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, February 21, 2024
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)
1. CONFERENCE WITH REAL PROPERTY NEGOTIATORS Government Code Section 54956.8 Property: 2555 Bundy Canyon Road, MenifeeCA 92584; Agency Negotiators: Armando Villa, City Manager; Nicolas Fiddler, Public Works andEngineering Director, Carlos Geronimo, Principal Engineer; Jeffrey Melching, CityAttorney; Negotiating Parties: City of Menifee; Christopher Good; Under Negotiation: Price and Terms of Payment
2. CONFERENCEWITH LEGALCOUNSELEXISTINGLITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 RiversideCounty Superior Court Case No. CVRI230303456 City of Perris v. City of Menifee
3. CONFERENCEWITH LEGALCOUNSELEXISTINGLITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 RiversideCounty Superior Court Case No. CVRI2203040 City of Menifeev. City of Perris
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Micah Orloff – Elevation Church
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. Outstanding Citizen of the Month – Luis Vidal
5.2. Business Spotlight – LCL Realty and Property Management
5.3. Community Services Update
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 NONE
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 1/19/2024 and 1/26/2024 and the Payroll Register/Other EFTs dated 1/19/2024 and 1/23/2024, which have a total budgetary impact of $4,956,865.18.
10.3 Treasurer's Report December 2023
RECOMMENDED ACTION
1. Receive and file the Treasurer’s Report as of December 31, 2023.
10.4 Monthly Public Safety Reports
RECOMMENDED ACTION
1. Receive and file Public Safety Reports – December 2023.
10.5 Menifee Valley Specific Plan
RECOMMENDED ACTION
1. Adopt a resolution certifying the Environmental Impact Report (EIR) (State Clearinghouse No. 2022030233), adopting the Findings of Fact and Statement of Overriding Considerations, and adopting the Mitigation Monitoring and Reporting Program for the Menifee Valley Specific Plan (MVSP) Project located north of the Burlington Northern Santa Fe Railroad tracks and Matthews Road, west of Briggs Road, south of SR74, and east of Menifee Road; and
2. Adopt a resolution approving General Plan Amendment No. PLN210336; and
3. Adopt a resolution approving Tentative Tract Map No. PLN220033; and
4. Adopt an ordinance approving Change of Zone No. PLN210335, Specific Plan Amendment No. PLN210221, and Specific Plan No. PLN210217 for the Menifee Valley Specific Plan (MVSP) Project located north of the Burlington Northern Santa Fe Railroad tracks and Matthews Road, west of Briggs Road, south of State Route 74 (SR74), east of Menifee Road; and
5. Adopt an ordinance approving Development Agreement No. PLN220033.
10.6 Agreement Amendment with Environmental Science Associates for OnCall Environmental Review Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 1 with Environmental Science Associates for Fiscal Year 2023/2024 oncall environmental review services, increasing the compensation by $10,000 for a total agreement amount nottoexceed $25,000.
10.7 Agreement Amendment with Western Riverside Council of Governments for the Regional Streetlight Program, Streetlight Operations and Maintenance RECOMMENDED ACTION
1. Approve and authorize the City Manager, or designee, to execute a First Amendment to the Implementation Agreement with the Western Riverside Council of Governments for participation in the Regional Streetlight Program, extending the term of service three years through December 2026 in an amount of $901,711; and
2. Authorize the Finance Department to issue individual purchase orders against the Agreement; and
3. Approve and authorize the City Manager to execute Appendix 5 to the Western Riverside Council of Governments Professional Services Agreement, providing for services with Yunex Traffic as it relates to streetlight operations and maintenance.
10.8 Agreement Amendment with the State of California, Department of California Highway Patrol for the Holland Road / I215 Overcrossing Project RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 2 to the Construction Zone Enhanced Enforcement Program Agreement with the State of California, Department of California Highway Patrol for traffic control related services for the Holland Road / I215 Overpass Project, Capital Improvement Program Project No. CIP 1303.
10.9 Agreement Amendment with ETech360, Inc. for AsNeeded Professional Information Technology Support Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 3 to the professional services agreement with ETech360, Inc. for asneeded professional information technology support services in an amount notto exceed $120,000, for a revised total of $336,666.
10.10 Quitclaim Deeds to Riverside County Flood Control and Water Conservation District for Storm Drainage Easements in Audie Murphy Ranch
RECOMMENDED ACTION
1. Approve Quitclaim Deeds for Salt Creek/Clover Creek Lane Storm Drain Stage 3 Line A for two segments of Line A that run through a portion of Tract 289201; and
2. Approve Quitclaim Deed for Salt Creek/Destry Drive Storm Drain Stage 1 Line B for the segment of Line B that runs through a portion of Tract 318221; and
3. Approve Quitclaim Deeds for Salt Creek/Destry Drive Storm Drain Stage 1 Line B for two segments of Line B that run through a portion of Tract 364852; and
4. Approve Quitclaim Deed for Salt Creek/Destry Drive Storm Drain Stage 1 Line C7 for the segment of Line C7 that runs through a portion of Tract 3648510.
10.11 Appropriation of Developer InLieu FairShare funds for the Goetz Road/Vista Way Traffic Signal Project
RECOMMENDED ACTION
1. Adopt a budget amendment resolution amending the Fiscal Year 2023/2024 capital improvement budget by appropriating Developer InLieu Fair Share deposits in the amount of $24,069.72 from the Trust Fund to the Capital Projects Fund for the Goetz Road/Vista Way Traffic Signal Project, Capital Improvement Program Project No. 2302.
10.12 Parcel Map 38627 for Financing Purposes for Banner Park South by Diamond Brothers Five Partnership, LP
RECOMMENDED ACTION
1. Adopt a resolution approving filing of Parcel Map No. 38627 for financing purposes for Banner Park South, located south of Domenigoni Parkway and west of Briggs Road, by Diamond Brothers Five Partnership, LP; and
2. Authorize the City Clerk to file the adopted resolution with the Riverside County Recorder’s Office, discharging the existing Subdivision Lien Agreement; and
3. Authorize 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.
10.13 Agreement and Bond for Plot Plan 20200167, Boulders Mixed Use, by Boulders Menifee LLC
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Landscape Improvement Agreement to guarantee the completion of required public landscape improvements associated with Plot Plan 20200167, Boulders Mixed Use, by Boulders Menifee LLC, located north of Normandy Road and east of Berea Road.
10.14 Agreements and Bonds for Elementary School No. 15, by Menifee Union School District
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Public Improvement Agreements to guarantee the completion of required public improvements associated with Elementary School Number 15 (the Salley Buselt Elementary School) by Menifee Union School District.
10.15 Acceptance of Public Improvements and 90% Release of Security for Tract Map 344063, Hampton at Heritage Lake, by Lennar Homes of California, Inc.
RECOMMENDED ACTION
1. Accept the public improvements for streets, drainage, water, and sewer systems for Tract Map 344063, Hampton at Heritage Lake, located north of McCall Boulevard and west of Aqua Drive; and
2. Authorize the City Engineer to release 90% of the posted securities per the City’s Standard Policies.
11. PUBLIC HEARING ITEMS
11.1 Motte Business Center Appeal
RECOMMENDED ACTION
1. Adopt a resolution denying Appeal No. PLN230249 and upholding the Planning Commission’s certification of an Environmental Impact Report, approval of Tentative Parcel Map No. 38432 (PLN220114), and Plot Plan No. PLN220115 for Motte Business Center Project generally located at the southwest corner of Ethanac Road and Antelope Road.
12. DISCUSSION ITEMS
12.1 Statutory Increase in Compensation for Members of the City Council to Take Effect after the 2024 Municipal Election
RECOMMENDED ACTION
1. Review and discuss an increase in compensation for members of the City Council in accordance with the provisions of Government Code Section 36516 and Municipal Code Section 2.04.040; and
2. Introduce an Ordinanceapproving a statutory increase in compensation for members of the City Council to take effect after the 2024 municipal election.
12.2 Ordinance Introduction for the Repeal and Replacement of Chapter 5.45 of Title 5 Related to the Regulation of Massage Establishments
RECOMMENDED ACTION
1. Introduce an ordinance repealing and replacing Chapter 5.45 of Title 5 of the Menifee Municipal Code relating to the regulation of Massage Establishments.
12.3 Southern Gateway Specific Plan Ad Hoc Subcommittee RECOMMENDED ACTION
1. Establish and appoint two Councilmembers to a City Council Ad Hoc Subcommittee for the Southern Gateway Specific Plan project in keeping with City Council Policy No. 2.
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: March 6, 2024
> Discuss Reduction of Business License to be the Lowest In the County (Estrada, October 4, 2023)
Target Date: March 6, 2024
> Discuss options on how to move forward with annexation of all Parks located in Menifee. (Estrada, October 4, 2023)
Target Date: TBD
> Discuss Property Tax Benefits for Disabled Veterans (Estrada, July 19, 2023) Target Date:TBD
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
February 21, 2024
Page
1 of 1711
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, February 21, 2024
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)
1. CONFERENCE WITH REAL PROPERTY NEGOTIATORS Government Code Section 54956.8 Property: 2555 Bundy Canyon Road, MenifeeCA 92584; Agency Negotiators: Armando Villa, City Manager; Nicolas Fiddler, Public Works andEngineering Director, Carlos Geronimo, Principal Engineer; Jeffrey Melching, CityAttorney; Negotiating Parties: City of Menifee; Christopher Good; Under Negotiation: Price and Terms of Payment
2. CONFERENCEWITH LEGALCOUNSELEXISTINGLITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 RiversideCounty Superior Court Case No. CVRI230303456 City of Perris v. City of Menifee
3. CONFERENCEWITH LEGALCOUNSELEXISTINGLITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 RiversideCounty Superior Court Case No. CVRI2203040 City of Menifeev. City of Perris
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Micah Orloff – Elevation Church
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. Outstanding Citizen of the Month – Luis Vidal
5.2. Business Spotlight – LCL Realty and Property Management
5.3. Community Services Update
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 NONE
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 1/19/2024 and 1/26/2024 and the Payroll Register/Other EFTs dated 1/19/2024 and 1/23/2024, which have a total budgetary impact of $4,956,865.18.
10.3 Treasurer's Report December 2023
RECOMMENDED ACTION
1. Receive and file the Treasurer’s Report as of December 31, 2023.
10.4 Monthly Public Safety Reports
RECOMMENDED ACTION
1. Receive and file Public Safety Reports – December 2023.
10.5 Menifee Valley Specific Plan
RECOMMENDED ACTION
1. Adopt a resolution certifying the Environmental Impact Report (EIR) (State Clearinghouse No. 2022030233), adopting the Findings of Fact and Statement of Overriding Considerations, and adopting the Mitigation Monitoring and Reporting Program for the Menifee Valley Specific Plan (MVSP) Project located north of the Burlington Northern Santa Fe Railroad tracks and Matthews Road, west of Briggs Road, south of SR74, and east of Menifee Road; and
2. Adopt a resolution approving General Plan Amendment No. PLN210336; and
3. Adopt a resolution approving Tentative Tract Map No. PLN220033; and
4. Adopt an ordinance approving Change of Zone No. PLN210335, Specific Plan Amendment No. PLN210221, and Specific Plan No. PLN210217 for the Menifee Valley Specific Plan (MVSP) Project located north of the Burlington Northern Santa Fe Railroad tracks and Matthews Road, west of Briggs Road, south of State Route 74 (SR74), east of Menifee Road; and
5. Adopt an ordinance approving Development Agreement No. PLN220033.
10.6 Agreement Amendment with Environmental Science Associates for OnCall Environmental Review Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 1 with Environmental Science Associates for Fiscal Year 2023/2024 oncall environmental review services, increasing the compensation by $10,000 for a total agreement amount nottoexceed $25,000.
10.7 Agreement Amendment with Western Riverside Council of Governments for the Regional Streetlight Program, Streetlight Operations and Maintenance RECOMMENDED ACTION
1. Approve and authorize the City Manager, or designee, to execute a First Amendment to the Implementation Agreement with the Western Riverside Council of Governments for participation in the Regional Streetlight Program, extending the term of service three years through December 2026 in an amount of $901,711; and
2. Authorize the Finance Department to issue individual purchase orders against the Agreement; and
3. Approve and authorize the City Manager to execute Appendix 5 to the Western Riverside Council of Governments Professional Services Agreement, providing for services with Yunex Traffic as it relates to streetlight operations and maintenance.
10.8 Agreement Amendment with the State of California, Department of California Highway Patrol for the Holland Road / I215 Overcrossing Project RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 2 to the Construction Zone Enhanced Enforcement Program Agreement with the State of California, Department of California Highway Patrol for traffic control related services for the Holland Road / I215 Overpass Project, Capital Improvement Program Project No. CIP 1303.
10.9 Agreement Amendment with ETech360, Inc. for AsNeeded Professional Information Technology Support Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 3 to the professional services agreement with ETech360, Inc. for asneeded professional information technology support services in an amount notto exceed $120,000, for a revised total of $336,666.
10.10 Quitclaim Deeds to Riverside County Flood Control and Water Conservation District for Storm Drainage Easements in Audie Murphy Ranch
RECOMMENDED ACTION
1. Approve Quitclaim Deeds for Salt Creek/Clover Creek Lane Storm Drain Stage 3 Line A for two segments of Line A that run through a portion of Tract 289201; and
2. Approve Quitclaim Deed for Salt Creek/Destry Drive Storm Drain Stage 1 Line B for the segment of Line B that runs through a portion of Tract 318221; and
3. Approve Quitclaim Deeds for Salt Creek/Destry Drive Storm Drain Stage 1 Line B for two segments of Line B that run through a portion of Tract 364852; and
4. Approve Quitclaim Deed for Salt Creek/Destry Drive Storm Drain Stage 1 Line C7 for the segment of Line C7 that runs through a portion of Tract 3648510.
10.11 Appropriation of Developer InLieu FairShare funds for the Goetz Road/Vista Way Traffic Signal Project
RECOMMENDED ACTION
1. Adopt a budget amendment resolution amending the Fiscal Year 2023/2024 capital improvement budget by appropriating Developer InLieu Fair Share deposits in the amount of $24,069.72 from the Trust Fund to the Capital Projects Fund for the Goetz Road/Vista Way Traffic Signal Project, Capital Improvement Program Project No. 2302.
10.12 Parcel Map 38627 for Financing Purposes for Banner Park South by Diamond Brothers Five Partnership, LP
RECOMMENDED ACTION
1. Adopt a resolution approving filing of Parcel Map No. 38627 for financing purposes for Banner Park South, located south of Domenigoni Parkway and west of Briggs Road, by Diamond Brothers Five Partnership, LP; and
2. Authorize the City Clerk to file the adopted resolution with the Riverside County Recorder’s Office, discharging the existing Subdivision Lien Agreement; and
3. Authorize 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.
10.13 Agreement and Bond for Plot Plan 20200167, Boulders Mixed Use, by Boulders Menifee LLC
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Landscape Improvement Agreement to guarantee the completion of required public landscape improvements associated with Plot Plan 20200167, Boulders Mixed Use, by Boulders Menifee LLC, located north of Normandy Road and east of Berea Road.
10.14 Agreements and Bonds for Elementary School No. 15, by Menifee Union School District
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Public Improvement Agreements to guarantee the completion of required public improvements associated with Elementary School Number 15 (the Salley Buselt Elementary School) by Menifee Union School District.
10.15 Acceptance of Public Improvements and 90% Release of Security for Tract Map 344063, Hampton at Heritage Lake, by Lennar Homes of California, Inc.
RECOMMENDED ACTION
1. Accept the public improvements for streets, drainage, water, and sewer systems for Tract Map 344063, Hampton at Heritage Lake, located north of McCall Boulevard and west of Aqua Drive; and
2. Authorize the City Engineer to release 90% of the posted securities per the City’s Standard Policies.
11. PUBLIC HEARING ITEMS
11.1 Motte Business Center Appeal
RECOMMENDED ACTION
1. Adopt a resolution denying Appeal No. PLN230249 and upholding the Planning Commission’s certification of an Environmental Impact Report, approval of Tentative Parcel Map No. 38432 (PLN220114), and Plot Plan No. PLN220115 for Motte Business Center Project generally located at the southwest corner of Ethanac Road and Antelope Road.
12. DISCUSSION ITEMS
12.1 Statutory Increase in Compensation for Members of the City Council to Take Effect after the 2024 Municipal Election
RECOMMENDED ACTION
1. Review and discuss an increase in compensation for members of the City Council in accordance with the provisions of Government Code Section 36516 and Municipal Code Section 2.04.040; and
2. Introduce an Ordinanceapproving a statutory increase in compensation for members of the City Council to take effect after the 2024 municipal election.
12.2 Ordinance Introduction for the Repeal and Replacement of Chapter 5.45 of Title 5 Related to the Regulation of Massage Establishments
RECOMMENDED ACTION
1. Introduce an ordinance repealing and replacing Chapter 5.45 of Title 5 of the Menifee Municipal Code relating to the regulation of Massage Establishments.
12.3 Southern Gateway Specific Plan Ad Hoc Subcommittee RECOMMENDED ACTION
1. Establish and appoint two Councilmembers to a City Council Ad Hoc Subcommittee for the Southern Gateway Specific Plan project in keeping with City Council Policy No. 2.
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: March 6, 2024
> Discuss Reduction of Business License to be the Lowest In the County (Estrada, October 4, 2023)
Target Date: March 6, 2024
> Discuss options on how to move forward with annexation of all Parks located in Menifee. (Estrada, October 4, 2023)
Target Date: TBD
> Discuss Property Tax Benefits for Disabled Veterans (Estrada, July 19, 2023) Target Date:TBD
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
February 21, 2024
Page
2 of 1711
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, February 21, 2024
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)
1. CONFERENCE WITH REAL PROPERTY NEGOTIATORS Government Code Section 54956.8 Property: 2555 Bundy Canyon Road, MenifeeCA 92584; Agency Negotiators: Armando Villa, City Manager; Nicolas Fiddler, Public Works andEngineering Director, Carlos Geronimo, Principal Engineer; Jeffrey Melching, CityAttorney; Negotiating Parties: City of Menifee; Christopher Good; Under Negotiation: Price and Terms of Payment
2. CONFERENCEWITH LEGALCOUNSELEXISTINGLITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 RiversideCounty Superior Court Case No. CVRI230303456 City of Perris v. City of Menifee
3. CONFERENCEWITH LEGALCOUNSELEXISTINGLITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 RiversideCounty Superior Court Case No. CVRI2203040 City of Menifeev. City of Perris
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Micah Orloff – Elevation Church
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. Outstanding Citizen of the Month – Luis Vidal
5.2. Business Spotlight – LCL Realty and Property Management
5.3. Community Services Update
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 NONE
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 1/19/2024 and 1/26/2024 and the Payroll Register/Other EFTs dated 1/19/2024 and 1/23/2024, which have a total budgetary impact of $4,956,865.18.
10.3 Treasurer's Report December 2023
RECOMMENDED ACTION
1. Receive and file the Treasurer’s Report as of December 31, 2023.
10.4 Monthly Public Safety Reports
RECOMMENDED ACTION
1. Receive and file Public Safety Reports – December 2023.
10.5 Menifee Valley Specific Plan
RECOMMENDED ACTION
1. Adopt a resolution certifying the Environmental Impact Report (EIR) (State Clearinghouse No. 2022030233), adopting the Findings of Fact and Statement of Overriding Considerations, and adopting the Mitigation Monitoring and Reporting Program for the Menifee Valley Specific Plan (MVSP) Project located north of the Burlington Northern Santa Fe Railroad tracks and Matthews Road, west of Briggs Road, south of SR74, and east of Menifee Road; and
2. Adopt a resolution approving General Plan Amendment No. PLN210336; and
3. Adopt a resolution approving Tentative Tract Map No. PLN220033; and
4. Adopt an ordinance approving Change of Zone No. PLN210335, Specific Plan Amendment No. PLN210221, and Specific Plan No. PLN210217 for the Menifee Valley Specific Plan (MVSP) Project located north of the Burlington Northern Santa Fe Railroad tracks and Matthews Road, west of Briggs Road, south of State Route 74 (SR74), east of Menifee Road; and
5. Adopt an ordinance approving Development Agreement No. PLN220033.
10.6 Agreement Amendment with Environmental Science Associates for OnCall Environmental Review Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 1 with Environmental Science Associates for Fiscal Year 2023/2024 oncall environmental review services, increasing the compensation by $10,000 for a total agreement amount nottoexceed $25,000.
10.7 Agreement Amendment with Western Riverside Council of Governments for the Regional Streetlight Program, Streetlight Operations and Maintenance RECOMMENDED ACTION
1. Approve and authorize the City Manager, or designee, to execute a First Amendment to the Implementation Agreement with the Western Riverside Council of Governments for participation in the Regional Streetlight Program, extending the term of service three years through December 2026 in an amount of $901,711; and
2. Authorize the Finance Department to issue individual purchase orders against the Agreement; and
3. Approve and authorize the City Manager to execute Appendix 5 to the Western Riverside Council of Governments Professional Services Agreement, providing for services with Yunex Traffic as it relates to streetlight operations and maintenance.
10.8 Agreement Amendment with the State of California, Department of California Highway Patrol for the Holland Road / I215 Overcrossing Project RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 2 to the Construction Zone Enhanced Enforcement Program Agreement with the State of California, Department of California Highway Patrol for traffic control related services for the Holland Road / I215 Overpass Project, Capital Improvement Program Project No. CIP 1303.
10.9 Agreement Amendment with ETech360, Inc. for AsNeeded Professional Information Technology Support Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 3 to the professional services agreement with ETech360, Inc. for asneeded professional information technology support services in an amount notto exceed $120,000, for a revised total of $336,666.
10.10 Quitclaim Deeds to Riverside County Flood Control and Water Conservation District for Storm Drainage Easements in Audie Murphy Ranch
RECOMMENDED ACTION
1. Approve Quitclaim Deeds for Salt Creek/Clover Creek Lane Storm Drain Stage 3 Line A for two segments of Line A that run through a portion of Tract 289201; and
2. Approve Quitclaim Deed for Salt Creek/Destry Drive Storm Drain Stage 1 Line B for the segment of Line B that runs through a portion of Tract 318221; and
3. Approve Quitclaim Deeds for Salt Creek/Destry Drive Storm Drain Stage 1 Line B for two segments of Line B that run through a portion of Tract 364852; and
4. Approve Quitclaim Deed for Salt Creek/Destry Drive Storm Drain Stage 1 Line C7 for the segment of Line C7 that runs through a portion of Tract 3648510.
10.11 Appropriation of Developer InLieu FairShare funds for the Goetz Road/Vista Way Traffic Signal Project
RECOMMENDED ACTION
1. Adopt a budget amendment resolution amending the Fiscal Year 2023/2024 capital improvement budget by appropriating Developer InLieu Fair Share deposits in the amount of $24,069.72 from the Trust Fund to the Capital Projects Fund for the Goetz Road/Vista Way Traffic Signal Project, Capital Improvement Program Project No. 2302.
10.12 Parcel Map 38627 for Financing Purposes for Banner Park South by Diamond Brothers Five Partnership, LP
RECOMMENDED ACTION
1. Adopt a resolution approving filing of Parcel Map No. 38627 for financing purposes for Banner Park South, located south of Domenigoni Parkway and west of Briggs Road, by Diamond Brothers Five Partnership, LP; and
2. Authorize the City Clerk to file the adopted resolution with the Riverside County Recorder’s Office, discharging the existing Subdivision Lien Agreement; and
3. Authorize 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.
10.13 Agreement and Bond for Plot Plan 20200167, Boulders Mixed Use, by Boulders Menifee LLC
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Landscape Improvement Agreement to guarantee the completion of required public landscape improvements associated with Plot Plan 20200167, Boulders Mixed Use, by Boulders Menifee LLC, located north of Normandy Road and east of Berea Road.
10.14 Agreements and Bonds for Elementary School No. 15, by Menifee Union School District
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Public Improvement Agreements to guarantee the completion of required public improvements associated with Elementary School Number 15 (the Salley Buselt Elementary School) by Menifee Union School District.
10.15 Acceptance of Public Improvements and 90% Release of Security for Tract Map 344063, Hampton at Heritage Lake, by Lennar Homes of California, Inc.
RECOMMENDED ACTION
1. Accept the public improvements for streets, drainage, water, and sewer systems for Tract Map 344063, Hampton at Heritage Lake, located north of McCall Boulevard and west of Aqua Drive; and
2. Authorize the City Engineer to release 90% of the posted securities per the City’s Standard Policies.
11. PUBLIC HEARING ITEMS
11.1 Motte Business Center Appeal
RECOMMENDED ACTION
1. Adopt a resolution denying Appeal No. PLN230249 and upholding the Planning Commission’s certification of an Environmental Impact Report, approval of Tentative Parcel Map No. 38432 (PLN220114), and Plot Plan No. PLN220115 for Motte Business Center Project generally located at the southwest corner of Ethanac Road and Antelope Road.
12. DISCUSSION ITEMS
12.1 Statutory Increase in Compensation for Members of the City Council to Take Effect after the 2024 Municipal Election
RECOMMENDED ACTION
1. Review and discuss an increase in compensation for members of the City Council in accordance with the provisions of Government Code Section 36516 and Municipal Code Section 2.04.040; and
2. Introduce an Ordinanceapproving a statutory increase in compensation for members of the City Council to take effect after the 2024 municipal election.
12.2 Ordinance Introduction for the Repeal and Replacement of Chapter 5.45 of Title 5 Related to the Regulation of Massage Establishments
RECOMMENDED ACTION
1. Introduce an ordinance repealing and replacing Chapter 5.45 of Title 5 of the Menifee Municipal Code relating to the regulation of Massage Establishments.
12.3 Southern Gateway Specific Plan Ad Hoc Subcommittee RECOMMENDED ACTION
1. Establish and appoint two Councilmembers to a City Council Ad Hoc Subcommittee for the Southern Gateway Specific Plan project in keeping with City Council Policy No. 2.
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: March 6, 2024
> Discuss Reduction of Business License to be the Lowest In the County (Estrada, October 4, 2023)
Target Date: March 6, 2024
> Discuss options on how to move forward with annexation of all Parks located in Menifee. (Estrada, October 4, 2023)
Target Date: TBD
> Discuss Property Tax Benefits for Disabled Veterans (Estrada, July 19, 2023) Target Date:TBD
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
February 21, 2024
Page
3 of 1711
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, February 21, 2024
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)
1. CONFERENCE WITH REAL PROPERTY NEGOTIATORS Government Code Section 54956.8 Property: 2555 Bundy Canyon Road, MenifeeCA 92584; Agency Negotiators: Armando Villa, City Manager; Nicolas Fiddler, Public Works andEngineering Director, Carlos Geronimo, Principal Engineer; Jeffrey Melching, CityAttorney; Negotiating Parties: City of Menifee; Christopher Good; Under Negotiation: Price and Terms of Payment
2. CONFERENCEWITH LEGALCOUNSELEXISTINGLITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 RiversideCounty Superior Court Case No. CVRI230303456 City of Perris v. City of Menifee
3. CONFERENCEWITH LEGALCOUNSELEXISTINGLITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 RiversideCounty Superior Court Case No. CVRI2203040 City of Menifeev. City of Perris
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Micah Orloff – Elevation Church
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. Outstanding Citizen of the Month – Luis Vidal
5.2. Business Spotlight – LCL Realty and Property Management
5.3. Community Services Update
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 NONE
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 1/19/2024 and 1/26/2024 and the Payroll Register/Other EFTs dated 1/19/2024 and 1/23/2024, which have a total budgetary impact of $4,956,865.18.
10.3 Treasurer's Report December 2023
RECOMMENDED ACTION
1. Receive and file the Treasurer’s Report as of December 31, 2023.
10.4 Monthly Public Safety Reports
RECOMMENDED ACTION
1. Receive and file Public Safety Reports – December 2023.
10.5 Menifee Valley Specific Plan
RECOMMENDED ACTION
1. Adopt a resolution certifying the Environmental Impact Report (EIR) (State Clearinghouse No. 2022030233), adopting the Findings of Fact and Statement of Overriding Considerations, and adopting the Mitigation Monitoring and Reporting Program for the Menifee Valley Specific Plan (MVSP) Project located north of the Burlington Northern Santa Fe Railroad tracks and Matthews Road, west of Briggs Road, south of SR74, and east of Menifee Road; and
2. Adopt a resolution approving General Plan Amendment No. PLN210336; and
3. Adopt a resolution approving Tentative Tract Map No. PLN220033; and
4. Adopt an ordinance approving Change of Zone No. PLN210335, Specific Plan Amendment No. PLN210221, and Specific Plan No. PLN210217 for the Menifee Valley Specific Plan (MVSP) Project located north of the Burlington Northern Santa Fe Railroad tracks and Matthews Road, west of Briggs Road, south of State Route 74 (SR74), east of Menifee Road; and
5. Adopt an ordinance approving Development Agreement No. PLN220033.
10.6 Agreement Amendment with Environmental Science Associates for OnCall Environmental Review Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 1 with Environmental Science Associates for Fiscal Year 2023/2024 oncall environmental review services, increasing the compensation by $10,000 for a total agreement amount nottoexceed $25,000.
10.7 Agreement Amendment with Western Riverside Council of Governments for the Regional Streetlight Program, Streetlight Operations and Maintenance RECOMMENDED ACTION
1. Approve and authorize the City Manager, or designee, to execute a First Amendment to the Implementation Agreement with the Western Riverside Council of Governments for participation in the Regional Streetlight Program, extending the term of service three years through December 2026 in an amount of $901,711; and
2. Authorize the Finance Department to issue individual purchase orders against the Agreement; and
3. Approve and authorize the City Manager to execute Appendix 5 to the Western Riverside Council of Governments Professional Services Agreement, providing for services with Yunex Traffic as it relates to streetlight operations and maintenance.
10.8 Agreement Amendment with the State of California, Department of California Highway Patrol for the Holland Road / I215 Overcrossing Project RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 2 to the Construction Zone Enhanced Enforcement Program Agreement with the State of California, Department of California Highway Patrol for traffic control related services for the Holland Road / I215 Overpass Project, Capital Improvement Program Project No. CIP 1303.
10.9 Agreement Amendment with ETech360, Inc. for AsNeeded Professional Information Technology Support Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 3 to the professional services agreement with ETech360, Inc. for asneeded professional information technology support services in an amount notto exceed $120,000, for a revised total of $336,666.
10.10 Quitclaim Deeds to Riverside County Flood Control and Water Conservation District for Storm Drainage Easements in Audie Murphy Ranch
RECOMMENDED ACTION
1. Approve Quitclaim Deeds for Salt Creek/Clover Creek Lane Storm Drain Stage 3 Line A for two segments of Line A that run through a portion of Tract 289201; and
2. Approve Quitclaim Deed for Salt Creek/Destry Drive Storm Drain Stage 1 Line B for the segment of Line B that runs through a portion of Tract 318221; and
3. Approve Quitclaim Deeds for Salt Creek/Destry Drive Storm Drain Stage 1 Line B for two segments of Line B that run through a portion of Tract 364852; and
4. Approve Quitclaim Deed for Salt Creek/Destry Drive Storm Drain Stage 1 Line C7 for the segment of Line C7 that runs through a portion of Tract 3648510.
10.11 Appropriation of Developer InLieu FairShare funds for the Goetz Road/Vista Way Traffic Signal Project
RECOMMENDED ACTION
1. Adopt a budget amendment resolution amending the Fiscal Year 2023/2024 capital improvement budget by appropriating Developer InLieu Fair Share deposits in the amount of $24,069.72 from the Trust Fund to the Capital Projects Fund for the Goetz Road/Vista Way Traffic Signal Project, Capital Improvement Program Project No. 2302.
10.12 Parcel Map 38627 for Financing Purposes for Banner Park South by Diamond Brothers Five Partnership, LP
RECOMMENDED ACTION
1. Adopt a resolution approving filing of Parcel Map No. 38627 for financing purposes for Banner Park South, located south of Domenigoni Parkway and west of Briggs Road, by Diamond Brothers Five Partnership, LP; and
2. Authorize the City Clerk to file the adopted resolution with the Riverside County Recorder’s Office, discharging the existing Subdivision Lien Agreement; and
3. Authorize 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.
10.13 Agreement and Bond for Plot Plan 20200167, Boulders Mixed Use, by Boulders Menifee LLC
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Landscape Improvement Agreement to guarantee the completion of required public landscape improvements associated with Plot Plan 20200167, Boulders Mixed Use, by Boulders Menifee LLC, located north of Normandy Road and east of Berea Road.
10.14 Agreements and Bonds for Elementary School No. 15, by Menifee Union School District
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Public Improvement Agreements to guarantee the completion of required public improvements associated with Elementary School Number 15 (the Salley Buselt Elementary School) by Menifee Union School District.
10.15 Acceptance of Public Improvements and 90% Release of Security for Tract Map 344063, Hampton at Heritage Lake, by Lennar Homes of California, Inc.
RECOMMENDED ACTION
1. Accept the public improvements for streets, drainage, water, and sewer systems for Tract Map 344063, Hampton at Heritage Lake, located north of McCall Boulevard and west of Aqua Drive; and
2. Authorize the City Engineer to release 90% of the posted securities per the City’s Standard Policies.
11. PUBLIC HEARING ITEMS
11.1 Motte Business Center Appeal
RECOMMENDED ACTION
1. Adopt a resolution denying Appeal No. PLN230249 and upholding the Planning Commission’s certification of an Environmental Impact Report, approval of Tentative Parcel Map No. 38432 (PLN220114), and Plot Plan No. PLN220115 for Motte Business Center Project generally located at the southwest corner of Ethanac Road and Antelope Road.
12. DISCUSSION ITEMS
12.1 Statutory Increase in Compensation for Members of the City Council to Take Effect after the 2024 Municipal Election
RECOMMENDED ACTION
1. Review and discuss an increase in compensation for members of the City Council in accordance with the provisions of Government Code Section 36516 and Municipal Code Section 2.04.040; and
2. Introduce an Ordinanceapproving a statutory increase in compensation for members of the City Council to take effect after the 2024 municipal election.
12.2 Ordinance Introduction for the Repeal and Replacement of Chapter 5.45 of Title 5 Related to the Regulation of Massage Establishments
RECOMMENDED ACTION
1. Introduce an ordinance repealing and replacing Chapter 5.45 of Title 5 of the Menifee Municipal Code relating to the regulation of Massage Establishments.
12.3 Southern Gateway Specific Plan Ad Hoc Subcommittee RECOMMENDED ACTION
1. Establish and appoint two Councilmembers to a City Council Ad Hoc Subcommittee for the Southern Gateway Specific Plan project in keeping with City Council Policy No. 2.
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: March 6, 2024
> Discuss Reduction of Business License to be the Lowest In the County (Estrada, October 4, 2023)
Target Date: March 6, 2024
> Discuss options on how to move forward with annexation of all Parks located in Menifee. (Estrada, October 4, 2023)
Target Date: TBD
> Discuss Property Tax Benefits for Disabled Veterans (Estrada, July 19, 2023) Target Date:TBD
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
February 21, 2024
Page
4 of 1711
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, February 21, 2024
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)
1. CONFERENCE WITH REAL PROPERTY NEGOTIATORS Government Code Section 54956.8 Property: 2555 Bundy Canyon Road, MenifeeCA 92584; Agency Negotiators: Armando Villa, City Manager; Nicolas Fiddler, Public Works andEngineering Director, Carlos Geronimo, Principal Engineer; Jeffrey Melching, CityAttorney; Negotiating Parties: City of Menifee; Christopher Good; Under Negotiation: Price and Terms of Payment
2. CONFERENCEWITH LEGALCOUNSELEXISTINGLITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 RiversideCounty Superior Court Case No. CVRI230303456 City of Perris v. City of Menifee
3. CONFERENCEWITH LEGALCOUNSELEXISTINGLITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 RiversideCounty Superior Court Case No. CVRI2203040 City of Menifeev. City of Perris
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Micah Orloff – Elevation Church
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. Outstanding Citizen of the Month – Luis Vidal
5.2. Business Spotlight – LCL Realty and Property Management
5.3. Community Services Update
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 NONE
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 1/19/2024 and 1/26/2024 and the Payroll Register/Other EFTs dated 1/19/2024 and 1/23/2024, which have a total budgetary impact of $4,956,865.18.
10.3 Treasurer's Report December 2023
RECOMMENDED ACTION
1. Receive and file the Treasurer’s Report as of December 31, 2023.
10.4 Monthly Public Safety Reports
RECOMMENDED ACTION
1. Receive and file Public Safety Reports – December 2023.
10.5 Menifee Valley Specific Plan
RECOMMENDED ACTION
1. Adopt a resolution certifying the Environmental Impact Report (EIR) (State Clearinghouse No. 2022030233), adopting the Findings of Fact and Statement of Overriding Considerations, and adopting the Mitigation Monitoring and Reporting Program for the Menifee Valley Specific Plan (MVSP) Project located north of the Burlington Northern Santa Fe Railroad tracks and Matthews Road, west of Briggs Road, south of SR74, and east of Menifee Road; and
2. Adopt a resolution approving General Plan Amendment No. PLN210336; and
3. Adopt a resolution approving Tentative Tract Map No. PLN220033; and
4. Adopt an ordinance approving Change of Zone No. PLN210335, Specific Plan Amendment No. PLN210221, and Specific Plan No. PLN210217 for the Menifee Valley Specific Plan (MVSP) Project located north of the Burlington Northern Santa Fe Railroad tracks and Matthews Road, west of Briggs Road, south of State Route 74 (SR74), east of Menifee Road; and
5. Adopt an ordinance approving Development Agreement No. PLN220033.
10.6 Agreement Amendment with Environmental Science Associates for OnCall Environmental Review Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 1 with Environmental Science Associates for Fiscal Year 2023/2024 oncall environmental review services, increasing the compensation by $10,000 for a total agreement amount nottoexceed $25,000.
10.7 Agreement Amendment with Western Riverside Council of Governments for the Regional Streetlight Program, Streetlight Operations and Maintenance RECOMMENDED ACTION
1. Approve and authorize the City Manager, or designee, to execute a First Amendment to the Implementation Agreement with the Western Riverside Council of Governments for participation in the Regional Streetlight Program, extending the term of service three years through December 2026 in an amount of $901,711; and
2. Authorize the Finance Department to issue individual purchase orders against the Agreement; and
3. Approve and authorize the City Manager to execute Appendix 5 to the Western Riverside Council of Governments Professional Services Agreement, providing for services with Yunex Traffic as it relates to streetlight operations and maintenance.
10.8 Agreement Amendment with the State of California, Department of California Highway Patrol for the Holland Road / I215 Overcrossing Project RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 2 to the Construction Zone Enhanced Enforcement Program Agreement with the State of California, Department of California Highway Patrol for traffic control related services for the Holland Road / I215 Overpass Project, Capital Improvement Program Project No. CIP 1303.
10.9 Agreement Amendment with ETech360, Inc. for AsNeeded Professional Information Technology Support Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 3 to the professional services agreement with ETech360, Inc. for asneeded professional information technology support services in an amount notto exceed $120,000, for a revised total of $336,666.
10.10 Quitclaim Deeds to Riverside County Flood Control and Water Conservation District for Storm Drainage Easements in Audie Murphy Ranch
RECOMMENDED ACTION
1. Approve Quitclaim Deeds for Salt Creek/Clover Creek Lane Storm Drain Stage 3 Line A for two segments of Line A that run through a portion of Tract 289201; and
2. Approve Quitclaim Deed for Salt Creek/Destry Drive Storm Drain Stage 1 Line B for the segment of Line B that runs through a portion of Tract 318221; and
3. Approve Quitclaim Deeds for Salt Creek/Destry Drive Storm Drain Stage 1 Line B for two segments of Line B that run through a portion of Tract 364852; and
4. Approve Quitclaim Deed for Salt Creek/Destry Drive Storm Drain Stage 1 Line C7 for the segment of Line C7 that runs through a portion of Tract 3648510.
10.11 Appropriation of Developer InLieu FairShare funds for the Goetz Road/Vista Way Traffic Signal Project
RECOMMENDED ACTION
1. Adopt a budget amendment resolution amending the Fiscal Year 2023/2024 capital improvement budget by appropriating Developer InLieu Fair Share deposits in the amount of $24,069.72 from the Trust Fund to the Capital Projects Fund for the Goetz Road/Vista Way Traffic Signal Project, Capital Improvement Program Project No. 2302.
10.12 Parcel Map 38627 for Financing Purposes for Banner Park South by Diamond Brothers Five Partnership, LP
RECOMMENDED ACTION
1. Adopt a resolution approving filing of Parcel Map No. 38627 for financing purposes for Banner Park South, located south of Domenigoni Parkway and west of Briggs Road, by Diamond Brothers Five Partnership, LP; and
2. Authorize the City Clerk to file the adopted resolution with the Riverside County Recorder’s Office, discharging the existing Subdivision Lien Agreement; and
3. Authorize 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.
10.13 Agreement and Bond for Plot Plan 20200167, Boulders Mixed Use, by Boulders Menifee LLC
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Landscape Improvement Agreement to guarantee the completion of required public landscape improvements associated with Plot Plan 20200167, Boulders Mixed Use, by Boulders Menifee LLC, located north of Normandy Road and east of Berea Road.
10.14 Agreements and Bonds for Elementary School No. 15, by Menifee Union School District
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Public Improvement Agreements to guarantee the completion of required public improvements associated with Elementary School Number 15 (the Salley Buselt Elementary School) by Menifee Union School District.
10.15 Acceptance of Public Improvements and 90% Release of Security for Tract Map 344063, Hampton at Heritage Lake, by Lennar Homes of California, Inc.
RECOMMENDED ACTION
1. Accept the public improvements for streets, drainage, water, and sewer systems for Tract Map 344063, Hampton at Heritage Lake, located north of McCall Boulevard and west of Aqua Drive; and
2. Authorize the City Engineer to release 90% of the posted securities per the City’s Standard Policies.
11. PUBLIC HEARING ITEMS
11.1 Motte Business Center Appeal
RECOMMENDED ACTION
1. Adopt a resolution denying Appeal No. PLN230249 and upholding the Planning Commission’s certification of an Environmental Impact Report, approval of Tentative Parcel Map No. 38432 (PLN220114), and Plot Plan No. PLN220115 for Motte Business Center Project generally located at the southwest corner of Ethanac Road and Antelope Road.
12. DISCUSSION ITEMS
12.1 Statutory Increase in Compensation for Members of the City Council to Take Effect after the 2024 Municipal Election
RECOMMENDED ACTION
1. Review and discuss an increase in compensation for members of the City Council in accordance with the provisions of Government Code Section 36516 and Municipal Code Section 2.04.040; and
2. Introduce an Ordinanceapproving a statutory increase in compensation for members of the City Council to take effect after the 2024 municipal election.
12.2 Ordinance Introduction for the Repeal and Replacement of Chapter 5.45 of Title 5 Related to the Regulation of Massage Establishments
RECOMMENDED ACTION
1. Introduce an ordinance repealing and replacing Chapter 5.45 of Title 5 of the Menifee Municipal Code relating to the regulation of Massage Establishments.
12.3 Southern Gateway Specific Plan Ad Hoc Subcommittee RECOMMENDED ACTION
1. Establish and appoint two Councilmembers to a City Council Ad Hoc Subcommittee for the Southern Gateway Specific Plan project in keeping with City Council Policy No. 2.
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: March 6, 2024
> Discuss Reduction of Business License to be the Lowest In the County (Estrada, October 4, 2023)
Target Date: March 6, 2024
> Discuss options on how to move forward with annexation of all Parks located in Menifee. (Estrada, October 4, 2023)
Target Date: TBD
> Discuss Property Tax Benefits for Disabled Veterans (Estrada, July 19, 2023) Target Date:TBD
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
February 21, 2024
Page
5 of 1711
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, February 21, 2024
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)
1. CONFERENCE WITH REAL PROPERTY NEGOTIATORS Government Code Section 54956.8 Property: 2555 Bundy Canyon Road, MenifeeCA 92584; Agency Negotiators: Armando Villa, City Manager; Nicolas Fiddler, Public Works andEngineering Director, Carlos Geronimo, Principal Engineer; Jeffrey Melching, CityAttorney; Negotiating Parties: City of Menifee; Christopher Good; Under Negotiation: Price and Terms of Payment
2. CONFERENCEWITH LEGALCOUNSELEXISTINGLITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 RiversideCounty Superior Court Case No. CVRI230303456 City of Perris v. City of Menifee
3. CONFERENCEWITH LEGALCOUNSELEXISTINGLITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 RiversideCounty Superior Court Case No. CVRI2203040 City of Menifeev. City of Perris
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Micah Orloff – Elevation Church
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. Outstanding Citizen of the Month – Luis Vidal
5.2. Business Spotlight – LCL Realty and Property Management
5.3. Community Services Update
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 NONE
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 1/19/2024 and 1/26/2024 and the Payroll Register/Other EFTs dated 1/19/2024 and 1/23/2024, which have a total budgetary impact of $4,956,865.18.
10.3 Treasurer's Report December 2023
RECOMMENDED ACTION
1. Receive and file the Treasurer’s Report as of December 31, 2023.
10.4 Monthly Public Safety Reports
RECOMMENDED ACTION
1. Receive and file Public Safety Reports – December 2023.
10.5 Menifee Valley Specific Plan
RECOMMENDED ACTION
1. Adopt a resolution certifying the Environmental Impact Report (EIR) (State Clearinghouse No. 2022030233), adopting the Findings of Fact and Statement of Overriding Considerations, and adopting the Mitigation Monitoring and Reporting Program for the Menifee Valley Specific Plan (MVSP) Project located north of the Burlington Northern Santa Fe Railroad tracks and Matthews Road, west of Briggs Road, south of SR74, and east of Menifee Road; and
2. Adopt a resolution approving General Plan Amendment No. PLN210336; and
3. Adopt a resolution approving Tentative Tract Map No. PLN220033; and
4. Adopt an ordinance approving Change of Zone No. PLN210335, Specific Plan Amendment No. PLN210221, and Specific Plan No. PLN210217 for the Menifee Valley Specific Plan (MVSP) Project located north of the Burlington Northern Santa Fe Railroad tracks and Matthews Road, west of Briggs Road, south of State Route 74 (SR74), east of Menifee Road; and
5. Adopt an ordinance approving Development Agreement No. PLN220033.
10.6 Agreement Amendment with Environmental Science Associates for OnCall Environmental Review Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 1 with Environmental Science Associates for Fiscal Year 2023/2024 oncall environmental review services, increasing the compensation by $10,000 for a total agreement amount nottoexceed $25,000.
10.7 Agreement Amendment with Western Riverside Council of Governments for the Regional Streetlight Program, Streetlight Operations and Maintenance RECOMMENDED ACTION
1. Approve and authorize the City Manager, or designee, to execute a First Amendment to the Implementation Agreement with the Western Riverside Council of Governments for participation in the Regional Streetlight Program, extending the term of service three years through December 2026 in an amount of $901,711; and
2. Authorize the Finance Department to issue individual purchase orders against the Agreement; and
3. Approve and authorize the City Manager to execute Appendix 5 to the Western Riverside Council of Governments Professional Services Agreement, providing for services with Yunex Traffic as it relates to streetlight operations and maintenance.
10.8 Agreement Amendment with the State of California, Department of California Highway Patrol for the Holland Road / I215 Overcrossing Project RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 2 to the Construction Zone Enhanced Enforcement Program Agreement with the State of California, Department of California Highway Patrol for traffic control related services for the Holland Road / I215 Overpass Project, Capital Improvement Program Project No. CIP 1303.
10.9 Agreement Amendment with ETech360, Inc. for AsNeeded Professional Information Technology Support Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 3 to the professional services agreement with ETech360, Inc. for asneeded professional information technology support services in an amount notto exceed $120,000, for a revised total of $336,666.
10.10 Quitclaim Deeds to Riverside County Flood Control and Water Conservation District for Storm Drainage Easements in Audie Murphy Ranch
RECOMMENDED ACTION
1. Approve Quitclaim Deeds for Salt Creek/Clover Creek Lane Storm Drain Stage 3 Line A for two segments of Line A that run through a portion of Tract 289201; and
2. Approve Quitclaim Deed for Salt Creek/Destry Drive Storm Drain Stage 1 Line B for the segment of Line B that runs through a portion of Tract 318221; and
3. Approve Quitclaim Deeds for Salt Creek/Destry Drive Storm Drain Stage 1 Line B for two segments of Line B that run through a portion of Tract 364852; and
4. Approve Quitclaim Deed for Salt Creek/Destry Drive Storm Drain Stage 1 Line C7 for the segment of Line C7 that runs through a portion of Tract 3648510.
10.11 Appropriation of Developer InLieu FairShare funds for the Goetz Road/Vista Way Traffic Signal Project
RECOMMENDED ACTION
1. Adopt a budget amendment resolution amending the Fiscal Year 2023/2024 capital improvement budget by appropriating Developer InLieu Fair Share deposits in the amount of $24,069.72 from the Trust Fund to the Capital Projects Fund for the Goetz Road/Vista Way Traffic Signal Project, Capital Improvement Program Project No. 2302.
10.12 Parcel Map 38627 for Financing Purposes for Banner Park South by Diamond Brothers Five Partnership, LP
RECOMMENDED ACTION
1. Adopt a resolution approving filing of Parcel Map No. 38627 for financing purposes for Banner Park South, located south of Domenigoni Parkway and west of Briggs Road, by Diamond Brothers Five Partnership, LP; and
2. Authorize the City Clerk to file the adopted resolution with the Riverside County Recorder’s Office, discharging the existing Subdivision Lien Agreement; and
3. Authorize 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.
10.13 Agreement and Bond for Plot Plan 20200167, Boulders Mixed Use, by Boulders Menifee LLC
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Landscape Improvement Agreement to guarantee the completion of required public landscape improvements associated with Plot Plan 20200167, Boulders Mixed Use, by Boulders Menifee LLC, located north of Normandy Road and east of Berea Road.
10.14 Agreements and Bonds for Elementary School No. 15, by Menifee Union School District
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Public Improvement Agreements to guarantee the completion of required public improvements associated with Elementary School Number 15 (the Salley Buselt Elementary School) by Menifee Union School District.
10.15 Acceptance of Public Improvements and 90% Release of Security for Tract Map 344063, Hampton at Heritage Lake, by Lennar Homes of California, Inc.
RECOMMENDED ACTION
1. Accept the public improvements for streets, drainage, water, and sewer systems for Tract Map 344063, Hampton at Heritage Lake, located north of McCall Boulevard and west of Aqua Drive; and
2. Authorize the City Engineer to release 90% of the posted securities per the City’s Standard Policies.
11. PUBLIC HEARING ITEMS
11.1 Motte Business Center Appeal
RECOMMENDED ACTION
1. Adopt a resolution denying Appeal No. PLN230249 and upholding the Planning Commission’s certification of an Environmental Impact Report, approval of Tentative Parcel Map No. 38432 (PLN220114), and Plot Plan No. PLN220115 for Motte Business Center Project generally located at the southwest corner of Ethanac Road and Antelope Road.
12. DISCUSSION ITEMS
12.1 Statutory Increase in Compensation for Members of the City Council to Take Effect after the 2024 Municipal Election
RECOMMENDED ACTION
1. Review and discuss an increase in compensation for members of the City Council in accordance with the provisions of Government Code Section 36516 and Municipal Code Section 2.04.040; and
2. Introduce an Ordinanceapproving a statutory increase in compensation for members of the City Council to take effect after the 2024 municipal election.
12.2 Ordinance Introduction for the Repeal and Replacement of Chapter 5.45 of Title 5 Related to the Regulation of Massage Establishments
RECOMMENDED ACTION
1. Introduce an ordinance repealing and replacing Chapter 5.45 of Title 5 of the Menifee Municipal Code relating to the regulation of Massage Establishments.
12.3 Southern Gateway Specific Plan Ad Hoc Subcommittee RECOMMENDED ACTION
1. Establish and appoint two Councilmembers to a City Council Ad Hoc Subcommittee for the Southern Gateway Specific Plan project in keeping with City Council Policy No. 2.
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: March 6, 2024
> Discuss Reduction of Business License to be the Lowest In the County (Estrada, October 4, 2023)
Target Date: March 6, 2024
> Discuss options on how to move forward with annexation of all Parks located in Menifee. (Estrada, October 4, 2023)
Target Date: TBD
> Discuss Property Tax Benefits for Disabled Veterans (Estrada, July 19, 2023) Target Date:TBD
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
February 21, 2024
Page
6 of 1711
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, February 21, 2024
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)
1. CONFERENCE WITH REAL PROPERTY NEGOTIATORS Government Code Section 54956.8 Property: 2555 Bundy Canyon Road, MenifeeCA 92584; Agency Negotiators: Armando Villa, City Manager; Nicolas Fiddler, Public Works andEngineering Director, Carlos Geronimo, Principal Engineer; Jeffrey Melching, CityAttorney; Negotiating Parties: City of Menifee; Christopher Good; Under Negotiation: Price and Terms of Payment
2. CONFERENCEWITH LEGALCOUNSELEXISTINGLITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 RiversideCounty Superior Court Case No. CVRI230303456 City of Perris v. City of Menifee
3. CONFERENCEWITH LEGALCOUNSELEXISTINGLITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 RiversideCounty Superior Court Case No. CVRI2203040 City of Menifeev. City of Perris
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Micah Orloff – Elevation Church
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. Outstanding Citizen of the Month – Luis Vidal
5.2. Business Spotlight – LCL Realty and Property Management
5.3. Community Services Update
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 NONE
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 1/19/2024 and 1/26/2024 and the Payroll Register/Other EFTs dated 1/19/2024 and 1/23/2024, which have a total budgetary impact of $4,956,865.18.
10.3 Treasurer's Report December 2023
RECOMMENDED ACTION
1. Receive and file the Treasurer’s Report as of December 31, 2023.
10.4 Monthly Public Safety Reports
RECOMMENDED ACTION
1. Receive and file Public Safety Reports – December 2023.
10.5 Menifee Valley Specific Plan
RECOMMENDED ACTION
1. Adopt a resolution certifying the Environmental Impact Report (EIR) (State Clearinghouse No. 2022030233), adopting the Findings of Fact and Statement of Overriding Considerations, and adopting the Mitigation Monitoring and Reporting Program for the Menifee Valley Specific Plan (MVSP) Project located north of the Burlington Northern Santa Fe Railroad tracks and Matthews Road, west of Briggs Road, south of SR74, and east of Menifee Road; and
2. Adopt a resolution approving General Plan Amendment No. PLN210336; and
3. Adopt a resolution approving Tentative Tract Map No. PLN220033; and
4. Adopt an ordinance approving Change of Zone No. PLN210335, Specific Plan Amendment No. PLN210221, and Specific Plan No. PLN210217 for the Menifee Valley Specific Plan (MVSP) Project located north of the Burlington Northern Santa Fe Railroad tracks and Matthews Road, west of Briggs Road, south of State Route 74 (SR74), east of Menifee Road; and
5. Adopt an ordinance approving Development Agreement No. PLN220033.
10.6 Agreement Amendment with Environmental Science Associates for OnCall Environmental Review Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 1 with Environmental Science Associates for Fiscal Year 2023/2024 oncall environmental review services, increasing the compensation by $10,000 for a total agreement amount nottoexceed $25,000.
10.7 Agreement Amendment with Western Riverside Council of Governments for the Regional Streetlight Program, Streetlight Operations and Maintenance RECOMMENDED ACTION
1. Approve and authorize the City Manager, or designee, to execute a First Amendment to the Implementation Agreement with the Western Riverside Council of Governments for participation in the Regional Streetlight Program, extending the term of service three years through December 2026 in an amount of $901,711; and
2. Authorize the Finance Department to issue individual purchase orders against the Agreement; and
3. Approve and authorize the City Manager to execute Appendix 5 to the Western Riverside Council of Governments Professional Services Agreement, providing for services with Yunex Traffic as it relates to streetlight operations and maintenance.
10.8 Agreement Amendment with the State of California, Department of California Highway Patrol for the Holland Road / I215 Overcrossing Project RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 2 to the Construction Zone Enhanced Enforcement Program Agreement with the State of California, Department of California Highway Patrol for traffic control related services for the Holland Road / I215 Overpass Project, Capital Improvement Program Project No. CIP 1303.
10.9 Agreement Amendment with ETech360, Inc. for AsNeeded Professional Information Technology Support Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 3 to the professional services agreement with ETech360, Inc. for asneeded professional information technology support services in an amount notto exceed $120,000, for a revised total of $336,666.
10.10 Quitclaim Deeds to Riverside County Flood Control and Water Conservation District for Storm Drainage Easements in Audie Murphy Ranch
RECOMMENDED ACTION
1. Approve Quitclaim Deeds for Salt Creek/Clover Creek Lane Storm Drain Stage 3 Line A for two segments of Line A that run through a portion of Tract 289201; and
2. Approve Quitclaim Deed for Salt Creek/Destry Drive Storm Drain Stage 1 Line B for the segment of Line B that runs through a portion of Tract 318221; and
3. Approve Quitclaim Deeds for Salt Creek/Destry Drive Storm Drain Stage 1 Line B for two segments of Line B that run through a portion of Tract 364852; and
4. Approve Quitclaim Deed for Salt Creek/Destry Drive Storm Drain Stage 1 Line C7 for the segment of Line C7 that runs through a portion of Tract 3648510.
10.11 Appropriation of Developer InLieu FairShare funds for the Goetz Road/Vista Way Traffic Signal Project
RECOMMENDED ACTION
1. Adopt a budget amendment resolution amending the Fiscal Year 2023/2024 capital improvement budget by appropriating Developer InLieu Fair Share deposits in the amount of $24,069.72 from the Trust Fund to the Capital Projects Fund for the Goetz Road/Vista Way Traffic Signal Project, Capital Improvement Program Project No. 2302.
10.12 Parcel Map 38627 for Financing Purposes for Banner Park South by Diamond Brothers Five Partnership, LP
RECOMMENDED ACTION
1. Adopt a resolution approving filing of Parcel Map No. 38627 for financing purposes for Banner Park South, located south of Domenigoni Parkway and west of Briggs Road, by Diamond Brothers Five Partnership, LP; and
2. Authorize the City Clerk to file the adopted resolution with the Riverside County Recorder’s Office, discharging the existing Subdivision Lien Agreement; and
3. Authorize 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.
10.13 Agreement and Bond for Plot Plan 20200167, Boulders Mixed Use, by Boulders Menifee LLC
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Landscape Improvement Agreement to guarantee the completion of required public landscape improvements associated with Plot Plan 20200167, Boulders Mixed Use, by Boulders Menifee LLC, located north of Normandy Road and east of Berea Road.
10.14 Agreements and Bonds for Elementary School No. 15, by Menifee Union School District
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Public Improvement Agreements to guarantee the completion of required public improvements associated with Elementary School Number 15 (the Salley Buselt Elementary School) by Menifee Union School District.
10.15 Acceptance of Public Improvements and 90% Release of Security for Tract Map 344063, Hampton at Heritage Lake, by Lennar Homes of California, Inc.
RECOMMENDED ACTION
1. Accept the public improvements for streets, drainage, water, and sewer systems for Tract Map 344063, Hampton at Heritage Lake, located north of McCall Boulevard and west of Aqua Drive; and
2. Authorize the City Engineer to release 90% of the posted securities per the City’s Standard Policies.
11. PUBLIC HEARING ITEMS
11.1 Motte Business Center Appeal
RECOMMENDED ACTION
1. Adopt a resolution denying Appeal No. PLN230249 and upholding the Planning Commission’s certification of an Environmental Impact Report, approval of Tentative Parcel Map No. 38432 (PLN220114), and Plot Plan No. PLN220115 for Motte Business Center Project generally located at the southwest corner of Ethanac Road and Antelope Road.
12. DISCUSSION ITEMS
12.1 Statutory Increase in Compensation for Members of the City Council to Take Effect after the 2024 Municipal Election
RECOMMENDED ACTION
1. Review and discuss an increase in compensation for members of the City Council in accordance with the provisions of Government Code Section 36516 and Municipal Code Section 2.04.040; and
2. Introduce an Ordinanceapproving a statutory increase in compensation for members of the City Council to take effect after the 2024 municipal election.
12.2 Ordinance Introduction for the Repeal and Replacement of Chapter 5.45 of Title 5 Related to the Regulation of Massage Establishments
RECOMMENDED ACTION
1. Introduce an ordinance repealing and replacing Chapter 5.45 of Title 5 of the Menifee Municipal Code relating to the regulation of Massage Establishments.
12.3 Southern Gateway Specific Plan Ad Hoc Subcommittee RECOMMENDED ACTION
1. Establish and appoint two Councilmembers to a City Council Ad Hoc Subcommittee for the Southern Gateway Specific Plan project in keeping with City Council Policy No. 2.
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: March 6, 2024
> Discuss Reduction of Business License to be the Lowest In the County (Estrada, October 4, 2023)
Target Date: March 6, 2024
> Discuss options on how to move forward with annexation of all Parks located in Menifee. (Estrada, October 4, 2023)
Target Date: TBD
> Discuss Property Tax Benefits for Disabled Veterans (Estrada, July 19, 2023) Target Date:TBD
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
February 21, 2024
Page
7 of 1711
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, February 21, 2024
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)
1. CONFERENCE WITH REAL PROPERTY NEGOTIATORS Government Code Section 54956.8 Property: 2555 Bundy Canyon Road, MenifeeCA 92584; Agency Negotiators: Armando Villa, City Manager; Nicolas Fiddler, Public Works andEngineering Director, Carlos Geronimo, Principal Engineer; Jeffrey Melching, CityAttorney; Negotiating Parties: City of Menifee; Christopher Good; Under Negotiation: Price and Terms of Payment
2. CONFERENCEWITH LEGALCOUNSELEXISTINGLITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 RiversideCounty Superior Court Case No. CVRI230303456 City of Perris v. City of Menifee
3. CONFERENCEWITH LEGALCOUNSELEXISTINGLITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 RiversideCounty Superior Court Case No. CVRI2203040 City of Menifeev. City of Perris
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Micah Orloff – Elevation Church
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. Outstanding Citizen of the Month – Luis Vidal
5.2. Business Spotlight – LCL Realty and Property Management
5.3. Community Services Update
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 NONE
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 1/19/2024 and 1/26/2024 and the Payroll Register/Other EFTs dated 1/19/2024 and 1/23/2024, which have a total budgetary impact of $4,956,865.18.
10.3 Treasurer's Report December 2023
RECOMMENDED ACTION
1. Receive and file the Treasurer’s Report as of December 31, 2023.
10.4 Monthly Public Safety Reports
RECOMMENDED ACTION
1. Receive and file Public Safety Reports – December 2023.
10.5 Menifee Valley Specific Plan
RECOMMENDED ACTION
1. Adopt a resolution certifying the Environmental Impact Report (EIR) (State Clearinghouse No. 2022030233), adopting the Findings of Fact and Statement of Overriding Considerations, and adopting the Mitigation Monitoring and Reporting Program for the Menifee Valley Specific Plan (MVSP) Project located north of the Burlington Northern Santa Fe Railroad tracks and Matthews Road, west of Briggs Road, south of SR74, and east of Menifee Road; and
2. Adopt a resolution approving General Plan Amendment No. PLN210336; and
3. Adopt a resolution approving Tentative Tract Map No. PLN220033; and
4. Adopt an ordinance approving Change of Zone No. PLN210335, Specific Plan Amendment No. PLN210221, and Specific Plan No. PLN210217 for the Menifee Valley Specific Plan (MVSP) Project located north of the Burlington Northern Santa Fe Railroad tracks and Matthews Road, west of Briggs Road, south of State Route 74 (SR74), east of Menifee Road; and
5. Adopt an ordinance approving Development Agreement No. PLN220033.
10.6 Agreement Amendment with Environmental Science Associates for OnCall Environmental Review Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 1 with Environmental Science Associates for Fiscal Year 2023/2024 oncall environmental review services, increasing the compensation by $10,000 for a total agreement amount nottoexceed $25,000.
10.7 Agreement Amendment with Western Riverside Council of Governments for the Regional Streetlight Program, Streetlight Operations and Maintenance RECOMMENDED ACTION
1. Approve and authorize the City Manager, or designee, to execute a First Amendment to the Implementation Agreement with the Western Riverside Council of Governments for participation in the Regional Streetlight Program, extending the term of service three years through December 2026 in an amount of $901,711; and
2. Authorize the Finance Department to issue individual purchase orders against the Agreement; and
3. Approve and authorize the City Manager to execute Appendix 5 to the Western Riverside Council of Governments Professional Services Agreement, providing for services with Yunex Traffic as it relates to streetlight operations and maintenance.
10.8 Agreement Amendment with the State of California, Department of California Highway Patrol for the Holland Road / I215 Overcrossing Project RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 2 to the Construction Zone Enhanced Enforcement Program Agreement with the State of California, Department of California Highway Patrol for traffic control related services for the Holland Road / I215 Overpass Project, Capital Improvement Program Project No. CIP 1303.
10.9 Agreement Amendment with ETech360, Inc. for AsNeeded Professional Information Technology Support Services
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 3 to the professional services agreement with ETech360, Inc. for asneeded professional information technology support services in an amount notto exceed $120,000, for a revised total of $336,666.
10.10 Quitclaim Deeds to Riverside County Flood Control and Water Conservation District for Storm Drainage Easements in Audie Murphy Ranch
RECOMMENDED ACTION
1. Approve Quitclaim Deeds for Salt Creek/Clover Creek Lane Storm Drain Stage 3 Line A for two segments of Line A that run through a portion of Tract 289201; and
2. Approve Quitclaim Deed for Salt Creek/Destry Drive Storm Drain Stage 1 Line B for the segment of Line B that runs through a portion of Tract 318221; and
3. Approve Quitclaim Deeds for Salt Creek/Destry Drive Storm Drain Stage 1 Line B for two segments of Line B that run through a portion of Tract 364852; and
4. Approve Quitclaim Deed for Salt Creek/Destry Drive Storm Drain Stage 1 Line C7 for the segment of Line C7 that runs through a portion of Tract 3648510.
10.11 Appropriation of Developer InLieu FairShare funds for the Goetz Road/Vista Way Traffic Signal Project
RECOMMENDED ACTION
1. Adopt a budget amendment resolution amending the Fiscal Year 2023/2024 capital improvement budget by appropriating Developer InLieu Fair Share deposits in the amount of $24,069.72 from the Trust Fund to the Capital Projects Fund for the Goetz Road/Vista Way Traffic Signal Project, Capital Improvement Program Project No. 2302.
10.12 Parcel Map 38627 for Financing Purposes for Banner Park South by Diamond Brothers Five Partnership, LP
RECOMMENDED ACTION
1. Adopt a resolution approving filing of Parcel Map No. 38627 for financing purposes for Banner Park South, located south of Domenigoni Parkway and west of Briggs Road, by Diamond Brothers Five Partnership, LP; and
2. Authorize the City Clerk to file the adopted resolution with the Riverside County Recorder’s Office, discharging the existing Subdivision Lien Agreement; and
3. Authorize 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.
10.13 Agreement and Bond for Plot Plan 20200167, Boulders Mixed Use, by Boulders Menifee LLC
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Landscape Improvement Agreement to guarantee the completion of required public landscape improvements associated with Plot Plan 20200167, Boulders Mixed Use, by Boulders Menifee LLC, located north of Normandy Road and east of Berea Road.
10.14 Agreements and Bonds for Elementary School No. 15, by Menifee Union School District
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Public Improvement Agreements to guarantee the completion of required public improvements associated with Elementary School Number 15 (the Salley Buselt Elementary School) by Menifee Union School District.
10.15 Acceptance of Public Improvements and 90% Release of Security for Tract Map 344063, Hampton at Heritage Lake, by Lennar Homes of California, Inc.
RECOMMENDED ACTION
1. Accept the public improvements for streets, drainage, water, and sewer systems for Tract Map 344063, Hampton at Heritage Lake, located north of McCall Boulevard and west of Aqua Drive; and
2. Authorize the City Engineer to release 90% of the posted securities per the City’s Standard Policies.
11. PUBLIC HEARING ITEMS
11.1 Motte Business Center Appeal
RECOMMENDED ACTION
1. Adopt a resolution denying Appeal No. PLN230249 and upholding the Planning Commission’s certification of an Environmental Impact Report, approval of Tentative Parcel Map No. 38432 (PLN220114), and Plot Plan No. PLN220115 for Motte Business Center Project generally located at the southwest corner of Ethanac Road and Antelope Road.
12. DISCUSSION ITEMS
12.1 Statutory Increase in Compensation for Members of the City Council to Take Effect after the 2024 Municipal Election
RECOMMENDED ACTION
1. Review and discuss an increase in compensation for members of the City Council in accordance with the provisions of Government Code Section 36516 and Municipal Code Section 2.04.040; and
2. Introduce an Ordinanceapproving a statutory increase in compensation for members of the City Council to take effect after the 2024 municipal election.
12.2 Ordinance Introduction for the Repeal and Replacement of Chapter 5.45 of Title 5 Related to the Regulation of Massage Establishments
RECOMMENDED ACTION
1. Introduce an ordinance repealing and replacing Chapter 5.45 of Title 5 of the Menifee Municipal Code relating to the regulation of Massage Establishments.
12.3 Southern Gateway Specific Plan Ad Hoc Subcommittee RECOMMENDED ACTION
1. Establish and appoint two Councilmembers to a City Council Ad Hoc Subcommittee for the Southern Gateway Specific Plan project in keeping with City Council Policy No. 2.
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: March 6, 2024
> Discuss Reduction of Business License to be the Lowest In the County (Estrada, October 4, 2023)
Target Date: March 6, 2024
> Discuss options on how to move forward with annexation of all Parks located in Menifee. (Estrada, October 4, 2023)
Target Date: TBD
> Discuss Property Tax Benefits for Disabled Veterans (Estrada, July 19, 2023) Target Date:TBD
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
February 21, 2024
Page
8 of 1711
CITY OF MENIFEE
SUBJECT: Warrant Register
MEETING DATE: February 21, 2024
TO: Mayor and City Council
PREPARED BY: Ann-Marie Etienne, Finance Manager
REVIEWED BY: Travis Hickey, Chief Financial Officer
APPROVED BY: Armando G. Villa, City Manager
-------------------------------------------------------------------------------------------------------------------------------
RECOMMENDED ACTION
1. Ratify and approve the Voucher Lists dated 1/19/2024 and 1/26/2024 and the Payroll Register/Other EFTs dated 1/19/2024 and 1/23/2024, which have a total budgetary impact of $4,956,865.18.
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 Chief Financial Officer. Voucher Lists dated 1/19/2024 and 1/26/2024 and the Payroll Register/Other EFTs dated 1/19/2024 and 1/23/2024 have a total budgetary impact of $4,956,865.18.
STRATEGIC PLAN OBJECTIVE
Regular City Business
FISCAL IMPACT
As indicated previously, the payments of demand above have a total budgetary impact of $4,956,865.18, which is included in the fiscal year 2023/24 budget.
ATTACHMENTS
1. Voucher Listing 01/19/2024
2. Voucher Listing 01/26/2024
3. Payroll Register/Other EFTs
Item Title: 10.2
Warrant Register
Item Page Number: 1
Menifee Mayor and City Council
February 21, 2024
Page
9 of 1711
01/17/2024
Voucher List
City of Menifee
1 1:50:39PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 60866 1/19/2024 00748 4IMPRINT, INC. 12008808 CS PROMO MATERIALS 1,198.05 Total : 1,198.05
60867 1/19/2024 02492 ACT 1 CONSTRUCTION INC. 11 04376 NOV'23 CIP 21-04 QUAIL VALLEY NEW FIRE S 555,111.13 Total : 555,111.13
60868 1/19/2024 02257 ALL PURPOSE CONSTRUCTION, SERVICES, INC.1224 04943 ARPA-SFHI THRONHILL DR PROJECT 9,900.00 Total : 9,900.00
60869 1/19/2024 01252 AMAZON CAPITAL SERVICES, INC. 11DN-DKL3-FXTF FACILITIES MATERIALS/SUPPLIES 82.80 127.97PW MATERIALS / SUPPLIES16PR-TPPV-9M37
64.91PW MATERIALS / SUPPLIES197H-796L-63CX
101.56PD JANITORIAL SUPPLIES1F3R-1VWG-HFR6
147.51FLEET MATERIALS/SUPPLIES1G1X-RPL7-41DJ
333.88CS YOUTH PROGRAM SUPPLIES1G3F-CK7V-CWR6
698.13PARKS SMALL TOOLS/FIELD EQUIP1G3Y-TYCY-JWWY
105.69P/W VEHICLE MAINT1JGR-3MM1-R496
695.92CS SPORTS SUPPLIES1KC4-Q4RN-1R1J
103.31P/W EQUIP MAINT1PQ3-GKNN-363G
430.15PW MATERIALS / SUPPLIES1QKQ-MFPQ-6FYG
Total : 2,891.83
60870 1/19/2024 00507 ANIMAL FRIENDS OF THE VALLEY DECEMBER 2023 05103 DEC'23 ANIMAL FIELD SVCS 19,500.00 Total : 19,500.00
60871 1/19/2024 02588 APTIM ENVIRONMENTAL &, INFRASTRUCTURE, LLC613124 04559 CITY OF MENIFEE: SB1383 ASSISTANCE SERVI 465.00 Total : 465.00
60872 1/19/2024 01607 ARCHITERRA DESIGN GROUP 31791 04798 DEC'23 LNDSCPE DSGN/INSPCTIN SVCS 2,007.50 04798 2,801.58DEC'23 LNDSCPE DSGN/INSPCTIN SVCS31792
04798 375.00DEC'23 LNDSCPE DSGN/INSPCTIN SVCS31793
04798 250.00DEC'23 LNDSCPE DSGN/INSPCTIN SVCS31794
04798 250.00DEC'23 LNDSCPE DSGN/INSPCTIN SVCS31795
04798 187.50DEC'23 LNDSCPE DSGN/INSPCTIN SVCS31796
04798 437.50DEC'23 LNDSCPE DSGN/INSPCTIN SVCS31797
Total : 6,309.08
1Page:
Item Title: 10.2
Warrant Register
Item Page Number: 2
Menifee Mayor and City Council
February 21, 2024
Page
10 of 1711
01/17/2024
Voucher List
City of Menifee
2 1:50:39PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 60873 1/19/2024 01841 AXON ENTERPRISE, INC INUS214917 04972 PD FY23/24 FLEET CAMERA SERVICES 20,733.30 Total : 20,733.30
60874 1/19/2024 02728 CELEBRATION HOLIDAY STUDIO, CLIPA, LLC 10824 04951 HOLIDAY LIGHTING & DECORATING SVCS 22,625.00 Total : 22,625.00
60875 1/19/2024 02350 CMS MOBILE GLASS SHOP LLC. 5269 PW STREETS EQUIP MAINT 645.58 500.23PD VEH MAINT5289
90.00PD VEH MAINT5294
Total : 1,235.81
60876 1/19/2024 00776 CORELOGIC SOLUTIONS, LLC 30698578 DEC'23 CORELOGIC LICENSING 412.00 Total : 412.00
60877 1/19/2024 00453 DENNIS JANDA, INC. 16096 ENG PLAN CHECK SVCS TM 31194-1 1,072.50 472.50ENG SURVEY SVCS PLAN CHECK MEN-21-030 TM16233
Total : 1,545.00
60878 1/19/2024 00080 DOCU-TRUST 51850 JAN'23 DOC STORAGE & RETRIEVAL SVCS 847.48 Total : 847.48
60879 1/19/2024 02104 DOKKEN ENGINEERING 44997 04670 FEASIBILITY STUDY OF THE SALT CREEK CONS 19,280.00 Total : 19,280.00
60880 1/19/2024 00841 DUDEK 202308932 04769 AUG'23 ENVRNMNTL IMPCT RPRT SVCS DOUBLE 10,037.50 04769 13,873.75SEPT'23 ENVRNMNTL IMPCT RPRT SVCS DOUBLE202309701 04769 20,353.79OCT'23 ENVRNMNTL IMPCT RPRT SVCS DOUBLE202310109 Total : 44,265.04
60881 1/19/2024 00731 ENTERPRISE FM TRUST FBN4891742 05247 NOV'23 PD/CODE/CS VEHICLE LEASES 11,944.24 05247 37,469.33DEC'23 PD/CODE/CS VEHICLE LEASESFBN4901600 Total : 49,413.57
60882 1/19/2024 00767 FAIR HOUSING COUNCIL 554011024P 04897 FY24 CDBG SUB AGREEMENT FAIR HOUSING REQ 1,756.66 Total : 1,756.66
60883 1/19/2024 00974 HOSPICE OF THE VALLEYS 558011124P 04863 CDBG SUB AGREEMENT W/ HOSPICE OF THE VAL 4,405.43 2Page:
Item Title: 10.2
Warrant Register
Item Page Number: 3
Menifee Mayor and City Council
February 21, 2024
Page
11 of 1711
01/17/2024
Voucher List
City of Menifee
3 1:50:39PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 4,405.43 60883 1/19/2024 00974 00974 HOSPICE OF THE VALLEYS 60884 1/19/2024 01571 KATE ANDERSON FITNESS MEN-00022Jan CS INSTRUCTOR PMT 1.3.23 GET FIT AT THE 50.00 Total : 50.00
60885 1/19/2024 00840 KIMLEY-HORN AND ASSOCIATES, INC. 094991014-1123 03814 NOV'23 PLN CEQA SVCS CADO INDUSTRIAL PRO 36,742.50 04168 15,184.28OCT'23 CEQA SVCS MOTTE BUSINESS CENTER26526314 04168 37,107.50NOV23 CEQA SVCS MOTTE BUS CENTER26748017 04413 7,810.00NOV'23 CEQA SVCS COMPASS N. GATEWAY26748018 05060 3,965.00NOV'23 CEQA SVCS CIMARRON RIDGE EIR ADDE26748020 Total : 100,809.28
60886 1/19/2024 00848 KOBATA ASSOCIATES, INC. 5 2023 04796 NOV23 LNDSCPE DSGN/INSPCTIN SVCS 8,330.00 04796 7,686.00DEC'23 LNDSCPE DSGN/INSPCTIN SVCS6 2023
Total : 16,016.00
60887 1/19/2024 01567 LOZANO SMITH LLP 2206020 NOV'23 LEGAL SVCS~ 130.00 Total : 130.00
60888 1/19/2024 00241 LSA ASSOCIATES INC 190775 03624 OCT'23 CEQA SVCS MENIFEE SPECIFIC PLN EI 43,582.56 03624 4,246.04NOV'23 CEQA SVCS MENIFEE SPECIFIC PLN EI191505 Total : 47,828.60
60889 1/19/2024 01031 MENIFEE VALLEY TAEKWONDO, ACADEMY 561121423P CS INSTRUCTOR PMT NOV'23 INTERMEDIATE CL 1,364.88 Total : 1,364.88
60890 1/19/2024 00847 MIG/HOGLE IRELAND 84237 03391 NOV'23 CEQA SVCS VILLAGE SPECIFIC 1,120.00 Total : 1,120.00
60891 1/19/2024 00715 MOORE FENCE COMPANY, INC. 23-7978 05196 AUDIE MURPHY SPORTS PARK BASEBALL DUGOUT 11,514.31 Total : 11,514.31
60892 1/19/2024 02574 PARADISE CHEVROLET CADILLAC 753073CVW PD VEH MAINT 133.67 296.29PD VEH MAINT754420CVW
1,176.28PD VEH MAINT755008CVW
-50.00PD VEHICLE MAINT-CORE RETURNCM749412 CVW
Total : 1,556.24
3Page:
Item Title: 10.2
Warrant Register
Item Page Number: 4
Menifee Mayor and City Council
February 21, 2024
Page
12 of 1711
01/17/2024
Voucher List
City of Menifee
4 1:50:39PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 60893 1/19/2024 01843 PARKHOUSE TIRE, INC 2010882685 PD VEH MAINT- TIRE STOCK 822.01 05211 3,211.63PW-STREETS MAINT. UNIT #2382010882758
1,475.08PD VEH MAINT- TIRE STOCK2010883062
227.24PD VEH MAINT- TIRE STOCK2010883066
329.37PW-STREETS MAINT- PARTS2010884004
Total : 6,065.33
60894 1/19/2024 02512 PARTS AUTHORITY, LLC 292-455893 PD VEH MAINT 210.11 105.05PD VEH MAINT292-456902
172.93PD VEH MAINT292-456996
281.79PD VEH MAINT456364
114.58PW STREEETS EQUIP MAINT457225
282.99PW VEH MAINT62-825370
47.83PW STREETS EQUIP MAINT833648
Total : 1,215.28
60895 1/19/2024 00346 PLACEWORKS, INC. 83182 04550 NOV'23 HOUSING MARKETING STUDY 1,999.20 Total : 1,999.20
60896 1/19/2024 02500 RIVERSIDE CONSTRUCTION CO. INC 11 04396 DEC'23 CIP13-03 HOLLAND/I-215 INTRCHNGE 1,174,206.12 Total : 1,174,206.12
60897 1/19/2024 00596 SATCOM DIRECT GOVERNMENT, INC 7471024 DEC'23 EMERGENCY SATELLITE PHONE SVC 54.25
54.25DEC'23 EMERGENCY SATELLITE PHONE SVC7471025
54.25DEC'23 EMERGENCY SATELLITE PHONE SVC7471026
54.25DEC'23 EMERGENCY SATELLITE PHONE SVC7471027
54.25DEC'23 EMERGENCY SATELLITE PHONE SVC7471028
Total : 271.25
60898 1/19/2024 01318 SEARLE CREATIVE GROUP LLC 23671-CM 04932 ON-CALL GRAPHIC DESIGN SERVICES 236.25 1,050.00ECON DEV JOBS NOW INITIATIVE, HOLIDAY CA23672-ED 100.00PD WEBSITE PRO SVCS23673-PD
Total : 1,386.25
60899 1/19/2024 01674 SSD ALARM R-00497747 05261 FEB'24 PW BURGLAR ALARM SVCS 235.99 05069 637.64FEB'24 FIRE ALARM SVCSR-00499459
Total : 873.63
4Page:
Item Title: 10.2
Warrant Register
Item Page Number: 5
Menifee Mayor and City Council
February 21, 2024
Page
13 of 1711
01/17/2024
Voucher List
City of Menifee
5 1:50:39PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 60900 1/19/2024 01582 STUDENT TRANSPORTATION, OF AMERICA 70239868 04968 RECREATIONAL CHARTER BUS SVCS PINS N POC 840.00 Total : 840.00
60901 1/19/2024 02647 TRANSUNION RISK AND ALT., DATA SOLUTIONS, INC6434932-202312-1 04955 PD SOCIAL MEDIA REPORTING 366.60 Total : 366.60
60902 1/19/2024 02676 VESERIS IN-4429637 PW STREET MATERIALS/SUPPLIES 1,507.16 Total : 1,507.16
60903 1/19/2024 01425 VIDEO APPROACH 2023-054 05206 VIDEOGRAPHY AND EDITING SVCS FOR RESTAUR 10,875.00 Total : 10,875.00
60904 1/19/2024 01250 VULCAN MATERIALS COMPANY 73882699 P/W STREET MAINTENANCE 528.14 219.02P/W STREET MAINTENANCE73886445
522.99P/W STREET MAINTENANCE73887936
Total : 1,270.15
60905 1/19/2024 00298 WEX BANK 94400601 DEC'23 CITY VEHICLE FUEL & MAINT CHARGES 44,936.00 Total : 44,936.00
60906 1/19/2024 02595 WHITE CAP, LP 50025058839 P/W MATERIALS/SUPPLIES 737.31 Total : 737.31
60907 1/19/2024 00814 WILLDAN FINANCIAL SERVICES 10-57131 FY2022/23 CDIAC REPORT PREPARATION AND F 500.00 Total : 500.00
60908 1/19/2024 01524 WRIGHT SEPTIC 41636 FIRESTATION #5 FACILITY MAINT 760.00 Total : 760.00
60909 1/19/2024 00555 ADAME LANDSCAPING, INC. 102425 04910 DEC'23 PARK MAINTENANCE SERVICES (FY23/2 52,081.55 04909 50,223.85DEC'23 LANDSCAPE MAINTENANCE SERVICES (F102426 04911 839.57DEC'23 PLANTER AREA & TURF MAINT. SERVIC102427 Total : 103,144.97
60910 1/19/2024 01795 AIR & HOSE SOURCE, INC 539586 PW STREETS EQUIP MAINT 68.11
45.26PW STREETS MAINT539786
Total : 113.37
5Page:
Item Title: 10.2
Warrant Register
Item Page Number: 6
Menifee Mayor and City Council
February 21, 2024
Page
14 of 1711
01/17/2024
Voucher List
City of Menifee
6 1:50:39PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 60911 1/19/2024 01350 AMERIGAS PROPANE L.P. 3158808108 FIRESTATION #68 PROPANE SVCS 919.39 Total : 919.39
60912 1/19/2024 01646 ARROYO BACKGROUND, INVESTIGATIONS 3276 04799 PD BACKGROUND INVESTIGATION SVCS 2,500.00 Total : 2,500.00
60913 1/19/2024 00679 AUTOZONE INC. 6163981624 PD VEH MAINT- PARTS FOR STOCK 265.04
46.07FLEET SHOP SUPPLIES6163998478
Total : 311.11
60914 1/19/2024 02366 AZTEC JANITORIAL SERVICES J1685 05011 DEC-24 CITY FACILITIES JANITORIAL SERVIC 20,873.93 Total : 20,873.93
60915 1/19/2024 02748 BUCHALTER, A PROFESSIONAL, CORPORATION1265600-002 DEC'23 CITY LEGAL SVCS FILE C4099-3 130.00
93.00DEC'23 CITY LEGAL SVCS FILE C4099-41265600-003
Total : 223.00
60916 1/19/2024 01098 CAL TRUE VALUE 5475/1 PD FACILITY MAINT MATERIALS AND SUPPLIES 48.38
29.62FACILITY MAINT5478/1
32.28CS PW SUPPLIES5481/1
21.28CS PW SUPPLIES5483/1
16.81AMR SMALL TOOLS / FIELD EQUIP5484/1
47.63CFD FACILITY MAINT5485/1
23.91AMR SMALL TOOLS / FIELD EQUIP5486/1
179.06P/W EQUIP MAINT5490/1
13.80P/W EQUIP MAINT5491/1
Total : 412.77
60917 1/19/2024 01612 CAZCOM, INC 40781 PD RADIO SUPPLIES 1,044.39 Total : 1,044.39
60918 1/19/2024 02083 COUNTY OF RIVERSIDE, EXECUTIVE OFFICE 1/5/24 04975 FY23/24 DEBT SVCS PORTION PAYMENT 175,804.00 04975 110,488.00JAN-MAR'24 ANIMAL SHELTERING SVCS2024-03MEN Total : 286,292.00
60919 1/19/2024 02369 CRIME SCENE CLEANERS 20231226 PD BIOHAZARD REMOVAL 450.00 Total : 450.00
6Page:
Item Title: 10.2
Warrant Register
Item Page Number: 7
Menifee Mayor and City Council
February 21, 2024
Page
15 of 1711
01/17/2024
Voucher List
City of Menifee
7 1:50:39PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 60920 1/19/2024 02275 CUTTING EDGE SUPPLY 27031 PW STREETS EQUIP MAINT 1,428.67 Total : 1,428.67
60921 1/19/2024 02312 DOMINGUEZ, JENNIFER 24-034C-A T&T JENNIFER D. ACHIEVING EXCELLENCE CAP 457.33 Total : 457.33
60922 1/19/2024 00161 EASTERN MUNICIPAL WATER DIST. 500000191 1/5/24 DEC'23 FIRE STATION #76 WATER SVCS 113.56 127.30DEC'23 AMR SPORTS PARK IRRIGATION500000768 1/5/24 508.21DEC'23 LLMD ZONE 3 WATER SVCS500064203 1/4/24
928.84DEC'23 LLMD ZONE 3 WATER SVCS500065258 1/4/24
446.48DEC'23 LLMD ZONE 3 WATER SVCS500065261 1/4/24
248.90DEC'23 LLMD ZONE 69 WATER SVCS500069563 1/4/24
206.71DEC'23 LLMD ZONE 69 WATER SVCS500069564 1/4/24
473.13DEC'23 CSA 145 WATER SVCS-NORDIC LANE500069659 1/4/24 678.49DEC'23 CSA 145 ROW WATER SVCS-MURRIETA R500071797 1/4/24 490.55DEC'23 LLMD ZONE 77 WATER SVCS500072316 1/4/24
390.38DEC'23 LLMD ZONE 81 WATER SVCS500073607 1/4/24
191.39DEC'23 AMR SPORTS PARK WATER SVCS500075951 1/4/24 652.33DEC'23 AMR ROW WATER SVCS500075952 1/4/24
745.14DEC'23 AMR ROW WATER SVCS500077836 1/4/24
699.67DEC'23 LLMD ZONE 3 WATER SVCS500078190 1/4/24
744.02DEC'23 LLMD ZONE 77 WATER SVCS500079270 1/4/24
964.58DEC'23 FIRE STATION #7 WATER SVC500079969 1/3/24
454.66DEC'23 CITY HALL WATER SVCS500084101 1/3/24
119.61DEC'23 HIDDEN HILLS PARK RESTROOM WATER500084613 1/4/24 137.98DEC'23 CFD2015-2 ANNEX 18, ZONE 19 WATER500084836 1/3/24
97.22DEC'23 CENTRAL PARK WATER SVCS500086730 1/4/24
90.95DEC'23 POLICE HEADQUARTERS WATER SVC500088856 1/3/24
92.19DEC'23 WATER SVC NORTH ANNEX BLDG500096665 1/3/24
163.18DEC'23 CSA 145 WATER SVCS - CALLE TOMAS500099169 1/3/24 467.30DEC'23 CSA 145 WATER SVCS- LAZY CREEK500099235 1/3/24 139.78DEC'23 CHERRY HILLS BLVD STREET MEDIAN R500104746 1/3/24 356.80DEC'23 WATER SVC SENIOR CENTER500146772 1/3/24
255.28DEC'23 LLMD ZONE 3 WATER SVCS500151224 1/3/24
363.73DEC'23 CSA 33 WATER SVCS-ENCANTO DR500153535 1/5/24 129.73DEC'23 RANCHO RAMONA PARK WATER SVCS500154617 1/5/24 122.75DEC'23 CSA 33 WATER SVCS-ALTA VISTA WAY500154618 1/5/24 7Page:
Item Title: 10.2
Warrant Register
Item Page Number: 8
Menifee Mayor and City Council
February 21, 2024
Page
16 of 1711
01/17/2024
Voucher List
City of Menifee
8 1:50:39PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 60922 1/19/2024 (Continued)00161 EASTERN MUNICIPAL WATER DIST. 237.45DEC'23 LLMD ZONE 3 WATER SVCS500160206 1/3/24
125.89DEC'23 LLMD ZONE 3 WATER SVCS500160706 1/4/24
102.30DEC'23 LLMD ZONE 3 WATER SVCS500163592 1/4/24
125.81DEC'23 CFD2015-2 ANNEX #7, ZONE 8 WATER500403157 1/4/24 108.63DEC'23 AIR GAP CONSTRUCTION WATER METER500536777 1/11/24 Total : 12,300.92
60923 1/19/2024 00161 EASTERN MUNICIPAL WATER DIST. 500000508 1/4/24 DEC'23 CSA 145 WATER SVCS-SCHOOL PARK DR 20.66
32.46DEC'22 FIRE STATION #76 WATER SVCS500004008 1/5/24
35.87DEC'23 LLMD ZONE 3 WATER SVCS500015569 1/4/24
28.07DEC'23 AMR ROW WATER SVCS500079022 1/4/24
75.19DEC'23 FERGUSON ROW WATER SVCS500081480 1/4/24
83.70DEC'23 LLMD ZONE 167 WATER SVCS500083873 1/5/24
56.93DEC'23 CSA 145 WATER SVC-RIM CREEK PATH500083890 1/4/24
72.86DEC'23 AMR SILVERSTAR PARK WATER SVCS500084125 1/3/24
77.51DEC'23 AMR ROW WATER SVCS500084513 1/3/24
20.66DEC'23 HIDDEN HILLS PARK IRRIGATION SVCS500084615 1/4/24
69.85DEC'23 CENTENNIAL PARK WATER SVCS500087044 1/4/24
82.12DEC'23 CFD 2015-2 ANNEXATION 34 ZONE 34500087081 1/4/24
77.51DEC'23 LLMD ZONE 3 WATER SVCS500136045 1/3/24
77.51DEC'23 LLMD ZONE 3 WATER SVCS500136046 1/3/24
90.21DEC'23 LLMD ZONE 3 WATER SVCS500136663 1/5/24
61.55DEC'23 FIRE STATION #68 WATER SVCS500138106 1/4/24
23.42DEC'23 FIRE STATION #68 WATER SVCS500138108 1/4/24
20.74DEC'23 LLMD ZONE 3 WATER SVCS500145028 1/5/24
41.42DEC'23 WATER SVC ANNEX BLDG500147167 1/3/24
78.01DEC'23 LLMD ZONE 3 WATER SVCS500149389 1/3/24
78.01DEC'23 LLMD ZONE 3 WATER SVCS500157631 1/3/24
59.27DEC'23 LLMD ZONE 3 WATER SVCS500158562 1/4/24
27.94DEC'23 LLMD ZONE 3 WATER SVCS500158962 1/3/24
31.42DEC'23 CSA 145 WATER SVCS - PARK CITY500159132 1/3/24
77.51DEC'23 LLMD ZONE 3 WATER SVCS500160208 1/3/24
27.94DEC'23 SUNSET PARK WATER SVCS500304217 1/3/24
76.57DEC'23 REMINGTON WATER SVCS500681987 1/5/24
Total : 1,504.91
8Page:
Item Title: 10.2
Warrant Register
Item Page Number: 9
Menifee Mayor and City Council
February 21, 2024
Page
17 of 1711
01/17/2024
Voucher List
City of Menifee
9 1:50:39PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 60924 1/19/2024 01928 EFAX CORPORATE 4712262 DEC'23 FAX LINES PD REPORTS 159.50 159.50JAN'23 FAX LINES PD REPORTS4744505
Total : 319.00
60925 1/19/2024 02368 ENVIRONMENTAL SCIENCE, ASSOCIATES 191652 04801 NOV'23 ONCALL ENVIRO REVIEW 3,563.00 Total : 3,563.00
60926 1/19/2024 00024 FEDEX 8-375-80738 JAN'23 PD EXPRESS DELIVERY SVCS 16.79 Total : 16.79
60927 1/19/2024 01142 FRONTIER CALIFORNIA INC. 3101500013 1/6/24 JAN'23 CITY HALL IP CIRCUIT (MAIN) 451.19 990.00JAN'23 CITY HALL DEDICATED FIBER (EIA)9511970298 1/4/24 802.97JAN'23 PW YARD FIOS SVCS9516792323 1/6/24
179.76JAN'23 ALARM CITY HALL9516793592 1/4/24
798.35JAN'23 PD SUBSTATION FIOS9516797031 1/1/24
145.79JAN'23 LAZY CREEK ALARM SVCS9516798153 1/4/24
69.63JAN'23 SENIOR CENTER FIRE ALARM9516798460 12/28/23 Total : 3,437.69
60928 1/19/2024 02439 GERONIMO, CARLOS 24-001B-C T&T CLM CARLOS G. FOCUS ON THE FUTURE 20 151.75 Total : 151.75
60929 1/19/2024 02685 GOSCH FORD TEMECULA 1061207 PW STREETS VEHICLE MAINT 76.09 Total : 76.09
60930 1/19/2024 01419 HMR&R SERVICES INC 10990 05157 MINOR HOME REHABILITATION GRANT PROGRAM 2,500.00 Total : 2,500.00
60931 1/19/2024 02566 IMPERIAL SPRINKLER SUPPLY 13801039-001 LA LADERA PARK SUPPLIES 173.39
11.98CFD IRRIGATION SUPPLIES13879453-001
120.13CFD IRRIGATION SUPPLIES13897123-001
20.17PARKS IRRIGATION SUPPLIES13904104-001
154.26CFD IRRIGATION SUPPLIES13916103-001
Total : 479.93
60932 1/19/2024 01341 JOHNSON EQUIPMENT COMPANY 8642 FIRE MARSHAL VEHICLE MAINTENANCE 1,984.86 Total : 1,984.86
9Page:
Item Title: 10.2
Warrant Register
Item Page Number: 10
Menifee Mayor and City Council
February 21, 2024
Page
18 of 1711
01/17/2024
Voucher List
City of Menifee
10 1:50:39PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 60933 1/19/2024 01852 LANGUAGE LINE SERVICES, INC 11181856 04954 DEC'23 COMPREHENSIVE INTERPRETATION 176.81 Total : 176.81
60934 1/19/2024 00525 LIEBERT CASSIDY WHITMORE 255683 NOV'23 CITY LEGAL SVCS ME410-00007 73.00 3,016.00NOV'23 CITY LEGAL SVCS ME410-00001255944
Total : 3,089.00
60935 1/19/2024 00935 LIFE-ASSIST, INC. 1389959 FIRE MATERIALS & SUPPLIES 170.19 162.08FIRE MATERIALS & SUPPLIES1393418
Total : 332.27
60936 1/19/2024 00128 LOWES 901056 -MHOPZK PD MATERIALS/SUPPLIES 364.88
72.31FACILITIES MAINT MATERIALS/SUPPLIES901057 -MHOPZL
81.46PD MATERIALS/SUPPLIES971320 -MHSUBK
184.86FACILITIES MAINT976783 -MFVZHF
5.48FACILITIES MAINT982538 -MAYAUJ
Total : 708.99
60937 1/19/2024 01891 MATTHEW FAGAN CONSULTING, INC 11 04085 04085 NOV-DEC'23 PLN CEQA REVIEW SVCS UNITED C 1,047.00 Total : 1,047.00
60938 1/19/2024 00474 CHIDELL WATKINS 553010524D DEPOSIT REFUND FOR LAZY CREEK MULTIPURPO 200.00 Total : 200.00
60939 1/19/2024 00474 DEE LEAVITT 555010224P PD VOLUNTEER UNIFORM TAILORING REIMB 133.61 Total : 133.61
60940 1/19/2024 00474 BERENICE HERRERA 556010224P PD VOLUNTEER UNIFORM TAILORING REIMB 118.54 Total : 118.54
60941 1/19/2024 01614 MURRIETA/WILDOMAR CHAMBER OF, COMMERCE43750 ED ALL CHAMBER MEGA MIXER 250.00 Total : 250.00
60942 1/19/2024 00292 NATIONAL BAND & TAG CO. 250034 DOG TAGS 414.91 Total : 414.91
60943 1/19/2024 01796 NETFILE, INC 9157 04895 3RD QTR ELECTRONIC FILINGS & CAMPAIGN SV 1,875.00 10Page:
Item Title: 10.2
Warrant Register
Item Page Number: 11
Menifee Mayor and City Council
February 21, 2024
Page
19 of 1711
01/17/2024
Voucher List
City of Menifee
11 1:50:39PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 1,875.00 60943 1/19/2024 01796 01796 NETFILE, INC 60944 1/19/2024 02664 OLD TOWN WISE RIDERS, INC, OLD TOWN TEMECULA H-D/BMW171854 OUTSOURCED FLEET REPAIRS 58.76 Total : 58.76
60945 1/19/2024 01130 O'REILLY AUTO PARTS 4746-490868 FACILITIES SUPPLIES 29.33 186.96PD VEH MAINT- RESTOCK4746-493496
31.32FLEET SHOP SUPPLIES4746-493670
170.47FLEET SHOP SUPPLIES4746-493861
186.96PD VEH MAINT- RESTOCK4746-495297
37.71PW STREETS EQUIP MAINT4746-495339
50.03PW STREETS EQUIP MAINT4746-496142
5.08PW STREETS EQUIP MAINT4746-496189
65.24PW STREETS EQUIP MAINT4746-496296
-76.10FLEET MATERIALS/SUPPLIES4746-496301
Total : 687.00
60946 1/19/2024 00685 PERRIS UNION HIGH SCHOOL DIST. 559011024R REFUND FOR OVERPAYMENT OF INV 01973 593.06 Total : 593.06
60947 1/19/2024 01951 PRISTINE UNIFORMS, LLC 382 PD UNIFORMS 202.23 722.01PD UNIFORMS383
Total : 924.24
60948 1/19/2024 01065 PRUDENTIAL OVERALL SUPPLY 23588362 FLEET PROFESSIONAL CLEANING SVCS 41.14
41.14FLEET PROFESSIONAL CLEANING SVCS23591523
272.72PW UNIFORM CLEANING SVCS23594500
41.14FLEET PROFESSIONAL CLEANING SVCS23594501
315.11PW UNIFORM CLEANING SVCS23597552
41.14FLEET PROFESSIONAL CLEANING SVCS23597553
Total : 752.39
60949 1/19/2024 00006 R&R BUSINESS SOLUTIONS 9087 PRTC COMMISIONER SHIRTS 150.14 Total : 150.14
60950 1/19/2024 02313 RAMIREZ, MARITSA 24-034D-A T&T ADV MARITSA R. ACHIEVING EXCELLENCE 457.33 Total : 457.33
11Page:
Item Title: 10.2
Warrant Register
Item Page Number: 12
Menifee Mayor and City Council
February 21, 2024
Page
20 of 1711
01/17/2024
Voucher List
City of Menifee
12 1:50:39PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 60951 1/19/2024 00301 RIGHTWAY 369792 JAN-FEB'24 P/W EQUIPMENT RENTAL 246.23 Total : 246.23
60952 1/19/2024 01456 RIVERSIDE UNIVERSITY HEALTH, S MENIFEE PD 2023-12 04818 ADULT/ADOLESCENT FORENSIC SVCS 1,200.00 Total : 1,200.00
60953 1/19/2024 00456 ROGERS, ANDERSON, MALODY 74273 05222 AUDIT AND RELATED REPORT SVCS 13,895.00 Total : 13,895.00
60954 1/19/2024 01453 SIGNS BY TOMORROW 31774 05259 LEGAL SIGNAGE PROJ NOTICING 1,783.50 Total : 1,783.50
60955 1/19/2024 00046 SOUTHERN CALIFORNIA EDISON 700167267551 1/9/24 DEC'23 COMM SHACK DAILY RD ELECTRIC SVC 56.15 206.11DEC'23 LLMD ZONE 167 SIGNAL SVCS700228070080 1/8/24 124.75DEC'23 CFD 2017-1 TOWN CENTER TRAFFIC SI700268849486 1/9/24
91.57DEC'23 CFD 2017-1 TOWN CENTER TRAFFIC SI700268863432 1/9/24 115.37DEC'23 CFD 2017-1 TOWN CENTER TRAFFIC SI700268894249 1/9/24
32.57DEC'23 AMR ROW IRRIGATION SVCS700303731902 1/10/24
23.68DEC'23 AMR SPORTS PARK ELECTRIC SVCS700352616969 1/10/24 801.02DEC'23 PD HQ ELECTRICAL SVCS700529353801 1/10/24
152.57DEC'23 SCOTT/MURRIETA RD TRAFFIC SIGNAL700647813231 1/9/24
16.51DEC'23 PALOMA WASH TRAIL IRRIGATION SVSC700725107578 1/9/24
90.75DEC'23 SUNSET PARK ELECTRICAL SVCS700738858441 1/10/24
41.01DEC'23 CIP 21-015 SIGNAL SVCS700816409335 1/9/24
100.74DEC'23 CIP 21-015 SIGNAL SVCS700816436011 1/9/24
Total : 1,852.80
60956 1/19/2024 01034 TEMECULA WINNELSON CO. 297060 01 FACILITIES SUPPLIES 126.14 Total : 126.14
60957 1/19/2024 01085 THE SHERWIN-WILLIAMS CO 7450-9 CE PAINT - GRAFFITI CLEAN UP 45.98 Total : 45.98
60958 1/19/2024 01683 TOMMY'S EXPRESS CARWASH DEC 1, 2023 DEC'23 VEHICLE MAINTENANCE 91.00 Total : 91.00
60959 1/19/2024 00189 VERIZON WIRELESS 9952459981 DEC'23 PD MOBILE CHARGES 10,057.90 12Page:
Item Title: 10.2
Warrant Register
Item Page Number: 13
Menifee Mayor and City Council
February 21, 2024
Page
21 of 1711
01/17/2024
Voucher List
City of Menifee
13 1:50:39PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 10,057.90 60959 1/19/2024 00189 00189 VERIZON WIRELESS 60960 1/19/2024 01887 VISCID DESIGN CO. 9312 FLEET MATERIALS/SUPPLIES 258.60 Total : 258.60
60961 1/19/2024 00270 WEST COAST LIGHTS & SIRENS INC 25383 04758 PD VEHICLE UPFITTING 8,392.96 8,392.96PD VEHICLE UPFITTING25384
04758
Total : 16,785.92
60962 1/19/2024 01803 WEST TOW 21-89420 PD VEHICLE TOWING SVCS 1,000.00 130.00PD VEHICLE TOWING SVCS24-127095
Total : 1,130.00
60963 1/19/2024 02051 WORLDPAC INC 86815779 PD VEH MAINT- PARTS STOCK REPLEN 27.93 159.28PD VEH MAINT- PARTS STOCK REPLEN86828391
195.64FLEET SHOP SUPPLIES87128616
Total : 382.85
60964 1/19/2024 02582 ZAKI, AMIR 24-264B-A T&T ADV AMIR Z. CSMFO ANNUAL CONFERENCE 307.50 Total : 307.50
60965 1/19/2024 00844 ZOLL MEDICAL CORP. 3867611 05116 FIRE DEPT CPR SUPPLIES 13,349.37 249.12CPR SUPPLIES3886244
Total : 13,598.49
Bank total : 2,708,329.80 100 Vouchers for bank code : uboc 2,708,329.80Total vouchers :Vouchers in this report 100 13Page:
Item Title: 10.2
Warrant Register
Item Page Number: 14
Menifee Mayor and City Council
February 21, 2024
Page
22 of 1711
01/24/2024
Voucher List
City of Menifee
1 3:05:51PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 60966 1/26/2024 00748 4IMPRINT, INC. 26496651 YLM PROMO ITEMS 1,213.32 Total : 1,213.32
60967 1/26/2024 01252 AMAZON CAPITAL SERVICES, INC. 19VV-RFPD-Y4HV PD OFFICE SUPPLIES 123.88 -323.52ENGINEERING FURNITURE/EQUIP1C3C-TG3P-P94X
125.06P/W IT SUPPLIES1GPH-VKY6-7L3M
1,393.77PD SUPPLIES - OTS GRANT1GV3-V6NH-DLXF
271.21PW MATERIALS / SUPPLIES1K46-PN1R-7YY9
141.35CSA 145 FACILITY MAINTENANCE1L6H-DC6M-XTWP
47.84PW GRAFFITI ABATEMENT SUPPLIES1MWY-6Q4R-JPM1
123.90CSA 145 FACILITY MAINTENANCE1MX1-WP17-XTWJ
380.23CS FURNITURE/EQUIP1NG7-1J6L-YMNG
51.28P/W SMALL TOOLS/FIELD EQUIP1NQD-1MFT-WKFN
117.44FLEET MATERIALS/SUPPLIES1P3H-CHQ9-D4XQ
10.86CITY HALL MATERIALS/SUPPLIES1PDM-YD9R-YR4W
391.34CS SPORTS SUPPLIES1QT7-XHM9-W1MT
168.53CS SPECIAL EVENT SUPPLIES1R97-FL39-7MQT
472.88CS RANGER SUPPLIES1T1N-3J6L-GGXC
119.25CSA 145 FACILITY MAINTENANCE1VNM-96GV-HDX7
115.06P/W EQUIP MAINT1X4H-FTP9-3VNC
Total : 3,730.36
60968 1/26/2024 00123 AMBER MANAGEMENT, LLC 2-022024 FEB'24 CITY HALL MNTHLY RENT 60,202.00 5,269.00FEB'24 CITY HALL EXTRA OFFICE SPACE MNTH3-022024 Total : 65,471.00
60969 1/26/2024 02036 AMERICAN LEGAL PUBLISHING CORP 31270 INTERNET RENEWAL PERIOD 2/24-2/25 350.00 Total : 350.00
60970 1/26/2024 01898 AMERICAN RAMP COMPANY 8215 05047 GW PUMP TRACK SIGN 5,035.79 Total : 5,035.79
60971 1/26/2024 02136 B&H PHOTO-VIDEO, B&H FOTO & ELECTRONICS CO220175682 IT SUPPLIES 1,449.41 Total : 1,449.41
60972 1/26/2024 02111 CANNON DESIGN 6219 03538 FIRE STATION #5 ARCHITECTURAL & ENG SVCS 13,397.57 1Page:
Item Title: 10.2
Warrant Register
Item Page Number: 15
Menifee Mayor and City Council
February 21, 2024
Page
23 of 1711
01/24/2024
Voucher List
City of Menifee
2 3:05:51PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 13,397.57 60972 1/26/2024 02111 02111 CANNON DESIGN 60973 1/26/2024 02514 CUMMING MANAGEMENT GROUP, INC. 139353 04698 DEC'23 CIP22-23 LBR COMPLI ROMOLAND GRID 960.00 04842 1,200.00DEC'23 LBR COMPLI PMP 23-01 SLURRY SEAL139354 05001 1,920.00DEC23 CIP23-05/06 LABOR COMPLIANCE SVCS139355 05021 600.00DEC'23 PMP 24-01 LABOR COMPLIANCE SVCS C139356 Total : 4,680.00
60974 1/26/2024 00881 D.R. BECHTER CONSULTING INC. 14-002-412 04883 DEC'23 CONSTR INSP SVCS 875.00 Total : 875.00
60975 1/26/2024 00453 DENNIS JANDA, INC. 16268 ENG SURVEY SVCS TR 37178 357.50 172.50ENG SURVEY SVCS PM 38469 (PR21-0207)16270
Total : 530.00
60976 1/26/2024 00272 DIAMOND ENVIRONMENTAL SVC 5148116 PETERSEN PARK RESTROOM RENTAL 208.63 157.74JAN'23 NOVA LN RESTROOM RENTAL5155814
Total : 366.37
60977 1/26/2024 01988 DIVERSIFIED DISTRIBUTION 2003687 PD VEH MAINT- RESTOCK 337.02 Total : 337.02
60978 1/26/2024 02104 DOKKEN ENGINEERING 44915 03707 NOV'23 VALLEY BOULEVARD WIDENING ENVIRON 12,435.00 04670 3,052.50FEASIBILITY STUDY OF THE SALT CREEK CONS45203 Total : 15,487.50
60979 1/26/2024 02750 ENNIS-FLINT, INC. 455687 05254 PW STREET LEGENDS MAINT 2,947.00 Total : 2,947.00
60980 1/26/2024 02367 FIRSTCARBON SOLUTIONS 75455 04764 NOV'23 CEQA SVCS SALT CREEK TRACT 26,797.50 Total : 26,797.50
60981 1/26/2024 00805 GARY F. HOYT LANDSCAPE CP-2576 04939 NOV'23 LNDSP RVW BOULDERS CFD LANDSCAPE 462.00 05088 858.00LNDSCP RVW TM32102 BANNER PARK SOUTH POCCP-2577 Total : 1,320.00
60982 1/26/2024 01310 GOLDSTAR ASPHALT PRODUCTS 25943 PW MATERIALS/SUPPLIES 204.51 2Page:
Item Title: 10.2
Warrant Register
Item Page Number: 16
Menifee Mayor and City Council
February 21, 2024
Page
24 of 1711
01/24/2024
Voucher List
City of Menifee
3 3:05:51PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 204.51 60982 1/26/2024 01310 01310 GOLDSTAR ASPHALT PRODUCTS 60983 1/26/2024 02129 GRACIELA VERDUZCO JAN'24-A JAN'24 PD SUBSTATION LEASE CAM DIFFERENC 45.00 Total : 45.00
60984 1/26/2024 02757 GRAYMAR ENVIRONMENTAL, SERVICES, INC. 121423SCA-MEN 05272 PW HAZARDOUS WASTE CLEAN-UP 2,091.37 Total : 2,091.37
60985 1/26/2024 00558 HDL COREN & CONE SIN035360 04885 JAN-MAR'24 PROPERTY TAX CONSULTING SVCS 3,170.00 Total : 3,170.00
60986 1/26/2024 00824 HILLCREST CONTRACTING, INC. PB 31858 05020 MURPHY RANCH ROAD - ADA RAMP INSTALL 9,810.00 Total : 9,810.00
60987 1/26/2024 01461 IK CONSULTING, LLC IK-Menifee1223 04988 SEPT & OCT'23 ON CALL TECH SPT & TRAININ 3,262.50 Total : 3,262.50
60988 1/26/2024 02567 J. SMITH & T. MULI, INC. 10341223 04996 STORM WATER/HYDROLOGICAL REVIEW BURGER K 1,627.50 05253 1,085.00WQMP REVIEW-PM37103 BAKER MEDICAL10451223 Total : 2,712.50
60989 1/26/2024 00745 K & A ENGINEERING, INC. 19486 04574 NOV'23 CIP 23-02 CIVIL DSGN SVCS GOETZ R 1,511.95 Total : 1,511.95
60990 1/26/2024 00840 KIMLEY-HORN AND ASSOCIATES, INC. 26261519 05060 SEPT'23 CEQA SVCS CIMARRON RIDGE EIR ADD 27,002.50 04768 41,317.50NOV'23 CEQA SVCS LOGISTICS WAREHOUSE26748019 04413 4,857.50DEC'23 CEQA SVCS COMPASS NORTHERN GATEWA27031997 05060 705.00DEC'23 CEQA SVCS CIMARRON RIDGE27031999
Total : 73,882.50
60991 1/26/2024 00790 LEIGHTON CONSULTING, INC. 60968R 04843 DEC'23 MTRLS TSTNG PMP 23-01 SLURRY SEAL 807.55 Total : 807.55
60992 1/26/2024 00241 LSA ASSOCIATES INC 191617 04560 DEC'23 CEQA SVCS FREEDOM BUS PARK 14,785.75 Total : 14,785.75
60993 1/26/2024 00977 MENIFEE VALLEY BOYS/GIRLS CLUB 564011824P 04959 FY24 CDBG SUB AGRMNT BOY/GIRLS CLUB #6 743.35 3Page:
Item Title: 10.2
Warrant Register
Item Page Number: 17
Menifee Mayor and City Council
February 21, 2024
Page
25 of 1711
01/24/2024
Voucher List
City of Menifee
4 3:05:51PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 743.35 60993 1/26/2024 00977 00977 MENIFEE VALLEY BOYS/GIRLS CLUB 60994 1/26/2024 01432 MERRIMAN'S INC 111323-WOLCOTT 05161 MINOR HOME REHABILITATION GRANT PROGRAM 14,499.00 Total : 14,499.00
60995 1/26/2024 00847 MIG/HOGLE IRELAND 84238 03645 NOV'23 CEQA SVCS MENIFEE NORTH SPA 1,062.50 03391 275.00DEC'23 CEQA SVCS VILLAGE SPECIFIC84576
Total : 1,337.50
60996 1/26/2024 02574 PARADISE CHEVROLET CADILLAC 756059CVW PD VEH MAINT 316.13 Total : 316.13
60997 1/26/2024 02568 PARSONS TRANSPORTATION GROUP,, INC. 2312A392 05151 TRAFFIC IMPACT STUDY REVIEW TTM38625 SAL 3,696.00 04917 12,780.00ENVRNMTL/CIVIL DESIGN SVCS CIP 23-12 MEN2312C451 Total : 16,476.00
60998 1/26/2024 02512 PARTS AUTHORITY, LLC 292-457802 PD VEH MAINT 593.59 147.86PD VEH MAINT292-458158
163.55PD VEH MAINT292-458184
105.05PD VEH MAINT292-458213
173.15PW STREETS VEH MAINT292-459137
126.42PD VEH MAINT- PARTS RESTOCK458306
16.40PD VEH MAINT- PARTS RESTOCK458433
109.95PD VEH MAINT- PARTS RESTOCK458557
32.25PD VEH MAINT- PARTS RESTOCK476275
239.41PD VEH MAINT- PARTS RESTOCK514677
3.83PD VEH MAINT62-845114
64.75PW STREETS VEH MAINT62-861559
441.57PD VEH MAINT- PARTS RESTOCK792801
10.90PD VEH MAINT- PARTS RESTOCK848386
313.34PD VEH MAINT850526
51.72FLEET SHOP SUPPLIES862376
Total : 2,593.74
60999 1/26/2024 00373 PITNEY BOWES GLOBAL FIN. SERV. 3106501038 04962 DEC'23-MAR'24 POSTAGE MACHINE LEASE 585.46 Total : 585.46
61000 1/26/2024 02159 QUEST 552359 05016 FISCAL YEAR 2023/24 ENTERPRISE BUSINESS 854.00 4Page:
Item Title: 10.2
Warrant Register
Item Page Number: 18
Menifee Mayor and City Council
February 21, 2024
Page
26 of 1711
01/24/2024
Voucher List
City of Menifee
5 3:05:51PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 854.00 61000 1/26/2024 02159 02159 QUEST 61001 1/26/2024 02650 RAPID PRINT SOLUTIONS 23790 CIP OPERATING BUDGET BOOKS 1,540.49 Total : 1,540.49
61002 1/26/2024 01457 RICK ENGINEERING 99745 05062 DEC'23 CEQA ENVIRONMENTAL REVIEW HOME2SU 24,461.51 Total : 24,461.51
61003 1/26/2024 01491 RINCON CONSULTANTS, INC 53775 04851 DEC'23 PLN ON-CALL SVC LEGADO 951.75 Total : 951.75
61004 1/26/2024 02267 SOUTHSTAR ENGINEERING &, CONSULTING COMHP-025 03590 DEC'23 CIP13-03 CONSTR MNGMNT SVCS HOLLA 180,570.53 Total : 180,570.53
61005 1/26/2024 01674 SSD ALARM R-00479844 05261 NOV'23 BURLAR ALARM SVCS 2,230.94 05261 2,230.94DEC'23 BURGLAR ALARM SVCSR-00486149
05261 2,289.79JAN'23 BURGLAR ALARM SVCSR-00488425
05261 2,053.80FEB'23 BURGLAR ALARM SVCSR-00496494
Total : 8,805.47
61006 1/26/2024 01895 THE COUNSELING TEAM, INTERNATIONAL 89665 04848 JAN'23 PD BEHAVIORAL HEALTH SVCS 1,500.00 Total : 1,500.00
61007 1/26/2024 02733 TOWILL, INC. 12-5508 04999 OCT'23 CIP 24-20 TOPO SURVEY AND MAP SVC 13,207.00 Total : 13,207.00
61008 1/26/2024 02597 VISION SERVICE PLAN 819260154 DEC'23 VISION INSURANCE PREMIUMS 4,767.60
10.95DEC'23 VISION INSURANCE PREMIUMS819260176
Total : 4,778.55
61009 1/26/2024 01250 VULCAN MATERIALS COMPANY 73887937 P/W STREET MAINTENANCE 519.90 526.08P/W STREET MAINTENANCE73893976
525.05P/W STREET MAINTENANCE73893977
318.96P/W STREET MAINTENANCE73896649
Total : 1,889.99
61010 1/26/2024 00504 WALLACE & ASSOCIATES 21515 03873 DEC'23 CIP21-04 CONSTR MGMT/INSPCTN SVCS 35,056.00 5Page:
Item Title: 10.2
Warrant Register
Item Page Number: 19
Menifee Mayor and City Council
February 21, 2024
Page
27 of 1711
01/24/2024
Voucher List
City of Menifee
6 3:05:51PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 35,056.00 61010 1/26/2024 00504 00504 WALLACE & ASSOCIATES 61011 1/26/2024 01285 WEATHERTIGHT ROOFING INC 6297 05156 MINOR HOME REHABILITATION GRANT PROGRAM 14,845.00 Total : 14,845.00
61012 1/26/2024 00143 WRCRCA 565011224P MSHCP FEES- DEC 2023 204,748.00 Total : 204,748.00
61013 1/26/2024 01524 WRIGHT SEPTIC 41869 FIRESTATION #5 FACILITY MAINT 836.00 Total : 836.00
61014 1/26/2024 02617 YUNEX, LLC 5610000994 P/W STREET LIGHT MAINT NEWPORT & KILLING 4,837.56 4,837.56P/W STREET LIGHT MAINT LA PIEDRA/ANTELOP5610000995 Total : 9,675.12
61015 1/26/2024 01859 2 HOT ACTIVEWEAR & UNIFORMS 7124 PD UNIFORM 356.70 Total : 356.70
61016 1/26/2024 02144 ADAMS, JASON 24-322-A T&T ADV JASON A. SLI SESSION 3 138.00 138.00T&T ADV JASON A. SLI SESSION 424-323-A
Total : 276.00
61017 1/26/2024 00679 AUTOZONE INC. 6163022174 PD VEH MAINT 19.85 205.72PD VEHICLE MAINTENANCE6163025845
214.38PW VEHICLE MAINTENANCE6163030322
Total : 439.95
61018 1/26/2024 02366 AZTEC JANITORIAL SERVICES J1694 05011 CITY FACILITIES JANITORIAL SERVICES 2,220.10 Total : 2,220.10
61019 1/26/2024 00259 BIO-TOX LABORATORIES INC 45460 05129 DEC'23 BLOOD ALCOHOL ANALYSIS 433.00 Total : 433.00
61020 1/26/2024 02748 BUCHALTER, A PROFESSIONAL, CORPORATION1265600-001 DEC'23 CITY LEGAL SVCS FILE C4099-2 18,331.00 Total : 18,331.00
61021 1/26/2024 01098 CAL TRUE VALUE 5482/1 FACILITY MAINT SUPPLIES 22.49
13.49CS FACILITY MAINT SUPPLIES5489/1
6Page:
Item Title: 10.2
Warrant Register
Item Page Number: 20
Menifee Mayor and City Council
February 21, 2024
Page
28 of 1711
01/24/2024
Voucher List
City of Menifee
7 3:05:51PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 61021 1/26/2024 (Continued)01098 CAL TRUE VALUE
21.97FACILITY MAINT MATERIALS AND SUPPLIES5492/1
24.93CS FACILTIY MAINT SUPPLIES5493/1
24.62CSA 145 FACILITY MAINT5495/1
21.52CS PARKS SUPPLIES5500/1
4.87CS & P/W SUPPLIES5501/1
3.40CS PW SUPPLIES5503/1
3.40CS PW SUPPLIES5504/1
10.76CS FACILITIES MAINT UNDERWOOD PARK5505/1
27.36AMR SUPPLIES5508/1
61.12FACILITY MAINT SUPPLIES5510/1
Total : 239.93
61022 1/26/2024 02380 CALIFORNIA HIGHWAY PATROL 1556020 03929 SEPT'23 CONSTR ZONE ENHNCD ENFRCMNT PRGR 23,899.08 03929 33,900.17OCT'23 CONSTR ZONE ENHNCD ENFRCMNT PRGRM1556046 Total : 57,799.25
61023 1/26/2024 02294 CALIFORNIA TRAILERS LLC 567011924P 04728 PW GRAFFITI TRAILER PURCHASE 16,495.25 Total : 16,495.25
61024 1/26/2024 02816 CALSENSE INV2637 PARKS IRRIGATION SUPPLIES 795.00 795.00FACILITIES MAINTINV2638
Total : 1,590.00
61025 1/26/2024 01511 CANON FINANCIAL SERVICES, INC 31850837 04791 OCT'23 PERIOD OF PERFORMANCE COPIES 11.70 04791 19.44JAN'24 CONTRACT FEE COPIER & PRINTER SVC31913715 Total : 31.14
61026 1/26/2024 02195 CINTAS CORPORATION NO. 2 5193111002 CINTAS REPLENISHMENT MOC 62.10 419.97CINTAS REPLENISHMENT LAZY CREEK REC CENT5193111004 04934 136.04CINTAS AED DEVICES SVCS5193111024
70.79CINTAS CITY HALL REPLENISHMENT SUPPLIES5193111085
354.23CINTAS REPLENISHMENT SUPPLIES SENIOR CEN5193111098 Total : 1,043.13
61027 1/26/2024 01711 CORNEJO, MARGARITA 24-264A-A T&T ADV MARGARITA C. 2024 CSMFO CONFEREN 226.37 Total : 226.37
7Page:
Item Title: 10.2
Warrant Register
Item Page Number: 21
Menifee Mayor and City Council
February 21, 2024
Page
29 of 1711
01/24/2024
Voucher List
City of Menifee
8 3:05:51PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 61028 1/26/2024 00019 CSMFO 300014496 CSMFO MEMBERSHIP 135.00
55.00CSMFO MEMBERSHIP300014505
55.00CSMFO MEMBERSHIP300014522
Total : 245.00
61029 1/26/2024 02577 DIRECTV, LLC 4016741X240116 JAN'23 FIRESTATION #7 SATELLITE SVCS 130.24 Total : 130.24
61030 1/26/2024 00161 EASTERN MUNICIPAL WATER DIST. 500001174 1/19/24 JAN'23 CSA 145 WATER SVCS-PETE PETERSON 393.38 203.12JAN'23 LLMD ZONE 3 WATER SVCS500072538 1/19/24
147.65JAN'23 LLMD ZONE 3 WATER SVCS500072542 1/19/24
173.92JAN'23 LLMD ZONE 3 WATER SVCS500072544 1/19/24
247.21JAN'23 HAUN RD WATER SVC500075900 1/19/24
315.99JAN'23 AMR SPORTS PARK IRRIGATION500076871 1/19/24
83.00JAN'23 AMR ROW WATER SVCS500077538 1/19/24
61.28JAN'23 AMR ROW IRRIGATION SVCS500077650 1/19/24
136.96JAN'23 AMR ROW WATER SVCS500077903 1/19/24
183.91JAN'23 AMR ROW WATER SVCS500077904 1/19/24
61.12JAN'23 AMR ROW WATER SVCS500077905 1/19/24
123.26JAN'23 TOWN CENTER ROW WATER SVCS500079028 1/19/24 182.18JAN'23 AMR WATER SVCS500079481 1/19/24
742.74JAN'23 HIDDEN HILLS PARK WATER SVCS500082800 1/19/24
97.18JAN'23 MAYFIELD PARK IRRIGATION SVCS EVA500084765 1/19/24 131.12JAN'23 AMR CREEK VIEW IRRIGATION WATER S500084766 1/19/24 483.36JAN'23 AMR ROW WATER SVCS500086136 1/19/24
250.41JAN'23 AMR ROW WATER SVCS500086142 1/19/24
123.45JAN'23 AMR ROW WATER SVCS500086143 1/19/24
181.44JAN'23 TOWN CENTER ROW WATER SVCS500086213 1/19/24 117.42JAN'23 TOWN CENTER ROW WATER SVCS500086214 1/19/24 211.54JAN'23 CENTRAL PARK IRRIGATION SVCS500086861 1/19/24
63.16JAN'23 TOWN CENTER WATER SVCS500086865 1/19/24
54.56JAN'23 AMR ROW WATER SVCS500087090 1/19/24
144.99JAN'23 AMR ROW WATER SVCS500087091 1/19/24
134.94JAN'23 AMR ROW WATER SVCS500087092 1/19/24
308.00JAN'23 AMR ROW WATER SVCS500087515 1/19/24
120.06JAN'23 CENTENNIAL PARK IRRIGATION WATER500087645 1/19/24 178.43JAN'23 CENTENNIAL PARK IRRIGATION WATER500087646 1/19/24 8Page:
Item Title: 10.2
Warrant Register
Item Page Number: 22
Menifee Mayor and City Council
February 21, 2024
Page
30 of 1711
01/24/2024
Voucher List
City of Menifee
9 3:05:51PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 61030 1/26/2024 (Continued)00161 EASTERN MUNICIPAL WATER DIST.
82.58JAN'23 CENTENNIAL PARK IRRIGATION WATER500087647 1/19/24 203.32JAN'23 CFD 2015-2 ANNEXATION 28 ZONE 28500089384 1/19/24 127.64JAN'23 CFD2015-1 ANNEXATION 20 ZONE 21 W500242567 1/19/24 147.41JAN'23 SUNSET PARK WATER SVCS500304207 1/19/24
322.18JAN'23 AMR ROW WATER SVCS500525147 1/19/24
318.01JAN'23 REMINGTON WATER SVCS500529547 1/19/24
146.44JAN'23 CFD 2017-1 ZONE 1500599997 1/19/24
Total : 7,003.36
61031 1/26/2024 00161 EASTERN MUNICIPAL WATER DIST. 500076722 1/19/24 JAN'23 LA PIEDRA/SHERMAN IRRIGATION WATE 31.29
23.22JAN'23 TOWN CENTER ROW WATER SVCS500079025 1/19/24
39.97JAN'23 TOWN CENTER ROW WATER SVCS500079032 1/19/24
21.78JAN'23 TOWN CENTER ROW WATER SVCS500079033 1/19/24
22.47JAN'23 CFD2015-1 ANNEXATION 20 ZONE 21 W500304117 1/19/24 Total : 138.73
61032 1/26/2024 01503 ETIENNE, ANN-MARIE 572011724P PD PETTY CASH REIMB PE 1/17/24 383.48 Total : 383.48
61033 1/26/2024 01142 FRONTIER CALIFORNIA INC. 2131666081 1/16/24 JAN'23 WEST ANNEX FIOS SVC 290.98 140.98JAN'23 SENIOR CENTER FIOS SVCS3231591679 1/10/24
990.00JAN'23 PD HEADQUARTERS DEDICATED FIBER (9511970579 1/4/24 169.99JAN'23 IT SATELLITE OFFICE DIA INTERNET9517238930 1/14/24 Total : 1,591.95
61034 1/26/2024 01734 HOME DEPOT CREDIT SERVICES 2513772 PW MATERIALS/SUPPLIES 23.95
59.31PW MATERIALS/SUPPLIES5540008
75.38P/W SMALL TOOLS & FIELD EQUIP6525175
66.95P/W MATERIALS/SUPPLIES7011570
158.76P/W MATERIALS/SUPPLIES7020190
Total : 384.35
61035 1/26/2024 02585 IGOE ADMINISTRATIVE SERVICES 308605 SPENDING ACCT MNTHLY PARTICIPATION FEE 161.85 Total : 161.85
61036 1/26/2024 02566 IMPERIAL SPRINKLER SUPPLY 13590701-001 LA LADERA PARK SUPPLIES 603.14 9Page:
Item Title: 10.2
Warrant Register
Item Page Number: 23
Menifee Mayor and City Council
February 21, 2024
Page
31 of 1711
01/24/2024
Voucher List
City of Menifee
10 3:05:51PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 61036 1/26/2024 (Continued)02566 IMPERIAL SPRINKLER SUPPLY 610.08LLMD ZONE 3 IRRIGATION SUPPLIES13879924-001
345.18LA LADERA PARK SUPPLIES13970711-001
Total : 1,558.40
61037 1/26/2024 01077 INLAND LIGHTING SUPPLIES, INC 283163 CITY HALL MATERIALS/SUPPLIES 166.39 Total : 166.39
61038 1/26/2024 00501 KOSMONT COMPANIES 2309.8-003 05178 DEC'23 CONFERENCE CENTER EVALUATIONS 1,989.00 Total : 1,989.00
61039 1/26/2024 00128 LOWES 901896 -MIXDUG FIRESTATION #68 FACILITY MAINT 224.36
72.29FACILITY MAINT SUPPLIES979107 -MJASVI
42.72CITY HALL MATERIALS/SUPPLIES986497 -MIDLVS
106.51CITY HALL MATERIALS/SUPPLIES987075 -MIDLVT
126.12FIRESTATION #5 FACILITY MAINT988733 -MJNERT
361.45FACILITY MAINT SUPPLIES994644 -MIREXR
72.13FACILITIES MAINT994653 -MIREXS
Total : 1,005.58
61040 1/26/2024 01891 MATTHEW FAGAN CONSULTING, INC 11 04170 04170 DEC'23 PLN SVCS VILLAGIO APT PROJ 2,310.00 Total : 2,310.00
61041 1/26/2024 00666 MENIFEE VALLEY COMM. CUPBOARD 562011724P 04864 CDBG SUB AGRMNT MENIFEE VALLEY COMMUNITY 17,177.00 Total : 17,177.00
61042 1/26/2024 00474 MCCALL DENTAL PRACTICE 570011824R REFUND FIRE AND TECHNOLOGY FEE 232.05 Total : 232.05
61043 1/26/2024 00474 ON A HUNT KENNELS 571011824R REFUND FIRE INSPECTION FEE 224.00 Total : 224.00
61044 1/26/2024 00474 STEPHANIE GIPSON 575011124D DEPOSIT REFUND OF LAZY CREEK MULTIPURPOS 200.00 Total : 200.00
61045 1/26/2024 00474 CAMERON GOUDEAU 576011824D DEPOSIT REFUND OF KCSC PALM ROOM 200.00 Total : 200.00
10Page:
Item Title: 10.2
Warrant Register
Item Page Number: 24
Menifee Mayor and City Council
February 21, 2024
Page
32 of 1711
01/24/2024
Voucher List
City of Menifee
11 3:05:51PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 61046 1/26/2024 00474 CAROLINE ONA 577011824D DEPOSIT REFUND OF KCSC PALM ROOM 200.00 Total : 200.00
61047 1/26/2024 00474 SHIRLEY PATRICK 578011224D DEPOSIT REFUND OF KCSC PALM ROOM 200.00 Total : 200.00
61048 1/26/2024 00474 ALEJANDRA RAMIREZ 580011824D DEPOSIT REFUND OF LAZY CREEK MULTIPURPOS 200.00 Total : 200.00
61049 1/26/2024 00474 DEBORAH STEMWEDEL 583011024D DEPOSIT REFUND OF LAZY CREEK MULTIPURPOS 200.00 Total : 200.00
61050 1/26/2024 00474 JUDITH GARDUNO 574011824D DEPOSIT REFUND OF KCSC PALM ROOM 188.00 Total : 188.00
61051 1/26/2024 00474 MONICA PERALTA 579011024R REFUND FOR CANCELLED CLASS 120.00 Total : 120.00
61052 1/26/2024 00474 MIA BRYANT 573011124D DEPOSIT REFUND OF KCSC NORTH ANNEX ROOM 100.00 Total : 100.00
61053 1/26/2024 00474 ASHLY SMITH 582011824D DEPOSIT REFUND OF KCSC NORTH ANNEX ROOM 100.00 Total : 100.00
61054 1/26/2024 00474 JICELA REYES 581011224D DEPOSIT REFUND OF KCSC MAGNOLIA ROOM 88.00 Total : 88.00
61055 1/26/2024 00474 JERSEY MIKES SUBS 566011824R REFUND BUSINESS LICENSE FEE 61.00 Total : 61.00
61056 1/26/2024 00474 ANTHONY J REILLY SALES & SERVI 569011824R REFUND BUSINESS LICENSE FEE 17.50 Total : 17.50
61057 1/26/2024 00296 MT. SAN JACINTO COLLEGE, FOUNDATION 2024/652 05135 FACILITY RENTAL FOR SPECIAL EVENTS 2,400.00 Total : 2,400.00
61058 1/26/2024 01130 O'REILLY AUTO PARTS 4746-496233 FLEET SHOP SUPPLIES 76.10
34.78FLEET SHOP SUPPLIES4746-496308
11Page:
Item Title: 10.2
Warrant Register
Item Page Number: 25
Menifee Mayor and City Council
February 21, 2024
Page
33 of 1711
01/24/2024
Voucher List
City of Menifee
12 3:05:51PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 61058 1/26/2024 (Continued)01130 O'REILLY AUTO PARTS
186.96PD VEH MAINT4746-497771
41.12PD VEH MAINT4746-498004
60.10PD VEH MAINT- RESTOCK4746-498042
36.54PD VEH MAINT- PARTS RESTOCK4746-498615
291.41PW STREETS VEH MAINT4746-499410
Total : 727.01
61059 1/26/2024 02711 PACIFIC PREMIER BANK 557011924P RETENTION RELEASE INTO ESCROW- RIVERSIDE 22,451.13 Total : 22,451.13
61060 1/26/2024 01096 PAPER RECYCLING & SHREDDING, SPECIALISTS INC.563705 CITY HALL DOC SHREDDING SVCS DEC'23 115.00 115.00PD DOC SHREDDING SVCS563706
Total : 230.00
61061 1/26/2024 02160 PB LOADER CORPORATION IN0021269 PW STREETS VEH MAINT 341.60 Total : 341.60
61062 1/26/2024 01886 PECHANGA BAND OF LUISENO, MISSION INDIANS20956 04466 DEC'23 CIP13-03 TRIBAL MONITORING EXCAVA 699.56 Total : 699.56
61063 1/26/2024 01065 PRUDENTIAL OVERALL SUPPLY 23600525 PW UNIFORM CLEANING SVCS 327.35 Total : 327.35
61064 1/26/2024 00261 RIVERSIDE COUNTY FLOOD CONTROL, & WATER CONSERV DIST568011924P APP FEE ENCROACHMENT PERMI PALOMA WASH P 3,000.00 Total : 3,000.00
61065 1/26/2024 00359 RIVERSIDE COUNTY, RECORDER 23-322231 ENG PROJ RCRD 94.00 Total : 94.00
61066 1/26/2024 02454 SAFE AND SECURE LOCKSMITH, SERVICES 54790 PW FACILITIES MATERIALS 97.44 Total : 97.44
61067 1/26/2024 00046 SOUTHERN CALIFORNIA EDISON 700225822815 1/9/24 DEC'23 LLMD ZONE 167 SAFETY LIGHTS SVCS 42.96 3,259.76DEC'23 PD HQ ELECTRICAL SVCS700271101708 1/10/24 125.82JAN'23 DERBY HILL TC-1 SIGNAL SVCS700275721130 1/19/24
84.66JAN'23 DERBY HILL TC-1 SIGNAL SVC700275763768 1/19/24 106.27JAN'23 AMR STREET TRAFFIC SIGNAL SVCS700290354992 1/19/24 12Page:
Item Title: 10.2
Warrant Register
Item Page Number: 26
Menifee Mayor and City Council
February 21, 2024
Page
34 of 1711
01/24/2024
Voucher List
City of Menifee
13 3:05:51PM
Page:vchlist
Bank code : uboc
Voucher Date Vendor Invoice PO # Description/Account Amount 61067 1/26/2024 (Continued)00046 SOUTHERN CALIFORNIA EDISON
47.04JAN'23 AMR STREET TRAFFIC SIGNAL SVCS700290425017 1/19/24 4,905.96DEC'23 AMR SPORTS PARK ELECTRIC SVCS700600041741 1/19/24 136.10DEC'23 ANTELOPE RD TC-1 SGNL SVC700611879276 1/10/24 286.90DEC'23 CFD 2015-2, ANNEX 11, ZONE 12 STR700709848872 1/10/24
80.65DEC'23 CFD 2015-2 ANNEX #7, ZONE 8 IRRIG700753351251 1/19/24 154.37DEC'23 CIP-CITY PROJECT INSTALL TRAFFIC700765714408 1/10/24 226.13DEC'23 TRAFFIC SIGNAL#7220 EVANS/LA PIED700849733683 1/8/24 Total : 9,456.62
61068 1/26/2024 02220 SPRINGER, ERIC 24-254-A T&T ADV ERIC SP. TASER MASTER INSTRUCTOR 345.00 Total : 345.00
61069 1/26/2024 00283 STATE OF CALIFORNIA, DEPARTMENT OF JUSTICE708852 DEC'23 FINGER PRINT SVCS 224.00 Total : 224.00
61070 1/26/2024 01053 SUN CITY HARDWARE 6726777 1/2/2024 CS/PW SUPPLIES 557.48 Total : 557.48
61071 1/26/2024 01315 ULINE, INC 172947039 PW MATERIALS/SUPPLIES 1,517.07 Total : 1,517.07
61072 1/26/2024 02051 WORLDPAC INC 8313697 PD VEH MAINT- RETURED CORE -208.80
96.99CS VEH MAINT87342305
235.49PD VEH MAINT- PARTS STOCK REPLEN87698376
308.26PD VEH MAINT- PARTS STOCK REPLEN87749327
68.13PD VEH MAINT- PARTS STOCK REPLEN87753375
102.54PD VEH MAINT87914480
Total : 602.61
Bank total : 975,670.63 107 Vouchers for bank code : uboc 975,670.63Total vouchers :Vouchers in this report 107
13Page:
Item Title: 10.2
Warrant Register
Item Page Number: 27
Menifee Mayor and City Council
February 21, 2024
Page
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Date Paid by: Payee Description Amount
1/19/2024 ACH/Checks City Payroll Payroll Period 12/30/2023 - 01/12/2024 1,083,353.10$ 1/19/2024 ACH Mission Square Payroll Period 12/30/2023 - 01/12/2024 89,328.89$ TOTAL PAYROLL: 1,172,681.99$
Date Paid by: Payee Description Amount
1/19/2024 WIRE PLHA Loan Recipient #2 Permanent Local Housing Allocation Program Loan 100,000.00$ 1/23/2024 ACH CALPERS - RBP Jan-24 182.76$
TOTAL OTHER EFTs: 100,182.76$
TOTAL PAYMENTS: 1,272,864.75$
Payroll Register, Taxes and Other EFTs/Wires
City of Menifee
February 21, 2024
Item Title: 10.2
Warrant Register
Item Page Number: 28
Menifee Mayor and City Council
February 21, 2024
Page
36 of 1711
CITY OF MENIFEE
SUBJECT: Treasurer's Report - December 2023
MEETING DATE: February 21, 2024
TO: Mayor and City Council
PREPARED BY: Ann-Marie Etienne, Finance Manager
REVIEWED BY: Travis Hickey, Chief Financial Officer
APPROVED BY: Armando Villa, City Manager
-------------------------------------------------------------------------------------------------------------------------------
RECOMMENDED ACTION
1. Receive and file the Treasurer’s Report as of December 31, 2023.
DISCUSSION
Attached is the signed Treasurer’s Report for Cash and Investments as of December 31, 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 December Treasurer’s Report includes quarterly investment detail for the City’s various investments for the period of October 2023 through December 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 December 31, 2023
2. U.S. Bank Chandler Investment Statements October 2023 through December 2023
3. U.S. Bank Piper Sandler Investment Statements October 2023 through December 2023
4. LAIF Investment Statements October 2023 to December 2023 Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 1
Menifee Mayor and City Council
February 21, 2024
Page
37 of 1711
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 2
Menifee Mayor and City Council
February 21, 2024
Page
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19381
00- -M -UC-UU -305-04
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 October 1, 2023 to October 31, 2023 000015731 05 SP
CITY OF MENIFEE
000638586834300 S
FINANCE DEPARTMENT
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 3
Menifee Mayor and City Council
February 21, 2024
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Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 4
Menifee Mayor and City Council
February 21, 2024
Page
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19381
00- -M -UC-UU -305-04
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 38
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 5
Menifee Mayor and City Council
February 21, 2024
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THIS PAGE WAS INTENTIONALLY LEFT BLANK
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 6
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February 21, 2024
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19381
00- -M -UC-UU -305-04
0220052-00-04007-04
CITY OF MENIFEE Page 1 of 39
ACCOUNT NUMBER: October 1, 2023 to October 31, 2023
MARKET VALUE SUMMARY
Current Period
10/01/23 to 10/31/23
Beginning Market Value $10,619,074.78
Taxable Interest 30,189.05
-2,104.29
233.95
Long Term Gains/Losses
Short Term Gains/Losses
Change in Investment Value -22,611.48
Ending Market Value $10,624,782.01
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 7
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: October 1, 2023 to October 31, 2023
ASSET SUMMARY
Current Period
Market Value
% of
Total
Estimated
Annual IncomeAssets
Cash & Equivalents
Taxable Bonds
15,925.87 0.10 831.37
10,608,856.14 99.90 339,539.00
Total Market Value $10,624,782.01 100.00 $340,370.37
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 8
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: October 1, 2023 to October 31, 2023
INCOME SUMMARY
Income Received
Current Period
Taxable Interest 30,189.05
Total Current Period Income $30,189.05
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 9
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: October 1, 2023 to October 31, 2023
CASH SUMMARY
Cash
$0.00Beginning Cash 10/01/2023
Taxable Interest
Purchases
30,189.05
-116,263.48
94,548.52
-8,474.09
Sales
Net Money Market Activity
Ending Cash 10/31/2023 $0.00
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 10
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: October 1, 2023 to October 31, 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
15,925.870 1.0000 15,925.87 15,925.87 0.00 0.1 831.37 5.22 Total Cash/Money Market $15,925.87 $15,925.87 $0.00 0.1 $831.37 Total Cash & Equivalents $15,925.87 $15,925.87 $0.00 0.1 $831.37 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
34,783.020 97.5860
95.3100
92.2800
91.4740
33,943.36
76,248.00
73,824.00
68,605.50
37,416.20
79,938.40
79,736.00
74,777.85
-3,472.84
-3,690.40
-5,912.00
-6,172.35
0.3 0.7
0.7 0.6
1,102.97
1,200.00
300.00
3.25 1.57
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 - 3137H4BY5
C M O Ser K 746 Cl A 2
1.985 09/25/2028
135,000.000 85.1940 115,011.90 116,263.48 -1,251.58 1.1 2,741.85 2.38 Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 11
Menifee Mayor and City Council
February 21, 2024
Page
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CITY OF MENIFEE Page 6 of 39
ACCOUNT NUMBER: October 1, 2023 to October 31, 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 - 3137BEVH4
C M O Ser K040 Cl A2
3.241 09/25/2024
15,000.000 97.8960
96.8230
96.6690
96.5850
96.3550
95.2250
94.5960
93.3980
14,684.40
14,523.45
33,834.15
57,951.00
24,088.75
119,031.25
66,217.20
112,077.60
15,792.19
15,140.63
35,973.44
63,807.81
26,792.97
121,166.99
67,000.39
116,042.97
-1,107.79
-617.18
0.1 0.1
0.3 0.5
0.2 1.1
0.6 1.1
486.15
400.50
3.31 2.76
3.44 3.40
3.46 3.14
2.90 2.70
F H L M C Multiclass Mtg Partn - 3137BFXT3
C M O Ser K042 Cl A2
2.670 12/25/2024
15,000.000
F H L M C Multiclass Mtg Partn - 3137BKRJ1
C M O Ser K047 Cl A2
3.329 05/25/2025
35,000.000 -2,139.29
-5,856.81
-2,704.22
-2,135.74
-783.19
1,165.15
1,970.40
833.50
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
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 -3,965.37
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 12
Menifee Mayor and City Council
February 21, 2024
Page
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CITY OF MENIFEE Page 7 of 39
ACCOUNT NUMBER: October 1, 2023 to October 31, 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 - 3137BSP72
C M O Ser K058 Cl A2
2.653 08/25/2026
125,000.000 92.9300
94.3490
94.3720
92.5860
97.8500
116,162.50
66,044.30
66,060.40
27,775.80
16,659.20
118,955.08
67,716.80
67,711.33
28,566.80
17,323.20
-2,792.58
-1,672.50
-1,650.93
-791.00
1.1 0.6
0.6 0.3
0.2 3,316.25
2,389.10
2,401.00
990.90
2.85 3.62
3.63 3.57
3.13 F H L M C Multiclass Mtg Partn - 3137BUX60
C M O Ser K062 Cl A2
3.413 12/25/2026
70,000.000
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
17,025.240 -664.00 521.65
F H L M C Multiclass Mtg Partn - 3137FQXJ7
C M O Ser K737 Cl A2
2.525 10/25/2026
125,000.000 92.2450
91.7470
92.7490
91.2200
115,306.25
68,810.25
64,924.30
59,293.00
117,695.31
74,807.25
69,954.40
64,767.30
-2,389.06
-5,997.00
-5,030.10
-5,474.30
1.1 0.6
0.6 0.6
3,156.25
281.25
350.00
325.00
2.74 0.41
0.54 0.55
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
F N M A - 3135G06G3
0.500 11/07/2025
65,000.000
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 13
Menifee Mayor and City Council
February 21, 2024
Page
49 of 1711
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CITY OF MENIFEE Page 8 of 39
ACCOUNT NUMBER: October 1, 2023 to October 31, 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 - 3135G0X24
1.625 01/07/2025
65,000.000
70,000.000
65,000.000
95.7430
96.4330
93.5090
95.6150
97.3330
95.2850
96.5370
98.9580
98.2140
98.9460
62,232.95
67,503.10
60,780.85
210,353.00
204,399.30
142,927.50
72,402.75
133,593.30
93,303.30
207,786.60
66,319.45
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
-4,086.50
-2,377.20
-4,085.25
1,122.00
-4,802.70
-7,825.50
-1,697.25
-841.05
0.6 0.6
0.6 2.0
1.9 1.3
0.7 1.3
0.9 2.0
1,056.25
1,137.50
406.25
1.70 1.68
0.67 1.83
3.98 4.07
4.40 4.42
4.58 4.67
F N M A - 3135G0W66
1.625 10/15/2024
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
Federal Farm Credit Bks - 3133EN7J3
3.875 02/02/2026
210,000.000
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
Federal Farm Credit Bks - 3133EPWK7
4.500 09/22/2028
95,000.000 -611.80
Federal Farm Credit Bks - 3133EN3M0
4.625 12/05/2024
210,000.000 -2,889.60
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 14
Menifee Mayor and City Council
February 21, 2024
Page
50 of 1711
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CITY OF MENIFEE Page 9 of 39
ACCOUNT NUMBER: October 1, 2023 to October 31, 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 - 3130A4CH3
2.375 03/14/2025
35,000.000 96.1800
98.3910
97.8180
97.1360
97.5960
98.4510
99.1470
93.9060
91.2890
90.9340
33,663.00
78,712.80
205,417.80
194,272.00
219,591.00
187,056.90
208,208.70
75,124.80
63,902.30
68,200.50
37,003.05
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
-3,340.05
-4,748.00
-4,542.30
-10,002.00
-4,269.00
-9,108.60
-2,599.80
-3,958.41
-4,574.65
-5,785.83
0.3 0.7
1.9 1.8
2.1 1.8
2.0 0.7
0.6 0.6
831.25
2,300.00
6,037.50
8,500.00
9,843.75
8,550.00
9,712.50
2,500.00
175.00
2.47 2.92
2.94 4.38
4.48 4.57
4.66 3.33
0.27 0.27
Federal Home Loan Bks - 3130A1XJ2
2.875 06/14/2024
80,000.000
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
U S Treasury Note - 91282CAM3
0.250 09/30/2025
U S Treasury Note - 91282CAT8
0.250 10/31/2025
187.50
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 15
Menifee Mayor and City Council
February 21, 2024
Page
51 of 1711
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CITY OF MENIFEE Page 10 of 39
ACCOUNT NUMBER: October 1, 2023 to October 31, 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 - 91282CAZ4
0.375 11/30/2025
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
75,000.000
90.8560
89.2810
90.9490
95.3630
91.8870
92.0820
96.9100
97.5940
94.5780
96.3670
63,599.20
107,137.20
181,898.00
57,217.80
202,151.40
184,164.00
62,991.50
73,195.50
70,933.50
72,275.25
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
72,902.34
-5,145.72
-11,669.05
-2,867.63
-1,174.38
-4,708.76
-4,546.94
-3,478.62
-5,129.70
-1,189.55
-627.09
0.6 1.0
1.7 0.5
1.9 1.7
0.6 0.7
0.7 0.7
262.50
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
0.41 0.98
1.79 1.83
2.18 2.44
2.32 2.43
2.64 2.85
U S Treasury Note - 91282CCZ2
0.875 09/30/2026
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 - 91282CEQ0
2.750 05/15/2025
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 16
Menifee Mayor and City Council
February 21, 2024
Page
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CITY OF MENIFEE Page 11 of 39
ACCOUNT NUMBER: October 1, 2023 to October 31, 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
92.7380
96.4920
94.5900
94.6250
95.0980
97.8980
97.0120
97.3320
97.2890
13,910.70
212,282.40
203,368.50
203,443.75
204,460.70
215,375.60
184,322.80
194,664.00
194,578.00
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
-835.00
-2,062.91
-9,848.10
-7,054.69
-7,490.67
-4,667.37
-2,886.58
-7,695.38
-7,804.81
0.1 2.0
1.9 1.9
1.9 2.0
1.7 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
2.96 3.11
3.44 3.70
3.81 4.09
4.25 4.24
4.24 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 - December 2023
Item Page Number: 17
Menifee Mayor and City Council
February 21, 2024
Page
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CITY OF MENIFEE Page 12 of 39
ACCOUNT NUMBER: October 1, 2023 to October 31, 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 98.0940 196,188.00 199,304.69 -3,116.69 1.8 8,750.00 4.46 Total US Government Issues $6,898,666.81 $7,139,960.17 -$241,293.36 64.9 $217,927.17 Corporate Issues
Ace Ina Holding - 00440EAS6
3.150 03/15/2025
50,000.000 96.5000
89.9430
48,250.00
53,965.80
51,448.00
59,740.80
-3,198.00
-5,775.00
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 96.1160
91.6830
95.7070
124,950.80
22,920.75
95,707.00
131,033.50
25,621.00
96,949.00
-6,082.70
-2,700.25
-1,242.00
1.2 0.2
0.9 6,110.00
512.50
4.89 2.24
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
91.9020
97.3470
36,760.80
29,204.10
40,105.60
30,000.00
-3,344.80
-795.90
0.3 0.3
527.60 1.43
5.22 Bank America Corp - 06051GLE7
Medium Term Note
5.080 01/20/2027
1,524.00
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 18
Menifee Mayor and City Council
February 21, 2024
Page
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CITY OF MENIFEE Page 13 of 39
ACCOUNT NUMBER: October 1, 2023 to October 31, 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 93.4030 23,350.75 24,223.45 -872.70 0.2 889.75 3.81 Bank Of America Corp - 06051GGF0
Medium Term Note
3.824 01/20/2028
75,000.000 92.2870
91.1880
69,215.25
41,034.60
71,563.50
44,991.45
-2,348.25
-3,956.85
0.7 0.4
2,868.00
1,035.00
4.14 2.52
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 97.6250 14,643.75 14,999.22 -355.47 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 99.0710
99.6480
108,978.10
1,078.87
110,198.98
1,082.57
-1,220.88
-3.70
1.0 0.0
5,676.00
3.57 5.21
0.33 Bmw Vehicle Lease Trust - 09690AAC7
0.330 12/26/2024
1,082.680
Bmw Vehicle Lease Trust 2022 1 - 05601XAC3
A B S Ser 2022 1 Cl A3
03/25/2025 Var
4,510.280
45,000.000
80,000.000
99.0450
96.5520
98.6450
4,467.21
43,448.40
78,916.00
4,509.61
45,481.50
79,988.80
-42.40
-2,033.10
-1,072.80
0.0 0.4
0.7 49.61
967.50
1.11 2.23
4.87 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 - December 2023
Item Page Number: 19
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: October 1, 2023 to October 31, 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
88.1650
88.3780
92.6500
22,041.25
75,121.30
18,530.00
24,991.70
80,783.15
19,535.80
-2,950.45
-5,661.85
-1,005.80
0.2 0.7
0.2 612.50
2,720.00
600.00
2.78 3.62
3.24 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 97.6880
93.0160
68,381.60
32,555.60
69,267.10
36,755.95
-885.50 0.6
0.3 2,835.00
1,032.50
4.15 3.17
Duke Energy Carolinas - 26442CAS3
2.950 12/01/2026
35,000.000 -4,200.35
Gm Fin Auto Lsng Tr - 36262XAC8
A B S Ser 2021 3 Cl A 3
10/21/2024 Var
5,607.400 99.5200
98.8910
96.2650
96.1280
5,580.48
17,966.74
9,016.46
7,813.24
5,607.32
18,168.08
9,365.48
8,127.74
-26.84
-201.34
-349.02
-314.50
0.1 0.2
0.1 0.1
21.87 345.20
118.02
55.27 0.39
1.92 1.31
0.71 Gm Fin Auto Lsng Tr - 36265MAC9
A B S Ser 2022 1 Cl A 3
1.900 03/20/2025
18,168.230
Gm Fin Cons Auto Rec - 380146AC4
A B S Ser 2022 1 Cl A3
1.260 11/16/2026
9,366.290
Gm Fin Cons Auto Rec Tr - 362554AC1
A B S Ser 2021 4 Cl A 3
0.680 09/16/2026
8,127.950
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 20
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: October 1, 2023 to October 31, 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 96.5020
96.5910
98.3900
91,676.90
7,748.98
4,713.31
91,381.76
8,020.77
4,790.35
295.14
-271.79
-77.04
0.9 0.1
0.0 1,786.00
70.60 1.95
0.91 0.27
Honda Auto Rec Ownr Tr 2021 4 - 43815GAC3
A B S Ser 2021 4 Cl A3
01/21/2026 Var
8,022.470
Honda Auto Receivables - 43813GAC5
A B S Ser 2021 1 Cl A3
0.270 04/21/2025
4,790.440 12.93
Honda Auto Receivables Owner - 43813KAC6
A B S Ser 2020 3 Cl A3
0.370 10/18/2024
1,692.710 99.3670
92.4840
1,682.00 1,692.47 -10.47 0.0
1.2 6.26 0.37
2.70 Honeywell International - 438516BL9
2.500 11/01/2026
140,000.000 129,477.60 131,150.60 -1,673.00 3,500.00
Hyundai Auto Rec Tr - 44935FAD6
A B S Ser 2021 C Cl A3
0.740 05/15/2026
15,980.680 96.7060
96.6010
98.9080
15,454.28
24,150.25
49,454.00
15,751.68
24,999.04
49,964.50
-297.40
-848.79
-510.50
0.1 0.2
0.5 118.26
555.00
225.00
0.76 2.30
0.45 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 - December 2023
Item Page Number: 21
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: October 1, 2023 to October 31, 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
10,490.190
25,000.000
57.000
96.5390
98.8820
99.7910
97.0370
98.4640
10,127.12
24,720.50
56.88 10,489.25
24,998.06
56.99 -362.13
-277.56
-0.11
0.1 0.2
0.0 0.1
0.2 54.55
1,272.50
0.29 0.54
5.15 0.51
2.39 5.09
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
9,838.100 9,546.60
19,692.80
9,835.93
19,996.36
-289.33
-303.56
228.24
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
97.1350
92.7800
96.6260
96.3340
14,570.25
64,946.00
38,650.40
19,266.80
14,998.57
67,053.70
40,048.60
20,015.45
-428.32
-2,107.70
-1,398.20
-748.65
0.1 0.6
0.4 0.2
561.00
2,647.40
329.60
3.85 4.08
0.85 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 - December 2023
Item Page Number: 22
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: October 1, 2023 to October 31, 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 Jpmorgan Chase Co - 46647PBK1
2.083 04/22/2026
12,000.000
35,000.000
93.9830
95.5730
11,277.96
33,450.55
12,447.96
36,067.15
-1,170.00
-2,616.60
0.1 0.3
249.96
700.00
2.22 2.09
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
98.0070
95.1880
95.9580
34,302.45
123,744.40
119,947.50
34,995.80
130,394.70
120,882.50
-693.35
-6,650.30
-935.00
0.3 1.2
1.1 1,578.50
5,265.00
3,906.25
4.60 4.25
3.26 Merck Co Inc - 58933YBH7
4.050 05/17/2028
Microsoft Corp - 594918BJ2
3.125 11/03/2025
Morgan Stanley - 61747YEZ4
Medium Term Note
5.050 01/28/2027
100,000.000
35,000.000
97.6620
94.0590
96.4150
97.4640
97,662.00
32,920.65
9,641.50
100,170.55
33,013.20
9,997.30
-2,508.55
-92.55
0.9 0.3
0.1 0.6
5,050.00
765.80
5.17 2.33
3.58 4.57
Morgan Stanley Fr - 6174468Q5
Medium Term Note
2.188 04/28/2026
National Rural Utils Coop Fin - 63743HFE7
Medium Term Note
3.450 06/15/2025
10,000.000 -355.80
-1,725.50
345.00
National Rural Utils Corp Fin - 63743HFH0
Medium Term Note
4.450 03/13/2026
70,000.000 68,224.80 69,950.30 3,115.00
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 23
Menifee Mayor and City Council
February 21, 2024
Page
59 of 1711
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CITY OF MENIFEE Page 18 of 39
ACCOUNT NUMBER: October 1, 2023 to October 31, 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 93.9940 14,099.10 14,975.70 -876.60 0.1
0.3 600.00
997.50
4.26 2.96
Paccar Financial Corp - 69371RR73
Medium Term Note
2.850 04/07/2025
35,000.000 96.2820 33,698.70 34,990.90 -1,292.20
Paccar Financial Corp - 69371RS31
Medium Term Note
4.600 01/10/2028
100,000.000 96.7780
96.1640
96.2420
96.9930
92.8540
96.5110
97.9940
90.0280
96,778.00
125,013.20
129,926.70
19,398.60
92,854.00
38,604.40
19,598.80
18,005.60
99,515.00
124,989.80
134,947.35
19,714.00
97,097.00
39,628.55
19,990.00
19,966.00
-2,737.00
23.40 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
4.75 2.86
4.94 3.99
4.25 0.65
0.76 2.17
Pepsico Inc - 713448CT3
2.750 04/30/2025
130,000.000
Pnc Financial Services - 693475BL8
4.758 01/26/2027
135,000.000 -5,020.65
-315.40
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
-4,243.00
-1,024.15
-391.20
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
-1,960.40 390.00
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 24
Menifee Mayor and City Council
February 21, 2024
Page
60 of 1711
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CITY OF MENIFEE Page 19 of 39
ACCOUNT NUMBER: October 1, 2023 to October 31, 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 93.7530
96.3540
97.0530
99.6570
98.4630
89.4310
95.1910
96.8030
37,501.20
58,636.83
24,263.25
770.10
39,866.00
57,311.27
24,583.98
772.60
-2,364.80
1,325.56
-320.73
0.4 0.6
0.2 0.0
0.1 0.3
0.3 0.7
1,643.20
432.08
940.00
2.70 4.38
0.74 3.87
0.35 0.26
1.26 1.52
4.78 Toyota Auto Rec Own Tr - 89238JAC9
A B S Ser 2021 D Cl A 3
04/15/2026 Var
60,855.630
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
772.750
8,486.760
40,000.000
30,000.000
80,000.000
-2.50
Toyota Auto Recv Tr - 89240BAC2
A B S Ser 2021 A Cl A3
05/15/2025 Var
8,356.32
35,772.40
28,557.30
77,442.40
8,485.17
39,982.40
29,959.80
79,947.20
-128.85 22.07
Toyota Mtr Cr Corp - 89236TJK2
Medium Term Note
1.125 06/18/2026
-4,210.00
-1,402.50
-2,504.80
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 - December 2023
Item Page Number: 25
Menifee Mayor and City Council
February 21, 2024
Page
61 of 1711
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ACCOUNT NUMBER: October 1, 2023 to October 31, 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 91.2900
90.2830
27,387.00
36,113.20
29,341.20
39,563.60
-1,954.20
-3,450.40
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 99.4910 14,923.65
96,995.00
14,999.34
93,609.37
-75.69 0.1
0.9 558.00
500.00
3.74 Verizon Master Trust - 92348KAA1
A B S Ser 2021 1 Cl A
0.500 05/20/2027
100,000.000 96.9950
89.1320
3,385.63 0.51
1.18 Walmart Inc - 931142ER0
1.050 09/17/2026
10,000.000 8,913.20 9,981.10 -1,067.90 0.1 105.00
Total Corporate Issues
Foreign Issues
$3,154,614.28 $3,261,920.17 -$107,305.89 29.7 $103,108.18 Bank Montreal Que - 06368D3S1
Medium Term Note
3.700 06/07/2025
75,000.000
40,000.000
96.3900
87.6480
72,292.50
35,059.20
73,120.50
39,951.60
-828.00 0.7
0.3 2,775.00
500.00
3.84 1.43
Bank Of Montreal - 06368FAC3
Medium Term Note
1.250 09/15/2026
-4,892.40
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 26
Menifee Mayor and City Council
February 21, 2024
Page
62 of 1711
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 27
Menifee Mayor and City Council
February 21, 2024
Page
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CITY OF MENIFEE Page 22 of 39
ACCOUNT NUMBER: October 1, 2023 to October 31, 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 98.4950 78,796.00 79,890.40 -1,094.40 0.7 4,082.40 5.18 Total Foreign Issues $555,575.05 $582,726.25 -$27,151.20 5.2 $18,503.65 Total Taxable Bonds $10,608,856.14
$10,624,782.01
$10,984,606.59
$11,000,532.46
-$375,750.45
-$375,750.45
99.9 $339,539.00
$340,370.37Total Assets 100.0
Estimated Current Yield 3.20
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 - December 2023
Item Page Number: 28
Menifee Mayor and City Council
February 21, 2024
Page
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CITY OF MENIFEE Page 23 of 39
ACCOUNT NUMBER: October 1, 2023 to October 31, 2023
TRANSACTION DETAIL
Date
Posted Activity Description Cash Tax Cost
Beginning Balance 10/01/2023 $0.00 $10,972,213.75
10/02/23
10/02/23
10/02/23
10/02/23
10/10/23
10/16/23
10/16/23
10/16/23
10/16/23
10/16/23
10/16/23
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
U S Treasury Nt 0.250% 9/30/25
0.00125 USD/$1 Pv On 70,000 Par Value Due 9/30/23
87.50 Interest Earned On
U S Treasury Nt 0.875% 9/30/26
0.004375 USD/$1 Pv On 120,000 Par Value Due 9/30/23
525.00
4,125.00
131.48
498.75
4.89 Interest Earned On
U S Treasury Nt 4.125% 9/30/27
0.020625 USD/$1 Pv On 200,000 Par Value Due 9/30/23
Interest Earned On
Federated Hermes Govt Obligs Is
Interest From 9/1/23 To 9/30/23
Interest Earned On
Paccar Financial Mtn 2.850% 4/07/25
0.01425 USD/$1 Pv On 35,000 Par Value Due 10/7/23
Interest Earned On
Gm Fin Cons Auto 0.680% 9/16/26
$0.00057/Pv On 8,622.55 Pv Due 10/16/23
Paid Down 494.6 Par Value Of
Gm Fin Cons Auto 0.680% 9/16/26
Trade Date 10/16/23
494.60
10.40 -494.59
-542.28
Asset Income
Sale
Interest Earned On
Gm Fin Cons Auto 1.260% 11/16/26
$0.00105/Pv On 9,908.62 Pv Due 10/16/23
Paid Down 542.33 Par Value Of
Gm Fin Cons Auto 1.260% 11/16/26
Trade Date 10/16/23
542.33
148.83
46.25 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 10/15/23
Interest Earned On
Hyundai Auto Rec 2.220% 10/15/26
$0.00185/Pv On 25,000.00 Pv Due 10/15/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 29
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: October 1, 2023 to October 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
10/16/23
10/16/23
10/16/23
10/16/23
10/16/23
10/16/23
10/16/23
10/16/23
10/16/23
10/16/23
10/16/23
Asset Income Interest Earned On
Hyundai Auto Rec Tr 0.740% 5/15/26
$0.00062/Pv On
10.56 17,137.36 Pv Due 10/15/23
Sale Paid Down 1,156.68 Par Value Of
Hyundai Auto Rec Tr 0.740% 5/15/26
Trade Date 10/15/23
1,156.68
19.33 161.90
0.10 -1,140.10
Asset Income
Sale
Interest Earned On
John Deere Owner 2.320% 9/15/26
$0.00193/Pv On 10,000.00 Pv Due 10/15/23
Paid Down 161.9 Par Value Of
John Deere Owner 2.320% 9/15/26
Trade Date 10/15/23
-161.86
-177.70
-584.46
Asset Income
Sale
Interest Earned On
John Deere Owner 0.510% 11/15/24
$0.00042/Pv On 234.73 Pv Due 10/15/23
Paid Down 177.73 Par Value Of
John Deere Owner 0.510% 11/15/24
Trade Date 10/15/23
177.73
4.80Asset Income
Sale
Interest Earned On
John Deere Own 0.520% 3/16/26
$0.00043/Pv On 11,074.70 Pv Due 10/15/23
Paid Down 584.51 Par Value Of
John Deere Own 0.520% 3/16/26
Trade Date 10/15/23
584.51
46.75 106.04
83.50 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 10/15/23
Interest Earned On
John Deere Owner 5.090% 6/15/27
$0.00424/Pv On 25,000.00 Pv Due 10/15/23
Interest Earned On
John Deere Owner 5.010% 11/15/27
$0.00418/Pv On 20,000.00 Pv Due 10/15/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 30
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: October 1, 2023 to October 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
10/16/23
10/16/23
10/16/23
10/16/23
10/16/23
10/16/23
10/16/23
10/16/23
10/16/23
10/16/23
10/16/23
Asset Income
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 10/15/23
Interest Earned On
Toyota Auto Rec 3.760% 4/15/27
$0.00313/Pv On
78.33 0.37
25,000.00 Pv Due 10/15/23
Interest Earned On
Toyota Auto 0.350% 1/15/25
$0.00029/Pv On 1,277.39 Pv Due 10/15/23
Paid Down 504.64 Par Value Of
Toyota Auto 0.350% 1/15/25
Trade Date 10/15/23
504.64
38.38 -504.55
-3,782.92
-1,305.15
Asset Income
Sale
Interest Earned On
Toyota Auto Rec 0.710% 4/15/26
$0.00059/Pv On 64,872.50 Pv Due 10/15/23
Paid Down 4,016.87 Par Value Of
Toyota Auto Rec 0.710% 4/15/26
Trade Date 10/15/23
4,016.87
2.12Asset Income
Sale
Interest Earned On
Toyota Auto Recv 0.260% 5/15/25
$0.00022/Pv On 9,792.15 Pv Due 10/15/23
Paid Down 1,305.39 Par Value Of
Toyota Auto Recv 0.260% 5/15/25
Trade Date 10/15/23
1,305.39
337.50
568.75
387.50
Asset Income
Asset Income
Asset Income
Interest Earned On
Royal Bk Cda Mtn 3.375% 4/14/25
0.016875 USD/$1 Pv On 20,000 Par Value Due 10/14/23
Interest Earned On
F N M A 1.625% 10/15/24
0.008125 USD/$1 Pv On 70,000 Par Value Due 10/15/23
Interest Earned On
Reality Income Corp 3.875% 4/15/25
0.019375 USD/$1 Pv On 20,000 Par Value Due 10/15/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 31
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: October 1, 2023 to October 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
10/17/23
10/18/23
10/18/23
10/20/23
10/20/23
10/20/23
10/20/23
10/20/23
10/20/23
10/20/23
10/20/23
Asset Income
Asset Income
Sale
Interest Earned On
F F C B Deb 4.375% 10/17/24
0.021875 USD/$1 Pv On 135,000 Par Value Due 10/17/23
2,953.13
Interest Earned On
Honda Auto 0.370% 10/18/24
$0.00031/Pv On
0.73 683.94
0.07 2,376.65 Pv Due 10/18/23
Paid Down 683.94 Par Value Of
Honda Auto 0.370% 10/18/24
Trade Date 10/18/23
-683.84
-169.12
Asset Income
Sale
Interest Earned On
Verizon Owner 0.46997% 2/20/25
$0.00039/Pv On 169.16 Pv Due 10/20/23
Paid Down 169.16 Par Value Of
Verizon Owner 0.46997% 2/20/25
Trade Date 10/20/23
169.16
2.66Asset Income
Sale
Interest Earned On
Gm Fin Auto Lsng 0.390% 10/21/24
$0.00033/Pv On 8,198.42 Pv Due 10/20/23
Paid Down 2,591.02 Par Value Of
Gm Fin Auto Lsng 0.390% 10/21/24
Trade Date 10/20/23
2,591.02
32.63 -2,590.98
-2,441.16
Asset Income
Sale
Interest Earned On
Gm Fin Auto Lsng Tr 1.900% 3/20/25
$0.00158/Pv On 20,609.41 Pv Due 10/20/23
Paid Down 2,441.18 Par Value Of
Gm Fin Auto Lsng Tr 1.900% 3/20/25
Trade Date 10/20/23
2,441.18
41.67Asset Income
Asset Income
Interest Earned On
Verizon Master 0.500% 5/20/27
$0.00042/Pv On 100,000.00 Pv Due 10/20/23
Interest Earned On 46.50
Verizon Master Tr 3.720% 7/20/27
$0.00310/Pv On 15,000.00 Pv Due 10/20/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 32
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: October 1, 2023 to October 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
10/20/23
10/23/23
10/23/23
10/23/23
10/23/23
10/23/23
10/23/23
10/23/23
10/25/23
10/25/23
10/25/23
Asset Income
Asset Income
Sale
Interest Earned On
Inter Amer Bk M T N 0.875% 4/20/26
0.004375 USD/$1 Pv On 75,000 Par Value Due 10/20/23
328.13
Interest Earned On
Honda Auto 0.270% 4/21/25
$0.00023/Pv On
1.25 775.97
6.29 5,566.41 Pv Due 10/21/23
Paid Down 775.97 Par Value Of
Honda Auto 0.270% 4/21/25
Trade Date 10/21/23
-775.96
-548.80
Asset Income
Sale
Interest Earned On
Honda Auto Rec 0.880% 1/21/26
$0.00073/Pv On 8,571.39 Pv Due 10/21/23
Paid Down 548.92 Par Value Of
Honda Auto Rec 0.880% 1/21/26
Trade Date 10/21/23
548.92
203.13
124.98
444.88
92.13 Asset Income
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
F N M A Deb 0.625% 4/22/25
0.003125 USD/$1 Pv On 65,000 Par Value Due 10/22/23
Interest Earned On
Jpmorgan Chase Co 2.083% 4/22/26
0.010415 USD/$1 Pv On 12,000 Par Value Due 10/22/23
Interest Earned On
Bank Of America Mtn 3.559% 4/23/27
0.017795 USD/$1 Pv On 25,000 Par Value Due 10/23/23
Interest Earned On
F H L B Gtd Remic 3.171% 10/25/24
$0.00264/Pv On 34,863.15 Pv Due 10/25/23
Paid Down 80.13 Par Value Of
F H L B Gtd Remic 3.171% 10/25/24
Trade Date 10/25/23
80.13 -86.20
Asset Income Interest Earned On 82.58
F H L M C Mltcl Mt 3.303% 11/25/27
0.002752 USD/$1 Pv On 30,000 Par Value Due 10/25/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 33
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: October 1, 2023 to October 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
10/25/23
10/25/23
10/25/23
10/25/23
10/25/23
10/25/23
10/25/23
10/25/23
10/25/23
10/25/23
10/25/23
Asset Income
Asset Income
Sale
Interest Earned On
Bmw Vehicle Lease 5.160% 11/25/25
$0.00430/Pv On 110,000.00 Pv Due 10/25/23
473.00
Interest Earned On
Bmw Vehicle Lease 1.100% 3/25/25
$0.00092/Pv On
4.94 881.80
40.13 0.52
5,392.08 Pv Due 10/25/23
Paid Down 881.8 Par Value Of
Bmw Vehicle Lease 1.100% 3/25/25
Trade Date 10/25/23
-881.67
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 10/25/23
Interest Earned On
Bmw Vehicle Lease 0.330% 12/26/24
$0.00028/Pv On 1,897.67 Pv Due 10/25/23
Paid Down 814.99 Par Value Of
Bmw Vehicle Lease 0.330% 12/26/24
Trade Date 10/25/23
814.99
40.51 33.38
97.10 164.20
69.46 -814.91
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Interest Earned On
F H L M C Mltcl Mtg 3.241% 9/25/24
$0.00270/Pv On 15,000.00 Pv Due 10/25/23
Interest Earned On
F H L M C Mltcl Mtg 2.670% 12/25/24
$0.00223/Pv On 15,000.00 Pv Due 10/25/23
Interest Earned On
F H L M C Mltcl Mtg 3.329% 5/25/25
$0.00277/Pv On 35,000.00 Pv Due 10/25/23
Interest Earned On
F H L M C Mltcl Mt 3.284% 6/25/25
$0.00274/Pv On 60,000.00 Pv Due 10/25/23
Interest Earned On
F H L M C Mltcl Mt 3.334% 8/25/25
$0.00278/Pv On 25,000.00 Pv Due 10/25/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 34
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: October 1, 2023 to October 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
10/25/23
10/25/23
10/25/23
10/25/23
10/25/23
10/25/23
10/25/23
10/25/23
10/25/23
10/25/23
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 2.995% 12/25/25
$0.00250/Pv On 125,000.00 Pv Due 10/25/23
311.98
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
200.08
49.12 70,000.00 Pv Due 10/25/23
Interest Earned On
F H L M C Mltcl Mtg 2.525% 5/25/26
$0.00210/Pv On 120,000.00 Pv Due 10/25/23
Interest Earned On
F H L M C Mltcl Mt 2.653% 8/25/26
$0.00221/Pv On 125,000.00 Pv Due 10/25/23
Interest Earned On
F H L M C Mltcl Mtg 3.413% 12/25/26
$0.00284/Pv On 70,000.00 Pv Due 10/25/23
Interest Earned On
F H L M C Mltcl Mt 3.430% 1/25/27
$0.00286/Pv On 70,000.00 Pv Due 10/25/23
Interest Earned On
F H L M C Mltcl Mt 3.064% 8/25/24
$0.00255/Pv On 19,236.73 Pv Due 10/25/23
Paid Down 2,211.49 Par Value Of
F H L M C Mltcl Mt 3.064% 8/25/24
Trade Date 10/25/23
2,211.49
263.02
2,906.25
-2,250.19
Asset Income
Asset Income
Interest Earned On
F H L M C Mltcl Mt 2.525% 10/25/26
$0.00210/Pv On 125,000.00 Pv Due 10/25/23
Interest Earned On
F F C B Deb 3.875% 4/25/28
0.019375 USD/$1 Pv On 150,000 Par Value Due 10/25/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 35
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: October 1, 2023 to October 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
10/30/23 Sale Sold 75,000 Par Value Of 74,405.27 -76,482.42 U S Treasury Nt 2.750% 2/15/24
Trade Date 10/27/23
Sold Through BofA Securities, Inc.
Sold On The Off-Exchange Transactions - Li
Swift External Ref#: 8330003133139984
75,000 Par Value At 99.20702667 %
10/30/23
10/30/23
10/30/23
10/30/23
10/31/23
Sell Accrued Interest
Asset Income
Asset Income
Asset Income
Purchase
Received Accrued Interest On Sale Of
U S Treasury Nt 2.750% 2/15/24
Income Credit 425.95 USD
425.95
187.50Interest Earned On
Intl Bk M T N 0.500% 10/28/25
0.0025 USD/$1 Pv On 75,000 Par Value Due 10/28/23
Interest Earned On
Morgan Stanley Mtn 2.188% 4/28/26
0.01094 USD/$1 Pv On 35,000 Par Value Due 10/28/23
382.90
Interest Earned On
Pepsico Inc 2.750% 4/30/25
0.01375 USD/$1 Pv On 130,000 Par Value Due 10/30/23
1,787.50
-116,263.48Purchased 135,000 Par Value Of 116,263.48
F H L M C Mltcl Mtg 2.031% 9/25/28
Trade Date 10/26/23
Purchased Through Td Securities (USA)
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8329903133138381
135,000 Par Value At 86.1210963 %
10/31/23
10/31/23
10/31/23
Purchase Accrued Interest
Asset Income
Paid Accrued Interest On Purchase Of
F H L M C Mltcl Mtg 2.031% 9/25/28
Income Debit 228.49- USD
-228.49
93.75Interest Earned On
U S Treasury Nt 0.250% 10/31/25
0.00125 USD/$1 Pv On 75,000 Par Value Due 10/31/23
Asset Income Interest Earned On 1,625.00
U S Treasury Nt 1.625% 10/31/26
0.008125 USD/$1 Pv On 200,000 Par Value Due 10/31/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 36
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: October 1, 2023 to October 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
10/31/23
10/31/23
10/31/23
Asset Income
Asset Income
Asset Income
Interest Earned On
U S Treasury Nt 2.250% 10/31/24
0.01125 USD/$1 Pv On 65,000 Par Value Due 10/31/23
731.25
Interest Earned On
U S Treasury Nt 3.500% 4/30/28
0.0175 USD/$1 Pv On 215,000 Par Value Due 10/31/23
3,762.50
4,125.00Interest Earned On
U S Treasury Nt 4.125% 10/31/27
0.020625 USD/$1 Pv On 200,000 Par Value Due 10/31/23
Purchase
Sale
Combined Purchases For The Period 10/ 1/23 - 10/31/23 Of Federated Hermes Govt Obligs Is
-114,628.56
106,154.47
114,628.56
-106,154.47Combined Sales For The Period 10/ 1/23 - 10/31/23 Of Federated Hermes Govt Obligs Is
Ending Balance 10/31/2023 $0.00 $11,000,532.46
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 37
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: October 1, 2023 to October 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
10/25/23 Paid Down 814.99
Par Value
-814.91 814.99 0.08
Trade Date 10/25/23
Bmw Vehicle Lease Trust 2022 1
A B S Ser 2022 1 Cl A3
03/25/2025
BVL1325
Var
10/25/23 Paid Down 881.8 Par
Value
-881.67 881.80 0.13
Trade Date 10/25/23
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
10/25/23 Paid Down 80.13 Par
Value
-86.20 80.13 -6.07
Trade Date 10/25/23
F H L M C Multiclass Mtg Partn
C M O Ser K728 Cl A2
08/25/2024
FHL3024
Var
10/25/23 Paid Down 2,211.49
Par Value
-2,250.19 2,211.49 -38.70
Trade Date 10/25/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 38
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: October 1, 2023 to October 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
10/20/23
10/20/23
10/16/23
10/16/23
Paid Down 2,591.02
Par Value
Trade Date 10/20/23
-2,590.98 2,591.02 0.04
Gm Fin Auto Lsng Tr
A B S Ser 2022 1 Cl A 3
1.900 03/20/2025
GFA1925
Paid Down 2,441.18
Par Value
Trade Date 10/20/23
-2,441.16
-542.28
-494.59
2,441.18
542.33
494.60
0.02 0.05
0.01 Gm Fin Cons Auto Rec
A B S Ser 2022 1 Cl A3
1.260 11/16/2026
GFC1226
Paid Down 542.33
Par Value
Trade Date 10/16/23
Gm Fin Cons Auto Rec Tr
A B S Ser 2021 4 Cl A 3
0.680 09/16/2026
GFC0626
Paid Down 494.6 Par
Value
Trade Date 10/16/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 39
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: October 1, 2023 to October 31, 2023
SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
Honda Auto Rec Ownr Tr 2021 4
A B S Ser 2021 4 Cl A3
01/21/2026
HAR0826
Var
10/23/23
10/23/23
Paid Down 548.92
Par Value
Trade Date 10/21/23
-548.80 548.92 0.12
Honda Auto Receivables
A B S Ser 2021 1 Cl A3
0.270 04/21/2025
43813GAC5
Paid Down 775.97
Par Value
Trade Date 10/21/23
-775.96
-683.84
775.97
683.94
0.01 0.10
Honda Auto Receivables Owner
A B S Ser 2020 3 Cl A3
0.370 10/18/2024
HA00324
10/18/23 Paid Down 683.94
Par Value
Trade Date 10/18/23
Hyundai Auto Rec Tr
A B S Ser 2021 C Cl A3
0.740 05/15/2026
HAR0726
10/16/23 Paid Down 1,156.68
Par Value
-1,140.10 1,156.68 16.58
Trade Date 10/15/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 40
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: October 1, 2023 to October 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
10/16/23
10/16/23
10/16/23
10/16/23
Paid Down 584.51
Par Value
Trade Date 10/15/23
-584.46 584.51 0.05
John Deere Owner Tr
A B S Ser 2020 B Cl A3
11/15/2024
JDO0524
Var
Paid Down 177.73
Par Value
Trade Date 10/15/23
-177.70
-161.86
177.73
161.90
0.03 0.04
John Deere Owner Tr
A B S Ser 2022 Cl A 3
09/15/2026
JDO2326
Var
Paid Down 161.9 Par
Value
Trade Date 10/15/23
Toyota Auto Rec Own Tr
A B S Ser 2021 D Cl A 3
04/15/2026
TAR0726
Var
Paid Down 4,016.87
Par Value
-3,782.92 4,016.87 233.95
Trade Date 10/15/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 41
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: October 1, 2023 to October 31, 2023
SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
Toyota Auto Receivables
A B S Ser 2020 D Cl A3
0.350 01/15/2025
TA00325
10/16/23 Paid Down 504.64
Par Value
-504.55 504.64 0.09
Trade Date 10/15/23
Toyota Auto Recv Tr
A B S Ser 2021 A Cl A3
05/15/2025
TAR0325A
Var
10/16/23
10/30/23
Paid Down 1,305.39
Par Value
Trade Date 10/15/23
-1,305.15 1,305.39 0.24
U S Treasury Note
2.750 02/15/2024
912828B66
Sold 75,000 Par
Value
-76,482.42 74,405.27 -2,077.15
Trade Date 10/27/23
Sold Through BofA Securities, Inc.
Sold On The Off-Exchange Transactions - Li
Swift External Ref#: 8330003133139984
75,000 Par Value At 99.20702667 %
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 42
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: October 1, 2023 to October 31, 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
10/20/23 Paid Down 169.16
Par Value
-169.12 169.16 0.04
Trade Date 10/20/23
Total Taxable Bonds -$96,418.86
-$96,418.86
$94,548.52
$94,548.52
-$1,870.34
-$1,870.34Total Sales & Maturities
SALE/MATURITY SUMMARY MESSAGES
Estimated Year-To-Date Short-Term Gain (Loss): $1,516.06 Estimated Year-To-Date Long-Term Gain (Loss): ($11,020.12) Estimates should not be used for tax purposes
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 43
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: October 1, 2023 to October 31, 2023
BOND SUMMARY
Percentage of
Par Value Market Value Category
MATURITY
2023
2024
2025
2026
2027
2028
0.00 1,340,248.05
2,776,728.46
2,474,681.31
2,000,000.00
2,540,000.00
0.00 1,315,787.54
2,643,443.08
2,316,278.37
1,907,595.40
2,425,751.75
0.00 12.41
24.92 21.83
17.98 22.86
Total of Category $11,131,657.82 $10,608,856.14 100.00
MOODY'S RATING
Aaa
Aa2
Aa3
A1
A2
A3
6,959,063.82
55,000.00
6,656,966.91
49,947.80
62.75 0.47
0.80 11.78
7.34 4.17
90,000.00 84,536.15
1,312,000.00
825,000.00
465,000.00
1,249,651.71
778,479.25
442,767.10
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 44
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February 21, 2024
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ACCOUNT NUMBER: October 1, 2023 to October 31, 2023
BOND SUMMARY (continued)
Percentage of
Par Value Market Value Category
N/A 1,425,594.00 1,346,507.22 12.69
Total of Category $11,131,657.82 $10,608,856.14 100.00
S&P RATING
AAA
AA+
AA
A+
A
A-
901,913.69
3,015,000.00
115,000.00
695,000.00
750,000.00
1,187,000.00
4,467,744.13
867,601.20
2,912,537.65
103,913.60
661,803.65
719,913.60
1,119,751.16
4,223,335.28
8.18 27.45
0.98 6.24
6.79 10.55
39.81N/A
Total of Category $11,131,657.82 $10,608,856.14 100.00
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 - December 2023
Item Page Number: 47
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February 21, 2024
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019381
-UC-305
U.S. Bank
1555 N. Rivercenter Dr.
Suite 300
Milwaukee, WI 53212
000015731 05 SP
CITY OF MENIFEE
000638586834300 S
FINANCE DEPARTMENT
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 48
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February 21, 2024
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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 November 1, 2023 to November 30, 2023 000015627 05 SP
CITY OF MENIFEE
000638605963406 S
FINANCE DEPARTMENT
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
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February 21, 2024
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Treasurer's Report - December 2023
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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 37
Item Title: 10.3
Treasurer's Report - December 2023
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Treasurer's Report - December 2023
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ACCOUNT NUMBER: November 1, 2023 to November 30, 2023
MARKET VALUE SUMMARY
Current Period
11/01/23 to 11/30/23
Beginning Market Value $10,624,782.01
Taxable Interest 19,142.31
-4,870.00
232.86
Long Term Gains/Losses
Short Term Gains/Losses
Change in Investment Value 150,442.59
Ending Market Value $10,789,729.77
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 53
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ACCOUNT NUMBER: November 1, 2023 to November 30, 2023
ASSET SUMMARY
Current Period
Market Value
% of
Total
Estimated
Annual IncomeAssets
Cash & Equivalents
Taxable Bonds
15,274.35 0.10 800.03
10,774,455.42 99.90 341,338.50
Total Market Value $10,789,729.77 100.00 $342,138.53
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 54
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February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 30, 2023
INCOME SUMMARY
Income Received
Current Period
Taxable Interest 19,142.31
Total Current Period Income $19,142.31
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 55
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February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 30, 2023
CASH SUMMARY
Cash
$0.00Beginning Cash 11/01/2023
Taxable Interest
Purchases
19,142.31
-112,706.40
92,912.57
651.52
Sales
Net Money Market Activity
Ending Cash 11/30/2023 $0.00
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 56
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February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 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
15,274.350 1.0000 15,274.35 15,274.35 0.00 0.1 800.03 5.24 Total Cash/Money Market $15,274.35 $15,274.35 $0.00 0.1 $800.03 Total Cash & Equivalents $15,274.35 $15,274.35 $0.00 0.1 $800.03 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
34,706.820 97.9700
95.9940
93.1120
92.3600
34,002.27
76,795.20
74,489.60
69,270.00
37,334.23
79,938.40
79,736.00
74,777.85
-3,331.96
-3,143.20
-5,246.40
-5,507.85
0.3 0.7
0.7 0.6
1,100.55
1,200.00
300.00
3.24 1.56
0.40 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 - 3137H4BY5
C M O Ser K 746 Cl A 2
1.985 09/25/2028
135,000.000 87.9530 118,736.55 116,263.48 2,473.07 1.1 2,741.85 2.31 Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 57
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February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 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 - 3137BEVH4
C M O Ser K040 Cl A2
3.241 09/25/2024
15,000.000 98.2280
97.2930
97.2280
97.1060
96.9330
96.0220
95.3710
94.3980
14,734.20
14,593.95
34,029.80
58,263.60
24,233.25
120,027.50
66,759.70
113,277.60
15,792.19
15,140.63
35,973.44
63,807.81
26,792.97
121,166.99
67,000.39
116,042.97
-1,057.99
-546.68
0.1 0.1
0.3 0.5
0.2 1.1
0.6 1.0
486.15
400.50
3.30 2.74
3.42 3.38
3.44 3.12
2.88 2.67
F H L M C Multiclass Mtg Partn - 3137BFXT3
C M O Ser K042 Cl A2
2.670 12/25/2024
15,000.000
F H L M C Multiclass Mtg Partn - 3137BKRJ1
C M O Ser K047 Cl A2
3.329 05/25/2025
35,000.000 -1,943.64
-5,544.21
-2,559.72
-1,139.49
-240.69
1,165.15
1,970.40
833.50
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
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 -2,765.37
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 58
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 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 - 3137BSP72
C M O Ser K058 Cl A2
2.653 08/25/2026
125,000.000 94.1590
95.7890
95.8110
94.4990
98.1810
117,698.75
67,052.30
67,067.70
28,349.70
16,688.14
118,955.08
67,716.80
67,711.33
28,566.80
17,294.79
-1,256.33
-664.50
-643.63
-217.10
-606.65
1.1 0.6
0.6 0.3
0.2 3,316.25
2,389.10
2,401.00
990.90
2.82 3.56
3.58 3.49
3.12 F H L M C Multiclass Mtg Partn - 3137BUX60
C M O Ser K062 Cl A2
3.413 12/25/2026
70,000.000
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
16,997.320 520.80
F H L M C Multiclass Mtg Partn - 3137FQXJ7
C M O Ser K737 Cl A2
2.525 10/25/2026
125,000.000 93.7150
92.6620
93.5070
92.1580
117,143.75
69,496.50
65,454.90
59,902.70
117,695.31
74,807.25
69,954.40
64,767.30
-551.56
-5,310.75
-4,499.50
-4,864.60
1.1 0.6
0.6 0.6
3,156.25
281.25
350.00
325.00
2.69 0.40
0.53 0.54
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
F N M A - 3135G06G3
0.500 11/07/2025
65,000.000
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 59
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 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 - 3135G0X24
1.625 01/07/2025
65,000.000
70,000.000
65,000.000
96.2980
96.9590
94.2360
96.1880
98.3250
97.5380
98.9250
99.2770
100.5530
99.2550
62,593.70
67,871.30
61,253.40
211,613.60
206,482.50
146,307.00
74,193.75
134,023.95
95,525.35
208,435.50
66,319.45
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
-3,725.75
-2,009.00
-3,612.70
2,382.60
-2,719.50
-4,446.00
93.75 0.6
0.6 0.6
2.0 1.9
1.4 0.7
1.2 0.9
1.9 1,056.25
1,137.50
406.25
1.69 1.68
0.66 1.82
3.94 3.97
4.30 4.41
4.47 4.66
F N M A - 3135G0W66
1.625 10/15/2024
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
Federal Farm Credit Bks - 3133EN7J3
3.875 02/02/2026
210,000.000
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 -410.40
Federal Farm Credit Bks - 3133EPWK7
4.500 09/22/2028
95,000.000 1,610.25
-2,240.70
Federal Farm Credit Bks - 3133EN3M0
4.625 12/05/2024
210,000.000
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 60
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 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 - 3130A4CH3
2.375 03/14/2025
35,000.000 96.5410
98.6760
98.1360
99.3700
99.7330
100.5830
99.3930
95.6250
92.1680
91.8710
33,789.35
78,940.80
206,085.60
198,740.00
224,399.25
191,107.70
208,725.30
76,500.00
64,517.60
68,903.25
37,003.05
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
-3,213.70
-4,520.00
-3,874.50
-5,534.00
539.25
0.3 0.7
1.9 1.8
2.1 1.8
1.9 0.7
0.6 0.6
831.25
2,300.00
6,037.50
8,500.00
9,843.75
8,550.00
9,712.50
2,500.00
175.00
2.46 2.91
2.93 4.28
4.39 4.47
4.65 3.27
0.27 0.27
Federal Home Loan Bks - 3130A1XJ2
2.875 06/14/2024
80,000.000
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 -5,057.80
-2,083.20
-2,583.21
-3,959.35
-5,083.08
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
U S Treasury Note - 91282CAM3
0.250 09/30/2025
U S Treasury Note - 91282CAT8
0.250 10/31/2025
187.50
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 61
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 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 - 91282CAZ4
0.375 11/30/2025
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
15,000.000
91.8320
90.6060
92.2810
95.9490
93.2460
93.5390
97.3520
95.5200
96.9220
94.4490
64,282.40
108,727.20
184,562.00
57,569.40
205,141.20
187,078.00
63,278.80
71,640.00
72,691.50
14,167.35
68,744.92
118,806.25
184,765.63
58,392.18
206,860.16
188,710.94
66,470.12
72,123.05
72,902.34
14,745.70
-4,462.52
-10,079.05
-203.63
0.6 1.0
1.7 0.5
1.9 1.7
0.6 0.7
0.7 0.1
262.50
1,050.00
3,250.00
1,050.00
4,400.00
4,500.00
1,462.50
1,875.00
2,062.50
412.50
0.41 0.97
1.76 1.82
2.14 2.40
2.31 2.62
2.84 2.91
U S Treasury Note - 91282CCZ2
0.875 09/30/2026
U S Treasury Note - 912828YQ7
1.625 10/31/2026
U S Treasury Note - 91282CED9
1.750 03/15/2025
-822.78
U S Treasury Note - 912828U24
2.000 11/15/2026
-1,718.96
-1,632.94
-3,191.32
-483.05
U S Treasury Note - 912828V98
2.250 02/15/2027
U S Treasury Note - 9128283D0
2.250 10/31/2024
U S Treasury Note - 9128286F2
2.500 02/28/2026
U S Treasury Note - 91282CEQ0
2.750 05/15/2025
-210.84
U S Treasury Note - 91282CFB2
2.750 07/31/2027
-578.35
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 62
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: November 1, 2023 to November 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 - 91282CEY3
3.000 07/15/2025
220,000.000
215,000.000
215,000.000
215,000.000
220,000.000
190,000.000
200,000.000
200,000.000
200,000.000
97.1250
96.2150
96.6450
97.1600
98.6680
99.1680
99.0740
99.0740
100.2580
213,675.00
206,862.25
207,786.75
208,894.00
217,069.60
188,419.20
198,148.00
198,148.00
214,345.31
213,216.60
210,498.44
211,951.37
220,042.97
187,209.38
202,359.38
202,382.81
-670.31
-6,354.35
-2,711.69
-3,057.37
-2,973.37
1,209.82
-4,211.38
-4,234.81
2.0 1.9
1.9 1.9
2.0 1.7
1.8 1.8
6,600.00
6,987.50
7,525.00
7,793.75
8,800.00
7,837.50
8,250.00
8,250.00
3.09 3.38
3.62 3.73
4.05 4.16
4.16 4.16
4.36 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
U S Treasury Note - 91282CHX2
4.375 08/31/2028
200,516.00 199,304.69 1,211.31 1.9 8,750.00
Total US Government Issues $6,916,733.21 $7,061,524.59 -$144,791.38 64.1 $216,142.65 Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 63
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: November 1, 2023 to November 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 Corporate Issues
Ace Ina Holding - 00440EAS6
3.150 03/15/2025
50,000.000
60,000.000
97.2080
91.2490
48,604.00
54,749.40
51,448.00
59,740.80
-2,844.00
-4,991.40
0.5 0.5
1,575.00
600.00
3.24 1.10
Amazon Com Inc - 023135BX3
1.000 05/12/2026
American Honda Fin Corp - 02665WED9
Medium Term Note
4.700 01/12/2028
130,000.000 98.5310
93.1750
96.7560
128,090.30
23,293.75
96,756.00
131,033.50
25,621.00
96,949.00
-2,943.20
-2,327.25
-193.00
1.2 0.2
0.9 6,110.00
512.50
4.77 2.20
3.36 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
1.319 06/19/2026
40,000.000
30,000.000
93.1040
98.8950
95.1390
94.6370
37,241.60
29,668.50
23,784.75
70,977.75
40,105.60
30,000.00
24,223.45
71,563.50
-2,864.00
-331.50
-438.70
-585.75
0.3 0.3
0.2 0.7
527.60
1,524.00
889.75
1.42 5.14
3.74 4.04
Bank America Corp - 06051GLE7
Medium Term Note
5.080 01/20/2027
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 2,868.00
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 64
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: November 1, 2023 to November 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 Berkshire Hathaway Fin - 084664CZ2
2.300 03/15/2027
45,000.000 93.0940 41,892.30 44,991.45 -3,099.15
-298.77
0.4 0.1
1,035.00
481.50
2.47 3.27
Bmw Veh Owner Tr - 05602RAD3
A B S Ser 2022 A Cl A 3
08/25/2026 Var
15,000.000 98.0030 14,700.45 14,999.22
Bmw Vehicle Lease - 05593AAC3
A B S Ser 2023 1 Cl A 3
5.160 11/25/2025
110,000.000 99.5890
99.9600
109,547.90
194.82
110,198.98
194.88
-651.08
-0.06
1.0 0.0
5,676.00
0.64 5.18
0.33 Bmw Vehicle Lease Trust - 09690AAC7
0.330 12/26/2024
194.900
Bmw Vehicle Lease Trust 2022 1 - 05601XAC3
A B S Ser 2022 1 Cl A3
03/25/2025 Var
3,546.100 99.2390
97.1110
3,519.11 3,545.57 -26.46 0.0
0.4 39.01 1.11
2.21 Caterpillar Finl Service - 14913Q3B3
Medium Term Note
2.150 11/08/2024
45,000.000 43,699.95 45,481.50 -1,781.55 967.50
Caterpillar Finl Svcs - 14913R3B1
Medium Term Note
4.800 01/06/2026
80,000.000
25,000.000
85,000.000
99.8160
90.9230
91.5370
79,852.80
22,730.75
77,806.45
79,988.80
24,991.70
80,783.15
-136.00
-2,260.95
-2,976.70
0.7 0.2
0.7 3,840.00
612.50
4.81 2.69
3.50 Charles Schwab Corp - 808513BY0
2.450 03/03/2027
Charles Schwab Corp - 808513AU9
3.200 01/25/2028
2,720.00
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 65
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: November 1, 2023 to November 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 Costco Wholesale Corp - 22160KAM7
3.000 05/18/2027
20,000.000 95.0260 19,005.20 19,535.80 -530.60 0.2 600.00 3.16 Deere John Capital Corp - 24422EWJ4
Medium Term Note
4.050 09/08/2025
70,000.000 98.4290
94.4740
68,900.30
33,065.90
69,267.10
36,755.95
-366.80 0.6
0.3 2,835.00
1,032.50
4.11 3.12
Duke Energy Carolinas - 26442CAS3
2.950 12/01/2026
35,000.000 -3,690.05
Gm Fin Auto Lsng Tr - 36262XAC8
A B S Ser 2021 3 Cl A 3
10/21/2024 Var
2,583.040 99.7090
99.1660
96.7320
96.2700
96.9730
96.7870
2,575.52
15,168.80
8,560.94
7,371.25
92,124.35
7,238.66
2,583.00
15,296.24
8,849.39
7,656.65
91,381.76
7,477.38
-7.48
-127.44
-288.45
-285.40
742.59
-238.72
0.0 0.1
0.1 0.1
0.9 0.1
10.07 290.63
111.51
52.07 0.39
1.92 1.30
0.71 1.94
0.91 Gm Fin Auto Lsng Tr - 36265MAC9
A B S Ser 2022 1 Cl A 3
1.900 03/20/2025
15,296.370
Gm Fin Cons Auto Rec - 380146AC4
A B S Ser 2022 1 Cl A3
1.260 11/16/2026
8,850.160
Gm Fin Cons Auto Rec Tr - 362554AC1
A B S Ser 2021 4 Cl A 3
0.680 09/16/2026
7,656.850
Honda Auto Rec Ownr Tr - 43815BAC4
A B S Ser 2022 1 Cl A 3
1.880 05/15/2026
95,000.000 1,786.00
65.81 Honda Auto Rec Ownr Tr 2021 4 - 43815GAC3
A B S Ser 2021 4 Cl A3
01/21/2026 Var
7,478.960
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 66
Menifee Mayor and City Council
February 21, 2024
Page
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CITY OF MENIFEE Page 15 of 38
ACCOUNT NUMBER: November 1, 2023 to November 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 Receivables - 43813GAC5
A B S Ser 2021 1 Cl A3
0.270 04/21/2025
4,035.420 98.6410 3,980.58 4,035.34 -54.76 0.0 10.90 0.27 Honda Auto Receivables Owner - 43813KAC6
A B S Ser 2020 3 Cl A3
0.370 10/18/2024
1,034.460 99.5720
94.2460
1,030.03 1,034.31 -4.28 0.0
1.2 3.83 0.37
2.65 Honeywell International - 438516BL9
2.500 11/01/2026
140,000.000 131,944.40 131,150.60 793.80 3,500.00
Hyundai Auto Rec Tr - 44935FAD6
A B S Ser 2021 C Cl A3
0.740 05/15/2026
14,867.940 96.9890
97.3320
99.3690
96.6950
99.2030
14,420.27
24,333.00
49,684.50
9,354.84
14,654.88
24,999.04
49,964.50
9,673.71
-234.61
-666.04
-280.00
-318.87
-197.31
0.1 0.2
0.5 0.1
0.2 110.02
555.00
225.00
50.31 0.76
2.28 0.45
0.54 5.13
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
John Deere Own - 47789QAC4
A B S Ser 2021 B Cl A 3
03/16/2026 Var
9,674.580
John Deere Owner - 47800BAC2
A B S Ser 2022 C Cl A 3
5.090 06/15/2027
25,000.000 24,800.75 24,998.06 1,272.50
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 67
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: November 1, 2023 to November 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 Owner Tr - 47787JAC2
A B S Ser 2022 Cl A 3
09/15/2026 Var
8,939.770 97.3750
99.2890
8,705.10 8,937.80 -232.70
-138.56
0.1 0.2
207.40 2.38
5.05 John Deere Owner Trust - 47800CAC0
A B S Ser 2023 A Cl A3
5.010 11/15/2027
20,000.000 19,857.80 19,996.36 1,002.00
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
12,000.000
35,000.000
97.5890
95.2010
97.2930
97.0980
94.9880
96.2880
14,638.35
66,640.70
38,917.20
19,419.60
11,398.56
33,700.80
14,998.57
67,053.70
40,048.60
20,015.45
12,447.96
36,067.15
-360.22
-413.00
0.1 0.6
0.4 0.2
0.1 0.3
561.00
2,647.40
329.60
193.80
249.96
700.00
3.83 3.97
0.85 1.00
2.19 2.08
Jpmorgan Chase Co - 46625HRY8
02/01/2028 Var
Jpmorgan Chase Co - 46647PCH7
0.824 06/01/2025
-1,131.40
-595.85
Jpmorgan Chase Co - 46647PCK0
0.969 06/23/2025
Jpmorgan Chase Co - 46647PBK1
2.083 04/22/2026
-1,049.40
-2,366.35
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 98.5590 34,495.65 34,995.80 -500.15 0.3 1,578.50 4.58 Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 68
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: November 1, 2023 to November 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 Merck Co Inc - 58933YBH7
4.050 05/17/2028
130,000.000 97.6560
96.9260
126,952.80
121,157.50
130,394.70
120,882.50
-3,441.90
275.00
1.2 1.1
5,265.00
3,906.25
4.15 3.22
Microsoft Corp - 594918BJ2
3.125 11/03/2025
125,000.000
100,000.000
35,000.000
Morgan Stanley - 61747YEZ4
Medium Term Note
5.050 01/28/2027
99.0650
95.0800
97.1550
99,065.00
33,278.00
9,715.50
100,170.55
33,013.20
9,997.30
-1,105.55
264.80
0.9 0.3
0.1 5,050.00
765.80
345.00
5.10 2.30
3.55 Morgan Stanley Fr - 6174468Q5
Medium Term Note
2.188 04/28/2026
National Rural Utils Coop Fin - 63743HFE7
Medium Term Note
3.450 06/15/2025
10,000.000 -281.80
National Rural Utils Corp Fin - 63743HFH0
Medium Term Note
4.450 03/13/2026
70,000.000 98.4610
97.1140
68,922.70
14,567.10
69,950.30
14,975.70
-1,027.60
-408.60
0.6 0.1
3,115.00
600.00
4.52 4.12
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 97.0060
98.8300
33,952.10
98,830.00
34,990.90
99,515.00
-1,038.80
-685.00
0.3 0.9
997.50 2.94
4.65 Paccar Financial Corp - 69371RS31
Medium Term Note
4.600 01/10/2028
100,000.000 4,600.00
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 69
Menifee Mayor and City Council
February 21, 2024
Page
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CITY OF MENIFEE Page 18 of 38
ACCOUNT NUMBER: November 1, 2023 to November 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 Pepsico Inc - 713448CT3
2.750 04/30/2025
130,000.000 96.8710
97.8730
97.7680
95.2130
97.0680
98.5130
91.9450
125,932.30
132,128.55
19,553.60
95,213.00
38,827.20
19,702.60
18,389.00
124,989.80
134,947.35
19,714.00
97,097.00
39,628.55
19,990.00
19,966.00
942.50
-2,818.80
-160.40
1.2 1.2
0.2 0.9
0.4 0.2
0.2 3,575.00
6,423.30
775.00
2.84 4.86
3.96 4.15
0.64 0.76
2.12 Pnc Financial Services - 693475BL8
4.758 01/26/2027
135,000.000
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
-1,884.00
-801.35
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 -287.40 150.00
Target Corp - 87612EBM7
1.950 01/15/2027
20,000.000 -1,577.00 390.00
Toronto Dominion Bank - 89115A2C5
Medium Term Note
4.108 06/08/2027
40,000.000 96.1750
96.7350
97.7080
38,470.00
55,001.17
24,427.00
39,866.00
53,546.07
24,583.98
-1,396.00
1,455.10
-156.98
0.4 0.5
0.2 1,643.20
403.69
940.00
4.27 0.73
3.85 Toyota Auto Rec Own Tr - 89238JAC9
A B S Ser 2021 D Cl A 3
04/15/2026 Var
56,857.570
Toyota Auto Rec Own Tr - 89231CAD9
A B S Ser 2022 C Cl A 3
3.760 04/15/2027
25,000.000
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 70
Menifee Mayor and City Council
February 21, 2024
Page
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CITY OF MENIFEE Page 19 of 38
ACCOUNT NUMBER: November 1, 2023 to November 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 Toyota Auto Receivables - 89236XAC0
A B S Ser 2020 D Cl A3
0.350 01/15/2025
254.400
7,214.930
99.7830
98.7260
90.8600
95.9470
98.9110
253.85
7,123.01
254.35
7,213.58
-0.50
-90.57
0.0 0.1
0.3 0.3
0.7 0.89
18.76 0.35
0.26 1.24
1.51 4.68
Toyota Auto Recv Tr - 89240BAC2
A B S Ser 2021 A Cl A3
05/15/2025 Var
Toyota Mtr Cr Corp - 89236TJK2
Medium Term Note
1.125 06/18/2026
40,000.000
30,000.000
80,000.000
30,000.000
36,344.00
28,784.10
79,128.80
39,982.40
29,959.80
79,947.20
-3,638.40
-1,175.70
-818.40
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
Truist Finl Corp - 89788MAA0
Medium Term Note
1.200 08/05/2025
92.7080
91.6450
27,812.40
36,658.00
29,341.20
39,563.60
-1,528.80
-2,905.60
0.3 0.3
360.00
460.00
1.29 1.25
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 99.7120 14,956.80 14,999.34 -42.54 0.1 558.00 3.73 Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 71
Menifee Mayor and City Council
February 21, 2024
Page
107 of 1711
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 72
Menifee Mayor and City Council
February 21, 2024
Page
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CITY OF MENIFEE Page 21 of 38
ACCOUNT NUMBER: November 1, 2023 to November 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 Royal Bank Of Canada - 78013XZU5
Medium Term Note
2.550 7/16/2024
40,000.000 98.0780
97.2310
98.9470
99.8020
39,231.20
19,446.20
79,157.60
40,598.00
19,992.60
79,957.60
-1,366.80
-546.40
-800.00
0.4 0.2
0.7 1,020.00
675.00
2.60 3.47
4.95 5.11
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
3,920.00
Toronto Dominion Bank - 89115A2K7
Medium Term Note
5.103 01/09/2026
80,000.000 79,841.60 79,890.40 -48.80 0.7 4,082.40
Total Foreign Issues $677,488.60 $695,432.65 -$17,944.05 6.3 $22,253.65 Total Taxable Bonds $10,774,455.42
$10,789,729.77
$10,999,763.28
$11,015,037.63
-$225,307.86
-$225,307.86
99.9 $341,338.50
$342,138.53Total Assets 100.0
Estimated Current Yield 3.17
ASSET DETAIL MESSAGES
Time of trade execution and trading party (if not disclosed) will be provided upon request.
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 73
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 30, 2023
ASSET DETAIL MESSAGES (continued)
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 - December 2023
Item Page Number: 74
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 30, 2023
TRANSACTION DETAIL
Date
Posted Activity Description Cash Tax Cost
Beginning Balance 11/01/2023 $0.00 $11,000,532.46
11/01/23
11/01/23
11/03/23
11/07/23
11/08/23
11/10/23
11/13/23
11/15/23
11/15/23
11/15/23
11/15/23
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
Honeywell 2.500% 11/01/26
0.0125 USD/$1 Pv On 140,000 Par Value Due 11/1/23
1,750.00
Interest Earned On
Federated Hermes Govt Obligs Is
Interest From 10/1/23 To 10/31/23
117.13
1,953.13
162.50
483.75
300.00
300.00
57.00 Interest Earned On
Microsoft Corp 3.125% 11/03/25
0.015625 USD/$1 Pv On 125,000 Par Value Due 11/3/23
Interest Earned On
F N M A 0.500% 11/07/25
0.0025 USD/$1 Pv On 65,000 Par Value Due 11/7/23
Interest Earned On
Caterpillar Finl Mtn 2.150% 11/08/24
0.01075 USD/$1 Pv On 45,000 Par Value Due 11/8/23
Interest Earned On
Northern Tr Corp Sr 4.000% 5/10/27
0.02 USD/$1 Pv On 15,000 Par Value Due 11/10/23
Interest Earned On
Amazon Com Inc 1.000% 5/12/26
0.005 USD/$1 Pv On 60,000 Par Value Due 11/12/23
Paid Down 57 Par Value Of
John Deere Owner 0.510% 11/15/24
Cmo Final Paydown
-56.99
Asset Income
Asset Income
Asset Income
Interest Earned On
Honda Auto Rec Own 1.880% 5/15/26
$0.00157/Pv On
148.83
46.25 95,000.00 Pv Due 11/15/23
Interest Earned On
Hyundai Auto Rec 2.220% 10/15/26
$0.00185/Pv On 25,000.00 Pv Due 11/15/23
Interest Earned On 9.86
Hyundai Auto Rec Tr 0.740% 5/15/26
$0.00062/Pv On 15,980.68 Pv Due 11/15/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 75
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 30, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
11/15/23
11/15/23
11/15/23
11/15/23
11/15/23
11/15/23
11/15/23
11/15/23
11/15/23
11/15/23
11/15/23
Sale Paid Down 1,112.74 Par Value Of
Hyundai Auto Rec Tr 0.740% 5/15/26
Trade Date 11/15/23
1,112.74 -1,096.80
Asset Income
Sale
Interest Earned On
John Deere Owner 2.320% 9/15/26
19.02 898.33
0.02 $0.00193/Pv On 9,838.10 Pv Due 11/15/23
Paid Down 898.33 Par Value Of
John Deere Owner 2.320% 9/15/26
Trade Date 11/15/23
-898.13
Asset Income
Asset Income
Sale
Interest Earned On
John Deere Owner 0.510% 11/15/24
$0.00043/Pv On 57.00 Pv Due 11/15/23
Interest Earned On
John Deere Own 0.520% 3/16/26
4.55 $0.00043/Pv On 10,490.19 Pv Due 11/15/23
Paid Down 815.61 Par Value Of
John Deere Own 0.520% 3/16/26
Trade Date 11/15/23
815.61
46.75 106.04
83.50 131.54
78.33 -815.54
Asset Income
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 11/15/23
Interest Earned On
John Deere Owner 5.090% 6/15/27
$0.00424/Pv On 25,000.00 Pv Due 11/15/23
Interest Earned On
John Deere Owner 5.010% 11/15/27
$0.00418/Pv On 20,000.00 Pv Due 11/15/23
Interest Earned On
Mercedes Benz Auto 4.510% 11/15/27
$0.00376/Pv On 35,000.00 Pv Due 11/15/23
Interest Earned On
Toyota Auto Rec 3.760% 4/15/27
$0.00313/Pv On 25,000.00 Pv Due 11/15/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 76
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 30, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
11/15/23
11/15/23
11/15/23
11/15/23
11/15/23
11/15/23
11/15/23
11/15/23
11/15/23
11/16/23
11/16/23
Asset Income Interest Earned On
Toyota Auto 0.350% 1/15/25
$0.00029/Pv On
0.23 772.75 Pv Due 11/15/23
Sale Paid Down 518.35 Par Value Of
Toyota Auto 0.350% 1/15/25
Trade Date 11/15/23
518.35
36.01 -518.25
Asset Income
Sale
Interest Earned On
Toyota Auto Rec 0.710% 4/15/26
$0.00059/Pv On 60,855.63 Pv Due 11/15/23
Paid Down 3,998.06 Par Value Of
Toyota Auto Rec 0.710% 4/15/26
Trade Date 11/15/23
3,998.06
1.84 -3,765.20
-1,271.59
Asset Income
Sale
Interest Earned On
Toyota Auto Recv 0.260% 5/15/25
$0.00022/Pv On 8,486.76 Pv Due 11/15/23
Paid Down 1,271.83 Par Value Of
Toyota Auto Recv 0.260% 5/15/25
Trade Date 11/15/23
1,271.83
2,200.00
1,031.25
230.00
4.61 Asset Income
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
U S Treasury Nt 2.000% 11/15/26
0.01 USD/$1 Pv On 220,000 Par Value Due 11/15/23
Interest Earned On
U S Treasury Nt 2.750% 5/15/25
0.01375 USD/$1 Pv On 75,000 Par Value Due 11/15/23
Interest Earned On
Unitedhealth 1.150% 5/15/26
0.00575 USD/$1 Pv On 40,000 Par Value Due 11/15/23
Interest Earned On
Gm Fin Cons Auto 0.680% 9/16/26
$0.00057/Pv On 8,127.95 Pv Due 11/16/23
Paid Down 471.1 Par Value Of
Gm Fin Cons Auto 0.680% 9/16/26
Trade Date 11/16/23
471.10 -471.09
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 77
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 30, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
11/16/23
11/16/23
11/17/23
11/20/23
11/20/23
11/20/23
11/20/23
11/20/23
11/20/23
11/20/23
11/20/23
Asset Income Interest Earned On
Gm Fin Cons Auto 1.260% 11/16/26
$0.00105/Pv On
9.83 9,366.29 Pv Due 11/16/23
Sale Paid Down 516.13 Par Value Of
Gm Fin Cons Auto 1.260% 11/16/26
Trade Date 11/16/23
516.13
2,632.50
1.82 -516.09
Asset Income
Asset Income
Sale
Interest Earned On
Merck Co Inc 4.050% 5/17/28
0.02025 USD/$1 Pv On 130,000 Par Value Due 11/17/23
Interest Earned On
Gm Fin Auto Lsng 0.390% 10/21/24
$0.00033/Pv On 5,607.40 Pv Due 11/20/23
Paid Down 3,024.36 Par Value Of
Gm Fin Auto Lsng 0.390% 10/21/24
Trade Date 11/20/23
3,024.36
28.77 -3,024.32
-2,871.84
-658.16
Asset Income
Sale
Interest Earned On
Gm Fin Auto Lsng Tr 1.900% 3/20/25
$0.00158/Pv On 18,168.23 Pv Due 11/20/23
Paid Down 2,871.86 Par Value Of
Gm Fin Auto Lsng Tr 1.900% 3/20/25
Trade Date 11/20/23
2,871.86
0.52Asset Income
Sale
Interest Earned On
Honda Auto 0.370% 10/18/24
$0.00031/Pv On 1,692.71 Pv Due 11/18/23
Paid Down 658.25 Par Value Of
Honda Auto 0.370% 10/18/24
Trade Date 11/18/23
658.25
41.67Asset Income
Asset Income
Interest Earned On
Verizon Master 0.500% 5/20/27
$0.00042/Pv On 100,000.00 Pv Due 11/20/23
Interest Earned On 46.50
Verizon Master Tr 3.720% 7/20/27
$0.00310/Pv On 15,000.00 Pv Due 11/20/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 78
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 30, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
11/20/23
11/21/23
11/21/23
11/21/23
11/21/23
11/27/23
11/27/23
11/27/23
11/27/23
11/27/23
11/27/23
Asset Income
Asset Income
Sale
Interest Earned On
Costco Wholesale 3.000% 5/18/27
0.015 USD/$1 Pv On 20,000 Par Value Due 11/18/23
300.00
Interest Earned On
Honda Auto 0.270% 4/21/25
$0.00022/Pv On
1.08 755.02
5.88 4,790.44 Pv Due 11/21/23
Paid Down 755.02 Par Value Of
Honda Auto 0.270% 4/21/25
Trade Date 11/21/23
-755.01
-543.39
Asset Income
Sale
Interest Earned On
Honda Auto Rec 0.880% 1/21/26
$0.00073/Pv On 8,022.47 Pv Due 11/21/23
Paid Down 543.51 Par Value Of
Honda Auto Rec 0.880% 1/21/26
Trade Date 11/21/23
543.51
40.51 311.98
91.91 76.20
33.38 97.10
Asset Income
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 11/25/23
Interest Earned On
F H L M C Mltcl Mtg 2.995% 12/25/25
0.002496 USD/$1 Pv On 125,000 Par Value Due 11/25/23
Interest Earned On
F H L B Gtd Remic 3.171% 10/25/24
$0.00264/Pv On 34,783.02 Pv Due 11/25/23
Paid Down 76.2 Par Value Of
F H L B Gtd Remic 3.171% 10/25/24
Trade Date 11/25/23
-81.97
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 11/25/23
Interest Earned On
F H L M C Mltcl Mtg 3.329% 5/25/25
$0.00277/Pv On 35,000.00 Pv Due 11/25/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 79
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: November 1, 2023 to November 30, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
11/27/23
11/27/23
11/27/23
11/27/23
11/27/23
11/27/23
11/27/23
11/27/23
11/27/23
11/27/23
11/27/23
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 Mt 3.284% 6/25/25
$0.00274/Pv On
164.20
60,000.00 Pv Due 11/25/23
Interest Earned On
F H L M C Mltcl Mt 3.334% 8/25/25
$0.00278/Pv On
69.46 160.13
252.50
276.35
199.09
200.08
43.47 25,000.00 Pv Due 11/25/23
Interest Earned On
F H L M C Mltcl Mtg 2.745% 1/25/26
$0.00229/Pv On 70,000.00 Pv Due 11/25/23
Interest Earned On
F H L M C Mltcl Mtg 2.525% 5/25/26
$0.00210/Pv On 120,000.00 Pv Due 11/25/23
Interest Earned On
F H L M C Mltcl Mt 2.653% 8/25/26
$0.00221/Pv On 125,000.00 Pv Due 11/25/23
Interest Earned On
F H L M C Mltcl Mtg 3.413% 12/25/26
$0.00284/Pv On 70,000.00 Pv Due 11/25/23
Interest Earned On
F H L M C Mltcl Mt 3.430% 1/25/27
$0.00286/Pv On 70,000.00 Pv Due 11/25/23
Interest Earned On
F H L M C Mltcl Mt 3.064% 8/25/24
$0.00255/Pv On 17,025.24 Pv Due 11/25/23
Paid Down 27.92 Par Value Of
F H L M C Mltcl Mt 3.064% 8/25/24
Trade Date 11/25/23
27.92 -28.41
Asset Income
Asset Income
Interest Earned On
F H L M C Mltcl Mt 2.525% 10/25/26
$0.00210/Pv On 125,000.00 Pv Due 11/25/23
263.02
228.49Interest Earned On
F H L M C Mltcl Mtg 2.031% 9/25/28
$0.00169/Pv On 135,000.00 Pv Due 11/25/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 80
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 30, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
11/27/23
11/27/23
11/27/23
11/27/23
11/27/23
11/27/23
11/27/23
11/28/23
Asset Income
Asset Income
Asset Income
Sale
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 11/25/23
82.58 Interest Earned On
Bmw Vehicle Lease 5.160% 11/25/25
$0.00430/Pv On 110,000.00 Pv Due 11/25/23
473.00
4.13Interest Earned On
Bmw Vehicle Lease 1.100% 3/25/25
$0.00092/Pv On 4,510.28 Pv Due 11/25/23
Paid Down 964.18 Par Value Of
Bmw Vehicle Lease 1.100% 3/25/25
Trade Date 11/25/23
964.18
40.13 -964.04
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 11/25/23
Interest Earned On
Bmw Vehicle Lease 0.330% 12/26/24
$0.00028/Pv On
0.30 1,082.68 Pv Due 11/25/23
Paid Down 887.78 Par Value Of
Bmw Vehicle Lease 0.330% 12/26/24
Trade Date 11/25/23
887.78
73,444.34
-887.69
Sale Sold 75,000 Par Value Of -78,325.20
U S Treasury Nt 2.375% 8/15/24
Trade Date 11/27/23
Sold Through Wells Fargo Securities, LLC
Sold On The Off-Exchange Transactions - Li
Swift External Ref#: 8333103133199632
75,000 Par Value At 97.92578667 %
11/28/23 Sell Accrued Interest Received Accrued Interest On Sale Of U S Treasury Nt 2.375% 8/15/24
Income Credit 508.24 USD
508.24
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 81
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT
November 1, 2023 to November 30, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
11/29/23 Purchase Purchased 120,000 Par Value Of
Inter Amer Dev Bk 3.125% 9/18/28
Trade Date 11/27/23
-112,706.40 112,706.40
Purchased Through Td Securities (USA)
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8333103133199611
120,000 Par Value At 93.922 %
11/29/23
11/30/23
11/30/23
Purchase Accrued Interest
Asset Income
Paid Accrued Interest On Purchase Of
Inter Amer Dev Bk 3.125% 9/18/28
Income Debit 739.58- USD
-739.58
131.25Interest Earned On
U S Treasury Nt 0.375% 11/30/25
0.001875 USD/$1 Pv On 70,000 Par Value Due 11/30/23
Asset Income Interest Earned On 3,896.88
U S Treasury Nt 3.625% 5/31/28
0.018125 USD/$1 Pv On 215,000 Par Value Due 11/30/23
Purchase
Sale
Combined Purchases For The Period 11/ 1/23 - 11/30/23 Of Federated Hermes Govt Obligs Is
-112,794.46
113,445.98
112,794.46
-113,445.98Combined Sales For The Period 11/ 1/23 - 11/30/23 Of Federated Hermes Govt Obligs Is
Ending Balance 11/30/2023 $0.00 $11,015,037.63
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 82
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 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
11/27/23 Paid Down 887.78
Par Value
-887.69 887.78 0.09
Trade Date 11/25/23
Bmw Vehicle Lease Trust 2022 1
A B S Ser 2022 1 Cl A3
03/25/2025
BVL1325
Var
11/27/23 Paid Down 964.18
Par Value
Trade Date 11/25/23
-964.04
-81.97
-28.41
964.18
76.20 27.92
0.14 -5.77
-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
11/27/23 Paid Down 76.2 Par
Value
Trade Date 11/25/23
F H L M C Multiclass Mtg Partn
C M O Ser K728 Cl A2
08/25/2024
FHL3024
Var
11/27/23 Paid Down 27.92 Par
Value
Trade Date 11/25/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 83
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: November 1, 2023 to November 30, 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
11/20/23
11/20/23
11/16/23
11/16/23
Paid Down 3,024.36
Par Value
Trade Date 11/20/23
-3,024.32 3,024.36 0.04
Gm Fin Auto Lsng Tr
A B S Ser 2022 1 Cl A 3
1.900 03/20/2025
GFA1925
Paid Down 2,871.86
Par Value
Trade Date 11/20/23
-2,871.84
-516.09
-471.09
2,871.86
516.13
471.10
0.02 0.04
0.01 Gm Fin Cons Auto Rec
A B S Ser 2022 1 Cl A3
1.260 11/16/2026
GFC1226
Paid Down 516.13
Par Value
Trade Date 11/16/23
Gm Fin Cons Auto Rec Tr
A B S Ser 2021 4 Cl A 3
0.680 09/16/2026
GFC0626
Paid Down 471.1 Par
Value
Trade Date 11/16/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 84
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: November 1, 2023 to November 30, 2023
SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
Honda Auto Rec Ownr Tr 2021 4
A B S Ser 2021 4 Cl A3
01/21/2026
HAR0826
Var
11/21/23
11/21/23
Paid Down 543.51
Par Value
Trade Date 11/21/23
-543.39 543.51 0.12
Honda Auto Receivables
A B S Ser 2021 1 Cl A3
0.270 04/21/2025
43813GAC5
Paid Down 755.02
Par Value
Trade Date 11/21/23
-755.01
-658.16
755.02
658.25
0.01 0.09
Honda Auto Receivables Owner
A B S Ser 2020 3 Cl A3
0.370 10/18/2024
HA00324
11/20/23 Paid Down 658.25
Par Value
Trade Date 11/18/23
Hyundai Auto Rec Tr
A B S Ser 2021 C Cl A3
0.740 05/15/2026
HAR0726
11/15/23 Paid Down 1,112.74
Par Value
-1,096.80 1,112.74 15.94
Trade Date 11/15/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 85
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February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 30, 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
11/15/23
11/15/23
11/15/23
11/15/23
Paid Down 815.61
Par Value
Trade Date 11/15/23
-815.54 815.61 0.07
John Deere Owner Tr
A B S Ser 2020 B Cl A3
11/15/2024
JDO0524
Var
Paid Down 57 Par
Value
Cmo Final Paydown
-56.99 57.00 0.01
0.20 John Deere Owner Tr
A B S Ser 2022 Cl A 3
09/15/2026
JDO2326
Var
Paid Down 898.33
Par Value
Trade Date 11/15/23
-898.13 898.33
Toyota Auto Rec Own Tr
A B S Ser 2021 D Cl A 3
04/15/2026
TAR0726
Var
Paid Down 3,998.06
Par Value
-3,765.20 3,998.06 232.86
Trade Date 11/15/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 86
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February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 30, 2023
SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
Toyota Auto Receivables
A B S Ser 2020 D Cl A3
0.350 01/15/2025
TA00325
11/15/23 Paid Down 518.35
Par Value
-518.25 518.35 0.10
Trade Date 11/15/23
Toyota Auto Recv Tr
A B S Ser 2021 A Cl A3
05/15/2025
TAR0325A
Var
11/15/23
11/28/23
Paid Down 1,271.83
Par Value
Trade Date 11/15/23
-1,271.59 1,271.83 0.24
U S Treasury Note
2.375 08/15/2024
912828D56
Sold 75,000 Par
Value
-78,325.20 73,444.34 -4,880.86
Trade Date 11/27/23
Sold Through Wells Fargo Securities, LLC
Sold On The Off-Exchange Transactions - Li
Swift External Ref#: 8333103133199632
75,000 Par Value At 97.92578667 %
Total Taxable Bonds -$97,549.71
-$97,549.71
$92,912.57
$92,912.57
-$4,637.14
-$4,637.14Total Sales & Maturities
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 87
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February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 30, 2023
SALE/MATURITY SUMMARY MESSAGES
Estimated Year-To-Date Short-Term Gain (Loss): $1,748.92 Estimated Year-To-Date Long-Term Gain (Loss): ($15,890.12) Estimates should not be used for tax purposes
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 88
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 30, 2023
BOND SUMMARY
Percentage of
Par Value Market Value Category
MATURITY
2023
2024
2025
2026
2027
2028
0.00 1,260,516.54
2,770,347.22
2,466,325.83
2,000,000.00
2,660,000.00
0.00 1,242,325.63
2,657,536.45
2,337,159.09
1,940,707.50
2,596,726.75
0.00 11.54
24.66 21.69
18.01 24.10
Total of Category $11,157,189.59 $10,774,455.42 100.00
MOODY'S RATING
Aaa
Aa2
Aa3
A1
A2
A3
6,995,491.78
55,000.00
6,771,151.81
50,980.20
62.85 0.47
0.80 11.80
7.33 4.19
90,000.00 85,771.90
1,312,000.00
825,000.00
465,000.00
1,271,211.76
790,133.45
451,401.85
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 89
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: November 1, 2023 to November 30, 2023
BOND SUMMARY (continued)
Percentage of
Par Value Market Value Category
N/A 1,414,697.81 1,353,804.45 12.56
Total of Category $11,157,189.59 $10,774,455.42 100.00
S&P RATING
AAA
AA+
AA
A+
A
A-
1,010,650.52
3,015,000.00
115,000.00
695,000.00
750,000.00
1,187,000.00
4,384,539.07
977,110.59
2,945,546.70
105,729.60
672,682.40
730,287.45
1,140,799.71
4,202,298.97
9.07 27.34
0.98 6.24
6.78 10.59
39.00N/A
Total of Category $11,157,189.59 $10,774,455.42 100.00
BOND SUMMARY MESSAGES
Data contained within this section excluded Mutual Funds, Exchange Traded Funds, and Closed-Ended Funds.
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 90
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February 21, 2024
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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 - December 2023
Item Page Number: 91
Menifee Mayor and City Council
February 21, 2024
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019281
-UC-335
U.S. Bank
1555 N. Rivercenter Dr.
Suite 300
Milwaukee, WI 53212
000015627 05 SP
CITY OF MENIFEE
000638605963406 S
FINANCE DEPARTMENT
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 92
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February 21, 2024
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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 December 1, 2023 to December 31, 2023 000018858 05 SP
CITY OF MENIFEE
000638627178117 S
FINANCE DEPARTMENT
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 93
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February 21, 2024
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Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 94
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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 22
31 37
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 95
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Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 96
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ACCOUNT NUMBER: December 1, 2023 to December 31, 2023
MARKET VALUE SUMMARY
Current Period
12/01/23 to 12/31/23
Beginning Market Value $10,789,729.77
Taxable Interest 29,662.41
-4,561.91
1,032.36
Long Term Gains/Losses
Short Term Gains/Losses
Change in Investment Value 136,207.10
Ending Market Value $10,952,069.73
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 97
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February 21, 2024
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ACCOUNT NUMBER: December 1, 2023 to December 31, 2023
ASSET SUMMARY
Current Period
Market Value
% of
Total
Estimated
Annual IncomeAssets
Cash & Equivalents
Taxable Bonds
36,802.33 0.30 1,928.92
10,915,267.40 99.70 343,835.38
Total Market Value $10,952,069.73 100.00 $345,764.30
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 98
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February 21, 2024
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ACCOUNT NUMBER: December 1, 2023 to December 31, 2023
INCOME SUMMARY
Income Received
Current Period
Taxable Interest 29,662.41
Total Current Period Income $29,662.41
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 99
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February 21, 2024
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ACCOUNT NUMBER: December 1, 2023 to December 31, 2023
CASH SUMMARY
Cash
$0.00Beginning Cash 12/01/2023
Taxable Interest
Purchases
29,662.41
-368,941.11
360,806.68
-21,527.98
Sales
Net Money Market Activity
Ending Cash 12/31/2023 $0.00
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 100
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February 21, 2024
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ACCOUNT NUMBER: December 1, 2023 to December 31, 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
36,802.330 1.0000 36,802.33 36,802.33 0.00 0.3 1,928.92 5.24 Total Cash/Money Market $36,802.33 $36,802.33 $0.00 0.3 $1,928.92 Total Cash & Equivalents $36,802.33 $36,802.33 $0.00 0.3 $1,928.92 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
34,626.160 98.3070
96.5410
93.9730
93.3330
34,039.94
77,232.80
75,178.40
69,999.75
37,247.46
79,938.40
79,736.00
74,777.85
-3,207.52
-2,705.60
-4,557.60
-4,778.10
0.3 0.7
0.7 0.6
1,098.00
1,200.00
300.00
3.23 1.55
0.40 0.40
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 - 3137H4BY5
C M O Ser K 746 Cl A 2
1.985 09/25/2028
135,000.000 90.1280 121,672.80 116,263.48 5,409.32 1.1 2,741.85 2.25 Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 101
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February 21, 2024
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ACCOUNT NUMBER: December 1, 2023 to December 31, 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 - 3137BEVH4
C M O Ser K040 Cl A2
3.241 09/25/2024
15,000.000 98.4920
97.7580
97.9060
97.8030
97.7600
96.8510
96.3670
95.5350
14,773.80
14,663.70
34,267.10
58,681.80
24,440.00
121,063.75
67,456.90
114,642.00
15,792.19
15,140.63
35,973.44
63,807.81
26,792.97
121,166.99
67,000.39
116,042.97
-1,018.39
-476.93
0.1 0.1
0.3 0.5
0.2 1.1
0.6 1.0
486.15
400.50
3.29 2.73
3.40 3.36
3.41 3.09
2.85 2.64
F H L M C Multiclass Mtg Partn - 3137BFXT3
C M O Ser K042 Cl A2
2.670 12/25/2024
15,000.000
F H L M C Multiclass Mtg Partn - 3137BKRJ1
C M O Ser K047 Cl A2
3.329 05/25/2025
35,000.000 -1,706.34
-5,126.01
-2,352.97
-103.24
1,165.15
1,970.40
833.50
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
F H L M C Multiclass Mtg Partn - 3137BNGT5
C M O Ser K054 Cl A2
2.745 01/25/2026
70,000.000 456.51
F H L M C Multiclass Mtg Partn - 3137BQYS0
C M O Ser K056 Cl A2
2.525 05/25/2026
120,000.000 -1,400.97
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 102
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: December 1, 2023 to December 31, 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 - 3137BSP72
C M O Ser K058 Cl A2
2.653 08/25/2026
125,000.000 95.4170
97.1530
97.1730
95.9400
96.4530
98.4560
119,271.25
68,007.10
68,021.10
95,940.00
28,935.90
16,705.46
118,955.08
67,716.80
67,711.33
95,941.41
28,566.80
17,264.39
316.17
290.30
309.77
-1.41
1.1 0.6
0.6 0.9
0.3 0.2
3,316.25
2,389.10
2,401.00
3,187.00
990.90
2.78 3.51
3.53 3.32
3.42 3.11
F H L M C Multiclass Mtg Partn - 3137BUX60
C M O Ser K062 Cl A2
3.413 12/25/2026
70,000.000
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 - 3137FBU79
C M O Ser K069 Cl A2
3.187 09/25/2027
100,000.000
F H L M C Multiclass Mtg Partn - 3137FCJK1
C M O Ser K070 Cl A2
11/25/2027 Var
30,000.000 369.10
-558.93
F H L M C Multiclass Mtg Partn - 3137FBTA4
C M O Ser K728 Cl A2
08/25/2024 Var
16,967.440 519.88
F H L M C Multiclass Mtg Partn - 3137FQXJ7
C M O Ser K737 Cl A2
2.525 10/25/2026
125,000.000 95.0060
93.4920
94.3640
118,757.50
70,119.00
66,054.80
117,695.31
74,807.25
69,954.40
1,062.19
-4,688.25
-3,899.60
1.1 0.6
0.6 3,156.25
281.25
350.00
2.66 0.40
0.53 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
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 103
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: December 1, 2023 to December 31, 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 - 3135G06G3
0.500 11/07/2025
65,000.000
65,000.000
70,000.000
65,000.000
93.1450
96.9010
97.4520
95.0780
96.9540
99.2300
99.3960
100.9160
101.4500
102.6020
60,544.25
62,985.65
68,216.40
61,800.70
213,298.80
208,383.00
149,094.00
75,687.00
273,915.00
97,471.90
64,767.30
66,319.45
69,880.30
64,866.10
209,231.00
209,202.00
150,753.00
74,100.00
272,999.70
93,915.10
-4,223.05
-3,333.80
-1,663.90
-3,065.40
4,067.80
-819.00
0.6 0.6
0.6 0.6
1.9 1.9
1.4 0.7
2.5 0.9
325.00
1,056.25
1,137.50
406.25
0.54 1.68
1.67 0.66
1.80 3.90
3.90 4.21
4.19 4.39
F N M A - 3135G0X24
1.625 01/07/2025
F N M A - 3135G0W66
1.625 10/15/2024
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
11,475.00
4,275.00
Federal Farm Credit Bks - 3133EN7J3
3.875 02/02/2026
210,000.000
Federal Farm Credit Bks - 3133EPGW9
3.875 04/25/2028
150,000.000 -1,659.00
1,587.00
915.30
Federal Farm Credit Bks - 3133EPSK2
4.250 08/07/2028
75,000.000
Federal Farm Credit Bks - 3133EPN50
4.250 12/15/2028
270,000.000
Federal Farm Credit Bks - 3133EPWK7
4.500 09/22/2028
95,000.000 3,556.80
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 104
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: December 1, 2023 to December 31, 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 Farm Credit Bks - 3133EN3M0
4.625 12/05/2024
210,000.000 99.8110
97.4280
98.9290
101.0290
101.8440
102.3650
99.7820
97.1880
93.1250
92.8870
209,603.10
34,099.80
79,143.20
202,058.00
229,149.00
194,493.50
209,542.20
77,750.40
65,187.50
69,665.25
210,676.20
37,003.05
83,460.80
204,274.00
223,860.00
196,165.50
210,808.50
79,083.21
68,476.95
73,986.33
-1,073.10
-2,903.25
-4,317.60
-2,216.00
5,289.00
-1,672.00
-1,266.30
-1,332.81
-3,289.45
-4,321.08
1.9 0.3
0.7 1.8
2.1 1.8
1.9 0.7
0.6 0.6
9,712.50
831.25
4.63 2.44
2.91 4.21
4.30 4.40
4.63 3.21
0.27 0.27
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
8,500.00
9,843.75
8,550.00
9,712.50
2,500.00
175.00
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
U S Treasury Note - 91282CAM3
0.250 09/30/2025
U S Treasury Note - 91282CAT8
0.250 10/31/2025
187.50
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 105
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: December 1, 2023 to December 31, 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 - 91282CAZ4
0.375 11/30/2025
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
15,000.000
92.8630
91.8480
93.6210
96.6290
94.5390
94.9300
97.8440
96.5080
97.6330
95.9920
65,004.10
110,217.60
187,242.00
57,977.40
207,985.80
189,860.00
63,598.60
72,381.00
73,224.75
14,398.80
68,744.92
118,806.25
184,765.63
58,392.18
206,860.16
188,710.94
66,470.12
72,123.05
72,902.34
14,745.70
-3,740.82
-8,588.65
2,476.37
-414.78
1,125.64
1,149.06
-2,871.52
257.95
0.6 1.0
1.7 0.5
1.9 1.7
0.6 0.7
0.7 0.1
262.50
1,050.00
3,250.00
1,050.00
4,400.00
4,500.00
1,462.50
1,875.00
2,062.50
412.50
0.40 0.95
1.74 1.81
2.12 2.37
2.30 2.59
2.82 2.86
U S Treasury Note - 91282CCZ2
0.875 09/30/2026
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 - 9128286F2
2.500 02/28/2026
U S Treasury Note - 91282CEQ0
2.750 05/15/2025
322.41
U S Treasury Note - 91282CFB2
2.750 07/31/2027
-346.90
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 106
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: December 1, 2023 to December 31, 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 - 91282CEY3
3.000 07/15/2025
220,000.000
215,000.000
215,000.000
215,000.000
220,000.000
190,000.000
200,000.000
200,000.000
200,000.000
97.8160
97.7230
98.4100
98.9410
99.4650
101.0310
100.6330
100.6290
102.1410
215,195.20
210,104.45
211,581.50
212,723.15
218,823.00
191,958.90
201,266.00
201,258.00
214,345.31
213,216.60
210,498.44
211,951.37
220,042.97
187,209.38
202,359.38
202,382.81
849.89
-3,112.15
1,083.06
771.78
2.0 1.9
1.9 1.9
2.0 1.8
1.8 1.8
6,600.00
6,987.50
7,525.00
7,793.75
8,800.00
7,837.50
8,250.00
8,250.00
3.07 3.33
3.56 3.66
4.02 4.08
4.10 4.10
4.28 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
-1,219.97
4,749.52
-1,093.38
-1,124.81
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
U S Treasury Note - 91282CHX2
4.375 08/31/2028
204,282.00 199,304.69 4,977.31 1.9 8,750.00
Total US Government Issues $7,031,095.75 $7,085,954.08 -$54,858.33 64.2 $218,857.43 Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 107
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: December 1, 2023 to December 31, 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 Corporate Issues
Ace Ina Holding - 00440EAS6
3.150 03/15/2025
50,000.000
60,000.000
97.7880
92.3760
48,894.00
55,425.60
51,448.00
59,740.80
-2,554.00
-4,315.20
0.4 0.5
1,575.00
600.00
3.22 1.08
Amazon Com Inc - 023135BX3
1.000 05/12/2026
American Honda Fin Corp - 02665WED9
Medium Term Note
4.700 01/12/2028
130,000.000 100.8420
94.1980
97.5670
131,094.60
23,549.50
97,567.00
131,033.50
25,621.00
96,949.00
61.10 -2,071.50
618.00
1.2 0.2
0.9 6,110.00
512.50
4.66 2.18
3.33 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
1.319 06/19/2026
40,000.000
30,000.000
94.1130
99.7800
96.2450
96.0780
37,645.20
29,934.00
24,061.25
72,058.50
40,105.60
30,000.00
24,223.45
71,563.50
-2,460.40
-66.00
0.3 0.3
0.2 0.7
527.60
1,524.00
889.75
1.40 5.09
3.70 3.98
Bank America Corp - 06051GLE7
Medium Term Note
5.080 01/20/2027
Bank Of America Corp - 06051GHT9
Medium Term Note
3.559 04/23/2027
25,000.000 -162.20
495.00
Bank Of America Corp - 06051GGF0
Medium Term Note
3.824 01/20/2028
75,000.000 2,868.00
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 108
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: December 1, 2023 to December 31, 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 Berkshire Hathaway Fin - 084664CZ2
2.300 03/15/2027
45,000.000 94.5800 42,561.00 44,991.45 -2,430.45
-206.02
-337.58
-14.35
0.4 0.1
1.0 0.0
0.4 1,035.00
470.08
5,676.00
28.60 2.43
3.26 5.17
1.11 2.20
Bmw Veh Owner Tr - 05602RAD3
A B S Ser 2022 A Cl A 3
08/25/2026 Var
14,644.300 98.5880
99.8740
99.4330
97.5090
14,437.52
109,861.40
2,585.29
14,643.54
110,198.98
2,599.64
Bmw Vehicle Lease - 05593AAC3
A B S Ser 2023 1 Cl A 3
5.160 11/25/2025
110,000.000
Bmw Vehicle Lease Trust 2022 1 - 05601XAC3
A B S Ser 2022 1 Cl A3
03/25/2025 Var
2,600.030
Caterpillar Finl Service - 14913Q3B3
Medium Term Note
2.150 11/08/2024
45,000.000 43,879.05 45,481.50 -1,602.45 967.50
Caterpillar Finl Svcs - 14913R3B1
Medium Term Note
4.800 01/06/2026
80,000.000
25,000.000
85,000.000
100.5710
93.0880
94.3680
96.2890
80,456.80
23,272.00
80,212.80
19,257.80
79,988.80
24,991.70
80,783.15
19,535.80
468.00
-1,719.70
-570.35
0.7 0.2
0.7 0.2
3,840.00
612.50
4.77 2.63
3.39 3.12
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 -278.00
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 109
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: December 1, 2023 to December 31, 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 Deere John Capital Corp - 24422EWJ4
Medium Term Note
4.050 09/08/2025
70,000.000 99.0590
96.5290
69,341.30
33,785.15
69,267.10
36,755.95
74.20 0.6
0.3 2,835.00
1,032.50
4.09 3.06
Duke Energy Carolinas - 26442CAS3
2.950 12/01/2026
35,000.000 -2,970.80
Gm Fin Auto Lsng Tr - 36265MAC9
A B S Ser 2022 1 Cl A 3
1.900 03/20/2025
12,399.340 99.3680
97.0710
96.6480
97.3320
97.0350
98.7860
12,320.98
8,095.27
6,962.86
90,237.31
6,758.99
3,285.83
12,399.23
8,338.81
7,204.16
89,179.78
6,964.05
3,326.14
-78.25
-243.54
-241.30
1,057.53
-205.06
-40.31
0.1 0.1
0.1 0.8
0.1 0.0
235.59
105.08
48.99 1.91
1.30 0.70
1.93 0.91
0.27 Gm Fin Cons Auto Rec - 380146AC4
A B S Ser 2022 1 Cl A3
1.260 11/16/2026
8,339.540
Gm Fin Cons Auto Rec Tr - 362554AC1
A B S Ser 2021 4 Cl A 3
0.680 09/16/2026
7,204.350
Honda Auto Rec Ownr Tr - 43815BAC4
A B S Ser 2022 1 Cl A 3
1.880 05/15/2026
92,710.840 1,742.96
61.30 Honda Auto Rec Ownr Tr 2021 4 - 43815GAC3
A B S Ser 2021 4 Cl A3
01/21/2026 Var
6,965.520
Honda Auto Receivables - 43813GAC5
A B S Ser 2021 1 Cl A3
0.270 04/21/2025
3,326.210 8.98
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 110
Menifee Mayor and City Council
February 21, 2024
Page
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CITY OF MENIFEE Page 15 of 38
ACCOUNT NUMBER: December 1, 2023 to December 31, 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 Receivables Owner - 43813KAC6
A B S Ser 2020 3 Cl A3
0.370 10/18/2024
404.710 99.7270
95.2570
403.61 404.65 -1.04 0.0
1.2 1.50 0.37
2.62 Honeywell International - 438516BL9
2.500 11/01/2026
140,000.000 133,359.80 131,150.60 2,209.20 3,500.00
Hyundai Auto Rec Tr - 44935FAD6
A B S Ser 2021 C Cl A3
0.740 05/15/2026
13,810.300 97.2850
97.7250
99.7930
97.2920
99.9920
97.7660
13,435.35
23,725.01
49,896.50
8,892.09
24,998.00
8,261.63
13,612.40
24,276.39
49,964.50
9,138.77
24,998.06
8,448.55
-177.05
-551.38
-68.00
-246.68
-0.06
0.1 0.2
0.5 0.1
0.2 0.1
102.20
538.96
225.00
47.53 0.76
2.27 0.45
0.53 5.09
2.37 Hyundai Auto Rec Tr - 448977AD0
A B S Ser 2022 A Cl A3
10/15/2026 Var
24,277.320
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
9,139.590
25,000.000
8,450.410
John Deere Owner - 47800BAC2
A B S Ser 2022 C Cl A 3
5.090 06/15/2027
1,272.50
196.05
John Deere Owner Tr - 47787JAC2
A B S Ser 2022 Cl A 3
09/15/2026 Var
-186.92
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 111
Menifee Mayor and City Council
February 21, 2024
Page
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CITY OF MENIFEE Page 16 of 38
ACCOUNT NUMBER: December 1, 2023 to December 31, 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 Owner Trust - 47800CAC0
A B S Ser 2023 A Cl A3
5.010 11/15/2027
20,000.000 100.1890 20,037.80 19,996.36 41.44 0.2 1,002.00 5.00 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
12,000.000
35,000.000
98.3830
96.5880
97.8590
97.6620
95.7850
96.8790
14,757.45
67,611.60
39,143.60
19,532.40
11,494.20
33,907.65
14,998.57
67,053.70
40,048.60
20,015.45
12,447.96
36,067.15
-241.12
557.90
0.1 0.6
0.4 0.2
0.1 0.3
561.00
2,647.40
329.60
193.80
249.96
700.00
3.80 3.92
0.84 0.99
2.17 2.06
Jpmorgan Chase Co - 46625HRY8
02/01/2028 Var
Jpmorgan Chase Co - 46647PCH7
0.824 06/01/2025
-905.00
-483.05
-953.76
-2,159.50
Jpmorgan Chase Co - 46647PCK0
0.969 06/23/2025
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
99.3610
99.5610
97.6080
34,776.35
129,429.30
122,010.00
34,995.80
130,394.70
120,882.50
-219.45
-965.40
1,127.50
0.3 1.2
1.1 1,578.50
5,265.00
3,906.25
4.54 4.07
3.20 Merck Co Inc - 58933YBH7
4.050 05/17/2028
Microsoft Corp - 594918BJ2
3.125 11/03/2025
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 112
Menifee Mayor and City Council
February 21, 2024
Page
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CITY OF MENIFEE Page 17 of 38
ACCOUNT NUMBER: December 1, 2023 to December 31, 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 Morgan Stanley - 61747YEZ4
Medium Term Note
5.050 01/28/2027
100,000.000 100.0970
96.0660
97.9150
100,097.00
33,623.10
9,791.50
100,170.55
33,013.20
9,997.30
-73.55
609.90
-205.80
0.9 0.3
0.1 5,050.00
765.80
345.00
5.04 2.28
3.52 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
National Rural Utils Corp Fin - 63743HFH0
Medium Term Note
4.450 03/13/2026
70,000.000 99.8490
98.6470
69,894.30
14,797.05
69,950.30
14,975.70
-56.00 0.6
0.1 3,115.00
600.00
4.46 4.05
Northern Tr Corp Sr Nt - 665859AW4
4.000 05/10/2027
15,000.000 -178.65
Paccar Financial Corp - 69371RR73
Medium Term Note
2.850 04/07/2025
35,000.000 97.7200 34,202.00 34,990.90 -788.90 0.3 997.50 2.92 Paccar Financial Corp - 69371RS31
Medium Term Note
4.600 01/10/2028
100,000.000 100.8580
97.3890
99.2130
100,858.00
126,605.70
133,937.55
99,515.00
124,989.80
134,947.35
1,343.00
1,615.90
-1,009.80
0.9 1.2
1.2 4,600.00
3,575.00
6,423.30
4.56 2.82
4.80 Pepsico Inc - 713448CT3
2.750 04/30/2025
130,000.000
Pnc Financial Services - 693475BL8
4.758 01/26/2027
135,000.000
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 113
Menifee Mayor and City Council
February 21, 2024
Page
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CITY OF MENIFEE Page 18 of 38
ACCOUNT NUMBER: December 1, 2023 to December 31, 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 Reality Income Corp - 756109AV6
3.875 04/15/2025
20,000.000
100,000.000
40,000.000
98.3240
97.2070
97.4790
98.9730
93.2970
19,664.80
97,207.00
38,991.60
19,794.60
18,659.40
19,714.00
97,097.00
39,628.55
19,990.00
19,966.00
-49.20
110.00
0.2 0.9
0.4 0.2
0.2 775.00
3,950.00
250.00
3.94 4.06
0.64 0.76
2.09 Realty Income Corp - 756109BG8
3.950 08/15/2027
Salesforce Com Inc - 79466LAG9
0.625 07/15/2024
-636.95
-195.40
-1,306.60
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
390.00
Toronto Dominion Bank - 89115A2C5
Medium Term Note
4.108 06/08/2027
40,000.000 98.2200
97.0310
98.3260
98.8930
39,288.00
51,480.70
24,581.50
5,941.21
39,866.00
49,965.85
24,583.98
6,006.60
-578.00
1,514.85
-2.48
0.4 0.5
0.2 0.1
1,643.20
376.70
940.00
15.62 4.18
0.73 3.82
0.26 Toyota Auto Rec Own Tr - 89238JAC9
A B S Ser 2021 D Cl A 3
04/15/2026 Var
53,055.930
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 Recv Tr - 89240BAC2
A B S Ser 2021 A Cl A3
05/15/2025 Var
6,007.720 -65.39
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 114
Menifee Mayor and City Council
February 21, 2024
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ACCOUNT NUMBER: December 1, 2023 to December 31, 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 Toyota Mtr Cr Corp - 89236TJK2
Medium Term Note
1.125 06/18/2026
40,000.000
30,000.000
80,000.000
30,000.000
92.3400
96.5030
36,936.00
28,950.90
81,024.00
39,982.40
29,959.80
79,947.20
-3,046.40
-1,008.90
1,076.80
0.3 0.3
0.7 450.00
435.00
1.22 1.50
4.57 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
101.2800 3,700.00
Truist Finl Corp - 89788MAA0
Medium Term Note
1.200 08/05/2025
93.8490
92.5720
28,154.70
37,028.80
29,341.20
39,563.60
-1,186.50
-2,534.80
0.3 0.3
360.00
460.00
1.28 1.24
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 99.9020 14,985.30
98,019.00
14,999.34
93,609.37
-14.04 0.1
0.9 558.00
500.00
3.72 Verizon Master Trust - 92348KAA1
A B S Ser 2021 1 Cl A
0.500 05/20/2027
100,000.000 98.0190
91.8810
4,409.63 0.51
1.14 Walmart Inc - 931142ER0
1.050 09/17/2026
10,000.000 9,188.10 9,981.10 -793.00 0.1 105.00
Total Corporate Issues $3,196,915.15 $3,222,981.43 -$26,066.28 29.2 $102,724.30 Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 115
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: December 1, 2023 to December 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
97.9930 73,494.75 73,120.50 374.25 0.7 2,775.00 3.78
Bank Of Montreal - 06368FAC3
Medium Term Note
1.250 09/15/2026
91.0930
96.1750
36,437.20 39,951.60 -3,514.40
2,703.60
0.3 1.1
500.00 1.37
3.25 Inter American Devel Bk - 4581X0DC9
3.125 09/18/2028
120,000.000 115,410.00 112,706.40 3,750.00
Inter American Devel Bk - 4581X0DV7
Medium Term Note
0.875 04/20/2026
75,000.000 92.7110
93.1940
69,533.25
69,895.50
74,656.50
74,670.05
-5,123.25
-4,774.55
0.6 0.6
656.25
375.00
0.94 0.54
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
100,000.000 102.0920
98.4700
97.9650
102,092.00
39,388.00
19,593.00
99,889.00
40,598.00
19,992.60
2,203.00
-1,210.00
-399.60
0.9 0.4
0.2 4,500.00
1,020.00
675.00
4.41 2.59
3.44 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
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 116
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: December 1, 2023 to December 31, 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 Royal Bk Cda - 78016FZW7
Medium Term Note
4.900 01/12/2028
80,000.000 101.0770
100.6890
80,861.60 79,957.60 904.00 0.7 3,920.00 4.85
5.07 Toronto Dominion Bank - 89115A2K7
Medium Term Note
5.103 01/09/2026
80,000.000 80,551.20 79,890.40 660.80 0.7 4,082.40
Total Foreign Issues $687,256.50 $695,432.65 -$8,176.15 6.3 $22,253.65 Total Taxable Bonds $10,915,267.40
$10,952,069.73
$11,004,368.16
$11,041,170.49
-$89,100.76
-$89,100.76
99.7 $343,835.38
$345,764.30Total Assets 100.0
Estimated Current Yield 3.15
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 - December 2023
Item Page Number: 117
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: December 1, 2023 to December 31, 2023
TRANSACTION DETAIL
Date
Posted Activity Description Cash Tax Cost
Beginning Balance 12/01/2023 $0.00 $11,015,037.63
12/01/23
12/01/23
12/01/23
12/05/23
12/07/23
12/08/23
12/11/23
12/13/23
12/14/23
12/15/23
12/15/23
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
Duke Energy 2.950% 12/01/26
0.01475 USD/$1 Pv On 35,000 Par Value Due 12/1/23
516.25
Interest Earned On
Jpmorgan Chase Co 0.824% 6/01/25
0.00412 USD/$1 Pv On 40,000 Par Value Due 12/1/23
164.80
140.36Interest Earned On
Federated Hermes Govt Obligs Is
Interest From 11/1/23 To 11/30/23
Interest Earned On
F F C B Deb 4.625% 12/05/24
0.023125 USD/$1 Pv On 210,000 Par Value Due 12/5/23
4,856.25
1,387.50
821.60
Interest Earned On
Bank Montreal Mtn 3.700% 6/07/25
0.0185 USD/$1 Pv On 75,000 Par Value Due 12/7/23
Interest Earned On
Toronto Dominion Mtn 4.108% 6/08/27
0.02054 USD/$1 Pv On 40,000 Par Value Due 12/8/23
Interest Earned On
F H L B Deb 4.250% 12/10/27
0.02125 USD/$1 Pv On 200,000 Par Value Due 12/10/23
4,250.00
4,856.25
1,150.00
254.40
Interest Earned On
F H L B Deb 4.625% 12/13/24
0.023125 USD/$1 Pv On 210,000 Par Value Due 12/13/23
Interest Earned On
F H L B 2.875% 6/14/24
0.014375 USD/$1 Pv On 80,000 Par Value Due 12/14/23
Paid Down 254.4 Par Value Of
Toyota Auto 0.350% 1/15/25
Cmo Final Paydown
-254.35
Asset Income Interest Earned On 148.83
Honda Auto Rec Own 1.880% 5/15/26
$0.00157/Pv On 95,000.00 Pv Due 12/15/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 118
Menifee Mayor and City Council
February 21, 2024
Page
154 of 1711
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ACCOUNT NUMBER: December 1, 2023 to December 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
12/15/23
12/15/23
12/15/23
12/15/23
12/15/23
12/15/23
12/15/23
12/15/23
12/15/23
12/15/23
12/15/23
Sale Paid Down 2,289.16 Par Value Of
Honda Auto Rec Own 1.880% 5/15/26
Trade Date 12/15/23
2,289.16 -2,201.98
Asset Income
Sale
Interest Earned On
Hyundai Auto Rec 2.220% 10/15/26
46.25 722.68
9.16 $0.00185/Pv On 25,000.00 Pv Due 12/15/23
Paid Down 722.68 Par Value Of
Hyundai Auto Rec 2.220% 10/15/26
Trade Date 12/15/23
-722.65
-1,042.48
-489.25
Asset Income
Sale
Interest Earned On
Hyundai Auto Rec Tr 0.740% 5/15/26
$0.00062/Pv On 14,867.94 Pv Due 12/15/23
Paid Down 1,057.64 Par Value Of
Hyundai Auto Rec Tr 0.740% 5/15/26
Trade Date 12/15/23
1,057.64
17.28Asset Income
Sale
Interest Earned On
John Deere Owner 2.320% 9/15/26
$0.00193/Pv On 8,939.77 Pv Due 12/15/23
Paid Down 489.36 Par Value Of
John Deere Owner 2.320% 9/15/26
Trade Date 12/15/23
489.36
4.19Asset Income
Sale
Interest Earned On
John Deere Own 0.520% 3/16/26
$0.00043/Pv On 9,674.58 Pv Due 12/15/23
Paid Down 534.99 Par Value Of
John Deere Own 0.520% 3/16/26
Trade Date 12/15/23
534.99
46.75 -534.94
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 12/15/23
Interest Earned On 106.04
John Deere Owner 5.090% 6/15/27
$0.00424/Pv On 25,000.00 Pv Due 12/15/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 119
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: December 1, 2023 to December 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
12/15/23
12/15/23
12/15/23
12/15/23
12/15/23
12/15/23
12/15/23
12/15/23
12/15/23
12/15/23
12/18/23
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
John Deere Owner 5.010% 11/15/27
$0.00418/Pv On
83.50 20,000.00 Pv Due 12/15/23
Interest Earned On
Mercedes Benz Auto 4.510% 11/15/27
$0.00376/Pv On
131.54
78.33 35,000.00 Pv Due 12/15/23
Interest Earned On
Toyota Auto Rec 3.760% 4/15/27
$0.00313/Pv On 25,000.00 Pv Due 12/15/23
Interest Earned On
Toyota Auto 0.350% 1/15/25
$0.00029/Pv On
0.07 254.40 Pv Due 12/15/23
Interest Earned On
Toyota Auto Rec 0.710% 4/15/26
$0.00059/Pv On
33.64 56,857.57 Pv Due 12/15/23
Paid Down 3,801.64 Par Value Of
Toyota Auto Rec 0.710% 4/15/26
Trade Date 12/15/23
3,801.64
1.56 -3,580.22
-1,206.98
Asset Income
Sale
Interest Earned On
Toyota Auto Recv 0.260% 5/15/25
$0.00022/Pv On 7,214.93 Pv Due 12/15/23
Paid Down 1,207.21 Par Value Of
Toyota Auto Recv 0.260% 5/15/25
Trade Date 12/15/23
1,207.21
172.50
4,400.00
4.34 Asset Income
Asset Income
Asset Income
Interest Earned On
National Rural Mtn 3.450% 6/15/25
0.01725 USD/$1 Pv On 10,000 Par Value Due 12/15/23
Interest Earned On
U S Treasury Nt 4.000% 12/15/25
0.02 USD/$1 Pv On 220,000 Par Value Due 12/15/23
Interest Earned On
Gm Fin Cons Auto 0.680% 9/16/26
$0.00057/Pv On 7,656.85 Pv Due 12/16/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 120
Menifee Mayor and City Council
February 21, 2024
Page
156 of 1711
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ACCOUNT NUMBER: December 1, 2023 to December 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
12/18/23
12/18/23
12/18/23
12/18/23
12/18/23
12/18/23
Sale Paid Down 452.5 Par Value Of
Gm Fin Cons Auto 0.680% 9/16/26
Trade Date 12/16/23
452.50 -452.49
Asset Income
Sale
Interest Earned On
Gm Fin Cons Auto 1.260% 11/16/26
9.29 510.62
$0.00105/Pv On 8,850.16 Pv Due 12/16/23
Paid Down 510.62 Par Value Of
Gm Fin Cons Auto 1.260% 11/16/26
Trade Date 12/16/23
-510.58
Asset Income
Sale
Interest Earned On
Honda Auto 0.370% 10/18/24
0.32 $0.00031/Pv On 1,034.46 Pv Due 12/18/23
Paid Down 629.75 Par Value Of
Honda Auto 0.370% 10/18/24
Trade Date 12/18/23
629.75 -629.66
Sale Sold 135,000 Par Value Of 134,049.60 -134,434.35
F F C B Deb 4.375% 10/17/24
Trade Date 12/15/23
Sold Through Marketaxess Corp
Sold On The Marketaxess Corporation
Swift External Ref#: 8334903133251028
135,000 Par Value At 99.296 %
12/18/23
12/18/23
12/18/23
Sell Accrued Interest
Asset Income
Received Accrued Interest On Sale Of
F F C B Deb 4.375% 10/17/24
Income Credit 1,000.78 USD
1,000.78
175.00
225.00
Interest Earned On
F N M A 0.500% 6/17/25
0.0025 USD/$1 Pv On 70,000 Par Value Due 12/17/23
Asset Income Interest Earned On
Toyota Mtr Cr Mtn 1.125% 6/18/26
0.005625 USD/$1 Pv On 40,000 Par Value Due 12/18/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 121
Menifee Mayor and City Council
February 21, 2024
Page
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ACCOUNT NUMBER: December 1, 2023 to December 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
12/19/23 Purchase Purchased 270,000 Par Value Of
F F C B Deb 4.250% 12/15/28
Trade Date 12/18/23
-272,999.70 272,999.70
Purchased Through Td Securities (USA)
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8335203133254814
270,000 Par Value At 101.111 %
12/19/23
12/19/23
Purchase Accrued Interest
Sale
Paid Accrued Interest On Purchase Of
F F C B Deb 4.250% 12/15/28
Income Debit 127.50- USD
-127.50
Sold 210,000 Par Value Of 206,497.20 -209,960.10
F H L B Deb 2.875% 9/13/24
Trade Date 12/18/23
Sold Through Mizuho Securities USA Fxd Inc
Sold On The Marketaxess Corporation
Swift External Ref#: 8335203133254426
210,000 Par Value At 98.332 %
12/19/23
12/19/23
12/20/23
12/20/23
12/20/23
12/20/23
Sell Accrued Interest
Asset Income
Sale
Received Accrued Interest On Sale Of
F H L B Deb 2.875% 9/13/24
Income Credit 1,610.00 USD
1,610.00
263.80
2,583.04
0.84 Interest Earned On
Bank Amer Corp Mtn 1.319% 6/19/26
0.006595 USD/$1 Pv On 40,000 Par Value Due 12/19/23
Paid Down 2,583.04 Par Value Of
Gm Fin Auto Lsng 0.390% 10/21/24
Cmo Final Paydown
-2,583.00
Asset Income
Asset Income
Sale
Interest Earned On
Gm Fin Auto Lsng 0.390% 10/21/24
$0.00033/Pv On 2,583.04 Pv Due 12/20/23
Interest Earned On
Gm Fin Auto Lsng Tr 1.900% 3/20/25
24.22 $0.00158/Pv On 15,296.37 Pv Due 12/20/23
Paid Down 2,897.03 Par Value Of
Gm Fin Auto Lsng Tr 1.900% 3/20/25
Trade Date 12/20/23
2,897.03 -2,897.01
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 122
Menifee Mayor and City Council
February 21, 2024
Page
158 of 1711
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ACCOUNT NUMBER: December 1, 2023 to December 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
12/20/23
12/20/23
12/20/23
Asset Income
Asset Income
Purchase
Interest Earned On
Verizon Master 0.500% 5/20/27
$0.00042/Pv On 100,000.00 Pv Due 12/20/23
41.67 Interest Earned On
Verizon Master Tr 3.720% 7/20/27
$0.00310/Pv On
46.50 15,000.00 Pv Due 12/20/23
Purchased 100,000 Par Value Of
F H L M C Mltcl Mt 3.187% 9/25/27
Trade Date 12/15/23
-95,941.41 95,941.41
Purchased Through Td Securities (USA)
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8334903133250914
100,000 Par Value At 95.94141 %
12/20/23
12/21/23
12/21/23
12/21/23
12/21/23
12/26/23
12/26/23
Purchase Accrued Interest
Asset Income
Sale
Paid Accrued Interest On Purchase Of
F H L M C Mltcl Mt 3.187% 9/25/27
Income Debit 168.20- USD
-168.20
0.91Interest Earned On
Honda Auto 0.270% 4/21/25
$0.00022/Pv On 4,035.42 Pv Due 12/21/23
Paid Down 709.21 Par Value Of
Honda Auto 0.270% 4/21/25
Trade Date 12/21/23
709.21
5.48 -709.20
-513.33
Asset Income
Sale
Interest Earned On
Honda Auto Rec 0.880% 1/21/26
$0.00073/Pv On 7,478.96 Pv Due 12/21/23
Paid Down 513.44 Par Value Of
Honda Auto Rec 0.880% 1/21/26
Trade Date 12/21/23
513.44
40.51 91.71
Asset Income
Asset Income
Interest Earned On
F H L M C Mltcl Mtg 3.241% 9/25/24
$0.00270/Pv On 15,000.00 Pv Due 12/25/23
Interest Earned On
F H L B Gtd Remic 3.171% 10/25/24
$0.00264/Pv On 34,706.82 Pv Due 12/25/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 123
Menifee Mayor and City Council
February 21, 2024
Page
159 of 1711
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ACCOUNT NUMBER: December 1, 2023 to December 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
12/26/23
12/26/23
12/26/23
12/26/23
12/26/23
12/26/23
12/26/23
12/26/23
12/26/23
12/26/23
12/26/23
Sale Paid Down 80.66 Par Value Of
F H L B Gtd Remic 3.171% 10/25/24
Trade Date 12/25/23
80.66 -86.77
Asset Income
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
33.38 97.10
$0.00223/Pv On 15,000.00 Pv Due 12/25/23
Interest Earned On
F H L M C Mltcl Mtg 3.329% 5/25/25
$0.00277/Pv On 35,000.00 Pv Due 12/25/23
Interest Earned On
F H L M C Mltcl Mt 3.334% 8/25/25
69.46 $0.00278/Pv On 25,000.00 Pv Due 12/25/23
Interest Earned On
F H L M C Mltcl Mtg 2.995% 12/25/25
$0.00250/Pv On 125,000.00 Pv Due 12/25/23
311.98
160.13
252.50
199.09
200.08
82.58 Interest Earned On
F H L M C Mltcl Mtg 2.745% 1/25/26
$0.00229/Pv On 70,000.00 Pv Due 12/25/23
Interest Earned On
F H L M C Mltcl Mtg 2.525% 5/25/26
$0.00210/Pv On 120,000.00 Pv Due 12/25/23
Interest Earned On
F H L M C Mltcl Mtg 3.413% 12/25/26
$0.00284/Pv On 70,000.00 Pv Due 12/25/23
Interest Earned On
F H L M C Mltcl Mt 3.430% 1/25/27
$0.00286/Pv On 70,000.00 Pv Due 12/25/23
Interest Earned On
F H L M C Mltcl Mt 3.303% 11/25/27
$0.00275/Pv On 30,000.00 Pv Due 12/25/23
Interest Earned On 263.02
F H L M C Mltcl Mt 2.525% 10/25/26
$0.00210/Pv On 125,000.00 Pv Due 12/25/23
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 124
Menifee Mayor and City Council
February 21, 2024
Page
160 of 1711
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 125
Menifee Mayor and City Council
February 21, 2024
Page
161 of 1711
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ACCOUNT NUMBER: December 1, 2023 to December 31, 2023
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
12/26/23
12/28/23
Asset Income Interest Earned On
Jpmorgan Chase 0.969% 6/23/25
0.004845 USD/$1 Pv On 20,000 Par Value Due 12/23/23
96.90 Sale Paid Down 355.7 Par Value Of
Bmw Veh Owner Tr 3.210% 8/25/26
Trade Date 12/25/23
355.70 -355.68
Purchase
Sale
Combined Purchases For The Period 12/ 1/23 - 12/31/23 Of Federated Hermes Govt Obligs Is
-179,383.53
157,855.55
179,383.53
-157,855.55Combined Sales For The Period 12/ 1/23 - 12/31/23 Of Federated Hermes Govt Obligs Is
Ending Balance 12/31/2023 $0.00 $11,041,170.49
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 126
Menifee Mayor and City Council
February 21, 2024
Page
162 of 1711
Item Title: 10.3
Treasurer's Report - December 2023
Item Page Number: 127
Menifee Mayor and City Council
February 21, 2024
Page
163 of 1711
24862
00- -M -UC-UU -364-04
0220052-00-04007-04
CITY OF MENIFEE
ACCOUNT