00
-2,061.80
-2,501.00
-473.00
1.2 0.2
0.9 6,110.00
512.50
4.74 2.22
3.37 Apple Inc - 037833DN7
2.050 09/11/2026
25,000.000
Apple Inc - 037833BY5
3.250 02/23/2026
100,000.000 3,250.00
Bank Amer Corp Sr - 06051GJD2
Medium Term Note
06/19/2026 Var
40,000.000
30,000.000
91.8670
98.9290
36,746.80
29,678.70
40,105.60
30,000.00
-3,358.80
-321.30
0.3 0.3
527.60 1.44
5.13 Bank America Corp - 06051GLE7
Medium Term Note
5.080 01/20/2027
1,524.00
Item Title: 10.3
Treasurer's Report
Item Page Number: 19
Menifee Mayor and City Council
November 15, 2023
Page
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CITY OF MENIFEE Page 13 of 38
ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Bank Of America Corp - 06051GHT9
Medium Term Note
3.559 04/23/2027
25,000.000 94.9160 23,729.00 24,223.45 -494.45 0.2 889.75 3.75 Bank Of America Corp - 06051GGF0
Medium Term Note
3.824 01/20/2028
75,000.000 94.4820
93.0220
70,861.50
41,859.90
71,563.50
44,991.45
-702.00 0.7
0.4 2,868.00
1,035.00
4.05 2.47
Berkshire Hathaway Fin - 084664CZ2
2.300 03/15/2027
45,000.000 -3,131.55
Bmw Veh Owner Tr - 05602RAD3
A B S Ser 2022 A Cl A 3
08/25/2026 Var
15,000.000 97.4840 14,622.60 14,999.22 -376.62 0.1 481.50 3.29 Bmw Vehicle Lease - 05593AAC3
A B S Ser 2023 1 Cl A 3
5.160 11/25/2025
110,000.000 99.4120
99.0300
109,353.20
3,543.78
110,198.98
3,578.12
-845.78
-34.34
1.0 0.0
5,676.00
11.81 5.19
0.33 Bmw Vehicle Lease Trust - 09690AAC7
0.330 12/26/2024
3,578.490
Bmw Vehicle Lease Trust 2022 1 - 05601XAC3
A B S Ser 2022 1 Cl A3
03/25/2025 Var
7,214.180
45,000.000
80,000.000
98.4940
96.1210
99.8250
7,105.53
43,254.45
79,860.00
7,213.10
45,481.50
79,988.80
-107.57
-2,227.05
-128.80
0.1 0.4
0.8 79.36
967.50
1.12 2.24
4.81 Caterpillar Finl Service - 14913Q3B3
Medium Term Note
2.150 11/08/2024
Caterpillar Finl Svcs - 14913R3B1
Medium Term Note
4.800 01/06/2026
3,840.00
Item Title: 10.3
Treasurer's Report
Item Page Number: 20
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November 15, 2023
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Charles Schwab Corp - 808513BY0
2.450 03/03/2027
25,000.000
85,000.000
90.3190
91.4950
94.7200
22,579.75
77,770.75
18,944.00
24,991.70
80,783.15
19,535.80
-2,411.95
-3,012.40
-591.80
0.2 0.7
0.2 612.50
2,720.00
600.00
2.71 3.50
3.17 Charles Schwab Corp - 808513AU9
3.200 01/25/2028
Costco Wholesale Corp - 22160KAM7
3.000 05/18/2027
20,000.000
Deere John Capital Corp - 24422EWJ4
Medium Term Note
4.050 09/08/2025
70,000.000 97.8020
94.2820
68,461.40
32,998.70
69,267.10
36,755.95
-805.70 0.6
0.3 2,835.00
1,032.50
4.14 3.13
Duke Energy Carolinas - 26442CAS3
2.950 12/01/2026
35,000.000 -3,757.25
Gm Fin Auto Lsng Tr - 36262XAC8
A B S Ser 2021 3 Cl A 3
10/21/2024 Var
13,282.630
25,000.000
98.8600
98.4060
95.7800
95.8830
13,131.21
24,601.50
9,578.00
9,264.24
13,282.44
24,999.79
9,999.13
9,661.79
-151.23
-398.29
-421.13
-397.55
0.1 0.2
0.1 0.1
51.80 475.00
126.00
65.70 0.39
1.93 1.32
0.71 Gm Fin Auto Lsng Tr - 36265MAC9
A B S Ser 2022 1 Cl A 3
1.900 03/20/2025
Gm Fin Cons Auto Rec - 380146AC4
A B S Ser 2022 1 Cl A3
1.260 11/16/2026
10,000.000
Gm Fin Cons Auto Rec Tr - 362554AC1
A B S Ser 2021 4 Cl A 3
0.680 09/16/2026
9,662.030
Item Title: 10.3
Treasurer's Report
Item Page Number: 21
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November 15, 2023
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Honda Auto Rec Ownr Tr - 43815BAC4
A B S Ser 2022 1 Cl A 3
1.880 05/15/2026
95,000.000 95.9000
96.3360
97.9460
99.6600
91,105.00
9,391.82
7,064.41
549.52
91,381.76
9,746.96
7,212.43
551.35
-276.76
-355.14
-148.02
-1.83
0.9 0.1
0.1 0.0
1,786.00
85.79 19.47
4.52 1.96
0.91 0.28
0.82 Honda Auto Rec Ownr Tr 2021 4 - 43815GAC3
A B S Ser 2021 4 Cl A3
01/21/2026 Var
9,749.020
Honda Auto Receivables - 43813GAC5
A B S Ser 2021 1 Cl A3
0.270 04/21/2025
7,212.560
Honda Auto Receivables Owner - 43813DAC2
A B S Ser 2020 2 Cl A3
0.820 07/15/2024
551.390
Honda Auto Receivables Owner - 43813KAC6
A B S Ser 2020 3 Cl A3
0.370 10/18/2024
3,832.650 98.7930
93.4790
3,786.39 3,832.09 -45.70 0.0
1.2 14.18 0.37
2.67 Honeywell International - 438516BL9
2.500 11/01/2026
140,000.000 130,870.60 131,150.60 -280.00 3,500.00
Hyundai Auto Rec Tr - 44935FAD6
A B S Ser 2021 C Cl A3
0.740 05/15/2026
19,556.880 96.3680
96.4150
18,846.57
24,103.75
19,276.63
24,999.04
-430.06
-895.29
0.2 0.2
144.72
555.00
0.77 2.30
Hyundai Auto Rec Tr - 448977AD0
A B S Ser 2022 A Cl A3
10/15/2026 Var
25,000.000
Item Title: 10.3
Treasurer's Report
Item Page Number: 22
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November 15, 2023
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield John Deere Capital Corp - 24422EVN6
Medium Term Note
0.450 01/17/2024
50,000.000 97.7440
96.0320
99.1740
99.4440
96.5510
99.1430
48,872.00
11,912.91
24,793.50
697.77
49,964.50
12,404.04
24,998.06
701.56
-1,092.50
-491.13
-204.56
-3.79
0.5 0.1
0.2 0.0
0.1 0.2
225.00
64.51 0.46
0.54 5.13
0.51 2.40
5.05 John Deere Own - 47789QAC4
A B S Ser 2021 B Cl A 3
03/16/2026 Var
12,405.150
25,000.000
701.670
John Deere Owner - 47800BAC2
A B S Ser 2022 C Cl A 3
5.090 06/15/2027
1,272.50
3.58 John Deere Owner Tr - 47787NAC3
A B S Ser 2020 B Cl A3
11/15/2024 Var
John Deere Owner Tr - 47787JAC2
A B S Ser 2022 Cl A 3
09/15/2026 Var
10,000.000 9,655.10
19,828.60
9,997.79
19,996.36
-342.69
-167.76
232.00
1,002.00
John Deere Owner Trust - 47800CAC0
A B S Ser 2023 A Cl A3
5.010 11/15/2027
20,000.000
John Deere Ownr Tr - 47800AAC4
A B S Ser 2022 B Cl A3
02/16/2027 Var
15,000.000
70,000.000
40,000.000
97.2960
94.7860
95.6520
14,594.40
66,350.20
38,260.80
14,998.57
67,053.70
40,048.60
-404.17
-703.50
0.1 0.6
0.4 561.00
2,647.40
329.60
3.84 3.99
0.86 Jpmorgan Chase Co - 46625HRY8
02/01/2028 Var
Jpmorgan Chase Co - 46647PCH7
0.824 06/01/2025
-1,787.80
Item Title: 10.3
Treasurer's Report
Item Page Number: 23
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November 15, 2023
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Jpmorgan Chase Co - 46647PCK0
0.969 06/23/2025
20,000.000
12,000.000
35,000.000
95.4900
94.0420
95.3080
19,098.00
11,285.04
33,357.80
20,015.45
12,447.96
36,067.15
-917.45
-1,162.92
-2,709.35
0.2 0.1
0.3 193.80
249.96
700.00
1.01 2.21
2.10 Jpmorgan Chase Co - 46647PBK1
2.083 04/22/2026
Mastercard Inc - 57636QAN4
2.000 03/03/2025
Mercedes Benz Auto - 58770AAC7
A B S Ser 2023 1 Cl A3
4.510 11/15/2027
35,000.000
130,000.000
125,000.000
100,000.000
98.3930
98.3650
96.4430
98.9980
34,437.55
127,874.50
120,553.75
98,998.00
34,995.80
130,394.70
120,882.50
100,170.55
-558.25
-2,520.20
-328.75
0.3 1.2
1.1 0.9
1,578.50
5,265.00
3,906.25
5,050.00
4.58 4.12
3.24 5.10
Merck Co Inc - 58933YBH7
4.050 05/17/2028
Microsoft Corp - 594918BJ2
3.125 11/03/2025
Morgan Stanley - 61747YEZ4
5.050 01/28/2027
-1,172.55
Morgan Stanley Fr - 6174468Q5
Medium Term Note
2.188 04/28/2026
35,000.000 94.0870
96.3880
32,930.45
9,638.80
33,013.20
9,997.30
-82.75 0.3
0.1 765.80
345.00
2.33 3.58
National Rural Utils Coop Fin - 63743HFE7
Medium Term Note
3.450 06/15/2025
10,000.000 -358.50
Item Title: 10.3
Treasurer's Report
Item Page Number: 24
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November 15, 2023
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield National Rural Utils Corp Fin - 63743HFH0
Medium Term Note
4.450 03/13/2026
70,000.000 98.9380
96.6650
69,256.60
14,499.75
69,950.30
14,975.70
-693.70
-475.95
0.7 0.1
3,115.00
600.00
4.50 4.14
Northern Tr Corp Sr Nt - 665859AW4
4.000 05/10/2027
15,000.000
Paccar Financial Corp - 69371RR73
Medium Term Note
2.850 04/07/2025
35,000.000 96.1020 33,635.70 34,990.90 -1,355.20 0.3 997.50 2.97 Paccar Financial Corp - 69371RS31
Medium Term Note
4.600 01/10/2028
100,000.000 99.6750
96.0450
98.2520
97.3340
95.1630
95.5340
96.8030
99,675.00
124,858.50
132,640.20
19,466.80
95,163.00
38,213.60
19,360.60
99,515.00
124,989.80
134,947.35
19,714.00
97,097.00
39,628.55
19,990.00
160.00
-131.30
0.9 1.2
1.2 0.2
0.9 0.4
0.2 4,600.00
3,575.00
6,423.30
775.00
4.61 2.86
4.84 3.98
4.15 0.65
0.77 Pepsico Inc - 713448CT3
2.750 04/30/2025
130,000.000
Pnc Financial Services - 693475BL8
4.758 01/26/2027
135,000.000 -2,307.15
-247.20
Reality Income Corp - 756109AV6
3.875 04/15/2025
20,000.000
100,000.000
40,000.000
Realty Income Corp - 756109BG8
3.950 08/15/2027
-1,934.00
-1,414.95
-629.40
3,950.00
250.00
Salesforce Com Inc - 79466LAG9
0.625 07/15/2024
Schwab Charles Corp - 808513BN4
0.750 03/18/2024
20,000.000 150.00
Item Title: 10.3
Treasurer's Report
Item Page Number: 25
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November 15, 2023
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CITY OF MENIFEE Page 19 of 38
ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Target Corp - 87612EBM7
1.950 01/15/2027
20,000.000 91.7910 18,358.20 19,966.00 -1,607.80
-1,437.60
1,475.27
-257.48
0.2 0.4
0.7 0.2
0.0 0.1
0.3 0.3
390.00
1,643.20
520.28
940.00
8.42 2.12
4.28 0.74
3.86 0.35
0.26 1.25
1.53 Toronto Dominion Bank - 89115A2C5
Medium Term Note
4.108 06/08/2027
40,000.000 96.0710
96.1890
97.3060
99.1020
98.0350
89.8810
94.7030
38,428.40
70,486.77
24,326.50
2,384.66
39,866.00
69,011.50
24,583.98
2,405.82
Toyota Auto Rec Own Tr - 89238JAC9
A B S Ser 2021 D Cl A 3
04/15/2026 Var
73,279.450
Toyota Auto Rec Own Tr - 89231CAD9
A B S Ser 2022 C Cl A 3
3.760 04/15/2027
25,000.000
Toyota Auto Receivables - 89236XAC0
A B S Ser 2020 D Cl A3
0.350 01/15/2025
2,406.270 -21.16
Toyota Auto Recv Tr - 89240BAC2
A B S Ser 2021 A Cl A3
05/15/2025 Var
12,605.480
40,000.000
30,000.000
12,357.78
35,952.40
28,410.90
12,603.13
39,982.40
29,959.80
-245.35 32.77
Toyota Mtr Cr Corp - 89236TJK2
Medium Term Note
1.125 06/18/2026
-4,030.00
-1,548.90
450.00
435.00
Toyota Mtr Cr Corp - 89236TJT3
Medium Term Note
1.450 01/13/2025
Item Title: 10.3
Treasurer's Report
Item Page Number: 26
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November 15, 2023
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CITY OF MENIFEE Page 20 of 38
ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Toyota Mtr Cr Corp - 89236TKQ7
Medium Term Note
4.625 01/12/2028
80,000.000 99.6420 79,713.60 79,947.20 -233.60 0.7 3,700.00 4.64 Truist Finl Corp - 89788MAA0
Medium Term Note
1.200 08/05/2025
30,000.000 91.3850
90.5310
27,415.50
36,212.40
29,341.20
39,563.60
-1,925.70
-3,351.20
0.3 0.3
360.00
460.00
1.31 1.27
Unitedhealth Group Inc - 91324PEC2
1.150 05/15/2026
40,000.000
Verizon Master Tr - 92348KAV5
A B S Ser 2022 5 Cl A 1A
07/20/2027 Var
15,000.000 99.0450
95.8460
14,856.75
95,846.00
2,172.00
14,999.34
93,609.37
2,183.05
-142.59
2,236.63
-11.05
0.1 0.9
0.0 558.00
500.00
10.26 3.76
0.52 Verizon Master Trust - 92348KAA1
A B S Ser 2021 1 Cl A
0.500 05/20/2027
100,000.000
Verizon Owner Trust - 92290BAA9
A B S Ser 2020 B Cl A1a
02/20/2025 Var
2,183.510 99.4730
89.6030
0.47 1.17
Walmart Inc - 931142ER0
1.050 09/17/2026
10,000.000 8,960.30 9,981.10 -1,020.80 0.1 105.00
Total Corporate Issues $3,240,520.95 $3,316,513.61 -$75,992.66 30.5 $103,516.83 Item Title: 10.3
Treasurer's Report
Item Page Number: 27
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November 15, 2023
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description
Foreign Issues
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost Bank Montreal Que - 06368D3S1
Medium Term Note
3.700 06/07/2025
75,000.000
40,000.000
96.7900
88.6880
72,592.50
35,475.20
73,120.50
39,951.60
-528.00 0.7
0.3 2,775.00
500.00
3.82 1.41
Bank Of Montreal - 06368FAC3
Medium Term Note
1.250 09/15/2026
-4,476.40
Inter American Devel Bk - 4581X0DV7
Medium Term Note
0.875 04/20/2026
75,000.000 90.4060
90.8900
67,804.50
68,167.50
74,656.50
74,670.05
-6,852.00
-6,502.55
0.6 0.6
656.25
375.00
0.97 0.55
International Bank M T N - 459058JL8
0.500 10/28/2025
75,000.000
International Finance Corp - 45950KDD9
Medium Term Note
4.500 07/13/2028
100,000.000 100.7380
97.0290
96.4590
98.8480
100,738.00
38,811.60
19,291.80
79,078.40
99,889.00
40,598.00
19,992.60
79,957.60
849.00
-1,786.40
-700.80
0.9 0.4
0.2 0.7
4,500.00
1,020.00
675.00
4.47 2.63
3.50 4.96
Royal Bank Of Canada - 78013XZU5
Medium Term Note
2.550 7/16/2024
40,000.000
Royal Bk Cda - 78016EZ59
Medium Term Note
3.375 04/14/2025
20,000.000
80,000.000
Royal Bk Cda - 78016FZW7
Medium Term Note
4.900 01/12/2028
-879.20 3,920.00
Item Title: 10.3
Treasurer's Report
Item Page Number: 28
Menifee Mayor and City Council
November 15, 2023
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CITY OF MENIFEE Page 22 of 38
ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Toronto Dominion Bank - 89115A2K7
Medium Term Note
5.103 01/09/2026
80,000.000 99.7040 79,763.20 79,890.40 -127.20 0.7 4,082.40 5.12 Total Foreign Issues $561,722.70 $582,726.25 -$21,003.55 5.3 $18,503.65 Total Taxable Bonds $10,577,707.42
$10,635,151.24
$10,869,793.38
$10,927,237.20
-$292,085.96
-$292,085.96
99.5 $330,713.39
$333,688.35Total Assets 100.0
Estimated Current Yield 3.13
ASSET DETAIL MESSAGES
Time of trade execution and trading party (if not disclosed) will be provided upon request.
Publicly traded assets are valued in accordance with market quotations or valuation methodologies from financial industry services believed by us to be reliable. Assets that are not publicly traded may be reflected at values from other external sources. Assets for which a current value is not available may be reflected at a previous value or as not valued, at par value, or at a nominal value. Values shown do not necessarily reflect prices at which assets could be bought or sold. Values are updated based on internal policy and may be updated less frequently than statement generation.
Estimated Current Yield and Estimated Annual Income are estimates provided for informational purposes only and should not be relied on for making investment, trading, or tax decisions. The estimates may not represent the actual value earned by your investments and they provide no guarantee of what your investments may earn in the future.
Item Title: 10.3
Treasurer's Report
Item Page Number: 29
Menifee Mayor and City Council
November 15, 2023
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CITY OF MENIFEE Page 23 of 38
ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
TRANSACTION DETAIL
Date
Posted Activity Description Cash Tax Cost
Beginning Balance 07/01/2023 $0.00 $10,894,010.31
07/03/23
07/06/23
07/07/23
07/10/23
07/10/23
07/11/23
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
Federated Hermes Govt Obligs Is
Interest From 6/1/23 To 6/30/23
219.85
Interest Earned On
Caterpillar Finl Mtn 4.800% 1/06/26
0.024 USD/$1 Pv On 80,000 Par Value Due 7/6/23
1,920.00
528.13Interest Earned On
F N M A 1.625% 1/07/25
0.008125 USD/$1 Pv On 65,000 Par Value Due 7/7/23
Interest Earned On
Toronto Dominion Mtn 5.103% 1/09/26
0.025373 USD/$1 Pv On 80,000 Par Value Due 7/9/23
2,029.86
2,300.00
59,346.09
Interest Earned On
Paccar Financial Mtn 4.600% 1/10/28
0.023 USD/$1 Pv On 100,000 Par Value Due 7/10/23
Sold 60,000 Par Value Of -58,253.90
U S Treasury Nt 1.625% 10/31/23
Trade Date 7/10/23
Sold Through J.P. Morgan Securities LLC
Sold On The Off-Exchange Transactions - Li
Swift External Ref#: 8319103133899682
60,000 Par Value At 98.91015 %
07/11/23
07/12/23
07/12/23
07/12/23
Sell Accrued Interest
Asset Income
Received Accrued Interest On Sale Of
U S Treasury Nt 1.625% 10/31/23
Income Credit 190.76 USD
190.76
3,055.00
1,960.00
1,850.00
Interest Earned On
American Honda Mtn 4.700% 1/12/28
0.0235 USD/$1 Pv On 130,000 Par Value Due 7/12/23
Asset Income Interest Earned On
Royal Bk Cda Mtn 4.900% 1/12/28
0.0245 USD/$1 Pv On 80,000 Par Value Due 7/12/23
Asset Income Interest Earned On
Toyota Mtr Cr M T N 4.625% 1/12/28
0.023125 USD/$1 Pv On 80,000 Par Value Due 7/12/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 30
Menifee Mayor and City Council
November 15, 2023
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CITY OF MENIFEE Page 24 of 38
ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
07/13/23 Purchase Purchased 100,000 Par Value Of
Ifc M T N 4.500% 7/13/28
Trade Date 7/6/23
-99,889.00 99,889.00
Purchased Through BofA Securities, Inc./Fxd Inc
Swift External Ref#: 8318703133896888
100,000 Par Value At 99.889 %
07/13/23
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
Asset Income
Asset Income
Sale
Interest Earned On
Toyota Mtr Mtn 1.450% 1/13/25
0.00725 USD/$1 Pv On 30,000 Par Value Due 7/13/23
217.50
12.34 443.12
83.50 140.33
78.33 5.67
Interest Earned On
Hyundai Auto Rec Tr 0.740% 5/15/26
$0.00062/Pv On 20,000.00 Pv Due 7/17/23
Paid Down 443.12 Par Value Of
Hyundai Auto Rec Tr 0.740% 5/15/26
Trade Date 7/17/23
-436.77
-140.32
Asset Income
Sale
Interest Earned On
John Deere Owner 5.010% 11/15/27
$0.00418/Pv On 20,000.00 Pv Due 7/15/23
Paid Down 140.33 Par Value Of
John Deere Owner 1.100% 8/15/24
Cmo Final Paydown
Asset Income
Asset Income
Sale
Interest Earned On
Toyota Auto Rec 3.760% 4/15/27
0.003133 USD/$1 Pv On 25,000 Par Value Due 7/15/23
Interest Earned On
Gm Fin Cons Auto 0.680% 9/16/26
$0.00057/Pv On 10,000.00 Pv Due 7/16/23
Paid Down 337.97 Par Value Of
Gm Fin Cons Auto 0.680% 9/16/26
Trade Date 7/16/23
337.97
10.50 0.61
-337.96
Asset Income
Asset Income
Interest Earned On
Gm Fin Cons Auto 1.260% 11/16/26
$0.00105/Pv On 10,000.00 Pv Due 7/16/23
Interest Earned On
Honda Auto 0.820% 7/15/24
$0.00068/Pv On 889.32 Pv Due 7/15/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 31
Menifee Mayor and City Council
November 15, 2023
Page
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
Sale Paid Down 337.93 Par Value Of
Honda Auto 0.820% 7/15/24
Trade Date 7/15/23
337.93 -337.90
Asset Income
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
Honda Auto Rec Own 1.880% 5/15/26
148.83
46.25 19.33
0.39 $0.00157/Pv On 95,000.00 Pv Due 7/15/23
Interest Earned On
Hyundai Auto Rec 2.220% 10/15/26
$0.00185/Pv On 25,000.00 Pv Due 7/15/23
Interest Earned On
John Deere Owner 2.320% 9/15/26
$0.00193/Pv On 10,000.00 Pv Due 7/15/23
Interest Earned On
John Deere Owner 0.510% 11/15/24
$0.00043/Pv On 923.59 Pv Due 7/15/23
Paid Down 221.92 Par Value Of
John Deere Owner 0.510% 11/15/24
Trade Date 7/15/23
221.92
0.13 -221.89
Asset Income
Asset Income
Sale
Interest Earned On
John Deere Owner 1.100% 8/15/24
$0.00092/Pv On 140.33 Pv Due 7/15/23
Interest Earned On
John Deere Own 0.520% 3/16/26
5.62 $0.00043/Pv On 12,980.67 Pv Due 7/15/23
Paid Down 575.52 Par Value Of
John Deere Own 0.520% 3/16/26
Trade Date 7/15/23
575.52
46.75 106.04
-575.47
Asset Income
Asset Income
Interest Earned On
John Deere Ownr Tr 3.740% 2/16/27
$0.00312/Pv On 15,000.00 Pv Due 7/15/23
Interest Earned On
John Deere Owner 5.090% 6/15/27
$0.00424/Pv On 25,000.00 Pv Due 7/15/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 32
Menifee Mayor and City Council
November 15, 2023
Page
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
07/17/23
Asset Income
Asset Income
Sale
Interest Earned On
Mercedes Benz Auto 4.510% 11/15/27
$0.00376/Pv On
131.54
35,000.00 Pv Due 7/15/23
Interest Earned On
Toyota Auto 0.350% 1/15/25
$0.00029/Pv On
0.88 595.83
44.38 3,002.10 Pv Due 7/15/23
Paid Down 595.83 Par Value Of
Toyota Auto 0.350% 1/15/25
Trade Date 7/15/23
-595.72
-1,620.34
-1,518.26
Asset Income
Sale
Interest Earned On
Toyota Auto Rec 0.710% 4/15/26
$0.00059/Pv On 75,000.00 Pv Due 7/17/23
Paid Down 1,720.55 Par Value Of
Toyota Auto Rec 0.710% 4/15/26
Trade Date 7/17/23
1,720.55
3.06Asset Income
Sale
Interest Earned On
Toyota Auto Recv 0.260% 5/15/25
$0.00022/Pv On 14,124.02 Pv Due 7/15/23
Paid Down 1,518.54 Par Value Of
Toyota Auto Recv 0.260% 5/15/25
Trade Date 7/15/23
1,518.54
125.00
195.00
3,300.00
510.00
Asset Income
Asset Income
Asset Income
Asset Income
Interest Earned On
Salesforce Com Inc 0.625% 7/15/24
0.003125 USD/$1 Pv On 40,000 Par Value Due 7/15/23
Interest Earned On
Target Corp 1.950% 1/15/27
0.00975 USD/$1 Pv On 20,000 Par Value Due 7/15/23
Interest Earned On
U S Treasury Nt 3.000% 7/15/25
0.015 USD/$1 Pv On 220,000 Par Value Due 7/15/23
Interest Earned On
Royal Bank Of Mtn 2.550% 7/16/24
0.01275 USD/$1 Pv On 40,000 Par Value Due 7/16/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 33
Menifee Mayor and City Council
November 15, 2023
Page
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
07/17/23
07/18/23
07/18/23
07/20/23
07/20/23
07/20/23
07/20/23
07/20/23
07/20/23
07/20/23
07/20/23
Asset Income
Asset Income
Sale
Interest Earned On
John Deere Mtn 0.450% 1/17/24
0.00225 USD/$1 Pv On 50,000 Par Value Due 7/17/23
112.50
Interest Earned On
Honda Auto 0.370% 10/18/24
$0.00031/Pv On
1.43 790.12
5.10 4,622.77 Pv Due 7/18/23
Paid Down 790.12 Par Value Of
Honda Auto 0.370% 10/18/24
Trade Date 7/18/23
-790.00
Asset Income
Sale
Interest Earned On
Gm Fin Auto Lsng 0.390% 10/21/24
$0.00033/Pv On 15,692.79 Pv Due 7/20/23
Paid Down 2,410.16 Par Value Of
Gm Fin Auto Lsng 0.390% 10/21/24
Trade Date 7/20/23
2,410.16
39.58 -2,410.13
Asset Income
Asset Income
Sale
Interest Earned On
Gm Fin Auto Lsng Tr 1.900% 3/20/25
$0.00158/Pv On 25,000.00 Pv Due 7/20/23
Interest Earned On
Verizon Owner 0.470% 2/20/25
$0.00039/Pv On
1.35 3,444.19 Pv Due 7/20/23
Paid Down 1,260.68 Par Value Of
Verizon Owner 0.470% 2/20/25
Trade Date 7/20/23
1,260.68
41.67 -1,260.42
Asset Income
Asset Income
Asset Income
Interest Earned On
Verizon Master 0.500% 5/20/27
$0.00042/Pv On 100,000.00 Pv Due 7/20/23
Interest Earned On
Verizon Master Tr 3.720% 7/20/27
$0.00310/Pv On
46.50 15,000.00 Pv Due 7/20/23
Interest Earned On 762.00
Bank America Mtn 5.080% 1/20/27
0.0254 USD/$1 Pv On 30,000 Par Value Due 7/20/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 34
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
07/20/23
07/21/23
07/21/23
07/21/23
07/21/23
07/21/23
07/25/23
07/25/23
07/25/23
07/25/23
07/25/23
Asset Income
Asset Income
Sale
Interest Earned On
Bank Of America Mtn 3.824% 1/20/28
0.01912 USD/$1 Pv On 75,000 Par Value Due 7/20/23
1,434.00
Interest Earned On
Honda Auto 0.270% 4/21/25
$0.00022/Pv On
1.82 873.88
7.33 8,086.44 Pv Due 7/21/23
Paid Down 873.88 Par Value Of
Honda Auto 0.270% 4/21/25
Trade Date 7/21/23
-873.86
-250.93
Asset Income
Sale
Interest Earned On
Honda Auto Rec 0.880% 1/21/26
$0.00073/Pv On 10,000.00 Pv Due 7/21/23
Paid Down 250.98 Par Value Of
Honda Auto Rec 0.880% 1/21/26
Trade Date 7/21/23
250.98
150.00
40.51 33.38
97.10 69.46
311.98
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Interest Earned On
F H L M C M T N 0.375% 7/21/25
0.001875 USD/$1 Pv On 80,000 Par Value Due 7/21/23
Interest Earned On
F H L M C Mltcl Mtg 3.241% 9/25/24
$0.00270/Pv On 15,000.00 Pv Due 7/25/23
Interest Earned On
F H L M C Mltcl Mtg 2.670% 12/25/24
$0.00223/Pv On 15,000.00 Pv Due 7/25/23
Interest Earned On
F H L M C Mltcl Mtg 3.329% 5/25/25
$0.00277/Pv On 35,000.00 Pv Due 7/25/23
Interest Earned On
F H L M C Mltcl Mt 3.334% 8/25/25
$0.00278/Pv On 25,000.00 Pv Due 7/25/23
Interest Earned On
F H L M C Mltcl Mtg 2.995% 12/25/25
$0.00250/Pv On 125,000.00 Pv Due 7/25/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 35
Menifee Mayor and City Council
November 15, 2023
Page
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
07/25/23
07/25/23
07/25/23
07/25/23
07/25/23
07/25/23
07/25/23
07/25/23
07/25/23
07/25/23
07/25/23
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
F H L M C Mltcl Mtg 2.745% 1/25/26
$0.00229/Pv On
160.13
70,000.00 Pv Due 7/25/23
Interest Earned On
F H L M C Mltcl Mtg 2.525% 5/25/26
$0.00210/Pv On 120,000.00 Pv Due 7/25/23
252.50
276.35
199.09
200.08
82.58 Interest Earned On
F H L M C Mltcl Mt 2.653% 8/25/26
$0.00221/Pv On 125,000.00 Pv Due 7/25/23
Interest Earned On
F H L M C Mltcl Mtg 3.413% 12/25/26
$0.00284/Pv On 70,000.00 Pv Due 7/25/23
Interest Earned On
F H L M C Mltcl Mt 3.430% 1/25/27
$0.00286/Pv On 70,000.00 Pv Due 7/25/23
Interest Earned On
F H L M C Mltcl Mt 3.303% 11/25/27
$0.00275/Pv On 30,000.00 Pv Due 7/25/23
Interest Earned On
F H L M C Mltcl Mt 2.525% 10/25/26
$0.00210/Pv On 125,000.00 Pv Due 7/25/23
263.02
92.49Interest Earned On
F H L B Gtd Remic 3.171% 10/25/24
0.002642 USD/$1 Pv On 35,000 Par Value Due 7/25/23
Interest Earned On
F H L M C Mltcl Mt 3.064% 8/25/24
$0.00255/Pv On
49.33 19,321.48 Pv Due 7/25/23
Paid Down 29.4 Par Value Of
F H L M C Mltcl Mt 3.064% 8/25/24
Trade Date 7/25/23
29.40 -29.91
Asset Income Interest Earned On 473.00
Bmw Vehicle Lease 5.160% 11/25/25
$0.00430/Pv On 110,000.00 Pv Due 7/25/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 36
Menifee Mayor and City Council
November 15, 2023
Page
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
07/25/23
07/25/23
07/25/23
07/25/23
07/25/23
07/25/23
07/26/23
07/26/23
07/28/23
07/31/23
Asset Income Interest Earned On
Bmw Vehicle Lease 1.100% 3/25/25
$0.00092/Pv On
7.49 8,170.89 Pv Due 7/25/23
Sale Paid Down 956.71 Par Value Of
Bmw Vehicle Lease 1.100% 3/25/25
Trade Date 7/25/23
956.71
40.13 -956.57
Asset Income
Asset Income
Sale
Interest Earned On
Bmw Veh Owner Tr 3.210% 8/25/26
$0.00268/Pv On 15,000.00 Pv Due 7/25/23
Interest Earned On
Bmw Vehicle Lease 0.330% 12/26/24
$0.00027/Pv On
1.23 4,488.51 Pv Due 7/25/23
Paid Down 910.02 Par Value Of
Bmw Vehicle Lease 0.330% 12/26/24
Trade Date 7/25/23
910.02 -909.93
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Purchase
Interest Earned On
Charles Schwab Corp 3.200% 1/25/28
0.016 USD/$1 Pv On 85,000 Par Value Due 7/25/23
1,360.00
164.20Interest Earned On
F H L M C Mltcl Mt 3.284% 6/25/25
0.002737 USD/$1 Pv On 60,000 Par Value Due 7/25/23
Interest Earned On
Pnc Financial 4.758% 1/26/27
0.024054 USD/$1 Pv On 135,000 Par Value Due 7/26/23
3,247.34
2,651.25
206.25
Interest Earned On
Morgan Stanley 5.050% 1/28/27
0.026513 USD/$1 Pv On 100,000 Par Value Due 7/28/23
Interest Earned On
U S Treasury Nt 2.750% 7/31/27
0.01375 USD/$1 Pv On 15,000 Par Value Due 7/31/23
Combined Purchases For The Period 7/ 1/23 - 7/31/23 Of
Federated Hermes Govt Obligs Is
-104,529.67 104,529.67
Item Title: 10.3
Treasurer's Report
Item Page Number: 37
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
Sale Combined Sales For The Period 7/ 1/23 - 7/31/23 Of Federated Hermes Govt Obligs Is
99,671.50 -99,671.50
Ending Balance 07/31/2023 $0.00 $10,927,237.20
Item Title: 10.3
Treasurer's Report
Item Page Number: 38
Menifee Mayor and City Council
November 15, 2023
Page
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
SALE/MATURITY SUMMARY
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
Taxable Bonds
Bmw Vehicle Lease Trust
0.330 12/26/2024
09690AAC7
07/25/23 Paid Down 910.02
Par Value
Trade Date 7/25/23
-909.93 910.02
956.71
29.40 0.09
Bmw Vehicle Lease Trust 2022 1
A B S Ser 2022 1 Cl A3
03/25/2025
BVL1325
Var
07/25/23 Paid Down 956.71
Par Value
Trade Date 7/25/23
-956.57 0.14
-0.51
0.03 F H L M C Multiclass Mtg Partn
C M O Ser K728 Cl A2
08/25/2024
FHL3024
Var
07/25/23
07/20/23
Paid Down 29.4 Par
Value
Trade Date 7/25/23
-29.91
Gm Fin Auto Lsng Tr
A B S Ser 2021 3 Cl A 3
10/21/2024
GFA0324A
Var
Paid Down 2,410.16
Par Value
-2,410.13 2,410.16
Trade Date 7/20/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 39
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
Gm Fin Cons Auto Rec Tr
A B S Ser 2021 4 Cl A 3
0.680 09/16/2026
GFC0626
07/17/23 Paid Down 337.97
Par Value
Trade Date 7/16/23
-337.96 337.97
250.98
873.88
337.93
0.01 Honda Auto Rec Ownr Tr 2021 4
A B S Ser 2021 4 Cl A3
01/21/2026
HAR0826
Var
07/21/23 Paid Down 250.98
Par Value
Trade Date 7/21/23
-250.93
-873.86
-337.90
0.05 0.02
0.03 Honda Auto Receivables
A B S Ser 2021 1 Cl A3
0.270 04/21/2025
43813GAC5
07/21/23 Paid Down 873.88
Par Value
Trade Date 7/21/23
Honda Auto Receivables Owner
A B S Ser 2020 2 Cl A3
0.820 07/15/2024
43813DAC2
07/17/23 Paid Down 337.93
Par Value
Trade Date 7/15/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 40
Menifee Mayor and City Council
November 15, 2023
Page
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CITY OF MENIFEE Page 34 of 38
ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
Honda Auto Receivables Owner
A B S Ser 2020 3 Cl A3
0.370 10/18/2024
HA00324
07/18/23 Paid Down 790.12
Par Value
Trade Date 7/18/23
-790.00 790.12
443.12
575.52
221.92
0.12 Hyundai Auto Rec Tr
A B S Ser 2021 C Cl A3
0.740 05/15/2026
HAR0726
07/17/23
07/17/23
07/17/23
Paid Down 443.12
Par Value
Trade Date 7/17/23
-436.77
-575.47
-221.89
6.35 0.05
0.03 John Deere Own
A B S Ser 2021 B Cl A 3
03/16/2026
JDO0926
Var
Paid Down 575.52
Par Value
Trade Date 7/15/23
John Deere Owner Tr
A B S Ser 2020 B Cl A3
11/15/2024
JDO0524
Var
Paid Down 221.92
Par Value
Trade Date 7/15/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 41
Menifee Mayor and City Council
November 15, 2023
Page
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
John Deere Owner Trust
A B S Ser 2020 A Cl A3
1.100 08/15/2024
47789KAC7
07/17/23
07/17/23
07/17/23
07/17/23
Paid Down 140.33
Par Value
Cmo Final Paydown
-140.32 140.33
1,720.55
595.83
0.01 Toyota Auto Rec Own Tr
A B S Ser 2021 D Cl A 3
04/15/2026
TAR0726
Var
Paid Down 1,720.55
Par Value
Trade Date 7/17/23
-1,620.34 100.21
Toyota Auto Receivables
A B S Ser 2020 D Cl A3
0.350 01/15/2025
TA00325
Paid Down 595.83
Par Value
Trade Date 7/15/23
-595.72 0.11
Toyota Auto Recv Tr
A B S Ser 2021 A Cl A3
05/15/2025
TAR0325A
Var
Paid Down 1,518.54
Par Value
-1,518.26 1,518.54 0.28
Trade Date 7/15/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 42
Menifee Mayor and City Council
November 15, 2023
Page
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CITY OF MENIFEE Page 36 of 38
ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
U S Treasury Note
1.625 10/31/2023
912828T91
07/11/23 Sold 60,000 Par
Value
-58,253.90 59,346.09 1,092.19
Trade Date 7/10/23
Sold Through J.P. Morgan Securities LLC
Sold On The Off-Exchange Transactions - Li
Swift External Ref#: 8319103133899682
60,000 Par Value At 98.91015 %
Verizon Owner Trust
A B S Ser 2020 B Cl A1a
02/20/2025
VO00425
Var
07/20/23 Paid Down 1,260.68
Par Value
-1,260.42 1,260.68 0.26
Trade Date 7/20/23
Total Taxable Bonds -$71,520.28
-$71,520.28
$72,719.75
$72,719.75
$1,199.47
$1,199.47Total Sales & Maturities
SALE/MATURITY SUMMARY MESSAGES
Estimated Year-To-Date Short-Term Gain (Loss): $682.67
Estimated Year-To-Date Long-Term Gain (Loss): ($6,723.24) Estimates should not be used for tax purposes
Item Title: 10.3
Treasurer's Report
Item Page Number: 43
Menifee Mayor and City Council
November 15, 2023
Page
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CITY OF MENIFEE Page 37 of 38
ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
BOND SUMMARY
Percentage of
CategoryPar Value Market Value
MATURITY
2023
2024
2025
2026
2027
2028
80,000.00
2,001,238.91
2,796,622.00
2,496,652.53
2,000,000.00
1,620,000.00
79,492.20
1,963,953.94
2,657,881.78
2,350,870.65
1,937,851.35
1,587,657.50
0.75 18.57
25.13 22.23
18.32 15.00
Total of Category $10,994,513.44 $10,577,707.42 100.00
MOODY'S RATING
Aaa
Aa2
Aa3
A1
A2
A3
7,123,649.30
55,000.00
6,865,670.53
50,820.20
64.91 0.48
0.81 11.98
7.42 4.27
90,000.00 85,300.50
1,312,000.00
825,000.00
465,000.00
1,267,610.09
785,276.60
451,978.70
Item Title: 10.3
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Item Page Number: 44
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
BOND SUMMARY (continued)
Percentage of
CategoryPar Value Market Value
N/A 1,123,864.14 1,071,050.80 10.13
Total of Category $10,994,513.44 $10,577,707.42 100.00
S&P RATING
AAA
AA+
AA
A+
A
A-
934,785.48
3,060,000.00
115,000.00
695,000.00
750,000.00
1,187,000.00
4,252,727.96
901,047.99
2,972,628.45
104,997.80
671,348.15
726,370.25
1,138,269.89
4,063,044.89
8.52 28.10
0.99 6.35
6.87 10.76
38.41N/A
Total of Category $10,994,513.44 $10,577,707.42 100.00
BOND SUMMARY MESSAGES
Data contained within this section excluded Mutual Funds, Exchange Traded Funds, and Closed-Ended Funds.
Item Title: 10.3
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Glossary
Accretion - The accumulation of the value of a discounted bond until maturity.
Adjusted Prior Market Realized Gain/Loss - The difference between the proceeds and the Prior Market Value of the transaction.
Adjusted Prior Market Unrealized Gain/Loss - The difference between the Market Value and the Adjusted Prior Market Value.
Adjusted Prior Market Value - A figure calculated using the beginning Market Value for the fiscal year, adjusted for all asset related transactions during the period, employing an average cost methodology.
Amortization - The decrease in value of a premium bond until maturity.
Asset - Anything owned that has commercial exchange value. Assets may consist of specific property or of claims against others, in contrast to obligations due to others (liabilities).
Bond Rating - A measurement of a bond's quality based upon the issuer's financial condition. Ratings are assigned by independent rating services, such as Moody's, or S&P, and reflect their opinion of the issuer's ability to meet the scheduled interest and principal repayments for the bond.
Cash - Cash activity that includes both income and principal cash categories.
Change in Unrealized Gain/Loss - Also reported as Gain/Loss in Period in the Asset Detail section.
This figure shows the market appreciation (depreciation) for the current period.
Cost Basis (Book Value) - The original price of an asset, normally the purchase price or appraised value at the time of acquisition. Book Value method maintains an average cost for each asset.
Cost Basis (Tax Basis) - The original price of an asset, normally the purchase price or appraised value at the time of acquisition. Tax Basis uses client determined methods such as Last-In-First-Out (LIFO), First-In-First-Out (FIFO), Average, Minimum Gain, and Maximum Gain.
Ending Accrual - (Also reported as Accrued Income) Income earned but not yet received, or expenses incurred but not yet paid, as of the end of the reporting period.
Estimated Annual Income - The amount of income a particular asset is anticipated to earn over the next year. The shares multiplied by annual income rate.
Estimated Current Yield - The annual rate of return on an investment expressed as a percentage. For stocks, yield is calculated by taking the annual dividend payments divided by the stock's current share price. For bonds, yield is calculated by the coupon rate divided by the bond's market price.
Ex-Dividend Date - (Also reported as Ex-Date) For stock trades, the person who owns the security on the ex-dividend date will earn the dividend, regardless of who currently owns the stock.
Income Cash - A category of cash comprised of ordinary earnings derived from investments, usually dividends and interest.
Market Value - The price per unit multiplied by the number of units.
Maturity Date - The date on which an obligation or note matures.
Payable Date - The date on which a dividend, mutual fund distribution, or interest on a bond will be made.
Principal Cash - A category of cash comprised of cash, deposits, cash withdrawals and the cash flows generated from purchases or sales of investments.
Realized Gain/Loss Calculation - The Proceeds less the Cost Basis of a transaction.
Settlement Date - The date on which a trade settles and cash or securities are credited or debited to the account.
Trade Date - The date a trade is legally entered into.
Unrealized Gain/Loss - The difference between the Market Value and Cost Basis at the end of the current period.
Yield on/at Market - The annual rate of return on an investment expressed as a percentage. For stocks, yield is calculated by the annual dividend payments divided by the stock's current share price.
For bonds, yield is calculated by the coupon rate divided by the bond's market price.
The terms defined in this glossary are only for use when reviewing your account statement. Please contact your Relationship Manager with any questions.
Item Title: 10.3
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QUESTIONS? ACCOUNT NUMBER:
If you have any questions regarding your account or this statement, please contact your Administrator. CITY OF MENIFEE
KATHERINE ARTISHON
EP-MN-WS4E
60 LIVINGSTON AVE.
ST PAUL MN 55107
E-mail [email protected]
Portfolio Manager:
TS PRT RC #1 - AUTO
CN-OH-W6TC
This statement is for the period from August 1, 2023 to August 31, 2023 000015598 05 SP
CITY OF MENIFEE
000638546872282 S
FINANCE DEPARTMENT
29844 HAUN ROAD
MENIFEE, CA 92586
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TABLE OF CONTENTS
Schedule Page
Market Value Summary ........................................................................................
Asset Summary ....................................................................................................
Income Summary ..................................................................................................
Cash Summary .....................................................................................................
Asset Detail ...........................................................................................................
Transaction Detail .................................................................................................
Sale/Maturity Summary .........................................................................................
Bond Summary ..................................................................................................... 1 2
3 4
5 23
31 36
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
MARKET VALUE SUMMARY
Current Period
08/01/23 to 08/31/23
Beginning Market Value $10,635,151.24
Taxable Interest 22,018.97
13.52Long Term Gains/Losses
Short Term Gains/Losses
Change in Investment Value
240.29
104.67
Ending Market Value $10,657,528.69
Item Title: 10.3
Treasurer's Report
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET SUMMARY
Current Period
Market Value
% of
Total
Estimated
Annual IncomeAssets
Cash & Equivalents
Taxable Bonds
23,547.32 0.20 1,224.13
10,633,981.37 99.80 333,772.47
Total Market Value $10,657,528.69 100.00 $334,996.60
Item Title: 10.3
Treasurer's Report
Item Page Number: 52
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
INCOME SUMMARY
Income Received
Current Period
Taxable Interest 22,018.97
Total Current Period Income $22,018.97
Item Title: 10.3
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
CASH SUMMARY
Cash
$0.00Beginning Cash 08/01/2023
Taxable Interest
Purchases
22,018.97
-74,100.00
18,184.53
33,896.50
Sales
Net Money Market Activity
Ending Cash 08/31/2023 $0.00
Item Title: 10.3
Treasurer's Report
Item Page Number: 54
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Cash & Equivalents
Cash/Money Market
Federated Hermes Govt Obligs Is - 60934N104
#5
23,547.320 1.0000 23,547.32 23,547.32 0.00 0.2 1,224.13 5.20 Total Cash/Money Market $23,547.32 $23,547.32 $0.00 0.2 $1,224.13 Total Cash & Equivalents $23,547.32 $23,547.32 $0.00 0.2 $1,224.13 Taxable Bonds
US Government Issues
F H L B Gtd R E M I C Pass Thru - 3137BFE98
C M O Ser K041 Cl A2
3.171 10/25/2024
34,938.810 97.3200
94.9600
91.8680
91.2440
34,002.45
75,968.00
73,494.40
68,433.00
37,583.79
79,938.40
79,736.00
74,777.85
-3,581.34
-3,970.40
-6,241.60
-6,344.85
0.3 0.7
0.7 0.6
1,107.91
1,200.00
300.00
3.26 1.58
0.41 0.41
F H L M C - 3137EAEP0
1.500 02/12/2025
80,000.000
F H L M C M T N - 3137EAEU9
0.375 07/21/2025
80,000.000
F H L M C M T N - 3137EAEX3
0.375 09/23/2025
75,000.000 281.25
F H L M C Multiclass Mtg Partn - 3137BEVH4
C M O Ser K040 Cl A2
3.241 09/25/2024
15,000.000 97.5960 14,639.40 15,792.19 -1,152.79 0.1 486.15 3.32 Item Title: 10.3
Treasurer's Report
Item Page Number: 55
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield F H L M C Multiclass Mtg Partn - 3137BFXT3
C M O Ser K042 Cl A2
2.670 12/25/2024
15,000.000 96.5600
96.6970
96.6510
96.3840
95.3860
94.7230
93.7130
93.5450
14,484.00
33,843.95
57,990.60
24,096.00
119,232.50
66,306.10
112,455.60
116,931.25
15,140.63
35,973.44
63,807.81
26,792.97
121,166.99
67,000.39
116,042.97
118,955.08
-656.63
-2,129.49
-5,817.21
-2,696.97
-1,934.49
-694.29
0.1 0.3
0.5 0.2
1.1 0.6
1.1 1.1
400.50
1,165.15
1,970.40
833.50
2.76 3.44
3.40 3.46
3.14 2.90
2.69 2.84
F H L M C Multiclass Mtg Partn - 3137BKRJ1
C M O Ser K047 Cl A2
3.329 05/25/2025
35,000.000
F H L M C Multiclass Mtg Partn - 3137BLAC2
C M O Ser K048 Cl A2
06/25/2025 Var
60,000.000
F H L M C Multiclass Mtg Partn - 3137BLW95
C M O Ser K050 Cl A2
08/25/2025 Var
25,000.000
F H L M C Multiclass Mtg Partn - 3137BN6G4
C M O Ser K053 Cl A2
2.995 12/25/2025
125,000.000 3,743.75
1,921.50
3,030.00
3,316.25
F H L M C Multiclass Mtg Partn - 3137BNGT5
C M O Ser K054 Cl A2
2.745 01/25/2026
70,000.000
F H L M C Multiclass Mtg Partn - 3137BQYS0
C M O Ser K056 Cl A2
2.525 05/25/2026
120,000.000 -3,587.37
-2,023.83
F H L M C Multiclass Mtg Partn - 3137BSP72
C M O Ser K058 Cl A2
2.653 08/25/2026
125,000.000
Item Title: 10.3
Treasurer's Report
Item Page Number: 56
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield F H L M C Multiclass Mtg Partn - 3137BUX60
C M O Ser K062 Cl A2
3.413 12/25/2026
70,000.000 95.2040
95.2270
94.2520
97.7920
66,642.80
66,658.90
28,275.60
18,839.09
67,716.80
67,711.33
28,566.80
19,601.60
-1,074.00
-1,052.43
-291.20
0.6 0.6
0.3 0.2
2,389.10
2,401.00
990.90
3.58 3.60
3.50 3.13
F H L M C Multiclass Mtg Partn - 3137BVZ82
C M O Ser K063 Cl A2
01/25/2027 Var
70,000.000
F H L M C Multiclass Mtg Partn - 3137FCJK1
C M O Ser K070 Cl A2
11/25/2027 Var
30,000.000
F H L M C Multiclass Mtg Partn - 3137FBTA4
C M O Ser K728 Cl A2
08/25/2024 Var
19,264.450 -762.51 590.26
F H L M C Multiclass Mtg Partn - 3137FQXJ7
C M O Ser K737 Cl A2
2.525 10/25/2026
125,000.000 93.0010
91.4250
92.3990
91.1080
95.4490
116,251.25
68,568.75
64,679.30
59,220.20
62,041.85
117,695.31
74,807.25
69,954.40
64,767.30
66,319.45
-1,444.06
-6,238.50
-5,275.10
-5,547.10
-4,277.60
1.1 0.6
0.6 0.6
0.6 3,156.25
281.25
2.71 0.41
0.54 0.55
1.70 F N M A - 3135G05X7
0.375 08/25/2025
75,000.000
F N M A - 3135G04Z3
0.500 06/17/2025
70,000.000 350.00
F N M A - 3135G06G3
0.500 11/07/2025
65,000.000 325.00
F N M A - 3135G0X24
1.625 01/07/2025
65,000.000 1,056.25
Item Title: 10.3
Treasurer's Report
Item Page Number: 57
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November 15, 2023
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield F N M A - 3135G0W66
1.625 10/15/2024
70,000.000
10,000.000
65,000.000
96.1050
99.9210
93.1450
95.3100
97.8370
98.1410
99.6500
98.5820
99.2020
96.0280
67,273.50
9,992.10
69,880.30
9,959.00
-2,606.80
33.10 0.6
0.1 0.6
2.0 1.9
1.4 0.7
1.2 2.0
0.3 1,137.50
287.50
1.69 2.88
0.67 1.84
3.96 3.95
4.26 4.44
4.66 2.47
F N M A - 3135G0U43
2.875 09/12/2023
F N M A Deb - 3135G03U5
0.625 04/22/2025
60,544.25
209,682.00
205,457.70
147,211.50
74,737.50
133,085.70
208,324.20
33,609.80
64,866.10
209,231.00
209,202.00
150,753.00
74,100.00
134,434.35
210,676.20
37,003.05
-4,321.85
451.00
406.25
Federal Farm Credit Bks - 3133ENPG9
1.750 02/14/2025
220,000.000 3,850.00
8,137.50
5,812.50
3,187.50
5,906.25
9,712.50
831.25
Federal Farm Credit Bks - 3133EN7J3
3.875 02/02/2026
210,000.000 -3,744.30
-3,541.50
637.50
Federal Farm Credit Bks - 3133EPGW9
3.875 04/25/2028
150,000.000
Federal Farm Credit Bks - 3133EPSK2
4.250 08/07/2028
75,000.000
Federal Farm Credit Bks - 3133ENS43
4.375 10/17/2024
135,000.000 -1,348.65
-2,352.00
-3,393.25
Federal Farm Credit Bks - 3133EN3M0
4.625 12/05/2024
210,000.000
Federal Home Loan Bks - 3130A4CH3
2.375 03/14/2025
35,000.000
Item Title: 10.3
Treasurer's Report
Item Page Number: 58
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Federal Home Loan Bks - 3130A1XJ2
2.875 06/14/2024
80,000.000 98.1270
97.4640
99.9590
99.4990
99.0610
100.6920
99.2850
99.6490
99.6010
95.4220
78,501.60
204,674.40
4,997.95
83,460.80
209,960.10
5,065.65
-4,959.20
-5,285.70
-67.70
0.7 1.9
0.0 0.6
1.9 1.8
2.0 1.4
2.0 0.7
2,300.00
6,037.50
168.75
2.93 2.95
3.38 3.39
4.29 4.47
4.66 4.77
4.89 3.27
Federal Home Loan Bks - 3130A2UW4
2.875 09/13/2024
210,000.000
Federal Home Loan Bks - 313383YJ4
3.375 09/08/2023
5,000.000
Federal Home Loan Bks - 3130A0F70
3.375 12/08/2023
65,000.000 64,674.35
198,122.00
191,314.80
208,498.50
149,473.50
209,162.10
76,337.60
66,897.35
204,274.00
196,165.50
210,808.50
149,694.00
210,751.80
79,083.21
-2,223.00
-6,152.00
-4,850.70
-2,310.00
-220.50
2,193.75
8,500.00
8,550.00
9,712.50
7,125.00
10,237.50
2,500.00
Federal Home Loan Bks - 3130ATUS4
4.250 12/10/2027
200,000.000
Federal Home Loan Bks - 3130ATS57
4.500 03/10/2028
190,000.000
Federal Home Loan Bks - 3130ATUR6
4.625 12/13/2024
210,000.000
Federal Home Loan Bks - 3130ATUQ8
4.750 03/08/2024
150,000.000
Federal Home Loan Bks - 3130ATVC8
4.875 06/14/2024
210,000.000 -1,589.70
-2,745.61
U S Treasury Note - 91282CFH9
08/31/2027
80,000.000
Item Title: 10.3
Treasurer's Report
Item Page Number: 59
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November 15, 2023
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield U S Treasury Note - 91282CAM3
0.250 09/30/2025
70,000.000
75,000.000
70,000.000
120,000.000
200,000.000
60,000.000
220,000.000
200,000.000
65,000.000
75,000.000
91.1090
90.7850
90.7660
89.7380
91.5780
95.1090
92.5780
92.9880
96.6020
97.1760
63,776.30
68,088.75
63,536.20
107,685.60
183,156.00
57,065.40
203,671.60
185,976.00
62,791.30
72,882.00
68,476.95
73,986.33
68,744.92
118,806.25
184,765.63
58,392.18
206,860.16
188,710.94
66,470.12
78,325.20
-4,700.65
-5,897.58
-5,208.72
-11,120.65
-1,609.63
-1,326.78
-3,188.56
-2,734.94
-3,678.82
-5,443.20
0.6 0.6
0.6 1.0
1.7 0.5
1.9 1.7
0.6 0.7
175.00
187.50
0.27 0.27
0.41 0.97
1.77 1.84
2.16 2.42
2.33 2.44
U S Treasury Note - 91282CAT8
0.250 10/31/2025
U S Treasury Note - 91282CAZ4
0.375 11/30/2025
262.50
U S Treasury Note - 91282CCZ2
0.875 09/30/2026
1,050.00
3,250.00
1,050.00
4,400.00
4,500.00
1,462.50
1,781.25
U S Treasury Note - 912828YQ7
1.625 10/31/2026
U S Treasury Note - 91282CED9
1.750 03/15/2025
U S Treasury Note - 912828U24
2.000 11/15/2026
U S Treasury Note - 912828V98
2.250 02/15/2027
U S Treasury Note - 9128283D0
2.250 10/31/2024
U S Treasury Note - 912828D56
2.375 08/15/2024
Item Title: 10.3
Treasurer's Report
Item Page Number: 60
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield U S Treasury Note - 9128286F2
2.500 02/28/2026
75,000.000
210,000.000
75,000.000
75,000.000
15,000.000
220,000.000
215,000.000
215,000.000
215,000.000
220,000.000
94.9410
97.9610
98.7970
96.3560
94.1370
96.5860
96.0000
96.6800
97.2580
98.3830
71,205.75
205,718.10
74,097.75
72,267.00
14,120.55
212,489.20
206,400.00
207,862.00
209,104.70
216,442.60
72,123.05
203,855.86
76,482.42
72,902.34
14,745.70
214,345.31
213,216.60
210,498.44
211,951.37
220,042.97
-917.30
1,862.24
-2,384.67
-635.34
0.7 1.9
0.7 0.7
0.1 2.0
1.9 2.0
2.0 2.0
1,875.00
5,250.00
2,062.50
2,062.50
412.50
2.63 2.55
2.78 2.85
2.92 3.11
3.38 3.62
3.73 4.07
U S Treasury Note - 912828WJ5
2.500 05/15/2024
U S Treasury Note - 912828B66
2.750 02/15/2024
U S Treasury Note - 91282CEQ0
2.750 05/15/2025
U S Treasury Note - 91282CFB2
2.750 07/31/2027
-625.15
U S Treasury Note - 91282CEY3
3.000 07/15/2025
-1,856.11
-6,816.60
-2,636.44
-2,846.67
-3,600.37
6,600.00
6,987.50
7,525.00
7,793.75
8,800.00
U S Treasury Note - 91282CEW7
3.250 06/30/2027
U S Treasury Note - 91282CHA2
3.500 04/30/2028
U S Treasury Note - 91282CHE4
3.625 05/31/2028
U S Treasury Note - 91282CGA3
4.000 12/15/2025
Item Title: 10.3
Treasurer's Report
Item Page Number: 61
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November 15, 2023
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield U S Treasury Note - 91282CFM8
4.125 09/30/2027
200,000.000
200,000.000
99.0740
99.0660
198,148.00 202,359.38 -4,211.38 1.9 8,250.00 4.16
4.16 U S Treasury Note - 91282CFU0
4.125 10/31/2027
198,132.00 202,382.81 -4,250.81 1.9 8,250.00
Total US Government Issues $6,853,346.84 $7,044,559.59 -$191,212.75 64.3 $211,877.62 Corporate Issues
Ace Ina Holding - 00440EAS6
3.150 03/15/2025
50,000.000 96.6800
90.3700
48,340.00
54,222.00
51,448.00
59,740.80
-3,108.00
-5,518.80
0.5 0.5
1,575.00
600.00
3.26 1.11
Amazon Com Inc - 023135BX3
1.000 05/12/2026
60,000.000
American Honda Fin Corp - 02665WED9
Medium Term Note
4.700 01/12/2028
130,000.000 98.7120
92.3960
96.1520
128,325.60
23,099.00
96,152.00
131,033.50
25,621.00
96,949.00
-2,707.90
-2,522.00
-797.00
1.2 0.2
0.9 6,110.00
512.50
4.76 2.22
3.38 Apple Inc - 037833DN7
2.050 09/11/2026
25,000.000
Apple Inc - 037833BY5
3.250 02/23/2026
100,000.000 3,250.00
Bank Amer Corp Sr - 06051GJD2
Medium Term Note
06/19/2026 Var
40,000.000 92.0260 36,810.40 40,105.60 -3,295.20 0.3 527.60 1.43 Item Title: 10.3
Treasurer's Report
Item Page Number: 62
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November 15, 2023
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Bank America Corp - 06051GLE7
Medium Term Note
5.080 01/20/2027
30,000.000 98.6860
94.7420
29,605.80
23,685.50
30,000.00
24,223.45
-394.20
-537.95
0.3 0.2
1,524.00
889.75
5.15 3.76
Bank Of America Corp - 06051GHT9
Medium Term Note
3.559 04/23/2027
25,000.000
Bank Of America Corp - 06051GGF0
Medium Term Note
3.824 01/20/2028
75,000.000 94.2750
92.6660
70,706.25
41,699.70
71,563.50
44,991.45
-857.25 0.7
0.4 2,868.00
1,035.00
4.06 2.48
Berkshire Hathaway Fin - 084664CZ2
2.300 03/15/2027
45,000.000 -3,291.75
Bmw Veh Owner Tr - 05602RAD3
A B S Ser 2022 A Cl A 3
08/25/2026 Var
15,000.000 97.4710 14,620.65 14,999.22 -378.57 0.1 481.50 3.29 Bmw Vehicle Lease - 05593AAC3
A B S Ser 2023 1 Cl A 3
5.160 11/25/2025
110,000.000 99.3440
99.2310
109,278.40
2,801.13
110,198.98
2,822.55
-920.58
-21.42
1.0 0.0
5,676.00
9.32 5.19
0.33 Bmw Vehicle Lease Trust - 09690AAC7
0.330 12/26/2024
2,822.840
Bmw Vehicle Lease Trust 2022 1 - 05601XAC3
A B S Ser 2022 1 Cl A3
03/25/2025 Var
6,366.910 98.6690
96.2920
6,282.17 6,365.96 -83.79 0.1
0.4 70.04 1.11
2.23 Caterpillar Finl Service - 14913Q3B3
Medium Term Note
2.150 11/08/2024
45,000.000 43,331.40 45,481.50 -2,150.10 967.50
Item Title: 10.3
Treasurer's Report
Item Page Number: 63
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November 15, 2023
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CITY OF MENIFEE Page 14 of 37
ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Caterpillar Finl Svcs - 14913R3B1
Medium Term Note
4.800 01/06/2026
80,000.000
25,000.000
85,000.000
99.5090
89.9940
91.0940
94.4320
79,607.20
22,498.50
77,429.90
18,886.40
79,988.80
24,991.70
80,783.15
19,535.80
-381.60
-2,493.20
-3,353.25
-649.40
0.7 0.2
0.7 0.2
3,840.00
612.50
4.82 2.72
3.51 3.18
Charles Schwab Corp - 808513BY0
2.450 03/03/2027
Charles Schwab Corp - 808513AU9
3.200 01/25/2028
2,720.00
600.00
Costco Wholesale Corp - 22160KAM7
3.000 05/18/2027
20,000.000
Deere John Capital Corp - 24422EWJ4
Medium Term Note
4.050 09/08/2025
70,000.000 97.9920
94.1130
68,594.40
32,939.55
69,267.10
36,755.95
-672.70 0.6
0.3 2,835.00
1,032.50
4.13 3.13
Duke Energy Carolinas - 26442CAS3
2.950 12/01/2026
35,000.000 -3,816.40
Gm Fin Auto Lsng Tr - 36262XAC8
A B S Ser 2021 3 Cl A 3
10/21/2024 Var
10,978.020
23,187.750
99.1150
98.5800
96.0550
10,880.86
22,858.48
9,605.50
10,977.86
23,187.56
9,999.13
-97.00
-329.08
-393.63
0.1 0.2
0.1 42.81
440.57
126.00
0.39 1.93
1.31 Gm Fin Auto Lsng Tr - 36265MAC9
A B S Ser 2022 1 Cl A 3
1.900 03/20/2025
Gm Fin Cons Auto Rec - 380146AC4
A B S Ser 2022 1 Cl A3
1.260 11/16/2026
10,000.000
Item Title: 10.3
Treasurer's Report
Item Page Number: 64
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Gm Fin Cons Auto Rec Tr - 362554AC1
A B S Ser 2021 4 Cl A 3
0.680 09/16/2026
9,147.000 95.8440
96.0880
96.2330
98.1270
99.8090
8,766.85
91,283.60
8,813.82
6,268.05
236.80
9,146.77
91,381.76
9,156.89
6,387.57
237.23
-379.92
-98.16
-343.07
-119.52
-0.43
0.1 0.9
0.1 0.1
0.0 62.20
1,786.00
80.60 0.71
1.96 0.91
0.27 0.82
Honda Auto Rec Ownr Tr - 43815BAC4
A B S Ser 2022 1 Cl A 3
1.880 05/15/2026
95,000.000
Honda Auto Rec Ownr Tr 2021 4 - 43815GAC3
A B S Ser 2021 4 Cl A3
01/21/2026 Var
9,158.830
Honda Auto Receivables - 43813GAC5
A B S Ser 2021 1 Cl A3
0.270 04/21/2025
6,387.690 17.25
Honda Auto Receivables Owner - 43813DAC2
A B S Ser 2020 2 Cl A3
0.820 07/15/2024
237.250 1.95
Honda Auto Receivables Owner - 43813KAC6
A B S Ser 2020 3 Cl A3
0.370 10/18/2024
3,103.580 98.9920
93.3380
3,072.30 3,103.13 -30.83 0.0
1.2 11.48 0.37
2.68 Honeywell International - 438516BL9
2.500 11/01/2026
140,000.000 130,673.20 131,150.60 -477.40 3,500.00
Hyundai Auto Rec Tr - 44935FAD6
A B S Ser 2021 C Cl A3
0.740 05/15/2026
18,343.720 96.5060 17,702.79 18,080.86 -378.07 0.2 135.74 0.77 Item Title: 10.3
Treasurer's Report
Item Page Number: 65
Menifee Mayor and City Council
November 15, 2023
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CITY OF MENIFEE Page 16 of 37
ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Hyundai Auto Rec Tr - 448977AD0
A B S Ser 2022 A Cl A3
10/15/2026 Var
25,000.000 96.2860
98.1720
96.4170
99.1690
99.6090
96.8160
99.3010
97.4030
24,071.50
49,086.00
11,238.07
24,792.25
444.10
24,999.04
49,964.50
11,654.65
24,998.06
445.77
-927.54
-878.50
-416.58
-205.81
-1.67
0.2 0.5
0.1 0.2
0.0 0.1
0.2 0.1
555.00
225.00
60.61 2.31
0.46 0.54
5.13 0.51
2.40 5.04
3.84 John Deere Capital Corp - 24422EVN6
Medium Term Note
0.450 01/17/2024
50,000.000
John Deere Own - 47789QAC4
A B S Ser 2021 B Cl A 3
03/16/2026 Var
11,655.690
25,000.000
445.840
John Deere Owner - 47800BAC2
A B S Ser 2022 C Cl A 3
5.090 06/15/2027
1,272.50
2.27 John Deere Owner Tr - 47787NAC3
A B S Ser 2020 B Cl A3
11/15/2024 Var
John Deere Owner Tr - 47787JAC2
A B S Ser 2022 Cl A 3
09/15/2026 Var
10,000.000 9,681.60
19,860.20
14,610.45
9,997.79
19,996.36
14,998.57
-316.19
-136.16
-388.12
232.00
1,002.00
561.00
John Deere Owner Trust - 47800CAC0
A B S Ser 2023 A Cl A3
5.010 11/15/2027
20,000.000
John Deere Ownr Tr - 47800AAC4
A B S Ser 2022 B Cl A3
02/16/2027 Var
15,000.000
Item Title: 10.3
Treasurer's Report
Item Page Number: 66
Menifee Mayor and City Council
November 15, 2023
Page
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CITY OF MENIFEE Page 17 of 37
ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Jpmorgan Chase Co - 46625HRY8
02/01/2028 Var
70,000.000
40,000.000
20,000.000
12,000.000
35,000.000
94.4350
96.0270
95.8570
94.0580
95.5400
66,104.50
38,410.80
19,171.40
11,286.96
33,439.00
67,053.70
40,048.60
20,015.45
12,447.96
36,067.15
-949.20
-1,637.80
-844.05
0.6 0.4
0.2 0.1
0.3 2,647.40
329.60
193.80
249.96
700.00
4.00 0.86
1.01 2.21
2.09 Jpmorgan Chase Co - 46647PCH7
0.824 06/01/2025
Jpmorgan Chase Co - 46647PCK0
0.969 06/23/2025
Jpmorgan Chase Co - 46647PBK1
2.083 04/22/2026
-1,161.00
-2,628.15
Mastercard Inc - 57636QAN4
2.000 03/03/2025
Mercedes Benz Auto - 58770AAC7
A B S Ser 2023 1 Cl A3
4.510 11/15/2027
35,000.000
130,000.000
125,000.000
100,000.000
98.5780
97.5980
96.5010
98.9380
34,502.30
126,877.40
120,626.25
98,938.00
34,995.80
130,394.70
120,882.50
100,170.55
-493.50
-3,517.30
-256.25
0.3 1.2
1.1 0.9
1,578.50
5,265.00
3,906.25
5,050.00
4.57 4.15
3.24 5.10
Merck Co Inc - 58933YBH7
4.050 05/17/2028
Microsoft Corp - 594918BJ2
3.125 11/03/2025
Morgan Stanley - 61747YEZ4
5.050 01/28/2027
-1,232.55
Morgan Stanley Fr - 6174468Q5
Medium Term Note
2.188 04/28/2026
35,000.000 94.2450 32,985.75 33,013.20 -27.45 0.3 765.80 2.32 Item Title: 10.3
Treasurer's Report
Item Page Number: 67
Menifee Mayor and City Council
November 15, 2023
Page
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CITY OF MENIFEE Page 18 of 37
ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield National Rural Utils Coop Fin - 63743HFE7
Medium Term Note
3.450 06/15/2025
10,000.000 96.4160 9,641.60 9,997.30 -355.70 0.1 345.00 3.58 National Rural Utils Corp Fin - 63743HFH0
Medium Term Note
4.450 03/13/2026
70,000.000 98.2070
96.0340
68,744.90
14,405.10
69,950.30
14,975.70
-1,205.40
-570.60
0.6 0.1
3,115.00
600.00
4.53 4.16
Northern Tr Corp Sr Nt - 665859AW4
4.000 05/10/2027
15,000.000
Paccar Financial Corp - 69371RR73
Medium Term Note
2.850 04/07/2025
35,000.000 96.1730 33,660.55 34,990.90 -1,330.35 0.3 997.50 2.96 Paccar Financial Corp - 69371RS31
Medium Term Note
4.600 01/10/2028
100,000.000 99.1900
96.1140
98.1690
97.3570
95.3540
99,190.00
124,948.20
132,528.15
19,471.40
95,354.00
99,515.00
124,989.80
134,947.35
19,714.00
97,097.00
-325.00
-41.60
0.9 1.2
1.2 0.2
0.9 4,600.00
3,575.00
6,423.30
775.00
4.64 2.86
4.85 3.98
4.14 Pepsico Inc - 713448CT3
2.750 04/30/2025
130,000.000
Pnc Financial Services - 693475BL8
4.758 01/26/2027
135,000.000 -2,419.20
-242.60
Reality Income Corp - 756109AV6
3.875 04/15/2025
20,000.000
Realty Income Corp - 756109BG8
3.950 08/15/2027
100,000.000 -1,743.00 3,950.00
Item Title: 10.3
Treasurer's Report
Item Page Number: 68
Menifee Mayor and City Council
November 15, 2023
Page
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CITY OF MENIFEE Page 19 of 37
ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Salesforce Com Inc - 79466LAG9
0.625 07/15/2024
40,000.000
20,000.000
20,000.000
95.8800
97.3610
91.1730
38,352.00
19,472.20
18,234.60
39,628.55
19,990.00
19,966.00
-1,276.55
-517.80
0.4 0.2
0.2 250.00
150.00
390.00
0.65 0.77
2.14 Schwab Charles Corp - 808513BN4
0.750 03/18/2024
Target Corp - 87612EBM7
1.950 01/15/2027
-1,731.40
Toronto Dominion Bank - 89115A2C5
Medium Term Note
4.108 06/08/2027
40,000.000 95.5020
96.1320
97.4800
99.2920
98.0920
89.9520
38,200.80
66,478.87
24,370.00
1,828.73
39,866.00
65,126.08
24,583.98
1,841.43
-1,665.20
1,352.79
-213.98
-12.70
0.4 0.6
0.2 0.0
0.1 0.3
1,643.20
490.99
940.00
6.45 4.30
0.74 3.86
0.35 0.26
1.25 Toyota Auto Rec Own Tr - 89238JAC9
A B S Ser 2021 D Cl A 3
04/15/2026 Var
69,153.740
Toyota Auto Rec Own Tr - 89231CAD9
A B S Ser 2022 C Cl A 3
3.760 04/15/2027
25,000.000
Toyota Auto Receivables - 89236XAC0
A B S Ser 2020 D Cl A3
0.350 01/15/2025
1,841.770
Toyota Auto Recv Tr - 89240BAC2
A B S Ser 2021 A Cl A3
05/15/2025 Var
11,202.530
40,000.000
10,988.79
35,980.80
11,200.44
39,982.40
-211.65
-4,001.60
29.13 Toyota Mtr Cr Corp - 89236TJK2
Medium Term Note
1.125 06/18/2026
450.00
Item Title: 10.3
Treasurer's Report
Item Page Number: 69
Menifee Mayor and City Council
November 15, 2023
Page
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CITY OF MENIFEE Page 20 of 37
ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Toyota Mtr Cr Corp - 89236TJT3
Medium Term Note
1.450 01/13/2025
30,000.000
80,000.000
30,000.000
94.9420
98.9470
28,482.60
79,157.60
29,959.80
79,947.20
-1,477.20
-789.60
0.3 0.7
435.00 1.53
4.67 Toyota Mtr Cr Corp - 89236TKQ7
Medium Term Note
4.625 01/12/2028
3,700.00
Truist Finl Corp - 89788MAA0
Medium Term Note
1.200 08/05/2025
91.7510
90.4670
27,525.30
36,186.80
29,341.20
39,563.60
-1,815.90
-3,376.80
0.3 0.3
360.00
460.00
1.31 1.27
Unitedhealth Group Inc - 91324PEC2
1.150 05/15/2026
40,000.000
Verizon Master Tr - 92348KAV5
A B S Ser 2022 5 Cl A 1A
07/20/2027 Var
15,000.000 99.1660
96.2250
14,874.90
96,225.00
1,089.31
14,999.34
93,609.37
1,092.26
-124.44
2,615.63
-2.95
0.1 0.9
0.0 558.00
500.00
5.13 3.75
0.52 Verizon Master Trust - 92348KAA1
A B S Ser 2021 1 Cl A
0.500 05/20/2027
100,000.000
Verizon Owner Trust - 92290BAA9
A B S Ser 2020 B Cl A1a
02/20/2025 Var
1,092.490 99.7090
89.6200
0.47 1.17
Walmart Inc - 931142ER0
1.050 09/17/2026
10,000.000 8,962.00 9,981.10 -1,019.10 0.1 105.00
Total Corporate Issues $3,219,558.93 $3,298,676.82 -$79,117.89 30.2 $103,391.20 Item Title: 10.3
Treasurer's Report
Item Page Number: 70
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description
Foreign Issues
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost Bank Montreal Que - 06368D3S1
Medium Term Note
3.700 06/07/2025
75,000.000
40,000.000
96.5960
88.6310
72,447.00
35,452.40
73,120.50
39,951.60
-673.50 0.7
0.3 2,775.00
500.00
3.83 1.41
Bank Of Montreal - 06368FAC3
Medium Term Note
1.250 09/15/2026
-4,499.20
Inter American Devel Bk - 4581X0DV7
Medium Term Note
0.875 04/20/2026
75,000.000 90.6250
91.2230
67,968.75
68,417.25
74,656.50
74,670.05
-6,687.75
-6,252.80
0.6 0.6
656.25
375.00
0.97 0.55
International Bank M T N - 459058JL8
0.500 10/28/2025
75,000.000
International Finance Corp - 45950KDD9
Medium Term Note
4.500 07/13/2028
100,000.000 100.3210
97.3040
96.7380
98.5420
100,321.00
38,921.60
19,347.60
78,833.60
99,889.00
40,598.00
19,992.60
79,957.60
432.00
-1,676.40
-645.00
0.9 0.4
0.2 0.7
4,500.00
1,020.00
675.00
4.49 2.62
3.49 4.97
Royal Bank Of Canada - 78013XZU5
Medium Term Note
2.550 7/16/2024
40,000.000
Royal Bk Cda - 78016EZ59
Medium Term Note
3.375 04/14/2025
20,000.000
80,000.000
Royal Bk Cda - 78016FZW7
Medium Term Note
4.900 01/12/2028
-1,124.00 3,920.00
Item Title: 10.3
Treasurer's Report
Item Page Number: 71
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Toronto Dominion Bank - 89115A2K7
Medium Term Note
5.103 01/09/2026
80,000.000 99.2080 79,366.40 79,890.40 -524.00 0.7 4,082.40 5.14 Total Foreign Issues $561,075.60 $582,726.25 -$21,650.65 5.3 $18,503.65 Total Taxable Bonds $10,633,981.37
$10,657,528.69
$10,925,962.66
$10,949,509.98
-$291,981.29
-$291,981.29
99.8 $333,772.47
$334,996.60Total Assets 100.0
Estimated Current Yield 3.14
ASSET DETAIL MESSAGES
Time of trade execution and trading party (if not disclosed) will be provided upon request.
Publicly traded assets are valued in accordance with market quotations or valuation methodologies from financial industry services believed by us to be reliable. Assets that are not publicly traded may be reflected at values from other external sources. Assets for which a current value is not available may be reflected at a previous value or as not valued, at par value, or at a nominal value. Values shown do not necessarily reflect prices at which assets could be bought or sold. Values are updated based on internal policy and may be updated less frequently than statement generation.
Estimated Current Yield and Estimated Annual Income are estimates provided for informational purposes only and should not be relied on for making investment, trading, or tax decisions. The estimates may not represent the actual value earned by your investments and they provide no guarantee of what your investments may earn in the future.
Item Title: 10.3
Treasurer's Report
Item Page Number: 72
Menifee Mayor and City Council
November 15, 2023
Page
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
TRANSACTION DETAIL
Date
Posted Activity Description Cash Tax Cost
Beginning Balance 08/01/2023 $0.00 $10,927,237.20
08/01/23
08/01/23
08/02/23
08/07/23
08/14/23
08/14/23
08/15/23
08/15/23
08/15/23
08/15/23
08/15/23
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
Jpmorgan Chase Co 3.782% 2/01/28
0.01891 USD/$1 Pv On 70,000 Par Value Due 8/1/23
1,323.70
Interest Earned On
Federated Hermes Govt Obligs Is
Interest From 7/1/23 To 7/31/23
221.72
4,068.75
180.00
600.00
1,925.00
78.33 Interest Earned On
F F C B Deb 3.875% 2/02/26
0.019375 USD/$1 Pv On 210,000 Par Value Due 8/2/23
Interest Earned On
Truist Finl Corp Mtn 1.200% 8/05/25
0.006 USD/$1 Pv On 30,000 Par Value Due 8/5/23
Interest Earned On
F H L M C 1.500% 2/12/25
0.0075 USD/$1 Pv On 80,000 Par Value Due 8/12/23
Interest Earned On
F F C B Deb 1.750% 2/14/25
0.00875 USD/$1 Pv On 220,000 Par Value Due 8/14/23
Interest Earned On
Toyota Auto Rec 3.760% 4/15/27
$0.00313/Pv On 25,000.00 Pv Due 8/15/23
Interest Earned On
Honda Auto 0.820% 7/15/24
$0.00068/Pv On
0.38 551.39 Pv Due 8/15/23
Paid Down 314.14 Par Value Of
Honda Auto 0.820% 7/15/24
Trade Date 8/15/23
314.14
148.83
46.25 -314.12
Asset Income
Asset Income
Interest Earned On
Honda Auto Rec Own 1.880% 5/15/26
$0.00157/Pv On 95,000.00 Pv Due 8/15/23
Interest Earned On
Hyundai Auto Rec 2.220% 10/15/26
$0.00185/Pv On 25,000.00 Pv Due 8/15/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 73
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
08/15/23
08/15/23
08/15/23
08/15/23
08/15/23
08/15/23
08/15/23
08/15/23
08/15/23
08/15/23
08/15/23
Asset Income Interest Earned On
Hyundai Auto Rec Tr 0.740% 5/15/26
$0.00062/Pv On
12.06 19,556.88 Pv Due 8/15/23
Sale Paid Down 1,213.16 Par Value Of
Hyundai Auto Rec Tr 0.740% 5/15/26
Trade Date 8/15/23
1,213.16
19.33 0.30
-1,195.77
Asset Income
Asset Income
Sale
Interest Earned On
John Deere Owner 2.320% 9/15/26
$0.00193/Pv On 10,000.00 Pv Due 8/15/23
Interest Earned On
John Deere Owner 0.510% 11/15/24
$0.00042/Pv On 701.67 Pv Due 8/15/23
Paid Down 255.83 Par Value Of
John Deere Owner 0.510% 11/15/24
Trade Date 8/15/23
255.83
5.38 -255.79
-749.39
Asset Income
Sale
Interest Earned On
John Deere Own 0.520% 3/16/26
$0.00043/Pv On 12,405.15 Pv Due 8/15/23
Paid Down 749.46 Par Value Of
John Deere Own 0.520% 3/16/26
Trade Date 8/15/23
749.46
46.75 106.04
83.50 131.54
Asset Income
Asset Income
Asset Income
Asset Income
Interest Earned On
John Deere Ownr Tr 3.740% 2/16/27
$0.00312/Pv On 15,000.00 Pv Due 8/15/23
Interest Earned On
John Deere Owner 5.090% 6/15/27
$0.00424/Pv On 25,000.00 Pv Due 8/15/23
Interest Earned On
John Deere Owner 5.010% 11/15/27
$0.00418/Pv On 20,000.00 Pv Due 8/15/23
Interest Earned On
Mercedes Benz Auto 4.510% 11/15/27
$0.00376/Pv On 35,000.00 Pv Due 8/15/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 74
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
08/15/23
08/15/23
08/15/23
08/15/23
08/15/23
08/15/23
08/15/23
08/15/23
08/15/23
08/15/23
08/16/23
Asset Income Interest Earned On
Toyota Auto 0.350% 1/15/25
$0.00029/Pv On
0.70 2,406.27 Pv Due 8/15/23
Sale Paid Down 564.5 Par Value Of
Toyota Auto 0.350% 1/15/25
Trade Date 8/15/23
564.50
43.36 -564.39
Asset Income
Sale
Interest Earned On
Toyota Auto Rec 0.710% 4/15/26
$0.00059/Pv On 73,279.45 Pv Due 8/15/23
Paid Down 4,125.71 Par Value Of
Toyota Auto Rec 0.710% 4/15/26
Trade Date 8/15/23
4,125.71
2.73 -3,885.42
-1,402.69
Asset Income
Sale
Interest Earned On
Toyota Auto Recv 0.260% 5/15/25
$0.00022/Pv On 12,605.48 Pv Due 8/15/23
Paid Down 1,402.95 Par Value Of
Toyota Auto Recv 0.260% 5/15/25
Trade Date 8/15/23
1,402.95
1,975.00
2,250.00
890.63
1,031.25
5.48 Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Interest Earned On
Realty Income Corp 3.950% 8/15/27
0.01975 USD/$1 Pv On 100,000 Par Value Due 8/15/23
Interest Earned On
U S Treasury Nt 2.250% 2/15/27
0.01125 USD/$1 Pv On 200,000 Par Value Due 8/15/23
Interest Earned On
U S Treasury Nt 2.375% 8/15/24
0.011875 USD/$1 Pv On 75,000 Par Value Due 8/15/23
Interest Earned On
U S Treasury Nt 2.750% 2/15/24
0.01375 USD/$1 Pv On 75,000 Par Value Due 8/15/23
Interest Earned On
Gm Fin Cons Auto 0.680% 9/16/26
$0.00057/Pv On 9,662.03 Pv Due 8/16/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 75
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
08/16/23
08/16/23
08/18/23
08/18/23
08/18/23
Sale Paid Down 515.03 Par Value Of
Gm Fin Cons Auto 0.680% 9/16/26
Trade Date 8/16/23
515.03 -515.02
Asset Income
Asset Income
Sale
Interest Earned On
Gm Fin Cons Auto 1.260% 11/16/26
10.50 1.18
$0.00105/Pv On 10,000.00 Pv Due 8/16/23
Interest Earned On
Honda Auto 0.370% 10/18/24
$0.00031/Pv On 3,832.65 Pv Due 8/18/23
Paid Down 729.07 Par Value Of
Honda Auto 0.370% 10/18/24
Trade Date 8/18/23
729.07 -728.96
Purchase Purchased 75,000 Par Value Of
F F C B Deb 4.250% 8/07/28
Trade Date 8/17/23
-74,100.00 74,100.00
Purchased Through Rbc Capital Markets, LLC
Purchased On The Marketaxess Corporation
Swift External Ref#: 8322903133983003
75,000 Par Value At 98.8 %
08/18/23
08/21/23
08/21/23
08/21/23
08/21/23
Purchase Accrued Interest
Asset Income
Sale
Paid Accrued Interest On Purchase Of
F F C B Deb 4.250% 8/07/28
Income Debit 97.40- USD
-97.40
39.58Interest Earned On
Gm Fin Auto Lsng Tr 1.900% 3/20/25
$0.00158/Pv On 25,000.00 Pv Due 8/20/23
Paid Down 1,812.25 Par Value Of
Gm Fin Auto Lsng Tr 1.900% 3/20/25
Trade Date 8/20/23
1,812.25
4.32 -1,812.23
-2,304.58
Asset Income
Sale
Interest Earned On
Gm Fin Auto Lsng 0.390% 10/21/24
$0.00033/Pv On 13,282.63 Pv Due 8/20/23
Paid Down 2,304.61 Par Value Of
Gm Fin Auto Lsng 0.390% 10/21/24
Trade Date 8/20/23
2,304.61
Item Title: 10.3
Treasurer's Report
Item Page Number: 76
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
08/21/23
08/21/23
08/21/23
08/21/23
08/21/23
08/21/23
08/21/23
08/21/23
08/23/23
08/25/23
08/25/23
Asset Income Interest Earned On
Honda Auto 0.270% 4/21/25
$0.00023/Pv On
1.62 7,212.56 Pv Due 8/21/23
Sale Paid Down 824.87 Par Value Of
Honda Auto 0.270% 4/21/25
Trade Date 8/21/23
824.87
7.15 -824.86
Asset Income
Sale
Interest Earned On
Honda Auto Rec 0.880% 1/21/26
$0.00073/Pv On 9,749.02 Pv Due 8/21/23
Paid Down 590.19 Par Value Of
Honda Auto Rec 0.880% 1/21/26
Trade Date 8/21/23
590.19
0.86 -590.07
Asset Income
Sale
Interest Earned On
Verizon Owner 0.470% 2/20/25
$0.00039/Pv On 2,183.51 Pv Due 8/20/23
Paid Down 1,091.02 Par Value Of
Verizon Owner 0.470% 2/20/25
Trade Date 8/20/23
1,091.02
41.67 -1,090.79
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Interest Earned On
Verizon Master 0.500% 5/20/27
$0.00042/Pv On 100,000.00 Pv Due 8/20/23
Interest Earned On
Verizon Master Tr 3.720% 7/20/27
$0.00310/Pv On
46.50 15,000.00 Pv Due 8/20/23
Interest Earned On
Apple Inc 3.250% 2/23/26
0.01625 USD/$1 Pv On 100,000 Par Value Due 8/23/23
1,625.00
164.20
40.51 Interest Earned On
F H L M C Mltcl Mt 3.284% 6/25/25
0.002737 USD/$1 Pv On 60,000 Par Value Due 8/25/23
Interest Earned On
F H L M C Mltcl Mtg 3.241% 9/25/24
$0.00270/Pv On 15,000.00 Pv Due 8/25/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 77
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
08/25/23
08/25/23
08/25/23
08/25/23
08/25/23
08/25/23
08/25/23
08/25/23
08/25/23
08/25/23
08/25/23
Asset Income Interest Earned On
F H L B Gtd Remic 3.171% 10/25/24
$0.00264/Pv On
92.49 35,000.00 Pv Due 8/25/23
Sale Paid Down 61.19 Par Value Of
F H L B Gtd Remic 3.171% 10/25/24
Trade Date 8/25/23
61.19 33.38
-65.82
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Interest Earned On
F H L M C Mltcl Mtg 2.670% 12/25/24
$0.00223/Pv On 15,000.00 Pv Due 8/25/23
Interest Earned On
F H L M C Mltcl Mtg 3.329% 5/25/25
$0.00277/Pv On
97.10 35,000.00 Pv Due 8/25/23
Interest Earned On
F H L M C Mltcl Mt 3.334% 8/25/25
$0.00278/Pv On
69.46 25,000.00 Pv Due 8/25/23
Interest Earned On
F H L M C Mltcl Mtg 2.995% 12/25/25
$0.00250/Pv On 125,000.00 Pv Due 8/25/23
311.98
160.13
252.50
276.35
199.09
200.08
Interest Earned On
F H L M C Mltcl Mtg 2.745% 1/25/26
$0.00229/Pv On 70,000.00 Pv Due 8/25/23
Interest Earned On
F H L M C Mltcl Mtg 2.525% 5/25/26
$0.00210/Pv On 120,000.00 Pv Due 8/25/23
Interest Earned On
F H L M C Mltcl Mt 2.653% 8/25/26
$0.00221/Pv On 125,000.00 Pv Due 8/25/23
Interest Earned On
F H L M C Mltcl Mtg 3.413% 12/25/26
$0.00284/Pv On 70,000.00 Pv Due 8/25/23
Interest Earned On
F H L M C Mltcl Mt 3.430% 1/25/27
$0.00286/Pv On 70,000.00 Pv Due 8/25/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 78
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
08/25/23
08/25/23
08/25/23
08/25/23
08/25/23
08/25/23
08/25/23
08/25/23
08/25/23
08/25/23
08/25/23
Asset Income Interest Earned On
F H L M C Mltcl Mt 3.064% 8/25/24
$0.00255/Pv On
49.26 19,292.08 Pv Due 8/25/23
Sale Paid Down 27.63 Par Value Of
F H L M C Mltcl Mt 3.064% 8/25/24
Trade Date 8/25/23
27.63 82.58
263.02
473.00
6.61 -28.11
Asset Income
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
F H L M C Mltcl Mt 3.303% 11/25/27
$0.00275/Pv On 30,000.00 Pv Due 8/25/23
Interest Earned On
F H L M C Mltcl Mt 2.525% 10/25/26
$0.00210/Pv On 125,000.00 Pv Due 8/25/23
Interest Earned On
Bmw Vehicle Lease 5.160% 11/25/25
$0.00430/Pv On 110,000.00 Pv Due 8/25/23
Interest Earned On
Bmw Vehicle Lease 1.100% 3/25/25
$0.00092/Pv On 7,214.18 Pv Due 8/25/23
Paid Down 847.27 Par Value Of
Bmw Vehicle Lease 1.100% 3/25/25
Trade Date 8/25/23
847.27
40.13 0.98
-847.14
Asset Income
Asset Income
Sale
Interest Earned On
Bmw Veh Owner Tr 3.210% 8/25/26
$0.00268/Pv On 15,000.00 Pv Due 8/25/23
Interest Earned On
Bmw Vehicle Lease 0.330% 12/26/24
$0.00027/Pv On 3,578.49 Pv Due 8/25/23
Paid Down 755.65 Par Value Of
Bmw Vehicle Lease 0.330% 12/26/24
Trade Date 8/25/23
755.65
140.63
-755.57
Asset Income Interest Earned On
F N M A 0.375% 8/25/25
0.001875 USD/$1 Pv On 75,000 Par Value Due 8/25/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 79
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
08/31/23
08/31/23
Asset Income Interest Earned On
U S Treasury Nt 2.500% 2/28/26
0.0125 USD/$1 Pv On 75,000 Par Value Due 8/31/23
937.50
Asset Income Interest Earned On 1,250.00
U S Treasury Nt 3.125% 8/31/27
0.015625 USD/$1 Pv On 80,000 Par Value Due 8/31/23
Purchase
Sale
Combined Purchases For The Period 8/ 1/23 - 8/31/23 Of
Federated Hermes Govt Obligs Is
-40,300.90
74,197.40
40,300.90
-74,197.40Combined Sales For The Period 8/ 1/23 - 8/31/23 Of Federated Hermes Govt Obligs Is
Ending Balance 08/31/2023 $0.00 $10,949,509.98
Item Title: 10.3
Treasurer's Report
Item Page Number: 80
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
SALE/MATURITY SUMMARY
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
Taxable Bonds
Bmw Vehicle Lease Trust
0.330 12/26/2024
09690AAC7
08/25/23 Paid Down 755.65
Par Value
-755.57 755.65 0.08
Trade Date 8/25/23
Bmw Vehicle Lease Trust 2022 1
A B S Ser 2022 1 Cl A3
03/25/2025
BVL1325
Var
08/25/23 Paid Down 847.27
Par Value
Trade Date 8/25/23
-847.14
-65.82
-28.11
847.27
61.19 27.63
0.13 -4.63
-0.48
F H L B Gtd R E M I C Pass Thru
C M O Ser K041 Cl A2
3.171 10/25/2024
3137BFE98
08/25/23 Paid Down 61.19 Par
Value
Trade Date 8/25/23
F H L M C Multiclass Mtg Partn
C M O Ser K728 Cl A2
08/25/2024
FHL3024
Var
08/25/23 Paid Down 27.63 Par
Value
Trade Date 8/25/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 81
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
Gm Fin Auto Lsng Tr
A B S Ser 2021 3 Cl A 3
10/21/2024
GFA0324A
Var
08/21/23
08/21/23
08/16/23
Paid Down 2,304.61
Par Value
Trade Date 8/20/23
-2,304.58 2,304.61 0.03
Gm Fin Auto Lsng Tr
A B S Ser 2022 1 Cl A 3
1.900 03/20/2025
GFA1925
Paid Down 1,812.25
Par Value
Trade Date 8/20/23
-1,812.23
-515.02
-590.07
1,812.25
515.03
590.19
0.02 0.01
0.12 Gm Fin Cons Auto Rec Tr
A B S Ser 2021 4 Cl A 3
0.680 09/16/2026
GFC0626
Paid Down 515.03
Par Value
Trade Date 8/16/23
Honda Auto Rec Ownr Tr 2021 4
A B S Ser 2021 4 Cl A3
01/21/2026
HAR0826
Var
08/21/23 Paid Down 590.19
Par Value
Trade Date 8/21/23
Item Title: 10.3
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Item Page Number: 82
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
Honda Auto Receivables
A B S Ser 2021 1 Cl A3
0.270 04/21/2025
43813GAC5
08/21/23 Paid Down 824.87
Par Value
-824.86 824.87 0.01
Trade Date 8/21/23
Honda Auto Receivables Owner
A B S Ser 2020 2 Cl A3
0.820 07/15/2024
43813DAC2
08/15/23 Paid Down 314.14
Par Value
Trade Date 8/15/23
-314.12
-728.96
314.14
729.07
0.02 0.11
Honda Auto Receivables Owner
A B S Ser 2020 3 Cl A3
0.370 10/18/2024
HA00324
08/18/23 Paid Down 729.07
Par Value
Trade Date 8/18/23
Hyundai Auto Rec Tr
A B S Ser 2021 C Cl A3
0.740 05/15/2026
HAR0726
08/15/23 Paid Down 1,213.16
Par Value
-1,195.77 1,213.16 17.39
Trade Date 8/15/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 83
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
John Deere Own
A B S Ser 2021 B Cl A 3
03/16/2026
JDO0926
Var
08/15/23
08/15/23
08/15/23
08/15/23
Paid Down 749.46
Par Value
Trade Date 8/15/23
-749.39 749.46 0.07
John Deere Owner Tr
A B S Ser 2020 B Cl A3
11/15/2024
JDO0524
Var
Paid Down 255.83
Par Value
Trade Date 8/15/23
-255.79
-3,885.42
-564.39
255.83
4,125.71
564.50
0.04 240.29
0.11 Toyota Auto Rec Own Tr
A B S Ser 2021 D Cl A 3
04/15/2026
TAR0726
Var
Paid Down 4,125.71
Par Value
Trade Date 8/15/23
Toyota Auto Receivables
A B S Ser 2020 D Cl A3
0.350 01/15/2025
TA00325
Paid Down 564.5 Par
Value
Trade Date 8/15/23
Item Title: 10.3
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Item Page Number: 84
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
Toyota Auto Recv Tr
A B S Ser 2021 A Cl A3
05/15/2025
TAR0325A
Var
08/15/23
08/21/23
Paid Down 1,402.95
Par Value
Trade Date 8/15/23
-1,402.69 1,402.95 0.26
Verizon Owner Trust
A B S Ser 2020 B Cl A1a
02/20/2025
VO00425
Var
Paid Down 1,091.02
Par Value
-1,090.79 1,091.02 0.23
Trade Date 8/20/23
Total Taxable Bonds -$17,930.72
-$17,930.72
$18,184.53
$18,184.53
$253.81
$253.81Total Sales & Maturities
SALE/MATURITY SUMMARY MESSAGES
Estimated Year-To-Date Short-Term Gain (Loss): $922.96
Estimated Year-To-Date Long-Term Gain (Loss): ($6,709.72) Estimates should not be used for tax purposes
Item Title: 10.3
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Item Page Number: 85
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
BOND SUMMARY
Percentage of
Par Value Market Value Category
MATURITY
2023
2024
2025
2026
2027
2028
80,000.00
1,996,790.79
2,790,079.14
2,489,458.98
2,000,000.00
1,695,000.00
79,664.40
1,963,045.98
2,656,187.33
2,342,465.01
1,935,442.30
1,657,176.35
0.74 18.47
24.98 22.03
18.20 15.58
Total of Category $11,051,328.91 $10,633,981.37 100.00
MOODY'S RATING
Aaa
Aa2
Aa3
A1
A2
A3
7,190,337.91
55,000.00
6,935,898.75
50,661.70
65.23 0.48
0.80 11.89
7.37 4.25
90,000.00 85,264.95
1,312,000.00
825,000.00
465,000.00
1,264,894.51
784,157.20
451,544.45
Item Title: 10.3
Treasurer's Report
Item Page Number: 86
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
BOND SUMMARY (continued)
Percentage of
Par Value Market Value Category
N/A 1,113,991.00 1,061,559.81 9.98
Total of Category $11,051,328.91 $10,633,981.37 100.00
S&P RATING
AAA
AA+
AA
A+
A
A-
924,171.99
3,135,000.00
115,000.00
695,000.00
750,000.00
1,187,000.00
4,245,156.92
891,414.47
3,050,993.95
104,883.70
669,566.45
725,476.35
1,136,596.31
4,055,050.14
8.38 28.69
0.99 6.30
6.82 10.69
38.13N/A
Total of Category $11,051,328.91 $10,633,981.37 100.00
BOND SUMMARY MESSAGES
Data contained within this section excluded Mutual Funds, Exchange Traded Funds, and Closed-Ended Funds.
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Glossary
Accretion - The accumulation of the value of a discounted bond until maturity.
Adjusted Prior Market Realized Gain/Loss - The difference between the proceeds and the Prior Market Value of the transaction.
Adjusted Prior Market Unrealized Gain/Loss - The difference between the Market Value and the Adjusted Prior Market Value.
Adjusted Prior Market Value - A figure calculated using the beginning Market Value for the fiscal year, adjusted for all asset related transactions during the period, employing an average cost methodology.
Amortization - The decrease in value of a premium bond until maturity.
Asset - Anything owned that has commercial exchange value. Assets may consist of specific property or of claims against others, in contrast to obligations due to others (liabilities).
Bond Rating - A measurement of a bond's quality based upon the issuer's financial condition. Ratings are assigned by independent rating services, such as Moody's, or S&P, and reflect their opinion of the issuer's ability to meet the scheduled interest and principal repayments for the bond.
Cash - Cash activity that includes both income and principal cash categories.
Change in Unrealized Gain/Loss - Also reported as Gain/Loss in Period in the Asset Detail section.
This figure shows the market appreciation (depreciation) for the current period.
Cost Basis (Book Value) - The original price of an asset, normally the purchase price or appraised value at the time of acquisition. Book Value method maintains an average cost for each asset.
Cost Basis (Tax Basis) - The original price of an asset, normally the purchase price or appraised value at the time of acquisition. Tax Basis uses client determined methods such as Last-In-First-Out (LIFO), First-In-First-Out (FIFO), Average, Minimum Gain, and Maximum Gain.
Ending Accrual - (Also reported as Accrued Income) Income earned but not yet received, or expenses incurred but not yet paid, as of the end of the reporting period.
Estimated Annual Income - The amount of income a particular asset is anticipated to earn over the next year. The shares multiplied by annual income rate.
Estimated Current Yield - The annual rate of return on an investment expressed as a percentage. For stocks, yield is calculated by taking the annual dividend payments divided by the stock's current share price. For bonds, yield is calculated by the coupon rate divided by the bond's market price.
Ex-Dividend Date - (Also reported as Ex-Date) For stock trades, the person who owns the security on the ex-dividend date will earn the dividend, regardless of who currently owns the stock.
Income Cash - A category of cash comprised of ordinary earnings derived from investments, usually dividends and interest.
Market Value - The price per unit multiplied by the number of units.
Maturity Date - The date on which an obligation or note matures.
Payable Date - The date on which a dividend, mutual fund distribution, or interest on a bond will be made.
Principal Cash - A category of cash comprised of cash, deposits, cash withdrawals and the cash flows generated from purchases or sales of investments.
Realized Gain/Loss Calculation - The Proceeds less the Cost Basis of a transaction.
Settlement Date - The date on which a trade settles and cash or securities are credited or debited to the account.
Trade Date - The date a trade is legally entered into.
Unrealized Gain/Loss - The difference between the Market Value and Cost Basis at the end of the current period.
Yield on/at Market - The annual rate of return on an investment expressed as a percentage. For stocks, yield is calculated by the annual dividend payments divided by the stock's current share price.
For bonds, yield is calculated by the coupon rate divided by the bond's market price.
The terms defined in this glossary are only for use when reviewing your account statement. Please contact your Relationship Manager with any questions.
Item Title: 10.3
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Item Page Number: 89
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QUESTIONS? ACCOUNT NUMBER:
If you have any questions regarding your account or this statement, please contact your Administrator. CITY OF MENIFEE
KATHERINE ARTISHON
EP-MN-WS4E
60 LIVINGSTON AVE.
ST PAUL MN 55107
E-mail [email protected]
Portfolio Manager:
TS PRT RC #1 - AUTO
CN-OH-W6TC
This statement is for the period from September 1, 2023 to September 30, 2023 000016733 06 SP
CITY OF MENIFEE
000638565891767 S
FINANCE DEPARTMENT
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
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Treasurer's Report
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TABLE OF CONTENTS
Schedule Page
Market Value Summary ........................................................................................
Asset Summary ....................................................................................................
Income Summary ..................................................................................................
Cash Summary .....................................................................................................
Asset Detail ...........................................................................................................
Transaction Detail .................................................................................................
Sale/Maturity Summary .........................................................................................
Bond Summary ..................................................................................................... 1 2
3 4
5 23
34 41
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Treasurer's Report
Item Page Number: 93
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023
MARKET VALUE SUMMARY
Current Period
09/01/23 to 09/30/23
Beginning Market Value $10,657,528.69
Taxable Interest 24,550.73
-2,206.11
359.15
Long Term Gains/Losses
Short Term Gains/Losses
Change in Investment Value -61,157.68
Ending Market Value $10,619,074.78
Item Title: 10.3
Treasurer's Report
Item Page Number: 94
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023
ASSET SUMMARY
Current Period
Market Value
% of
Total
Estimated
Annual IncomeAssets
Cash & Equivalents
Taxable Bonds
7,451.78 0.10 387.84
10,611,623.00 99.90 339,069.21
Total Market Value $10,619,074.78 100.00 $339,457.05
Item Title: 10.3
Treasurer's Report
Item Page Number: 95
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023
INCOME SUMMARY
Income Received
Current Period
Taxable Interest 24,550.73
Total Current Period Income $24,550.73
Item Title: 10.3
Treasurer's Report
Item Page Number: 96
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023
CASH SUMMARY
Cash
$0.00Beginning Cash 09/01/2023
Taxable Interest
Purchases
24,550.73
-704,289.17
663,642.90
16,095.54
Sales
Net Money Market Activity
Ending Cash 09/30/2023 $0.00
Item Title: 10.3
Treasurer's Report
Item Page Number: 97
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023
ASSET DETAIL
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost Cash & Equivalents
Cash/Money Market
Federated Hermes Govt Obligs Is - 60934N104
#5
7,451.780 1.0000 7,451.78 7,451.78 0.00 0.1 387.84 5.20 Total Cash/Money Market $7,451.78 $7,451.78 $0.00 0.1 $387.84 Total Cash & Equivalents $7,451.78 $7,451.78 $0.00 0.1 $387.84 Taxable Bonds
US Government Issues
F H L B Gtd R E M I C Pass Thru - 3137BFE98
C M O Ser K041 Cl A2
3.171 10/25/2024
34,863.150 97.3960
95.0520
91.9100
91.1760
33,955.31
76,041.60
73,528.00
68,382.00
37,502.40
79,938.40
79,736.00
74,777.85
-3,547.09
-3,896.80
-6,208.00
-6,395.85
0.3 0.7
0.7 0.6
1,105.51
1,200.00
300.00
3.26 1.58
0.41 0.41
F H L M C - 3137EAEP0
1.500 02/12/2025
80,000.000
F H L M C M T N - 3137EAEU9
0.375 07/21/2025
80,000.000
F H L M C M T N - 3137EAEX3
0.375 09/23/2025
75,000.000 281.25
F H L M C Multiclass Mtg Partn - 3137BEVH4
C M O Ser K040 Cl A2
3.241 09/25/2024
15,000.000 97.7100 14,656.50 15,792.19 -1,135.69 0.1 486.15 3.32 Item Title: 10.3
Treasurer's Report
Item Page Number: 98
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost F H L M C Multiclass Mtg Partn - 3137BFXT3
C M O Ser K042 Cl A2
2.670 12/25/2024
15,000.000 96.6370
96.5840
96.4580
96.2660
95.1710
94.4700
93.3650
93.0550
14,495.55
33,804.40
57,874.80
24,066.50
118,963.75
66,129.00
112,038.00
116,318.75
15,140.63
35,973.44
63,807.81
26,792.97
121,166.99
67,000.39
116,042.97
118,955.08
-645.08
-2,169.04
-5,933.01
-2,726.47
-2,203.24
-871.39
0.1 0.3
0.5 0.2
1.1 0.6
1.1 1.1
400.50
1,165.15
1,970.40
833.50
2.76 3.45
3.40 3.46
3.15 2.91
2.70 2.85
F H L M C Multiclass Mtg Partn - 3137BKRJ1
C M O Ser K047 Cl A2
3.329 05/25/2025
35,000.000
F H L M C Multiclass Mtg Partn - 3137BLAC2
C M O Ser K048 Cl A2
06/25/2025 Var
60,000.000
F H L M C Multiclass Mtg Partn - 3137BLW95
C M O Ser K050 Cl A2
08/25/2025 Var
25,000.000
F H L M C Multiclass Mtg Partn - 3137BN6G4
C M O Ser K053 Cl A2
2.995 12/25/2025
125,000.000 3,743.75
1,921.50
3,030.00
3,316.25
F H L M C Multiclass Mtg Partn - 3137BNGT5
C M O Ser K054 Cl A2
2.745 01/25/2026
70,000.000
F H L M C Multiclass Mtg Partn - 3137BQYS0
C M O Ser K056 Cl A2
2.525 05/25/2026
120,000.000 -4,004.97
-2,636.33
F H L M C Multiclass Mtg Partn - 3137BSP72
C M O Ser K058 Cl A2
2.653 08/25/2026
125,000.000
Item Title: 10.3
Treasurer's Report
Item Page Number: 99
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost F H L M C Multiclass Mtg Partn - 3137BUX60
C M O Ser K062 Cl A2
3.413 12/25/2026
70,000.000 94.5990
94.6220
93.2050
97.8700
66,219.30
66,235.40
27,961.50
18,826.99
67,716.80
67,711.33
28,566.80
19,573.39
-1,497.50
-1,475.93
-605.30
0.6 0.6
0.3 0.2
2,389.10
2,401.00
990.90
3.61 3.63
3.54 3.13
F H L M C Multiclass Mtg Partn - 3137BVZ82
C M O Ser K063 Cl A2
01/25/2027 Var
70,000.000
F H L M C Multiclass Mtg Partn - 3137FCJK1
C M O Ser K070 Cl A2
11/25/2027 Var
30,000.000
F H L M C Multiclass Mtg Partn - 3137FBTA4
C M O Ser K728 Cl A2
08/25/2024 Var
19,236.730 -746.40 589.41
F H L M C Multiclass Mtg Partn - 3137FQXJ7
C M O Ser K737 Cl A2
2.525 10/25/2026
125,000.000 92.4770
91.4690
92.4600
90.9380
95.4330
115,596.25
68,601.75
64,722.00
59,109.70
62,031.45
117,695.31
74,807.25
69,954.40
64,767.30
66,319.45
-2,099.06
-6,205.50
-5,232.40
-5,657.60
-4,288.00
1.1 0.6
0.6 0.6
0.6 3,156.25
281.25
2.73 0.41
0.54 0.55
1.70 F N M A - 3135G05X7
0.375 08/25/2025
75,000.000
F N M A - 3135G04Z3
0.500 06/17/2025
70,000.000 350.00
F N M A - 3135G06G3
0.500 11/07/2025
65,000.000 325.00
F N M A - 3135G0X24
1.625 01/07/2025
65,000.000 1,056.25
Item Title: 10.3
Treasurer's Report
Item Page Number: 100
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost F N M A - 3135G0W66
1.625 10/15/2024
70,000.000
65,000.000
96.1470
93.0640
95.1860
97.1590
96.2570
97.6280
98.5000
99.1550
98.8820
95.8930
67,302.90
60,491.60
209,409.20
204,033.90
144,385.50
73,221.00
132,975.00
94,197.25
207,652.20
33,562.55
69,880.30
64,866.10
209,231.00
209,202.00
150,753.00
74,100.00
134,434.35
93,915.10
210,676.20
37,003.05
-2,577.40
-4,374.50
178.20
0.6 0.6
2.0 1.9
1.4 0.7
1.3 0.9
2.0 0.3
1,137.50
406.25
1.69 0.67
1.84 3.99
4.03 4.35
4.44 4.54
4.68 2.48
F N M A Deb - 3135G03U5
0.625 04/22/2025
Federal Farm Credit Bks - 3133ENPG9
1.750 02/14/2025
220,000.000 3,850.00
8,137.50
5,812.50
3,187.50
5,906.25
4,275.00
9,712.50
831.25
Federal Farm Credit Bks - 3133EN7J3
3.875 02/02/2026
210,000.000 -5,168.10
-6,367.50
-879.00
Federal Farm Credit Bks - 3133EPGW9
3.875 04/25/2028
150,000.000
Federal Farm Credit Bks - 3133EPSK2
4.250 08/07/2028
75,000.000
Federal Farm Credit Bks - 3133ENS43
4.375 10/17/2024
135,000.000 -1,459.35
282.15
Federal Farm Credit Bks - 3133EPWK7
4.500 09/22/2028
95,000.000
Federal Farm Credit Bks - 3133EN3M0
4.625 12/05/2024
210,000.000 -3,024.00
-3,440.50
Federal Home Loan Bks - 3130A4CH3
2.375 03/14/2025
35,000.000
Item Title: 10.3
Treasurer's Report
Item Page Number: 101
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost Federal Home Loan Bks - 3130A1XJ2
2.875 06/14/2024
80,000.000 98.0840
97.5570
98.2530
98.5570
99.4620
99.0680
94.3790
91.0000
90.6760
90.6060
78,467.20
204,869.70
196,506.00
221,753.25
188,977.80
208,042.80
75,503.20
63,700.00
68,007.00
63,424.20
83,460.80
209,960.10
204,274.00
223,860.00
196,165.50
210,808.50
79,083.21
68,476.95
73,986.33
68,744.92
-4,993.60
-5,090.40
-7,768.00
-2,106.75
-7,187.70
-2,765.70
-3,580.01
-4,776.95
-5,979.33
-5,320.72
0.7 1.9
1.9 2.1
1.8 2.0
0.7 0.6
0.6 0.6
2,300.00
6,037.50
8,500.00
9,843.75
8,550.00
9,712.50
2,500.00
175.00
2.93 2.95
4.33 4.44
4.52 4.67
3.31 0.27
0.28 0.41
Federal Home Loan Bks - 3130A2UW4
2.875 09/13/2024
210,000.000
Federal Home Loan Bks - 3130ATUS4
4.250 12/10/2027
200,000.000
Federal Home Loan Bks - 3130AWTR1
4.375 09/08/2028
225,000.000
Federal Home Loan Bks - 3130ATS57
4.500 03/10/2028
190,000.000
Federal Home Loan Bks - 3130ATUR6
4.625 12/13/2024
210,000.000
U S Treasury Note - 91282CFH9
08/31/2027
80,000.000
70,000.000
75,000.000
70,000.000
U S Treasury Note - 91282CAM3
0.250 09/30/2025
U S Treasury Note - 91282CAT8
0.250 10/31/2025
187.50
U S Treasury Note - 91282CAZ4
0.375 11/30/2025
262.50
Item Title: 10.3
Treasurer's Report
Item Page Number: 102
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost U S Treasury Note - 91282CCZ2
0.875 09/30/2026
120,000.000
200,000.000
60,000.000
220,000.000
200,000.000
65,000.000
75,000.000
75,000.000
75,000.000
75,000.000
89.2340
90.9920
95.0940
91.9810
92.2770
96.6760
97.3560
94.5550
99.0000
96.1990
107,080.80
181,984.00
57,056.40
202,358.20
184,554.00
62,839.40
73,017.00
70,916.25
74,250.00
72,149.25
118,806.25
184,765.63
58,392.18
206,860.16
188,710.94
66,470.12
78,325.20
72,123.05
76,482.42
72,902.34
-11,725.45
-2,781.63
-1,335.78
-4,501.96
-4,156.94
-3,630.72
-5,308.20
-1,206.80
-2,232.42
-753.09
1.0 1.7
0.5 1.9
1.7 0.6
0.7 0.7
0.7 0.7
1,050.00
3,250.00
1,050.00
4,400.00
4,500.00
1,462.50
1,781.25
1,875.00
2,062.50
2,062.50
0.98 1.79
1.84 2.17
2.44 2.33
2.44 2.64
2.78 2.86
U S Treasury Note - 912828YQ7
1.625 10/31/2026
U S Treasury Note - 91282CED9
1.750 03/15/2025
U S Treasury Note - 912828U24
2.000 11/15/2026
U S Treasury Note - 912828V98
2.250 02/15/2027
U S Treasury Note - 9128283D0
2.250 10/31/2024
U S Treasury Note - 912828D56
2.375 08/15/2024
U S Treasury Note - 9128286F2
2.500 02/28/2026
U S Treasury Note - 912828B66
2.750 02/15/2024
U S Treasury Note - 91282CEQ0
2.750 05/15/2025
Item Title: 10.3
Treasurer's Report
Item Page Number: 103
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November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost U S Treasury Note - 91282CFB2
2.750 07/31/2027
15,000.000
220,000.000
215,000.000
215,000.000
215,000.000
220,000.000
190,000.000
200,000.000
200,000.000
93.1520
96.3670
95.0120
95.3130
95.8440
97.9180
97.8440
97.9180
97.8710
13,972.80
212,007.40
204,275.80
204,922.95
206,064.60
215,419.60
185,903.60
195,836.00
195,742.00
14,745.70
214,345.31
213,216.60
210,498.44
211,951.37
220,042.97
187,209.38
202,359.38
202,382.81
-772.90
-2,337.91
-8,940.80
-5,575.49
-5,886.77
-4,623.37
-1,305.78
-6,523.38
-6,640.81
0.1 2.0
1.9 1.9
1.9 2.0
1.8 1.8
1.8 412.50
6,600.00
6,987.50
7,525.00
7,793.75
8,800.00
7,837.50
8,250.00
8,250.00
2.95 3.11
3.42 3.67
3.78 4.08
4.22 4.21
4.21 U S Treasury Note - 91282CEY3
3.000 07/15/2025
U S Treasury Note - 91282CEW7
3.250 06/30/2027
U S Treasury Note - 91282CHA2
3.500 04/30/2028
U S Treasury Note - 91282CHE4
3.625 05/31/2028
U S Treasury Note - 91282CGA3
4.000 12/15/2025
U S Treasury Note - 91282CHQ7
4.125 07/31/2028
U S Treasury Note - 91282CFM8
4.125 09/30/2027
U S Treasury Note - 91282CFU0
4.125 10/31/2027
Item Title: 10.3
Treasurer's Report
Item Page Number: 104
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost U S Treasury Note - 91282CHX2
4.375 08/31/2028
200,000.000 99.0080 198,016.00 199,304.69 -1,288.69 1.9 8,750.00 4.42 Total US Government Issues $6,874,406.80 $7,102,515.50 -$228,108.70 64.7 $217,318.12 Corporate Issues
Ace Ina Holding - 00440EAS6
3.150 03/15/2025
50,000.000 96.3930
89.9090
48,196.50
53,945.40
51,448.00
59,740.80
-3,251.50
-5,795.40
0.5 0.5
1,575.00
600.00
3.27 1.11
Amazon Com Inc - 023135BX3
1.000 05/12/2026
60,000.000
American Honda Fin Corp - 02665WED9
Medium Term Note
4.700 01/12/2028
130,000.000 97.1740
91.8920
95.5550
126,326.20
22,973.00
95,555.00
131,033.50
25,621.00
96,949.00
-4,707.30
-2,648.00
-1,394.00
1.2 0.2
0.9 6,110.00
512.50
4.84 2.23
3.40 Apple Inc - 037833DN7
2.050 09/11/2026
25,000.000
Apple Inc - 037833BY5
3.250 02/23/2026
100,000.000 3,250.00
Bank Amer Corp Sr - 06051GJD2
Medium Term Note
06/19/2026 Var
40,000.000
30,000.000
91.7070
97.7450
36,682.80
29,323.50
40,105.60
30,000.00
-3,422.80
-676.50
0.3 0.3
527.60 1.44
5.20 Bank America Corp - 06051GLE7
Medium Term Note
5.080 01/20/2027
1,524.00
Item Title: 10.3
Treasurer's Report
Item Page Number: 105
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November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost Bank Of America Corp - 06051GHT9
Medium Term Note
3.559 04/23/2027
25,000.000 93.8180 23,454.50 24,223.45 -768.95 0.2 889.75 3.79 Bank Of America Corp - 06051GGF0
Medium Term Note
3.824 01/20/2028
75,000.000 92.8640
91.7330
69,648.00
41,279.85
71,563.50
44,991.45
-1,915.50
-3,711.60
0.7 0.4
2,868.00
1,035.00
4.12 2.51
Berkshire Hathaway Fin - 084664CZ2
2.300 03/15/2027
45,000.000
Bmw Veh Owner Tr - 05602RAD3
A B S Ser 2022 A Cl A 3
08/25/2026 Var
15,000.000 97.5550 14,633.25 14,999.22 -365.97 0.1 481.50 3.29 Bmw Vehicle Lease - 05593AAC3
A B S Ser 2023 1 Cl A 3
5.160 11/25/2025
110,000.000 99.1550
99.4320
109,070.50
1,886.89
110,198.98
1,897.48
-1,128.48
-10.59
1.0 0.0
5,676.00
6.26 5.20
0.33 Bmw Vehicle Lease Trust - 09690AAC7
0.330 12/26/2024
1,897.670
Bmw Vehicle Lease Trust 2022 1 - 05601XAC3
A B S Ser 2022 1 Cl A3
03/25/2025 Var
5,392.080
45,000.000
80,000.000
98.8270
96.2980
98.8920
5,328.83
43,334.10
79,113.60
5,391.28
45,481.50
79,988.80
-62.45
-2,147.40
-875.20
0.1 0.4
0.7 59.31
967.50
1.11 2.23
4.85 Caterpillar Finl Service - 14913Q3B3
Medium Term Note
2.150 11/08/2024
Caterpillar Finl Svcs - 14913R3B1
Medium Term Note
4.800 01/06/2026
3,840.00
Item Title: 10.3
Treasurer's Report
Item Page Number: 106
Menifee Mayor and City Council
November 15, 2023
Page
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CITY OF MENIFEE Page 14 of 42
ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost Charles Schwab Corp - 808513BY0
2.450 03/03/2027
25,000.000
85,000.000
89.0740
89.8090
93.1190
22,268.50
76,337.65
18,623.80
24,991.70
80,783.15
19,535.80
-2,723.20
-4,445.50
-912.00
0.2 0.7
0.2 612.50
2,720.00
600.00
2.75 3.56
3.22 Charles Schwab Corp - 808513AU9
3.200 01/25/2028
Costco Wholesale Corp - 22160KAM7
3.000 05/18/2027
20,000.000
Deere John Capital Corp - 24422EWJ4
Medium Term Note
4.050 09/08/2025
70,000.000 97.6560
93.5220
68,359.20
32,732.70
69,267.10
36,755.95
-907.90 0.6
0.3 2,835.00
1,032.50
4.15 3.15
Duke Energy Carolinas - 26442CAS3
2.950 12/01/2026
35,000.000 -4,023.25
Gm Fin Auto Lsng Tr - 36262XAC8
A B S Ser 2021 3 Cl A 3
10/21/2024 Var
8,198.420 99.3560
98.7230
96.6300
95.9380
8,145.62
20,346.23
9,574.70
8,272.30
8,198.30
20,609.24
9,907.76
8,622.33
-52.68
-263.01
-333.06
-350.03
0.1 0.2
0.1 0.1
31.97 391.58
124.85
58.63 0.39
1.92 1.30
0.71 Gm Fin Auto Lsng Tr - 36265MAC9
A B S Ser 2022 1 Cl A 3
1.900 03/20/2025
20,609.410
Gm Fin Cons Auto Rec - 380146AC4
A B S Ser 2022 1 Cl A3
1.260 11/16/2026
9,908.620
Gm Fin Cons Auto Rec Tr - 362554AC1
A B S Ser 2021 4 Cl A 3
0.680 09/16/2026
8,622.550
Item Title: 10.3
Treasurer's Report
Item Page Number: 107
Menifee Mayor and City Council
November 15, 2023
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CITY OF MENIFEE Page 15 of 42
ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost Honda Auto Rec Ownr Tr - 43815BAC4
A B S Ser 2022 1 Cl A 3
1.880 05/15/2026
95,000.000 96.4770
96.1010
98.2200
91,653.15
8,237.19
5,467.33
91,381.76
8,569.57
5,566.31
271.39
-332.38
-98.98
0.9 0.1
0.1 1,786.00
75.43 1.95
0.92 0.27
Honda Auto Rec Ownr Tr 2021 4 - 43815GAC3
A B S Ser 2021 4 Cl A3
01/21/2026 Var
8,571.390
Honda Auto Receivables - 43813GAC5
A B S Ser 2021 1 Cl A3
0.270 04/21/2025
5,566.410 15.03
Honda Auto Receivables Owner - 43813KAC6
A B S Ser 2020 3 Cl A3
0.370 10/18/2024
2,376.650 99.1630
92.5240
2,356.76 2,376.31 -19.55 0.0
1.2 8.79 0.37
2.70 Honeywell International - 438516BL9
2.500 11/01/2026
140,000.000 129,533.60 131,150.60 -1,617.00 3,500.00
Hyundai Auto Rec Tr - 44935FAD6
A B S Ser 2021 C Cl A3
0.740 05/15/2026
17,137.360 96.6410
96.7660
98.4710
16,561.72
24,191.50
49,235.50
16,891.78
24,999.04
49,964.50
-330.06
-807.54
-729.00
0.2 0.2
0.5 126.82
555.00
225.00
0.77 2.29
0.46 Hyundai Auto Rec Tr - 448977AD0
A B S Ser 2022 A Cl A3
10/15/2026 Var
25,000.000
John Deere Capital Corp - 24422EVN6
Medium Term Note
0.450 01/17/2024
50,000.000
Item Title: 10.3
Treasurer's Report
Item Page Number: 108
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost John Deere Own - 47789QAC4
A B S Ser 2021 B Cl A 3
03/16/2026 Var
11,074.700
25,000.000
234.730
96.5860
98.9320
99.7810
96.8150
98.8320
10,696.61
24,733.00
234.22
11,073.71
24,998.06
234.69
-377.10
-265.06
-0.47
0.1 0.2
0.0 0.1
0.2 57.59
1,272.50
1.20 0.54
5.14 0.51
2.40 5.07
John Deere Owner - 47800BAC2
A B S Ser 2022 C Cl A 3
5.090 06/15/2027
John Deere Owner Tr - 47787NAC3
A B S Ser 2020 B Cl A3
11/15/2024 Var
John Deere Owner Tr - 47787JAC2
A B S Ser 2022 Cl A 3
09/15/2026 Var
10,000.000 9,681.50
19,766.40
9,997.79
19,996.36
-316.29
-229.96
232.00
1,002.00
John Deere Owner Trust - 47800CAC0
A B S Ser 2023 A Cl A3
5.010 11/15/2027
20,000.000
John Deere Ownr Tr - 47800AAC4
A B S Ser 2022 B Cl A3
02/16/2027 Var
15,000.000
70,000.000
40,000.000
20,000.000
97.3430
93.1370
96.2650
95.9680
14,601.45
65,195.90
38,506.00
19,193.60
14,998.57
67,053.70
40,048.60
20,015.45
-397.12
-1,857.80
-1,542.60
-821.85
0.1 0.6
0.4 0.2
561.00
2,647.40
329.60
3.84 4.06
0.86 1.01
Jpmorgan Chase Co - 46625HRY8
02/01/2028 Var
Jpmorgan Chase Co - 46647PCH7
0.824 06/01/2025
Jpmorgan Chase Co - 46647PCK0
0.969 06/23/2025
193.80
Item Title: 10.3
Treasurer's Report
Item Page Number: 109
Menifee Mayor and City Council
November 15, 2023
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CITY OF MENIFEE Page 17 of 42
ACCOUNT NUMBER: 6736302020 September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Jpmorgan Chase Co - 46647PBK1
2.083 04/22/2026
12,000.000 93.8610
95.3030
11,263.32
33,356.05
12,447.96
36,067.15
-1,184.64
-2,711.10
0.1 0.3
249.96
700.00
2.22 2.10
Mastercard Inc - 57636QAN4
2.000 03/03/2025
35,000.000
Mercedes Benz Auto - 58770AAC7
A B S Ser 2023 1 Cl A3
4.510 11/15/2027
35,000.000 98.0580
96.2260
95.8090
34,320.30
125,093.80
119,761.25
34,995.80
130,394.70
120,882.50
-675.50
-5,300.90
-1,121.25
0.3 1.2
1.1 1,578.50
5,265.00
3,906.25
4.60 4.21
3.26 Merck Co Inc - 58933YBH7
4.050 05/17/2028
130,000.000
Microsoft Corp - 594918BJ2
3.125 11/03/2025
125,000.000
Morgan Stanley - 61747YEZ4
Medium Term Note
5.050 01/28/2027
100,000.000 98.0230
93.9390
96.2180
97.6770
98,023.00
32,878.65
9,621.80
100,170.55
33,013.20
9,997.30
-2,147.55
-134.55
0.9 0.3
0.1 0.6
5,050.00
765.80
5.15 2.33
3.59 4.56
Morgan Stanley Fr - 6174468Q5
Medium Term Note
2.188 04/28/2026
35,000.000
National Rural Utils Coop Fin - 63743HFE7
Medium Term Note
3.450 06/15/2025
10,000.000 -375.50 345.00
National Rural Utils Corp Fin - 63743HFH0
Medium Term Note
4.450 03/13/2026
70,000.000 68,373.90 69,950.30 -1,576.40 3,115.00
Item Title: 10.3
Treasurer's Report
Item Page Number: 110
Menifee Mayor and City Council
November 15, 2023
Page
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CITY OF MENIFEE Page 18 of 42
ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost Northern Tr Corp Sr Nt - 665859AW4
4.000 05/10/2027
15,000.000 94.5930 14,188.95 14,975.70 -786.75 0.1
0.3 600.00
997.50
4.23 2.97
Paccar Financial Corp - 69371RR73
Medium Term Note
2.850 04/07/2025
35,000.000 96.0140 33,604.90 34,990.90 -1,386.00
Paccar Financial Corp - 69371RS31
Medium Term Note
4.600 01/10/2028
100,000.000 97.5200
95.9470
97.2090
97.0700
93.7610
96.1110
97.6080
90.3140
97,520.00
124,731.10
131,232.15
19,414.00
93,761.00
38,444.40
19,521.60
18,062.80
99,515.00
124,989.80
134,947.35
19,714.00
97,097.00
39,628.55
19,990.00
19,966.00
-1,995.00
-258.70
0.9 1.2
1.2 0.2
0.9 0.4
0.2 0.2
4,600.00
3,575.00
6,423.30
775.00
4.72 2.87
4.89 3.99
4.21 0.65
0.77 2.16
Pepsico Inc - 713448CT3
2.750 04/30/2025
130,000.000
Pnc Financial Services - 693475BL8
4.758 01/26/2027
135,000.000 -3,715.20
-300.00
Reality Income Corp - 756109AV6
3.875 04/15/2025
20,000.000
100,000.000
40,000.000
Realty Income Corp - 756109BG8
3.950 08/15/2027
-3,336.00
-1,184.15
-468.40
3,950.00
250.00
Salesforce Com Inc - 79466LAG9
0.625 07/15/2024
Schwab Charles Corp - 808513BN4
0.750 03/18/2024
20,000.000
20,000.000
150.00
Target Corp - 87612EBM7
1.950 01/15/2027
-1,903.20 390.00
Item Title: 10.3
Treasurer's Report
Item Page Number: 111
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost Toronto Dominion Bank - 89115A2C5
Medium Term Note
4.108 06/08/2027
40,000.000 94.3890
96.1980
96.9780
99.4700
98.2740
89.2980
94.9470
97.6730
37,755.60
62,406.05
24,244.50
1,270.62
39,866.00
61,094.19
24,583.98
1,277.15
-2,110.40
1,311.86
-339.48
0.4 0.6
0.2 0.0
0.1 0.3
0.3 0.7
1,643.20
460.59
940.00
4.47 4.35
0.74 3.88
0.35 0.26
1.26 1.53
4.73 Toyota Auto Rec Own Tr - 89238JAC9
A B S Ser 2021 D Cl A 3
04/15/2026 Var
64,872.500
Toyota Auto Rec Own Tr - 89231CAD9
A B S Ser 2022 C Cl A 3
3.760 04/15/2027
25,000.000
Toyota Auto Receivables - 89236XAC0
A B S Ser 2020 D Cl A3
0.350 01/15/2025
1,277.390 -6.53
Toyota Auto Recv Tr - 89240BAC2
A B S Ser 2021 A Cl A3
05/15/2025 Var
9,792.150
40,000.000
30,000.000
80,000.000
9,623.14 9,790.32 -167.18 25.46
Toyota Mtr Cr Corp - 89236TJK2
Medium Term Note
1.125 06/18/2026
35,719.20
28,484.10
78,138.40
39,982.40
29,959.80
79,947.20
-4,263.20
-1,475.70
-1,808.80
450.00
435.00
3,700.00
Toyota Mtr Cr Corp - 89236TJT3
Medium Term Note
1.450 01/13/2025
Toyota Mtr Cr Corp - 89236TKQ7
Medium Term Note
4.625 01/12/2028
Item Title: 10.3
Treasurer's Report
Item Page Number: 112
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November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost Truist Finl Corp - 89788MAA0
Medium Term Note
1.200 08/05/2025
30,000.000 91.7210
89.9560
27,516.30
35,982.40
29,341.20
39,563.60
-1,824.90
-3,581.20
0.3 0.3
360.00
460.00
1.31 1.28
Unitedhealth Group Inc - 91324PEC2
1.150 05/15/2026
40,000.000
Verizon Master Tr - 92348KAV5
A B S Ser 2022 5 Cl A 1A
07/20/2027 Var
15,000.000 99.3640
96.5890
14,904.60
96,589.00
168.82
14,999.34
93,609.37
169.12
-94.74
2,979.63
-0.30
0.1 0.9
0.0 558.00
500.00
0.80 3.74
0.52 Verizon Master Trust - 92348KAA1
A B S Ser 2021 1 Cl A
0.500 05/20/2027
100,000.000
Verizon Owner Trust - 92290BAA9
A B S Ser 2020 B Cl A1a
02/20/2025 Var
169.160 99.7970
89.1630
0.47 1.18
Walmart Inc - 931142ER0
1.050 09/17/2026
10,000.000 8,916.30 9,981.10 -1,064.80 0.1 105.00
Total Corporate Issues
Foreign Issues
$3,180,150.05 $3,279,520.22 -$99,370.17 29.9 $103,247.44 Bank Montreal Que - 06368D3S1
Medium Term Note
3.700 06/07/2025
75,000.000 96.3820 72,286.50 73,120.50 -834.00 0.7 2,775.00 3.84 Item Title: 10.3
Treasurer's Report
Item Page Number: 113
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November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost Bank Of Montreal - 06368FAC3
Medium Term Note
1.250 09/15/2026
40,000.000 87.8990 35,159.60 39,951.60 -4,792.00 0.3 500.00 1.42 Inter American Devel Bk - 4581X0DV7
Medium Term Note
0.875 04/20/2026
75,000.000 90.2330
91.0060
67,674.75
68,254.50
74,656.50
74,670.05
-6,981.75
-6,415.55
0.6 0.6
656.25
375.00
0.97 0.55
International Bank M T N - 459058JL8
0.500 10/28/2025
75,000.000
International Finance Corp - 45950KDD9
Medium Term Note
4.500 07/13/2028
100,000.000 98.8190
97.3580
96.4790
97.1290
98,819.00
38,943.20
19,295.80
77,703.20
99,889.00
40,598.00
19,992.60
79,957.60
-1,070.00
-1,654.80
-696.80
0.9 0.4
0.2 0.7
4,500.00
1,020.00
675.00
4.55 2.62
3.50 5.04
Royal Bank Of Canada - 78013XZU5
Medium Term Note
2.550 7/16/2024
40,000.000
Royal Bk Cda - 78016EZ59
Medium Term Note
3.375 04/14/2025
20,000.000
80,000.000
Royal Bk Cda - 78016FZW7
Medium Term Note
4.900 01/12/2028
-2,254.40 3,920.00
Item Title: 10.3
Treasurer's Report
Item Page Number: 114
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost Toronto Dominion Bank - 89115A2K7
Medium Term Note
5.103 01/09/2026
80,000.000 98.6620 78,929.60 79,890.40 -960.80 0.7 4,082.40 5.17 Total Foreign Issues $557,066.15 $582,726.25 -$25,660.10 5.2 $18,503.65 Total Taxable Bonds $10,611,623.00
$10,619,074.78
$10,964,761.97
$10,972,213.75
-$353,138.97
-$353,138.97
99.9 $339,069.21
$339,457.05Total Assets 100.0
Estimated Current Yield 3.19
ASSET DETAIL MESSAGES
Time of trade execution and trading party (if not disclosed) will be provided upon request.
Publicly traded assets are valued in accordance with market quotations or valuation methodologies from financial industry services believed by us to be reliable. Assets that are not publicly traded may be reflected at values from other external sources. Assets for which a current value is not available may be reflected at a previous value or as not valued, at par value, or at a nominal value. Values shown do not necessarily reflect prices at which assets could be bought or sold. Values are updated based on internal policy and may be updated less frequently than statement generation.
Estimated Current Yield and Estimated Annual Income are estimates provided for informational purposes only and should not be relied on for making investment, trading, or tax decisions. The estimates may not represent the actual value earned by your investments and they provide no guarantee of what your investments may earn in the future.
Item Title: 10.3
Treasurer's Report
Item Page Number: 115
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023
TRANSACTION DETAIL
Date
Posted Activity Description Cash Tax Cost
Beginning Balance 09/01/2023 $0.00 $10,949,509.98
09/01/23
09/05/23
09/05/23
09/08/23
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
Federated Hermes Govt Obligs Is
Interest From 8/1/23 To 8/31/23
193.81
Interest Earned On
Charles Schwab Corp 2.450% 3/03/27
0.01225 USD/$1 Pv On 25,000 Par Value Due 9/3/23
306.25
350.00Interest Earned On
Mastercard Inc 2.000% 3/03/25
0.01 USD/$1 Pv On 35,000 Par Value Due 9/3/23
Matured 5,000 Par Value Of
F H L B Deb 3.375% 9/08/23
Trade Date 9/8/23
5,000.00 -5,065.65
5,000 Par Value At 100 %
09/08/23
09/08/23
09/08/23
09/11/23
09/11/23
09/12/23
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Interest Earned On
Deere John Mtn 4.050% 9/08/25
0.02025 USD/$1 Pv On 70,000 Par Value Due 9/8/23
1,417.50
84.38Interest Earned On
F H L B Deb 3.375% 9/08/23
0.016875 USD/$1 Pv On 5,000 Par Value Due 9/8/23
Interest Earned On
F H L B Deb 4.750% 3/08/24
0.02375 USD/$1 Pv On 150,000 Par Value Due 9/8/23
3,562.50
4,275.00
256.25
Interest Earned On
F H L B Deb 4.500% 3/10/28
0.0225 USD/$1 Pv On 190,000 Par Value Due 9/10/23
Interest Earned On
Apple Inc 2.050% 9/11/26
0.01025 USD/$1 Pv On 25,000 Par Value Due 9/11/23
Interest Earned On 143.75
F N M A 2.875% 9/12/23
0.014375 USD/$1 Pv On 10,000 Par Value Due 9/12/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 116
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
09/12/23 Sale Matured 10,000 Par Value Of
F N M A 2.875% 9/12/23
Trade Date 9/12/23
10,000.00 -9,959.00
10,000 Par Value At 100 %
09/13/23
09/13/23
09/14/23
Asset Income
Asset Income
Purchase
Interest Earned On
F H L B Deb 2.875% 9/13/24
0.014375 USD/$1 Pv On 210,000 Par Value Due 9/13/23
3,018.75
1,851.69Interest Earned On
National Rural Mtn 4.450% 3/13/26
0.026453 USD/$1 Pv On 70,000 Par Value Due 9/13/23
Purchased 125,000 Par Value Of
F H L B Deb 4.375% 9/08/28
-124,350.00 124,350.00
Trade Date 9/12/23
Purchased Through Rbc Capital Markets, LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8325503133035267
125,000 Par Value At 99.48 %
09/14/23
09/14/23
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
F H L B Deb 4.375% 9/08/28
Income Debit 607.64- USD
-607.64
Purchased 100,000 Par Value Of
F H L B Deb 4.375% 9/08/28
-99,510.00 99,510.00
Trade Date 9/12/23
Purchased Through Pershing LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8325503133035293
100,000 Par Value At 99.51 %
09/14/23
09/14/23
Purchase Accrued Interest
Sale
Paid Accrued Interest On Purchase Of
F H L B Deb 4.375% 9/08/28
Income Debit 486.11- USD
-486.11
Sold 210,000 Par Value Of 205,955.86 -203,855.86
U S Treasury Nt 2.500% 5/15/24
Trade Date 9/13/23
Sold Through J.P. Morgan Securities LLC
Sold On The Off-Exchange Transactions - Li
Swift External Ref#: 8325603133038759
210,000 Par Value At 98.07421905 %
Item Title: 10.3
Treasurer's Report
Item Page Number: 117
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
09/14/23
09/14/23
09/15/23
09/15/23
09/15/23
09/15/23
09/15/23
09/15/23
09/15/23
09/15/23
09/15/23
Sell Accrued Interest Received Accrued Interest On Sale Of U S Treasury Nt 2.500% 5/15/24
Income Credit 1,740.49 USD
1,740.49
415.63
237.25
0.16 Asset Income
Sale
Interest Earned On
F H L B Deb 2.375% 3/14/25
0.011875 USD/$1 Pv On 35,000 Par Value Due 9/14/23
Paid Down 237.25 Par Value Of
Honda Auto 0.820% 7/15/24
Cmo Final Paydown
-237.23
Asset Income
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
Honda Auto 0.820% 7/15/24
$0.00068/Pv On 237.25 Pv Due 9/15/23
Interest Earned On
Honda Auto Rec Own 1.880% 5/15/26
148.83
46.25 $0.00157/Pv On 95,000.00 Pv Due 9/15/23
Interest Earned On
Hyundai Auto Rec 2.220% 10/15/26
$0.00185/Pv On 25,000.00 Pv Due 9/15/23
Interest Earned On
Hyundai Auto Rec Tr 0.740% 5/15/26
11.32 $0.00062/Pv On 18,343.72 Pv Due 9/15/23
Paid Down 1,206.36 Par Value Of
Hyundai Auto Rec Tr 0.740% 5/15/26
Trade Date 9/15/23
1,206.36
19.33 -1,189.08
Asset Income
Asset Income
Sale
Interest Earned On
John Deere Owner 2.320% 9/15/26
$0.00193/Pv On 10,000.00 Pv Due 9/15/23
Interest Earned On
John Deere Owner 0.510% 11/15/24
0.19 $0.00043/Pv On 445.84 Pv Due 9/15/23
Paid Down 211.11 Par Value Of
John Deere Owner 0.510% 11/15/24
Trade Date 9/15/23
211.11 -211.08
Item Title: 10.3
Treasurer's Report
Item Page Number: 118
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November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
09/15/23
09/15/23
09/15/23
09/15/23
09/15/23
09/15/23
09/15/23
09/15/23
09/15/23
09/15/23
09/15/23
Asset Income Interest Earned On
John Deere Own 0.520% 3/16/26
$0.00043/Pv On
5.05 580.99
46.75 11,655.69 Pv Due 9/15/23
Sale Paid Down 580.99 Par Value Of
John Deere Own 0.520% 3/16/26
Trade Date 9/15/23
-580.94
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
John Deere Ownr Tr 3.740% 2/16/27
$0.00312/Pv On 15,000.00 Pv Due 9/15/23
Interest Earned On
John Deere Owner 5.090% 6/15/27
$0.00424/Pv On
106.04
83.50 25,000.00 Pv Due 9/15/23
Interest Earned On
John Deere Owner 5.010% 11/15/27
$0.00418/Pv On 20,000.00 Pv Due 9/15/23
Interest Earned On
Mercedes Benz Auto 4.510% 11/15/27
$0.00376/Pv On
131.54
78.33 35,000.00 Pv Due 9/15/23
Interest Earned On
Toyota Auto Rec 3.760% 4/15/27
$0.00313/Pv On 25,000.00 Pv Due 9/15/23
Interest Earned On
Toyota Auto 0.350% 1/15/25
$0.00029/Pv On
0.54 1,841.77 Pv Due 9/15/23
Paid Down 564.38 Par Value Of
Toyota Auto 0.350% 1/15/25
Trade Date 9/15/23
564.38
40.92 -564.28
Asset Income
Sale
Interest Earned On
Toyota Auto Rec 0.710% 4/15/26
$0.00059/Pv On 69,153.74 Pv Due 9/15/23
Paid Down 4,281.24 Par Value Of
Toyota Auto Rec 0.710% 4/15/26
Trade Date 9/15/23
4,281.24 -4,031.89
Item Title: 10.3
Treasurer's Report
Item Page Number: 119
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
09/15/23
09/15/23
09/15/23
09/15/23
09/15/23
09/15/23
09/18/23
09/18/23
09/18/23
09/18/23
09/18/23
Asset Income Interest Earned On
Toyota Auto Recv 0.260% 5/15/25
$0.00022/Pv On
2.43 1,410.38
787.50
250.00
517.50
525.00
0.96 11,202.53 Pv Due 9/15/23
Sale Paid Down 1,410.38 Par Value Of
Toyota Auto Recv 0.260% 5/15/25
Trade Date 9/15/23
-1,410.12
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
Ace Ina Holding 3.150% 3/15/25
0.01575 USD/$1 Pv On 50,000 Par Value Due 9/15/23
Interest Earned On
Bank Of Montreal Mtn 1.250% 9/15/26
0.00625 USD/$1 Pv On 40,000 Par Value Due 9/15/23
Interest Earned On
Berkshire Hathaway 2.300% 3/15/27
0.0115 USD/$1 Pv On 45,000 Par Value Due 9/15/23
Interest Earned On
U S Treasury Nt 1.750% 3/15/25
0.00875 USD/$1 Pv On 60,000 Par Value Due 9/15/23
Interest Earned On
Honda Auto 0.370% 10/18/24
$0.00031/Pv On 3,103.58 Pv Due 9/18/23
Paid Down 726.93 Par Value Of
Honda Auto 0.370% 10/18/24
Trade Date 9/18/23
726.93
5.18 -726.82
-524.44
Asset Income
Sale
Interest Earned On
Gm Fin Cons Auto 0.680% 9/16/26
$0.00057/Pv On 9,147.00 Pv Due 9/16/23
Paid Down 524.45 Par Value Of
Gm Fin Cons Auto 0.680% 9/16/26
Trade Date 9/16/23
524.45
10.50Asset Income Interest Earned On
Gm Fin Cons Auto 1.260% 11/16/26
$0.00105/Pv On 10,000.00 Pv Due 9/16/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 120
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
09/18/23
09/18/23
Sale Paid Down 91.38 Par Value Of
Gm Fin Cons Auto 1.260% 11/16/26
Trade Date 9/16/23
91.38 -91.37
Purchase Purchased 190,000 Par Value Of
U S Treasury Nt 4.125% 7/31/28
Trade Date 9/15/23
Purchased Through BofA Securities, Inc./Fxd Inc
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8325803133048477
190,000 Par Value At 98.53125263 %
-187,209.38 187,209.38
199,304.69
-210,751.80
09/18/23
09/18/23
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.125% 7/31/28
Income Debit 1,043.58- USD
-1,043.58
Purchased 200,000 Par Value Of
U S Treasury Nt 4.375% 8/31/28
Trade Date 9/15/23
Purchased Through Morgan Stanley & Co. LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8325803133048603
200,000 Par Value At 99.652345 %
-199,304.69
09/18/23
09/18/23
Purchase Accrued Interest
Sale
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.375% 8/31/28
Income Debit 432.69- USD
-432.69
Sold 210,000 Par Value Of 209,015.10
F H L B Deb 4.875% 6/14/24
Trade Date 9/15/23
Sold Through Marketaxess Corp
Sold On The Marketaxess Corporation
Swift External Ref#: 8325803133048403
210,000 Par Value At 99.531 %
09/18/23 Sell Accrued Interest Received Accrued Interest On Sale Of F H L B Deb 4.875% 6/14/24
2,673.13
Income Credit 2,673.13 USD
Item Title: 10.3
Treasurer's Report
Item Page Number: 121
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
09/18/23 Sale Sold 150,000 Par Value Of
F H L B Deb 4.750% 3/08/24
Trade Date 9/15/23
149,440.50 -149,694.00
Sold Through Pershing LLC
Sold On The Marketaxess Corporation
Swift External Ref#: 8325803133048430
150,000 Par Value At 99.627 %
09/18/23
09/18/23
09/18/23
09/20/23
09/20/23
09/20/23
09/20/23
09/20/23
09/20/23
Sell Accrued Interest
Asset Income
Asset Income
Asset Income
Sale
Received Accrued Interest On Sale Of
F H L B Deb 4.750% 3/08/24
Income Credit 197.92 USD
197.92
52.50Interest Earned On
Walmart Inc 1.050% 9/17/26
0.00525 USD/$1 Pv On 10,000 Par Value Due 9/17/23
Interest Earned On
Schwab Charles 0.750% 3/18/24
0.00375 USD/$1 Pv On 20,000 Par Value Due 9/18/23
75.00 Interest Earned On
Gm Fin Auto Lsng 0.390% 10/21/24
3.57 $0.00033/Pv On 10,978.02 Pv Due 9/20/23
Paid Down 2,779.6 Par Value Of
Gm Fin Auto Lsng 0.390% 10/21/24
Trade Date 9/20/23
2,779.60
36.71 -2,779.56
-2,578.32
-923.14
Asset Income
Sale
Interest Earned On
Gm Fin Auto Lsng Tr 1.900% 3/20/25
$0.00158/Pv On 23,187.75 Pv Due 9/20/23
Paid Down 2,578.34 Par Value Of
Gm Fin Auto Lsng Tr 1.900% 3/20/25
Trade Date 9/20/23
2,578.34
0.43Asset Income
Sale
Interest Earned On
Verizon Owner 0.47001% 2/20/25
$0.00039/Pv On 1,092.49 Pv Due 9/20/23
Paid Down 923.33 Par Value Of
Verizon Owner 0.47001% 2/20/25
Trade Date 9/20/23
923.33
Item Title: 10.3
Treasurer's Report
Item Page Number: 122
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
09/20/23
09/20/23
09/21/23
09/21/23
09/21/23
09/21/23
09/25/23
09/25/23
09/25/23
09/25/23
09/25/23
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
Verizon Master 0.500% 5/20/27
$0.00042/Pv On 100,000.00 Pv Due 9/20/23
41.67 46.50
1.44 Interest Earned On
Verizon Master Tr 3.720% 7/20/27
$0.00310/Pv On 15,000.00 Pv Due 9/20/23
Interest Earned On
Honda Auto 0.270% 4/21/25
$0.00022/Pv On 6,387.69 Pv Due 9/21/23
Paid Down 821.28 Par Value Of
Honda Auto 0.270% 4/21/25
Trade Date 9/21/23
821.28
6.72 -821.26
-587.32
Asset Income
Sale
Interest Earned On
Honda Auto Rec 0.880% 1/21/26
$0.00073/Pv On 9,158.83 Pv Due 9/21/23
Paid Down 587.44 Par Value Of
Honda Auto Rec 0.880% 1/21/26
Trade Date 9/21/23
587.44
164.20
200.08
82.58 473.00
5.84 Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Interest Earned On
F H L M C Mltcl Mt 3.284% 6/25/25
$0.00274/Pv On 60,000.00 Pv Due 9/25/23
Interest Earned On
F H L M C Mltcl Mt 3.430% 1/25/27
0.002858 USD/$1 Pv On 70,000 Par Value Due 9/25/23
Interest Earned On
F H L M C Mltcl Mt 3.303% 11/25/27
0.002752 USD/$1 Pv On 30,000 Par Value Due 9/25/23
Interest Earned On
Bmw Vehicle Lease 5.160% 11/25/25
$0.00430/Pv On 110,000.00 Pv Due 9/25/23
Interest Earned On
Bmw Vehicle Lease 1.100% 3/25/25
$0.00092/Pv On 6,366.91 Pv Due 9/25/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 123
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
09/25/23
09/25/23
09/25/23
09/25/23
09/25/23
09/25/23
09/25/23
09/25/23
09/25/23
09/25/23
09/25/23
Sale Paid Down 974.83 Par Value Of
Bmw Vehicle Lease 1.100% 3/25/25
Trade Date 9/25/23
974.83
40.13 0.78
-974.68
Asset Income
Asset Income
Sale
Interest Earned On
Bmw Veh Owner Tr 3.210% 8/25/26
$0.00268/Pv On 15,000.00 Pv Due 9/25/23
Interest Earned On
Bmw Vehicle Lease 0.330% 12/26/24
$0.00028/Pv On 2,822.84 Pv Due 9/25/23
Paid Down 925.17 Par Value Of
Bmw Vehicle Lease 0.330% 12/26/24
Trade Date 9/25/23
925.17
40.51 92.33
75.66 33.38
97.10 69.46
311.98
-925.07
Asset Income
Asset Income
Sale
Interest Earned On
F H L M C Mltcl Mtg 3.241% 9/25/24
$0.00270/Pv On 15,000.00 Pv Due 9/25/23
Interest Earned On
F H L B Gtd Remic 3.171% 10/25/24
$0.00264/Pv On 34,938.81 Pv Due 9/25/23
Paid Down 75.66 Par Value Of
F H L B Gtd Remic 3.171% 10/25/24
Trade Date 9/25/23
-81.39
Asset Income
Asset Income
Asset Income
Asset Income
Interest Earned On
F H L M C Mltcl Mtg 2.670% 12/25/24
$0.00223/Pv On 15,000.00 Pv Due 9/25/23
Interest Earned On
F H L M C Mltcl Mtg 3.329% 5/25/25
$0.00277/Pv On 35,000.00 Pv Due 9/25/23
Interest Earned On
F H L M C Mltcl Mt 3.334% 8/25/25
$0.00278/Pv On 25,000.00 Pv Due 9/25/23
Interest Earned On
F H L M C Mltcl Mtg 2.995% 12/25/25
$0.00250/Pv On 125,000.00 Pv Due 9/25/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 124
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
09/25/23
09/25/23
09/25/23
09/25/23
09/25/23
09/25/23
09/25/23
09/25/23
09/28/23
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
F H L M C Mltcl Mtg 2.745% 1/25/26
$0.00229/Pv On
160.13
252.50
276.35
199.09
49.19 70,000.00 Pv Due 9/25/23
Interest Earned On
F H L M C Mltcl Mtg 2.525% 5/25/26
$0.00210/Pv On 120,000.00 Pv Due 9/25/23
Interest Earned On
F H L M C Mltcl Mt 2.653% 8/25/26
$0.00221/Pv On 125,000.00 Pv Due 9/25/23
Interest Earned On
F H L M C Mltcl Mtg 3.413% 12/25/26
$0.00284/Pv On 70,000.00 Pv Due 9/25/23
Interest Earned On
F H L M C Mltcl Mt 3.064% 8/25/24
$0.00255/Pv On 19,264.45 Pv Due 9/25/23
Paid Down 27.72 Par Value Of
F H L M C Mltcl Mt 3.064% 8/25/24
Trade Date 9/25/23
27.72 -28.21
Asset Income
Asset Income
Purchase
Interest Earned On
F H L M C Mltcl Mt 2.525% 10/25/26
$0.00210/Pv On 125,000.00 Pv Due 9/25/23
263.02
140.63
-93,915.10
Interest Earned On
F H L M C M T N 0.375% 9/23/25
0.001875 USD/$1 Pv On 75,000 Par Value Due 9/23/23
Purchased 95,000 Par Value Of
F F C B Deb 4.500% 9/22/28
93,915.10
Trade Date 9/27/23
Purchased Through Wells Fargo Securities, LLC
Purchased On The Marketaxess Corporation
Swift External Ref#: 8327003133081781
95,000 Par Value At 98.858 %
09/28/23 Purchase Accrued Interest Paid Accrued Interest On Purchase Of F F C B Deb 4.500% 9/22/28
Income Debit 71.25- USD
-71.25
Item Title: 10.3
Treasurer's Report
Item Page Number: 125
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November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
09/28/23
09/28/23
Sale Sold 65,000 Par Value Of
F H L B Deb 3.375% 12/08/23
Trade Date 9/27/23
Sold Through Marketaxess Corp
Sold On The Marketaxess Corporation
Swift External Ref#: 8327003133081724
65,000 Par Value At 99.544 %
64,703.60 -66,897.35
Sell Accrued Interest Received Accrued Interest On Sale Of F H L B Deb 3.375% 12/08/23
Income Credit 670.31 USD
670.31
Purchase
Sale
Combined Purchases For The Period 9/ 1/23 - 9/30/23 Of
Federated Hermes Govt Obligs Is
-55,894.86
71,990.40
55,894.86
-71,990.40Combined Sales For The Period 9/ 1/23 - 9/30/23 Of Federated Hermes Govt Obligs Is
Ending Balance 09/30/2023 $0.00 $10,972,213.75
Item Title: 10.3
Treasurer's Report
Item Page Number: 126
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023
SALE/MATURITY SUMMARY
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
Taxable Bonds
Bmw Vehicle Lease Trust
0.330 12/26/2024
09690AAC7
09/25/23 Paid Down 925.17
Par Value
-925.07 925.17 0.10
Trade Date 9/25/23
Bmw Vehicle Lease Trust 2022 1
A B S Ser 2022 1 Cl A3
03/25/2025
BVL1325
Var
09/25/23 Paid Down 974.83
Par Value
Trade Date 9/25/23
-974.68
-81.39
-28.21
974.83
75.66 27.72
0.15 -5.73
-0.49
F H L B Gtd R E M I C Pass Thru
C M O Ser K041 Cl A2
3.171 10/25/2024
3137BFE98
09/25/23 Paid Down 75.66 Par
Value
Trade Date 9/25/23
F H L M C Multiclass Mtg Partn
C M O Ser K728 Cl A2
08/25/2024
FHL3024
Var
09/25/23 Paid Down 27.72 Par
Value
Trade Date 9/25/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 127
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November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
F N M A
2.875 09/12/2023
3135G0U43
09/12/23
09/08/23
09/28/23
Matured 10,000 Par
Value
Trade Date 9/12/23
-9,959.00 10,000.00 41.00
10,000 Par Value At 100 %
Federal Home Loan Bks
3.375 09/08/2023
313383YJ4
Matured 5,000 Par
Value
Trade Date 9/8/23
5,000 Par Value At 100 %
-5,065.65 5,000.00 -65.65
Federal Home Loan Bks
3.375 12/08/2023
3130A0F70
Sold 65,000 Par -66,897.35 64,703.60 -2,193.75
Value
Trade Date 9/27/23
Sold Through Marketaxess Corp
Sold On The Marketaxess Corporation
Swift External Ref#: 8327003133081724
65,000 Par Value At 99.544 %
Federal Home Loan Bks
4.750 03/08/2024
3130ATUQ8
09/18/23 Sold 150,000 Par -149,694.00 149,440.50 -253.50 Value
Trade Date 9/15/23
Sold Through Pershing LLC
Sold On The Marketaxess Corporation
Swift External Ref#: 8325803133048430
150,000 Par Value At 99.627 %
Item Title: 10.3
Treasurer's Report
Item Page Number: 128
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November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
Federal Home Loan Bks
4.875 06/14/2024
3130ATVC8
09/18/23 Sold 210,000 Par
Value
-210,751.80 209,015.10 -1,736.70
Trade Date 9/15/23
Sold Through Marketaxess Corp
Sold On The Marketaxess Corporation
Swift External Ref#: 8325803133048403
210,000 Par Value At 99.531 %
Gm Fin Auto Lsng Tr
A B S Ser 2021 3 Cl A 3
10/21/2024
GFA0324A
Var
09/20/23
09/20/23
09/18/23
Paid Down 2,779.6
Par Value
Trade Date 9/20/23
-2,779.56
-2,578.32
-91.37
2,779.60
2,578.34
91.38 0.04
0.02 0.01
Gm Fin Auto Lsng Tr
A B S Ser 2022 1 Cl A 3
1.900 03/20/2025
GFA1925
Paid Down 2,578.34
Par Value
Trade Date 9/20/23
Gm Fin Cons Auto Rec
A B S Ser 2022 1 Cl A3
1.260 11/16/2026
GFC1226
Paid Down 91.38 Par
Value
Trade Date 9/16/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 129
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November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
Gm Fin Cons Auto Rec Tr
A B S Ser 2021 4 Cl A 3
0.680 09/16/2026
GFC0626
09/18/23 Paid Down 524.45
Par Value
-524.44 524.45 0.01
Trade Date 9/16/23
Honda Auto Rec Ownr Tr 2021 4
A B S Ser 2021 4 Cl A3
01/21/2026
HAR0826
Var
09/21/23 Paid Down 587.44
Par Value
Trade Date 9/21/23
-587.32
-821.26
-237.23
587.44
821.28
237.25
0.12 0.02
0.02 Honda Auto Receivables
A B S Ser 2021 1 Cl A3
0.270 04/21/2025
43813GAC5
09/21/23 Paid Down 821.28
Par Value
Trade Date 9/21/23
Honda Auto Receivables Owner
A B S Ser 2020 2 Cl A3
0.820 07/15/2024
43813DAC2
09/15/23 Paid Down 237.25
Par Value
Cmo Final Paydown
Item Title: 10.3
Treasurer's Report
Item Page Number: 130
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November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
Honda Auto Receivables Owner
A B S Ser 2020 3 Cl A3
0.370 10/18/2024
HA00324
09/18/23 Paid Down 726.93
Par Value
-726.82 726.93 0.11
Trade Date 9/18/23
Hyundai Auto Rec Tr
A B S Ser 2021 C Cl A3
0.740 05/15/2026
HAR0726
09/15/23
09/15/23
09/15/23
Paid Down 1,206.36
Par Value
Trade Date 9/15/23
-1,189.08
-580.94
-211.08
1,206.36
580.99
211.11
17.28 0.05
0.03 John Deere Own
A B S Ser 2021 B Cl A 3
03/16/2026
JDO0926
Var
Paid Down 580.99
Par Value
Trade Date 9/15/23
John Deere Owner Tr
A B S Ser 2020 B Cl A3
11/15/2024
JDO0524
Var
Paid Down 211.11
Par Value
Trade Date 9/15/23
Item Title: 10.3
Treasurer's Report
Item Page Number: 131
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November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
Toyota Auto Rec Own Tr
A B S Ser 2021 D Cl A 3
04/15/2026
TAR0726
Var
09/15/23
09/15/23
Paid Down 4,281.24
Par Value
Trade Date 9/15/23
-4,031.89 4,281.24 249.35
Toyota Auto Receivables
A B S Ser 2020 D Cl A3
0.350 01/15/2025
TA00325
Paid Down 564.38
Par Value
-564.28 564.38 0.10
Trade Date 9/15/23
Toyota Auto Recv Tr
A B S Ser 2021 A Cl A3
05/15/2025
TAR0325A
Var
09/15/23
09/14/23
Paid Down 1,410.38
Par Value
Trade Date 9/15/23
-1,410.12 1,410.38 0.26
U S Treasury Note
2.500 05/15/2024
912828WJ5
Sold 210,000 Par
Value
-203,855.86 205,955.86 2,100.00
Trade Date 9/13/23
Sold Through J.P. Morgan Securities LLC
Sold On The Off-Exchange Transactions - Li
Swift External Ref#: 8325603133038759
210,000 Par Value At 98.07421905 %
Item Title: 10.3
Treasurer's Report
Item Page Number: 132
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
Verizon Owner Trust
A B S Ser 2020 B Cl A1a
02/20/2025
VO00425
Var
09/20/23 Paid Down 923.33
Par Value
-923.14 923.33 0.19
Trade Date 9/20/23
Total Taxable Bonds -$665,489.86
-$665,489.86
$663,642.90
$663,642.90
-$1,846.96
-$1,846.96Total Sales & Maturities
SALE/MATURITY SUMMARY MESSAGES
Estimated Year-To-Date Short-Term Gain (Loss): $1,282.11 Estimated Year-To-Date Long-Term Gain (Loss): ($8,915.83) Estimates should not be used for tax purposes
Item Title: 10.3
Treasurer's Report
Item Page Number: 133
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023
BOND SUMMARY
Percentage of
Par Value Market Value Category
MATURITY
2023
2024
2025
2026
2027
2028
0.00 1,421,807.35
2,782,806.60
2,482,187.12
2,000,000.00
2,405,000.00
0.00 1,393,452.84
2,644,210.22
2,324,016.24
1,917,719.60
2,332,224.10
0.00 13.14
24.92 21.90
18.07 21.97
Total of Category $11,091,801.07 $10,611,623.00 100.00
MOODY'S RATING
Aaa
Aa2
Aa3
A1
A2
A3
7,041,538.17
55,000.00
6,750,404.33
50,196.15
63.61 0.47
0.80 11.82
7.35 4.21
90,000.00 84,712.55
1,312,000.00
825,000.00
465,000.00
1,254,033.57
779,824.10
446,446.15
Item Title: 10.3
Treasurer's Report
Item Page Number: 134
Menifee Mayor and City Council
November 15, 2023
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 BOND SUMMARY (continued)
Percentage of
Par Value Market Value Category
N/A 1,303,262.90 1,246,006.15 11.74
Total of Category $11,091,801.07 $10,611,623.00 100.00
S&P RATING
AAA
AA+
AA
A+
A
A-
912,785.57
3,015,000.00
115,000.00
695,000.00
750,000.00
1,187,000.00
4,417,015.50
878,032.90
2,916,792.35
104,141.55
663,887.10
721,195.40
1,125,988.47
4,201,585.23
8.27 27.49
0.98 6.26
6.80 10.61
39.59N/A
Total of Category $11,091,801.07 $10,611,623.00 100.00
BOND SUMMARY MESSAGES
Data contained within this section excluded Mutual Funds, Exchange Traded Funds, and Closed-Ended Funds.
Item Title: 10.3
Treasurer's Report
Item Page Number: 135
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November 15, 2023
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Glossary
Accretion - The accumulation of the value of a discounted bond until maturity.
Adjusted Prior Market Realized Gain/Loss - The difference between the proceeds and the Prior Market Value of the transaction.
Adjusted Prior Market Unrealized Gain/Loss - The difference between the Market Value and the Adjusted Prior Market Value.
Adjusted Prior Market Value - A figure calculated using the beginning Market Value for the fiscal year, adjusted for all asset related transactions during the period, employing an average cost methodology.
Amortization - The decrease in value of a premium bond until maturity.
Asset - Anything owned that has commercial exchange value. Assets may consist of specific property or of claims against others, in contrast to obligations due to others (liabilities).
Bond Rating - A measurement of a bond's quality based upon the issuer's financial condition. Ratings are assigned by independent rating services, such as Moody's, or S&P, and reflect their opinion of the issuer's ability to meet the scheduled interest and principal repayments for the bond.
Cash - Cash activity that includes both income and principal cash categories.
Change in Unrealized Gain/Loss - Also reported as Gain/Loss in Period in the Asset Detail section.
This figure shows the market appreciation (depreciation) for the current period.
Cost Basis (Book Value) - The original price of an asset, normally the purchase price or appraised value at the time of acquisition. Book Value method maintains an average cost for each asset.
Cost Basis (Tax Basis) - The original price of an asset, normally the purchase price or appraised value at the time of acquisition. Tax Basis uses client determined methods such as Last-In-First-Out (LIFO), First-In-First-Out (FIFO), Average, Minimum Gain, and Maximum Gain.
Ending Accrual - (Also reported as Accrued Income) Income earned but not yet received, or expenses incurred but not yet paid, as of the end of the reporting period.
Estimated Annual Income - The amount of income a particular asset is anticipated to earn over the next year. The shares multiplied by annual income rate.
Estimated Current Yield - The annual rate of return on an investment expressed as a percentage. For stocks, yield is calculated by taking the annual dividend payments divided by the stock's current share price. For bonds, yield is calculated by the coupon rate divided by the bond's market price.
Ex-Dividend Date - (Also reported as Ex-Date) For stock trades, the person who owns the security on the ex-dividend date will earn the dividend, regardless of who currently owns the stock.
Income Cash - A category of cash comprised of ordinary earnings derived from investments, usually dividends and interest.
Market Value - The price per unit multiplied by the number of units.
Maturity Date - The date on which an obligation or note matures.
Payable Date - The date on which a dividend, mutual fund distribution, or interest on a bond will be made.
Principal Cash - A category of cash comprised of cash, deposits, cash withdrawals and the cash flows generated from purchases or sales of investments.
Realized Gain/Loss Calculation - The Proceeds less the Cost Basis of a transaction.
Settlement Date - The date on which a trade settles and cash or securities are credited or debited to the account.
Trade Date - The date a trade is legally entered into.
Unrealized Gain/Loss - The difference between the Market Value and Cost Basis at the end of the current period.
Yield on/at Market - The annual rate of return on an investment expressed as a percentage. For stocks, yield is calculated by the annual dividend payments divided by the stock's current share price.
For bonds, yield is calculated by the coupon rate divided by the bond's market price.
The terms defined in this glossary are only for use when reviewing your account statement. Please contact your Relationship Manager with any questions.
Item Title: 10.3
Treasurer's Report
Item Page Number: 136
Menifee Mayor and City Council
November 15, 2023
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QUESTIONS? ACCOUNT NUMBER:
If you have any questions regarding your account or this statement, please contact your Administrator. CITY OF MENIFEE
SAMIR SOMERVILLE-POWEL
CN-OH-W5IT
CN-OH-W5IT
425 WALNUT STREET
CINCINNATI OH 45202
Phone 513-629-8204
E-mail [email protected] This statement is for the period from July 1, 2023 to July 31, 2023 Portfolio Manager:
TS CIN RC #6 - MANUAL
CN-OH-W6TC
000003298 02 SP
CITY OF MENIFEE
000638527121421 S
ATTN: ROCHELLE CLAYTON
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
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TABLE OF CONTENTS
Schedule Page
Market Value Summary ........................................................................................
Asset Summary ....................................................................................................
Income Summary ..................................................................................................
Cash Summary .....................................................................................................
Asset Detail ...........................................................................................................
Transaction Detail .................................................................................................
Bond Summary ..................................................................................................... 1 2
3 4
5 8
9 Item Title: 10.3
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
MARKET VALUE SUMMARY
Current Period Year-to-Date
07/01/23 to 07/31/23 01/01/23 to 07/31/23 Current Period 07/01/23 to 07/31/23 Beginning Market Value $62,236,394.99 $61,419,065.59
Taxable Interest 26,647.73
-518.64
352,990.95
-3,622.46Fees and Expenses
Change in Investment Value 108,120.00 602,210.00
Ending Market Value $62,370,644.08 $62,370,644.08
Item Title: 10.3
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET SUMMARY
Current Period
Market Value
% of
Total
Estimated
Annual IncomeAssets
Cash & Equivalents
Taxable Bonds
1,691,764.08
60,678,880.00
2.70 83,385.14
97.30 595,250.00
Total Market Value $62,370,644.08 100.00 $678,635.14
Item Title: 10.3
Treasurer's Report
Item Page Number: 142
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
INCOME SUMMARY
Income Received
Current Period
Income Received
YTD
Taxable Interest 26,647.73 352,990.95
Total Current Period Income $26,647.73 $352,990.95
Item Title: 10.3
Treasurer's Report
Item Page Number: 143
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
CASH SUMMARY
Principal
Cash
Income
Cash
Total
Cash
Beginning Cash 07/01/2023 -$1,158,381.80 $1,158,381.80 $0.00 Taxable Interest 26,647.73 26,647.73
-518.64Fees and Expenses
Net Money Market Activity
-518.64
-26,129.09 -26,129.09
Ending Cash 07/31/2023 -$1,185,029.53 $1,185,029.53 $0.00 Item Title: 10.3
Treasurer's Report
Item Page Number: 144
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Cash & Equivalents
Cash/Money Market
First American Government - 31846V203
Oblig Fd Cl Y
#3763
1,691,764.080 1.0000 1,691,764.08 1,691,764.08 0.00 2.7 83,385.14 4.93 Total Cash/Money Market $1,691,764.08 $1,691,764.08 $0.00 2.7 $83,385.14 Cash
Principal Cash
Income Cash
-1,185,029.53
1,185,029.53
-1,185,029.53
1,185,029.53
-1.9
1.9 Total Cash $0.00 $0.00 $0.00
$0.00
0.0 2.7
$0.00
Total Cash & Equivalents $1,691,764.08 $1,691,764.08 $83,385.14 Taxable Bonds
US Government Issues
Federal Farm Credit Bks - 3133EMF98
0.650 06/09/2025
4,000,000.000 91.8870
88.5630
94.2850
3,675,480.00
4,428,150.00
4,714,250.00
4,000,000.00
4,977,500.00
5,000,000.00
-324,520.00
-549,350.00
-285,750.00
5.9 7.1
7.6 26,000.00
40,000.00
25,000.00
0.71 0.90
0.53 Federal Farm Credit Bks - 3133EML67
0.800 06/22/2026
5,000,000.000
Federal Home Loan Bks - 3130AMXJ6
0.500 09/30/2024
5,000,000.000
Item Title: 10.3
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Item Page Number: 145
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Federal Home Loan Bks - 3130AMNZ1
0.500 12/16/2024
3,000,000.000 93.8080
92.5780
91.5220
92.2170
89.5330
89.7670
89.9000
92.7730
90.5350
94.5700
2,814,240.00
4,628,900.00
3,660,880.00
4,610,850.00
4,476,650.00
4,488,350.00
4,495,000.00
4,638,650.00
3,621,400.00
2,837,100.00
3,000,000.00
5,000,000.00
4,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
4,984,375.00
3,998,750.00
3,091,875.00
-185,760.00
-371,100.00
-339,120.00
-389,150.00
-523,350.00
-511,650.00
-505,000.00
-345,725.00
-377,350.00
-254,775.00
4.5 7.4
5.9 7.4
7.2 7.2
7.2 7.4
5.8 4.5
15,000.00
31,250.00
28,000.00
37,500.00
43,750.00
50,000.00
52,500.00
25,000.00
30,000.00
41,250.00
0.53 0.67
0.76 0.81
0.98 1.11
1.17 0.54
0.83 1.45
Federal Home Loan Bks - 3130AMST0
0.625 03/24/2025
5,000,000.000
Federal Home Loan Bks - 3130AMQ54
0.700 09/16/2025
4,000,000.000
Federal Home Loan Bks - 3130AMX31
0.750 06/30/2025
5,000,000.000
Federal Home Loan Bks - 3130AMM33
0.875 07/16/2026
5,000,000.000
Federal Home Loan Bks - 3130AMT28
1.000 06/30/2026
5,000,000.000
Federal Home Loan Bks - 3130AMWZ1
1.050 06/30/2026
5,000,000.000
U S Treasury Note - 912828ZF0
0.500 03/31/2025
5,000,000.000
4,000,000.000
3,000,000.000
U S Treasury Note - 91282CBT7
0.750 03/31/2026
U S Treasury Note - 912828Z52
1.375 01/31/2025
Item Title: 10.3
Treasurer's Report
Item Page Number: 146
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield U S Treasury Note - 912828YM6
1.500 10/31/2024
3,000,000.000
3,000,000.000
2,000,000.000
95.4410
94.4730
94.5780
2,863,230.00
2,834,190.00
3,111,562.50
3,175,312.50
-248,332.50
-341,122.50
4.6 4.5
45,000.00
60,000.00
1.57 2.12
2.38 U S Treasury Note - 912828K74
2.000 08/15/2025
U S Treasury Note - 912828M56
2.250 11/15/2025
1,891,560.00 2,140,625.00 -249,065.00 3.0 45,000.00
Total US Government Issues
Total Taxable Bonds
$60,678,880.00 $66,480,000.00 -$5,801,120.00 97.3 $595,250.00 $60,678,880.00
$62,370,644.08
$66,480,000.00
$68,171,764.08
-$5,801,120.00
-$5,801,120.00
97.3 $595,250.00
$678,635.14Total Assets 100.0
Estimated Current Yield 1.08
ASSET DETAIL MESSAGES
Time of trade execution and trading party (if not disclosed) will be provided upon request.
Publicly traded assets are valued in accordance with market quotations or valuation methodologies from financial industry services believed by us to be reliable. Assets that are not publicly traded may be reflected at values from other external sources. Assets for which a current value is not available may be reflected at a previous value or as not valued, at par value, or at a nominal value. Values shown do not necessarily reflect prices at which assets could be bought or sold. Values are updated based on internal policy and may be updated less frequently than statement generation.
Item Title: 10.3
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Item Page Number: 147
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
TRANSACTION DETAIL
Date
Posted Activity
Income
Cash
Principal
CashDescription Tax Cost
Beginning Balance 07/01/2023 $1,158,381.80 -$1,158,381.80 $68,145,634.99 07/03/23 Asset Income Interest Earned On 6,022.73
First Am Govt Ob Fd Cl Y
Interest From 6/1/23 To 6/30/23
07/25/23
07/31/23
Fee Trust Fees Collected
Charged For Period 06/01/2023 Thru 06/30/2023
-518.64
Asset Income Interest Earned On 20,625.00
U S Treasury Nt 1.375% 1/31/25
0.006875 USD/$1 Pv On 3,000,000 Par Value Due 7/31/23
Purchase
Sale
Combined Purchases For The Period 7/ 1/23 - 7/31/23 Of
First Am Govt Ob Fd Cl Y
-26,647.73
518.64
26,647.73
-518.64Combined Sales For The Period 7/ 1/23 - 7/31/23 Of First Am Govt Ob Fd Cl Y
Ending Balance 07/31/2023 $1,185,029.53 -$1,185,029.53 $68,171,764.08 Item Title: 10.3
Treasurer's Report
Item Page Number: 148
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
BOND SUMMARY
Percentage of
CategoryPar Value Market Value
MATURITY
2023
2024
2025
2026
0.00 11,000,000.00
31,000,000.00
24,000,000.00
0.00 10,391,720.00
28,777,610.00
21,509,550.00
0.00 17.13
47.43 35.44
Total of Category $66,000,000.00 $60,678,880.00 100.00
MOODY'S RATING
Aaa 66,000,000.00 60,678,880.00 100.00
Total of Category $66,000,000.00 $60,678,880.00 100.00
S&P RATING
AA+ 46,000,000.00 41,992,750.00 69.20
Item Title: 10.3
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Item Page Number: 149
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ACCOUNT NUMBER: July 1, 2023 to July 31, 2023
BOND SUMMARY (continued)
Percentage of
CategoryPar Value Market Value
N/A 20,000,000.00 18,686,130.00 30.80
Total of Category $66,000,000.00 $60,678,880.00 100.00
BOND SUMMARY MESSAGES
Data contained within this section excluded Mutual Funds, Exchange Traded Funds, and Closed-Ended Funds.
Item Title: 10.3
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Glossary
Accretion - The accumulation of the value of a discounted bond until maturity.
Adjusted Prior Market Realized Gain/Loss - The difference between the proceeds and the Prior Market Value of the transaction.
Adjusted Prior Market Unrealized Gain/Loss - The difference between the Market Value and the Adjusted Prior Market Value.
Adjusted Prior Market Value - A figure calculated using the beginning Market Value for the fiscal year, adjusted for all asset related transactions during the period, employing an average cost methodology.
Amortization - The decrease in value of a premium bond until maturity.
Asset - Anything owned that has commercial exchange value. Assets may consist of specific property or of claims against others, in contrast to obligations due to others (liabilities).
Bond Rating - A measurement of a bond's quality based upon the issuer's financial condition. Ratings are assigned by independent rating services, such as Moody's, or S&P, and reflect their opinion of the issuer's ability to meet the scheduled interest and principal repayments for the bond.
Cash - Cash activity that includes both income and principal cash categories.
Change in Unrealized Gain/Loss - Also reported as Gain/Loss in Period in the Asset Detail section.
This figure shows the market appreciation (depreciation) for the current period.
Cost Basis (Book Value) - The original price of an asset, normally the purchase price or appraised value at the time of acquisition. Book Value method maintains an average cost for each asset.
Cost Basis (Tax Basis) - The original price of an asset, normally the purchase price or appraised value at the time of acquisition. Tax Basis uses client determined methods such as Last-In-First-Out (LIFO), First-In-First-Out (FIFO), Average, Minimum Gain, and Maximum Gain.
Ending Accrual - (Also reported as Accrued Income) Income earned but not yet received, or expenses incurred but not yet paid, as of the end of the reporting period.
Estimated Annual Income - The amount of income a particular asset is anticipated to earn over the next year. The shares multiplied by annual income rate.
Estimated Current Yield - The annual rate of return on an investment expressed as a percentage. For stocks, yield is calculated by taking the annual dividend payments divided by the stock's current share price. For bonds, yield is calculated by the coupon rate divided by the bond's market price.
Ex-Dividend Date - (Also reported as Ex-Date) For stock trades, the person who owns the security on the ex-dividend date will earn the dividend, regardless of who currently owns the stock.
Income Cash - A category of cash comprised of ordinary earnings derived from investments, usually dividends and interest.
Market Value - The price per unit multiplied by the number of units.
Maturity Date - The date on which an obligation or note matures.
Payable Date - The date on which a dividend, mutual fund distribution, or interest on a bond will be made.
Principal Cash - A category of cash comprised of cash, deposits, cash withdrawals and the cash flows generated from purchases or sales of investments.
Realized Gain/Loss Calculation - The Proceeds less the Cost Basis of a transaction.
Settlement Date - The date on which a trade settles and cash or securities are credited or debited to the account.
Trade Date - The date a trade is legally entered into.
Unrealized Gain/Loss - The difference between the Market Value and Cost Basis at the end of the current period.
Yield on/at Market - The annual rate of return on an investment expressed as a percentage. For stocks, yield is calculated by the annual dividend payments divided by the stock's current share price.
For bonds, yield is calculated by the coupon rate divided by the bond's market price.
The terms defined in this glossary are only for use when reviewing your account statement. Please contact your Relationship Manager with any questions.
Item Title: 10.3
Treasurer's Report
Item Page Number: 151
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QUESTIONS? ACCOUNT NUMBER:
If you have any questions regarding your account or this statement, please contact your Administrator. CITY OF MENIFEE
SAMIR SOMERVILLE-POWEL
CN-OH-W5IT
CN-OH-W5IT
425 WALNUT STREET
CINCINNATI OH 45202
Phone 513-629-8204
E-mail [email protected] This statement is for the period from August 1, 2023 to August 31, 2023 Portfolio Manager:
TS CIN RC #6 - MANUAL
CN-OH-W6TC
000003329 02 SP
CITY OF MENIFEE
000638546860013 S
ATTN: ROCHELLE CLAYTON
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
Treasurer's Report
Item Page Number: 152
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TABLE OF CONTENTS
Schedule Page
Market Value Summary ........................................................................................
Asset Summary ....................................................................................................
Income Summary ..................................................................................................
Cash Summary .....................................................................................................
Asset Detail ...........................................................................................................
Transaction Detail .................................................................................................
Bond Summary ..................................................................................................... 1 2
3 4
5 8
9 Item Title: 10.3
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
MARKET VALUE SUMMARY
Current Period Year-to-Date
08/01/23 to 08/31/23 01/01/23 to 08/31/23 Current Period 08/01/23 to 08/31/23 Beginning Market Value $62,370,644.08 $61,419,065.59
Taxable Interest 36,731.92
-519.76
389,722.87
-4,142.22Fees and Expenses
Change in Investment Value 199,660.00 801,870.00
Ending Market Value $62,606,516.24 $62,606,516.24
Item Title: 10.3
Treasurer's Report
Item Page Number: 156
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET SUMMARY
Current Period
Market Value
% of
Total
Estimated
Annual IncomeAssets
Cash & Equivalents
Taxable Bonds
1,727,976.24
60,878,540.00
2.80 85,391.38
97.20 595,250.00
Total Market Value $62,606,516.24 100.00 $680,641.38
Item Title: 10.3
Treasurer's Report
Item Page Number: 157
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
INCOME SUMMARY
Income Received
Current Period
Income Received
YTD
Taxable Interest 36,731.92 389,722.87
Total Current Period Income $36,731.92 $389,722.87
Item Title: 10.3
Treasurer's Report
Item Page Number: 158
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
CASH SUMMARY
Principal
Cash
Income
Cash
Total
Cash
Beginning Cash 08/01/2023 -$1,185,029.53 $1,185,029.53 $0.00 Taxable Interest 36,731.92 36,731.92
Fees and Expenses
Net Money Market Activity
-519.76 -519.76
-36,212.16 -36,212.16
Ending Cash 08/31/2023 -$1,221,761.45 $1,221,761.45 $0.00 Item Title: 10.3
Treasurer's Report
Item Page Number: 159
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Cash & Equivalents
Cash/Money Market
First American Government - 31846V203
Oblig Fd Cl Y
#3763
1,727,976.240 1.0000 1,727,976.24 1,727,976.24 0.00 2.8 85,391.38 4.94 Total Cash/Money Market $1,727,976.24 $1,727,976.24 $0.00 2.8 $85,391.38 Cash
Principal Cash
Income Cash
-1,221,761.45
1,221,761.45
-1,221,761.45
1,221,761.45
-2.0
2.0 Total Cash $0.00 $0.00 $0.00
$0.00
0.0 2.8
$0.00
Total Cash & Equivalents $1,727,976.24 $1,727,976.24 $85,391.38 Taxable Bonds
US Government Issues
Federal Farm Credit Bks - 3133EMF98
0.650 06/09/2025
4,000,000.000 92.3050
89.4230
94.8670
3,692,200.00
4,471,150.00
4,743,350.00
4,000,000.00
4,977,500.00
5,000,000.00
-307,800.00
-506,350.00
-256,650.00
5.9 7.1
7.6 26,000.00
40,000.00
25,000.00
0.70 0.89
0.53 Federal Farm Credit Bks - 3133EML67
0.800 06/22/2026
5,000,000.000
Federal Home Loan Bks - 3130AMXJ6
0.500 09/30/2024
5,000,000.000
Item Title: 10.3
Treasurer's Report
Item Page Number: 160
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield Federal Home Loan Bks - 3130AMNZ1
0.500 12/16/2024
3,000,000.000 94.1380
93.0190
91.5360
92.2920
89.6590
89.8870
90.0170
93.1480
90.7580
94.8950
2,824,140.00
4,650,950.00
3,661,440.00
4,614,600.00
4,482,950.00
4,494,350.00
4,500,850.00
4,657,400.00
3,630,320.00
2,846,850.00
3,000,000.00
5,000,000.00
4,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
4,984,375.00
3,998,750.00
3,091,875.00
-175,860.00
-349,050.00
-338,560.00
-385,400.00
-517,050.00
-505,650.00
-499,150.00
-326,975.00
-368,430.00
-245,025.00
4.5 7.4
5.8 7.4
7.2 7.2
7.2 7.4
5.8 4.5
15,000.00
31,250.00
28,000.00
37,500.00
43,750.00
50,000.00
52,500.00
25,000.00
30,000.00
41,250.00
0.53 0.67
0.76 0.81
0.98 1.11
1.17 0.54
0.83 1.45
Federal Home Loan Bks - 3130AMST0
0.625 03/24/2025
5,000,000.000
Federal Home Loan Bks - 3130AMQ54
0.700 09/16/2025
4,000,000.000
Federal Home Loan Bks - 3130AMX31
0.750 06/30/2025
5,000,000.000
Federal Home Loan Bks - 3130AMM33
0.875 07/16/2026
5,000,000.000
Federal Home Loan Bks - 3130AMT28
1.000 06/30/2026
5,000,000.000
Federal Home Loan Bks - 3130AMWZ1
1.050 06/30/2026
5,000,000.000
U S Treasury Note - 912828ZF0
0.500 03/31/2025
5,000,000.000
4,000,000.000
3,000,000.000
U S Treasury Note - 91282CBT7
0.750 03/31/2026
U S Treasury Note - 912828Z52
1.375 01/31/2025
Item Title: 10.3
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Item Page Number: 161
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
ASSET DETAIL (continued)
Security Description Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated Estimated
Shares/Face Amt Price Market Value Tax Cost Annual Income Current Yield U S Treasury Note - 912828YM6
1.500 10/31/2024
3,000,000.000
3,000,000.000
2,000,000.000
95.7770
94.6640
94.7380
2,873,310.00
2,839,920.00
3,111,562.50
3,175,312.50
-238,252.50
-335,392.50
4.6 4.5
45,000.00
60,000.00
1.57 2.11
2.38 U S Treasury Note - 912828K74
2.000 08/15/2025
U S Treasury Note - 912828M56
2.250 11/15/2025
1,894,760.00 2,140,625.00 -245,865.00 3.0 45,000.00
Total US Government Issues
Total Taxable Bonds
$60,878,540.00 $66,480,000.00 -$5,601,460.00 97.2 $595,250.00 $60,878,540.00
$62,606,516.24
$66,480,000.00
$68,207,976.24
-$5,601,460.00
-$5,601,460.00
97.2 $595,250.00
$680,641.38Total Assets 100.0
Estimated Current Yield 1.08
ASSET DETAIL MESSAGES
Time of trade execution and trading party (if not disclosed) will be provided upon request.
Publicly traded assets are valued in accordance with market quotations or valuation methodologies from financial industry services believed by us to be reliable. Assets that are not publicly traded may be reflected at values from other external sources. Assets for which a current value is not available may be reflected at a previous value or as not valued, at par value, or at a nominal value. Values shown do not necessarily reflect prices at which assets could be bought or sold. Values are updated based on internal policy and may be updated less frequently than statement generation.
Item Title: 10.3
Treasurer's Report
Item Page Number: 162
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
TRANSACTION DETAIL
Date
Posted Activity
Income
Cash
Principal
CashDescription Tax Cost
Beginning Balance 08/01/2023 $1,185,029.53 -$1,185,029.53 $68,171,764.08 08/01/23
08/15/23
08/25/23
Asset Income Interest Earned On
First Am Govt Ob Fd Cl Y
Interest From 7/1/23 To 7/31/23
6,731.92
Asset Income Interest Earned On
U S Treasury Nt 2.000% 8/15/25
0.01 USD/$1 Pv On 3,000,000 Par Value Due 8/15/23
30,000.00
Fee Trust Fees Collected
Charged For Period 07/01/2023 Thru 07/31/2023
-519.76
-36,731.92
519.76
Purchase
Sale
Combined Purchases For The Period 8/ 1/23 - 8/31/23 Of
First Am Govt Ob Fd Cl Y
36,731.92
-519.76Combined Sales For The Period 8/ 1/23 - 8/31/23 Of First Am Govt Ob Fd Cl Y
Ending Balance 08/31/2023 $1,221,761.45 -$1,221,761.45 $68,207,976.24 Item Title: 10.3
Treasurer's Report
Item Page Number: 163
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
BOND SUMMARY
Percentage of
Par Value Market Value Category
MATURITY
2023
2024
2025
2026
0.00 11,000,000.00
31,000,000.00
24,000,000.00
0.00 10,440,800.00
28,858,120.00
21,579,620.00
0.00 17.16
47.40 35.44
Total of Category $66,000,000.00 $60,878,540.00 100.00
MOODY'S RATING
Aaa 66,000,000.00 60,878,540.00 100.00
Total of Category $66,000,000.00 $60,878,540.00 100.00
S&P RATING
AA+ 46,000,000.00 42,135,980.00 69.21
Item Title: 10.3
Treasurer's Report
Item Page Number: 164
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ACCOUNT NUMBER: August 1, 2023 to August 31, 2023
BOND SUMMARY (continued)
Percentage of
Par Value Market Value Category
N/A 20,000,000.00 18,742,560.00 30.79
Total of Category $66,000,000.00 $60,878,540.00 100.00
BOND SUMMARY MESSAGES
Data contained within this section excluded Mutual Funds, Exchange Traded Funds, and Closed-Ended Funds.
Item Title: 10.3
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Glossary
Accretion - The accumulation of the value of a discounted bond until maturity.
Adjusted Prior Market Realized Gain/Loss - The difference between the proceeds and the Prior Market Value of the transaction.
Adjusted Prior Market Unrealized Gain/Loss - The difference between the Market Value and the Adjusted Prior Market Value.
Adjusted Prior Market Value - A figure calculated using the beginning Market Value for the fiscal year, adjusted for all asset related transactions during the period, employing an average cost methodology.
Amortization - The decrease in value of a premium bond until maturity.
Asset - Anything owned that has commercial exchange value. Assets may consist of specific property or of claims against others, in contrast to obligations due to others (liabilities).
Bond Rating - A measurement of a bond's quality based upon the issuer's financial condition. Ratings are assigned by independent rating services, such as Moody's, or S&P, and reflect their opinion of the issuer's ability to meet the scheduled interest and principal repayments for the bond.
Cash - Cash activity that includes both income and principal cash categories.
Change in Unrealized Gain/Loss - Also reported as Gain/Loss in Period in the Asset Detail section.
This figure shows the market appreciation (depreciation) for the current period.
Cost Basis (Book Value) - The original price of an asset, normally the purchase price or appraised value at the time of acquisition. Book Value method maintains an average cost for each asset.
Cost Basis (Tax Basis) - The original price of an asset, normally the purchase price or appraised value at the time of acquisition. Tax Basis uses client determined methods such as Last-In-First-Out (LIFO), First-In-First-Out (FIFO), Average, Minimum Gain, and Maximum Gain.
Ending Accrual - (Also reported as Accrued Income) Income earned but not yet received, or expenses incurred but not yet paid, as of the end of the reporting period.
Estimated Annual Income - The amount of income a particular asset is anticipated to earn over the next year. The shares multiplied by annual income rate.
Estimated Current Yield - The annual rate of return on an investment expressed as a percentage. For stocks, yield is calculated by taking the annual dividend payments divided by the stock's current share price. For bonds, yield is calculated by the coupon rate divided by the bond's market price.
Ex-Dividend Date - (Also reported as Ex-Date) For stock trades, the person who owns the security on the ex-dividend date will earn the dividend, regardless of who currently owns the stock.
Income Cash - A category of cash comprised of ordinary earnings derived from investments, usually dividends and interest.
Market Value - The price per unit multiplied by the number of units.
Maturity Date - The date on which an obligation or note matures.
Payable Date - The date on which a dividend, mutual fund distribution, or interest on a bond will be made.
Principal Cash - A category of cash comprised of cash, deposits, cash withdrawals and the cash flows generated from purchases or sales of investments.
Realized Gain/Loss Calculation - The Proceeds less the Cost Basis of a transaction.
Settlement Date - The date on which a trade settles and cash or securities are credited or debited to the account.
Trade Date - The date a trade is legally entered into.
Unrealized Gain/Loss - The difference between the Market Value and Cost Basis at the end of the current period.
Yield on/at Market - The annual rate of return on an investment expressed as a percentage. For stocks, yield is calculated by the annual dividend payments divided by the stock's current share price.
For bonds, yield is calculated by the coupon rate divided by the bond's market price.
The terms defined in this glossary are only for use when reviewing your account statement. Please contact your Relationship Manager with any questions.
Item Title: 10.3
Treasurer's Report
Item Page Number: 166
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QUESTIONS? ACCOUNT NUMBER:
If you have any questions regarding your account or this statement, please contact your Administrator. CITY OF MENIFEE
SAMIR SOMERVILLE-POWEL
CN-OH-W5IT
CN-OH-W5IT
425 WALNUT STREET
CINCINNATI OH 45202
Phone 513-629-8204
E-mail [email protected] This statement is for the period from September 1, 2023 to September 30, 2023 Portfolio Manager:
TS CIN RC #6 - MANUAL
CN-OH-W6TC
000003359 02 SP
CITY OF MENIFEE
000638565878393 S
ATTN: ROCHELLE CLAYTON
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
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TABLE OF CONTENTS
Schedule Page
Market Value Summary ........................................................................................
Asset Summary ....................................................................................................
Income Summary ..................................................................................................
Cash Summary .....................................................................................................
Asset Detail ...........................................................................................................
Transaction Detail .................................................................................................
Bond Summary ..................................................................................................... 1 2
3 4
5 8
9 Item Title: 10.3
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023
MARKET VALUE SUMMARY
Current Period Year-to-Date
09/01/23 to 09/30/23 01/01/23 to 09/30/23 Current Period 09/01/23 to 09/30/23 Beginning Market Value $62,606,516.24 $61,419,065.59
Taxable Interest 36,800.40
-521.72
426,523.27
-4,663.94Fees and Expenses
Change in Investment Value -68,530.00 733,340.00
Ending Market Value $62,574,264.92 $62,574,264.92
Item Title: 10.3
Treasurer's Report
Item Page Number: 171
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023
ASSET SUMMARY
Current Period
Market Value
% of
Total
Estimated
Annual IncomeAssets
Cash & Equivalents
Taxable Bonds
1,764,254.92
60,810,010.00
2.80 87,441.10
97.20 595,250.00
Total Market Value $62,574,264.92 100.00 $682,691.10
Item Title: 10.3
Treasurer's Report
Item Page Number: 172
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023
INCOME SUMMARY
Income Received
Current Period
Income Received
YTD
Taxable Interest 36,800.40 426,523.27
Total Current Period Income $36,800.40 $426,523.27
Item Title: 10.3
Treasurer's Report
Item Page Number: 173
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023
CASH SUMMARY
Principal
Cash
Income
Cash
Total
Cash
Beginning Cash 09/01/2023 -$1,221,761.45 $1,221,761.45 $0.00 Taxable Interest 36,800.40 36,800.40
-521.72Fees and Expenses
Net Money Market Activity
-521.72
-36,278.68 -36,278.68
Ending Cash 09/30/2023 -$1,258,561.85 $1,258,561.85 $0.00 Item Title: 10.3
Treasurer's Report
Item Page Number: 174
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023
ASSET DETAIL
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost Cash & Equivalents
Cash/Money Market
First American Government - 31846V203
Oblig Fd Cl Y
#3763
1,764,254.920 1.0000 1,764,254.92 1,764,254.92 0.00 2.8 87,441.10 4.96 Total Cash/Money Market $1,764,254.92 $1,764,254.92 $0.00 2.8 $87,441.10 Cash
Principal Cash
Income Cash
-1,258,561.85
1,258,561.85
-1,258,561.85
1,258,561.85
-2.0
2.0 Total Cash $0.00 $0.00 $0.00
$0.00
0.0 2.8
$0.00
Total Cash & Equivalents $1,764,254.92 $1,764,254.92 $87,441.10 Taxable Bonds
US Government Issues
Federal Farm Credit Bks - 3133EMF98
0.650 06/09/2025
4,000,000.000 92.4000
89.0170
95.0910
3,696,000.00
4,450,850.00
4,754,550.00
4,000,000.00
4,977,500.00
5,000,000.00
-304,000.00
-526,650.00
-245,450.00
5.9 7.1
7.6 26,000.00
40,000.00
25,000.00
0.70 0.90
0.53 Federal Farm Credit Bks - 3133EML67
0.800 06/22/2026
5,000,000.000
Federal Home Loan Bks - 3130AMXJ6
0.500 09/30/2024
5,000,000.000
Item Title: 10.3
Treasurer's Report
Item Page Number: 175
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost Federal Home Loan Bks - 3130AMNZ1
0.500 12/16/2024
3,000,000.000 94.2930
93.1420
91.5820
92.3690
89.2590
89.4520
89.5790
93.1840
90.4300
94.9530
2,828,790.00
4,657,100.00
3,663,280.00
4,618,450.00
4,462,950.00
4,472,600.00
4,478,950.00
4,659,200.00
3,617,200.00
2,848,590.00
3,000,000.00
5,000,000.00
4,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
4,984,375.00
3,998,750.00
3,091,875.00
-171,210.00
-342,900.00
-336,720.00
-381,550.00
-537,050.00
-527,400.00
-521,050.00
-325,175.00
-381,550.00
-243,285.00
4.5 7.4
5.9 7.4
7.1 7.1
7.2 7.4
5.8 4.6
15,000.00
31,250.00
28,000.00
37,500.00
43,750.00
50,000.00
52,500.00
25,000.00
30,000.00
41,250.00
0.53 0.67
0.76 0.81
0.98 1.12
1.17 0.54
0.83 1.45
Federal Home Loan Bks - 3130AMST0
0.625 03/24/2025
5,000,000.000
Federal Home Loan Bks - 3130AMQ54
0.700 09/16/2025
4,000,000.000
Federal Home Loan Bks - 3130AMX31
0.750 06/30/2025
5,000,000.000
Federal Home Loan Bks - 3130AMM33
0.875 07/16/2026
5,000,000.000
Federal Home Loan Bks - 3130AMT28
1.000 06/30/2026
5,000,000.000
Federal Home Loan Bks - 3130AMWZ1
1.050 06/30/2026
5,000,000.000
U S Treasury Note - 912828ZF0
0.500 03/31/2025
5,000,000.000
4,000,000.000
3,000,000.000
U S Treasury Note - 91282CBT7
0.750 03/31/2026
U S Treasury Note - 912828Z52
1.375 01/31/2025
Item Title: 10.3
Treasurer's Report
Item Page Number: 176
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 ASSET DETAIL (continued)
Security Description Percent
Unrealized
Gain/Loss
of Total
Portfolio
Estimated
Annual Income
Estimated
Current YieldShares/Face Amt Price Market Value Tax Cost U S Treasury Note - 912828YM6
1.500 10/31/2024
3,000,000.000
3,000,000.000
2,000,000.000
95.9060
94.4880
94.4840
2,877,180.00
2,834,640.00
3,111,562.50
3,175,312.50
-234,382.50
-340,672.50
4.6 4.5
45,000.00
60,000.00
1.56 2.12
2.38 U S Treasury Note - 912828K74
2.000 08/15/2025
U S Treasury Note - 912828M56
2.250 11/15/2025
1,889,680.00 2,140,625.00 -250,945.00 3.0 45,000.00
Total US Government Issues
Total Taxable Bonds
$60,810,010.00 $66,480,000.00 -$5,669,990.00 97.2 $595,250.00 $60,810,010.00
$62,574,264.92
$66,480,000.00
$68,244,254.92
-$5,669,990.00
-$5,669,990.00
97.2 $595,250.00
$682,691.10Total Assets 100.0
Estimated Current Yield 1.09
ASSET DETAIL MESSAGES
Time of trade execution and trading party (if not disclosed) will be provided upon request.
Publicly traded assets are valued in accordance with market quotations or valuation methodologies from financial industry services believed by us to be reliable. Assets that are not publicly traded may be reflected at values from other external sources. Assets for which a current value is not available may be reflected at a previous value or as not valued, at par value, or at a nominal value. Values shown do not necessarily reflect prices at which assets could be bought or sold. Values are updated based on internal policy and may be updated less frequently than statement generation.
Item Title: 10.3
Treasurer's Report
Item Page Number: 177
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023
TRANSACTION DETAIL
Date
Posted Activity
Income
Cash
Principal
Description Cash Tax Cost
Beginning Balance 09/01/2023 $1,221,761.45 -$1,221,761.45 $68,207,976.24 09/01/23 Asset Income Interest Earned On 7,175.40
First Am Govt Ob Fd Cl Y
Interest From 8/1/23 To 8/31/23
09/18/23 Asset Income Interest Earned On
F H L B Deb 0.700% 9/16/25
0.0035 USD/$1 Pv On 4,000,000 Par Value Due 9/16/23
14,000.00
15,625.00
09/25/23
09/25/23
Fee Trust Fees Collected
Charged For Period 08/01/2023 Thru 08/31/2023
-521.72
Asset Income Interest Earned On
F H L B Deb 0.625% 3/24/25
0.003125 USD/$1 Pv On 5,000,000 Par Value Due 9/24/23
Purchase Combined Purchases For The Period 9/ 1/23 - 9/30/23 Of First Am Govt Ob Fd Cl Y
-36,278.68 36,278.68
Ending Balance 09/30/2023 $1,258,561.85 -$1,258,561.85 $68,244,254.92 Item Title: 10.3
Treasurer's Report
Item Page Number: 178
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023
BOND SUMMARY
Percentage of
Par Value Market Value Category
MATURITY
2023
2024
2025
2026
0.00 11,000,000.00
31,000,000.00
24,000,000.00
0.00 10,460,520.00
28,866,940.00
21,482,550.00
0.00 17.21
47.47 35.32
Total of Category $66,000,000.00 $60,810,010.00 100.00
MOODY'S RATING
Aaa 66,000,000.00 60,810,010.00 100.00
Total of Category $66,000,000.00 $60,810,010.00 100.00
S&P RATING
AA+ 46,000,000.00 42,083,520.00 69.20
Item Title: 10.3
Treasurer's Report
Item Page Number: 179
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ACCOUNT NUMBER: September 1, 2023 to September 30, 2023 BOND SUMMARY (continued)
Percentage of
Par Value Market Value Category
N/A 20,000,000.00 18,726,490.00 30.80
Total of Category $66,000,000.00 $60,810,010.00 100.00
BOND SUMMARY MESSAGES
Data contained within this section excluded Mutual Funds, Exchange Traded Funds, and Closed-Ended Funds.
Item Title: 10.3
Treasurer's Report
Item Page Number: 180
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Glossary
Accretion - The accumulation of the value of a discounted bond until maturity.
Adjusted Prior Market Realized Gain/Loss - The difference between the proceeds and the Prior Market Value of the transaction.
Adjusted Prior Market Unrealized Gain/Loss - The difference between the Market Value and the Adjusted Prior Market Value.
Adjusted Prior Market Value - A figure calculated using the beginning Market Value for the fiscal year, adjusted for all asset related transactions during the period, employing an average cost methodology.
Amortization - The decrease in value of a premium bond until maturity.
Asset - Anything owned that has commercial exchange value. Assets may consist of specific property or of claims against others, in contrast to obligations due to others (liabilities).
Bond Rating - A measurement of a bond's quality based upon the issuer's financial condition. Ratings are assigned by independent rating services, such as Moody's, or S&P, and reflect their opinion of the issuer's ability to meet the scheduled interest and principal repayments for the bond.
Cash - Cash activity that includes both income and principal cash categories.
Change in Unrealized Gain/Loss - Also reported as Gain/Loss in Period in the Asset Detail section.
This figure shows the market appreciation (depreciation) for the current period.
Cost Basis (Book Value) - The original price of an asset, normally the purchase price or appraised value at the time of acquisition. Book Value method maintains an average cost for each asset.
Cost Basis (Tax Basis) - The original price of an asset, normally the purchase price or appraised value at the time of acquisition. Tax Basis uses client determined methods such as Last-In-First-Out (LIFO), First-In-First-Out (FIFO), Average, Minimum Gain, and Maximum Gain.
Ending Accrual - (Also reported as Accrued Income) Income earned but not yet received, or expenses incurred but not yet paid, as of the end of the reporting period.
Estimated Annual Income - The amount of income a particular asset is anticipated to earn over the next year. The shares multiplied by annual income rate.
Estimated Current Yield - The annual rate of return on an investment expressed as a percentage. For stocks, yield is calculated by taking the annual dividend payments divided by the stock's current share price. For bonds, yield is calculated by the coupon rate divided by the bond's market price.
Ex-Dividend Date - (Also reported as Ex-Date) For stock trades, the person who owns the security on the ex-dividend date will earn the dividend, regardless of who currently owns the stock.
Income Cash - A category of cash comprised of ordinary earnings derived from investments, usually dividends and interest.
Market Value - The price per unit multiplied by the number of units.
Maturity Date - The date on which an obligation or note matures.
Payable Date - The date on which a dividend, mutual fund distribution, or interest on a bond will be made.
Principal Cash - A category of cash comprised of cash, deposits, cash withdrawals and the cash flows generated from purchases or sales of investments.
Realized Gain/Loss Calculation - The Proceeds less the Cost Basis of a transaction.
Settlement Date - The date on which a trade settles and cash or securities are credited or debited to the account.
Trade Date - The date a trade is legally entered into.
Unrealized Gain/Loss - The difference between the Market Value and Cost Basis at the end of the current period.
Yield on/at Market - The annual rate of return on an investment expressed as a percentage. For stocks, yield is calculated by the annual dividend payments divided by the stock's current share price.
For bonds, yield is calculated by the coupon rate divided by the bond's market price.
The terms defined in this glossary are only for use when reviewing your account statement. Please contact your Relationship Manager with any questions.
Item Title: 10.3
Treasurer's Report
Item Page Number: 181
Menifee Mayor and City Council
November 15, 2023
Page
233 of 672
Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
November 07, 2023
LAIF Home
PMIA Average Monthly
Yields
CITY OF MENIFEE
FINANCE
29714 HAUN ROAD
MENIFEE, CA 92586
Account Number:
July 2023 Statement
Tran Type Definitions
Effective
Date
Transaction
Date
Tran
Type Confirm
Number
Web
Confirm
Number Authorized Caller Amount
7/14/2023 7/19/2023 QRD 1736147 N/A SYSTEM 488,517.81
Account Summary
Total Deposit: 488,517.81 Beginning Balance: 62,220,462.29 Total Withdrawal: 0.00 Ending Balance: 62,708,980.10
FY 2023 Interest accrued back to 6/30/2023
Item Title: 10.3
Treasurer's Report
Item Page Number: 182
Menifee Mayor and City Council
November 15, 2023
Page
234 of 672
Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
November 07, 2023
LAIF Home
PMIA Average Monthly
Yields
CITY OF MENIFEE
FINANCE
29714 HAUN ROAD
MENIFEE, CA 92586
Account Number:
August 2023 Statement
Tran Type Definitions
Account Summary
Total Deposit: 0.00 Beginning Balance: 62,708,980.10
Total Withdrawal: 0.00 Ending Balance: 62,708,980.10
Item Title: 10.3
Treasurer's Report
Item Page Number: 183
Menifee Mayor and City Council
November 15, 2023
Page
235 of 672
Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
November 07, 2023
LAIF Home
PMIA Average Monthly
Yields
CITY OF MENIFEE
FINANCE
29714 HAUN ROAD
MENIFEE, CA 92586
Account Number:
September 2023 Statement
Tran Type Definitions
Account Summary
Total Deposit: 0.00 Beginning Balance: 62,708,980.10
Total Withdrawal: 0.00 Ending Balance: 62,708,980.10
Item Title: 10.3
Treasurer's Report
Item Page Number: 184
Menifee Mayor and City Council
November 15, 2023
Page
236 of 672
CITY OF MENIFEE
SUBJECT: Menifee Police Management Association Side Letter Agreement
MEETING DATE: November 15, 2023
TO: Mayor and City Council
PREPARED BY: Bryan Melton, Human Resource Analyst
REVIEWED BY: Jonathan Nicks, Deputy City Manager
APPROVED BY: Rebekah Kramer, Acting City Manager
-------------------------------------------------------------------------------------------------------------------------------
RECOMMENDED ACTION
1. Authorize the City Manager or designee to execute and implement terms of the Memorandum of Understanding Side Letter with the Menifee Police Management Association.
DISCUSSION
On November 17, 2021, the City Council approved a Memorandum of Understanding (MOU) with the Menifee Police Management Association (MPMA). Section 26.C. (Holiday Leave – Holiday Pay Options) stated that employees required to work holidays would receive a leave bank of 112.5 hours of holiday hours each fiscal year, in which they are required to schedule a consecutive leave of absence, between 40 and 80 hours, each fiscal year.
To reduce operational impacts, the City and MPMA tentatively agree to remove the requirement that the holiday leave of absence be consecutive. Additionally, removing the consecutive requirement provides greater flexibility in the ability to schedule leave in smaller increments.
Background
Section 3505.1 of the Meyers-Milias-Brown Act provides that "If a tentative agreement is reached by the authorized representatives of the public agency and a recognized employee organization or recognized employee organizations, the governing body shall vote to accept or reject the tentative agreement within 30 days of the date it is first considered at a duly noticed public meeting. A decision by the governing body to reject the tentative agreement shall not bar the filing of a charge of unfair practice for failure to meet and confer in good faith. If the governing body adopts the tentative agreement, the parties shall jointly prepare a written memorandum of understanding.” Once approved by the governing body of a local agency, a memorandum of understanding becomes a binding agreement between the employee organization and the local agency.
Item Title: 10.4
Menifee Police Management Association Side Letter Agreement Item Page Number: 1
Menifee Mayor and City Council
November 15, 2023
Page
237 of 672
City of Menifee Staff Report
Menifee Police Management Association Side Letter
November 15, 2023